# EDGAR Filing Document

**Accession Number:** 0001669626
**File Stem:** 0001669626-25-000083
**Filing Date:** 2025-12
**Character Count:** 24449
**Document Hash:** d575fac87d2f5285cf69b0bfbbb2a9d5
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001669626-25-000083.hdr.sgml**: 20251229

**ACCESSION NUMBER**: 0001669626-25-000083

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251031

**FILED AS OF DATE**: 20251229

**DATE AS OF CHANGE**: 20251229

**PERIOD START**: 20251031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Thrivent Core Funds
- **CENTRAL INDEX KEY:** 0001669626

**ORGANIZATION NAME:**
- **EIN:** 810984919
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1031

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23149
- **FILM NUMBER:** 251603836

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

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

## Series and Classes Contracts Data

### Thrivent Core Small Cap Value Fund (Series ID: S000075310)

| Class ID   | Class Name                         | Ticker Symbol   |
|:---|:---|:---|
| C000234237 | Thrivent Core Small Cap Value Fund |  |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

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

- **b. Investment Company Act file number:** 811-23149

- **c. CIK number of Registrant:** 0001669626

- **d. LEI of Registrant:** 549300UJJQ0UT7692449

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

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

  - **City:** Minneapolis

  - **State:** MN

  - **Foreign country:** US

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

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

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

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

- **b. EDGAR series identifier (if any):** S000075310

- **c. LEI of Series:** 549300MCHI789NHKGU18

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

- **a. Date of fiscal year-end:** 2025-10-31

- **b. Date as of which information is reported:** 2025-10-31

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **Yes**

### Fund Information

**Total Assets:** $142489304.68

**Total Liabilities:** $17097.01

**Net Assets:** $142472207.67

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000234237 | 6.44%                | 0.18%                | -2.89%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $890753.25               | $7782954.36                                |
| Month 2  | $849261.34               | $-836379.95                                |
| Month 3  | $1684692.19              | $-6018554.69                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| AVANOS MED INC                 | Avanos Medical, Inc.                                         | CUSIP: 05350V106<br>LEI: 549300YCXWOM7NEWMQ58 | Long             | EC               | CORP              | US        |    143750 | NS      | $1597062.50   | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| AIR LEASE CORP                 | Air Lease Corporation                                        | CUSIP: 00912X302<br>LEI: 5493004NW4M4P8TMMK63 | Long             | EC               | CORP              | US        |     37677 | NS      | $2406053.22   | 1.69%             |  |  |  | No            |                  1 | On Loan: No      |
| KYNDRYL HLDGS INC              | Kyndryl Holdings, Inc.                                       | CUSIP: 50155Q100<br>LEI: 549300LQ4LWX2R8ZV130 | Long             | EC               | CORP              | US        |     74131 | NS      | $2143868.52   | 1.50%             |  |  |  | No            |                  1 | On Loan: No      |
| OLD NATL BANCORP IND           | Old National Bancorp                                         | CUSIP: 680033107<br>LEI: 549300MMK90CL5KMVX16 | Long             | EC               | CORP              | US        |    148150 | NS      | $3026704.50   | 2.12%             |  |  |  | No            |                  1 | On Loan: No      |
| BANNER CORP                    | Banner Corporation                                           | CUSIP: 06652V208<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     23490 | NS      | $1418561.10   | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| GULFPORT ENERGY CORP           | Gulfport Energy Corporation                                  | CUSIP: 402635502<br>LEI: 254900DJRGZBUZ3F5038 | Long             | EC               | CORP              | US        |     16817 | NS      | $3128130.17   | 2.20%             |  |  |  | No            |                  1 | On Loan: No      |
| PLYMOUTH INDL REIT INC         | Plymouth Industrial REIT, Inc.                               | CUSIP: 729640102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    100727 | NS      | $2215994.00   | 1.56%             |  |  |  | No            |                  1 | On Loan: No      |
| MURPHY USA INC                 | Murphy USA, Inc.                                             | CUSIP: 626755102<br>LEI: 549300Y081F8XIKQIO72 | Long             | EC               | CORP              | US        |      3896 | NS      | $1395547.20   | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| SIGNET JEWELERS LIMITED        | Signet Jewelers, Ltd.                                        | CUSIP: G81276100<br>LEI: 549300N3XPGE91WV7M22 | Long             | EC               | CORP              | BM        |     31766 | NS      | $3140069.10   | 2.20%             |  |  |  | No            |                  1 | On Loan: No      |
| AGCO CORP DEL                  | AGCO Corporation                                             | CUSIP: 001084102<br>LEI: LYOM0B2GCF1JWXK5ZG04 | Long             | EC               | CORP              | US        |     17729 | NS      | $1828923.64   | 1.28%             |  |  |  | No            |                  1 | On Loan: No      |
| GRAND CANYON ED INC            | Grand Canyon Education, Inc.                                 | CUSIP: 38526M106<br>LEI: 529900XFER799IYOSW74 | Long             | EC               | CORP              | US        |     13155 | NS      | $2477086.50   | 1.74%             |  |  |  | No            |                  1 | On Loan: No      |
| GREIF INC                      | Greif, Inc.                                                  | CUSIP: 397624107<br>LEI: 54930070FVGKR0Z1FI24 | Long             | EC               | CORP              | US        |     56696 | NS      | $3225435.44   | 2.26%             |  |  |  | No            |                  1 | On Loan: No      |
| ADVANCE AUTO PTS INC           | Advance Auto Parts, Inc.                                     | CUSIP: 00751Y106<br>LEI: 529900UCNQ5H9FSL0Y70 | Long             | EC               | CORP              | US        |     52518 | NS      | $2475173.34   | 1.74%             |  |  |  | No            |                  1 | On Loan: No      |
| MASTERBRAND INC                | Masterbrand, Inc.                                            | CUSIP: 57638P104<br>LEI: 549300E0Y4BR5Z9RDZ64 | Long             | EC               | CORP              | US        |    141143 | NS      | $1782636.09   | 1.25%             |  |  |  | No            |                  1 | On Loan: No      |
| KORN FERRY                     | Korn Ferry                                                   | CUSIP: 500643200<br>LEI: 549300FOD20OM0GT5G40 | Long             | EC               | CORP              | US        |     39163 | NS      | $2533846.10   | 1.78%             |  |  |  | No            |                  1 | On Loan: No      |
| MATADOR RES CO                 | Matador Resources Company                                    | CUSIP: 576485205<br>LEI: 549300CI3Q2UUK5R4G79 | Long             | EC               | CORP              | US        |     65912 | NS      | $2600887.52   | 1.83%             |  |  |  | No            |                  1 | On Loan: No      |
| State Street Institutional US  | State Street Institutional U.S. Government Money Market Fund | CUSIP: 857492706<br>LEI: 549300BZ5TGIFZUZDZ37 | Long             | STIV             | RF                | US        |   5840297 | NS      | $5840296.99   | 4.10%             |  |  |  | No            |                  1 | On Loan: No      |
| EVERCORE INC                   | Evercore, Inc.                                               | CUSIP: 29977A105<br>LEI: 529900P6KLPT95DW3W58 | Long             | EC               | CORP              | US        |      5758 | NS      | $1696076.48   | 1.19%             |  |  |  | No            |                  1 | On Loan: No      |
| CLIMB GLOBAL SOLUTIONS INC     | Climb Global Solutions, Inc.                                 | CUSIP: 946760105<br>LEI: 549300LKM16VX2FG7J68 | Long             | EC               | CORP              | US        |     13990 | NS      | $1554009.20   | 1.09%             |  |  |  | No            |                  1 | On Loan: No      |
| MERITAGE HOMES CORP            | Meritage Homes Corporation                                   | CUSIP: 59001A102<br>LEI: 52990044W9UMFJO2FB97 | Long             | EC               | CORP              | US        |     37842 | NS      | $2556605.52   | 1.79%             |  |  |  | No            |                  1 | On Loan: No      |
| BRUKER CORP                    | Bruker Corporation                                           | CUSIP: 116794108<br>LEI: LEBZ6VLQ6I8XB1NHVY15 | Long             | EC               | CORP              | US        |     31786 | NS      | $1237746.84   | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| PLEXUS CORP                    | Plexus Corporation                                           | CUSIP: 729132100<br>LEI: 549300W7HCBI5YT25I79 | Long             | EC               | CORP              | US        |     16119 | NS      | $2255048.10   | 1.58%             |  |  |  | No            |                  1 | On Loan: No      |
| CONSTELLIUM SE                 | Constellium SE                                               | CUSIP: F21107101<br>LEI: 724500KRJEMC79KAAU28 | Long             | EC               | CORP              | FR        |    217251 | NS      | $3417358.23   | 2.40%             |  |  |  | No            |                  1 | On Loan: No      |
| ATLANTIC UN BANKSHARES CORP    | Atlantic Union Bankshares Corporation                        | CUSIP: 04911A107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     83633 | NS      | $2719745.16   | 1.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Ardelyx, Inc.                  | Ardelyx, Inc.                                                | CUSIP: 039697107<br>LEI: 549300F542QR4SXHCY32 | Long             | EC               | CORP              | US        |    156428 | NS      | $947953.68    | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| WINTRUST FINL CORP             | Wintrust Financial Corporation                               | CUSIP: 97650W108<br>LEI: Q774KI4AW80FHFW33O61 | Long             | EC               | CORP              | US        |     25022 | NS      | $3253360.44   | 2.28%             |  |  |  | No            |                  1 | On Loan: No      |
| NATIONAL STORAGE AFFILIATES TR | National Storage Affiliates Trust                            | CUSIP: 637870106<br>LEI: 529900FS06O8GOYNR108 | Long             | EC               | CORP              | US        |     77588 | NS      | $2257034.92   | 1.58%             |  |  |  | No            |                  1 | On Loan: No      |
| MOOG INC                       | Moog, Inc.                                                   | CUSIP: 615394202<br>LEI: 549300WM2I4U7OBAHG07 | Long             | EC               | CORP              | US        |     13070 | NS      | $2677389.50   | 1.88%             |  |  |  | No            |                  1 | On Loan: No      |
| CRANE NXT CO                   | Crane NXT Company                                            | CUSIP: 224441105<br>LEI: 549300EXNPSXEWUD3N21 | Long             | EC               | CORP              | US        |     53568 | NS      | $3388176.00   | 2.38%             |  |  |  | No            |                  1 | On Loan: No      |
| CUSHMAN & WAKEFIELD PLC        | Cushman and Wakefield plc                                    | CUSIP: G2717B108<br>LEI: N/A                  | Long             | EC               | CORP              | GB        |    262405 | NS      | $4119758.50   | 2.89%             |  |  |  | No            |                  1 | On Loan: No      |
| WYNDHAM HOTELS & RESORTS INC   | Wyndham Hotels & Resorts, Inc.                               | CUSIP: 98311A105<br>LEI: 549300FE3MQ4RVXXC673 | Long             | EC               | CORP              | US        |     22449 | NS      | $1648430.07   | 1.16%             |  |  |  | No            |                  1 | On Loan: No      |
| INGEVITY CORP                  | Ingevity Corporation                                         | CUSIP: 45688C107<br>LEI: 5493009UTFC4B5IMGF87 | Long             | EC               | CORP              | US        |     40031 | NS      | $2150465.32   | 1.51%             |  |  |  | No            |                  1 | On Loan: No      |
| J & J SNACK FOODS CORP         | J & J Snack Foods Corporation                                | CUSIP: 466032109<br>LEI: 894500IGP1Y2ZQFQMJ83 | Long             | EC               | CORP              | US        |     23295 | NS      | $1971921.75   | 1.38%             |  |  |  | No            |                  1 | On Loan: No      |
| OLD REP INTL CORP              | Old Republic International Corporation                       | CUSIP: 680223104<br>LEI: 549300IV6O2YY2A1KH37 | Long             | EC               | CORP              | US        |     65702 | NS      | $2592600.92   | 1.82%             |  |  |  | No            |                  1 | On Loan: No      |
| GLOBUS MED INC                 | Globus Medical, Inc.                                         | CUSIP: 379577208<br>LEI: 5299003M2P4CIK0RF205 | Long             | EC               | CORP              | US        |     26231 | NS      | $1584090.09   | 1.11%             |  |  |  | No            |                  1 | On Loan: No      |
| OSHKOSH CORP                   | Oshkosh Corporation                                          | CUSIP: 688239201<br>LEI: 549300FEKNPCFSA2B506 | Long             | EC               | CORP              | US        |      8725 | NS      | $1075705.25   | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| FIRST BUSEY CORP               | First Busey Corporation                                      | CUSIP: 319383204<br>LEI: 549300X4ZNLYSX7GUY60 | Long             | EC               | CORP              | US        |    124434 | NS      | $2782344.24   | 1.95%             |  |  |  | No            |                  1 | On Loan: No      |
| SPIRE INC                      | Spire, Inc.                                                  | CUSIP: 84857L101<br>LEI: 549300NXSY15DRY2R511 | Long             | EC               | CORP              | US        |     42620 | NS      | $3682368.00   | 2.58%             |  |  |  | No            |                  1 | On Loan: No      |
| TECHNIPFMC PLC                 | TechnipFMC plc                                               | CUSIP: G87110105<br>LEI: 549300D5I93QWCJTCK36 | Long             | EC               | CORP              | GB        |     36185 | NS      | $1496249.75   | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| SIX FLAGS ENTMT CORP DEL       | Six Flags Entertainment Corporation                          | CUSIP: 83001C108<br>LEI: 529900AS2CYWYFHRS781 | Long             | EC               | CORP              | US        |     84572 | NS      | $1943464.56   | 1.36%             |  |  |  | No            |                  1 | On Loan: No      |
| TTM TECHNOLOGIES INC           | TTM Technologies, Inc.                                       | CUSIP: 87305R109<br>LEI: 549300SC4BDOIS008048 | Long             | EC               | CORP              | US        |     17276 | NS      | $1160947.20   | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| AAR CORP                       | AAR Corporation                                              | CUSIP: 000361105<br>LEI: MP76T5YQX3YK5VVAQ802 | Long             | EC               | CORP              | US        |     25116 | NS      | $2115018.36   | 1.48%             |  |  |  | No            |                  1 | On Loan: No      |
| GROUP 1 AUTOMOTIVE INC         | Group 1 Automotive, Inc.                                     | CUSIP: 398905109<br>LEI: 549300US8QAZJLWYAF63 | Long             | EC               | CORP              | US        |      3288 | NS      | $1307111.52   | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| TIMKEN CO                      | Timken Company                                               | CUSIP: 887389104<br>LEI: B0I35MLPFXZSE70ASS73 | Long             | EC               | CORP              | US        |     20107 | NS      | $1578600.57   | 1.11%             |  |  |  | No            |                  1 | On Loan: No      |
| SCHNEIDER NATL INC WIS         | Schneider National, Inc.                                     | CUSIP: 80689H102<br>LEI: 529900V6GZ6G6E3BLV72 | Long             | EC               | CORP              | US        |     96680 | NS      | $2066051.60   | 1.45%             |  |  |  | No            |                  1 | On Loan: No      |
| ALLY FINL INC                  | Ally Financial, Inc.                                         | CUSIP: 02005N100<br>LEI: 549300JBN1OSM8YNAI90 | Long             | EC               | CORP              | US        |     56128 | NS      | $2187308.16   | 1.54%             |  |  |  | No            |                  1 | On Loan: No      |
| RLI CORP                       | RLI Corporation                                              | CUSIP: 749607107<br>LEI: 529900AMTJE5ECN9PS55 | Long             | EC               | CORP              | US        |     28119 | NS      | $1657896.24   | 1.16%             |  |  |  | No            |                  1 | On Loan: No      |
| BLACK HILLS CORP               | Black Hills Corporation                                      | CUSIP: 092113109<br>LEI: 3MGELCRSTNSAMJ962671 | Long             | EC               | CORP              | US        |     50279 | NS      | $3189196.97   | 2.24%             |  |  |  | No            |                  1 | On Loan: No      |
| UMB FINL CORP                  | UMB Financial Corporation                                    | CUSIP: 902788108<br>LEI: 549300MGEH3N3CUCV828 | Long             | EC               | CORP              | US        |     31468 | NS      | $3363299.84   | 2.36%             |  |  |  | No            |                  1 | On Loan: No      |
| PRIMO BRANDS CORP              | Primo Brands Corporation                                     | CUSIP: 741623102<br>LEI: 254900J0WS4AXV2LAX55 | Long             | EC               | CORP              | US        |    120383 | NS      | $2644814.51   | 1.86%             |  |  |  | No            |                  1 | On Loan: No      |
| ESSENT GROUP LTD               | Essent Group, Ltd.                                           | CUSIP: G3198U102<br>LEI: 254900QUO860OUT6ZF83 | Long             | EC               | CORP              | BM        |     36115 | NS      | $2187485.55   | 1.54%             |  |  |  | No            |                  1 | On Loan: No      |
| MKS INC                        | MKS, Inc.                                                    | CUSIP: 55306N104<br>LEI: 549300KEQATBHAGVF505 | Long             | EC               | CORP              | US        |     26205 | NS      | $3765920.55   | 2.64%             |  |  |  | No            |                  1 | On Loan: No      |
| BEL FUSE INC                   | Bel Fuse, Inc.                                               | CUSIP: 077347300<br>LEI: 2549009L4XYDBRRY6X39 | Long             | EC               | CORP              | US        |     19887 | NS      | $3062399.13   | 2.15%             |  |  |  | No            |                  1 | On Loan: No      |
| CADENCE BK                     | Cadence Bank                                                 | CUSIP: 12740C103<br>LEI: Q7C315HKI8VX0SSKBS64 | Long             | EC               | CORP              | US        |     66562 | NS      | $2512049.88   | 1.76%             |  |  |  | No            |                  1 | On Loan: No      |
| HOULIHAN LOKEY INC             | Houlihan Lokey, Inc.                                         | CUSIP: 441593100<br>LEI: 549300S3CNGTQ1QZVY46 | Long             | EC               | CORP              | US        |      7265 | NS      | $1301016.20   | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| ASHLAND INC                    | Ashland, Inc.                                                | CUSIP: 044186104<br>LEI: 529900E4L9R04SB8HB11 | Long             | EC               | CORP              | US        |     45666 | NS      | $2233067.40   | 1.57%             |  |  |  | No            |                  1 | On Loan: No      |
| AGREE RLTY CORP                | Agree Realty Corporation                                     | CUSIP: 008492100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     21293 | NS      | $1554601.93   | 1.09%             |  |  |  | No            |                  1 | On Loan: No      |
| GATES INDL CORP PLC            | Gates Industrial Corporation plc                             | CUSIP: G39108108<br>LEI: 549300S6K4FWUSB9KM27 | Long             | EC               | CORP              | GB        |    111119 | NS      | $2453507.52   | 1.72%             |  |  |  | No            |                  1 | On Loan: No      |
| ENTERPRISE FINL SVCS CORP      | Enterprise Financial Services Corporation                    | CUSIP: 293712105<br>LEI: 5493001XTU5DLD632129 | Long             | EC               | CORP              | US        |     49841 | NS      | $2610173.17   | 1.83%             |  |  |  | No            |                  1 | On Loan: No      |
| ASBURY AUTOMOTIVE GROUP INC    | Asbury Automotive Group, Inc.                                | CUSIP: 043436104<br>LEI: 549300JH4DTA7U42GL91 | Long             | EC               | CORP              | US        |      6290 | NS      | $1475634.00   | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| ENOVIS CORP                    | Enovis Corporation                                           | CUSIP: 194014502<br>LEI: 635400OP2DYYYMOIYL17 | Long             | EC               | CORP              | US        |     56772 | NS      | $1773557.28   | 1.24%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-11-26

**Name of Applicant:** Thrivent Core Funds

**Signature:** Sarah L. Bergstrom

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

**Title:** Treasurer and Principal Accounting Officer