# EDGAR Filing Document

**Accession Number:** 0000793347
**File Stem:** 0001099263-25-003615
**Filing Date:** 2025-11
**Character Count:** 99543
**Document Hash:** 74bd9a3dbc9a50980863115f1e72042e
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001099263-25-003615.hdr.sgml**: 20251125

**ACCESSION NUMBER**: 0001099263-25-003615

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251125

**DATE AS OF CHANGE**: 20251125

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** T. Rowe Price Capital Appreciation Fund, Inc.
- **CENTRAL INDEX KEY:** 0000793347

**ORGANIZATION NAME:**
- **EIN:** 521465786
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-04519
- **FILM NUMBER:** 251521885

**BUSINESS ADDRESS:**
- **STREET 1:** 1307 POINT STREET
- **CITY:** BALTIMORE
- **STATE:** MD
- **ZIP:** 21231
- **BUSINESS PHONE:** 410-345-2000

**MAIL ADDRESS:**
- **STREET 1:** 1307 POINT STREET
- **CITY:** BALTIMORE
- **STATE:** MD
- **ZIP:** 21231

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** T. Rowe Price Capital Appreciation Fund
- **DATE OF NAME CHANGE:** 20051018

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PRICE T ROWE CAPITAL APPRECIATION FUND
- **DATE OF NAME CHANGE:** 19920703

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PRICE T ROWE CAPITAL ADVANTAGE FUND
- **DATE OF NAME CHANGE:** 19860629

## Series and Classes Contracts Data

### T. Rowe Price Capital Appreciation Fund (Series ID: S000002070)

| Class ID   | Class Name                                            | Ticker Symbol   |
|:---|:---|:---|
| C000005427 | T. Rowe Price Capital Appreciation Fund               | PRWCX           |
| C000005428 | T. Rowe Price Capital Appreciation Fund-Advisor Class | PACLX           |
| C000166317 | T. Rowe Price Capital Appreciation Fund-I Class       | TRAIX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** T. ROWE PRICE CAPITAL APPRECIATION FUND, INC.

- **b. Investment Company Act file number:** 811-04519

- **c. CIK number of Registrant:** 0000793347

- **d. LEI of Registrant:** 549300KKOU6DV2L9SH58

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

  - **Street Address 1:** 1307 Point Street

  - **City:** Baltimore

  - **State:** MD

  - **Foreign country:** US

  - **Zip / Postal Code:** 21231

  - **Telephone number:** 410-345-2000

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

- **a. Name of Series:** T. Rowe Price Capital Appreciation Fund

- **b. EDGAR series identifier (if any):** S000002070

- **c. LEI of Series:** CH1EX8QIXZ08475WNI76

**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:** $70579756546.44

**Total Liabilities:** $317479587.81

**Net Assets:** $70262276958.63

**Assets Attributable to Miscellaneous Securities:** $2354387972.12

**Cash Not Reported:** $27971771.67

**Currency Risk Metrics (dv01):**

- 

**Credit Spread Risk - Investment Grade (dv01):**

- **3-Month:** 0.000000 | **1-Year:** -8085.231382 | **5-Year:** -130817.864732 | **10-Year:** -78968.414831 | **30-Year:** -4927.333071

**Credit Spread Risk - Non-Investment Grade (dv01):**

- **3-Month:** -903.550540 | **1-Year:** -543629.668919 | **5-Year:** -2750424.574476 | **10-Year:** -327061.824292 | **30-Year:** -183188.084878

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000005427 | 2.36%                | 0.40%                | 1.22%                |
| Class ID C000005428 | 2.32%                | 0.41%                | 1.19%                |
| Class ID C000166317 | 2.34%                | 0.42%                | 1.24%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $486089301.20            | $1020113668.45                             |
| Month 2  | $541929377.00            | $-359891179.19                             |
| Month 3  | $928107706.98            | $-164703018.44                             |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| APPLE INC                                      | AAPL US 01/16/26 C235                                                          | CUSIP: 000000000<br>LEI: HWUPKR0MPOU8FGXBT394 | N/A              | DE               | CORP              | US        |      -3447 | NC      | $-9651600.00   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| APPLE INC                                      | AAPL US 01/16/26 C245                                                          | CUSIP: 000000000<br>LEI: HWUPKR0MPOU8FGXBT394 | N/A              | DE               | CORP              | US        |      -3447 | NC      | $-7178377.50   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| ABBOTT LABORATORIES                            | ABBOTT LABORATORIES                                                            | CUSIP: 002824100<br>LEI: HQD377W2YR662HK5JX27 | Long             | EC               | CORP              | US        |   11420148 | NS      | $1529614623.12 | 2.18%             |  |  |  | No            |                  1 | On Loan: No      |
| ABBOTT LABORATORIES                            | ABT US 01/16/26 C130                                                           | CUSIP: 000000000<br>LEI: HQD377W2YR662HK5JX27 | N/A              | DE               | CORP              | US        |      -6176 | NC      | $-5728240.00   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| ABBOTT LABORATORIES                            | ABT US 01/16/26 C140                                                           | CUSIP: 000000000<br>LEI: HQD377W2YR662HK5JX27 | N/A              | DE               | CORP              | US        |      -3447 | NC      | $-1413270.00   | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| ABBOTT LABORATORIES                            | ABT US 01/16/26 C145                                                           | CUSIP: 000000000<br>LEI: HQD377W2YR662HK5JX27 | N/A              | DE               | CORP              | US        |      -3080 | NC      | $-746900.00    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| ADVANCED MICRO DEVICES                         | ADVANCED MICRO DEVICES INC                                                     | CUSIP: 007903107<br>LEI: R2I72C950HOYXII45366 | Long             | EC               | CORP              | US        |    6329615 | NS      | $1024068410.85 | 1.46%             |  |  |  | No            |                  1 | On Loan: No      |
| AH PARENT,INC. SER A PREFERRED SHARES PP       | AH PARENT,INC. SER A PREFERRED SHARES PP                                       | CUSIP: TC3I9NQ04<br>LEI: N/A                  | Long             | EP               | CORP              | US        |     142534 | NS      | $143001511.52  | 0.20%             |  |  |  | Yes           |                  3 | On Loan: No      |
| ALPHABET INC CL A                              | ALPHABET INC                                                                   | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |    5895296 | NS      | $1433146457.60 | 2.04%             |  |  |  | No            |                  1 | On Loan: No      |
| AMAZON.COM INC                                 | AMAZON.COM INC                                                                 | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |   13190231 | NS      | $2896179020.67 | 4.12%             |  |  |  | No            |                  1 | On Loan: No      |
| ADVANCED MICRO DEVICES                         | AMD US 01/16/26 C175                                                           | CUSIP: 000000000<br>LEI: R2I72C950HOYXII45366 | N/A              | DE               | CORP              | US        |      -3447 | NC      | $-4265662.50   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| ADVANCED MICRO DEVICES                         | AMD US 01/16/26 C180                                                           | CUSIP: 000000000<br>LEI: R2I72C950HOYXII45366 | N/A              | DE               | CORP              | US        |      -3447 | NC      | $-3705525.00   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| AMEREN CORPORATION                             | AMEREN CORP                                                                    | CUSIP: 023608102<br>LEI: XRZQ5S7HYJFPHJ78L959 | Long             | EC               | CORP              | US        |    9661304 | NS      | $1008446911.52 | 1.44%             |  |  |  | No            |                  1 | On Loan: No      |
| AMPHENOL CORP-CL A                             | AMPHENOL CORP                                                                  | CUSIP: 032095101<br>LEI: 549300D3L3G0R4U4VT04 | Long             | EC               | CORP              | US        |    3986910 | NS      | $493380112.50  | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| AMWINS GROUP INC TL 1L BANKDEBT                | AMWINS GROUP INC                                                               | CUSIP: 03234TBA5<br>LEI: 549300SJE7MUB8NMRG61 | Long             | LON              | CORP              | US        |  380742907 | PA      | $380491616.89  | 0.54%             | 2032-01-30      | Floating      | 6.25%                 | No            |                  2 | On Loan: No      |
| AMWINS GROUP INC 144A                          | AMWINS GROUP INC                                                               | CUSIP: 031921AC3<br>LEI: 549300SJE7MUB8NMRG61 | Long             | DBT              | CORP              | US        |   38945000 | PA      | $39626537.50   | 0.06%             | 2029-02-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| AMAZON.COM INC                                 | AMZN US 01/16/26 C250                                                          | CUSIP: 000000000<br>LEI: ZXTILKJKG63JELOEG630 | N/A              | DE               | CORP              | US        |      -3447 | NC      | $-1982025.00   | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| AMAZON.COM INC                                 | AMZN US 01/16/26 C260                                                          | CUSIP: 000000000<br>LEI: ZXTILKJKG63JELOEG630 | N/A              | DE               | CORP              | US        |      -3447 | NC      | $-1344330.00   | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Anthropic PBC SER F-1 CVT PFD PP               | ANTHROPIC PBC SER F-1 CVT PFD PP                                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | EP               | CORP              | US        |    1226347 | NS      | $172875193.36  | 0.25%             |  |  |  | Yes           |                  3 | On Loan: No      |
| AMPHENOL CORP                                  | APH US 01/16/26 C115                                                           | CUSIP: 000000000<br>LEI: 549300D3L3G0R4U4VT04 | N/A              | DE               | CORP              | US        |      -1992 | NC      | $-3117480.00   | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| AMPHENOL CORP                                  | APH US 01/16/26 C120                                                           | CUSIP: 000000000<br>LEI: 549300D3L3G0R4U4VT04 | N/A              | DE               | CORP              | US        |      -1992 | NC      | $-2499960.00   | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| APPLE INC                                      | APPLE INC                                                                      | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |   12059236 | NS      | $3070643262.68 | 4.37%             |  |  |  | No            |                  1 | On Loan: No      |
| APPLIED SYSTEMS INC TL 2L BANKDEBT             | APPLIED SYSTEMS INC                                                            | CUSIP: 03827FBC4<br>LEI: 549300NSKGF0SY5SWQ62 | Long             | LON              | CORP              | US        |  107743360 | PA      | $110055532.51  | 0.16%             | 2032-02-23      | Floating      | 8.50%                 | No            |                  2 | On Loan: No      |
| APPLIED SYSTEMS INC TL B2 1L USD BANKDEBT      | APPLIED SYSTEMS INC                                                            | CUSIP: 03827FBD2<br>LEI: 549300NSKGF0SY5SWQ62 | Long             | LON              | CORP              | US        |  861212992 | PA      | $861454131.93  | 1.23%             | 2031-02-24      | Floating      | 6.25%                 | No            |                  2 | On Loan: No      |
| ARCELLX INC                                    | ARCELLX INC                                                                    | CUSIP: 03940C100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    1316095 | NS      | $108051399.50  | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| ARTHUR J GALLAGHER & CO                        | ARTHUR J GALLAGHER & CO                                                        | CUSIP: 363576109<br>LEI: 54930049QLLMPART6V29 | Long             | EC               | CORP              | US        |    1460635 | NS      | $452417084.90  | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| ASCEND LEARNING TL B 1L BANKDEBT               | ASCEND LEARNING LLC                                                            | CUSIP: 04349HAN4<br>LEI: 549300T466HKRLVCD610 | Long             | LON              | CORP              | US        |  163188828 | PA      | $162950571.81  | 0.23%             | 2028-12-11      | Floating      | 7.16%                 | No            |                  2 | On Loan: No      |
| ATHENAHEALTH TL B 1L BANKDEBT                  | ATHENAHEALTH GROUP INC                                                         | CUSIP: 04686RAB9<br>LEI: 254900AA3KZN4Q7A5Z33 | Long             | LON              | CORP              | US        |   94224510 | PA      | $93988948.72   | 0.13%             | 2029-02-15      | Floating      | 6.91%                 | No            |                  2 | On Loan: No      |
| AURORA INNOVATION INC                          | AURORA INNOVATION INC                                                          | CUSIP: 051774107<br>LEI: 984500AB2E0D9F7D9D76 | Long             | EC               | CORP              | US        |  151304721 | NS      | $815532446.19  | 1.16%             |  |  |  | No            |                  1 | On Loan: No      |
| AVANTOR FUNDING INC 144A                       | AVANTOR FUNDING INC                                                            | CUSIP: 05352TAB5<br>LEI: 5493003VM0XB4U8YD238 | Long             | DBT              | CORP              | US        |   86248000 | PA      | $81827790.00   | 0.12%             | 2029-11-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| AVANTOR FUNDING INC 144A                       | AVANTOR FUNDING INC                                                            | CUSIP: 05352TAA7<br>LEI: 5493003VM0XB4U8YD238 | Long             | DBT              | CORP              | US        |   68817000 | PA      | $67698723.75   | 0.10%             | 2028-07-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| PRESS GANEY TL B 1L BANKDEBT                   | AZALEA TOPCO INC                                                               | CUSIP: 05477JAE1<br>LEI: 549300HC42NZULO53062 | Long             | LON              | CORP              | US        |   20743790 | PA      | $20679069.47   | 0.03%             | 2031-04-30      | Floating      | 7.16%                 | No            |                  2 | On Loan: No      |
| BECTON DICKINSON AND CO                        | BECTON DICKINSON & CO                                                          | CUSIP: 075887109<br>LEI: ICE2EP6D98PQUILVRZ91 | Long             | EC               | CORP              | US        |   10487856 | NS      | $1963012007.52 | 2.79%             |  |  |  | No            |                  1 | On Loan: No      |
| BIONTECH SE-ADR                                | BIONTECH SE                                                                    | CUSIP: 09075V102<br>LEI: 894500UZJ5LG1F8J1U58 | Long             | EC               | CORP              | DE        |    1716972 | NS      | $169327778.64  | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| BOOZ ALLEN HAMILTON INC 144A                   | BOOZ ALLEN HAMILTON INC                                                        | CUSIP: 09951LAB9<br>LEI: 549300D7XCH2480XU542 | Long             | DBT              | CORP              | US        |   23437000 | PA      | $22872894.85   | 0.03%             | 2029-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BOOZ ALLEN HAMILTON INC                        | BOOZ ALLEN HAMILTON INC                                                        | CUSIP: 09951LAC7<br>LEI: 549300D7XCH2480XU542 | Long             | DBT              | CORP              | US        |   34614000 | PA      | $36235354.37   | 0.05%             | 2033-08-04      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| BROADCOM INC                                   | BROADCOM INC                                                                   | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |    1965221 | NS      | $648346060.11  | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| BROADSTREET PARTNERS INC 144A                  | BROADSTREET PARTNERS GROUP LLC                                                 | CUSIP: 11135RAA3<br>LEI: 549300BS9N54G8DD0R75 | Long             | DBT              | CORP              | US        |   94483000 | PA      | $93892481.25   | 0.13%             | 2029-04-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| BROADSTREET PARTNERS INC TL B4 1L USD BANKDEBT | BROADSTREET PARTNERS INC                                                       | CUSIP: 11132VAY5<br>LEI: 549300BS9N54G8DD0R75 | Long             | LON              | CORP              | US        |  416459306 | PA      | $416788308.80  | 0.59%             | 2031-06-16      | Floating      | 6.91%                 | No            |                  2 | On Loan: No      |
| CANADIAN NATURAL RESOURCES                     | CANADIAN NATURAL RESOURCES LTD                                                 | CUSIP: 136385101<br>LEI: 549300T15RIMIKZC5Q38 | Long             | EC               | CORP              | CA        |   26105529 | NS      | $834332706.84  | 1.19%             |  |  |  | No            |                  1 | On Loan: No      |
| CAPSTONE BORROWER INC 144A                     | CAPSTONE BORROWER INC                                                          | CUSIP: 140944AA7<br>LEI: 254900YSP2BAI3YKIX08 | Long             | DBT              | CORP              | US        |   30351000 | PA      | $31640917.50   | 0.05%             | 2030-06-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| CCC INTELLIGENT SLTN TL B 1L BANKDEBT          | CCC INTELLIGENT SOLUTION                                                       | CUSIP: 12511BAC6<br>LEI: 5493006JEEL9RIWY5T17 | Long             | LON              | CORP              | US        |   56343466 | PA      | $56255570.14   | 0.08%             | 2032-01-23      | Floating      | 6.16%                 | No            |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP 144A                    | CCO HOLDINGS LLC / CCO HOLDINGS CAPITAL CORP                                   | CUSIP: 1248EPBT9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  116024000 | PA      | $115153820.00  | 0.16%             | 2027-05-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| CENCORA INC                                    | CENCORA INC                                                                    | CUSIP: 03073E105<br>LEI: AI8GXW8LG5WK7E9UD086 | Long             | EC               | CORP              | US        |    1628541 | NS      | $508967918.73  | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| CENTERPOINT ENERGY INC                         | CENTERPOINT ENERGY INC                                                         | CUSIP: 15189T107<br>LEI: 21TPXMRRHFKOBHDC8J74 | Long             | EC               | CORP              | US        |   32265427 | NS      | $1251898567.60 | 1.78%             |  |  |  | No            |                  1 | On Loan: No      |
| CHIPOTLE MEXICAN GRILL INC                     | CHIPOTLE MEXICAN GRILL INC                                                     | CUSIP: 169656105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   12799420 | NS      | $501609269.80  | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| CIGNA GROUP/THE                                | CI US 01/16/26 C330                                                            | CUSIP: 000000000<br>LEI: 549300VIWYMSIGT1U456 | N/A              | DE               | CORP              | US        |      -1379 | NC      | $-710185.00    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| CIGNA GROUP/THE                                | CIGNA GROUP/THE                                                                | CUSIP: 125523100<br>LEI: 549300VIWYMSIGT1U456 | Long             | EC               | CORP              | US        |    2387256 | NS      | $688126542.00  | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| CMS ENERGY CORP PFD 10/78 5.875%               | CMS ENERGY CORP                                                                | CUSIP: 125896852<br>LEI: 549300IA9XFBAGNIBW29 | Long             | EP               | CORP              | US        |     158323 | NS      | $3764920.94    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| CENTERPOINT ENERGY INC                         | CNP US 12/19/25 C35                                                            | CUSIP: 000000000<br>LEI: 2JADVB0458J06WCD4N56 | N/A              | DE               | CORP              | US        |     -16378 | NC      | $-7124430.00   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| CANADIAN NATL RESOURCES                        | CNQ US 01/16/26 C65                                                            | CUSIP: 000000000<br>LEI: 549300T15RIMIKZC5Q38 | N/A              | DE               | CORP              | US        |     -10342 | NC      | $-1835705.00   | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| CANADIAN NATL RESOURCES                        | CNQ US 01/16/26 C70                                                            | CUSIP: 000000000<br>LEI: 549300T15RIMIKZC5Q38 | N/A              | DE               | CORP              | US        |     -10342 | NC      | $-801505.00    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| CENCORA INC                                    | COR US 01/16/26 C260                                                           | CUSIP: 000000000<br>LEI: AI8GXW8LG5WK7E9UD086 | N/A              | DE               | CORP              | US        |      -2058 | NC      | $-11833500.00  | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| CENCORA INC                                    | COR US 01/16/26 C270                                                           | CUSIP: 000000000<br>LEI: AI8GXW8LG5WK7E9UD086 | N/A              | DE               | CORP              | US        |      -1598 | NC      | $-7790250.00   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| CPI HOLDCO B TL B 1L BANKDEBT                  | CPI HOLDCO B LLC                                                               | CUSIP: 1261MAAB6<br>LEI: N/A                  | Long             | LON              | CORP              | US        |  129509955 | PA      | $129348067.22  | 0.18%             | 2031-05-19      | Floating      | 6.16%                 | No            |                  2 | On Loan: No      |
| SALESFORCE INC                                 | CRM US 01/16/26 C290                                                           | CUSIP: 000000000<br>LEI: RCGZFPDMRW58VJ54VR07 | N/A              | DE               | CORP              | US        |       -785 | NC      | $-370912.50    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| SALESFORCE INC                                 | CRM US 01/16/26 C300                                                           | CUSIP: 000000000<br>LEI: RCGZFPDMRW58VJ54VR07 | N/A              | DE               | CORP              | US        |       -785 | NC      | $-282600.00    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| CROWDSTRIKE HOLDINGS INC                       | CROWDSTRIKE HOLDINGS INC                                                       | CUSIP: 22788CAA3<br>LEI: 549300YBY08K9KM4HX32 | Long             | DBT              | CORP              | US        |    5722000 | PA      | $5450205.00    | 0.01%             | 2029-02-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| CYTOKINETICS INC                               | CYTOKINETICS INC                                                               | CUSIP: 23282W605<br>LEI: 549300BE5DY1HW7IHA64 | Long             | EC               | CORP              | US        |    2437169 | NS      | $133946808.24  | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| DANAHER CORP                                   | DANAHER CORP                                                                   | CUSIP: 235851102<br>LEI: S4BKK9OTCEWQ3YHPFM11 | Long             | EC               | CORP              | US        |    3999325 | NS      | $792906174.50  | 1.13%             |  |  |  | No            |                  1 | On Loan: No      |
| DANAHER CORP                                   | DHR US 01/16/26 C220                                                           | CUSIP: 000000000<br>LEI: S4BKK9OTCEWQ3YHPFM11 | N/A              | DE               | CORP              | US        |      -2758 | NC      | $-1641010.00   | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| DANAHER CORP                                   | DHR US 01/16/26 C330                                                           | CUSIP: 000000000<br>LEI: S4BKK9OTCEWQ3YHPFM11 | N/A              | DE               | CORP              | US        |      -3437 | NC      | $-369477.50    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| DPABS 2017-1A A23 144A                         | DOMINO'S PIZZA MASTER ISSUER LLC                                               | CUSIP: 25755TAH3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   22249988 | PA      | $22102090.10   | 0.03%             | 2047-07-25      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| DPABS 2019-1A A2 144A                          | DOMINO'S PIZZA MASTER ISSUER LLC                                               | CUSIP: 25755TAL4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   17777472 | PA      | $17100169.87   | 0.02%             | 2049-10-25      | Fixed         | 3.67%                 | No            |                  2 | On Loan: No      |
| DTE ENERGY COMPANY                             | DTE ENERGY CO                                                                  | CUSIP: 233331107<br>LEI: 549300IX8SD6XXD71I78 | Long             | EC               | CORP              | US        |    3772264 | NS      | $533511297.52  | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| DTE ENERGY CO                                  | DTE US 01/16/26 C145                                                           | CUSIP: 000000000<br>LEI: 549300IX8SD6XXD71I78 | N/A              | DE               | CORP              | US        |      -5377 | NC      | $-2016375.00   | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| ELI LILLY & CO                                 | ELI LILLY & CO                                                                 | CUSIP: 532457108<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | EC               | CORP              | US        |     657662 | NS      | $501796106.00  | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| ELLUCIAN HOLDINGS INC TL B 1L BANKDEBT         | ELLUCIAN HOLDINGS INC                                                          | CUSIP: 28917XAB6<br>LEI: 549300RP8NIJ7FY7OS79 | Long             | LON              | CORP              | US        |  136308738 | PA      | $136224226.82  | 0.19%             | 2029-10-09      | Floating      | 6.91%                 | No            |                  2 | On Loan: No      |
| ELLUCIAN HOLDINGS INC 144A                     | ELLUCIAN HOLDINGS INC                                                          | CUSIP: 289178AA3<br>LEI: 549300RP8NIJ7FY7OS79 | Long             | DBT              | CORP              | US        |   44662000 | PA      | $45443585.00   | 0.06%             | 2029-12-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| EPICOR SOFTWARE CORP TL B 1L BANKDEBT          | EPICOR SOFTWARE CORP                                                           | CUSIP: 29426NAZ7<br>LEI: JGNXVGGGXR4O1L5I7S73 | Long             | LON              | CORP              | US        |  106851172 | PA      | $106933447.47  | 0.15%             | 2031-05-30      | Floating      | 6.66%                 | No            |                  2 | On Loan: No      |
| ETHOS LP DBA BROADSTREET STR PP                | ETHOS LP DBA BROADSTREET STR PP                                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |  578072525 | NS      | $578072525.00  | 0.82%             |  |  |  | Yes           |                  3 | On Loan: No      |
| FAIR ISAAC CORP 144A                           | FAIR ISAAC CORP                                                                | CUSIP: 303250AG9<br>LEI: RI6HET5SJUEY30V1PS26 | Long             | DBT              | CORP              | US        |   46755000 | PA      | $47339437.50   | 0.07%             | 2033-05-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FILTRATION GROUP TL B 1L BANKDEBT              | FILTRATION GROUP CORP                                                          | CUSIP: 31732FAX4<br>LEI: 549300ZA0D9WN5ECE978 | Long             | LON              | CORP              | US        |  333416192 | PA      | $334666502.81  | 0.48%             | 2028-10-23      | Floating      | 6.91%                 | No            |                  2 | On Loan: No      |
| FILTRATION GROUP INC TL 1L EUR BANKDEBT        | FILTRATION GROUP CORP                                                          | CUSIP: 31732FAW6<br>LEI: 549300ZA0D9WN5ECE978 | Long             | LON              | CORP              | US        |   65339526 | PA      | $77335537.81   | 0.11%             | 2028-10-21      | Floating      | 5.41%                 | No            |                  2 | On Loan: No      |
| GE HEALTHCARE TECHNOLOGIES INC                 | GE HEALTHCARE TECHNOLOGIES INC                                                 | CUSIP: 36266G107<br>LEI: 549300OI9J7XOWZMUN85 | Long             | EC               | CORP              | US        |     720800 | NS      | $54132080.00   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| GE HEALTHCARE TECHNOLOGIES INC                 | GEHC US 01/16/26 C100                                                          | CUSIP: 000000000<br>LEI: 549300OI9J7XOWZMUN85 | N/A              | DE               | CORP              | US        |      -3431 | NC      | $-180127.50    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| GE HEALTHCARE TECHNOLOGIES INC                 | GEHC US 01/16/26 C97.5                                                         | CUSIP: 000000000<br>LEI: 549300OI9J7XOWZMUN85 | N/A              | DE               | CORP              | US        |      -3777 | NC      | $-66097.50     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| ALPHABET INC                                   | GOOGL US 01/16/26 C205                                                         | CUSIP: 000000000<br>LEI: 5493006MHB84DD0ZWV18 | N/A              | DE               | CORP              | US        |      -3448 | NC      | $-15352220.00  | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| ALPHABET INC                                   | GOOGL US 01/16/26 C215                                                         | CUSIP: 000000000<br>LEI: 5493006MHB84DD0ZWV18 | N/A              | DE               | CORP              | US        |      -3448 | NC      | $-12731740.00  | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| HILTON WORLDWIDE FIN TL B 1L BANKDEBT          | HILTON DOMESTIC OPERATIN                                                       | CUSIP: 43289D9A3<br>LEI: 5493003EG7H0N1E4XV50 | Long             | LON              | CORP              | US        |  212355459 | PA      | $212491366.66  | 0.30%             | 2030-11-08      | Floating      | 5.91%                 | No            |                  2 | On Loan: No      |
| HILTON DOMESTIC OPERATIN 144A                  | HILTON DOMESTIC OPERATING CO INC                                               | CUSIP: 432833AJ0<br>LEI: 5493003EG7H0N1E4XV50 | Long             | DBT              | CORP              | US        |   93694000 | PA      | $90180475.00   | 0.13%             | 2029-05-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| HILTON DOMESTIC OPERATIN                       | HILTON DOMESTIC OPERATING CO INC                                               | CUSIP: 432833AF8<br>LEI: 5493003EG7H0N1E4XV50 | Long             | DBT              | CORP              | US        |   85067000 | PA      | $84641665.00   | 0.12%             | 2030-01-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| HILTON DOMESTIC OPERATIN 144A                  | HILTON DOMESTIC OPERATING CO INC                                               | CUSIP: 432833AH4<br>LEI: 5493003EG7H0N1E4XV50 | Long             | DBT              | CORP              | US        |  110436000 | PA      | $110297955.00  | 0.16%             | 2028-05-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| HILTON DOMESTIC OPERATIN 144A                  | HILTON DOMESTIC OPERATING CO INC                                               | CUSIP: 432833AS0<br>LEI: 5493003EG7H0N1E4XV50 | Long             | DBT              | CORP              | US        |   81115000 | PA      | $81926150.00   | 0.12%             | 2033-09-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| HILTON DOMESTIC OPERATIN 144A                  | HILTON DOMESTIC OPERATING CO INC                                               | CUSIP: 432833AL5<br>LEI: 5493003EG7H0N1E4XV50 | Long             | DBT              | CORP              | US        |  138883000 | PA      | $131244435.00  | 0.19%             | 2031-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| HILTON DOMESTIC OPERATIN 144A                  | HILTON DOMESTIC OPERATING CO INC                                               | CUSIP: 432833AN1<br>LEI: 5493003EG7H0N1E4XV50 | Long             | DBT              | CORP              | US        |  114947000 | PA      | $104745453.75  | 0.15%             | 2032-02-15      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| HILTON DOMESTIC OPERATIN 144A                  | HILTON DOMESTIC OPERATING CO INC                                               | CUSIP: 432833AP6<br>LEI: 5493003EG7H0N1E4XV50 | Long             | DBT              | CORP              | US        |   45179000 | PA      | $46082580.00   | 0.07%             | 2029-04-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| HILTON WORLDWIDE FIN LLC                       | HILTON WORLDWIDE FINANCE LLC / HILTON WORLDWIDE FINANCE CORP                   | CUSIP: 432891AK5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   38607000 | PA      | $38462223.75   | 0.05%             | 2027-04-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| HOCKEY PARENT DBA HUB INTL A UNITS PP          | HOCKEY PARENT HLDS DBA HUB INTL UNITS PP                                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     552165 | NS      | $743766595.79  | 1.06%             |  |  |  | Yes           |                  3 | On Loan: No      |
| HOLOGIC INC                                    | HOLOGIC INC                                                                    | CUSIP: 436440101<br>LEI: 549300DYP6F5ZJL0LB74 | Long             | EC               | CORP              | US        |    1915570 | NS      | $129281819.30  | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| HOLOGIC INC 144A                               | HOLOGIC INC                                                                    | CUSIP: 436440AP6<br>LEI: 549300DYP6F5ZJL0LB74 | Long             | DBT              | CORP              | US        |   26768000 | PA      | $25831120.00   | 0.04%             | 2029-02-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| HUB INTERNATIONAL LTD 144A                     | HUB INTERNATIONAL LTD                                                          | CUSIP: 44332PAH4<br>LEI: 549300JQT6ATTUNS5E06 | Long             | DBT              | CORP              | US        |  612994000 | PA      | $637513760.00  | 0.91%             | 2030-06-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| HUB INTERNATIONAL LTD TL B 1L BANKDEBT         | HUB INTERNATIONAL LTD                                                          | CUSIP: 44332EAZ9<br>LEI: 549300JQT6ATTUNS5E06 | Long             | LON              | CORP              | US        |  809175065 | PA      | $810162258.47  | 1.15%             | 2030-06-20      | Floating      | 6.58%                 | No            |                  2 | On Loan: No      |
| HUB INTERNATIONAL LTD 144A                     | HUB INTERNATIONAL LTD                                                          | CUSIP: 44332PAJ0<br>LEI: 549300JQT6ATTUNS5E06 | Long             | DBT              | CORP              | US        |  327386000 | PA      | $339662975.00  | 0.48%             | 2032-01-31      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| HUB INTERNATIONAL LTD 144A                     | HUB INTERNATIONAL LTD                                                          | CUSIP: 44332PAG6<br>LEI: 549300JQT6ATTUNS5E06 | Long             | DBT              | CORP              | US        |   51643000 | PA      | $51513892.50   | 0.07%             | 2029-12-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| iCapital Inc Common Stock PP                   | ICAPITAL INC COMMON STOCK PP                                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    7057619 | NS      | $98804548.71   | 0.14%             |  |  |  | Yes           |                  3 | On Loan: No      |
| INSTRUCTURE TL B 2L BANKDEBT                   | ICON PARENT INC                                                                | CUSIP: 45115MAB4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   56930700 | PA      | $57553521.86   | 0.08%             | 2032-11-12      | Floating      | 9.21%                 | No            |                  2 | On Loan: No      |
| INSTRUCTURE TL B 1L BANKDEBT                   | ICON PARENT INC                                                                | CUSIP: 45115DAC2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |  178844634 | PA      | $178537020.98  | 0.25%             | 2031-11-13      | Floating      | 6.75%                 | No            |                  2 | On Loan: No      |
| INFORMATICA TL B 1L BANKDEBT                   | INFORMATICA LLC                                                                | CUSIP: 45673YAL0<br>LEI: 5493007SV33RZV7RPS40 | Long             | LON              | CORP              | US        |   53855815 | PA      | $53923134.52   | 0.08%             | 2028-10-27      | Floating      | 6.41%                 | No            |                  2 | On Loan: No      |
| INGERSOLL-RAND INC                             | INGERSOLL RAND INC                                                             | CUSIP: 45687V106<br>LEI: 5299004C02FMZCUOIR50 | Long             | EC               | CORP              | US        |    5603768 | NS      | $462983312.16  | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| INTUIT INC                                     | INTU US 01/16/26 C840                                                          | CUSIP: 000000000<br>LEI: VI90HBPH7XSFMB9E4M29 | N/A              | DE               | CORP              | US        |       -690 | NC      | $-327750.00    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| INTUIT INC                                     | INTU US 01/16/26 C860                                                          | CUSIP: 000000000<br>LEI: VI90HBPH7XSFMB9E4M29 | N/A              | DE               | CORP              | US        |       -690 | NC      | $-251850.00    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| INTUIT INC                                     | INTUIT INC                                                                     | CUSIP: 461202103<br>LEI: VI90HBPH7XSFMB9E4M29 | Long             | EC               | CORP              | US        |     235092 | NS      | $160546677.72  | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| IONIS PHARMACEUTICALS INC                      | IONIS PHARMACEUTICALS INC                                                      | CUSIP: 462222100<br>LEI: 549300SI4ZGLG0BLUZ92 | Long             | EC               | CORP              | US        |     729378 | NS      | $47715908.76   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| IQVIA INC 144A                                 | IQVIA INC                                                                      | CUSIP: 46266TAA6<br>LEI: 549300PLWY28YB00C717 | Long             | DBT              | CORP              | US        |   42949000 | PA      | $42841627.50   | 0.06%             | 2027-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| IQVIA INC 144A                                 | IQVIA INC                                                                      | CUSIP: 46266TAD0<br>LEI: 549300PLWY28YB00C717 | Long             | DBT              | CORP              | US        |   27385000 | PA      | $28309243.75   | 0.04%             | 2030-05-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| INGERSOLL RAND INC                             | IR US 01/16/26 C100                                                            | CUSIP: 000000000<br>LEI: 5299004C02FMZCUOIR50 | N/A              | DE               | CORP              | US        |      -4826 | NC      | $-615315.00    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| INGERSOLL RAND INC                             | IR US 01/16/26 C95                                                             | CUSIP: 000000000<br>LEI: 5299004C02FMZCUOIR50 | N/A              | DE               | CORP              | US        |      -4826 | NC      | $-723900.00    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| KFC HLD/PIZZA HUT/TACO 144A                    | KFC HOLDING CO/PIZZA HUT HOLDINGS LLC/TACO BELL OF AMERICA LLC                 | CUSIP: 48250NAC9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  138786000 | PA      | $138439035.00  | 0.20%             | 2027-06-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| KORN/FERRY INTERNATIONAL 144A                  | KORN FERRY                                                                     | CUSIP: 50067PAA7<br>LEI: 549300FOD20OM0GT5G40 | Long             | DBT              | CORP              | US        |   32922000 | PA      | $32633932.50   | 0.05%             | 2027-12-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| LAMAR MEDIA CORP                               | LAMAR MEDIA CORP                                                               | CUSIP: 513075BW0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    5192000 | PA      | $5146570.00    | 0.01%             | 2029-01-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| LAMAR MEDIA CORP                               | LAMAR MEDIA CORP                                                               | CUSIP: 513075BR1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   29063000 | PA      | $28227438.75   | 0.04%             | 2028-02-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| LAMAR MEDIA CORP                               | LAMAR MEDIA CORP                                                               | CUSIP: 513075BZ3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    4629000 | PA      | $4299183.75    | 0.01%             | 2031-01-15      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| LIFE TIME INC 144A                             | LIFE TIME INC                                                                  | CUSIP: 53190FAE5<br>LEI: 549300PALKE96VYH4X17 | Long             | DBT              | CORP              | US        |   31648000 | PA      | $32004040.00   | 0.05%             | 2031-11-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| ELI LILLY & CO                                 | LLY US 01/16/26 C850                                                           | CUSIP: 000000000<br>LEI: FRDRIPF3EKNDJ2CQJL29 | N/A              | DE               | CORP              | US        |       -267 | NC      | $-775635.00    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| ELI LILLY & CO                                 | LLY US 01/16/26 C890                                                           | CUSIP: 000000000<br>LEI: FRDRIPF3EKNDJ2CQJL29 | N/A              | DE               | CORP              | US        |       -267 | NC      | $-537337.50    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| LOCKHEED MARTIN CORP                           | LMT US 01/16/26 C500                                                           | CUSIP: 000000000<br>LEI: DPRBOZP0K5RM2YE8UU08 | N/A              | DE               | CORP              | US        |       -821 | NC      | $-2126390.00   | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| LOCKHEED MARTIN CORP                           | LMT US 01/16/26 C520                                                           | CUSIP: 000000000<br>LEI: DPRBOZP0K5RM2YE8UU08 | N/A              | DE               | CORP              | US        |      -1234 | NC      | $-2091630.00   | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| LOCKHEED MARTIN CORP                           | LMT US 06/18/26 C480                                                           | CUSIP: 000000000<br>LEI: DPRBOZP0K5RM2YE8UU08 | N/A              | DE               | CORP              | US        |      -1457 | NC      | $-7620110.00   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| LOCKHEED MARTIN CORP                           | LMT US 06/18/26 C500                                                           | CUSIP: 000000000<br>LEI: DPRBOZP0K5RM2YE8UU08 | N/A              | DE               | CORP              | US        |      -1458 | NC      | $-6036120.00   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| LOCKHEED MARTIN CORP                           | LOCKHEED MARTIN CORP                                                           | CUSIP: 539830109<br>LEI: DPRBOZP0K5RM2YE8UU08 | Long             | EC               | CORP              | US        |     509305 | NS      | $254250149.05  | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| LGC GROUP TL B 1L BANKDEBT                     | LOIRE FINCO LUXEMBOURG                                                         | CUSIP: 5039999D8<br>LEI: N/A                  | Long             | LON              | CORP              | LU        |  183765701 | PA      | $183857583.64  | 0.26%             | 2030-01-21      | Floating      | 8.31%                 | No            |                  2 | On Loan: No      |
| MASTERCARD INC                                 | MA US 01/16/26 C580                                                            | CUSIP: 000000000<br>LEI: AR5L2ODV9HN37376R084 | N/A              | DE               | CORP              | US        |      -1373 | NC      | $-3477122.50   | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| MASTERCARD INC                                 | MA US 01/16/26 C585                                                            | CUSIP: 000000000<br>LEI: AR5L2ODV9HN37376R084 | N/A              | DE               | CORP              | US        |      -1331 | NC      | $-3044662.50   | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| MASTERCARD INC                                 | MA US 01/16/26 C610                                                            | CUSIP: 000000000<br>LEI: AR5L2ODV9HN37376R084 | N/A              | DE               | CORP              | US        |      -1331 | NC      | $-1760247.50   | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| MASTERCARD INC                                 | MA US 01/16/26 C620                                                            | CUSIP: 000000000<br>LEI: AR5L2ODV9HN37376R084 | N/A              | DE               | CORP              | US        |       -685 | NC      | $-712400.00    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| MASTERCARD INC                                 | MA US 01/16/26 C640                                                            | CUSIP: 000000000<br>LEI: AR5L2ODV9HN37376R084 | N/A              | DE               | CORP              | US        |      -1381 | NC      | $-852767.50    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| MASTERCARD INC                                 | MA US 06/18/26 C670                                                            | CUSIP: 000000000<br>LEI: AR5L2ODV9HN37376R084 | N/A              | DE               | CORP              | US        |      -1381 | NC      | $-1885065.00   | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| MARINER LLC TL B 1L USD BANKDEBT               | MARINER LLC                                                                    | CUSIP: 56846TAH9<br>LEI: 549300XJJOOU336E5R24 | Long             | LON              | CORP              | US        |   96935194 | PA      | $97093198.61   | 0.14%             | 2030-12-31      | Floating      | 6.50%                 | No            |                  2 | On Loan: No      |
| MASTERCARD INC - A                             | MASTERCARD INC                                                                 | CUSIP: 57636Q104<br>LEI: AR5L2ODV9HN37376R084 | Long             | EC               | CORP              | US        |    1209758 | NS      | $688122447.98  | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| MCKESSON CORP                                  | MCK US 01/16/26 C660                                                           | CUSIP: 000000000<br>LEI: 549300WZWOM80UCFSF54 | N/A              | DE               | CORP              | US        |       -515 | NC      | $-6517325.00   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| MCKESSON CORP                                  | MCK US 01/16/26 C680                                                           | CUSIP: 000000000<br>LEI: 549300WZWOM80UCFSF54 | N/A              | DE               | CORP              | US        |       -514 | NC      | $-5623160.00   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| MCKESSON CORP                                  | MCK US 01/16/26 C760                                                           | CUSIP: 000000000<br>LEI: 549300WZWOM80UCFSF54 | N/A              | DE               | CORP              | US        |       -690 | NC      | $-3508650.00   | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| MCKESSON CORP                                  | MCK US 01/16/26 C780                                                           | CUSIP: 000000000<br>LEI: 549300WZWOM80UCFSF54 | N/A              | DE               | CORP              | US        |       -690 | NC      | $-2711700.00   | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| MCKESSON CORP                                  | MCKESSON CORP                                                                  | CUSIP: 58155Q103<br>LEI: 549300WZWOM80UCFSF54 | Long             | EC               | CORP              | US        |    1002379 | NS      | $774377872.66  | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| META PLATFORMS INC-CLASS A                     | META PLATFORMS INC                                                             | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |    2114701 | NS      | $1552994120.38 | 2.21%             |  |  |  | No            |                  1 | On Loan: No      |
| META PLATFORMS INC                             | META US 01/16/26 C775                                                          | CUSIP: 000000000<br>LEI: BQ4BKCS1HXDV9HN80Z93 | N/A              | DE               | CORP              | US        |      -1379 | NC      | $-5519447.50   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| META PLATFORMS INC                             | META US 01/16/26 C810                                                          | CUSIP: 000000000<br>LEI: BQ4BKCS1HXDV9HN80Z93 | N/A              | DE               | CORP              | US        |      -1379 | NC      | $-3878437.50   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| MICROSOFT CORP                                 | MICROSOFT CORP                                                                 | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |    7559006 | NS      | $3915187157.70 | 5.57%             |  |  |  | No            |                  1 | On Loan: No      |
| MIRANT CORP 144A ESCROW                        | MIRANT CORP 144A ESCROW                                                        | CUSIP: 8428159A2<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   16000000 | NS      | $0.00          | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| MISTER CAR WASH TL B 1L BANKDEBT               | MISTER CAR WASH HOLDINGS IN                                                    | CUSIP: 60646CAK3<br>LEI: 549300BARUQU0U2GQE05 | Long             | LON              | CORP              | US        |   30642639 | PA      | $30669910.97   | 0.04%             | 2031-03-27      | Floating      | 6.66%                 | No            |                  2 | On Loan: No      |
| MSCI INC                                       | MSCI INC                                                                       | CUSIP: 55354GAR1<br>LEI: 549300HTIN2PD78UB763 | Long             | DBT              | CORP              | US        |   90885000 | PA      | $91638164.00   | 0.13%             | 2035-09-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| MICROSOFT CORP                                 | MSFT US 01/16/26 C565                                                          | CUSIP: 000000000<br>LEI: INR2EJN1ERAN0W5ZP974 | N/A              | DE               | CORP              | US        |      -1379 | NC      | $-1465187.50   | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| MICROSOFT CORP                                 | MSFT US 01/16/26 C590                                                          | CUSIP: 000000000<br>LEI: INR2EJN1ERAN0W5ZP974 | N/A              | DE               | CORP              | US        |      -1379 | NC      | $-775687.50    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| NISOURCE INC                                   | NISOURCE INC                                                                   | CUSIP: 65473P105<br>LEI: 549300D8GOWWH0SJB189 | Long             | EC               | CORP              | US        |   27160334 | NS      | $1176042462.20 | 1.67%             |  |  |  | No            |                  1 | On Loan: No      |
| NVIDIA CORP                                    | NVDA US 01/16/26 C1900                                                         | CUSIP: 000000000<br>LEI: 549300S4KLFTLO7GSQ80 | N/A              | DE               | CORP              | US        |      -3792 | NC      | $-6010320.00   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| NVIDIA CORP                                    | NVDA US 01/16/26 C2000                                                         | CUSIP: 000000000<br>LEI: 549300S4KLFTLO7GSQ80 | N/A              | DE               | CORP              | US        |      -3792 | NC      | $-4398720.00   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| NVIDIA CORP                                    | NVIDIA CORP                                                                    | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |   18837990 | NS      | $3514792174.20 | 5.00%             |  |  |  | No            |                  1 | On Loan: No      |
| OTIS WORLDWIDE CORP                            | OTIS WORLDWIDE CORP                                                            | CUSIP: 68902V107<br>LEI: 549300ZLBKR8VSU25153 | Long             | EC               | CORP              | US        |    2060111 | NS      | $188355948.73  | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| PPL CORP                                       | PPL CORP                                                                       | CUSIP: 69351T106<br>LEI: 9N3UAJSNOUXFKQLF3V18 | Long             | EC               | CORP              | US        |   22427552 | NS      | $833407832.32  | 1.19%             |  |  |  | No            |                  1 | On Loan: No      |
| PTC INC                                        | PTC INC                                                                        | CUSIP: 69370C100<br>LEI: 54930050SSMU8SKDJ030 | Long             | EC               | CORP              | US        |    7173329 | NS      | $1456329253.58 | 2.07%             |  |  |  | No            |                  1 | On Loan: No      |
| PTC INC 144A                                   | PTC INC                                                                        | CUSIP: 69370CAC4<br>LEI: 54930050SSMU8SKDJ030 | Long             | DBT              | CORP              | US        |   41117000 | PA      | $40191867.50   | 0.06%             | 2028-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| QUARTZ ACQUIRECO LLC TL B 1L BANKDEBT          | QUARTZ ACQUIRECO LLC                                                           | CUSIP: 74773K9C1<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   36416550 | PA      | $36249762.33   | 0.05%             | 2030-06-28      | Floating      | 6.25%                 | No            |                  2 | On Loan: No      |
| REVVITY INC                                    | REVVITY INC                                                                    | CUSIP: 714046109<br>LEI: 549300IKL1SDPFI7N655 | Long             | EC               | CORP              | US        |   14366588 | NS      | $1259231438.20 | 1.79%             |  |  |  | No            |                  1 | On Loan: No      |
| ROPER TECHNOLOGIES INC                         | ROPER TECHNOLOGIES INC                                                         | CUSIP: 776696106<br>LEI: 54930003T4SXCIWVXY35 | Long             | EC               | CORP              | US        |    1800925 | NS      | $898103288.25  | 1.28%             |  |  |  | No            |                  1 | On Loan: No      |
| RYAN SPECIALTY TL B 1L BANKDEBT                | RYAN SPECIALTY                                                                 | CUSIP: 78350UAJ4<br>LEI: 549300K52N7QBO3PYY45 | Long             | LON              | CORP              | US        |    8241241 | PA      | $8238686.42    | 0.01%             | 2031-09-15      | Floating      | 6.16%                 | No            |                  2 | On Loan: No      |
| RYAN SPECIALTY GROUP 144A                      | RYAN SPECIALTY LLC                                                             | CUSIP: 78351MAA0<br>LEI: 549300K52N7QBO3PYY45 | Long             | DBT              | CORP              | US        |   24807000 | PA      | $23969763.75   | 0.03%             | 2030-02-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| RYAN SPECIALTY 144A                            | RYAN SPECIALTY LLC                                                             | CUSIP: 78351GAA3<br>LEI: 549300K52N7QBO3PYY45 | Long             | DBT              | CORP              | US        |   65952000 | PA      | $66529080.00   | 0.09%             | 2032-08-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| SALESFORCE INC                                 | SALESFORCE INC                                                                 | CUSIP: 79466L302<br>LEI: RCGZFPDMRW58VJ54VR07 | Long             | EC               | CORP              | US        |     857870 | NS      | $203315190.00  | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| SBA COMMUNICATIONS CORP                        | SBA COMMUNICATIONS CORP                                                        | CUSIP: 78410GAG9<br>LEI: 5299001HX8ZN8Y8QIT49 | Long             | DBT              | CORP              | US        |  114808000 | PA      | $107345480.00  | 0.15%             | 2029-02-01      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| SBA COMMUNICATIONS CORP                        | SBA COMMUNICATIONS CORP                                                        | CUSIP: 78410GAD6<br>LEI: 5299001HX8ZN8Y8QIT49 | Long             | DBT              | CORP              | US        |  102069000 | PA      | $100410378.75  | 0.14%             | 2027-02-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| SBA SENIOR FINANCE II TL B 1L BANKDEBT         | SBA SENIOR FINANCE II LLC                                                      | CUSIP: 78404X9A5<br>LEI: 549300PVT2ADFWMYEW87 | Long             | LON              | CORP              | US        |  101471605 | PA      | $101770945.86  | 0.14%             | 2031-01-27      | Floating      | 5.92%                 | No            |                  2 | On Loan: No      |
| SBA TOWER TRUST 144A                           | SBA TOWER TRUST                                                                | CUSIP: 78403DAZ3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    2575000 | PA      | $2643655.91    | 0.00%             | 2028-01-15      | Fixed         | 6.60%                 | No            |                  2 | On Loan: No      |
| STARBUCKS CORP                                 | SBUX US 01/16/26 C100                                                          | CUSIP: 000000000<br>LEI: OQSJ1DU9TAOC51A47K68 | N/A              | DE               | CORP              | US        |      -5515 | NC      | $-879642.50    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| STARBUCKS CORP                                 | SBUX US 01/16/26 C105                                                          | CUSIP: 000000000<br>LEI: OQSJ1DU9TAOC51A47K68 | N/A              | DE               | CORP              | US        |     -13112 | NC      | $-1317756.00   | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| STARBUCKS CORP                                 | SBUX US 01/16/26 C125                                                          | CUSIP: 000000000<br>LEI: OQSJ1DU9TAOC51A47K68 | N/A              | DE               | CORP              | US        |      -2959 | NC      | $-79893.00     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| SERVICE CORP INTL                              | SERVICE CORP INTERNATIONAL/US                                                  | CUSIP: 817565CD4<br>LEI: 549300RKVM2ME20JHZ15 | Long             | DBT              | CORP              | US        |    5256000 | PA      | $5223150.00    | 0.01%             | 2027-12-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| SERVICE CORP INTL                              | SERVICE CORP INTERNATIONAL/US                                                  | CUSIP: 817565CF9<br>LEI: 549300RKVM2ME20JHZ15 | Long             | DBT              | CORP              | US        |   25624000 | PA      | $23670170.00   | 0.03%             | 2030-08-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| SERVICE CORP INTL                              | SERVICE CORP INTERNATIONAL/US                                                  | CUSIP: 817565CH5<br>LEI: 549300RKVM2ME20JHZ15 | Long             | DBT              | CORP              | US        |   34085000 | PA      | $34468456.25   | 0.05%             | 2032-10-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| SIX FLAGS ENTERTAINMENT 144A                   | SIX FLAGS ENTERTAINMENT CORP                                                   | CUSIP: 83001AAD4<br>LEI: 529900AS2CYWYFHRS781 | Long             | DBT              | CORP              | US        |   34447000 | PA      | $34403941.25   | 0.05%             | 2031-05-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| SIX FLAGS ENTERTAINMENT 144A                   | SIX FLAGS ENTERTAINMENT CORP                                                   | CUSIP: 83001AAC6<br>LEI: 529900AS2CYWYFHRS781 | Long             | DBT              | CORP              | US        |  115380000 | PA      | $115091550.00  | 0.16%             | 2027-04-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| CEDAR FAIR/CAN/MAGNUM/MI                       | SIX FLAGS ENTERTAINMENT CORP / CANADA'S WONDERLAND CO / MAGNUM MANAGEMENT CORP | CUSIP: 150190AB2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   94575000 | PA      | $94338562.50   | 0.13%             | 2027-04-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| SIX FLAGS/CANADA WON                           | SIX FLAGS ENTERTAINMENT CORP / CANADA'S WONDERLAND CO / MAGNUM MANAGEMENT CORP | CUSIP: 150190AE6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   29619000 | PA      | $28656382.50   | 0.04%             | 2029-07-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| SIX FLAGS/CANADA WON                           | SIX FLAGS ENTERTAINMENT CORP / CANADA'S WONDERLAND CO / MAGNUM MANAGEMENT CORP | CUSIP: 150190AK2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   63960000 | PA      | $64119900.00   | 0.09%             | 2028-10-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| STARBUCKS CORP                                 | STARBUCKS CORP                                                                 | CUSIP: 855244109<br>LEI: OQSJ1DU9TAOC51A47K68 | Long             | EC               | CORP              | US        |    7356009 | NS      | $622318361.40  | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| STORABLE TL 1L BANKKDEBT                       | STORABLE INC                                                                   | CUSIP: 86210LAD0<br>LEI: 2549000AWFN27KOH3F59 | Long             | LON              | CORP              | US        |   65005457 | PA      | $65127667.70   | 0.09%             | 2031-04-16      | Floating      | 7.41%                 | No            |                  2 | On Loan: No      |
| SURGERY CENTER HOLDINGS 144A                   | SURGERY CENTER HOLDINGS INC                                                    | CUSIP: 86881WAF9<br>LEI: 54930054EVI5HWPPW113 | Long             | DBT              | CORP              | US        |   27373000 | PA      | $28057325.00   | 0.04%             | 2032-04-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| TRP INST FLOATING RATE FUND                    | T ROWE PR INST FLTNG RT-INST                                                   | CUSIP: 77958B402<br>LEI: 863VOPTBPYYVTH00FU88 | Long             | EC               | RF                | US        |  101721676 | NS      | $960252625.68  | 1.37%             |  |  |  | No            |                  1 | On Loan: No      |
| T. Rowe Price Government Reserve Fund          | T. Rowe Price Government Reserve Fund                                          | CUSIP: 76105Y109<br>LEI: 5493002Y0IYARJVQ5N24 | Long             | STIV             | RF                | US        | 1402473734 | NS      | $1402473733.50 | 2.00%             |  |  |  | No            |                  1 | On Loan: No      |
| TAIWAN SEMICONDUCTOR-SP ADR                    | TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD                                      | CUSIP: 874039100<br>LEI: 549300KB6NK5SBD14S87 | Long             | EC               | CORP              | TW        |     463600 | NS      | $129478844.00  | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| TRANS UNION 1L B5 1L BANKDEBT                  | TRANS UNION LLC                                                                | CUSIP: 89334GAX2<br>LEI: X8NPN6PWJOM1QCTYFV34 | Long             | LON              | CORP              | US        |    7273252 | PA      | $7277834.22    | 0.01%             | 2026-11-16      | Floating      | 6.01%                 | No            |                  2 | On Loan: No      |
| TRANSDIGM INC 144A                             | TRANSDIGM INC                                                                  | CUSIP: 893647BV8<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |  239679000 | PA      | $246569771.25  | 0.35%             | 2032-03-01      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| TRANSDIGM INC 144A                             | TRANSDIGM INC                                                                  | CUSIP: 893647BR7<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |   28464000 | PA      | $28997700.00   | 0.04%             | 2028-08-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| TRANSDIGM INC 144A                             | TRANSDIGM INC                                                                  | CUSIP: 893647BT3<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |  106169000 | PA      | $110548471.25  | 0.16%             | 2031-12-01      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| TRANSDIGM INC                                  | TRANSDIGM INC                                                                  | CUSIP: 893647BP1<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |   47592000 | PA      | $46580670.00   | 0.07%             | 2029-01-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| TRANSDIGM INC 144A                             | TRANSDIGM INC                                                                  | CUSIP: 893647BY2<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |  154797000 | PA      | $156731962.50  | 0.22%             | 2033-05-31      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| TRANSDIGM INC TL K 1L BANKDEBT                 | TRANSDIGM INC                                                                  | CUSIP: 89364MCF9<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | LON              | CORP              | US        |  284770595 | PA      | $284428870.28  | 0.40%             | 2030-03-22      | Floating      | 6.25%                 | No            |                  2 | On Loan: No      |
| TRANSDIGM INC 144A                             | TRANSDIGM INC                                                                  | CUSIP: 893647BU0<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |  184964000 | PA      | $188663280.00  | 0.27%             | 2029-03-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| TRANSDIGM INC 144A                             | TRANSDIGM INC                                                                  | CUSIP: 893647CA3<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |  109887000 | PA      | $113595686.25  | 0.16%             | 2034-01-31      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| TRANSDIGM INC 144A                             | TRANSDIGM INC                                                                  | CUSIP: 893647BZ9<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |   11838000 | PA      | $12133950.00   | 0.02%             | 2034-01-31      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| UKG INC TL B 1L USD BANKDEBT                   | UKG INC                                                                        | CUSIP: 89841EAB1<br>LEI: 529900FKHWSTQ1GXK240 | Long             | LON              | CORP              | US        |  174006141 | PA      | $173781672.64  | 0.25%             | 2031-02-10      | Floating      | 6.81%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                                | UNITED STATES TREASURY NOTE/BOND                                               | CUSIP: 91282CNR8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  530181000 | PA      | $532749064.22  | 0.76%             | 2032-07-31      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                                | UNITED STATES TREASURY NOTE/BOND                                               | CUSIP: 91282CNJ6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        | 1550948000 | PA      | $1559187411.25 | 2.22%             | 2032-06-30      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                                | UNITED STATES TREASURY NOTE/BOND                                               | CUSIP: 91282CMZ1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        | 1098046400 | PA      | $1105080759.75 | 1.57%             | 2030-04-30      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                                | UNITED STATES TREASURY NOTE/BOND                                               | CUSIP: 91282CNG2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        | 2436877700 | PA      | $2465625229.43 | 3.51%             | 2030-05-31      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                                | UNITED STATES TREASURY NOTE/BOND                                               | CUSIP: 91282CNX5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        | 1123688400 | PA      | $1117938272.96 | 1.59%             | 2030-08-31      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                                | UNITED STATES TREASURY NOTE/BOND                                               | CUSIP: 91282CNN7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        | 2219307000 | PA      | $2232657507.58 | 3.18%             | 2030-07-31      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                                | UNITED STATES TREASURY NOTE/BOND                                               | CUSIP: 91282CNK3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        | 2297378500 | PA      | $2311557621.44 | 3.29%             | 2030-06-30      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| UNITEDHEALTH GROUP INC                         | UNITEDHEALTH GROUP INC                                                         | CUSIP: 91324P102<br>LEI: 549300GHBMY8T5GXDE41 | Long             | EC               | CORP              | US        |    1004854 | NS      | $346976086.20  | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| USI INC/NY TL B 1L BANKDEBT                    | USI INC/NY                                                                     | CUSIP: 90351NAQ8<br>LEI: 2549006D7UF7072T7I27 | Long             | LON              | CORP              | US        |  166937963 | PA      | $166670862.71  | 0.24%             | 2030-09-29      | Floating      | 6.25%                 | No            |                  2 | On Loan: No      |
| USI INC/NY TL B 1L BANKDEBT                    | USI INC/NY                                                                     | CUSIP: 90351NAR6<br>LEI: 2549006D7UF7072T7I27 | Long             | LON              | CORP              | US        |  166530787 | PA      | $166309301.35  | 0.24%             | 2029-11-21      | Floating      | 6.25%                 | No            |                  2 | On Loan: No      |
| USI INC/NY 144A                                | USI INC/NY                                                                     | CUSIP: 90346KAB5<br>LEI: 2549006D7UF7072T7I27 | Long             | DBT              | CORP              | US        |  130072000 | PA      | $135925240.00  | 0.19%             | 2032-01-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| VISA INC                                       | V US 01/16/26 C360                                                             | CUSIP: 000000000<br>LEI: 549300JZ4OKEHW3DPJ59 | N/A              | DE               | CORP              | US        |      -2059 | NC      | $-2141360.00   | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| VISA INC                                       | V US 01/16/26 C370                                                             | CUSIP: 000000000<br>LEI: 549300JZ4OKEHW3DPJ59 | N/A              | DE               | CORP              | US        |      -2069 | NC      | $-1458645.00   | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| VISA INC                                       | V US 01/16/26 C380                                                             | CUSIP: 000000000<br>LEI: 549300JZ4OKEHW3DPJ59 | N/A              | DE               | CORP              | US        |      -2072 | NC      | $-973840.00    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| VISA INC                                       | V US 01/16/26 C390                                                             | CUSIP: 000000000<br>LEI: 549300JZ4OKEHW3DPJ59 | N/A              | DE               | CORP              | US        |      -2258 | NC      | $-699980.00    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| VISA INC                                       | V US 01/16/26 C400                                                             | CUSIP: 000000000<br>LEI: 549300JZ4OKEHW3DPJ59 | N/A              | DE               | CORP              | US        |      -2069 | NC      | $-422076.00    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| VISA INC                                       | V US 06/18/26 C395                                                             | CUSIP: 000000000<br>LEI: 549300JZ4OKEHW3DPJ59 | N/A              | DE               | CORP              | US        |      -2072 | NC      | $-1978760.00   | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| VAIL RESORTS INC 144A                          | VAIL RESORTS INC                                                               | CUSIP: 91879QAP4<br>LEI: 529900PSZHRNU9HKH870 | Long             | DBT              | CORP              | US        |   40770000 | PA      | $42145987.50   | 0.06%             | 2032-05-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| VAIL RESORTS INC 144A                          | VAIL RESORTS INC                                                               | CUSIP: 91879QAQ2<br>LEI: 529900PSZHRNU9HKH870 | Long             | DBT              | CORP              | US        |   20535000 | PA      | $20663343.75   | 0.03%             | 2030-07-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| VARSITY BRANDS INC TL B 1L USD BANKDEBT        | VARSITY BRANDS INC                                                             | CUSIP: 92227QAG1<br>LEI: 254900PLBJA0I5NSTT38 | Long             | LON              | CORP              | US        |  167828378 | PA      | $167744463.31  | 0.24%             | 2031-08-26      | Floating      | 7.03%                 | No            |                  2 | On Loan: No      |
| VAXCYTE INC                                    | VAXCYTE INC                                                                    | CUSIP: 92243G108<br>LEI: 254900M7NMHTGASX8D95 | Long             | EC               | CORP              | US        |    1517665 | NS      | $54666293.30   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| VERALTO CORP                                   | VERALTO CORP                                                                   | CUSIP: 92338C103<br>LEI: 635400FJE6GSOJUSNY27 | Long             | EC               | CORP              | US        |    2019551 | NS      | $215304332.11  | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| VISA INC-CLASS A SHARES                        | VISA INC                                                                       | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | EC               | CORP              | US        |    2230987 | NS      | $761614342.06  | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| VERALTO CORP                                   | VLTO US 01/16/26 C110                                                          | CUSIP: 000000000<br>LEI: 635400FJE6GSOJUSNY27 | N/A              | DE               | CORP              | US        |      -2069 | NC      | $-646562.50    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| VULCAN MATERIALS CO                            | VMC US 12/19/25 C290                                                           | CUSIP: 000000000<br>LEI: 549300Q8LSNHAVWBNI21 | N/A              | DE               | CORP              | US        |      -1724 | NC      | $-4559980.00   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| VULCAN MATERIALS CO                            | VMC US 12/19/25 C300                                                           | CUSIP: 000000000<br>LEI: 549300Q8LSNHAVWBNI21 | N/A              | DE               | CORP              | US        |      -1724 | NC      | $-3379040.00   | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| VULCAN MATERIALS CO                            | VULCAN MATERIALS CO                                                            | CUSIP: 929160109<br>LEI: 549300Q8LSNHAVWBNI21 | Long             | EC               | CORP              | US        |    1011161 | NS      | $311053346.82  | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| WAYMO LLC SER A-2 CVT PFD UNITS PP             | WAYMO LLC SER A-2 CVT PFD UNITS PP                                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | EP               | CORP              | US        |    2141932 | NS      | $226937695.40  | 0.32%             |  |  |  | Yes           |                  3 | On Loan: No      |
| WAYMO LLC SER B-2 CVT PFD UNITS PP             | WAYMO LLC SER B-2 CVT PFD UNITS PP                                             | CUSIP: TC7W7JFK8<br>LEI: N/A                  | Long             | EP               | CORP              | US        |     177514 | NS      | $18974471.46   | 0.03%             |  |  |  | Yes           |                  3 | On Loan: No      |
| WAYMO LLC SER C-2 CVT PFD UNITS PP             | WAYMO LLC SER C-2 CVT PFD UNITS PP                                             | CUSIP: TC8HYG683<br>LEI: N/A                  | Long             | EP               | CORP              | US        |    3575381 | NS      | $368943565.39  | 0.53%             |  |  |  | Yes           |                  3 | On Loan: No      |
| WORKDAY INC                                    | WDAY US 01/16/26 C260                                                          | CUSIP: 000000000<br>LEI: 549300J0DYC0N31V7G13 | N/A              | DE               | CORP              | US        |      -2758 | NC      | $-2964850.00   | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| WORKDAY INC                                    | WDAY US 01/16/26 C270                                                          | CUSIP: 000000000<br>LEI: 549300J0DYC0N31V7G13 | N/A              | DE               | CORP              | US        |      -2758 | NC      | $-2165030.00   | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| WILLIS TOWERS WATSON PLC                       | WILLIS TOWERS WATSON PLC                                                       | CUSIP: 000000000<br>LEI: 549300WHC56FF48KL350 | Long             | EC               | CORP              | IE        |    1586745 | NS      | $548141060.25  | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| WORKDAY INC                                    | WORKDAY INC                                                                    | CUSIP: 98138H101<br>LEI: 549300J0DYC0N31V7G13 | Long             | EC               | CORP              | US        |    2508858 | NS      | $603957386.34  | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| WILLIS TOWERS WATSON PLC                       | WTW US 01/16/26 C330                                                           | CUSIP: 000000000<br>LEI: 549300WHC56FF48KL350 | N/A              | DE               | CORP              | US        |       -668 | NC      | $-1923840.00   | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| WILLIS TOWERS WATSON PLC                       | WTW US 01/16/26 C340                                                           | CUSIP: 000000000<br>LEI: 549300WHC56FF48KL350 | N/A              | DE               | CORP              | US        |       -668 | NC      | $-1469600.00   | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| WYNDHAM HOTELS & RESORT TL B 1L BANKDEBT       | WYNDHAM HOTELS & RESORTS                                                       | CUSIP: 98310CAF9<br>LEI: 549300FE3MQ4RVXXC673 | Long             | LON              | CORP              | US        |   36505281 | PA      | $36609686.32   | 0.05%             | 2030-05-24      | Floating      | 5.91%                 | No            |                  2 | On Loan: No      |
| YUM! BRANDS INC                                | YUM US 01/16/26 C145                                                           | CUSIP: 000000000<br>LEI: 549300JE8XHZZ7OHN517 | N/A              | DE               | CORP              | US        |      -2402 | NC      | $-2894410.00   | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| YUM! BRANDS INC                                | YUM US 01/16/26 C160                                                           | CUSIP: 000000000<br>LEI: 549300JE8XHZZ7OHN517 | N/A              | DE               | CORP              | US        |      -4539 | NC      | $-1679430.00   | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| YUM! BRANDS INC                                | YUM US 01/16/26 C165                                                           | CUSIP: 000000000<br>LEI: 549300JE8XHZZ7OHN517 | N/A              | DE               | CORP              | US        |      -1382 | NC      | $-317860.00    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| YUM! BRANDS INC                                | YUM! BRANDS INC                                                                | CUSIP: 988498AK7<br>LEI: 549300JE8XHZZ7OHN517 | Long             | DBT              | CORP              | US        |   84184000 | PA      | $81132330.00   | 0.12%             | 2043-11-01      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| YUM! BRANDS INC                                | YUM! BRANDS INC                                                                | CUSIP: 988498AD3<br>LEI: 549300JE8XHZZ7OHN517 | Long             | DBT              | CORP              | US        |   36509000 | PA      | $40342445.00   | 0.06%             | 2037-11-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| YUM! BRANDS INC                                | YUM! BRANDS INC                                                                | CUSIP: 988498AP6<br>LEI: 549300JE8XHZZ7OHN517 | Long             | DBT              | CORP              | US        |  102997000 | PA      | $99907090.00   | 0.14%             | 2032-01-31      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| YUM  BRANDS INC                                | YUM! BRANDS INC                                                                | CUSIP: 988498101<br>LEI: 549300JE8XHZZ7OHN517 | Long             | EC               | CORP              | US        |    5666310 | NS      | $861279120.00  | 1.23%             |  |  |  | No            |                  1 | On Loan: No      |
| YUM BRANDS INC 144A                            | YUM! BRANDS INC                                                                | CUSIP: 988498AL5<br>LEI: 549300JE8XHZZ7OHN517 | Long             | DBT              | CORP              | US        |   46930000 | PA      | $46695350.00   | 0.07%             | 2030-01-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| YUM BRANDS INC                                 | YUM! BRANDS INC                                                                | CUSIP: 988498AN1<br>LEI: 549300JE8XHZZ7OHN517 | Long             | DBT              | CORP              | US        |   58624000 | PA      | $54666880.00   | 0.08%             | 2031-03-15      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| YUM! BRANDS INC                                | YUM! BRANDS INC                                                                | CUSIP: 988498AR2<br>LEI: 549300JE8XHZZ7OHN517 | Long             | DBT              | CORP              | US        |  121510000 | PA      | $121965662.50  | 0.17%             | 2032-04-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-11-05

**Name of Applicant:** T. ROWE PRICE CAPITAL APPRECIATION FUND, INC.

**Signature:** /s/ Alan Dupski

**Name of Signer:** Alan Dupski

**Title:** Treasurer & Vice President