# EDGAR Filing Document

**Accession Number:** 0000742212
**File Stem:** 0001410368-25-029469
**Filing Date:** 2025-11
**Character Count:** 116641
**Document Hash:** 634f0b58a20a51ab831cf45d9c5f3ccf
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001410368-25-029469.hdr.sgml**: 20251124

**ACCESSION NUMBER**: 0001410368-25-029469

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251124

**DATE AS OF CHANGE**: 20251124

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** NORTHWESTERN MUTUAL SERIES FUND INC
- **CENTRAL INDEX KEY:** 0000742212

**ORGANIZATION NAME:**
- **EIN:** 391603401
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-03990
- **FILM NUMBER:** 251511978

**BUSINESS ADDRESS:**
- **STREET 1:** 720 E WISCONSIN AVE
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53202
- **BUSINESS PHONE:** 4142992508

**MAIL ADDRESS:**
- **STREET 1:** 720 EAST WISCONSIN AVE
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53202

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** NORTHWESTERN MUTUAL VARIABLE LIFE SERIES FUND INC
- **DATE OF NAME CHANGE:** 19940830

## Series and Classes Contracts Data

### International Equity Portfolio (Series ID: S000000052)

| Class ID   | Class Name                     | Ticker Symbol   |
|:---|:---|:---|
| C000000087 | International Equity Portfolio |  |

## Nport-Ex

International Equity Portfolio

SCHEDULE OF INVESTMENTS

**September 30, 2025 (unaudited)** 

---

| | | | |
|:---|:---|:---|:---|
| Common Stocks (95.4%) | Country | Shares/ Par <sup>+</sup> | Value<br>$(000's) |
|  **Communication Services (6.1%)** | **Communication Services (6.1%)** |  |  |
|  Baidu, Inc., ADR \* | China | 120600 | 15891 |
|  Cellnex Telecom SA | Spain | 632300 | 21924 |
|  Deutsche Telekom AG | Germany | 932700 | 31778 |
|  Grupo Televisa SAB, ADR | Mexico | 1850000 | 4977 |
|  Liberty Global, Ltd. - Class A \* | Belgium | 155000 | 1776 |
|  Liberty Global, Ltd. - Class C \* | Belgium | 287000 | 3372 |
|  Millicom International Cellular SA | Guatemala | 309600 | 15028 |
|  NetEase, Inc., ADR | China | 84300 | 12813 |
|  Sunrise Communications AG - Class A \* | Switzerland | 83334 | 4931 |
|  Tencent Holdings, Ltd. | China | 344200 | 29324 |
| &nbsp;&nbsp;&nbsp;&nbsp; **Total** |  |  | **141814** |
|  **Consumer Discretionary (10.7%)** | **Consumer Discretionary (10.7%)** |  |  |
|  adidas AG | Germany | 26000 | 5484 |
|  Alibaba Group Holding, Ltd., ADR | China | 295600 | 52833 |
|  Booking Holdings, Inc. | United States | 6225 | 33610 |
|  Coupang, Inc. \* | South Korea | 1249800 | 40243 |
|  Entain PLC | United Kingdom | 1762500 | 20661 |
|  Flutter Entertainment PLC \* | United Kingdom | 24400 | 6198 |
|  JD.com, Inc., ADR | China | 561800 | 19652 |
|  Kering SA | France | 55000 | 18328 |
|  Ollamani SAB \* | Mexico | 462500 | 1386 |
|  Prosus NV \* | China | 308800 | 21900 |
|  Stellantis NV | United States | 1554400 | 14388 |
|  Yum China Holdings, Inc. | China | 325900 | 13988 |
| &nbsp;&nbsp;&nbsp;&nbsp; **Total** |  |  | **248671** |
|  **Consumer Staples (7.4%)** | **Consumer Staples (7.4%)** |  |  |
|  Anheuser-Busch lnBev SA/NV | Belgium | 523000 | 31273 |
|  Beiersdorf AG | Germany | 171000 | 17891 |
|  Danone SA | France | 278600 | 24273 |
|  Diageo PLC | United Kingdom | 767000 | 18259 |
|  Imperial Brands PLC | United Kingdom | 840000 | 35683 |
|  Reckitt Benckiser Group PLC | United Kingdom | 288000 | 22242 |
|  Seven & i Holdings Co., Ltd. | Japan | 371100 | 4991 |
|  Wal-Mart de Mexico SAB de CV | Mexico | 5724500 | 17683 |
| &nbsp;&nbsp;&nbsp;&nbsp; **Total** |  |  | **172295** |
|  **Energy (5.1%)** | **Energy (5.1%)** |  |  |
|  BP PLC | United States | 2522000 | 14467 |
|  Equinor ASA | Norway | 208500 | 5100 |
|  Suncor Energy, Inc. | Canada | 832700 | 34815 |
|  TC Energy Corp. | Canada | 368000 | 20023 |
|  Total Energies SE | France | 738600 | 45070 |
| &nbsp;&nbsp;&nbsp;&nbsp; **Total** |  |  | **119475** |
|  **Financials (24.3%)** | **Financials (24.3%)** |  |  |
|  Aegon, Ltd. | Netherlands | 1673700 | 13514 |
|  AlA Group, Ltd. | Hong Kong | 3137200 | 30071 |
|  Aon PLC | United States | 38970 | 13896 |
|  Aviva PLC | United Kingdom | 3763000 | 34846 |
|  Axis Bank, Ltd. | India | 2619600 | 33398 |
|  Banco Santander SA | Spain | 8441500 | 88224 |

---

---

| | | | |
|:---|:---|:---|:---|
| Common Stocks (95.4%) | Country | Shares/ Par <sup>+</sup> | Value<br>$(000's) |
|  **Financials continued** |  |  |  |
|  Barclays PLC | United Kingdom | 11494000 | 58939 |
|  BNP Paribas SA | France | 809800 | 73820 |
|  Credicorp, Ltd. | Peru | 132500 | 35282 |
|  HDFC Bank, Ltd. | India | 3662600 | 39241 |
|  lnduslnd Bank, Ltd. \* | India | 687731 | 5700 |
|  Julius Baer Group, Ltd. | Switzerland | 258000 | 17945 |
|  Prudential PLC | Hong Kong | 2732873 | 38469 |
|  UBS Group AG | Switzerland | 1388000 | 57059 |
|  Willis Towers Watson PLC | United States | 45970 | 15880 |
|  XP, Inc. - Class A | Brazil | 603300 | 11336 |
| &nbsp;&nbsp;&nbsp;&nbsp; **Total** |  |  | **567620** |
|  **Health Care (14.3%)** | **Health Care (14.3%)** |  |  |
|  Bayer AG | Germany | 901700 | 29897 |
|  BioNTech SE, ADR \* | Germany | 99000 | 9763 |
|  Fresenius Medical Care AG | Germany | 546728 | 28688 |
|  GSK PLC | United States | 3088800 | 66410 |
|  Haleon PLC | United States | 6049700 | 27326 |
|  Koninklijke Philips NV | Netherlands | 199708 | 5467 |
|  Novartis AG | United States | 478500 | 61531 |
|  Olympus Corp. | Japan | 864000 | 10947 |
|  Roche Holding AG | United States | 127500 | 41964 |
|  Sanofi SA | United States | 561400 | 53066 |
| &nbsp;&nbsp;&nbsp;&nbsp; **Total** |  |  | **335059** |
|  **Industrials (10.3%)** | **Industrials (10.3%)** |  |  |
|  Ashtead Group PLC | United Kingdom | 543200 | 36503 |
|  Daikin Industries, Ltd. | Japan | 142000 | 16338 |
|  Deutsche Post AG | Germany | 596800 | 26617 |
|  Johnson Controls International PLC | United States | 646700 | 71105 |
|  Mitsubishi Electric Corp. | Japan | 1217000 | 31683 |
|  Nidec Corp. | Japan | 642000 | 11402 |
|  Schneider Electric SE | United States | 74100 | 20919 |
|  Smiths Group PLC | United Kingdom | 790400 | 25214 |
| &nbsp;&nbsp;&nbsp;&nbsp; **Total** |  |  | **239781** |
|  **Information Technology (7.9%)** | **Information Technology (7.9%)** |  |  |
|  Brother Industries, Ltd. | Japan | 319000 | 5335 |
|  lnfineon Technologies AG | Germany | 875500 | 34172 |
|  Kyocera Corp. | Japan | 1141000 | 15502 |
|  Murata Manufacturing Co., Ltd. | Japan | 847500 | 16083 |
|  Samsung Electronics Co., Ltd. | South Korea | 40000 | 2404 |
|  SK Hynix, Inc. | South Korea | 13800 | 3451 |
|  Taiwan Semiconductor Manufacturing Co., Ltd. | Taiwan | 1641400 | 71408 |
|  TE Connectivity PLC | Switzerland | 168500 | 36991 |
| &nbsp;&nbsp;&nbsp;&nbsp; **Total** |  |  | **185346** |
|  **Materials (8.1%)** | **Materials (8.1%)** |  |  |
|  Akzo Nobel NV | Netherlands | 532100 | 37902 |
|  Amrize, Ltd. \* | United States | 208900 | 10123 |
|  Cemex SAB de CV, ADR | Mexico | 2859505 | 25707 |
|  Glencore PLC \* | Australia | 6223200 | 28759 |
|  Holcim, Ltd. \* | United States | 254511 | 21661 |

---

**1** 

------

International Equity Portfolio

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

---

| | | | |
|:---|:---|:---|:---|
| Common Stocks (95.4%) | Country | Shares/ Par <sup>+</sup> | Value<br>$(000's) |
|  **Materials continued** |  |  |  |
|  International Flavors & Fragrances, Inc. | United States | 308800 | 19004 |
|  Linde PLC | United States | 51600 | 24510 |
|  Mitsubishi Chemical Group Corp. | Japan | 1687000 | 9726 |
|  Teck Resources, Ltd. - Class B | Canada | 290500 | 12750 |
| &nbsp;&nbsp;&nbsp;&nbsp; **Total** |  |  | **190142** |
|  **Real Estate (1.2%)** |  |  |  |
|  CK Asset Holdings, Ltd. | Hong Kong | 2128400 | 10329 |
|  Daito Trust Construction Co., Ltd. | Japan | 488000 | 10704 |
|  Hang Lung Group, Ltd. | Hong Kong | 3500000 | 6601 |
| &nbsp;&nbsp;&nbsp;&nbsp; **Total** |  |  | **27634** |
| &nbsp;&nbsp;&nbsp;&nbsp; **Total Common Stocks (Cost: $1,775,626)** | &nbsp;&nbsp;&nbsp;&nbsp; **Total Common Stocks (Cost: $1,775,626)** | &nbsp;&nbsp;&nbsp;&nbsp; **Total Common Stocks (Cost: $1,775,626)** | **2227837** |

---

---

| | | | |
|:---|:---|:---|:---|
| Preferred Stocks (3.0%) | Country | Shares/ Par <sup>+</sup> | Value<br>$(000's) |
|  **Financials (2.4%)** |  |  |  |
|  ltau Unibanco Holding SA | Brazil | 7733500 | 56771 |
| &nbsp;&nbsp;&nbsp;&nbsp; **Total** |  |  | **56771** |
|  **Information Technology (0.6%)** | **Information Technology (0.6%)** |  |  |
|  Samsung Electronics Co., Ltd. | South Korea | 293000 | 13929 |
| &nbsp;&nbsp;&nbsp;&nbsp; **Total** | &nbsp;&nbsp;&nbsp;&nbsp; **Total** | &nbsp;&nbsp;&nbsp;&nbsp; **Total** | **13929** |
| &nbsp;&nbsp;&nbsp;&nbsp; **Total Preferred Stocks (Cost: $46,095)** | &nbsp;&nbsp;&nbsp;&nbsp; **Total Preferred Stocks (Cost: $46,095)** | &nbsp;&nbsp;&nbsp;&nbsp; **Total Preferred Stocks (Cost: $46,095)** | **70700** |
| &nbsp;&nbsp;&nbsp;&nbsp; **Total Investments (98.4%) (Cost: $1,821,721)<sup>@</sup>** | &nbsp;&nbsp;&nbsp;&nbsp; **Total Investments (98.4%) (Cost: $1,821,721)<sup>@</sup>** | &nbsp;&nbsp;&nbsp;&nbsp; **Total Investments (98.4%) (Cost: $1,821,721)<sup>@</sup>** | **2298537** |
| &nbsp;&nbsp;&nbsp;&nbsp; **Other Assets, Less Liabilities (1.6%)** | &nbsp;&nbsp;&nbsp;&nbsp; **Other Assets, Less Liabilities (1.6%)** | &nbsp;&nbsp;&nbsp;&nbsp; **Other Assets, Less Liabilities (1.6%)** | **36507** |
| &nbsp;&nbsp;&nbsp;&nbsp; **Net Assets (100.0%)** | &nbsp;&nbsp;&nbsp;&nbsp; **Net Assets (100.0%)** | &nbsp;&nbsp;&nbsp;&nbsp; **Net Assets (100.0%)** | **2335044** |

---

---

| | |
|:---|:---|
|  Investments by Country of Risk as a Percentage of Net Assets: |  |
|  United States | 21.8% |
|  United Kingdom | 11.1% |
|  Germany | 7.9% |
|  China | 7.1% |
|  France | 6.9% |
|  Japan | 5.7% |
|  Switzerland | 5.0% |
|  Other | 32.9% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **Total** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;98.4% |

---

**Over the Counter Derivatives** 

**Forward Foreign Currency Contracts** 

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| Type | Counterparty | Foreign Principal<br>Amount<br> Covered by<br>Contract (000s) | USD Principal<br>Amount<br>Covered by<br>Contract (000's) | Settlement<br>Date | Unrealized<br>Appreciation<br>(000's) | Unrealized<br>(Depreciation)<br>(000's) | Net<br>Unrealized<br>Appreciation/<br>(Depreciation)<br>(000's) |
|  Sell | HSBC Bank USA CNH | 20670 | 2901 | 10/16/25 | $72 | $— | $72 |
|  Sell | JP Morgan Chase Bank NA CNH | 6890 | 967 | 10/16/25 | 22 |  | 22 |
|  Sell | Barclays Bank PLC CNH | 13751 | 1935 | 11/20/25 |  | (24) | (24) |
|  Sell | Citibank NA CNH | 27499 | 3869 | 11/20/25 |  | (48) | (48) |
|  Sell | UBS AG CNH | 13751 | 1935 | 11/20/25 |  | (24) | (24) |
|  Sell | Citibank NA CNH | 21935 | 3091 | 12/11/25 |  | (13) | (13) |
|  Sell | HSBC Bank USA CNH | 21935 | 3091 | 12/11/25 |  | (9) | (9) |
|  Sell | Bank of America NA CNH | 13948 | 1970 | 1/15/26 |  | (32) | (32) |
|  Sell | Barclays Bank PLC CNH | 21666 | 3060 | 1/15/26 |  | (26) | (26) |
|  Sell | HSBC Bank USA CNH | 13900 | 1963 | 1/15/26 |  | (31) | (31) |
|  Sell | Standard Chartered Bank CNH | 10834 | 1530 | 1/15/26 |  | (16) | (16) |
|  Sell | Barclays Bank PLC CNH | 22649 | 3201 | 1/30/26 | —π |  | —π |
|  Sell | UBS AG CNH | 22648 | 3201 | 1/30/26 | —π |  | —π |
|  Sell | HSBC Bank USA CNH | 34156 | 4829 | 2/5/26 | 2 | (15) | (13) |
|  Sell | Morgan Stanley And Co. International PLC CNH | 23142 | 3272 | 2/5/26 |  | (29) | (29) |
|  Sell | HSBC Bank USA CNH | 10076 | 1426 | 2/12/26 |  | (18) | (18) |
|  Sell | JP Morgan Chase Bank NA CNH | 6718 | 950 | 2/12/26 |  | (13) | (13) |
|  Sell | UBS AG CNH | 10077 | 1426 | 2/12/26 |  | (19) | (19) |
|  Sell | Citibank NA CNH | 47322 | 6705 | 3/13/26 |  | (18) | (18) |
|  Sell | HSBC Bank USA CNH | 23495 | 3329 | 3/13/26 |  | (4) | (4) |
|  Sell | UBS AG CNH | 47322 | 6705 | 3/13/26 |  | (36) | (36) |
|  Sell | HSBC Bank USA CNH | 37533 | 5320 | 3/20/26 |  | (11) | (11) |

---

**2** 

------

International Equity Portfolio

**Forward Foreign Currency Contracts** 

**(continued)**

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Type | Counterparty | Currency | Foreign Principal<br>Amount<br> Covered by<br>Contract (000s) | USD Principal<br>Amount<br>Covered by<br>Contract (000's) | Settlement<br>Date | Unrealized<br>Appreciation<br>(000's) | Unrealized<br>(Depreciation)<br>(000's) | Net<br>Unrealized<br>Appreciation/<br>(Depreciation)<br>(000's) |
|  Sell | UBS AG | CNH | 18768 | 2660 | 3/20/26 | $— | $(3) | $(3) |
|  Sell | Bank of America NA | CNH | 10129 | 1438 | 4/17/26 | 4 |  | 4 |
|  Sell | Citibank NA | CNH | 5071 | 720 | 4/17/26 | 2 |  | 2 |
|  Sell | UBS AG | CNH | 58370 | 8286 | 4/17/26 |  | (102) | (102) |
|  Sell | HSBC Bank USA | CNH | 22611 | 3211 | 4/24/26 | 1 |  | 1 |
|  Sell | HSBC Bank USA | CNH | 36375 | 5172 | 5/15/26 | 27 |  | 27 |
|  Sell | State Street Bank And Trust Company | CNH | 12125 | 1723 | 5/15/26 | 5 |  | 5 |
|  Sell | Bank of America NA | CNH | 10566 | 1503 | 5/22/26 | —π |  | —π |
|  Sell | HSBC Bank USA | CNH | 21103 | 3001 | 5/22/26 | 1 | —π | 1 |
|  Sell | State Street Bank And Trust Company | CNH | 10553 | 1500 | 5/22/26 | 2 |  | 2 |
|  Sell | HSBC Bank USA | CNH | 47404 | 6750 | 6/12/26 | 23 |  | 23 |
|  Sell | JP Morgan Chase Bank NA | CNH | 23699 | 3374 | 6/12/26 | 11 |  | 11 |
|  Sell | Bank of America NA | CNH | 8339 | 1188 | 6/26/26 | 3 |  | 3 |
|  Sell | HSBC Bank USA | CNH | 29578 | 4215 | 6/26/26 | 14 |  | 14 |
|  Sell | JP Morgan Chase Bank NA | CNH | 14822 | 2112 | 6/26/26 | 8 |  | 8 |
|  Sell | HSBC Bank USA | CNH | 13599 | 1940 | 7/10/26 | 6 |  | 6 |
|  Sell | JP Morgan Chase Bank NA | CNH | 13617 | 1942 | 7/10/26 | 5 |  | 5 |
|  Sell | HSBC Bank USA | CNH | 13829 | 1973 | 7/17/26 | 3 |  | 3 |
|  Sell | UBS AG | CNH | 27591 | 3936 | 7/17/26 | 7 |  | 7 |
|  Sell | HSBC Bank USA | CNH | 196 | 28 | 8/14/26 |  | —π | —π |
|  Sell | UBS AG | CNH | 224 | 32 | 8/14/26 |  | —π | —π |
|  Sell | Bank of America NA | CNH | 8333 | 1192 | 9/11/26 | 3 |  | 3 |
|  Sell | Goldman Sachs Bank USA | CNH | 8333 | 1192 | 9/11/26 | 3 |  | 3 |
|  Sell | UBS AG | CNH | 16690 | 2387 | 9/11/26 | 6 |  | 6 |
|  Sell | Citibank NA | CNH | 24833 | 3552 | 9/18/26 | 8 |  | 8 |
|  Sell | HSBC Bank USA | CNH | 12417 | 1776 | 9/18/26 | 4 |  | 4 |
|  Sell | Morgan Stanley And Co. International Plc | CNH | 12417 | 1776 | 9/18/26 | 3 |  | 3 |
|  Buy | Citibank NA | TWD | 21500 | 706 | 10/14/25 |  | (8) | (8) |
|  Buy | Bank of America NA | TWD | 21493 | 706 | 10/15/25 |  | (6) | (6) |
|  Buy | UBS AG | TWD | 43007 | 1413 | 10/15/25 |  | (12) | (12) |
|  Buy | Bank of America NA | TWD | 23000 | 756 | 10/20/25 |  | (13) | (13) |
|  Buy | Citibank NA | TWD | 23000 | 756 | 10/20/25 |  | (11) | (11) |
|  Buy | State Street Bank And Trust Company | TWD | 23000 | 756 | 10/22/25 |  | (7) | (7) |
|  Buy | Citibank NA | TWD | 21770 | 716 | 10/27/25 |  | (1) | (1) |
|  Buy | HSBC Bank USA | TWD | 28250 | 929 | 10/31/25 |  | (1) | (1) |
|  Buy | Standard Chartered Bank | TWD | 28250 | 929 | 10/31/25 | —π |  | —π |
|  Sell | Goldman Sachs Bank USA | TWD | 21500 | 706 | 10/14/25 | 8 |  | 8 |
|  Sell | Bank of America NA | TWD | 21493 | 706 | 10/15/25 | 5 |  | 5 |
|  Sell | Citibank NA | TWD | 21493 | 706 | 10/15/25 | 6 |  | 6 |
|  Sell | HSBC Bank USA | TWD | 21515 | 707 | 10/15/25 | 7 |  | 7 |
|  Sell | Bank of America NA | TWD | 23000 | 756 | 10/20/25 | 12 |  | 12 |
|  Sell | JP Morgan Chase Bank NA | TWD | 23000 | 756 | 10/20/25 | 11 |  | 11 |
|  Sell | Citibank NA | TWD | 11496 | 378 | 10/22/25 | 4 |  | 4 |
|  Sell | State Street Bank And Trust Company | TWD | 11504 | 378 | 10/22/25 | 4 |  | 4 |
|  Sell | Citibank NA | TWD | 24499 | 805 | 10/23/25 |  | (31) | (31) |
|  Sell | Morgan Stanley And Co.<br>International PLC | TWD | 25478 | 837 | 10/23/25 |  | (30) | (30) |
|  Sell | Citibank NA | TWD | 21770 | 716 | 10/27/25 | 1 |  | 1 |
|  Sell | Bank of America NA | TWD | 28250 | 929 | 10/31/25 | 1 |  | 1 |
|  Sell | Standard Chartered Bank | TWD | 28250 | 929 | 10/31/25 | 1 |  | 1 |
|  Sell | Goldman Sachs Bank USA | TWD | 27900 | 918 | 11/7/25 |  | (30) | (30) |
|  Sell | UBS AG | TWD | 18002 | 592 | 11/7/25 | 27 |  | 27 |

---

**3** 

------

International Equity Portfolio

**Forward Foreign Currency Contracts** 

**(continued)**

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Type | Counterparty | Currency | Foreign Principal<br>Amount<br> Covered by<br>Contract (000s) | USD Principal<br>Amount<br>Covered by<br>Contract (000's) | Settlement<br>Date | Unrealized<br>Appreciation<br>(000's) | Unrealized<br>(Depreciation)<br>(000's) | Net<br>Unrealized<br>Appreciation/<br>(Depreciation)<br>(000's) |
|  Sell | Citibank NA | TWD | 24497 | 807 | 11/20/25 | $— | $(31) | $(31) |
|  Sell | Citibank NA | TWD | 47220 | 1558 | 12/18/25 | 57 | (31) | 26 |
|  Sell | Bank of America NA | TWD | 23242 | 768 | 1/16/26 |  | (28) | (28) |
|  Sell | HSBC Bank USA | TWD | 23258 | 769 | 1/16/26 |  | (27) | (27) |
|  Sell | Citibank NA | TWD | 24500 | 811 | 2/6/26 |  | (29) | (29) |
|  Sell | HSBC Bank USA | TWD | 26225 | 868 | 2/6/26 |  | (22) | (22) |
|  Sell | Citibank NA | TWD | 43033 | 1426 | 2/13/26 | 69 |  | 69 |
|  Sell | Bank of America NA | TWD | 25480 | 844 | 2/26/26 |  | (30) | (30) |
|  Sell | HSBC Bank USA | TWD | 44927 | 1489 | 2/26/26 |  | (61) | (61) |
|  Sell | HSBC Bank USA | TWD | 25557 | 848 | 3/6/26 |  | (47) | (47) |
|  Sell | JP Morgan Chase Bank NA | TWD | 25561 | 848 | 3/6/26 |  | (49) | (49) |
|  Sell | State Street Bank And Trust Company | TWD | 25560 | 848 | 3/6/26 |  | (46) | (46) |
|  Sell | Bank of America NA | TWD | 15998 | 531 | 3/13/26 | 33 |  | 33 |
|  Sell | Citibank NA | TWD | 39151 | 1299 | 3/13/26 | 120 |  | 120 |
|  Sell | Goldman Sachs Bank USA | TWD | 16001 | 531 | 3/13/26 | 33 |  | 33 |
|  Sell | Citibank NA | TWD | 53368 | 1772 | 3/20/26 |  | (113) | (113) |
|  Sell | HSBC Bank USA | TWD | 53368 | 1772 | 3/20/26 |  | (114) | (114) |
|  Sell | Citibank NA | TWD | 13697 | 455 | 3/27/26 |  | (29) | (29) |
|  Sell | JP Morgan Chase Bank NA | TWD | 25476 | 846 | 3/27/26 |  | (27) | (27) |
|  Sell | UBS AG | TWD | 13697 | 455 | 3/27/26 |  | (32) | (32) |
|  Sell | HSBC Bank USA | TWD | 36350 | 1209 | 4/17/26 | 80 | (17) | 63 |
|  Sell | JP Morgan Chase Bank NA | TWD | 13200 | 439 | 4/17/26 |  | (17) | (17) |
|  Sell | UBS AG | TWD | 26225 | 872 | 4/17/26 |  | (18) | (18) |
|  Sell | HSBC Bank USA | TWD | 75600 | 2515 | 4/24/26 | 81 | (32) | 49 |
|  Sell | UBS AG | TWD | 86067 | 2868 | 5/15/26 | 163 |  | 163 |
|  Sell | Citibank NA | TWD | 24665 | 822 | 5/22/26 | 63 |  | 63 |
|  Sell | HSBC Bank USA | TWD | 49338 | 1644 | 5/22/26 | 120 |  | 120 |
|  Sell | HSBC Bank USA | TWD | 23181 | 773 | 5/29/26 | 84 |  | 84 |
|  Sell | JP Morgan Chase Bank NA | TWD | 23145 | 772 | 5/29/26 | 76 |  | 76 |
|  Sell | UBS AG | TWD | 23124 | 771 | 5/29/26 | 83 |  | 83 |
|  Sell | JP Morgan Chase Bank NA | TWD | 22716 | 758 | 6/5/26 | 66 |  | 66 |
|  Sell | UBS AG | TWD | 68164 | 2274 | 6/5/26 | 208 |  | 208 |
|  Sell | HSBC Bank USA | TWD | 11000 | 367 | 6/12/26 | 23 |  | 23 |
|  Sell | UBS AG | TWD | 21999 | 734 | 6/12/26 | 49 |  | 49 |
|  Sell | JP Morgan Chase Bank NA | TWD | 20648 | 690 | 6/26/26 | 58 |  | 58 |
|  Sell | UBS AG | TWD | 61852 | 2067 | 6/26/26 | 169 |  | 169 |
|  Sell | Citibank NA | TWD | 21770 | 728 | 7/10/26 | 8 |  | 8 |
|  Sell | Bank of America NA | TWD | 23988 | 802 | 7/17/26 | 63 |  | 63 |
|  Sell | Barclays Bank PLC | TWD | 24000 | 803 | 7/17/26 | 64 |  | 64 |
|  Sell | Citibank NA | TWD | 24000 | 803 | 7/17/26 | 60 |  | 60 |
|  Sell | HSBC Bank USA | TWD | 24012 | 803 | 7/17/26 | 62 |  | 62 |
|  Sell | Citibank NA | TWD | 35250 | 1179 | 7/24/26 | 51 |  | 51 |
|  Sell | Standard Chartered Bank | TWD | 22248 | 744 | 7/24/26 | 40 |  | 40 |
|  Sell | Citibank NA | TWD | 91002 | 3048 | 8/7/26 | 113 |  | 113 |
|  Sell | HSBC Bank USA | TWD | 28250 | 947 | 8/28/26 | 12 |  | 12 |
|  Sell | Standard Chartered Bank | TWD | 28250 | 947 | 8/28/26 | 12 |  | 12 |
|  Sell | Bank of America NA | TWD | 21493 | 721 | 9/11/26 | 20 |  | 20 |
|  Sell | Citibank NA | TWD | 21500 | 722 | 9/11/26 | 23 |  | 23 |
|  Sell | UBS AG | TWD | 43007 | 1443 | 9/11/26 | 42 |  | 42 |
|  Sell | Bank of America NA | TWD | 23000 | 772 | 9/18/26 | 29 |  | 29 |
|  Sell | Citibank NA | TWD | 23000 | 772 | 9/18/26 | 28 |  | 28 |
|  Sell | State Street Bank And Trust Company | TWD | 23000 | 772 | 9/18/26 | 22 |  | 22 |
|  |  |  |  |  |  | $2616 | $(1441) | $1175 |

---

**4** 

------

International Equity Portfolio

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Financial Derivative Assets (000's) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Financial Derivative Assets (000's) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Financial Derivative Assets (000's) | | Financial Derivative Liabilities (000's) | Financial Derivative Liabilities (000's) | Financial Derivative Liabilities (000's) |
|  | Forward<br> Foreign<br> Currency<br> Contracts | Swaps | Total | Forward<br> Foreign<br> Currency<br> Contracts | Options | Swaps | Total |
|  Total Over the Counter Derivatives | $2616 |  | $2616 | $(1441) |  |  | $(1441) |

---

+ All par is stated in U.S. Dollar unless otherwise noted.

\* Non income producing

---

| | |
|:---|:---|
| @ | At September 30, 2025, the aggregate cost of investments, including derivatives, for federal tax purposes (in thousands) was $1,821,721 and the net unrealized appreciation of investments based on that cost was $477,991 which is comprised of $595,708 aggregate gross unrealized appreciation and $117,717 aggregate gross unrealized depreciation. Because tax adjustments are calculated annually, these amounts do not reflect tax adjustments. For the previous fiscal year's federaI income tax information, please refer to the Notes to the Financial Statements section in the Portfolio's most recent annual report.  |

---

---

| | |
|:---|:---|
| π | Amount is less than one thousand.  |

---

**5** 

------

International Equity Portfolio

The Fair Value Measurements and Disclosures Topic of the FASB Accounting Standards Codification defines fair value as the price that a Fund would receive to sell an asset or pay to transfer a liability in an orderly transaction between market participants at the measurement date. It establishes and requires disclosure of a fair value hierarchy, separately for each major category of asset and liability, which segregates fair value measurements into levels. A summary of the fair value hierarchy is described below:

Level 1 - fair value is determined by unadjusted quoted prices in active markets for identical securities or derivatives

Level 2 - fair value is determined by other significant observable inputs

Level 3 - fair value is determined by significant unobservable inputs

The categorization of a value determined for a financial instrument within the hierarchy is based upon the pricing transparency of the instrument and does not necessarily correspond to the Portfolio's perceived risk of that instrument.

The following is a summary of the inputs used in valuing the Portfolio's Investments at September 30, 2025.

---

| | | | |
|:---|:---|:---|:---|
|  | Valuation Inputs | Valuation Inputs | Valuation Inputs |
| **Description** | **Level 1 - Quoted**<br> **Prices** | **Level 2 - Other**<br> **Significant**<br> **Observable Inputs** | **Level 3**<br> **- Significant** <br> **Unobservable** <br> **Inputs** |
|  |  | *(Amounts in thousands)* |  |
|  Assets: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Common Stocks |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Communication Services | $53857 | $87957 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Consumer Discretionary | 167910 | 80761 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Consumer Staples | 17683 | 154612 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Energy | 54838 | 64637 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Financials | 76394 | 491226 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Health Care | 9763 | 325296 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Industrials | 71105 | 168676 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Information Technology | 36991 | 148355 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Materials | 81971 | 108171 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Real Estate |  | 27634 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Preferred Stocks |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Financials | 56771 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Information Technology |  | 13929 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Other Financial lnstruments^ |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Forward Foreign Currency Contracts |  | 2616 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Assets: | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;627283 | $1673870 | $— |
|  Liabilities: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Other Financial lnstruments^ |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Forward Foreign Currency Contracts |  | (1441) |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Liabilities: | $— | $(1441) | $— |

---

^ Other financial instruments are derivative instruments such as futures and forward foreign currency contracts, which are valued at the unrealized appreciation (depreciation) on the instrument, and securities sold short, reverse repurchase agreements, written options and swaps contracts, which are valued at market value.

**6** 

------

Abbreviations (unaudited)

**Abbreviations that may be used in the preceding statements** 

---

| | |
|:---|:---|
|  ADR | American Depositary Receipt |
|  AFC | Available Funds Cap security - Security accrues interest at an assumed or uncapped rate. If the interest rate on the underlying loans is lower than the uncapped rate, then the security will pay at the lower rate. |
|  CSTR | Collateral Strip Rate security - interest is based on the weighted net interest rate of the collateral. |
|  IO | Interest Only Security |
|  PO | Principal Only Security |
|  RB | Revenue Bond |
|  CPURNSA | U.S. Consumer Price Index - All Urban Consumers - Not Seasonally Adjusted |
|  IBOR | Interbank Offered Rate |
|  LIBOR | London Interbank Offered Rate |
|  SOFR | Secured Overnight Financing Rate |
|  CME | Chicago Mercantile Exchange |
|  ICE | Intercontinental Exchange |
|  FTSE | Financial Times Stock Exchange |
|  SONIO | Sterling Overnight Interbank Average Rate |
|  MUTKCALM | Bank of Japan Unsecured Overnight Call Rate |
|  DAC | Designated Activity Company |
|  RSC | Restricted Scope Company |
|  KSC | Kuwait Shareholding Company |
|  TBA | To Be Announced |
|  CMT | Constant Maturity Treasury |
|  OIS | Overnight Index Swaps |
|  BBR | Bank Bill Rate |
|  BBSW | Bank Bill Swap Reference Rate |
|  DIFC | Dubai International Financial Centre |
|  EURIBOR | Euro Interbank Offered Rate |
|  PRIBOR | Prague Interbank Offered Rate |
|  SDR | Swedish Depository Receipt |
|  ETF | Exchange Traded Fund |
|  **Currency Abbreviations** | **Currency Abbreviations** |
|  AED | United Arab Emirates Dirham |
|  AUD | Australian Dollar |
|  BRL | Brazilian Real |
|  CAD | Canadian Dollar |
|  CHF | Swiss Franc |
|  CNH | Chinese Yuan Renminbi - Offshore |
|  CNY | Chinese Yuan Renminbi |
|  CZK | Czech Koruna |
|  DKK | Danish Krone |
|  EGP | Egyptian Pound |
|  EUR | Euro |
|  GBP | British Pound |
|  HKD | Hong Kong Dollar |
|  IDR | Indonesian Rupiah |
|  ILS | Israeli Shekel |
|  INR | Indian Rupee |
|  JPY | Japanese Yen |
|  KRW | South Korean Won |
|  MXN | Mexican New Peso |
|  NGN | Nigerian Naira |
|  NOK | Norwegian Krone |
|  NZD | New Zealand Dollar |
|  PEN | Peruvian Sol |
|  PLN | Polish Zloty |
|  RUB | Russian Ruble |
|  SAR | Saudi Riyal |
|  SEK | Swedish Krona |
|  SGD | Singapore Dollar |
|  THB | Thai Baht |
|  TRY | Turkish Lira |
|  TWD | Taiwan Dollar |
|  USD | United States Dollar |
|  ZAR | South African Rand |

---

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** NORTHWESTERN MUTUAL SERIES FUND INC

- **b. Investment Company Act file number:** 811-03990

- **c. CIK number of Registrant:** 0000742212

- **d. LEI of Registrant:** 549300T1UBX7MDSNZA55

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

  - **Street Address 1:** 720 E WISCONSIN AVE

  - **City:** MILWAUKEE

  - **State:** WI

  - **Foreign country:** US

  - **Zip / Postal Code:** 53202

  - **Telephone number:** 414-271-1444

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

- **a. Name of Series:** International Equity Portfolio

- **b. EDGAR series identifier (if any):** S000000052

- **c. LEI of Series:** 5493009J2EF7GK480170

**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:** $2342451774.85

**Total Liabilities:** $7297231.13

**Net Assets:** $2335154543.72

**Cash Not Reported:** $32797030.55

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000000087 | -0.10%               | 4.05%                | 3.48%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $17225731.69             | $-21964449.35                              |
| Month 2  | $14842822.59             | $72457067.79                               |
| Month 3  | $-3635393.76             | $76278430.70                               |

**Designated Index Information**

- **Index Name:** Securities Portfolio VaR

- **Index Identifier:** Designated Reference Portfolio is the Fund`s Securities Portfolio

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| HSBC Bank USA NA                          | PURCHASED USD / SOLD CNH                  | CUSIP: 000000000<br>LEI: 1IE8VN30JCEQV1H4R804 | N/A              | DFE              |  | US        |         1 | NC      | $4118.55      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| HSBC Bank USA NA                          | PURCHASED USD / SOLD CNH                  | CUSIP: 000000000<br>LEI: 1IE8VN30JCEQV1H4R804 | N/A              | DFE              |  | US        |         1 | NC      | $2402.81      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Bank of America NA                        | PURCHASED USD / SOLD TWD                  | CUSIP: 000000000<br>LEI: B4TYDEB6GKMZO031MB27 | N/A              | DFE              |  | US        |         1 | NC      | $29039.42     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| NetEase Inc                               | NetEase Inc                               | CUSIP: 64110W102<br>LEI: 5299004AF4DSJDB0PA32 | Long             | EC               | CORP              | KY        |     84300 | NS      | $12812757.00  | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan Chase Bank NA                    | PURCHASED USD / SOLD CNH                  | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DFE              |  | US        |         1 | NC      | $2106.27      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| HSBC Bank USA NA                          | PURCHASED USD / SOLD CNH                  | CUSIP: 000000000<br>LEI: 1IE8VN30JCEQV1H4R804 | N/A              | DFE              |  | US        |         1 | NC      | $9428.73      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Imperial Brands PLC                       | Imperial Brands PLC                       | CUSIP: 000000000<br>LEI: 549300DFVPOB67JL3A42 | Long             | EC               | CORP              | GB        |    840000 | NS      | $35682945.81  | 1.53%             |  |  |  | No            |                  2 | On Loan: No      |
| Bank of America NA                        | PURCHASED USD / SOLD TWD                  | CUSIP: 000000000<br>LEI: B4TYDEB6GKMZO031MB27 | N/A              | DFE              |  | US        |         1 | NC      | $63205.96     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                               | PURCHASED USD / SOLD TWD                  | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              |  | US        |         1 | NC      | $-56452.63    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Standard Chartered Bank                   | PURCHASED USD / SOLD TWD                  | CUSIP: 000000000<br>LEI: RILFO74KP1CM8P6PCT96 | N/A              | DFE              |  | US        |         1 | NC      | $12076.63     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Bank of America NA                        | PURCHASED USD / SOLD CNH                  | CUSIP: 000000000<br>LEI: B4TYDEB6GKMZO031MB27 | N/A              | DFE              |  | US        |         1 | NC      | $1594.85      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Standard Chartered Bank                   | PURCHASED USD / SOLD CNH                  | CUSIP: 000000000<br>LEI: RILFO74KP1CM8P6PCT96 | N/A              | DFE              |  | US        |         1 | NC      | $-16468.72    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                               | PURCHASED USD / SOLD TWD                  | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              |  | US        |         1 | NC      | $-31377.89    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| HSBC Bank USA NA                          | PURCHASED USD / SOLD CNH                  | CUSIP: 000000000<br>LEI: 1IE8VN30JCEQV1H4R804 | N/A              | DFE              |  | US        |         1 | NC      | $7415.35      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| XP Inc                                    | XP Inc                                    | CUSIP: 000000000<br>LEI: 5493008KDA8NBZRJST80 | Long             | EC               | CORP              | KY        |    603300 | NS      | $11336007.00  | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Morgan Stanley & Co. International PLC    | PURCHASED USD / SOLD TWD                  | CUSIP: 000000000<br>LEI: 4PQUHN3JPFGFNF3BB653 | N/A              | DFE              |  | US        |         1 | NC      | $-30031.49    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank NA                    | PURCHASED USD / SOLD TWD                  | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DFE              |  | US        |         1 | NC      | $-17008.14    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank NA                    | PURCHASED USD / SOLD TWD                  | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DFE              |  | US        |         1 | NC      | $-48907.69    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| BioNTech SE                               | BioNTech SE                               | CUSIP: 09075V102<br>LEI: 894500UZJ5LG1F8J1U58 | Long             | EC               | CORP              | DE        |     99000 | NS      | $9763380.00   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Beiersdorf AG                             | Beiersdorf AG                             | CUSIP: 000000000<br>LEI: L47NHHI0Z9X22DV46U41 | Long             | EC               | CORP              | DE        |    171000 | NS      | $17890462.04  | 0.77%             |  |  |  | No            |                  2 | On Loan: No      |
| Axis Bank Ltd                             | Axis Bank Ltd                             | CUSIP: 000000000<br>LEI: 549300HVNWMJPOFVNI41 | Long             | EC               | CORP              | IN        |   2619600 | NS      | $33397814.45  | 1.43%             |  |  |  | No            |                  2 | On Loan: No      |
| Standard Chartered Bank                   | PURCHASED USD / SOLD TWD                  | CUSIP: 000000000<br>LEI: RILFO74KP1CM8P6PCT96 | N/A              | DFE              |  | US        |         1 | NC      | $514.71       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| HSBC Bank USA NA                          | PURCHASED USD / SOLD CNH                  | CUSIP: 000000000<br>LEI: 1IE8VN30JCEQV1H4R804 | N/A              | DFE              |  | US        |         1 | NC      | $-9042.22     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Goldman Sachs Bank USA                    | PURCHASED USD / SOLD TWD                  | CUSIP: 000000000<br>LEI: KD3XUN7C6T14HNAYLU02 | N/A              | DFE              |  | US        |         1 | NC      | $8059.08      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank NA                    | PURCHASED USD / SOLD CNH                  | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DFE              |  | US        |         1 | NC      | $522.80       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| BP PLC                                    | BP PLC                                    | CUSIP: 000000000<br>LEI: 213800LH1BZH3DI6G760 | Long             | EC               | CORP              | GB        |   2522000 | NS      | $14467311.99  | 0.62%             |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                               | PURCHASED USD / SOLD TWD                  | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              |  | US        |         1 | NC      | $59720.19     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank NA                    | PURCHASED USD / SOLD TWD                  | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DFE              |  | US        |         1 | NC      | $-27070.83    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Barclays Bank PLC                         | PURCHASED USD / SOLD CNH                  | CUSIP: 000000000<br>LEI: G5GSEF7VJP5I7OUK5573 | N/A              | DFE              |  | US        |         1 | NC      | $-13140.21    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| HSBC Bank USA NA                          | PURCHASED USD / SOLD CNH                  | CUSIP: 000000000<br>LEI: 1IE8VN30JCEQV1H4R804 | N/A              | DFE              |  | US        |         1 | NC      | $-9221.93     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                               | PURCHASED USD / SOLD TWD                  | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              |  | US        |         1 | NC      | $33982.78     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| UBS AG                                    | PURCHASED USD / SOLD TWD                  | CUSIP: 000000000<br>LEI: BFM8T61CT2L1QCEMIK50 | N/A              | DFE              |  | US        |         1 | NC      | $39683.71     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| HSBC Bank USA NA                          | PURCHASED USD / SOLD TWD                  | CUSIP: 000000000<br>LEI: 1IE8VN30JCEQV1H4R804 | N/A              | DFE              |  | US        |         1 | NC      | $81053.52     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                               | PURCHASED USD / SOLD CNH                  | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              |  | US        |         1 | NC      | $-13199.39    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank NA                    | PURCHASED USD / SOLD CNH                  | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DFE              |  | US        |         1 | NC      | $10944.15     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| HSBC Bank USA NA                          | PURCHASED USD / SOLD TWD                  | CUSIP: 000000000<br>LEI: 1IE8VN30JCEQV1H4R804 | N/A              | DFE              |  | US        |         1 | NC      | $-17183.42    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Bank of America NA                        | PURCHASED TWD / SOLD USD                  | CUSIP: 000000000<br>LEI: B4TYDEB6GKMZO031MB27 | N/A              | DFE              |  | TW        |         1 | NC      | $-5639.89     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Liberty Global Ltd                        | Liberty Global Ltd                        | CUSIP: 000000000<br>LEI: 213800HRMKKTYH7SKA24 | Long             | EC               | CORP              | BM        |    155000 | NS      | $1776300.00   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| UBS AG                                    | PURCHASED USD / SOLD CNH                  | CUSIP: 000000000<br>LEI: BFM8T61CT2L1QCEMIK50 | N/A              | DFE              |  | US        |         1 | NC      | $3521.37      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                               | PURCHASED USD / SOLD TWD                  | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              |  | US        |         1 | NC      | $21654.25     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Standard Chartered Bank                   | PURCHASED USD / SOLD TWD                  | CUSIP: 000000000<br>LEI: RILFO74KP1CM8P6PCT96 | N/A              | DFE              |  | US        |         1 | NC      | $39741.53     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| IndusInd Bank Ltd                         | IndusInd Bank Ltd                         | CUSIP: 000000000<br>LEI: 335800JDVJ8HSXG9G512 | Long             | EC               | CORP              | IN        |    687731 | NS      | $5700631.13   | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| Olympus Corp                              | Olympus Corp                              | CUSIP: 000000000<br>LEI: 5299000Y52IFDI1I2A21 | Long             | EC               | CORP              | JP        |    864000 | NS      | $10946610.49  | 0.47%             |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank NA                    | PURCHASED USD / SOLD CNH                  | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DFE              |  | US        |         1 | NC      | $7513.74      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| HSBC Bank USA NA                          | PURCHASED USD / SOLD CNH                  | CUSIP: 000000000<br>LEI: 1IE8VN30JCEQV1H4R804 | N/A              | DFE              |  | US        |         1 | NC      | $23615.63     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| HSBC Bank USA NA                          | PURCHASED USD / SOLD CNH                  | CUSIP: 000000000<br>LEI: 1IE8VN30JCEQV1H4R804 | N/A              | DFE              |  | US        |         1 | NC      | $-5398.37     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Holcim AG                                 | Holcim AG                                 | CUSIP: 000000000<br>LEI: 529900EHPFPYHV6IQO98 | Long             | EC               | CORP              | CH        |    265611 | NS      | $22605399.97  | 0.97%             |  |  |  | No            |                  2 | On Loan: No      |
| HSBC Bank USA NA                          | PURCHASED USD / SOLD TWD                  | CUSIP: 000000000<br>LEI: 1IE8VN30JCEQV1H4R804 | N/A              | DFE              |  | US        |         1 | NC      | $60438.01     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| UBS AG                                    | PURCHASED USD / SOLD CNH                  | CUSIP: 000000000<br>LEI: BFM8T61CT2L1QCEMIK50 | N/A              | DFE              |  | US        |         1 | NC      | $-3144.12     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                               | PURCHASED TWD / SOLD USD                  | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              |  | TW        |         1 | NC      | $-11211.42    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| BNP Paribas SA                            | BNP Paribas SA                            | CUSIP: 000000000<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | EC               | CORP              | FR        |    809800 | NS      | $73819921.61  | 3.16%             |  |  |  | No            |                  2 | On Loan: No      |
| Bank of America NA                        | PURCHASED USD / SOLD TWD                  | CUSIP: 000000000<br>LEI: B4TYDEB6GKMZO031MB27 | N/A              | DFE              |  | US        |         1 | NC      | $19594.47     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                               | PURCHASED USD / SOLD CNH                  | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              |  | US        |         1 | NC      | $-23935.01    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Bank of America NA                        | PURCHASED USD / SOLD CNH                  | CUSIP: 000000000<br>LEI: B4TYDEB6GKMZO031MB27 | N/A              | DFE              |  | US        |         1 | NC      | $2779.46      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Goldman Sachs Bank USA                    | PURCHASED USD / SOLD TWD                  | CUSIP: 000000000<br>LEI: KD3XUN7C6T14HNAYLU02 | N/A              | DFE              |  | US        |         1 | NC      | $32657.53     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Samsung Electronics Co Ltd                | Samsung Electronics Co Ltd                | CUSIP: 000000000<br>LEI: 9884007ER46L6N7EI764 | Long             | EC               | CORP              | KR        |     40000 | NS      | $2404255.10   | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| HSBC Bank USA NA                          | PURCHASED USD / SOLD CNH                  | CUSIP: 000000000<br>LEI: 1IE8VN30JCEQV1H4R804 | N/A              | DFE              |  | US        |         1 | NC      | $2669.09      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Morgan Stanley & Co. International PLC    | PURCHASED USD / SOLD CNH                  | CUSIP: 000000000<br>LEI: 4PQUHN3JPFGFNF3BB653 | N/A              | DFE              |  | US        |         1 | NC      | $3378.31      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| State Street Bank & Trust Co.             | PURCHASED USD / SOLD TWD                  | CUSIP: 000000000<br>LEI: 571474TGEMMWANRLN572 | N/A              | DFE              |  | US        |         1 | NC      | $22143.98     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                               | PURCHASED USD / SOLD TWD                  | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              |  | US        |         1 | NC      | $941.38       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| UBS AG                                    | PURCHASED USD / SOLD CNH                  | CUSIP: 000000000<br>LEI: BFM8T61CT2L1QCEMIK50 | N/A              | DFE              |  | US        |         1 | NC      | $-9415.43     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Morgan Stanley & Co. International PLC    | PURCHASED USD / SOLD CNH                  | CUSIP: 000000000<br>LEI: 4PQUHN3JPFGFNF3BB653 | N/A              | DFE              |  | US        |         1 | NC      | $-14333.59    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| UBS AG                                    | PURCHASED TWD / SOLD USD                  | CUSIP: 000000000<br>LEI: BFM8T61CT2L1QCEMIK50 | N/A              | DFE              |  | TW        |         1 | NC      | $-6944.99     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| HSBC Bank USA NA                          | PURCHASED USD / SOLD TWD                  | CUSIP: 000000000<br>LEI: 1IE8VN30JCEQV1H4R804 | N/A              | DFE              |  | US        |         1 | NC      | $11913.69     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Akzo Nobel NV                             | Akzo Nobel NV                             | CUSIP: 000000000<br>LEI: 724500XYIJUGXAA5QD70 | Long             | EC               | CORP              | NL        |    532100 | NS      | $37901937.82  | 1.62%             |  |  |  | No            |                  2 | On Loan: No      |
| UBS AG                                    | PURCHASED USD / SOLD TWD                  | CUSIP: 000000000<br>LEI: BFM8T61CT2L1QCEMIK50 | N/A              | DFE              |  | US        |         1 | NC      | $24018.21     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                               | PURCHASED USD / SOLD TWD                  | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              |  | US        |         1 | NC      | $56598.82     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Bank of America NA                        | PURCHASED USD / SOLD TWD                  | CUSIP: 000000000<br>LEI: B4TYDEB6GKMZO031MB27 | N/A              | DFE              |  | US        |         1 | NC      | $33268.59     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Reckitt Benckiser Group PLC               | Reckitt Benckiser Group PLC               | CUSIP: 000000000<br>LEI: 5493003JFSMOJG48V108 | Long             | EC               | CORP              | GB        |    288000 | NS      | $22242447.03  | 0.95%             |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                               | PURCHASED USD / SOLD TWD                  | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              |  | US        |         1 | NC      | $62993.86     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| HSBC Bank USA NA                          | PURCHASED USD / SOLD CNH                  | CUSIP: 000000000<br>LEI: 1IE8VN30JCEQV1H4R804 | N/A              | DFE              |  | US        |         1 | NC      | $9476.87      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Daito Trust Construction Co Ltd           | Daito Trust Construction Co Ltd           | CUSIP: 000000000<br>LEI: 353800QQ4DRI3KXS3038 | Long             | EC               | CORP              | JP        |    488000 | NS      | $10703584.92  | 0.46%             |  |  |  | No            |                  2 | On Loan: No      |
| Bank of America NA                        | PURCHASED USD / SOLD TWD                  | CUSIP: 000000000<br>LEI: B4TYDEB6GKMZO031MB27 | N/A              | DFE              |  | US        |         1 | NC      | $12492.20     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| HSBC Bank USA NA                          | PURCHASED USD / SOLD TWD                  | CUSIP: 000000000<br>LEI: 1IE8VN30JCEQV1H4R804 | N/A              | DFE              |  | US        |         1 | NC      | $-26923.66    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank NA                    | PURCHASED USD / SOLD CNH                  | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DFE              |  | US        |         1 | NC      | $2704.03      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Roche Holding AG                          | Roche Holding AG                          | CUSIP: 000000000<br>LEI: 549300U41AUUVOAAOB37 | Long             | EC               | CORP              | CH        |    127500 | NS      | $41964234.13  | 1.80%             |  |  |  | No            |                  2 | On Loan: No      |
| Alibaba Group Holding Ltd                 | Alibaba Group Holding Ltd                 | CUSIP: 01609W102<br>LEI: 5493001NTNQJDH60PM02 | Long             | EC               | CORP              | KY        |    295600 | NS      | $52832588.00  | 2.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Daikin Industries Ltd                     | Daikin Industries Ltd                     | CUSIP: 000000000<br>LEI: 549300Y7FWSTSHMW5Y57 | Long             | EC               | CORP              | JP        |    142000 | NS      | $16337383.06  | 0.70%             |  |  |  | No            |                  2 | On Loan: No      |
| UBS AG                                    | PURCHASED TWD / SOLD USD                  | CUSIP: 000000000<br>LEI: BFM8T61CT2L1QCEMIK50 | N/A              | DFE              |  | TW        |         1 | NC      | $-5286.70     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| TotalEnergies SE                          | TotalEnergies SE                          | CUSIP: 000000000<br>LEI: 529900S21EQ1BO4ESM68 | Long             | EC               | CORP              | FR        |    738600 | NS      | $45070089.10  | 1.93%             |  |  |  | No            |                  2 | On Loan: No      |
| HSBC Bank USA NA                          | PURCHASED USD / SOLD CNH                  | CUSIP: 000000000<br>LEI: 1IE8VN30JCEQV1H4R804 | N/A              | DFE              |  | US        |         1 | NC      | $2516.17      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Itau Unibanco Holding SA                  | Itau Unibanco Holding SA                  | CUSIP: 000000000<br>LEI: 5493002W2IVG62O3ZJ94 | Long             | EP               | CORP              | BR        |   7733500 | NS      | $56770697.54  | 2.43%             |  |  |  | No            |                  1 | On Loan: No      |
| HSBC Bank USA NA                          | PURCHASED USD / SOLD CNH                  | CUSIP: 000000000<br>LEI: 1IE8VN30JCEQV1H4R804 | N/A              | DFE              |  | US        |         1 | NC      | $47801.19     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| UBS AG                                    | PURCHASED USD / SOLD CNH                  | CUSIP: 000000000<br>LEI: BFM8T61CT2L1QCEMIK50 | N/A              | DFE              |  | US        |         1 | NC      | $3341.50      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| UBS AG                                    | PURCHASED USD / SOLD TWD                  | CUSIP: 000000000<br>LEI: BFM8T61CT2L1QCEMIK50 | N/A              | DFE              |  | US        |         1 | NC      | $40242.64     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Koninklijke Philips NV                    | Koninklijke Philips NV                    | CUSIP: 000000000<br>LEI: H1FJE8H61JGM1JSGM897 | Long             | EC               | CORP              | NL        |    199708 | NS      | $5467114.36   | 0.23%             |  |  |  | No            |                  2 | On Loan: No      |
| Wal-Mart de Mexico SAB de CV              | Wal-Mart de Mexico SAB de CV              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | MX        |   5724500 | NS      | $17682855.00  | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Kering SA                                 | Kering SA                                 | CUSIP: 000000000<br>LEI: 549300VGEJKB7SVUZR78 | Long             | EC               | CORP              | FR        |     55000 | NS      | $18328548.35  | 0.78%             |  |  |  | No            |                  2 | On Loan: No      |
| HDFC Bank Ltd                             | HDFC Bank Ltd                             | CUSIP: 000000000<br>LEI: 335800ZQ6I4E2JXENC50 | Long             | EC               | CORP              | IN        |   3662600 | NS      | $39240891.16  | 1.68%             |  |  |  | No            |                  2 | On Loan: No      |
| Millicom International Cellular SA        | Millicom International Cellular SA        | CUSIP: 000000000<br>LEI: 549300CTHC1CP86P2G96 | Long             | EC               | CORP              | LU        |    309600 | NS      | $15027984.00  | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Citibank NA                               | PURCHASED USD / SOLD TWD                  | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              |  | US        |         1 | NC      | $40936.10     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Coupang Inc                               | Coupang Inc                               | CUSIP: 22266T109<br>LEI: 549300XR4L1D80AK4W76 | Long             | EC               | CORP              | US        |   1249800 | NS      | $40243560.00  | 1.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Willis Towers Watson PLC                  | Willis Towers Watson PLC                  | CUSIP: 000000000<br>LEI: 549300WHC56FF48KL350 | Long             | EC               | CORP              | IE        |     45970 | NS      | $15880336.50  | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Johnson Controls International plc        | Johnson Controls International plc        | CUSIP: 000000000<br>LEI: 549300XQ6S1GYKGBL205 | Long             | EC               | CORP              | IE        |    646700 | NS      | $71104665.00  | 3.04%             |  |  |  | No            |                  1 | On Loan: No      |
| UBS AG                                    | PURCHASED USD / SOLD CNH                  | CUSIP: 000000000<br>LEI: BFM8T61CT2L1QCEMIK50 | N/A              | DFE              |  | US        |         1 | NC      | $-101774.50   | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                               | PURCHASED USD / SOLD TWD                  | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              |  | US        |         1 | NC      | $22991.07     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| UBS AG                                    | PURCHASED USD / SOLD TWD                  | CUSIP: 000000000<br>LEI: BFM8T61CT2L1QCEMIK50 | N/A              | DFE              |  | US        |         1 | NC      | $55185.22     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Suncor Energy Inc                         | Suncor Energy Inc                         | CUSIP: 867224107<br>LEI: 549300W70ZOQDVLCHY06 | Long             | EC               | CORP              | CA        |    832700 | NS      | $34815187.00  | 1.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Citibank NA                               | PURCHASED USD / SOLD TWD                  | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              |  | US        |         1 | NC      | $-56401.06    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| GSK PLC                                   | GSK PLC                                   | CUSIP: 000000000<br>LEI: 5493000HZTVUYLO1D793 | Long             | EC               | CORP              | GB        |   3088800 | NS      | $66410238.53  | 2.84%             |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                               | PURCHASED USD / SOLD TWD                  | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              |  | US        |         1 | NC      | $17448.76     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| UBS AG                                    | PURCHASED USD / SOLD TWD                  | CUSIP: 000000000<br>LEI: BFM8T61CT2L1QCEMIK50 | N/A              | DFE              |  | US        |         1 | NC      | $41523.32     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Smiths Group PLC                          | Smiths Group PLC                          | CUSIP: 000000000<br>LEI: 213800MJL6IPZS3ASA11 | Long             | EC               | CORP              | GB        |    790400 | NS      | $25214026.82  | 1.08%             |  |  |  | No            |                  2 | On Loan: No      |
| HSBC Bank USA NA                          | PURCHASED USD / SOLD TWD                  | CUSIP: 000000000<br>LEI: 1IE8VN30JCEQV1H4R804 | N/A              | DFE              |  | US        |         1 | NC      | $-16671.46    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                               | PURCHASED TWD / SOLD USD                  | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              |  | TW        |         1 | NC      | $-1177.35     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Bank of America NA                        | PURCHASED USD / SOLD TWD                  | CUSIP: 000000000<br>LEI: B4TYDEB6GKMZO031MB27 | N/A              | DFE              |  | US        |         1 | NC      | $5169.06      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| HSBC Bank USA NA                          | PURCHASED USD / SOLD TWD                  | CUSIP: 000000000<br>LEI: 1IE8VN30JCEQV1H4R804 | N/A              | DFE              |  | US        |         1 | NC      | $-47474.92    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                               | PURCHASED USD / SOLD TWD                  | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              |  | US        |         1 | NC      | $18498.22     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| adidas AG                                 | adidas AG                                 | CUSIP: 000000000<br>LEI: 549300JSX0Z4CW0V5023 | Long             | EC               | CORP              | DE        |     26000 | NS      | $5483957.91   | 0.23%             |  |  |  | No            |                  2 | On Loan: No      |
| Linde PLC                                 | Linde PLC                                 | CUSIP: 000000000<br>LEI: 5299003QR1WT0EF88V51 | Long             | EC               | CORP              | IE        |     51600 | NS      | $24510000.00  | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| HSBC Bank USA NA                          | PURCHASED USD / SOLD TWD                  | CUSIP: 000000000<br>LEI: 1IE8VN30JCEQV1H4R804 | N/A              | DFE              |  | US        |         1 | NC      | $80294.44     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| HSBC Bank USA NA                          | PURCHASED USD / SOLD CNH                  | CUSIP: 000000000<br>LEI: 1IE8VN30JCEQV1H4R804 | N/A              | DFE              |  | US        |         1 | NC      | $-14787.50    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| HSBC Bank USA NA                          | PURCHASED USD / SOLD TWD                  | CUSIP: 000000000<br>LEI: 1IE8VN30JCEQV1H4R804 | N/A              | DFE              |  | US        |         1 | NC      | $-26789.66    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| HSBC Bank USA NA                          | PURCHASED USD / SOLD CNH                  | CUSIP: 000000000<br>LEI: 1IE8VN30JCEQV1H4R804 | N/A              | DFE              |  | US        |         1 | NC      | $-4414.72     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| HSBC Bank USA NA                          | PURCHASED USD / SOLD CNH                  | CUSIP: 000000000<br>LEI: 1IE8VN30JCEQV1H4R804 | N/A              | DFE              |  | US        |         1 | NC      | $8042.15      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Morgan Stanley & Co. International PLC    | PURCHASED USD / SOLD CNH                  | CUSIP: 000000000<br>LEI: 4PQUHN3JPFGFNF3BB653 | N/A              | DFE              |  | US        |         1 | NC      | $-14842.08    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Cellnex Telecom SA                        | Cellnex Telecom SA                        | CUSIP: 000000000<br>LEI: 5493008T4YG3AQUI7P67 | Long             | EC               | CORP              | ES        |    632300 | NS      | $21923469.84  | 0.94%             |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                               | PURCHASED USD / SOLD TWD                  | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              |  | US        |         1 | NC      | $5639.90      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                               | PURCHASED USD / SOLD TWD                  | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              |  | US        |         1 | NC      | $3525.53      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                               | PURCHASED USD / SOLD TWD                  | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              |  | US        |         1 | NC      | $28062.92     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| UBS AG                                    | PURCHASED USD / SOLD TWD                  | CUSIP: 000000000<br>LEI: BFM8T61CT2L1QCEMIK50 | N/A              | DFE              |  | US        |         1 | NC      | $40909.12     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| State Street Bank & Trust Co.             | PURCHASED USD / SOLD TWD                  | CUSIP: 000000000<br>LEI: 571474TGEMMWANRLN572 | N/A              | DFE              |  | US        |         1 | NC      | $3654.67      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                               | PURCHASED TWD / SOLD USD                  | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              |  | TW        |         1 | NC      | $-7940.50     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                               | PURCHASED USD / SOLD CNH                  | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              |  | US        |         1 | NC      | $-18258.36    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| TC Energy Corp                            | TC Energy Corp                            | CUSIP: 87807B107<br>LEI: 549300UGKOFV2IWJJG27 | Long             | EC               | CORP              | CA        |    368000 | NS      | $20022880.00  | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of America NA                        | PURCHASED USD / SOLD CNH                  | CUSIP: 000000000<br>LEI: B4TYDEB6GKMZO031MB27 | N/A              | DFE              |  | US        |         1 | NC      | $244.62       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Bank of America NA                        | PURCHASED USD / SOLD CNH                  | CUSIP: 000000000<br>LEI: B4TYDEB6GKMZO031MB27 | N/A              | DFE              |  | US        |         1 | NC      | $-31710.01    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Murata Manufacturing Co Ltd               | Murata Manufacturing Co Ltd               | CUSIP: 000000000<br>LEI: 529900QZG6DL8ZRI7140 | Long             | EC               | CORP              | JP        |    847500 | NS      | $16083350.56  | 0.69%             |  |  |  | No            |                  2 | On Loan: No      |
| UBS AG                                    | PURCHASED USD / SOLD TWD                  | CUSIP: 000000000<br>LEI: BFM8T61CT2L1QCEMIK50 | N/A              | DFE              |  | US        |         1 | NC      | $70399.05     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                               | PURCHASED USD / SOLD CNH                  | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              |  | US        |         1 | NC      | $2174.55      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank NA                    | PURCHASED USD / SOLD TWD                  | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DFE              |  | US        |         1 | NC      | $75927.28     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Fresenius Medical Care AG                 | Fresenius Medical Care AG                 | CUSIP: 000000000<br>LEI: 549300CP8NY40UP89Q40 | Long             | EC               | CORP              | DE        |    546728 | NS      | $28687743.47  | 1.23%             |  |  |  | No            |                  2 | On Loan: No      |
| HSBC Bank USA NA                          | PURCHASED USD / SOLD TWD                  | CUSIP: 000000000<br>LEI: 1IE8VN30JCEQV1H4R804 | N/A              | DFE              |  | US        |         1 | NC      | $-33914.72    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| State Street Bank & Trust Co.             | PURCHASED USD / SOLD CNY                  | CUSIP: 000000000<br>LEI: 571474TGEMMWANRLN572 | N/A              | DFE              |  | US        |         1 | NC      | $-1431.01     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| UBS AG                                    | PURCHASED USD / SOLD CNH                  | CUSIP: 000000000<br>LEI: BFM8T61CT2L1QCEMIK50 | N/A              | DFE              |  | US        |         1 | NC      | $-36160.97    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| HSBC Bank USA NA                          | PURCHASED USD / SOLD CNH                  | CUSIP: 000000000<br>LEI: 1IE8VN30JCEQV1H4R804 | N/A              | DFE              |  | US        |         1 | NC      | $-53.83       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank NA                    | PURCHASED USD / SOLD CNH                  | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DFE              |  | US        |         1 | NC      | $22292.70     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| UBS AG                                    | PURCHASED USD / SOLD TWD                  | CUSIP: 000000000<br>LEI: BFM8T61CT2L1QCEMIK50 | N/A              | DFE              |  | US        |         1 | NC      | $19594.47     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Stellantis NV                             | Stellantis NV                             | CUSIP: 000000000<br>LEI: 549300LKT9PW7ZIBDF31 | Long             | EC               | CORP              | NL        |   1554400 | NS      | $14387828.41  | 0.62%             |  |  |  | No            |                  2 | On Loan: No      |
| Deutsche Telekom AG                       | Deutsche Telekom AG                       | CUSIP: 000000000<br>LEI: 549300V9QSIG4WX4GJ96 | Long             | EC               | CORP              | DE        |    932700 | NS      | $31777602.96  | 1.36%             |  |  |  | No            |                  2 | On Loan: No      |
| Aviva PLC                                 | Aviva PLC                                 | CUSIP: 000000000<br>LEI: YF0Y5B0IB8SM0ZFG9G81 | Long             | EC               | CORP              | GB        |   3763000 | NS      | $34845800.05  | 1.49%             |  |  |  | No            |                  2 | On Loan: No      |
| HSBC Bank USA NA                          | PURCHASED USD / SOLD CNH                  | CUSIP: 000000000<br>LEI: 1IE8VN30JCEQV1H4R804 | N/A              | DFE              |  | US        |         1 | NC      | $2965.31      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Bank of America NA                        | PURCHASED USD / SOLD TWD                  | CUSIP: 000000000<br>LEI: B4TYDEB6GKMZO031MB27 | N/A              | DFE              |  | US        |         1 | NC      | $-27732.00    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Yum China Holdings Inc                    | Yum China Holdings Inc                    | CUSIP: 98850P109<br>LEI: 529900DO9BYZ7VA3K502 | Long             | EC               | CORP              | US        |    325900 | NS      | $13987628.00  | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Anheuser-Busch InBev SA/NV                | Anheuser-Busch InBev SA/NV                | CUSIP: 000000000<br>LEI: 5493008H3828EMEXB082 | Long             | EC               | CORP              | BE        |    523000 | NS      | $31273186.68  | 1.34%             |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank NA                    | PURCHASED USD / SOLD TWD                  | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DFE              |  | US        |         1 | NC      | $58044.16     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| HSBC Bank USA NA                          | PURCHASED TWD / SOLD USD                  | CUSIP: 000000000<br>LEI: 1IE8VN30JCEQV1H4R804 | N/A              | DFE              |  | TW        |         1 | NC      | $-759.45      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| State Street Bank & Trust Co.             | PURCHASED USD / SOLD CNY                  | CUSIP: 000000000<br>LEI: 571474TGEMMWANRLN572 | N/A              | DFE              |  | US        |         1 | NC      | $5097.73      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| UBS AG                                    | PURCHASED USD / SOLD TWD                  | CUSIP: 000000000<br>LEI: BFM8T61CT2L1QCEMIK50 | N/A              | DFE              |  | US        |         1 | NC      | $26555.45     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank NA                    | PURCHASED USD / SOLD TWD                  | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DFE              |  | US        |         1 | NC      | $11467.23     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                               | PURCHASED USD / SOLD TWD                  | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              |  | US        |         1 | NC      | $-30754.77    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| UBS AG                                    | PURCHASED USD / SOLD TWD                  | CUSIP: 000000000<br>LEI: BFM8T61CT2L1QCEMIK50 | N/A              | DFE              |  | US        |         1 | NC      | $-17508.07    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| NIDEC CORP                                | NIDEC CORP                                | CUSIP: 000000000<br>LEI: 353800IF171MZTNL6Y31 | Long             | EC               | CORP              | JP        |    642000 | NS      | $11402363.06  | 0.49%             |  |  |  | No            |                  2 | On Loan: No      |
| Barclays Bank PLC                         | PURCHASED USD / SOLD TWD                  | CUSIP: 000000000<br>LEI: G5GSEF7VJP5I7OUK5573 | N/A              | DFE              |  | US        |         1 | NC      | $64394.09     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| UBS AG                                    | PURCHASED USD / SOLD CNH                  | CUSIP: 000000000<br>LEI: BFM8T61CT2L1QCEMIK50 | N/A              | DFE              |  | US        |         1 | NC      | $2801.94      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Mitsubishi Chemical Group Corp            | Mitsubishi Chemical Group Corp            | CUSIP: 000000000<br>LEI: 353800YNKX4RQUGAR072 | Long             | EC               | CORP              | JP        |   1687000 | NS      | $9725986.23   | 0.42%             |  |  |  | No            |                  2 | On Loan: No      |
| Ashtead Group PLC                         | Ashtead Group PLC                         | CUSIP: 000000000<br>LEI: 2138007UTBN8X9K1A235 | Long             | EC               | CORP              | GB        |    543200 | NS      | $36503227.02  | 1.56%             |  |  |  | No            |                  2 | On Loan: No      |
| Julius Baer Group Ltd                     | Julius Baer Group Ltd                     | CUSIP: 000000000<br>LEI: 5299007MF0604ZGJER92 | Long             | EC               | CORP              | CH        |    258000 | NS      | $17944665.03  | 0.77%             |  |  |  | No            |                  2 | On Loan: No      |
| UBS AG                                    | PURCHASED USD / SOLD CNH                  | CUSIP: 000000000<br>LEI: BFM8T61CT2L1QCEMIK50 | N/A              | DFE              |  | US        |         1 | NC      | $-53.62       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| UBS AG                                    | PURCHASED USD / SOLD TWD                  | CUSIP: 000000000<br>LEI: BFM8T61CT2L1QCEMIK50 | N/A              | DFE              |  | US        |         1 | NC      | $68501.38     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Prosus NV                                 | Prosus NV                                 | CUSIP: 000000000<br>LEI: 635400Z5LQ5F9OLVT688 | Long             | EC               | CORP              | NL        |    308800 | NS      | $21899712.49  | 0.94%             |  |  |  | No            |                  2 | On Loan: No      |
| Danone SA                                 | Danone SA                                 | CUSIP: 000000000<br>LEI: 969500KMUQ2B6CBAF162 | Long             | EC               | CORP              | FR        |    278600 | NS      | $24272848.05  | 1.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Bank of America NA                        | PURCHASED USD / SOLD CNH                  | CUSIP: 000000000<br>LEI: B4TYDEB6GKMZO031MB27 | N/A              | DFE              |  | US        |         1 | NC      | $1578.64      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| HSBC Bank USA NA                          | PURCHASED CNH / SOLD USD                  | CUSIP: 000000000<br>LEI: 1IE8VN30JCEQV1H4R804 | N/A              | DFE              |  | CN        |         1 | NC      | $-1579.61     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| HSBC Bank USA NA                          | PURCHASED USD / SOLD CNH                  | CUSIP: 000000000<br>LEI: 1IE8VN30JCEQV1H4R804 | N/A              | DFE              |  | US        |         1 | NC      | $-41.16       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| UBS Group AG                              | UBS Group AG                              | CUSIP: 000000000<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | EC               | CORP              | CH        |   1388000 | NS      | $57058735.00  | 2.44%             |  |  |  | No            |                  2 | On Loan: No      |
| UBS AG                                    | PURCHASED USD / SOLD TWD                  | CUSIP: 000000000<br>LEI: BFM8T61CT2L1QCEMIK50 | N/A              | DFE              |  | US        |         1 | NC      | $69546.19     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| HSBC Bank USA NA                          | PURCHASED USD / SOLD TWD                  | CUSIP: 000000000<br>LEI: 1IE8VN30JCEQV1H4R804 | N/A              | DFE              |  | US        |         1 | NC      | $-15055.24    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| JD.com Inc                                | JD.com Inc                                | CUSIP: 47215P106<br>LEI: 549300HVTWB0GJZ16V92 | Long             | EC               | CORP              | KY        |    561800 | NS      | $19651764.00  | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| HSBC Bank USA NA                          | PURCHASED USD / SOLD CNH                  | CUSIP: 000000000<br>LEI: 1IE8VN30JCEQV1H4R804 | N/A              | DFE              |  | US        |         1 | NC      | $11332.77     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Aon PLC                                   | Aon PLC                                   | CUSIP: 000000000<br>LEI: 635400FALWQYX5E6QC64 | Long             | EC               | CORP              | IE        |     36872 | NS      | $13147817.76  | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Citibank NA                               | PURCHASED USD / SOLD CNH                  | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              |  | US        |         1 | NC      | $4884.96      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| UBS AG                                    | PURCHASED USD / SOLD TWD                  | CUSIP: 000000000<br>LEI: BFM8T61CT2L1QCEMIK50 | N/A              | DFE              |  | US        |         1 | NC      | $56691.05     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Baidu Inc                                 | Baidu Inc                                 | CUSIP: 056752108<br>LEI: 254900AL64IANZYI1E02 | Long             | EC               | CORP              | KY        |    120600 | NS      | $15891462.00  | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Amrize Ltd                                | Amrize Ltd                                | CUSIP: 000000000<br>LEI: 529900SLCCO6K43P8146 | Long             | EC               | CORP              | CH        |    208900 | NS      | $10123402.64  | 0.43%             |  |  |  | No            |                  2 | On Loan: No      |
| Hang Lung Group Ltd                       | Hang Lung Group Ltd                       | CUSIP: 000000000<br>LEI: 529900V2T2EPOQYH0981 | Long             | EC               | CORP              | HK        |   3500000 | NS      | $6601058.60   | 0.28%             |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                               | PURCHASED USD / SOLD CNH                  | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              |  | US        |         1 | NC      | $-23906.07    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Bayer AG                                  | Bayer AG                                  | CUSIP: 000000000<br>LEI: 549300J4U55H3WP1XT59 | Long             | EC               | CORP              | DE        |    901700 | NS      | $29897133.27  | 1.28%             |  |  |  | No            |                  2 | On Loan: No      |
| State Street Bank & Trust Co.             | PURCHASED USD / SOLD CNY                  | CUSIP: 000000000<br>LEI: 571474TGEMMWANRLN572 | N/A              | DFE              |  | US        |         1 | NC      | $1824.48      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Bank of America NA                        | PURCHASED TWD / SOLD USD                  | CUSIP: 000000000<br>LEI: B4TYDEB6GKMZO031MB27 | N/A              | DFE              |  | TW        |         1 | NC      | $-12492.21    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Sanofi SA                                 | Sanofi SA                                 | CUSIP: 000000000<br>LEI: 549300E9PC51EN656011 | Long             | EC               | CORP              | FR        |    561400 | NS      | $53065925.16  | 2.27%             |  |  |  | No            |                  2 | On Loan: No      |
| Aegon Ltd                                 | Aegon Ltd                                 | CUSIP: 000000000<br>LEI: O4QK7KMMK83ITNTHUG69 | Long             | EC               | CORP              | BM        |   1673700 | NS      | $13513957.54  | 0.58%             |  |  |  | No            |                  2 | On Loan: No      |
| Mitsubishi Electric Corp                  | Mitsubishi Electric Corp                  | CUSIP: 000000000<br>LEI: 549300TRXM9Y6561AX39 | Long             | EC               | CORP              | JP        |   1217000 | NS      | $31682699.50  | 1.36%             |  |  |  | No            |                  2 | On Loan: No      |
| Bank of America NA                        | PURCHASED USD / SOLD CNH                  | CUSIP: 000000000<br>LEI: B4TYDEB6GKMZO031MB27 | N/A              | DFE              |  | US        |         1 | NC      | $3246.66      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Bank of America NA                        | PURCHASED USD / SOLD TWD                  | CUSIP: 000000000<br>LEI: B4TYDEB6GKMZO031MB27 | N/A              | DFE              |  | US        |         1 | NC      | $1218.64      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| TE Connectivity PLC                       | TE Connectivity PLC                       | CUSIP: 000000000<br>LEI: 6367003TB6K484NFHE54 | Long             | EC               | CORP              | IE        |    168500 | NS      | $36990805.00  | 1.58%             |  |  |  | No            |                  1 | On Loan: No      |
| UBS AG                                    | PURCHASED USD / SOLD CNH                  | CUSIP: 000000000<br>LEI: BFM8T61CT2L1QCEMIK50 | N/A              | DFE              |  | US        |         1 | NC      | $-53.61       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Barclays PLC                              | Barclays PLC                              | CUSIP: 000000000<br>LEI: 213800LBQA1Y9L22JB70 | Long             | EC               | CORP              | GB        |  11494000 | NS      | $58938907.08  | 2.52%             |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank NA                    | PURCHASED USD / SOLD CNH                  | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DFE              |  | US        |         1 | NC      | $-12593.17    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                               | PURCHASED USD / SOLD TWD                  | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              |  | US        |         1 | NC      | $7973.94      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Bank of America NA                        | PURCHASED USD / SOLD TWD                  | CUSIP: 000000000<br>LEI: B4TYDEB6GKMZO031MB27 | N/A              | DFE              |  | US        |         1 | NC      | $-29797.38    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| HSBC Bank USA NA                          | PURCHASED USD / SOLD CNH                  | CUSIP: 000000000<br>LEI: 1IE8VN30JCEQV1H4R804 | N/A              | DFE              |  | US        |         1 | NC      | $-118.64      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| HSBC Bank USA NA                          | PURCHASED USD / SOLD CNH                  | CUSIP: 000000000<br>LEI: 1IE8VN30JCEQV1H4R804 | N/A              | DFE              |  | US        |         1 | NC      | $-5586.92     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| UBS AG                                    | PURCHASED USD / SOLD CNH                  | CUSIP: 000000000<br>LEI: BFM8T61CT2L1QCEMIK50 | N/A              | DFE              |  | US        |         1 | NC      | $3183.26      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| UBS AG                                    | PURCHASED USD / SOLD TWD                  | CUSIP: 000000000<br>LEI: BFM8T61CT2L1QCEMIK50 | N/A              | DFE              |  | US        |         1 | NC      | $83054.35     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| International Flavors & Fragrances Inc    | International Flavors & Fragrances Inc    | CUSIP: 459506101<br>LEI: BZLRL03D3GPGMOGFO832 | Long             | EC               | CORP              | US        |    308800 | NS      | $19003552.00  | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Citibank NA                               | PURCHASED USD / SOLD TWD                  | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              |  | US        |         1 | NC      | $34169.49     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Banco Santander SA                        | Banco Santander SA                        | CUSIP: 000000000<br>LEI: 5493006QMFDDMYWIAM13 | Long             | EC               | CORP              | ES        |   8441500 | NS      | $88224572.86  | 3.78%             |  |  |  | No            |                  2 | On Loan: No      |
| HSBC Bank USA NA                          | PURCHASED USD / SOLD CNH                  | CUSIP: 000000000<br>LEI: 1IE8VN30JCEQV1H4R804 | N/A              | DFE              |  | US        |         1 | NC      | $-9376.17     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| UBS AG                                    | PURCHASED USD / SOLD CNH                  | CUSIP: 000000000<br>LEI: BFM8T61CT2L1QCEMIK50 | N/A              | DFE              |  | US        |         1 | NC      | $-9356.53     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Diageo PLC                                | Diageo PLC                                | CUSIP: 000000000<br>LEI: 213800ZVIELEA55JMJ32 | Long             | EC               | CORP              | GB        |    767000 | NS      | $18259057.28  | 0.78%             |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                               | PURCHASED USD / SOLD TWD                  | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              |  | US        |         1 | NC      | $35725.85     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| SK Hynix Inc                              | SK Hynix Inc                              | CUSIP: 000000000<br>LEI: 988400XAIK6XISWQV045 | Long             | EC               | CORP              | KR        |     13800 | NS      | $3450452.91   | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| Grupo Televisa SAB                        | Grupo Televisa SAB                        | CUSIP: 40049J206<br>LEI: 549300O4AF0C816ILN62 | Long             | EC               | CORP              | MX        |   1850000 | NS      | $4976500.00   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| State Street Bank & Trust Co.             | PURCHASED USD / SOLD TWD                  | CUSIP: 000000000<br>LEI: 571474TGEMMWANRLN572 | N/A              | DFE              |  | US        |         1 | NC      | $-46124.41    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Haleon PLC                                | Haleon PLC                                | CUSIP: 000000000<br>LEI: 549300PSB3WWEODCUP19 | Long             | EC               | CORP              | GB        |   6049700 | NS      | $27326142.20  | 1.17%             |  |  |  | No            |                  2 | On Loan: No      |
| UBS AG                                    | PURCHASED USD / SOLD TWD                  | CUSIP: 000000000<br>LEI: BFM8T61CT2L1QCEMIK50 | N/A              | DFE              |  | US        |         1 | NC      | $57419.26     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Deutsche Post AG                          | Deutsche Post AG                          | CUSIP: 000000000<br>LEI: 8ER8GIG7CSMVD8VUFE78 | Long             | EC               | CORP              | DE        |    596800 | NS      | $26617310.68  | 1.14%             |  |  |  | No            |                  2 | On Loan: No      |
| Glencore PLC                              | Glencore PLC                              | CUSIP: 000000000<br>LEI: 2138002658CPO9NBH955 | Long             | EC               | CORP              | JE        |   6223200 | NS      | $28758959.34  | 1.23%             |  |  |  | No            |                  2 | On Loan: No      |
| Brother Industries Ltd                    | Brother Industries Ltd                    | CUSIP: 000000000<br>LEI: 549300O5FACQ67KI6R92 | Long             | EC               | CORP              | JP        |    319000 | NS      | $5334564.62   | 0.23%             |  |  |  | No            |                  2 | On Loan: No      |
| HSBC Bank USA NA                          | PURCHASED USD / SOLD TWD                  | CUSIP: 000000000<br>LEI: 1IE8VN30JCEQV1H4R804 | N/A              | DFE              |  | US        |         1 | NC      | $84209.67     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                               | PURCHASED USD / SOLD TWD                  | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              |  | US        |         1 | NC      | $-29269.61    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Barclays Bank PLC                         | PURCHASED USD / SOLD CNH                  | CUSIP: 000000000<br>LEI: G5GSEF7VJP5I7OUK5573 | N/A              | DFE              |  | US        |         1 | NC      | $-23989.31    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Taiwan Semiconductor Manufacturing Co Ltd | Taiwan Semiconductor Manufacturing Co Ltd | CUSIP: 000000000<br>LEI: 549300KB6NK5SBD14S87 | Long             | EC               | CORP              | TW        |   1641400 | NS      | $71408045.24  | 3.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Sunrise Communications AG                 | Sunrise Communications AG                 | CUSIP: 000000000<br>LEI: 213800RS9HRGTWOGCO08 | Long             | EC               | CORP              | CH        |     83334 | NS      | $4930779.88   | 0.21%             |  |  |  | No            |                  2 | On Loan: No      |
| Barclays Bank PLC                         | PURCHASED USD / SOLD CNH                  | CUSIP: 000000000<br>LEI: G5GSEF7VJP5I7OUK5573 | N/A              | DFE              |  | US        |         1 | NC      | $-13099.71    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Credicorp Ltd                             | Credicorp Ltd                             | CUSIP: 000000000<br>LEI: 529900UYAEYQCQ2BKB17 | Long             | EC               | CORP              | BM        |    132500 | NS      | $35282100.00  | 1.51%             |  |  |  | No            |                  1 | On Loan: No      |
| HSBC Bank USA NA                          | PURCHASED USD / SOLD TWD                  | CUSIP: 000000000<br>LEI: 1IE8VN30JCEQV1H4R804 | N/A              | DFE              |  | US        |         1 | NC      | $-56504.17    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Seven & i Holdings Co Ltd                 | Seven & i Holdings Co Ltd                 | CUSIP: 000000000<br>LEI: 52990037G8JRM3TWGY86 | Long             | EC               | CORP              | JP        |    371100 | NS      | $4991029.08   | 0.21%             |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank NA                    | PURCHASED USD / SOLD TWD                  | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DFE              |  | US        |         1 | NC      | $65895.05     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| HSBC Bank USA NA                          | PURCHASED USD / SOLD TWD                  | CUSIP: 000000000<br>LEI: 1IE8VN30JCEQV1H4R804 | N/A              | DFE              |  | US        |         1 | NC      | $-21522.34    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Kyocera Corp                              | Kyocera Corp                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |   1141000 | NS      | $15502259.96  | 0.66%             |  |  |  | No            |                  2 | On Loan: No      |
| State Street Bank & Trust Co.             | PURCHASED TWD / SOLD USD                  | CUSIP: 000000000<br>LEI: 571474TGEMMWANRLN572 | N/A              | DFE              |  | TW        |         1 | NC      | $-7306.72     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                               | PURCHASED USD / SOLD TWD                  | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              |  | US        |         1 | NC      | $-28601.92    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| HSBC Bank USA NA                          | PURCHASED USD / SOLD TWD                  | CUSIP: 000000000<br>LEI: 1IE8VN30JCEQV1H4R804 | N/A              | DFE              |  | US        |         1 | NC      | $62330.38     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| HSBC Bank USA NA                          | PURCHASED USD / SOLD CNH                  | CUSIP: 000000000<br>LEI: 1IE8VN30JCEQV1H4R804 | N/A              | DFE              |  | US        |         1 | NC      | $1355.23      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                               | PURCHASED USD / SOLD CNH                  | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              |  | US        |         1 | NC      | $3033.93      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Prudential PLC                            | Prudential PLC                            | CUSIP: 000000000<br>LEI: 5493001Z3ZE83NGK8Y12 | Long             | EC               | CORP              | GB        |   2732873 | NS      | $38469387.59  | 1.65%             |  |  |  | No            |                  2 | On Loan: No      |
| Novartis AG                               | Novartis AG                               | CUSIP: 000000000<br>LEI: 5493007HIVTX6SY6XD66 | Long             | EC               | CORP              | CH        |    478500 | NS      | $61530567.77  | 2.63%             |  |  |  | No            |                  2 | On Loan: No      |
| HSBC Bank USA NA                          | PURCHASED USD / SOLD TWD                  | CUSIP: 000000000<br>LEI: 1IE8VN30JCEQV1H4R804 | N/A              | DFE              |  | US        |         1 | NC      | $59806.91     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| AIA Group Ltd                             | AIA Group Ltd                             | CUSIP: 000000000<br>LEI: ZP5ILWVSYE4LJGMMVD57 | Long             | EC               | CORP              | HK        |   3137200 | NS      | $30070810.33  | 1.29%             |  |  |  | No            |                  2 | On Loan: No      |
| CK Asset Holdings Ltd                     | CK Asset Holdings Ltd                     | CUSIP: 000000000<br>LEI: 5299006GJZSGP78B8S35 | Long             | EC               | CORP              | KY        |   2191200 | NS      | $10633900.82  | 0.46%             |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                               | PURCHASED USD / SOLD TWD                  | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              |  | US        |         1 | NC      | $-31206.29    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Tencent Holdings Ltd                      | Tencent Holdings Ltd                      | CUSIP: 000000000<br>LEI: 254900N4SLUMW4XUYY11 | Long             | EC               | CORP              | KY        |    344200 | NS      | $29324391.54  | 1.26%             |  |  |  | No            |                  2 | On Loan: No      |
| HSBC Bank USA NA                          | PURCHASED USD / SOLD CNH                  | CUSIP: 000000000<br>LEI: 1IE8VN30JCEQV1H4R804 | N/A              | DFE              |  | US        |         1 | NC      | $6491.06      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Teck Resources Ltd                        | Teck Resources Ltd                        | CUSIP: 878742204<br>LEI: T8KI5SQ2JRWHL7XY0E11 | Long             | EC               | CORP              | CA        |    290500 | NS      | $12750045.00  | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Ollamani SAB                              | Ollamani SAB                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | MX        |    462500 | NS      | $1386477.19   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Booking Holdings Inc                      | Booking Holdings Inc                      | CUSIP: 09857L108<br>LEI: FXM8FAOHMYDIPD38UZ17 | Long             | EC               | CORP              | US        |      6225 | NS      | $33610455.75  | 1.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Entain PLC                                | Entain PLC                                | CUSIP: 000000000<br>LEI: 213800GNI3K45LQR8L28 | Long             | EC               | CORP              | IM        |   1762500 | NS      | $20661285.80  | 0.88%             |  |  |  | No            |                  2 | On Loan: No      |
| Standard Chartered Bank                   | PURCHASED TWD / SOLD USD                  | CUSIP: 000000000<br>LEI: RILFO74KP1CM8P6PCT96 | N/A              | DFE              |  | TW        |         1 | NC      | $4.88         | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Cemex SAB de CV                           | Cemex SAB de CV                           | CUSIP: 151290889<br>LEI: 549300RIG2CXWN6IV731 | Long             | EC               | CORP              | MX        |   2859505 | NS      | $25706949.95  | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Flutter Entertainment PLC                 | Flutter Entertainment PLC                 | CUSIP: 000000000<br>LEI: 635400EG4YIJLJMZJ782 | Long             | EC               | CORP              | IE        |     24400 | NS      | $6197600.00   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Citibank NA                               | PURCHASED USD / SOLD TWD                  | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              |  | US        |         1 | NC      | $34636.37     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| HSBC Bank USA NA                          | PURCHASED USD / SOLD TWD                  | CUSIP: 000000000<br>LEI: 1IE8VN30JCEQV1H4R804 | N/A              | DFE              |  | US        |         1 | NC      | $7418.65      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Schneider Electric SE                     | Schneider Electric SE                     | CUSIP: 000000000<br>LEI: 969500A1YF1XUYYXS284 | Long             | EC               | CORP              | FR        |     74100 | NS      | $20918838.75  | 0.90%             |  |  |  | No            |                  2 | On Loan: No      |
| Equinor ASA                               | Equinor ASA                               | CUSIP: 000000000<br>LEI: OW6OFBNCKXC4US5C7523 | Long             | EC               | CORP              | NO        |    208500 | NS      | $5099899.45   | 0.22%             |  |  |  | No            |                  2 | On Loan: No      |
| Infineon Technologies AG                  | Infineon Technologies AG                  | CUSIP: 000000000<br>LEI: TSI2PJM6EPETEQ4X1U25 | Long             | EC               | CORP              | DE        |    875500 | NS      | $34172276.44  | 1.46%             |  |  |  | No            |                  2 | On Loan: No      |
| HSBC Bank USA NA                          | PURCHASED USD / SOLD TWD                  | CUSIP: 000000000<br>LEI: 1IE8VN30JCEQV1H4R804 | N/A              | DFE              |  | US        |         1 | NC      | $-56993.60    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| HSBC Bank USA NA                          | PURCHASED USD / SOLD TWD                  | CUSIP: 000000000<br>LEI: 1IE8VN30JCEQV1H4R804 | N/A              | DFE              |  | US        |         1 | NC      | $23257.26     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Goldman Sachs Bank USA                    | PURCHASED USD / SOLD CNH                  | CUSIP: 000000000<br>LEI: KD3XUN7C6T14HNAYLU02 | N/A              | DFE              |  | US        |         1 | NC      | $3058.16      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Citibank NA                               | PURCHASED USD / SOLD TWD                  | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              |  | US        |         1 | NC      | $37318.97     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| UBS AG                                    | PURCHASED USD / SOLD TWD                  | CUSIP: 000000000<br>LEI: BFM8T61CT2L1QCEMIK50 | N/A              | DFE              |  | US        |         1 | NC      | $25277.44     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Samsung Electronics Co Ltd                | Samsung Electronics Co Ltd                | CUSIP: 000000000<br>LEI: 9884007ER46L6N7EI764 | Long             | EP               | CORP              | KR        |    293000 | NS      | $13929593.18  | 0.60%             |  |  |  | No            |                  2 | On Loan: No      |
| UBS AG                                    | PURCHASED USD / SOLD TWD                  | CUSIP: 000000000<br>LEI: BFM8T61CT2L1QCEMIK50 | N/A              | DFE              |  | US        |         1 | NC      | $-32428.18    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Liberty Global Ltd                        | Liberty Global Ltd                        | CUSIP: 000000000<br>LEI: 213800HRMKKTYH7SKA24 | Long             | EC               | CORP              | BM        |    287000 | NS      | $3372250.00   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Citibank NA                               | PURCHASED USD / SOLD TWD                  | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              |  | US        |         1 | NC      | $79214.37     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| UBS AG                                    | PURCHASED USD / SOLD CNH                  | CUSIP: 000000000<br>LEI: BFM8T61CT2L1QCEMIK50 | N/A              | DFE              |  | US        |         1 | NC      | $-23697.20    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| HSBC Bank USA NA                          | PURCHASED USD / SOLD CNH                  | CUSIP: 000000000<br>LEI: 1IE8VN30JCEQV1H4R804 | N/A              | DFE              |  | US        |         1 | NC      | $-31489.10    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Goldman Sachs Bank USA                    | PURCHASED USD / SOLD TWD                  | CUSIP: 000000000<br>LEI: KD3XUN7C6T14HNAYLU02 | N/A              | DFE              |  | US        |         1 | NC      | $-29824.19    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| UBS AG                                    | PURCHASED USD / SOLD TWD                  | CUSIP: 000000000<br>LEI: BFM8T61CT2L1QCEMIK50 | N/A              | DFE              |  | US        |         1 | NC      | $21795.22     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| HSBC Bank USA NA                          | PURCHASED USD / SOLD CNH                  | CUSIP: 000000000<br>LEI: 1IE8VN30JCEQV1H4R804 | N/A              | DFE              |  | US        |         1 | NC      | $11623.07     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-10-28

**Name of Applicant:** NORTHWESTERN MUTUAL SERIES FUND INC

**Signature:** Linda Wisniewski

**Name of Signer:** Linda Wisniewski

**Title:** Controller and Chief Accounting Officer