# EDGAR Filing Document

**Accession Number:** 0001669626
**File Stem:** 0001752724-25-156717
**Filing Date:** 2025-6
**Character Count:** 23772
**Document Hash:** 6e8d492933388ea8f92b26bf9357b92f
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-156717.hdr.sgml**: 20250626

**ACCESSION NUMBER**: 0001752724-25-156717

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250430

**FILED AS OF DATE**: 20250626

**DATE AS OF CHANGE**: 20250626

**PERIOD START**: 20251031

**FILER**: 

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

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

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23149
- **FILM NUMBER:** 251075385

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

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

## Series and Classes Contracts Data

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

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

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

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

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

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

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

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

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

  - **City:** Minneapolis

  - **State:** MN

  - **Foreign country:** US

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

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

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

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

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

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

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

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

- **b. Date as of which information is reported:** 2025-04-30

**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:** $309980750.07

**Total Liabilities:** $3014185.35

**Net Assets:** $306966564.72

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000234237 | -4.93%               | -5.95%               | -5.10%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $3829914.36              | $-22146873.71                              |
| Month 2  | $1227768.95              | $-22441391.89                              |
| Month 3  | $-4545104.01             | $-12327394.13                              |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| AIR LEASE CORP                 | Air Lease Corporation                                        | CUSIP: 00912X302<br>LEI: 5493004NW4M4P8TMMK63 | Long             | EC               | CORP              | US        |    123359 | NS      | $5768266.84   | 1.88%             |  |  |  | No            |                  1 | On Loan: No      |
| CHEESECAKE FACTORY INC         | Cheesecake Factory, Inc.                                     | CUSIP: 163072101<br>LEI: 529900872XMLK10SY247 | Long             | EC               | CORP              | US        |     50241 | NS      | $2530639.17   | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| KYNDRYL HLDGS INC              | Kyndryl Holdings, Inc.                                       | CUSIP: 50155Q100<br>LEI: 549300LQ4LWX2R8ZV130 | Long             | EC               | CORP              | US        |    151426 | NS      | $4909230.92   | 1.60%             |  |  |  | No            |                  1 | On Loan: No      |
| OLD NATL BANCORP IND           | Old National Bancorp                                         | CUSIP: 680033107<br>LEI: 549300MMK90CL5KMVX16 | Long             | EC               | CORP              | US        |    326332 | NS      | $6719175.88   | 2.19%             |  |  |  | No            |                  1 | On Loan: No      |
| BANNER CORP                    | Banner Corporation                                           | CUSIP: 06652V208<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     93914 | NS      | $5741901.96   | 1.87%             |  |  |  | No            |                  1 | On Loan: No      |
| MAGNOLIA OIL & GAS CORP        | Magnolia Oil & Gas Corporation                               | CUSIP: 559663109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    292634 | NS      | $6007776.02   | 1.96%             |  |  |  | No            |                  1 | On Loan: No      |
| GULFPORT ENERGY CORP           | Gulfport Energy Corporation                                  | CUSIP: 402635502<br>LEI: 254900DJRGZBUZ3F5038 | Long             | EC               | CORP              | US        |     32171 | NS      | $5549497.50   | 1.81%             |  |  |  | No            |                  1 | On Loan: No      |
| PLYMOUTH INDL REIT INC         | Plymouth Industrial REIT, Inc.                               | CUSIP: 729640102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    394175 | NS      | $5861382.25   | 1.91%             |  |  |  | No            |                  1 | On Loan: No      |
| MURPHY USA INC                 | Murphy USA, Inc.                                             | CUSIP: 626755102<br>LEI: 549300Y081F8XIKQIO72 | Long             | EC               | CORP              | US        |      9901 | NS      | $4936341.57   | 1.61%             |  |  |  | No            |                  1 | On Loan: No      |
| SIGNET JEWELERS LIMITED        | Signet Jewelers, Ltd.                                        | CUSIP: G81276100<br>LEI: 549300N3XPGE91WV7M22 | Long             | EC               | CORP              | BM        |     92790 | NS      | $5502447.00   | 1.79%             |  |  |  | No            |                  1 | On Loan: No      |
| AGCO CORP DEL                  | AGCO Corporation                                             | CUSIP: 001084102<br>LEI: LYOM0B2GCF1JWXK5ZG04 | Long             | EC               | CORP              | US        |     52660 | NS      | $4467147.80   | 1.46%             |  |  |  | No            |                  1 | On Loan: No      |
| GRAND CANYON ED INC            | Grand Canyon Education, Inc.                                 | CUSIP: 38526M106<br>LEI: 529900XFER799IYOSW74 | Long             | EC               | CORP              | US        |     29645 | NS      | $5287778.65   | 1.72%             |  |  |  | No            |                  1 | On Loan: No      |
| CIENA CORP                     | Ciena Corporation                                            | CUSIP: 171779309<br>LEI: W0CZ7N0GH8UIGXDM1H41 | Long             | EC               | CORP              | US        |     68034 | NS      | $4569163.44   | 1.49%             |  |  |  | No            |                  1 | On Loan: No      |
| GREIF INC                      | Greif, Inc.                                                  | CUSIP: 397624107<br>LEI: 54930070FVGKR0Z1FI24 | Long             | EC               | CORP              | US        |    126668 | NS      | $6647536.64   | 2.17%             |  |  |  | No            |                  1 | On Loan: No      |
| ADVANCE AUTO PTS INC           | Advance Auto Parts, Inc.                                     | CUSIP: 00751Y106<br>LEI: 529900UCNQ5H9FSL0Y70 | Long             | EC               | CORP              | US        |    139136 | NS      | $4552529.92   | 1.48%             |  |  |  | No            |                  1 | On Loan: No      |
| MASTERBRAND INC                | Masterbrand, Inc.                                            | CUSIP: 57638P104<br>LEI: 549300E0Y4BR5Z9RDZ64 | Long             | EC               | CORP              | US        |    419089 | NS      | $5091931.35   | 1.66%             |  |  |  | No            |                  1 | On Loan: No      |
| VOYA FINL INC                  | Voya Financial, Inc.                                         | CUSIP: 929089100<br>LEI: 549300T065Z4KJ686G75 | Long             | EC               | CORP              | US        |     25834 | NS      | $1529372.80   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| WNS HOLDINGS LIMITED           | WNS Holdings, Ltd.                                           | CUSIP: G98196101<br>LEI: 529900RM7QHUD3W9DM42 | Long             | EC               | CORP              | JE        |     79617 | NS      | $4818420.84   | 1.57%             |  |  |  | No            |                  1 | On Loan: No      |
| KORN FERRY                     | Korn Ferry                                                   | CUSIP: 500643200<br>LEI: 549300FOD20OM0GT5G40 | Long             | EC               | CORP              | US        |    108778 | NS      | $6711602.60   | 2.19%             |  |  |  | No            |                  1 | On Loan: No      |
| State Street Institutional US  | State Street Institutional U.S. Government Money Market Fund | CUSIP: 857492706<br>LEI: 549300BZ5TGIFZUZDZ37 | Long             | STIV             | RF                | US        |  13906355 | NS      | $13906354.68  | 4.53%             |  |  |  | No            |                  1 | On Loan: No      |
| EVERCORE INC                   | Evercore, Inc.                                               | CUSIP: 29977A105<br>LEI: 529900P6KLPT95DW3W58 | Long             | EC               | CORP              | US        |     15912 | NS      | $3266574.48   | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| MERITAGE HOMES CORP            | Meritage Homes Corporation                                   | CUSIP: 59001A102<br>LEI: 52990044W9UMFJO2FB97 | Long             | EC               | CORP              | US        |     85283 | NS      | $5811183.62   | 1.89%             |  |  |  | No            |                  1 | On Loan: No      |
| F N B CORP PA                  | F.N.B. Corporation                                           | CUSIP: 302520101<br>LEI: PCYSKIGYNYFDTBLVZU83 | Long             | EC               | CORP              | US        |    449098 | NS      | $5878692.82   | 1.92%             |  |  |  | No            |                  1 | On Loan: No      |
| PLEXUS CORP                    | Plexus Corporation                                           | CUSIP: 729132100<br>LEI: 549300W7HCBI5YT25I79 | Long             | EC               | CORP              | US        |     35090 | NS      | $4296068.70   | 1.40%             |  |  |  | No            |                  1 | On Loan: No      |
| CONSTELLIUM SE                 | Constellium SE                                               | CUSIP: F21107101<br>LEI: 724500KRJEMC79KAAU28 | Long             | EC               | CORP              | FR        |    497227 | NS      | $5026964.97   | 1.64%             |  |  |  | No            |                  1 | On Loan: No      |
| HERC HLDGS INC                 | Herc Holdings, Inc.                                          | CUSIP: 42704L104<br>LEI: 549300TP80QLITMSBP82 | Long             | EC               | CORP              | US        |     26431 | NS      | $2892608.64   | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Ardelyx, Inc.                  | Ardelyx, Inc.                                                | CUSIP: 039697107<br>LEI: 549300F542QR4SXHCY32 | Long             | EC               | CORP              | US        |    453711 | NS      | $2497679.06   | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| WINTRUST FINL CORP             | Wintrust Financial Corporation                               | CUSIP: 97650W108<br>LEI: Q774KI4AW80FHFW33O61 | Long             | EC               | CORP              | US        |     56391 | NS      | $6268987.47   | 2.04%             |  |  |  | No            |                  1 | On Loan: No      |
| NATIONAL STORAGE AFFILIATES TR | National Storage Affiliates Trust                            | CUSIP: 637870106<br>LEI: 529900FS06O8GOYNR108 | Long             | EC               | CORP              | US        |    174857 | NS      | $6504680.40   | 2.12%             |  |  |  | No            |                  1 | On Loan: No      |
| MOOG INC                       | Moog, Inc.                                                   | CUSIP: 615394202<br>LEI: 549300WM2I4U7OBAHG07 | Long             | EC               | CORP              | US        |     29457 | NS      | $4926683.25   | 1.60%             |  |  |  | No            |                  1 | On Loan: No      |
| CRANE NXT CO                   | Crane NXT Company                                            | CUSIP: 224441105<br>LEI: 549300EXNPSXEWUD3N21 | Long             | EC               | CORP              | US        |    103635 | NS      | $4862554.20   | 1.58%             |  |  |  | No            |                  1 | On Loan: No      |
| CUSHMAN & WAKEFIELD PLC        | Cushman and Wakefield plc                                    | CUSIP: G2717B108<br>LEI: N/A                  | Long             | EC               | CORP              | GB        |    612707 | NS      | $5741064.59   | 1.87%             |  |  |  | No            |                  1 | On Loan: No      |
| WYNDHAM HOTELS & RESORTS INC   | Wyndham Hotels & Resorts, Inc.                               | CUSIP: 98311A105<br>LEI: 549300FE3MQ4RVXXC673 | Long             | EC               | CORP              | US        |     47359 | NS      | $4039722.70   | 1.32%             |  |  |  | No            |                  1 | On Loan: No      |
| INGEVITY CORP                  | Ingevity Corporation                                         | CUSIP: 45688C107<br>LEI: 5493009UTFC4B5IMGF87 | Long             | EC               | CORP              | US        |     90218 | NS      | $2975389.64   | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| J & J SNACK FOODS CORP         | J & J Snack Foods Corporation                                | CUSIP: 466032109<br>LEI: 894500IGP1Y2ZQFQMJ83 | Long             | EC               | CORP              | US        |     34617 | NS      | $4486017.03   | 1.46%             |  |  |  | No            |                  1 | On Loan: No      |
| GLOBUS MED INC                 | Globus Medical, Inc.                                         | CUSIP: 379577208<br>LEI: 5299003M2P4CIK0RF205 | Long             | EC               | CORP              | US        |     80165 | NS      | $5753442.05   | 1.87%             |  |  |  | No            |                  1 | On Loan: No      |
| SPIRE INC                      | Spire, Inc.                                                  | CUSIP: 84857L101<br>LEI: 549300NXSY15DRY2R511 | Long             | EC               | CORP              | US        |     97992 | NS      | $7500307.68   | 2.44%             |  |  |  | No            |                  1 | On Loan: No      |
| TECHNIPFMC PLC                 | TechnipFMC plc                                               | CUSIP: G87110105<br>LEI: 549300D5I93QWCJTCK36 | Long             | EC               | CORP              | GB        |    147630 | NS      | $4158737.10   | 1.35%             |  |  |  | No            |                  1 | On Loan: No      |
| SIX FLAGS ENTMT CORP DEL       | Six Flags Entertainment Corporation                          | CUSIP: 83001C108<br>LEI: 529900AS2CYWYFHRS781 | Long             | EC               | CORP              | US        |    182365 | NS      | $6275179.65   | 2.04%             |  |  |  | No            |                  1 | On Loan: No      |
| TTM TECHNOLOGIES INC           | TTM Technologies, Inc.                                       | CUSIP: 87305R109<br>LEI: 549300SC4BDOIS008048 | Long             | EC               | CORP              | US        |    204723 | NS      | $4098554.46   | 1.34%             |  |  |  | No            |                  1 | On Loan: No      |
| AAR CORP                       | AAR Corporation                                              | CUSIP: 000361105<br>LEI: MP76T5YQX3YK5VVAQ802 | Long             | EC               | CORP              | US        |     78530 | NS      | $4198213.80   | 1.37%             |  |  |  | No            |                  1 | On Loan: No      |
| GROUP 1 AUTOMOTIVE INC         | Group 1 Automotive, Inc.                                     | CUSIP: 398905109<br>LEI: 549300US8QAZJLWYAF63 | Long             | EC               | CORP              | US        |     10089 | NS      | $4072223.07   | 1.33%             |  |  |  | No            |                  1 | On Loan: No      |
| TIMKEN CO                      | Timken Company                                               | CUSIP: 887389104<br>LEI: B0I35MLPFXZSE70ASS73 | Long             | EC               | CORP              | US        |     60937 | NS      | $3915202.25   | 1.28%             |  |  |  | No            |                  1 | On Loan: No      |
| SCHNEIDER NATL INC WIS         | Schneider National, Inc.                                     | CUSIP: 80689H102<br>LEI: 529900V6GZ6G6E3BLV72 | Long             | EC               | CORP              | US        |    217883 | NS      | $4682305.67   | 1.53%             |  |  |  | No            |                  1 | On Loan: No      |
| ALLY FINL INC                  | Ally Financial, Inc.                                         | CUSIP: 02005N100<br>LEI: 549300JBN1OSM8YNAI90 | Long             | EC               | CORP              | US        |    126492 | NS      | $4131228.72   | 1.35%             |  |  |  | No            |                  1 | On Loan: No      |
| FIRST COMWLTH FINL CORP PA     | First Commonwealth Financial Corporation                     | CUSIP: 319829107<br>LEI: 549300ZHLQ42NXDETL24 | Long             | EC               | CORP              | US        |    369544 | NS      | $5661414.08   | 1.84%             |  |  |  | No            |                  1 | On Loan: No      |
| RLI CORP                       | RLI Corporation                                              | CUSIP: 749607107<br>LEI: 529900AMTJE5ECN9PS55 | Long             | EC               | CORP              | US        |     79489 | NS      | $5882980.89   | 1.92%             |  |  |  | No            |                  1 | On Loan: No      |
| BLACK HILLS CORP               | Black Hills Corporation                                      | CUSIP: 092113109<br>LEI: 3MGELCRSTNSAMJ962671 | Long             | EC               | CORP              | US        |    109760 | NS      | $6684384.00   | 2.18%             |  |  |  | No            |                  1 | On Loan: No      |
| UMB FINL CORP                  | UMB Financial Corporation                                    | CUSIP: 902788108<br>LEI: 549300MGEH3N3CUCV828 | Long             | EC               | CORP              | US        |     70683 | NS      | $6684491.31   | 2.18%             |  |  |  | No            |                  1 | On Loan: No      |
| PRIMO BRANDS CORP              | Primo Brands Corporation                                     | CUSIP: 741623102<br>LEI: 254900J0WS4AXV2LAX55 | Long             | EC               | CORP              | US        |    192845 | NS      | $6300246.15   | 2.05%             |  |  |  | No            |                  1 | On Loan: No      |
| ESSENT GROUP LTD               | Essent Group, Ltd.                                           | CUSIP: G3198U102<br>LEI: 254900QUO860OUT6ZF83 | Long             | EC               | CORP              | BM        |    109291 | NS      | $6221936.63   | 2.03%             |  |  |  | No            |                  1 | On Loan: No      |
| MKS INSTRS INC                 | MKS Instruments, Inc.                                        | CUSIP: 55306N104<br>LEI: 549300KEQATBHAGVF505 | Long             | EC               | CORP              | US        |     64511 | NS      | $4524801.54   | 1.47%             |  |  |  | No            |                  1 | On Loan: No      |
| BEL FUSE INC                   | Bel Fuse, Inc.                                               | CUSIP: 077347300<br>LEI: 2549009L4XYDBRRY6X39 | Long             | EC               | CORP              | US        |     93520 | NS      | $6150810.40   | 2.00%             |  |  |  | No            |                  1 | On Loan: No      |
| CADENCE BK                     | Cadence Bank                                                 | CUSIP: 12740C103<br>LEI: Q7C315HKI8VX0SSKBS64 | Long             | EC               | CORP              | US        |    150008 | NS      | $4389234.08   | 1.43%             |  |  |  | No            |                  1 | On Loan: No      |
| HOULIHAN LOKEY INC             | Houlihan Lokey, Inc.                                         | CUSIP: 441593100<br>LEI: 549300S3CNGTQ1QZVY46 | Long             | EC               | CORP              | US        |     21672 | NS      | $3512597.76   | 1.14%             |  |  |  | No            |                  1 | On Loan: No      |
| AGREE RLTY CORP                | Agree Realty Corporation                                     | CUSIP: 008492100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     58463 | NS      | $4537313.43   | 1.48%             |  |  |  | No            |                  1 | On Loan: No      |
| GATES INDL CORP PLC            | Gates Industrial Corporation plc                             | CUSIP: G39108108<br>LEI: 549300S6K4FWUSB9KM27 | Long             | EC               | CORP              | GB        |    379693 | NS      | $7183791.56   | 2.34%             |  |  |  | No            |                  1 | On Loan: No      |
| ASBURY AUTOMOTIVE GROUP INC    | Asbury Automotive Group, Inc.                                | CUSIP: 043436104<br>LEI: 549300JH4DTA7U42GL91 | Long             | EC               | CORP              | US        |     16634 | NS      | $3628540.76   | 1.18%             |  |  |  | No            |                  1 | On Loan: No      |
| ENOVIS CORP                    | Enovis Corporation                                           | CUSIP: 194014502<br>LEI: 635400OP2DYYYMOIYL17 | Long             | EC               | CORP              | US        |    171865 | NS      | $5944810.35   | 1.94%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-05-28

**Name of Applicant:** Thrivent Core Funds

**Signature:** Sarah L. Bergstrom

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

**Title:** Treasurer and Principal Accounting Officer