# EDGAR Filing Document

**Accession Number:** 0000822632
**File Stem:** 0001410368-26-013317
**Filing Date:** 2026-2
**Character Count:** 32487
**Document Hash:** 84f9417ecb215272ad5f9451f30baf3d
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001410368-26-013317.hdr.sgml**: 20260218

**ACCESSION NUMBER**: 0001410368-26-013317

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260218

**DATE AS OF CHANGE**: 20260218

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** WILLIAM BLAIR FUNDS
- **CENTRAL INDEX KEY:** 0000822632

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-05344
- **FILM NUMBER:** 26646317

**BUSINESS ADDRESS:**
- **STREET 1:** 150 NORTH RIVERSIDE PLAZA
- **CITY:** CHICAGO
- **STATE:** IL
- **ZIP:** 60606
- **BUSINESS PHONE:** 3123648000

**MAIL ADDRESS:**
- **STREET 1:** 150 NORTH RIVERSIDE PLAZA
- **CITY:** CHICAGO
- **STATE:** IL
- **ZIP:** 60606

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** WILLIAM BLAIR MUTUAL FUNDS INC
- **DATE OF NAME CHANGE:** 19960112

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** BLAIR WILLIAM READY RESERVES INC
- **DATE OF NAME CHANGE:** 19920316

## Series and Classes Contracts Data

### William Blair Small-Mid Cap Core Fund (Series ID: S000066499)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000214491 | Class I      | WBCIX           |
| C000214492 | Class R6     | WBCRX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** WILLIAM BLAIR FUNDS

- **b. Investment Company Act file number:** 811-05344

- **c. CIK number of Registrant:** 0000822632

- **d. LEI of Registrant:** SNQR0U5FDV8EZZX4W051

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

  - **Street Address 1:** 150 NORTH RIVERSIDE PLAZA

  - **City:** CHICAGO

  - **State:** IL

  - **Foreign country:** US

  - **Zip / Postal Code:** 60606

  - **Telephone number:** 312-364-8000

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

- **a. Name of Series:** William Blair Small-Mid Cap Core Fund

- **b. EDGAR series identifier (if any):** S000066499

- **c. LEI of Series:** 549300ECH5GG47ZL5S10

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

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

- **b. Date as of which information is reported:** 2025-12-31

**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:** $123116685.66

**Total Liabilities:** $170777.78

**Net Assets:** $122945907.88

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000214491 | -0.88%               | 1.84%                | -0.50%               |
| Class ID C000214492 | -0.88%               | 1.89%                | -0.49%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $1992226.24              | $-3106930.58                               |
| Month 2  | $2640493.89              | $-506722.42                                |
| Month 3  | $517092.64               | $-1131753.27                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| ACV Auctions Inc                     | ACV Auctions Inc                     | CUSIP: 00091G104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     97253 | NS      | $779969.06    | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Agilysys Inc                         | Agilysys Inc                         | CUSIP: 00847J105<br>LEI: 5299001XWB5V3B5IPN93 | Long             | EC               | CORP              | US        |     10831 | NS      | $1287156.04   | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Agree Realty Corp                    | Agree Realty Corp                    | CUSIP: 008492100<br>LEI: N/A                  | Long             | EC               |  | US        |     15909 | NS      | $1145925.27   | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Americold Realty Trust Inc           | Americold Realty Trust Inc           | CUSIP: 03064D108<br>LEI: 894500O3S3W62PQPO460 | Long             | EC               |  | US        |     62322 | NS      | $801460.92    | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Amicus Therapeutics Inc              | Amicus Therapeutics Inc              | CUSIP: 03152W109<br>LEI: 549300MRD1SMUTNBPQ53 | Long             | EC               | CORP              | US        |     68490 | NS      | $975297.60    | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Antero Resources Corp                | Antero Resources Corp                | CUSIP: 03674X106<br>LEI: APVBKPOULHUX7YZLKU17 | Long             | EC               | CORP              | US        |     28762 | NS      | $991138.52    | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Applied Industrial Technologies Inc  | Applied Industrial Technologies Inc  | CUSIP: 03820C105<br>LEI: 549300NU173IJRC6PO38 | Long             | EC               | CORP              | US        |      6143 | NS      | $1577338.11   | 1.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Baldwin Insurance Group Inc/The      | Baldwin Insurance Group Inc/The      | CUSIP: 05589G102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     71200 | NS      | $1710936.00   | 1.39%             |  |  |  | No            |                  1 | On Loan: No      |
| BWX Technologies Inc                 | BWX Technologies Inc                 | CUSIP: 05605H100<br>LEI: 549300NP85N265KWMS58 | Long             | EC               | CORP              | US        |      9479 | NS      | $1638350.36   | 1.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Banner Corp                          | Banner Corp                          | CUSIP: 06652V208<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     29619 | NS      | $1855926.54   | 1.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Bentley Systems Inc                  | Bentley Systems Inc                  | CUSIP: 08265T208<br>LEI: 549300WVEHPGE0Z56F71 | Long             | EC               | CORP              | US        |     21728 | NS      | $829249.12    | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Bio-Techne Corp                      | Bio-Techne Corp                      | CUSIP: 09073M104<br>LEI: 54930073RLKQ51TILZ35 | Long             | EC               | CORP              | US        |     31098 | NS      | $1828873.38   | 1.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Bright Horizons Family Solutions Inc | Bright Horizons Family Solutions Inc | CUSIP: 109194100<br>LEI: 2549009BKSVTM7UEYT38 | Long             | EC               | CORP              | US        |      9795 | NS      | $993213.00    | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Brink's Co/The                       | Brink's Co/The                       | CUSIP: 109696104<br>LEI: XFP140TFNOQMIVFTVQ13 | Long             | EC               | CORP              | US        |      8722 | NS      | $1018119.06   | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| CACI International Inc               | CACI International Inc               | CUSIP: 127190304<br>LEI: SYRPI2D1O9WRTS2WX210 | Long             | EC               | CORP              | US        |      3463 | NS      | $1845121.03   | 1.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Cadence Bank                         | Cadence Bank                         | CUSIP: 12740C103<br>LEI: Q7C315HKI8VX0SSKBS64 | Long             | EC               | CORP              | US        |     25620 | NS      | $1097560.80   | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Cameco Corp                          | Cameco Corp                          | CUSIP: 13321L108<br>LEI: N4BHALMXL3GMZKCUON55 | Long             | EC               | CORP              | CA        |     13981 | NS      | $1279121.69   | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Carlyle Group Inc/The                | Carlyle Group Inc/The                | CUSIP: 14316J108<br>LEI: 529900NGGVF94UK6PG95 | Long             | EC               | CORP              | US        |     34384 | NS      | $2032438.24   | 1.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Carpenter Technology Corp            | Carpenter Technology Corp            | CUSIP: 144285103<br>LEI: DX6I6ZD3X5WNNCDJKP85 | Long             | EC               | CORP              | US        |      4739 | NS      | $1492026.76   | 1.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Casella Waste Systems Inc            | Casella Waste Systems Inc            | CUSIP: 147448104<br>LEI: 8EU0XUFVJ48U37IIDH51 | Long             | EC               | CORP              | US        |     12643 | NS      | $1238255.42   | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Chemed Corp                          | Chemed Corp                          | CUSIP: 16359R103<br>LEI: 54930020031IDJT2IM79 | Long             | EC               | CORP              | US        |      3877 | NS      | $1658813.22   | 1.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Ciena Corp                           | Ciena Corp                           | CUSIP: 171779309<br>LEI: W0CZ7N0GH8UIGXDM1H41 | Long             | EC               | CORP              | US        |     10244 | NS      | $2395764.28   | 1.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Clearwater Analytics Holdings Inc    | Clearwater Analytics Holdings Inc    | CUSIP: 185123106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     37640 | NS      | $907876.80    | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Coherent Corp                        | Coherent Corp                        | CUSIP: 19247G107<br>LEI: 549300O5C25A0MMHHU33 | Long             | EC               | CORP              | US        |      8600 | NS      | $1587302.00   | 1.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Curtiss-Wright Corp                  | Curtiss-Wright Corp                  | CUSIP: 231561101<br>LEI: TEL51ETZWP7D0ZM4X325 | Long             | EC               | CORP              | US        |      3228 | NS      | $1779499.56   | 1.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Descartes Systems Group Inc/The      | Descartes Systems Group Inc/The      | CUSIP: 249906108<br>LEI: 875500NEPA7JI5EOMN45 | Long             | EC               | CORP              | CA        |      9171 | NS      | $803929.86    | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Diebold Nixdorf Inc                  | Diebold Nixdorf Inc                  | CUSIP: 253651202<br>LEI: 549300XZK6EWDBAZSY16 | Long             | EC               | CORP              | US        |     40717 | NS      | $2764277.13   | 2.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Donaldson Co Inc                     | Donaldson Co Inc                     | CUSIP: 257651109<br>LEI: OZE6KXY9QQPR8EJ8WL20 | Long             | EC               | CORP              | US        |     17587 | NS      | $1559263.42   | 1.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Doximity Inc                         | Doximity Inc                         | CUSIP: 26622P107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     42913 | NS      | $1900187.64   | 1.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Dycom Industries Inc                 | Dycom Industries Inc                 | CUSIP: 267475101<br>LEI: 549300F56EKTHQI3WT60 | Long             | EC               | CORP              | US        |      3512 | NS      | $1186704.80   | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Dynatrace Inc                        | Dynatrace Inc                        | CUSIP: 268150109<br>LEI: 6488T0Z33CE9L61EX904 | Long             | EC               | CORP              | US        |     32914 | NS      | $1426492.76   | 1.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Eagle Materials Inc                  | Eagle Materials Inc                  | CUSIP: 26969P108<br>LEI: 529900KRXRGXL61SG039 | Long             | EC               | CORP              | US        |      5502 | NS      | $1137153.36   | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| East West Bancorp Inc                | East West Bancorp Inc                | CUSIP: 27579R104<br>LEI: 254900O4X656YXFOYB11 | Long             | EC               | CORP              | US        |     14570 | NS      | $1637522.30   | 1.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Embecta Corp                         | Embecta Corp                         | CUSIP: 29082K105<br>LEI: 549300RPG8GXVDHNXZ62 | Long             | EC               | CORP              | US        |     69771 | NS      | $828879.48    | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Encompass Health Corp                | Encompass Health Corp                | CUSIP: 29261A100<br>LEI: 549300FVRPM9DRQZRG64 | Long             | EC               | CORP              | US        |      9496 | NS      | $1007905.44   | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Equity LifeStyle Properties Inc      | Equity LifeStyle Properties Inc      | CUSIP: 29472R108<br>LEI: 529900PEQG66LENB6798 | Long             | EC               |  | US        |     26906 | NS      | $1630772.66   | 1.33%             |  |  |  | No            |                  1 | On Loan: No      |
| ExlService Holdings Inc              | ExlService Holdings Inc              | CUSIP: 302081104<br>LEI: 81E3DTNF6OSH489ZOV15 | Long             | EC               | CORP              | US        |     20808 | NS      | $883091.52    | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| F5 Inc                               | F5 Inc                               | CUSIP: 315616102<br>LEI: 54930015FPK9KT966303 | Long             | EC               | CORP              | US        |      6197 | NS      | $1581846.22   | 1.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Flowserve Corp                       | Flowserve Corp                       | CUSIP: 34354P105<br>LEI: 6Y0GK87T6V7NJKZJVM41 | Long             | EC               | CORP              | US        |     22563 | NS      | $1565420.94   | 1.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Freshpet Inc                         | Freshpet Inc                         | CUSIP: 358039105<br>LEI: 549300S4ZK8ZQ6HNPN59 | Long             | EC               | CORP              | US        |     14847 | NS      | $904627.71    | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| GXO Logistics Inc                    | GXO Logistics Inc                    | CUSIP: 36262G101<br>LEI: 5493007CNWMXN78JRN66 | Long             | EC               | CORP              | US        |     27572 | NS      | $1451390.08   | 1.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Garrett Motion Inc                   | Garrett Motion Inc                   | CUSIP: 366505105<br>LEI: 549300LS5WT7EMBNV724 | Long             | EC               | CORP              | US        |     80606 | NS      | $1404962.58   | 1.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Grand Canyon Education Inc           | Grand Canyon Education Inc           | CUSIP: 38526M106<br>LEI: 529900XFER799IYOSW74 | Long             | EC               | CORP              | US        |     10005 | NS      | $1663931.55   | 1.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Halozyme Therapeutics Inc            | Halozyme Therapeutics Inc            | CUSIP: 40637H109<br>LEI: 529900242I3SV9AGM753 | Long             | EC               | CORP              | US        |     16986 | NS      | $1143157.80   | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| HealthEquity Inc                     | HealthEquity Inc                     | CUSIP: 42226A107<br>LEI: 529900LRJU1RAFQHM467 | Long             | EC               | CORP              | US        |     16978 | NS      | $1555354.58   | 1.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Healthcare Realty Trust Inc          | Healthcare Realty Trust Inc          | CUSIP: 42226K105<br>LEI: 549300L0I14L7I0VLX84 | Long             | EC               |  | US        |     97442 | NS      | $1651641.90   | 1.34%             |  |  |  | No            |                  1 | On Loan: No      |
| IDACORP Inc                          | IDACORP Inc                          | CUSIP: 451107106<br>LEI: N134NUJDWN8UEFA8B673 | Long             | EC               | CORP              | US        |     15816 | NS      | $2001672.96   | 1.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Integer Holdings Corp                | Integer Holdings Corp                | CUSIP: 45826H109<br>LEI: 549300SUD2ED5XG6X569 | Long             | EC               | CORP              | US        |     20900 | NS      | $1639187.00   | 1.33%             |  |  |  | No            |                  1 | On Loan: No      |
| JBT Marel Corp                       | JBT Marel Corp                       | CUSIP: 477839104<br>LEI: 5493007CT6ATBZ2L6826 | Long             | EC               | CORP              | US        |     12029 | NS      | $1812409.43   | 1.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Jones Lang LaSalle Inc               | Jones Lang LaSalle Inc               | CUSIP: 48020Q107<br>LEI: 6SYKCME112RT8TQUO411 | Long             | EC               | CORP              | US        |      5974 | NS      | $2010071.78   | 1.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Marzetti Company/The                 | Marzetti Company/The                 | CUSIP: 513847103<br>LEI: 529900X4O13HED1ZAS58 | Long             | EC               | CORP              | US        |      4864 | NS      | $799738.88    | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Lincoln Electric Holdings Inc        | Lincoln Electric Holdings Inc        | CUSIP: 533900106<br>LEI: BIMGBY40SIN95O01BN93 | Long             | EC               | CORP              | US        |      6102 | NS      | $1462283.28   | 1.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Louisiana-Pacific Corp               | Louisiana-Pacific Corp               | CUSIP: 546347105<br>LEI: 549300C7E2UAO5BVRR75 | Long             | EC               | CORP              | US        |      9172 | NS      | $740730.72    | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Maplebear Inc                        | Maplebear Inc                        | CUSIP: 565394103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     25574 | NS      | $1150318.52   | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Mercury Systems Inc                  | Mercury Systems Inc                  | CUSIP: 589378108<br>LEI: 549300P3B84SGK7HH679 | Long             | EC               | CORP              | US        |     17261 | NS      | $1260225.61   | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Merit Medical Systems Inc            | Merit Medical Systems Inc            | CUSIP: 589889104<br>LEI: 549300OYTY138SP2CE83 | Long             | EC               | CORP              | US        |     17647 | NS      | $1555406.58   | 1.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Mueller Industries Inc               | Mueller Industries Inc               | CUSIP: 624756102<br>LEI: 5493005IZFE4VJLLYG84 | Long             | EC               | CORP              | US        |     12460 | NS      | $1430408.00   | 1.16%             |  |  |  | No            |                  1 | On Loan: No      |
| National Vision Holdings Inc         | National Vision Holdings Inc         | CUSIP: 63845R107<br>LEI: 549300JHURCBLI5ROA42 | Long             | EC               | CORP              | US        |     40099 | NS      | $1035356.18   | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| OSI Systems Inc                      | OSI Systems Inc                      | CUSIP: 671044105<br>LEI: DDX3MPX1Y8YD30050X33 | Long             | EC               | CORP              | US        |      4218 | NS      | $1075843.08   | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Old National Bancorp/IN              | Old National Bancorp/IN              | CUSIP: 680033107<br>LEI: 549300MMK90CL5KMVX16 | Long             | EC               | CORP              | US        |     93138 | NS      | $2077908.78   | 1.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Onto Innovation Inc                  | Onto Innovation Inc                  | CUSIP: 683344105<br>LEI: 254900RXZVN73CHOO062 | Long             | EC               | CORP              | US        |     13728 | NS      | $2167102.08   | 1.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Owens Corning                        | Owens Corning                        | CUSIP: 690742101<br>LEI: JO5M6676RDJIZ2U8X907 | Long             | EC               | CORP              | US        |      7474 | NS      | $836415.34    | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Perella Weinberg Partners            | Perella Weinberg Partners            | CUSIP: 71367G102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     45320 | NS      | $784036.00    | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Pool Corp                            | Pool Corp                            | CUSIP: 73278L105<br>LEI: 5493005VZK1KMN6CO617 | Long             | EC               | CORP              | US        |      5840 | NS      | $1335900.00   | 1.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Primo Brands Corp                    | Primo Brands Corp                    | CUSIP: 741623102<br>LEI: 254900J0WS4AXV2LAX55 | Long             | EC               | CORP              | US        |     87545 | NS      | $1431360.75   | 1.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Pure Storage Inc                     | Pure Storage Inc                     | CUSIP: 74624M102<br>LEI: 549300NPDB0BZTK3WO90 | Long             | EC               | CORP              | US        |     19047 | NS      | $1276339.47   | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Quaker Chemical Corp                 | Quaker Chemical Corp                 | CUSIP: 747316107<br>LEI: 549300PJQ1R3WCWCPS54 | Long             | EC               | CORP              | US        |      9119 | NS      | $1252129.89   | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Q2 Holdings Inc                      | Q2 Holdings Inc                      | CUSIP: 74736L109<br>LEI: 549300M9RKR9DZXWS696 | Long             | EC               | CORP              | US        |     12456 | NS      | $898824.96    | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Revolve Group Inc                    | Revolve Group Inc                    | CUSIP: 76156B107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     51284 | NS      | $1548263.96   | 1.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Rexford Industrial Realty Inc        | Rexford Industrial Realty Inc        | CUSIP: 76169C100<br>LEI: 549300MSLO0DF0EMX355 | Long             | EC               |  | US        |     42203 | NS      | $1634100.16   | 1.33%             |  |  |  | No            |                  1 | On Loan: No      |
| GeneDx Holdings Corp                 | GeneDx Holdings Corp                 | CUSIP: 81663L200<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4957 | NS      | $644707.42    | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Simply Good Foods Co/The             | Simply Good Foods Co/The             | CUSIP: 82900L102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     31069 | NS      | $623865.52    | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Champion Homes Inc                   | Champion Homes Inc                   | CUSIP: 830830105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     18113 | NS      | $1530548.50   | 1.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Fixed Income Clearing Corp           | FIXED INC CLEARING CORP.REPO         | CUSIP: 000000000<br>LEI: 549300H47WTHXPU08X20 | Long             | RA               | CORP              | US        |   1184474 | PA      | $1184474.12   | 0.96%             |  |  |  | No            |                  2 | On Loan: No      |
| Sylvamo Corp                         | Sylvamo Corp                         | CUSIP: 871332102<br>LEI: 5493001AOYU1ZOWOC971 | Long             | EC               | CORP              | US        |     31381 | NS      | $1510995.15   | 1.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Talen Energy Corp                    | Talen Energy Corp                    | CUSIP: 87422Q109<br>LEI: K5K33XN0PQAU1XF7NN66 | Long             | EC               | CORP              | US        |      5176 | NS      | $1940171.84   | 1.58%             |  |  |  | No            |                  1 | On Loan: No      |
| TransUnion                           | TransUnion                           | CUSIP: 89400J107<br>LEI: 549300ZS772LUNUMRB03 | Long             | EC               | CORP              | US        |     20362 | NS      | $1746041.50   | 1.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Twist Bioscience Corp                | Twist Bioscience Corp                | CUSIP: 90184D100<br>LEI: 549300T23BL59LCOH584 | Long             | EC               | CORP              | US        |     28331 | NS      | $898659.32    | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| UL Solutions Inc                     | UL Solutions Inc                     | CUSIP: 903731107<br>LEI: 549300F7CUV5ESKV9P71 | Long             | EC               | CORP              | US        |     16770 | NS      | $1322482.20   | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Vericel Corp                         | Vericel Corp                         | CUSIP: 92346J108<br>LEI: 54930076YM3PLTDR4B91 | Long             | EC               | CORP              | US        |     45767 | NS      | $1648069.67   | 1.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Verra Mobility Corp                  | Verra Mobility Corp                  | CUSIP: 92511U102<br>LEI: 549300XX5EKGLR0M4152 | Long             | EC               | CORP              | US        |     50375 | NS      | $1128903.75   | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Waystar Holding Corp                 | Waystar Holding Corp                 | CUSIP: 946784105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     48061 | NS      | $1573997.75   | 1.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Western Alliance Bancorp             | Western Alliance Bancorp             | CUSIP: 957638109<br>LEI: 5493003VJXZ5JXT9S762 | Long             | EC               | CORP              | US        |     19083 | NS      | $1604307.81   | 1.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Everest Group Ltd                    | Everest Group Ltd                    | CUSIP: 000000000<br>LEI: 549300N24XF2VV0B3570 | Long             | EC               | CORP              | BM        |      6870 | NS      | $2331334.50   | 1.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Weatherford International PLC        | Weatherford International PLC        | CUSIP: 000000000<br>LEI: 529900LPBDSCQDJKHQ39 | Long             | EC               | CORP              | IE        |     12859 | NS      | $1006345.34   | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Marex Group PLC                      | Marex Group PLC                      | CUSIP: 000000000<br>LEI: 549300DWX0SVICJAL507 | Long             | EC               | CORP              | GB        |     36571 | NS      | $1402863.56   | 1.14%             |  |  |  | No            |                  1 | On Loan: No      |
| nVent Electric PLC                   | nVent Electric PLC                   | CUSIP: 000000000<br>LEI: 254900LK60A9DK5W5N81 | Long             | EC               | CORP              | IE        |     10155 | NS      | $1035505.35   | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| SharkNinja Inc                       | SharkNinja Inc                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KY        |     14188 | NS      | $1587637.20   | 1.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Tecnoglass Inc                       | Tecnoglass Inc                       | CUSIP: 000000000<br>LEI: 529900YRWTPOC2E6IO67 | Long             | EC               | CORP              | KY        |     11849 | NS      | $596241.68    | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-01-15

**Name of Applicant:** WILLIAM BLAIR FUNDS

**Signature:** John Raczek

**Name of Signer:** John Raczek

**Title:** Principal Financial Officer