# EDGAR Filing Document

**Accession Number:** 0000916620
**File Stem:** 0002066578-26-001915
**Filing Date:** 2026-5
**Character Count:** 58685
**Document Hash:** 7a2acc3f4963ba5f7eab01cb42726792
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002066578-26-001915.hdr.sgml**: 20260528

**ACCESSION NUMBER**: 0002066578-26-001915

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260528

**DATE AS OF CHANGE**: 20260528

**PERIOD START**: 20260331

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** NORTHERN FUNDS
- **CENTRAL INDEX KEY:** 0000916620

**ORGANIZATION NAME:**
- **EIN:** 391777365
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0331

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-08236
- **FILM NUMBER:** 261034959

**BUSINESS ADDRESS:**
- **STREET 1:** NORTHERN FUNDS
- **STREET 2:** 50 SOUTH LASALLE STREET
- **CITY:** CHICAGO
- **STATE:** IL
- **ZIP:** 60603
- **BUSINESS PHONE:** 800-595-9111

**MAIL ADDRESS:**
- **STREET 1:** NORTHERN FUNDS
- **STREET 2:** 50 SOUTH LASALLE STREET
- **CITY:** CHICAGO
- **STATE:** IL
- **ZIP:** 60603

## Series and Classes Contracts Data

### LARGE CAP CORE FUND (Series ID: S000001243)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000003389 | LARGE CAP CORE FUND | NOLCX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Northern Funds

- **b. Investment Company Act file number:** 811-08236

- **c. CIK number of Registrant:** 0000916620

- **d. LEI of Registrant:** 5493004ZY1PEJR3C0A81

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

  - **Street Address 1:** 50 South LaSalle Street

  - **City:** Chicago

  - **State:** IL

  - **Foreign country:** US

  - **Zip / Postal Code:** 60603

  - **Telephone number:** 800-595-9111

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

- **a. Name of Series:** Large Cap Core Fund

- **b. EDGAR series identifier (if any):** S000001243

- **c. LEI of Series:** 549300HY1O3IY4P7XW24

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

- **a. Date of fiscal year-end:** 2026-03-31

- **b. Date as of which information is reported:** 2026-03-31

**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:** $323164064.37

**Total Liabilities:** $85663.48

**Net Assets:** $323078400.89

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000003389 | 1.23%                | -0.59%               | -4.17%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $781837.39               | $3207497.80                                |
| Month 2  | $2021346.77              | $-4264687.47                               |
| Month 3  | $1092259.00              | $-15321924.70                              |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| EBAY INC                                      | EBAY INC                                      | CUSIP: 278642103<br>LEI: OML71K8X303XQONU6T67 | Long             | EC               | CORP              | US        |     21777 | NS      | $1982142.54   | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| EXPEDITORS INTL. OF WASHI                     | EXPEDITORS INTL. OF WASHI                     | CUSIP: 302130109<br>LEI: 984500B055A804AB6E40 | Long             | EC               | CORP              | US        |      9308 | NS      | $1333184.84   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| MGIC INV. CORP                                | MGIC INV. CORP                                | CUSIP: 552848103<br>LEI: 254900S8483WM4M98R28 | Long             | EC               | CORP              | US        |     80041 | NS      | $2101076.25   | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| MICRON TECH. INC                              | MICRON TECH. INC                              | CUSIP: 595112103<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | EC               | CORP              | US        |      5764 | NS      | $1947309.76   | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| INTERNATIONAL BUSINESS MA                     | INTERNATIONAL BUSINESS MA                     | CUSIP: 459200101<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | EC               | CORP              | US        |       368 | NS      | $89199.52     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| GAP INC/THE                                   | GAP INC/THE                                   | CUSIP: 364760108<br>LEI: T2ZG1WRWZ4BUCMQL9224 | Long             | EC               | CORP              | US        |      1513 | NS      | $36614.60     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| PROCTER & GAMBLE CO/THE                       | PROCTER & GAMBLE CO/THE                       | CUSIP: 742718109<br>LEI: 2572IBTT8CCZW6AU4141 | Long             | EC               | CORP              | US        |     26974 | NS      | $3896124.56   | 1.21%             |  |  |  | No            |                  1 | On Loan: No      |
| MILLICOM INTL. CELLULAR S                     | MILLICOM INTL. CELLULAR S                     | CUSIP: L6388F110<br>LEI: 549300CTHC1CP86P2G96 | Long             | EC               | CORP              | LU        |      7874 | NS      | $590077.56    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| DECKERS OUTDOOR CORP                          | DECKERS OUTDOOR CORP                          | CUSIP: 243537107<br>LEI: 5493008LG4W3I6K8J118 | Long             | EC               | CORP              | US        |      3918 | NS      | $392152.62    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| NRG ENERGY INC                                | NRG ENERGY INC                                | CUSIP: 629377508<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | EC               | CORP              | US        |      8566 | NS      | $1251835.24   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| LAS VEGAS SANDS CORP                          | LAS VEGAS SANDS CORP                          | CUSIP: 517834107<br>LEI: 549300DUOO1KXOHPM605 | Long             | EC               | CORP              | US        |      2802 | NS      | $150971.76    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| CF INDS. HLDGS. INC                           | CF INDS. HLDGS. INC                           | CUSIP: 125269100<br>LEI: 529900CG8YAQFZ2JMV97 | Long             | EC               | CORP              | US        |     23259 | NS      | $3019948.56   | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| CH ROBINSON WORLDWIDE INC                     | CH ROBINSON WORLDWIDE INC                     | CUSIP: 12541W209<br>LEI: 529900WNWN5L0OVDHA79 | Long             | EC               | CORP              | US        |     12206 | NS      | $2027050.42   | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| AT&T INC                                      | AT&T INC                                      | CUSIP: 00206R102<br>LEI: 549300Z40J86GGSTL398 | Long             | EC               | CORP              | US        |     81129 | NS      | $2351929.71   | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| FIDELITY NATL. INFO. SERV                     | FIDELITY NATL. INFO. SERV                     | CUSIP: 31620M106<br>LEI: 6WQI0GK1PRFVBA061U48 | Long             | EC               | CORP              | US        |     18389 | NS      | $862627.99    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| MASTERCARD INCORPORATED C                     | MASTERCARD INCORPORATED C                     | CUSIP: 57636Q104<br>LEI: AR5L2ODV9HN37376R084 | Long             | EC               | CORP              | US        |       610 | NS      | $304792.60    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| EXXON MOBIL CORP                              | EXXON MOBIL CORP                              | CUSIP: 30231G102<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | EC               | CORP              | US        |      9795 | NS      | $1661819.70   | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| PILGRIM S PRIDE CORP                          | PILGRIM S PRIDE CORP                          | CUSIP: 72147K108<br>LEI: 549300ZSLGV64ZL3HD75 | Long             | EC               | CORP              | US        |      6898 | NS      | $260468.48    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| TESLA INC                                     | TESLA INC                                     | CUSIP: 88160R101<br>LEI: 54930043XZGB27CTOV49 | Long             | EC               | CORP              | US        |     10793 | NS      | $4012297.75   | 1.24%             |  |  |  | No            |                  1 | On Loan: No      |
| CITIGROUP INC                                 | CITIGROUP INC                                 | CUSIP: 172967424<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | EC               | CORP              | US        |     21714 | NS      | $2462584.74   | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| HALOZYME THERAPEUTICS INC                     | HALOZYME THERAPEUTICS INC                     | CUSIP: 40637H109<br>LEI: 529900242I3SV9AGM753 | Long             | EC               | CORP              | US        |      1163 | NS      | $75164.69     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| BANK OF NEW YORK MELLON C                     | BANK OF NEW YORK MELLON C                     | CUSIP: 064058100<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | EC               | CORP              | US        |     21474 | NS      | $2547460.62   | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| BERKSHIRE HATHAWAY INC                        | BERKSHIRE HATHAWAY INC                        | CUSIP: 084670702<br>LEI: 5493000C01ZX7D35SD85 | Long             | EC               | CORP              | US        |     10070 | NS      | $4825544.00   | 1.49%             |  |  |  | No            |                  1 | On Loan: No      |
| APA CORP                                      | APA CORP                                      | CUSIP: 03743Q108<br>LEI: 549300VCIWLRHYVSHC79 | Long             | EC               | CORP              | US        |     76941 | NS      | $3265376.04   | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| ARISTA NETWORKS INC                           | ARISTA NETWORKS INC                           | CUSIP: 040413205<br>LEI: 635400H1WKBLOQERUU95 | Long             | EC               | CORP              | US        |      6476 | NS      | $795123.28    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| BEST BUY CO INC                               | BEST BUY CO INC                               | CUSIP: 086516101<br>LEI: HL5XPTVRV0O8TUN5LL90 | Long             | EC               | CORP              | US        |      8860 | NS      | $568812.00    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| UNITED PARCEL SERV. INC                       | UNITED PARCEL SERV. INC                       | CUSIP: 911312106<br>LEI: D01LMJZU09ULLNCY6Z23 | Long             | EC               | CORP              | US        |       458 | NS      | $45058.04     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| CARDINAL HEALTH INC                           | CARDINAL HEALTH INC                           | CUSIP: 14149Y108<br>LEI: CCU46N3GJMF4OK4N7U60 | Long             | EC               | CORP              | US        |      2018 | NS      | $426423.58    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| CATERPILLAR INC                               | CATERPILLAR INC                               | CUSIP: 149123101<br>LEI: WRJR7GS4GTRECRRTVX92 | Long             | EC               | CORP              | US        |      5516 | NS      | $3907865.36   | 1.21%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMORGAN CHASE & CO                           | JPMORGAN CHASE & CO                           | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               | CORP              | US        |     19701 | NS      | $5795246.16   | 1.79%             |  |  |  | No            |                  1 | On Loan: No      |
| CISCO SYSTEMS INC                             | CISCO SYSTEMS INC                             | CUSIP: 17275R102<br>LEI: 549300LKFJ962MZ46593 | Long             | EC               | CORP              | US        |     49862 | NS      | $3868792.58   | 1.20%             |  |  |  | No            |                  1 | On Loan: No      |
| CONSOLIDATED EDISON INC                       | CONSOLIDATED EDISON INC                       | CUSIP: 209115104<br>LEI: 54930033SBW53OO8T749 | Long             | EC               | CORP              | US        |      7034 | NS      | $796108.12    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| SEALED AIR CORP                               | SEALED AIR CORP                               | CUSIP: 81211K100<br>LEI: Q0M0CZB4YN6JZ65WXI09 | Long             | EC               | CORP              | US        |     25579 | NS      | $1075596.95   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| MORGAN STANLEY                                | MORGAN STANLEY                                | CUSIP: 617446448<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | EC               | CORP              | US        |       216 | NS      | $35547.12     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| DONALDSON CO INC                              | DONALDSON CO INC                              | CUSIP: 257651109<br>LEI: OZE6KXY9QQPR8EJ8WL20 | Long             | EC               | CORP              | US        |      2418 | NS      | $205215.66    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| OMNICOM GRP. INC                              | OMNICOM GRP. INC                              | CUSIP: 681919106<br>LEI: HKUPACFHSSASQK8HLS17 | Long             | EC               | CORP              | US        |     14618 | NS      | $1100881.58   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| BANK OF AMERICA CORP                          | BANK OF AMERICA CORP                          | CUSIP: 060505104<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EC               | CORP              | US        |     48754 | NS      | $2376757.50   | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| EMERSON ELECTRIC CO                           | EMERSON ELECTRIC CO                           | CUSIP: 291011104<br>LEI: FGLT0EWZSUIRRITFOA30 | Long             | EC               | CORP              | US        |      2809 | NS      | $368035.18    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| EOG RES. INC                                  | EOG RES. INC                                  | CUSIP: 26875P101<br>LEI: XWTZDRYZPBUHIQBKDB46 | Long             | EC               | CORP              | US        |     12468 | NS      | $1802498.76   | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| FORD MOTOR CO                                 | FORD MOTOR CO                                 | CUSIP: 345370860<br>LEI: 20S05OYHG0MQM4VUIC57 | Long             | EC               | CORP              | US        |      8559 | NS      | $98770.86     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| FISERV INC                                    | FISERV INC                                    | CUSIP: 337738108<br>LEI: GI7UBEJLXYLGR2C7GV83 | Long             | EC               | CORP              | US        |     12518 | NS      | $698504.40    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| RESMED INC                                    | RESMED INC                                    | CUSIP: 761152107<br>LEI: 529900T3QE5253CCXF22 | Long             | EC               | CORP              | US        |      9111 | NS      | $2045237.28   | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| GENERAL DYNAMICS CORP                         | GENERAL DYNAMICS CORP                         | CUSIP: 369550108<br>LEI: 9C1X8XOOTYY2FNYTVH06 | Long             | EC               | CORP              | US        |      7578 | NS      | $2600921.16   | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| GENERAL MILLS INC                             | GENERAL MILLS INC                             | CUSIP: 370334104<br>LEI: 2TGYMUGI08PO8X8L6150 | Long             | EC               | CORP              | US        |      4530 | NS      | $168606.60    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| GILEAD SCIENCES INC                           | GILEAD SCIENCES INC                           | CUSIP: 375558103<br>LEI: 549300WTZWR07K8MNV44 | Long             | EC               | CORP              | US        |      1799 | NS      | $250726.63    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| EXELON CORP                                   | EXELON CORP                                   | CUSIP: 30161N101<br>LEI: 3SOUA6IRML7435B56G12 | Long             | EC               | CORP              | US        |     30332 | NS      | $1486874.64   | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| US BANCORP                                    | US BANCORP                                    | CUSIP: 902973304<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | EC               | CORP              | US        |     12302 | NS      | $639827.02    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| ILLINOIS TOOL WORKS INC                       | ILLINOIS TOOL WORKS INC                       | CUSIP: 452308109<br>LEI: 76NA4I14SZCFAYMNSV04 | Long             | EC               | CORP              | US        |      8741 | NS      | $2275194.89   | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| INCYTE CORP                                   | INCYTE CORP                                   | CUSIP: 45337C102<br>LEI: 549300Z4WN6JVZ3T4680 | Long             | EC               | CORP              | US        |       713 | NS      | $67107.56     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| KROGER CO/THE                                 | KROGER CO/THE                                 | CUSIP: 501044101<br>LEI: 6CPEOKI6OYJ13Q6O7870 | Long             | EC               | CORP              | US        |     31426 | NS      | $2273985.36   | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| ELI LILLY & CO COM NPV                        | ELI LILLY & CO COM NPV                        | CUSIP: 532457108<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | EC               | CORP              | US        |      2518 | NS      | $2315980.86   | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| COSTCO WHOLESALE CORP                         | COSTCO WHOLESALE CORP                         | CUSIP: 22160K105<br>LEI: 29DX7H14B9S6O3FD6V18 | Long             | EC               | CORP              | US        |       825 | NS      | $822054.75    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| TRAVEL + LEISURE CO                           | TRAVEL + LEISURE CO                           | CUSIP: 894164102<br>LEI: T4VNTWMFQ7JQB65L7T35 | Long             | EC               | CORP              | US        |     17308 | NS      | $1197540.52   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| CONSTELLATION ENERGY CORP                     | CONSTELLATION ENERGY CORP                     | CUSIP: 21037T109<br>LEI: 549300F8Y20RYGNGV346 | Long             | EC               | CORP              | US        |      3981 | NS      | $1111694.25   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| FERGUSON ENTS. INC                            | FERGUSON ENTS. INC                            | CUSIP: 31488V107<br>LEI: 2138003JYQMRP3SLX189 | Long             | EC               | CORP              | US        |       758 | NS      | $176811.08    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| GENERAL ELECTRIC CO                           | GENERAL ELECTRIC CO                           | CUSIP: 369604301<br>LEI: 3C7474T6CDKPR9K6YT90 | Long             | EC               | CORP              | US        |      8621 | NS      | $2446381.17   | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| APTIV PLC                                     | APTIV PLC                                     | CUSIP: G3265R107<br>LEI: N/A                  | Long             | EC               | CORP              | JE        |     16032 | NS      | $1113262.08   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| LAM RESEARCH CORP                             | LAM RESEARCH CORP                             | CUSIP: 512807306<br>LEI: 549300I4GMO6D34U1T02 | Long             | EC               | CORP              | US        |      5976 | NS      | $1276832.16   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| APPLOVIN CORP                                 | APPLOVIN CORP                                 | CUSIP: 03831W108<br>LEI: 549300LLVXMUAOL3SQ07 | Long             | EC               | CORP              | US        |      1461 | NS      | $581478.00    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| GE VERNOVA INC                                | GE VERNOVA INC                                | CUSIP: 36828A101<br>LEI: 254900DP080RU6OK2553 | Long             | EC               | CORP              | US        |       547 | NS      | $477476.30    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| AMAZON.COM INC                                | AMAZON.COM INC                                | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |     50502 | NS      | $10518051.54  | 3.26%             |  |  |  | No            |                  1 | On Loan: No      |
| ABBOTT LABORATORIES                           | ABBOTT LABORATORIES                           | CUSIP: 002824100<br>LEI: HQD377W2YR662HK5JX27 | Long             | EC               | CORP              | US        |      5337 | NS      | $547949.79    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| AMGEN INC                                     | AMGEN INC                                     | CUSIP: 031162100<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | EC               | CORP              | US        |      8712 | NS      | $3065317.20   | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| AFLAC INC                                     | AFLAC INC                                     | CUSIP: 001055102<br>LEI: 549300N0B7DOGLXWPP39 | Long             | EC               | CORP              | US        |     20706 | NS      | $2271655.26   | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| VALERO ENERGY CORP                            | VALERO ENERGY CORP                            | CUSIP: 91913Y100<br>LEI: 549300XTO5VR8SKV1V74 | Long             | EC               | CORP              | US        |      6252 | NS      | $1544744.16   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| NVIDIA CORP                                   | NVIDIA CORP                                   | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |    149803 | NS      | $26125643.20  | 8.09%             |  |  |  | No            |                  1 | On Loan: No      |
| MCKESSON CORP                                 | MCKESSON CORP                                 | CUSIP: 58155Q103<br>LEI: 549300WZWOM80UCFSF54 | Long             | EC               | CORP              | US        |      2966 | NS      | $2566657.76   | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| APPLE INC                                     | APPLE INC                                     | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |     92268 | NS      | $23416695.72  | 7.25%             |  |  |  | No            |                  1 | On Loan: No      |
| APPLIED MATS. INC                             | APPLIED MATS. INC                             | CUSIP: 038222105<br>LEI: 41BNNE1AFPNAZELZ6K07 | Long             | EC               | CORP              | US        |      1945 | NS      | $664781.55    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| AUTOMATIC DATA PROCESSING                     | AUTOMATIC DATA PROCESSING                     | CUSIP: 053015103<br>LEI: HGBOLILQXWER4SAL2I23 | Long             | EC               | CORP              | US        |     10244 | NS      | $2081375.92   | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| AFFILIATED MGRS. GRP. INC                     | AFFILIATED MGRS. GRP. INC                     | CUSIP: 008252108<br>LEI: 2JE75BUE3T1BLCYYGK54 | Long             | EC               | CORP              | US        |      4732 | NS      | $1309344.40   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| BROWN-FORMAN CORP                             | BROWN-FORMAN CORP                             | CUSIP: 115637209<br>LEI: 549300873K3LXF7ARU34 | Long             | EC               | CORP              | US        |     11446 | NS      | $302632.24    | 0.09%             |  |  |  | No            |                  1 | On Loan: —       |
| KLA CORP                                      | KLA CORP                                      | CUSIP: 482480100<br>LEI: 549300H0BF5JCG96TJ81 | Long             | EC               | CORP              | US        |      2010 | NS      | $2959544.10   | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| NETFLIX INC                                   | NETFLIX INC                                   | CUSIP: 64110L106<br>LEI: 549300Y7VHGU0I7CE873 | Long             | EC               | CORP              | US        |     19738 | NS      | $1897808.70   | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| ROYAL CARIBBEAN CRUISES L                     | ROYAL CARIBBEAN CRUISES L                     | CUSIP: V7780T103<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | EC               | CORP              | LR        |       581 | NS      | $159879.58    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| SYSCO CORP                                    | SYSCO CORP                                    | CUSIP: 871829107<br>LEI: 5RGWIFLMGH3YS7KWI652 | Long             | EC               | CORP              | US        |      1741 | NS      | $124185.53    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| HCA HEALTHCARE INC                            | HCA HEALTHCARE INC                            | CUSIP: 40412C101<br>LEI: 529900PH4ZGUH2MNEU89 | Long             | EC               | CORP              | US        |      4917 | NS      | $2326921.08   | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| TAPESTRY INC                                  | TAPESTRY INC                                  | CUSIP: 876030107<br>LEI: 549300LJNVY5SW3VTN33 | Long             | EC               | CORP              | US        |     13787 | NS      | $1945483.57   | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| ALLISON TRANSMISSION HLDG                     | ALLISON TRANSMISSION HLDG                     | CUSIP: 01973R101<br>LEI: 529900RP7DJ882LI9T83 | Long             | EC               | CORP              | US        |      9496 | NS      | $1111601.76   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| FOX CORP                                      | FOX CORP                                      | CUSIP: 35137L105<br>LEI: 549300DDU6FDRBIELS05 | Long             | EC               | CORP              | US        |     31979 | NS      | $1867573.60   | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| ADVANCED MICRO DEVICES IN                     | ADVANCED MICRO DEVICES IN                     | CUSIP: 007903107<br>LEI: R2I72C950HOYXII45366 | Long             | EC               | CORP              | US        |      2148 | NS      | $436967.64    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| ADOBE INC COM                                 | ADOBE INC COM                                 | CUSIP: 00724F101<br>LEI: FU4LY2G4933NH2E1CP29 | Long             | EC               | CORP              | US        |     10529 | NS      | $2559389.32   | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| JONES LANG LASALLE INC                        | JONES LANG LASALLE INC                        | CUSIP: 48020Q107<br>LEI: 6SYKCME112RT8TQUO411 | Long             | EC               | CORP              | US        |      5083 | NS      | $1546858.56   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| ARCHER-DANIELS-MIDLAND CO                     | ARCHER-DANIELS-MIDLAND CO                     | CUSIP: 039483102<br>LEI: 549300LO13MQ9HYSTR83 | Long             | EC               | CORP              | US        |     18065 | NS      | $1313144.85   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| GOLDMAN SACHS GRP. INC/TH                     | GOLDMAN SACHS GRP. INC/TH                     | CUSIP: 38141G104<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | EC               | CORP              | US        |      4004 | NS      | $3387343.96   | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| VERIZON COMMS. INC                            | VERIZON COMMS. INC                            | CUSIP: 92343V104<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | EC               | CORP              | US        |     64113 | NS      | $3218472.60   | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| FIRSTENERGY CORP                              | FIRSTENERGY CORP                              | CUSIP: 337932107<br>LEI: 549300SVYJS666PQJH88 | Long             | EC               | CORP              | US        |     16382 | NS      | $829912.12    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| BORGWARNER INC                                | BORGWARNER INC                                | CUSIP: 099724106<br>LEI: 549300DSFX2IE88NSX47 | Long             | EC               | CORP              | US        |     19867 | NS      | $1077983.42   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| COGNIZANT TECH. SOLS. COR                     | COGNIZANT TECH. SOLS. COR                     | CUSIP: 192446102<br>LEI: 5493006IEVQEFQO40L83 | Long             | EC               | CORP              | US        |      9610 | NS      | $589573.50    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| BRISTOL-MYERS SQUIBB CO                       | BRISTOL-MYERS SQUIBB CO                       | CUSIP: 110122108<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | EC               | CORP              | US        |     38394 | NS      | $2328596.10   | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| AMPHENOL CORP                                 | AMPHENOL CORP                                 | CUSIP: 032095101<br>LEI: 549300D3L3G0R4U4VT04 | Long             | EC               | CORP              | US        |     12328 | NS      | $1557642.80   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| FRANKLIN RES. INC                             | FRANKLIN RES. INC                             | CUSIP: 354613101<br>LEI: RIFQSET379FOGTEFKS80 | Long             | EC               | CORP              | US        |     34373 | NS      | $811890.26    | 0.25%             |  |  |  | No            |                  1 | On Loan: —       |
| GLOBAL PAYMENTS INC                           | GLOBAL PAYMENTS INC                           | CUSIP: 37940X102<br>LEI: 549300NOMHGVQBX6S778 | Long             | EC               | CORP              | US        |     16547 | NS      | $1113613.10   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| HOME DEPOT INC/THE                            | HOME DEPOT INC/THE                            | CUSIP: 437076102<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | EC               | CORP              | US        |      5788 | NS      | $1903615.32   | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| INTUIT INC                                    | INTUIT INC                                    | CUSIP: 461202103<br>LEI: VI90HBPH7XSFMB9E4M29 | Long             | EC               | CORP              | US        |      7090 | NS      | $3065574.20   | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| JABIL INC                                     | JABIL INC                                     | CUSIP: 466313103<br>LEI: 5493000CGCQY2OQU7669 | Long             | EC               | CORP              | US        |      3053 | NS      | $810968.39    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| EMCOR GRP. INC                                | EMCOR GRP. INC                                | CUSIP: 29084Q100<br>LEI: 529900X0SQJB2J7YDU43 | Long             | EC               | CORP              | US        |       375 | NS      | $276866.25    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| JOHNSON & JOHNSON                             | JOHNSON & JOHNSON                             | CUSIP: 478160104<br>LEI: 549300G0CFPGEF6X2043 | Long             | EC               | CORP              | US        |     22472 | NS      | $5493055.68   | 1.70%             |  |  |  | No            |                  1 | On Loan: No      |
| LOCKHEED MARTIN CORP                          | LOCKHEED MARTIN CORP                          | CUSIP: 539830109<br>LEI: DPRBOZP0K5RM2YE8UU08 | Long             | EC               | CORP              | US        |      4205 | NS      | $2541459.95   | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| CENCORA INC                                   | CENCORA INC                                   | CUSIP: 03073E105<br>LEI: AI8GXW8LG5WK7E9UD086 | Long             | EC               | CORP              | US        |      4081 | NS      | $1282005.34   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| HOST HOTELS & RESORTS INC                     | HOST HOTELS & RESORTS INC                     | CUSIP: 44107P104<br>LEI: N6EL63S0K3PB1YFTDI24 | Long             | EC               | CORP              | US        |     99442 | NS      | $1905308.72   | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| VALMONT INDUSTRIES INC                        | VALMONT INDUSTRIES INC                        | CUSIP: 920253101<br>LEI: 5493009ZGZJJ8F77JN08 | Long             | EC               | CORP              | US        |      2348 | NS      | $938190.36    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| MICROSOFT CORP                                | MICROSOFT CORP                                | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |     47697 | NS      | $17655998.49  | 5.46%             |  |  |  | No            |                  1 | On Loan: No      |
| BOSTON BEER CO INC/THE                        | BOSTON BEER CO INC/THE                        | CUSIP: 100557107<br>LEI: 529900Q02MQ0DCQNRM58 | Long             | EC               | CORP              | US        |      1182 | NS      | $272332.80    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| NEWMONT CORP                                  | NEWMONT CORP                                  | CUSIP: 651639106<br>LEI: 549300VSP3RIX7FGDZ51 | Long             | EC               | CORP              | US        |     23407 | NS      | $2533807.75   | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| NVR INC                                       | NVR INC                                       | CUSIP: 62944T105<br>LEI: 529900RWXR4JI3JYTV70 | Long             | EC               | CORP              | US        |         7 | NS      | $46128.81     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| WELLS FARGO & CO                              | WELLS FARGO & CO                              | CUSIP: 949746101<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | EC               | CORP              | US        |      6039 | NS      | $480764.79    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| SLM CORP                                      | SLM CORP                                      | CUSIP: 78442P106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     20268 | NS      | $433937.88    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| PEPSICO INC                                   | PEPSICO INC                                   | CUSIP: 713448108<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | EC               | CORP              | US        |      2512 | NS      | $390088.48    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| QUALCOMM INC                                  | QUALCOMM INC                                  | CUSIP: 747525103<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | EC               | CORP              | US        |     12218 | NS      | $1573434.04   | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| BROADCOM INC                                  | BROADCOM INC                                  | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |     33324 | NS      | $10314111.24  | 3.19%             |  |  |  | No            |                  1 | On Loan: No      |
| NI US GOV T PORTFOLIO                         | NI US GOV T PORTFOLIO                         | CUSIP: 665278404<br>LEI: 549300Y178DO5JBR1S04 | Long             | STIV             | RF                | US        |   2418167 | NS      | $2418166.59   | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| UNITED STATES TSY. 0.00%                      | UNITED STATES TSY. 0.00%                      | CUSIP: 912797SP3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    198000 | PA      | $197278.79    | 0.06%             | 2026-05-07      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| PALANTIR TECHS. INC                           | PALANTIR TECHS. INC                           | CUSIP: 69608A108<br>LEI: 549300UVN46B3BBDHO85 | Long             | EC               | CORP              | US        |       840 | NS      | $122875.20    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| VICI PROPS. INC                               | VICI PROPS. INC                               | CUSIP: 925652109<br>LEI: 254900RKH6RY9KCJQH63 | Long             | EC               | CORP              | US        |      2063 | NS      | $56361.16     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| BOOKING HLDGS. INC                            | BOOKING HLDGS. INC                            | CUSIP: 09857L108<br>LEI: FXM8FAOHMYDIPD38UZ17 | Long             | EC               | CORP              | US        |       686 | NS      | $2888279.52   | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| GLOBE LIFE INC                                | GLOBE LIFE INC                                | CUSIP: 37959E102<br>LEI: 5493001JFHKQOPP6XA71 | Long             | EC               | CORP              | US        |     13211 | NS      | $1838574.87   | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| OVINTIV INC                                   | OVINTIV INC                                   | CUSIP: 69047Q102<br>LEI: 2549003MEX7YMKLGI239 | Long             | EC               | CORP              | US        |     39604 | NS      | $2350893.44   | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| ANTERO MIDSTREAM CORP                         | ANTERO MIDSTREAM CORP                         | CUSIP: 03676B102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      5868 | NS      | $133790.40    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| RALPH LAUREN CORP                             | RALPH LAUREN CORP                             | CUSIP: 751212101<br>LEI: HO1QNWM0IXBZ0QSMMO20 | Long             | EC               | CORP              | US        |      1254 | NS      | $431363.46    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| EXPEDIA GRP. INC                              | EXPEDIA GRP. INC                              | CUSIP: 30212P303<br>LEI: CI7MUJI4USF3V0NJ1H64 | Long             | EC               | CORP              | US        |      4114 | NS      | $949881.46    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| ULTA BEAUTY INC                               | ULTA BEAUTY INC                               | CUSIP: 90384S303<br>LEI: 529900CIV6HN8M28YM82 | Long             | EC               | CORP              | US        |       702 | NS      | $366942.42    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| PHILIP MORRIS INTL. INC                       | PHILIP MORRIS INTL. INC                       | CUSIP: 718172109<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | EC               | CORP              | US        |     10883 | NS      | $1799395.22   | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| VISA INC                                      | VISA INC                                      | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | EC               | CORP              | US        |      2920 | NS      | $882540.80    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| GENERAL MOTORS CO                             | GENERAL MOTORS CO                             | CUSIP: 37045V100<br>LEI: 54930070NSV60J38I987 | Long             | EC               | CORP              | US        |      3183 | NS      | $237133.50    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| META PLATFORMS INC CL A                       | META PLATFORMS INC CL A                       | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |     12301 | NS      | $7037771.13   | 2.18%             |  |  |  | No            |                  1 | On Loan: No      |
| EPR PROPERTIES                                | EPR PROPERTIES                                | CUSIP: 26884U109<br>LEI: 549300YSSXFHMPOWZ492 | Long             | EC               | CORP              | US        |       230 | NS      | $11490.80     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| MONSTER BEVERAGE CORP                         | MONSTER BEVERAGE CORP                         | CUSIP: 61174X109<br>LEI: 52990090AP0E7HCB6F33 | Long             | EC               | CORP              | US        |      9640 | NS      | $698514.40    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| OGE ENERGY CORP                               | OGE ENERGY CORP                               | CUSIP: 670837103<br>LEI: CE5OG6JPOZMDSA0LAQ19 | Long             | EC               | CORP              | US        |      1677 | NS      | $80428.92     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| ORACLE CORP                                   | ORACLE CORP                                   | CUSIP: 68389X105<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | EC               | CORP              | US        |       616 | NS      | $90619.76     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| PFIZER INC                                    | PFIZER INC                                    | CUSIP: 717081103<br>LEI: 765LHXWGK1KXCLTFYQ30 | Long             | EC               | CORP              | US        |     48533 | NS      | $1362806.64   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| SIMON PROP. GRP. INC                          | SIMON PROP. GRP. INC                          | CUSIP: 828806109<br>LEI: 529900GQL5X8H7AO3T64 | Long             | EC               | CORP              | US        |      8629 | NS      | $1609567.37   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| UNION PACIFIC CORP                            | UNION PACIFIC CORP                            | CUSIP: 907818108<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | EC               | CORP              | US        |      4773 | NS      | $1158025.26   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| MERCK & CO INC                                | MERCK & CO INC                                | CUSIP: 58933Y105<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | EC               | CORP              | US        |     20722 | NS      | $2492649.38   | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| SYNCHRONY FINANCIAL                           | SYNCHRONY FINANCIAL                           | CUSIP: 87165B103<br>LEI: 549300RS7EWPM9MA6C78 | Long             | EC               | CORP              | US        |     24976 | NS      | $1698867.52   | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| MEDPACE HLDGS. INC                            | MEDPACE HLDGS. INC                            | CUSIP: 58506Q109<br>LEI: 549300H8TYEUVTW14A54 | Long             | EC               | CORP              | US        |      4805 | NS      | $2307312.95   | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| INTUITIVE SURGICAL INC                        | INTUITIVE SURGICAL INC                        | CUSIP: 46120E602<br>LEI: 54930052SRG011710797 | Long             | EC               | CORP              | US        |       622 | NS      | $286735.78    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| ASSURED GUARANTY LTD                          | ASSURED GUARANTY LTD                          | CUSIP: G0585R106<br>LEI: 549300BBOQUJEPH87M14 | Long             | EC               | CORP              | BM        |     13444 | NS      | $1095417.12   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| MEDTRONIC PLC                                 | MEDTRONIC PLC                                 | CUSIP: G5960L103<br>LEI: 549300GX3ZBSQWUXY261 | Long             | EC               | CORP              | IE        |     15146 | NS      | $1312400.90   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| PAYPAL HOLDINGS INC                           | PAYPAL HOLDINGS INC                           | CUSIP: 70450Y103<br>LEI: 5493005X2GO78EFZ3E94 | Long             | EC               | CORP              | US        |      8174 | NS      | $369710.02    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| LEIDOS HLDGS. INC                             | LEIDOS HLDGS. INC                             | CUSIP: 525327102<br>LEI: 549300IUTGTP6EJP8124 | Long             | EC               | CORP              | US        |      9419 | NS      | $1464842.88   | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| ALPHABET INC                                  | ALPHABET INC                                  | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |     54103 | NS      | $15557858.68  | 4.82%             |  |  |  | No            |                  1 | On Loan: No      |
| CBRE GRP. INC                                 | CBRE GRP. INC                                 | CUSIP: 12504L109<br>LEI: 52990016II9MJ2OSWA10 | Long             | EC               | CORP              | US        |      7859 | NS      | $1064580.14   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| ABBVIE INC                                    | ABBVIE INC                                    | CUSIP: 00287Y109<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | EC               | CORP              | US        |      5564 | NS      | $1210114.36   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| ANTERO RES. CORP                              | ANTERO RES. CORP                              | CUSIP: 03674X106<br>LEI: APVBKPOULHUX7YZLKU17 | Long             | EC               | CORP              | US        |      2625 | NS      | $111405.00    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| PPL CORP                                      | PPL CORP                                      | CUSIP: 69351T106<br>LEI: 9N3UAJSNOUXFKQLF3V18 | Long             | EC               | CORP              | US        |     39017 | NS      | $1490449.40   | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| 3M CO                                         | 3M CO                                         | CUSIP: 88579Y101<br>LEI: LUZQVYP4VS22CLWDAR65 | Long             | EC               | CORP              | US        |     15979 | NS      | $2320630.17   | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| PUBLIC SERV. ENT. GRP. IN                     | PUBLIC SERV. ENT. GRP. IN                     | CUSIP: 744573106<br>LEI: PUSS41EMO3E6XXNV3U28 | Long             | EC               | CORP              | US        |     10567 | NS      | $855398.65    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| A O SMITH CORP                                | A O SMITH CORP                                | CUSIP: 831865209<br>LEI: 549300XG4US7UJNECY36 | Long             | EC               | CORP              | US        |      1758 | NS      | $115922.52    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| EDISON INTERNATIONAL                          | EDISON INTERNATIONAL                          | CUSIP: 281020107<br>LEI: 549300I7ROF15MAEVP56 | Long             | EC               | CORP              | US        |       119 | NS      | $8708.42      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| STATE STREET CORP                             | STATE STREET CORP                             | CUSIP: 857477103<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | EC               | CORP              | US        |     18120 | NS      | $2293267.20   | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| ALTRIA GRP. INC                               | ALTRIA GRP. INC                               | CUSIP: 02209S103<br>LEI: XSGZFLO9YTNO9VCQV219 | Long             | EC               | CORP              | US        |     41665 | NS      | $2749473.35   | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| UNITEDHEALTH GRP. INC                         | UNITEDHEALTH GRP. INC                         | CUSIP: 91324P102<br>LEI: 549300GHBMY8T5GXDE41 | Long             | EC               | CORP              | US        |      2170 | NS      | $587180.30    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| CROWN HLDGS. INC                              | CROWN HLDGS. INC                              | CUSIP: 228368106<br>LEI: NYLWZIOY8PUNIT4JOE22 | Long             | EC               | CORP              | US        |      9121 | NS      | $914380.25    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| WALMART INC                                   | WALMART INC                                   | CUSIP: 931142103<br>LEI: Y87794H0US1R65VBXU25 | Long             | EC               | CORP              | US        |      9002 | NS      | $1118768.56   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| WESTERN DIGITAL CORP                          | WESTERN DIGITAL CORP                          | CUSIP: 958102105<br>LEI: 549300QQXOOYEF89IC56 | Long             | EC               | CORP              | US        |      8710 | NS      | $2355967.90   | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| WILLIAMS-SONOMA INC                           | WILLIAMS-SONOMA INC                           | CUSIP: 969904101<br>LEI: 549300IARG6YWVTZ1I92 | Long             | EC               | CORP              | US        |      1132 | NS      | $206397.56    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| CARNIVAL CORP                                 | CARNIVAL CORP                                 | CUSIP: 143658300<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | EC               | CORP              | PA        |     49588 | NS      | $1283337.44   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| ACCENTURE PLC                                 | ACCENTURE PLC                                 | CUSIP: G1151C101<br>LEI: 5493000EWHDSR3MZWH98 | Long             | EC               | CORP              | IE        |      5971 | NS      | $1183989.59   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| MARATHON PETROLEUM CORP                       | MARATHON PETROLEUM CORP                       | CUSIP: 56585A102<br>LEI: 3BNYRYQHD39K4LCKQF12 | Long             | EC               | CORP              | US        |      5858 | NS      | $1430406.44   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Northern Institutional Liquid Asset Portfolio | Northern Institutional Liquid Asset Portfolio | CUSIP: 665279105<br>LEI: 549300Y178DO5JBR1S04 | Long             | STIV             | RF                | US        |   1119669 | NS      | $1119669.00   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| IMM                                           | FUT. EMINI S&P JUN26                          | CUSIP: 02052FAB5<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |         8 | NC      | $2628300.00   | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-04-30

**Name of Applicant:** Northern Funds

**Signature:** Randal E. Rein

**Name of Signer:** Randal E. Rein

**Title:** Treasurer and Principal Financial Officer