# EDGAR Filing Document

**Accession Number:** 0000811869
**File Stem:** 0000811869-25-000144
**Filing Date:** 2025-9
**Character Count:** 33899
**Document Hash:** 7a904efb44a487218ff4f27a5f9d2d61
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000811869-25-000144.hdr.sgml**: 20250925

**ACCESSION NUMBER**: 0000811869-25-000144

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250731

**FILED AS OF DATE**: 20250925

**DATE AS OF CHANGE**: 20250925

**PERIOD START**: 20251031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** THRIVENT MUTUAL FUNDS
- **CENTRAL INDEX KEY:** 0000811869

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **FISCAL YEAR END:** 1031

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-05075
- **FILM NUMBER:** 251342719

**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

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** AAL MUTUAL FUNDS
- **DATE OF NAME CHANGE:** 19920703

## Series and Classes Contracts Data

### Thrivent Large Cap Value Fund (Series ID: S000001366)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000003645 | Class A      | AAUTX           |
| C000003647 | Class S      | TLVIX           |

## Nport-Ex

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## 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 Mutual Funds

- **b. Investment Company Act file number:** 811-05075

- **c. CIK number of Registrant:** 0000811869

- **d. LEI of Registrant:** 549300K3CUETFK7U3B57

- **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 LARGE CAP VALUE FUND

- **b. EDGAR series identifier (if any):** S000001366

- **c. LEI of Series:** 549300I9I6ET3JG7F433

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

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

- **b. Date as of which information is reported:** 2025-07-31

**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:** $2793322439.30

**Total Liabilities:** $18592018.28

**Net Assets:** $2774730421.02

**Cash Not Reported:** $3.18

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000003645 | 4.06%                | 4.65%                | 1.76%                |
| Class ID C000003647 | 4.09%                | 4.67%                | 1.78%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $6255111.61              | $88287437.42                               |
| Month 2  | $131046.14               | $118005406.73                              |
| Month 3  | $17490769.68             | $28903783.80                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| CF INDS HLDGS INC                 | CF Industries Holdings, Inc.                                 | CUSIP: 125269100<br>LEI: 529900CG8YAQFZ2JMV97 | Long             | EC               | CORP              | US        |    441301 | NS      | $40965971.83  | 1.48%             |  |  |  | No            |                  1 | On Loan: No      |
| BANK NEW YORK MELLON CORP         | Bank of New York Mellon Corporation                          | CUSIP: 064058100<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | EC               | CORP              | US        |    331657 | NS      | $33646602.65  | 1.21%             |  |  |  | No            |                  1 | On Loan: No      |
| LABCORP HLDGS INC                 | Labcorp Holdings, Inc.                                       | CUSIP: 504922105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    145152 | NS      | $37751132.16  | 1.36%             |  |  |  | No            |                  1 | On Loan: No      |
| PUBLIC SVC ENTERPRISE GROUP INC   | Public Service Enterprise Group, Inc.                        | CUSIP: 744573106<br>LEI: PUSS41EMO3E6XXNV3U28 | Long             | EC               | CORP              | US        |    366762 | NS      | $32931559.98  | 1.19%             |  |  |  | No            |                  1 | On Loan: No      |
| ENTERPRISE PRODS PARTNERS L P     | Enterprise Products Partners, LP                             | CUSIP: 293792107<br>LEI: K4CDIF4M54DJZ6TB4Q48 | Long             | EC               | CORP              | US        |   1230604 | NS      | $38136417.96  | 1.37%             |  |  |  | No            |                  1 | On Loan: No      |
| COTY INC                          | Coty, Inc.                                                   | CUSIP: 222070203<br>LEI: 549300BO9IWPF3S48F93 | Long             | EC               | CORP              | US        |   2695869 | NS      | $13074964.65  | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| HALLIBURTON CO                    | Halliburton Company                                          | CUSIP: 406216101<br>LEI: ENYF8GB5SMQZ25S06U51 | Long             | EC               | CORP              | US        |    650181 | NS      | $14564054.40  | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| NUCOR CORP                        | Nucor Corporation                                            | CUSIP: 670346105<br>LEI: 549300GGJCRSI2TIEJ46 | Long             | EC               | CORP              | US        |    298658 | NS      | $42729000.06  | 1.54%             |  |  |  | No            |                  1 | On Loan: No      |
| AMERICAN INTL GROUP INC           | American International Group, Inc.                           | CUSIP: 026874784<br>LEI: ODVCVCQG2BP6VHV36M30 | Long             | EC               | CORP              | US        |    317640 | NS      | $24658393.20  | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| KENVUE INC                        | Kenvue, Inc.                                                 | CUSIP: 49177J102<br>LEI: 5493008HSF8L4M2LIJ82 | Long             | EC               | CORP              | US        |   1412000 | NS      | $30273280.00  | 1.09%             |  |  |  | No            |                  1 | On Loan: No      |
| GILEAD SCIENCES INC               | Gilead Sciences, Inc.                                        | CUSIP: 375558103<br>LEI: 549300WTZWR07K8MNV44 | Long             | EC               | CORP              | US        |    234785 | NS      | $26364007.65  | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| META PLATFORMS INC                | Meta Platforms, Inc.                                         | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |     60311 | NS      | $46646939.84  | 1.68%             |  |  |  | No            |                  1 | On Loan: No      |
| CORTEVA INC                       | Corteva, Inc.                                                | CUSIP: 22052L104<br>LEI: 549300WZN9I2QKLS0O94 | Long             | EC               | CORP              | US        |     31070 | NS      | $2241079.10   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| CSX CORP                          | CSX Corporation                                              | CUSIP: 126408103<br>LEI: 549300JVQR4N1MMP3Q88 | Long             | EC               | CORP              | US        |    707676 | NS      | $25150805.04  | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| CIGNA GROUP                       | Cigna Group                                                  | CUSIP: 125523100<br>LEI: 549300VIWYMSIGT1U456 | Long             | EC               | CORP              | US        |     83190 | NS      | $22243342.20  | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| EASTMAN CHEM CO                   | Eastman Chemical Company                                     | CUSIP: 277432100<br>LEI: FDPVHDGJ1IQZFK9KH630 | Long             | EC               | CORP              | US        |    158904 | NS      | $11538019.44  | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| CONOCOPHILLIPS                    | ConocoPhillips                                               | CUSIP: 20825C104<br>LEI: WPTL2Z3FIYTHSP5V2253 | Long             | EC               | CORP              | US        |    360699 | NS      | $34389042.66  | 1.24%             |  |  |  | No            |                  1 | On Loan: No      |
| QUALCOMM INC                      | Qualcomm, Inc.                                               | CUSIP: 747525103<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | EC               | CORP              | US        |    310377 | NS      | $45550928.52  | 1.64%             |  |  |  | No            |                  1 | On Loan: No      |
| JOHNSON & JOHNSON                 | Johnson & Johnson                                            | CUSIP: 478160104<br>LEI: 549300G0CFPGEF6X2043 | Long             | EC               | CORP              | US        |    373767 | NS      | $61574375.58  | 2.22%             |  |  |  | No            |                  1 | On Loan: No      |
| DELTA AIR LINES INC DEL           | Delta Air Lines, Inc.                                        | CUSIP: 247361702<br>LEI: Q2CCMS6R0AS67HJMBN42 | Long             | EC               | CORP              | US        |    772731 | NS      | $41117016.51  | 1.48%             |  |  |  | No            |                  1 | On Loan: No      |
| WELLS FARGO & CO NEW              | Wells Fargo & Company                                        | CUSIP: 949746101<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | EC               | CORP              | US        |   1165308 | NS      | $93958784.04  | 3.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Avantor Inc                       | Avantor, Inc.                                                | CUSIP: 05352A100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    728649 | NS      | $9793042.56   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| WARNER BROS DISCOVERY INC         | Warner Brothers Discovery, Inc.                              | CUSIP: 934423104<br>LEI: 5493006ZCRFWKF6B1K26 | Long             | EC               | CORP              | US        |   2222332 | NS      | $29268112.44  | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| CISCO SYS INC                     | Cisco Systems, Inc.                                          | CUSIP: 17275R102<br>LEI: 549300LKFJ962MZ46593 | Long             | EC               | CORP              | US        |    818097 | NS      | $55696043.76  | 2.01%             |  |  |  | No            |                  1 | On Loan: No      |
| MICRON TECHNOLOGY INC             | Micron Technology, Inc.                                      | CUSIP: 595112103<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | EC               | CORP              | US        |    192463 | NS      | $21005411.82  | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| MARSH & MCLENNAN COS INC          | Marsh & McLennan Companies, Inc.                             | CUSIP: 571748102<br>LEI: 549300XMP3KDCKJXIU47 | Long             | EC               | CORP              | US        |     55471 | NS      | $11049823.20  | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| BIOMARIN PHARMACEUTICAL INC       | BioMarin Pharmaceutical, Inc.                                | CUSIP: 09061G101<br>LEI: NSLL8ITTRR0J5HEMR848 | Long             | EC               | CORP              | US        |    218079 | NS      | $12615870.15  | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| UNITEDHEALTH GROUP INC            | UnitedHealth Group, Inc.                                     | CUSIP: 91324P102<br>LEI: 549300GHBMY8T5GXDE41 | Long             | EC               | CORP              | US        |    113730 | NS      | $28382458.80  | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| APTIV PLC NEW                     | Aptiv plc                                                    | CUSIP: G3265R107<br>LEI: N/A                  | Long             | EC               | CORP              | JE        |    245080 | NS      | $16822291.20  | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| VISTRA CORP                       | Vistra Energy Corporation                                    | CUSIP: 92840M102<br>LEI: 549300KP43CPCUJOOG15 | Long             | EC               | CORP              | US        |    140739 | NS      | $29349711.06  | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| ENTERGY CORP NEW                  | Entergy Corporation                                          | CUSIP: 29364G103<br>LEI: 4XM3TW50JULSLG8BNC79 | Long             | EC               | CORP              | US        |    628196 | NS      | $56807764.28  | 2.05%             |  |  |  | No            |                  1 | On Loan: No      |
| GENERAL DYNAMICS CORP             | General Dynamics Corporation                                 | CUSIP: 369550108<br>LEI: 9C1X8XOOTYY2FNYTVH06 | Long             | EC               | CORP              | US        |     97944 | NS      | $30520329.84  | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| CONSTELLATION ENERGY CORP         | Constellation Energy Corporation                             | CUSIP: 21037T109<br>LEI: 549300F8Y20RYGNGV346 | Long             | EC               | CORP              | US        |    108338 | NS      | $37684289.92  | 1.36%             |  |  |  | No            |                  1 | On Loan: No      |
| UNILEVER PLC                      | Unilever plc ADR                                             | CUSIP: 904767704<br>LEI: 549300MKFYEKVRWML317 | Long             | EC               | CORP              | GB        |    597741 | NS      | $34926006.63  | 1.26%             |  |  |  | No            |                  1 | On Loan: No      |
| ALLSTATE CORP                     | Allstate Corporation                                         | CUSIP: 020002101<br>LEI: OBT0W1ED8G0NWVOLOJ77 | Long             | EC               | CORP              | US        |    100964 | NS      | $20520933.00  | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| SYSCO CORP                        | Sysco Corporation                                            | CUSIP: 871829107<br>LEI: 5RGWIFLMGH3YS7KWI652 | Long             | EC               | CORP              | US        |    506282 | NS      | $40300047.20  | 1.45%             |  |  |  | No            |                  1 | On Loan: No      |
| AVALONBAY CMNTYS INC              | AvalonBay Communities, Inc.                                  | CUSIP: 053484101<br>LEI: K9G90K85RBWD2LAGQX17 | Long             | EC               | CORP              | US        |     56610 | NS      | $10545310.80  | 0.38%             |  |  |  | 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        |  75251610 | NS      | $75251610.06  | 2.71%             |  |  |  | No            |                  1 | On Loan: No      |
| UNITED PARCEL SVC INC             | United Parcel Service, Inc.                                  | CUSIP: 911312106<br>LEI: D01LMJZU09ULLNCY6Z23 | Long             | EC               | CORP              | US        |    210150 | NS      | $18106524.00  | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| TAIWAN SEMICONDUCTOR MFG CO LTD   | Taiwan Semiconductor Manufacturing Company, Ltd. ADR         | CUSIP: 874039100<br>LEI: 549300KB6NK5SBD14S87 | Long             | EC               | CORP              | TW        |    158959 | NS      | $38407673.58  | 1.38%             |  |  |  | No            |                  1 | On Loan: No      |
| COLUMBIA SPORTSWEAR CO            | Columbia Sportswear Company                                  | CUSIP: 198516106<br>LEI: 549300OTMCIEUXAH5Z60 | Long             | EC               | CORP              | US        |    125645 | NS      | $7107737.65   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| TD SYNNEX CORP                    | TD SYNNEX Corporation                                        | CUSIP: 87162W100<br>LEI: 5493004HI6PFLF46NS53 | Long             | EC               | CORP              | US        |    294469 | NS      | $42518378.91  | 1.53%             |  |  |  | No            |                  1 | On Loan: No      |
| HEALTHCARE RLTY TR INC            | Healthcare Realty Trust, Inc.                                | CUSIP: 42226K105<br>LEI: 549300L0I14L7I0VLX84 | Long             | EC               | CORP              | US        |   1472043 | NS      | $22610580.48  | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| AMENTUM HLDGS INC                 | Amentum Holdings, Inc.                                       | CUSIP: 023939101<br>LEI: 2549009FJIBLW40CU216 | Long             | EC               | CORP              | US        |    527022 | NS      | $13159739.34  | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| DUKE ENERGY CORP NEW              | Duke Energy Corporation                                      | CUSIP: 26441C204<br>LEI: I1BZKREC126H0VB1BL91 | Long             | EC               | CORP              | US        |    390241 | NS      | $47468915.24  | 1.71%             |  |  |  | No            |                  1 | On Loan: No      |
| SANOFI                            | Sanofi SA ADR                                                | CUSIP: 80105N105<br>LEI: 549300E9PC51EN656011 | Long             | EC               | CORP              | FR        |    651785 | NS      | $29747467.40  | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| JACOBS SOLUTIONS INC              | Jacobs Solutions, Inc.                                       | CUSIP: 46982L108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    175789 | NS      | $24939185.43  | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| HUNT J B TRANS SVCS INC           | JB Hunt Transport Services, Inc.                             | CUSIP: 445658107<br>LEI: 549300XCD1MPI1C5GK90 | Long             | EC               | CORP              | US        |    129075 | NS      | $18593253.75  | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| D R HORTON INC                    | D.R. Horton, Inc.                                            | CUSIP: 23331A109<br>LEI: 529900ZIUEYVSB8QDD25 | Long             | EC               | CORP              | US        |    239963 | NS      | $34276314.92  | 1.24%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMORGAN CHASE & CO               | JPMorgan Chase & Company                                     | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               | CORP              | US        |    209069 | NS      | $61934600.56  | 2.23%             |  |  |  | No            |                  1 | On Loan: No      |
| CNH INDL N V                      | CNH Industrial NV                                            | CUSIP: N20944109<br>LEI: 549300WGC2HZ5J67V817 | Long             | EC               | CORP              | NL        |   2491260 | NS      | $32286729.60  | 1.16%             |  |  |  | No            |                  1 | On Loan: No      |
| DEVON ENERGY CORP NEW             | Devon Energy Corporation                                     | CUSIP: 25179M103<br>LEI: 54930042348RKR3ZPN35 | Long             | EC               | CORP              | US        |    584882 | NS      | $19429780.04  | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| KEYCORP NEW                       | KeyCorp                                                      | CUSIP: 493267108<br>LEI: RKPI3RZGV1V1FJTH5T61 | Long             | EC               | CORP              | US        |   1549593 | NS      | $27768706.56  | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| FIRST CTZNS BANCSHARES INC        | First Citizens BancShares, Inc./NC                           | CUSIP: 31946M103<br>LEI: 549300N3Z00ZHE2XC526 | Long             | EC               | CORP              | US        |     13514 | NS      | $26957186.64  | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| ALPHABET INC                      | Alphabet, Inc., Class C                                      | CUSIP: 02079K107<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |    243224 | NS      | $46908180.64  | 1.69%             |  |  |  | No            |                  1 | On Loan: No      |
| KEURIG DR PEPPER INC              | Keurig Dr Pepper, Inc.                                       | CUSIP: 49271V100<br>LEI: DYTQ8KRTKO7Y2BVU5K74 | Long             | EC               | CORP              | US        |    372503 | NS      | $12162222.95  | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| WYNDHAM HOTELS & RESORTS INC      | Wyndham Hotels & Resorts, Inc.                               | CUSIP: 98311A105<br>LEI: 549300FE3MQ4RVXXC673 | Long             | EC               | CORP              | US        |    236593 | NS      | $20346998.00  | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| SONY GROUP CORP                   | Sony Group Corporation ADR                                   | CUSIP: 835699307<br>LEI: 529900R5WX9N2OI2N910 | Long             | EC               | CORP              | JP        |   1039773 | NS      | $25287279.36  | 0.91%             |  |  |  | No            |                  1 | On Loan: —       |
| WARNER MUSIC GROUP CORP           | Warner Music Group Corporation                               | CUSIP: 934550203<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    470482 | NS      | $13766303.32  | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| CHUBB LTD                         | Chubb, Ltd.                                                  | CUSIP: H1467J104<br>LEI: E0JAN6VLUDI1HITHT809 | Long             | EC               | CORP              | CH        |    121358 | NS      | $32286082.32  | 1.16%             |  |  |  | No            |                  1 | On Loan: No      |
| LOWES COS INC                     | Lowe's Companies, Inc.                                       | CUSIP: 548661107<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | EC               | CORP              | US        |    137360 | NS      | $30709575.20  | 1.11%             |  |  |  | No            |                  1 | On Loan: No      |
| MARATHON PETE CORP                | Marathon Petroleum Corporation                               | CUSIP: 56585A102<br>LEI: 3BNYRYQHD39K4LCKQF12 | Long             | EC               | CORP              | US        |    124773 | NS      | $21235116.87  | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| FLOWSERVE CORP                    | Flowserve Corporation                                        | CUSIP: 34354P105<br>LEI: 6Y0GK87T6V7NJKZJVM41 | Long             | EC               | CORP              | US        |    407713 | NS      | $22848236.52  | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| HEXCEL CORP NEW                   | Hexcel Corporation                                           | CUSIP: 428291108<br>LEI: S6Q7LW43WUBUHXY2QP69 | Long             | EC               | CORP              | US        |    373214 | NS      | $22359250.74  | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| CROWN CASTLE INC                  | Crown Castle, Inc.                                           | CUSIP: 22822V101<br>LEI: 54930012H97VSM0I2R19 | Long             | EC               | CORP              | US        |    334153 | NS      | $35116138.77  | 1.27%             |  |  |  | No            |                  1 | On Loan: No      |
| EXXON MOBIL CORP                  | Exxon Mobil Corporation                                      | CUSIP: 30231G102<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | EC               | CORP              | US        |    634274 | NS      | $70810349.36  | 2.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Thrivent Mutual Funds             | Thrivent Cash Management Trust                               | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             | RF                | US        |  10320750 | NS      | $10320750.00  | 0.37%             |  |  |  | No            |                  2 | On Loan: No      |
| CROWN HLDGS INC                   | Crown Holdings, Inc.                                         | CUSIP: 228368106<br>LEI: NYLWZIOY8PUNIT4JOE22 | Long             | EC               | CORP              | US        |    193931 | NS      | $19268984.16  | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| SHELL PLC                         | Shell plc ADR                                                | CUSIP: 780259305<br>LEI: 21380068P1DRHMJ8KU70 | Long             | EC               | CORP              | GB        |    229236 | NS      | $16553131.56  | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| SAMSUNG ELECTRONICS CO LTD        | Samsung Electronics Company, Ltd.                            | CUSIP: 700593000<br>LEI: 9884007ER46L6N7EI764 | Long             | EC               | CORP              | KR        |    870837 | NS      | $44381314.37  | 1.60%             |  |  |  | No            |                  2 | On Loan: No      |
| INTERNATIONAL BUSINESS MACHS CORP | International Business Machines Corporation                  | CUSIP: 459200101<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | EC               | CORP              | US        |     72121 | NS      | $18257431.15  | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| L3HARRIS TECHNOLOGIES INC         | L3Harris Technologies, Inc.                                  | CUSIP: 502431109<br>LEI: 549300UTE50ZMDBG8A20 | Long             | EC               | CORP              | US        |    127564 | NS      | $35057138.48  | 1.26%             |  |  |  | No            |                  1 | On Loan: No      |
| METLIFE INC                       | MetLife, Inc.                                                | CUSIP: 59156R108<br>LEI: C4BXATY60WC6XEOZDX54 | Long             | EC               | CORP              | US        |    359145 | NS      | $27277062.75  | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| BANK AMER CORP                    | Bank of America Corporation                                  | CUSIP: 060505104<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EC               | CORP              | US        |   1533152 | NS      | $72472095.04  | 2.61%             |  |  |  | No            |                  1 | On Loan: No      |
| AXALTA COATING SYS LTD            | Axalta Coating Systems, Ltd.                                 | CUSIP: G0750C108<br>LEI: 529900AGLPA40GV6H619 | Long             | EC               | CORP              | US        |    330418 | NS      | $9357437.76   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| COMCAST CORP NEW                  | Comcast Corporation                                          | CUSIP: 20030N101<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | EC               | CORP              | US        |    813539 | NS      | $27033900.97  | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| BOOKING HLDGS INC                 | Booking Holdings, Inc.                                       | CUSIP: 09857L108<br>LEI: FXM8FAOHMYDIPD38UZ17 | Long             | EC               | CORP              | US        |      4758 | NS      | $26188317.48  | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| CENCORA INC                       | Cencora, Inc.                                                | CUSIP: 03073E105<br>LEI: AI8GXW8LG5WK7E9UD086 | Long             | EC               | CORP              | US        |     65045 | NS      | $18608073.60  | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| CBRE GROUP INC                    | CBRE Group, Inc.                                             | CUSIP: 12504L109<br>LEI: 52990016II9MJ2OSWA10 | Long             | EC               | CORP              | US        |    147533 | NS      | $22976789.42  | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| MERCK & CO INC NEW                | Merck & Company, Inc.                                        | CUSIP: 58933Y105<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | EC               | CORP              | US        |    672176 | NS      | $52510389.12  | 1.89%             |  |  |  | No            |                  1 | On Loan: No      |
| CAPITAL ONE FINL CORP             | Capital One Financial Corporation                            | CUSIP: 14040H105<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | EC               | CORP              | US        |    301793 | NS      | $64885495.00  | 2.34%             |  |  |  | No            |                  1 | On Loan: No      |
| INTERCONTINENTAL EXCHANGE INC     | Intercontinental Exchange, Inc.                              | CUSIP: 45866F104<br>LEI: 5493000F4ZO33MV32P92 | Long             | EC               | CORP              | US        |    155231 | NS      | $28691345.73  | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| HONEYWELL INTL INC                | Honeywell International, Inc.                                | CUSIP: 438516106<br>LEI: ISRPG12PN4EIEOEMW547 | Long             | EC               | CORP              | US        |    174011 | NS      | $38691345.85  | 1.39%             |  |  |  | No            |                  1 | On Loan: No      |
| ZIMMER BIOMET HLDGS INC           | Zimmer Biomet Holdings, Inc.                                 | CUSIP: 98956P102<br>LEI: 2P2YLDVPES3BXQ1FRB91 | Long             | EC               | CORP              | US        |    304229 | NS      | $27882587.85  | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| CATERPILLAR INC                   | Caterpillar, Inc.                                            | CUSIP: 149123101<br>LEI: WRJR7GS4GTRECRRTVX92 | Long             | EC               | CORP              | US        |     45902 | NS      | $20105994.04  | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| SCHWAB CHARLES CORP NEW           | Charles Schwab Corporation                                   | CUSIP: 808513105<br>LEI: 549300VSGCJ7E698NM85 | Long             | EC               | CORP              | US        |    595520 | NS      | $58200169.60  | 2.10%             |  |  |  | No            |                  1 | On Loan: No      |
| MICROSOFT CORP                    | Microsoft Corporation                                        | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |    177606 | NS      | $94752801.00  | 3.41%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-08-27

**Name of Applicant:** Thrivent Mutual Funds

**Signature:** Sarah L. Bergstrom

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

**Title:** Treasurer and Principal Accounting Officer