# EDGAR Filing Document

**Accession Number:** 0000034273
**File Stem:** 0000940400-25-009431
**Filing Date:** 2025-11
**Character Count:** 13087
**Document Hash:** 6fd2356ed4c18b74becb094e90ed1384
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000940400-25-009431.hdr.sgml**: 20251124

**ACCESSION NUMBER**: 0000940400-25-009431

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251124

**DATE AS OF CHANGE**: 20251124

**PERIOD START**: 20250930

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** VIRTUS EQUITY TRUST
- **CENTRAL INDEX KEY:** 0000034273

**ORGANIZATION NAME:**
- **EIN:** 036066130
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0331

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-00945
- **FILM NUMBER:** 251512155

**BUSINESS ADDRESS:**
- **STREET 1:** 101 MUNSON STEET
- **CITY:** GREENFIELD
- **STATE:** MA
- **ZIP:** 01301
- **BUSINESS PHONE:** 800-243-1574

**MAIL ADDRESS:**
- **STREET 1:** ONE FINANCIAL PLAZA
- **STREET 2:** 26TH FLOOR
- **CITY:** HARTFORD
- **STATE:** CT
- **ZIP:** 06103

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PHOENIX EQUITY TRUST
- **DATE OF NAME CHANGE:** 20040628

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PHOENIX ABERDEEN WORLDWIDE OPPORTUNITIES FUND
- **DATE OF NAME CHANGE:** 19981215

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PHOENIX WORLDWIDE OPPORTUNITIES FUND
- **DATE OF NAME CHANGE:** 19940505

## Series and Classes Contracts Data

### Virtus KAR Small-Cap Growth Fund (Series ID: S000021170)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000060263 | Class A      | PSGAX           |
| C000060264 | Class C      | PSGCX           |
| C000060265 | Class I      | PXSGX           |
| C000199780 | Class R6     | VRSGX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Virtus Equity Trust

- **b. Investment Company Act file number:** 811-00945

- **c. CIK number of Registrant:** 0000034273

- **d. LEI of Registrant:** 549300BN8LS7IJSSNN03

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

  - **Street Address 1:** 101 Munson Street

  - **City:** Greenfield

  - **State:** MA

  - **Foreign country:** US

  - **Zip / Postal Code:** 01301-9668

  - **Telephone number:** 800-243-1574

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

- **a. Name of Series:** Virtus KAR Small-Cap Growth Fund

- **b. EDGAR series identifier (if any):** S000021170

- **c. LEI of Series:** 549300XYP5FI9C1IIT49

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

- **a. Date of fiscal year-end:** 2025-09-30

- **b. Date as of which information is reported:** 2025-09-30

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $1678805464.63

**Total Liabilities:** $2308799.22

**Net Assets:** $1676496665.41

**Cash Not Reported:** $17348854.51

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000060263 | -4.43%               | 1.78%                | -7.08%               |
| Class ID C000060264 | -4.53%               | 1.76%                | -7.14%               |
| Class ID C000060265 | -4.44%               | 1.81%                | -7.04%               |
| Class ID C000199780 | -4.42%               | 1.82%                | -7.06%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $2019940.08              | $-91094930.08                              |
| Month 2  | $10332508.91             | $23577615.28                               |
| Month 3  | $10005003.72             | $-141174919.93                             |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Morningstar Inc                    | Morningstar Inc                     | CUSIP: 617700109<br>LEI: 529900YGNQPOVAXQ7F29 | Long             | EC               | CORP              | US        |    459526 | NS      | $106614627.26 | 6.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Kinsale Capital Group Inc          | Kinsale Capital Group Inc           | CUSIP: 49714P108<br>LEI: 529900QTUQHNZ6HOA508 | Long             | EC               | CORP              | US        |    176069 | NS      | $74875102.94  | 4.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Auto Trader Group PLC              | Auto Trader Group PLC               | CUSIP: 000000000<br>LEI: 213800QLK9BZILB1DI86 | Long             | EC               | CORP              | GB        |  11717307 | NS      | $124209333.94 | 7.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Revolve Group Inc                  | Revolve Group Inc                   | CUSIP: 76156B107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   2931299 | NS      | $62436668.70  | 3.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Appfolio Inc                       | Appfolio Inc                        | CUSIP: 03783C100<br>LEI: 529900OOUUGT6JFC0S15 | Long             | EC               | CORP              | US        |    371429 | NS      | $102388118.14 | 6.11%             |  |  |  | No            |                  1 | On Loan: No      |
| NVE Corp                           | NVE Corp                            | CUSIP: 629445206<br>LEI: 5299003C1ATTWX8X0112 | Long             | EC               | CORP              | US        |    113690 | NS      | $7420546.30   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Dreyfus Government Cash Management | Dreyfus Government Cash Management  | CUSIP: 262006208<br>LEI: 5493000Q69I5Q3QZIA91 | Long             | STIV             | RF                | US        |         0 | NS      | $0.03         | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| FactSet Research Systems Inc       | FactSet Research Systems Inc        | CUSIP: 303075105<br>LEI: 549300ZSJE7NBK6K9P30 | Long             | EC               | CORP              | US        |     42589 | NS      | $12201322.61  | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Enerpac Tool Group Corp            | Enerpac Tool Group Corp             | CUSIP: 292765104<br>LEI: IZW37BPZKUJE1QXGB081 | Long             | EC               | CORP              | US        |   2217632 | NS      | $90922912.00  | 5.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Ollie's Bargain Outlet Holding     | Ollie's Bargain Outlet Holdings Inc | CUSIP: 681116109<br>LEI: 529900YO5DSQCPEFDZ05 | Long             | EC               | CORP              | US        |    596499 | NS      | $76590471.60  | 4.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Rightmove PLC                      | Rightmove PLC                       | CUSIP: 000000000<br>LEI: 2138001JXGCFKBXYB828 | Long             | EC               | CORP              | GB        |  10984901 | NS      | $104685682.51 | 6.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Goosehead Insurance Inc            | Goosehead Insurance Inc             | CUSIP: 38267D109<br>LEI: 549300WH5MBIWHJ9XY95 | Long             | EC               | CORP              | US        |    946115 | NS      | $70409878.30  | 4.20%             |  |  |  | No            |                  1 | On Loan: No      |
| AAON Inc                           | AAON Inc                            | CUSIP: 000360206<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    794537 | NS      | $74241537.28  | 4.43%             |  |  |  | No            |                  1 | On Loan: No      |
| nCino Inc                          | nCino Inc                           | CUSIP: 63947X101<br>LEI: 549300WVRR2WR3L6MZ46 | Long             | EC               | CORP              | US        |   3526171 | NS      | $95594495.81  | 5.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Novanta Inc                        | Novanta Inc                         | CUSIP: 67000B104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    233000 | NS      | $23334950.00  | 1.39%             |  |  |  | No            |                  1 | On Loan: No      |
| US Physical Therapy Inc            | US Physical Therapy Inc             | CUSIP: 90337L108<br>LEI: 529900KL1UXQYFIOMY96 | Long             | EC               | CORP              | US        |    866801 | NS      | $73634744.95  | 4.39%             |  |  |  | No            |                  1 | On Loan: No      |
| ServisFirst Bancshares Inc         | ServisFirst Bancshares Inc          | CUSIP: 81768T108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   1282667 | NS      | $103293173.51 | 6.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Onestream Inc                      | Onestream Inc                       | CUSIP: 68278B107<br>LEI: 254900CRBCHIYDC37W82 | Long             | EC               | CORP              | US        |   4101675 | NS      | $75593870.25  | 4.51%             |  |  |  | No            |                  1 | On Loan: No      |
| National Research Corp             | National Research Corp              | CUSIP: 637372202<br>LEI: 549300FQIORB6GZCYT15 | Long             | EC               | CORP              | US        |   1809145 | NS      | $23120873.10  | 1.38%             |  |  |  | No            |                  1 | On Loan: No      |
| SPS Commerce Inc                   | SPS Commerce Inc                    | CUSIP: 78463M107<br>LEI: 2549006XVF9GCCETDQ72 | Long             | EC               | CORP              | US        |    351095 | NS      | $36563033.30  | 2.18%             |  |  |  | No            |                  1 | On Loan: No      |
| PriceSmart Inc                     | PriceSmart Inc                      | CUSIP: 741511109<br>LEI: 549300JVYOSTGVSDZS46 | Long             | EC               | CORP              | US        |    207340 | NS      | $25127534.60  | 1.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Endava PLC                         | Endava PLC                          | CUSIP: 29260V105<br>LEI: 213800JJ6CRPCWCQVZ25 | Long             | EC               | CORP              | GB        |   3756400 | NS      | $34183240.00  | 2.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Smith Douglas Homes Corp           | Smith Douglas Homes Corp            | CUSIP: 83207R107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    810820 | NS      | $14319081.20  | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Ryan Specialty Holdings Inc        | Ryan Specialty Holdings Inc         | CUSIP: 78351F107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   1460449 | NS      | $82310905.64  | 4.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Triumph Financial Inc              | Triumph Financial Inc               | CUSIP: 89679E300<br>LEI: 5493003RNRMEVYDZ1Q52 | Long             | EC               | CORP              | US        |   1303659 | NS      | $65235096.36  | 3.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Dream Finders Homes Inc            | Dream Finders Homes Inc             | CUSIP: 26154D100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   3102325 | NS      | $80412264.00  | 4.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Omega Flex Inc                     | Omega Flex Inc                      | CUSIP: 682095104<br>LEI: 254900V3UM4PIXLDNU54 | Long             | EC               | CORP              | US        |    544729 | NS      | $16987373.87  | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-11-24

**Name of Applicant:** Virtus Equity Trust

**Signature:** Amy Hackett

**Name of Signer:** Amy Hackett

**Title:** Vice President and Assistant Treasurer