# EDGAR Filing Document

**Accession Number:** 0000933691
**File Stem:** 0001145549-23-013485
**Filing Date:** 2023-2
**Character Count:** 77936
**Document Hash:** 8f6f7e9073d6c35d02f69dfa57e9d2a3
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001145549-23-013485.hdr.sgml**: 20230228

**ACCESSION NUMBER**: 0001145549-23-013485

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230228

**DATE AS OF CHANGE**: 20230228

**PERIOD START**: 20221231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** JNL SERIES TRUST
- **CENTRAL INDEX KEY:** 0000933691
- **IRS NUMBER:** 381659835
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-08894
- **FILM NUMBER:** 23683211

**BUSINESS ADDRESS:**
- **STREET 1:** 1 CORPORATE WAY
- **CITY:** LANSING
- **STATE:** MI
- **ZIP:** 48951
- **BUSINESS PHONE:** (517) 367-4336

**MAIL ADDRESS:**
- **STREET 1:** 1 CORPORATE WAY
- **CITY:** LANSING
- **STATE:** MI
- **ZIP:** 48951

## Series and Classes Contracts Data

### JNL/Mellon Financial Sector Fund (Series ID: S000068124)

| Class ID   | Class Name                           | Ticker Symbol   |
|:---|:---|:---|
| C000218206 | JNL/Mellon Financial Sector Fund (I) |  |
| C000218207 | JNL/Mellon Financial Sector Fund (A) |  |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** JNL Series Trust

- **b. Investment Company Act file number:** 811-8894

- **c. CIK number of Registrant:** 0000933691

- **d. LEI of Registrant:** 549300T5WIPN6IWM0D45

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

  - **Street Address 1:** 1 Corporate Way

  - **City:** Lansing

  - **State:** MI

  - **Foreign country:** US

  - **Zip / Postal Code:** 48951

  - **Telephone number:** 517-367-4336

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

- **a. Name of Series:** JNL/Mellon Financial Sector Fund

- **b. EDGAR series identifier (if any):** S000068124

- **c. LEI of Series:** 549300XRY4E550ZHR575

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

- **a. Date of fiscal year-end:** 2022-12-31

- **b. Date as of which information is reported:** 2022-12-31

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $1374178783.64

**Total Liabilities:** $1730551.96

**Net Assets:** $1372448231.68

**Cash Not Reported:** $1583597.75

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000218206 | 12.24%               | 6.20%                | -5.50%               |
| Class ID C000218207 | 12.17%               | 6.18%                | -5.54%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $846759.31               | $147344256.17                              |
| Month 2  | $0.00                    | $83643034.20                               |
| Month 3  | $6107072.52              | $-87658065.60                              |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Jackson National Asset Management, LLC          | JNL Securities Lending Collateral Fund          | CUSIP: 46628D411<br>LEI: N/A                  | Long             | STIV             | RF                | US        |    405201 | NS      | $405201.10    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| CHICAGO MERCANTILE EXCHANGE                     | FUTURE - CASH SETTLED                           | CUSIP: N/A<br>LEI: SNZ2OJLFK8MNNCLQOF39       | N/A              | DE               | CORP              | US        |       119 | NC      | $88127.47     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| W. R. Berkley Corporation                       | W. R. Berkley Corporation                       | CUSIP: 084423102<br>LEI: SQOAGCLKBDWNVYV1OV80 | Long             | EC               | CORP              | US        |     54226 | NS      | $3935180.82   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Columbia Financial, Inc.                        | Columbia Financial, Inc.                        | CUSIP: 197641103<br>LEI: 254900B9UDXFOJAZKN61 | Long             | EC               | CORP              | US        |      8808 | NS      | $190428.96    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Focus Financial Partners Inc.                   | Focus Financial Partners Inc.                   | CUSIP: 34417P100<br>LEI: 5493006FFJCGLZ246V12 | Long             | EC               | CORP              | US        |     14773 | NS      | $550589.71    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Intercontinental Exchange, Inc.                 | Intercontinental Exchange, Inc.                 | CUSIP: 45866F104<br>LEI: 5493000F4ZO33MV32P92 | Long             | EC               | CORP              | US        |    148232 | NS      | $15207120.88  | 1.11%             |  |  |  | No            |                  1 | On Loan: No      |
| MGIC Investment Corporation                     | MGIC Investment Corporation                     | CUSIP: 552848103<br>LEI: 254900S8483WM4M98R28 | Long             | EC               | CORP              | US        |     77662 | NS      | $1009606.00   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Old National Bancorp                            | Old National Bancorp                            | CUSIP: 680033107<br>LEI: 549300MMK90CL5KMVX16 | Long             | EC               | CORP              | US        |     77685 | NS      | $1396776.30   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Old Republic International Corporation          | Old Republic International Corporation          | CUSIP: 680223104<br>LEI: 549300IV6O2YY2A1KH37 | Long             | EC               | CORP              | US        |     74699 | NS      | $1803980.85   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| RLI Corp.                                       | RLI Corp.                                       | CUSIP: 749607107<br>LEI: 529900AMTJE5ECN9PS55 | Long             | EC               | CORP              | US        |     10726 | NS      | $1408002.02   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Raymond James Financial, Inc.                   | Raymond James Financial, Inc.                   | CUSIP: 754730109<br>LEI: RGUZHJ05YTITL6D76949 | Long             | EC               | CORP              | US        |     51554 | NS      | $5508544.90   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Simmons First National Corporation              | Simmons First National Corporation              | CUSIP: 828730200<br>LEI: 549300IVR5AJKUVOGN05 | Long             | EC               | CORP              | US        |     32844 | NS      | $708773.52    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| UMB Financial Corporation                       | UMB Financial Corporation                       | CUSIP: 902788108<br>LEI: 549300MGEH3N3CUCV828 | Long             | EC               | CORP              | US        |     11412 | NS      | $953130.24    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| U.S. Bancorp                                    | U.S. Bancorp                                    | CUSIP: 902973304<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | EC               | CORP              | US        |    358829 | NS      | $15648532.69  | 1.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Umpqua Holdings Corporation                     | Umpqua Holdings Corporation                     | CUSIP: 904214103<br>LEI: 5299002ENJ7CY215BW86 | Long             | EC               | CORP              | US        |     58366 | NS      | $1041833.10   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Western Alliance Bancorporation                 | Western Alliance Bancorporation                 | CUSIP: 957638109<br>LEI: 5493003VJXZ5JXT9S762 | Long             | EC               | CORP              | US        |     28791 | NS      | $1714791.96   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Artisan Partners Asset Management Inc.          | Artisan Partners Asset Management Inc.          | CUSIP: 04316A108<br>LEI: 549300T1FUI6JF63XU51 | Long             | EC               | CORP              | US        |     17930 | NS      | $532521.00    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Navient Corporation                             | Navient Corporation                             | CUSIP: 63938C108<br>LEI: 54930067J0ZNOEBRW338 | Long             | EC               | CORP              | US        |     29244 | NS      | $481063.80    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Erie Indemnity Company                          | Erie Indemnity Company                          | CUSIP: 29530P102<br>LEI: 549300WA5KP94KRUFZ80 | Long             | EC               | CORP              | US        |      6635 | NS      | $1650257.20   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| First Citizens BancShares, Inc.                 | First Citizens BancShares, Inc.                 | CUSIP: 31946M103<br>LEI: 549300N3Z00ZHE2XC526 | Long             | EC               | CORP              | US        |      3139 | NS      | $2380492.04   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Apollo Asset Management, Inc.                   | Apollo Asset Management, Inc.                   | CUSIP: 03769M106<br>LEI: 54930054P2G7ZJB0KM79 | Long             | EC               | CORP              | US        |    115426 | NS      | $7363024.54   | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Axos Financial, Inc.                            | Axos Financial, Inc.                            | CUSIP: 05465C100<br>LEI: 529900D8M56422GK9O25 | Long             | EC               | CORP              | US        |     14285 | NS      | $545972.70    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank OZK                                        | Bank OZK                                        | CUSIP: 06417N103<br>LEI: 549300VYK2WBD7SST478 | Long             | EC               | CORP              | US        |     29852 | NS      | $1195871.12   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Banner Corporation                              | Banner Corporation                              | CUSIP: 06652V208<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      8382 | NS      | $529742.40    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Chubb Limited                                   | Chubb Limited                                   | CUSIP: N/A<br>LEI: E0JAN6VLUDI1HITHT809       | Long             | EC               | CORP              | US        |    110149 | NS      | $24298869.40  | 1.77%             |  |  |  | No            |                  1 | On Loan: No      |
| The Allstate Corporation                        | The Allstate Corporation                        | CUSIP: 020002101<br>LEI: OBT0W1ED8G0NWVOLOJ77 | Long             | EC               | CORP              | US        |     70494 | NS      | $9558986.40   | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| American Equity Investment Life Holding Company | American Equity Investment Life Holding Company | CUSIP: 025676206<br>LEI: 549300RK5RZQ740FPL83 | Long             | EC               | CORP              | US        |     18127 | NS      | $826953.74    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Comerica Incorporated                           | Comerica Incorporated                           | CUSIP: 200340107<br>LEI: I9Q57JVPWHHZ3ZGBW498 | Long             | EC               | CORP              | US        |     34560 | NS      | $2310336.00   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| American Express Company                        | American Express Company                        | CUSIP: 025816109<br>LEI: R4PP93JZOLY261QX3811 | Long             | EC               | CORP              | US        |    158645 | NS      | $23439798.75  | 1.71%             |  |  |  | No            |                  1 | On Loan: No      |
| American Financial Group, Inc.                  | American Financial Group, Inc.                  | CUSIP: 025932104<br>LEI: 549300AFOM7IVKIU1G39 | Long             | EC               | CORP              | US        |     18431 | NS      | $2530207.68   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Community Bank System, Inc.                     | Community Bank System, Inc.                     | CUSIP: 203607106<br>LEI: 5299008N6YHE6GCP1E80 | Long             | EC               | CORP              | US        |     14476 | NS      | $911264.20    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Fulton Financial Corporation                    | Fulton Financial Corporation                    | CUSIP: 360271100<br>LEI: 5493005QLZ6O1BNC0C11 | Long             | EC               | CORP              | US        |     43116 | NS      | $725642.28    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Arthur J. Gallagher & Co.                       | Arthur J. Gallagher & Co.                       | CUSIP: 363576109<br>LEI: 54930049QLLMPART6V29 | Long             | EC               | CORP              | US        |     55954 | NS      | $10549567.16  | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| The Hanover Insurance Group, Inc.               | The Hanover Insurance Group, Inc.               | CUSIP: 410867105<br>LEI: JJYR6MFKFF6CF8DBZ078 | Long             | EC               | CORP              | US        |      9468 | NS      | $1279410.84   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Independent Bank Corp.                          | Independent Bank Corp.                          | CUSIP: 453836108<br>LEI: 549300C5K3W8THR3GE10 | Long             | EC               | CORP              | US        |     12444 | NS      | $1050646.92   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Washington Federal, Inc.                        | Washington Federal, Inc.                        | CUSIP: 938824109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     17391 | NS      | $583468.05    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| FirstCash Holdings, Inc.                        | FirstCash Holdings, Inc.                        | CUSIP: 33768G107<br>LEI: 549300V2X3UU7K0DG350 | Long             | EC               | CORP              | US        |     10164 | NS      | $883353.24    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| American International Group, Inc.              | American International Group, Inc.              | CUSIP: 026874784<br>LEI: ODVCVCQG2BP6VHV36M30 | Long             | EC               | CORP              | US        |    196937 | NS      | $12454295.88  | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Associated Banc-Corp                            | Associated Banc-Corp                            | CUSIP: 045487105<br>LEI: 549300N3CIN473IW5094 | Long             | EC               | CORP              | US        |     40204 | NS      | $928310.36    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| JNL Government Money Market Fund                | JNL Government Money Market Fund                | CUSIP: 46628D437<br>LEI: N/A                  | Long             | STIV             | RF                | US        |   2947866 | NS      | $2947865.74   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| LPL Financial Holdings Inc.                     | LPL Financial Holdings Inc.                     | CUSIP: 50212V100<br>LEI: 549300XROQ4Y8G2L7682 | Long             | EC               | CORP              | US        |     21111 | NS      | $4563564.87   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Moelis & Company                                | Moelis & Company                                | CUSIP: 60786M105<br>LEI: 549300891QNU7VTQUR83 | Long             | EC               | CORP              | US        |     16897 | NS      | $648337.89    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Paypal Holdings, Inc.                           | Paypal Holdings, Inc.                           | CUSIP: 70450Y103<br>LEI: 5493005X2GO78EFZ3E94 | Long             | EC               | CORP              | US        |    302548 | NS      | $21547468.56  | 1.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Pinnacle Financial Partners, Inc.               | Pinnacle Financial Partners, Inc.               | CUSIP: 72346Q104<br>LEI: 54930098EZ8JMSAZGS24 | Long             | EC               | CORP              | US        |     20320 | NS      | $1491488.00   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| ServisFirst Bancshares, Inc.                    | ServisFirst Bancshares, Inc.                    | CUSIP: 81768T108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     13180 | NS      | $908233.80    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Signature Bank                                  | Signature Bank                                  | CUSIP: 82669G104<br>LEI: VLP5AP0XK2GM6GKD1007 | Long             | EC               | CORP              | US        |     16741 | NS      | $1928898.02   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Glacier Bancorp, Inc.                           | Glacier Bancorp, Inc.                           | CUSIP: 37637Q105<br>LEI: 549300SMJAUKZB5D7V74 | Long             | EC               | CORP              | US        |     29913 | NS      | $1478300.46   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| The Goldman Sachs Group, Inc.                   | The Goldman Sachs Group, Inc.                   | CUSIP: 38141G104<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | EC               | CORP              | US        |     89869 | NS      | $30859217.22  | 2.25%             |  |  |  | No            |                  1 | On Loan: No      |
| BankUnited, Inc.                                | BankUnited, Inc.                                | CUSIP: 06652K103<br>LEI: 96OVUWEW5D4YX6PFXD91 | Long             | EC               | CORP              | US        |     20130 | NS      | $683816.10    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Jackson Financial Inc.                          | Jackson Financial Inc.                          | CUSIP: 46817M107<br>LEI: 213800WXW2KG1N4CO374 | Long             | EC               | CORP              | US        |     15978 | NS      | $555874.62    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Synchrony Financial                             | Synchrony Financial                             | CUSIP: 87165B103<br>LEI: 549300RS7EWPM9MA6C78 | Long             | EC               | CORP              | US        |    119190 | NS      | $3916583.40   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| AXIS Capital Holdings Limited                   | AXIS Capital Holdings Limited                   | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | BM        |     20646 | NS      | $1118393.82   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Enstar Group Limited                            | Enstar Group Limited                            | CUSIP: N/A<br>LEI: 213800AMAL5QFXVUCN04       | Long             | EC               | CORP              | BM        |      3702 | NS      | $855310.08    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Essent Group Ltd.                               | Essent Group Ltd.                               | CUSIP: N/A<br>LEI: 254900QUO860OUT6ZF83       | Long             | EC               | CORP              | BM        |     28238 | NS      | $1097893.44   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| TFS Financial Corporation                       | TFS Financial Corporation                       | CUSIP: 87240R107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     13483 | NS      | $194290.03    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Texas Capital Bancshares, Inc.                  | Texas Capital Bancshares, Inc.                  | CUSIP: 88224Q107<br>LEI: 549300466Q2SXRX0YM48 | Long             | EC               | CORP              | US        |     13494 | NS      | $813823.14    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| TowneBank                                       | TowneBank                                       | CUSIP: 89214P109<br>LEI: 54930039UO39UJGI7078 | Long             | EC               | CORP              | US        |     17704 | NS      | $545991.36    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Truist Financial Corporation                    | Truist Financial Corporation                    | CUSIP: 89832Q109<br>LEI: 549300DRQQI75D2JP341 | Long             | EC               | CORP              | US        |    352106 | NS      | $15151121.18  | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Everest Re Group, Ltd.                          | Everest Re Group, Ltd.                          | CUSIP: N/A<br>LEI: 549300N24XF2VV0B3570       | Long             | EC               | CORP              | BM        |     10444 | NS      | $3459783.88   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Janus Henderson Group PLC                       | Janus Henderson Group PLC                       | CUSIP: N/A<br>LEI: 2138009WPYMWJN3RVF44       | Long             | EC               | CORP              | JE        |     35925 | NS      | $844956.00    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| BancFirst Corporation                           | BancFirst Corporation                           | CUSIP: 05945F103<br>LEI: 549300EJEHGBP4IO2J30 | Long             | EC               | CORP              | US        |      4636 | NS      | $408802.48    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Wintrust Financial Corporation                  | Wintrust Financial Corporation                  | CUSIP: 97650W108<br>LEI: Q774KI4AW80FHFW33O61 | Long             | EC               | CORP              | US        |     16225 | NS      | $1371337.00   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| AON Public Limited Company                      | AON Public Limited Company                      | CUSIP: N/A<br>LEI: 635400FALWQYX5E6QC64       | Long             | EC               | CORP              | IE        |     54896 | NS      | $16476485.44  | 1.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Arch Capital Group Ltd.                         | Arch Capital Group Ltd.                         | CUSIP: N/A<br>LEI: 549300AYR4P8AFKDCE43       | Long             | EC               | CORP              | BM        |     98459 | NS      | $6181256.02   | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Invesco Ltd.                                    | Invesco Ltd.                                    | CUSIP: N/A<br>LEI: ECPGFXU8A2SHKVVGJI15       | Long             | EC               | CORP              | BM        |    120168 | NS      | $2161822.32   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| RenaissanceRe Holdings Ltd                      | RenaissanceRe Holdings Ltd                      | CUSIP: N/A<br>LEI: EK6GB9U3U58PDI411C94       | Long             | EC               | CORP              | BM        |     11643 | NS      | $2144989.89   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| AFLAC Incorporated                              | AFLAC Incorporated                              | CUSIP: 001055102<br>LEI: 549300N0B7DOGLXWPP39 | Long             | EC               | CORP              | US        |    150443 | NS      | $10822869.42  | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Affiliated Managers Group, Inc.                 | Affiliated Managers Group, Inc.                 | CUSIP: 008252108<br>LEI: 2JE75BUE3T1BLCYYGK54 | Long             | EC               | CORP              | US        |      9850 | NS      | $1560535.50   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| ADS Alliance Data Systems, Inc.                 | ADS Alliance Data Systems, Inc.                 | CUSIP: 018581108<br>LEI: 549300G8S4PO686J7H97 | Long             | EC               | CORP              | US        |     13533 | NS      | $509652.78    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of America Corporation                     | Bank of America Corporation                     | CUSIP: 060505104<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EC               | CORP              | US        |   1852270 | NS      | $61347182.40  | 4.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Equitable Holdings, Inc.                        | Equitable Holdings, Inc.                        | CUSIP: 29452E101<br>LEI: 549300FIBAKMNHPZ4009 | Long             | EC               | CORP              | US        |     91700 | NS      | $2631790.00   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Hamilton Lane Incorporated                      | Hamilton Lane Incorporated                      | CUSIP: 407497106<br>LEI: 5493006OKN3V1NORM833 | Long             | EC               | CORP              | US        |      9427 | NS      | $602196.76    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Eastern Bankshares, Inc.                        | Eastern Bankshares, Inc.                        | CUSIP: 27627N105<br>LEI: 549300J245MBQU3DO403 | Long             | EC               | CORP              | US        |     41703 | NS      | $719376.75    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Nasdaq, Inc.                                    | Nasdaq, Inc.                                    | CUSIP: 631103108<br>LEI: 549300L8X1Q78ERXFD06 | Long             | EC               | CORP              | US        |     90048 | NS      | $5524444.80   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Palomar Holdings, Inc.                          | Palomar Holdings, Inc.                          | CUSIP: 69753M105<br>LEI: 549300DOI1MUW11BLX74 | Long             | EC               | CORP              | US        |      6699 | NS      | $302526.84    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Reinsurance Group of America, Incorporated      | Reinsurance Group of America, Incorporated      | CUSIP: 759351604<br>LEI: LORM1GNEU1DKEW527V90 | Long             | EC               | CORP              | US        |     17587 | NS      | $2498936.83   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| The Charles Schwab Corporation                  | The Charles Schwab Corporation                  | CUSIP: 808513105<br>LEI: 549300VSGCJ7E698NM85 | Long             | EC               | CORP              | US        |    404797 | NS      | $33703425.79  | 2.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Brighthouse Financial, Inc.                     | Brighthouse Financial, Inc.                     | CUSIP: 10922N103<br>LEI: 5493003T8SZSHOGGAW52 | Long             | EC               | CORP              | US        |     18429 | NS      | $944854.83    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| CME Group Inc.                                  | CME Group Inc.                                  | CUSIP: 12572Q105<br>LEI: LCZ7XYGSLJUHFXXNXD88 | Long             | EC               | CORP              | US        |     95466 | NS      | $16053562.56  | 1.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Cadence Bank                                    | Cadence Bank                                    | CUSIP: 12740C103<br>LEI: Q7C315HKI8VX0SSKBS64 | Long             | EC               | CORP              | US        |     49016 | NS      | $1208734.56   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| The Carlyle Group, Inc.                         | The Carlyle Group, Inc.                         | CUSIP: 14316J108<br>LEI: 529900NGGVF94UK6PG95 | Long             | EC               | CORP              | US        |     57498 | NS      | $1715740.32   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| East West Bancorp, Inc.                         | East West Bancorp, Inc.                         | CUSIP: 27579R104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     37751 | NS      | $2487790.90   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Jefferies Financial Group Inc.                  | Jefferies Financial Group Inc.                  | CUSIP: 47233W109<br>LEI: 549300HOF34RGOJ5YL07 | Long             | EC               | CORP              | US        |     48039 | NS      | $1646776.92   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Brown & Brown, Inc.                             | Brown & Brown, Inc.                             | CUSIP: 115236101<br>LEI: 549300PC8KTJ71XKFY89 | Long             | EC               | CORP              | US        |     62421 | NS      | $3556124.37   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| CNA Financial Corporation                       | CNA Financial Corporation                       | CUSIP: 126117100<br>LEI: 549300YX2GSZD7YG1R84 | Long             | EC               | CORP              | US        |      7319 | NS      | $309447.32    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Mr. Cooper Group Inc.                           | Mr. Cooper Group Inc.                           | CUSIP: 62482R107<br>LEI: 549300KD8C6DPXYC2M26 | Long             | EC               | CORP              | US        |     18336 | NS      | $735823.68    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Nelnet, Inc.                                    | Nelnet, Inc.                                    | CUSIP: 64031N108<br>LEI: 549300T6B0Q52I6OM558 | Long             | EC               | CORP              | US        |      4815 | NS      | $436961.25    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Independence Holdings, LLC                      | Independence Holdings, LLC                      | CUSIP: 68268W103<br>LEI: 549300E3VEW8SMS5XW09 | Long             | EC               | CORP              | US        |     33345 | NS      | $1110721.95   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| CVB Financial Corp.                             | CVB Financial Corp.                             | CUSIP: 126600105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     35228 | NS      | $907121.00    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Cathay General Bancorp                          | Cathay General Bancorp                          | CUSIP: 149150104<br>LEI: 549300K1SLJ8C97H5L68 | Long             | EC               | CORP              | US        |     20350 | NS      | $830076.50    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Pacific Premier Bancorp, Inc.                   | Pacific Premier Bancorp, Inc.                   | CUSIP: 69478X105<br>LEI: 549300Q1KIC3KLI0XG98 | Long             | EC               | CORP              | US        |     25751 | NS      | $812701.56    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Silvergate Capital Corporation                  | Silvergate Capital Corporation                  | CUSIP: 82837P408<br>LEI: BPE6FTXDZEBNAGIT2T19 | Long             | EC               | CORP              | US        |      8088 | NS      | $140731.20    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Cincinnati Financial Corporation                | Cincinnati Financial Corporation                | CUSIP: 172062101<br>LEI: 254900Q4WEDMZBOZ0002 | Long             | EC               | CORP              | US        |     41902 | NS      | $4290345.78   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| International Bancshares Corporation            | International Bancshares Corporation            | CUSIP: 459044103<br>LEI: 549300Y16R531AU8TX77 | Long             | EC               | CORP              | US        |     14354 | NS      | $656839.04    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| K.K.R. Co., Inc.                                | K.K.R. Co., Inc.                                | CUSIP: 48251W104<br>LEI: 54930013V5I303TF9571 | Long             | EC               | CORP              | US        |    152701 | NS      | $7088380.42   | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Stock Yards Bancorp, Inc.                       | Stock Yards Bancorp, Inc.                       | CUSIP: 861025104<br>LEI: 549300YERP9H5TDIQW16 | Long             | EC               | CORP              | US        |      7492 | NS      | $486830.16    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Valley National Bancorp                         | Valley National Bancorp                         | CUSIP: 919794107<br>LEI: 549300ET52S1UBIB9762 | Long             | EC               | CORP              | US        |    113323 | NS      | $1281683.13   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Virtu Financial, Inc.                           | Virtu Financial, Inc.                           | CUSIP: 928254101<br>LEI: 5493001OPW2K42CH3884 | Long             | EC               | CORP              | US        |     24994 | NS      | $510127.54    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| MasterCard Incorporated                         | MasterCard Incorporated                         | CUSIP: 57636Q104<br>LEI: AR5L2ODV9HN37376R084 | Long             | EC               | CORP              | US        |    225283 | NS      | $78337657.59  | 5.71%             |  |  |  | No            |                  1 | On Loan: No      |
| PennyMac Financial Services, Inc.               | PennyMac Financial Services, Inc.               | CUSIP: 70932M107<br>LEI: 549300W1D516HBDEU871 | Long             | EC               | CORP              | US        |      7671 | NS      | $434638.86    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Primerica, Inc.                                 | Primerica, Inc.                                 | CUSIP: 74164M108<br>LEI: 254900621R686KJR7022 | Long             | EC               | CORP              | US        |      9991 | NS      | $1416923.62   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Principal Financial Group, Inc.                 | Principal Financial Group, Inc.                 | CUSIP: 74251V102<br>LEI: CUMYEZJOAF02RYZ1JJ85 | Long             | EC               | CORP              | US        |     60643 | NS      | $5089160.56   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Regions Financial Corporation                   | Regions Financial Corporation                   | CUSIP: 7591EP100<br>LEI: CW05CS5KW59QTC0DG824 | Long             | EC               | CORP              | US        |    249017 | NS      | $5368806.52   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| S&P Global Inc.                                 | S&P Global Inc.                                 | CUSIP: 78409V104<br>LEI: Y6X4K52KMJMZE7I7MY94 | Long             | EC               | CORP              | US        |     88374 | NS      | $29599987.56  | 2.16%             |  |  |  | No            |                  1 | On Loan: No      |
| SLM Corporation                                 | SLM Corporation                                 | CUSIP: 78442P106<br>LEI: 4K8SLPBF5DXXGPW03H93 | Long             | EC               | CORP              | US        |     67061 | NS      | $1113212.60   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Berkshire Hathaway Inc.                         | Berkshire Hathaway Inc.                         | CUSIP: 084670702<br>LEI: 5493000C01ZX7D35SD85 | Long             | EC               | CORP              | US        |    478153 | NS      | $147701461.70 | 10.76%            |  |  |  | No            |                  1 | On Loan: No      |
| Citigroup Inc.                                  | Citigroup Inc.                                  | CUSIP: 172967424<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | EC               | CORP              | US        |    514015 | NS      | $23248898.45  | 1.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Citizens Financial Group, Inc.                  | Citizens Financial Group, Inc.                  | CUSIP: 174610105<br>LEI: 2138004JDDA4ZQUPFW65 | Long             | EC               | CORP              | US        |    130637 | NS      | $5143178.69   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Columbia Banking System, Inc.                   | Columbia Banking System, Inc.                   | CUSIP: 197236102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     21354 | NS      | $643396.02    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| SoFi Technologies, Inc.                         | SoFi Technologies, Inc.                         | CUSIP: 83406F102<br>LEI: 549300SW81JCMVZDDY09 | Long             | EC               | CORP              | US        |    218623 | NS      | $1007852.03   | 0.07%             |  |  |  | No            |                  1 | On Loan: —       |
| Synovus Financial Corp.                         | Synovus Financial Corp.                         | CUSIP: 87161C501<br>LEI: 549300EIUS8UN5JTLE54 | Long             | EC               | CORP              | US        |     39427 | NS      | $1480483.85   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Commerce Bancshares, Inc.                       | Commerce Bancshares, Inc.                       | CUSIP: 200525103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     30025 | NS      | $2043801.75   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Southstate Corporation                          | Southstate Corporation                          | CUSIP: 840441109<br>LEI: 549300JZUANXM0YQ4W53 | Long             | EC               | CORP              | US        |     20079 | NS      | $1533232.44   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Stifel Financial Corp.                          | Stifel Financial Corp.                          | CUSIP: 860630102<br>LEI: 549300E5F07FE5GHJX84 | Long             | EC               | CORP              | US        |     28393 | NS      | $1657299.41   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Webster Financial Corporation                   | Webster Financial Corporation                   | CUSIP: 947890109<br>LEI: KMRURHT0VWKYS6Z5KU67 | Long             | EC               | CORP              | US        |     45909 | NS      | $2173332.06   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Voya Financial, Inc.                            | Voya Financial, Inc.                            | CUSIP: 929089100<br>LEI: 549300T065Z4KJ686G75 | Long             | EC               | CORP              | US        |     26122 | NS      | $1606241.78   | 0.12%             |  |  |  | No            |                  1 | On Loan: —       |
| WSFS Financial Corporation                      | WSFS Financial Corporation                      | CUSIP: 929328102<br>LEI: 549300SU7VQHD6QRG886 | Long             | EC               | CORP              | US        |     16942 | NS      | $768150.28    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Wells Fargo & Company                           | Wells Fargo & Company                           | CUSIP: 949746101<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | EC               | CORP              | US        |   1011253 | NS      | $41754636.37  | 3.04%             |  |  |  | No            |                  1 | On Loan: No      |
| CNO Financial Group, Inc.                       | CNO Financial Group, Inc.                       | CUSIP: 12621E103<br>LEI: 11XPYHB76MPM4Y4P2897 | Long             | EC               | CORP              | US        |     30830 | NS      | $704465.50    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| MarketAxess Holdings Inc.                       | MarketAxess Holdings Inc.                       | CUSIP: 57060D108<br>LEI: 5493002U1CA1XJOVID83 | Long             | EC               | CORP              | US        |     10040 | NS      | $2800055.60   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Ally Financial Inc.                             | Ally Financial Inc.                             | CUSIP: 02005N100<br>LEI: 549300JBN1OSM8YNAI90 | Long             | EC               | CORP              | US        |     79284 | NS      | $1938493.80   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Ameriprise Financial, Inc.                      | Ameriprise Financial, Inc.                      | CUSIP: 03076C106<br>LEI: 6ZLKQF7QB6JAEKQS5388 | Long             | EC               | CORP              | US        |     28262 | NS      | $8799938.94   | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| MetLife, Inc.                                   | MetLife, Inc.                                   | CUSIP: 59156R108<br>LEI: C4BXATY60WC6XEOZDX54 | Long             | EC               | CORP              | US        |    175307 | NS      | $12686967.59  | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Ryan Specialty Group Holdings, Inc.             | Ryan Specialty Group Holdings, Inc.             | CUSIP: 78351F107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     21626 | NS      | $897695.26    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| White Mountains Insurance Group Ltd             | White Mountains Insurance Group Ltd             | CUSIP: N/A<br>LEI: 549300N3FL068JERBG02       | Long             | EC               | CORP              | BM        |       673 | NS      | $951844.09    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Ameris Bancorp                                  | Ameris Bancorp                                  | CUSIP: 03076K108<br>LEI: PBJHNT51T5V6G5UQFV42 | Long             | EC               | CORP              | US        |     17570 | NS      | $828249.80    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Atlantic Union Bank                             | Atlantic Union Bank                             | CUSIP: 04911A107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     19956 | NS      | $701253.84    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| M&T Bank Corporation                            | M&T Bank Corporation                            | CUSIP: 55261F104<br>LEI: 549300WYXDDBYRASEG81 | Long             | EC               | CORP              | US        |     45642 | NS      | $6620828.52   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| BOK Financial Corporation                       | BOK Financial Corporation                       | CUSIP: 05561Q201<br>LEI: GRI2NT5QHYW751NMR949 | Long             | EC               | CORP              | US        |      7972 | NS      | $827413.88    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| BlackRock, Inc.                                 | BlackRock, Inc.                                 | CUSIP: 09247X101<br>LEI: 549300LRIF3NWCU26A80 | Long             | EC               | CORP              | US        |     39860 | NS      | $28245991.80  | 2.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Enact Holdings, Inc.                            | Enact Holdings, Inc.                            | CUSIP: 29249E109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      6517 | NS      | $157190.04    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Evercore Inc.                                   | Evercore Inc.                                   | CUSIP: 29977A105<br>LEI: 529900P6KLPT95DW3W58 | Long             | EC               | CORP              | US        |      9491 | NS      | $1035278.28   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| United Community Banks, Inc.                    | United Community Banks, Inc.                    | CUSIP: 90984P303<br>LEI: 549300GVW0FV66X3U703 | Long             | EC               | CORP              | US        |     28664 | NS      | $968843.20    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Upstart Holdings, Inc.                          | Upstart Holdings, Inc.                          | CUSIP: 91680M107<br>LEI: 549300WNB47JRNENIC75 | Long             | EC               | CORP              | US        |     18999 | NS      | $251166.78    | 0.02%             |  |  |  | No            |                  1 | On Loan: —       |
| JPMorgan Chase & Co.                            | JPMorgan Chase & Co.                            | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               | CORP              | US        |    778433 | NS      | $104387865.30 | 7.61%             |  |  |  | No            |                  1 | On Loan: No      |
| The Travelers Companies, Inc.                   | The Travelers Companies, Inc.                   | CUSIP: 89417E109<br>LEI: 54930005DC1T4GCMYS22 | Long             | EC               | CORP              | US        |     62193 | NS      | $11660565.57  | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Ares Management Corporation                     | Ares Management Corporation                     | CUSIP: 03990B101<br>LEI: 529900JUV61FH7B8VW38 | Long             | EC               | CORP              | US        |     41598 | NS      | $2846967.12   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Blackstone Inc.                                 | Blackstone Inc.                                 | CUSIP: 09260D107<br>LEI: 549300D2L6J4NC1QVZ22 | Long             | EC               | CORP              | US        |    186190 | NS      | $13813436.10  | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Capital One Financial Corporation               | Capital One Financial Corporation               | CUSIP: 14040H105<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | EC               | CORP              | US        |    101155 | NS      | $9403368.80   | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| First Financial Bancorp.                        | First Financial Bancorp.                        | CUSIP: 320209109<br>LEI: 549300D3F5B3EZMY7P77 | Long             | EC               | CORP              | US        |     25095 | NS      | $608051.85    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Kinsale Capital Group, Inc.                     | Kinsale Capital Group, Inc.                     | CUSIP: 49714P108<br>LEI: 529900QTUQHNZ6HOA508 | Long             | EC               | CORP              | US        |      5728 | NS      | $1497986.56   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| T. Rowe Price Group, Inc.                       | T. Rowe Price Group, Inc.                       | CUSIP: 74144T108<br>LEI: 549300SIV6FPS9Y7IH33 | Long             | EC               | CORP              | US        |     59571 | NS      | $6496813.26   | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| TPG Inc.                                        | TPG Inc.                                        | CUSIP: 872657101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     13144 | NS      | $365797.52    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Unum Group                                      | Unum Group                                      | CUSIP: 91529Y106<br>LEI: 549300E32YFDO6TZ8R31 | Long             | EC               | CORP              | US        |     49208 | NS      | $2019004.24   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Zions Bancorporation, National Association      | Zions Bancorporation, National Association      | CUSIP: 989701107<br>LEI: 8WH0EE09O9V05QJZ3V89 | Long             | EC               | CORP              | US        |     39321 | NS      | $1933020.36   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Visa Inc.                                       | Visa Inc.                                       | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | EC               | CORP              | US        |    433911 | NS      | $90149349.36  | 6.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Walker & Dunlop, Inc.                           | Walker & Dunlop, Inc.                           | CUSIP: 93148P102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      8080 | NS      | $634118.40    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| First Republic Bank                             | First Republic Bank                             | CUSIP: 33616C100<br>LEI: YWC0TIKBQM2JV8L4IV08 | Long             | EC               | CORP              | US        |     48459 | NS      | $5906667.51   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Zurich American Corporation                     | Zurich American Corporation                     | CUSIP: 488401100<br>LEI: 549300FNI1JKTRY2PV09 | Long             | EC               | CORP              | US        |     16719 | NS      | $822574.80    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Selective Insurance Group, Inc.                 | Selective Insurance Group, Inc.                 | CUSIP: 816300107<br>LEI: 549300R3WGJWLE40R258 | Long             | EC               | CORP              | US        |     16281 | NS      | $1442659.41   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| State Street Corporation                        | State Street Corporation                        | CUSIP: 857477103<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | EC               | CORP              | US        |     97111 | NS      | $7532900.27   | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| United Bankshares, Inc.                         | United Bankshares, Inc.                         | CUSIP: 909907107<br>LEI: 5299005O3BAMJ9Z92V62 | Long             | EC               | CORP              | US        |     35923 | NS      | $1454522.27   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| WesBanco, Inc.                                  | WesBanco, Inc.                                  | CUSIP: 950810101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     16043 | NS      | $593270.14    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| The Western Union Company                       | The Western Union Company                       | CUSIP: 959802109<br>LEI: 28ID94QU1140NC23S047 | Long             | EC               | CORP              | US        |    102695 | NS      | $1414110.15   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| CorVel Corporation                              | CorVel Corporation                              | CUSIP: 221006109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2533 | NS      | $368120.89    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Cullen/Frost Bankers, Inc.                      | Cullen/Frost Bankers, Inc.                      | CUSIP: 229899109<br>LEI: 529900V2E9G9AY665O34 | Long             | EC               | CORP              | US        |     16861 | NS      | $2254315.70   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Discover Financial Services                     | Discover Financial Services                     | CUSIP: 254709108<br>LEI: Z1YLO2USPORE63VVUL20 | Long             | EC               | CORP              | US        |     72704 | NS      | $7112632.32   | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| F.N.B. Corporation                              | F.N.B. Corporation                              | CUSIP: 302520101<br>LEI: PCYSKIGYNYFDTBLVZU83 | Long             | EC               | CORP              | US        |     95054 | NS      | $1240454.70   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| First Horizon Corporation                       | First Horizon Corporation                       | CUSIP: 320517105<br>LEI: TF3RXI1ZB1TQ30H9JV10 | Long             | EC               | CORP              | US        |    142818 | NS      | $3499041.00   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| First Merchants Corporation                     | First Merchants Corporation                     | CUSIP: 320817109<br>LEI: TZTBT0OTGQ2FEK6XMX94 | Long             | EC               | CORP              | US        |     16036 | NS      | $659239.96    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Franklin Resources, Inc.                        | Franklin Resources, Inc.                        | CUSIP: 354613101<br>LEI: RIFQSET379FOGTEFKS80 | Long             | EC               | CORP              | US        |     75039 | NS      | $1979528.82   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Morningstar, Inc.                               | Morningstar, Inc.                               | CUSIP: 617700109<br>LEI: 529900YGNQPOVAXQ7F29 | Long             | EC               | CORP              | US        |      6788 | NS      | $1470212.92   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Popular, Inc.                                   | Popular, Inc.                                   | CUSIP: 733174700<br>LEI: 5493008CARDZMVQ3LO89 | Long             | EC               | CORP              | PR        |     19310 | NS      | $1280639.20   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| The Progressive Corporation                     | The Progressive Corporation                     | CUSIP: 743315103<br>LEI: 529900TACNVLY9DCR586 | Long             | EC               | CORP              | US        |    155270 | NS      | $20140071.70  | 1.47%             |  |  |  | No            |                  1 | On Loan: No      |
| SEI Investments Company                         | SEI Investments Company                         | CUSIP: 784117103<br>LEI: 5LJTIFADGZ6XH1RVOC11 | Long             | EC               | CORP              | US        |     26860 | NS      | $1565938.00   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Blue Owl Capital Inc.                           | Blue Owl Capital Inc.                           | CUSIP: 09581B103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     89034 | NS      | $943760.40    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Corebridge Financial, Inc.                      | Corebridge Financial, Inc.                      | CUSIP: 21871X109<br>LEI: 549300XY1661QCIA7J65 | Long             | EC               | CORP              | US        |     17348 | NS      | $348000.88    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Globe Life Inc.                                 | Globe Life Inc.                                 | CUSIP: 37959E102<br>LEI: 5493001JFHKQOPP6XA71 | Long             | EC               | CORP              | US        |     24132 | NS      | $2909112.60   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| MSCI Inc.                                       | MSCI Inc.                                       | CUSIP: 55354G100<br>LEI: 549300HTIN2PD78UB763 | Long             | EC               | CORP              | US        |     21197 | NS      | $9860208.49   | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| SVB Financial Group                             | SVB Financial Group                             | CUSIP: 78486Q101<br>LEI: 549300D2KJ20JMXE7542 | Long             | EC               | CORP              | US        |     15579 | NS      | $3585351.06   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Assured Guaranty Ltd.                           | Assured Guaranty Ltd.                           | CUSIP: N/A<br>LEI: 549300BBOQUJEPH87M14       | Long             | EC               | CORP              | BM        |     15647 | NS      | $974182.22    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Willis Towers Watson Public Limited Company     | Willis Towers Watson Public Limited Company     | CUSIP: N/A<br>LEI: 549300WHC56FF48KL350       | Long             | EC               | CORP              | IE        |     28758 | NS      | $7033631.64   | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of Hawaii Corporation                      | Bank of Hawaii Corporation                      | CUSIP: 062540109<br>LEI: 5493006Q8BQ8AD8M2U33 | Long             | EC               | CORP              | US        |     10718 | NS      | $831288.08    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| First American Financial Corporation            | First American Financial Corporation            | CUSIP: 31847R102<br>LEI: 549300B6VEZK3N0A1P55 | Long             | EC               | CORP              | US        |     26987 | NS      | $1412499.58   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| First Financial Bankshares, Inc.                | First Financial Bankshares, Inc.                | CUSIP: 32020R109<br>LEI: 549300XN3GTGOENGNV49 | Long             | EC               | CORP              | US        |     34170 | NS      | $1175448.00   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| First Hawaiian, Inc.                            | First Hawaiian, Inc.                            | CUSIP: 32051X108<br>LEI: 5493002DJSH46F5OLV06 | Long             | EC               | CORP              | US        |     34184 | NS      | $890151.36    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| KeyCorp                                         | KeyCorp                                         | CUSIP: 493267108<br>LEI: RKPI3RZGV1V1FJTH5T61 | Long             | EC               | CORP              | US        |    247465 | NS      | $4310840.30   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Tradeweb Markets Inc.                           | Tradeweb Markets Inc.                           | CUSIP: 892672106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     29154 | NS      | $1892969.22   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Trupanion, Inc.                                 | Trupanion, Inc.                                 | CUSIP: 898202106<br>LEI: 549300J86GFKIDGMQP18 | Long             | EC               | CORP              | US        |      9262 | NS      | $440222.86    | 0.03%             |  |  |  | No            |                  1 | On Loan: —       |
| Trustmark Corporation                           | Trustmark Corporation                           | CUSIP: 898402102<br>LEI: 5493000HPQ4D2RZ79739 | Long             | EC               | CORP              | US        |     14625 | NS      | $510558.75    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Cohen & Steers, Inc.                            | Cohen & Steers, Inc.                            | CUSIP: 19247A100<br>LEI: 549300XXIA338A0X2K65 | Long             | EC               | CORP              | US        |      6955 | NS      | $449014.80    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| First Interstate BancSystem, Inc.               | First Interstate BancSystem, Inc.               | CUSIP: 32055Y201<br>LEI: 549300WRWYTYX0RCNJ43 | Long             | EC               | CORP              | US        |     24154 | NS      | $933552.10    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity National Financial, Inc.               | Fidelity National Financial, Inc.               | CUSIP: 31620R303<br>LEI: 549300CAZYIH39SYQ287 | Long             | EC               | CORP              | US        |     72545 | NS      | $2729142.90   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Heartland Financial USA, Inc.                   | Heartland Financial USA, Inc.                   | CUSIP: 42234Q102<br>LEI: 549300QF7B0DFZT32C73 | Long             | EC               | CORP              | US        |      8084 | NS      | $376876.08    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Independent Bank Group, Inc.                    | Independent Bank Group, Inc.                    | CUSIP: 45384B106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      9842 | NS      | $591307.36    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Assurant, Inc.                                  | Assurant, Inc.                                  | CUSIP: 04621X108<br>LEI: H3F39CAXWQRVWURFXL38 | Long             | EC               | CORP              | US        |     13918 | NS      | $1740585.08   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| The Bank of New York Mellon Corporation         | The Bank of New York Mellon Corporation         | CUSIP: 064058100<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | EC               | CORP              | US        |    195148 | NS      | $8883136.96   | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Dun & Bradstreet Holdings, Inc.                 | Dun & Bradstreet Holdings, Inc.                 | CUSIP: 26484T106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     54633 | NS      | $669800.58    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Freedom Holding Corp.                           | Freedom Holding Corp.                           | CUSIP: 356390104<br>LEI: 254900RKI81EPUJ3RW71 | Long             | EC               | CORP              | US        |      4716 | NS      | $274565.52    | 0.02%             |  |  |  | No            |                  1 | On Loan: —       |
| Hilltop Holdings Inc.                           | Hilltop Holdings Inc.                           | CUSIP: 432748101<br>LEI: 54930010TA543US0PM65 | Long             | EC               | CORP              | US        |     11556 | NS      | $346795.56    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Home BancShares, Inc.                           | Home BancShares, Inc.                           | CUSIP: 436893200<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     50053 | NS      | $1140707.87   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Houlihan Lokey, Inc.                            | Houlihan Lokey, Inc.                            | CUSIP: 441593100<br>LEI: 549300S3CNGTQ1QZVY46 | Long             | EC               | CORP              | US        |     13318 | NS      | $1160796.88   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Huntington Bancshares Incorporated              | Huntington Bancshares Incorporated              | CUSIP: 446150104<br>LEI: 549300XTVCVV9I7B5T19 | Long             | EC               | CORP              | US        |    382883 | NS      | $5398645.90   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Interactive Brokers Group, Inc.                 | Interactive Brokers Group, Inc.                 | CUSIP: 45841N107<br>LEI: 5493004DT6DCDUZNDM53 | Long             | EC               | CORP              | US        |     27305 | NS      | $1975516.75   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Lakeland Financial Corporation                  | Lakeland Financial Corporation                  | CUSIP: 511656100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      6374 | NS      | $465110.78    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Lincoln National Corporation                    | Lincoln National Corporation                    | CUSIP: 534187109<br>LEI: EFQMQROEDSNBRIP7LE47 | Long             | EC               | CORP              | US        |     41537 | NS      | $1276016.64   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Loews Corporation                               | Loews Corporation                               | CUSIP: 540424108<br>LEI: R8V1FN4M5ITGZOG7BS19 | Long             | EC               | CORP              | US        |     52242 | NS      | $3047275.86   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Markel Corporation                              | Markel Corporation                              | CUSIP: 570535104<br>LEI: 549300SCNO12JLWIK605 | Long             | EC               | CORP              | US        |      3569 | NS      | $4702121.81   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Marsh & Mclennan Companies, Inc.                | Marsh & Mclennan Companies, Inc.                | CUSIP: 571748102<br>LEI: 549300XMP3KDCKJXIU47 | Long             | EC               | CORP              | US        |    131634 | NS      | $21782794.32  | 1.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Moody's Corporation                             | Moody's Corporation                             | CUSIP: 615369105<br>LEI: 549300GCEDD8YCF5WU84 | Long             | EC               | CORP              | US        |     41773 | NS      | $11638793.26  | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Morgan Stanley                                  | Morgan Stanley                                  | CUSIP: 617446448<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | EC               | CORP              | US        |    349855 | NS      | $29744686.25  | 2.17%             |  |  |  | No            |                  1 | On Loan: No      |
| New York Community Bancorp, Inc.                | New York Community Bancorp, Inc.                | CUSIP: 649445103<br>LEI: 529900HVXOTLY61GL030 | Long             | EC               | CORP              | US        |    174994 | NS      | $1504948.40   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Northern Trust Corporation                      | Northern Trust Corporation                      | CUSIP: 665859104<br>LEI: 549300GLF98S992BC502 | Long             | EC               | CORP              | US        |     55560 | NS      | $4916504.40   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Prosperity Bancshares, Inc.                     | Prosperity Bancshares, Inc.                     | CUSIP: 743606105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     23954 | NS      | $1740976.72   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Credit Acceptance Corporation                   | Credit Acceptance Corporation                   | CUSIP: 225310101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1627 | NS      | $771848.80    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| FactSet Research Systems Inc.                   | FactSet Research Systems Inc.                   | CUSIP: 303075105<br>LEI: 549300ZSJE7NBK6K9P30 | Long             | EC               | CORP              | US        |     10114 | NS      | $4057837.94   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Federated Hermes, Inc.                          | Federated Hermes, Inc.                          | CUSIP: 314211103<br>LEI: R05X5UQ874RGFF7HHD84 | Long             | EC               | CORP              | US        |     22458 | NS      | $815449.98    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Fifth Third Bancorp                             | Fifth Third Bancorp                             | CUSIP: 316773100<br>LEI: THRNG6BD57P9QWTQLG42 | Long             | EC               | CORP              | US        |    182269 | NS      | $5980245.89   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| First Bancorp.                                  | First Bancorp.                                  | CUSIP: 318672706<br>LEI: 549300QGC3EY3EV0NS72 | Long             | EC               | CORP              | PR        |     50764 | NS      | $645718.08    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Hancock Whitney Corporation                     | Hancock Whitney Corporation                     | CUSIP: 410120109<br>LEI: 549300GRNBWY8HIICT41 | Long             | EC               | CORP              | US        |     22976 | NS      | $1111808.64   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| The Hartford Financial Services Group, Inc.     | The Hartford Financial Services Group, Inc.     | CUSIP: 416515104<br>LEI: IU7C3FTM7Y3BQM112U94 | Long             | EC               | CORP              | US        |     84090 | NS      | $6376544.70   | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| The PNC Financial Services Group, Inc.          | The PNC Financial Services Group, Inc.          | CUSIP: 693475105<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | EC               | CORP              | US        |    107035 | NS      | $16905107.90  | 1.23%             |  |  |  | No            |                  1 | On Loan: No      |
| PacWest Bancorp                                 | PacWest Bancorp                                 | CUSIP: 695263103<br>LEI: 549300YI8VMFO7G36V04 | Long             | EC               | CORP              | US        |     31201 | NS      | $716062.95    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Park National Corporation                       | Park National Corporation                       | CUSIP: 700658107<br>LEI: 5493001T01TDELV5OO63 | Long             | EC               | CORP              | US        |      3537 | NS      | $497832.75    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Prudential Financial, Inc.                      | Prudential Financial, Inc.                      | CUSIP: 744320102<br>LEI: 5PRBRS5FEH7NREC8OR45 | Long             | EC               | CORP              | US        |     97555 | NS      | $9702820.30   | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Radian Group Inc.                               | Radian Group Inc.                               | CUSIP: 750236101<br>LEI: 54930005OUP720S5U385 | Long             | EC               | CORP              | US        |     43113 | NS      | $822164.91    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2023-02-28

**Name of Applicant:** JNL Series Trust

**Signature:** Andrew Tedeschi

**Name of Signer:** Andrew Tedeschi

**Title:** Principal Financial Officer