# EDGAR Filing Document

**Accession Number:** 0001669626
**File Stem:** 0001669626-25-000036
**Filing Date:** 2025-9
**Character Count:** 22753
**Document Hash:** 7dfe987c6d5a3f0fe2a1edfaa0c7ec52
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001669626-25-000036.hdr.sgml**: 20250925

**ACCESSION NUMBER**: 0001669626-25-000036

**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 Core Funds
- **CENTRAL INDEX KEY:** 0001669626

**ORGANIZATION NAME:**
- **EIN:** 810984919
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1031

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23149
- **FILM NUMBER:** 251342688

**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

## Series and Classes Contracts Data

### Thrivent Core Small Cap Value Fund (Series ID: S000075310)

| Class ID   | Class Name                         | Ticker Symbol   |
|:---|:---|:---|
| C000234237 | Thrivent Core Small Cap Value Fund |  |

## 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 Core Funds

- **b. Investment Company Act file number:** 811-23149

- **c. CIK number of Registrant:** 0001669626

- **d. LEI of Registrant:** 549300UJJQ0UT7692449

- **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 CORE SMALL CAP VALUE FUND

- **b. EDGAR series identifier (if any):** S000075310

- **c. LEI of Series:** 549300MCHI789NHKGU18

**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:** $137581054.05

**Total Liabilities:** $33147.79

**Net Assets:** $137547906.26

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000234237 | 5.91%                | 4.47%                | 1.07%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $2690748.66              | $14925711.48                               |
| Month 2  | $35903313.11             | $-22732066.10                              |
| Month 3  | $1190100.69              | $401568.09                                 |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| AIR LEASE CORP                 | Air Lease Corporation                                        | CUSIP: 00912X302<br>LEI: 5493004NW4M4P8TMMK63 | Long             | EC               | CORP              | US        |     37677 | NS      | $2087305.80   | 1.52%             |  |  |  | No            |                  1 | On Loan: No      |
| KYNDRYL HLDGS INC              | Kyndryl Holdings, Inc.                                       | CUSIP: 50155Q100<br>LEI: 549300LQ4LWX2R8ZV130 | Long             | EC               | CORP              | US        |     67193 | NS      | $2537879.61   | 1.85%             |  |  |  | No            |                  1 | On Loan: No      |
| OLD NATL BANCORP IND           | Old National Bancorp                                         | CUSIP: 680033107<br>LEI: 549300MMK90CL5KMVX16 | Long             | EC               | CORP              | US        |    148150 | NS      | $3127446.50   | 2.27%             |  |  |  | No            |                  1 | On Loan: No      |
| BANNER CORP                    | Banner Corporation                                           | CUSIP: 06652V208<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     41672 | NS      | $2586789.40   | 1.88%             |  |  |  | No            |                  1 | On Loan: No      |
| GULFPORT ENERGY CORP           | Gulfport Energy Corporation                                  | CUSIP: 402635502<br>LEI: 254900DJRGZBUZ3F5038 | Long             | EC               | CORP              | US        |     16447 | NS      | $2863916.11   | 2.08%             |  |  |  | No            |                  1 | On Loan: No      |
| PLYMOUTH INDL REIT INC         | Plymouth Industrial REIT, Inc.                               | CUSIP: 729640102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    174905 | NS      | $2539620.60   | 1.85%             |  |  |  | No            |                  1 | On Loan: No      |
| MURPHY USA INC                 | Murphy USA, Inc.                                             | CUSIP: 626755102<br>LEI: 549300Y081F8XIKQIO72 | Long             | EC               | CORP              | US        |      5489 | NS      | $1989652.72   | 1.45%             |  |  |  | No            |                  1 | On Loan: No      |
| SIGNET JEWELERS LIMITED        | Signet Jewelers, Ltd.                                        | CUSIP: G81276100<br>LEI: 549300N3XPGE91WV7M22 | Long             | EC               | CORP              | BM        |     40542 | NS      | $3206872.20   | 2.33%             |  |  |  | No            |                  1 | On Loan: No      |
| AGCO CORP DEL                  | AGCO Corporation                                             | CUSIP: 001084102<br>LEI: LYOM0B2GCF1JWXK5ZG04 | Long             | EC               | CORP              | US        |     24165 | NS      | $2850745.05   | 2.07%             |  |  |  | No            |                  1 | On Loan: No      |
| GRAND CANYON ED INC            | Grand Canyon Education, Inc.                                 | CUSIP: 38526M106<br>LEI: 529900XFER799IYOSW74 | Long             | EC               | CORP              | US        |     13155 | NS      | $2218327.65   | 1.61%             |  |  |  | No            |                  1 | On Loan: No      |
| CIENA CORP                     | Ciena Corporation                                            | CUSIP: 171779309<br>LEI: W0CZ7N0GH8UIGXDM1H41 | Long             | EC               | CORP              | US        |     29725 | NS      | $2759669.00   | 2.01%             |  |  |  | No            |                  1 | On Loan: No      |
| GREIF INC                      | Greif, Inc.                                                  | CUSIP: 397624107<br>LEI: 54930070FVGKR0Z1FI24 | Long             | EC               | CORP              | US        |     55353 | NS      | $3511040.79   | 2.55%             |  |  |  | No            |                  1 | On Loan: No      |
| ADVANCE AUTO PTS INC           | Advance Auto Parts, Inc.                                     | CUSIP: 00751Y106<br>LEI: 529900UCNQ5H9FSL0Y70 | Long             | EC               | CORP              | US        |     50937 | NS      | $2703226.59   | 1.97%             |  |  |  | No            |                  1 | On Loan: No      |
| MASTERBRAND INC                | Masterbrand, Inc.                                            | CUSIP: 57638P104<br>LEI: 549300E0Y4BR5Z9RDZ64 | Long             | EC               | CORP              | US        |    141143 | NS      | $1556807.29   | 1.13%             |  |  |  | No            |                  1 | On Loan: No      |
| WNS HOLDINGS LIMITED           | WNS Holdings, Ltd.                                           | CUSIP: G98196101<br>LEI: 529900RM7QHUD3W9DM42 | Long             | EC               | CORP              | JE        |     32810 | NS      | $2453859.90   | 1.78%             |  |  |  | No            |                  1 | On Loan: No      |
| KORN FERRY                     | Korn Ferry                                                   | CUSIP: 500643200<br>LEI: 549300FOD20OM0GT5G40 | Long             | EC               | CORP              | US        |     36940 | NS      | $2617937.80   | 1.90%             |  |  |  | No            |                  1 | On Loan: No      |
| MATADOR RES CO                 | Matador Resources Company                                    | CUSIP: 576485205<br>LEI: 549300CI3Q2UUK5R4G79 | Long             | EC               | CORP              | US        |     47643 | NS      | $2376432.84   | 1.73%             |  |  |  | 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        |   5149636 | NS      | $5149636.09   | 3.74%             |  |  |  | No            |                  1 | On Loan: No      |
| EVERCORE INC                   | Evercore, Inc.                                               | CUSIP: 29977A105<br>LEI: 529900P6KLPT95DW3W58 | Long             | EC               | CORP              | US        |      7060 | NS      | $2126048.40   | 1.55%             |  |  |  | No            |                  1 | On Loan: No      |
| MERITAGE HOMES CORP            | Meritage Homes Corporation                                   | CUSIP: 59001A102<br>LEI: 52990044W9UMFJO2FB97 | Long             | EC               | CORP              | US        |     37842 | NS      | $2548280.28   | 1.85%             |  |  |  | No            |                  1 | On Loan: No      |
| PLEXUS CORP                    | Plexus Corporation                                           | CUSIP: 729132100<br>LEI: 549300W7HCBI5YT25I79 | Long             | EC               | CORP              | US        |     16119 | NS      | $2055172.50   | 1.49%             |  |  |  | No            |                  1 | On Loan: No      |
| CONSTELLIUM SE                 | Constellium SE                                               | CUSIP: F21107101<br>LEI: 724500KRJEMC79KAAU28 | Long             | EC               | CORP              | FR        |    217251 | NS      | $2978511.21   | 2.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Ardelyx, Inc.                  | Ardelyx, Inc.                                                | CUSIP: 039697107<br>LEI: 549300F542QR4SXHCY32 | Long             | EC               | CORP              | US        |    211075 | NS      | $894958.00    | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| WINTRUST FINL CORP             | Wintrust Financial Corporation                               | CUSIP: 97650W108<br>LEI: Q774KI4AW80FHFW33O61 | Long             | EC               | CORP              | US        |     25022 | NS      | $3202315.56   | 2.33%             |  |  |  | No            |                  1 | On Loan: No      |
| NATIONAL STORAGE AFFILIATES TR | National Storage Affiliates Trust                            | CUSIP: 637870106<br>LEI: 529900FS06O8GOYNR108 | Long             | EC               | CORP              | US        |     77588 | NS      | $2285742.48   | 1.66%             |  |  |  | No            |                  1 | On Loan: No      |
| MOOG INC                       | Moog, Inc.                                                   | CUSIP: 615394202<br>LEI: 549300WM2I4U7OBAHG07 | Long             | EC               | CORP              | US        |     13070 | NS      | $2530090.60   | 1.84%             |  |  |  | No            |                  1 | On Loan: No      |
| CRANE NXT CO                   | Crane NXT Company                                            | CUSIP: 224441105<br>LEI: 549300EXNPSXEWUD3N21 | Long             | EC               | CORP              | US        |     52863 | NS      | $3136890.42   | 2.28%             |  |  |  | No            |                  1 | On Loan: No      |
| CUSHMAN & WAKEFIELD PLC        | Cushman and Wakefield plc                                    | CUSIP: G2717B108<br>LEI: N/A                  | Long             | EC               | CORP              | GB        |    262405 | NS      | $3198716.95   | 2.33%             |  |  |  | No            |                  1 | On Loan: No      |
| WYNDHAM HOTELS & RESORTS INC   | Wyndham Hotels & Resorts, Inc.                               | CUSIP: 98311A105<br>LEI: 549300FE3MQ4RVXXC673 | Long             | EC               | CORP              | US        |     21015 | NS      | $1807290.00   | 1.31%             |  |  |  | No            |                  1 | On Loan: No      |
| INGEVITY CORP                  | Ingevity Corporation                                         | CUSIP: 45688C107<br>LEI: 5493009UTFC4B5IMGF87 | Long             | EC               | CORP              | US        |     40031 | NS      | $1672895.49   | 1.22%             |  |  |  | No            |                  1 | On Loan: No      |
| J & J SNACK FOODS CORP         | J & J Snack Foods Corporation                                | CUSIP: 466032109<br>LEI: 894500IGP1Y2ZQFQMJ83 | Long             | EC               | CORP              | US        |     21095 | NS      | $2381414.55   | 1.73%             |  |  |  | No            |                  1 | On Loan: No      |
| GLOBUS MED INC                 | Globus Medical, Inc.                                         | CUSIP: 379577208<br>LEI: 5299003M2P4CIK0RF205 | Long             | EC               | CORP              | US        |     24750 | NS      | $1302592.50   | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| FIRST BUSEY CORP               | First Busey Corporation                                      | CUSIP: 319383204<br>LEI: 549300X4ZNLYSX7GUY60 | Long             | EC               | CORP              | US        |    120335 | NS      | $2685877.20   | 1.95%             |  |  |  | No            |                  1 | On Loan: No      |
| SPIRE INC                      | Spire, Inc.                                                  | CUSIP: 84857L101<br>LEI: 549300NXSY15DRY2R511 | Long             | EC               | CORP              | US        |     42620 | NS      | $3173911.40   | 2.31%             |  |  |  | No            |                  1 | On Loan: No      |
| TECHNIPFMC PLC                 | TechnipFMC plc                                               | CUSIP: G87110105<br>LEI: 549300D5I93QWCJTCK36 | Long             | EC               | CORP              | GB        |     65507 | NS      | $2382489.59   | 1.73%             |  |  |  | No            |                  1 | On Loan: No      |
| SIX FLAGS ENTMT CORP DEL       | Six Flags Entertainment Corporation                          | CUSIP: 83001C108<br>LEI: 529900AS2CYWYFHRS781 | Long             | EC               | CORP              | US        |     84572 | NS      | $2533777.12   | 1.84%             |  |  |  | No            |                  1 | On Loan: No      |
| TTM TECHNOLOGIES INC           | TTM Technologies, Inc.                                       | CUSIP: 87305R109<br>LEI: 549300SC4BDOIS008048 | Long             | EC               | CORP              | US        |     28355 | NS      | $1339773.75   | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| AAR CORP                       | AAR Corporation                                              | CUSIP: 000361105<br>LEI: MP76T5YQX3YK5VVAQ802 | Long             | EC               | CORP              | US        |     25116 | NS      | $1876416.36   | 1.36%             |  |  |  | No            |                  1 | On Loan: No      |
| GROUP 1 AUTOMOTIVE INC         | Group 1 Automotive, Inc.                                     | CUSIP: 398905109<br>LEI: 549300US8QAZJLWYAF63 | Long             | EC               | CORP              | US        |      4122 | NS      | $1698882.30   | 1.24%             |  |  |  | No            |                  1 | On Loan: No      |
| TIMKEN CO                      | Timken Company                                               | CUSIP: 887389104<br>LEI: B0I35MLPFXZSE70ASS73 | Long             | EC               | CORP              | US        |     20107 | NS      | $1529941.63   | 1.11%             |  |  |  | No            |                  1 | On Loan: No      |
| SCHNEIDER NATL INC WIS         | Schneider National, Inc.                                     | CUSIP: 80689H102<br>LEI: 529900V6GZ6G6E3BLV72 | Long             | EC               | CORP              | US        |     96680 | NS      | $2363826.00   | 1.72%             |  |  |  | No            |                  1 | On Loan: No      |
| ALLY FINL INC                  | Ally Financial, Inc.                                         | CUSIP: 02005N100<br>LEI: 549300JBN1OSM8YNAI90 | Long             | EC               | CORP              | US        |     56128 | NS      | $2124444.80   | 1.54%             |  |  |  | No            |                  1 | On Loan: No      |
| RLI CORP                       | RLI Corporation                                              | CUSIP: 749607107<br>LEI: 529900AMTJE5ECN9PS55 | Long             | EC               | CORP              | US        |     35271 | NS      | $2327533.29   | 1.69%             |  |  |  | No            |                  1 | On Loan: No      |
| BLACK HILLS CORP               | Black Hills Corporation                                      | CUSIP: 092113109<br>LEI: 3MGELCRSTNSAMJ962671 | Long             | EC               | CORP              | US        |     48704 | NS      | $2814117.12   | 2.05%             |  |  |  | No            |                  1 | On Loan: No      |
| UMB FINL CORP                  | UMB Financial Corporation                                    | CUSIP: 902788108<br>LEI: 549300MGEH3N3CUCV828 | Long             | EC               | CORP              | US        |     31468 | NS      | $3461165.32   | 2.52%             |  |  |  | No            |                  1 | On Loan: No      |
| PRIMO BRANDS CORP              | Primo Brands Corporation                                     | CUSIP: 741623102<br>LEI: 254900J0WS4AXV2LAX55 | Long             | EC               | CORP              | US        |     88482 | NS      | $2442988.02   | 1.78%             |  |  |  | No            |                  1 | On Loan: No      |
| ESSENT GROUP LTD               | Essent Group, Ltd.                                           | CUSIP: G3198U102<br>LEI: 254900QUO860OUT6ZF83 | Long             | EC               | CORP              | BM        |     48495 | NS      | $2715235.05   | 1.97%             |  |  |  | No            |                  1 | On Loan: No      |
| MKS INC                        | MKS, Inc.                                                    | CUSIP: 55306N104<br>LEI: 549300KEQATBHAGVF505 | Long             | EC               | CORP              | US        |     24283 | NS      | $2311255.94   | 1.68%             |  |  |  | No            |                  1 | On Loan: No      |
| BEL FUSE INC                   | Bel Fuse, Inc.                                               | CUSIP: 077347300<br>LEI: 2549009L4XYDBRRY6X39 | Long             | EC               | CORP              | US        |     28217 | NS      | $3669338.68   | 2.67%             |  |  |  | No            |                  1 | On Loan: No      |
| CADENCE BK                     | Cadence Bank                                                 | CUSIP: 12740C103<br>LEI: Q7C315HKI8VX0SSKBS64 | Long             | EC               | CORP              | US        |     66562 | NS      | $2319685.70   | 1.69%             |  |  |  | No            |                  1 | On Loan: No      |
| HOULIHAN LOKEY INC             | Houlihan Lokey, Inc.                                         | CUSIP: 441593100<br>LEI: 549300S3CNGTQ1QZVY46 | Long             | EC               | CORP              | US        |      9616 | NS      | $1833386.56   | 1.33%             |  |  |  | No            |                  1 | On Loan: No      |
| AGREE RLTY CORP                | Agree Realty Corporation                                     | CUSIP: 008492100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     20134 | NS      | $1443607.80   | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| GATES INDL CORP PLC            | Gates Industrial Corporation plc                             | CUSIP: G39108108<br>LEI: 549300S6K4FWUSB9KM27 | Long             | EC               | CORP              | GB        |    111119 | NS      | $2755751.20   | 2.00%             |  |  |  | No            |                  1 | On Loan: No      |
| ENTERPRISE FINL SVCS CORP      | Enterprise Financial Services Corporation                    | CUSIP: 293712105<br>LEI: 5493001XTU5DLD632129 | Long             | EC               | CORP              | US        |     49841 | NS      | $2750724.79   | 2.00%             |  |  |  | No            |                  1 | On Loan: No      |
| ASBURY AUTOMOTIVE GROUP INC    | Asbury Automotive Group, Inc.                                | CUSIP: 043436104<br>LEI: 549300JH4DTA7U42GL91 | Long             | EC               | CORP              | US        |      7594 | NS      | $1686779.28   | 1.23%             |  |  |  | No            |                  1 | On Loan: No      |
| ENOVIS CORP                    | Enovis Corporation                                           | CUSIP: 194014502<br>LEI: 635400OP2DYYYMOIYL17 | Long             | EC               | CORP              | US        |     76261 | NS      | $2043794.80   | 1.49%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

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

**Name of Applicant:** Thrivent Core Funds

**Signature:** Sarah L. Bergstrom

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

**Title:** Treasurer and Principal Accounting Officer