# EDGAR Filing Document

**Accession Number:** 0001131013
**File Stem:** 0001145549-23-008729
**Filing Date:** 2023-2
**Character Count:** 67083
**Document Hash:** 3e5211f2060100a60c72109000cdf013
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001145549-23-008729.hdr.sgml**: 20230223

**ACCESSION NUMBER**: 0001145549-23-008729

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20221230

**FILED AS OF DATE**: 20230223

**DATE AS OF CHANGE**: 20230223

**PERIOD START**: 20221231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** GuideStone Funds
- **CENTRAL INDEX KEY:** 0001131013
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-10263
- **FILM NUMBER:** 23658999

**BUSINESS ADDRESS:**
- **STREET 1:** 5005 LYNDON B. JOHNSON FREEWAY
- **STREET 2:** SUITE 2200
- **CITY:** DALLAS
- **STATE:** TX
- **ZIP:** 75244-6152
- **BUSINESS PHONE:** 214-720-2148

**MAIL ADDRESS:**
- **STREET 1:** 5005 LYNDON B. JOHNSON FREEWAY
- **STREET 2:** SUITE 2200
- **CITY:** DALLAS
- **STATE:** TX
- **ZIP:** 75244-6152

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** AB FUNDS TRUST/DE
- **DATE OF NAME CHANGE:** 20010405

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** ANNUITY BOARD FUNDS TRUST
- **DATE OF NAME CHANGE:** 20010102

## Series and Classes Contracts Data

### VALUE EQUITY FUND (Series ID: S000001158)

| Class ID   | Class Name    | Ticker Symbol   |
|:---|:---|:---|
| C000003095 | Institutional | GVEYX           |
| C000003096 | Investor      | GVEZX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

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

- **b. Investment Company Act file number:** 811-10263

- **c. CIK number of Registrant:** 0001131013

- **d. LEI of Registrant:** 5493004CCGXMXJDWX424

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

  - **Street Address 1:** 5005 LBJ Freeway, Ste. 2200

  - **City:** Dallas

  - **State:** TX

  - **Foreign country:** US

  - **Zip / Postal Code:** 75244

  - **Telephone number:** 214-720-1170

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

- **a. Name of Series:** VALUE EQUITY FUND

- **b. EDGAR series identifier (if any):** S000001158

- **c. LEI of Series:** 549300DG3S4CWN6Y3078

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

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

- **b. Date as of which information is reported:** 2022-12-30

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $957868736.42

**Total Liabilities:** $1020157.43

**Net Assets:** $956848578.99

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000003095 | 10.44%               | 5.59%                | -3.30%               |
| Class ID C000003096 | 10.46%               | 5.55%                | -3.34%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $850981.85               | $88112463.45                               |
| Month 2  | $4880974.69              | $47878495.34                               |
| Month 3  | $-9621974.05             | $-24331825.94                              |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Berkshire Hathaway Inc.                     | Berkshire Hathaway Inc. COM USD0.0033 CLASS'B'                 | CUSIP: 084670702<br>LEI: 5493000C01ZX7D35SD85 | Long             | EC               | CORP              | US        |     43615 | NS      | $13472673.50  | 1.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Koninklijke Ahold Delhaize NV               | Koninklijke Ahold Delhaize NV EUR0.01                          | CUSIP: N0074E105<br>LEI: 724500C9GNBV20UYRX36 | Long             | EC               | CORP              | NL        |    158361 | NS      | $4553082.61   | 0.48%             |  |  |  | No            |                  2 | On Loan: No      |
| Truist Financial Corporation                | Truist Financial Corporation COM                               | CUSIP: 89832Q109<br>LEI: 549300DRQQI75D2JP341 | Long             | EC               | CORP              | US        |    163955 | NS      | $7054983.65   | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Walt Disney Company                         | Walt Disney Company COM DISNEY USD0.01                         | CUSIP: 254687106<br>LEI: 549300GZKULIZ0WOW665 | Long             | EC               | CORP              | US        |     68860 | NS      | $5982556.80   | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Raytheon Technologies Corporation           | Raytheon Technologies Corporation COM                          | CUSIP: 75513E101<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | EC               | CORP              | US        |    131374 | NS      | $13258264.08  | 1.39%             |  |  |  | No            |                  1 | On Loan: —       |
| NVent Electric PLC                          | NVent Electric PLC COM USD0.01                                 | CUSIP: G6700G107<br>LEI: N/A                  | Long             | EC               | CORP              | IE        |    123777 | NS      | $4761701.19   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Guidestone Fds                              | Guidestone Fds MONEY MKT INSTL                                 | CUSIP: 40171W793<br>LEI: 5493004CCGXMXJDWX424 | Long             | STIV             | RF                | US        |   7252109 | NS      | $7252109.23   | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Guidestone Fds                              | Guidestone Fds MONEY MKT INSTL                                 | CUSIP: 40171W793<br>LEI: 5493004CCGXMXJDWX424 | Long             | STIV             | RF                | US        |    159618 | NS      | $159618.21    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Dollar General Corporation                  | Dollar General Corporation COM USD0.875                        | CUSIP: 256677105<br>LEI: OPX52SQVOZI8IVSWYU66 | Long             | EC               | CORP              | US        |     47245 | NS      | $11634081.25  | 1.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Dupont De Nemours Inc                       | Dupont De Nemours Inc COM USD0.01                              | CUSIP: 26614N102<br>LEI: 5493004JF0SDFLM8GD76 | Long             | EC               | CORP              | US        |     76773 | NS      | $5268930.99   | 0.55%             |  |  |  | No            |                  1 | On Loan: —       |
| Vertiv Holdings Co                          | Vertiv Holdings Co COM CL A                                    | CUSIP: 92537N108<br>LEI: 549300KTTIRAOGXCRV69 | Long             | EC               | CORP              | US        |    480806 | NS      | $6567809.96   | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| The AES Corporation                         | The AES Corporation COM USD0.01                                | CUSIP: 00130H105<br>LEI: 2NUNNB7D43COUIRE5295 | Long             | EC               | CORP              | US        |    130910 | NS      | $3764971.60   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| International Business Machines Corporation | International Business Machines Corporation COM USD0.20        | CUSIP: 459200101<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | EC               | CORP              | US        |     29250 | NS      | $4121032.50   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Air Products & Chemicals, Inc.              | Air Products & Chemicals, Inc. COM USD1                        | CUSIP: 009158106<br>LEI: 7QEON6Y1RL5XR3R1W237 | Long             | EC               | CORP              | US        |     44602 | NS      | $13749012.52  | 1.44%             |  |  |  | No            |                  1 | On Loan: No      |
| The Allstate Corporation                    | The Allstate Corporation COM USD0.01                           | CUSIP: 020002101<br>LEI: OBT0W1ED8G0NWVOLOJ77 | Long             | EC               | CORP              | US        |     67927 | NS      | $9210901.20   | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Amgen Inc.                                  | Amgen Inc. COM USD0.0001                                       | CUSIP: 031162100<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | EC               | CORP              | US        |      9548 | NS      | $2507686.72   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| American Express Company                    | American Express Company COM USD0.20                           | CUSIP: 025816109<br>LEI: R4PP93JZOLY261QX3811 | Long             | EC               | CORP              | US        |     29305 | NS      | $4329813.75   | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Jones Lang LaSalle Incorporated             | Jones Lang LaSalle Incorporated COM USD0.01                    | CUSIP: 48020Q107<br>LEI: 6SYKCME112RT8TQUO411 | Long             | EC               | CORP              | US        |     12743 | NS      | $2030851.91   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Valero Energy Corporation                   | Valero Energy Corporation COM USD0.01                          | CUSIP: 91913Y100<br>LEI: 549300XTO5VR8SKV1V74 | Long             | EC               | CORP              | US        |     33067 | NS      | $4194879.62   | 0.44%             |  |  |  | No            |                  1 | On Loan: —       |
| McKesson Corporation                        | McKesson Corporation COM USD0.01                               | CUSIP: 58155Q103<br>LEI: 549300WZWOM80UCFSF54 | Long             | EC               | CORP              | US        |     13084 | NS      | $4908070.08   | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Pinnacle West Capital Corporation           | Pinnacle West Capital Corporation COM NPV                      | CUSIP: 723484101<br>LEI: TWSEY0NEDUDCKS27AH81 | Long             | EC               | CORP              | US        |     67960 | NS      | $5167678.40   | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Juniper Networks, Inc.                      | Juniper Networks, Inc. COM USD0.00001                          | CUSIP: 48203R104<br>LEI: AUHIXNGG7U2U7JEHM527 | Long             | EC               | CORP              | US        |     73761 | NS      | $2357401.56   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Cognizant Technology Solutions Corp.        | Cognizant Technology Solutions Corp. COM CL A USD0.01          | CUSIP: 192446102<br>LEI: 5493006IEVQEFQO40L83 | Long             | EC               | CORP              | US        |    118026 | NS      | $6749906.94   | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| United Parcel Service, Inc.                 | United Parcel Service, Inc. CLASS'B'COM USD0.01                | CUSIP: 911312106<br>LEI: D01LMJZU09ULLNCY6Z23 | Long             | EC               | CORP              | US        |     20340 | NS      | $3535905.60   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Conagra Brands Inc                          | Conagra Brands Inc COM USD5.00                                 | CUSIP: 205887102<br>LEI: 54930035UDEIH090K650 | Long             | EC               | CORP              | US        |     36789 | NS      | $1423734.30   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Corning Incorporated                        | Corning Incorporated COM USD0.50                               | CUSIP: 219350105<br>LEI: 549300X2937PB0CJ7I56 | Long             | EC               | CORP              | US        |     46962 | NS      | $1499966.28   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| MetLife Inc.                                | MetLife Inc. COM USD0.01                                       | CUSIP: 59156R108<br>LEI: C4BXATY60WC6XEOZDX54 | Long             | EC               | CORP              | US        |     57366 | NS      | $4151577.42   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Deere & Company                             | Deere & Company COM USD1                                       | CUSIP: 244199105<br>LEI: PWFTNG3EI0Y73OXWDH08 | Long             | EC               | CORP              | US        |     22167 | NS      | $9504322.92   | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Morgan Stanley                              | Morgan Stanley COM USD0.01                                     | CUSIP: 617446448<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | EC               | CORP              | US        |     31416 | NS      | $2670988.32   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Darden Restaurants, Inc.                    | Darden Restaurants, Inc. COM NPV                               | CUSIP: 237194105<br>LEI: CY1NFSCCB5GUXC7WZC70 | Long             | EC               | CORP              | US        |     26647 | NS      | $3686079.51   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Electronic Arts Inc.                        | Electronic Arts Inc. COM USD0.01                               | CUSIP: 285512109<br>LEI: 549300O7A67PUEYKDL45 | Long             | EC               | CORP              | US        |     45708 | NS      | $5584603.44   | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Exxon Mobil Corporation                     | Exxon Mobil Corporation COM NPV                                | CUSIP: 30231G102<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | EC               | CORP              | US        |     37685 | NS      | $4156655.50   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| ON Semiconductor Corp.                      | ON Semiconductor Corp. COM USD0.01                             | CUSIP: 682189105<br>LEI: ZV20P4CNJVT8V1ZGJ064 | Long             | EC               | CORP              | US        |     56936 | NS      | $3551098.32   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| M&T Bank Corporation                        | M&T Bank Corporation COM USD0.50                               | CUSIP: 55261F104<br>LEI: 549300WYXDDBYRASEG81 | Long             | EC               | CORP              | US        |     52756 | NS      | $7652785.36   | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Fiserv Inc.                                 | Fiserv Inc. COM USD0.01                                        | CUSIP: 337738108<br>LEI: GI7UBEJLXYLGR2C7GV83 | Long             | EC               | CORP              | US        |     33670 | NS      | $3403026.90   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Freeport-McMoRan Inc.                       | Freeport-McMoRan Inc. COM USD0.10                              | CUSIP: 35671D857<br>LEI: 549300IRDTHJQ1PVET45 | Long             | EC               | CORP              | US        |     65999 | NS      | $2507962.00   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Flex Ltd.                                   | Flex Ltd. COM USD0.01                                          | CUSIP: Y2573F102<br>LEI: 549300EAQH74YHD07T53 | Long             | EC               | CORP              | SG        |    139118 | NS      | $2985472.28   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Halliburton Company                         | Halliburton Company COM USD2.50                                | CUSIP: 406216101<br>LEI: ENYF8GB5SMQZ25S06U51 | Long             | EC               | CORP              | US        |    150110 | NS      | $5906828.50   | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| U.S. Bancorp.                               | U.S. Bancorp. COM USD0.01                                      | CUSIP: 902973304<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | EC               | CORP              | US        |     68379 | NS      | $2982008.19   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Humana Inc.                                 | Humana Inc. COM USD0.166                                       | CUSIP: 444859102<br>LEI: 529900YLDW34GJAO4J06 | Long             | EC               | CORP              | US        |     18665 | NS      | $9560026.35   | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| J. B. Hunt Transport Services, Inc.         | J. B. Hunt Transport Services, Inc. COM USD0.01                | CUSIP: 445658107<br>LEI: 549300XCD1MPI1C5GK90 | Long             | EC               | CORP              | US        |     72340 | NS      | $12613202.40  | 1.32%             |  |  |  | No            |                  1 | On Loan: No      |
| International Flavors & Fragrances Inc.     | International Flavors & Fragrances Inc. COM USD0.125           | CUSIP: 459506101<br>LEI: BZLRL03D3GPGMOGFO832 | Long             | EC               | CORP              | US        |     62759 | NS      | $6579653.56   | 0.69%             |  |  |  | No            |                  1 | On Loan: —       |
| Lithia Motors Incorporated                  | Lithia Motors Incorporated CL'A'COM NPV                        | CUSIP: 536797103<br>LEI: SE8N1EZEHPZQBCBVKD53 | Long             | EC               | CORP              | US        |     18248 | NS      | $3736095.52   | 0.39%             |  |  |  | No            |                  1 | On Loan: —       |
| CVS Health Corp                             | CVS Health Corp COM USD0.01                                    | CUSIP: 126650100<br>LEI: 549300EJG376EN5NQE29 | Long             | EC               | CORP              | US        |     99105 | NS      | $9235594.95   | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Advance Auto Parts Inc.                     | Advance Auto Parts Inc. COM USD0.0001                          | CUSIP: 00751Y106<br>LEI: 529900UCNQ5H9FSL0Y70 | Long             | EC               | CORP              | US        |     64684 | NS      | $9510488.52   | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Northern Trust Corporation                  | Northern Trust Corporation COM USD1.666                        | CUSIP: 665859104<br>LEI: 549300GLF98S992BC502 | Long             | EC               | CORP              | US        |     62260 | NS      | $5509387.40   | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Wells Fargo & Company                       | Wells Fargo & Company COM USD1.666                             | CUSIP: 949746101<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | EC               | CORP              | US        |    300266 | NS      | $12397983.14  | 1.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Oracle Corporation                          | Oracle Corporation COM USD0.01                                 | CUSIP: 68389X105<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | EC               | CORP              | US        |     48086 | NS      | $3930549.64   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Pioneer Natural Resources Company           | Pioneer Natural Resources Company COM USD0.01                  | CUSIP: 723787107<br>LEI: FY8JBF7CCL2VE4F1B628 | Long             | EC               | CORP              | US        |     27775 | NS      | $6343532.25   | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| QUALCOMM Inc.                               | QUALCOMM Inc. COM USD0.0001                                    | CUSIP: 747525103<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | EC               | CORP              | US        |     53055 | NS      | $5832866.70   | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Edison International                        | Edison International COM NPV                                   | CUSIP: 281020107<br>LEI: 549300I7ROF15MAEVP56 | Long             | EC               | CORP              | US        |     84366 | NS      | $5367364.92   | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Comcast Corporation                         | Comcast Corporation COM USD0.01 CL A                           | CUSIP: 20030N101<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | EC               | CORP              | US        |    253941 | NS      | $8880316.77   | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| UnitedHealth Group Inc.                     | UnitedHealth Group Inc. COM USD0.01                            | CUSIP: 91324P102<br>LEI: 549300GHBMY8T5GXDE41 | Long             | EC               | CORP              | US        |     17038 | NS      | $9033206.84   | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Broadcom Inc                                | Broadcom Inc COM USD0.001                                      | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |     15635 | NS      | $8741997.55   | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity National Information Services Inc  | Fidelity National Information Services Inc COM USD0.01         | CUSIP: 31620M106<br>LEI: 6WQI0GK1PRFVBA061U48 | Long             | EC               | CORP              | US        |    150220 | NS      | $10192427.00  | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Stanley Black & Decker, Inc.                | Stanley Black & Decker, Inc. COM USD2.50                       | CUSIP: 854502101<br>LEI: 549300DJ09SMTO561131 | Long             | EC               | CORP              | US        |     44680 | NS      | $3356361.60   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Phillips 66                                 | Phillips 66 COM USD0.01                                        | CUSIP: 718546104<br>LEI: 5493005JBO5YSIGK1814 | Long             | EC               | CORP              | US        |    139187 | NS      | $14486582.96  | 1.51%             |  |  |  | No            |                  1 | On Loan: No      |
| T-Mobile US Inc                             | T-Mobile US Inc COM USD0.00001                                 | CUSIP: 872590104<br>LEI: 549300QHIJYOHPACPG31 | Long             | EC               | CORP              | US        |     36437 | NS      | $5101180.00   | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Medtronic PLC                               | Medtronic PLC USD0.0001                                        | CUSIP: G5960L103<br>LEI: 549300GX3ZBSQWUXY261 | Long             | EC               | CORP              | IE        |     73252 | NS      | $5693145.44   | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Willis Towers Watson Public Limited Company | Willis Towers Watson Public Limited Company COM USD0.000304635 | CUSIP: G96629103<br>LEI: 549300WHC56FF48KL350 | Long             | EC               | CORP              | IE        |     52188 | NS      | $12764141.04  | 1.33%             |  |  |  | No            |                  1 | On Loan: —       |
| Corteva Inc                                 | Corteva Inc COM USD0.01                                        | CUSIP: 22052L104<br>LEI: 549300WZN9I2QKLS0O94 | Long             | EC               | CORP              | US        |     79088 | NS      | $4648792.64   | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Hess Corporation                            | Hess Corporation COM USD1.00                                   | CUSIP: 42809H107<br>LEI: UASVRYNXNK17ULIGK870 | Long             | EC               | CORP              | US        |     93505 | NS      | $13260879.10  | 1.39%             |  |  |  | No            |                  1 | On Loan: No      |
| AECOM                                       | AECOM COM STK USD0.01                                          | CUSIP: 00766T100<br>LEI: 0EEB8GF0W0NPCIHZX097 | Long             | EC               | CORP              | US        |     55368 | NS      | $4702404.24   | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Ralph Lauren Corporation                    | Ralph Lauren Corporation COM USD0.01 CLASS 'A'                 | CUSIP: 751212101<br>LEI: HO1QNWM0IXBZ0QSMMO20 | Long             | EC               | CORP              | US        |     31560 | NS      | $3334945.20   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Aramark                                     | Aramark COM USD0.01                                            | CUSIP: 03852U106<br>LEI: 549300MR6PG2DWZUIL39 | Long             | EC               | CORP              | US        |    198979 | NS      | $8225791.86   | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Aptiv PLC                                   | Aptiv PLC COM USD0.01                                          | CUSIP: G6095L109<br>LEI: N/A                  | Long             | EC               | CORP              | JE        |     69307 | NS      | $6454560.91   | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Northern Inst Fds                           | Northern Inst Fds GOVT PTFL                                    | CUSIP: 665278404<br>LEI: 549300Y178DO5JBR1S04 | Long             | STIV             | RF                | US        |     64620 | NS      | $64620.46     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| American International Group, Inc.          | American International Group, Inc. COM USD2.50                 | CUSIP: 026874784<br>LEI: ODVCVCQG2BP6VHV36M30 | Long             | EC               | CORP              | US        |    161174 | NS      | $10192643.76  | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Elevance Health Inc.                        | Elevance Health Inc. COM USD0.01                               | CUSIP: 036752103<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | EC               | CORP              | US        |     25944 | NS      | $13308493.68  | 1.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Guidestone Fds                              | Guidestone Fds MONEY MKT INSTL                                 | CUSIP: 40171W793<br>LEI: 5493004CCGXMXJDWX424 | Long             | STIV             | RF                | US        |   9330192 | NS      | $9330192.49   | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Guidestone Fds                              | Guidestone Fds MONEY MKT INSTL                                 | CUSIP: 40171W793<br>LEI: 5493004CCGXMXJDWX424 | Long             | STIV             | RF                | US        |   2184705 | NS      | $2184704.91   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Axalta Coating Systems Limited              | Axalta Coating Systems Limited COM USD1.00                     | CUSIP: G0750C108<br>LEI: 529900AGLPA40GV6H619 | Long             | EC               | CORP              | BM        |    232940 | NS      | $5932981.80   | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| The Allstate Corporation                    | The Allstate Corporation COM USD0.01                           | CUSIP: 020002101<br>LEI: OBT0W1ED8G0NWVOLOJ77 | Long             | EC               | CORP              | US        |     87890 | NS      | $11917884.00  | 1.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Pinnacle West Capital Corporation           | Pinnacle West Capital Corporation COM NPV                      | CUSIP: 723484101<br>LEI: TWSEY0NEDUDCKS27AH81 | Long             | EC               | CORP              | US        |     69489 | NS      | $5283943.56   | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Unilever PLC                                | Unilever PLC ADS-EA REP 1 ORD GPB0.03111                       | CUSIP: 904767704<br>LEI: 549300MKFYEKVRWML317 | Long             | EC               | CORP              | GB        |    246535 | NS      | $12413037.25  | 1.30%             |  |  |  | No            |                  1 | On Loan: —       |
| Becton, Dickinson and Company               | Becton, Dickinson and Company COM USD1.00                      | CUSIP: 075887109<br>LEI: ICE2EP6D98PQUILVRZ91 | Long             | EC               | CORP              | US        |     16323 | NS      | $4150938.90   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Verizon Communications Inc.                 | Verizon Communications Inc. COM USD0.10                        | CUSIP: 92343V104<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | EC               | CORP              | US        |    275235 | NS      | $10844259.00  | 1.13%             |  |  |  | No            |                  1 | On Loan: No      |
| BlackRock, Inc.                             | BlackRock, Inc. COM USD0.01                                    | CUSIP: 09247X101<br>LEI: 549300LRIF3NWCU26A80 | Long             | EC               | CORP              | US        |      6090 | NS      | $4315556.70   | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan Chase & Co.                        | JPMorgan Chase & Co. COM USD1.00                               | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               | CORP              | US        |     94243 | NS      | $12637986.30  | 1.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Cisco Systems, Inc.                         | Cisco Systems, Inc. COM USD0.001                               | CUSIP: 17275R102<br>LEI: 549300LKFJ962MZ46593 | Long             | EC               | CORP              | US        |    170101 | NS      | $8103611.64   | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Colgate-Palmolive Company                   | Colgate-Palmolive Company COM USD1.00                          | CUSIP: 194162103<br>LEI: YMEGZFW4SBUSS5BQXF88 | Long             | EC               | CORP              | US        |    115078 | NS      | $9066995.62   | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Packaging Corporation of America            | Packaging Corporation of America COM USD0.01                   | CUSIP: 695156109<br>LEI: 549300XZP8MFZFY8TJ84 | Long             | EC               | CORP              | US        |     44398 | NS      | $5678948.18   | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Conagra Brands Inc                          | Conagra Brands Inc COM USD5.00                                 | CUSIP: 205887102<br>LEI: 54930035UDEIH090K650 | Long             | EC               | CORP              | US        |    174181 | NS      | $6740804.70   | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| F5 Inc                                      | F5 Inc COM STK NPV                                             | CUSIP: 315616102<br>LEI: 54930015FPK9KT966303 | Long             | EC               | CORP              | US        |     42150 | NS      | $6048946.50   | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Emerson Electric Co.                        | Emerson Electric Co. COM USD0.50                               | CUSIP: 291011104<br>LEI: FGLT0EWZSUIRRITFOA30 | Long             | EC               | CORP              | US        |     51988 | NS      | $4993967.28   | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Atmos Energy Corporation                    | Atmos Energy Corporation COM NPV                               | CUSIP: 049560105<br>LEI: QVLWEGTD2S8GJMO8D383 | Long             | EC               | CORP              | US        |     79429 | NS      | $8901608.03   | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Exxon Mobil Corporation                     | Exxon Mobil Corporation COM NPV                                | CUSIP: 30231G102<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | EC               | CORP              | US        |    115161 | NS      | $12702258.30  | 1.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Henry Schein, Inc.                          | Henry Schein, Inc. COM USD0.01                                 | CUSIP: 806407102<br>LEI: VGO3WGL8H45T73F4RR92 | Long             | EC               | CORP              | US        |     72874 | NS      | $5820446.38   | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Kimberly-Clark Corporation                  | Kimberly-Clark Corporation COM USD1.25                         | CUSIP: 494368103<br>LEI: MP3J6QPYPGN75NVW2S34 | Long             | EC               | CORP              | US        |     66785 | NS      | $9066063.75   | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Zimmer Biomet Holdings Inc                  | Zimmer Biomet Holdings Inc COM USD0.01                         | CUSIP: 98956P102<br>LEI: 2P2YLDVPES3BXQ1FRB91 | Long             | EC               | CORP              | US        |    118711 | NS      | $15135652.50  | 1.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Marsh & McLennan Companies, Inc.            | Marsh & McLennan Companies, Inc. COM USD1.00                   | CUSIP: 571748102<br>LEI: 549300XMP3KDCKJXIU47 | Long             | EC               | CORP              | US        |     17602 | NS      | $2912778.96   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Ishares Trust                               | Ishares Trust RUSSELL 1000 VALUE ETF                           | CUSIP: 464287598<br>LEI: 5493000860OXIC4B5K91 | Long             | EC               | RF                | US        |     45236 | NS      | $6860039.40   | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Microsoft Corporation                       | Microsoft Corporation COM USD0.00000625                        | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |     15254 | NS      | $3658214.28   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Oshkosh Corporation                         | Oshkosh Corporation COM USD0.01                                | CUSIP: 688239201<br>LEI: 549300FEKNPCFSA2B506 | Long             | EC               | CORP              | US        |     48466 | NS      | $4274216.54   | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Quest Diagnostics Incorporated              | Quest Diagnostics Incorporated COM USD0.01                     | CUSIP: 74834L100<br>LEI: 8MCWUBXQ0WE04KMXBX50 | Long             | EC               | CORP              | US        |     32447 | NS      | $5076008.68   | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Sonoco Products Company                     | Sonoco Products Company COM NPV                                | CUSIP: 835495102<br>LEI: GKOMIK4RDJGHEF0VNP11 | Long             | EC               | CORP              | US        |     67454 | NS      | $4095132.34   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Southwest Airlines Co.                      | Southwest Airlines Co. COM USD1                                | CUSIP: 844741108<br>LEI: UDTZ87G0STFETI6HGH41 | Long             | EC               | CORP              | US        |    114828 | NS      | $3866258.76   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Public Storage                              | Public Storage COM USD0.10                                     | CUSIP: 74460D109<br>LEI: 549300LMZF40TKJ6DM64 | Long             | EC               | CORP              | US        |     23905 | NS      | $6697941.95   | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Texas Instruments Incorporated              | Texas Instruments Incorporated COM USD1.00                     | CUSIP: 882508104<br>LEI: WDJNR2L6D8RWOEB8T652 | Long             | EC               | CORP              | US        |     23262 | NS      | $3843347.64   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| TotalEnergies SE                            | TotalEnergies SE SPON ADS EA REP 1 ORD SHS                     | CUSIP: 89151E109<br>LEI: 529900S21EQ1BO4ESM68 | Long             | EC               | CORP              | FR        |    195297 | NS      | $12124037.76  | 1.27%             |  |  |  | No            |                  1 | On Loan: —       |
| Walmart Inc                                 | Walmart Inc COM USD0.10                                        | CUSIP: 931142103<br>LEI: Y87794H0US1R65VBXU25 | Long             | EC               | CORP              | US        |     32134 | NS      | $4556279.86   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| TE Connectivity Ltd                         | TE Connectivity Ltd COM CHF0.57                                | CUSIP: H84989104<br>LEI: 894500ZRIX9K13RHXR17 | Long             | EC               | CORP              | CH        |     39081 | NS      | $4486498.80   | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Duke Energy Corp                            | Duke Energy Corp COM USD0.001                                  | CUSIP: 26441C204<br>LEI: I1BZKREC126H0VB1BL91 | Long             | EC               | CORP              | US        |     80968 | NS      | $8338894.32   | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Medtronic PLC                               | Medtronic PLC USD0.0001                                        | CUSIP: G5960L103<br>LEI: 549300GX3ZBSQWUXY261 | Long             | EC               | CORP              | IE        |    263513 | NS      | $20480230.36  | 2.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Siemens AG                                  | Siemens AG NPV(REGD)                                           | CUSIP: D69671218<br>LEI: W38RGI023J3WT1HWRP32 | Long             | EC               | CORP              | DE        |     24268 | NS      | $3345376.12   | 0.35%             |  |  |  | No            |                  2 | On Loan: No      |
| The Bank of New York Mellon Corporation     | The Bank of New York Mellon Corporation COM USD0.01            | CUSIP: 064058100<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | EC               | CORP              | US        |    229524 | NS      | $10447932.48  | 1.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Novartis AG                                 | Novartis AG CHF0.50 (REGD)                                     | CUSIP: H5820Q150<br>LEI: 5493007HIVTX6SY6XD66 | Long             | EC               | CORP              | CH        |     31853 | NS      | $2882615.43   | 0.30%             |  |  |  | No            |                  2 | On Loan: No      |
| Roche Holdings AG                           | Roche Holdings AG GENUSSCHEINE NPV                             | CUSIP: H69293217<br>LEI: 549300U41AUUVOAAOB37 | Long             | EP               | CORP              | CH        |     27871 | NS      | $8758114.92   | 0.92%             |  |  |  | No            |                  2 | On Loan: No      |
| Mondelez International, Inc.                | Mondelez International, Inc. COM NPV                           | CUSIP: 609207105<br>LEI: 549300DV9GIB88LZ5P30 | Long             | EC               | CORP              | US        |     95049 | NS      | $6335015.85   | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Reinsurance Group of America, Incorporated  | Reinsurance Group of America, Incorporated COM USD0.01         | CUSIP: 759351604<br>LEI: LORM1GNEU1DKEW527V90 | Long             | EC               | CORP              | US        |     33592 | NS      | $4773087.28   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Berkshire Hathaway Inc.                     | Berkshire Hathaway Inc. COM USD0.0033 CLASS'B'                 | CUSIP: 084670702<br>LEI: 5493000C01ZX7D35SD85 | Long             | EC               | CORP              | US        |     19501 | NS      | $6023858.90   | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Lamb Weston Holdings Inc                    | Lamb Weston Holdings Inc COM USD1.00                           | CUSIP: 513272104<br>LEI: 5493005SMYID1D2OY946 | Long             | EC               | CORP              | US        |     32370 | NS      | $2892583.20   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Air Products & Chemicals, Inc.              | Air Products & Chemicals, Inc. COM USD1                        | CUSIP: 009158106<br>LEI: 7QEON6Y1RL5XR3R1W237 | Long             | EC               | CORP              | US        |     18741 | NS      | $5777100.66   | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Apple Inc.                                  | Apple Inc. COM USD0.00001                                      | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |     54379 | NS      | $7065463.47   | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Verizon Communications Inc.                 | Verizon Communications Inc. COM USD0.10                        | CUSIP: 92343V104<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | EC               | CORP              | US        |     93017 | NS      | $3664869.80   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| BlackRock, Inc.                             | BlackRock, Inc. COM USD0.01                                    | CUSIP: 09247X101<br>LEI: 549300LRIF3NWCU26A80 | Long             | EC               | CORP              | US        |      8251 | NS      | $5846906.13   | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Cincinnati Financial Corporation            | Cincinnati Financial Corporation COM USD2.00                   | CUSIP: 172062101<br>LEI: 254900Q4WEDMZBOZ0002 | Long             | EC               | CORP              | US        |     29353 | NS      | $3005453.67   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Cisco Systems, Inc.                         | Cisco Systems, Inc. COM USD0.001                               | CUSIP: 17275R102<br>LEI: 549300LKFJ962MZ46593 | Long             | EC               | CORP              | US        |     83631 | NS      | $3984180.84   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Dominion Energy Inc                         | Dominion Energy Inc COM STK NPV                                | CUSIP: 25746U109<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | EC               | CORP              | US        |     66038 | NS      | $4049450.16   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Target Corporation                          | Target Corporation COM STK USD0.0833                           | CUSIP: 87612E106<br>LEI: 8WDDFXB5T1Z6J0XC1L66 | Long             | EC               | CORP              | US        |     25463 | NS      | $3795005.52   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Fastenal Co.                                | Fastenal Co. COM USD0.01                                       | CUSIP: 311900104<br>LEI: 529900PP0C7H2HHPSJ32 | Long             | EC               | CORP              | US        |     74032 | NS      | $3503194.24   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Lowes Companies, Inc.                       | Lowes Companies, Inc. COM USD0.50                              | CUSIP: 548661107<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | EC               | CORP              | US        |     26996 | NS      | $5378683.04   | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Chevron Corporation                         | Chevron Corporation COM USD0.75                                | CUSIP: 166764100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     32684 | NS      | $5866451.16   | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Nestle SA                                   | Nestle SA SPON ADR REPR 1 COM CHF0.10                          | CUSIP: 641069406<br>LEI: KY37LUS27QQX7BB93L28 | Long             | EC               | CORP              | CH        |     34721 | NS      | $4004720.14   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Nintendo Co Ltd                             | Nintendo Co Ltd ADR(8 CNV INTO 1 ORD)NPV                       | CUSIP: 654445303<br>LEI: 353800FEEXU6I9M0ZF27 | Long             | EC               | CORP              | JP        |    266026 | NS      | $2771990.92   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Norfolk Southern Corporation                | Norfolk Southern Corporation COM USD1                          | CUSIP: 655844108<br>LEI: 54930036C8MWP850MI84 | Long             | EC               | CORP              | US        |     18585 | NS      | $4579715.70   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Paychex Inc                                 | Paychex Inc COM USD0.01                                        | CUSIP: 704326107<br>LEI: 529900K900DW6SUBM174 | Long             | EC               | CORP              | US        |     37495 | NS      | $4332922.20   | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| The Progressive Corporation                 | The Progressive Corporation COM USD1.00                        | CUSIP: 743315103<br>LEI: 529900TACNVLY9DCR586 | Long             | EC               | CORP              | US        |     49783 | NS      | $6457352.93   | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Starbucks Corporation                       | Starbucks Corporation COM USD0.001                             | CUSIP: 855244109<br>LEI: OQSJ1DU9TAOC51A47K68 | Long             | EC               | CORP              | US        |     52923 | NS      | $5249961.60   | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Comcast Corporation                         | Comcast Corporation COM USD0.01 CL A                           | CUSIP: 20030N101<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | EC               | CORP              | US        |     73661 | NS      | $2575925.17   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Texas Instruments Incorporated              | Texas Instruments Incorporated COM USD1.00                     | CUSIP: 882508104<br>LEI: WDJNR2L6D8RWOEB8T652 | Long             | EC               | CORP              | US        |     38217 | NS      | $6314212.74   | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity National Information Services Inc  | Fidelity National Information Services Inc COM USD0.01         | CUSIP: 31620M106<br>LEI: 6WQI0GK1PRFVBA061U48 | Long             | EC               | CORP              | US        |     63359 | NS      | $4298908.15   | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Crown Castle Inc.                           | Crown Castle Inc. COM USD0.01                                  | CUSIP: 22822V101<br>LEI: 54930012H97VSM0I2R19 | Long             | EC               | CORP              | US        |     32861 | NS      | $4457266.04   | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| STERIS PLC                                  | STERIS PLC ORD USD0.001                                        | CUSIP: G8473T100<br>LEI: N/A                  | Long             | EC               | CORP              | IE        |     11560 | NS      | $2135016.40   | 0.22%             |  |  |  | No            |                  1 | On Loan: —       |
| STORE Capital Corp.                         | STORE Capital Corp. COM USD0.01                                | CUSIP: 862121100<br>LEI: 5493004EA6C9IHDZ7N66 | Long             | EC               | CORP              | US        |     57274 | NS      | $1836204.44   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Keurig Dr Pepper Inc                        | Keurig Dr Pepper Inc COM USD0.01                               | CUSIP: 49271V100<br>LEI: DYTQ8KRTKO7Y2BVU5K74 | Long             | EC               | CORP              | US        |     52429 | NS      | $1869618.14   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Fox Corporation                             | Fox Corporation COM USD0.01 CL A                               | CUSIP: 35137L105<br>LEI: 549300DDU6FDRBIELS05 | Long             | EC               | CORP              | US        |     67819 | NS      | $2059663.03   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Dupont De Nemours Inc                       | Dupont De Nemours Inc COM USD0.01                              | CUSIP: 26614N102<br>LEI: 5493004JF0SDFLM8GD76 | Long             | EC               | CORP              | US        |     36472 | NS      | $2503073.36   | 0.26%             |  |  |  | No            |                  1 | On Loan: —       |
| Apollo Global Management Inc                | Apollo Global Management Inc COM                               | CUSIP: 03769M106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     36454 | NS      | $2325400.66   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan Chase & Co.                        | JPMorgan Chase & Co. COM USD1.00                               | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               | CORP              | US        |     35296 | NS      | $4733193.60   | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Target Corporation                          | Target Corporation COM STK USD0.0833                           | CUSIP: 87612E106<br>LEI: 8WDDFXB5T1Z6J0XC1L66 | Long             | EC               | CORP              | US        |     12291 | NS      | $1831850.64   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Gilead Sciences, Inc.                       | Gilead Sciences, Inc. COM USD0.001                             | CUSIP: 375558103<br>LEI: 549300WTZWR07K8MNV44 | Long             | EC               | CORP              | US        |     36940 | NS      | $3171299.00   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Lennar Corporation                          | Lennar Corporation COM USD0.10 CLASS A                         | CUSIP: 526057104<br>LEI: 529900G61XVRLX5TJX09 | Long             | EC               | CORP              | US        |     50074 | NS      | $4531697.00   | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Chevron Corporation                         | Chevron Corporation COM USD0.75                                | CUSIP: 166764100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      6713 | NS      | $1204916.37   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Centene Corporation                         | Centene Corporation COM USD0.001                               | CUSIP: 15135B101<br>LEI: 549300Z7JJ4TQSQGT333 | Long             | EC               | CORP              | US        |     64155 | NS      | $5261351.55   | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Pepsico Inc                                 | Pepsico Inc CAP USD0.016666                                    | CUSIP: 713448108<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | EC               | CORP              | US        |     17701 | NS      | $3197862.66   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Simon Property Group Inc                    | Simon Property Group Inc COM USD0.0001                         | CUSIP: 828806109<br>LEI: 529900GQL5X8H7AO3T64 | Long             | EC               | CORP              | US        |     14080 | NS      | $1654118.40   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Comcast Corporation                         | Comcast Corporation COM USD0.01 CL A                           | CUSIP: 20030N101<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | EC               | CORP              | US        |     80339 | NS      | $2809454.83   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Dick's Sporting Goods, Inc.                 | Dick's Sporting Goods, Inc. COM USD0.01                        | CUSIP: 253393102<br>LEI: 529900SSBV5I4LWSK313 | Long             | EC               | CORP              | US        |     20877 | NS      | $2511294.33   | 0.26%             |  |  |  | No            |                  1 | On Loan: —       |
| Textron Inc.                                | Textron Inc. COM STK USD0.125                                  | CUSIP: 883203101<br>LEI: 3PPKBHUG1HD6BO7RNR87 | Long             | EC               | CORP              | US        |     47393 | NS      | $3355424.40   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Weyerhaeuser Company                        | Weyerhaeuser Company COM USD1.25                               | CUSIP: 962166104<br>LEI: 08IRJODWFYBI7QWRGS31 | Long             | EC               | CORP              | US        |     48373 | NS      | $1499563.00   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Intercontinental Exchange Inc               | Intercontinental Exchange Inc COM USD0.01                      | CUSIP: 45866F104<br>LEI: 5493000F4ZO33MV32P92 | Long             | EC               | CORP              | US        |     32378 | NS      | $3321659.02   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Johnson Controls International PLC          | Johnson Controls International PLC COM USD1.00                 | CUSIP: G51502105<br>LEI: 549300XQ6S1GYKGBL205 | Long             | EC               | CORP              | IE        |     63210 | NS      | $4045440.00   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Broadcom Inc                                | Broadcom Inc COM USD0.001                                      | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |      6433 | NS      | $3596883.29   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Molina Healthcare, Inc.                     | Molina Healthcare, Inc. COM USD0.001                           | CUSIP: 60855R100<br>LEI: 549300NQQCEQ46YHZ591 | Long             | EC               | CORP              | US        |     13861 | NS      | $4577179.42   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Ameriprise Financial, Inc.                  | Ameriprise Financial, Inc. COM USD0.01                         | CUSIP: 03076C106<br>LEI: 6ZLKQF7QB6JAEKQS5388 | Long             | EC               | CORP              | US        |     11128 | NS      | $3464925.36   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| AT&T Inc                                    | AT&T Inc COM USD1                                              | CUSIP: 00206R102<br>LEI: 549300Z40J86GGSTL398 | Long             | EC               | CORP              | US        |     74973 | NS      | $1380252.93   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Medtronic PLC                               | Medtronic PLC USD0.0001                                        | CUSIP: G5960L103<br>LEI: 549300GX3ZBSQWUXY261 | Long             | EC               | CORP              | IE        |     11937 | NS      | $927743.64    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Baker Hughes Company                        | Baker Hughes Company COM USD0.0001 CL A                        | CUSIP: 05722G100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     95345 | NS      | $2815537.85   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Warner Bros. Discovery Inc.                 | Warner Bros. Discovery Inc. COM SER A                          | CUSIP: 934423104<br>LEI: 5493006ZCRFWKF6B1K26 | Long             | EC               | CORP              | US        |    141874 | NS      | $1344965.52   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Citigroup Inc.                              | Citigroup Inc. COM USD0.01                                     | CUSIP: 172967424<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | EC               | CORP              | US        |     19534 | NS      | $883522.82    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| General Electric Company                    | General Electric Company COM NEW                               | CUSIP: 369604301<br>LEI: 3C7474T6CDKPR9K6YT90 | Long             | EC               | CORP              | US        |     38691 | NS      | $3241918.89   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Northern Inst Fds                           | Northern Inst Fds GOVT PTFL                                    | CUSIP: 665278404<br>LEI: 549300Y178DO5JBR1S04 | Long             | STIV             | RF                | US        |         1 | NS      | $1.26         | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Guidestone Fds                              | Guidestone Fds MONEY MKT INSTL                                 | CUSIP: 40171W793<br>LEI: 5493004CCGXMXJDWX424 | Long             | STIV             | RF                | US        |  17427117 | NS      | $17427117.47  | 1.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Paramount Global                            | Paramount Global CLASS B COM                                   | CUSIP: 92556H206<br>LEI: 5KYC8KF17ROCY24M3H09 | Long             | EC               | CORP              | US        |     45059 | NS      | $760595.92    | 0.08%             |  |  |  | No            |                  1 | On Loan: —       |
| United Parcel Service, Inc.                 | United Parcel Service, Inc. CLASS'B'COM USD0.01                | CUSIP: 911312106<br>LEI: D01LMJZU09ULLNCY6Z23 | Long             | EC               | CORP              | US        |     29085 | NS      | $5056136.40   | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Microsoft Corporation                       | Microsoft Corporation COM USD0.00000625                        | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |     17525 | NS      | $4202845.50   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Church & Dwight Co., Inc.                   | Church & Dwight Co., Inc. COM USD1.00                          | CUSIP: 171340102<br>LEI: POOXSI30AWAQGYJZC921 | Long             | EC               | CORP              | US        |     22782 | NS      | $1836457.02   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Guidestone Fds                              | Guidestone Fds MONEY MKT INSTL                                 | CUSIP: 40171W793<br>LEI: 5493004CCGXMXJDWX424 | Long             | STIV             | RF                | US        |   1547070 | NS      | $1547070.48   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Northern Inst Fds                           | Northern Inst Fds GOVT PTFL                                    | CUSIP: 665278404<br>LEI: 549300Y178DO5JBR1S04 | Long             | STIV             | RF                | US        |     22296 | NS      | $22296.06     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| CURRENCY CONTRACT - CHF                     | CURRENCY CONTRACT - CHF                                        | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              | CORP              | XX        |   -238993 | NC      | $2091.95      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| CURRENCY CONTRACT - EUR                     | CURRENCY CONTRACT - EUR                                        | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              | CORP              | XX        |   -413450 | NC      | $282.86       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| CURRENCY CONTRACT - USD                     | CURRENCY CONTRACT - USD                                        | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              | CORP              | XX        | -10109498 | NC      | $75374.06     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| CURRENCY CONTRACT - USD                     | CURRENCY CONTRACT - USD                                        | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              | CORP              | XX        | -10762747 | NC      | $-63761.90    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| CURRENCY CONTRACT - USD                     | CURRENCY CONTRACT - USD                                        | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              | CORP              | XX        | -18071103 | NC      | $-116151.64   | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| CURRENCY CONTRACT - USD                     | CURRENCY CONTRACT - USD                                        | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DFE              | CORP              | XX        |   -615460 | NC      | $-7321.19     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Northern Inst Fds                           | Northern Inst Fds LIQ ASET PORTF                               | CUSIP: 665279105<br>LEI: 549300Y178DO5JBR1S04 | Long             | STIV             | RF                | US        |     56100 | NS      | $56100.00     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Northern Inst Fds                           | Northern Inst Fds LIQ ASET PORTF                               | CUSIP: 665279105<br>LEI: 549300Y178DO5JBR1S04 | Long             | STIV             | RF                | US        |    432575 | NS      | $432575.00    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2023-01-30

**Name of Applicant:** Guidestone Funds

**Signature:** Patrick Pattison

**Name of Signer:** Patrick Pattison

**Title:** Vice President & Treasurer