# EDGAR Filing Document

**Accession Number:** 0000837274
**File Stem:** 0001752724-25-203484
**Filing Date:** 2025-8
**Character Count:** 32187
**Document Hash:** 0bc491a1837c0cfdfd1efa3508bbc6f2
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-203484.hdr.sgml**: 20250826

**ACCESSION NUMBER**: 0001752724-25-203484

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250826

**DATE AS OF CHANGE**: 20250826

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** FRANKLIN TEMPLETON VARIABLE INSURANCE PRODUCTS TRUST
- **CENTRAL INDEX KEY:** 0000837274

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** FL
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-05583
- **FILM NUMBER:** 251253178

**BUSINESS ADDRESS:**
- **STREET 1:** ONE FRANKLIN PARKWAY
- **CITY:** SAN MATEO
- **STATE:** CA
- **ZIP:** 94403-1906
- **BUSINESS PHONE:** 650-312-2000

**MAIL ADDRESS:**
- **STREET 1:** ONE FRANKLIN PARKWAY
- **CITY:** SAN MATEO
- **STATE:** CA
- **ZIP:** 94403-1906

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FRANKLIN VALUEMARK FUNDS
- **DATE OF NAME CHANGE:** 19920703

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FRANKLIN VALUEMARK ANNUITY FUNDS
- **DATE OF NAME CHANGE:** 19881129

## Series and Classes Contracts Data

### FRANKLIN SMALL CAP VALUE VIP FUND (Series ID: S000007315)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000020098 | Class 1      |  |
| C000020099 | Class 2      |  |
| C000061778 | Class 4      |  |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Franklin Templeton Variable Insurance Products Trust

- **b. Investment Company Act file number:** 811-05583

- **c. CIK number of Registrant:** 0000837274

- **d. LEI of Registrant:** 549300PIBKZH7YTTWU55

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

  - **Street Address 1:** One Franklin Parkway

  - **City:** San Mateo

  - **State:** CA

  - **Foreign country:** US

  - **Zip / Postal Code:** 94403-1906

  - **Telephone number:** 650-312-2000

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

- **a. Name of Series:** Franklin Small Cap Value VIP Fund

- **b. EDGAR series identifier (if any):** S000007315

- **c. LEI of Series:** 549300MV3JXN6V8BPD91

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

- **a. Date of fiscal year-end:** 2025-12-31

- **b. Date as of which information is reported:** 2025-06-30

**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:** $1090135709.48

**Total Liabilities:** $9352373.83

**Net Assets:** $1080783335.65

**Delayed Delivery Securities:** $8554271.07

**Cash Not Reported:** $1340735.83

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000020099 | -4.71%               | 5.80%                | 4.56%                |
| Class ID C000020098 | -4.68%               | 5.78%                | 4.60%                |
| Class ID C000061778 | -4.78%               | 5.77%                | 4.56%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-6311802.77             | $-43095189.95                              |
| Month 2  | $-7962821.08             | $63406380.47                               |
| Month 3  | $3447391.16              | $42722534.29                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Crocs, Inc.                                            | Crocs, Inc.                                            | CUSIP: 227046109<br>LEI: 549300B0J6YCXD63OG72 | Long             | EC               | CORP              | US        |     60936 | NS      | $6171598.08   | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Louisiana-Pacific Corp.                                | Louisiana-Pacific Corp.                                | CUSIP: 546347105<br>LEI: 549300C7E2UAO5BVRR75 | Long             | EC               | CORP              | US        |     57947 | NS      | $4982862.53   | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| TriCo Bancshares                                       | TriCo Bancshares                                       | CUSIP: 896095106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    309914 | NS      | $12548417.86  | 1.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Meritage Homes Corp.                                   | Meritage Homes Corp.                                   | CUSIP: 59001A102<br>LEI: 52990044W9UMFJO2FB97 | Long             | EC               | CORP              | US        |     92252 | NS      | $6178116.44   | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Rosebank Industries plc                                | Rosebank Industries plc                                | CUSIP: N/A<br>LEI: 2138005KFPHBAEW69F51       | Long             | EC               | CORP              | JE        |   2077313 | NS      | $9610462.48   | 0.89%             |  |  |  | No            |                  2 | On Loan: No      |
| Camden National Corp.                                  | Camden National Corp.                                  | CUSIP: 133034108<br>LEI: 549300ZVEDL2L8UW4F28 | Long             | EC               | CORP              | US        |    257612 | NS      | $10453894.96  | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| TechnipFMC plc                                         | TechnipFMC plc                                         | CUSIP: N/A<br>LEI: 549300D5I93QWCJTCK36       | Long             | EC               | CORP              | GB        |    103898 | NS      | $3578247.12   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Hunting plc                                            | Hunting plc                                            | CUSIP: N/A<br>LEI: 2138008S5FL78ITZRN66       | Long             | EC               | CORP              | GB        |   1727831 | NS      | $7143136.32   | 0.66%             |  |  |  | No            |                  2 | On Loan: No      |
| Babcock International Group plc                        | Babcock International Group plc                        | CUSIP: N/A<br>LEI: 213800TSKOLX4EU6L377       | Long             | EC               | CORP              | GB        |    722656 | NS      | $11381775.91  | 1.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Mueller Water Products, Inc.                           | Mueller Water Products, Inc., Class A                  | CUSIP: 624758108<br>LEI: 549300F7ZU4P1F8V8L60 | Long             | EC               | CORP              | US        |    595915 | NS      | $14325796.60  | 1.33%             |  |  |  | No            |                  1 | On Loan: No      |
| McGrath RentCorp                                       | McGrath RentCorp                                       | CUSIP: 580589109<br>LEI: 254900EUH6IPWFQ83445 | Long             | EC               | CORP              | US        |    187015 | NS      | $21686259.40  | 2.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Middleby Corp. (The)                                   | Middleby Corp. (The)                                   | CUSIP: 596278101<br>LEI: JDFO86U9VQRBKW5KYA35 | Long             | EC               | CORP              | US        |     92295 | NS      | $13290480.00  | 1.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Taylor Morrison Home Corp.                             | Taylor Morrison Home Corp., Class A                    | CUSIP: 87724P106<br>LEI: 5299009UDLLGLKOOJE30 | Long             | EC               | CORP              | US        |    152899 | NS      | $9391056.58   | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| RXO, Inc.                                              | RXO, Inc.                                              | CUSIP: 74982T103<br>LEI: 549300KL8CA6GP8XPM30 | Long             | EC               | CORP              | US        |    195314 | NS      | $3070336.08   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Knight-Swift Transportation Holdings, Inc.             | Knight-Swift Transportation Holdings, Inc., Class A    | CUSIP: 499049104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    294803 | NS      | $13039136.69  | 1.21%             |  |  |  | No            |                  1 | On Loan: No      |
| La-Z-Boy, Inc.                                         | La-Z-Boy, Inc.                                         | CUSIP: 505336107<br>LEI: 549300WNO1WMN9ZG2519 | Long             | EC               | CORP              | US        |     63678 | NS      | $2366911.26   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Victory Capital Holdings, Inc.                         | Victory Capital Holdings, Inc., Class A                | CUSIP: 92645B103<br>LEI: 549300BN5LH2CIPPHS71 | Long             | EC               | CORP              | US        |    363817 | NS      | $23164228.39  | 2.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Regal Rexnord Corp.                                    | Regal Rexnord Corp.                                    | CUSIP: 758750103<br>LEI: QH78R09VCJGQKPBPYU33 | Long             | EC               | CORP              | US        |    152126 | NS      | $22052184.96  | 2.04%             |  |  |  | No            |                  1 | On Loan: No      |
| HNI Corp.                                              | HNI Corp.                                              | CUSIP: 404251100<br>LEI: 549300SKRADLC4O5HV93 | Long             | EC               | CORP              | US        |    147122 | NS      | $7235459.96   | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Ashland, Inc.                                          | Ashland, Inc.                                          | CUSIP: 044186104<br>LEI: 529900E4L9R04SB8HB11 | Long             | EC               | CORP              | US        |     20159 | NS      | $1013594.52   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Horace Mann Educators Corp.                            | Horace Mann Educators Corp.                            | CUSIP: 440327104<br>LEI: 254900G5YAV3A2YK8T32 | Long             | EC               | CORP              | US        |    630819 | NS      | $27106292.43  | 2.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Mattel, Inc.                                           | Mattel, Inc.                                           | CUSIP: 577081102<br>LEI: 549300VELLG24KHTJ564 | Long             | EC               | CORP              | US        |   1184225 | NS      | $23352917.00  | 2.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Brunswick Corp.                                        | Brunswick Corp.                                        | CUSIP: 117043109<br>LEI: YM4O38W15AX4YLLQKU27 | Long             | EC               | CORP              | US        |    104581 | NS      | $5777054.44   | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| UFP Industries, Inc.                                   | UFP Industries, Inc.                                   | CUSIP: 90278Q108<br>LEI: 5493007KB485C9OV5572 | Long             | EC               | CORP              | US        |     98001 | NS      | $9737379.36   | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Chart Industries, Inc.                                 | Chart Industries, Inc.                                 | CUSIP: 16115Q308<br>LEI: EM7QGKC1GYOF3LSZSL80 | Long             | EC               | CORP              | US        |    192314 | NS      | $31664500.10  | 2.93%             |  |  |  | No            |                  1 | On Loan: No      |
| First Commonwealth Financial Corp.                     | First Commonwealth Financial Corp.                     | CUSIP: 319829107<br>LEI: 549300ZHLQ42NXDETL24 | Long             | EC               | CORP              | US        |    684631 | NS      | $11111561.13  | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Ryerson Holding Corp.                                  | Ryerson Holding Corp.                                  | CUSIP: 783754104<br>LEI: 549300JMA41B3ZHOVE45 | Long             | EC               | CORP              | US        |    494170 | NS      | $10659246.90  | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Seacoast Banking Corp. of Florida                      | Seacoast Banking Corp. of Florida                      | CUSIP: 811707801<br>LEI: 549300V6IC06XYQYPG88 | Long             | EC               | CORP              | US        |    441625 | NS      | $12197682.50  | 1.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Gap, Inc. (The)                                        | Gap, Inc. (The)                                        | CUSIP: 364760108<br>LEI: T2ZG1WRWZ4BUCMQL9224 | Long             | EC               | CORP              | US        |    666162 | NS      | $14528993.22  | 1.34%             |  |  |  | No            |                  1 | On Loan: No      |
| CNO Financial Group, Inc.                              | CNO Financial Group, Inc.                              | CUSIP: 12621E103<br>LEI: 11XPYHB76MPM4Y4P2897 | Long             | EC               | CORP              | US        |    709403 | NS      | $27368767.74  | 2.53%             |  |  |  | No            |                  1 | On Loan: No      |
| American Woodmark Corp.                                | American Woodmark Corp.                                | CUSIP: 030506109<br>LEI: 5299007PFSDWMA74RB56 | Long             | EC               | CORP              | US        |     61349 | NS      | $3274196.13   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| First Bancorp                                          | First Bancorp                                          | CUSIP: 318910106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    420886 | NS      | $18556863.74  | 1.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Whitecap Resources, Inc.                               | Whitecap Resources, Inc.                               | CUSIP: 96467A200<br>LEI: 894500O7XZ1G8OL9CB28 | Long             | EC               | CORP              | CA        |    724705 | NS      | $4869506.70   | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| SouthState Corp.                                       | SouthState Corp.                                       | CUSIP: 840441109<br>LEI: 549300JZUANXM0YQ4W53 | Long             | EC               | CORP              | US        |    309496 | NS      | $28482916.88  | 2.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Black Hills Corp.                                      | Black Hills Corp.                                      | CUSIP: 092113109<br>LEI: 3MGELCRSTNSAMJ962671 | Long             | EC               | CORP              | US        |    171289 | NS      | $9609312.90   | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Alexander & Baldwin, Inc.                              | Alexander & Baldwin, Inc.                              | CUSIP: 014491104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    424602 | NS      | $7570653.66   | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Century Communities, Inc.                              | Century Communities, Inc.                              | CUSIP: 156504300<br>LEI: 5299002QMB2O7ZL1CA26 | Long             | EC               | CORP              | US        |     48546 | NS      | $2734110.72   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Hanover Insurance Group, Inc. (The)                    | Hanover Insurance Group, Inc. (The)                    | CUSIP: 410867105<br>LEI: JJYR6MFKFF6CF8DBZ078 | Long             | EC               | CORP              | US        |    152068 | NS      | $25831791.16  | 2.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Sanmina Corp.                                          | Sanmina Corp.                                          | CUSIP: 801056102<br>LEI: X5K24XLM8QYRXF00EB42 | Long             | EC               | CORP              | US        |    281885 | NS      | $27576809.55  | 2.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Senior plc                                             | Senior plc                                             | CUSIP: N/A<br>LEI: 5493002HQHWN5JQHKQ51       | Long             | EC               | CORP              | GB        |   6448089 | NS      | $16285783.64  | 1.51%             |  |  |  | No            |                  1 | On Loan: No      |
| WSFS Financial Corp.                                   | WSFS Financial Corp.                                   | CUSIP: 929328102<br>LEI: 549300SU7VQHD6QRG886 | Long             | EC               | CORP              | US        |    448689 | NS      | $24677895.00  | 2.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Elementis plc                                          | Elementis plc                                          | CUSIP: N/A<br>LEI: 549300LQIH685LI2ML36       | Long             | EC               | CORP              | GB        |  10185228 | NS      | $22389348.63  | 2.07%             |  |  |  | No            |                  2 | On Loan: No      |
| MKS, Inc.                                              | MKS, Inc.                                              | CUSIP: 55306N104<br>LEI: 549300KEQATBHAGVF505 | Long             | EC               | CORP              | US        |     39615 | NS      | $3936146.40   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Vontier Corp.                                          | Vontier Corp.                                          | CUSIP: 928881101<br>LEI: 549300VVSQLG4P5K4639 | Long             | EC               | CORP              | US        |    220211 | NS      | $8125785.90   | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Commercial Metals Co.                                  | Commercial Metals Co.                                  | CUSIP: 201723103<br>LEI: 549300OQS2LO07ZJ7N73 | Long             | EC               | CORP              | US        |    555841 | NS      | $27186183.31  | 2.52%             |  |  |  | No            |                  1 | On Loan: No      |
| M/I Homes, Inc.                                        | M/I Homes, Inc.                                        | CUSIP: 55305B101<br>LEI: 5299005M71FH9CCSFB69 | Long             | EC               | CORP              | US        |     54436 | NS      | $6103364.32   | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| German American Bancorp, Inc.                          | German American Bancorp, Inc.                          | CUSIP: 373865104<br>LEI: 5493002JDOI3GTNVUD76 | Long             | EC               | CORP              | US        |    298868 | NS      | $11509406.68  | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Dr. Martens plc                                        | Dr. Martens plc                                        | CUSIP: N/A<br>LEI: 213800QPT8YM6NQZPH28       | Long             | EC               | CORP              | GB        |   6113002 | NS      | $6297454.66   | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| WillScot Holdings Corp.                                | WillScot Holdings Corp.                                | CUSIP: 971378104<br>LEI: 549300HJ4VIXF476Q166 | Long             | EC               | CORP              | US        |    870241 | NS      | $23844603.40  | 2.21%             |  |  |  | No            |                  1 | On Loan: No      |
| ACI Worldwide, Inc.                                    | ACI Worldwide, Inc.                                    | CUSIP: 004498101<br>LEI: 5493003BPVMZUJ6F5C02 | Long             | EC               | CORP              | US        |    682707 | NS      | $31343078.37  | 2.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Washington Trust Bancorp, Inc.                         | Washington Trust Bancorp, Inc.                         | CUSIP: 940610108<br>LEI: J66MZFCNJPP3PERHZW54 | Long             | EC               | CORP              | US        |     70403 | NS      | $1990996.84   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Kite Realty Group Trust                                | Kite Realty Group Trust                                | CUSIP: 49803T300<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    331609 | NS      | $7510943.85   | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Gates Industrial Corp. plc                             | Gates Industrial Corp. plc                             | CUSIP: N/A<br>LEI: 549300S6K4FWUSB9KM27       | Long             | EC               | CORP              | GB        |    939786 | NS      | $21643271.58  | 2.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Columbia Banking System, Inc.                          | Columbia Banking System, Inc.                          | CUSIP: 197236102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   1144173 | NS      | $26750764.74  | 2.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Benchmark Electronics, Inc.                            | Benchmark Electronics, Inc.                            | CUSIP: 08160H101<br>LEI: 549300W18RHYZOZKOP53 | Long             | EC               | CORP              | US        |    398601 | NS      | $15477676.83  | 1.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Selective Insurance Group, Inc.                        | Selective Insurance Group, Inc.                        | CUSIP: 816300107<br>LEI: 549300R3WGJWLE40R258 | Long             | EC               | CORP              | US        |     58048 | NS      | $5029859.20   | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Hilton Grand Vacations, Inc.                           | Hilton Grand Vacations, Inc.                           | CUSIP: 43283X105<br>LEI: 549300O9K6MFD8D07574 | Long             | EC               | CORP              | US        |    402808 | NS      | $16728616.24  | 1.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Knowles Corp.                                          | Knowles Corp.                                          | CUSIP: 49926D109<br>LEI: 5493003EO323TDZQU148 | Long             | EC               | CORP              | US        |    686996 | NS      | $12104869.52  | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Boyd Gaming Corp.                                      | Boyd Gaming Corp.                                      | CUSIP: 103304101<br>LEI: 254900787YGRYS2A1Z35 | Long             | EC               | CORP              | US        |    174835 | NS      | $13677342.05  | 1.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Peoples Bancorp, Inc.                                  | Peoples Bancorp, Inc.                                  | CUSIP: 709789101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    262878 | NS      | $8028294.12   | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| IDACORP, Inc.                                          | IDACORP, Inc.                                          | CUSIP: 451107106<br>LEI: N134NUJDWN8UEFA8B673 | Long             | EC               | CORP              | US        |     71985 | NS      | $8310668.25   | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| First Interstate BancSystem, Inc.                      | First Interstate BancSystem, Inc., Class A             | CUSIP: 32055Y201<br>LEI: 549300WRWYTYX0RCNJ43 | Long             | EC               | CORP              | US        |    925635 | NS      | $26676800.70  | 2.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Bread Financial Holdings, Inc.                         | Bread Financial Holdings, Inc.                         | CUSIP: 018581108<br>LEI: 549300G8S4PO686J7H97 | Long             | EC               | CORP              | US        |    297041 | NS      | $16966981.92  | 1.57%             |  |  |  | No            |                  1 | On Loan: No      |
| STAG Industrial, Inc.                                  | STAG Industrial, Inc.                                  | CUSIP: 85254J102<br>LEI: 549300QWYX2W6FASVQ07 | Long             | EC               | CORP              | US        |    110648 | NS      | $4014309.44   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Institutional Fiduciary Trust - Money Market Portfolio | Institutional Fiduciary Trust - Money Market Portfolio | CUSIP: 457756500<br>LEI: 549300M4TP89K77LG374 | Long             | STIV             | RF                | US        |  32967355 | NS      | $32967355.37  | 3.05%             |  |  |  | No            |                  1 | On Loan: No      |
| TTM Technologies, Inc.                                 | TTM Technologies, Inc.                                 | CUSIP: 87305R109<br>LEI: 549300SC4BDOIS008048 | Long             | EC               | CORP              | US        |    284465 | NS      | $11611861.30  | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Bath & Body Works, Inc.                                | Bath & Body Works, Inc.                                | CUSIP: 070830104<br>LEI: GR3KVMWVCR54YWQNXU90 | Long             | EC               | CORP              | US        |    290431 | NS      | $8701312.76   | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Atlantic Union Bankshares Corp.                        | Atlantic Union Bankshares Corp.                        | CUSIP: 04911A107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    521882 | NS      | $16324468.96  | 1.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Liberty Energy, Inc.                                   | Liberty Energy, Inc., Class A                          | CUSIP: 53115L104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    415145 | NS      | $4765864.60   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Select Water Solutions, Inc.                           | Select Water Solutions, Inc., Class A                  | CUSIP: 81617J301<br>LEI: 54930094OK8LA3QDW486 | Long             | EC               | CORP              | US        |    458530 | NS      | $3961699.20   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| BRP, Inc.                                              | BRP, Inc.                                              | CUSIP: 05577W200<br>LEI: 529900EPQGESIRCPY551 | Long             | EC               | CORP              | CA        |     30975 | NS      | $1503541.40   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Avient Corp.                                           | Avient Corp.                                           | CUSIP: 05368V106<br>LEI: SM8L9RZYIB34LNTWO040 | Long             | EC               | CORP              | US        |    643045 | NS      | $20776783.95  | 1.92%             |  |  |  | No            |                  1 | On Loan: No      |
| TWFG, Inc.                                             | TWFG, Inc., Class A                                    | CUSIP: 87318A101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1819 | NS      | $63665.00     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Piper Sandler Cos.                                     | Piper Sandler Cos.                                     | CUSIP: 724078100<br>LEI: QUQDBTUSOAKFEVMRMF78 | Long             | EC               | CORP              | US        |     30739 | NS      | $8543597.66   | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Envista Holdings Corp.                                 | Envista Holdings Corp.                                 | CUSIP: 29415F104<br>LEI: 549300BX623VURJZ5269 | Long             | EC               | CORP              | US        |   1394847 | NS      | $27255310.38  | 2.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Valmont Industries, Inc.                               | Valmont Industries, Inc.                               | CUSIP: 920253101<br>LEI: 5493009ZGZJJ8F77JN08 | Long             | EC               | CORP              | US        |     88326 | NS      | $28844621.82  | 2.67%             |  |  |  | No            |                  1 | On Loan: No      |
| QinetiQ Group plc                                      | QinetiQ Group plc                                      | CUSIP: N/A<br>LEI: 213800S8OBDOZMCMUW34       | Long             | EC               | CORP              | GB        |   4708019 | NS      | $33312900.34  | 3.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Melrose Industries plc                                 | Melrose Industries plc                                 | CUSIP: N/A<br>LEI: 213800RGNXXZY2M7TR85       | Long             | EC               | CORP              | GB        |   2469138 | NS      | $17983191.59  | 1.66%             |  |  |  | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-07-30

**Name of Applicant:** Franklin Templeton Variable Insurance Products Trust

**Signature:** Monica Krogh

**Name of Signer:** Monica Krogh

**Title:** Assistant Treasurer