# EDGAR Filing Document

**Accession Number:** 0000814679
**File Stem:** 0000940400-26-021400
**Filing Date:** 2026-5
**Character Count:** 227686
**Document Hash:** 8d95b08f55c9e77148705cf5a6c5b264
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000940400-26-021400.hdr.sgml**: 20260527

**ACCESSION NUMBER**: 0000940400-26-021400

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260527

**DATE AS OF CHANGE**: 20260527

**PERIOD START**: 20261231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** ADVANCED SERIES TRUST
- **CENTRAL INDEX KEY:** 0000814679

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

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-05186
- **FILM NUMBER:** 261024888

**BUSINESS ADDRESS:**
- **STREET 1:** 655 BROAD STREET
- **STREET 2:** 6TH FLOOR
- **CITY:** NEWARK
- **STATE:** NJ
- **ZIP:** 07102
- **BUSINESS PHONE:** (973) 367-8982

**MAIL ADDRESS:**
- **STREET 1:** 655 BROAD STREET
- **STREET 2:** 6TH FLOOR
- **CITY:** NEWARK
- **STATE:** NJ
- **ZIP:** 07102

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** AMERICAN SKANDIA TRUST
- **DATE OF NAME CHANGE:** 19920703

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** HENDERSON INTERNATIONAL GROWTH FUND
- **DATE OF NAME CHANGE:** 19920506

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** HENDERSON GLOBAL ASSET TRUST
- **DATE OF NAME CHANGE:** 19900302

## Series and Classes Contracts Data

### AST LARGE-CAP VALUE PORTFOLIO (Series ID: S000001977)

| Class ID   | Class Name                    | Ticker Symbol   |
|:---|:---|:---|
| C000005187 | AST LARGE-CAP VALUE PORTFOLIO |  |

## Nport-Ex

AST LARGE-CAP VALUE PORTFOLIO

---

| | |
|:---|:---|
| **SCHEDULE OF INVESTMENTS** | **as of March 31, 2026 (unaudited)** |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Shares** | &nbsp;&nbsp;**Value** |
| **Long-Term Investments — 98.3%** | **Long-Term Investments — 98.3%** | **Long-Term Investments — 98.3%** |
| **Common Stocks — 95.3%** | **Common Stocks — 95.3%** | **Common Stocks — 95.3%** |
| **Aerospace & Defense — 2.5%** | **Aerospace & Defense — 2.5%** | **Aerospace & Defense — 2.5%** |
| &nbsp;&nbsp;&nbsp;Boeing Co. (The)\* | &nbsp;&nbsp;&nbsp;&nbsp;32659 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$6500121 |
| &nbsp;&nbsp;&nbsp;General Dynamics Corp. | &nbsp;&nbsp;&nbsp;&nbsp;11600 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3981352 |
| &nbsp;&nbsp;&nbsp;Huntington Ingalls Industries, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5894 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2239131 |
| &nbsp;&nbsp;&nbsp;L3Harris Technologies, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6724 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2320789 |
| &nbsp;&nbsp;&nbsp;Northrop Grumman Corp. | &nbsp;&nbsp;&nbsp;&nbsp;35065 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23922745 |
| &nbsp;&nbsp;&nbsp;RTX Corp. | &nbsp;&nbsp;&nbsp;271068 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;52289017 |
| &nbsp;&nbsp;&nbsp;Textron, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;30358 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2658146 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;93911301 |
| **Air Freight & Logistics — 1.0%** | **Air Freight & Logistics — 1.0%** | **Air Freight & Logistics — 1.0%** |
| &nbsp;&nbsp;&nbsp;FedEx Corp. | &nbsp;&nbsp;&nbsp;101690 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36219944 |
| &nbsp;&nbsp;&nbsp;United Parcel Service, Inc. (Class B Stock) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7417 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;729685 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36949629 |
| **Automobile Components — 0.2%** | **Automobile Components — 0.2%** | **Automobile Components — 0.2%** |
| &nbsp;&nbsp;&nbsp;Aptiv PLC\* | &nbsp;&nbsp;&nbsp;&nbsp;35272 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2449288 |
| &nbsp;&nbsp;&nbsp;Magna International, Inc. (Canada) | &nbsp;&nbsp;&nbsp;118460 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6611252 |
| &nbsp;&nbsp;&nbsp;Mobileye Global, Inc. (Israel) (Class A Stock)\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3700 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25419 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9085959 |
| **Automobiles — 1.3%** | **Automobiles — 1.3%** | **Automobiles — 1.3%** |
| &nbsp;&nbsp;&nbsp;Ford Motor Co. | &nbsp;&nbsp;&nbsp;406790 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4694357 |
| &nbsp;&nbsp;&nbsp;General Motors Co. | &nbsp;&nbsp;&nbsp;577392 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43015704 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47710061 |
| **Banks — 8.5%** | **Banks — 8.5%** | **Banks — 8.5%** |
| &nbsp;&nbsp;&nbsp;Bank of America Corp. | 1307798 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;63755153 |
| &nbsp;&nbsp;&nbsp;Citigroup, Inc. | &nbsp;&nbsp;&nbsp;584789 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;66320920 |
| &nbsp;&nbsp;&nbsp;Citizens Financial Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;51059 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3062008 |
| &nbsp;&nbsp;&nbsp;East West Bancorp, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4219 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;450420 |
| &nbsp;&nbsp;&nbsp;Fifth Third Bancorp(a) | &nbsp;&nbsp;&nbsp;296717 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13785472 |
| &nbsp;&nbsp;&nbsp;First Citizens BancShares, Inc. (Class A Stock)(a) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;795 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1498305 |
| &nbsp;&nbsp;&nbsp;Huntington Bancshares, Inc. | &nbsp;&nbsp;&nbsp;303244 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4745769 |
| &nbsp;&nbsp;&nbsp;JPMorgan Chase & Co. | &nbsp;&nbsp;&nbsp;258926 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;76165672 |
| &nbsp;&nbsp;&nbsp;KeyCorp | &nbsp;&nbsp;&nbsp;&nbsp;34600 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;693730 |
| &nbsp;&nbsp;&nbsp;M&T Bank Corp. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1198976 |
| &nbsp;&nbsp;&nbsp;PNC Financial Services Group, Inc. (The) | &nbsp;&nbsp;&nbsp;141468 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29438076 |
| &nbsp;&nbsp;&nbsp;Regions Financial Corp. | &nbsp;&nbsp;&nbsp;&nbsp;31400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;820168 |
| &nbsp;&nbsp;&nbsp;Truist Financial Corp. | &nbsp;&nbsp;&nbsp;136079 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6255552 |
| &nbsp;&nbsp;&nbsp;U.S. Bancorp | &nbsp;&nbsp;&nbsp;388241 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20192414 |
| &nbsp;&nbsp;&nbsp;Wells Fargo & Co. | &nbsp;&nbsp;&nbsp;358895 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28571631 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;316954266 |
| **Beverages — 1.2%** | **Beverages — 1.2%** | **Beverages — 1.2%** |
| &nbsp;&nbsp;&nbsp;Coca-Cola Co. (The) | &nbsp;&nbsp;&nbsp;415940 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31632237 |
| &nbsp;&nbsp;&nbsp;Constellation Brands, Inc. (Class A Stock)(a) | &nbsp;&nbsp;&nbsp;&nbsp;34476 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5171400 |
| &nbsp;&nbsp;&nbsp;Keurig Dr. Pepper, Inc.(a) | &nbsp;&nbsp;&nbsp;&nbsp;49578 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1305389 |
| &nbsp;&nbsp;&nbsp;PepsiCo, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;51456 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7990602 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46099628 |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Shares** | &nbsp;&nbsp;**Value** |
| **Common Stocks (continued)** | **Common Stocks (continued)** | **Common Stocks (continued)** |
| **Biotechnology — 1.8%** | **Biotechnology — 1.8%** | **Biotechnology — 1.8%** |
| &nbsp;&nbsp;&nbsp;AbbVie, Inc. | &nbsp;&nbsp;&nbsp;83760 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$18216963 |
| &nbsp;&nbsp;&nbsp;Biogen, Inc.\* | &nbsp;&nbsp;&nbsp;26718 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4898211 |
| &nbsp;&nbsp;&nbsp;Incyte Corp.\* | &nbsp;&nbsp;&nbsp;&nbsp;4495 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;423069 |
| &nbsp;&nbsp;&nbsp;Ionis Pharmaceuticals, Inc.\*(a) | &nbsp;&nbsp;&nbsp;19724 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1481075 |
| &nbsp;&nbsp;&nbsp;Moderna, Inc.\*(a) | &nbsp;&nbsp;&nbsp;&nbsp;7400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;375920 |
| &nbsp;&nbsp;&nbsp;Regeneron Pharmaceuticals, Inc. | &nbsp;&nbsp;&nbsp;43408 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33538757 |
| &nbsp;&nbsp;&nbsp;United Therapeutics Corp.\* | &nbsp;&nbsp;&nbsp;&nbsp;3022 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1791986 |
| &nbsp;&nbsp;&nbsp;Vertex Pharmaceuticals, Inc.\* | &nbsp;&nbsp;&nbsp;17939 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8010481 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;68736462 |
| **Broadline Retail — 1.5%** | **Broadline Retail — 1.5%** | **Broadline Retail — 1.5%** |
| &nbsp;&nbsp;&nbsp;Amazon.com, Inc.\* | 273684 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;57000167 |
| **Building Products — 0.4%** | **Building Products — 0.4%** | **Building Products — 0.4%** |
| &nbsp;&nbsp;&nbsp;Builders FirstSource, Inc.\*(a) | &nbsp;&nbsp;&nbsp;12173 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1002203 |
| &nbsp;&nbsp;&nbsp;Carrier Global Corp.(a) | &nbsp;&nbsp;&nbsp;56493 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3181121 |
| &nbsp;&nbsp;&nbsp;Johnson Controls International PLC | &nbsp;&nbsp;&nbsp;85789 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11234069 |
| &nbsp;&nbsp;&nbsp;Owens Corning | &nbsp;&nbsp;&nbsp;&nbsp;9300 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1006446 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16423839 |
| **Capital Markets — 3.7%** | **Capital Markets — 3.7%** | **Capital Markets — 3.7%** |
| &nbsp;&nbsp;&nbsp;Bank of New York Mellon Corp. (The) | &nbsp;&nbsp;&nbsp;24009 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2848188 |
| &nbsp;&nbsp;&nbsp;Blackrock, Inc. | &nbsp;&nbsp;&nbsp;14386 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13835160 |
| &nbsp;&nbsp;&nbsp;Charles Schwab Corp. (The) | 518815 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48758234 |
| &nbsp;&nbsp;&nbsp;CME Group, Inc. | &nbsp;&nbsp;&nbsp;62798 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18547389 |
| &nbsp;&nbsp;&nbsp;Goldman Sachs Group, Inc. (The) | &nbsp;&nbsp;&nbsp;27481 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23248651 |
| &nbsp;&nbsp;&nbsp;Intercontinental Exchange, Inc. | &nbsp;&nbsp;&nbsp;27679 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4353353 |
| &nbsp;&nbsp;&nbsp;Jefferies Financial Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;7100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;293017 |
| &nbsp;&nbsp;&nbsp;Morgan Stanley | &nbsp;&nbsp;&nbsp;34021 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5598836 |
| &nbsp;&nbsp;&nbsp;Northern Trust Corp. | &nbsp;&nbsp;&nbsp;18948 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2644572 |
| &nbsp;&nbsp;&nbsp;Raymond James Financial, Inc. | &nbsp;&nbsp;&nbsp;15419 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2232517 |
| &nbsp;&nbsp;&nbsp;State Street Corp. | 121876 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15424627 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;137784544 |
| **Chemicals — 3.6%** | **Chemicals — 3.6%** | **Chemicals — 3.6%** |
| &nbsp;&nbsp;&nbsp;Air Products & Chemicals, Inc. | &nbsp;&nbsp;&nbsp;74945 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21770773 |
| &nbsp;&nbsp;&nbsp;Albemarle Corp. | &nbsp;&nbsp;&nbsp;43152 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7747079 |
| &nbsp;&nbsp;&nbsp;Celanese Corp. | &nbsp;&nbsp;&nbsp;65713 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4321944 |
| &nbsp;&nbsp;&nbsp;CF Industries Holdings, Inc. | &nbsp;&nbsp;&nbsp;15106 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1961363 |
| &nbsp;&nbsp;&nbsp;Chemours Co. (The)(a) | 151822 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3344639 |
| &nbsp;&nbsp;&nbsp;Corteva, Inc. | 296352 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24807626 |
| &nbsp;&nbsp;&nbsp;Dow, Inc. | &nbsp;&nbsp;&nbsp;27345 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1138919 |
| &nbsp;&nbsp;&nbsp;DuPont de Nemours, Inc. | &nbsp;&nbsp;&nbsp;14208 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;650726 |
| &nbsp;&nbsp;&nbsp;Eastman Chemical Co.(a) | &nbsp;&nbsp;&nbsp;66032 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5039562 |
| &nbsp;&nbsp;&nbsp;International Flavors & Fragrances, Inc.(a) | &nbsp;&nbsp;&nbsp;&nbsp;8741 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;634160 |
| &nbsp;&nbsp;&nbsp;Linde PLC | &nbsp;&nbsp;&nbsp;43674 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21651822 |
| &nbsp;&nbsp;&nbsp;LyondellBasell Industries NV (Class A Stock) | &nbsp;&nbsp;&nbsp;55439 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4466166 |
| &nbsp;&nbsp;&nbsp;Olin Corp.(a) | 165587 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4922902 |
| &nbsp;&nbsp;&nbsp;PPG Industries, Inc. | 166724 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17819461 |
| &nbsp;&nbsp;&nbsp;Sherwin-Williams Co. (The) | &nbsp;&nbsp;&nbsp;36004 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11541082 |
| &nbsp;&nbsp;&nbsp;Westlake Corp. | &nbsp;&nbsp;&nbsp;&nbsp;3200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;373824 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;132192048 |
| **Commercial Services & Supplies — 0.3%** | **Commercial Services & Supplies — 0.3%** | **Commercial Services & Supplies — 0.3%** |
| &nbsp;&nbsp;&nbsp;Clean Harbors, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;2886 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;827503 |
| &nbsp;&nbsp;&nbsp;Copart, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;2333 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;77455 |

---

A1

------

AST LARGE-CAP VALUE PORTFOLIO (continued)

---

| | |
|:---|:---|
| **SCHEDULE OF INVESTMENTS** | **as of March 31, 2026 (unaudited)** |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Shares** | &nbsp;&nbsp;**Value** |
| **Common Stocks (continued)** | **Common Stocks (continued)** | **Common Stocks (continued)** |
| **Commercial Services & Supplies (cont'd.)** | **Commercial Services & Supplies (cont'd.)** | **Commercial Services & Supplies (cont'd.)** |
| &nbsp;&nbsp;&nbsp;Republic Services, Inc. | &nbsp;&nbsp;&nbsp;22292 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$4882394 |
| &nbsp;&nbsp;&nbsp;Veralto Corp. | &nbsp;&nbsp;&nbsp;67161 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5938376 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11725728 |
| **Communications Equipment — 2.3%** | **Communications Equipment — 2.3%** | **Communications Equipment — 2.3%** |
| &nbsp;&nbsp;&nbsp;Cisco Systems, Inc. | 625039 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48496776 |
| &nbsp;&nbsp;&nbsp;F5, Inc.\* | &nbsp;&nbsp;&nbsp;50000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14466500 |
| &nbsp;&nbsp;&nbsp;Motorola Solutions, Inc. | &nbsp;&nbsp;&nbsp;30093 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13059459 |
| &nbsp;&nbsp;&nbsp;Telefonaktiebolaget LM Ericsson (Sweden), ADR(a) | 792942 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8936456 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;84959191 |
| **Construction Materials — 1.2%** | **Construction Materials — 1.2%** | **Construction Materials — 1.2%** |
| &nbsp;&nbsp;&nbsp;Amrize Ltd.\* | &nbsp;&nbsp;&nbsp;38755 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2171055 |
| &nbsp;&nbsp;&nbsp;CRH PLC | 196639 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20670692 |
| &nbsp;&nbsp;&nbsp;James Hardie Industries PLC\*(a) | 146267 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2770297 |
| &nbsp;&nbsp;&nbsp;Martin Marietta Materials, Inc. | &nbsp;&nbsp;&nbsp;28638 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16858618 |
| &nbsp;&nbsp;&nbsp;Vulcan Materials Co. | &nbsp;&nbsp;&nbsp;&nbsp;9132 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2486643 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44957305 |
| **Consumer Finance — 1.3%** | **Consumer Finance — 1.3%** | **Consumer Finance — 1.3%** |
| &nbsp;&nbsp;&nbsp;American Express Co. | &nbsp;&nbsp;&nbsp;36135 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10930115 |
| &nbsp;&nbsp;&nbsp;Capital One Financial Corp. | 193813 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35357306 |
| &nbsp;&nbsp;&nbsp;Synchrony Financial | &nbsp;&nbsp;&nbsp;37327 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2538982 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;48826403 |
| **Consumer Staples Distribution & Retail — 2.0%** | **Consumer Staples Distribution & Retail — 2.0%** | **Consumer Staples Distribution & Retail — 2.0%** |
| &nbsp;&nbsp;&nbsp;BJ's Wholesale Club Holdings, Inc.\* | 137944 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13576449 |
| &nbsp;&nbsp;&nbsp;Casey's General Stores, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;3794 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2761501 |
| &nbsp;&nbsp;&nbsp;Dollar General Corp. | &nbsp;&nbsp;&nbsp;11700 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1389141 |
| &nbsp;&nbsp;&nbsp;Dollar Tree, Inc.\*(a) | &nbsp;&nbsp;&nbsp;11500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1259365 |
| &nbsp;&nbsp;&nbsp;Kroger Co. (The) | 247664 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17920967 |
| &nbsp;&nbsp;&nbsp;Performance Food Group Co.\* | &nbsp;&nbsp;&nbsp;98457 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8433827 |
| &nbsp;&nbsp;&nbsp;Target Corp. | &nbsp;&nbsp;&nbsp;40087 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4858544 |
| &nbsp;&nbsp;&nbsp;US Foods Holding Corp.\*(a) | &nbsp;&nbsp;&nbsp;23845 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2198747 |
| &nbsp;&nbsp;&nbsp;Walmart, Inc. | 174372 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21670952 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;74069493 |
| **Containers & Packaging — 0.4%** | **Containers & Packaging — 0.4%** | **Containers & Packaging — 0.4%** |
| &nbsp;&nbsp;&nbsp;Amcor PLC(a) | &nbsp;&nbsp;&nbsp;16461 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;654325 |
| &nbsp;&nbsp;&nbsp;Ball Corp. | 166465 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9839746 |
| &nbsp;&nbsp;&nbsp;International Paper Co. | &nbsp;&nbsp;&nbsp;19192 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;685154 |
| &nbsp;&nbsp;&nbsp;Packaging Corp. of America | &nbsp;&nbsp;&nbsp;&nbsp;9135 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1938630 |
| &nbsp;&nbsp;&nbsp;Smurfit Westrock PLC | &nbsp;&nbsp;&nbsp;35739 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1424199 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14542054 |
| **Distributors — 0.1%** | **Distributors — 0.1%** | **Distributors — 0.1%** |
| &nbsp;&nbsp;&nbsp;Genuine Parts Co. | &nbsp;&nbsp;&nbsp;28000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2961000 |
| **Diversified Telecommunication Services — 1.3%** | **Diversified Telecommunication Services — 1.3%** | **Diversified Telecommunication Services — 1.3%** |
| &nbsp;&nbsp;&nbsp;AT&T, Inc. | 679202 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19690066 |
| &nbsp;&nbsp;&nbsp;Comcast Corp. (Class A Stock) | 668032 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19179199 |
| &nbsp;&nbsp;&nbsp;Verizon Communications, Inc. | 207950 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10439090 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;49308355 |
| **Electric Utilities — 2.0%** | **Electric Utilities — 2.0%** | **Electric Utilities — 2.0%** |
| &nbsp;&nbsp;&nbsp;NextEra Energy, Inc. | 430992 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40030537 |
| &nbsp;&nbsp;&nbsp;NRG Energy, Inc. | &nbsp;&nbsp;&nbsp;76315 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11152674 |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Shares** | &nbsp;&nbsp;**Value** |
| **Common Stocks (continued)** | **Common Stocks (continued)** | **Common Stocks (continued)** |
| **Electric Utilities (cont'd.)** | **Electric Utilities (cont'd.)** | **Electric Utilities (cont'd.)** |
| &nbsp;&nbsp;&nbsp;PPL Corp. | 396608 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$15150426 |
| &nbsp;&nbsp;&nbsp;Southern Co. (The) | &nbsp;&nbsp;&nbsp;97845 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9443999 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;75777636 |
| **Electrical Equipment — 0.5%** | **Electrical Equipment — 0.5%** | **Electrical Equipment — 0.5%** |
| &nbsp;&nbsp;&nbsp;AMETEK, Inc. | &nbsp;&nbsp;&nbsp;15653 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3355377 |
| &nbsp;&nbsp;&nbsp;Eaton Corp. PLC | &nbsp;&nbsp;&nbsp;&nbsp;8904 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3184694 |
| &nbsp;&nbsp;&nbsp;Emerson Electric Co. | &nbsp;&nbsp;&nbsp;85554 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11209285 |
| &nbsp;&nbsp;&nbsp;Hubbell, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;310 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;152129 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17901485 |
| **Electronic Equipment, Instruments & Components — 0.7%** | **Electronic Equipment, Instruments & Components — 0.7%** | **Electronic Equipment, Instruments & Components — 0.7%** |
| &nbsp;&nbsp;&nbsp;CDW Corp. | &nbsp;&nbsp;&nbsp;24500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2964990 |
| &nbsp;&nbsp;&nbsp;Coherent Corp.\* | &nbsp;&nbsp;&nbsp;&nbsp;5200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1238692 |
| &nbsp;&nbsp;&nbsp;Corning, Inc. | &nbsp;&nbsp;&nbsp;52223 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7100761 |
| &nbsp;&nbsp;&nbsp;Flex Ltd.\* | &nbsp;&nbsp;&nbsp;33675 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2204365 |
| &nbsp;&nbsp;&nbsp;Keysight Technologies, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;999 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;282088 |
| &nbsp;&nbsp;&nbsp;Ralliant Corp. | &nbsp;&nbsp;&nbsp;&nbsp;4047 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;168315 |
| &nbsp;&nbsp;&nbsp;TD SYNNEX Corp. | &nbsp;&nbsp;&nbsp;25166 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4245756 |
| &nbsp;&nbsp;&nbsp;TE Connectivity PLC (Switzerland) | &nbsp;&nbsp;&nbsp;33989 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7104381 |
| &nbsp;&nbsp;&nbsp;Teledyne Technologies, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;1601 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;968621 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26277969 |
| **Energy Equipment & Services — 0.6%** | **Energy Equipment & Services — 0.6%** | **Energy Equipment & Services — 0.6%** |
| &nbsp;&nbsp;&nbsp;Baker Hughes Co. | 129924 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7931860 |
| &nbsp;&nbsp;&nbsp;Halliburton Co. | &nbsp;&nbsp;&nbsp;49200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1918308 |
| &nbsp;&nbsp;&nbsp;NOV, Inc. | 166684 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3135326 |
| &nbsp;&nbsp;&nbsp;SLB Ltd.(a) | 174412 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8963033 |
| &nbsp;&nbsp;&nbsp;TechnipFMC PLC (United Kingdom) | &nbsp;&nbsp;&nbsp;&nbsp;3618 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;250112 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22198639 |
| **Entertainment — 0.4%** | **Entertainment — 0.4%** | **Entertainment — 0.4%** |
| &nbsp;&nbsp;&nbsp;Electronic Arts, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;3991 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;813645 |
| &nbsp;&nbsp;&nbsp;Liberty Media Corp.-Liberty Formula One (Class A Stock)\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;62464 |
| &nbsp;&nbsp;&nbsp;Liberty Media Corp.-Liberty Formula One (Class C Stock)\* | &nbsp;&nbsp;&nbsp;&nbsp;7433 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;631954 |
| &nbsp;&nbsp;&nbsp;Walt Disney Co. (The) | &nbsp;&nbsp;&nbsp;94442 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9102320 |
| &nbsp;&nbsp;&nbsp;Warner Bros Discovery, Inc.\* | 154687 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4247705 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14858088 |
| **Financial Services — 3.0%** | **Financial Services — 3.0%** | **Financial Services — 3.0%** |
| &nbsp;&nbsp;&nbsp;Apollo Global Management, Inc.(a) | 106841 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11904224 |
| &nbsp;&nbsp;&nbsp;Berkshire Hathaway, Inc. (Class B Stock)\* | 111122 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;53249662 |
| &nbsp;&nbsp;&nbsp;Block, Inc.\* | &nbsp;&nbsp;&nbsp;18000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1083240 |
| &nbsp;&nbsp;&nbsp;Corebridge Financial, Inc.(a) | 167994 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4008337 |
| &nbsp;&nbsp;&nbsp;Corpay, Inc.\*(a) | &nbsp;&nbsp;&nbsp;&nbsp;7238 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2106186 |
| &nbsp;&nbsp;&nbsp;Euronet Worldwide, Inc.\*(a) | &nbsp;&nbsp;&nbsp;29689 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1970459 |
| &nbsp;&nbsp;&nbsp;Fidelity National Information Services, Inc. | 301283 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14133186 |
| &nbsp;&nbsp;&nbsp;Fiserv, Inc.\* | &nbsp;&nbsp;&nbsp;63800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3560040 |
| &nbsp;&nbsp;&nbsp;Global Payments, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;8900 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;598970 |
| &nbsp;&nbsp;&nbsp;PayPal Holdings, Inc.(a) | &nbsp;&nbsp;&nbsp;36753 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1662338 |
| &nbsp;&nbsp;&nbsp;Toast, Inc. (Class A Stock)\* | 214242 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5679555 |
| &nbsp;&nbsp;&nbsp;Visa, Inc. (Class A Stock) | &nbsp;&nbsp;&nbsp;33642 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10167958 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;110124155 |

---

A2

------

AST LARGE-CAP VALUE PORTFOLIO (continued)

---

| | |
|:---|:---|
| **SCHEDULE OF INVESTMENTS** | **as of March 31, 2026 (unaudited)** |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Shares** | &nbsp;&nbsp;**Value** |
| **Common Stocks (continued)** | **Common Stocks (continued)** | **Common Stocks (continued)** |
| **Food Products — 0.8%** | **Food Products — 0.8%** | **Food Products — 0.8%** |
| &nbsp;&nbsp;&nbsp;Archer-Daniels-Midland Co.(a) | &nbsp;&nbsp;&nbsp;&nbsp;9100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$661479 |
| &nbsp;&nbsp;&nbsp;Campbell's Co. (The)(a) | &nbsp;&nbsp;&nbsp;23970 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;533812 |
| &nbsp;&nbsp;&nbsp;General Mills, Inc. | &nbsp;&nbsp;&nbsp;56686 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2109853 |
| &nbsp;&nbsp;&nbsp;Hormel Foods Corp. | &nbsp;&nbsp;&nbsp;23138 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;524076 |
| &nbsp;&nbsp;&nbsp;J.M. Smucker Co. (The) | &nbsp;&nbsp;&nbsp;31600 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3047504 |
| &nbsp;&nbsp;&nbsp;Kraft Heinz Co. (The) | 198374 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4461431 |
| &nbsp;&nbsp;&nbsp;McCormick & Co., Inc. (Non-Voting Shares) | &nbsp;&nbsp;&nbsp;17171 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;866105 |
| &nbsp;&nbsp;&nbsp;McCormick & Co., Inc. (Voting Shares) | &nbsp;&nbsp;&nbsp;&nbsp;1200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60456 |
| &nbsp;&nbsp;&nbsp;Mondelez International, Inc. (Class A Stock) | 279134 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16089284 |
| &nbsp;&nbsp;&nbsp;Tyson Foods, Inc. (Class A Stock) | &nbsp;&nbsp;&nbsp;10400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;666328 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29020328 |
| **Ground Transportation — 1.3%** | **Ground Transportation — 1.3%** | **Ground Transportation — 1.3%** |
| &nbsp;&nbsp;&nbsp;CSX Corp. | &nbsp;&nbsp;&nbsp;68546 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2813813 |
| &nbsp;&nbsp;&nbsp;J.B. Hunt Transport Services, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;5600 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1186640 |
| &nbsp;&nbsp;&nbsp;Norfolk Southern Corp. | &nbsp;&nbsp;&nbsp;36644 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10516828 |
| &nbsp;&nbsp;&nbsp;Ryder System, Inc. | &nbsp;&nbsp;&nbsp;46514 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9521881 |
| &nbsp;&nbsp;&nbsp;Saia, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;7105 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2495844 |
| &nbsp;&nbsp;&nbsp;Uber Technologies, Inc.\* | &nbsp;&nbsp;&nbsp;39726 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2857491 |
| &nbsp;&nbsp;&nbsp;XPO, Inc.\*(a) | 107148 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20845644 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50238141 |
| **Health Care Equipment & Supplies — 2.4%** | **Health Care Equipment & Supplies — 2.4%** | **Health Care Equipment & Supplies — 2.4%** |
| &nbsp;&nbsp;&nbsp;Abbott Laboratories | &nbsp;&nbsp;&nbsp;37669 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3867476 |
| &nbsp;&nbsp;&nbsp;Align Technology, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;2600 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;445718 |
| &nbsp;&nbsp;&nbsp;Baxter International, Inc.(a) | &nbsp;&nbsp;&nbsp;17415 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;292572 |
| &nbsp;&nbsp;&nbsp;Becton, Dickinson & Co. | 172064 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27053623 |
| &nbsp;&nbsp;&nbsp;Boston Scientific Corp.\* | 218815 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13730641 |
| &nbsp;&nbsp;&nbsp;Cooper Cos., Inc. (The)\* | &nbsp;&nbsp;&nbsp;&nbsp;6720 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;480480 |
| &nbsp;&nbsp;&nbsp;Edwards Lifesciences Corp.\* | &nbsp;&nbsp;&nbsp;20115 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1610809 |
| &nbsp;&nbsp;&nbsp;GE HealthCare Technologies, Inc.(a) | 302453 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21528605 |
| &nbsp;&nbsp;&nbsp;Medtronic PLC | 144848 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12551079 |
| &nbsp;&nbsp;&nbsp;ResMed, Inc.(a) | &nbsp;&nbsp;&nbsp;&nbsp;4030 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;904654 |
| &nbsp;&nbsp;&nbsp;STERIS PLC | &nbsp;&nbsp;&nbsp;&nbsp;6682 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1477591 |
| &nbsp;&nbsp;&nbsp;Stryker Corp. | &nbsp;&nbsp;&nbsp;&nbsp;4004 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1315674 |
| &nbsp;&nbsp;&nbsp;Zimmer Biomet Holdings, Inc.(a) | &nbsp;&nbsp;&nbsp;30271 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2737104 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;87996026 |
| **Health Care Providers & Services — 4.1%** | **Health Care Providers & Services — 4.1%** | **Health Care Providers & Services — 4.1%** |
| &nbsp;&nbsp;&nbsp;Centene Corp.\* | &nbsp;&nbsp;&nbsp;&nbsp;9200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;301208 |
| &nbsp;&nbsp;&nbsp;Cigna Group (The)(a) | &nbsp;&nbsp;&nbsp;26533 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7077678 |
| &nbsp;&nbsp;&nbsp;CVS Health Corp. | 270412 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19420990 |
| &nbsp;&nbsp;&nbsp;Elevance Health, Inc. | &nbsp;&nbsp;&nbsp;40880 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11967620 |
| &nbsp;&nbsp;&nbsp;Humana, Inc. | &nbsp;&nbsp;&nbsp;30608 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5307121 |
| &nbsp;&nbsp;&nbsp;Labcorp Holdings, Inc.(a) | &nbsp;&nbsp;&nbsp;31111 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8300726 |
| &nbsp;&nbsp;&nbsp;McKesson Corp. | &nbsp;&nbsp;&nbsp;51782 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44810071 |
| &nbsp;&nbsp;&nbsp;Molina Healthcare, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;3000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;399900 |
| &nbsp;&nbsp;&nbsp;Quest Diagnostics, Inc. | &nbsp;&nbsp;&nbsp;30517 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5980722 |
| &nbsp;&nbsp;&nbsp;Tenet Healthcare Corp.\* | &nbsp;&nbsp;&nbsp;&nbsp;4839 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;913168 |
| &nbsp;&nbsp;&nbsp;UnitedHealth Group, Inc. | 175419 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47466627 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;151945831 |
| **Health Care REITs — 0.2%** | **Health Care REITs — 0.2%** | **Health Care REITs — 0.2%** |
| &nbsp;&nbsp;&nbsp;Alexandria Real Estate Equities, Inc.(a) | &nbsp;&nbsp;&nbsp;28300 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1313686 |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Shares** | &nbsp;&nbsp;**Value** |
| **Common Stocks (continued)** | **Common Stocks (continued)** | **Common Stocks (continued)** |
| **Health Care REITs (cont'd.)** | **Health Care REITs (cont'd.)** | **Health Care REITs (cont'd.)** |
| &nbsp;&nbsp;&nbsp;Healthpeak Properties, Inc.(a) | 260780 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$4284615 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5598301 |
| **Hotels, Restaurants & Leisure — 0.8%** | **Hotels, Restaurants & Leisure — 0.8%** | **Hotels, Restaurants & Leisure — 0.8%** |
| &nbsp;&nbsp;&nbsp;Booking Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;1850 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7789092 |
| &nbsp;&nbsp;&nbsp;Carnival Corp. | &nbsp;&nbsp;&nbsp;94123 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2435903 |
| &nbsp;&nbsp;&nbsp;Flutter Entertainment PLC\* | &nbsp;&nbsp;&nbsp;&nbsp;3146 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;320735 |
| &nbsp;&nbsp;&nbsp;Hilton Worldwide Holdings, Inc. | &nbsp;&nbsp;&nbsp;55014 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16728657 |
| &nbsp;&nbsp;&nbsp;Hyatt Hotels Corp. (Class A Stock) | &nbsp;&nbsp;&nbsp;&nbsp;1122 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;161332 |
| &nbsp;&nbsp;&nbsp;Yum! Brands, Inc.(a) | &nbsp;&nbsp;&nbsp;18704 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2908098 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30343817 |
| **Household Durables — 0.9%** | **Household Durables — 0.9%** | **Household Durables — 0.9%** |
| &nbsp;&nbsp;&nbsp;D.R. Horton, Inc.(a) | &nbsp;&nbsp;&nbsp;20647 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2833181 |
| &nbsp;&nbsp;&nbsp;Garmin Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;7775 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1803878 |
| &nbsp;&nbsp;&nbsp;Lennar Corp. (Class A Stock) | &nbsp;&nbsp;&nbsp;&nbsp;8396 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;729109 |
| &nbsp;&nbsp;&nbsp;Lennar Corp. (Class B Stock) | &nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;84120 |
| &nbsp;&nbsp;&nbsp;NVR, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;77 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;507417 |
| &nbsp;&nbsp;&nbsp;PulteGroup, Inc.(a) | 218989 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25755296 |
| &nbsp;&nbsp;&nbsp;Toll Brothers, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;7612 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1038809 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32751810 |
| **Household Products — 1.0%** | **Household Products — 1.0%** | **Household Products — 1.0%** |
| &nbsp;&nbsp;&nbsp;Procter & Gamble Co. (The)(a) | 267518 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38640300 |
| **Industrial Conglomerates — 1.0%** | **Industrial Conglomerates — 1.0%** | **Industrial Conglomerates — 1.0%** |
| &nbsp;&nbsp;&nbsp;Honeywell International, Inc. | 171467 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38756686 |
| **Industrial REITs — 0.4%** | **Industrial REITs — 0.4%** | **Industrial REITs — 0.4%** |
| &nbsp;&nbsp;&nbsp;Prologis, Inc. | 102888 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13599736 |
| **Insurance — 3.4%** | **Insurance — 3.4%** | **Insurance — 3.4%** |
| &nbsp;&nbsp;&nbsp;Aflac, Inc. | &nbsp;&nbsp;&nbsp;20000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2194200 |
| &nbsp;&nbsp;&nbsp;Allstate Corp. (The) | 103994 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21562116 |
| &nbsp;&nbsp;&nbsp;American International Group, Inc. | 319470 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24040117 |
| &nbsp;&nbsp;&nbsp;Arch Capital Group Ltd.\* | &nbsp;&nbsp;&nbsp;24999 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2399654 |
| &nbsp;&nbsp;&nbsp;Arthur J. Gallagher & Co.(a) | &nbsp;&nbsp;&nbsp;28029 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6070521 |
| &nbsp;&nbsp;&nbsp;Chubb Ltd. | &nbsp;&nbsp;&nbsp;12679 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4132466 |
| &nbsp;&nbsp;&nbsp;Cincinnati Financial Corp.(a) | &nbsp;&nbsp;&nbsp;&nbsp;5205 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;819007 |
| &nbsp;&nbsp;&nbsp;Everest Group Ltd. | &nbsp;&nbsp;&nbsp;&nbsp;1400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;457590 |
| &nbsp;&nbsp;&nbsp;Fidelity National Financial, Inc. | &nbsp;&nbsp;&nbsp;18297 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;848615 |
| &nbsp;&nbsp;&nbsp;Hartford Insurance Group, Inc. (The) | &nbsp;&nbsp;&nbsp;45460 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6147556 |
| &nbsp;&nbsp;&nbsp;Loews Corp. | &nbsp;&nbsp;&nbsp;&nbsp;7421 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;792117 |
| &nbsp;&nbsp;&nbsp;Markel Group, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;890 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1703522 |
| &nbsp;&nbsp;&nbsp;Marsh & McLennan Cos., Inc. | 115609 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20052381 |
| &nbsp;&nbsp;&nbsp;MetLife, Inc. | &nbsp;&nbsp;&nbsp;53993 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3818385 |
| &nbsp;&nbsp;&nbsp;Principal Financial Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;7900 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;711869 |
| &nbsp;&nbsp;&nbsp;Progressive Corp. (The) | &nbsp;&nbsp;&nbsp;28712 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5691867 |
| &nbsp;&nbsp;&nbsp;Reinsurance Group of America, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;1463 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;298686 |
| &nbsp;&nbsp;&nbsp;RenaissanceRe Holdings Ltd. (Bermuda) | &nbsp;&nbsp;&nbsp;&nbsp;3790 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1126502 |
| &nbsp;&nbsp;&nbsp;Travelers Cos., Inc. (The) | &nbsp;&nbsp;&nbsp;74466 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21720243 |
| &nbsp;&nbsp;&nbsp;Unum Group | &nbsp;&nbsp;&nbsp;11897 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;868838 |
| &nbsp;&nbsp;&nbsp;W.R. Berkley Corp.(a) | &nbsp;&nbsp;&nbsp;20386 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1351184 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;126807436 |
| **Interactive Media & Services — 3.0%** | **Interactive Media & Services — 3.0%** | **Interactive Media & Services — 3.0%** |
| &nbsp;&nbsp;&nbsp;Alphabet, Inc. (Class A Stock) | 246765 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;70959744 |
| &nbsp;&nbsp;&nbsp;Alphabet, Inc. (Class C Stock) | &nbsp;&nbsp;&nbsp;53172 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15252920 |

---

A3

------

AST LARGE-CAP VALUE PORTFOLIO (continued)

---

| | |
|:---|:---|
| **SCHEDULE OF INVESTMENTS** | **as of March 31, 2026 (unaudited)** |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Shares** | &nbsp;&nbsp;**Value** |
| **Common Stocks (continued)** | **Common Stocks (continued)** | **Common Stocks (continued)** |
| **Interactive Media & Services (cont'd.)** | **Interactive Media & Services (cont'd.)** | **Interactive Media & Services (cont'd.)** |
| &nbsp;&nbsp;&nbsp;Meta Platforms, Inc. (Class A Stock) | &nbsp;&nbsp;&nbsp;46180 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$26420963 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;112633627 |
| **IT Services — 0.9%** | **IT Services — 0.9%** | **IT Services — 0.9%** |
| &nbsp;&nbsp;&nbsp;Accenture PLC (Class A Stock) | 122987 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24387092 |
| &nbsp;&nbsp;&nbsp;Akamai Technologies, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;8100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;930285 |
| &nbsp;&nbsp;&nbsp;Amdocs Ltd.(a) | &nbsp;&nbsp;&nbsp;44436 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2899893 |
| &nbsp;&nbsp;&nbsp;Cognizant Technology Solutions Corp. (Class A Stock) | &nbsp;&nbsp;&nbsp;49732 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3051058 |
| &nbsp;&nbsp;&nbsp;EPAM Systems, Inc.\*(a) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;784 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;106154 |
| &nbsp;&nbsp;&nbsp;Okta, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;5500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;432905 |
| &nbsp;&nbsp;&nbsp;Twilio, Inc. (Class A Stock)\* | &nbsp;&nbsp;&nbsp;&nbsp;5300 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;666846 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32474233 |
| **Life Sciences Tools & Services — 1.6%** | **Life Sciences Tools & Services — 1.6%** | **Life Sciences Tools & Services — 1.6%** |
| &nbsp;&nbsp;&nbsp;Agilent Technologies, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;2736 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;311849 |
| &nbsp;&nbsp;&nbsp;Avantor, Inc.\* | &nbsp;&nbsp;&nbsp;24600 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;192864 |
| &nbsp;&nbsp;&nbsp;Danaher Corp. | &nbsp;&nbsp;&nbsp;11241 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2131294 |
| &nbsp;&nbsp;&nbsp;ICON PLC\*(a) | &nbsp;&nbsp;&nbsp;&nbsp;1400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;154924 |
| &nbsp;&nbsp;&nbsp;IQVIA Holdings, Inc.\*(a) | &nbsp;&nbsp;&nbsp;23932 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4081363 |
| &nbsp;&nbsp;&nbsp;Revvity, Inc.(a) | &nbsp;&nbsp;&nbsp;&nbsp;4085 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;357887 |
| &nbsp;&nbsp;&nbsp;Thermo Fisher Scientific, Inc. | &nbsp;&nbsp;&nbsp;94554 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46476128 |
| &nbsp;&nbsp;&nbsp;Waters Corp.\*(a) | &nbsp;&nbsp;&nbsp;23420 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6974476 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60680785 |
| **Machinery — 3.4%** | **Machinery — 3.4%** | **Machinery — 3.4%** |
| &nbsp;&nbsp;&nbsp;CNH Industrial NV(a) | 606963 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6676593 |
| &nbsp;&nbsp;&nbsp;Cummins, Inc. | &nbsp;&nbsp;&nbsp;14173 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7625357 |
| &nbsp;&nbsp;&nbsp;Deere & Co. | &nbsp;&nbsp;&nbsp;32125 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18096012 |
| &nbsp;&nbsp;&nbsp;Dover Corp.(a) | &nbsp;&nbsp;&nbsp;27996 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5835766 |
| &nbsp;&nbsp;&nbsp;Flowserve Corp. | &nbsp;&nbsp;&nbsp;85385 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6276651 |
| &nbsp;&nbsp;&nbsp;Fortive Corp.(a) | &nbsp;&nbsp;&nbsp;12142 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;671210 |
| &nbsp;&nbsp;&nbsp;Gates Industrial Corp. PLC\*(a) | 379316 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8576335 |
| &nbsp;&nbsp;&nbsp;IDEX Corp. | &nbsp;&nbsp;&nbsp;&nbsp;5170 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;979974 |
| &nbsp;&nbsp;&nbsp;Illinois Tool Works, Inc. | &nbsp;&nbsp;&nbsp;26938 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7011692 |
| &nbsp;&nbsp;&nbsp;Ingersoll Rand, Inc.(a) | 169596 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13588032 |
| &nbsp;&nbsp;&nbsp;Nordson Corp. | &nbsp;&nbsp;&nbsp;&nbsp;2703 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;719160 |
| &nbsp;&nbsp;&nbsp;Otis Worldwide Corp. | 179533 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13838404 |
| &nbsp;&nbsp;&nbsp;PACCAR, Inc. | &nbsp;&nbsp;&nbsp;61263 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7075876 |
| &nbsp;&nbsp;&nbsp;Parker-Hannifin Corp. | &nbsp;&nbsp;&nbsp;20739 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18566382 |
| &nbsp;&nbsp;&nbsp;Pentair PLC | &nbsp;&nbsp;&nbsp;12000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1045320 |
| &nbsp;&nbsp;&nbsp;Snap-on, Inc.(a) | &nbsp;&nbsp;&nbsp;&nbsp;5282 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1918528 |
| &nbsp;&nbsp;&nbsp;Stanley Black & Decker, Inc.(a) | &nbsp;&nbsp;&nbsp;51281 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3644028 |
| &nbsp;&nbsp;&nbsp;Westinghouse Air Brake Technologies Corp. | &nbsp;&nbsp;&nbsp;11649 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2911202 |
| &nbsp;&nbsp;&nbsp;Xylem, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;9201 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1099520 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;126156042 |
| **Media — 0.8%** | **Media — 0.8%** | **Media — 0.8%** |
| &nbsp;&nbsp;&nbsp;Charter Communications, Inc. (Class A Stock)\*(a) | &nbsp;&nbsp;&nbsp;57451 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12402522 |
| &nbsp;&nbsp;&nbsp;Fox Corp. (Class A Stock)(a) | 136502 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7971717 |
| &nbsp;&nbsp;&nbsp;Fox Corp. (Class B Stock) | &nbsp;&nbsp;&nbsp;17427 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;925374 |
| &nbsp;&nbsp;&nbsp;News Corp. (Class A Stock) | &nbsp;&nbsp;&nbsp;18644 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;464795 |
| &nbsp;&nbsp;&nbsp;News Corp. (Class B Stock) | &nbsp;&nbsp;&nbsp;&nbsp;8805 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;251030 |
| &nbsp;&nbsp;&nbsp;Omnicom Group, Inc.(a) | &nbsp;&nbsp;&nbsp;78144 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5885024 |
| &nbsp;&nbsp;&nbsp;Versant Media Group, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;7594 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;281130 |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Shares** | &nbsp;&nbsp;**Value** |
| **Common Stocks (continued)** | **Common Stocks (continued)** | **Common Stocks (continued)** |
| **Media (cont'd.)** | **Media (cont'd.)** | **Media (cont'd.)** |
| &nbsp;&nbsp;&nbsp;WPP PLC (United Kingdom), ADR(a) | 188680 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$2933974 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31115566 |
| **Metals & Mining — 1.1%** | **Metals & Mining — 1.1%** | **Metals & Mining — 1.1%** |
| &nbsp;&nbsp;&nbsp;Freeport-McMoRan, Inc. | 436720 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25670402 |
| &nbsp;&nbsp;&nbsp;Newmont Corp. | &nbsp;&nbsp;&nbsp;61353 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6641462 |
| &nbsp;&nbsp;&nbsp;Nucor Corp. | &nbsp;&nbsp;&nbsp;13400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2265940 |
| &nbsp;&nbsp;&nbsp;Reliance, Inc.(a) | &nbsp;&nbsp;&nbsp;&nbsp;3985 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1211121 |
| &nbsp;&nbsp;&nbsp;Steel Dynamics, Inc. | &nbsp;&nbsp;&nbsp;10110 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1819800 |
| &nbsp;&nbsp;&nbsp;Wheaton Precious Metals Corp. (Brazil) | &nbsp;&nbsp;&nbsp;12156 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1592558 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39201283 |
| **Multi-Utilities — 1.3%** | **Multi-Utilities — 1.3%** | **Multi-Utilities — 1.3%** |
| &nbsp;&nbsp;&nbsp;Dominion Energy, Inc.(a) | 242521 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14992648 |
| &nbsp;&nbsp;&nbsp;Sempra | 141655 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13764617 |
| &nbsp;&nbsp;&nbsp;WEC Energy Group, Inc.(a) | 155073 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17952801 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46710066 |
| **Office REITs — 0.2%** | **Office REITs — 0.2%** | **Office REITs — 0.2%** |
| &nbsp;&nbsp;&nbsp;Vornado Realty Trust(a) | 236303 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6141515 |
| **Oil, Gas & Consumable Fuels — 8.3%** | **Oil, Gas & Consumable Fuels — 8.3%** | **Oil, Gas & Consumable Fuels — 8.3%** |
| &nbsp;&nbsp;&nbsp;APA Corp.(a) | 339502 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14408465 |
| &nbsp;&nbsp;&nbsp;Cheniere Energy, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;748 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;212252 |
| &nbsp;&nbsp;&nbsp;Chevron Corp. | 175052 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36218259 |
| &nbsp;&nbsp;&nbsp;ConocoPhillips | 327350 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43210200 |
| &nbsp;&nbsp;&nbsp;Coterra Energy, Inc. | &nbsp;&nbsp;&nbsp;40700 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1430198 |
| &nbsp;&nbsp;&nbsp;Devon Energy Corp. | &nbsp;&nbsp;&nbsp;25855 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1301024 |
| &nbsp;&nbsp;&nbsp;Diamondback Energy, Inc. | &nbsp;&nbsp;&nbsp;44970 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8894616 |
| &nbsp;&nbsp;&nbsp;Enterprise Products Partners LP, MLP | 416726 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15768912 |
| &nbsp;&nbsp;&nbsp;EOG Resources, Inc. | &nbsp;&nbsp;&nbsp;82823 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11973721 |
| &nbsp;&nbsp;&nbsp;EQT Corp. | 139023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8847424 |
| &nbsp;&nbsp;&nbsp;Expand Energy Corp. | &nbsp;&nbsp;&nbsp;&nbsp;1751 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;192225 |
| &nbsp;&nbsp;&nbsp;Exxon Mobil Corp. | 523749 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;88859255 |
| &nbsp;&nbsp;&nbsp;Kinder Morgan, Inc. | &nbsp;&nbsp;&nbsp;95768 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3211101 |
| &nbsp;&nbsp;&nbsp;Marathon Petroleum Corp. | &nbsp;&nbsp;&nbsp;18300 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4468494 |
| &nbsp;&nbsp;&nbsp;Occidental Petroleum Corp. | &nbsp;&nbsp;&nbsp;65496 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4257240 |
| &nbsp;&nbsp;&nbsp;ONEOK, Inc.(a) | &nbsp;&nbsp;&nbsp;32200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2910558 |
| &nbsp;&nbsp;&nbsp;Ovintiv, Inc. | &nbsp;&nbsp;&nbsp;85111 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5052189 |
| &nbsp;&nbsp;&nbsp;Phillips 66 | &nbsp;&nbsp;&nbsp;16010 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2916702 |
| &nbsp;&nbsp;&nbsp;Shell PLC | 401108 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18756259 |
| &nbsp;&nbsp;&nbsp;Shell PLC, ADR(a) | &nbsp;&nbsp;&nbsp;60673 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5642589 |
| &nbsp;&nbsp;&nbsp;Valero Energy Corp. | 114832 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28372690 |
| &nbsp;&nbsp;&nbsp;Williams Cos., Inc. (The) | &nbsp;&nbsp;&nbsp;&nbsp;6360 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;462881 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;307367254 |
| **Passenger Airlines — 0.8%** | **Passenger Airlines — 0.8%** | **Passenger Airlines — 0.8%** |
| &nbsp;&nbsp;&nbsp;Delta Air Lines, Inc. | &nbsp;&nbsp;&nbsp;69200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4600416 |
| &nbsp;&nbsp;&nbsp;Southwest Airlines Co.(a) | 603975 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22691341 |
| &nbsp;&nbsp;&nbsp;United Airlines Holdings, Inc.\* | &nbsp;&nbsp;&nbsp;35100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3231657 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30523414 |
| **Personal Care Products — 0.1%** | **Personal Care Products — 0.1%** | **Personal Care Products — 0.1%** |
| &nbsp;&nbsp;&nbsp;Kenvue, Inc. | 197795 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3409986 |

---

A4

------

AST LARGE-CAP VALUE PORTFOLIO (continued)

---

| | |
|:---|:---|
| **SCHEDULE OF INVESTMENTS** | **as of March 31, 2026 (unaudited)** |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Shares** | &nbsp;&nbsp;**Value** |
| **Common Stocks (continued)** | **Common Stocks (continued)** | **Common Stocks (continued)** |
| **Personal Care Products (cont'd.)** | **Personal Care Products (cont'd.)** | **Personal Care Products (cont'd.)** |
| &nbsp;&nbsp;&nbsp;Unilever PLC (United Kingdom), ADR(a) | &nbsp;&nbsp;&nbsp;&nbsp;34906 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$1988595 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5398581 |
| **Pharmaceuticals — 4.3%** | **Pharmaceuticals — 4.3%** | **Pharmaceuticals — 4.3%** |
| &nbsp;&nbsp;&nbsp;AstraZeneca PLC (United Kingdom) | &nbsp;&nbsp;&nbsp;143598 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28320398 |
| &nbsp;&nbsp;&nbsp;Bristol-Myers Squibb Co. | &nbsp;&nbsp;&nbsp;167046 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10131340 |
| &nbsp;&nbsp;&nbsp;GSK PLC, ADR(a) | &nbsp;&nbsp;&nbsp;&nbsp;58721 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3240812 |
| &nbsp;&nbsp;&nbsp;Haleon PLC, ADR(a) | 1050275 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10513253 |
| &nbsp;&nbsp;&nbsp;Johnson & Johnson | &nbsp;&nbsp;&nbsp;219178 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;53575870 |
| &nbsp;&nbsp;&nbsp;Merck & Co., Inc. | &nbsp;&nbsp;&nbsp;103941 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12503063 |
| &nbsp;&nbsp;&nbsp;Novo Nordisk A/S (Denmark), ADR | &nbsp;&nbsp;&nbsp;221808 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8151444 |
| &nbsp;&nbsp;&nbsp;Pfizer, Inc. | &nbsp;&nbsp;&nbsp;214555 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6024704 |
| &nbsp;&nbsp;&nbsp;Roche Holding AG, ADR | &nbsp;&nbsp;&nbsp;185555 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9223939 |
| &nbsp;&nbsp;&nbsp;Royalty Pharma PLC (Class A Stock) | &nbsp;&nbsp;&nbsp;&nbsp;14882 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;713889 |
| &nbsp;&nbsp;&nbsp;Sanofi SA | &nbsp;&nbsp;&nbsp;163502 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15789360 |
| &nbsp;&nbsp;&nbsp;Viatris, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;31225 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;421850 |
| &nbsp;&nbsp;&nbsp;Zoetis, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;24277 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2869784 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;161479706 |
| **Professional Services — 0.3%** | **Professional Services — 0.3%** | **Professional Services — 0.3%** |
| &nbsp;&nbsp;&nbsp;Amentum Holdings, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;273 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7120 |
| &nbsp;&nbsp;&nbsp;Booz Allen Hamilton Holding Corp. | &nbsp;&nbsp;&nbsp;&nbsp;44332 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3459226 |
| &nbsp;&nbsp;&nbsp;Equifax, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4062 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;731444 |
| &nbsp;&nbsp;&nbsp;Jacobs Solutions, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;572760 |
| &nbsp;&nbsp;&nbsp;Leidos Holdings, Inc.(a) | &nbsp;&nbsp;&nbsp;&nbsp;14073 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2188633 |
| &nbsp;&nbsp;&nbsp;SS&C Technologies Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;19700 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1331129 |
| &nbsp;&nbsp;&nbsp;TransUnion(a) | &nbsp;&nbsp;&nbsp;&nbsp;16061 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1111261 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9401573 |
| **Real Estate Management & Development — 0.1%** | **Real Estate Management & Development — 0.1%** | **Real Estate Management & Development — 0.1%** |
| &nbsp;&nbsp;&nbsp;CBRE Group, Inc. (Class A Stock)\* | &nbsp;&nbsp;&nbsp;&nbsp;18045 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2444376 |
| &nbsp;&nbsp;&nbsp;CoStar Group, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;298516 |
| &nbsp;&nbsp;&nbsp;Zillow Group, Inc. (Class A Stock)\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;82780 |
| &nbsp;&nbsp;&nbsp;Zillow Group, Inc. (Class C Stock)\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;256556 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3082228 |
| **Residential REITs — 0.3%** | **Residential REITs — 0.3%** | **Residential REITs — 0.3%** |
| &nbsp;&nbsp;&nbsp;AvalonBay Communities, Inc.(a) | &nbsp;&nbsp;&nbsp;&nbsp;36294 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5928625 |
| &nbsp;&nbsp;&nbsp;Mid-America Apartment Communities, Inc.(a) | &nbsp;&nbsp;&nbsp;&nbsp;39392 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4810551 |
| &nbsp;&nbsp;&nbsp;UDR, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;42628 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1439974 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12179150 |
| **Semiconductors & Semiconductor Equipment — 3.4%** | **Semiconductors & Semiconductor Equipment — 3.4%** | **Semiconductors & Semiconductor Equipment — 3.4%** |
| &nbsp;&nbsp;&nbsp;Advanced Micro Devices, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;24697 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5024111 |
| &nbsp;&nbsp;&nbsp;Analog Devices, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8839 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2812039 |
| &nbsp;&nbsp;&nbsp;Broadcom, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;45454 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14068468 |
| &nbsp;&nbsp;&nbsp;Entegris, Inc.(a) | &nbsp;&nbsp;&nbsp;&nbsp;10181 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1193620 |
| &nbsp;&nbsp;&nbsp;First Solar, Inc.\*(a) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7428 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1465247 |
| &nbsp;&nbsp;&nbsp;GLOBALFOUNDRIES, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;271328 |
| &nbsp;&nbsp;&nbsp;Intel Corp.\* | &nbsp;&nbsp;&nbsp;323377 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14270627 |
| &nbsp;&nbsp;&nbsp;Marvell Technology, Inc. | &nbsp;&nbsp;&nbsp;154020 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15255681 |
| &nbsp;&nbsp;&nbsp;Microchip Technology, Inc. | &nbsp;&nbsp;&nbsp;226508 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14634682 |
| &nbsp;&nbsp;&nbsp;Micron Technology, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;47288 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15975778 |
| &nbsp;&nbsp;&nbsp;NXP Semiconductors NV (Netherlands)(a) | &nbsp;&nbsp;&nbsp;&nbsp;66212 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13034494 |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Shares** | &nbsp;&nbsp;**Value** |
| **Common Stocks (continued)** | **Common Stocks (continued)** | **Common Stocks (continued)** |
| **Semiconductors & Semiconductor Equipment (cont'd.)** | **Semiconductors & Semiconductor Equipment (cont'd.)** | **Semiconductors & Semiconductor Equipment (cont'd.)** |
| &nbsp;&nbsp;&nbsp;ON Semiconductor Corp.\* | &nbsp;&nbsp;&nbsp;15222 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$942546 |
| &nbsp;&nbsp;&nbsp;Qnity Electronics, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;7104 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;819660 |
| &nbsp;&nbsp;&nbsp;QUALCOMM, Inc. | &nbsp;&nbsp;&nbsp;59243 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7629314 |
| &nbsp;&nbsp;&nbsp;Skyworks Solutions, Inc. | &nbsp;&nbsp;&nbsp;21726 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1163427 |
| &nbsp;&nbsp;&nbsp;Taiwan Semiconductor Manufacturing Co. Ltd. (Taiwan), ADR(a) | &nbsp;&nbsp;&nbsp;48147 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16271279 |
| &nbsp;&nbsp;&nbsp;Universal Display Corp. | &nbsp;&nbsp;&nbsp;11535 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1057298 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;125889599 |
| **Software — 2.4%** | **Software — 2.4%** | **Software — 2.4%** |
| &nbsp;&nbsp;&nbsp;HubSpot, Inc.\* | &nbsp;&nbsp;&nbsp;27336 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6672718 |
| &nbsp;&nbsp;&nbsp;Intuit, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;8376 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3621615 |
| &nbsp;&nbsp;&nbsp;Microsoft Corp. | &nbsp;&nbsp;&nbsp;96830 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35843561 |
| &nbsp;&nbsp;&nbsp;PTC, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;2072 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;295239 |
| &nbsp;&nbsp;&nbsp;Roper Technologies, Inc. | &nbsp;&nbsp;&nbsp;25242 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8932134 |
| &nbsp;&nbsp;&nbsp;Salesforce, Inc.(a) | &nbsp;&nbsp;&nbsp;63533 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11859705 |
| &nbsp;&nbsp;&nbsp;ServiceNow, Inc.\* | &nbsp;&nbsp;&nbsp;65573 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6855657 |
| &nbsp;&nbsp;&nbsp;Trimble, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;8216 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;535930 |
| &nbsp;&nbsp;&nbsp;Workday, Inc. (Class A Stock)\* | 103900 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13498688 |
| &nbsp;&nbsp;&nbsp;Zoom Communications, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;8889 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;714587 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;88829834 |
| **Specialized REITs — 0.3%** | **Specialized REITs — 0.3%** | **Specialized REITs — 0.3%** |
| &nbsp;&nbsp;&nbsp;American Tower Corp. | &nbsp;&nbsp;&nbsp;65758 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11348516 |
| **Specialty Retail — 0.7%** | **Specialty Retail — 0.7%** | **Specialty Retail — 0.7%** |
| &nbsp;&nbsp;&nbsp;Gap, Inc. (The) | 172442 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4173096 |
| &nbsp;&nbsp;&nbsp;Home Depot, Inc. (The) | &nbsp;&nbsp;&nbsp;30727 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10105803 |
| &nbsp;&nbsp;&nbsp;O'Reilly Automotive, Inc.\* | 110074 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10160931 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24439830 |
| **Technology Hardware, Storage & Peripherals — 1.1%** | **Technology Hardware, Storage & Peripherals — 1.1%** | **Technology Hardware, Storage & Peripherals — 1.1%** |
| &nbsp;&nbsp;&nbsp;Hewlett Packard Enterprise Co. | 404816 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9638669 |
| &nbsp;&nbsp;&nbsp;Sandisk Corp.\* | &nbsp;&nbsp;&nbsp;&nbsp;8466 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5378788 |
| &nbsp;&nbsp;&nbsp;Seagate Technology Holdings PLC | &nbsp;&nbsp;&nbsp;43153 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16905619 |
| &nbsp;&nbsp;&nbsp;Western Digital Corp. | &nbsp;&nbsp;&nbsp;27024 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7309722 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39232798 |
| **Textiles, Apparel & Luxury Goods — 0.1%** | **Textiles, Apparel & Luxury Goods — 0.1%** | **Textiles, Apparel & Luxury Goods — 0.1%** |
| &nbsp;&nbsp;&nbsp;Kontoor Brands, Inc.(a) | &nbsp;&nbsp;&nbsp;76454 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5373951 |
| &nbsp;&nbsp;&nbsp;Lululemon Athletica, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;447 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;68436 |
| &nbsp;&nbsp;&nbsp;NIKE, Inc. (Class B Stock) | &nbsp;&nbsp;&nbsp;&nbsp;1611 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;85093 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5527480 |
| **Tobacco — 1.1%** | **Tobacco — 1.1%** | **Tobacco — 1.1%** |
| &nbsp;&nbsp;&nbsp;Philip Morris International, Inc. | 240898 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39830075 |
| **Trading Companies & Distributors — 0.6%** | **Trading Companies & Distributors — 0.6%** | **Trading Companies & Distributors — 0.6%** |
| &nbsp;&nbsp;&nbsp;AerCap Holdings NV (Ireland) | &nbsp;&nbsp;&nbsp;53260 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7306207 |
| &nbsp;&nbsp;&nbsp;EquipmentShare.com, Inc. (Class A Stock)\* | &nbsp;&nbsp;&nbsp;70301 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1432031 |
| &nbsp;&nbsp;&nbsp;United Rentals, Inc. | &nbsp;&nbsp;&nbsp;19290 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14053923 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22792161 |
| **Water Utilities — 0.2%** | **Water Utilities — 0.2%** | **Water Utilities — 0.2%** |
| &nbsp;&nbsp;&nbsp;American Water Works Co., Inc. | &nbsp;&nbsp;&nbsp;44543 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6061857 |

---

A5

------

AST LARGE-CAP VALUE PORTFOLIO (continued)

---

| | |
|:---|:---|
| **SCHEDULE OF INVESTMENTS** | **as of March 31, 2026 (unaudited)** |

---

---

| | | |
|:---|:---|:---|
| **Shares** | **Shares** | &nbsp;&nbsp;**Value** |
| **Common Stocks (continued)** | **Common Stocks (continued)** | **Common Stocks (continued)** |
| **Wireless Telecommunication Services — 0.8%** | **Wireless Telecommunication Services — 0.8%** | **Wireless Telecommunication Services — 0.8%** |
| &nbsp;&nbsp;&nbsp;T-Mobile US, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;144484 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$30345974 |
| **Total Common Stocks<br>(cost $3,227,471,968)<br>** | **Total Common Stocks<br>(cost $3,227,471,968)<br>** | &nbsp;&nbsp;&nbsp;&nbsp;3545876964 |
| **Unaffiliated Exchange-Traded Funds — 3.0%** | **Unaffiliated Exchange-Traded Funds — 3.0%** | **Unaffiliated Exchange-Traded Funds — 3.0%** |
| &nbsp;&nbsp;&nbsp;iShares Russell 1000 Value ETF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;392524 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;83870603 |
| &nbsp;&nbsp;&nbsp;State Street SPDR Portfolio S&P 500 Value ETF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;525791 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29749255 |
| **Total Unaffiliated Exchange-Traded Funds<br>(cost $94,945,173)<br>** | **Total Unaffiliated Exchange-Traded Funds<br>(cost $94,945,173)<br>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;113619858 |
| **Total Long-Term Investments—98.3%<br>(cost $3,322,417,141)<br>** | **Total Long-Term Investments—98.3%<br>(cost $3,322,417,141)<br>** | &nbsp;&nbsp;&nbsp;&nbsp;3659496822 |
| **Short-Term Investments — 8.5%** | **Short-Term Investments — 8.5%** | **Short-Term Investments — 8.5%** |
| **Affiliated Mutual Funds — 8.5%** | **Affiliated Mutual Funds — 8.5%** | **Affiliated Mutual Funds — 8.5%** |
| &nbsp;&nbsp;&nbsp;PGIM Core Government Money Market Fund (7-day effective yield 3.781%)(wb) | &nbsp;&nbsp;&nbsp;52808789 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;52808789 |
| &nbsp;&nbsp;&nbsp;PGIM Institutional Money Market Fund (7-day effective yield 3.829%)<br>(cost $261,372,769; includes $260,468,994 of cash collateral for securities on loan)(b)(wb) | 261569003 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;261385905 |
| **Total Affiliated Mutual Funds<br>(cost $314,181,558)<br>** | **Total Affiliated Mutual Funds<br>(cost $314,181,558)<br>** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;314194694 |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Interest<br> Rate** | **Maturity<br> Date** | **Principal<br> Amount<br> (000)#** |  |  |
| **U.S. Treasury Obligations(n) — 0.0%** | **U.S. Treasury Obligations(n) — 0.0%** | **U.S. Treasury Obligations(n) — 0.0%** | **U.S. Treasury Obligations(n) — 0.0%** |  |
| U.S. Treasury Bills | U.S. Treasury Bills | U.S. Treasury Bills | U.S. Treasury Bills |  |
| &nbsp;&nbsp;&nbsp;3.583% | &nbsp;&nbsp;&nbsp;&nbsp;07/16/26(h) | &nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;989454 |  |
| &nbsp;&nbsp;&nbsp;3.632% | &nbsp;&nbsp;&nbsp;&nbsp;04/23/26 | &nbsp;&nbsp;&nbsp;&nbsp;450 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;449002 |  |
| **Total U.S. Treasury Obligations<br>(cost $1,438,621)<br>** | **Total U.S. Treasury Obligations<br>(cost $1,438,621)<br>** | **Total U.S. Treasury Obligations<br>(cost $1,438,621)<br>** |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1438456 |
| **Total Short-Term Investments<br>(cost $315,620,179)<br>** | **Total Short-Term Investments<br>(cost $315,620,179)<br>** | **Total Short-Term Investments<br>(cost $315,620,179)<br>** |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;315633150 |
| **TOTAL INVESTMENTS—106.8%<br>(cost $3,638,037,320)<br>** | **TOTAL INVESTMENTS—106.8%<br>(cost $3,638,037,320)<br>** | **TOTAL INVESTMENTS—106.8%<br>(cost $3,638,037,320)<br>** |  | &nbsp;&nbsp;&nbsp;&nbsp;3975129972 |
| **Liabilities in excess of other assets(z) — (6.8)%<br>** | **Liabilities in excess of other assets(z) — (6.8)%<br>** | **Liabilities in excess of other assets(z) — (6.8)%<br>** |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(253850505) |
| **Net Assets — 100.0%<br>** | **Net Assets — 100.0%<br>** | **Net Assets — 100.0%<br>** |  | &nbsp;&nbsp;&nbsp;$3721279467 |

---

---

| | |
|:---|:---|
| Below is a list of the abbreviation(s) used in the quarterly schedule of portfolio holdings: | Below is a list of the abbreviation(s) used in the quarterly schedule of portfolio holdings: |
| DKK | Danish Krone |
| EUR | Euro |
| GBP | British Pound |

---

---

| | |
|:---|:---|
| ADR | American Depositary Receipt |
| CITI | Citibank, N.A. |
| ETF | Exchange-Traded Fund |
| GSI | Goldman Sachs International |
| LP | Limited Partnership |
| MLP | Master Limited Partnership |
| MSI | Morgan Stanley & Co. International PLC |
| OTC | Over-the-counter |
| REITs | Real Estate Investment Trust |
| S&P | Standard & Poor's |
| SPDR | Standard & Poor's Depositary Receipts |

---

\* Non-income producing security.

# Principal amount is shown in U.S. dollars unless otherwise stated.

(a) All or a portion of security is on loan. The aggregate market value of such securities, including those sold and pending settlement, is $260,435,932; cash collateral of $260,468,994 (included in liabilities) was received with which the Portfolio purchased highly liquid short-term investments. In the event of significant appreciation in value of securities on loan on the last business day of the reporting period, the Portfolio may reflect a collateral value that is less than the market value of the loaned securities and such shortfall is remedied the following business day.

(b) Represents security, or portion thereof, purchased with cash collateral received for securities on loan and includes dividend reinvestment.

(h) Represents security, or a portion thereof, segregated as collateral for OTC derivatives.

(n) Rate shown reflects yield to maturity at purchased date.

(wb) Represents an investment in a Fund affiliated with the Manager.

(z) Includes net unrealized appreciation/(depreciation) and/or market value of the below holdings which are excluded from the Schedule of Investments:

#### Forward foreign currency exchange contracts outstanding at March 31, 2026:

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| **Purchase<br> Contracts** | &nbsp;&nbsp;**Counterparty** | &nbsp;&nbsp;**Notional<br> Amount<br> (000)** | &nbsp;&nbsp;**Value at<br> Settlement<br> Date** | &nbsp;&nbsp;**Current<br> Value** | &nbsp;&nbsp;**Unrealized<br> Appreciation** | &nbsp;&nbsp;**Unrealized<br> Depreciation** |
| **OTC Forward Foreign Currency Exchange Contracts:** | **OTC Forward Foreign Currency Exchange Contracts:** | **OTC Forward Foreign Currency Exchange Contracts:** | **OTC Forward Foreign Currency Exchange Contracts:** | **OTC Forward Foreign Currency Exchange Contracts:** | **OTC Forward Foreign Currency Exchange Contracts:** | **OTC Forward Foreign Currency Exchange Contracts:** |
| Danish Krone, | Danish Krone, | Danish Krone, | Danish Krone, | Danish Krone, | Danish Krone, | Danish Krone, |
| &nbsp;&nbsp;&nbsp;Expiring 06/17/26 | &nbsp;&nbsp;CITI &nbsp;&nbsp;DKK | &nbsp;&nbsp;28648 | &nbsp;&nbsp;$4411479 | &nbsp;&nbsp;$4450305 | &nbsp;&nbsp;$38826 | &nbsp;&nbsp;$— |

---

A6

------

AST LARGE-CAP VALUE PORTFOLIO (continued)

---

| | |
|:---|:---|
| **SCHEDULE OF INVESTMENTS** | **as of March 31, 2026 (unaudited)** |

---

#### Forward foreign currency exchange contracts outstanding at March 31, 2026 (continued):<br>

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Purchase<br> Contracts** | &nbsp;&nbsp;**Counterparty** | &nbsp;&nbsp;**Notional<br> Amount<br> (000)** | &nbsp;&nbsp;**Notional<br> Amount<br> (000)** | &nbsp;&nbsp;**Value at<br> Settlement<br> Date** | &nbsp;&nbsp;**Current<br> Value** | &nbsp;&nbsp;**Unrealized<br> Appreciation** | &nbsp;&nbsp;**Unrealized<br> Depreciation** |
| **OTC Forward Foreign Currency Exchange Contracts (cont'd.):** | **OTC Forward Foreign Currency Exchange Contracts (cont'd.):** | **OTC Forward Foreign Currency Exchange Contracts (cont'd.):** | **OTC Forward Foreign Currency Exchange Contracts (cont'd.):** | **OTC Forward Foreign Currency Exchange Contracts (cont'd.):** | **OTC Forward Foreign Currency Exchange Contracts (cont'd.):** | **OTC Forward Foreign Currency Exchange Contracts (cont'd.):** | **OTC Forward Foreign Currency Exchange Contracts (cont'd.):** |
| Euro, | Euro, | Euro, | Euro, | Euro, | Euro, | Euro, | Euro, |
| &nbsp;&nbsp;&nbsp;Expiring 06/17/26 | &nbsp;&nbsp;MSI | &nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp;&nbsp;2703 | &nbsp;&nbsp;$3124411 | &nbsp;&nbsp;$3135386 | &nbsp;&nbsp;$10975 | &nbsp;&nbsp;$— |
|  |  |  |  | &nbsp;&nbsp;$7535890 | &nbsp;&nbsp;$7585691 | &nbsp;&nbsp;&nbsp;&nbsp;49801 | &nbsp;&nbsp;&nbsp;&nbsp;— |

---

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Sale<br> Contracts** | &nbsp;&nbsp;**Counterparty** | &nbsp;&nbsp;**Notional<br> Amount<br> (000)** | &nbsp;&nbsp;**Notional<br> Amount<br> (000)** | &nbsp;&nbsp;**Value at<br> Settlement<br> Date** | &nbsp;&nbsp;**Current<br> Value** | &nbsp;&nbsp;**Unrealized<br> Appreciation** | &nbsp;&nbsp;**Unrealized<br> Depreciation** |
| **OTC Forward Foreign Currency Exchange Contracts:** | **OTC Forward Foreign Currency Exchange Contracts:** | **OTC Forward Foreign Currency Exchange Contracts:** | **OTC Forward Foreign Currency Exchange Contracts:** | **OTC Forward Foreign Currency Exchange Contracts:** | **OTC Forward Foreign Currency Exchange Contracts:** | **OTC Forward Foreign Currency Exchange Contracts:** | **OTC Forward Foreign Currency Exchange Contracts:** |
| British Pound, | British Pound, | British Pound, | British Pound, | British Pound, | British Pound, | British Pound, | British Pound, |
| &nbsp;&nbsp;&nbsp;Expiring 06/17/26 | &nbsp;&nbsp;CITI | &nbsp;&nbsp;GBP | &nbsp;&nbsp;22624 | &nbsp;&nbsp;$29948359 | &nbsp;&nbsp;$29937776 | &nbsp;&nbsp;$10583 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— |
| &nbsp;&nbsp;&nbsp;Expiring 06/17/26 | &nbsp;&nbsp;GSI | &nbsp;&nbsp;GBP | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;131 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;173276 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;173218 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;58 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;Expiring 06/17/26 | &nbsp;&nbsp;MSI | &nbsp;&nbsp;GBP | &nbsp;&nbsp;&nbsp;&nbsp;2601 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3465253 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3441340 | &nbsp;&nbsp;&nbsp;&nbsp;23913 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
| Danish Krone, | Danish Krone, | Danish Krone, | Danish Krone, | Danish Krone, | Danish Krone, | Danish Krone, | Danish Krone, |
| &nbsp;&nbsp;&nbsp;Expiring 06/17/26 | &nbsp;&nbsp;MSI | &nbsp;&nbsp;DKK | &nbsp;&nbsp;78015 | &nbsp;&nbsp;&nbsp;&nbsp;12080197 | &nbsp;&nbsp;&nbsp;&nbsp;12119315 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(39118) |
| Euro, | Euro, | Euro, | Euro, | Euro, | Euro, | Euro, | Euro, |
| &nbsp;&nbsp;&nbsp;Expiring 06/17/26 | &nbsp;&nbsp;GSI | &nbsp;&nbsp;EUR | &nbsp;&nbsp;12324 | &nbsp;&nbsp;&nbsp;&nbsp;14166282 | &nbsp;&nbsp;&nbsp;&nbsp;14295879 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | &nbsp;&nbsp;&nbsp;&nbsp;(129597) |
|  |  |  |  | &nbsp;&nbsp;$59833367 | &nbsp;&nbsp;$59967528 | &nbsp;&nbsp;&nbsp;&nbsp;34554 | &nbsp;&nbsp;&nbsp;&nbsp;(168715) |
|  |  |  |  |  |  | &nbsp;&nbsp;$84355 | &nbsp;&nbsp;$(168715) |

---

*Other information regarding the Portfolio is available in the Portfolio's most recent Report to Shareholders. This information is available on the Securities and Exchange Commission's website (www.sec.gov).*

A7

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

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

- **b. Investment Company Act file number:** 811-05186

- **c. CIK number of Registrant:** 0000814679

- **d. LEI of Registrant:** 549300VWSUPW8FKG9V43

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

  - **Street Address 1:** 655 Broad Street

  - **City:** Newark

  - **State:** NJ

  - **Foreign country:** US

  - **Zip / Postal Code:** 07102-4077

  - **Telephone number:** 1-888-778-2888

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

- **a. Name of Series:** AST Large-Cap Value Portfolio

- **b. EDGAR series identifier (if any):** S000001977

- **c. LEI of Series:** 4FTWO00TBMKME1WMYZ73

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

- **a. Date of fiscal year-end:** 2026-12-31

- **b. Date as of which information is reported:** 2026-03-31

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $4011935185.79

**Total Liabilities:** $289343203.04

**Net Assets:** $3722591982.75

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000005187 | 3.85%                | 2.46%                | -4.57%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $39164975.89             | $110528801.45                              |
| Month 2  | $45458938.46             | $48201547.39                               |
| Month 3  | $45382085.84             | $-233349194.39                             |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Roche Holding AG                                 | Roche Holding AG SPONSORED ADR                                  | CUSIP: 771195104<br>LEI: 549300U41AUUVOAAOB37 | Long             | EC               | CORP              | CH        |    185555 | NS      | $9223939.05   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Dollar General Corporation                       | Dollar General Corporation COM                                  | CUSIP: 256677105<br>LEI: OPX52SQVOZI8IVSWYU66 | Long             | EC               | CORP              | US        |     11700 | NS      | $1389141.00   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Moderna Inc                                      | Moderna Inc COM                                                 | CUSIP: 60770K107<br>LEI: 549300EI6OKH5K5Q2G38 | Long             | EC               | CORP              | US        |      7400 | NS      | $375920.00    | 0.01%             |  |  |  | No            |                  1 | On Loan: —       |
| Euronet Worldwide, Inc.                          | Euronet Worldwide, Inc. COM                                     | CUSIP: 298736109<br>LEI: YG3575C4DSHJPA5KET68 | Long             | EC               | CORP              | US        |     29689 | NS      | $1970458.93   | 0.05%             |  |  |  | No            |                  1 | On Loan: —       |
| Wells Fargo & Co.                                | Wells Fargo & Co. COM                                           | CUSIP: 949746101<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | EC               | CORP              | US        |    365195 | NS      | $29073173.95  | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Fox Corporation                                  | Fox Corporation CL A COM                                        | CUSIP: 35137L105<br>LEI: 549300DDU6FDRBIELS05 | Long             | EC               | CORP              | US        |    136502 | NS      | $7971716.80   | 0.21%             |  |  |  | No            |                  1 | On Loan: —       |
| Microchip Technology Incorporated                | Microchip Technology Incorporated COM                           | CUSIP: 595017104<br>LEI: 5493007PTFULNYZJ1R12 | Long             | EC               | CORP              | US        |    226508 | NS      | $14634681.88  | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Constellation Brands, Inc.                       | Constellation Brands, Inc. CL A                                 | CUSIP: 21036P108<br>LEI: 5493005GKEG8QCVY7037 | Long             | EC               | CORP              | US        |     34476 | NS      | $5171400.00   | 0.14%             |  |  |  | No            |                  1 | On Loan: —       |
| Ovintiv Inc                                      | Ovintiv Inc COM                                                 | CUSIP: 69047Q102<br>LEI: 2549003MEX7YMKLGI239 | Long             | EC               | CORP              | US        |     86711 | NS      | $5147164.96   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan Chase & Co.                             | JPMorgan Chase & Co. COM                                        | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               | CORP              | US        |    258926 | NS      | $76165672.16  | 2.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Seagate Technology Holdings PLC                  | Seagate Technology Holdings PLC ORD SHS                         | CUSIP: 000000000<br>LEI: 635400RUXIFEZSRU8X70 | Long             | EC               | CORP              | IE        |     43153 | NS      | $16905619.28  | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| NXP Semiconductors NV                            | NXP Semiconductors NV EUR0.20                                   | CUSIP: 000000000<br>LEI: 724500M9BY5293JDF951 | Long             | EC               | CORP              | NL        |     66212 | NS      | $13034494.32  | 0.35%             |  |  |  | No            |                  1 | On Loan: —       |
| Cheniere Energy Inc                              | Cheniere Energy Inc COM NEW                                     | CUSIP: 16411R208<br>LEI: MIHC87W9WTYSYZWV1J40 | Long             | EC               | CORP              | US        |       748 | NS      | $212252.48    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Expand Energy Corp.                              | Expand Energy Corp. COM                                         | CUSIP: 165167735<br>LEI: X2MT1W32SPAZ9WSKLE78 | Long             | EC               | CORP              | US        |      1751 | NS      | $192224.78    | 0.01%             |  |  |  | Yes           |                  1 | On Loan: No      |
| Phillips 66                                      | Phillips 66 COM                                                 | CUSIP: 718546104<br>LEI: 5493005JBO5YSIGK1814 | Long             | EC               | CORP              | US        |     16010 | NS      | $2916701.80   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| UNIVERSAL DISPLAY CORP                           | Universal Display Corp. COM                                     | CUSIP: 91347P105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     11535 | NS      | $1057298.10   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| McCormick & Company, Incorporated                | McCormick & Company, Incorporated COM VTG                       | CUSIP: 579780107<br>LEI: 549300JQQA6MQ4OJP259 | Long             | EC               | CORP              | US        |      1200 | NS      | $60456.00     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Quest Diagnostics Incorporated                   | Quest Diagnostics Incorporated COM                              | CUSIP: 74834L100<br>LEI: 8MCWUBXQ0WE04KMXBX50 | Long             | EC               | CORP              | US        |     30517 | NS      | $5980721.66   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| American Express Company                         | American Express Company COM                                    | CUSIP: 025816109<br>LEI: R4PP93JZOLY261QX3811 | Long             | EC               | CORP              | US        |     36135 | NS      | $10930114.80  | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Mobileye Global Inc                              | Mobileye Global Inc COMMON CLASS A                              | CUSIP: 60741F104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3700 | NS      | $25419.00     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Hubspot Inc                                      | Hubspot Inc COM                                                 | CUSIP: 443573100<br>LEI: 529900BLNVEW0MVKJB37 | Long             | EC               | CORP              | US        |     27336 | NS      | $6672717.60   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| LIBERTY MEDIA CORP                               | Liberty Media Corp Del COM LBTY ONE S A                         | CUSIP: 531229771<br>LEI: 549300ZKUTPIBZLWLL89 | Long             | EC               | CORP              | US        |       800 | NS      | $62464.00     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Wheaton Precious Metals Corporation              | Wheaton Precious Metals Corporation COM                         | CUSIP: 962879102<br>LEI: 549300XSFG5ZCGVYD886 | Long             | EC               | CORP              | CA        |     12156 | NS      | $1592557.56   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Boston Scientific Corporation                    | Boston Scientific Corporation COM                               | CUSIP: 101137107<br>LEI: Y6ZDD9FP4P8JSSJMW954 | Long             | EC               | CORP              | US        |    218815 | NS      | $13730641.25  | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Revvity Inc                                      | Revvity Inc COM                                                 | CUSIP: 714046109<br>LEI: 549300IKL1SDPFI7N655 | Long             | EC               | CORP              | US        |      4085 | NS      | $357886.85    | 0.01%             |  |  |  | No            |                  1 | On Loan: —       |
| Waters Corporation                               | Waters Corporation COM                                          | CUSIP: 941848103<br>LEI: 5T547R1474YC9HOD8Q74 | Long             | EC               | CORP              | US        |     23420 | NS      | $6974476.00   | 0.19%             |  |  |  | No            |                  1 | On Loan: —       |
| Regeneron Pharmaceuticals, Inc.                  | Regeneron Pharmaceuticals, Inc. COM                             | CUSIP: 75886F107<br>LEI: 549300RCBFWIRX3HYQ56 | Long             | EC               | CORP              | US        |     43408 | NS      | $33538757.12  | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Valero Energy Corp.                              | Valero Energy Corp. COM                                         | CUSIP: 91913Y100<br>LEI: 549300XTO5VR8SKV1V74 | Long             | EC               | CORP              | US        |    114832 | NS      | $28372690.56  | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| PTC Inc                                          | PTC Inc COM                                                     | CUSIP: 69370C100<br>LEI: 54930050SSMU8SKDJ030 | Long             | EC               | CORP              | US        |      2072 | NS      | $295239.28    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| EQT Corporation                                  | EQT Corporation COM                                             | CUSIP: 26884L109<br>LEI: 4NT01YGM4X7ZX86ISY52 | Long             | EC               | CORP              | US        |    139023 | NS      | $8847423.72   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Baxter International, Inc.                       | Baxter International, Inc. COM                                  | CUSIP: 071813109<br>LEI: J5OIVXX3P24RJRW5CK77 | Long             | EC               | CORP              | US        |     17415 | NS      | $292572.00    | 0.01%             |  |  |  | No            |                  1 | On Loan: —       |
| Northrop Grumman Corporation                     | Northrop Grumman Corporation COM                                | CUSIP: 666807102<br>LEI: RIMU48P07456QXSO0R61 | Long             | EC               | CORP              | US        |     35065 | NS      | $23922745.60  | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Accenture PLC                                    | Accenture PLC CLS'A'USD0.0000225                                | CUSIP: 000000000<br>LEI: 5493000EWHDSR3MZWH98 | Long             | EC               | CORP              | IE        |    122987 | NS      | $24387092.23  | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Hewlett Packard Enterprise Co.                   | Hewlett Packard Enterprise Co. COM                              | CUSIP: 42824C109<br>LEI: 549300BX44RGX6ANDV88 | Long             | EC               | CORP              | US        |    404816 | NS      | $9638668.96   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Workday Inc                                      | Workday Inc CL A                                                | CUSIP: 98138H101<br>LEI: 549300J0DYC0N31V7G13 | Long             | EC               | CORP              | US        |    104400 | NS      | $13563648.00  | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Unilever PLC                                     | Unilever PLC SPON ADR NEW                                       | CUSIP: 904767803<br>LEI: 549300MKFYEKVRWML317 | Long             | EC               | CORP              | GB        |     34906 | NS      | $1988594.82   | 0.05%             |  |  |  | No            |                  1 | On Loan: —       |
| Twilio Inc                                       | Twilio Inc CL A                                                 | CUSIP: 90138F102<br>LEI: 5493004W8TRGD63APX93 | Long             | EC               | CORP              | US        |      5300 | NS      | $666846.00    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Skyworks Solutions, Inc.                         | Skyworks Solutions, Inc. COM                                    | CUSIP: 83088M102<br>LEI: 549300WZ3ORQ2BVKBD96 | Long             | EC               | CORP              | US        |     21726 | NS      | $1163427.30   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Principal Financial Group Inc.                   | Principal Financial Group Inc. COM                              | CUSIP: 74251V102<br>LEI: CUMYEZJOAF02RYZ1JJ85 | Long             | EC               | CORP              | US        |      7900 | NS      | $711869.00    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Prologis Inc.                                    | Prologis Inc. COM                                               | CUSIP: 74340W103<br>LEI: 529900DFH19P073LZ636 | Long             | EC               | CORP              | US        |    102888 | NS      | $13599735.84  | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Ryder System, Inc.                               | Ryder System, Inc. COM                                          | CUSIP: 783549108<br>LEI: ZXJ6Y2OSPZXIVGRILD15 | Long             | EC               | CORP              | US        |     46514 | NS      | $9521880.94   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| NRG Energy, Inc.                                 | NRG Energy, Inc. COM NEW                                        | CUSIP: 629377508<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | EC               | CORP              | US        |     76315 | NS      | $11152674.10  | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Occidental Petroleum Corp.                       | Occidental Petroleum Corp. COM                                  | CUSIP: 674599105<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | EC               | CORP              | US        |     65496 | NS      | $4257240.00   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| J. B. Hunt Transport Services, Inc.              | J. B. Hunt Transport Services, Inc. COM                         | CUSIP: 445658107<br>LEI: 549300XCD1MPI1C5GK90 | Long             | EC               | CORP              | US        |      5600 | NS      | $1186640.00   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| State Street Corp.                               | State Street Corp. COM                                          | CUSIP: 857477103<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | EC               | CORP              | US        |    123776 | NS      | $15665090.56  | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Agilent Technologies Inc.                        | Agilent Technologies Inc. COM                                   | CUSIP: 00846U101<br>LEI: QUIX8Y7A2WP0XRMW7G29 | Long             | EC               | CORP              | US        |      2736 | NS      | $311849.28    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Truist Financial Corp.                           | Truist Financial Corp. COM                                      | CUSIP: 89832Q109<br>LEI: 549300DRQQI75D2JP341 | Long             | EC               | CORP              | US        |    137279 | NS      | $6310715.63   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Emerson Electric Co.                             | Emerson Electric Co. COM                                        | CUSIP: 291011104<br>LEI: FGLT0EWZSUIRRITFOA30 | Long             | EC               | CORP              | US        |     85554 | NS      | $11209285.08  | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| The Cooper Companies, Inc.                       | The Cooper Companies, Inc. COM                                  | CUSIP: 216648501<br>LEI: QJKMVPIGLH7530PCUE20 | Long             | EC               | CORP              | US        |      6720 | NS      | $480480.00    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| U.S. Bancorp.                                    | U.S. Bancorp. COM NEW                                           | CUSIP: 902973304<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | EC               | CORP              | US        |    388241 | NS      | $20192414.41  | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Jacobs Solutions Inc.                            | Jacobs Solutions Inc. COM                                       | CUSIP: 46982L108<br>LEI: 254900E3KHXCC2C8K272 | Long             | EC               | CORP              | US        |      4500 | NS      | $572760.00    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| CHEVRON CORP                                     | Chevron Corp. COM                                               | CUSIP: 166764100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    175052 | NS      | $36218258.80  | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| D.R. Horton, Inc.                                | D.R. Horton, Inc. COM                                           | CUSIP: 23331A109<br>LEI: 529900ZIUEYVSB8QDD25 | Long             | EC               | CORP              | US        |     20647 | NS      | $2833181.34   | 0.08%             |  |  |  | No            |                  1 | On Loan: —       |
| TE Connectivity PLC                              | TE Connectivity PLC ORD SHS                                     | CUSIP: 000000000<br>LEI: 6367003TB6K484NFHE54 | Long             | EC               | CORP              | IE        |     33989 | NS      | $7104380.78   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Markel Group Inc                                 | Markel Group Inc COM                                            | CUSIP: 570535104<br>LEI: 549300SCNO12JLWIK605 | Long             | EC               | CORP              | US        |       890 | NS      | $1703522.30   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| General Motors Company                           | General Motors Company COM                                      | CUSIP: 37045V100<br>LEI: 54930070NSV60J38I987 | Long             | EC               | CORP              | US        |    579092 | NS      | $43142354.00  | 1.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Pepsico Inc                                      | Pepsico Inc COM                                                 | CUSIP: 713448108<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | EC               | CORP              | US        |     51456 | NS      | $7990602.24   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| (PIPA070) PGIM Core Government Money Market Fund | (PIPA070) PGIM Core Government Money Market Fund                | CUSIP: 74440W862<br>LEI: FDBJO5TMSRMHJL5YKP11 | Long             | STIV             | RF                | US        |  62814992 | NS      | $62814992.03  | 1.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Flowserve Corporation                            | Flowserve Corporation COM                                       | CUSIP: 34354P105<br>LEI: 6Y0GK87T6V7NJKZJVM41 | Long             | EC               | CORP              | US        |     85385 | NS      | $6276651.35   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Martin Marietta Materials Inc                    | Martin Marietta Materials Inc COM                               | CUSIP: 573284106<br>LEI: 5299005MZ4WZECVATV08 | Long             | EC               | CORP              | US        |     28638 | NS      | $16858617.84  | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Coherent Corp                                    | Coherent Corp COM                                               | CUSIP: 19247G107<br>LEI: 549300O5C25A0MMHHU33 | Long             | EC               | CORP              | US        |      5200 | NS      | $1238692.00   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Dupont De Nemours Inc                            | Dupont De Nemours Inc COM                                       | CUSIP: 26614N102<br>LEI: 5493004JF0SDFLM8GD76 | Long             | EC               | CORP              | US        |     14208 | NS      | $650726.40    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Thermo Fisher Scientific Inc                     | Thermo Fisher Scientific Inc COM                                | CUSIP: 883556102<br>LEI: HCHV7422L5HDJZCRFL38 | Long             | EC               | CORP              | US        |     94554 | NS      | $46476127.62  | 1.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Intel Corporation                                | Intel Corporation COM                                           | CUSIP: 458140100<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | EC               | CORP              | US        |    323377 | NS      | $14270627.01  | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Morgan Stanley                                   | Morgan Stanley COM NEW                                          | CUSIP: 617446448<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | EC               | CORP              | US        |     34021 | NS      | $5598835.97   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Steris PLC                                       | Steris PLC ORD USD0.001                                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | IE        |      6682 | NS      | $1477590.66   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| GE Healthcare Technologies Inc.                  | GE Healthcare Technologies Inc. COMMON STOCK                    | CUSIP: 36266G107<br>LEI: 549300OI9J7XOWZMUN85 | Long             | EC               | CORP              | US        |    302453 | NS      | $21528604.54  | 0.58%             |  |  |  | No            |                  1 | On Loan: —       |
| Abbott Laboratories                              | Abbott Laboratories COM                                         | CUSIP: 002824100<br>LEI: HQD377W2YR662HK5JX27 | Long             | EC               | CORP              | US        |     37669 | NS      | $3867476.23   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Okta Inc.                                        | Okta Inc. CL A                                                  | CUSIP: 679295105<br>LEI: 549300N8J06I8MRHU620 | Long             | EC               | CORP              | US        |      5500 | NS      | $432905.00    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| AvalonBay Communities, Inc.                      | AvalonBay Communities, Inc. COM                                 | CUSIP: 053484101<br>LEI: K9G90K85RBWD2LAGQX17 | Long             | EC               | CORP              | US        |     36294 | NS      | $5928624.90   | 0.16%             |  |  |  | No            |                  1 | On Loan: —       |
| Zoetis Inc.                                      | Zoetis Inc. CL A                                                | CUSIP: 98978V103<br>LEI: 549300HD9Q1LOC9KLJ48 | Long             | EC               | CORP              | US        |     24277 | NS      | $2869784.17   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Enterprise Products Partners L.P.                | Enterprise Products Partners L.P. COM                           | CUSIP: 293792107<br>LEI: K4CDIF4M54DJZ6TB4Q48 | Long             | EC               | CORP              | US        |    416726 | NS      | $15768911.84  | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Qnity Electronics Inc.                           | Qnity Electronics Inc. COMMON STOCK                             | CUSIP: 74743L100<br>LEI: 254900RSUG4J9TFFZX53 | Long             | EC               | CORP              | US        |      7104 | NS      | $819659.52    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| The Bank of New York Mellon Corp.                | The Bank of New York Mellon Corp. COM                           | CUSIP: 064058100<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | EC               | CORP              | US        |     24009 | NS      | $2848187.67   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| News Corporation                                 | News Corporation CL A                                           | CUSIP: 65249B109<br>LEI: 549300ITS31QK8VRBQ14 | Long             | EC               | CORP              | US        |     18644 | NS      | $464794.92    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Electronic Arts Inc.                             | Electronic Arts Inc. COM                                        | CUSIP: 285512109<br>LEI: 549300O7A67PUEYKDL45 | Long             | EC               | CORP              | US        |      3991 | NS      | $813645.17    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Target Corp.                                     | Target Corp. COM                                                | CUSIP: 87612E106<br>LEI: 8WDDFXB5T1Z6J0XC1L66 | Long             | EC               | CORP              | US        |     40087 | NS      | $4858544.40   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| The Gap Inc.                                     | The Gap Inc. COM                                                | CUSIP: 364760108<br>LEI: T2ZG1WRWZ4BUCMQL9224 | Long             | EC               | CORP              | US        |    172442 | NS      | $4173096.40   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Verizon Communications Inc.                      | Verizon Communications Inc. COM                                 | CUSIP: 92343V104<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | EC               | CORP              | US        |    207950 | NS      | $10439090.00  | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity National Information Services Inc       | Fidelity National Information Services Inc COM                  | CUSIP: 31620M106<br>LEI: 6WQI0GK1PRFVBA061U48 | Long             | EC               | CORP              | US        |    301783 | NS      | $14156640.53  | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| AT&T Inc                                         | AT&T Inc COM                                                    | CUSIP: 00206R102<br>LEI: 549300Z40J86GGSTL398 | Long             | EC               | CORP              | US        |    679202 | NS      | $19690065.98  | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Roper Technologies Inc                           | Roper Technologies Inc COM                                      | CUSIP: 776696106<br>LEI: 54930003T4SXCIWVXY35 | Long             | EC               | CORP              | US        |     25242 | NS      | $8932134.12   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Gates Industrial Corp PLC                        | Gates Industrial Corp PLC COM USD0.01                           | CUSIP: 000000000<br>LEI: 549300S6K4FWUSB9KM27 | Long             | EC               | CORP              | GB        |    379316 | NS      | $8576334.76   | 0.23%             |  |  |  | No            |                  1 | On Loan: —       |
| Tenet Healthcare Corporation                     | Tenet Healthcare Corporation COM NEW                            | CUSIP: 88033G407<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | EC               | CORP              | US        |      4839 | NS      | $913167.69    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Apollo Global Management Inc                     | Apollo Global Management Inc COM                                | CUSIP: 03769M106<br>LEI: 254900LMFT1CY9IYB476 | Long             | EC               | CORP              | US        |    106841 | NS      | $11904224.22  | 0.32%             |  |  |  | No            |                  1 | On Loan: —       |
| T-Mobile US Inc                                  | T-Mobile US Inc COM                                             | CUSIP: 872590104<br>LEI: 549300QHIJYOHPACPG31 | Long             | EC               | CORP              | US        |    144484 | NS      | $30345974.52  | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Exxon Mobil Corp.                                | Exxon Mobil Corp. COM                                           | CUSIP: 30231G102<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | EC               | CORP              | US        |    523749 | NS      | $88859255.34  | 2.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Textron Inc.                                     | Textron Inc. COM                                                | CUSIP: 883203101<br>LEI: 3PPKBHUG1HD6BO7RNR87 | Long             | EC               | CORP              | US        |     30358 | NS      | $2658146.48   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Pentair PLC                                      | Pentair PLC COM USD0.01                                         | CUSIP: 000000000<br>LEI: 549300EVR9D56WPSRP15 | Long             | EC               | CORP              | IE        |     12000 | NS      | $1045320.00   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP         | Wabtec Corp COM                                                 | CUSIP: 929740108<br>LEI: 06BTX5UWZD0GQ5N5Y745 | Long             | EC               | CORP              | US        |     11649 | NS      | $2911201.59   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Zillow Group Inc                                 | Zillow Group Inc CL C CAP STK                                   | CUSIP: 98954M200<br>LEI: 2549002XEELQDIR6FU05 | Long             | EC               | CORP              | US        |      6200 | NS      | $256556.00    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Walt Disney Company                              | Walt Disney Company COM                                         | CUSIP: 254687106<br>LEI: 549300GZKULIZ0WOW665 | Long             | EC               | CORP              | US        |     94442 | NS      | $9102319.96   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Charter Communications, Inc.                     | Charter Communications, Inc. CL A                               | CUSIP: 16119P108<br>LEI: 0J0XRGZE3PBRFEZ7MV65 | Long             | EC               | CORP              | US        |     57451 | NS      | $12402521.88  | 0.33%             |  |  |  | No            |                  1 | On Loan: —       |
| Goldman Sachs Group, Inc.                        | Goldman Sachs Group, Inc. COM                                   | CUSIP: 38141G104<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | EC               | CORP              | US        |     27481 | NS      | $23248651.19  | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| International Paper Co.                          | International Paper Co. COM                                     | CUSIP: 460146103<br>LEI: 824LMFJDH41EY779Q875 | Long             | EC               | CORP              | US        |     19192 | NS      | $685154.40    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Diamondback Energy Inc                           | Diamondback Energy Inc COM                                      | CUSIP: 25278X109<br>LEI: 549300R22LSX6OHWEN64 | Long             | EC               | CORP              | US        |     44970 | NS      | $8894616.30   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Alexandria Real Estate Equities, Inc.            | Alexandria Real Estate Equities, Inc. COM                       | CUSIP: 015271109<br>LEI: MGCJBT4MKTQBVLNUIS88 | Long             | EC               | CORP              | US        |     28300 | NS      | $1313686.00   | 0.04%             |  |  |  | No            |                  1 | On Loan: —       |
| Fortive Corporation                              | Fortive Corporation COM                                         | CUSIP: 34959J108<br>LEI: 549300MU9YQJYHDQEF63 | Long             | EC               | CORP              | US        |     12142 | NS      | $671209.76    | 0.02%             |  |  |  | No            |                  1 | On Loan: —       |
| Pfizer Inc.                                      | Pfizer Inc. COM                                                 | CUSIP: 717081103<br>LEI: 765LHXWGK1KXCLTFYQ30 | Long             | EC               | CORP              | US        |    214555 | NS      | $6024704.40   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc.                                    | Alphabet Inc. CAP STK CL C                                      | CUSIP: 02079K107<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |     53172 | NS      | $15252919.92  | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Nike, Inc.                                       | Nike, Inc. CL B                                                 | CUSIP: 654106103<br>LEI: 787RXPR0UX0O0XUXPZ81 | Long             | EC               | CORP              | US        |      1611 | NS      | $85093.02     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Oneok Inc.                                       | Oneok Inc. COM                                                  | CUSIP: 682680103<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | EC               | CORP              | US        |     32200 | NS      | $2910558.00   | 0.08%             |  |  |  | No            |                  1 | On Loan: —       |
| Jefferies Financial Group Inc                    | Jefferies Financial Group Inc COM                               | CUSIP: 47233W109<br>LEI: 549300HOF34RGOJ5YL07 | Long             | EC               | CORP              | US        |      7100 | NS      | $293017.00    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Merck & Co., Inc                                 | Merck & Co., Inc COM                                            | CUSIP: 58933Y105<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | EC               | CORP              | US        |    103941 | NS      | $12503062.89  | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| The Progressive Corporation                      | The Progressive Corporation COM                                 | CUSIP: 743315103<br>LEI: 529900TACNVLY9DCR586 | Long             | EC               | CORP              | US        |     28712 | NS      | $5691866.88   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Coca-Cola Co (The)                               | Coca-Cola Co (The) COM                                          | CUSIP: 191216100<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | EC               | CORP              | US        |    415940 | NS      | $31632237.00  | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Southern Co.                                     | Southern Co. COM                                                | CUSIP: 842587107<br>LEI: 549300FC3G3YU2FBZD92 | Long             | EC               | CORP              | US        |     97845 | NS      | $9443999.40   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Corebridge Financial Inc.                        | Corebridge Financial Inc. COM                                   | CUSIP: 21871X109<br>LEI: 549300XY1661QCIA7J65 | Long             | EC               | CORP              | US        |    167994 | NS      | $4008336.84   | 0.11%             |  |  |  | No            |                  1 | On Loan: —       |
| FLEX LTD                                         | Flex Ltd. COM USD0.01                                           | CUSIP: 000000000<br>LEI: 549300EAQH74YHD07T53 | Long             | EC               | CORP              | SG        |     33675 | NS      | $2204365.50   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Meta Platforms Inc                               | Meta Platforms Inc CL A                                         | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |     46180 | NS      | $26420963.40  | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| CVS Health Corp                                  | CVS Health Corp COM                                             | CUSIP: 126650100<br>LEI: 549300EJG376EN5NQE29 | Long             | EC               | CORP              | US        |    270412 | NS      | $19420989.84  | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Citizens Financial Group Inc                     | Citizens Financial Group Inc COM                                | CUSIP: 174610105<br>LEI: 2138004JDDA4ZQUPFW65 | Long             | EC               | CORP              | US        |     51059 | NS      | $3062008.23   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Ingersoll Rand Inc                               | Ingersoll Rand Inc COM                                          | CUSIP: 45687V106<br>LEI: 5299004C02FMZCUOIR50 | Long             | EC               | CORP              | US        |    169596 | NS      | $13588031.52  | 0.37%             |  |  |  | No            |                  1 | On Loan: —       |
| News Corporation                                 | News Corporation CL B                                           | CUSIP: 65249B208<br>LEI: 549300ITS31QK8VRBQ14 | Long             | EC               | CORP              | US        |      8805 | NS      | $251030.55    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| American Tower Corporation                       | American Tower Corporation COM                                  | CUSIP: 03027X100<br>LEI: 5493006ORUSIL88JOE18 | Long             | EC               | CORP              | US        |     65758 | NS      | $11348515.64  | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Danaher Corporation                              | Danaher Corporation COM                                         | CUSIP: 235851102<br>LEI: S4BKK9OTCEWQ3YHPFM11 | Long             | EC               | CORP              | US        |     11241 | NS      | $2131293.60   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Labcorp Holdings Inc                             | Labcorp Holdings Inc COM SHS                                    | CUSIP: 504922105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     31111 | NS      | $8300725.91   | 0.22%             |  |  |  | No            |                  1 | On Loan: —       |
| Nucor Corporation                                | Nucor Corporation COM                                           | CUSIP: 670346105<br>LEI: 549300GGJCRSI2TIEJ46 | Long             | EC               | CORP              | US        |     13400 | NS      | $2265940.00   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| BJ Wholesale Club Holdings Inc                   | BJ Wholesale Club Holdings Inc COM                              | CUSIP: 05550J101<br>LEI: 549300UCIWH1C93V0J03 | Long             | EC               | CORP              | US        |    137944 | NS      | $13576448.48  | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity National Financial, Inc.                | Fidelity National Financial, Inc. COM SHS                       | CUSIP: 31620R303<br>LEI: 549300CAZYIH39SYQ287 | Long             | EC               | CORP              | US        |     18297 | NS      | $848614.86    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| LULULEMON ATHLETICA INC                          | Lululemon Athletica Inc. COM                                    | CUSIP: 550021109<br>LEI: 549300D9GZ4BMLDW5T40 | Long             | EC               | CORP              | US        |       447 | NS      | $68435.70     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Packaging Corporation of America                 | Packaging Corporation of America COM                            | CUSIP: 695156109<br>LEI: 549300XZP8MFZFY8TJ84 | Long             | EC               | CORP              | US        |      9135 | NS      | $1938629.70   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| CME Group Inc.                                   | CME Group Inc. COM                                              | CUSIP: 12572Q105<br>LEI: LCZ7XYGSLJUHFXXNXD88 | Long             | EC               | CORP              | US        |     62798 | NS      | $18547389.30  | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Devon Energy Corporation                         | Devon Energy Corporation COM                                    | CUSIP: 25179M103<br>LEI: 54930042348RKR3ZPN35 | Long             | EC               | CORP              | US        |     25855 | NS      | $1301023.60   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Performance Food Group Co.                       | Performance Food Group Co. COM                                  | CUSIP: 71377A103<br>LEI: 549300EUK8GR9IT1YK57 | Long             | EC               | CORP              | US        |     98457 | NS      | $8433826.62   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Zoom Communications Inc.                         | Zoom Communications Inc. CL A                                   | CUSIP: 98980L101<br>LEI: 549300T9GCHU0ODOM055 | Long             | EC               | CORP              | US        |      8889 | NS      | $714586.71    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Northern Trust Corporation                       | Northern Trust Corporation COM                                  | CUSIP: 665859104<br>LEI: 549300GLF98S992BC502 | Long             | EC               | CORP              | US        |     18948 | NS      | $2644572.36   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares Trust                                    | iShares Trust RUS 1000 VAL ETF                                  | CUSIP: 464287598<br>LEI: 5493000860OXIC4B5K91 | Long             | EC               | RF                | US        |    392524 | NS      | $83870603.08  | 2.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Halliburton Company                              | Halliburton Company COM                                         | CUSIP: 406216101<br>LEI: ENYF8GB5SMQZ25S06U51 | Long             | EC               | CORP              | US        |     49200 | NS      | $1918308.00   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Honeywell International Inc.                     | Honeywell International Inc. COM                                | CUSIP: 438516106<br>LEI: ISRPG12PN4EIEOEMW547 | Long             | EC               | CORP              | US        |    171467 | NS      | $38756686.01  | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Reliance Inc                                     | Reliance Inc COM                                                | CUSIP: 759509102<br>LEI: 549300E287ZOFT3C5Z56 | Long             | EC               | CORP              | US        |      3985 | NS      | $1211121.20   | 0.03%             |  |  |  | No            |                  1 | On Loan: —       |
| Micron Technology Inc.                           | Micron Technology Inc. COM                                      | CUSIP: 595112103<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | EC               | CORP              | US        |     47288 | NS      | $15975777.92  | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Zillow Group Inc                                 | Zillow Group Inc CL A                                           | CUSIP: 98954M101<br>LEI: 2549002XEELQDIR6FU05 | Long             | EC               | CORP              | US        |      2000 | NS      | $82780.00     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| EOG Resources Inc.                               | EOG Resources Inc. COM                                          | CUSIP: 26875P101<br>LEI: XWTZDRYZPBUHIQBKDB46 | Long             | EC               | CORP              | US        |     82823 | NS      | $11973721.11  | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Synchrony Financial                              | Synchrony Financial COM                                         | CUSIP: 87165B103<br>LEI: 549300RS7EWPM9MA6C78 | Long             | EC               | CORP              | US        |     37327 | NS      | $2538982.54   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| AbbVie Inc.                                      | AbbVie Inc. COM                                                 | CUSIP: 00287Y109<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | EC               | CORP              | US        |     83760 | NS      | $18216962.40  | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| PPG Industries, Inc.                             | PPG Industries, Inc. COM                                        | CUSIP: 693506107<br>LEI: 549300BKPEP01R3V6C59 | Long             | EC               | CORP              | US        |    168924 | NS      | $18054597.12  | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| F5 Inc                                           | F5 Inc COM                                                      | CUSIP: 315616102<br>LEI: 54930015FPK9KT966303 | Long             | EC               | CORP              | US        |     50300 | NS      | $14553299.00  | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Dover Corporation                                | Dover Corporation COM                                           | CUSIP: 260003108<br>LEI: 549300FMC2ALGA7N9E80 | Long             | EC               | CORP              | US        |     27996 | NS      | $5835766.20   | 0.16%             |  |  |  | No            |                  1 | On Loan: —       |
| Johnson Controls International PLC               | Johnson Controls International PLC COM USD1.00                  | CUSIP: 000000000<br>LEI: 549300XQ6S1GYKGBL205 | Long             | EC               | CORP              | IE        |     85789 | NS      | $11234069.55  | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Amazon.com, Inc.                                 | Amazon.com, Inc. COM                                            | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |    271613 | NS      | $56568839.51  | 1.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Lennar Corp.                                     | Lennar Corp. CL B                                               | CUSIP: 526057302<br>LEI: 529900G61XVRLX5TJX09 | Long             | EC               | CORP              | US        |      1000 | NS      | $84120.00     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| CBRE Group Inc.                                  | CBRE Group Inc. CL A                                            | CUSIP: 12504L109<br>LEI: 52990016II9MJ2OSWA10 | Long             | EC               | CORP              | US        |     18045 | NS      | $2444375.70   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| SANDISK CORP                                     | Sandisk Corporation COM                                         | CUSIP: 80004C200<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      8466 | NS      | $5378788.44   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Renaissancere Holdings Ltd.                      | Renaissancere Holdings Ltd. COM USD1                            | CUSIP: 000000000<br>LEI: EK6GB9U3U58PDI411C94 | Long             | EC               | CORP              | BM        |      3790 | NS      | $1126501.70   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| General Dynamics Corporation                     | General Dynamics Corporation COM                                | CUSIP: 369550108<br>LEI: 9C1X8XOOTYY2FNYTVH06 | Long             | EC               | CORP              | US        |     11600 | NS      | $3981352.00   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Stanley Black & Decker, Inc.                     | Stanley Black & Decker, Inc. COM                                | CUSIP: 854502101<br>LEI: 549300DJ09SMTO561131 | Long             | EC               | CORP              | US        |     51281 | NS      | $3644027.86   | 0.10%             |  |  |  | No            |                  1 | On Loan: —       |
| Healthpeak Properties Inc                        | Healthpeak Properties Inc COM                                   | CUSIP: 42250P103<br>LEI: 254900M6MTMZM0I22L81 | Long             | EC               | CORP              | US        |    260780 | NS      | $4284615.40   | 0.12%             |  |  |  | No            |                  1 | On Loan: —       |
| PULTEGROUP INC                                   | Pulte Group Inc COM                                             | CUSIP: 745867101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    218989 | NS      | $25755296.29  | 0.69%             |  |  |  | No            |                  1 | On Loan: —       |
| SS&C Technologies Holdings Inc.                  | SS&C Technologies Holdings Inc. COM                             | CUSIP: 78467J100<br>LEI: 529900POY8H7NPPNKK71 | Long             | EC               | CORP              | US        |     19700 | NS      | $1331129.00   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Icon PLC                                         | Icon PLC ORD EUR0.06                                            | CUSIP: 000000000<br>LEI: 6354008SRQGEMC4XFI67 | Long             | EC               | CORP              | IE        |      1400 | NS      | $154924.00    | 0.00%             |  |  |  | No            |                  1 | On Loan: —       |
| Veralto Corp.                                    | Veralto Corp. COM SHS                                           | CUSIP: 92338C103<br>LEI: 635400FJE6GSOJUSNY27 | Long             | EC               | CORP              | US        |     67161 | NS      | $5938375.62   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Omnicom Group Inc                                | Omnicom Group Inc COM                                           | CUSIP: 681919106<br>LEI: HKUPACFHSSASQK8HLS17 | Long             | EC               | CORP              | US        |     80944 | NS      | $6095892.64   | 0.16%             |  |  |  | No            |                  1 | On Loan: —       |
| Aflac Incorporated                               | Aflac Incorporated COM                                          | CUSIP: 001055102<br>LEI: 549300N0B7DOGLXWPP39 | Long             | EC               | CORP              | US        |     20000 | NS      | $2194200.00   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Amcor PLC                                        | Amcor PLC COM NEW                                               | CUSIP: 000000000<br>LEI: 549300GSODGFCDQ3DI89 | Long             | EC               | CORP              | JE        |     16461 | NS      | $654324.75    | 0.02%             |  |  |  | No            |                  1 | On Loan: —       |
| Hormel Foods Corp                                | Hormel Foods Corp COM                                           | CUSIP: 440452100<br>LEI: MSD54751OJP1FS2ND863 | Long             | EC               | CORP              | US        |     23138 | NS      | $524075.70    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Amentum Holdings, Inc.                           | Amentum Holdings, Inc. COM                                      | CUSIP: 023939101<br>LEI: 2549009FJIBLW40CU216 | Long             | EC               | CORP              | US        |       273 | NS      | $7119.84      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| First Citizens BancShares Inc (Delaware)         | First Citizens BancShares Inc (Delaware) CL A                   | CUSIP: 31946M103<br>LEI: 549300N3Z00ZHE2XC526 | Long             | EC               | CORP              | US        |       795 | NS      | $1498304.70   | 0.04%             |  |  |  | No            |                  1 | On Loan: —       |
| Comcast Corporation                              | Comcast Corporation CL A                                        | CUSIP: 20030N101<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | EC               | CORP              | US        |    668032 | NS      | $19179198.72  | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Carrier Global Corporation                       | Carrier Global Corporation COM                                  | CUSIP: 14448C104<br>LEI: 549300JE3W6CWY2NAN77 | Long             | EC               | CORP              | US        |     56493 | NS      | $3181120.83   | 0.09%             |  |  |  | No            |                  1 | On Loan: —       |
| WEC Energy Group Inc.                            | WEC Energy Group Inc. COM                                       | CUSIP: 92939U106<br>LEI: 549300IGLYTZUK3PVP70 | Long             | EC               | CORP              | US        |    155073 | NS      | $17952801.21  | 0.48%             |  |  |  | No            |                  1 | On Loan: —       |
| TechnipFMC PLC                                   | TechnipFMC PLC USD1                                             | CUSIP: 000000000<br>LEI: 549300D5I93QWCJTCK36 | Long             | EC               | CORP              | GB        |      3618 | NS      | $250112.34    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| The Kraft Heinz Co.                              | The Kraft Heinz Co. COM                                         | CUSIP: 500754106<br>LEI: 9845007488EC87F5AF14 | Long             | EC               | CORP              | US        |    208474 | NS      | $4688580.26   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| L3 Harris Technologies Inc                       | L3 Harris Technologies Inc COM                                  | CUSIP: 502431109<br>LEI: 549300UTE50ZMDBG8A20 | Long             | EC               | CORP              | US        |      6724 | NS      | $2320788.60   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| TransUnion                                       | TransUnion COM                                                  | CUSIP: 89400J107<br>LEI: 549300ZS772LUNUMRB03 | Long             | EC               | CORP              | US        |     16061 | NS      | $1111260.59   | 0.03%             |  |  |  | No            |                  1 | On Loan: —       |
| Western Digital Corp.                            | Western Digital Corp. COM                                       | CUSIP: 958102105<br>LEI: 549300QQXOOYEF89IC56 | Long             | EC               | CORP              | US        |     27024 | NS      | $7309721.76   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| The Campbells Co.                                | The Campbells Co. COM                                           | CUSIP: 134429109<br>LEI: 5493007JDSMX8Z5Z1902 | Long             | EC               | CORP              | US        |     23970 | NS      | $533811.90    | 0.01%             |  |  |  | No            |                  1 | On Loan: —       |
| SPDR Series Trust                                | SPDR Series Trust STATE STREET SPDR PORTFOLIO S&P 500 VALUE ETF | CUSIP: 78464A508<br>LEI: 5493004JVD6CQEEJSS37 | Long             | EC               | RF                | US        |    525791 | NS      | $29749254.78  | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Raymond James Financial Inc.                     | Raymond James Financial Inc. COM                                | CUSIP: 754730109<br>LEI: RGUZHJ05YTITL6D76949 | Long             | EC               | CORP              | US        |     15419 | NS      | $2232517.01   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Leidos Holdings Inc                              | Leidos Holdings Inc COM                                         | CUSIP: 525327102<br>LEI: 549300IUTGTP6EJP8124 | Long             | EC               | CORP              | US        |     14073 | NS      | $2188632.96   | 0.06%             |  |  |  | No            |                  1 | On Loan: —       |
| ResMed Inc.                                      | ResMed Inc. COM                                                 | CUSIP: 761152107<br>LEI: 529900T3QE5253CCXF22 | Long             | EC               | CORP              | US        |      4030 | NS      | $904654.40    | 0.02%             |  |  |  | No            |                  1 | On Loan: —       |
| Entegris Inc                                     | Entegris Inc COM                                                | CUSIP: 29362U104<br>LEI: IYX6OWO7BT5DKO3BYG52 | Long             | EC               | CORP              | US        |     10181 | NS      | $1193620.44   | 0.03%             |  |  |  | No            |                  1 | On Loan: —       |
| CITIBANK, NATIONAL ASSOCIATION                   | GBP/USD FORWARD                                                 | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              | CORP              | US        |         1 | NC      | $10582.89     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS & CO. LLC                          | GBP/USD FORWARD                                                 | CUSIP: 000000000<br>LEI: FOR8UP27PHTHYVLBNG30 | N/A              | DFE              | CORP              | US        |         1 | NC      | $58.01        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Zimmer Biomet Holdings Inc                       | Zimmer Biomet Holdings Inc COM                                  | CUSIP: 98956P102<br>LEI: 2P2YLDVPES3BXQ1FRB91 | Long             | EC               | CORP              | US        |     30271 | NS      | $2737103.82   | 0.07%             |  |  |  | No            |                  1 | On Loan: —       |
| Mckesson Corp.                                   | Mckesson Corp. COM                                              | CUSIP: 58155Q103<br>LEI: 549300WZWOM80UCFSF54 | Long             | EC               | CORP              | US        |     51782 | NS      | $44810071.52  | 1.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Genuine Parts Co                                 | Genuine Parts Co COM                                            | CUSIP: 372460105<br>LEI: 549300D46DQVEU651W04 | Long             | EC               | CORP              | US        |     28000 | NS      | $2961000.00   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Biogen Inc                                       | Biogen Inc COM                                                  | CUSIP: 09062X103<br>LEI: W8J5WZB5IY3K0NDQT671 | Long             | EC               | CORP              | US        |     26718 | NS      | $4898210.94   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| GOLDMAN SACHS & CO. LLC                          | USD/EUR FORWARD                                                 | CUSIP: 000000000<br>LEI: FOR8UP27PHTHYVLBNG30 | N/A              | DFE              | CORP              | US        |         1 | NC      | $-129596.82   | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Steel Dynamics, Inc.                             | Steel Dynamics, Inc. COM                                        | CUSIP: 858119100<br>LEI: 549300HGGKEL4FYTTQ83 | Long             | EC               | CORP              | US        |     10110 | NS      | $1819800.00   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Marsh & McLennan Companies, Inc.                 | Marsh & McLennan Companies, Inc. COM                            | CUSIP: 571748102<br>LEI: 549300XMP3KDCKJXIU47 | Long             | EC               | CORP              | US        |    115609 | NS      | $20052381.05  | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Norfolk Southern Corporation                     | Norfolk Southern Corporation COM                                | CUSIP: 655844108<br>LEI: 54930036C8MWP850MI84 | Long             | EC               | CORP              | US        |     36644 | NS      | $10516828.00  | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Centene Corp.                                    | Centene Corp. COM                                               | CUSIP: 15135B101<br>LEI: 549300Z7JJ4TQSQGT333 | Long             | EC               | CORP              | US        |      9200 | NS      | $301208.00    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| American Water Works Company, Inc.               | American Water Works Company, Inc. COM                          | CUSIP: 030420103<br>LEI: 549300DXHIJQMD5WFW18 | Long             | EC               | CORP              | US        |     44543 | NS      | $6061856.87   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Cummins Inc.                                     | Cummins Inc. COM                                                | CUSIP: 231021106<br>LEI: ZUNI8PYC725B6H8JU438 | Long             | EC               | CORP              | US        |     14173 | NS      | $7625357.46   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Advanced Micro Devices Inc.                      | Advanced Micro Devices Inc. COM                                 | CUSIP: 007903107<br>LEI: R2I72C950HOYXII45366 | Long             | EC               | CORP              | US        |     24697 | NS      | $5024110.71   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Vornado Realty Trust                             | Vornado Realty Trust SH BEN INT                                 | CUSIP: 929042109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    236303 | NS      | $6141514.97   | 0.16%             |  |  |  | No            |                  1 | On Loan: —       |
| Keurig Dr Pepper Inc                             | Keurig Dr Pepper Inc COM                                        | CUSIP: 49271V100<br>LEI: DYTQ8KRTKO7Y2BVU5K74 | Long             | EC               | CORP              | US        |     49578 | NS      | $1305388.74   | 0.04%             |  |  |  | No            |                  1 | On Loan: —       |
| Vertex Pharmaceuticals Incorporated              | Vertex Pharmaceuticals Incorporated COM                         | CUSIP: 92532F100<br>LEI: 54930015RAQRRZ5ZGJ91 | Long             | EC               | CORP              | US        |     17939 | NS      | $8010481.06   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Aptiv PLC                                        | Aptiv PLC COM SHS                                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JE        |     35272 | NS      | $2449287.68   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Medtronic PLC                                    | Medtronic PLC USD0.0001                                         | CUSIP: 000000000<br>LEI: 549300GX3ZBSQWUXY261 | Long             | EC               | CORP              | IE        |    144848 | NS      | $12551079.20  | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Equipmentshare Com Inc.                          | Equipmentshare Com Inc. COM CL A                                | CUSIP: 29445S100<br>LEI: 254900PWJK48CGPKPI80 | Long             | EC               | CORP              | US        |     70301 | NS      | $1432031.37   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Marvell Technology Inc                           | Marvell Technology Inc COM                                      | CUSIP: 573874104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    154020 | NS      | $15255681.00  | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| RTX Corp.                                        | RTX Corp. COM                                                   | CUSIP: 75513E101<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | EC               | CORP              | US        |    271068 | NS      | $52289017.20  | 1.40%             |  |  |  | No            |                  1 | On Loan: No      |
| O'Reilly Automotive Inc.                         | O'Reilly Automotive Inc. COM                                    | CUSIP: 67103H107<br>LEI: 549300K2RLMQL149Q332 | Long             | EC               | CORP              | US        |    110074 | NS      | $10160930.94  | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Reinsurance Group of America, Incorporated       | Reinsurance Group of America, Incorporated COM NEW              | CUSIP: 759351604<br>LEI: LORM1GNEU1DKEW527V90 | Long             | EC               | CORP              | US        |      1463 | NS      | $298686.08    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Garmin Ltd                                       | Garmin Ltd COM CHF10.00                                         | CUSIP: 000000000<br>LEI: 2549001E0HIPIJQ0W046 | Long             | EC               | CORP              | CH        |      7775 | NS      | $1803877.75   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Baker Hughes Company                             | Baker Hughes Company CL A                                       | CUSIP: 05722G100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    129924 | NS      | $7931860.20   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| MORGAN STANLEY & CO. LLC                         | USD/DKK FORWARD                                                 | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DFE              | CORP              | US        |         1 | NC      | $-39118.18    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| The Kroger Co.                                   | The Kroger Co. COM                                              | CUSIP: 501044101<br>LEI: 6CPEOKI6OYJ13Q6O7870 | Long             | EC               | CORP              | US        |    247664 | NS      | $17920967.04  | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Stryker Corporation                              | Stryker Corporation COM                                         | CUSIP: 863667101<br>LEI: 5493002F0SC4JTBU5137 | Long             | EC               | CORP              | US        |      4004 | NS      | $1315674.36   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Magna International Inc                          | Magna International Inc COM                                     | CUSIP: 559222401<br>LEI: 95RWVLFZX6VGDZNNTN43 | Long             | EC               | CORP              | CA        |    118460 | NS      | $6611252.60   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Toll Brothers, Inc.                              | Toll Brothers, Inc. COM                                         | CUSIP: 889478103<br>LEI: 529900JB6IS9MSZGVR44 | Long             | EC               | CORP              | US        |      7612 | NS      | $1038809.64   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Molina Healthcare, Inc.                          | Molina Healthcare, Inc. COM                                     | CUSIP: 60855R100<br>LEI: 549300NQQCEQ46YHZ591 | Long             | EC               | CORP              | US        |      3000 | NS      | $399900.00    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Home Depot Inc.                                  | Home Depot Inc. COM                                             | CUSIP: 437076102<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | EC               | CORP              | US        |     30727 | NS      | $10105803.03  | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Southwest Airlines Co.                           | Southwest Airlines Co. COM                                      | CUSIP: 844741108<br>LEI: UDTZ87G0STFETI6HGH41 | Long             | EC               | CORP              | US        |    603975 | NS      | $22691340.75  | 0.61%             |  |  |  | No            |                  1 | On Loan: —       |
| Parker-Hannifin Corp.                            | Parker-Hannifin Corp. COM                                       | CUSIP: 701094104<br>LEI: 5493002CONDB4N2HKI23 | Long             | EC               | CORP              | US        |     20739 | NS      | $18566382.36  | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Trimble Inc                                      | Trimble Inc COM                                                 | CUSIP: 896239100<br>LEI: 549300E2MI7NSZFQWS19 | Long             | EC               | CORP              | US        |      8216 | NS      | $535929.68    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Kinder Morgan, Inc.                              | Kinder Morgan, Inc. COM                                         | CUSIP: 49456B101<br>LEI: 549300WR7IX8XE0TBO16 | Long             | EC               | CORP              | US        |     95768 | NS      | $3211101.04   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Uber Technologies Inc                            | Uber Technologies Inc COM                                       | CUSIP: 90353T100<br>LEI: 549300B2FTG34FILDR98 | Long             | EC               | CORP              | US        |     39726 | NS      | $2857491.18   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Citigroup Inc.                                   | Citigroup Inc. COM NEW                                          | CUSIP: 172967424<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | EC               | CORP              | US        |    589489 | NS      | $66853947.49  | 1.80%             |  |  |  | No            |                  1 | On Loan: No      |
| The Allstate Corporation                         | The Allstate Corporation COM                                    | CUSIP: 020002101<br>LEI: OBT0W1ED8G0NWVOLOJ77 | Long             | EC               | CORP              | US        |    103994 | NS      | $21562115.96  | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Hyatt Hotels Corporation                         | Hyatt Hotels Corporation COM CL A                               | CUSIP: 448579102<br>LEI: T27JQIMTYSH41TCD5186 | Long             | EC               | CORP              | US        |      1122 | NS      | $161332.38    | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Owens Corning                                    | Owens Corning COM                                               | CUSIP: 690742101<br>LEI: JO5M6676RDJIZ2U8X907 | Long             | EC               | CORP              | US        |      9300 | NS      | $1006446.00   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Telefonaktiebolaget LM Ericsson (publ)           | Telefonaktiebolaget LM Ericsson (publ) ADR B SEK 10             | CUSIP: 294821608<br>LEI: 549300W9JLPW15XIFM52 | Long             | EC               | CORP              | SE        |    809742 | NS      | $9125792.34   | 0.25%             |  |  |  | No            |                  1 | On Loan: —       |
| Chubb Ltd. Switzerland                           | Chubb Ltd. Switzerland ORD CHF24.15                             | CUSIP: 000000000<br>LEI: E0JAN6VLUDI1HITHT809 | Long             | EC               | CORP              | CH        |     12679 | NS      | $4132466.47   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| CF Industries Holdings, Inc.                     | CF Industries Holdings, Inc. COM                                | CUSIP: 125269100<br>LEI: 529900CG8YAQFZ2JMV97 | Long             | EC               | CORP              | US        |     15106 | NS      | $1961363.04   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Huntington Bancshares Incorporated               | Huntington Bancshares Incorporated COM                          | CUSIP: 446150104<br>LEI: 549300XTVCVV9I7B5T19 | Long             | EC               | CORP              | US        |    303244 | NS      | $4745768.60   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Williams Companies Inc. (The)                    | Williams Companies Inc. (The) COM                               | CUSIP: 969457100<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | EC               | CORP              | US        |      6360 | NS      | $462880.80    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Kenvue Inc.                                      | Kenvue Inc. COM                                                 | CUSIP: 49177J102<br>LEI: 5493008HSF8L4M2LIJ82 | Long             | EC               | CORP              | US        |    197795 | NS      | $3409985.80   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Saia Inc                                         | Saia Inc COM                                                    | CUSIP: 78709Y105<br>LEI: 549300WNPG4N9GBOYB29 | Long             | EC               | CORP              | US        |      7105 | NS      | $2495844.40   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Booz Allen Hamilton Holding Corp.                | Booz Allen Hamilton Holding Corp. CL A                          | CUSIP: 099502106<br>LEI: 529900JPV47PIUWMA015 | Long             | EC               | CORP              | US        |     44332 | NS      | $3459225.96   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| United Parcel Service, Inc.                      | United Parcel Service, Inc. CL B                                | CUSIP: 911312106<br>LEI: D01LMJZU09ULLNCY6Z23 | Long             | EC               | CORP              | US        |      7417 | NS      | $729684.46    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Globalfoundries Inc                              | Globalfoundries Inc ORDINARY SHARES                             | CUSIP: 000000000<br>LEI: 549300BA76VK784VMX48 | Long             | EC               | CORP              | KY        |      6100 | NS      | $271328.00    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| James Hardie Industries PLC                      | James Hardie Industries PLC COM EUR0.59                         | CUSIP: 000000000<br>LEI: 635400NSGXKTVOO7JU45 | Long             | EC               | CORP              | IE        |    146267 | NS      | $2770296.98   | 0.07%             |  |  |  | No            |                  1 | On Loan: —       |
| Linde PLC                                        | Linde PLC COM EUR0.001                                          | CUSIP: 000000000<br>LEI: 5299003QR1WT0EF88V51 | Long             | EC               | CORP              | IE        |     43674 | NS      | $21651822.24  | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Ionis Pharmaceuticals, Inc.                      | Ionis Pharmaceuticals, Inc. COM                                 | CUSIP: 462222100<br>LEI: 549300SI4ZGLG0BLUZ92 | Long             | EC               | CORP              | US        |     19724 | NS      | $1481075.16   | 0.04%             |  |  |  | No            |                  1 | On Loan: —       |
| IQVIA Holdings Inc.                              | IQVIA Holdings Inc. COM                                         | CUSIP: 46266C105<br>LEI: 549300W3R20NM4KQPH86 | Long             | EC               | CORP              | US        |     23932 | NS      | $4081363.28   | 0.11%             |  |  |  | No            |                  1 | On Loan: —       |
| The Chemours Company LLC                         | The Chemours Company LLC COM                                    | CUSIP: 163851108<br>LEI: 549300M1BOLNXL8DOV14 | Long             | EC               | CORP              | US        |    151822 | NS      | $3344638.66   | 0.09%             |  |  |  | No            |                  1 | On Loan: —       |
| Servicenow Inc                                   | Servicenow Inc COM                                              | CUSIP: 81762P102<br>LEI: 549300HJTQM36M0E1G39 | Long             | EC               | CORP              | US        |     65573 | NS      | $6855657.15   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| PRUDENTIAL INVESTMENT PORTFOLIOS 9               | Prudential Investment Portfolios 2 PGIM INSTL MONEY             | CUSIP: 74440E300<br>LEI: 5493006TC8ECBK1GPV34 | Long             | EC               | RF                | US        | 277868872 | NS      | $277674363.62 | 7.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Tyson Foods, Inc.                                | Tyson Foods, Inc. CL A                                          | CUSIP: 902494103<br>LEI: WD6L6041MNRW1JE49D58 | Long             | EC               | CORP              | US        |     10400 | NS      | $666328.00    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| First Solar Inc                                  | First Solar Inc COM                                             | CUSIP: 336433107<br>LEI: 549300NPYMLM4NHTOF27 | Long             | EC               | CORP              | US        |      7428 | NS      | $1465247.28   | 0.04%             |  |  |  | No            |                  1 | On Loan: —       |
| CNH INDUSTRIAL NV                                | CNH Industrial N.V. COM EUR0.01                                 | CUSIP: 000000000<br>LEI: 549300WGC2HZ5J67V817 | Long             | EC               | CORP              | NL        |    606963 | NS      | $6676593.00   | 0.18%             |  |  |  | No            |                  1 | On Loan: —       |
| Archer-Daniels-Midland Co.                       | Archer-Daniels-Midland Co. COM                                  | CUSIP: 039483102<br>LEI: 549300LO13MQ9HYSTR83 | Long             | EC               | CORP              | US        |      9100 | NS      | $661479.00    | 0.02%             |  |  |  | No            |                  1 | On Loan: —       |
| Westlake Corporation                             | Westlake Corporation COM                                        | CUSIP: 960413102<br>LEI: GOXNEVUM0LL78B1OS344 | Long             | EC               | CORP              | US        |      3200 | NS      | $373824.00    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Cisco Systems, Inc.                              | Cisco Systems, Inc. COM                                         | CUSIP: 17275R102<br>LEI: 549300LKFJ962MZ46593 | Long             | EC               | CORP              | US        |    625039 | NS      | $48496776.01  | 1.30%             |  |  |  | No            |                  1 | On Loan: No      |
| CSX Corporation                                  | CSX Corporation COM                                             | CUSIP: 126408103<br>LEI: 549300JVQR4N1MMP3Q88 | Long             | EC               | CORP              | US        |     68546 | NS      | $2813813.30   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| NOV Inc.                                         | NOV Inc. COM                                                    | CUSIP: 62955J103<br>LEI: 549300EHF3IW1AR6U008 | Long             | EC               | CORP              | US        |    166684 | NS      | $3135326.04   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| East West Bancorp Inc                            | East West Bancorp Inc COM                                       | CUSIP: 27579R104<br>LEI: 254900O4X656YXFOYB11 | Long             | EC               | CORP              | US        |      4219 | NS      | $450420.44    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| KeyCorp                                          | KeyCorp COM                                                     | CUSIP: 493267108<br>LEI: RKPI3RZGV1V1FJTH5T61 | Long             | EC               | CORP              | US        |     34600 | NS      | $693730.00    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Philip Morris International Inc.                 | Philip Morris International Inc. COM                            | CUSIP: 718172109<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | EC               | CORP              | US        |    240898 | NS      | $39830075.32  | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| MORGAN STANLEY & CO. LLC                         | EUR/USD FORWARD                                                 | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DFE              | CORP              | US        |         1 | NC      | $10975.44     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| M&T Bank Corporation                             | M&T Bank Corporation COM                                        | CUSIP: 55261F104<br>LEI: 549300WYXDDBYRASEG81 | Long             | EC               | CORP              | US        |      5800 | NS      | $1198976.00   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| The Cigna Group                                  | The Cigna Group COM                                             | CUSIP: 125523100<br>LEI: 549300VIWYMSIGT1U456 | Long             | EC               | CORP              | US        |     26533 | NS      | $7077677.75   | 0.19%             |  |  |  | No            |                  1 | On Loan: —       |
| AstraZeneca PLC                                  | AstraZeneca PLC ORD USD0.25                                     | CUSIP: 000000000<br>LEI: PY6ZZQWO2IZFZC3IOL08 | Long             | EC               | CORP              | GB        |    143598 | NS      | $28320397.56  | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Idex Corporation                                 | Idex Corporation COM                                            | CUSIP: 45167R104<br>LEI: 549300U5Y5EL6PHYLF13 | Long             | EC               | CORP              | US        |      5170 | NS      | $979973.50    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Sanofi SA                                        | Sanofi SA EUR2                                                  | CUSIP: 000000000<br>LEI: 549300E9PC51EN656011 | Long             | EC               | CORP              | FR        |    163502 | NS      | $15789360.09  | 0.42%             |  |  |  | No            |                  2 | On Loan: No      |
| XPO Inc                                          | XPO Inc COM                                                     | CUSIP: 983793100<br>LEI: 54930096DB9LCLPN7H13 | Long             | EC               | CORP              | US        |    107148 | NS      | $20845643.40  | 0.56%             |  |  |  | No            |                  1 | On Loan: —       |
| Delta Air Lines Inc.                             | Delta Air Lines Inc. COM NEW                                    | CUSIP: 247361702<br>LEI: Q2CCMS6R0AS67HJMBN42 | Long             | EC               | CORP              | US        |     69200 | NS      | $4600416.00   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Viatris Inc                                      | Viatris Inc COM                                                 | CUSIP: 92556V106<br>LEI: 254900ZZTSW7NL773X71 | Long             | EC               | CORP              | US        |     31225 | NS      | $421849.75    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Incyte Corporation.                              | Incyte Corporation. COM                                         | CUSIP: 45337C102<br>LEI: 549300Z4WN6JVZ3T4680 | Long             | EC               | CORP              | US        |      4495 | NS      | $423069.40    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Lennar Corp.                                     | Lennar Corp. CL A                                               | CUSIP: 526057104<br>LEI: 529900G61XVRLX5TJX09 | Long             | EC               | CORP              | US        |      8396 | NS      | $729108.64    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Coterra Energy Inc                               | Coterra Energy Inc COM                                          | CUSIP: 127097103<br>LEI: FCNMH6O7VWU7LHXMK351 | Long             | EC               | CORP              | US        |     40700 | NS      | $1430198.00   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Paccar Inc                                       | Paccar Inc COM                                                  | CUSIP: 693718108<br>LEI: KDTEY8BWE486IKZ3CC07 | Long             | EC               | CORP              | US        |     61463 | NS      | $7098976.50   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Equifax Inc.                                     | Equifax Inc. COM                                                | CUSIP: 294429105<br>LEI: 5493004MCF8JDC86VS77 | Long             | EC               | CORP              | US        |      4062 | NS      | $731444.34    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Align Technology Inc.                            | Align Technology Inc. COM                                       | CUSIP: 016255101<br>LEI: 549300N5YSE0U3LCP840 | Long             | EC               | CORP              | US        |      2600 | NS      | $445718.00    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| LyondellBasell Industries NV                     | LyondellBasell Industries NV COM EUR0.04 CLASS 'A'              | CUSIP: 000000000<br>LEI: BN6WCCZ8OVP3ITUUVN49 | Long             | EC               | CORP              | NL        |     55439 | NS      | $4466165.84   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Hubbell Incorporated                             | Hubbell Incorporated COM                                        | CUSIP: 443510607<br>LEI: 54930088VDQ6840Y6597 | Long             | EC               | CORP              | US        |       310 | NS      | $152129.40    | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Blackrock Inc.                                   | Blackrock Inc. COM                                              | CUSIP: 09290D101<br>LEI: 529900VBK42Y5HHRMD23 | Long             | EC               | CORP              | US        |     14386 | NS      | $13835160.06  | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Salesforce Inc.                                  | Salesforce Inc. COM                                             | CUSIP: 79466L302<br>LEI: RCGZFPDMRW58VJ54VR07 | Long             | EC               | CORP              | US        |     63533 | NS      | $11859705.11  | 0.32%             |  |  |  | No            |                  1 | On Loan: —       |
| Hilton Worldwide Holdings Inc                    | Hilton Worldwide Holdings Inc COM                               | CUSIP: 43300A203<br>LEI: 549300HVGPK36ICB0B89 | Long             | EC               | CORP              | US        |     55014 | NS      | $16728657.12  | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Ametek, Inc.                                     | Ametek, Inc. COM                                                | CUSIP: 031100100<br>LEI: 549300WZDEF9KKE40E98 | Long             | EC               | CORP              | US        |     15653 | NS      | $3355377.08   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| The Procter & Gamble Co.                         | The Procter & Gamble Co. COM                                    | CUSIP: 742718109<br>LEI: 2572IBTT8CCZW6AU4141 | Long             | EC               | CORP              | US        |    267518 | NS      | $38640299.92  | 1.04%             |  |  |  | No            |                  1 | On Loan: —       |
| Otis Worldwide Corp.                             | Otis Worldwide Corp. COM                                        | CUSIP: 68902V107<br>LEI: 549300ZLBKR8VSU25153 | Long             | EC               | CORP              | US        |    179533 | NS      | $13838403.64  | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Haleon PLC                                       | Haleon PLC SPON ADS                                             | CUSIP: 405552100<br>LEI: 549300PSB3WWEODCUP19 | Long             | EC               | CORP              | GB        |   1050275 | NS      | $10513252.75  | 0.28%             |  |  |  | No            |                  1 | On Loan: —       |
| Builders Firstsource, Inc.                       | Builders Firstsource, Inc. COM                                  | CUSIP: 12008R107<br>LEI: 549300W0SKP6L3H7DP63 | Long             | EC               | CORP              | US        |     12173 | NS      | $1002203.09   | 0.03%             |  |  |  | No            |                  1 | On Loan: —       |
| Ball Corporation                                 | Ball Corporation COM                                            | CUSIP: 058498106<br>LEI: 0BGI85ALH27ZJP15DY16 | Long             | EC               | CORP              | US        |    153603 | NS      | $9079473.33   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Shell PLC                                        | Shell PLC ORD EUR0.07                                           | CUSIP: 000000000<br>LEI: 21380068P1DRHMJ8KU70 | Long             | EC               | CORP              | GB        |    401108 | NS      | $18756258.70  | 0.50%             |  |  |  | No            |                  2 | On Loan: No      |
| Xylem, Inc.                                      | Xylem, Inc. COM                                                 | CUSIP: 98419M100<br>LEI: 549300DF5MV96DRYLQ48 | Long             | EC               | CORP              | US        |      9201 | NS      | $1099519.50   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| NVR Inc                                          | NVR Inc COM                                                     | CUSIP: 62944T105<br>LEI: 529900RWXR4JI3JYTV70 | Long             | EC               | CORP              | US        |        77 | NS      | $507416.91    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Booking Holdings Inc                             | Booking Holdings Inc COM                                        | CUSIP: 09857L108<br>LEI: FXM8FAOHMYDIPD38UZ17 | Long             | EC               | CORP              | US        |      1850 | NS      | $7789092.00   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| VERSANT MEDIA GROUP INC                          | Versant Media Group Inc. COM CL A                               | CUSIP: 925283103<br>LEI: 254900D2Q5F5F229PU30 | Long             | EC               | CORP              | US        |      7594 | NS      | $281129.88    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| ON Semiconductor Corp.                           | ON Semiconductor Corp. COM                                      | CUSIP: 682189105<br>LEI: ZV20P4CNJVT8V1ZGJ064 | Long             | EC               | CORP              | US        |     15222 | NS      | $942546.24    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Motorola Solutions Inc                           | Motorola Solutions Inc COM NEW                                  | CUSIP: 620076307<br>LEI: 6S552MUG6KGJVEBSEC55 | Long             | EC               | CORP              | US        |     30093 | NS      | $13059459.21  | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| United States Treasury Bills                     | B 0 07/16/26                                                    | CUSIP: 912797TN7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1000000 | PA      | $989453.85    | 0.03%             | 2026-07-16      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| QUALCOMM Inc.                                    | QUALCOMM Inc. COM                                               | CUSIP: 747525103<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | EC               | CORP              | US        |     59243 | NS      | $7629313.54   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Republic Services, Inc.                          | Republic Services, Inc. COM                                     | CUSIP: 760759100<br>LEI: NKNQHM6BLECKVOQP7O46 | Long             | EC               | CORP              | US        |     22292 | NS      | $4882393.84   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| CARNIVAL CORP                                    | Carnival Corporation COMMON STOCK                               | CUSIP: 143658300<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | EC               | CORP              | PA        |     94123 | NS      | $2435903.24   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Corpay Inc                                       | Corpay Inc COM SHS                                              | CUSIP: 219948106<br>LEI: 549300DG6RR0NQSFLN74 | Long             | EC               | CORP              | US        |      7238 | NS      | $2106185.62   | 0.06%             |  |  |  | No            |                  1 | On Loan: —       |
| Teledyne Technologies Inc                        | Teledyne Technologies Inc COM                                   | CUSIP: 879360105<br>LEI: 549300VSMO9KYQWDND94 | Long             | EC               | CORP              | US        |      1601 | NS      | $968621.01    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Elevance Health Inc.                             | Elevance Health Inc. COM                                        | CUSIP: 036752103<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | EC               | CORP              | US        |     42380 | NS      | $12406745.00  | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Albemarle Corp                                   | Albemarle Corp COM                                              | CUSIP: 012653101<br>LEI: HDBLS2Q6GV1LSKQPBS54 | Long             | EC               | CORP              | US        |     43152 | NS      | $7747078.56   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Nordson Corp                                     | Nordson Corp COM                                                | CUSIP: 655663102<br>LEI: 14OS6Q5N55N95WM84M53 | Long             | EC               | CORP              | US        |      2703 | NS      | $719160.18    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| The Charles Schwab Corporation                   | The Charles Schwab Corporation COM                              | CUSIP: 808513105<br>LEI: 549300VSGCJ7E698NM85 | Long             | EC               | CORP              | US        |    518815 | NS      | $48758233.70  | 1.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Casey'S General Stores Inc.                      | Casey'S General Stores Inc. COM                                 | CUSIP: 147528103<br>LEI: 549300CAFWSI86V66Q65 | Long             | EC               | CORP              | US        |      3794 | NS      | $2761500.84   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| McCormick & Company, Incorporated                | McCormick & Company, Incorporated COM NON VTG                   | CUSIP: 579780206<br>LEI: 549300JQQA6MQ4OJP259 | Long             | EC               | CORP              | US        |     17171 | NS      | $866105.24    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Corteva Inc                                      | Corteva Inc COM                                                 | CUSIP: 22052L104<br>LEI: 549300WZN9I2QKLS0O94 | Long             | EC               | CORP              | US        |    296352 | NS      | $24807625.92  | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Deere & Company                                  | Deere & Company COM                                             | CUSIP: 244199105<br>LEI: PWFTNG3EI0Y73OXWDH08 | Long             | EC               | CORP              | US        |     32125 | NS      | $18096012.50  | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Regions Financial Corporation                    | Regions Financial Corporation COM                               | CUSIP: 7591EP100<br>LEI: CW05CS5KW59QTC0DG824 | Long             | EC               | CORP              | US        |     31400 | NS      | $820168.00    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Taiwan Semiconductor Manufacturing Co., Ltd.     | Taiwan Semiconductor Manufacturing Co., Ltd. SPONSORED ADS      | CUSIP: 874039100<br>LEI: 549300KB6NK5SBD14S87 | Long             | EC               | CORP              | TW        |     48147 | NS      | $16271278.65  | 0.44%             |  |  |  | No            |                  1 | On Loan: —       |
| Royalty Pharma PLC                               | Royalty Pharma PLC COM USD0.0001 CLASS A                        | CUSIP: 000000000<br>LEI: 549300FGFN7VOK8BZR03 | Long             | EC               | CORP              | GB        |     14882 | NS      | $713889.54    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Gallagher Aj &Co                                 | Gallagher Aj &Co COM                                            | CUSIP: 363576109<br>LEI: 54930049QLLMPART6V29 | Long             | EC               | CORP              | US        |     28029 | NS      | $6070520.82   | 0.16%             |  |  |  | No            |                  1 | On Loan: —       |
| Dow Inc                                          | Dow Inc COM                                                     | CUSIP: 260557103<br>LEI: 5493003S21INSLK2IP73 | Long             | EC               | CORP              | US        |     27345 | NS      | $1138919.25   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| UnitedHealth Group Inc.                          | UnitedHealth Group Inc. COM                                     | CUSIP: 91324P102<br>LEI: 549300GHBMY8T5GXDE41 | Long             | EC               | CORP              | US        |    176719 | NS      | $47818394.21  | 1.28%             |  |  |  | No            |                  1 | On Loan: No      |
| APA Corp.                                        | APA Corp. COM                                                   | CUSIP: 03743Q108<br>LEI: 549300VCIWLRHYVSHC79 | Long             | EC               | CORP              | US        |    341102 | NS      | $14476368.88  | 0.39%             |  |  |  | No            |                  1 | On Loan: —       |
| Copart Inc                                       | Copart Inc COM                                                  | CUSIP: 217204106<br>LEI: 549300KVYX3JWMYEHU61 | Long             | EC               | CORP              | US        |      2333 | NS      | $77455.60     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Fox Corporation                                  | Fox Corporation CL B COM                                        | CUSIP: 35137L204<br>LEI: 549300DDU6FDRBIELS05 | Long             | EC               | CORP              | US        |     17427 | NS      | $925373.70    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Berkshire Hathaway Inc.                          | Berkshire Hathaway Inc. CL B NEW                                | CUSIP: 084670702<br>LEI: 5493000C01ZX7D35SD85 | Long             | EC               | CORP              | US        |    111122 | NS      | $53249662.40  | 1.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Yum! Brands Inc.                                 | Yum! Brands Inc. COM                                            | CUSIP: 988498101<br>LEI: 549300JE8XHZZ7OHN517 | Long             | EC               | CORP              | US        |     18704 | NS      | $2908097.92   | 0.08%             |  |  |  | No            |                  1 | On Loan: —       |
| Amrize Ltd.                                      | Amrize Ltd. USD0.01                                             | CUSIP: 000000000<br>LEI: 529900SLCCO6K43P8146 | Long             | EC               | CORP              | CH        |     38755 | NS      | $2171055.10   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Global Payments Inc                              | Global Payments Inc COM                                         | CUSIP: 37940X102<br>LEI: 549300NOMHGVQBX6S778 | Long             | EC               | CORP              | US        |      8900 | NS      | $598970.00    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| United Rentals, Inc.                             | United Rentals, Inc. COM                                        | CUSIP: 911363109<br>LEI: 5323X5O7RN0NKFCDRY08 | Long             | EC               | CORP              | US        |     19290 | NS      | $14053922.40  | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Microsoft Corp.                                  | Microsoft Corp. COM                                             | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |     96830 | NS      | $35843561.10  | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| W.R. Berkley Corporation                         | W.R. Berkley Corporation COM                                    | CUSIP: 084423102<br>LEI: SQOAGCLKBDWNVYV1OV80 | Long             | EC               | CORP              | US        |     20386 | NS      | $1351184.08   | 0.04%             |  |  |  | No            |                  1 | On Loan: —       |
| Flutter Entertainment PLC                        | Flutter Entertainment PLC ORD EUR0.09 (DI)                      | CUSIP: 000000000<br>LEI: 635400EG4YIJLJMZJ782 | Long             | EC               | CORP              | IE        |      3146 | NS      | $320734.70    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| SLB LTD                                          | SLB Ltd. COM STK                                                | CUSIP: 806857108<br>LEI: 213800ZUA17OK3QLGM62 | Long             | EC               | CORP              | CW        |    174412 | NS      | $8963032.68   | 0.24%             |  |  |  | No            |                  1 | On Loan: —       |
| General Mills, Inc.                              | General Mills, Inc. COM                                         | CUSIP: 370334104<br>LEI: 2TGYMUGI08PO8X8L6150 | Long             | EC               | CORP              | US        |     56686 | NS      | $2109852.92   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Loews Corporation                                | Loews Corporation COM                                           | CUSIP: 540424108<br>LEI: R8V1FN4M5ITGZOG7BS19 | Long             | EC               | CORP              | US        |      7421 | NS      | $792117.54    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Mid-America Apartment Communities, Inc.          | Mid-America Apartment Communities, Inc. COM                     | CUSIP: 59522J103<br>LEI: 549300FQZKFR5YNSHZ21 | Long             | EC               | CORP              | US        |     39392 | NS      | $4810551.04   | 0.13%             |  |  |  | No            |                  1 | On Loan: —       |
| Smurfit WestRock plc                             | Smurfit WestRock plc COM USD0.001                               | CUSIP: 000000000<br>LEI: 635400EGSEOPDW2EXS14 | Long             | EC               | CORP              | IE        |     35739 | NS      | $1424199.15   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Bristol-Myers Squibb Company                     | Bristol-Myers Squibb Company COM                                | CUSIP: 110122108<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | EC               | CORP              | US        |    167046 | NS      | $10131339.90  | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| TD Synnex Corp                                   | TD Synnex Corp COM                                              | CUSIP: 87162W100<br>LEI: 5493004HI6PFLF46NS53 | Long             | EC               | CORP              | US        |     25166 | NS      | $4245755.86   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Cincinnati Financial Corporation                 | Cincinnati Financial Corporation COM                            | CUSIP: 172062101<br>LEI: 254900Q4WEDMZBOZ0002 | Long             | EC               | CORP              | US        |      5205 | NS      | $819006.75    | 0.02%             |  |  |  | No            |                  1 | On Loan: —       |
| Newmont Corporation                              | Newmont Corporation COM                                         | CUSIP: 651639106<br>LEI: 549300VSP3RIX7FGDZ51 | Long             | EC               | CORP              | US        |     61353 | NS      | $6641462.25   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| United Airlines Holdings Inc                     | United Airlines Holdings Inc COM                                | CUSIP: 910047109<br>LEI: 98450079DA0B78DD6764 | Long             | EC               | CORP              | US        |     35100 | NS      | $3231657.00   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Everest Group Ltd                                | Everest Group Ltd COM USD0.01                                   | CUSIP: 000000000<br>LEI: 549300N24XF2VV0B3570 | Long             | EC               | CORP              | BM        |      1400 | NS      | $457590.00    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| US Foods Holding Corp                            | US Foods Holding Corp COM                                       | CUSIP: 912008109<br>LEI: 549300UGOZSO64CFPR97 | Long             | EC               | CORP              | US        |     23845 | NS      | $2198747.45   | 0.06%             |  |  |  | No            |                  1 | On Loan: —       |
| Dominion Energy Inc                              | Dominion Energy Inc COM                                         | CUSIP: 25746U109<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | EC               | CORP              | US        |    250021 | NS      | $15456298.22  | 0.42%             |  |  |  | No            |                  1 | On Loan: —       |
| Kontoor Brands Inc                               | Kontoor Brands Inc COM                                          | CUSIP: 50050N103<br>LEI: 549300M0CPXV65RFF271 | Long             | EC               | CORP              | US        |     76454 | NS      | $5373951.66   | 0.14%             |  |  |  | No            |                  1 | On Loan: —       |
| The Hartford Insurance Group Inc.                | The Hartford Insurance Group Inc. COM                           | CUSIP: 416515104<br>LEI: IU7C3FTM7Y3BQM112U94 | Long             | EC               | CORP              | US        |     45460 | NS      | $6147555.80   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Intercontinental Exchange Inc                    | Intercontinental Exchange Inc COM                               | CUSIP: 45866F104<br>LEI: 5493000F4ZO33MV32P92 | Long             | EC               | CORP              | US        |     27679 | NS      | $4353353.12   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Freeport-McMoRan Inc.                            | Freeport-McMoRan Inc. CL B                                      | CUSIP: 35671D857<br>LEI: 549300IRDTHJQ1PVET45 | Long             | EC               | CORP              | US        |    436720 | NS      | $25670401.60  | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Fifth Third Bancorp                              | Fifth Third Bancorp COM                                         | CUSIP: 316773100<br>LEI: THRNG6BD57P9QWTQLG42 | Long             | EC               | CORP              | US        |    296717 | NS      | $13785471.82  | 0.37%             |  |  |  | No            |                  1 | On Loan: —       |
| Analog Devices Inc.                              | Analog Devices Inc. COM                                         | CUSIP: 032654105<br>LEI: GYVOE5EZ4GDAVTU4CQ61 | Long             | EC               | CORP              | US        |      8839 | NS      | $2812039.46   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Toast Inc                                        | Toast Inc CL A                                                  | CUSIP: 888787108<br>LEI: 549300TN1PZNLCD4I551 | Long             | EC               | CORP              | US        |    214242 | NS      | $5679555.42   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| CRH PLC                                          | CRH PLC ORD EUR 0.32                                            | CUSIP: 000000000<br>LEI: 549300MIDJNNTH068E74 | Long             | EC               | CORP              | IE        |    196639 | NS      | $20670691.68  | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| United Therapeutics Corporation                  | United Therapeutics Corporation COM                             | CUSIP: 91307C102<br>LEI: 5299005C4HZL4UWROC14 | Long             | EC               | CORP              | US        |      3022 | NS      | $1791985.56   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| FedEx Corporation                                | FedEx Corporation COM                                           | CUSIP: 31428X106<br>LEI: 549300E707U7WNPZN687 | Long             | EC               | CORP              | US        |    101690 | NS      | $36219944.20  | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Ralliant Corp.                                   | Ralliant Corp. COM                                              | CUSIP: 750940108<br>LEI: 52990024QKO4DYT8N464 | Long             | EC               | CORP              | US        |      4047 | NS      | $168314.73    | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Huntington Ingalls Industries, Inc.              | Huntington Ingalls Industries, Inc. COM                         | CUSIP: 446413106<br>LEI: 5TZLZ6WJTBVJ0QWBG121 | Long             | EC               | CORP              | US        |      5894 | NS      | $2239130.60   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Sempra                                           | Sempra COM                                                      | CUSIP: 816851109<br>LEI: PBBKGKLRK5S5C0Y4T545 | Long             | EC               | CORP              | US        |    141655 | NS      | $13764616.35  | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Travelers Companies, Inc.                        | Travelers Companies, Inc. COM                                   | CUSIP: 89417E109<br>LEI: 549300Y650407RU8B149 | Long             | EC               | CORP              | US        |     74466 | NS      | $21720242.88  | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Costar Group Inc                                 | Costar Group Inc COM                                            | CUSIP: 22160N109<br>LEI: 984500Q1D53D08E2E698 | Long             | EC               | CORP              | US        |      7400 | NS      | $298516.00    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| GSK plc                                          | GSK plc SPONSORED ADR                                           | CUSIP: 37733W204<br>LEI: 5493000HZTVUYLO1D793 | Long             | EC               | CORP              | GB        |     58721 | NS      | $3240811.99   | 0.09%             |  |  |  | No            |                  1 | On Loan: —       |
| Becton, Dickinson and Company                    | Becton, Dickinson and Company COM                               | CUSIP: 075887109<br>LEI: ICE2EP6D98PQUILVRZ91 | Long             | EC               | CORP              | US        |    172064 | NS      | $27053622.72  | 0.73%             |  |  |  | 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        |    154687 | NS      | $4247705.02   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Block Inc                                        | Block Inc CL A                                                  | CUSIP: 852234103<br>LEI: 549300OHIIUWSTIZME52 | Long             | EC               | CORP              | US        |     18000 | NS      | $1083240.00   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| American International Group Inc.                | American International Group Inc. COM NEW                       | CUSIP: 026874784<br>LEI: ODVCVCQG2BP6VHV36M30 | Long             | EC               | CORP              | US        |    321970 | NS      | $24228242.50  | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| EPAM Systems Inc.                                | EPAM Systems Inc. COM                                           | CUSIP: 29414B104<br>LEI: 549300XCR4R530HJP604 | Long             | EC               | CORP              | US        |       784 | NS      | $106153.60    | 0.00%             |  |  |  | No            |                  1 | On Loan: —       |
| AERCAP HOLDINGS NV                               | AerCap Holdings N.V. EUR0.01                                    | CUSIP: 000000000<br>LEI: 549300SZYINBBLJQU475 | Long             | EC               | CORP              | NL        |     53260 | NS      | $7306206.80   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Novo Nordisk A/S                                 | Novo Nordisk A/S ADR                                            | CUSIP: 670100205<br>LEI: 549300DAQ1CVT6CXN342 | Long             | EC               | CORP              | DK        |    221808 | NS      | $8151444.00   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| PPL Corporation                                  | PPL Corporation COM                                             | CUSIP: 69351T106<br>LEI: 9N3UAJSNOUXFKQLF3V18 | Long             | EC               | CORP              | US        |    400308 | NS      | $15291765.60  | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Snap-On Incorporated                             | Snap-On Incorporated COM                                        | CUSIP: 833034101<br>LEI: HHWAT5TDOYZMM26KKQ73 | Long             | EC               | CORP              | US        |      5282 | NS      | $1918528.04   | 0.05%             |  |  |  | No            |                  1 | On Loan: —       |
| Akamai Technologies, Inc.                        | Akamai Technologies, Inc. COM                                   | CUSIP: 00971T101<br>LEI: OC1LZNN2LF5WTJ5RIL89 | Long             | EC               | CORP              | US        |      8100 | NS      | $930285.00    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Dollar Tree Inc                                  | Dollar Tree Inc COM                                             | CUSIP: 256746108<br>LEI: 549300PMSTQITB1WHR43 | Long             | EC               | CORP              | US        |     11500 | NS      | $1259365.00   | 0.03%             |  |  |  | No            |                  1 | On Loan: —       |
| Keysight Technologies, Inc.                      | Keysight Technologies, Inc. COM                                 | CUSIP: 49338L103<br>LEI: 549300GLKVIO8YRCYN02 | Long             | EC               | CORP              | US        |       999 | NS      | $282087.63    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| AMDOCS LTD                                       | Amdocs Limited ORD GBP0.01                                      | CUSIP: 000000000<br>LEI: 549300HQV672RJ7RQV66 | Long             | EC               | CORP              | GG        |     44436 | NS      | $2899893.36   | 0.08%             |  |  |  | No            |                  1 | On Loan: —       |
| Vulcan Materials Company                         | Vulcan Materials Company COM                                    | CUSIP: 929160109<br>LEI: 549300Q8LSNHAVWBNI21 | Long             | EC               | CORP              | US        |      9132 | NS      | $2486643.60   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Intuit Inc                                       | Intuit Inc COM                                                  | CUSIP: 461202103<br>LEI: VI90HBPH7XSFMB9E4M29 | Long             | EC               | CORP              | US        |      8376 | NS      | $3621614.88   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Walmart Inc                                      | Walmart Inc COM                                                 | CUSIP: 931142103<br>LEI: Y87794H0US1R65VBXU25 | Long             | EC               | CORP              | US        |    174372 | NS      | $21670952.16  | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Mondelez International Inc.                      | Mondelez International Inc. CL A                                | CUSIP: 609207105<br>LEI: 549300DV9GIB88LZ5P30 | Long             | EC               | CORP              | US        |    279134 | NS      | $16089283.76  | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| WPP PLC                                          | WPP PLC ADR                                                     | CUSIP: 92937A102<br>LEI: 549300LSGBXPYHXGDT93 | Long             | EC               | CORP              | JE        |    187180 | NS      | $2910649.00   | 0.08%             |  |  |  | No            |                  1 | On Loan: —       |
| Broadcom Inc                                     | Broadcom Inc COM                                                | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |     45454 | NS      | $14068467.54  | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Unum Group                                       | Unum Group COM                                                  | CUSIP: 91529Y106<br>LEI: 549300E32YFDO6TZ8R31 | Long             | EC               | CORP              | US        |     11897 | NS      | $868837.91    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| International Flavors & Fragrances Inc.          | International Flavors & Fragrances Inc. COM                     | CUSIP: 459506101<br>LEI: BZLRL03D3GPGMOGFO832 | Long             | EC               | CORP              | US        |      8741 | NS      | $634159.55    | 0.02%             |  |  |  | No            |                  1 | On Loan: —       |
| Capital One Financial Corp.                      | Capital One Financial Corp. COM                                 | CUSIP: 14040H105<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | EC               | CORP              | US        |    193813 | NS      | $35357305.59  | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Olin Corporation                                 | Olin Corporation COM PAR $1                                     | CUSIP: 680665205<br>LEI: 549300GKK294V7W57P06 | Long             | EC               | CORP              | US        |    167987 | NS      | $4994253.51   | 0.13%             |  |  |  | No            |                  1 | On Loan: —       |
| Alphabet Inc.                                    | Alphabet Inc. CAP STK CL A                                      | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |    246765 | NS      | $70959743.40  | 1.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Celanese Corporation                             | Celanese Corporation COM                                        | CUSIP: 150870103<br>LEI: 549300FHJQTDPPN41627 | Long             | EC               | CORP              | US        |     65713 | NS      | $4321944.01   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Eaton Corporation PLC                            | Eaton Corporation PLC COM USD0.01                               | CUSIP: 000000000<br>LEI: 549300VDIGTMXUNT7H71 | Long             | EC               | CORP              | IE        |      8904 | NS      | $3184693.68   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Boeing Co.                                       | Boeing Co. COM                                                  | CUSIP: 097023105<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | EC               | CORP              | US        |     32659 | NS      | $6500120.77   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| CITIBANK, NATIONAL ASSOCIATION                   | DKK/USD FORWARD                                                 | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DFE              | CORP              | US        |         1 | NC      | $38826.07     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| NextEra Energy Inc                               | NextEra Energy Inc COM                                          | CUSIP: 65339F101<br>LEI: 254900RHL9MEUS5NKX63 | Long             | EC               | CORP              | US        |    430992 | NS      | $40030536.96  | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Shell PLC                                        | Shell PLC SPON ADS                                              | CUSIP: 780259305<br>LEI: 21380068P1DRHMJ8KU70 | Long             | EC               | CORP              | GB        |     62073 | NS      | $5772789.00   | 0.16%             |  |  |  | No            |                  1 | On Loan: —       |
| Arch Capital Group Ltd.                          | Arch Capital Group Ltd. COM USD0.01                             | CUSIP: 000000000<br>LEI: 549300AYR4P8AFKDCE43 | Long             | EC               | CORP              | BM        |     24999 | NS      | $2399654.01   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Humana Inc.                                      | Humana Inc. COM                                                 | CUSIP: 444859102<br>LEI: 529900YLDW34GJAO4J06 | Long             | EC               | CORP              | US        |     30908 | NS      | $5359138.12   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Paypal Holdings Inc.                             | Paypal Holdings Inc. COM                                        | CUSIP: 70450Y103<br>LEI: 5493005X2GO78EFZ3E94 | Long             | EC               | CORP              | US        |     36753 | NS      | $1662338.19   | 0.04%             |  |  |  | No            |                  1 | On Loan: —       |
| Bank of America Corp.                            | Bank of America Corp. COM                                       | CUSIP: 060505104<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EC               | CORP              | US        |   1308098 | NS      | $63769777.50  | 1.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Visa Inc                                         | Visa Inc COM CL A                                               | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | EC               | CORP              | US        |     33642 | NS      | $10167958.08  | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Marathon Petroleum Corp.                         | Marathon Petroleum Corp. COM                                    | CUSIP: 56585A102<br>LEI: 3BNYRYQHD39K4LCKQF12 | Long             | EC               | CORP              | US        |     18300 | NS      | $4468494.00   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Johnson & Johnson                                | Johnson & Johnson COM                                           | CUSIP: 478160104<br>LEI: 549300G0CFPGEF6X2043 | Long             | EC               | CORP              | US        |    224247 | NS      | $54814936.68  | 1.47%             |  |  |  | No            |                  1 | On Loan: No      |
| CDW Corp                                         | CDW Corp COM                                                    | CUSIP: 12514G108<br>LEI: 9845001B052ABF0B6755 | Long             | EC               | CORP              | US        |     25900 | NS      | $3134418.00   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Corning Incorporated                             | Corning Incorporated COM                                        | CUSIP: 219350105<br>LEI: 549300X2937PB0CJ7I56 | Long             | EC               | CORP              | US        |     52223 | NS      | $7100761.31   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| United States Treasury Bills                     | B 0 04/23/26                                                    | CUSIP: 912797SM0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    450000 | PA      | $449001.84    | 0.01%             | 2026-04-23      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| PNC Financial Services Group Inc.                | PNC Financial Services Group Inc. COM                           | CUSIP: 693475105<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | EC               | CORP              | US        |    141468 | NS      | $29438076.12  | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| UDR Inc                                          | UDR Inc COM                                                     | CUSIP: 902653104<br>LEI: P3CH2EG5X6Z1XWU1OO74 | Long             | EC               | CORP              | US        |     42628 | NS      | $1439973.84   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| LIBERTY MEDIA CORP                               | Liberty Media Corp Del COM LBTY ONE S C                         | CUSIP: 531229755<br>LEI: 549300ZKUTPIBZLWLL89 | Long             | EC               | CORP              | US        |      7433 | NS      | $631953.66    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| The J M Smucker Company                          | The J M Smucker Company COM NEW                                 | CUSIP: 832696405<br>LEI: 5493000WDH6A0LHDJD55 | Long             | EC               | CORP              | US        |     31600 | NS      | $3047504.00   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Avantor Inc                                      | Avantor Inc COM                                                 | CUSIP: 05352A100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     24600 | NS      | $192864.00    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| MetLife Inc.                                     | MetLife Inc. COM                                                | CUSIP: 59156R108<br>LEI: C4BXATY60WC6XEOZDX54 | Long             | EC               | CORP              | US        |     53993 | NS      | $3818384.96   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Clean Harbors, Inc.                              | Clean Harbors, Inc. COM                                         | CUSIP: 184496107<br>LEI: 5493000SJVZVZJKHJF48 | Long             | EC               | CORP              | US        |      2886 | NS      | $827502.78    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| The Sherwin-Williams Company                     | The Sherwin-Williams Company COM                                | CUSIP: 824348106<br>LEI: Z15BMIOX8DDH0X2OBP21 | Long             | EC               | CORP              | US        |     36004 | NS      | $11541082.20  | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Eastman Chemical Company                         | Eastman Chemical Company COM                                    | CUSIP: 277432100<br>LEI: FDPVHDGJ1IQZFK9KH630 | Long             | EC               | CORP              | US        |     66032 | NS      | $5039562.24   | 0.14%             |  |  |  | No            |                  1 | On Loan: —       |
| Cognizant Technology Solutions Corp.             | Cognizant Technology Solutions Corp. CL A                       | CUSIP: 192446102<br>LEI: 5493006IEVQEFQO40L83 | Long             | EC               | CORP              | US        |     49732 | NS      | $3051058.20   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| ConocoPhillips                                   | ConocoPhillips COM                                              | CUSIP: 20825C104<br>LEI: WPTL2Z3FIYTHSP5V2253 | Long             | EC               | CORP              | US        |    328350 | NS      | $43342200.00  | 1.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Edwards Lifesciences Corporation                 | Edwards Lifesciences Corporation COM                            | CUSIP: 28176E108<br>LEI: YA13X31F3V31L8TMPR58 | Long             | EC               | CORP              | US        |     20115 | NS      | $1610809.20   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Illinois Tool Works Inc.                         | Illinois Tool Works Inc. COM                                    | CUSIP: 452308109<br>LEI: 76NA4I14SZCFAYMNSV04 | Long             | EC               | CORP              | US        |     26938 | NS      | $7011692.02   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Air Products & Chemicals, Inc.                   | Air Products & Chemicals, Inc. COM                              | CUSIP: 009158106<br>LEI: 7QEON6Y1RL5XR3R1W237 | Long             | EC               | CORP              | US        |     74945 | NS      | $21770773.05  | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Fiserv Inc.                                      | Fiserv Inc. COM                                                 | CUSIP: 337738108<br>LEI: GI7UBEJLXYLGR2C7GV83 | Long             | EC               | CORP              | US        |     63800 | NS      | $3560040.00   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| MORGAN STANLEY & CO. LLC                         | USD/GBP FORWARD                                                 | CUSIP: 000000000<br>LEI: 9R7GPTSO7KV3UQJZQ078 | N/A              | DFE              | CORP              | US        |         1 | NC      | $23912.98     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Ford Motor Company                               | Ford Motor Company COM                                          | CUSIP: 345370860<br>LEI: 20S05OYHG0MQM4VUIC57 | Long             | EC               | CORP              | US        |    406790 | NS      | $4694356.60   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-05-27

**Name of Applicant:** Advanced Series Trust

**Signature:** Christian J. Kelly

**Name of Signer:** Christian J. Kelly

**Title:** Chief Financial Officer