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Form NPORT-P NORTHWESTERN MUTUAL SERI For: Mar 31

May 24, 2022 1:40 PM EDT

  
    NPORT-P
    false
    
      
      
        
          0000742212
          XXXXXXXX
        
      
      
      
      
        S000000039
        C000000074
      
      
      
    
  
  
    
      NORTHWESTERN MUTUAL SERIES FUND INC
      811-03990
      0000742212
      549300T1UBX7MDSNZA55
      720 E WISCONSIN AVE
      MILWAUKEE
      
      53202
      414-271-1444
      Small Cap Growth Stock Portfolio
      S000000039
      YTR2S467AP5XPLF6CQ13
      2022-12-31
      2022-03-31
      N
    
    
      717099988.91
      814604.65
      716285384.26
      0.00000000
      0.00000000
      0.00000000
      0.00000000
      0.00000000
      0.00000000
      0.00000000
      0.00000000
      0.00000000
      0.00000000
      0.00000000
      0.00000000
      0.00000000
      0.00000000
      N
      
        
          
        
        
        
        
      
      
      
      
      
    
    
      
        Sovos Brands Inc
        N/A
        Sovos Brands Inc
        84612U107
        
          
        
        298982.00000000
        NS
        USD
        4239564.76000000
        0.591882070074
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        ModivCare Inc
        549300EFZIFW7F7I0Q28
        ModivCare Inc
        60783X104
        
          
        
        24302.00000000
        NS
        USD
        2804207.78000000
        0.391493089433
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Independence Realty Trust Inc
        549300Z3L8NU44NQEB29
        Independence Realty Trust Inc
        45378A106
        
          
        
        305331.00000000
        NS
        USD
        8072951.64000000
        1.127057987975
        Long
        EC
        
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        BJ's Restaurants Inc
        5299000EOW66I1OJNQ23
        BJ's Restaurants Inc
        09180C106
        
          
        
        152800.00000000
        NS
        USD
        4324240.00000000
        0.603703509107
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Penn National Gaming Inc
        N/A
        Penn National Gaming Inc
        707569109
        
          
        
        97373.00000000
        NS
        USD
        4130562.66000000
        0.576664378579
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Viad Corp
        549300PXU4ZW7LPO5Y40
        Viad Corp
        92552R406
        
          
        
        4944.00000000
        NS
        USD
        176204.16000000
        0.024599714565
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        PDC Energy Inc
        5493008W8H2T511J5Y59
        PDC Energy Inc
        69327R101
        
          
        
        50976.00000000
        NS
        USD
        3704935.68000000
        0.517242953913
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Arrowhead Pharmaceuticals Inc
        549300O3CSB8T7OZ3D66
        Arrowhead Pharmaceuticals Inc
        04280A100
        
          
        
        28167.00000000
        NS
        USD
        1295400.33000000
        0.180849750457
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Stifel Financial Corp
        549300E5F07FE5GHJX84
        Stifel Financial Corp
        860630102
        
          
        
        82779.00000000
        NS
        USD
        5620694.10000000
        0.784700375508
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        DigitalOcean Holdings Inc
        549300EPISPY3RE3DL21
        DigitalOcean Holdings Inc
        25402D102
        
          
        
        84370.00000000
        NS
        USD
        4880804.50000000
        0.681405010803
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        KalVista Pharmaceuticals Inc
        529900Q7IDA3WUGRZA51
        KalVista Pharmaceuticals Inc
        483497103
        
          
        
        146361.00000000
        NS
        USD
        2157361.14000000
        0.301187374111
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Amedisys Inc
        5299001RBS9GK9STN379
        Amedisys Inc
        023436108
        
          
        
        16007.00000000
        NS
        USD
        2757846.03000000
        0.385020564512
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Lancaster Colony Corp
        529900X4O13HED1ZAS58
        Lancaster Colony Corp
        513847103
        
          
        
        34805.00000000
        NS
        USD
        5191165.75000000
        0.724734283858
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Bumble Inc
        N/A
        Bumble Inc
        12047B105
        
          
        
        135420.00000000
        NS
        USD
        3924471.60000000
        0.547892179044
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Altra Industrial Motion Corp
        NQ0NIXPGW4YKG4MWM571
        Altra Industrial Motion Corp
        02208R106
        
          
        
        81572.00000000
        NS
        USD
        3175597.96000000
        0.443342560072
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Hydrofarm Holdings Group Inc
        5493005Y60YG0W2FYJ83
        Hydrofarm Holdings Group Inc
        44888K209
        
          
        
        174846.00000000
        NS
        USD
        2648916.90000000
        0.369813060298
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Omnicell Inc
        5493008RH0GTKHHPZI77
        Omnicell Inc
        68213N109
        
          
        
        67492.00000000
        NS
        USD
        8739539.08000000
        1.220119699779
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Workiva Inc
        529900RTOQ8GRWHY1O58
        Workiva Inc
        98139A105
        
          
        
        40484.00000000
        NS
        USD
        4777112.00000000
        0.666928588098
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Synaptics Inc
        549300AJ3LI4FWNRQX29
        Synaptics Inc
        87157D109
        
          
        
        35139.00000000
        NS
        USD
        7010230.50000000
        0.978692383517
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Essential Properties Realty Trust Inc
        N/A
        Essential Properties Realty Trust Inc
        29670E107
        
          
        
        226731.00000000
        NS
        USD
        5736294.30000000
        0.800839222194
        Long
        EC
        
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Pacira BioSciences Inc
        N/A
        Pacira BioSciences Inc
        695127100
        
          
        
        58247.00000000
        NS
        USD
        4445411.04000000
        0.620620096079
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Ranpak Holdings Corp
        5493000Z9EZR9DCYOO86
        Ranpak Holdings Corp
        75321W103
        
          
        
        107874.00000000
        NS
        USD
        2203865.82000000
        0.307679853369
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        AtriCure Inc
        N/A
        AtriCure Inc
        04963C209
        
          
        
        58349.00000000
        NS
        USD
        3831778.83000000
        0.534951419392
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        LiveRamp Holdings Inc
        254900GXS75LG1X7RF88
        LiveRamp Holdings Inc
        53815P108
        
          
        
        63160.00000000
        NS
        USD
        2361552.40000000
        0.329694344166
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Aclaris Therapeutics Inc
        5493000B2LQ9QTW1DF52
        Aclaris Therapeutics Inc
        00461U105
        
          
        
        189225.00000000
        NS
        USD
        3262239.00000000
        0.455438442789
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        ExlService Holdings Inc
        81E3DTNF6OSH489ZOV15
        ExlService Holdings Inc
        302081104
        
          
        
        52687.00000000
        NS
        USD
        7548466.49000000
        1.053835057349
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Ollie's Bargain Outlet Holdings Inc
        529900YO5DSQCPEFDZ05
        Ollie's Bargain Outlet Holdings Inc
        681116109
        
          
        
        101804.00000000
        NS
        USD
        4373499.84000000
        0.610580633935
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Power Integrations Inc
        54930085LGXSCIHD5W31
        Power Integrations Inc
        739276103
        
          
        
        96349.00000000
        NS
        USD
        8929625.32000000
        1.246657479857
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Under Armour Inc
        549300D4549QKWETZ406
        Under Armour Inc
        904311206
        
          
        
        275031.00000000
        NS
        USD
        4279482.36000000
        0.597454932634
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Cirrus Logic Inc
        549300NKSJEM5ZZSSV18
        Cirrus Logic Inc
        172755100
        
          
        
        60229.00000000
        NS
        USD
        5106816.91000000
        0.712958413255
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Tandem Diabetes Care Inc
        549300JEPFOD0K4D3I05
        Tandem Diabetes Care Inc
        875372203
        
          
        
        46017.00000000
        NS
        USD
        5351316.93000000
        0.747092855388
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Applied Industrial Technologies Inc
        549300NU173IJRC6PO38
        Applied Industrial Technologies Inc
        03820C105
        
          
        
        74656.00000000
        NS
        USD
        7664184.96000000
        1.069990415610
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Consensus Cloud Solutions Inc
        N/A
        Consensus Cloud Solutions Inc
        20848V105
        
          
        
        49058.00000000
        NS
        USD
        2949857.54000000
        0.411827129915
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Tetra Tech Inc
        549300UJ1LP7JGJC5P32
        Tetra Tech Inc
        88162G103
        
          
        
        55891.00000000
        NS
        USD
        9218661.54000000
        1.287009583411
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Axalta Coating Systems Ltd
        529900AGLPA40GV6H619
        Axalta Coating Systems Ltd
        000000000
        
          
        
        236555.00000000
        NS
        USD
        5814521.90000000
        0.811760511630
        Long
        EC
        CORP
        BM
        
        N
        
        1
        
          N
          N
          N
        
      
      
        SPX Corp
        P761FCI0CPOG24I8JE10
        SPX Corp
        784635104
        
          
        
        98849.00000000
        NS
        USD
        4884129.09000000
        0.681869154016
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Exponent Inc
        529900NY3F5Q2NWPUZ42
        Exponent Inc
        30214U102
        
          
        
        51088.00000000
        NS
        USD
        5520058.40000000
        0.770650710080
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Triumph Bancorp Inc
        5493003RNRMEVYDZ1Q52
        Triumph Bancorp Inc
        89679E300
        
          
        
        65325.00000000
        NS
        USD
        6141856.50000000
        0.857459419801
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Churchill Downs Inc
        529900FODTBQC8MIS994
        Churchill Downs Inc
        171484108
        
          
        
        32003.00000000
        NS
        USD
        7097625.34000000
        0.990893503618
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        WillScot Mobile Mini Holdings Corp
        549300HJ4VIXF476Q166
        WillScot Mobile Mini Holdings Corp
        971378104
        
          
        
        344938.00000000
        NS
        USD
        13497423.94000000
        1.884364003035
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Inari Medical Inc
        N/A
        Inari Medical Inc
        45332Y109
        
          
        
        51293.00000000
        NS
        USD
        4649197.52000000
        0.649070555139
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Manhattan Associates Inc
        529900Q1GJP7KD52SW51
        Manhattan Associates Inc
        562750109
        
          
        
        45568.00000000
        NS
        USD
        6320737.28000000
        0.882432815033
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        MGIC Investment Corp
        254900S8483WM4M98R28
        MGIC Investment Corp
        552848103
        
          
        
        378961.00000000
        NS
        USD
        5134921.55000000
        0.716882078405
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Fox Factory Holding Corp
        529900GE1HSV0617R721
        Fox Factory Holding Corp
        35138V102
        
          
        
        67812.00000000
        NS
        USD
        6642185.40000000
        0.927309916683
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Synovus Financial Corp
        549300EIUS8UN5JTLE54
        Synovus Financial Corp
        87161C501
        
          
        
        108147.00000000
        NS
        USD
        5299203.00000000
        0.739817273456
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        James River Group Holdings Ltd
        N/A
        James River Group Holdings Ltd
        000000000
        
          
        
        102355.00000000
        NS
        USD
        2532262.70000000
        0.353527065558
        Long
        EC
        CORP
        BM
        
        N
        
        1
        
          N
          N
          N
        
      
      
        Intellia Therapeutics Inc
        5493002T5BCPE5DZC723
        Intellia Therapeutics Inc
        45826J105
        
          
        
        35488.00000000
        NS
        USD
        2578912.96000000
        0.360039869117
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Turning Point Therapeutics Inc
        N/A
        Turning Point Therapeutics Inc
        90041T108
        
          
        
        47634.00000000
        NS
        USD
        1278972.90000000
        0.178556330773
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        State Street Global Advisors
        549300BZ5TGIFZUZDZ37
        State Street Institutional US Government Money Market Fund
        857492706
        
          
        
        5938357.82000000
        NS
        USD
        5938357.82000000
        0.829049140257
        Long
        STIV
        RF
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Apellis Pharmaceuticals Inc
        254900HS0ZFRXXSB9D42
        Apellis Pharmaceuticals Inc
        03753U106
        
          
        
        85187.00000000
        NS
        USD
        4328351.47000000
        0.604277507975
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        United Therapeutics Corp
        5299005C4HZL4UWROC14
        United Therapeutics Corp
        91307C102
        
          
        
        11687.00000000
        NS
        USD
        2096764.67000000
        0.292727551905
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Armstrong World Industries Inc
        KXMRXXOJ88Q45Y45MG74
        Armstrong World Industries Inc
        04247X102
        
          
        
        52562.00000000
        NS
        USD
        4731105.62000000
        0.660505676084
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Western Alliance Bancorp
        5493003VJXZ5JXT9S762
        Western Alliance Bancorp
        957638109
        
          
        
        43661.00000000
        NS
        USD
        3616004.02000000
        0.504827279665
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Olo Inc
        N/A
        Olo Inc
        68134L109
        
          
        
        232713.00000000
        NS
        USD
        3083447.25000000
        0.430477476960
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Insperity Inc
        5299000Q0KW7HY5DB751
        Insperity Inc
        45778Q107
        
          
        
        60634.00000000
        NS
        USD
        6088866.28000000
        0.850061499759
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Veritone Inc
        549300XTAS2FCSL4EL89
        Veritone Inc
        92347M100
        
          
        
        138518.00000000
        NS
        USD
        2532109.04000000
        0.353505613215
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        REVOLUTION Medicines Inc
        549300JU3X0LBCQ65892
        REVOLUTION Medicines Inc
        76155X100
        
          
        
        101883.00000000
        NS
        USD
        2599035.33000000
        0.362849136267
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Nevro Corp
        254900SH91I4BOYKUE38
        Nevro Corp
        64157F103
        
          
        
        40809.00000000
        NS
        USD
        2951714.97000000
        0.412086444155
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Wingstop Inc
        549300SSH3F8HPIM3Q47
        Wingstop Inc
        974155103
        
          
        
        65883.00000000
        NS
        USD
        7731370.05000000
        1.079370069513
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Ryman Hospitality Properties Inc
        529900GCCWW9SRMPJR11
        Ryman Hospitality Properties Inc
        78377T107
        
          
        
        74544.00000000
        NS
        USD
        6915446.88000000
        0.965459722055
        Long
        EC
        
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Celldex Therapeutics Inc
        529900F018DMYWH38923
        Celldex Therapeutics Inc
        15117B202
        
          
        
        130227.00000000
        NS
        USD
        4435531.62000000
        0.619240838563
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Simply Good Foods Co/The
        N/A
        Simply Good Foods Co/The
        82900L102
        
          
        
        107580.00000000
        NS
        USD
        4082661.00000000
        0.569976868119
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        ImmunoGen Inc
        54930084U0R1OP766Y02
        ImmunoGen Inc
        45253H101
        
          
        
        458205.00000000
        NS
        USD
        2181055.80000000
        0.304495365663
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Integra LifeSciences Holdings Corp
        WB7IJCYY8YFTENS4O147
        Integra LifeSciences Holdings Corp
        457985208
        
          
        
        102736.00000000
        NS
        USD
        6601815.36000000
        0.921673889356
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Patrick Industries Inc
        549300FZ5ZTCCJ3Z5W14
        Patrick Industries Inc
        703343103
        
          
        
        85238.00000000
        NS
        USD
        5139851.40000000
        0.717570330617
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Zurn Water Solutions Corp
        549300AM3633XDFU1Q85
        Zurn Water Solutions Corp
        98983L108
        
          
        
        242161.00000000
        NS
        USD
        8572499.40000000
        1.196799430558
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Mister Car Wash Inc
        N/A
        Mister Car Wash Inc
        60646V105
        
          
        
        323779.00000000
        NS
        USD
        4788691.41000000
        0.668545179788
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Mirati Therapeutics Inc
        529900GYRW59IDQV6N54
        Mirati Therapeutics Inc
        60468T105
        
          
        
        19192.00000000
        NS
        USD
        1577966.24000000
        0.220298539475
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Varonis Systems Inc
        549300SHIVNRRH7STS26
        Varonis Systems Inc
        922280102
        
          
        
        145617.00000000
        NS
        USD
        6922632.18000000
        0.966462855744
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Perficient Inc
        549300HTBXKL2755T650
        Perficient Inc
        71375U101
        
          
        
        82806.00000000
        NS
        USD
        9116112.54000000
        1.272692803779
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Akero Therapeutics Inc
        549300SI3KG74LBE2955
        Akero Therapeutics Inc
        00973Y108
        
          
        
        149350.00000000
        NS
        USD
        2119276.50000000
        0.295870409556
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        ASGN Inc
        LZBNYYCBUKY537072438
        ASGN Inc
        00191U102
        
          
        
        91539.00000000
        NS
        USD
        10683516.69000000
        1.491516778753
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Health Catalyst Inc
        549300223PL6GWKVJG92
        Health Catalyst Inc
        42225T107
        
          
        
        112160.00000000
        NS
        USD
        2930740.80000000
        0.409158257923
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        R1 RCM Inc
        549300VKOMJ3EM506212
        R1 RCM Inc
        749397105
        
          
        
        453259.00000000
        NS
        USD
        12129210.84000000
        1.693348923003
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        GAN Ltd
        N/A
        GAN Ltd
        000000000
        
          
        
        314521.00000000
        NS
        USD
        1515991.22000000
        0.211646259062
        Long
        EC
        CORP
        BM
        
        N
        
        1
        
          N
          N
          N
        
      
      
        Shift4 Payments Inc
        N/A
        Shift4 Payments Inc
        82452J109
        
          
        
        88862.00000000
        NS
        USD
        5503223.66000000
        0.768300426189
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Globus Medical Inc
        5299003M2P4CIK0RF205
        Globus Medical Inc
        379577208
        
          
        
        88341.00000000
        NS
        USD
        6517798.98000000
        0.909944433214
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Texas Roadhouse Inc
        5299002Y1CNRPDGXTQ75
        Texas Roadhouse Inc
        882681109
        
          
        
        108104.00000000
        NS
        USD
        9051547.92000000
        1.263678991489
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        OneMain Holdings Inc
        549300E3VEW8SMS5XW09
        OneMain Holdings Inc
        68268W103
        
          
        
        118280.00000000
        NS
        USD
        5607654.80000000
        0.782879969803
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Fate Therapeutics Inc
        549300L14Q4UHOODLA90
        Fate Therapeutics Inc
        31189P102
        
          
        
        27555.00000000
        NS
        USD
        1068307.35000000
        0.149145490537
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Axcelis Technologies Inc
        529900HF9B6NL1QG9F05
        Axcelis Technologies Inc
        054540208
        
          
        
        91707.00000000
        NS
        USD
        6926629.71000000
        0.967020947545
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Avidity Biosciences Inc
        N/A
        Avidity Biosciences Inc
        05370A108
        
          
        
        101581.00000000
        NS
        USD
        1876201.07000000
        0.261934853234
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Crocs Inc
        549300B0J6YCXD63OG72
        Crocs Inc
        227046109
        
          
        
        62964.00000000
        NS
        USD
        4810449.60000000
        0.671582822392
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        NanoString Technologies Inc
        549300G4CK0Y3WRDMY89
        NanoString Technologies Inc
        63009R109
        
          
        
        102500.00000000
        NS
        USD
        3561875.00000000
        0.497270372713
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Veracyte Inc
        529900ESWZRHXOW27Z37
        Veracyte Inc
        92337F107
        
          
        
        70194.00000000
        NS
        USD
        1935248.58000000
        0.270178426438
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Lumentum Holdings Inc
        549300JLWRRC38DWEF52
        Lumentum Holdings Inc
        55024U109
        
          
        
        62349.00000000
        NS
        USD
        6085262.40000000
        0.849558365104
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Ziff Davis Inc
        5493008OJYGLHD7MXA18
        Ziff Davis Inc
        48123V102
        
          
        
        77308.00000000
        NS
        USD
        7481868.24000000
        1.044537331685
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        II-VI Inc
        549300O5C25A0MMHHU33
        II-VI Inc
        902104108
        
          
        
        122846.00000000
        NS
        USD
        8905106.54000000
        1.243234433604
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Blueprint Medicines Corp
        5299004CC60O9T5HVM83
        Blueprint Medicines Corp
        09627Y109
        
          
        
        60443.00000000
        NS
        USD
        3861098.84000000
        0.539044761326
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Morphic Holding Inc
        549300RWWOUFLHTY1224
        Morphic Holding Inc
        61775R105
        
          
        
        24325.00000000
        NS
        USD
        976648.75000000
        0.136349110488
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Verra Mobility Corp
        N/A
        Verra Mobility Corp
        92511U102
        
          
        
        494322.00000000
        NS
        USD
        8047562.16000000
        1.123513384028
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        BioAtla Inc
        N/A
        BioAtla Inc
        09077B104
        
          
        
        18281.00000000
        NS
        USD
        91405.00000000
        0.012760975165
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Kymera Therapeutics Inc
        N/A
        Kymera Therapeutics Inc
        501575104
        
          
        
        69577.00000000
        NS
        USD
        2944498.64000000
        0.411078978393
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Stoke Therapeutics Inc
        549300RD25SS2DIJHJ67
        Stoke Therapeutics Inc
        86150R107
        
          
        
        105212.00000000
        NS
        USD
        2214712.60000000
        0.309194163201
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Curtiss-Wright Corp
        TEL51ETZWP7D0ZM4X325
        Curtiss-Wright Corp
        231561101
        
          
        
        37301.00000000
        NS
        USD
        5601118.16000000
        0.781967394991
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Fabrinet
        5493004TETZ6IYF7CV44
        Fabrinet
        000000000
        
          
        
        6958.00000000
        NS
        USD
        731494.54000000
        0.102123337439
        Long
        EC
        CORP
        KY
        
        N
        
        1
        
          N
          N
          N
        
      
      
        Louisiana-Pacific Corp
        549300C7E2UAO5BVRR75
        Louisiana-Pacific Corp
        546347105
        
          
        
        69340.00000000
        NS
        USD
        4307400.80000000
        0.601352602559
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        YETI Holdings Inc
        549300DSQICIGNT5GO63
        YETI Holdings Inc
        98585X104
        
          
        
        61277.00000000
        NS
        USD
        3675394.46000000
        0.513118729038
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Insight Enterprises Inc
        529900S8991TYW6YP792
        Insight Enterprises Inc
        45765U103
        
          
        
        60614.00000000
        NS
        USD
        6505094.48000000
        0.908170768655
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Beauty Health Co/The
        5493001Z2JZQT4C63C50
        Beauty Health Co/The
        88331L108
        
          
        
        223612.00000000
        NS
        USD
        3774570.56000000
        0.526964620937
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        ITT Inc
        549300KDSERHTJOXUS80
        ITT Inc
        45073V108
        
          
        
        65502.00000000
        NS
        USD
        4926405.42000000
        0.687771316887
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        iShares Russell 2000 Growth ETF
        549300CPJOUVKWJGSH44
        iShares Russell 2000 Growth ETF
        464287648
        
          
        
        13867.00000000
        NS
        USD
        3546485.25000000
        0.495121822660
        Long
        EC
        RF
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Heron Therapeutics Inc
        549300DR2I1DOPD2IX53
        Heron Therapeutics Inc
        427746102
        
          
        
        217348.00000000
        NS
        USD
        1243230.56000000
        0.173566372750
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        NeoGenomics Inc
        N/A
        NeoGenomics Inc
        64049M209
        
          
        
        148082.00000000
        NS
        USD
        1799196.30000000
        0.251184282066
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Magnolia Oil & Gas Corp
        N/A
        Magnolia Oil & Gas Corp
        559663109
        
          
        
        250428.00000000
        NS
        USD
        5922622.20000000
        0.826852303585
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        MKS Instruments Inc
        549300KEQATBHAGVF505
        MKS Instruments Inc
        55306N104
        
          
        
        19659.00000000
        NS
        USD
        2948850.00000000
        0.411686468103
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Concentrix Corp
        N/A
        Concentrix Corp
        20602D101
        
          
        
        49332.00000000
        NS
        USD
        8216737.92000000
        1.147131869581
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        LHC Group Inc
        5299009NPLWAMRQYZX73
        LHC Group Inc
        50187A107
        
          
        
        43783.00000000
        NS
        USD
        7381813.80000000
        1.030568815476
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Ultragenyx Pharmaceutical Inc
        529900EV44GVDN1DCX77
        Ultragenyx Pharmaceutical Inc
        90400D108
        
          
        
        32930.00000000
        NS
        USD
        2391376.60000000
        0.333858075642
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Owens & Minor Inc
        549300LMT5KQQXCEZ733
        Owens & Minor Inc
        690732102
        
          
        
        159069.00000000
        NS
        USD
        7002217.38000000
        0.977573678574
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Cardlytics Inc
        549300JETJBH94EIPC66
        Cardlytics Inc
        14161W105
        
          
        
        104368.00000000
        NS
        USD
        5738152.64000000
        0.801098663478
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Harmony Biosciences Holdings Inc
        N/A
        Harmony Biosciences Holdings Inc
        413197104
        
          
        
        19400.00000000
        NS
        USD
        943810.00000000
        0.131764520223
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Arvinas Inc
        N/A
        Arvinas Inc
        04335A105
        
          
        
        59141.00000000
        NS
        USD
        3980189.30000000
        0.555670880275
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Casella Waste Systems Inc
        8EU0XUFVJ48U37IIDH51
        Casella Waste Systems Inc
        147448104
        
          
        
        60347.00000000
        NS
        USD
        5289414.55000000
        0.738450716185
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        ALX Oncology Holdings Inc
        N/A
        ALX Oncology Holdings Inc
        00166B105
        
          
        
        60613.00000000
        NS
        USD
        1024359.70000000
        0.143009996086
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Shutterstock Inc
        529900G2TDIS56V0LO22
        Shutterstock Inc
        825690100
        
          
        
        65727.00000000
        NS
        USD
        6117869.16000000
        0.854110567440
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Neurocrine Biosciences Inc
        549300FECER0XBN49756
        Neurocrine Biosciences Inc
        64125C109
        
          
        
        22558.00000000
        NS
        USD
        2114812.50000000
        0.295247194270
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Covetrus Inc
        5493009S30DUFCF75V87
        Covetrus Inc
        22304C100
        
          
        
        168340.00000000
        NS
        USD
        2826428.60000000
        0.394595319422
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        CACI International Inc
        SYRPI2D1O9WRTS2WX210
        CACI International Inc
        127190304
        
          
        
        28943.00000000
        NS
        USD
        8719368.18000000
        1.217303657397
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        PVH Corp
        123WALMHY1GZXG2YDL90
        PVH Corp
        693656100
        
          
        
        55809.00000000
        NS
        USD
        4275527.49000000
        0.596902796560
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Rapid7 Inc
        549300GNVG5D60KEYN14
        Rapid7 Inc
        753422104
        
          
        
        85107.00000000
        NS
        USD
        9467302.68000000
        1.321722163824
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Ovintiv Inc
        N/A
        Ovintiv Inc
        69047Q102
        
          
        
        114043.00000000
        NS
        USD
        6166305.01000000
        0.860872655718
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Cytokinetics Inc
        549300BE5DY1HW7IHA64
        Cytokinetics Inc
        23282W605
        
          
        
        127924.00000000
        NS
        USD
        4708882.44000000
        0.657403116617
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Sprout Social Inc
        N/A
        Sprout Social Inc
        85209W109
        
          
        
        70453.00000000
        NS
        USD
        5644694.36000000
        0.788051031619
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Syndax Pharmaceuticals Inc
        529900OF94TRHKZVBS87
        Syndax Pharmaceuticals Inc
        87164F105
        
          
        
        149321.00000000
        NS
        USD
        2595198.98000000
        0.362313546671
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        PS Business Parks Inc
        N/A
        PS Business Parks Inc
        69360J107
        
          
        
        44076.00000000
        NS
        USD
        7408294.08000000
        1.034265705093
        Long
        EC
        
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        John Bean Technologies Corp
        5493007CT6ATBZ2L6826
        John Bean Technologies Corp
        477839104
        
          
        
        62924.00000000
        NS
        USD
        7454606.28000000
        1.040731312380
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Biohaven Pharmaceutical Holding Co Ltd
        5299007STZTNN32O9920
        Biohaven Pharmaceutical Holding Co Ltd
        000000000
        
          
        
        22032.00000000
        NS
        USD
        2612334.24000000
        0.364705785906
        Long
        EC
        CORP
        VG
        
        N
        
        1
        
          N
          N
          N
        
      
      
        Glaukos Corp
        5299004JA1LHE21M6T14
        Glaukos Corp
        377322102
        
          
        
        71295.00000000
        NS
        USD
        4122276.90000000
        0.575507610595
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Clean Harbors Inc
        5493000SJVZVZJKHJF48
        Clean Harbors Inc
        184496107
        
          
        
        32498.00000000
        NS
        USD
        3628076.72000000
        0.506512739157
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Boston Beer Co Inc/The
        529900Q02MQ0DCQNRM58
        Boston Beer Co Inc/The
        100557107
        
          
        
        7262.00000000
        NS
        USD
        2821069.14000000
        0.393847089720
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Deckers Outdoor Corp
        5493008LG4W3I6K8J118
        Deckers Outdoor Corp
        243537107
        
          
        
        15902.00000000
        NS
        USD
        4353490.54000000
        0.607787152392
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Five9 Inc
        254900MXP6EWY0SFFR59
        Five9 Inc
        338307101
        
          
        
        25160.00000000
        NS
        USD
        2777664.00000000
        0.387787334634
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Rexford Industrial Realty Inc
        549300MSLO0DF0EMX355
        Rexford Industrial Realty Inc
        76169C100
        
          
        
        99418.00000000
        NS
        USD
        7415588.62000000
        1.035284089687
        Long
        EC
        
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Freshpet Inc
        549300S4ZK8ZQ6HNPN59
        Freshpet Inc
        358039105
        
          
        
        57286.00000000
        NS
        USD
        5879835.04000000
        0.820878824167
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Performance Food Group Co
        549300EUK8GR9IT1YK57
        Performance Food Group Co
        71377A103
        
          
        
        194801.00000000
        NS
        USD
        9917318.91000000
        1.384548551168
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Thor Industries Inc
        254900XZO1228PDSG060
        Thor Industries Inc
        885160101
        
          
        
        62082.00000000
        NS
        USD
        4885853.40000000
        0.682109883485
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Chart Industries Inc
        EM7QGKC1GYOF3LSZSL80
        Chart Industries Inc
        16115Q308
        
          
        
        51549.00000000
        NS
        USD
        8854571.73000000
        1.236179311287
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Lattice Semiconductor Corp
        549300LRBBPZDQ2II567
        Lattice Semiconductor Corp
        518415104
        
          
        
        130491.00000000
        NS
        USD
        7953426.45000000
        1.110371176736
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        PTC Therapeutics Inc
        549300UJLWOIWFDGB318
        PTC Therapeutics Inc
        69366J200
        
          
        
        101584.00000000
        NS
        USD
        3790099.04000000
        0.529132538969
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Digital Turbine Inc
        549300D0WZR1VI2QGB24
        Digital Turbine Inc
        25400W102
        
          
        
        125170.00000000
        NS
        USD
        5483697.70000000
        0.765574423337
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Q2 Holdings Inc
        549300M9RKR9DZXWS696
        Q2 Holdings Inc
        74736L109
        
          
        
        52708.00000000
        NS
        USD
        3249448.20000000
        0.453652729960
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        TopBuild Corp
        5493007YSKHOL4RWII46
        TopBuild Corp
        89055F103
        
          
        
        29359.00000000
        NS
        USD
        5325429.01000000
        0.743478664652
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Boise Cascade Co
        549300Z8B8LSRHC7XA55
        Boise Cascade Co
        09739D100
        
          
        
        39377.00000000
        NS
        USD
        2735520.19000000
        0.381903672769
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Blackbaud Inc
        54930056X3HKFMNG3754
        Blackbaud Inc
        09227Q100
        
          
        
        78519.00000000
        NS
        USD
        4700932.53000000
        0.656293236369
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Alarm.com Holdings Inc
        549300HIH92U1EKIHZ32
        Alarm.com Holdings Inc
        011642105
        
          
        
        70913.00000000
        NS
        USD
        4712877.98000000
        0.657960930595
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Ingevity Corp
        5493009UTFC4B5IMGF87
        Ingevity Corp
        45688C107
        
          
        
        48866.00000000
        NS
        USD
        3130844.62000000
        0.437094583918
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        State Street Global Advisors
        549300BZ5TGIFZUZDZ37
        State Street Institutional US Government Money Market Fund
        857492706
        
          
        
        2180947.24000000
        NS
        USD
        2180947.24000000
        0.304480209693
        Long
        STIV
        RF
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Repay Holdings Corp
        N/A
        Repay Holdings Corp
        76029L100
        
          
        
        300418.00000000
        NS
        USD
        4437173.86000000
        0.619470110308
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
    
    
      
    
    
      2022-04-27
      NORTHWESTERN MUTUAL SERIES FUND INC
      Phillip Rinzel
      Phillip Rinzel
      Controller and Chief Accounting Officer
    
  
  XXXX



Small Cap Growth Stock Portfolio

SCHEDULE OF INVESTMENTS

March 31, 2022 (unaudited)

 

Common Stocks

(98.3%)

  

Shares/

Par +

    

Value

$ (000’s)

 

Communication Services (2.4%)

 

  

Bumble, Inc. *

     135,420        3,924  

Cardlytics, Inc. *

     104,368        5,738  

Ziff Davis, Inc. *

     77,308        7,482  
     

 

 

 

Total

        17,144  
     

 

 

 

Consumer Discretionary (12.9%)

 

BJ’s Restaurants, Inc. *

     152,800        4,324  

Churchill Downs, Inc.

     32,003        7,098  

Crocs, Inc. *

     62,964        4,810  

Deckers Outdoor Corp. *

     15,902        4,353  

Fox Factory Holding Corp. *

     67,812        6,642  

GAN, Ltd. *

     314,521        1,516  

Mister Car Wash, Inc. *

     323,779        4,789  

Ollie’s Bargain Outlet Holdings, Inc. *

     101,804        4,374  

Patrick Industries, Inc.

     85,238        5,140  

Penn National Gaming, Inc. *

     97,373        4,131  

PVH Corp.

     55,809        4,276  

Shutterstock, Inc.

     65,727        6,118  

Texas Roadhouse, Inc.

     108,104        9,052  

Thor Industries, Inc.

     62,082        4,886  

TopBuild Corp. *

     29,359        5,325  

Under Armour, Inc. - Class C *

     275,031        4,279  

Wingstop, Inc.

     65,883        7,731  

YETI Holdings, Inc. *

     61,277        3,675  
     

 

 

 

Total

        92,519  
     

 

 

 

Consumer Staples (5.0%)

 

The Beauty Health Co.*

     223,612        3,775  

The Boston Beer Co., Inc. - Class A *

     7,262        2,821  

Freshpet, Inc. *

     57,286        5,880  

Lancaster Colony Corp.

     34,805        5,191  

Performance Food Group Co. *

     194,801        9,917  

The Simply Good Foods Co. *

     107,580        4,083  

Sovos Brands, Inc. *

     298,982        4,239  
     

 

 

 

Total

        35,906  
     

 

 

 

Energy (2.2%)

     

Magnolia Oil & Gas Corp.

     250,428        5,923  

Ovintiv, Inc.

     114,043        6,166  

PDC Energy, Inc.

     50,976        3,705  
     

 

 

 

Total

        15,794  
     

 

 

 

Common Stocks

(98.3%)

  

Shares/

Par +

    

Value

$ (000’s)

 

Financials (4.7%)

 

James River Group Holdings, Ltd.

     102,355        2,532  

MGIC Investment Corp.

     378,961        5,135  

OneMain Holdings, Inc.

     118,280        5,608  

Stifel Financial Corp.

     82,779        5,621  

Synovus Financial Corp.

     108,147        5,299  

Triumph Bancorp, Inc. *

     65,325        6,142  

Western Alliance Bancorp

     43,661        3,616  
     

 

 

 

Total

        33,953  
     

 

 

 

Health Care (22.4%)

     

Aclaris Therapeutics, Inc. *

     189,225        3,262  

Akero Therapeutics, Inc. *

     149,350        2,119  

ALX Oncology Holdings, Inc. *

     60,613        1,024  

Amedisys, Inc. *

     16,007        2,758  

Apellis Pharmaceuticals, Inc. *

     85,187        4,328  

Arrowhead Pharmaceuticals, Inc. *

     28,167        1,295  

Arvinas, Inc. *

     59,141        3,980  

AtriCure, Inc. *

     58,349        3,832  

Avidity Biosciences, Inc.*

     101,581        1,876  

BioAtla, Inc. *

     13,281        67  

Biohaven Pharmaceutical Holding Co., Ltd. *

     22,032        2,612  

Blueprint Medicines Corp. *

     60,443        3,861  

Celldex Therapeutics, Inc. *

     130,227        4,436  

Covetrus, Inc. *

     168,340        2,827  

Cytokinetics, Inc. *

     127,924        4,709  

Fate Therapeutics, Inc. *

     27,555        1,068  

Glaukos Corp. *

     71,295        4,122  

Globus Medical, Inc. - Class A *

     88,341        6,518  

Harmony Biosciences Holdings, Inc. *

     19,400        944  

Health Catalyst, Inc. *

     112,160        2,931  

Heron Therapeutics, Inc. *

     217,348        1,243  

ImmunoGen, Inc. *

     458,205        2,181  

Inari Medical, Inc. *

     51,293        4,649  

Integra LifeSciences Holdings Corp. *

     102,736        6,602  

Common Stocks

(98.3%)

  

Shares/

Par +

    

Value

$ (000’s)

 

Health Care continued

 

Intellia Therapeutics, Inc. *

     35,488        2,579  

KalVista Pharmaceuticals, Inc. *

     146,361        2,157  

Kymera Therapeutics, Inc. *

     69,577        2,945  

LHC Group, Inc. *

     43,783        7,382  

Mirati Therapeutics, Inc. *

     19,192        1,578  

ModivCare, Inc. *

     24,302        2,804  

Morphic Holding, Inc. *

     31,425        1,262  

Nanostring Technologies, Inc. *

     102,500        3,562  

NeoGenomics, Inc. *

     92,782        1,127  

Neurocrine Biosciences, Inc. *

     22,558        2,115  

Nevro Corp. *

     40,809        2,952  

Omnicell, Inc. *

     67,492        8,740  

Owens & Minor, Inc.

     159,069        7,002  

Pacira Biosciences, Inc. *

     58,247        4,446  

PTC Therapeutics, Inc. *

     101,584        3,790  

R1 RCM, Inc. *

     453,259        12,129  

Revolution Medicines, Inc. *

     101,883        2,599  

Stoke Therapeutics, Inc. *

     105,212        2,215  

Syndax Pharmaceuticals, Inc. *

     149,321        2,595  

Tandem Diabetes Care, Inc. *

     46,017        5,351  

Turning Point Therapeutics, Inc. *

     47,634        1,279  

Ultragenyx Pharmaceutical, Inc. *

     32,930        2,391  

United Therapeutics Corp. *

     11,687        2,097  

Veracyte, Inc. *

     70,194        1,935  
     

 

 

 

Total

        160,276  
     

 

 

 

Industrials (17.3%)

     

Altra Industrial Motion Corp.

     81,572        3,176  

Applied Industrial Technologies, Inc.

     74,656        7,664  

Armstrong World Industries, Inc.

     52,562        4,731  

ASGN, Inc. *

     91,539        10,684  

Boise Cascade Co.

     39,377        2,736  
 


Small Cap Growth Stock Portfolio

 

Common Stocks

(98.3%)

  

Shares/

Par +

    

Value

$ (000’s)

 

Industrials continued

 

CACI International, Inc. - Class A *

     28,943        8,719  

Casella Waste Systems, Inc. - Class A *

     60,347        5,289  

Chart Industries, Inc. *

     51,549        8,855  

Clean Harbors, Inc. *

     32,498        3,628  

Curtiss-Wright Corp.

     37,301        5,601  

Exponent, Inc.

     49,097        5,305  

Hydrofarm Holdings Group, Inc. *

     174,846        2,649  

Insperity, Inc.

     60,634        6,089  

ITT, Inc.

     65,502        4,926  

John Bean Technologies Corp.

     62,924        7,455  

SPX Corp. *

     98,849        4,884  

Tetra Tech, Inc.

     55,891        9,219  

WillScot Mobile Mini Holdings Corp. *

     344,938        13,497  

Zurn Water Solutions Corp.

     242,161        8,572  
     

 

 

 

Total

        123,679  
     

 

 

 

Information Technology (24.4%)

 

Alarm.com Holdings, Inc. *

     70,913        4,713  

Axcelis Technologies, Inc. *

     91,707        6,927  

Blackbaud, Inc. *

     78,519        4,701  

Cirrus Logic, Inc. *

     60,229        5,107  

Concentrix Corp.

     49,332        8,217  

Consensus Cloud Solutions, Inc. *

     49,058        2,950  

Digital Turbine, Inc. *

     125,170        5,484  

DigitalOcean Holdings, Inc. *

     84,370        4,881  

ExlService Holdings, Inc. *

     52,687        7,548  

Fabrinet*

     16,858        1,772  

Five9, Inc. *

     25,160        2,778  

II-VI, Inc. *

     122,846        8,905  

Insight Enterprises, Inc. *

     60,614        6,505  

Lattice Semiconductor Corp. *

     130,491        7,953  

LiveRamp Holdings, Inc. *

     63,160        2,361  

Lumentum Holdings, Inc. *

     62,349        6,085  

Manhattan Associates, Inc. *

     45,568        6,321  

MKS Instruments, Inc.

     19,659        2,949  

Olo, Inc. *

     232,713        3,083  

Perficient, Inc. *

     82,806        9,116  

Power Integrations, Inc.

     96,349        8,930  

Q2 Holdings, Inc. *

     52,708        3,249  

Rapid7, Inc. *

     85,107        9,467  

Repay Holdings Corp. *

     300,418        4,437  

Shift4 Payments, Inc. *

     88,862        5,503  

Common Stocks

(98.3%)

  

Shares/

Par +

    

Value

$ (000’s)

 

Information Technology continued

 

Sprout Social, Inc. *

     70,453        5,645  

Synaptics, Inc. *

     35,139        7,010  

Varonis Systems, Inc. *

     145,617        6,923  

Veritone, Inc. *

     138,518        2,532  

Verra Mobility Corp. *

     494,322        8,048  

Workiva, Inc. *

     40,484        4,777  
     

 

 

 

Total

        174,877  
     

 

 

 

Materials (2.0%)

 

Axalta Coating Systems, Ltd. *

     236,555        5,814  

Ingevity Corp. *

     48,866        3,131  

Louisiana-Pacific Corp.

     45,561        2,830  

Ranpak Holdings Corp. *

     107,874        2,204  
     

 

 

 

Total

        13,979  
     

 

 

 

Real Estate (5.0%)

     

Essential Properties Realty Trust, Inc.

     226,731        5,736  

Independence Realty Trust, Inc.

     305,331        8,073  

PS Business Parks, Inc.

     44,076        7,408  

Rexford Industrial Realty, Inc.

     99,418        7,416  

Ryman Hospitality Properties, Inc. *

     74,544        6,916  
     

 

 

 

Total

        35,549  
     

 

 

 

Total Common Stocks
(Cost: $601,521)

 

     703,676  
     

 

 

 
Investment Companies
(0.5%)
               

Investment Companies (0.5%)

 

  

iShares Russell 2000 Growth ETF

     13,867        3,547  
     

 

 

 

Total

        3,547  
     

 

 

 

Total Investment Companies (Cost: $3,502)

 

     3,547  
     

 

 

 

Short-Term

Investments (1.1%)

  

Shares/

Par +

    

Value

$ (000’s)

 

Money Market Funds (1.1%)

 

State Street Institutional U.S. Government Money Market Fund - Premier Class 0.250% #

     8,119,305        8,119  
     

 

 

 

Total

        8,119  
     

 

 

 

Total Short-Term Investments
(Cost: $8,119)

 

     8,119  
     

 

 

 

Total Investments (99.9%)
(Cost: $613,142)@

 

     715,342  
     

 

 

 

Other Assets, Less
Liabilities (0.1%)

 

     877  
     

 

 

 

Net Assets (100.0%)

 

     716,219  
     

 

 

 
 


Small Cap Growth Stock Portfolio

 

+

All par is stated in U.S. Dollar unless otherwise noted.

*

Non income producing

#

7-Day yield as of 3/31/2022.

@

At March 31, 2022, the aggregate cost of investments, including derivatives, for federal tax purposes (in thousands) was $613,142 and the net unrealized appreciation of investments based on that cost was $102,200 which is comprised of $174,942 aggregate gross unrealized appreciation and $72,742 aggregate gross unrealized depreciation. Because tax adjustments are calculated annually, these amounts do not reflect tax adjustments. For the previous fiscal year’s federal income tax information, please refer to the Notes to the Financial Statements section in the Portfolio’s most recent annual report.

The Fair Value Measurements and Disclosures Topic of the FASB Accounting Standards Codification defines fair value as the price that a Fund would receive to sell an asset or pay to transfer a liability in an orderly transaction between market participants at the measurement date. It establishes and requires disclosure of a fair value hierarchy, separately for each major category of asset and liability, which segregates fair value measurements into levels. A summary of the fair value hierarchy is described below:

Level 1 - fair value is determined by unadjusted quoted prices in active markets for identical securities or derivatives

Level 2 - fair value is determined by other significant observable inputs

Level 3 - fair value is determined by significant unobservable inputs

The categorization of a value determined for a financial instrument within the hierarchy is based upon the pricing transparency of the instrument and does not necessarily correspond to the Portfolio’s perceived risk of that instrument.

The following is a summary of the inputs used in valuing the Portfolio’s Investments at March 31, 2022.

 

         Valuation Inputs
 

 

 

Description         Level 1 - Quoted
Prices
  

Level 2 - Other

Significant
Observable Inputs

  

Level 3    

- Significant    
Unobservable    
Inputs    

         (Amounts in thousands)

Assets:

          

Common Stocks

     $ 703,676      $      $  

Investment Companies

       3,547                

Short-Term Investments

       8,119                
    

 

 

 

Total Assets:

     $ 715,342      $      $  
    

 

 

 


Abbreviations

 

Abbreviations that may be used in the preceding statements

 

ADR    American Depositary Receipt

AFC

   Available Funds Cap security - Security accrues interest at an assumed or uncapped rate. If the interest rate on the underlying loans is lower than the uncapped rate, then the security will pay at the lower rate.
CSTR    Collateral Strip Rate security - interest is based on the weighted net interest rate of the collateral.

EXE

   Security receives collateral principal and interest paid which exceeds the amount of principal and income obligated to all bonds in the deal.
IO    Interest Only Security
PO    Principal Only Security
GDR    Global Depositary Receipt
GO    General Obligation
RB    Revenue Bond
CPURNSA    U.S. Consumer Price Index - All Urban Consumers - Not Seasonally Adjusted
LIBOR    London Interbank Offered Rate
SOFR    Secured Overnight Financing Rate
ICE    Intercontinental Exchange
SONIO    Sterling Overnight Interbank Average Rate
DAC    Designated Activity Company
TBA    To Be Announced
OIS    Overnight Index Swaps
DIFC    Dubai International Financial Centre
EURIBOR    Euro Interbank Offered Rate
SDR    Swedish Depository Receipt
ETF    Exchange Traded Fund

Currency Abbreviations

ARS    Argentine Peso
AUD    Australian Dollar
BRL    Brazilian Real
CAD    Canadian Dollar
CHF    Swiss Franc
CNH    Chinese Yuan Renminbi - Offshore
CNY    Chinese Yuan Renminbi
DKK    Danish Krone
EUR    Euro
GBP    British Pound
HKD    Hong Kong Dollar
IDR    Indonesian Rupiah
INR    Indian Rupee
JPY    Japanese Yen
KES    Kenyan Shilling
KRW    South Korean Won
MXN    Mexican New Peso
NOK    Norwegian Krone
NZD    New Zealand Dollar
PHP    Philippines Peso
PLN    Polish Zloty
RUB    Russian Ruble
SEK    Swedish Krona
THB    Thai Baht
TWD    Taiwan Dollar
USD    United States Dollar
ZAR    South African Rand


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