Tax-Managed Multi-Cap Growth Portfolio NPORT-P Tax Managed Multi Cap Growth Portfolio (Jan 2022 report)

Tax-Managed Multi-Cap Growth Portfolio

January 31, 2022

PORTFOLIO OF INVESTMENTS (Unaudited)

Common Stocks — 99.9%

Security	Shares		Value
Biotechnology — 1.6%
Vertex Pharmaceuticals, Inc.(1)		15,175	$	3,688,284
			$	3,688,284
Building Products — 0.6%
Trex Co., Inc.(1)		15,892	$	1,453,641
			$	1,453,641
Capital Markets — 1.1%
S&P Global, Inc.		5,966	$	2,477,203
			$	2,477,203
Chemicals — 1.8%
Celanese Corp.		6,569	$	1,022,859
Ecolab, Inc.		7,531		1,426,748
Sherwin-Williams Co. (The)		6,570		1,882,371
			$	4,331,978
Commercial Services & Supplies — 1.8%
Copart, Inc.(1)		12,355	$	1,596,884
Waste Connections, Inc.		21,932		2,734,920
			$	4,331,804
Electrical Equipment — 2.0%
AMETEK, Inc.		34,300	$	4,691,211
			$	4,691,211
Entertainment — 1.2%
Electronic Arts, Inc.		7,649	$	1,014,716
Walt Disney Co. (The)(1)		12,454		1,780,549
			$	2,795,265
Food & Staples Retailing — 1.1%
Performance Food Group Co.(1)		58,516	$	2,468,790
			$	2,468,790
Food Products — 1.0%
Mondelez International, Inc., Class A		35,144	$	2,355,702
			$	2,355,702
Health Care Equipment & Supplies — 3.1%
Inari Medical, Inc.(1)		14,866	$	1,093,543
Intuitive Surgical, Inc.(1)		8,574		2,436,559
Pulmonx Corp.(1)		23,062		561,560
Stryker Corp.		12,668		3,142,297
			$	7,233,959

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Security	Shares		Value
Health Care Providers & Services — 3.6%
Amedisys, Inc.(1)		7,915	$	1,069,317
UnitedHealth Group, Inc.		15,597		7,370,674
			$	8,439,991
Health Care Technology — 0.5%
Doximity, Inc., Class A(1)		877	$	39,965
Phreesia, Inc.(1)		37,308		1,163,636
			$	1,203,601
Hotels, Restaurants & Leisure — 1.3%
Booking Holdings, Inc.(1)		735	$	1,805,255
Starbucks Corp.		12,443		1,223,396
			$	3,028,651
Interactive Media & Services — 13.3%
Alphabet, Inc., Class A(1)		3,702	$	10,017,871
Alphabet, Inc., Class C(1)		3,728		10,117,680
Meta Platforms, Inc., Class A(1)		30,509		9,557,249
Twitter, Inc.(1)		41,385		1,552,352
			$	31,245,152
Internet & Direct Marketing Retail — 8.1%
Amazon.com, Inc.(1)		6,385	$	19,100,536
			$	19,100,536
IT Services — 11.6%
Accenture PLC, Class A		18,307	$	6,472,989
Fiserv, Inc.(1)		13,974		1,477,052
GoDaddy, Inc., Class A(1)		44,180		3,344,868
Okta, Inc.(1)		15,035		2,975,276
PayPal Holdings, Inc.(1)		20,587		3,539,729
Visa, Inc., Class A		42,000		9,499,140
			$	27,309,054
Life Sciences Tools & Services — 1.4%
Danaher Corp.		11,868	$	3,391,756
			$	3,391,756
Personal Products — 1.4%
Estee Lauder Cos., Inc. (The), Class A		10,679	$	3,329,605
			$	3,329,605
Pharmaceuticals — 2.8%
Royalty Pharma PLC, Class A		35,581	$	1,423,596
Zoetis, Inc.		26,003		5,195,139
			$	6,618,735
Road & Rail — 2.9%
J.B. Hunt Transport Services, Inc.		14,100	$	2,714,814
Norfolk Southern Corp.		8,734		2,375,561
Uber Technologies, Inc.(1)		47,387		1,772,274
			$	6,862,649

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Security	Shares		Value
Semiconductors & Semiconductor Equipment — 3.3%
Ambarella, Inc.(1)		7,083	$	992,682
Monolithic Power Systems, Inc.		16,561		6,672,924
			$	7,665,606
Software — 17.7%
Adobe, Inc.(1)		14,102	$	7,534,699
Altair Engineering, Inc., Class A(1)		17,021		1,070,961
Intuit, Inc.		6,414		3,561,245
Microsoft Corp.		74,352		23,121,985
salesforce.com, inc.(1)		27,530		6,404,304
			$	41,693,194
Specialty Retail — 1.4%
TJX Cos., Inc. (The)		44,664	$	3,214,468
			$	3,214,468
Technology Hardware, Storage & Peripherals — 10.6%
Apple, Inc.		134,541	$	23,515,076
Logitech International S.A.		15,556		1,297,215
			$	24,812,291
Textiles, Apparel & Luxury Goods — 3.1%
Lululemon Athletica, Inc.(1)		13,063	$	4,359,907
NIKE, Inc., Class B		19,321		2,860,860
			$	7,220,767
Trading Companies & Distributors — 1.6%
United Rentals, Inc.(1)		11,573	$	3,704,749
			$	3,704,749
Total Common Stocks (identified cost $77,657,718)			$	234,668,642
Short-Term Investments — 0.2%
Description	Units		Value
Eaton Vance Cash Reserves Fund, LLC, 0.08%(2)		529,147	$	529,094
Total Short-Term Investments (identified cost $529,094)			$	529,094
Total Investments — 100.1% (identified cost $78,186,812)			$	235,197,736
Other Assets, Less Liabilities — (0.1)%			$	(137,122	)
Net Assets — 100.0%			$	235,060,614

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The percentage shown for each investment category in the Portfolio of Investments is based on net assets.

(1) Non-income producing security.

(2) Affiliated investment company, available to Eaton Vance portfolios and funds, which invests in high quality, U.S. dollar denominated money market instruments. The rate shown is the annualized seven-day yield as of January 31, 2022.

The Portfolio did not have any open derivative instruments at January 31, 2022.

At January 31, 2022, the value of the Portfolio’s investment in affiliated funds was $529,094, which represents 0.2% of the Portfolio’s net assets. Transactions in affiliated funds by the Portfolio for the fiscal year to date ended January 31, 2022 were as follows:

Name	Value, beginning of period		Purchases		Sales proceeds			Net realized gain (loss)			Change in unrealized appreciation (depreciation)		Value, end of period		Dividend income		Units, end of period
Short-Term Investments
Eaton Vance Cash Reserves Fund, LLC	$	1,271,595	$	4,143,694	$	(4,886,117	)	$	(78	)	$	—	$	529,094	$	122		529,147

Under generally accepted accounting principles for fair value measurements, a three-tier hierarchy to prioritize the assumptions, referred to as inputs, is used in valuation techniques to measure fair value. The three-tier hierarchy of inputs is summarized in the three broad levels listed below.

• Level 1 — quoted prices in active markets for identical investments

• Level 2 — other significant observable inputs (including quoted prices for similar investments, interest rates, prepayment speeds, credit risk, etc.)

• Level 3 — significant unobservable inputs (including a fund’s own assumptions in determining the fair value of investments)

In cases where the inputs used to measure fair value fall in different levels of the fair value hierarchy, the level disclosed is determined based on the lowest level input that is significant to the fair value measurement in its entirety. The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

At January 31, 2022, the hierarchy of inputs used in valuing the Portfolio’s investments, which are carried at value, were as follows:

Asset Description	Level 1			Level 2		Level 3		Total
Common Stocks	$	234,668,642	*	$	—	$	—	$	234,668,642
Short-Term Investments		—			529,094		—		529,094
Total Investments	$	234,668,642		$	529,094	$	—	$	235,197,736

* The level classification by major category of investments is the same as the category presentation in the Portfolio of Investments.

For information on the Portfolio’s policy regarding the valuation of investments and other significant accounting policies, please refer to the Portfolio’s most recent financial statements included in its semiannual or annual report to shareholders.

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