John Hancock Variable Insurance Trust NPORT-P Investment Quality Bond Trust (Mar 2024 report)

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

500 Index Trust

	Shares or Principal Amount	Value
COMMON STOCKS – 97.1%
Communication services – 8.7%
Diversified telecommunication services – 0.6%
AT&T, Inc.	1,501,923	$	26,433,845
Verizon Communications, Inc.	882,862		37,044,890
			63,478,735
Entertainment – 1.3%
Electronic Arts, Inc.	51,664		6,854,263
Live Nation Entertainment, Inc. (A)	30,390		3,214,350
Netflix, Inc. (A)	90,939		55,229,983
Take-Two Interactive Software, Inc. (A)	33,229		4,934,174
The Walt Disney Company	386,212		47,256,900
Warner Brothers Discovery, Inc. (A)	468,020		4,085,815
			121,575,485
Interactive media and services – 6.0%
Alphabet, Inc., Class A (A)	1,238,350		186,904,166
Alphabet, Inc., Class C (A)	1,036,910		157,879,917
Match Group, Inc. (A)	57,048		2,069,701
Meta Platforms, Inc., Class A	462,357		224,511,312
			571,365,096
Media – 0.6%
Charter Communications, Inc., Class A (A)	20,642		5,999,184
Comcast Corp., Class A	832,009		36,067,590
Fox Corp., Class A	49,917		1,560,905
Fox Corp., Class B	28,364		811,778
News Corp., Class A	77,739		2,035,207
News Corp., Class B	24,074		651,442
Omnicom Group, Inc.	42,313		4,094,206
Paramount Global, Class B	101,798		1,198,162
The Interpublic Group of Companies, Inc.	78,829		2,572,190
			54,990,664
Wireless telecommunication services – 0.2%
T-Mobile US, Inc.	109,580		17,885,648
			829,295,628
Consumer discretionary – 10.0%
Automobile components – 0.1%
Aptiv PLC (A)	58,075		4,625,674
BorgWarner, Inc.	47,743		1,658,592
			6,284,266
Automobiles – 1.3%
Ford Motor Company	825,999		10,969,267
General Motors Company	242,340		10,990,119
Tesla, Inc. (A)	582,304		102,363,220
			124,322,606
Broadline retail – 3.7%
Amazon.com, Inc. (A)	1,920,885		346,489,236
eBay, Inc.	110,933		5,855,044
Etsy, Inc. (A)	25,524		1,754,009
			354,098,289
Distributors – 0.1%
Genuine Parts Company	29,082		4,505,674
LKQ Corp.	57,961		3,095,697
Pool Corp.	7,981		3,220,334
			10,821,705
Hotels, restaurants and leisure – 2.0%
Airbnb, Inc., Class A (A)	91,458		15,086,912
Booking Holdings, Inc.	7,337		26,617,756
Caesars Entertainment, Inc. (A)	43,225		1,890,662
Carnival Corp. (A)	208,498		3,406,857
Chipotle Mexican Grill, Inc. (A)	5,769		16,769,156
Darden Restaurants, Inc.	24,711		4,130,444

500 Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Hotels, restaurants and leisure (continued)
Domino's Pizza, Inc.	7,234	$	3,594,430
Expedia Group, Inc. (A)	27,593		3,800,936
Hilton Worldwide Holdings, Inc.	52,779		11,258,288
Las Vegas Sands Corp.	77,894		4,027,120
Marriott International, Inc., Class A	52,026		13,126,680
McDonald's Corp.	152,370		42,960,722
MGM Resorts International (A)	57,206		2,700,695
Norwegian Cruise Line Holdings, Ltd. (A)	94,115		1,969,827
Royal Caribbean Cruises, Ltd. (A)	49,856		6,930,483
Starbucks Corp.	238,032		21,753,744
Wynn Resorts, Ltd.	19,273		1,970,279
Yum! Brands, Inc.	59,319		8,224,579
			190,219,570
Household durables – 0.4%
D.R. Horton, Inc.	62,456		10,277,135
Garmin, Ltd.	31,837		4,739,574
Lennar Corp., Class A	51,815		8,911,144
Mohawk Industries, Inc. (A)	10,631		1,391,492
NVR, Inc. (A)	687		5,564,673
PulteGroup, Inc.	44,644		5,384,959
			36,268,977
Leisure products – 0.0%
Hasbro, Inc.	26,168		1,479,015
Specialty retail – 2.0%
AutoZone, Inc. (A)	3,616		11,396,366
Bath & Body Works, Inc.	46,024		2,302,120
Best Buy Company, Inc.	40,399		3,313,930
CarMax, Inc. (A)	34,276		2,985,782
Lowe's Companies, Inc.	120,594		30,718,910
O'Reilly Automotive, Inc. (A)	12,465		14,071,489
Ross Stores, Inc.	71,129		10,438,892
The Home Depot, Inc.	209,072		80,200,019
The TJX Companies, Inc.	240,164		24,357,433
Tractor Supply Company	22,804		5,968,263
Ulta Beauty, Inc. (A)	10,181		5,323,441
			191,076,645
Textiles, apparel and luxury goods – 0.4%
Deckers Outdoor Corp. (A)	5,378		5,062,096
Lululemon Athletica, Inc. (A)	24,201		9,454,121
NIKE, Inc., Class B	255,383		24,000,894
Ralph Lauren Corp.	8,648		1,623,748
Tapestry, Inc.	47,507		2,255,632
VF Corp.	66,571		1,021,199
			43,417,690
			957,988,763
Consumer staples – 5.8%
Beverages – 1.4%
Brown-Forman Corp., Class B	36,859		1,902,662
Constellation Brands, Inc., Class A	34,078		9,261,037
Keurig Dr. Pepper, Inc.	218,497		6,701,303
Molson Coors Beverage Company, Class B	37,938		2,551,331
Monster Beverage Corp. (A)	155,586		9,223,138
PepsiCo, Inc.	288,814		50,545,338
The Coca-Cola Company	816,944		49,980,634
			130,165,443
Consumer staples distribution and retail – 1.8%
Costco Wholesale Corp.	93,200		68,281,116
Dollar General Corp.	46,152		7,202,481
Dollar Tree, Inc. (A)	43,043		5,731,175
Sysco Corp.	103,750		8,422,425
Target Corp.	96,890		17,169,877

 

1

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

500 Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Consumer staples distribution and retail (continued)
The Kroger Company	139,979	$	7,997,000
Walgreens Boots Alliance, Inc.	154,719		3,355,855
Walmart, Inc.	900,719		54,196,262
			172,356,191
Food products – 0.8%
Archer-Daniels-Midland Company	112,105		7,041,315
Bunge Global SA	30,477		3,124,502
Campbell Soup Company	40,598		1,804,581
Conagra Brands, Inc.	98,539		2,920,696
General Mills, Inc.	119,303		8,347,631
Hormel Foods Corp.	58,343		2,035,587
Kellanova	53,996		3,093,431
Lamb Weston Holdings, Inc.	30,263		3,223,917
McCormick & Company, Inc.	54,062		4,152,502
Mondelez International, Inc., Class A	282,913		19,803,910
The Hershey Company	31,565		6,139,393
The J.M. Smucker Company	22,435		2,823,893
The Kraft Heinz Company	167,615		6,184,994
Tyson Foods, Inc., Class A	61,645		3,620,411
			74,316,763
Household products – 1.2%
Church & Dwight Company, Inc.	52,281		5,453,431
Colgate-Palmolive Company	173,121		15,589,546
Kimberly-Clark Corp.	71,005		9,184,497
The Clorox Company	26,539		4,063,386
The Procter & Gamble Company	494,633		80,254,204
			114,545,064
Personal care products – 0.1%
Kenvue, Inc.	363,186		7,793,972
The Estee Lauder Companies, Inc., Class A	49,028		7,557,666
			15,351,638
Tobacco – 0.5%
Altria Group, Inc.	371,639		16,210,893
Philip Morris International, Inc.	326,105		29,877,740
			46,088,633
			552,823,732
Energy – 3.8%
Energy equipment and services – 0.3%
Baker Hughes Company	211,235		7,076,373
Halliburton Company	185,026		7,293,725
Schlumberger, Ltd.	299,662		16,424,474
			30,794,572
Oil, gas and consumable fuels – 3.5%
APA Corp.	61,418		2,111,551
Chevron Corp.	364,260		57,458,372
ConocoPhillips	247,125		31,454,070
Coterra Energy, Inc.	161,099		4,491,440
Devon Energy Corp.	135,178		6,783,232
Diamondback Energy, Inc.	37,798		7,490,430
EOG Resources, Inc.	122,699		15,685,840
EQT Corp.	86,684		3,213,376
Exxon Mobil Corp.	834,088		96,954,389
Hess Corp.	58,291		8,897,538
Kinder Morgan, Inc.	407,700		7,477,218
Marathon Oil Corp.	122,835		3,481,144
Marathon Petroleum Corp.	77,101		15,535,852
Occidental Petroleum Corp.	138,973		9,031,855
ONEOK, Inc.	122,606		9,829,323
Phillips 66	90,207		14,734,411
Pioneer Natural Resources Company	49,047		12,874,838
Targa Resources Corp.	47,383		5,306,422

500 Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Oil, gas and consumable fuels (continued)
The Williams Companies, Inc.	255,987	$	9,975,813
Valero Energy Corp.	71,592		12,220,038
			335,007,152
			365,801,724
Financials – 12.8%
Banks – 3.3%
Bank of America Corp.	1,445,975		54,831,372
Citigroup, Inc.	399,077		25,237,629
Citizens Financial Group, Inc.	99,705		3,618,294
Comerica, Inc.	26,372		1,450,196
Fifth Third Bancorp	141,001		5,246,647
Huntington Bancshares, Inc.	310,931		4,337,487
JPMorgan Chase & Co.	608,022		121,786,807
KeyCorp	193,656		3,061,701
M&T Bank Corp.	34,330		4,992,955
Regions Financial Corp.	197,756		4,160,786
The PNC Financial Services Group, Inc.	83,879		13,554,846
Truist Financial Corp.	280,763		10,944,142
U.S. Bancorp	327,467		14,637,775
Wells Fargo & Company	756,351		43,838,104
			311,698,741
Capital markets – 2.7%
Ameriprise Financial, Inc.	21,046		9,227,408
BlackRock, Inc.	29,335		24,456,590
Cboe Global Markets, Inc.	21,783		4,002,191
CME Group, Inc.	75,512		16,256,978
FactSet Research Systems, Inc.	8,198		3,725,089
Franklin Resources, Inc.	63,812		1,793,755
Intercontinental Exchange, Inc.	120,046		16,497,922
Invesco, Ltd.	91,704		1,521,369
MarketAxess Holdings, Inc.	7,588		1,663,669
Moody's Corp.	33,015		12,975,885
Morgan Stanley	263,241		24,786,773
MSCI, Inc.	16,610		9,309,075
Nasdaq, Inc.	72,745		4,590,210
Northern Trust Corp.	42,787		3,804,620
Raymond James Financial, Inc.	40,042		5,142,194
S&P Global, Inc.	67,520		28,726,384
State Street Corp.	64,676		5,000,748
T. Rowe Price Group, Inc.	46,362		5,652,455
The Bank of New York Mellon Corp.	159,771		9,206,005
The Blackstone Group, Inc.	151,299		19,876,150
The Charles Schwab Corp.	312,515		22,607,335
The Goldman Sachs Group, Inc.	68,456		28,593,387
			259,416,192
Consumer finance – 0.5%
American Express Company	120,018		27,326,898
Capital One Financial Corp.	79,996		11,910,604
Discover Financial Services	52,523		6,885,240
Synchrony Financial	83,854		3,615,784
			49,738,526
Financial services – 4.2%
Berkshire Hathaway, Inc., Class B (A)	382,398		160,806,007
Corpay, Inc. (A)	15,122		4,665,742
Fidelity National Information Services, Inc.	124,533		9,237,858
Fiserv, Inc. (A)	125,921		20,124,694
Global Payments, Inc.	54,734		7,315,746
Jack Henry & Associates, Inc.	15,745		2,735,379
Mastercard, Inc., Class A	173,359		83,484,494
PayPal Holdings, Inc. (A)	226,518		15,174,441

 

2

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

500 Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Financial services (continued)
Visa, Inc., Class A	332,357	$	92,754,192
			396,298,553
Insurance – 2.1%
Aflac, Inc.	110,325		9,472,505
American International Group, Inc.	148,119		11,578,462
Aon PLC, Class A	42,062		14,036,931
Arch Capital Group, Ltd. (A)	78,397		7,247,019
Arthur J. Gallagher & Company	45,228		11,308,809
Assurant, Inc.	10,727		2,019,250
Brown & Brown, Inc.	48,417		4,238,424
Chubb, Ltd.	85,519		22,160,538
Cincinnati Financial Corp.	33,625		4,175,216
Everest Group, Ltd.	9,314		3,702,315
Globe Life, Inc.	18,268		2,125,847
Loews Corp.	37,763		2,956,465
Marsh & McLennan Companies, Inc.	103,283		21,274,232
MetLife, Inc.	128,710		9,538,698
Principal Financial Group, Inc.	46,973		4,054,240
Prudential Financial, Inc.	75,815		8,900,681
The Allstate Corp.	55,022		9,519,356
The Hartford Financial Services Group, Inc.	62,279		6,417,851
The Progressive Corp.	122,901		25,418,385
The Travelers Companies, Inc.	47,947		11,034,523
W.R. Berkley Corp.	43,307		3,830,071
Willis Towers Watson PLC	21,567		5,930,925
			200,940,743
			1,218,092,755
Health care – 12.1%
Biotechnology – 1.9%
AbbVie, Inc.	370,674		67,499,735
Amgen, Inc.	112,368		31,948,470
Biogen, Inc. (A)	30,493		6,575,206
Gilead Sciences, Inc.	261,639		19,165,057
Incyte Corp. (A)	38,006		2,165,202
Moderna, Inc. (A)	70,109		7,470,815
Regeneron Pharmaceuticals, Inc. (A)	22,207		21,374,015
Vertex Pharmaceuticals, Inc. (A)	54,124		22,624,373
			178,822,873
Health care equipment and supplies – 2.5%
Abbott Laboratories	364,269		41,402,815
Align Technology, Inc. (A)	14,682		4,814,521
Baxter International, Inc.	108,142		4,621,989
Becton, Dickinson and Company	60,888		15,066,736
Boston Scientific Corp. (A)	307,210		21,040,813
Dentsply Sirona, Inc.	43,433		1,441,541
DexCom, Inc. (A)	81,185		11,260,360
Edwards Lifesciences Corp. (A)	127,558		12,189,442
GE HealthCare Technologies, Inc.	85,190		7,744,623
Hologic, Inc. (A)	50,328		3,923,571
IDEXX Laboratories, Inc. (A)	17,471		9,433,117
Insulet Corp. (A)	15,157		2,597,910
Intuitive Surgical, Inc. (A)	73,941		29,509,114
Medtronic PLC	279,244		24,336,115
ResMed, Inc.	30,654		6,070,412
STERIS PLC	20,587		4,628,369
Stryker Corp.	70,971		25,398,392
Teleflex, Inc.	10,276		2,324,123
The Cooper Companies, Inc.	40,805		4,140,075
Zimmer Biomet Holdings, Inc.	44,410		5,861,232
			237,805,270
Health care providers and services – 2.5%
Cardinal Health, Inc.	50,724		5,676,016

500 Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Health care providers and services (continued)
Cencora, Inc.	34,911	$	8,483,024
Centene Corp. (A)	112,842		8,855,840
CVS Health Corp.	264,338		21,083,599
DaVita, Inc. (A)	11,227		1,549,887
Elevance Health, Inc.	49,301		25,564,541
HCA Healthcare, Inc.	41,657		13,893,859
Henry Schein, Inc. (A)	27,440		2,072,269
Humana, Inc.	25,857		8,965,139
Laboratory Corp. of America Holdings	18,224		3,981,215
McKesson Corp.	27,561		14,796,123
Molina Healthcare, Inc. (A)	11,914		4,894,629
Quest Diagnostics, Inc.	22,871		3,044,359
The Cigna Group	61,435		22,312,578
UnitedHealth Group, Inc.	194,496		96,217,171
Universal Health Services, Inc., Class B	13,093		2,388,949
			243,779,198
Life sciences tools and services – 1.4%
Agilent Technologies, Inc.	62,080		9,033,261
Bio-Rad Laboratories, Inc., Class A (A)	4,320		1,494,158
Bio-Techne Corp.	34,148		2,403,678
Charles River Laboratories International, Inc. (A)	10,951		2,967,173
Danaher Corp.	138,090		34,483,835
Illumina, Inc. (A)	32,843		4,510,001
IQVIA Holdings, Inc. (A)	38,481		9,731,460
Mettler-Toledo International, Inc. (A)	4,498		5,988,142
Revvity, Inc.	25,446		2,671,830
Thermo Fisher Scientific, Inc.	81,131		47,154,149
Waters Corp. (A)	12,589		4,333,511
West Pharmaceutical Services, Inc.	15,620		6,180,990
			130,952,188
Pharmaceuticals – 3.8%
Bristol-Myers Squibb Company	428,064		23,213,911
Catalent, Inc. (A)	39,346		2,221,082
Eli Lilly & Company	167,481		130,293,519
Johnson & Johnson	506,502		80,123,551
Merck & Company, Inc.	532,091		70,209,407
Pfizer, Inc.	1,186,028		32,912,277
Viatris, Inc.	244,448		2,918,709
Zoetis, Inc.	96,505		16,329,611
			358,222,067
			1,149,581,596
Industrials – 8.6%
Aerospace and defense – 1.4%
Axon Enterprise, Inc. (A)	14,968		4,683,188
General Dynamics Corp.	47,541		13,429,857
Howmet Aerospace, Inc.	81,497		5,576,840
Huntington Ingalls Industries, Inc.	8,053		2,347,208
L3Harris Technologies, Inc.	39,951		8,513,558
Lockheed Martin Corp.	45,177		20,549,662
Northrop Grumman Corp.	29,811		14,269,333
RTX Corp.	278,862		27,197,411
Textron, Inc.	40,372		3,872,886
The Boeing Company (A)	120,563		23,267,453
TransDigm Group, Inc.	11,646		14,343,214
			138,050,610
Air freight and logistics – 0.4%
CH Robinson Worldwide, Inc.	23,622		1,798,579
Expeditors International of Washington, Inc.	30,470		3,704,238
FedEx Corp.	48,693		14,108,310

 

3

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

500 Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Air freight and logistics (continued)
United Parcel Service, Inc., Class B	152,194	$	22,620,594
			42,231,721
Building products – 0.5%
A.O. Smith Corp.	25,900		2,317,014
Allegion PLC	17,708		2,385,445
Builders FirstSource, Inc. (A)	26,054		5,433,562
Carrier Global Corp.	176,417		10,255,120
Johnson Controls International PLC	143,532		9,375,510
Masco Corp.	45,463		3,586,121
Trane Technologies PLC	48,051		14,424,910
			47,777,682
Commercial services and supplies – 0.6%
Cintas Corp.	18,158		12,475,091
Copart, Inc. (A)	183,486		10,627,509
Republic Services, Inc.	42,889		8,210,670
Rollins, Inc.	59,060		2,732,706
Veralto Corp.	45,500		4,034,030
Waste Management, Inc.	76,775		16,364,591
			54,444,597
Construction and engineering – 0.1%
Quanta Services, Inc.	30,081		7,815,044
Electrical equipment – 0.7%
AMETEK, Inc.	48,455		8,862,420
Eaton Corp. PLC	83,831		26,212,277
Emerson Electric Company	119,684		13,574,559
Generac Holdings, Inc. (A)	12,868		1,623,170
Hubbell, Inc.	11,189		4,643,994
Rockwell Automation, Inc.	24,127		7,028,919
			61,945,339
Ground transportation – 1.1%
CSX Corp.	415,663		15,408,627
JB Hunt Transport Services, Inc.	16,742		3,335,844
Norfolk Southern Corp.	47,581		12,126,969
Old Dominion Freight Line, Inc.	37,718		8,271,935
Uber Technologies, Inc. (A)	432,339		33,285,780
Union Pacific Corp.	128,055		31,492,566
			103,921,721
Industrial conglomerates – 0.8%
3M Company	116,013		12,305,499
General Electric Company	228,533		40,114,397
Honeywell International, Inc.	138,292		28,384,433
			80,804,329
Machinery – 1.8%
Caterpillar, Inc.	107,175		39,272,135
Cummins, Inc.	29,858		8,797,660
Deere & Company	54,625		22,436,673
Dover Corp.	29,688		5,260,417
Fortive Corp.	73,073		6,285,739
IDEX Corp.	15,651		3,819,157
Illinois Tool Works, Inc.	57,365		15,392,750
Ingersoll Rand, Inc.	84,938		8,064,863
Nordson Corp.	11,585		3,180,546
Otis Worldwide Corp.	85,763		8,513,693
PACCAR, Inc.	110,078		13,637,563
Parker-Hannifin Corp.	26,965		14,986,877
Pentair PLC	34,561		2,952,892
Snap-on, Inc.	11,356		3,363,874
Stanley Black & Decker, Inc.	31,464		3,081,270
Wabtec Corp.	37,945		5,527,828

500 Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Machinery (continued)
Xylem, Inc.	50,953	$	6,585,166
			171,159,103
Passenger airlines – 0.2%
American Airlines Group, Inc. (A)	144,014		2,210,615
Delta Air Lines, Inc.	132,778		6,356,083
Southwest Airlines Company	128,158		3,740,932
United Airlines Holdings, Inc. (A)	67,626		3,237,933
			15,545,563
Professional services – 0.7%
Automatic Data Processing, Inc.	86,298		21,552,063
Broadridge Financial Solutions, Inc.	24,920		5,105,111
Dayforce, Inc. (A)	31,752		2,102,300
Equifax, Inc.	25,896		6,927,698
Jacobs Solutions, Inc.	26,934		4,140,564
Leidos Holdings, Inc.	28,364		3,718,237
Paychex, Inc.	67,471		8,285,439
Paycom Software, Inc.	9,799		1,950,099
Robert Half, Inc.	22,088		1,751,137
Verisk Analytics, Inc.	30,448		7,177,507
			62,710,155
Trading companies and distributors – 0.3%
Fastenal Company	120,060		9,261,428
United Rentals, Inc.	14,253		10,277,981
W.W. Grainger, Inc.	9,284		9,444,613
			28,984,022
			815,389,886
Information technology – 28.7%
Communications equipment – 0.8%
Arista Networks, Inc. (A)	52,969		15,359,951
Cisco Systems, Inc.	854,424		42,644,302
F5, Inc. (A)	12,007		2,276,407
Juniper Networks, Inc.	70,014		2,594,719
Motorola Solutions, Inc.	34,886		12,383,832
			75,259,211
Electronic equipment, instruments and components – 0.6%
Amphenol Corp., Class A	125,259		14,448,626
CDW Corp.	28,406		7,265,687
Corning, Inc.	163,784		5,398,321
Jabil, Inc.	26,885		3,601,246
Keysight Technologies, Inc. (A)	36,597		5,723,039
TE Connectivity, Ltd.	65,111		9,456,722
Teledyne Technologies, Inc. (A)	10,038		4,309,514
Trimble, Inc. (A)	52,802		3,398,337
Zebra Technologies Corp., Class A (A)	10,441		3,147,335
			56,748,827
IT services – 1.1%
Accenture PLC, Class A	131,742		45,663,095
Akamai Technologies, Inc. (A)	30,888		3,359,379
Cognizant Technology Solutions Corp., Class A	105,641		7,742,429
EPAM Systems, Inc. (A)	11,855		3,273,877
Gartner, Inc. (A)	16,479		7,855,045
IBM Corp.	192,525		36,764,574
VeriSign, Inc. (A)	18,144		3,438,469
			108,096,868
Semiconductors and semiconductor equipment – 10.0%
Advanced Micro Devices, Inc. (A)	339,306		61,241,340
Analog Devices, Inc.	104,594		20,687,647
Applied Materials, Inc.	174,844		36,058,078
Broadcom, Inc.	92,483		122,577,893
Enphase Energy, Inc. (A)	28,135		3,403,772
First Solar, Inc. (A)	22,764		3,842,563

 

4

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

500 Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Semiconductors and semiconductor equipment (continued)
Intel Corp.	889,745	$	39,300,037
KLA Corp.	28,561		19,951,858
Lam Research Corp.	27,489		26,707,488
Microchip Technology, Inc.	113,684		10,198,592
Micron Technology, Inc.	232,569		27,417,559
Monolithic Power Systems, Inc.	10,072		6,822,974
NVIDIA Corp.	519,081		469,020,828
NXP Semiconductors NV	54,135		13,413,029
ON Semiconductor Corp. (A)	90,555		6,660,320
Qorvo, Inc. (A)	19,929		2,288,447
Qualcomm, Inc.	234,785		39,749,101
Skyworks Solutions, Inc.	32,934		3,567,411
Teradyne, Inc.	31,606		3,566,105
Texas Instruments, Inc.	190,623		33,208,433
			949,683,475
Software – 10.4%
Adobe, Inc. (A)	94,974		47,923,880
ANSYS, Inc. (A)	18,391		6,384,620
Autodesk, Inc. (A)	44,916		11,697,025
Cadence Design Systems, Inc. (A)	57,132		17,784,049
Fair Isaac Corp. (A)	5,259		6,571,699
Fortinet, Inc. (A)	134,532		9,189,881
Gen Digital, Inc.	119,359		2,673,642
Intuit, Inc.	58,845		38,249,250
Microsoft Corp.	1,561,437		656,927,768
Oracle Corp.	335,105		42,092,539
Palo Alto Networks, Inc. (A)	66,274		18,830,432
PTC, Inc. (A)	25,535		4,824,583
Roper Technologies, Inc.	22,396		12,560,573
Salesforce, Inc.	203,393		61,257,904
ServiceNow, Inc. (A)	43,044		32,816,746
Synopsys, Inc. (A)	31,922		18,243,423
Tyler Technologies, Inc. (A)	8,986		3,819,140
			991,847,154
Technology hardware, storage and peripherals – 5.8%
Apple, Inc.	3,050,300		523,065,444
Hewlett Packard Enterprise Company	276,954		4,910,394
HP, Inc.	183,648		5,549,843
NetApp, Inc.	43,319		4,547,195
Seagate Technology Holdings PLC	40,232		3,743,588
Super Micro Computer, Inc. (A)	10,230		10,332,607
Western Digital Corp. (A)	68,228		4,655,879
			556,804,950
			2,738,440,485
Materials – 2.3%
Chemicals – 1.5%
Air Products & Chemicals, Inc.	46,605		11,290,993
Albemarle Corp.	25,390		3,344,879
Celanese Corp.	20,658		3,550,284
CF Industries Holdings, Inc.	39,411		3,279,389
Corteva, Inc.	147,039		8,479,739
Dow, Inc.	146,860		8,507,600
DuPont de Nemours, Inc.	89,589		6,868,789
Eastman Chemical Company	24,757		2,481,147
Ecolab, Inc.	53,101		12,261,021
FMC Corp.	25,392		1,617,470
International Flavors & Fragrances, Inc.	54,559		4,691,528
Linde PLC	102,085		47,400,107
LyondellBasell Industries NV, Class A	53,969		5,519,949
PPG Industries, Inc.	49,272		7,139,513
The Mosaic Company	71,229		2,312,093

500 Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Chemicals (continued)
The Sherwin-Williams Company	49,396	$	17,156,713
			145,901,214
Construction materials – 0.2%
Martin Marietta Materials, Inc.	13,084		8,032,791
Vulcan Materials Company	27,905		7,615,833
			15,648,624
Containers and packaging – 0.2%
Amcor PLC	302,948		2,881,035
Avery Dennison Corp.	17,229		3,846,374
Ball Corp.	67,586		4,552,593
International Paper Company	70,224		2,740,140
Packaging Corp. of America	18,795		3,566,915
Westrock Company	55,147		2,727,019
			20,314,076
Metals and mining – 0.4%
Freeport-McMoRan, Inc.	301,706		14,186,216
Newmont Corp.	242,400		8,687,616
Nucor Corp.	51,842		10,259,532
Steel Dynamics, Inc.	32,416		4,805,024
			37,938,388
			219,802,302
Real estate – 2.2%
Health care REITs – 0.2%
Healthpeak Properties, Inc.	149,164		2,796,825
Ventas, Inc.	85,724		3,732,423
Welltower, Inc.	116,234		10,860,905
			17,390,153
Hotel and resort REITs – 0.0%
Host Hotels & Resorts, Inc.	152,870		3,161,352
Industrial REITs – 0.2%
Prologis, Inc.	194,097		25,275,311
Office REITs – 0.1%
Alexandria Real Estate Equities, Inc.	33,486		4,316,680
Boston Properties, Inc.	29,576		1,931,609
			6,248,289
Real estate management and development – 0.1%
CBRE Group, Inc., Class A (A)	62,854		6,111,923
CoStar Group, Inc. (A)	85,811		8,289,343
			14,401,266
Residential REITs – 0.3%
AvalonBay Communities, Inc.	29,344		5,445,073
Camden Property Trust	23,219		2,284,750
Equity Residential	71,650		4,521,832
Essex Property Trust, Inc.	13,881		3,398,208
Invitation Homes, Inc.	118,866		4,232,818
Mid-America Apartment Communities, Inc.	24,239		3,189,368
UDR, Inc.	65,730		2,458,959
			25,531,008
Retail REITs – 0.3%
Federal Realty Investment Trust	14,679		1,499,019
Kimco Realty Corp.	136,279		2,672,431
Realty Income Corp.	174,295		9,429,360
Regency Centers Corp.	33,451		2,025,793
Simon Property Group, Inc.	68,578		10,731,771
			26,358,374
Specialized REITs – 1.0%
American Tower Corp.	97,917		19,347,420
Crown Castle, Inc.	91,188		9,650,426
Digital Realty Trust, Inc.	63,658		9,169,298
Equinix, Inc.	19,714		16,270,556

 

5

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

500 Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Specialized REITs (continued)
Extra Space Storage, Inc.	44,495	$	6,540,765
Iron Mountain, Inc.	62,270		4,994,677
Public Storage	33,227		9,637,824
SBA Communications Corp.	22,683		4,915,406
VICI Properties, Inc.	217,429		6,477,210
Weyerhaeuser Company	154,513		5,548,562
			92,552,144
			210,917,897
Utilities – 2.1%
Electric utilities – 1.4%
Alliant Energy Corp.	55,250		2,784,600
American Electric Power Company, Inc.	110,110		9,480,471
Constellation Energy Corp.	67,069		12,397,705
Duke Energy Corp.	161,336		15,602,805
Edison International	80,489		5,692,987
Entergy Corp.	44,993		4,754,860
Evergy, Inc.	49,811		2,658,911
Eversource Energy	72,426		4,328,902
Exelon Corp.	208,811		7,845,029
FirstEnergy Corp.	106,922		4,129,328
NextEra Energy, Inc.	430,692		27,525,526
NRG Energy, Inc.	47,404		3,208,777
PG&E Corp.	448,540		7,517,530
Pinnacle West Capital Corp.	22,789		1,703,022
PPL Corp.	157,541		4,337,104
The Southern Company	228,249		16,374,583
Xcel Energy, Inc.	116,163		6,243,761
			136,585,901
Gas utilities – 0.0%
Atmos Energy Corp.	32,243		3,832,725
Independent power and renewable electricity producers – 0.0%
The AES Corp.	135,968		2,437,906
Multi-utilities – 0.6%
Ameren Corp.	56,393		4,170,826

500 Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Multi-utilities (continued)
CenterPoint Energy, Inc.	135,148	$	3,850,367
CMS Energy Corp.	62,658		3,780,784
Consolidated Edison, Inc.	72,524		6,585,904
Dominion Energy, Inc.	175,464		8,631,074
DTE Energy Company	43,818		4,913,751
NiSource, Inc.	84,147		2,327,506
Public Service Enterprise Group, Inc.	104,426		6,973,568
Sempra	131,422		9,440,042
WEC Energy Group, Inc.	66,452		5,457,038
			56,130,860
Water utilities – 0.1%
American Water Works Company, Inc.	41,050		5,016,721
			204,004,113
TOTAL COMMON STOCKS (Cost $3,273,583,362)		$	9,262,138,881
SHORT-TERM INVESTMENTS – 2.8%
Short-term funds – 2.8%
John Hancock Collateral Trust, 5.2975% (B)(C)	26,409,859		264,029,924
TOTAL SHORT-TERM INVESTMENTS (Cost $264,114,969)		$	264,029,924
Total Investments (500 Index Trust) (Cost $3,537,698,331) – 99.9%		$	9,526,168,805
Other assets and liabilities, net – 0.1%			6,039,755
TOTAL NET ASSETS – 100.0%		$	9,532,208,560

Security Abbreviations and Legend
(A)	Non-income producing security.
(B)	The rate shown is the annualized seven-day yield as of 3-31-24.
(C)	Investment is an affiliate of the fund, the advisor and/or subadvisor.

 

DERIVATIVES

FUTURES

Open contracts	Number of contracts	Position	Expiration date	Notional basis^	Notional value^	Unrealized appreciation (depreciation)
S&P 500 E-Mini Index Futures	1,091	Long	Jun 2024	$285,141,350	$289,578,675	$4,437,325
						$4,437,325

^ Notional basis refers to the contractual amount agreed upon at inception of open contracts; notional value represents the current value of the open contract.

Active Bond Trust

		Shares or Principal Amount	Value
U.S. GOVERNMENT AND AGENCY OBLIGATIONS – 52.2%
U.S. Government – 18.8%
U.S. Treasury Bonds
1.250%, 05/15/2050	$	2,000,000	$	1,022,891
1.625%, 11/15/2050		6,500,000		3,671,230
1.875%, 02/15/2041		6,000,000		4,182,891
2.000%, 08/15/2051		3,000,000		1,858,711
2.250%, 05/15/2041 to 02/15/2052		3,389,000		2,472,358

Active Bond Trust (continued)

		Shares or Principal Amount	Value
U.S. GOVERNMENT AND AGENCY OBLIGATIONS (continued)
U.S. Government (continued)
U.S. Treasury Bonds (continued)
2.500%, 02/15/2045	$	7,566,000	$	5,532,342
3.000%, 02/15/2047 to 08/15/2052		7,248,000		5,663,874
3.375%, 08/15/2042 to 11/15/2048		5,217,000		4,465,150
3.625%, 02/15/2053		574,000		504,044
3.875%, 05/15/2043		560,000		516,841

 

6

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Active Bond Trust (continued)

		Shares or Principal Amount	Value
U.S. GOVERNMENT AND AGENCY OBLIGATIONS (continued)
U.S. Government (continued)
U.S. Treasury Bonds (continued)
4.000%, 11/15/2042	$	4,927,000	$	4,641,003
4.500%, 02/15/2044		6,483,000		6,518,454
4.750%, 11/15/2043 to 11/15/2053		19,672,000		20,679,752
U.S. Treasury Notes
1.375%, 11/15/2031		4,000,000		3,267,188
1.625%, 05/15/2031		1,590,000		1,339,948
3.875%, 08/15/2033		5,180,000		5,042,406
4.000%, 01/31/2031 to 02/15/2034		13,904,000		13,681,505
4.250%, 02/28/2029 to 02/28/2031		18,199,000		18,228,203
				103,288,791
U.S. Government Agency – 33.4%
Federal Home Loan Mortgage Corp.
2.000%, 06/01/2036		706,030		629,479
2.500%, 08/01/2051 to 12/01/2051		1,655,019		1,388,517
3.000%, 03/01/2043 to 02/01/2052		5,264,808		4,642,035
3.500%, 10/01/2046 to 07/01/2052		14,550,765		13,217,355
4.000%, 01/01/2041 to 04/01/2053		8,755,220		8,160,913
4.500%, 12/01/2037 to 08/01/2053		15,260,244		14,696,242
5.000%, 09/01/2052 to 09/01/2053		14,511,573		14,215,721
5.500%, 09/01/2052 to 07/01/2053		4,693,499		4,707,774
Federal National Mortgage Association
2.000%, 04/01/2037 to 12/01/2050		3,355,666		2,752,200
2.500%, 01/01/2036 to 03/01/2052		8,145,122		6,880,025
3.000%, 01/01/2043 to 03/01/2052		28,389,830		24,816,381
3.500%, 06/01/2042 to 08/01/2052		21,572,331		19,564,563
4.000%, 10/01/2025 to 07/01/2052		23,684,646		22,191,793
4.500%, 11/01/2037 to 08/01/2053		20,729,254		19,912,586
5.000%, 12/01/2034 to 05/01/2053		21,261,996		20,912,309
5.500%, 09/01/2034 to 12/01/2052		3,593,675		3,630,819
5.858%, (1 Year Refinitiv USD IBOR Consumer Cash Fallback Rate + 1.605%), 08/01/2034 (A)		104,786		106,706
6.000%, 05/01/2035 to 02/01/2036		732,742		755,966
6.372%, (6 month Refinitiv USD IBOR Consumer Cash Fallback Rate + 2.122%), 07/01/2033 (A)		10,246		10,451
7.000%, 09/01/2031 to 06/01/2032		57,820		60,140
7.500%, 09/01/2029 to 05/01/2031		6,684		6,962
Government National Mortgage Association
4.000%, 02/15/2041		677,929		647,551
5.000%, 04/15/2035		91,281		90,808
5.500%, 03/15/2035		40,756		41,328
6.000%, 03/15/2033 to 06/15/2033		75,588		77,003
6.500%, 09/15/2028 to 08/15/2031		10,023		10,193
7.000%, 04/15/2029		14,208		14,458
8.000%, 10/15/2026		5,835		5,919
				184,146,197
TOTAL U.S. GOVERNMENT AND AGENCY OBLIGATIONS (Cost $308,283,962)			$	287,434,988
FOREIGN GOVERNMENT OBLIGATIONS – 0.0%
Argentina – 0.0%
Republic of Argentina, GDP-Linked Note 7.821%, 12/15/2035 (B)*	ARS	19,532,033		1,617
TOTAL FOREIGN GOVERNMENT OBLIGATIONS (Cost $0)			$	1,617
CORPORATE BONDS – 36.2%
Communication services – 2.7%
C&W Senior Finance, Ltd. 6.875%, 09/15/2027 (C)	$	251,000		237,042
Charter Communications Operating LLC
2.800%, 04/01/2031		400,000		327,749

Active Bond Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Communication services (continued)
Charter Communications Operating LLC (continued)
4.200%, 03/15/2028	$	986,000	$	929,333
5.750%, 04/01/2048		1,111,000		935,578
6.384%, 10/23/2035		781,000		771,845
Connect Finco SARL 6.750%, 10/01/2026 (C)		260,000		254,872
GCI LLC 4.750%, 10/15/2028 (C)		486,000		445,616
Match Group Holdings II LLC
3.625%, 10/01/2031 (C)		81,000		68,830
4.125%, 08/01/2030 (C)		189,000		168,161
Millicom International Cellular SA
6.250%, 03/25/2029 (C)		394,200		384,967
7.375%, 04/02/2032 (C)		200,000		200,000
Netflix, Inc.
4.875%, 04/15/2028		803,000		801,873
5.375%, 11/15/2029 (C)		80,000		81,639
5.875%, 11/15/2028		779,000		809,792
News Corp. 3.875%, 05/15/2029 (C)		403,000		368,524
Paramount Global
4.200%, 05/19/2032		190,000		157,843
4.375%, 03/15/2043		831,000		563,945
4.950%, 05/19/2050		761,000		540,986
Sirius XM Radio, Inc.
4.000%, 07/15/2028 (C)		148,000		135,401
5.000%, 08/01/2027 (C)		643,000		618,619
Telesat Canada 5.625%, 12/06/2026 (C)		112,000		56,000
T-Mobile USA, Inc.
3.375%, 04/15/2029		579,000		535,477
3.875%, 04/15/2030		1,893,000		1,773,329
4.500%, 04/15/2050		300,000		260,040
Total Play Telecomunicaciones SA de CV 6.375%, 09/20/2028 (C)		278,000		136,551
Vodafone Group PLC
5.625%, 02/10/2053		333,000		330,948
7.000%, (7.000% to 4-4-29, then 5 Year U.S. Swap Rate + 4.873% to 4-4-49, then 5 Year U.S. Swap Rate + 5.623%), 04/04/2079		452,000		466,233
WarnerMedia Holdings, Inc.
4.279%, 03/15/2032		497,000		443,940
5.050%, 03/15/2042		268,000		230,344
5.141%, 03/15/2052		1,462,000		1,213,456
WMG Acquisition Corp. 3.875%, 07/15/2030 (C)		120,000		106,317
Zayo Group Holdings, Inc. 4.000%, 03/01/2027 (C)(D)		364,000		299,624
				14,654,874
Consumer discretionary – 3.5%
Amer Sports Company 6.750%, 02/16/2031 (C)		119,000		118,697
Asbury Automotive Group, Inc.
4.625%, 11/15/2029 (C)		128,000		118,122
4.750%, 03/01/2030		388,000		357,336
AutoNation, Inc. 4.750%, 06/01/2030		736,000		706,686
Booking Holdings, Inc. 4.625%, 04/13/2030		569,000		561,975
Brookfield Residential Properties, Inc. 5.000%, 06/15/2029 (C)		94,000		85,270

 

7

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Active Bond Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Consumer discretionary (continued)
Brunswick Corp. 5.850%, 03/18/2029	$	222,000	$	224,411
Caesars Entertainment, Inc. 6.500%, 02/15/2032 (C)		234,000		236,061
CCM Merger, Inc. 6.375%, 05/01/2026 (C)		89,000		88,917
Century Communities, Inc. 3.875%, 08/15/2029 (C)		189,000		170,164
Dealer Tire LLC 8.000%, 02/01/2028 (C)		257,000		255,825
Ford Motor Company
3.250%, 02/12/2032		395,000		328,563
6.100%, 08/19/2032		562,000		569,483
Ford Motor Credit Company LLC
4.000%, 11/13/2030		1,016,000		907,138
5.113%, 05/03/2029		897,000		870,830
5.800%, 03/08/2029		337,000		338,341
6.800%, 05/12/2028		1,580,000		1,641,444
Full House Resorts, Inc. 8.250%, 02/15/2028 (C)		134,000		128,056
GEMS MENASA Cayman, Ltd. 7.125%, 07/31/2026 (C)		220,000		220,329
General Motors Company 5.400%, 04/01/2048		272,000		249,440
General Motors Financial Company, Inc.
2.400%, 10/15/2028		1,305,000		1,154,937
3.600%, 06/21/2030		1,625,000		1,466,894
Group 1 Automotive, Inc. 4.000%, 08/15/2028 (C)		140,000		129,030
Hilton Grand Vacations Borrower Escrow LLC
5.000%, 06/01/2029 (C)		436,000		406,614
6.625%, 01/15/2032 (C)		454,000		455,833
Hyundai Capital America
2.375%, 10/15/2027 (C)		156,000		141,430
5.300%, 01/08/2029 (C)		262,000		262,347
5.680%, 06/26/2028 (C)		538,000		545,418
Jacobs Entertainment, Inc. 6.750%, 02/15/2029 (C)		104,000		101,028
KB Home 4.000%, 06/15/2031		215,000		190,582
Kohl's Corp. 4.625%, 05/01/2031		236,000		198,600
Lithia Motors, Inc.
3.875%, 06/01/2029 (C)		351,000		316,323
4.375%, 01/15/2031 (C)		196,000		175,562
4.625%, 12/15/2027 (C)		50,000		48,020
Macy's Retail Holdings LLC
5.875%, 04/01/2029 to 03/15/2030 (C)		643,000		627,145
6.125%, 03/15/2032 (C)		365,000		353,790
MDC Holdings, Inc. 2.500%, 01/15/2031		155,000		133,438
MGM Resorts International 4.750%, 10/15/2028		731,000		695,226
Midwest Gaming Borrower LLC 4.875%, 05/01/2029 (C)		496,000		459,274
Mohegan Tribal Gaming Authority 8.000%, 02/01/2026 (C)		144,000		140,905
Nissan Motor Acceptance Company LLC
1.850%, 09/16/2026 (C)		631,000		570,964
2.000%, 03/09/2026 (C)		176,000		162,974
Resorts World Las Vegas LLC 4.625%, 04/16/2029 (C)		435,000		397,060
Royal Caribbean Cruises, Ltd. 6.250%, 03/15/2032 (C)		118,000		118,939

Active Bond Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Consumer discretionary (continued)
Tapestry, Inc.
7.700%, 11/27/2030	$	314,000	$	334,854
7.850%, 11/27/2033		257,000		278,919
The Michaels Companies, Inc.
5.250%, 05/01/2028 (C)		588,000		501,023
7.875%, 05/01/2029 (C)		421,000		315,848
Travel + Leisure Company 4.625%, 03/01/2030 (C)		101,000		92,219
Valvoline, Inc. 3.625%, 06/15/2031 (C)		424,000		365,492
				19,317,776
Consumer staples – 0.7%
Fiesta Purchaser, Inc. 7.875%, 03/01/2031 (C)		80,000		82,616
JBS USA LUX SA
3.625%, 01/15/2032		460,000		393,592
3.750%, 12/01/2031		86,000		74,358
5.750%, 04/01/2033		788,000		776,315
Kraft Heinz Foods Company
4.375%, 06/01/2046		1,063,000		897,751
5.000%, 06/04/2042		290,000		272,122
MARB BondCo PLC 3.950%, 01/29/2031 (C)		712,000		587,158
NBM US Holdings, Inc. 6.625%, 08/06/2029 (C)		554,000		550,475
Pilgrim's Pride Corp. 6.250%, 07/01/2033		365,000		372,989
				4,007,376
Energy – 5.2%
Aker BP ASA
3.750%, 01/15/2030 (C)		150,000		137,070
4.000%, 01/15/2031 (C)		906,000		827,534
Antero Midstream Partners LP
5.375%, 06/15/2029 (C)		418,000		401,974
6.625%, 02/01/2032 (C)		341,000		342,489
Antero Resources Corp. 5.375%, 03/01/2030 (C)		90,000		86,434
Ascent Resources Utica Holdings LLC
5.875%, 06/30/2029 (C)		541,000		515,806
8.250%, 12/31/2028 (C)		47,000		48,282
Cheniere Energy Partners LP
4.000%, 03/01/2031		766,000		696,224
4.500%, 10/01/2029		736,000		700,486
Cheniere Energy, Inc. 5.650%, 04/15/2034 (C)		250,000		251,785
Civitas Resources, Inc. 8.625%, 11/01/2030 (C)		131,000		140,665
Columbia Pipelines Holding Company LLC 5.681%, 01/15/2034 (C)		413,000		410,272
Columbia Pipelines Operating Company LLC
5.927%, 08/15/2030 (C)		105,000		107,727
6.036%, 11/15/2033 (C)		656,000		679,645
Continental Resources, Inc.
2.875%, 04/01/2032 (C)		396,000		322,737
4.900%, 06/01/2044		595,000		494,512
5.750%, 01/15/2031 (C)		568,000		564,617
Enbridge, Inc.
5.500%, (5.500% to 7-15-27, then 3 month CME Term SOFR + 3.680% to 7-15-47, then 3 month CME Term SOFR + 4.430%), 07/15/2077		507,000		480,631

 

8

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Active Bond Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Energy (continued)
Enbridge, Inc. (continued)
5.750%, (5.750% to 7-15-30, then 5 Year CMT + 5.314% to 7-15-50, then 5 Year CMT + 6.064%), 07/15/2080	$	683,000	$	646,390
6.250%, (6.250% to 3-1-28, then 3 month CME Term SOFR + 3.903% to 3-1-48, then 3 month CME Term SOFR + 4.653%), 03/01/2078		544,000		529,465
8.500%, (8.500% to 1-15-34, then 5 Year CMT + 4.431% to 1-15-54, then 5 Year CMT + 5.181%), 01/15/2084		171,000		185,797
Energean Israel Finance, Ltd.
5.375%, 03/30/2028 (C)		99,000		90,287
5.875%, 03/30/2031 (C)		172,000		150,758
Energy Transfer LP
4.200%, 04/15/2027		368,000		357,815
5.150%, 03/15/2045		550,000		499,749
5.250%, 04/15/2029		615,000		615,680
5.400%, 10/01/2047		651,000		600,787
5.500%, 06/01/2027		237,000		238,467
6.500%, (6.500% to 11-15-26, then 5 Year CMT + 5.694%), 11/15/2026 (E)		1,073,000		1,051,692
7.125%, (7.125% to 5-15-30, then 5 Year CMT + 5.306%), 05/15/2030 (E)		761,000		742,954
Enterprise Products Operating LLC 5.250%, (5.250% to 8-16-27, then 3 month CME Term SOFR + 3.295%), 08/16/2077		1,018,000		965,986
EQM Midstream Partners LP
6.375%, 04/01/2029 (C)		164,000		165,205
7.500%, 06/01/2027 to 06/01/2030 (C)		61,000		63,507
Global Partners LP 8.250%, 01/15/2032 (C)		122,000		126,519
Hess Midstream Operations LP
4.250%, 02/15/2030 (C)		78,000		71,675
5.500%, 10/15/2030 (C)		31,000		30,037
Kinder Morgan Energy Partners LP 7.750%, 03/15/2032		172,000		194,753
Leviathan Bond, Ltd.
6.500%, 06/30/2027 (C)		366,000		352,783
6.750%, 06/30/2030 (C)		85,000		78,648
MC Brazil Downstream Trading SARL 7.250%, 06/30/2031 (C)		436,022		394,741
MPLX LP
4.250%, 12/01/2027		355,000		345,255
4.950%, 09/01/2032		344,000		334,158
5.000%, 03/01/2033		355,000		344,616
Occidental Petroleum Corp.
6.450%, 09/15/2036		618,000		658,952
6.600%, 03/15/2046		276,000		297,453
6.625%, 09/01/2030		676,000		716,357
ONEOK, Inc.
5.650%, 11/01/2028		131,000		133,909
6.050%, 09/01/2033		565,000		589,269
6.625%, 09/01/2053		633,000		697,631
Ovintiv, Inc.
5.650%, 05/15/2028		209,000		212,456
6.250%, 07/15/2033		209,000		217,297
7.200%, 11/01/2031		55,000		59,623
Parkland Corp.
4.500%, 10/01/2029 (C)		266,000		246,028

Active Bond Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Energy (continued)
Parkland Corp. (continued)
4.625%, 05/01/2030 (C)	$	327,000	$	301,461
Petroleos Mexicanos
7.690%, 01/23/2050		1,109,000		797,711
8.750%, 06/02/2029		291,000		283,752
Sabine Pass Liquefaction LLC
4.200%, 03/15/2028		304,000		294,341
4.500%, 05/15/2030		927,000		891,506
5.000%, 03/15/2027		291,000		290,149
Southwestern Energy Company 4.750%, 02/01/2032		129,000		118,752
Sunoco LP 4.500%, 04/30/2030		444,000		406,580
Talos Production, Inc.
9.000%, 02/01/2029 (C)		53,000		56,284
9.375%, 02/01/2031 (C)		66,000		70,360
Targa Resources Corp.
4.950%, 04/15/2052		668,000		585,260
6.150%, 03/01/2029		521,000		542,990
Targa Resources Partners LP 4.000%, 01/15/2032		581,000		522,949
The Williams Companies, Inc.
3.750%, 06/15/2027		215,000		206,898
4.650%, 08/15/2032		284,000		273,695
Var Energi ASA 8.000%, 11/15/2032 (C)		1,043,000		1,167,492
Venture Global Calcasieu Pass LLC
3.875%, 08/15/2029 (C)		170,000		153,025
4.125%, 08/15/2031 (C)		296,000		263,203
Venture Global LNG, Inc. 9.500%, 02/01/2029 (C)		538,000		579,890
Vital Energy, Inc. 7.875%, 04/15/2032 (C)		162,000		164,571
Western Midstream Operating LP 4.050%, 02/01/2030		490,000		457,183
				28,643,641
Financials – 10.2%
Ally Financial, Inc.
6.992%, (6.992% to 6-13-28, then Overnight SOFR + 3.260%), 06/13/2029		532,000		551,533
7.100%, 11/15/2027 (D)		337,000		352,119
Ambac Assurance Corp. 5.100%, 04/26/2024 (C)(E)		131		190
AmWINS Group, Inc. 6.375%, 02/15/2029 (C)		204,000		205,101
Ares Capital Corp.
2.150%, 07/15/2026		317,000		291,903
2.875%, 06/15/2028		489,000		435,828
3.250%, 07/15/2025		169,000		163,256
5.875%, 03/01/2029		382,000		380,858
Athene Holding, Ltd. 3.500%, 01/15/2031		141,000		123,903
Banco Santander SA 4.379%, 04/12/2028		593,000		573,940
Bank of America Corp.
2.087%, (2.087% to 6-14-28, then Overnight SOFR + 1.060%), 06/14/2029		850,000		751,127
2.592%, (2.592% to 4-29-30, then Overnight SOFR + 2.150%), 04/29/2031		973,000		838,869
2.687%, (2.687% to 4-22-31, then Overnight SOFR + 1.320%), 04/22/2032		1,599,000		1,353,474

 

9

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Active Bond Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Financials (continued)
Bank of America Corp. (continued)
3.846%, (3.846% to 3-8-32, then 5 Year CMT + 2.000%), 03/08/2037	$	784,000	$	693,109
3.970%, (3.970% to 3-5-28, then 3 month CME Term SOFR + 1.332%), 03/05/2029		699,000		668,166
6.300%, (6.300% to 3-10-26, then 3 month CME Term SOFR + 4.815%), 03/10/2026 (E)		878,000		878,789
Bank of Montreal 7.700%, (7.700% to 5-26-29, then 5 Year CMT + 3.452%), 05/26/2084		770,000		779,048
Barclays PLC
4.375%, (4.375% to 9-15-28, then 5 Year CMT + 3.410%), 03/15/2028 (E)		636,000		521,386
8.000%, (8.000% to 9-15-29, then 5 Year CMT + 5.431%), 03/15/2029 (E)		200,000		199,588
Blackstone Private Credit Fund
3.250%, 03/15/2027		79,000		72,911
4.000%, 01/15/2029		604,000		554,166
7.050%, 09/29/2025		300,000		304,476
7.300%, 11/27/2028 (C)		479,000		499,406
Block, Inc. 3.500%, 06/01/2031		126,000		109,663
BNP Paribas SA
5.497%, (5.497% to 5-20-29, then Overnight SOFR + 1.590%), 05/20/2030 (C)		474,000		475,036
9.250%, (9.250% to 11-17-27, then 5 Year CMT + 4.969%), 11/17/2027 (C)(E)		425,000		456,034
BPCE SA 5.716%, (5.716% to 1-18-29, then 1 Year CMT + 1.959%), 01/18/2030 (C)		500,000		502,471
Citigroup, Inc.
4.600%, 03/09/2026		227,000		223,399
4.700%, (4.700% to 1-30-25, then Overnight SOFR + 3.234%), 01/30/2025 (E)		717,000		699,428
5.174%, (5.174% to 2-13-29, then Overnight SOFR + 1.364%), 02/13/2030		370,000		368,274
6.174%, (6.174% to 5-25-33, then Overnight SOFR + 2.661%), 05/25/2034		696,000		706,780
6.250%, (6.250% to 8-15-26, then 3 month CME Term SOFR + 4.779%), 08/15/2026 (E)		650,000		651,669
Citizens Financial Group, Inc. 3.250%, 04/30/2030		888,000		782,161
CNA Financial Corp. 2.050%, 08/15/2030		235,000		196,430
CNO Financial Group, Inc. 5.250%, 05/30/2029		706,000		687,793
Comerica, Inc. 5.982%, (5.982% to 1-30-29, then Overnight SOFR + 2.155%), 01/30/2030		358,000		353,695
Corebridge Financial, Inc. 6.875%, (6.875% to 12-15-27, then 5 Year CMT + 3.846%), 12/15/2052		269,000		269,322
Credit Agricole SA
3.250%, 01/14/2030 (C)		1,049,000		931,112

Active Bond Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Financials (continued)
Credit Agricole SA (continued)
6.316%, (6.316% to 10-3-28, then Overnight SOFR + 1.860%), 10/03/2029 (C)	$	646,000	$	669,722
Deutsche Bank AG
3.742%, (3.742% to 1-7-32, then Overnight SOFR + 2.257%), 01/07/2033		703,000		580,683
6.819%, (6.819% to 11-20-28, then Overnight SOFR + 2.510%), 11/20/2029		410,000		428,615
Discover Financial Services 4.100%, 02/09/2027		232,000		223,824
Fifth Third Bancorp 8.624%, (3 month CME Term SOFR + 3.295%), 04/29/2024 (A)(E)		410,000		401,090
Global Atlantic Fin Company 4.700%, (4.700% to 10-15-26, then 5 Year CMT + 3.796%), 10/15/2051 (C)		384,000		346,070
Huntington Bancshares, Inc. 6.208%, (6.208% to 8-21-28, then Overnight SOFR + 2.020%), 08/21/2029		381,000		389,958
ING Groep NV
6.114%, (6.114% to 9-11-33, then Overnight SOFR + 2.090%), 09/11/2034		200,000		207,649
6.500%, (6.500% to 4-16-25, then 5 Year U.S. Swap Rate + 4.446%), 04/16/2025 (E)		135,000		133,323
Jefferies Financial Group, Inc. 5.875%, 07/21/2028		482,000		490,667
JPMorgan Chase & Co.
2.522%, (2.522% to 4-22-30, then Overnight SOFR + 2.040%), 04/22/2031		1,025,000		885,888
2.956%, (2.956% to 5-13-30, then 3 month CME Term SOFR + 2.515%), 05/13/2031		886,000		774,504
4.452%, (4.452% to 12-5-28, then 3 month CME Term SOFR + 1.592%), 12/05/2029		276,000		269,061
4.600%, (4.600% to 2-1-25, then 3 month CME Term SOFR + 3.125%), 02/01/2025 (E)		645,000		634,108
5.012%, (5.012% to 1-23-29, then Overnight SOFR + 1.310%), 01/23/2030		621,000		618,456
Lazard Group LLC 4.375%, 03/11/2029		552,000		529,172
Liberty Mutual Group, Inc.
3.950%, 05/15/2060 (C)		500,000		362,687
4.125%, (4.125% to 12-15-26, then 5 Year CMT + 3.315%), 12/15/2051 (C)		203,000		183,259
Lloyds Banking Group PLC 7.500%, (7.500% to 6-27-24, then 5 Year U.S. Swap Rate + 4.760%), 06/27/2024 (E)		531,000		527,808
M&T Bank Corp. 5.125%, (5.125% to 11-1-26, then 3 month CME Term SOFR + 3.782%), 11/01/2026 (E)		116,000		102,684
Macquarie Bank, Ltd. 3.624%, 06/03/2030 (C)		424,000		376,517

 

10

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Active Bond Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Financials (continued)
MetLife, Inc. 6.400%, (6.400% to 12-15-36, then 3 month CME Term SOFR + 2.467%), 12/15/2036	$	556,000	$	569,323
Morgan Stanley
2.239%, (2.239% to 7-21-31, then Overnight SOFR + 1.178%), 07/21/2032		203,000		165,828
2.484%, (2.484% to 9-16-31, then Overnight SOFR + 1.360%), 09/16/2036		926,000		732,359
5.164%, (5.164% to 4-20-28, then Overnight SOFR + 1.590%), 04/20/2029		461,000		460,628
5.173%, (5.173% to 1-16-29, then Overnight SOFR + 1.450%), 01/16/2030		640,000		640,542
MSCI, Inc. 3.625%, 11/01/2031 (C)		652,000		565,854
Nationstar Mortgage Holdings, Inc.
5.125%, 12/15/2030 (C)		85,000		77,119
5.500%, 08/15/2028 (C)		156,000		149,305
6.000%, 01/15/2027 (C)		99,000		97,595
NatWest Group PLC
3.754%, (3.754% to 11-1-24, then 5 Year CMT + 2.100%), 11/01/2029		275,000		270,330
6.000%, (6.000% to 6-29-26, then 5 Year CMT + 5.625%), 12/29/2025 (E)		673,000		657,178
NatWest Markets PLC 1.600%, 09/29/2026 (C)		622,000		568,695
OneMain Finance Corp. 9.000%, 01/15/2029		233,000		247,239
Popular, Inc. 7.250%, 03/13/2028		517,000		529,350
Santander Holdings USA, Inc.
2.490%, (2.490% to 1-6-27, then Overnight SOFR + 1.249%), 01/06/2028		572,000		519,840
3.244%, 10/05/2026		596,000		563,055
3.450%, 06/02/2025		385,000		374,244
4.400%, 07/13/2027		143,000		138,712
SBL Holdings, Inc. 5.000%, 02/18/2031 (C)		225,000		190,063
Societe Generale SA
5.375%, (5.375% to 11-18-30, then 5 Year CMT + 4.514%), 11/18/2030 (C)(E)		557,000		469,335
5.634%, (5.634% to 1-19-29, then 1 Year CMT + 1.750%), 01/19/2030 (C)		400,000		398,295
6.221%, (6.221% to 6-15-32, then 1 Year CMT + 3.200%), 06/15/2033 (C)		200,000		200,389
6.446%, (6.446% to 1-10-28, then 1 Year CMT + 2.550%), 01/10/2029 (C)		753,000		772,338
Starwood Property Trust, Inc. 7.250%, 04/01/2029 (C)		84,000		84,669
Teachers Insurance & Annuity Association of America 4.270%, 05/15/2047 (C)		629,000		521,388

Active Bond Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Financials (continued)
The Bank of New York Mellon Corp. 4.975%, (4.975% to 3-14-29, then Overnight SOFR + 1.085%), 03/14/2030	$	342,000	$	342,294
The Charles Schwab Corp.
5.643%, (5.643% to 5-19-28, then Overnight SOFR + 2.210%), 05/19/2029		616,000		625,352
6.196%, (6.196% to 11-17-28, then Overnight SOFR + 1.878%), 11/17/2029		639,000		664,176
The Goldman Sachs Group, Inc.
2.615%, (2.615% to 4-22-31, then Overnight SOFR + 1.281%), 04/22/2032		1,954,000		1,639,898
2.650%, (2.650% to 10-21-31, then Overnight SOFR + 1.264%), 10/21/2032		697,000		579,919
The PNC Financial Services Group, Inc.
3.400%, (3.400% to 9-15-26, then 5 Year CMT + 2.595%), 09/15/2026 (E)		867,000		757,793
5.582%, (5.582% to 6-12-28, then Overnight SOFR + 1.841%), 06/12/2029		977,000		988,900
5.939%, (5.939% to 8-18-33, then Overnight SOFR + 1.946%), 08/18/2034		583,000		598,164
6.250%, (6.250% to 3-15-30, then 7 Year CMT + 2.808%), 03/15/2030 (E)		440,000		426,436
8.643%, (3 month CME Term SOFR + 3.302%), 06/01/2024 (A)(E)		393,000		394,432
Truist Financial Corp.
5.435%, (5.435% to 1-24-29, then Overnight SOFR + 1.620%), 01/24/2030		681,000		680,206
5.867%, (5.867% to 6-8-33, then Overnight SOFR + 2.361%), 06/08/2034		602,000		609,381
7.161%, (7.161% to 10-30-28, then Overnight SOFR + 2.446%), 10/30/2029		366,000		390,303
Trust Fibra Uno 7.375%, 02/13/2034 (C)		554,000		552,799
U.S. Bancorp
5.384%, (5.384% to 1-23-29, then Overnight SOFR + 1.560%), 01/23/2030		364,000		365,608
5.836%, (5.836% to 6-10-33, then Overnight SOFR + 2.260%), 06/12/2034		604,000		615,629
6.787%, (6.787% to 10-26-26, then Overnight SOFR + 1.880%), 10/26/2027		631,000		653,413
UBS Group AG
5.428%, (5.428% to 2-8-29, then 1 Year CMT + 1.520%), 02/08/2030 (C)		452,000		452,670
6.301%, (6.301% to 9-22-33, then 1 Year CMT + 2.000%), 09/22/2034 (C)		400,000		418,705
9.250%, (9.250% to 11-13-28, then 5 Year CMT + 4.745%), 11/13/2028 (C)(E)		300,000		325,043

 

11

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Active Bond Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Financials (continued)
UBS Group AG (continued)
9.250%, (9.250% to 11-13-33, then 5 Year CMT + 4.758%), 11/13/2033 (C)(E)	$	200,000	$	225,707
Wells Fargo & Company
2.393%, (2.393% to 6-2-27, then Overnight SOFR + 2.100%), 06/02/2028		1,560,000		1,427,874
2.879%, (2.879% to 10-30-29, then 3 month CME Term SOFR + 1.432%), 10/30/2030		1,216,000		1,074,937
3.350%, (3.350% to 3-2-32, then Overnight SOFR + 1.500%), 03/02/2033		1,444,000		1,252,854
5.198%, (5.198% to 1-23-29, then Overnight SOFR + 1.500%), 01/23/2030		946,000		944,006
5.875%, (5.875% to 6-15-25, then 9.865% thereafter), 06/15/2025 (E)		1,508,000		1,504,683
				56,217,013
Health care – 2.4%
AbbVie, Inc. 3.200%, 11/21/2029		1,561,000		1,438,457
AdaptHealth LLC 5.125%, 03/01/2030 (C)		168,000		146,519
Amgen, Inc. 5.250%, 03/02/2030 to 03/02/2033		2,027,000		2,052,649
Cencora, Inc. 2.800%, 05/15/2030		524,000		462,645
Centene Corp.
2.450%, 07/15/2028		178,000		157,835
3.000%, 10/15/2030		478,000		409,836
3.375%, 02/15/2030		273,000		241,586
CVS Health Corp.
3.750%, 04/01/2030		479,000		446,343
5.050%, 03/25/2048		558,000		506,763
5.250%, 01/30/2031		67,000		67,500
DaVita, Inc.
3.750%, 02/15/2031 (C)		392,000		328,207
4.625%, 06/01/2030 (C)		678,000		607,002
Fresenius Medical Care US Finance III, Inc. 2.375%, 02/16/2031 (C)		995,000		784,126
HCA, Inc. 5.450%, 04/01/2031		434,000		436,264
IQVIA, Inc. 6.250%, 02/01/2029		320,000		332,264
Regeneron Pharmaceuticals, Inc. 1.750%, 09/15/2030		669,000		547,515
Royalty Pharma PLC 1.750%, 09/02/2027		126,000		112,520
Solventum Corp.
5.400%, 03/01/2029 (C)		478,000		478,963
5.450%, 03/13/2031 (C)		919,000		916,625
Star Parent, Inc. 9.000%, 10/01/2030 (C)		132,000		139,696
Thermo Fisher Scientific, Inc. 4.977%, 08/10/2030		166,000		167,188
Universal Health Services, Inc. 2.650%, 10/15/2030		503,000		426,517
Utah Acquisition Sub, Inc. 5.250%, 06/15/2046		250,000		207,404
Varex Imaging Corp. 7.875%, 10/15/2027 (C)		96,000		97,321

Active Bond Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Health care (continued)
Viatris, Inc.
2.700%, 06/22/2030	$	901,000	$	763,894
4.000%, 06/22/2050		1,839,000		1,266,923
				13,542,562
Industrials – 4.8%
AAR Escrow Issuer LLC 6.750%, 03/15/2029 (C)		132,000		133,016
AerCap Ireland Capital DAC
2.450%, 10/29/2026		1,954,000		1,814,601
3.000%, 10/29/2028		1,074,000		971,777
5.100%, 01/19/2029		609,000		605,403
Air Canada 2017-1 Class B Pass Through Trust 3.700%, 01/15/2026 (C)		62,783		59,700
Air Canada 2020-1 Class C Pass Through Trust 10.500%, 07/15/2026 (C)		548,000		597,320
Air Lease Corp.
2.100%, 09/01/2028		301,000		263,424
3.125%, 12/01/2030		400,000		351,090
3.625%, 12/01/2027		170,000		160,367
Alaska Airlines 2020-1 Class B Pass Through Trust 8.000%, 08/15/2025 (C)		93,772		95,055
Albion Financing 1 SARL 6.125%, 10/15/2026 (C)		200,000		198,173
American Airlines 2014-1 Class A Pass Through Trust 3.700%, 10/01/2026		241,363		231,523
American Airlines 2015-1 Class A Pass Through Trust 3.375%, 05/01/2027		1,260,400		1,190,506
American Airlines 2016-1 Class A Pass Through Trust 4.100%, 01/15/2028		596,151		557,526
American Airlines 2016-1 Class AA Pass Through Trust 3.575%, 01/15/2028		79,107		74,068
American Airlines 2016-3 Class A Pass Through Trust 3.250%, 10/15/2028		39,025		35,233
American Airlines 2017-1 Class A Pass Through Trust 4.000%, 02/15/2029		129,850		119,436
American Airlines 2017-1 Class AA Pass Through Trust 3.650%, 02/15/2029		457,125		431,323
American Airlines 2017-2 Class A Pass Through Trust 3.600%, 10/15/2029		299,191		270,888
American Airlines 2019-1 Class A Pass Through Trust 3.500%, 02/15/2032		613,871		533,685
American Airlines 2019-1 Class AA Pass Through Trust 3.150%, 02/15/2032		524,609		468,687
American Airlines 2019-1 Class B Pass Through Trust 3.850%, 02/15/2028		94,039		86,934
American Airlines 2021-1 Class A Pass Through Trust 2.875%, 07/11/2034		446,909		379,479
American Airlines 2021-1 Class B Pass Through Trust 3.950%, 07/11/2030		573,495		527,560

 

12

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Active Bond Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Industrials (continued)
American Airlines Group, Inc. 3.750%, 03/01/2025 (C)	$	500,000	$	486,119
American Airlines, Inc. 7.250%, 02/15/2028 (C)		198,000		201,076
APX Group, Inc. 5.750%, 07/15/2029 (C)		216,000		207,684
Ashtead Capital, Inc.
2.450%, 08/12/2031 (C)		400,000		324,805
4.250%, 11/01/2029 (C)		200,000		186,455
4.375%, 08/15/2027 (C)		200,000		191,855
5.800%, 04/15/2034 (C)		400,000		399,594
5.950%, 10/15/2033 (C)		956,000		966,678
Beacon Roofing Supply, Inc. 4.125%, 05/15/2029 (C)		117,000		106,120
BlueLinx Holdings, Inc. 6.000%, 11/15/2029 (C)		448,000		435,119
British Airways 2018-1 Class A Pass Through Trust 4.125%, 09/20/2031 (C)		68,789		63,433
British Airways 2020-1 Class A Pass Through Trust 4.250%, 11/15/2032 (C)		221,918		206,944
British Airways 2020-1 Class B Pass Through Trust 8.375%, 11/15/2028 (C)		71,675		74,469
Builders FirstSource, Inc.
4.250%, 02/01/2032 (C)		621,000		556,956
6.375%, 06/15/2032 to 03/01/2034 (C)		633,000		637,372
CIMIC Finance USA Pty, Ltd. 7.000%, 03/25/2034 (C)		186,000		190,985
Concentrix Corp. 6.600%, 08/02/2028		636,000		643,137
Delta Air Lines, Inc.
4.375%, 04/19/2028		522,000		506,476
4.750%, 10/20/2028 (C)		728,051		712,075
Embraer Netherlands Finance BV 7.000%, 07/28/2030 (C)		405,000		424,097
Emerald Debt Merger Sub LLC 6.625%, 12/15/2030 (C)		576,000		581,526
Flowserve Corp. 3.500%, 10/01/2030		327,000		290,319
Global Infrastructure Solutions, Inc. 5.625%, 06/01/2029 (C)		387,000		354,849
Huntington Ingalls Industries, Inc. 4.200%, 05/01/2030		365,000		342,149
Ingersoll Rand, Inc. 5.400%, 08/14/2028		115,000		116,526
JB Poindexter & Company, Inc. 8.750%, 12/15/2031 (C)		112,000		115,767
JetBlue 2019-1 Class AA Pass Through Trust 2.750%, 05/15/2032		384,857		331,288
MasTec, Inc. 4.500%, 08/15/2028 (C)		146,000		138,827
Owens Corning
3.875%, 06/01/2030		45,000		42,027
3.950%, 08/15/2029		654,000		618,290
Prime Security Services Borrower LLC
3.375%, 08/31/2027 (C)		62,000		56,948
6.250%, 01/15/2028 (C)		343,000		335,995
Regal Rexnord Corp.
6.050%, 02/15/2026 (C)		428,000		430,211
6.400%, 04/15/2033 (C)		282,000		292,470
TransDigm, Inc. 5.500%, 11/15/2027		350,000		342,563

Active Bond Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Industrials (continued)
TriNet Group, Inc. 3.500%, 03/01/2029 (C)	$	104,000	$	93,277
Uber Technologies, Inc. 4.500%, 08/15/2029 (C)		330,000		313,110
United Airlines 2014-2 Class A Pass Through Trust 3.750%, 09/03/2026		593,523		574,925
United Airlines 2016-1 Class A Pass Through Trust 3.450%, 07/07/2028		527,590		478,580
United Airlines 2016-1 Class B Pass Through Trust 3.650%, 01/07/2026		170,625		162,335
United Airlines 2018-1 Class B Pass Through Trust 4.600%, 03/01/2026		109,700		105,842
United Airlines 2019-1 Class A Pass Through Trust 4.550%, 08/25/2031		485,676		446,005
United Airlines 2020-1 Class A Pass Through Trust 5.875%, 10/15/2027		815,798		813,041
United Airlines 2020-1 Class B Pass Through Trust 4.875%, 01/15/2026		417,556		410,844
United Airlines 2023-1 Class A Pass Through Trust 5.800%, 01/15/2036		655,000		666,004
United Airlines, Inc.
4.375%, 04/15/2026 (C)		31,000		29,969
4.625%, 04/15/2029 (C)		70,000		65,100
United Rentals North America, Inc. 3.875%, 11/15/2027		177,000		167,585
US Airways 2012-2 Class A Pass Through Trust 4.625%, 06/03/2025		137,916		135,631
				26,530,226
Information technology – 2.1%
Autodesk, Inc. 2.850%, 01/15/2030		219,000		195,685
Broadcom, Inc.
3.419%, 04/15/2033 (C)		433,000		375,368
4.750%, 04/15/2029		1,974,000		1,949,717
CDW LLC 3.250%, 02/15/2029		119,000		107,744
Consensus Cloud Solutions, Inc. 6.500%, 10/15/2028 (C)		144,000		128,017
Dell International LLC
5.300%, 10/01/2029		439,000		444,388
5.400%, 04/15/2034		942,000		944,205
Foundry JV Holdco LLC 5.875%, 01/25/2034 (C)		548,000		548,826
Gartner, Inc. 4.500%, 07/01/2028 (C)		671,000		639,199
Kyndryl Holdings, Inc. 6.350%, 02/20/2034		82,000		84,170
Marvell Technology, Inc. 2.450%, 04/15/2028		749,000		675,320
Micron Technology, Inc.
2.703%, 04/15/2032		453,000		378,175
4.185%, 02/15/2027		524,000		510,594
5.300%, 01/15/2031		368,000		370,128
5.327%, 02/06/2029		630,000		635,728
6.750%, 11/01/2029		1,537,000		1,649,755

 

13

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Active Bond Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Information technology (continued)
Motorola Solutions, Inc.
2.300%, 11/15/2030	$	786,000	$	659,782
2.750%, 05/24/2031		715,000		605,918
Oracle Corp. 2.950%, 04/01/2030		355,000		315,896
Qorvo, Inc. 3.375%, 04/01/2031 (C)		402,000		345,726
VeriSign, Inc. 2.700%, 06/15/2031		351,000		293,963
				11,858,304
Materials – 1.3%
Alcoa Nederland Holding BV 7.125%, 03/15/2031 (C)		128,000		130,388
Anglo American Capital PLC 4.750%, 04/10/2027 (C)		403,000		394,897
Arsenal AIC Parent LLC 8.000%, 10/01/2030 (C)		211,000		221,526
Braskem Idesa SAPI 6.990%, 02/20/2032 (C)		201,000		156,032
Braskem Netherlands Finance BV 4.500%, 01/31/2030 (C)		862,000		741,212
Cemex SAB de CV
3.875%, 07/11/2031 (C)		545,000		482,875
5.200%, 09/17/2030 (C)		445,000		430,138
First Quantum Minerals, Ltd. 6.875%, 10/15/2027 (C)		302,000		289,547
Freeport-McMoRan, Inc.
4.250%, 03/01/2030		614,000		581,975
5.400%, 11/14/2034		454,000		448,492
5.450%, 03/15/2043		889,000		851,101
Graphic Packaging International LLC 3.500%, 03/01/2029 (C)		198,000		178,065
Hudbay Minerals, Inc. 4.500%, 04/01/2026 (C)		66,000		63,930
Mauser Packaging Solutions Holding Company 7.875%, 08/15/2026 (C)		140,000		142,625
Newmont Corp. 2.800%, 10/01/2029		262,000		235,070
Novelis Corp. 4.750%, 01/30/2030 (C)		525,000		484,377
Owens-Brockway Glass Container, Inc.
6.625%, 05/13/2027 (C)		130,000		130,073
7.250%, 05/15/2031 (C)		92,000		93,702
Pactiv Evergreen Group Issuer, Inc. 4.000%, 10/15/2027 (C)		547,000		510,261
Sasol Financing USA LLC 5.500%, 03/18/2031		192,000		161,750
Standard Industries, Inc.
3.375%, 01/15/2031 (C)		77,000		64,562
4.375%, 07/15/2030 (C)		149,000		133,883
5.000%, 02/15/2027 (C)		73,000		70,812
Summit Materials LLC 7.250%, 01/15/2031 (C)		122,000		126,805
				7,124,098
Real estate – 1.0%
American Homes 4 Rent LP 4.250%, 02/15/2028		316,000		303,316
American Tower Corp.
3.550%, 07/15/2027		426,000		404,955
3.800%, 08/15/2029		931,000		868,866
American Tower Trust I 5.490%, 03/15/2028 (C)		359,000		361,997
CoStar Group, Inc. 2.800%, 07/15/2030 (C)		676,000		576,266

Active Bond Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Real estate (continued)
GLP Capital LP
3.250%, 01/15/2032	$	521,000	$	438,592
4.000%, 01/15/2030		262,000		239,195
Iron Mountain Information Management Services, Inc. 5.000%, 07/15/2032 (C)		126,000		115,072
Iron Mountain, Inc. 5.250%, 07/15/2030 (C)		304,000		287,577
SBA Tower Trust 6.599%, 01/15/2028 (C)		515,000		527,590
VICI Properties LP
3.875%, 02/15/2029 (C)		296,000		272,429
4.125%, 08/15/2030 (C)		310,000		281,885
4.625%, 12/01/2029 (C)		571,000		540,009
5.125%, 05/15/2032		256,000		244,863
				5,462,612
Utilities – 2.3%
AES Panama Generation Holdings SRL 4.375%, 05/31/2030 (C)		395,784		343,343
American Electric Power Company, Inc. 5.625%, 03/01/2033		218,000		221,325
Artera Services LLC 8.500%, 02/15/2031 (C)		98,000		100,474
Atlantica Transmision Sur SA 6.875%, 04/30/2043 (C)		203,016		206,315
Constellation Energy Generation LLC
6.125%, 01/15/2034		195,000		205,900
6.500%, 10/01/2053		312,000		343,181
Dominion Energy, Inc. 3.375%, 04/01/2030		604,000		548,911
Duke Energy Corp.
2.450%, 06/01/2030		105,000		90,429
5.750%, 09/15/2033		647,000		664,631
Electricite de France SA 9.125%, (9.125% to 6-15-33, then 5 Year CMT + 5.411%), 03/15/2033 (C)(E)		421,000		463,809
Emera US Finance LP 3.550%, 06/15/2026		385,000		369,571
FirstEnergy Corp.
2.650%, 03/01/2030		379,000		325,796
3.400%, 03/01/2050		167,000		115,158
Georgia Power Company 4.950%, 05/17/2033		340,000		335,231
NextEra Energy Capital Holdings, Inc.
2.250%, 06/01/2030		265,000		225,639
6.700%, (6.700% to 9-1-29, then 5 Year CMT + 2.364%), 09/01/2054		554,000		556,764
NextEra Energy Operating Partners LP
3.875%, 10/15/2026 (C)		454,000		423,407
4.500%, 09/15/2027 (C)		201,000		188,129
NiSource, Inc.
1.700%, 02/15/2031		205,000		163,738
3.600%, 05/01/2030		345,000		317,761
5.250%, 03/30/2028		116,000		116,797
NRG Energy, Inc.
2.450%, 12/02/2027 (C)		554,000		497,970
3.625%, 02/15/2031 (C)		335,000		289,091
3.875%, 02/15/2032 (C)		626,000		536,442
4.450%, 06/15/2029 (C)		412,000		389,473
7.000%, 03/15/2033 (C)		497,000		530,327
10.250%, (10.250% to 3-15-28, then 5 Year CMT + 5.920%), 03/15/2028 (C)(E)		371,000		397,975

 

14

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Active Bond Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Utilities (continued)
Sempra 5.500%, 08/01/2033	$	534,000	$	535,430
The Southern Company 5.700%, 03/15/2034		490,000		505,359
Vistra Corp. 8.000%, (8.000% to 10-15-26, then 5 Year CMT + 6.930%), 10/15/2026 (C)(E)		172,000		175,882
Vistra Operations Company LLC
3.700%, 01/30/2027 (C)		1,034,000		982,429
4.300%, 07/15/2029 (C)		891,000		835,626
6.950%, 10/15/2033 (C)		431,000		460,033
				12,462,346
TOTAL CORPORATE BONDS (Cost $203,233,647)			$	199,820,828
CAPITAL PREFERRED SECURITIES – 0.0%
Financials – 0.0%
Truist Financial Corp. 6.236%, (Greater of 3 month CME Term SOFR + 0.907% or 4.000%), 12/15/2024 (A)(E)		325,000		246,413
TOTAL CAPITAL PREFERRED SECURITIES (Cost $273,523)			$	246,413
MUNICIPAL BONDS – 0.6%
Foothill-Eastern Transportation Corridor Agency (California) 4.094%, 01/15/2049		1,000,000		840,057
Golden State Tobacco Securitization Corp. (California) 4.214%, 06/01/2050		231,000		175,415
Sales Tax Securitization Corp. (Illinois) 4.637%, 01/01/2040		435,000		417,000
State Board of Administration Finance Corp. (Florida) 1.705%, 07/01/2027		174,000		157,751
State of Connecticut, GO 2.677%, 07/01/2030		250,000		225,026
The School District of Philadelphia (Pennsylvania), GO 5.995%, 09/01/2030		315,000		330,054
The School District of Philadelphia (Pennsylvania), GO 6.765%, 06/01/2040		1,010,000		1,109,168
TOTAL MUNICIPAL BONDS (Cost $3,737,205)			$	3,254,471
COLLATERALIZED MORTGAGE OBLIGATIONS – 3.6%
Commercial and residential – 2.5%
Angel Oak Mortgage Trust LLC
Series 2021-2, Class A1, 0.985%, 04/25/2066 (C)(F)		105,657		87,295
Series 2021-4, Class A1, 1.035%, 01/20/2065 (C)(F)		228,291		185,221
Series 2024-3, Class A1 (4.800% to 2-1-28, then 5.800% thereafter), 4.800%, 11/26/2068 (C)		408,160		394,459
Arbor Multifamily Mortgage Securities Trust Series 2020-MF1, Class XA IO 0.948%, 05/15/2053 (C)		4,277,141		187,131
Arroyo Mortgage Trust Series 2021-1R, Class A1 1.175%, 10/25/2048 (C)(F)		165,085		142,609

Active Bond Trust (continued)

		Shares or Principal Amount	Value
COLLATERALIZED MORTGAGE OBLIGATIONS (continued)
Commercial and residential (continued)
BAMLL Commercial Mortgage Securities Trust Series 2019-BPR, Class ENM 3.719%, 11/05/2032 (C)(F)	$	116,000	$	39,445
BANK Series 2021-BN34, Class XA IO 0.974%, 06/15/2063		12,737,315		628,139
BBCMS Mortgage Trust Series 2020-C6, Class A2 2.690%, 02/15/2053		101,000		95,054
Benchmark Mortgage Trust
Series 2019-B12, Class A2, 3.001%, 08/15/2052		233,750		219,605
Series 2019-B15, Class XA IO, 0.811%, 12/15/2072		9,790,644		319,977
BRAVO Residential Funding Trust Series 2021-NQM1, Class A1 0.941%, 02/25/2049 (C)(F)		109,468		96,711
BX Trust
Series 2019-OC11, Class D, 3.944%, 12/09/2041 (C)(F)		300,000		264,367
Series 2022-CLS, Class A, 5.760%, 10/13/2027 (C)		267,000		267,868
CHL Mortgage Pass-Through Trust Series 2004-HYB2, Class 4A 4.688%, 07/20/2034 (F)		263,853		247,483
Citigroup Commercial Mortgage Trust
Series 2019-C7, Class XA IO, 0.856%, 12/15/2072		15,634,635		584,956
Series 2023-SMRT, Class A, 5.820%, 10/12/2040 (C)(F)		210,000		213,603
COLT Mortgage Loan Trust Series 2021-2, Class A1 0.924%, 08/25/2066 (C)(F)		206,118		165,887
COLT Trust Series 2020-RPL1, Class A1 1.390%, 01/25/2065 (C)(F)		379,937		314,801
Commercial Mortgage Trust (Citigroup/Deutsche Bank AG) Series 2018-COR3, Class XA IO 0.432%, 05/10/2051		4,964,762		76,279
Commercial Mortgage Trust (Deutsche Bank AG)
Series 2013-300P, Class D, 4.394%, 08/10/2030 (C)(F)		307,000		249,501
Series 2017-PANW, Class A, 3.244%, 10/10/2029 (C)		89,000		81,921
Series 2020-CBM, Class A2, 2.896%, 02/10/2037 (C)		169,000		163,135
Series 2020-CX, Class A, 2.173%, 11/10/2046 (C)		500,000		406,290
Credit Suisse Mortgage Capital Certificates
Series 2020-NET, Class A, 2.257%, 08/15/2037 (C)		100,143		93,064
Series 2021-NQM2, Class A1, 1.179%, 02/25/2066 (C)(F)		115,728		100,077
Series 2021-NQM3, Class A1, 1.015%, 04/25/2066 (C)(F)		154,553		125,586
Series 2021-NQM5, Class A1, 0.938%, 05/25/2066 (C)(F)		115,590		92,729
Series 2021-NQM6, Class A1, 1.174%, 07/25/2066 (C)(F)		282,526		229,925

 

15

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Active Bond Trust (continued)

		Shares or Principal Amount	Value
COLLATERALIZED MORTGAGE OBLIGATIONS (continued)
Commercial and residential (continued)
CSAIL Commercial Mortgage Trust Series 2019-C17, Class A4 2.763%, 09/15/2052	$	425,000	$	374,235
DSLA Mortgage Loan Trust Series 2004-AR3, Class 2A2B (1 month CME Term SOFR + 1.014%) 6.334%, 07/19/2044 (A)		232,657		209,811
Ellington Financial Mortgage Trust
Series 2021-1, Class A1, 0.797%, 02/25/2066 (C)(F)		71,157		59,649
Series 2021-2, Class A1, 0.931%, 06/25/2066 (C)(F)		191,936		154,117
Flagstar Mortgage Trust Series 2021-1, Class A2 2.500%, 02/01/2051 (C)(F)		319,301		255,815
FREMF Mortgage Trust Series 2019-KF69, Class B (30 day Average SOFR + 2.414%) 7.734%, 08/25/2029 (A)(C)		87,868		80,899
GCAT Trust
Series 2021-NQM1, Class A1, 0.874%, 01/25/2066 (C)(F)		125,806		105,424
Series 2021-NQM2, Class A1, 1.036%, 05/25/2066 (C)(F)		131,529		108,036
Series 2021-NQM3, Class A1, 1.091%, 05/25/2066 (C)(F)		213,396		176,911
GS Mortgage Securities Trust
Series 2013-GC10, Class C, 4.285%, 02/10/2046 (C)(F)		569,524		535,620
Series 2020-UPTN, Class A, 2.751%, 02/10/2037 (C)		100,000		95,382
GS Mortgage-Backed Securities Trust Series 2021-NQM1, Class A1 1.017%, 07/25/2061 (C)(F)		94,806		80,646
HarborView Mortgage Loan Trust
Series 2007-3, Class ES IO, 0.350%, 05/19/2037 (C)		6,849,279		115,781
Series 2007-4, Class ES IO, 0.350%, 07/19/2047		6,848,755		91,225
Series 2007-6, Class ES IO, 0.343%, 08/19/2037 (C)		7,321,270		94,206
Hawaii Hotel Trust Series 2019-MAUI, Class E (1 month CME Term SOFR + 2.207%) 7.533%, 05/15/2038 (A)(C)		300,000		297,000
Imperial Fund Mortgage Trust Series 2021-NQM1, Class A1 1.071%, 06/25/2056 (C)(F)		119,718		102,280
JPMorgan Chase Commercial Mortgage Securities Trust Series 2020-NNN, Class AFX 2.812%, 01/16/2037 (C)		258,000		219,539
MASTR Adjustable Rate Mortgages Trust
Series 2004-13, Class 2A1, 5.990%, 04/21/2034 (F)		48,129		45,474
Series 2004-8, Class 5A1, 6.077%, 08/25/2034 (F)		68,800		65,251
MASTR Alternative Loan Trust Series 2004-4, Class 8A1 6.500%, 05/25/2034		141,381		137,444

Active Bond Trust (continued)

		Shares or Principal Amount	Value
COLLATERALIZED MORTGAGE OBLIGATIONS (continued)
Commercial and residential (continued)
MFA Trust Series 2021-NQM1, Class A1 1.153%, 04/25/2065 (C)(F)	$	90,236	$	81,988
Morgan Stanley Capital I Trust Series 2019-L3, Class XA IO 0.607%, 11/15/2052		20,094,447		552,314
Natixis Commercial Mortgage Securities Trust Series 2018-ALXA, Class C 4.316%, 01/15/2043 (C)(F)		98,000		81,185
NYMT Loan Trust Series 2022-CP1, Class A1 2.042%, 07/25/2061 (C)		130,483		118,282
OBX Trust
Series 2020-EXP2, Class A3, 2.500%, 05/25/2060 (C)(F)		100,546		81,988
Series 2021-NQM2, Class A1, 1.101%, 05/25/2061 (C)(F)		211,358		168,022
Provident Funding Mortgage Trust Series 2020-F1, Class A2 2.000%, 01/25/2036 (C)(F)		269,591		231,169
Sequoia Mortgage Trust Series 2005-3, Class A1 (1 month CME Term SOFR + 0.514%) 5.843%, 05/20/2035 (A)		21,764		19,500
SLG Office Trust Series 2021-OVA, Class D 2.851%, 07/15/2041 (C)		352,000		275,757
Structured Asset Securities Corp. Series 1998-RF2, Class A 4.739%, 07/15/2027 (C)(F)		29,496		29,419
Towd Point Mortgage Trust
Series 2015-6, Class M2, 3.750%, 04/25/2055 (C)(F)		1,000,000		957,081
Series 2018-4, Class A1, 3.000%, 06/25/2058 (C)(F)		153,710		142,097
Series 2019-1, Class A1, 3.750%, 03/25/2058 (C)(F)		148,609		141,015
Series 2019-4, Class A1, 2.900%, 10/25/2059 (C)(F)		131,881		123,256
Series 2020-4, Class A1, 1.750%, 10/25/2060 (C)		202,837		178,002
UBS Commercial Mortgage Trust Series 2019-C17, Class XA IO 1.443%, 10/15/2052		8,563		525
Verus Securitization Trust
Series 2020-5, Class A1 (1.218% to 10-1-24, then 2.218% thereafter), 1.218%, 05/25/2065 (C)		61,272		57,381
Series 2021-3, Class A1, 1.046%, 06/25/2066 (C)(F)		223,495		185,275
Series 2021-4, Class A1, 0.938%, 07/25/2066 (C)(F)		134,441		106,164
Series 2021-5, Class A1, 1.013%, 09/25/2066 (C)(F)		193,152		160,348
Series 2021-R1, Class A1, 0.820%, 10/25/2063 (C)(F)		86,897		78,538
Washington Mutual Mortgage Pass Through Certificates Series 2005-1, Class 6A1 6.500%, 03/25/2035		165,336		137,170

 

16

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Active Bond Trust (continued)

		Shares or Principal Amount	Value
COLLATERALIZED MORTGAGE OBLIGATIONS (continued)
Commercial and residential (continued)
Wells Fargo Commercial Mortgage Trust Series 2019-C54, Class A3 2.892%, 12/15/2052	$	500,000	$	447,348
				13,831,687
U.S. Government Agency – 1.1%
Federal Home Loan Mortgage Corp.
Series 290, Class IO, 3.500%, 11/15/2032		566,357		51,246
Series 3387, Class SB IO, 0.987%, 11/15/2037		574,535		40,113
Series K109, Class X1 IO, 1.578%, 04/25/2030		3,094,230		231,165
Series K121, Class X1 IO, 1.021%, 10/25/2030		12,672,096		647,932
Series T-41, Class 3A, 4.335%, 07/25/2032 (F)		35,311		33,098
Federal National Mortgage Association
Series 2001-50, Class BA, 7.000%, 10/25/2041		3,184		3,209
Series 2002-W3, Class A5, 7.500%, 11/25/2041		39,253		41,254
Series 2012-137, Class WI IO, 3.500%, 12/25/2032		509,710		48,663
Series 2019-M25, Class X IO, 0.125%, 11/25/2029		709,558		3,659
Series 2021-M8, Class X IO, 0.248%, 11/25/2035		4,736		94
Series 2022-22, Class B, 2.000%, 07/25/2054		1,007,717		597,298
Government National Mortgage Association
Series 2008-90, Class IO, 2.013%, 12/16/2050		2,000,668		251,991
Series 2010-147, Class SA IO, 0.727%, 05/20/2040		218,171		4,234
Series 2010-85, Class SB IO, 1.159%, 03/16/2040		474,631		25,051
Series 2012-114, Class IO, 0.623%, 01/16/2053		248,193		3,883
Series 2012-120, Class IO, 0.641%, 02/16/2053		3,449,469		54,331
Series 2015-86, Class IO, 0.404%, 05/16/2052		20,886,301		301,911
Series 2016-174, Class IO, 0.896%, 11/16/2056		296,556		12,529
Series 2017-109, Class IO, 0.230%, 04/16/2057		607,320		9,289
Series 2017-124, Class IO, 0.627%, 01/16/2059		543,379		18,708
Series 2017-135, Class IO, 0.717%, 10/16/2058		973,158		35,799
Series 2017-140, Class IO, 0.486%, 02/16/2059		381,212		11,439
Series 2017-159, Class IO, 0.432%, 06/16/2059		629,585		16,279
Series 2017-169, Class IO, 0.578%, 01/16/2060		1,794,833		58,121
Series 2017-20, Class IO, 0.525%, 12/16/2058		1,377,371		33,577
Series 2017-22, Class IO, 0.753%, 12/16/2057		183,000		6,733
Series 2017-23, Class IO, 0.604%, 05/16/2059		11,311		383

Active Bond Trust (continued)

		Shares or Principal Amount	Value
COLLATERALIZED MORTGAGE OBLIGATIONS (continued)
U.S. Government Agency (continued)
Government National Mortgage Association (continued)
Series 2017-41, Class IO, 0.584%, 07/16/2058	$	496,668	$	13,938
Series 2017-46, Class IO, 0.649%, 11/16/2057		554,104		20,342
Series 2017-50, Class IO, 0.636%, 01/16/2057		968,777		32,138
Series 2017-53, Class IO, 0.528%, 11/16/2056		20,058		565
Series 2017-61, Class IO, 0.701%, 05/16/2059		211,377		7,852
Series 2018-158, Class IO, 0.788%, 05/16/2061		1,557,243		86,023
Series 2018-35, Class IO, 0.541%, 03/16/2060		1,441,252		49,760
Series 2018-43, Class IO, 0.436%, 05/16/2060		1,291,488		41,650
Series 2018-69, Class IO, 0.615%, 04/16/2060		363,747		16,276
Series 2018-81, Class IO, 0.484%, 01/16/2060		270,561		10,752
Series 2018-85, Class IO, 0.552%, 07/16/2060		7,724		273
Series 2018-9, Class IO, 0.443%, 01/16/2060		1,604,462		47,768
Series 2019-131, Class IO, 0.802%, 07/16/2061		1,231,871		67,657
Series 2020-100, Class IO, 0.784%, 05/16/2062		1,435,248		83,566
Series 2020-108, Class IO, 0.847%, 06/16/2062		3,128,128		178,130
Series 2020-114, Class IO, 0.800%, 09/16/2062		3,427,160		197,151
Series 2020-118, Class IO, 0.881%, 06/16/2062		2,440,779		149,397
Series 2020-119, Class IO, 0.606%, 08/16/2062		1,348,375		63,576
Series 2020-120, Class IO, 0.768%, 05/16/2062		771,142		44,502
Series 2020-137, Class IO, 0.796%, 09/16/2062		3,600,453		204,029
Series 2020-143, Class IB IO, 0.871%, 03/16/2062		4,224,275		250,074
Series 2020-150, Class IO, 0.963%, 12/16/2062		2,194,211		145,498
Series 2020-170, Class IO, 0.834%, 11/16/2062		2,902,206		182,391
Series 2020-28, Class IO, 0.820%, 11/16/2061		5,273,548		290,285
Series 2020-92, Class IO, 0.879%, 02/16/2062		3,304,220		202,574
Series 2021-3, Class IO, 0.868%, 09/16/2062		3,640,906		227,241
Series 2021-40, Class IO, 0.824%, 02/16/2063		901,896		54,755
Series 2022-150, Class IO, 0.822%, 06/16/2064		304,481		18,781
Series 2022-17, Class IO, 0.802%, 06/16/2064		1,986,141		122,220
Series 2022-181, Class IO, 0.716%, 07/16/2064		937,362		61,607
Series 2022-21, Class IO, 0.784%, 10/16/2063		873,644		53,194

 

17

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Active Bond Trust (continued)

		Shares or Principal Amount	Value
COLLATERALIZED MORTGAGE OBLIGATIONS (continued)
U.S. Government Agency (continued)
Government National Mortgage Association (continued)
Series 2023-177, Class IO, 0.860%, 06/16/2065	$	2,033,531	$	137,308
Series 2023-197, Class IO, 1.319%, 09/16/2065		608,028		55,104
Series 2023-30, Class IO, 1.146%, 11/16/2064		1,240,174		90,645
				5,749,011
TOTAL COLLATERALIZED MORTGAGE OBLIGATIONS (Cost $25,188,648)			$	19,580,698
ASSET BACKED SECURITIES – 5.3%
ABPCI Direct Lending Fund I, Ltd. Series 2020-1A, Class A 3.199%, 12/20/2030 (C)		108,778		103,867
Aligned Data Centers Issuer LLC
Series 2021-1A, Class A2 1.937%, 08/15/2046 (C)		651,000		591,713
Series 2023-2A, Class A2 6.500%, 11/16/2048 (C)		193,000		196,647
AMSR Trust Series 2021-SFR4, Class A 2.117%, 12/17/2038 (C)		105,000		96,597
Applebee's Funding LLC Series 2023-1A, Class A2 7.824%, 03/05/2053 (C)		175,000		180,917
Aqua Finance Trust Series 2021-A, Class A 1.540%, 07/17/2046 (C)		104,473		93,399
Arby's Funding LLC Series 2020-1A, Class A2 3.237%, 07/30/2050 (C)		458,375		423,812
Avis Budget Rental Car Funding AESOP LLC
Series 2020-2A, Class C 4.250%, 02/20/2027 (C)		430,000		415,817
Series 2023-2A, Class B 6.030%, 10/20/2027 (C)		400,000		401,726
Beacon Container Finance II LLC Series 2021-1A, Class A 2.250%, 10/22/2046 (C)		379,167		338,207
BRE Grand Islander Timeshare Issuer LLC Series 2019-A, Class A 3.280%, 09/26/2033 (C)		83,393		80,175
Cars Net Lease Mortgage Notes Series 2020-1A, Class A1 2.010%, 12/15/2050 (C)		486,875		424,021
CARS-DB4 LP
Series 2020-1A, Class A4 3.190%, 02/15/2050 (C)		1,232,552		1,190,579
Series 2020-1A, Class B1 4.170%, 02/15/2050 (C)		766,000		738,583
Centex Home Equity Loan Trust Series 2005-A, Class M4 (1 month CME Term SOFR + 1.314%) 6.644%, 01/25/2035 (A)		156,736		145,359
CF Hippolyta Issuer LLC
Series 2020-1, Class A1 1.690%, 07/15/2060 (C)		393,061		367,480
Series 2021-1A, Class A1 1.530%, 03/15/2061 (C)		361,900		327,255

Active Bond Trust (continued)

		Shares or Principal Amount	Value
ASSET BACKED SECURITIES (continued)
CLI Funding VI LLC Series 2020-1A, Class A 2.080%, 09/18/2045 (C)	$	396,825	$	357,082
CLI Funding VIII LLC
Series 2021-1A, Class A 1.640%, 02/18/2046 (C)		321,313		285,015
Series 2022-1A, Class A 2.720%, 01/18/2047 (C)		671,687		598,234
Compass Datacenters Issuer II LLC Series 2024-1A, Class A1 5.250%, 02/25/2049 (C)		372,000		368,580
ContiMortgage Home Equity Loan Trust Series 1995-2, Class A5 8.100%, 08/15/2025		5,287		2,469
CyrusOne Data Centers Issuer I LLC Series 2023-1A, Class A2 4.300%, 04/20/2048 (C)		309,000		290,760
DataBank Issuer Series 2021-1A, Class A2 2.060%, 02/27/2051 (C)		225,000		206,185
DB Master Finance LLC
Series 2017-1A, Class A2II 4.030%, 11/20/2047 (C)		187,060		178,274
Series 2021-1A, Class A2I 2.045%, 11/20/2051 (C)		672,520		615,517
Series 2021-1A, Class A2II 2.493%, 11/20/2051 (C)		977,500		861,523
Diamond Infrastructure Funding LLC
Series 2021-1A, Class B 2.355%, 04/15/2049 (C)		1,000,000		892,280
Series 2021-1A, Class C 3.475%, 04/15/2049 (C)		370,000		331,139
Domino's Pizza Master Issuer LLC
Series 2017-1A, Class A23 4.118%, 07/25/2047 (C)		446,500		427,381
Series 2021-1A, Class A2I 2.662%, 04/25/2051 (C)		1,302,178		1,158,172
Driven Brands Funding LLC
Series 2019-2A, Class A2 3.981%, 10/20/2049 (C)		957,500		900,733
Series 2020-2A, Class A2 3.237%, 01/20/2051 (C)		288,090		261,391
Series 2021-1A, Class A2 2.791%, 10/20/2051 (C)		423,258		368,461
FirstKey Homes Trust Series 2021-SFR1, Class D 2.189%, 08/17/2038 (C)		246,000		223,329
Five Guys Holdings, Inc. Series 2023-1A, Class A2 7.549%, 01/26/2054 (C)		731,000		758,800
Ford Credit Auto Owner Trust Series 2023-2, Class A 5.280%, 02/15/2036 (C)		346,000		350,081
GM Financial Revolving Receivables Trust Series 2024-1, Class A 4.980%, 12/11/2036 (C)		298,000		299,260
Golub Capital Partners Funding, Ltd.
Series 2020-1A, Class A2 3.208%, 01/22/2029 (C)		152,619		145,344
Series 2021-1A, Class A2 2.773%, 04/20/2029 (C)		289,859		274,505
HI-FI Music IP Issuer LP Series 2022-1A, Class A2 3.939%, 02/01/2062 (C)		294,000		276,112

 

18

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Active Bond Trust (continued)

		Shares or Principal Amount	Value
ASSET BACKED SECURITIES (continued)
Hilton Grand Vacations Trust Series 2023-1A, Class B 6.110%, 01/25/2038 (C)	$	408,760	$	412,376
Home Partners of America Trust Series 2021-2, Class A 1.901%, 12/17/2026 (C)		135,654		123,114
Jack in the Box Funding LLC
Series 2019-1A, Class A23 4.970%, 08/25/2049 (C)		96,030		91,109
Series 2022-1A, Class A2I 3.445%, 02/26/2052 (C)		131,520		121,943
MetroNet Infrastructure Issuer LLC
Series 2022-1A, Class B 7.460%, 10/20/2052 (C)		400,000		397,192
Series 2023-1A, Class A2 6.560%, 04/20/2053 (C)		205,000		207,827
Navient Private Education Refi Loan Trust Series 2019-FA, Class A2 2.600%, 08/15/2068 (C)		121,930		114,101
Navient Student Loan Trust Series 2020-2A, Class A1A 1.320%, 08/26/2069 (C)		160,596		140,960
Neighborly Issuer LLC
Series 2021-1A, Class A2 3.584%, 04/30/2051 (C)		539,738		478,972
Series 2022-1A, Class A2 3.695%, 01/30/2052 (C)		249,900		219,175
Series 2023-1A, Class A2 7.308%, 01/30/2053 (C)		495,000		501,507
New Economy Assets Phase 1 Sponsor LLC
Series 2021-1, Class A1 1.910%, 10/20/2061 (C)		503,000		440,498
Series 2021-1, Class B1 2.410%, 10/20/2061 (C)		184,000		154,517
NRZ Excess Spread-Collateralized Notes Series 2021-FHT1, Class A 3.104%, 07/25/2026 (C)		46,330		43,205
Progress Residential Trust
Series 2021-SFR8, Class B 1.681%, 10/17/2038 (C)		216,000		195,519
Series 2022-SFR3, Class D 4.450%, 04/17/2039 (C)		950,000		903,700
Renaissance Home Equity Loan Trust Series 2005-2, Class AF4 5.434%, 08/25/2035		30,884		30,644
Retained Vantage Data Centers Issuer LLC Series 2023-1A, Class A2A 5.000%, 09/15/2048 (C)		827,000		799,377
SERVPRO Master Issuer LLC Series 2024-1A, Class A2 6.174%, 01/25/2054 (C)		246,000		248,681
Sesac Finance LLC Series 2019-1, Class A2 5.216%, 07/25/2049 (C)		389,640		379,772
SMB Private Education Loan Trust
Series 2021-A, Class APT2 1.070%, 01/15/2053 (C)		150,349		132,620
Series 2021-E, Class A1A 1.680%, 02/15/2051 (C)		736,615		667,473
Series 2024-A, Class A1A 5.240%, 03/15/2056 (C)		484,000		484,217
Sonic Capital LLC
Series 2020-1A, Class A2I 3.845%, 01/20/2050 (C)		306,605		290,270

Active Bond Trust (continued)

		Shares or Principal Amount	Value
ASSET BACKED SECURITIES (continued)
Sonic Capital LLC (continued)
Series 2021-1A, Class A2I 2.190%, 08/20/2051 (C)	$	321,750	$	278,535
STORE Master Funding LLC Series 2019-1, Class A2 3.650%, 11/20/2049 (C)		284,150		233,053
Sunbird Engine Finance LLC Series 2020-1A, Class A 3.671%, 02/15/2045 (C)		154,366		139,704
Taco Bell Funding LLC Series 2021-1A, Class A2I 1.946%, 08/25/2051 (C)		460,793		416,801
TAL Advantage VII LLC Series 2020-1A, Class B 3.290%, 09/20/2045 (C)		316,250		287,046
TIF Funding II LLC Series 2021-1A, Class A 1.650%, 02/20/2046 (C)		688,850		598,033
Tricon American Homes Trust Series 2020-SFR2, Class D 2.281%, 11/17/2039 (C)		500,000		441,420
Triton Container Finance VIII LLC
Series 2020-1A, Class A 2.110%, 09/20/2045 (C)		465,758		416,722
Series 2021-1A, Class A 1.860%, 03/20/2046 (C)		252,555		221,601
Vantage Data Centers LLC
Series 2020-1A, Class A2 1.645%, 09/15/2045 (C)		314,000		294,167
Series 2020-2A, Class A2 1.992%, 09/15/2045 (C)		312,000		274,796
Series 2021-1A, Class A2 2.165%, 10/15/2046 (C)		400,000		364,906
VR Funding LLC Series 2020-1A, Class A 2.790%, 11/15/2050 (C)		260,129		233,155
Wendy's Funding LLC
Series 2019-1A, Class A2II 4.080%, 06/15/2049 (C)		437,969		410,906
Series 2021-1A, Class A2I 2.370%, 06/15/2051 (C)		293,640		255,524
Willis Engine Structured Trust V Series 2020-A, Class A 3.228%, 03/15/2045 (C)		126,856		116,073
Zaxby's Funding LLC Series 2021-1A, Class A2 3.238%, 07/30/2051 (C)		273,975		242,469
TOTAL ASSET BACKED SECURITIES (Cost $30,918,375)			$	29,350,461
COMMON STOCKS – 0.0%
Energy – 0.0%
Altera Infrastructure LP (B)		937		26,228
Utilities – 0.0%
Algonquin Power & Utilities Corp.		5,400		115,778
TOTAL COMMON STOCKS (Cost $507,388)			$	142,006
PREFERRED SECURITIES – 0.1%
Communication services – 0.1%
Telephone & Data Systems, Inc., 6.625%		5,925		109,139
Financials – 0.0%
Wells Fargo & Company, 7.500%		30		36,581
TOTAL PREFERRED SECURITIES (Cost $187,013)			$	145,720

 

19

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Active Bond Trust (continued)

	Shares or Principal Amount	Value
SHORT-TERM INVESTMENTS – 0.2%
Short-term funds – 0.2%
John Hancock Collateral Trust, 5.2975% (G)(H)	136,764	$	1,367,281
TOTAL SHORT-TERM INVESTMENTS (Cost $1,367,630)		$	1,367,281
Total Investments (Active Bond Trust) (Cost $573,697,391) – 98.2%		$	541,344,483
Other assets and liabilities, net – 1.8%			9,663,133
TOTAL NET ASSETS – 100.0%		$	551,007,616

Currency Abbreviations
ARS	Argentine Peso

Security Abbreviations and Legend
CME	CME Group Published Rates
CMT	Constant Maturity Treasury
GO	General Obligation
IBOR	Interbank Offered Rate
IO	Interest-Only Security - (Interest Tranche of Stripped Mortgage Pool). Rate shown is the annualized yield at the end of the period.
SOFR	Secured Overnight Financing Rate

Active Bond Trust (continued)

(A)	Variable rate obligation. The coupon rate shown represents the rate at period end.
(B)	Non-income producing security.
(C)	These securities are exempt from registration under Rule 144A of the Securities Act of 1933. Such securities may be resold, normally to qualified institutional buyers, in transactions exempt from registration. Rule 144A securities amounted to $102,512,066 or 18.6% of the fund's net assets as of 3-31-24.
(D)	All or a portion of this security is on loan as of 3-31-24. The value of securities on loan amounted to $207,951.
(E)	Perpetual bonds have no stated maturity date. Date shown as maturity date is next call date.
(F)	Variable or floating rate security, the interest rate of which adjusts periodically based on a weighted average of interest rates and prepayments on the underlying pool of assets. The interest rate shown is the current rate as of period end.
(G)	The rate shown is the annualized seven-day yield as of 3-31-24.
(H)	Investment is an affiliate of the fund, the advisor and/or subadvisor. A portion of this security represents the investment of cash collateral received for securities lending. Market value of this investment amounted to $213,296.
*	Yield represents either the annualized yield at the date of purchase, the stated coupon rate or, for floating rate securities, the rate at period end.

 

DERIVATIVES

FUTURES

Open contracts	Number of contracts	Position	Expiration date	Notional basis^	Notional value^	Unrealized appreciation (depreciation)
10-Year U.S. Treasury Note Futures	46	Long	Jun 2024	$5,104,680	$5,096,656	$(8,024)
						$(8,024)

^ Notional basis refers to the contractual amount agreed upon at inception of open contracts; notional value represents the current value of the open contract.

American Asset Allocation Trust

	Shares or Principal Amount	Value
INVESTMENT COMPANIES - 100.0%
American Funds Insurance Series - 100.0%
American Asset Allocation Fund - Class 1	46,934,678	$	1,199,181,021
TOTAL INVESTMENT COMPANIES (Cost $1,051,318,735)		$	1,199,181,021
Total Investments (American Asset Allocation Trust) (Cost $1,051,318,735) - 100.0%		$	1,199,181,021
Other assets and liabilities, net - 0.0%			17,858
TOTAL NET ASSETS - 100.0%		$	1,199,198,879

American Global Growth Trust

	Shares or Principal Amount	Value
INVESTMENT COMPANIES - 100.0%
American Funds Insurance Series - 100.0%
American Global Growth Fund - Class 1	5,487,478	$	206,658,411
TOTAL INVESTMENT COMPANIES (Cost $169,431,112)		$	206,658,411
Total Investments (American Global Growth Trust) (Cost $169,431,112) - 100.0%		$	206,658,411
Other assets and liabilities, net - (0.0%)			(8,681)
TOTAL NET ASSETS - 100.0%		$	206,649,730

American Growth Trust

	Shares or Principal Amount	Value
INVESTMENT COMPANIES - 100.0%
American Funds Insurance Series - 100.0%
American Growth Fund - Class 1	8,691,462	$	973,182,975
TOTAL INVESTMENT COMPANIES (Cost $731,654,956)		$	973,182,975
Total Investments (American Growth Trust) (Cost $731,654,956) - 100.0%		$	973,182,975
Other assets and liabilities, net - (0.0%)			(3,685)
TOTAL NET ASSETS - 100.0%		$	973,179,290

American Growth-Income Trust

	Shares or Principal Amount	Value
INVESTMENT COMPANIES - 100.0%
American Funds Insurance Series - 100.0%
American Growth-Income Fund - Class 1	14,502,567	$	951,368,408
TOTAL INVESTMENT COMPANIES (Cost $699,528,986)		$	951,368,408
Total Investments (American Growth-Income Trust) (Cost $699,528,986) - 100.0%		$	951,368,408
Other assets and liabilities, net - (0.0%)			(4,890)
TOTAL NET ASSETS - 100.0%		$	951,363,518

 

20

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

American International Trust

	Shares or Principal Amount	Value
INVESTMENT COMPANIES - 100.0%
American Funds Insurance Series - 100.0%
American International Fund - Class 1	20,011,144	$	373,207,844
TOTAL INVESTMENT COMPANIES (Cost $381,885,876)		$	373,207,844
Total Investments (American International Trust) (Cost $381,885,876) - 100.0%		$	373,207,844
Other assets and liabilities, net - (0.0%)			(8,815)
TOTAL NET ASSETS - 100.0%		$	373,199,029

Blue Chip Growth Trust

	Shares or Principal Amount	Value
COMMON STOCKS – 97.8%
Communication services – 15.1%
Entertainment – 1.8%
Netflix, Inc. (A)	51,483	$	31,267,170
Sea, Ltd., ADR (A)	77,130		4,142,652
			35,409,822
Interactive media and services – 12.4%
Alphabet, Inc., Class A (A)	178,092		26,879,426
Alphabet, Inc., Class C (A)	787,960		119,974,790
Meta Platforms, Inc., Class A	194,834		94,607,494
			241,461,710
Wireless telecommunication services – 0.9%
T-Mobile US, Inc.	106,161		17,327,598
			294,199,130
Consumer discretionary – 14.2%
Automobiles – 1.5%
Tesla, Inc. (A)	164,763		28,963,688
Broadline retail – 8.5%
Amazon.com, Inc. (A)	908,931		163,952,974
Hotels, restaurants and leisure – 2.2%
Booking Holdings, Inc.	4,506		16,347,227
Chipotle Mexican Grill, Inc. (A)	7,050		20,492,729
DoorDash, Inc., Class A (A)	45,610		6,281,409
			43,121,365
Specialty retail – 1.5%
Carvana Company (A)(B)	108,869		9,570,674
Ross Stores, Inc.	78,940		11,585,234
The TJX Companies, Inc.	82,465		8,363,600
			29,519,508
Textiles, apparel and luxury goods – 0.5%
Lululemon Athletica, Inc. (A)	15,176		5,928,504
NIKE, Inc., Class B	40,226		3,780,439
			9,708,943
			275,266,478
Consumer staples – 1.3%
Consumer staples distribution and retail – 0.6%
Dollar General Corp.	80,461		12,556,744
Food products – 0.2%
Mondelez International, Inc., Class A	66,136		4,629,520
Household products – 0.5%
Colgate-Palmolive Company	51,856		4,669,633
The Procter & Gamble Company	26,971		4,376,045
			9,045,678
			26,231,942
Energy – 0.3%
Energy equipment and services – 0.3%
Schlumberger, Ltd.	121,003		6,632,174

Blue Chip Growth Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Financials – 9.3%
Capital markets – 1.6%
Morgan Stanley	87,407	$	8,230,243
MSCI, Inc.	3,475		1,947,564
S&P Global, Inc.	20,957		8,916,156
The Charles Schwab Corp.	92,496		6,691,161
The Goldman Sachs Group, Inc.	11,956		4,993,902
			30,779,026
Financial services – 6.1%
Adyen NV (A)(C)	2,917		4,927,211
Fiserv, Inc. (A)	27,548		4,402,721
Mastercard, Inc., Class A	104,131		50,146,366
Visa, Inc., Class A	210,818		58,835,087
			118,311,385
Insurance – 1.6%
Chubb, Ltd.	76,123		19,725,753
Marsh & McLennan Companies, Inc.	55,346		11,400,169
			31,125,922
			180,216,333
Health care – 11.8%
Health care equipment and supplies – 2.3%
Align Technology, Inc. (A)	4,261		1,397,267
Intuitive Surgical, Inc. (A)	75,311		30,055,867
Stryker Corp.	32,057		11,472,239
Teleflex, Inc.	9,131		2,065,158
			44,990,531
Health care providers and services – 3.5%
Elevance Health, Inc.	14,940		7,746,988
Humana, Inc.	22,789		7,901,402
UnitedHealth Group, Inc.	104,511		51,701,592
			67,349,982
Health care technology – 0.2%
Veeva Systems, Inc., Class A (A)	18,961		4,393,074
Life sciences tools and services – 1.7%
Danaher Corp.	45,462		11,352,771
Thermo Fisher Scientific, Inc.	37,919		22,038,902
			33,391,673
Pharmaceuticals – 4.1%
AstraZeneca PLC, ADR	58,166		3,940,747
Eli Lilly & Company	86,433		67,241,417
Zoetis, Inc.	50,024		8,464,561
			79,646,725
			229,771,985
Industrials – 1.6%
Aerospace and defense – 0.3%
TransDigm Group, Inc.	4,389		5,405,492
Commercial services and supplies – 0.3%
Cintas Corp.	5,468		3,756,680
Veralto Corp.	16,486		1,461,649
			5,218,329
Ground transportation – 0.4%
Old Dominion Freight Line, Inc.	32,804		7,194,245
Industrial conglomerates – 0.6%
General Electric Company	70,726		12,414,535
			30,232,601
Information technology – 42.6%
Electronic equipment, instruments and components – 0.3%
TE Connectivity, Ltd.	40,611		5,898,342
IT services – 1.2%
MongoDB, Inc. (A)	23,950		8,589,428

 

21

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Blue Chip Growth Trust (continued)

		Shares or Principal Amount	Value
COMMON STOCKS (continued)
IT services (continued)
Shopify, Inc., Class A (A)		143,011	$	11,036,159
Snowflake, Inc., Class A (A)		20,042		3,238,787
				22,864,374
Semiconductors and semiconductor equipment – 13.2%
Advanced Micro Devices, Inc. (A)		80,540		14,536,665
ASML Holding NV, NYRS		26,003		25,235,131
Lam Research Corp.		3,516		3,416,040
Monolithic Power Systems, Inc.		16,114		10,915,946
NVIDIA Corp.		213,335		192,760,973
Taiwan Semiconductor Manufacturing Company, Ltd., ADR		54,696		7,441,391
Texas Instruments, Inc.		16,826		2,931,257
				257,237,403
Software – 20.2%
Atlassian Corp., Class A (A)		27,511		5,367,671
BILL Holdings, Inc. (A)		45,423		3,121,469
Confluent, Inc., Class A (A)		89,031		2,717,226
Crowdstrike Holdings, Inc., Class A (A)		15,112		4,844,756
Datadog, Inc., Class A (A)		29,799		3,683,156
Fortinet, Inc. (A)		22,298		1,523,176
Intuit, Inc.		32,455		21,095,750
Microsoft Corp.		640,535		269,485,882
Roper Technologies, Inc.		23,394		13,120,291
ServiceNow, Inc. (A)		58,014		44,229,874
Synopsys, Inc. (A)		40,355		23,062,883
				392,252,134
Technology hardware, storage and peripherals – 7.7%
Apple, Inc.		872,549		149,624,703
				827,876,956
Materials – 0.9%
Chemicals – 0.9%
Linde PLC		19,722		9,157,319
The Sherwin-Williams Company		25,117		8,723,888
				17,881,207
Utilities – 0.7%
Electric utilities – 0.7%
Constellation Energy Corp.		77,858		14,392,051
TOTAL COMMON STOCKS (Cost $1,105,802,489)			$	1,902,700,857
CORPORATE BONDS - 0.2%
Consumer discretionary - 0.2%
Carvana Company
12.000%, (9.000% Cash or 12.000% PIK), 12/01/2028 (C)	$	851,115		832,169
13.000%, (9.000% Cash or 13.000% PIK), 06/01/2030 (C)		1,282,718		1,250,939
14.000%, (9.000% Cash or 14.000% PIK), 06/01/2031 (C)		1,524,393		1,532,209
				3,615,317
TOTAL CORPORATE BONDS (Cost $4,069,570)			$	3,615,317
SHORT-TERM INVESTMENTS – 0.3%
Short-term funds – 0.3%
John Hancock Collateral Trust, 5.2975% (D)(E)		233,276		2,332,152

Blue Chip Growth Trust (continued)

	Shares or Principal Amount	Value
SHORT-TERM INVESTMENTS (continued)
Short-term funds (continued)
State Street Institutional U.S. Government Money Market Fund, Premier Class, 5.2417% (D)	558,389	$	558,389
T. Rowe Price Government Reserve Fund, 5.3578% (D)	2,302,840		2,302,840
TOTAL SHORT-TERM INVESTMENTS (Cost $5,194,020)		$	5,193,381
Total Investments (Blue Chip Growth Trust) (Cost $1,115,066,079) – 98.3%		$	1,911,509,555
Other assets and liabilities, net – 1.7%			33,110,662
TOTAL NET ASSETS – 100.0%		$	1,944,620,217

Security Abbreviations and Legend
ADR	American Depositary Receipt
NYRS	New York Registry Shares
PIK	Pay-in-Kind Security - Represents a payment-in-kind which may pay interest in additional par and/or cash. Rates shown are the current rate and most recent payment rate.
(A)	Non-income producing security.
(B)	All or a portion of this security is on loan as of 3-31-24. The value of securities on loan amounted to $2,284,121.
(C)	These securities are exempt from registration under Rule 144A of the Securities Act of 1933. Such securities may be resold, normally to qualified institutional buyers, in transactions exempt from registration.
(D)	The rate shown is the annualized seven-day yield as of 3-31-24.
(E)	Investment is an affiliate of the fund, the advisor and/or subadvisor. This security represents the investment of cash collateral received for securities lending.

Capital Appreciation Trust

	Shares or Principal Amount	Value
COMMON STOCKS – 100.2%
Communication services – 13.1%
Entertainment – 4.0%
Netflix, Inc. (A)	32,142	$	19,520,801
The Walt Disney Company	55,165		6,749,989
			26,270,790
Interactive media and services – 8.3%
Alphabet, Inc., Class A (A)	69,798		10,534,612
Alphabet, Inc., Class C (A)	69,139		10,527,104
Meta Platforms, Inc., Class A	66,977		32,522,692
			53,584,408
Media – 0.8%
The Trade Desk, Inc., Class A (A)	57,760		5,049,379
			84,904,577
Consumer discretionary – 20.1%
Automobiles – 1.5%
Tesla, Inc. (A)	55,003		9,668,977
Broadline retail – 9.4%
Amazon.com, Inc. (A)	285,757		51,544,848
MercadoLibre, Inc. (A)	6,287		9,505,693
			61,050,541
Hotels, restaurants and leisure – 2.8%
Airbnb, Inc., Class A (A)	48,304		7,968,228
Chipotle Mexican Grill, Inc. (A)	1,437		4,177,028

 

22

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Capital Appreciation Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Hotels, restaurants and leisure (continued)
Marriott International, Inc., Class A	22,883	$	5,773,610
			17,918,866
Specialty retail – 3.5%
O'Reilly Automotive, Inc. (A)	6,410		7,236,121
The Home Depot, Inc.	23,875		9,158,450
The TJX Companies, Inc.	60,509		6,136,823
			22,531,394
Textiles, apparel and luxury goods – 2.9%
Lululemon Athletica, Inc. (A)	17,247		6,737,541
LVMH Moet Hennessy Louis Vuitton SE	8,339		7,503,399
NIKE, Inc., Class B	46,632		4,382,475
			18,623,415
			129,793,193
Consumer staples – 2.8%
Consumer staples distribution and retail – 1.6%
Costco Wholesale Corp.	14,124		10,347,666
Personal care products – 1.2%
L'Oreal SA	11,666		5,524,686
The Estee Lauder Companies, Inc., Class A	13,328		2,054,511
			7,579,197
			17,926,863
Financials – 8.1%
Banks – 0.4%
NU Holdings, Ltd., Class A (A)	209,411		2,498,273
Capital markets – 1.8%
Moody's Corp.	15,217		5,980,738
The Goldman Sachs Group, Inc.	14,259		5,955,842
			11,936,580
Financial services – 5.9%
Adyen NV (A)(B)	1,748		2,952,610
Mastercard, Inc., Class A	36,301		17,481,473
Visa, Inc., Class A	63,310		17,668,555
			38,102,638
			52,537,491
Health care – 11.6%
Biotechnology – 1.5%
Vertex Pharmaceuticals, Inc. (A)	23,069		9,643,073
Health care equipment and supplies – 1.3%
Intuitive Surgical, Inc. (A)	21,392		8,537,333
Health care providers and services – 1.4%
UnitedHealth Group, Inc.	18,006		8,907,568
Pharmaceuticals – 7.4%
AstraZeneca PLC, ADR	97,828		6,627,847
Eli Lilly & Company	33,493		26,056,214
Novo Nordisk A/S, ADR	116,260		14,927,784
			47,611,845
			74,699,819
Industrials – 2.7%
Aerospace and defense – 0.8%
The Boeing Company (A)	25,598		4,940,158
Electrical equipment – 0.5%
Eaton Corp. PLC	10,490		3,280,013
Ground transportation – 1.4%
Uber Technologies, Inc. (A)	122,521		9,432,892
			17,653,063

Capital Appreciation Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Information technology – 41.0%
Electronic equipment, instruments and components – 0.7%
Keysight Technologies, Inc. (A)	26,656	$	4,168,465
IT services – 2.1%
MongoDB, Inc. (A)	19,470		6,982,721
Snowflake, Inc., Class A (A)	40,272		6,507,955
			13,490,676
Semiconductors and semiconductor equipment – 18.1%
Advanced Micro Devices, Inc. (A)	134,714		24,314,530
ASML Holding NV, NYRS	10,563		10,251,075
Broadcom, Inc.	20,115		26,660,622
NVIDIA Corp.	62,021		56,039,695
			117,265,922
Software – 16.7%
Adobe, Inc. (A)	16,568		8,360,213
Cadence Design Systems, Inc. (A)	29,827		9,284,549
Crowdstrike Holdings, Inc., Class A (A)	24,051		7,710,510
HubSpot, Inc. (A)	8,424		5,278,141
Microsoft Corp.	122,088		51,364,863
Palo Alto Networks, Inc. (A)	10,669		3,031,383
Salesforce, Inc.	41,341		12,451,082
ServiceNow, Inc. (A)	14,119		10,764,326
			108,245,067
Technology hardware, storage and peripherals – 3.4%
Apple, Inc.	129,365		22,183,510
			265,353,640
Real estate – 0.8%
Specialized REITs – 0.8%
American Tower Corp.	27,039		5,342,636
TOTAL COMMON STOCKS (Cost $427,260,920)		$	648,211,282
SHORT-TERM INVESTMENTS – 0.0%
Short-term funds – 0.0%
State Street Institutional U.S. Government Money Market Fund, Premier Class, 5.2417% (C)	4,719		4,719
TOTAL SHORT-TERM INVESTMENTS (Cost $4,719)		$	4,719
Total Investments (Capital Appreciation Trust) (Cost $427,265,639) – 100.2%		$	648,216,001
Other assets and liabilities, net – (0.2%)			(1,230,736)
TOTAL NET ASSETS – 100.0%		$	646,985,265

Security Abbreviations and Legend
ADR	American Depositary Receipt
NYRS	New York Registry Shares
(A)	Non-income producing security.
(B)	These securities are exempt from registration under Rule 144A of the Securities Act of 1933. Such securities may be resold, normally to qualified institutional buyers, in transactions exempt from registration.
(C)	The rate shown is the annualized seven-day yield as of 3-31-24.

Capital Appreciation Value Trust

	Shares or Principal Amount	Value
COMMON STOCKS – 62.2%
Communication services – 4.0%
Interactive media and services – 4.0%
Alphabet, Inc., Class A (A)(B)	87,885	$	13,264,483

 

23

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Capital Appreciation Value Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Interactive media and services (continued)
Meta Platforms, Inc., Class A	12,025	$	5,839,100
			19,103,583
Consumer discretionary – 4.2%
Broadline retail – 2.3%
Amazon.com, Inc. (B)	61,974		11,178,870
Hotels, restaurants and leisure – 1.9%
Hilton Worldwide Holdings, Inc.	12,327		2,629,472
McDonald's Corp.	5,400		1,522,530
Yum! Brands, Inc. (A)	36,120		5,008,038
			9,160,040
			20,338,910
Energy – 2.9%
Oil, gas and consumable fuels – 2.9%
Canadian Natural Resources, Ltd.	128,749		9,826,124
Chesapeake Energy Corp.	45,800		4,068,414
			13,894,538
Financials – 6.6%
Banks – 0.6%
The PNC Financial Services Group, Inc.	16,988		2,745,261
Capital markets – 2.8%
Intercontinental Exchange, Inc.	39,497		5,428,073
KKR & Company, Inc.	27,977		2,813,927
Morgan Stanley	26,700		2,514,072
The Goldman Sachs Group, Inc.	6,300		2,631,447
			13,387,519
Financial services – 2.1%
Mastercard, Inc., Class A	11,287		5,435,481
Visa, Inc., Class A	16,488		4,601,471
			10,036,952
Insurance – 1.1%
Arthur J. Gallagher & Company	3,600		900,144
Marsh & McLennan Companies, Inc.	20,757		4,275,527
			5,175,671
			31,345,403
Health care – 12.7%
Biotechnology – 1.9%
AbbVie, Inc.	24,520		4,465,092
Argenx SE, ADR (B)	3,600		1,417,392
Biogen, Inc. (B)	13,506		2,912,299
			8,794,783
Health care equipment and supplies – 3.2%
Becton, Dickinson and Company	38,273		9,470,654
GE HealthCare Technologies, Inc.	41,214		3,746,765
Teleflex, Inc.	9,033		2,042,994
			15,260,413
Health care providers and services – 2.7%
Humana, Inc.	3,400		1,178,848
UnitedHealth Group, Inc.	23,282		11,517,605
			12,696,453
Life sciences tools and services – 4.0%
Avantor, Inc. (B)	52,056		1,331,072
Danaher Corp.	25,348		6,329,903
Revvity, Inc. (A)	86,822		9,116,310
Thermo Fisher Scientific, Inc.	4,244		2,466,655
			19,243,940
Pharmaceuticals – 0.9%
Eli Lilly & Company	5,700		4,434,372
			60,429,961

Capital Appreciation Value Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Industrials – 8.4%
Aerospace and defense – 1.3%
Northrop Grumman Corp.	2,100	$	1,005,186
RTX Corp.	54,300		5,295,879
			6,301,065
Commercial services and supplies – 3.6%
Republic Services, Inc.	5,271		1,009,080
Veralto Corp.	76,095		6,746,583
Waste Connections, Inc.	54,721		9,412,559
			17,168,222
Electrical equipment – 0.4%
AMETEK, Inc.	11,105		2,031,105
Machinery – 3.0%
Fortive Corp.	127,596		10,975,808
Ingersoll Rand, Inc.	34,384		3,264,761
			14,240,569
Professional services – 0.1%
Equifax, Inc.	1,174		314,068
			40,055,029
Information technology – 16.6%
Electronic equipment, instruments and components – 1.1%
Teledyne Technologies, Inc. (B)	12,179		5,228,688
Semiconductors and semiconductor equipment – 3.5%
Advanced Micro Devices, Inc. (B)	6,800		1,227,332
KLA Corp.	2,730		1,907,096
Lam Research Corp.	2,475		2,404,636
NVIDIA Corp.	9,950		8,990,422
NXP Semiconductors NV	7,690		1,905,351
			16,434,837
Software – 10.5%
Aurora Innovation, Inc. (B)	669,491		1,887,965
Intuit, Inc.	9,167		5,958,550
Microsoft Corp.	56,650		23,833,777
PTC, Inc. (B)	27,407		5,178,279
Roper Technologies, Inc.	13,087		7,339,713
Salesforce, Inc.	19,803		5,964,268
			50,162,552
Technology hardware, storage and peripherals – 1.5%
Apple, Inc.	41,753		7,159,804
			78,985,881
Materials – 1.5%
Chemicals – 0.9%
Linde PLC	8,751		4,063,264
Construction materials – 0.6%
Martin Marietta Materials, Inc.	4,800		2,946,912
			7,010,176
Real estate – 0.2%
Specialized REITs – 0.2%
SBA Communications Corp.	5,943		1,287,848
Utilities – 5.1%
Electric utilities – 1.1%
Exelon Corp. (A)	135,506		5,090,960
Multi-utilities – 3.5%
Ameren Corp.	63,783		4,717,391
CenterPoint Energy, Inc.	167,830		4,781,477
CMS Energy Corp.	15,583		940,278
DTE Energy Company	31,610		3,544,745
NiSource, Inc.	61,033		1,688,173

 

24

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Capital Appreciation Value Trust (continued)

		Shares or Principal Amount	Value
COMMON STOCKS (continued)
Multi-utilities (continued)
WEC Energy Group, Inc.		11,547	$	948,240
				16,620,304
Water utilities – 0.5%
Essential Utilities, Inc.		66,758		2,473,384
				24,184,648
TOTAL COMMON STOCKS (Cost $239,060,151)			$	296,635,977
PREFERRED SECURITIES – 0.2%
Financials – 0.0%
Capital markets – 0.0%
The Charles Schwab Corp., 5.950%		422		10,660
Utilities – 0.2%
Electric utilities – 0.1%
SCE Trust IV, 5.375% (5.375% to 9-15-25, then 3 month CME Term SOFR + 3.394%)		8,303		195,204
Multi-utilities – 0.1%
CMS Energy Corp., 5.875%		16,211		392,468
CMS Energy Corp., 5.875%		8,360		207,077
				599,545
				794,749
TOTAL PREFERRED SECURITIES (Cost $832,400)			$	805,409
U.S. GOVERNMENT AND AGENCY OBLIGATIONS – 11.2%
U.S. Government – 11.2%
U.S. Treasury Notes
3.375%, 05/15/2033	$	14,070,900		13,181,575
3.875%, 08/15/2033		13,928,900		13,558,914
4.000%, 02/15/2034		8,621,500		8,478,706
4.500%, 11/15/2033		17,691,000		18,083,519
				53,302,714
TOTAL U.S. GOVERNMENT AND AGENCY OBLIGATIONS (Cost $52,879,938)			$	53,302,714
CORPORATE BONDS - 11.0%
Communication services - 1.1%
CCO Holdings LLC
5.000%, 02/01/2028 (C)		2,258,000		2,101,983
5.125%, 05/01/2027 (C)		2,724,000		2,595,350
5.500%, 05/01/2026 (C)		163,000		160,512
Lamar Media Corp.
3.625%, 01/15/2031		50,000		43,872
3.750%, 02/15/2028		100,000		93,424
4.875%, 01/15/2029		50,000		48,179
Live Nation Entertainment, Inc. 4.875%, 11/01/2024 (C)		35,000		34,765
				5,078,085
Consumer discretionary - 2.7%
Cedar Fair LP
5.250%, 07/15/2029		659,000		624,686
5.375%, 04/15/2027		676,000		665,898
5.500%, 05/01/2025 (C)		410,000		408,301
6.500%, 10/01/2028		560,000		561,908
Clarios Global LP
6.250%, 05/15/2026 (C)		222,000		221,887
6.750%, 05/15/2025 (C)		147,000		147,131
8.500%, 05/15/2027 (C)		650,000		650,983
Hilton Domestic Operating Company, Inc.
3.625%, 02/15/2032 (C)		657,000		565,678
3.750%, 05/01/2029 (C)		553,000		507,313
4.000%, 05/01/2031 (C)		743,000		664,068

Capital Appreciation Value Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Consumer discretionary (continued)
Hilton Domestic Operating Company, Inc. (continued)
4.875%, 01/15/2030	$	425,000	$	407,490
5.375%, 05/01/2025 (C)		126,000		125,608
5.750%, 05/01/2028 (C)		500,000		499,257
5.875%, 04/01/2029 (C)		312,000		312,518
Hilton Worldwide Finance LLC 4.875%, 04/01/2027		77,000		75,701
KFC Holding Company/Pizza Hut Holdings LLC/Taco Bell of America LLC 4.750%, 06/01/2027 (C)		1,270,000		1,234,882
Life Time, Inc. 5.750%, 01/15/2026 (C)		365,000		362,039
Marriott International, Inc. 3.125%, 06/15/2026		34,000		32,499
Service Corp. International
3.375%, 08/15/2030		100,000		86,605
4.625%, 12/15/2027		44,000		42,524
Six Flags Entertainment Corp. 5.500%, 04/15/2027 (C)		1,061,000		1,036,402
Six Flags Theme Parks, Inc. 7.000%, 07/01/2025 (C)		249,000		249,359
Vail Resorts, Inc. 6.250%, 05/15/2025 (C)		50,000		50,013
Yum! Brands, Inc.
3.625%, 03/15/2031		331,000		292,911
4.625%, 01/31/2032		875,000		807,466
4.750%, 01/15/2030 (C)		402,000		381,283
5.350%, 11/01/2043		579,000		554,565
5.375%, 04/01/2032		1,046,000		1,012,168
6.875%, 11/15/2037		414,000		455,537
				13,036,680
Energy - 0.1%
Pioneer Natural Resources Company
1.125%, 01/15/2026		39,000		36,295
2.150%, 01/15/2031		98,000		82,451
5.100%, 03/29/2026		81,000		80,898
				199,644
Financials - 3.5%
Alliant Holdings Intermediate LLC
4.250%, 10/15/2027 (C)		75,000		70,609
5.875%, 11/01/2029 (C)		75,000		69,674
6.750%, 10/15/2027 to 04/15/2028 (C)		2,144,000		2,144,220
7.000%, 01/15/2031 (C)		1,355,000		1,368,576
AmWINS Group, Inc. 4.875%, 06/30/2029 (C)		135,000		126,007
AssuredPartners, Inc. 7.500%, 02/15/2032 (C)		133,000		130,693
BroadStreet Partners, Inc. 5.875%, 04/15/2029 (C)		487,000		450,750
HUB International, Ltd.
5.625%, 12/01/2029 (C)		165,000		154,708
7.250%, 06/15/2030 (C)		5,171,000		5,314,221
7.375%, 01/31/2032 (C)		2,667,000		2,684,960
Intercontinental Exchange, Inc. 4.000%, 09/15/2027		59,000		57,164
MSCI, Inc.
3.250%, 08/15/2033 (C)		270,000		222,435
3.625%, 09/01/2030 to 11/01/2031 (C)		1,081,000		950,134
3.875%, 02/15/2031 (C)		657,000		585,970
4.000%, 11/15/2029 (C)		625,000		577,948
Panther Escrow Issuer LLC 7.125%, 06/01/2031 (C)		519,000		527,672

 

25

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Capital Appreciation Value Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Financials (continued)
Ryan Specialty LLC 4.375%, 02/01/2030 (C)	$	135,000	$	126,175
USI, Inc. 7.500%, 01/15/2032 (C)		1,079,000		1,080,988
				16,642,904
Health care - 1.4%
Avantor Funding, Inc.
3.875%, 11/01/2029 (C)		700,000		631,008
4.625%, 07/15/2028 (C)		1,250,000		1,184,518
Becton, Dickinson and Company 3.700%, 06/06/2027		168,000		161,404
Biogen, Inc. 3.150%, 05/01/2050		541,000		361,809
Charles River Laboratories International, Inc.
3.750%, 03/15/2029 (C)		413,000		376,922
4.000%, 03/15/2031 (C)		342,000		305,593
4.250%, 05/01/2028 (C)		220,000		207,490
GE HealthCare Technologies, Inc. 5.650%, 11/15/2027		122,000		124,231
Heartland Dental LLC
8.500%, 05/01/2026 (C)		613,000		604,892
10.500%, 04/30/2028 (C)		431,000		457,938
Hologic, Inc. 3.250%, 02/15/2029 (C)		93,000		83,346
IQVIA, Inc.
5.000%, 05/15/2027 (C)		200,000		195,285
5.700%, 05/15/2028		577,000		585,002
6.500%, 05/15/2030 (C)		200,000		204,103
Medline Borrower LP 6.250%, 04/01/2029 (C)		156,000		156,699
PRA Health Sciences, Inc. 2.875%, 07/15/2026 (C)		200,000		186,460
Surgery Center Holdings, Inc. 7.250%, 04/15/2032 (C)		182,000		183,413
Surgery Center Holdings, Inc. 10.000%, 04/15/2027 (C)		241,000		241,444
Teleflex, Inc.
4.250%, 06/01/2028 (C)		50,000		46,918
4.625%, 11/15/2027		331,000		318,353
				6,616,828
Industrials - 1.5%
Booz Allen Hamilton, Inc.
3.875%, 09/01/2028 (C)		386,000		361,583
4.000%, 07/01/2029 (C)		188,000		174,760
5.950%, 08/04/2033		138,000		142,762
Delta Air Lines, Inc. 4.750%, 10/20/2028 (C)		607,847		594,509
GFL Environmental, Inc.
4.000%, 08/01/2028 (C)		229,000		211,064
4.375%, 08/15/2029 (C)		43,000		39,615
4.750%, 06/15/2029 (C)		490,000		460,816
6.750%, 01/15/2031 (C)		136,000		139,375
Howmet Aerospace, Inc.
3.000%, 01/15/2029		271,000		244,720
5.900%, 02/01/2027		157,000		159,267
Korn Ferry 4.625%, 12/15/2027 (C)		250,000		238,076
Mileage Plus Holdings LLC 6.500%, 06/20/2027 (C)		523,374		526,261
Sensata Technologies BV
4.000%, 04/15/2029 (C)		200,000		182,617
5.000%, 10/01/2025 (C)		325,000		321,016
5.875%, 09/01/2030 (C)		200,000		195,670

Capital Appreciation Value Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Industrials (continued)
Sensata Technologies, Inc.
3.750%, 02/15/2031 (C)	$	100,000	$	86,500
4.375%, 02/15/2030 (C)		50,000		45,507
TransDigm, Inc.
5.500%, 11/15/2027		504,000		493,291
6.375%, 03/01/2029 (C)		1,235,000		1,238,845
6.625%, 03/01/2032 (C)		973,000		983,013
7.125%, 12/01/2031 (C)		265,000		273,098
United Airlines 2012-1 Class A Pass Through Trust 4.150%, 10/11/2025		120,801		120,701
US Airways 2012-2 Class A Pass Through Trust 4.625%, 06/03/2025		9,658		9,498
US Airways 2013-1 Class A Pass Through Trust 3.950%, 05/15/2027		94,798		92,523
				7,335,087
Information technology - 0.2%
Black Knight InfoServ LLC 3.625%, 09/01/2028 (C)		50,000		47,250
Clarivate Science Holdings Corp.
3.875%, 07/01/2028 (C)		102,000		94,370
4.875%, 07/01/2029 (C)		80,000		74,010
Crowdstrike Holdings, Inc. 3.000%, 02/15/2029		24,000		21,285
Gartner, Inc.
3.625%, 06/15/2029 (C)		227,000		205,522
3.750%, 10/01/2030 (C)		50,000		44,757
4.500%, 07/01/2028 (C)		185,000		176,232
PTC, Inc. 4.000%, 02/15/2028 (C)		168,000		157,008
UKG, Inc. 6.875%, 02/01/2031 (C)		263,000		267,925
				1,088,359
Materials - 0.1%
Ball Corp. 6.000%, 06/15/2029		495,000		499,703
Real estate - 0.4%
American Tower Corp. 1.500%, 01/31/2028		48,000		41,901
SBA Communications Corp.
3.125%, 02/01/2029		657,000		579,806
3.875%, 02/15/2027		720,000		684,784
VICI Properties LP
3.750%, 02/15/2027 (C)		100,000		94,775
4.125%, 08/15/2030 (C)		120,000		109,117
5.750%, 02/01/2027 (C)		117,000		116,852
5.750%, 04/01/2034		287,000		284,298
				1,911,533
TOTAL CORPORATE BONDS (Cost $52,289,766)			$	52,408,823
TERM LOANS (D) – 10.4%
Communication services – 0.1%
Charter Communications Operating LLC, 2019 Term Loan B2 (1 month CME Term SOFR + 1.750%) 7.076%, 02/01/2027		406,171		406,069
Consumer discretionary – 0.8%
Hilton Domestic Operating Company, Inc., 2023 Term Loan B3 (1 month CME Term SOFR + 1.750%) 7.179%, 06/21/2028		1,209,400		1,211,190

 

26

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Capital Appreciation Value Trust (continued)

		Shares or Principal Amount	Value
TERM LOANS (D)(continued)
Consumer discretionary (continued)
IRB Holding Corp., 2024 Term Loan B (1 month CME Term SOFR + 2.750%) 8.176%, 12/15/2027	$	1,962,240		1,961,809
New Red Finance, Inc., 2023 Term Loan B5 (1 month CME Term SOFR + 2.250%) 7.580%, 09/20/2030		681,783		681,101
				3,854,100
Financials – 3.8%
Alliant Holdings Intermediate LLC, 2023 Term Loan B6 (1 month CME Term SOFR + 3.500%) 8.827%, 11/06/2030		2,322,559		2,331,268
AmWINS Group, Inc., Term Loan B TBD 02/19/2028 (E)		52,000		51,991
AssuredPartners, Inc., 2020 Term Loan B (1 month CME Term SOFR + 3.500%) 8.941%, 02/12/2027		104,672		104,738
AssuredPartners, Inc., 2021 Term Loan B (1 month CME Term SOFR + 3.500%) 8.941%, 02/12/2027		37,716		37,744
AssuredPartners, Inc., 2022 Term Loan (1 month CME Term SOFR + 3.500%) 8.826%, 02/12/2027		540,034		540,375
AssuredPartners, Inc., 2023 Term Loan B4 (1 month CME Term SOFR + 3.750%) 9.080%, 02/12/2027		822,893		823,238
AssuredPartners, Inc., 2024 Incremental Term Loan B5 (1 month CME Term SOFR + 3.500%) 8.818%, 02/14/2031		530,131		530,629
BroadStreet Partners, Inc., 2020 Term Loan B (1 month CME Term SOFR + 3.000%) 8.445%, 01/27/2027		518,341		519,517
BroadStreet Partners, Inc., 2023 Term Loan B3 (1 month CME Term SOFR + 3.750%) 9.080%, 01/27/2029		923,624		925,472
HUB International, Ltd., 2024 Term Loan B (3 month CME Term SOFR + 3.250%) 8.574%, 06/20/2030		6,255,460		6,256,586
Ryan Specialty LLC, Term Loan (1 month CME Term SOFR + 2.750%) 8.080%, 09/01/2027		541,650		541,920
Truist Insurance Holdings LLC, 2nd Lien Term Loan TBD 03/08/2032 (E)		1,319,236		1,325,832
Truist Insurance Holdings LLC, Term Loan B TBD 03/24/2031 (E)		526,310		525,431
USI, Inc., 2023 Acquisition Term Loan (3 month CME Term SOFR + 3.250%) 8.598%, 09/27/2030		2,320,035		2,320,754
USI, Inc., 2023 Term Loan B (3 month CME Term SOFR + 3.000%) 8.348%, 11/22/2029		1,488,475		1,488,266
				18,323,761
Health care – 1.3%
ADMI Corp., 2021 Incremental Term Loan B3 (1 month CME Term SOFR + 3.750%) 9.195%, 12/23/2027		931,118		898,138
ADMI Corp., 2021 Term Loan B2 (1 month CME Term SOFR + 3.375%) 8.820%, 12/23/2027		443,593		426,958
ADMI Corp., 2023 Term Loan B5 (1 month CME Term SOFR + 5.750%) 11.080%, 12/23/2027		39,094		39,094
athenahealth, Inc., 2022 Term Loan B (1 month CME Term SOFR + 3.250%) 8.580%, 02/15/2029		1,846,505		1,826,599

Capital Appreciation Value Trust (continued)

		Shares or Principal Amount	Value
TERM LOANS (D)(continued)
Health care (continued)
Avantor Funding, Inc., 2021 Term Loan B5 (1 month CME Term SOFR + 2.250%) 7.680%, 11/08/2027	$	57,719		57,745
Heartland Dental LLC, 2023 Term Loan B (1 month CME Term SOFR + 5.000%) 10.329%, 04/28/2028		1,144,444		1,145,452
Loire Finco Luxembourg Sarl, 2021 USD Term Loan B2 (1 month CME Term SOFR + 3.750%) 9.079%, 04/21/2027		150,967		147,193
Loire Finco Luxembourg Sarl, USD Term Loan B (1 month CME Term SOFR + 3.500%) 8.829%, 04/21/2027		1,428,168		1,392,464
Medline Borrower LP, 2024 Term Loan B TBD 10/23/2028 (E)		104,011		104,227
				6,037,870
Industrials – 1.6%
Filtration Group Corp., 2021 Incremental Term Loan (1 month CME Term SOFR + 3.500%) 8.941%, 10/21/2028		836,134		837,388
Filtration Group Corp., 2023 EUR Term Loan (1 month EURIBOR + 4.250%) 8.080%, 10/21/2028	EUR	679,486		731,707
Filtration Group Corp., 2023 USD Term Loan (1 month CME Term SOFR + 4.250%) 9.695%, 10/21/2028	$	1,276,379		1,279,570
Mileage Plus Holdings LLC, 2020 Term Loan B (3 month CME Term SOFR + 5.250%) 10.733%, 06/21/2027		1,995,715		2,052,633
SkyMiles IP, Ltd., 2020 Skymiles Term Loan B (3 month CME Term SOFR + 3.750%) 9.068%, 10/20/2027		1,359,155		1,400,501
Trans Union LLC, 2019 Term Loan B5 (1 month CME Term SOFR + 1.750%) 7.176%, 11/16/2026		885,198		884,295
Trans Union LLC, 2024 Term Loan B6 TBD 12/01/2028 (E)		53,987		53,933
TransDigm, Inc., 2022 Term Loan H TBD 02/22/2027 (E)		127,100		127,305
TransDigm, Inc., 2024 Term Loan I TBD 08/24/2028 (E)		69,000		69,216
TransDigm, Inc., 2024 Term Loan K TBD 02/22/2030 (E)		127,100		127,312
				7,563,860
Information technology – 2.7%
Applied Systems, Inc., 2024 1st Lien Term Loan (3 month CME Term SOFR + 3.500%) 8.809%, 02/24/2031		3,827,686		3,848,891
Applied Systems, Inc., 2024 2nd Lien Term Loan (3 month CME Term SOFR + 5.250%) 10.559%, 02/23/2032		556,009		574,774
Azalea TopCo, Inc., 2021 Term Loan B (1 month CME Term SOFR + 3.750%) 9.191%, 07/24/2026		492,733		488,732
Azalea TopCo, Inc., 2022 Incremental Term Loan (1 month CME Term SOFR + 3.750%) 9.176%, 07/24/2026		135,585		134,738
Azalea TopCo, Inc., Term Loan (1 month CME Term SOFR + 3.500%) 8.941%, 07/24/2026		1,447,846		1,438,493
Ellucian Holdings, Inc., 2024 Term Loan B (1 month CME Term SOFR + 3.500%) 8.926%, 10/09/2029		1,112,082		1,116,252

 

27

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Capital Appreciation Value Trust (continued)

		Shares or Principal Amount	Value
TERM LOANS (D)(continued)
Information technology (continued)
Epicor Software Corp., 2020 Term Loan (1 month CME Term SOFR + 3.250%) 8.691%, 07/30/2027	$	312,397		313,294
Epicor Software Corp., 2023 Incremental Term Loan (1 month CME Term SOFR + 3.750%) 9.076%, 07/30/2027		55,837		56,077
Quartz Acquireco LLC, Term Loan B (3 month CME Term SOFR + 3.500%) 8.829%, 06/28/2030		109,152		109,288
RealPage, Inc., 1st Lien Term Loan (1 month CME Term SOFR + 3.000%) 8.445%, 04/24/2028		575,077		559,102
RealPage, Inc., 2nd Lien Term Loan (1 month CME Term SOFR + 6.500%) 11.945%, 04/23/2029		75,000		74,188
Severin Acquisition LLC, 2018 Term Loan B (3 month CME Term SOFR + 3.250%) 8.563%, 08/01/2027		141,369		141,516
Storable, Inc., Term Loan B (1 and 3 month CME Term SOFR + 3.500%) 8.823%, 04/17/2028		847,334		847,690
UKG, Inc., 2024 Term Loan B (3 month CME Term SOFR + 3.500%) 8.814%, 02/10/2031		2,987,245		3,001,435
				12,704,470
Real estate – 0.1%
SBA Senior Finance II LLC, 2024 Term Loan B (1 month CME Term SOFR + 2.000%) 7.340%, 01/25/2031		726,538		727,671
TOTAL TERM LOANS (Cost $49,531,103)			$	49,617,801
ASSET BACKED SECURITIES - 0.1%
Domino's Pizza Master Issuer LLC Series 2017-1A, Class A23 4.118%, 07/25/2047 (C)		326,180	$	312,213
Domino's Pizza Master Issuer LLC Series 2019-1A, Class A2 3.668%, 10/25/2049 (C)		206,400		189,828
TOTAL ASSET BACKED SECURITIES (Cost $529,742)			$	502,041

Capital Appreciation Value Trust (continued)

		Shares or Principal Amount	Value
SHORT-TERM INVESTMENTS – 5.2%
Short-term funds – 4.7%
T. Rowe Price Government Reserve Fund, 5.3578% (F)		22,601,778	$	22,601,778
Repurchase agreement – 0.5%
Repurchase Agreement with State Street Corp. dated 3-28-24 at 1.600% to be repurchased at $2,160,384 on 4-1-24, collateralized by $2,229,900 U.S. Treasury Bonds, 4.250% due 2-15-54 (valued at $2,203,206)	$	2,160,000		2,160,000
TOTAL SHORT-TERM INVESTMENTS (Cost $24,761,778)			$	24,761,778
Total Investments (Capital Appreciation Value Trust) (Cost $419,884,878) – 100.3%			$	478,034,543
Other assets and liabilities, net – (0.3%)				(1,537,628)
TOTAL NET ASSETS – 100.0%			$	476,496,915

Currency Abbreviations
EUR	Euro

Security Abbreviations and Legend
ADR	American Depositary Receipt
CME	CME Group Published Rates
EURIBOR	Euro Interbank Offered Rate
SOFR	Secured Overnight Financing Rate
(A)	All or a portion of this security is segregated at the custodian as collateral for certain derivatives.
(B)	Non-income producing security.
(C)	These securities are exempt from registration under Rule 144A of the Securities Act of 1933. Such securities may be resold, normally to qualified institutional buyers, in transactions exempt from registration.
(D)	Term loans are variable rate obligations. The rate shown represents the rate at period end.
(E)	This position represents an unsettled loan commitment at period end. Certain details associated with this purchase are not known prior to the settlement date, including coupon rate, which is disclosed as TBD (To Be Determined).
(F)	The rate shown is the annualized seven-day yield as of 3-31-24.

 

DERIVATIVES

WRITTEN OPTIONS

Options on securities
Counterparty (OTC)/ Exchange- traded	Name of issuer	Currency	Exercise price	Expiration date	Number of contracts	Notional amount	Premium	Value
Calls
CITI	AbbVie, Inc.	USD	160.00	Jan 2025	37	3,700	$44,659	$(108,978)
CITI	AbbVie, Inc.	USD	165.00	Jan 2025	37	3,700	37,259	(95,202)
JPM	AbbVie, Inc.	USD	165.00	Jan 2025	24	2,400	17,214	(61,752)
JPM	AbbVie, Inc.	USD	170.00	Jan 2025	24	2,400	13,150	(53,381)
CITI	AbbVie, Inc.	USD	175.00	Jan 2025	46	4,600	30,912	(87,485)
JPM	Arthur J. Gallagher & Company	USD	250.00	Nov 2024	13	1,300	11,726	(25,008)
JPM	Arthur J. Gallagher & Company	USD	250.00	Nov 2024	13	1,300	13,351	(25,008)
UBS	Danaher Corp.	USD	300.00	Jan 2025	18	1,800	19,086	(13,574)
JPM	Exelon Corp.	USD	47.00	Jun 2024	5	500	670	(2)
CITI	Intercontinental Exchange, Inc.	USD	125.00	Jan 2025	21	2,100	13,040	(43,079)
CITI	Intercontinental Exchange, Inc.	USD	125.00	Jan 2025	16	1,600	11,918	(32,822)
CITI	Intercontinental Exchange, Inc.	USD	130.00	Jan 2025	21	2,100	9,264	(35,544)
CITI	Intercontinental Exchange, Inc.	USD	130.00	Jan 2025	16	1,600	8,573	(27,081)
BOA	Intercontinental Exchange, Inc.	USD	140.00	Jan 2025	13	1,300	7,540	(14,062)
BOA	Intercontinental Exchange, Inc.	USD	140.00	Jan 2025	14	1,400	7,868	(15,144)

28

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Capital Appreciation Value Trust (continued)

Options on securities (continued)
Counterparty (OTC)/ Exchange- traded	Name of issuer	Currency	Exercise price	Expiration date	Number of contracts	Notional amount	Premium	Value
Calls (continued)
BOA	Intercontinental Exchange, Inc.	USD	145.00	Jan 2025	14	1,400	$5,726	$(11,711)
BOA	Intercontinental Exchange, Inc.	USD	145.00	Jan 2025	14	1,400	5,530	(11,711)
WFB	Linde PLC	USD	440.00	Jan 2025	4	400	7,360	(22,214)
WFB	Linde PLC	USD	440.00	Jan 2025	4	400	7,391	(22,214)
WFB	Linde PLC	USD	450.00	Jan 2025	4	400	5,929	(19,523)
WFB	Linde PLC	USD	450.00	Jan 2025	4	400	5,956	(19,523)
WFB	Linde PLC	USD	460.00	Jan 2025	5	500	10,307	(21,260)
WFB	Linde PLC	USD	460.00	Jan 2025	6	600	15,653	(25,512)
WFB	Linde PLC	USD	480.00	Jan 2025	5	500	7,126	(15,692)
WFB	Linde PLC	USD	480.00	Jan 2025	6	600	10,975	(18,831)
GSI	Marsh & McLennan Companies, Inc.	USD	210.00	Jul 2024	12	1,200	9,507	(8,045)
GSI	Marsh & McLennan Companies, Inc.	USD	220.00	Jul 2024	12	1,200	4,847	(3,449)
GSI	Marsh & McLennan Companies, Inc.	USD	210.00	Dec 2024	24	2,400	19,272	(31,361)
GSI	Marsh & McLennan Companies, Inc.	USD	210.00	Dec 2024	24	2,400	20,808	(31,361)
JPM	Mastercard, Inc., Class A	USD	480.00	Jan 2025	7	700	16,849	(31,967)
JPM	Mastercard, Inc., Class A	USD	490.00	Jan 2025	7	700	14,189	(28,006)
JPM	Mastercard, Inc., Class A	USD	500.00	Jan 2025	7	700	11,774	(24,373)
UBS	McDonald's Corp.	USD	320.00	Jan 2025	9	900	12,528	(4,952)
UBS	McDonald's Corp.	USD	320.00	Jan 2025	9	900	10,638	(4,952)
UBS	McDonald's Corp.	USD	325.00	Jan 2025	9	900	10,638	(4,013)
UBS	McDonald's Corp.	USD	325.00	Jan 2025	9	900	8,973	(4,013)
UBS	McDonald's Corp.	USD	330.00	Jan 2025	9	900	8,973	(3,230)
UBS	McDonald's Corp.	USD	330.00	Jan 2025	9	900	7,623	(3,230)
BARC	Northrop Grumman Corp.	USD	490.00	Jan 2025	21	2,100	48,489	(75,362)
WFB	NXP Semiconductors NV	USD	220.00	Jun 2024	4	400	7,461	(13,910)
WFB	Republic Services, Inc.	USD	170.00	Jul 2024	5	500	2,500	(12,108)
WFB	Republic Services, Inc.	USD	175.00	Jul 2024	5	500	1,603	(9,881)
CITI	Roper Technologies, Inc.	USD	580.00	Dec 2024	3	300	7,190	(9,871)
CITI	Roper Technologies, Inc.	USD	580.00	Dec 2024	2	200	4,987	(6,581)
CITI	Roper Technologies, Inc.	USD	580.00	Dec 2024	5	500	14,340	(16,452)
CITI	Roper Technologies, Inc.	USD	600.00	Dec 2024	3	300	5,190	(7,291)
CITI	Roper Technologies, Inc.	USD	600.00	Dec 2024	2	200	3,618	(4,861)
CITI	Roper Technologies, Inc.	USD	600.00	Dec 2024	5	500	10,047	(12,152)
CITI	Roper Technologies, Inc.	USD	600.00	Dec 2024	2	200	4,560	(4,861)
CITI	Roper Technologies, Inc.	USD	600.00	Dec 2024	3	300	7,014	(7,291)
CITI	Roper Technologies, Inc.	USD	620.00	Dec 2024	2	200	2,548	(3,555)
CITI	Roper Technologies, Inc.	USD	620.00	Dec 2024	3	300	3,963	(5,332)
CITI	Roper Technologies, Inc.	USD	640.00	Dec 2024	2	200	1,603	(2,603)
CITI	Roper Technologies, Inc.	USD	640.00	Dec 2024	3	300	2,517	(3,904)
GSI	Salesforce, Inc.	USD	230.00	Jun 2024	2	200	4,800	(14,953)
GSI	Salesforce, Inc.	USD	240.00	Jun 2024	2	200	3,991	(13,071)
JPM	Thermo Fisher Scientific, Inc.	USD	650.00	Jan 2025	8	800	28,917	(22,981)
CITI	UnitedHealth Group, Inc.	USD	580.00	Jan 2025	18	1,800	76,672	(24,399)
JPM	UnitedHealth Group, Inc.	USD	600.00	Jan 2025	20	2,000	63,697	(19,431)
GSI	Visa, Inc., Class A	USD	250.00	Jun 2024	1	100	1,447	(3,351)
GSI	Visa, Inc., Class A	USD	260.00	Jun 2024	1	100	1,067	(2,484)
GSI	Visa, Inc., Class A	USD	305.00	Jan 2025	12	1,200	13,344	(14,954)
GSI	Visa, Inc., Class A	USD	310.00	Jan 2025	11	1,100	10,582	(11,764)
GSI	Visa, Inc., Class A	USD	315.00	Jan 2025	11	1,100	9,042	(10,042)
WFB	Yum! Brands, Inc.	USD	140.00	Jan 2025	7	700	4,148	(7,171)
WFB	Yum! Brands, Inc.	USD	140.00	Jan 2025	3	300	1,711	(3,073)
WFB	Yum! Brands, Inc.	USD	140.00	Jan 2025	4	400	2,141	(4,098)
WFB	Yum! Brands, Inc.	USD	140.00	Jan 2025	9	900	5,441	(9,219)
JPM	Yum! Brands, Inc.	USD	145.00	Jan 2025	26	2,600	15,440	(19,926)
WFB	Yum! Brands, Inc.	USD	145.00	Jan 2025	21	2,100	9,439	(16,094)
WFB	Yum! Brands, Inc.	USD	145.00	Jan 2025	15	1,500	7,838	(11,496)
WFB	Yum! Brands, Inc.	USD	145.00	Jan 2025	6	600	3,252	(4,598)
WFB	Yum! Brands, Inc.	USD	145.00	Jan 2025	7	700	2,704	(5,365)
WFB	Yum! Brands, Inc.	USD	145.00	Jan 2025	3	300	1,105	(2,299)
WFB	Yum! Brands, Inc.	USD	145.00	Jan 2025	4	400	1,361	(3,066)
WFB	Yum! Brands, Inc.	USD	145.00	Jan 2025	10	1,000	3,959	(7,664)
JPM	Yum! Brands, Inc.	USD	150.00	Jan 2025	26	2,600	10,490	(14,395)
WFB	Yum! Brands, Inc.	USD	150.00	Jan 2025	21	2,100	6,594	(11,627)
WFB	Yum! Brands, Inc.	USD	150.00	Jan 2025	15	1,500	5,502	(8,305)

29

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Capital Appreciation Value Trust (continued)

Options on securities (continued)
Counterparty (OTC)/ Exchange- traded	Name of issuer	Currency	Exercise price	Expiration date	Number of contracts	Notional amount	Premium	Value
Calls (continued)
WFB	Yum! Brands, Inc.	USD	150.00	Jan 2025	6	600	$2,292	$(3,322)
WFB	Yum! Brands, Inc.	USD	150.00	Jan 2025	7	700	1,652	(3,876)
WFB	Yum! Brands, Inc.	USD	150.00	Jan 2025	3	300	668	(1,661)
WFB	Yum! Brands, Inc.	USD	150.00	Jan 2025	4	400	806	(2,215)
WFB	Yum! Brands, Inc.	USD	150.00	Jan 2025	10	1,000	2,432	(5,536)
							$914,966	$(1,487,716)

Derivatives Currency Abbreviations
USD	U.S. Dollar

Derivatives Abbreviations
BARC	Barclays Bank PLC
BOA	Bank of America, N.A.
CITI	Citibank, N.A.
GSI	Goldman Sachs International
JPM	JPMorgan Chase Bank, N.A.
OTC	Over-the-counter
UBS	UBS AG
WFB	Wells Fargo Bank, N.A.

Core Bond Trust

		Shares or Principal Amount	Value
U.S. GOVERNMENT AND AGENCY OBLIGATIONS – 52.6%
U.S. Government – 25.5%
U.S. Treasury Bonds
1.125%, 05/15/2040 to 08/15/2040	$	25,310,000	$	15,672,583
1.375%, 11/15/2040		17,518,000		11,264,895
1.750%, 08/15/2041		20,484,000		13,823,499
1.875%, 02/15/2041		1,801,000		1,255,564
2.000%, 11/15/2041		9,199,000		6,453,673
2.375%, 02/15/2042 to 05/15/2051		10,485,000		7,199,724
2.875%, 05/15/2052		2,062,000		1,560,193
3.125%, 11/15/2041		2,654,000		2,229,671
3.625%, 02/15/2053		815,000		715,672
3.875%, 05/15/2043		4,557,000		4,205,791
4.125%, 08/15/2053		2,385,000		2,292,209
4.250%, 02/15/2054		12,475,000		12,268,383
4.375%, 08/15/2043		616,000		608,685
4.500%, 02/15/2044		380,000		382,078
4.750%, 11/15/2043 to 11/15/2053		2,827,000		2,959,711
U.S. Treasury Notes
0.375%, 01/31/2026 to 07/31/2027		5,875,000		5,153,722
0.500%, 08/31/2027		3,578,000		3,143,049
0.625%, 07/31/2026 to 11/30/2027		1,920,000		1,683,859
0.750%, 04/30/2026 to 01/31/2028		4,996,000		4,532,891
1.000%, 07/31/2028		12,756,000		11,114,660
1.125%, 10/31/2026 to 08/31/2028		13,042,000		11,779,012
1.250%, 04/30/2028 to 09/30/2028		11,165,000		9,886,064
1.500%, 08/15/2026		2,988,000		2,784,676
1.875%, 02/28/2027		3,351,000		3,118,001
2.000%, 11/15/2026		2,538,000		2,382,548
2.250%, 11/15/2025		4,378,000		4,205,445
2.375%, 03/31/2029		5,921,000		5,426,504
2.625%, 07/31/2029		642,000		593,173
2.750%, 07/31/2027		2,246,000		2,132,998
2.875%, 08/15/2028		3,050,000		2,880,105
3.250%, 06/30/2029		8,205,000		7,824,878
3.625%, 03/31/2030		1,602,000		1,550,686

Core Bond Trust (continued)

		Shares or Principal Amount	Value
U.S. GOVERNMENT AND AGENCY OBLIGATIONS (continued)
U.S. Government (continued)
U.S. Treasury Notes (continued)
3.875%, 12/31/2029	$	2,539,000	$	2,492,881
4.000%, 01/15/2027 to 02/15/2034		8,870,000		8,750,131
4.125%, 01/31/2025 to 03/31/2029		11,857,000		11,792,174
4.250%, 03/15/2027 to 02/28/2031		11,653,000		11,628,850
4.375%, 10/31/2024		241,000		239,770
4.500%, 11/30/2024		42,000		41,798
4.500%, 03/31/2026 (A)		4,040,000		4,029,900
4.625%, 02/28/2026		1,024,000		1,023,160
				203,083,266
U.S. Government Agency – 27.1%
Federal Home Loan Bank 1.250%, (1.250% to 9-30-24, 1.500% to 9-30-25, 1.750% to 9-30-26, 2.000% to 9-30-27, 2.250% to 9-30-28, 2.500% to 9-30-29, 3.000% to 3-30-30, 3.500% to 9-30-30, 4.000% to 3-30-31, then 4.500% thereafter), 09/30/2031		1,450,000		1,225,992
Federal Home Loan Mortgage Corp.
2.000%, 07/01/2032 to 12/01/2051		12,486,215		10,510,956
2.500%, 04/01/2042 to 03/01/2052		5,987,245		5,136,490
3.000%, 09/01/2033 to 04/01/2047		11,617,464		10,376,454
3.127%, (1 Year Refinitiv USD IBOR Consumer Cash Fallback Rate + 1.640%), 11/01/2048 (B)		409,588		402,656
3.297%, (1 Year Refinitiv USD IBOR Consumer Cash Fallback Rate + 1.633%), 02/01/2050 (B)		537,847		533,938
3.912%, (30 day Average SOFR + 2.130%), 07/01/2052 (B)		379,162		363,975
3.966%, (30 day Average SOFR + 2.140%), 08/01/2052 (B)		495,430		467,946
4.000%, 07/01/2049 to 03/01/2050		2,986,692		2,833,286

 

30

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Core Bond Trust (continued)

		Shares or Principal Amount	Value
U.S. GOVERNMENT AND AGENCY OBLIGATIONS (continued)
U.S. Government Agency (continued)
Federal Home Loan Mortgage Corp. (continued)
4.107%, (30 day Average SOFR + 2.380%), 09/01/2052 (B)	$	250,954	$	242,262
4.192%, (30 day Average SOFR + 2.305%), 05/01/2053 (B)		1,432,010		1,390,961
4.299%, (30 day Average SOFR + 2.130%), 07/01/2052 (B)		448,900		436,354
4.466%, 12/14/2029 (C)		1,179,000		915,537
4.500%, 06/01/2039 to 07/01/2039		76,972		74,112
5.128%, (30 day Average SOFR + 2.214%), 08/01/2053 (B)		300,821		298,392
5.180%, (30 day Average SOFR + 2.300%), 06/01/2053 (B)		268,944		267,232
5.450%, (1 Year Refinitiv USD IBOR Consumer Cash Fallback Rate + 1.638%), 03/01/2049 (B)		307,884		312,533
5.919%, (1 Year Refinitiv USD IBOR Consumer Cash Fallback Rate + 1.732%), 01/01/2044 (B)		122,072		124,226
5.999%, (1 Year Refinitiv USD IBOR Consumer Cash Fallback Rate + 1.637%), 04/01/2048 (B)		740,231		752,490
6.718%, (1 Year Refinitiv USD IBOR Consumer Cash Fallback Rate + 1.679%), 09/01/2047 (B)		335,732		341,837
6.809%, (1 Year Refinitiv USD IBOR Consumer Cash Fallback Rate + 1.642%), 08/01/2043 (B)		57,955		58,594
6.858%, (1 Year Refinitiv USD IBOR Consumer Cash Fallback Rate + 1.637%), 09/01/2045 (B)		510,304		518,431
6.881%, (1 Year Refinitiv USD IBOR Consumer Cash Fallback Rate + 1.635%), 07/01/2043 (B)		33,953		34,609
7.030%, (1 Year Refinitiv USD IBOR Consumer Cash Fallback Rate + 1.646%), 10/01/2043 (B)		57,984		58,986
7.045%, (1 Year Refinitiv USD IBOR Consumer Cash Fallback Rate + 1.650%), 03/01/2043 (B)		50,907		51,598
7.100%, (1 Year Refinitiv USD IBOR Consumer Cash Fallback Rate + 1.604%), 09/01/2043 (B)		26,198		26,662
7.188%, (1 Year Refinitiv USD IBOR Consumer Cash Fallback Rate + 1.629%), 11/01/2043 (B)		45,669		46,135
7.451%, (1 Year Refinitiv USD IBOR Consumer Cash Fallback Rate + 1.609%), 10/01/2043 (B)		58,534		59,394
7.463%, (1 Year Refinitiv USD IBOR Consumer Cash Fallback Rate + 1.770%), 09/01/2042 (B)		50,855		52,018
7.512%, (1 Year Refinitiv USD IBOR Consumer Cash Fallback Rate + 1.680%), 02/01/2043 (B)		78,851		80,134
Federal National Mortgage Association
1.500%, 07/01/2051		2,889,243		2,179,559
1.520%, 08/21/2035		1,478,000		1,050,179
1.900%, 01/25/2036		1,322,000		972,050
2.000%, 03/01/2028 to 03/01/2047		44,516,281		37,315,190
2.500%, 12/01/2040 to 03/01/2052		10,031,473		8,684,204

Core Bond Trust (continued)

		Shares or Principal Amount	Value
U.S. GOVERNMENT AND AGENCY OBLIGATIONS (continued)
U.S. Government Agency (continued)
Federal National Mortgage Association (continued)
2.778%, (1 Year Refinitiv USD IBOR Consumer Cash Fallback Rate + 1.606%), 06/01/2050 (B)	$	378,011	$	351,487
3.000%, 11/01/2039 to 07/01/2060		62,050,085		55,029,848
3.000%, 08/01/2042 (A)		359,530		323,786
3.064%, (1 Year Refinitiv USD IBOR Consumer Cash Fallback Rate + 1.603%), 03/01/2050 (B)		864,839		860,784
3.500%, 05/01/2037 to 04/01/2050		12,055,241		11,094,889
3.677%, (30 day Average SOFR + 2.370%), 08/01/2052 (B)		538,591		514,218
3.962%, (30 day Average SOFR + 2.120%), 08/01/2052 (B)		214,143		202,946
4.000%, 01/01/2027 to 05/01/2049		12,049,751		11,560,683
4.122%, (30 day Average SOFR + 2.120%), 09/01/2052 (B)		744,517		725,439
4.140%, (30 day Average SOFR + 2.132%), 10/01/2052 (B)		1,771,698		1,726,355
4.143%, (30 day Average SOFR + 2.120%), 07/01/2052 (B)		748,450		714,361
4.205%, (30 day Average SOFR + 2.128%), 11/01/2052 (B)		621,616		606,455
4.213%, (30 day Average SOFR + 2.370%), 09/01/2052 (B)		244,962		238,047
4.296%, (30 day Average SOFR + 2.126%), 08/01/2052 (B)		980,267		955,999
4.355%, (30 day Average SOFR + 2.125%), 07/01/2052 (B)		912,554		891,661
4.500%, 06/01/2041 to 11/01/2048		2,093,351		2,043,738
4.524%, 11/15/2030 (C)		3,465,000		2,573,457
4.616%, (30 day Average SOFR + 2.125%), 08/01/2052 (B)		1,030,161		1,013,972
4.628%, (30 day Average SOFR + 2.123%), 08/01/2052 (B)		809,239		787,223
4.648%, (30 day Average SOFR + 2.130%), 08/01/2052 (B)		827,523		815,297
5.724%, (1 Year Refinitiv USD IBOR Consumer Cash Fallback Rate + 1.579%), 06/01/2045 (B)		244,150		249,529
5.918%, (1 Year Refinitiv USD IBOR Consumer Cash Fallback Rate + 1.582%), 01/01/2046 (B)		609,723		621,926
6.000%, TBA (A)		6,500,000		6,561,699
6.500%, TBA (A)		2,200,000		2,247,266
6.723%, (1 Year Refinitiv USD IBOR Consumer Cash Fallback Rate + 1.560%), 06/01/2043 (B)		40,315		41,072
7.000%, 01/01/2054		3,191,509		3,313,591
7.200%, (1 Year Refinitiv USD IBOR Consumer Cash Fallback Rate + 1.579%), 10/01/2043 (B)		118,405		120,391
7.333%, (1 Year Refinitiv USD IBOR Consumer Cash Fallback Rate + 1.647%), 01/01/2043 (B)		24,787		25,244
7.500%, 01/01/2054		1,786,021		1,863,583
Government National Mortgage Association
2.500%, 12/20/2037 to 06/20/2038		1,961,149		1,786,968
3.000%, 06/20/2043 to 10/20/2050		7,325,300		6,495,367
3.500%, 01/20/2048		434,408		396,919
4.000%, 03/20/2048 to 04/20/2048		563,598		530,828
4.500%, 08/15/2047 to 02/20/2049		561,276		546,366

 

31

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Core Bond Trust (continued)

		Shares or Principal Amount	Value
U.S. GOVERNMENT AND AGENCY OBLIGATIONS (continued)
U.S. Government Agency (continued)
Government National Mortgage Association (continued)
6.000%, 01/20/2053	$	1,448,047	$	1,486,261
6.500%, TBA (A)		8,300,000		8,436,373
				215,949,400
TOTAL U.S. GOVERNMENT AND AGENCY OBLIGATIONS (Cost $435,956,647)			$	419,032,666
FOREIGN GOVERNMENT OBLIGATIONS – 0.9%
Australia – 0.1%
Export Finance & Insurance Corp. 4.625%, 10/26/2027 (D)		1,045,000		1,047,121
Bermuda – 0.1%
Government of Bermuda 5.000%, 07/15/2032 (D)		311,000		299,182
Israel – 0.3%
State of Israel
3.875%, 07/03/2050		237,000		174,752
4.500%, 01/17/2033		669,000		622,171
5.500%, 03/12/2034		1,074,000		1,059,877
5.750%, 03/12/2054		319,000		305,353
				2,162,153
Mexico – 0.3%
Government of Mexico
2.659%, 05/24/2031		545,000		454,644
3.250%, 04/16/2030		227,000		202,046
3.500%, 02/12/2034		1,375,000		1,143,610
4.600%, 01/23/2046 to 02/10/2048		562,000		450,097
6.400%, 05/07/2054		321,000		319,806
				2,570,203
Panama – 0.1%
Republic of Panama
6.853%, 03/28/2054		397,000		360,030
8.000%, 03/01/2038		219,000		229,427
				589,457
Paraguay – 0.0%
Republic of Paraguay 5.400%, 03/30/2050 (D)		317,000		278,337
TOTAL FOREIGN GOVERNMENT OBLIGATIONS (Cost $7,067,061)			$	6,946,453
CORPORATE BONDS – 24.3%
Communication services – 1.6%
AT&T, Inc.
3.500%, 06/01/2041 to 09/15/2053		715,000		525,469
3.550%, 09/15/2055		434,000		303,464
3.650%, 09/15/2059		275,000		191,458
3.800%, 12/01/2057		790,000		571,977
5.400%, 02/15/2034		1,507,000		1,526,768
Charter Communications Operating LLC
3.500%, 06/01/2041 to 03/01/2042		878,000		586,473
3.900%, 06/01/2052		222,000		141,184
5.250%, 04/01/2053		363,000		287,483
5.500%, 04/01/2063		151,000		118,419
6.150%, 11/10/2026		608,000		612,761
Comcast Corp.
2.987%, 11/01/2063		328,000		201,437
4.049%, 11/01/2052		283,000		227,687
5.350%, 11/15/2027		576,000		586,985
Discovery Communications LLC 4.000%, 09/15/2055		307,000		210,102

Core Bond Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Communication services (continued)
Meta Platforms, Inc.
5.600%, 05/15/2053	$	553,000	$	584,486
5.750%, 05/15/2063		553,000		592,832
Paramount Global 4.950%, 05/19/2050		237,000		168,480
T-Mobile USA, Inc.
1.500%, 02/15/2026		196,000		182,991
2.250%, 02/15/2026		612,000		579,110
2.550%, 02/15/2031		438,000		373,096
3.750%, 04/15/2027		933,000		898,579
5.050%, 07/15/2033		728,000		720,097
5.150%, 04/15/2034		581,000		579,055
5.750%, 01/15/2034		580,000		603,999
Verizon Communications, Inc.
2.355%, 03/15/2032		881,000		724,002
2.650%, 11/20/2040		367,000		258,603
5.500%, 02/23/2054		523,000		528,644
				12,885,641
Consumer discretionary – 1.3%
Ford Motor Credit Company LLC
2.900%, 02/10/2029 (E)		1,468,000		1,294,339
4.000%, 11/13/2030		496,000		442,855
General Motors Financial Company, Inc. 5.750%, 02/08/2031		725,000		732,860
Hyundai Capital America
1.300%, 01/08/2026 (D)		553,000		514,051
5.500%, 03/30/2026 (D)		299,000		299,487
5.600%, 03/30/2028 (D)		912,000		922,358
5.700%, 06/26/2030 (D)		291,000		296,540
5.950%, 09/21/2026 (D)		813,000		822,448
6.500%, 01/16/2029 (D)		262,000		274,868
Lowe's Companies, Inc.
4.250%, 04/01/2052		842,000		689,846
5.625%, 04/15/2053		431,000		435,313
5.750%, 07/01/2053		440,000		454,121
5.850%, 04/01/2063		146,000		150,601
McDonald's Corp.
4.700%, 12/09/2035		494,000		480,462
4.800%, 08/14/2028		581,000		582,678
5.450%, 08/14/2053		273,000		277,027
Starbucks Corp. 4.850%, 02/08/2027		1,450,000		1,447,296
				10,117,150
Consumer staples – 1.7%
Anheuser-Busch Companies LLC 4.700%, 02/01/2036		1,826,000		1,765,412
Anheuser-Busch InBev Worldwide, Inc.
4.375%, 04/15/2038		379,000		352,227
5.800%, 01/23/2059		219,000		235,540
Bunge, Ltd. Finance Corp. 1.630%, 08/17/2025		301,000		285,101
Constellation Brands, Inc.
4.800%, 01/15/2029		350,000		346,930
4.900%, 05/01/2033		291,000		285,467
5.250%, 11/15/2048		609,000		581,554
JBS USA LUX SA 7.250%, 11/15/2053 (D)		1,079,000		1,159,683
Kenvue, Inc. 5.050%, 03/22/2028		583,000		589,264
Keurig Dr. Pepper, Inc.
4.500%, 04/15/2052		551,000		472,284
5.300%, 03/15/2034		726,000		728,502
Nestle Capital Corp.
4.875%, 03/12/2034 (D)		449,000		448,940
5.100%, 03/12/2054 (D)		449,000		447,002

 

32

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Core Bond Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Consumer staples (continued)
PepsiCo, Inc. 3.900%, 07/18/2032	$	721,000	$	683,539
Philip Morris International, Inc.
4.875%, 02/15/2028 to 02/13/2029		1,745,000		1,737,914
5.000%, 11/17/2025		619,000		617,391
5.250%, 09/07/2028		630,000		637,352
5.375%, 02/15/2033		205,000		206,684
5.500%, 09/07/2030		411,000		418,871
5.625%, 09/07/2033		249,000		254,638
5.750%, 11/17/2032		149,000		153,830
Tyson Foods, Inc.
5.400%, 03/15/2029		480,000		484,292
5.700%, 03/15/2034		730,000		739,629
				13,632,046
Energy – 1.5%
Aker BP ASA
5.600%, 06/13/2028 (D)		733,000		742,331
6.000%, 06/13/2033 (D)		971,000		1,002,634
BP Capital Markets America, Inc.
4.699%, 04/10/2029		727,000		725,175
4.812%, 02/13/2033		869,000		857,619
4.989%, 04/10/2034		725,000		724,059
Diamondback Energy, Inc.
4.250%, 03/15/2052		89,000		72,039
6.250%, 03/15/2033 to 03/15/2053		892,000		958,621
Enbridge, Inc.
6.000%, 11/15/2028		438,000		455,403
6.200%, 11/15/2030		438,000		464,030
Energy Transfer LP
5.300%, 04/15/2047		755,000		686,425
5.400%, 10/01/2047		222,000		204,877
5.950%, 05/15/2054		728,000		726,505
Galaxy Pipeline Assets Bidco, Ltd.
2.160%, 03/31/2034 (D)		623,489		535,989
2.625%, 03/31/2036 (D)		459,000		373,197
2.940%, 09/30/2040 (D)		252,876		202,626
MPLX LP
4.950%, 03/14/2052		541,000		475,195
5.000%, 03/01/2033		878,000		852,319
5.650%, 03/01/2053		157,000		153,566
ONEOK, Inc. 6.625%, 09/01/2053		755,000		832,087
Petroleos Mexicanos
2.378%, 04/15/2025		206,250		202,720
2.460%, 12/15/2025		648,200		614,772
				11,862,189
Financials – 6.9%
Aon North America, Inc.
5.125%, 03/01/2027		145,000		145,868
5.150%, 03/01/2029		1,310,000		1,317,174
5.450%, 03/01/2034		727,000		735,392
5.750%, 03/01/2054		291,000		298,335
Banco Bilbao Vizcaya Argentaria SA
6.033%, (6.033% to 3-13-34, then 1 Year CMT + 1.950%), 03/13/2035		600,000		608,898
7.883%, (7.883% to 11-15-33, then 1 Year CMT + 3.300%), 11/15/2034		600,000		656,218
Banco Santander SA
5.538%, (5.538% to 3-14-29, then 1 Year CMT + 1.450%), 03/14/2030		1,000,000		999,902
6.527%, (6.527% to 11-7-26, then 1 Year CMT + 1.650%), 11/07/2027		400,000		410,266
6.607%, 11/07/2028		400,000		422,722
6.938%, 11/07/2033		1,000,000		1,104,541

Core Bond Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Financials (continued)
Bank of America Corp.
1.734%, (1.734% to 7-22-26, then Overnight SOFR + 0.960%), 07/22/2027	$	2,003,000	$	1,846,665
3.419%, (3.419% to 12-20-27, then 3 month CME Term SOFR + 1.302%), 12/20/2028		2,046,000		1,919,435
5.288%, (5.288% to 4-25-33, then Overnight SOFR + 1.910%), 04/25/2034		1,356,000		1,351,877
5.468%, (5.468% to 1-23-34, then Overnight SOFR + 1.650%), 01/23/2035		290,000		291,890
5.819%, (5.819% to 9-15-28, then Overnight SOFR + 1.570%), 09/15/2029		2,234,000		2,290,607
5.872%, (5.872% to 9-15-33, then Overnight SOFR + 1.840%), 09/15/2034		1,117,000		1,158,519
5.933%, (5.933% to 9-15-26, then Overnight SOFR + 1.340%), 09/15/2027		1,596,000		1,617,394
Barclays PLC
5.674%, (5.764% to 3-12-27, then Overnight SOFR + 1.490%), 03/12/2028		872,000		875,102
5.690%, (5.690% to 3-12-29, then Overnight SOFR + 1.740%), 03/12/2030		872,000		876,540
6.692%, (6.692% to 9-13-33, then Overnight SOFR + 2.620%), 09/13/2034		659,000		702,060
BlackRock Funding, Inc.
4.700%, 03/14/2029		145,000		145,095
5.000%, 03/14/2034		421,000		422,730
5.250%, 03/14/2054		145,000		145,718
BNP Paribas SA
5.176%, (5.176% to 1-9-29, then Overnight SOFR + 1.520%), 01/09/2030 (D)		876,000		876,062
5.894%, (5.894% to 12-5-33, then Overnight SOFR + 1.866%), 12/05/2034 (D)		882,000		922,209
Capital One Financial Corp. 7.624%, (7.624% to 10-30-30, then Overnight SOFR + 3.070%), 10/30/2031		730,000		806,282
Citibank NA 5.803%, 09/29/2028		1,490,000		1,542,398
Citigroup, Inc.
5.827%, (5.827% to 2-13-34, then Overnight SOFR + 2.056%), 02/13/2035		319,000		315,806
6.174%, (6.174% to 5-25-33, then Overnight SOFR + 2.661%), 05/25/2034		695,000		705,765
Citizens Financial Group, Inc. 5.841%, (5.841% to 1-23-29, then Overnight SOFR + 2.010%), 01/23/2030		727,000		725,956
Danske Bank A/S 5.705%, (5.705% to 3-1-29, then 1 Year CMT + 1.400%), 03/01/2030 (D)		739,000		743,722

 

33

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Core Bond Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Financials (continued)
Deutsche Bank AG 3.742%, (3.742% to 1-7-32, then Overnight SOFR + 2.257%), 01/07/2033	$	1,166,000	$	963,124
Goldman Sachs Bank USA 5.283%, (5.283% to 3-18-26, then Overnight SOFR + 0.777%), 03/18/2027		1,598,000		1,597,198
HSBC USA, Inc. 5.294%, 03/04/2027		2,181,000		2,193,681
ING Groep NV 5.335%, (5.335% to 3-19-29, then Overnight SOFR + 1.440%), 03/19/2030		739,000		737,194
KeyCorp 6.401%, (6.401% to 3-6-34, then SOFR Compounded Index + 2.420%), 03/06/2035		727,000		742,416
Lloyds Banking Group PLC
5.462%, (5.462% to 1-5-27, then 1 Year CMT + 1.375%), 01/05/2028		1,756,000		1,756,387
5.679%, (5.679% to 1-5-34, then 1 Year CMT + 1.750%), 01/05/2035		876,000		881,170
M&T Bank Corp. 6.082%, (6.082% to 3-13-31, then Overnight SOFR + 2.260%), 03/13/2032		436,000		434,947
Morgan Stanley
5.164%, (5.164% to 4-20-28, then Overnight SOFR + 1.590%), 04/20/2029		290,000		289,766
5.173%, (5.173% to 1-16-29, then Overnight SOFR + 1.450%), 01/16/2030		1,308,000		1,309,108
5.449%, (5.449% to 7-20-28, then Overnight SOFR + 1.630%), 07/20/2029		579,000		584,077
5.466%, (5.466% to 1-18-34, then Overnight SOFR + 1.730%), 01/18/2035		1,246,000		1,257,137
6.342%, (6.342% to 10-18-32, then Overnight SOFR + 2.560%), 10/18/2033		997,000		1,066,734
Morgan Stanley Bank NA 4.952%, (4.952% to 1-14-27, then Overnight SOFR + 1.080%), 01/14/2028		1,482,000		1,475,896
Santander Holdings USA, Inc. 7.660%, (7.660% to 11-9-30, then Overnight SOFR + 3.280%), 11/09/2031		730,000		793,468
Societe Generale SA
5.634%, (5.634% to 1-19-29, then 1 Year CMT + 1.750%), 01/19/2030 (D)		283,000		281,794
6.066%, (6.066% to 1-19-34, then 1 Year CMT + 2.100%), 01/19/2035 (D)		312,000		313,858
7.132%, (7.132% to 1-19-54, then 1 Year CMT + 2.950%), 01/19/2055 (D)		320,000		319,459
Truist Financial Corp.
5.435%, (5.435% to 1-24-29, then Overnight SOFR + 1.620%), 01/24/2030		726,000		725,153

Core Bond Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Financials (continued)
Truist Financial Corp. (continued)
5.711%, (5.711% to 1-24-34, then Overnight SOFR + 1.922%), 01/24/2035	$	436,000	$	437,882
7.161%, (7.161% to 10-30-28, then Overnight SOFR + 2.446%), 10/30/2029		1,021,000		1,088,796
Trust Fibra Uno 6.390%, 01/15/2050 (D)		356,000		288,879
UBS AG 5.650%, 09/11/2028		664,000		679,711
UBS Group AG
3.091%, (3.091% to 5-14-31, then Overnight SOFR + 1.730%), 05/14/2032 (D)		453,000		385,308
4.194%, (4.194% to 4-1-30, then Overnight SOFR + 3.730%), 04/01/2031 (D)		469,000		435,464
4.282%, 01/09/2028 (D)		645,000		622,460
5.699%, (5.699% to 2-8-34, then 1 Year CMT + 1.770%), 02/08/2035 (D)		312,000		313,579
6.301%, (6.301% to 9-22-33, then 1 Year CMT + 2.000%), 09/22/2034 (D)		466,000		487,791
Wells Fargo & Company
4.897%, (4.897% to 7-25-32, then Overnight SOFR + 2.100%), 07/25/2033		1,613,000		1,554,379
5.198%, (5.198% to 1-23-29, then Overnight SOFR + 1.500%), 01/23/2030		1,162,000		1,159,551
5.499%, (5.499% to 1-23-34, then Overnight SOFR + 1.780%), 01/23/2035		900,000		902,119
5.574%, (5.574% to 7-25-28, then Overnight SOFR + 1.740%), 07/25/2029		291,000		294,449
6.303%, (6.303% to 10-23-28, then Overnight SOFR + 1.790%), 10/23/2029		442,000		460,361
6.491%, (6.491% to 10-23-33, then Overnight SOFR + 2.060%), 10/23/2034		1,174,000		1,259,202
				55,073,646
Health care – 2.4%
AbbVie, Inc.
3.200%, 11/21/2029		1,090,000		1,004,432
4.050%, 11/21/2039		310,000		276,024
4.250%, 11/21/2049		320,000		277,138
4.500%, 05/14/2035		642,000		617,177
4.550%, 03/15/2035		730,000		705,578
4.800%, 03/15/2027 to 03/15/2029		1,452,000		1,453,815
4.950%, 03/15/2031		436,000		439,111
5.050%, 03/15/2034		726,000		734,999
5.400%, 03/15/2054		436,000		448,772
Amgen, Inc. 5.650%, 03/02/2053		1,024,000		1,043,410
Bristol-Myers Squibb Company
5.550%, 02/22/2054		290,000		298,231
5.650%, 02/22/2064		436,000		448,545
CommonSpirit Health 3.347%, 10/01/2029		270,000		247,616
CVS Health Corp.
5.050%, 03/25/2048		348,000		316,046

 

34

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Core Bond Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Health care (continued)
CVS Health Corp. (continued)
5.875%, 06/01/2053	$	204,000	$	207,531
DH Europe Finance II Sarl 2.200%, 11/15/2024		718,000		704,077
Eli Lilly & Company
4.700%, 02/09/2034		870,000		865,153
5.000%, 02/09/2054		435,000		432,550
5.100%, 02/09/2064		290,000		288,610
HCA, Inc.
3.625%, 03/15/2032		76,000		67,278
4.625%, 03/15/2052		279,000		233,178
5.250%, 06/15/2049		215,000		196,236
5.900%, 06/01/2053		978,000		983,400
Humana, Inc. 5.375%, 04/15/2031		727,000		727,392
Pfizer Investment Enterprises Pte, Ltd.
4.750%, 05/19/2033		853,000		839,850
5.300%, 05/19/2053		904,000		898,788
5.340%, 05/19/2063		584,000		572,251
UnitedHealth Group, Inc.
3.050%, 05/15/2041		137,000		103,700
4.600%, 04/15/2027		599,000		595,539
4.700%, 04/15/2029		450,000		448,449
4.900%, 04/15/2031		599,000		599,276
5.000%, 04/15/2034		749,000		750,308
5.375%, 04/15/2054		300,000		305,116
5.500%, 04/15/2064		150,000		152,609
5.875%, 02/15/2053		695,000		751,923
				19,034,108
Industrials – 1.9%
Adani International Container Terminal Private, Ltd. 3.000%, 02/16/2031 (D)		250,275		213,163
Burlington Northern Santa Fe LLC
4.450%, 01/15/2053		117,000		103,695
5.200%, 04/15/2054		305,000		302,323
Carrier Global Corp.
5.900%, 03/15/2034		584,000		613,783
6.200%, 03/15/2054		204,000		224,629
Caterpillar Financial Services Corp.
4.500%, 01/08/2027		727,000		722,266
4.850%, 02/27/2029		872,000		877,003
Crowley Conro LLC 4.181%, 08/15/2043		441,875		400,667
Delta Air Lines, Inc. 4.750%, 10/20/2028 (D)		963,000		941,869
Honeywell International, Inc.
5.000%, 03/01/2035		900,000		903,380
5.250%, 03/01/2054		300,000		302,704
5.350%, 03/01/2064		300,000		303,960
John Deere Capital Corp.
4.150%, 09/15/2027		583,000		572,602
4.500%, 01/08/2027 to 01/16/2029		2,036,000		2,018,141
4.950%, 07/14/2028		232,000		233,749
5.150%, 09/08/2026		1,014,000		1,019,722
Lockheed Martin Corp.
4.800%, 08/15/2034		598,000		591,373
5.200%, 02/15/2064		419,000		414,304
Northrop Grumman Corp.
4.400%, 05/01/2030		335,000		325,843
5.200%, 06/01/2054		75,000		73,043
RTX Corp.
6.100%, 03/15/2034		753,000		804,795
6.400%, 03/15/2054		603,000		682,209

Core Bond Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Industrials (continued)
The Boeing Company
3.250%, 02/01/2035	$	289,000	$	227,409
3.750%, 02/01/2050		573,000		398,602
5.805%, 05/01/2050		1,107,000		1,047,363
Union Pacific Corp.
2.375%, 05/20/2031		278,000		237,407
2.800%, 02/14/2032		377,000		327,226
Waste Management, Inc. 4.875%, 02/15/2034		578,000		574,046
				15,457,276
Information technology – 2.6%
Apple, Inc.
2.375%, 02/08/2041		213,000		151,760
2.650%, 05/11/2050 to 02/08/2051		411,000		271,909
3.950%, 08/08/2052		410,000		345,557
4.850%, 05/10/2053 (E)		148,000		147,045
Broadcom, Inc.
2.450%, 02/15/2031 (D)		457,000		385,260
3.150%, 11/15/2025		343,000		331,802
4.926%, 05/15/2037 (D)		418,000		396,710
Cisco Systems, Inc.
4.800%, 02/26/2027		872,000		873,403
4.850%, 02/26/2029		872,000		878,437
4.950%, 02/26/2031		581,000		586,128
5.050%, 02/26/2034		1,017,000		1,030,693
5.300%, 02/26/2054		436,000		447,548
Intel Corp.
2.800%, 08/12/2041		251,000		181,471
5.000%, 02/21/2031		436,000		436,447
5.150%, 02/21/2034		1,163,000		1,165,650
5.600%, 02/21/2054		581,000		591,980
5.625%, 02/10/2043		168,000		173,705
5.700%, 02/10/2053		583,000		602,661
5.900%, 02/10/2063		407,000		431,804
Intuit, Inc.
5.125%, 09/15/2028		579,000		588,903
5.200%, 09/15/2033		579,000		589,696
5.250%, 09/15/2026		725,000		731,788
5.500%, 09/15/2053		581,000		603,116
KLA Corp.
3.300%, 03/01/2050		239,000		175,432
4.700%, 02/01/2034		581,000		572,009
Marvell Technology, Inc.
5.750%, 02/15/2029		435,000		445,226
5.950%, 09/15/2033		435,000		450,796
Micron Technology, Inc.
5.375%, 04/15/2028		1,464,000		1,478,455
5.875%, 02/09/2033		172,000		177,986
Motorola Solutions, Inc.
5.000%, 04/15/2029		203,000		201,964
5.400%, 04/15/2034		291,000		290,425
Oracle Corp. 4.000%, 07/15/2046		507,000		399,399
Qualcomm, Inc. 6.000%, 05/20/2053		658,000		735,484
Texas Instruments, Inc.
4.600%, 02/08/2029		580,000		580,914
4.850%, 02/08/2034		725,000		728,492
5.000%, 03/14/2053		643,000		630,863
5.150%, 02/08/2054		290,000		291,114
VMware LLC
1.000%, 08/15/2024		908,000		892,059
1.400%, 08/15/2026		407,000		371,696
				20,365,787

 

35

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Core Bond Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Materials – 0.6%
Air Products and Chemicals, Inc. 4.850%, 02/08/2034	$	725,000	$	717,287
Anglo American Capital PLC 4.750%, 03/16/2052 (D)		322,000		271,945
Celanese US Holdings LLC
6.379%, 07/15/2032		290,000		300,850
6.550%, 11/15/2030		456,000		479,629
Glencore Finance Canada, Ltd.
5.550%, 10/25/2042 (D)		131,000		126,265
6.000%, 11/15/2041 (D)		107,000		107,269
Glencore Funding LLC
5.371%, 04/04/2029 (D)		1,167,000		1,169,314
5.634%, 04/04/2034 (D)		729,000		730,948
Newmont Corp. 5.350%, 03/15/2034 (D)		261,000		262,664
The Dow Chemical Company
5.150%, 02/15/2034		581,000		578,936
5.600%, 02/15/2054		435,000		433,283
				5,178,390
Real estate – 1.5%
Agree LP
2.000%, 06/15/2028		547,000		480,940
2.600%, 06/15/2033		124,000		97,368
4.800%, 10/01/2032		274,000		259,206
American Homes 4 Rent LP
3.625%, 04/15/2032		503,000		442,324
4.300%, 04/15/2052		225,000		176,298
5.500%, 02/01/2034		290,000		289,127
American Tower Corp.
2.950%, 01/15/2051		146,000		94,143
3.125%, 01/15/2027		247,000		233,539
5.500%, 03/15/2028		582,000		586,874
5.900%, 11/15/2033		871,000		901,908
Brixmor Operating Partnership LP 2.500%, 08/16/2031		481,000		394,851
CBRE Services, Inc. 5.500%, 04/01/2029		290,000		291,751
Crown Castle, Inc.
2.100%, 04/01/2031		495,000		400,679
2.900%, 04/01/2041		291,000		205,766
5.100%, 05/01/2033		429,000		418,438
5.800%, 03/01/2034		904,000		924,751
Essex Portfolio LP 2.550%, 06/15/2031		259,000		215,095
Invitation Homes Operating Partnership LP
2.000%, 08/15/2031		87,000		69,129
4.150%, 04/15/2032		501,000		458,501
Realty Income Corp.
2.100%, 03/15/2028		278,000		248,722
2.200%, 06/15/2028		270,000		241,165
2.850%, 12/15/2032		364,000		302,730
3.400%, 01/15/2030		297,000		270,440
4.900%, 07/15/2033		432,000		417,398
5.125%, 02/15/2034		909,000		891,982
5.625%, 10/13/2032		217,000		221,520
Regency Centers LP
2.950%, 09/15/2029		689,000		616,485
5.250%, 01/15/2034		290,000		288,896
STORE Capital Corp.
2.700%, 12/01/2031		175,000		137,699
2.750%, 11/18/2030		445,000		357,520
4.500%, 03/15/2028		289,000		273,916
4.625%, 03/15/2029		321,000		302,423

Core Bond Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Real estate (continued)
Sun Communities Operating LP 4.200%, 04/15/2032	$	652,000	$	584,737
				12,096,321
Utilities – 2.3%
American Transmission Systems, Inc. 2.650%, 01/15/2032 (D)		182,000		150,671
Baltimore Gas and Electric Company
2.250%, 06/15/2031		390,000		328,329
5.400%, 06/01/2053		437,000		434,627
CenterPoint Energy Houston Electric LLC
3.600%, 03/01/2052		288,000		218,765
5.150%, 03/01/2034		349,000		351,528
5.200%, 10/01/2028		436,000		443,414
Consolidated Edison Company of New York, Inc.
3.200%, 12/01/2051		88,000		60,532
5.200%, 03/01/2033		155,000		157,660
5.500%, 03/15/2034		876,000		904,933
5.900%, 11/15/2053		292,000		311,640
Consumers Energy Company
2.500%, 05/01/2060		237,000		136,625
4.600%, 05/30/2029		641,000		633,545
DTE Electric Company
2.950%, 03/01/2050		455,000		306,003
3.650%, 03/01/2052		208,000		157,433
5.200%, 03/01/2034		581,000		583,655
Duke Energy Carolinas LLC
2.550%, 04/15/2031		175,000		151,093
2.850%, 03/15/2032		484,000		415,121
3.550%, 03/15/2052		353,000		257,004
4.950%, 01/15/2033		292,000		290,390
5.350%, 01/15/2053		585,000		576,725
5.400%, 01/15/2054		291,000		289,598
Duke Energy Corp. 3.500%, 06/15/2051		82,000		57,567
Duke Energy Florida LLC 2.400%, 12/15/2031		389,000		326,291
Duke Energy Progress LLC
2.500%, 08/15/2050		393,000		236,228
5.250%, 03/15/2033		290,000		293,210
Entergy Arkansas LLC
2.650%, 06/15/2051		351,000		213,543
5.150%, 01/15/2033		585,000		586,544
FirstEnergy Pennsylvania Electric Company
3.250%, 03/15/2028 (D)		380,000		351,701
4.300%, 01/15/2029 (D)		458,000		441,878
5.150%, 03/30/2026 (D)		293,000		290,566
5.200%, 04/01/2028 (D)		439,000		439,431
Israel Electric Corp., Ltd. 3.750%, 02/22/2032 (D)		278,000		234,347
Jersey Central Power & Light Company 2.750%, 03/01/2032 (D)		428,000		355,629
MidAmerican Energy Company
2.700%, 08/01/2052		338,000		210,449
5.300%, 02/01/2055		276,000		273,019
Mississippi Power Company
3.100%, 07/30/2051		468,000		309,918
4.250%, 03/15/2042		199,000		169,398
Northern States Power Company 5.400%, 03/15/2054		465,000		468,265
NSTAR Electric Company 3.100%, 06/01/2051		97,000		65,876

 

36

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Core Bond Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Utilities (continued)
Pacific Gas & Electric Company
3.500%, 08/01/2050	$	145,000	$	99,072
3.950%, 12/01/2047		933,000		697,950
4.200%, 06/01/2041		226,000		181,927
4.750%, 02/15/2044		131,000		110,514
4.950%, 07/01/2050		1,247,000		1,072,659
5.800%, 05/15/2034		669,000		675,194
PECO Energy Company 2.850%, 09/15/2051		470,000		303,412
Public Service Company of Oklahoma 3.150%, 08/15/2051		264,000		176,754
Public Service Electric & Gas Company
1.900%, 08/15/2031		670,000		545,686
2.050%, 08/01/2050		108,000		61,186
2.700%, 05/01/2050		182,000		119,248
Public Service Enterprise Group, Inc.
5.200%, 04/01/2029		437,000		437,336
5.450%, 04/01/2034		204,000		204,377
5.875%, 10/15/2028		587,000		604,395
Southern California Edison Company 4.125%, 03/01/2048		294,000		237,316
Virginia Electric & Power Company 2.950%, 11/15/2051		390,000		252,396
				18,262,573
TOTAL CORPORATE BONDS (Cost $196,437,821)			$	193,965,127
MUNICIPAL BONDS – 0.3%
Board of Regents of the University of Texas System 2.439%, 08/15/2049		285,000		182,545
County of Clark Department of Aviation (Nevada) 6.820%, 07/01/2045		750,000		886,527
North Texas Tollway Authority 6.718%, 01/01/2049		697,000		823,042
Ohio State University 4.800%, 06/01/2111		464,000		416,054
Port Authority of New York & New Jersey 4.458%, 10/01/2062		571,000		511,339
TOTAL MUNICIPAL BONDS (Cost $3,491,211)			$	2,819,507
COLLATERALIZED MORTGAGE OBLIGATIONS – 15.7%
Commercial and residential – 2.3%
Angel Oak Mortgage Trust LLC
Series 2020-2, Class A1A, 2.531%, 01/26/2065 (D)(F)		107,810		99,528
Series 2020-5, Class A1, 1.373%, 05/25/2065 (D)(F)		66,446		61,581
Series 2021-6, Class A1, 1.458%, 09/25/2066 (D)(F)		445,897		362,577
BBCMS Mortgage Trust Series 2018-C2, Class ASB 4.236%, 12/15/2051		185,553		181,235
Bunker Hill Loan Depositary Trust Series 2019-2, Class A1 2.879%, 07/25/2049 (D)		266,412		251,658
BX Commercial Mortgage Trust
Series 2021-VOLT, Class A (1 month CME Term SOFR + 0.814%), 6.140%, 09/15/2036 (B)(D)		2,021,000		2,006,010
Series 2021-XL2, Class A (1 month CME Term SOFR + 0.803%), 6.128%, 10/15/2038 (B)(D)		781,148		775,290

Core Bond Trust (continued)

		Shares or Principal Amount	Value
COLLATERALIZED MORTGAGE OBLIGATIONS (continued)
Commercial and residential (continued)
CFCRE Commercial Mortgage Trust Series 2017-C8, Class ASB 3.367%, 06/15/2050	$	181,772	$	176,996
COLT Mortgage Loan Trust
Series 2021-2, Class A1, 0.924%, 08/25/2066 (D)(F)		604,139		486,221
Series 2021-4, Class A1, 1.397%, 10/25/2066 (D)(F)		636,029		517,757
Commercial Mortgage Trust (Cantor Fitzgerald/Deutsche Bank AG)
Series 2014-UBS4, Class A4, 3.420%, 08/10/2047		578,442		576,905
Series 2015-LC23, Class A3, 3.521%, 10/10/2048		363,680		356,086
EQUS Mortgage Trust Series 2021-EQAZ, Class A (1 month CME Term SOFR + 0.869%) 6.195%, 10/15/2038 (B)(D)		786,984		782,557
GS Mortgage Securities Trust
Series 2015-GC32, Class A3, 3.498%, 07/10/2048		301,749		294,085
Series 2020-GSA2, Class A4, 1.721%, 12/12/2053		995,000		796,288
Impact Funding Affordable Multifamily Housing Mortgage Loan Trust Series 2010-1, Class A1 5.314%, 01/25/2051 (D)		301,701		297,201
JPMBB Commercial Mortgage Securities Trust
Series 2014-C23, Class A4, 3.670%, 09/15/2047		274,149		272,358
Series 2015-C28, Class A3, 2.912%, 10/15/2048		993,317		973,975
Series 2015-C30, Class A5, 3.822%, 07/15/2048		535,000		513,068
JPMorgan Chase Commercial Mortgage Securities Trust Series 2016-JP4, Class A3 3.393%, 12/15/2049		198,000		189,170
Med Trust Series 2021-MDLN, Class A (1 month CME Term SOFR + 1.064%) 6.389%, 11/15/2038 (B)(D)		1,266,920		1,263,752
MFA Trust Series 2021-NQM2, Class A1 1.029%, 11/25/2064 (D)(F)		245,556		211,083
Morgan Stanley Capital I Trust Series 2020-HR8, Class A3 1.790%, 07/15/2053		557,000		462,993
New Residential Mortgage Loan Trust Series 2019-NQM4, Class A1 2.492%, 09/25/2059 (D)(F)		122,860		113,125
NewRez Warehouse Securitization Trust Series 2021-1, Class A (1 month CME Term SOFR + 0.864%) 6.194%, 05/25/2055 (B)(D)		575,467		575,536
Starwood Mortgage Residential Trust
Series 2020-1, Class A1, 2.275%, 02/25/2050 (D)(F)		44,087		41,208
Series 2020-3, Class A1, 1.486%, 04/25/2065 (D)(F)		171,316		161,359
Series 2020-INV1, Class A1, 1.027%, 11/25/2055 (D)(F)		147,287		135,532

 

37

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Core Bond Trust (continued)

		Shares or Principal Amount	Value
COLLATERALIZED MORTGAGE OBLIGATIONS (continued)
Commercial and residential (continued)
Starwood Mortgage Residential Trust (continued)
Series 2021-1, Class A1, 1.219%, 05/25/2065 (D)(F)	$	209,195	$	182,403
Series 2021-4, Class A1, 1.162%, 08/25/2056 (D)(F)		574,400		476,870
Verus Securitization Trust
Series 2019-4, Class A1, 3.642%, 11/25/2059 (D)		183,409		177,460
Series 2019-INV3, Class A1, 3.692%, 11/25/2059 (D)(F)		74,536		72,177
Series 2020-2, Class A1, 2.226%, 05/25/2060 (D)(F)		39,872		39,374
Series 2021-1, Class A1, 0.815%, 01/25/2066 (D)(F)		264,642		230,838
Series 2021-2, Class A1, 1.031%, 02/25/2066 (D)(F)		507,644		437,770
Series 2021-3, Class A1, 1.046%, 06/25/2066 (D)(F)		411,598		341,211
Series 2021-4, Class A1, 0.938%, 07/25/2066 (D)(F)		529,596		418,208
Series 2021-5, Class A1, 1.013%, 09/25/2066 (D)(F)		1,234,493		1,024,836
Series 2021-7, Class A1, 1.829%, 10/25/2066 (D)(F)		597,754		517,212
Series 2021-8, Class A1, 1.824%, 11/25/2066 (D)(F)		567,458		485,496
Series 2021-R1, Class A1, 0.820%, 10/25/2063 (D)(F)		214,946		194,269
Series 2021-R3, Class A1, 1.020%, 04/25/2064 (D)(F)		241,978		214,674
Visio Trust Series 2020-1R, Class A1 1.312%, 11/25/2055 (D)		163,213		151,259
				17,899,191
U.S. Government Agency – 13.4%
Federal Home Loan Mortgage Corp.
Series 264, Class 30, 3.000%, 07/15/2042		897,693		809,668
Series 271, Class F5 (30 day Average SOFR + 0.614%), 5.933%, 08/15/2042 (B)		268,063		264,019
Series 272, Class F1 (30 day Average SOFR + 0.614%), 5.933%, 08/15/2042 (B)		427,833		421,417
Series 280, Class F1 (30 day Average SOFR + 0.614%), 5.933%, 09/15/2042 (B)		432,001		425,474
Series 4047, Class CX, 3.500%, 05/15/2042		812,000		728,772
Series 4091, Class BX, 3.250%, 10/15/2041		430,044		392,688
Series 4091, Class EX, 3.375%, 07/15/2042		275,243		251,509
Series 4091, Class MX, 3.250%, 02/15/2042		348,530		316,640
Series 4117, Class HB, 2.500%, 10/15/2042		279,000		237,612
Series 4122, Class FP (30 day Average SOFR + 0.514%), 5.833%, 10/15/2042 (B)		309,137		303,685
Series 4205, Class PA, 1.750%, 05/15/2043		291,086		243,187

Core Bond Trust (continued)

		Shares or Principal Amount	Value
COLLATERALIZED MORTGAGE OBLIGATIONS (continued)
U.S. Government Agency (continued)
Federal Home Loan Mortgage Corp. (continued)
Series 4240, Class FA (30 day Average SOFR + 0.614%), 5.933%, 08/15/2043 (B)	$	786,495	$	773,900
Series 4248, Class FT (30 day Average SOFR + 0.614%), 5.933%, 09/15/2043 (B)		273,720		269,857
Series 4286, Class VF (30 day Average SOFR + 0.564%), 5.883%, 12/15/2043 (B)		582,347		572,734
Series 4446, Class CP, 2.250%, 03/15/2045		364,127		313,857
Series 4582, Class HA, 3.000%, 09/15/2045		1,378,427		1,267,880
Series 4614, Class FG (30 day Average SOFR + 0.614%), 5.933%, 09/15/2046 (B)		313,595		308,163
Series 4628, Class KF (30 day Average SOFR + 0.614%), 5.933%, 01/15/2055 (B)		400,863		392,938
Series 4719, Class LA, 3.500%, 09/15/2047		390,005		352,222
Series 4719, Class LM, 3.000%, 09/15/2047		303,717		266,304
Series 4742, Class PA, 3.000%, 10/15/2047		781,640		697,737
Series 4753, Class BD, 3.000%, 01/15/2048		296,000		255,367
Series 4793, Class FD (30 day Average SOFR + 0.414%), 5.733%, 06/15/2048 (B)		118,210		114,872
Series 4826, Class KF (30 day Average SOFR + 0.414%), 5.733%, 09/15/2048 (B)		254,792		248,509
Series 4857, Class JA, 3.350%, 01/15/2049		1,224,346		1,145,088
Series 4880, Class DA, 3.000%, 05/15/2050		598,007		536,457
Series 4903, Class NF (30 day Average SOFR + 0.514%), 5.835%, 08/25/2049 (B)		241,203		236,609
Series 4927, Class BG, 3.000%, 11/25/2049		529,926		477,353
Series 4937, Class MD, 2.500%, 10/25/2049		531,641		458,162
Series 4940, Class AG, 3.000%, 05/15/2040		350,286		323,697
Series 4941, Class GA, 2.000%, 12/15/2047		303,229		249,821
Series 4954, Class LB, 2.500%, 02/25/2050		333,307		287,032
Series 4957, Class MY, 3.000%, 02/25/2050		317,000		257,312
Series 4979, Class UC, 1.500%, 06/25/2050		989,400		788,335
Series 4990, Class FN (30 day Average SOFR + 0.464%), 5.785%, 05/25/2050 (B)		685,500		668,159
Series 4993, Class KF (30 day Average SOFR + 0.564%), 5.885%, 07/25/2050 (B)		2,246,134		2,201,975

 

38

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Core Bond Trust (continued)

		Shares or Principal Amount	Value
COLLATERALIZED MORTGAGE OBLIGATIONS (continued)
U.S. Government Agency (continued)
Federal Home Loan Mortgage Corp. (continued)
Series 5004, Class FM (30 day Average SOFR + 0.464%), 5.785%, 08/25/2050 (B)	$	474,677	$	462,170
Series 5020, Class ET, 3.500%, 10/25/2050		447,822		401,033
Series 5058, Class BC, 5.000%, 11/25/2050		324,407		317,843
Series 5091, Class AB, 1.500%, 03/25/2051		938,591		746,765
Series 5092, Class HE, 2.000%, 02/25/2051		533,207		440,689
Series 5116, Class PB, 2.250%, 02/25/2051		556,335		472,647
Series 5118, Class CA, 1.500%, 10/15/2033		474,000		414,186
Series 5119, Class AB, 1.500%, 08/25/2049		415,044		324,935
Series 5119, Class QF (30 day Average SOFR + 0.200%), 5.520%, 06/25/2051 (B)		678,476		647,996
Series 5143, Class GA, 2.000%, 06/25/2049		341,589		276,403
Series 5159, Class UA, 2.500%, 12/25/2048		593,640		520,415
Series 5178, Class TP, 2.500%, 04/25/2049		739,157		633,557
Series 5182, Class D, 2.500%, 11/25/2043		2,256,634		2,045,395
Series 5182, Class M, 2.500%, 05/25/2049		449,573		392,407
Series 5184, Class AB, 2.500%, 05/25/2048		325,240		287,291
Series 5201, Class CA, 2.500%, 07/25/2048		672,398		596,710
Series 5202, Class BH, 2.000%, 12/25/2047		354,811		314,330
Series 5202, Class LA, 2.500%, 05/25/2049		673,318		580,364
Series 5202, Class MB, 3.000%, 11/25/2048		862,559		771,495
Series 5202, Class TA, 2.500%, 12/25/2048		1,021,666		911,808
Series 5206, Class CA, 3.000%, 02/25/2047		385,402		344,958
Series 5206, Class CD, 3.500%, 05/25/2049		667,226		608,864
Series 5207, Class PA, 3.000%, 06/25/2051		713,009		634,443
Series 5209, Class EA, 3.000%, 08/25/2050		552,008		494,819
Series 5209, Class EJ, 3.000%, 08/25/2050		552,008		494,819
Series 5210, Class DC, 3.000%, 09/25/2051		512,750		467,972
Series 5214, Class BY, 3.000%, 04/25/2052		496,000		398,484
Series 5217, Class CD, 2.500%, 07/25/2049		551,164		498,345
Series 5220, Class QK, 3.500%, 09/25/2050		1,049,562		979,511
Series 5228, Class TN, 3.500%, 07/25/2039		362,357		340,143

Core Bond Trust (continued)

		Shares or Principal Amount	Value
COLLATERALIZED MORTGAGE OBLIGATIONS (continued)
U.S. Government Agency (continued)
Federal Home Loan Mortgage Corp. (continued)
Series 5300, Class C, 2.000%, 09/25/2047	$	904,646	$	820,558
Series 5335, Class FB (30 day Average SOFR + 0.814%), 6.133%, 10/15/2039 (B)		891,519		892,790
Series 5338, Class FH (30 day Average SOFR + 0.414%), 5.733%, 04/15/2045 (B)		881,918		860,953
Series 5386, Class DM, 2.000%, 03/25/2044		544,000		383,032
Series 5396, Class HF (30 day Average SOFR + 0.950%), 6.270%, 04/25/2054 (B)		1,212,000		1,212,003
Series 5399, Class FB (30 day Average SOFR + 0.900%), 6.220%, 04/25/2054 (B)		686,000		686,343
Federal National Mortgage Association
Series 2011-111, Class DB, 4.000%, 11/25/2041		439,718		417,844
Series 2012-133, Class JF (30 day Average SOFR + 0.464%), 5.785%, 12/25/2042 (B)		357,447		349,737
Series 2012-151, Class NX, 1.500%, 01/25/2043		305,353		254,318
Series 2013-11, Class AP, 1.500%, 01/25/2043		971,178		871,211
Series 2013-15, Class FA (30 day Average SOFR + 0.464%), 5.785%, 03/25/2043 (B)		428,475		419,176
Series 2013-43, Class BP, 1.750%, 05/25/2043		358,614		300,529
Series 2014-17, Class DY, 3.500%, 04/25/2044		526,000		468,602
Series 2014-25, Class EL, 3.000%, 05/25/2044		406,731		366,596
Series 2014-74, Class PC, 2.500%, 06/25/2044		320,849		296,041
Series 2015-20, Class EF (30 day Average SOFR + 0.464%), 5.785%, 04/25/2045 (B)		989,720		967,651
Series 2015-26, Class GF (30 day Average SOFR + 0.414%), 5.735%, 05/25/2045 (B)		626,412		611,707
Series 2015-32, Class FA (30 day Average SOFR + 0.414%), 5.735%, 05/25/2045 (B)		382,649		373,106
Series 2015-48, Class FB (30 day Average SOFR + 0.414%), 5.735%, 07/25/2045 (B)		468,021		456,548
Series 2015-8, Class AP, 2.000%, 03/25/2045		730,898		636,230
Series 2015-84, Class PA, 1.700%, 08/25/2033		1,128,462		1,021,892
Series 2016-19, Class FD (30 day Average SOFR + 0.514%), 5.835%, 04/25/2046 (B)		1,354,577		1,337,670
Series 2016-45, Class PB, 3.000%, 07/25/2046 (A)		292,000		225,008
Series 2016-48, Class MA, 2.000%, 06/25/2038		1,182,877		1,073,080
Series 2016-57, Class PC, 1.750%, 06/25/2046		2,427,215		2,019,747

 

39

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Core Bond Trust (continued)

		Shares or Principal Amount	Value
COLLATERALIZED MORTGAGE OBLIGATIONS (continued)
U.S. Government Agency (continued)
Federal National Mortgage Association (continued)
Series 2017-13, Class PA, 3.000%, 08/25/2046	$	483,775	$	439,973
Series 2017-30, Class FA (30 day Average SOFR + 0.464%), 5.785%, 05/25/2047 (B)		236,744		231,522
Series 2017-78, Class FC (30 day Average SOFR + 0.464%), 5.785%, 10/25/2047 (B)		454,646		444,160
Series 2018-14, Class KC, 3.000%, 03/25/2048		787,099		728,504
Series 2018-38, Class MA, 3.300%, 06/25/2048		604,613		562,565
Series 2018-45, Class TM, 3.000%, 06/25/2048		474,184		419,632
Series 2018-55, Class GA, 3.375%, 08/25/2048		462,020		429,507
Series 2018-64, Class A, 3.000%, 09/25/2048		409,400		353,999
Series 2018-8, Class KL, 2.500%, 03/25/2047		431,840		377,233
Series 2018-85, Class EA, 3.500%, 12/25/2048		336,405		314,239
Series 2019-15, Class FA (30 day Average SOFR + 0.614%), 5.935%, 04/25/2049 (B)		240,437		236,476
Series 2019-25, Class PA, 3.000%, 05/25/2048		766,937		692,634
Series 2019-41, Class FG (30 day Average SOFR + 0.614%), 5.935%, 08/25/2059 (B)		580,245		569,959
Series 2019-43, Class FC (30 day Average SOFR + 0.514%), 5.835%, 08/25/2049 (B)		466,311		457,157
Series 2019-67, Class FB (30 day Average SOFR + 0.564%), 5.885%, 11/25/2049 (B)		241,052		236,526
Series 2020-12, Class FL (30 day Average SOFR + 0.564%), 5.885%, 03/25/2050 (B)		423,215		411,634
Series 2020-34, Class F (30 day Average SOFR + 0.564%), 5.885%, 06/25/2050 (B)		332,186		325,723
Series 2020-37, Class DA, 1.500%, 06/25/2050		248,171		213,249
Series 2020-45, Class JL, 3.000%, 07/25/2040		834,504		755,935
Series 2020-48, Class AB, 2.000%, 07/25/2050		381,662		311,190
Series 2020-48, Class DA, 2.000%, 07/25/2050		1,164,725		966,444
Series 2020-59, Class NC, 3.000%, 08/25/2040		502,494		454,994
Series 2021-22, Class MN, 2.750%, 10/25/2050		570,857		504,333
Series 2021-26, Class BD, 1.750%, 05/25/2051		308,323		265,884
Series 2021-27, Class EC, 1.500%, 05/25/2051		1,635,811		1,300,671
Series 2021-33, Class AV, 2.500%, 03/25/2048		231,847		170,591
Series 2021-42, Class AC, 2.000%, 02/25/2051		451,415		377,721

Core Bond Trust (continued)

		Shares or Principal Amount	Value
COLLATERALIZED MORTGAGE OBLIGATIONS (continued)
U.S. Government Agency (continued)
Federal National Mortgage Association (continued)
Series 2021-42, Class DC, 2.000%, 11/25/2050	$	1,085,467	$	903,480
Series 2021-73, Class A, 2.500%, 11/25/2049		590,621		510,874
Series 2021-73, Class DJ, 2.000%, 03/25/2049		617,115		515,326
Series 2021-76, Class KB, 1.250%, 11/25/2051		269,671		217,499
Series 2021-78, Class ND, 1.500%, 11/25/2051		887,213		710,972
Series 2021-86, Class MA, 2.500%, 11/25/2047		961,641		850,221
Series 2021-91, Class AB, 2.500%, 09/25/2049		568,544		493,306
Series 2021-95, Class MA, 2.500%, 04/25/2050		712,050		602,690
Series 2021-96, Class AH, 2.500%, 03/25/2049		624,527		533,395
Series 2022-11, Class D, 3.000%, 01/25/2050		623,905		561,279
Series 2022-18, Class DL, 3.250%, 07/25/2046		805,409		736,024
Series 2022-28, Class CA, 2.000%, 01/25/2048		551,018		494,051
Series 2022-3, Class N, 2.000%, 10/25/2047		1,605,211		1,386,051
Series 2022-4, Class MH, 3.000%, 09/25/2048		652,264		594,136
Series 2022-49, Class NQ, 3.000%, 02/25/2052		292,000		252,891
Series 2022-89, Class AY, 3.000%, 02/25/2048		623,000		515,732
Series 2022-9, Class DJ, 3.250%, 03/25/2049		447,409		408,181
Series 2023-14, Class EJ, 2.750%, 04/25/2049		553,091		502,419
Series 2023-37, Class FG (30 day Average SOFR + 0.414%), 5.735%, 08/25/2050 (B)		1,556,356		1,515,955
Series 2023-37, Class FH (30 day Average SOFR + 0.514%), 5.835%, 01/25/2050 (B)		955,708		937,107
Series 2023-38, Class FC (30 day Average SOFR + 0.664%), 5.985%, 06/25/2040 (B)		616,694		611,474
Series 414, Class A35, 3.500%, 10/25/2042		976,003		894,077
Government National Mortgage Association
Series 2010-163, Class NC, 4.000%, 12/20/2040		487,595		472,697
Series 2013-152, Class HA, 2.500%, 06/20/2043		521,993		468,652
Series 2014-181, Class L, 3.000%, 12/20/2044		334,000		294,208
Series 2015-144, Class CA, 2.500%, 10/20/2045		548,597		472,283
Series 2015-161, Class GF (1 month CME Term SOFR + 0.414%), 5.743%, 11/20/2045 (B)		298,499		291,597
Series 2016-136, Class A, 3.000%, 07/20/2044 (A)		282,504		246,637

 

40

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Core Bond Trust (continued)

		Shares or Principal Amount	Value
COLLATERALIZED MORTGAGE OBLIGATIONS (continued)
U.S. Government Agency (continued)
Government National Mortgage Association (continued)
Series 2016-93, Class AB, 1.750%, 07/20/2044	$	609,221	$	481,264
Series 2017-139, Class GA, 3.000%, 09/20/2047		1,247,012		1,113,060
Series 2017-167, Class BQ, 2.500%, 08/20/2044		412,633		373,847
Series 2018-65, Class DC, 3.500%, 05/20/2048		410,000		365,351
Series 2020-133, Class GA, 1.000%, 09/20/2050		645,654		538,986
Series 2020-138, Class LE, 1.500%, 09/20/2050		1,486,723		1,166,995
Series 2021-215, Class GA, 2.000%, 12/20/2051		335,678		284,102
Series 2021-227, Class E, 2.500%, 07/20/2050		2,346,256		2,009,464
Series 2021-27, Class BD, 5.000%, 02/20/2051		470,138		459,120
Series 2021-27, Class CW, 5.001%, 02/20/2051 (F)		606,687		584,154
Series 2021-27, Class NT, 5.000%, 02/20/2051		485,782		459,549
Series 2021-27, Class Q, 5.000%, 02/20/2051		424,743		403,050
Series 2021-8, Class CY, 5.000%, 01/20/2051		431,449		424,509
Series 2022-107, Class C, 2.500%, 06/20/2051		2,009,228		1,640,911
Series 2022-153, Class KA, 4.000%, 12/20/2049		547,825		524,290
Series 2022-191, Class B, 4.000%, 06/20/2041		2,382,000		2,191,923
Series 2022-191, Class BY, 4.000%, 08/20/2041		2,598,000		2,393,390
Series 2022-197, Class LF (30 day Average SOFR + 0.700%), 6.019%, 11/20/2052 (B)		1,810,377		1,793,950
Series 2022-205, Class A, 2.000%, 09/20/2051		730,155		573,807
Series 2022-31, Class GH, 2.500%, 12/20/2049		1,263,127		1,099,999
Series 2022-34, Class DN, 3.500%, 09/20/2041		1,027,324		943,961
Series 2022-5, Class BA, 2.000%, 10/20/2049		2,473,824		2,084,207
Series 2022-50, Class CA, 3.000%, 03/20/2052		1,763,467		1,547,606
Series 2022-50, Class DC, 2.500%, 08/20/2051		587,245		509,055
Series 2022-66, Class CG, 3.500%, 04/20/2052		1,131,219		1,052,782
Series 2022-84, Class A, 2.500%, 01/20/2052		595,627		491,536
				107,058,717
TOTAL COLLATERALIZED MORTGAGE OBLIGATIONS (Cost $129,403,498)			$	124,957,908
ASSET BACKED SECURITIES – 8.1%
Ally Auto Receivables Trust Series 2022-3, Class A4 5.070%, 06/15/2031		331,000		329,896

Core Bond Trust (continued)

		Shares or Principal Amount	Value
ASSET BACKED SECURITIES (continued)
American Express Credit Account Master Trust Series 2023-1, Class A 4.870%, 05/15/2028	$	432,000	$	431,087
AmeriCredit Automobile Receivables Trust
Series 2022-2, Class A3 4.380%, 04/18/2028		633,000		627,048
Series 2023-1, Class A3 5.620%, 11/18/2027		295,000		296,370
Series 2023-2, Class A3 5.810%, 05/18/2028		599,000		602,082
BA Credit Card Trust Series 2023-A2, Class A2 4.980%, 11/15/2028		2,487,000		2,492,958
BMW Vehicle Lease Trust Series 2023-1, Class A4 5.070%, 06/25/2026		457,000		455,121
Capital One Prime Auto Receivables Trust Series 2023-1, Class A3 4.870%, 02/15/2028		1,070,000		1,063,320
Chase Auto Owner Trust Series 2022-AA, Class A4 3.990%, 03/27/2028 (D)		416,000		406,013
Chase Issuance Trust Series 2024-A2, Class A 4.630%, 01/15/2031		1,140,000		1,135,338
College Ave Student Loans LLC
Series 2017-A, Class A1 (1 month CME Term SOFR + 1.764%) 7.094%, 11/26/2046 (B)(D)		252,546		254,642
Series 2018-A, Class A2 4.130%, 12/26/2047 (D)		190,283		181,728
Series 2019-A, Class A2 3.280%, 12/28/2048 (D)		337,459		310,029
Discover Card Execution Note Trust
Series 2023-A1, Class A 4.310%, 03/15/2028		868,000		855,656
Series 2023-A2, Class A 4.930%, 06/15/2028		2,632,000		2,626,884
Ford Credit Auto Lease Trust
Series 2024-A, Class A3 5.060%, 05/15/2027		1,299,000		1,297,088
Series 2024-A, Class A4 5.050%, 06/15/2027		303,000		301,851
Ford Credit Auto Owner Trust
Series 2022-D, Class A4 5.300%, 03/15/2028		299,000		299,964
Series 2023-A, Class A3 4.650%, 02/15/2028		1,281,000		1,269,586
Series 2024-1, Class A 4.870%, 08/15/2036 (D)		855,000		853,251
GM Financial Automobile Leasing Trust
Series 2023-2, Class A4 5.090%, 05/20/2027		416,000		414,699
Series 2023-3, Class A4 5.440%, 08/20/2027		264,000		264,632
GM Financial Consumer Automobile Receivables Trust Series 2022-4, Class A3 4.820%, 08/16/2027		510,000		507,425
GM Financial Revolving Receivables Trust Series 2024-1, Class A 4.980%, 12/11/2036 (D)		1,007,000		1,011,256

 

41

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Core Bond Trust (continued)

		Shares or Principal Amount	Value
ASSET BACKED SECURITIES (continued)
Hyundai Auto Lease Securitization Trust
Series 2023-B, Class A4 5.170%, 04/15/2027 (D)	$	661,000	$	658,216
Series 2023-C, Class A4 5.840%, 09/15/2027 (D)		447,000		451,546
Series 2024-A, Class A3 5.020%, 03/15/2027 (D)		793,000		789,161
Series 2024-A, Class A4 5.070%, 02/15/2028 (D)		301,000		299,684
Hyundai Auto Receivables Trust
Series 2021-C, Class A4 1.030%, 12/15/2027		549,000		519,378
Series 2022-A, Class A3 2.220%, 10/15/2026		804,126		786,841
Series 2022-A, Class A4 2.350%, 04/17/2028		341,000		324,982
Series 2023-A, Class A4 4.480%, 07/17/2028		599,000		589,962
Series 2023-B, Class A3 5.480%, 04/17/2028		338,000		340,225
Mercedes-Benz Auto Receivables Trust Series 2022-1, Class A4 5.250%, 02/15/2029		693,000		695,137
Navient Private Education Loan Trust
Series 2014-AA, Class A3 (1 month CME Term SOFR + 1.714%) 7.040%, 10/15/2031 (B)(D)		211,209		211,689
Series 2016-AA, Class A2B (1 month CME Term SOFR + 2.264%) 7.590%, 12/15/2045 (B)(D)		150,175		151,371
Navient Private Education Refi Loan Trust
Series 2018-CA, Class A2 3.520%, 06/16/2042 (D)		8,109		8,060
Series 2018-DA, Class A2A 4.000%, 12/15/2059 (D)		425,707		412,927
Series 2019-CA, Class A2 3.130%, 02/15/2068 (D)		332,422		319,574
Series 2019-D, Class A2A 3.010%, 12/15/2059 (D)		877,831		830,682
Series 2019-FA, Class A2 2.600%, 08/15/2068 (D)		480,366		449,522
Series 2020-EA, Class A 1.690%, 05/15/2069 (D)		84,050		76,166
Series 2020-GA, Class A 1.170%, 09/16/2069 (D)		340,567		307,082
Series 2021-BA, Class A 0.940%, 07/15/2069 (D)		203,960		178,263
Series 2021-CA, Class A 1.060%, 10/15/2069 (D)		852,875		749,420
Series 2021-EA, Class A 0.970%, 12/16/2069 (D)		1,177,731		1,017,983
Series 2021-FA, Class A 1.110%, 02/18/2070 (D)		744,193		635,401
Series 2021-GA, Class A 1.580%, 04/15/2070 (D)		185,694		162,410
Series 2022-A, Class A 2.230%, 07/15/2070 (D)		1,821,569		1,607,436
Navient Student Loan Trust Series 2021-3A, Class A1A 1.770%, 08/25/2070 (D)		791,142		688,749
Nelnet Student Loan Trust
Series 2004-3, Class A5 (90 day Average SOFR + 0.442%) 5.803%, 10/27/2036 (B)		498,956		491,690

Core Bond Trust (continued)

		Shares or Principal Amount	Value
ASSET BACKED SECURITIES (continued)
Nelnet Student Loan Trust (continued)
Series 2004-4, Class A5 (90 day Average SOFR + 0.422%) 5.783%, 01/25/2037 (B)	$	402,201	$	398,587
Series 2005-1, Class A5 (90 day Average SOFR + 0.372%) 5.733%, 10/25/2033 (B)		1,568,514		1,550,976
Series 2005-2, Class A5 (90 day Average SOFR + 0.362%) 5.715%, 03/23/2037 (B)		1,382,477		1,367,196
Series 2005-3, Class A5 (90 day Average SOFR + 0.382%) 5.735%, 12/24/2035 (B)		930,568		918,451
Series 2005-4, Class A4 (90 day Average SOFR + 0.442%) 5.795%, 03/22/2032 (B)		260,123		250,698
Nissan Auto Lease Trust
Series 2023-B, Class A4 5.610%, 11/15/2027		585,000		586,543
Series 2024-A, Class A4 4.970%, 09/15/2028		317,000		315,484
Nissan Auto Receivables Owner Trust Series 2022-B, Class A4 4.450%, 11/15/2029		415,000		408,204
PenFed Auto Receivables Owner Trust
Series 2022-A, Class A3 3.960%, 04/15/2026 (D)		448,566		445,645
Series 2022-A, Class A4 4.180%, 12/15/2028 (D)		302,000		297,558
Santander Drive Auto Receivables Trust
Series 2022-2, Class A3 2.980%, 10/15/2026		200,433		199,978
Series 2022-3, Class A3 3.400%, 12/15/2026		185,558		184,708
Series 2022-4, Class A3 4.140%, 02/16/2027		441,589		439,514
Series 2022-5, Class A3 4.110%, 08/17/2026		242,104		241,389
Series 2022-6, Class A3 4.490%, 11/16/2026		778,641		775,993
Series 2022-7, Class A3 5.750%, 04/15/2027		354,000		354,031
Series 2024-1, Class A3 5.250%, 04/17/2028		554,000		553,587
SBNA Auto Lease Trust
Series 2024-A, Class A3 5.390%, 11/20/2026 (D)		604,000		603,962
Series 2024-A, Class A4 5.240%, 01/22/2029 (D)		827,000		825,121
SBNA Auto Receivables Trust
Series 2024-A, Class A3 5.320%, 12/15/2028 (D)		408,000		407,908
Series 2024-A, Class A4 5.210%, 04/16/2029 (D)		175,000		175,096
SFS Auto Receivables Securitization Trust
Series 2024-1A, Class A3 4.950%, 05/21/2029 (D)		904,000		899,628
Series 2024-1A, Class A4 4.940%, 01/21/2031 (D)		153,000		152,291
SMB Private Education Loan Trust
Series 2016-B, Class A2A 2.430%, 02/17/2032 (D)		26,959		26,401
Series 2016-C, Class A2B (1 month CME Term SOFR + 1.214%) 6.540%, 09/15/2034 (B)(D)		69,004		69,019

 

42

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Core Bond Trust (continued)

		Shares or Principal Amount	Value
ASSET BACKED SECURITIES (continued)
SMB Private Education Loan Trust (continued)
Series 2021-A, Class APT1 1.070%, 01/15/2053 (D)	$	1,056,528	$	931,949
Series 2021-B, Class A 1.310%, 07/17/2051 (D)		359,722		326,158
Series 2021-E, Class A1A 1.680%, 02/15/2051 (D)		664,427		602,061
Series 2024-A, Class A1B (30 day Average SOFR + 1.450%) 6.769%, 03/15/2056 (B)(D)		742,000		742,890
SoFi Professional Loan Program LLC
Series 2017-D, Class A2FX 2.650%, 09/25/2040 (D)		15,075		14,509
Series 2020-C, Class AFX 1.950%, 02/15/2046 (D)		69,483		63,308
Series 2021-B, Class AFX 1.140%, 02/15/2047 (D)		599,253		509,479
Synchrony Card Funding LLC
Series 2023-A1, Class A 5.540%, 07/15/2029		1,412,000		1,425,151
Series 2024-A1, Class A 5.040%, 03/15/2030		563,000		562,984
T-Mobile US Trust
Series 2022-1A, Class A 4.910%, 05/22/2028 (D)		656,000		652,937
Series 2024-1A, Class A 5.050%, 09/20/2029 (D)		907,000		906,803
Toyota Auto Receivables Owner Trust
Series 2022-D, Class A4 5.430%, 04/17/2028		378,000		381,837
Series 2023-B, Class A3 4.710%, 02/15/2028		772,000		766,301
Series 2023-C, Class A3 5.160%, 04/17/2028		1,222,000		1,223,110
Verizon Master Trust
Series 2022-2, Class A 1.530%, 07/20/2028		577,000		558,908
Series 2022-4, Class A (3.400% to 6-20-25, then 4.150% thereafter) 3.400%, 11/20/2028		1,025,000		1,002,566
Series 2022-6, Class A (3.670% to 7-20-25, then 4.420% thereafter) 3.670%, 01/22/2029		765,000		749,173
Series 2023-1, Class A (4.490% to 1-20-26, then 5.240% thereafter) 4.490%, 01/22/2029		1,174,000		1,160,152
Series 2023-2, Class A 4.890%, 04/13/2028		432,000		429,687
Series 2023-4, Class A1A 5.160%, 06/20/2029		1,984,000		1,987,393
Series 2024-1, Class A1A 5.000%, 12/20/2028		1,376,000		1,371,814
Series 2024-2, Class A 4.830%, 12/22/2031 (D)		658,000		657,479
Volkswagen Auto Loan Enhanced Trust Series 2023-1, Class A3 5.020%, 06/20/2028		853,000		851,773
WF Card Issuance Trust Series 2024-A1, Class A 4.940%, 02/15/2029		1,726,000		1,729,107
World Omni Select Auto Trust Series 2023-A, Class A2A 5.920%, 03/15/2027		448,707		449,288
TOTAL ASSET BACKED SECURITIES (Cost $66,011,552)			$	64,546,266

Core Bond Trust (continued)

	Shares or Principal Amount	Value
SHORT-TERM INVESTMENTS – 1.8%
Short-term funds – 1.8%
John Hancock Collateral Trust, 5.2975% (G)(H)	18,658	$	186,533
State Street Institutional U.S. Government Money Market Fund, Premier Class, 5.2417% (G)	13,966,617		13,966,617
TOTAL SHORT-TERM INVESTMENTS (Cost $14,153,197)		$	14,153,150
Total Investments (Core Bond Trust) (Cost $852,520,987) – 103.7%		$	826,421,077
Other assets and liabilities, net – (3.7%)			(29,656,565)
TOTAL NET ASSETS – 100.0%		$	796,764,512

Security Abbreviations and Legend
CME	CME Group Published Rates
CMT	Constant Maturity Treasury
IBOR	Interbank Offered Rate
SOFR	Secured Overnight Financing Rate
TBA	To Be Announced. A forward mortgage-backed securities trade issued by a U.S. Government Agency, to be delivered at an agreed-upon future settlement date.
(A)	Security purchased or sold on a when-issued or delayed delivery basis.
(B)	Variable rate obligation. The coupon rate shown represents the rate at period end.
(C)	Zero coupon bonds are issued at a discount from their principal amount in lieu of paying interest periodically. Rate shown is the effective yield at period end.
(D)	These securities are exempt from registration under Rule 144A of the Securities Act of 1933. Such securities may be resold, normally to qualified institutional buyers, in transactions exempt from registration.
(E)	All or a portion of this security is on loan as of 3-31-24. The value of securities on loan amounted to $182,526.
(F)	Variable or floating rate security, the interest rate of which adjusts periodically based on a weighted average of interest rates and prepayments on the underlying pool of assets. The interest rate shown is the current rate as of period end.
(G)	The rate shown is the annualized seven-day yield as of 3-31-24.
(H)	Investment is an affiliate of the fund, the advisor and/or subadvisor. This security represents the investment of cash collateral received for securities lending.

Disciplined Value International Trust

	Shares or Principal Amount	Value
COMMON STOCKS - 97.1%
Austria - 0.5%
ANDRITZ AG	24,192	$	1,507,816
Belgium - 0.3%
Azelis Group NV	37,440		790,820
Bermuda - 2.8%
Everest Group, Ltd.	12,048		4,789,080
Hiscox, Ltd.	215,848		3,381,461
			8,170,541
Brazil - 0.7%
Banco do Brasil SA	193,800		2,187,853
Canada - 10.8%
Allied Gold Corp. (A)	228,498		573,543
Capstone Copper Corp. (A)	264,444		1,682,852
Cenovus Energy, Inc.	532,062		10,636,920
Kinross Gold Corp.	963,410		5,910,404

 

43

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Disciplined Value International Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Canada (continued)
MEG Energy Corp. (A)	128,728	$	2,955,550
Suncor Energy, Inc.	83,584		3,084,688
Teck Resources, Ltd., Class B	146,275		6,695,249
			31,539,206
China - 0.8%
Alibaba Group Holding, Ltd.	256,400		2,318,583
Finland - 1.1%
Fortum OYJ	261,053		3,223,016
France - 10.5%
Airbus SE	16,987		3,129,505
AXA SA	126,057		4,734,186
Capgemini SE	7,990		1,838,591
Cie de Saint-Gobain SA	25,395		1,971,008
Eurazeo SE	24,297		2,129,023
Imerys SA	38,754		1,320,235
Kering SA	2,079		823,460
Rexel SA	93,431		2,523,845
Sanofi SA	25,878		2,517,536
SPIE SA	117,710		4,424,796
Technip Energies NV	53,376		1,350,269
Vallourec SACA (A)	208,226		3,867,716
			30,630,170
Germany - 7.4%
Allianz SE	13,522		4,052,790
Commerzbank AG	343,977		4,727,701
Daimler Truck Holding AG	70,340		3,564,475
Infineon Technologies AG	71,054		2,416,237
Siemens AG	34,975		6,678,108
			21,439,311
Ireland - 4.1%
AIB Group PLC	555,663		2,820,798
CRH PLC	86,636		7,477,544
Ryanair Holdings PLC, ADR	11,429		1,663,948
			11,962,290
Italy - 0.8%
Iveco Group NV (A)	152,877		2,277,444
Japan - 18.4%
Asahi Group Holdings, Ltd.	117,600		4,318,257
Honda Motor Company, Ltd.	280,300		3,468,346
Japan Post Holdings Company, Ltd.	291,900		2,940,930
Kansai Paint Company, Ltd. (B)	216,300		3,098,088
Keisei Electric Railway Company, Ltd.	24,200		984,096
Mitsubishi Chemical Group Corp.	513,100		3,126,973
Mitsubishi Electric Corp.	256,300		4,290,193
Mitsubishi Heavy Industries, Ltd.	404,000		3,661,588
Panasonic Holdings Corp.	233,900		2,232,287
Renesas Electronics Corp.	310,300		5,529,750
Resona Holdings, Inc.	499,000		3,076,066
Ryohin Keikaku Company, Ltd.	344,300		5,634,534
Sony Group Corp.	25,900		2,220,944
Subaru Corp.	50,800		1,150,511
Sumitomo Mitsui Financial Group, Inc.	61,400		3,590,224
Suzuken Company, Ltd.	34,200		1,042,612
Suzuki Motor Corp.	279,200		3,187,701
			53,553,100
Jordan - 0.6%
Hikma Pharmaceuticals PLC	73,023		1,766,497
Luxembourg - 0.7%
Tenaris SA	107,841		2,132,157
Netherlands - 3.9%
Aalberts NV	52,733		2,535,375
Euronext NV (C)	19,667		1,871,716

Disciplined Value International Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Netherlands (continued)
ING Groep NV	277,678	$	4,571,508
Stellantis NV	80,061		2,271,899
			11,250,498
Singapore - 0.9%
Genting Singapore, Ltd.	4,040,300		2,649,777
South Korea - 7.4%
Hana Financial Group, Inc.	72,204		3,160,934
Hankook Tire & Technology Company, Ltd.	25,654		1,030,817
KB Financial Group, Inc.	53,891		2,816,210
KT Corp.	65,916		1,859,171
Kumho Petrochemical Company, Ltd.	13,651		1,424,159
Samsung C&T Corp.	15,630		1,858,708
Samsung Electronics Company, Ltd.	155,366		9,337,110
			21,487,109
Spain - 0.9%
Bankinter SA (B)	339,062		2,484,308
Switzerland - 4.1%
Glencore PLC	570,550		3,130,924
Novartis AG	90,181		8,734,791
			11,865,715
United Kingdom - 19.6%
AstraZeneca PLC	23,966		3,219,680
BAE Systems PLC	201,658		3,437,342
Barratt Developments PLC	228,880		1,373,755
Beazley PLC	743,961		6,255,891
BP PLC	1,289,583		8,090,096
Coca-Cola Europacific Partners PLC	39,325		2,750,784
Endeavour Mining PLC (B)	78,730		1,599,535
IMI PLC	157,624		3,610,970
Informa PLC	212,621		2,230,818
NatWest Group PLC	1,204,422		4,034,016
Nomad Foods, Ltd.	112,845		2,207,248
Reckitt Benckiser Group PLC	27,102		1,544,948
Shell PLC	127,333		4,224,839
Smith & Nephew PLC	94,704		1,185,597
SSE PLC	183,919		3,834,339
Tesco PLC	1,183,080		4,431,188
WH Smith PLC	178,911		2,979,583
			57,010,629
United States - 0.8%
Peabody Energy Corp. (B)	102,378		2,483,690
TOTAL COMMON STOCKS (Cost $247,770,506)		$	282,730,530
PREFERRED SECURITIES - 0.8%
South Korea - 0.8%
Samsung Electronics Company, Ltd.	47,156		2,353,660
TOTAL PREFERRED SECURITIES (Cost $2,112,401)		$	2,353,660
SHORT-TERM INVESTMENTS - 2.9%
Short-term funds - 2.9%
Fidelity Government Portfolio, Institutional Class, 5.2500% (D)	1,701,749		1,701,749
John Hancock Collateral Trust, 5.2975% (D)(E)	660,906		6,607,346
TOTAL SHORT-TERM INVESTMENTS (Cost $8,311,033)		$	8,309,095
Total Investments (Disciplined Value International Trust) (Cost $258,193,940) - 100.8%		$	293,393,285
Other assets and liabilities, net - (0.8%)			(2,329,844)
TOTAL NET ASSETS - 100.0%		$	291,063,441

Security Abbreviations and Legend
ADR	American Depositary Receipt

 

44

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Disciplined Value International Trust (continued)

(A)	Non-income producing security.
(B)	All or a portion of this security is on loan as of 3-31-24. The value of securities on loan amounted to $6,327,090.
(C)	These securities are exempt from registration under Rule 144A of the Securities Act of 1933. Such securities may be resold, normally to qualified institutional buyers, in transactions exempt from registration.
(D)	The rate shown is the annualized seven-day yield as of 3-31-24.
(E)	Investment is an affiliate of the fund, the advisor and/or subadvisor. This security represents the investment of cash collateral received for securities lending.

Emerging Markets Value Trust

	Shares or Principal Amount	Value
COMMON STOCKS - 97.4%
Australia - 0.0%
MMG, Ltd. (A)	240,000	$	94,395
Belgium - 0.0%
Titan Cement International SA	2,489		71,286
Brazil - 2.9%
Anima Holding SA (A)	24,800		24,229
Atacadao SA	36,079		98,049
Banco Bradesco SA	77,625		197,181
Banco do Brasil SA	57,415		648,171
Banco Santander Brasil SA	21,018		119,519
Bemobi Mobile Tech SA	3,800		10,479
BrasilAgro - Company Brasileira de Propriedades Agricolas	4,600		22,526
BRF SA (A)	30,422		98,993
Brisanet Participacoes SA	16,300		14,625
C&A MODAS SA (A)	14,300		30,337
Camil Alimentos SA	10,600		18,979
Cia Brasileira de Aluminio	16,506		13,428
Cia Brasileira de Distribuicao (A)	23,912		14,112
Cia Siderurgica Nacional SA	42,185		132,054
Cia Siderurgica Nacional SA, ADR	9,153		28,649
Cielo SA	88,074		94,828
Cogna Educacao SA (A)	138,674		65,253
Construtora Tenda SA (A)	4,718		12,069
Cruzeiro do Sul Educacional SA	10,800		10,293
Cyrela Brazil Realty SA Empreendimentos e Participacoes	26,796		133,248
Dexco SA	40,606		62,179
Diagnosticos da America SA (A)	12,493		15,269
Embraer SA (A)	33,922		225,294
Empreendimentos Pague Menos S/A	17,964		9,707
Eternit SA	4,300		6,207
Even Construtora e Incorporadora SA	19,800		33,162
Ez Tec Empreendimentos e Participacoes SA	8,609		27,979
Gerdau SA, ADR	15,389		68,019
Grupo Casas Bahia SA (A)	7,706		10,417
Grupo de Moda Soma SA	25,800		39,147
Grupo SBF SA	7,700		19,882
Guararapes Confeccoes SA (A)	10,200		16,880
Hapvida Participacoes e Investimentos SA (A)(B)	282,026		208,058
International Meal Company Alimentacao SA (A)	26,670		8,774
Iochpe Maxion SA	11,411		32,922
IRB Brasil Resseguros SA (A)	9,563		71,216
Jalles Machado SA	8,150		12,837
JBS SA	60,990		261,452
JHSF Participacoes SA	28,427		27,660
Lavvi Empreendimentos Imobiliarios SA	21,300		40,388
LWSA SA (B)	30,684		35,729

Emerging Markets Value Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Brazil (continued)
Moura Dubeux Engenharia S/A (A)	5,543	$	14,080
Movida Participacoes SA	12,400		21,015
MRV Engenharia e Participacoes SA (A)	22,963		35,667
Multilaser Industrial SA (A)	20,600		10,063
Natura & Company Holding SA	63,132		225,067
Petroleo Brasileiro SA	372,453		2,842,745
Positivo Tecnologia SA	9,000		17,981
Romi SA	6,244		16,658
Sao Carlos Empreendimentos e Participacoes SA (A)	5,205		28,498
Sao Martinho SA	11,236		69,517
TIM SA	4,127		14,647
Trisul SA	13,137		14,930
Tupy SA	9,951		55,217
Usinas Siderurgicas de Minas Gerais SA	8,838		16,512
Vale SA, ADR	11,676		142,330
Valid Solucoes e Servicos de Seguranca em Meios de Pagamento e Identificacao SA	7,000		25,807
Zamp SA (A)	11,800		7,976
			6,578,910
Canada - 0.1%
China Gold International Resources Corp., Ltd.	17,100		108,126
Chile - 0.5%
Camanchaca SA	214,992		9,733
CAP SA	5,458		37,467
Cementos BIO BIO SA	16,447		10,997
Cencosud SA	55,159		95,679
Cia Sud Americana de Vapores SA	687,612		51,733
Cristalerias de Chile SA	3,626		10,347
Empresa Nacional de Telecomunicaciones SA	15,564		52,091
Empresas CMPC SA	88,783		180,376
Empresas COPEC SA	22,761		163,473
Empresas Hites SA	46,731		3,935
Enel Americas SA	1,030,301		100,341
Falabella SA (A)	34,807		91,361
Grupo Security SA	77,638		21,466
Inversiones Aguas Metropolitanas SA	56,248		42,144
Masisa SA (A)	321,066		6,553
PAZ Corp. SA	16,523		9,543
Ripley Corp. SA	81,633		17,913
Salfacorp SA	67,149		36,392
Sigdo Koppers SA	50,989		66,341
SMU SA	178,212		30,914
Sociedad Matriz SAAM SA	476,922		55,479
Socovesa SA	113,429		9,708
SONDA SA	24,563		10,980
			1,114,966
China - 20.3%
360 Security Technology, Inc., Class A (A)	16,800		20,595
361 Degrees International, Ltd.	119,000		70,008
3SBio, Inc. (A)(B)	146,500		112,072
AAC Technologies Holdings, Inc.	79,500		266,991
Addsino Company, Ltd., Class A	9,800		10,162
Agile Group Holdings, Ltd. (A)	157,000		12,668
Agricultural Bank of China, Ltd., H Shares	1,798,000		758,954
Alibaba Group Holding, Ltd.	408,200		3,691,285
A-Living Smart City Services Company, Ltd. (B)	58,250		22,892

 

45

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Emerging Markets Value Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
China (continued)
Allmed Medical Products Company, Ltd., Class A	6,100	$	6,324
Aluminum Corp. of China, Ltd., H Shares	220,000		140,087
Angang Steel Company, Ltd., H Shares	167,800		27,924
Anhui Conch Cement Company, Ltd., H Shares	92,500		191,814
Anhui Construction Engineering Group Company, Ltd., Class A	14,900		9,954
Anhui Guangxin Agrochemical Company, Ltd., Class A	6,272		12,663
Anhui Hengyuan Coal Industry and Electricity Power Company, Ltd., Class A	15,800		26,117
Anhui Jinhe Industrial Company, Ltd., Class A	10,200		25,808
Anhui Truchum Advanced Materials & Technology Company, Ltd., Class A	12,200		13,611
Anhui Xinhua Media Company, Ltd., Class A	23,200		24,571
Anhui Zhongding Sealing Parts Company, Ltd., Class A	9,200		14,443
Anton Oilfield Services Group (A)	284,000		14,720
Aoshikang Technology Company, Ltd., Class A	4,600		17,600
Aotecar New Energy Technology Company, Ltd., Class A (A)	68,500		27,962
Asia - Potash International Investment Guangzhou Company, Ltd., Class A (A)	5,200		13,905
Asia Cement China Holdings Corp.	65,000		16,640
AsiaInfo Technologies, Ltd. (B)	18,800		17,228
Avary Holding Shenzhen Company, Ltd., Class A	8,600		28,110
AVIC Industry-Finance Holdings Company, Ltd., Class A	40,100		16,663
AviChina Industry & Technology Company, Ltd., H Shares	230,000		90,551
BAIC Motor Corp., Ltd., H Shares (B)	207,000		56,676
Baidu, Inc., ADR (A)	11,954		1,258,517
Baidu, Inc., Class A (A)	3,350		44,101
BAIOO Family Interactive, Ltd. (B)	126,000		3,706
Bank of Beijing Company, Ltd., Class A	90,000		70,373
Bank of Changsha Company, Ltd., Class A	41,600		44,413
Bank of Chengdu Company, Ltd., Class A	28,200		52,836
Bank of China, Ltd., H Shares	5,394,694		2,211,882
Bank of Chongqing Company, Ltd., H Shares	69,500		38,298
Bank of Communications Company, Ltd., H Shares	485,876		319,517
Bank of Guiyang Company, Ltd., Class A	19,600		14,543
Bank of Hangzhou Company, Ltd., Class A	38,900		59,543
Bank of Jiangsu Company, Ltd., Class A	99,100		107,550
Bank of Nanjing Company, Ltd., Class A	67,500		84,356
Bank of Ningbo Company, Ltd., Class A	36,960		106,540
Bank of Shanghai Company, Ltd., Class A	57,000		52,930
Bank of Suzhou Company, Ltd., Class A	21,010		20,732
Baoshan Iron & Steel Company, Ltd., Class A	116,100		104,015

Emerging Markets Value Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
China (continued)
Baoye Group Company, Ltd., H Shares (A)	22,000	$	11,155
Baozun, Inc., Class A (A)	1,300		981
BBMG Corp., H Shares	220,000		17,435
Beijing Capital Eco-Environment Protection Group Company, Ltd., Class A	50,000		18,967
Beijing Capital International Airport Company, Ltd., H Shares (A)	142,000		43,065
Beijing Dabeinong Technology Group Company, Ltd., Class A	18,200		12,391
Beijing Easpring Material Technology Company, Ltd., Class A	2,900		15,268
Beijing GeoEnviron Engineering & Technology, Inc., Class A	7,200		5,835
Beijing Jetsen Technology Company, Ltd., Class A (A)	27,000		21,492
Beijing Jingyuntong Technology Company, Ltd., Class A (A)	11,700		6,024
Beijing New Building Materials PLC, Class A	6,700		26,536
Beijing North Star Company, Ltd., H Shares (A)	132,000		11,140
Beijing Orient National Communication Science & Technology Company, Ltd., Class A (A)	10,200		11,832
Beijing Originwater Technology Company, Ltd., Class A	3,551		2,384
Beijing Shougang Company, Ltd., Class A (A)	20,200		8,808
Beijing Sinnet Technology Company, Ltd., Class A (A)	10,500		13,782
Beijing Urban Construction Design & Development Group Company, Ltd., H Shares (B)	35,000		8,552
Beijing Yanjing Brewery Company, Ltd., Class A	18,000		22,875
Beijing-Shanghai High Speed Railway Company, Ltd., Class A	158,600		109,558
BGI Genomics Company, Ltd., Class A	2,400		13,675
Blue Sail Medical Company, Ltd., Class A	7,100		5,542
BOC International China Company, Ltd., Class A	8,800		12,205
BOE Technology Group Company, Ltd., Class A	205,200		114,471
Bohai Leasing Company, Ltd., Class A (A)	50,900		15,936
Bright Dairy & Food Company, Ltd., Class A	9,600		12,027
BTG Hotels Group Company, Ltd., Class A (A)	4,500		9,290
Cabbeen Fashion, Ltd.	40,000		4,544
Caitong Securities Company, Ltd., Class A	33,670		34,406
Cangzhou Mingzhu Plastic Company, Ltd., Class A	15,000		7,411
Canmax Technologies Company, Ltd., Class A	4,900		13,361
CECEP Solar Energy Company, Ltd., Class A	34,200		24,678
CECEP Wind-Power Corp., Class A	25,480		10,262
Central China Management Company, Ltd.	113,732		1,602

 

46

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Emerging Markets Value Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
China (continued)
Changjiang Securities Company, Ltd., Class A	20,700	$	14,579
Changsha Broad Homes Industrial Group Company, Ltd., H Shares (A)(B)	9,000		2,469
Chaoju Eye Care Holdings, Ltd.	29,500		14,832
Chaowei Power Holdings, Ltd.	88,000		15,527
Chengdu Hongqi Chain Company, Ltd., Class A	38,700		25,437
Chengdu Kanghong Pharmaceutical Group Company, Ltd., Class A	6,600		15,611
Chengdu Wintrue Holding Company, Ltd., Class A	15,700		16,164
Chengtun Mining Group Company, Ltd., Class A (A)	12,000		6,979
Chengxin Lithium Group Company, Ltd., Class A	11,100		29,537
Chengzhi Company, Ltd., Class A	5,100		4,961
China BlueChemical, Ltd., H Shares	200,000		57,773
China Bohai Bank Company, Ltd., H Shares (A)(B)	291,000		37,962
China Cinda Asset Management Company, Ltd., H Shares	588,000		48,871
China CITIC Bank Corp., Ltd., H Shares	670,775		357,791
China Coal Energy Company, Ltd., H Shares	178,000		173,383
China Communications Services Corp., Ltd., H Shares	217,200		101,358
China Conch Environment Protection Holdings, Ltd. (A)	50,000		5,379
China Conch Venture Holdings, Ltd.	109,000		75,857
China Construction Bank Corp., H Shares	7,593,000		4,582,141
China Development Bank Financial Leasing Company, Ltd., H Shares (B)	122,000		31,216
China Dili Group (A)(C)	190,600		11,251
China Dongxiang Group Company, Ltd.	361,000		16,157
China Electronics Optics Valley Union Holding Company, Ltd.	308,000		14,175
China Energy Engineering Corp., Ltd., H Shares	162,000		14,715
China Everbright Bank Company, Ltd., H Shares	248,000		71,359
China Feihe, Ltd. (B)	246,000		115,764
China Galaxy Securities Company, Ltd., H Shares	93,000		45,703
China Great Wall Securities Company, Ltd., Class A	11,800		12,010
China Greatwall Technology Group Company, Ltd., Class A	14,300		19,538
China Green Electricity Investment of Tianjin Company, Ltd., Class A	7,500		9,655
China Hanking Holdings, Ltd.	61,000		7,186
China Harmony Auto Holding, Ltd. (A)	105,500		7,968
China Hongqiao Group, Ltd.	207,500		233,840
China Huiyuan Juice Group, Ltd. (A)(C)	212,500		13,711
China International Marine Containers Group Company, Ltd., H Shares	97,050		82,811
China Jushi Company, Ltd., Class A	30,900		44,798
China Kepei Education Group, Ltd.	68,000		13,209
China Lesso Group Holdings, Ltd.	133,000		63,073
China Lilang, Ltd.	72,000		45,586
China Maple Leaf Educational Systems, Ltd. (A)	222,000		11,211
China Meheco Company, Ltd., Class A	6,160		9,244
China Meidong Auto Holdings, Ltd.	36,000		13,903

Emerging Markets Value Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
China (continued)
China Merchants Bank Company, Ltd., H Shares	232,500	$	921,518
China Merchants Energy Shipping Company, Ltd., Class A	49,800		53,162
China Merchants Expressway Network & Technology Holdings Company, Ltd., Class A	18,500		28,680
China Merchants Property Operation & Service Company, Ltd., Class A	19,700		27,811
China Merchants Securities Company, Ltd., H Shares (B)	29,480		22,548
China Merchants Shekou Industrial Zone Holdings Company, Ltd., Class A	19,600		26,209
China Minsheng Banking Corp., Ltd., H Shares	371,400		128,713
China Modern Dairy Holdings, Ltd.	171,000		14,212
China National Accord Medicines Corp., Ltd., Class A	2,730		11,415
China National Building Material Company, Ltd., H Shares	391,450		134,736
China National Chemical Engineering Company, Ltd., Class A	40,100		36,948
China National Medicines Corp., Ltd., Class A	3,200		14,070
China National Nuclear Power Company, Ltd., Class A	132,300		163,886
China New Higher Education Group, Ltd. (B)	88,000		25,660
China Nonferrous Mining Corp., Ltd.	42,000		35,188
China Oilfield Services, Ltd., H Shares	106,000		122,001
China Oriental Group Company, Ltd.	164,000		21,810
China Pacific Insurance Group Company, Ltd., H Shares	127,200		223,150
China Petroleum & Chemical Corp., H Shares	1,878,000		1,068,067
China Railway Group, Ltd., H Shares	313,000		154,930
China Railway Signal & Communication Corp., Ltd., H Shares (B)	111,000		42,311
China Reinsurance Group Corp., H Shares	554,000		36,853
China Renaissance Holdings, Ltd. (A)(B)(C)	12,000		5,016
China Resources Double Crane Pharmaceutical Company, Ltd., Class A	6,300		17,659
China Resources Medical Holdings Company, Ltd.	103,000		51,628
China Resources Pharmaceutical Group, Ltd. (B)	166,500		106,458
China Risun Group, Ltd.	72,000		27,985
China Sanjiang Fine Chemicals Company, Ltd. (A)	105,000		22,833
China SCE Group Holdings, Ltd. (A)	229,200		3,790
China Shanshui Cement Group, Ltd. (A)	117,000		11,053
China Shenhua Energy Company, Ltd., H Shares	151,500		595,952
China Shineway Pharmaceutical Group, Ltd.	32,000		39,822
China Silver Group, Ltd. (A)	94,000		1,238
China South Publishing & Media Group Company, Ltd., Class A	14,900		26,055
China State Construction Engineering Corp., Ltd., Class A	265,600		191,910
China Sunshine Paper Holdings Company, Ltd. (A)	31,500		7,156

 

47

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Emerging Markets Value Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
China (continued)
China Taifeng Beddings Holdings, Ltd. (A)(C)	204,000	$	0
China Tower Corp., Ltd., H Shares (B)	3,970,000		456,906
China TransInfo Technology Company, Ltd., Class A (A)	9,500		13,992
China Tungsten And Hightech Materials Company, Ltd., Class A	11,180		15,505
China Vanke Company, Ltd., H Shares	148,292		102,888
China XLX Fertiliser, Ltd.	58,000		27,656
China Yongda Automobiles Services Holdings, Ltd.	101,000		28,146
China Yuhua Education Corp., Ltd. (A)(B)	162,000		15,541
China Zhenhua Group Science & Technology Company, Ltd., Class A	3,200		24,172
China Zheshang Bank Company, Ltd., H Shares	209,600		61,339
China Zhongwang Holdings, Ltd. (A)(C)	196,800		0
Chinese Universe Publishing and Media Group Company, Ltd., Class A	6,200		13,215
Chongqing Changan Automobile Company, Ltd., Class A	25,590		60,848
Chongqing Rural Commercial Bank Company, Ltd., H Shares	156,000		64,622
CITIC Securities Company, Ltd., H Shares	28,525		47,118
CITIC, Ltd.	350,130		336,995
CMGE Technology Group, Ltd. (A)	30,000		4,413
CMST Development Company, Ltd., Class A	21,400		14,094
CNGR Advanced Material Company, Ltd., Class A	2,600		18,689
CNOOC Energy Technology & Services, Ltd., Class A	33,000		15,579
CNSIG Inner Mongolia Chemical Industry Company, Ltd., Class A	20,800		21,394
COFCO Biotechnology Company, Ltd., Class A	15,200		11,867
COFCO Joycome Foods, Ltd. (A)	202,000		42,859
COFCO Sugar Holding Company, Ltd., Class A	19,500		24,792
Consun Pharmaceutical Group, Ltd.	19,000		13,600
COSCO SHIPPING Development Company, Ltd., H Shares	434,000		43,290
COSCO SHIPPING Energy Transportation Company, Ltd., H Shares	72,000		74,686
COSCO SHIPPING Holdings Company, Ltd., H Shares	252,500		265,853
CPMC Holdings, Ltd.	76,000		66,531
CRRC Corp., Ltd., H Shares	45,000		24,290
CSG Holding Company, Ltd., Class A	13,900		10,427
CT Environmental Group, Ltd. (A)(C)	164,000		0
CTS International Logistics Corp., Ltd., Class A	8,000		7,283
Daan Gene Company, Ltd., Class A	10,300		11,775
Daqin Railway Company, Ltd., Class A	35,700		36,162
DHC Software Company, Ltd., Class A	33,500		25,969
Dian Diagnostics Group Company, Ltd., Class A	2,300		5,657
Digital China Information Service Group Company, Ltd., Class A	7,800		12,472
Do-Fluoride New Materials Company, Ltd., Class A	12,400		24,544
Dongfang Electric Corp., Ltd., H Shares	18,600		19,459

Emerging Markets Value Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
China (continued)
Dongfeng Motor Group Company, Ltd., H Shares	76,000	$	31,780
Dongxing Securities Company, Ltd., Class A	12,000		13,114
Dongyue Group, Ltd.	91,000		85,425
Dynagreen Environmental Protection Group Company, Ltd., H Shares	75,000		26,827
E-Commodities Holdings, Ltd.	200,000		47,534
Edvantage Group Holdings, Ltd.	39,378		11,988
Everbright Securities Company, Ltd., H Shares (B)	25,600		16,910
Fangda Carbon New Material Company, Ltd., Class A (A)	13,200		8,770
Fangda Special Steel Technology Company, Ltd., Class A (A)	8,800		5,104
FAW Jiefang Group Company, Ltd., Class A (A)	9,300		11,612
FAWER Automotive Parts Company, Ltd., Class A	37,300		27,113
Fiberhome Telecommunication Technologies Company, Ltd., Class A	5,000		12,356
FIH Mobile, Ltd. (A)	306,000		19,964
FinVolution Group, ADR	6,795		34,247
First Capital Securities Company, Ltd., Class A	18,600		13,771
Fosun International, Ltd.	195,460		101,982
Founder Securities Company, Ltd., Class A	31,500		34,128
Fu Shou Yuan International Group, Ltd.	8,000		4,949
Fufeng Group, Ltd.	182,200		118,154
Fujian Funeng Company, Ltd., Class A	16,900		23,950
Fujian Sunner Development Company, Ltd., Class A	6,700		14,405
Gansu Energy Chemical Company, Ltd., Class A	26,100		10,580
Gansu Shangfeng Cement Company, Ltd., Class A	10,080		9,927
GCL Energy Technology Company, Ltd., Class A	11,700		17,073
GDS Holdings, Ltd., Class A (A)	69,700		57,648
GEM Company, Ltd., Class A	25,800		21,141
Gemdale Corp., Class A	16,600		8,854
Genertec Universal Medical Group Company, Ltd. (B)	99,000		54,045
GF Securities Company, Ltd., H Shares	31,200		32,338
Giant Network Group Company, Ltd., Class A	4,400		7,457
GoerTek, Inc., Class A	24,400		53,305
Goldwind Science & Technology Company, Ltd., H Shares	47,000		17,440
Gotion High-tech Company, Ltd., Class A (A)	5,500		15,458
Grand Baoxin Auto Group, Ltd. (A)	219,500		5,141
Grandjoy Holdings Group Company, Ltd., Class A (A)	22,500		8,316
Greatview Aseptic Packaging Company, Ltd. (A)	44,000		12,199
Gree Electric Appliances, Inc. of Zhuhai, Class A	20,300		110,147
Greenland Hong Kong Holdings, Ltd. (A)	88,000		2,545
Greentown China Holdings, Ltd.	102,500		81,864
Greentown Service Group Company, Ltd.	64,000		24,490
GRG Banking Equipment Company, Ltd., Class A	15,700		26,053

 

48

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Emerging Markets Value Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
China (continued)
Guangdong Dowstone Technology Company, Ltd., Class A	6,000	$	7,941
Guangdong HEC Technology Holding Company, Ltd., Class A (A)	10,900		13,076
Guangdong Tapai Group Company, Ltd., Class A	13,200		13,459
Guangdong Xinbao Electrical Appliances Holdings Company, Ltd., Class A	5,400		12,280
Guanghui Energy Company, Ltd., Class A	59,500		59,510
Guangshen Railway Company, Ltd., H Shares (A)	211,600		47,798
Guangxi Liugong Machinery Company, Ltd., Class A	12,000		13,815
Guangzhou Automobile Group Company, Ltd., H Shares	154,000		63,210
Guangzhou Baiyun International Airport Company, Ltd., Class A (A)	7,600		10,595
Guangzhou Baiyunshan Pharmaceutical Holdings Company, Ltd., H Shares	16,000		39,341
Guangzhou Great Power Energy & Technology Company, Ltd., Class A	3,300		11,759
Guangzhou Haige Communications Group, Inc. Company, Class A	17,800		25,871
Guangzhou Yuexiu Capital Holdings Group Company, Ltd., Class A	22,950		17,699
Guizhou Panjiang Refined Coal Company, Ltd., Class A	18,700		15,478
Guizhou Xinbang Pharmaceutical Company, Ltd., Class A	10,700		5,628
Guosen Securities Company, Ltd., Class A	35,700		40,950
Guotai Junan Securities Company, Ltd., H Shares (B)	34,600		37,968
Guoyuan Securities Company, Ltd., Class A	17,400		15,563
Hainan Meilan International Airport Company, Ltd., H Shares (A)	16,000		14,413
Haitian International Holdings, Ltd.	35,000		101,850
Haitong Securities Company, Ltd., H Shares	188,000		89,922
Hang Zhou Great Star Industrial Company, Ltd., Class A	4,300		14,564
Hangzhou Binjiang Real Estate Group Company, Ltd., Class A	20,300		18,858
Hangzhou Robam Appliances Company, Ltd., Class A	4,400		14,590
Han's Laser Technology Industry Group Company, Ltd., Class A	8,000		20,573
Harbin Bank Company, Ltd., H Shares (A)(B)	74,000		2,413
Harbin Electric Company, Ltd., H Shares	84,000		28,169
HBIS Resources Company, Ltd., Class A	4,700		10,724
Heilongjiang Agriculture Company, Ltd., Class A	9,100		15,180
Hello Group, Inc., ADR	12,959		80,475
Henan Mingtai Al Industrial Company, Ltd., Class A	17,600		26,857
Henan Shenhuo Coal Industry & Electricity Power Company, Ltd., Class A	8,200		21,997
Hengan International Group Company, Ltd.	43,000		135,551
Hengli Petrochemical Company, Ltd., Class A (A)	35,401		67,139

Emerging Markets Value Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
China (continued)
Hengtong Optic-electric Company, Ltd., Class A	13,900	$	23,555
Hengyi Petrochemical Company, Ltd., Class A (A)	23,800		21,147
Hesteel Company, Ltd., Class A	54,700		16,127
Hiroca Holdings, Ltd.	8,000		8,872
Hongda Xingye Company, Ltd., Class A (A)(C)	28,900		2,319
Honghua Group, Ltd. (A)	367,000		4,224
Horizon Construction Development, Ltd. (A)	6,259		1,581
Hoyuan Green Energy Company, Ltd., Class A	3,400		11,385
Hua Hong Semiconductor, Ltd. (A)(B)	46,000		89,775
Huafon Chemical Company, Ltd., Class A	46,600		42,372
Huaibei Mining Holdings Company, Ltd., Class A	19,700		44,674
Huapont Life Sciences Company, Ltd., Class A	10,700		6,353
Huatai Securities Company, Ltd., H Shares (B)	78,200		89,484
Huaxi Securities Company, Ltd., Class A	7,000		7,086
Huaxia Bank Company, Ltd., Class A	79,200		70,930
Huaxin Cement Company, Ltd., Class A	7,100		12,913
Huaxin Cement Company, Ltd., H Shares	22,800		19,936
Huayu Automotive Systems Company, Ltd., Class A	22,700		51,722
Hubei Biocause Pharmaceutical Company, Ltd., Class A	20,900		7,088
Hubei Jumpcan Pharmaceutical Company, Ltd., Class A	7,400		37,593
Hubei Xingfa Chemicals Group Company, Ltd., Class A	7,900		19,833
Huishang Bank Corp., Ltd., H Shares	63,300		19,100
Humanwell Healthcare Group Company, Ltd., Class A	12,500		33,487
Hunan TV & Broadcast Intermediary Company, Ltd., Class A	35,400		32,437
Hunan Valin Steel Company, Ltd., Class A	44,000		31,302
Hytera Communications Corp., Ltd., Class A (A)	14,800		9,546
Industrial & Commercial Bank of China, Ltd., H Shares	4,473,000		2,248,281
Industrial Bank Company, Ltd., Class A	131,700		296,265
Industrial Securities Company, Ltd., Class A	37,960		28,555
Ingdan, Inc. (B)	74,000		9,859
Inkeverse Group, Ltd. (A)	75,000		8,437
Inner Mongolia BaoTou Steel Union Company, Ltd., Class A (A)	166,200		36,579
Inner Mongolia Dian Tou Energy Corp., Ltd., Class A	8,600		19,155
Inner Mongolia ERDOS Resources Company, Ltd., Class A	8,820		13,183
Inner Mongolia Junzheng Energy & Chemical Industry Group Company, Ltd., Class A	43,700		22,074
Inner Mongolia Yuan Xing Energy Company, Ltd., Class A	18,500		14,342
Intco Medical Technology Company, Ltd., Class A	3,840		11,895

 

49

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Emerging Markets Value Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
China (continued)
JA Solar Technology Company, Ltd., Class A	18,600	$	44,726
JCET Group Company, Ltd., Class A	10,100		40,584
JD Logistics, Inc. (A)(B)	80,900		82,638
JD.com, Inc., Class A	70,950		973,213
Jiangling Motors Corp., Ltd., Class A	7,800		31,631
Jiangsu Azure Corp., Class A	9,700		10,956
Jiangsu Changshu Rural Commercial Bank Company, Ltd., Class A	18,200		17,714
Jiangsu Eastern Shenghong Company, Ltd., Class A	27,100		37,210
Jiangsu Guotai International Group Company, Ltd., Class A	7,600		7,214
Jiangsu Jiangyin Rural Commercial Bank Company, Ltd., Class A	17,900		9,116
Jiangsu Lihua Animal Husbandry Stock Company, Ltd., Class A	4,860		13,555
Jiangsu Linyang Energy Company, Ltd., Class A	13,300		11,653
Jiangsu Provincial Agricultural Reclamation and Development Corp., Class A	11,200		15,114
Jiangsu Shagang Company, Ltd., Class A	27,000		16,296
Jiangsu Shuangxing Color Plastic New Materials Company, Ltd., Class A	5,200		4,685
Jiangsu Zhangjiagang Rural Commercial Bank Company, Ltd., Class A	16,680		9,164
Jiangsu Zhongtian Technology Company, Ltd., Class A	21,300		41,475
Jiangxi Copper Company, Ltd., H Shares	68,000		116,142
Jilin Aodong Pharmaceutical Group Company, Ltd., Class A	4,700		9,343
JinkoSolar Holding Company, Ltd., ADR	3,369		84,865
Jinlei Technology Company, Ltd., Class A	3,900		11,253
Jinmao Property Services Company, Ltd.	7,552		2,125
Jinneng Holding Shanxi Coal Industry Company, Ltd., Class A	13,100		26,478
Jinneng Science&Technology Company, Ltd., Class A	8,700		8,104
Jinxin Fertility Group, Ltd. (A)(B)	87,500		27,209
Jizhong Energy Resources Company, Ltd., Class A	18,200		18,832
Joincare Pharmaceutical Group Industry Company, Ltd., Class A	11,400		17,096
Joinn Laboratories China Company, Ltd., Class A	5,180		13,290
Jointown Pharmaceutical Group Company, Ltd., Class A	16,062		17,713
Juewei Food Company, Ltd., Class A	4,400		11,711
Kangda International Environmental Company, Ltd. (A)(B)	140,000		4,647
Kasen International Holdings, Ltd. (A)	119,000		4,417
Keshun Waterproof Technologies Company, Ltd., Class A	10,700		6,825
Kingfa Sci & Tech Company, Ltd., Class A	12,500		11,883
KWG Group Holdings, Ltd. (A)	154,013		5,821
KWG Living Group Holdings, Ltd. (A)	88,506		4,138
Laobaixing Pharmacy Chain JSC, Class A	5,300		21,657
LB Group Company, Ltd., Class A	13,400		34,223
Legend Holdings Corp., H Shares (B)	66,200		50,367
Lemtech Holdings Company, Ltd.	4,000		15,806

Emerging Markets Value Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
China (continued)
Lens Technology Company, Ltd., Class A	21,100	$	39,567
Leo Group Company, Ltd., Class A (A)	58,700		18,204
Lepu Medical Technology Beijing Company, Ltd., Class A	11,400		21,772
LexinFintech Holdings, Ltd., ADR	14,967		26,941
Leyard Optoelectronic Company, Ltd., Class A	9,800		6,876
Liaoning Cheng Da Company, Ltd., Class A	7,000		9,798
Liaoning Port Company, Ltd., H Shares	204,000		15,648
Lier Chemical Company, Ltd., Class A	5,460		6,679
Lingyi iTech Guangdong Company, Class A	42,900		32,362
Longfor Group Holdings, Ltd. (B)	157,500		223,399
Lonking Holdings, Ltd.	217,000		39,675
Luenmei Quantum Company, Ltd., Class A	23,100		17,849
Luxi Chemical Group Company, Ltd., Class A	14,600		18,975
Luye Pharma Group, Ltd. (A)(B)	189,500		66,132
Maanshan Iron & Steel Company, Ltd., H Shares	108,000		15,617
Maccura Biotechnology Company, Ltd., Class A	6,800		11,793
Mango Excellent Media Company, Ltd., Class A	8,000		27,102
Maoyan Entertainment (A)(B)	19,400		23,731
Mayinglong Pharmaceutical Group Company, Ltd., Class A	5,200		15,971
Medlive Technology Company, Ltd. (B)	7,500		7,245
Metallurgical Corp. of China, Ltd., H Shares	185,000		39,512
Midea Real Estate Holding, Ltd. (B)	28,400		14,458
Ming Yang Smart Energy Group, Ltd., Class A	14,400		18,740
Minth Group, Ltd.	64,000		101,227
MLS Company, Ltd., Class A	9,700		10,444
Nanjing Iron & Steel Company, Ltd., Class A	38,000		24,349
NavInfo Company, Ltd., Class A (A)	11,700		14,316
Nayuki Holdings, Ltd. (A)	43,500		14,796
NetDragon Websoft Holdings, Ltd.	17,000		23,821
New China Life Insurance Company, Ltd., H Shares	55,300		98,070
New Hope Liuhe Company, Ltd., Class A (A)	16,500		21,402
Ninestar Corp., Class A	7,900		25,099
Ningbo Huaxiang Electronic Company, Ltd., Class A	6,500		11,498
Ningbo Joyson Electronic Corp., Class A	8,100		18,864
Ningbo Ronbay New Energy Technology Company, Ltd., Class A	4,688		17,936
Ningbo Zhoushan Port Company, Ltd., Class A	17,900		8,398
Ningxia Baofeng Energy Group Company, Ltd., Class A	15,500		33,630
Noah Holdings, Ltd., ADR	1,849		21,134
North Huajin Chemical Industries Company, Ltd., Class A	35,600		25,227
North Industries Group Red Arrow Company, Ltd., Class A	6,800		11,925
Northeast Securities Company, Ltd., Class A	10,520		9,831

 

50

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Emerging Markets Value Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
China (continued)
Offshore Oil Engineering Company, Ltd., Class A	30,700	$	27,110
Onewo, Inc., H Shares	5,500		13,842
Orient Securities Company, Ltd., H Shares (B)	42,000		16,676
Oriental Energy Company, Ltd., Class A (A)	17,400		21,424
PetroChina Company, Ltd., H Shares	1,912,000		1,639,774
PICC Property & Casualty Company, Ltd., H Shares	314,000		414,400
Ping An Bank Company, Ltd., Class A	116,600		169,356
Ping An Insurance Group Company of China, Ltd., H Shares	510,000		2,165,297
Pingdingshan Tianan Coal Mining Company, Ltd., Class A	15,000		25,385
Postal Savings Bank of China Company, Ltd., H Shares (B)	536,000		280,569
Power Construction Corp. of China, Ltd., Class A	93,400		63,860
Q Technology Group Company, Ltd. (A)	37,000		14,306
Qifu Technology, Inc., ADR	6,557		120,846
Qingdao Port International Company, Ltd., H Shares (B)	19,000		11,172
Qingdao Rural Commercial Bank Corp., Class A (A)	34,400		12,760
Qingling Motors Company, Ltd., H Shares (A)	128,000		8,844
Qinhuangdao Port Company, Ltd., H Shares	52,500		11,200
Qunxing Paper Holdings Company, Ltd. (A)(C)	634,371		0
Radiance Holdings Group Company, Ltd. (A)	23,000		5,817
Red Star Macalline Group Corp., Ltd., H Shares (B)	62,480		13,353
Redco Properties Group, Ltd. (A)(B)(C)	96,000		10,603
Renhe Pharmacy Company, Ltd., Class A	14,800		13,354
Risen Energy Company, Ltd., Class A	11,800		23,998
RiseSun Real Estate Development Company, Ltd., Class A (A)	16,000		3,365
Riyue Heavy Industry Company, Ltd., Class A	8,200		12,943
Rongsheng Petrochemical Company, Ltd., Class A	21,800		32,743
SAIC Motor Corp., Ltd., Class A	22,200		45,946
Sanan Optoelectronics Company, Ltd., Class A	13,700		23,062
Sansteel Minguang Company, Ltd., Class A	16,900		8,211
Sansure Biotech, Inc., Class A	3,136		8,293
Sany Heavy Industry Company, Ltd., Class A	23,200		46,422
Satellite Chemical Company, Ltd., Class A (A)	11,400		26,908
SDIC Capital Company, Ltd., Class A	14,700		13,004
Sealand Securities Company, Ltd., Class A	25,200		11,542
Seazen Group, Ltd. (A)	251,428		33,801
Seazen Holdings Company, Ltd., Class A (A)	14,800		20,105
SF Holding Company, Ltd., Class A	11,900		59,889
Shaanxi Coal Industry Company, Ltd., Class A	34,100		117,966
Shan Xi Hua Yang Group New Energy Company, Ltd., Class A	27,150		34,501

Emerging Markets Value Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
China (continued)
Shandong Bohui Paper Industrial Company, Ltd., Class A	7,000	$	5,416
Shandong Buchang Pharmaceuticals Company, Ltd., Class A	3,600		8,273
Shandong Chenming Paper Holdings, Ltd., H Shares (A)	41,000		8,856
Shandong Hi-Speed Road & Bridge Company, Ltd., Class A	25,300		19,116
Shandong Hualu Hengsheng Chemical Company, Ltd., Class A	9,500		33,267
Shandong Jincheng Pharmaceutical Group Company, Ltd., Class A	7,300		16,005
Shandong Linglong Tyre Company, Ltd., Class A	8,600		24,829
Shandong Nanshan Aluminum Company, Ltd., Class A	48,800		22,767
Shandong Publishing & Media Company, Ltd., Class A	6,600		10,013
Shandong Sun Paper Industry JSC, Ltd., Class A	13,600		26,553
Shandong Weigao Group Medical Polymer Company, Ltd., H Shares	172,000		107,221
Shanghai AJ Group Company, Ltd., Class A	21,300		12,976
Shanghai Bailian Group Company, Ltd., Class A	13,400		16,274
Shanghai Construction Group Company, Ltd., Class A	41,000		13,226
Shanghai Electric Group Company, Ltd., H Shares (A)	158,000		30,723
Shanghai Environment Group Company, Ltd., Class A	11,800		14,338
Shanghai Fosun Pharmaceutical Group Company, Ltd., H Shares	23,500		38,464
Shanghai International Airport Company, Ltd., Class A (A)	5,600		27,640
Shanghai Jinjiang International Hotels Company, Ltd., Class A	7,900		31,430
Shanghai Lingang Holdings Corp., Ltd., Class A	7,000		9,516
Shanghai Lujiazui Finance & Trade Zone Development Company, Ltd., Class A	6,500		7,672
Shanghai Mechanical and Electrical Industry Company, Ltd., Class A	4,400		7,249
Shanghai Pharmaceuticals Holding Company, Ltd., H Shares	60,000		86,697
Shanghai Pudong Development Bank Company, Ltd., Class A	121,600		120,723
Shanghai RAAS Blood Products Company, Ltd., Class A	29,400		28,611
Shanghai Tunnel Engineering Company, Ltd., Class A	24,000		19,911
Shanghai Yuyuan Tourist Mart Group Company, Ltd., Class A	28,200		23,419
Shanghai Zhangjiang High-Tech Park Development Company, Ltd., Class A	13,300		36,848
Shanxi Coking Coal Energy Group Company, Ltd., Class A	36,200		51,151
Shanxi Coking Company, Ltd., Class A	16,400		10,668
Shanxi Lanhua Sci-Tech Venture Company, Ltd., Class A	8,200		12,284
Shanxi Lu'an Environmental Energy Development Company, Ltd., Class A	21,300		59,120
Shanxi Meijin Energy Company, Ltd., Class A (A)	18,400		16,321

 

51

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Emerging Markets Value Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
China (continued)
Shanxi Taigang Stainless Steel Company, Ltd., Class A	40,100	$	19,642
Shanying International Holding Company, Ltd., Class A (A)	40,100		10,100
Shengjing Bank Company, Ltd., H Shares (A)(B)	17,500		2,282
Shenguan Holdings Group, Ltd.	90,000		3,395
Shengyi Technology Company, Ltd., Class A	15,400		37,410
Shenwan Hongyuan Group Company, Ltd., H Shares (B)	143,200		25,282
Shenzhen Agricultural Products Group Company, Ltd., Class A	22,100		17,917
Shenzhen Airport Company, Ltd., Class A (A)	12,200		11,349
Shenzhen Aisidi Company, Ltd., Class A	13,100		20,703
Shenzhen Everwin Precision Technology Company, Ltd., Class A (A)	6,000		8,364
Shenzhen Gas Corp., Ltd., Class A	17,200		17,375
Shenzhen Huaqiang Industry Company, Ltd., Class A	4,300		5,737
Shenzhen Jinjia Group Company, Ltd., Class A	11,500		7,115
Shenzhen Kaifa Technology Company, Ltd., Class A	8,800		16,734
Shenzhen Kedali Industry Company, Ltd., Class A	1,200		13,501
Shenzhen Kinwong Electronic Company, Ltd., Class A	9,700		26,372
Shenzhen MTC Company, Ltd., Class A	26,800		18,510
Shenzhen Overseas Chinese Town Company, Ltd., Class A (A)	44,000		16,692
Shenzhen Senior Technology Material Company, Ltd., Class A	9,000		13,790
Shenzhen Suntak Circuit Technology Company, Ltd., Class A	8,500		10,092
Shenzhen YUTO Packaging Technology Company, Ltd., Class A	2,400		8,089
Shenzhen Zhongjin Lingnan Nonfemet Company, Ltd., Class A	16,500		10,394
Shui On Land, Ltd.	390,961		33,492
Sichuan Development Lomon Company, Ltd., Class A	12,700		11,581
Sichuan Hebang Biotechnology Company, Ltd., Class A	69,000		21,971
Sichuan Kelun Pharmaceutical Company, Ltd., Class A	11,400		47,723
Sichuan Road and Bridge Group Company, Ltd., Class A	43,400		44,613
Sichuan Yahua Industrial Group Company, Ltd., Class A	2,900		4,142
Sihuan Pharmaceutical Holdings Group, Ltd.	343,000		23,259
Sinoma International Engineering Company, Class A	21,600		33,949
Sinoma Science & Technology Company, Ltd., Class A	7,900		16,487
Sinopec Engineering Group Company, Ltd., H Shares	129,000		74,385
Sinopec Shanghai Petrochemical Company, Ltd., H Shares (A)	300,000		39,517
Sinopharm Group Company, Ltd., H Shares	138,800		355,924
Sinotrans, Ltd., H Shares	242,000		118,192
Sinotruk Hong Kong, Ltd.	65,000		159,700

Emerging Markets Value Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
China (continued)
Sinotruk Jinan Truck Company, Ltd., Class A	6,000	$	13,089
SOHO China, Ltd. (A)	247,000		20,229
SooChow Securities Company, Ltd., Class A	19,110		17,803
Southwest Securities Company, Ltd., Class A	28,700		15,227
STO Express Company, Ltd., Class A (A)	13,600		15,823
Suning Universal Company, Ltd., Class A	15,000		4,339
Suning.com Company, Ltd., Class A (A)	26,300		5,751
Sunshine 100 China Holdings, Ltd. (A)(B)	77,000		237
Sunwoda Electronic Company, Ltd., Class A	9,000		17,041
Suzhou Anjie Technology Company, Ltd., Class A	7,300		14,194
Suzhou Dongshan Precision Manufacturing Company, Ltd., Class A	11,700		23,459
Suzhou Gold Mantis Construction Decoration Company, Ltd., Class A	21,200		9,801
Tangshan Jidong Cement Company, Ltd., Class A	11,000		8,128
TangShan Port Group Company, Ltd., Class A	52,100		31,446
Tangshan Sanyou Chemical Industries Company, Ltd., Class A	14,700		9,847
Tasly Pharmaceutical Group Company, Ltd., Class A	9,900		21,772
Tayho Advanced Materials Group Company, Ltd., Class A	15,100		23,510
TBEA Company, Ltd., Class A	29,380		61,529
TCL Technology Group Corp., Class A (A)	108,790		70,178
TCL Zhonghuan Renewable Energy Technology Company, Ltd., Class A	23,900		39,044
Ten Pao Group Holdings, Ltd.	80,000		12,373
Tencent Music Entertainment Group, ADR (A)	20,419		228,489
Tenwow International Holdings, Ltd. (A)(C)	121,000		0
The People's Insurance Company Group of China, Ltd., H Shares	463,000		148,017
Tian Di Science & Technology Company, Ltd., Class A	33,600		31,628
Tiande Chemical Holdings, Ltd.	24,000		3,716
Tiangong International Company, Ltd.	108,000		22,783
Tianjin Capital Environmental Protection Group Company, Ltd., H Shares	24,000		9,210
Tianjin Chase Sun Pharmaceutical Company, Ltd., Class A	20,700		11,174
Tianma Microelectronics Company, Ltd., Class A (A)	28,385		32,246
Tianneng Power International, Ltd.	78,000		73,137
Tianshan Aluminum Group Company, Ltd., Class A	25,100		22,209
Tianshui Huatian Technology Company, Ltd., Class A	26,300		28,095
Titan Wind Energy Suzhou Company, Ltd., Class A (A)	12,700		17,797
Tofflon Science & Technology Group Company, Ltd., Class A	9,400		18,870

 

52

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Emerging Markets Value Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
China (continued)
Tong Ren Tang Technologies Company, Ltd., H Shares	42,000	$	26,161
Tongdao Liepin Group (A)	16,800		6,408
TongFu Microelectronics Company, Ltd., Class A	6,800		20,858
Tongkun Group Company, Ltd., Class A (A)	12,900		23,957
Tongling Nonferrous Metals Group Company, Ltd., Class A	72,500		39,272
Tongwei Company, Ltd., Class A	26,700		91,314
Tongyu Heavy Industry Company, Ltd., Class A	32,200		10,204
Topsec Technologies Group, Inc., Class A (A)	7,000		6,783
Transfar Zhilian Company, Ltd., Class A	16,500		9,913
TravelSky Technology, Ltd., H Shares	32,000		38,815
Trigiant Group, Ltd. (A)	158,000		7,886
Trina Solar Company, Ltd., Class A	13,475		44,230
Trip.com Group, Ltd., ADR (A)	13,285		583,079
Uni-President China Holdings, Ltd.	104,000		74,043
Unisplendour Corp., Ltd., Class A (A)	11,600		35,255
Universal Scientific Industrial Shanghai Company, Ltd., Class A	10,400		19,754
Valiant Company, Ltd., Class A	3,500		6,475
Victory Giant Technology Huizhou Company, Ltd., Class A	9,400		31,842
Vipshop Holdings, Ltd., ADR	18,038		298,529
Viva Biotech Holdings (A)(B)	74,000		5,110
VNET Group, Inc., ADR (A)	7,345		11,385
Wangsu Science & Technology Company, Ltd., Class A	23,700		30,314
Wanxiang Qianchao Company, Ltd., Class A	23,700		16,106
Wasu Media Holding Company, Ltd., Class A	8,900		10,655
Weibo Corp., ADR	2,144		19,489
Weichai Power Company, Ltd., H Shares	98,000		186,995
Weifu High-Technology Group Company, Ltd., Class A	4,400		10,242
West China Cement, Ltd.	298,000		39,247
Western Securities Company, Ltd., Class A	28,800		26,934
Wingtech Technology Company, Ltd., Class A (A)	6,200		31,414
Winner Medical Company, Ltd., Class A	1,800		8,631
Wolong Electric Group Company, Ltd., Class A	10,400		25,128
Wuchan Zhongda Group Company, Ltd., Class A	41,000		24,868
Wuhu Token Science Company, Ltd., Class A	20,000		14,424
Wuxi Taiji Industry Company, Ltd., Class A (A)	16,400		15,003
XCMG Construction Machinery Company, Ltd., Class A	52,700		45,298
Xiamen Bank Company, Ltd., Class A	15,000		10,820
Xiamen C & D, Inc., Class A	9,700		13,635
Xiamen ITG Group Corp., Ltd., Class A	18,100		17,988
Xiamen Tungsten Company, Ltd., Class A	6,100		16,419
Xiamen Xiangyu Company, Ltd., Class A	17,400		15,724
Xianhe Company, Ltd., Class A	3,700		8,606
Xiaomi Corp., Class B (A)(B)	347,800		682,828

Emerging Markets Value Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
China (continued)
Xinfengming Group Company, Ltd., Class A	8,700	$	16,840
Xingda International Holdings, Ltd.	126,473		24,896
Xingfa Aluminium Holdings, Ltd.	29,000		29,063
Xinhua Winshare Publishing and Media Company, Ltd., H Shares	51,000		53,425
Xinjiang Tianshan Cement Company, Ltd., Class A	15,900		15,543
Xinjiang Zhongtai Chemical Company, Ltd., Class A	8,100		5,067
Xinte Energy Company, Ltd., H Shares (A)	28,400		37,997
Xinxing Ductile Iron Pipes Company, Ltd., Class A	33,500		17,908
Xinyi Energy Holdings, Ltd.	180,927		25,667
Xinyi Solar Holdings, Ltd.	248,000		192,570
Xinyu Iron & Steel Company, Ltd., Class A	24,700		11,933
XJ International Holdings Company, Ltd. (A)(B)	352,000		11,118
Xtep International Holdings, Ltd.	113,500		70,455
Xuji Electric Company, Ltd., Class A	5,200		17,338
Yantai Changyu Pioneer Wine Company, Ltd., Class A	3,400		10,587
Yantai Jereh Oilfield Services Group Company, Ltd., Class A	6,300		25,958
YiChang HEC ChangJiang Pharmaceutical Company, Ltd., H Shares (A)(B)	33,400		46,495
Yifan Pharmaceutical Company, Ltd., Class A (A)	5,200		7,908
Yiren Digital, Ltd., ADR (A)	5,014		22,613
Yixin Group, Ltd. (B)	153,000		12,920
Yixintang Pharmaceutical Group Company, Ltd., Class A	2,200		5,847
Yonfer Agricultural Technology Company, Ltd., Class A	5,900		8,565
YongXing Special Materials Technology Company, Ltd., Class A	2,800		18,403
Youngor Fashion Company, Ltd., Class A	10,400		10,044
YTO Express Group Company, Ltd., Class A	19,800		41,506
Yunda Holding Company, Ltd., Class A	22,200		22,071
Yunnan Aluminium Company, Ltd., Class A	18,600		35,111
Yunnan Baiyao Group Company, Ltd., Class A	6,160		43,059
Yunnan Copper Company, Ltd., Class A	10,000		17,994
Yunnan Energy New Material Company, Ltd., Class A	6,300		35,539
Yunnan Tin Company, Ltd., Class A	5,500		10,990
Zhefu Holding Group Company, Ltd., Class A	14,800		6,474
Zhejiang Century Huatong Group Company, Ltd., Class A (A)	30,600		20,157
Zhejiang China Commodities City Group Company, Ltd., Class A	28,122		34,140
Zhejiang Chint Electrics Company, Ltd., Class A	15,300		42,697
Zhejiang Crystal-Optech Company, Ltd., Class A	20,200		39,741
Zhejiang Dahua Technology Company, Ltd., Class A	13,200		34,020

 

53

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Emerging Markets Value Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
China (continued)
Zhejiang Glass Company, Ltd., H Shares (A)(C)	162,000	$	0
Zhejiang Hailiang Company, Ltd., Class A	6,500		8,184
Zhejiang Huace Film & Television Company, Ltd., Class A	11,400		14,895
Zhejiang Huayou Cobalt Company, Ltd., Class A	7,300		26,887
Zhejiang Jiahua Energy Chemical Industry Company, Ltd., Class A	8,500		9,250
Zhejiang Jingxin Pharmaceutical Company, Ltd., Class A	7,000		10,541
Zhejiang Longsheng Group Company, Ltd., Class A	17,400		20,033
Zhejiang NHU Company, Ltd., Class A	13,300		30,813
Zhejiang Orient Financial Holdings Group Company, Ltd., Class A	32,900		16,938
Zhejiang Orient Gene Biotech Company, Ltd., Class A	2,685		11,173
Zhejiang Semir Garment Company, Ltd., Class A	15,300		11,306
Zhejiang Wanliyang Company, Ltd., Class A	6,300		5,441
Zhejiang Xianju Pharmaceutical Company, Ltd., Class A	10,900		14,071
Zhejiang Xinan Chemical Industrial Group Company, Ltd., Class A	6,860		7,651
Zhengzhou Coal Mining Machinery Group Company, Ltd., H Shares	25,400		30,511
Zheshang Securities Company, Ltd., Class A	10,800		16,897
Zhong An Group, Ltd. (A)	409,000		5,180
Zhongjin Gold Corp., Ltd., Class A	18,300		31,336
Zhongshan Broad Ocean Motor Company, Ltd., Class A	20,000		13,815
Zhongsheng Group Holdings, Ltd.	55,000		95,533
Zhou Hei Ya International Holdings Company, Ltd. (A)(B)	118,500		26,219
Zhuhai Huafa Properties Company, Ltd., Class A	26,900		26,615
Zhuzhou CRRC Times Electric Company, Ltd., H Shares	24,300		77,089
Zhuzhou Kibing Group Company, Ltd., Class A	18,700		18,617
Zoomlion Heavy Industry Science and Technology Company, Ltd., H Shares	90,800		56,317
			46,119,990
Colombia - 0.1%
Almacenes Exito SA, BDR (A)	13,280		33,257
Bancolombia SA	4,172		37,029
Cementos Argos SA	12,332		27,572
Grupo Argos SA	10,071		40,085
			137,943
Cyprus - 0.0%
ASBISc Enterprises PLC	3,990		26,679
Czech Republic - 0.1%
CEZ AS	580		20,703
Komercni banka AS	5,968		213,750
Moneta Money Bank AS (B)	8,428		36,630
			271,083
Greece - 0.5%
Alpha Services and Holdings SA (A)	141,412		248,345
Bank of Greece	667		11,144
ElvalHalcor SA	5,799		12,269

Emerging Markets Value Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Greece (continued)
Eurobank Ergasias Services and Holdings SA (A)	75,170	$	144,536
Fourlis Holdings SA	3,756		17,220
HELLENiQ ENERGY Holdings SA	7,447		67,043
Intracom Holdings SA (A)	7,112		28,119
Motor Oil Hellas Corinth Refineries SA	3,657		108,897
Mytilineos SA	804		31,006
National Bank of Greece SA (A)	21,916		171,433
Piraeus Financial Holdings SA (A)	56,179		234,724
			1,074,736
Hong Kong - 2.8%
Ajisen China Holdings, Ltd.	147,000		19,158
Alibaba Pictures Group, Ltd. (A)	590,000		34,359
Anxin-China Holdings, Ltd. (A)(C)	1,648,000		0
APT Satellite Holdings, Ltd.	28,000		7,800
Beijing Energy International Holding Company, Ltd.	814,000		9,998
Beijing Enterprises Holdings, Ltd.	54,000		156,827
Beijing Enterprises Water Group, Ltd.	438,000		97,496
BOE Varitronix, Ltd.	34,000		20,547
Brilliance China Automotive Holdings, Ltd.	216,000		149,076
C C Land Holdings, Ltd.	125,126		19,820
C&D International Investment Group, Ltd.	48,730		85,133
CECEP COSTIN New Materials Group, Ltd. (A)(C)	348,000		0
CGN New Energy Holdings Company, Ltd.	150,000		39,676
China Aerospace International Holdings, Ltd.	190,000		7,284
China Aircraft Leasing Group Holdings, Ltd.	23,000		8,922
China Boton Group Company, Ltd. (A)	20,000		4,448
China Education Group Holdings, Ltd.	37,329		20,005
China Everbright Greentech, Ltd. (B)	114,000		9,627
China Everbright, Ltd.	76,000		37,834
China Fiber Optic Network System Group, Ltd. (A)(C)	150,800		0
China Foods, Ltd.	74,000		27,524
China Gas Holdings, Ltd.	254,000		229,146
China High Speed Transmission Equipment Group Company, Ltd. (A)	45,000		4,437
China Jinmao Holdings Group, Ltd.	550,021		39,454
China Longevity Group Company, Ltd. (A)(C)	93,000		4,884
China Lumena New Materials Corp. (A)(C)	50,900		0
China Medical System Holdings, Ltd.	76,000		79,850
China Merchants Land, Ltd.	260,000		9,648
China Merchants Port Holdings Company, Ltd.	93,427		112,026
China Oil & Gas Group, Ltd. (A)	600,000		15,498
China Overseas Grand Oceans Group, Ltd.	205,920		45,856
China Overseas Land & Investment, Ltd.	265,000		382,460
China Resources Building Materials Technology Holdings, Ltd.	282,000		42,939
China Resources Gas Group, Ltd.	44,100		140,725
China Resources Land, Ltd.	274,000		869,247
China State Construction International Holdings, Ltd.	44,000		48,095
China Taiping Insurance Holdings Company, Ltd.	146,800		128,693

 

54

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Emerging Markets Value Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Hong Kong (continued)
China Traditional Chinese Medicine Holdings Company, Ltd.	286,000	$	156,435
China Travel International Investment Hong Kong, Ltd.	260,000		43,572
Chu Kong Shipping Enterprises Group Company, Ltd.	26,000		2,692
CIMC Enric Holdings, Ltd.	70,000		71,357
CITIC Resources Holdings, Ltd.	488,000		25,610
Concord New Energy Group, Ltd.	690,000		54,725
COSCO SHIPPING International Hong Kong Company, Ltd.	59,625		25,604
COSCO SHIPPING Ports, Ltd.	167,235		91,825
CSSC Hong Kong Shipping Company, Ltd.	116,000		19,125
Dawnrays Pharmaceutical Holdings, Ltd.	117,000		17,490
Digital China Holdings, Ltd.	73,000		27,816
EVA Precision Industrial Holdings, Ltd.	96,000		9,093
Far East Horizon, Ltd.	169,000		125,323
GCL Technology Holdings, Ltd.	523,000		85,692
Geely Automobile Holdings, Ltd.	443,000		524,284
Gemdale Properties & Investment Corp., Ltd.	778,000		24,581
Glorious Property Holdings, Ltd. (A)	88,000		112
Goldlion Holdings, Ltd.	36,000		4,740
Goldpac Group, Ltd.	46,000		8,410
Grand Pharmaceutical Group, Ltd.	86,000		45,216
Health & Happiness H&H International Holdings, Ltd.	24,500		32,887
Hi Sun Technology China, Ltd. (A)	240,000		15,355
Hopson Development Holdings, Ltd. (A)	132,502		60,173
Hua Han Health Industry Holdings, Ltd. (A)(C)	880,000		0
IMAX China Holding, Inc. (B)	7,000		6,148
Joy City Property, Ltd.	328,000		10,071
Ju Teng International Holdings, Ltd.	130,000		17,597
Kingboard Holdings, Ltd.	73,630		150,329
Kingboard Laminates Holdings, Ltd.	17,500		12,956
Kunlun Energy Company, Ltd.	380,000		317,449
Lee & Man Chemical Company, Ltd.	12,000		4,954
Lee & Man Paper Manufacturing, Ltd.	129,000		38,984
Lee's Pharmaceutical Holdings, Ltd.	54,000		8,214
Lifestyle China Group, Ltd. (A)	42,000		3,168
LK Technology Holdings, Ltd.	37,500		15,362
LVGEM China Real Estate Investment Company, Ltd. (A)	60,000		5,222
Min Xin Holdings, Ltd.	24,000		7,024
Mingyuan Medicare Development Company, Ltd. (A)(C)	1,300,000		0
Minmetals Land, Ltd. (A)	118,000		4,000
New World Department Store China, Ltd. (A)	34,000		1,281
Nine Dragons Paper Holdings, Ltd. (A)	127,000		52,949
Orient Overseas International, Ltd.	9,000		107,733
PAX Global Technology, Ltd.	84,000		66,229
Poly Property Group Company, Ltd.	162,126		29,446
Pou Sheng International Holdings, Ltd.	223,000		19,089
Prinx Chengshan Holdings, Ltd.	18,000		15,871
Shandong Hi-Speed New Energy Group, Ltd. (A)	12,000		3,065
Shanghai Industrial Holdings, Ltd.	37,000		49,002
Shanghai Industrial Urban Development Group, Ltd. (A)	359,400		20,001
Shenzhen International Holdings, Ltd.	135,199		103,920
Shenzhen Investment, Ltd.	307,271		40,083
Shoucheng Holdings, Ltd.	64,000		11,784

Emerging Markets Value Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Hong Kong (continued)
Shougang Fushan Resources Group, Ltd.	164,565	$	56,385
Silver Grant International Holdings Group, Ltd. (A)	160,000		2,068
Sino Biopharmaceutical, Ltd.	72,000		27,841
Sinofert Holdings, Ltd. (A)	300,000		31,448
Sinopec Kantons Holdings, Ltd.	86,000		39,790
Skyworth Group, Ltd.	149,794		56,756
Sun Art Retail Group, Ltd.	171,500		34,233
Symphony Holdings, Ltd.	20,000		2,071
TCL Electronics Holdings, Ltd. (A)	114,600		41,488
The Wharf Holdings, Ltd.	59,000		193,956
Tian An China Investment Company, Ltd.	54,000		29,527
Tianjin Port Development Holdings, Ltd.	478,000		34,279
Tomson Group, Ltd.	48,142		9,416
Truly International Holdings, Ltd.	136,000		13,220
United Energy Group, Ltd.	464,000		33,254
Vinda International Holdings, Ltd.	20,000		59,976
Wasion Holdings, Ltd.	90,000		65,137
Yuexiu Property Company, Ltd.	165,908		91,545
			6,324,930
Hungary - 0.2%
MOL Hungarian Oil & Gas PLC	44,734		362,783
OTP Bank NYRT	1,021		46,999
			409,782
India - 18.5%
ACC, Ltd.	5,847		174,324
Aditya Birla Capital, Ltd. (A)	55,560		117,690
Alembic Pharmaceuticals, Ltd.	4,559		53,918
Allcargo Logistics, Ltd. (A)	32,848		28,426
Allcargo Terminals, Ltd.	8,212		5,402
Amara Raja Energy & Mobility, Ltd.	6,610		60,711
Ambuja Cements, Ltd.	38,172		281,283
Andhra Sugars, Ltd.	6,880		7,667
Apar Industries, Ltd.	799		66,573
Apollo Tyres, Ltd.	28,578		160,951
Arvind, Ltd.	12,009		38,941
Ashoka Buildcon, Ltd. (A)	22,051		41,768
Aster DM Healthcare, Ltd. (A)(B)	8,448		41,274
Aurobindo Pharma, Ltd.	29,171		382,680
Avanti Feeds, Ltd.	1,998		11,568
Axis Bank, Ltd.	188,618		2,375,639
Axis Bank, Ltd., GDR	310		19,617
Bajaj Consumer Care, Ltd.	6,744		17,187
Bajaj Holdings & Investment, Ltd.	2,095		208,927
Balmer Lawrie & Company, Ltd.	11,041		31,662
Balrampur Chini Mills, Ltd.	17,968		78,028
Bandhan Bank, Ltd. (B)	38,291		82,929
Bank of Baroda	78,610		250,064
Bank of India	19,819		32,502
Bharat Heavy Electricals, Ltd.	72,839		216,840
Birla Corp., Ltd.	2,709		46,296
Bombay Burmah Trading Company	1,557		29,331
BSE, Ltd.	1,561		47,347
Canara Bank	30,693		215,220
Ceat, Ltd.	2,623		83,946
Century Enka, Ltd.	1,383		6,656
Century Textiles & Industries, Ltd.	2,062		40,362
Chambal Fertilisers & Chemicals, Ltd.	18,708		77,170
Chennai Super Kings Cricket, Ltd. (A)(C)	207,315		5,593
Cholamandalam Financial Holdings, Ltd.	7,288		98,470
CIE Automotive India, Ltd.	17,673		97,863
Cipla, Ltd.	26,900		483,267
City Union Bank, Ltd.	27,005		43,820

 

55

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Emerging Markets Value Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
India (continued)
Cochin Shipyard, Ltd. (B)	4,326	$	45,384
Container Corp. of India, Ltd.	12,353		131,234
Coromandel International, Ltd.	4,413		57,188
Cosmo First, Ltd.	1,525		9,191
CSB Bank, Ltd. (A)	2,395		10,129
Cyient, Ltd.	3,658		87,217
Dalmia Bharat, Ltd.	4,987		116,555
DB Corp., Ltd.	6,129		19,477
DCB Bank, Ltd.	23,624		34,092
DCM Shriram, Ltd.	3,740		38,482
Deepak Fertilisers & Petrochemicals Corp., Ltd.	3,614		21,780
Delta Corp., Ltd.	4,521		5,984
Dhampur Sugar Mills, Ltd.	2,503		6,251
Dilip Buildcon, Ltd. (B)	1,316		7,209
Dish TV India, Ltd. (A)	48,852		9,876
Dishman Carbogen Amcis, Ltd. (A)	5,361		15,116
DLF, Ltd.	19,229		208,165
Dr. Reddy's Laboratories, Ltd.	1,290		95,068
Edelweiss Financial Services, Ltd.	46,814		35,878
EID Parry India, Ltd.	9,392		61,372
Electrosteel Castings, Ltd.	35,427		75,970
EPL, Ltd.	5,477		11,787
Equitas Small Finance Bank, Ltd. (B)	13,945		15,500
Exide Industries, Ltd.	26,285		96,788
FDC, Ltd. (A)	2,601		13,307
Federal Bank, Ltd.	191,615		345,531
Filatex India, Ltd.	25,766		18,254
Finolex Industries, Ltd.	25,360		75,078
Firstsource Solutions, Ltd.	16,189		38,625
Gabriel India, Ltd.	6,164		24,695
GAIL India, Ltd.	202,481		442,801
GHCL Textiles, Ltd. (A)	6,390		5,830
GHCL, Ltd.	6,390		34,063
Glenmark Pharmaceuticals, Ltd.	13,855		158,991
Godawari Power & Ispat, Ltd.	4,744		42,993
Godfrey Phillips India, Ltd.	2,008		74,697
Godrej Industries, Ltd. (A)	2,755		25,787
Granules India, Ltd.	18,305		94,949
Graphite India, Ltd.	3,611		26,182
Grasim Industries, Ltd.	20,596		570,896
Gujarat Alkalies & Chemicals, Ltd.	3,130		25,236
Gujarat Ambuja Exports, Ltd.	21,456		40,849
Gujarat Narmada Valley Fertilizers & Chemicals, Ltd.	9,725		73,174
Gujarat Pipavav Port, Ltd.	15,449		39,535
Gujarat State Fertilizers & Chemicals, Ltd.	6,962		16,411
Gujarat State Petronet, Ltd.	26,721		113,061
Hathway Cable & Datacom, Ltd. (A)	35,580		8,360
HDFC Bank, Ltd.	92,574		1,613,267
HEG, Ltd.	765		16,924
Heritage Foods, Ltd.	5,330		21,660
Hero MotoCorp, Ltd.	5,985		340,365
HFCL, Ltd.	15,595		17,189
HIL, Ltd.	308		9,630
Himadri Speciality Chemical, Ltd.	24,869		90,184
Hindalco Industries, Ltd.	128,394		869,343
Hinduja Global Solutions, Ltd.	372		3,304
Hindustan Aeronautics, Ltd.	3,171		127,427
ICICI Bank, Ltd.	178,416		2,358,093
ICICI Bank, Ltd., ADR	2,560		67,610
IDFC First Bank, Ltd. (A)	182,530		165,817
IDFC, Ltd. (A)	92,305		123,277
IIFL Finance, Ltd.	7,295		29,724

Emerging Markets Value Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
India (continued)
IIFL Securities, Ltd.	28,932	$	42,768
Indiabulls Housing Finance, Ltd.	33,338		67,162
Indiabulls Housing Finance, Ltd., Partly Paid Shares (A)	16,669		16,718
Indiabulls Real Estate, Ltd. (A)	28,092		39,335
Indian Bank	13,953		87,643
Indian Railway Finance Corp., Ltd. (B)	56,808		97,901
Indo Count Industries, Ltd.	3,259		13,863
Indus Towers, Ltd. (A)	55,200		193,177
IndusInd Bank, Ltd.	26,682		497,790
Info Edge India, Ltd.	2,902		194,251
IOL Chemicals and Pharmaceuticals, Ltd.	1,292		5,618
IRCON International, Ltd. (B)	17,211		45,287
Jagran Prakashan, Ltd. (A)	12,700		15,654
Jindal Poly Films, Ltd.	1,066		5,765
Jindal Saw, Ltd.	26,589		138,286
Jindal Stainless, Ltd.	21,977		183,179
Jindal Steel & Power, Ltd.	46,062		472,864
Jio Financial Services, Ltd. (A)	117,408		499,359
JK Lakshmi Cement, Ltd.	2,089		22,034
JK Paper, Ltd.	7,330		28,413
JK Tyre & Industries, Ltd.	8,887		46,286
JM Financial, Ltd.	33,116		29,616
JSW Energy, Ltd.	21,365		135,720
JSW Steel, Ltd.	79,922		801,673
Jubilant Pharmova, Ltd.	9,201		62,704
Kalpataru Projects International, Ltd.	9,196		117,268
Kalyani Steels, Ltd.	2,643		27,176
Kaveri Seed Company, Ltd.	1,661		12,522
Kirloskar Ferrous Industries, Ltd.	4,164		27,006
Kirloskar Oil Engines, Ltd.	3,612		37,296
KNR Constructions, Ltd.	5,559		16,448
Kolte-Patil Developers, Ltd.	3,028		16,710
KRBL, Ltd.	4,567		15,241
L&T Finance Holdings, Ltd.	74,021		141,513
Larsen & Toubro, Ltd.	32,747		1,481,517
LG Balakrishnan & Bros, Ltd.	1,757		26,899
LIC Housing Finance, Ltd.	39,247		289,675
LT Foods, Ltd.	11,217		25,151
Lupin, Ltd.	11,997		233,915
Maharashtra Seamless, Ltd.	8,424		85,343
Mahindra & Mahindra Financial Services, Ltd.	48,327		161,573
Mahindra & Mahindra, Ltd.	66,664		1,535,220
Maithan Alloys, Ltd.	902		10,593
Manappuram Finance, Ltd.	43,917		91,633
Marksans Pharma, Ltd.	15,357		28,054
Mazagon Dock Shipbuilders, Ltd.	1,867		41,726
Meghmani Organics, Ltd.	9,521		9,081
MOIL, Ltd.	12,580		42,087
MRF, Ltd.	136		218,548
Muthoot Finance, Ltd.	7,383		131,153
Natco Pharma, Ltd.	4,554		52,084
National Aluminium Company, Ltd.	84,797		156,428
Nava, Ltd.	8,719		50,831
Navneet Education, Ltd.	6,921		11,532
NCC, Ltd.	25,675		71,859
NESCO, Ltd.	1,859		18,645
Neuland Laboratories, Ltd.	358		27,488
NIIT Learning Systems, Ltd.	6,437		38,522
NIIT, Ltd.	6,437		8,152
Nilkamal, Ltd.	695		14,293
NMDC Steel, Ltd. (A)	47,542		31,456
NMDC, Ltd.	61,234		148,842

 

56

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Emerging Markets Value Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
India (continued)
NOCIL, Ltd.	7,663	$	23,123
Nuvama Wealth Management, Ltd. (A)	522		29,552
Oberoi Realty, Ltd.	6,095		107,777
Orient Cement, Ltd.	11,282		26,495
Paisalo Digital, Ltd.	30,078		21,804
PC Jeweller, Ltd. (A)	10,118		6,479
PCBL, Ltd.	15,470		49,626
Petronet LNG, Ltd.	68,687		218,147
Piramal Enterprises, Ltd.	7,074		72,166
Piramal Pharma, Ltd. (A)	34,799		53,736
PNB Housing Finance, Ltd. (A)(B)	5,239		39,541
PNC Infratech, Ltd.	5,394		28,222
Polyplex Corp., Ltd.	2,563		23,600
Power Finance Corp., Ltd.	120,296		566,290
Prestige Estates Projects, Ltd.	13,348		188,560
PTC India, Ltd.	31,315		70,044
Punjab National Bank	97,317		145,871
Quess Corp., Ltd. (B)	1,882		11,692
Rain Industries, Ltd.	22,684		40,921
Rajesh Exports, Ltd. (A)	6,037		18,997
Rallis India, Ltd.	6,940		20,858
Ramco Industries, Ltd.	4,270		10,315
Ramkrishna Forgings, Ltd.	5,365		44,692
Rashtriya Chemicals & Fertilizers, Ltd.	10,276		15,843
Raymond, Ltd.	2,380		51,665
RBL Bank, Ltd. (B)	25,675		74,435
REC, Ltd.	118,880		646,346
Redington, Ltd.	76,545		190,972
Reliance Industries, Ltd.	21,228		758,717
Reliance Industries, Ltd., GDR (B)	87,194		6,231,392
Reliance Power, Ltd. (A)	176,129		59,711
Repco Home Finance, Ltd.	7,034		33,806
Sagar Cements, Ltd.	2,218		5,557
Samvardhana Motherson International, Ltd.	178,255		251,180
Sarda Energy & Minerals, Ltd.	2,970		7,237
Sharda Cropchem, Ltd.	2,311		8,924
Shilpa Medicare, Ltd. (A)	3,711		20,429
Shipping Corp. of India Land & Assets, Ltd. (A)	14,077		6,734
Shipping Corp. of India, Ltd.	14,077		35,351
Shriram Finance, Ltd.	20,168		572,085
Siyaram Silk Mills, Ltd.	1,656		8,708
Sobha, Ltd.	3,144		54,420
State Bank of India	114,368		1,036,603
State Bank of India, GDR	3,185		288,635
Steel Authority of India, Ltd.	106,244		171,937
Strides Pharma Science, Ltd.	2,675		25,229
Sun Pharmaceutical Industries, Ltd.	21,745		425,011
Sun TV Network, Ltd.	7,964		57,083
Sundaram-Clayton DCD, Ltd. (A)(C)	444		5,437
Sunteck Realty, Ltd.	1,942		9,069
Surya Roshni, Ltd.	7,864		47,887
Tamil Nadu Newsprint & Papers, Ltd.	7,174		21,217
Tata Chemicals, Ltd.	12,388		161,367
Tata Consumer Products, Ltd.	8,548		112,945
Tata Steel, Ltd.	583,100		1,095,856
TCPL Beverages & Foods, Ltd. (A)(C)	176		1,637
Techno Electric & Engineering Company, Ltd.	5,011		46,213
The Great Eastern Shipping Company, Ltd.	12,279		147,099
The India Cements, Ltd. (A)	11,167		28,681
The Jammu & Kashmir Bank, Ltd.	20,576		33,234
The Karnataka Bank, Ltd.	29,158		78,924

Emerging Markets Value Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
India (continued)
The Karur Vysya Bank, Ltd.	52,341	$	115,174
The Ramco Cements, Ltd.	4,076		40,104
The South Indian Bank, Ltd.	168,052		55,432
Thirumalai Chemicals, Ltd.	3,185		8,952
Time Technoplast, Ltd.	13,461		40,547
TransIndia Real Estate, Ltd. (A)	8,212		4,592
Transport Corp. of India, Ltd.	3,182		31,181
Triveni Engineering & Industries, Ltd.	5,107		19,026
TV Today Network, Ltd.	1,470		3,740
TVS Holdings, Ltd. (A)	444		43,453
Uflex, Ltd.	5,261		25,670
Unichem Laboratories, Ltd. (A)	3,296		19,643
Union Bank of India, Ltd.	111,725		206,748
UPL, Ltd.	42,377		232,213
Usha Martin, Ltd.	9,317		35,847
VA Tech Wabag, Ltd. (A)	3,621		33,278
Vardhman Textiles, Ltd.	16,115		86,243
Varroc Engineering, Ltd. (A)(B)	2,965		18,280
Vedanta, Ltd.	48,318		158,693
Venky's India, Ltd.	433		8,018
Vodafone Idea, Ltd. (A)	275,824		44,100
Voltamp Transformers, Ltd.	332		38,167
Welspun Corp., Ltd.	14,025		86,475
Welspun Enterprises, Ltd.	8,780		32,004
Welspun Living, Ltd.	26,791		44,443
West Coast Paper Mills, Ltd.	3,023		21,570
Wipro, Ltd.	95,587		553,906
Wockhardt, Ltd. (A)	5,480		38,507
Yes Bank, Ltd. (A)	372,455		103,806
Zee Entertainment Enterprises, Ltd. (A)	63,894		106,896
Zee Media Corp., Ltd. (A)	54,429		6,779
Zensar Technologies, Ltd.	8,726		63,318
Zomato, Ltd. (A)	87,379		191,581
Zydus Lifesciences, Ltd.	10,658		129,903
Zydus Wellnes, Ltd.	386		6,809
			41,938,452
Indonesia - 1.5%
Ace Hardware Indonesia Tbk PT	539,700		29,960
Adaro Energy Indonesia Tbk PT	1,626,200		277,079
Adhi Karya Persero Tbk PT (A)	235,600		4,341
Alam Sutera Realty Tbk PT (A)	1,741,800		17,250
Aneka Tambang Tbk	671,800		67,865
Astra Agro Lestari Tbk PT	49,555		21,570
Astra International Tbk PT	1,762,000		572,457
Bakrie Telecom Tbk PT (A)(C)	17,557,300		27,684
Bank BTPN Syariah Tbk PT	125,100		10,698
Bank Capital Indonesia Tbk PT (A)	638,900		5,238
Bank Negara Indonesia Persero Tbk PT	596,862		222,192
Bank OCBC Nisp Tbk PT	78,500		6,785
Bank Pan Indonesia Tbk PT (A)	465,597		33,769
Bank Pembangunan Daerah Jawa Barat Dan Banten Tbk PT	303,812		23,188
Bank Pembangunan Daerah Jawa Timur Tbk PT	625,600		23,681
Bank Tabungan Negara Persero Tbk PT	498,774		48,936
Bekasi Fajar Industrial Estate Tbk PT (A)	817,800		6,606
BISI International Tbk PT	290,800		37,414
Blue Bird Tbk PT	5,500		607
Buana Lintas Lautan Tbk PT (A)(C)	1,186,800		7,785
Bukalapak.com PT Tbk (A)	4,072,400		39,045
Bukit Asam Tbk PT	380,100		71,229
Bumi Resources Minerals Tbk PT (A)	3,607,900		34,159
Bumi Resources Tbk PT (A)	4,160,100		22,032
Bumi Serpong Damai Tbk PT (A)	148,600		9,240

 

57

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Emerging Markets Value Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Indonesia (continued)
Charoen Pokphand Indonesia Tbk PT	41,000	$	13,579
Ciputra Development Tbk PT	1,127,244		92,468
Dayamitra Telekomunikasi PT	698,700		27,102
Delta Dunia Makmur Tbk PT	610,700		15,797
Elang Mahkota Teknologi Tbk PT	1,493,800		41,088
Elnusa Tbk PT	742,600		18,094
Erajaya Swasembada Tbk PT	1,113,500		30,189
Gudang Garam Tbk PT	42,600		53,473
Harum Energy Tbk PT (A)	256,000		21,791
Indah Kiat Pulp & Paper Tbk PT	279,700		168,895
Indika Energy Tbk PT	225,300		21,244
Indo Tambangraya Megah Tbk PT	34,600		58,289
Indocement Tunggal Prakarsa Tbk PT	87,900		48,537
Indofood Sukses Makmur Tbk PT	445,800		179,272
Japfa Comfeed Indonesia Tbk PT	499,770		37,516
Jaya Real Property Tbk PT	215,500		8,836
Kawasan Industri Jababeka Tbk PT (A)	2,384,099		18,796
Krakatau Steel Persero Tbk PT (A)	733,900		6,622
Lippo Karawaci Tbk PT (A)	4,020,148		17,244
Malindo Feedmill Tbk PT (A)	128,500		4,093
Medco Energi Internasional Tbk PT	877,026		79,431
Media Nusantara Citra Tbk PT	718,600		15,320
Metrodata Electronics Tbk PT	347,700		13,048
Mitra Pinasthika Mustika Tbk PT	300,400		19,614
Multipolar Tbk PT (A)	1,981,400		6,373
Pabrik Kertas Tjiwi Kimia Tbk PT	101,200		45,473
Pakuwon Jati Tbk PT	772,100		20,658
Panin Financial Tbk PT (A)	949,400		17,009
Paninvest Tbk PT (A)	116,800		6,962
Perusahaan Perkebunan London Sumatra Indonesia Tbk PT	318,000		17,950
PP Persero Tbk PT (A)	292,600		8,902
Prodia Widyahusada Tbk PT	19,800		4,872
Puradelta Lestari Tbk PT	1,584,700		16,590
Ramayana Lestari Sentosa Tbk PT	463,200		13,789
Salim Ivomas Pratama Tbk PT	670,100		16,146
Samudera Indonesia Tbk PT	784,800		15,150
Sawit Sumbermas Sarana Tbk PT	164,100		10,762
Semen Indonesia Persero Tbk PT	296,292		110,255
Sri Rejeki Isman Tbk PT (A)(C)	1,260,900		11,611
Summarecon Agung Tbk PT	627,000		20,971
Surya Citra Media Tbk PT	1,429,000		12,709
Surya Esa Perkasa Tbk PT	400,900		17,079
Suryainti Permata Tbk PT (A)(C)	1,446,000		0
Timah Tbk PT	210,500		11,016
Truba Alam Manunggal Engineering PT (A)(C)	11,991,500		0
Tunas Baru Lampung Tbk PT	554,057		23,414
United Tractors Tbk PT	169,300		258,186
Vale Indonesia Tbk PT	188,500		48,379
Waskita Karya Persero Tbk PT (A)(C)	596,656		4,561
Wijaya Karya Persero Tbk PT (A)(C)	349,400		5,289
XL Axiata Tbk PT	494,171		70,441
			3,425,695
Kuwait - 0.6%
A'ayan Leasing & Investment Company KSCP	44,736		26,490
Agility Public Warehousing Company KSC (A)	120,075		260,007
Al Ahli Bank of Kuwait KSCP	71,821		59,278
Alimtiaz Investment Group KSC (A)	14,768		2,275
Arzan Financial Group for Financing & Investment KPSC	50,076		31,743
Boubyan Petrochemicals Company KSCP	37,467		75,247

Emerging Markets Value Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Kuwait (continued)
Burgan Bank SAK	86,167	$	57,993
Combined Group Contracting Company SAK	10,000		14,268
Commercial Facilities Company SAKP	19,089		11,918
Gulf Bank KSCP	178,125		170,234
Gulf Cables & Electrical Industries Group Company KSCP	9,328		40,637
Integrated Holding Company KCSC	11,650		20,110
Kuwait Financial Centre SAK	34,781		15,052
Kuwait International Bank KSCP	105,646		58,387
Mezzan Holding Company KSCC	7,110		15,195
Mobile Telecommunications Company KSCP	192,134		306,614
National Industries Group Holding SAK	152,298		108,933
National Investments Company KSCP	29,338		25,272
Warba Bank KSCP	121,943		73,727
			1,373,380
Malaysia - 1.5%
Aeon Company M BHD	28,600		6,648
AFFIN Bank BHD	87,281		45,362
Alliance Bank Malaysia BHD	102,300		79,546
AMMB Holdings BHD	142,862		125,824
Axiata Group BHD	207,200		117,860
Bank Islam Malaysia BHD	52,500		28,538
Batu Kawan BHD	3,100		13,052
Berjaya Assets BHD (A)	77,400		5,318
Berjaya Corp. BHD (A)	465,865		29,584
Berjaya Land BHD (A)	244,400		19,392
Bumi Armada BHD (A)	383,700		46,506
Cahya Mata Sarawak BHD	52,100		10,190
CIMB Group Holdings BHD	473,164		655,451
DRB-Hicom BHD	93,400		28,822
Eastern & Oriental BHD (A)	126,400		27,003
Eco World Development Group BHD	84,300		27,062
Ekovest BHD (A)	146,600		15,198
FGV Holdings BHD	33,400		9,746
Gamuda BHD	110,905		123,509
Genting BHD	138,000		137,772
Genting Malaysia BHD	199,000		114,923
Genting Plantations BHD	22,400		29,110
Hengyuan Refining Company BHD (A)	16,800		11,432
Hiap Teck Venture BHD	118,300		9,360
Hibiscus Petroleum BHD	68,760		37,143
Hong Leong Financial Group BHD	18,299		63,406
IJM Corp. BHD	211,160		108,109
IOI Properties Group BHD	72,700		34,596
JAKS Resources BHD (A)	177,060		5,611
Jaya Tiasa Holdings BHD	58,826		17,539
Keck Seng Malaysia BHD	11,300		13,761
KNM Group BHD (A)	571,500		10,251
Kossan Rubber Industries BHD	85,200		35,284
Land & General BHD	437,820		11,520
Lotte Chemical Titan Holding BHD (A)(B)	30,231		7,222
Magnum BHD	110,314		26,572
Mah Sing Group BHD	192,300		50,429
Malayan Banking BHD	33,237		67,788
Malaysia Building Society BHD (A)	190,704		32,071
Malaysian Resources Corp. BHD	207,000		28,904
Matrix Concepts Holdings BHD	26,100		9,932
MBM Resources BHD	11,400		11,176
Mega First Corp. BHD	38,500		35,300
MISC BHD	75,300		121,755
MKH BHD	49,230		13,948

 

58

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Emerging Markets Value Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Malaysia (continued)
MKH Oil Palm East Kalimantan SDN BHD (A)(C)	7,032	$	1,144
MNRB Holdings BHD	36,891		13,941
Muhibbah Engineering M BHD (A)	103,950		17,905
Oriental Holdings BHD	35,720		47,474
OSK Holdings BHD	111,397		34,639
Pantech Group Holdings BHD	47,900		9,569
Pos Malaysia BHD (A)	30,900		3,137
PPB Group BHD	30,500		100,547
RHB Bank BHD	142,596		170,031
Sapura Energy BHD (A)	655,500		6,858
Sarawak Oil Palms BHD	11,700		7,617
Sime Darby BHD	255,000		140,191
Sime Darby Property BHD	271,300		52,736
SP Setia BHD Group	173,900		52,253
Supermax Corp. BHD	40,500		6,977
Tan Chong Motor Holdings BHD	6,300		1,205
Top Glove Corp. BHD (A)	277,600		46,934
Tropicana Corp. BHD (A)	161,380		42,552
TSH Resources BHD	114,900		27,453
UEM Edgenta BHD	32,900		6,598
UEM Sunrise BHD	169,800		43,493
United Malacca BHD	11,900		12,676
UOA Development BHD	152,100		60,114
Velesto Energy BHD (A)	428,800		26,340
WCT Holdings BHD	194,483		22,412
Yinson Holdings BHD	74,200		36,364
YNH Property BHD (A)	6,819		772
YTL Corp. BHD	82,037		45,250
			3,496,707
Mexico - 3.0%
Alfa SAB de CV, Class A	370,181		274,215
Alpek SAB de CV (A)	31,500		23,082
Banco del Bajio SA (B)	47,395		183,750
Cemex SAB de CV, Series CPO (A)	730,985		659,774
Consorcio ARA SAB de CV	25,993		4,995
Controladora AXTEL SAB DE CV (A)	370,181		5,668
Corp. Actinver SAB de CV	16,024		14,360
El Puerto de Liverpool SAB de CV, Series C1	11,379		98,733
Fomento Economico Mexicano SAB de CV	40,053		524,735
Genomma Lab Internacional SAB de CV, Class B	42,701		40,338
Gentera SAB de CV	132,851		227,799
Grupo Carso SAB de CV, Series A1	21,678		195,297
Grupo Comercial Chedraui SA de CV	8,651		69,964
Grupo Financiero Banorte SAB de CV, Series O	103,198		1,097,909
Grupo Financiero Inbursa SAB de CV, Series O (A)	97,071		299,581
Grupo KUO SAB de CV, Series B (A)	42,698		109,350
Grupo Mexico SAB de CV, Series B	190,885		1,138,536
Grupo Pochteca SAB de CV (A)	9,600		4,187
Grupo Televisa SAB, Series CPO	151,286		95,742
Grupo Traxion SAB de CV (A)(B)	23,295		43,243
Industrias CH SAB de CV, Series B (A)	18,800		215,921
Industrias Penoles SAB de CV (A)	10,071		143,747
La Comer SAB de CV	39,504		92,984
Megacable Holdings SAB de CV, Series CPO	56,817		158,387
Minera Frisco SAB de CV, Series A1 (A)	166,263		35,687
Nemak SAB de CV (A)(B)	196,961		38,810
Ollamani SAB (A)	7,564		13,718
Orbia Advance Corp. SAB de CV	73,770		154,367

Emerging Markets Value Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Mexico (continued)
Organizacion Cultiba SAB de CV (A)	17,095	$	11,884
Organizacion Soriana SAB de CV, Series B	190,849		389,832
Promotora y Operadora de Infraestructura SAB de CV	15,780		167,759
Promotora y Operadora de Infraestructura SAB de CV, L Shares	3,141		20,810
Regional SAB de CV	14,634		144,681
Vista Energy SAB de CV, ADR (A)	1,887		78,084
Vitro SAB de CV, Series A	6,357		4,152
			6,782,081
Panama - 0.0%
BAC Holding International Corp.	12,573		820
Philippines - 0.7%
ACEN Corp.	349,837		23,929
Alliance Global Group, Inc.	232,800		42,103
Ayala Corp.	10,150		115,497
Ayala Land, Inc.	44,200		25,404
BDO Unibank, Inc.	89,252		245,173
China Banking Corp.	75,528		49,002
Converge Information and Communications Technology Solutions, Inc. (A)	94,800		16,806
Cosco Capital, Inc.	388,900		34,125
DMCI Holdings, Inc.	207,300		41,922
East West Banking Corp.	74,300		12,055
Filinvest Development Corp.	119,475		12,082
Filinvest Land, Inc.	937,500		11,375
First Philippine Holdings Corp.	29,660		34,281
Global Ferronickel Holdings, Inc.	283,424		9,125
Globe Telecom, Inc.	680		21,398
GT Capital Holdings, Inc.	6,719		84,149
JG Summit Holdings, Inc.	157,922		102,352
LT Group, Inc.	159,800		28,382
Megaworld Corp.	839,700		28,676
Metropolitan Bank & Trust Company	130,973		152,113
Petron Corp.	289,400		16,482
Philex Mining Corp.	161,300		8,434
Philippine National Bank (A)	65,310		22,924
Philtown Properties, Inc. (A)(C)	3,844		105
Phoenix Petroleum Philippines, Inc. (A)	22,200		1,737
PNB Holdings Corp. (A)(C)	10,246		58
Premium Leisure Corp. (A)	815,000		12,043
Puregold Price Club, Inc.	79,400		37,863
RFM Corp.	133,500		7,738
Rizal Commercial Banking Corp.	62,703		26,172
Robinsons Land Corp.	172,268		51,187
Robinsons Retail Holdings, Inc.	16,680		11,087
San Miguel Corp.	46,220		90,398
Security Bank Corp.	27,730		33,850
Top Frontier Investment Holdings, Inc. (A)	18,024		29,044
Union Bank of the Philippines	88,427		70,863
Vista Land & Lifescapes, Inc.	569,000		16,073
			1,526,007
Poland - 0.9%
Alior Bank SA (A)	7,988		195,566
Arctic Paper SA	1,891		9,941
Asseco Poland SA	5,280		102,426
Bank Polska Kasa Opieki SA	983		44,671
Cognor Holding SA	7,020		14,887
Cyfrowy Polsat SA (A)	12,426		33,393
Enea SA (A)	29,032		68,033
Grupa Azoty SA (A)	2,904		16,203

 

59

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Emerging Markets Value Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Poland (continued)
Jastrzebska Spolka Weglowa SA (A)	4,702	$	43,706
KGHM Polska Miedz SA	8,799		251,293
Lubelski Wegiel Bogdanka SA	2,164		18,194
ORLEN SA	57,487		936,343
PGE Polska Grupa Energetyczna SA (A)	71,591		128,985
PKP Cargo SA (A)	5,709		18,681
Polimex-Mostostal SA (A)	8,593		9,023
Stalexport Autostrady SA	15,820		13,195
Tauron Polska Energia SA (A)	109,342		83,751
			1,988,291
Qatar - 0.8%
Aamal Company (A)	210,501		44,018
Alijarah Holding Company QPSC	77,548		14,555
Baladna	72,138		23,066
Barwa Real Estate Company	172,659		130,918
Commercial Bank PSQC	196,768		266,731
Doha Bank QPSC	182,415		74,698
Doha Insurance Company QSC	25,407		15,492
Estithmar Holding QPSC (A)	135,965		71,206
Gulf International Services QSC	102,379		75,606
Gulf Warehousing Company	19,525		17,455
Masraf Al Rayan QSC	352,036		229,481
Mazaya Real Estate Development QPSC	59,396		10,726
Medicare Group	30,274		35,575
Mesaieed Petrochemical Holding Company	223,749		120,550
Ooredoo QPSC	80,019		233,017
Qatar Aluminum Manufacturing Company	84,909		30,695
Qatar Insurance Company SAQ	84,113		52,013
Qatar National Cement Company QSC	33,862		33,679
Qatar Navigation QSC	59,146		171,256
Salam International Investment, Ltd., QSC	94,802		16,389
United Development Company QSC	177,150		54,995
Vodafone Qatar QSC	116,169		55,753
			1,777,874
Russia - 0.0%
Gazprom PJSC, ADR (A)(C)	196,506		19,651
LUKOIL PJSC, ADR (A)(C)	16,379		37,967
Rosneft Oil Company PJSC, GDR (London Stock Exchange) (A)(C)	1,686		307
RusHydro PJSC, ADR (A)(C)	52,278		1,255
VTB Bank PJSC, GDR (A)(C)	86,297		1,208
			60,388
Saudi Arabia - 3.9%
Al Babtain Power & Telecommunication Company	2,982		31,264
Al Jouf Agricultural Development Company	910		13,240
Al Jouf Cement Company (A)	5,694		17,211
AlAbdullatif Industrial Investment Company (A)	1,743		7,941
Al-Etihad Cooperative Insurance Company (A)	3,051		20,018
AlJazira Takaful Ta'awuni Company (A)	2,630		13,267
Alujain Corp. (A)	2,675		28,690
Amlak International Finance Company	2,768		10,330
Arab National Bank	60,610		477,734
Arabia Insurance Cooperative Company (A)	2,449		10,870
Arabian Cement Company	4,196		35,949
Arabian Shield Cooperative Insurance Company (A)	4,765		27,588

Emerging Markets Value Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Saudi Arabia (continued)
Arriyadh Development Company	5,359	$	34,297
Bank Al-Jazira (A)	39,050		208,275
Banque Saudi Fransi	45,471		472,469
City Cement Company	6,807		36,997
Dar Al Arkan Real Estate Development Company (A)	52,148		192,184
Eastern Province Cement Company	3,671		34,569
Emaar Economic City (A)	37,238		82,372
Etihad Etisalat Company	33,591		471,035
Hail Cement Company	4,570		13,787
Jazan Development and Investment Company (A)	2,068		9,581
L'Azurde Company for Jewelry	2,204		9,934
Methanol Chemicals Company (A)	2,886		12,837
Mobile Telecommunications Company Saudi Arabia	47,765		160,670
Najran Cement Company	7,837		21,501
National Industrialization Company (A)	23,414		82,640
Nayifat Finance Company (A)	5,233		19,924
Northern Region Cement Company	10,351		27,593
Rabigh Refining & Petrochemical Company (A)	27,500		54,319
Riyad Bank	9,364		74,439
Sahara International Petrochemical Company	35,187		290,368
Saudi Awwal Bank	79,835		883,584
Saudi Basic Industries Corp.	68,764		1,432,149
Saudi Ceramic Company (A)	2,221		20,165
Saudi Chemical Company Holding	34,563		64,544
Saudi Industrial Investment Group	21,658		129,222
Saudi Kayan Petrochemical Company (A)	70,876		170,457
Saudi Marketing Company	2,495		18,327
Saudi Telecom Company	15,396		162,531
Seera Group Holding (A)	16,962		128,352
SHL Finance Company	4,742		21,297
Sinad Holding Company (A)	4,643		16,530
Southern Province Cement Company	3,125		32,736
Sustained Infrastructure Holding Company	2,229		22,955
Tabuk Cement Company (A)	4,675		16,319
Taiba Investments Company (A)	3,329		32,962
The National Company for Glass Industries	912		10,230
The Saudi Investment Bank	43,032		190,017
The Saudi National Bank	201,369		2,191,703
The Savola Group	7,399		111,406
Umm Al-Qura Cement Company (A)	2,316		9,235
Yamama Cement Company	11,422		102,458
Yanbu National Petrochemical Company	15,128		150,191
			8,921,263
Singapore - 0.0%
BOC Aviation, Ltd. (B)	8,100		62,489
South Africa - 2.6%
Absa Group, Ltd.	60,222		470,172
AECI, Ltd.	11,686		57,395
African Rainbow Minerals, Ltd.	9,980		86,535
Aspen Pharmacare Holdings, Ltd.	28,333		328,452
Astral Foods, Ltd. (A)	2,733		20,457
Balwin Properties, Ltd.	6,271		623
Barloworld, Ltd.	21,853		70,470
Blue Label Telecoms, Ltd. (A)	44,582		11,014
Caxton & CTP Publishers & Printers, Ltd.	19,879		10,560
DataTec, Ltd.	21,618		43,241

 

60

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Emerging Markets Value Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
South Africa (continued)
Exxaro Resources, Ltd.	20,960	$	187,243
Grindrod, Ltd.	45,556		31,165
Harmony Gold Mining Company, Ltd.	4,173		34,506
Harmony Gold Mining Company, Ltd., ADR	27,692		226,244
Hudaco Industries, Ltd.	5,065		42,416
Impala Platinum Holdings, Ltd.	78,568		324,582
Investec, Ltd.	9,367		61,783
KAP, Ltd. (A)	257,249		35,289
Lewis Group, Ltd.	14,408		33,068
Life Healthcare Group Holdings, Ltd.	82,813		75,142
Metair Investments, Ltd. (A)	23,633		16,698
Momentum Metropolitan Holdings	107,651		115,518
Motus Holdings, Ltd.	14,065		64,949
Mpact, Ltd.	23,460		32,880
MTN Group, Ltd.	116,643		577,124
Naspers, Ltd., N Shares	857		151,917
Nedbank Group, Ltd.	30,206		364,423
Oceana Group, Ltd.	8,436		31,334
Old Mutual, Ltd.	369,175		228,904
Omnia Holdings, Ltd.	19,012		59,324
Pepkor Holdings, Ltd. (B)	136,329		135,822
PPC, Ltd. (A)	168,790		29,435
Raubex Group, Ltd.	20,799		33,999
RCL Foods, Ltd. (A)	35,643		18,788
Reunert, Ltd.	9,501		33,085
Sappi, Ltd.	61,862		164,030
Sasol, Ltd.	48,409		374,100
Sibanye Stillwater, Ltd.	166,515		190,575
Sibanye Stillwater, Ltd., ADR (D)	6,879		32,400
Standard Bank Group, Ltd.	60,439		591,299
Super Group, Ltd.	42,421		57,584
Telkom SA SOC, Ltd. (A)	37,622		59,499
The Foschini Group, Ltd.	29,021		152,802
The SPAR Group, Ltd. (A)	2,297		10,732
Thungela Resources, Ltd.	9,946		63,993
Trencor, Ltd. (A)	40,666		15,614
Wilson Bayly Holmes-Ovcon, Ltd. (A)	1,735		12,455
Zeda, Ltd. (A)	21,853		12,751
			5,782,391
South Korea - 12.9%
Advanced Process Systems Corp.	893		14,355
Aekyung Chemical Company, Ltd.	2,081		19,971
Ajin Industrial Company, Ltd.	8,098		23,964
AK Holdings, Inc.	743		8,597
AMOREPACIFIC Group	1,900		38,260
Ananti, Inc. (A)	1,993		9,505
Asia Cement Company, Ltd.	320		2,542
ASIA Holdings Company, Ltd.	241		44,223
Asia Paper Manufacturing Company, Ltd.	565		18,925
BH Company, Ltd.	1,348		16,947
Binggrae Company, Ltd.	522		21,119
BNK Financial Group, Inc.	20,556		121,776
Bookook Securities Company, Ltd.	501		9,168
Chongkundang Holdings Corp.	288		13,595
Chorokbaem Media Company, Ltd. (A)(C)	1,145		4,593
CJ CGV Company, Ltd. (A)	4,835		19,967
CJ CheilJedang Corp.	819		177,670
CJ Corp. (A)	1,674		151,858
CJ ENM Company, Ltd. (A)	847		49,320
CJ Freshway Corp. (A)	868		15,159
CJ Logistics Corp.	826		73,462
Com2uS Corp.	399		12,573

Emerging Markets Value Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
South Korea (continued)
CR Holdings Company, Ltd.	6,433	$	29,169
Cuckoo Homesys Company, Ltd.	560		9,432
Dae Won Kang Up Company, Ltd.	4,385		16,891
Daedong Corp.	860		8,654
Daehan Flour Mills Company, Ltd.	232		22,850
Daesang Corp.	2,028		29,524
Daesang Holdings Company, Ltd.	2,310		16,135
Daewoo Engineering & Construction Company, Ltd. (A)	20,805		57,671
Daewoong Company, Ltd.	1,698		26,136
Dahaam E-Tec Company, Ltd. (A)(C)	2,630		68,180
Daihan Pharmaceutical Company, Ltd.	563		11,878
Daishin Securities Company, Ltd.	3,901		45,616
Daol Investment & Securities Company, Ltd.	4,729		11,939
Daou Data Corp.	1,085		10,275
Daou Technology, Inc.	2,309		36,361
DB Financial Investment Company, Ltd.	3,849		12,199
DB HiTek Company, Ltd.	1,701		55,479
DB Insurance Company, Ltd.	3,220		230,330
DB, Inc. (A)	8,768		10,084
Deutsch Motors, Inc.	3,903		16,329
DGB Financial Group, Inc.	19,003		122,880
DL E&C Company, Ltd.	4,034		110,289
DL Holdings Company, Ltd.	1,609		62,642
DMS Company, Ltd.	3,275		16,560
DN Automotive Corp.	198		12,251
Dong-A Socio Holdings Company, Ltd.	153		13,367
Dong-A ST Company, Ltd.	332		18,433
Dongkuk CM Company, Ltd.	2,006		9,609
Dongkuk Holdings Company, Ltd.	1,068		6,490
Dongkuk Steel Mill Company, Ltd.	3,328		28,488
Dongsuh Companies, Inc.	882		11,239
Dongwha Pharm Company, Ltd.	1,912		13,506
Dongwon Development Company, Ltd.	5,212		10,441
Dongwon F&B Company, Ltd.	610		15,197
Doosan Bobcat, Inc.	4,079		163,658
Doosan Company, Ltd. (A)	554		62,300
DoubleUGames Company, Ltd.	614		19,325
Easy Holdings Company, Ltd.	3,872		9,551
EBEST Investment & Securities Company, Ltd. (A)	2,321		7,741
E-MART, Inc. (A)	1,480		75,096
Eugene Corp.	6,888		18,973
Eugene Investment & Securities Company, Ltd.	11,471		36,057
Eusu Holdings Company, Ltd.	1,407		5,919
Farmsco	2,687		6,182
Fila Holdings Corp.	1,539		43,829
GOLFZON Company, Ltd.	325		20,424
Green Cross Corp.	133		12,366
Green Cross Holdings Corp.	1,608		20,727
GS Engineering & Construction Corp. (A)	4,548		51,281
GS Global Corp.	7,813		15,509
GS Holdings Corp.	5,061		182,130
GS Retail Company, Ltd.	3,309		50,257
Gwangju Shinsegae Company, Ltd.	760		17,439
Haesung Industrial Company, Ltd.	1,128		6,545
Hana Financial Group, Inc.	21,723		950,986
Handok, Inc.	729		7,697
Handsome Company, Ltd.	1,545		22,960
Hanil Cement Company, Ltd.	1,450		13,459
Hanil Holdings Company, Ltd.	3,183		29,653
Hanjin Transportation Company, Ltd.	1,052		17,951

 

61

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Emerging Markets Value Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
South Korea (continued)
Hankook Tire & Technology Company, Ltd.	5,360	$	215,373
Hanshin Construction Company, Ltd.	1,844		9,224
Hansol Holdings Company, Ltd.	5,241		11,879
Hansol Paper Company, Ltd.	2,920		22,453
Hansol Technics Company, Ltd.	3,325		15,517
Hanwha Corp.	2,757		57,754
Hanwha Galleria Corp. (A)	5,420		5,727
Hanwha Investment & Securities Company, Ltd. (A)	8,960		26,718
Hanwha Life Insurance Company, Ltd.	34,108		73,553
Hanwha Solutions Corp.	6,382		131,051
Hanyang Eng Company, Ltd.	1,654		23,195
Harim Holdings Company, Ltd.	5,100		25,520
HD Hyundai Company, Ltd.	3,580		183,205
HD Hyundai Construction Equipment Company, Ltd.	1,613		70,168
HD Hyundai Infracore Company, Ltd. (A)	8,728		55,578
HD Korea Shipbuilding & Offshore Engineering Company, Ltd.	2,512		224,445
HDC Holdings Company, Ltd.	2,737		16,502
HDC Hyundai Development Co-Engineering & Construction, Series E	3,037		40,482
Hitejinro Holdings Company, Ltd.	995		6,668
HK inno N Corp.	1,619		45,746
HL Holdings Corp.	837		21,038
HL Mando Company, Ltd.	2,213		56,085
HMM Company, Ltd.	21,976		257,052
HS Industries Company, Ltd.	4,056		10,428
Huons Global Company, Ltd.	581		9,993
Husteel Company, Ltd.	4,748		17,645
Huvis Corp. (A)	3,715		10,937
Hwa Shin Company, Ltd.	2,283		18,249
Hyosung Corp.	540		24,967
Hyosung TNC Corp.	222		50,893
Hyundai Corp.	1,339		17,679
Hyundai Corp. Holdings, Inc.	1,811		14,347
Hyundai Department Store Company, Ltd.	1,243		47,927
Hyundai Engineering & Construction Company, Ltd.	5,407		133,704
Hyundai Futurenet Company, Ltd.	8,894		24,484
Hyundai GF Holdings	3,419		10,999
Hyundai Glovis Company, Ltd.	1,260		169,110
Hyundai Green Food	1,814		16,036
Hyundai Home Shopping Network Corp.	652		25,274
Hyundai Livart Furniture Company, Ltd. (A)	1,327		7,579
Hyundai Marine & Fire Insurance Company, Ltd.	4,678		107,144
Hyundai Mobis Company, Ltd.	3,299		640,460
Hyundai Motor Company	10,087		1,774,994
Hyundai Motor Securities Company, Ltd.	3,480		23,233
Hyundai Steel Company	6,801		160,759
Hyundai Wia Corp. (A)	1,286		54,375
Iljin Holdings Company, Ltd.	4,669		15,378
iMarketKorea, Inc.	1,985		12,581
Industrial Bank of Korea	18,712		194,085
Innocean Worldwide, Inc.	938		15,597
INTOPS Company, Ltd.	1,374		31,168
Inzi Controls Company, Ltd.	1,760		10,352
IS Dongseo Company, Ltd.	860		18,836
JB Financial Group Company, Ltd.	11,451		111,043

Emerging Markets Value Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
South Korea (continued)
Jeil Savings Bank (A)(C)	1,820	$	0
Kakao Games Corp. (A)	2,536		44,011
Kangwon Land, Inc.	3,386		41,287
KAON Group Company, Ltd.	3,123		16,590
KB Financial Group, Inc.	550		28,742
KB Financial Group, Inc., ADR (D)	25,595		1,332,732
KC Company, Ltd.	1,496		27,374
KCC Corp.	347		68,233
KCC Glass Corp.	939		28,735
KCTC	4,403		12,869
KEPCO Plant Service & Engineering Company, Ltd.	568		15,325
KG Chemical Corp.	3,995		17,687
KG Eco Technology Service Company, Ltd.	1,161		8,154
Kginicis Company, Ltd.	1,190		10,376
KGMobilians Company, Ltd.	2,700		10,381
KH Vatec Company, Ltd.	1,023		12,278
Kia Corp.	21,250		1,766,071
KISCO Corp.	4,131		28,507
KISCO Holdings Company, Ltd.	1,536		25,938
KISWIRE, Ltd.	1,688		26,609
KIWOOM Securities Company, Ltd.	1,432		131,185
Kolmar Korea Holdings Company, Ltd.	2,646		16,395
Kolon Corp.	898		11,451
Kolon Industries, Inc.	1,911		53,968
Korea Asset In Trust Company, Ltd.	9,060		21,194
Korea Circuit Company, Ltd. (A)	1,415		19,047
Korea Electric Terminal Company, Ltd.	561		25,827
Korea Flange Company, Ltd. (A)	2,801		11,394
Korea Investment Holdings Company, Ltd.	3,247		160,757
Korea Line Corp. (A)	23,137		32,926
Korea Petrochemical Industrial Company, Ltd.	231		22,732
Korea Real Estate Investment & Trust Company, Ltd.	14,635		11,217
Korea United Pharm, Inc.	287		5,097
Korea Zinc Company, Ltd.	260		87,745
Korean Air Lines Company, Ltd.	7,073		113,879
Korean Reinsurance Company (A)	13,636		84,218
Kortek Corp.	1,806		10,103
KPX Chemical Company, Ltd.	660		22,749
KSS LINE, Ltd.	3,562		22,251
KT Skylife Company, Ltd.	1,768		7,407
Kumho HT, Inc. (A)	19,985		9,546
Kumho Petrochemical Company, Ltd.	1,206		125,818
Kumho Tire Company, Inc. (A)	4,429		19,649
KUMHOE&C Company, Ltd. (A)	2,357		7,830
Kwang Dong Pharmaceutical Company, Ltd.	3,313		18,170
Kyeryong Construction Industrial Company, Ltd.	844		8,991
Kyung-In Synthetic Corp.	4,181		11,119
LF Corp.	2,312		26,445
LG Chem, Ltd.	2,982		976,025
LG Corp.	6,087		395,963
LG Display Company, Ltd., ADR (D)	38,635		158,404
LG Electronics, Inc.	9,906		712,097
LG H&H Company, Ltd.	617		177,246
LG HelloVision Company, Ltd.	3,836		10,065
LG Innotek Company, Ltd.	910		133,609
LG Uplus Corp.	18,651		139,200
Lotte Chemical Corp.	1,213		108,139
Lotte Chilsung Beverage Company, Ltd.	253		24,038

 

62

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Emerging Markets Value Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
South Korea (continued)
Lotte Corp.	2,012	$	41,610
LOTTE Fine Chemical Company, Ltd.	1,504		52,956
LOTTE Himart Company, Ltd.	1,006		7,238
Lotte Non-Life Insurance Company, Ltd. (A)	11,672		24,264
Lotte Rental Company, Ltd.	328		6,762
Lotte Shopping Company, Ltd.	881		48,134
Lotte Wellfood Company, Ltd.	95		8,655
LS Corp.	1,347		114,215
LX Hausys, Ltd.	659		19,338
LX Holdings Corp.	2,952		15,329
LX International Corp.	2,902		57,241
Mirae Asset Life Insurance Company, Ltd. (A)	8,582		28,954
Mirae Asset Securities Company, Ltd.	22,352		134,944
MK Electron Company, Ltd.	1,860		19,357
Motonic Corp.	2,259		13,644
Muhak Company, Ltd.	2,080		7,887
Namyang Dairy Products Company, Ltd.	58		25,208
Netmarble Corp. (A)(B)	1,149		53,838
Nexen Corp.	3,733		11,553
Nexen Tire Corp.	6,465		39,972
NH Investment & Securities Company, Ltd.	12,340		108,153
NHN Corp.	1,882		35,293
Nice Information & Telecommunication, Inc.	705		11,184
Nong Shim Holdings Company, Ltd.	402		20,071
NongShim Company, Ltd.	218		60,314
NOVAREX Company, Ltd.	1,637		12,241
OCI Company, Ltd.	500		31,884
OCI Holdings Company, Ltd.	1,105		77,190
Orion Holdings Corp.	2,756		28,940
Ottogi Corp.	84		24,870
Pan Ocean Company, Ltd.	26,446		83,655
Paradise Company, Ltd.	1,963		20,864
Partron Company, Ltd.	3,579		20,940
PHA Company, Ltd.	2,626		21,660
Poongsan Corp.	2,423		90,574
Poongsan Holdings Corp.	1,694		36,729
POSCO Holdings, Inc.	4,657		1,458,703
RFTech Company, Ltd. (A)	4,033		12,030
Sam Young Electronics Company, Ltd.	938		6,679
Samho Development Company, Ltd.	4,213		10,506
SAMPYO Cement Company, Ltd.	4,134		9,172
Samsung C&T Corp.	4,114		489,234
Samsung Card Company, Ltd.	2,454		70,083
Samsung Electronics Company, Ltd.	73,567		4,421,194
Samsung Fire & Marine Insurance Company, Ltd.	1,372		315,079
Samsung Life Insurance Company, Ltd.	4,195		297,593
Samsung Securities Company, Ltd.	4,810		145,449
Samyang Corp.	258		10,236
Samyang Holdings Corp.	535		28,384
Sangsangin Company, Ltd. (A)	3,653		10,348
SeAH Besteel Holdings Corp.	1,017		17,119
Sebang Company, Ltd.	1,153		10,236
Sebang Global Battery Company, Ltd.	601		35,127
Seegene, Inc.	2,081		38,062
Sejong Industrial Company, Ltd.	1,547		6,837
Sejong Telecom, Inc.	16,079		7,526
Seohee Construction Company, Ltd.	13,592		13,529
Seoul Semiconductor Company, Ltd.	3,322		25,233
Seoyon Company, Ltd.	2,508		19,031
Seoyon E-Hwa Company, Ltd.	1,694		23,452

Emerging Markets Value Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
South Korea (continued)
SFA Engineering Corp.	1,117	$	21,226
SGC Energy Company, Ltd.	744		12,403
SGC eTec E&C Company, Ltd.	231		2,743
Shin Heung Energy & Electronics Company, Ltd.	533		24,563
Shindaeyang Paper Company, Ltd.	2,670		12,355
Shinhan Financial Group Company, Ltd.	2,494		87,976
Shinhan Financial Group Company, Ltd., ADR (D)	32,928		1,168,615
Shinsegae Food Company, Ltd. (A)	268		7,488
Shinsegae International, Inc.	1,033		13,694
Shinsegae, Inc.	668		84,500
Shinyoung Securities Company, Ltd.	580		27,434
SIMMTECH HOLDINGS Company, Ltd.	3,917		7,803
SK Chemicals Company, Ltd.	769		36,131
SK Discovery Company, Ltd.	1,496		49,722
SK Gas, Ltd.	304		33,968
SK Innovation Company, Ltd. (A)	4,412		388,617
SK Networks Company, Ltd.	16,268		73,947
SK Securities Company, Ltd.	27,076		12,381
SK, Inc.	2,806		380,641
SL Corp.	1,341		31,694
SNT Holdings Company, Ltd.	1,460		24,151
SNT Motiv Company, Ltd.	882		29,459
S-Oil Corp.	3,185		184,469
Songwon Industrial Company, Ltd.	1,547		15,883
Spigen Korea Company, Ltd.	525		11,895
Sugentech, Inc. (A)	1,378		6,502
Suheung Company, Ltd.	502		8,451
Sung Kwang Bend Company, Ltd.	2,894		24,091
Sungshin Cement Company, Ltd.	2,022		13,032
Sungwoo Hitech Company, Ltd.	2,984		20,980
Sunjin Company, Ltd.	2,276		12,372
Suprema, Inc. (A)	879		15,615
Taekwang Industrial Company, Ltd.	48		27,386
The Nature Holdings Company, Ltd.	961		10,710
Tongyang Life Insurance Company, Ltd. (A)	7,644		33,091
Toptec Company, Ltd.	2,033		12,439
TS Corp.	12,730		30,613
TY Holdings Company, Ltd. (A)	2,153		5,749
Ubiquoss, Inc.	926		12,289
Uju Electronics Company, Ltd.	672		10,251
Unid Company, Ltd.	406		24,517
Value Added Technology Company, Ltd.	555		12,611
Webzen, Inc.	1,480		18,145
WiSoL Company, Ltd.	2,256		13,674
Wonik Holdings Company, Ltd. (A)	5,948		17,527
Wonik Materials Company, Ltd.	880		23,280
Woori Financial Group, Inc.	41,842		453,868
Young Poong Corp.	51		18,064
Youngone Corp.	2,509		75,481
Youngone Holdings Company, Ltd.	920		59,034
Yuanta Securities Korea Company, Ltd.	11,703		23,567
Zinus, Inc.	797		8,276
			29,374,948
Taiwan - 18.9%
Abico Avy Company, Ltd.	24,990		18,073
Ability Enterprise Company, Ltd.	31,000		25,237
AcBel Polytech, Inc.	47,000		57,182
Acer, Inc.	256,452		373,812
ACES Electronic Company, Ltd.	19,323		21,839
Acter Group Corp., Ltd.	8,000		50,520
Action Electronics Company, Ltd.	19,000		10,357

 

63

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Emerging Markets Value Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Taiwan (continued)
Adlink Technology, Inc.	6,000	$	12,840
Advanced International Multitech Company, Ltd.	13,000		28,394
Advancetek Enterprise Company, Ltd.	10,000		14,101
AGV Products Corp.	11,716		4,395
Alltek Technology Corp.	10,000		11,320
Alpha Networks, Inc.	17,000		19,179
Altek Corp.	16,000		18,150
AMPACS Corp.	7,000		11,441
AmTRAN Technology Company, Ltd. (A)	49,581		22,001
Apacer Technology, Inc.	11,000		24,085
APAQ Technology Company, Ltd.	10,000		24,639
APCB, Inc.	37,000		24,914
Apex International Company, Ltd.	7,000		8,766
Arcadyan Technology Corp.	8,000		47,870
Ardentec Corp.	45,000		115,798
Argosy Research, Inc.	7,000		39,422
ASE Technology Holding Company, Ltd.	256,000		1,242,649
Asia Cement Corp.	137,805		176,293
Asia Optical Company, Inc.	14,000		28,455
Asia Polymer Corp.	50,607		30,197
Asia Tech Image, Inc.	12,000		25,795
Asustek Computer, Inc.	49,000		648,685
Audix Corp.	21,000		45,602
AUO Corp. (A)	411,200		232,468
AVerMedia Technologies, Inc.	19,000		26,541
Axiomtek Company, Ltd.	4,000		11,394
Bank of Kaohsiung Company, Ltd. (A)	111,247		41,378
Basso Industry Corp.	8,000		10,412
BenQ Materials Corp.	13,000		13,835
BES Engineering Corp.	163,700		72,153
Bioteque Corp.	3,000		11,813
Bizlink Holding, Inc.	9,000		72,228
Brighton-Best International Taiwan, Inc.	19,000		20,073
Capital Securities Corp.	183,403		108,617
Career Technology MFG. Company, Ltd.	36,174		22,945
Catcher Technology Company, Ltd.	43,000		292,197
Cathay Financial Holding Company, Ltd. (A)	424,775		640,125
Cathay Real Estate Development Company, Ltd.	46,400		30,793
CCP Contact Probes Company, Ltd.	8,000		10,557
Celxpert Energy Corp.	12,896		10,361
Center Laboratories, Inc.	37,371		50,810
Central Reinsurance Company, Ltd.	40,463		31,480
Chang Hwa Commercial Bank, Ltd.	326,994		185,411
Chang Wah Electromaterials, Inc.	15,000		18,635
Channel Well Technology Company, Ltd.	5,000		12,427
Chant Sincere Company, Ltd.	5,000		12,174
Charoen Pokphand Enterprise	4,000		13,753
CHC Healthcare Group	8,000		15,129
Chen Full International Company, Ltd.	15,000		19,216
Cheng Loong Corp.	68,320		62,582
Cheng Mei Materials Technology Corp. (A)	39,090		16,115
Cheng Shin Rubber Industry Company, Ltd.	164,000		254,582
Cheng Uei Precision Industry Company, Ltd.	37,629		54,104
Chia Chang Company, Ltd.	8,000		11,273
Chia Hsin Cement Corp.	15,300		8,314
Chicony Electronics Company, Ltd.	28,000		193,645
China Airlines, Ltd.	264,910		161,313
China Bills Finance Corp.	95,000		44,814

Emerging Markets Value Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Taiwan (continued)
China Chemical & Pharmaceutical Company, Ltd.	34,000	$	24,227
China Development Financial Holding Corp. (A)	1,167,535		505,039
China Electric Manufacturing Corp.	20,000		10,750
China General Plastics Corp.	22,000		12,445
China Man-Made Fiber Corp. (A)	139,414		31,619
China Metal Products Company, Ltd.	26,513		30,947
China Motor Corp.	30,250		122,924
China Petrochemical Development Corp. (A)	238,245		70,198
China Steel Corp.	1,010,180		751,213
Chin-Poon Industrial Company, Ltd.	43,571		63,241
Chipbond Technology Corp.	70,000		170,417
ChipMOS Technologies, Inc.	66,938		106,703
Chong Hong Construction Company, Ltd.	19,000		52,117
Chun Yuan Steel Industry Company, Ltd.	50,874		30,543
Chung Hwa Pulp Corp.	41,000		30,000
Chunghwa Chemical Synthesis & Biotech Company, Ltd.	7,000		10,939
Clevo Company	27,000		34,523
CMC Magnetics Corp.	68,121		26,084
Compal Electronics, Inc.	325,000		389,247
Compeq Manufacturing Company, Ltd.	77,000		188,106
Concord Securities Company, Ltd.	26,000		13,424
Continental Holdings Corp.	49,050		46,287
Coremax Corp.	9,823		19,641
Coretronic Corp.	40,000		97,746
Co-Tech Development Corp.	15,000		27,349
CTBC Financial Holding Company, Ltd.	1,395,348		1,412,312
CTCI Corp.	42,000		62,046
DA CIN Construction Company, Ltd.	16,000		27,897
Da-Li Development Company, Ltd.	17,850		23,445
Darfon Electronics Corp.	16,000		31,153
Darwin Precisions Corp.	37,000		18,665
Depo Auto Parts Industrial Company, Ltd.	12,000		85,493
Dimerco Express Corp.	7,000		19,746
D-Link Corp.	50,600		29,343
Dyaco International, Inc.	5,795		5,594
Dynamic Holding Company, Ltd.	20,000		43,377
Dynapack International Technology Corp.	10,000		29,698
E.Sun Financial Holding Company, Ltd.	51,722		43,861
Eastern Media International Corp. (A)	16,000		10,075
Edom Technology Company, Ltd.	18,400		13,516
Elite Advanced Laser Corp.	7,000		16,428
Elitegroup Computer Systems Company, Ltd. (A)	42,104		40,880
Ennoconn Corp.	6,000		65,471
Ennostar, Inc. (A)	42,656		51,524
EnTie Commercial Bank Company, Ltd.	58,000		25,448
Eson Precision Ind Company, Ltd.	7,000		13,184
Eternal Materials Company, Ltd.	57,400		56,136
Eva Airways Corp.	218,725		216,024
Everest Textile Company, Ltd. (A)	64,835		16,872
Evergreen International Storage & Transport Corp.	44,600		43,567
Evergreen Marine Corp. Taiwan, Ltd.	83,662		460,474
Evergreen Steel Corp.	14,000		56,012
Everlight Chemical Industrial Corp.	49,250		30,322
Everlight Electronics Company, Ltd.	46,000		76,915
Excelsior Medical Company, Ltd.	18,271		55,050
Far Eastern Department Stores, Ltd.	77,720		72,146

 

64

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Emerging Markets Value Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Taiwan (continued)
Far Eastern International Bank	253,756	$	113,013
Far Eastern New Century Corp.	252,249		260,401
Farglory F T Z Investment Holding Company, Ltd.	6,000		10,540
Farglory Land Development Company, Ltd.	28,530		51,520
Feng Hsin Steel Company, Ltd.	21,000		46,539
First Financial Holding Company, Ltd.	634,473		547,065
First Steamship Company, Ltd. (A)	84,809		20,903
FIT Holding Company, Ltd.	16,000		21,562
Fitipower Integrated Technology, Inc.	8,200		69,178
Fittech Company, Ltd.	9,000		14,508
FLEXium Interconnect, Inc.	27,000		77,382
Flytech Technology Company, Ltd.	5,000		12,246
Formosa Advanced Technologies Company, Ltd.	25,000		28,356
Formosa Chemicals & Fibre Corp.	184,000		314,338
Formosa Laboratories, Inc.	9,543		32,529
Formosa Petrochemical Corp.	44,000		94,375
Formosa Plastics Corp.	188,000		399,927
Formosa Sumco Technology Corp.	3,000		15,432
Formosa Taffeta Company, Ltd.	67,000		46,263
Formosan Rubber Group, Inc.	29,718		22,521
Formosan Union Chemical	48,812		29,654
Foxconn Technology Company, Ltd.	64,626		131,452
Foxsemicon Integrated Technology, Inc.	4,000		37,437
Franbo Lines Corp. (A)	21,000		13,002
FSP Technology, Inc.	10,000		17,788
Fu Hua Innovation Company, Ltd.	23,970		21,120
Fubon Financial Holding Company, Ltd.	463,895		1,004,164
Fulgent Sun International Holding Company, Ltd.	11,000		42,111
Fulltech Fiber Glass Corp.	47,275		26,821
Fusheng Precision Company, Ltd.	5,000		36,790
Fwusow Industry Company, Ltd.	41,200		24,008
G Shank Enterprise Company, Ltd.	16,450		37,570
Gamania Digital Entertainment Company, Ltd.	9,000		20,420
Gemtek Technology Corp.	32,000		34,198
General Interface Solution Holding, Ltd.	29,000		54,347
Genius Electronic Optical Company, Ltd.	6,000		95,344
Getac Holdings Corp.	14,000		58,184
Giant Manufacturing Company, Ltd.	19,000		133,558
Giantplus Technology Company, Ltd.	31,000		13,569
Global Brands Manufacture, Ltd.	37,541		86,489
Global Lighting Technologies, Inc.	6,000		9,451
Global PMX Company, Ltd.	3,000		10,033
Globe Union Industrial Corp. (A)	27,525		14,540
Gloria Material Technology Corp.	39,684		61,601
Goldsun Building Materials Company, Ltd.	93,540		110,205
Gordon Auto Body Parts	10,000		11,490
Gourmet Master Company, Ltd.	6,000		17,322
Grand Pacific Petrochemical	90,295		36,961
Grape King Bio, Ltd.	10,000		50,468
Great China Metal Industry	33,000		24,643
Great Wall Enterprise Company, Ltd.	51,724		93,297
Greatek Electronics, Inc.	12,000		23,361
Hannstar Board Corp.	39,750		78,499
HannStar Display Corp. (A)	140,842		47,095
HannsTouch Holdings Company (A)	64,000		16,491
Hey Song Corp.	40,000		51,374
Highlight Tech Corp. (A)	6,000		11,133
Highwealth Construction Corp.	96,357		121,943
Hiwin Technologies Corp.	19,000		165,611

Emerging Markets Value Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Taiwan (continued)
Ho Tung Chemical Corp.	88,399	$	24,190
Hocheng Corp.	19,000		10,624
Hold-Key Electric Wire & Cable Company, Ltd.	11,000		13,224
Holiday Entertainment Company, Ltd.	8,000		21,938
Holy Stone Enterprise Company, Ltd.	10,500		31,631
Hon Hai Precision Industry Company, Ltd.	815,448		3,960,675
Hong Pu Real Estate Development Company, Ltd.	27,000		25,114
Hong TAI Electric Industrial	20,000		19,604
Horizon Securities Company, Ltd.	19,080		7,249
Hota Industrial Manufacturing Company, Ltd.	21,000		33,663
Hsin Kuang Steel Company, Ltd.	10,000		19,435
Hsing TA Cement Company, Ltd.	38,000		22,806
Hu Lane Associate, Inc.	3,000		15,524
HUA ENG Wire & Cable Company, Ltd.	14,000		13,426
Hua Nan Financial Holdings Company, Ltd.	600,096		429,284
Huaku Development Company, Ltd.	11,000		43,122
Huang Hsiang Construction Corp.	18,000		25,260
Hung Ching Development & Construction Company, Ltd.	14,000		17,365
Hung Sheng Construction, Ltd.	42,240		28,643
IBF Financial Holdings Company, Ltd.	268,707		116,721
Ichia Technologies, Inc.	25,000		27,326
I-Chiun Precision Industry Company, Ltd.	14,000		25,629
IEI Integration Corp.	12,000		30,832
Innolux Corp. (A)	565,337		268,518
Inpaq Technology Company, Ltd.	12,602		34,103
Integrated Service Technology, Inc.	9,000		34,596
International CSRC Investment Holdings Company	81,383		43,989
Inventec Corp.	95,000		173,860
Iron Force Industrial Company, Ltd.	6,000		18,362
I-Sheng Electric Wire & Cable Company, Ltd.	10,000		16,337
ITEQ Corp.	11,000		30,747
Jarllytec Company, Ltd.	5,000		40,700
Jean Company, Ltd.	21,000		17,588
Jess-Link Products Company, Ltd.	13,000		51,403
Johnson Health Tech Company, Ltd.	6,000		13,472
Kaimei Electronic Corp.	10,640		19,946
Kedge Construction Company, Ltd.	6,831		18,502
Kenda Rubber Industrial Company, Ltd.	41,496		41,680
Kerry TJ Logistics Company, Ltd.	16,000		19,396
Kindom Development Company, Ltd.	24,000		30,778
King Yuan Electronics Company, Ltd.	63,796		211,409
King's Town Bank Company, Ltd.	83,000		133,848
King's Town Construction Company, Ltd. (A)	7,300		9,968
Kinko Optical Company, Ltd.	15,758		12,701
Kinpo Electronics, Inc.	108,269		51,429
Kinsus Interconnect Technology Corp.	22,000		68,032
KMC Kuei Meng International, Inc.	3,000		13,266
KS Terminals, Inc.	9,000		19,666
Kung Long Batteries Industrial Company, Ltd.	3,000		13,124
Kung Sing Engineering Corp. (A)	49,000		20,587
Kuo Toong International Company, Ltd.	18,248		44,494
Kuo Yang Construction Company, Ltd. (A)	12,000		10,363
Kwong Lung Enterprise Company, Ltd.	7,000		13,321

 

65

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Emerging Markets Value Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Taiwan (continued)
L&K Engineering Company, Ltd.	12,297	$	87,030
Largan Precision Company, Ltd.	8,000		607,264
Lealea Enterprise Company, Ltd. (A)	93,728		26,799
Lelon Electronics Corp.	8,000		17,799
Li Peng Enterprise Company, Ltd. (A)	62,000		15,657
Lida Holdings, Ltd.	4,640		4,422
Lien Hwa Industrial Holdings Corp.	42,198		89,661
Lingsen Precision Industries, Ltd.	49,481		37,248
Lite-On Technology Corp.	105,000		348,069
Long Da Construction & Development Corp.	10,000		12,541
Longchen Paper & Packaging Company, Ltd.	66,189		30,104
Longwell Company	7,000		19,731
Lumax International Corp., Ltd.	3,600		11,357
Lung Yen Life Service Corp. (A)	9,000		11,361
Macauto Industrial Company, Ltd.	8,000		18,207
Machvision, Inc.	2,000		24,163
Macronix International Company, Ltd.	156,000		129,924
Mega Financial Holding Company, Ltd.	372,070		467,853
Mercuries & Associates Holding, Ltd. (A)	56,669		22,310
Mercuries Life Insurance Company, Ltd. (A)	87,212		13,165
Merida Industry Company, Ltd.	14,000		92,925
Merry Electronics Company, Ltd.	12,000		44,449
Micro-Star International Company, Ltd.	14,000		73,057
Mildef Crete, Inc.	6,000		16,865
Mirle Automation Corp.	10,000		14,686
Mitac Holdings Corp.	58,316		95,158
MOSA Industrial Corp.	9,738		7,107
Motech Industries, Inc.	30,000		26,502
MPI Corp.	4,000		38,076
Nak Sealing Technologies Corp.	6,000		25,225
Namchow Holdings Company, Ltd.	9,000		16,360
Nan Pao Resins Chemical Company, Ltd.	3,000		29,394
Nan Ya Plastics Corp.	302,000		519,549
Nan Ya Printed Circuit Board Corp.	14,000		86,612
Nantex Industry Company, Ltd.	28,000		29,098
Nanya Technology Corp.	95,000		200,633
Nichidenbo Corp.	15,000		27,734
Nishoku Technology, Inc.	7,800		27,671
Nuvoton Technology Corp.	8,000		31,008
O-Bank Company, Ltd.	52,538		16,305
Orient Semiconductor Electronics, Ltd.	26,000		53,201
Oriental Union Chemical Corp.	28,000		15,747
O-TA Precision Industry Company, Ltd.	4,000		11,348
Pacific Construction Company	38,289		11,712
Paiho Shih Holdings Corp.	11,550		6,639
Pan German Universal Motors, Ltd.	2,000		19,804
Pan Jit International, Inc.	13,000		23,332
Pan-International Industrial Corp.	44,481		53,150
PChome Online, Inc. (A)	6,612		7,028
PCL Technologies, Inc.	5,000		11,402
Pegatron Corp.	170,660		531,310
Phison Electronics Corp.	8,000		172,551
Posiflex Technology, Inc.	2,000		7,404
Pou Chen Corp.	164,348		186,042
Powerchip Semiconductor Manufacturing Corp. (A)	240,000		194,236
Powertech Technology, Inc.	43,000		269,898
President Securities Corp.	99,549		75,319
Primax Electronics, Ltd.	26,000		69,729
Prince Housing & Development Corp.	142,555		46,982
Prodisc Technology, Inc. (A)(C)	762,000		0

Emerging Markets Value Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Taiwan (continued)
Promate Electronic Company, Ltd.	8,000	$	22,174
Prosperity Dielectrics Company, Ltd.	6,000		8,495
Qisda Corp.	105,280		147,648
QST International Corp.	14,000		29,102
Quang Viet Enterprise Company, Ltd.	4,000		13,805
Quanta Storage, Inc.	23,000		70,425
Radiant Opto-Electronics Corp.	34,000		183,154
Radium Life Tech Company, Ltd. (A)	109,179		34,083
Rechi Precision Company, Ltd.	20,000		15,591
Rich Development Company, Ltd. (A)	51,000		16,818
Ritek Corp. (A)	57,799		14,020
Roo Hsing Company, Ltd. (A)	67,000		7,592
Ruentex Development Company, Ltd.	85,500		93,638
Ruentex Industries, Ltd.	39,424		73,434
Sampo Corp.	43,470		40,197
San Far Property, Ltd.	28,964		23,258
Sanyang Motor Company, Ltd.	42,000		100,560
Savior Lifetec Corp.	33,000		20,209
SDI Corp.	5,000		15,005
Sercomm Corp.	16,000		72,031
Sesoda Corp.	13,064		12,635
Shan-Loong Transportation Company, Ltd.	23,000		19,365
Sheng Yu Steel Company, Ltd.	22,000		19,774
ShenMao Technology, Inc.	8,000		15,930
Shih Wei Navigation Company, Ltd.	26,332		15,178
Shihlin Electric & Engineering Corp.	18,000		157,548
Shin Kong Financial Holding Company, Ltd. (A)	870,344		219,121
Shin Zu Shing Company, Ltd.	8,000		44,990
Shining Building Business Company, Ltd. (A)	55,118		16,783
Shinkong Insurance Company, Ltd.	27,000		71,178
Shinkong Synthetic Fibers Corp.	132,239		64,859
Shuttle, Inc. (A)	25,000		14,991
Sigurd Microelectronics Corp.	47,773		107,450
Simplo Technology Company, Ltd.	8,000		112,813
Sincere Navigation Corp.	24,000		18,267
Sinher Technology, Inc.	8,000		8,337
Sinmag Equipment Corp.	3,000		14,909
Sinon Corp.	25,650		31,348
SinoPac Financial Holdings Company, Ltd.	760,461		510,699
Sinphar Pharmaceutical Company, Ltd.	10,000		11,404
Sinyi Realty, Inc.	13,000		12,431
Sirtec International Company, Ltd.	23,800		26,111
Siward Crystal Technology Company, Ltd.	20,000		21,637
Soft-World International Corp.	4,000		17,823
Solar Applied Materials Technology Corp.	20,000		30,976
Speed Tech Corp.	6,000		11,359
Sports Gear Company, Ltd.	8,000		18,548
St. Shine Optical Company, Ltd.	4,000		23,697
Standard Chemical & Pharmaceutical Company, Ltd.	2,000		4,138
Sunny Friend Environmental Technology Company, Ltd.	4,000		12,244
Sunrex Technology Corp.	11,678		23,251
Supreme Electronics Company, Ltd.	28,000		64,748
Swancor Holding Company, Ltd.	4,000		15,681
Symtek Automation Asia Company, Ltd.	3,000		11,385
Syncmold Enterprise Corp.	6,000		16,722
Synmosa Biopharma Corp.	18,000		22,248
Synnex Technology International Corp.	87,000		212,991

 

66

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Emerging Markets Value Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Taiwan (continued)
Systex Corp.	10,000	$	37,039
T3EX Global Holdings Corp.	7,000		21,119
TA Chen Stainless Pipe	120,579		139,886
Ta Ya Electric Wire & Cable	9,000		12,434
TA-I Technology Company, Ltd.	8,000		11,850
Taichung Commercial Bank Company, Ltd.	220,885		117,672
TaiDoc Technology Corp.	4,000		19,502
Taiflex Scientific Company, Ltd.	24,100		35,092
Tainan Spinning Company, Ltd.	95,638		45,855
Taishin Financial Holding Company, Ltd.	825,464		462,919
Taita Chemical Company, Ltd.	27,818		13,298
TAI-TECH Advanced Electronics Company, Ltd.	5,000		18,923
Taiwan Business Bank	482,470		239,698
Taiwan Cement Corp.	363,325		359,604
Taiwan Chinsan Electronic Industrial Company, Ltd.	14,852		16,573
Taiwan Cooperative Financial Holding Company, Ltd.	485,422		394,019
Taiwan Fertilizer Company, Ltd.	52,000		102,869
Taiwan Fire & Marine Insurance Company, Ltd.	41,000		33,689
Taiwan FU Hsing Industrial Company, Ltd.	21,000		35,516
Taiwan Glass Industry Corp. (A)	80,319		43,049
Taiwan Hon Chuan Enterprise Company, Ltd.	29,000		132,390
Taiwan Hopax Chemicals Manufacturing Company, Ltd.	10,000		12,022
Taiwan Kolin Company, Ltd. (A)(C)	327,000		0
Taiwan Navigation Company, Ltd.	19,000		20,498
Taiwan Paiho, Ltd.	20,000		35,871
Taiwan PCB Techvest Company, Ltd.	36,000		49,217
Taiwan Sakura Corp.	5,000		13,132
Taiwan Semiconductor Company, Ltd.	18,000		42,346
Taiwan Shin Kong Security Company, Ltd.	17,000		21,806
Taiwan Styrene Monomer	38,000		15,971
Taiwan Surface Mounting Technology Corp.	26,225		86,443
Taiwan Union Technology Corp.	14,000		80,155
Taiyen Biotech Company, Ltd.	26,137		27,731
Tatung Company, Ltd. (A)	94,000		169,494
TBI Motion Technology Company, Ltd.	12,000		14,209
TCI Company, Ltd.	11,000		53,457
Te Chang Construction Company, Ltd.	5,000		11,431
Teco Electric & Machinery Company, Ltd.	109,000		194,472
Test Research, Inc.	13,000		34,818
The Ambassador Hotel	29,000		55,356
The Shanghai Commercial & Savings Bank, Ltd.	257,823		388,659
Thinking Electronic Industrial Company, Ltd.	4,000		20,754
Thye Ming Industrial Company, Ltd.	24,800		57,853
Ton Yi Industrial Corp.	97,000		43,334
Tong Hsing Electronic Industries, Ltd.	17,260		79,297
Tong Yang Industry Company, Ltd.	40,627		158,696
Tong-Tai Machine & Tool Company, Ltd.	26,588		19,594
TOPBI International Holdings, Ltd. (A)	8,077		2,484
Topco Scientific Company, Ltd.	8,000		54,625
Topkey Corp.	6,000		36,370
Topoint Technology Company, Ltd.	29,190		26,171

Emerging Markets Value Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Taiwan (continued)
TPK Holding Company, Ltd.	41,000	$	47,277
Transcend Information, Inc.	9,000		24,992
Tripod Technology Corp.	28,000		178,858
Tsann Kuen Enterprise Company, Ltd.	4,911		5,687
TSC Auto ID Technology Company, Ltd.	2,000		15,070
TSRC Corp.	50,000		36,394
Tung Ho Steel Enterprise Corp.	61,640		132,267
Tung Thih Electronic Company, Ltd.	3,000		11,300
TURVO International Company, Ltd.	4,000		16,139
TXC Corp.	23,000		82,198
TYC Brother Industrial Company, Ltd.	15,511		26,162
Tycoons Group Enterprise (A)	26,706		9,058
Tyntek Corp.	36,000		20,256
U-Ming Marine Transport Corp.	38,000		63,972
Unimicron Technology Corp.	29,000		172,410
Union Bank of Taiwan	154,915		72,827
Unitech Printed Circuit Board Corp.	78,985		65,786
United Microelectronics Corp.	861,794		1,399,590
United Orthopedic Corp.	4,000		12,179
United Renewable Energy Company, Ltd.	30,000		10,689
Universal Cement Corp.	28,307		27,886
UPC Technology Corp.	89,751		37,163
Userjoy Technology Company, Ltd.	5,000		13,019
USI Corp.	80,996		40,364
Utechzone Company, Ltd.	5,000		12,800
Vanguard International Semiconductor Corp.	25,000		66,261
Viking Tech Corp.	7,000		10,832
Wafer Works Corp.	41,000		49,728
Wah Lee Industrial Corp.	20,520		72,104
Walsin Lihwa Corp.	177,589		207,498
Walsin Technology Corp.	25,000		87,051
Walton Advanced Engineering, Inc.	39,584		22,076
Wan Hai Lines, Ltd.	58,800		81,033
Wei Chuan Foods Corp.	33,000		19,380
Weikeng Industrial Company, Ltd.	25,000		24,840
Well Shin Technology Company, Ltd.	15,000		26,726
Win Semiconductors Corp.	19,000		86,402
Winbond Electronics Corp.	329,528		278,036
Winstek Semiconductor Company, Ltd.	6,000		23,744
Wintek Corp. (A)(C)	543,000		0
Wisdom Marine Lines Company, Ltd.	36,343		66,935
Wistron Corp.	135,291		509,652
Wistron NeWeb Corp.	12,858		62,085
Wonderful Hi-Tech Company, Ltd.	11,000		12,521
WPG Holdings, Ltd.	149,400		448,252
WT Microelectronics Company, Ltd.	49,646		232,833
Xxentria Technology Materials Corp.	8,800		20,249
Yageo Corp.	21,946		407,237
Yang Ming Marine Transport Corp.	152,000		209,851
YC INOX Company, Ltd.	40,104		31,458
Yea Shin International Development Company, Ltd.	26,458		32,412
Yem Chio Company, Ltd.	42,717		25,037
Yeong Guan Energy Technology Group Company, Ltd. (A)	13,553		22,187
YFY, Inc.	117,202		109,208
Yieh Phui Enterprise Company, Ltd.	72,343		34,501
Young Fast Optoelectronics Company, Ltd. (A)	14,000		26,850
Youngtek Electronics Corp.	17,000		38,372
Yuanta Financial Holding Company, Ltd.	733,159		689,827
Yulon Motor Company, Ltd.	59,632		127,095
YungShin Global Holding Corp.	8,000		12,024

 

67

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Emerging Markets Value Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Taiwan (continued)
Zeng Hsing Industrial Company, Ltd.	4,297	$	13,291
Zenitron Corp.	28,000		30,803
Zero One Technology Company, Ltd.	11,000		25,073
Zhen Ding Technology Holding, Ltd.	56,000		218,713
Zig Sheng Industrial Company, Ltd. (A)	38,908		17,989
Zinwell Corp. (A)	15,000		9,893
Zippy Technology Corp.	7,000		11,703
Zyxel Group Corp.	30,540		45,822
			42,941,603
Thailand - 1.7%
AAPICO Hitech PCL	35,352		21,229
AP Thailand PCL	223,670		66,237
Bangchak Corp. PCL	91,600		111,829
Bangkok Bank PCL	53,800		205,117
Bangkok Bank PCL, NVDR	14,500		55,283
Bangkok Commercial Asset Management PCL	46,300		12,645
Bangkok Insurance PCL	3,050		24,993
Bangkok Land PCL (A)	1,059,200		19,747
Bangkok Life Assurance PCL, NVDR	18,200		8,831
Bangkok Ranch PCL (A)	92,300		6,527
Banpu PCL	535,067		80,763
Berli Jucker PCL	86,900		58,137
Cal-Comp Electronics Thailand PCL	145,292		9,885
Charoen Pokphand Foods PCL	377,100		188,360
GFPT PCL	43,900		14,684
Indorama Ventures PCL	130,000		85,282
IRPC PCL	943,100		49,188
Italian-Thai Development PCL (A)(C)	477,400		7,229
Kasikornbank PCL, NVDR	28,200		95,876
Khon Kaen Sugar Industry PCL	192,600		12,459
Kiatnakin Phatra Bank PCL	19,400		27,673
Krung Thai Bank PCL	207,700		95,748
LPN Development PCL	52,900		5,133
Millcon Steel PCL (A)	167,887		1,243
Polyplex Thailand PCL	14,000		3,761
Precious Shipping PCL	66,500		13,987
Pruksa Holding PCL	78,800		25,055
PTT Exploration & Production PCL	77,400		317,391
PTT Global Chemical PCL	115,500		120,552
PTT PCL	861,000		792,176
Quality Houses PCL	377,100		22,737
Regional Container Lines PCL	30,000		15,080
Rojana Industrial Park PCL	113,100		23,277
Saha-Union PCL	16,100		14,123
Sansiri PCL	1,026,866		47,872
SC Asset Corp. PCL	238,196		24,307
SCB X PCL	42,400		132,548
Siam City Cement PCL	4,900		18,803
Sino-Thai Engineering & Construction PCL	94,900		25,397
Somboon Advance Technology PCL	51,300		23,345
SPCG PCL	58,900		18,409
Sri Trang Agro-Industry PCL	84,800		45,371
Srithai Superware PCL	283,000		9,311
Star Petroleum Refining PCL (A)	100,000		24,194
STP & I PCL (A)	21,600		1,906
Supalai PCL	123,100		71,242
Super Energy Corp. PCL (A)	743,000		6,098
Syntec Construction PCL	156,500		7,947
Thai Oil PCL	92,873		149,981
Thai Stanley Electric PCL	2,500		13,976
Thai Union Group PCL	225,600		89,120
Thanachart Capital PCL	27,300		38,551
The Lanna Resources PCL	44,200		16,971

Emerging Markets Value Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Thailand (continued)
The Siam Cement PCL	36,600	$	256,106
Thoresen Thai Agencies PCL	75,500		13,610
TMBThanachart Bank PCL	1,347,695		67,253
TPI Polene PCL	559,900		20,874
TPI Polene Power PCL	283,200		25,615
True Corp. PCL (A)	355,202		75,052
			3,836,096
Turkey - 1.0%
Akbank TAS	273,631		395,705
Aksa Enerji Uretim AS	17,327		18,850
Alarko Holding AS	3,314		13,534
Albaraka Turk Katilim Bankasi AS (A)	184,260		24,848
Anadolu Efes Biracilik Ve Malt Sanayii AS	8,679		40,568
Bera Holding AS	48,358		30,917
Dogan Sirketler Grubu Holding AS	104,285		43,150
Eczacibasi Yatirim Holding Ortakligi AS	1		4
EIS Eczacibasi Ilac ve Sinai ve Finansal Yatirimlar Sanayi ve Ticaret AS	12,278		19,207
Enka Insaat ve Sanayi AS	76,018		80,970
Eregli Demir ve Celik Fabrikalari TAS (A)	76,335		99,455
Goldas Kuyumculuk Sanayi Ithalat Ve Bagli Ortakliklari (A)(C)	54,846		160
Gozde Girisim Sermayesi Yatirim Ortakligi AS (A)	28,775		20,484
GSD Holding AS	173,611		21,451
KOC Holding AS	65,109		409,599
Sekerbank Turk AS	78,958		10,126
TAV Havalimanlari Holding AS (A)	11,684		64,322
Tekfen Holding AS	15,803		20,155
Turk Hava Yollari AO (A)	48,082		442,638
Turkiye Garanti Bankasi AS	32,122		70,976
Turkiye Is Bankasi AS, Class C	449,051		155,804
Turkiye Sinai Kalkinma Bankasi AS (A)	141,027		36,915
Turkiye Sise ve Cam Fabrikalari AS	68,317		96,043
Turkiye Vakiflar Bankasi TAO, Class D (A)	50,235		22,946
Uzel Makina Sanayii AS (A)(C)	22,930		0
Vestel Elektronik Sanayi ve Ticaret AS (A)	6,172		16,227
Yapi ve Kredi Bankasi AS	201,012		170,878
Zorlu Enerji Elektrik Uretim AS (A)	172,383		30,265
			2,356,197
United Arab Emirates - 1.3%
Abu Dhabi Commercial Bank PJSC	236,700		541,221
Abu Dhabi National Hotels	157,983		27,768
Agthia Group PJSC	14,633		23,398
Al Seer Marine Supplies & Equipment Company LLC (A)	4,350		6,496
Aldar Properties PJSC	171,981		258,547
Amanat Holdings PJSC	77,820		22,906
Amlak Finance PJSC (A)	70,121		15,943
Dana Gas PJSC	521,590		92,024
Deyaar Development PJSC (A)	121,075		26,686
Dubai Investments PJSC	195,034		121,583
Emaar Development PJSC	41,005		91,544
Emaar Properties PJSC	492,049		1,091,994
Emirates NBD Bank PJSC	103,921		489,678
EMSTEEL Building Materials PJSC (A)	127,736		51,820
Eshraq Investments PJSC (A)	138,023		10,600
Islamic Arab Insurance Company (A)	45,511		4,548
Multiply Group PJSC (A)	213,931		130,534
RAK Properties PJSC	77,735		27,745
Ras Al Khaimah Ceramics	24,868		18,486

 

68

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Emerging Markets Value Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
United Arab Emirates (continued)
SHUAA Capital PSC (A)	76,875	$	2,394
			3,055,915
United Kingdom - 0.1%
AngloGold Ashanti PLC (D)	6,663		147,919
United States - 0.0%
Nexteer Automotive Group, Ltd.	95,000		44,751
TOTAL COMMON STOCKS (Cost $222,552,778)		$	221,226,093
PREFERRED SECURITIES - 2.2%
Brazil - 2.2%
Banco ABC Brasil SA	10,353		50,017
Banco ABC Brasil SA (A)	360		1,756
Banco Bradesco SA	249,976		710,742
Banco do Estado do Rio Grande do Sul SA, B Shares	22,600		60,157
Eucatex SA Industria e Comercio	4,200		14,446
Gerdau SA	86,494		382,854
Marcopolo SA	41,040		61,698
Petroleo Brasileiro SA	483,006		3,597,939
Randon SA Implementos e Participacoes	14,672		37,650
Usinas Siderurgicas de Minas Gerais SA, A Shares	31,168		62,207
			4,979,466
Colombia - 0.0%
Bancolombia SA	2,754		23,415
Grupo Argos SA	23,975		69,986
Grupo de Inversiones Suramericana SA	9,424		45,226
			138,627
India - 0.0%
Sundaram-Clayton, Ltd. (A)(C)	51		12
Philippines - 0.0%
Cebu Air, Inc., 6.000%	15,189		9,240
TOTAL PREFERRED SECURITIES (Cost $4,482,759)		$	5,127,345

Emerging Markets Value Trust (continued)

	Shares or Principal Amount	Value
WARRANTS - 0.0%
Grupo Casas Bahia SA (Expiration Date: 9-19-24; Strike Price: BRL 20.00) (A)	50,745	$	202
TOTAL WARRANTS (Cost $0)		$	202
SHORT-TERM INVESTMENTS - 0.7%
Short-term funds - 0.7%
John Hancock Collateral Trust, 5.2975% (E)(F)	152,294		1,522,546
TOTAL SHORT-TERM INVESTMENTS (Cost $1,523,058)		$	1,522,546
Total Investments (Emerging Markets Value Trust) (Cost $228,558,595) - 100.3%		$	227,876,186
Other assets and liabilities, net - (0.3%)			(675,601)
TOTAL NET ASSETS - 100.0%		$	227,200,585

Currency Abbreviations
BRL	Brazilian Real
Security Abbreviations and Legend
ADR	American Depositary Receipt
BDR	Brazilian Depositary Receipt
GDR	Global Depositary Receipt
NVDR	Non-Voting Depositary Receipt
(A)	Non-income producing security.
(B)	These securities are exempt from registration under Rule 144A of the Securities Act of 1933. Such securities may be resold, normally to qualified institutional buyers, in transactions exempt from registration.
(C)	Security is valued using significant unobservable inputs and is classified as Level 3 in the fair value hierarchy.
(D)	All or a portion of this security is on loan as of 3-31-24. The value of securities on loan amounted to $1,476,185.
(E)	The rate shown is the annualized seven-day yield as of 3-31-24.
(F)	Investment is an affiliate of the fund, the advisor and/or subadvisor. This security represents the investment of cash collateral received for securities lending.

 

DERIVATIVES

FUTURES

Open contracts	Number of contracts	Position	Expiration date	Notional basis^	Notional value^	Unrealized appreciation (depreciation)
S&P 500 E-Mini Index Futures	6	Long	Jun 2024	$1,552,280	$1,592,550	$40,270
						$40,270

^ Notional basis refers to the contractual amount agreed upon at inception of open contracts; notional value represents the current value of the open contract.

Equity Income Trust

	Shares or Principal Amount	Value
COMMON STOCKS – 98.0%
Communication services – 4.7%
Diversified telecommunication services – 0.7%
AT&T, Inc.	120,337	$	2,117,931
Verizon Communications, Inc.	189,549		7,953,476
			10,071,407
Entertainment – 1.4%
The Walt Disney Company	168,337		20,597,715
Media – 2.6%
Comcast Corp., Class A	98,618		4,275,090

Equity Income Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Media (continued)
News Corp., Class A	1,141,116	$	29,874,417
News Corp., Class B	109,782		2,970,701
			37,120,208
			67,789,330

 

69

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Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Equity Income Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Consumer discretionary – 2.4%
Broadline retail – 0.5%
Kohl's Corp.	227,865	$	6,642,265
Hotels, restaurants and leisure – 1.0%
Las Vegas Sands Corp.	294,232		15,211,794
Leisure products – 0.5%
Mattel, Inc. (A)	381,617		7,559,833
Specialty retail – 0.4%
Best Buy Company, Inc.	12,823		1,051,871
The TJX Companies, Inc.	43,541		4,415,928
			5,467,799
			34,881,691
Consumer staples – 8.2%
Beverages – 0.1%
Constellation Brands, Inc., Class A	5,603		1,522,671
Consumer staples distribution and retail – 1.4%
Dollar General Corp.	25,300		3,948,318
Walmart, Inc.	274,025		16,488,084
			20,436,402
Food products – 2.1%
Conagra Brands, Inc.	543,119		16,098,047
Mondelez International, Inc., Class A	15,765		1,103,550
Tyson Foods, Inc., Class A	216,892		12,738,067
			29,939,664
Household products – 2.1%
Colgate-Palmolive Company	115,300		10,382,765
Kimberly-Clark Corp.	149,413		19,326,572
			29,709,337
Personal care products – 1.1%
Kenvue, Inc.	730,871		15,684,492
Tobacco – 1.4%
Philip Morris International, Inc.	227,292		20,824,493
			118,117,059
Energy – 8.8%
Energy equipment and services – 0.2%
Baker Hughes Company	64,300		2,154,050
Oil, gas and consumable fuels – 8.6%
Chevron Corp.	18,027		2,843,579
ConocoPhillips	41,100		5,231,208
Enbridge, Inc.	227,606		8,234,785
EOG Resources, Inc.	80,631		10,307,867
EQT Corp.	239,600		8,881,972
Exxon Mobil Corp.	190,000		22,085,600
Hess Corp.	63,905		9,754,459
Suncor Energy, Inc.	233,100		8,603,721
TC Energy Corp. (B)	114,791		4,614,598
The Williams Companies, Inc.	170,900		6,659,973
TotalEnergies SE	454,368		31,255,693
TotalEnergies SE, ADR	85,869		5,910,363
			124,383,818
			126,537,868
Financials – 23.4%
Banks – 9.2%
Bank of America Corp.	202,356		7,673,340
Citigroup, Inc.	239,584		15,151,292
Fifth Third Bancorp	500,214		18,612,963
Huntington Bancshares, Inc.	1,028,840		14,352,318
JPMorgan Chase & Co.	94,025		18,833,208
U.S. Bancorp	334,187		14,938,159

Equity Income Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Banks (continued)
Wells Fargo & Company	744,776	$	43,167,218
			132,728,498
Capital markets – 2.5%
Morgan Stanley	57,845		5,446,685
The Bank of New York Mellon Corp.	45,500		2,621,710
The Charles Schwab Corp.	320,779		23,205,153
The Goldman Sachs Group, Inc.	12,271		5,125,474
			36,399,022
Financial services – 3.2%
Apollo Global Management, Inc.	37,600		4,228,120
Equitable Holdings, Inc.	636,985		24,211,800
Fiserv, Inc. (A)	109,290		17,466,728
			45,906,648
Insurance – 8.5%
American International Group, Inc.	450,549		35,219,415
Chubb, Ltd.	122,890		31,844,486
Loews Corp.	193,435		15,144,026
MetLife, Inc.	303,988		22,528,551
The Hartford Financial Services Group, Inc.	182,166		18,772,206
			123,508,684
			338,542,852
Health care – 15.7%
Biotechnology – 0.8%
AbbVie, Inc.	42,009		7,649,839
Biogen, Inc. (A)	20,194		4,354,432
			12,004,271
Health care equipment and supplies – 4.4%
Becton, Dickinson and Company	99,338		24,581,188
GE HealthCare Technologies, Inc.	67,250		6,113,698
Medtronic PLC	140,723		12,264,009
Zimmer Biomet Holdings, Inc.	154,839		20,435,651
			63,394,546
Health care providers and services – 5.3%
Cardinal Health, Inc.	19,371		2,167,615
Centene Corp. (A)	37,252		2,923,537
CVS Health Corp.	209,993		16,749,042
Elevance Health, Inc.	67,636		35,071,971
Humana, Inc.	3,100		1,074,832
The Cigna Group	50,177		18,223,785
			76,210,782
Pharmaceuticals – 5.2%
AstraZeneca PLC, ADR	148,527		10,062,704
Bristol-Myers Squibb Company	101,800		5,520,614
Johnson & Johnson	98,650		15,605,444
Merck & Company, Inc.	109,353		14,429,128
Pfizer, Inc.	335,165		9,300,829
Sanofi SA	84,164		8,187,846
Sanofi SA, ADR	22,628		1,099,721
Viatris, Inc.	879,561		10,501,958
			74,708,244
			226,317,843
Industrials – 12.4%
Aerospace and defense – 2.9%
L3Harris Technologies, Inc.	115,698		24,655,244

 

70

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Equity Income Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Aerospace and defense (continued)
The Boeing Company (A)	91,091	$	17,579,652
			42,234,896
Air freight and logistics – 0.9%
United Parcel Service, Inc., Class B	87,734		13,039,904
Commercial services and supplies – 0.3%
Stericycle, Inc. (A)	81,949		4,322,810
Ground transportation – 1.3%
Norfolk Southern Corp.	44,900		11,443,663
Union Pacific Corp.	27,100		6,664,703
			18,108,366
Industrial conglomerates – 4.2%
3M Company	31,700		3,362,419
General Electric Company	200,562		35,204,648
Honeywell International, Inc.	22,700		4,659,175
Siemens AG, ADR	187,337		17,877,570
			61,103,812
Machinery – 2.0%
Cummins, Inc.	27,495		8,101,402
Flowserve Corp.	4,110		187,745
Stanley Black & Decker, Inc.	205,973		20,170,936
			28,460,083
Passenger airlines – 0.8%
Southwest Airlines Company	411,833		12,021,405
			179,291,276
Information technology – 9.4%
Communications equipment – 0.2%
Cisco Systems, Inc.	50,069		2,498,944
Electronic equipment, instruments and components – 0.6%
TE Connectivity, Ltd.	57,853		8,402,570
IT services – 0.5%
Accenture PLC, Class A	19,927		6,906,897
Semiconductors and semiconductor equipment – 5.5%
Advanced Micro Devices, Inc. (A)	6,100		1,100,989
Applied Materials, Inc.	91,746		18,920,778
Intel Corp.	102,600		4,531,842
Qualcomm, Inc.	255,271		43,217,380
Texas Instruments, Inc.	69,065		12,031,814
			79,802,803
Software – 1.6%
Microsoft Corp.	57,050		24,002,076
Technology hardware, storage and peripherals – 1.0%
Samsung Electronics Company, Ltd.	239,056		14,366,667
			135,979,957
Materials – 3.0%
Chemicals – 1.9%
CF Industries Holdings, Inc.	298,312		24,822,542
International Flavors & Fragrances, Inc.	32,028		2,754,088
			27,576,630
Containers and packaging – 1.1%
International Paper Company	421,573		16,449,778
			44,026,408

Equity Income Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Real estate – 4.1%
Industrial REITs – 0.2%
Rexford Industrial Realty, Inc.	67,478	$	3,394,143
Office REITs – 0.0%
Vornado Realty Trust	19,204		552,499
Residential REITs – 1.4%
Equity Residential	307,158		19,384,741
Specialized REITs – 2.5%
Rayonier, Inc.	345,730		11,492,065
Weyerhaeuser Company	667,836		23,981,991
			35,474,056
			58,805,439
Utilities – 5.9%
Electric utilities – 3.1%
NextEra Energy, Inc.	159,637		10,202,401
PG&E Corp.	114,800		1,924,048
The Southern Company	460,139		33,010,372
			45,136,821
Multi-utilities – 2.8%
Ameren Corp.	144,113		10,658,597
Dominion Energy, Inc.	347,009		17,069,373
NiSource, Inc.	82,031		2,268,977
Sempra	140,341		10,080,694
			40,077,641
			85,214,462
TOTAL COMMON STOCKS (Cost $1,044,173,246)		$	1,415,504,185
PREFERRED SECURITIES – 1.3%
Consumer discretionary – 1.2%
Automobiles – 1.2%
Dr. Ing. h.c. F. Porsche AG (B)(C)	92,222		9,172,198
Volkswagen AG, ADR	624,024		8,249,597
			17,421,795
Utilities – 0.1%
Electric utilities – 0.1%
NextEra Energy, Inc., 6.926% (B)	56,812		2,211,691
TOTAL PREFERRED SECURITIES (Cost $19,442,284)		$	19,633,486
SHORT-TERM INVESTMENTS – 1.4%
Short-term funds – 1.4%
John Hancock Collateral Trust, 5.2975% (D)(E)	1,377,730		13,773,722
State Street Institutional U.S. Government Money Market Fund, Premier Class, 5.2417% (D)	3,025,902		3,025,902
T. Rowe Price Government Reserve Fund, 5.3578% (D)	3,661,248		3,661,248
TOTAL SHORT-TERM INVESTMENTS (Cost $20,464,302)		$	20,460,872
Total Investments (Equity Income Trust) (Cost $1,084,079,832) – 100.7%		$	1,455,598,543
Other assets and liabilities, net – (0.7%)			(10,794,063)
TOTAL NET ASSETS – 100.0%		$	1,444,804,480

Security Abbreviations and Legend
ADR	American Depositary Receipt
(A)	Non-income producing security.
(B)	All or a portion of this security is on loan as of 3-31-24. The value of securities on loan amounted to $13,236,607.
(C)	These securities are exempt from registration under Rule 144A of the Securities Act of 1933. Such securities may be resold, normally to qualified institutional buyers, in transactions exempt from registration.

 

71

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Equity Income Trust (continued)

(D)	The rate shown is the annualized seven-day yield as of 3-31-24.
(E)	Investment is an affiliate of the fund, the advisor and/or subadvisor. This security represents the investment of cash collateral received for securities lending.

Financial Industries Trust

	Shares or Principal Amount	Value
COMMON STOCKS – 97.3%
Financials – 95.5%
Banks – 36.6%
American Business Bank (A)	26,233	$	970,621
Atlantic Union Bankshares Corp.	27,643		976,074
Bank of America Corp.	47,786		1,812,045
Bank of Marin Bancorp	21,959		368,252
California BanCorp (A)	15,510		341,220
Citigroup, Inc.	76,009		4,806,810
Danske Bank A/S	89,619		2,690,040
East West Bancorp, Inc.	44,645		3,531,866
Eastern Bankshares, Inc.	90,122		1,241,881
Enterprise Bancorp, Inc.	13,066		339,324
Fifth Third Bancorp	66,601		2,478,223
JPMorgan Chase & Co.	17,387		3,482,616
M&T Bank Corp.	21,743		3,162,302
Popular, Inc.	23,422		2,063,244
Sumitomo Mitsui Financial Group, Inc.	58,300		3,408,959
Sumitomo Mitsui Trust Holdings, Inc.	107,100		2,307,641
Synovus Financial Corp.	80,441		3,222,466
U.S. Bancorp	52,175		2,332,223
Wells Fargo & Company	54,284		3,146,301
Western Alliance Bancorp	30,629		1,966,076
			44,648,184
Capital markets – 26.1%
Ameriprise Financial, Inc.	8,762		3,841,611
Ares Management Corp., Class A	19,408		2,580,876
Cboe Global Markets, Inc.	8,985		1,650,814
Intercontinental Exchange, Inc.	14,714		2,022,145
KKR & Company, Inc.	43,756		4,400,978
Morgan Stanley	18,730		1,763,617
Nasdaq, Inc.	30,961		1,953,639
Onex Corp.	17,674		1,323,968
S&P Global, Inc.	4,879		2,075,771
The Carlyle Group, Inc.	41,275		1,936,210
The Charles Schwab Corp.	39,730		2,874,068
The Goldman Sachs Group, Inc.	7,709		3,219,972
Tradeweb Markets, Inc., Class A	22,096		2,301,740
			31,945,409
Consumer finance – 4.2%
American Express Company	14,448		3,289,665
Discover Financial Services	14,093		1,847,451
			5,137,116
Financial services – 9.3%
Adyen NV (A)(B)	538		908,755
Fiserv, Inc. (A)	17,823		2,848,472
Mastercard, Inc., Class A	6,379		3,071,935
Visa, Inc., Class A	16,374		4,569,656
			11,398,818
Insurance – 19.3%
Aon PLC, Class A	7,477		2,495,224
Arch Capital Group, Ltd. (A)	13,292		1,228,712
Arthur J. Gallagher & Company	6,532		1,633,261
Chubb, Ltd.	5,690		1,474,450
Everest Group, Ltd.	1,736		690,060
Kinsale Capital Group, Inc.	4,797		2,517,178
NN Group NV	32,901		1,518,877
Palomar Holdings, Inc. (A)	9,560		801,415

Financial Industries Trust (continued)

		Shares or Principal Amount	Value
COMMON STOCKS (continued)
Insurance (continued)
Reinsurance Group of America, Inc.		14,412	$	2,779,787
Skyward Specialty Insurance Group, Inc. (A)		56,434		2,111,196
The Progressive Corp.		17,272		3,572,195
Unum Group		50,400		2,704,464
				23,526,819
				116,656,346
Real estate – 1.8%
Industrial REITs – 0.6%
Prologis Property Mexico SA de CV		153,009		669,659
Specialized REITs – 1.2%
Digital Realty Trust, Inc.		10,404		1,498,592
				2,168,251
TOTAL COMMON STOCKS (Cost $95,459,756)			$	118,824,597
CONVERTIBLE BONDS - 0.6%
Financials - 0.6%
Redwood Trust, Inc. 7.750%, 06/15/2027	$	745,000		713,338
TOTAL CONVERTIBLE BONDS (Cost $679,508)			$	713,338
SHORT-TERM INVESTMENTS – 1.3%
Short-term funds – 1.3%
John Hancock Collateral Trust, 5.2975% (C)(D)		154,433		1,543,933
TOTAL SHORT-TERM INVESTMENTS (Cost $1,544,371)			$	1,543,933
Total Investments (Financial Industries Trust) (Cost $97,683,635) – 99.2%			$	121,081,868
Other assets and liabilities, net – 0.8%				1,035,569
TOTAL NET ASSETS – 100.0%			$	122,117,437

Security Abbreviations and Legend
(A)	Non-income producing security.
(B)	These securities are exempt from registration under Rule 144A of the Securities Act of 1933. Such securities may be resold, normally to qualified institutional buyers, in transactions exempt from registration.
(C)	The rate shown is the annualized seven-day yield as of 3-31-24.
(D)	Investment is an affiliate of the fund, the advisor and/or subadvisor.

Fundamental All Cap Core Trust

	Shares or Principal Amount	Value
COMMON STOCKS – 99.6%
Communication services – 9.6%
Entertainment – 3.2%
Liberty Media Corp.-Liberty Formula One, Series C (A)	827,036	$	54,253,562
Warner Brothers Discovery, Inc. (A)	2,668,010		23,291,727
			77,545,289
Interactive media and services – 6.4%
Alphabet, Inc., Class A (A)	912,866		137,778,865
CarGurus, Inc. (A)	886,527		20,461,043
			158,239,908
			235,785,197

 

72

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Fundamental All Cap Core Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Consumer discretionary – 21.7%
Automobile components – 0.3%
Mobileye Global, Inc., Class A (A)	258,042	$	8,296,050
Broadline retail – 8.5%
Amazon.com, Inc. (A)	1,166,445		210,403,347
Household durables – 6.4%
Lennar Corp., Class A	694,113		119,373,554
NVR, Inc. (A)	4,593		37,203,116
			156,576,670
Leisure products – 1.7%
Polaris, Inc.	404,708		40,519,365
Specialty retail – 3.6%
Avolta AG (A)	713,517		29,708,955
Group 1 Automotive, Inc.	198,811		58,098,539
			87,807,494
Textiles, apparel and luxury goods – 1.2%
Canada Goose Holdings, Inc. (A)	1,640,288		19,781,873
Salvatore Ferragamo SpA	889,619		10,823,478
			30,605,351
			534,208,277
Consumer staples – 3.3%
Beverages – 1.7%
Anheuser-Busch InBev SA/NV, ADR	705,260		42,865,703
Consumer staples distribution and retail – 1.2%
Walmart, Inc.	475,953		28,638,092
Food products – 0.4%
The Hain Celestial Group, Inc. (A)	1,265,666		9,948,135
			81,451,930
Energy – 4.1%
Oil, gas and consumable fuels – 4.1%
Cheniere Energy, Inc.	394,728		63,661,732
Suncor Energy, Inc.	1,020,247		37,657,317
			101,319,049
Financials – 16.9%
Banks – 3.4%
First Hawaiian, Inc.	3,800,977		83,469,455
Capital markets – 13.5%
KKR & Company, Inc.	1,094,713		110,106,234
Morgan Stanley	957,140		90,124,302
S&P Global, Inc.	106,867		45,466,565
The Goldman Sachs Group, Inc.	208,525		87,098,807
			332,795,908
			416,265,363
Health care – 6.3%
Biotechnology – 1.2%
Alnylam Pharmaceuticals, Inc. (A)	62,449		9,333,003
Moderna, Inc. (A)	186,436		19,866,620
			29,199,623
Health care equipment and supplies – 2.0%
Hologic, Inc. (A)	634,696		49,480,900
Health care providers and services – 1.7%
Elevance Health, Inc.	82,291		42,671,175
Life sciences tools and services – 0.7%
Thermo Fisher Scientific, Inc.	31,220		18,145,376
Pharmaceuticals – 0.7%
Elanco Animal Health, Inc. (A)	976,645		15,899,781
			155,396,855

Fundamental All Cap Core Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Industrials – 6.9%
Electrical equipment – 2.4%
Regal Rexnord Corp.	279,102	$	50,266,270
Sensata Technologies Holding PLC	224,150		8,235,271
			58,501,541
Machinery – 1.8%
Parker-Hannifin Corp.	80,807		44,911,723
Trading companies and distributors – 2.7%
United Rentals, Inc.	93,179		67,192,309
			170,605,573
Information technology – 25.9%
Semiconductors and semiconductor equipment – 11.0%
Analog Devices, Inc.	370,789		73,338,356
NVIDIA Corp.	175,271		158,367,865
Texas Instruments, Inc.	221,213		38,537,517
			270,243,738
Software – 11.4%
Autodesk, Inc. (A)	141,971		36,972,088
Microsoft Corp.	70,722		29,754,160
Oracle Corp.	350,708		44,052,432
Roper Technologies, Inc.	69,574		39,019,882
Salesforce, Inc.	277,596		83,606,363
Workday, Inc., Class A (A)	176,666		48,185,652
			281,590,577
Technology hardware, storage and peripherals – 3.5%
Apple, Inc.	502,588		86,183,790
			638,018,105
Materials – 1.1%
Chemicals – 1.1%
Axalta Coating Systems, Ltd. (A)	815,993		28,061,999
Real estate – 3.8%
Real estate management and development – 0.3%
Five Point Holdings LLC, Class A (A)	2,325,437		7,278,618
Specialized REITs – 3.5%
American Tower Corp.	34,198		6,757,183
Crown Castle, Inc.	739,250		78,234,828
			84,992,011
			92,270,629
TOTAL COMMON STOCKS (Cost $1,473,939,910)		$	2,453,382,977
SHORT-TERM INVESTMENTS – 0.5%
Short-term funds – 0.5%
John Hancock Collateral Trust, 5.2975% (B)(C)	1,257,133		12,568,059
TOTAL SHORT-TERM INVESTMENTS (Cost $12,572,031)		$	12,568,059
Total Investments (Fundamental All Cap Core Trust) (Cost $1,486,511,941) – 100.1%		$	2,465,951,036
Other assets and liabilities, net – (0.1%)			(1,533,225)
TOTAL NET ASSETS – 100.0%		$	2,464,417,811

Security Abbreviations and Legend
ADR	American Depositary Receipt
(A)	Non-income producing security.
(B)	The rate shown is the annualized seven-day yield as of 3-31-24.
(C)	Investment is an affiliate of the fund, the advisor and/or subadvisor.

 

73

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Fundamental Large Cap Value Trust

	Shares or Principal Amount	Value
COMMON STOCKS – 97.4%
Communication services – 6.8%
Interactive media and services – 2.8%
Alphabet, Inc., Class A (A)	100,607	$	15,184,615
Meta Platforms, Inc., Class A	16,320		7,924,666
			23,109,281
Media – 4.0%
Charter Communications, Inc., Class A (A)	18,020		5,237,153
Comcast Corp., Class A	651,831		28,256,874
			33,494,027
			56,603,308
Consumer discretionary – 7.4%
Broadline retail – 1.7%
eBay, Inc.	275,897		14,561,844
Household durables – 3.7%
Lennar Corp., Class A	177,556		30,536,081
Specialty retail – 2.0%
Avolta AG (A)	172,702		7,190,853
CarMax, Inc. (A)	107,097		9,329,220
			16,520,073
			61,617,998
Consumer staples – 8.4%
Beverages – 2.6%
Anheuser-Busch InBev SA/NV, ADR	208,153		12,651,539
Heineken Holding NV	108,171		8,729,826
			21,381,365
Consumer staples distribution and retail – 3.4%
Walmart, Inc.	476,708		28,683,520
Food products – 1.4%
Danone SA	178,093		11,512,790
Personal care products – 1.0%
Haleon PLC, ADR	983,384		8,348,930
			69,926,605
Energy – 6.8%
Oil, gas and consumable fuels – 6.8%
Cheniere Energy, Inc.	154,460		24,911,309
Chevron Corp.	64,693		10,204,674
Kinder Morgan, Inc.	199,703		3,662,553
Suncor Energy, Inc.	469,715		17,337,181
			56,115,717
Financials – 21.0%
Banks – 9.1%
Bank of America Corp.	496,718		18,835,547
Citigroup, Inc.	334,171		21,132,974
JPMorgan Chase & Co.	86,281		17,282,084
Wells Fargo & Company	314,932		18,253,459
			75,504,064
Capital markets – 11.4%
KKR & Company, Inc.	300,787		30,253,156
Morgan Stanley	117,356		11,050,241
Nasdaq, Inc.	375,945		23,722,130
State Street Corp.	237,057		18,329,247
The Goldman Sachs Group, Inc.	26,507		11,071,709
			94,426,483
Consumer finance – 0.5%
American Express Company	20,175		4,593,646
			174,524,193
Health care – 16.0%
Biotechnology – 2.1%
Gilead Sciences, Inc.	136,741		10,016,278

Fundamental Large Cap Value Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Biotechnology (continued)
Moderna, Inc. (A)	66,885	$	7,127,266
			17,143,544
Health care equipment and supplies – 2.0%
Hologic, Inc. (A)	217,476		16,954,429
Health care providers and services – 4.9%
Elevance Health, Inc.	78,579		40,746,355
Life sciences tools and services – 1.4%
Danaher Corp.	45,238		11,296,833
Pharmaceuticals – 5.6%
Elanco Animal Health, Inc. (A)	907,219		14,769,525
GSK PLC, ADR	386,185		16,555,751
Merck & Company, Inc.	48,409		6,387,568
Novartis AG, ADR	89,758		8,682,291
			46,395,135
			132,536,296
Industrials – 13.4%
Aerospace and defense – 3.7%
Airbus SE	44,559		8,209,050
L3Harris Technologies, Inc.	40,620		8,656,122
RTX Corp.	138,321		13,490,447
			30,355,619
Electrical equipment – 0.7%
Sensata Technologies Holding PLC	162,252		5,961,138
Machinery – 5.5%
Fortive Corp.	171,104		14,718,366
Parker-Hannifin Corp.	55,905		31,071,440
			45,789,806
Trading companies and distributors – 3.5%
United Rentals, Inc.	40,640		29,305,910
			111,412,473
Information technology – 12.2%
Electronic equipment, instruments and components – 2.1%
Vontier Corp.	379,956		17,234,804
IT services – 0.9%
Cognizant Technology Solutions Corp., Class A	106,704		7,820,336
Semiconductors and semiconductor equipment – 2.0%
Analog Devices, Inc.	53,013		10,485,441
Taiwan Semiconductor Manufacturing Company, Ltd., ADR	42,381		5,765,935
			16,251,376
Software – 6.1%
Microsoft Corp.	34,074		14,335,613
Oracle Corp.	292,675		36,762,907
			51,098,520
Technology hardware, storage and peripherals – 1.1%
Samsung Electronics Company, Ltd.	151,899		9,128,749
			101,533,785
Materials – 2.1%
Chemicals – 2.1%
Axalta Coating Systems, Ltd. (A)	280,633		9,650,969
LyondellBasell Industries NV, Class A	70,886		7,250,220
			16,901,189
Real estate – 3.3%
Specialized REITs – 3.3%
Crown Castle, Inc.	256,181		27,111,635
TOTAL COMMON STOCKS (Cost $563,134,240)		$	808,283,199

 

74

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Fundamental Large Cap Value Trust (continued)

	Shares or Principal Amount	Value
ESCROW CERTIFICATES - 0.0%
Sino-Forest Corp. (A)(B)	3,244,100	$	0
TOTAL ESCROW CERTIFICATES (Cost $3)		$	0
SHORT-TERM INVESTMENTS – 3.1%
Short-term funds – 3.1%
John Hancock Collateral Trust, 5.2975% (C)(D)	2,609,509		26,088,308
TOTAL SHORT-TERM INVESTMENTS (Cost $26,094,546)		$	26,088,308
Total Investments (Fundamental Large Cap Value Trust) (Cost $589,228,789) – 100.5%		$	834,371,507
Other assets and liabilities, net – (0.5%)			(4,485,244)
TOTAL NET ASSETS – 100.0%		$	829,886,263

Security Abbreviations and Legend
ADR	American Depositary Receipt
(A)	Non-income producing security.
(B)	Security is valued using significant unobservable inputs and is classified as Level 3 in the fair value hierarchy.
(C)	The rate shown is the annualized seven-day yield as of 3-31-24.
(D)	Investment is an affiliate of the fund, the advisor and/or subadvisor.

Global Equity Trust

	Shares or Principal Amount	Value
COMMON STOCKS - 95.7%
France - 13.9%
Air Liquide SA	21,891	$	4,554,408
Capgemini SE	25,104		5,776,720
Carrefour SA	227,212		3,897,682
Cie de Saint-Gobain SA	120,774		9,373,756
Sanofi SA	76,744		7,466,025
Thales SA	28,531		4,863,991
TotalEnergies SE	108,454		7,460,508
			43,393,090
Germany - 0.9%
Deutsche Post AG	66,380		2,860,814
Ireland - 5.5%
Accenture PLC, Class A	11,978		4,151,695
CRH PLC	99,941		8,625,897
CRH PLC (New York Stock Exchange)	12,505		1,078,681
Ryanair Holdings PLC, ADR	23,789		3,463,441
			17,319,714
Japan - 10.5%
FANUC Corp.	206,555		5,762,159
Mitsubishi Estate Company, Ltd.	225,769		4,119,377
Sumitomo Mitsui Financial Group, Inc.	217,600		12,723,661
Sumitomo Mitsui Trust Holdings, Inc.	156,800		3,378,508
Tokyo Electric Power Company Holdings, Inc. (A)	1,105,200		6,717,548
			32,701,253
Netherlands - 5.3%
ING Groep NV	589,620		9,707,115
Koninklijke Ahold Delhaize NV	119,643		3,579,945
Stellantis NV	117,057		3,325,488
			16,612,548
Spain - 1.3%
Amadeus IT Group SA	61,933		3,975,907
Switzerland - 1.6%
Chubb, Ltd.	19,178		4,969,595
United Kingdom - 0.9%
Reckitt Benckiser Group PLC	46,578		2,655,177

Global Equity Trust (continued)

		Shares or Principal Amount	Value
COMMON STOCKS (continued)
United States - 55.8%
Abbott Laboratories		26,379	$	2,998,237
Alphabet, Inc., Class A (A)		68,529		10,343,082
Analog Devices, Inc.		18,192		3,598,196
Apple, Inc.		47,459		8,138,269
Arthur J. Gallagher & Company		15,363		3,841,365
AutoZone, Inc. (A)		2,009		6,331,665
Bank of America Corp.		134,543		5,101,871
Cisco Systems, Inc.		88,393		4,411,695
ConocoPhillips		80,820		10,286,770
Corteva, Inc.		114,734		6,616,710
CSX Corp.		130,290		4,829,850
Darden Restaurants, Inc.		31,987		5,346,627
Elevance Health, Inc.		15,242		7,903,587
Emerson Electric Company		38,198		4,332,417
GE HealthCare Technologies, Inc.		52,342		4,758,411
Intercontinental Exchange, Inc.		33,137		4,554,018
Lennar Corp., Class A		19,170		3,296,857
Lowe's Companies, Inc.		25,021		6,373,599
McKesson Corp.		8,732		4,687,774
Microsoft Corp.		39,977		16,819,124
Oracle Corp.		38,397		4,823,047
Otis Worldwide Corp.		40,621		4,032,447
Philip Morris International, Inc.		90,233		8,267,147
Target Corp.		25,105		4,448,857
The Interpublic Group of Companies, Inc.		67,308		2,196,260
The Walt Disney Company		30,597		3,743,849
T-Mobile US, Inc.		28,952		4,725,545
United Rentals, Inc.		6,119		4,412,472
Walmart, Inc.		52,515		3,159,828
Waste Management, Inc.		20,080		4,280,052
Wells Fargo & Company		94,850		5,497,506
				174,157,134
TOTAL COMMON STOCKS (Cost $238,952,763)			$	298,645,232
PREFERRED SECURITIES - 3.6%
South Korea - 3.6%
Samsung Electronics Company, Ltd.		227,550		11,357,521
TOTAL PREFERRED SECURITIES (Cost $11,209,593)			$	11,357,521
ESCROW CERTIFICATES - 0.0%
Texas Competitive Electric Holdings Company LLC (A)(B)	$	7,466,240		0
TOTAL ESCROW CERTIFICATES (Cost $0)			$	0
SHORT-TERM INVESTMENTS - 1.4%
Short-term funds - 1.4%
Federated Government Obligations Fund, Institutional Class, 5.1800% (C)		4,500,650		4,500,650
TOTAL SHORT-TERM INVESTMENTS (Cost $4,500,650)			$	4,500,650
Total Investments (Global Equity Trust) (Cost $254,663,006) - 100.7%			$	314,503,403
Other assets and liabilities, net - (0.7%)				(2,335,495)
TOTAL NET ASSETS - 100.0%			$	312,167,908

Security Abbreviations and Legend
ADR	American Depositary Receipt
(A)	Non-income producing security.
(B)	Security is valued using significant unobservable inputs and is classified as Level 3 in the fair value hierarchy.
(C)	The rate shown is the annualized seven-day yield as of 3-31-24.

 

75

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Health Sciences Trust

	Shares or Principal Amount	Value
COMMON STOCKS – 98.9%
Financials – 0.3%
Financial services – 0.1%
Helix Acquisition Corp. II (A)	16,298	$	168,684
Insurance – 0.2%
Oscar Health, Inc., Class A (A)	41,174		612,257
			780,941
Health care – 98.6%
Biotechnology – 31.7%
AbbVie, Inc.	7,657		1,394,340
ACADIA Pharmaceuticals, Inc. (A)	18,341		339,125
Acumen Pharmaceuticals, Inc. (A)	15,500		62,775
Agios Pharmaceuticals, Inc. (A)	16,527		483,249
Akero Therapeutics, Inc. (A)	15,591		393,829
Alector, Inc. (A)	12,104		72,866
Alkermes PLC (A)	30,647		829,614
Allogene Therapeutics, Inc. (A)	51,354		229,552
Alnylam Pharmaceuticals, Inc. (A)	24,426		3,650,466
Alpine Immune Sciences, Inc. (A)	15,233		603,836
ALX Oncology Holdings, Inc. (A)	9,800		109,270
Amgen, Inc.	15,961		4,538,032
AnaptysBio, Inc. (A)	2,300		51,796
Annexon, Inc. (A)	18,400		131,928
Apellis Pharmaceuticals, Inc. (A)	25,474		1,497,362
Apogee Therapeutics, Inc. (A)	17,772		1,180,949
Arcellx, Inc. (A)	7,340		510,497
Ardelyx, Inc. (A)	54,174		395,470
Argenx SE, ADR (A)	14,270		5,618,384
Ascendis Pharma A/S, ADR (A)	10,972		1,658,637
Atara Biotherapeutics, Inc. (A)	78,100		54,201
Aura Biosciences, Inc. (A)	10,426		81,844
Autolus Therapeutics PLC, ADR (A)	38,928		248,361
Avidity Biosciences, Inc. (A)	53,352		1,361,543
Beam Therapeutics, Inc. (A)	16,900		558,376
BeiGene, Ltd., ADR (A)	11,885		1,858,695
Bicycle Therapeutics PLC, ADR (A)	10,444		260,056
Biogen, Inc. (A)	7,038		1,517,604
Biohaven, Ltd. (A)	31,744		1,736,079
BioMarin Pharmaceutical, Inc. (A)	14,769		1,289,924
Blueprint Medicines Corp. (A)	37,765		3,582,388
C4 Therapeutics, Inc. (A)	14,300		116,831
Cabaletta Bio, Inc. (A)	9,787		166,966
Cargo Therapeutics, Inc. (A)	32,453		724,351
Celldex Therapeutics, Inc. (A)	25,830		1,084,085
Centessa Pharmaceuticals PLC, ADR (A)	26,313		297,337
CG Oncology, Inc. (A)	14,001		614,644
Corbus Pharmaceuticals Holdings, Inc. (A)	2,698		105,870
Crinetics Pharmaceuticals, Inc. (A)	18,414		861,959
CRISPR Therapeutics AG (A)	1,842		125,551
Cytokinetics, Inc. (A)	8,539		598,669
Day One Biopharmaceuticals, Inc. (A)	1,141		18,849
Denali Therapeutics, Inc. (A)	18,220		373,874
Disc Medicine, Inc. (A)	3,902		242,939
Dyne Therapeutics, Inc. (A)	8,500		241,315
Entrada Therapeutics, Inc. (A)	11,625		164,726
Exact Sciences Corp. (A)	16,241		1,121,603
Exelixis, Inc. (A)	19,678		466,959
Fate Therapeutics, Inc. (A)	6,900		50,646
Generation Bio Company (A)	37,692		153,406
Geron Corp. (A)	24,900		82,170
Gossamer Bio, Inc. (A)	45,188		53,322
Ideaya Biosciences, Inc. (A)	20,344		892,695
IGM Biosciences, Inc. (A)	17,234		166,308
Immatics NV (A)	35,390		371,949
Immuneering Corp., Class A (A)	29,676		85,764

Health Sciences Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Biotechnology (continued)
Immunocore Holdings PLC, ADR (A)	21,610	$	1,404,650
Immunome, Inc. (A)	29,019		716,189
Immunovant, Inc. (A)	11,095		358,479
Incyte Corp. (A)	7,518		428,300
Insmed, Inc. (A)	40,225		1,091,304
Intellia Therapeutics, Inc. (A)	5,309		146,051
Ionis Pharmaceuticals, Inc. (A)	17,154		743,626
Iovance Biotherapeutics, Inc. (A)	59,007		874,484
Krystal Biotech, Inc. (A)	7,208		1,282,519
Kymera Therapeutics, Inc. (A)	23,246		934,489
Kyverna Therapeutics, Inc. (A)	7,329		182,052
Legend Biotech Corp., ADR (A)	21,441		1,202,626
Lyell Immunopharma, Inc. (A)	95,825		213,690
MacroGenics, Inc. (A)	24,089		354,590
Madrigal Pharmaceuticals, Inc. (A)	5,350		1,428,664
Mereo Biopharma Group PLC, ADR (A)	28,300		93,390
Merus NV (A)	14,335		645,505
Mirum Pharmaceuticals, Inc. (A)	7,791		195,710
Monte Rosa Therapeutics, Inc. (A)	27,152		191,422
MoonLake Immunotherapeutics (A)	18,787		943,671
Morphic Holding, Inc. (A)	15,168		533,914
Neurocrine Biosciences, Inc. (A)	14,248		1,965,084
Nuvalent, Inc., Class A (A)	2,238		168,051
ORIC Pharmaceuticals, Inc. (A)	22,600		310,750
Pharming Group NV (A)	188,255		206,899
Praxis Precision Medicines, Inc. (A)	5,154		314,497
Prelude Therapeutics, Inc. (A)	17,428		82,609
Prime Medicine, Inc. (A)	17,113		119,791
Protagonist Therapeutics, Inc. (A)	15,253		441,269
Prothena Corp. PLC (A)	15,394		381,309
RAPT Therapeutics, Inc. (A)	6,612		59,376
Regeneron Pharmaceuticals, Inc. (A)	7,768		7,476,622
Relay Therapeutics, Inc. (A)	49,181		408,202
Replimune Group, Inc. (A)	29,973		244,879
REVOLUTION Medicines, Inc. (A)	28,781		927,612
Rhythm Pharmaceuticals, Inc. (A)	4,739		205,341
Rocket Pharmaceuticals, Inc. (A)	17,202		463,422
Roivant Sciences, Ltd. (A)	16,493		173,836
Sage Therapeutics, Inc. (A)	16,074		301,227
Sana Biotechnology, Inc. (A)	54,773		547,730
Sarepta Therapeutics, Inc. (A)	5,857		758,247
Scholar Rock Holding Corp. (A)	37,540		666,710
Sensorion SA (A)	182,870		152,224
Soleno Therapeutics, Inc. (A)	4,621		197,779
SpringWorks Therapeutics, Inc. (A)	26,821		1,320,130
Spyre Therapeutics, Inc. (A)	6,330		240,097
Taysha Gene Therapies, Inc. (A)	17,400		49,938
Ultragenyx Pharmaceutical, Inc. (A)	24,805		1,158,145
UroGen Pharma, Ltd. (A)	5,800		87,000
Vaxcyte, Inc. (A)	15,697		1,072,262
Vera Therapeutics, Inc. (A)	13,619		587,251
Vertex Pharmaceuticals, Inc. (A)	14,025		5,862,590
Voyager Therapeutics, Inc. (A)	15,964		148,625
Xencor, Inc. (A)	16,855		373,001
Zai Lab, Ltd., ADR (A)	27,277		436,978
Zentalis Pharmaceuticals, Inc. (A)	25,143		396,254
			87,754,898
Health care equipment and supplies – 16.9%
Becton, Dickinson and Company	12,211		3,021,612
Boston Scientific Corp. (A)	42,710		2,925,208
DexCom, Inc. (A)	14,449		2,004,076
Edwards Lifesciences Corp. (A)	38,567		3,685,463
Enovis Corp. (A)	4,037		252,111
Haemonetics Corp. (A)	3,000		256,050
Hologic, Inc. (A)	23,161		1,805,632

 

76

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Health Sciences Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Health care equipment and supplies (continued)
Inspire Medical Systems, Inc. (A)	3,360	$	721,694
Insulet Corp. (A)	3,405		583,617
Intuitive Surgical, Inc. (A)	29,170		11,641,455
Lantheus Holdings, Inc. (A)	8,245		513,169
Novocure, Ltd. (A)	34,614		541,017
Orchestra BioMed Holdings, Inc. (A)	13,354		70,376
Penumbra, Inc. (A)	13,567		3,027,883
PROCEPT BioRobotics Corp. (A)	14,216		702,555
Shockwave Medical, Inc. (A)	6,663		2,169,673
Siemens Healthineers AG (B)	7,018		429,204
Sonova Holding AG	1,721		498,390
Stryker Corp.	28,452		10,182,117
Teleflex, Inc.	842		190,435
Zimmer Biomet Holdings, Inc.	11,105		1,465,638
			46,687,375
Health care providers and services – 17.6%
agilon health, Inc. (A)	42,556		259,592
BrightSpring Health Services, Inc. (A)	20,237		219,976
Cardinal Health, Inc.	13,773		1,541,199
Cencora, Inc.	3,710		901,493
Centene Corp. (A)	21,742		1,706,312
Elevance Health, Inc.	19,091		9,899,447
GeneDx Holdings Corp. (A)	918		8,381
Guardant Health, Inc. (A)	15,795		325,851
HCA Healthcare, Inc.	9,189		3,064,807
Humana, Inc.	4,150		1,438,888
McKesson Corp.	2,435		1,307,230
Molina Healthcare, Inc. (A)	10,122		4,158,421
Surgery Partners, Inc. (A)	16,697		498,072
Tenet Healthcare Corp. (A)	12,579		1,322,179
The Cigna Group	14,280		5,186,353
UnitedHealth Group, Inc.	34,004		16,821,779
			48,659,980
Health care technology – 0.7%
Veeva Systems, Inc., Class A (A)	8,715		2,019,178
Life sciences tools and services – 11.8%
10X Genomics, Inc., Class A (A)	33,359		1,251,963
Agilent Technologies, Inc.	20,582		2,994,887
Bio-Techne Corp.	18,702		1,316,434
Bruker Corp.	9,654		906,897
Charles River Laboratories International, Inc. (A)	4,175		1,131,216
Danaher Corp.	32,928		8,222,780
ICON PLC (A)	4,602		1,546,042
IQVIA Holdings, Inc. (A)	4,324		1,093,496
Pacific Biosciences of California, Inc. (A)	36,531		136,991
Repligen Corp. (A)	5,299		974,592
Thermo Fisher Scientific, Inc.	19,069		11,083,093
West Pharmaceutical Services, Inc.	4,588		1,815,517
			32,473,908
Pharmaceuticals – 19.9%
Alto Neuroscience, Inc. (A)	9,005		138,227
Amylyx Pharmaceuticals, Inc. (A)	15,424		43,804
Arvinas, Inc. (A)	21,005		867,086
AstraZeneca PLC, ADR	81,976		5,553,874
Chugai Pharmaceutical Company, Ltd.	13,100		500,622
Daiichi Sankyo Company, Ltd.	20,100		639,559
Eli Lilly & Company	35,261		27,431,652
EyePoint Pharmaceuticals, Inc. (A)	15,686		324,230
Longboard Pharmaceuticals, Inc. (A)	16,599		358,538
Merck & Company, Inc.	85,275		11,252,036
Neumora Therapeutics, Inc. (A)	10,528		144,760
Novo Nordisk A/S, ADR	33,007		4,238,099

Health Sciences Trust (continued)

		Shares or Principal Amount	Value
COMMON STOCKS (continued)
Pharmaceuticals (continued)
Nuvation Bio, Inc. (A)		16,100	$	58,604
Ocular Therapeutix, Inc. (A)		8,400		76,440
Pharvaris NV (A)		14,671		339,047
Pliant Therapeutics, Inc. (A)		13,685		203,907
Structure Therapeutics, Inc., ADR (A)		14,790		633,899
Tarsus Pharmaceuticals, Inc. (A)		5,028		182,768
Viatris, Inc.		25,298		302,058
WaVe Life Sciences, Ltd. (A)		28,947		178,603
Zoetis, Inc.		8,944		1,513,414
				54,981,227
				272,576,566
Materials – 0.0%
Chemicals – 0.0%
Ginkgo Bioworks Holdings, Inc. (A)		78,858		91,475
TOTAL COMMON STOCKS (Cost $210,246,091)			$	273,448,982
PREFERRED SECURITIES – 0.3%
Health care – 0.3%
Life sciences tools and services – 0.3%
Sartorius AG		1,984		787,867
TOTAL PREFERRED SECURITIES (Cost $583,382)			$	787,867
CONVERTIBLE BONDS - 0.1%
Health care - 0.1%
Immunocore Holdings PLC 2.500%, 02/01/2030 (B)	$	277,000		288,606
TOTAL CONVERTIBLE BONDS (Cost $277,000)			$	288,606
WARRANTS – 0.0%
GeneDx Holdings Corp. (Expiration Date: 7-22-26; Strike Price: $11.50) (A)		4,862		267
REVOLUTION Medicines, Inc. (Expiration Date: 11-14-28; Strike Price: $11.50) (A)		4,502		720
SomaLogic, Inc. (Expiration Date: 8-31-26; Strike Price: $11.50) (A)		2,050		207
TOTAL WARRANTS (Cost $29,139)			$	1,194
SHORT-TERM INVESTMENTS – 0.6%
Short-term funds – 0.6%
State Street Institutional U.S. Government Money Market Fund, Premier Class, 5.2417% (C)		583,544		583,544
T. Rowe Price Government Reserve Fund, 5.3578% (C)		959,295		959,295
TOTAL SHORT-TERM INVESTMENTS (Cost $1,542,839)			$	1,542,839
Total Investments (Health Sciences Trust) (Cost $212,678,451) – 99.9%			$	276,069,488
Other assets and liabilities, net – 0.1%				359,683
TOTAL NET ASSETS – 100.0%			$	276,429,171

Security Abbreviations and Legend
ADR	American Depositary Receipt
(A)	Non-income producing security.
(B)	These securities are exempt from registration under Rule 144A of the Securities Act of 1933. Such securities may be resold, normally to qualified institutional buyers, in transactions exempt from registration.
(C)	The rate shown is the annualized seven-day yield as of 3-31-24.

 

77

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

High Yield Trust

		Shares or Principal Amount	Value
FOREIGN GOVERNMENT OBLIGATIONS – 0.3%
Argentina – 0.3%
Provincia de Buenos Aires 6.375%, (6.375% to 9-1-24, then 6.625% thereafter), 09/01/2037 (A)	$	743,123	$	302,787
Republic of Argentina
1.000%, 07/09/2029		59,073		31,799
3.625%, (3.625% to 7-9-24, then 4.125% to 7-9-27, then 4.750% to 7-9-28, then 5.000% thereafter), 07/09/2035		526,571		218,573
				553,159
TOTAL FOREIGN GOVERNMENT OBLIGATIONS (Cost $766,645)			$	553,159
CORPORATE BONDS – 83.5%
Communication services – 10.5%
Accelerate360 Holdings LLC 8.000%, 03/01/2028 (A)		719,050		746,014
Allen Media LLC 10.500%, 02/15/2028 (A)		1,470,000		681,352
Altice Financing SA 5.750%, 08/15/2029 (A)		780,000		624,968
Altice France Holding SA 10.500%, 05/15/2027 (A)		640,000		239,473
Altice France SA 5.125%, 07/15/2029 (A)		1,630,000		1,101,935
AMC Entertainment Holdings, Inc. 7.500%, 02/15/2029 (A)(B)		1,060,000		708,007
Banijay Entertainment SASU 8.125%, 05/01/2029 (A)		460,000		474,439
CCO Holdings LLC
4.250%, 02/01/2031 to 01/15/2034 (A)		220,000		174,101
4.500%, 05/01/2032		1,560,000		1,253,607
4.500%, 06/01/2033 (A)		260,000		203,092
4.750%, 02/01/2032 (A)		1,140,000		930,381
Charter Communications Operating LLC
3.700%, 04/01/2051		480,000		296,856
6.484%, 10/23/2045		230,000		213,169
Clear Channel Outdoor Holdings, Inc. 7.500%, 06/01/2029 (A)(B)		760,000		628,551
CSC Holdings LLC
4.125%, 12/01/2030 (A)		240,000		171,612
5.000%, 11/15/2031 (A)		330,000		166,826
5.750%, 01/15/2030 (A)		600,000		317,624
6.500%, 02/01/2029 (A)		1,320,000		1,118,450
11.250%, 05/15/2028 (A)		380,000		376,558
CSC Holdings LLC 11.750%, 01/31/2029 (A)		470,000		470,733
Directv Financing LLC 5.875%, 08/15/2027 (A)		780,000		737,908
DISH DBS Corp.
5.125%, 06/01/2029		1,000,000		417,088
5.750%, 12/01/2028 (A)(B)		900,000		618,530
5.875%, 11/15/2024 (B)		780,000		747,337
7.750%, 07/01/2026 (B)		870,000		582,506
Gannett Holdings LLC 6.000%, 11/01/2026 (A)		620,000		566,990
Gray Television, Inc. 5.375%, 11/15/2031 (A)		890,000		583,590
iHeartCommunications, Inc.
4.750%, 01/15/2028 (A)(B)		190,000		133,457
5.250%, 08/15/2027 (A)		410,000		298,396
Match Group Holdings II LLC 4.625%, 06/01/2028 (A)		670,000		632,288
Sunrise HoldCo IV BV 5.500%, 01/15/2028 (A)		430,000		412,850

High Yield Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Communication services (continued)
Telecom Italia Capital SA 6.000%, 09/30/2034	$	500,000	$	457,327
Time Warner Cable LLC 7.300%, 07/01/2038		220,000		222,234
Univision Communications, Inc. 8.000%, 08/15/2028 (A)		390,000		397,317
Viavi Solutions, Inc. 3.750%, 10/01/2029 (A)		270,000		231,658
Virgin Media Secured Finance PLC 5.500%, 05/15/2029 (A)		330,000		305,107
Vmed O2 UK Financing I PLC 4.750%, 07/15/2031 (A)		700,000		603,319
ZipRecruiter, Inc. 5.000%, 01/15/2030 (A)		330,000		290,639
				19,136,289
Consumer discretionary – 18.0%
Academy, Ltd. 6.000%, 11/15/2027 (A)		250,000		246,245
Adtalem Global Education, Inc. 5.500%, 03/01/2028 (A)		421,000		403,033
American Axle & Manufacturing, Inc. 5.000%, 10/01/2029 (B)		1,080,000		972,719
American News Company LLC 8.500%, (8.500% Cash or 10.000% PIK), 09/01/2026 (A)		671,707		748,953
Bath & Body Works, Inc.
6.625%, 10/01/2030 (A)		560,000		572,039
9.375%, 07/01/2025 (A)		340,000		354,756
Boyne USA, Inc. 4.750%, 05/15/2029 (A)		250,000		231,743
Caesars Entertainment, Inc.
4.625%, 10/15/2029 (A)(B)		450,000		410,342
6.500%, 02/15/2032 (A)		480,000		484,227
7.000%, 02/15/2030 (A)		850,000		872,512
Carnival Corp.
5.750%, 03/01/2027 (A)		460,000		455,278
6.000%, 05/01/2029 (A)(B)		970,000		957,108
7.000%, 08/15/2029 (A)		370,000		385,904
10.500%, 06/01/2030 (A)(B)		940,000		1,028,135
Carnival Holdings Bermuda, Ltd. 10.375%, 05/01/2028 (A)		510,000		556,338
Carriage Purchaser, Inc. 7.875%, 10/15/2029 (A)		720,000		639,705
Carriage Services, Inc. 4.250%, 05/15/2029 (A)		390,000		345,812
Dornoch Debt Merger Sub, Inc. 6.625%, 10/15/2029 (A)		410,000		364,333
Empire Communities Corp. 7.000%, 12/15/2025 (A)(B)		650,000		652,629
Fertitta Entertainment LLC 4.625%, 01/15/2029 (A)		640,000		586,865
Fontainebleau Las Vegas Holdings LLC 11.000%, 06/15/2015 (A)(C)		3,600,425		360
Foot Locker, Inc. 4.000%, 10/01/2029 (A)(B)		640,000		538,848
Ford Motor Company
3.250%, 02/12/2032		340,000		282,814
6.100%, 08/19/2032 (B)		20,000		20,266
Ford Motor Credit Company LLC
4.000%, 11/13/2030		810,000		723,211
7.350%, 03/06/2030		940,000		1,002,188
Full House Resorts, Inc. 8.250%, 02/15/2028 (A)		1,160,000		1,108,542
Global Auto Holdings, Ltd. 8.750%, 01/15/2032 (A)		610,000		590,266

 

78

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

High Yield Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Consumer discretionary (continued)
Melco Resorts Finance, Ltd. 5.375%, 12/04/2029 (A)	$	340,000	$	310,131
Mohegan Tribal Gaming Authority
8.000%, 02/01/2026 (A)		333,000		325,844
13.250%, 12/15/2027 (A)		120,000		130,950
NCL Corp., Ltd.
5.875%, 02/15/2027 (A)		980,000		968,233
7.750%, 02/15/2029 (A)		1,180,000		1,225,166
8.125%, 01/15/2029 (A)		690,000		730,148
8.375%, 02/01/2028 (A)		800,000		845,059
NCL Finance, Ltd. 6.125%, 03/15/2028 (A)(B)		670,000		661,636
NMG Holding Company, Inc. 7.125%, 04/01/2026 (A)		300,000		293,781
PetSmart, Inc. 7.750%, 02/15/2029 (A)		250,000		243,386
Royal Caribbean Cruises, Ltd.
3.700%, 03/15/2028		720,000		670,126
6.250%, 03/15/2032 (A)		1,160,000		1,169,234
7.250%, 01/15/2030 (A)		840,000		872,745
Sally Holdings LLC 6.750%, 03/01/2032		310,000		307,576
Sizzling Platter LLC 8.500%, 11/28/2025 (A)		430,000		434,417
Speedway Motorsports LLC 4.875%, 11/01/2027 (A)		320,000		304,635
StoneMor, Inc. 8.500%, 05/15/2029 (A)		270,000		186,329
Sugarhouse HSP Gaming Prop Mezz LP 5.875%, 05/15/2025 (A)		270,000		269,314
The Michaels Companies, Inc. 5.250%, 05/01/2028 (A)		560,000		477,165
TopBuild Corp. 3.625%, 03/15/2029 (A)		490,000		445,118
Upbound Group, Inc. 6.375%, 02/15/2029 (A)		790,000		766,944
Viking Cruises, Ltd.
5.875%, 09/15/2027 (A)		170,000		166,790
7.000%, 02/15/2029 (A)		490,000		492,120
9.125%, 07/15/2031 (A)		1,290,000		1,410,758
VOC Escrow, Ltd. 5.000%, 02/15/2028 (A)		1,000,000		962,084
WW International, Inc. 4.500%, 04/15/2029 (A)		800,000		315,935
Wynn Macau, Ltd.
4.875%, 10/01/2024 (A)		310,000		306,363
5.625%, 08/26/2028 (A)		720,000		682,435
Wynn Resorts Finance LLC
5.125%, 10/01/2029 (A)		190,000		179,997
7.125%, 02/15/2031 (A)		600,000		620,938
ZF North America Capital, Inc. 7.125%, 04/14/2030 (A)		500,000		526,859
				32,837,387
Consumer staples – 0.8%
Darling Ingredients, Inc. 6.000%, 06/15/2030 (A)		400,000		396,401
Simmons Foods, Inc. 4.625%, 03/01/2029 (A)		590,000		521,390
Triton Water Holdings, Inc. 6.250%, 04/01/2029 (A)		610,000		555,597
				1,473,388
Energy – 11.1%
Antero Resources Corp. 5.375%, 03/01/2030 (A)		430,000		412,963

High Yield Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Energy (continued)
Berry Petroleum Company LLC 7.000%, 02/15/2026 (A)	$	1,000,000	$	987,142
Blue Racer Midstream LLC
6.625%, 07/15/2026 (A)		670,000		668,208
7.625%, 12/15/2025 (A)		350,000		351,926
Chesapeake Energy Corp. 5.500%, 02/01/2026 (A)		80,000		79,491
Chord Energy Corp. 6.375%, 06/01/2026 (A)		1,100,000		1,104,588
CNX Midstream Partners LP 4.750%, 04/15/2030 (A)		740,000		659,540
Crescent Energy Finance LLC
7.625%, 04/01/2032 (A)		400,000		403,082
9.250%, 02/15/2028 (A)		540,000		570,178
DCP Midstream Operating LP
6.450%, 11/03/2036 (A)		280,000		293,159
6.750%, 09/15/2037 (A)		200,000		217,524
Endeavor Energy Resources LP 5.750%, 01/30/2028 (A)		410,000		413,323
Energy Transfer LP 6.500%, (6.500% to 11-15-26, then 5 Year CMT + 5.694%), 11/15/2026 (D)		180,000		176,426
EQM Midstream Partners LP
6.500%, 07/15/2048		920,000		922,753
7.500%, 06/01/2030 (A)		360,000		384,820
Hilcorp Energy I LP
6.250%, 04/15/2032 (A)		530,000		522,684
8.375%, 11/01/2033 (A)		440,000		477,046
Howard Midstream Energy Partners LLC
6.750%, 01/15/2027 (A)		610,000		608,613
8.875%, 07/15/2028 (A)		370,000		390,428
Nabors Industries, Ltd. 7.250%, 01/15/2026 (A)		620,000		616,162
Noble Finance II LLC 8.000%, 04/15/2030 (A)		390,000		406,244
Northern Oil and Gas, Inc. 8.125%, 03/01/2028 (A)		850,000		862,741
Permian Resources Operating LLC
5.875%, 07/01/2029 (A)		200,000		196,668
7.000%, 01/15/2032 (A)		700,000		726,190
8.000%, 04/15/2027 (A)		260,000		267,784
9.875%, 07/15/2031 (A)		570,000		635,151
Range Resources Corp.
4.750%, 02/15/2030 (A)		120,000		111,882
8.250%, 01/15/2029		490,000		509,699
Shelf Drilling Holdings, Ltd. 9.625%, 04/15/2029 (A)(B)		620,000		598,939
SilverBow Resources, Inc. 13.079%, (3 month CME Term SOFR + 7.750%), 12/15/2028 (A)(E)		890,000		869,890
Southwestern Energy Company 4.750%, 02/01/2032		790,000		727,241
Summit Midstream Holdings LLC 9.000%, 10/15/2026 (A)		380,000		384,312
Tallgrass Energy Partners LP 6.000%, 12/31/2030 (A)		590,000		560,461
Venture Global Calcasieu Pass LLC
3.875%, 11/01/2033 (A)		320,000		271,873
4.125%, 08/15/2031 (A)		500,000		444,600
6.250%, 01/15/2030 (A)		570,000		573,456
Venture Global LNG, Inc. 9.875%, 02/01/2032 (A)		1,310,000		1,411,845
Vital Energy, Inc. 7.875%, 04/15/2032 (A)		480,000		487,617
				20,306,649

 

79

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

High Yield Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Financials – 11.5%
Acuris Finance U.S., Inc. 5.000%, 05/01/2028 (A)	$	200,000	$	181,728
Apollo Commercial Real Estate Finance, Inc. 4.625%, 06/15/2029 (A)		790,000		663,666
Banco Santander SA 9.625%, (9.625% to 11-21-33, then 5 Year CMT + 5.298%), 05/21/2033 (D)		600,000		660,875
Barclays PLC 8.000%, (8.000% to 6-15-24, then 5 Year CMT + 5.672%), 06/15/2024 (D)		380,000		379,004
BNP Paribas SA
7.375%, (7.375% to 8-19-25, then 5 Year U.S. Swap Rate + 5.150%), 08/19/2025 (A)(D)		390,000		390,925
7.750%, (7.750% to 8-16-29, then 5 Year CMT + 4.899%), 08/16/2029 (A)(D)		500,000		511,842
8.000%, (8.000% to 8-22-31, then 5 Year CMT + 3.727%), 08/22/2031 (A)(D)		210,000		214,332
Boost Newco Borrower LLC 7.500%, 01/15/2031 (A)		1,100,000		1,151,494
Burford Capital Global Finance LLC
6.250%, 04/15/2028 (A)		630,000		613,605
6.875%, 04/15/2030 (A)		500,000		490,965
9.250%, 07/01/2031 (A)		530,000		560,944
Citigroup, Inc.
5.950%, (5.950% to 5-15-25, then 3 month CME Term SOFR + 4.167%), 05/15/2025 (D)		180,000		179,730
6.300%, (6.300% to 5-15-24, then 3 month CME Term SOFR + 3.685%), 05/15/2024 (D)		410,000		408,376
7.200%, (7.200% to 5-15-29, then 5 Year CMT + 2.905), 05/15/2029 (D)		500,000		512,757
Coinbase Global, Inc. 3.625%, 10/01/2031 (A)(B)		540,000		436,081
Credit Agricole SA 8.125%, (8.125% to 12-23-25, then 5 Year U.S. Swap Rate + 6.185%), 12/23/2025 (A)(D)		860,000		877,200
FirstCash, Inc.
4.625%, 09/01/2028 (A)		280,000		263,540
5.625%, 01/01/2030 (A)		440,000		418,117
6.875%, 03/01/2032 (A)		360,000		359,832
Five Point Operating Company LP 10.500%, 01/15/2028 (A)(B)		671,669		691,538
Global Aircraft Leasing Company, Ltd. 6.500%, (6.500% Cash or 7.250% PIK), 09/15/2024 (A)		1,115,183		1,060,682
Highlands Holdings Bond Issuer, Ltd. 7.625%, (7.625% Cash or 8.375% PIK), 10/15/2025 (A)		945,962		934,708
Intesa Sanpaolo SpA 4.198%, (4.198% to 6-1-31, then 1 Year CMT + 2.600%), 06/01/2032 (A)		460,000		384,581
Jane Street Group 4.500%, 11/15/2029 (A)		480,000		444,093
Ladder Capital Finance Holdings LLLP
4.250%, 02/01/2027 (A)		460,000		430,368
4.750%, 06/15/2029 (A)		300,000		272,709
Lloyds Banking Group PLC 8.000%, (8.000% to 3-27-30, then 5 Year CMT + 3.913%), 09/27/2029 (D)		760,000		765,218

High Yield Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Financials (continued)
Midcap Financial Issuer Trust
5.625%, 01/15/2030 (A)	$	380,000	$	327,004
6.500%, 05/01/2028 (A)		430,000		396,678
NMI Holdings, Inc. 7.375%, 06/01/2025 (A)		410,000		414,111
Rocket Mortgage LLC
3.875%, 03/01/2031 (A)		630,000		548,856
4.000%, 10/15/2033 (A)		680,000		576,022
Ryan Specialty LLC 4.375%, 02/01/2030 (A)		520,000		486,006
Starwood Property Trust, Inc. 7.250%, 04/01/2029 (A)		340,000		342,706
StoneX Group, Inc. 7.875%, 03/01/2031 (A)		360,000		365,237
The Bank of Nova Scotia 8.000%, (8.000% to 1-27-29, then 5 Year CMT + 4.017%), 01/27/2084		340,000		345,977
The Charles Schwab Corp. 4.000%, (4.000% to 12-1-30, then 10 Year CMT + 3.079%), 12/01/2030 (D)		340,000		286,877
The Toronto-Dominion Bank 8.125%, (8.125% to 10-31-27, then 5 Year CMT + 4.075%), 10/31/2082		510,000		534,915
UBS Group AG
6.537%, (6.537% to 8-12-32, then Overnight SOFR + 3.920%), 08/12/2033 (A)		480,000		506,059
7.750%, (7.750% to 4-12-31, then 5 Year SOFR ICE Swap Rate + 4.160%), 04/12/2031 (A)(D)		220,000		226,263
9.016%, (9.016% to 11-15-32, then Overnight SOFR + 5.020%), 11/15/2033 (A)		310,000		376,137
9.250%, (9.250% to 11-13-28, then 5 Year CMT + 4.745%), 11/13/2028 (A)(D)		380,000		411,721
UniCredit SpA 5.459%, (5.459% to 6-30-30, then 5 Year CMT + 4.750%), 06/30/2035 (A)		720,000		676,119
				21,079,598
Health care – 5.1%
Akumin, Inc. 8.000%, (8.000% Cash and 0.000% PIK), 08/01/2027 (A)		720,000		624,600
AthenaHealth Group, Inc. 6.500%, 02/15/2030 (A)		340,000		310,970
Bausch Health Companies, Inc.
5.250%, 01/30/2030 (A)		600,000		247,528
6.125%, 02/01/2027 (A)		160,000		99,694
6.250%, 02/15/2029 (A)		1,220,000		521,426
Cano Health LLC 6.250%, 10/01/2028 (A)(C)		420,000		260
Community Health Systems, Inc.
5.250%, 05/15/2030 (A)		1,073,000		874,937
6.125%, 04/01/2030 (A)		170,000		122,589
6.875%, 04/15/2029 (A)		370,000		277,025
10.875%, 01/15/2032 (A)		530,000		545,911
LifePoint Health, Inc.
9.875%, 08/15/2030 (A)		1,010,000		1,056,502
11.000%, 10/15/2030 (A)		400,000		427,516
Medline Borrower LP
3.875%, 04/01/2029 (A)		240,000		218,450
5.250%, 10/01/2029 (A)		520,000		491,488
6.250%, 04/01/2029 (A)		450,000		452,015

 

80

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

High Yield Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Health care (continued)
Par Pharmaceutical, Inc. 7.500%, 04/01/2027 (A)(C)	$	720,000	$	471,999
Teva Pharmaceutical Finance Company LLC 6.150%, 02/01/2036		540,000		525,442
Teva Pharmaceutical Finance Netherlands III BV
5.125%, 05/09/2029 (B)		1,100,000		1,057,080
7.875%, 09/15/2029		200,000		214,682
8.125%, 09/15/2031		460,000		504,528
US Renal Care, Inc. 10.625%, 06/28/2028 (A)		336,000		292,320
				9,336,962
Industrials – 15.1%
AAR Escrow Issuer LLC 6.750%, 03/15/2029 (A)		530,000		534,078
Advanced Drainage Systems, Inc. 6.375%, 06/15/2030 (A)		350,000		351,811
AerCap Holdings NV 5.875%, (5.875% to 10-10-24, then 5 Year CMT + 4.535%), 10/10/2079		400,000		397,133
Allied Universal Holdco LLC
4.625%, 06/01/2028 (A)		520,000		472,663
6.625%, 07/15/2026 (A)		260,000		259,829
Alta Equipment Group, Inc. 5.625%, 04/15/2026 (A)		650,000		635,381
American Airlines, Inc.
5.750%, 04/20/2029 (A)		1,760,000		1,730,001
8.500%, 05/15/2029 (A)		720,000		760,649
Anagram Holdings LLC 10.000%, (0.000% Cash and 10.000% PIK), 08/15/2026 (A)(C)		96,829		1,210
ATS Corp. 4.125%, 12/15/2028 (A)		300,000		274,980
Beacon Roofing Supply, Inc. 6.500%, 08/01/2030 (A)		280,000		284,125
Bombardier, Inc.
7.250%, 07/01/2031 (A)		620,000		621,262
7.500%, 02/01/2029 (A)(B)		570,000		586,948
7.875%, 04/15/2027 (A)		170,000		170,119
8.750%, 11/15/2030 (A)		710,000		758,121
Brundage-Bone Concrete Pumping Holdings, Inc. 6.000%, 02/01/2026 (A)		500,000		493,811
Clean Harbors, Inc. 6.375%, 02/01/2031 (A)		310,000		312,277
CoreCivic, Inc. 8.250%, 04/15/2029		1,110,000		1,161,038
Covanta Holding Corp. 4.875%, 12/01/2029 (A)		510,000		457,088
Doman Building Materials Group, Ltd. 5.250%, 05/15/2026 (A)	CAD	280,000		198,442
Esab Corp. 6.250%, 04/15/2029 (A)	$	400,000		401,873
GFL Environmental, Inc. 6.750%, 01/15/2031 (A)		600,000		614,888
H&E Equipment Services, Inc. 3.875%, 12/15/2028 (A)		810,000		741,541
JB Poindexter & Company, Inc. 8.750%, 12/15/2031 (A)		450,000		465,134
Legends Hospitality Holding Company LLC 5.000%, 02/01/2026 (A)		160,000		158,511
Madison IAQ LLC
4.125%, 06/30/2028 (A)		460,000		425,454

High Yield Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Industrials (continued)
Madison IAQ LLC (continued)
5.875%, 06/30/2029 (A)	$	550,000	$	503,184
Mileage Plus Holdings LLC 6.500%, 06/20/2027 (A)		324,348		326,137
Miter Brands Acquisition Holdco, Inc. 6.750%, 04/01/2032 (A)		530,000		531,812
MIWD Holdco II LLC 5.500%, 02/01/2030 (A)		320,000		294,497
Park-Ohio Industries, Inc. 6.625%, 04/15/2027 (B)		270,000		252,617
PM General Purchaser LLC 9.500%, 10/01/2028 (A)		1,610,000		1,643,322
Prime Security Services Borrower LLC 6.250%, 01/15/2028 (A)		920,000		901,212
R.R. Donnelley & Sons Company 9.750%, 07/31/2028 (A)		360,000		390,017
Roller Bearing Company of America, Inc. 4.375%, 10/15/2029 (A)		730,000		668,402
RXO, Inc. 7.500%, 11/15/2027 (A)		160,000		164,200
Spirit Loyalty Cayman, Ltd. 8.000%, 09/20/2025 (A)		1,286,000		976,235
Stena International SA 7.250%, 01/15/2031 (A)		440,000		438,879
The GEO Group, Inc.
9.500%, 12/31/2028 (A)		945,000		952,088
10.500%, 06/30/2028		367,000		373,881
Titan International, Inc. 7.000%, 04/30/2028		670,000		661,135
TransDigm, Inc.
6.625%, 03/01/2032 (A)		400,000		404,116
6.750%, 08/15/2028 (A)		630,000		638,315
7.125%, 12/01/2031 (A)		350,000		360,695
Tutor Perini Corp. 6.875%, 05/01/2025 (A)(B)		280,000		277,133
United Airlines 2020-1 Class B Pass Through Trust 4.875%, 01/15/2026		166,800		164,119
United Airlines, Inc. 4.625%, 04/15/2029 (A)		460,000		427,800
United Rentals North America, Inc.
3.875%, 02/15/2031		510,000		456,962
5.250%, 01/15/2030		400,000		390,165
Vertiv Group Corp. 4.125%, 11/15/2028 (A)		760,000		707,136
VistaJet Malta Finance PLC
6.375%, 02/01/2030 (A)(B)		690,000		508,615
7.875%, 05/01/2027 (A)(B)		300,000		253,627
9.500%, 06/01/2028 (A)		80,000		68,025
XPO CNW, Inc. 6.700%, 05/01/2034		370,000		385,086
XPO, Inc. 7.125%, 02/01/2032 (A)		220,000		226,413
				27,614,192
Information technology – 3.1%
CA Magnum Holdings 5.375%, 10/31/2026 (A)		410,000		391,680
Central Parent, Inc. 7.250%, 06/15/2029 (A)		650,000		663,524
CommScope Technologies LLC 5.000%, 03/15/2027 (A)		730,000		281,955
CommScope, Inc. 4.750%, 09/01/2029 (A)		1,500,000		1,080,000

 

81

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

High Yield Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Information technology (continued)
Elastic NV 4.125%, 07/15/2029 (A)	$	570,000	$	512,946
Gen Digital, Inc. 7.125%, 09/30/2030 (A)		340,000		349,329
Helios Software Holdings, Inc. 4.625%, 05/01/2028 (A)		530,000		475,556
NCR Atleos Corp. 9.500%, 04/01/2029 (A)		590,000		631,069
Open Text Corp. 6.900%, 12/01/2027 (A)		360,000		372,236
Rackspace Finance LLC 3.500%, 05/15/2028 (A)		491,400		248,157
Vericast Corp. 11.000%, 09/15/2026 (A)		650,000		693,063
				5,699,515
Materials – 4.8%
ARD Finance SA 6.500%, (6.500% Cash or 7.250% PIK), 06/30/2027 (A)		1,150,000		384,839
Ardagh Metal Packaging Finance USA LLC 4.000%, 09/01/2029 (A)		800,000		644,841
Canpack SA 3.875%, 11/15/2029 (A)		700,000		619,466
Cascades, Inc. 5.375%, 01/15/2028 (A)		530,000		508,826
First Quantum Minerals, Ltd.
6.875%, 10/15/2027 (A)		700,000		671,136
8.625%, 06/01/2031 (A)(B)		310,000		301,345
9.375%, 03/01/2029 (A)		1,330,000		1,377,767
Freeport-McMoRan, Inc. 5.450%, 03/15/2043		1,060,000		1,014,811
Hudbay Minerals, Inc. 6.125%, 04/01/2029 (A)		790,000		780,920
LSF11 A5 HoldCo LLC 6.625%, 10/15/2029 (A)		530,000		477,233
Midwest Vanadium Proprietary, Ltd. 13.250%, 02/15/2018 (A)(C)		912,943		913
Northwest Acquisitions ULC 7.125%, 11/01/2022 (A)(C)		950,000		10
Smyrna Ready Mix Concrete LLC
6.000%, 11/01/2028 (A)		950,000		928,489
8.875%, 11/15/2031 (A)		470,000		502,379
Summit Materials LLC 5.250%, 01/15/2029 (A)		600,000		584,662
				8,797,637
Real estate – 2.3%
Cushman & Wakefield US Borrower LLC 8.875%, 09/01/2031 (A)		450,000		475,543
Diversified Healthcare Trust
4.375%, 03/01/2031		250,000		187,179
4.750%, 02/15/2028 (B)		220,000		178,381
9.750%, 06/15/2025		170,000		170,125
Forestar Group, Inc.
3.850%, 05/15/2026 (A)		550,000		525,245
5.000%, 03/01/2028 (A)		250,000		240,377
IIP Operating Partnership LP 5.500%, 05/25/2026		890,000		844,768
Iron Mountain Information Management Services, Inc. 5.000%, 07/15/2032 (A)		410,000		374,441
MPT Operating Partnership LP
3.500%, 03/15/2031		200,000		137,324
4.625%, 08/01/2029		260,000		199,542

High Yield Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Real estate (continued)
Service Properties Trust
5.500%, 12/15/2027	$	400,000	$	381,296
8.625%, 11/15/2031 (A)		390,000		415,910
				4,130,131
Utilities – 1.2%
Calpine Corp. 3.750%, 03/01/2031 (A)		300,000		262,714
Suburban Propane Partners LP 5.000%, 06/01/2031 (A)		340,000		309,972
Sunnova Energy Corp. 5.875%, 09/01/2026 (A)(B)		740,000		576,091
Superior Plus LP 4.500%, 03/15/2029 (A)		290,000		268,119
TransAlta Corp. 7.750%, 11/15/2029		310,000		322,242
Vistra Operations Company LLC 7.750%, 10/15/2031 (A)		420,000		439,858
				2,178,996
TOTAL CORPORATE BONDS (Cost $166,075,334)			$	152,590,744
CONVERTIBLE BONDS – 0.5%
Communication services – 0.2%
DISH Network Corp. 3.375%, 08/15/2026		530,000		329,925
Consumer discretionary – 0.2%
DraftKings Holdings, Inc. 3.754%, 03/15/2028 (F)		470,000		405,375
Utilities – 0.1%
NextEra Energy Partners LP 2.500%, 06/15/2026 (A)(B)		190,000		170,992
TOTAL CONVERTIBLE BONDS (Cost $1,119,789)			$	906,292
TERM LOANS (G) – 4.2%
Consumer discretionary – 1.5%
Adtalem Global Education, Inc., 2024 Term Loan B (1 month CME Term SOFR + 3.500%) 8.826%, 08/11/2028		241,666		242,372
Clarios Global LP, 2024 Term Loan B (1 month CME Term SOFR + 3.000%) 8.330%, 05/06/2030		349,125		349,670
First Brands Group LLC, 2021 Term Loan (3 month CME Term SOFR + 5.000%) 10.574%, 03/30/2027		339,500		339,670
Spencer Spirit IH LLC, Term Loan B (1 month CME Term SOFR + 6.000%) 11.422%, 06/19/2026		552,844		550,539
Station Casinos LLC, 2024 Term Loan B 03/14/2031 TBD (H)		680,000		678,688
Upbound Group, Inc., 2021 First Lien Term Loan B (3 month CME Term SOFR + 3.250%) 9.119%, 02/17/2028		553,411		552,487
				2,713,426
Financials – 0.5%
Acrisure LLC, 2020 Term Loan B (1 month CME Term SOFR + 3.500%) 8.945%, 02/15/2027		441,600		440,655
Asurion LLC, 2022 Term Loan B10 (1 month CME Term SOFR + 4.000%) 9.426%, 08/19/2028		394,000		378,650

 

82

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

High Yield Trust (continued)

		Shares or Principal Amount	Value
TERM LOANS (G) (continued)
Financials (continued)
Deerfield Dakota Holding LLC, 2021 USD 2nd Lien Term Loan (3 month CME Term SOFR + 6.750%) 12.321%, 04/07/2028	$	190,000	$	189,288
				1,008,593
Health care – 0.6%
Cotiviti, Inc., 2024 Term Loan 02/21/2031 TBD (H)		360,000		359,100
Eyecare Partners LLC, 2020 Term Loan (3 month CME Term SOFR + 3.750%) 9.324%, 02/18/2027		262,616		137,874
Eyecare Partners LLC, 2022 Incremental Term Loan (3 month CME Term SOFR + 4.500%) 9.913%, 11/15/2028		376,200		197,975
LifePoint Health, Inc., 2023 Term Loan B (3 month CME Term SOFR + 5.500%) 11.087%, 11/16/2028		355,466		356,291
				1,051,240
Industrials – 0.3%
Mileage Plus Holdings LLC, 2020 Term Loan B (3 month CME Term SOFR + 5.250%) 10.733%, 06/21/2027		292,500		300,842
United Airlines, Inc., 2024 Term Loan B (3 month CME Term SOFR + 2.750%) 8.076%, 02/15/2031		210,000		209,966
				510,808
Information technology – 1.1%
Dcert Buyer, Inc., 2021 2nd Lien Term Loan (1 month CME Term SOFR + 7.000%) 12.330%, 02/19/2029		820,000		736,204
Global Tel*Link Corp., 2018 1st Lien Term Loan (1 month CME Term SOFR + 4.250%) 9.680%, 11/29/2025		480,034		466,032
MRI Software LLC, 2020 Term Loan (3 month CME Term SOFR + 5.500%) 10.948%, 02/10/2027		61,278		60,818
MRI Software LLC, 2020 Term Loan B (3 month CME Term SOFR + 5.500%) 10.948%, 02/10/2027		106,543		105,744
Neptune Bidco US, Inc., 2022 USD Term Loan B (3 month CME Term SOFR + 5.000%) 10.423%, 04/11/2029		208,425		191,893
Peraton Corp., Term Loan B (1 month CME Term SOFR + 3.750%) 9.180%, 02/01/2028		408,218		407,455
				1,968,146
Materials – 0.2%
Arctic Canadian Diamond Company, Ltd., 2nd Lien PIK Term Loan (0.000% Cash and 10.000% PIK) 10.000%, 12/31/2027 (I)		519,580		469,752
TOTAL TERM LOANS (Cost $8,102,751)			$	7,721,965
ASSET BACKED SECURITIES – 7.1%
Aimco CLO, Ltd. Series 2020-12A, Class DR (3 month CME Term SOFR + 2.900%) 8.217%, 01/17/2032 (A)(E)		350,000		347,075
ALM, Ltd. Series 2020-1A, Class D (3 month CME Term SOFR + 6.262%) 11.576%, 10/15/2029 (A)(E)		560,000		552,046

High Yield Trust (continued)

		Shares or Principal Amount	Value
ASSET BACKED SECURITIES (continued)
Ammc CLO, Ltd. Series 2024-30A, Class D (3 month CME Term SOFR + 4.500%) 9.791%, 01/15/2037 (A)(E)	$	190,000	$	190,190
Balboa Bay Loan Funding, Ltd. Series 2020-1A, Class ER (3 month CME Term SOFR + 6.662%) 11.979%, 01/20/2032 (A)(E)		500,000		488,615
Ballyrock CLO, Ltd. Series 2022-19A, Class D (3 month CME Term SOFR + 7.110%) 12.428%, 04/20/2035 (A)(E)		710,000		704,491
Barings CLO, Ltd.
Series 2018-3A, Class D (3 month CME Term SOFR + 3.162%) 8.479%, 07/20/2029 (A)(E)		250,000		250,192
Series 2020-4A, Class E (3 month CME Term SOFR + 5.942%) 11.259%, 01/20/2032 (A)(E)		330,000		325,879
Battalion CLO, Ltd. Series 2021-20A, Class D (3 month CME Term SOFR + 3.362%) 8.676%, 07/15/2034 (A)(E)		250,000		242,892
Benefit Street Partners CLO XII, Ltd. Series 2017-12A, Class C (3 month CME Term SOFR + 3.312%) 8.626%, 10/15/2030 (A)(E)		250,000		249,991
Carlyle Global Market Strategies CLO, Ltd. Series 2015-1A, Class DR3 (3 month CME Term SOFR + 3.212%) 8.529%, 07/20/2031 (A)(E)		250,000		249,986
Carlyle US CLO, Ltd. Series 2017-2A, Class C (3 month CME Term SOFR + 3.962%) 9.279%, 07/20/2031 (A)(E)		500,000		495,656
Catskill Park CLO, Ltd. Series 2017-1A, Class D (3 month CME Term SOFR + 6.262%) 11.579%, 04/20/2029 (A)(E)		500,000		495,082
Clover CLO, LLC Series 2018-1A, Class DR (3 month CME Term SOFR + 3.362%) 8.679%, 04/20/2032 (A)(E)		260,000		260,001
Dryden CLO, Ltd. Series 2021-87A, Class D (3 month CME Term SOFR + 3.212%) 8.531%, 05/20/2034 (A)(E)		220,000		217,934
Eaton Vance CLO, Ltd. Series 2020-2A, Class ER (3 month CME Term SOFR + 6.762%) 12.076%, 01/15/2035 (A)(E)		440,000		423,714
Great Lakes CLO, Ltd. Series 2014-1A, Class CR (3 month CME Term SOFR + 2.962%) 8.355%, 10/15/2029 (A)(E)		400,000		399,981
Greenwood Park CLO, Ltd.
Series 2018-1A, Class D (3 month CME Term SOFR + 2.762%) 8.076%, 04/15/2031 (A)(E)		290,000		285,526
Series 2018-1A, Class E (3 month CME Term SOFR + 5.212%) 10.526%, 04/15/2031 (A)(E)		250,000		236,957
Greywolf CLO IV, Ltd. Series 2019-1A, Class CR (3 month CME Term SOFR + 3.910%) 9.228%, 04/17/2034 (A)(E)		250,000		249,980

 

83

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

High Yield Trust (continued)

		Shares or Principal Amount	Value
ASSET BACKED SECURITIES (continued)
Grippen Park CLO, Ltd. Series 2017-1A, Class E (3 month CME Term SOFR + 5.962%) 11.279%, 01/20/2030 (A)(E)	$	420,000	$	414,034
ICG US CLO, Ltd. Series 2022-1A, Class DJ (3 month CME Term SOFR + 5.730%) 11.048%, 07/20/2035 (A)(E)		325,000		324,032
Magnetite XII, Ltd. Series 2015-12A, Class ER (3 month CME Term SOFR + 5.942%) 11.256%, 10/15/2031 (A)(E)		300,000		299,634
Magnetite XXIV, Ltd. Series 2019-24A, Class ER (3 month CME Term SOFR + 6.400%) 11.714%, 04/15/2035 (A)(E)		250,000		244,498
Mountain View CLO IX, Ltd. Series 2015-9A, Class CR (3 month CME Term SOFR + 3.382%) 8.696%, 07/15/2031 (A)(E)		250,000		244,966
Neuberger Berman CLO XVIII, Ltd. Series 2014-18A, Class DR2 (3 month CME Term SOFR + 6.182%) 11.499%, 10/21/2030 (A)(E)		250,000		247,519
Neuberger Berman CLO XVI-S, Ltd. Series 2017-16SA, Class DR (3 month CME Term SOFR + 3.162%) 8.476%, 04/15/2034 (A)(E)		400,000		387,480
Neuberger Berman Loan Advisers CLO, Ltd.
Series 2017-25A, Class DR (3 month CME Term SOFR + 3.112%) 8.410%, 10/18/2029 (A)(E)		250,000		248,689
Series 2018-28A, Class D (3 month CME Term SOFR + 3.112%) 8.429%, 04/20/2030 (A)(E)		300,000		298,068
Oaktree CLO, Ltd. Series 2022-2A, Class DR (3 month CME Term SOFR + 4.500%) 9.814%, 07/15/2033 (A)(E)		450,000		450,691
Octagon 55, Ltd. Series 2021-1A, Class D (3 month CME Term SOFR + 3.362%) 8.679%, 07/20/2034 (A)(E)		360,000		357,254
OHA Credit Funding, Ltd. Series 2020-7A, Class DR (3 month CME Term SOFR + 3.100%) 8.410%, 02/24/2037 (A)(E)		250,000		249,987
Palmer Square Loan Funding, Ltd. Series 2022-3A, Class CR (3 month CME Term SOFR + 3.000%) 8.321%, 04/15/2031 (A)(E)		290,000		289,996
Sculptor CLO XXVI, Ltd. Series 2026-A, Class E (3 month CME Term SOFR + 7.512%) 12.829%, 07/20/2034 (A)(E)		280,000		278,578
Symphony CLO, Ltd. Series 2023-40A, Class D (3 month CME Term SOFR + 5.000%) 10.344%, 01/14/2034 (A)(E)		160,000		161,309
Trinitas CLO XXVI, Ltd. Series 2023-26A, Class D (3 month CME Term SOFR + 4.500%) 9.818%, 01/20/2035 (A)(E)		870,000		873,482

High Yield Trust (continued)

		Shares or Principal Amount	Value
ASSET BACKED SECURITIES (continued)
Venture XVII CLO, Ltd. Series 2014-17A, Class DRR (3 month CME Term SOFR + 3.082%) 8.396%, 04/15/2027 (A)(E)	$	350,000	$	350,036
Voya CLO III, Ltd. Series 2020-3A, Class DR (3 month CME Term SOFR + 3.512%) 8.829%, 10/20/2034 (A)(E)		500,000		499,997
TOTAL ASSET BACKED SECURITIES (Cost $12,740,533)			$	12,886,438
COMMON STOCKS – 0.5%
Communication services – 0.0%
New Cotai, Inc., Class B (I)(J)(K)		3		0
Energy – 0.5%
Berry Corp.		62,206		500,752
Chord Energy Corp.		2,636		469,841
KCAD Holdings I, Ltd.  (I)(J)(K)		165,553,563		166
MWO Holdings LLC (I)(J)(K)		445		2,768
Permian Production (I)(K)		19,583		11,750
				985,277
TOTAL COMMON STOCKS (Cost $2,804,633)			$	985,277
PREFERRED SECURITIES – 0.4%
Energy – 0.4%
Equitrans Midstream Corp., 9.750% (9.750% to 3-31-24, then 3 month LIBOR + 8.150%)		29,678		645,497
TOTAL PREFERRED SECURITIES (Cost $660,336)			$	645,497
ESCROW SHARES – 0.0%
Arctic Canadian Diamonds Holding Units (I)(K)		494		64,087
TOTAL ESCROW SHARES (Cost $0)			$	64,087
ESCROW CERTIFICATES – 0.0%
Adelphia Communications Corp. (I)(K)	$	3,000,000		0
Adelphia Communications Corp. (I)(K)		2,050,000		0
Adelphia Communications Corp. (I)(K)		1,025,000		0
Magellan Health, Inc. (I)(K)		1,930,000		0
TOTAL ESCROW CERTIFICATES (Cost $338,778)			$	0
SHORT-TERM INVESTMENTS – 7.5%
Short-term funds – 7.5%
John Hancock Collateral Trust, 5.2975% (L)(M)		1,235,974		12,356,525
State Street Institutional Treasury Plus Money Market Fund, Premier Class, 5.2380% (L)		1,357,489		1,357,489
TOTAL SHORT-TERM INVESTMENTS (Cost $13,717,847)			$	13,714,014
Total Investments (High Yield Trust) (Cost $206,326,646) – 104.0%			$	190,067,473
Other assets and liabilities, net – (4.0%)				(7,345,533)
TOTAL NET ASSETS – 100.0%			$	182,721,940

Currency Abbreviations
CAD	Canadian Dollar

Security Abbreviations and Legend
CME	CME Group Published Rates
CMT	Constant Maturity Treasury
ICE	Intercontinental Exchange
LIBOR	London Interbank Offered Rate
PIK	Pay-in-Kind Security - Represents a payment-in-kind which may pay interest in additional par and/or cash. Rates shown are the current rate and most recent payment rate.

 

84

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

High Yield Trust (continued)

SOFR	Secured Overnight Financing Rate
(A)	These securities are exempt from registration under Rule 144A of the Securities Act of 1933. Such securities may be resold, normally to qualified institutional buyers, in transactions exempt from registration. Rule 144A securities amounted to $141,392,553 or 77.4% of the fund's net assets as of 3-31-24.
(B)	All or a portion of this security is on loan as of 3-31-24. The value of securities on loan amounted to $12,104,615.
(C)	Non-income producing - Issuer is in default.
(D)	Perpetual bonds have no stated maturity date. Date shown as maturity date is next call date.
(E)	Variable rate obligation. The coupon rate shown represents the rate at period end.
(F)	Zero coupon bonds are issued at a discount from their principal amount in lieu of paying interest periodically. Rate shown is the effective yield at period end.

High Yield Trust (continued)

(G)	Term loans are variable rate obligations. The rate shown represents the rate at period end.
(H)	This position represents an unsettled loan commitment at period end. Certain details associated with this purchase are not known prior to the settlement date, including coupon rate, which is disclosed as TBD (To Be Determined).
(I)	Security is valued using significant unobservable inputs and is classified as Level 3 in the fair value hierarchy.
(J)	Restricted security as to resale, excluding 144A securities. For more information on this security refer to the Notes to Portfolio of Investments.
(K)	Non-income producing security.
(L)	The rate shown is the annualized seven-day yield as of 3-31-24.
(M)	Investment is an affiliate of the fund, the advisor and/or subadvisor. This security represents the investment of cash collateral received for securities lending.

 

DERIVATIVES

FUTURES

Open contracts	Number of contracts	Position	Expiration date	Notional basis^	Notional value^	Unrealized appreciation (depreciation)
5-Year U.S. Treasury Note Futures	81	Long	Jun 2024	$8,650,835	$8,668,266	$17,431
						$17,431

^ Notional basis refers to the contractual amount agreed upon at inception of open contracts; notional value represents the current value of the open contract.

FORWARD FOREIGN CURRENCY CONTRACTS

Contract to buy		Contract to sell		Counterparty (OTC)	Contractual settlement date	Unrealized appreciation	Unrealized depreciation
EUR	442,617	USD	487,806	BNP	4/19/2024	—	$(9,985)
MXN	195,721	USD	11,385	JPM	4/19/2024	$357	—
USD	1,743	CAD	2,334	MSCS	4/19/2024	20	—
						$377	$(9,985)

SWAPS

Credit default swaps - Buyer
Counterparty (OTC)/ Centrally cleared	Reference obligation	Notional amount	Currency	USD notional amount	Pay fixed rate	Fixed payment frequency	Maturity date	Unamortized upfront payment paid (received)	Unrealized appreciation (depreciation)	Value
Centrally cleared	The Goodyear Tire & Rubber Company	470,000	USD	$470,000	5.000%	Quarterly	Jun 2027	$(5,479)	$(45,596)	$(51,075)
Centrally cleared	Transocean, Inc.	1,168,000	USD	1,168,000	1.000%	Quarterly	Dec 2028	167,886	(51,425)	116,461
Centrally cleared	General Motors Company	380,000	USD	380,000	5.000%	Quarterly	Jun 2029	(63,059)	(5,174)	(68,233)
				$2,018,000				$99,348	$(102,195)	$(2,847)

Credit default swaps - Seller
Counterparty (OTC)/ Centrally cleared	Reference obligation	Implied credit spread	Notional amount	Currency	USD notional amount	Received fixed rate	Fixed payment frequency	Maturity date	Unamortized upfront payment paid (received)	Unrealized appreciation (depreciation)	Value
Centrally cleared	CDX.NA.HY.41	3.108%	3,578,850	USD	$3,578,850	5.000%	Quarterly	Dec 2028	$192,468	$78,113	$270,581
Centrally cleared	Nabors Industries, Inc.	5.455%	1,168,000	USD	1,168,000	1.000%	Quarterly	Dec 2028	(232,741)	38,226	(194,515)
Centrally cleared	American Axle & Manufacturing, Inc.	3.926%	470,000	USD	470,000	5.000%	Quarterly	Jun 2029	12,276	9,877	22,153
Centrally cleared	Ford Motor Company	1.471%	1,180,000	USD	1,180,000	5.000%	Quarterly	Jun 2029	177,124	14,371	191,495
					$6,396,850				$149,127	$140,587	$289,714

85

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

High Yield Trust (continued)

Derivatives Currency Abbreviations
CAD	Canadian Dollar
EUR	Euro
MXN	Mexican Peso
USD	U.S. Dollar

Derivatives Abbreviations
BNP	BNP Paribas
JPM	JPMorgan Chase Bank, N.A.
MSCS	Morgan Stanley Capital Services LLC
OTC	Over-the-counter

International Equity Index Trust

	Shares or Principal Amount	Value
COMMON STOCKS - 96.3%
Australia - 4.5%
Ampol, Ltd.	8,214	$	213,073
ANZ Group Holdings, Ltd.	103,645		1,986,467
APA Group	40,668		222,901
Aristocrat Leisure, Ltd.	20,772		581,634
ASX, Ltd.	6,673		288,693
Aurizon Holdings, Ltd.	63,445		165,430
BHP Group, Ltd.	174,621		5,048,970
BlueScope Steel, Ltd.	15,384		239,268
Brambles, Ltd.	49,445		520,363
carsales.com, Ltd.	12,240		287,711
Cochlear, Ltd.	2,361		519,256
Coles Group, Ltd.	45,978		507,560
Commonwealth Bank of Australia	57,693		4,525,397
Computershare, Ltd.	18,728		318,991
CSL, Ltd.	16,643		3,122,677
Dexus	39,487		203,460
EBOS Group, Ltd.	5,681		116,187
Endeavour Group, Ltd.	46,231		165,989
Fortescue, Ltd.	58,369		976,805
Goodman Group	57,954		1,276,567
IDP Education, Ltd.	9,109		106,330
Insurance Australia Group, Ltd.	88,042		367,251
Macquarie Group, Ltd.	12,682		1,649,640
Medibank Private, Ltd.	99,625		244,093
Mineral Resources, Ltd.	5,861		270,416
Mirvac Group	141,329		217,224
National Australia Bank, Ltd.	107,467		2,433,271
Northern Star Resources, Ltd.	39,419		371,940
Orica, Ltd.	15,382		182,959
Origin Energy, Ltd.	60,705		364,151
Pilbara Minerals, Ltd.	98,494		245,786
Qantas Airways, Ltd. (A)	31,854		113,086
QBE Insurance Group, Ltd.	50,892		601,578
Ramsay Health Care, Ltd.	6,743		248,237
REA Group, Ltd.	1,952		235,856
Reece, Ltd.	7,679		140,600
Rio Tinto, Ltd.	12,795		1,015,477
Santos, Ltd.	110,903		561,490
Scentre Group	178,901		395,106
SEEK, Ltd.	11,910		194,211
Seven Group Holdings, Ltd.	5,637		149,795
Sonic Healthcare, Ltd.	16,282		312,008
South32, Ltd.	112,851		220,209
South32, Ltd. (London Stock Exchange)	48,980		95,527
Stockland	87,409		276,201
Suncorp Group, Ltd.	43,519		464,517
Telstra Group, Ltd.	142,830		359,277
The GPT Group	71,628		213,165
The Lottery Corp., Ltd.	82,609		277,037
Transurban Group	105,808		917,895

International Equity Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Australia (continued)
Treasury Wine Estates, Ltd.	29,128	$	236,274
Vicinity, Ltd.	148,057		205,508
Washington H. Soul Pattinson & Company, Ltd.	7,463		163,383
Wesfarmers, Ltd.	39,081		1,742,026
Westpac Banking Corp.	119,614		2,034,410
WiseTech Global, Ltd.	5,743		351,258
Woodside Energy Group, Ltd.	64,951		1,294,625
Woolworths Group, Ltd.	41,774		902,986
			41,462,202
Austria - 0.1%
Erste Group Bank AG	11,747		523,539
OMV AG	5,543		262,531
Verbund AG	2,442		178,413
voestalpine AG	4,357		122,228
			1,086,711
Belgium - 0.5%
Ageas SA/NV	5,462		253,031
Anheuser-Busch InBev SA/NV	29,951		1,823,243
D'ieteren Group	850		188,447
Elia Group SA/NV	1,148		123,921
Groupe Bruxelles Lambert NV	3,220		243,427
KBC Group NV	8,597		644,537
Lotus Bakeries NV	14		135,168
Sofina SA	537		120,422
Syensqo SA (A)	2,508		237,648
UCB SA	4,356		537,737
Umicore SA	7,155		154,259
Warehouses De Pauw CVA	6,048		172,458
			4,634,298
Brazil - 1.0%
Ambev SA	159,630		397,531
Atacadao SA	21,800		59,244
B3 SA - Brasil Bolsa Balcao	196,921		470,767
Banco Bradesco SA	51,324		130,372
Banco BTG Pactual SA	40,604		294,932
Banco do Brasil SA	28,713		324,148
Banco Santander Brasil SA	14,000		79,611
BB Seguridade Participacoes SA	24,400		158,210
Caixa Seguridade Participacoes SA	20,700		64,468
CCR SA	40,100		110,496
Centrais Eletricas Brasileiras SA	41,047		341,281
Centrais Eletricas Brasileiras SA, ADR	1,429		13,218
Cia de Saneamento Basico do Estado de Sao Paulo	11,270		190,328
Cia Siderurgica Nacional SA	10,900		34,121
Cia Siderurgica Nacional SA, ADR	11,800		36,934
Cosan SA	40,344		130,313
CPFL Energia SA	7,900		54,831

 

86

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

International Equity Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Brazil (continued)
Energisa SA	8,850	$	84,470
Eneva SA (A)	29,700		75,502
Engie Brasil Energia SA	7,275		58,398
Equatorial Energia SA	34,904		226,527
Hapvida Participacoes e Investimentos SA (A)(B)	167,399		123,495
Hypera SA	14,108		92,630
JBS SA	34,073		146,064
Klabin SA	24,000		120,876
Localiza Rent a Car SA	30,716		334,879
Lojas Renner SA	32,186		108,968
Magazine Luiza SA (A)	94,607		33,954
Magazine Luiza SA (A)	10,595		3,802
Natura & Company Holding SA	26,929		96,002
Petroleo Brasileiro SA	128,229		978,707
PRIO SA	27,700		269,190
Raia Drogasil SA	44,036		240,313
Rede D'Or Sao Luiz SA (B)	19,600		98,911
Rumo SA	45,451		201,727
Sendas Distribuidora SA	46,190		135,474
Suzano SA	24,163		308,240
Suzano SA, ADR	3,164		40,436
Telefonica Brasil SA	9,652		97,378
Telefonica Brasil SA, ADR	6,017		60,591
TIM SA	28,020		99,445
TOTVS SA	17,746		100,417
Ultrapar Participacoes SA	25,400		144,184
Vale SA	117,250		1,422,083
Vibra Energia SA	44,000		219,412
WEG SA	56,116		427,410
			9,240,290
Canada - 7.4%
Agnico Eagle Mines, Ltd.	17,151		1,022,691
Air Canada (A)	7,300		105,683
Alimentation Couche-Tard, Inc.	26,600		1,518,177
AltaGas, Ltd.	9,500		209,841
ARC Resources, Ltd.	20,700		369,056
Bank of Montreal	24,987		2,439,578
Barrick Gold Corp.	41,577		691,543
Barrick Gold Corp. (London Stock Exchange)	18,057		298,166
BCE, Inc.	2,924		99,363
Brookfield Asset Management, Ltd., Class A	12,268		515,337
Brookfield Corp. (A)	47,672		1,994,795
BRP, Inc.	1,300		87,287
CAE, Inc. (A)	12,000		247,787
Cameco Corp.	15,100		653,696
Canadian Apartment Properties REIT	3,400		116,693
Canadian Imperial Bank of Commerce	31,709		1,607,513
Canadian National Railway Company	19,000		2,501,960
Canadian Natural Resources, Ltd.	36,860		2,811,815
Canadian Pacific Kansas City, Ltd.	32,100		2,830,241
Canadian Tire Corp., Ltd., Class A	1,800		179,528
Canadian Utilities, Ltd., Class A	4,600		104,765
CCL Industries, Inc., Class B	5,400		275,990
Cenovus Energy, Inc.	47,972		959,050
CGI, Inc. (A)	7,200		794,336
Constellation Software, Inc.	700		1,912,074
Dollarama, Inc.	9,700		738,949
Element Fleet Management Corp.	13,500		218,165
Emera, Inc.	9,500		334,329
Empire Company, Ltd., Class A	4,900		119,665
Enbridge, Inc.	72,700		2,627,194
Fairfax Financial Holdings, Ltd.	719		775,026

International Equity Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Canada (continued)
First Quantum Minerals, Ltd.	20,054	$	215,560
FirstService Corp.	1,500		248,330
Fortis, Inc.	17,449		689,432
Franco-Nevada Corp.	6,636		790,706
George Weston, Ltd.	2,099		283,591
GFL Environmental, Inc.	7,900		272,422
Gildan Activewear, Inc.	6,000		222,672
Great-West Lifeco, Inc.	9,900		316,613
Hydro One, Ltd. (B)	11,900		347,016
iA Financial Corp., Inc.	3,500		217,434
IGM Financial, Inc.	3,000		77,361
Imperial Oil, Ltd.	6,430		443,509
Intact Financial Corp.	6,100		990,915
Ivanhoe Mines, Ltd., Class A (A)	23,800		283,938
Keyera Corp.	8,500		218,940
Kinross Gold Corp.	45,229		277,474
Loblaw Companies, Ltd.	5,540		613,897
Lundin Mining Corp.	26,000		266,037
Magna International, Inc.	9,200		501,176
Manulife Financial Corp. (C)	62,100		1,550,953
MEG Energy Corp. (A)	9,800		225,005
Metro, Inc.	7,957		427,177
National Bank of Canada	11,500		968,359
Northland Power, Inc.	8,100		132,334
Nutrien, Ltd.	16,890		917,600
Onex Corp.	2,700		202,258
Open Text Corp.	9,700		376,385
Pan American Silver Corp.	12,300		185,424
Parkland Corp.	5,416		172,490
Pembina Pipeline Corp.	18,698		659,962
Power Corp. of Canada	20,512		575,133
Quebecor, Inc., Class B	6,400		140,280
Restaurant Brands International, Inc.	10,046		797,791
RioCan Real Estate Investment Trust	6,300		85,904
Rogers Communications, Inc., Class B	12,100		495,774
Royal Bank of Canada	48,586		4,900,387
Saputo, Inc.	9,100		179,037
Shopify, Inc., Class A (A)	41,500		3,201,617
Stantec, Inc.	3,800		315,491
Sun Life Financial, Inc.	19,800		1,080,372
Suncor Energy, Inc.	45,035		1,662,028
TC Energy Corp.	35,746		1,436,649
Teck Resources, Ltd., Class B	16,161		739,716
TELUS Corp.	16,408		262,494
TFI International, Inc.	2,700		430,549
The Bank of Nova Scotia	41,778		2,161,149
The Descartes Systems Group, Inc. (A)	2,900		265,262
The Toronto-Dominion Bank	61,084		3,686,551
Thomson Reuters Corp.	5,454		848,771
TMX Group, Ltd.	10,000		263,778
Toromont Industries, Ltd.	3,200		307,940
Tourmaline Oil Corp.	11,500		537,666
West Fraser Timber Company, Ltd.	2,100		181,327
Wheaton Precious Metals Corp.	15,570		733,355
WSP Global, Inc.	4,300		716,672
			68,260,956
Chile - 0.2%
Antofagasta PLC	13,585		348,944
Banco de Chile	1,538,226		171,096
Banco de Credito e Inversiones SA (A)	2,615		74,753
Banco Santander Chile, ADR	5,508		109,224
Cencosud SA	42,702		74,071
Cia Sud Americana de Vapores SA	530,399		39,905
Empresas CMPC SA	38,455		78,127
Empresas COPEC SA	13,196		94,776

 

87

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

International Equity Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Chile (continued)
Enel Americas SA	726,053	$	70,710
Enel Chile SA, ADR	18,222		55,577
Falabella SA (A)	29,974		78,675
Latam Airlines Group SA (A)	6,198,376		77,233
Sociedad Quimica y Minera de Chile SA, ADR (D)	4,430		217,779
			1,490,870
China - 6.1%
360 Security Technology, Inc., Class A (A)	14,500		17,776
37 Interactive Entertainment Network Technology Group Company, Ltd., Class A	4,700		11,481
AAC Technologies Holdings, Inc.	27,342		91,825
Advanced Micro-Fabrication Equipment, Inc., Class A	1,253		25,904
AECC Aviation Power Company, Ltd., Class A	5,500		25,557
Agricultural Bank of China, Ltd., Class A	165,700		95,650
Agricultural Bank of China, Ltd., H Shares	1,000,000		422,110
Aier Eye Hospital Group Company, Ltd., Class A	19,585		34,874
Air China, Ltd., Class A (A)	23,600		23,855
Air China, Ltd., H Shares (A)	84,534		41,080
Akeso, Inc. (A)(B)	17,000		101,474
Alibaba Group Holding, Ltd.	552,900		4,999,783
Alibaba Group Holding, Ltd., ADR	1,300		94,068
Aluminum Corp. of China, Ltd., A Shares	29,100		28,659
Aluminum Corp. of China, Ltd., H Shares	131,220		83,556
Angel Yeast Company, Ltd., Class A	1,800		7,179
Anhui Conch Cement Company, Ltd., Class A	8,900		27,371
Anhui Conch Cement Company, Ltd., H Shares	44,290		91,842
Anhui Gujing Distillery Company, Ltd., B Shares	3,600		50,660
Anhui Gujing Distillery Company, Ltd., Class A	900		32,707
Anhui Jianghuai Automobile Group Corp., Ltd. (A)	4,500		10,494
Anhui Yingjia Distillery Company, Ltd., Class A	1,400		12,645
Anker Innovations Technology Company, Ltd., Class A	800		8,473
ANTA Sports Products, Ltd.	44,200		471,296
Asymchem Laboratories Tianjin Company, Ltd., Class A	700		8,657
Autobio Diagnostics Company, Ltd., Class A	1,200		9,466
Autohome, Inc., ADR	2,600		68,172
Avary Holding Shenzhen Company, Ltd., Class A	4,000		13,074
AVIC Industry-Finance Holdings Company, Ltd., Class A	20,000		8,311
AviChina Industry & Technology Company, Ltd., H Shares	72,000		28,346
BAIC BluePark New Energy Technology Company, Ltd., Class A (A)	11,600		12,174
Baidu, Inc., Class A (A)	77,700		1,022,891
Bank of Beijing Company, Ltd., Class A	47,000		36,750

International Equity Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
China (continued)
Bank of Changsha Company, Ltd., Class A	8,400	$	8,968
Bank of Chengdu Company, Ltd., Class A	7,700		14,427
Bank of China, Ltd., Class A	78,100		47,352
Bank of China, Ltd., H Shares	2,749,563		1,127,350
Bank of Communications Company, Ltd., Class A	87,300		75,528
Bank of Communications Company, Ltd., H Shares	292,527		192,369
Bank of Hangzhou Company, Ltd., Class A	11,400		17,450
Bank of Jiangsu Company, Ltd., Class A	33,410		36,259
Bank of Nanjing Company, Ltd., Class A	21,500		26,869
Bank of Ningbo Company, Ltd., Class A	13,750		39,635
Bank of Shanghai Company, Ltd., Class A	31,610		29,353
Baoshan Iron & Steel Company, Ltd., Class A	41,300		37,001
Beijing Kingsoft Office Software, Inc., Class A	935		38,707
Beijing New Building Materials PLC, Class A	3,500		13,862
Beijing Roborock Technology Company, Ltd., Class A	273		12,921
Beijing Tiantan Biological Products Corp., Ltd., Class A	3,400		12,002
Beijing Tongrentang Company, Ltd., Class A	2,800		16,153
Beijing Wantai Biological Pharmacy Enterprise Company, Ltd., Class A	1,800		17,292
Beijing-Shanghai High Speed Railway Company, Ltd., Class A	100,700		69,562
Bethel Automotive Safety Systems Company, Ltd., Class A	900		6,815
Bilibili, Inc., ADR (A)(D)	5,800		64,960
Bilibili, Inc., Class Z (A)	520		5,899
Bloomage Biotechnology Corp., Ltd., Class A	1,000		7,772
BOC International China Company, Ltd., Class A	5,800		8,044
BOE Technology Group Company, Ltd., Class A	75,300		42,006
BYD Company, Ltd., Class A	4,000		115,434
BYD Company, Ltd., H Shares	36,105		924,471
BYD Electronic International Company, Ltd.	26,500		97,822
By-health Company, Ltd., Class A	3,500		8,076
Caitong Securities Company, Ltd., Class A	9,600		9,810
Cambricon Technologies Corp., Ltd., Class A (A)	844		20,847
Cathay Biotech, Inc., Class A	1,211		7,302
CGN Power Company, Ltd., Class A	32,300		17,792
CGN Power Company, Ltd., H Shares (B)	364,000		107,991
Changchun High & New Technology Industry Group, Inc., Class A	800		13,443
Changjiang Securities Company, Ltd., Class A	11,500		8,100
Changzhou Xingyu Automotive Lighting Systems Company, Ltd., Class A	600		11,738
Chaozhou Three-Circle Group Company, Ltd., Class A	3,900		13,417

 

88

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

International Equity Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
China (continued)
China Baoan Group Company, Ltd., Class A	5,400	$	7,855
China Cinda Asset Management Company, Ltd., H Shares	304,800		25,333
China CITIC Bank Corp., Ltd., H Shares	310,800		165,781
China Coal Energy Company, Ltd., H Shares	70,000		68,184
China Communications Services Corp., Ltd., H Shares	129,600		60,479
China Construction Bank Corp., Class A	15,400		14,557
China Construction Bank Corp., H Shares	3,327,914		2,008,308
China CSSC Holdings, Ltd., Class A	9,100		43,569
China Eastern Airlines Corp., Ltd., Class A (A)	35,500		17,941
China Energy Engineering Corp., Ltd., Class A	65,700		19,095
China Everbright Bank Company, Ltd., Class A	88,600		38,259
China Everbright Bank Company, Ltd., H Shares	120,000		34,528
China Feihe, Ltd. (B)	119,000		56,000
China Galaxy Securities Company, Ltd., Class A	9,000		14,739
China Galaxy Securities Company, Ltd., H Shares	129,500		63,640
China Great Wall Securities Company, Ltd., Class A	8,400		8,549
China Greatwall Technology Group Company, Ltd., Class A	6,500		8,881
China Hongqiao Group, Ltd.	78,000		87,901
China Huishan Dairy Holdings Company, Ltd. (A)(E)	225,000		0
China International Capital Corp., Ltd., Class A	4,000		17,735
China International Capital Corp., Ltd., H Shares (B)	52,000		61,736
China Jushi Company, Ltd., Class A	8,100		11,743
China Life Insurance Company, Ltd., Class A	4,500		17,766
China Life Insurance Company, Ltd., H Shares	255,624		307,408
China Literature, Ltd. (A)(B)	14,000		46,903
China Longyuan Power Group Corp., Ltd., H Shares	114,000		79,973
China Mengniu Dairy Company, Ltd. (A)	108,004		232,460
China Merchants Bank Company, Ltd., Class A	45,900		204,734
China Merchants Bank Company, Ltd., H Shares	133,823		530,410
China Merchants Energy Shipping Company, Ltd., Class A	16,500		17,614
China Merchants Expressway Network & Technology Holdings Company, Ltd., Class A	6,500		10,077
China Merchants Securities Company, Ltd., Class A	16,510		31,622
China Merchants Shekou Industrial Zone Holdings Company, Ltd., Class A	17,600		23,535
China Minsheng Banking Corp., Ltd., Class A	78,880		44,317
China Minsheng Banking Corp., Ltd., H Shares	230,496		79,881
China National Building Material Company, Ltd., H Shares	138,000		47,499

International Equity Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
China (continued)
China National Chemical Engineering Company, Ltd., Class A	12,700	$	11,702
China National Nuclear Power Company, Ltd., Class A	38,300		47,444
China National Software & Service Company, Ltd., Class A	1,800		7,661
China Northern Rare Earth Group High-Tech Company, Ltd., Class A	7,300		19,285
China Oilfield Services, Ltd., H Shares	56,000		64,453
China Pacific Insurance Group Company, Ltd., Class A	14,000		43,881
China Pacific Insurance Group Company, Ltd., H Shares	94,100		165,082
China Petroleum & Chemical Corp., Class A	56,700		48,844
China Petroleum & Chemical Corp., H Shares	873,361		496,703
China Railway Group, Ltd., Class A	42,700		40,274
China Railway Group, Ltd., H Shares	144,000		71,278
China Railway Signal & Communication Corp., Ltd., Class A	14,917		11,327
China Rare Earth Resources and Technology Company, Ltd., Class A	2,200		8,217
China Resources Microelectronics, Ltd., Class A	2,675		14,548
China Resources Mixc Lifestyle Services, Ltd. (B)	23,400		74,152
China Resources Pharmaceutical Group, Ltd. (B)	53,000		33,888
China Resources Sanjiu Medical & Pharmaceutical Company, Ltd., Class A	2,000		14,594
China Shenhua Energy Company, Ltd., Class A	13,400		71,684
China Shenhua Energy Company, Ltd., H Shares	117,000		460,240
China Southern Airlines Company, Ltd., Class A (A)	23,300		18,066
China State Construction Engineering Corp., Ltd., Class A	93,340		67,443
China Three Gorges Renewables Group Company, Ltd., Class A	58,700		38,028
China Tourism Group Duty Free Corp., Ltd., Class A	4,300		51,363
China Tourism Group Duty Free Corp., Ltd., H Shares (B)	3,800		37,933
China Tower Corp., Ltd., H Shares (B)	1,496,000		172,174
China United Network Communications, Ltd., Class A	64,400		41,118
China Vanke Company, Ltd., Class A	21,600		27,637
China Vanke Company, Ltd., H Shares	74,500		51,690
China XD Electric Company, Ltd., Class A	10,600		7,881
China Yangtze Power Company, Ltd., Class A	48,900		168,159
China Zhenhua Group Science & Technology Company, Ltd., Class A	1,100		8,309
China Zheshang Bank Company, Ltd., Class A	43,700		17,787
Chongqing Brewery Company, Ltd., Class A	1,000		8,947
Chongqing Changan Automobile Company, Ltd., Class A	16,800		39,947
Chongqing Rural Commercial Bank Company, Ltd., Class A	18,400		11,842

 

89

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

International Equity Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
China (continued)
Chongqing Zhifei Biological Products Company, Ltd., Class A	4,650	$	29,138
CITIC Securities Company, Ltd., Class A	25,185		67,392
CITIC Securities Company, Ltd., H Shares	61,825		102,123
CITIC, Ltd.	207,967		200,165
CMOC Group, Ltd., Class A	28,400		32,151
CMOC Group, Ltd., H Shares	129,000		109,859
CNGR Advanced Material Company, Ltd., Class A	1,400		10,064
CNPC Capital Company, Ltd., Class A	17,300		13,462
Contemporary Amperex Technology Company, Ltd., Class A	8,820		230,600
COSCO SHIPPING Energy Transportation Company, Ltd., Class A	7,200		15,876
COSCO SHIPPING Energy Transportation Company, Ltd., H Shares	44,000		45,642
COSCO SHIPPING Holdings Company, Ltd., Class A	26,000		37,337
COSCO SHIPPING Holdings Company, Ltd., H Shares	119,600		125,925
Country Garden Holdings Company, Ltd. (A)	420,117		26,119
Country Garden Services Holdings Company, Ltd.	69,000		44,284
CRRC Corp., Ltd., Class A	49,300		45,167
CRRC Corp., Ltd., H Shares	145,000		78,269
CSC Financial Company, Ltd., Class A	9,000		27,388
CSPC Innovation Pharmaceutical Company, Ltd., Class A	2,400		12,387
CSPC Pharmaceutical Group, Ltd.	303,120		238,586
Daqin Railway Company, Ltd., Class A	30,700		31,097
Dong-E-E-Jiao Company, Ltd., Class A	1,300		10,941
Dongfang Electric Corp., Ltd., Class A	5,800		12,405
Dongfeng Motor Group Company, Ltd., H Shares	91,220		38,144
East Buy Holding, Ltd. (A)(B)	13,500		35,924
East Money Information Company, Ltd., Class A	30,896		55,127
Eastroc Beverage Group Company, Ltd., Class A	500		13,036
Ecovacs Robotics Company, Ltd., Class A	2,300		11,332
Empyrean Technology Company, Ltd., Class A	800		8,872
ENN Energy Holdings, Ltd.	26,600		206,973
ENN Natural Gas Company, Ltd., Class A	5,400		14,320
Eoptolink Technology, Inc., Ltd., Class A	1,500		14,117
Eve Energy Company, Ltd., Class A	4,181		22,736
Everbright Securities Company, Ltd., Class A	8,700		19,591
Everdisplay Optronics Shanghai Company, Ltd., Class A (A)	23,977		7,166
Flat Glass Group Company, Ltd., Class A	3,300		13,168
Flat Glass Group Company, Ltd., H Shares	23,000		55,984
Focus Media Information Technology Company, Ltd., Class A	32,700		29,429
Foshan Haitian Flavouring & Food Company, Ltd., Class A	10,296		56,452
Fosun International, Ltd.	85,000		44,349

International Equity Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
China (continued)
Founder Securities Company, Ltd., Class A	16,700	$	18,093
Foxconn Industrial Internet Company, Ltd., Class A	27,100		88,049
Fuyao Glass Industry Group Company, Ltd., Class A	4,500		26,743
Fuyao Glass Industry Group Company, Ltd., H Shares (B)	20,800		104,796
GalaxyCore, Inc., Class A	3,600		8,332
Ganfeng Lithium Group Company, Ltd., Class A	3,360		16,716
Ganfeng Lithium Group Company, Ltd., H Shares (B)	12,039		36,903
GD Power Development Company, Ltd., Class A	36,100		25,024
GDS Holdings, Ltd., ADR (A)	3,400		22,610
GEM Company, Ltd., Class A	10,700		8,768
Genscript Biotech Corp. (A)	40,000		74,224
GF Securities Company, Ltd., Class A	13,200		24,522
GF Securities Company, Ltd., H Shares	47,800		49,544
Giant Biogene Holding Company, Ltd. (A)(B)	10,200		55,526
GigaDevice Semiconductor, Inc., Class A	1,372		13,818
GoerTek, Inc., Class A	5,200		11,360
Goldwind Science & Technology Company, Ltd., Class A	7,700		7,920
Goneo Group Company, Ltd., Class A	900		12,772
Gotion High-tech Company, Ltd., Class A (A)	3,700		10,399
Great Wall Motor Company, Ltd., Class A	5,000		15,805
Great Wall Motor Company, Ltd., H Shares	104,500		116,415
Gree Electric Appliances, Inc. of Zhuhai, Class A	5,700		30,928
GRG Banking Equipment Company, Ltd., Class A	5,200		8,629
Guangdong Haid Group Company, Ltd., Class A	3,500		20,854
Guanghui Energy Company, Ltd., Class A	13,500		13,502
Guangzhou Automobile Group Company, Ltd., Class A	10,000		12,338
Guangzhou Automobile Group Company, Ltd., H Shares	100,310		41,173
Guangzhou Baiyunshan Pharmaceutical Holdings Company, Ltd., Class A	2,300		9,122
Guangzhou Haige Communications Group, Inc. Company, Class A	5,200		7,558
Guangzhou Kingmed Diagnostics Group Company, Ltd., Class A	1,000		7,841
Guangzhou Shiyuan Electronic Technology Company, Ltd., Class A	1,500		7,085
Guangzhou Tinci Materials Technology Company, Ltd., Class A	3,900		11,754
Guosen Securities Company, Ltd., Class A	13,300		15,256
Guotai Junan Securities Company, Ltd., Class A	16,700		32,947
Guoyuan Securities Company, Ltd., Class A	9,100		8,139
H World Group, Ltd., ADR	7,100		274,770
Haidilao International Holding, Ltd. (B)	56,000		126,720
Haier Smart Home Company, Ltd., Class A	13,600		47,270

 

90

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

International Equity Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
China (continued)
Haier Smart Home Company, Ltd., H Shares	83,800	$	260,769
Hainan Airlines Holding Company, Ltd., Class A (A)	87,600		16,612
Hainan Airport Infrastructure Company, Ltd., Class A (A)	23,700		11,450
Haitian International Holdings, Ltd.	21,000		61,110
Haitong Securities Company, Ltd., Class A	18,000		21,607
Haitong Securities Company, Ltd., H Shares	113,200		54,144
Hangzhou First Applied Material Company, Ltd., Class A	5,488		21,432
Hangzhou Silan Microelectronics Company, Ltd., Class A	2,600		7,053
Hangzhou Tigermed Consulting Company, Ltd., A Shares	1,700		12,298
Hansoh Pharmaceutical Group Company, Ltd. (B)	40,000		79,228
Hebei Yangyuan Zhihui Beverage Company, Ltd., Class A	2,600		9,008
Henan Shenhuo Coal Industry & Electricity Power Company, Ltd., Class A	4,700		12,608
Henan Shuanghui Investment & Development Company, Ltd., Class A	7,200		25,689
Hengan International Group Company, Ltd.	25,000		78,809
Hengli Petrochemical Company, Ltd., Class A (A)	14,600		27,689
Hengtong Optic-electric Company, Ltd., Class A	5,100		8,642
Hisense Visual Technology Company, Ltd., Class A	2,700		8,840
Hithink RoyalFlush Information Network Company, Ltd., Class A	900		16,806
HLA Group Corp., Ltd., Class A	9,100		11,049
Hoshine Silicon Industry Company, Ltd., Class A	1,600		10,971
Hua Hong Semiconductor, Ltd. (A)(B)	20,000		39,033
Huadian Power International Corp., Ltd., Class A	17,700		16,608
Huadong Medicine Company, Ltd., Class A	2,800		11,908
Huafon Chemical Company, Ltd., Class A	10,300		9,365
Huagong Tech Company, Ltd., Class A	2,100		9,199
Huaibei Mining Holdings Company, Ltd., Class A	5,200		11,792
Hualan Biological Engineering, Inc., Class A	4,030		11,051
Huaneng Power International, Inc., Class A	18,600		23,562
Huaneng Power International, Inc., H Shares (A)	149,436		88,149
Huatai Securities Company, Ltd., Class A	16,400		31,395
Huatai Securities Company, Ltd., H Shares (B)	48,800		55,841
Huaxia Bank Company, Ltd., Class A	28,500		25,524
Huayu Automotive Systems Company, Ltd., Class A	5,100		11,620
Hubei Jumpcan Pharmaceutical Company, Ltd., Class A	1,900		9,652

International Equity Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
China (continued)
Huizhou Desay Sv Automotive Company, Ltd., Class A	1,100	$	19,191
Humanwell Healthcare Group Company, Ltd., Class A	3,400		9,109
Hunan Valin Steel Company, Ltd., Class A	14,300		10,173
Hundsun Technologies, Inc., Class A	3,075		9,689
Hwatsing Technology Company, Ltd., Class A	330		8,044
Hygeia Healthcare Holdings Company, Ltd. (B)	11,400		46,526
Hygon Information Technology Company, Ltd., Class A	3,973		42,232
IEIT Systems Company, Ltd., Class A	3,248		19,941
Iflytek Company, Ltd., Class A	4,700		32,280
Imeik Technology Development Company, Ltd., Class A	400		18,734
Industrial & Commercial Bank of China, Ltd., Class A	120,000		87,203
Industrial & Commercial Bank of China, Ltd., H Shares	2,242,735		1,127,275
Industrial Bank Company, Ltd., Class A	46,200		103,929
Industrial Securities Company, Ltd., Class A	14,900		11,208
Ingenic Semiconductor Company, Ltd., Class A	2,800		23,711
Inner Mongolia BaoTou Steel Union Company, Ltd., Class A (A)	94,300		20,755
Inner Mongolia Dian Tou Energy Corp., Ltd., Class A	4,700		10,468
Inner Mongolia Junzheng Energy & Chemical Industry Group Company, Ltd., Class A	17,500		8,840
Inner Mongolia Yili Industrial Group Company, Ltd., Class A	13,600		52,365
Inner Mongolia Yitai Coal Company, Ltd., Class B	36,400		69,472
Innovent Biologics, Inc. (A)(B)	42,000		202,650
iQIYI, Inc., ADR (A)	15,000		63,450
Isoftstone Information Technology Group Company, Ltd., Class A (A)	2,000		12,981
JA Solar Technology Company, Ltd., Class A	6,272		15,082
Jason Furniture Hangzhou Company, Ltd., Class A	1,700		8,571
JCET Group Company, Ltd., Class A	3,600		14,466
JD Health International, Inc. (A)(B)	38,200		135,753
JD Logistics, Inc. (A)(B)	67,000		68,439
JD.com, Inc., Class A	81,073		1,112,069
Jiangsu Eastern Shenghong Company, Ltd., Class A	13,400		18,399
Jiangsu Expressway Company, Ltd., H Shares	41,145		42,115
Jiangsu Hengli Hydraulic Company, Ltd., Class A	2,960		20,643
Jiangsu Hengrui Pharmaceuticals Company, Ltd., Class A	14,198		90,874
Jiangsu King's Luck Brewery JSC, Ltd., Class A	2,800		23,029
Jiangsu Pacific Quartz Company, Ltd., Class A	800		10,051
Jiangsu Yanghe Brewery Joint-Stock Company, Ltd., Class A	3,400		46,424
Jiangsu Yuyue Medical Equipment & Supply Company, Ltd., Class A	2,100		9,905

 

91

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

International Equity Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
China (continued)
Jiangsu Zhongtian Technology Company, Ltd., Class A	7,100	$	13,825
Jiangxi Copper Company, Ltd., Class A	4,300		13,404
Jiangxi Copper Company, Ltd., H Shares	39,075		66,739
Jinduicheng Molybdenum Company, Ltd., Class A	6,700		10,382
Jinko Solar Company, Ltd., Class A	13,511		15,434
Jizhong Energy Resources Company, Ltd., Class A	7,300		7,554
Jointown Pharmaceutical Group Company, Ltd., Class A	8,100		8,933
Juneyao Airlines Company, Ltd., Class A (A)	4,600		7,590
Kanzhun, Ltd., ADR	7,400		129,722
KE Holdings, Inc., ADR	22,300		306,179
Kingdee International Software Group Company, Ltd. (A)	101,000		114,298
Kingsoft Corp., Ltd.	32,800		101,232
Kuaishou Technology (A)(B)	81,100		510,492
Kuang-Chi Technologies Company, Ltd., Class A (A)	4,500		12,632
Kunlun Tech Company, Ltd., Class A (A)	2,500		14,060
Kweichow Moutai Company, Ltd., Class A	2,600		612,874
LB Group Company, Ltd., Class A	5,000		12,770
Lenovo Group, Ltd.	277,436		321,437
Lens Technology Company, Ltd., Class A	7,300		13,689
Lepu Medical Technology Beijing Company, Ltd., Class A	4,000		7,639
Li Auto, Inc., Class A (A)	39,700		602,826
Li Ning Company, Ltd.	80,500		214,751
Liaoning Port Company, Ltd., Class A	39,100		7,576
Lingyi iTech Guangdong Company, Class A	12,700		9,580
Longfor Group Holdings, Ltd. (B)	65,779		93,301
LONGi Green Energy Technology Company, Ltd., Class A	15,064		40,907
Luxshare Precision Industry Company, Ltd., Class A	15,495		63,809
Luzhou Laojiao Company, Ltd., Class A	3,300		84,599
Mango Excellent Media Company, Ltd., Class A	3,300		11,180
Maxscend Microelectronics Company, Ltd., Class A	1,440		20,032
Meihua Holdings Group Company, Ltd., Class A	6,100		8,497
Meinian Onehealth Healthcare Holdings Company, Ltd., Class A (A)	8,300		5,757
Meituan, Class B (A)(B)	175,700		2,168,857
Metallurgical Corp. of China, Ltd., Class A	28,700		13,626
MGI Tech Company, Ltd.	863		7,096
Midea Group Company, Ltd., Class A	7,300		65,261
MINISO Group Holding, Ltd., ADR	3,276		67,158
Montage Technology Company, Ltd., Class A	2,305		14,817
Muyuan Foods Company, Ltd., Class A	11,382		66,251
Nanjing Securities Company, Ltd., Class A	7,700		8,213
NARI Technology Company, Ltd., Class A	17,798		59,412
National Silicon Industry Group Company, Ltd., Class A (A)	5,536		10,237

International Equity Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
China (continued)
NAURA Technology Group Company, Ltd., Class A	1,100	$	46,680
NetEase, Inc.	67,000		1,388,350
New China Life Insurance Company, Ltd., Class A	4,600		19,226
New China Life Insurance Company, Ltd., H Shares	29,500		52,316
New Hope Liuhe Company, Ltd., Class A (A)	6,800		8,820
New Oriental Education & Technology Group, Inc. (A)	51,000		445,733
Ninestar Corp., Class A	2,900		9,213
Ningbo Deye Technology Company, Ltd., Class A	900		11,716
Ningbo Sanxing Medical Electric Company, Ltd., Class A	2,900		11,024
Ningbo Tuopu Group Company, Ltd., Class A	2,200		19,489
Ningxia Baofeng Energy Group Company, Ltd., Class A	14,900		32,328
NIO, Inc., ADR (A)(D)	46,800		210,600
Nongfu Spring Company, Ltd., H Shares (B)	68,800		371,853
Oppein Home Group, Inc., Class A	1,100		9,777
Orient Securities Company, Ltd., Class A	12,288		14,023
Pangang Group Vanadium Titanium & Resources Company, Ltd., Class A (A)	19,300		8,073
People.cn Company, Ltd., Class A	2,300		8,496
Perfect World Company, Ltd., Class A	4,350		6,413
PetroChina Company, Ltd., Class A	44,800		57,435
PetroChina Company, Ltd., H Shares	730,261		626,288
Pharmaron Beijing Company, Ltd., Class A	3,000		8,490
PICC Property & Casualty Company, Ltd., H Shares	252,363		333,055
Ping An Bank Company, Ltd., Class A	38,200		55,484
Ping An Insurance Group Company of China, Ltd., Class A	24,100		135,871
Ping An Insurance Group Company of China, Ltd., H Shares	230,790		979,861
Piotech, Inc., Class A	384		9,952
Poly Developments and Holdings Group Company, Ltd., Class A	26,500		34,314
Pop Mart International Group, Ltd. (B)	19,200		70,688
Postal Savings Bank of China Company, Ltd., Class A	58,900		38,822
Postal Savings Bank of China Company, Ltd., H Shares (B)	331,000		173,262
Power Construction Corp. of China, Ltd., Class A	35,800		24,478
Qifu Technology, Inc., ADR	3,800		70,034
Qinghai Salt Lake Industry Company, Ltd., Class A (A)	11,000		24,207
Range Intelligent Computing Technology Group Company, Ltd., Class A	3,000		12,615
Rongsheng Petrochemical Company, Ltd., Class A	21,050		31,616
SAIC Motor Corp., Ltd., Class A	17,300		35,805
Sailun Group Company, Ltd., Class A	6,500		13,107
Sanan Optoelectronics Company, Ltd., Class A	10,100		17,002
Sangfor Technologies, Inc., Class A (A)	700		6,111
Sany Heavy Equipment International Holdings Company, Ltd.	38,000		24,453

 

92

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

International Equity Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
China (continued)
Sany Heavy Industry Company, Ltd., Class A	18,600	$	37,218
Satellite Chemical Company, Ltd., Class A (A)	6,800		16,050
SDIC Capital Company, Ltd., Class A	13,300		11,765
SDIC Power Holdings Company, Ltd., Class A	15,100		31,081
Seazen Holdings Company, Ltd., Class A (A)	5,000		6,792
Seres Group Company, Ltd. (A)	3,100		38,952
SF Holding Company, Ltd., Class A	10,100		50,830
SG Micro Corp., Class A	1,000		8,909
Shaanxi Coal Industry Company, Ltd., Class A	19,600		67,805
Shan Xi Hua Yang Group New Energy Company, Ltd., Class A	7,500		9,531
Shandong Gold Mining Company, Ltd., Class A	5,880		21,317
Shandong Gold Mining Company, Ltd., H Shares (B)	21,500		43,760
Shandong Hualu Hengsheng Chemical Company, Ltd., Class A	4,300		15,058
Shandong Linglong Tyre Company, Ltd., Class A	3,100		8,950
Shandong Nanshan Aluminum Company, Ltd., Class A	24,300		11,337
Shandong Sun Paper Industry JSC, Ltd., Class A	5,800		11,324
Shandong Weigao Group Medical Polymer Company, Ltd., H Shares	80,000		49,870
Shanghai Aiko Solar Energy Company, Ltd., Class A	3,800		7,185
Shanghai Baosight Software Company, Ltd., Class A	3,600		19,177
Shanghai Baosight Software Company, Ltd., Class B	27,456		55,718
Shanghai BOCHU Electronic Technology Corp., Ltd., Class A	304		11,873
Shanghai Electric Group Company, Ltd., Class A (A)	25,600		14,884
Shanghai Fosun Pharmaceutical Group Company, Ltd., Class A	3,200		10,246
Shanghai Fosun Pharmaceutical Group Company, Ltd., H Shares	17,500		28,644
Shanghai International Airport Company, Ltd., Class A (A)	1,600		7,897
Shanghai International Port Group Company, Ltd., Class A	13,700		10,063
Shanghai M&G Stationery, Inc., Class A	2,000		9,801
Shanghai Pharmaceuticals Holding Company, Ltd., Class A	5,600		13,216
Shanghai Pharmaceuticals Holding Company, Ltd., H Shares	31,100		44,938
Shanghai Pudong Development Bank Company, Ltd., Class A	65,300		64,829
Shanghai Putailai New Energy Technology Company, Ltd., Class A	4,100		10,827
Shanghai RAAS Blood Products Company, Ltd., Class A	13,800		13,430
Shanghai Rural Commercial Bank Company, Ltd.	19,500		17,839
Shanghai United Imaging Healthcare Company, Ltd., Class A	1,689		30,650
Shanghai Zhangjiang High-Tech Park Development Company, Ltd., Class A	3,200		8,866

International Equity Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
China (continued)
Shanxi Coal International Energy Group Company, Ltd., Class A	4,100	$	9,518
Shanxi Coking Coal Energy Group Company, Ltd., Class A	11,600		16,391
Shanxi Lu'an Environmental Energy Development Company, Ltd., Class A	6,100		16,931
Shanxi Xinghuacun Fen Wine Factory Company, Ltd., Class A	2,460		83,566
Shede Spirits Company, Ltd., Class A	700		7,515
Shenergy Company, Ltd., Class A	10,200		10,907
Shengyi Technology Company, Ltd., Class A	5,100		12,389
Shennan Circuits Company, Ltd., Class A	1,120		13,728
Shenwan Hongyuan Group Company, Ltd., Class A	36,200		22,146
Shenzhen Capchem Technology Company, Ltd., Class A	1,600		7,530
Shenzhen Energy Group Company, Ltd., Class A	9,900		9,495
Shenzhen Goodix Technology Company, Ltd., Class A (A)	1,000		8,045
Shenzhen Inovance Technology Company, Ltd., Class A	5,550		46,269
Shenzhen Kangtai Biological Products Company, Ltd., Class A	2,240		6,769
Shenzhen Mindray Bio-Medical Electronics Company, Ltd., Class A	2,500		96,878
Shenzhen New Industries Biomedical Engineering Company, Ltd., Class A	1,600		14,901
Shenzhen Overseas Chinese Town Company, Ltd., Class A (A)	13,200		5,008
Shenzhen Salubris Pharmaceuticals Company, Ltd., Class A	2,300		9,191
Shenzhen Transsion Holdings Company, Ltd., Class A	1,629		36,830
Shenzhou International Group Holdings, Ltd.	28,300		268,664
Shijiazhuang Yiling Pharmaceutical Company, Ltd., Class A	3,500		9,781
Sichuan Chuantou Energy Company, Ltd., Class A	9,800		22,510
Sichuan Kelun Pharmaceutical Company, Ltd., Class A	3,100		12,977
Sichuan Road and Bridge Group Company, Ltd., Class A	14,700		15,111
Sieyuan Electric Company, Ltd., Class A	1,600		12,891
Silergy Corp.	11,000		112,527
Sinolink Securities Company, Ltd., Class A	7,700		9,003
Sinoma International Engineering Company, Class A	5,500		8,644
Sinopharm Group Company, Ltd., H Shares	46,400		118,983
Sinotruk Hong Kong, Ltd.	23,500		57,738
Smoore International Holdings, Ltd. (B)	62,000		52,838
Songcheng Performance Development Company, Ltd., Class A	5,760		8,116
SooChow Securities Company, Ltd., Class A	10,400		9,689
Spring Airlines Company, Ltd. (A)	2,000		15,234
Sungrow Power Supply Company, Ltd., Class A	3,000		42,869
Sunny Optical Technology Group Company, Ltd.	24,400		124,960

 

93

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

International Equity Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
China (continued)
SUPCON Technology Company, Ltd., Class A	1,640	$	10,526
Suzhou Maxwell Technologies Company, Ltd., Class A	600		8,847
Suzhou TFC Optical Communication Company, Ltd., Class A	800		16,815
TAL Education Group, ADR (A)	14,900		169,115
TBEA Company, Ltd., Class A	10,200		21,361
TCL Technology Group Corp., Class A (A)	38,980		25,145
TCL Zhonghuan Renewable Energy Technology Company, Ltd., Class A	8,250		13,478
Tencent Holdings, Ltd.	229,000		8,919,537
Tencent Music Entertainment Group, ADR (A)	26,000		290,940
The People's Insurance Company Group of China, Ltd., Class A	19,200		13,619
The People's Insurance Company Group of China, Ltd., H Shares	302,000		96,547
Thunder Software Technology Company, Ltd., Class A (A)	900		6,443
Tianqi Lithium Corp., Class A	3,000		19,797
Tingyi Cayman Islands Holding Corp.	76,000		83,403
Tongcheng Travel Holdings, Ltd. (A)	41,600		109,979
TongFu Microelectronics Company, Ltd., Class A	3,100		9,509
Tongkun Group Company, Ltd., Class A (A)	5,000		9,286
Tongling Nonferrous Metals Group Company, Ltd., Class A	26,300		14,246
Tongwei Company, Ltd., Class A	9,300		31,806
Topsports International Holdings, Ltd. (B)	64,000		42,924
TravelSky Technology, Ltd., H Shares	31,000		37,602
Trina Solar Company, Ltd., Class A	4,405		14,459
Trip.com Group, Ltd., ADR (A)	18,900		829,521
Tsingtao Brewery Company, Ltd., Class A	1,400		16,308
Tsingtao Brewery Company, Ltd., H Shares	22,000		151,408
Unigroup Guoxin Microelectronics Company, Ltd., Class A (A)	1,679		15,237
Unisplendour Corp., Ltd., Class A (A)	5,320		16,169
Vipshop Holdings, Ltd., ADR	12,000		198,600
Walvax Biotechnology Company, Ltd., Class A	3,400		7,305
Wanhua Chemical Group Company, Ltd., Class A	7,000		78,010
Weichai Power Company, Ltd., Class A	14,100		31,823
Weichai Power Company, Ltd., H Shares	64,720		123,493
Wens Foodstuffs Group Company, Ltd., Class A	14,160		36,329
Western Mining Company, Ltd., Class A	4,900		12,581
Western Securities Company, Ltd., Class A	9,300		8,697
Will Semiconductor Company, Ltd., Class A	4,185		57,097
Wingtech Technology Company, Ltd., Class A (A)	2,500		12,667
Wintime Energy Group Company, Ltd., Class A (A)	46,100		8,491
Wuhan Guide Infrared Company, Ltd., Class A	8,900		8,933
Wuliangye Yibin Company, Ltd., Class A	8,600		182,372

International Equity Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
China (continued)
WUS Printed Circuit Kunshan Company, Ltd., Class A	4,180	$	17,618
WuXi AppTec Company, Ltd., Class A	5,544		36,137
WuXi AppTec Company, Ltd., H Shares (B)	12,106		57,518
WuXi Biologics Cayman, Inc. (A)(B)	132,500		242,390
XCMG Construction Machinery Company, Ltd., Class A	23,900		20,543
Xiamen C & D, Inc., Class A	6,200		8,715
Xiaomi Corp., Class B (A)(B)	532,200		1,044,857
Xinjiang Daqo New Energy Company, Ltd., Class A	3,610		13,488
Xinyi Solar Holdings, Ltd.	172,835		134,205
XPeng, Inc., A Shares (A)	39,700		157,279
Yadea Group Holdings, Ltd. (B)	42,000		68,148
Yankuang Energy Group Company, Ltd., Class A	7,800		24,923
Yankuang Energy Group Company, Ltd., H Shares	78,985		166,092
Yantai Jereh Oilfield Services Group Company, Ltd., Class A	2,100		8,653
Yealink Network Technology Corp., Ltd., Class A	2,600		9,037
Yifeng Pharmacy Chain Company, Ltd., Class A	2,100		11,429
Yihai Kerry Arawana Holdings Company, Ltd., Class A	2,900		12,117
Yintai Gold Company, Ltd., Class A (A)	5,800		13,604
YongXing Special Materials Technology Company, Ltd., Class A	1,100		7,230
Yonyou Network Technology Company, Ltd., Class A	5,200		8,681
Youngor Fashion Company, Ltd., Class A	9,600		9,272
YTO Express Group Company, Ltd., Class A	7,000		14,674
Yum China Holdings, Inc. (New York Stock Exchange)	14,200		565,018
Yunda Holding Company, Ltd., Class A	3,120		3,102
Yunnan Aluminium Company, Ltd., Class A	7,200		13,592
Yunnan Baiyao Group Company, Ltd., Class A	3,920		27,401
Yunnan Botanee Bio-Technology Group Company, Ltd., Class A	900		7,409
Yunnan Energy New Material Company, Ltd., Class A	1,800		10,154
Yunnan Yuntianhua Company, Ltd., Class A	3,800		9,747
Yutong Bus Company, Ltd., Class A	4,600		11,959
Zai Lab, Ltd., ADR (A)(D)	3,100		49,662
Zangge Mining Company, Ltd., Class A	3,300		13,589
Zhangzhou Pientzehuang Pharmaceutical Company, Ltd., Class A	1,000		31,924
Zhaojin Mining Industry Company, Ltd., H Shares	40,000		54,503
Zhejiang Century Huatong Group Company, Ltd., Class A (A)	15,500		10,210
Zhejiang China Commodities City Group Company, Ltd., Class A	11,400		13,840
Zhejiang Chint Electrics Company, Ltd., Class A	4,800		13,395
Zhejiang Dahua Technology Company, Ltd., Class A	4,800		12,371

 

94

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

International Equity Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
China (continued)
Zhejiang Dingli Machinery Company, Ltd., Class A	1,100	$	8,543
Zhejiang Expressway Company, Ltd., H Shares	68,610		44,027
Zhejiang Huayou Cobalt Company, Ltd., Class A	3,300		12,154
Zhejiang Jingsheng Mechanical & Electrical Company, Ltd., Class A	2,600		12,423
Zhejiang Juhua Company, Ltd., Class A	5,600		18,155
Zhejiang Leapmotor Technology Company, Ltd. (A)(B)	17,300		58,155
Zhejiang Longsheng Group Company, Ltd., Class A	6,800		7,829
Zhejiang NHU Company, Ltd., Class A	6,912		16,014
Zhejiang Sanhua Intelligent Controls Company, Ltd., Class A	3,600		11,968
Zhejiang Supor Company, Ltd., Class A	1,200		9,497
Zhejiang Weiming Environment Protection Company, Ltd., Class A	3,500		8,832
Zhejiang Zheneng Electric Power Company, Ltd., Class A (A)	22,900		20,618
Zheshang Securities Company, Ltd., Class A	8,100		12,672
ZhongAn Online P&C Insurance Company, Ltd., H Shares (A)(B)	24,300		38,885
Zhongji Innolight Company, Ltd., Class A	1,600		34,276
Zhongjin Gold Corp., Ltd., Class A	9,800		16,781
Zhongsheng Group Holdings, Ltd.	28,500		49,504
Zhongtai Securities Company, Ltd., Class A	14,100		13,003
Zhuzhou CRRC Times Electric Company, Ltd., Class A	1,804		11,164
Zhuzhou CRRC Times Electric Company, Ltd., H Shares	18,000		57,103
Zijin Mining Group Company, Ltd., Class A	41,700		93,070
Zijin Mining Group Company, Ltd., H Shares	193,469		387,596
Zoomlion Heavy Industry Science and Technology Company, Ltd., Class A	14,300		15,892
ZTE Corp., Class A	7,600		28,888
ZTE Corp., H Shares	25,887		51,676
ZTO Express Cayman, Inc., ADR	15,400		322,476
			56,294,427
Colombia - 0.0%
Bancolombia SA, ADR	3,847		131,644
Czech Republic - 0.0%
CEZ AS	5,524		197,175
Komercni banka AS	3,440		123,207
Moneta Money Bank AS (B)	17,731		77,064
			397,446
Denmark - 2.3%
A.P. Moller - Maersk A/S, Series A	118		151,195
A.P. Moller - Maersk A/S, Series B	164		213,831
Carlsberg A/S, Class B	3,332		456,301
Coloplast A/S, B Shares	4,345		586,649
Danske Bank A/S	23,427		703,195
Demant A/S (A)	3,300		164,021
DSV A/S	6,036		981,180
Genmab A/S (A)	2,238		671,017
Novo Nordisk A/S, Class B	112,425		14,421,138
Novozymes A/S, B Shares	12,853		756,033
Orsted A/S (A)(B)	6,401		357,681

International Equity Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Denmark (continued)
Pandora A/S	3,090	$	498,745
ROCKWOOL A/S, B Shares	352		115,817
Tryg A/S	13,079		269,615
Vestas Wind Systems A/S (A)	34,397		959,456
			21,305,874
Egypt - 0.0%
Commercial International Bank Egypt SAE	103,464		174,579
Finland - 0.6%
Elisa OYJ	4,868		217,033
Fortum OYJ	16,798		207,392
Kesko OYJ, B Shares	9,211		172,191
Kone OYJ, B Shares	11,833		551,267
Metso OYJ	22,595		268,404
Neste OYJ	14,709		398,839
Nokia OYJ	128,632		456,400
Nokia OYJ (Euronext Paris Exchange)	56,247		200,505
Nordea Bank (Nasdaq Stockholm Exchange)	1,569		17,737
Nordea Bank ABP	108,931		1,213,980
Orion OYJ, Class B	3,379		125,959
Sampo OYJ, A Shares	15,562		663,818
Stora Enso OYJ, R Shares	20,482		284,824
UPM-Kymmene OYJ	18,128		603,966
Wartsila OYJ ABP	15,222		231,337
			5,613,652
France - 7.5%
Accor SA	6,145		286,889
Aeroports de Paris SA	1,190		163,167
Air Liquide SA	18,070		3,759,452
Airbus SE	20,424		3,762,701
Alstom SA	9,797		149,193
Amundi SA (B)	2,415		165,879
Arkema SA	1,999		210,455
AXA SA	62,079		2,331,434
BioMerieux	1,432		157,941
BNP Paribas SA	35,431		2,522,514
Bollore SE	24,915		166,462
Bouygues SA	6,976		284,795
Bureau Veritas SA	10,297		314,404
Capgemini SE	5,352		1,231,557
Carrefour SA	20,223		346,913
Cie de Saint-Gobain SA	15,621		1,212,409
Cie Generale des Etablissements Michelin SCA	23,852		914,092
Covivio SA	2,350		121,129
Credit Agricole SA	36,809		549,116
Danone SA	22,299		1,441,520
Dassault Aviation SA	697		153,459
Dassault Systemes SE	22,638		1,002,123
Edenred SE	8,717		465,444
Eiffage SA	2,487		282,256
Engie SA	62,212		1,042,512
EssilorLuxottica SA	10,078		2,279,768
Eurazeo SE	1,666		145,983
Gecina SA	1,814		185,290
Getlink SE	12,097		205,969
Hermes International SCA	1,091		2,788,366
Ipsen SA	1,496		178,019
Kering SA	2,569		1,017,542
Klepierre SA	8,046		208,276
La Francaise des Jeux SAEM (B)	3,888		158,466
Legrand SA	9,062		959,639
L'Oreal SA	8,290		3,925,921

 

95

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

International Equity Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
France (continued)
LVMH Moet Hennessy Louis Vuitton SE	9,513	$	8,559,793
Orange SA	63,009		740,989
Pernod Ricard SA	6,989		1,131,412
Publicis Groupe SA	7,760		846,002
Remy Cointreau SA	936		94,513
Renault SA	7,048		355,644
Rexel SA	7,770		209,890
Safran SA	11,775		2,666,713
Sanofi SA	39,216		3,815,121
Sartorius Stedim Biotech	1,029		293,499
Schneider Electric SE	18,125		4,097,648
Schneider Electric SE (Euronext London Exchange)	623		140,691
SEB SA	1,019		130,374
Societe Generale SA	24,614		659,485
Sodexo SA	3,211		275,258
Teleperformance SE	2,141		207,966
Thales SA	3,259		555,597
TotalEnergies SE	74,793		5,144,981
Unibail-Rodamco-Westfield (A)	3,595		289,205
Unibail-Rodamco-Westfield, CHESS Depositary Interest (A)	7,913		31,958
Veolia Environnement SA	23,848		775,822
Vinci SA	17,249		2,213,548
Vivendi SE	24,474		266,715
Worldline SA (A)(B)	8,877		109,822
			68,703,701
Germany - 5.2%
adidas AG	5,518		1,232,884
Allianz SE	13,495		4,044,698
BASF SE	30,748		1,757,066
Bayer AG	33,683		1,031,531
Bayerische Motoren Werke AG	10,900		1,257,633
Bechtle AG	3,255		172,041
Beiersdorf AG	3,424		498,526
Brenntag SE	4,572		385,334
Carl Zeiss Meditec AG, Bearer Shares	1,435		179,125
Commerzbank AG	37,723		518,474
Continental AG	4,116		297,114
Covestro AG (A)(B)	7,081		387,332
Daimler Truck Holding AG	18,285		926,591
Delivery Hero SE (A)(B)	6,014		171,967
Deutsche Bank AG	65,587		1,033,015
Deutsche Boerse AG	6,468		1,324,586
Deutsche Lufthansa AG (A)	23,929		188,066
Deutsche Post AG	33,981		1,464,497
Deutsche Telekom AG	111,661		2,710,524
E.ON SE	76,314		1,062,441
Evonik Industries AG	8,081		159,844
Fresenius Medical Care AG	6,818		261,980
Fresenius SE & Company KGaA	14,307		385,815
GEA Group AG	5,882		248,693
Hannover Rueck SE	2,077		568,739
Heidelberg Materials AG	4,490		494,267
Henkel AG & Company KGaA	3,884		279,857
Infineon Technologies AG	44,694		1,519,848
Knorr-Bremse AG	2,779		210,190
LEG Immobilien SE (A)	2,553		219,280
Mercedes-Benz Group AG	27,642		2,201,331
Merck KGaA	4,390		774,115
MTU Aero Engines AG	1,813		459,826
Muenchener Rueckversicherungs-Gesellschaft AG	4,701		2,294,758
Nemetschek SE	2,010		198,956
Puma SE	3,943		178,446

International Equity Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Germany (continued)
Rational AG	207	$	178,351
Rheinmetall AG	1,488		836,886
RWE AG	21,783		740,346
SAP SE	35,974		7,004,843
Scout24 SE (B)	2,538		191,209
Siemens AG	26,182		4,999,177
Siemens Energy AG (A)	17,760		325,964
Siemens Healthineers AG (B)	9,542		583,568
Symrise AG	4,743		567,791
Talanx AG	2,143		169,763
Volkswagen AG	999		152,606
Vonovia SE	25,062		740,629
Zalando SE (A)(B)	7,664		219,155
			47,809,678
Greece - 0.1%
Alpha Services and Holdings SA (A)	74,045		130,037
Eurobank Ergasias Services and Holdings SA (A)	85,715		164,812
FF Group (A)(E)	1,869		3,025
Hellenic Telecommunications Organization SA	8,503		125,371
JUMBO SA	3,913		112,720
Motor Oil Hellas Corinth Refineries SA	2,077		61,848
Mytilineos SA	3,417		131,776
National Bank of Greece SA (A)	26,577		207,892
OPAP SA	7,073		127,323
Piraeus Financial Holdings SA (A)	23,224		97,033
Public Power Corp. SA (A)	6,989		87,664
			1,249,501
Hong Kong - 1.6%
AIA Group, Ltd.	394,000		2,650,270
Alibaba Health Information Technology, Ltd. (A)	194,000		79,046
Beijing Enterprises Holdings, Ltd.	19,786		57,462
Beijing Enterprises Water Group, Ltd.	198,000		44,074
BOC Hong Kong Holdings, Ltd.	132,328		354,810
Bosideng International Holdings, Ltd.	132,000		66,022
Brilliance China Automotive Holdings, Ltd.	104,000		71,777
C&D International Investment Group, Ltd.	25,000		43,676
China Common Rich Renewable Energy Investments, Ltd. (A)(E)	428,695		11,776
China Gas Holdings, Ltd.	104,200		94,004
China Medical System Holdings, Ltd.	48,300		50,747
China Merchants Port Holdings Company, Ltd.	52,898		63,428
China Overseas Land & Investment, Ltd.	131,382		189,616
China Overseas Property Holdings, Ltd.	45,000		24,942
China Power International Development, Ltd.	185,000		75,970
China Resources Beer Holdings Company, Ltd.	55,979		258,493
China Resources Gas Group, Ltd.	30,000		95,732
China Resources Land, Ltd.	110,964		352,026
China Resources Power Holdings Company, Ltd.	68,244		159,381
China Ruyi Holdings, Ltd. (A)	200,000		50,911
China State Construction International Holdings, Ltd.	71,250		77,881
China Taiping Insurance Holdings Company, Ltd.	60,500		53,038
Chow Tai Fook Jewellery Group, Ltd.	80,800		119,324
CK Asset Holdings, Ltd.	73,046		300,999
CK Hutchison Holdings, Ltd.	90,663		436,329

 

96

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

International Equity Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Hong Kong (continued)
CK Infrastructure Holdings, Ltd.	24,772	$	145,086
CLP Holdings, Ltd.	59,400		473,789
COSCO SHIPPING Ports, Ltd.	64,843		35,604
ESR Group, Ltd. (B)	75,200		80,568
Far East Horizon, Ltd.	66,000		48,943
Futu Holdings, Ltd., ADR (A)	1,700		92,055
Galaxy Entertainment Group, Ltd.	74,000		372,003
GCL Technology Holdings, Ltd.	694,000		113,709
Geely Automobile Holdings, Ltd.	206,000		243,798
Guangdong Investment, Ltd.	99,220		42,505
Hang Lung Properties, Ltd.	74,326		76,433
Hang Seng Bank, Ltd.	27,319		299,463
Henderson Land Development Company, Ltd.	55,324		157,986
HKT Trust & HKT, Ltd.	145,233		169,456
Hong Kong & China Gas Company, Ltd.	404,091		306,287
Hong Kong Exchanges & Clearing, Ltd.	41,214		1,200,905
Hongkong Land Holdings, Ltd.	44,100		135,409
Jardine Matheson Holdings, Ltd.	5,400		201,429
Kingboard Holdings, Ltd.	22,500		45,938
Kunlun Energy Company, Ltd.	134,000		111,943
Link REIT	90,646		390,359
MTR Corp., Ltd.	59,022		195,006
Orient Overseas International, Ltd.	4,500		53,867
Power Assets Holdings, Ltd.	51,582		302,199
Prudential PLC	93,830		879,991
Sino Biopharmaceutical, Ltd.	346,500		133,983
Sino Land Company, Ltd.	138,789		144,288
SITC International Holdings Company, Ltd.	52,000		95,069
Sun Hung Kai Properties, Ltd.	49,630		479,410
Swire Pacific, Ltd., Class A	18,163		149,525
Swire Properties, Ltd.	43,628		91,768
Techtronic Industries Company, Ltd.	49,500		672,599
The Wharf Holdings, Ltd.	37,000		121,634
Vinda International Holdings, Ltd.	12,000		35,986
Want Want China Holdings, Ltd.	163,000		96,220
WH Group, Ltd. (B)	320,343		211,452
Wharf Real Estate Investment Company, Ltd.	62,876		204,718
Yuexiu Property Company, Ltd.	63,440		35,005
			14,428,122
Hungary - 0.1%
MOL Hungarian Oil & Gas PLC	15,526		125,913
OTP Bank NYRT	8,135		374,476
Richter Gedeon NYRT	4,794		121,590
			621,979
India - 4.8%
ABB India, Ltd.	1,809		138,333
Adani Enterprises, Ltd.	5,824		223,990
Adani Green Energy, Ltd. (A)	10,747		236,532
Adani Ports & Special Economic Zone, Ltd.	18,193		293,997
Adani Power, Ltd. (A)	26,354		168,747
Ambuja Cements, Ltd.	20,118		148,246
APL Apollo Tubes, Ltd.	5,688		101,646
Apollo Hospitals Enterprise, Ltd.	3,469		264,448
Ashok Leyland, Ltd.	49,576		102,361
Asian Paints, Ltd.	13,278		454,719
Astral, Ltd.	4,648		111,261
AU Small Finance Bank, Ltd. (B)	5,380		36,602
Aurobindo Pharma, Ltd.	9,153		120,074
Avenue Supermarts, Ltd. (A)(B)	5,630		306,286
Axis Bank, Ltd.	78,628		990,318
Bajaj Auto, Ltd.	2,269		248,519

International Equity Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
India (continued)
Bajaj Finance, Ltd.	9,581	$	835,424
Bajaj Finserv, Ltd.	13,150		260,646
Bajaj Holdings & Investment, Ltd.	912		90,950
Balkrishna Industries, Ltd.	2,611		72,857
Bandhan Bank, Ltd. (B)	27,317		59,162
Bank of Baroda	35,251		112,136
Berger Paints India, Ltd.	9,702		66,640
Bharat Electronics, Ltd.	126,485		306,875
Bharat Forge, Ltd.	8,648		117,390
Bharat Heavy Electricals, Ltd.	35,988		107,136
Bharat Petroleum Corp., Ltd.	25,641		186,245
Bharti Airtel, Ltd.	77,513		1,150,573
Britannia Industries, Ltd.	3,751		222,383
CG Power & Industrial Solutions, Ltd.	20,819		134,291
Cholamandalam Investment and Finance Company, Ltd.	14,529		203,089
Cipla, Ltd.	18,161		326,268
Coal India, Ltd.	53,104		277,576
Colgate-Palmolive India, Ltd.	4,685		153,918
Container Corp. of India, Ltd.	9,153		97,239
Cummins India, Ltd.	4,680		169,889
Dabur India, Ltd.	21,327		133,725
Divi's Laboratories, Ltd.	4,034		166,563
DLF, Ltd.	25,583		276,950
Dr. Reddy's Laboratories, Ltd.	314		23,140
Dr. Reddy's Laboratories, Ltd., ADR	3,708		271,982
Eicher Motors, Ltd.	4,712		227,975
GAIL India, Ltd.	3,491		7,634
GAIL India, Ltd., GDR	12,953		166,776
GMR Airports Infrastructure, Ltd. (A)	83,177		81,815
Godrej Consumer Products, Ltd.	14,095		213,239
Godrej Properties, Ltd. (A)	4,161		114,937
Grasim Industries, Ltd.	9,074		251,520
Havells India, Ltd.	8,636		158,240
HCL Technologies, Ltd.	32,794		611,107
HDFC Asset Management Company, Ltd. (B)	3,310		149,380
HDFC Bank, Ltd.	97,219		1,694,214
HDFC Life Insurance Company, Ltd. (B)	33,493		254,292
Hero MotoCorp, Ltd.	4,132		234,985
Hindalco Industries, Ltd.	46,451		314,515
Hindustan Aeronautics, Ltd.	6,858		275,590
Hindustan Petroleum Corp., Ltd.	20,412		117,289
Hindustan Unilever, Ltd.	28,459		773,517
ICICI Bank, Ltd.	99,716		1,317,929
ICICI Bank, Ltd., ADR	39,970		1,055,608
ICICI Lombard General Insurance Company, Ltd. (B)	8,129		164,277
ICICI Prudential Life Insurance Company, Ltd. (B)	11,948		87,580
IDFC First Bank, Ltd. (A)	119,836		108,864
Indian Oil Corp., Ltd.	97,345		196,725
Indian Railway Catering & Tourism Corp., Ltd.	7,983		89,170
Indraprastha Gas, Ltd.	10,515		54,486
IndusInd Bank, Ltd.	9,828		183,355
Info Edge India, Ltd.	2,396		160,381
Infosys, Ltd.	2,780		49,969
Infosys, Ltd., ADR	112,128		2,010,455
InterGlobe Aviation, Ltd. (A)(B)	5,318		226,082
ITC, Ltd.	103,630		534,459
Jindal Steel & Power, Ltd.	12,058		123,785
Jio Financial Services, Ltd. (A)	102,813		437,284
JSW Steel, Ltd.	21,158		212,229
Jubilant Foodworks, Ltd.	13,701		73,674

 

97

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

International Equity Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
India (continued)
Kotak Mahindra Bank, Ltd.	37,833	$	814,831
Larsen & Toubro, Ltd.	23,309		1,054,530
LTIMindtree, Ltd. (B)	2,998		178,180
Lupin, Ltd.	7,879		153,623
Macrotech Developers, Ltd. (B)	8,241		111,839
Mahindra & Mahindra, Ltd.	3,818		87,926
Mahindra & Mahindra, Ltd., GDR	28,458		661,470
Marico, Ltd.	17,795		105,957
Maruti Suzuki India, Ltd.	4,874		738,223
Max Healthcare Institute, Ltd.	26,906		264,451
Mphasis, Ltd.	2,547		73,378
MRF, Ltd.	80		128,558
Muthoot Finance, Ltd.	4,018		71,377
Nestle India, Ltd.	11,678		368,810
NMDC, Ltd.	35,336		85,892
NTPC, Ltd.	151,008		612,810
Oil & Natural Gas Corp., Ltd.	107,507		347,618
One 97 Communications, Ltd. (A)	8,791		42,457
Page Industries, Ltd.	212		87,161
Persistent Systems, Ltd.	3,418		163,979
Petronet LNG, Ltd.	25,955		82,432
PI Industries, Ltd.	2,778		129,482
Pidilite Industries, Ltd.	5,254		190,102
Polycab India, Ltd.	1,539		93,722
Power Finance Corp., Ltd.	51,161		240,839
Power Grid Corp. of India, Ltd.	160,934		535,075
Punjab National Bank	75,867		113,719
REC, Ltd.	45,358		246,610
Reliance Industries, Ltd.	21,868		781,592
Reliance Industries, Ltd., GDR (B)	41,748		2,983,556
Samvardhana Motherson International, Ltd.	81,706		115,132
SBI Cards & Payment Services, Ltd.	9,870		80,990
SBI Life Insurance Company, Ltd. (B)	15,378		278,982
Shree Cement, Ltd.	305		94,757
Shriram Finance, Ltd.	9,623		272,966
Siemens, Ltd.	3,067		198,436
Sona BLW Precision Forgings, Ltd. (B)	13,867		116,985
SRF, Ltd.	4,927		151,332
State Bank of India	2,352		21,318
State Bank of India, GDR (D)	5,914		535,946
Sun Pharmaceutical Industries, Ltd.	33,214		649,176
Supreme Industries, Ltd.	2,145		108,926
Suzlon Energy, Ltd. (A)	301,588		146,717
Tata Communications, Ltd.	3,897		93,923
Tata Consultancy Services, Ltd.	31,303		1,463,158
Tata Consumer Products, Ltd.	19,785		261,431
Tata Elxsi, Ltd.	1,170		109,025
Tata Motors, Ltd.	57,497		687,944
Tata Motors, Ltd., Class A, Differential Voting Rights	15,644		123,525
Tata Steel, Ltd.	18,327		34,443
Tata Steel, Ltd., GDR	23,852		442,431
Tech Mahindra, Ltd.	18,580		278,597
The Indian Hotels Company, Ltd.	29,101		207,208
The Tata Power Company, Ltd.	49,762		236,003
Titan Company, Ltd.	12,290		561,536
Torrent Pharmaceuticals, Ltd.	3,534		111,126
Trent, Ltd.	6,274		297,348
Tube Investments of India, Ltd.	3,625		162,521
TVS Motor Company, Ltd.	8,184		213,110
UltraTech Cement, Ltd.	2,921		341,211
UltraTech Cement, Ltd., GDR	1,026		119,932
Union Bank of India, Ltd.	51,073		94,511
United Spirits, Ltd.	10,125		137,737

International Equity Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
India (continued)
UPL, Ltd.	15,210	$	83,346
Varun Beverages, Ltd.	15,526		261,013
Vedanta, Ltd.	32,015		105,149
Wipro, Ltd.	1,137		6,589
Wipro, Ltd., ADR (D)	44,063		253,362
Yes Bank, Ltd. (A)	445,883		124,271
Zomato, Ltd. (A)	210,067		460,577
			44,095,352
Indonesia - 0.5%
Adaro Energy Indonesia Tbk PT	495,900		84,494
Amman Mineral Internasional PT (A)	222,800		123,017
Aneka Tambang Tbk	287,300		29,023
Astra International Tbk PT	679,000		220,601
Bank Central Asia Tbk PT	1,896,200		1,205,865
Bank Mandiri Persero Tbk PT	1,268,048		576,953
Bank Negara Indonesia Persero Tbk PT	553,000		205,864
Bank Rakyat Indonesia Persero Tbk PT	2,374,148		907,815
Barito Pacific Tbk PT	1,278,057		76,188
Charoen Pokphand Indonesia Tbk PT	276,000		91,407
GoTo Gojek Tokopedia Tbk PT (A)	28,036,700		122,071
Indah Kiat Pulp & Paper Tbk PT	97,300		58,754
Indofood CBP Sukses Makmur Tbk PT	114,400		83,674
Indofood Sukses Makmur Tbk PT	147,500		59,315
Kalbe Farma Tbk PT	855,000		79,547
Merdeka Copper Gold Tbk PT (A)	511,905		73,707
Sarana Menara Nusantara Tbk PT	949,300		51,488
Semen Indonesia Persero Tbk PT	126,835		47,197
Sumber Alfaria Trijaya Tbk PT	567,500		104,200
Telkom Indonesia Persero Tbk PT	1,600,100		351,935
Telkom Indonesia Persero Tbk PT, ADR	358		7,969
Unilever Indonesia Tbk PT	332,500		56,630
United Tractors Tbk PT	55,279		84,302
			4,702,016
Ireland - 1.2%
AerCap Holdings NV (A)	6,800		590,988
AIB Group PLC	53,709		272,651
Bank of Ireland Group PLC	36,548		372,976
CRH PLC	25,406		2,192,789
DCC PLC	3,819		277,855
Experian PLC	31,438		1,369,844
Flutter Entertainment PLC (A)	6,039		1,203,774
James Hardie Industries PLC, CHESS Depositary Interest (A)	15,679		630,191
Kerry Group PLC, Class A (London Stock Exchange)	5,738		499,078
Kingspan Group PLC	5,232		471,136
PDD Holdings, Inc., ADR (A)	20,700		2,406,375
Smurfit Kappa Group PLC	952		43,407
Smurfit Kappa Group PLC	8,017		366,410
			10,697,474
Israel - 0.5%
Azrieli Group, Ltd.	1,424		102,750
Bank Hapoalim BM	43,766		410,151
Bank Leumi Le-Israel BM	54,437		452,507
Check Point Software Technologies, Ltd. (A)	3,116		511,055
CyberArk Software, Ltd. (A)	1,400		371,882
Elbit Systems, Ltd.	908		189,637
Global-e Online, Ltd. (A)	3,100		112,685
ICL Group, Ltd.	27,153		143,906
Isracard, Ltd.	1		2
Israel Discount Bank, Ltd., Class A	41,515		214,699
Mizrahi Tefahot Bank, Ltd.	5,543		207,805
Monday.com, Ltd. (A)	1,000		225,870

 

98

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

International Equity Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Israel (continued)
Nice, Ltd. (A)	2,200	$	572,530
Teva Pharmaceutical Industries, Ltd. (A)	33,126		467,278
Teva Pharmaceutical Industries, Ltd., ADR (A)	5,800		81,838
Wix.com, Ltd. (A)	1,900		261,212
			4,325,807
Italy - 1.5%
Amplifon SpA	4,902		178,692
Assicurazioni Generali SpA	34,297		868,178
Banco BPM SpA	41,434		275,673
Davide Campari-Milano NV	19,587		196,849
DiaSorin SpA	1,028		99,207
Enel SpA	277,871		1,834,371
Eni SpA	75,597		1,197,009
Ferrari NV	4,343		1,893,708
FinecoBank SpA	22,882		342,700
Infrastrutture Wireless Italiane SpA (B)	13,854		157,215
Intesa Sanpaolo SpA	503,882		1,829,368
Leonardo SpA	13,834		347,562
Mediobanca Banca di Credito Finanziario SpA	18,680		278,360
Moncler SpA	6,970		520,108
Nexi SpA (A)(B)	20,345		128,903
Poste Italiane SpA (B)	17,679		221,416
Prysmian SpA	9,050		471,995
Recordati Industria Chimica e Farmaceutica SpA	3,551		196,079
Snam SpA	68,097		321,535
Telecom Italia SpA (A)	387,741		94,127
Terna - Rete Elettrica Nazionale	47,611		393,540
UniCredit SpA	53,095		2,016,517
			13,863,112
Japan - 15.0%
Advantest Corp.	26,000		1,154,994
Aeon Company, Ltd.	22,100		524,254
AGC, Inc.	7,300		264,861
Aisin Corp.	4,600		187,969
Ajinomoto Company, Inc.	16,200		604,967
ANA Holdings, Inc.	6,700		140,025
Asahi Group Holdings, Ltd.	16,700		613,222
Asahi Intecc Company, Ltd.	8,900		155,926
Asahi Kasei Corp.	46,700		342,464
Astellas Pharma, Inc.	63,300		680,016
Azbil Corp.	4,200		116,196
Bandai Namco Holdings, Inc.	20,297		376,614
Bridgestone Corp.	19,300		855,371
Brother Industries, Ltd.	8,700		161,352
Canon, Inc.	34,500		1,027,930
Capcom Company, Ltd.	12,000		224,809
Central Japan Railway Company	26,600		660,620
Chubu Electric Power Company, Inc.	22,000		287,675
Chugai Pharmaceutical Company, Ltd.	22,700		867,489
Concordia Financial Group, Ltd.	39,100		196,525
Dai Nippon Printing Company, Ltd.	7,000		214,380
Daifuku Company, Ltd.	10,500		251,679
Dai-ichi Life Holdings, Inc.	31,800		811,044
Daiichi Sankyo Company, Ltd.	63,700		2,026,864
Daikin Industries, Ltd.	9,100		1,242,521
Daito Trust Construction Company, Ltd.	2,300		262,390
Daiwa House Industry Company, Ltd.	20,800		619,121
Daiwa Securities Group, Inc.	45,100		343,137
Denso Corp.	65,100		1,246,774
Dentsu Group, Inc.	7,500		208,251
Disco Corp.	3,200		1,169,707
East Japan Railway Company	30,900		592,821

International Equity Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Japan (continued)
Eisai Company, Ltd.	8,800	$	362,462
ENEOS Holdings, Inc.	97,611		470,275
FANUC Corp.	32,500		906,636
Fast Retailing Company, Ltd.	6,000		1,858,957
Fuji Electric Company, Ltd.	4,600		308,681
FUJIFILM Holdings Corp.	38,400		862,257
Fujitsu, Ltd.	60,000		960,240
GLP J-REIT	165		138,270
Hamamatsu Photonics KK	4,800		169,230
Hankyu Hanshin Holdings, Inc.	8,400		241,006
Hikari Tsushin, Inc.	800		150,457
Hirose Electric Company, Ltd.	1,223		125,676
Hitachi Construction Machinery Company, Ltd.	4,100		123,703
Hitachi, Ltd.	31,900		2,915,036
Honda Motor Company, Ltd.	159,100		1,968,654
Hoshizaki Corp.	3,800		138,650
Hoya Corp.	12,200		1,525,864
Hulic Company, Ltd.	15,600		160,217
Ibiden Company, Ltd.	3,600		161,232
Idemitsu Kosan Company, Ltd.	36,030		247,027
Iida Group Holdings Company, Ltd.	5,000		64,708
Inpex Corp.	32,800		498,599
Isuzu Motors, Ltd.	22,400		302,791
ITOCHU Corp.	40,600		1,744,160
Japan Airlines Company, Ltd.	6,200		117,724
Japan Exchange Group, Inc.	18,100		490,247
Japan Metropolitan Fund Investment Corp.	259		161,381
Japan Post Bank Company, Ltd.	49,900		536,191
Japan Post Holdings Company, Ltd.	74,300		748,582
Japan Post Insurance Company, Ltd.	8,300		158,656
Japan Real Estate Investment Corp.	47		167,548
Japan Tobacco, Inc.	40,900		1,090,473
JFE Holdings, Inc.	19,800		328,158
JSR Corp. (A)	6,000		171,736
Kajima Corp.	14,300		293,503
Kao Corp.	15,800		590,418
Kawasaki Kisen Kaisha, Ltd.	14,100		189,604
KDDI Corp.	51,600		1,525,643
KDX Realty Investment Corp.	142		150,931
Keisei Electric Railway Company, Ltd.	4,800		195,193
Keyence Corp.	6,696		3,108,691
Kikkoman Corp.	26,000		333,698
Kintetsu Group Holdings Company, Ltd.	6,200		180,586
Kirin Holdings Company, Ltd.	26,300		365,736
Kobe Bussan Company, Ltd.	5,500		134,768
Koito Manufacturing Company, Ltd.	7,000		94,358
Komatsu, Ltd.	32,000		946,905
Konami Group Corp.	3,700		252,040
Kubota Corp.	34,300		538,158
Kyocera Corp.	43,600		584,724
Kyowa Kirin Company, Ltd.	9,473		170,430
Lasertec Corp.	2,600		741,079
LY Corp.	99,300		251,523
M3, Inc.	16,200		233,140
Makita Corp.	7,800		221,680
Marubeni Corp.	48,800		845,199
MatsukiyoCocokara & Company	11,700		187,866
Mazda Motor Corp.	20,300		235,269
McDonald's Holdings Company Japan, Ltd.	2,600		116,915
MEIJI Holdings Company, Ltd.	7,400		161,562
MINEBEA MITSUMI, Inc.	12,500		245,189
MISUMI Group, Inc.	9,800		136,524

 

99

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

International Equity Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Japan (continued)
Mitsubishi Chemical Group Corp.	46,900	$	285,822
Mitsubishi Corp.	118,900		2,747,925
Mitsubishi Electric Corp.	66,500		1,113,140
Mitsubishi Estate Company, Ltd.	38,100		695,172
Mitsubishi HC Capital, Inc.	27,500		191,803
Mitsubishi Heavy Industries, Ltd.	109,000		987,904
Mitsubishi UFJ Financial Group, Inc.	382,500		3,891,594
Mitsui & Company, Ltd.	44,400		2,075,771
Mitsui Chemicals, Inc.	6,800		199,485
Mitsui Fudosan Company, Ltd.	92,400		996,208
Mitsui OSK Lines, Ltd.	12,000		366,079
Mizuho Financial Group, Inc.	83,110		1,643,526
MonotaRO Company, Ltd.	9,000		108,333
MS&AD Insurance Group Holdings, Inc.	43,500		768,103
Murata Manufacturing Company, Ltd.	58,800		1,099,702
NEC Corp.	8,800		642,447
Nexon Company, Ltd.	13,200		219,404
Nidec Corp.	14,100		584,717
Nintendo Company, Ltd.	35,800		1,953,413
Nippon Building Fund, Inc.	56		224,006
Nippon Express Holdings, Inc.	3,100		158,240
Nippon Paint Holdings Company, Ltd.	32,100		231,030
Nippon Prologis REIT, Inc.	80		142,512
Nippon Sanso Holdings Corp.	6,500		203,942
Nippon Steel Corp.	29,200		702,683
Nippon Telegraph & Telephone Corp.	1,020,000		1,214,925
Nippon Yusen KK	16,400		450,247
Nissan Chemical Corp.	4,600		174,230
Nissan Motor Company, Ltd.	86,400		342,358
Nissin Foods Holdings Company, Ltd.	6,600		181,950
Nitori Holdings Company, Ltd.	2,800		424,346
Nitto Denko Corp.	4,800		438,921
Nomura Holdings, Inc.	103,500		662,454
Nomura Real Estate Holdings, Inc.	4,500		127,131
Nomura Real Estate Master Fund, Inc.	151		149,314
Nomura Research Institute, Ltd.	13,346		377,008
NTT Data Group Corp.	22,500		357,704
Obayashi Corp.	22,500		267,535
Obic Company, Ltd.	2,400		362,523
Odakyu Electric Railway Company, Ltd.	10,900		150,255
Olympus Corp.	42,200		607,609
Omron Corp.	5,900		211,262
Ono Pharmaceutical Company, Ltd.	14,000		229,389
Oracle Corp. Japan	1,500		112,802
Oriental Land Company, Ltd.	37,600		1,204,543
ORIX Corp.	41,400		905,490
Osaka Gas Company, Ltd.	13,800		310,445
Otsuka Corp.	7,600		161,260
Otsuka Holdings Company, Ltd.	14,400		598,152
Pan Pacific International Holdings Corp.	12,900		341,872
Panasonic Holdings Corp.	75,000		715,783
Rakuten Group, Inc. (A)	50,500		286,643
Recruit Holdings Company, Ltd.	49,300		2,164,606
Renesas Electronics Corp.	50,200		894,597
Resona Holdings, Inc.	78,000		480,828
Ricoh Company, Ltd.	18,600		165,259
Rohm Company, Ltd.	12,000		192,465
SBI Holdings, Inc.	9,513		249,527
SCREEN Holdings Company, Ltd.	2,800		363,034
SCSK Corp.	5,400		100,374
Secom Company, Ltd.	7,100		515,126
Seiko Epson Corp.	9,600		167,928
Sekisui Chemical Company, Ltd.	13,400		196,050
Sekisui House, Ltd.	21,400		487,442
Seven & i Holdings Company, Ltd.	77,100		1,123,801

International Equity Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Japan (continued)
SG Holdings Company, Ltd.	12,400	$	157,033
Sharp Corp. (A)	7,400		41,214
Shimadzu Corp.	9,000		250,687
Shimano, Inc.	2,600		386,785
Shimizu Corp.	21,600		139,487
Shin-Etsu Chemical Company, Ltd.	62,100		2,723,827
Shionogi & Company, Ltd.	8,800		449,696
Shiseido Company, Ltd.	13,600		373,190
Shizuoka Financial Group, Inc.	17,000		161,764
SMC Corp.	2,000		1,128,320
SoftBank Corp.	97,900		1,260,457
SoftBank Group Corp.	35,400		2,102,243
Sompo Holdings, Inc.	31,800		666,530
Sony Group Corp.	43,500		3,730,157
Square Enix Holdings Company, Ltd.	3,400		131,124
Subaru Corp.	20,800		471,075
SUMCO Corp.	12,900		203,959
Sumitomo Corp.	35,300		850,305
Sumitomo Electric Industries, Ltd.	26,200		405,978
Sumitomo Metal Mining Company, Ltd.	9,200		274,715
Sumitomo Mitsui Financial Group, Inc.	43,800		2,561,105
Sumitomo Mitsui Trust Holdings, Inc.	22,600		486,953
Sumitomo Realty & Development Company, Ltd.	10,700		398,677
Suntory Beverage & Food, Ltd.	5,000		169,125
Suzuki Motor Corp.	54,000		616,532
Sysmex Corp.	18,600		331,915
T&D Holdings, Inc.	16,900		293,793
Taisei Corp.	6,600		240,564
Takeda Pharmaceutical Company, Ltd.	54,076		1,504,064
TDK Corp.	13,200		648,226
Terumo Corp.	47,000		860,037
The Chiba Bank, Ltd.	21,600		179,738
The Kansai Electric Power Company, Inc.	24,300		346,732
TIS, Inc.	7,800		167,355
Tobu Railway Company, Ltd.	6,800		170,033
Toho Company, Ltd.	4,067		135,046
Tokio Marine Holdings, Inc.	62,100		1,946,603
Tokyo Electric Power Company Holdings, Inc. (A)	50,400		306,338
Tokyo Electron, Ltd.	16,200		4,219,277
Tokyo Gas Company, Ltd.	13,900		315,986
Tokyu Corp.	17,900		217,966
TOPPAN Holdings, Inc.	8,300		208,056
Toray Industries, Inc.	50,800		243,934
TOTO, Ltd.	4,800		134,568
Toyota Industries Corp.	5,200		544,082
Toyota Motor Corp.	365,300		9,232,947
Toyota Tsusho Corp.	7,200		494,430
Trend Micro, Inc.	4,600		233,619
Unicharm Corp.	13,700		436,157
USS Company, Ltd.	15,540		128,472
West Japan Railway Company	16,400		341,779
Yakult Honsha Company, Ltd.	9,886		202,055
Yamaha Corp.	4,700		101,448
Yamaha Motor Company, Ltd.	30,300		279,111
Yamato Holdings Company, Ltd.	9,000		129,533
Yaskawa Electric Corp.	8,300		353,370
Yokogawa Electric Corp.	7,886		181,610
Zensho Holdings Company, Ltd.	3,100		128,914
ZOZO, Inc.	4,800		119,135
			138,056,764
Jordan - 0.0%
Hikma Pharmaceuticals PLC	6,907		167,087

 

100

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

International Equity Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Luxembourg - 0.1%
ArcelorMittal SA	17,628	$	484,545
Eurofins Scientific SE	4,949		315,255
Reinet Investments SCA	5,229		126,572
Tenaris SA	15,993		316,202
			1,242,574
Macau - 0.0%
Sands China, Ltd. (A)	92,000		259,554
Malaysia - 0.4%
AMMB Holdings BHD	59,087		52,040
Axiata Group BHD	101,690		57,843
CELCOMDIGI BHD	110,800		98,559
CIMB Group Holdings BHD	220,428		305,348
Gamuda BHD	64,303		71,611
Genting BHD	72,900		72,780
Genting Malaysia BHD	105,700		61,042
Hong Leong Bank BHD	23,269		95,211
IHH Healthcare BHD	75,900		96,739
Inari Amertron BHD	98,100		65,612
IOI Corp. BHD	114,466		95,593
Kuala Lumpur Kepong BHD	17,768		83,840
Malayan Banking BHD	185,514		378,364
Malaysia Airports Holdings BHD	34,649		72,532
Maxis BHD	67,200		47,863
MISC BHD	45,780		74,023
Mr. D.I.Y Group M BHD (B)	80,550		25,536
Nestle Malaysia BHD	2,800		69,813
Petronas Chemicals Group BHD	99,800		143,272
Petronas Dagangan BHD	12,200		55,431
Petronas Gas BHD	27,300		101,286
PPB Group BHD	21,240		70,021
Press Metal Aluminium Holdings BHD	120,800		119,043
Public Bank BHD	486,890		433,248
QL Resources BHD	54,400		67,628
RHB Bank BHD	51,706		61,654
Sime Darby BHD	108,224		59,498
Sime Darby Plantation BHD	70,286		64,688
Telekom Malaysia BHD	43,415		55,162
Tenaga Nasional BHD	101,250		240,667
YTL Corp. BHD	113,900		62,825
YTL Power International BHD	84,300		67,410
			3,426,182
Mexico - 0.7%
Alfa SAB de CV, Class A	98,000		72,594
America Movil SAB de CV (A)	639,732		598,052
Arca Continental SAB de CV	17,800		194,751
Banco del Bajio SA (B)	26,400		102,352
Cemex SAB de CV, Series CPO (A)	521,849		471,011
Coca-Cola Femsa SAB de CV	18,112		175,590
Fibra Uno Administracion SA de CV	90,200		150,630
Fomento Economico Mexicano SAB de CV	65,820		862,309
Gruma SAB de CV, Class B	7,685		144,279
Grupo Aeroportuario del Centro Norte SAB de CV	9,800		96,994
Grupo Aeroportuario del Pacifico SAB de CV, B Shares	14,200		231,408
Grupo Aeroportuario del Sureste SAB de CV, B Shares	6,560		208,028
Grupo Bimbo SAB de CV, Series A	44,984		213,760
Grupo Carso SAB de CV, Series A1	19,322		174,072
Grupo Financiero Banorte SAB de CV, Series O	88,162		937,943
Grupo Financiero Inbursa SAB de CV, Series O (A)	63,138		194,857

International Equity Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Mexico (continued)
Grupo Mexico SAB de CV, Series B	104,066	$	620,703
Industrias Penoles SAB de CV (A)	6,883		98,243
Kimberly-Clark de Mexico SAB de CV, Class A	52,378		122,367
Operadora de Sites Mexicanos SAB de CV, Class A1	63,900		78,185
Orbia Advance Corp. SAB de CV	37,631		78,745
Prologis Property Mexico SA de CV	24,246		106,115
Promotora y Operadora de Infraestructura SAB de CV	5,800		61,660
Wal-Mart de Mexico SAB de CV	177,288		715,872
			6,710,520
Netherlands - 3.4%
ABN AMRO Bank NV (B)	16,273		278,469
Adyen NV (A)(B)	748		1,263,478
Aegon, Ltd.	50,015		305,134
Akzo Nobel NV	6,168		460,859
Argenx SE (A)	2,019		796,040
ASM International NV	1,618		990,870
ASML Holding NV	13,888		13,463,929
ASR Nederland NV	5,398		264,556
BE Semiconductor Industries NV	2,603		398,725
Euronext NV (B)	3,256		309,875
EXOR NV	3,224		358,788
Heineken Holding NV	4,431		357,600
Heineken NV	9,922		956,560
IMCD NV	2,143		377,191
ING Groep NV	114,489		1,884,871
JDE Peet's NV	4,248		89,230
Koninklijke Ahold Delhaize NV	33,016		987,901
Koninklijke KPN NV	112,196		419,660
Koninklijke Philips NV (A)	26,982		540,018
NEPI Rockcastle NV (A)	19,351		133,488
NN Group NV	9,228		426,013
OCI NV	3,599		98,645
Prosus NV (A)	50,393		1,577,326
QIAGEN NV (A)	8,099		346,133
Randstad NV	3,735		197,230
Stellantis NV	76,330		2,167,367
Universal Music Group NV	28,021		842,044
Wolters Kluwer NV	8,721		1,365,625
			31,657,625
New Zealand - 0.1%
Auckland International Airport, Ltd.	45,310		226,137
Fisher & Paykel Healthcare Corp., Ltd.	20,524		314,441
Mercury NZ, Ltd.	23,949		99,048
Meridian Energy, Ltd.	44,474		157,058
Spark New Zealand, Ltd.	67,539		192,290
Xero, Ltd. (A)	4,962		430,847
			1,419,821
Norway - 0.4%
Adevinta ASA (A)	11,954		125,381
Aker BP ASA	10,753		269,701
DNB Bank ASA	31,886		633,816
Equinor ASA	30,424		815,801
Gjensidige Forsikring ASA	6,934		100,643
Kongsberg Gruppen ASA	3,055		210,941
Mowi ASA	16,033		294,506
Norsk Hydro ASA	48,185		264,795
Orkla ASA	24,150		170,565
Salmar ASA	2,012		132,789
Telenor ASA	21,695		241,412
Yara International ASA	5,667		179,696
			3,440,046

 

101

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

International Equity Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Peru - 0.1%
Cia de Minas Buenaventura SAA, ADR	8,064	$	128,056
Credicorp, Ltd.	2,434		412,393
			540,449
Philippines - 0.2%
Aboitiz Equity Ventures, Inc.	85,070		70,909
Ayala Corp.	8,920		101,501
Ayala Land, Inc.	253,800		145,873
Bank of the Philippine Islands	67,611		142,147
BDO Unibank, Inc.	92,568		254,282
International Container Terminal Services, Inc.	33,760		191,395
JG Summit Holdings, Inc.	89,355		57,912
Jollibee Foods Corp.	18,900		84,966
Manila Electric Company	8,090		51,330
Metropolitan Bank & Trust Company	65,642		76,237
PLDT, Inc.	3,730		90,731
SM Investments Corp.	8,302		143,642
SM Prime Holdings, Inc.	348,244		202,525
Universal Robina Corp.	30,280		56,726
			1,670,176
Poland - 0.3%
Allegro.eu SA (A)(B)	18,064		149,587
Bank Polska Kasa Opieki SA	6,330		287,659
Budimex SA	436		76,394
CD Projekt SA	2,349		68,730
Dino Polska SA (A)(B)	1,719		166,764
KGHM Polska Miedz SA	5,681		162,245
LPP SA	42		160,755
mBank SA (A)	508		94,036
ORLEN SA	19,842		323,185
PGE Polska Grupa Energetyczna SA (A)	26,654		48,022
Powszechna Kasa Oszczednosci Bank Polski SA	30,144		447,268
Powszechny Zaklad Ubezpieczen SA	23,000		280,916
Santander Bank Polska SA	1,219		173,577
			2,439,138
Portugal - 0.1%
EDP - Energias de Portugal SA	107,266		418,514
Galp Energia SGPS SA	16,011		264,701
Jeronimo Martins SGPS SA	9,675		191,955
			875,170
Russia - 0.0%
Gazprom PJSC, ADR (A)(E)	3,680		368
Gazprom PJSC, ADR (London Stock Exchange) (A)(E)	251,662		25,166
LUKOIL PJSC, ADR (A)(E)	23,756		55,066
MMC Norilsk Nickel PJSC, ADR (A)(E)	39,185		18,339
Mobile TeleSystems PJSC, ADR (A)(E)	20,264		3,627
Novatek PJSC, GDR (A)(E)	3,057		13,011
Rosneft Oil Company PJSC, GDR (A)(E)	30,000		5,460
Rosneft Oil Company PJSC, GDR (London Stock Exchange) (A)(E)	9,131		1,662
Sberbank of Russia PJSC, ADR (A)(E)	40,000		14,800
Sberbank of Russia PJSC, ADR (London Stock Exchange) (A)(E)	34,900		12,726
Severstal PAO, GDR (A)(E)	4,250		2,236
Surgutneftegas PJSC, ADR (A)(E)	22,274		4,254
Surgutneftegas PJSC, ADR (London Stock Exchange) (A)(E)	23,070		2,122
Tatneft PJSC, ADR (A)(E)	7,986		11,077
VTB Bank PJSC, GDR (A)(E)	50,760		711
			170,625

International Equity Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Saudi Arabia - 1.1%
ACWA Power Company	3,274	$	295,914
Ades Holding Company (A)	11,669		64,581
Advanced Petrochemical Company	4,529		47,345
Al Rajhi Bank	67,083		1,487,138
Alinma Bank	34,699		405,410
Almarai Company JSC	8,852		134,949
Arab National Bank	21,244		167,447
Arabian Internet & Communications Services Company	812		81,863
Bank AlBilad	17,420		225,735
Bank Al-Jazira (A)	14,284		76,184
Banque Saudi Fransi	19,205		199,551
Bupa Arabia for Cooperative Insurance Company	2,820		198,479
Dallah Healthcare Company	1,169		55,063
Dar Al Arkan Real Estate Development Company (A)	18,814		69,336
Dr Sulaiman Al Habib Medical Services Group Company	2,961		247,468
Elm Company	812		207,700
Etihad Etisalat Company	13,413		188,086
Jarir Marketing Company	20,900		81,920
Mobile Telecommunications Company Saudi Arabia	15,053		50,635
Mouwasat Medical Services Company	3,348		121,724
Nahdi Medical Company	1,333		52,583
Power & Water Utility Company for Jubail & Yanbu	2,564		47,339
Riyad Bank	50,248		399,445
SABIC Agri-Nutrients Company	7,973		260,693
Sahara International Petrochemical Company	12,775		105,421
Saudi Arabian Mining Company (A)	45,750		616,349
Saudi Arabian Oil Company (B)	92,548		759,130
Saudi Aramco Base Oil Company	1,730		77,252
Saudi Awwal Bank	34,070		377,074
Saudi Basic Industries Corp.	30,455		634,287
Saudi Electricity Company	29,505		155,605
Saudi Industrial Investment Group	12,742		76,025
Saudi Kayan Petrochemical Company (A)	26,130		62,843
Saudi Research & Media Group (A)	1,230		94,350
Saudi Tadawul Group Holding Company	1,623		118,268
Saudi Telecom Company	67,677		714,446
The Company for Cooperative Insurance	2,532		109,355
The Saudi Investment Bank	16,741		73,923
The Saudi National Bank	100,443		1,093,223
The Savola Group	9,302		140,060
Yanbu National Petrochemical Company	7,999		79,414
			10,453,613
Singapore - 0.8%
BOC Aviation, Ltd. (B)	7,400		57,088
CapitaLand Ascendas REIT	128,702		264,004
CapitaLand Integrated Commercial Trust	183,231		268,664
CapitaLand Investment, Ltd.	93,902		186,335
City Developments, Ltd.	16,600		71,909
DBS Group Holdings, Ltd.	62,354		1,664,092
Genting Singapore, Ltd.	226,200		148,350
Grab Holdings, Ltd., Class A (A)	63,200		198,448
Jardine Cycle & Carriage, Ltd.	3,400		60,876
Keppel, Ltd.	55,069		299,248
Mapletree Logistics Trust	124,150		134,231
Mapletree Pan Asia Commercial Trust	89,600		84,925
Oversea-Chinese Banking Corp., Ltd.	115,002		1,149,085
Sea, Ltd., ADR (A)	12,700		682,117

 

102

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

International Equity Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Singapore (continued)
Seatrium, Ltd. (A)	1,516,093	$	88,606
Sembcorp Industries, Ltd.	30,200		120,729
Singapore Airlines, Ltd.	51,250		242,900
Singapore Exchange, Ltd.	30,900		210,872
Singapore Technologies Engineering, Ltd.	61,500		183,104
Singapore Telecommunications, Ltd.	294,940		554,287
United Overseas Bank, Ltd.	43,608		948,040
Wilmar International, Ltd.	72,000		182,889
			7,800,799
South Africa - 0.7%
Absa Group, Ltd.	27,515		214,818
Anglo American Platinum, Ltd.	1,813		73,551
Aspen Pharmacare Holdings, Ltd.	13,036		151,121
Bid Corp., Ltd.	11,078		269,904
Capitec Bank Holdings, Ltd.	2,975		329,036
Clicks Group, Ltd.	8,355		130,646
Discovery, Ltd.	16,080		102,384
Exxaro Resources, Ltd.	8,997		80,373
FirstRand, Ltd.	172,480		561,991
Gold Fields, Ltd.	29,492		473,122
Harmony Gold Mining Company, Ltd.	18,873		156,059
Impala Platinum Holdings, Ltd.	28,968		119,673
Kumba Iron Ore, Ltd.	2,164		52,805
MTN Group, Ltd.	59,164		292,731
Naspers, Ltd., N Shares	6,311		1,118,723
Nedbank Group, Ltd.	15,440		186,277
Northam Platinum Holdings, Ltd.	11,870		70,733
Old Mutual, Ltd.	182,601		114,230
OUTsurance Group, Ltd.	28,715		63,629
Pepkor Holdings, Ltd. (B)	56,996		56,784
Remgro, Ltd.	17,781		114,665
Sanlam, Ltd.	59,860		219,322
Sasol, Ltd.	19,396		149,891
Shoprite Holdings, Ltd.	16,492		215,511
Sibanye Stillwater, Ltd.	101,051		115,652
Standard Bank Group, Ltd.	46,185		451,846
The Bidvest Group, Ltd.	9,718		124,552
Vodacom Group, Ltd.	21,952		114,291
Woolworths Holdings, Ltd.	33,746		105,534
			6,229,854
South Korea - 3.3%
Amorepacific Corp.	975		87,787
Celltrion Pharm, Inc. (A)	627		48,288
Celltrion, Inc.	5,235		714,874
CJ CheilJedang Corp.	287		62,260
CosmoAM&T Company, Ltd. (A)	818		98,647
Coway Company, Ltd.	2,324		97,141
DB Insurance Company, Ltd.	1,585		113,377
Doosan Bobcat, Inc.	1,900		76,232
Doosan Enerbility Company, Ltd. (A)	15,327		199,300
Ecopro BM Company, Ltd. (A)	1,656		341,812
Ecopro Company, Ltd. (A)	674		329,304
Ecopro Materials Company, Ltd. (A)	475		47,015
GS Holdings Corp.	1,749		62,941
Hana Financial Group, Inc.	9,993		437,472
Hanjin Kal Corp.	920		40,586
Hankook Tire & Technology Company, Ltd.	2,561		102,905
Hanmi Pharm Company, Ltd.	243		61,748
Hanmi Semiconductor Company, Ltd.	1,497		148,965
Hanon Systems	4,656		20,693
Hanwha Aerospace Company, Ltd.	1,199		184,945
Hanwha Ocean Company, Ltd. (A)	2,651		54,019
Hanwha Solutions Corp.	3,867		79,407

International Equity Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
South Korea (continued)
HD Hyundai Company, Ltd.	1,555	$	79,577
HD Hyundai Heavy Industries Company, Ltd. (A)	768		67,696
HD Korea Shipbuilding & Offshore Engineering Company, Ltd.	1,463		130,718
HLB, Inc. (A)	4,042		329,135
HMM Company, Ltd.	8,540		99,892
HYBE Company, Ltd.	717		121,981
Hyundai Engineering & Construction Company, Ltd.	2,649		65,504
Hyundai Glovis Company, Ltd.	649		87,105
Hyundai Mobis Company, Ltd.	2,223		431,568
Hyundai Motor Company	4,857		854,679
Hyundai Steel Company	2,875		67,958
Industrial Bank of Korea	9,540		98,951
Kakao Corp.	10,776		435,572
KakaoBank Corp.	5,704		119,132
Kakaopay Corp. (A)	917		26,530
Kangwon Land, Inc.	3,612		44,043
KB Financial Group, Inc.	12,892		673,704
KB Financial Group, Inc., ADR	430		22,390
Kia Corp.	9,044		751,640
Korea Aerospace Industries, Ltd.	2,519		94,284
Korea Electric Power Corp.	6,370		104,746
Korea Electric Power Corp., ADR	4,277		35,627
Korea Investment Holdings Company, Ltd.	1,446		71,591
Korea Zinc Company, Ltd.	350		118,119
Korean Air Lines Company, Ltd.	6,728		108,324
Krafton, Inc. (A)	992		184,232
KT Corp.	2,204		62,164
KT&G Corp.	3,484		242,490
Kum Yang Company, Ltd. (A)	1,091		91,535
Kumho Petrochemical Company, Ltd.	614		64,056
L&F Company, Ltd. (A)	878		114,959
LG Chem, Ltd.	1,689		552,819
LG Corp.	3,251		211,479
LG Display Company, Ltd.	9,399		73,889
LG Display Company, Ltd., ADR (D)	2,454		10,061
LG Electronics, Inc.	3,973		285,601
LG Energy Solution, Ltd. (A)	1,620		482,600
LG H&H Company, Ltd.	358		102,843
LG Innotek Company, Ltd.	575		84,423
LG Uplus Corp.	9,062		67,633
Lotte Chemical Corp.	674		60,087
Meritz Financial Group, Inc.	3,559		216,405
Mirae Asset Securities Company, Ltd.	7,084		42,768
NAVER Corp.	4,486		623,230
NCSoft Corp.	550		84,138
Netmarble Corp. (A)(B)	888		41,609
NH Investment & Securities Company, Ltd.	5,165		45,268
Orion Corp.	821		56,022
Posco DX Company, Ltd.	1,819		65,660
POSCO Future M Company, Ltd.	1,059		238,139
POSCO Holdings, Inc.	2,484		778,059
Posco International Corp.	1,782		70,442
Samsung Biologics Company, Ltd. (A)(B)	616		381,258
Samsung C&T Corp.	2,890		343,677
Samsung Electro-Mechanics Company, Ltd.	1,863		207,576
Samsung Electronics Company, Ltd.	165,278		9,932,797
Samsung Engineering Company, Ltd. (A)	5,310		99,463

 

103

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

International Equity Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
South Korea (continued)
Samsung Fire & Marine Insurance Company, Ltd.	1,218	$	279,713
Samsung Heavy Industries Company, Ltd. (A)	22,841		146,300
Samsung Life Insurance Company, Ltd.	2,756		195,510
Samsung SDI Company, Ltd.	1,904		675,261
Samsung SDS Company, Ltd.	1,322		160,631
Samsung Securities Company, Ltd.	2,154		65,134
Shinhan Financial Group Company, Ltd.	14,733		519,708
Shinhan Financial Group Company, Ltd., ADR (D)	350		12,422
SK Biopharmaceuticals Company, Ltd. (A)	1,071		73,593
SK Bioscience Company, Ltd. (A)	763		35,003
SK Hynix, Inc.	18,896		2,503,255
SK IE Technology Company, Ltd. (A)(B)	982		53,339
SK Innovation Company, Ltd. (A)	2,041		179,775
SK Square Company, Ltd. (A)	3,395		198,594
SK Telecom Company, Ltd.	1,870		74,043
SK, Inc.	1,269		172,143
SKC Company, Ltd. (A)	859		76,341
S-Oil Corp.	1,876		108,654
Woori Financial Group, Inc.	20,798		225,600
Yuhan Corp.	1,941		111,594
			30,234,179
Spain - 1.7%
Acciona SA	843		102,594
ACS Actividades de Construccion y Servicios SA	7,505		314,299
Aena SME SA (B)	2,540		500,264
Amadeus IT Group SA	15,345		985,102
Banco Bilbao Vizcaya Argentaria SA	201,453		2,399,010
Banco Santander SA	534,697		2,611,699
Banco Santander SA (Mexican Stock Exchange) (E)	22,856		96,582
CaixaBank SA (D)	129,226		627,081
Cellnex Telecom SA (A)(B)	15,820		559,630
EDP Renovaveis SA	9,513		128,827
EDP Renovaveis SA (BX Swiss Exchange)	126		1,705
Enagas SA	9,787		145,394
Endesa SA	12,378		229,507
Ferrovial SE	17,862		707,192
Grifols SA (A)	11,763		105,808
Iberdrola SA	211,415		2,625,858
Industria de Diseno Textil SA	37,580		1,892,395
Redeia Corp. SA	13,732		234,558
Repsol SA	41,807		697,812
Telefonica SA	168,390		743,655
			15,708,972
Sweden - 2.0%
Alfa Laval AB	9,840		386,656
Assa Abloy AB, B Shares	34,547		991,440
Atlas Copco AB, A Shares	92,584		1,563,610
Atlas Copco AB, B Shares	53,800		794,624
Beijer Ref AB	13,260		196,883
Boliden AB	9,749		270,707
Epiroc AB, A Shares	22,715		426,419
Epiroc AB, B Shares	14,979		253,668
EQT AB	12,864		407,268
Essity AB, B Shares	20,983		498,433
Evolution AB (B)	6,247		775,902
Fastighets AB Balder, B Shares (A)	24,258		178,186
Getinge AB, B Shares	8,639		173,755
Hennes & Mauritz AB, B Shares	22,261		362,990

International Equity Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Sweden (continued)
Hexagon AB, B Shares	70,969	$	838,920
Holmen AB, B Shares	3,205		130,379
Husqvarna AB, B Shares	14,199		121,501
Industrivarden AB, A Shares	5,394		185,498
Industrivarden AB, C Shares	5,184		178,260
Indutrade AB	9,332		254,174
Investment AB Latour, B Shares	5,009		131,680
Investor AB, B Shares	59,628		1,496,325
L.E. Lundbergforetagen AB, B Shares	3,102		167,905
Lifco AB, B Shares	7,888		205,990
Nibe Industrier AB, B Shares	51,776		254,603
Saab AB, B Shares	2,710		241,062
Sagax AB, B Shares	6,422		169,414
Sandvik AB	36,214		803,979
Securitas AB, B Shares	20,108		207,294
Skandinaviska Enskilda Banken AB, A Shares	53,588		725,986
Skanska AB, B Shares	12,918		230,051
SKF AB, B Shares	11,531		235,403
Svenska Cellulosa AB SCA, B Shares	20,883		321,055
Svenska Handelsbanken AB, A Shares	50,274		508,269
Swedbank AB, A Shares (D)	28,754		570,702
Swedish Orphan Biovitrum AB (A)	6,595		164,612
Tele2 AB, B Shares	17,728		145,573
Telefonaktiebolaget LM Ericsson, B Shares	100,604		541,064
Telia Company AB	91,625		234,831
Volvo AB, A Shares	8,008		220,513
Volvo AB, B Shares (D)	51,555		1,397,215
Volvo Car AB, B Shares (A)	25,662		97,156
			18,059,955
Switzerland - 6.4%
ABB, Ltd.	55,111		2,556,616
Adecco Group AG	6,058		239,668
Alcon, Inc.	17,168		1,419,991
Avolta AG (A)	3,335		138,861
Bachem Holding AG	1,275		122,098
Baloise Holding AG	1,556		243,990
Banque Cantonale Vaudoise	1,029		119,710
Barry Callebaut AG	136		197,554
BKW AG	721		110,793
Chocoladefabriken Lindt & Spruengli AG	4		482,556
Chocoladefabriken Lindt & Spruengli AG, Participation Certificates	34		406,940
Cie Financiere Richemont SA, A Shares	18,520		2,819,492
Clariant AG (A)	8,258		111,730
Coca-Cola HBC AG (A)	8,067		254,919
DSM-Firmenich AG	6,357		722,997
EMS-Chemie Holding AG	241		184,707
Geberit AG	1,129		667,221
Givaudan SA	317		1,411,202
Glencore PLC	361,179		1,981,989
Helvetia Holding AG	1,256		173,166
Holcim, Ltd. (A)	17,956		1,626,756
Julius Baer Group, Ltd.	7,301		423,446
Kuehne + Nagel International AG	1,851		514,983
Logitech International SA	5,565		498,676
Lonza Group AG	2,544		1,520,291
Nestle SA	91,983		9,773,190
Novartis AG	70,614		6,839,562
Partners Group Holding AG	782		1,117,076
Roche Holding AG	24,204		6,179,742
Roche Holding AG, Bearer Shares	1,094		295,013
Sandoz Group AG (A)	13,872		418,737

 

104

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

International Equity Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Switzerland (continued)
Schindler Holding AG	806	$	196,670
Schindler Holding AG, Participation Certificates	1,378		346,868
SGS SA	5,077		492,888
SIG Group AG (A)	10,451		231,743
Sika AG	5,211		1,550,535
Sonova Holding AG	1,838		532,272
STMicroelectronics NV	23,244		1,000,385
Straumann Holding AG	3,800		606,319
Swiss Life Holding AG	1,050		736,462
Swiss Prime Site AG	2,598		245,062
Swiss Re AG	10,244		1,317,736
Swisscom AG	886		542,281
Temenos AG	2,556		182,832
The Swatch Group AG	2,395		108,599
The Swatch Group AG, Bearer Shares	986		230,016
UBS Group AG	113,307		3,488,828
VAT Group AG (B)	914		472,167
Zurich Insurance Group AG	5,042		2,723,761
			58,579,096
Taiwan - 4.7%
Accton Technology Corp.	17,000		243,619
Acer, Inc.	99,018		144,332
Advantech Company, Ltd.	16,623		211,483
Airtac International Group	5,185		179,760
Alchip Technologies, Ltd.	3,000		296,869
ASE Technology Holding Company, Ltd.	106,338		516,175
Asia Cement Corp.	79,863		102,168
Asustek Computer, Inc.	23,952		317,088
AUO Corp. (A)	219,061		123,844
Catcher Technology Company, Ltd.	19,184		130,361
Cathay Financial Holding Company, Ltd. (A)	326,373		491,836
Chailease Holding Company, Ltd.	53,200		285,070
Chang Hwa Commercial Bank, Ltd.	185,903		105,410
Cheng Shin Rubber Industry Company, Ltd.	66,680		103,509
China Airlines, Ltd.	94,000		57,240
China Development Financial Holding Corp. (A)	553,133		239,268
China Steel Corp.	408,388		303,695
Chunghwa Telecom Company, Ltd.	127,148		499,455
Compal Electronics, Inc.	139,764		167,393
CTBC Financial Holding Company, Ltd.	608,465		615,862
Delta Electronics, Inc.	66,866		715,658
E Ink Holdings, Inc.	29,000		205,785
E.Sun Financial Holding Company, Ltd.	488,218		414,017
Eclat Textile Company, Ltd.	6,259		107,045
eMemory Technology, Inc.	2,000		150,166
Eva Airways Corp.	93,000		91,852
Evergreen Marine Corp. Taiwan, Ltd.	33,826		186,178
Far Eastern New Century Corp.	99,875		103,103
Far EasTone Telecommunications Company, Ltd.	61,159		154,546
Feng TAY Enterprise Company, Ltd.	19,262		95,045
First Financial Holding Company, Ltd.	377,543		325,531
Formosa Chemicals & Fibre Corp.	121,212		207,074
Formosa Petrochemical Corp.	39,720		85,195
Formosa Plastics Corp.	132,086		280,983
Fubon Financial Holding Company, Ltd.	269,897		584,229
Gigabyte Technology Company, Ltd.	17,000		166,347
Global Unichip Corp.	3,000		114,327
Globalwafers Company, Ltd.	8,000		138,894
Hon Hai Precision Industry Company, Ltd.	431,368		2,095,178

International Equity Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Taiwan (continued)
Hotai Motor Company, Ltd.	10,200	$	206,151
Hua Nan Financial Holdings Company, Ltd.	307,225		219,776
Innolux Corp. (A)	297,154		141,139
Inventec Corp.	89,899		164,525
Largan Precision Company, Ltd.	3,143		238,579
Lite-On Technology Corp.	67,626		224,176
MediaTek, Inc.	52,340		1,896,504
Mega Financial Holding Company, Ltd.	399,003		501,719
Micro-Star International Company, Ltd.	25,000		130,458
Nan Ya Plastics Corp.	160,992		276,965
Nan Ya Printed Circuit Board Corp.	8,000		49,492
Nanya Technology Corp.	43,000		90,813
Nien Made Enterprise Company, Ltd.	6,000		66,502
Novatek Microelectronics Corp.	20,361		374,842
Pegatron Corp.	66,989		208,555
PharmaEssentia Corp. (A)	8,000		79,938
Pou Chen Corp.	78,641		89,022
Powerchip Semiconductor Manufacturing Corp. (A)	106,000		85,788
President Chain Store Corp.	19,496		161,667
Quanta Computer, Inc.	93,771		821,150
Realtek Semiconductor Corp.	16,999		296,024
Ruentex Development Company, Ltd.	51,840		56,774
Shin Kong Financial Holding Company, Ltd. (A)	455,790		114,752
SinoPac Financial Holdings Company, Ltd.	355,369		238,653
Synnex Technology International Corp.	41,928		102,647
Taishin Financial Holding Company, Ltd.	388,535		217,890
Taiwan Business Bank	210,944		104,800
Taiwan Cement Corp.	232,594		230,212
Taiwan Cooperative Financial Holding Company, Ltd.	354,260		287,554
Taiwan High Speed Rail Corp.	66,000		62,175
Taiwan Mobile Company, Ltd.	63,257		201,520
Taiwan Semiconductor Manufacturing Company, Ltd.	852,227		20,416,101
The Shanghai Commercial & Savings Bank, Ltd.	133,142		200,707
Unimicron Technology Corp.	47,000		279,424
Uni-President Enterprises Corp.	167,487		399,679
United Microelectronics Corp.	390,313		633,885
Vanguard International Semiconductor Corp.	31,000		82,163
Voltronic Power Technology Corp.	2,000		103,155
Walsin Lihwa Corp.	97,735		114,195
Wan Hai Lines, Ltd.	22,770		31,380
Winbond Electronics Corp.	106,100		89,521
Wistron Corp.	90,000		339,037
Wiwynn Corp.	3,000		205,429
WPG Holdings, Ltd.	54,840		164,539
Yageo Corp.	12,015		222,954
Yang Ming Marine Transport Corp.	60,000		82,836
Yuanta Financial Holding Company, Ltd.	351,600		330,819
Zhen Ding Technology Holding, Ltd.	23,000		89,829
			43,082,005
Thailand - 0.4%
Advanced Info Service PCL	40,400		225,988
Airports of Thailand PCL	144,700		258,964
Asset World Corp. PCL, NVDR	275,600		31,202
Bangkok Dusit Medical Services PCL, NVDR	387,300		300,220
Bangkok Expressway & Metro PCL, NVDR	354,600		77,756

 

105

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

International Equity Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Thailand (continued)
BTS Group Holdings PCL, NVDR	301,600	$	46,371
Bumrungrad Hospital PCL, NVDR	20,500		125,443
Central Pattana PCL, NVDR	64,400		110,924
Central Retail Corp. PCL	45,441		44,885
Charoen Pokphand Foods PCL	136,200		68,031
CP ALL PCL	184,600		276,157
CP ALL PCL, NVDR	12,300		18,401
CP Axtra PCL, NVDR	71,600		61,384
Delta Electronics Thailand PCL, NVDR	105,500		209,413
Energy Absolute PCL	56,900		53,547
Global Power Synergy PCL, NVDR	24,100		34,772
Gulf Energy Development PCL, NVDR	101,050		121,274
Home Product Center PCL	204,400		60,048
Indorama Ventures PCL, NVDR	54,900		36,015
Intouch Holdings PCL, NVDR	32,900		62,060
Kasikornbank PCL, NVDR	20,000		67,997
Krung Thai Bank PCL	164,375		75,776
Krungthai Card PCL	30,800		38,692
Land & Houses PCL, NVDR	393,400		79,343
Minor International PCL, NVDR	131,483		119,128
Muangthai Capital PCL, NVDR	25,600		32,686
PTT Exploration & Production PCL	47,147		193,334
PTT Global Chemical PCL	87,373		91,194
PTT Oil & Retail Business PCL, NVDR	102,500		49,532
PTT PCL	329,000		302,701
PTT PCL, NVDR	10,500		9,661
SCB X PCL	23,348		72,989
SCG Packaging PCL, NVDR	44,000		34,721
Thai Oil PCL	50,886		82,176
The Siam Cement PCL	12,000		83,969
The Siam Cement PCL, NVDR	14,300		100,063
TMBThanachart Bank PCL, NVDR	829,800		41,409
True Corp. PCL (A)	269,362		56,914
			3,755,140
Turkey - 0.2%
Akbank TAS	100,286		145,027
Aselsan Elektronik Sanayi Ve Ticaret AS	46,762		80,128
BIM Birlesik Magazalar AS	16,428		178,478
Coca-Cola Icecek AS	2,629		45,710
Eregli Demir ve Celik Fabrikalari TAS (A)	49,091		63,959
Ford Otomotiv Sanayi AS	2,390		85,335
Haci Omer Sabanci Holding AS	34,855		89,442
KOC Holding AS	25,423		159,935
Pegasus Hava Tasimaciligi AS (A)	1,574		39,708
Sasa Polyester Sanayi AS (A)	35,185		46,777
Tofas Turk Otomobil Fabrikasi AS	4,273		36,017
Turk Hava Yollari AO (A)	18,859		173,614
Turkcell Iletisim Hizmetleri AS	38,572		81,532
Turkiye Is Bankasi AS, Class C	336,501		116,753
Turkiye Petrol Rafinerileri AS	34,986		191,502
Turkiye Sise ve Cam Fabrikalari AS	47,094		66,207
Yapi ve Kredi Bankasi AS	100,953		85,819
			1,685,943
United Arab Emirates - 0.0%
NMC Health PLC (A)(E)	4,471		0
United Kingdom - 8.4%
3i Group PLC	33,057		1,172,114
abrdn PLC	67,699		120,597
Admiral Group PLC	8,900		318,955
Anglo American PLC	43,776		1,078,763
AngloGold Ashanti PLC	14,430		322,169
Ashtead Group PLC	14,934		1,063,736
Associated British Foods PLC	11,883		374,918

International Equity Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
United Kingdom (continued)
AstraZeneca PLC	53,404	$	7,174,487
Auto Trader Group PLC (B)	31,085		274,509
Aviva PLC	96,832		607,591
BAE Systems PLC	103,325		1,761,216
Barclays PLC	522,083		1,210,003
Barratt Developments PLC	38,692		232,232
BP PLC	589,696		3,699,411
British American Tobacco PLC	69,341		2,104,572
BT Group PLC	237,392		328,541
Bunzl PLC	11,428		439,721
Burberry Group PLC	13,108		200,504
Centrica PLC	192,412		310,179
Coca-Cola Europacific Partners PLC	6,887		486,554
Compass Group PLC	59,046		1,731,973
Croda International PLC	4,570		282,770
Diageo PLC	77,012		2,849,611
Endeavour Mining PLC	6,282		127,475
Entain PLC	21,740		218,160
GSK PLC	141,767		3,043,790
Haleon PLC	206,788		866,602
Halma PLC	13,950		416,552
Hargreaves Lansdown PLC	13,764		127,744
HSBC Holdings PLC	659,988		5,159,004
Imperial Brands PLC	29,156		651,770
Informa PLC	48,542		509,302
InterContinental Hotels Group PLC	5,955		618,794
Intertek Group PLC	6,021		379,008
J Sainsbury PLC	55,808		190,553
JD Sports Fashion PLC	87,670		148,938
Kingfisher PLC	65,606		206,480
Land Securities Group PLC	25,882		214,974
Legal & General Group PLC	202,129		649,374
Lloyds Banking Group PLC	2,174,830		1,422,330
London Stock Exchange Group PLC	14,236		1,703,393
M&G PLC	75,877		211,191
Melrose Industries PLC	45,639		387,516
Mondi PLC	16,361		288,222
National Grid PLC	128,433		1,730,505
NatWest Group PLC	195,705		655,482
Next PLC	4,131		481,527
Ocado Group PLC (A)	19,565		112,202
Pearson PLC	23,325		307,131
Pepco Group NV (A)	5,907		26,621
Persimmon PLC	11,973		198,518
Phoenix Group Holdings PLC	27,163		189,664
Reckitt Benckiser Group PLC	24,469		1,394,854
RELX PLC	42,152		1,817,821
RELX PLC (Euronext Amsterdam Exchange)	22,799		987,582
Rentokil Initial PLC	85,275		507,003
Rio Tinto PLC	38,798		2,452,996
Rolls-Royce Holdings PLC (A)	289,960		1,560,089
Schroders PLC	29,188		138,668
Segro PLC	39,864		454,510
Severn Trent PLC	9,413		293,716
Shell PLC	224,018		7,432,795
Smith & Nephew PLC	29,554		369,986
Smiths Group PLC	12,075		250,296
Spirax-Sarco Engineering PLC	2,735		347,005
SSE PLC	36,760		766,372
St. James's Place PLC	20,193		118,466
Standard Chartered PLC	80,099		679,056
Taylor Wimpey PLC	139,593		241,338
Tesco PLC	247,643		927,539
The Berkeley Group Holdings PLC	4,051		243,386

 

106

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

International Equity Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
United Kingdom (continued)
The Sage Group PLC	34,459	$	550,725
Unilever PLC	86,141		4,324,431
United Utilities Group PLC	23,160		300,932
Vodafone Group PLC	776,383		688,593
Whitbread PLC	6,683		279,402
Wise PLC, Class A (A)	20,804		243,185
WPP PLC	36,478		345,707
			77,104,401
United States - 0.1%
BeiGene, Ltd. (A)	23,300		280,313
Brookfield Renewable Corp., Class A	5,150		126,379
Legend Biotech Corp., ADR (A)	2,500		140,225
Parade Technologies, Ltd.	3,000		86,344
RB Global, Inc.	6,100		464,610
Southern Copper Corp.	2,874		306,138
			1,404,009
TOTAL COMMON STOCKS (Cost $640,631,613)		$	886,763,388
PREFERRED SECURITIES - 0.9%
Brazil - 0.4%
Banco Bradesco SA	179,381		510,024
Banco BTG Pactual SA	4		7
Centrais Eletricas Brasileiras SA, B Shares	5,700		52,995
Cia Energetica de Minas Gerais	47,171		118,130
Companhia Paranaense de Energia, B Shares	32,500		62,338
Gerdau SA	45,780		202,639
Itau Unibanco Holding SA	164,589		1,136,771
Itausa SA	181,640		380,273
Petroleo Brasileiro SA	165,151		1,230,219
			3,693,396
Chile - 0.0%
Sociedad Quimica y Minera de Chile SA, B Shares	490		23,907
Germany - 0.3%
Bayerische Motoren Werke AG	2,090		224,263
Dr. Ing. h.c. F. Porsche AG (B)	3,890		386,892
Henkel AG & Company KGaA	5,727		460,315
Porsche Automobil Holding SE	5,695		301,687
Sartorius AG	903		358,592
Volkswagen AG	6,978		925,454
			2,657,203

International Equity Index Trust (continued)

	Shares or Principal Amount	Value
PREFERRED SECURITIES (continued)
South Korea - 0.2%
Hyundai Motor Company	793	$	93,172
Hyundai Motor Company, 2nd Preferred	1,197		139,503
LG Chem, Ltd.	265		59,124
Samsung Electronics Company, Ltd.	28,478		1,421,400
			1,713,199
TOTAL PREFERRED SECURITIES (Cost $7,428,615)		$	8,087,705
WARRANTS - 0.0%
Constellation Software, Inc. (Expiration Date: 3-31-40) (A)(E)(F)	700		0
TOTAL WARRANTS (Cost $0)		$	0
SHORT-TERM INVESTMENTS - 2.3%
Short-term funds - 2.3%
Fidelity Government Portfolio, Institutional Class, 5.2500% (G)	18,031,717		18,031,717
John Hancock Collateral Trust, 5.2975% (G)(H)	346,469		3,463,788
TOTAL SHORT-TERM INVESTMENTS (Cost $21,496,437)		$	21,495,505
Total Investments (International Equity Index Trust) (Cost $669,556,665) - 99.5%		$	916,346,598
Other assets and liabilities, net - 0.5%			4,278,608
TOTAL NET ASSETS - 100.0%		$	920,625,206

Security Abbreviations and Legend
ADR	American Depositary Receipt
GDR	Global Depositary Receipt
NVDR	Non-Voting Depositary Receipt
(A)	Non-income producing security.
(B)	These securities are exempt from registration under Rule 144A of the Securities Act of 1933. Such securities may be resold, normally to qualified institutional buyers, in transactions exempt from registration.
(C)	Investment is an affiliate of the fund, the advisor and/or subadvisor.
(D)	All or a portion of this security is on loan as of 3-31-24. The value of securities on loan amounted to $3,442,166.
(E)	Security is valued using significant unobservable inputs and is classified as Level 3 in the fair value hierarchy.
(F)	Strike price and/or expiration date not available.
(G)	The rate shown is the annualized seven-day yield as of 3-31-24.
(H)	Investment is an affiliate of the fund, the advisor and/or subadvisor. This security represents the investment of cash collateral received for securities lending.

 

DERIVATIVES

FUTURES

Open contracts	Number of contracts	Position	Expiration date	Notional basis^	Notional value^	Unrealized appreciation (depreciation)
Mini MSCI EAFE Index Futures	114	Long	Jun 2024	$13,442,633	$13,430,340	$(12,293)
Mini MSCI Emerging Markets Index Futures	109	Long	Jun 2024	5,707,715	5,716,505	8,790
MSCI Kuwait Index Futures	121	Long	Jun 2024	1,944,157	1,919,665	(24,492)
MSCI Qatar Index Futures	129	Long	Jun 2024	2,059,164	2,004,015	(55,149)
MSCI UAE Index Futures	80	Long	Jun 2024	2,892,489	2,945,600	53,111
S&P/TSX 60 Index Futures	8	Long	Jun 2024	1,560,185	1,584,467	24,282
						$(5,751)

^ Notional basis refers to the contractual amount agreed upon at inception of open contracts; notional value represents the current value of the open contract.

107

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

International Small Company Trust

	Shares or Principal Amount	Value
COMMON STOCKS - 97.9%
Australia - 7.3%
A2B Australia, Ltd.	9,047	$	8,473
Accent Group, Ltd.	24,907		32,948
Adairs, Ltd.	7,392		12,375
Adbri, Ltd. (A)	19,036		38,851
Ainsworth Game Technology, Ltd. (A)	10,192		8,069
Alcidion Group, Ltd. (A)	43,339		1,441
Alkane Resources, Ltd. (A)	25,036		10,208
Alliance Aviation Services, Ltd. (A)	3,238		6,127
Altium, Ltd.	425		18,053
Alumina, Ltd. (A)	53,091		49,197
AMA Group, Ltd. (A)	56,721		2,032
AMP, Ltd.	110,740		84,477
Ansell, Ltd.	5,635		90,243
Appen, Ltd. (A)(B)	6,367		2,426
Arafura Rare Earths, Ltd. (A)(B)	204,393		27,324
ARB Corp., Ltd.	3,247		87,468
Archer Materials, Ltd. (A)	10,038		3,733
ARN Media, Ltd.	20,357		11,670
Articore Group, Ltd. (A)(B)	13,929		5,017
AUB Group, Ltd.	5,591		108,350
Audinate Group, Ltd. (A)	5,069		69,141
Aurelia Metals, Ltd. (A)	115,998		11,702
Aussie Broadband, Ltd. (A)	9,321		21,733
Austal, Ltd.	23,155		33,144
Australian Agricultural Company, Ltd. (A)	28,065		24,881
Australian Clinical Labs, Ltd. (B)	5,715		10,016
Australian Ethical Investment, Ltd.	4,074		13,094
Australian Finance Group, Ltd.	15,010		15,936
Australian Strategic Materials, Ltd. (A)	2,603		2,342
Auswide Bank, Ltd.	771		2,205
AVZ Minerals, Ltd. (A)(C)	98,026		37,369
Baby Bunting Group, Ltd.	5,551		7,592
Bank of Queensland, Ltd.	32,354		133,290
Bapcor, Ltd.	15,610		64,183
Base Resources, Ltd.	32,069		2,408
Beach Energy, Ltd.	74,859		89,782
Beacon Lighting Group, Ltd.	6,674		12,868
Bega Cheese, Ltd. (B)	15,122		41,200
Bell Financial Group, Ltd.	10,635		9,424
Bellevue Gold, Ltd. (A)	54,153		66,596
BetMakers Technology Group, Ltd. (A)	14,102		901
Bigtincan Holdings, Ltd. (A)	29,230		2,956
Boss Energy, Ltd. (A)	26,633		82,700
Bravura Solutions, Ltd. (A)	32,221		29,384
Breville Group, Ltd.	4,635		83,040
Brickworks, Ltd.	3,876		71,938
Bubs Australia, Ltd. (A)	33,097		3,664
BWX, Ltd. (A)(C)	9,946		1,296
Calidus Resources, Ltd. (A)	34,959		2,625
Calidus Resources, Ltd., Additional Offering (A)	7,441		559
Capitol Health, Ltd.	41,735		6,524
Capricorn Metals, Ltd. (A)	13,300		44,613
Carnarvon Energy, Ltd. (A)	51,813		6,410
Cash Converters International, Ltd.	14,501		2,124
Cedar Woods Properties, Ltd.	5,696		17,814
Cettire, Ltd. (A)	7,920		20,908
Challenger, Ltd.	19,023		88,120
Champion Iron, Ltd.	13,415		64,765
Chrysos Corp., Ltd. (A)	1,788		7,990
City Chic Collective, Ltd. (A)	9,410		2,514
Clinuvel Pharmaceuticals, Ltd.	2,335		21,845
Clover Corp., Ltd.	8,155		2,579
Coast Entertainment Holdings, Ltd. (A)	39,016		13,480

International Small Company Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Australia (continued)
Codan, Ltd.	7,402	$	52,433
Collins Foods, Ltd.	5,736		37,906
Cooper Energy, Ltd. (A)	158,205		22,757
Corporate Travel Management, Ltd.	4,156		45,969
Credit Corp. Group, Ltd.	3,047		36,707
CSR, Ltd.	25,551		146,882
Data#3, Ltd.	5,537		29,875
De Grey Mining, Ltd. (A)	74,039		61,092
Deterra Royalties, Ltd.	10,662		34,259
Dicker Data, Ltd.	2,871		20,145
Domain Holdings Australia, Ltd.	11,859		25,341
Domino's Pizza Enterprises, Ltd.	2,497		70,546
Downer EDI, Ltd.	26,043		86,602
Eagers Automotive, Ltd.	7,533		69,510
Elders, Ltd.	6,762		41,325
Emeco Holdings, Ltd.	22,924		10,622
Emerald Resources NL (A)	28,411		54,310
EML Payments, Ltd. (A)	16,327		13,088
Enero Group, Ltd.	3,952		4,560
EQT Holdings, Ltd.	993		19,026
EVT, Ltd.	5,448		44,097
Finbar Group, Ltd. (A)	8,370		3,768
FleetPartners Group, Ltd. (A)	16,681		40,880
Fleetwood, Ltd.	8,058		7,851
Flight Centre Travel Group, Ltd.	6,231		88,635
Frontier Digital Ventures, Ltd. (A)	11,391		4,308
G8 Education, Ltd.	51,376		40,175
Galan Lithium, Ltd. (A)(B)	16,777		4,540
Gold Road Resources, Ltd.	44,969		46,372
GrainCorp, Ltd., Class A	9,793		52,576
Grange Resources, Ltd.	21,083		6,045
GUD Holdings, Ltd.	7,010		53,878
GWA Group, Ltd.	12,453		21,751
Hansen Technologies, Ltd.	11,735		37,255
Harvey Norman Holdings, Ltd.	24,082		80,819
Healius, Ltd. (A)	30,121		25,994
Helia Group, Ltd.	18,245		46,486
Highfield Resources, Ltd. (A)	13,495		3,740
HUB24, Ltd.	3,277		90,514
Humm Group, Ltd.	28,676		9,330
Iluka Resources, Ltd.	3,755		17,649
Imdex, Ltd.	25,654		38,923
Immutep, Ltd. (A)	26,372		6,530
Infomedia, Ltd.	17,584		20,403
Inghams Group, Ltd.	20,588		48,165
Insignia Financial, Ltd.	34,787		57,165
Integral Diagnostics, Ltd.	13,604		19,961
Ioneer, Ltd. (A)(B)	61,614		6,422
IPH, Ltd.	10,647		43,762
IRESS, Ltd. (A)	7,892		42,635
IVE Group, Ltd.	11,452		16,270
Johns Lyng Group, Ltd.	11,815		49,369
Jumbo Interactive, Ltd.	2,253		25,176
Jupiter Mines, Ltd.	116,266		17,047
Karoon Energy, Ltd. (A)	44,459		62,804
Kelsian Group, Ltd.	8,073		30,386
Kogan.com, Ltd. (A)	1,950		10,026
Lendlease Corp., Ltd.	7,380		30,913
Lifestyle Communities, Ltd.	4,954		50,560
Lindsay Australia, Ltd.	20,704		15,040
Link Administration Holdings, Ltd.	18,547		26,964
Lovisa Holdings, Ltd.	3,846		83,622
Lycopodium, Ltd.	1,317		10,044
MA Financial Group, Ltd.	4,146		13,194
Macmahon Holdings, Ltd.	112,440		16,484

 

108

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

International Small Company Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Australia (continued)
Macquarie Technology Group, Ltd. (A)	246	$	12,757
Magellan Financial Group, Ltd.	5,757		37,093
Mayne Pharma Group, Ltd. (A)	4,957		23,378
McMillan Shakespeare, Ltd.	3,346		42,784
McPherson's, Ltd.	9,168		3,259
Megaport, Ltd. (A)	6,675		65,160
Mesoblast, Ltd. (A)	18,183		6,572
Metals X, Ltd. (A)	48,765		11,289
Metcash, Ltd.	40,787		103,949
Michael Hill International, Ltd.	16,629		7,587
MMA Offshore, Ltd. (A)	25,635		43,622
Monadelphous Group, Ltd.	5,646		52,158
Monash IVF Group, Ltd.	21,798		20,528
Mount Gibson Iron, Ltd. (A)	19,096		5,341
Myer Holdings, Ltd.	63,302		33,604
MyState, Ltd.	5,893		14,049
Nanosonics, Ltd. (A)	11,541		20,674
Navigator Global Investments, Ltd.	11,684		12,503
Netwealth Group, Ltd.	4,931		67,805
New Hope Corp., Ltd.	23,547		71,335
nib holdings, Ltd.	22,359		114,524
Nick Scali, Ltd.	2,648		26,566
Nickel Industries, Ltd.	57,059		30,095
Nine Entertainment Company Holdings, Ltd.	57,796		64,374
Novonix, Ltd. (A)(B)	10,082		5,628
NRW Holdings, Ltd.	25,786		49,197
Nufarm, Ltd.	21,032		75,408
Nuix, Ltd. (A)	10,473		15,216
Objective Corp., Ltd.	921		7,736
OceanaGold Corp.	38,000		85,844
OFX Group, Ltd. (A)	14,134		15,003
Omni Bridgeway, Ltd. (A)	15,737		15,526
oOh!media, Ltd.	31,712		36,779
Orora, Ltd.	63,721		112,919
Pacific Current Group, Ltd.	1,717		11,425
Paladin Energy, Ltd. (A)	171,791		153,060
Panoramic Resources, Ltd. (A)(C)	95,428		2,176
Pantoro, Ltd. (A)	102,069		4,200
Peet, Ltd.	13,800		10,832
PeopleIN, Ltd.	5,152		3,692
Perenti, Ltd.	35,432		22,627
Perpetual, Ltd.	4,587		74,975
Perseus Mining, Ltd.	68,083		95,471
PEXA Group, Ltd. (A)	4,479		39,545
Pinnacle Investment Management Group, Ltd.	5,460		41,341
Platinum Asset Management, Ltd.	22,136		15,582
Poseidon Nickel, Ltd. (A)	71,048		302
Praemium, Ltd. (A)	28,131		8,070
Premier Investments, Ltd.	4,406		94,191
Propel Funeral Partners, Ltd.	3,234		11,785
PSC Insurance Group, Ltd.	5,616		19,843
PWR Holdings, Ltd.	4,736		35,599
Ramelius Resources, Ltd.	38,707		46,982
ReadyTech Holdings, Ltd. (A)	4,809		10,501
Red 5, Ltd. (A)	165,165		40,961
Regis Healthcare, Ltd.	9,267		24,217
Regis Resources, Ltd. (A)	35,749		46,987
Resolute Mining, Ltd. (A)	88,090		24,707
Ridley Corp., Ltd.	19,540		31,718
RPMGlobal Holdings, Ltd. (A)	6,670		9,604
Sandfire Resources, Ltd. (A)	21,317		123,469
Select Harvests, Ltd. (A)	7,081		20,533
Servcorp, Ltd.	3,171		7,807

International Small Company Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Australia (continued)
Service Stream, Ltd.	27,275	$	22,226
Seven West Media, Ltd. (A)	85,038		10,529
SG Fleet Group, Ltd.	8,938		17,178
Sigma Healthcare, Ltd.	112,073		94,611
Silver Lake Resources, Ltd. (A)	48,508		39,221
Silver Mines, Ltd. (A)	80,735		8,938
Sims, Ltd.	7,974		66,067
SmartGroup Corp., Ltd.	8,029		50,840
SolGold PLC (A)	65,333		8,734
Solvar, Ltd.	9,936		6,940
Southern Cross Media Group, Ltd.	17,291		10,760
SRG Global, Ltd.	35,644		18,578
St. Barbara, Ltd. (A)	33,249		3,788
Strike Energy, Ltd. (A)(B)	118,299		20,026
Super Retail Group, Ltd.	7,649		80,267
Superloop, Ltd. (A)	22,967		20,199
Syrah Resources, Ltd. (A)	62,038		20,030
Tabcorp Holdings, Ltd.	93,926		46,219
Technology One, Ltd.	9,793		108,242
Temple & Webster Group, Ltd. (A)	5,814		49,725
Ten Sixty Four, Ltd. (A)(C)	8,127		3,019
Terracom, Ltd.	32,978		5,159
The Reject Shop, Ltd.	2,561		7,595
The Star Entertainment Group, Ltd. (A)	35,991		13,469
Tuas, Ltd. (A)	10,517		26,770
Tyro Payments, Ltd. (A)	10,423		6,986
Ventia Services Group Pty, Ltd.	27,017		67,800
Viva Energy Group, Ltd. (D)	45,487		109,753
Vulcan Energy Resources, Ltd. (A)(B)	3,849		7,198
Webjet, Ltd. (A)	16,369		94,123
West African Resources, Ltd. (A)	42,178		33,027
Westgold Resources, Ltd.	18,696		31,983
Whitehaven Coal, Ltd.	8,447		39,064
Zip Company, Ltd. (A)	18,285		16,551
			7,715,699
Austria - 1.4%
Addiko Bank AG (A)	668		12,936
Agrana Beteiligungs AG	724		10,936
ams AG (A)	44,522		51,574
ANDRITZ AG	2,533		157,874
AT&S Austria Technologie & Systemtechnik AG	1,188		24,787
BAWAG Group AG (A)(D)	3,380		213,926
CA Immobilien Anlagen AG	1,426		50,269
DO & Company AG	278		41,474
Eurotelesites AG (A)	1,109		4,433
EVN AG	2,014		53,226
Fabasoft AG	599		12,878
FACC AG (A)	1,116		7,658
IMMOFINANZ AG (A)	1,792		43,651
Kapsch TrafficCom AG (A)	191		1,751
Kontron AG	2,318		51,123
Lenzing AG (A)	566		19,560
Mayr Melnhof Karton AG	302		37,642
Oesterreichische Post AG	1,378		47,055
Palfinger AG	876		21,794
POLYTEC Holding AG	995		3,596
Porr AG	876		13,414
Raiffeisen Bank International AG	4,719		93,927
RHI Magnesita NV	552		24,565
Rosenbauer International AG (A)	174		5,290
Schoeller-Bleckmann Oilfield Equipment AG	710		33,932
Semperit AG Holding	822		10,874
Telekom Austria AG (A)	6,865		57,375

 

109

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

International Small Company Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Austria (continued)
UBM Development AG	411	$	8,331
UNIQA Insurance Group AG	3,329		28,754
Vienna Insurance Group AG	1,157		36,054
voestalpine AG	4,524		126,913
Wienerberger AG	4,676		170,328
Zumtobel Group AG	2,545		15,844
			1,493,744
Belgium - 1.5%
Ackermans & van Haaren NV	982		171,686
Ageas SA/NV	746		34,559
AGFA-Gevaert NV (A)	6,780		9,727
Atenor (B)	1,218		8,764
Azelis Group NV	898		18,968
Barco NV	3,257		53,667
Bekaert SA	1,389		71,222
Biocartis Group NV (A)(C)(D)	4,063		1,271
bpost SA (B)	4,236		15,831
Cie d'Entreprises CFE	416		3,212
Colruyt Group N.V	2,658		122,875
Deceuninck NV	2,515		6,120
Deme Group NV	416		66,553
Econocom Group SA/NV	6,435		14,741
Euronav NV	4,264		70,641
Euronav NV (New York Stock Exchange) (B)	2,324		38,648
EVS Broadcast Equipment SA	811		29,187
Fagron	2,712		51,670
Galapagos NV (A)	1,566		50,167
Gimv NV	1,093		52,508
Immobel SA (B)	209		6,541
Ion Beam Applications	1,305		18,443
Kinepolis Group NV	585		26,843
Lotus Bakeries NV	17		164,132
Melexis NV	863		69,887
Ontex Group NV (A)(B)	3,927		33,201
Orange Belgium SA (A)	417		6,167
Proximus SADP	6,084		49,203
Recticel SA (B)	2,296		27,075
Sipef NV	420		25,123
Solvay SA	2,641		72,077
Tessenderlo Group SA	1,111		29,066
Umicore SA	3,052		65,800
Van de Velde NV	377		13,838
VGP NV	618		70,737
Viohalco SA	7,173		43,268
X-Fab Silicon Foundries SE (A)(D)	3,484		26,358
			1,639,776
Bermuda - 0.2%
Hiscox, Ltd.	14,943		234,096
Cambodia - 0.0%
NagaCorp, Ltd. (A)	52,981		23,178
Canada - 10.4%
5N Plus, Inc. (A)	3,515		12,975
Acadian Timber Corp.	800		10,265
Advantage Energy, Ltd. (A)	9,000		65,645
Aecon Group, Inc.	3,200		40,185
Africa Oil Corp.	22,402		39,030
Ag Growth International, Inc.	1,100		49,829
AGF Management, Ltd., Class B	4,298		26,019
Aimia, Inc. (A)	7,777		14,698
AirBoss of America Corp.	1,500		6,589
Alamos Gold, Inc., Class A	13,672		201,565
Algoma Central Corp.	700		7,659
Altius Minerals Corp.	1,700		25,791

International Small Company Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Canada (continued)
Altus Group, Ltd.	2,318	$	88,781
Amerigo Resources, Ltd. (B)	13,502		15,450
Andlauer Healthcare Group, Inc.	1,218		38,189
Andrew Peller, Ltd., Class A (B)	2,300		6,775
Aritzia, Inc. (A)	3,145		86,835
Ascot Resources, Ltd. (A)	13,700		7,586
Atco, Ltd., Class I	2,918		81,236
Athabasca Oil Corp. (A)	35,674		137,739
ATS Corp. (A)	4,247		142,910
AutoCanada, Inc. (A)(B)	1,985		39,391
B2Gold Corp.	52,751		138,250
B2Gold Corp. (NYSE American Exchange)	5,393		14,076
Badger Infrastructure Solutions, Ltd.	1,832		67,894
Ballard Power Systems, Inc. (A)(B)	9,718		27,047
Bausch Health Companies, Inc. (New York Stock Exchange) (A)	12,400		131,365
Baytex Energy Corp. (B)	5,374		19,400
Birch Mountain Resources, Ltd. (A)(C)	9,200		1
Birchcliff Energy, Ltd.	11,933		47,043
Bird Construction, Inc.	4,995		68,736
Black Diamond Group, Ltd.	2,750		18,170
BlackBerry, Ltd. (A)(B)	17,634		48,298
BMTC Group, Inc.	500		5,485
Bombardier, Inc., Class B (A)	3,969		170,387
Boralex, Inc., Class A	4,010		84,726
Boyd Group Services, Inc.	860		181,835
Calian Group, Ltd.	605		25,369
Calibre Mining Corp. (A)	11,500		14,178
Canaccord Genuity Group, Inc. (B)	5,281		34,699
Canacol Energy, Ltd. (B)	1,513		5,138
Canada Goose Holdings, Inc. (A)(B)	2,213		26,679
Canadian Western Bank	5,015		104,406
Canfor Corp. (A)	2,404		30,366
Canfor Pulp Products, Inc. (A)(B)	2,715		3,387
Capital Power Corp.	6,027		170,013
Capstone Copper Corp. (A)	29,467		187,520
Cardinal Energy, Ltd. (B)	5,530		28,904
Cascades, Inc.	4,523		33,024
Celestica, Inc. (A)	4,197		188,571
Celestica, Inc. (New York Stock Exchange) (A)	3,200		143,808
Centerra Gold, Inc.	9,077		53,609
CES Energy Solutions Corp.	18,429		64,081
China Gold International Resources Corp., Ltd.	18,050		115,132
CI Financial Corp.	6,700		85,670
Cineplex, Inc. (A)	1,227		6,676
Cogeco Communications, Inc.	563		24,971
Cogeco, Inc.	445		18,693
Colliers International Group, Inc.	980		119,788
Computer Modelling Group, Ltd.	4,420		33,185
Corby Spirit and Wine, Ltd. (B)	700		6,661
Corus Entertainment, Inc., B Shares	11,806		6,363
Crescent Point Energy Corp.	5,319		43,509
Crescent Point Energy Corp. (New York Stock Exchange)	14,026		114,873
Crew Energy, Inc. (A)(B)	8,100		27,806
Cronos Group, Inc. (A)	5,470		14,336
Cronos Group, Inc. (Nasdaq Exchange) (A)	7,260		18,949
Definity Financial Corp.	1,428		45,479
Denison Mines Corp. (A)	23,898		46,753
Dexterra Group, Inc.	1,621		6,642
Doman Building Materials Group, Ltd.	3,600		21,953

 

110

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

International Small Company Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Canada (continued)
Dorel Industries, Inc., Class B (A)	1,800	$	9,196
DREAM Unlimited Corp., Class A	1,350		19,325
Dundee Precious Metals, Inc.	7,687		58,452
Dye & Durham, Ltd.	2,990		34,700
E-L Financial Corp., Ltd.	100		80,395
Eldorado Gold Corp. (A)	10,368		145,736
Endeavour Silver Corp. (A)	6,945		16,715
Enerflex, Ltd. (B)	6,400		37,232
Enerplus Corp.	10,813		212,420
Enghouse Systems, Ltd.	1,800		40,570
Ensign Energy Services, Inc. (A)(B)	9,800		18,738
EQB, Inc.	1,392		87,299
Equinox Gold Corp. (A)	12,552		75,708
ERO Copper Corp. (A)	2,900		55,921
Evertz Technologies, Ltd.	1,900		20,788
Exchange Income Corp.	568		20,761
Exco Technologies, Ltd.	1,500		8,217
Extendicare, Inc. (B)	6,230		35,093
Fiera Capital Corp. (B)	5,935		36,191
Finning International, Inc.	7,281		213,987
Firm Capital Mortgage Investment Corp.	1,100		9,306
First Majestic Silver Corp.	9,281		54,471
First Majestic Silver Corp. (New York Stock Exchange)	1,582		9,302
First Mining Gold Corp. (A)(B)	39,000		3,455
First National Financial Corp.	700		19,441
Fission Uranium Corp. (A)	19,500		13,964
Fortuna Silver Mines, Inc. (A)	14,300		53,102
Freehold Royalties, Ltd. (B)	5,429		58,476
Frontera Energy Corp. (A)	2,200		13,432
Galiano Gold, Inc. (A)	6,600		9,160
Gamehost, Inc.	100		730
GDI Integrated Facility Services, Inc. (A)	300		8,684
Gibson Energy, Inc.	7,506		127,783
goeasy, Ltd.	372		43,773
GoGold Resources, Inc. (A)	5,300		4,813
Gran Tierra Energy, Inc. (A)(B)	2,516		17,999
Guardian Capital Group, Ltd., Class A	1,100		38,801
Hammond Power Solutions, Inc.	400		42,819
Hanfeng Evergreen, Inc. (A)(C)	200		0
Headwater Exploration, Inc.	9,290		52,604
Heroux-Devtek, Inc. (A)	2,700		36,258
High Liner Foods, Inc. (B)	1,773		17,736
HLS Therapeutics, Inc.	700		2,067
Hudbay Minerals, Inc.	13,410		93,852
IAMGOLD Corp. (A)	24,627		82,178
Imperial Metals Corp. (A)(B)	5,060		8,031
Information Services Corp.	800		16,354
Innergex Renewable Energy, Inc.	1,063		6,270
Interfor Corp. (A)	2,920		45,615
International Petroleum Corp. (A)(B)	337		3,993
International Petroleum Corp. (Nasdaq Stockholm Exchange) (A)	3,496		41,765
International Tower Hill Mines, Ltd. (A)	2,300		1,528
Jamieson Wellness, Inc. (D)	2,200		43,300
K92 Mining, Inc. (A)	4,411		20,516
KAB Distribution, Inc. (A)(C)	7,076		0
Karora Resources, Inc. (A)(B)	4,800		18,002
K-Bro Linen, Inc.	600		15,543
Kelt Exploration, Ltd. (A)	10,445		46,652
Knight Therapeutics, Inc. (A)	5,400		21,129
Labrador Iron Ore Royalty Corp. (B)	2,318		49,421
Largo, Inc. (A)	780		1,284
Lassonde Industries, Inc., Class A	200		21,964
Laurentian Bank of Canada	1,514		31,318

International Small Company Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Canada (continued)
Leon's Furniture, Ltd.	1,883	$	31,403
Lightspeed Commerce, Inc. (A)	5,593		78,658
Linamar Corp.	1,966		104,501
Lucara Diamond Corp. (A)	25,184		5,857
Lundin Gold, Inc.	4,258		59,852
Magellan Aerospace Corp.	900		5,295
Mainstreet Equity Corp.	400		55,490
Major Drilling Group International, Inc. (A)	4,513		29,986
Manitok Energy, Inc. (A)(C)	16		0
Maple Leaf Foods, Inc.	4,140		67,882
Martinrea International, Inc.	4,603		41,322
Mattr Corp. (A)	4,173		54,714
MDA, Ltd. (A)	4,887		53,071
Medical Facilities Corp.	2,104		16,076
MEG Energy Corp. (A)	1,448		33,246
Melcor Developments, Ltd.	1,000		8,483
Methanex Corp.	3,089		137,672
Morguard Corp.	400		34,946
MTY Food Group, Inc.	742		28,008
Mullen Group, Ltd.	3,682		39,469
New Gold, Inc. (A)	34,515		58,096
NFI Group, Inc. (A)(B)	2,960		28,124
North American Construction Group, Ltd.	2,100		46,696
Northland Power, Inc.	642		10,489
Nuvei Corp. (D)	1,646		52,033
NuVista Energy, Ltd. (A)	9,305		81,609
Onex Corp.	878		65,771
Organigram Holdings, Inc. (A)	2,232		4,762
Orla Mining, Ltd. (A)(B)	11,140		42,190
Osisko Gold Royalties, Ltd.	8,372		137,396
Osisko Mining, Inc. (A)	12,850		26,373
Paramount Resources, Ltd., Class A (B)	4,073		82,660
Parex Resources, Inc.	5,516		88,122
Park Lawn Corp.	1,792		22,093
Parkland Corp.	6,019		191,694
Pason Systems, Inc.	3,936		45,446
Peyto Exploration & Development Corp. (B)	8,697		95,859
PHX Energy Services Corp.	2,600		17,352
Pine Cliff Energy, Ltd. (B)	11,000		8,121
Pizza Pizza Royalty Corp.	1,729		17,640
Polaris Renewable Energy, Inc.	1,500		12,923
Pollard Banknote, Ltd.	1,000		26,400
PrairieSky Royalty, Ltd. (B)	11,227		219,890
Precision Drilling Corp. (A)	382		25,700
Premium Brands Holdings Corp. (B)	2,000		130,671
Quarterhill, Inc. (A)	9,800		13,529
Questerre Energy Corp., Class A (A)	19,444		3,086
Real Matters, Inc. (A)	3,500		15,813
RF Capital Group, Inc. (A)	185		987
Richelieu Hardware, Ltd.	2,000		62,899
Rogers Sugar, Inc.	6,474		25,474
Russel Metals, Inc.	2,746		91,368
Savaria Corp. (B)	2,300		28,458
Seabridge Gold, Inc. (A)	2,830		42,788
Secure Energy Services, Inc.	13,477		110,936
Sienna Senior Living, Inc.	3,606		35,726
SilverCrest Metals, Inc. (A)	1,680		11,200
Sleep Country Canada Holdings, Inc. (D)	2,113		46,657
SNC-Lavalin Group, Inc.	4,622		189,036
Spartan Delta Corp. (B)	1,796		5,025
Spin Master Corp. (D)	1,400		35,823
Sprott, Inc.	1,329		49,037

 

111

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

International Small Company Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Canada (continued)
Stelco Holdings, Inc. (B)	1,675	$	55,238
Stella-Jones, Inc.	3,178		185,347
Superior Plus Corp.	7,557		56,292
Surge Energy, Inc.	2,103		11,970
Tamarack Valley Energy, Ltd.	13,985		39,646
Taseko Mines, Ltd. (A)	16,100		34,588
Tecsys, Inc.	609		17,345
TELUS Corp.	1,407		22,509
TerraVest Industries, Inc.	600		26,577
The North West Company, Inc.	2,706		78,410
Tidewater Midstream and Infrastructure, Ltd. (B)	6,650		4,173
Tilray Brands, Inc. (A)	114		280
Timbercreek Financial Corp.	6,000		34,240
TLC Vision Corp. (A)(C)	3,400		0
Torex Gold Resources, Inc. (A)	5,460		80,375
Total Energy Services, Inc.	3,132		23,538
TransAlta Corp.	9,482		60,831
Transcontinental, Inc., Class A	4,783		51,942
Trevali Mining Corp. (A)(C)	3,713		253
Trican Well Service, Ltd.	16,409		50,273
Tricon Residential, Inc.	9,919		110,573
Triple Flag Precious Metals Corp.	828		11,963
Trisura Group, Ltd. (A)	2,500		76,871
Vecima Networks, Inc.	479		7,037
Vermilion Energy, Inc.	6,400		79,566
Wajax Corp.	1,300		31,441
Wesdome Gold Mines, Ltd. (A)	7,800		58,102
Western Copper & Gold Corp. (A)	5,400		8,252
Western Forest Products, Inc. (B)	25,850		12,023
Westshore Terminals Investment Corp.	2,189		41,403
Whitecap Resources, Inc.	19,495		147,520
Winpak, Ltd.	1,177		35,226
Yellow Pages, Ltd.	140		1,019
Zenith Capital Corp. (A)	1,700		255
			11,120,342
China - 0.0%
AustAsia Group, Ltd. (A)	4,540		732
Fosun Tourism Group (A)(B)(D)	11,400		5,189
			5,921
Denmark - 2.6%
ALK-Abello A/S (A)	6,021		108,598
Alm Brand A/S	33,083		63,078
Amagerbanken A/S (A)(C)	25,580		0
Ambu A/S, Class B (A)	6,585		108,376
Bang & Olufsen A/S (A)(B)	7,788		10,507
Bavarian Nordic A/S (A)	2,225		49,843
Better Collective A/S (A)	2,021		54,278
Cadeler A/S (A)	2,970		14,549
CBrain A/S	389		21,283
Chemometec A/S (B)	801		49,338
Columbus A/S	6,187		7,186
D/S Norden A/S	890		36,374
Dfds A/S	1,767		51,367
FLSmidth & Company A/S	2,796		139,676
GN Store Nord A/S (A)	5,046		133,461
H Lundbeck A/S	12,897		62,118
H+H International A/S, Class B (A)	1,146		11,587
ISS A/S	7,129		129,882
Jeudan A/S	380		12,125
Jyske Bank A/S	1,958		165,854
Lan & Spar Bank A/S	198		20,061
Matas A/S	2,910		49,333
Netcompany Group A/S (A)(B)(D)	880		36,375
Nilfisk Holding A/S (A)	1,220		25,000

International Small Company Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Denmark (continued)
NKT A/S (A)	2,513	$	207,894
NNIT A/S (A)(D)	479		7,502
NTG Nordic Transport Group A/S (A)(B)	635		25,888
Per Aarsleff Holding A/S	883		44,067
Ringkjoebing Landbobank A/S	1,156		202,686
ROCKWOOL A/S, A Shares	130		42,411
ROCKWOOL A/S, B Shares	213		70,082
Royal Unibrew A/S	2,134		141,204
Scandinavian Tobacco Group A/S (D)	3,178		56,841
Schouw & Company A/S	666		51,333
Solar A/S, B Shares	410		19,765
SP Group A/S	368		11,564
Spar Nord Bank A/S	3,586		59,854
Sparekassen Sjaelland-Fyn A/S	1,012		31,219
Sydbank A/S	2,697		139,818
TCM Group A/S (A)	507		3,767
Tivoli A/S	102		10,888
Topdanmark A/S	1,997		85,336
UIE PLC	1,280		40,343
Vestjysk Bank A/S	22,473		15,035
Zealand Pharma A/S (A)	1,618		160,263
			2,788,009
Finland - 2.0%
Aktia Bank OYJ	3,501		37,837
Alma Media OYJ	1,962		20,873
Bittium OYJ	2,708		15,833
Cargotec OYJ, B Shares	1,564		109,049
Citycon OYJ (A)	4,136		17,069
Elisa OYJ	245		10,923
Enento Group OYJ (D)	860		16,007
EQ OYJ	483		7,129
Finnair OYJ (A)	6,510		20,595
Fiskars OYJ ABP	2,196		40,675
F-Secure OYJ	7,159		14,481
Harvia OYJ	846		34,966
HKScan OYJ, A Shares (A)	316		233
Huhtamaki OYJ	3,864		161,828
Kamux Corp.	1,688		10,567
Kemira OYJ	4,940		93,386
Kesko OYJ, B Shares	3,987		74,533
Kojamo OYJ (A)	4,092		48,494
Konecranes OYJ	2,713		140,822
Lassila & Tikanoja OYJ	1,929		18,307
Lindex Group OYJ (A)	3,912		13,647
Marimekko OYJ	1,923		25,786
Metsa Board OYJ, B Shares	6,636		50,274
Nokian Renkaat OYJ	4,287		40,382
Olvi OYJ, A Shares	721		23,962
Oma Saastopankki OYJ	490		10,570
Oriola OYJ, B Shares	9,290		10,182
Orion OYJ, Class A	711		26,523
Orion OYJ, Class B	3,859		143,852
Outokumpu OYJ	11,396		49,573
Pihlajalinna OYJ (A)	1,193		9,784
Ponsse OYJ	543		13,834
Puuilo OYJ	2,737		29,263
QT Group OYJ (A)	770		63,546
Raisio OYJ, V Shares	8,267		18,283
Rapala VMC OYJ (A)	908		2,694
Revenio Group OYJ	1,101		30,252
Sanoma OYJ	2,692		19,761
Taaleri OYJ	956		10,669
Talenom OYJ	637		4,079
Terveystalo OYJ (D)	4,887		39,736
TietoEVRY OYJ	3,237		68,497

 

112

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

International Small Company Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Finland (continued)
Tokmanni Group Corp.	2,438	$	39,926
Vaisala OYJ, A Shares	952		38,951
Valmet OYJ	5,558		146,311
Verkkokauppa.com OYJ (A)	1,047		2,674
Wartsila OYJ ABP	18,553		281,961
WithSecure OYJ (A)	7,159		8,209
YIT OYJ	8,449		17,736
			2,134,524
France - 4.6%
ABC arbitrage	2,016		8,331
AKWEL SADIR	725		11,501
ALD SA (D)	5,832		41,230
Altamir	752		19,912
Alten SA	1,325		193,380
Arkema SA	372		39,164
Atos SE (A)(B)	2,440		4,975
Axway Software SA	531		15,072
Bastide le Confort Medical (A)	256		3,892
Beneteau SACA	2,839		41,839
Bigben Interactive (A)	1,198		3,617
Boiron SA	274		9,944
Bonduelle SCA	1,027		8,326
Catana Group	1,588		8,050
Cegedim SA (A)	495		6,934
CGG SA (A)	42,425		18,384
Cie des Alpes	998		14,533
Cie Plastic Omnium SE	2,278		29,665
Claranova SE (A)(B)	1,250		3,487
Clariane SE (B)	3,776		5,998
Coface SA	5,334		84,317
DBV Technologies SA (A)(B)	1,786		2,565
Derichebourg SA	6,625		31,486
Ekinops SAS (A)	1,302		5,242
Electricite de Strasbourg SA	31		3,830
Elior Group SA (A)(D)	8,308		22,211
Elis SA	9,226		209,693
Equasens	290		16,045
Eramet SA (B)	565		42,918
Etablissements Maurel et Prom SA	6,372		38,532
Eurazeo SE	1,837		160,967
Eutelsat Communications SACA (A)(B)	6,192		26,984
Exclusive Networks SA (A)	708		16,797
Exel Industries, A Shares	89		5,362
Fnac Darty SA	1,099		34,434
Forvia SE	7,066		107,060
Gaztransport Et Technigaz SA	1,746		261,049
Groupe Crit SA	163		12,629
Guerbet	326		11,553
Haulotte Group SA (A)	962		2,471
ID Logistics Group SACA (A)	176		67,150
Imerys SA	1,845		62,854
Infotel SA	348		17,636
Interparfums SA	270		15,212
IPSOS SA	2,027		142,903
Jacquet Metals SACA	1,024		20,364
JCDecaux SE (A)	1,836		35,640
Kaufman & Broad SA	901		26,269
La Francaise des Jeux SAEM (D)	2,587		105,440
Laurent-Perrier	110		14,297
Lectra	297		10,365
LISI SA	419		10,692
LNA Sante SA	166		3,660
Lumibird (A)	632		8,951
Maisons du Monde SA (D)	1,925		9,018
Manitou BF SA	880		24,092

International Small Company Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
France (continued)
Mersen SA	1,369	$	53,906
Metropole Television SA	1,324		19,737
Nacon SA (A)	446		617
Neoen SA (D)	2,310		65,395
Nexans SA	1,314		137,368
Nexity SA (B)	1,974		20,186
NRJ Group	782		6,631
OVH Groupe SAS (A)	146		1,524
Pierre Et Vacances SA (A)	10,785		14,913
Plastivaloire (A)	383		1,148
Quadient SA	2,171		44,649
Rexel SA	7,172		193,737
Robertet SA	12		10,330
Rubis SCA	3,866		136,494
Samse SA	48		9,546
Savencia SA	372		20,550
SCOR SE	6,971		241,320
SEB SA	1,048		134,084
Seche Environnement SACA	126		15,393
SMCP SA (A)(D)	1,921		4,830
Societe BIC SA	1,252		89,463
Societe LDC SADIR	212		31,081
SOITEC (A)	623		64,334
Sopra Steria Group	690		167,217
SPIE SA	5,882		221,108
Stef SA	202		29,717
Synergie SE	557		19,166
Technip Energies NV	6,139		155,300
Teleperformance SE	1,034		100,438
Television Francaise 1 SA	3,803		34,738
Thermador Groupe	453		43,178
Tikehau Capital SCA	1,575		34,581
Trigano SA	463		81,437
Ubisoft Entertainment SA (A)	4,551		95,726
Valeo SE	8,798		109,996
Vallourec SACA (A)	6,761		125,583
Vantiva SA (A)(B)	9,713		1,465
Verallia SA (D)	3,490		135,688
Vicat SACA	1,201		47,375
Virbac SACA	71		26,533
Voltalia SA (A)	1,403		9,927
Wavestone	331		20,041
			4,935,372
Gabon - 0.0%
Totalenergies EP Gabon	20		3,620
Georgia - 0.1%
Georgia Capital PLC (A)	1,145		19,170
TBC Bank Group PLC	1,831		74,276
			93,446
Germany - 5.6%
1&1 AG	2,192		37,837
7C Solarparken AG (B)	3,282		11,012
Adesso SE (B)	207		24,380
Adtran Networks SE (A)	804		17,313
All for One Group SE	130		8,166
Allgeier SE	498		10,778
Amadeus Fire AG	264		34,200
Atoss Software AG	218		64,449
Aurubis AG	1,560		109,717
Auto1 Group SE (A)(B)(D)	3,943		18,618
Basler AG	486		5,665
BayWa AG	669		18,158
Bechtle AG	3,835		202,697
Bertrandt AG	394		19,397

 

113

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

International Small Company Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Germany (continued)
Bijou Brigitte AG	340	$	13,986
Bilfinger SE	1,781		83,184
Borussia Dortmund GmbH & Company KGaA (A)(B)	4,276		15,461
BRANICKS Group AG (A)(B)	3,005		4,610
CANCOM SE (B)	1,316		39,247
CECONOMY AG (A)	8,144		16,335
CENIT AG	446		6,035
Cewe Stiftung & Company KGAA	268		29,730
CompuGroup Medical SE & Company KGaA	1,368		42,100
CTS Eventim AG & Company KGaA	2,897		257,581
Delivery Hero SE (A)(D)	588		16,814
Dermapharm Holding SE	849		29,907
Deutsche Beteiligungs AG	1,067		29,676
Deutsche Pfandbriefbank AG (B)(D)	6,014		32,108
Deutz AG	3,432		21,779
Dr. Hoenle AG (A)	420		8,758
Draegerwerk AG & Company KGaA	82		4,011
Duerr AG	2,868		66,273
DWS Group GmbH & Company KGaA (D)	1,480		65,171
Eckert & Ziegler SE	808		32,686
Elmos Semiconductor SE	454		36,189
ElringKlinger AG	2,576		16,877
Encavis AG (A)	5,880		106,875
Energiekontor AG	454		31,373
Evotec SE (A)	1,508		23,503
Fielmann Group AG	1,241		57,010
flatexDEGIRO AG (A)	4,048		45,348
Fraport AG Frankfurt Airport Services Worldwide (A)	2,067		108,938
Freenet AG	5,773		162,463
Friedrich Vorwerk Group SE	1,234		20,825
FUCHS SE	1,805		70,885
GEA Group AG	7,309		309,028
Gerresheimer AG	1,792		201,730
GFT Technologies SE	961		27,966
GRENKE AG	983		25,676
H&R GmbH & Company KGaA	1,324		6,947
Hamburger Hafen und Logistik AG (A)	1,330		23,793
Heidelberger Druckmaschinen AG (A)	18,003		20,200
HelloFresh SE (A)	6,865		48,967
Hensoldt AG	2,082		97,695
HOCHTIEF AG	1,110		128,986
Hornbach Holding AG & Company KGaA	497		39,927
HUGO BOSS AG	2,702		159,253
Indus Holding AG	975		27,924
Init Innovation in Traffic Systems SE	364		14,312
Instone Real Estate Group SE (D)	2,299		22,141
IVU Traffic Technologies AG	665		11,410
Jenoptik AG	2,990		92,881
JOST Werke SE (D)	517		26,567
K+S AG (B)	7,752		120,979
KION Group AG	2,944		154,866
Knaus Tabbert AG	203		9,753
Koenig & Bauer AG (A)(B)	912		12,306
Krones AG	775		102,597
KWS Saat SE & Company KGaA (B)	556		29,729
LANXESS AG	2,223		59,500
LEG Immobilien SE (A)	3,424		294,100
Leifheit AG	437		6,978
Manz AG (A)	233		2,521
Medigene AG (A)	760		1,728

International Small Company Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Germany (continued)
Medios AG (A)	842	$	14,895
METRO AG (B)	6,195		33,710
MLP SE	5,864		35,462
Mutares SE & Company KGaA	663		26,404
Nagarro SE (A)	394		33,888
New Work SE	128		9,298
Norma Group SE	1,576		29,254
OHB SE (A)	399		18,877
PATRIZIA SE (B)	2,719		25,262
PNE AG (B)	805		11,640
ProSiebenSat.1 Media SE (B)	5,491		38,563
Puma SE	686		31,046
PVA TePla AG (A)	1,420		28,763
Rational AG	54		46,526
SAF-Holland SE	1,157		23,584
Salzgitter AG	1,529		39,938
Scout24 SE (D)	183		13,787
Secunet Security Networks AG	141		24,407
SGL Carbon SE (A)(B)	3,072		23,049
Siltronic AG (B)	981		87,040
Sirius Real Estate, Ltd.	60,557		74,866
Sixt SE (B)	733		73,082
SMA Solar Technology AG (A)	839		48,448
Stabilus SE	1,440		91,692
Stroeer SE & Company KGaA	1,746		106,271
Suedzucker AG	2,959		42,417
SUESS MicroTec SE	1,803		71,081
Synlab AG	1,768		20,887
TAG Immobilien AG (A)	10,818		147,851
Takkt AG	1,848		26,679
TeamViewer SE (A)(D)	6,009		89,548
Technotrans SE	530		10,360
thyssenkrupp AG	22,583		121,145
United Internet AG	3,347		75,322
Verbio SE	1,012		23,006
Vossloh AG	859		42,332
Wacker Chemie AG	591		66,661
Wacker Neuson SE	2,039		37,749
Washtec AG (B)	611		25,998
Westwing Group SE (A)	385		3,289
Wuestenrot & Wuerttembergische AG	1,566		22,494
Zeal Network SE (B)	461		17,164
			5,992,320
Greece - 0.0%
Alapis Holding Industrial and Commercial SA of Pharmaceutical Chemical Products (A)(C)	3,303		66
Okeanis Eco Tankers Corp. (A)(D)	733		21,705
TT Hellenic Postbank SA (A)(C)	12,594		0
			21,771
Guernsey, Channel Islands - 0.0%
Raven Property Group, Ltd. (A)(C)	4,994		144
Hong Kong - 1.8%
3D-Gold Jewellery Holdings, Ltd. (A)(C)	90,000		0
APAC Resources, Ltd.	20,467		2,510
Apollo Future Mobility Group, Ltd. (A)	2,800		182
Asia Financial Holdings, Ltd.	14,000		6,051
ASMPT, Ltd.	10,600		133,342
Associated International Hotels, Ltd.	28,000		19,678
Brightoil Petroleum Holdings, Ltd. (A)(C)	117,000		0
Burwill Holdings, Ltd. (A)(C)	292,000		0
Cafe de Coral Holdings, Ltd.	18,000		18,441
Chen Hsong Holdings	10,000		1,726

 

114

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

International Small Company Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Hong Kong (continued)
Cheuk Nang Holdings, Ltd.	3,708	$	806
China Energy Development Holdings, Ltd. (A)	634,000		6,717
China Solar Energy Holdings, Ltd. (A)(C)	42,500		0
Chinese Estates Holdings, Ltd. (A)	22,000		2,841
Chow Sang Sang Holdings International, Ltd.	22,000		23,354
Chuang's Consortium International, Ltd. (A)	30,948		1,662
CITIC Telecom International Holdings, Ltd.	59,000		19,076
C-MER Eye Care Holdings, Ltd. (A)	18,000		6,514
Cowell e Holdings, Inc. (A)(B)	8,000		19,166
Crystal International Group, Ltd. (D)	19,000		7,772
CSC Holdings, Ltd. (A)	885,000		3,162
CSI Properties, Ltd.	245,066		3,196
Dah Sing Banking Group, Ltd.	18,000		12,817
Dah Sing Financial Holdings, Ltd.	6,520		14,986
Dynamic Holdings, Ltd.	8,000		7,472
EC Healthcare	13,000		2,180
EganaGoldpfeil Holdings, Ltd. (A)(C)	103,373		0
Emperor International Holdings, Ltd.	97,333		4,917
Esprit Holdings, Ltd. (A)	176,850		2,579
Fairwood Holdings, Ltd.	3,500		3,605
Far East Consortium International, Ltd.	98,508		12,842
First Pacific Company, Ltd.	112,000		56,428
Giordano International, Ltd.	82,000		21,582
Gold-Finance Holdings, Ltd. (A)(C)	62,000		0
GR Life Style Company, Ltd. (A)	82,000		3,200
Great Eagle Holdings, Ltd.	10,516		14,761
G-Resources Group, Ltd.	33,580		10,378
Guotai Junan International Holdings, Ltd.	207,000		14,043
Hang Lung Group, Ltd.	31,000		35,708
Hang Lung Properties, Ltd.	13,000		13,369
Hanison Construction Holdings, Ltd.	27,441		2,174
Hao Tian International Construction Investment Group, Ltd. (A)(B)	160,000		17,874
Harbour Centre Development, Ltd. (A)	38,000		28,914
HKBN, Ltd.	36,000		13,480
HKR International, Ltd.	51,920		8,493
Hong Kong Ferry Holdings Company, Ltd.	29,000		16,606
Hong Kong Technology Venture Company, Ltd. (A)(B)	28,000		5,836
Hongkong Chinese, Ltd. (A)	66,000		2,531
Hsin Chong Group Holdings, Ltd. (A)(C)	170,000		0
Hutchison Port Holdings Trust	161,400		20,313
Hutchison Telecommunications Hong Kong Holdings, Ltd.	80,000		10,326
Hysan Development Company, Ltd.	25,000		40,335
Johnson Electric Holdings, Ltd.	21,193		29,378
K Wah International Holdings, Ltd.	80,000		18,308
Kerry Logistics Network, Ltd.	16,500		17,997
Kerry Properties, Ltd.	23,500		43,051
Kowloon Development Company, Ltd.	22,000		13,521
Lai Sun Development Company, Ltd. (A)	22,980		1,794
Langham Hospitality Investments, Ltd.	22,500		1,641
Lippo China Resources, Ltd. (A)	3,600		484
Liu Chong Hing Investment, Ltd.	16,000		9,857
Luk Fook Holdings International, Ltd.	15,000		41,120
Man Wah Holdings, Ltd.	61,600		43,534
Mandarin Oriental International, Ltd.	8,000		12,230
MH Development, Ltd. (A)(C)	16,000		0
Midland Holdings, Ltd. (A)	34,734		4,356

International Small Company Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Hong Kong (continued)
Miramar Hotel & Investment	15,000	$	19,135
Modern Dental Group, Ltd.	20,000		10,492
New World Development Company, Ltd.	38,000		40,177
NewOcean Energy Holdings, Ltd. (A)(C)	66,000		296
Nissin Foods Company, Ltd.	22,000		13,917
NWS Holdings, Ltd.	64,000		53,172
Oriental Watch Holdings	18,000		8,235
Oshidori International Holdings, Ltd. (A)	204,000		4,964
Pacific Andes International Holdings, Ltd. (A)(C)	328,006		0
Pacific Basin Shipping, Ltd.	239,000		69,204
Pacific Century Premium Developments, Ltd. (A)	2,376		57
Pacific Textiles Holdings, Ltd.	42,000		6,763
Paliburg Holdings, Ltd. (A)	46,000		4,880
PC Partner Group, Ltd.	12,000		4,465
PCCW, Ltd.	156,590		77,462
Peace Mark Holdings, Ltd. (A)(C)	164,000		0
Perfect Medical Health Management, Ltd.	32,000		13,095
Pico Far East Holdings, Ltd.	60,000		12,731
Public Financial Holdings, Ltd.	24,000		3,802
Realord Group Holdings, Ltd. (A)(B)	6,000		4,186
Regal Hotels International Holdings, Ltd. (A)	36,000		12,161
Regina Miracle International Holdings, Ltd. (D)	17,000		4,303
Shangri-La Asia, Ltd. (A)	46,000		28,825
Shun Tak Holdings, Ltd. (A)	80,250		7,699
Singamas Container Holdings, Ltd.	114,000		8,155
SITC International Holdings Company, Ltd.	23,000		42,050
SJM Holdings, Ltd. (A)(B)	118,750		36,301
SmarTone Telecommunications Holdings, Ltd.	31,500		15,414
Solomon Systech International, Ltd. (A)	72,000		2,579
South China Holdings Company, Ltd. (A)	640,000		4,017
Stella International Holdings, Ltd.	20,000		31,872
Sun Hung Kai & Company, Ltd.	45,000		13,809
SUNeVision Holdings, Ltd.	31,000		10,108
Tao Heung Holdings, Ltd.	14,000		1,305
Television Broadcasts, Ltd. (A)	19,100		7,528
Texhong International Group, Ltd. (A)	11,000		6,023
Texwinca Holdings, Ltd.	60,000		5,600
The Bank of East Asia, Ltd.	33,715		40,173
The Hongkong & Shanghai Hotels, Ltd. (A)	31,903		24,281
Theme International Holdings, Ltd. (A)	130,000		10,309
Town Health International Medical Group, Ltd.	261,361		9,855
Tradelink Electronic Commerce, Ltd.	50,000		5,808
Transport International Holdings, Ltd.	12,312		14,152
United Laboratories International Holdings, Ltd.	42,000		48,118
Upbest Group, Ltd.	164,000		14,423
Value Partners Group, Ltd.	40,000		9,156
Vitasoy International Holdings, Ltd.	34,000		29,162
Vobile Group, Ltd. (A)	73,000		15,046
VSTECS Holdings, Ltd.	47,200		25,290
VTech Holdings, Ltd.	6,900		41,851
Wai Kee Holdings, Ltd. (A)	24,000		2,796
Wealthink AI-Innovation Capital, Ltd. (A)	32,000		546
Wing On Company International, Ltd.	4,000		6,127

 

115

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

International Small Company Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Hong Kong (continued)
Wing Tai Properties, Ltd.	70,000	$	19,512
Xinyi Glass Holdings, Ltd.	45,000		47,755
Yue Yuen Industrial Holdings, Ltd.	30,000		42,163
Yunfeng Financial Group, Ltd. (A)	26,000		2,500
Zensun Enterprises, Ltd. (A)	21,000		887
Zhaobangji Lifestyle Holdings, Ltd. (A)	88,000		2,047
			1,907,955
Ireland - 0.5%
C&C Group PLC	17,690		36,505
Cairn Homes PLC	24,718		42,570
COSMO Pharmaceuticals NV	560		44,234
Dalata Hotel Group PLC	6,155		29,919
FBD Holdings PLC	1,936		27,579
Glanbia PLC	6,256		123,397
Glenveagh Properties PLC (A)(D)	24,326		32,844
Grafton Group PLC, CHESS Depositary Interest	9,527		120,443
Greencore Group PLC (A)	23,830		35,833
Irish Continental Group PLC	5,309		27,720
Permanent TSB Group Holdings PLC (A)	5,786		8,573
			529,617
Isle of Man - 0.1%
Playtech PLC (A)	11,001		64,031
Strix Group PLC	6,042		5,231
			69,262
Israel - 1.3%
Adgar Investment and Development, Ltd. (A)	4,535		6,199
AFI Properties, Ltd. (A)	603		27,738
Africa Israel Residences, Ltd.	355		23,708
Airport City, Ltd. (A)	1		10
Allot, Ltd. (A)	2,103		4,655
Alrov Properties and Lodgings, Ltd.	399		16,725
Arad, Ltd.	787		11,147
Ashdod Refinery, Ltd.	345		8,212
AudioCodes, Ltd.	1,269		16,548
Aura Investments, Ltd.	10,003		42,162
Automatic Bank Services, Ltd.	1,109		4,427
Azorim-Investment Development & Construction Company, Ltd. (A)	3,848		19,754
Bet Shemesh Engines Holdings 1997, Ltd.	358		14,355
BioLine RX, Ltd. (A)	48,850		3,767
Blue Square Real Estate, Ltd.	215		14,822
Carasso Motors, Ltd.	2,020		9,694
Cellcom Israel, Ltd. (A)	4,807		20,636
Clal Biotechnology Industries, Ltd. (A)	1		0
Clal Insurance Enterprises Holdings, Ltd. (A)	2,090		38,463
Compugen, Ltd. (A)	4,373		11,278
Danel Adir Yeoshua, Ltd.	253		21,616
Delek Automotive Systems, Ltd.	633		3,851
Delta Galil, Ltd.	618		27,190
Dor Alon Energy in Israel 1988, Ltd.	420		8,807
Duniec Brothers, Ltd. (A)	217		12,338
Electra Consumer Products 1970, Ltd.	445		10,100
Electra Real Estate, Ltd.	1,543		16,485
Equital, Ltd. (A)	1,096		34,865
Formula Systems 1985, Ltd.	549		43,943
Fox Wizel, Ltd.	228		21,308
Gilat Satellite Networks, Ltd. (A)	1,452		7,914
Hamat Group, Ltd.	1,230		4,150
Hilan, Ltd.	803		51,018

International Small Company Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Israel (continued)
IDI Insurance Company, Ltd.	440	$	12,859
IES Holdings, Ltd. (A)	120		7,341
Ilex Medical, Ltd.	211		3,731
Inrom Construction Industries, Ltd.	4,264		13,570
Isracard, Ltd.	6,691		27,277
Israel Canada T.R, Ltd.	6,076		24,195
Israel Discount Bank, Ltd., Class A	1		4
Israel Land Development Company, Ltd.	789		7,289
Isras Investment Company, Ltd.	142		28,702
Issta, Ltd. (A)	219		4,897
Kamada, Ltd. (A)	1,616		9,138
Kerur Holdings, Ltd.	418		7,659
Kvutzat Acro, Ltd.	1,118		13,358
Levinstein Properties, Ltd.	267		4,537
M Yochananof & Sons, Ltd.	155		7,463
Magic Software Enterprises, Ltd.	1,349		15,567
Malam - Team, Ltd.	476		8,130
Matrix IT, Ltd.	1,552		34,203
Maytronics, Ltd.	960		9,553
Mediterranean Towers, Ltd.	4,044		10,546
Mega Or Holdings, Ltd.	757		20,214
Migdal Insurance & Financial Holdings, Ltd.	19,833		27,395
Mivtach Shamir Holdings, Ltd. (A)	397		15,346
Naphtha Israel Petroleum Corp., Ltd. (A)	2,030		11,421
Nawi Brothers, Ltd.	1,396		10,598
Neto Malinda Trading, Ltd. (A)	451		6,173
Next Vision Stabilized Systems, Ltd.	2,120		25,241
Nexxen International, Ltd. (A)(B)	2,825		7,485
Novolog, Ltd.	20,186		8,431
Oil Refineries, Ltd.	102,102		33,887
One Software Technologies, Ltd.	1,700		25,149
OPC Energy, Ltd. (A)	1		7
Partner Communications Company, Ltd. (A)	5,179		22,564
Paz Oil Company, Ltd.	345		36,862
Perion Network, Ltd. (A)	689		15,514
Plasson Industries, Ltd.	241		10,062
Plus500, Ltd.	4,031		91,858
Prashkovsky Investments and Construction, Ltd.	318		8,120
Priortech, Ltd. (A)	668		29,053
Rami Levy Chain Stores Hashikma Marketing 2006, Ltd.	449		26,980
Retailors, Ltd.	748		18,306
Sano-Brunos Enterprises, Ltd.	145		12,212
Scope Metals Group, Ltd. (A)	377		13,377
Shikun & Binui, Ltd. (A)	3,996		9,895
Summit Real Estate Holdings, Ltd.	2,363		29,933
Tadiran Group, Ltd.	86		6,947
Tamar Petroleum, Ltd. (D)	3,135		20,441
Tel Aviv Stock Exchange, Ltd.	3,160		21,322
Telsys, Ltd.	84		5,677
Tera Light, Ltd. (A)	32		70
Tiv Taam Holdings 1, Ltd.	3,848		5,415
YH Dimri Construction & Development, Ltd.	285		22,414
			1,406,273
Italy - 4.1%
A2A SpA	110,423		199,200
ACEA SpA (B)	2,494		44,202
Amplifon SpA	2,099		76,514
Anima Holding SpA (D)	9,201		43,737
Aquafil SpA	969		3,169
Arnoldo Mondadori Editore SpA	12,613		31,666

 

116

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

International Small Company Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Italy (continued)
Ascopiave SpA	4,243	$	10,822
Avio SpA (A)	877		9,563
Azimut Holding SpA	5,155		140,141
Banca Generali SpA	2,463		97,870
Banca IFIS SpA	1,607		31,485
Banca Mediolanum SpA	3,807		41,843
Banca Monte dei Paschi di Siena SpA (A)	37,180		168,623
Banca Popolare di Sondrio SpA	21,195		158,617
Banca Profilo SpA	24,032		5,707
Banco BPM SpA	35,603		236,877
Banco di Desio e della Brianza SpA	2,610		13,164
BasicNet SpA	1,571		6,900
BFF Bank SpA (D)	6,472		86,649
BPER Banca	43,099		203,790
Brembo SpA	5,497		70,343
Brunello Cucinelli SpA	1,495		170,861
Buzzi SpA	4,791		188,157
Cairo Communication SpA	4,712		10,170
Carel Industries SpA (D)	1,809		39,722
Cembre SpA	370		17,595
Cementir Holding NV	4,165		47,145
CIR SpA-Compagnie Industriali (A)	60,979		35,228
Credito Emiliano SpA	4,857		48,601
Danieli & C Officine Meccaniche SpA	788		27,976
Danieli & C Officine Meccaniche SpA, Savings Shares	2,118		55,844
De' Longhi SpA	1,641		56,749
doValue SpA (D)	5,440		12,475
ERG SpA	344		8,636
Esprinet SpA	2,412		14,008
Eurotech SpA (A)	1,562		2,929
Fila SpA	2,245		19,303
Garofalo Health Care SpA (A)	1,776		9,432
Geox SpA (A)	8,390		6,073
Gruppo MutuiOnline SpA	424		17,119
Hera SpA	38,131		134,362
Illimity Bank SpA (B)	5,067		26,595
IMMSI SpA	6,756		4,007
Intercos SpA	1,065		15,417
Interpump Group SpA	3,216		156,738
Iren SpA	30,720		62,846
Italgas SpA	19,026		110,842
Italmobiliare SpA	1,039		38,784
Iveco Group NV (A)	8,389		124,973
Leonardo SpA	3,206		80,547
Maire Tecnimont SpA	6,315		49,529
MFE-MediaForEurope NV, Class A	10,783		27,995
MFE-MediaForEurope NV, Class B	3,783		13,122
OVS SpA (D)	11,708		30,794
Pharmanutra SpA (B)	268		16,488
Piaggio & C SpA	11,658		36,867
Piovan SpA (D)	884		11,583
Pirelli & C. SpA (D)	12,309		75,368
RAI Way SpA (D)	5,678		31,826
Reply SpA	1,004		142,079
Sabaf SpA (A)	338		6,512
Salvatore Ferragamo SpA	2,452		29,832
Sanlorenzo SpA/Ameglia	556		25,307
Saras SpA	32,800		62,697
Sesa SpA	391		43,227
Sogefi SpA (A)	3,551		12,239
SOL SpA	1,145		41,012
Tamburi Investment Partners SpA	4,666		50,089
Technogym SpA (D)	6,815		67,618

International Small Company Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Italy (continued)
Telecom Italia SpA (A)(B)	305,003	$	74,041
Tod's SpA (A)	319		14,795
Unieuro SpA (D)	1,088		10,370
Unipol Gruppo SpA	15,893		133,183
UnipolSai Assicurazioni SpA	13,115		37,996
Webuild SpA	14,544		35,182
Zignago Vetro SpA	1,669		23,874
			4,327,641
Japan - 23.9%
A&D HOLON Holdings Company, Ltd.	900		17,342
Achilles Corp.	1,000		10,138
Adastria Company, Ltd.	1,620		41,156
ADEKA Corp.	3,600		76,012
Ad-sol Nissin Corp.	800		8,884
Advan Group Company, Ltd.	1,000		7,612
Aeon Delight Company, Ltd.	1,400		32,504
Aeon Fantasy Company, Ltd. (B)	400		6,287
AEON Financial Service Company, Ltd.	4,300		39,205
Aeon Hokkaido Corp.	1,800		11,151
Aeria, Inc.	700		1,631
Ai Holdings Corp.	1,900		30,585
Aica Kogyo Company, Ltd.	1,800		44,038
Aichi Corp.	3,200		22,694
Aichi Steel Corp.	700		17,843
Aichi Tokei Denki Company, Ltd.	900		14,414
Aida Engineering, Ltd.	4,500		26,392
Aiful Corp.	8,600		25,858
Ain Holdings, Inc.	1,100		39,620
Aiphone Company, Ltd.	600		12,051
Airport Facilities Company, Ltd.	1,200		4,837
Airtrip Corp. (B)	900		9,699
Aisan Industry Company, Ltd.	2,500		27,920
Aizawa Securities Group Company, Ltd.	2,400		18,961
Akatsuki, Inc.	400		6,692
Akebono Brake Industry Company, Ltd. (A)	9,400		8,966
Albis Company, Ltd.	500		9,014
Alconix Corp.	1,600		15,200
Alpen Company, Ltd.	1,100		14,595
Alps Alpine Company, Ltd. (B)	7,000		55,036
Altech Corp.	1,100		19,931
Amano Corp.	2,200		56,060
Amuse, Inc.	400		4,046
Amvis Holdings, Inc.	300		5,043
Anest Iwata Corp.	1,800		16,042
AnGes, Inc. (A)	6,300		2,706
Anicom Holdings, Inc.	3,700		14,023
Anritsu Corp.	6,700		54,232
AOKI Holdings, Inc.	3,100		22,933
Aoyama Trading Company, Ltd.	2,500		27,686
Aoyama Zaisan Networks Company, Ltd.	1,100		9,347
Arakawa Chemical Industries, Ltd.	1,400		10,738
Arata Corp.	1,400		29,767
ARCLANDS Corp.	2,870		33,528
Arcs Company, Ltd.	2,125		43,885
ARE Holdings, Inc.	3,600		45,731
Arealink Company, Ltd.	500		8,883
Argo Graphics, Inc.	1,000		28,123
Arisawa Manufacturing Company, Ltd.	2,900		21,607
Artience Company, Ltd.	2,200		42,696
As One Corp.	2,000		34,998
Asahi Company, Ltd.	800		7,032
Asahi Diamond Industrial Company, Ltd.	3,900		24,646
Asahi Yukizai Corp.	1,200		41,730
Asia Pile Holdings Corp.	3,300		18,086

 

117

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

International Small Company Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Japan (continued)
ASKA Pharmaceutical Holdings Company, Ltd.	1,600	$	23,399
ASKUL Corp.	2,000		29,122
Atsugi Company, Ltd. (A)	1,200		4,407
Aucnet, Inc.	1,100		17,657
Autobacs Seven Company, Ltd.	3,400		35,515
Avant Group Corp.	900		7,672
Avex, Inc.	2,800		23,720
Axial Retailing, Inc.	3,200		21,720
AZ-COM MARUWA Holdings, Inc.	3,100		27,759
Bando Chemical Industries, Ltd.	2,500		31,034
Bank of the Ryukyus, Ltd.	3,000		23,587
Belc Company, Ltd.	500		22,932
Bell System24 Holdings, Inc.	2,400		24,927
Belluna Company, Ltd.	3,300		13,400
Bengo4.com, Inc. (A)	300		6,637
Bic Camera, Inc.	3,800		32,191
BML, Inc.	1,000		19,266
Bourbon Corp.	500		7,995
Br. Holdings Corp.	2,300		5,706
BrainPad, Inc.	900		8,016
Bunka Shutter Company, Ltd.	4,000		44,987
Business Brain Showa-Ota, Inc.	700		9,978
C Uyemura & Company, Ltd.	500		34,057
CAC Holdings Corp.	900		11,128
Canon Electronics, Inc.	1,700		27,546
Carenet, Inc.	1,200		5,116
Carlit Holdings Company, Ltd.	2,100		14,790
Cawachi, Ltd.	900		15,716
CellSource Company, Ltd. (B)	600		5,906
Celsys, Inc.	3,200		18,493
Central Automotive Products, Ltd.	500		19,060
Central Glass Company, Ltd.	1,400		26,410
Central Security Patrols Company, Ltd.	700		12,226
Central Sports Company, Ltd.	600		9,899
Ceres, Inc.	600		6,948
Change Holdings, Inc. (B)	1,700		14,420
Charm Care Corp. KK	1,000		10,911
Chilled & Frozen Logistics Holdings Company, Ltd.	1,600		32,579
Chino Corp.	400		6,939
Chiyoda Company, Ltd.	800		4,690
Chiyoda Corp. (A)	9,100		24,164
Chiyoda Integre Company, Ltd.	800		14,667
Chofu Seisakusho Company, Ltd.	1,700		24,231
Chori Company, Ltd.	1,200		26,794
Chubu Shiryo Company, Ltd.	2,000		15,677
Chudenko Corp.	1,900		37,709
Chuetsu Pulp & Paper Company, Ltd.	500		6,238
Chugai Ro Company, Ltd.	500		10,128
Chugin Financial Group, Inc.	6,700		57,111
Chugoku Marine Paints, Ltd.	1,400		20,595
CI Takiron Corp.	3,000		13,336
Citizen Watch Company, Ltd.	8,700		57,330
CKD Corp.	2,400		48,117
Cleanup Corp.	2,100		10,890
CMK Corp.	3,700		15,073
COLOPL, Inc.	3,200		13,048
Colowide Company, Ltd. (B)	3,200		45,447
Comture Corp.	1,000		13,053
COOKPAD, Inc. (A)	2,700		2,416
Corona Corp.	300		1,906
Cosel Company, Ltd.	1,200		11,993
Cota Company, Ltd.	644		6,311
CRE, Inc.	800		7,544

International Small Company Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Japan (continued)
Create Restaurants Holdings, Inc.	5,800	$	39,565
Create SD Holdings Company, Ltd.	1,700		37,023
Creek & River Company, Ltd.	800		10,421
Cresco, Ltd.	800		11,341
CTS Company, Ltd.	1,900		9,918
Curves Holdings Company, Ltd.	2,000		10,541
Cybozu, Inc.	2,000		23,261
Dai Nippon Toryo Company, Ltd.	1,200		9,296
Daicel Corp.	4,100		40,472
Dai-Dan Company, Ltd.	2,000		31,793
Daido Metal Company, Ltd.	1,900		8,432
Daido Steel Company, Ltd. (B)	4,000		46,353
Daihen Corp.	600		37,450
Daiho Corp.	800		18,274
Daiichi Jitsugyo Company, Ltd.	1,200		16,825
Daiichi Kensetsu Corp.	1,300		15,239
Daiichi Kigenso Kagaku-Kogyo Company, Ltd.	1,800		11,313
Daiichikosho Company, Ltd.	2,800		35,451
Daiken Medical Company, Ltd.	400		1,502
Daiki Aluminium Industry Company, Ltd.	3,000		24,323
Daikoku Denki Company, Ltd. (B)	800		21,285
Daikokutenbussan Company, Ltd.	300		19,143
Daikyonishikawa Corp.	1,900		9,735
Dainichiseika Color & Chemicals Manufacturing Company, Ltd.	300		5,860
Daio Paper Corp.	4,200		32,540
Daiseki Company, Ltd.	1,360		33,202
Daishi Hokuetsu Financial Group, Inc.	1,100		32,365
Daishinku Corp.	1,600		8,372
Daito Pharmaceutical Company, Ltd.	770		11,878
Daitron Company, Ltd.	600		14,053
Daiwa Industries, Ltd.	2,000		21,104
Daiwabo Holdings Company, Ltd.	2,900		48,550
DCM Holdings Company, Ltd.	5,100		49,328
DeNA Company, Ltd.	2,700		26,696
Denka Company, Ltd.	1,700		26,506
Densan System Holdings Company, Ltd.	700		12,427
Denyo Company, Ltd.	900		13,986
Dexerials Corp.	1,500		65,385
DIC Corp.	2,700		51,554
Digital Arts, Inc.	700		20,085
Digital Hearts Holdings Company, Ltd.	900		5,685
Digital Holdings, Inc.	600		4,346
Dip Corp.	1,400		25,597
Direct Marketing MiX, Inc.	900		1,874
DKK Company, Ltd.	1,000		14,135
DKS Company, Ltd.	400		9,458
DMG Mori Company, Ltd.	900		23,793
Doshisha Company, Ltd.	1,700		23,449
Doutor Nichires Holdings Company, Ltd.	2,300		31,213
Dowa Holdings Company, Ltd.	1,300		44,924
DTS Corp.	1,800		47,051
Duskin Company, Ltd.	1,600		34,126
DyDo Group Holdings, Inc.	1,400		25,264
Eagle Industry Company, Ltd.	2,200		26,560
Ebara Jitsugyo Company, Ltd.	800		18,825
Ebase Company, Ltd.	1,200		5,737
EDION Corp.	2,700		27,178
EF-ON, Inc.	1,500		4,336
eGuarantee, Inc.	2,000		23,718
E-Guardian, Inc.	284		2,596
Eiken Chemical Company, Ltd.	1,800		23,437
Eizo Corp.	800		27,268

 

118

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

International Small Company Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Japan (continued)
Elan Corp.	2,800	$	16,968
Elecom Company, Ltd.	1,600		16,434
Elematec Corp.	1,400		17,706
EM Systems Company, Ltd.	1,400		6,596
en-japan, Inc.	2,100		36,916
Enplas Corp. (B)	300		14,417
eRex Company, Ltd. (A)(B)	1,900		8,675
ES-Con Japan, Ltd.	1,500		10,074
ESPEC Corp.	1,600		31,749
Exedy Corp.	1,900		38,091
EXEO Group, Inc. (B)	6,400		68,008
Ezaki Glico Company, Ltd.	2,000		55,825
Fancl Corp.	1,100		14,646
FCC Company, Ltd.	2,200		32,031
FDK Corp. (A)	1,100		5,399
Feed One Company, Ltd.	1,600		10,269
Ferrotec Holdings Corp.	2,000		38,911
FIDEA Holdings Company, Ltd.	2,140		22,472
Financial Partners Group Company, Ltd.	1,100		15,478
Fixstars Corp.	2,000		30,339
Food & Life Companies, Ltd.	4,500		86,362
Foster Electric Company, Ltd.	2,100		17,074
FP Corp.	1,100		19,970
France Bed Holdings Company, Ltd.	2,200		18,524
Fudo Tetra Corp.	1,080		14,610
Fuji Corp. (Aichi)	2,600		45,960
Fuji Corp., Ltd.	1,300		6,430
Fuji Kyuko Company, Ltd.	800		20,689
Fuji Oil Company, Ltd.	4,400		13,682
Fuji Oil Holdings, Inc. (B)	2,500		39,172
Fuji Pharma Company, Ltd.	1,400		15,078
Fuji Seal International, Inc.	2,100		27,531
Fujibo Holdings, Inc.	700		20,206
Fujicco Company, Ltd.	1,500		18,825
Fujikura Kasei Company, Ltd.	2,000		6,274
Fujikura, Ltd.	2,000		29,560
Fujimi, Inc.	2,400		55,069
Fujimori Kogyo Company, Ltd.	800		22,645
Fujisash Company, Ltd.	4,900		3,047
Fujitsu General, Ltd.	2,000		24,762
Fujiya Company, Ltd.	500		8,247
Fukuda Corp.	200		7,413
Fukuda Denshi Company, Ltd.	700		32,023
Fukui Computer Holdings, Inc.	300		5,126
Fukushima Galilei Company, Ltd.	500		19,688
Fukuyama Transporting Company, Ltd.	1,000		23,657
FULLCAST Holdings Company, Ltd.	1,000		9,564
Funai Soken Holdings, Inc.	1,800		29,591
Furukawa Company, Ltd.	1,900		22,841
Furukawa Electric Company, Ltd.	2,900		61,219
Furuno Electric Company, Ltd.	2,400		38,825
Furuya Metal Company, Ltd.	300		22,268
Furyu Corp.	1,300		10,856
Fuso Chemical Company, Ltd.	1,000		30,529
Fuso Pharmaceutical Industries, Ltd.	500		7,217
Futaba Corp. (A)	1,600		5,475
Futaba Industrial Company, Ltd.	3,400		26,455
Future Corp.	2,400		26,444
Fuyo General Lease Company, Ltd.	400		35,586
G-7 Holdings, Inc.	2,000		18,939
Gakken Holdings Company, Ltd.	1,600		9,827
Gecoss Corp.	400		3,033
Genki Sushi Company, Ltd.	1,000		21,006
Genky DrugStores Company, Ltd.	600		25,885
Geo Holdings Corp.	1,900		23,851

International Small Company Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Japan (continued)
GLOBERIDE, Inc.	1,200	$	15,962
Glory, Ltd.	2,100		39,633
GMO Financial Gate, Inc.	400		23,600
GMO Financial Holdings, Inc.	1,600		8,336
GMO GlobalSign Holdings KK	500		9,912
GMO internet group, Inc.	2,800		50,734
GNI Group, Ltd. (A)	1,100		21,916
Goldcrest Company, Ltd.	990		16,610
Golf Digest Online, Inc.	800		3,220
Gremz, Inc.	800		11,344
GS Yuasa Corp.	3,000		62,523
G-Tekt Corp.	1,200		16,798
Gun-Ei Chemical Industry Company, Ltd.	400		9,946
GungHo Online Entertainment, Inc.	2,000		32,008
Gunze, Ltd.	800		28,702
H.U. Group Holdings, Inc.	1,600		26,056
H2O Retailing Corp.	2,600		33,238
Hagihara Industries, Inc.	800		8,649
Hagiwara Electric Holdings Company, Ltd.	500		14,709
Hakudo Company, Ltd. (B)	600		9,967
Hakuto Company, Ltd.	700		25,817
Halows Company, Ltd.	600		17,732
Hamakyorex Company, Ltd.	1,000		25,365
Hanwa Company, Ltd.	1,500		58,541
Happinet Corp.	1,000		20,082
Harmonic Drive Systems, Inc.	600		15,987
Hazama Ando Corp.	5,490		42,755
Heiwa Corp.	1,500		19,617
Heiwa Real Estate Company, Ltd.	1,500		39,369
Heiwado Company, Ltd.	2,000		26,759
Hennge KK (A)	1,000		8,020
Hibiya Engineering, Ltd.	1,500		29,211
Hiday Hidaka Corp.	600		10,627
HI-LEX Corp.	600		6,750
Hino Motors, Ltd. (A)	10,400		34,851
Hioki EE Corp.	500		23,693
Hirano Tecseed Company, Ltd.	1,100		15,139
Hirogin Holdings, Inc.	10,600		76,080
Hiroshima Gas Company, Ltd.	4,900		12,378
Hisaka Works, Ltd.	2,000		13,456
Hisamitsu Pharmaceutical Company, Inc.	500		12,960
Hitachi Zosen Corp.	5,500		48,065
Hochiki Corp.	600		8,617
Hodogaya Chemical Company, Ltd.	700		16,584
Hokkaido Electric Power Company, Inc.	8,600		47,035
Hokkaido Gas Company, Ltd.	600		10,028
Hokkan Holdings, Ltd.	1,000		12,358
Hokko Chemical Industry Company, Ltd.	700		5,784
Hokkoku Financial Holdings, Inc.	900		29,647
Hokuetsu Corp. (B)	4,900		60,296
Hokuetsu Industries Company, Ltd.	2,000		26,244
Hokuhoku Financial Group, Inc.	4,900		62,057
Hokuriku Electric Power Company (A)	7,400		39,308
Hokuto Corp.	1,600		19,365
H-One Company, Ltd.	1,000		4,599
Honeys Holdings Company, Ltd.	1,350		15,463
Hoosiers Holdings Company, Ltd.	3,400		24,688
Hosiden Corp.	3,000		38,199
Hosokawa Micron Corp.	1,000		31,478
HS Holdings Company, Ltd.	1,000		6,623
IBJ, Inc.	1,800		6,450
Ichigo, Inc.	4,100		11,832
Ichikoh Industries, Ltd.	2,300		8,294

 

119

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

International Small Company Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Japan (continued)
Ichinen Holdings Company, Ltd.	1,900	$	21,984
Ichiyoshi Securities Company, Ltd.	2,800		15,445
Icom, Inc.	500		11,245
IDEC Corp.	1,600		28,279
IDOM, Inc.	3,900		26,910
Iino Kaiun Kaisha, Ltd.	4,600		38,391
I'll, Inc.	1,100		21,958
Imasen Electric Industrial	500		2,106
Imuraya Group Company, Ltd.	300		4,988
Inaba Denki Sangyo Company, Ltd.	2,100		48,729
Inaba Seisakusho Company, Ltd.	200		2,390
Inabata & Company, Ltd.	2,000		42,101
Inageya Company, Ltd.	300		2,771
Ines Corp.	900		9,250
i-Net Corp.	900		13,590
Infocom Corp.	1,000		17,667
Insource Company, Ltd.	3,800		22,856
Intage Holdings, Inc.	468		4,892
Integrated Design & Engineering Holdings Company, Ltd.	1,000		28,544
Inter Action Corp.	800		6,877
Inui Global Logistics Company, Ltd. (B)	1,600		11,270
I-PEX, Inc.	500		6,025
IR Japan Holdings, Ltd. (B)	400		3,488
Iriso Electronics Company, Ltd.	1,000		20,035
Iseki & Company, Ltd.	1,200		8,122
Ishihara Sangyo Kaisha, Ltd.	2,100		24,040
ITFOR, Inc.	1,000		8,938
ITmedia, Inc. (B)	900		10,631
Itochu Enex Company, Ltd.	3,800		39,136
Itochu-Shokuhin Company, Ltd.	300		14,246
Itoham Yonekyu Holdings, Inc.	1,500		39,407
Itoki Corp.	2,100		24,136
IwaiCosmo Holdings, Inc.	900		13,238
Iyogin Holdings, Inc.	7,000		54,164
Izumi Company, Ltd.	1,400		32,116
J Trust Company, Ltd.	6,286		18,325
JAC Recruitment Company, Ltd.	4,800		25,026
Jaccs Company, Ltd.	900		32,695
Jade Group, Inc. (A)	400		7,155
JAFCO Group Company, Ltd.	3,100		38,336
JANOME Corp.	1,200		5,437
Japan Aviation Electronics Industry, Ltd.	2,300		37,769
Japan Cash Machine Company, Ltd.	700		6,082
Japan Communications, Inc. (A)	15,200		20,632
Japan Electronic Materials Corp.	1,800		31,758
Japan Elevator Service Holdings Company, Ltd.	3,300		53,884
Japan Investment Adviser Company, Ltd.	2,000		13,674
Japan Lifeline Company, Ltd.	4,400		35,102
Japan Material Company, Ltd.	2,900		46,352
Japan Medical Dynamic Marketing, Inc.	900		4,313
Japan Petroleum Exploration Company, Ltd.	1,200		54,555
Japan Property Management Center Company, Ltd.	800		6,481
Japan Pulp & Paper Company, Ltd.	600		20,539
Japan Securities Finance Company, Ltd.	3,300		36,469
Japan Transcity Corp.	3,100		13,590
Japan Wool Textile Company, Ltd.	4,000		38,433
Jastec Company, Ltd.	400		3,829
JBCC Holdings, Inc.	1,200		26,227
JCR Pharmaceuticals Company, Ltd.	2,900		16,462
JCU Corp.	1,300		33,079
Jeol, Ltd.	1,500		62,140

International Small Company Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Japan (continued)
Jimoto Holdings, Inc.	980	$	3,869
JINS Holdings, Inc.	800		22,661
JINUSHI Company, Ltd.	1,100		17,683
JM Holdings Company, Ltd.	600		10,887
JMS Company, Ltd.	500		1,738
J-Oil Mills, Inc.	1,200		15,366
Joshin Denki Company, Ltd.	1,100		16,756
Joyful Honda Company, Ltd.	1,900		27,329
JSB Company, Ltd.	800		15,030
JSP Corp.	800		11,929
Juki Corp.	1,400		5,293
Juroku Financial Group, Inc.	1,300		40,381
Justsystems Corp.	1,500		26,326
JVCKenwood Corp.	6,770		41,660
K&O Energy Group, Inc.	800		16,812
Kaga Electronics Company, Ltd.	600		25,510
Kagome Company, Ltd.	2,300		55,753
Kakaku.com, Inc.	1,900		23,050
Kaken Pharmaceutical Company, Ltd.	1,200		27,125
Kakiyasu Honten Company, Ltd.	500		10,466
Kamakura Shinsho, Ltd.	1,200		5,690
Kameda Seika Company, Ltd.	700		19,641
Kamei Corp.	2,000		27,253
Kanaden Corp.	1,100		11,002
Kanagawa Chuo Kotsu Company, Ltd.	700		14,543
Kanamic Network Company, Ltd.	600		2,098
Kanamoto Company, Ltd.	1,900		33,890
Kandenko Company, Ltd.	4,700		53,653
Kaneka Corp.	2,300		57,233
Kanematsu Corp.	3,500		59,740
Kanto Denka Kogyo Company, Ltd.	2,000		13,327
Kasai Kogyo Company, Ltd. (A)	1,000		1,623
Katakura Industries Company, Ltd.	1,700		21,557
Katitas Company, Ltd.	1,800		23,455
Kato Sangyo Company, Ltd.	1,100		33,014
Kato Works Company, Ltd.	400		4,014
Kawada Technologies, Inc.	600		12,944
KeePer Technical Laboratory Company, Ltd.	500		16,435
Keihanshin Building Company, Ltd.	2,000		20,343
Kenko Mayonnaise Company, Ltd.	900		11,961
KFC Holdings Japan, Ltd.	1,500		43,363
KH Neochem Company, Ltd.	1,500		22,715
Kimoto Company, Ltd.	3,000		4,502
King Jim Company, Ltd.	1,400		8,256
Kissei Pharmaceutical Company, Ltd.	1,700		39,766
Ki-Star Real Estate Company, Ltd.	600		14,866
Kitz Corp.	4,600		41,267
Koa Corp.	1,700		16,528
Koatsu Gas Kogyo Company, Ltd.	3,000		17,794
Kobe Electric Railway Company, Ltd.	300		5,553
Kohnan Shoji Company, Ltd.	1,200		34,609
Kojima Company, Ltd.	3,000		16,197
Kokuyo Company, Ltd.	2,900		47,423
Komatsu Matere Company, Ltd.	1,700		8,651
KOMEDA Holdings Company, Ltd.	2,000		35,625
Komeri Company, Ltd.	1,500		34,201
Komori Corp.	3,700		30,112
Kondotec, Inc.	1,300		10,784
Konica Minolta, Inc.	14,200		46,471
Konishi Company, Ltd.	4,400		44,731
Konoike Transport Company, Ltd.	2,600		36,304
Kotobuki Spirits Company, Ltd.	2,500		31,427
Krosaki Harima Corp.	1,600		37,183
KRS Corp.	1,100		8,442

 

120

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

International Small Company Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Japan (continued)
K's Holdings Corp. (B)	5,700	$	49,017
Kumagai Gumi Company, Ltd.	1,300		35,434
Kumiai Chemical Industry Company, Ltd.	3,400		18,598
Kurabo Industries, Ltd.	1,600		36,798
Kureha Corp.	1,500		27,052
Kurimoto, Ltd.	1,000		26,139
Kusuri no Aoki Holdings Company, Ltd.	2,100		43,283
KYB Corp.	1,000		33,934
Kyodo Printing Company, Ltd.	500		11,328
Kyoei Steel, Ltd.	1,800		28,154
Kyokuto Kaihatsu Kogyo Company, Ltd.	2,300		38,968
Kyokuto Securities Company, Ltd.	2,300		24,246
Kyokuyo Company, Ltd.	700		17,134
Kyorin Pharmaceutical Company, Ltd.	1,900		22,845
Kyoritsu Maintenance Company, Ltd.	2,800		64,111
Kyosan Electric Manufacturing Company, Ltd.	2,000		6,848
Kyudenko Corp.	1,100		45,634
LAC Company, Ltd.	1,400		7,495
Lacto Japan Company, Ltd.	800		12,446
LEC, Inc.	1,600		12,163
Leopalace21 Corp.	6,400		21,565
Life Corp.	800		20,523
LIFULL Company, Ltd.	3,800		4,233
Link And Motivation, Inc.	2,300		8,261
Lintec Corp.	1,900		39,170
Litalico, Inc.	1,300		18,019
M&A Capital Partners Company, Ltd.	600		8,899
Mabuchi Motor Company, Ltd.	3,200		58,376
Macromill, Inc.	2,300		11,774
Maeda Kosen Company, Ltd.	1,100		26,352
Maezawa Kasei Industries Company, Ltd.	1,100		12,400
Maezawa Kyuso Industries Company, Ltd.	1,800		14,919
Makino Milling Machine Company, Ltd.	800		33,275
Management Solutions Company, Ltd.	1,300		18,229
Mandom Corp.	1,600		14,116
Mani, Inc.	3,500		45,789
MarkLines Company, Ltd.	400		8,965
Mars Group Holdings Corp.	700		15,143
Marubun Corp.	200		2,012
Marudai Food Company, Ltd.	1,600		17,111
Maruha Nichiro Corp.	1,400		27,398
Maruichi Steel Tube, Ltd.	2,700		72,094
Maruwa Company, Ltd.	300		62,777
Maruzen Company, Ltd.	800		15,484
Maruzen Showa Unyu Company, Ltd.	800		24,522
Marvelous, Inc.	1,400		6,419
Matsuda Sangyo Company, Ltd.	1,400		22,734
Matsui Securities Company, Ltd.	4,900		26,750
Max Company, Ltd.	1,500		31,677
Maxell, Ltd.	2,200		23,058
Maxvalu Tokai Company, Ltd.	1,100		22,407
MCJ Company, Ltd.	3,200		28,358
MEC Company, Ltd.	700		18,735
Media Do Company, Ltd.	600		5,938
Medical Data Vision Company, Ltd.	1,700		6,736
Medikit Company, Ltd.	500		9,928
Medley, Inc. (A)	800		23,780
MedPeer, Inc.	600		2,756
Megachips Corp.	1,100		28,095
Megmilk Snow Brand Company, Ltd.	2,800		49,691
Meidensha Corp.	1,800		33,878

International Small Company Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Japan (continued)
Meiko Electronics Company, Ltd.	1,200	$	42,604
Meisei Industrial Company, Ltd.	3,000		26,098
MEITEC Group Holdings, Inc.	3,100		59,937
Meito Sangyo Company, Ltd.	900		10,524
Melco Holdings, Inc.	500		11,956
Members Company, Ltd.	400		2,386
Menicon Company, Ltd.	2,500		25,693
METAWATER Company, Ltd.	1,600		23,556
Micronics Japan Company, Ltd.	800		43,907
Midac Holdings Company, Ltd.	500		5,243
Mie Kotsu Group Holdings, Inc.	3,700		15,041
Milbon Company, Ltd.	912		19,176
Mimasu Semiconductor Industry Company, Ltd.	1,400		28,467
Ministop Company, Ltd.	1,100		10,997
MIRAIT ONE Corp. (B)	4,240		52,264
Mirarth Holdings, Inc.	6,300		20,742
Miroku Jyoho Service Company, Ltd.	700		8,286
Mitani Corp.	2,000		24,560
Mitani Sekisan Company, Ltd.	600		23,875
Mito Securities Company, Ltd.	6,300		20,539
Mitsuba Corp.	2,300		24,906
Mitsubishi Logisnext Company, Ltd.	1,000		12,154
Mitsubishi Logistics Corp.	1,200		38,848
Mitsubishi Materials Corp.	1,900		35,729
Mitsubishi Paper Mills, Ltd.	2,600		10,259
Mitsubishi Pencil Company, Ltd.	1,500		25,137
Mitsubishi Research Institute, Inc.	500		16,392
Mitsubishi Shokuhin Company, Ltd.	600		22,068
Mitsubishi Steel Manufacturing Company, Ltd.	1,000		9,612
Mitsui DM Sugar Holdings Company, Ltd.	1,000		20,586
Mitsui E&S Company, Ltd.	4,600		58,071
Mitsui High-Tec, Inc.	500		28,402
Mitsui Matsushima Holdings Company, Ltd.	1,000		19,173
Mitsui Mining & Smelting Company, Ltd.	2,200		67,426
Mitsui-Soko Holdings Company, Ltd.	900		27,808
Mitsuuroko Group Holdings Company, Ltd.	3,200		29,920
Mixi, Inc.	1,800		31,151
Mizuho Leasing Company, Ltd.	4,000		29,484
Mizuno Corp.	1,400		58,458
Mochida Pharmaceutical Company, Ltd.	900		19,045
Modec, Inc. (A)	1,800		36,413
Monex Group, Inc.	8,000		47,651
Morinaga & Company, Ltd.	3,000		51,495
Morinaga Milk Industry Company, Ltd.	3,000		61,374
Morita Holdings Corp.	2,200		23,835
Morozoff, Ltd.	500		14,014
MrMax Holdings, Ltd.	1,700		7,064
m-up Holdings, Inc.	2,000		15,480
Musashi Seimitsu Industry Company, Ltd.	2,600		29,039
Nabtesco Corp.	900		15,088
Nachi-Fujikoshi Corp.	600		13,729
Nafco Company, Ltd.	1,100		18,772
Nagano Keiki Company, Ltd.	1,800		26,899
Nagase & Company, Ltd.	3,000		50,420
Nagatanien Holdings Company, Ltd.	1,000		14,739
Nagawa Company, Ltd.	300		15,107
Nakamuraya Company, Ltd.	300		6,108
Nakanishi, Inc.	2,600		40,799

 

121

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

International Small Company Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Japan (continued)
Nakayama Steel Works, Ltd.	1,100	$	6,817
Namura Shipbuilding Company, Ltd.	3,252		43,163
Nankai Electric Railway Company, Ltd.	3,000		61,622
Natori Company, Ltd.	700		9,781
NEC Capital Solutions, Ltd.	800		20,334
NEC Networks & System Integration Corp.	2,100		34,963
NET One Systems Company, Ltd.	2,900		51,024
Neturen Company, Ltd.	2,300		16,803
Nextage Company, Ltd.	1,900		35,980
NHK Spring Company, Ltd. (B)	9,100		90,415
Nice Corp.	600		7,066
Nichias Corp.	2,300		61,457
Nichiban Company, Ltd.	700		9,041
Nichicon Corp.	3,400		28,713
Nichiden Corp.	600		10,548
Nichiha Corp.	1,200		27,126
Nichireki Company, Ltd.	2,000		33,040
Nichirin Company, Ltd.	1,040		25,500
Nihon Chouzai Company, Ltd.	800		8,265
Nihon Dempa Kogyo Company, Ltd.	2,500		22,411
Nihon Flush Company, Ltd.	1,000		6,394
Nihon House Holdings Company, Ltd.	1,000		2,302
Nihon Kagaku Sangyo Company, Ltd.	1,000		9,451
Nihon Kohden Corp.	800		21,243
Nihon M&A Center Holdings, Inc.	9,700		61,751
Nihon Nohyaku Company, Ltd.	4,000		21,204
Nihon Parkerizing Company, Ltd.	3,900		31,410
Nihon Tokushu Toryo Company, Ltd.	1,000		9,604
Nikkiso Company, Ltd.	2,100		17,163
Nikkon Holdings Company, Ltd.	2,200		42,457
Nippn Corp.	2,700		41,448
Nippon Air Conditioning Services Company, Ltd.	1,600		9,550
Nippon Beet Sugar Manufacturing Company, Ltd.	900		12,294
Nippon Carbon Company, Ltd.	500		17,511
Nippon Chemical Industrial Company, Ltd.	700		10,899
Nippon Chemi-Con Corp. (A)	1,100		10,416
Nippon Coke & Engineering Company, Ltd.	18,000		15,382
Nippon Concrete Industries Company, Ltd.	2,600		6,823
Nippon Denko Company, Ltd.	6,530		13,719
Nippon Densetsu Kogyo Company, Ltd.	2,100		29,086
Nippon Electric Glass Company, Ltd.	1,900		48,531
Nippon Gas Company, Ltd.	4,300		72,421
Nippon Hume Corp.	2,000		11,213
Nippon Kayaku Company, Ltd.	5,300		45,464
Nippon Kodoshi Corp.	800		9,780
Nippon Light Metal Holdings Company, Ltd.	2,820		33,464
Nippon Paper Industries Company, Ltd. (A)	4,600		35,596
Nippon Parking Development Company, Ltd.	8,400		11,237
Nippon Pillar Packing Company, Ltd.	1,100		44,717
Nippon Rietec Company, Ltd.	300		2,667
Nippon Seiki Company, Ltd.	3,000		30,365
Nippon Sharyo, Ltd.	600		9,415
Nippon Sheet Glass Company, Ltd. (A)	4,100		14,006
Nippon Shokubai Company, Ltd.	3,200		31,249
Nippon Signal Company, Ltd.	3,000		20,431
Nippon Soda Company, Ltd.	600		24,023

International Small Company Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Japan (continued)
Nippon Thompson Company, Ltd.	4,700	$	19,893
Nippon Yakin Kogyo Company, Ltd.	1,000		31,919
Nipro Corp.	6,700		53,179
Nishikawa Rubber Company, Ltd.	800		11,202
Nishimatsu Construction Company, Ltd.	1,500		43,120
Nishimatsuya Chain Company, Ltd.	2,700		42,927
Nishi-Nippon Financial Holdings, Inc. (B)	3,900		48,761
Nishi-Nippon Railroad Company, Ltd.	2,400		39,151
Nishio Holdings Company, Ltd.	800		20,459
Nissan Shatai Company, Ltd.	3,400		23,381
Nissei ASB Machine Company, Ltd.	500		17,117
Nissei Plastic Industrial Company, Ltd.	1,600		12,398
Nissha Company, Ltd.	2,300		22,906
Nisshinbo Holdings, Inc.	4,768		38,324
Nissin Corp.	1,400		26,460
Nisso Holdings Company, Ltd.	2,400		13,084
Nissui Corp. (B)	13,000		81,509
Nitta Corp.	1,300		34,046
NITTAN Corp.	1,200		2,969
Nittetsu Mining Company, Ltd.	600		19,352
Nitto Kogyo Corp.	1,600		44,023
Nitto Kohki Company, Ltd.	1,000		12,810
Nitto Seiko Company, Ltd.	1,700		7,150
Noevir Holdings Company, Ltd.	800		27,470
Nohmi Bosai, Ltd.	1,300		19,435
Nojima Corp.	3,200		35,694
NOK Corp.	900		12,368
Nomura Micro Science Company, Ltd. (B)	1,200		42,244
Noritake Company, Ltd.	1,400		38,944
Noritsu Koki Company, Ltd.	1,000		21,058
Noritz Corp.	2,100		24,055
North Pacific Bank, Ltd.	12,900		37,627
NPR-RIKEN Corp.	1,200		24,507
NS Tool Company, Ltd.	800		5,174
NS United Kaiun Kaisha, Ltd.	800		24,999
NSD Company, Ltd.	2,200		42,542
NTN Corp.	18,400		38,355
Obara Group, Inc.	600		15,083
Ohsho Food Service Corp.	700		35,722
Oiles Corp.	1,380		20,261
Oisix ra daichi, Inc. (A)(B)	1,200		10,252
Okabe Company, Ltd.	2,600		13,401
Okamoto Industries, Inc.	600		19,520
Okamura Corp.	2,000		29,481
Okasan Securities Group, Inc.	7,000		37,455
Oki Electric Industry Company, Ltd.	4,700		35,932
Okinawa Cellular Telephone Company	800		18,862
Okinawa Financial Group, Inc.	1,140		19,621
OKUMA Corp.	1,100		52,318
Okumura Corp.	1,200		39,860
Okura Industrial Company, Ltd.	800		16,341
Okuwa Company, Ltd.	1,000		6,264
Onoken Company, Ltd.	1,500		18,544
Onward Holdings Company, Ltd.	7,100		25,196
Optex Group Company, Ltd.	1,900		24,776
Optim Corp. (A)	700		4,790
Optorun Company, Ltd.	1,100		14,977
Organo Corp.	1,100		54,549
Orient Corp.	3,180		22,494
Oriental Shiraishi Corp.	7,600		19,860
Origin Company, Ltd.	600		4,789
Oro Company, Ltd.	700		12,127
Osaka Organic Chemical Industry, Ltd.	800		16,871

 

122

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

International Small Company Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Japan (continued)
Osaka Soda Company, Ltd.	800	$	50,846
Osaka Steel Company, Ltd.	700		10,097
Osaki Electric Company, Ltd.	3,000		13,453
OSG Corp.	3,900		56,180
Outsourcing, Inc. (A)	3,900		45,055
Oyo Corp.	1,300		18,912
Pacific Industrial Company, Ltd.	3,000		33,308
Pacific Metals Company, Ltd. (A)	1,100		9,832
PAL GROUP Holdings Company, Ltd.	1,400		23,813
PALTAC Corp.	1,200		31,906
Paramount Bed Holdings Company, Ltd.	1,600		27,168
Paris Miki Holdings, Inc.	1,100		3,016
Park24 Company, Ltd. (A)	4,200		49,598
Pasona Group, Inc.	1,300		23,915
Penta-Ocean Construction Company, Ltd.	2,300		11,546
PeptiDream, Inc. (A)	3,600		33,796
PIA Corp. (A)	500		10,557
Pickles Holdings Company, Ltd.	800		6,266
Pigeon Corp.	5,500		52,992
Pilot Corp.	1,200		31,187
Piolax, Inc.	2,100		36,818
Pole To Win Holdings, Inc.	2,000		6,761
Premium Group Company, Ltd.	2,400		32,480
Premium Water Holdings, Inc.	400		8,261
Press Kogyo Company, Ltd.	7,000		32,597
Pressance Corp.	700		8,192
Prestige International, Inc.	5,000		22,551
Prima Meat Packers, Ltd.	1,500		22,479
Procrea Holdings, Inc.	2,344		28,774
Pronexus, Inc.	600		4,830
Proto Corp.	1,800		16,732
PS Mitsubishi Construction Company, Ltd.	800		5,533
Punch Industry Company, Ltd.	1,300		3,914
QB Net Holdings Company, Ltd.	1,800		14,573
Qol Holdings Company, Ltd.	1,400		16,040
Quick Company, Ltd.	800		12,507
Raccoon Holdings, Inc.	800		3,244
Raito Kogyo Company, Ltd.	2,400		31,946
Raiznext Corp.	2,000		27,538
Raksul, Inc. (A)	1,200		8,583
Rasa Industries, Ltd.	600		10,797
Raysum Company, Ltd.	300		6,824
Relo Group, Inc.	2,800		22,793
Rengo Company, Ltd.	8,600		65,558
RENOVA, Inc. (A)	1,400		11,502
Resorttrust, Inc.	2,400		41,064
Restar Holdings Corp.	1,600		32,064
Retail Partners Company, Ltd.	300		3,690
Rheon Automatic Machinery Company, Ltd.	1,500		15,377
Ricoh Leasing Company, Ltd.	800		27,867
Riken Keiki Company, Ltd.	1,600		40,324
Riken Technos Corp.	3,000		19,641
Riken Vitamin Company, Ltd.	1,400		23,230
Rion Company, Ltd.	500		9,658
Riso Kyoiku Company, Ltd.	9,300		13,537
Rock Field Company, Ltd.	1,000		11,299
Rokko Butter Company, Ltd.	600		5,523
Roland Corp.	700		21,359
Roland DG Corp.	900		32,161
Rorze Corp.	500		70,633
Round One Corp.	5,500		28,476
Royal Holdings Company, Ltd.	600		9,808
RS Technologies Company, Ltd.	800		16,052

International Small Company Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Japan (continued)
Ryobi, Ltd.	1,400	$	27,844
Ryoden Corp.	1,500		26,530
Ryosan Company, Ltd.	1,100		35,675
S Foods, Inc.	900		20,048
S&B Foods, Inc.	600		17,484
Sac's Bar Holdings, Inc.	600		3,454
Saibu Gas Holdings Company, Ltd.	1,500		18,799
Saint-Care Holding Corp.	1,900		11,304
Sakai Chemical Industry Company, Ltd.	1,400		17,765
Sakai Moving Service Company, Ltd.	1,000		16,812
Sakata INX Corp.	3,100		32,278
Sala Corp.	3,000		16,395
SAMTY Company, Ltd.	1,600		29,232
San ju San Financial Group, Inc.	1,700		23,444
San-A Company, Ltd.	1,300		40,279
San-Ai Obbli Company, Ltd.	3,500		47,702
Sangetsu Corp.	2,100		45,901
Sanken Electric Company, Ltd.	900		39,470
Sanki Engineering Company, Ltd.	2,000		27,826
Sankyo Frontier Company, Ltd.	300		8,417
Sankyo Seiko Company, Ltd.	3,200		15,872
Sankyo Tateyama, Inc.	2,500		15,570
Sankyu, Inc.	1,400		48,185
Sanoh Industrial Company, Ltd.	1,900		14,334
Sanshin Electronics Company, Ltd.	700		9,898
Sanyo Chemical Industries, Ltd.	600		16,726
Sanyo Denki Company, Ltd.	400		18,698
Sanyo Electric Railway Company, Ltd.	1,600		21,963
Sanyo Shokai, Ltd.	700		12,674
Sanyo Special Steel Company, Ltd.	1,400		20,678
Sanyo Trading Company, Ltd.	1,200		11,367
Sato Holdings Corp.	1,700		25,999
Sawai Group Holdings Company, Ltd.	1,800		70,377
SB Technology Corp.	800		11,032
SBI ARUHI Corp.	500		3,099
SBI Global Asset Management Company, Ltd.	1,300		6,300
SBS Holdings, Inc.	900		15,383
Scroll Corp.	2,300		14,453
Seika Corp.	500		12,396
Seikagaku Corp.	1,700		8,530
Seikitokyu Kogyo Company, Ltd.	1,600		19,820
Seiko Group Corp.	1,400		37,726
Seino Holdings Company, Ltd.	3,000		41,175
Seiren Company, Ltd.	1,900		34,568
Sekisui Jushi Corp.	1,600		24,837
Sekisui Kasei Company, Ltd.	2,500		8,269
Senko Group Holdings Company, Ltd.	4,700		35,214
Senshu Electric Company, Ltd.	600		19,800
Senshu Ikeda Holdings, Inc.	17,200		44,676
Senshukai Company, Ltd. (A)	3,300		6,543
Seria Company, Ltd.	2,100		41,514
Shibaura Electronics Company, Ltd.	500		20,595
Shibaura Machine Company, Ltd.	1,600		38,676
Shibaura Mechatronics Corp.	300		12,720
Shibuya Corp.	800		18,417
Shikibo, Ltd.	1,100		8,304
Shikoku Electric Power Company, Inc.	5,200		40,636
Shikoku Kasei Holdings Corp.	3,000		35,033
Shima Seiki Manufacturing, Ltd.	1,200		10,994
Shin Nippon Biomedical Laboratories, Ltd. (B)	1,000		10,147
Shinagawa Refractories Company, Ltd.	3,000		37,705
Shindengen Electric Manufacturing Company, Ltd.	500		10,031

 

123

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

International Small Company Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Japan (continued)
Shin-Etsu Polymer Company, Ltd.	3,000	$	30,541
Shinko Shoji Company, Ltd.	1,900		14,969
Shinmaywa Industries, Ltd.	2,400		19,546
Shinnihon Corp.	2,500		27,377
Shinwa Company, Ltd.	700		12,674
Ship Healthcare Holdings, Inc.	2,600		35,914
Shizuoka Gas Company, Ltd.	4,500		28,135
Shoei Company, Ltd.	1,600		24,185
Shofu, Inc.	600		11,498
Showa Sangyo Company, Ltd.	1,000		22,877
SIGMAXYZ Holdings, Inc.	1,800		20,078
Siix Corp.	1,600		18,266
Sinanen Holdings Company, Ltd.	800		26,283
Sinfonia Technology Company, Ltd.	1,600		32,765
Sinko Industries, Ltd.	1,500		37,918
Sintokogio, Ltd.	3,400		28,391
SKY Perfect JSAT Holdings, Inc.	7,800		53,174
Smaregi, Inc. (A)	400		6,168
SMK Corp.	300		5,166
SMS Company, Ltd.	1,600		27,517
Snow Peak, Inc. (A)	1,200		9,898
Sodick Company, Ltd.	2,400		11,423
Softcreate Holdings Corp.	1,400		17,186
Software Service, Inc.	200		16,779
Soken Chemical & Engineering Company, Ltd.	800		16,916
Solasto Corp.	3,200		11,494
Sotetsu Holdings, Inc.	3,500		62,543
Sparx Group Company, Ltd.	1,480		18,396
S-Pool, Inc.	5,000		10,376
SRA Holdings	600		15,664
SRE Holdings Corp. (A)	400		11,174
ST Corp.	700		7,112
St. Marc Holdings Company, Ltd.	800		11,240
Star Mica Holdings Company, Ltd.	2,200		9,018
Star Micronics Company, Ltd.	2,300		28,161
Starts Corp., Inc.	1,900		39,531
Starzen Company, Ltd.	600		11,212
Stella Chemifa Corp.	800		19,400
Strike Company, Ltd.	700		22,411
Studio Alice Company, Ltd.	900		12,257
Sugimoto & Company, Ltd.	700		10,458
Sumida Corp.	1,600		12,831
Suminoe Textile Company, Ltd.	500		8,585
Sumitomo Bakelite Company, Ltd.	1,400		42,189
Sumitomo Densetsu Company, Ltd.	1,300		28,975
Sumitomo Mitsui Construction Company, Ltd.	6,000		16,879
Sumitomo Osaka Cement Company, Ltd.	1,500		37,527
Sumitomo Pharma Company, Ltd. (A)	3,300		8,649
Sumitomo Riko Company, Ltd.	2,400		21,231
Sumitomo Seika Chemicals Company, Ltd.	500		16,686
Sun Frontier Fudousan Company, Ltd.	2,200		27,203
Suruga Bank, Ltd.	7,300		42,528
SWCC Corp.	1,200		30,012
Systena Corp.	12,200		21,657
Syuppin Company, Ltd.	1,200		9,358
T RAD Company, Ltd.	500		12,985
Tachibana Eletech Company, Ltd.	1,360		29,014
Tachi-S Company, Ltd.	2,400		31,597
Tadano, Ltd.	5,000		42,764
Taihei Dengyo Kaisha, Ltd.	1,000		30,507
Taiheiyo Cement Corp.	2,800		64,488
Taiho Kogyo Company, Ltd.	1,200		7,406

International Small Company Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Japan (continued)
Taikisha, Ltd.	900	$	28,117
Taisei Lamick Company, Ltd.	500		9,744
Taiyo Holdings Company, Ltd.	2,000		44,067
Takamatsu Construction Group Company, Ltd.	1,000		18,627
Takaoka Toko Company, Ltd.	700		11,753
Takara Bio, Inc.	2,100		13,536
Takara Holdings, Inc. (B)	5,700		41,059
Takara Standard Company, Ltd.	2,200		27,861
Takasago International Corp.	1,200		27,268
Takasago Thermal Engineering Company, Ltd.	1,700		54,117
Takashimaya Company, Ltd.	1,100		17,563
Takeuchi Manufacturing Company, Ltd.	1,600		64,138
Takuma Company, Ltd.	3,000		37,261
Tama Home Company, Ltd.	1,000		29,649
Tamron Company, Ltd.	1,100		48,896
Tamura Corp.	6,000		23,592
Tanseisha Company, Ltd.	1,100		6,379
Tatsuta Electric Wire and Cable Company, Ltd. (A)	4,200		19,400
Tayca Corp.	1,500		15,071
TDC Soft, Inc.	2,400		17,595
TechMatrix Corp.	2,000		24,057
Techno Horizon Company, Ltd.	1,400		4,812
Teijin, Ltd.	5,400		49,045
Teikoku Sen-I Company, Ltd.	1,200		18,290
Tekken Corp.	800		14,253
Tenma Corp.	1,000		14,971
Tess Holdings Company, Ltd.	2,400		7,339
T-Gaia Corp.	900		12,106
The 77 Bank, Ltd.	2,100		56,013
The Akita Bank, Ltd.	1,100		15,044
The Awa Bank, Ltd.	2,200		40,444
The Bank of Iwate, Ltd.	1,100		18,646
The Bank of Nagoya, Ltd.	500		21,412
The Bank of Saga, Ltd.	1,000		13,951
The Chiba Kogyo Bank, Ltd.	3,200		22,216
The Chugoku Electric Power Company, Inc.	4,600		34,681
The Ehime Bank, Ltd.	2,100		15,608
The First Bank of Toyama, Ltd.	2,800		17,629
The Fukui Bank, Ltd.	1,800		23,067
The Fukushima Bank, Ltd.	2,100		4,308
The Furukawa Battery Company, Ltd.	1,300		8,698
The Gunma Bank, Ltd. (B)	10,800		61,317
The Hyakugo Bank, Ltd.	9,600		40,632
The Hyakujushi Bank, Ltd.	1,700		32,790
The Japan Steel Works, Ltd.	700		15,620
The Keiyo Bank, Ltd.	4,400		22,016
The Kita-Nippon Bank, Ltd.	700		11,354
The Kiyo Bank, Ltd.	3,800		46,698
The Miyazaki Bank, Ltd.	1,000		19,035
The Monogatari Corp.	1,200		36,847
The Musashino Bank, Ltd.	1,700		32,927
The Nanto Bank, Ltd.	2,000		40,418
The Nippon Road Company, Ltd.	1,000		12,437
The Nisshin Oillio Group, Ltd.	1,200		40,226
The Ogaki Kyoritsu Bank, Ltd.	1,600		23,098
The Oita Bank, Ltd.	900		17,972
The Okinawa Electric Power Company, Inc.	1,990		15,104
The Pack Corp.	800		19,874
The San-In Godo Bank, Ltd.	4,300		33,757

 

124

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

International Small Company Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Japan (continued)
The Shibusawa Warehouse Company, Ltd.	1,000	$	20,017
The Shiga Bank, Ltd.	1,700		46,996
The Shikoku Bank, Ltd.	2,800		22,280
The Shimizu Bank, Ltd.	500		5,304
The Sumitomo Warehouse Company, Ltd.	1,824		30,712
The Tochigi Bank, Ltd.	8,000		19,329
The Toho Bank, Ltd.	12,000		28,446
The Tohoku Bank, Ltd.	400		3,321
The Tottori Bank, Ltd.	400		3,930
The Towa Bank, Ltd.	2,900		13,769
The Yamagata Bank, Ltd.	2,000		15,492
The Yamanashi Chuo Bank, Ltd.	2,000		24,795
Tigers Polymer Corp.	1,000		7,408
TKC Corp.	1,300		31,909
Toa Corp. (Hyogo)	1,400		10,721
Toa Corp. (Tokyo)	4,800		38,487
Toagosei Company, Ltd.	4,300		45,054
Tobishima Corp.	720		7,024
TOC Company, Ltd.	3,400		15,628
Tocalo Company, Ltd.	3,200		37,544
Toda Corp. (B)	8,400		56,198
Toda Kogyo Corp. (A)	300		3,574
Toei Company, Ltd.	500		12,687
Toenec Corp.	600		22,795
Toho Company, Ltd.	600		11,680
Toho Gas Company, Ltd.	2,200		48,709
Toho Holdings Company, Ltd.	2,400		57,034
Toho Titanium Company, Ltd. (B)	1,300		13,505
Toho Zinc Company, Ltd. (A)	800		5,829
Tokai Carbon Company, Ltd.	6,700		44,398
Tokai Corp.	1,200		17,093
TOKAI Holdings Corp.	4,000		26,075
Tokai Rika Company, Ltd.	2,600		44,615
Tokai Tokyo Financial Holdings, Inc.	11,500		45,872
Token Corp.	410		28,560
Tokushu Tokai Paper Company, Ltd.	600		15,766
Tokuyama Corp.	1,800		31,520
Tokyo Base Company, Ltd.	900		1,793
Tokyo Electron Device, Ltd.	600		27,298
Tokyo Energy & Systems, Inc.	2,000		16,202
Tokyo Keiki, Inc.	1,000		17,105
Tokyo Kiraboshi Financial Group, Inc.	1,136		35,246
Tokyo Rope Manufacturing Company, Ltd.	200		1,889
Tokyo Steel Manufacturing Company, Ltd.	2,700		29,607
Tokyo Tekko Company, Ltd.	800		27,801
Tokyo Theatres Company, Inc.	900		6,621
Tokyotokeiba Company, Ltd.	600		17,762
Tokyu Construction Company, Ltd.	3,900		21,305
Tomato Bank, Ltd.	1,100		9,220
Tomen Devices Corp.	200		8,690
Tomoe Corp.	2,200		10,757
Tomoku Company, Ltd.	500		8,695
TOMONY Holdings, Inc.	10,600		29,222
Tomy Company, Ltd.	2,900		52,960
Tonami Holdings Company, Ltd.	500		15,071
Topcon Corp.	4,700		54,331
Topre Corp.	2,300		39,096
Topy Industries, Ltd.	1,300		23,192
Torex Semiconductor, Ltd.	700		8,493
Toridoll Holdings Corp. (B)	1,200		32,770
Torii Pharmaceutical Company, Ltd.	1,100		29,943

International Small Company Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Japan (continued)
Torishima Pump Manufacturing Company, Ltd.	900	$	16,792
Tosei Corp.	2,500		39,640
Toshiba TEC Corp.	1,100		21,924
Tosho Company, Ltd.	1,300		6,123
Totetsu Kogyo Company, Ltd.	1,000		19,743
Towa Corp.	800		53,103
Towa Pharmaceutical Company, Ltd.	1,500		29,076
Toyo Construction Company, Ltd.	3,100		26,573
Toyo Corp.	1,100		11,140
Toyo Denki Seizo KK	600		4,712
Toyo Engineering Corp.	2,200		13,905
Toyo Gosei Company, Ltd. (B)	300		19,232
Toyo Kanetsu KK	400		11,768
Toyo Securities Company, Ltd.	6,000		15,827
Toyo Tanso Company, Ltd.	1,000		53,301
Toyo Tire Corp.	2,000		37,793
Toyo Wharf & Warehouse Company, Ltd.	600		5,522
Toyobo Company, Ltd.	4,093		30,108
TPR Company, Ltd.	1,400		21,819
Trancom Company, Ltd.	400		16,046
Transaction Company, Ltd.	1,700		25,578
Transcosmos, Inc.	1,400		28,568
Trusco Nakayama Corp.	2,200		37,300
TS Tech Company, Ltd.	4,400		55,949
TSI Holdings Company, Ltd.	5,270		27,370
Tsubaki Nakashima Company, Ltd.	2,300		12,612
Tsubakimoto Chain Company	1,200		40,426
Tsugami Corp.	1,600		12,169
Tsukishima Holdings Company, Ltd.	2,000		18,739
Tsukuba Bank, Ltd.	5,700		11,365
Tsumura & Company	2,600		64,728
Tsurumi Manufacturing Company, Ltd.	1,000		24,756
TV Asahi Holdings Corp.	2,000		27,608
UACJ Corp.	1,003		28,693
UBE Corp.	3,000		53,443
Ubicom Holdings, Inc.	500		4,191
Uchida Yoko Company, Ltd.	400		18,284
Union Tool Company	700		20,552
Unipres Corp.	2,600		19,985
United Arrows, Ltd.	1,600		20,646
United Super Markets Holdings, Inc.	2,400		15,820
UNITED, Inc.	2,600		15,227
Unitika, Ltd. (A)	5,900		6,487
Universal Entertainment Corp.	1,200		15,269
Usen-Next Holdings Company, Ltd.	1,300		44,544
Ushio, Inc.	4,400		56,260
UT Group Company, Ltd.	1,500		35,218
V Technology Company, Ltd.	400		6,571
Valor Holdings Company, Ltd.	1,700		27,787
Valqua, Ltd.	1,000		33,494
Value HR Company, Ltd.	1,200		10,596
ValueCommerce Company, Ltd.	900		6,359
Vector, Inc.	3,100		24,046
Vertex Corp.	1,100		12,002
Visional, Inc. (A)	400		25,665
Vital KSK Holdings, Inc.	3,500		28,770
VT Holdings Company, Ltd.	6,600		23,365
Wacoal Holdings Corp.	1,900		46,409
Wacom Company, Ltd.	2,700		11,589
Wakachiku Construction Company, Ltd.	900		21,589
Wakita & Company, Ltd.	2,300		24,290
Warabeya Nichiyo Holdings Company, Ltd.	900		16,297

 

125

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

International Small Company Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Japan (continued)
Watahan & Company, Ltd.	600	$	6,153
WDB Holdings Company, Ltd.	700		10,653
Weathernews, Inc.	300		10,129
Wellneo Sugar Company, Ltd.	1,100		16,799
West Holdings Corp.	716		13,579
Will Group, Inc.	1,200		8,386
WingArc1st, Inc.	1,500		30,199
World Company, Ltd.	700		9,685
World Holdings Company, Ltd.	600		10,139
Wowow, Inc.	600		4,477
Xebio Holdings Company, Ltd.	2,800		17,868
Yahagi Construction Company, Ltd.	2,000		20,470
Yaizu Suisankagaku Industry Company, Ltd.	1,100		10,331
YAKUODO Holdings Company, Ltd.	700		12,169
YAMABIKO Corp.	2,400		31,860
YAMADA Consulting Group Company, Ltd.	1,100		12,873
Yamae Group Holdings Company, Ltd.	1,000		18,300
Yamaguchi Financial Group, Inc.	5,100		51,807
Yamaichi Electronics Company, Ltd.	1,700		27,168
Yamazen Corp.	3,900		34,467
Yaoko Company, Ltd.	300		18,039
Yasuda Logistics Corp.	1,400		11,147
Yellow Hat, Ltd.	2,000		26,178
Yodogawa Steel Works, Ltd.	1,200		36,321
Yokogawa Bridge Holdings Corp.	2,100		40,506
Yokorei Company, Ltd.	2,900		19,748
Yokowo Company, Ltd.	1,200		12,207
Yomeishu Seizo Company, Ltd.	500		6,179
Yondoshi Holdings, Inc.	1,300		15,947
Yonex Company, Ltd.	2,100		15,361
Yorozu Corp.	1,800		11,491
Yoshinoya Holdings Company, Ltd.	2,500		55,750
Yuasa Trading Company, Ltd.	1,100		38,437
Yukiguni Maitake Company, Ltd.	1,000		6,975
Yurtec Corp.	2,000		19,578
Yushiro Chemical Industry Company, Ltd.	1,100		16,191
Zenrin Company, Ltd.	1,950		10,975
Zeon Corp.	3,800		33,100
ZERIA Pharmaceutical Company, Ltd.	1,200		16,811
ZIGExN Company, Ltd.	7,000		27,879
			25,463,341
Jersey, Channel Islands - 0.1%
Centamin PLC	57,981		82,576
Jordan - 0.1%
Hikma Pharmaceuticals PLC	3,966		95,941
Liechtenstein - 0.1%
Liechtensteinische Landesbank AG	726		59,055
VP Bank AG, Class A	188		19,577
			78,632
Luxembourg - 0.5%
ADLER Group SA (A)(D)	776		150
APERAM SA	1,921		60,724
Aroundtown SA (A)	36,871		77,727
B&S Group Sarl (D)	983		3,903
Befesa SA (D)	1,789		61,495
d'Amico International Shipping SA	6,428		44,147
Grand City Properties SA	3,748		42,865
IVS Group SA	2,104		14,685
L'Occitane International SA	10,750		43,510
RTL Group SA	933		31,479
SES SA	17,911		119,384

International Small Company Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Luxembourg (continued)
Sword Group	278	$	11,297
			511,366
Macau - 0.0%
MECOM Power and Construction, Ltd. (A)	87,750		1,953
Malaysia - 0.0%
Frencken Group, Ltd.	15,400		19,048
Malta - 0.0%
Catena Media PLC (A)(B)	3,412		3,395
Mauritius - 0.0%
Capital, Ltd.	9,014		10,265
Mexico - 0.0%
Fresnillo PLC	1,387		8,215
Netherlands - 1.9%
Aalberts NV	4,048		194,626
Acomo NV	876		16,606
Alfen N.V. (A)(B)(D)	681		36,689
AMG Critical Materials NV	1,350		30,659
Arcadis NV	3,031		185,618
Basic-Fit NV (A)(B)(D)	2,099		46,817
BE Semiconductor Industries NV	2,921		447,436
Brack Capital Properties NV (A)	230		14,505
Brunel International NV (B)	1,169		12,843
Corbion NV	587		12,550
CTP NV (D)	2,684		47,880
Flow Traders, Ltd.	1,631		32,163
ForFarmers NV	2,398		6,705
Fugro NV (A)	7,384		181,006
Innoconcepts NV (A)(C)	10,527		0
Just Eat Takeaway.com NV (A)(D)	737		10,923
Kendrion NV	1,152		17,086
Koninklijke BAM Groep NV	15,496		58,751
Koninklijke Heijmans NV	2,278		42,198
Koninklijke Vopak NV	2,374		91,558
Nedap NV	225		16,398
OCI NV	1,851		50,734
Pharming Group NV (A)	30,666		33,703
PostNL NV (B)	15,748		21,447
PPHE Hotel Group, Ltd.	592		10,583
SBM Offshore NV	5,505		87,924
SIF Holding NV (A)	588		6,776
Signify NV (D)	5,215		160,542
Sligro Food Group NV (B)	1,151		17,419
TKH Group NV	1,628		69,403
TomTom NV (A)(B)	3,258		26,032
Van Lanschot Kempen NV	1,179		40,100
			2,027,680
New Zealand - 0.3%
Air New Zealand, Ltd.	37,974		13,722
Arvida Group, Ltd.	13,293		8,822
Channel Infrastructure NZ, Ltd.	11,354		10,319
Chorus, Ltd.	3,784		17,386
Delegat Group, Ltd.	1,200		4,731
Freightways Group, Ltd.	5,690		30,099
Gentrack Group, Ltd. (A)	3,060		16,241
Hallenstein Glasson Holdings, Ltd.	3,354		12,915
Heartland Group Holdings, Ltd.	24,029		18,400
Investore Property, Ltd.	14,352		9,958
KMD Brands, Ltd.	25,838		8,499
Manawa Energy, Ltd.	1,665		4,525
NZME, Ltd.	13,259		7,606
NZX, Ltd.	17,320		10,852
Oceania Healthcare, Ltd.	41,920		15,805

 

126

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

International Small Company Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
New Zealand (continued)
Pacific Edge, Ltd. (A)	27,936	$	1,416
PGG Wrightson, Ltd.	819		1,067
Restaurant Brands New Zealand, Ltd.	886		1,851
Sanford, Ltd.	2,767		6,334
Scales Corp., Ltd.	5,176		10,361
Serko, Ltd. (A)	2,827		6,567
Skellerup Holdings, Ltd.	7,637		20,621
SKY Network Television, Ltd.	6,265		10,583
SKYCITY Entertainment Group, Ltd.	20,410		25,393
Summerset Group Holdings, Ltd.	5,319		36,235
Synlait Milk, Ltd. (A)(B)	5,495		2,470
The Warehouse Group, Ltd.	9,894		9,162
Tourism Holdings, Ltd.	6,828		12,985
TOWER, Ltd. (A)	11,445		4,746
Vista Group International, Ltd. (A)	7,682		9,169
			348,840
Norway - 0.8%
ABG Sundal Collier Holding ASA	24,237		13,571
AF Gruppen ASA	717		9,209
Akastor ASA	6,104		6,208
Aker Carbon Capture ASA (A)(B)	4,495		2,407
AMSC ASA	1,661		4,160
ArcticZymes Technologies ASA (A)	962		2,596
Atea ASA (A)	3,574		42,791
Austevoll Seafood ASA	4,868		38,300
Avance Gas Holding, Ltd. (D)	1,658		18,937
Axactor ASA (A)	14,729		6,355
B2 Impact ASA	23,929		17,611
Belships ASA	10,010		19,298
BLUENORD ASA (A)	912		48,230
Bonheur ASA	1,411		31,188
Bouvet ASA	3,002		17,176
BW Offshore, Ltd.	4,568		11,417
Cloudberry Clean Energy ASA (A)	5,431		4,968
Crayon Group Holding ASA (A)(B)(D)	1,983		14,566
DNO ASA	18,710		16,948
Elmera Group ASA (D)	5,860		18,677
Europris ASA (D)	8,327		59,970
FLEX LNG, Ltd.	294		7,336
Gram Car Carriers ASA (A)	561		10,323
Grieg Seafood ASA (B)	2,264		14,186
Hexagon Composites ASA (A)	6,450		11,173
Hexagon Purus ASA (A)	2,213		1,272
Kid ASA (D)	1,128		14,733
Kitron ASA	9,158		28,716
LINK Mobility Group Holding ASA (A)	14,986		27,375
Medistim ASA	352		6,047
MPC Container Ships ASA (B)	15,398		17,840
Multiconsult ASA (D)	554		7,544
Norske Skog ASA (B)(D)	1,815		5,622
Norwegian Air Shuttle ASA (A)	11,101		16,775
Odfjell Drilling, Ltd.	4,970		22,386
Panoro Energy ASA	3,699		9,178
Pareto Bank ASA	1,457		7,904
PGS ASA (A)	22,374		16,303
PhotoCure ASA (A)	2,625		13,321
PoLight ASA (A)(B)(D)	3,259		1,150
Protector Forsikring ASA	2,110		44,196
Scatec ASA (D)	4,993		33,235
Selvaag Bolig ASA	1,842		6,182
Sparebank 1 Oestlandet	758		8,690
SpareBank 1 Sorost-Norge	4,392		27,157
Sparebanken More	1,230		10,347
Veidekke ASA	5,117		55,614
Volue ASA (A)	3,279		9,027

International Small Company Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Norway (continued)
Wilh Wilhelmsen Holding ASA, Class A	390	$	12,554
XXL ASA (A)(D)	19,159		1,662
			852,431
Peru - 0.0%
Hochschild Mining PLC (A)	16,530		26,497
Poland - 0.1%
InPost SA (A)	2,875		44,280
Portugal - 0.4%
Altri SGPS SA (B)	6,511		36,709
Banco Comercial Portugues SA (A)	308,962		104,226
Corticeira Amorim SGPS SA	2,100		22,270
CTT-Correios de Portugal SA	8,914		39,717
Greenvolt-Energias Renovaveis SA (A)	2,312		20,359
Mota-Engil SGPS SA	5,636		29,272
NOS SGPS SA	10,693		41,820
REN - Redes Energeticas Nacionais SGPS SA	21,605		51,316
Sonae SGPS SA	34,734		32,963
The Navigator Company SA	12,847		56,177
			434,829
Singapore - 1.0%
AEM Holdings, Ltd.	9,100		14,760
Banyan Tree Holdings, Ltd. (A)	19,800		5,649
Best World International, Ltd. (A)	3,974		6,240
Boustead Singapore, Ltd.	10,000		7,108
Bukit Sembawang Estates, Ltd.	11,000		25,661
BW LPG, Ltd. (D)	4,059		45,281
Capitaland India Trust	50,467		39,243
China Aviation Oil Singapore Corp., Ltd.	14,400		9,654
ComfortDelGro Corp., Ltd.	69,000		71,527
COSCO Shipping International Singapore Company, Ltd. (A)	58,900		6,329
CSE Global, Ltd.	34,000		10,826
Delfi, Ltd.	21,900		14,600
Ezion Holdings, Ltd. (A)(C)	131,300		0
Far East Orchard, Ltd.	5,140		3,805
First Resources, Ltd.	19,300		19,582
Fraser and Neave, Ltd.	8,600		6,625
Gallant Venture, Ltd. (A)	71,000		6,829
Golden Agri-Resources, Ltd.	183,600		36,720
GuocoLand, Ltd.	10,400		11,552
Haw Par Corp., Ltd.	4,700		33,696
Ho Bee Land, Ltd.	11,400		14,352
Hong Fok Corp., Ltd.	20,100		12,353
Hong Leong Finance, Ltd.	12,900		23,795
Hyflux, Ltd. (A)	24,000		0
iFAST Corp., Ltd.	7,000		34,545
IGG, Inc. (A)	38,000		16,048
Indofood Agri Resources, Ltd.	25,000		5,554
Japfa, Ltd.	22,700		4,454
Kenon Holdings, Ltd.	413		10,815
Keppel Infrastructure Trust	112,549		41,257
Metro Holdings, Ltd.	31,600		11,473
Midas Holdings, Ltd. (A)(C)	86,000		10,395
Nanofilm Technologies International, Ltd.	6,500		3,441
NetLink NBN Trust	91,100		57,684
Oceanus Group, Ltd. (A)	1,035,500		6,146
OM Holdings, Ltd.	10,791		3,059
OUE, Ltd.	11,100		8,960
Oxley Holdings, Ltd. (A)	27,222		1,755
Raffles Medical Group, Ltd.	35,758		27,548
SATS, Ltd. (A)	22,207		42,765
SBS Transit, Ltd.	5,000		9,625

 

127

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

International Small Company Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Singapore (continued)
Sheng Siong Group, Ltd.	29,900	$	33,884
SIA Engineering Company, Ltd.	12,800		21,427
SIIC Environment Holdings, Ltd.	35,800		4,347
Sinarmas Land, Ltd.	94,200		11,301
Singapore Land Group, Ltd.	7,100		9,410
Singapore Post, Ltd.	66,100		20,564
Stamford Land Corp., Ltd.	69,044		20,201
StarHub, Ltd.	25,600		22,373
Straits Trading Company, Ltd.	1,416		1,542
Swiber Holdings, Ltd. (A)(C)	15,000		0
The Hour Glass, Ltd.	10,100		11,971
Thomson Medical Group, Ltd.	212,000		8,165
UMS Holdings, Ltd.	36,400		36,389
UOB-Kay Hian Holdings, Ltd.	16,691		17,064
Venture Corp., Ltd.	7,100		75,043
Wing Tai Holdings, Ltd.	21,205		22,141
Yeo Hiap Seng, Ltd.	1,129		489
			1,038,022
Spain - 2.2%
Acerinox SA	7,076		77,707
Aedas Homes SA (D)	426		7,985
Almirall SA	4,308		38,422
Amper SA (A)(B)	111,435		9,836
Applus Services SA	6,225		76,763
Atresmedia Corp. de Medios de Comunicacion SA	6,046		28,933
Banco de Sabadell SA	135,041		212,444
Bankinter SA (B)	29,334		214,930
Caja de Ahorros del Mediterraneo (A)(C)	5,428		0
Cia de Distribucion Integral Logista Holdings SA	2,710		75,739
CIE Automotive SA	1,829		52,456
Construcciones y Auxiliar de Ferrocarriles SA	1,139		41,542
Distribuidora Internacional de Alimentacion SA (A)	1,566,729		21,288
Ebro Foods SA	2,006		33,436
eDreams ODIGEO SA (A)	4,905		35,689
Elecnor SA	2,026		42,167
Enagas SA	9,373		139,244
Ence Energia y Celulosa SA	6,294		21,918
Ercros SA	5,006		18,976
Faes Farma SA	13,532		45,936
Fluidra SA	2,959		70,025
Gestamp Automocion SA (D)	7,287		23,401
Global Dominion Access SA (D)	5,439		19,783
Grenergy Renovables SA (A)	573		15,043
Grifols SA (A)	2,322		20,886
Grupo Catalana Occidente SA	1,834		70,250
Grupo Empresarial San Jose SA	2,194		9,566
Iberpapel Gestion SA	65		1,304
Indra Sistemas SA	6,513		134,980
Laboratorios Farmaceuticos Rovi SA	1,133		98,870
Linea Directa Aseguradora SA Cia de Seguros y Reaseguros	27,501		27,494
Mapfre SA	36,878		93,234
Melia Hotels International SA (A)	4,842		39,134
Neinor Homes SA (A)(D)	1,978		21,689
Obrascon Huarte Lain SA (A)	19,608		7,405
Pharma Mar SA	409		12,668
Promotora de Informaciones SA, Class A (A)	11,711		4,267
Prosegur Cash SA (D)	35,886		18,550
Prosegur Cia de Seguridad SA (B)	9,830		16,258
Realia Business SA	17,710		19,523

International Small Company Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Spain (continued)
Sacyr SA	18,196	$	67,203
Solaria Energia y Medio Ambiente SA (A)	2,636		28,759
Soltec Power Holdings SA (A)	2,101		5,083
Talgo SA (D)	4,940		23,953
Tecnicas Reunidas SA (A)	1,205		9,781
Tubacex SA	6,252		22,507
Unicaja Banco SA (D)	44,382		54,996
Vidrala SA	911		94,579
Viscofan SA	1,612		102,472
			2,329,074
Sweden - 2.6%
AcadeMedia AB (D)	3,665		16,610
AddLife AB, B Shares	2,462		25,749
AddNode Group AB	5,860		62,608
AFRY AB	3,857		61,583
Alimak Group AB (D)	4,282		39,183
Alleima AB	7,527		50,803
Alligo AB, Class B	2,270		32,646
Ambea AB (D)	5,569		33,154
Annehem Fastigheter AB, B Shares (A)	1,732		2,958
AQ Group AB	505		25,249
Arjo AB, B Shares	10,690		51,052
Attendo AB (A)(D)	5,286		20,144
Balco Group AB	665		2,561
Beijer Alma AB	2,393		43,242
Bergman & Beving AB	2,270		44,460
Betsson AB, Class B (A)	5,105		50,513
BHG Group AB (A)	2,406		4,155
Bilia AB, A Shares	2,411		30,900
BioInvent International AB (A)	2,250		3,572
Biotage AB	1,300		22,081
Bonava AB, B Shares (A)	9,969		9,858
BTS Group AB, B Shares	346		10,578
Bufab AB	1,460		57,267
Bulten AB	717		4,921
Bure Equity AB	2,057		65,926
Byggmax Group AB (A)	5,363		18,040
Catella AB	2,217		6,309
Catena AB	1,429		69,821
Cellavision AB	999		22,295
Cibus Nordic Real Estate AB	1,681		22,032
Clas Ohlson AB, B Shares	3,185		43,114
Cloetta AB, B Shares	10,640		18,082
Coor Service Management Holding AB (D)	5,027		23,560
Corem Property Group AB, B Shares	14,214		14,478
Corem Property Group AB, D Shares	408		8,842
CTT Systems AB	566		17,551
Dios Fastigheter AB	3,582		28,818
Dustin Group AB (A)(D)	19,916		23,505
Elanders AB, B Shares	1,468		17,122
Electrolux Professional AB, B Shares	9,620		62,914
Enea AB (A)	1,522		7,327
Fagerhult Group AB	4,609		31,826
Fastighets AB Trianon (A)	1,452		2,546
FastPartner AB, A Shares	2,697		19,398
Ferronordic AB	318		2,053
Fingerprint Cards AB, B Shares (A)	21,915		2,149
G5 Entertainment AB	330		4,003
Granges AB	5,521		59,726
Green Landscaping Group AB (A)(D)	1,593		11,271
Heba Fastighets AB, Class B	4,570		14,815
Hemnet Group AB	734		22,459
HMS Networks AB	884		38,286

 

128

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

International Small Company Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Sweden (continued)
Hoist Finance AB (A)(D)	2,083	$	10,343
Humana AB (A)	2,641		6,054
Instalco AB (B)	7,730		30,524
Inwido AB	3,126		42,589
JM AB	2,484		50,790
Karnov Group AB (A)	3,501		21,618
K-fast Holding AB (A)	1,142		2,273
KNOW IT AB	1,459		21,538
Lime Technologies AB	558		19,662
Lindab International AB	3,819		82,109
Loomis AB	568		15,854
Medcap AB (A)	576		20,555
MEKO AB	2,150		24,220
Modern Times Group MTG AB, B Shares (A)	2,851		22,261
Momentum Group AB	2,270		27,463
NCAB Group AB	4,318		28,272
NCC AB, B Shares	3,723		51,238
Nederman Holding AB	887		14,527
Net Insight AB, B Shares (A)	16,550		9,149
New Wave Group AB, B Shares	5,928		70,898
Nobia AB (A)	6,676		2,745
Nolato AB, B Shares (B)	6,748		30,154
Nordic Paper Holding AB	2,488		12,355
Nordic Waterproofing Holding AB	2,002		30,705
Note AB (A)(B)	776		10,474
NP3 Fastigheter AB	1,683		34,739
Nyfosa AB	5,830		57,501
OEM International AB, B Shares	4,726		46,363
Orron Energy AB (A)(B)	7,422		4,930
Peab AB, Class B	4,540		28,537
Platzer Fastigheter Holding AB, Series B	3,454		29,697
Pricer AB, B Shares (A)	11,102		10,610
Proact IT Group AB	1,428		14,751
Ratos AB, B Shares	8,255		27,127
RaySearch Laboratories AB (A)	2,452		26,336
Resurs Holding AB (D)	6,236		9,057
RVRC Holding AB	4,158		26,560
Scandi Standard AB	4,648		31,087
Scandic Hotels Group AB (A)(B)(D)	5,932		34,669
Sdiptech AB, Class B (A)	738		17,963
Sensys Gatso Group AB (A)	293		2,216
Sinch AB (A)(B)(D)	15,533		38,934
SkiStar AB (B)	2,041		30,766
Solid Forsakring AB	623		4,045
Stendorren Fastigheter AB (A)	1,288		22,113
Stillfront Group AB (A)	19,809		17,624
Storskogen Group AB, Class B	39,199		20,864
Systemair AB	5,178		36,951
Tethys Oil AB	2,334		7,754
Troax Group AB	1,308		30,082
Truecaller AB, Class B (A)	9,962		30,454
VBG Group AB, B Shares	630		18,453
Viaplay Group AB (A)	12,648		1,120
Vitec Software Group AB, B Shares	1,147		59,576
Volati AB	786		9,168
XANO Industri AB, Class B	694		5,489
			2,778,021
Switzerland - 7.5%
Accelleron Industries AG	3,967		148,592
Adecco Group AG	7,884		311,910
Allreal Holding AG	643		110,428
ALSO Holding AG	431		111,854
Aluflexpack AG (A)	549		9,237
APG SGA SA	84		20,580

International Small Company Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Switzerland (continued)
Arbonia AG (B)	2,962	$	39,602
Aryzta AG (A)	46,280		84,036
Ascom Holding AG	1,310		11,939
Autoneum Holding AG (A)	276		49,420
Avolta AG (A)	3,848		160,221
Baloise Holding AG	1,848		289,779
Banque Cantonale de Geneve, Bearer Shares	142		45,345
Banque Cantonale Vaudoise	779		90,626
Basilea Pharmaceutica AG (A)	468		19,538
Belimo Holding AG	521		255,700
Bell Food Group AG	138		41,356
Bellevue Group AG	467		10,937
Berner Kantonalbank AG	246		66,581
BKW AG	658		101,112
Bossard Holding AG, Class A	248		60,108
Bucher Industries AG	333		146,431
Burckhardt Compression Holding AG	163		102,203
Bystronic AG	74		39,135
Calida Holding AG	285		9,237
Carlo Gavazzi Holding AG	38		13,712
Cembra Money Bank AG	1,485		124,383
Cie Financiere Tradition SA, Bearer Shares	105		15,994
Clariant AG (A)	8,951		121,107
Coltene Holding AG (A)	198		12,659
Comet Holding AG	361		125,587
Daetwyler Holding AG, Bearer Shares	281		57,890
DKSH Holding AG	932		63,451
dormakaba Holding AG	178		93,612
EFG International AG (A)	4,687		58,684
Emmi AG	86		85,330
Energiedienst Holding AG	979		42,930
Feintool International Holding AG	426		8,976
Fenix Outdoor International AG	225		14,508
Flughafen Zurich AG	963		218,669
Forbo Holding AG	39		49,804
Fundamenta Real Estate AG (A)	1,563		27,205
Galenica AG (D)	2,404		200,604
GAM Holding AG (A)	5,497		1,595
Georg Fischer AG	3,955		293,328
Gurit Holding AG, Bearer Shares (A)	220		16,152
Helvetia Holding AG	1,796		247,616
Hiag Immobilien Holding AG	325		28,553
HOCHDORF Holding AG (A)	16		131
Huber + Suhner AG	515		43,485
Hypothekarbank Lenzburg AG	3		14,044
Implenia AG	770		27,907
Ina Invest Holding AG (A)	199		3,757
Inficon Holding AG	105		153,229
Interroll Holding AG	30		99,694
Intershop Holding AG	54		38,811
Investis Holding SA	160		17,242
IWG PLC (A)	42,822		104,134
Jungfraubahn Holding AG	269		53,872
Kardex Holding AG	299		83,940
Komax Holding AG	228		44,187
Kongsberg Automotive ASA (A)	23,611		3,281
Kudelski SA, Bearer Shares (A)	2,497		4,372
Landis+Gyr Group AG (A)	1,125		86,350
LEM Holding SA	25		47,310
Luzerner Kantonalbank AG	934		73,240
Medacta Group SA (D)	308		41,847
medmix AG (D)	877		15,562
Metall Zug AG, B Shares	12		17,569

 

129

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

International Small Company Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Switzerland (continued)
Mobilezone Holding AG	2,336	$	38,487
Mobimo Holding AG	387		111,253
Novavest Real Estate AG (A)	469		17,651
OC Oerlikon Corp. AG	8,368		36,889
Orascom Development Holding AG (A)	533		2,779
Orior AG	425		31,351
Peach Property Group AG (A)	212		2,818
Phoenix Mecano AG (A)	38		19,217
Plazza AG, Class A	68		23,219
PSP Swiss Property AG	2,283		299,275
Rieter Holding AG	251		36,248
Romande Energie Holding SA	850		50,666
Schweiter Technologies AG	58		32,657
Sensirion Holding AG (A)(D)	141		10,425
SFS Group AG	898		118,074
Siegfried Holding AG (A)	212		216,473
SIG Group AG (A)	517		11,464
SKAN Group AG	181		17,129
Softwareone Holding AG (A)	4,165		76,811
St. Galler Kantonalbank AG	147		79,213
Stadler Rail AG	1,523		48,556
Sulzer AG	869		105,758
Swiss Prime Site AG	3,767		355,286
Swiss Steel Holding AG (A)	39,436		3,144
Swissquote Group Holding SA	465		130,365
Temenos AG	2,922		209,010
TX Group AG	201		33,199
u-blox Holding AG (A)	431		41,514
Valiant Holding AG	866		101,603
Vaudoise Assurances Holding SA	64		31,862
Vetropack Holding AG	822		29,676
Vontobel Holding AG	1,192		72,274
VZ Holding AG	733		89,434
V-ZUG Holding AG (A)	120		7,927
Walliser Kantonalbank	203		26,006
Warteck Invest AG	8		16,290
Ypsomed Holding AG	225		89,893
Zehnder Group AG	615		40,753
Zug Estates Holding AG, B Shares	16		32,278
Zuger Kantonalbank AG, Bearer Shares	9		79,833
			8,008,980
Taiwan - 0.0%
FIT Hon Teng, Ltd. (A)(D)	49,000		12,543
Thailand - 0.0%
Kerry Express Thailand PCL (A)	8,281		1,149
United Arab Emirates - 0.1%
Network International Holdings PLC (A)(D)	4,888		24,243
Shelf Drilling, Ltd. (A)(D)	10,196		24,089
			48,332
United Kingdom - 12.1%
4imprint Group PLC	1,523		121,588
A.G. Barr PLC	4,718		34,671
abrdn PLC	38,310		68,244
Accesso Technology Group PLC (A)	2,349		15,880
Advanced Medical Solutions Group PLC	6,389		15,813
AJ Bell PLC	11,487		43,712
Alfa Financial Software Holdings PLC (D)	4,048		8,665
Alliance Pharma PLC	24,062		12,082
Anglo-Eastern Plantations PLC	1,225		10,744
AO World PLC (A)	10,559		13,403
Ascential PLC (A)(B)	23,917		91,565
Ashmore Group PLC	22,693		56,170

International Small Company Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
United Kingdom (continued)
Ashtead Technology Holdings PLC	2,347	$	22,509
Aston Martin Lagonda Global Holdings PLC (A)(D)	4,390		9,385
Auction Technology Group PLC (A)	1,706		13,304
Avon Protection PLC	1,565		21,353
Babcock International Group PLC	28,937		189,902
Bakkavor Group PLC (D)	5,579		7,604
Balfour Beatty PLC	28,524		137,629
Bank of Georgia Group PLC	2,491		158,512
Beazley PLC	24,863		209,070
Begbies Traynor Group PLC	6,626		8,953
Bellway PLC	6,212		208,386
Bloomsbury Publishing PLC	4,265		28,388
Bodycote PLC	7,984		69,979
Boohoo Group PLC (A)(B)	3,748		1,699
BRAEMAR PLC	1,328		4,408
Breedon Group PLC	8,626		41,771
Bridgepoint Group PLC (D)	2,107		6,895
Britvic PLC	12,150		125,838
Brooks Macdonald Group PLC	427		9,751
Bytes Technology Group PLC	12,866		83,021
Capita PLC (A)	91,929		15,308
Capricorn Energy PLC	7,567		16,720
Card Factory PLC (A)	14,688		17,119
Carillion PLC (A)(C)	35,521		4,299
Carr's Group PLC	6,569		9,477
Central Asia Metals PLC	8,189		20,374
Chemring Group PLC	13,921		63,655
Chesnara PLC	7,709		25,609
City of London Investment Group PLC	2,068		8,172
Clarkson PLC	1,348		68,272
Close Brothers Group PLC	7,281		38,456
CMC Markets PLC (D)	7,009		19,244
Coats Group PLC	80,166		82,035
Cohort PLC	1,758		14,908
Computacenter PLC	3,991		135,690
Concentric AB	1,680		30,022
Costain Group PLC	4,797		4,531
Cranswick PLC	2,797		144,746
Crest Nicholson Holdings PLC	13,693		33,336
Currys PLC (A)	46,489		35,633
CVS Group PLC	2,750		33,806
Darktrace PLC (A)	15,373		84,853
De La Rue PLC (A)	9,176		9,465
Debenhams PLC (A)(C)	76,182		0
Deliveroo PLC (A)(D)	14,151		21,146
DFS Furniture PLC	12,509		17,427
Dialight PLC (A)	105		231
Diploma PLC	3,735		175,438
Direct Line Insurance Group PLC (A)	32,903		80,978
DiscoverIE Group PLC	5,627		53,624
Domino's Pizza Group PLC	18,477		80,279
dotdigital Group PLC	12,814		13,854
Dr. Martens PLC	12,054		13,386
Drax Group PLC	19,800		125,629
DS Smith PLC	32,944		164,791
Dunelm Group PLC	5,320		76,229
easyJet PLC	4,377		31,506
ECORA RESOURCES PLC	12,147		11,740
EKF Diagnostics Holdings PLC	8,242		2,875
Elementis PLC (A)	32,864		61,561
Energean PLC	5,147		71,021
EnQuest PLC (A)	115,537		20,558
Essentra PLC	14,966		33,242
FDM Group Holdings PLC	4,489		19,496

 

130

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

International Small Company Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
United Kingdom (continued)
Fevertree Drinks PLC	791	$	11,984
Firstgroup PLC	42,968		97,899
Foresight Group Holdings, Ltd.	2,196		12,334
Forterra PLC (D)	10,957		23,796
Foxtons Group PLC	23,551		16,268
Frasers Group PLC (A)	6,534		67,048
Frontier Developments PLC (A)	1,107		1,970
Fuller Smith & Turner PLC, Class A	1,525		11,336
Funding Circle Holdings PLC (A)(D)	3,849		2,116
Future PLC	1,046		8,100
Galliford Try Holdings PLC	5,675		17,245
Games Workshop Group PLC	1,582		200,496
Gamma Communications PLC	3,729		64,392
GB Group PLC	2,949		10,141
Gem Diamonds, Ltd. (A)	12,666		1,373
Genel Energy PLC	4,784		5,022
Genuit Group PLC	12,035		66,852
Gooch & Housego PLC	1,681		11,024
Grainger PLC	32,286		104,991
Greggs PLC	5,120		185,719
Gulf Keystone Petroleum, Ltd. (A)	11,237		16,061
Halfords Group PLC	15,547		31,402
Harbour Energy PLC	25,115		87,468
Hargreaves Lansdown PLC	12,955		120,236
Harworth Group PLC	6,530		11,413
Hays PLC	77,290		92,281
Headlam Group PLC	6,602		14,684
Helical PLC	6,424		16,854
Helios Towers PLC (A)	21,114		25,152
Henry Boot PLC (B)	5,301		12,011
Hill & Smith PLC	4,670		115,357
Hilton Food Group PLC	3,867		41,066
Hollywood Bowl Group PLC	8,153		33,906
Howden Joinery Group PLC	13,189		150,977
Hunting PLC	8,331		34,802
Ibstock PLC (D)	19,043		36,215
IDOX PLC	10,437		8,246
IG Group Holdings PLC	10,589		97,701
IMI PLC	5,982		137,040
Impax Asset Management Group PLC	4,165		24,420
Inchcape PLC	19,351		177,167
Indivior PLC (A)	4,014		85,781
IntegraFin Holdings PLC	12,246		42,876
International Distributions Services PLC (A)	28,233		81,605
International Personal Finance PLC	12,526		17,236
iomart Group PLC	2,265		4,151
IP Group PLC	38,897		23,394
IQE PLC (A)(B)	39,142		10,363
ITV PLC	154,019		143,732
J.D. Wetherspoon PLC (A)	6,703		62,121
James Fisher & Sons PLC (A)	2,814		9,266
James Halstead PLC	11,052		27,987
JET2 PLC	6,865		124,966
John Wood Group PLC (A)	34,072		56,835
Johnson Matthey PLC	6,489		146,640
Johnson Service Group PLC	24,380		40,394
Jupiter Fund Management PLC	22,824		25,541
Just Group PLC	56,562		75,043
Kainos Group PLC	4,099		50,124
Keller Group PLC	4,206		55,634
Kier Group PLC (A)	22,531		37,499
Kin & Carta PLC (A)	5,938		9,650
Kingfisher PLC	4,114		12,948
Kitwave Group PLC	3,226		15,150

International Small Company Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
United Kingdom (continued)
Knights Group Holdings PLC	2,269	$	3,665
Lancashire Holdings, Ltd.	12,940		100,935
Learning Technologies Group PLC	21,193		22,874
Liontrust Asset Management PLC	3,242		27,499
Luceco PLC (D)	1,922		3,375
M&C Saatchi PLC	253		555
Macfarlane Group PLC	6,288		10,716
Man Group PLC	60,987		205,745
Marks & Spencer Group PLC	77,175		258,449
Marshalls PLC	3,831		13,265
Marston's PLC (A)	37,566		13,425
McBride PLC (A)	14,770		18,535
ME Group International PLC	18,684		39,284
Mears Group PLC	8,289		38,588
Metro Bank Holdings PLC (A)(B)	9,741		3,959
Midwich Group PLC	1,327		7,216
Mitchells & Butlers PLC (A)	16,776		47,777
Mitie Group PLC	61,066		80,804
MJ Gleeson PLC	2,770		16,765
Mobico Group PLC	21,097		18,519
Moneysupermarket.com Group PLC	27,587		76,512
Moonpig Group PLC (A)	11,812		25,206
Morgan Advanced Materials PLC	8,676		31,179
Morgan Sindall Group PLC	2,207		64,628
Mortgage Advice Bureau Holdings, Ltd.	1,276		14,637
MP Evans Group PLC	1,384		14,177
N. Brown Group PLC (A)	9,633		1,950
NCC Group PLC	17,294		27,134
Next 15 Group PLC	3,756		43,727
Ninety One PLC	15,140		32,607
Norcros PLC	6,666		15,479
Odfjell Technology, Ltd.	828		4,944
On the Beach Group PLC (A)(D)	5,451		11,369
OSB Group PLC	19,598		93,621
Oxford Instruments PLC	3,076		82,216
Pagegroup PLC	17,115		96,873
Pan African Resources PLC	85,815		24,405
Paragon Banking Group PLC	11,963		104,299
PayPoint PLC	4,705		28,928
Pennon Group PLC	11,961		97,678
Persimmon PLC	8,864		146,969
Petrofac, Ltd. (A)(B)	2,120		734
Pets at Home Group PLC	22,046		74,717
Pharos Energy PLC	16,636		4,417
Phoenix Spree Deutschland, Ltd. (A)	5,484		10,489
Pinewood Technologies Group PLC (A)	102,667		49,746
Polar Capital Holdings PLC	3,830		22,030
Porvair PLC	2,468		19,342
Premier Foods PLC	33,077		62,294
PZ Cussons PLC	13,141		14,819
QinetiQ Group PLC	25,053		115,408
Quilter PLC (D)	63,959		86,536
Rank Group PLC (A)	7,303		6,344
Rathbones Group PLC	2,285		44,656
Reach PLC	25,143		24,962
Redde Northgate PLC	11,527		55,425
Redrow PLC	15,193		127,418
Renew Holdings PLC	4,150		48,426
Renewi PLC (A)	5,276		38,217
Ricardo PLC	2,982		17,166
RM PLC (A)	8,752		6,071
Robert Walters PLC	4,693		24,084
Rotork PLC	43,493		180,592
RS GROUP PLC	14,553		133,438
RWS Holdings PLC	1,824		4,313

 

131

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

International Small Company Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
United Kingdom (continued)
S&U PLC	513	$	12,153
Sabre Insurance Group PLC (D)	10,582		23,998
Saga PLC (A)	4,637		7,151
Savannah Energy PLC (A)(C)	53,744		17,806
Savills PLC	5,951		80,182
Senior PLC	21,835		48,745
Serco Group PLC	46,758		111,952
Serica Energy PLC	10,784		25,695
Severfield PLC	11,941		8,245
SIG PLC (A)	64,105		23,642
Smart Metering Systems PLC	5,194		62,404
Softcat PLC	6,218		124,908
Spectris PLC	502		20,888
Speedy Hire PLC	24,369		7,811
Spire Healthcare Group PLC (D)	13,646		39,913
Spirent Communications PLC	25,617		64,807
SSP Group PLC	32,793		90,550
SThree PLC	8,144		44,155
Studio Retail Group PLC (A)(C)	8,139		11,814
STV Group PLC	2,712		8,028
Superdry PLC (A)	3,110		1,127
Synthomer PLC (A)	6,230		20,495
Tate & Lyle PLC	17,496		136,260
Tatton Asset Management PLC	1,955		13,968
Team Internet Group PLC	10,289		18,788
Telecom Plus PLC	3,652		75,148
The Gym Group PLC (A)(D)	5,959		8,618
The Vitec Group PLC	3,978		14,523
THG PLC (A)(B)	26,758		23,329
TI Fluid Systems PLC (D)	15,076		27,427
Topps Tiles PLC	15,591		8,883
TORM PLC, Class A	1,905		64,715
TP ICAP Group PLC	45,423		129,123
Trainline PLC (A)(D)	13,090		61,166
Travis Perkins PLC	9,597		88,340
Trifast PLC	7,237		6,824
TT Electronics PLC	14,769		29,554
Tullow Oil PLC (A)	72,437		28,383
Tyman PLC	9,005		32,842
Vanquis Banking Group PLC	13,396		8,922
Vertu Motors PLC	13,548		11,558
Vesuvius PLC	12,719		79,346
Victrex PLC	3,473		56,974
Virgin Money UK PLC	57,990		156,579
Vistry Group PLC	15,333		238,082
Volex PLC	6,267		22,766
Volution Group PLC	9,834		53,809
Vp PLC	637		4,410
Watches of Switzerland Group PLC (A)(D)	10,654		48,190
Watkin Jones PLC	10,502		5,399
WH Smith PLC	5,221		86,951
Wickes Group PLC	13,094		25,679
Wilmington PLC	8,076		35,516
Wincanton PLC	8,498		64,255
Xaar PLC (A)	5,629		7,528
Young & Co's Brewery PLC	1,750		13,260
Young & Co's Brewery PLC, Class A (B)	1,224		15,113
Zotefoams PLC	1,549		7,476
			12,913,441
United States - 0.7%
Argonaut Gold, Inc. (A)	16,734		4,818
Atlantic Sapphire ASA (A)	1,608		134
Burford Capital, Ltd.	9,818		153,883

International Small Company Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
United States (continued)
Diversified Energy Company PLC	1,929	$	23,128
Energy Fuels, Inc. (A)	730		4,565
Frontage Holdings Corp. (A)(D)	14,000		2,580
Perpetua Resources Corp. (A)	3,000		12,447
Primo Water Corp.	8,207		149,418
PureTech Health PLC (A)	16,139		45,227
REC Silicon ASA (A)(B)	16,036		15,860
Reliance Worldwide Corp., Ltd.	36,825		138,180
Samsonite International SA (A)(D)	41,100		155,723
SSR Mining, Inc.	8,907		39,651
Viemed Healthcare, Inc. (A)	2,600		24,518
			770,132
TOTAL COMMON STOCKS (Cost $110,974,637)		$	104,351,693
PREFERRED SECURITIES - 0.4%
Germany - 0.4%
Draegerwerk AG & Company KGaA	565		31,067
Einhell Germany AG	73		12,053
FUCHS SE	3,739		185,242
Jungheinrich AG	2,336		86,427
Sixt SE	838		61,478
STO SE & Company KGaA	163		27,823
Villeroy & Boch AG	625		12,309
			416,399
TOTAL PREFERRED SECURITIES (Cost $344,347)		$	416,399
WARRANTS - 0.0%
Arafura Rare Earths, Ltd. (Expiration Date: 6-20-25; Strike Price: AUD 0.23) (A)	7,035		257
Webuild SpA (Expiration Date: 8-2-30) (A)(E)	1,316		891
TOTAL WARRANTS (Cost $0)		$	1,148
RIGHTS - 0.0%
Intercell AG (A)(C)(E)	3,233		0
Nobia AB (Expiration Date: 4-18-24; Strike Price: SEK 2.50) (A)(C)	6,676		0
Promotora de Informaciones SA (Expiration Date: 4-10-24; Strike Price: EUR 0.37) (A)	11,711		57
Syrah Resources, Ltd. (Expiration Date: 4-4-24; Strike Price: AUD 0.55) (A)	4,817		0
TOTAL RIGHTS (Cost $0)		$	57
SHORT-TERM INVESTMENTS - 3.8%
Short-term funds - 3.8%
John Hancock Collateral Trust, 5.2975% (F)(G)	407,375		4,072,687
TOTAL SHORT-TERM INVESTMENTS (Cost $4,073,978)		$	4,072,687
Total Investments (International Small Company Trust) (Cost $115,392,962) - 102.1%		$	108,841,984
Other assets and liabilities, net - (2.1%)			(2,285,410)
TOTAL NET ASSETS - 100.0%		$	106,556,574

Currency Abbreviations
AUD	Australian Dollar
EUR	Euro
SEK	Swedish Krona
Security Abbreviations and Legend
(A)	Non-income producing security.
(B)	All or a portion of this security is on loan as of 3-31-24. The value of securities on loan amounted to $3,779,994.

 

132

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

International Small Company Trust (continued)

(C)	Security is valued using significant unobservable inputs and is classified as Level 3 in the fair value hierarchy.
(D)	These securities are exempt from registration under Rule 144A of the Securities Act of 1933. Such securities may be resold, normally to qualified institutional buyers, in transactions exempt from registration.

International Small Company Trust (continued)

(E)	Strike price and/or expiration date not available.
(F)	The rate shown is the annualized seven-day yield as of 3-31-24.
(G)	Investment is an affiliate of the fund, the advisor and/or subadvisor. This security represents the investment of cash collateral received for securities lending.

 

DERIVATIVES

FUTURES

Open contracts	Number of contracts	Position	Expiration date	Notional basis^	Notional value^	Unrealized appreciation (depreciation)
Mini MSCI EAFE Index Futures	7	Long	Jun 2024	$821,887	$824,670	$2,783
						$2,783

^ Notional basis refers to the contractual amount agreed upon at inception of open contracts; notional value represents the current value of the open contract.

Investment Quality Bond Trust

		Shares or Principal Amount	Value
U.S. GOVERNMENT AND AGENCY OBLIGATIONS – 66.9%
U.S. Government – 25.0%
U.S. Treasury Bonds
1.250%, 05/15/2050	$	4,170,000	$	2,132,727
1.875%, 11/15/2051		4,890,000		2,928,843
2.250%, 08/15/2046		4,745,000		3,247,545
2.500%, 02/15/2045 (A)		1,619,000		1,183,831
2.500%, 02/15/2046		648,000		468,636
3.000%, 11/15/2044 to 08/15/2052		11,680,000		9,211,091
3.125%, 08/15/2044 (A)		5,535,000		4,533,079
3.125%, 05/15/2048		3,205,000		2,563,249
3.375%, 08/15/2042 to 05/15/2044		2,490,000		2,133,111
3.625%, 05/15/2053		620,000		544,728
3.750%, 11/15/2043 (A)		2,253,000		2,037,997
4.375%, 11/15/2039		1,170,000		1,180,329
U.S. Treasury Inflation Protected Securities
0.250%, 07/15/2029 to 02/15/2050		5,350,855		4,151,830
1.375%, 07/15/2033		213,219		204,622
1.750%, 01/15/2034		707,228		698,170
U.S. Treasury Notes
1.625%, 05/15/2031		4,810,000		4,053,552
1.875%, 02/15/2032		3,110,000		2,626,735
2.750%, 08/15/2032		2,945,000		2,641,412
3.375%, 05/15/2033		1,025,000		960,217
3.875%, 08/15/2033		1,805,000		1,757,055
4.000%, 02/15/2034		2,380,000		2,340,581
4.500%, 11/15/2033		2,525,000		2,581,023
				54,180,363
U.S. Government Agency – 41.9%
Federal Home Loan Mortgage Corp.
2.000%, 03/01/2051		2,716,768		2,159,991
2.500%, 01/01/2052 to 05/01/2052		4,065,565		3,364,588
3.000%, 12/01/2046 to 04/01/2048		234,398		205,351
3.500%, 03/01/2048 to 06/01/2048		632,408		575,917
5.000%, 12/01/2034 to 09/01/2052		1,997,814		1,953,790
6.500%, 04/01/2029 to 08/01/2034		4,024		4,195
7.500%, 12/01/2025 to 05/01/2028		749		763
Federal National Mortgage Association
2.000%, TBA (B)		3,600,000		3,075,209
2.000%, 04/01/2051 to 05/01/2051		8,125,582		6,458,617
2.500%, TBA (B)		3,100,000		2,562,465
2.500%, 07/01/2030 to 04/01/2050		1,157,853		990,467
2.660%, 03/01/2027		753,924		711,664

Investment Quality Bond Trust (continued)

		Shares or Principal Amount	Value
U.S. GOVERNMENT AND AGENCY OBLIGATIONS (continued)
U.S. Government Agency (continued)
Federal National Mortgage Association (continued)
3.000%, TBA (B)	$	1,400,000	$	1,204,766
3.500%, 08/01/2043 to 05/01/2048		2,784,188		2,540,712
4.000%, TBA (B)		3,700,000		3,426,258
4.500%, TBA (B)		5,275,000		5,022,995
5.000%, TBA (B)		2,600,000		2,537,641
5.000%, 09/01/2052		1,914,555		1,870,795
5.500%, TBA (B)		10,230,000		10,180,848
6.000%, TBA (B)		21,600,000		21,803,493
Government National Mortgage Association
2.000%, 12/20/2050		2,539,821		2,082,480
3.000%, TBA (B)		2,800,000		2,469,652
3.000%, 04/20/2051 to 05/20/2051		2,083,521		1,839,588
3.500%, TBA (B)		4,200,000		3,821,511
4.000%, TBA (B)		2,600,000		2,433,242
4.000%, 11/15/2040 to 02/15/2042		17,608		16,820
4.500%, 05/20/2052 to 09/20/2052		4,569,555		4,392,581
5.000%, TBA (B)		2,900,000		2,850,586
6.000%, 08/15/2032 to 04/15/2035		21,939		22,395
6.500%, 06/15/2028 to 02/15/2035		10,280		10,448
7.000%, 11/15/2031 to 11/15/2033		42,566		43,212
				90,633,040
TOTAL U.S. GOVERNMENT AND AGENCY OBLIGATIONS (Cost $160,140,431)			$	144,813,403
FOREIGN GOVERNMENT OBLIGATIONS – 3.3%
Angola – 0.1%
Republic of Angola 8.000%, 11/26/2029		200,000		186,000
Bermuda – 0.2%
Government of Bermuda
2.375%, 08/20/2030 (C)		200,000		167,040
5.000%, 07/15/2032 (C)		200,000		192,400
				359,440
Brazil – 0.5%
Federative Republic of Brazil 10.000%, 01/01/2031	BRL	4,983,000		979,243

 

133

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Investment Quality Bond Trust (continued)

		Shares or Principal Amount	Value
FOREIGN GOVERNMENT OBLIGATIONS (continued)
Chile – 0.1%
Republic of Chile
1.250%, 01/22/2051	EUR	165,000	$	99,686
4.950%, 01/05/2036	$	200,000		193,303
				292,989
Colombia – 0.1%
Republic of Colombia
5.000%, 06/15/2045		200,000		144,729
5.625%, 02/26/2044		200,000		158,227
				302,956
Costa Rica – 0.1%
Republic of Costa Rica 6.550%, 04/03/2034 (C)		200,000		206,776
Hungary – 0.3%
Republic of Hungary
1.625%, 04/28/2032	EUR	465,000		409,868
6.125%, 05/22/2028 (C)	$	235,000		240,591
				650,459
Indonesia – 0.2%
Republic of Indonesia 1.100%, 03/12/2033	EUR	530,000		452,000
Ivory Coast – 0.1%
Republic of Ivory Coast 4.875%, 01/30/2032		225,000		208,757
Mexico – 0.4%
Government of Mexico
3.500%, 02/12/2034	$	200,000		166,343
6.000%, 05/07/2036		725,000		726,491
				892,834
North Macedonia – 0.2%
Republic of North Macedonia
2.750%, 01/18/2025	EUR	210,000		221,914
3.675%, 06/03/2026 (C)		265,000		276,861
				498,775
Philippines – 0.2%
Republic of the Philippines
1.200%, 04/28/2033		330,000		284,834
1.750%, 04/28/2041		200,000		151,100
				435,934
Romania – 0.5%
Republic of Romania
2.625%, 12/02/2040 (C)		335,000		245,884
2.750%, 04/14/2041		815,000		599,174
5.875%, 01/30/2029 (C)	$	160,000		159,848
6.375%, 01/30/2034 (C)		114,000		115,475
				1,120,381
Saudi Arabia – 0.3%
Kingdom of Saudi Arabia
2.000%, 07/09/2039	EUR	155,000		127,425
5.750%, 01/16/2054 (C)	$	400,000		395,000
				522,425
TOTAL FOREIGN GOVERNMENT OBLIGATIONS (Cost $8,235,469)			$	7,108,969
CORPORATE BONDS – 29.0%
Communication services – 1.8%
AT&T, Inc.
3.550%, 09/15/2055		203,000		141,943
3.800%, 12/01/2057		51,000		36,925
Charter Communications Operating LLC
2.250%, 01/15/2029		80,000		68,058
3.500%, 03/01/2042		42,000		28,024

Investment Quality Bond Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Communication services (continued)
Charter Communications Operating LLC (continued)
3.700%, 04/01/2051	$	60,000	$	37,107
3.850%, 04/01/2061		60,000		35,600
3.900%, 06/01/2052		140,000		89,035
4.800%, 03/01/2050		215,000		159,146
5.125%, 07/01/2049		95,000		73,611
5.750%, 04/01/2048		65,000		54,737
6.484%, 10/23/2045		20,000		18,536
6.834%, 10/23/2055		40,000		38,377
Comcast Corp.
2.887%, 11/01/2051		115,000		74,649
3.750%, 04/01/2040		215,000		178,717
Cox Communications, Inc. 2.600%, 06/15/2031 (C)		130,000		107,900
Discovery Communications LLC
3.625%, 05/15/2030		65,000		58,134
4.000%, 09/15/2055		221,000		151,246
5.200%, 09/20/2047		93,000		78,137
5.300%, 05/15/2049		47,000		39,485
IHS Holding, Ltd. 6.250%, 11/29/2028 (C)		200,000		174,800
Lamar Media Corp. 3.625%, 01/15/2031		315,000		276,390
Paramount Global
4.375%, 03/15/2043		75,000		50,898
5.250%, 04/01/2044		115,000		85,518
Sirius XM Radio, Inc.
4.000%, 07/15/2028 (C)		165,000		150,954
4.125%, 07/01/2030 (C)		400,000		349,667
Time Warner Cable LLC
4.500%, 09/15/2042		455,000		336,612
5.875%, 11/15/2040		65,000		56,304
T-Mobile USA, Inc.
2.050%, 02/15/2028		150,000		134,401
3.875%, 04/15/2030		65,000		60,891
5.050%, 07/15/2033		85,000		84,077
5.750%, 01/15/2034		100,000		104,138
WarnerMedia Holdings, Inc. 5.050%, 03/15/2042		35,000		30,082
WMG Acquisition Corp.
3.000%, 02/15/2031 (C)		75,000		63,759
3.750%, 12/01/2029 (C)		85,000		76,166
3.875%, 07/15/2030 (C)		450,000		398,690
				3,902,714
Consumer discretionary – 1.0%
AutoZone, Inc.
4.750%, 08/01/2032 to 02/01/2033		115,000		111,466
6.550%, 11/01/2033		75,000		82,092
Hanesbrands, Inc. 4.875%, 05/15/2026 (C)		50,000		48,681
Howard University
2.701%, 10/01/2029		100,000		88,333
2.801%, 10/01/2030		100,000		87,364
3.476%, 10/01/2041		120,000		86,710
LKQ Corp. 5.750%, 06/15/2028		60,000		61,061
O'Reilly Automotive, Inc. 4.700%, 06/15/2032		135,000		131,934
Service Corp. International
3.375%, 08/15/2030		335,000		290,125
5.125%, 06/01/2029		507,000		493,331
Tapestry, Inc.
7.050%, 11/27/2025		40,000		40,823
7.350%, 11/27/2028		115,000		121,176

 

134

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Investment Quality Bond Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Consumer discretionary (continued)
Tapestry, Inc. (continued)
7.700%, 11/27/2030	$	29,000	$	30,926
Taylor Morrison Communities, Inc.
5.125%, 08/01/2030 (C)		105,000		100,272
5.750%, 01/15/2028 (C)		302,000		299,887
The William Carter Company 5.625%, 03/15/2027 (C)		105,000		104,287
				2,178,468
Consumer staples – 0.7%
BAT Capital Corp.
5.834%, 02/20/2031		200,000		201,716
6.000%, 02/20/2034		75,000		75,941
Minerva Luxembourg SA 4.375%, 03/18/2031		245,000		204,831
NBM US Holdings, Inc. 7.000%, 05/14/2026 (C)		220,000		220,878
Philip Morris International, Inc.
4.875%, 02/15/2028		95,000		94,738
5.125%, 02/15/2030 to 02/13/2031		325,000		324,407
5.375%, 02/15/2033		140,000		141,150
5.625%, 11/17/2029 to 09/07/2033		145,000		148,392
Tyson Foods, Inc.
5.400%, 03/15/2029		20,000		20,179
5.700%, 03/15/2034		75,000		75,989
				1,508,221
Energy – 2.9%
Aker BP ASA 6.000%, 06/13/2033 (C)		325,000		335,588
BP Capital Markets America, Inc.
2.939%, 06/04/2051		15,000		10,014
4.812%, 02/13/2033		230,000		226,988
4.893%, 09/11/2033		130,000		129,094
4.989%, 04/10/2034		145,000		144,812
BP Capital Markets PLC 6.450%, (6.450% to 3-1-34, then 5 Year CMT + 2.403% to 3-1-54, then 5 Year CMT + 3.153%), 12/01/2033 (D)		180,000		186,406
Cenovus Energy, Inc. 2.650%, 01/15/2032		20,000		16,589
Cheniere Energy Partners LP 4.500%, 10/01/2029		70,000		66,622
Cheniere Energy, Inc. 5.650%, 04/15/2034 (C)		105,000		105,750
Columbia Pipelines Holding Company LLC
5.681%, 01/15/2034 (C)		95,000		94,373
6.042%, 08/15/2028 (C)		160,000		163,491
Columbia Pipelines Operating Company LLC
5.927%, 08/15/2030 (C)		90,000		92,337
6.036%, 11/15/2033 (C)		150,000		155,407
6.544%, 11/15/2053 (C)		95,000		102,925
ConocoPhillips Company
3.800%, 03/15/2052		47,000		36,701
4.025%, 03/15/2062		65,000		51,512
5.050%, 09/15/2033		70,000		70,633
5.550%, 03/15/2054		55,000		56,685
5.700%, 09/15/2063		120,000		125,775
Diamondback Energy, Inc. 6.250%, 03/15/2033		65,000		69,296
Ecopetrol SA
4.625%, 11/02/2031		280,000		232,940
8.375%, 01/19/2036		295,000		297,779
8.625%, 01/19/2029		200,000		211,992

Investment Quality Bond Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Energy (continued)
EIG Pearl Holdings Sarl 3.545%, 08/31/2036 (C)	$	200,000	$	170,554
Enbridge, Inc.
2.500%, 08/01/2033		70,000		56,403
5.700%, 03/08/2033		295,000		302,125
Energo-Pro AS 8.500%, 02/04/2027 (C)		315,000		317,920
Energy Transfer LP 6.400%, 12/01/2030		260,000		274,449
EQM Midstream Partners LP 6.500%, 07/01/2027 (C)		15,000		15,133
Equinor ASA 3.625%, 04/06/2040		125,000		104,146
Hess Corp.
7.125%, 03/15/2033		160,000		181,079
7.300%, 08/15/2031		95,000		107,501
Leviathan Bond, Ltd. 6.500%, 06/30/2027 (C)		235,000		226,514
ONEOK, Inc.
3.100%, 03/15/2030		10,000		8,942
3.400%, 09/01/2029		100,000		92,119
6.100%, 11/15/2032		80,000		83,815
Ovintiv, Inc. 6.625%, 08/15/2037		95,000		99,171
Patterson-UTI Energy, Inc.
5.150%, 11/15/2029		75,000		73,381
7.150%, 10/01/2033		100,000		107,504
Phillips 66 Company 5.300%, 06/30/2033		170,000		171,053
Shell International Finance BV
2.875%, 11/26/2041		55,000		40,846
3.000%, 11/26/2051		70,000		47,794
3.250%, 04/06/2050		75,000		54,446
Targa Resources Corp.
6.150%, 03/01/2029		90,000		93,799
6.250%, 07/01/2052		50,000		51,902
Targa Resources Partners LP
4.000%, 01/15/2032		65,000		58,506
4.875%, 02/01/2031		20,000		19,146
Viper Energy, Inc. 5.375%, 11/01/2027 (C)		257,000		251,546
Western Midstream Operating LP
4.750%, 08/15/2028		70,000		68,090
6.150%, 04/01/2033		115,000		117,911
				6,179,504
Financials – 9.6%
ABN AMRO Bank NV 6.339%, (6.339% to 9-18-26, then 1 Year CMT + 1.650%), 09/18/2027 (C)		200,000		203,432
Aon Corp. 5.350%, 02/28/2033		75,000		75,406
Aon North America, Inc. 5.450%, 03/01/2034		200,000		202,309
Athene Global Funding
2.646%, 10/04/2031 (C)		225,000		183,579
2.717%, 01/07/2029 (C)		355,000		312,802
Athene Holding, Ltd. 5.875%, 01/15/2034		115,000		115,229
Banca Comerciala Romana SA 7.625%, (7.625% to 5-19-26, then 3 month EURIBOR + 4.539%), 05/19/2027	EUR	100,000		113,425

 

135

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Investment Quality Bond Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Financials (continued)
Banca Transilvania SA 8.875%, (8.875% to 4-27-26, then 1 Year EURIBOR ICE Swap Rate + 5.580%), 04/27/2027	EUR	100,000	$	114,250
Banco Santander SA
5.538%, (5.538% to 3-14-29, then 1 Year CMT + 1.450%), 03/14/2030	$	200,000		199,980
6.350%, 03/14/2034		200,000		200,144
Bank of America Corp.
1.898%, (1.898% to 7-23-30, then Overnight SOFR + 1.530%), 07/23/2031		120,000		98,488
1.922%, (1.922% to 10-24-30, then Overnight SOFR + 1.370%), 10/24/2031		270,000		220,001
2.572%, (2.572% to 10-20-31, then Overnight SOFR + 1.210%), 10/20/2032		280,000		232,294
2.592%, (2.592% to 4-29-30, then Overnight SOFR + 2.150%), 04/29/2031		245,000		211,226
2.687%, (2.687% to 4-22-31, then Overnight SOFR + 1.320%), 04/22/2032		645,000		545,960
2.972%, (2.972% to 2-4-32, then Overnight SOFR + 1.330%), 02/04/2033		115,000		97,801
3.419%, (3.419% to 12-20-27, then 3 month CME Term SOFR + 1.302%), 12/20/2028		50,000		46,907
4.376%, (4.376% to 4-27-27, then Overnight SOFR + 1.580%), 04/27/2028		135,000		131,786
5.202%, (5.202% to 4-25-28, then Overnight SOFR + 1.630%), 04/25/2029		70,000		70,066
5.468%, (5.468% to 1-23-34, then Overnight SOFR + 1.650%), 01/23/2035		95,000		95,619
5.933%, (5.933% to 9-15-26, then Overnight SOFR + 1.340%), 09/15/2027		260,000		263,485
Bank of Ireland Group PLC
5.601%, (5.601% to 3-20-29, then Overnight SOFR + 1.620%), 03/20/2030 (C)		315,000		314,609
6.253%, (6.253% to 9-16-25, then 1 Year CMT + 2.650%), 09/16/2026 (C)		345,000		346,987
Barclays PLC
5.690%, (5.690% to 3-12-29, then Overnight SOFR + 1.740%), 03/12/2030		250,000		251,302
9.625%, (9.625% to 6-15-30, then 5 Year SOFR ICE Swap Rate + 5.775%), 12/15/2029 (D)		225,000		238,590
BNP Paribas SA 5.894%, (5.894% to 12-5-33, then Overnight SOFR + 1.866%), 12/05/2034 (C)		250,000		261,397
BPCE SA
6.714%, (6.714% to 10-19-28, then Overnight SOFR + 2.270%), 10/19/2029 (C)		500,000		523,104

Investment Quality Bond Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Financials (continued)
BPCE SA (continued)
7.003%, (7.003% to 10-19-33, then Overnight SOFR + 2.590%), 10/19/2034 (C)	$	340,000	$	370,110
Capital One Financial Corp.
1.878%, (1.878% to 11-2-26, then Overnight SOFR + 0.855%), 11/02/2027		185,000		169,249
3.273%, (3.273% to 3-1-29, then Overnight SOFR + 1.790%), 03/01/2030		175,000		157,649
5.247%, (5.247% to 7-26-29, then Overnight SOFR + 2.600%), 07/26/2030		75,000		73,814
7.624%, (7.624% to 10-30-30, then Overnight SOFR + 3.070%), 10/30/2031		205,000		226,422
Citigroup, Inc. 5.174%, (5.174% to 2-13-29, then Overnight SOFR + 1.364%), 02/13/2030		285,000		283,670
Citizens Financial Group, Inc. 5.841%, (5.841% to 1-23-29, then Overnight SOFR + 2.010%), 01/23/2030		80,000		79,885
Corebridge Financial, Inc.
3.850%, 04/05/2029		75,000		70,123
5.750%, 01/15/2034		170,000		173,432
6.050%, 09/15/2033 (C)		35,000		36,054
Credit Agricole SA
5.134%, 03/11/2027 (C)		250,000		250,164
6.251%, (6.251% to 1-10-34, then Overnight SOFR + 2.670%), 01/10/2035 (C)		250,000		254,106
Deutsche Bank AG 6.819%, (6.819% to 11-20-28, then Overnight SOFR + 2.510%), 11/20/2029		160,000		167,265
Discover Financial Services 7.964%, (7.964% to 11-2-33, then SOFR Compounded Index + 3.370%), 11/02/2034		80,000		90,616
Equitable Financial Life Global Funding 1.800%, 03/08/2028 (C)		315,000		277,364
Equitable Holdings, Inc. 4.350%, 04/20/2028		120,000		116,258
Fifth Third Bancorp 5.631%, (5.631% to 1-29-31, then Overnight SOFR + 1.840%), 01/29/2032		25,000		25,026
FirstCash, Inc.
4.625%, 09/01/2028 (C)		250,000		235,304
5.625%, 01/01/2030 (C)		220,000		209,059
GA Global Funding Trust 5.500%, 01/08/2029 (C)		190,000		190,718
GTP Acquisition Partners I LLC 3.482%, 06/16/2025 (C)		730,000		711,808
HSBC Holdings PLC
2.206%, (2.206% to 8-17-28, then Overnight SOFR + 1.285%), 08/17/2029		410,000		359,335
5.402%, (5.402% to 8-11-32, then Overnight SOFR + 2.870%), 08/11/2033		265,000		264,248

 

136

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Investment Quality Bond Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Financials (continued)
HSBC Holdings PLC (continued)
5.887%, (5.887% to 8-14-26, then Overnight SOFR + 1.570%), 08/14/2027	$	200,000	$	201,750
Huntington Bancshares, Inc. 6.208%, (6.208% to 8-21-28, then Overnight SOFR + 2.020%), 08/21/2029		35,000		35,823
JPMorgan Chase & Co.
2.545%, (2.545% to 11-8-31, then Overnight SOFR + 1.180%), 11/08/2032		115,000		95,692
2.580%, (2.580% to 4-22-31, then 3 month CME Term SOFR + 1.250%), 04/22/2032		110,000		92,998
3.509%, (3.509% to 1-23-28, then 3 month CME Term SOFR + 1.207%), 01/23/2029		210,000		198,646
3.702%, (3.702% to 5-6-29, then 3 month CME Term SOFR + 1.422%), 05/06/2030		65,000		60,898
4.005%, (4.005% to 4-23-28, then 3 month CME Term SOFR + 1.382%), 04/23/2029		315,000		301,934
5.299%, (5.299% to 7-24-28, then Overnight SOFR + 1.450%), 07/24/2029		175,000		176,300
5.336%, (5.336% to 1-23-34, then Overnight SOFR + 1.620%), 01/23/2035		300,000		301,172
6.070%, (6.070% to 10-22-26, then Overnight SOFR + 1.330%), 10/22/2027		115,000		117,338
M&T Bank Corp.
5.053%, (5.053% to 1-27-33, then Overnight SOFR + 1.850%), 01/27/2034		320,000		297,500
7.413%, (7.413% to 10-30-28, then Overnight SOFR + 2.800%), 10/30/2029		170,000		179,293
Macquarie Airfinance Holdings, Ltd.
6.400%, 03/26/2029 (C)		25,000		25,396
6.500%, 03/26/2031 (C)		25,000		25,446
Manufacturers & Traders Trust Company 4.700%, 01/27/2028		250,000		240,876
Marsh & McLennan Companies, Inc. 4.750%, 03/15/2039		70,000		66,416
mBank SA 0.966%, (0.966% to 9-21-26, then 3 month EURIBOR + 1.250%), 09/21/2027	EUR	100,000		96,670
Metropolitan Life Global Funding I 2.400%, 01/11/2032 (C)	$	500,000		411,628
Morgan Stanley
1.794%, (1.794% to 2-13-31, then Overnight SOFR + 1.034%), 02/13/2032		170,000		135,895
1.928%, (1.928% to 4-28-31, then Overnight SOFR + 1.020%), 04/28/2032		200,000		160,531
2.239%, (2.239% to 7-21-31, then Overnight SOFR + 1.178%), 07/21/2032		185,000		151,124

Investment Quality Bond Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Financials (continued)
Morgan Stanley (continued)
4.210%, (4.210% to 4-20-27, then Overnight SOFR + 1.610%), 04/20/2028	$	155,000	$	150,618
5.164%, (5.164% to 4-20-28, then Overnight SOFR + 1.590%), 04/20/2029		165,000		164,867
5.449%, (5.449% to 7-20-28, then Overnight SOFR + 1.630%), 07/20/2029		55,000		55,482
6.407%, (6.407% to 11-1-28, then Overnight SOFR + 1.830%), 11/01/2029		515,000		540,010
MSCI, Inc. 3.625%, 11/01/2031 (C)		192,000		166,632
National Rural Utilities Cooperative Finance Corp. 5.800%, 01/15/2033		100,000		104,044
New Mountain Finance Corp. 6.875%, 02/01/2029		60,000		59,368
OTP Bank NYRT
7.350%, (7.350% to 3-4-25, then 3 month EURIBOR + 4.523%), 03/04/2026	EUR	185,000		203,579
7.500%, (7.500% to 5-25-26, then 1 Year CMT + 3.711%), 05/25/2027	$	200,000		205,520
Principal Life Global Funding II 5.100%, 01/25/2029 (C)		140,000		139,621
Societe Generale SA 6.221%, (6.221% to 6-15-32, then 1 Year CMT + 3.200%), 06/15/2033 (C)		565,000		566,099
Standard Chartered PLC
7.018%, (7.018% to 2-8-29, then 1 Year CMT + 2.200%), 02/08/2030 (C)		220,000		232,817
7.767%, (7.767% to 11-16-27, then 1 Year CMT + 3.450%), 11/16/2028 (C)		200,000		213,954
The Bank of New York Mellon Corp.
4.975%, (4.975% to 3-14-29, then Overnight SOFR + 1.085%), 03/14/2030		75,000		75,065
5.188%, (5.188% to 3-14-34, then Overnight SOFR + 1.418%), 03/14/2035		100,000		99,538
6.317%, (6.317% to 10-25-28, then Overnight SOFR + 1.598%), 10/25/2029		245,000		258,532
The Goldman Sachs Group, Inc.
2.383%, (2.383% to 7-21-31, then Overnight SOFR + 1.248%), 07/21/2032		280,000		229,700
2.615%, (2.615% to 4-22-31, then Overnight SOFR + 1.281%), 04/22/2032		310,000		260,168
4.223%, (4.223% to 5-1-28, then 3 month CME Term SOFR + 1.563%), 05/01/2029		50,000		48,127
4.482%, (4.482% to 8-23-27, then Overnight SOFR + 1.725%), 08/23/2028		65,000		63,546
The Huntington National Bank 5.650%, 01/10/2030		250,000		251,396

 

137

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Investment Quality Bond Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Financials (continued)
The PNC Financial Services Group, Inc.
5.676%, (5.676% to 1-22-34, then Overnight SOFR + 1.902%), 01/22/2035	$	75,000	$	75,683
6.037%, (6.037% to 10-28-32, then SOFR Compounded Index + 2.140%), 10/28/2033		70,000		72,372
UBS Group AG
6.246%, (6.246% to 9-22-28, then 1 Year CMT + 1.800%), 09/22/2029 (C)		200,000		206,342
6.442%, (6.442% to 8-11-27, then Overnight SOFR + 3.700%), 08/11/2028 (C)		250,000		257,383
6.537%, (6.537% to 8-12-32, then Overnight SOFR + 3.920%), 08/12/2033 (C)		520,000		548,231
Wells Fargo & Company
2.572%, (2.572% to 2-11-30, then 3 month CME Term SOFR + 1.262%), 02/11/2031		385,000		331,876
2.879%, (2.879% to 10-30-29, then 3 month CME Term SOFR + 1.432%), 10/30/2030		50,000		44,200
3.350%, (3.350% to 3-2-32, then Overnight SOFR + 1.500%), 03/02/2033		250,000		216,907
4.808%, (4.808% to 7-25-27, then Overnight SOFR + 1.980%), 07/25/2028		110,000		108,385
4.897%, (4.897% to 7-25-32, then Overnight SOFR + 2.100%), 07/25/2033		200,000		192,731
5.499%, (5.499% to 1-23-34, then Overnight SOFR + 1.780%), 01/23/2035		110,000		110,259
5.574%, (5.574% to 7-25-28, then Overnight SOFR + 1.740%), 07/25/2029		405,000		409,800
6.491%, (6.491% to 10-23-33, then Overnight SOFR + 2.060%), 10/23/2034		75,000		80,443
Willis North America, Inc. 3.600%, 05/15/2024		115,000		114,658
				20,693,136
Health care – 2.0%
AbbVie, Inc.
4.950%, 03/15/2031		70,000		70,500
5.400%, 03/15/2054		30,000		30,879
Alcon Finance Corp. 2.600%, 05/27/2030 (C)		285,000		246,066
Amgen, Inc. 5.250%, 03/02/2030 to 03/02/2033		380,000		383,536
Avantor Funding, Inc. 4.625%, 07/15/2028 (C)		375,000		355,355
Bayer US Finance LLC 6.375%, 11/21/2030 (C)		240,000		245,402
Bristol-Myers Squibb Company
5.200%, 02/22/2034		95,000		96,456
5.550%, 02/22/2054		80,000		82,271
Centene Corp.
2.450%, 07/15/2028		100,000		88,671
3.375%, 02/15/2030		5,000		4,425
4.250%, 12/15/2027		50,000		47,674
4.625%, 12/15/2029		585,000		555,387

Investment Quality Bond Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Health care (continued)
CommonSpirit Health 3.347%, 10/01/2029	$	60,000	$	55,026
CVS Health Corp.
2.700%, 08/21/2040		90,000		62,481
4.125%, 04/01/2040		85,000		71,605
Haleon US Capital LLC 3.375%, 03/24/2029		250,000		232,506
HCA, Inc.
3.375%, 03/15/2029		205,000		187,985
5.450%, 04/01/2031		20,000		20,104
5.600%, 04/01/2034		150,000		151,038
Humana, Inc.
5.375%, 04/15/2031		70,000		70,038
5.750%, 12/01/2028		30,000		30,742
Kaiser Foundation Hospitals
2.810%, 06/01/2041		45,000		33,210
3.002%, 06/01/2051		110,000		76,209
Royalty Pharma PLC
2.150%, 09/02/2031		315,000		253,872
2.200%, 09/02/2030		10,000		8,308
3.300%, 09/02/2040		25,000		18,631
Smith & Nephew PLC 5.400%, 03/20/2034		65,000		64,679
Solventum Corp. 5.400%, 03/01/2029 (C)		185,000		185,373
The Cigna Group 5.000%, 05/15/2029		240,000		240,342
UnitedHealth Group, Inc.
2.750%, 05/15/2040		110,000		80,943
3.500%, 08/15/2039		70,000		57,663
4.950%, 05/15/2062		30,000		28,015
5.350%, 02/15/2033		55,000		56,583
5.375%, 04/15/2054		175,000		177,984
6.050%, 02/15/2063		30,000		32,988
				4,402,947
Industrials – 2.5%
AGCO Corp.
5.450%, 03/21/2027		25,000		25,112
5.800%, 03/21/2034		35,000		35,437
Ashtead Capital, Inc.
4.375%, 08/15/2027 (C)		605,000		580,362
5.800%, 04/15/2034 (C)		200,000		199,797
BAE Systems PLC 5.125%, 03/26/2029 (C)		200,000		200,692
Booz Allen Hamilton, Inc. 3.875%, 09/01/2028 (C)		340,000		318,492
Builders FirstSource, Inc. 5.000%, 03/01/2030 (C)		225,000		214,691
Clean Harbors, Inc. 4.875%, 07/15/2027 (C)		620,000		601,401
DAE Funding LLC 1.550%, 08/01/2024 (C)		435,000		427,864
ERAC USA Finance LLC 5.000%, 02/15/2029 (C)		35,000		35,058
Ingersoll Rand, Inc. 5.700%, 08/14/2033		55,000		56,421
International Airport Finance SA 12.000%, 03/15/2033 (C)		314,282		333,139
L3Harris Technologies, Inc.
5.050%, 06/01/2029		130,000		129,585
5.350%, 06/01/2034		150,000		150,001
Northrop Grumman Corp. 5.150%, 05/01/2040		95,000		93,069
Otis Worldwide Corp. 2.565%, 02/15/2030		120,000		105,517

 

138

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Investment Quality Bond Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Industrials (continued)
Penske Truck Leasing Company LP
2.700%, 11/01/2024 (C)	$	205,000	$	201,368
4.000%, 07/15/2025 (C)		170,000		166,473
5.350%, 03/30/2029 (C)		35,000		35,024
6.050%, 08/01/2028 (C)		50,000		51,444
Regal Rexnord Corp.
6.050%, 04/15/2028 (C)		365,000		370,024
6.300%, 02/15/2030 (C)		40,000		40,948
SS&C Technologies, Inc. 5.500%, 09/30/2027 (C)		532,000		520,167
The Boeing Company
5.040%, 05/01/2027		20,000		19,623
5.150%, 05/01/2030		170,000		164,476
5.805%, 05/01/2050		15,000		14,192
5.930%, 05/01/2060		170,000		159,381
United Rentals North America, Inc.
4.000%, 07/15/2030		35,000		31,852
5.500%, 05/15/2027		32,000		31,905
Veralto Corp. 5.350%, 09/18/2028 (C)		135,000		136,752
Wabtec Corp. 5.611%, 03/11/2034		30,000		30,388
				5,480,655
Information technology – 1.9%
Black Knight InfoServ LLC 3.625%, 09/01/2028 (C)		499,000		471,555
Cisco Systems, Inc.
4.950%, 02/26/2031		105,000		105,927
5.350%, 02/26/2064		70,000		71,740
Constellation Software, Inc.
5.158%, 02/16/2029 (C)		10,000		9,989
5.461%, 02/16/2034 (C)		80,000		80,522
Fair Isaac Corp. 4.000%, 06/15/2028 (C)		386,000		360,545
Gartner, Inc. 4.500%, 07/01/2028 (C)		193,000		183,853
Gen Digital, Inc.
5.000%, 04/15/2025 (C)		360,000		357,829
6.750%, 09/30/2027 (C)		220,000		223,150
Go Daddy Operating Company LLC
3.500%, 03/01/2029 (C)		55,000		49,604
5.250%, 12/01/2027 (C)		454,000		443,999
Intel Corp.
3.100%, 02/15/2060		60,000		38,105
5.150%, 02/21/2034		100,000		100,228
5.600%, 02/21/2054		20,000		20,378
5.700%, 02/10/2053		45,000		46,518
5.900%, 02/10/2063		40,000		42,438
Marvell Technology, Inc. 2.450%, 04/15/2028		175,000		157,785
Open Text Corp.
3.875%, 12/01/2029 (C)		590,000		525,690
6.900%, 12/01/2027 (C)		240,000		248,158
Open Text Holdings, Inc. 4.125%, 12/01/2031 (C)		60,000		52,655
Oracle Corp.
2.950%, 04/01/2030		10,000		8,898
3.850%, 04/01/2060		380,000		270,453
4.100%, 03/25/2061		95,000		71,339
6.150%, 11/09/2029		170,000		179,169
Qorvo, Inc. 3.375%, 04/01/2031 (C)		120,000		103,202
				4,223,729

Investment Quality Bond Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Materials – 1.1%
Ball Corp. 6.000%, 06/15/2029	$	735,000	$	741,983
Celanese US Holdings LLC
6.165%, 07/15/2027		190,000		193,517
6.330%, 07/15/2029		110,000		114,065
6.550%, 11/15/2030		115,000		120,959
Corp. Nacional del Cobre de Chile 6.440%, 01/26/2036 (C)		200,000		205,886
Eastman Chemical Company 5.625%, 02/20/2034		105,000		105,582
Glencore Funding LLC
5.371%, 04/04/2029 (C)		85,000		85,169
5.634%, 04/04/2034 (C)		195,000		195,521
6.375%, 10/06/2030 (C)		210,000		221,612
Rio Tinto Alcan, Inc. 6.125%, 12/15/2033		115,000		123,635
Standard Industries, Inc.
3.375%, 01/15/2031 (C)		10,000		8,385
4.375%, 07/15/2030 (C)		410,000		368,404
				2,484,718
Real estate – 0.7%
American Tower Corp.
2.700%, 04/15/2031		30,000		25,397
3.800%, 08/15/2029		115,000		107,325
Crown Castle, Inc.
2.900%, 03/15/2027		110,000		102,887
3.800%, 02/15/2028		5,000		4,734
4.300%, 02/15/2029		50,000		47,928
4.800%, 09/01/2028		255,000		250,023
5.000%, 01/11/2028		90,000		89,052
5.600%, 06/01/2029		85,000		86,141
GLP Capital LP
5.300%, 01/15/2029		70,000		68,830
5.750%, 06/01/2028		130,000		130,096
SBA Tower Trust 2.836%, 01/15/2025 (C)		300,000		292,808
VICI Properties LP
4.625%, 12/01/2029 (C)		50,000		47,286
4.950%, 02/15/2030		232,000		224,357
WEA Finance LLC 3.500%, 06/15/2029 (C)		5,000		4,417
				1,481,281
Utilities – 4.8%
Alabama Power Company
3.450%, 10/01/2049		120,000		88,700
4.150%, 08/15/2044		105,000		88,591
Ameren Corp. 5.000%, 01/15/2029		320,000		318,249
Arizona Public Service Company
5.550%, 08/01/2033		55,000		55,619
6.350%, 12/15/2032		110,000		117,395
Cleco Corporate Holdings LLC
3.375%, 09/15/2029		90,000		78,512
4.973%, 05/01/2046		5,000		4,175
Consolidated Edison Company of New York, Inc.
3.200%, 12/01/2051		120,000		82,543
5.500%, 03/15/2034		55,000		56,817
Dominion Energy, Inc.
3.375%, 04/01/2030		115,000		104,511
5.375%, 11/15/2032		415,000		417,357
6.300%, 03/15/2033		5,000		5,267
Duke Energy Corp.
2.550%, 06/15/2031		425,000		357,857
4.500%, 08/15/2032		140,000		132,714

 

139

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Investment Quality Bond Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Utilities (continued)
Duke Energy Corp. (continued)
4.850%, 01/05/2029	$	215,000	$	212,971
5.000%, 08/15/2052		40,000		36,207
Duke Energy Indiana LLC
2.750%, 04/01/2050		80,000		50,697
3.250%, 10/01/2049		105,000		73,858
Duke Energy Ohio, Inc. 5.550%, 03/15/2054		60,000		59,844
Duke Energy Progress LLC
3.700%, 10/15/2046		125,000		96,006
4.000%, 04/01/2052		65,000		51,576
Edison International
4.125%, 03/15/2028		40,000		38,378
5.250%, 11/15/2028		115,000		114,595
6.950%, 11/15/2029		305,000		326,756
Emera, Inc. 6.750%, (6.750% to 6-15-26, then 3 month LIBOR + 5.440% to 6-15-46, then 3 month LIBOR + 6.190%), 06/15/2076		90,000		88,886
Evergy, Inc. 2.900%, 09/15/2029		175,000		156,312
Eversource Energy
5.125%, 05/15/2033		260,000		254,759
5.500%, 01/01/2034		85,000		85,009
5.950%, 02/01/2029		150,000		154,779
Georgia Power Company
4.300%, 03/15/2042		75,000		65,339
5.250%, 03/15/2034		65,000		65,656
Greenko Power II, Ltd. 4.300%, 12/13/2028		216,000		197,677
Greensaif Pipelines Bidco Sarl
6.129%, 02/23/2038 (C)		200,000		203,363
6.510%, 02/23/2042 (C)		200,000		207,847
IPALCO Enterprises, Inc. 3.700%, 09/01/2024		175,000		174,942
KeySpan Gas East Corp. 5.994%, 03/06/2033 (C)		130,000		131,746
Monongahela Power Company 5.850%, 02/15/2034 (C)		75,000		77,022
NextEra Energy Capital Holdings, Inc.
1.875%, 01/15/2027		125,000		114,461
2.250%, 06/01/2030		145,000		123,463
4.625%, 07/15/2027		135,000		133,118
Niagara Mohawk Power Corp. 5.290%, 01/17/2034 (C)		190,000		186,976
NiSource, Inc.
3.490%, 05/15/2027		155,000		147,843
5.250%, 03/30/2028		80,000		80,550
5.350%, 04/01/2034		130,000		129,296
5.400%, 06/30/2033		165,000		166,327
Oglethorpe Power Corp. 4.500%, 04/01/2047		80,000		66,553
Ohio Edison Company 5.500%, 01/15/2033 (C)		90,000		89,793
Oncor Electric Delivery Company LLC 5.650%, 11/15/2033		115,000		119,627
Pacific Gas & Electric Company
2.500%, 02/01/2031		430,000		357,579
4.400%, 03/01/2032		40,000		36,849
4.550%, 07/01/2030		140,000		133,073
5.250%, 03/01/2052		62,000		55,325
5.450%, 06/15/2027		25,000		25,072
5.900%, 06/15/2032		100,000		101,708
6.100%, 01/15/2029		220,000		226,705

Investment Quality Bond Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Utilities (continued)
Pacific Gas & Electric Company (continued)
6.150%, 01/15/2033	$	175,000	$	180,380
6.400%, 06/15/2033		255,000		268,500
Public Service Electric & Gas Company 5.450%, 03/01/2054		85,000		87,648
Public Service Enterprise Group, Inc.
5.200%, 04/01/2029		55,000		55,042
5.450%, 04/01/2034		35,000		35,065
6.125%, 10/15/2033		135,000		141,713
Puget Energy, Inc.
2.379%, 06/15/2028		130,000		115,943
3.650%, 05/15/2025		180,000		175,765
4.100%, 06/15/2030		67,000		61,152
4.224%, 03/15/2032		8,000		7,255
Sempra
3.400%, 02/01/2028		45,000		42,519
5.400%, 08/01/2026		125,000		125,361
Southern California Edison Company
5.150%, 06/01/2029		110,000		110,452
5.200%, 06/01/2034		215,000		212,845
5.750%, 04/15/2054		55,000		55,786
5.875%, 12/01/2053		60,000		61,836
5.950%, 11/01/2032		50,000		52,432
Southern California Gas Company
5.200%, 06/01/2033		110,000		110,113
5.600%, 04/01/2054		205,000		205,130
Southern Company Gas Capital Corp. 5.750%, 09/15/2033		35,000		36,231
Southwestern Electric Power Company 5.300%, 04/01/2033		100,000		98,793
The Brooklyn Union Gas Company 6.388%, 09/15/2033 (C)		170,000		175,614
The Southern Company 5.200%, 06/15/2033		205,000		204,841
Virginia Electric & Power Company
2.450%, 12/15/2050		43,000		25,250
5.000%, 04/01/2033 to 01/15/2034		320,000		314,801
5.350%, 01/15/2054		50,000		49,011
Wisconsin Power and Light Company 5.375%, 03/30/2034		75,000		75,499
Xcel Energy, Inc. 4.600%, 06/01/2032		85,000		79,930
				10,291,757
TOTAL CORPORATE BONDS (Cost $63,855,536)			$	62,827,130
MUNICIPAL BONDS – 1.5%
Chicago Board of Education (Illinois), GO 6.138%, 12/01/2039		155,000		145,445
Chicago Board of Education (Illinois), GO 6.319%, 11/01/2029		120,000		119,186
Chicago Transit Authority (Illinois) 3.912%, 12/01/2040		90,000		77,697
County of Riverside (California) 3.070%, 02/15/2028		600,000		567,931
Metropolitan Transportation Authority (New York) 4.750%, 11/15/2045		255,000		262,475
Metropolitan Transportation Authority (New York) 5.175%, 11/15/2049		315,000		292,076

 

140

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Investment Quality Bond Trust (continued)

		Shares or Principal Amount	Value
MUNICIPAL BONDS (continued)
Municipal Electric Authority of Georgia 6.637%, 04/01/2057	$	89,000	$	102,516
New York Transportation Development Corp. 4.248%, 09/01/2035		565,000		547,925
Philadelphia Authority for Industrial Development (Pennsylvania) 6.550%, 10/15/2028		675,000		724,762
State Board of Administration Finance Corp. (Florida) 1.258%, 07/01/2025		510,000		486,218
TOTAL MUNICIPAL BONDS (Cost $3,577,822)			$	3,326,231
COLLATERALIZED MORTGAGE OBLIGATIONS – 12.3%
Commercial and residential – 8.7%
Alternative Loan Trust
Series 2005-27, Class 2A1 (12 month Treasury Average Index + 1.350%), 6.439%, 08/25/2035 (E)		97,021		76,556
Series 2005-56, Class 5A1 (1 month CME Term SOFR + 0.754%), 6.084%, 11/25/2035 (E)		48,457		38,828
Series 2005-72, Class A1 (1 month CME Term SOFR + 0.654%), 5.984%, 01/25/2036 (E)		12,646		11,002
Series 2005-7CB, Class 2A8 (1 month CME Term SOFR + 0.564%), 5.500%, 03/01/2038 (E)		84,859		62,239
Series 2006-9T1, Class A1, 5.750%, 05/25/2036		63,501		24,085
American Home Mortgage Assets Trust
Series 2006-3, Class 2A11 (12 month Treasury Average Index + 0.940%), 6.029%, 10/25/2046 (E)		29,693		19,572
Series 2007-2, Class A1 (1 month CME Term SOFR + 0.239%), 5.569%, 03/25/2047 (E)		10,895		9,511
Angel Oak Mortgage Trust LLC
Series 2020-R1, Class A1, 0.990%, 04/25/2053 (C)(F)		85,331		78,083
Series 2021-2, Class A1, 0.985%, 04/25/2066 (C)(F)		127,718		105,522
Series 2021-4, Class A2, 1.241%, 01/20/2065 (C)(F)		121,857		99,054
Series 2021-5, Class A1, 0.951%, 07/25/2066 (C)(F)		296,501		248,789
Series 2021-6, Class A1, 1.458%, 09/25/2066 (C)(F)		447,222		363,655
Series 2021-8, Class A1, 1.820%, 11/25/2066 (C)(F)		214,558		184,521
Arroyo Mortgage Trust Series 2019-2, Class A1 3.347%, 04/25/2049 (C)(F)		147,178		137,790
BANK
Series 2017-BNK8, Class XA IO, 0.710%, 11/15/2050		3,659,551		76,260
Series 2019-BN18, Class XA IO, 0.885%, 05/15/2062		1,395,801		50,542
Series 2019-BN20, Class XA IO, 0.810%, 09/15/2062		2,197,411		77,965
Series 2019-BN22, Class XA IO, 0.590%, 11/15/2062		2,415,290		66,465
Series 2019-BN23, Class XA IO, 0.685%, 12/15/2052		1,905,049		60,568
Series 2019-BN24, Class XA IO, 0.634%, 11/15/2062		1,171,232		36,348

Investment Quality Bond Trust (continued)

		Shares or Principal Amount	Value
COLLATERALIZED MORTGAGE OBLIGATIONS (continued)
Commercial and residential (continued)
BANK (continued)
Series 2020-BN28, Class XA IO, 1.759%, 03/15/2063	$	2,527,898	$	221,084
Series 2023-BNK45, Class XA IO, 0.995%, 02/15/2056		995,538		62,392
BBCMS Mortgage Trust
Series 2017-C1, Class XA IO, 1.454%, 02/15/2050		2,837,790		93,781
Series 2022-C15, Class A5, 3.662%, 04/15/2055 (F)		110,000		99,241
Series 2022-C16, Class A5, 4.600%, 06/15/2055 (F)		120,000		116,433
Series 2022-C18, Class A4, 5.439%, 12/15/2055 (F)		150,000		154,284
Series 2022-C18, Class A5, 5.710%, 12/15/2055 (F)		50,000		52,299
Series 2023-C22, Class A5, 6.804%, 11/15/2056 (F)		185,000		209,124
Series 2024-C24, Class A5, 5.419%, 02/15/2057		180,000		185,155
Series 2024-C24, Class XA, 1.626%, 02/15/2057 (F)		999,690		109,492
BCAP LLC Trust Series 2006-AA2, Class A1 (1 month CME Term SOFR + 0.454%) 5.784%, 01/25/2037 (E)		72,924		64,731
Bear Stearns ALT-A Trust Series 2005-10, Class 11A1 (1 month CME Term SOFR + 0.614%) 5.944%, 01/25/2036 (E)		64,405		58,191
Bear Stearns Mortgage Funding Trust Series 2006-AR3, Class 1A1 (1 month CME Term SOFR + 0.474%) 5.804%, 10/25/2036 (E)		6,178		5,115
Benchmark Mortgage Trust
Series 2018-B1, Class XA IO, 0.519%, 01/15/2051		921,632		14,235
Series 2018-B4, Class XA IO, 0.455%, 07/15/2051		2,115,013		29,841
Series 2018-B8, Class XA IO, 0.619%, 01/15/2052		4,425,257		97,669
Series 2019-B10, Class XA IO, 1.189%, 03/15/2062		2,660,533		132,669
Series 2019-B12, Class XA IO, 1.024%, 08/15/2052		1,048,107		34,788
Series 2020-B18, Class XA IO, 1.780%, 07/15/2053		677,885		42,299
Series 2020-B22, Class XA IO, 1.511%, 01/15/2054		1,157,424		89,198
BINOM Securitization Trust Series 2021-INV1, Class A1 2.034%, 06/25/2056 (C)(F)		142,146		122,550
BPR Trust Series 2022-STAR, Class A (1 month CME Term SOFR + 3.232%) 8.557%, 08/15/2039 (C)(E)		275,000		275,678
BRAVO Residential Funding Trust
Series 2021-NQM1, Class A1, 0.941%, 02/25/2049 (C)(F)		79,197		69,968
Series 2021-NQM2, Class A1, 0.970%, 03/25/2060 (C)(F)		63,035		58,617

 

141

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Investment Quality Bond Trust (continued)

		Shares or Principal Amount	Value
COLLATERALIZED MORTGAGE OBLIGATIONS (continued)
Commercial and residential (continued)
BX Trust
Series 2022-PSB, Class A (1 month CME Term SOFR + 2.451%), 7.776%, 08/15/2039 (C)(E)	$	243,953	$	245,477
Series 2024-PAT, Class B (1 month CME Term SOFR + 3.039%), 8.289%, 03/15/2026 (C)(E)		39,000		38,976
CAMB Commercial Mortgage Trust Series 2019-LIFE, Class F (1 month CME Term SOFR + 2.847%) 8.173%, 12/15/2037 (C)(E)		355,000		352,338
Chase Mortgage Finance Trust Series 2005-S3, Class A10 5.500%, 11/25/2035		84,781		60,527
CHL Mortgage Pass-Through Trust
Series 2005-2, Class 2A3 (1 month CME Term SOFR + 0.794%), 6.124%, 03/25/2035 (E)		21,728		19,543
Series 2007-HY4, Class 1A1, 4.428%, 09/25/2047 (F)		52,563		45,325
Citigroup Commercial Mortgage Trust
Series 2014-GC23, Class XA IO, 0.880%, 07/10/2047		1,372,101		382
Series 2015-GC29, Class XA IO, 1.011%, 04/10/2048		1,532,009		10,560
Series 2016-C3, Class C, 4.061%, 11/15/2049 (F)		288,000		234,639
COLT Mortgage Loan Trust Series 2021-3, Class A1 0.956%, 09/27/2066 (C)(F)		620,306		497,622
Commercial Mortgage Trust (Cantor Fitzgerald/Deutsche Bank AG)
Series 2014-CR16, Class A4, 4.051%, 04/10/2047		179,377		178,985
Series 2014-CR17, Class A5, 3.977%, 05/10/2047		244,597		244,092
Commercial Mortgage Trust (Deutsche Bank AG)
Series 2013-300P, Class A1, 4.353%, 08/10/2030 (C)		260,000		244,471
Series 2015-3BP, Class A, 3.178%, 02/10/2035 (C)		580,000		543,050
Series 2022-HC, Class A, 2.819%, 01/10/2039 (C)		100,000		90,287
Series 2022-HC, Class D, 3.896%, 01/10/2039 (C)(F)		100,000		86,289
Credit Suisse Mortgage Capital Certificates
Series 2017-FHA1, Class A1, 3.250%, 04/25/2047 (C)(F)		143,836		129,551
Series 2021-NQM2, Class A1, 1.179%, 02/25/2066 (C)(F)		260,287		225,087
Series 2021-NQM8, Class A1, 1.841%, 10/25/2066 (C)(F)		227,134		196,959
Series 2021-RPL4, Class A1, 1.796%, 12/27/2060 (C)(F)		132,602		128,568
Series 2022-NQM1, Class A1, 2.265%, 11/25/2066 (C)(F)		564,207		492,127
CSAIL Commercial Mortgage Trust
Series 2015-C1, Class A4, 3.505%, 04/15/2050		15,000		14,712
Series 2015-C2, Class XA IO, 0.707%, 06/15/2057		4,473,280		17,812

Investment Quality Bond Trust (continued)

		Shares or Principal Amount	Value
COLLATERALIZED MORTGAGE OBLIGATIONS (continued)
Commercial and residential (continued)
CSAIL Commercial Mortgage Trust (continued)
Series 2016-C6, Class XA IO, 1.856%, 01/15/2049	$	1,015,834	$	27,358
DBJPM Mortgage Trust Series 2020-C9, Class XA IO 1.704%, 09/15/2053		523,396		28,264
DC Trust
Series 2024-HLTN, Class A, 5.727%, 04/13/2028 (C)(F)		90,000		90,179
Series 2024-HLTN, Class C, 7.036%, 04/13/2028 (C)(F)		45,000		45,103
Deephaven Residential Mortgage Trust Series 2021-2, Class A1 0.899%, 04/25/2066 (C)(F)		80,858		69,546
Deutsche Alt-A Securities Mortgage Loan Trust Series 2007-AR2, Class A1 (1 month CME Term SOFR + 0.414%) 5.744%, 03/25/2037 (E)		33,963		29,640
Ellington Financial Mortgage Trust
Series 2021-2, Class A1, 0.931%, 06/25/2066 (C)(F)		86,626		69,557
Series 2022-1, Class A1, 2.206%, 01/25/2067 (C)(F)		253,003		214,598
GCAT Trust
Series 2021-NQM2, Class A1, 1.036%, 05/25/2066 (C)(F)		172,664		141,824
Series 2021-NQM3, Class A1, 1.091%, 05/25/2066 (C)(F)		229,888		190,584
Series 2021-NQM7, Class A1, 1.915%, 08/25/2066 (C)(F)		159,495		138,673
GMACM Mortgage Loan Trust Series 2006-AR1, Class 1A1 3.643%, 04/19/2036 (F)		93,109		72,409
GS Mortgage Securities Trust Series 2024-70P, Class B 5.507%, 03/10/2041 (C)(F)		295,000		292,385
GSR Mortgage Loan Trust
Series 2006-AR1, Class 2A1, 4.713%, 01/25/2036 (F)		2,590		2,345
Series 2007-1F, Class 4A1 (1 month CME Term SOFR + 0.414%), 5.744%, 01/25/2037 (E)		73,369		16,855
HarborView Mortgage Loan Trust
Series 2005-8, Class 1A2A (1 month CME Term SOFR + 0.774%), 6.101%, 09/19/2035 (E)		18,995		12,323
Series 2006-12, Class 2A13 (1 month CME Term SOFR + 0.594%), 5.921%, 12/19/2036 (E)		112,203		104,968
Series 2006-12, Class 2A2A (1 month CME Term SOFR + 0.494%), 5.821%, 01/19/2038 (E)		40,400		34,992
Series 2007-7, Class 2A1B (1 month CME Term SOFR + 2.114%), 6.444%, 10/25/2037 (E)		42,499		34,241
Imperial Fund Mortgage Trust
Series 2021-NQM2, Class A1, 1.073%, 09/25/2056 (C)(F)		176,980		144,022
Series 2022-NQM2, Class A1 (3.638% to 3-25-26, then 4.638% thereafter), 3.638%, 03/25/2067 (C)		545,259		505,096

 

142

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Investment Quality Bond Trust (continued)

		Shares or Principal Amount	Value
COLLATERALIZED MORTGAGE OBLIGATIONS (continued)
Commercial and residential (continued)
IndyMac INDA Mortgage Loan Trust Series 2006-AR3, Class 1A1 4.222%, 12/25/2036 (F)	$	29,970	$	23,202
JPMorgan Chase Commercial Mortgage Securities Trust Series 2020-NNN, Class AFX 2.812%, 01/16/2037 (C)		160,000		136,148
JPMorgan Mortgage Trust Series 2006-A3, Class 3A2 4.294%, 05/25/2036 (F)		6,000		4,796
Legacy Mortgage Asset Trust
Series 2021-GS2, Class A1 (1.750% to 4-25-24, then 4.750% to 4-25-25, then 5.750% thereafter), 1.750%, 04/25/2061 (C)		130,221		126,196
Series 2021-GS3, Class A1 (1.750% to 5-25-24, then 4.750% to 5-25-25, then 5.750% thereafter), 1.750%, 07/25/2061 (C)		172,169		166,473
Series 2021-GS4, Class A1 (1.650% to 8-25-24, then 4.650% to 8-25-25, then 5.650% thereafter), 1.650%, 11/25/2060 (C)		87,738		84,859
Lehman XS Trust Series 2006-16N, Class A4A (1 month CME Term SOFR + 0.494%) 5.824%, 11/25/2046 (E)		97,074		82,686
Luminent Mortgage Trust Series 2006-4, Class A1A (1 month CME Term SOFR + 0.494%) 5.824%, 05/25/2046 (E)		88,713		72,156
MASTR Adjustable Rate Mortgages Trust Series 2004-13, Class 3A7 5.371%, 11/21/2034 (F)		10,356		9,652
MFA Trust
Series 2020-NQM3, Class A1, 1.014%, 01/26/2065 (C)(F)		22,337		20,302
Series 2021-NQM1, Class A1, 1.153%, 04/25/2065 (C)(F)		92,579		84,117
Series 2021-NQM2, Class A1, 1.029%, 11/25/2064 (C)(F)		128,883		110,789
Morgan Stanley Bank of America Merrill Lynch Trust Series 2014-C19, Class XA IO 0.950%, 12/15/2047		825,844		1,277
Morgan Stanley Capital I Trust
Series 2014-150E, Class A, 3.912%, 09/09/2032 (C)		610,000		534,183
Series 2017-H1, Class XA IO, 1.304%, 06/15/2050		634,305		16,131
New Residential Mortgage Loan Trust
Series 2016-2A, Class A1, 3.750%, 11/26/2035 (C)(F)		135,996		127,146
Series 2016-4A, Class A1, 3.750%, 11/25/2056 (C)(F)		155,165		143,977
Series 2017-4A, Class A1, 4.000%, 05/25/2057 (C)(F)		137,145		129,395
Series 2017-5A, Class A1 (1 month CME Term SOFR + 1.614%), 6.944%, 06/25/2057 (C)(E)		123,309		123,319
Series 2018-1A, Class A1A, 4.000%, 12/25/2057 (C)(F)		101,872		96,392

Investment Quality Bond Trust (continued)

		Shares or Principal Amount	Value
COLLATERALIZED MORTGAGE OBLIGATIONS (continued)
Commercial and residential (continued)
New Residential Mortgage Loan Trust (continued)
Series 2018-4A, Class A1S (1 month CME Term SOFR + 0.864%), 6.194%, 01/25/2048 (C)(E)	$	157,607	$	152,742
Series 2019-5A, Class A1B, 3.500%, 08/25/2059 (C)(F)		142,597		132,039
Series 2019-NQM4, Class A1, 2.492%, 09/25/2059 (C)(F)		38,480		35,431
Series 2021-NQ2R, Class A1, 0.941%, 10/25/2058 (C)(F)		72,439		65,720
NJ Trust Series 2023-GSP, Class A 6.481%, 01/06/2029 (C)(F)		225,000		235,111
NMLT Trust Series 2021-INV1, Class A1 1.185%, 05/25/2056 (C)(F)		370,438		305,968
OBX Trust
Series 2021-NQM1, Class A1, 1.072%, 02/25/2066 (C)(F)		241,447		204,887
Series 2021-NQM3, Class A1, 1.054%, 07/25/2061 (C)(F)		228,795		177,478
Series 2022-NQM1, Class A1, 2.305%, 11/25/2061 (C)(F)		455,934		391,013
PRPM LLC
Series 2020-6, Class A1 (5.363% to 11-25-24, then 6.363% thereafter), 5.363%, 11/25/2025 (C)		58,874		58,673
Series 2021-3, Class A1 (1.867% to 4-25-24, then 4.867% to 4-25-25, then 5.867% thereafter), 1.867%, 04/25/2026 (C)		133,810		131,490
Series 2021-4, Class A1 (1.867% to 4-25-24, then 4.867% to 4-25-25, then 5.867% thereafter), 1.867%, 04/25/2026 (C)		232,654		226,896
Series 2021-9, Class A1 (2.363% to 10-25-24, then 5.363% to 10-25-25, then 6.363% thereafter), 2.363%, 10/25/2026 (C)		395,958		385,855
RALI Series Trust Series 2007-QH7, Class 1A1 (1 month CME Term SOFR + 0.614%) 5.944%, 08/25/2037 (E)		30,742		27,649
Seasoned Credit Risk Transfer Trust Series 2019-3, Class MV 3.500%, 10/25/2058		111,085		99,980
SG Commercial Mortgage Securities Trust Series 2020-COVE, Class A 2.632%, 03/15/2037 (C)		645,000		589,413
SG Residential Mortgage Trust Series 2021-1, Class A1 1.160%, 07/25/2061 (C)(F)		325,896		261,394
Starwood Mortgage Residential Trust
Series 2021-1, Class A1, 1.219%, 05/25/2065 (C)(F)		177,748		154,983
Series 2021-2, Class A1, 0.943%, 05/25/2065 (C)(F)		61,919		55,915
Series 2021-6, Class A1, 1.920%, 11/25/2066 (C)(F)		347,405		290,143

 

143

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Investment Quality Bond Trust (continued)

		Shares or Principal Amount	Value
COLLATERALIZED MORTGAGE OBLIGATIONS (continued)
Commercial and residential (continued)
Toorak Mortgage Corp., Ltd. Series 2021-1, Class A1 3.240%, 06/25/2024 (C)	$	149,875	$	148,291
Towd Point Mortgage Trust Series 2021-R1, Class A1 2.918%, 11/30/2060 (C)(F)		578,481		492,008
TYSN Mortgage Trust Series 2023-CRNR, Class A 6.580%, 12/10/2033 (C)(F)		410,000		428,466
Verus Securitization Trust
Series 2021-2, Class A1, 1.031%, 02/25/2066 (C)(F)		96,659		83,355
Series 2021-8, Class A1, 1.824%, 11/25/2066 (C)(F)		241,134		206,305
Series 2021-R2, Class A1, 0.918%, 02/25/2064 (C)(F)		108,810		96,216
Series 2022-1, Class A1 (2.724% to 1-25-26, then 3.724% thereafter), 2.724%, 01/25/2067 (C)		345,204		310,700
Series 2022-3, Class A1 (4.130% to 3-1-26, then 5.130% thereafter), 4.130%, 02/25/2067 (C)		79,212		74,146
WaMu Mortgage Pass-Through Certificates Series 2007-HY6, Class 1A1 3.811%, 06/25/2037 (F)		10,872		9,155
Washington Mutual Mortgage Pass-Through Certificates Series 2006-5, Class 1A1 (1 month CME Term SOFR + 0.714%) 6.000%, 07/25/2036 (E)		16,327		10,739
Wells Fargo Commercial Mortgage Trust
Series 2014-LC16, Class A5, 3.817%, 08/15/2050		161,054		159,996
Series 2015-NXS1, Class D, 4.140%, 05/15/2048 (F)		40,000		34,375
Series 2015-NXS1, Class XA IO, 1.056%, 05/15/2048		1,311,638		6,999
Series 2015-NXS3, Class XA IO, 0.870%, 09/15/2057		2,462,267		24,320
				18,749,577
U.S. Government Agency – 3.6%
Federal Home Loan Mortgage Corp.
Series 2021-DNA6, Class B1 (30 day Average SOFR + 3.400%), 8.720%, 10/25/2041 (C)(E)		205,000		212,111
Series 2021-DNA7, Class B1 (30 day Average SOFR + 3.650%), 8.970%, 11/25/2041 (C)(E)		194,000		201,994
Series 2022-DNA3, Class M1B (30 day Average SOFR + 2.900%), 8.220%, 04/25/2042 (C)(E)		168,000		173,679
Series 2022-DNA4, Class M1B (30 day Average SOFR + 3.350%), 8.670%, 05/25/2042 (C)(E)		235,000		245,492
Series 2022-DNA5, Class M1B (30 day Average SOFR + 4.500%), 9.820%, 06/25/2042 (C)(E)		285,000		308,187
Series 2022-DNA6, Class M1B (30 day Average SOFR + 3.700%), 9.020%, 09/25/2042 (C)(E)		200,000		211,988

Investment Quality Bond Trust (continued)

		Shares or Principal Amount	Value
COLLATERALIZED MORTGAGE OBLIGATIONS (continued)
U.S. Government Agency (continued)
Federal Home Loan Mortgage Corp. (continued)
Series 2022-HQA1, Class M1B (30 day Average SOFR + 3.500%), 8.820%, 03/25/2042 (C)(E)	$	55,000	$	57,338
Series 2022-HQA2, Class M1B (30 day Average SOFR + 4.000%), 9.320%, 07/25/2042 (C)(E)		180,000		191,350
Series 2022-HQA3, Class M1B (30 day Average SOFR + 3.550%), 8.870%, 08/25/2042 (C)(E)		70,000		73,429
Series 2023-DNA2, Class M1B (30 day Average SOFR + 3.250%), 8.570%, 04/25/2043 (C)(E)		150,000		157,225
Series 2023-HQA1, Class M1B (30 day Average SOFR + 3.500%), 8.820%, 05/25/2043 (C)(E)		445,000		469,530
Series 2023-HQA2, Class M1B (30 day Average SOFR + 3.350%), 8.670%, 06/25/2043 (C)(E)		510,000		539,503
Series 3883, Class PB, 3.000%, 05/15/2041		49,067		45,995
Series 5055, Class DG, 1.500%, 12/25/2050		398,042		311,692
Series 5170, Class DP, 2.000%, 07/25/2050		395,231		333,132
Series K064, Class X1 IO, 0.595%, 03/25/2027		2,091,482		30,736
Series K068, Class A2, 3.244%, 08/25/2027		545,000		520,999
Series K104, Class X1 IO, 1.123%, 01/25/2030		1,295,192		66,268
Series K111, Class X1 IO, 1.570%, 05/25/2030		547,643		41,477
Series K114, Class X1 IO, 1.115%, 06/25/2030		1,593,778		88,540
Series K121, Class X1 IO, 1.021%, 10/25/2030		841,856		43,045
Series K122, Class X1 IO, 0.878%, 11/25/2030		475,277		21,497
Series K124, Class X1 IO, 0.718%, 12/25/2030		1,902,086		73,118
Federal National Mortgage Association
Series 2012-18, Class GA, 2.000%, 12/25/2041		51,147		46,396
Series 2012-21, Class PQ, 2.000%, 09/25/2041		29,345		26,847
Series 2012-52, Class PA, 3.500%, 05/25/2042		46,727		44,069
Series 2015-48, Class QB, 3.000%, 02/25/2043		56,074		53,747
Series 2016-11, Class GA, 2.500%, 03/25/2046		75,312		67,935
Series 2016-38, Class NA, 3.000%, 01/25/2046		39,213		35,664
Series 2016-C07, Class 2M2 (30 day Average SOFR + 4.464%), 9.785%, 05/25/2029 (E)		140,873		148,235
Series 2017-16, Class PB, 3.000%, 03/25/2047		270,000		225,166
Series 2017-26, Class CG, 3.500%, 07/25/2044		39,965		38,790
Series 2017-34, Class JK, 3.000%, 05/25/2047		28,289		27,072

 

144

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Investment Quality Bond Trust (continued)

		Shares or Principal Amount	Value
COLLATERALIZED MORTGAGE OBLIGATIONS (continued)
U.S. Government Agency (continued)
Federal National Mortgage Association (continued)
Series 2017-35, Class AH, 3.500%, 04/25/2053	$	50,334	$	49,092
Series 2017-49, Class JA, 4.000%, 07/25/2053		51,796		50,617
Series 2017-84, Class KA, 3.500%, 04/25/2053		60,041		57,955
Series 2017-C01, Class 1M2 (30 day Average SOFR + 3.664%), 8.985%, 07/25/2029 (E)		80,952		83,886
Series 2018-23, Class LA, 3.500%, 04/25/2048		109,186		101,345
Series 2018-70, Class HA, 3.500%, 10/25/2056		75,207		72,119
Series 2019-12, Class HA, 3.500%, 11/25/2057		127,989		120,086
Series 2019-14, Class CA, 3.500%, 04/25/2049		133,161		125,412
Series 2019-45, Class PT, 3.000%, 08/25/2049		119,188		105,949
Series 2019-HRP1, Class M2 (30 day Average SOFR + 2.264%), 7.585%, 11/25/2039 (C)(E)		40,556		40,854
Series 2021-R01, Class 1B1 (30 day Average SOFR + 3.100%), 8.420%, 10/25/2041 (C)(E)		80,000		82,297
Series 2022-90, Class AY, 4.500%, 12/25/2041		640,000		604,492
Series 2022-R01, Class 1B1 (30 day Average SOFR + 3.150%), 8.470%, 12/25/2041 (C)(E)		188,000		193,141
Series 2022-R02, Class 2B1 (30 day Average SOFR + 4.500%), 9.820%, 01/25/2042 (C)(E)		395,000		415,134
Series 2022-R08, Class 1M1 (30 day Average SOFR + 2.550%), 7.870%, 07/25/2042 (C)(E)		68,981		70,803
Series 2023-R05, Class 1M2 (30 day Average SOFR + 3.100%), 8.421%, 06/25/2043 (C)(E)		144,000		151,216
Series 2023-R06, Class 1M2 (30 day Average SOFR + 2.700%), 8.020%, 07/25/2043 (C)(E)		150,000		155,228
Series 2024-R02, Class 1B1 (30 day Average SOFR + 2.500%), 7.820%, 02/25/2044 (C)(E)		75,000		75,469
Series 2024-R02, Class 1M2 (30 day Average SOFR + 1.800%), 7.120%, 02/25/2044 (C)(E)		88,000		88,303
Series 415, Class A3, 3.000%, 11/25/2042		96,564		87,692
Government National Mortgage Association
Series 2006-38, Class XS IO, 1.809%, 09/16/2035		11,112		102
Series 2013-37, Class LG, 2.000%, 01/20/2042		48,128		45,543
				7,908,981
TOTAL COLLATERALIZED MORTGAGE OBLIGATIONS (Cost $29,258,110)			$	26,658,558

Investment Quality Bond Trust (continued)

		Shares or Principal Amount	Value
ASSET BACKED SECURITIES – 10.4%
AASET Trust Series 2020-1A, Class A 3.351%, 01/16/2040 (C)	$	103,183	$	92,185
ABFC Trust Series 2006-HE1, Class A2D (1 month CME Term SOFR + 0.554%) 5.884%, 01/25/2037 (E)		88,307		48,999
Affirm Asset Securitization Trust Series 2023-A, Class 1A 6.610%, 01/18/2028 (C)		185,000		186,123
Aligned Data Centers Issuer LLC Series 2023-1A, Class A2 6.000%, 08/17/2048 (C)		265,000		264,934
American Credit Acceptance Receivables Trust Series 2023-3, Class B 6.090%, 11/12/2027 (C)		155,000		155,407
AmeriCredit Automobile Receivables Trust Series 2019-3, Class D 2.580%, 09/18/2025		239,954		239,567
ARI Fleet Lease Trust Series 2023-A, Class A2 5.410%, 02/17/2032 (C)		300,087		299,377
Avant Loans Funding Trust Series 2021-REV1, Class A 1.210%, 07/15/2030 (C)		6,858		6,849
Avis Budget Rental Car Funding Aesop LLC
Series 2023-7A, Class A 5.900%, 08/21/2028 (C)		175,000		178,136
Series 2024-3A, Class B 5.580%, 12/20/2030 (C)		100,000		99,744
Avis Budget Rental Car Funding AESOP LLC Series 2024-1A, Class A 5.360%, 06/20/2030 (C)		145,000		145,718
Battalion CLO XXV, Ltd. Series 2024-25A, Class B (3 month CME Term SOFR + 2.200%) 7.472%, 03/13/2037 (C)(E)		395,000		394,860
Benefit Street Partners CLO XXXI, Ltd. Series 2023-31A, Class B1 (3 month CME Term SOFR + 2.350%) 7.675%, 04/25/2036 (C)(E)		270,000		271,417
BlueMountain CLO XXIV, Ltd. Series 2019-24A, Class AR (3 month CME Term SOFR + 1.362%) 6.679%, 04/20/2034 (C)(E)		415,000		415,035
Carvana Auto Receivables Trust Series 2022-P2, Class A3 4.130%, 04/12/2027		389,310		384,079
CF Hippolyta Issuer LLC
Series 2020-1, Class A1 1.690%, 07/15/2060 (C)		104,128		97,351
Series 2020-1, Class A2 1.990%, 07/15/2060 (C)		126,766		108,962
Series 2022-1A, Class A1 5.970%, 08/15/2062 (C)		100,644		98,112
Chesapeake Funding II LLC Series 2023-1A, Class A1 5.650%, 05/15/2035 (C)		251,246		251,515
CNH Equipment Trust Series 2023-A, Class A4 4.770%, 10/15/2030		85,000		84,213

 

145

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Investment Quality Bond Trust (continued)

		Shares or Principal Amount	Value
ASSET BACKED SECURITIES (continued)
CPS Auto Receivables Trust Series 2023-B, Class A 5.910%, 08/16/2027 (C)	$	270,156	$	270,302
Credit Acceptance Auto Loan Trust Series 2024-1A, Class A 5.680%, 03/15/2034 (C)		180,000		180,709
DLLAA LLC Series 2023-1A, Class A3 5.640%, 02/22/2028 (C)		135,000		136,332
Domino's Pizza Master Issuer LLC
Series 2018-1A, Class A2I 4.116%, 07/25/2048 (C)		350,575		341,034
Series 2019-1A, Class A2 3.668%, 10/25/2049 (C)		168,000		154,511
Series 2021-1A, Class A2I 2.662%, 04/25/2051 (C)		598,087		531,946
DT Auto Owner Trust
Series 2023-1A, Class B 5.190%, 10/16/2028 (C)		120,000		119,253
Series 2023-2A, Class B 5.410%, 02/15/2029 (C)		135,000		134,268
Elmwood CLO, Ltd.
Series 2022-6A, Class BR (3 month CME Term SOFR + 2.400%) 7.717%, 10/17/2036 (C)(E)		365,000		368,396
Series 2023-2A, Class B (3 month CME Term SOFR + 2.250%) 7.564%, 04/16/2036 (C)(E)		250,000		251,390
Enterprise Fleet Financing LLC
Series 2023-1, Class A3 5.420%, 10/22/2029 (C)		185,000		185,635
Series 2024-1, Class A3 5.160%, 09/20/2030 (C)		75,000		74,804
Exeter Automobile Receivables Trust
Series 2019-4A, Class D 2.580%, 09/15/2025 (C)		94,780		94,253
Series 2020-1A, Class D 2.730%, 12/15/2025 (C)		46,501		46,064
Series 2022-4A, Class B 4.570%, 01/15/2027		130,498		130,094
Series 2022-6A, Class B 6.030%, 08/16/2027		75,000		75,045
First Franklin Mortgage Loan Trust Series 2006-FF12, Class A5 (1 month CME Term SOFR + 0.424%) 5.754%, 09/25/2036 (E)		168,440		155,687
FirstKey Homes Trust
Series 2022-SFR1, Class A 4.145%, 05/19/2039 (C)		138,985		134,775
Series 2022-SFR2, Class A 4.250%, 07/17/2039 (C)		571,494		552,786
Flagship Credit Auto Trust
Series 2022-3, Class B 4.690%, 07/17/2028 (C)		239,000		235,270
Series 2023-1, Class B 5.050%, 01/18/2028 (C)		66,000		65,319
GLS Auto Receivables Issuer Trust Series 2022-3A, Class B 4.920%, 01/15/2027 (C)		45,000		44,690
Golub Capital Partners CLO 68B, Ltd. Series 2023-68A, Class B (3 month CME Term SOFR + 2.800%) 8.125%, 07/25/2036 (C)(E)		250,000		252,527
GSAA Home Equity Trust
Series 2006-10, Class AF3 5.985%, 06/25/2036 (F)		134,447		34,237

Investment Quality Bond Trust (continued)

		Shares or Principal Amount	Value
ASSET BACKED SECURITIES (continued)
GSAA Home Equity Trust (continued)
Series 2006-15, Class AF6 6.376%, 09/25/2036	$	336,330	$	84,006
Series 2006-20, Class 2A1A (1 month CME Term SOFR + 0.214%) 5.544%, 12/25/2046 (E)		175,736		85,549
GSAA Trust Series 2005-7, Class AF4 5.558%, 05/25/2035		140,627		132,452
GSAMP Trust Series 2007-FM2, Class A2B (1 month CME Term SOFR + 0.204%) 5.534%, 01/25/2037 (E)		173,670		102,138
Hertz Vehicle Financing III LLC Series 2023-3A, Class A 5.940%, 02/25/2028 (C)		475,000		482,033
HPS Loan Management, Ltd. Series 2024-19A, Class A1 (3 month CME Term SOFR + 1.570%) 6.874%, 04/15/2037 (C)(E)		580,000		580,104
Invesco US CLO, Ltd. Series 2023-2A, Class B (3 month CME Term SOFR + 2.300%) 7.618%, 04/21/2036 (C)(E)		250,000		250,653
Madison Park Funding LXVII, Ltd. Series 2024-67A, Class A1 (3 month CME Term SOFR + 1.510%) 6.808%, 04/25/2037 (C)(E)		420,000		420,289
MF1, Ltd. Series 2022-FL8, Class AS (1 month CME Term SOFR + 1.750%) 7.076%, 02/19/2037 (C)(E)		335,000		328,925
MFA LLC Series 2021-NPL1, Class A1 (5.363% to 3-25-25, then 6.363% thereafter) 5.363%, 03/25/2060 (C)		188,019		186,191
Navient Private Education Refi Loan Trust
Series 2021-EA, Class A 0.970%, 12/16/2069 (C)		145,324		125,612
Series 2021-FA, Class A 1.110%, 02/18/2070 (C)		208,531		178,046
Series 2023-A, Class A 5.510%, 10/15/2071 (C)		267,366		268,456
New Economy Assets Phase 1 Sponsor LLC Series 2021-1, Class A1 1.910%, 10/20/2061 (C)		310,000		271,480
NRZ Excess Spread-Collateralized Notes Series 2020-PLS1, Class A 3.844%, 12/25/2025 (C)		33,889		32,484
OCP CLO, Ltd. Series 2024-32A, Class A1 (3 month CME Term SOFR + 1.520%) 6.818%, 04/23/2037 (C)(E)		415,000		415,073
Octagon, Ltd. Series 2023-2A, Class B (3 month CME Term SOFR + 2.350%) 7.668%, 04/20/2036 (C)(E)		270,000		270,565
Pretium Mortgage Credit Partners LLC
Series 2021-NPL3, Class A1 (1.868% to 7-25-24, then 4.868% to 7-25-25, then 5.868% thereafter) 1.868%, 07/25/2051 (C)		177,073		170,852

 

146

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Investment Quality Bond Trust (continued)

		Shares or Principal Amount	Value
ASSET BACKED SECURITIES (continued)
Pretium Mortgage Credit Partners LLC (continued)
Series 2021-NPL6, Class A1 (2.487% to 11-25-24, then 5.487% to 11-25-25, then 6.487% thereafter) 2.487%, 07/25/2051 (C)	$	113,223	$	110,460
Series 2022-NPL1, Class A1 (2.981% to 12-25-24, then 5.981% to 12-25-25, then 6.981% thereafter) 2.981%, 01/25/2052 (C)		374,594		364,049
Progress Residential Trust
Series 2021-SFR8, Class A 1.510%, 10/17/2038 (C)		392,042		356,362
Series 2022-SFR3, Class A 3.200%, 04/17/2039 (C)		132,843		125,047
Series 2022-SFR5, Class A 4.451%, 06/17/2039 (C)		103,471		100,857
Series 2022-SFR6, Class A 4.451%, 07/20/2039 (C)		624,093		608,656
Series 2022-SFR7, Class A 4.750%, 10/27/2039 (C)		163,848		161,056
Retained Vantage Data Centers Issuer LLC Series 2023-1A, Class A2A 5.000%, 09/15/2048 (C)		395,000		381,807
RR 23, Ltd. Series 2022-23A, Class A2R (3 month CME Term SOFR + 2.650%) 7.964%, 10/15/2035 (C)(E)		520,000		524,526
Santander Drive Auto Receivables Trust
Series 2023-1, Class B 4.980%, 02/15/2028		140,000		139,038
Series 2023-3, Class B 5.610%, 07/17/2028		235,000		235,534
Securitized Asset Backed Receivables LLC Trust Series 2006-HE1, Class A2B (1 month CME Term SOFR + 0.294%) 5.624%, 07/25/2036 (E)		117,113		40,493
SFS Auto Receivables Securitization Trust Series 2023-1A, Class B 5.710%, 01/22/2030 (C)		115,000		116,172
Sound Point CLO XXIX, Ltd. Series 2021-1A, Class A (3 month CME Term SOFR + 1.332%) 6.656%, 04/25/2034 (C)(E)		655,000		654,158
Soundview Home Loan Trust Series 2007-OPT2, Class 2A3 (1 month CME Term SOFR + 0.294%) 5.624%, 07/25/2037 (E)		21,376		18,777
Stack Infrastructure Issuer LLC
Series 2023-2A, Class A2 5.900%, 07/25/2048 (C)		225,000		224,211
Series 2024-1A, Class A2 5.900%, 03/25/2049 (C)		120,000		120,347
Summit Issuer LLC Series 2020-1A, Class A2 2.290%, 12/20/2050 (C)		155,000		144,500
Taco Bell Funding LLC Series 2021-1A, Class A2II 2.294%, 08/25/2051 (C)		878,355		762,807
Texas Debt Capital CLO, Ltd. Series 2023-1A, Class B (3 month CME Term SOFR + 2.300%) 7.618%, 04/20/2036 (C)(E)		300,000		300,970

Investment Quality Bond Trust (continued)

		Shares or Principal Amount	Value
ASSET BACKED SECURITIES (continued)
Texas Natural Gas Securitization Finance Corp. Series 2023-1, Class A1 5.102%, 04/01/2035	$	280,000	$	282,449
THL Credit Wind River CLO, Ltd. Series 2020-1A, Class A (3 month CME Term SOFR + 1.692%) 7.009%, 10/20/2033 (C)(E)		520,000		520,136
Tricolor Auto Securitization Trust Series 2023-1A, Class A 6.480%, 08/17/2026 (C)		45,303		45,311
Tricon Residential Trust Series 2022-SFR2, Class A 4.849%, 07/17/2040 (C)		373,915		369,136
VCAT LLC
Series 2021-NPL2, Class A1 (5.115% to 3-25-25, then 6.115% thereafter) 5.115%, 03/27/2051 (C)		47,518		47,019
Series 2021-NPL3, Class A1 (1.743% to 5-25-24, then 4.473% to 5-25-25, then 5.743% thereafter) 1.743%, 05/25/2051 (C)		172,480		167,068
Venture 42 CLO, Ltd. Series 2021-42A, Class A1A (3 month CME Term SOFR + 1.392%) 6.706%, 04/15/2034 (C)(E)		655,000		654,981
Vericrest Opportunity Loan Transferee
Series 2021-CF1, Class A1 (1.992% to 8-25-24, then 4.992% to 8-25-25, then 5.992% thereafter) 1.992%, 08/25/2051 (C)		221,212		212,836
Series 2021-NP11, Class A1 (1.868% to 7-25-24, then 4.868% to 7-25-25, then 5.868% thereafter) 1.868%, 08/25/2051 (C)		307,508		296,064
Series 2021-NPL3, Class A1 (5.240% to 1-25-25, then 6.240% thereafter) 5.240%, 02/27/2051 (C)		168,379		164,525
Wellfleet CLO X, Ltd. Series 2019-XA, Class A1R (3 month CME Term SOFR + 1.432%) 6.749%, 07/20/2032 (C)(E)		519,216		518,697
Wendy's Funding LLC Series 2018-1A, Class A2II 3.884%, 03/15/2048 (C)		220,298		207,878
Westlake Automobile Receivables Trust
Series 2020-3A, Class D 1.650%, 02/17/2026 (C)		145,068		143,579
Series 2022-2A, Class B 4.310%, 09/15/2027 (C)		270,000		267,636
Series 2023-1A, Class B 5.410%, 01/18/2028 (C)		75,000		74,806
Wingstop Funding LLC Series 2020-1A, Class A2 2.841%, 12/05/2050 (C)		197,000		178,785
World Omni Auto Receivables Trust Series 2023-A, Class B 5.030%, 05/15/2029		125,000		124,232
TOTAL ASSET BACKED SECURITIES (Cost $23,000,343)			$	22,541,783

 

147

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Investment Quality Bond Trust (continued)

		Shares or Principal Amount	Value
SHORT-TERM INVESTMENTS – 2.1%
Repurchase agreement – 2.1%
Deutsche Bank Tri-Party Repurchase Agreement dated 3-28-24 at 5.320% to be repurchased at $4,602,719 on 4-1-24, collateralized by $4,745,000 U.S. Treasury Bills, 0.000% due 6-13-24 (valued at $4,692,046)	$	4,600,000	$	4,600,000
TOTAL SHORT-TERM INVESTMENTS (Cost $4,600,000)			$	4,600,000
Total Investments (Investment Quality Bond Trust) (Cost $292,667,711) – 125.5%			$	271,876,074
Other assets and liabilities, net – (25.5%)				(55,276,403)
TOTAL NET ASSETS – 100.0%			$	216,599,671

Currency Abbreviations
BRL	Brazilian Real
EUR	Euro

Security Abbreviations and Legend
CME	CME Group Published Rates
CMT	Constant Maturity Treasury
EURIBOR	Euro Interbank Offered Rate

Investment Quality Bond Trust (continued)

GO	General Obligation
ICE	Intercontinental Exchange
IO	Interest-Only Security - (Interest Tranche of Stripped Mortgage Pool). Rate shown is the annualized yield at the end of the period.
LIBOR	London Interbank Offered Rate
SOFR	Secured Overnight Financing Rate
TBA	To Be Announced. A forward mortgage-backed securities trade issued by a U.S. Government Agency, to be delivered at an agreed-upon future settlement date.
(A)	All or a portion of this security is segregated at the custodian as collateral for certain derivatives.
(B)	Security purchased or sold on a when-issued or delayed delivery basis.
(C)	These securities are exempt from registration under Rule 144A of the Securities Act of 1933. Such securities may be resold, normally to qualified institutional buyers, in transactions exempt from registration. Rule 144A securities amounted to $63,433,987 or 29.3% of the fund's net assets as of 3-31-24.
(D)	Perpetual bonds have no stated maturity date. Date shown as maturity date is next call date.
(E)	Variable rate obligation. The coupon rate shown represents the rate at period end.
(F)	Variable or floating rate security, the interest rate of which adjusts periodically based on a weighted average of interest rates and prepayments on the underlying pool of assets. The interest rate shown is the current rate as of period end.

 

DERIVATIVES

FUTURES

Open contracts	Number of contracts	Position	Expiration date	Notional basis^	Notional value^	Unrealized appreciation (depreciation)
2-Year U.S. Treasury Note Futures	10	Long	Jun 2024	$2,043,763	$2,044,844	$1,081
5-Year U.S. Treasury Note Futures	66	Long	Jun 2024	7,044,091	7,063,031	18,940
10-Year U.S. Treasury Note Futures	113	Short	Jun 2024	(12,508,417)	(12,520,047)	(11,630)
Euro-Buxl Futures	4	Short	Jun 2024	(573,880)	(586,031)	(12,151)
German Euro BUND Futures	16	Short	Jun 2024	(2,283,611)	(2,302,352)	(18,741)
U.K. Long Gilt Bond Futures	9	Short	Jun 2024	(1,132,519)	(1,135,253)	(2,734)
U.S. Treasury Long Bond Futures	17	Short	Jun 2024	(2,024,303)	(2,047,438)	(23,135)
Ultra 10-Year U.S. Treasury Note Futures	44	Short	Jun 2024	(5,016,219)	(5,042,813)	(26,594)
Ultra U.S. Treasury Bond Futures	85	Short	Jun 2024	(10,857,827)	(10,965,000)	(107,173)
						$(182,137)

^ Notional basis refers to the contractual amount agreed upon at inception of open contracts; notional value represents the current value of the open contract.

FORWARD FOREIGN CURRENCY CONTRACTS

Contract to buy		Contract to sell		Counterparty (OTC)	Contractual settlement date	Unrealized appreciation	Unrealized depreciation
EUR	223,000	USD	245,053	NWM	6/18/2024	—	$(3,731)
USD	935,460	BRL	4,715,000	GSI	6/20/2024	$2,315	—
USD	3,953,795	EUR	3,592,000	BNP	6/20/2024	66,332	—
						$68,647	$(3,731)

SWAPS

Interest rate swaps
Counterparty (OTC)/ Centrally cleared	Notional amount	Currency	Payments made	Payments received	Fixed payment frequency	Floating payment frequency	Maturity date	Unamortized upfront payment paid (received)	Unrealized appreciation (depreciation)	Value
Centrally cleared	1,187,000	USD	Fixed 1.560%	USD Compounded SOFR	Annual	Annual	Dec 2041	$(5,884)	$363,330	$357,446
Centrally cleared	1,320,000	USD	Fixed 1.560%	USD Compounded SOFR	Annual	Annual	Dec 2051	(7,631)	498,309	490,678
Centrally cleared	380,000	USD	Fixed 2.880%	USD Compounded SOFR	Annual	Annual	Mar 2053	4,323	46,979	51,302
Centrally cleared	1,105,000	USD	Fixed 2.970%	USD Compounded SOFR	Annual	Annual	Mar 2053	649	131,007	131,656

148

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Investment Quality Bond Trust (continued)

Interest rate swaps (continued)
Counterparty (OTC)/ Centrally cleared	Notional amount	Currency	Payments made	Payments received	Fixed payment frequency	Floating payment frequency	Maturity date	Unamortized upfront payment paid (received)	Unrealized appreciation (depreciation)	Value
Centrally cleared	370,000	USD	Fixed 3.250%	USD Compounded SOFR	Annual	Annual	Jun 2053	$(3,953)	$35,206	$31,253
								$(12,496)	$1,074,831	$1,062,335

Derivatives Currency Abbreviations
BRL	Brazilian Real
EUR	Euro
USD	U.S. Dollar

Derivatives Abbreviations
BNP	BNP Paribas
GSI	Goldman Sachs International
NWM	NatWest Markets PLC
OTC	Over-the-counter
SOFR	Secured Overnight Financing Rate

Lifestyle Balanced Portfolio

	Shares or Principal Amount	Value
AFFILIATED INVESTMENT COMPANIES (A) - 100.0%
Equity - 50.9%
Strategic Equity Allocation, Series NAV, JHVIT (MIM US) (B)	27,041,835	$	501,626,035
Fixed income - 49.1%
Select Bond, Series NAV, JHVIT (MIM US) (B)	41,340,529		483,684,189
TOTAL AFFILIATED INVESTMENT COMPANIES (Cost $1,024,070,924)		$	985,310,224
SHORT-TERM INVESTMENTS - 0.0%
Short-term funds - 0.0%
John Hancock Collateral Trust, 5.2975% (C)(D)	2		21
TOTAL SHORT-TERM INVESTMENTS (Cost $21)		$	21
Total Investments (Lifestyle Balanced Portfolio) (Cost $1,024,070,945) - 100.0%		$	985,310,245
Other assets and liabilities, net - (0.0%)			(22,135)
TOTAL NET ASSETS - 100.0%		$	985,288,110

Security Abbreviations and Legend
JHVIT	John Hancock Variable Insurance Trust
MIM US	Manulife Investment Management (US) LLC
(A)	The underlying portfolios' subadvisor is shown parenthetically.
(B)	The subadvisor is an affiliate of the advisor.
(C)	The rate shown is the annualized seven-day yield as of 3-31-24.
(D)	Investment is an affiliate of the fund, the advisor and/or subadvisor.

Lifestyle Conservative Portfolio

	Shares or Principal Amount	Value
AFFILIATED INVESTMENT COMPANIES (A) - 100.0%
Equity - 20.0%
Strategic Equity Allocation, Series NAV, JHVIT (MIM US) (B)	1,745,876	$	32,386,000
Fixed income - 80.0%
Select Bond, Series NAV, JHVIT (MIM US) (B)	11,072,137		129,544,000
TOTAL AFFILIATED INVESTMENT COMPANIES (Cost $180,769,738)		$	161,930,000

Lifestyle Conservative Portfolio (continued)

	Shares or Principal Amount	Value
SHORT-TERM INVESTMENTS - 0.0%
Short-term funds - 0.0%
John Hancock Collateral Trust, 5.2975% (C)(D)	217	$	2,172
TOTAL SHORT-TERM INVESTMENTS (Cost $2,173)		$	2,172
Total Investments (Lifestyle Conservative Portfolio) (Cost $180,771,911) - 100.0%		$	161,932,172
Other assets and liabilities, net - (0.0%)			(19,573)
TOTAL NET ASSETS - 100.0%		$	161,912,599

Security Abbreviations and Legend
JHVIT	John Hancock Variable Insurance Trust
MIM US	Manulife Investment Management (US) LLC
(A)	The underlying portfolios' subadvisor is shown parenthetically.
(B)	The subadvisor is an affiliate of the advisor.
(C)	The rate shown is the annualized seven-day yield as of 3-31-24.
(D)	Investment is an affiliate of the fund, the advisor and/or subadvisor.

Lifestyle Growth Portfolio

	Shares or Principal Amount	Value
AFFILIATED INVESTMENT COMPANIES (A) - 100.0%
Equity - 71.4%
Strategic Equity Allocation, Series NAV, JHVIT (MIM US) (B)	204,061,910	$	3,784,891,203
Fixed income - 28.6%
Select Bond, Series NAV, JHVIT (MIM US) (B)	129,780,689		1,518,434,059
TOTAL AFFILIATED INVESTMENT COMPANIES (Cost $5,284,204,899)		$	5,303,325,262
Total Investments (Lifestyle Growth Portfolio) (Cost $5,284,204,899) - 100.0%		$	5,303,325,262
Other assets and liabilities, net - (0.0%)			(19,476)
TOTAL NET ASSETS - 100.0%		$	5,303,305,786

Security Abbreviations and Legend
JHVIT	John Hancock Variable Insurance Trust
MIM US	Manulife Investment Management (US) LLC
(A)	The underlying portfolios' subadvisor is shown parenthetically.

 

149

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Lifestyle Growth Portfolio (continued)

(B) The subadvisor is an affiliate of the advisor.

Lifestyle Moderate Portfolio

	Shares or Principal Amount	Value
AFFILIATED INVESTMENT COMPANIES (A) - 100.0%
Equity - 40.1%
Strategic Equity Allocation, Series NAV, JHVIT (MIM US) (B)	6,221,795	$	115,414,293
Fixed income - 59.9%
Select Bond, Series NAV, JHVIT (MIM US) (B)	14,710,649		172,114,588
TOTAL AFFILIATED INVESTMENT COMPANIES (Cost $308,192,406)		$	287,528,881
SHORT-TERM INVESTMENTS - 0.0%
Short-term funds - 0.0%
John Hancock Collateral Trust, 5.2975% (C)(D)	157		1,568
TOTAL SHORT-TERM INVESTMENTS (Cost $1,568)		$	1,568
Total Investments (Lifestyle Moderate Portfolio) (Cost $308,193,974) - 100.0%		$	287,530,449
Other assets and liabilities, net - (0.0%)			(19,661)
TOTAL NET ASSETS - 100.0%		$	287,510,788

Security Abbreviations and Legend
JHVIT	John Hancock Variable Insurance Trust
MIM US	Manulife Investment Management (US) LLC
(A)	The underlying portfolios' subadvisor is shown parenthetically.
(B)	The subadvisor is an affiliate of the advisor.
(C)	The rate shown is the annualized seven-day yield as of 3-31-24.
(D)	Investment is an affiliate of the fund, the advisor and/or subadvisor.

Managed Volatility Balanced Portfolio

	Shares or Principal Amount	Value
AFFILIATED INVESTMENT COMPANIES (A) - 96.8%
Equity - 48.5%
Blue Chip Growth, Series NAV, JHVIT (T. Rowe Price) (B)	4,628,884	$	143,263,968
Emerging Markets Equity, Class NAV, JHIT (MIM US) (C)	12,202,535		112,873,446
Equity Income, Series NAV, JHVIT (T. Rowe Price)	14,140,348		205,035,041
Fundamental Large Cap Core, Class NAV, JHIT (MIM US) (C)	3,058,929		218,376,936
Mid Cap Growth, Series NAV, JHVIT (Wellington) (B)	3,958,304		39,622,624
Mid Value, Series NAV, JHVIT (T. Rowe Price)	5,226,235		56,809,169

Managed Volatility Balanced Portfolio (continued)

	Shares or Principal Amount	Value
AFFILIATED INVESTMENT COMPANIES (A) (continued)
Equity (continued)
Multifactor Developed International ETF, JHETF (DFA)	2,732,980	$	94,369,799
Multifactor Emerging Markets ETF, JHETF (DFA)	2,355,928		61,087,093
Multifactor Mid Cap ETF, JHETF (DFA)	1,249,115		71,674,219
Multifactor Small Cap ETF, JHETF (DFA)	1,458,477		56,180,534
Small Cap Dynamic Growth, Class NAV, JHF II (Axiom) (B)	1,292,203		21,088,751
Small Cap Value, Series NAV, JHVIT (Wellington)	3,511,007		49,610,523
Strategic Equity Allocation, Series NAV, JHVIT (MIM US) (C)	51,444,189		954,289,714
			2,084,281,817
Fixed income - 48.3%
Bond, Class NAV, JHSB (MIM US) (C)	39,636,632		533,112,703
Core Bond, Series NAV, JHVIT (Allspring Investments)	16,574,086		185,298,286
Select Bond, Series NAV, JHVIT (MIM US) (C)	116,313,105		1,360,863,328
			2,079,274,317
TOTAL AFFILIATED INVESTMENT COMPANIES (Cost $4,243,717,776)		$	4,163,556,134
UNAFFILIATED INVESTMENT COMPANIES - 2.0%
Equity - 2.0%
Fidelity 500 Index Fund	464,169		84,919,730
TOTAL UNAFFILIATED INVESTMENT COMPANIES (Cost $63,579,985)		$	84,919,730
SHORT-TERM INVESTMENTS - 0.8%
Short-term funds - 0.8%
John Hancock Collateral Trust, 5.2975% (D)(E)	3,194,520		31,936,898
TOTAL SHORT-TERM INVESTMENTS (Cost $31,947,559)		$	31,936,898
Total Investments (Managed Volatility Balanced Portfolio) (Cost $4,339,245,320) - 99.6%		$	4,280,412,762
Other assets and liabilities, net - 0.4%			19,226,997
TOTAL NET ASSETS - 100.0%		$	4,299,639,759

Security Abbreviations and Legend
JHETF	John Hancock Exchange-Traded Fund Trust
JHF II	John Hancock Funds II
JHIT	John Hancock Investment Trust
JHSB	John Hancock Sovereign Bond Fund
JHVIT	John Hancock Variable Insurance Trust
(A)	The underlying portfolios' subadvisor is shown parenthetically.
(B)	Non-income producing.
(C)	The subadvisor is an affiliate of the advisor.
(D)	The rate shown is the annualized seven-day yield as of 3-31-24.
(E)	Investment is an affiliate of the fund, the advisor and/or subadvisor.

 

DERIVATIVES

FUTURES

Open contracts	Number of contracts	Position	Expiration date	Notional basis^	Notional value^	Unrealized appreciation (depreciation)
Euro Currency Futures	137	Long	Jun 2024	$18,784,162	$18,531,819	$(252,343)
Euro STOXX 50 Index Futures	344	Long	Jun 2024	18,163,469	18,723,224	559,755
FTSE 100 Index Futures	58	Long	Jun 2024	5,619,137	5,847,590	228,453
Japanese Yen Currency Futures	103	Long	Jun 2024	8,697,113	8,607,581	(89,532)
MSCI Emerging Markets Index Futures	391	Long	Jun 2024	20,514,836	20,507,950	(6,886)
Nikkei 225 Index Futures	32	Long	Jun 2024	8,421,898	8,531,642	109,744

150

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Managed Volatility Balanced Portfolio (continued)
FUTURES (continued)

Open contracts	Number of contracts	Position	Expiration date	Notional basis^	Notional value^	Unrealized appreciation (depreciation)
Pound Sterling Currency Futures	70	Long	Jun 2024	$5,614,364	$5,524,312	$(90,052)
Russell 2000 E-Mini Index Futures	101	Long	Jun 2024	10,652,372	10,836,795	184,423
S&P 500 E-Mini Index Futures	443	Long	Jun 2024	115,000,509	117,585,448	2,584,939
S&P Mid 400 E-Mini Index Futures	68	Long	Jun 2024	20,307,139	20,926,320	619,181
						$3,847,682

^ Notional basis refers to the contractual amount agreed upon at inception of open contracts; notional value represents the current value of the open contract.

Managed Volatility Conservative Portfolio

	Shares or Principal Amount	Value
AFFILIATED INVESTMENT COMPANIES (A) - 97.8%
Equity - 19.1%
Blue Chip Growth, Series NAV, JHVIT (T. Rowe Price) (B)	284,853	$	8,816,202
Emerging Markets Equity, Class NAV, JHIT (MIM US) (C)	556,616		5,148,699
Equity Income, Series NAV, JHVIT (T. Rowe Price)	993,809		14,410,236
Fundamental Large Cap Core, Class NAV, JHIT (MIM US) (C)	170,139		12,146,215
Multifactor Emerging Markets ETF, JHETF (DFA)	83,876		2,174,829
Multifactor Mid Cap ETF, JHETF (DFA)	138,853		7,967,385
Multifactor Small Cap ETF, JHETF (DFA)	164,180		6,324,214
Strategic Equity Allocation, Series NAV, JHVIT (MIM US) (C)	2,770,412		51,391,138
			108,378,918
Fixed income - 78.7%
Bond, Class NAV, JHSB (MIM US) (C)	8,521,336		114,611,969
Core Bond, Series NAV, JHVIT (Allspring Investments)	3,553,992		39,733,631
Select Bond, Series NAV, JHVIT (MIM US) (C)	24,964,010		292,078,920
			446,424,520
TOTAL AFFILIATED INVESTMENT COMPANIES (Cost $607,161,063)		$	554,803,438
UNAFFILIATED INVESTMENT COMPANIES - 0.8%
Equity - 0.8%
Fidelity 500 Index Fund	25,690		4,699,935
TOTAL UNAFFILIATED INVESTMENT COMPANIES (Cost $3,546,392)		$	4,699,935

Managed Volatility Conservative Portfolio (continued)

	Shares or Principal Amount	Value
SHORT-TERM INVESTMENTS - 0.9%
Short-term funds - 0.9%
John Hancock Collateral Trust, 5.2975% (D)(E)	507,937	$	5,078,052
TOTAL SHORT-TERM INVESTMENTS (Cost $5,079,313)		$	5,078,052
Total Investments (Managed Volatility Conservative Portfolio) (Cost $615,786,768) - 99.5%		$	564,581,425
Other assets and liabilities, net - 0.5%			2,651,769
TOTAL NET ASSETS - 100.0%		$	567,233,194

Security Abbreviations and Legend
JHETF	John Hancock Exchange-Traded Fund Trust
JHIT	John Hancock Investment Trust
JHSB	John Hancock Sovereign Bond Fund
JHVIT	John Hancock Variable Insurance Trust
(A)	The underlying portfolios' subadvisor is shown parenthetically.
(B)	Non-income producing.
(C)	The subadvisor is an affiliate of the advisor.
(D)	The rate shown is the annualized seven-day yield as of 3-31-24.
(E)	Investment is an affiliate of the fund, the advisor and/or subadvisor.

 

DERIVATIVES

FUTURES

Open contracts	Number of contracts	Position	Expiration date	Notional basis^	Notional value^	Unrealized appreciation (depreciation)
Euro Currency Futures	6	Long	Jun 2024	$815,716	$811,612	$(4,104)
Euro STOXX 50 Index Futures	15	Long	Jun 2024	811,164	816,420	5,256
FTSE 100 Index Futures	2	Long	Jun 2024	200,766	201,641	875
Japanese Yen Currency Futures	4	Long	Jun 2024	334,586	334,275	(311)
MSCI Emerging Markets Index Futures	17	Long	Jun 2024	888,654	891,650	2,996
Nikkei 225 Index Futures	1	Long	Jun 2024	265,628	266,614	986
Pound Sterling Currency Futures	3	Long	Jun 2024	237,077	236,756	(321)
Russell 2000 E-Mini Index Futures	5	Long	Jun 2024	526,857	536,475	9,618
S&P 500 E-Mini Index Futures	25	Long	Jun 2024	6,606,913	6,635,625	28,712

151

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Managed Volatility Conservative Portfolio (continued)
FUTURES (continued)

Open contracts	Number of contracts	Position	Expiration date	Notional basis^	Notional value^	Unrealized appreciation (depreciation)
S&P Mid 400 E-Mini Index Futures	3	Long	Jun 2024	$909,356	$923,220	$13,864
						$57,571

^ Notional basis refers to the contractual amount agreed upon at inception of open contracts; notional value represents the current value of the open contract.

Managed Volatility Growth Portfolio

	Shares or Principal Amount	Value
AFFILIATED INVESTMENT COMPANIES (A) - 96.1%
Equity - 68.2%
Blue Chip Growth, Series NAV, JHVIT (T. Rowe Price) (B)	7,510,330	$	232,444,717
Emerging Markets Equity, Class NAV, JHIT (MIM US) (C)	25,376,330		234,731,053
Equity Income, Series NAV, JHVIT (T. Rowe Price)	22,682,418		328,895,066
Fundamental Large Cap Core, Class NAV, JHIT (MIM US) (C)	5,422,228		387,092,887
Mid Cap Growth, Series NAV, JHVIT (Wellington) (B)	9,455,369		94,648,242
Mid Value, Series NAV, JHVIT (T. Rowe Price)	11,261,445		122,411,909
Multifactor Developed International ETF, JHETF (DFA)	6,486,488		223,978,431
Multifactor Emerging Markets ETF, JHETF (DFA)	4,801,276		124,492,766
Multifactor Mid Cap ETF, JHETF (DFA)	2,288,134		131,293,129
Multifactor Small Cap ETF, JHETF (DFA)	3,204,250		123,427,710
Small Cap Dynamic Growth, Class NAV, JHF II (Axiom) (B)	2,401,395		39,190,774
Small Cap Value, Series NAV, JHVIT (Wellington)	5,624,845		79,479,057
Strategic Equity Allocation, Series NAV, JHVIT (MIM US) (C)	95,918,637		1,779,290,720
			3,901,376,461
Fixed income - 27.9%
Bond, Class NAV, JHSB (MIM US) (C)	30,298,578		407,515,880
Core Bond, Series NAV, JHVIT (Allspring Investments)	12,696,161		141,943,079
Select Bond, Series NAV, JHVIT (MIM US) (C)	89,401,536		1,045,997,974
			1,595,456,933
TOTAL AFFILIATED INVESTMENT COMPANIES (Cost $5,340,604,425)		$	5,496,833,394

Managed Volatility Growth Portfolio (continued)

	Shares or Principal Amount	Value
UNAFFILIATED INVESTMENT COMPANIES - 2.6%
Equity - 2.6%
Fidelity 500 Index Fund	577,448	$	105,644,028
Fidelity International Index Fund	792,005		39,671,511
TOTAL UNAFFILIATED INVESTMENT COMPANIES (Cost $111,297,971)		$	145,315,539
SHORT-TERM INVESTMENTS - 0.8%
Short-term funds - 0.8%
John Hancock Collateral Trust, 5.2975% (D)(E)	4,720,080		47,188,524
TOTAL SHORT-TERM INVESTMENTS (Cost $47,202,939)		$	47,188,524
Total Investments (Managed Volatility Growth Portfolio) (Cost $5,499,105,335) - 99.5%		$	5,689,337,457
Other assets and liabilities, net - 0.5%			30,167,399
TOTAL NET ASSETS - 100.0%		$	5,719,504,856

Security Abbreviations and Legend
JHETF	John Hancock Exchange-Traded Fund Trust
JHF II	John Hancock Funds II
JHIT	John Hancock Investment Trust
JHSB	John Hancock Sovereign Bond Fund
JHVIT	John Hancock Variable Insurance Trust
(A)	The underlying portfolios' subadvisor is shown parenthetically.
(B)	Non-income producing.
(C)	The subadvisor is an affiliate of the advisor.
(D)	The rate shown is the annualized seven-day yield as of 3-31-24.
(E)	Investment is an affiliate of the fund, the advisor and/or subadvisor.

 

DERIVATIVES

FUTURES

Open contracts	Number of contracts	Position	Expiration date	Notional basis^	Notional value^	Unrealized appreciation (depreciation)
Euro Currency Futures	266	Long	Jun 2024	$36,471,439	$35,981,488	$(489,951)
Euro STOXX 50 Index Futures	682	Long	Jun 2024	36,010,133	37,119,881	1,109,748
FTSE 100 Index Futures	113	Long	Jun 2024	10,947,629	11,392,719	445,090
Japanese Yen Currency Futures	212	Long	Jun 2024	17,898,896	17,716,575	(182,321)
MSCI Emerging Markets Index Futures	795	Long	Jun 2024	41,711,750	41,697,750	(14,000)
Nikkei 225 Index Futures	66	Long	Jun 2024	17,370,166	17,596,512	226,346
Pound Sterling Currency Futures	143	Long	Jun 2024	11,459,965	11,285,381	(174,584)
Russell 2000 E-Mini Index Futures	198	Long	Jun 2024	20,882,867	21,244,410	361,543
S&P 500 E-Mini Index Futures	802	Long	Jun 2024	208,195,053	212,870,850	4,675,797

152

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Managed Volatility Growth Portfolio (continued)
FUTURES (continued)

Open contracts	Number of contracts	Position	Expiration date	Notional basis^	Notional value^	Unrealized appreciation (depreciation)
S&P Mid 400 E-Mini Index Futures	125	Long	Jun 2024	$37,329,299	$38,467,500	$1,138,201
						$7,095,869

^ Notional basis refers to the contractual amount agreed upon at inception of open contracts; notional value represents the current value of the open contract.

Managed Volatility Moderate Portfolio

	Shares or Principal Amount	Value
AFFILIATED INVESTMENT COMPANIES (A) - 97.0%
Equity - 38.1%
Blue Chip Growth, Series NAV, JHVIT (T. Rowe Price) (B)	1,057,772	$	32,738,056
Emerging Markets Equity, Class NAV, JHIT (MIM US) (C)	2,511,060		23,227,306
Equity Income, Series NAV, JHVIT (T. Rowe Price)	3,399,610		49,294,345
Fundamental Large Cap Core, Class NAV, JHIT (MIM US) (C)	680,834		48,604,722
Mid Cap Growth, Series NAV, JHVIT (Wellington) (B)	1,035,332		10,363,677
Mid Value, Series NAV, JHVIT (T. Rowe Price)	1,245,916		13,543,108
Multifactor Developed International ETF, JHETF (DFA)	301,460		10,409,414
Multifactor Emerging Markets ETF, JHETF (DFA)	388,914		10,084,190
Multifactor Mid Cap ETF, JHETF (DFA)	150,671		8,645,502
Multifactor Small Cap ETF, JHETF (DFA)	186,164		7,171,037
Small Cap Dynamic Growth, Class NAV, JHF II (Axiom) (B)	288,649		4,710,746
Small Cap Value, Series NAV, JHVIT (Wellington)	715,117		10,104,607
Strategic Equity Allocation, Series NAV, JHVIT (MIM US) (C)	11,130,927		206,478,700
			435,375,410
Fixed income - 58.9%
Bond, Class NAV, JHSB (MIM US) (C)	12,793,693		172,075,173
Core Bond, Series NAV, JHVIT (Allspring Investments)	5,358,254		59,905,282
Select Bond, Series NAV, JHVIT (MIM US) (C)	37,585,151		439,746,272
			671,726,727
TOTAL AFFILIATED INVESTMENT COMPANIES (Cost $1,159,778,219)		$	1,107,102,137

Managed Volatility Moderate Portfolio (continued)

	Shares or Principal Amount	Value
UNAFFILIATED INVESTMENT COMPANIES - 1.9%
Equity - 1.9%
Fidelity 500 Index Fund	119,014	$	21,773,562
TOTAL UNAFFILIATED INVESTMENT COMPANIES (Cost $16,305,778)		$	21,773,562
SHORT-TERM INVESTMENTS - 0.8%
Short-term funds - 0.8%
John Hancock Collateral Trust, 5.2975% (D)(E)	898,759		8,985,253
TOTAL SHORT-TERM INVESTMENTS (Cost $8,988,278)		$	8,985,253
Total Investments (Managed Volatility Moderate Portfolio) (Cost $1,185,072,275) - 99.7%		$	1,137,860,952
Other assets and liabilities, net - 0.3%			3,896,048
TOTAL NET ASSETS - 100.0%		$	1,141,757,000

Security Abbreviations and Legend
JHETF	John Hancock Exchange-Traded Fund Trust
JHF II	John Hancock Funds II
JHIT	John Hancock Investment Trust
JHSB	John Hancock Sovereign Bond Fund
JHVIT	John Hancock Variable Insurance Trust
(A)	The underlying portfolios' subadvisor is shown parenthetically.
(B)	Non-income producing.
(C)	The subadvisor is an affiliate of the advisor.
(D)	The rate shown is the annualized seven-day yield as of 3-31-24.
(E)	Investment is an affiliate of the fund, the advisor and/or subadvisor.

 

DERIVATIVES

FUTURES

Open contracts	Number of contracts	Position	Expiration date	Notional basis^	Notional value^	Unrealized appreciation (depreciation)
Euro Currency Futures	28	Long	Jun 2024	$3,839,099	$3,787,525	$(51,574)
Euro STOXX 50 Index Futures	71	Long	Jun 2024	3,748,855	3,864,386	115,531
FTSE 100 Index Futures	12	Long	Jun 2024	1,162,580	1,209,846	47,266
Japanese Yen Currency Futures	19	Long	Jun 2024	1,606,784	1,587,806	(18,978)
MSCI Emerging Markets Index Futures	82	Long	Jun 2024	4,302,344	4,300,900	(1,444)
Nikkei 225 Index Futures	6	Long	Jun 2024	1,580,757	1,599,683	18,926
Pound Sterling Currency Futures	14	Long	Jun 2024	1,122,873	1,104,863	(18,010)
Russell 2000 E-Mini Index Futures	21	Long	Jun 2024	2,214,850	2,253,195	38,345
S&P 500 E-Mini Index Futures	108	Long	Jun 2024	28,036,242	28,665,900	629,658

153

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Managed Volatility Moderate Portfolio (continued)
FUTURES (continued)

Open contracts	Number of contracts	Position	Expiration date	Notional basis^	Notional value^	Unrealized appreciation (depreciation)
S&P Mid 400 E-Mini Index Futures	14	Long	Jun 2024	$4,180,882	$4,308,360	$127,478
						$887,198

^ Notional basis refers to the contractual amount agreed upon at inception of open contracts; notional value represents the current value of the open contract.

Mid Cap Growth Trust

	Shares or Principal Amount	Value
COMMON STOCKS – 98.1%
Communication services – 10.1%
Entertainment – 7.0%
Liberty Media Corp.-Liberty Formula One, Series C (A)	181,426	$	11,901,546
Live Nation Entertainment, Inc. (A)	121,992		12,903,094
Spotify Technology SA (A)	76,161		20,098,888
			44,903,528
Interactive media and services – 3.1%
Pinterest, Inc., Class A (A)	570,946		19,794,698
			64,698,226
Consumer discretionary – 15.2%
Automobile components – 1.0%
Mobileye Global, Inc., Class A (A)(B)	199,943		6,428,167
Hotels, restaurants and leisure – 4.6%
DoorDash, Inc., Class A (A)	46,237		6,367,760
DraftKings, Inc., Class A (A)	369,232		16,766,825
Las Vegas Sands Corp.	118,186		6,110,216
			29,244,801
Household durables – 1.0%
Lennar Corp., Class A	38,555		6,630,689
Specialty retail – 4.6%
Abercrombie & Fitch Company, Class A (A)	53,481		6,702,774
Burlington Stores, Inc. (A)	41,720		9,686,967
Five Below, Inc. (A)	30,285		5,493,093
O'Reilly Automotive, Inc. (A)	6,380		7,202,254
			29,085,088
Textiles, apparel and luxury goods – 4.0%
Deckers Outdoor Corp. (A)	10,180		9,582,027
Lululemon Athletica, Inc. (A)	13,429		5,246,039
On Holding AG, Class A (A)(B)	302,363		10,697,603
			25,525,669
			96,914,414
Consumer staples – 5.3%
Beverages – 1.8%
Celsius Holdings, Inc. (A)	137,220		11,378,282
Personal care products – 3.5%
BellRing Brands, Inc. (A)	77,672		4,584,978
e.l.f. Beauty, Inc. (A)	92,335		18,100,430
			22,685,408
			34,063,690
Energy – 3.5%
Oil, gas and consumable fuels – 3.5%
Cheniere Energy, Inc.	44,750		7,217,280
Diamondback Energy, Inc.	26,466		5,244,767
Targa Resources Corp.	88,732		9,937,097
			22,399,144

Mid Cap Growth Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Financials – 8.6%
Capital markets – 5.7%
Ares Management Corp., Class A	108,868	$	14,477,267
Evercore, Inc., Class A	25,043		4,823,031
Tradeweb Markets, Inc., Class A	163,238		17,004,502
			36,304,800
Financial services – 2.9%
Block, Inc. (A)	222,331		18,804,756
			55,109,556
Health care – 17.6%
Biotechnology – 4.0%
Exact Sciences Corp. (A)	219,729		15,174,485
Neurocrine Biosciences, Inc. (A)	40,246		5,550,728
United Therapeutics Corp. (A)	20,177		4,635,060
			25,360,273
Health care equipment and supplies – 8.9%
Align Technology, Inc. (A)	14,236		4,668,269
DexCom, Inc. (A)	167,754		23,267,481
Inspire Medical Systems, Inc. (A)	52,116		11,193,996
Shockwave Medical, Inc. (A)	53,729		17,495,774
			56,625,520
Life sciences tools and services – 4.7%
Agilent Technologies, Inc.	88,106		12,820,304
Avantor, Inc. (A)	244,841		6,260,584
Medpace Holdings, Inc. (A)	27,716		11,201,421
			30,282,309
			112,268,102
Industrials – 11.5%
Aerospace and defense – 3.0%
Axon Enterprise, Inc. (A)	61,518		19,247,752
Building products – 1.5%
Builders FirstSource, Inc. (A)	46,190		9,632,925
Commercial services and supplies – 2.5%
Copart, Inc. (A)	270,977		15,694,988
Construction and engineering – 1.9%
Fluor Corp. (A)	292,014		12,346,352
Machinery – 1.2%
The Toro Company	82,586		7,567,355
Professional services – 1.4%
EXL Service Holdings, Inc. (A)	278,879		8,868,352
			73,357,724
Information technology – 22.1%
Electronic equipment, instruments and components – 3.2%
Fabrinet (A)	21,198		4,006,846
Flex, Ltd. (A)	581,017		16,622,896
			20,629,742
IT services – 7.1%
Cloudflare, Inc., Class A (A)	51,185		4,956,244
Gartner, Inc. (A)	34,145		16,275,897

 

154

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Mid Cap Growth Trust (continued)

		Shares or Principal Amount	Value
COMMON STOCKS (continued)
IT services (continued)
Globant SA (A)		25,940	$	5,237,286
MongoDB, Inc. (A)		33,898		12,157,179
Snowflake, Inc., Class A (A)		39,335		6,356,536
				44,983,142
Semiconductors and semiconductor equipment – 2.2%
MKS Instruments, Inc.		59,018		7,849,394
Universal Display Corp.		37,205		6,267,182
				14,116,576
Software – 9.6%
Crowdstrike Holdings, Inc., Class A (A)		49,921		16,004,173
Datadog, Inc., Class A (A)		96,644		11,945,198
Gitlab, Inc., Class A (A)		95,297		5,557,721
HubSpot, Inc. (A)		17,747		11,119,560
Informatica, Inc., Class A (A)		205,845		7,204,575
Workday, Inc., Class A (A)		34,196		9,326,959
				61,158,186
				140,887,646
Materials – 1.4%
Construction materials – 1.4%
Vulcan Materials Company		32,118		8,765,645
Real estate – 1.9%
Real estate management and development – 1.9%
CoStar Group, Inc. (A)		125,380		12,111,708
Utilities – 0.9%
Gas utilities – 0.5%
Atmos Energy Corp.		24,398		2,900,190
Multi-utilities – 0.4%
CenterPoint Energy, Inc.		98,881		2,817,120
				5,717,310
TOTAL COMMON STOCKS (Cost $520,470,696)			$	626,293,165
PREFERRED SECURITIES – 0.6%
Information technology – 0.6%
Software – 0.6%
Essence Group Holdings Corp. (A)(C)(D)		1,663,188		2,112,249
Lookout, Inc., Series F (A)(C)(D)		211,003		1,939,118
				4,051,367
TOTAL PREFERRED SECURITIES (Cost $5,070,285)			$	4,051,367
SHORT-TERM INVESTMENTS – 2.0%
Short-term funds – 1.2%
John Hancock Collateral Trust, 5.2975% (E)(F)		803,131		8,029,225
Repurchase agreement – 0.8%
Deutsche Bank Tri-Party Repurchase Agreement dated 3-28-24 at 5.320% to be repurchased at $4,902,896 on 4-1-24, collateralized by $5,021,100 U.S. Treasury Bills, 0.000% due 4-16-24 to 6-13-24 (valued at $4,998,027)	$	4,900,000		4,900,000
TOTAL SHORT-TERM INVESTMENTS (Cost $12,931,552)			$	12,929,225
Total Investments (Mid Cap Growth Trust) (Cost $538,472,533) – 100.7%			$	643,273,757
Other assets and liabilities, net – (0.7%)				(4,651,906)
TOTAL NET ASSETS – 100.0%			$	638,621,851

Security Abbreviations and Legend
(A)	Non-income producing security.
(B)	All or a portion of this security is on loan as of 3-31-24. The value of securities on loan amounted to $7,833,146.

Mid Cap Growth Trust (continued)

(C)	Restricted security as to resale. For more information on this security refer to the Notes to Portfolio of Investments.
(D)	Security is valued using significant unobservable inputs and is classified as Level 3 in the fair value hierarchy.
(E)	The rate shown is the annualized seven-day yield as of 3-31-24.
(F)	Investment is an affiliate of the fund, the advisor and/or subadvisor. This security represents the investment of cash collateral received for securities lending.

Mid Cap Index Trust

	Shares or Principal Amount	Value
COMMON STOCKS – 96.2%
Communication services – 1.4%
Diversified telecommunication services – 0.3%
Frontier Communications Parent, Inc. (A)	100,945	$	2,473,153
Iridium Communications, Inc.	56,518		1,478,511
			3,951,664
Entertainment – 0.2%
TKO Group Holdings, Inc.	27,337		2,362,190
Interactive media and services – 0.3%
Ziff Davis, Inc. (A)	20,984		1,322,831
ZoomInfo Technologies, Inc. (A)	135,183		2,166,983
			3,489,814
Media – 0.6%
Cable One, Inc.	2,076		878,418
Nexstar Media Group, Inc.	14,710		2,534,386
TEGNA, Inc.	89,884		1,342,867
The New York Times Company, Class A	74,669		3,227,194
			7,982,865
			17,786,533
Consumer discretionary – 15.0%
Automobile components – 1.3%
Adient PLC (A)	41,640		1,370,789
Autoliv, Inc.	33,564		4,042,113
Fox Factory Holding Corp. (A)	19,340		1,007,034
Gentex Corp.	106,440		3,844,613
Lear Corp.	26,027		3,770,792
The Goodyear Tire & Rubber Company (A)	129,394		1,776,580
Visteon Corp. (A)	12,692		1,492,706
			17,304,627
Automobiles – 0.4%
Harley-Davidson, Inc.	57,834		2,529,659
Thor Industries, Inc.	24,333		2,855,234
			5,384,893
Broadline retail – 0.4%
Macy's, Inc.	125,068		2,500,109
Nordstrom, Inc.	44,447		900,941
Ollie's Bargain Outlet Holdings, Inc. (A)	28,106		2,236,394
			5,637,444
Diversified consumer services – 0.9%
Graham Holdings Company, Class B	1,634		1,254,389
Grand Canyon Education, Inc. (A)	13,488		1,837,200
H&R Block, Inc.	63,669		3,126,785
Service Corp. International	67,421		5,003,312
			11,221,686
Hotels, restaurants and leisure – 3.5%
Aramark	119,768		3,894,855
Boyd Gaming Corp.	31,708		2,134,583
Choice Hotels International, Inc. (B)	11,279		1,425,102
Churchill Downs, Inc.	30,977		3,833,404
Hilton Grand Vacations, Inc. (A)	32,523		1,535,411
Hyatt Hotels Corp., Class A	20,180		3,221,132

 

155

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Mid Cap Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Hotels, restaurants and leisure (continued)
Light & Wonder, Inc. (A)	41,092	$	4,195,082
Marriott Vacations Worldwide Corp.	15,073		1,623,814
Penn Entertainment, Inc. (A)	67,991		1,238,116
Planet Fitness, Inc., Class A (A)	38,989		2,441,881
Texas Roadhouse, Inc.	30,476		4,707,628
The Wendy's Company	76,241		1,436,380
Travel + Leisure Company	33,048		1,618,030
Vail Resorts, Inc.	17,326		3,860,753
Wingstop, Inc.	13,423		4,918,187
Wyndham Hotels & Resorts, Inc.	37,858		2,905,602
			44,989,960
Household durables – 2.2%
Helen of Troy, Ltd. (A)	10,836		1,248,741
KB Home	33,536		2,377,032
Leggett & Platt, Inc.	60,873		1,165,718
Taylor Morrison Home Corp. (A)	49,033		3,048,382
Tempur Sealy International, Inc.	78,615		4,466,904
Toll Brothers, Inc.	47,591		6,156,848
TopBuild Corp. (A)	14,422		6,356,208
Whirlpool Corp.	25,098		3,002,474
			27,822,307
Leisure products – 0.8%
Brunswick Corp.	31,402		3,030,921
Mattel, Inc. (A)	161,194		3,193,253
Polaris, Inc.	24,225		2,425,407
YETI Holdings, Inc. (A)	39,634		1,527,891
			10,177,472
Specialty retail – 4.1%
AutoNation, Inc. (A)	11,836		1,959,805
Burlington Stores, Inc. (A)	29,178		6,774,840
Dick's Sporting Goods, Inc.	26,547		5,969,358
Five Below, Inc. (A)	25,187		4,568,418
Floor & Decor Holdings, Inc., Class A (A)	48,632		6,303,680
GameStop Corp., Class A (A)(B)	122,575		1,534,639
Lithia Motors, Inc.	12,558		3,778,200
Murphy USA, Inc.	8,653		3,627,338
Penske Automotive Group, Inc.	8,895		1,440,901
RH (A)	6,984		2,432,248
The Gap, Inc.	98,150		2,704,033
Valvoline, Inc. (A)	59,163		2,636,895
Williams-Sonoma, Inc.	29,272		9,294,738
			53,025,093
Textiles, apparel and luxury goods – 1.4%
Capri Holdings, Ltd. (A)	53,194		2,409,688
Carter's, Inc.	16,804		1,422,963
Columbia Sportswear Company	15,738		1,277,611
Crocs, Inc. (A)	27,639		3,974,488
PVH Corp.	27,215		3,826,701
Skechers USA, Inc., Class A (A)	60,965		3,734,716
Under Armour, Inc., Class A (A)	86,160		635,861
Under Armour, Inc., Class C (A)	87,078		621,737
			17,903,765
			193,467,247
Consumer staples – 4.5%
Beverages – 0.7%
Celsius Holdings, Inc. (A)	67,662		5,610,533
Coca-Cola Consolidated, Inc.	2,139		1,810,471

Mid Cap Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Beverages (continued)
The Boston Beer Company, Inc., Class A (A)	4,295	$	1,307,484
			8,728,488
Consumer staples distribution and retail – 1.9%
BJ's Wholesale Club Holdings, Inc. (A)	60,867		4,604,589
Casey's General Stores, Inc.	16,934		5,392,632
Grocery Outlet Holding Corp. (A)	45,300		1,303,734
Performance Food Group Company (A)	71,000		5,299,440
Sprouts Farmers Market, Inc. (A)	46,346		2,988,390
U.S. Foods Holding Corp. (A)	103,215		5,570,514
			25,159,299
Food products – 1.1%
Darling Ingredients, Inc. (A)	72,801		3,385,975
Flowers Foods, Inc.	87,670		2,082,163
Ingredion, Inc.	29,753		3,476,638
Lancaster Colony Corp.	9,292		1,929,298
Pilgrim's Pride Corp. (A)	18,369		630,424
Post Holdings, Inc. (A)	22,984		2,442,740
			13,947,238
Personal care products – 0.8%
BellRing Brands, Inc. (A)	59,770		3,528,223
Coty, Inc., Class A (A)	171,571		2,051,989
e.l.f. Beauty, Inc. (A)	25,330		4,965,440
			10,545,652
			58,380,677
Energy – 5.1%
Energy equipment and services – 0.9%
ChampionX Corp.	87,206		3,129,823
NOV, Inc.	179,766		3,509,032
Valaris, Ltd. (A)	28,607		2,152,963
Weatherford International PLC (A)	33,000		3,808,860
			12,600,678
Oil, gas and consumable fuels – 4.2%
Antero Midstream Corp.	155,430		2,185,346
Antero Resources Corp. (A)	128,920		3,738,680
Chesapeake Energy Corp. (B)	50,733		4,506,612
Chord Energy Corp.	18,837		3,357,507
Civitas Resources, Inc.	39,160		2,972,636
CNX Resources Corp. (A)	69,271		1,643,108
DT Midstream, Inc.	44,250		2,703,675
Equitrans Midstream Corp.	197,713		2,469,435
HF Sinclair Corp.	71,187		4,297,559
Matador Resources Company	50,561		3,375,958
Murphy Oil Corp.	66,196		3,025,157
Ovintiv, Inc.	115,307		5,984,433
PBF Energy, Inc., Class A	49,630		2,857,199
Permian Resources Corp.	188,482		3,328,592
Range Resources Corp.	110,116		3,791,294
Southwestern Energy Company (A)	502,563		3,809,428
			54,046,619
			66,647,297
Financials – 15.6%
Banks – 5.1%
Associated Banc-Corp.	67,878		1,460,056
Bank OZK	48,016		2,182,807
Cadence Bank	83,355		2,417,295
Columbia Banking System, Inc.	95,184		1,841,810
Commerce Bancshares, Inc.	54,057		2,875,832
Cullen/Frost Bankers, Inc.	29,298		3,298,076
East West Bancorp, Inc.	64,312		5,087,722
First Financial Bankshares, Inc.	58,611		1,923,027
First Horizon Corp.	254,985		3,926,769

 

156

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Mid Cap Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Banks (continued)
FNB Corp.	163,747	$	2,308,833
Glacier Bancorp, Inc.	50,599		2,038,128
Hancock Whitney Corp.	39,313		1,809,971
Home BancShares, Inc.	85,527		2,101,398
International Bancshares Corp.	24,354		1,367,234
New York Community Bancorp, Inc. (B)	329,506		1,061,009
Old National Bancorp	133,553		2,325,158
Pinnacle Financial Partners, Inc.	34,708		2,980,723
Prosperity Bancshares, Inc.	42,769		2,813,345
SouthState Corp.	34,684		2,949,181
Synovus Financial Corp.	66,735		2,673,404
Texas Capital Bancshares, Inc. (A)	21,556		1,326,772
UMB Financial Corp.	19,931		1,733,798
United Bankshares, Inc.	61,430		2,198,580
Valley National Bancorp	194,615		1,549,135
Webster Financial Corp.	78,499		3,985,394
Wintrust Financial Corp.	27,945		2,917,179
Zions Bancorp NA	67,605		2,934,057
			66,086,693
Capital markets – 2.8%
Affiliated Managers Group, Inc.	15,429		2,583,895
Evercore, Inc., Class A	15,816		3,046,003
Federated Hermes, Inc.	37,287		1,346,806
Houlihan Lokey, Inc.	23,784		3,048,871
Interactive Brokers Group, Inc., Class A	48,835		5,455,358
Janus Henderson Group PLC	60,476		1,989,056
Jefferies Financial Group, Inc.	77,372		3,412,105
Morningstar, Inc.	11,886		3,665,286
SEI Investments Company	45,494		3,271,019
Stifel Financial Corp.	46,545		3,638,423
The Carlyle Group, Inc.	98,785		4,634,004
			36,090,826
Consumer finance – 0.7%
Ally Financial, Inc.	123,880		5,028,289
FirstCash Holdings, Inc.	16,879		2,152,748
SLM Corp.	100,532		2,190,592
			9,371,629
Financial services – 1.8%
Equitable Holdings, Inc.	143,187		5,442,538
Essent Group, Ltd.	48,643		2,894,745
Euronet Worldwide, Inc. (A)	19,994		2,197,940
MGIC Investment Corp.	124,345		2,780,354
The Western Union Company	159,944		2,236,017
Voya Financial, Inc.	47,003		3,474,462
WEX, Inc. (A)	19,502		4,632,310
			23,658,366
Insurance – 4.6%
American Financial Group, Inc.	29,769		4,062,873
Brighthouse Financial, Inc. (A)	29,300		1,510,122
CNO Financial Group, Inc.	49,926		1,371,966
Erie Indemnity Company, Class A	11,382		4,570,670
Fidelity National Financial, Inc.	117,984		6,264,950
First American Financial Corp.	47,084		2,874,478
Kemper Corp.	27,592		1,708,497
Kinsale Capital Group, Inc.	10,046		5,271,538
Old Republic International Corp.	118,988		3,655,311
Primerica, Inc.	15,987		4,044,072
Reinsurance Group of America, Inc.	30,075		5,800,866
RenaissanceRe Holdings, Ltd.	24,046		5,651,531
RLI Corp.	18,328		2,721,158
Selective Insurance Group, Inc.	27,673		3,021,061
The Hanover Insurance Group, Inc.	16,337		2,224,609

Mid Cap Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Insurance (continued)
Unum Group	82,960	$	4,451,634
			59,205,336
Mortgage real estate investment trusts – 0.6%
Annaly Capital Management, Inc.	228,204		4,493,337
Starwood Property Trust, Inc.	135,785		2,760,509
			7,253,846
			201,666,696
Health care – 7.6%
Biotechnology – 1.8%
Arrowhead Pharmaceuticals, Inc. (A)	56,539		1,617,015
Cytokinetics, Inc. (A)	44,745		3,137,072
Exelixis, Inc. (A)	138,359		3,283,259
Halozyme Therapeutics, Inc. (A)	60,281		2,452,231
Neurocrine Biosciences, Inc. (A)	45,409		6,262,809
Roivant Sciences, Ltd. (A)	172,914		1,823,205
United Therapeutics Corp. (A)	21,445		4,926,345
			23,501,936
Health care equipment and supplies – 2.1%
Enovis Corp. (A)	22,671		1,415,804
Envista Holdings Corp. (A)	78,261		1,673,220
Globus Medical, Inc., Class A (A)	52,644		2,823,824
Haemonetics Corp. (A)	23,175		1,977,986
Integra LifeSciences Holdings Corp. (A)	31,036		1,100,226
Lantheus Holdings, Inc. (A)	31,254		1,945,249
LivaNova PLC (A)	24,583		1,375,173
Masimo Corp. (A)	20,255		2,974,447
Neogen Corp. (A)	89,913		1,418,827
Penumbra, Inc. (A)	17,613		3,930,869
QuidelOrtho Corp. (A)	22,564		1,081,718
Shockwave Medical, Inc. (A)	16,838		5,482,958
			27,200,301
Health care providers and services – 2.0%
Acadia Healthcare Company, Inc. (A)	42,081		3,333,657
Amedisys, Inc. (A)	14,891		1,372,355
Chemed Corp.	6,873		4,411,985
Encompass Health Corp.	45,744		3,777,540
HealthEquity, Inc. (A)	39,154		3,196,141
Option Care Health, Inc. (A)	80,832		2,711,105
Progyny, Inc. (A)	38,049		1,451,569
R1 RCM, Inc. (A)	89,931		1,158,311
Tenet Healthcare Corp. (A)	46,342		4,871,008
			26,283,671
Health care technology – 0.1%
Doximity, Inc., Class A (A)	55,747		1,500,152
Life sciences tools and services – 1.2%
Azenta, Inc. (A)	25,447		1,533,945
Bruker Corp.	42,318		3,975,353
Medpace Holdings, Inc. (A)	10,641		4,300,560
Repligen Corp. (A)	23,695		4,357,984
Sotera Health Company (A)	56,748		681,543
			14,849,385
Pharmaceuticals – 0.4%
Jazz Pharmaceuticals PLC (A)	28,730		3,459,667
Perrigo Company PLC	61,836		1,990,501
			5,450,168
			98,785,613
Industrials – 21.2%
Aerospace and defense – 1.2%
BWX Technologies, Inc.	41,761		4,285,514
Curtiss-Wright Corp.	17,451		4,466,409
Hexcel Corp.	38,509		2,805,381

 

157

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Mid Cap Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Aerospace and defense (continued)
Woodward, Inc.	27,516	$	4,240,766
			15,798,070
Air freight and logistics – 0.2%
GXO Logistics, Inc. (A)	54,284		2,918,308
Building products – 3.5%
Advanced Drainage Systems, Inc.	31,169		5,368,549
Carlisle Companies, Inc.	22,159		8,683,004
Fortune Brands Innovations, Inc.	57,541		4,871,996
Lennox International, Inc.	14,614		7,142,739
Owens Corning	40,557		6,764,908
Simpson Manufacturing Company, Inc.	19,473		3,995,470
Trex Company, Inc. (A)	49,556		4,943,211
UFP Industries, Inc.	28,208		3,469,866
			45,239,743
Commercial services and supplies – 1.3%
Clean Harbors, Inc. (A)	22,954		4,620,870
MSA Safety, Inc.	16,863		3,264,508
Stericycle, Inc. (A)	42,221		2,227,158
Tetra Tech, Inc.	24,398		4,506,555
The Brink's Company	20,558		1,899,148
			16,518,239
Construction and engineering – 2.3%
AECOM	62,072		6,088,022
Comfort Systems USA, Inc.	16,251		5,163,105
EMCOR Group, Inc.	21,468		7,518,094
Fluor Corp. (A)	77,748		3,287,185
MasTec, Inc. (A)	27,583		2,572,115
MDU Resources Group, Inc.	92,926		2,341,735
Valmont Industries, Inc.	9,533		2,176,193
			29,146,449
Electrical equipment – 1.5%
Acuity Brands, Inc.	13,926		3,742,334
EnerSys	18,443		1,742,126
nVent Electric PLC	75,711		5,708,609
Regal Rexnord Corp.	30,255		5,448,926
Sensata Technologies Holding PLC	69,069		2,537,595
			19,179,590
Ground transportation – 2.0%
Avis Budget Group, Inc.	8,430		1,032,338
Hertz Global Holdings, Inc. (A)	59,881		468,868
Knight-Swift Transportation Holdings, Inc.	73,639		4,051,618
Landstar System, Inc.	16,404		3,162,035
Ryder System, Inc.	20,226		2,430,963
Saia, Inc. (A)	12,115		7,087,275
Werner Enterprises, Inc.	28,954		1,132,680
XPO, Inc. (A)	52,986		6,465,882
			25,831,659
Machinery – 4.7%
AGCO Corp.	28,361		3,488,970
Chart Industries, Inc. (A)	19,161		3,156,200
Crane Company	22,297		3,012,994
Donaldson Company, Inc.	54,823		4,094,182
Esab Corp.	25,854		2,858,677
Flowserve Corp.	59,875		2,735,090
Graco, Inc.	77,024		7,198,663
ITT, Inc.	37,465		5,096,364
Lincoln Electric Holdings, Inc.	26,103		6,667,750
Oshkosh Corp.	29,851		3,722,718
RBC Bearings, Inc. (A)	13,229		3,576,460
Terex Corp.	30,575		1,969,030
The Middleby Corp. (A)	24,460		3,932,923
The Timken Company	29,619		2,589,589

Mid Cap Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Machinery (continued)
The Toro Company	47,640	$	4,365,253
Watts Water Technologies, Inc., Class A	12,489		2,654,537
			61,119,400
Marine transportation – 0.2%
Kirby Corp. (A)	26,969		2,570,685
Professional services – 2.6%
ASGN, Inc. (A)	21,539		2,256,426
CACI International, Inc., Class A (A)	10,169		3,852,322
Concentrix Corp.	21,457		1,420,883
EXL Service Holdings, Inc. (A)	75,260		2,393,268
Exponent, Inc.	23,101		1,910,222
FTI Consulting, Inc. (A)	15,892		3,341,929
Genpact, Ltd.	75,356		2,482,980
Insperity, Inc.	16,165		1,771,846
KBR, Inc.	61,606		3,921,838
ManpowerGroup, Inc.	22,273		1,729,276
Maximus, Inc.	27,851		2,336,699
Paylocity Holding Corp. (A)	19,793		3,401,625
Science Applications International Corp.	23,758		3,097,806
			33,917,120
Trading companies and distributors – 1.7%
Applied Industrial Technologies, Inc.	17,646		3,485,967
Core & Main, Inc., Class A (A)	77,843		4,456,512
GATX Corp.	16,200		2,171,286
MSC Industrial Direct Company, Inc., Class A	20,847		2,022,993
Watsco, Inc. (B)	14,273		6,165,508
WESCO International, Inc.	20,045		3,433,308
			21,735,574
			273,974,837
Information technology – 8.9%
Communications equipment – 0.4%
Ciena Corp. (A)	66,173		3,272,255
Lumentum Holdings, Inc. (A)	30,757		1,456,344
			4,728,599
Electronic equipment, instruments and components – 2.3%
Arrow Electronics, Inc. (A)	24,556		3,179,020
Avnet, Inc.	41,237		2,044,530
Belden, Inc.	19,021		1,761,535
Cognex Corp.	78,554		3,332,261
Coherent Corp. (A)	60,271		3,653,628
Crane NXT Company	22,031		1,363,719
IPG Photonics Corp. (A)	13,490		1,223,408
Littelfuse, Inc.	11,364		2,754,065
Novanta, Inc. (A)	16,341		2,855,917
TD SYNNEX Corp.	26,031		2,944,106
Vishay Intertechnology, Inc.	57,608		1,306,549
Vontier Corp.	70,425		3,194,478
			29,613,216
IT services – 0.8%
GoDaddy, Inc., Class A (A)	64,264		7,626,852
Kyndryl Holdings, Inc. (A)	105,003		2,284,865
			9,911,717
Semiconductors and semiconductor equipment – 2.6%
Allegro MicroSystems, Inc. (A)	32,608		879,112
Amkor Technology, Inc.	47,105		1,518,665
Cirrus Logic, Inc. (A)	24,612		2,278,087
Lattice Semiconductor Corp. (A)	62,987		4,927,473
MACOM Technology Solutions Holdings, Inc. (A)	24,994		2,390,426
MKS Instruments, Inc.	28,687		3,815,371
Onto Innovation, Inc. (A)	22,397		4,055,649

 

158

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Mid Cap Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Semiconductors and semiconductor equipment (continued)
Power Integrations, Inc.	25,946	$	1,856,436
Rambus, Inc. (A)	49,060		3,032,399
Silicon Laboratories, Inc. (A)	14,556		2,091,988
Synaptics, Inc. (A)	17,936		1,749,836
Universal Display Corp.	19,882		3,349,123
Wolfspeed, Inc. (A)	57,407		1,693,507
			33,638,072
Software – 2.3%
Appfolio, Inc., Class A (A)	10,095		2,490,840
Aspen Technology, Inc. (A)	12,760		2,721,453
Blackbaud, Inc. (A)	19,168		1,421,116
CommVault Systems, Inc. (A)	19,924		2,020,891
Dolby Laboratories, Inc., Class A	27,149		2,274,272
Dropbox, Inc., Class A (A)	116,905		2,840,792
Dynatrace, Inc. (A)	109,411		5,081,047
Manhattan Associates, Inc. (A)	28,095		7,030,212
Qualys, Inc. (A)	16,786		2,801,080
Teradata Corp. (A)	44,630		1,725,842
			30,407,545
Technology hardware, storage and peripherals – 0.5%
Pure Storage, Inc., Class A (A)	135,539		7,046,673
			115,345,822
Materials – 6.8%
Chemicals – 2.3%
Arcadium Lithium PLC (A)	470,503		2,027,868
Ashland, Inc.	22,860		2,225,878
Avient Corp.	41,599		1,805,397
Axalta Coating Systems, Ltd. (A)	100,432		3,453,856
Cabot Corp.	25,296		2,332,291
NewMarket Corp.	3,151		1,999,688
Olin Corp.	54,852		3,225,298
RPM International, Inc.	58,809		6,995,331
The Chemours Company	67,737		1,778,774
The Scotts Miracle-Gro Company	19,144		1,427,951
Westlake Corp.	14,619		2,233,783
			29,506,115
Construction materials – 0.5%
Eagle Materials, Inc.	15,721		4,272,182
Knife River Corp. (A)	25,813		2,092,918
			6,365,100
Containers and packaging – 1.6%
AptarGroup, Inc.	30,125		4,334,686
Berry Global Group, Inc.	52,890		3,198,787
Crown Holdings, Inc.	54,624		4,329,498
Graphic Packaging Holding Company	139,664		4,075,396
Greif, Inc., Class A	11,625		802,706
Silgan Holdings, Inc.	36,935		1,793,564
Sonoco Products Company	44,701		2,585,506
			21,120,143
Metals and mining – 2.2%
Alcoa Corp.	81,444		2,751,993
Cleveland-Cliffs, Inc. (A)	227,388		5,170,803
Commercial Metals Company	53,112		3,121,392
MP Materials Corp. (A)(B)	65,728		939,910
Reliance, Inc.	26,226		8,764,205
Royal Gold, Inc.	29,977		3,651,498
U.S. Steel Corp.	102,096		4,163,475
			28,563,276
Paper and forest products – 0.2%
Louisiana-Pacific Corp.	29,288		2,457,556
			88,012,190

Mid Cap Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Real estate – 6.9%
Diversified REITs – 0.5%
WP Carey, Inc.	99,788	$	5,632,035
Health care REITs – 0.6%
Healthcare Realty Trust, Inc.	173,803		2,459,312
Omega Healthcare Investors, Inc.	111,931		3,544,855
Sabra Health Care REIT, Inc.	105,512		1,558,412
			7,562,579
Hotel and resort REITs – 0.1%
Park Hotels & Resorts, Inc.	95,823		1,675,944
Industrial REITs – 1.2%
EastGroup Properties, Inc.	21,767		3,913,054
First Industrial Realty Trust, Inc.	60,363		3,171,472
Rexford Industrial Realty, Inc.	96,172		4,837,452
STAG Industrial, Inc.	82,857		3,185,023
			15,107,001
Office REITs – 0.5%
COPT Defense Properties	51,204		1,237,601
Cousins Properties, Inc.	69,259		1,664,986
Kilroy Realty Corp.	48,723		1,774,979
Vornado Realty Trust	72,954		2,098,887
			6,776,453
Real estate management and development – 0.3%
Jones Lang LaSalle, Inc. (A)	21,710		4,235,404
Residential REITs – 1.1%
American Homes 4 Rent, Class A	145,140		5,338,249
Apartment Income REIT Corp.	65,935		2,140,909
Equity LifeStyle Properties, Inc.	85,073		5,478,701
Independence Realty Trust, Inc.	102,412		1,651,906
			14,609,765
Retail REITs – 0.9%
Agree Realty Corp.	45,781		2,615,011
Brixmor Property Group, Inc.	137,166		3,216,543
Kite Realty Group Trust	100,116		2,170,515
NNN REIT, Inc.	83,267		3,558,832
			11,560,901
Specialized REITs – 1.7%
CubeSmart	102,612		4,640,115
EPR Properties	34,374		1,459,176
Gaming and Leisure Properties, Inc.	121,851		5,613,676
Lamar Advertising Company, Class A	39,965		4,772,221
National Storage Affiliates Trust	35,250		1,380,390
PotlatchDeltic Corp.	36,217		1,702,923
Rayonier, Inc.	62,253		2,069,290
			21,637,791
			88,797,873
Utilities – 3.2%
Electric utilities – 0.8%
ALLETE, Inc.	26,229		1,564,298
IDACORP, Inc.	23,097		2,145,480
OGE Energy Corp.	91,398		3,134,951
PNM Resources, Inc.	39,170		1,474,359
Portland General Electric Company	46,145		1,938,090
			10,257,178
Gas utilities – 0.9%
National Fuel Gas Company	42,043		2,258,550
New Jersey Resources Corp.	44,860		1,924,943
ONE Gas, Inc.	25,305		1,632,932
Southwest Gas Holdings, Inc.	27,416		2,087,180
Spire, Inc.	25,091		1,539,835

 

159

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Mid Cap Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Gas utilities (continued)
UGI Corp.	95,624	$	2,346,613
			11,790,053
Independent power and renewable electricity producers – 1.0%
Ormat Technologies, Inc.	24,512		1,622,449
Vistra Corp.	153,375		10,682,556
			12,305,005
Multi-utilities – 0.2%
Black Hills Corp.	31,027		1,694,074
Northwestern Energy Group, Inc.	27,947		1,423,341
			3,117,415
Water utilities – 0.3%
Essential Utilities, Inc.	114,739		4,251,080
			41,720,731
TOTAL COMMON STOCKS (Cost $913,020,133)		$	1,244,585,516

Mid Cap Index Trust (continued)

	Shares or Principal Amount	Value
SHORT-TERM INVESTMENTS – 4.9%
Short-term funds – 4.9%
John Hancock Collateral Trust, 5.2975% (C)(D)	6,324,172	$	63,225,275
TOTAL SHORT-TERM INVESTMENTS (Cost $63,242,554)		$	63,225,275
Total Investments (Mid Cap Index Trust) (Cost $976,262,687) – 101.1%		$	1,307,810,791
Other assets and liabilities, net – (1.1%)			(14,534,440)
TOTAL NET ASSETS – 100.0%		$	1,293,276,351

Security Abbreviations and Legend
(A)	Non-income producing security.
(B)	All or a portion of this security is on loan as of 3-31-24. The value of securities on loan amounted to $13,540,533.
(C)	The rate shown is the annualized seven-day yield as of 3-31-24.
(D)	Investment is an affiliate of the fund, the advisor and/or subadvisor. A portion of this security represents the investment of cash collateral received for securities lending. Market value of this investment amounted to $13,850,936.

 

DERIVATIVES

FUTURES

Open contracts	Number of contracts	Position	Expiration date	Notional basis^	Notional value^	Unrealized appreciation (depreciation)
S&P Mid 400 E-Mini Index Futures	173	Long	Jun 2024	$51,513,201	$53,239,020	$1,725,819
						$1,725,819

^ Notional basis refers to the contractual amount agreed upon at inception of open contracts; notional value represents the current value of the open contract.

Mid Value Trust

	Shares or Principal Amount	Value
COMMON STOCKS – 95.1%
Communication services – 2.1%
Entertainment – 0.2%
Sphere Entertainment Company (A)	33,581	$	1,648,155
Media – 1.9%
News Corp., Class A	408,541		10,695,603
News Corp., Class B	56,942		1,540,851
			12,236,454
			13,884,609
Consumer discretionary – 9.2%
Automobiles – 1.5%
General Motors Company	157,747		7,153,826
Rivian Automotive, Inc., Class A (A)(B)	256,300		2,806,485
			9,960,311
Diversified consumer services – 1.1%
Bright Horizons Family Solutions, Inc. (A)	61,513		6,973,114
Hotels, restaurants and leisure – 1.4%
Compass Group PLC	153,625		4,506,227
Norwegian Cruise Line Holdings, Ltd. (A)	238,800		4,998,084
			9,504,311
Specialty retail – 3.5%
Advance Auto Parts, Inc.	98,212		8,356,859
Bath & Body Works, Inc.	153,920		7,699,078

Mid Value Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Specialty retail (continued)
Burlington Stores, Inc. (A)	29,454	$	6,838,924
			22,894,861
Textiles, apparel and luxury goods – 1.7%
Puma SE	93,772		4,243,769
Ralph Lauren Corp.	36,207		6,798,226
			11,041,995
			60,374,592
Consumer staples – 5.6%
Beverages – 1.2%
Constellation Brands, Inc., Class A	18,564		5,044,953
Monster Beverage Corp. (A)	47,612		2,822,439
			7,867,392
Consumer staples distribution and retail – 1.5%
Dollar General Corp.	33,641		5,250,014
Sysco Corp.	53,727		4,361,558
			9,611,572
Food products – 2.1%
Flowers Foods, Inc.	267,817		6,360,654
Tyson Foods, Inc., Class A	125,748		7,385,180
			13,745,834
Personal care products – 0.8%
Kenvue, Inc.	242,500		5,204,050
			36,428,848

 

160

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Mid Value Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Energy – 7.0%
Energy equipment and services – 4.2%
Baker Hughes Company	152,300	$	5,102,050
Expro Group Holdings NV (A)	161,531		3,225,774
SEACOR Marine Holdings, Inc. (A)	32,990		459,881
TechnipFMC PLC	363,165		9,119,073
Tidewater, Inc. (A)	102,720		9,450,240
			27,357,018
Oil, gas and consumable fuels – 2.8%
Cameco Corp.	86,509		3,747,570
Chesapeake Energy Corp.	86,100		7,648,263
Kinder Morgan, Inc.	64,000		1,173,760
Suncor Energy, Inc.	157,541		5,814,838
			18,384,431
			45,741,449
Financials – 15.7%
Banks – 5.0%
Fifth Third Bancorp	301,600		11,222,536
Popular, Inc.	91,672		8,075,386
Webster Financial Corp.	136,747		6,942,645
Western Alliance Bancorp	101,445		6,511,755
			32,752,322
Capital markets – 1.6%
Main Street Capital Corp.	84,780		4,010,942
Morningstar, Inc.	15,482		4,774,184
Open Lending Corp. (A)	281,013		1,759,141
			10,544,267
Consumer finance – 0.8%
OneMain Holdings, Inc.	106,504		5,441,289
Financial services – 5.3%
Apollo Global Management, Inc.	45,421		5,107,591
Corebridge Financial, Inc. (B)	192,938		5,543,109
Corpay, Inc. (A)	29,863		9,213,930
Global Payments, Inc.	45,967		6,143,949
Jackson Financial, Inc., Class A	60,884		4,026,868
The Western Union Company	320,700		4,483,386
			34,518,833
Insurance – 3.0%
Assurant, Inc.	22,498		4,235,024
Kemper Corp.	31,452		1,947,508
RenaissanceRe Holdings, Ltd.	22,664		5,326,720
The Allstate Corp.	29,586		5,118,674
The Hanover Insurance Group, Inc.	22,866		3,113,663
			19,741,589
			102,998,300
Health care – 9.7%
Biotechnology – 0.5%
Alkermes PLC (A)	120,100		3,251,107
Health care equipment and supplies – 3.5%
Baxter International, Inc.	184,273		7,875,828
Dentsply Sirona, Inc.	143,065		4,748,327
Teleflex, Inc.	13,869		3,136,752
Zimmer Biomet Holdings, Inc.	51,859		6,844,351
			22,605,258
Health care providers and services – 2.5%
Centene Corp. (A)	49,951		3,920,154

Mid Value Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Health care providers and services (continued)
Select Medical Holdings Corp.	414,623	$	12,500,883
			16,421,037
Life sciences tools and services – 0.8%
Charles River Laboratories International, Inc. (A)	19,182		5,197,363
Pharmaceuticals – 2.4%
Catalent, Inc. (A)	115,711		6,531,886
Elanco Animal Health, Inc. (A)	294,064		4,787,362
Viatris, Inc.	383,629		4,580,530
			15,899,778
			63,374,543
Industrials – 15.7%
Aerospace and defense – 5.0%
Huntington Ingalls Industries, Inc.	19,804		5,772,272
L3Harris Technologies, Inc.	31,029		6,612,280
Rolls-Royce Holdings PLC (A)	1,105,520		5,948,099
Spirit AeroSystems Holdings, Inc., Class A (A)	188,060		6,783,324
Textron, Inc.	78,069		7,489,159
			32,605,134
Building products – 1.4%
Armstrong World Industries, Inc.	35,268		4,380,991
Carrier Global Corp.	5,700		331,341
Trane Technologies PLC	15,135		4,543,527
			9,255,859
Construction and engineering – 0.7%
API Group Corp. (A)	121,843		4,784,775
Ground transportation – 1.8%
JB Hunt Transport Services, Inc.	29,073		5,792,795
Norfolk Southern Corp.	23,560		6,004,737
			11,797,532
Machinery – 4.0%
Esab Corp.	57,430		6,350,035
Stanley Black & Decker, Inc.	148,054		14,498,928
The Middleby Corp. (A)	34,425		5,535,196
			26,384,159
Passenger airlines – 0.8%
Southwest Airlines Company	168,799		4,927,243
Professional services – 1.4%
SS&C Technologies Holdings, Inc.	85,635		5,512,325
Verra Mobility Corp. (A)	140,788		3,515,476
			9,027,801
Trading companies and distributors – 0.6%
Ashtead Group PLC	56,116		3,997,096
			102,779,599
Information technology – 11.7%
Electronic equipment, instruments and components – 3.9%
Corning, Inc.	358,137		11,804,196
TE Connectivity, Ltd.	48,938		7,107,755
Zebra Technologies Corp., Class A (A)	22,900		6,902,976
			25,814,927
IT services – 0.7%
GoDaddy, Inc., Class A (A)	36,800		4,367,424
Semiconductors and semiconductor equipment – 2.4%
MKS Instruments, Inc.	118,585		15,771,805
Software – 1.0%
DocuSign, Inc. (A)	82,200		4,895,010

 

161

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Mid Value Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Software (continued)
Fortinet, Inc. (A)	24,100	$	1,646,271
			6,541,281
Technology hardware, storage and peripherals – 3.7%
Pure Storage, Inc., Class A (A)	81,158		4,219,404
Western Digital Corp. (A)	289,500		19,755,483
			23,974,887
			76,470,324
Materials – 5.9%
Chemicals – 1.6%
FMC Corp.	87,645		5,582,987
The Scotts Miracle-Gro Company	66,614		4,968,738
			10,551,725
Construction materials – 1.8%
Summit Materials, Inc., Class A (A)	218,526		9,739,704
Vulcan Materials Company	7,058		1,926,269
			11,665,973
Containers and packaging – 1.0%
Ball Corp.	99,113		6,676,252
Metals and mining – 1.5%
Franco-Nevada Corp.	41,666		4,964,669
Freeport-McMoRan, Inc.	98,277		4,620,985
			9,585,654
			38,479,604
Real estate – 6.3%
Industrial REITs – 1.1%
Rexford Industrial Realty, Inc.	136,576		6,869,773
Office REITs – 0.7%
Douglas Emmett, Inc.	83,623		1,159,851
Vornado Realty Trust	129,333		3,720,910
			4,880,761
Residential REITs – 2.1%
Apartment Investment and Management Company, Class A (A)	446,352		3,655,623
Equity Residential	82,853		5,228,853
Sun Communities, Inc.	37,200		4,783,176
			13,667,652
Retail REITs – 1.1%
Regency Centers Corp.	82,520		4,997,411
Simon Property Group, Inc.	12,699		1,987,267
			6,984,678
Specialized REITs – 1.3%
Rayonier, Inc.	137,203		4,560,628
Weyerhaeuser Company	112,389		4,035,889
			8,596,517
			40,999,381
Utilities – 6.2%
Electric utilities – 3.8%
Constellation Energy Corp.	44,587		8,241,907
Evergy, Inc.	29,598		1,579,941
FirstEnergy Corp.	232,197		8,967,448
PG&E Corp.	345,355		5,788,150
			24,577,446
Multi-utilities – 2.4%
Ameren Corp.	95,446		7,059,186
CenterPoint Energy, Inc.	115,929		3,302,817
Dominion Energy, Inc.	114,000		5,607,660
			15,969,663
			40,547,109
TOTAL COMMON STOCKS (Cost $481,674,681)		$	622,078,358

Mid Value Trust (continued)

		Shares or Principal Amount	Value
CONVERTIBLE BONDS - 0.3%
Information technology - 0.3%
Wolfspeed, Inc.
0.250%, 02/15/2028	$	978,000	$	570,663
1.875%, 12/01/2029		2,472,000		1,379,623
				1,950,286
TOTAL CONVERTIBLE BONDS (Cost $1,888,768)			$	1,950,286
SHORT-TERM INVESTMENTS – 5.4%
Short-term funds – 5.4%
John Hancock Collateral Trust, 5.2975% (C)(D)		830,414		8,301,977
State Street Institutional U.S. Government Money Market Fund, Premier Class, 5.2417% (C)		1,643,777		1,643,777
T. Rowe Price Government Reserve Fund, 5.3578% (C)		25,737,846		25,737,846
TOTAL SHORT-TERM INVESTMENTS (Cost $35,685,814)			$	35,683,600
Total Investments (Mid Value Trust) (Cost $519,249,263) – 100.8%			$	659,712,244
Other assets and liabilities, net – (0.8%)				(5,524,581)
TOTAL NET ASSETS – 100.0%			$	654,187,663

Security Abbreviations and Legend
(A)	Non-income producing security.
(B)	All or a portion of this security is on loan as of 3-31-24. The value of securities on loan amounted to $8,125,249.
(C)	The rate shown is the annualized seven-day yield as of 3-31-24.
(D)	Investment is an affiliate of the fund, the advisor and/or subadvisor. This security represents the investment of cash collateral received for securities lending.

Opportunistic Fixed Income Trust

		Shares or Principal Amount	Value
U.S. GOVERNMENT AND AGENCY OBLIGATIONS - 37.2%
U.S. Government - 14.6%
U.S. Treasury Bonds
4.250%, 02/15/2054	$	1,071,100	$	1,053,360
4.750%, 11/15/2053		3,434,300		3,666,115
U.S. Treasury Treasury Inflation Protected Securities
0.750%, 02/15/2042		2,865,828		2,286,089
1.125%, 01/15/2033		2,650,138		2,485,330
1.375%, 07/15/2033		4,640,058		4,452,966
1.625%, 10/15/2027 (A)		6,266,579		6,206,155
2.125%, 02/15/2054		532,523		538,086
2.375%, 10/15/2028		2,547,103		2,606,111
				23,294,212
U.S. Government Agency - 22.6%
Federal Home Loan Mortgage Corp.
5.500%, 10/01/2053 to 03/01/2054		1,793,056		1,784,258
6.500%, 11/01/2053		107,111		110,221
Federal National Mortgage Association
2.000%, TBA (B)		500,000		395,573
2.500%, TBA (B)		1,325,000		1,165,205
2.500%, 04/01/2052		268,289		226,055
4.500%, TBA (B)		1,278,000		1,216,946
5.000%, TBA (B)		11,804,000		11,520,888
5.000%, 11/01/2053		149,323		145,723
5.500%, TBA (B)		10,451,000		10,400,786
5.500%, 03/01/2054		423,585		421,506

 

162

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Opportunistic Fixed Income Trust (continued)

		Shares or Principal Amount	Value
U.S. GOVERNMENT AND AGENCY OBLIGATIONS (continued)
U.S. Government Agency (continued)
Federal National Mortgage Association (continued)
6.000%, TBA (B)	$	6,331,000	$	6,390,650
6.500%, 11/01/2053		186,349		191,759
Government National Mortgage Association
2.000%, TBA (B)		1,075,000		880,769
5.000%, TBA (B)		675,000		663,498
5.500%, TBA (B)		425,000		424,750
				35,938,587
TOTAL U.S. GOVERNMENT AND AGENCY OBLIGATIONS (Cost $59,150,055)			$	59,232,799
FOREIGN GOVERNMENT OBLIGATIONS - 39.3%
Australia - 1.9%
Commonwealth of Australia
1.750%, 06/21/2051	AUD	5,645,000		2,151,007
2.750%, 05/21/2041		1,690,000		899,997
				3,051,004
Brazil - 6.6%
Federative Republic of Brazil
6.000%, 05/15/2035	BRL	1,137,000		998,748
9.856%, 01/01/2026 (C)		1,697,000		286,212
9.938%, 07/01/2026 (C)		1,559,000		250,375
10.000%, 01/01/2027 to 01/01/2035		41,606,000		8,324,431
10.208%, 07/01/2027 (C)		3,692,000		534,279
10.379%, 01/01/2028 (C)		1,146,000		156,876
				10,550,921
Bulgaria - 0.1%
Republic of Bulgaria 4.500%, 01/27/2033	EUR	75,000		85,842
Canada - 1.2%
Province of Ontario 2.000%, 12/01/2036	CAD	2,865,205		1,960,134
Chile - 0.1%
Republic of Chile
4.700%, 09/01/2030 (D)	CLP	120,000,000		116,146
5.000%, 03/01/2035		15,000,000		14,305
6.000%, 01/01/2043		15,000,000		16,276
				146,727
Colombia - 1.6%
Republic of Colombia
3.875%, 02/15/2061	$	645,000		373,023
4.125%, 02/22/2042		840,000		566,803
6.000%, 04/28/2028	COP	792,600,000		182,333
7.000%, 03/26/2031		952,100,000		212,059
7.250%, 10/18/2034		1,008,200,000		212,418
7.750%, 09/18/2030		1,202,100,000		283,639
9.250%, 05/28/2042		642,900,000		146,877
13.250%, 02/09/2033		1,949,900,000		593,409
				2,570,561
Czech Republic - 1.0%
Czech Republic
0.050%, 11/29/2029	CZK	2,580,000		89,456
0.950%, 05/15/2030		7,560,000		272,484
1.200%, 03/13/2031		6,810,000		244,275
1.500%, 04/24/2040		980,000		29,374
1.750%, 06/23/2032 to 06/23/2032		4,740,000		171,601
1.950%, 07/30/2037		460,000		15,435
2.000%, 10/13/2033		1,550,000		56,081
2.500%, 08/25/2028		3,510,000		142,207
4.500%, 11/11/2032		1,970,000		87,336

Opportunistic Fixed Income Trust (continued)

		Shares or Principal Amount	Value
FOREIGN GOVERNMENT OBLIGATIONS (continued)
Czech Republic (continued)
Czech Republic (continued)
4.900%, 04/14/2034	CZK	5,100,000	$	233,776
5.000%, 09/30/2030		4,340,000		197,403
6.000%, 02/26/2026		2,430,000		107,718
				1,647,146
Dominican Republic - 0.6%
Government of the Dominican Republic 11.250%, 09/15/2035 (D)	DOP	55,800,000		1,018,833
Ghana - 0.1%
Republic of Ghana 10.750%, 10/14/2030	$	250,000		169,300
Greece - 0.8%
Republic of Greece, GDP-Linked Note 4.404%, 10/15/2042 (E)*	EUR	409,185,000		1,302,275
Hungary - 0.7%
Republic of Hungary
1.000%, 11/26/2025	HUF	11,030,000		27,646
1.625%, 04/28/2032	EUR	520,000		458,347
2.250%, 04/20/2033 to 06/22/2034	HUF	141,480,000		271,980
3.000%, 10/27/2027		51,450,000		124,686
3.250%, 10/22/2031		30,710,000		67,363
4.500%, 03/23/2028		19,240,000		48,585
4.750%, 11/24/2032		32,100,000		76,901
6.750%, 10/22/2028		37,840,000		103,671
				1,179,179
Iceland - 2.0%
Republic of Iceland
5.000%, 11/15/2028	ISK	433,770,000		2,832,746
6.500%, 01/24/2031		46,170,000		323,122
				3,155,868
Indonesia - 0.9%
Republic of Indonesia
6.375%, 08/15/2028 to 04/15/2032	IDR	6,835,000,000		426,301
6.500%, 02/15/2031		1,940,000,000		120,823
6.625%, 05/15/2033 to 02/15/2034		1,494,000,000		93,694
6.875%, 04/15/2029		917,000,000		58,376
7.000%, 05/15/2027 to 02/15/2033		3,452,000,000		221,486
7.125%, 06/15/2042 to 06/15/2043		1,191,000,000		76,129
7.500%, 08/15/2032 to 05/15/2038		6,354,000,000		422,081
8.375%, 03/15/2034		104,000,000		7,333
				1,426,223
Israel - 0.2%
State of Israel
4.500%, 04/03/2120	$	200,000		149,000
5.750%, 03/12/2054		200,000		191,444
				340,444
Japan - 0.9%
Government of Japan 1.800%, 09/20/2053	JPY	215,200,000		1,444,187
Malaysia - 1.0%
Government of Malaysia
2.632%, 04/15/2031	MYR	1,190,000		233,655
3.502%, 05/31/2027		305,000		64,434
3.582%, 07/15/2032		1,455,000		301,621
3.757%, 05/22/2040		270,000		55,414
3.882%, 03/14/2025		605,000		128,492
3.885%, 08/15/2029		955,000		203,968
3.906%, 07/15/2026		1,245,000		265,772
4.254%, 05/31/2035		240,000		52,232
4.642%, 11/07/2033		610,000		136,797
4.696%, 10/15/2042		450,000		102,579

 

163

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Opportunistic Fixed Income Trust (continued)

		Shares or Principal Amount	Value
FOREIGN GOVERNMENT OBLIGATIONS (continued)
Malaysia (continued)
Government of Malaysia (continued)
4.893%, 06/08/2038	MYR	450,000	$	104,253
				1,649,217
Mexico - 2.8%
Government of Mexico
2.750%, 11/27/2031	MXN	22,782,455		1,173,637
5.500%, 03/04/2027		6,942,300		375,255
5.625%, 03/19/2114	GBP	100,000		97,059
7.500%, 05/26/2033	MXN	21,360,700		1,143,606
7.750%, 11/13/2042		3,077,500		157,149
8.000%, 05/24/2035 to 07/31/2053		4,228,300		221,993
8.500%, 05/31/2029 to 11/18/2038		4,263,100		245,803
10.000%, 11/20/2036		1,035,600		65,551
10.727%, 07/10/2025 (C)		8,478,400		446,975
10.749%, 10/30/2025 (C)		8,043,060		410,658
10.757%, 12/24/2025 (C)		998,140		50,168
				4,387,854
New Zealand - 4.3%
Government of New Zealand
1.500%, 05/15/2031	NZD	690,000		338,501
2.750%, 05/15/2051		2,975,000		1,210,255
Government of New Zealand, Inflation Linked Bond
3.170%, 09/20/2040		3,365,000		2,451,847
3.203%, 09/20/2035		2,315,000		1,755,026
3.904%, 09/20/2030		1,280,000		1,038,718
				6,794,347
North Macedonia - 0.4%
Republic of North Macedonia
1.625%, 03/10/2028	EUR	470,000		439,874
2.750%, 01/18/2025		150,000		158,510
				598,384
Norway - 2.6%
Kingdom of Norway
1.250%, 09/17/2031 (D)	NOK	27,765,000		2,176,521
3.625%, 04/13/2034 (D)		20,335,000		1,882,940
				4,059,461
Peru - 0.6%
Republic of Peru
5.400%, 08/12/2034	PEN	575,000		132,973
6.150%, 08/12/2032		70,000		17,670
6.900%, 08/12/2037		120,000		30,615
6.950%, 08/12/2031		1,180,000		318,639
7.300%, 08/12/2033 (D)		1,352,000		364,886
				864,783
Poland - 0.9%
Republic of Poland
1.750%, 04/25/2032	PLN	940,000		180,347
2.750%, 04/25/2028 to 10/25/2029		690,000		155,349
3.250%, 07/25/2025		660,000		161,220
3.750%, 05/25/2027		1,420,000		341,052
5.790%, (6 month WIBOR + 0.000%), 11/25/2029 (F)		420,000		102,847
7.500%, 07/25/2028		1,535,000		416,342
				1,357,157
Romania - 0.7%
Republic of Romania
3.700%, 11/25/2024	RON	90,000		19,243
4.750%, 10/11/2034		1,210,000		226,880
4.850%, 07/25/2029		335,000		67,849
5.800%, 07/26/2027		850,000		182,329
6.700%, 02/25/2032		320,000		70,094

Opportunistic Fixed Income Trust (continued)

		Shares or Principal Amount	Value
FOREIGN GOVERNMENT OBLIGATIONS (continued)
Romania (continued)
Republic of Romania (continued)
8.000%, 04/29/2030	RON	1,020,000	$	238,650
8.250%, 09/29/2032		870,000		208,689
8.750%, 10/30/2028		595,000		141,611
				1,155,345
Serbia - 0.1%
Republic of Serbia 1.650%, 03/03/2033	EUR	100,000		80,509
South Africa - 1.5%
Republic of South Africa
5.375%, 07/24/2044	$	200,000		144,502
5.750%, 09/30/2049		200,000		144,826
6.250%, 03/31/2036	ZAR	11,665,000		382,962
7.000%, 02/28/2031 to 02/28/2031		6,130,000		260,638
7.300%, 04/20/2052	$	200,000		173,000
8.250%, 03/31/2032	ZAR	7,875,000		346,808
8.500%, 01/31/2037		13,740,000		534,801
8.750%, 01/31/2044		5,755,000		212,516
9.000%, 01/31/2040		4,465,000		173,885
11.625%, 03/31/2053		955,000		45,387
				2,419,325
South Korea - 1.8%
Republic of Korea
1.125%, 06/10/2030	KRW	2,220,600,149		1,645,271
1.750%, 06/10/2028		1,636,303,262		1,281,964
				2,927,235
Sweden - 2.3%
Kingdom of Sweden, Inflation Linked Bond
0.151%, 06/01/2039	SEK	5,550,000		556,017
0.166%, 06/01/2032		26,820,000		3,130,181
				3,686,198
Thailand - 0.9%
Kingdom of Thailand
1.000%, 06/17/2027	THB	6,320,000		166,719
1.585%, 12/17/2035		10,170,000		250,054
2.000%, 12/17/2031 to 06/17/2042		10,810,000		287,059
2.875%, 12/17/2028 to 06/17/2046		8,465,000		237,096
3.350%, 06/17/2033		11,107,000		324,640
3.450%, 06/17/2043		4,970,000		144,920
				1,410,488
United Kingdom - 0.4%
United Kingdom of Great Britain 0.500%, 10/22/2061	GBP	1,760,000		689,179
Uruguay - 0.3%
Republic of Uruguay
8.500%, 03/15/2028	UYU	10,093,000		263,725
9.750%, 07/20/2033		5,993,000		167,585
				431,310
TOTAL FOREIGN GOVERNMENT OBLIGATIONS (Cost $68,105,157)			$	62,559,436
CORPORATE BONDS - 14.4%
Belgium - 0.1%
Belfius Bank SA 4.125%, 09/12/2029	EUR	100,000		111,235
Crelan SA 5.250%, (5.250% to 1-23-31, then 1 Year EURIBOR ICE Swap Rate + 2.750%), 01/23/2032		100,000		111,953
				223,188

 

164

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Opportunistic Fixed Income Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Canada - 0.8%
Bausch & Lomb Escrow Corp. 8.375%, 10/01/2028 (D)	$	175,000	$	181,066
Bausch Health Companies, Inc.
4.875%, 06/01/2028 (D)		29,000		15,825
5.250%, 01/30/2030 (D)		185,000		76,321
Constellation Software, Inc. 5.461%, 02/16/2034 (D)		15,000		15,098
Emera, Inc. 6.750%, (6.750% to 6-15-26, then 3 month LIBOR + 5.440% to 6-15-46, then 3 month LIBOR + 6.190%), 06/15/2076		155,000		153,082
Enbridge, Inc.
5.700%, 03/08/2033		25,000		25,604
5.750%, (5.750% to 7-15-30, then 5 Year CMT + 5.314% to 7-15-50, then 5 Year CMT + 6.064%), 07/15/2080		154,000		145,745
8.500%, (8.500% to 1-15-34, then 5 Year CMT + 4.431% to 1-15-54, then 5 Year CMT + 5.181%), 01/15/2084		38,000		41,288
goeasy, Ltd.
7.625%, 07/01/2029 (D)		70,000		70,101
9.250%, 12/01/2028 (D)		140,000		149,268
Ontario Gaming GTA LP 8.000%, 08/01/2030 (D)		90,000		92,698
The Bank of Nova Scotia 4.900%, (4.900% to 6-4-25, then 5 Year CMT + 4.551%), 06/04/2025 (G)		174,000		171,220
Transcanada Trust
5.600%, (5.600% to 3-7-32, then 5 Year CMT + 3.986% to 3-7-52, then 5 Year CMT + 4.736%), 03/07/2082		194,000		177,103
5.875%, (5.875% to 8-15-26, then 3 month LIBOR + 4.640% to 8-15-46, then 3 month LIBOR + 5.390%), 08/15/2076		41,000		39,837
				1,354,256
Cayman Islands - 0.1%
Diamond Foreign Asset Company 8.500%, 10/01/2030 (D)		135,000		142,480
Chile - 0.1%
VTR Comunicaciones SpA 4.375%, 04/15/2029		200,000		137,766
China - 0.0%
CIFI Holdings Group Company, Ltd. 4.375%, 04/12/2027 (H)		260,000		19,050
Country Garden Holdings Company, Ltd. 3.875%, 10/22/2030 (H)		290,000		18,595
Times China Holdings, Ltd. 5.750%, 01/14/2027 (H)		200,000		5,250
Yuzhou Group Holdings Company, Ltd.
6.350%, 01/13/2027 (H)		200,000		8,875
7.375%, 01/13/2026 (H)		200,000		9,654
				61,424
Colombia - 0.1%
Ecopetrol SA 8.375%, 01/19/2036		100,000		100,942

Opportunistic Fixed Income Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Cyprus - 0.1%
Hellenic Bank PCL 10.250%, (10.250% to 6-14-28, then 5 Year Euro Swap Rate + 6.854%), 06/14/2033	EUR	100,000	$	122,449
Finland - 0.3%
Nokia OYJ 6.625%, 05/15/2039	$	454,000		442,455
France - 1.3%
Altice France SA 5.125%, 07/15/2029 (D)		200,000		135,207
Banque Federative du Credit Mutuel SA 3.625%, 09/14/2032	EUR	100,000		109,231
BPCE SA 5.716%, (5.716% to 1-18-29, then 1 Year CMT + 1.959%), 01/18/2030 (D)	$	250,000		251,235
Societe Generale SA
6.221%, (6.221% to 6-15-32, then 1 Year CMT + 3.200%), 06/15/2033 (D)		420,000		420,817
10.000%, (10.000% to 5-14-29, then 5 Year CMT + 5.448%), 11/14/2028 (D)(G)		200,000		212,173
Teleperformance SE 5.750%, 11/22/2031	EUR	100,000		112,875
TotalEnergies SE 2.125%, (2.125% to 1-25-33, then 5 Year Euro Swap Rate + 2.513% to 1-25-53, then 5 Year Euro Swap Rate + 3.263%), 07/25/2032 (G)		470,000		414,572
Valeo SE 1.000%, 08/03/2028		500,000		469,835
				2,125,945
Germany - 0.2%
Deutsche Bank AG 4.500%, (4.500% to 4-30-27, then 5 Year EURIBOR ICE Swap Rate + 4.552%), 11/30/2026 (G)		200,000		185,581
Peach Property Finance GmbH 4.375%, 11/15/2025		100,000		94,497
				280,078
Greece - 0.1%
Piraeus Financial Holdings SA
5.500%, (5.500% to 2-19-25, then 5 Year Euro Swap Rate + 5.774%), 02/19/2030		100,000		106,396
7.250%, (7.250% to 4-17-29, then 5 Year Euro Swap Rate + 4.773%), 04/17/2034		100,000		111,122
				217,518
Italy - 0.6%
Assicurazioni Generali SpA 2.429%, 07/14/2031		600,000		574,967
Cerved Group SpA 6.000%, 02/15/2029 (D)		100,000		100,488
Intesa Sanpaolo SpA 7.800%, 11/28/2053 (D)	$	200,000		226,912
Telecom Italia Capital SA 6.375%, 11/15/2033		5,000		4,730
				907,097
Luxembourg - 0.2%
Altice Financing SA 5.750%, 08/15/2029 (D)		200,000		160,248

 

165

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Opportunistic Fixed Income Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Luxembourg (continued)
Cosan Luxembourg SA 7.250%, 06/27/2031 (D)	$	200,000	$	204,262
Trinseo Materials Operating SCA 5.125%, 04/01/2029 (D)		105,000		30,450
				394,960
Malta - 0.0%
VistaJet Malta Finance PLC 6.375%, 02/01/2030 (D)(I)		91,000		67,078
Mexico - 0.1%
Trust Fibra Uno 6.390%, 01/15/2050		200,000		162,291
Unifin Financiera SAB de CV 8.375%, 01/27/2028 (H)		205,000		13,325
				175,616
Netherlands - 0.1%
United Group BV 6.750%, 02/15/2031 (D)	EUR	100,000		110,438
Singapore - 0.1%
Medco Laurel Tree Pte, Ltd. 6.950%, 11/12/2028	$	200,000		194,518
Supranational - 0.1%
Asian Development Bank 11.039%, 04/30/2040 (C)	ZAR	8,900,000		85,108
Switzerland - 0.3%
UBS Group AG
1.494%, (1.494% to 8-10-26, then 1 Year CMT + 0.850%), 08/10/2027 (D)	$	200,000		181,860
9.250%, (9.250% to 11-13-33, then 5 Year CMT + 4.758%), 11/13/2033 (D)(G)		200,000		225,707
				407,567
United Kingdom - 0.6%
Ardonagh Finco, Ltd. 6.875%, 02/15/2031 (D)	EUR	120,000		127,461
BAT International Finance PLC 5.931%, 02/02/2029	$	30,000		30,793
BP Capital Markets PLC 4.875%, (4.875% to 6-22-30, then 5 Year CMT + 4.398% to 6-22-50, then 5 Year CMT + 5.148%), 03/22/2030 (G)		88,000		83,954
Howden UK Refinance PLC 8.125%, 02/15/2032 (D)		200,000		201,697
Macquarie Airfinance Holdings, Ltd. 8.125%, 03/30/2029 (D)		39,000		41,247
Virgin Money UK PLC 11.000%, (11.000% to 6-9-29, then 5 Year United Kingdom Gilt Rate + 6.993%), 12/08/2028 (G)	GBP	200,000		283,683
Vmed O2 UK Financing I PLC 7.750%, 04/15/2032 (D)	$	200,000		200,500
				969,335
United States - 9.1%
AbbVie, Inc.
4.250%, 11/21/2049		35,000		30,312
4.400%, 11/06/2042		15,000		13,615
4.950%, 03/15/2031		10,000		10,071
Acrisure LLC 6.000%, 08/01/2029 (D)		140,000		128,391
Adams Homes, Inc. 7.500%, 02/15/2025 (D)		4,000		3,999

Opportunistic Fixed Income Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
United States (continued)
Air Lease Corp. 4.125%, (4.125% to 12-15-26, then 5 Year CMT + 3.149%), 12/15/2026 (G)	$	101,000	$	87,503
Aircastle, Ltd. 5.250%, (5.250% to 9-15-26, then 5 Year CMT + 4.410% to 9-15-31, then 5 Year CMT + 4.660% to 9-15-46, then 5 Year CMT + 5.160%), 06/15/2026 (D)(G)		161,000		153,356
Alliant Holdings Intermediate LLC 6.750%, 10/15/2027 (D)		104,000		102,463
AMC Networks, Inc. 10.250%, 01/15/2029 (D)		150,000		151,089
American Express Company 3.550%, (3.550% to 9-15-26, then 5 Year CMT + 2.854%), 09/15/2026 (G)		142,000		131,436
American International Group, Inc. 4.500%, 07/16/2044		35,000		31,327
AmeriGas Partners LP 5.750%, 05/20/2027		107,000		104,514
Ameriprise Financial, Inc. 5.700%, 12/15/2028		25,000		25,790
Amgen, Inc.
2.450%, 02/21/2030		35,000		30,605
5.600%, 03/02/2043		5,000		5,087
5.650%, 03/02/2053		20,000		20,379
Anheuser-Busch InBev Worldwide, Inc.
4.600%, 04/15/2048		5,000		4,569
5.000%, 06/15/2034		40,000		40,238
5.450%, 01/23/2039		20,000		20,650
Antero Midstream Partners LP 6.625%, 02/01/2032 (D)		130,000		130,568
Antero Resources Corp. 5.375%, 03/01/2030 (D)		70,000		67,227
Aon North America, Inc.
5.300%, 03/01/2031		20,000		20,149
5.450%, 03/01/2034		20,000		20,231
5.750%, 03/01/2054		10,000		10,252
Archer-Daniels-Midland Company
2.900%, 03/01/2032		5,000		4,307
4.500%, 08/15/2033		25,000		24,192
Ares Finance Company III LLC 4.125%, (4.125% to 6-30-26, then 5 Year CMT + 3.237%), 06/30/2051 (D)		47,000		43,604
Aretec Group, Inc. 10.000%, 08/15/2030 (D)		90,000		98,305
AssuredPartners, Inc.
5.625%, 01/15/2029 (D)		123,000		113,317
7.500%, 02/15/2032 (D)		55,000		54,046
AT&T, Inc.
2.300%, 06/01/2027		32,000		29,496
3.500%, 06/01/2041 to 09/15/2053		40,000		29,347
3.650%, 09/15/2059		20,000		13,924
4.550%, 03/09/2049		5,000		4,276
Athene Global Funding 5.339%, 01/15/2027 (D)		50,000		49,773
Athene Holding, Ltd.
5.875%, 01/15/2034		10,000		10,020
6.250%, 04/01/2054		20,000		20,298
Bank of America Corp.
5.202%, (5.202% to 4-25-28, then Overnight SOFR + 1.630%), 04/25/2029		30,000		30,028

 

166

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Opportunistic Fixed Income Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
United States (continued)
Bank of America Corp. (continued)
5.288%, (5.288% to 4-25-33, then Overnight SOFR + 1.910%), 04/25/2034	$	45,000	$	44,863
BAT Capital Corp. 4.390%, 08/15/2037		20,000		16,811
Bayer US Finance LLC 6.875%, 11/21/2053 (D)		200,000		205,193
BCPE Ulysses Intermediate, Inc. 7.750%, (7.750% Cash or 8.500% PIK), 04/01/2027 (D)		94,000		93,059
Black Knight InfoServ LLC 3.625%, 09/01/2028 (D)		490,000		463,050
BlackRock Funding, Inc. 5.250%, 03/14/2054		25,000		25,124
Bread Financial Holdings, Inc. 9.750%, 03/15/2029 (D)		191,000		198,769
Brixmor Operating Partnership LP 5.500%, 02/15/2034		20,000		19,749
Broadcom Corp. 3.875%, 01/15/2027		74,000		71,738
Caesars Entertainment, Inc. 7.000%, 02/15/2030 (D)		40,000		41,059
Capital One Financial Corp.
5.700%, (5.700% to 2-1-29, then Overnight SOFR + 1.905%), 02/01/2030		5,000		5,043
6.312%, (6.312% to 6-8-28, then Overnight SOFR + 2.640%), 06/08/2029		15,000		15,421
CBRE Services, Inc. 5.500%, 04/01/2029		10,000		10,060
CCO Holdings LLC
4.500%, 08/15/2030 (D)		75,000		62,854
4.750%, 03/01/2030 (D)		148,000		127,079
5.375%, 06/01/2029 (D)		92,000		84,221
Celanese US Holdings LLC
6.379%, 07/15/2032		30,000		31,122
6.550%, 11/15/2030		40,000		42,073
Cencora, Inc. 5.125%, 02/15/2034		50,000		49,914
Charter Communications Operating LLC
3.500%, 06/01/2041		25,000		16,787
3.700%, 04/01/2051		40,000		24,738
3.950%, 06/30/2062		145,000		87,481
4.400%, 12/01/2061		265,000		173,039
Cheniere Energy Partners LP 3.250%, 01/31/2032		25,000		21,296
Cheniere Energy, Inc. 5.650%, 04/15/2034 (D)		30,000		30,214
Cisco Systems, Inc.
5.050%, 02/26/2034		30,000		30,404
5.300%, 02/26/2054		10,000		10,265
Citigroup, Inc.
4.000%, (4.000% to 12-10-25, then 5 Year CMT + 3.597%), 12/10/2025 (G)		89,000		85,328
7.200%, (7.200% to 5-15-29, then 5 Year CMT + 2.905), 05/15/2029 (G)		55,000		56,403
Citizens Financial Group, Inc.
3.250%, 04/30/2030		41,000		36,113
5.650%, (5.650% to 10-6-25, then 5 Year CMT + 5.313%), 10/06/2025 (G)		42,000		41,038

Opportunistic Fixed Income Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
United States (continued)
Clear Channel Outdoor Holdings, Inc.
7.750%, 04/15/2028 (D)	$	73,000	$	63,933
9.000%, 09/15/2028 (D)(I)		115,000		119,786
Clydesdale Acquisition Holdings, Inc. 8.750%, 04/15/2030 (D)		88,000		86,463
CMS Energy Corp.
3.750%, (3.750% to 12-1-30, then 5 Year CMT + 2.900%), 12/01/2050		103,000		84,381
4.750%, (4.750% to 6-1-30, then 5 Year CMT + 4.116%), 06/01/2050		92,000		84,733
CoBank ACB 6.250%, (6.250% to 10-1-26, then 3 month LIBOR + 4.660%), 10/01/2026 (G)		41,000		40,161
Columbia Pipelines Holding Company LLC 5.681%, 01/15/2034 (D)		10,000		9,934
Columbia Pipelines Operating Company LLC 6.497%, 08/15/2043 (D)		20,000		21,462
Comcast Corp.
2.800%, 01/15/2051		12,000		7,678
3.750%, 04/01/2040		42,000		34,912
Community Health Systems, Inc. 8.000%, 12/15/2027 (D)		90,000		88,284
Corebridge Financial, Inc. 3.900%, 04/05/2032		30,000		26,983
Covanta Holding Corp.
4.875%, 12/01/2029 (D)		45,000		40,331
5.000%, 09/01/2030		110,000		96,941
Cox Communications, Inc. 5.800%, 12/15/2053 (D)		90,000		89,215
CP Atlas Buyer, Inc. 7.000%, 12/01/2028 (D)		145,000		136,084
Credit Acceptance Corp. 9.250%, 12/15/2028 (D)		40,000		43,023
CSC Holdings LLC
4.500%, 11/15/2031 (D)		200,000		141,593
4.625%, 12/01/2030 (D)		200,000		101,563
CVS Health Corp. 5.125%, 07/20/2045		30,000		27,646
Discover Financial Services 6.125%, (6.125% to 9-23-25, then 5 Year CMT + 5.783%), 06/23/2025 (G)		146,000		146,301
Discovery Communications LLC
5.000%, 09/20/2037		22,000		19,342
5.200%, 09/20/2047		10,000		8,402
DISH DBS Corp.
5.125%, 06/01/2029		10,000		4,171
5.750%, 12/01/2028 (D)		12,000		8,247
Dominion Energy, Inc.
4.350%, (4.350% to 4-15-27, then 5 Year CMT + 3.195%), 01/15/2027 (G)		45,000		42,127
4.650%, (4.650% to 12-15-24, then 5 Year CMT + 2.993%), 12/15/2024 (G)		45,000		44,047
Edison International 5.375%, (5.375% to 3-15-26, then 5 Year CMT + 4.698%), 03/15/2026 (G)		162,000		156,765
Eli Lilly & Company
5.000%, 02/09/2054		5,000		4,972
5.100%, 02/09/2064		30,000		29,856
Emera US Finance LP 4.750%, 06/15/2046		45,000		36,977

 

167

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Opportunistic Fixed Income Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
United States (continued)
Energy Transfer LP
5.950%, 05/15/2054	$	25,000	$	24,949
6.400%, 12/01/2030		25,000		26,389
8.000%, (8.000% to 5-15-29, then 5 Year CMT + 4.020%), 05/15/2054		40,000		41,955
EQM Midstream Partners LP 4.750%, 01/15/2031 (D)		90,000		83,696
Equinix, Inc. 3.200%, 11/18/2029		68,000		60,876
Equitable Financial Life Global Funding 1.800%, 03/08/2028 (D)		50,000		44,026
ERAC USA Finance LLC 5.200%, 10/30/2034 (D)		20,000		19,941
Fifth Third Bancorp 4.500%, (4.500% to 9-30-25, then 5 Year CMT + 4.215%), 09/30/2025 (G)		65,000		62,607
FirstCash, Inc.
4.625%, 09/01/2028 (D)		44,000		41,414
5.625%, 01/01/2030 (D)		43,000		40,861
FirstEnergy Corp.
5.100%, 07/15/2047		25,000		21,946
7.375%, 11/15/2031		15,000		17,661
FMC Corp. 3.450%, 10/01/2029		38,000		34,210
Freedom Mortgage Corp.
7.625%, 05/01/2026 (D)		92,000		91,857
12.000%, 10/01/2028 (D)		20,000		21,800
12.250%, 10/01/2030 (D)		70,000		76,985
Freedom Mortgage Holdings LLC 9.250%, 02/01/2029 (D)		129,000		132,025
Frontier Communications Holdings LLC 6.750%, 05/01/2029 (D)		218,000		194,279
General Motors Financial Company, Inc. 5.700%, (5.700% to 9-30-30, then 5 Year CMT + 4.997%), 09/30/2030 (G)		44,000		42,189
Georgia Power Company
4.300%, 03/15/2042		30,000		26,136
5.125%, 05/15/2052		15,000		14,509
5.250%, 03/15/2034		15,000		15,151
Glencore Funding LLC
5.634%, 04/04/2034 (D)		85,000		85,227
5.893%, 04/04/2054 (D)		15,000		15,197
Global Atlantic Fin Company 4.700%, (4.700% to 10-15-26, then 5 Year CMT + 3.796%), 10/15/2051 (D)		118,000		106,344
Gray Television, Inc. 5.375%, 11/15/2031 (D)		95,000		62,293
Great Lakes Dredge & Dock Corp. 5.250%, 06/01/2029 (D)(I)		400,000		355,877
Hanesbrands, Inc. 9.000%, 02/15/2031 (D)(I)		85,000		87,333
HCA, Inc.
3.500%, 09/01/2030 to 07/15/2051		45,000		38,561
4.625%, 03/15/2052		15,000		12,536
Hess Corp.
5.800%, 04/01/2047		55,000		56,551
7.125%, 03/15/2033		10,000		11,317
Hightower Holding LLC 6.750%, 04/15/2029 (D)		160,000		150,357
Highwoods Realty LP
3.050%, 02/15/2030		15,000		12,648
4.125%, 03/15/2028		18,000		16,831
HUB International, Ltd.
5.625%, 12/01/2029 (D)		45,000		42,193
7.375%, 01/31/2032 (D)		45,000		45,303

Opportunistic Fixed Income Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
United States (continued)
Humana, Inc. 5.500%, 03/15/2053	$	76,000	$	73,949
Huntington Bancshares, Inc.
4.443%, (4.443% to 8-4-27, then Overnight SOFR + 1.970%), 08/04/2028		25,000		24,125
4.450%, (4.450% to 10-15-27, then 7 Year CMT + 4.045%), 10/15/2027 (G)		51,000		46,216
6.208%, (6.208% to 8-21-28, then Overnight SOFR + 2.020%), 08/21/2029		20,000		20,470
Intel Corp. 3.050%, 08/12/2051		50,000		33,703
Intercontinental Exchange, Inc. 1.850%, 09/15/2032		40,000		31,191
Iron Mountain, Inc. 7.000%, 02/15/2029 (D)		160,000		163,049
JBS USA LUX SA 7.250%, 11/15/2053 (D)		15,000		16,122
JPMorgan Chase & Co.
2.522%, (2.522% to 4-22-30, then Overnight SOFR + 2.040%), 04/22/2031		30,000		25,928
4.323%, (4.323% to 4-26-27, then Overnight SOFR + 1.560%), 04/26/2028		45,000		43,961
5.336%, (5.336% to 1-23-34, then Overnight SOFR + 1.620%), 01/23/2035		25,000		25,098
6.087%, (6.087% to 10-23-28, then Overnight SOFR + 1.570%), 10/23/2029		60,000		62,377
Kyndryl Holdings, Inc.
3.150%, 10/15/2031		65,000		54,695
4.100%, 10/15/2041		60,000		46,009
L3Harris Technologies, Inc. 5.250%, 06/01/2031		45,000		44,917
LBM Acquisition LLC 6.250%, 01/15/2029 (D)		43,000		40,315
LFS Topco LLC 5.875%, 10/15/2026 (D)		95,000		88,113
Liberty Mutual Group, Inc.
4.125%, (4.125% to 12-15-26, then 5 Year CMT + 3.315%), 12/15/2051 (D)		191,000		172,426
4.300%, 02/01/2061 (D)		275,000		175,015
LKQ Corp. 6.250%, 06/15/2033		30,000		31,237
Lowe's Companies, Inc.
3.700%, 04/15/2046		15,000		11,481
4.250%, 04/01/2052		20,000		16,386
LXP Industrial Trust 6.750%, 11/15/2028		15,000		15,636
M&T Bank Corp.
4.553%, (4.553% to 8-16-27, then SOFR Compounded Index + 1.780%), 08/16/2028		40,000		38,189
5.053%, (5.053% to 1-27-33, then Overnight SOFR + 1.850%), 01/27/2034		20,000		18,594
7.413%, (7.413% to 10-30-28, then Overnight SOFR + 2.800%), 10/30/2029		25,000		26,367

 

168

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Opportunistic Fixed Income Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
United States (continued)
Macy's Retail Holdings LLC
5.125%, 01/15/2042	$	39,000	$	33,878
6.125%, 03/15/2032 (D)		45,000		43,618
MajorDrive Holdings IV LLC 6.375%, 06/01/2029 (D)		48,000		45,018
Medline Borrower LP 5.250%, 10/01/2029 (D)		190,000		179,582
Merck & Company, Inc. 5.150%, 05/17/2063		10,000		9,904
Meta Platforms, Inc.
3.850%, 08/15/2032		20,000		18,741
5.600%, 05/15/2053		25,000		26,423
Micron Technology, Inc.
4.185%, 02/15/2027		30,000		29,232
5.300%, 01/15/2031		45,000		45,260
5.875%, 09/15/2033		10,000		10,368
Monongahela Power Company 5.850%, 02/15/2034 (D)		20,000		20,539
Morgan Stanley 3.622%, (3.622% to 4-1-30, then Overnight SOFR + 3.120%), 04/01/2031		42,000		38,519
MSCI, Inc. 3.625%, 09/01/2030 (D)		105,000		93,196
Nationstar Mortgage Holdings, Inc. 5.125%, 12/15/2030 (D)		110,000		99,801
New Mountain Finance Corp. 6.875%, 02/01/2029		88,000		87,073
NextEra Energy Operating Partners LP 7.250%, 01/15/2029 (D)		110,000		112,548
Nordstrom, Inc. 2.300%, 04/08/2024		35,000		34,906
Occidental Petroleum Corp. 4.500%, 07/15/2044		60,000		46,983
ONEOK, Inc.
5.800%, 11/01/2030		15,000		15,453
6.350%, 01/15/2031		20,000		21,176
6.625%, 09/01/2053		15,000		16,532
Open Text Holdings, Inc. 4.125%, 12/01/2031 (D)		138,000		121,108
Oracle Corp.
3.600%, 04/01/2050		55,000		39,736
6.250%, 11/09/2032		25,000		26,749
Pacific Gas & Electric Company
4.550%, 07/01/2030		25,000		23,763
4.950%, 07/01/2050		63,000		54,192
Paramount Global
4.375%, 03/15/2043		250,000		169,659
5.850%, 09/01/2043		15,000		12,154
PennyMac Financial Services, Inc.
5.750%, 09/15/2031 (D)		48,000		44,523
7.875%, 12/15/2029 (D)		15,000		15,413
Philip Morris International, Inc. 5.250%, 02/13/2034		35,000		34,690
Post Holdings, Inc. 5.500%, 12/15/2029 (D)		98,000		94,702
Presidio Holdings, Inc. 8.250%, 02/01/2028 (D)		63,000		62,830
Prologis Targeted U.S. Logistics Fund LP 5.250%, 04/01/2029 (D)		10,000		9,971
Prologis Targeted US Logistics Fund LP 5.500%, 04/01/2034 (D)		15,000		15,094
Range Resources Corp.
4.750%, 02/15/2030 (D)		15,000		13,985

Opportunistic Fixed Income Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
United States (continued)
Range Resources Corp. (continued)
8.250%, 01/15/2029	$	45,000	$	46,809
Regal Rexnord Corp. 6.050%, 04/15/2028 (D)		20,000		20,275
Royalty Pharma PLC 3.300%, 09/02/2040		11,000		8,197
RTX Corp. 2.150%, 05/18/2030	EUR	190,000		188,050
Scripps Escrow II, Inc. 5.375%, 01/15/2031 (D)	$	95,000		58,450
Sempra 4.125%, (4.125% to 4-1-27, then 5 Year CMT + 2.868%), 04/01/2052		114,000		105,170
Sinclair Television Group, Inc. 4.125%, 12/01/2030 (D)		90,000		65,552
Sixth Street Lending Partners 6.500%, 03/11/2029 (D)		64,000		63,962
Solventum Corp. 5.450%, 03/13/2031 (D)		30,000		29,922
Southwest Gas Corp.
2.200%, 06/15/2030		54,000		45,490
4.050%, 03/15/2032		10,000		9,158
STL Holding Company LLC 8.750%, 02/15/2029 (D)		75,000		76,972
Stryker Corp. 4.625%, 03/15/2046		20,000		18,283
Tapestry, Inc.
7.000%, 11/27/2026		20,000		20,606
7.700%, 11/27/2030		15,000		15,996
Targa Resources Partners LP 6.875%, 01/15/2029		40,000		41,157
TEGNA, Inc. 5.000%, 09/15/2029		75,000		67,233
Terex Corp. 5.000%, 05/15/2029 (D)		88,000		83,080
The Allstate Corp.
4.500%, 06/15/2043		10,000		8,780
5.550%, 05/09/2035		30,000		31,138
The Boeing Company 3.950%, 08/01/2059		15,000		10,264
The Charles Schwab Corp.
2.450%, 03/03/2027		10,000		9,319
6.196%, (6.196% to 11-17-28, then Overnight SOFR + 1.878%), 11/17/2029		30,000		31,182
The Cigna Group 5.600%, 02/15/2054		90,000		90,335
The Goldman Sachs Group, Inc.
1.948%, (1.948% to 10-21-26, then Overnight SOFR + 0.913%), 10/21/2027		30,000		27,577
2.600%, 02/07/2030		35,000		30,636
3.650%, (3.650% to 8-10-26, then 5 Year CMT + 2.915%), 08/10/2026 (G)		94,000		85,856
4.482%, (4.482% to 8-23-27, then Overnight SOFR + 1.725%), 08/23/2028		32,000		31,284
4.950%, (4.950% to 2-10-25, then 5 Year CMT + 3.224%), 02/10/2025 (G)		88,000		86,546
The Hertz Corp. 5.000%, 12/01/2029 (D)(I)		205,000		158,417
The Michaels Companies, Inc. 7.875%, 05/01/2029 (D)		113,000		84,776

 

169

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Opportunistic Fixed Income Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
United States (continued)
The Southern Company 4.000%, (4.000% to 1-15-26, then 5 Year CMT + 3.733%), 01/15/2051	$	86,000	$	82,677
The Toledo Hospital 5.750%, 11/15/2038		85,000		84,251
T-Mobile USA, Inc.
3.000%, 02/15/2041		20,000		14,731
6.000%, 06/15/2054		15,000		16,033
Tyson Foods, Inc.
5.100%, 09/28/2048		15,000		13,510
5.700%, 03/15/2034		25,000		25,330
Uber Technologies, Inc. 4.500%, 08/15/2029 (D)		89,000		84,445
UL Solutions, Inc. 6.500%, 10/20/2028 (D)		25,000		25,912
UnitedHealth Group, Inc. 3.750%, 10/15/2047		17,000		13,439
Unum Group 4.125%, 06/15/2051		45,000		34,019
Verizon Communications, Inc.
2.100%, 03/22/2028		37,000		33,310
3.400%, 03/22/2041		22,000		17,195
Viatris, Inc. 3.850%, 06/22/2040		30,000		22,156
VICI Properties LP 6.125%, 04/01/2054		43,000		42,412
Viking Cruises, Ltd.
7.000%, 02/15/2029 (D)		90,000		90,389
9.125%, 07/15/2031 (D)		85,000		92,957
Vital Energy, Inc.
7.875%, 04/15/2032 (D)		35,000		35,555
9.750%, 10/15/2030		90,000		98,419
Wabtec Corp. 5.611%, 03/11/2034		10,000		10,129
Wand NewCo 3, Inc. 7.625%, 01/30/2032 (D)		15,000		15,513
WarnerMedia Holdings, Inc.
5.050%, 03/15/2042		37,000		31,801
5.391%, 03/15/2062		105,000		87,137
Wells Fargo & Company
3.900%, (3.900% to 3-15-26, then 5 Year CMT + 3.453%), 03/15/2026 (G)		178,000		169,354
4.611%, (4.611% to 4-25-52, then Overnight SOFR + 2.130%), 04/25/2053		15,000		13,254
4.808%, (4.808% to 7-25-27, then Overnight SOFR + 1.980%), 07/25/2028		20,000		19,706
5.389%, (5.389% to 4-24-33, then Overnight SOFR + 2.020%), 04/24/2034		55,000		54,658
5.574%, (5.574% to 7-25-28, then Overnight SOFR + 1.740%), 07/25/2029		15,000		15,178
Western Midstream Operating LP 5.300%, 03/01/2048		10,000		8,774
Willis North America, Inc. 5.900%, 03/05/2054		20,000		20,247
Windsor Holdings III LLC 8.500%, 06/15/2030 (D)		110,000		115,336
WW International, Inc. 4.500%, 04/15/2029 (D)		220,000		86,882
				14,407,474
TOTAL CORPORATE BONDS (Cost $23,282,076)			$	22,927,692

Opportunistic Fixed Income Trust (continued)

		Shares or Principal Amount	Value
CONVERTIBLE BONDS - 6.5%
Canada - 0.1%
Shopify, Inc. 0.125%, 11/01/2025	$	110,000	$	104,445
China - 0.2%
NIO, Inc. 0.500%, 02/01/2027		392,000		356,720
Smart Insight International, Ltd. 4.500%, 12/05/2023 (H)	HKD	2,000,000		16,929
				373,649
Italy - 0.1%
DiaSorin SpA 4.241%, 05/05/2028 (C)	EUR	100,000		90,783
Luxembourg - 0.0%
Arrival SA 3.500%, 12/01/2026 (D)(H)	$	515,000		258
Macau - 0.1%
Wynn Macau, Ltd. 4.500%, 03/07/2029 (D)		200,000		212,100
Singapore - 0.1%
Sea, Ltd. 0.250%, 09/15/2026		168,000		143,556
United Kingdom - 0.0%
Immunocore Holdings PLC 2.500%, 02/01/2030 (D)		20,000		20,838
United States - 5.9%
3D Systems Corp. 9.785%, 11/15/2026 (C)		28,000		21,835
Affirm Holdings, Inc. 7.367%, 11/15/2026 (C)		90,000		74,475
Airbnb, Inc. 3.731%, 03/15/2026 (C)		130,000		120,890
Alarm.com Holdings, Inc. 4.972%, 01/15/2026 (C)		140,000		128,170
Alliant Energy Corp. 3.875%, 03/15/2026		315,000		309,803
Alnylam Pharmaceuticals, Inc. 1.000%, 09/15/2027		240,000		225,570
American Water Capital Corp. 3.625%, 06/15/2026 (D)		315,000		307,598
Apellis Pharmaceuticals, Inc. 3.500%, 09/15/2026		60,000		97,292
Axon Enterprise, Inc. 0.500%, 12/15/2027		30,000		43,592
Bandwidth, Inc.
0.250%, 03/01/2026		47,000		41,243
0.500%, 04/01/2028		90,000		64,521
Bentley Systems, Inc. 0.125%, 01/15/2026		135,000		135,478
Beyond Meat, Inc. 62.121%, 03/15/2027 (C)		130,000		30,550
BILL Holdings, Inc. 5.280%, 04/01/2027 (C)		121,000		103,455
Block, Inc. 0.250%, 11/01/2027		187,000		155,865
Bread Financial Holdings, Inc. 4.250%, 06/15/2028 (D)		76,000		88,206
Cable One, Inc. 1.125%, 03/15/2028		50,000		37,530
Cardlytics, Inc. 1.000%, 09/15/2025		70,000		63,989
CenterPoint Energy, Inc. 4.250%, 08/15/2026 (D)		315,000		312,008
CMS Energy Corp. 3.375%, 05/01/2028 (D)		85,000		83,598

 

170

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Opportunistic Fixed Income Trust (continued)

		Shares or Principal Amount	Value
CONVERTIBLE BONDS (continued)
United States (continued)
Cracker Barrel Old Country Store, Inc. 0.625%, 06/15/2026	$	475,000	$	417,007
Cytokinetics, Inc. 3.500%, 07/01/2027		80,000		127,000
Dayforce, Inc. 0.250%, 03/15/2026		155,000		141,825
DigitalOcean Holdings, Inc. 6.739%, 12/01/2026 (C)		107,000		89,677
DraftKings Holdings, Inc. 3.754%, 03/15/2028 (C)		145,000		125,063
Dropbox, Inc. 1.757%, 03/01/2028 (C)		130,000		121,306
Duke Energy Corp. 4.125%, 04/15/2026 (D)		395,000		390,260
Enphase Energy, Inc. 3.925%, 03/01/2028 (C)		25,000		21,453
Etsy, Inc.
0.125%, 09/01/2027		365,000		305,469
0.250%, 06/15/2028 (I)		165,000		129,938
Euronet Worldwide, Inc. 0.750%, 03/15/2049		42,000		40,719
Evergy, Inc. 4.500%, 12/15/2027 (D)		65,000		66,073
Exact Sciences Corp. 0.375%, 03/15/2027		115,000		109,894
FirstEnergy Corp. 4.000%, 05/01/2026 (D)		320,000		318,080
Health Catalyst, Inc. 2.500%, 04/15/2025		5,000		4,702
Insulet Corp. 0.375%, 09/01/2026		65,000		67,568
Ionis Pharmaceuticals, Inc.
0.776%, 04/01/2026 (C)		35,000		34,455
1.750%, 06/15/2028 (D)		30,000		31,386
JetBlue Airways Corp. 0.500%, 04/01/2026 (I)		390,000		340,439
John Bean Technologies Corp. 0.250%, 05/15/2026		115,000		106,582
Lumentum Holdings, Inc. 0.500%, 06/15/2028 (I)		90,000		69,459
MP Materials Corp. 0.250%, 04/01/2026 (D)		345,000		302,738
NCL Corp., Ltd. 2.500%, 02/15/2027		129,000		124,937
NuVasive, Inc. 0.375%, 03/15/2025		95,000		90,345
Okta, Inc. 0.125%, 09/01/2025		100,000		95,750
ON Semiconductor Corp. 0.500%, 03/01/2029		65,000		63,960
PAR Technology Corp. 1.500%, 10/15/2027		25,000		22,813
Pebblebrook Hotel Trust 1.750%, 12/15/2026		65,000		58,299
Pegasystems, Inc. 0.750%, 03/01/2025		42,000		40,131
PG&E Corp. 4.250%, 12/01/2027 (D)		342,000		343,539
PPL Capital Funding, Inc. 2.875%, 03/15/2028		320,000		306,240
Rapid7, Inc. 0.250%, 03/15/2027		125,000		109,427
Redfin Corp. 0.500%, 04/01/2027 (I)		115,000		63,250

Opportunistic Fixed Income Trust (continued)

		Shares or Principal Amount	Value
CONVERTIBLE BONDS (continued)
United States (continued)
Shake Shack, Inc. 2.525%, 03/01/2028 (C)	$	25,000	$	22,641
Shift4 Payments, Inc. 0.500%, 08/01/2027		90,000		83,475
Snap, Inc. 0.125%, 03/01/2028		650,000		493,675
Spotify USA, Inc. 4.408%, 03/15/2026 (C)		140,000		128,520
Stem, Inc. 0.500%, 12/01/2028 (D)		135,000		65,806
Sunnova Energy International, Inc.
0.250%, 12/01/2026		390,000		197,340
2.625%, 02/15/2028		50,000		20,122
Sunrun, Inc. 4.000%, 03/01/2030 (D)		70,000		69,631
Super Micro Computer, Inc., Zero Coupon 0.000%, 03/01/2029 (D)		42,000		46,598
Teladoc Health, Inc. 1.250%, 06/01/2027		97,000		81,723
The Greenbrier Companies, Inc. 2.875%, 04/15/2028		115,000		127,455
The Southern Company 3.875%, 12/15/2025		390,000		388,050
Uber Technologies, Inc. 0.875%, 12/01/2028 (D)		122,000		150,914
Uber Technologies, Inc., Zero Coupon 0.000%, 12/15/2025		130,000		145,925
Unity Software, Inc. 6.408%, 11/15/2026 (C)		173,000		146,618
Ventas Realty LP 3.750%, 06/01/2026 (D)		101,000		100,798
				9,394,743
TOTAL CONVERTIBLE BONDS (Cost $11,082,476)			$	10,340,372
MUNICIPAL BONDS - 0.2%
United States - 0.2%
Grand Parkway Transportation Corp. (Texas) 3.236%, 10/01/2052		190,000		139,730
Metropolitan Transportation Authority (New York) 6.668%, 11/15/2039		35,000		38,500
New York City Transitional Finance Authority 4.750%, 02/01/2029		45,000		45,082
State of Illinois, GO 5.100%, 06/01/2033		70,000		69,490
TOTAL MUNICIPAL BONDS (Cost $343,435)			$	292,802
TERM LOANS (J) - 2.3%
Luxembourg - 0.1%
Delta 2 Lux Sarl, 2022 Term Loan B (3 month CME Term SOFR + 2.250%) 7.559%, 01/15/2030		140,000		140,035
Netherlands - 0.1%
Boels Topholding BV, 2021 EUR Term Loan B (1 and 3 month EURIBOR + 3.250%) 7.129%, 02/06/2027	EUR	133,621		143,700
Sweden - 0.1%
Verisure Holding AB, 2020 EUR Term Loan B (3 month EURIBOR + 3.000%) 6.945%, 08/06/2026		155,000		166,884

 

171

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Opportunistic Fixed Income Trust (continued)

		Shares or Principal Amount	Value
TERM LOANS (J) (continued)
United States - 2.0%
Asurion LLC, 2020 Term Loan B8 (1 month CME Term SOFR + 3.250%) 8.691%, 12/23/2026	$	144,113	$	140,973
Asurion LLC, 2021 2nd Lien Term Loan B3 (1 month CME Term SOFR + 5.250%) 10.691%, 01/31/2028		145,000		130,138
athenahealth, Inc., 2022 Term Loan B (1 month CME Term SOFR + 3.250%) 8.580%, 02/15/2029		98,111		97,054
Berlin Packaging LLC, 2021 Term Loan B5 (1 and 3 month CME Term SOFR + 3.750%) 9.195%, 03/11/2028		165,750		165,844
Caesars Entertainment, Inc., Term Loan B (3 month CME Term SOFR + 3.250%) 8.663%, 02/06/2030		104,213		104,387
Cinemark USA, Inc., 2023 Term Loan B (1 and 3 month CME Term SOFR + 3.750%) 9.083%, 05/24/2030		124,063		124,451
EMRLD Borrower LP, Term Loan B (3 month CME Term SOFR + 2.500%) 7.790%, 05/31/2030		74,500		74,425
Great Outdoors Group LLC, 2021 Term Loan B1 (1 month CME Term SOFR + 3.750%) 9.195%, 03/06/2028		96,769		96,755
Hanesbrands, Inc., 2023 Term Loan B (1 month CME Term SOFR + 3.750%) 9.080%, 03/08/2030		99,000		98,876
HUB International, Ltd., 2024 Term Loan B (3 month CME Term SOFR + 3.250%) 8.574%, 06/20/2030		104,256		104,275
IRB Holding Corp., 2024 Term Loan B (1 month CME Term SOFR + 2.750%) 8.176%, 12/15/2027		195,502		195,459
LBM Acquisition LLC, Term Loan B (1 month CME Term SOFR + 3.750%) 9.176%, 12/17/2027		100,290		100,052
Medline Borrower LP, USD Term Loan B (1 month CME Term SOFR + 3.000%) 8.441%, 10/23/2028		92,370		92,569
MH Sub I LLC, 2023 Term Loan (1 month CME Term SOFR + 4.250%) 9.580%, 05/03/2028		97,742		97,053
NEP Group, Inc., 2023 Term Loan B 08/19/2026 TBD (K)		90,109		85,547
Oryx Midstream Services Permian Basin LLC, 2024 Term Loan B (1 month CME Term SOFR + 3.000%) 8.436%, 10/05/2028		97,044		97,339
Sedgwick Claims Management Services, Inc., 2023 Term Loan B (1 month CME Term SOFR + 3.750%) 9.076%, 02/24/2028		193,508		193,804
Tecta America Corp., 2021 Term Loan (1 month CME Term SOFR + 4.000%) 9.441%, 04/10/2028		126,750		126,908
The Michaels Companies, Inc., 2021 Term Loan B (3 month CME Term SOFR + 4.250%) 9.821%, 04/15/2028		126,425		113,150
TransDigm, Inc., 2023 Term Loan I (3 month CME Term SOFR + 3.250%) 8.570%, 08/24/2028		165,084		165,601
Truist Insurance Holdings LLC, Term Loan B 03/24/2031 TBD (K)		100,000		99,833

Opportunistic Fixed Income Trust (continued)

		Shares or Principal Amount	Value
TERM LOANS (J) (continued)
United States (continued)
UFC Holdings LLC, 2021 Term Loan B (3 month CME Term SOFR + 2.750%) 8.336%, 04/29/2026	$	174,865	$	175,083
UKG, Inc., 2024 Term Loan B (3 month CME Term SOFR + 3.500%) 8.814%, 02/10/2031		100,000		100,475
USI, Inc., 2023 Term Loan B (3 month CME Term SOFR + 3.000%) 8.348%, 11/22/2029		199,277		199,250
Windsor Holdings III LLC, 2024 USD Term Loan B (1 month CME Term SOFR + 4.000%) 9.326%, 08/01/2030		114,426		114,641
WW International, Inc., 2021 Term Loan B (1 month CME Term SOFR + 3.500%) 8.829%, 04/13/2028		94,500		41,265
				3,135,207
TOTAL TERM LOANS (Cost $3,655,657)			$	3,585,826
COLLATERALIZED MORTGAGE OBLIGATIONS - 4.0%
Commercial and residential - 1.5%
Angel Oak Mortgage Trust, Series 2020-3, Class M1, 3.809%, 04/25/2065 (D)(L)		180,000		163,443
BANK
Series 2018-BN15, Class B, 4.661%, 11/15/2061 (L)		50,000		47,410
Series 2020-BN25, Class AS, 2.841%, 01/15/2063		60,000		51,422
Series 2021-BN37, Class XA IO, 0.600%, 11/15/2064		991,128		29,186
Series 2022-BNK42, Class AS, 4.722%, 06/15/2055 (L)		60,000		56,730
BBCMS Mortgage Trust
Series 2023-5C23, Class C, 7.455%, 12/15/2056 (L)		25,000		26,066
Series 2023-C20, Class AS, 5.973%, 07/15/2056 (L)		15,000		15,662
Series 2024-5C25, Class C, 6.643%, 03/15/2057 (L)		20,000		20,164
Benchmark Mortgage Trust
Series 2018-B1, Class AM, 3.878%, 01/15/2051 (L)		85,000		78,721
Series 2018-B5, Class C, 4.602%, 07/15/2051 (L)		90,000		77,721
Series 2020-B16, Class AM, 2.944%, 02/15/2053 (L)		60,000		50,855
Series 2024-V6, Class C, 6.669%, 03/15/2029		20,000		19,619
BRAVO Residential Funding Trust
Series 2020-NQM1, Class M1, 3.181%, 05/25/2060 (D)(L)		180,000		167,468
Series 2021-NQM1, Class M1, 2.316%, 02/25/2049 (D)(L)		100,000		77,463
BX Commercial Mortgage Trust, Series 2020-VKNG, Class F (1 month CME Term SOFR + 2.864%), 8.189%, 10/15/2037 (D)(F)		189,000		185,084
BX Trust
Series 2021-ARIA, Class C (1 month CME Term SOFR + 1.760%), 7.085%, 10/15/2036 (D)(F)		25,000		24,657
Series 2021-MFM1, Class D (1 month CME Term SOFR + 1.614%), 6.939%, 01/15/2034 (D)(F)		42,144		41,670

 

172

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Opportunistic Fixed Income Trust (continued)

		Shares or Principal Amount	Value
COLLATERALIZED MORTGAGE OBLIGATIONS (continued)
Commercial and residential (continued)
CAMB Commercial Mortgage Trust, Series 2019-LIFE, Class E (1 month CME Term SOFR + 2.447%), 7.773%, 12/15/2037 (D)(F)	$	120,000	$	119,703
Citigroup Commercial Mortgage Trust, Series 2023-PRM3, Class A, 6.360%, 07/10/2028 (D)(L)		100,000		103,735
COMM Mortgage Trust, Series 2014-CR15, Class B, 3.956%, 02/10/2047 (L)		24,435		23,591
CSMC Trust, Series 2021-NQM6, Class A2, 1.379%, 07/25/2066 (D)(L)		64,965		52,631
GS Mortgage Securities Trust
Series 2017-GS6, Class C, 4.322%, 05/10/2050 (L)		25,000		20,500
Series 2024-70P, Class A, 5.133%, 03/10/2041 (D)(L)		100,000		99,107
LHOME Mortgage Trust, Series 2021-RTL2, Class A1, 3.090%, 06/25/2026 (D)		27,080		27,009
MFA Trust, Series 2023-NQM1, Class A1 (5.750% to 1-1-27, then 6.750% thereafter), 5.750%, 11/25/2067 (D)		85,912		84,718
NYMT Loan Trust I, Series 2021-BPL1, Class A1 (2.239% to 5-25-24, then 4.239% thereafter), 2.239%, 05/25/2026 (D)		93,096		91,734
OBX Trust, Series 2022-NQM5, Class A1 (4.310% to 5-1-26, then 5.310% thereafter), 4.310%, 05/25/2062 (D)		104,260		100,264
PRPM LLC, Series 2021-5, Class A1 (1.793% to 6-25-24, then 4.793% to 6-25-25, then 5.793% thereafter), 1.793%, 06/25/2026 (D)		96,658		94,513
Ready Capital Mortgage Financing LLC, Series 2021-FL7, Class AS (1 month CME Term SOFR + 1.614%), 6.944%, 11/25/2036 (D)(F)		55,000		53,916
Verus Securitization Trust
Series 2020-5, Class M1, 2.601%, 05/25/2065 (D)(L)		100,000		84,949
Series 2020-INV1, Class A3, 3.889%, 03/25/2060 (D)(L)		100,000		97,107
Series 2021-5, Class A1, 1.013%, 09/25/2066 (D)(L)		64,599		53,628
Series 2024-2, Class A1, 6.095%, 02/25/2069 (D)(L)		99,198		99,183
WF-RBS Commercial Mortgage Trust, Series 2011-C4, Class C, 4.979%, 06/15/2044 (D)(L)		48,839		45,993
WSTN Trust, Series 2023-MAUI, Class B, 7.018%, 07/05/2037 (D)(L)		30,000		29,930
				2,415,552
U.S. Government Agency - 2.5%
Federal Home Loan Mortgage Corp.
Series 2020-DNA6, Class B1 (30 day Average SOFR + 3.000%), 8.320%, 12/25/2050 (D)(F)		35,000		36,805

Opportunistic Fixed Income Trust (continued)

		Shares or Principal Amount	Value
COLLATERALIZED MORTGAGE OBLIGATIONS (continued)
U.S. Government Agency (continued)
Federal Home Loan Mortgage Corp. (continued)
Series 2021-DNA6, Class M2 (30 day Average SOFR + 1.500%), 6.820%, 10/25/2041 (D)(F)	$	188,000	$	188,270
Series 2021-HQA1, Class M2 (30 day Average SOFR + 2.250%), 7.570%, 08/25/2033 (D)(F)		158,712		162,291
Series 2021-HQA3, Class M2 (30 day Average SOFR + 2.100%), 7.420%, 09/25/2041 (D)(F)		355,000		355,993
Series 2022-DNA1, Class B1 (30 day Average SOFR + 3.400%), 8.720%, 01/25/2042 (D)(F)		175,000		180,647
Series 2022-DNA3, Class M1B (30 day Average SOFR + 2.900%), 8.220%, 04/25/2042 (D)(F)		120,000		124,057
Series 2022-DNA5, Class M2 (30 day Average SOFR + 6.750%), 12.070%, 06/25/2042 (D)(F)		75,000		85,005
Series 2022-HQA1, Class M1B (30 day Average SOFR + 3.500%), 8.820%, 03/25/2042 (D)(F)		20,000		20,850
Series 2022-HQA1, Class M2 (30 day Average SOFR + 5.250%), 10.570%, 03/25/2042 (D)(F)		560,000		606,809
Series 2022-HQA3, Class M1B (30 day Average SOFR + 3.550%), 8.870%, 08/25/2042 (D)(F)		60,000		62,939
Series 2023-DNA1, Class M2 (30 day Average SOFR + 5.500%), 10.820%, 03/25/2043 (D)(F)		35,000		38,984
Series 2023-DNA2, Class B1 (30 day Average SOFR + 7.600%), 12.920%, 04/25/2043 (D)(F)		20,000		22,846
Series 2024-DNA1, Class M2 (30 day Average SOFR + 1.950%), 7.270%, 02/25/2044 (D)(F)		100,000		100,188
Series 324, Class C18 IO, 4.000%, 12/15/2033		189,754		18,699
Series 4446, Class BI IO, 6.500%, 04/15/2039		76,800		14,133
Series 4898, Class SA IO, 0.667%, 07/15/2049		465,614		40,199
Series 4954, Class SL IO, 0.615%, 02/25/2050		1,279,335		131,573
Series 4999, Class KS IO, 0.715%, 12/25/2042		357,741		27,170
Series 4999, Class PS IO, 0.515%, 03/25/2044		460,948		38,122
Series K103, Class X1 IO, 0.638%, 11/25/2029		1,018,675		30,103
Series K106, Class X3 IO, 1.908%, 03/25/2048		490,000		43,751
Series K122, Class X1 IO, 0.878%, 11/25/2030		99,016		4,478
Series K129, Class X3 IO, 3.163%, 05/25/2031		165,000		29,048
Series K737, Class X1 IO, 0.629%, 10/25/2026		480,967		5,776
Series K740, Class X3 IO, 2.477%, 11/25/2047		135,000		9,806
Series K742, Class X3, IO, 2.595%, 04/25/2028		100,000		8,707

 

173

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Opportunistic Fixed Income Trust (continued)

		Shares or Principal Amount	Value
COLLATERALIZED MORTGAGE OBLIGATIONS (continued)
U.S. Government Agency (continued)
Federal Home Loan Mortgage Corp. (continued)
Series Q014, Class X IO, 2.785%, 10/25/2055	$	151,741	$	23,500
Federal National Mortgage Association
Series 2016-88, Class SK IO, 0.565%, 12/25/2046		369,265		35,714
Series 2018-C05, Class 1B1 (30 day Average SOFR + 4.364%), 9.685%, 01/25/2031 (F)		230,000		250,397
Series 2019-25, Class SA IO, 0.615%, 06/25/2049		1,579,186		159,582
Series 2019-50, Class S IO, 0.615%, 09/25/2049		928,669		94,533
Series 2019-68, Class SC IO, 0.565%, 11/25/2049		309,700		29,597
Series 2021-67, Class IG IO, 3.000%, 10/25/2051		129,333		20,470
Series 2022-R02, Class 2B1 (30 day Average SOFR + 4.500%), 9.820%, 01/25/2042 (D)(F)		175,000		183,920
Series 2022-R03, Class 1B1 (30 day Average SOFR + 6.250%), 11.570%, 03/25/2042 (D)(F)		69,000		77,013
Series 2022-R03, Class 1M2 (30 day Average SOFR + 3.500%), 8.820%, 03/25/2042 (D)(F)		59,000		61,834
Series 2022-R04, Class 1B1 (30 day Average SOFR + 5.250%), 10.570%, 03/25/2042 (D)(F)		165,000		179,527
Series 2022-R05, Class 2B1 (30 day Average SOFR + 4.500%), 9.820%, 04/25/2042 (D)(F)		70,000		74,049
Series 2023-R01, Class 1B1 (30 day Average SOFR + 5.100%), 10.421%, 12/25/2042 (D)(F)		20,000		21,817
Series 2023-R02, Class 1M2 (30 day Average SOFR + 3.350%), 8.670%, 01/25/2043 (D)(F)		40,000		42,202
Series 2023-R03, Class 2M2 (30 day Average SOFR + 3.900%), 9.220%, 04/25/2043 (D)(F)		35,000		37,339
Series 2023-R05, Class 1M2 (30 day Average SOFR + 3.100%), 8.421%, 06/25/2043 (D)(F)		36,000		37,804
Series 2023-R06, Class 1B1 (30 day Average SOFR + 3.900%), 9.220%, 07/25/2043 (D)(F)		20,000		21,017
Series 2023-R08, Class 1B1 (30 day Average SOFR + 3.550%), 8.870%, 10/25/2043 (D)(F)		35,000		36,377
Series 2024-R02, Class 1B1 (30 day Average SOFR + 2.500%), 7.820%, 02/25/2044 (D)(F)		60,000		60,375
Series 410, Class C8 IO, 4.000%, 04/25/2032		108,981		10,288
Series 437, Class C8 IO, 2.500%, 06/25/2052		120,793		18,436
Government National Mortgage Association
Series 2015-62, Class CI IO, 4.500%, 05/20/2045		124,087		23,626
Series 2017-130, Class IO, 4.500%, 02/20/2040		128,088		21,251

Opportunistic Fixed Income Trust (continued)

		Shares or Principal Amount	Value
COLLATERALIZED MORTGAGE OBLIGATIONS (continued)
U.S. Government Agency (continued)
Government National Mortgage Association (continued)
Series 2018-168, Class AI IO, 5.000%, 12/16/2048	$	106,789	$	18,993
				3,926,910
TOTAL COLLATERALIZED MORTGAGE OBLIGATIONS (Cost $6,244,798)			$	6,342,462
ASSET BACKED SECURITIES - 3.2%
Arbor Realty Commercial Real Estate Notes, Ltd., Series 2021-FL3, Class B (1 month CME Term SOFR + 1.714%), 7.040%, 08/15/2034 (D)(F)		110,000		107,116
Avis Budget Rental Car Funding AESOP LLC, Series 2023-8A, Class A, 6.020%, 02/20/2030 (D)		100,000		103,128
Benefit Street Partners CLO XIX, Ltd., Series 2019-19A, Class E (3 month CME Term SOFR + 7.282%), 12.596%, 01/15/2033 (D)(F)		250,000		250,515
BlueMountain CLO, Ltd., Series 2018-2A, Class D (3 month CME Term SOFR + 3.412%), 8.719%, 08/15/2031 (D)(F)		250,000		248,362
Bojangles Issuer LLC, Series 2020-1A, Class A2, 3.832%, 10/20/2050 (D)		122,813		115,875
BSPRT Issuer, Ltd., Series 2023-FL10, Class A (1 month CME Term SOFR + 2.259%), 7.584%, 09/15/2035 (D)(F)		100,000		100,344
Carvana Auto Receivables Trust
Series 2023-P3, Class A4, 5.710%, 07/10/2029 (D)		10,000		10,102
Series 2024-N1, Class C, 5.800%, 05/10/2030 (D)		75,000		75,256
Compass Datacenters Issuer II LLC, Series 2024-1A, Class A1, 5.250%, 02/25/2049 (D)		75,000		74,311
CoreVest American Finance Trust, Series 2020-4, Class B, 1.707%, 12/15/2052 (D)		100,000		92,046
Domino's Pizza Master Issuer LLC
Series 2019-1A, Class A2, 3.668%, 10/25/2049 (D)		48,000		44,146
Series 2021-1A, Class A2II, 3.151%, 04/25/2051 (D)		58,350		50,644
Drive Auto Receivables Trust, Series 2024-1, Class B, 5.310%, 01/16/2029		35,000		34,931
Exeter Automobile Receivables Trust
Series 2023-1A, Class D, 6.690%, 06/15/2029		40,000		40,515
Series 2023-4A, Class C, 6.510%, 08/15/2028		50,000		50,680
Flagship Credit Auto Trust, Series 2021-3, Class D, 1.650%, 09/15/2027 (D)		112,000		102,437
Flatiron CLO 20, Ltd.
Series 2020-1A, Class BR (3 month CME Term SOFR + 1.920%), 7.218%, 05/20/2036 (D)(F)		150,000		150,027

 

174

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Opportunistic Fixed Income Trust (continued)

		Shares or Principal Amount	Value
ASSET BACKED SECURITIES (continued)
Flatiron CLO 20, Ltd. (continued)
Series 2020-1A, Class CR (3 month CME Term SOFR + 2.350%), 7.648%, 05/20/2036 (D)(F)	$	150,000	$	150,027
Ford Credit Auto Owner Trust, Series 2023-2, Class C, 6.160%, 02/15/2036 (D)		100,000		101,843
FS Rialto, Series 2021-FL3, Class A (1 month CME Term SOFR + 1.364%), 6.691%, 11/16/2036 (D)(F)		94,977		94,533
GLS Auto Receivables Issuer Trust
Series 2023-1A, Class C, 6.380%, 12/15/2028 (D)		32,000		32,210
Series 2023-3A, Class D, 6.440%, 05/15/2029 (D)		30,000		30,321
Golub Capital Partners Static, Ltd., Series 2024-1A, Class C (3 month CME Term SOFR + 2.300%), 7.533%, 04/20/2033 (D)(F)		250,000		250,000
Greystone Commercial Real Estate Notes, Ltd., Series 2021-FL3, Class B (1 month CME Term SOFR + 1.764%), 7.090%, 07/15/2039 (D)(F)		100,000		96,857
Hertz Vehicle Financing LLC
Series 2021-2A, Class B, 2.120%, 12/27/2027 (D)		100,000		91,082
Series 2022-2A, Class C, 2.950%, 06/26/2028 (D)		100,000		91,068
Series 2022-2A, Class B, 2.650%, 06/26/2028 (D)		100,000		91,316
Series 2023-4A, Class A, 6.150%, 03/25/2030 (D)		100,000		103,512
Home Partners of America Trust, Series 2022-1, Class D, 4.730%, 04/17/2039 (D)		149,057		139,501
Horizon Aircraft Finance II, Ltd., Series 2019-1, Class A, 3.721%, 07/15/2039 (D)		168,184		150,453
MAPS Trust, Series 2021-1A, Class A, 2.521%, 06/15/2046 (D)		110,534		98,410
MFA LLC, Series 2021-NPL1, Class A1 (5.363% to 3-25-25, then 6.363% thereafter), 5.363%, 03/25/2060 (D)		43,389		42,967
New Economy Assets Phase 1 Sponsor LLC, Series 2021-1, Class A1, 1.910%, 10/20/2061 (D)		120,000		105,089
Pretium Mortgage Credit Partners LLC, Series 2021-RN1, Class A2 (3.598% to 6-25-25, then 7.598% thereafter), 3.598%, 02/25/2061 (D)		185,000		168,654
Progress Residential Trust
Series 2021-SFR2, Class D, 2.197%, 04/19/2038 (D)		100,000		92,244
Series 2022-SFR1, Class E1, 3.930%, 02/17/2041 (D)		150,000		134,247
Series 2022-SFR4, Class C, 4.888%, 05/17/2041 (D)		100,000		96,162
Series 2022-SFR7, Class D, 5.500%, 10/27/2039 (D)		100,000		97,582
Stratus CLO, Ltd., Series 2021-1A, Class D (3 month CME Term SOFR + 2.762%), 8.079%, 12/29/2029 (D)(F)		250,000		250,006

Opportunistic Fixed Income Trust (continued)

		Shares or Principal Amount	Value
ASSET BACKED SECURITIES (continued)
Symphony CLO XXII, Ltd., Series 2020-22A, Class C (3 month CME Term SOFR + 2.412%), 7.710%, 04/18/2033 (D)(F)	$	250,000	$	249,474
Texas Natural Gas Securitization Finance Corp., Series 2023-1, Class A2, 5.169%, 04/01/2041		50,000		50,759
TRTX Issuer, Ltd., Series 2019-FL3, Class D (1 month CME Term SOFR + 2.564%), 7.890%, 10/15/2034 (D)(F)		100,000		95,870
Vericrest Opportunity Loan Transferee
Series 2021-NPL5, Class A1 (5.116% to 2-25-25, then 6.116% thereafter), 5.116%, 03/27/2051 (D)		40,398		39,524
Series 2021-NP11, Class A1 (1.868% to 7-25-24, then 4.868% to 7-25-25, then 5.868% thereafter), 1.868%, 08/25/2051 (D)		127,245		122,509
Voya CLO, Ltd., Series 2013-3A, Class BRR (3 month CME Term SOFR + 2.511%), 7.809%, 10/18/2031 (D)(F)		250,000		247,863
Willis Engine Structured Trust IV, Series 2018-A, Class A, 4.750%, 09/15/2043 (D)		164,129		156,664
TOTAL ASSET BACKED SECURITIES (Cost $5,203,953)			$	5,121,182
COMMON STOCKS - 0.0%
United Kingdom - 0.0%
Endeavour Mining PLC		1,012		20,561
TOTAL COMMON STOCKS (Cost $79,464)			$	20,561
PREFERRED SECURITIES - 0.7%
United States - 0.7%
AGNC Investment Corp., 6.125% (6.125% to 4-15-25, then 3 month CME Term SOFR + 4.959%)		10,000		229,600
AGNC Investment Corp., 7.750% (7.750% to 10-15-27, then 5 Year CMT + 4.390%)		10,000		238,000
AT&T, Inc., 5.000%		3,585		76,576
Bank of America Corp., 7.250%		52		62,074
Capital One Financial Corp., 5.000%		583		11,928
JPMorgan Chase & Co., 4.200%		2,000		40,320
Morgan Stanley, 4.250%		2,140		43,100
SCE Trust VII, 7.500%		3,100		82,553
Synchrony Financial, 8.250% (8.250% to 5-15-29, then 5 Year CMT + 4.044%) (I)		1,659		41,492
Wells Fargo & Company, 4.750%		405		8,789
Wells Fargo & Company, 7.500%		135		164,612
				999,044
TOTAL PREFERRED SECURITIES (Cost $925,995)			$	999,044
SHORT-TERM INVESTMENTS - 11.3%
U.S. Government - 0.1%
U.S. Treasury Bill 5.266%, 04/11/2024 *	$	100,000		99,854
Short-term funds - 11.2%
John Hancock Collateral Trust, 5.2975% (M)(N)		115,396		1,153,662

 

175

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Opportunistic Fixed Income Trust (continued)

		Shares or Principal Amount	Value
SHORT-TERM INVESTMENTS (continued)
Short-term funds (continued)
State Street Institutional U.S. Government Money Market Fund, Premier Class, 5.2417% (M)		16,755,967	$	16,755,967
				17,909,629
TOTAL SHORT-TERM INVESTMENTS (Cost $18,009,789)			$	18,009,483
Total Investments (Opportunistic Fixed Income Trust) (Cost $196,082,855) - 119.1%			$	189,431,659
Other assets and liabilities, net - (19.1%)				(30,364,198)
TOTAL NET ASSETS - 100.0%			$	159,067,461
SALE COMMITMENTS OUTSTANDING - (3.3%)
U.S. Government Agency - (3.3)%
Federal National Mortgage Association
2.500%, TBA (B)	$	(852,000)	$	(774,222)
3.500%, TBA (B)		(1,170,000)		(1,046,830)
4.500%, TBA (B)		(437,000)		(416,123)
6.500%, TBA (B)		(1,217,000)		(1,243,147)
Government National Mortgage Association
2.500%, TBA (B)		(675,000)		(574,878)
4.500%, TBA (B)		(495,000)		(475,600)
5.000%, TBA (B)		(675,000)		(663,498)
TOTAL SALE COMMITMENTS OUTSTANDING (Proceeds received $5,203,450)			$	(5,194,298)

Currency Abbreviations
AUD	Australian Dollar
BRL	Brazilian Real
CAD	Canadian Dollar
CLP	Chilean Peso
COP	Colombian Peso
CZK	Czech Republic Koruna
DOP	Dominican Republic Peso
EUR	Euro
GBP	Pound Sterling
HKD	Hong Kong Dollar
HUF	Hungarian Forint
IDR	Indonesian Rupiah
ISK	Icelandic Krona
JPY	Japanese Yen
KRW	Korean Won
MXN	Mexican Peso
MYR	Malaysian Ringgit
NOK	Norwegian Krone
NZD	New Zealand Dollar
PEN	Peruvian Nuevo Sol
PLN	Polish Zloty
RON	Romanian New Leu
SEK	Swedish Krona
THB	Thai Bhat

Opportunistic Fixed Income Trust (continued)

UYU	Uruguayan Peso
ZAR	South African Rand
Security Abbreviations and Legend
CME	CME Group Published Rates
CMT	Constant Maturity Treasury
EURIBOR	Euro Interbank Offered Rate
GO	General Obligation
ICE	Intercontinental Exchange
IO	Interest-Only Security - (Interest Tranche of Stripped Mortgage Pool). Rate shown is the annualized yield at the end of the period.
LIBOR	London Interbank Offered Rate
PIK	Pay-in-Kind Security - Represents a payment-in-kind which may pay interest in additional par and/or cash. Rates shown are the current rate and most recent payment rate.
SOFR	Secured Overnight Financing Rate
TBA	To Be Announced. A forward mortgage-backed securities trade issued by a U.S. Government Agency, to be delivered at an agreed-upon future settlement date.
WIBOR	Warsaw Interbank Offered Rate
(A)	All or a portion of this security is segregated at the custodian as collateral for certain derivatives.
(B)	Security purchased or sold on a when-issued or delayed delivery basis.
(C)	Zero coupon bonds are issued at a discount from their principal amount in lieu of paying interest periodically. Rate shown is the effective yield at period end.
(D)	These securities are exempt from registration under Rule 144A of the Securities Act of 1933. Such securities may be resold, normally to qualified institutional buyers, in transactions exempt from registration. Rule 144A securities amounted to $29,635,477 or 18.6% of the fund's net assets as of 3-31-24.
(E)	Non-income producing security.
(F)	Variable rate obligation. The coupon rate shown represents the rate at period end.
(G)	Perpetual bonds have no stated maturity date. Date shown as maturity date is next call date.
(H)	Non-income producing - Issuer is in default.
(I)	All or a portion of this security is on loan as of 3-31-24. The value of securities on loan amounted to $1,130,348.
(J)	Term loans are variable rate obligations. The rate shown represents the rate at period end.
(K)	This position represents an unsettled loan commitment at period end. Certain details associated with this purchase are not known prior to the settlement date, including coupon rate, which is disclosed as TBD (To Be Determined).
(L)	Variable or floating rate security, the interest rate of which adjusts periodically based on a weighted average of interest rates and prepayments on the underlying pool of assets. The interest rate shown is the current rate as of period end.
(M)	The rate shown is the annualized seven-day yield as of 3-31-24.
(N)	Investment is an affiliate of the fund, the advisor and/or subadvisor. This security represents the investment of cash collateral received for securities lending.
*	Yield represents either the annualized yield at the date of purchase, the stated coupon rate or, for floating rate securities, the rate at period end.

 

DERIVATIVES

FUTURES

Open contracts	Number of contracts	Position	Expiration date	Notional basis^	Notional value^	Unrealized appreciation (depreciation)
10-Year Australian Treasury Bond Futures	21	Long	Jun 2024	$1,597,908	$1,595,299	$(2,609)
10-Year U.S. Treasury Note Futures	331	Long	Jun 2024	36,560,554	36,673,766	113,212
2-Year U.S. Treasury Note Futures	92	Long	Jun 2024	18,807,023	18,812,563	5,540

176

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Opportunistic Fixed Income Trust (continued)
FUTURES (continued)

Open contracts	Number of contracts	Position	Expiration date	Notional basis^	Notional value^	Unrealized appreciation (depreciation)
5-Year U.S. Treasury Note Futures	176	Long	Jun 2024	18,795,778	18,834,750	$38,972
Euro SCHATZ Futures	4	Long	Jun 2024	456,314	456,138	(176)
Ultra 10-Year U.S. Treasury Note Futures	1	Long	Jun 2024	113,985	114,609	624
10-Year Japan Government Bond Futures	7	Short	Jun 2024	(6,738,797)	(6,735,962)	2,835
Euro-BTP Italian Government Bond Futures	28	Short	Jun 2024	(3,545,763)	(3,595,030)	(49,267)
Euro-Buxl Futures	28	Short	Jun 2024	(4,016,544)	(4,102,219)	(85,675)
Euro-OAT Futures	13	Short	Jun 2024	(1,786,145)	(1,797,591)	(11,446)
German Euro BOBL Futures	4	Short	Jun 2024	(509,472)	(510,296)	(824)
German Euro BUND Futures	2	Short	Jun 2024	(285,526)	(287,794)	(2,268)
U.K. Long Gilt Bond Futures	28	Short	Jun 2024	(3,512,887)	(3,531,899)	(19,012)
U.S. Treasury Long Bond Futures	34	Short	Jun 2024	(4,062,590)	(4,094,875)	(32,285)
Ultra U.S. Treasury Bond Futures	19	Short	Jun 2024	(2,415,939)	(2,451,000)	(35,061)
						$(77,440)

^ Notional basis refers to the contractual amount agreed upon at inception of open contracts; notional value represents the current value of the open contract.

FORWARD FOREIGN CURRENCY CONTRACTS

Contract to buy		Contract to sell		Counterparty (OTC)	Contractual settlement date	Unrealized appreciation	Unrealized depreciation
AUD	1,248,000	USD	815,000	JPM	4/30/2024	—	$(1,111)
AUD	65,000	USD	43,157	MSI	6/20/2024	—	(707)
BRL	41,069,000	USD	8,220,047	BOA	4/2/2024	—	(31,468)
BRL	41,069,000	USD	8,235,212	CITI	4/2/2024	—	(46,632)
BRL	11,263,000	USD	2,254,404	SSB	5/3/2024	—	(15,691)
BRL	265,000	USD	53,156	GSI	6/4/2024	—	(623)
CAD	2,365,000	USD	1,742,995	BOA	4/30/2024	$3,713	—
CLP	1,491,130,000	USD	1,523,396	SSB	4/30/2024	—	(2,848)
CLP	241,255,000	USD	250,420	BOA	6/21/2024	—	(4,683)
CLP	74,714,000	USD	75,735	GSI	6/21/2024	367	—
CLP	120,000,000	USD	123,056	SSB	6/21/2024	—	(827)
CNY	761,000	USD	106,420	BOA	6/20/2024	—	(1,254)
COP	5,225,506,000	USD	1,334,883	JPM	4/30/2024	10,511	—
COP	79,100,000	USD	20,308	CITI	6/20/2024	—	(107)
COP	204,200,000	USD	51,439	DB	6/20/2024	711	—
CZK	1,950,000	USD	84,423	CITI	6/20/2024	—	(1,275)
CZK	865,000	USD	37,330	GSI	6/20/2024	—	(446)
CZK	1,780,000	USD	76,264	HSBC	6/20/2024	—	(364)
CZK	870,000	USD	37,101	JPM	6/20/2024	—	(4)
EUR	3,023,000	USD	3,279,771	BOA	4/30/2024	—	(14,882)
EUR	105,000	USD	113,756	MSI	4/30/2024	—	(354)
EUR	15,000	USD	16,339	BARC	6/20/2024	—	(105)
EUR	69,000	USD	75,783	CITI	6/20/2024	—	(1,107)
EUR	165,000	USD	179,443	GSI	6/20/2024	—	(870)
EUR	35,000	USD	38,232	HSBC	6/20/2024	—	(353)
EUR	68,000	USD	74,652	JPM	6/20/2024	—	(1,059)
EUR	25,000	USD	27,375	MSI	6/20/2024	—	(318)
GBP	346,000	USD	436,952	BOA	4/30/2024	—	(184)
GBP	1,467,000	USD	1,854,573	JPM	4/30/2024	—	(2,726)
HUF	659,789,000	USD	1,795,540	GSI	4/30/2024	8,608	—
HUF	224,273,000	USD	617,250	GSI	6/20/2024	—	(5,548)
IDR	29,192,817,000	USD	1,847,881	JPM	4/30/2024	—	(10,106)
IDR	1,089,000,000	USD	70,145	DB	6/20/2024	—	(1,685)
IDR	234,000,000	USD	14,706	GSI	6/20/2024	5	—
IDR	9,060,580,000	USD	580,144	JPM	6/20/2024	—	(10,549)
INR	17,382,000	USD	209,472	HSBC	6/20/2024	—	(1,518)
JPY	956,034,000	USD	6,353,054	BOA	4/30/2024	—	(10,566)
KRW	2,421,230,000	USD	1,807,900	JPM	4/30/2024	—	(11,333)
KZT	48,400,000	USD	106,132	GSI	6/20/2024	—	(108)
MXN	9,710,000	USD	550,142	MSI	5/6/2024	30,851	—
MXN	2,080,000	USD	122,945	GSI	6/20/2024	627	—
MXN	11,140,000	USD	620,890	GSI	7/24/2024	37,462	—
MXN	3,345,000	USD	183,137	CITI	9/13/2024	12,991	—
MXN	4,435,000	USD	240,405	HSBC	9/13/2024	19,633	—
MXN	9,710,000	USD	508,963	CITI	11/6/2024	55,683	—

177

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Opportunistic Fixed Income Trust (continued)
FORWARD FOREIGN CURRENCY CONTRACTS (continued)

Contract to buy		Contract to sell		Counterparty (OTC)	Contractual settlement date	Unrealized appreciation	Unrealized depreciation
MYR	1,915,000	USD	410,715	HSBC	6/20/2024	—	$(8,042)
NOK	19,738,000	USD	1,840,394	BARC	4/30/2024	—	(21,056)
NZD	100,000	USD	61,540	MSI	6/20/2024	—	(1,792)
PEN	190,000	USD	51,400	CITI	6/20/2024	—	(395)
PHP	5,920,000	USD	106,499	BOA	6/20/2024	—	(1,220)
PLN	3,809,000	USD	966,237	BARC	6/20/2024	—	(13,412)
RON	180,000	USD	39,031	BOA	6/20/2024	——	——
SEK	6,172,000	USD	584,288	JPM	4/30/2024	—	(7,058)
THB	3,750,000	USD	103,734	BARC	6/20/2024	—	(292)
THB	930,000	USD	25,618	GSI	6/20/2024	$35	—
THB	24,148,000	USD	686,120	JPM	6/20/2024	—	(20,005)
TRY	9,006,000	USD	269,149	BARC	4/30/2024	—	(136)
TRY	1,675,000	USD	47,363	BARC	6/20/2024	—	(114)
TRY	17,608,000	USD	485,394	GSI	6/20/2024	11,303	—
USD	5,763,712	AUD	8,801,000	BOA	4/30/2024	24,095	—
USD	8,284,065	BRL	41,069,000	BOA	4/2/2024	95,485	—
USD	8,220,047	BRL	41,069,000	CITI	4/2/2024	31,468	—
USD	8,209,695	BRL	41,069,000	CITI	5/3/2024	46,535	—
USD	1,003,403	BRL	5,013,000	SSB	5/3/2024	6,984	—
USD	336,018	BRL	1,685,000	GSI	6/4/2024	1,989	—
USD	58,358	BRL	295,000	HSBC	6/4/2024	—	(122)
USD	59,086	BRL	295,000	MSI	6/4/2024	606	—
USD	18,907	BRL	95,000	SSB	6/4/2024	75	—
USD	3,811,005	CAD	5,171,000	BOA	4/30/2024	—	(8,118)
USD	85,412	CAD	115,000	JPM	6/20/2024	417	—
USD	1,828,323	CHF	1,635,000	GSI	4/30/2024	9,950	—
USD	52,583	CLP	51,500,000	MSI	6/21/2024	126	—
USD	128,717	CLP	122,700,000	SSB	6/21/2024	3,738	—
USD	768,880	CNY	5,565,000	BOA	4/30/2024	1,955	—
USD	52,618	CNY	381,000	CITI	6/20/2024	—	(34)
USD	159,082	CNY	1,142,000	JPM	6/20/2024	1,263	—
USD	348,389	COP	1,384,409,000	CITI	6/20/2024	—	(5,170)
USD	1,825,759	CZK	42,691,000	MSI	4/30/2024	5,935	—
USD	48,359	CZK	1,117,000	GSI	6/20/2024	730	—
USD	4,967,270	EUR	4,578,386	BOA	4/30/2024	22,540	—
USD	197,403	EUR	182,000	JPM	4/30/2024	840	—
USD	61,969	EUR	57,000	BARC	6/20/2024	281	—
USD	433,659	EUR	398,000	GSI	6/20/2024	2,923	—
USD	65,927	EUR	60,000	HSBC	6/20/2024	992	—
USD	261,219	EUR	238,000	MSI	6/20/2024	3,642	—
USD	1,538,525	GBP	1,217,000	JPM	4/30/2024	2,262	—
USD	73,103	GBP	57,000	BARC	6/20/2024	1,130	—
USD	73,474	GBP	58,000	JPM	6/20/2024	240	—
USD	259,264	HKD	2,026,000	BOA	4/30/2024	181	—
USD	132,966	HUF	48,452,000	BOA	6/20/2024	813	—
USD	374,919	HUF	137,177,000	GSI	6/20/2024	770	—
USD	52,367	IDR	833,000,000	GSI	6/20/2024	——	——
USD	395,444	ILS	1,435,000	MSI	4/30/2024	4,749	—
USD	818,333	INR	68,366,000	HSBC	4/30/2024	—	(940)
USD	50,724	INR	4,240,000	GSI	6/20/2024	—	(2)
USD	1,460,041	JPY	219,713,000	BOA	4/30/2024	2,428	—
USD	3,008,476	KRW	4,029,101,000	JPM	4/30/2024	18,858	—
USD	53,930	KZT	24,700,000	GSI	6/20/2024	—	(177)
USD	2,974,274	MXN	49,951,000	MSI	4/30/2024	—	(17,372)
USD	524,581	MXN	9,710,000	CITI	5/6/2024	—	(56,411)
USD	1,055,611	MXN	18,005,000	BARC	6/20/2024	—	(14,065)
USD	58,720	MXN	1,000,000	CITI	6/20/2024	—	(690)
USD	135,992	MXN	2,312,000	HSBC	6/20/2024	—	(1,364)
USD	110,156	MXN	1,890,000	JPM	6/20/2024	—	(2,129)
USD	311,478	MXN	5,570,000	BARC	7/24/2024	—	(17,698)
USD	310,991	MXN	5,570,000	MSI	7/24/2024	—	(18,185)
USD	431,367	MXN	7,780,000	CITI	9/13/2024	—	(24,801)
USD	534,308	MXN	9,710,000	MSI	11/6/2024	—	(30,339)
USD	29,693	MYR	140,000	HSBC	6/20/2024	255	—
USD	4,121,074	NOK	44,198,000	BARC	4/30/2024	47,150	—
USD	6,769,789	NZD	11,269,000	BOA	4/30/2024	36,887	—

178

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Opportunistic Fixed Income Trust (continued)
FORWARD FOREIGN CURRENCY CONTRACTS (continued)

Contract to buy		Contract to sell		Counterparty (OTC)	Contractual settlement date	Unrealized appreciation	Unrealized depreciation
USD	61,752	NZD	100,000	GSI	6/20/2024	$2,004	—
USD	96,761	PEN	357,000	BOA	6/20/2024	926	—
USD	68,346	PEN	255,000	SCB	6/20/2024	—	$(107)
USD	1,432,826	PHP	80,731,000	JPM	4/30/2024	—	(3,559)
USD	105,743	PHP	5,920,000	BOA	6/20/2024	465	—
USD	52,415	PHP	2,950,000	GSI	6/20/2024	—	(47)
USD	1,855,233	PLN	7,387,000	MSI	4/30/2024	6,242	—
USD	49,958	PLN	200,000	JPM	6/20/2024	—	(72)
USD	74,902	RON	341,000	GSI	6/20/2024	960	—
USD	3,809,233	SEK	40,238,000	JPM	4/30/2024	46,016	—
USD	1,869,653	SGD	2,513,000	JPM	4/30/2024	6,093	—
USD	74,179	THB	2,620,000	BARC	6/20/2024	1,907	—
USD	105,669	THB	3,820,000	GSI	6/20/2024	295	—
USD	38,971	THB	1,390,000	HSBC	6/20/2024	628	—
USD	53,908	TRY	1,970,000	BARC	6/20/2024	—	(1,663)
USD	37,398	TRY	1,360,000	GSI	6/20/2024	—	(966)
USD	88,162	UYU	3,545,000	HSBC	4/15/2024	—	(4,356)
USD	88,647	UYU	3,545,000	CITI	5/13/2024	—	(1,376)
USD	168,643	UYU	6,812,000	CITI	6/11/2024	—	(3,437)
USD	69,559	ZAR	1,322,000	CITI	4/30/2024	—	(90)
USD	1,070,731	ZAR	20,376,000	MSI	4/30/2024	—	(2,776)
USD	148,712	ZAR	2,799,000	GSI	6/20/2024	1,877	—
ZAR	18,294,000	USD	961,324	MSI	4/30/2024	2,493	—
						$640,698	$(470,999)

SWAPS

Interest rate swaps
Counterparty (OTC)/ Centrally cleared	Notional amount	Currency	Payments made	Payments received	Fixed payment frequency	Floating payment frequency	Maturity date	Unamortized upfront payment paid (received)	Unrealized appreciation (depreciation)	Value
Centrally cleared	6,855,000	CAD	CAD CORRA Compounded OIS	Fixed 4.500%	Semi-Annual	Semi-Annual	Sep 2025	$(2,426)	$8,698	$6,272
Centrally cleared	89,120,000	NOK	NOK NIBOR NIBR	Fixed 3.740%	Annual	Semi-Annual	Jun 2026	—	(79,204)	(79,204)
Centrally cleared	45,130,000	NOK	NOK NIBOR NIBR	Fixed 3.812%	Annual	Semi-Annual	Jun 2026	—	(34,545)	(34,545)
Centrally cleared	52,320,000	MXN	MXN TIIE Banxico	Fixed 7.840%	Monthly	Monthly	Mar 2027	1,438	(125,775)	(124,337)
Centrally cleared	8,500,000	NZD	NZD BBR FRA	Fixed 2.660%	Semi-Annual	Quarterly	Mar 2027	(12,878)	(253,237)	(266,115)
Centrally cleared	6,540,000	NZD	NZD BBR FRA	Fixed 2.750%	Semi-Annual	Quarterly	Mar 2027	4,268	(199,228)	(194,960)
Centrally cleared	39,115,000	MXN	MXN TIIE Banxico	Fixed 8.840%	Monthly	Monthly	Jun 2028	(2,489)	(6,447)	(8,936)
Centrally cleared	55,310,000	MXN	MXN TIIE Banxico	Fixed 9.053%	Monthly	Monthly	Jun 2028	—	12,443	12,443
Centrally cleared	4,000,000	AUD	AUD BBR BBSW	Fixed 4.190%	Semi-Annual	Semi-Annual	Sep 2028	(518)	24,017	23,499
Centrally cleared	24,530,000	CNY	Fixed 2.445%	CNY CNREPOFIX Reuters	Quarterly	Quarterly	Sep 2028	—	(51,563)	(51,563)
Centrally cleared	9,355,000	CNY	Fixed 2.468%	CNY CNREPOFIX Reuters	Quarterly	Quarterly	Sep 2028	—	(20,911)	(20,911)
Centrally cleared	15,265,000	CNY	Fixed 2.467%	CNY CNREPOFIX Reuters	Quarterly	Quarterly	Sep 2028	—	(34,006)	(34,006)
Centrally cleared	12,020,000	CNY	Fixed 2.400%	CNY CNREPOFIX Reuters	Quarterly	Quarterly	Sep 2028	—	(21,896)	(21,896)
Centrally cleared	12,025,000	CNY	Fixed 2.362%	CNY CNREPOFIX Reuters	Quarterly	Quarterly	Sep 2028	—	(19,220)	(19,220)
Centrally cleared	2,360,000	CAD	CAD CORRA Compounded OIS	Fixed 3.910%	Semi-Annual	Semi-Annual	Dec 2028	(421)	20,569	20,148
Centrally cleared	4,700,000	CAD	CAD CORRA Compounded OIS	Fixed 3.220%	Semi-Annual	Semi-Annual	Jun 2029	1,344	(36,939)	(35,595)
Centrally cleared	17,445,000	MXN	MXN TIIE Banxico	Fixed 6.940%	Monthly	Monthly	Sep 2031	(232)	(104,848)	(105,080)
Centrally cleared	16,930,000	MXN	MXN TIIE Banxico	Fixed 8.852%	Monthly	Monthly	Dec 2033	—	5,557	5,557
Centrally cleared	1,212,830,000	KRW	Fixed 3.493%	KRW CD KSDA Bloomberg	Quarterly	Quarterly	Mar 2034	—	(20,002)	(20,002)
Centrally cleared	1,212,830,000	KRW	Fixed 3.460%	KRW CD KSDA Bloomberg	Quarterly	Quarterly	Mar 2034	—	(17,453)	(17,453)
								$(11,914)	$(953,990)	$(965,904)

Credit default swaps - Buyer
Counterparty (OTC)/ Centrally cleared	Reference obligation	Notional amount	Currency	USD notional amount	Pay fixed rate	Fixed payment frequency	Maturity date	Unamortized upfront payment paid (received)	Unrealized appreciation (depreciation)	Value
BARC	Federative Republic of Brazil	585,000	USD	$585,000	1.000%	Quarterly	Dec 2026	$19,434	$(23,413)	$(3,979)

179

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Opportunistic Fixed Income Trust (continued)

Credit default swaps - Buyer (continued)
Counterparty (OTC)/ Centrally cleared	Reference obligation	Notional amount	Currency	USD notional amount	Pay fixed rate	Fixed payment frequency	Maturity date	Unamortized upfront payment paid (received)	Unrealized appreciation (depreciation)	Value
BARC	Emirate of Abu Dhabi	515,000	USD	$515,000	1.000%	Quarterly	Dec 2028	$(12,581)	$(2,284)	$(14,865)
BARC	Emirate of Abu Dhabi	515,000	USD	515,000	1.000%	Quarterly	Dec 2028	(12,513)	(2,352)	(14,865)
BARC	Federative Republic of Brazil	270,000	USD	270,000	1.000%	Quarterly	Dec 2028	3,713	(1,032)	2,681
BARC	Kingdom of Saudi Arabia	520,000	USD	520,000	1.000%	Quarterly	Dec 2028	(9,124)	(2,665)	(11,789)
BARC	Republic of Chile	935,000	USD	935,000	1.000%	Quarterly	Dec 2028	(14,528)	(5,951)	(20,479)
BARC	Republic of Chile	260,000	USD	260,000	1.000%	Quarterly	Dec 2028	(5,221)	(474)	(5,695)
BARC	Republic of Colombia	210,000	USD	210,000	1.000%	Quarterly	Dec 2028	8,433	(3,591)	4,842
BARC	Republic of Colombia	500,000	USD	500,000	1.000%	Quarterly	Jun 2024	13,160	(1,632)	11,528
BARC	Republic of Indonesia	485,000	USD	485,000	1.000%	Quarterly	Dec 2028	(5,339)	(1,626)	(6,965)
BARC	Republic of Panama	545,000	USD	545,000	1.000%	Quarterly	Dec 2028	17,657	(4,089)	13,568
BARC	Republic of Panama	500,000	USD	500,000	1.000%	Quarterly	Dec 2028	13,792	(1,344)	12,448
BARC	Republic of Peru	260,000	USD	260,000	1.000%	Quarterly	Dec 2028	(3,538)	(989)	(4,527)
BARC	United Mexican States	535,000	USD	535,000	1.000%	Quarterly	Dec 2028	991	(4,961)	(3,970)
BARC	United Mexican States	480,000	USD	480,000	1.000%	Quarterly	Dec 2028	299	(3,861)	(3,562)
BARC	United Mexican States	500,000	USD	500,000	1.000%	Quarterly	Jun 2024	(2,635)	(1,075)	(3,710)
BARC	United Mexican States	265,000	USD	265,000	1.000%	Quarterly	Dec 2028	(1,400)	(566)	(1,966)
BOA	Federative Republic of Brazil	2,345,000	USD	2,345,000	1.000%	Quarterly	Dec 2027	112,420	(114,780)	(2,360)
BOA	Federative Republic of Brazil	620,000	USD	620,000	1.000%	Quarterly	Dec 2027	29,816	(30,440)	(624)
BOA	Republic of South Africa	1,650,000	USD	1,650,000	1.000%	Quarterly	Dec 2028	95,133	(588)	94,545
BOA	State of Qatar	515,000	USD	515,000	1.000%	Quarterly	Dec 2028	(10,382)	(4,144)	(14,526)
CITI	Federative Republic of Brazil	485,000	USD	485,000	1.000%	Quarterly	Dec 2027	23,690	(24,178)	(488)
GSI	Government of Malaysia	2,075,000	USD	2,075,000	1.000%	Quarterly	Dec 2028	(47,069)	(7,830)	(54,899)
GSI	Government of Malaysia	500,000	USD	500,000	1.000%	Quarterly	Dec 2028	(12,260)	(969)	(13,229)
GSI	Republic of Colombia	550,000	USD	550,000	1.000%	Quarterly	Dec 2028	16,785	(4,105)	12,680
GSI	Republic of Colombia	500,000	USD	500,000	1.000%	Quarterly	Dec 2028	12,525	(997)	11,528
GSI	Republic of Colombia	500,000	USD	500,000	1.000%	Quarterly	Dec 2028	11,130	398	11,528
GSI	Republic of Colombia	500,000	USD	500,000	1.000%	Quarterly	Dec 2028	11,615	(87)	11,528
GSI	Republic of Indonesia	1,145,000	USD	1,145,000	1.000%	Quarterly	Dec 2028	(5,646)	(10,797)	(16,443)
GSI	Republic of Indonesia	1,540,000	USD	1,540,000	1.000%	Quarterly	Dec 2028	(15,694)	(6,421)	(22,115)
GSI	Republic of Indonesia	500,000	USD	500,000	1.000%	Quarterly	Dec 2028	(5,109)	(2,071)	(7,180)
GSI	Republic of South Africa	460,000	USD	460,000	1.000%	Quarterly	Dec 2028	27,521	(1,163)	26,358
GSI	Republic of the Philippines	800,000	USD	800,000	1.000%	Quarterly	Dec 2028	(6,929)	(7,960)	(14,889)
GSI	Republic of the Philippines	500,000	USD	500,000	1.000%	Quarterly	Dec 2028	(8,079)	(1,226)	(9,305)
GSI	State of Qatar	500,000	USD	500,000	1.000%	Quarterly	Dec 2028	(11,024)	(3,078)	(14,102)
GSI	State of Qatar	520,000	USD	520,000	1.000%	Quarterly	Dec 2028	(13,329)	(1,338)	(14,667)
GSI	United Mexican States	265,000	USD	265,000	1.000%	Quarterly	Dec 2028	(1,007)	(959)	(1,966)
JPM	Republic of South Africa	500,000	USD	500,000	1.000%	Quarterly	Dec 2028	29,825	(1,175)	28,650
JPM	Republic of South Africa	500,000	USD	500,000	1.000%	Quarterly	Dec 2028	27,335	1,315	28,650
MSI	Government of Japan	9,570,000	USD	9,570,000	1.000%	Quarterly	Dec 2024	(50,374)	(20,006)	(70,380)
MSI	Emirate of Abu Dhabi	500,000	USD	500,000	1.000%	Quarterly	Dec 2028	(12,934)	(1,498)	(14,432)
MSI	Federative Republic of Brazil	2,460,000	USD	2,460,000	1.000%	Quarterly	Dec 2028	68,164	(43,735)	24,429
MSI	Kingdom of Saudi Arabia	500,000	USD	500,000	1.000%	Quarterly	Dec 2028	(9,545)	(1,791)	(11,336)
MSI	Republic of Chile	500,000	USD	500,000	1.000%	Quarterly	Dec 2028	(8,192)	(2,759)	(10,951)
MSI	Republic of Peru	2,375,000	USD	2,375,000	1.000%	Quarterly	Dec 2028	(20,830)	(20,524)	(41,354)
MSI	Republic of South Africa	500,000	USD	500,000	1.000%	Quarterly	Dec 2028	25,080	3,570	28,650
MSI	State of Qatar	500,000	USD	500,000	1.000%	Quarterly	Dec 2028	(11,728)	(2,374)	(14,102)
MSI	United Mexican States	500,000	USD	500,000	1.000%	Quarterly	Dec 2028	(207)	(3,503)	(3,710)
MSI	United Mexican States	1,550,000	USD	1,550,000	1.000%	Quarterly	Dec 2028	(1,609)	(9,893)	(11,502)
MSI	United Mexican States	500,000	USD	500,000	1.000%	Quarterly	Dec 2028	(1,042)	(2,668)	(3,710)
				$44,805,000				$248,650	$(389,679)	$(141,029)
Centrally cleared	CDX.EM.40	24,060,000	USD	24,060,000	1.000%	Quarterly	Dec 2028	1,089,001	(506,253)	582,748
Centrally cleared	CDX.EM.IG.40	3,090,000	USD	3,090,000	1.000%	Quarterly	Dec 2028	(38,509)	(11,150)	(49,659)
Centrally cleared	CDX.NA.HY.41	2,717,550	USD	2,717,550	5.000%	Quarterly	Dec 2028	(171,144)	(34,318)	(205,462)
Centrally cleared	CDX.NA.IG.41	18,645,000	USD	18,645,000	1.000%	Quarterly	Dec 2028	(390,874)	(42,340)	(433,214)
Centrally cleared	iTraxx Europe Crossover Series 40 Version 1	940,000	EUR	1,029,392	5.000%	Quarterly	Dec 2028	(52,413)	(26,681)	(79,094)
Centrally cleared	iTraxx Europe Senior Financials Series 40 Version 1	5,820,000	EUR	6,324,612	1.000%	Quarterly	Dec 2028	(81,240)	(39,042)	(120,282)

180

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Opportunistic Fixed Income Trust (continued)

Credit default swaps - Buyer (continued)
Counterparty (OTC)/ Centrally cleared	Reference obligation	Notional amount	Currency	USD notional amount	Pay fixed rate	Fixed payment frequency	Maturity date	Unamortized upfront payment paid (received)	Unrealized appreciation (depreciation)	Value
Centrally cleared	iTraxx Europe Series 40 Version 1	6,685,000	EUR	7,279,659	1.000%	Quarterly	Dec 2028	$(142,285)	$(16,178)	$(158,463)
Centrally cleared	iTraxx Europe Sub Financials Series 40 Version 1	3,420,000	EUR	3,714,684	1.000%	Quarterly	Dec 2028	53,175	(51,657)	1,518
Centrally cleared	CDX.NA.HY.42	400,000	USD	400,000	5.000%	Quarterly	Jun 2029	(27,692)	(1,975)	(29,667)
Centrally cleared	CDX.NA.IG.42	23,020,000	USD	23,020,000	1.000%	Quarterly	Jun 2029	(498,538)	(30,879)	(529,417)
				$90,280,897				$(260,519)	$(760,473)	$(1,020,992)
				$135,085,897				$(11,869)	$(1,150,152)	$(1,162,021)

Credit default swaps - Seller
Counterparty (OTC)/ Centrally cleared	Reference obligation	Implied credit spread	Notional amount	Currency	USD notional amount	Received fixed rate	Fixed payment frequency	Maturity date	Unamortized upfront payment paid (received)	Unrealized appreciation (depreciation)	Value
BOA	Anglo American Capital PLC	1.099%	260,000	EUR	$284,869	5.000%	Quarterly	Dec 2028	$42,332	$5,798	$48,130
BOA	Anglo American Capital PLC	1.099%	260,000	EUR	285,675	5.000%	Quarterly	Dec 2028	42,128	6,002	48,130
GSI	CMBX.NA.BBB-.14	6.917%	25,000	USD	25,000	3.000%	Monthly	Dec 2072	(4,088)	(271)	(4,359)
					$595,544				$80,372	$11,529	$91,901
Centrally cleared	CDX.NA.HY.41	3.108%	277,200	USD	277,200	5.000%	Quarterly	Dec 2028	8,785	12,173	20,958
					$277,200				$8,785	$12,173	$20,958
					$872,744				$89,157	$23,702	$112,859

Total return swaps
Pay/ receive total return*	Reference entity	Floating/ fixed rate	Payment frequency	Currency	Notional amount	Maturity date	Counterparty (OTC)	Unamortized upfront payment paid (received)	Unrealized appreciation (depreciation)	Value
Pay	iBoxx $ Liquid Leveraged Loan Index	1-Day USD Compounded SOFR	At Maturity	USD	1,375,000	Jun 2024	GSI	—	$(55,951)	$(55,951)
Pay	iBoxx $ Liquid High Yield Index	1-Day USD Compounded SOFR	At Maturity	USD	3,450,000	Jun 2024	JPM	—	(143,291)	(143,291)
Pay	iBoxx $ Liquid Investment Grade Index	1-Day USD Compounded SOFR	At Maturity	USD	1,780,000	Jun 2024	JPM	—	(47,657)	(47,657)
Pay	iBoxx $ Liquid Investment Grade Index	1-Day USD Compounded SOFR	At Maturity	USD	1,995,000	Sep 2024	JPM	—	4,371	4,371
Pay	iBoxx $ Liquid High Yield Index	1-Day USD Compounded SOFR	At Maturity	USD	6,110,000	Jun 2024	MSI	—	(258,890)	(258,890)
Pay	iBoxx $ Liquid High Yield Index	1-Day USD Compounded SOFR	At Maturity	USD	1,420,000	Jun 2024	MSI	—	(31,051)	(31,051)
Pay	iBoxx $ Liquid Leveraged Loan Index	1-Day USD Compounded SOFR	At Maturity	USD	1,225,000	Jun 2024	MSI	—	(49,847)	(49,847)
Pay	iBoxx $ Liquid High Yield Index	1-Day USD Compounded SOFR	At Maturity	USD	4,300,000	Dec 2024	MSI	—	(1,844)	(1,844)
								—	$(584,160)	$(584,160)

* Fund will pay or receive the total return of the reference asset depending on whether the return is positive or negative. For contracts where the fund has elected to receive the total return of the reference asset if positive, it will be responsible for paying the floating rate and the total return of the reference asset if negative. If the fund has elected to pay the total return of the reference asset if positive, it will receive the floating rate and the total return of the reference asset if negative. The total return of the reference asset is paid out at maturity while the floating rate is paid on a quarterly basis until maturity.

Inflation swaps
Counterparty (OTC)/ Centrally cleared	Notional amount	Currency	USD notional amount	Payments made	Payments received	Fixed payment frequency	Floating payment frequency	Maturity date	Unamortized upfront payment paid (received)	Unrealized appreciation (depreciation)	Value
BARC	2,970,000	USD	$2,970,000	Fixed 3.243%	USA CPI All Urban Consumers	At Maturity	At Maturity	Apr 2027	—	$8,509	$8,509

181

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Opportunistic Fixed Income Trust (continued)

Inflation swaps (continued)
Counterparty (OTC)/ Centrally cleared	Notional amount	Currency	USD notional amount	Payments made	Payments received	Fixed payment frequency	Floating payment frequency	Maturity date	Unamortized upfront payment paid (received)	Unrealized appreciation (depreciation)	Value
BARC	2,990,000	USD	$2,990,000	Fixed 3.243%	USA CPI All Urban Consumers	At Maturity	At Maturity	Apr 2027	—	$8,566	$8,566
BARC	5,640,000	USD	5,640,000	Fixed 3.147%	USA CPI All Urban Consumers	At Maturity	At Maturity	Apr 2027	—	43,042	43,042
BOA	500,000	USD	500,000	Fixed 1.635%	USA CPI All Urban Consumers	At Maturity	At Maturity	Feb 2050	—	126,415	126,415
CITI	440,000	USD	440,000	Fixed 3.257%	USA CPI All Urban Consumers	At Maturity	At Maturity	Apr 2027	$(36)	977	941
CITI	780,000	USD	780,000	Fixed 2.578%	USA CPI All Urban Consumers	At Maturity	At Maturity	Feb 2051	—	43,514	43,514
JPM	1,700,000	USD	1,700,000	Fixed 1.830%	USA CPI All Urban Consumers	At Maturity	At Maturity	Feb 2050	(38,177)	402,935	364,758
			$15,020,000						$(38,213)	$633,958	$595,745

Derivatives Currency Abbreviations
AUD	Australian Dollar
BRL	Brazilian Real
CAD	Canadian Dollar
CHF	Swiss Franc
CLP	Chilean Peso
CNY	Chinese Yuan Renminbi
COP	Colombian Peso
CZK	Czech Republic Koruna
EUR	Euro
GBP	Pound Sterling
HKD	Hong Kong Dollar
HUF	Hungarian Forint
IDR	Indonesian Rupiah
ILS	Israeli New Shekel
INR	Indian Rupee
JPY	Japanese Yen
KRW	Korean Won
KZT	Kazakhstan Tenge
MXN	Mexican Peso
MYR	Malaysian Ringgit
NOK	Norwegian Krone
NZD	New Zealand Dollar
PEN	Peruvian Nuevo Sol
PHP	Philippine Peso
PLN	Polish Zloty
RON	Romanian New Leu
SEK	Swedish Krona
SGD	Singapore Dollar
THB	Thai Bhat
TRY	Turkish Lira
USD	U.S. Dollar
UYU	Uruguayan Peso
ZAR	South African Rand

182

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Opportunistic Fixed Income Trust (continued)

Derivatives Abbreviations
BARC	Barclays Bank PLC
BBR	Bank Bill Rate
BBSW	Bank Bill Swap Rate
BOA	Bank of America, N.A.
CITI	Citibank, N.A.
CNREPOFIX	China Fixing Repo Rate
CORRA	Canadian Overnight Repo Rate Average
CPI	Consumer Price Index
DB	Deutsche Bank AG
FRA	Forward Rate Agreement
GSI	Goldman Sachs International
HSBC	HSBC Bank PLC
JPM	JPMorgan Chase Bank, N.A.
KSDA	Korea Securities Dealers Association
MSI	Morgan Stanley & Co. International PLC
NIBOR	Norwegian Interbank Offered Rate
OIS	Overnight Index Swap
OTC	Over-the-counter
SCB	Standard Chartered Bank
SOFR	Secured Overnight Financing Rate
SSB	State Street Bank and Trust Company
TIIE	Tasa de Interes Interbancario de Equilibrio (Interbank Equilibrium Interest Rate)

Real Estate Securities Trust

	Shares or Principal Amount	Value
COMMON STOCKS – 98.5%
Consumer discretionary – 3.4%
Hotels, restaurants and leisure – 2.6%
Hyatt Hotels Corp., Class A	22,255	$	3,552,343
Marriott International, Inc., Class A	16,552		4,176,235
			7,728,578
Household durables – 0.8%
D.R. Horton, Inc.	14,616		2,405,063
			10,133,641
Health care – 1.2%
Health care providers and services – 1.2%
Brookdale Senior Living, Inc. (A)	516,105		3,411,454
Industrials – 1.3%
Construction and engineering – 1.3%
WillScot Mobile Mini Holdings Corp. (A)	80,648		3,750,132
Real estate – 92.6%
Diversified REITs – 5.3%
Empire State Realty Trust, Inc., Class A	797,192		8,075,555
Essential Properties Realty Trust, Inc.	278,070		7,413,346
			15,488,901
Health care REITs – 10.0%
American Healthcare REIT, Inc.	361,014		5,324,957
CareTrust REIT, Inc.	298,796		7,281,659
Welltower, Inc.	180,169		16,834,991
			29,441,607
Hotel and resort REITs – 2.3%
Ryman Hospitality Properties, Inc.	59,029		6,824,343
Industrial REITs – 15.0%
EastGroup Properties, Inc.	22,598		4,062,442
Plymouth Industrial REIT, Inc.	247,047		5,558,558
Prologis, Inc.	265,102		34,521,582
			44,142,582
Office REITs – 4.1%
Kilroy Realty Corp.	120,287		4,382,055

Real Estate Securities Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Office REITs (continued)
SL Green Realty Corp.	139,352	$	7,682,476
			12,064,531
Real estate management and development – 3.3%
CBRE Group, Inc., Class A (A)	49,376		4,801,324
Corp. Inmobiliaria Vesta SAB de CV, ADR	126,459		4,962,251
			9,763,575
Residential REITs – 15.3%
American Homes 4 Rent, Class A	242,595		8,922,644
AvalonBay Communities, Inc.	76,748		14,241,359
Essex Property Trust, Inc.	57,568		14,093,222
Sun Communities, Inc.	37,472		4,818,150
Veris Residential, Inc.	196,264		2,985,175
			45,060,550
Retail REITs – 14.1%
Acadia Realty Trust	243,063		4,134,502
Brixmor Property Group, Inc.	197,437		4,629,898
NETSTREIT Corp.	185,768		3,412,558
Phillips Edison & Company, Inc.	123,866		4,443,073
Simon Property Group, Inc.	105,776		16,552,886
Tanger, Inc.	203,710		6,015,556
The Macerich Company	129,444		2,230,320
			41,418,793
Specialized REITs – 23.2%
American Tower Corp.	14,161		2,798,072
CubeSmart	174,738		7,901,652
Digital Realty Trust, Inc.	73,000		10,514,920
Equinix, Inc.	30,643		25,290,587
Extra Space Storage, Inc.	55,233		8,119,251
Iron Mountain, Inc.	82,326		6,603,368
Lamar Advertising Company, Class A	34,691		4,142,452

 

183

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Real Estate Securities Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Specialized REITs (continued)
VICI Properties, Inc.	101,259	$	3,016,506
			68,386,808
			272,591,690
TOTAL COMMON STOCKS (Cost $257,653,316)		$	289,886,917
SHORT-TERM INVESTMENTS – 1.0%
Short-term funds – 1.0%
State Street Institutional U.S. Government Money Market Fund, Premier Class, 5.2417% (B)	2,915,911		2,915,911
TOTAL SHORT-TERM INVESTMENTS (Cost $2,915,911)		$	2,915,911
Total Investments (Real Estate Securities Trust) (Cost $260,569,227) – 99.5%		$	292,802,828
Other assets and liabilities, net – 0.5%			1,514,245
TOTAL NET ASSETS – 100.0%		$	294,317,073

Security Abbreviations and Legend
ADR	American Depositary Receipt
(A)	Non-income producing security.
(B)	The rate shown is the annualized seven-day yield as of 3-31-24.

Science & Technology Trust

	Shares or Principal Amount	Value
COMMON STOCKS – 99.4%
Communication services – 14.1%
Entertainment – 1.6%
Netflix, Inc. (A)	17,774	$	10,794,683
Spotify Technology SA (A)	24,702		6,518,858
			17,313,541
Interactive media and services – 12.3%
Alphabet, Inc., Class A (A)	305,309		46,080,287
Alphabet, Inc., Class C (A)	81,449		12,401,425
Meta Platforms, Inc., Class A	138,489		67,247,489
Pinterest, Inc., Class A (A)	40,546		1,405,730
Reddit, Inc. Class A (A)(B)	21,002		1,035,819
TripAdvisor, Inc. (A)	43,500		1,208,865
			129,379,615
Wireless telecommunication services – 0.2%
T-Mobile US, Inc.	13,121		2,141,610
			148,834,766
Consumer discretionary – 2.6%
Automobiles – 0.1%
Tesla, Inc. (A)	3,200		562,528
Broadline retail – 0.8%
Amazon.com, Inc. (A)	34,500		6,223,110
MercadoLibre, Inc. (A)	1,400		2,116,744
			8,339,854
Diversified consumer services – 0.2%
Duolingo, Inc. (A)	9,900		2,183,742
Hotels, restaurants and leisure – 1.5%
Airbnb, Inc., Class A (A)	56,458		9,313,312
DoorDash, Inc., Class A (A)	47,760		6,577,507
			15,890,819
Specialty retail – 0.0%
Carvana Company (A)	3,039		267,158
			27,244,101

Science & Technology Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Financials – 0.6%
Capital markets – 0.1%
Coinbase Global, Inc., Class A (A)	5,966	$	1,581,706
Financial services – 0.5%
Adyen NV (A)(C)	3,023		5,106,259
			6,687,965
Industrials – 1.1%
Aerospace and defense – 0.0%
Axon Enterprise, Inc. (A)	1,900		594,472
Electrical equipment – 0.2%
Vertiv Holdings Company, Class A	26,370		2,153,638
Ground transportation – 0.9%
Lyft, Inc., Class A (A)	118,359		2,290,247
Uber Technologies, Inc. (A)	90,165		6,941,803
			9,232,050
			11,980,160
Information technology – 81.0%
Communications equipment – 2.8%
Arista Networks, Inc. (A)	27,446		7,958,791
Ciena Corp. (A)	78,800		3,896,660
Cisco Systems, Inc.	267,600		13,355,916
Motorola Solutions, Inc.	12,500		4,437,250
			29,648,617
Electronic equipment, instruments and components – 2.7%
Amphenol Corp., Class A	64,503		7,440,421
CDW Corp.	20,000		5,115,600
Celestica, Inc. (New York Stock Exchange) (A)	125,246		5,628,555
Coherent Corp. (A)	30,753		1,864,247
Corning, Inc.	154,920		5,106,163
Fabrinet (A)	700		132,314
Insight Enterprises, Inc. (A)	1,900		352,488
Keysight Technologies, Inc. (A)	8,841		1,382,556
Zebra Technologies Corp., Class A (A)	5,900		1,778,496
			28,800,840
IT services – 5.6%
Accenture PLC, Class A	23,365		8,098,543
Cloudflare, Inc., Class A (A)	11,700		1,132,911
Gartner, Inc. (A)	11,687		5,570,842
GoDaddy, Inc., Class A (A)	73,173		8,684,172
IBM Corp.	150,594		28,757,430
MongoDB, Inc. (A)	2,991		1,072,692
Shopify, Inc., Class A (A)	72,155		5,568,201
			58,884,791
Semiconductors and semiconductor equipment – 30.9%
Advanced Micro Devices, Inc. (A)	89,326		16,122,450
Analog Devices, Inc.	34,200		6,764,418
ARM Holdings PLC, ADR (A)(B)	29,246		3,655,458
Astera Labs, Inc.  (A)	12,773		947,629
Broadcom, Inc.	38,895		51,551,822
Disco Corp.	6,200		2,266,307
Enphase Energy, Inc. (A)	4,515		546,225
Entegris, Inc.	60,598		8,516,443
KLA Corp.	19,472		13,602,555
Lam Research Corp.	38,359		37,268,454
Lattice Semiconductor Corp. (A)	10,890		851,925
Micron Technology, Inc.	147,187		17,351,875
MKS Instruments, Inc.	19,331		2,571,023
Monolithic Power Systems, Inc.	13,193		8,937,202
NVIDIA Corp.	140,739		127,166,129
NXP Semiconductors NV	4,500		1,114,965
ON Semiconductor Corp. (A)	28,900		2,125,595
Onto Innovation, Inc. (A)	6,300		1,140,804

 

184

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Science & Technology Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Semiconductors and semiconductor equipment (continued)
Qualcomm, Inc.	97,738	$	16,547,043
SK Hynix, Inc.	23,311		3,088,132
Taiwan Semiconductor Manufacturing Company, Ltd., ADR	30,276		4,119,050
			326,255,504
Software – 32.6%
Adobe, Inc. (A)	23,528		11,872,229
AppLovin Corp., Class A (A)	20,150		1,394,783
Atlassian Corp., Class A (A)	13,946		2,721,004
Autodesk, Inc. (A)	78,231		20,372,917
Cadence Design Systems, Inc. (A)	74,874		23,306,779
Confluent, Inc., Class A (A)	15,480		472,450
Crowdstrike Holdings, Inc., Class A (A)	668		214,154
Datadog, Inc., Class A (A)	11,864		1,466,390
Elastic NV (A)	6,900		691,656
Fair Isaac Corp. (A)	15,036		18,789,136
Fortinet, Inc. (A)	51,320		3,505,669
HubSpot, Inc. (A)	1,958		1,226,804
Intuit, Inc.	8,134		5,287,100
Manhattan Associates, Inc. (A)	3,280		820,754
Microsoft Corp.	172,040		72,380,669
MicroStrategy, Inc., Class A (A)(B)	2,800		4,772,768
Nutanix, Inc., Class A (A)	281,917		17,399,917
Oracle Corp.	83,700		10,513,557
Palantir Technologies, Inc., Class A (A)	132,169		3,041,209
Palo Alto Networks, Inc. (A)	33,987		9,656,726
Pegasystems, Inc.	7,697		497,534
PTC, Inc. (A)	26,807		5,064,915
Salesforce, Inc.	117,315		35,332,932
Samsara, Inc., Class A (A)	174,917		6,610,113
ServiceNow, Inc. (A)	51,253		39,075,287
Synopsys, Inc. (A)	77,749		44,433,554
Workday, Inc., Class A (A)	11,365		3,099,804
			344,020,810
Technology hardware, storage and peripherals – 6.4%
Apple, Inc.	307,003		52,644,874
Dell Technologies, Inc., Class C	58,519		6,677,603
Hewlett Packard Enterprise Company	30,900		547,857
NetApp, Inc.	10,351		1,086,544
Super Micro Computer, Inc. (A)	3,400		3,434,102
Western Digital Corp. (A)	43,490		2,967,758
			67,358,738
			854,969,300
TOTAL COMMON STOCKS (Cost $876,402,290)		$	1,049,716,292
SHORT-TERM INVESTMENTS – 1.4%
Short-term funds – 1.4%
John Hancock Collateral Trust, 5.2975% (D)(E)	736,435		7,362,431
State Street Institutional U.S. Government Money Market Fund, Premier Class, 5.2417% (D)	502,994		502,994
T. Rowe Price Government Reserve Fund, 5.3578% (D)	6,661,291		6,661,291
TOTAL SHORT-TERM INVESTMENTS (Cost $14,528,588)		$	14,526,716
Total Investments (Science & Technology Trust) (Cost $890,930,878) – 100.8%		$	1,064,243,008
Other assets and liabilities, net – (0.8%)			(7,963,154)
TOTAL NET ASSETS – 100.0%		$	1,056,279,854

Security Abbreviations and Legend
ADR	American Depositary Receipt
(A)	Non-income producing security.

Science & Technology Trust (continued)

(B)	All or a portion of this security is on loan as of 3-31-24. The value of securities on loan amounted to $7,213,943.
(C)	These securities are exempt from registration under Rule 144A of the Securities Act of 1933. Such securities may be resold, normally to qualified institutional buyers, in transactions exempt from registration.
(D)	The rate shown is the annualized seven-day yield as of 3-31-24.
(E)	Investment is an affiliate of the fund, the advisor and/or subadvisor. This security represents the investment of cash collateral received for securities lending.

Select Bond Trust

		Shares or Principal Amount	Value
U.S. GOVERNMENT AND AGENCY OBLIGATIONS – 55.2%
U.S. Government – 18.6%
U.S. Treasury Bonds
2.250%, 02/15/2052	$	31,952,000	$	21,017,177
2.500%, 02/15/2045		83,239,000		60,865,267
3.000%, 08/15/2052		37,099,000		28,816,938
3.375%, 08/15/2042 to 11/15/2048		48,236,000		40,766,471
4.000%, 11/15/2042		216,141,000		203,594,689
4.500%, 02/15/2044		70,445,000		70,830,246
4.750%, 11/15/2043 to 11/15/2053		289,313,000		305,234,820
U.S. Treasury Notes
4.000%, 01/31/2031 to 02/15/2034		175,057,000		172,574,780
4.250%, 02/28/2029 to 02/28/2031		215,841,000		216,182,376
				1,119,882,764
U.S. Government Agency – 36.6%
Federal Home Loan Mortgage Corp.
2.000%, 06/01/2036 to 03/01/2052		72,588,470		59,607,082
2.500%, 08/01/2051 to 12/01/2051		36,353,094		30,500,458
3.000%, 03/01/2043 to 02/01/2052		97,048,667		85,500,288
3.500%, 04/01/2044 to 07/01/2052		122,469,093		111,244,714
4.000%, 08/01/2037 to 04/01/2053		163,938,248		154,205,459
4.500%, 12/01/2037 to 04/01/2053		101,381,829		98,038,719
5.000%, 09/01/2052 to 10/01/2053		160,517,877		157,498,271
5.500%, 09/01/2052 to 07/01/2053		46,889,860		47,133,793
Federal National Mortgage Association
2.000%, 06/01/2036 to 02/01/2052		110,040,577		93,272,327
2.500%, 08/01/2035 to 03/01/2052		223,344,470		190,209,313
3.000%, 03/01/2033 to 02/01/2052		209,916,944		185,044,395
3.500%, 06/01/2042 to 08/01/2052		159,995,038		146,224,198
4.000%, 09/01/2037 to 09/01/2052		362,261,230		342,090,581
4.500%, 11/01/2037 to 05/01/2053		258,439,599		248,899,694
5.000%, 09/01/2052 to 06/01/2053		178,317,570		174,980,740
5.500%, 10/01/2052 to 12/01/2052		71,593,065		71,984,437
				2,196,434,469
TOTAL U.S. GOVERNMENT AND AGENCY OBLIGATIONS (Cost $3,503,552,098)			$	3,316,317,233
CORPORATE BONDS – 31.5%
Communication services – 1.4%
Charter Communications Operating LLC
4.200%, 03/15/2028		12,055,000		11,362,184
5.750%, 04/01/2048		11,676,000		9,832,413
6.384%, 10/23/2035		8,707,000		8,604,938
Netflix, Inc. 4.875%, 06/15/2030 (A)		9,050,000		8,986,686
T-Mobile USA, Inc.
3.375%, 04/15/2029		6,061,000		5,605,398
3.875%, 04/15/2030		20,308,000		19,024,178
WarnerMedia Holdings, Inc.
4.279%, 03/15/2032		5,570,000		4,975,339
5.050%, 03/15/2042		1,660,000		1,426,759

 

185

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Select Bond Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Communication services (continued)
WarnerMedia Holdings, Inc. (continued)
5.141%, 03/15/2052	$	15,923,000	$	13,216,050
				83,033,945
Consumer discretionary – 1.9%
AutoNation, Inc. 4.750%, 06/01/2030		6,447,000		6,190,225
Booking Holdings, Inc. 4.625%, 04/13/2030		5,795,000		5,723,453
Brunswick Corp. 5.850%, 03/18/2029		2,438,000		2,464,477
Expedia Group, Inc. 3.800%, 02/15/2028		13,294,000		12,645,801
Ford Motor Company
3.250%, 02/12/2032		8,330,000		6,928,939
6.100%, 08/19/2032 (B)		6,095,000		6,176,156
Ford Motor Credit Company LLC
4.000%, 11/13/2030		14,422,000		12,876,719
6.800%, 05/12/2028		8,558,000		8,890,809
7.122%, 11/07/2033		4,651,000		5,004,063
General Motors Financial Company, Inc. 2.400%, 10/15/2028		15,854,000		14,030,935
Hyundai Capital America
2.375%, 10/15/2027 (A)		2,708,000		2,455,075
5.400%, 01/08/2031 (A)		7,846,000		7,877,161
5.680%, 06/26/2028 (A)		5,876,000		5,957,019
Nissan Motor Acceptance Company LLC
1.850%, 09/16/2026 (A)		6,534,000		5,912,331
2.000%, 03/09/2026 (A)		3,856,000		3,570,612
Tapestry, Inc.
7.700%, 11/27/2030		3,446,000		3,674,862
7.850%, 11/27/2033		2,757,000		2,992,135
				113,370,772
Consumer staples – 0.6%
Bimbo Bakeries USA, Inc. 6.050%, 01/15/2029 (A)		4,713,000		4,876,631
JBS USA LUX SA
3.625%, 01/15/2032		5,127,000		4,386,841
5.750%, 04/01/2033		9,181,000		9,044,863
Kraft Heinz Foods Company
4.375%, 06/01/2046		12,433,000		10,500,220
5.000%, 06/04/2042		3,892,000		3,652,061
Pilgrim's Pride Corp. 6.250%, 07/01/2033		3,954,000		4,040,541
				36,501,157
Energy – 4.0%
Aker BP ASA
3.100%, 07/15/2031 (A)		3,211,000		2,744,243
3.750%, 01/15/2030 (A)		2,039,000		1,863,242
4.000%, 01/15/2031 (A)		9,819,000		8,968,604
Cheniere Energy Partners LP
3.250%, 01/31/2032		14,081,000		11,994,682
4.500%, 10/01/2029		3,497,000		3,328,259
Cheniere Energy, Inc. 5.650%, 04/15/2034 (A)		2,748,000		2,767,623
Columbia Pipelines Holding Company LLC 5.681%, 01/15/2034 (A)		4,484,000		4,454,382
Columbia Pipelines Operating Company LLC
5.927%, 08/15/2030 (A)		2,291,000		2,350,500
6.036%, 11/15/2033 (A)		7,180,000		7,438,803
Continental Resources, Inc.
2.875%, 04/01/2032 (A)		4,260,000		3,471,867
4.900%, 06/01/2044		4,244,000		3,527,240

Select Bond Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Energy (continued)
Continental Resources, Inc. (continued)
5.750%, 01/15/2031 (A)	$	6,227,000	$	6,189,909
Enbridge, Inc.
5.750%, (5.750% to 7-15-30, then 5 Year CMT + 5.314% to 7-15-50, then 5 Year CMT + 6.064%), 07/15/2080		7,510,000		7,107,450
6.250%, (6.250% to 3-1-28, then 3 month CME Term SOFR + 3.903% to 3-1-48, then 3 month CME Term SOFR + 4.653%), 03/01/2078		8,767,000		8,532,755
8.500%, (8.500% to 1-15-34, then 5 Year CMT + 4.431% to 1-15-54, then 5 Year CMT + 5.181%), 01/15/2084		3,720,000		4,041,910
Energy Transfer LP
4.200%, 04/15/2027		4,899,000		4,763,415
5.150%, 03/15/2045		4,125,000		3,748,114
5.250%, 04/15/2029		16,595,000		16,613,341
5.400%, 10/01/2047		8,136,000		7,508,452
5.500%, 06/01/2027		5,267,000		5,299,602
Enterprise Products Operating LLC 5.250%, (5.250% to 8-16-27, then 3 month CME Term SOFR + 3.295%), 08/16/2077		11,320,000		10,741,616
Kinder Morgan Energy Partners LP 7.750%, 03/15/2032		3,697,000		4,186,056
MPLX LP
4.250%, 12/01/2027		4,887,000		4,752,850
4.950%, 09/01/2032		3,979,000		3,865,164
5.000%, 03/01/2033		4,017,000		3,899,505
Occidental Petroleum Corp.
6.450%, 09/15/2036		9,319,000		9,936,524
6.625%, 09/01/2030		3,170,000		3,359,249
ONEOK, Inc.
5.650%, 11/01/2028		2,845,000		2,908,171
6.050%, 09/01/2033		6,183,000		6,448,584
6.625%, 09/01/2053		6,815,000		7,510,829
Ovintiv, Inc.
5.650%, 05/15/2028		2,243,000		2,280,086
6.250%, 07/15/2033		2,249,000		2,338,279
7.200%, 11/01/2031		1,177,000		1,275,941
Sabine Pass Liquefaction LLC
4.200%, 03/15/2028		4,128,000		3,996,842
4.500%, 05/15/2030		12,438,000		11,961,766
5.000%, 03/15/2027		6,022,000		6,004,390
Targa Resources Corp.
4.950%, 04/15/2052		6,464,000		5,663,352
6.150%, 03/01/2029		5,670,000		5,909,319
Targa Resources Partners LP 4.000%, 01/15/2032		4,769,000		4,292,503
The Williams Companies, Inc. 4.650%, 08/15/2032		3,423,000		3,298,795
Var Energi ASA
7.500%, 01/15/2028 (A)		1,397,000		1,477,573
8.000%, 11/15/2032 (A)		12,131,000		13,578,956
Western Midstream Operating LP 4.050%, 02/01/2030		6,184,000		5,769,836
				242,170,579
Financials – 11.0%
Ally Financial, Inc. 6.992%, (6.992% to 6-13-28, then Overnight SOFR + 3.260%), 06/13/2029		5,910,000		6,126,988

 

186

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Select Bond Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Financials (continued)
Apollo Debt Solutions BDC 6.900%, 04/13/2029 (A)	$	2,718,000	$	2,743,797
Ares Capital Corp.
2.150%, 07/15/2026		10,912,000		10,048,095
2.875%, 06/15/2028		6,780,000		6,042,775
3.250%, 07/15/2025		3,689,000		3,563,623
5.875%, 03/01/2029		4,172,000		4,159,522
Athene Holding, Ltd. 3.500%, 01/15/2031		13,028,000		11,448,320
Banco Santander SA 4.379%, 04/12/2028		5,040,000		4,878,008
Bank of America Corp.
2.087%, (2.087% to 6-14-28, then Overnight SOFR + 1.060%), 06/14/2029		11,760,000		10,392,059
2.592%, (2.592% to 4-29-30, then Overnight SOFR + 2.150%), 04/29/2031		10,542,000		9,088,757
2.687%, (2.687% to 4-22-31, then Overnight SOFR + 1.320%), 04/22/2032		17,919,000		15,167,541
3.846%, (3.846% to 3-8-32, then 5 Year CMT + 2.000%), 03/08/2037		8,914,000		7,880,575
3.970%, (3.970% to 3-5-28, then 3 month CME Term SOFR + 1.332%), 03/05/2029		7,807,000		7,462,623
4.271%, (4.271% to 7-23-28, then 3 month CME Term SOFR + 1.572%), 07/23/2029		13,117,000		12,643,681
Bank of Montreal 7.700%, (7.700% to 5-26-29, then 5 Year CMT + 3.452%), 05/26/2084		8,422,000		8,520,967
Barclays PLC 5.690%, (5.690% to 3-12-29, then Overnight SOFR + 1.740%), 03/12/2030		17,384,000		17,474,501
Blackstone Private Credit Fund
3.250%, 03/15/2027		1,690,000		1,559,742
4.000%, 01/15/2029		6,622,000		6,075,637
7.300%, 11/27/2028 (A)		5,251,000		5,474,696
BNP Paribas SA
5.497%, (5.497% to 5-20-29, then Overnight SOFR + 1.590%), 05/20/2030 (A)		5,173,000		5,184,307
9.250%, (9.250% to 11-17-27, then 5 Year CMT + 4.969%), 11/17/2027 (A)(C)		2,997,000		3,215,841
BPCE SA 5.716%, (5.716% to 1-18-29, then 1 Year CMT + 1.959%), 01/18/2030 (A)		4,987,000		5,011,645
Cantor Fitzgerald LP 7.200%, 12/12/2028 (A)		11,195,000		11,581,458
Citigroup, Inc.
2.561%, (2.561% to 5-1-31, then Overnight SOFR + 1.167%), 05/01/2032		5,665,000		4,724,634
4.600%, 03/09/2026		4,917,000		4,838,994
5.174%, (5.174% to 2-13-29, then Overnight SOFR + 1.364%), 02/13/2030		4,017,000		3,998,256
6.174%, (6.174% to 5-25-33, then Overnight SOFR + 2.661%), 05/25/2034		7,532,000		7,648,663
Citizens Financial Group, Inc. 3.250%, 04/30/2030		9,801,000		8,632,834

Select Bond Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Financials (continued)
CNA Financial Corp. 2.050%, 08/15/2030	$	2,944,000	$	2,460,803
CNO Financial Group, Inc. 5.250%, 05/30/2029		8,650,000		8,426,926
Comerica, Inc. 5.982%, (5.982% to 1-30-29, then Overnight SOFR + 2.155%), 01/30/2030		3,900,000		3,853,102
Corebridge Financial, Inc. 6.875%, (6.875% to 12-15-27, then 5 Year CMT + 3.846%), 12/15/2052		1,743,000		1,745,089
Credit Agricole SA
3.250%, 01/14/2030 (A)		11,547,000		10,249,328
6.316%, (6.316% to 10-3-28, then Overnight SOFR + 1.860%), 10/03/2029 (A)		7,198,000		7,462,315
Deutsche Bank AG
2.552%, (2.552% to 1-7-27, then Overnight SOFR + 1.318%), 01/07/2028		10,197,000		9,362,678
6.819%, (6.819% to 11-20-28, then Overnight SOFR + 2.510%), 11/20/2029		4,359,000		4,556,913
Discover Financial Services
4.100%, 02/09/2027		3,143,000		3,032,242
6.700%, 11/29/2032		7,827,000		8,273,492
Fifth Third Bancorp 6.339%, (6.339% to 7-27-28, then Overnight SOFR + 2.340%), 07/27/2029		6,330,000		6,525,413
Huntington Bancshares, Inc. 6.208%, (6.208% to 8-21-28, then Overnight SOFR + 2.020%), 08/21/2029		4,260,000		4,360,161
ING Groep NV
5.335%, (5.335% to 3-19-29, then Overnight SOFR + 1.440%), 03/19/2030		3,270,000		3,262,009
6.114%, (6.114% to 9-11-33, then Overnight SOFR + 2.090%), 09/11/2034		3,038,000		3,154,183
Jefferies Financial Group, Inc. 5.875%, 07/21/2028		5,365,000		5,461,466
JPMorgan Chase & Co.
2.522%, (2.522% to 4-22-30, then Overnight SOFR + 2.040%), 04/22/2031		11,243,000		9,717,112
2.956%, (2.956% to 5-13-30, then 3 month CME Term SOFR + 2.515%), 05/13/2031		11,196,000		9,787,070
4.452%, (4.452% to 12-5-28, then 3 month CME Term SOFR + 1.592%), 12/05/2029		2,948,000		2,873,885
4.600%, (4.600% to 2-1-25, then 3 month CME Term SOFR + 3.125%), 02/01/2025 (C)		7,030,000		6,911,289
5.012%, (5.012% to 1-23-29, then Overnight SOFR + 1.310%), 01/23/2030		6,770,000		6,742,270
Lazard Group LLC
4.375%, 03/11/2029		4,640,000		4,448,114
6.000%, 03/15/2031		3,245,000		3,275,824

 

187

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Select Bond Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Financials (continued)
M&T Bank Corp. 5.125%, (5.125% to 11-1-26, then 3 month CME Term SOFR + 3.782%), 11/01/2026 (C)	$	3,746,000	$	3,315,997
Macquarie Bank, Ltd. 3.624%, 06/03/2030 (A)		5,613,000		4,984,411
MetLife, Inc. 6.400%, (6.400% to 12-15-36, then 3 month CME Term SOFR + 2.467%), 12/15/2036		5,277,000		5,403,453
Morgan Stanley
2.239%, (2.239% to 7-21-31, then Overnight SOFR + 1.178%), 07/21/2032		4,486,000		3,664,555
2.484%, (2.484% to 9-16-31, then Overnight SOFR + 1.360%), 09/16/2036		11,122,000		8,796,217
5.164%, (5.164% to 4-20-28, then Overnight SOFR + 1.590%), 04/20/2029		4,854,000		4,850,082
5.173%, (5.173% to 1-16-29, then Overnight SOFR + 1.450%), 01/16/2030		6,963,000		6,968,897
National Rural Utilities Cooperative Finance Corp.
4.850%, 02/07/2029		6,569,000		6,563,288
5.600%, 11/13/2026		5,314,000		5,383,945
NatWest Group PLC 3.754%, (3.754% to 11-1-24, then 5 Year CMT + 2.100%), 11/01/2029		3,137,000		3,083,729
NatWest Markets PLC 1.600%, 09/29/2026 (A)		8,148,000		7,449,719
Radian Group, Inc. 6.200%, 05/15/2029		8,957,000		9,089,890
Santander Holdings USA, Inc.
2.490%, (2.490% to 1-6-27, then Overnight SOFR + 1.249%), 01/06/2028		4,803,000		4,365,023
3.244%, 10/05/2026		13,364,000		12,625,278
3.450%, 06/02/2025		8,436,000		8,200,328
4.400%, 07/13/2027		2,484,000		2,409,507
SBL Holdings, Inc. 5.000%, 02/18/2031 (A)		5,793,000		4,893,481
Societe Generale SA
5.634%, (5.634% to 1-19-29, then 1 Year CMT + 1.750%), 01/19/2030 (A)		2,683,000		2,671,567
6.221%, (6.221% to 6-15-32, then 1 Year CMT + 3.200%), 06/15/2033 (A)		4,310,000		4,318,387
6.446%, (6.446% to 1-10-28, then 1 Year CMT + 2.550%), 01/10/2029 (A)		8,161,000		8,370,581
Teachers Insurance & Annuity Association of America 4.270%, 05/15/2047 (A)		9,222,000		7,644,267
The Bank of New York Mellon Corp. 4.975%, (4.975% to 3-14-29, then Overnight SOFR + 1.085%), 03/14/2030		3,758,000		3,761,234
The Charles Schwab Corp.
5.643%, (5.643% to 5-19-28, then Overnight SOFR + 2.210%), 05/19/2029		6,429,000		6,526,605

Select Bond Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Financials (continued)
The Charles Schwab Corp. (continued)
6.196%, (6.196% to 11-17-28, then Overnight SOFR + 1.878%), 11/17/2029	$	7,054,000	$	7,331,919
The Goldman Sachs Group, Inc.
2.615%, (2.615% to 4-22-31, then Overnight SOFR + 1.281%), 04/22/2032		21,922,000		18,398,079
2.650%, (2.650% to 10-21-31, then Overnight SOFR + 1.264%), 10/21/2032		7,882,000		6,557,990
The PNC Financial Services Group, Inc.
3.400%, (3.400% to 9-15-26, then 5 Year CMT + 2.595%), 09/15/2026 (C)		9,949,000		8,695,822
5.582%, (5.582% to 6-12-28, then Overnight SOFR + 1.841%), 06/12/2029		11,207,000		11,343,507
5.939%, (5.939% to 8-18-33, then Overnight SOFR + 1.946%), 08/18/2034		6,375,000		6,540,821
6.250%, (6.250% to 3-15-30, then 7 Year CMT + 2.808%), 03/15/2030 (C)		4,542,000		4,401,981
8.643%, (3 month CME Term SOFR + 3.302%), 06/01/2024 (C)(D)		3,184,000		3,195,599
Truist Financial Corp.
5.435%, (5.435% to 1-24-29, then Overnight SOFR + 1.620%), 01/24/2030		7,465,000		7,456,292
5.867%, (5.867% to 6-8-33, then Overnight SOFR + 2.361%), 06/08/2034		5,481,000		5,548,202
7.161%, (7.161% to 10-30-28, then Overnight SOFR + 2.446%), 10/30/2029		4,179,000		4,456,490
Trust Fibra Uno 7.375%, 02/13/2034 (A)		6,024,000		6,010,941
U.S. Bancorp
5.384%, (5.384% to 1-23-29, then Overnight SOFR + 1.560%), 01/23/2030		3,956,000		3,973,474
5.836%, (5.836% to 6-10-33, then Overnight SOFR + 2.260%), 06/12/2034		6,311,000		6,432,510
6.787%, (6.787% to 10-26-26, then Overnight SOFR + 1.880%), 10/26/2027		6,971,000		7,218,604
UBS Group AG
5.428%, (5.428% to 2-8-29, then 1 Year CMT + 1.520%), 02/08/2030 (A)		5,435,000		5,443,056
6.301%, (6.301% to 9-22-33, then 1 Year CMT + 2.000%), 09/22/2034 (A)		4,297,000		4,497,940
9.250%, (9.250% to 11-13-28, then 5 Year CMT + 4.745%), 11/13/2028 (A)(C)		3,279,000		3,552,715
9.250%, (9.250% to 11-13-33, then 5 Year CMT + 4.758%), 11/13/2033 (A)(C)		2,445,000		2,759,273
Wells Fargo & Company
2.393%, (2.393% to 6-2-27, then Overnight SOFR + 2.100%), 06/02/2028		17,908,000		16,391,265

 

188

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Select Bond Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Financials (continued)
Wells Fargo & Company (continued)
2.879%, (2.879% to 10-30-29, then 3 month CME Term SOFR + 1.432%), 10/30/2030	$	11,773,000	$	10,407,261
3.350%, (3.350% to 3-2-32, then Overnight SOFR + 1.500%), 03/02/2033		16,621,000		14,420,839
5.198%, (5.198% to 1-23-29, then Overnight SOFR + 1.500%), 01/23/2030		10,308,000		10,286,271
5.875%, (5.875% to 6-15-25, then 9.865% thereafter), 06/15/2025 (C)		17,766,000		17,726,916
				659,918,431
Health care – 2.4%
Amgen, Inc. 5.250%, 03/02/2030 to 03/02/2033		22,052,000		22,331,032
Cencora, Inc. 2.800%, 05/15/2030		7,814,000		6,899,061
Centene Corp. 4.625%, 12/15/2029		13,970,000		13,262,828
CVS Health Corp.
3.750%, 04/01/2030		5,408,000		5,039,298
5.050%, 03/25/2048		4,473,000		4,062,279
5.250%, 01/30/2031		1,445,000		1,455,791
Fresenius Medical Care US Finance III, Inc.
2.375%, 02/16/2031 (A)		12,349,000		9,731,828
3.750%, 06/15/2029 (A)		11,470,000		10,307,485
HCA, Inc. 5.450%, 04/01/2031		4,710,000		4,734,569
IQVIA, Inc. 6.250%, 02/01/2029		3,483,000		3,616,486
Pfizer Investment Enterprises Pte, Ltd. 4.750%, 05/19/2033		6,574,000		6,472,653
Regeneron Pharmaceuticals, Inc. 1.750%, 09/15/2030		10,861,000		8,888,731
Royalty Pharma PLC 1.750%, 09/02/2027		4,117,000		3,676,550
Solventum Corp.
5.400%, 03/01/2029 (A)		5,207,000		5,217,496
5.450%, 03/13/2031 (A)		9,998,000		9,972,157
Thermo Fisher Scientific, Inc. 4.977%, 08/10/2030		3,630,000		3,655,984
Universal Health Services, Inc. 2.650%, 10/15/2030		6,598,000		5,594,752
Viatris, Inc.
2.700%, 06/22/2030		9,804,000		8,312,113
4.000%, 06/22/2050		20,005,000		13,781,833
				147,012,926
Industrials – 3.8%
AerCap Ireland Capital DAC
2.450%, 10/29/2026		24,766,000		22,999,182
3.000%, 10/29/2028		12,158,000		11,000,809
5.100%, 01/19/2029		6,579,000		6,540,141
Air Canada 2013-1 Class A Pass Through Trust 4.125%, 05/15/2025 (A)		1,161,186		1,135,093
Air Canada 2015-2 Class AA Pass Through Trust 3.750%, 12/15/2027 (A)		4,030,478		3,789,681
Air Canada 2017-1 Class B Pass Through Trust 3.700%, 01/15/2026 (A)		1,532,645		1,457,375
Air Lease Corp.
2.100%, 09/01/2028		4,481,000		3,921,608

Select Bond Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Industrials (continued)
Air Lease Corp. (continued)
3.625%, 12/01/2027	$	4,932,000	$	4,652,517
Alaska Airlines 2020-1 Class B Pass Through Trust 8.000%, 08/15/2025 (A)		2,967,548		3,008,153
American Airlines 2014-1 Class A Pass Through Trust 3.700%, 10/01/2026		2,623,835		2,516,858
American Airlines 2016-1 Class A Pass Through Trust 4.100%, 01/15/2028		6,701,716		6,267,509
American Airlines 2016-1 Class AA Pass Through Trust 3.575%, 01/15/2028		5,868,745		5,494,864
American Airlines 2017-1 Class A Pass Through Trust 4.000%, 02/15/2029		4,475,188		4,116,265
American Airlines 2017-1 Class AA Pass Through Trust 3.650%, 02/15/2029		5,144,313		4,853,942
American Airlines 2017-2 Class A Pass Through Trust 3.600%, 10/15/2029		4,013,793		3,634,096
American Airlines 2019-1 Class A Pass Through Trust 3.500%, 02/15/2032		6,723,607		5,845,353
American Airlines 2019-1 Class AA Pass Through Trust 3.150%, 02/15/2032		6,181,772		5,522,810
American Airlines 2021-1 Class A Pass Through Trust 2.875%, 07/11/2034		4,906,800		4,166,460
American Airlines 2021-1 Class B Pass Through Trust 3.950%, 07/11/2030		1,211,865		1,114,798
Ashtead Capital, Inc.
4.250%, 11/01/2029 (A)		2,302,000		2,146,101
5.500%, 08/11/2032 (A)		5,436,000		5,314,528
5.550%, 05/30/2033 (A)		2,706,000		2,661,030
5.800%, 04/15/2034 (A)		3,237,000		3,233,711
5.950%, 10/15/2033 (A)		6,014,000		6,081,171
BAE Systems PLC 5.250%, 03/26/2031 (A)		2,370,000		2,379,713
British Airways 2018-1 Class A Pass Through Trust 4.125%, 09/20/2031 (A)		1,483,342		1,367,841
British Airways 2020-1 Class A Pass Through Trust 4.250%, 11/15/2032 (A)		2,396,907		2,235,183
British Airways 2020-1 Class B Pass Through Trust 8.375%, 11/15/2028 (A)		1,587,080		1,648,952
Concentrix Corp. 6.600%, 08/02/2028		6,971,000		7,049,225
DAE Funding LLC 3.375%, 03/20/2028 (A)		7,806,000		7,186,688
Delta Air Lines, Inc. 4.750%, 10/20/2028 (A)		7,487,678		7,323,376
Huntington Ingalls Industries, Inc. 4.200%, 05/01/2030		3,156,000		2,958,416
Ingersoll Rand, Inc. 5.400%, 08/14/2028		1,332,000		1,349,672
JetBlue 2019-1 Class AA Pass Through Trust 2.750%, 05/15/2032		6,436,353		5,540,462

 

189

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Select Bond Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Industrials (continued)
Owens Corning 3.950%, 08/15/2029	$	8,341,000	$	7,885,561
Regal Rexnord Corp. 6.400%, 04/15/2033 (A)		4,095,000		4,247,031
SMBC Aviation Capital Finance DAC 2.300%, 06/15/2028 (A)		3,894,000		3,442,980
United Airlines 2014-2 Class A Pass Through Trust 3.750%, 09/03/2026		7,996,252		7,745,694
United Airlines 2016-1 Class A Pass Through Trust 3.450%, 07/07/2028		7,418,459		6,729,324
United Airlines 2016-1 Class B Pass Through Trust 3.650%, 01/07/2026		6,161,458		5,862,109
United Airlines 2018-1 Class B Pass Through Trust 4.600%, 03/01/2026		2,418,290		2,333,253
United Airlines 2019-1 Class A Pass Through Trust 4.550%, 08/25/2031		4,289,316		3,938,955
United Airlines 2020-1 Class A Pass Through Trust 5.875%, 10/15/2027		11,269,636		11,231,544
United Airlines 2020-1 Class B Pass Through Trust 4.875%, 01/15/2026		3,315,428		3,262,137
United Airlines 2023-1 Class A Pass Through Trust 5.800%, 01/15/2036		7,169,000		7,289,440
US Airways 2012-2 Class A Pass Through Trust 4.625%, 06/03/2025		1,712,168		1,683,794
				226,165,405
Information technology – 2.3%
Autodesk, Inc. 2.850%, 01/15/2030		3,346,000		2,989,785
Broadcom, Inc.
3.419%, 04/15/2033 (A)		11,115,000		9,635,589
4.750%, 04/15/2029		21,124,000		20,864,141
Dell International LLC
5.300%, 10/01/2029		5,382,000		5,448,060
5.400%, 04/15/2034		10,317,000		10,341,154
Foundry JV Holdco LLC 5.875%, 01/25/2034 (A)		5,347,000		5,355,061
Gartner, Inc. 4.500%, 07/01/2028 (A)		7,293,000		6,947,362
Kyndryl Holdings, Inc. 6.350%, 02/20/2034		899,000		922,789
Marvell Technology, Inc. 5.950%, 09/15/2033		8,941,000		9,265,671
Micron Technology, Inc.
2.703%, 04/15/2032		4,907,000		4,096,479
4.185%, 02/15/2027		5,739,000		5,592,173
5.300%, 01/15/2031		4,002,000		4,025,146
5.327%, 02/06/2029		6,732,000		6,793,204
6.750%, 11/01/2029		11,681,000		12,537,923
Motorola Solutions, Inc.
2.300%, 11/15/2030		8,865,000		7,441,431
2.750%, 05/24/2031		8,602,000		7,289,658
Oracle Corp. 2.950%, 04/01/2030		5,548,000		4,936,876
Qorvo, Inc. 3.375%, 04/01/2031 (A)		3,682,000		3,166,571

Select Bond Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Information technology (continued)
VeriSign, Inc. 2.700%, 06/15/2031	$	4,203,000	$	3,520,016
VMware LLC 4.700%, 05/15/2030		9,327,000		9,079,031
				140,248,120
Materials – 0.3%
Anglo American Capital PLC 4.750%, 04/10/2027 (A)		4,433,000		4,343,869
Freeport-McMoRan, Inc.
4.250%, 03/01/2030		5,211,000		4,939,205
5.450%, 03/15/2043		7,603,000		7,278,879
Newmont Corp. 2.800%, 10/01/2029		2,032,000		1,823,136
OCI NV 6.700%, 03/16/2033 (A)		1,606,000		1,600,646
				19,985,735
Real estate – 1.1%
American Homes 4 Rent LP 4.250%, 02/15/2028		3,147,000		3,020,681
American Tower Corp.
3.800%, 08/15/2029		11,055,000		10,317,204
5.200%, 02/15/2029		5,450,000		5,447,349
American Tower Trust I 5.490%, 03/15/2028 (A)		7,995,000		8,061,751
CoStar Group, Inc. 2.800%, 07/15/2030 (A)		8,616,000		7,344,836
GLP Capital LP
3.250%, 01/15/2032		1,916,000		1,612,942
4.000%, 01/15/2030		2,026,000		1,849,652
Prologis LP 5.125%, 01/15/2034		6,718,000		6,747,115
Prologis Targeted U.S. Logistics Fund LP 5.250%, 04/01/2029 (A)		8,091,000		8,067,799
SBA Tower Trust 6.599%, 01/15/2028 (A)		1,416,000		1,450,616
VICI Properties LP
4.125%, 08/15/2030 (A)		3,412,000		3,102,553
4.625%, 12/01/2029 (A)		4,089,000		3,867,068
5.125%, 05/15/2032		2,800,000		2,678,192
				63,567,758
Utilities – 2.7%
AES Panama Generation Holdings SRL 4.375%, 05/31/2030 (A)		5,845,429		5,070,909
American Electric Power Company, Inc. 5.625%, 03/01/2033		2,475,000		2,512,749
Atlantica Transmision Sur SA 6.875%, 04/30/2043 (A)		2,461,108		2,501,101
Constellation Energy Generation LLC
6.125%, 01/15/2034		2,070,000		2,185,711
6.500%, 10/01/2053		3,530,000		3,882,783
Dominion Energy, Inc. 3.375%, 04/01/2030		5,292,000		4,809,335
Duke Energy Carolinas LLC 4.950%, 01/15/2033		6,133,000		6,099,188
Duke Energy Corp.
2.450%, 06/01/2030		2,272,000		1,956,701
5.750%, 09/15/2033		7,220,000		7,416,746
Emera US Finance LP 3.550%, 06/15/2026		4,668,000		4,480,931
Eversource Energy 5.125%, 05/15/2033		5,667,000		5,552,775
Georgia Power Company 4.950%, 05/17/2033		3,760,000		3,707,263

 

190

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Select Bond Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Utilities (continued)
Indianapolis Power & Light Company 5.650%, 12/01/2032 (A)	$	9,200,000	$	9,353,540
National Grid PLC 5.809%, 06/12/2033		8,795,000		8,984,859
NextEra Energy Capital Holdings, Inc.
2.250%, 06/01/2030		13,461,000		11,461,632
6.700%, (6.700% to 9-1-29, then 5 Year CMT + 2.364%), 09/01/2054		6,061,000		6,091,242
NiSource, Inc.
1.700%, 02/15/2031		2,272,000		1,814,700
3.600%, 05/01/2030		4,887,000		4,501,151
5.250%, 03/30/2028		1,446,000		1,455,941
NRG Energy, Inc.
2.450%, 12/02/2027 (A)		6,241,000		5,609,801
4.450%, 06/15/2029 (A)		5,451,000		5,152,955
7.000%, 03/15/2033 (A)		6,323,000		6,746,995
San Diego Gas & Electric Company 4.950%, 08/15/2028		10,536,000		10,575,520
Sempra 5.500%, 08/01/2033		5,830,000		5,845,613
The Southern Company 5.700%, 03/15/2034		5,353,000		5,520,786
Vistra Operations Company LLC
3.700%, 01/30/2027 (A)		10,864,000		10,322,151
4.300%, 07/15/2029 (A)		10,449,000		9,799,613
6.950%, 10/15/2033 (A)		5,460,000		5,827,797
				159,240,488
TOTAL CORPORATE BONDS (Cost $1,991,454,753)			$	1,891,215,316
MUNICIPAL BONDS – 0.5%
Foothill-Eastern Transportation Corridor Agency (California) 4.094%, 01/15/2049		5,856,000		4,919,373
Golden State Tobacco Securitization Corp. (California) 4.214%, 06/01/2050		4,975,000		3,777,868
Maryland Health & Higher Educational Facilities Authority 3.197%, 07/01/2050		9,725,000		6,939,456
Mississippi Hospital Equipment & Facilities Authority 3.720%, 09/01/2026		6,647,000		6,387,181
Ohio Turnpike & Infrastructure Commission 3.216%, 02/15/2048		2,540,000		1,940,227
Regents of the University of California Medical Center 3.006%, 05/15/2050		9,720,000		6,711,339
State Board of Administration Finance Corp. (Florida) 1.705%, 07/01/2027		3,337,000		3,025,371
TOTAL MUNICIPAL BONDS (Cost $43,162,311)			$	33,700,815
COLLATERALIZED MORTGAGE OBLIGATIONS – 4.2%
Commercial and residential – 3.2%
Angel Oak Mortgage Trust LLC
Series 2020-R1, Class A1, 0.990%, 04/25/2053 (A)(E)		1,899,556		1,738,201
Series 2021-2, Class A1, 0.985%, 04/25/2066 (A)(E)		2,216,097		1,830,966
Series 2021-4, Class A1, 1.035%, 01/20/2065 (A)(E)		5,077,117		4,119,240
Series 2021-5, Class A1, 0.951%, 07/25/2066 (A)(E)		4,424,698		3,712,691

Select Bond Trust (continued)

		Shares or Principal Amount	Value
COLLATERALIZED MORTGAGE OBLIGATIONS (continued)
Commercial and residential (continued)
Angel Oak Mortgage Trust LLC (continued)
Series 2024-3, Class A1 (4.800% to 2-1-28, then 5.800% thereafter), 4.800%, 11/26/2068 (A)	$	4,475,468	$	4,325,238
Arroyo Mortgage Trust Series 2021-1R, Class A1 1.175%, 10/25/2048 (A)(E)		2,617,836		2,261,427
BAMLL Commercial Mortgage Securities Trust Series 2015-200P, Class A 3.218%, 04/14/2033 (A)		2,121,000		2,042,137
BBCMS Mortgage Trust Series 2020-C6, Class A2 2.690%, 02/15/2053		1,980,000		1,863,425
BRAVO Residential Funding Trust Series 2021-NQM1, Class A1 0.941%, 02/25/2049 (A)(E)		2,450,896		2,165,274
BX Trust
Series 2021-MFM1, Class D (1 month CME Term SOFR + 1.614%), 6.939%, 01/15/2034 (A)(D)		1,471,223		1,454,671
Series 2022-CLS, Class A, 5.760%, 10/13/2027 (A)		3,485,000		3,496,330
BXHPP Trust Series 2021-FILM, Class C (1 month CME Term SOFR + 1.214%) 6.539%, 08/15/2036 (A)(D)		14,743,000		13,783,139
Cantor Commercial Real Estate Lending Series 2019-CF1, Class A2 3.623%, 05/15/2052		6,770,417		6,451,985
Citigroup Commercial Mortgage Trust
Series 2020-GC46, Class A2, 2.708%, 02/15/2053		6,905,000		6,339,935
Series 2023-SMRT, Class A, 5.820%, 10/12/2040 (A)(E)		4,564,000		4,642,306
COLT Mortgage Loan Trust
Series 2021-2, Class A1, 0.924%, 08/25/2066 (A)(E)		2,911,237		2,343,014
Series 2021-3, Class A1, 0.956%, 09/27/2066 (A)(E)		4,734,648		3,798,232
Series 2021-HX1, Class A1, 1.110%, 10/25/2066 (A)(E)		4,054,505		3,353,511
COLT Trust Series 2020-RPL1, Class A1 1.390%, 01/25/2065 (A)(E)		8,236,837		6,824,716
Commercial Mortgage Trust (Cantor Fitzgerald/Deutsche Bank AG) Series 2020-CX, Class D 2.683%, 11/10/2046 (A)(E)		4,291,000		3,334,420
Commercial Mortgage Trust (Deutsche Bank AG) Series 2020-CBM, Class A2 2.896%, 02/10/2037 (A)		3,156,000		3,046,472
Credit Suisse Mortgage Capital Certificates
Series 2020-NET, Class A, 2.257%, 08/15/2037 (A)		2,112,441		1,963,126
Series 2021-AFC1, Class A1, 0.830%, 03/25/2056 (A)(E)		6,202,128		4,998,557
Series 2021-NQM2, Class A1, 1.179%, 02/25/2066 (A)(E)		1,312,647		1,135,129

 

191

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Select Bond Trust (continued)

		Shares or Principal Amount	Value
COLLATERALIZED MORTGAGE OBLIGATIONS (continued)
Commercial and residential (continued)
Credit Suisse Mortgage Capital Certificates (continued)
Series 2021-NQM3, Class A1, 1.015%, 04/25/2066 (A)(E)	$	2,011,108	$	1,634,172
Series 2021-NQM5, Class A1, 0.938%, 05/25/2066 (A)(E)		2,425,573		1,945,852
Series 2021-NQM6, Class A1, 1.174%, 07/25/2066 (A)(E)		6,150,629		5,005,487
Series 2021-RPL2, Class A1A, 1.115%, 01/25/2060 (A)(E)		8,128,862		6,650,569
DBJPM Mortgage Trust Series 2020-C9, Class A2 1.900%, 08/15/2053		4,948,494		4,670,973
Deephaven Residential Mortgage Trust Series 2021-2, Class A1 0.899%, 04/25/2066 (A)(E)		3,612,261		3,106,904
Ellington Financial Mortgage Trust
Series 2021-1, Class A1, 0.797%, 02/25/2066 (A)(E)		1,538,831		1,289,965
Series 2021-2, Class A1, 0.931%, 06/25/2066 (A)(E)		3,464,472		2,781,830
Flagstar Mortgage Trust Series 2021-1, Class A2 2.500%, 02/01/2051 (A)(E)		6,942,647		5,562,255
GCAT Trust
Series 2021-NQM1, Class A1, 0.874%, 01/25/2066 (A)(E)		1,421,459		1,191,170
Series 2021-NQM2, Class A1, 1.036%, 05/25/2066 (A)(E)		1,571,240		1,290,598
Series 2021-NQM3, Class A1, 1.091%, 05/25/2066 (A)(E)		3,280,406		2,719,544
GS Mortgage Securities Trust Series 2020-UPTN, Class A 2.751%, 02/10/2037 (A)		2,093,000		1,996,341
GS Mortgage-Backed Securities Trust
Series 2020-NQM1, Class A1, 1.382%, 09/27/2060 (A)(E)		857,365		784,533
Series 2021-NQM1, Class A1, 1.017%, 07/25/2061 (A)(E)		2,040,132		1,735,419
Imperial Fund Mortgage Trust Series 2021-NQM1, Class A1 1.071%, 06/25/2056 (A)(E)		2,635,211		2,251,374
MFA Trust Series 2021-NQM1, Class A1 1.153%, 04/25/2065 (A)(E)		1,937,605		1,760,502
New Residential Mortgage Loan Trust Series 2020-1A, Class A1B 3.500%, 10/25/2059 (A)(E)		2,300,622		2,120,735
NMLT Trust Series 2021-INV1, Class A1 1.185%, 05/25/2056 (A)(E)		5,330,379		4,402,690
NYMT Loan Trust Series 2022-CP1, Class A1 2.042%, 07/25/2061 (A)		1,589,186		1,440,590
OBX Trust
Series 2020-EXP2, Class A3, 2.500%, 05/25/2060 (A)(E)		1,967,139		1,604,044
Series 2021-NQM2, Class A1, 1.101%, 05/25/2061 (A)(E)		3,469,597		2,758,211
Series 2021-NQM3, Class A1, 1.054%, 07/25/2061 (A)(E)		4,998,998		3,877,763

Select Bond Trust (continued)

		Shares or Principal Amount	Value
COLLATERALIZED MORTGAGE OBLIGATIONS (continued)
Commercial and residential (continued)
Provident Funding Mortgage Trust Series 2020-F1, Class A2 2.000%, 01/25/2036 (A)(E)	$	4,438,778	$	3,806,159
SLG Office Trust Series 2021-OVA, Class C 2.851%, 07/15/2041 (A)		8,579,000		6,957,560
Starwood Mortgage Residential Trust
Series 2021-2, Class A1, 0.943%, 05/25/2065 (A)(E)		1,751,615		1,581,773
Series 2022-1, Class A1, 2.447%, 12/25/2066 (A)(E)		5,183,734		4,436,648
Towd Point Mortgage Trust
Series 2018-4, Class A1, 3.000%, 06/25/2058 (A)(E)		1,862,753		1,722,028
Series 2019-4, Class A1, 2.900%, 10/25/2059 (A)(E)		2,778,428		2,596,739
Series 2020-4, Class A1, 1.750%, 10/25/2060 (A)		3,607,106		3,165,473
Verus Securitization Trust
Series 2020-5, Class A1 (1.218% to 10-1-24, then 2.218% thereafter), 1.218%, 05/25/2065 (A)		1,191,616		1,115,953
Series 2021-1, Class A1, 0.815%, 01/25/2066 (A)(E)		2,593,744		2,262,436
Series 2021-3, Class A1, 1.046%, 06/25/2066 (A)(E)		3,874,553		3,211,969
Series 2021-4, Class A1, 0.938%, 07/25/2066 (A)(E)		2,836,446		2,239,869
Series 2021-5, Class A1, 1.013%, 09/25/2066 (A)(E)		2,704,127		2,244,879
Series 2021-R2, Class A1, 0.918%, 02/25/2064 (A)(E)		2,390,636		2,113,921
Visio Trust Series 2020-1R, Class A1 1.312%, 11/25/2055 (A)		1,964,507		1,820,628
				192,881,698
U.S. Government Agency – 1.0%
Federal Home Loan Mortgage Corp. Series K048, Class X1 IO 0.203%, 06/25/2025		148,330,011		266,964
Government National Mortgage Association
Series 2012-114, Class IO, 0.623%, 01/16/2053		12,364,530		193,467
Series 2016-174, Class IO, 0.896%, 11/16/2056		9,599,808		405,585
Series 2017-109, Class IO, 0.230%, 04/16/2057		11,401,245		174,383
Series 2017-124, Class IO, 0.627%, 01/16/2059		11,827,169		407,196
Series 2017-135, Class IO, 0.717%, 10/16/2058		39,715,296		1,460,963
Series 2017-140, Class IO, 0.486%, 02/16/2059		18,938,926		568,298
Series 2017-159, Class IO, 0.432%, 06/16/2059		26,774,362		692,313
Series 2017-20, Class IO, 0.525%, 12/16/2058		24,899,392		606,982
Series 2017-22, Class IO, 0.753%, 12/16/2057		12,141,452		446,728
Series 2017-41, Class IO, 0.584%, 07/16/2058		9,190,807		257,912

 

192

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Select Bond Trust (continued)

		Shares or Principal Amount	Value
COLLATERALIZED MORTGAGE OBLIGATIONS (continued)
U.S. Government Agency (continued)
Government National Mortgage Association (continued)
Series 2017-46, Class IO, 0.649%, 11/16/2057	$	12,817,338	$	470,540
Series 2017-61, Class IO, 0.701%, 05/16/2059		14,226,357		528,448
Series 2018-158, Class IO, 0.788%, 05/16/2061		19,788,801		1,093,139
Series 2018-69, Class IO, 0.615%, 04/16/2060		21,499,207		962,008
Series 2019-131, Class IO, 0.802%, 07/16/2061		26,579,417		1,459,797
Series 2020-100, Class IO, 0.784%, 05/16/2062		28,283,953		1,646,805
Series 2020-108, Class IO, 0.847%, 06/16/2062		68,369,560		3,893,277
Series 2020-114, Class IO, 0.800%, 09/16/2062		67,346,541		3,874,184
Series 2020-118, Class IO, 0.881%, 06/16/2062		49,563,939		3,033,754
Series 2020-119, Class IO, 0.606%, 08/16/2062		27,340,672		1,289,121
Series 2020-120, Class IO, 0.768%, 05/16/2062		15,410,411		889,316
Series 2020-137, Class IO, 0.796%, 09/16/2062		87,466,236		4,956,502
Series 2020-150, Class IO, 0.963%, 12/16/2062		44,375,090		2,942,503
Series 2020-170, Class IO, 0.834%, 11/16/2062		57,332,175		3,603,075
Series 2020-92, Class IO, 0.879%, 02/16/2062		64,905,180		3,979,181
Series 2021-10, Class IO, 0.986%, 05/16/2063		41,452,182		2,888,504
Series 2021-11, Class IO, 1.020%, 12/16/2062		64,406,432		4,636,426
Series 2021-203, Class IO, 0.869%, 07/16/2063		54,342,078		3,495,750
Series 2021-3, Class IO, 0.868%, 09/16/2062		75,395,391		4,705,683
Series 2021-40, Class IO, 0.824%, 02/16/2063		19,689,905		1,195,390
Series 2022-181, Class IO, 0.716%, 07/16/2064		20,412,229		1,341,577
Series 2022-21, Class IO, 0.784%, 10/16/2063		18,643,926		1,135,175
Series 2023-197, Class IO, 1.319%, 09/16/2065		13,253,814		1,201,159
				60,702,105
TOTAL COLLATERALIZED MORTGAGE OBLIGATIONS (Cost $349,857,583)			$	253,583,803
ASSET BACKED SECURITIES – 7.3%
ABPCI Direct Lending Fund I, Ltd. Series 2020-1A, Class A 3.199%, 12/20/2030 (A)		8,243,655		7,871,421
Aligned Data Centers Issuer LLC
Series 2021-1A, Class A2 1.937%, 08/15/2046 (A)		7,638,000		6,942,404
Series 2023-2A, Class A2 6.500%, 11/16/2048 (A)		4,198,000		4,277,325
AMSR Trust
Series 2021-SFR1, Class B 2.153%, 06/17/2038 (A)		5,614,000		4,887,717

Select Bond Trust (continued)

		Shares or Principal Amount	Value
ASSET BACKED SECURITIES (continued)
AMSR Trust (continued)
Series 2021-SFR4, Class A 2.117%, 12/17/2038 (A)	$	1,681,000	$	1,546,479
Applebee's Funding LLC Series 2023-1A, Class A2 7.824%, 03/05/2053 (A)		3,779,000		3,906,771
Aqua Finance Trust Series 2021-A, Class A 1.540%, 07/17/2046 (A)		2,253,057		2,014,239
Arby's Funding LLC Series 2020-1A, Class A2 3.237%, 07/30/2050 (A)		8,831,680		8,165,739
Avis Budget Rental Car Funding AESOP LLC Series 2024-1A, Class A 5.360%, 06/20/2030 (A)		5,559,000		5,586,525
Beacon Container Finance II LLC Series 2021-1A, Class A 2.250%, 10/22/2046 (A)		6,363,175		5,675,793
BRE Grand Islander Timeshare Issuer LLC Series 2019-A, Class A 3.280%, 09/26/2033 (A)		1,854,371		1,782,812
CARS-DB7 LP Series 2023-1A, Class A1 5.750%, 09/15/2053 (A)		7,691,040		7,642,222
CF Hippolyta Issuer LLC
Series 2020-1, Class A1 1.690%, 07/15/2060 (A)		7,713,700		7,211,690
Series 2021-1A, Class A1 1.530%, 03/15/2061 (A)		6,834,630		6,180,346
CLI Funding VI LLC Series 2020-1A, Class A 2.080%, 09/18/2045 (A)		7,012,938		6,310,579
CLI Funding VIII LLC
Series 2021-1A, Class A 1.640%, 02/18/2046 (A)		4,900,539		4,346,930
Series 2022-1A, Class A 2.720%, 01/18/2047 (A)		4,438,373		3,953,008
Compass Datacenters Issuer II LLC Series 2024-1A, Class A1 5.250%, 02/25/2049 (A)		4,047,000		4,009,798
CyrusOne Data Centers Issuer I LLC Series 2023-1A, Class A2 4.300%, 04/20/2048 (A)		5,907,000		5,558,317
DataBank Issuer
Series 2021-1A, Class A2 2.060%, 02/27/2051 (A)		10,204,000		9,350,708
Series 2021-2A, Class A2 2.400%, 10/25/2051 (A)		7,833,000		7,002,090
DB Master Finance LLC
Series 2017-1A, Class A2II 4.030%, 11/20/2047 (A)		2,761,720		2,632,009
Series 2021-1A, Class A2I 2.045%, 11/20/2051 (A)		10,829,723		9,911,797
Diamond Infrastructure Funding LLC Series 2021-1A, Class A 1.760%, 04/15/2049 (A)		7,537,000		6,725,295
Domino's Pizza Master Issuer LLC
Series 2017-1A, Class A23 4.118%, 07/25/2047 (A)		9,219,520		8,824,734
Series 2019-1A, Class A2 3.668%, 10/25/2049 (A)		2,664,000		2,450,109
Series 2021-1A, Class A2I 2.662%, 04/25/2051 (A)		5,659,950		5,034,027

 

193

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Select Bond Trust (continued)

		Shares or Principal Amount	Value
ASSET BACKED SECURITIES (continued)
Driven Brands Funding LLC
Series 2018-1A, Class A2 4.739%, 04/20/2048 (A)	$	2,327,975	$	2,285,612
Series 2020-2A, Class A2 3.237%, 01/20/2051 (A)		5,470,800		4,963,779
Series 2021-1A, Class A2 2.791%, 10/20/2051 (A)		6,516,015		5,672,430
Elara HGV Timeshare Issuer LLC Series 2019-A, Class A 2.610%, 01/25/2034 (A)		965,094		919,328
FirstKey Homes Trust
Series 2021-SFR1, Class A 1.538%, 08/17/2038 (A)		2,700,639		2,468,631
Series 2021-SFR1, Class C 1.888%, 08/17/2038 (A)		8,099,000		7,357,873
Five Guys Holdings, Inc. Series 2023-1A, Class A2 7.549%, 01/26/2054 (A)		5,027,000		5,218,179
Ford Credit Auto Owner Trust Series 2023-2, Class A 5.280%, 02/15/2036 (A)		5,846,000		5,914,945
GM Financial Revolving Receivables Trust Series 2024-1, Class A 4.980%, 12/11/2036 (A)		3,257,000		3,270,767
GMF Floorplan Owner Revolving Trust Series 2024-2A, Class A 5.060%, 03/17/2031 (A)		7,413,000		7,451,965
Golub Capital Partners Funding, Ltd.
Series 2020-1A, Class A2 3.208%, 01/22/2029 (A)		3,231,736		3,077,686
Series 2021-1A, Class A2 2.773%, 04/20/2029 (A)		4,839,343		4,583,012
HI-FI Music IP Issuer LP Series 2022-1A, Class A2 3.939%, 02/01/2062 (A)		6,407,000		6,017,167
Home Partners of America Trust Series 2021-2, Class A 1.901%, 12/17/2026 (A)		1,184,128		1,074,670
Hotwire Funding LLC
Series 2021-1, Class A2 2.311%, 11/20/2051 (A)		5,233,000		4,730,945
Series 2023-1A, Class A2 5.687%, 05/20/2053 (A)		5,414,000		5,298,767
Jack in the Box Funding LLC
Series 2019-1A, Class A23 4.970%, 08/25/2049 (A)		2,106,840		1,998,886
Series 2022-1A, Class A2I 3.445%, 02/26/2052 (A)		3,243,840		3,007,636
MetroNet Infrastructure Issuer LLC
Series 2023-1A, Class A2 6.560%, 04/20/2053 (A)		3,616,000		3,665,866
Series 2024-1A, Class A2 6.230%, 04/20/2054 (A)		5,456,000		5,460,365
Monroe Capital Funding, Ltd. Series 2021-1A, Class A2 2.815%, 04/22/2031 (A)		11,897,404		10,828,348
Navient Private Education Refi Loan Trust
Series 2019-EA, Class A2A 2.640%, 05/15/2068 (A)		1,929,741		1,826,853
Series 2019-FA, Class A2 2.600%, 08/15/2068 (A)		1,700,886		1,591,675
Series 2020-BA, Class A2 2.120%, 01/15/2069 (A)		3,684,860		3,385,246
Series 2020-GA, Class A 1.170%, 09/16/2069 (A)		3,293,448		2,969,631

Select Bond Trust (continued)

		Shares or Principal Amount	Value
ASSET BACKED SECURITIES (continued)
Navient Private Education Refi Loan Trust (continued)
Series 2020-HA, Class A 1.310%, 01/15/2069 (A)	$	4,060,242	$	3,747,537
Series 2021-A, Class A 0.840%, 05/15/2069 (A)		4,022,908		3,527,431
Navient Student Loan Trust Series 2020-2A, Class A1A 1.320%, 08/26/2069 (A)		3,036,727		2,665,430
Neighborly Issuer LLC
Series 2021-1A, Class A2 3.584%, 04/30/2051 (A)		9,026,745		8,010,482
Series 2022-1A, Class A2 3.695%, 01/30/2052 (A)		4,275,740		3,750,037
New Economy Assets Phase 1 Sponsor LLC
Series 2021-1, Class A1 1.910%, 10/20/2061 (A)		8,463,000		7,411,393
Series 2021-1, Class B1 2.410%, 10/20/2061 (A)		3,933,000		3,302,794
NRZ Excess Spread-Collateralized Notes
Series 2020-PLS1, Class A 3.844%, 12/25/2025 (A)		1,247,106		1,195,395
Series 2021-FHT1, Class A 3.104%, 07/25/2026 (A)		977,484		911,566
Progress Residential Trust
Series 2021-SFR5, Class A 1.427%, 07/17/2038 (A)		7,398,909		6,775,368
Series 2021-SFR8, Class B 1.681%, 10/17/2038 (A)		3,244,000		2,936,402
Series 2024-SFR1, Class A 3.350%, 02/17/2041 (A)		5,041,000		4,642,895
Retained Vantage Data Centers Issuer LLC Series 2023-1A, Class A2A 5.000%, 09/15/2048 (A)		7,117,000		6,879,286
SCF Equipment Leasing LLC
Series 2019-2A, Class C 3.110%, 06/21/2027 (A)		6,966,253		6,917,937
Series 2021-1A, Class B 1.370%, 08/20/2029 (A)		5,189,000		4,995,274
SEB Funding LLC Series 2024-1A, Class A2 7.386%, 04/30/2054 (A)		5,300,000		5,354,242
SERVPRO Master Issuer LLC
Series 2021-1A, Class A2 2.394%, 04/25/2051 (A)		4,997,678		4,387,424
Series 2024-1A, Class A2 6.174%, 01/25/2054 (A)		2,695,000		2,724,376
Sesac Finance LLC Series 2019-1, Class A2 5.216%, 07/25/2049 (A)		6,307,775		6,148,029
SMB Private Education Loan Trust
Series 2021-A, Class APT2 1.070%, 01/15/2053 (A)		1,741,045		1,535,752
Series 2024-A, Class A1A 5.240%, 03/15/2056 (A)		5,341,000		5,343,395
SoFi Professional Loan Program LLC Series 2019-B, Class A2FX 3.090%, 08/17/2048 (A)		904,808		860,530
Sonic Capital LLC
Series 2020-1A, Class A2I 3.845%, 01/20/2050 (A)		4,669,459		4,420,682
Series 2020-1A, Class A2II 4.336%, 01/20/2050 (A)		5,361,731		4,989,853
Series 2021-1A, Class A2I 2.190%, 08/20/2051 (A)		4,463,550		3,864,042

 

194

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Select Bond Trust (continued)

		Shares or Principal Amount	Value
ASSET BACKED SECURITIES (continued)
Sunbird Engine Finance LLC Series 2020-1A, Class A 3.671%, 02/15/2045 (A)	$	1,290,499	$	1,167,927
Taco Bell Funding LLC Series 2021-1A, Class A2I 1.946%, 08/25/2051 (A)		10,277,933		9,296,713
TIF Funding II LLC
Series 2020-1A, Class A 2.090%, 08/20/2045 (A)		6,610,103		5,986,245
Series 2021-1A, Class A 1.650%, 02/20/2046 (A)		3,888,259		3,375,638
Tricon American Homes Trust Series 2020-SFR2, Class A 1.482%, 11/17/2039 (A)		5,855,703		5,155,309
Triton Container Finance VIII LLC
Series 2020-1A, Class A 2.110%, 09/20/2045 (A)		8,276,855		7,405,461
Series 2021-1A, Class A 1.860%, 03/20/2046 (A)		5,179,985		4,545,103
Vantage Data Centers LLC
Series 2020-1A, Class A2 1.645%, 09/15/2045 (A)		5,594,000		5,240,665
Series 2020-2A, Class A2 1.992%, 09/15/2045 (A)		4,913,000		4,327,151
VCP RRL ABS I, Ltd. Series 2021-1A, Class A 2.152%, 10/20/2031 (A)		1,695,764		1,596,362
VR Funding LLC Series 2020-1A, Class A 2.790%, 11/15/2050 (A)		5,639,216		5,054,462
Wendy's Funding LLC Series 2021-1A, Class A2I 2.370%, 06/15/2051 (A)		6,424,102		5,590,214
Willis Engine Structured Trust V Series 2020-A, Class A 3.228%, 03/15/2045 (A)		1,570,824		1,437,304
Wingstop Funding LLC Series 2020-1A, Class A2 2.841%, 12/05/2050 (A)		10,760,140		9,765,243
Zaxby's Funding LLC Series 2021-1A, Class A2 3.238%, 07/30/2051 (A)		4,243,200		3,755,257
TOTAL ASSET BACKED SECURITIES (Cost $468,324,131)			$	435,837,752

Select Bond Trust (continued)

	Shares or Principal Amount	Value
SHORT-TERM INVESTMENTS – 0.3%
Short-term funds – 0.3%
John Hancock Collateral Trust, 5.2975% (F)(G)	1,819,014	$	18,185,407
TOTAL SHORT-TERM INVESTMENTS (Cost $18,190,895)		$	18,185,407
Total Investments (Select Bond Trust) (Cost $6,374,541,771) – 99.0%		$	5,948,840,326
Other assets and liabilities, net – 1.0%			61,277,773
TOTAL NET ASSETS – 100.0%		$	6,010,118,099

Security Abbreviations and Legend
CME	CME Group Published Rates
CMT	Constant Maturity Treasury
IO	Interest-Only Security - (Interest Tranche of Stripped Mortgage Pool). Rate shown is the annualized yield at the end of the period.
SOFR	Secured Overnight Financing Rate
(A)	These securities are exempt from registration under Rule 144A of the Securities Act of 1933. Such securities may be resold, normally to qualified institutional buyers, in transactions exempt from registration. Rule 144A securities amounted to $1,035,070,230 or 17.2% of the fund's net assets as of 3-31-24.
(B)	All or a portion of this security is on loan as of 3-31-24. The value of securities on loan amounted to $1,388,129.
(C)	Perpetual bonds have no stated maturity date. Date shown as maturity date is next call date.
(D)	Variable rate obligation. The coupon rate shown represents the rate at period end.
(E)	Variable or floating rate security, the interest rate of which adjusts periodically based on a weighted average of interest rates and prepayments on the underlying pool of assets. The interest rate shown is the current rate as of period end.
(F)	The rate shown is the annualized seven-day yield as of 3-31-24.
(G)	Investment is an affiliate of the fund, the advisor and/or subadvisor. A portion of this security represents the investment of cash collateral received for securities lending. Market value of this investment amounted to $1,416,597.

 

DERIVATIVES

FUTURES

Open contracts	Number of contracts	Position	Expiration date	Notional basis^	Notional value^	Unrealized appreciation (depreciation)
10-Year U.S. Treasury Note Futures	755	Long	Jun 2024	$83,707,850	$83,651,641	$(56,209)
						$(56,209)

^ Notional basis refers to the contractual amount agreed upon at inception of open contracts; notional value represents the current value of the open contract.

195

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Short Term Government Income Trust

		Shares or Principal Amount	Value
U.S. GOVERNMENT AND AGENCY OBLIGATIONS – 95.5%
U.S. Government – 50.3%
U.S. Treasury Notes
0.625%, 07/31/2026	$	1,000,000	$	913,906
0.875%, 06/30/2026		1,800,000		1,659,656
1.125%, 10/31/2026		2,500,000		2,296,094
3.500%, 01/31/2028		17,150,000		16,648,229
3.750%, 04/15/2026		4,744,000		4,662,092
4.000%, 02/29/2028 to 01/31/2029		22,288,000		22,055,417
4.125%, 02/15/2027		10,090,000		10,004,866
4.250%, 10/15/2025 to 01/31/2026		10,220,000		10,138,655
4.375%, 08/15/2026 to 12/15/2026		14,510,000		14,471,886
				82,850,801
U.S. Government Agency – 45.2%
Federal Farm Credit Bank
0.500%, 12/23/2025 to 02/04/2026		10,000,000		9,258,694
0.680%, 01/13/2027		6,000,000		5,393,486
1.600%, 12/14/2026		2,000,000		1,849,954
3.370%, 12/08/2025		2,000,000		1,952,224
Federal Home Loan Bank
0.650%, 02/26/2026		6,000,000		5,551,460
0.900%, 02/26/2027		2,000,000		1,802,059
1.000%, 03/23/2026		1,950,000		1,809,799
1.100%, 07/13/2026 to 08/20/2026		3,000,000		2,761,046
2.750%, 03/25/2027		2,600,000		2,469,174
3.250%, 06/09/2025		2,415,000		2,365,423
3.500%, 05/19/2025		4,000,000		3,931,724
4.130%, 08/28/2025		2,500,000		2,469,907
5.000%, 09/14/2027		1,500,000		1,491,315
5.750%, 02/15/2029		2,000,000		2,000,015
Federal Home Loan Mortgage Corp.
0.375%, 09/23/2025		2,060,000		1,929,600
0.640%, 11/24/2025		2,000,000		1,866,087
0.650%, 10/22/2025		2,000,000		1,874,769
0.700%, 12/23/2025		2,000,000		1,864,560
0.800%, 10/27/2026		2,000,000		1,819,162
2.500%, 09/01/2034		1,330,359		1,220,933
3.000%, 07/01/2030 to 12/01/2032		1,378,879		1,316,118
3.500%, 04/01/2032		641,813		619,176
4.050%, 08/28/2025		2,000,000		1,975,299
4.250%, 08/25/2027		2,000,000		1,960,575
5.547%, (1 Year Refinitiv USD IBOR Consumer Cash Fallback Rate + 1.617%), 05/01/2045 (A)		248,423		253,199
5.700%, 01/26/2029		3,000,000		2,995,335
7.000%, 04/01/2031 to 04/01/2032		199		206
Federal National Mortgage Association
0.650%, 12/17/2025		2,000,000		1,855,534
2.500%, 10/01/2027 to 09/01/2034		1,569,954		1,452,040
3.000%, 03/01/2028 to 09/01/2034		3,728,210		3,561,527
3.500%, 07/01/2031 to 06/01/2034		2,525,863		2,433,594
6.500%, 01/01/2039		201,103		211,554
7.000%, 12/01/2026 to 01/01/2029		420		432
8.000%, 09/01/2029 to 09/01/2030		531		549
				74,316,529
TOTAL U.S. GOVERNMENT AND AGENCY OBLIGATIONS (Cost $163,154,383)			$	157,167,330
MUNICIPAL BONDS – 2.9%
City of Houston, GO (Texas) 2.110%, 03/01/2025		1,000,000		971,406
City of New York, GO 1.990%, 10/01/2026		1,000,000		934,386
County of Orange (Florida) 2.280%, 01/01/2026		1,000,000		955,803

Short Term Government Income Trust (continued)

		Shares or Principal Amount	Value
MUNICIPAL BONDS (continued)
Los Angeles Unified School District, GO (California) 1.540%, 09/15/2025	$	1,000,000	$	947,056
State of California, GO 2.375%, 10/01/2026		1,000,000		948,074
TOTAL MUNICIPAL BONDS (Cost $4,999,388)			$	4,756,725
COLLATERALIZED MORTGAGE OBLIGATIONS – 0.5%
U.S. Government Agency – 0.5%
Federal Home Loan Mortgage Corp. Series K038, Class X1 IO 1.003%, 03/25/2024		1,252,975		1
Government National Mortgage Association
Series 2012-114, Class IO, 0.623%, 01/16/2053		842,011		13,175
Series 2017-109, Class IO, 0.230%, 04/16/2057		847,089		12,956
Series 2017-124, Class IO, 0.627%, 01/16/2059		707,164		24,347
Series 2017-140, Class IO, 0.486%, 02/16/2059		630,467		18,918
Series 2017-20, Class IO, 0.525%, 12/16/2058		1,543,203		37,619
Series 2017-41, Class IO, 0.584%, 07/16/2058		828,519		23,250
Series 2017-46, Class IO, 0.649%, 11/16/2057		1,145,458		42,051
Series 2017-61, Class IO, 0.701%, 05/16/2059		490,215		18,209
Series 2017-74, Class IO, 0.434%, 09/16/2058		1,260,064		24,367
Series 2017-89, Class IO, 0.492%, 07/16/2059		1,067,609		30,680
Series 2018-9, Class IO, 0.443%, 01/16/2060		1,333,213		39,692
Series 2020-118, Class IO, 0.881%, 06/16/2062		1,355,339		82,959
Series 2020-119, Class IO, 0.606%, 08/16/2062		753,400		35,523
Series 2020-120, Class IO, 0.768%, 05/16/2062		1,994,191		115,082
Series 2020-137, Class IO, 0.796%, 09/16/2062		1,382,109		78,321
Series 2020-170, Class IO, 0.834%, 11/16/2062		1,521,576		95,624
Series 2021-40, Class IO, 0.824%, 02/16/2063		477,737		29,004
Series 2022-53, Class IO, 0.711%, 06/16/2064		1,689,187		83,870
				805,648
TOTAL COLLATERALIZED MORTGAGE OBLIGATIONS (Cost $2,810,635)			$	805,648
SHORT-TERM INVESTMENTS – 0.5%
Short-term funds – 0.5%
John Hancock Collateral Trust, 5.2975% (B)(C)		79,441		794,206
TOTAL SHORT-TERM INVESTMENTS (Cost $794,448)			$	794,206
Total Investments (Short Term Government Income Trust) (Cost $171,758,854) – 99.4%			$	163,523,909
Other assets and liabilities, net – 0.6%				959,249
TOTAL NET ASSETS – 100.0%			$	164,483,158

Security Abbreviations and Legend
GO	General Obligation

 

196

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Short Term Government Income Trust (continued)

IBOR	Interbank Offered Rate
IO	Interest-Only Security - (Interest Tranche of Stripped Mortgage Pool). Rate shown is the annualized yield at the end of the period.

Short Term Government Income Trust (continued)

(A)	Variable rate obligation. The coupon rate shown represents the rate at period end.
(B)	The rate shown is the annualized seven-day yield as of 3-31-24.
(C)	Investment is an affiliate of the fund, the advisor and/or subadvisor.

 

DERIVATIVES

FUTURES

Open contracts	Number of contracts	Position	Expiration date	Notional basis^	Notional value^	Unrealized appreciation (depreciation)
5-Year U.S. Treasury Note Futures	66	Long	Jun 2024	$7,042,520	$7,063,031	$20,511
						$20,511

^ Notional basis refers to the contractual amount agreed upon at inception of open contracts; notional value represents the current value of the open contract.

Small Cap Index Trust

	Shares or Principal Amount	Value
COMMON STOCKS – 95.8%
Communication services – 2.1%
Diversified telecommunication services – 0.4%
Anterix, Inc. (A)	2,644	$	88,865
AST SpaceMobile, Inc. (A)	18,807		54,540
ATN International, Inc.	2,092		65,908
Bandwidth, Inc., Class A (A)	4,714		86,078
Cogent Communications Holdings, Inc.	8,409		549,360
Consolidated Communications Holdings, Inc. (A)	14,859		64,191
Globalstar, Inc. (A)	139,360		204,859
IDT Corp., Class B	3,067		115,963
Liberty Latin America, Ltd., Class A (A)	8,932		62,256
Liberty Latin America, Ltd., Class C (A)	24,811		173,429
Lumen Technologies, Inc. (A)	194,385		303,241
Ooma, Inc. (A)	5,519		47,077
Shenandoah Telecommunications Company	9,568		166,196
			1,981,963
Entertainment – 0.4%
Atlanta Braves Holdings, Inc., Series A (A)	1,757		73,618
Atlanta Braves Holdings, Inc., Series C (A)	9,244		361,071
Cinemark Holdings, Inc. (A)	21,072		378,664
Eventbrite, Inc., Class A (A)	16,198		88,765
IMAX Corp. (A)	8,803		142,345
Lions Gate Entertainment Corp., Class A (A)	11,164		111,082
Lions Gate Entertainment Corp., Class B (A)	24,301		226,242
Madison Square Garden Entertainment Corp. (A)	7,819		306,583
Playstudios, Inc. (A)	18,499		51,427
Sphere Entertainment Company (A)	5,277		258,995
The Marcus Corp.	4,721		67,321
Vivid Seats, Inc., Class A (A)	8,437		50,538
			2,116,651
Interactive media and services – 0.6%
Bumble, Inc., Class A (A)	19,197		217,886
CarGurus, Inc. (A)	18,359		423,726
Cars.com, Inc. (A)	12,544		215,506
DHI Group, Inc. (A)	7,718		19,681
EverQuote, Inc., Class A (A)	4,408		81,812
FuboTV, Inc. (A)(B)	56,156		88,726
Grindr, Inc. (A)(B)	7,877		79,794
MediaAlpha, Inc., Class A (A)	4,606		93,824

Small Cap Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Interactive media and services (continued)
Nextdoor Holdings, Inc. (A)	32,007	$	72,016
QuinStreet, Inc. (A)	10,533		186,013
Shutterstock, Inc.	4,755		217,827
System1, Inc. (A)	6,546		12,830
TrueCar, Inc. (A)	17,596		59,650
Vimeo, Inc. (A)	30,413		124,389
Yelp, Inc. (A)	12,682		499,671
Ziff Davis, Inc. (A)	8,703		548,637
ZipRecruiter, Inc., Class A (A)	13,307		152,897
			3,094,885
Media – 0.6%
Advantage Solutions, Inc. (A)	17,690		76,598
AMC Networks, Inc., Class A (A)	6,065		73,568
Boston Omaha Corp., Class A (A)	5,051		78,088
Cardlytics, Inc. (A)(B)	7,090		102,734
Clear Channel Outdoor Holdings, Inc. (A)	74,930		123,635
Daily Journal Corp. (A)	274		99,081
EchoStar Corp., Class A (A)	20,974		298,880
Entravision Communications Corp., Class A	11,636		19,083
Gambling.com Group, Ltd. (A)	3,180		29,033
Gannett Company, Inc. (A)	26,539		64,755
Gray Television, Inc.	17,474		110,436
iHeartMedia, Inc., Class A (A)	23,277		48,649
Integral Ad Science Holding Corp. (A)	9,743		97,138
John Wiley & Sons, Inc., Class A	7,073		269,693
Magnite, Inc. (A)	25,949		278,952
PubMatic, Inc., Class A (A)	8,065		191,302
Scholastic Corp.	5,044		190,209
Sinclair, Inc. (B)	6,464		87,070
Stagwell, Inc. (A)	16,037		99,750
TechTarget, Inc. (A)	5,052		167,120
TEGNA, Inc.	38,359		573,083
The EW Scripps Company, Class A (A)	13,256		52,096
Thryv Holdings, Inc. (A)	6,031		134,069
Townsquare Media, Inc., Class A	2,396		26,308
WideOpenWest, Inc. (A)	11,317		40,968
			3,332,298
Wireless telecommunication services – 0.1%
Gogo, Inc. (A)	12,734		111,805
Spok Holdings, Inc.	3,444		54,932
Telephone & Data Systems, Inc.	19,070		305,501

 

197

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Small Cap Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Wireless telecommunication services (continued)
Tingo Group, Inc. (A)	23,160	$	593
			472,831
			10,998,628
Consumer discretionary – 10.4%
Automobile components – 1.2%
Adient PLC (A)	17,447		574,355
American Axle & Manufacturing Holdings, Inc. (A)	22,685		166,962
Atmus Filtration Technologies, Inc. (A)	3,043		98,137
Cooper-Standard Holdings, Inc. (A)	3,542		58,656
Dana, Inc.	24,696		313,639
Dorman Products, Inc. (A)	5,068		488,505
Fox Factory Holding Corp. (A)	8,226		428,328
Gentherm, Inc. (A)	6,273		361,199
Holley, Inc. (A)	9,945		44,355
LCI Industries	4,726		581,582
Luminar Technologies, Inc. (A)	56,833		111,961
Modine Manufacturing Company (A)	9,875		940,001
Patrick Industries, Inc.	4,042		482,898
Solid Power, Inc. (A)(B)	35,372		71,805
Standard Motor Products, Inc.	3,950		132,523
Stoneridge, Inc. (A)	5,381		99,226
The Goodyear Tire & Rubber Company (A)	53,869		739,621
Visteon Corp. (A)	5,260		618,629
XPEL, Inc. (A)	4,472		241,577
			6,553,959
Automobiles – 0.1%
Fisker, Inc. (A)	41,252		854
Livewire Group, Inc. (A)(B)	4,163		30,098
Winnebago Industries, Inc.	5,447		403,078
			434,030
Broadline retail – 0.1%
Big Lots, Inc. (A)	6,570		28,448
CarParts.com, Inc. (A)	11,028		17,865
ContextLogic, Inc., Class A (A)	5,380		30,612
Dillard's, Inc., Class A (B)	648		305,623
Savers Value Village, Inc. (A)	5,287		101,933
			484,481
Distributors – 0.0%
Weyco Group, Inc.	1,112		35,451
Diversified consumer services – 1.0%
Adtalem Global Education, Inc. (A)	7,518		386,425
Carriage Services, Inc.	2,473		66,870
Chegg, Inc. (A)	21,659		163,959
Coursera, Inc. (A)	25,725		360,665
Duolingo, Inc. (A)	5,675		1,251,792
European Wax Center, Inc., Class A (A)	6,618		85,902
frontdoor, Inc. (A)	15,425		502,547
Graham Holdings Company, Class B	659		505,901
Laureate Education, Inc.	25,128		366,115
Lincoln Educational Services Corp. (A)	4,761		49,181
Nerdy, Inc. (A)	13,494		39,268
OneSpaWorld Holdings, Ltd. (A)	16,365		216,509
Perdoceo Education Corp.	12,380		217,393
Strategic Education, Inc.	4,341		451,985
Stride, Inc. (A)	8,148		513,731
Udemy, Inc. (A)	17,412		191,184
Universal Technical Institute, Inc. (A)	5,926		94,460
WW International, Inc. (A)	11,365		21,025
			5,484,912
Hotels, restaurants and leisure – 2.1%
Accel Entertainment, Inc. (A)	10,885		128,334

Small Cap Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Hotels, restaurants and leisure (continued)
Bally's Corp. (A)	5,607	$	78,162
Biglari Holdings, Inc., Class B (A)	151		28,642
BJ's Restaurants, Inc. (A)	4,423		160,024
Bloomin' Brands, Inc.	16,669		478,067
Bowlero Corp., Class A (B)	3,547		48,594
Brinker International, Inc. (A)	8,371		415,871
Carrols Restaurant Group, Inc.	6,482		61,644
Century Casinos, Inc. (A)	5,989		18,925
Chuy's Holdings, Inc. (A)	3,238		109,218
Cracker Barrel Old Country Store, Inc. (B)	4,152		301,975
Dave & Buster's Entertainment, Inc. (A)	6,533		408,966
Denny's Corp. (A)	10,530		94,349
Dine Brands Global, Inc.	2,959		137,534
El Pollo Loco Holdings, Inc. (A)	5,543		53,989
Everi Holdings, Inc. (A)	16,461		165,433
First Watch Restaurant Group, Inc. (A)	4,347		107,023
Full House Resorts, Inc. (A)	6,306		35,124
Global Business Travel Group I (A)	7,168		43,080
Golden Entertainment, Inc.	3,895		143,453
Hilton Grand Vacations, Inc. (A)	15,150		715,232
Inspired Entertainment, Inc. (A)	4,949		48,797
International Game Technology PLC	20,755		468,855
Jack in the Box, Inc.	3,815		261,251
Krispy Kreme, Inc.	17,449		265,836
Kura Sushi USA, Inc., Class A (A)	1,153		132,779
Life Time Group Holdings, Inc. (A)	8,611		133,643
Light & Wonder, Inc. (A)	17,290		1,765,136
Lindblad Expeditions Holdings, Inc. (A)	6,818		63,612
Monarch Casino & Resort, Inc.	2,514		188,525
Mondee Holdings, Inc. (A)	9,804		22,647
Nathan's Famous, Inc.	544		38,515
Noodles & Company (A)	9,188		17,549
Papa John's International, Inc.	6,277		418,048
PlayAGS, Inc. (A)	6,888		61,854
Portillo's, Inc., Class A (A)	8,984		127,393
Potbelly Corp. (A)	5,164		62,536
RCI Hospitality Holdings, Inc.	1,627		94,366
Red Robin Gourmet Burgers, Inc. (A)	3,668		28,097
Red Rock Resorts, Inc., Class A	9,003		538,559
Rush Street Interactive, Inc. (A)	12,268		79,865
Sabre Corp. (A)	65,662		158,902
Shake Shack, Inc., Class A (A)	7,263		755,570
Six Flags Entertainment Corp. (A)	14,087		370,770
Super Group SGHC, Ltd. (A)	27,350		94,358
Sweetgreen, Inc., Class A (A)	18,804		474,989
Target Hospitality Corp. (A)	5,697		61,926
The Cheesecake Factory, Inc.	9,038		326,724
United Parks & Resorts, Inc. (A)	6,995		393,189
Xponential Fitness, Inc., Class A (A)	4,540		75,092
			11,263,022
Household durables – 2.3%
Beazer Homes USA, Inc. (A)	5,741		188,305
Cavco Industries, Inc. (A)	1,606		640,890
Century Communities, Inc.	5,473		528,145
Cricut, Inc., Class A	10,111		48,128
Dream Finders Homes, Inc., Class A (A)	4,870		212,965
Ethan Allen Interiors, Inc.	4,320		149,342
GoPro, Inc., Class A (A)	23,193		51,720
Green Brick Partners, Inc. (A)	4,993		300,728
Hamilton Beach Brands Holding Company, Class B	1,197		29,159
Helen of Troy, Ltd. (A)	4,560		525,494
Hooker Furnishings Corp.	2,202		52,870
Hovnanian Enterprises, Inc., Class A (A)	912		143,129

 

198

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Small Cap Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Household durables (continued)
Installed Building Products, Inc.	4,532	$	1,172,564
iRobot Corp. (A)	5,801		50,817
KB Home	12,980		920,022
Landsea Homes Corp. (A)	4,283		62,232
La-Z-Boy, Inc.	8,464		318,416
Legacy Housing Corp. (A)	2,338		50,314
LGI Homes, Inc. (A)	3,994		464,782
M/I Homes, Inc. (A)	5,143		700,939
MDC Holdings, Inc.	11,518		724,597
Meritage Homes Corp.	7,002		1,228,571
Purple Innovation, Inc.	14,486		25,206
Skyline Champion Corp. (A)	10,398		883,934
Snap One Holdings Corp. (A)	4,210		36,290
Sonos, Inc. (A)	23,768		453,018
Taylor Morrison Home Corp. (A)	19,658		1,222,138
The Lovesac Company (A)	2,859		64,613
Tri Pointe Homes, Inc. (A)	18,341		709,063
Vizio Holding Corp., Class A (A)	15,488		169,439
Worthington Enterprises, Inc.	5,910		367,779
			12,495,609
Leisure products – 0.4%
Acushnet Holdings Corp.	5,838		385,016
AMMO, Inc. (A)	17,452		47,993
Clarus Corp.	5,514		37,220
Escalade, Inc.	1,926		26,483
Funko, Inc., Class A (A)	7,811		48,741
JAKKS Pacific, Inc. (A)	1,560		38,532
Johnson Outdoors, Inc., Class A	1,059		48,830
Latham Group, Inc. (A)	2,869		11,361
Malibu Boats, Inc., Class A (A)	4,034		174,592
MasterCraft Boat Holdings, Inc. (A)	3,300		78,276
Smith & Wesson Brands, Inc.	8,996		156,171
Sturm Ruger & Company, Inc.	3,484		160,787
Topgolf Callaway Brands Corp. (A)	27,395		442,977
Vista Outdoor, Inc. (A)	11,138		365,104
			2,022,083
Specialty retail – 2.7%
1-800-Flowers.com, Inc., Class A (A)	4,921		53,294
Abercrombie & Fitch Company, Class A (A)	9,359		1,172,963
Academy Sports & Outdoors, Inc.	13,913		939,684
American Eagle Outfitters, Inc.	34,992		902,444
America's Car-Mart, Inc. (A)	1,112		71,023
Arko Corp.	16,237		92,551
Asbury Automotive Group, Inc. (A)	3,963		934,396
BARK, Inc. (A)(B)	15,216		18,868
Beyond, Inc. (A)	8,611		309,221
Big 5 Sporting Goods Corp.	5,234		18,424
Boot Barn Holdings, Inc. (A)	5,814		553,202
Build-A-Bear Workshop, Inc.	2,424		72,405
Caleres, Inc.	6,609		271,167
Camping World Holdings, Inc., Class A	8,011		223,106
Carvana Company (A)	19,614		1,724,267
Designer Brands, Inc., Class A	8,319		90,927
Destination XL Group, Inc. (A)	10,664		38,390
EVgo, Inc. (A)	19,984		50,160
Foot Locker, Inc.	15,765		449,303
Genesco, Inc. (A)	2,196		61,795
Group 1 Automotive, Inc.	2,600		759,798
GrowGeneration Corp. (A)	14,077		40,260
Guess?, Inc.	5,625		177,019
Haverty Furniture Companies, Inc.	2,806		95,741
Hibbett, Inc.	2,239		171,978
Lands' End, Inc. (A)	3,384		36,852
Leslie's, Inc. (A)	33,792		219,648

Small Cap Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Specialty retail (continued)
MarineMax, Inc. (A)	4,100	$	136,366
Monro, Inc.	5,675		178,990
National Vision Holdings, Inc. (A)	14,903		330,250
OneWater Marine, Inc., Class A (A)	2,495		70,234
PetMed Express, Inc. (B)	4,678		22,408
Revolve Group, Inc. (A)	7,636		161,654
Sally Beauty Holdings, Inc. (A)	20,346		252,697
Shoe Carnival, Inc.	3,603		132,014
Signet Jewelers, Ltd.	8,390		839,587
Sleep Number Corp. (A)	3,882		62,228
Sonic Automotive, Inc., Class A	2,930		166,834
Sportsman's Warehouse Holdings, Inc. (A)	9,403		29,243
Stitch Fix, Inc., Class A (A)	19,059		50,316
The Aaron's Company, Inc.	5,821		43,658
The Buckle, Inc.	5,944		239,365
The Cato Corp., Class A	4,321		24,932
The Children's Place, Inc. (A)	2,720		31,389
The ODP Corp. (A)	6,086		322,862
ThredUp, Inc., Class A (A)	16,880		33,760
Tile Shop Holdings, Inc. (A)	5,191		36,493
Tilly's, Inc., Class A (A)	4,966		33,769
Upbound Group, Inc.	10,194		358,931
Urban Outfitters, Inc. (A)	12,222		530,679
Warby Parker, Inc., Class A (A)	16,801		228,662
Winmark Corp.	529		191,339
Zumiez, Inc. (A)	3,403		51,692
			14,109,238
Textiles, apparel and luxury goods – 0.5%
Figs, Inc., Class A (A)	24,912		124,062
G-III Apparel Group, Ltd. (A)	7,790		225,988
Hanesbrands, Inc. (A)	67,781		393,130
Kontoor Brands, Inc.	10,803		650,881
Movado Group, Inc.	3,017		84,265
Oxford Industries, Inc.	2,813		316,181
Rocky Brands, Inc.	1,334		36,191
Steven Madden, Ltd.	14,149		598,220
Vera Bradley, Inc. (A)	5,065		34,442
Wolverine World Wide, Inc.	14,653		164,260
			2,627,620
			55,510,405
Consumer staples – 3.2%
Beverages – 0.4%
Coca-Cola Consolidated, Inc.	918		777,004
MGP Ingredients, Inc.	3,151		271,396
National Beverage Corp. (A)	4,759		225,862
Primo Water Corp.	29,932		545,062
The Duckhorn Portfolio, Inc. (A)	9,042		84,181
The Vita Coco Company, Inc. (A)	5,854		143,013
			2,046,518
Consumer staples distribution and retail – 0.6%
Ingles Markets, Inc., Class A	2,760		211,637
Natural Grocers by Vitamin Cottage, Inc.	1,579		28,501
PriceSmart, Inc.	4,955		416,220
SpartanNash Company	6,839		138,216
Sprouts Farmers Market, Inc. (A)	19,576		1,262,260
The Andersons, Inc.	6,163		353,571
The Chefs' Warehouse, Inc. (A)	6,673		251,305
United Natural Foods, Inc. (A)	11,671		134,100
Village Super Market, Inc., Class A	1,470		42,057

 

199

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Small Cap Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Consumer staples distribution and retail (continued)
Weis Markets, Inc.	3,188	$	205,307
			3,043,174
Food products – 0.9%
Alico, Inc.	1,244		36,424
B&G Foods, Inc.	13,612		155,721
Benson Hill, Inc. (A)(B)	40,553		8,131
Beyond Meat, Inc. (A)(B)	11,493		95,162
BRC, Inc., Class A (A)	7,274		31,133
Calavo Growers, Inc.	3,398		94,498
Cal-Maine Foods, Inc.	7,800		459,030
Dole PLC	13,928		166,161
Fresh Del Monte Produce, Inc.	6,429		166,575
J&J Snack Foods Corp.	2,889		417,634
John B Sanfilippo & Son, Inc.	1,730		183,242
Lancaster Colony Corp.	3,746		777,782
Limoneira Company	3,638		71,159
Mission Produce, Inc. (A)	9,491		112,658
Seneca Foods Corp., Class A (A)	1,020		58,038
SunOpta, Inc. (A)	18,107		124,395
The Hain Celestial Group, Inc. (A)	17,895		140,655
The Simply Good Foods Company (A)	17,509		595,831
TreeHouse Foods, Inc. (A)	9,755		379,957
Utz Brands, Inc.	14,225		262,309
Vital Farms, Inc. (A)	6,184		143,778
Westrock Coffee Company (A)	6,206		64,108
			4,544,381
Household products – 0.3%
Central Garden & Pet Company (A)	2,268		97,138
Central Garden & Pet Company, Class A (A)	9,468		349,559
Energizer Holdings, Inc.	13,649		401,827
Oil-Dri Corp. of America	940		70,086
WD-40 Company	2,604		659,619
			1,578,229
Personal care products – 0.9%
BellRing Brands, Inc. (A)	25,289		1,492,810
e.l.f. Beauty, Inc. (A)	10,347		2,028,322
Edgewell Personal Care Company	9,443		364,878
Herbalife, Ltd. (A)	19,374		194,709
Inter Parfums, Inc.	3,524		495,157
Medifast, Inc.	2,178		83,461
Nature's Sunshine Products, Inc. (A)	2,115		43,929
Nu Skin Enterprises, Inc., Class A	9,528		131,772
The Beauty Health Company (A)	17,398		77,247
USANA Health Sciences, Inc. (A)	2,171		105,294
Waldencast PLC, Class A (A)	5,726		37,219
			5,054,798
Tobacco – 0.1%
Ispire Technology, Inc. (A)	3,612		22,142
Turning Point Brands, Inc.	3,196		93,643
Universal Corp.	4,627		239,308
Vector Group, Ltd.	28,076		307,713
			662,806
			16,929,906
Energy – 7.0%
Energy equipment and services – 2.5%
Archrock, Inc.	26,655		524,304
Atlas Energy Solutions, Inc. (B)	3,454		78,129
Borr Drilling, Ltd. (A)(B)	41,942		287,303
Bristow Group, Inc. (A)	4,677		127,214
Cactus, Inc., Class A	12,499		626,075
ChampionX Corp.	37,385		1,341,748
Core Laboratories, Inc.	9,047		154,523

Small Cap Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Energy equipment and services (continued)
Diamond Offshore Drilling, Inc. (A)	19,983	$	272,568
DMC Global, Inc. (A)	3,697		72,055
Dril-Quip, Inc. (A)	6,498		146,400
Expro Group Holdings NV (A)	17,348		346,440
Forum Energy Technologies, Inc. (A)	1,854		37,043
Helix Energy Solutions Group, Inc. (A)	27,114		293,916
Helmerich & Payne, Inc.	18,606		782,568
KLX Energy Services Holdings, Inc. (A)	2,366		18,313
Kodiak Gas Services, Inc.	2,852		77,974
Liberty Energy, Inc.	31,348		649,531
Nabors Industries, Ltd. (A)	1,801		155,120
Newpark Resources, Inc. (A)	14,381		103,831
Noble Corp. PLC	21,536		1,044,281
Oceaneering International, Inc. (A)	19,252		450,497
Oil States International, Inc. (A)	13,645		84,053
Patterson-UTI Energy, Inc.	67,726		808,648
ProFrac Holding Corp., Class A (A)	5,284		44,174
ProPetro Holding Corp. (A)	17,969		145,190
Ranger Energy Services, Inc.	3,022		34,118
RPC, Inc.	16,733		129,513
SEACOR Marine Holdings, Inc. (A)	4,715		65,727
Seadrill, Ltd. (A)	8,961		450,738
Select Water Solutions, Inc.	16,369		151,086
Solaris Oilfield Infrastructure, Inc., Class A	5,815		50,416
TETRA Technologies, Inc. (A)	23,697		104,978
Tidewater, Inc. (A)	8,935		822,020
U.S. Silica Holdings, Inc. (A)	14,686		182,253
Valaris, Ltd. (A)	11,432		860,372
Weatherford International PLC (A)	13,647		1,575,137
			13,098,256
Oil, gas and consumable fuels – 4.5%
Amplify Energy Corp. (A)	7,693		50,851
Ardmore Shipping Corp.	7,920		130,046
Berry Corp.	14,431		116,170
California Resources Corp.	13,510		744,401
Callon Petroleum Company (A)	11,603		414,923
Centrus Energy Corp., Class A (A)	2,340		97,180
Chord Energy Corp.	8,063		1,437,149
Civitas Resources, Inc.	15,642		1,187,384
Clean Energy Fuels Corp. (A)	32,433		86,920
CNX Resources Corp. (A)	30,209		716,557
Comstock Resources, Inc.	18,156		168,488
CONSOL Energy, Inc.	5,831		488,405
Crescent Energy Company, Class A	15,289		181,939
CVR Energy, Inc.	5,781		206,150
Delek US Holdings, Inc.	12,214		375,458
DHT Holdings, Inc.	25,973		298,690
Dorian LPG, Ltd.	6,638		255,297
Empire Petroleum Corp. (A)(B)	3,180		16,250
Encore Energy Corp. (A)	29,596		129,630
Energy Fuels, Inc. (A)	30,948		194,663
Equitrans Midstream Corp.	83,837		1,047,124
Evolution Petroleum Corp.	7,579		46,535
Excelerate Energy, Inc., Class A	3,304		52,930
FLEX LNG, Ltd.	5,745		146,095
FutureFuel Corp.	5,215		41,981
Gevo, Inc. (A)	52,594		40,429
Golar LNG, Ltd.	19,097		459,474
Granite Ridge Resources, Inc.	7,573		49,225
Green Plains, Inc. (A)	11,434		264,354
Gulfport Energy Corp. (A)	2,112		338,173
Hallador Energy Company (A)	5,001		26,655
HighPeak Energy, Inc.	2,606		41,097
International Seaways, Inc.	7,951		422,993

 

200

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Small Cap Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Oil, gas and consumable fuels (continued)
Kinetik Holdings, Inc.	3,661	$	145,964
Kosmos Energy, Ltd. (A)	88,582		527,949
Magnolia Oil & Gas Corp., Class A	34,495		895,145
Matador Resources Company	21,894		1,461,862
Murphy Oil Corp.	28,031		1,281,017
NACCO Industries, Inc., Class A	964		29,113
NextDecade Corp. (A)	15,319		87,012
Nordic American Tankers, Ltd.	39,203		153,676
Northern Oil and Gas, Inc.	17,115		679,123
Overseas Shipholding Group, Inc., Class A	11,629		74,426
Par Pacific Holdings, Inc. (A)	10,786		399,729
PBF Energy, Inc., Class A	21,168		1,218,642
Peabody Energy Corp.	21,659		525,447
Permian Resources Corp.	79,513		1,404,200
REX American Resources Corp. (A)	3,034		178,126
Riley Exploration Permian, Inc.	1,955		64,515
Ring Energy, Inc. (A)	27,915		54,713
SandRidge Energy, Inc.	6,612		96,337
Scorpio Tankers, Inc.	9,197		658,045
SFL Corp., Ltd.	22,162		292,095
SilverBow Resources, Inc. (A)	4,103		140,076
Sitio Royalties Corp., Class A	15,912		393,345
SM Energy Company	22,358		1,114,546
Talos Energy, Inc. (A)	22,858		318,412
Teekay Corp. (A)	11,662		84,899
Teekay Tankers, Ltd., Class A	4,627		270,263
Tellurian, Inc. (A)(B)	113,448		75,035
Uranium Energy Corp. (A)	74,515		502,976
VAALCO Energy, Inc.	21,200		147,764
Vertex Energy, Inc. (A)(B)	13,679		19,151
Vital Energy, Inc. (A)	4,562		239,687
Vitesse Energy, Inc.	4,890		116,040
W&T Offshore, Inc.	21,245		56,299
World Kinect Corp.	11,229		297,007
			24,276,252
			37,374,508
Financials – 15.2%
Banks – 8.0%
1st Source Corp.	3,131		164,127
ACNB Corp.	1,611		60,574
Amalgamated Financial Corp.	3,291		78,984
Amerant Bancorp, Inc.	4,941		115,076
American National Bankshares, Inc.	1,964		93,801
Ameris Bancorp	12,569		608,088
Ames National Corp.	2,029		40,945
Arrow Financial Corp.	2,901		72,583
Associated Banc-Corp.	28,398		610,841
Atlantic Union Bankshares Corp.	14,320		505,639
Axos Financial, Inc. (A)	10,499		567,366
Banc of California, Inc.	25,430		386,790
BancFirst Corp.	4,242		373,423
Bank First Corp.	1,890		163,806
Bank of Hawaii Corp.	7,439		464,119
Bank of Marin Bancorp	3,028		50,780
BankUnited, Inc.	13,978		391,384
Bankwell Financial Group, Inc.	1,156		29,987
Banner Corp.	6,416		307,968
Bar Harbor Bankshares	3,318		87,861
BayCom Corp.	2,460		50,701
BCB Bancorp, Inc.	3,390		35,426
Berkshire Hills Bancorp, Inc.	8,095		185,537
Blue Foundry Bancorp (A)	4,726		44,235
Bridgewater Bancshares, Inc. (A)	4,499		52,368
Brookline Bancorp, Inc.	16,941		168,732

Small Cap Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Banks (continued)
Burke & Herbert Financial Services Corp.	1,310	$	73,399
Business First Bancshares, Inc.	4,622		102,978
Byline Bancorp, Inc.	5,302		115,159
C&F Financial Corp.	680		33,320
Cadence Bank	34,900		1,012,100
Cambridge Bancorp	1,492		101,695
Camden National Corp.	2,770		92,850
Capital Bancorp, Inc.	2,267		47,222
Capital City Bank Group, Inc.	2,787		77,200
Capitol Federal Financial, Inc.	25,025		149,149
Capstar Financial Holdings, Inc.	3,787		76,119
Carter Bankshares, Inc. (A)	4,884		61,734
Cathay General Bancorp	13,085		495,006
Central Pacific Financial Corp.	4,980		98,355
Chemung Financial Corp.	749		31,818
ChoiceOne Financial Services, Inc.	1,451		39,685
Citizens & Northern Corp.	3,018		56,678
Citizens Financial Services, Inc.	700		34,440
City Holding Company	2,741		285,667
Civista Bancshares, Inc.	3,090		47,524
CNB Financial Corp.	3,835		78,196
Coastal Financial Corp. (A)	2,134		82,949
Codorus Valley Bancorp, Inc.	2,033		46,271
Colony Bankcorp, Inc.	3,694		42,481
Columbia Financial, Inc. (A)	6,257		107,683
Community Bank System, Inc.	10,109		485,535
Community Trust Bancorp, Inc.	3,105		132,428
Community West Bancshares	2,099		41,749
ConnectOne Bancorp, Inc.	7,099		138,431
CrossFirst Bankshares, Inc. (A)	8,629		119,425
Customers Bancorp, Inc. (A)	5,577		295,916
CVB Financial Corp.	25,169		449,015
Dime Community Bancshares, Inc.	6,886		132,624
Eagle Bancorp, Inc.	5,319		124,943
Eastern Bankshares, Inc.	29,551		407,213
Enterprise Financial Services Corp.	6,838		277,349
Equity Bancshares, Inc., Class A	2,881		99,020
Esquire Financial Holdings, Inc.	1,198		56,869
ESSA Bancorp, Inc.	2,030		37,007
Evans Bancorp, Inc.	1,094		32,667
Farmers & Merchants Bancorp, Inc.	2,777		61,899
Farmers National Banc Corp.	7,495		100,133
FB Financial Corp.	6,783		255,448
Fidelity D&D Bancorp, Inc.	905		43,829
Financial Institutions, Inc.	3,023		56,893
First Bancorp (North Carolina)	7,593		274,259
First Bancorp (Puerto Rico)	31,608		554,404
First Bank	4,101		56,348
First Busey Corp.	10,579		254,425
First Business Financial Services, Inc.	1,580		59,250
First Commonwealth Financial Corp.	19,632		273,277
First Community Bankshares, Inc.	3,231		111,890
First Financial Bancorp	17,682		396,430
First Financial Bankshares, Inc.	24,995		820,086
First Financial Corp.	2,241		85,898
First Foundation, Inc.	10,215		77,123
First Interstate BancSystem, Inc., Class A	15,523		422,381
First Merchants Corp.	11,170		389,833
First Mid Bancshares, Inc.	4,392		143,531
First Western Financial, Inc. (A)	1,726		25,165
Five Star Bancorp	2,627		59,108
Flushing Financial Corp.	5,619		70,856
FS Bancorp, Inc.	1,325		45,991

 

201

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Small Cap Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Banks (continued)
Fulton Financial Corp.	30,505	$	484,724
German American Bancorp, Inc.	5,760		199,526
Glacier Bancorp, Inc.	21,481		865,255
Great Southern Bancorp, Inc.	1,772		97,141
Greene County Bancorp, Inc.	1,319		37,974
Guaranty Bancshares, Inc.	1,721		52,250
Hancock Whitney Corp.	16,406		755,332
Hanmi Financial Corp.	5,525		87,958
HarborOne Bancorp, Inc.	8,116		86,517
HBT Financial, Inc.	2,750		52,360
Heartland Financial USA, Inc.	7,927		278,634
Heritage Commerce Corp.	11,433		98,095
Heritage Financial Corp.	6,478		125,608
Hilltop Holdings, Inc.	8,752		274,113
Home Bancorp, Inc.	1,258		48,194
Home BancShares, Inc.	35,728		877,837
HomeStreet, Inc.	3,559		53,563
HomeTrust Bancshares, Inc.	3,251		88,882
Hope Bancorp, Inc.	23,266		267,792
Horizon Bancorp, Inc.	8,497		109,017
Independent Bank Corp. (Massachusetts)	8,383		436,084
Independent Bank Corp. (Michigan)	3,213		81,450
Independent Bank Group, Inc.	6,831		311,835
International Bancshares Corp.	10,223		573,919
John Marshall Bancorp, Inc.	2,602		46,628
Kearny Financial Corp.	10,523		67,768
Lakeland Bancorp, Inc.	12,705		153,731
Lakeland Financial Corp.	4,852		321,785
LCNB Corp.	2,512		40,041
Live Oak Bancshares, Inc.	6,613		274,506
Macatawa Bank Corp.	5,718		55,979
MainStreet Bancshares, Inc.	1,287		23,372
Mercantile Bank Corp.	3,062		117,856
Metrocity Bankshares, Inc.	4,049		101,063
Metropolitan Bank Holding Corp. (A)	1,889		72,727
Mid Penn Bancorp, Inc.	3,284		65,713
Middlefield Banc Corp.	1,576		37,635
Midland States Bancorp, Inc.	4,015		100,897
MidWestOne Financial Group, Inc.	3,076		72,101
MVB Financial Corp.	2,384		53,187
National Bank Holdings Corp., Class A	7,083		255,484
National Bankshares, Inc.	1,314		43,901
NBT Bancorp, Inc.	8,742		320,657
Nicolet Bankshares, Inc.	2,501		215,061
Northeast Bank	1,282		70,946
Northeast Community Bancorp, Inc.	1,984		31,208
Northfield Bancorp, Inc.	7,443		72,346
Northrim BanCorp, Inc.	1,023		51,672
Northwest Bancshares, Inc.	24,084		280,579
Norwood Financial Corp.	1,550		42,176
Oak Valley Bancorp	1,276		31,619
OceanFirst Financial Corp.	10,506		172,403
OFG Bancorp	8,919		328,308
Old National Bancorp	55,692		969,598
Old Second Bancorp, Inc.	8,703		120,450
Orange County Bancorp, Inc.	1,028		47,288
Origin Bancorp, Inc.	5,632		175,944
Orrstown Financial Services, Inc.	2,047		54,798
Pacific Premier Bancorp, Inc.	18,083		433,992
Park National Corp.	2,715		368,833
Parke Bancorp, Inc.	2,080		35,828
Pathward Financial, Inc.	5,103		257,599
PCB Bancorp	2,529		41,299
Peapack-Gladstone Financial Corp.	3,176		77,272
Penns Woods Bancorp, Inc.	1,260		24,457

Small Cap Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Banks (continued)
Peoples Bancorp, Inc.	6,942	$	205,553
Peoples Financial Services Corp.	1,378		59,406
Plumas Bancorp	1,078		39,660
Ponce Financial Group, Inc. (A)	4,116		36,632
Preferred Bank	2,321		178,183
Premier Financial Corp.	6,921		140,496
Primis Financial Corp.	4,121		50,153
Princeton Bancorp, Inc.	933		28,718
Provident Financial Services, Inc.	13,084		190,634
QCR Holdings, Inc.	3,050		185,257
RBB Bancorp	2,717		48,933
Red River Bancshares, Inc.	1,012		50,387
Renasant Corp.	10,735		336,220
Republic Bancorp, Inc., Class A	1,763		89,913
S&T Bancorp, Inc.	7,303		234,280
Sandy Spring Bancorp, Inc.	8,175		189,497
Seacoast Banking Corp. of Florida	16,153		410,125
ServisFirst Bancshares, Inc.	9,789		649,598
Shore Bancshares, Inc.	6,443		74,095
Sierra Bancorp	2,794		56,439
Simmons First National Corp., Class A	23,496		457,232
SmartFinancial, Inc.	3,659		77,095
South Plains Financial, Inc.	2,362		63,207
Southern First Bancshares, Inc. (A)	1,789		56,819
Southern Missouri Bancorp, Inc.	1,763		77,061
Southern States Bancshares, Inc.	1,510		39,139
Southside Bancshares, Inc.	5,590		163,396
SouthState Corp.	14,527		1,235,231
Stellar Bancorp, Inc.	9,217		224,526
Stock Yards Bancorp, Inc.	5,433		265,728
Summit Financial Group, Inc.	2,093		56,846
Texas Capital Bancshares, Inc. (A)	9,003		554,135
The Bancorp, Inc. (A)	9,939		332,559
The Bank of NT Butterfield & Son, Ltd.	8,923		285,447
The First Bancorp, Inc.	2,627		64,729
The First Bancshares, Inc.	5,873		152,404
The First of Long Island Corp.	3,906		43,318
The Hingham Institution for Savings	271		47,279
Third Coast Bancshares, Inc. (A)	2,646		52,973
Timberland Bancorp, Inc.	1,397		37,607
Tompkins Financial Corp.	2,728		137,191
Towne Bank	14,018		393,345
TriCo Bancshares	6,048		222,445
Triumph Financial, Inc. (A)	4,217		334,492
Trustmark Corp.	11,915		334,931
UMB Financial Corp.	8,423		732,717
United Bankshares, Inc.	24,910		891,529
United Community Banks, Inc.	22,521		592,753
Unity Bancorp, Inc.	1,592		43,939
Univest Financial Corp.	5,680		118,258
USCB Financial Holdings, Inc.	2,644		30,142
Valley National Bancorp	82,272		654,885
Veritex Holdings, Inc.	9,652		197,769
Virginia National Bankshares Corp.	857		25,796
WaFd, Inc.	12,751		370,162
Washington Trust Bancorp, Inc.	2,971		79,860
WesBanco, Inc.	11,070		329,997
West BanCorp, Inc.	3,236		57,698
Westamerica BanCorp	4,994		244,107
WSFS Financial Corp.	11,470		517,756
			42,892,916
Capital markets – 1.3%
AlTi Global, Inc. (A)(B)	4,304		24,361
Artisan Partners Asset Management, Inc., Class A	11,509		526,767

 

202

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Small Cap Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Capital markets (continued)
AssetMark Financial Holdings, Inc. (A)	4,429	$	156,831
B. Riley Financial, Inc. (B)	3,924		83,071
Bakkt Holdings, Inc. (A)	15,717		7,227
BGC Group, Inc., Class A	68,789		534,491
Brightsphere Investment Group, Inc.	6,214		141,928
Cohen & Steers, Inc.	5,055		388,679
Diamond Hill Investment Group, Inc.	522		80,477
Donnelley Financial Solutions, Inc. (A)	4,778		296,284
Forge Global Holdings, Inc. (A)	19,746		38,110
GCM Grosvenor, Inc., Class A	9,818		94,842
Hamilton Lane, Inc., Class A	7,005		789,884
Moelis & Company, Class A	12,767		724,783
Open Lending Corp. (A)	19,874		124,411
P10, Inc., Class A	9,410		79,232
Patria Investments, Ltd., Class A	10,830		160,717
Perella Weinberg Partners	8,194		115,781
Piper Sandler Companies	3,288		652,635
PJT Partners, Inc., Class A	4,498		423,981
StepStone Group, Inc., Class A	10,754		384,348
StoneX Group, Inc. (A)	5,273		370,481
Victory Capital Holdings, Inc., Class A	5,136		217,920
Virtus Investment Partners, Inc.	1,303		323,118
WisdomTree, Inc.	27,142		249,435
			6,989,794
Consumer finance – 0.7%
Atlanticus Holdings Corp. (A)	765		22,636
Bread Financial Holdings, Inc.	9,441		351,583
Encore Capital Group, Inc. (A)	4,400		200,684
Enova International, Inc. (A)	5,431		341,230
FirstCash Holdings, Inc.	7,250		924,665
Green Dot Corp., Class A (A)	9,871		92,096
LendingClub Corp. (A)	21,303		187,253
LendingTree, Inc. (A)	2,145		90,819
Navient Corp.	15,495		269,613
Nelnet, Inc., Class A	2,421		229,148
NerdWallet, Inc., Class A (A)	6,735		99,005
PRA Group, Inc. (A)	7,304		190,488
PROG Holdings, Inc.	8,584		295,633
Regional Management Corp.	1,522		36,848
Upstart Holdings, Inc. (A)	14,403		387,297
World Acceptance Corp. (A)	810		117,434
			3,836,432
Financial services – 2.4%
Acacia Research Corp. (A)	7,924		42,235
Alerus Financial Corp.	3,843		83,893
A-Mark Precious Metals, Inc.	3,594		110,300
AvidXchange Holdings, Inc. (A)	29,537		388,412
Banco Latinoamericano de Comercio Exterior SA, Class E	5,377		159,267
Cannae Holdings, Inc. (A)	12,923		287,408
Cantaloupe, Inc. (A)	11,049		71,045
Cass Information Systems, Inc.	2,841		136,851
Compass Diversified Holdings	12,193		293,486
Enact Holdings, Inc.	5,709		178,007
Essent Group, Ltd.	20,028		1,191,866
EVERTEC, Inc.	12,574		501,703
Federal Agricultural Mortgage Corp., Class C	1,784		351,234
Flywire Corp. (A)	20,440		507,116
i3 Verticals, Inc., Class A (A)	4,423		101,242
International Money Express, Inc. (A)	6,065		138,464
Jackson Financial, Inc., Class A	15,285		1,010,950
Marqeta, Inc., Class A (A)	90,831		541,353
Merchants Bancorp	3,255		140,551
Mr. Cooper Group, Inc. (A)	12,359		963,384

Small Cap Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Financial services (continued)
NewtekOne, Inc.	5,060	$	55,660
NMI Holdings, Inc., Class A (A)	15,332		495,837
Ocwen Financial Corp. (A)	1,286		34,735
PagSeguro Digital, Ltd., Class A (A)	38,051		543,368
Payoneer Global, Inc. (A)	52,597		255,621
Paysafe, Ltd. (A)	6,413		101,261
PennyMac Financial Services, Inc.	4,853		442,060
Radian Group, Inc.	29,432		985,089
Remitly Global, Inc. (A)	26,341		546,312
Repay Holdings Corp. (A)	15,981		175,791
StoneCo, Ltd., Class A (A)	55,826		927,270
TrustCo Bank Corp. NY	3,478		97,940
Velocity Financial, Inc. (A)	1,690		30,420
Walker & Dunlop, Inc.	6,094		615,860
Waterstone Financial, Inc.	3,936		47,901
			12,553,892
Insurance – 1.8%
Ambac Financial Group, Inc. (A)	9,022		141,014
American Coastal Insurance Corp. (A)	3,982		42,568
American Equity Investment Life Holding Company (A)	15,135		850,890
AMERISAFE, Inc.	3,946		197,971
BRP Group, Inc., Class A (A)	11,888		344,039
CNO Financial Group, Inc.	20,980		576,530
Crawford & Company, Class A	2,736		25,800
Donegal Group, Inc., Class A	4,206		59,473
eHealth, Inc. (A)	5,591		33,714
Employers Holdings, Inc.	5,070		230,127
Enstar Group, Ltd. (A)	2,308		717,234
F&G Annuities & Life, Inc.	3,689		149,589
Fidelis Insurance Holdings, Ltd.	9,153		178,300
Genworth Financial, Inc., Class A (A)	87,177		560,548
Goosehead Insurance, Inc., Class A (A)	4,113		274,008
Greenlight Capital Re, Ltd., Class A (A)	5,256		65,542
HCI Group, Inc.	1,294		150,208
Hippo Holdings, Inc. (A)	1,259		23,002
Horace Mann Educators Corp.	8,043		297,511
Investors Title Company	219		35,739
James River Group Holdings, Ltd.	8,071		75,060
Lemonade, Inc. (A)	10,092		165,610
Maiden Holdings, Ltd. (A)	5,771		12,985
MBIA, Inc. (A)	9,297		62,848
Mercury General Corp.	5,320		274,512
National Western Life Group, Inc., Class A	454		223,350
Oscar Health, Inc., Class A (A)	30,984		460,732
Palomar Holdings, Inc. (A)	4,696		393,666
ProAssurance Corp. (A)	9,913		127,481
Safety Insurance Group, Inc.	2,798		229,968
Selective Insurance Group, Inc.	11,697		1,276,961
SelectQuote, Inc. (A)	24,466		48,932
SiriusPoint, Ltd. (A)	14,056		178,652
Skyward Specialty Insurance Group, Inc. (A)	4,704		175,977
Stewart Information Services Corp.	5,199		338,247
Tiptree, Inc.	5,027		86,867
Trupanion, Inc. (A)	7,857		216,932
United Fire Group, Inc.	4,268		92,914
Universal Insurance Holdings, Inc.	4,943		100,442
			9,495,943
Mortgage real estate investment trusts – 1.0%
AFC Gamma, Inc.	3,298		40,829
Angel Oak Mortgage REIT, Inc.	2,544		27,323
Apollo Commercial Real Estate Finance, Inc.	27,348		304,657

 

203

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Small Cap Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Mortgage real estate investment trusts (continued)
Arbor Realty Trust, Inc.	35,298	$	467,699
Ares Commercial Real Estate Corp.	9,176		68,361
ARMOUR Residential REIT, Inc.	9,701		191,789
Blackstone Mortgage Trust, Inc., Class A	32,765		652,351
BrightSpire Capital, Inc.	24,393		168,068
Chicago Atlantic Real Estate Finance, Inc.	3,286		51,820
Chimera Investment Corp.	44,959		207,261
Claros Mortgage Trust, Inc.	17,976		175,446
Dynex Capital, Inc.	10,947		136,290
Ellington Financial, Inc.	15,304		180,740
Franklin BSP Realty Trust, Inc.	15,205		203,139
Granite Point Mortgage Trust, Inc.	9,263		44,185
Hannon Armstrong Sustainable Infrastructure Capital, Inc.	20,811		591,032
Invesco Mortgage Capital, Inc.	8,973		86,859
KKR Real Estate Finance Trust, Inc.	11,811		118,819
Ladder Capital Corp.	21,722		241,766
MFA Financial, Inc.	18,912		215,786
New York Mortgage Trust, Inc.	17,778		128,002
Orchid Island Capital, Inc.	10,420		93,051
PennyMac Mortgage Investment Trust	16,673		244,760
Ready Capital Corp.	31,219		285,029
Redwood Trust, Inc.	23,338		148,663
TPG RE Finance Trust, Inc.	13,813		106,636
Two Harbors Investment Corp.	19,075		252,553
			5,432,914
			81,201,891
Health care – 14.7%
Biotechnology – 7.6%
2seventy bio, Inc. (A)	10,848		58,037
4D Molecular Therapeutics, Inc. (A)	7,933		252,745
89bio, Inc. (A)	14,152		164,729
ACADIA Pharmaceuticals, Inc. (A)	23,420		433,036
ACELYRIN, Inc. (A)	12,406		83,741
Achillion Pharmaceuticals, Inc. (A)(C)	38,157		57,979
Acrivon Therapeutics, Inc. (A)(B)	1,726		12,341
Actinium Pharmaceuticals, Inc. (A)	2,993		23,435
Adicet Bio, Inc. (A)	6,054		14,227
ADMA Biologics, Inc. (A)	42,763		282,236
Aduro Biotech, Inc. (A)(C)	4,010		9,932
Aerovate Therapeutics, Inc. (A)	2,155		63,723
Agenus, Inc. (A)	74,302		43,095
Agios Pharmaceuticals, Inc. (A)	10,865		317,693
Akero Therapeutics, Inc. (A)	11,141		281,422
Albireo Pharma, Inc. (A)(C)	3,774		8,114
Aldeyra Therapeutics, Inc. (A)	10,000		32,700
Alector, Inc. (A)	13,917		83,780
Alkermes PLC (A)	32,060		867,864
Allakos, Inc. (A)	14,792		18,638
Allogene Therapeutics, Inc. (A)	18,056		80,710
Allovir, Inc. (A)	13,299		10,039
Alpine Immune Sciences, Inc. (A)	6,804		269,711
Altimmune, Inc. (A)	11,069		112,682
ALX Oncology Holdings, Inc. (A)	5,735		63,945
Amicus Therapeutics, Inc. (A)	56,310		663,332
AnaptysBio, Inc. (A)	4,055		91,319
Anavex Life Sciences Corp. (A)	14,971		76,202
Anika Therapeutics, Inc. (A)	2,914		74,016
Annexon, Inc. (A)	11,533		82,692
Apogee Therapeutics, Inc. (A)	7,763		515,851
Arbutus Biopharma Corp. (A)(B)	28,399		73,269
Arcellx, Inc. (A)	7,391		514,044
Arcturus Therapeutics Holdings, Inc. (A)	4,598		155,274
Arcus Biosciences, Inc. (A)	10,496		198,164

Small Cap Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Biotechnology (continued)
Arcutis Biotherapeutics, Inc. (A)	15,775	$	156,330
Ardelyx, Inc. (A)	44,215		322,770
Arrowhead Pharmaceuticals, Inc. (A)	21,212		606,663
ARS Pharmaceuticals, Inc. (A)	2,736		27,962
Astria Therapeutics, Inc. (A)	8,799		123,846
Atara Biotherapeutics, Inc. (A)	23,063		16,006
Aura Biosciences, Inc. (A)	6,210		48,749
Aurinia Pharmaceuticals, Inc. (A)	26,856		134,549
Avid Bioservices, Inc. (A)	13,142		88,051
Avidity Biosciences, Inc. (A)	14,339		365,931
Avita Medical, Inc. (A)	4,900		78,547
Beam Therapeutics, Inc. (A)	14,413		476,206
BioAtla, Inc. (A)	5,250		18,060
BioCryst Pharmaceuticals, Inc. (A)	37,942		192,745
Biohaven, Ltd. (A)	13,198		721,799
Biomea Fusion, Inc. (A)	4,134		61,803
Bioxcel Therapeutics, Inc. (A)	3,560		10,039
Bluebird Bio, Inc. (A)(B)	30,356		38,856
Blueprint Medicines Corp. (A)	11,715		1,111,285
Bridgebio Pharma, Inc. (A)	22,600		698,792
Cabaletta Bio, Inc. (A)	6,464		110,276
CareDx, Inc. (A)	10,179		107,796
Cargo Therapeutics, Inc. (A)	3,598		80,307
Caribou Biosciences, Inc. (A)	16,643		85,545
Carisma Therapeutics, Inc. (A)	6,163		13,990
Catalyst Pharmaceuticals, Inc. (A)	19,588		312,233
Celcuity, Inc. (A)	3,995		86,292
Celldex Therapeutics, Inc. (A)	11,096		465,699
Century Therapeutics, Inc. (A)	2,392		9,999
Cerevel Therapeutics Holdings, Inc. (A)	13,788		582,819
CG Oncology, Inc. (A)	3,761		165,108
Chinook Therapeutics, Inc. (A)(C)	12,035		4,694
Cogent Biosciences, Inc. (A)	16,248		109,187
Coherus Biosciences, Inc. (A)	19,758		47,222
Compass Therapeutics, Inc. (A)	20,318		40,230
Crinetics Pharmaceuticals, Inc. (A)	12,753		596,968
Cue Biopharma, Inc. (A)	4,901		9,263
Cullinan Oncology, Inc. (A)	5,626		95,867
Cytokinetics, Inc. (A)	18,314		1,283,995
Day One Biopharmaceuticals, Inc. (A)	12,647		208,928
Deciphera Pharmaceuticals, Inc. (A)	10,407		163,702
Denali Therapeutics, Inc. (A)	23,290		477,911
Design Therapeutics, Inc. (A)	3,870		15,596
Disc Medicine, Inc. (A)	1,806		112,442
Dynavax Technologies Corp. (A)	25,144		312,037
Dyne Therapeutics, Inc. (A)	10,775		305,902
Eagle Pharmaceuticals, Inc. (A)(B)	2,442		12,796
Editas Medicine, Inc. (A)	16,255		120,612
Emergent BioSolutions, Inc. (A)	4,034		10,206
Enanta Pharmaceuticals, Inc. (A)	4,449		77,680
Entrada Therapeutics, Inc. (A)	3,961		56,127
Erasca, Inc. (A)	19,311		39,781
Fate Therapeutics, Inc. (A)	17,119		125,653
Fennec Pharmaceuticals, Inc. (A)	3,830		42,590
FibroGen, Inc. (A)	13,990		32,877
Foghorn Therapeutics, Inc. (A)	4,953		33,235
Genelux Corp. (A)	3,799		24,428
Generation Bio Company (A)	10,224		41,612
Geron Corp. (A)	100,050		330,165
Gritstone bio, Inc. (A)(B)	19,793		50,868
Halozyme Therapeutics, Inc. (A)	25,000		1,017,000
Heron Therapeutics, Inc. (A)	19,377		53,674
HilleVax, Inc. (A)	5,420		90,135
Humacyte, Inc. (A)	12,791		39,780
Icosavax, Inc. (A)(C)	6,029		1,869

 

204

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Small Cap Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Biotechnology (continued)
Ideaya Biosciences, Inc. (A)	11,919	$	523,006
IGM Biosciences, Inc. (A)	1,546		14,919
Immuneering Corp., Class A (A)	4,640		13,410
ImmunityBio, Inc. (A)	26,365		141,580
Immunovant, Inc. (A)	10,385		335,539
Inhibrx, Inc. (A)	6,820		238,427
Inozyme Pharma, Inc. (A)	9,978		76,431
Insmed, Inc. (A)	26,895		729,661
Intellia Therapeutics, Inc. (A)	17,593		483,983
Iovance Biotherapeutics, Inc. (A)	45,210		670,012
Ironwood Pharmaceuticals, Inc. (A)	27,931		243,279
iTeos Therapeutics, Inc. (A)	5,452		74,365
Janux Therapeutics, Inc. (A)(B)	3,380		127,257
KalVista Pharmaceuticals, Inc. (A)	6,643		78,786
Karyopharm Therapeutics, Inc. (A)	15,774		23,819
Keros Therapeutics, Inc. (A)	4,518		299,092
Kezar Life Sciences, Inc. (A)	17,702		15,960
Kiniksa Pharmaceuticals, Ltd., Class A (A)	6,376		125,798
Kodiak Sciences, Inc. (A)	4,481		23,570
Krystal Biotech, Inc. (A)	4,194		746,238
Kura Oncology, Inc. (A)	13,763		293,565
Kymera Therapeutics, Inc. (A)	7,560		303,912
Larimar Therapeutics, Inc. (A)	4,058		30,800
LENZ Therapeutics, Inc.	431		9,634
Lexeo Therapeutics, Inc. (A)	1,216		19,067
Lexicon Pharmaceuticals, Inc. (A)	13,156		31,574
Lineage Cell Therapeutics, Inc. (A)(B)	32,559		48,187
Lyell Immunopharma, Inc. (A)	36,975		82,454
MacroGenics, Inc. (A)	11,795		173,622
Madrigal Pharmaceuticals, Inc. (A)	2,858		763,200
MannKind Corp. (A)	51,255		232,185
MeiraGTx Holdings PLC (A)	7,764		47,127
Merrimack Pharmaceuticals, Inc. (A)	2,411		35,610
Mersana Therapeutics, Inc. (A)	22,020		98,650
MiMedx Group, Inc. (A)	22,804		175,591
Mineralys Therapeutics, Inc. (A)	4,365		56,352
Mirum Pharmaceuticals, Inc. (A)	4,937		124,017
Monte Rosa Therapeutics, Inc. (A)	5,738		40,453
Morphic Holding, Inc. (A)	7,358		259,002
Mural Oncology PLC (A)	3,434		16,792
Myriad Genetics, Inc. (A)	16,030		341,760
Nkarta, Inc. (A)	5,112		55,261
Novavax, Inc. (A)	18,509		88,473
Nurix Therapeutics, Inc. (A)	9,412		138,356
Nuvalent, Inc., Class A (A)	5,129		385,137
Nuvectis Pharma, Inc. (A)	1,476		12,103
Ocean Biomedical, Inc. (A)	599		2,267
Olema Pharmaceuticals, Inc. (A)	5,487		62,113
Omega Therapeutics, Inc. (A)	5,661		20,663
Organogenesis Holdings, Inc. (A)	13,782		39,141
ORIC Pharmaceuticals, Inc. (A)	7,771		106,851
Outlook Therapeutics, Inc. (A)(B)	1,253		14,961
Ovid therapeutics, Inc. (A)	13,880		42,334
PDL BioPharma, Inc. (A)(C)	28,581		17,149
PDS Biotechnology Corp. (A)(B)	6,461		25,586
PepGen, Inc. (A)	1,466		21,550
PMV Pharmaceuticals, Inc. (A)	5,840		9,928
Poseida Therapeutics, Inc. (A)	13,049		41,626
Precigen, Inc. (A)	13,446		19,497
Prelude Therapeutics, Inc. (A)	2,097		9,940
Prime Medicine, Inc. (A)	8,376		58,632
ProKidney Corp. (A)(B)	7,119		11,675
Protagonist Therapeutics, Inc. (A)	11,108		321,354
Prothena Corp. PLC (A)	8,591		212,799

Small Cap Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Biotechnology (continued)
PTC Therapeutics, Inc. (A)	13,964	$	406,213
Radius Health, Inc. (A)(C)	9,985		799
Rallybio Corp. (A)	5,983		11,069
RAPT Therapeutics, Inc. (A)	6,236		55,999
Recursion Pharmaceuticals, Inc., Class A (A)	26,987		269,060
REGENXBIO, Inc. (A)	8,132		171,341
Relay Therapeutics, Inc. (A)	18,061		149,906
Replimune Group, Inc. (A)	10,773		88,015
REVOLUTION Medicines, Inc. (A)	26,940		868,276
Rhythm Pharmaceuticals, Inc. (A)	10,127		438,803
Rigel Pharmaceuticals, Inc. (A)	38,466		56,930
Rocket Pharmaceuticals, Inc. (A)	12,178		328,075
Sage Therapeutics, Inc. (A)	10,488		196,545
Sagimet Biosciences, Inc., Class A (A)	3,417		18,520
Sana Biotechnology, Inc. (A)	18,987		189,870
Sangamo Therapeutics, Inc. (A)	35,760		23,966
Savara, Inc. (A)	17,905		89,167
Scholar Rock Holding Corp. (A)	10,918		193,904
SpringWorks Therapeutics, Inc. (A)	13,297		654,478
Stoke Therapeutics, Inc. (A)	6,129		82,742
Summit Therapeutics, Inc. (A)	22,626		93,672
Sutro Biopharma, Inc. (A)	13,918		78,637
Syndax Pharmaceuticals, Inc. (A)	13,379		318,420
Synergy Pharmaceuticals, Inc. (A)(C)	80,513		233
Tango Therapeutics, Inc. (A)	9,130		72,492
Tenaya Therapeutics, Inc. (A)	7,257		37,954
TG Therapeutics, Inc. (A)	26,700		406,107
Travere Therapeutics, Inc. (A)	15,271		117,739
Turnstone Biologics Corp. (A)	3,471		9,094
Twist Bioscience Corp. (A)	11,256		386,193
Tyra Biosciences, Inc. (A)	3,238		53,103
UroGen Pharma, Ltd. (A)(B)	5,823		87,345
Vanda Pharmaceuticals, Inc. (A)	12,383		50,894
Vaxcyte, Inc. (A)	19,708		1,346,253
Vera Therapeutics, Inc. (A)	7,491		323,012
Veracyte, Inc. (A)	14,564		322,738
Vericel Corp. (A)	9,209		479,052
Verve Therapeutics, Inc. (A)	11,528		153,092
Vigil Neuroscience, Inc. (A)	3,406		11,614
Viking Therapeutics, Inc. (A)	19,393		1,590,226
Vir Biotechnology, Inc. (A)	17,358		175,837
Viridian Therapeutics, Inc. (A)	8,819		154,421
Vor BioPharma, Inc. (A)	5,080		12,040
Voyager Therapeutics, Inc. (A)	6,848		63,755
Xencor, Inc. (A)	11,744		259,895
XOMA Corp. (A)	516		12,410
Y-mAbs Therapeutics, Inc. (A)	7,365		119,755
Zentalis Pharmaceuticals, Inc. (A)	11,656		183,699
Zura Bio, Ltd. (A)	3,116		8,008
Zymeworks, Inc. (A)	10,705		112,617
			40,614,869
Health care equipment and supplies – 2.5%
Accuray, Inc. (A)	20,909		51,645
Alphatec Holdings, Inc. (A)	18,070		249,185
AngioDynamics, Inc. (A)	8,324		48,862
Artivion, Inc. (A)	7,864		166,402
AtriCure, Inc. (A)	8,840		268,913
Atrion Corp.	264		122,377
Avanos Medical, Inc. (A)	8,531		169,852
Axogen, Inc. (A)	8,202		66,190
Axonics, Inc. (A)	9,533		657,491
Butterfly Network, Inc. (A)	31,271		33,773
Cerus Corp. (A)	35,208		66,543
ClearPoint Neuro, Inc. (A)	5,627		38,264

 

205

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Small Cap Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Health care equipment and supplies (continued)
CONMED Corp.	5,870	$	470,070
Cutera, Inc. (A)(B)	3,789		5,570
CVRx, Inc. (A)	1,964		35,764
Embecta Corp.	11,159		148,080
Glaukos Corp. (A)	9,115		859,453
Haemonetics Corp. (A)	9,586		818,165
Inari Medical, Inc. (A)	10,285		493,474
Inmode, Ltd. (A)	14,596		315,420
Inogen, Inc. (A)	5,434		43,852
Integer Holdings Corp. (A)	6,369		743,135
iRadimed Corp.	1,590		69,944
iRhythm Technologies, Inc. (A)	5,883		682,428
Lantheus Holdings, Inc. (A)	13,069		813,415
LeMaitre Vascular, Inc.	3,906		259,202
LivaNova PLC (A)	10,362		579,650
Merit Medical Systems, Inc. (A)	10,864		822,948
Neogen Corp. (A)	41,833		660,125
Nevro Corp. (A)	6,730		97,181
Omnicell, Inc. (A)	8,590		251,086
OraSure Technologies, Inc. (A)	14,136		86,936
Orchestra BioMed Holdings, Inc. (A)	3,034		15,989
Orthofix Medical, Inc. (A)	6,789		98,576
OrthoPediatrics Corp. (A)	2,951		86,051
Outset Medical, Inc. (A)	10,364		23,008
Paragon 28, Inc. (A)	9,182		113,398
PROCEPT BioRobotics Corp. (A)	7,777		384,339
Pulmonx Corp. (A)	7,865		72,909
Pulse Biosciences, Inc. (A)	3,344		29,126
RxSight, Inc. (A)	5,551		286,321
Sanara Medtech, Inc. (A)	930		34,410
Semler Scientific, Inc. (A)	865		25,267
SI-BONE, Inc. (A)	7,786		127,457
Sight Sciences, Inc. (A)	2,071		10,935
Silk Road Medical, Inc. (A)	7,477		136,979
STAAR Surgical Company (A)	9,319		356,731
Surmodics, Inc. (A)	2,751		80,714
Tactile Systems Technology, Inc. (A)	4,323		70,249
TransMedics Group, Inc. (A)	6,110		451,773
Treace Medical Concepts, Inc. (A)	9,386		122,487
UFP Technologies, Inc. (A)	1,388		350,054
Utah Medical Products, Inc.	598		42,524
Varex Imaging Corp. (A)	7,538		136,438
Zimvie, Inc. (A)	5,129		84,577
Zynex, Inc. (A)(B)	1,288		15,933
			13,351,640
Health care providers and services – 2.4%
23andMe Holding Company, Class A (A)	57,787		30,743
Accolade, Inc. (A)	13,967		146,374
AdaptHealth Corp. (A)	18,186		209,321
Addus HomeCare Corp. (A)	3,088		319,114
Agiliti, Inc. (A)	6,277		63,523
Alignment Healthcare, Inc. (A)	17,009		84,365
AMN Healthcare Services, Inc. (A)	7,312		457,073
Astrana Health, Inc. (A)	8,425		353,766
Aveanna Healthcare Holdings, Inc. (A)	10,376		25,836
BrightSpring Health Services, Inc. (A)	4,060		44,132
Brookdale Senior Living, Inc. (A)	35,997		237,940
CareMax, Inc. (A)	586		2,825
Castle Biosciences, Inc. (A)	5,000		110,750
Community Health Systems, Inc. (A)	23,459		82,107
CorVel Corp. (A)	1,683		442,562
Cross Country Healthcare, Inc. (A)	6,534		122,316
DocGo, Inc. (A)	16,361		66,098
Enhabit, Inc. (A)	9,612		111,980
Fulgent Genetics, Inc. (A)	4,290		93,093

Small Cap Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Health care providers and services (continued)
Guardant Health, Inc. (A)	21,711	$	447,898
HealthEquity, Inc. (A)	16,326		1,332,691
Hims & Hers Health, Inc. (A)	23,924		370,104
InfuSystem Holdings, Inc. (A)	3,385		29,009
LifeStance Health Group, Inc. (A)	20,666		127,509
ModivCare, Inc. (A)	2,503		58,695
Nano-X Imaging, Ltd. (A)(B)	9,578		93,577
National HealthCare Corp.	2,385		225,406
National Research Corp.	3,022		119,701
NeoGenomics, Inc. (A)	24,394		383,474
OPKO Health, Inc. (A)(B)	86,860		104,232
Option Care Health, Inc. (A)	32,133		1,077,741
Owens & Minor, Inc. (A)	14,119		391,237
P3 Health Partners, Inc. (A)	9,337		9,617
Patterson Companies, Inc.	15,973		441,653
Pediatrix Medical Group, Inc. (A)	15,978		160,259
PetIQ, Inc. (A)	5,402		98,749
Privia Health Group, Inc. (A)	21,690		424,907
Progyny, Inc. (A)	15,314		584,229
Quipt Home Medical Corp. (A)	9,436		41,235
RadNet, Inc. (A)	11,573		563,142
Select Medical Holdings Corp.	20,066		604,990
Surgery Partners, Inc. (A)	14,443		430,835
The Ensign Group, Inc.	10,484		1,304,419
The Joint Corp. (A)	2,607		34,047
The Pennant Group, Inc. (A)	5,666		111,224
US Physical Therapy, Inc.	2,849		321,567
Viemed Healthcare, Inc. (A)	6,622		62,445
			12,958,510
Health care technology – 0.3%
American Well Corp., Class A (A)	52,950		42,927
Definitive Healthcare Corp. (A)	9,782		78,941
Evolent Health, Inc., Class A (A)	21,595		708,100
Health Catalyst, Inc. (A)	10,692		80,511
HealthStream, Inc.	4,323		115,251
MultiPlan Corp. (A)	79,993		64,890
OptimizeRx Corp. (A)	3,263		39,645
Phreesia, Inc. (A)	10,219		244,541
Schrodinger, Inc. (A)	10,371		280,017
Sharecare, Inc. (A)	56,157		43,101
Simulations Plus, Inc.	3,111		128,018
TruBridge, Inc. (A)	3,141		28,960
			1,854,902
Life sciences tools and services – 0.3%
Adaptive Biotechnologies Corp. (A)	24,284		77,952
Akoya Biosciences, Inc. (A)	6,182		28,994
BioLife Solutions, Inc. (A)	6,822		126,548
Codexis, Inc. (A)	13,821		48,235
CryoPort, Inc. (A)	8,570		151,689
Cytek Biosciences, Inc. (A)	24,301		163,060
Harvard Bioscience, Inc. (A)	8,949		37,944
MaxCyte, Inc. (A)	17,031		71,360
Mesa Laboratories, Inc.	1,000		109,730
OmniAb, Inc. (A)	18,681		101,251
OmniAb, Inc., $12.50 Earnout Shares (A)(C)	1,176		0
OmniAb, Inc., $15.00 Earnout Shares (A)(C)	1,176		0
Pacific Biosciences of California, Inc. (A)	50,305		188,644
Quanterix Corp. (A)	7,070		166,569
Quantum-Si, Inc. (A)(B)	19,037		37,503
Seer, Inc. (A)	5,160		9,804

 

206

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Small Cap Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Life sciences tools and services (continued)
Standard BioTools, Inc. (A)	1,673	$	4,534
			1,323,817
Pharmaceuticals – 1.6%
Aclaris Therapeutics, Inc. (A)	14,788		18,337
Amneal Pharmaceuticals, Inc. (A)	24,625		149,228
Amphastar Pharmaceuticals, Inc. (A)	7,325		321,641
Amylyx Pharmaceuticals, Inc. (A)	10,098		28,678
ANI Pharmaceuticals, Inc. (A)	2,936		202,966
Arvinas, Inc. (A)	9,716		401,076
Assertio Holdings, Inc. (A)	16,090		15,435
Atea Pharmaceuticals, Inc. (A)	15,112		61,052
Axsome Therapeutics, Inc. (A)	6,877		548,785
Biote Corp., Class A (A)	1,464		8,491
Cara Therapeutics, Inc. (A)	11,861		10,794
Cassava Sciences, Inc. (A)(B)	7,857		159,419
CinCor Pharma, Inc. (A)(C)	5,189		15,878
Collegium Pharmaceutical, Inc. (A)	6,337		246,002
Corcept Therapeutics, Inc. (A)	15,958		401,982
CorMedix, Inc. (A)(B)	10,474		44,410
Edgewise Therapeutics, Inc. (A)	10,294		187,763
Enliven Therapeutics, Inc. (A)(B)	5,028		88,443
Evolus, Inc. (A)	8,408		117,712
EyePoint Pharmaceuticals, Inc. (A)	6,720		138,902
Harmony Biosciences Holdings, Inc. (A)	6,441		216,289
Harrow, Inc. (A)(B)	5,839		77,250
Ikena Oncology, Inc. (A)	6,502		9,233
Innoviva, Inc. (A)	11,509		175,397
Intra-Cellular Therapies, Inc. (A)	18,057		1,249,544
Ligand Pharmaceuticals, Inc. (A)	3,338		244,008
Liquidia Corp. (A)	9,615		141,821
Longboard Pharmaceuticals, Inc. (A)	4,305		92,988
Marinus Pharmaceuticals, Inc. (A)	10,781		97,460
Neumora Therapeutics, Inc. (A)	3,105		42,694
NGM Biopharmaceuticals, Inc. (A)	6,252		9,941
Nuvation Bio, Inc. (A)	31,034		112,964
Ocular Therapeutix, Inc. (A)	20,979		190,909
Omeros Corp. (A)(B)	13,375		46,144
Optinose, Inc. (A)	6,544		9,554
Pacira BioSciences, Inc. (A)	8,787		256,756
Phathom Pharmaceuticals, Inc. (A)	6,338		67,310
Phibro Animal Health Corp., Class A	4,931		63,758
Pliant Therapeutics, Inc. (A)	11,123		165,733
Prestige Consumer Healthcare, Inc. (A)	9,597		696,358
Revance Therapeutics, Inc. (A)	17,297		85,101
Scilex Holding Company (A)	11,186		17,786
scPharmaceuticals, Inc. (A)	6,543		32,846
SIGA Technologies, Inc.	8,910		76,270
Supernus Pharmaceuticals, Inc. (A)	9,528		325,000
Taro Pharmaceutical Industries, Ltd. (A)	1,759		74,476
Tarsus Pharmaceuticals, Inc. (A)	5,771		209,776
Terns Pharmaceuticals, Inc. (A)	9,106		59,735
Theravance Biopharma, Inc. (A)(B)	10,189		91,395
Third Harmonic Bio, Inc. (A)	4,479		42,282
Trevi Therapeutics, Inc. (A)	5,535		19,096
Ventyx Biosciences, Inc. (A)	8,193		45,062
Verrica Pharmaceuticals, Inc. (A)	2,053		12,154
WaVe Life Sciences, Ltd. (A)	12,870		79,408
Xeris Biopharma Holdings, Inc. (A)	26,138		57,765
Zevra Therapeutics, Inc. (A)	8,704		50,483
			8,411,740
			78,515,478
Industrials – 16.8%
Aerospace and defense – 0.8%
AAR Corp. (A)	6,576		393,705

Small Cap Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Aerospace and defense (continued)
AeroVironment, Inc. (A)	5,115	$	784,027
AerSale Corp. (A)	5,421		38,923
Archer Aviation, Inc., Class A (A)(B)	30,085		138,993
Astronics Corp. (A)	5,050		96,152
Cadre Holdings, Inc.	3,855		139,551
Ducommun, Inc. (A)	2,740		140,562
Eve Holding, Inc. (A)	1,796		9,698
Kaman Corp.	5,625		258,019
Kratos Defense & Security Solutions, Inc. (A)	25,169		462,606
Leonardo DRS, Inc. (A)	13,522		298,701
Moog, Inc., Class A	5,567		888,772
National Presto Industries, Inc.	1,060		88,828
Park Aerospace Corp.	3,869		64,341
Rocket Lab USA, Inc. (A)	55,871		229,630
Triumph Group, Inc. (A)	12,778		192,181
V2X, Inc. (A)	2,423		113,178
Virgin Galactic Holdings, Inc. (A)	63,795		94,417
			4,432,284
Air freight and logistics – 0.1%
Air Transport Services Group, Inc. (A)	9,862		135,701
Forward Air Corp.	5,136		159,781
Hub Group, Inc., Class A	11,769		508,656
Radiant Logistics, Inc. (A)	7,047		38,195
			842,333
Building products – 2.0%
AAON, Inc.	12,998		1,145,124
American Woodmark Corp. (A)	3,036		308,640
Apogee Enterprises, Inc.	4,112		243,430
AZZ, Inc.	4,741		366,527
CSW Industrials, Inc.	2,964		695,354
Gibraltar Industries, Inc. (A)	5,888		474,161
Griffon Corp.	7,557		554,230
Insteel Industries, Inc.	3,708		141,720
Janus International Group, Inc. (A)	16,276		246,256
JELD-WEN Holding, Inc. (A)	16,226		344,478
Masonite International Corp. (A)	4,208		553,142
Masterbrand, Inc. (A)	24,558		460,217
Quanex Building Products Corp.	6,298		242,032
Resideo Technologies, Inc. (A)	28,060		629,105
Simpson Manufacturing Company, Inc.	8,231		1,688,837
UFP Industries, Inc.	11,448		1,408,218
Zurn Elkay Water Solutions Corp.	28,330		948,205
			10,449,676
Commercial services and supplies – 1.5%
ABM Industries, Inc.	12,024		536,511
ACCO Brands Corp.	18,303		102,680
ACV Auctions, Inc., Class A (A)	24,368		457,387
Aris Water Solutions, Inc., Class A	5,922		83,796
BrightView Holdings, Inc. (A)	7,988		95,057
Casella Waste Systems, Inc., Class A (A)	10,862		1,073,926
CECO Environmental Corp. (A)	5,952		137,015
Cimpress PLC (A)	3,421		302,793
CoreCivic, Inc. (A)	21,664		338,175
Deluxe Corp.	8,449		173,965
Ennis, Inc.	5,413		111,021
Enviri Corp. (A)	15,822		144,771
Healthcare Services Group, Inc. (A)	14,124		176,268
HNI Corp.	8,819		398,001
Interface, Inc.	10,757		180,933
LanzaTech Global, Inc. (A)(B)	3,471		10,743
Li-Cycle Holdings Corp. (A)	29,577		30,464
Liquidity Services, Inc. (A)	4,643		86,360
Matthews International Corp., Class A	5,837		181,414

 

207

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Small Cap Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Commercial services and supplies (continued)
MillerKnoll, Inc.	14,136	$	350,007
Montrose Environmental Group, Inc. (A)	5,540		217,002
OPENLANE, Inc. (A)	20,509		354,806
Performant Financial Corp. (A)	15,655		46,026
Pitney Bowes, Inc.	34,491		149,346
Quad/Graphics, Inc.	5,928		31,478
SP Plus Corp. (A)	3,927		205,068
Steelcase, Inc., Class A	18,162		237,559
The Brink's Company	8,550		789,849
The GEO Group, Inc. (A)	23,235		328,078
UniFirst Corp.	2,870		497,744
Viad Corp. (A)	4,119		162,659
VSE Corp.	2,523		201,840
			8,192,742
Construction and engineering – 1.9%
Ameresco, Inc., Class A (A)	6,228		150,282
API Group Corp. (A)	40,150		1,576,691
Arcosa, Inc.	9,297		798,240
Argan, Inc.	2,497		126,198
Bowman Consulting Group, Ltd. (A)	2,061		71,702
Comfort Systems USA, Inc.	6,798		2,159,793
Concrete Pumping Holdings, Inc. (A)	4,838		38,220
Construction Partners, Inc., Class A (A)	7,895		443,304
Dycom Industries, Inc. (A)	5,503		789,846
Fluor Corp. (A)	27,335		1,155,724
Granite Construction, Inc.	8,460		483,320
Great Lakes Dredge & Dock Corp. (A)	13,402		117,268
IES Holdings, Inc. (A)	1,630		198,273
Limbach Holdings, Inc. (A)	1,815		75,177
MYR Group, Inc. (A)	3,139		554,818
Northwest Pipe Company (A)	1,966		68,181
Primoris Services Corp.	10,122		430,894
Sterling Infrastructure, Inc. (A)	5,771		636,599
Tutor Perini Corp. (A)	8,095		117,054
			9,991,584
Electrical equipment – 1.4%
Allient, Inc.	2,432		86,774
Array Technologies, Inc. (A)	28,995		432,315
Atkore, Inc.	7,117		1,354,792
Blink Charging Company (A)(B)	10,486		31,563
Bloom Energy Corp., Class A (A)	37,075		416,723
Encore Wire Corp.	2,873		754,967
Energy Vault Holdings, Inc. (A)	21,237		38,014
EnerSys	7,730		730,176
Enovix Corp. (A)	27,490		220,195
Eos Energy Enterprises, Inc. (A)(B)	23,232		23,929
Fluence Energy, Inc. (A)	11,347		196,757
FTC Solar, Inc. (A)	14,832		7,994
FuelCell Energy, Inc. (A)(B)	92,525		110,105
GrafTech International, Ltd.	40,843		56,363
LSI Industries, Inc.	5,709		86,320
NEXTracker, Inc., Class A (A)	24,125		1,357,514
NuScale Power Corp. (A)(B)	10,836		57,539
Powell Industries, Inc.	1,823		259,413
Preformed Line Products Company	467		60,089
SES AI Corp. (A)	29,307		49,236
Shoals Technologies Group, Inc., Class A (A)	32,834		367,084
SKYX Platforms Corp. (A)(B)	8,128		10,648
Stem, Inc. (A)	30,154		66,037
SunPower Corp. (A)(B)	18,297		54,891
Thermon Group Holdings, Inc. (A)	6,473		211,797
TPI Composites, Inc. (A)	9,324		27,133

Small Cap Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Electrical equipment (continued)
Vicor Corp. (A)	4,411	$	168,677
			7,237,045
Ground transportation – 0.4%
ArcBest Corp.	4,563		650,228
Covenant Logistics Group, Inc.	1,569		72,739
Daseke, Inc. (A)	8,049		66,807
FTAI Infrastructure, Inc.	18,442		115,816
Heartland Express, Inc.	8,895		106,206
Marten Transport, Ltd.	11,298		208,787
PAM Transportation Services, Inc. (A)	873		14,151
RXO, Inc. (A)	22,332		488,401
Universal Logistics Holdings, Inc.	1,469		54,162
Werner Enterprises, Inc.	11,753		459,777
			2,237,074
Industrial conglomerates – 0.0%
Brookfield Business Corp., Class A	5,015		121,062
Machinery – 3.5%
374Water, Inc. (A)	13,926		17,547
3D Systems Corp. (A)	26,824		119,099
Alamo Group, Inc.	1,929		440,449
Albany International Corp., Class A	5,992		560,312
Astec Industries, Inc.	4,347		190,007
Barnes Group, Inc.	9,453		351,179
Blue Bird Corp. (A)	5,087		195,036
Chart Industries, Inc. (A)	8,249		1,358,775
Columbus McKinnon Corp.	5,321		237,476
Commercial Vehicle Group, Inc. (A)	7,280		46,810
Desktop Metal, Inc., Class A (A)	60,154		52,936
Douglas Dynamics, Inc.	4,450		107,334
Energy Recovery, Inc. (A)	10,969		173,201
Enerpac Tool Group Corp.	10,505		374,608
Enpro, Inc.	4,033		680,649
ESCO Technologies, Inc.	4,907		525,294
Federal Signal Corp.	11,487		974,902
Franklin Electric Company, Inc.	8,773		937,044
Gencor Industries, Inc. (A)	2,569		42,877
Helios Technologies, Inc.	6,377		284,988
Hillenbrand, Inc.	13,429		675,344
Hillman Solutions Corp. (A)	37,353		397,436
Hyliion Holdings Corp. (A)	18,519		32,593
Hyster-Yale Materials Handling, Inc.	2,165		138,928
John Bean Technologies Corp.	6,084		638,151
Kadant, Inc.	2,244		736,256
Kennametal, Inc.	14,846		370,259
Lindsay Corp.	2,187		257,322
Luxfer Holdings PLC	5,237		54,308
Mayville Engineering Company, Inc. (A)	2,041		29,248
Microvast Holdings, Inc. (A)(B)	19,918		16,671
Miller Industries, Inc.	2,209		110,671
Mueller Industries, Inc.	21,455		1,157,068
Mueller Water Products, Inc., Class A	29,787		479,273
Nikola Corp. (A)(B)	126,799		131,871
Omega Flex, Inc.	712		50,502
Park-Ohio Holdings Corp.	1,667		44,476
Proto Labs, Inc. (A)	4,916		175,747
REV Group, Inc.	5,924		130,861
SPX Technologies, Inc. (A)	8,478		1,043,896
Standex International Corp.	2,254		410,724
Tennant Company	3,503		426,000
Terex Corp.	12,722		819,297
The Gorman-Rupp Company	4,636		183,354
The Greenbrier Companies, Inc.	5,781		301,190
The Manitowoc Company, Inc. (A)	6,416		90,722
The Shyft Group, Inc.	6,386		79,314

 

208

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Small Cap Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Machinery (continued)
Titan International, Inc. (A)	10,343	$	128,874
Trinity Industries, Inc.	15,517		432,148
Velo3D, Inc. (A)	20,462		9,322
Wabash National Corp.	9,037		270,568
Watts Water Technologies, Inc., Class A	5,191		1,103,347
			18,596,264
Marine transportation – 0.3%
Costamare, Inc.	9,227		104,726
Eagle Bulk Shipping, Inc. (B)	1,798		112,321
Genco Shipping & Trading, Ltd.	8,324		169,227
Golden Ocean Group, Ltd.	23,506		304,638
Himalaya Shipping, Ltd. (A)	6,769		52,189
Matson, Inc.	6,603		742,177
Pangaea Logistics Solutions, Ltd.	7,179		50,038
Safe Bulkers, Inc. (B)	12,697		62,977
			1,598,293
Passenger airlines – 0.4%
Allegiant Travel Company	3,024		227,435
Blade Air Mobility, Inc. (A)	11,569		32,972
Frontier Group Holdings, Inc. (A)	8,255		66,948
Hawaiian Holdings, Inc. (A)	10,189		135,819
JetBlue Airways Corp. (A)	64,538		478,872
Joby Aviation, Inc. (A)	53,690		287,778
SkyWest, Inc. (A)	7,728		533,850
Spirit Airlines, Inc.	22,397		108,401
Sun Country Airlines Holdings, Inc. (A)	7,280		109,855
			1,981,930
Professional services – 2.4%
Alight, Inc., Class A (A)	79,720		785,242
ASGN, Inc. (A)	8,812		923,145
Asure Software, Inc. (A)	4,362		33,936
Barrett Business Services, Inc.	1,133		143,574
BlackSky Technology, Inc. (A)(B)	28,482		38,736
CBIZ, Inc. (A)	9,204		722,514
Conduent, Inc. (A)	34,865		117,844
CRA International, Inc.	1,323		197,894
CSG Systems International, Inc.	5,672		292,335
EXL Service Holdings, Inc. (A)	30,949		984,178
Exponent, Inc.	9,701		802,176
First Advantage Corp.	10,857		176,101
FiscalNote Holdings, Inc. (A)	14,688		19,535
Forrester Research, Inc. (A)	2,229		48,057
Franklin Covey Company (A)	2,298		90,219
Heidrick & Struggles International, Inc.	3,719		125,182
HireRight Holdings Corp. (A)	2,706		38,615
Huron Consulting Group, Inc. (A)	3,600		347,832
ICF International, Inc.	3,601		542,419
Innodata, Inc. (A)	5,513		36,386
Insperity, Inc.	6,827		748,307
Kelly Services, Inc., Class A	6,070		151,993
Kforce, Inc.	3,559		250,981
Korn Ferry	9,859		648,328
Legalzoom.com, Inc. (A)	23,138		308,661
Maximus, Inc.	11,662		978,442
Mistras Group, Inc. (A)	3,937		37,638
NV5 Global, Inc. (A)	2,632		257,962
Parsons Corp. (A)	7,923		657,213
Planet Labs PBC (A)	33,941		86,550
Resources Connection, Inc.	6,185		81,395
Sterling Check Corp. (A)	5,797		93,216
TriNet Group, Inc.	6,159		816,006
TrueBlue, Inc. (A)	5,736		71,815
TTEC Holdings, Inc.	4,164		43,181
Upwork, Inc. (A)	23,740		291,052

Small Cap Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Professional services (continued)
Verra Mobility Corp. (A)	26,243	$	655,288
Willdan Group, Inc. (A)	2,589		75,055
			12,719,003
Trading companies and distributors – 2.1%
Alta Equipment Group, Inc.	5,064		65,579
Applied Industrial Technologies, Inc.	7,370		1,455,944
Beacon Roofing Supply, Inc. (A)	11,604		1,137,424
BlueLinx Holdings, Inc. (A)	1,643		213,984
Boise Cascade Company	7,621		1,168,833
Custom Truck One Source, Inc. (A)	12,060		70,189
Distribution Solutions Group, Inc. (A)	2,042		72,450
DNOW, Inc. (A)	20,435		310,612
DXP Enterprises, Inc. (A)	2,545		136,743
EVI Industries, Inc.	417		10,383
FTAI Aviation, Ltd.	19,153		1,288,997
GATX Corp.	6,804		911,940
Global Industrial, Inc.	2,510		112,398
GMS, Inc. (A)	7,680		747,571
H&E Equipment Services, Inc.	6,187		397,082
Herc Holdings, Inc.	5,423		912,691
Hudson Technologies, Inc. (A)	8,705		95,842
Karat Packaging, Inc.	1,321		37,794
McGrath RentCorp	4,768		588,228
MRC Global, Inc. (A)	15,946		200,441
Rush Enterprises, Inc., Class A	11,683		625,274
Rush Enterprises, Inc., Class B	1,785		95,123
Titan Machinery, Inc. (A)	4,004		99,339
Transcat, Inc. (A)	1,642		182,968
Willis Lease Finance Corp. (A)	608		30,169
Xometry, Inc., Class A (A)(B)	6,758		114,143
			11,082,141
			89,481,431
Information technology – 14.3%
Communications equipment – 0.5%
ADTRAN Holdings, Inc.	16,671		90,690
Aviat Networks, Inc. (A)	2,220		85,115
Calix, Inc. (A)	11,337		375,935
Cambium Networks Corp. (A)	2,878		12,404
Clearfield, Inc. (A)	2,441		75,280
CommScope Holding Company, Inc. (A)	43,742		57,302
Comtech Telecommunications Corp. (A)	6,575		22,552
Digi International, Inc. (A)	6,922		221,019
Extreme Networks, Inc. (A)	23,910		275,921
Harmonic, Inc. (A)	21,046		282,858
Infinera Corp. (A)	39,477		238,046
NETGEAR, Inc. (A)	5,630		88,785
NetScout Systems, Inc. (A)	13,188		288,026
Ribbon Communications, Inc. (A)	16,281		52,099
Viavi Solutions, Inc. (A)	42,918		390,125
			2,556,157
Electronic equipment, instruments and components – 2.6%
908 Devices, Inc. (A)(B)	4,339		32,759
Advanced Energy Industries, Inc.	7,184		732,624
Aeva Technologies, Inc. (A)	9,656		37,948
Arlo Technologies, Inc. (A)	17,209		217,694
Badger Meter, Inc.	5,655		915,036
Bel Fuse, Inc., Class B	2,108		127,133
Belden, Inc.	8,006		741,436
Benchmark Electronics, Inc.	6,908		207,309
Climb Global Solutions, Inc.	826		58,547
CTS Corp.	5,903		276,201
Daktronics, Inc. (A)	7,523		74,929
ePlus, Inc. (A)	5,109		401,261
Evolv Technologies Holdings, Inc. (A)	23,964		106,640

 

209

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Small Cap Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Electronic equipment, instruments and components (continued)
Fabrinet (A)	7,071	$	1,336,560
FARO Technologies, Inc. (A)	3,763		80,942
Insight Enterprises, Inc. (A)	5,393		1,000,509
Iteris, Inc. (A)	8,679		42,874
Itron, Inc. (A)	8,761		810,568
Kimball Electronics, Inc. (A)	4,613		99,871
Knowles Corp. (A)	17,029		274,167
Lightwave Logic, Inc. (A)(B)	24,182		113,172
Luna Innovations, Inc. (A)	7,290		23,364
Methode Electronics, Inc.	7,161		87,221
MicroVision, Inc. (A)	37,445		68,899
Mirion Technologies, Inc. (A)	38,403		436,642
Napco Security Technologies, Inc.	6,580		264,253
nLight, Inc. (A)	8,833		114,829
Novanta, Inc. (A)	6,858		1,198,573
OSI Systems, Inc. (A)	3,073		438,886
PAR Technology Corp. (A)	5,231		237,278
PC Connection, Inc.	2,179		143,661
Plexus Corp. (A)	5,265		499,227
Richardson Electronics, Ltd.	2,454		22,601
Rogers Corp. (A)	3,323		394,407
Sanmina Corp. (A)	10,636		661,346
ScanSource, Inc. (A)	4,776		210,335
SmartRent, Inc. (A)	36,337		97,383
TTM Technologies, Inc. (A)	19,471		304,721
Vishay Intertechnology, Inc.	24,220		549,310
Vishay Precision Group, Inc. (A)	2,399		84,757
			13,525,873
IT services – 0.4%
Applied Digital Corp. (A)(B)	15,164		64,902
BigBear.ai Holdings, Inc. (A)(B)	7,248		14,858
BigCommerce Holdings, Inc., Series 1 (A)	13,316		91,747
Brightcove, Inc. (A)	11,168		21,666
Couchbase, Inc. (A)	6,875		180,881
DigitalOcean Holdings, Inc. (A)	11,750		448,615
Fastly, Inc., Class A (A)	23,706		307,467
Grid Dynamics Holdings, Inc. (A)	11,207		137,734
Perficient, Inc. (A)	6,574		370,050
Rackspace Technology, Inc. (A)	6,252		9,878
Squarespace, Inc., Class A (A)	9,906		360,975
The Hackett Group, Inc.	4,940		120,042
Thoughtworks Holding, Inc. (A)	19,472		49,264
Tucows, Inc., Class A (A)(B)	2,224		41,277
Unisys Corp. (A)	13,120		64,419
			2,283,775
Semiconductors and semiconductor equipment – 2.8%
ACM Research, Inc., Class A (A)	9,469		275,927
Aehr Test Systems (A)(B)	5,432		67,357
Alpha & Omega Semiconductor, Ltd. (A)	4,748		104,646
Ambarella, Inc. (A)	7,469		379,201
Amkor Technology, Inc.	21,507		693,386
Atomera, Inc. (A)(B)	4,991		30,745
Axcelis Technologies, Inc. (A)	6,237		695,550
CEVA, Inc. (A)	4,639		105,352
Cohu, Inc. (A)	8,698		289,904
Credo Technology Group Holding, Ltd. (A)	22,533		477,474
Diodes, Inc. (A)	8,635		608,768
FormFactor, Inc. (A)	14,738		672,495
Ichor Holdings, Ltd. (A)	5,629		217,392
Impinj, Inc. (A)	4,494		577,075
Indie Semiconductor, Inc., Class A (A)	29,973		212,209
inTEST Corp. (A)	2,435		32,264

Small Cap Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Semiconductors and semiconductor equipment (continued)
Kulicke & Soffa Industries, Inc.	10,573	$	531,928
MACOM Technology Solutions Holdings, Inc. (A)	10,632		1,016,844
Maxeon Solar Technologies, Ltd. (A)(B)	5,692		18,954
MaxLinear, Inc. (A)	14,490		270,528
Navitas Semiconductor Corp. (A)	22,107		105,450
NVE Corp.	961		86,663
Onto Innovation, Inc. (A)	9,389		1,700,160
PDF Solutions, Inc. (A)	6,042		203,434
Photronics, Inc. (A)	11,575		327,804
Power Integrations, Inc.	10,836		775,316
Rambus, Inc. (A)	20,650		1,276,377
Semtech Corp. (A)	12,233		336,285
Silicon Laboratories, Inc. (A)	6,090		875,255
SiTime Corp. (A)	3,436		320,338
SkyWater Technology, Inc. (A)	3,755		38,188
SMART Global Holdings, Inc. (A)	9,615		253,067
Synaptics, Inc. (A)	7,569		738,432
Transphorm, Inc. (A)	2,433		11,946
Ultra Clean Holdings, Inc. (A)	8,484		389,755
Veeco Instruments, Inc. (A)	9,683		340,551
			15,057,020
Software – 6.0%
8x8, Inc. (A)	24,992		67,478
A10 Networks, Inc.	13,754		188,292
ACI Worldwide, Inc. (A)	20,826		691,631
Adeia, Inc.	20,311		221,796
Agilysys, Inc. (A)	3,919		330,215
Alarm.com Holdings, Inc. (A)	9,183		665,492
Alkami Technology, Inc. (A)	7,904		194,201
Altair Engineering, Inc., Class A (A)	10,529		907,073
American Software, Inc., Class A	7,288		83,448
Amplitude, Inc., Class A (A)	13,678		148,817
Appfolio, Inc., Class A (A)	3,691		910,717
Appian Corp., Class A (A)	7,820		312,409
Asana, Inc., Class A (A)	16,229		251,387
Aurora Innovation, Inc. (A)	67,757		191,075
AvePoint, Inc. (A)	29,494		233,592
Bit Digital, Inc. (A)(B)	15,737		45,165
Blackbaud, Inc. (A)	8,351		619,143
Blackline, Inc. (A)	10,915		704,891
Box, Inc., Class A (A)	26,902		761,865
Braze, Inc., Class A (A)	10,273		455,094
c3.ai, Inc., Class A (A)(B)	16,024		433,770
Cerence, Inc. (A)	7,838		123,449
Cipher Mining, Inc. (A)	8,042		41,416
CleanSpark, Inc. (A)	36,459		773,295
Clear Secure, Inc., Class A	16,127		343,021
CommVault Systems, Inc. (A)	8,432		855,258
Consensus Cloud Solutions, Inc. (A)	4,101		65,042
CS Disco, Inc. (A)	5,270		42,845
Digimarc Corp. (A)	2,872		78,061
Digital Turbine, Inc. (A)	20,068		52,578
Domo, Inc., Class B (A)	6,644		59,264
E2open Parent Holdings, Inc. (A)	34,906		154,983
Ebix, Inc. (A)	5,599		5,599
Enfusion, Inc., Class A (A)	7,594		70,245
Envestnet, Inc. (A)	9,610		556,515
Everbridge, Inc. (A)	8,029		279,650
EverCommerce, Inc. (A)	4,958		46,704
Expensify, Inc., Class A (A)	5,330		9,807
Freshworks, Inc., Class A (A)	31,129		566,859
Instructure Holdings, Inc. (A)	4,002		85,563
Intapp, Inc. (A)	6,474		222,058
InterDigital, Inc.	4,929		524,741

 

210

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Small Cap Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Software (continued)
Jamf Holding Corp. (A)	13,499	$	247,707
Kaltura, Inc. (A)	20,959		28,295
LivePerson, Inc. (A)(B)	14,490		14,452
LiveRamp Holdings, Inc. (A)	12,449		429,491
Marathon Digital Holdings, Inc. (A)	42,455		958,634
Matterport, Inc. (A)	53,805		121,599
MeridianLink, Inc. (A)	4,948		92,528
MicroStrategy, Inc., Class A (A)	2,836		4,834,116
Mitek Systems, Inc. (A)	8,407		118,539
Model N, Inc. (A)	7,687		218,849
N-able, Inc. (A)	13,816		180,575
NextNav, Inc. (A)	10,975		72,216
Olo, Inc., Class A (A)	20,181		110,794
ON24, Inc.	6,065		43,304
OneSpan, Inc. (A)	7,524		87,504
PagerDuty, Inc. (A)	17,115		388,168
PowerSchool Holdings, Inc., Class A (A)	11,076		235,808
Progress Software Corp.	8,418		448,764
PROS Holdings, Inc. (A)	8,492		308,514
Q2 Holdings, Inc. (A)	10,853		570,434
Qualys, Inc. (A)	7,120		1,188,114
Rapid7, Inc. (A)	11,627		570,188
Red Violet, Inc. (A)	2,116		41,368
Rimini Street, Inc. (A)	11,877		38,719
Riot Platforms, Inc. (A)	37,403		457,813
Sapiens International Corp. NV	5,969		191,963
SEMrush Holdings, Inc., Class A (A)	6,062		80,382
SolarWinds Corp. (A)	9,901		124,951
SoundHound AI, Inc., Class A (A)(B)	27,038		159,254
SoundThinking, Inc. (A)	2,149		34,126
Sprinklr, Inc., Class A (A)	20,946		257,007
Sprout Social, Inc., Class A (A)	9,305		555,602
SPS Commerce, Inc. (A)	7,040		1,301,696
Tenable Holdings, Inc. (A)	22,408		1,107,627
TeraWulf, Inc. (A)(B)	26,856		70,631
Varonis Systems, Inc. (A)	20,851		983,542
Verint Systems, Inc. (A)	11,761		389,877
Veritone, Inc. (A)	2,827		14,870
Viant Technology, Inc., Class A (A)	219		2,335
Weave Communications, Inc. (A)	6,579		75,527
Workiva, Inc. (A)	9,534		808,483
Xperi, Inc. (A)	8,353		100,737
Yext, Inc. (A)	20,497		123,597
Zeta Global Holdings Corp., Class A (A)	27,067		295,842
Zuora, Inc., Class A (A)	26,469		241,397
			32,100,443
Technology hardware, storage and peripherals – 2.0%
Corsair Gaming, Inc. (A)	7,049		86,985
Eastman Kodak Company (A)	12,372		61,241
Immersion Corp. (A)	5,933		44,379
Intevac, Inc. (A)	6,890		26,458
IonQ, Inc. (A)(B)	31,736		317,043
Super Micro Computer, Inc. (A)	9,384		9,478,122
Turtle Beach Corp. (A)	3,233		55,737
Xerox Holdings Corp.	22,246		398,203
			10,468,168
			75,991,436
Materials – 4.3%
Chemicals – 1.8%
AdvanSix, Inc.	5,112		146,203
American Vanguard Corp.	5,975		77,376
Arcadium Lithium PLC (A)	196,670		847,648
Aspen Aerogels, Inc. (A)	10,149		178,622
Avient Corp.	17,233		747,912

Small Cap Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Chemicals (continued)
Balchem Corp.	6,148	$	952,633
Cabot Corp.	10,353		954,547
Core Molding Technologies, Inc. (A)	1,363		25,802
Danimer Scientific, Inc. (A)	8,866		9,664
Ecovyst, Inc. (A)	18,555		206,888
Hawkins, Inc.	3,680		282,624
HB Fuller Company	10,304		821,641
Ingevity Corp. (A)	7,002		333,995
Innospec, Inc.	4,746		611,949
Intrepid Potash, Inc. (A)	2,276		47,477
Koppers Holdings, Inc.	3,960		218,473
Kronos Worldwide, Inc.	4,254		50,197
LSB Industries, Inc. (A)	10,462		91,856
Mativ Holdings, Inc.	10,202		191,288
Minerals Technologies, Inc.	6,153		463,198
Orion SA	10,415		244,961
Perimeter Solutions SA (A)	28,904		214,468
PureCycle Technologies, Inc. (A)(B)	22,774		141,654
Quaker Chemical Corp.	2,653		544,528
Rayonier Advanced Materials, Inc. (A)	11,964		57,188
Sensient Technologies Corp.	8,079		558,986
Stepan Company	4,085		367,813
Trinseo PLC	7,749		29,291
Tronox Holdings PLC	22,379		388,276
			9,807,158
Construction materials – 0.4%
Knife River Corp. (A)	10,818		877,123
Summit Materials, Inc., Class A (A)	22,905		1,020,876
United States Lime & Minerals, Inc.	410		122,237
			2,020,236
Containers and packaging – 0.3%
Greif, Inc., Class A	4,420		305,201
Greif, Inc., Class B	1,137		79,044
Myers Industries, Inc.	7,127		165,133
O-I Glass, Inc. (A)	29,594		490,964
Pactiv Evergreen, Inc.	8,077		115,663
Ranpak Holdings Corp. (A)	8,467		66,635
TriMas Corp.	8,317		222,313
			1,444,953
Metals and mining – 1.7%
1911 Gold Corp. (A)	5,045		494
5E Advanced Materials, Inc. (A)(B)	7,741		10,373
Alpha Metallurgical Resources, Inc.	2,221		735,529
Arch Resources, Inc.	3,452		555,047
ATI, Inc. (A)	24,694		1,263,592
Caledonia Mining Corp. PLC	2,976		32,944
Carpenter Technology Corp.	9,356		668,206
Century Aluminum Company (A)	10,178		156,639
Coeur Mining, Inc. (A)	63,994		241,257
Commercial Metals Company	22,402		1,316,566
Compass Minerals International, Inc.	6,730		105,930
Constellium SE (A)	24,469		541,010
Contango ORE, Inc. (A)	1,817		36,067
Dakota Gold Corp. (A)	13,589		32,206
Haynes International, Inc.	2,482		149,218
Hecla Mining Company	117,408		564,732
i-80 Gold Corp. (A)	37,518		50,274
Ivanhoe Electric, Inc. (A)	12,472		122,226
Kaiser Aluminum Corp.	2,986		266,829
Materion Corp.	3,897		513,430
Metallus, Inc. (A)	8,100		180,225
Novagold Resources, Inc. (A)	47,220		141,660
Olympic Steel, Inc.	1,872		132,687
Pan American Silver Corp., CVR (A)	88,114		39,475

 

211

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Small Cap Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Metals and mining (continued)
Perpetua Resources Corp. (A)	7,964	$	33,130
Piedmont Lithium, Inc. (A)	3,728		49,657
Radius Recycling, Inc.	5,036		106,411
Ramaco Resources, Inc. (A)	4,680		78,811
Ryerson Holding Corp.	5,246		175,741
SunCoke Energy, Inc.	16,482		185,752
Tredegar Corp.	6,562		42,784
Warrior Met Coal, Inc.	9,953		604,147
Worthington Steel, Inc. (A)	6,030		216,176
			9,349,225
Paper and forest products – 0.1%
Clearwater Paper Corp. (A)	3,281		143,478
Glatfelter Corp. (A)	5,573		11,146
Resolute Forest Products, Inc. (A)(C)	9,238		13,118
Sylvamo Corp.	6,892		425,512
			593,254
			23,214,826
Real estate – 5.4%
Diversified REITs – 0.5%
Alexander & Baldwin, Inc.	14,469		238,304
Alpine Income Property Trust, Inc.	2,012		30,743
American Assets Trust, Inc.	9,368		205,253
Armada Hoffler Properties, Inc.	13,546		140,878
Broadstone Net Lease, Inc.	35,507		556,395
CTO Realty Growth, Inc.	4,914		83,292
Empire State Realty Trust, Inc., Class A	24,662		249,826
Essential Properties Realty Trust, Inc.	29,767		793,588
Gladstone Commercial Corp.	7,334		101,503
Global Net Lease, Inc.	36,580		284,227
NexPoint Diversified Real Estate Trust	7,334		48,404
One Liberty Properties, Inc.	2,675		60,428
			2,792,841
Health care REITs – 0.5%
CareTrust REIT, Inc.	19,527		475,873
Community Healthcare Trust, Inc.	5,486		145,653
Diversified Healthcare Trust	47,302		116,363
Global Medical REIT, Inc.	11,897		104,099
LTC Properties, Inc.	7,888		256,439
National Health Investors, Inc.	7,923		497,802
Sabra Health Care REIT, Inc.	44,552		658,033
Universal Health Realty Income Trust	2,503		91,885
			2,346,147
Hotel and resort REITs – 0.8%
Apple Hospitality REIT, Inc.	41,275		676,085
Braemar Hotels & Resorts, Inc.	16,191		32,382
Chatham Lodging Trust	9,463		95,671
DiamondRock Hospitality Company	40,584		390,012
Pebblebrook Hotel Trust	22,717		350,069
RLJ Lodging Trust	29,106		344,033
Ryman Hospitality Properties, Inc.	11,202		1,295,063
Service Properties Trust	32,344		219,292
Summit Hotel Properties, Inc.	20,527		133,631
Sunstone Hotel Investors, Inc.	39,865		444,096
Xenia Hotels & Resorts, Inc.	20,218		303,472
			4,283,806
Industrial REITs – 0.4%
Innovative Industrial Properties, Inc.	5,329		551,765
LXP Industrial Trust	56,328		508,079
Plymouth Industrial REIT, Inc.	9,119		205,178

Small Cap Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Industrial REITs (continued)
Terreno Realty Corp.	16,150	$	1,072,360
			2,337,382
Office REITs – 0.7%
Brandywine Realty Trust	32,518		156,086
City Office REIT, Inc.	7,614		39,669
COPT Defense Properties	21,759		525,915
Douglas Emmett, Inc.	30,848		427,862
Easterly Government Properties, Inc.	18,469		212,578
Equity Commonwealth (A)	20,179		380,980
Hudson Pacific Properties, Inc.	27,162		175,195
JBG SMITH Properties	17,699		284,069
Office Properties Income Trust	10,792		22,016
Orion Office REIT, Inc.	10,849		38,080
Paramount Group, Inc.	36,389		170,664
Peakstone Realty Trust	6,695		107,990
Piedmont Office Realty Trust, Inc., Class A	24,137		169,683
Postal Realty Trust, Inc., Class A	3,350		47,972
SL Green Realty Corp.	12,436		685,597
			3,444,356
Real estate management and development – 0.6%
Anywhere Real Estate, Inc. (A)	20,167		124,632
Compass, Inc., Class A (A)	56,374		202,946
Cushman & Wakefield PLC (A)	31,473		329,208
DigitalBridge Group, Inc.	31,088		599,066
Douglas Elliman, Inc. (A)	18,235		28,811
eXp World Holdings, Inc. (B)	13,437		138,804
Forestar Group, Inc. (A)	3,521		141,509
FRP Holdings, Inc. (A)	1,411		86,635
Kennedy-Wilson Holdings, Inc.	23,383		200,626
Marcus & Millichap, Inc.	4,778		163,264
Maui Land & Pineapple Company, Inc. (A)	1,950		42,237
Newmark Group, Inc., Class A	25,795		286,067
Opendoor Technologies, Inc. (A)	109,495		331,770
RE/MAX Holdings, Inc., Class A	3,394		29,765
Redfin Corp. (A)	22,124		147,125
Tejon Ranch Company (A)	5,316		81,920
The RMR Group, Inc., Class A	3,094		74,256
The St. Joe Company	6,634		384,573
			3,393,214
Residential REITs – 0.4%
Apartment Investment and Management Company, Class A (A)	28,323		231,965
BRT Apartments Corp.	3,021		50,753
Centerspace	2,984		170,506
Elme Communities	16,702		232,492
Independence Realty Trust, Inc.	43,824		706,881
NexPoint Residential Trust, Inc.	4,502		144,919
UMH Properties, Inc.	11,717		190,284
Veris Residential, Inc.	14,979		227,831
			1,955,631
Retail REITs – 1.1%
Acadia Realty Trust	18,514		314,923
Alexander's, Inc.	440		95,542
CBL & Associates Properties, Inc.	5,232		119,865
Getty Realty Corp.	9,328		255,121
InvenTrust Properties Corp.	13,171		338,626
Kite Realty Group Trust	41,989		910,322
NETSTREIT Corp.	13,372		245,644
Phillips Edison & Company, Inc.	23,055		826,983
Retail Opportunity Investments Corp.	23,322		298,988
Saul Centers, Inc.	2,600		100,074
SITE Centers Corp.	36,477		534,388

 

212

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Small Cap Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Retail REITs (continued)
Tanger, Inc.	19,810	$	584,989
The Macerich Company	41,515		715,303
Urban Edge Properties	22,346		385,915
Whitestone REIT	7,815		98,078
			5,824,761
Specialized REITs – 0.4%
Farmland Partners, Inc.	8,538		94,772
Four Corners Property Trust, Inc.	17,609		430,892
Gladstone Land Corp.	6,793		90,619
Outfront Media, Inc.	28,085		471,547
PotlatchDeltic Corp.	15,262		717,619
Safehold, Inc.	9,074		186,924
Uniti Group, Inc.	45,636		269,252
			2,261,625
			28,639,763
Utilities – 2.4%
Electric utilities – 0.6%
ALLETE, Inc.	11,039		658,366
Genie Energy, Ltd., B Shares	3,869		58,345
MGE Energy, Inc.	7,145		562,454
Otter Tail Corp.	7,926		684,806
PNM Resources, Inc.	16,407		617,559
Portland General Electric Company	19,432		816,144
			3,397,674
Gas utilities – 0.8%
Brookfield Infrastructure Corp., Class A	23,037		830,253
Chesapeake Utilities Corp.	4,157		446,046
New Jersey Resources Corp.	18,580		797,268
Northwest Natural Holding Company	7,080		263,518
ONE Gas, Inc.	10,559		681,372
RGC Resources, Inc.	1,772		35,865
Southwest Gas Holdings, Inc.	11,889		905,110
Spire, Inc.	9,886		606,704
			4,566,136
Independent power and renewable electricity producers – 0.2%
Altus Power, Inc. (A)	12,772		61,050
Montauk Renewables, Inc. (A)	14,986		62,342
Ormat Technologies, Inc.	10,326		683,478
Sunnova Energy International, Inc. (A)(B)	21,020		128,853
			935,723
Multi-utilities – 0.4%
Avista Corp.	14,596		511,152
Black Hills Corp.	12,932		706,087
Northwestern Energy Group, Inc.	11,613		591,450
Unitil Corp.	3,112		162,913
			1,971,602
Water utilities – 0.4%
American States Water Company	7,068		510,592

Small Cap Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Water utilities (continued)
Artesian Resources Corp., Class A	1,982	$	73,552
Cadiz, Inc. (A)	10,212		29,615
California Water Service Group	11,093		515,603
Consolidated Water Company, Ltd.	2,882		84,471
Global Water Resources, Inc.	2,310		29,660
Middlesex Water Company	3,418		179,445
Pure Cycle Corp. (A)	5,271		50,075
SJW Group	5,973		338,012
The York Water Company	2,832		102,717
			1,913,742
			12,784,877
TOTAL COMMON STOCKS (Cost $402,307,098)		$	510,643,149
RIGHTS – 0.0%
Empire Petroleum Corp. (Expiration Date: 4-10-24; Strike Price: $5.00) (A)	3,180		0
TOTAL RIGHTS (Cost $0)		$	0
WARRANTS – 0.0%
Cassava Sciences, Inc. (Expiration Date: 11-15-24; Strike Price: $33.00) (A)	3,318		13,372
Nabors Industries, Ltd. (Expiration Date: 6-11-26; Strike Price: $166.67) (A)	668		5,478
TOTAL WARRANTS (Cost $0)		$	18,850
SHORT-TERM INVESTMENTS – 4.7%
Short-term funds – 4.7%
John Hancock Collateral Trust, 5.2975% (D)(E)	2,489,569		24,889,221
TOTAL SHORT-TERM INVESTMENTS (Cost $24,896,097)		$	24,889,221
Total Investments (Small Cap Index Trust) (Cost $427,203,195) – 100.5%		$	535,551,220
Other assets and liabilities, net – (0.5%)			(2,797,872)
TOTAL NET ASSETS – 100.0%		$	532,753,348

Security Abbreviations and Legend
CVR	Contingent Value Right
(A)	Non-income producing security.
(B)	All or a portion of this security is on loan as of 3-31-24. The value of securities on loan amounted to $5,370,326. In addition to the cash collateral invested in John Hancock Collateral Trust, if any, non-cash collateral of $1,660,827 in the form of U.S. Treasuries was pledged to the fund.
(C)	Security is valued using significant unobservable inputs and is classified as Level 3 in the fair value hierarchy.
(D)	The rate shown is the annualized seven-day yield as of 3-31-24.
(E)	Investment is an affiliate of the fund, the advisor and/or subadvisor. A portion of this security represents the investment of cash collateral received for securities lending. Market value of this investment amounted to $3,946,850.

 

DERIVATIVES

FUTURES

Open contracts	Number of contracts	Position	Expiration date	Notional basis^	Notional value^	Unrealized appreciation (depreciation)
Russell 2000 E-Mini Index Futures	218	Long	Jun 2024	$22,787,547	$23,390,310	$602,763
						$602,763

^ Notional basis refers to the contractual amount agreed upon at inception of open contracts; notional value represents the current value of the open contract.

213

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Small Cap Opportunities Trust

	Shares or Principal Amount	Value
COMMON STOCKS – 98.9%
Communication services – 2.1%
Diversified telecommunication services – 0.3%
ATN International, Inc.	1,281	$	40,358
Bandwidth, Inc., Class A (A)	831		15,174
Communications Systems, Inc. (A)(B)	450		549
Consolidated Communications Holdings, Inc. (A)	4,985		21,535
Frontier Communications Parent, Inc. (A)	9,484		232,358
GCI Liberty, Inc. (A)(B)	4,508		0
Liberty Global, Ltd., Class A (A)	653		11,049
Liberty Global, Ltd., Class C (A)	587		10,355
Liberty Latin America, Ltd., Class A (A)	4,204		29,302
Liberty Latin America, Ltd., Class C (A)	11,346		79,309
Lumen Technologies, Inc. (A)	22,539		35,161
Shenandoah Telecommunications Company	3,663		63,626
			538,776
Entertainment – 0.2%
IMAX Corp. (A)	796		12,871
Liberty Media Corp.-Liberty Live, Series A (A)	94		3,981
Liberty Media Corp.-Liberty Live, Series C (A)	89		3,900
Lions Gate Entertainment Corp., Class B (A)	9,367		87,207
Madison Square Garden Entertainment Corp. (A)	1,748		68,539
Reading International, Inc., Class A (A)	1,100		2,024
Sphere Entertainment Company (A)	2,347		115,191
The Marcus Corp.	2,916		41,582
			335,295
Interactive media and services – 0.2%
Bumble, Inc., Class A (A)	11,341		128,720
Cars.com, Inc. (A)	6,762		116,171
DHI Group, Inc. (A)	5,212		13,291
TrueCar, Inc. (A)	8,052		27,296
Ziff Davis, Inc. (A)	1,371		86,428
			371,906
Media – 1.2%
Advantage Solutions, Inc. (A)	9,240		40,009
AMC Networks, Inc., Class A (A)	2,542		30,834
Boston Omaha Corp., Class A (A)	2,031		31,399
Cable One, Inc.	81		34,274
comScore, Inc. (A)	142		2,187
Cumulus Media, Inc., Class A (A)	1,193		4,283
Daily Journal Corp. (A)	41		14,826
EchoStar Corp., Class A (A)	4,818		68,657
Entravision Communications Corp., Class A	5,075		8,323
Gannett Company, Inc. (A)	12,679		30,937
Gray Television, Inc.	6,546		41,371
Integral Ad Science Holding Corp. (A)	2,369		23,619
John Wiley & Sons, Inc., Class A	2,970		113,246
Liberty Broadband Corp., Series A (A)	475		27,132
Liberty Broadband Corp., Series C (A)	4,685		268,123
Liberty Media Corp.-Liberty SiriusXM, Series A (A)	4,841		143,778
Liberty Media Corp.-Liberty SiriusXM, Series C (A)	5,568		165,425
Magnite, Inc. (A)	8,348		89,741
Nexstar Media Group, Inc.	1,995		343,719
PubMatic, Inc., Class A (A)	1,596		37,857
Scholastic Corp.	2,790		105,211
Sinclair, Inc.	1,410		18,993
TEGNA, Inc.	9,600		143,424

Small Cap Opportunities Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Media (continued)
The EW Scripps Company, Class A (A)	5,843	$	22,963
The Interpublic Group of Companies, Inc.	2,411		78,671
Thryv Holdings, Inc. (A)	2,842		63,178
Urban One, Inc., Class D (A)	3,100		6,324
WideOpenWest, Inc. (A)	1,042		3,772
			1,962,276
Wireless telecommunication services – 0.2%
Spok Holdings, Inc.	2,056		32,793
Telephone & Data Systems, Inc.	7,131		114,239
United States Cellular Corp. (A)	3,882		141,693
			288,725
			3,496,978
Consumer discretionary – 15.7%
Automobile components – 2.2%
Adient PLC (A)	6,695		220,399
American Axle & Manufacturing Holdings, Inc. (A)	9,766		71,878
BorgWarner, Inc.	15,544		539,999
Cooper-Standard Holdings, Inc. (A)	1,311		21,710
Dana, Inc.	12,211		155,080
Dorman Products, Inc. (A)	6,048		582,967
Fox Factory Holding Corp. (A)	8,711		453,582
LCI Industries	1,659		204,157
Lear Corp.	1,270		183,998
Modine Manufacturing Company (A)	4,925		468,811
Motorcar Parts of America, Inc. (A)	1,585		12,743
Patrick Industries, Inc.	2,235		267,015
PHINIA, Inc.	3,108		119,440
Standard Motor Products, Inc.	1,901		63,779
Stoneridge, Inc. (A)	1,672		30,832
Strattec Security Corp. (A)	924		21,927
The Goodyear Tire & Rubber Company (A)	22,263		305,671
			3,723,988
Automobiles – 0.5%
Harley-Davidson, Inc.	7,860		343,796
Thor Industries, Inc.	2,658		311,890
Winnebago Industries, Inc.	2,220		164,280
			819,966
Broadline retail – 0.3%
Big Lots, Inc. (A)	2,901		12,561
Kohl's Corp.	8,128		236,931
Macy's, Inc.	17,886		357,541
			607,033
Distributors – 0.0%
Weyco Group, Inc.	1,316		41,954
Diversified consumer services – 1.5%
ADT, Inc.	14,064		94,510
Adtalem Global Education, Inc. (A)	4,671		240,089
American Public Education, Inc. (A)	1,450		20,590
Chegg, Inc. (A)	7,137		54,027
Graham Holdings Company, Class B	347		266,385
Grand Canyon Education, Inc. (A)	7,952		1,083,142
Laureate Education, Inc.	10,639		155,010
Lincoln Educational Services Corp. (A)	1,100		11,363
OneSpaWorld Holdings, Ltd. (A)	900		11,907
Perdoceo Education Corp.	6,679		117,283
Strategic Education, Inc.	1,856		193,247
Stride, Inc. (A)	2,888		182,088

 

214

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Small Cap Opportunities Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Diversified consumer services (continued)
Universal Technical Institute, Inc. (A)	3,087	$	49,207
			2,478,848
Hotels, restaurants and leisure – 1.2%
Ark Restaurants Corp.	64		899
Bally's Corp. (A)	1,300		18,122
Biglari Holdings, Inc., Class A (A)	3		2,775
Biglari Holdings, Inc., Class B (A)	102		19,347
BJ's Restaurants, Inc. (A)	1,781		64,437
Carrols Restaurant Group, Inc.	1,688		16,053
Chuy's Holdings, Inc. (A)	20,122		678,715
El Pollo Loco Holdings, Inc. (A)	2,613		25,451
First Watch Restaurant Group, Inc. (A)	5,900		145,258
Hilton Grand Vacations, Inc. (A)	324		15,296
Krispy Kreme, Inc.	27,655		421,324
Marriott Vacations Worldwide Corp.	1,475		158,902
Monarch Casino & Resort, Inc.	1,074		80,539
Penn Entertainment, Inc. (A)	9,680		176,273
Playa Hotels & Resorts NV (A)	13,271		128,729
RCI Hospitality Holdings, Inc.	396		22,968
			1,975,088
Household durables – 4.1%
Bassett Furniture Industries, Inc.	1,234		18,214
Beazer Homes USA, Inc. (A)	3,089		101,319
Cavco Industries, Inc. (A)	882		351,971
Century Communities, Inc.	3,320		320,380
Ethan Allen Interiors, Inc.	2,768		95,690
Flexsteel Industries, Inc.	1,118		41,701
GoPro, Inc., Class A (A)	10,155		22,646
Green Brick Partners, Inc. (A)	2,414		145,395
Helen of Troy, Ltd. (A)	1,240		142,898
Hooker Furnishings Corp.	1,821		43,722
Hovnanian Enterprises, Inc., Class A (A)	292		45,826
KB Home	6,043		428,328
La-Z-Boy, Inc.	3,404		128,058
Legacy Housing Corp. (A)	1,185		25,501
LGI Homes, Inc. (A)	1,611		187,472
Lifetime Brands, Inc.	2,931		30,717
M/I Homes, Inc. (A)	2,195		299,157
MDC Holdings, Inc.	442		27,806
Meritage Homes Corp.	2,251		394,960
Mohawk Industries, Inc. (A)	3,830		501,309
Newell Brands, Inc.	27,248		218,801
Taylor Morrison Home Corp. (A)	7,865		488,967
Toll Brothers, Inc.	7,132		922,667
TopBuild Corp. (A)	2,701		1,190,412
Tri Pointe Homes, Inc. (A)	9,765		377,515
Universal Electronics, Inc. (A)	745		7,457
VOXX International Corp. (A)	3,131		25,549
Whirlpool Corp.	100		11,963
Worthington Enterprises, Inc.	3,451		214,756
			6,811,157
Leisure products – 0.6%
American Outdoor Brands, Inc. (A)	1,873		16,482
AMMO, Inc. (A)	4,648		12,782
Brunswick Corp.	2,490		240,335
Escalade, Inc.	2,724		37,455
Funko, Inc., Class A (A)	2,763		17,241
Hasbro, Inc.	814		46,007
Johnson Outdoors, Inc., Class A	934		43,067
Malibu Boats, Inc., Class A (A)	1,146		49,599
Smith & Wesson Brands, Inc.	4,844		84,092
Solo Brands, Inc., Class A (A)	2,350		5,100
Topgolf Callaway Brands Corp. (A)	15,591		252,106

Small Cap Opportunities Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Leisure products (continued)
Vista Outdoor, Inc. (A)	4,878	$	159,901
			964,167
Specialty retail – 4.3%
1-800-Flowers.com, Inc., Class A (A)	3,196		34,613
Abercrombie & Fitch Company, Class A (A)	5,081		636,802
Academy Sports & Outdoors, Inc.	5,898		398,351
American Eagle Outfitters, Inc.	16,951		437,166
America's Car-Mart, Inc. (A)	565		36,087
Asbury Automotive Group, Inc. (A)	1,440		339,523
AutoNation, Inc. (A)	1,928		319,238
Barnes & Noble Education, Inc. (A)	4,024		2,914
Big 5 Sporting Goods Corp. (C)	2,004		7,054
Caleres, Inc.	3,065		125,757
Citi Trends, Inc. (A)	367		9,957
Conn's, Inc. (A)	2,177		7,293
Designer Brands, Inc., Class A	2,923		31,948
Destination XL Group, Inc. (A)	2,471		8,896
Duluth Holdings, Inc., Class B (A)	1,106		5,419
Foot Locker, Inc.	6,590		187,815
Genesco, Inc. (A)	1,311		36,892
Group 1 Automotive, Inc.	1,352		395,095
GrowGeneration Corp. (A)	2,529		7,233
Guess?, Inc.	5,350		168,365
Haverty Furniture Companies, Inc.	1,613		55,036
Hibbett, Inc.	1,098		84,337
Lands' End, Inc. (A)	2,354		25,635
Lithia Motors, Inc.	3,713		1,117,093
LL Flooring Holdings, Inc. (A)	1,480		2,708
MarineMax, Inc. (A)	2,016		67,052
Monro, Inc.	1,908		60,178
National Vision Holdings, Inc. (A)	2,363		52,364
Penske Automotive Group, Inc.	3,586		580,896
Petco Health & Wellness Company, Inc. (A)	1,412		3,219
PetMed Express, Inc.	654		3,133
Revolve Group, Inc. (A)	19,780		418,743
Shoe Carnival, Inc.	2,304		84,419
Signet Jewelers, Ltd.	3,675		367,757
Sonic Automotive, Inc., Class A	1,892		107,730
Sportsman's Warehouse Holdings, Inc. (A)	3,273		10,179
Stitch Fix, Inc., Class A (A)	3,724		9,831
The Aaron's Company, Inc.	1,356		10,170
The Cato Corp., Class A	1,957		11,292
The Container Store Group, Inc. (A)	3,997		4,557
The Gap, Inc.	16,361		450,746
The ODP Corp. (A)	3,276		173,792
Tilly's, Inc., Class A (A)	712		4,842
Upbound Group, Inc.	4,226		148,797
Urban Outfitters, Inc. (A)	1,376		59,746
Zumiez, Inc. (A)	1,822		27,676
			7,138,346
Textiles, apparel and luxury goods – 1.0%
Capri Holdings, Ltd. (A)	2,090		94,677
Culp, Inc. (A)	334		1,603
Delta Apparel, Inc. (A)	500		1,495
Fossil Group, Inc. (A)	3,231		3,296
G-III Apparel Group, Ltd. (A)	3,404		98,750
Lakeland Industries, Inc.	1,110		20,313
Movado Group, Inc.	1,758		49,101
Oxford Industries, Inc.	5,515		619,886
Peace Mark Holdings, Ltd. (A)(B)	464,000		0
PVH Corp.	4,130		580,719
Rocky Brands, Inc.	802		21,758

 

215

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Small Cap Opportunities Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Textiles, apparel and luxury goods (continued)
Superior Group of Companies, Inc.	663	$	10,953
Under Armour, Inc., Class A (A)	9,493		70,058
Under Armour, Inc., Class C (A)	9,336		66,659
Unifi, Inc. (A)	2,453		14,693
Vera Bradley, Inc. (A)	2,034		13,831
VF Corp.	2,901		44,501
			1,712,293
			26,272,840
Consumer staples – 2.4%
Beverages – 0.1%
MGP Ingredients, Inc.	571		49,180
The Duckhorn Portfolio, Inc. (A)	5,466		50,888
			100,068
Consumer staples distribution and retail – 0.6%
Grocery Outlet Holding Corp. (A)	6,787		195,330
Ingles Markets, Inc., Class A	1,365		104,668
Natural Grocers by Vitamin Cottage, Inc.	1,014		18,303
PriceSmart, Inc.	2,423		203,532
SpartanNash Company	3,523		71,200
The Andersons, Inc.	3,384		194,140
U.S. Foods Holding Corp. (A)	853		46,036
United Natural Foods, Inc. (A)	4,429		50,889
Village Super Market, Inc., Class A	685		19,598
Weis Markets, Inc.	2,717		174,975
			1,078,671
Food products – 1.1%
Alico, Inc.	650		19,032
B&G Foods, Inc.	1,941		22,205
Calavo Growers, Inc.	731		20,329
Cal-Maine Foods, Inc.	4,370		257,175
Darling Ingredients, Inc. (A)	2,306		107,252
Farmer Brothers Company (A)	1,069		3,816
Fresh Del Monte Produce, Inc.	3,959		102,578
Ingredion, Inc.	2,639		308,367
Limoneira Company	2,147		41,995
Mission Produce, Inc. (A)	1,134		13,461
Post Holdings, Inc. (A)	4,233		449,883
Seaboard Corp.	58		186,987
Seneca Foods Corp., Class A (A)	626		35,619
The Hain Celestial Group, Inc. (A)	4,728		37,162
The Simply Good Foods Company (A)	3,540		120,466
Tootsie Roll Industries, Inc.	380		12,171
TreeHouse Foods, Inc. (A)	4,435		172,743
Whole Earth Brands, Inc. (A)	1,600		7,728
			1,918,969
Household products – 0.3%
Central Garden & Pet Company (A)	1,553		66,515
Central Garden & Pet Company, Class A (A)	4,498		166,066
Oil-Dri Corp. of America	531		39,591
Spectrum Brands Holdings, Inc.	2,746		244,421
			516,593
Personal care products – 0.2%
Edgewell Personal Care Company	4,648		179,599
Natural Alternatives International, Inc. (A)	200		1,218
Nature's Sunshine Products, Inc. (A)	1,118		23,221
Nu Skin Enterprises, Inc., Class A	2,988		41,324
The Honest Company, Inc. (A)	4,669		18,909

Small Cap Opportunities Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Personal care products (continued)
USANA Health Sciences, Inc. (A)	245	$	11,883
			276,154
Tobacco – 0.1%
Universal Corp.	1,975		102,147
			3,992,602
Energy – 8.8%
Energy equipment and services – 1.8%
Archrock, Inc.	1,746		34,344
Bristow Group, Inc. (A)	2,307		62,750
ChampionX Corp.	21,435		769,302
Dril-Quip, Inc. (A)	2,878		64,841
Expro Group Holdings NV (A)	1,587		31,692
Forum Energy Technologies, Inc. (A)	377		7,532
Geospace Technologies Corp. (A)	516		6,806
Gulf Island Fabrication, Inc. (A)	3,019		22,190
Helix Energy Solutions Group, Inc. (A)	14,183		153,744
Helmerich & Payne, Inc.	6,377		268,217
Liberty Energy, Inc.	12,732		263,807
Nabors Industries, Ltd. (A)	530		45,649
Natural Gas Services Group, Inc. (A)	2,620		50,907
Newpark Resources, Inc. (A)	6,750		48,735
NOV, Inc.	17,759		346,656
Oil States International, Inc. (A)	4,041		24,893
Patterson-UTI Energy, Inc.	1,792		21,396
ProPetro Holding Corp. (A)	9,437		76,251
RPC, Inc.	18,389		142,331
SEACOR Marine Holdings, Inc. (A)	2,432		33,902
Seadrill, Ltd. (A)	290		14,587
Select Water Solutions, Inc.	7,658		70,683
Solaris Oilfield Infrastructure, Inc., Class A	1,100		9,537
Transocean, Ltd. (A)	48,808		306,514
U.S. Silica Holdings, Inc. (A)	7,085		87,925
			2,965,191
Oil, gas and consumable fuels – 7.0%
Adams Resources & Energy, Inc.	482		13,978
Antero Resources Corp. (A)	16,011		464,319
Ardmore Shipping Corp.	3,297		54,137
Berry Corp.	5,062		40,749
California Resources Corp.	5,201		286,575
Callon Petroleum Company (A)	5,698		203,760
Chesapeake Energy Corp.	4,129		366,779
Chord Energy Corp.	1,901		338,834
Civitas Resources, Inc.	486		36,892
Clean Energy Fuels Corp. (A)	20,254		54,281
CNX Resources Corp. (A)	15,590		369,795
Comstock Resources, Inc.	11,791		109,420
CONSOL Energy, Inc.	3,206		268,535
Delek US Holdings, Inc.	6,133		188,528
DHT Holdings, Inc.	15,373		176,790
Dorian LPG, Ltd.	3,417		131,418
DT Midstream, Inc.	5,659		345,765
Evolution Petroleum Corp.	1,700		10,438
FutureFuel Corp.	4,276		34,422
Green Plains, Inc. (A)	3,377		78,076
Hallador Energy Company (A)	1,635		8,715
HF Sinclair Corp.	10,648		642,820
International Seaways, Inc.	3,851		204,873
Magnolia Oil & Gas Corp., Class A	29,636		769,054
Matador Resources Company	18,714		1,249,534
Murphy Oil Corp.	10,625		485,563
NACCO Industries, Inc., Class A	700		21,140
Nordic American Tankers, Ltd.	14,173		55,558
Northern Oil and Gas, Inc.	817		32,419

 

216

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Small Cap Opportunities Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Oil, gas and consumable fuels (continued)
Overseas Shipholding Group, Inc., Class A	5,561	$	35,590
Ovintiv, Inc.	5,307		275,433
PBF Energy, Inc., Class A	9,233		531,544
Peabody Energy Corp.	9,665		234,473
Permian Resources Corp.	73,245		1,293,507
PHX Minerals, Inc.	557		1,899
Range Resources Corp.	10,799		371,810
REX American Resources Corp. (A)	1,688		99,102
Riley Exploration Permian, Inc.	491		16,203
SandRidge Energy, Inc.	3,343		48,708
Scorpio Tankers, Inc.	4,270		305,519
SFL Corp., Ltd.	10,526		138,733
Sitio Royalties Corp., Class A	914		22,594
SM Energy Company	7,412		369,488
Southwestern Energy Company (A)	53,266		403,756
Talos Energy, Inc. (A)	8,311		115,772
Teekay Corp. (A)	5,602		40,783
Teekay Tankers, Ltd., Class A	2,780		162,380
Vitesse Energy, Inc.	1,343		31,869
World Kinect Corp.	5,267		139,312
			11,681,642
			14,646,833
Financials – 21.1%
Banks – 12.2%
1st Source Corp.	2,362		123,816
ACNB Corp.	394		14,814
Amalgamated Financial Corp.	2,221		53,304
Amerant Bancorp, Inc.	2,770		64,513
American National Bankshares, Inc.	991		47,330
Ameris Bancorp	14,627		707,654
Ames National Corp.	500		10,090
Arrow Financial Corp.	1,150		28,773
Associated Banc-Corp.	14,499		311,873
Atlantic Union Bankshares Corp.	7,632		269,486
Axos Financial, Inc. (A)	5,257		284,088
Banc of California, Inc.	10,927		166,200
Bank of Marin Bancorp	1,851		31,041
Bank OZK	9,354		425,233
BankFinancial Corp.	2,146		22,533
BankUnited, Inc.	7,029		196,812
Bankwell Financial Group, Inc.	400		10,376
Banner Corp.	3,379		162,192
Bar Harbor Bankshares	1,690		44,751
BayCom Corp.	1,125		23,186
BCB Bancorp, Inc.	1,477		15,435
Berkshire Hills Bancorp, Inc.	4,838		110,887
Blue Foundry Bancorp (A)	912		8,536
Blue Ridge Bankshares, Inc.	682		1,835
BOK Financial Corp.	5,102		469,384
Bridgewater Bancshares, Inc. (A)	798		9,289
Brookline Bancorp, Inc.	7,292		72,628
Business First Bancshares, Inc.	1,362		30,345
Byline Bancorp, Inc.	3,345		72,653
C&F Financial Corp.	627		30,723
Cadence Bank	13,177		382,133
Cambridge Bancorp	121		8,247
Camden National Corp.	1,722		57,721
Capital City Bank Group, Inc.	1,865		51,661
Capitol Federal Financial, Inc.	11,378		67,813
Capstar Financial Holdings, Inc.	972		19,537
Carter Bankshares, Inc. (A)	1,494		18,884
Cathay General Bancorp	7,390		279,564
Central Pacific Financial Corp.	2,460		48,585
Chemung Financial Corp.	723		30,713

Small Cap Opportunities Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Banks (continued)
Citizens & Northern Corp.	960	$	18,029
Civista Bancshares, Inc.	1,114		17,133
CNB Financial Corp.	1,562		31,849
Colony Bankcorp, Inc.	959		11,029
Comerica, Inc.	6,128		336,979
Community Bank System, Inc.	4,349		208,882
Community Trust Bancorp, Inc.	1,615		68,880
Community West Bancshares	600		11,934
ConnectOne Bancorp, Inc.	2,683		52,319
CrossFirst Bankshares, Inc. (A)	3,053		42,254
Customers Bancorp, Inc. (A)	2,568		136,258
CVB Financial Corp.	7,286		129,982
Dime Community Bancshares, Inc.	3,811		73,400
Eagle Bancorp, Inc.	2,765		64,950
Eastern Bankshares, Inc.	3,103		42,759
Enterprise Bancorp, Inc.	246		6,389
Enterprise Financial Services Corp.	3,028		122,816
Equity Bancshares, Inc., Class A	1,442		49,562
ESSA Bancorp, Inc.	897		16,352
Evans Bancorp, Inc.	380		11,347
Farmers National Banc Corp.	1,865		24,916
FB Financial Corp.	3,353		126,274
Financial Institutions, Inc.	1,481		27,872
First Bancorp (North Carolina)	3,759		135,775
First Bancorp (Puerto Rico)	16,660		292,216
First Bank	900		12,366
First Busey Corp.	4,369		105,074
First Business Financial Services, Inc.	1,366		51,225
First Commonwealth Financial Corp.	8,341		116,107
First Community Bankshares, Inc.	2,201		76,221
First Financial Bancorp	8,400		188,328
First Financial Corp.	1,432		54,889
First Financial Northwest, Inc.	1,100		22,616
First Foundation, Inc.	4,373		33,016
First Hawaiian, Inc.	9,183		201,659
First Horizon Corp.	25,469		392,223
First Internet Bancorp	777		26,993
First Interstate BancSystem, Inc., Class A	4,845		131,832
First Merchants Corp.	5,458		190,484
First Mid Bancshares, Inc.	1,570		51,308
First Northwest Bancorp	800		12,520
First Western Financial, Inc. (A)	421		6,138
Flushing Financial Corp.	2,921		36,834
FNB Corp.	25,636		361,468
FS Bancorp, Inc.	400		13,884
Fulton Financial Corp.	13,791		219,139
German American Bancorp, Inc.	1,155		40,009
Great Southern Bancorp, Inc.	1,117		61,234
Guaranty Bancshares, Inc.	693		21,039
Hancock Whitney Corp.	7,556		347,878
Hanmi Financial Corp.	3,082		49,065
HarborOne Bancorp, Inc.	4,217		44,953
Heartland Financial USA, Inc.	3,376		118,666
Heritage Commerce Corp.	5,322		45,663
Heritage Financial Corp.	2,815		54,583
Hilltop Holdings, Inc.	4,528		141,817
Home Bancorp, Inc.	902		34,556
Home BancShares, Inc.	5,517		135,553
HomeStreet, Inc.	1,802		27,120
HomeTrust Bancshares, Inc.	560		15,310
Hope Bancorp, Inc.	10,431		120,061
Horizon Bancorp, Inc.	4,654		59,711
Independent Bank Corp. (Massachusetts)	2,735		142,275
Independent Bank Corp. (Michigan)	1,806		45,782

 

217

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Small Cap Opportunities Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Banks (continued)
Independent Bank Group, Inc.	3,460	$	157,949
International Bancshares Corp.	4,680		262,735
Investar Holding Corp.	500		8,180
Kearny Financial Corp.	6,261		40,321
Lakeland Bancorp, Inc.	5,402		65,364
LCNB Corp.	600		9,564
Live Oak Bancshares, Inc.	752		31,216
Macatawa Bank Corp.	5,091		49,841
Mercantile Bank Corp.	1,666		64,124
Metrocity Bankshares, Inc.	637		15,900
Metropolitan Bank Holding Corp. (A)	762		29,337
Mid Penn Bancorp, Inc.	1,196		23,932
Midland States Bancorp, Inc.	1,553		39,027
MidWestOne Financial Group, Inc.	1,343		31,480
MVB Financial Corp.	300		6,693
National Bank Holdings Corp., Class A	1,336		48,190
National Bankshares, Inc.	622		20,781
NBT Bancorp, Inc.	3,950		144,886
Nicolet Bankshares, Inc.	928		79,799
Northeast Bank	770		42,612
Northfield Bancorp, Inc.	4,825		46,899
Northrim BanCorp, Inc.	647		32,680
Northwest Bancshares, Inc.	9,669		112,644
Norwood Financial Corp.	1,188		32,325
OceanFirst Financial Corp.	5,012		82,247
OFG Bancorp	4,124		151,804
Old National Bancorp	19,537		340,139
Old Second Bancorp, Inc.	3,374		46,696
OP Bancorp	1,000		9,980
Origin Bancorp, Inc.	1,486		46,423
Orrstown Financial Services, Inc.	500		13,385
Pacific Premier Bancorp, Inc.	7,695		184,680
Pathward Financial, Inc.	1,912		96,518
PCB Bancorp	836		13,652
Peapack-Gladstone Financial Corp.	1,625		39,536
Penns Woods Bancorp, Inc.	1,188		23,059
Peoples Bancorp, Inc.	2,883		85,366
Pinnacle Financial Partners, Inc.	9,750		837,330
Popular, Inc.	5,455		480,531
Preferred Bank	672		51,589
Premier Financial Corp.	2,871		58,281
Primis Financial Corp.	3,850		46,855
Prosperity Bancshares, Inc.	6,242		410,599
Provident Financial Holdings, Inc.	1,778		23,790
Provident Financial Services, Inc.	7,633		111,213
QCR Holdings, Inc.	1,449		88,012
RBB Bancorp	1,075		19,361
Renasant Corp.	4,994		156,412
Republic Bancorp, Inc., Class A	1,449		73,899
Riverview Bancorp, Inc.	3,925		18,526
S&T Bancorp, Inc.	3,436		110,227
Sandy Spring Bancorp, Inc.	3,344		77,514
Seacoast Banking Corp. of Florida	2,776		70,483
Shore Bancshares, Inc.	2,923		33,615
Sierra Bancorp	1,759		35,532
Simmons First National Corp., Class A	9,236		179,733
SmartFinancial, Inc.	886		18,668
South Plains Financial, Inc.	443		11,855
Southern First Bancshares, Inc. (A)	537		17,055
Southern Missouri Bancorp, Inc.	1,012		44,235
Southside Bancshares, Inc.	1,224		35,778
SouthState Corp.	4,513		383,740
Stellar Bancorp, Inc.	783		19,074
Synovus Financial Corp.	6,966		279,058
Territorial Bancorp, Inc.	1,722		13,879

Small Cap Opportunities Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Banks (continued)
Texas Capital Bancshares, Inc. (A)	3,434	$	211,363
The Bank of NT Butterfield & Son, Ltd.	904		28,919
The First Bancorp, Inc.	1,316		32,426
The First Bancshares, Inc.	1,916		49,720
The First of Long Island Corp.	2,386		26,461
The Hingham Institution for Savings (C)	69		12,038
Tompkins Financial Corp.	505		25,396
Towne Bank	5,579		156,547
TriCo Bancshares	1,406		51,713
Triumph Financial, Inc. (A)	540		42,833
Trustmark Corp.	4,932		138,639
UMB Financial Corp.	1,305		113,522
United Bankshares, Inc.	7,422		265,633
United Community Banks, Inc.	6,679		175,791
Unity Bancorp, Inc.	430		11,868
Univest Financial Corp.	2,739		57,026
Valley National Bancorp	26,605		211,776
Veritex Holdings, Inc.	3,741		76,653
WaFd, Inc.	6,248		181,379
Washington Trust Bancorp, Inc.	1,035		27,821
Webster Financial Corp.	7,844		398,240
WesBanco, Inc.	5,865		174,836
Western Alliance Bancorp	2,506		160,860
Western New England Bancorp, Inc.	3,609		27,681
Wintrust Financial Corp.	3,511		366,513
WSFS Financial Corp.	4,396		198,435
Zions Bancorp NA	7,356		319,250
			20,434,540
Capital markets – 2.0%
Affiliated Managers Group, Inc.	123		20,599
AssetMark Financial Holdings, Inc. (A)	472		16,714
Houlihan Lokey, Inc.	6,779		869,000
Invesco, Ltd.	24,463		405,841
Janus Henderson Group PLC	9,860		324,295
Oppenheimer Holdings, Inc., Class A	1,182		47,185
PJT Partners, Inc., Class A	9,524		897,732
Stifel Financial Corp.	7,066		552,349
StoneX Group, Inc. (A)	2,062		144,876
Virtus Investment Partners, Inc.	126		31,245
			3,309,836
Consumer finance – 1.4%
Ally Financial, Inc.	18,145		736,506
Atlanticus Holdings Corp. (A)	505		14,943
Bread Financial Holdings, Inc.	4,838		180,167
Consumer Portfolio Services, Inc. (A)	1,066		8,059
Encore Capital Group, Inc. (A)	2,509		114,435
Enova International, Inc. (A)	3,425		215,193
EZCORP, Inc., Class A (A)	4,801		54,395
Green Dot Corp., Class A (A)	3,440		32,095
LendingClub Corp. (A)	7,056		62,022
Navient Corp.	12,275		213,585
Nelnet, Inc., Class A	2,648		250,633
Nicholas Financial, Inc. (A)	75		507
OneMain Holdings, Inc.	7,534		384,912
PRA Group, Inc. (A)	3,071		80,092
PROG Holdings, Inc.	1,042		35,886
Regional Management Corp.	573		13,872
World Acceptance Corp. (A)	141		20,442
			2,417,744
Financial services – 2.0%
Acacia Research Corp. (A)	2,172		11,577
Alerus Financial Corp.	904		19,734
A-Mark Precious Metals, Inc.	1,892		58,065
BM Technologies, Inc. (A)	367		606

 

218

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Small Cap Opportunities Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Financial services (continued)
California First Leasing Corp. (A)	278	$	5,157
Cannae Holdings, Inc. (A)	798		17,748
Essent Group, Ltd.	3,880		230,899
Federal Agricultural Mortgage Corp., Class C	694		136,635
Flywire Corp. (A)	31,779		788,437
Jackson Financial, Inc., Class A	5,691		376,403
Merchants Bancorp	1,376		59,416
MGIC Investment Corp.	17,269		386,135
Mr. Cooper Group, Inc. (A)	3,087		240,632
NCR Atleos Corp. (A)	382		7,545
NMI Holdings, Inc., Class A (A)	5,822		188,283
Ocwen Financial Corp. (A)	315		8,508
Paysafe, Ltd. (A)	1,393		21,995
PennyMac Financial Services, Inc.	3,720		338,855
Radian Group, Inc.	10,338		346,013
TrustCo Bank Corp. NY	1,826		51,420
Walker & Dunlop, Inc.	615		62,152
Waterstone Financial, Inc.	3,099		37,715
			3,393,930
Insurance – 3.5%
Ambac Financial Group, Inc. (A)	3,281		51,282
American Equity Investment Life Holding Company (A)	7,384		415,128
Assured Guaranty, Ltd.	5,503		480,137
Axis Capital Holdings, Ltd.	5,166		335,893
Brighthouse Financial, Inc. (A)	5,409		278,780
CNO Financial Group, Inc.	9,319		256,086
Donegal Group, Inc., Class A	2,876		40,667
Employers Holdings, Inc.	2,283		103,625
Enstar Group, Ltd. (A)	1,090		338,728
F&G Annuities & Life, Inc.	527		21,370
First American Financial Corp.	4,838		295,360
Fundamental Global, Inc. (A)	1,114		1,537
Genworth Financial, Inc., Class A (A)	36,213		232,850
Globe Life, Inc.	342		39,799
Greenlight Capital Re, Ltd., Class A (A)	2,616		32,622
Heritage Insurance Holdings, Inc. (A)	657		6,997
Horace Mann Educators Corp.	3,303		122,178
Investors Title Company	189		30,843
James River Group Holdings, Ltd.	2,157		20,060
Kemper Corp.	995		61,610
MBIA, Inc. (A)	1,892		12,790
Mercury General Corp.	4,889		252,272
National Western Life Group, Inc., Class A	221		108,723
Old Republic International Corp.	17,917		550,410
Oscar Health, Inc., Class A (A)	6,663		99,079
ProAssurance Corp. (A)	4,655		59,863
Reinsurance Group of America, Inc.	585		112,835
Safety Insurance Group, Inc.	612		50,300
SiriusPoint, Ltd. (A)	10,334		131,345
Stewart Information Services Corp.	1,817		118,214
Tiptree, Inc.	3,689		63,746
United Fire Group, Inc.	1,897		41,298
Universal Insurance Holdings, Inc.	3,287		66,792
Unum Group	10,883		583,982
White Mountains Insurance Group, Ltd.	205		367,832
			5,785,033
			35,341,083
Health care – 10.9%
Biotechnology – 3.3%
Achillion Pharmaceuticals, Inc. (A)(B)	10,940		16,623
Agios Pharmaceuticals, Inc. (A)	6,006		175,615

Small Cap Opportunities Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Biotechnology (continued)
Allogene Therapeutics, Inc. (A)	4,442	$	19,856
Anika Therapeutics, Inc. (A)	1,585		40,259
Arcturus Therapeutics Holdings, Inc. (A)	790		26,678
Arcutis Biotherapeutics, Inc. (A)	27,440		271,930
BioCryst Pharmaceuticals, Inc. (A)	58,708		298,237
Crinetics Pharmaceuticals, Inc. (A)	16,250		760,663
Dynavax Technologies Corp. (A)	6,329		78,543
Eagle Pharmaceuticals, Inc. (A)	585		3,065
Emergent BioSolutions, Inc. (A)	2,676		6,770
Generation Bio Company (A)	4,046		16,467
Halozyme Therapeutics, Inc. (A)	14,615		594,538
Insmed, Inc. (A)	23,300		632,129
iTeos Therapeutics, Inc. (A)	1,538		20,978
Kodiak Sciences, Inc. (A)	1,185		6,233
Krystal Biotech, Inc. (A)	2,995		532,900
Myriad Genetics, Inc. (A)	1,635		34,858
PDL BioPharma, Inc. (A)(B)	5,434		3,260
Sage Therapeutics, Inc. (A)	2,666		49,961
Sutro Biopharma, Inc. (A)	1,765		9,972
Travere Therapeutics, Inc. (A)	26,357		203,212
Ultragenyx Pharmaceutical, Inc. (A)	10,705		499,816
Vanda Pharmaceuticals, Inc. (A)	4,716		19,383
Veracyte, Inc. (A)	24,531		543,607
Vericel Corp. (A)	13,227		688,069
			5,553,622
Health care equipment and supplies – 1.9%
AngioDynamics, Inc. (A)	3,198		18,772
Artivion, Inc. (A)	19,047		403,035
AtriCure, Inc. (A)	10,593		322,239
Avanos Medical, Inc. (A)	4,440		88,400
Enovis Corp. (A)	5,061		316,059
Envista Holdings Corp. (A)	10,702		228,809
FONAR Corp. (A)	463		9,890
Globus Medical, Inc., Class A (A)	10,480		562,147
ICU Medical, Inc. (A)	2,108		226,231
Inogen, Inc. (A)	1,678		13,541
Integer Holdings Corp. (A)	2,433		283,882
Integra LifeSciences Holdings Corp. (A)	10,282		364,497
Kewaunee Scientific Corp. (A)	83		2,826
LENSAR, Inc. (A)	783		2,780
LivaNova PLC (A)	1,624		90,847
Omnicell, Inc. (A)	344		10,055
OraSure Technologies, Inc. (A)	4,040		24,846
Orthofix Medical, Inc. (A)	2,161		31,378
QuidelOrtho Corp. (A)	824		39,503
Tactile Systems Technology, Inc. (A)	1,515		24,619
Utah Medical Products, Inc.	289		20,551
Varex Imaging Corp. (A)	4,007		72,527
			3,157,434
Health care providers and services – 2.3%
Acadia Healthcare Company, Inc. (A)	9,180		727,240
AdaptHealth Corp. (A)	1,098		12,638
Addus HomeCare Corp. (A)	1,766		182,498
Agiliti, Inc. (A)	3,789		38,345
Amedisys, Inc. (A)	2,199		202,660
Brookdale Senior Living, Inc. (A)	14,458		95,567
Castle Biosciences, Inc. (A)	726		16,081
Cross Country Healthcare, Inc. (A)	3,819		71,492
Enhabit, Inc. (A)	1,091		12,710
Fulgent Genetics, Inc. (A)	2,388		51,820
HealthEquity, Inc. (A)	8,780		716,711
National HealthCare Corp.	1,428		134,960
NeoGenomics, Inc. (A)	1,332		20,939
OPKO Health, Inc. (A)	8,398		10,078
Owens & Minor, Inc. (A)	6,034		167,202

 

219

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Small Cap Opportunities Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Health care providers and services (continued)
Patterson Companies, Inc.	7,120	$	196,868
Pediatrix Medical Group, Inc. (A)	5,689		57,061
PetIQ, Inc. (A)	1,147		20,967
Premier, Inc., Class A	7,830		173,043
Select Medical Holdings Corp.	2,451		73,898
US Physical Therapy, Inc.	7,009		791,106
			3,773,884
Health care technology – 0.2%
American Well Corp., Class A (A)	9,568		7,757
Certara, Inc. (A)	5,777		103,293
Definitive Healthcare Corp. (A)	1,330		10,733
Health Catalyst, Inc. (A)	2,468		18,584
HealthStream, Inc.	1,969		52,494
Teladoc Health, Inc. (A)	7,613		114,956
TruBridge, Inc. (A)	1,067		9,838
Veradigm, Inc. (A)	7,752		59,690
			377,345
Life sciences tools and services – 1.4%
Azenta, Inc. (A)	17,122		1,032,091
Bio-Rad Laboratories, Inc., Class A (A)	796		275,313
CryoPort, Inc. (A)	15,095		267,182
Harvard Bioscience, Inc. (A)	5,200		22,048
MaxCyte, Inc. (A)	3,699		15,499
Medpace Holdings, Inc. (A)	1,776		717,770
Mesa Laboratories, Inc.	169		18,544
OmniAb, Inc. (A)	3,101		16,807
OmniAb, Inc., $12.50 Earnout Shares (A)(B)	240		0
OmniAb, Inc., $15.00 Earnout Shares (A)(B)	240		0
Personalis, Inc. (A)	1,146		1,708
Revvity, Inc.	131		13,755
Seer, Inc. (A)	2,095		3,981
			2,384,698
Pharmaceuticals – 1.8%
ANI Pharmaceuticals, Inc. (A)	800		55,304
Catalent, Inc. (A)	2,622		148,012
Cumberland Pharmaceuticals, Inc. (A)	956		1,606
Elanco Animal Health, Inc. (A)	26,472		430,964
Innoviva, Inc. (A)	7,202		109,758
Intra-Cellular Therapies, Inc. (A)	10,412		720,510
Ligand Pharmaceuticals, Inc. (A)	1,301		95,103
Nektar Therapeutics (A)	10,585		9,889
Organon & Company	695		13,066
Pacira BioSciences, Inc. (A)	358		10,461
Perrigo Company PLC	9,542		307,157
Phathom Pharmaceuticals, Inc. (A)	25,481		270,608
Phibro Animal Health Corp., Class A	1,429		18,477
Prestige Consumer Healthcare, Inc. (A)	777		56,379
Supernus Pharmaceuticals, Inc. (A)	22,657		772,830
Taro Pharmaceutical Industries, Ltd. (A)	1,003		42,467
			3,062,591
			18,309,574
Industrials – 18.5%
Aerospace and defense – 1.0%
AAR Corp. (A)	3,353		200,744
AerSale Corp. (A)	635		4,559
Ducommun, Inc. (A)	1,245		63,869
Hexcel Corp.	11,420		831,947
Kaman Corp.	1,770		81,190
Kratos Defense & Security Solutions, Inc. (A)	3,850		70,763
Mercury Systems, Inc. (A)	3,577		105,522

Small Cap Opportunities Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Aerospace and defense (continued)
Moog, Inc., Class A	748	$	119,418
National Presto Industries, Inc.	644		53,967
Park Aerospace Corp.	2,083		34,640
SIFCO Industries, Inc. (A)	1,000		3,180
V2X, Inc. (A)	1,029		48,065
			1,617,864
Air freight and logistics – 0.2%
Air Transport Services Group, Inc. (A)	7,279		100,159
Hub Group, Inc., Class A	4,836		209,012
Radiant Logistics, Inc. (A)	3,764		20,401
			329,572
Building products – 1.6%
American Woodmark Corp. (A)	1,615		164,181
Apogee Enterprises, Inc.	2,178		128,938
AZZ, Inc.	1,376		106,379
Gibraltar Industries, Inc. (A)	13,046		1,050,594
Hayward Holdings, Inc. (A)	2,363		36,178
Insteel Industries, Inc.	1,689		64,554
JELD-WEN Holding, Inc. (A)	4,097		86,979
Masonite International Corp. (A)	1,126		148,013
Masterbrand, Inc. (A)	1,555		29,141
Owens Corning	455		75,894
Quanex Building Products Corp.	3,929		150,991
Resideo Technologies, Inc. (A)	11,229		251,754
UFP Industries, Inc.	3,823		470,267
			2,763,863
Commercial services and supplies – 1.0%
ABM Industries, Inc.	5,899		263,213
ACCO Brands Corp.	8,323		46,692
Acme United Corp.	733		34,444
Brady Corp., Class A	3,025		179,322
BrightView Holdings, Inc. (A)	8,669		103,161
CECO Environmental Corp. (A)	3,081		70,925
Civeo Corp.	673		18,070
Deluxe Corp.	3,291		67,762
Ennis, Inc.	2,608		53,490
Enviri Corp. (A)	7,551		69,092
Healthcare Services Group, Inc. (A)	2,180		27,206
HNI Corp.	1,894		85,476
Interface, Inc.	2,884		48,509
Matthews International Corp., Class A	2,517		78,228
MillerKnoll, Inc.	1,587		39,294
NL Industries, Inc.	3,260		23,896
OPENLANE, Inc. (A)	8,224		142,275
Steelcase, Inc., Class A	6,532		85,439
UniFirst Corp.	667		115,678
Virco Manufacturing Corp.	1,200		13,116
VSE Corp.	1,368		109,440
			1,674,728
Construction and engineering – 1.1%
Arcosa, Inc.	4,464		383,279
Argan, Inc.	1,446		73,081
Cadeler A/S, ADR (A)	947		17,179
Concrete Pumping Holdings, Inc. (A)	1,800		14,220
Granite Construction, Inc.	3,746		214,009
Great Lakes Dredge & Dock Corp. (A)	6,888		60,270
IES Holdings, Inc. (A)	1,180		143,535
MasTec, Inc. (A)	496		46,252
MDU Resources Group, Inc.	8,560		215,712
Northwest Pipe Company (A)	1,306		45,292
Orion Group Holdings, Inc. (A)	4,263		34,957
Primoris Services Corp.	4,151		176,708
Sterling Infrastructure, Inc. (A)	2,528		278,864
Tutor Perini Corp. (A)	4,167		60,255

 

220

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Small Cap Opportunities Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Construction and engineering (continued)
Valmont Industries, Inc.	120	$	27,394
			1,791,007
Electrical equipment – 1.7%
Allient, Inc.	300		10,704
Atkore, Inc.	6,033		1,148,442
Encore Wire Corp.	1,593		418,609
EnerSys	1,533		144,807
LSI Industries, Inc.	4,131		62,461
Powell Industries, Inc.	1,244		177,021
Preformed Line Products Company	492		63,306
Regal Rexnord Corp.	1,102		198,470
Sensata Technologies Holding PLC	4,009		147,291
Shoals Technologies Group, Inc., Class A (A)	29,680		331,822
Sunrun, Inc. (A)	2,009		26,479
Thermon Group Holdings, Inc. (A)	3,483		113,964
Ultralife Corp. (A)	1,984		17,479
			2,860,855
Ground transportation – 1.1%
ArcBest Corp.	2,462		350,835
Covenant Logistics Group, Inc.	1,513		70,143
Heartland Express, Inc.	4,107		49,038
Hertz Global Holdings, Inc. (A)	1,310		10,257
Knight-Swift Transportation Holdings, Inc.	8,732		480,435
Marten Transport, Ltd.	6,368		117,681
PAM Transportation Services, Inc. (A)	2,085		33,798
Ryder System, Inc.	3,393		407,805
Schneider National, Inc., Class B	3,459		78,312
Universal Logistics Holdings, Inc.	600		22,122
Werner Enterprises, Inc.	4,155		162,544
			1,782,970
Machinery – 5.1%
3D Systems Corp. (A)	5,104		22,662
AGCO Corp.	3,294		405,228
Alamo Group, Inc.	4,902		1,119,274
Albany International Corp., Class A	743		69,478
Astec Industries, Inc.	2,415		105,560
Barnes Group, Inc.	4,989		185,341
Columbus McKinnon Corp.	13,878		619,375
Commercial Vehicle Group, Inc. (A)	2,492		16,024
Enpro, Inc.	1,502		253,493
ESCO Technologies, Inc.	1,885		201,789
Gates Industrial Corp. PLC (A)	45,870		812,358
Gencor Industries, Inc. (A)	2,100		35,049
Graham Corp. (A)	333		9,084
Helios Technologies, Inc.	1,138		50,857
Hillenbrand, Inc.	14,594		733,932
Hurco Companies, Inc.	1,054		21,249
Hyster-Yale Materials Handling, Inc.	466		29,903
Kennametal, Inc.	6,313		157,446
LB Foster Company, Class A (A)	1,699		46,400
Luxfer Holdings PLC	633		6,564
Mayville Engineering Company, Inc. (A)	1,096		15,706
Miller Industries, Inc.	1,434		71,843
Mueller Industries, Inc.	4,486		241,930
NN, Inc. (A)	2,376		11,262
Park-Ohio Holdings Corp.	749		19,983
Perma-Pipe International Holdings, Inc. (A)	1,100		8,690
Proto Labs, Inc. (A)	1,588		56,771
RBC Bearings, Inc. (A)	2,779		751,303
REV Group, Inc.	5,224		115,398
SPX Technologies, Inc. (A)	10,880		1,339,654

Small Cap Opportunities Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Machinery (continued)
Standex International Corp.	310	$	56,488
Stratasys, Ltd. (A)	1,753		20,370
Tennant Company	600		72,966
Terex Corp.	1,727		111,219
The Eastern Company	1,471		50,146
The Gorman-Rupp Company	1,454		57,506
The Greenbrier Companies, Inc.	2,830		147,443
The LS Starrett Company, Class A (A)	1,530		24,312
The Manitowoc Company, Inc. (A)	3,343		47,270
The Timken Company	1,134		99,146
Titan International, Inc. (A)	3,936		49,043
Trinity Industries, Inc.	7,997		222,716
Twin Disc, Inc.	1,650		27,275
Wabash National Corp.	1,980		59,281
			8,578,787
Marine transportation – 0.5%
Costamare, Inc.	9,592		108,869
Eagle Bulk Shipping, Inc.	1,293		80,774
Genco Shipping & Trading, Ltd.	4,550		92,502
Kirby Corp. (A)	2,936		279,860
Matson, Inc.	2,868		322,363
Pangaea Logistics Solutions, Ltd.	1,768		12,323
			896,691
Passenger airlines – 0.7%
Alaska Air Group, Inc. (A)	10,508		451,739
Allegiant Travel Company	1,247		93,787
Copa Holdings SA, Class A	905		94,265
Hawaiian Holdings, Inc. (A)	3,931		52,400
JetBlue Airways Corp. (A)	22,528		167,158
SkyWest, Inc. (A)	3,644		251,728
Spirit Airlines, Inc. (C)	5,129		24,824
			1,135,901
Professional services – 2.1%
Alight, Inc., Class A (A)	5,088		50,117
Asure Software, Inc. (A)	1,391		10,822
BGSF, Inc.	800		8,328
CACI International, Inc., Class A (A)	1,773		671,666
Clarivate PLC (A)	26,193		194,614
Concentrix Corp.	1,811		119,924
Conduent, Inc. (A)	14,444		48,821
Dun & Bradstreet Holdings, Inc.	7,293		73,222
Exponent, Inc.	7,960		658,212
First Advantage Corp.	1,878		30,461
Genpact, Ltd.	677		22,307
Heidrick & Struggles International, Inc.	1,672		56,280
Huron Consulting Group, Inc. (A)	876		84,639
ICF International, Inc.	1,429		215,250
Kelly Services, Inc., Class A	3,287		82,306
Korn Ferry	3,492		229,634
ManpowerGroup, Inc.	2,142		166,305
Mistras Group, Inc. (A)	2,232		21,338
NV5 Global, Inc. (A)	533		52,239
Paycor HCM, Inc. (A)	30,344		589,887
Resources Connection, Inc.	4,120		54,219
TrueBlue, Inc. (A)	3,219		40,302
Willdan Group, Inc. (A)	400		11,596
			3,492,489
Trading companies and distributors – 2.4%
Air Lease Corp.	9,143		470,316
Beacon Roofing Supply, Inc. (A)	2,458		240,933
BlueLinx Holdings, Inc. (A)	893		116,304
Boise Cascade Company	3,470		532,194
Distribution Solutions Group, Inc. (A)	1,306		46,337
DNOW, Inc. (A)	9,968		151,514

 

221

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Small Cap Opportunities Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Trading companies and distributors (continued)
DXP Enterprises, Inc. (A)	1,767	$	94,941
GMS, Inc. (A)	1,599		155,647
Hudson Technologies, Inc. (A)	2,645		29,121
McGrath RentCorp	1,288		158,901
MRC Global, Inc. (A)	2,745		34,505
Rush Enterprises, Inc., Class A	5,371		287,456
Rush Enterprises, Inc., Class B	1,675		89,261
SiteOne Landscape Supply, Inc. (A)	6,011		1,049,220
Titan Machinery, Inc. (A)	2,366		58,700
WESCO International, Inc.	2,849		487,977
Willis Lease Finance Corp. (A)	406		20,146
			4,023,473
			30,948,200
Information technology – 10.3%
Communications equipment – 0.7%
Aviat Networks, Inc. (A)	829		31,784
Comtech Telecommunications Corp. (A)	2,706		9,282
Digi International, Inc. (A)	4,035		128,838
Juniper Networks, Inc.	6,436		238,518
KVH Industries, Inc. (A)	910		4,641
NETGEAR, Inc. (A)	3,326		52,451
NetScout Systems, Inc. (A)	5,946		129,861
Optical Cable Corp. (A)	931		2,635
Ribbon Communications, Inc. (A)	8,541		27,331
Viasat, Inc. (A)	3,404		61,578
Viavi Solutions, Inc. (A)	48,362		439,611
			1,126,530
Electronic equipment, instruments and components – 3.4%
Arrow Electronics, Inc. (A)	5,466		707,628
Avnet, Inc.	8,420		417,464
Bel Fuse, Inc., Class B	1,641		98,969
Belden, Inc.	3,100		287,091
Benchmark Electronics, Inc.	3,813		114,428
Climb Global Solutions, Inc.	138		9,781
Coherent Corp. (A)	2,177		131,970
CTS Corp.	3,299		154,360
Daktronics, Inc. (A)	3,929		39,133
ePlus, Inc. (A)	1,924		151,111
FARO Technologies, Inc. (A)	684		14,713
Frequency Electronics, Inc. (A)	1,783		19,417
Key Tronic Corp. (A)	1,900		8,854
Kimball Electronics, Inc. (A)	3,036		65,729
Knowles Corp. (A)	7,107		114,423
Methode Electronics, Inc.	2,971		36,187
Mirion Technologies, Inc. (A)	1,282		14,576
Novanta, Inc. (A)	6,619		1,156,803
OSI Systems, Inc. (A)	1,258		179,668
PC Connection, Inc.	2,391		157,639
Plexus Corp. (A)	2,005		190,114
RF Industries, Ltd. (A)	120		372
Richardson Electronics, Ltd.	1,461		13,456
Rogers Corp. (A)	1,273		151,092
Sanmina Corp. (A)	4,939		307,107
ScanSource, Inc. (A)	2,542		111,950
TD SYNNEX Corp.	5,567		629,628
TTM Technologies, Inc. (A)	10,649		166,657
Vishay Intertechnology, Inc.	10,499		238,117
Vishay Precision Group, Inc. (A)	1,686		59,566
			5,748,003
IT services – 0.3%
Brightcove, Inc. (A)	2,443		4,739
DXC Technology Company (A)	15,631		331,534
Fastly, Inc., Class A (A)	2,307		29,922
Information Services Group, Inc.	4,400		17,776

Small Cap Opportunities Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
IT services (continued)
Thoughtworks Holding, Inc. (A)	74,280	$	187,928
Twilio, Inc., Class A (A)	377		23,054
			594,953
Semiconductors and semiconductor equipment – 2.7%
Allegro MicroSystems, Inc. (A)	15,709		423,515
Alpha & Omega Semiconductor, Ltd. (A)	2,746		60,522
Amkor Technology, Inc.	16,310		525,834
Amtech Systems, Inc. (A)	2,404		13,006
AXT, Inc. (A)	4,229		19,411
CEVA, Inc. (A)	1,976		44,875
Cohu, Inc. (A)	4,842		161,384
Diodes, Inc. (A)	2,678		188,799
Ichor Holdings, Ltd. (A)	2,659		102,691
Kulicke & Soffa Industries, Inc.	4,804		241,689
MACOM Technology Solutions Holdings, Inc. (A)	9,114		871,663
Magnachip Semiconductor Corp. (A)	2,526		14,095
MaxLinear, Inc. (A)	981		18,315
Photronics, Inc. (A)	5,882		166,578
Power Integrations, Inc.	7,357		526,393
Silicon Laboratories, Inc. (A)	5,522		793,622
Ultra Clean Holdings, Inc. (A)	3,668		168,508
Veeco Instruments, Inc. (A)	2,996		105,369
			4,446,269
Software – 3.1%
ACI Worldwide, Inc. (A)	9,923		329,543
Appfolio, Inc., Class A (A)	4,027		993,622
Aware, Inc. (A)	2,160		4,039
Cerence, Inc. (A)	2,239		35,264
CleanSpark, Inc. (A)	5,547		117,652
Cognyte Software, Ltd. (A)	402		3,325
Consensus Cloud Solutions, Inc. (A)	218		3,457
CyberArk Software, Ltd. (A)	5,133		1,363,479
Digital Turbine, Inc. (A)	2,201		5,767
E2open Parent Holdings, Inc. (A)	4,078		18,106
Intapp, Inc. (A)	23,283		798,607
Matterport, Inc. (A)	13,199		29,830
Mitek Systems, Inc. (A)	1,915		27,002
NCR Voyix Corp. (A)	765		9,662
Olo, Inc., Class A (A)	2,125		11,666
ON24, Inc.	2,666		19,035
OneSpan, Inc. (A)	1,048		12,188
Rapid7, Inc. (A)	6,501		318,809
SecureWorks Corp., Class A (A)	1,000		6,720
SolarWinds Corp. (A)	12,240		154,469
The Descartes Systems Group, Inc. (A)	8,888		813,519
Upland Software, Inc. (A)	1,064		3,288
Verint Systems, Inc. (A)	1,067		35,371
Xperi, Inc. (A)	1,943		23,433
			5,137,853
Technology hardware, storage and peripherals – 0.1%
AstroNova, Inc. (A)	1,439		25,643
Xerox Holdings Corp.	12,185		218,112
			243,755
			17,297,363
Materials – 7.2%
Chemicals – 3.1%
AdvanSix, Inc.	2,405		68,783
Alto Ingredients, Inc. (A)	3,300		7,194
American Vanguard Corp.	2,933		37,982
Arcadium Lithium PLC (A)	1,263		5,444
Ashland, Inc.	4,068		396,101
Avient Corp.	20,770		901,418

 

222

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Small Cap Opportunities Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Chemicals (continued)
Balchem Corp.	4,414	$	683,949
Core Molding Technologies, Inc. (A)	1,000		18,930
Ecovyst, Inc. (A)	9,373		104,509
Hawkins, Inc.	560		43,008
Huntsman Corp.	15,185		395,266
Innospec, Inc.	1,890		243,697
Intrepid Potash, Inc. (A)	1,117		23,301
Koppers Holdings, Inc.	1,694		93,458
Kronos Worldwide, Inc.	3,820		45,076
LSB Industries, Inc. (A)	3,748		32,907
Mativ Holdings, Inc.	4,760		89,250
Minerals Technologies, Inc.	2,720		204,762
Olin Corp.	5,905		347,214
Perimeter Solutions SA (A)	1,880		13,950
Quaker Chemical Corp.	3,830		786,108
Rayonier Advanced Materials, Inc. (A)	4,555		21,773
Sensient Technologies Corp.	269		18,612
Stepan Company	1,794		161,532
The Mosaic Company	6,509		211,282
Tronox Holdings PLC	13,420		232,837
			5,188,343
Containers and packaging – 1.2%
Berry Global Group, Inc.	7,897		477,611
Graphic Packaging Holding Company	1,465		42,749
Greif, Inc., Class A	1,784		123,185
Greif, Inc., Class B	913		63,472
International Paper Company	2,185		85,259
Myers Industries, Inc.	617		14,296
O-I Glass, Inc. (A)	7,974		132,289
Pactiv Evergreen, Inc.	3,705		53,056
Ranpak Holdings Corp. (A)	1,842		14,497
Silgan Holdings, Inc.	1,655		80,367
Sonoco Products Company	2,178		125,976
TriMas Corp.	1,856		49,611
Westrock Company	13,906		687,652
			1,950,020
Metals and mining – 2.8%
Alcoa Corp.	13,696		462,788
Alpha Metallurgical Resources, Inc.	1,110		367,599
Ampco-Pittsburgh Corp. (A)	1,644		3,567
Arch Resources, Inc.	1,503		241,667
Ascent Industries Company (A)	2,209		22,510
Carpenter Technology Corp.	4,715		336,745
Century Aluminum Company (A)	4,406		67,808
Cleveland-Cliffs, Inc. (A)	29,634		673,877
Coeur Mining, Inc. (A)	26,119		98,469
Commercial Metals Company	8,423		495,020
Compass Minerals International, Inc.	1,647		25,924
Friedman Industries, Inc.	1,511		28,316
Haynes International, Inc.	1,127		67,755
Hecla Mining Company	42,155		202,766
Materion Corp.	1,721		226,742
Metallus, Inc. (A)	3,682		81,925
MP Materials Corp. (A)	2,290		32,747
Nexa Resources SA (A)	900		6,444
Olympic Steel, Inc.	1,438		101,925
Radius Recycling, Inc.	3,077		65,017
Ryerson Holding Corp.	2,583		86,531
SunCoke Energy, Inc.	6,433		72,500
Tredegar Corp.	1,654		10,784
U.S. Steel Corp.	13,527		551,631
Universal Stainless & Alloy Products, Inc. (A)	1,562		35,020
Warrior Met Coal, Inc.	3,785		229,750

Small Cap Opportunities Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Metals and mining (continued)
Worthington Steel, Inc. (A)	3,451	$	123,718
			4,719,545
Paper and forest products – 0.1%
Clearwater Paper Corp. (A)	1,597		69,837
Glatfelter Corp. (A)	4,610		9,220
Mercer International, Inc.	7,458		74,207
Resolute Forest Products, Inc. (A)(B)	7,541		10,708
Sylvamo Corp.	300		18,522
			182,494
			12,040,402
Real estate – 1.7%
Hotel and resort REITs – 0.4%
Ryman Hospitality Properties, Inc.	5,942		686,955
Industrial REITs – 0.4%
STAG Industrial, Inc.	16,332		627,802
Real estate management and development – 0.9%
Anywhere Real Estate, Inc. (A)	9,125		56,393
Cushman & Wakefield PLC (A)	14,309		149,672
Douglas Elliman, Inc. (A)	6,219		9,826
Five Point Holdings LLC, Class A (A)	2,659		8,323
Forestar Group, Inc. (A)	2,613		105,016
FRP Holdings, Inc. (A)	931		57,163
Howard Hughes Holdings, Inc. (A)	3,339		242,478
Jones Lang LaSalle, Inc. (A)	2,430		474,069
Kennedy-Wilson Holdings, Inc.	9,598		82,351
Marcus & Millichap, Inc.	3,679		125,711
Newmark Group, Inc., Class A	7,419		82,277
Rafael Holdings, Inc., Class B (A)	500		860
RE/MAX Holdings, Inc., Class A	2,193		19,233
Stratus Properties, Inc. (A)	1,025		23,401
Tejon Ranch Company (A)	2,396		36,922
			1,473,695
			2,788,452
Utilities – 0.2%
Electric utilities – 0.1%
Genie Energy, Ltd., B Shares	1,000		15,080
NRG Energy, Inc.	1,467		99,301
			114,381
Independent power and renewable electricity producers – 0.1%
Brookfield Renewable Corp., Class A	1,596		39,214
Ormat Technologies, Inc.	878		58,115
Sunnova Energy International, Inc. (A)	7,526		46,134
			143,463
			257,844
TOTAL COMMON STOCKS (Cost $134,068,985)		$	165,392,171
PREFERRED SECURITIES – 0.0%
Industrials – 0.0%
Trading companies and distributors – 0.0%
WESCO International, Inc., 10.625% (10.625% to 6-22-25, then 5 Year CMT + 10.325%)	1,507		39,649
TOTAL PREFERRED SECURITIES (Cost $37,663)		$	39,649

 

223

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Small Cap Opportunities Trust (continued)

	Shares or Principal Amount	Value
SHORT-TERM INVESTMENTS – 0.8%
Short-term funds – 0.8%
John Hancock Collateral Trust, 5.2975% (D)(E)	4,425	$	44,243
State Street Institutional Treasury Money Market Fund, Premier Class, 5.1810% (D)	1,326,384		1,326,384
TOTAL SHORT-TERM INVESTMENTS (Cost $1,370,639)		$	1,370,627
Total Investments (Small Cap Opportunities Trust) (Cost $135,477,287) – 99.7%		$	166,802,447
Other assets and liabilities, net – 0.3%			439,672
TOTAL NET ASSETS – 100.0%		$	167,242,119

Security Abbreviations and Legend
ADR	American Depositary Receipt
CMT	Constant Maturity Treasury
(A)	Non-income producing security.
(B)	Security is valued using significant unobservable inputs and is classified as Level 3 in the fair value hierarchy.
(C)	All or a portion of this security is on loan as of 3-31-24. The value of securities on loan amounted to $42,797.
(D)	The rate shown is the annualized seven-day yield as of 3-31-24.
(E)	Investment is an affiliate of the fund, the advisor and/or subadvisor. This security represents the investment of cash collateral received for securities lending.

Small Cap Stock Trust

	Shares or Principal Amount	Value
COMMON STOCKS – 98.4%
Communication services – 3.2%
Entertainment – 0.7%
Eventbrite, Inc., Class A (A)	386,693	$	2,119,078
Interactive media and services – 1.5%
CarGurus, Inc. (A)	86,191		1,989,288
Ziff Davis, Inc. (A)	39,490		2,489,450
			4,478,738
Media – 1.0%
Criteo SA, ADR (A)	81,181		2,847,018
			9,444,834
Consumer discretionary – 11.9%
Automobile components – 0.8%
Visteon Corp. (A)	18,981		2,232,355
Broadline retail – 0.8%
Global-e Online, Ltd. (A)	63,770		2,318,040
Diversified consumer services – 2.3%
Duolingo, Inc. (A)	6,146		1,355,685
European Wax Center, Inc., Class A (A)(B)	155,714		2,021,168
H&R Block, Inc.	70,097		3,442,464
			6,819,317
Hotels, restaurants and leisure – 3.1%
Boyd Gaming Corp.	53,676		3,613,468
Genius Sports, Ltd. (A)	347,833		1,986,126

Small Cap Stock Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Hotels, restaurants and leisure (continued)
Wingstop, Inc.	9,088	$	3,329,843
			8,929,437
Household durables – 1.7%
Skyline Champion Corp. (A)	57,479		4,886,290
Leisure products – 0.7%
YETI Holdings, Inc. (A)	54,056		2,083,859
Specialty retail – 1.6%
Abercrombie & Fitch Company, Class A (A)	19,992		2,505,597
Boot Barn Holdings, Inc. (A)	24,198		2,302,440
			4,808,037
Textiles, apparel and luxury goods – 0.9%
Crocs, Inc. (A)	18,639		2,680,288
			34,757,623
Consumer staples – 5.2%
Beverages – 2.2%
Celsius Holdings, Inc. (A)	78,616		6,518,839
Personal care products – 3.0%
e.l.f. Beauty, Inc. (A)	44,202		8,664,918
			15,183,757
Energy – 5.3%
Energy equipment and services – 2.3%
Cactus, Inc., Class A	80,020		4,008,202
Seadrill, Ltd. (A)	56,384		2,836,115
			6,844,317
Oil, gas and consumable fuels – 3.0%
Chord Energy Corp.	19,576		3,489,226
Viper Energy, Inc.	135,095		5,195,754
			8,684,980
			15,529,297
Financials – 4.2%
Banks – 0.9%
Cadence Bank	97,146		2,817,234
Capital markets – 1.1%
PJT Partners, Inc., Class A	33,696		3,176,185
Insurance – 1.1%
SiriusPoint, Ltd. (A)	245,211		3,116,632
Mortgage real estate investment trusts – 1.1%
Hannon Armstrong Sustainable Infrastructure Capital, Inc.	109,915		3,121,586
			12,231,637
Health care – 21.5%
Biotechnology – 10.5%
Akero Therapeutics, Inc. (A)	47,041		1,188,256
Amicus Therapeutics, Inc. (A)	97,575		1,149,434
Apellis Pharmaceuticals, Inc. (A)	20,918		1,229,560
Apogee Therapeutics, Inc. (A)	28,346		1,883,592
Blueprint Medicines Corp. (A)	22,869		2,169,353
Celldex Therapeutics, Inc. (A)	51,988		2,181,936
Crinetics Pharmaceuticals, Inc. (A)	28,888		1,352,247
Cytokinetics, Inc. (A)	32,519		2,279,907
Immatics NV (A)	104,340		1,096,613
Immunocore Holdings PLC, ADR (A)	23,333		1,516,645
Intellia Therapeutics, Inc. (A)	26,412		726,594
Kymera Therapeutics, Inc. (A)	25,647		1,031,009
Merus NV (A)	33,703		1,517,646
Morphic Holding, Inc. (A)	24,022		845,574
Prothena Corp. PLC (A)	17,225		426,663
PTC Therapeutics, Inc. (A)	32,830		955,025
REVOLUTION Medicines, Inc. (A)	74,496		2,401,006

 

224

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Small Cap Stock Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Biotechnology (continued)
Rocket Pharmaceuticals, Inc. (A)	88,067	$	2,372,525
Syndax Pharmaceuticals, Inc. (A)	70,280		1,672,664
Vaxcyte, Inc. (A)	36,503		2,493,520
			30,489,769
Health care equipment and supplies – 7.4%
Glaukos Corp. (A)	22,641		2,134,820
Haemonetics Corp. (A)	47,052		4,015,888
Inari Medical, Inc. (A)	45,818		2,198,348
Inspire Medical Systems, Inc. (A)	15,728		3,378,217
PROCEPT BioRobotics Corp. (A)	120,702		5,965,093
Shockwave Medical, Inc. (A)	12,215		3,977,570
			21,669,936
Health care providers and services – 1.9%
Acadia Healthcare Company, Inc. (A)	33,705		2,670,110
HealthEquity, Inc. (A)	36,081		2,945,292
			5,615,402
Pharmaceuticals – 1.7%
Intra-Cellular Therapies, Inc. (A)	32,548		2,252,322
Longboard Pharmaceuticals, Inc. (A)	37,743		815,249
Structure Therapeutics, Inc., ADR (A)	17,539		751,722
Verona Pharma PLC, ADR (A)	70,557		1,135,262
			4,954,555
			62,729,662
Industrials – 25.3%
Aerospace and defense – 1.8%
Curtiss-Wright Corp.	20,339		5,205,564
Building products – 4.1%
The AZEK Company, Inc. (A)	143,673		7,215,258
Zurn Elkay Water Solutions Corp.	142,213		4,759,869
			11,975,127
Commercial services and supplies – 1.6%
Aris Water Solutions, Inc., Class A	90,756		1,284,197
Casella Waste Systems, Inc., Class A (A)	34,637		3,424,560
			4,708,757
Construction and engineering – 4.7%
Ameresco, Inc., Class A (A)	62,010		1,496,301
Comfort Systems USA, Inc.	17,851		5,671,441
Fluor Corp. (A)	152,737		6,457,720
			13,625,462
Electrical equipment – 2.6%
Acuity Brands, Inc.	10,902		2,929,694
NEXTracker, Inc., Class A (A)	47,081		2,649,248
Shoals Technologies Group, Inc., Class A (A)	175,226		1,959,027
			7,537,969
Machinery – 0.9%
The Middleby Corp. (A)	17,034		2,738,897
Professional services – 5.7%
EXL Service Holdings, Inc. (A)	156,108		4,964,237
TriNet Group, Inc.	34,317		4,546,659
Verra Mobility Corp. (A)	290,666		7,257,930
			16,768,826
Trading companies and distributors – 3.9%
Applied Industrial Technologies, Inc.	39,688		7,840,364
Rush Enterprises, Inc., Class A	64,567		3,455,626
			11,295,990
			73,856,592

Small Cap Stock Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Information technology – 16.1%
Communications equipment – 0.4%
Calix, Inc. (A)	31,749	$	1,052,797
Electronic equipment, instruments and components – 2.4%
ePlus, Inc. (A)	22,845		1,794,246
Fabrinet (A)	7,731		1,461,314
Novanta, Inc. (A)	22,033		3,850,707
			7,106,267
IT services – 0.6%
Squarespace, Inc., Class A (A)	51,800		1,887,592
Semiconductors and semiconductor equipment – 2.8%
MKS Instruments, Inc.	20,418		2,715,594
SiTime Corp. (A)	15,906		1,482,916
Synaptics, Inc. (A)	25,601		2,497,634
Universal Display Corp.	7,976		1,343,557
			8,039,701
Software – 9.9%
Clearwater Analytics Holdings, Inc., Class A (A)	146,492		2,591,443
CyberArk Software, Ltd. (A)	17,742		4,712,807
DoubleVerify Holdings, Inc. (A)	122,795		4,317,472
Five9, Inc. (A)	44,278		2,750,107
Intapp, Inc. (A)	40,182		1,378,243
Jamf Holding Corp. (A)	160,040		2,936,734
Manhattan Associates, Inc. (A)	12,363		3,093,593
PowerSchool Holdings, Inc., Class A (A)	189,595		4,036,478
Sprout Social, Inc., Class A (A)	54,910		3,278,676
			29,095,553
			47,181,910
Materials – 2.8%
Chemicals – 2.8%
Arcadium Lithium PLC (A)	360,253		1,552,690
Cabot Corp.	71,587		6,600,321
			8,153,011
Real estate – 2.9%
Hotel and resort REITs – 1.7%
Ryman Hospitality Properties, Inc.	43,177		4,991,693
Retail REITs – 1.2%
Phillips Edison & Company, Inc.	98,671		3,539,329
			8,531,022
TOTAL COMMON STOCKS (Cost $235,558,368)		$	287,599,345
EXCHANGE-TRADED FUNDS – 0.5%
iShares Russell 2000 Growth ETF (B)	5,646		1,528,937
TOTAL EXCHANGE-TRADED FUNDS (Cost $1,485,894)		$	1,528,937
SHORT-TERM INVESTMENTS – 1.3%
Short-term funds – 0.2%
John Hancock Collateral Trust, 5.2975% (C)(D)	51,121		511,073

 

225

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Small Cap Stock Trust (continued)

		Shares or Principal Amount	Value
SHORT-TERM INVESTMENTS (continued)
Repurchase agreement – 1.1%
Societe Generale SA Tri-Party Repurchase Agreement dated 3-28-24 at 5.320% to be repurchased at $3,301,951 on 4-1-24, collateralized by $3,345,300 U.S. Treasury Notes, 4.250% due 2-28-31 (valued at $3,366,053)	$	3,300,000	$	3,300,000
TOTAL SHORT-TERM INVESTMENTS (Cost $3,811,172)			$	3,811,073
Total Investments (Small Cap Stock Trust) (Cost $240,855,434) – 100.2%			$	292,939,355
Other assets and liabilities, net – (0.2%)				(450,555)
TOTAL NET ASSETS – 100.0%			$	292,488,800

Security Abbreviations and Legend
ADR	American Depositary Receipt
(A)	Non-income producing security.
(B)	All or a portion of this security is on loan as of 3-31-24. The value of securities on loan amounted to $498,843.
(C)	The rate shown is the annualized seven-day yield as of 3-31-24.
(D)	Investment is an affiliate of the fund, the advisor and/or subadvisor. This security represents the investment of cash collateral received for securities lending.

Small Cap Value Trust

	Shares or Principal Amount	Value
COMMON STOCKS – 98.6%
Communication services – 1.3%
Interactive media and services – 1.3%
Shutterstock, Inc. (A)	130,527	$	5,979,442
Consumer discretionary – 12.3%
Automobile components – 2.6%
The Goodyear Tire & Rubber Company (B)	460,995		6,329,461
Visteon Corp. (B)	47,888		5,632,108
			11,961,569
Hotels, restaurants and leisure – 1.2%
Wyndham Hotels & Resorts, Inc.	75,656		5,806,598
Household durables – 4.1%
Century Communities, Inc.	55,081		5,315,317
Sonos, Inc. (B)	360,288		6,867,089
Tri Pointe Homes, Inc. (B)	178,759		6,910,823
			19,093,229
Specialty retail – 1.8%
Boot Barn Holdings, Inc. (B)	27,020		2,570,953
Monro, Inc.	179,783		5,670,356
			8,241,309
Textiles, apparel and luxury goods – 2.6%
Kontoor Brands, Inc.	109,263		6,583,096
Oxford Industries, Inc.	50,656		5,693,734
			12,276,830
			57,379,535
Consumer staples – 2.8%
Food products – 1.3%
Post Holdings, Inc. (B)	55,189		5,865,487
Household products – 1.5%
Spectrum Brands Holdings, Inc.	78,682		7,003,485
			12,868,972

Small Cap Value Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Energy – 5.8%
Oil, gas and consumable fuels – 5.8%
Chord Energy Corp.	51,471	$	9,174,191
Gulfport Energy Corp. (B)	60,633		9,708,553
Sitio Royalties Corp., Class A	334,238		8,262,363
			27,145,107
Financials – 26.0%
Banks – 15.8%
1st Source Corp.	115,247		6,041,248
Berkshire Hills Bancorp, Inc.	239,492		5,489,157
Cadence Bank	253,773		7,359,417
Eastern Bankshares, Inc.	266,315		3,669,821
Enterprise Financial Services Corp.	158,337		6,422,149
First Busey Corp.	272,345		6,549,897
First Interstate BancSystem, Inc., Class A	152,156		4,140,165
Hancock Whitney Corp.	160,533		7,390,939
International Bancshares Corp.	66,366		3,725,787
National Bank Holdings Corp., Class A	208,966		7,537,404
Seacoast Banking Corp. of Florida	303,300		7,700,787
Synovus Financial Corp.	186,223		7,460,093
			73,486,864
Capital markets – 1.1%
Houlihan Lokey, Inc.	41,874		5,367,828
Consumer finance – 1.7%
Bread Financial Holdings, Inc.	214,140		7,974,574
Financial services – 1.1%
NMI Holdings, Inc., Class A (B)	155,603		5,032,201
Insurance – 6.3%
Assured Guaranty, Ltd.	71,380		6,227,905
Kemper Corp.	124,277		7,695,232
ProAssurance Corp. (B)	321,700		4,137,062
SiriusPoint, Ltd. (B)	435,836		5,539,476
White Mountains Insurance Group, Ltd.	3,262		5,853,007
			29,452,682
			121,314,149
Health care – 4.6%
Health care equipment and supplies – 3.8%
Haemonetics Corp. (B)	79,274		6,766,036
ICU Medical, Inc. (B)	44,762		4,803,858
Integra LifeSciences Holdings Corp. (B)	176,663		6,262,703
			17,832,597
Health care providers and services – 0.8%
AMN Healthcare Services, Inc. (B)	55,704		3,482,057
			21,314,654
Industrials – 16.1%
Building products – 2.7%
American Woodmark Corp. (B)	73,121		7,433,481
Janus International Group, Inc. (B)	332,838		5,035,839
			12,469,320
Commercial services and supplies – 4.0%
ACCO Brands Corp.	823,268		4,618,533
Brady Corp., Class A	114,928		6,812,932
Vestis Corp.	381,802		7,357,325
			18,788,790
Electrical equipment – 1.1%
Thermon Group Holdings, Inc. (B)	160,973		5,267,037
Ground transportation – 1.2%
Ryder System, Inc.	48,118		5,783,302
Machinery – 1.6%
Luxfer Holdings PLC	118,718		1,231,106

 

226

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Small Cap Value Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Machinery (continued)
The Middleby Corp. (B)	39,936	$	6,421,309
			7,652,415
Professional services – 3.6%
Huron Consulting Group, Inc. (B)	45,404		4,386,934
Maximus, Inc.	46,882		3,933,400
Sterling Check Corp. (B)	192,833		3,100,755
WNS Holdings, Ltd. (B)	100,672		5,086,956
			16,508,045
Trading companies and distributors – 1.9%
Air Lease Corp.	168,580		8,671,755
			75,140,664
Information technology – 8.5%
Electronic equipment, instruments and components – 4.1%
Belden, Inc.	79,982		7,407,133
CTS Corp.	114,421		5,353,759
ePlus, Inc. (B)	75,803		5,953,568
Knowles Corp. (B)	19,700		317,170
			19,031,630
IT services – 1.0%
Perficient, Inc. (B)	85,425		4,808,573
Software – 3.4%
ACI Worldwide, Inc. (B)	263,832		8,761,861
Progress Software Corp.	130,485		6,956,155
			15,718,016
			39,558,219
Materials – 8.1%
Chemicals – 6.1%
Axalta Coating Systems, Ltd. (B)	206,859		7,113,881
Element Solutions, Inc.	371,597		9,282,493
HB Fuller Company	70,042		5,585,149
Mativ Holdings, Inc.	336,222		6,304,163
			28,285,686
Containers and packaging – 2.0%
TriMas Corp.	353,969		9,461,591
			37,747,277
Real estate – 9.9%
Diversified REITs – 0.8%
Alexander & Baldwin, Inc.	218,816		3,603,900
Hotel and resort REITs – 1.5%
Pebblebrook Hotel Trust	444,046		6,842,749
Industrial REITs – 0.7%
LXP Industrial Trust	372,489		3,359,851
Real estate management and development – 1.3%
Colliers International Group, Inc.	49,981		6,109,178
Residential REITs – 2.2%
Centerspace	80,719		4,612,284
Independence Realty Trust, Inc.	349,331		5,634,709
			10,246,993
Retail REITs – 2.1%
NETSTREIT Corp.	293,410		5,389,942
Phillips Edison & Company, Inc.	127,399		4,569,802
			9,959,744
Specialized REITs – 1.3%
PotlatchDeltic Corp.	127,319		5,986,539
			46,108,954
Utilities – 3.2%
Electric utilities – 2.0%
PNM Resources, Inc.	103,546		3,897,471

Small Cap Value Trust (continued)

		Shares or Principal Amount	Value
COMMON STOCKS (continued)
Electric utilities (continued)
Portland General Electric Company		128,180	$	5,383,560
				9,281,031
Gas utilities – 1.2%
ONE Gas, Inc.		87,116		5,621,595
				14,902,626
TOTAL COMMON STOCKS (Cost $403,261,349)			$	459,459,599
SHORT-TERM INVESTMENTS – 1.3%
Short-term funds – 0.0%
John Hancock Collateral Trust, 5.2975% (C)(D)		8,017		80,147
Repurchase agreement – 1.3%
Bank of America Tri-Party Repurchase Agreement dated 3-28-24 at 5.330% to be repurchased at $5,803,435 on 4-1-24, collateralized by $5,414,285 Federal Home Loan Mortgage Corp., 2.500% - 7.435% due 12-1-35 to 12-1-51 (valued at $4,699,145), $171,538 Federal National Mortgage Association, 3.000% due 9-1-43 (valued at $153,996) and $983,527 Government National Mortgage Association, 7.669% due 8-20-72 (valued at $1,062,859)	$	5,800,000		5,800,000
TOTAL SHORT-TERM INVESTMENTS (Cost $5,880,171)			$	5,880,147
Total Investments (Small Cap Value Trust) (Cost $409,141,520) – 99.9%			$	465,339,746
Other assets and liabilities, net – 0.1%				691,384
TOTAL NET ASSETS – 100.0%			$	466,031,130

Security Abbreviations and Legend
(A)	All or a portion of this security is on loan as of 3-31-24. The value of securities on loan amounted to $78,455.
(B)	Non-income producing security.
(C)	The rate shown is the annualized seven-day yield as of 3-31-24.
(D)	Investment is an affiliate of the fund, the advisor and/or subadvisor. This security represents the investment of cash collateral received for securities lending.

Small Company Value Trust

	Shares or Principal Amount	Value
COMMON STOCKS – 97.8%
Communication services – 1.3%
Diversified telecommunication services – 0.3%
Frontier Communications Parent, Inc. (A)	16,352	$	400,624
Media – 1.0%
Advantage Solutions, Inc. (A)	71,229		308,422
The New York Times Company, Class A	23,326		1,008,150
			1,316,572
			1,717,196
Consumer discretionary – 11.5%
Automobile components – 1.6%
Dorman Products, Inc. (A)	8,341		803,989
LCI Industries	5,384		662,555
Modine Manufacturing Company (A)	2,700		257,013

 

227

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Small Company Value Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Automobile components (continued)
Visteon Corp. (A)	2,842	$	334,248
			2,057,805
Broadline retail – 0.3%
Kohl's Corp.	6,300		183,645
Savers Value Village, Inc. (A)	12,860		247,941
			431,586
Distributors – 0.2%
Pool Corp.	781		315,134
Diversified consumer services – 1.3%
Strategic Education, Inc.	16,720		1,740,885
Hotels, restaurants and leisure – 2.2%
BJ's Restaurants, Inc. (A)	8,283		299,679
Cava Group, Inc. (A)	7,278		509,824
Dutch Bros, Inc., Class A (A)	9,451		311,883
Marriott Vacations Worldwide Corp.	5,736		617,939
Papa John's International, Inc.	12,121		807,259
Wyndham Hotels & Resorts, Inc.	4,200		322,350
			2,868,934
Household durables – 2.1%
Meritage Homes Corp.	9,698		1,701,611
Skyline Champion Corp. (A)	6,000		510,060
Smith Douglas Homes Corp. (A)	8,475		251,708
Taylor Morrison Home Corp. (A)	4,500		279,765
			2,743,144
Leisure products – 0.1%
Peloton Interactive, Inc., Class A (A)	37,138		159,136
Specialty retail – 2.7%
Abercrombie & Fitch Company, Class A (A)	1,500		187,995
Asbury Automotive Group, Inc. (A)	3,605		849,987
Caleres, Inc.	12,838		526,743
Carvana Company (A)(B)	4,987		438,407
Floor & Decor Holdings, Inc., Class A (A)	3,973		514,980
Monro, Inc.	18,568		585,635
Urban Outfitters, Inc. (A)	8,200		356,044
			3,459,791
Textiles, apparel and luxury goods – 1.0%
Figs, Inc., Class A (A)	79,711		396,961
Steven Madden, Ltd.	21,574		912,149
			1,309,110
			15,085,525
Consumer staples – 2.1%
Food products – 1.6%
Nomad Foods, Ltd.	49,622		970,606
Post Holdings, Inc. (A)	6,893		732,588
TreeHouse Foods, Inc. (A)	8,600		334,970
			2,038,164
Personal care products – 0.5%
BellRing Brands, Inc. (A)	11,300		667,039
			2,705,203
Energy – 9.2%
Energy equipment and services – 4.2%
Cactus, Inc., Class A	18,453		924,311
ChampionX Corp.	41,074		1,474,146
Enerflex, Ltd.	91,423		532,996
Expro Group Holdings NV (A)	32,642		651,861
Liberty Energy, Inc.	29,614		613,602

Small Company Value Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Energy equipment and services (continued)
TechnipFMC PLC	51,600	$	1,295,676
			5,492,592
Oil, gas and consumable fuels – 5.0%
Magnolia Oil & Gas Corp., Class A (B)	31,992		830,192
Matador Resources Company	33,652		2,246,944
Permian Resources Corp.	62,445		1,102,779
Range Resources Corp.	36,295		1,249,637
Southwestern Energy Company (A)	137,800		1,044,524
			6,474,076
			11,966,668
Financials – 25.3%
Banks – 16.1%
BankUnited, Inc.	29,912		837,536
Cathay General Bancorp	17,100		646,893
Columbia Banking System, Inc.	56,431		1,091,940
CrossFirst Bankshares, Inc. (A)	38,258		529,491
Eastern Bankshares, Inc.	78,841		1,086,429
FB Financial Corp.	29,768		1,121,063
HarborOne Bancorp, Inc.	47,415		505,444
Home BancShares, Inc.	48,349		1,187,935
Live Oak Bancshares, Inc.	29,610		1,229,111
National Bank Holdings Corp., Class A	27,961		1,008,553
Pinnacle Financial Partners, Inc.	24,393		2,094,871
Popular, Inc.	17,694		1,558,664
Preferred Bank	9,702		744,823
Prosperity Bancshares, Inc.	10,069		662,339
Southern First Bancshares, Inc. (A)	8,371		265,863
SouthState Corp.	15,893		1,351,382
Synovus Financial Corp.	9,700		388,582
Texas Capital Bancshares, Inc. (A)	15,843		975,137
Towne Bank	34,706		973,850
Webster Financial Corp.	17,142		870,299
Western Alliance Bancorp	13,565		870,737
WSFS Financial Corp.	22,609		1,020,570
			21,021,512
Capital markets – 1.6%
Houlihan Lokey, Inc.	11,568		1,482,902
StepStone Group, Inc., Class A	9,063		323,912
Virtus Investment Partners, Inc.	1,270		314,935
			2,121,749
Consumer finance – 0.5%
NerdWallet, Inc., Class A (A)	22,415		329,501
PRA Group, Inc. (A)	12,565		327,695
			657,196
Financial services – 2.8%
PennyMac Financial Services, Inc.	22,142		2,016,915
Radian Group, Inc.	4,849		162,296
Voya Financial, Inc.	5,900		436,128
Walker & Dunlop, Inc.	9,829		993,319
			3,608,658
Insurance – 3.0%
First American Financial Corp.	9,768		596,336
James River Group Holdings, Ltd.	22,805		212,087
Oscar Health, Inc., Class A (A)	28,700		426,769
Primerica, Inc.	1,000		252,960
ProAssurance Corp. (A)	37,290		479,549
Ryan Specialty Holdings, Inc.	19,166		1,063,713
Selective Insurance Group, Inc.	4,100		447,597

 

228

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Small Company Value Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Insurance (continued)
The Hanover Insurance Group, Inc.	3,200	$	435,744
			3,914,755
Mortgage real estate investment trusts – 1.3%
Hannon Armstrong Sustainable Infrastructure Capital, Inc.	37,163		1,055,429
PennyMac Mortgage Investment Trust	47,655		699,575
			1,755,004
			33,078,874
Health care – 8.7%
Biotechnology – 4.2%
Apellis Pharmaceuticals, Inc. (A)	5,423		318,764
Arrowhead Pharmaceuticals, Inc. (A)	7,100		203,060
Ascendis Pharma A/S, ADR (A)	2,938		444,137
Biohaven, Ltd. (A)	5,300		289,857
Black Diamond Therapeutics, Inc. (A)(B)	45,300		229,671
Blueprint Medicines Corp. (A)	2,907		275,758
Cabaletta Bio, Inc. (A)	8,600		146,716
Crinetics Pharmaceuticals, Inc. (A)	6,068		284,043
CRISPR Therapeutics AG (A)(B)	3,191		217,499
Cytokinetics, Inc. (A)	6,780		475,346
Immatics NV (A)(B)	26,709		280,712
Insmed, Inc. (A)	9,488		257,409
Ionis Pharmaceuticals, Inc. (A)	12,900		559,215
MacroGenics, Inc. (A)	10,051		147,951
MoonLake Immunotherapeutics (A)	2,471		124,118
Syndax Pharmaceuticals, Inc. (A)	12,993		309,233
Vaxcyte, Inc. (A)	5,685		388,342
Verve Therapeutics, Inc. (A)	15,880		210,886
Xenon Pharmaceuticals, Inc. (A)	5,100		219,555
Zentalis Pharmaceuticals, Inc. (A)	9,583		151,028
			5,533,300
Health care equipment and supplies – 1.3%
Atrion Corp.	1,143		529,838
Avanos Medical, Inc. (A)	15,000		298,650
Lantheus Holdings, Inc. (A)	6,733		419,062
QuidelOrtho Corp. (A)	10,090		483,715
			1,731,265
Health care providers and services – 2.3%
Privia Health Group, Inc. (A)	11,700		229,203
Select Medical Holdings Corp.	43,448		1,309,957
The Ensign Group, Inc.	8,242		1,025,470
The Pennant Group, Inc. (A)	22,481		441,302
			3,005,932
Health care technology – 0.3%
Phreesia, Inc. (A)	14,159		338,825
Pharmaceuticals – 0.6%
Elanco Animal Health, Inc. (A)	40,833		664,761
Neumora Therapeutics, Inc. (A)(B)	8,801		121,014
			785,775
			11,395,097
Industrials – 14.6%
Aerospace and defense – 0.9%
Leonardo DRS, Inc. (A)	16,659		367,997
Moog, Inc., Class A	5,500		878,075
			1,246,072
Building products – 1.7%
UFP Industries, Inc.	10,538		1,296,279
Zurn Elkay Water Solutions Corp.	26,600		890,302
			2,186,581
Commercial services and supplies – 2.0%
Brady Corp., Class A	15,503		919,018

Small Company Value Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Commercial services and supplies (continued)
Casella Waste Systems, Inc., Class A (A)	7,700	$	761,299
MSA Safety, Inc.	2,731		528,694
Stericycle, Inc. (A)	8,436		444,999
			2,654,010
Construction and engineering – 1.0%
Arcosa, Inc.	2,000		171,720
Valmont Industries, Inc.	2,008		458,386
WillScot Mobile Mini Holdings Corp. (A)	14,797		688,061
			1,318,167
Ground transportation – 0.9%
Landstar System, Inc.	6,003		1,157,138
Machinery – 3.6%
Alamo Group, Inc.	3,729		851,443
Crane Company	3,900		527,007
Esab Corp.	9,955		1,100,724
ESCO Technologies, Inc.	4,361		466,845
John Bean Technologies Corp.	3,500		367,115
RBC Bearings, Inc. (A)	2,953		798,344
SPX Technologies, Inc. (A)	4,584		564,428
			4,675,906
Passenger airlines – 0.4%
Allegiant Travel Company	7,831		588,970
Professional services – 2.1%
ASGN, Inc. (A)	4,200		439,992
FTI Consulting, Inc. (A)	2,920		614,047
Parsons Corp. (A)	12,936		1,073,041
Paycor HCM, Inc. (A)	30,007		583,336
			2,710,416
Trading companies and distributors – 2.0%
Beacon Roofing Supply, Inc. (A)	14,669		1,437,855
Herc Holdings, Inc.	3,972		668,488
MSC Industrial Direct Company, Inc., Class A	5,100		494,904
			2,601,247
			19,138,507
Information technology – 6.5%
Communications equipment – 0.3%
Viavi Solutions, Inc. (A)	47,597		432,657
Electronic equipment, instruments and components – 2.2%
Littelfuse, Inc.	3,535		856,707
Mirion Technologies, Inc. (A)	55,097		626,453
PAR Technology Corp. (A)	7,819		354,670
Vishay Intertechnology, Inc.	16,400		371,952
Vontier Corp.	14,568		660,804
			2,870,586
IT services – 0.2%
Endava PLC, ADR (A)	6,648		252,890
Semiconductors and semiconductor equipment – 2.2%
Diodes, Inc. (A)	5,400		380,700
Entegris, Inc.	1,862		261,685
Lattice Semiconductor Corp. (A)	6,880		538,222
MACOM Technology Solutions Holdings, Inc. (A)	8,800		841,632
Onto Innovation, Inc. (A)	4,936		893,811
			2,916,050
Software – 1.6%
Altair Engineering, Inc., Class A (A)	1,900		163,685
Amplitude, Inc., Class A (A)	13,700		149,056
DoubleVerify Holdings, Inc. (A)	14,066		494,561
Intapp, Inc. (A)	6,284		215,541

 

229

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Small Company Value Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Software (continued)
JFrog, Ltd. (A)	6,134	$	271,245
NCino, Inc. (A)	12,912		482,651
Workiva, Inc. (A)	3,191		270,597
			2,047,336
			8,519,519
Materials – 4.7%
Chemicals – 1.7%
Element Solutions, Inc.	45,071		1,125,874
Orion SA	24,107		566,997
Quaker Chemical Corp.	2,552		523,798
			2,216,669
Containers and packaging – 0.0%
Pactiv Evergreen, Inc.	2,022		28,955
Metals and mining – 2.5%
Carpenter Technology Corp.	6,252		446,518
Constellium SE (A)	58,200		1,286,802
Hudbay Minerals, Inc.	47,100		329,700
Reliance, Inc.	3,767		1,258,856
			3,321,876
Paper and forest products – 0.5%
Clearwater Paper Corp. (A)	6,071		265,485
West Fraser Timber Company, Ltd.	3,814		329,644
			595,129
			6,162,629
Real estate – 10.1%
Diversified REITs – 0.8%
Essential Properties Realty Trust, Inc.	37,403		997,164
Hotel and resort REITs – 1.1%
Apple Hospitality REIT, Inc.	86,229		1,412,431
Industrial REITs – 2.0%
EastGroup Properties, Inc.	6,176		1,110,260
Terreno Realty Corp.	22,985		1,526,204
			2,636,464
Office REITs – 0.7%
Highwoods Properties, Inc.	17,600		460,768
Kilroy Realty Corp.	12,500		455,375
			916,143
Real estate management and development – 1.4%
FirstService Corp.	4,900		812,420
Opendoor Technologies, Inc. (A)	55,700		168,771
The St. Joe Company	14,192		822,710
			1,803,901
Residential REITs – 1.2%
Independence Realty Trust, Inc.	60,996		983,865
UMH Properties, Inc.	39,800		646,352
			1,630,217
Retail REITs – 1.3%
NETSTREIT Corp.	39,690		729,105
Saul Centers, Inc.	15,309		589,243
The Macerich Company	22,500		387,675
			1,706,023
Specialized REITs – 1.6%
CubeSmart	20,164		911,816
PotlatchDeltic Corp.	15,296		719,218
Safehold, Inc.	19,722		406,273
			2,037,307
			13,139,650

Small Company Value Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Utilities – 3.8%
Electric utilities – 2.1%
IDACORP, Inc.	8,035	$	746,371
MGE Energy, Inc.	7,492		589,770
OGE Energy Corp.	16,200		555,660
PNM Resources, Inc.	21,800		820,552
			2,712,353
Gas utilities – 1.1%
Chesapeake Utilities Corp.	6,649		713,438
ONE Gas, Inc.	10,937		705,765
			1,419,203
Water utilities – 0.6%
Artesian Resources Corp., Class A	5,610		208,187
California Water Service Group	14,090		654,903
			863,090
			4,994,646
TOTAL COMMON STOCKS (Cost $101,471,210)		$	127,903,514
WARRANTS – 0.0%
Advantage Solutions, Inc. (Expiration Date: 10-28-25; Strike Price: $11.50) (A)	4,703		611
TOTAL WARRANTS (Cost $6,099)		$	611
SHORT-TERM INVESTMENTS – 3.6%
Short-term funds – 3.6%
John Hancock Collateral Trust, 5.2975% (C)(D)	187,244		1,871,954
State Street Institutional U.S. Government Money Market Fund, Premier Class, 5.2417% (C)	451,970		451,970
T. Rowe Price Government Reserve Fund, 5.3578% (C)	2,403,280		2,403,280
TOTAL SHORT-TERM INVESTMENTS (Cost $4,727,636)		$	4,727,204
Total Investments (Small Company Value Trust) (Cost $106,204,945) – 101.4%		$	132,631,329
Other assets and liabilities, net – (1.4%)			(1,830,181)
TOTAL NET ASSETS – 100.0%		$	130,801,148

Security Abbreviations and Legend
ADR	American Depositary Receipt
(A)	Non-income producing security.
(B)	All or a portion of this security is on loan as of 3-31-24. The value of securities on loan amounted to $1,830,884.
(C)	The rate shown is the annualized seven-day yield as of 3-31-24.
(D)	Investment is an affiliate of the fund, the advisor and/or subadvisor. This security represents the investment of cash collateral received for securities lending.

Strategic Equity Allocation Trust

	Shares or Principal Amount	Value
COMMON STOCKS – 95.5%
Communication services – 6.2%
Diversified telecommunication services – 0.9%
Anterix, Inc. (A)	1,962	$	65,943
AST SpaceMobile, Inc. (A)(B)	18,418		53,412
AT&T, Inc.	630,020		11,088,352
ATN International, Inc.	1,870		58,914
Bandwidth, Inc., Class A (A)	3,389		61,883
BT Group PLC	869,759		1,203,712

 

230

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Strategic Equity Allocation Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Diversified telecommunication services (continued)
Cellnex Telecom SA (A)(C)	61,772	$	2,185,166
Cogent Communications Holdings, Inc.	6,753		441,173
Consolidated Communications Holdings, Inc. (A)	11,659		50,367
Deutsche Telekom AG	435,996		10,583,579
Elisa OYJ	19,132		852,969
Frontier Communications Parent, Inc. (A)	42,787		1,048,282
Globalstar, Inc. (A)	109,108		160,389
HKT Trust & HKT, Ltd.	509,755		594,776
IDT Corp., Class B	2,355		89,043
Infrastrutture Wireless Italiane SpA (C)	45,213		513,075
Iridium Communications, Inc.	23,956		626,689
Koninklijke KPN NV	451,317		1,688,108
Liberty Latin America, Ltd., Class A (A)	7,796		54,338
Liberty Latin America, Ltd., Class C (A)	19,318		135,033
Lumen Technologies, Inc. (A)	157,775		246,129
Nippon Telegraph & Telephone Corp.	4,019,563		4,787,711
Ooma, Inc. (A)	4,269		36,415
Orange SA	250,472		2,945,554
Shenandoah Telecommunications Company	7,651		132,898
Singapore Telecommunications, Ltd.	851,921		1,601,032
Singapore Telecommunications, Ltd.	258,829		485,049
Spark New Zealand, Ltd.	244,008		694,714
Swisscom AG	3,484		2,132,399
Telecom Italia SpA (A)(B)	1,340,410		325,392
Telefonica SA	657,496		2,903,665
Telenor ASA	84,710		942,613
Telia Company AB	317,336		813,317
Telstra Group, Ltd.	543,958		1,368,285
Verizon Communications, Inc.	370,547		15,548,152
			66,518,528
Entertainment – 1.0%
Atlanta Braves Holdings, Inc., Series A (A)	1,560		65,364
Atlanta Braves Holdings, Inc., Series C (A)	7,177		280,334
Bollore SE	95,843		640,344
Capcom Company, Ltd.	46,606		873,121
Cinemark Holdings, Inc. (A)	17,147		308,132
Electronic Arts, Inc.	21,429		2,842,985
Eventbrite, Inc., Class A (A)	12,787		70,073
IMAX Corp. (A)	7,330		118,526
Konami Group Corp.	13,512		920,424
Lions Gate Entertainment Corp., Class A (A)	8,532		84,893
Lions Gate Entertainment Corp., Class B (A)	19,517		181,703
Live Nation Entertainment, Inc. (A)	12,820		1,355,971
Madison Square Garden Entertainment Corp. (A)	6,092		238,867
Netflix, Inc. (A)	38,129		23,156,886
Nexon Company, Ltd.	46,124		766,650
Nintendo Company, Ltd.	139,758		7,625,841
Playstudios, Inc. (A)	14,355		39,907
Reservoir Media, Inc. (A)	2,970		23,552
Sea, Ltd., ADR (A)	49,606		2,664,338
Sphere Entertainment Company (A)	4,072		199,854
Square Enix Holdings Company, Ltd.	11,538		444,972
Take-Two Interactive Software, Inc. (A)	13,763		2,043,668
The Marcus Corp.	4,146		59,122
The Walt Disney Company	161,609		19,774,477
TKO Group Holdings, Inc.	11,587		1,001,233
Toho Company, Ltd.	15,053		499,838
Universal Music Group NV	110,270		3,313,650

Strategic Equity Allocation Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Entertainment (continued)
Vivid Seats, Inc., Class A (A)	9,105	$	54,539
Warner Brothers Discovery, Inc. (A)	191,872		1,675,043
			71,324,307
Interactive media and services – 3.4%
Adevinta ASA (A)	47,043		493,417
Alphabet, Inc., Class A (A)	519,189		78,361,196
Alphabet, Inc., Class C (A)	434,812		66,204,475
Auto Trader Group PLC (C)	122,059		1,077,892
Bumble, Inc., Class A (A)	15,712		178,331
CarGurus, Inc. (A)	15,030		346,892
Cars.com, Inc. (A)	10,275		176,525
carsales.com, Ltd.	48,182		1,132,560
DHI Group, Inc. (A)	8,996		22,940
EverQuote, Inc., Class A (A)	3,464		64,292
FuboTV, Inc. (A)	43,330		68,461
Grindr, Inc. (A)	6,555		66,402
LY Corp.	359,516		910,639
Match Group, Inc. (A)	24,559		891,001
MediaAlpha, Inc., Class A (A)	3,455		70,378
Meta Platforms, Inc., Class A	193,852		94,130,654
Nextdoor Holdings, Inc. (A)	24,652		55,467
Outbrain, Inc. (A)	6,488		25,628
QuinStreet, Inc. (A)	8,178		144,423
REA Group, Ltd.	7,109		858,966
Scout24 SE (C)	10,089		760,087
SEEK, Ltd.	47,917		781,363
Shutterstock, Inc.	3,775		172,933
TrueCar, Inc. (A)	13,804		46,796
Vimeo, Inc. (A)	25,528		104,410
Yelp, Inc. (A)	10,215		402,471
Ziff Davis, Inc. (A)	15,988		1,007,884
ZipRecruiter, Inc., Class A (A)	10,432		119,864
ZoomInfo Technologies, Inc. (A)	57,299		918,503
			249,594,850
Media – 0.5%
Advantage Solutions, Inc. (A)	13,796		59,737
AMC Networks, Inc., Class A (A)	4,856		58,903
Boston Omaha Corp., Class A (A)	3,920		60,603
Cable One, Inc.	880		372,354
Cardlytics, Inc. (A)(B)	5,708		82,709
Charter Communications, Inc., Class A (A)	8,684		2,523,831
Clear Channel Outdoor Holdings, Inc. (A)	58,175		95,989
Comcast Corp., Class A	349,019		15,129,974
Daily Journal Corp. (A)	221		79,916
Dentsu Group, Inc.	27,256		756,810
EchoStar Corp., Class A (A)	18,255		260,134
Fox Corp., Class A	19,777		618,427
Fox Corp., Class B	11,916		341,036
Gambling.com Group, Ltd. (A)	2,414		22,040
Gannett Company, Inc. (A)	24,230		59,121
Gray Television, Inc.	13,548		85,623
iHeartMedia, Inc., Class A (A)	18,085		37,798
Informa PLC	184,834		1,939,279
Integral Ad Science Holding Corp. (A)	8,520		84,944
John Wiley & Sons, Inc., Class A	5,764		219,781
Magnite, Inc. (A)	20,982		225,557
News Corp., Class A	34,388		900,278
News Corp., Class B	10,371		280,639
Nexstar Media Group, Inc.	6,235		1,074,228
Omnicom Group, Inc.	17,086		1,653,241
Paramount Global, Class B	43,591		513,066
Publicis Groupe SA	30,788		3,356,523
PubMatic, Inc., Class A (A)	6,634		157,358

 

231

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Strategic Equity Allocation Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Media (continued)
Scholastic Corp.	4,248	$	160,192
Sinclair, Inc.	4,908		66,111
Stagwell, Inc. (A)	12,789		79,548
TechTarget, Inc. (A)	3,951		130,699
TEGNA, Inc.	69,534		1,038,838
The EW Scripps Company, Class A (A)	10,123		39,783
The Interpublic Group of Companies, Inc.	34,605		1,129,161
The New York Times Company, Class A	31,649		1,367,870
Thryv Holdings, Inc. (A)	5,033		111,884
Townsquare Media, Inc., Class A	1,775		19,490
Vivendi SE	90,057		981,426
WideOpenWest, Inc. (A)	8,772		31,755
WPP PLC	144,583		1,370,232
			37,576,888
Wireless telecommunication services – 0.4%
Gogo, Inc. (A)	10,862		95,368
KDDI Corp. (B)	201,342		5,953,023
SoftBank Corp. (B)	387,011		4,982,744
SoftBank Group Corp.	138,418		8,220,002
Spok Holdings, Inc.	2,584		41,215
Tele2 AB, B Shares	72,138		592,358
Telephone & Data Systems, Inc.	15,334		245,651
Tingo Group, Inc. (A)	19,584		501
T-Mobile US, Inc.	45,976		7,504,203
Vodafone Group PLC	3,096,220		2,746,112
			30,381,177
			455,395,750
Consumer discretionary – 10.9%
Automobile components – 0.4%
Adient PLC (A)	31,851		1,048,535
Aisin Corp.	19,819		809,859
American Axle & Manufacturing Holdings, Inc. (A)	17,794		130,964
Aptiv PLC (A)	24,488		1,950,469
Atmus Filtration Technologies, Inc. (A)(B)	2,405		77,561
Autoliv, Inc.	14,227		1,713,358
BorgWarner, Inc.	21,238		737,808
Bridgestone Corp.	76,804		3,403,932
Cie Generale des Etablissements Michelin SCA	91,366		3,501,452
Continental AG	14,797		1,068,120
Cooper-Standard Holdings, Inc. (A)	2,601		43,073
Dana, Inc.	20,272		257,454
Denso Corp.	254,382		4,871,840
Dorman Products, Inc. (A)	4,100		395,199
Fox Factory Holding Corp. (A)	14,877		774,645
Gentex Corp.	45,116		1,629,590
Gentherm, Inc. (A)	5,154		296,767
Holley, Inc. (A)	7,889		35,185
Koito Manufacturing Company, Ltd.	26,917		362,831
LCI Industries	3,831		471,443
Lear Corp.	11,032		1,598,316
Luminar Technologies, Inc. (A)(B)	42,704		84,127
Modine Manufacturing Company (A)	7,972		758,855
Patrick Industries, Inc.	3,196		381,826
Solid Power, Inc. (A)(B)	27,438		55,699
Standard Motor Products, Inc.	3,244		108,836
Stoneridge, Inc. (A)	4,126		76,083
Sumitomo Electric Industries, Ltd.	96,117		1,489,364
The Goodyear Tire & Rubber Company (A)	98,533		1,352,858
Visteon Corp. (A)	9,648		1,134,701

Strategic Equity Allocation Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Automobile components (continued)
XPEL, Inc. (A)	3,517	$	189,988
			30,810,738
Automobiles – 1.9%
Bayerische Motoren Werke AG	42,896		4,949,288
Ferrari NV	16,956		7,393,416
Fisker, Inc. (A)	32,197		666
Ford Motor Company	343,334		4,559,476
General Motors Company	101,481		4,602,163
Harley-Davidson, Inc.	24,514		1,072,242
Honda Motor Company, Ltd.	621,350		7,688,390
Isuzu Motors, Ltd.	78,435		1,060,241
Livewire Group, Inc. (A)	3,205		23,172
Mazda Motor Corp.	76,490		886,488
Mercedes-Benz Group AG	107,933		8,595,452
Nissan Motor Company, Ltd.	323,623		1,282,350
Renault SA	25,857		1,304,747
Stellantis NV	298,043		8,467,111
Subaru Corp.	81,130		1,837,419
Suzuki Motor Corp.	211,420		2,413,838
Tesla, Inc. (A)	244,119		42,913,679
Thor Industries, Inc.	10,314		1,210,245
Toyota Motor Corp.	1,426,525		36,055,352
Volkswagen AG	3,969		606,296
Volvo Car AB, B Shares (A)	100,197		379,344
Winnebago Industries, Inc.	4,461		330,114
Yamaha Motor Company, Ltd.	120,135		1,106,631
			138,738,120
Broadline retail – 2.3%
Amazon.com, Inc. (A)	805,460		145,288,875
Big Lots, Inc. (A)	5,177		22,416
CarParts.com, Inc. (A)	9,589		15,534
ContextLogic, Inc., Class A (A)	3,536		20,120
Dillard's, Inc., Class A	522		246,196
eBay, Inc.	45,436		2,398,112
Etsy, Inc. (A)	10,819		743,482
Global-e Online, Ltd. (A)	13,257		481,892
Macy's, Inc.	53,011		1,059,690
Next PLC	16,299		1,899,884
Nordstrom, Inc.	18,839		381,867
Ollie's Bargain Outlet Holdings, Inc. (A)	11,913		947,917
Pan Pacific International Holdings Corp.	51,235		1,357,815
Prosus NV (A)	196,767		6,158,880
Rakuten Group, Inc. (A)	201,662		1,144,654
Savers Value Village, Inc. (A)	4,105		79,144
Wesfarmers, Ltd.	152,648		6,804,265
			169,050,743
Distributors – 0.1%
D'ieteren Group	2,890		640,718
Genuine Parts Company	12,169		1,885,343
LKQ Corp.	24,178		1,291,347
Pool Corp.	3,307		1,334,375
Weyco Group, Inc.	940		29,967
			5,181,750
Diversified consumer services – 0.2%
Adtalem Global Education, Inc. (A)	6,170		317,138
Carriage Services, Inc.	2,228		60,245
Chegg, Inc. (A)	18,123		137,191
Coursera, Inc. (A)	20,147		282,461
Duolingo, Inc. (A)	4,532		999,669
European Wax Center, Inc., Class A (A)	5,670		73,597
frontdoor, Inc. (A)	12,522		407,967
Graham Holdings Company, Class B	1,204		924,287
Grand Canyon Education, Inc. (A)	5,717		778,713
H&R Block, Inc.	26,987		1,325,332

 

232

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Strategic Equity Allocation Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Diversified consumer services (continued)
IDP Education, Ltd.	35,569	$	415,201
Laureate Education, Inc.	20,566		299,647
Lincoln Educational Services Corp. (A)	3,599		37,178
Nerdy, Inc. (A)	10,473		30,476
OneSpaWorld Holdings, Ltd. (A)	13,040		172,519
Pearson PLC	84,176		1,108,385
Perdoceo Education Corp.	10,366		182,027
Service Corp. International	28,577		2,120,699
Strategic Education, Inc.	3,516		366,086
Stride, Inc. (A)	6,605		416,445
Udemy, Inc. (A)	13,708		150,514
Universal Technical Institute, Inc. (A)	5,097		81,246
WW International, Inc. (A)	8,331		15,412
			10,702,435
Hotels, restaurants and leisure – 2.0%
Accel Entertainment, Inc. (A)	8,268		97,480
Accor SA	25,454		1,188,356
Airbnb, Inc., Class A (A)	38,356		6,327,206
Amadeus IT Group SA	60,601		3,890,383
Aramark	50,765		1,650,878
Aristocrat Leisure, Ltd.	77,919		2,181,803
Bally's Corp. (A)	4,931		68,738
Biglari Holdings, Inc., Class B (A)	119		22,572
BJ's Restaurants, Inc. (A)	3,525		127,535
Bloomin' Brands, Inc.	13,337		382,505
Booking Holdings, Inc.	3,073		11,148,475
Bowlero Corp., Class A (B)	2,692		36,880
Boyd Gaming Corp.	13,440		904,781
Brinker International, Inc. (A)	6,766		336,135
Caesars Entertainment, Inc. (A)	19,490		852,493
Carnival Corp. (A)	86,444		1,412,495
Carrols Restaurant Group, Inc.	5,724		54,435
Century Casinos, Inc. (A)	4,961		15,677
Chipotle Mexican Grill, Inc. (A)	2,416		7,022,756
Choice Hotels International, Inc. (B)	4,781		604,079
Churchill Downs, Inc.	13,130		1,624,838
Chuy's Holdings, Inc. (A)	2,791		94,140
Compass Group PLC	229,888		6,743,222
Cracker Barrel Old Country Store, Inc. (B)	3,405		247,646
Darden Restaurants, Inc.	10,434		1,744,043
Dave & Buster's Entertainment, Inc. (A)	5,409		338,603
Delivery Hero SE (A)(C)	23,757		679,317
Denny's Corp. (A)	7,676		68,777
Dine Brands Global, Inc.	2,466		114,620
Domino's Pizza, Inc.	3,152		1,566,166
El Pollo Loco Holdings, Inc. (A)	3,764		36,661
Entain PLC	85,929		862,297
Everi Holdings, Inc. (A)	12,944		130,087
Evolution AB (C)	24,652		3,061,874
Expedia Group, Inc. (A)	11,482		1,581,646
First Watch Restaurant Group, Inc. (A)	3,616		89,026
Flutter Entertainment PLC (A)	23,811		4,746,330
Full House Resorts, Inc. (A)	5,097		28,390
Galaxy Entertainment Group, Ltd.	294,166		1,478,793
Genting Singapore, Ltd.	813,434		533,480
Global Business Travel Group I (A)	5,600		33,656
Golden Entertainment, Inc.	3,041		112,000
Hilton Grand Vacations, Inc. (A)	26,173		1,235,627
Hilton Worldwide Holdings, Inc.	22,196		4,734,629
Hyatt Hotels Corp., Class A	8,553		1,365,230
Inspired Entertainment, Inc. (A)	3,771		37,182
InterContinental Hotels Group PLC	22,229		2,309,857
International Game Technology PLC	16,723		377,773
Jack in the Box, Inc.	3,084		211,192

Strategic Equity Allocation Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Hotels, restaurants and leisure (continued)
Krispy Kreme, Inc. (B)	13,686	$	208,506
Kura Sushi USA, Inc., Class A (A)	978		112,626
La Francaise des Jeux SAEM (C)	14,131		575,947
Las Vegas Sands Corp.	31,922		1,650,367
Life Time Group Holdings, Inc. (A)	6,877		106,731
Light & Wonder, Inc. (A)	31,475		3,213,283
Lindblad Expeditions Holdings, Inc. (A)	5,542		51,707
Marriott International, Inc., Class A	21,718		5,479,669
Marriott Vacations Worldwide Corp.	6,389		688,287
McDonald's Corp.	63,897		18,015,759
McDonald's Holdings Company Japan, Ltd.	11,626		522,788
MGM Resorts International (A)	24,690		1,165,615
Monarch Casino & Resort, Inc.	1,999		149,905
Mondee Holdings, Inc. (A)(B)	7,595		17,544
Nathan's Famous, Inc.	555		39,294
Norwegian Cruise Line Holdings, Ltd. (A)	38,438		804,507
ONE Group Hospitality, Inc. (A)	3,329		18,543
Oriental Land Company, Ltd.	146,768		4,701,818
Papa John's International, Inc.	5,076		338,062
Penn Entertainment, Inc. (A)	28,819		524,794
Planet Fitness, Inc., Class A (A)	16,526		1,035,023
PlayAGS, Inc. (A)	5,762		51,743
Portillo's, Inc., Class A (A)	7,316		103,741
Potbelly Corp. (A)	4,022		48,706
RCI Hospitality Holdings, Inc.	1,414		82,012
Red Robin Gourmet Burgers, Inc. (A)	2,873		22,007
Red Rock Resorts, Inc., Class A	7,204		430,943
Royal Caribbean Cruises, Ltd. (A)	20,721		2,880,426
Rush Street Interactive, Inc. (A)	9,488		61,767
Sabre Corp. (A)	51,574		124,809
Sands China, Ltd. (A)	326,603		921,425
Shake Shack, Inc., Class A (A)	5,839		607,431
Six Flags Entertainment Corp. (A)	11,133		293,021
Sodexo SA	11,902		1,020,278
Starbucks Corp.	99,712		9,112,680
Super Group SGHC, Ltd. (A)	22,217		76,649
Sweetgreen, Inc., Class A (A)	15,109		381,653
Target Hospitality Corp. (A)	5,298		57,589
Texas Roadhouse, Inc.	12,917		1,995,289
The Cheesecake Factory, Inc.	7,474		270,185
The Lottery Corp., Ltd.	299,396		1,004,056
The Wendy's Company	32,316		608,833
Travel + Leisure Company	14,008		685,832
United Parks & Resorts, Inc. (A)	5,513		309,886
Vail Resorts, Inc.	7,344		1,636,464
Whitbread PLC	25,082		1,048,626
Wingstop, Inc.	5,690		2,084,816
Wyndham Hotels & Resorts, Inc.	16,047		1,231,607
Wynn Resorts, Ltd.	8,674		886,743
Xponential Fitness, Inc., Class A (A)	4,111		67,996
Yum! Brands, Inc.	24,704		3,425,210
Zensho Holdings Company, Ltd.	12,973		539,482
			146,005,444
Household durables – 0.8%
Barratt Developments PLC	131,109		786,927
Beazer Homes USA, Inc. (A)	4,727		155,046
Cavco Industries, Inc. (A)	1,356		541,125
Century Communities, Inc.	4,443		428,750
Cricut, Inc., Class A	7,992		38,042
D.R. Horton, Inc.	26,341		4,334,412
Dream Finders Homes, Inc., Class A (A)	3,859		168,754
Ethan Allen Interiors, Inc.	3,392		117,261
Garmin, Ltd.	13,315		1,982,204

 

233

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Strategic Equity Allocation Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Household durables (continued)
GoPro, Inc., Class A (A)	21,321	$	47,546
Green Brick Partners, Inc. (A)	4,065		244,835
Hamilton Beach Brands Holding Company, Class B	853		20,779
Helen of Troy, Ltd. (A)	8,285		954,763
Hooker Furnishings Corp.	1,702		40,865
Hovnanian Enterprises, Inc., Class A (A)	748		117,391
Iida Group Holdings Company, Ltd.	20,748		268,511
Installed Building Products, Inc.	3,668		949,022
iRobot Corp. (A)	4,317		37,817
KB Home	24,815		1,758,887
Landsea Homes Corp. (A)	3,264		47,426
La-Z-Boy, Inc.	6,720		252,806
Legacy Housing Corp. (A)	1,869		40,221
Leggett & Platt, Inc.	25,802		494,108
Lennar Corp., Class A	21,826		3,753,635
LGI Homes, Inc. (A)	3,231		375,991
M/I Homes, Inc. (A)	4,168		568,057
MDC Holdings, Inc.	9,287		584,245
Meritage Homes Corp.	5,620		986,085
Mohawk Industries, Inc. (A)	4,776		625,131
NVR, Inc. (A)	277		2,243,689
Panasonic Holdings Corp.	297,126		2,835,699
Persimmon PLC	42,970		712,464
PulteGroup, Inc.	18,730		2,259,213
SEB SA	3,350		428,608
Sekisui Chemical Company, Ltd.	51,284		750,316
Sekisui House, Ltd.	80,254		1,827,999
Sharp Corp. (A)	34,991		194,882
Skyline Champion Corp. (A)	8,322		707,453
Snap One Holdings Corp. (A)	3,280		28,274
Sonos, Inc. (A)	19,724		375,939
Sony Group Corp.	169,658		14,548,296
Taylor Morrison Home Corp. (A)	36,404		2,263,237
Taylor Wimpey PLC	475,622		822,288
Tempur Sealy International, Inc.	33,322		1,893,356
The Berkeley Group Holdings PLC	14,273		857,528
The Lovesac Company (A)	2,096		47,370
Toll Brothers, Inc.	20,172		2,609,652
TopBuild Corp. (A)	6,113		2,694,182
Tri Pointe Homes, Inc. (A)	14,685		567,722
Vizio Holding Corp., Class A (A)	11,680		127,779
VOXX International Corp. (A)	1,827		14,908
Whirlpool Corp.	10,638		1,272,624
Worthington Enterprises, Inc.	4,838		301,069
			61,105,189
Leisure products – 0.1%
Acushnet Holdings Corp.	4,765		314,252
AMMO, Inc. (A)	16,618		45,700
Bandai Namco Holdings, Inc.	80,631		1,496,120
Brunswick Corp.	13,310		1,284,681
Clarus Corp.	4,699		31,718
Escalade, Inc.	1,598		21,973
Funko, Inc., Class A (A)	6,053		37,771
Hasbro, Inc.	11,783		665,975
JAKKS Pacific, Inc. (A)	1,073		26,503
Johnson Outdoors, Inc., Class A	1,002		46,202
Malibu Boats, Inc., Class A (A)	3,188		137,977
MasterCraft Boat Holdings, Inc. (A)	2,580		61,198
Mattel, Inc. (A)	68,324		1,353,498
Polaris, Inc.	10,268		1,028,032
Shimano, Inc.	10,293		1,531,223
Smith & Wesson Brands, Inc.	7,434		129,054
Sturm Ruger & Company, Inc.	2,874		132,635
Topgolf Callaway Brands Corp. (A)	22,333		361,125

Strategic Equity Allocation Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Leisure products (continued)
Vista Outdoor, Inc. (A)	9,082	$	297,708
Yamaha Corp.	17,639		380,734
YETI Holdings, Inc. (A)	16,799		647,601
			10,031,680
Specialty retail – 1.8%
1-800-Flowers.com, Inc., Class A (A)	4,415		47,814
Abercrombie & Fitch Company, Class A (A)	7,576		949,500
Academy Sports & Outdoors, Inc.	11,193		755,975
American Eagle Outfitters, Inc.	28,399		732,410
America's Car-Mart, Inc. (A)	984		62,848
Arko Corp.	13,121		74,790
Asbury Automotive Group, Inc. (A)	3,206		755,911
AutoNation, Inc. (A)	5,017		830,715
AutoZone, Inc. (A)	1,525		4,806,266
Avolta AG (A)	13,343		555,567
BARK, Inc. (A)(B)	17,038		21,127
Bath & Body Works, Inc.	20,544		1,027,611
Best Buy Company, Inc.	16,516		1,354,807
Beyond, Inc. (A)	7,008		251,657
Big 5 Sporting Goods Corp.	4,066		14,312
Boot Barn Holdings, Inc. (A)	4,622		439,783
Build-A-Bear Workshop, Inc.	1,890		56,454
Burlington Stores, Inc. (A)	12,367		2,871,494
Caleres, Inc.	5,306		217,705
Camping World Holdings, Inc., Class A	6,337		176,485
CarMax, Inc. (A)	13,418		1,168,842
Carvana Company (A)(B)	15,860		1,394,253
Designer Brands, Inc., Class A	6,843		74,794
Destination XL Group, Inc. (A)	8,665		31,194
Dick's Sporting Goods, Inc.	11,252		2,530,125
EVgo, Inc. (A)(B)	16,757		42,060
Fast Retailing Company, Ltd.	23,543		7,294,234
Five Below, Inc. (A)	10,676		1,936,413
Floor & Decor Holdings, Inc., Class A (A)	20,613		2,671,857
Foot Locker, Inc.	12,816		365,256
GameStop Corp., Class A (A)(B)	51,955		650,477
Genesco, Inc. (A)	1,771		49,836
Group 1 Automotive, Inc.	2,059		601,702
GrowGeneration Corp. (A)	11,293		32,298
Guess?, Inc.	4,351		136,926
Haverty Furniture Companies, Inc.	2,251		76,804
Hennes & Mauritz AB, B Shares (B)	86,879		1,416,655
Hibbett, Inc.	1,885		144,787
Industria de Diseno Textil SA	146,736		7,389,077
JD Sports Fashion PLC	348,603		592,225
Kingfisher PLC	252,492		794,662
Lands' End, Inc. (A)	2,528		27,530
Leslie's, Inc. (A)	27,786		180,609
Lithia Motors, Inc.	5,323		1,601,478
Lowe's Companies, Inc.	50,701		12,915,066
MarineMax, Inc. (A)	3,420		113,749
Monro, Inc.	4,930		155,492
Murphy USA, Inc.	3,668		1,537,626
National Vision Holdings, Inc. (A)	12,130		268,801
Nitori Holdings Company, Ltd.	10,776		1,633,125
OneWater Marine, Inc., Class A (A)	1,971		55,484
O'Reilly Automotive, Inc. (A)	5,214		5,885,980
Penske Automotive Group, Inc.	3,770		610,702
PetMed Express, Inc.	3,611		17,297
Revolve Group, Inc. (A)	6,333		134,070
RH (A)	2,960		1,030,850
Ross Stores, Inc.	29,636		4,349,379
Sally Beauty Holdings, Inc. (A)	16,621		206,433

 

234

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Strategic Equity Allocation Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Specialty retail (continued)
Shoe Carnival, Inc.	2,990	$	109,554
Signet Jewelers, Ltd.	6,811		681,577
Sleep Number Corp. (A)	3,572		57,259
Sonic Automotive, Inc., Class A	2,314		131,759
Sportsman's Warehouse Holdings, Inc. (A)	7,249		22,544
Stitch Fix, Inc., Class A (A)	14,879		39,281
The Aaron's Company, Inc.	5,286		39,645
The Buckle, Inc.	4,799		193,256
The Cato Corp., Class A	3,390		19,560
The Children's Place, Inc. (A)(B)	1,773		20,460
The Gap, Inc.	41,602		1,146,135
The Home Depot, Inc.	87,735		33,655,146
The ODP Corp. (A)	4,865		258,088
The TJX Companies, Inc.	100,420		10,184,596
ThredUp, Inc., Class A (A)	13,145		26,290
Tile Shop Holdings, Inc. (A)	4,705		33,076
Tilly's, Inc., Class A (A)	4,137		28,132
Tractor Supply Company	9,467		2,477,703
Ulta Beauty, Inc. (A)	4,265		2,230,083
Upbound Group, Inc.	8,282		291,609
Urban Outfitters, Inc. (A)	9,948		431,942
USS Company, Ltd.	55,316		457,305
Valvoline, Inc. (A)	25,077		1,117,682
Warby Parker, Inc., Class A (A)	13,214		179,843
Williams-Sonoma, Inc.	12,407		3,939,595
Winmark Corp.	437		158,063
Zalando SE (A)(C)	30,160		862,433
ZOZO, Inc.	18,190		451,473
Zumiez, Inc. (A)	2,465		37,443
			135,402,911
Textiles, apparel and luxury goods – 1.3%
adidas AG	21,792		4,868,958
Burberry Group PLC	48,228		737,712
Capri Holdings, Ltd. (A)	22,547		1,021,379
Carter's, Inc.	7,123		603,176
Cie Financiere Richemont SA, A Shares	72,314		11,009,113
Columbia Sportswear Company	6,671		541,552
Crocs, Inc. (A)	11,715		1,684,617
Deckers Outdoor Corp. (A)	2,255		2,122,541
Figs, Inc., Class A (A)	19,730		98,255
G-III Apparel Group, Ltd. (A)	6,541		189,754
Hanesbrands, Inc. (A)	55,254		320,473
Hermes International SCA	4,260		10,887,624
Kering SA	10,014		3,966,378
Kontoor Brands, Inc.	8,734		526,224
Lululemon Athletica, Inc. (A)	10,100		3,945,565
LVMH Moet Hennessy Louis Vuitton SE	37,144		33,422,024
Moncler SpA	27,706		2,067,442
Movado Group, Inc.	2,285		63,820
NIKE, Inc., Class B	107,097		10,064,976
Oxford Industries, Inc.	2,319		260,656
Pandora A/S	11,373		1,835,670
Puma SE	14,202		642,729
PVH Corp.	11,535		1,621,936
Ralph Lauren Corp.	3,592		674,434
Rocky Brands, Inc.	1,064		28,866
Skechers USA, Inc., Class A (A)	25,841		1,583,020
Steven Madden, Ltd.	11,580		489,602
Tapestry, Inc.	20,707		983,168
The Swatch Group AG	7,079		320,989
The Swatch Group AG, Bearer Shares	3,892		907,934
Under Armour, Inc., Class A (A)	36,519		269,510
Under Armour, Inc., Class C (A)	36,909		263,530
Vera Bradley, Inc. (A)	3,920		26,656

Strategic Equity Allocation Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Textiles, apparel and luxury goods (continued)
VF Corp.	29,865	$	458,129
Wolverine World Wide, Inc.	12,262		137,457
			98,645,869
			805,674,879
Consumer staples – 6.2%
Beverages – 1.3%
Anheuser-Busch InBev SA/NV	116,842		7,112,637
Asahi Group Holdings, Ltd.	64,791		2,379,117
Brown-Forman Corp., Class B	16,532		853,382
Carlsberg A/S, Class B	13,246		1,813,974
Celsius Holdings, Inc. (A)	28,679		2,378,063
Coca-Cola Consolidated, Inc.	1,646		1,393,191
Coca-Cola Europacific Partners PLC	27,774		1,942,791
Coca-Cola HBC AG (A)	29,613		935,779
Constellation Brands, Inc., Class A	14,164		3,849,209
Davide Campari-Milano NV	82,820		832,338
Diageo PLC	300,705		11,126,750
Heineken Holding NV	17,435		1,407,073
Heineken NV	38,741		3,734,926
Keurig Dr. Pepper, Inc.	90,967		2,789,958
Kirin Holdings Company, Ltd.	104,508		1,453,320
MGP Ingredients, Inc.	2,457		211,621
Molson Coors Beverage Company, Class B	16,730		1,125,093
Monster Beverage Corp. (A)	65,118		3,860,195
National Beverage Corp. (A)	3,726		176,836
PepsiCo, Inc.	121,078		21,189,861
Pernod Ricard SA	27,510		4,453,430
Primo Water Corp.	24,217		440,992
Remy Cointreau SA	3,103		313,324
Suntory Beverage & Food, Ltd.	18,705		632,695
The Boston Beer Company, Inc., Class A (A)	1,820		554,044
The Coca-Cola Company	342,856		20,975,930
The Duckhorn Portfolio, Inc. (A)	7,407		68,959
The Vita Coco Company, Inc. (A)	4,936		120,586
Treasury Wine Estates, Ltd.	109,153		885,406
			99,011,480
Consumer staples distribution and retail – 1.5%
Aeon Company, Ltd.	87,966		2,086,721
BJ's Wholesale Club Holdings, Inc. (A)	25,799		1,951,694
Carrefour SA	76,276		1,308,463
Casey's General Stores, Inc.	7,178		2,285,834
Coles Group, Ltd.	180,031		1,987,401
Costco Wholesale Corp.	39,118		28,659,020
Dollar General Corp.	19,340		3,018,200
Dollar Tree, Inc. (A)	18,244		2,429,189
Endeavour Group, Ltd.	192,737		692,009
Grocery Outlet Holding Corp. (A)	19,201		552,605
Ingles Markets, Inc., Class A	2,191		168,006
J Sainsbury PLC	223,008		761,446
Jeronimo Martins SGPS SA	38,093		755,776
Kesko OYJ, B Shares	36,740		686,818
Kobe Bussan Company, Ltd.	20,242		495,995
Koninklijke Ahold Delhaize NV	128,108		3,833,219
MatsukiyoCocokara & Company	46,156		741,122
Natural Grocers by Vitamin Cottage, Inc.	1,384		24,981
Ocado Group PLC (A)	78,023		447,451
Performance Food Group Company (A)	30,094		2,246,216
PriceSmart, Inc.	3,910		328,440
Seven & i Holdings Company, Ltd.	304,065		4,432,015
SpartanNash Company	5,336		107,841
Sprouts Farmers Market, Inc. (A)	35,451		2,285,880
Sysco Corp.	43,924		3,565,750

 

235

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Strategic Equity Allocation Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Consumer staples distribution and retail (continued)
Target Corp.	40,689	$	7,210,498
Tesco PLC	949,130		3,554,939
The Andersons, Inc.	5,012		287,538
The Chefs' Warehouse, Inc. (A)	5,463		205,737
The Kroger Company	58,373		3,334,849
U.S. Foods Holding Corp. (A)	43,749		2,361,134
United Natural Foods, Inc. (A)	9,092		104,467
Village Super Market, Inc., Class A	1,299		37,164
Walgreens Boots Alliance, Inc.	61,159		1,326,539
Walmart, Inc.	377,483		22,713,152
Weis Markets, Inc.	2,663		171,497
Woolworths Group, Ltd.	164,325		3,552,054
			110,711,660
Food products – 1.4%
Ajinomoto Company, Inc.	63,127		2,357,390
Alico, Inc.	1,072		31,388
Archer-Daniels-Midland Company	46,881		2,944,596
Associated British Foods PLC	45,873		1,447,332
B&G Foods, Inc. (B)	11,505		131,617
Barry Callebaut AG	480		697,248
Beyond Meat, Inc. (A)(B)	9,839		81,467
BRC, Inc., Class A (A)(B)	7,174		30,705
Bunge Global SA	13,127		1,345,780
Calavo Growers, Inc.	2,933		81,567
Cal-Maine Foods, Inc.	6,328		372,403
Campbell Soup Company	17,748		788,899
Chocoladefabriken Lindt & Spruengli AG	14		1,688,946
Chocoladefabriken Lindt & Spruengli AG, Participation Certificates	129		1,543,978
Conagra Brands, Inc.	40,493		1,200,213
Danone SA	86,614		5,599,146
Darling Ingredients, Inc. (A)	30,857		1,435,159
Dole PLC	10,912		130,180
Flowers Foods, Inc.	37,160		882,550
Fresh Del Monte Produce, Inc.	5,597		145,018
General Mills, Inc.	50,027		3,500,389
Hormel Foods Corp.	26,169		913,036
Ingredion, Inc.	12,611		1,473,595
J&J Snack Foods Corp.	2,330		336,825
JDE Peet's NV	13,114		275,460
John B Sanfilippo & Son, Inc.	1,348		142,780
Kellanova	22,415		1,284,155
Kerry Group PLC, Class A	20,035		1,716,719
Kerry Group PLC, Class A (London Stock Exchange)	1,204		104,721
Kikkoman Corp.	91,285		1,171,598
Lamb Weston Holdings, Inc.	13,095		1,395,010
Lancaster Colony Corp.	6,955		1,444,067
Limoneira Company	2,644		51,717
Lotus Bakeries NV	55		531,014
McCormick & Company, Inc.	21,593		1,658,558
MEIJI Holdings Company, Ltd.	31,581		689,497
Mission Produce, Inc. (A)	7,820		92,823
Mondelez International, Inc., Class A	118,688		8,308,160
Mowi ASA	62,606		1,149,990
Nestle SA	359,162		38,160,948
Nissin Foods Holdings Company, Ltd.	26,982		743,843
Orkla ASA	94,302		666,028
Pilgrim's Pride Corp. (A)	7,786		267,216
Post Holdings, Inc. (A)	9,742		1,035,380
Salmar ASA	8,881		586,130
Seneca Foods Corp., Class A (A)	801		45,577
SunOpta, Inc. (A)	15,330		105,317
The Hain Celestial Group, Inc. (A)	13,930		109,490

Strategic Equity Allocation Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Food products (continued)
The Hershey Company	13,152	$	2,558,064
The J.M. Smucker Company	9,589		1,206,967
The Kraft Heinz Company	69,822		2,576,432
The Simply Good Foods Company (A)	14,033		477,543
TreeHouse Foods, Inc. (A)	7,976		310,665
Tyson Foods, Inc., Class A	25,771		1,513,531
Utz Brands, Inc.	11,162		205,827
Vital Farms, Inc. (A)	4,689		109,019
Westrock Coffee Company (A)(B)	5,277		54,511
WH Group, Ltd. (C)	1,121,824		740,494
Wilmar International, Ltd.	258,414		656,403
Yakult Honsha Company, Ltd.	34,513		705,393
			102,010,474
Household products – 0.8%
Central Garden & Pet Company (A)	1,702		72,897
Central Garden & Pet Company, Class A (A)	7,842		289,527
Church & Dwight Company, Inc.	21,537		2,246,524
Colgate-Palmolive Company	72,637		6,540,962
Energizer Holdings, Inc.	11,052		325,371
Essity AB, B Shares (B)	81,961		1,946,911
Henkel AG & Company KGaA	13,980		1,007,307
Kimberly-Clark Corp.	29,715		3,843,635
Oil-Dri Corp. of America	759		56,591
Reckitt Benckiser Group PLC	96,021		5,473,680
The Clorox Company	10,716		1,640,727
The Procter & Gamble Company	207,467		33,661,521
Unicharm Corp.	54,284		1,728,199
WD-40 Company	2,100		531,951
			59,365,803
Personal care products – 0.7%
Beiersdorf AG	13,560		1,974,296
BellRing Brands, Inc. (A)	45,757		2,701,036
Coty, Inc., Class A (A)	72,722		869,755
e.l.f. Beauty, Inc. (A)	19,091		3,742,409
Edgewell Personal Care Company	7,798		301,315
Haleon PLC	807,441		3,383,804
Herbalife, Ltd. (A)	15,410		154,871
Inter Parfums, Inc.	2,843		399,470
Kao Corp.	62,672		2,341,942
Kenvue, Inc.	151,870		3,259,130
L'Oreal SA	32,369		15,329,040
Medifast, Inc.	1,624		62,232
Nature's Sunshine Products, Inc. (A)	2,170		45,071
Nu Skin Enterprises, Inc., Class A	7,685		106,284
Shiseido Company, Ltd.	53,807		1,476,488
The Beauty Health Company (A)	13,535		60,095
The Estee Lauder Companies, Inc., Class A	20,506		3,161,000
Unilever PLC	336,350		16,885,376
USANA Health Sciences, Inc. (A)	1,858		90,113
Waldencast PLC, Class A (A)(B)	5,492		35,698
			56,379,425
Tobacco – 0.5%
Altria Group, Inc.	155,217		6,770,566
British American Tobacco PLC	270,753		8,217,645
Imperial Brands PLC	112,547		2,515,942
Ispire Technology, Inc. (A)	2,844		17,434
Japan Tobacco, Inc.	161,421		4,303,792
Philip Morris International, Inc.	136,762		12,530,134
Turning Point Brands, Inc.	2,819		82,597
Universal Corp.	3,710		191,881

 

236

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Strategic Equity Allocation Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Tobacco (continued)
Vector Group, Ltd.	22,682	$	248,595
			34,878,586
			462,357,428
Energy – 4.1%
Energy equipment and services – 0.4%
Archrock, Inc.	21,271		418,401
Atlas Energy Solutions, Inc.	2,679		60,599
Baker Hughes Company	88,253		2,956,476
Borr Drilling, Ltd. (A)	33,942		232,503
Bristow Group, Inc. (A)	3,650		99,280
Cactus, Inc., Class A	10,048		503,304
ChampionX Corp.	67,226		2,412,741
Core Laboratories, Inc.	7,722		131,892
Diamond Offshore Drilling, Inc. (A)	15,905		216,944
DMC Global, Inc. (A)	3,067		59,776
Dril-Quip, Inc. (A)	5,549		125,019
Expro Group Holdings NV (A)	13,829		276,165
Forum Energy Technologies, Inc. (A)	1,545		30,869
Halliburton Company	78,444		3,092,262
Helix Energy Solutions Group, Inc. (A)	22,422		243,054
Helmerich & Payne, Inc.	15,070		633,844
KLX Energy Services Holdings, Inc. (A)	1,903		14,729
Kodiak Gas Services, Inc.	2,724		74,474
Liberty Energy, Inc.	25,396		526,205
Nabors Industries, Ltd. (A)	1,404		120,927
Newpark Resources, Inc. (A)	11,857		85,608
Noble Corp. PLC	17,440		845,666
NOV, Inc.	76,195		1,487,326
Oceaneering International, Inc. (A)	15,505		362,817
Oil States International, Inc. (A)	9,752		60,072
Patterson-UTI Energy, Inc.	54,939		655,972
ProFrac Holding Corp., Class A (A)	4,432		37,052
ProPetro Holding Corp. (A)	15,182		122,671
Ranger Energy Services, Inc.	2,346		26,486
RPC, Inc.	13,010		100,697
Schlumberger, Ltd.	125,783		6,894,166
SEACOR Marine Holdings, Inc. (A)	3,793		52,874
Seadrill, Ltd. (A)	7,552		379,866
Select Water Solutions, Inc.	12,415		114,590
Solaris Oilfield Infrastructure, Inc., Class A	4,022		34,871
Tenaris SA	63,527		1,256,007
TETRA Technologies, Inc. (A)	19,402		85,951
Tidewater, Inc. (A)	7,224		664,608
U.S. Silica Holdings, Inc. (A)	11,584		143,757
Valaris, Ltd. (A)	21,487		1,617,112
Weatherford International PLC (A)	25,018		2,887,578
			30,145,211
Oil, gas and consumable fuels – 3.7%
Aker BP ASA	42,508		1,066,164
Amplify Energy Corp. (A)	6,526		43,137
Ampol, Ltd.	32,056		831,541
Antero Midstream Corp.	65,881		926,287
Antero Resources Corp. (A)	54,644		1,584,676
APA Corp.	27,712		952,739
Ardmore Shipping Corp.	6,650		109,193
Berry Corp.	11,997		96,576
BP PLC	2,302,549		14,444,867
California Resources Corp.	10,788		594,419
Callon Petroleum Company (A)	9,543		341,258
Centrus Energy Corp., Class A (A)	1,923		79,862
Chesapeake Energy Corp. (B)	21,503		1,910,111
Chevron Corp.	152,861		24,112,294
Chord Energy Corp.	14,413		2,568,973

Strategic Equity Allocation Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Oil, gas and consumable fuels (continued)
Civitas Resources, Inc.	29,117	$	2,210,271
Clean Energy Fuels Corp. (A)	26,388		70,720
CNX Resources Corp. (A)	53,477		1,268,474
Comstock Resources, Inc.	14,154		131,349
ConocoPhillips	103,871		13,220,701
CONSOL Energy, Inc.	4,722		395,515
Coterra Energy, Inc.	65,102		1,815,044
Crescent Energy Company, Class A	12,238		145,632
CVR Energy, Inc.	4,500		160,470
Delek US Holdings, Inc.	9,862		303,158
Devon Energy Corp.	56,278		2,824,030
DHT Holdings, Inc.	21,290		244,835
Diamondback Energy, Inc.	15,765		3,124,150
Dorian LPG, Ltd.	5,273		202,800
DT Midstream, Inc.	18,756		1,145,992
Encore Energy Corp. (A)(B)	22,932		100,442
ENEOS Holdings, Inc.	387,576		1,867,283
Energy Fuels, Inc. (A)(B)	24,535		154,325
Eni SpA	295,176		4,673,826
EOG Resources, Inc.	51,383		6,568,803
EQT Corp.	37,165		1,377,707
Equinor ASA	121,191		3,249,663
Equitrans Midstream Corp.	151,507		1,892,322
Evolution Petroleum Corp.	5,942		36,484
Excelerate Energy, Inc., Class A	3,048		48,829
Exxon Mobil Corp.	349,975		40,681,094
FLEX LNG, Ltd. (B)	4,538		115,401
FutureFuel Corp.	4,959		39,920
Galp Energia SGPS SA	62,520		1,033,604
Gevo, Inc. (A)(B)	40,845		31,398
Golar LNG, Ltd.	15,491		372,713
Granite Ridge Resources, Inc.	5,585		36,303
Green Plains, Inc. (A)	9,002		208,126
Gulfport Energy Corp. (A)	1,713		274,286
Hallador Energy Company (A)	3,314		17,664
Hess Corp.	24,267		3,704,115
HF Sinclair Corp.	30,173		1,821,544
HighPeak Energy, Inc. (B)	2,086		32,896
Idemitsu Kosan Company, Ltd.	130,227		892,854
Inpex Corp.	130,573		1,984,865
International Seaways, Inc.	6,307		335,532
Kinder Morgan, Inc.	170,456		3,126,163
Kinetik Holdings, Inc.	2,846		113,470
Kosmos Energy, Ltd. (A)	71,093		423,714
Magnolia Oil & Gas Corp., Class A (B)	27,640		717,258
Marathon Oil Corp.	49,930		1,415,016
Marathon Petroleum Corp.	32,438		6,536,257
Matador Resources Company	38,933		2,599,556
Murphy Oil Corp.	51,007		2,331,020
NACCO Industries, Inc., Class A	665		20,083
Neste OYJ	56,911		1,543,153
NextDecade Corp. (A)	12,701		72,142
Nordic American Tankers, Ltd.	31,166		122,171
Northern Oil and Gas, Inc.	13,603		539,767
Occidental Petroleum Corp.	58,027		3,771,175
OMV AG	19,811		938,299
ONEOK, Inc.	51,388		4,119,776
Overseas Shipholding Group, Inc., Class A	10,401		66,566
Ovintiv, Inc.	48,874		2,536,561
Par Pacific Holdings, Inc. (A)	8,575		317,790
PBF Energy, Inc., Class A	38,331		2,206,716
Peabody Energy Corp.	17,696		429,305
Permian Resources Corp.	146,351		2,584,559
Phillips 66	37,916		6,193,199

 

237

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Strategic Equity Allocation Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Oil, gas and consumable fuels (continued)
Pioneer Natural Resources Company	20,595	$	5,406,188
Range Resources Corp.	46,674		1,606,986
Repsol SA	163,243		2,724,723
REX American Resources Corp. (A)	2,442		143,370
Riley Exploration Permian, Inc.	1,519		50,127
Ring Energy, Inc. (A)(B)	22,058		43,234
SandRidge Energy, Inc.	4,602		67,051
Santos, Ltd.	436,886		2,211,912
Scorpio Tankers, Inc.	7,405		529,828
SFL Corp., Ltd.	17,746		233,892
Shell PLC	874,716		29,022,614
SilverBow Resources, Inc. (A)	3,323		113,447
Sitio Royalties Corp., Class A	12,756		315,328
SM Energy Company	18,238		909,164
Southwestern Energy Company (A)	213,017		1,614,669
Talos Energy, Inc. (A)	17,317		241,226
Targa Resources Corp.	19,428		2,175,742
Teekay Corp. (A)	9,549		69,517
Teekay Tankers, Ltd., Class A	3,783		220,965
Tellurian, Inc. (A)(B)	89,080		58,918
The Williams Companies, Inc.	107,321		4,182,299
TotalEnergies SE	292,041		20,089,319
Uranium Energy Corp. (A)	58,785		396,799
VAALCO Energy, Inc.	16,544		115,312
Valero Energy Corp.	30,009		5,122,236
Vital Energy, Inc. (A)	3,697		194,240
Vitesse Energy, Inc.	3,797		90,103
W&T Offshore, Inc.	16,507		43,744
Woodside Energy Group, Ltd.	255,414		5,091,006
World Kinect Corp.	9,296		245,879
			274,530,791
			304,676,002
Financials – 14.8%
Banks – 5.7%
1st Source Corp.	2,651		138,965
ABN AMRO Bank NV (C)	64,039		1,095,850
ACNB Corp.	1,433		53,881
AIB Group PLC	211,360		1,072,956
Amalgamated Financial Corp.	2,713		65,112
Amerant Bancorp, Inc.	4,021		93,649
American National Bankshares, Inc.	1,646		78,613
Ameris Bancorp	10,086		487,961
Ames National Corp.	1,471		29,685
ANZ Group Holdings, Ltd.	404,564		7,753,913
Arrow Financial Corp.	2,396		59,948
Associated Banc-Corp.	51,516		1,108,109
Atlantic Union Bankshares Corp.	11,576		408,749
Axos Financial, Inc. (A)	8,555		462,312
Banc of California, Inc.	20,035		304,732
BancFirst Corp.	3,444		303,175
Banco Bilbao Vizcaya Argentaria SA (B)	785,309		9,351,844
Banco BPM SpA	163,055		1,084,850
Banco Santander SA	2,177,060		10,633,696
Bank First Corp. (B)	1,498		129,832
Bank Hapoalim BM	170,893		1,601,514
Bank Leumi Le-Israel BM	204,851		1,702,821
Bank of America Corp.	606,663		23,004,661
Bank of Hawaii Corp.	6,019		375,525
Bank of Ireland Group PLC	142,134		1,450,488
Bank of Marin Bancorp	2,477		41,539
Bank OZK	20,352		925,202
BankUnited, Inc.	11,302		316,456
Bankwell Financial Group, Inc.	765		19,844
Banner Corp.	5,279		253,392
Banque Cantonale Vaudoise	4,052		471,394

Strategic Equity Allocation Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Banks (continued)
Bar Harbor Bankshares	2,551	$	67,550
Barclays PLC	2,038,558		4,724,654
BayCom Corp.	1,988		40,973
BCB Bancorp, Inc.	2,333		24,380
Berkshire Hills Bancorp, Inc.	7,054		161,678
Blue Foundry Bancorp (A)	4,076		38,151
BNP Paribas SA	138,920		9,890,392
BOC Hong Kong Holdings, Ltd.	497,772		1,334,671
Bridgewater Bancshares, Inc. (A)	3,585		41,729
Brookline Bancorp, Inc.	14,178		141,213
Burke & Herbert Financial Services Corp.	1,002		56,142
Business First Bancshares, Inc.	3,841		85,577
Byline Bancorp, Inc.	4,192		91,050
C&F Financial Corp.	507		24,843
Cadence Bank	63,232		1,833,728
CaixaBank SA (B)	504,588		2,448,551
Cambridge Bancorp	1,187		80,906
Camden National Corp.	2,216		74,280
Capital Bancorp, Inc.	1,720		35,828
Capital City Bank Group, Inc.	2,197		60,857
Capitol Federal Financial, Inc.	20,758		123,718
Capstar Financial Holdings, Inc.	3,077		61,848
Carter Bankshares, Inc. (A)	3,666		46,338
Cathay General Bancorp	10,576		400,090
Central Pacific Financial Corp.	3,950		78,013
Chemung Financial Corp.	388		16,482
ChoiceOne Financial Services, Inc.	1,148		31,398
Citigroup, Inc.	167,659		10,602,755
Citizens & Northern Corp.	2,800		52,584
Citizens Financial Group, Inc.	42,124		1,528,680
Citizens Financial Services, Inc.	610		30,012
City Holding Company	2,264		235,954
Civista Bancshares, Inc.	2,694		41,434
CNB Financial Corp.	3,333		67,960
Coastal Financial Corp. (A)	1,667		64,796
Codorus Valley Bancorp, Inc.	1,604		36,507
Colony Bankcorp, Inc.	2,888		33,212
Columbia Banking System, Inc.	40,345		780,676
Columbia Financial, Inc. (A)	4,817		82,901
Comerica, Inc.	11,915		655,206
Commerce Bancshares, Inc.	22,913		1,218,972
Commerzbank AG	141,808		1,949,035
Commonwealth Bank of Australia	225,270		17,670,045
Community Bank System, Inc.	8,182		392,981
Community Trust Bancorp, Inc.	2,434		103,810
Community West Bancshares	1,525		30,332
Concordia Financial Group, Ltd.	142,568		716,576
ConnectOne Bancorp, Inc.	5,637		109,922
Credit Agricole SA	143,726		2,144,094
CrossFirst Bankshares, Inc. (A)	7,262		100,506
Cullen/Frost Bankers, Inc.	12,418		1,397,894
Customers Bancorp, Inc. (A)	4,442		235,693
CVB Financial Corp.	20,428		364,436
Danske Bank A/S	92,784		2,785,041
DBS Group Holdings, Ltd.	243,656		6,502,647
Dime Community Bancshares, Inc.	5,485		105,641
DNB Bank ASA	124,505		2,474,854
Eagle Bancorp, Inc.	4,699		110,380
East West Bancorp, Inc.	27,259		2,156,459
Eastern Bankshares, Inc.	24,421		336,521
Enterprise Financial Services Corp.	5,600		227,136
Equity Bancshares, Inc., Class A	2,411		82,866
Erste Group Bank AG	46,253		2,061,389
Esquire Financial Holdings, Inc.	1,046		49,654

 

238

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Strategic Equity Allocation Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Banks (continued)
ESSA Bancorp, Inc.	1,637	$	29,843
Evans Bancorp, Inc.	741		22,126
Farmers & Merchants Bancorp, Inc.	2,104		46,898
Farmers National Banc Corp.	5,754		76,873
FB Financial Corp.	5,616		211,499
Fidelity D&D Bancorp, Inc.	773		37,436
Fifth Third Bancorp	59,423		2,211,130
Financial Institutions, Inc.	2,453		46,165
FinecoBank SpA	82,143		1,230,238
First Bancorp (North Carolina)	6,247		225,642
First Bancorp (Puerto Rico)	26,012		456,250
First Bank	3,409		46,840
First Busey Corp.	8,154		196,104
First Business Financial Services, Inc.	1,340		50,250
First Commonwealth Financial Corp.	16,075		223,764
First Community Bankshares, Inc.	2,975		103,024
First Financial Bancorp	14,439		323,722
First Financial Bankshares, Inc.	45,022		1,477,172
First Financial Corp.	1,709		65,506
First Foundation, Inc.	8,065		60,891
First Horizon Corp.	108,078		1,664,401
First Interstate BancSystem, Inc., Class A	12,737		346,574
First Merchants Corp.	9,181		320,417
First Mid Bancshares, Inc.	3,470		113,400
First Western Financial, Inc. (A)	1,290		18,808
Five Star Bancorp	1,913		43,043
Flushing Financial Corp.	4,467		56,329
FNB Corp.	69,406		978,625
FS Bancorp, Inc.	1,264		43,873
Fulton Financial Corp.	24,441		388,367
German American Bancorp, Inc.	4,639		160,695
Glacier Bancorp, Inc.	38,707		1,559,118
Great Southern Bancorp, Inc.	1,497		82,066
Greene County Bancorp, Inc.	1,302		37,485
Guaranty Bancshares, Inc.	1,310		39,772
Hancock Whitney Corp.	29,957		1,379,220
Hang Seng Bank, Ltd.	102,872		1,127,652
Hanmi Financial Corp.	4,487		71,433
HarborOne Bancorp, Inc.	6,877		73,309
HBT Financial, Inc.	2,590		49,314
Heartland Financial USA, Inc.	6,619		232,658
Heritage Commerce Corp.	9,141		78,430
Heritage Financial Corp.	5,237		101,545
Hilltop Holdings, Inc.	7,195		225,347
Home Bancorp, Inc.	1,215		46,547
Home BancShares, Inc.	65,380		1,606,387
HomeStreet, Inc.	3,058		46,023
HomeTrust Bancshares, Inc.	2,543		69,526
Hope Bancorp, Inc.	17,387		200,124
Horizon Bancorp, Inc.	6,740		86,474
HSBC Holdings PLC	2,577,029		20,144,183
Huntington Bancshares, Inc.	125,157		1,745,940
Independent Bank Corp. (Massachusetts)	6,820		354,776
Independent Bank Corp. (Michigan)	3,088		78,281
Independent Bank Group, Inc.	5,626		256,827
ING Groep NV	447,039		7,359,727
International Bancshares Corp.	18,609		1,044,709
Intesa Sanpaolo SpA	1,967,463		7,142,941
Israel Discount Bank, Ltd., Class A	166,403		860,570
Japan Post Bank Company, Ltd.	194,654		2,091,618
John Marshall Bancorp, Inc.	1,961		35,141
JPMorgan Chase & Co.	254,781		51,032,634
KBC Group NV	33,681		2,525,135
Kearny Financial Corp.	8,920		57,445

Strategic Equity Allocation Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Banks (continued)
KeyCorp	84,592	$	1,337,400
Lakeland Bancorp, Inc.	9,993		120,915
Lakeland Financial Corp.	3,840		254,669
LCNB Corp.	1,814		28,915
Live Oak Bancshares, Inc.	5,188		215,354
Lloyds Banking Group PLC	8,551,144		5,592,410
M&T Bank Corp.	14,462		2,103,353
Macatawa Bank Corp.	5,177		50,683
Mediobanca Banca di Credito Finanziario SpA	68,599		1,022,226
Mercantile Bank Corp.	2,651		102,037
Metrocity Bankshares, Inc.	3,135		78,250
Metropolitan Bank Holding Corp. (A)	1,591		61,254
Mid Penn Bancorp, Inc.	2,611		52,246
Middlefield Banc Corp.	1,342		32,047
Midland States Bancorp, Inc.	2,978		74,837
MidWestOne Financial Group, Inc.	2,291		53,701
Mitsubishi UFJ Financial Group, Inc.	1,493,674		15,196,781
Mizrahi Tefahot Bank, Ltd.	20,833		781,022
Mizuho Financial Group, Inc.	324,495		6,416,985
MVB Financial Corp.	1,857		41,430
National Australia Bank, Ltd.	419,622		9,501,112
National Bank Holdings Corp., Class A	5,655		203,976
National Bankshares, Inc.	927		30,971
NatWest Group PLC	767,406		2,570,302
NBT Bancorp, Inc.	7,134		261,675
New York Community Bancorp, Inc. (B)	139,665		449,721
Nicolet Bankshares, Inc.	2,002		172,152
Nordea Bank (Nasdaq Stockholm Exchange)	427,152		4,828,819
Northeast Bank	1,092		60,431
Northeast Community Bancorp, Inc.	1,765		27,763
Northfield Bancorp, Inc.	6,165		59,924
Northrim BanCorp, Inc.	867		43,792
Northwest Bancshares, Inc.	19,328		225,171
Norwood Financial Corp.	1,151		31,319
Oak Valley Bancorp	1,319		32,685
OceanFirst Financial Corp.	8,901		146,065
OFG Bancorp	7,053		259,621
Old National Bancorp	101,413		1,765,600
Old Second Bancorp, Inc.	7,332		101,475
Orange County Bancorp, Inc.	824		37,904
Origin Bancorp, Inc.	4,611		144,048
Orrstown Financial Services, Inc.	1,675		44,840
Oversea-Chinese Banking Corp., Ltd.	455,500		4,551,293
Pacific Premier Bancorp, Inc.	14,582		349,968
Park National Corp.	2,213		300,636
Pathward Financial, Inc.	4,007		202,273
PCB Bancorp	1,900		31,027
Peapack-Gladstone Financial Corp.	2,590		63,015
Penns Woods Bancorp, Inc.	948		18,401
Peoples Bancorp, Inc.	5,566		164,809
Peoples Financial Services Corp.	1,123		48,413
Pinnacle Financial Partners, Inc.	14,711		1,263,381
Plumas Bancorp	1,063		39,108
Ponce Financial Group, Inc. (A)	3,535		31,462
Preferred Bank	1,826		140,182
Premier Financial Corp.	5,495		111,549
Primis Financial Corp.	3,323		40,441
Princeton Bancorp, Inc.	583		17,945
Prosperity Bancshares, Inc.	18,128		1,192,460
Provident Financial Services, Inc.	11,478		167,234
QCR Holdings, Inc.	2,556		155,251
RBB Bancorp	2,465		44,395
Red River Bancshares, Inc.	769		38,289

 

239

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Strategic Equity Allocation Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Banks (continued)
Regions Financial Corp.	80,096	$	1,685,220
Renasant Corp.	8,620		269,978
Republic Bancorp, Inc., Class A	1,339		68,289
Resona Holdings, Inc.	285,992		1,762,985
S&T Bancorp, Inc.	5,910		189,593
Sandy Spring Bancorp, Inc.	6,924		160,498
Seacoast Banking Corp. of Florida	12,972		329,359
ServisFirst Bancshares, Inc.	7,903		524,443
Shizuoka Financial Group, Inc.	62,968		599,172
Shore Bancshares, Inc.	4,907		56,431
Sierra Bancorp	2,254		45,531
Simmons First National Corp., Class A	19,141		372,484
Skandinaviska Enskilda Banken AB, A Shares	213,460		2,891,856
SmartFinancial, Inc.	2,771		58,385
Societe Generale SA	97,213		2,604,628
South Plains Financial, Inc.	1,794		48,007
Southern First Bancshares, Inc. (A)	1,294		41,097
Southern Missouri Bancorp, Inc.	1,537		67,182
Southern States Bancshares, Inc.	1,221		31,648
Southside Bancshares, Inc.	4,475		130,804
SouthState Corp.	26,305		2,236,714
Standard Chartered PLC	304,725		2,583,372
Stellar Bancorp, Inc.	7,663		186,671
Stock Yards Bancorp, Inc.	4,317		211,144
Sumitomo Mitsui Financial Group, Inc. (B)	170,925		9,994,447
Sumitomo Mitsui Trust Holdings, Inc.	88,141		1,899,139
Summit Financial Group, Inc.	1,344		36,503
Svenska Handelsbanken AB, A Shares	196,203		1,983,608
Swedbank AB, A Shares (B)	114,205		2,266,710
Synovus Financial Corp.	28,286		1,133,137
Texas Capital Bancshares, Inc. (A)	16,512		1,016,314
The Bancorp, Inc. (A)	8,076		270,223
The Bank of NT Butterfield & Son, Ltd.	7,383		236,182
The Chiba Bank, Ltd.	71,305		593,342
The First Bancshares, Inc.	4,883		126,714
The First of Long Island Corp.	3,379		37,473
The Hingham Institution for Savings (B)	262		45,709
The PNC Financial Services Group, Inc.	35,075		5,668,120
Third Coast Bancshares, Inc. (A)	2,022		40,480
Timberland Bancorp, Inc.	1,207		32,492
Tompkins Financial Corp.	2,231		112,197
Towne Bank	10,970		307,818
TriCo Bancshares	4,854		178,530
Triumph Financial, Inc. (A)	3,464		274,764
Truist Financial Corp.	117,484		4,579,526
Trustmark Corp.	9,595		269,715
U.S. Bancorp	137,151		6,130,650
UMB Financial Corp.	15,257		1,327,206
UniCredit SpA	207,316		7,873,713
United Bankshares, Inc.	46,101		1,649,955
United Community Banks, Inc.	17,709		466,101
United Overseas Bank, Ltd.	170,090		3,697,760
Unity Bancorp, Inc.	1,328		36,653
Univest Financial Corp.	4,465		92,961
USCB Financial Holdings, Inc.	2,025		23,085
Valley National Bancorp	148,865		1,184,965
Veritex Holdings, Inc.	8,000		163,920
Virginia National Bankshares Corp.	765		23,027
WaFd, Inc.	10,428		302,725
Washington Trust Bancorp, Inc.	2,626		70,587
Webster Financial Corp.	33,273		1,689,270
Wells Fargo & Company	317,110		18,379,696
WesBanco, Inc.	9,103		271,360

Strategic Equity Allocation Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Banks (continued)
West BanCorp, Inc.	3,052	$	54,417
Westamerica BanCorp	3,950		193,076
Westpac Banking Corp.	471,021		8,011,196
Wintrust Financial Corp.	11,845		1,236,500
WSFS Financial Corp.	9,469		427,431
Zions Bancorp NA	28,655		1,243,627
			423,949,459
Capital markets – 2.6%
3i Group PLC	130,935		4,642,615
abrdn PLC	247,626		441,115
Affiliated Managers Group, Inc.	6,540		1,095,254
AlTi Global, Inc. (A)(B)	3,627		20,529
Ameriprise Financial, Inc.	8,845		3,878,002
Amundi SA (C)	8,258		567,215
Artisan Partners Asset Management, Inc., Class A	9,349		427,904
AssetMark Financial Holdings, Inc. (A)	3,406		120,606
ASX, Ltd.	26,043		1,126,697
B. Riley Financial, Inc. (B)	3,255		68,908
Bakkt Holdings, Inc. (A)	11,422		5,252
BGC Group, Inc., Class A	55,799		433,558
BlackRock, Inc.	12,330		10,279,521
Brightsphere Investment Group, Inc.	5,293		120,892
Cboe Global Markets, Inc.	9,537		1,752,233
CME Group, Inc.	31,735		6,832,228
Cohen & Steers, Inc.	4,000		307,560
Daiwa Securities Group, Inc.	179,434		1,365,196
Deutsche Bank AG	260,727		4,106,513
Deutsche Boerse AG	25,558		5,234,019
Diamond Hill Investment Group, Inc.	423		65,214
Donnelley Financial Solutions, Inc. (A)	3,815		236,568
EQT AB	50,230		1,590,256
Euronext NV (C)	11,526		1,096,930
Evercore, Inc., Class A	6,704		1,291,123
FactSet Research Systems, Inc.	3,432		1,559,466
Federated Hermes, Inc.	15,804		570,840
Forge Global Holdings, Inc. (A)	16,709		32,248
Franklin Resources, Inc.	25,472		716,018
Futu Holdings, Ltd., ADR (A)	7,430		402,335
GCM Grosvenor, Inc., Class A	7,571		73,136
Hamilton Lane, Inc., Class A	5,626		634,388
Hargreaves Lansdown PLC	47,856		444,154
Hong Kong Exchanges & Clearing, Ltd.	162,018		4,720,922
Houlihan Lokey, Inc.	10,081		1,292,283
Interactive Brokers Group, Inc., Class A	20,699		2,312,285
Intercontinental Exchange, Inc.	50,499		6,940,078
Invesco, Ltd.	40,619		673,869
Janus Henderson Group PLC	25,633		843,069
Japan Exchange Group, Inc.	67,548		1,829,568
Jefferies Financial Group, Inc.	32,795		1,446,260
Julius Baer Group, Ltd.	27,710		1,607,134
London Stock Exchange Group PLC	56,023		6,703,378
Macquarie Group, Ltd.	49,209		6,400,984
MarketAxess Holdings, Inc.	3,425		750,931
Moelis & Company, Class A	10,287		583,993
Moody's Corp.	13,886		5,457,615
Morgan Stanley	110,387		10,394,040
Morningstar, Inc.	5,038		1,553,568
MSCI, Inc.	6,972		3,907,457
Nasdaq, Inc.	29,474		1,859,809
Nomura Holdings, Inc.	404,275		2,587,569
Northern Trust Corp.	17,772		1,580,286
Open Lending Corp. (A)	16,390		102,601
P10, Inc., Class A	7,323		61,660
Partners Group Holding AG	3,053		4,361,166

 

240

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Strategic Equity Allocation Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Capital markets (continued)
Patria Investments, Ltd., Class A	8,469	$	125,680
Perella Weinberg Partners	6,461		91,294
Piper Sandler Companies	2,655		526,991
PJT Partners, Inc., Class A	3,653		344,332
Raymond James Financial, Inc.	16,343		2,098,768
S&P Global, Inc.	28,335		12,055,126
SBI Holdings, Inc.	33,355		874,906
Schroders PLC	108,415		515,063
SEI Investments Company	19,283		1,386,448
Silvercrest Asset Management Group, Inc., Class A	2,049		32,395
Singapore Exchange, Ltd.	115,334		787,076
St. James's Place PLC	73,797		432,943
State Street Corp.	26,592		2,056,093
StepStone Group, Inc., Class A	8,476		302,932
Stifel Financial Corp.	19,728		1,542,138
StoneX Group, Inc. (A)	4,195		294,741
T. Rowe Price Group, Inc.	19,542		2,382,561
The Bank of New York Mellon Corp.	66,951		3,857,717
The Blackstone Group, Inc.	63,408		8,329,909
The Carlyle Group, Inc.	41,871		1,964,169
The Charles Schwab Corp.	131,146		9,487,102
The Goldman Sachs Group, Inc.	28,727		11,998,981
UBS Group AG	442,426		13,622,705
Victory Capital Holdings, Inc., Class A	4,106		174,218
Virtus Investment Partners, Inc.	1,064		263,851
WisdomTree, Inc.	22,799		209,523
			195,266,680
Consumer finance – 0.4%
Ally Financial, Inc.	52,508		2,131,300
American Express Company	50,407		11,477,170
Atlanticus Holdings Corp. (A)	848		25,092
Bread Financial Holdings, Inc.	7,493		279,039
Capital One Financial Corp.	33,522		4,991,091
Discover Financial Services	21,987		2,882,276
Encore Capital Group, Inc. (A)	3,593		163,877
Enova International, Inc. (A)	4,462		280,347
FirstCash Holdings, Inc.	13,029		1,661,719
Green Dot Corp., Class A (A)	7,827		73,026
LendingClub Corp. (A)	17,490		153,737
LendingTree, Inc. (A)	1,641		69,480
Navient Corp.	12,059		209,827
Nelnet, Inc., Class A	1,944		184,000
NerdWallet, Inc., Class A (A)	5,333		78,395
PRA Group, Inc. (A)	6,116		159,505
PROG Holdings, Inc.	6,767		233,055
Regional Management Corp.	1,500		36,315
SLM Corp.	42,611		928,494
Synchrony Financial	35,632		1,536,452
Upstart Holdings, Inc. (A)(B)	11,359		305,444
World Acceptance Corp. (A)	658		95,397
			27,955,038
Financial services – 2.8%
Adyen NV (A)(C)	2,922		4,935,657
Alerus Financial Corp.	2,811		61,364
A-Mark Precious Metals, Inc.	2,841		87,190
AvidXchange Holdings, Inc. (A)	23,235		305,540
Banco Latinoamericano de Comercio Exterior SA, Class E	4,103		121,531
Berkshire Hathaway, Inc., Class B (A)	160,350		67,430,382
Cannae Holdings, Inc. (A)	10,719		238,391
Cantaloupe, Inc. (A)	8,742		56,211
Cass Information Systems, Inc.	2,309		111,225
Compass Diversified Holdings	9,914		238,630
Corpay, Inc. (A)	6,269		1,934,237

Strategic Equity Allocation Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Financial services (continued)
Edenred SE	33,574	$	1,792,674
Enact Holdings, Inc.	4,511		140,653
Equitable Holdings, Inc.	60,691		2,306,865
Essent Group, Ltd.	36,782		2,188,897
Eurazeo SE	5,629		493,239
Euronet Worldwide, Inc. (A)	8,475		931,657
EVERTEC, Inc.	10,092		402,671
EXOR NV	12,591		1,401,206
Federal Agricultural Mortgage Corp., Class C	1,400		275,632
Fidelity National Information Services, Inc.	52,220		3,873,680
Fiserv, Inc. (A)	52,925		8,458,474
Flywire Corp. (A)	16,577		411,275
Global Payments, Inc.	22,944		3,066,695
Groupe Bruxelles Lambert NV	11,841		895,157
i3 Verticals, Inc., Class A (A)	3,738		85,563
Industrivarden AB, A Shares	17,149		589,750
Industrivarden AB, C Shares	20,237		695,880
International Money Express, Inc. (A)	4,862		110,999
Investor AB, B Shares	232,829		5,842,682
Jack Henry & Associates, Inc.	6,580		1,143,143
Jackson Financial, Inc., Class A	12,346		816,564
L.E. Lundbergforetagen AB, B Shares	10,224		553,405
M&G PLC	302,681		842,464
Marqeta, Inc., Class A (A)	74,763		445,587
Mastercard, Inc., Class A	72,715		35,017,363
Merchants Bancorp	2,502		108,036
MGIC Investment Corp.	52,705		1,178,484
Mitsubishi HC Capital, Inc.	108,513		756,839
Mr. Cooper Group, Inc. (A)	9,976		777,629
NewtekOne, Inc.	3,959		43,549
Nexi SpA (A)(C)	79,442		503,331
NMI Holdings, Inc., Class A (A)	12,557		406,093
Ocwen Financial Corp. (A)	1,021		27,577
ORIX Corp.	157,801		3,451,383
PagSeguro Digital, Ltd., Class A (A)	30,733		438,867
Payoneer Global, Inc. (A)	41,421		201,306
PayPal Holdings, Inc. (A)	94,403		6,324,057
Paysafe, Ltd. (A)	5,550		87,635
PennyMac Financial Services, Inc.	3,940		358,895
Radian Group, Inc.	24,012		803,682
Remitly Global, Inc. (A)	20,788		431,143
Repay Holdings Corp. (A)	12,932		142,252
Sofina SA	2,073		464,869
StoneCo, Ltd., Class A (A)	45,101		749,128
The Western Union Company	67,794		947,760
TrustCo Bank Corp. NY	3,051		85,916
Velocity Financial, Inc. (A)	1,359		24,462
Visa, Inc., Class A	139,402		38,904,310
Voya Financial, Inc.	19,923		1,472,708
Walker & Dunlop, Inc.	4,915		496,710
Washington H. Soul Pattinson & Company, Ltd.	31,567		691,081
Waterstone Financial, Inc.	2,708		32,956
WEX, Inc. (A)	8,266		1,963,423
Wise PLC, Class A (A)	82,711		966,838
Worldline SA (A)(C)	32,356		400,293
			211,543,745
Insurance – 3.2%
Admiral Group PLC	35,023		1,255,144
Aegon, Ltd.	195,290		1,191,430
Aflac, Inc.	46,412		3,984,934
Ageas SA/NV	21,493		995,676
AIA Group, Ltd.	1,528,370		10,280,693

 

241

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Strategic Equity Allocation Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Insurance (continued)
Allianz SE	52,693	$	15,792,993
Ambac Financial Group, Inc. (A)	7,163		111,958
American Coastal Insurance Corp. (A)	3,250		34,743
American Equity Investment Life Holding Company (A)	12,159		683,579
American Financial Group, Inc.	12,618		1,722,105
American International Group, Inc.	61,822		4,832,626
AMERISAFE, Inc.	2,955		148,252
Aon PLC, Class A	17,647		5,889,157
Arch Capital Group, Ltd. (A)	32,726		3,025,191
Arthur J. Gallagher & Company	19,157		4,790,016
ASR Nederland NV	21,320		1,044,888
Assicurazioni Generali SpA	136,342		3,451,281
Assurant, Inc.	4,752		894,516
Aviva PLC	368,508		2,312,274
AXA SA	244,305		9,175,061
Baloise Holding AG	6,161		966,079
Brighthouse Financial, Inc. (A)	12,419		640,075
Brown & Brown, Inc.	20,449		1,790,105
BRP Group, Inc., Class A (A)	9,373		271,255
Chubb, Ltd.	35,735		9,260,011
Cincinnati Financial Corp.	13,535		1,680,641
CNO Financial Group, Inc.	37,964		1,043,251
Crawford & Company, Class A	2,295		21,642
Dai-ichi Life Holdings, Inc.	126,499		3,226,298
Donegal Group, Inc., Class A	3,536		49,999
eHealth, Inc. (A)	4,516		27,231
Employers Holdings, Inc.	4,050		183,830
Enstar Group, Ltd. (A)	1,826		567,448
Erie Indemnity Company, Class A	4,824		1,937,174
Everest Group, Ltd.	3,921		1,558,598
F&G Annuities & Life, Inc.	2,940		119,217
Fidelis Insurance Holdings, Ltd.	7,525		146,587
Fidelity National Financial, Inc.	50,008		2,655,425
First American Financial Corp.	19,957		1,218,375
Genworth Financial, Inc., Class A (A)	71,796		461,648
Gjensidige Forsikring ASA	26,906		390,526
Globe Life, Inc.	7,739		900,587
Goosehead Insurance, Inc., Class A (A)	3,336		222,244
Greenlight Capital Re, Ltd., Class A (A)	4,075		50,815
Hannover Rueck SE	8,111		2,221,005
HCI Group, Inc.	989		114,803
Helvetia Holding AG	4,993		688,389
Hippo Holdings, Inc. (A)	1,691		30,895
Horace Mann Educators Corp.	6,486		239,917
Insurance Australia Group, Ltd.	323,061		1,347,595
Investors Title Company	181		29,537
James River Group Holdings, Ltd.	6,298		58,571
Japan Post Holdings Company, Ltd.	279,343		2,814,415
Japan Post Insurance Company, Ltd.	25,774		492,674
Kemper Corp.	11,695		724,154
Kinsale Capital Group, Inc.	4,258		2,234,343
Legal & General Group PLC	804,354		2,584,128
Lemonade, Inc. (A)(B)	7,873		129,196
Loews Corp.	15,538		1,216,470
Marsh & McLennan Companies, Inc.	43,412		8,942,004
MBIA, Inc. (A)	7,512		50,781
Medibank Private, Ltd.	370,465		907,686
Mercury General Corp.	4,286		221,158
MetLife, Inc.	54,055		4,006,016
MS&AD Insurance Group Holdings, Inc.	173,067		3,055,936
Muenchener Rueckversicherungs-Gesellschaft AG	18,357		8,960,794
National Western Life Group, Inc., Class A	360		177,106

Strategic Equity Allocation Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Insurance (continued)
NN Group NV	36,421	$	1,681,378
Old Republic International Corp.	50,434		1,549,332
Oscar Health, Inc., Class A (A)	24,379		362,516
Palomar Holdings, Inc. (A)	3,803		318,805
Phoenix Group Holdings PLC	101,036		705,479
Poste Italiane SpA (C)	61,493		770,150
Primerica, Inc.	6,776		1,714,057
Principal Financial Group, Inc.	18,874		1,629,015
ProAssurance Corp. (A)	8,439		108,526
Prudential Financial, Inc.	31,799		3,733,203
Prudential PLC	369,880		3,468,945
QBE Insurance Group, Ltd.	200,962		2,375,512
Reinsurance Group of America, Inc.	12,748		2,458,834
RenaissanceRe Holdings, Ltd.	10,192		2,395,426
RLI Corp.	7,769		1,153,463
Safety Insurance Group, Inc.	2,226		182,955
Sampo OYJ, A Shares	60,726		2,590,341
Selective Insurance Group, Inc.	21,085		2,301,849
SelectQuote, Inc. (A)	23,679		47,358
SiriusPoint, Ltd. (A)	11,155		141,780
Skyward Specialty Insurance Group, Inc. (A)	3,791		141,821
Sompo Holdings, Inc.	119,913		2,513,384
Stewart Information Services Corp.	4,122		268,177
Suncorp Group, Ltd.	170,877		1,823,928
Swiss Life Holding AG	3,971		2,785,227
Swiss Re AG	40,573		5,219,103
T&D Holdings, Inc.	65,860		1,144,923
Talanx AG	8,685		688,000
The Allstate Corp.	23,137		4,002,932
The Hanover Insurance Group, Inc.	6,925		942,977
The Hartford Financial Services Group, Inc.	26,368		2,717,222
The Progressive Corp.	51,602		10,672,326
The Travelers Companies, Inc.	20,128		4,632,258
Tiptree, Inc.	3,743		64,679
Tokio Marine Holdings, Inc.	242,434		7,599,396
Trupanion, Inc. (A)(B)	6,208		171,403
Tryg A/S	46,971		968,276
United Fire Group, Inc.	3,765		81,964
Universal Insurance Holdings, Inc.	3,650		74,168
Unum Group	35,163		1,886,847
W.R. Berkley Corp.	17,513		1,548,850
Willis Towers Watson PLC	9,039		2,485,725
Zurich Insurance Group AG	19,687		10,635,201
			235,010,862
Mortgage real estate investment trusts – 0.1%
AFC Gamma, Inc.	2,227		27,570
Angel Oak Mortgage REIT, Inc.	1,864		20,019
Annaly Capital Management, Inc.	96,726		1,904,535
Apollo Commercial Real Estate Finance, Inc.	21,814		243,008
Arbor Realty Trust, Inc.	28,468		377,201
Ares Commercial Real Estate Corp.	8,189		61,008
ARMOUR Residential REIT, Inc.	7,490		148,077
Blackstone Mortgage Trust, Inc., Class A	26,463		526,878
BrightSpire Capital, Inc.	19,816		136,532
Chicago Atlantic Real Estate Finance, Inc.	2,651		41,806
Chimera Investment Corp.	35,493		163,623
Claros Mortgage Trust, Inc.	14,261		139,187
Dynex Capital, Inc.	8,554		106,497
Ellington Financial, Inc.	11,707		138,260
Franklin BSP Realty Trust, Inc.	12,945		172,945
Granite Point Mortgage Trust, Inc.	8,370		39,925

 

242

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Strategic Equity Allocation Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Mortgage real estate investment trusts (continued)
Hannon Armstrong Sustainable Infrastructure Capital, Inc.	16,450	$	467,180
Invesco Mortgage Capital, Inc.	7,048		68,225
KKR Real Estate Finance Trust, Inc.	9,541		95,982
Ladder Capital Corp.	17,482		194,575
MFA Financial, Inc.	15,548		177,403
New York Mortgage Trust, Inc.	14,960		107,712
Nexpoint Real Estate Finance, Inc.	1,160		16,658
Orchid Island Capital, Inc.	8,085		72,199
PennyMac Mortgage Investment Trust	13,441		197,314
Ready Capital Corp.	24,840		226,789
Redwood Trust, Inc.	18,265		116,348
Starwood Property Trust, Inc.	57,554		1,170,073
TPG RE Finance Trust, Inc.	11,737		90,610
Two Harbors Investment Corp.	14,922		197,567
			7,445,706
			1,101,171,490
Health care – 11.8%
Biotechnology – 1.8%
2seventy bio, Inc. (A)	8,710		46,599
4D Molecular Therapeutics, Inc. (A)	6,427		204,764
89bio, Inc. (A)	12,278		142,916
AbbVie, Inc.	155,565		28,328,387
ACADIA Pharmaceuticals, Inc. (A)	18,808		347,760
ACELYRIN, Inc. (A)	11,411		77,024
Achillion Pharmaceuticals, Inc. (A)(D)	23,194		35,243
Actinium Pharmaceuticals, Inc. (A)	4,803		37,607
Adicet Bio, Inc. (A)	9,223		21,674
ADMA Biologics, Inc. (A)	32,941		217,411
Aduro Biotech, Inc. (A)(D)	2,435		6,031
Aerovate Therapeutics, Inc. (A)	1,993		58,933
Agenus, Inc. (A)	58,080		33,686
Agios Pharmaceuticals, Inc. (A)	8,662		253,277
Akero Therapeutics, Inc. (A)	9,570		241,738
Albireo Pharma, Inc. (A)(D)	2,883		6,198
Aldeyra Therapeutics, Inc. (A)	7,783		25,450
Alector, Inc. (A)	10,821		65,142
Alkermes PLC (A)	25,726		696,403
Allakos, Inc. (A)	11,679		14,716
Allogene Therapeutics, Inc. (A)	15,406		68,865
Allovir, Inc. (A)	8,046		6,074
Alpine Immune Sciences, Inc. (A)	5,841		231,537
Altimmune, Inc. (A)	8,623		87,782
ALX Oncology Holdings, Inc. (A)(B)	4,285		47,778
Amgen, Inc.	47,130		13,400,002
Amicus Therapeutics, Inc. (A)	44,160		520,205
AnaptysBio, Inc. (A)	3,242		73,010
Anavex Life Sciences Corp. (A)(B)	11,738		59,746
Anika Therapeutics, Inc. (A)	2,211		56,159
Annexon, Inc. (A)	10,516		75,400
Apogee Therapeutics, Inc. (A)(B)	6,346		421,692
Arbutus Biopharma Corp. (A)	22,115		57,057
Arcellx, Inc. (A)	5,949		413,753
Arcturus Therapeutics Holdings, Inc. (A)	3,634		122,720
Arcus Biosciences, Inc. (A)	8,625		162,840
Arcutis Biotherapeutics, Inc. (A)	13,242		131,228
Ardelyx, Inc. (A)	35,572		259,676
Argenx SE (A)	7,907		3,117,517
Argenx SE, Additional Offering (A)	306		120,648
Arrowhead Pharmaceuticals, Inc. (A)	41,955		1,199,913
ARS Pharmaceuticals, Inc. (A)	4,166		42,577
Astria Therapeutics, Inc. (A)	7,655		107,744
Aura Biosciences, Inc. (A)	4,825		37,876
Aurinia Pharmaceuticals, Inc. (A)	21,083		105,626
Avid Bioservices, Inc. (A)	10,224		68,501

Strategic Equity Allocation Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Biotechnology (continued)
Avidity Biosciences, Inc. (A)	11,736	$	299,503
Avita Medical, Inc. (A)	4,263		68,336
Beam Therapeutics, Inc. (A)	11,513		380,390
BioAtla, Inc. (A)	7,220		24,837
BioCryst Pharmaceuticals, Inc. (A)	29,697		150,861
Biogen, Inc. (A)	12,752		2,749,714
Biohaven, Ltd. (A)	10,619		580,753
Biomea Fusion, Inc. (A)(B)	3,303		49,380
Bluebird Bio, Inc. (A)	29,811		38,158
Blueprint Medicines Corp. (A)	9,445		895,953
Bridgebio Pharma, Inc. (A)	17,782		549,819
Cabaletta Bio, Inc. (A)	5,265		89,821
CareDx, Inc. (A)	8,206		86,902
Cargo Therapeutics, Inc. (A)	3,292		73,477
Caribou Biosciences, Inc. (A)	13,007		66,856
Cartesian Therapeutics, Inc. (A)(D)	19,937		3,589
Catalyst Pharmaceuticals, Inc. (A)	16,203		258,276
Celcuity, Inc. (A)	3,175		68,580
Celldex Therapeutics, Inc. (A)	9,465		397,246
Century Therapeutics, Inc. (A)	3,602		15,056
Cerevel Therapeutics Holdings, Inc. (A)	10,838		458,122
CG Oncology, Inc. (A)	3,348		146,977
Chinook Therapeutics, Inc. (A)(D)	9,357		3,649
Cogent Biosciences, Inc. (A)	13,371		89,853
Coherus Biosciences, Inc. (A)	16,503		39,442
Compass Therapeutics, Inc. (A)	15,797		31,278
Crinetics Pharmaceuticals, Inc. (A)	10,191		477,041
CSL, Ltd.	64,985		12,192,966
Cullinan Oncology, Inc. (A)	4,375		74,550
Cytokinetics, Inc. (A)	33,648		2,359,061
Day One Biopharmaceuticals, Inc. (A)	9,862		162,920
Deciphera Pharmaceuticals, Inc. (A)	8,607		135,388
Denali Therapeutics, Inc. (A)	18,395		377,465
Disc Medicine, Inc. (A)	1,468		91,398
Dynavax Technologies Corp. (A)	20,021		248,461
Dyne Therapeutics, Inc. (A)	8,967		254,573
Editas Medicine, Inc. (A)	12,740		94,531
Emergent BioSolutions, Inc. (A)	6,522		16,501
Enanta Pharmaceuticals, Inc. (A)	3,463		60,464
Entrada Therapeutics, Inc. (A)	3,216		45,571
Erasca, Inc. (A)	15,508		31,946
Exelixis, Inc. (A)	58,645		1,391,646
Fate Therapeutics, Inc. (A)	14,542		106,738
Fennec Pharmaceuticals, Inc. (A)(B)	3,706		41,211
FibroGen, Inc. (A)	14,586		34,277
Foghorn Therapeutics, Inc. (A)	3,939		26,431
Genelux Corp. (A)(B)	3,026		19,457
Generation Bio Company (A)	7,197		29,292
Genmab A/S (A)	8,888		2,664,876
Geron Corp. (A)	82,273		271,501
Gilead Sciences, Inc.	109,743		8,038,675
Grifols SA (A)	40,126		360,931
Gritstone bio, Inc. (A)	15,389		39,550
Halozyme Therapeutics, Inc. (A)	45,663		1,857,571
Heron Therapeutics, Inc. (A)(B)	17,563		48,650
HilleVax, Inc. (A)	3,984		66,254
Humacyte, Inc. (A)	11,643		36,210
Icosavax, Inc. (A)(D)	4,180		1,296
Ideaya Biosciences, Inc. (A)	9,821		430,945
IGM Biosciences, Inc. (A)(B)	2,024		19,532
ImmunityBio, Inc. (A)(B)	20,516		110,171
Immunovant, Inc. (A)	8,396		271,275
Incyte Corp. (A)	16,806		957,438
Inhibrx, Inc. (A)	5,368		187,665
Inozyme Pharma, Inc. (A)	7,180		54,999

 

243

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Strategic Equity Allocation Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Biotechnology (continued)
Insmed, Inc. (A)	21,452	$	581,993
Intellia Therapeutics, Inc. (A)	13,690		376,612
Iovance Biotherapeutics, Inc. (A)	36,729		544,324
Ironwood Pharmaceuticals, Inc. (A)	22,281		194,068
iTeos Therapeutics, Inc. (A)	4,240		57,834
Janux Therapeutics, Inc. (A)	2,944		110,842
KalVista Pharmaceuticals, Inc. (A)	4,869		57,746
Karyopharm Therapeutics, Inc. (A)	18,141		27,393
Keros Therapeutics, Inc. (A)	3,897		257,981
Kiniksa Pharmaceuticals, Ltd., Class A (A)	4,857		95,829
Kodiak Sciences, Inc. (A)	5,111		26,884
Krystal Biotech, Inc. (A)	3,365		598,734
Kura Oncology, Inc. (A)	11,078		236,294
Kymera Therapeutics, Inc. (A)	6,229		250,406
Larimar Therapeutics, Inc. (A)	4,390		33,320
Lexeo Therapeutics, Inc. (A)	1,606		25,182
Lexicon Pharmaceuticals, Inc. (A)(B)	17,930		43,032
Lineage Cell Therapeutics, Inc. (A)(B)	25,394		37,583
Lyell Immunopharma, Inc. (A)	29,598		66,004
MacroGenics, Inc. (A)	9,336		137,426
Madrigal Pharmaceuticals, Inc. (A)	2,299		613,925
MannKind Corp. (A)	41,699		188,896
MeiraGTx Holdings PLC (A)	6,040		36,663
Merrimack Pharmaceuticals, Inc. (A)	1,515		22,377
Mersana Therapeutics, Inc. (A)	17,907		80,223
MiMedx Group, Inc. (A)	17,762		136,767
Mineralys Therapeutics, Inc. (A)	4,590		59,257
Mirum Pharmaceuticals, Inc. (A)	3,892		97,767
Moderna, Inc. (A)	29,226		3,114,323
Monte Rosa Therapeutics, Inc. (A)	5,466		38,535
Morphic Holding, Inc. (A)	5,762		202,822
Myriad Genetics, Inc. (A)	12,921		275,476
Neurocrine Biosciences, Inc. (A)	19,247		2,654,546
Nkarta, Inc. (A)	4,727		51,099
Novavax, Inc. (A)(B)	18,215		87,068
Nurix Therapeutics, Inc. (A)	8,044		118,247
Nuvalent, Inc., Class A (A)	4,116		309,070
Nuvectis Pharma, Inc. (A)(B)	1,379		11,308
Olema Pharmaceuticals, Inc. (A)	3,975		44,997
Omega Therapeutics, Inc. (A)(B)	3,845		14,034
Organogenesis Holdings, Inc. (A)	10,618		30,155
ORIC Pharmaceuticals, Inc. (A)	5,928		81,510
Ovid therapeutics, Inc. (A)	10,811		32,974
PDL BioPharma, Inc. (A)(D)	23,030		13,818
PDS Biotechnology Corp. (A)(B)	5,034		19,935
PepGen, Inc. (A)	1,548		22,756
Poseida Therapeutics, Inc. (A)	10,172		32,449
Precigen, Inc. (A)(B)	22,468		32,579
Prime Medicine, Inc. (A)(B)	6,908		48,356
Protagonist Therapeutics, Inc. (A)	8,928		258,287
Prothena Corp. PLC (A)	6,749		167,173
PTC Therapeutics, Inc. (A)	11,250		327,263
Radius Health, Inc. (A)(D)	8,191		655
RAPT Therapeutics, Inc. (A)	4,569		41,030
Recursion Pharmaceuticals, Inc., Class A (A)	21,304		212,401
Regeneron Pharmaceuticals, Inc. (A)	9,309		8,959,819
REGENXBIO, Inc. (A)	6,362		134,047
Relay Therapeutics, Inc. (A)	14,227		118,084
Replimune Group, Inc. (A)	8,514		69,559
REVOLUTION Medicines, Inc. (A)	22,363		720,759
Rhythm Pharmaceuticals, Inc. (A)	8,144		352,880
Rigel Pharmaceuticals, Inc. (A)	28,955		42,853
Rocket Pharmaceuticals, Inc. (A)	9,710		261,587

Strategic Equity Allocation Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Biotechnology (continued)
Roivant Sciences, Ltd. (A)	71,466	$	753,252
Sage Therapeutics, Inc. (A)	8,420		157,791
Sagimet Biosciences, Inc., Class A (A)(B)	3,756		20,358
Sana Biotechnology, Inc. (A)	15,810		158,100
Savara, Inc. (A)	15,157		75,482
Scholar Rock Holding Corp. (A)	8,843		157,052
SpringWorks Therapeutics, Inc. (A)	10,457		514,694
Stoke Therapeutics, Inc. (A)(B)	4,974		67,149
Summit Therapeutics, Inc. (A)(B)	19,514		80,788
Sutro Biopharma, Inc. (A)	10,848		61,291
Swedish Orphan Biovitrum AB (A)	26,217		654,379
Syndax Pharmaceuticals, Inc. (A)	11,952		284,458
Tango Therapeutics, Inc. (A)	7,412		58,851
Tenaya Therapeutics, Inc. (A)	7,730		40,428
TG Therapeutics, Inc. (A)	21,535		327,547
Travere Therapeutics, Inc. (A)	12,154		93,707
Twist Bioscience Corp. (A)	8,785		301,413
Tyra Biosciences, Inc. (A)	2,442		40,049
United Therapeutics Corp. (A)	9,090		2,088,155
UroGen Pharma, Ltd. (A)	4,337		65,055
Vanda Pharmaceuticals, Inc. (A)	9,640		39,620
Vaxcyte, Inc. (A)	16,172		1,104,709
Vera Therapeutics, Inc. (A)	6,152		265,274
Veracyte, Inc. (A)	11,285		250,076
Vericel Corp. (A)	7,397		384,792
Vertex Pharmaceuticals, Inc. (A)	22,705		9,490,917
Verve Therapeutics, Inc. (A)	10,366		137,660
Viking Therapeutics, Inc. (A)	15,759		1,292,238
Vir Biotechnology, Inc. (A)	13,172		133,432
Viridian Therapeutics, Inc. (A)	7,768		136,018
Voyager Therapeutics, Inc. (A)	5,326		49,585
Xencor, Inc. (A)	9,152		202,534
XOMA Corp. (A)	902		21,693
Y-mAbs Therapeutics, Inc. (A)	6,395		103,983
Zentalis Pharmaceuticals, Inc. (A)	9,014		142,061
Zymeworks, Inc. (A)	8,233		86,611
			136,902,158
Health care equipment and supplies – 2.3%
Abbott Laboratories	153,007		17,390,776
Accuray, Inc. (A)	16,358		40,404
Alcon, Inc.	67,219		5,559,778
Align Technology, Inc. (A)	6,198		2,032,448
Alphatec Holdings, Inc. (A)	14,502		199,983
AngioDynamics, Inc. (A)	6,498		38,143
Artivion, Inc. (A)	6,124		129,584
Asahi Intecc Company, Ltd.	29,232		512,138
AtriCure, Inc. (A)	7,212		219,389
Atrion Corp.	224		103,835
Avanos Medical, Inc. (A)	7,102		141,401
Axogen, Inc. (A)	7,107		57,353
Axonics, Inc. (A)	7,657		528,103
Baxter International, Inc.	44,049		1,882,654
Becton, Dickinson and Company	25,457		6,299,335
BioMerieux	5,573		614,667
Boston Scientific Corp. (A)	129,163		8,846,374
Butterfly Network, Inc. (A)(B)	24,293		26,236
Carl Zeiss Meditec AG, Bearer Shares	5,414		675,805
Cerus Corp. (A)	27,395		51,777
ClearPoint Neuro, Inc. (A)	4,398		29,906
Cochlear, Ltd.	8,810		1,937,593
Coloplast A/S, B Shares	16,965		2,290,563
CONMED Corp.	4,671		374,054
CVRx, Inc. (A)	1,803		32,833
Demant A/S (A)	13,556		673,778

 

244

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Strategic Equity Allocation Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Health care equipment and supplies (continued)
Dentsply Sirona, Inc.	19,142	$	635,323
DexCom, Inc. (A)	33,964		4,710,807
DiaSorin SpA	3,011		290,576
Edwards Lifesciences Corp. (A)	53,452		5,107,873
Embecta Corp.	8,953		118,806
Enovis Corp. (A)	9,609		600,082
Envista Holdings Corp. (A)	33,172		709,217
EssilorLuxottica SA	39,682		8,976,526
Fisher & Paykel Healthcare Corp., Ltd.	78,553		1,203,483
GE HealthCare Technologies, Inc.	35,374		3,215,850
Getinge AB, B Shares	30,769		618,854
Glaukos Corp. (A)	7,356		693,597
Globus Medical, Inc., Class A (A)	22,314		1,196,923
Haemonetics Corp. (A)	17,554		1,498,234
Hologic, Inc. (A)	20,684		1,612,525
Hoya Corp.	47,210		5,904,595
IDEXX Laboratories, Inc. (A)	7,318		3,951,208
Inari Medical, Inc. (A)	8,294		397,946
Inmode, Ltd. (A)	11,896		257,073
Inogen, Inc. (A)	4,243		34,241
Insulet Corp. (A)	6,309		1,081,363
Integer Holdings Corp. (A)	5,102		595,301
Integra LifeSciences Holdings Corp. (A)	13,155		466,345
Intuitive Surgical, Inc. (A)	31,050		12,391,745
iRadimed Corp.	1,276		56,131
iRhythm Technologies, Inc. (A)	4,743		550,188
Koninklijke Philips NV (A)	104,451		2,090,477
Lantheus Holdings, Inc. (A)	23,795		1,481,001
LeMaitre Vascular, Inc.	3,027		200,872
LivaNova PLC (A)	18,776		1,050,329
Masimo Corp. (A)	8,585		1,260,707
Medtronic PLC	117,163		10,210,755
Merit Medical Systems, Inc. (A)	8,759		663,494
Neogen Corp. (A)	71,852		1,133,825
Nevro Corp. (A)	5,787		83,564
Olympus Corp.	161,807		2,329,747
Omnicell, Inc. (A)	6,992		204,376
OraSure Technologies, Inc. (A)	11,182		68,769
Orchestra BioMed Holdings, Inc. (A)	2,493		13,138
Orthofix Medical, Inc. (A)	5,777		83,882
OrthoPediatrics Corp. (A)	2,607		76,020
Outset Medical, Inc. (A)	8,163		18,122
Paragon 28, Inc. (A)	7,377		91,106
Penumbra, Inc. (A)	7,465		1,666,039
PROCEPT BioRobotics Corp. (A)	6,224		307,590
Pulmonx Corp. (A)	6,127		56,797
Pulse Biosciences, Inc. (A)(B)	2,543		22,150
QuidelOrtho Corp. (A)	9,564		458,498
ResMed, Inc.	12,893		2,553,201
RxSight, Inc. (A)	4,467		230,408
Sanara Medtech, Inc. (A)	727		26,899
Semler Scientific, Inc. (A)	805		23,514
Shockwave Medical, Inc. (A)	7,137		2,324,021
SI-BONE, Inc. (A)	6,250		102,313
Siemens Healthineers AG (C)	37,934		2,319,950
Sight Sciences, Inc. (A)	3,541		18,696
Silk Road Medical, Inc. (A)	6,345		116,240
Smith & Nephew PLC	117,601		1,472,245
Sonova Holding AG	6,818		1,974,445
STAAR Surgical Company (A)	7,513		287,598
STERIS PLC	8,600		1,933,452
Straumann Holding AG	15,015		2,395,758
Stryker Corp.	29,804		10,665,957
Surmodics, Inc. (A)	2,091		61,350
Sysmex Corp.	67,716		1,208,385

Strategic Equity Allocation Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Health care equipment and supplies (continued)
Tactile Systems Technology, Inc. (A)	3,850	$	62,563
Teleflex, Inc.	4,246		960,318
Terumo Corp.	181,038		3,312,751
The Cooper Companies, Inc.	17,900		1,816,134
TransMedics Group, Inc. (A)	4,919		363,711
Treace Medical Concepts, Inc. (A)	7,572		98,815
UFP Technologies, Inc. (A)	1,092		275,402
Utah Medical Products, Inc.	569		40,462
Varex Imaging Corp. (A)	5,913		107,025
Zimmer Biomet Holdings, Inc.	18,279		2,412,462
Zimvie, Inc. (A)	4,036		66,554
Zynex, Inc. (A)(B)	2,512		31,073
			168,396,682
Health care providers and services – 1.8%
23andMe Holding Company, Class A (A)	44,993		23,936
Acadia Healthcare Company, Inc. (A)	17,837		1,413,047
Accolade, Inc. (A)	10,391		108,898
AdaptHealth Corp. (A)	15,694		180,638
Addus HomeCare Corp. (A)	2,478		256,077
Agiliti, Inc. (A)	4,528		45,823
Alignment Healthcare, Inc. (A)	13,314		66,037
Amedisys, Inc. (A)	6,312		581,714
AMN Healthcare Services, Inc. (A)	5,920		370,059
Amplifon SpA	16,749		610,546
Astrana Health, Inc. (A)	6,742		283,097
Aveanna Healthcare Holdings, Inc. (A)	7,936		19,761
BrightSpring Health Services, Inc. (A)	5,199		56,513
Brookdale Senior Living, Inc. (A)	29,164		192,774
Cardinal Health, Inc.	21,440		2,399,136
Castle Biosciences, Inc. (A)	3,946		87,404
Cencora, Inc.	14,619		3,552,271
Centene Corp. (A)	47,117		3,697,742
Chemed Corp.	2,913		1,869,942
Community Health Systems, Inc. (A)	20,802		72,807
CorVel Corp. (A)(B)	1,347		354,207
Cross Country Healthcare, Inc. (A)	5,531		103,540
CVS Health Corp.	110,874		8,843,310
DaVita, Inc. (A)	4,867		671,889
DocGo, Inc. (A)	12,598		50,896
EBOS Group, Ltd.	20,642		422,167
Elevance Health, Inc.	20,714		10,741,038
Encompass Health Corp.	19,389		1,601,144
Enhabit, Inc. (A)	8,357		97,359
Fresenius Medical Care AG	27,629		1,061,635
Fresenius SE & Company KGaA	56,824		1,532,361
Fulgent Genetics, Inc. (A)	3,353		72,760
Guardant Health, Inc. (A)	17,503		361,087
HCA Healthcare, Inc.	17,452		5,820,766
HealthEquity, Inc. (A)	29,660		2,421,146
Henry Schein, Inc. (A)	11,799		891,060
Hims & Hers Health, Inc. (A)	18,909		292,522
Humana, Inc.	10,760		3,730,707
InfuSystem Holdings, Inc. (A)	3,466		29,704
Laboratory Corp. of America Holdings	7,317		1,598,472
LifeStance Health Group, Inc. (A)(B)	16,661		102,798
McKesson Corp.	11,589		6,221,555
ModivCare, Inc. (A)	1,946		45,634
Molina Healthcare, Inc. (A)	5,079		2,086,606
Nano-X Imaging, Ltd. (A)(B)	8,032		78,473
National HealthCare Corp.	1,947		184,011
National Research Corp.	2,352		93,163
NeoGenomics, Inc. (A)	19,795		311,177
NMC Health PLC (A)(D)	19,536		0
OPKO Health, Inc. (A)(B)	63,632		76,358
Option Care Health, Inc. (A)	60,128		2,016,693

 

245

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Strategic Equity Allocation Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Health care providers and services (continued)
Owens & Minor, Inc. (A)	11,522	$	319,275
Patterson Companies, Inc.	13,276		367,081
Pediatrix Medical Group, Inc. (A)	13,715		137,561
PetIQ, Inc. (A)	4,269		78,037
Privia Health Group, Inc. (A)	17,493		342,688
Progyny, Inc. (A)	28,418		1,084,147
Quest Diagnostics, Inc.	9,569		1,273,730
Quipt Home Medical Corp. (A)	7,384		32,268
R1 RCM, Inc. (A)	38,118		490,960
RadNet, Inc. (A)	9,342		454,582
Ramsay Health Care, Ltd.	24,689		908,903
Select Medical Holdings Corp.	16,186		488,008
Sonic Healthcare, Ltd.	60,944		1,167,857
Surgery Partners, Inc. (A)	11,705		349,160
Tenet Healthcare Corp. (A)	19,642		2,064,571
The Cigna Group	25,779		9,362,675
The Ensign Group, Inc.	8,395		1,044,506
The Pennant Group, Inc. (A)	4,445		87,255
UnitedHealth Group, Inc.	81,519		40,327,449
Universal Health Services, Inc., Class B	5,512		1,005,720
US Physical Therapy, Inc.	2,363		266,712
Viemed Healthcare, Inc. (A)	5,950		56,109
			129,511,714
Health care technology – 0.0%
American Well Corp., Class A (A)	41,065		33,291
Definitive Healthcare Corp. (A)	7,602		61,348
Doximity, Inc., Class A (A)	23,629		635,856
Evolent Health, Inc., Class A (A)	17,004		557,561
Health Catalyst, Inc. (A)	9,302		70,044
HealthStream, Inc.	3,920		104,507
M3, Inc.	59,374		854,471
MultiPlan Corp. (A)	60,362		48,966
OptimizeRx Corp. (A)	2,383		28,953
Phreesia, Inc. (A)	8,091		193,618
Schrodinger, Inc. (A)	8,447		228,069
Sharecare, Inc. (A)	51,556		39,569
Simulations Plus, Inc.	2,414		99,336
TruBridge, Inc. (A)	2,504		23,087
			2,978,676
Life sciences tools and services – 1.0%
Adaptive Biotechnologies Corp. (A)	18,981		60,929
Agilent Technologies, Inc.	25,808		3,755,322
Akoya Biosciences, Inc. (A)	3,644		17,090
Azenta, Inc. (A)	10,786		650,180
Bachem Holding AG	4,540		434,765
BioLife Solutions, Inc. (A)	5,454		101,172
Bio-Rad Laboratories, Inc., Class A (A)	1,891		654,040
Bio-Techne Corp.	14,289		1,005,803
Bruker Corp.	17,937		1,685,002
Charles River Laboratories International, Inc. (A)	4,635		1,255,853
Codexis, Inc. (A)	10,877		37,961
CryoPort, Inc. (A)	6,650		117,705
Cytek Biosciences, Inc. (A)	18,919		126,946
Danaher Corp.	57,951		14,471,524
Eurofins Scientific SE	18,172		1,157,564
Harvard Bioscience, Inc. (A)	6,999		29,676
Illumina, Inc. (A)	13,773		1,891,308
IQVIA Holdings, Inc. (A)	16,065		4,062,678
Lonza Group AG	10,017		5,986,142
MaxCyte, Inc. (A)	15,126		63,378
Medpace Holdings, Inc. (A)	4,510		1,822,717
Mesa Laboratories, Inc.	855		93,819
Mettler-Toledo International, Inc. (A)	1,889		2,514,807
OmniAb, Inc. (A)	14,627		79,278

Strategic Equity Allocation Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Life sciences tools and services (continued)
OmniAb, Inc., $12.50 Earnout Shares (A)(D)	967	$	0
OmniAb, Inc., $15.00 Earnout Shares (A)(D)	967		0
Pacific Biosciences of California, Inc. (A)	39,133		146,749
QIAGEN NV (A)	29,755		1,271,656
Quanterix Corp. (A)	5,507		129,745
Quantum-Si, Inc. (A)	16,682		32,864
Repligen Corp. (A)	10,043		1,847,109
Revvity, Inc.	11,150		1,170,750
Sartorius Stedim Biotech	3,928		1,120,369
Sotera Health Company (A)	24,053		288,877
Thermo Fisher Scientific, Inc.	34,041		19,784,970
Waters Corp. (A)	5,125		1,764,179
West Pharmaceutical Services, Inc.	6,487		2,566,971
			72,199,898
Pharmaceuticals – 4.9%
Amneal Pharmaceuticals, Inc. (A)	19,319		117,073
Amphastar Pharmaceuticals, Inc. (A)	5,999		263,416
Amylyx Pharmaceuticals, Inc. (A)	8,265		23,473
ANI Pharmaceuticals, Inc. (A)	2,233		154,367
Arvinas, Inc. (A)	7,651		315,833
Astellas Pharma, Inc.	243,428		2,615,085
AstraZeneca PLC	208,524		28,013,901
Atea Pharmaceuticals, Inc. (A)	13,713		55,401
Axsome Therapeutics, Inc. (A)	5,529		441,214
Bayer AG	132,153		4,047,128
Bristol-Myers Squibb Company	179,223		9,719,263
Cassava Sciences, Inc. (A)(B)	6,188		125,555
Catalent, Inc. (A)	16,288		919,458
Chugai Pharmaceutical Company, Ltd.	90,345		3,452,569
CinCor Pharma, Inc. (A)(D)	3,771		11,539
Collegium Pharmaceutical, Inc. (A)	5,415		210,210
Corcept Therapeutics, Inc. (A)	12,543		315,958
CorMedix, Inc. (A)	9,171		38,885
Daiichi Sankyo Company, Ltd.	248,815		7,917,013
Edgewise Therapeutics, Inc. (A)	8,824		160,950
Eisai Company, Ltd.	33,910		1,396,711
Eli Lilly & Company	70,270		54,667,249
Enliven Therapeutics, Inc. (A)(B)	3,915		68,865
Evolus, Inc. (A)	6,405		89,670
EyePoint Pharmaceuticals, Inc. (A)	5,659		116,972
GSK PLC	553,550		11,884,927
Harmony Biosciences Holdings, Inc. (A)	5,068		170,183
Harrow, Inc. (A)	4,808		63,610
Hikma Pharmaceuticals PLC	22,305		539,580
Innoviva, Inc. (A)	9,445		143,942
Intra-Cellular Therapies, Inc. (A)	14,534		1,005,753
Ipsen SA	5,073		603,668
Jazz Pharmaceuticals PLC (A)	12,177		1,466,354
Johnson & Johnson	212,145		33,559,218
Kyowa Kirin Company, Ltd.	36,321		653,455
Ligand Pharmaceuticals, Inc. (A)	2,604		190,352
Liquidia Corp. (A)	7,367		108,663
Longboard Pharmaceuticals, Inc. (A)(B)	3,710		80,136
Marinus Pharmaceuticals, Inc. (A)	8,432		76,225
Merck & Company, Inc.	223,338		29,469,449
Merck KGaA	17,385		3,065,590
Neumora Therapeutics, Inc. (A)(B)	2,482		34,128
Novartis AG	275,725		26,706,280
Novo Nordisk A/S, Class B	438,981		56,309,568
Nuvation Bio, Inc. (A)	28,626		104,199
Ocular Therapeutix, Inc. (A)	17,771		161,716
Omeros Corp. (A)(B)	10,407		35,904

 

246

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Strategic Equity Allocation Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Pharmaceuticals (continued)
Ono Pharmaceutical Company, Ltd.	48,722	$	798,307
Optinose, Inc. (A)	10,141		14,806
Orion OYJ, Class B	14,498		540,440
Otsuka Holdings Company, Ltd.	56,279		2,337,732
Pacira BioSciences, Inc. (A)	7,128		208,280
Perrigo Company PLC	26,210		843,700
Pfizer, Inc.	497,472		13,804,848
Phathom Pharmaceuticals, Inc. (A)(B)	5,175		54,959
Phibro Animal Health Corp., Class A	3,908		50,530
Pliant Therapeutics, Inc. (A)	8,979		133,787
Prestige Consumer Healthcare, Inc. (A)	7,779		564,444
Recordati Industria Chimica e Farmaceutica SpA	14,066		776,693
Revance Therapeutics, Inc. (A)	13,717		67,488
Roche Holding AG	94,507		24,129,420
Roche Holding AG, Bearer Shares	4,305		1,160,905
Sandoz Group AG (A)	55,079		1,662,600
Sanofi SA	153,124		14,896,580
Scilex Holding Company (A)	8,717		13,860
scPharmaceuticals, Inc. (A)	5,117		25,687
Shionogi & Company, Ltd.	33,080		1,690,446
SIGA Technologies, Inc.	8,201		70,201
Supernus Pharmaceuticals, Inc. (A)	7,715		263,159
Takeda Pharmaceutical Company, Ltd.	212,856		5,920,350
Taro Pharmaceutical Industries, Ltd. (A)	1,305		55,254
Tarsus Pharmaceuticals, Inc. (A)	4,670		169,755
Terns Pharmaceuticals, Inc. (A)	7,224		47,389
Teva Pharmaceutical Industries, Ltd., ADR (A)	150,776		2,127,449
Theravance Biopharma, Inc. (A)	8,107		72,720
Third Harmonic Bio, Inc. (A)	3,148		29,717
Trevi Therapeutics, Inc. (A)	6,434		22,197
UCB SA	17,007		2,099,460
Ventyx Biosciences, Inc. (A)	7,965		43,808
Verrica Pharmaceuticals, Inc. (A)(B)	3,395		20,098
Viatris, Inc.	102,058		1,218,573
WaVe Life Sciences, Ltd. (A)	11,201		69,110
Xeris Biopharma Holdings, Inc. (A)	22,871		50,545
Zevra Therapeutics, Inc. (A)	6,785		39,353
Zoetis, Inc.	40,464		6,846,913
			364,632,221
			874,621,349
Industrials – 12.3%
Aerospace and defense – 1.6%
AAR Corp. (A)	5,181		310,186
AeroVironment, Inc. (A)	4,028		617,412
AerSale Corp. (A)	4,214		30,257
Airbus SE	79,748		14,691,876
Archer Aviation, Inc., Class A (A)(B)	23,635		109,194
Astronics Corp. (A)	4,340		82,634
Axon Enterprise, Inc. (A)	6,115		1,913,261
BAE Systems PLC	407,948		6,953,644
BWX Technologies, Inc.	17,701		1,816,477
Cadre Holdings, Inc.	3,044		110,193
Curtiss-Wright Corp.	7,397		1,893,188
Dassault Aviation SA	2,717		598,202
Ducommun, Inc. (A)	2,100		107,730
Elbit Systems, Ltd.	3,588		749,360
Eve Holding, Inc. (A)(B)	3,224		17,410
General Dynamics Corp.	20,055		5,665,337
Hexcel Corp.	16,322		1,189,058
Howmet Aerospace, Inc.	34,177		2,338,732
Huntington Ingalls Industries, Inc.	3,589		1,046,086
Kaman Corp.	4,304		197,424
Kongsberg Gruppen ASA	11,832		816,975

Strategic Equity Allocation Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Aerospace and defense (continued)
Kratos Defense & Security Solutions, Inc. (A)	19,760	$	363,189
L3Harris Technologies, Inc.	16,732		3,565,589
Leonardo DRS, Inc. (A)	10,522		232,431
Leonardo SpA	54,441		1,367,756
Lockheed Martin Corp.	18,970		8,628,884
Melrose Industries PLC	179,043		1,520,235
Moog, Inc., Class A	4,394		701,502
MTU Aero Engines AG	7,240		1,836,252
National Presto Industries, Inc.	825		69,135
Northrop Grumman Corp.	12,441		5,955,009
Park Aerospace Corp.	2,945		48,975
Rheinmetall AG	5,859		3,295,224
Rocket Lab USA, Inc. (A)(B)	43,501		178,789
Rolls-Royce Holdings PLC (A)	1,132,196		6,091,625
RTX Corp.	116,985		11,409,547
Saab AB, B Shares	10,772		958,200
Safran SA	45,979		10,412,942
Singapore Technologies Engineering, Ltd.	209,975		625,157
Terran Orbital Corp. (A)(B)	16,391		21,472
Textron, Inc.	16,881		1,619,394
Thales SA	12,725		2,169,362
The Boeing Company (A)	50,535		9,752,750
TransDigm Group, Inc.	4,906		6,042,230
Triumph Group, Inc. (A)	9,994		150,310
V2X, Inc. (A)	1,977		92,346
Virgin Galactic Holdings, Inc. (A)(B)	58,035		85,892
Woodward, Inc.	11,663		1,797,502
			120,246,335
Air freight and logistics – 0.4%
Air Transport Services Group, Inc. (A)	8,555		117,717
CH Robinson Worldwide, Inc.	10,540		802,516
Deutsche Post AG	133,340		5,746,606
DSV A/S	23,568		3,831,087
Expeditors International of Washington, Inc.	12,507		1,520,476
FedEx Corp.	20,259		5,869,843
Forward Air Corp.	4,093		127,333
GXO Logistics, Inc. (A)	23,009		1,236,964
Hub Group, Inc., Class A	9,650		417,073
Nippon Express Holdings, Inc.	9,749		497,639
Radiant Logistics, Inc. (A)	5,328		28,878
SG Holdings Company, Ltd.	43,073		545,474
United Parcel Service, Inc., Class B	63,763		9,477,095
Yamato Holdings Company, Ltd.	35,766		514,763
			30,733,464
Building products – 0.9%
A.O. Smith Corp.	11,098		992,827
AAON, Inc.	10,493		924,433
Advanced Drainage Systems, Inc.	13,211		2,275,463
AGC, Inc.	26,322		955,023
Allegion PLC	7,932		1,068,520
American Woodmark Corp. (A)	2,375		241,443
Apogee Enterprises, Inc.	3,262		193,110
Assa Abloy AB, B Shares	134,827		3,869,306
AZZ, Inc.	3,831		296,175
Builders FirstSource, Inc. (A)	10,769		2,245,875
Carlisle Companies, Inc.	9,392		3,680,255
Carrier Global Corp.	73,580		4,277,205
Cie de Saint-Gobain SA	61,312		4,758,651
CSW Industrials, Inc.	2,402		563,509
Daikin Industries, Ltd.	35,486		4,845,281
Fortune Brands Innovations, Inc.	24,390		2,065,101
Geberit AG	4,497		2,657,654

 

247

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Strategic Equity Allocation Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Building products (continued)
Gibraltar Industries, Inc. (A)	4,748	$	382,356
Griffon Corp.	6,051		443,780
Insteel Industries, Inc.	2,906		111,067
Janus International Group, Inc. (A)	13,362		202,167
JELD-WEN Holding, Inc. (A)	12,868		273,188
Johnson Controls International PLC	59,967		3,917,044
Kingspan Group PLC	20,933		1,906,502
Lennox International, Inc.	6,194		3,027,379
Masco Corp.	19,243		1,517,888
Masonite International Corp. (A)	3,414		448,770
Masterbrand, Inc. (A)	19,717		369,497
Nibe Industrier AB, B Shares	203,860		1,002,461
Owens Corning	17,190		2,867,292
Quanex Building Products Corp.	5,189		199,413
Resideo Technologies, Inc. (A)	22,725		509,495
ROCKWOOL A/S, B Shares	1,240		407,991
Simpson Manufacturing Company, Inc.	14,898		3,056,772
TOTO, Ltd.	19,046		533,955
Trane Technologies PLC	20,038		6,015,408
Trex Company, Inc. (A)	21,005		2,095,249
UFP Industries, Inc.	21,204		2,608,304
Zurn Elkay Water Solutions Corp.	22,905		766,630
			68,572,439
Commercial services and supplies – 0.6%
ABM Industries, Inc.	10,059		448,833
ACCO Brands Corp.	13,954		78,282
ACV Auctions, Inc., Class A (A)	19,482		365,677
Aris Water Solutions, Inc., Class A	5,388		76,240
Brambles, Ltd.	187,185		1,969,955
BrightView Holdings, Inc. (A)	6,501		77,362
Casella Waste Systems, Inc., Class A (A)	8,745		864,618
CECO Environmental Corp. (A)	4,585		105,547
Cimpress PLC (A)	2,801		247,917
Cintas Corp.	7,606		5,225,550
Clean Harbors, Inc. (A)	9,729		1,958,545
Copart, Inc. (A)	77,134		4,467,601
CoreCivic, Inc. (A)	17,721		276,625
Dai Nippon Printing Company, Ltd.	27,519		842,787
Deluxe Corp.	6,635		136,615
Ennis, Inc.	4,366		89,547
Enviri Corp. (A)	12,316		112,691
Healthcare Services Group, Inc. (A)	11,454		142,946
HNI Corp.	7,109		320,829
Interface, Inc.	8,714		146,569
Liquidity Services, Inc. (A)	3,473		64,598
Matthews International Corp., Class A	4,603		143,061
MillerKnoll, Inc.	11,407		282,437
Montrose Environmental Group, Inc. (A)	4,348		170,311
MSA Safety, Inc.	7,147		1,383,588
OPENLANE, Inc. (A)	16,761		289,965
Performant Financial Corp. (A)	12,171		35,783
Pitney Bowes, Inc.	26,963		116,750
Quad/Graphics, Inc.	4,951		26,290
Rentokil Initial PLC	339,327		2,017,472
Republic Services, Inc.	18,067		3,458,746
Rollins, Inc.	25,366		1,173,685
Secom Company, Ltd.	28,245		2,049,259
Securitas AB, B Shares	66,156		682,004
SP Plus Corp. (A)	3,085		161,099
Steelcase, Inc., Class A	14,602		190,994
Stericycle, Inc. (A)	17,896		944,014
Tetra Tech, Inc.	10,341		1,910,086
The Brink's Company (B)	15,703		1,450,643
The GEO Group, Inc. (A)	18,477		260,895
TOPPAN Holdings, Inc.	30,952		775,874

Strategic Equity Allocation Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Commercial services and supplies (continued)
UniFirst Corp.	2,326	$	403,398
Veralto Corp.	18,949		1,680,018
Viad Corp. (A)	3,211		126,802
VSE Corp.	2,105		168,400
Waste Management, Inc.	32,326		6,890,287
			44,811,195
Construction and engineering – 0.6%
ACS Actividades de Construccion y Servicios SA	28,390		1,188,928
AECOM	26,310		2,580,485
Ameresco, Inc., Class A (A)	4,991		120,433
API Group Corp. (A)	32,245		1,266,261
Arcosa, Inc.	7,526		646,182
Argan, Inc.	2,099		106,083
Bouygues SA	25,710		1,049,607
Bowman Consulting Group, Ltd. (A)	1,795		62,448
Comfort Systems USA, Inc.	12,371		3,930,390
Concrete Pumping Holdings, Inc. (A)	4,761		37,612
Construction Partners, Inc., Class A (A)	6,160		345,884
Dycom Industries, Inc. (A)	4,449		638,565
Eiffage SA	9,886		1,121,983
EMCOR Group, Inc.	9,099		3,186,470
Ferrovial SE	69,746		2,761,373
Fluor Corp. (A)	55,009		2,325,781
Granite Construction, Inc.	6,838		390,655
Great Lakes Dredge & Dock Corp. (A)	11,367		99,461
IES Holdings, Inc. (A)	1,258		153,023
Kajima Corp.	56,894		1,167,730
Limbach Holdings, Inc. (A)	1,422		58,899
MasTec, Inc. (A)	11,692		1,090,279
MDU Resources Group, Inc.	39,387		992,552
MYR Group, Inc. (A)	2,535		448,061
Northwest Pipe Company (A)	1,561		54,135
Obayashi Corp.	87,349		1,038,617
Primoris Services Corp.	8,288		352,820
Quanta Services, Inc.	12,811		3,328,298
Shimizu Corp.	70,030		452,233
Skanska AB, B Shares (B)	45,768		815,062
Sterling Infrastructure, Inc. (A)	4,658		513,824
Taisei Corp.	22,854		833,006
Tutor Perini Corp. (A)	7,041		101,813
Valmont Industries, Inc.	4,041		922,479
Vinci SA	67,351		8,643,058
			42,824,490
Electrical equipment – 1.1%
ABB, Ltd.	215,188		9,982,636
Acuity Brands, Inc.	5,903		1,586,313
Allient, Inc.	2,153		76,819
AMETEK, Inc.	20,365		3,724,759
Array Technologies, Inc. (A)	23,448		349,610
Atkore, Inc.	5,804		1,104,849
Blink Charging Company (A)(B)	9,273		27,912
Bloom Energy Corp., Class A (A)(B)	29,893		335,997
Eaton Corp. PLC	35,191		11,003,522
Emerson Electric Company	50,382		5,714,326
Encore Wire Corp.	2,322		610,175
Energy Vault Holdings, Inc. (A)(B)	17,739		31,753
EnerSys	14,185		1,339,915
Enovix Corp. (A)(B)	21,567		172,752
Eos Energy Enterprises, Inc. (A)(B)	18,065		18,607
Fluence Energy, Inc. (A)	9,008		156,199
FuelCell Energy, Inc. (A)(B)	71,205		84,734
Fuji Electric Company, Ltd.	17,070		1,145,474
Generac Holdings, Inc. (A)	5,550		700,077
GrafTech International, Ltd.	32,603		44,992

 

248

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Strategic Equity Allocation Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Electrical equipment (continued)
Hubbell, Inc.	4,655	$	1,932,058
Legrand SA	35,517		3,761,134
LSI Industries, Inc.	4,672		70,641
Mitsubishi Electric Corp.	259,954		4,351,355
NEXTracker, Inc., Class A (A)	19,460		1,095,014
Nidec Corp.	56,148		2,328,415
NuScale Power Corp. (A)	9,288		49,319
nVent Electric PLC	32,091		2,419,661
Powell Industries, Inc.	1,419		201,924
Preformed Line Products Company	425		54,685
Prysmian SpA	35,339		1,843,067
Regal Rexnord Corp.	12,824		2,309,602
Rockwell Automation, Inc.	10,089		2,939,228
Schneider Electric SE	73,204		16,549,696
Sensata Technologies Holding PLC	29,275		1,075,564
SES AI Corp. (A)(B)	22,739		38,202
Shoals Technologies Group, Inc., Class A (A)	26,618		297,589
Siemens Energy AG (A)	69,888		1,282,707
SKYX Platforms Corp. (A)(B)	10,748		14,080
Stem, Inc. (A)(B)	23,502		51,469
SunPower Corp. (A)(B)	14,268		42,804
Thermon Group Holdings, Inc. (A)	5,192		169,882
TPI Composites, Inc. (A)(B)	7,232		21,045
Vestas Wind Systems A/S (A)	135,844		3,789,178
Vicor Corp. (A)	3,469		132,655
			85,032,395
Ground transportation – 0.9%
ArcBest Corp.	3,682		524,685
Aurizon Holdings, Ltd.	247,603		645,613
Avis Budget Group, Inc.	3,573		437,550
Central Japan Railway Company	103,916		2,580,788
Covenant Logistics Group, Inc.	1,190		55,168
CSX Corp.	174,014		6,450,699
Daseke, Inc. (A)	7,211		59,851
East Japan Railway Company	122,076		2,342,045
FTAI Infrastructure, Inc.	15,432		96,913
Grab Holdings, Ltd., Class A (A)	255,585		802,537
Hankyu Hanshin Holdings, Inc.	30,785		883,259
Heartland Express, Inc.	7,757		92,619
Hertz Global Holdings, Inc. (A)	25,381		198,733
JB Hunt Transport Services, Inc.	7,362		1,466,879
Keisei Electric Railway Company, Ltd.	18,554		754,501
Kintetsu Group Holdings Company, Ltd.	24,365		709,673
Knight-Swift Transportation Holdings, Inc.	31,213		1,717,339
Landstar System, Inc.	6,953		1,340,260
Marten Transport, Ltd.	9,063		167,484
MTR Corp., Ltd.	209,072		690,763
Norfolk Southern Corp.	19,890		5,069,364
Odakyu Electric Railway Company, Ltd.	42,135		580,824
Old Dominion Freight Line, Inc.	15,764		3,457,203
PAM Transportation Services, Inc. (A)	935		15,156
RXO, Inc. (A)	18,001		393,682
Ryder System, Inc.	8,573		1,030,389
Saia, Inc. (A)	5,135		3,003,975
Tobu Railway Company, Ltd.	25,401		635,148
Tokyu Corp.	67,244		818,820
Uber Technologies, Inc. (A)	181,290		13,957,517
Union Pacific Corp.	53,716		13,210,376
Universal Logistics Holdings, Inc.	1,149		42,364
Werner Enterprises, Inc.	21,887		856,219
West Japan Railway Company	59,080		1,231,237

Strategic Equity Allocation Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Ground transportation (continued)
XPO, Inc. (A)	22,459	$	2,740,672
			69,060,305
Industrial conglomerates – 1.0%
3M Company	48,660		5,161,366
Brookfield Business Corp., Class A (B)	3,820		92,215
CK Hutchison Holdings, Ltd.	360,638		1,735,624
DCC PLC	13,297		967,438
General Electric Company	95,909		16,834,907
Hikari Tsushin, Inc.	2,727		512,870
Hitachi, Ltd.	124,720		11,396,967
Honeywell International, Inc.	58,109		11,926,872
Investment AB Latour, B Shares	19,918		523,617
Jardine Cycle & Carriage, Ltd.	13,290		237,952
Jardine Matheson Holdings, Ltd.	21,373		797,246
Keppel, Ltd.	195,924		1,064,660
Lifco AB, B Shares	31,357		818,866
Siemens AG	102,233		19,520,253
Smiths Group PLC	46,752		969,099
			72,559,952
Machinery – 2.5%
3D Systems Corp. (A)	20,925		92,907
AGCO Corp.	12,021		1,478,823
Alamo Group, Inc.	1,548		353,455
Albany International Corp., Class A	4,829		451,560
Alfa Laval AB	38,919		1,529,296
Alstom SA	38,771		590,419
Astec Industries, Inc.	3,783		165,355
Atlas Copco AB, A Shares	361,323		6,102,222
Atlas Copco AB, B Shares	209,965		3,101,172
Barnes Group, Inc.	7,763		288,395
Blue Bird Corp. (A)	4,000		153,360
Caterpillar, Inc.	44,863		16,439,149
Chart Industries, Inc. (A)	14,787		2,435,715
Columbus McKinnon Corp.	4,330		193,248
Commercial Vehicle Group, Inc. (A)	5,668		36,445
Crane Company	9,451		1,277,114
Cummins, Inc.	12,496		3,681,946
Daifuku Company, Ltd.	40,877		979,797
Daimler Truck Holding AG	71,956		3,646,352
Deere & Company	22,950		9,426,483
Desktop Metal, Inc., Class A (A)(B)	46,737		41,129
Donaldson Company, Inc.	23,237		1,735,339
Douglas Dynamics, Inc.	3,495		84,299
Dover Corp.	12,208		2,163,136
Energy Recovery, Inc. (A)	8,629		136,252
Enerpac Tool Group Corp.	8,442		301,042
Enpro, Inc.	3,245		547,659
Epiroc AB, A Shares	88,648		1,664,149
Epiroc AB, B Shares	52,460		888,407
Esab Corp.	10,958		1,211,626
ESCO Technologies, Inc.	3,975		425,524
FANUC Corp.	128,186		3,575,936
Federal Signal Corp.	9,211		781,738
Flowserve Corp.	25,379		1,159,313
Fortive Corp.	30,859		2,654,491
Franklin Electric Company, Inc.	7,130		761,555
GEA Group AG	22,023		931,135
Gencor Industries, Inc. (A)	2,024		33,781
Graco, Inc.	32,648		3,051,282
Helios Technologies, Inc.	5,242		234,265
Hillenbrand, Inc.	10,841		545,194
Hillman Solutions Corp. (A)	30,611		325,701
Hitachi Construction Machinery Company, Ltd.	14,469		436,550
Hoshizaki Corp.	14,617		533,327

 

249

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Strategic Equity Allocation Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Machinery (continued)
Husqvarna AB, B Shares	47,099	$	403,026
Hyliion Holdings Corp. (A)	26,518		46,672
Hyster-Yale Materials Handling, Inc.	1,772		113,709
IDEX Corp.	6,516		1,590,034
Illinois Tool Works, Inc.	23,938		6,423,284
Indutrade AB	36,756		1,001,116
Ingersoll Rand, Inc.	35,666		3,386,487
ITT, Inc.	15,880		2,160,156
John Bean Technologies Corp.	4,946		518,786
Kadant, Inc.	1,795		588,940
Kennametal, Inc.	12,343		307,834
Knorr-Bremse AG	9,758		738,044
Komatsu, Ltd.	124,446		3,682,453
Kone OYJ, B Shares	45,721		2,130,009
Kubota Corp.	134,543		2,110,944
Lincoln Electric Holdings, Inc.	11,064		2,826,188
Lindsay Corp.	1,709		201,081
Luxfer Holdings PLC	4,859		50,388
Makita Corp.	30,134		856,424
Mayville Engineering Company, Inc. (A)	1,623		23,258
Metso OYJ	89,208		1,059,690
Microvast Holdings, Inc. (A)(B)	34,237		28,656
Miller Industries, Inc.	1,575		78,908
MINEBEA MITSUMI, Inc.	48,833		957,863
MISUMI Group, Inc.	38,308		533,669
Mitsubishi Heavy Industries, Ltd.	431,120		3,907,386
Mueller Industries, Inc.	17,291		932,504
Mueller Water Products, Inc., Class A	23,938		385,162
Nikola Corp. (A)(B)	101,511		105,571
Nordson Corp.	4,894		1,343,599
Omega Flex, Inc.	607		43,055
Oshkosh Corp.	12,653		1,577,956
Otis Worldwide Corp.	35,633		3,537,288
PACCAR, Inc.	46,151		5,717,647
Parker-Hannifin Corp.	11,314		6,288,208
Park-Ohio Holdings Corp.	1,421		37,912
Pentair PLC	14,935		1,276,046
Proto Labs, Inc. (A)	4,093		146,325
Rational AG	688		592,778
RBC Bearings, Inc. (A)	5,607		1,515,852
REV Group, Inc.	4,994		110,317
Sandvik AB	143,425		3,184,145
Schindler Holding AG	3,158		770,575
Schindler Holding AG, Participation Certificates	5,477		1,378,660
Seatrium, Ltd. (A)	5,966,319		348,691
SKF AB, B Shares (B)	45,847		935,958
SMC Corp.	7,703		4,345,722
Snap-on, Inc.	4,769		1,412,673
Spirax-Sarco Engineering PLC	9,924		1,259,117
SPX Technologies, Inc. (A)	6,846		842,948
Standex International Corp.	1,815		330,729
Stanley Black & Decker, Inc.	13,852		1,356,526
Techtronic Industries Company, Ltd.	185,010		2,513,890
Tennant Company	2,820		342,940
Terex Corp.	23,135		1,489,894
The Gorman-Rupp Company	3,741		147,957
The Greenbrier Companies, Inc.	4,769		248,465
The Manitowoc Company, Inc. (A)	5,353		75,691
The Middleby Corp. (A)	10,368		1,667,071
The Shyft Group, Inc.	5,649		70,161
The Timken Company	12,554		1,097,596
The Toro Company	20,193		1,850,285
Titan International, Inc. (A)	8,120		101,175
Toyota Industries Corp.	19,724		2,063,744

Strategic Equity Allocation Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Machinery (continued)
Trinity Industries, Inc.	12,526	$	348,849
VAT Group AG (C)	3,632		1,876,269
Volvo AB, A Shares	26,936		741,726
Volvo AB, B Shares (B)	202,991		5,501,350
Wabash National Corp.	7,130		213,472
Wabtec Corp.	15,650		2,279,892
Wartsila OYJ ABP	63,677		967,732
Watts Water Technologies, Inc., Class A	9,478		2,014,549
Xylem, Inc.	21,186		2,738,079
Yaskawa Electric Corp.	32,288		1,374,651
			181,872,450
Marine transportation – 0.1%
A.P. Moller - Maersk A/S, Series A	408		522,776
A.P. Moller - Maersk A/S, Series B	552		719,722
Costamare, Inc.	6,538		74,206
Eagle Bulk Shipping, Inc.	1,475		92,143
Genco Shipping & Trading, Ltd.	6,771		137,654
Golden Ocean Group, Ltd.	19,034		246,681
Himalaya Shipping, Ltd. (A)	4,506		34,741
Kawasaki Kisen Kaisha, Ltd.	52,881		711,096
Kirby Corp. (A)	11,431		1,089,603
Kuehne + Nagel International AG	7,310		2,033,778
Matson, Inc.	5,332		599,317
Mitsui OSK Lines, Ltd.	46,276		1,411,723
Nippon Yusen KK (B)	61,764		1,695,673
Pangaea Logistics Solutions, Ltd.	5,564		38,781
Safe Bulkers, Inc.	9,048		44,878
SITC International Holdings Company, Ltd.	180,432		329,876
			9,782,648
Passenger airlines – 0.2%
Allegiant Travel Company	2,437		183,287
American Airlines Group, Inc. (A)	59,048		906,387
ANA Holdings, Inc.	21,498		449,292
Blade Air Mobility, Inc. (A)	9,220		26,277
Delta Air Lines, Inc.	56,195		2,690,055
Deutsche Lufthansa AG (A)	80,484		632,549
Frontier Group Holdings, Inc. (A)(B)	6,404		51,936
Hawaiian Holdings, Inc. (A)	8,027		107,000
Japan Airlines Company, Ltd.	19,404		368,437
JetBlue Airways Corp. (A)	52,837		392,051
Joby Aviation, Inc. (A)(B)	43,314		232,163
Qantas Airways, Ltd. (A)	113,657		403,498
Singapore Airlines, Ltd.	200,262		949,142
SkyWest, Inc. (A)	6,199		428,227
Southwest Airlines Company	51,160		1,493,360
Spirit Airlines, Inc. (B)	17,044		82,493
Sun Country Airlines Holdings, Inc. (A)	5,710		86,164
United Airlines Holdings, Inc. (A)	29,634		1,418,876
			10,901,194
Professional services – 1.2%
Adecco Group AG	21,524		851,539
Alight, Inc., Class A (A)	64,359		633,936
ASGN, Inc. (A)	16,416		1,719,740
Asure Software, Inc. (A)	3,348		26,047
Automatic Data Processing, Inc.	36,213		9,043,835
Barrett Business Services, Inc.	994		125,960
BlackSky Technology, Inc. (A)	22,091		30,044
Broadridge Financial Solutions, Inc.	10,254		2,100,634
Bureau Veritas SA	39,673		1,211,353
CACI International, Inc., Class A (A)	4,310		1,632,757
CBIZ, Inc. (A)	7,331		575,484
Computershare, Ltd.	72,414		1,233,420
Concentrix Corp.	9,095		602,271

 

250

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Strategic Equity Allocation Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Professional services (continued)
Conduent, Inc. (A)	27,169	$	91,831
CRA International, Inc.	1,114		166,632
CSG Systems International, Inc.	4,854		250,175
Dayforce, Inc. (A)	14,093		933,098
Equifax, Inc.	10,841		2,900,184
EXL Service Holdings, Inc. (A)	56,849		1,807,798
Experian PLC	123,596		5,385,441
Exponent, Inc.	17,617		1,456,750
First Advantage Corp.	8,563		138,892
FiscalNote Holdings, Inc. (A)	9,397		12,498
Forrester Research, Inc. (A)	2,089		45,039
Franklin Covey Company (A)	1,834		72,003
FTI Consulting, Inc. (A)	6,736		1,416,513
Genpact, Ltd.	31,940		1,052,423
Heidrick & Struggles International, Inc.	3,076		103,538
HireRight Holdings Corp. (A)	2,463		35,147
Huron Consulting Group, Inc. (A)	2,979		287,831
IBEX Holdings, Ltd. (A)	1,512		23,330
ICF International, Inc.	2,909		438,183
Innodata, Inc. (A)	4,315		28,479
Insperity, Inc.	12,352		1,353,903
Intertek Group PLC	21,710		1,366,597
Jacobs Solutions, Inc.	10,870		1,671,045
KBR, Inc.	26,112		1,662,290
Kelly Services, Inc., Class A	4,868		121,895
Kforce, Inc.	2,968		209,303
Korn Ferry	7,990		525,422
Legalzoom.com, Inc. (A)	18,696		249,405
Leidos Holdings, Inc.	11,828		1,550,533
ManpowerGroup, Inc.	9,441		732,999
Maximus, Inc.	21,181		1,777,086
Mistras Group, Inc. (A)	3,906		37,341
NV5 Global, Inc. (A)	2,155		211,212
Parsons Corp. (A)	6,352		526,898
Paychex, Inc.	28,235		3,467,258
Paycom Software, Inc.	4,025		801,015
Paylocity Holding Corp. (A)	8,390		1,441,905
Planet Labs PBC (A)	28,080		71,604
Randstad NV	14,597		770,804
Recruit Holdings Company, Ltd.	193,916		8,514,225
RELX PLC	253,611		10,937,082
Resources Connection, Inc.	5,392		70,959
Robert Half, Inc.	9,568		758,551
Science Applications International Corp.	10,070		1,313,027
SGS SA	20,164		1,957,571
Sterling Check Corp. (A)	5,280		84,902
Teleperformance SE	7,681		746,092
TriNet Group, Inc.	4,948		655,561
TrueBlue, Inc. (A)	5,017		62,813
TTEC Holdings, Inc.	3,453		35,808
Upwork, Inc. (A)	19,420		238,089
Verisk Analytics, Inc.	12,775		3,011,451
Verra Mobility Corp. (A)	21,578		538,803
Willdan Group, Inc. (A)	1,823		52,849
Wolters Kluwer NV	33,429		5,234,640
			89,193,743
Trading companies and distributors – 1.1%
AerCap Holdings NV (A)	26,931		2,340,573
Alta Equipment Group, Inc.	3,832		49,624
Applied Industrial Technologies, Inc.	13,428		2,652,701
Ashtead Group PLC	58,865		4,192,905
Beacon Roofing Supply, Inc. (A)	8,950		877,279
Beijer Ref AB	51,777		768,780
BlueLinx Holdings, Inc. (A)	1,294		168,531
Boise Cascade Company	6,117		938,164

Strategic Equity Allocation Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Trading companies and distributors (continued)
Brenntag SE	17,852	$	1,504,584
Bunzl PLC	45,470		1,749,576
Core & Main, Inc., Class A (A)	32,994		1,888,907
Custom Truck One Source, Inc. (A)	9,473		55,133
Distribution Solutions Group, Inc. (A)	1,634		57,974
DNOW, Inc. (A)	16,955		257,716
DXP Enterprises, Inc. (A)	2,070		111,221
Fastenal Company	50,476		3,893,719
FTAI Aviation, Ltd.	15,414		1,037,362
GATX Corp.	12,355		1,655,941
Global Industrial, Inc.	2,105		94,262
GMS, Inc. (A)	6,233		606,720
H&E Equipment Services, Inc.	5,001		320,964
Herc Holdings, Inc.	4,366		734,798
Hudson Technologies, Inc. (A)	6,682		73,569
IMCD NV	7,666		1,349,293
ITOCHU Corp.	159,896		6,869,067
Karat Packaging, Inc.	1,071		30,641
Marubeni Corp.	192,654		3,336,699
McGrath RentCorp	3,816		470,780
Mitsubishi Corp.	464,084		10,725,546
Mitsui & Company, Ltd. (B)	174,104		8,139,632
MonotaRO Company, Ltd.	33,721		405,898
MRC Global, Inc. (A)	13,104		164,717
MSC Industrial Direct Company, Inc., Class A	8,836		857,445
Reece, Ltd.	30,414		556,872
Rexel SA	30,339		819,542
Rush Enterprises, Inc., Class A	9,568		512,079
Rush Enterprises, Inc., Class B	1,485		79,136
Seven Group Holdings, Ltd.	22,009		584,860
Sumitomo Corp.	139,848		3,368,651
Titan Machinery, Inc. (A)	3,412		84,652
Toyota Tsusho Corp.	28,576		1,962,337
Transcat, Inc. (A)	1,266		141,070
United Rentals, Inc.	5,921		4,269,692
W.W. Grainger, Inc.	3,897		3,964,418
Watsco, Inc. (B)	6,050		2,613,419
WESCO International, Inc.	8,496		1,455,195
Willis Lease Finance Corp. (A)	331		16,424
Xometry, Inc., Class A (A)	5,294		89,416
			78,898,484
Transportation infrastructure – 0.1%
Aena SME SA (C)	10,089		1,987,064
Aeroports de Paris SA	4,659		638,815
Auckland International Airport, Ltd.	178,656		891,649
Getlink SE	48,089		818,782
Transurban Group	415,437		3,603,965
			7,940,275
			912,429,369
Information technology – 19.8%
Communications equipment – 0.5%
ADTRAN Holdings, Inc.	13,405		72,923
Arista Networks, Inc. (A)	22,210		6,440,456
Aviat Networks, Inc. (A)	1,680		64,411
Calix, Inc. (A)	9,122		302,486
Ciena Corp. (A)	28,048		1,386,974
Cisco Systems, Inc.	358,162		17,875,865
Clearfield, Inc. (A)	2,156		66,491
CommScope Holding Company, Inc. (A)	34,241		44,856
Comtech Telecommunications Corp. (A)	5,110		17,527
Digi International, Inc. (A)	5,668		180,979
Extreme Networks, Inc. (A)	19,561		225,734
F5, Inc. (A)	5,001		948,140

 

251

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Strategic Equity Allocation Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Communications equipment (continued)
Harmonic, Inc. (A)	17,179	$	230,886
Infinera Corp. (A)	31,075		187,382
Juniper Networks, Inc.	28,811		1,067,736
Lumentum Holdings, Inc. (A)	13,037		617,302
Motorola Solutions, Inc.	14,640		5,196,907
NETGEAR, Inc. (A)	4,925		77,667
NetScout Systems, Inc. (A)	10,897		237,990
Nokia OYJ	717,366		2,545,282
Ribbon Communications, Inc. (A)	15,346		49,107
Telefonaktiebolaget LM Ericsson, B Shares (B)	393,904		2,118,477
Viavi Solutions, Inc. (A)	34,637		314,850
			40,270,428
Electronic equipment, instruments and components – 1.1%
908 Devices, Inc. (A)	3,561		26,886
Advanced Energy Industries, Inc.	5,775		588,935
Amphenol Corp., Class A	52,940		6,106,629
Arlo Technologies, Inc. (A)	14,121		178,631
Arrow Electronics, Inc. (A)	10,408		1,347,420
Avnet, Inc.	17,479		866,609
Azbil Corp.	16,181		447,661
Badger Meter, Inc.	4,549		736,074
Bel Fuse, Inc., Class B	1,604		96,737
Belden, Inc.	14,693		1,360,719
Benchmark Electronics, Inc.	5,683		170,547
CDW Corp.	11,797		3,017,437
Climb Global Solutions, Inc.	759		53,798
Cognex Corp.	33,296		1,412,416
Coherent Corp. (A)	25,547		1,548,659
Corning, Inc.	67,045		2,209,803
Crane NXT Company	9,338		578,022
CTS Corp.	4,800		224,592
Daktronics, Inc. (A)	5,534		55,119
ePlus, Inc. (A)	4,083		320,679
Evolv Technologies Holdings, Inc. (A)	18,614		82,832
Fabrinet (A)	5,700		1,077,414
FARO Technologies, Inc. (A)	2,914		62,680
Halma PLC	51,070		1,524,969
Hamamatsu Photonics KK	18,874		665,428
Hexagon AB, B Shares	279,281		3,301,361
Hirose Electric Company, Ltd.	3,901		400,867
Ibiden Company, Ltd.	15,158		678,878
Insight Enterprises, Inc. (A)	4,370		810,722
IPG Photonics Corp. (A)	5,718		518,565
Iteris, Inc. (A)	6,859		33,883
Itron, Inc. (A)	7,047		651,988
Jabil, Inc.	11,047		1,479,746
Keyence Corp.	26,173		12,151,099
Keysight Technologies, Inc. (A)	15,405		2,409,034
Kimball Electronics, Inc. (A)	3,965		85,842
Knowles Corp. (A)	14,014		225,625
Kyocera Corp.	172,709		2,316,217
Lightwave Logic, Inc. (A)(B)	19,018		89,004
Littelfuse, Inc.	4,817		1,167,400
Luna Innovations, Inc. (A)	5,655		18,124
Methode Electronics, Inc.	5,469		66,612
MicroVision, Inc. (A)(B)	29,092		53,529
Mirion Technologies, Inc. (A)	30,910		351,447
Murata Manufacturing Company, Ltd.	231,817		4,335,534
Napco Security Technologies, Inc.	5,209		209,193
nLight, Inc. (A)	7,357		95,641
Novanta, Inc. (A)	12,456		2,176,935
Omron Corp.	23,582		844,401
OSI Systems, Inc. (A)	2,484		354,765
PAR Technology Corp. (A)	4,090		185,522

Strategic Equity Allocation Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Electronic equipment, instruments and components (continued)
PC Connection, Inc.	1,792	$	118,147
Plexus Corp. (A)	4,241		402,132
Richardson Electronics, Ltd.	2,230		20,538
Rogers Corp. (A)	2,676		317,614
Sanmina Corp. (A)	8,722		542,334
ScanSource, Inc. (A)	3,835		168,893
Shimadzu Corp.	31,862		887,488
SmartRent, Inc. (A)	28,446		76,235
TD SYNNEX Corp.	11,033		1,247,832
TDK Corp.	52,296		2,568,150
TE Connectivity, Ltd.	27,213		3,952,416
Teledyne Technologies, Inc. (A)	4,082		1,752,484
Trimble, Inc. (A)	22,477		1,446,620
TTM Technologies, Inc. (A)	15,945		249,539
Vishay Intertechnology, Inc.	44,178		1,001,957
Vishay Precision Group, Inc. (A)	2,107		74,440
Vontier Corp.	29,850		1,353,996
Vuzix Corp. (A)(B)	10,698		12,945
Yokogawa Electric Corp.	30,715		707,347
Zebra Technologies Corp., Class A (A)	4,640		1,398,682
			78,072,419
IT services – 0.9%
Accenture PLC, Class A	55,269		19,156,788
Akamai Technologies, Inc. (A)	12,931		1,406,376
Applied Digital Corp. (A)(B)	13,070		55,940
Bechtle AG	11,018		582,348
BigBear.ai Holdings, Inc. (A)(B)	7,554		15,486
BigCommerce Holdings, Inc., Series 1 (A)	10,443		71,952
Brightcove, Inc. (A)	8,668		16,816
Capgemini SE	20,897		4,808,622
Cognizant Technology Solutions Corp., Class A	43,916		3,218,604
Couchbase, Inc. (A)	5,606		147,494
DigitalOcean Holdings, Inc. (A)	9,808		374,469
EPAM Systems, Inc. (A)	4,961		1,370,030
Fastly, Inc., Class A (A)	18,701		242,552
Fujitsu, Ltd.	236,810		3,789,907
Gartner, Inc. (A)	6,872		3,275,676
GoDaddy, Inc., Class A (A)	27,239		3,232,725
Grid Dynamics Holdings, Inc. (A)	8,742		107,439
IBM Corp.	80,639		15,398,823
Information Services Group, Inc.	6,685		27,007
Kyndryl Holdings, Inc. (A)	44,507		968,472
NEC Corp.	33,033		2,411,585
Nomura Research Institute, Ltd.	51,951		1,467,550
NTT Data Group Corp.	84,896		1,349,672
Obic Company, Ltd.	9,379		1,416,708
Otsuka Corp.	30,672		650,812
Perficient, Inc. (A)	5,305		298,618
Rackspace Technology, Inc. (A)	10,538		16,650
SCSK Corp.	21,038		391,049
Squarespace, Inc., Class A (A)	7,751		282,446
The Hackett Group, Inc.	3,814		92,680
Thoughtworks Holding, Inc. (A)	14,490		36,660
TIS, Inc.	29,595		634,985
Tucows, Inc., Class A (A)	1,735		32,202
Unisys Corp. (A)	10,427		51,197
VeriSign, Inc. (A)	7,627		1,445,393
Wix.com, Ltd. (A)	7,304		1,004,154
			69,849,887
Semiconductors and semiconductor equipment – 7.1%
ACM Research, Inc., Class A (A)	7,483		218,055
Advanced Micro Devices, Inc. (A)	142,370		25,696,361

 

252

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Strategic Equity Allocation Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Semiconductors and semiconductor equipment (continued)
Advantest Corp.	103,060	$	4,578,220
Aehr Test Systems (A)(B)	4,296		53,270
Allegro MicroSystems, Inc. (A)	13,821		372,614
Alpha & Omega Semiconductor, Ltd. (A)	3,797		83,686
Ambarella, Inc. (A)	5,861		297,563
Amkor Technology, Inc.	37,363		1,204,583
Analog Devices, Inc.	43,709		8,645,203
Applied Materials, Inc.	73,397		15,136,663
ASM International NV	6,317		3,868,545
ASML Holding NV	54,229		52,572,900
Atomera, Inc. (A)(B)	4,103		25,274
Axcelis Technologies, Inc. (A)	5,027		560,611
BE Semiconductor Industries NV	10,370		1,588,461
Broadcom, Inc.	38,774		51,391,447
CEVA, Inc. (A)	3,609		81,960
Cirrus Logic, Inc. (A)	10,432		965,586
Cohu, Inc. (A)	7,187		239,543
Credo Technology Group Holding, Ltd. (A)	18,225		386,188
Diodes, Inc. (A)	6,975		491,738
Disco Corp.	12,390		4,528,958
Enphase Energy, Inc. (A)	11,692		1,414,498
First Solar, Inc. (A)	9,171		1,548,065
FormFactor, Inc. (A)	12,007		547,879
Ichor Holdings, Ltd. (A)	4,434		171,241
Impinj, Inc. (A)	3,628		465,871
Indie Semiconductor, Inc., Class A (A)	23,440		165,955
Infineon Technologies AG	175,669		5,973,717
Intel Corp.	372,532		16,454,738
inTEST Corp. (A)	1,886		24,990
KLA Corp.	11,930		8,333,940
Kulicke & Soffa Industries, Inc.	8,557		430,503
Lam Research Corp.	11,565		11,236,207
Lasertec Corp.	10,147		2,892,201
Lattice Semiconductor Corp. (A)	26,698		2,088,585
MACOM Technology Solutions Holdings, Inc. (A)	18,979		1,815,152
Maxeon Solar Technologies, Ltd. (A)	4,870		16,217
MaxLinear, Inc. (A)	11,878		221,762
Microchip Technology, Inc.	47,603		4,270,465
Micron Technology, Inc.	97,272		11,467,396
MKS Instruments, Inc.	12,159		1,617,147
Monolithic Power Systems, Inc.	4,221		2,859,390
Navitas Semiconductor Corp. (A)	17,022		81,195
NVE Corp.	729		65,741
NVIDIA Corp.	217,636		196,647,184
NXP Semiconductors NV	22,708		5,626,361
ON Semiconductor Corp. (A)	37,645		2,768,790
Onto Innovation, Inc. (A)	17,082		3,093,209
PDF Solutions, Inc. (A)	4,812		162,020
Photronics, Inc. (A)	9,424		266,888
Power Integrations, Inc.	19,749		1,413,041
Qorvo, Inc. (A)	8,795		1,009,930
Qualcomm, Inc.	98,333		16,647,777
Rambus, Inc. (A)	37,650		2,327,147
Renesas Electronics Corp.	197,584		3,521,077
Rohm Company, Ltd.	44,337		711,112
SCREEN Holdings Company, Ltd.	10,932		1,417,387
Semtech Corp. (A)	9,992		274,680
Silicon Laboratories, Inc. (A)	11,089		1,593,711
SiTime Corp. (A)	2,696		251,348
SkyWater Technology, Inc. (A)	2,864		29,127
Skyworks Solutions, Inc.	14,401		1,559,916
SMART Global Holdings, Inc. (A)	7,824		205,928
STMicroelectronics NV	91,937		3,956,810

Strategic Equity Allocation Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Semiconductors and semiconductor equipment (continued)
SUMCO Corp.	47,102	$	744,718
Synaptics, Inc. (A)	13,702		1,336,767
Teradyne, Inc.	13,089		1,476,832
Texas Instruments, Inc.	80,140		13,961,189
Tokyo Electron, Ltd.	63,443		16,523,669
Transphorm, Inc. (A)	3,394		16,665
Ultra Clean Holdings, Inc. (A)	6,908		317,354
Universal Display Corp.	8,427		1,419,528
Veeco Instruments, Inc. (A)	7,889		277,456
Wolfspeed, Inc. (A)	24,333		717,824
			527,425,729
Software – 6.7%
8x8, Inc. (A)	18,677		50,428
A10 Networks, Inc.	11,242		153,903
ACI Worldwide, Inc. (A)	16,735		555,769
Adeia, Inc.	16,745		182,855
Adobe, Inc. (A)	39,824		20,095,190
Agilysys, Inc. (A)	3,101		261,290
Alarm.com Holdings, Inc. (A)	7,379		534,756
Alkami Technology, Inc. (A)	6,246		153,464
Altair Engineering, Inc., Class A (A)	8,412		724,694
American Software, Inc., Class A	5,503		63,009
Amplitude, Inc., Class A (A)	10,623		115,578
ANSYS, Inc. (A)	7,610		2,641,888
Appfolio, Inc., Class A (A)	7,140		1,761,724
Appian Corp., Class A (A)	6,324		252,644
Asana, Inc., Class A (A)	12,423		192,432
Aspen Technology, Inc. (A)	5,408		1,153,418
Aurora Innovation, Inc. (A)	55,904		157,649
Autodesk, Inc. (A)	18,833		4,904,490
AvePoint, Inc. (A)	23,341		184,861
Bit Digital, Inc. (A)(B)	13,777		39,540
Blackbaud, Inc. (A)	14,861		1,101,795
Blackline, Inc. (A)	8,745		564,752
Box, Inc., Class A (A)	21,691		614,289
Braze, Inc., Class A (A)	8,095		358,609
c3.ai, Inc., Class A (A)(B)	12,630		341,894
Cadence Design Systems, Inc. (A)	23,973		7,462,315
Cerence, Inc. (A)	6,234		98,186
Check Point Software Technologies, Ltd. (A)	12,590		2,064,886
Cipher Mining, Inc. (A)(B)	6,708		34,546
CleanSpark, Inc. (A)	29,758		631,167
Clear Secure, Inc., Class A	12,580		267,577
CommVault Systems, Inc. (A)	15,186		1,540,316
Consensus Cloud Solutions, Inc. (A)	3,222		51,101
CS Disco, Inc. (A)	4,304		34,992
CyberArk Software, Ltd. (A)	5,618		1,492,309
Dassault Systemes SE	89,888		3,979,085
Digimarc Corp. (A)	2,196		59,687
Digital Turbine, Inc. (A)	15,613		40,906
Dolby Laboratories, Inc., Class A	11,507		963,941
Domo, Inc., Class B (A)	5,270		47,008
Dropbox, Inc., Class A (A)	49,551		1,204,089
Dynatrace, Inc. (A)	46,375		2,153,655
E2open Parent Holdings, Inc. (A)	27,237		120,932
Ebix, Inc. (A)	4,420		4,420
eGain Corp. (A)	4,177		26,942
Enfusion, Inc., Class A (A)	6,220		57,535
Envestnet, Inc. (A)	7,735		447,934
Everbridge, Inc. (A)	6,291		219,116
EverCommerce, Inc. (A)	4,179		39,366
Expensify, Inc., Class A (A)	9,685		17,820
Fair Isaac Corp. (A)	2,172		2,714,153
Fortinet, Inc. (A)	56,140		3,834,923

 

253

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Strategic Equity Allocation Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Software (continued)
Freshworks, Inc., Class A (A)	25,087	$	456,834
Gen Digital, Inc.	50,943		1,141,123
Instructure Holdings, Inc. (A)	3,095		66,171
Intapp, Inc. (A)	5,592		191,806
InterDigital, Inc.	4,063		432,547
Intuit, Inc.	24,668		16,034,200
Jamf Holding Corp. (A)	11,047		202,712
Kaltura, Inc. (A)	16,172		21,832
LiveRamp Holdings, Inc. (A)	10,231		352,970
Manhattan Associates, Inc. (A)	11,908		2,979,739
Marathon Digital Holdings, Inc. (A)	34,550		780,139
Matterport, Inc. (A)	41,708		94,260
MeridianLink, Inc. (A)	4,017		75,118
Microsoft Corp.	654,718		275,452,910
MicroStrategy, Inc., Class A (A)(B)	2,293		3,908,556
Mitek Systems, Inc. (A)	6,646		93,709
Model N, Inc. (A)	6,121		174,265
Monday.com, Ltd. (A)	3,896		879,990
N-able, Inc. (A)	10,982		143,535
Nemetschek SE	7,768		768,900
NextNav, Inc. (A)(B)	8,474		55,759
Nice, Ltd. (A)	8,519		2,216,993
Olo, Inc., Class A (A)	17,219		94,532
ON24, Inc.	4,667		33,322
OneSpan, Inc. (A)	6,720		78,154
Oracle Corp.	140,482		17,645,944
Oracle Corp. Japan	5,177		389,316
PagerDuty, Inc. (A)	13,960		316,613
Palo Alto Networks, Inc. (A)	27,781		7,893,416
PowerSchool Holdings, Inc., Class A (A)	8,681		184,818
Progress Software Corp.	6,656		354,831
PROS Holdings, Inc. (A)	6,910		251,040
PTC, Inc. (A)	10,737		2,028,649
Q2 Holdings, Inc. (A)	8,714		458,008
Qualys, Inc. (A)	12,841		2,142,778
Rapid7, Inc. (A)	9,386		460,289
Red Violet, Inc. (A)	1,787		34,936
Rimini Street, Inc. (A)	9,265		30,204
Riot Platforms, Inc. (A)	30,530		373,687
Roper Technologies, Inc.	9,417		5,281,430
Salesforce, Inc.	85,290		25,687,642
SAP SE	140,467		27,351,572
Sapiens International Corp. NV	4,790		154,046
SEMrush Holdings, Inc., Class A (A)(B)	4,770		63,250
ServiceNow, Inc. (A)	18,062		13,770,469
SolarWinds Corp. (A)	7,971		100,594
SoundHound AI, Inc., Class A (A)(B)	21,841		128,643
SoundThinking, Inc. (A)	1,657		26,313
Sprinklr, Inc., Class A (A)	16,733		205,314
Sprout Social, Inc., Class A (A)	7,360		439,466
SPS Commerce, Inc. (A)	5,644		1,043,576
Synopsys, Inc. (A)	13,441		7,681,532
Temenos AG	8,595		614,803
Tenable Holdings, Inc. (A)	17,712		875,504
Teradata Corp. (A)	18,917		731,520
TeraWulf, Inc. (A)(B)	22,218		58,433
The Sage Group PLC	137,196		2,192,672
Trend Micro, Inc.	18,002		914,263
Tyler Technologies, Inc. (A)	3,802		1,615,888
Varonis Systems, Inc. (A)	16,786		791,796
Verint Systems, Inc. (A)	9,645		319,732
Veritone, Inc. (A)(B)	4,471		23,517
Weave Communications, Inc. (A)	4,941		56,723
WiseTech Global, Ltd.	22,423		1,371,455
Workiva, Inc. (A)	7,662		649,738

Strategic Equity Allocation Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Software (continued)
Xero, Ltd. (A)	19,376	$	1,682,407
Xperi, Inc. (A)	7,175		86,531
Yext, Inc. (A)	17,345		104,590
Zeta Global Holdings Corp., Class A (A)	21,610		236,197
Zuora, Inc., Class A (A)	20,876		190,389
			500,514,438
Technology hardware, storage and peripherals – 3.5%
Apple, Inc.	1,278,997		219,322,406
Brother Industries, Ltd.	31,207		578,772
Canon, Inc.	134,561		4,009,253
Corsair Gaming, Inc. (A)	6,013		74,200
Eastman Kodak Company (A)	9,797		48,495
FUJIFILM Holdings Corp.	150,591		3,381,460
Hewlett Packard Enterprise Company	115,910		2,055,084
HP, Inc.	76,094		2,299,561
Immersion Corp. (A)	4,428		33,121
Intevac, Inc. (A)	4,469		17,161
IonQ, Inc. (A)(B)	24,996		249,710
Logitech International SA	22,122		1,982,336
NetApp, Inc.	18,125		1,902,581
Pure Storage, Inc., Class A (A)	57,449		2,986,774
Ricoh Company, Ltd.	73,790		655,616
Seagate Technology Holdings PLC	17,577		1,635,540
Seiko Epson Corp.	38,844		679,479
Super Micro Computer, Inc. (A)	11,868		11,987,036
Turtle Beach Corp. (A)	2,832		48,824
Western Digital Corp. (A)	28,074		1,915,770
Xerox Holdings Corp.	18,104		324,062
			256,187,241
			1,472,320,142
Materials – 4.2%
Chemicals – 2.0%
AdvanSix, Inc.	4,283		122,494
Air Liquide SA	70,557		14,679,281
Air Products & Chemicals, Inc.	19,595		4,747,281
Akzo Nobel NV	22,949		1,714,691
Albemarle Corp.	10,603		1,396,839
American Vanguard Corp.	4,649		60,205
Arcadium Lithium PLC (A)	357,654		1,541,489
Arkema SA	8,076		850,238
Asahi Kasei Corp.	168,753		1,237,513
Ashland, Inc.	9,689		943,418
Aspen Aerogels, Inc. (A)	7,942		139,779
Avient Corp.	31,600		1,371,440
Axalta Coating Systems, Ltd. (A)	42,569		1,463,948
Balchem Corp.	4,960		768,552
BASF SE	120,059		6,860,639
Cabot Corp.	19,165		1,767,013
Celanese Corp.	9,048		1,554,989
CF Industries Holdings, Inc.	16,360		1,361,316
Clariant AG (A)	29,023		392,680
Corteva, Inc.	61,883		3,568,793
Covestro AG (A)(C)	25,424		1,390,692
Croda International PLC	17,845		1,104,167
Danimer Scientific, Inc. (A)	12,809		13,962
Dow, Inc.	61,926		3,587,373
DSM-Firmenich AG	25,017		2,845,235
DuPont de Nemours, Inc.	37,820		2,899,659
Eastman Chemical Company	9,892		991,376
Ecolab, Inc.	22,362		5,163,386
Ecovyst, Inc. (A)	14,719		164,117
EMS-Chemie Holding AG	944		723,499
Evonik Industries AG	31,341		619,930
FMC Corp.	11,272		718,026

 

254

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Strategic Equity Allocation Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Chemicals (continued)
Givaudan SA	1,242	$	5,529,058
Hawkins, Inc.	3,025		232,320
HB Fuller Company	8,301		661,922
ICL Group, Ltd.	104,079		551,600
Ingevity Corp. (A)	5,716		272,653
Innospec, Inc.	3,882		500,545
International Flavors & Fragrances, Inc.	22,141		1,903,905
Intrepid Potash, Inc. (A)	1,648		34,377
JSR Corp. (A)	23,827		681,993
Koppers Holdings, Inc.	3,175		175,165
Kronos Worldwide, Inc.	3,503		41,335
Linde PLC	42,757		19,852,930
LSB Industries, Inc. (A)	8,291		72,795
LyondellBasell Industries NV, Class A	22,401		2,291,174
Mativ Holdings, Inc.	8,997		168,694
Minerals Technologies, Inc.	4,975		374,518
Mitsubishi Chemical Group Corp.	172,219		1,049,549
Mitsui Chemicals, Inc.	22,964		673,671
NewMarket Corp.	1,336		847,852
Nippon Paint Holdings Company, Ltd.	127,551		918,008
Nippon Sanso Holdings Corp.	23,303		731,148
Nissan Chemical Corp.	16,925		641,052
Nitto Denko Corp.	19,310		1,765,744
Novozymes A/S, B Shares	50,189		2,952,192
OCI NV	14,191		388,958
Olin Corp.	23,250		1,367,100
Orica, Ltd.	61,441		730,801
Orion SA	8,608		202,460
Perimeter Solutions SA (A)	24,159		179,260
PPG Industries, Inc.	20,742		3,005,516
PureCycle Technologies, Inc. (A)(B)	19,183		119,318
Quaker Chemical Corp.	2,146		440,467
Rayonier Advanced Materials, Inc. (A)	11,180		53,440
RPM International, Inc.	24,927		2,965,067
Sensient Technologies Corp.	6,580		455,270
Shin-Etsu Chemical Company, Ltd.	242,337		10,629,364
Sika AG	20,508		6,102,159
Stepan Company	3,331		299,923
Syensqo SA (A)	9,970		944,713
Symrise AG	17,862		2,138,275
The Chemours Company	28,711		753,951
The Mosaic Company	29,530		958,544
The Scotts Miracle-Gro Company	8,114		605,223
The Sherwin-Williams Company	20,753		7,208,139
Toray Industries, Inc.	186,540		895,739
Trinseo PLC	5,975		22,586
Tronox Holdings PLC	18,265		316,898
Umicore SA	28,173		607,398
Westlake Corp.	6,196		946,749
Yara International ASA	22,273		706,256
			152,731,794
Construction materials – 0.4%
CRH PLC	93,327		8,055,051
Eagle Materials, Inc.	6,663		1,810,670
Heidelberg Materials AG	17,532		1,929,946
Holcim, Ltd. (A)	70,112		6,351,918
James Hardie Industries PLC, CHESS Depositary Interest (A)	59,204		2,379,610
Knife River Corp. (A)	19,703		1,597,519
Martin Marietta Materials, Inc.	5,450		3,345,973
Summit Materials, Inc., Class A (A)	18,447		822,183
United States Lime & Minerals, Inc.	331		98,684

Strategic Equity Allocation Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Construction materials (continued)
Vulcan Materials Company	11,713	$	3,196,712
			29,588,266
Containers and packaging – 0.3%
Amcor PLC	130,590		1,241,911
AptarGroup, Inc.	12,769		1,837,331
Avery Dennison Corp.	6,921		1,545,113
Ball Corp.	27,319		1,840,208
Berry Global Group, Inc.	22,418		1,355,841
Crown Holdings, Inc.	23,153		1,835,107
Graphic Packaging Holding Company	59,198		1,727,398
Greif, Inc., Class A	8,699		600,666
Greif, Inc., Class B	771		53,600
International Paper Company	31,263		1,219,882
Myers Industries, Inc.	5,682		131,652
O-I Glass, Inc. (A)	24,001		398,177
Packaging Corp. of America	7,684		1,458,270
Pactiv Evergreen, Inc.	6,223		89,113
Ranpak Holdings Corp. (A)	6,877		54,122
SIG Group AG (A)	41,137		912,183
Silgan Holdings, Inc.	15,655		760,207
Smurfit Kappa Group PLC	35,022		1,596,857
Sonoco Products Company	18,947		1,095,894
TriMas Corp.	6,871		183,662
Westrock Company	23,167		1,145,608
			21,082,802
Metals and mining – 1.4%
1911 Gold Corp. (A)	3,149		308
Alcoa Corp.	34,521		1,166,465
Alpha Metallurgical Resources, Inc.	1,788		592,132
Anglo American PLC	170,932		4,212,246
Antofagasta PLC	53,047		1,362,565
ArcelorMittal SA	68,832		1,891,993
Arch Resources, Inc.	2,789		448,443
ATI, Inc. (A)	19,944		1,020,534
BHP Group, Ltd.	681,835		19,714,541
BlueScope Steel, Ltd.	59,983		932,922
Boliden AB	36,791		1,021,598
Caledonia Mining Corp. PLC (B)	3,176		35,158
Carpenter Technology Corp.	7,582		541,506
Century Aluminum Company (A)	8,082		124,382
Cleveland-Cliffs, Inc. (A)	96,381		2,191,704
Coeur Mining, Inc. (A)	51,300		193,401
Commercial Metals Company	40,590		2,385,474
Compass Minerals International, Inc.	5,201		81,864
Constellium SE (A)	19,918		440,387
Contango ORE, Inc. (A)(B)	1,276		25,329
Dakota Gold Corp. (A)	11,106		26,321
Endeavour Mining PLC	24,701		501,237
Fortescue, Ltd.	227,795		3,812,156
Freeport-McMoRan, Inc.	126,287		5,938,015
Glencore PLC	1,395,028		7,655,294
Haynes International, Inc.	1,972		118,557
Hecla Mining Company	94,101		452,626
i-80 Gold Corp. (A)(B)	33,755		45,232
Ivanhoe Electric, Inc. (A)	10,463		102,537
JFE Holdings, Inc.	77,411		1,282,980
Kaiser Aluminum Corp.	2,459		219,736
Materion Corp.	3,134		412,905
Metallus, Inc. (A)	6,743		150,032
Mineral Resources, Ltd.	23,631		1,090,293
MP Materials Corp. (A)(B)	27,860		398,398
Newmont Corp.	101,501		3,637,796
Nippon Steel Corp. (B)	115,051		2,768,642
Norsk Hydro ASA	178,474		980,783
Northern Star Resources, Ltd.	154,590		1,458,643

 

255

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Strategic Equity Allocation Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Metals and mining (continued)
Novagold Resources, Inc. (A)	38,074	$	114,222
Nucor Corp.	21,766		4,307,491
Olympic Steel, Inc.	1,478		104,761
Pan American Silver Corp., CVR (A)	54,671		24,493
Perpetua Resources Corp. (A)	6,884		28,637
Piedmont Lithium, Inc. (A)	2,906		38,708
Pilbara Minerals, Ltd.	384,578		959,694
Radius Recycling, Inc.	3,941		83,273
Ramaco Resources, Inc. (A)	3,729		62,796
Reliance, Inc.	11,116		3,714,745
Rio Tinto PLC	151,492		9,578,060
Rio Tinto, Ltd.	49,935		3,963,106
Royal Gold, Inc.	12,706		1,547,718
Ryerson Holding Corp.	4,425		148,238
South32, Ltd.	609,269		1,188,886
Steel Dynamics, Inc.	13,173		1,952,634
Sumitomo Metal Mining Company, Ltd.	33,254		992,975
SunCoke Energy, Inc.	13,546		152,663
Tredegar Corp.	4,147		27,038
U.S. Steel Corp.	43,274		1,764,714
voestalpine AG	15,612		437,965
Warrior Met Coal, Inc.	8,046		488,392
Worthington Steel, Inc. (A)	4,740		169,929
			101,286,273
Paper and forest products – 0.1%
Clearwater Paper Corp. (A)	2,411		105,433
Holmen AB, B Shares	10,254		417,132
Louisiana-Pacific Corp.	12,414		1,041,659
Mondi PLC	59,376		1,045,807
Resolute Forest Products, Inc. (A)(D)	7,217		10,248
Stora Enso OYJ, R Shares	78,261		1,088,301
Svenska Cellulosa AB SCA, B Shares (B)	81,521		1,253,303
Sylvamo Corp.	5,649		348,769
UPM-Kymmene OYJ	71,798		2,392,069
			7,702,721
			312,391,856
Real estate – 2.7%
Diversified REITs – 0.1%
Alexander & Baldwin, Inc.	11,574		190,624
Alpine Income Property Trust, Inc.	1,643		25,105
American Assets Trust, Inc.	7,569		165,837
Armada Hoffler Properties, Inc.	10,414		108,306
Broadstone Net Lease, Inc.	28,952		453,678
Covivio SA	6,794		350,191
CTO Realty Growth, Inc.	3,189		54,054
Empire State Realty Trust, Inc., Class A	20,475		207,412
Essential Properties Realty Trust, Inc.	23,984		639,413
Gladstone Commercial Corp.	6,048		83,704
Global Net Lease, Inc.	29,594		229,945
KDX Realty Investment Corp.	557		592,031
Land Securities Group PLC	95,186		790,609
Mirvac Group	530,806		815,855
NexPoint Diversified Real Estate Trust	5,736		37,858
Nomura Real Estate Master Fund, Inc.	539		532,982
One Liberty Properties, Inc.	2,429		54,871
Stockland	321,119		1,014,695
The GPT Group	257,681		766,862
WP Carey, Inc.	42,296		2,387,186
			9,501,218
Health care REITs – 0.2%
CareTrust REIT, Inc.	15,204		370,521
Community Healthcare Trust, Inc.	4,612		122,449
Diversified Healthcare Trust	37,341		91,859

Strategic Equity Allocation Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Health care REITs (continued)
Global Medical REIT, Inc.	9,629	$	84,254
Healthcare Realty Trust, Inc.	73,668		1,042,402
Healthpeak Properties, Inc.	65,621		1,230,394
LTC Properties, Inc.	6,206		201,757
National Health Investors, Inc.	6,459		405,819
Omega Healthcare Investors, Inc.	47,443		1,502,520
Sabra Health Care REIT, Inc.	80,384		1,187,272
Universal Health Realty Income Trust	2,174		79,808
Ventas, Inc.	34,596		1,506,310
Welltower, Inc.	48,758		4,555,948
			12,381,313
Hotel and resort REITs – 0.1%
Apple Hospitality REIT, Inc.	33,052		541,392
Braemar Hotels & Resorts, Inc.	12,248		24,496
Chatham Lodging Trust	7,790		78,757
DiamondRock Hospitality Company	32,878		315,958
Host Hotels & Resorts, Inc.	63,738		1,318,102
Park Hotels & Resorts, Inc.	40,615		710,356
Pebblebrook Hotel Trust	18,344		282,681
RLJ Lodging Trust	23,798		281,292
Ryman Hospitality Properties, Inc.	8,981		1,038,293
Service Properties Trust	25,733		174,470
Summit Hotel Properties, Inc.	16,365		106,536
Sunstone Hotel Investors, Inc.	32,503		362,083
Xenia Hotels & Resorts, Inc.	16,993		255,065
			5,489,481
Industrial REITs – 0.4%
CapitaLand Ascendas REIT	502,360		1,030,479
EastGroup Properties, Inc.	9,226		1,658,558
First Industrial Realty Trust, Inc.	25,586		1,344,288
GLP J-REIT	629		527,101
Goodman Group	229,928		5,064,690
Innovative Industrial Properties, Inc.	4,301		445,326
LXP Industrial Trust	44,466		401,083
Mapletree Logistics Trust	469,090		507,180
Nippon Prologis REIT, Inc.	306		545,107
Plymouth Industrial REIT, Inc.	7,109		159,953
Prologis, Inc.	81,412		10,601,471
Rexford Industrial Realty, Inc.	40,763		2,050,379
Segro PLC	156,879		1,788,660
STAG Industrial, Inc.	35,120		1,350,013
Terreno Realty Corp.	12,751		846,666
Warehouses De Pauw CVA	23,614		673,348
			28,994,302
Office REITs – 0.1%
Alexandria Real Estate Equities, Inc.	14,131		1,821,627
Boston Properties, Inc.	13,045		851,969
Brandywine Realty Trust	25,322		121,546
City Office REIT, Inc.	7,313		38,101
COPT Defense Properties	39,039		943,573
Cousins Properties, Inc.	29,356		705,718
Dexus	144,687		745,513
Douglas Emmett, Inc.	24,770		343,560
Easterly Government Properties, Inc.	14,556		167,540
Equity Commonwealth (A)	16,134		304,610
Gecina SA	6,188		632,068
Hudson Pacific Properties, Inc.	21,568		139,114
Japan Real Estate Investment Corp.	172		613,154
JBG SMITH Properties	15,771		253,125
Kilroy Realty Corp.	20,652		752,352
Nippon Building Fund, Inc.	206		824,023
Office Properties Income Trust	8,257		16,844
Orion Office REIT, Inc.	7,969		27,971
Paramount Group, Inc.	28,598		134,125

 

256

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Strategic Equity Allocation Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Office REITs (continued)
Peakstone Realty Trust	5,579	$	89,989
Piedmont Office Realty Trust, Inc., Class A	18,165		127,700
Postal Realty Trust, Inc., Class A	2,850		40,812
SL Green Realty Corp.	10,031		553,009
Vornado Realty Trust	30,922		889,626
			11,137,669
Real estate management and development – 0.5%
Anywhere Real Estate, Inc. (A)	16,747		103,496
Azrieli Group, Ltd.	5,709		411,938
CapitaLand Investment, Ltd.	349,953		694,430
CBRE Group, Inc., Class A (A)	26,160		2,543,798
City Developments, Ltd.	67,276		291,429
CK Asset Holdings, Ltd.	262,569		1,081,961
Compass, Inc., Class A (A)	45,100		162,360
CoStar Group, Inc. (A)	35,998		3,477,407
Cushman & Wakefield PLC (A)	25,804		269,910
Daito Trust Construction Company, Ltd.	7,880		898,971
Daiwa House Industry Company, Ltd.	79,827		2,376,082
DigitalBridge Group, Inc.	25,083		483,349
Douglas Elliman, Inc. (A)	13,400		21,172
ESR Group, Ltd. (C)	229,636		246,028
eXp World Holdings, Inc.	10,965		113,268
Fastighets AB Balder, B Shares (A)	87,702		644,210
Forestar Group, Inc. (A)	2,785		111,929
FRP Holdings, Inc. (A)	1,219		74,847
Hang Lung Properties, Ltd.	242,092		248,955
Henderson Land Development Company, Ltd.	195,374		557,921
Hongkong Land Holdings, Ltd.	148,420		455,722
Hulic Company, Ltd.	51,645		530,412
Jones Lang LaSalle, Inc. (A)	9,202		1,795,218
Kennedy-Wilson Holdings, Inc.	18,763		160,987
LEG Immobilien SE (A)	9,969		856,246
Marcus & Millichap, Inc.	3,732		127,522
Maui Land & Pineapple Company, Inc. (A)	1,399		30,302
Mitsubishi Estate Company, Ltd.	151,419		2,762,788
Mitsui Fudosan Company, Ltd.	359,175		3,872,432
Newmark Group, Inc., Class A	21,328		236,528
Nomura Real Estate Holdings, Inc.	14,786		417,724
Opendoor Technologies, Inc. (A)	86,339		261,607
RE/MAX Holdings, Inc., Class A	2,918		25,591
Redfin Corp. (A)	17,338		115,298
Sagax AB, Class B	27,436		723,770
Sino Land Company, Ltd.	516,489		536,953
Star Holdings (A)	2,608		33,695
Sumitomo Realty & Development Company, Ltd.	38,425		1,431,697
Sun Hung Kai Properties, Ltd.	194,903		1,882,701
Swire Pacific, Ltd., Class A	57,630		474,431
Swire Properties, Ltd.	157,399		331,077
Swiss Prime Site AG	10,321		973,550
Tejon Ranch Company (A)	3,628		55,907
The RMR Group, Inc., Class A	2,442		58,608
The St. Joe Company	5,357		310,545
The Wharf Holdings, Ltd.	143,887		473,014
Vonovia SE	98,626		2,914,573
Wharf Real Estate Investment Company, Ltd.	224,635		731,390
			37,393,749
Residential REITs – 0.2%
American Homes 4 Rent, Class A	61,519		2,262,669
Apartment Income REIT Corp.	27,947		907,439

Strategic Equity Allocation Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Residential REITs (continued)
Apartment Investment and Management Company, Class A (A)	24,110	$	197,461
AvalonBay Communities, Inc.	12,421		2,304,841
BRT Apartments Corp.	2,376		39,917
Camden Property Trust	9,647		949,265
Centerspace	2,326		132,908
Elme Communities	13,480		187,642
Equity LifeStyle Properties, Inc.	36,059		2,322,200
Equity Residential	30,015		1,894,247
Essex Property Trust, Inc.	5,799		1,419,653
Independence Realty Trust, Inc.	78,046		1,258,882
Invitation Homes, Inc.	49,806		1,773,592
Mid-America Apartment Communities, Inc.	10,543		1,387,248
NexPoint Residential Trust, Inc.	3,531		113,663
UDR, Inc.	27,342		1,022,864
UMH Properties, Inc.	9,929		161,247
Veris Residential, Inc.	12,286		186,870
			18,522,608
Retail REITs – 0.4%
Acadia Realty Trust	14,455		245,880
Agree Realty Corp.	19,405		1,108,414
Alexander's, Inc.	334		72,525
Brixmor Property Group, Inc.	58,139		1,363,360
CapitaLand Integrated Commercial Trust	716,489		1,050,559
CBL & Associates Properties, Inc.	3,831		87,768
Federal Realty Investment Trust	6,637		677,770
Getty Realty Corp.	7,319		200,175
InvenTrust Properties Corp.	10,701		275,123
Japan Metropolitan Fund Investment Corp.	940		585,706
Kimco Realty Corp.	60,085		1,178,267
Kite Realty Group Trust	76,007		1,647,832
Klepierre SA	28,941		749,153
Link REIT	346,765		1,493,313
Mapletree Pan Asia Commercial Trust	317,797		301,214
NETSTREIT Corp.	10,603		194,777
NNN REIT, Inc.	35,293		1,508,423
Phillips Edison & Company, Inc.	18,185		652,296
Realty Income Corp.	73,110		3,955,251
Regency Centers Corp.	14,843		898,892
Retail Opportunity Investments Corp.	19,048		244,195
Saul Centers, Inc.	2,060		79,289
Scentre Group	698,213		1,542,020
Simon Property Group, Inc.	28,673		4,487,038
SITE Centers Corp.	29,183		427,531
Tanger, Inc.	15,651		462,174
The Macerich Company	33,421		575,844
Unibail-Rodamco-Westfield (A)	15,898		1,278,935
Urban Edge Properties	17,446		301,292
Vicinity, Ltd.	520,526		722,508
Whitestone REIT	7,484		93,924
			28,461,448
Specialized REITs – 0.7%
American Tower Corp.	41,055		8,112,057
Crown Castle, Inc.	38,146		4,036,991
CubeSmart	43,493		1,966,753
Digital Realty Trust, Inc.	26,669		3,841,403
EPR Properties	14,570		618,497
Equinix, Inc.	8,268		6,823,828
Extra Space Storage, Inc.	18,572		2,730,084
Farmland Partners, Inc.	7,003		77,733
Four Corners Property Trust, Inc.	14,098		344,978
Gaming and Leisure Properties, Inc.	51,648		2,379,423
Gladstone Land Corp.	5,123		68,341

 

257

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Strategic Equity Allocation Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Specialized REITs (continued)
Iron Mountain, Inc.	25,429	$	2,039,660
Lamar Advertising Company, Class A	16,940		2,022,805
National Storage Affiliates Trust	14,941		585,090
Outfront Media, Inc.	22,759		382,124
PotlatchDeltic Corp.	27,586		1,297,094
Public Storage	13,930		4,040,536
Rayonier, Inc.	26,387		877,104
Safehold, Inc.	7,792		160,515
SBA Communications Corp.	9,401		2,037,197
Uniti Group, Inc.	37,081		218,778
VICI Properties, Inc.	90,792		2,704,694
Weyerhaeuser Company	63,748		2,289,191
			49,654,876
			201,536,664
Utilities – 2.5%
Electric utilities – 1.4%
Acciona SA	3,320		404,046
ALLETE, Inc.	20,083		1,197,750
Alliant Energy Corp.	23,056		1,162,022
American Electric Power Company, Inc.	46,364		3,991,940
BKW AG	2,841		436,563
Chubu Electric Power Company, Inc.	86,670		1,133,309
CK Infrastructure Holdings, Ltd.	84,739		496,305
CLP Holdings, Ltd.	220,904		1,761,984
Constellation Energy Corp.	28,149		5,203,343
Duke Energy Corp.	68,003		6,576,570
Edison International	33,535		2,371,931
EDP - Energias de Portugal SA	422,107		1,646,906
Elia Group SA/NV	3,956		427,030
Endesa SA	42,726		792,202
Enel SpA	1,094,073		7,222,518
Entergy Corp.	18,366		1,940,919
Evergy, Inc.	20,756		1,107,955
Eversource Energy	30,271		1,809,298
Exelon Corp.	87,721		3,295,678
FirstEnergy Corp.	44,655		1,724,576
Fortum OYJ	60,350		745,091
Genie Energy, Ltd., B Shares	3,123		47,095
Iberdrola SA	825,514		10,253,176
IDACORP, Inc.	9,790		909,393
Mercury NZ, Ltd.	93,567		386,972
MGE Energy, Inc.	5,792		455,946
NextEra Energy, Inc.	180,800		11,554,928
NRG Energy, Inc.	20,398		1,380,741
OGE Energy Corp.	38,740		1,328,782
Origin Energy, Ltd.	231,747		1,390,185
Orsted A/S (A)(C)	25,447		1,421,948
Otter Tail Corp.	6,406		553,478
PG&E Corp.	188,043		3,151,601
Pinnacle West Capital Corp.	10,246		765,684
PNM Resources, Inc.	29,927		1,126,452
Portland General Electric Company	35,243		1,480,206
Power Assets Holdings, Ltd.	186,346		1,091,727
PPL Corp.	66,600		1,833,498
Redeia Corp. SA	54,589		932,437
SSE PLC	147,016		3,064,987
Terna - Rete Elettrica Nazionale	189,261		1,564,376
The Kansai Electric Power Company, Inc.	94,706		1,351,341
The Southern Company	96,230		6,903,540
Tokyo Electric Power Company Holdings, Inc. (A)	205,364		1,248,229
Verbund AG	9,160		669,230

Strategic Equity Allocation Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Electric utilities (continued)
Xcel Energy, Inc.	48,375	$	2,600,156
			102,914,044
Gas utilities – 0.2%
APA Group	172,564		945,822
Atmos Energy Corp.	13,417		1,594,879
Brookfield Infrastructure Corp., Class A	18,535		668,001
Chesapeake Utilities Corp.	3,288		352,802
Enagas SA (B)	33,481		497,388
Hong Kong & China Gas Company, Ltd.	1,506,042		1,141,529
National Fuel Gas Company	17,820		957,290
New Jersey Resources Corp.	33,954		1,456,966
Northwest Natural Holding Company	5,589		208,023
ONE Gas, Inc.	19,228		1,240,783
Osaka Gas Company, Ltd.	50,447		1,134,855
RGC Resources, Inc.	1,236		25,017
Snam SpA	271,252		1,280,771
Southwest Gas Holdings, Inc.	21,141		1,609,464
Spire, Inc.	18,529		1,137,125
Tokyo Gas Company, Ltd.	49,723		1,130,343
UGI Corp.	40,531		994,631
			16,375,689
Independent power and renewable electricity producers – 0.2%
Altus Power, Inc. (A)	9,950		47,561
EDP Renovaveis SA	41,326		559,644
Meridian Energy, Ltd.	173,977		614,393
Montauk Renewables, Inc. (A)	10,745		44,699
Ormat Technologies, Inc.	18,594		1,230,737
RWE AG	85,052		2,890,678
Sunnova Energy International, Inc. (A)	16,533		101,347
The AES Corp.	60,502		1,084,801
Vistra Corp.	65,009		4,527,877
			11,101,737
Multi-utilities – 0.6%
Ameren Corp.	22,703		1,679,114
Avista Corp.	11,791		412,921
Black Hills Corp.	23,379		1,276,493
CenterPoint Energy, Inc.	54,306		1,547,178
Centrica PLC	726,061		1,170,452
CMS Energy Corp.	26,361		1,590,623
Consolidated Edison, Inc.	30,339		2,755,085
Dominion Energy, Inc.	73,741		3,627,320
DTE Energy Company	17,940		2,011,792
E.ON SE	302,011		4,204,571
Engie SA	245,689		4,117,095
National Grid PLC	500,366		6,741,930
NiSource, Inc.	37,338		1,032,769
Northwestern Energy Group, Inc.	21,287		1,084,147
Public Service Enterprise Group, Inc.	43,830		2,926,967
Sembcorp Industries, Ltd.	120,222		480,604
Sempra	55,613		3,994,682
Unitil Corp.	2,601		136,162
Veolia Environnement SA	92,698		3,015,634
WEC Energy Group, Inc.	27,555		2,262,817
			46,068,356
Water utilities – 0.1%
American States Water Company	5,681		410,395
American Water Works Company, Inc.	16,958		2,072,437
Artesian Resources Corp., Class A	1,552		57,595
Cadiz, Inc. (A)	7,937		23,017
California Water Service Group	8,965		416,693
Consolidated Water Company, Ltd.	2,341		68,615
Essential Utilities, Inc.	48,633		1,801,853
Global Water Resources, Inc.	1,763		22,637

 

258

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Strategic Equity Allocation Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Water utilities (continued)
Middlesex Water Company	2,710	$	142,275
Pure Cycle Corp. (A)	4,085		38,808
Severn Trent PLC	36,209		1,129,839
SJW Group	4,884		276,386
The York Water Company	2,212		80,229
United Utilities Group PLC	91,724		1,191,828
			7,732,607
			184,192,433
TOTAL COMMON STOCKS (Cost $3,432,657,200)		$	7,086,767,362
PREFERRED SECURITIES – 0.1%
Consumer discretionary – 0.1%
Automobiles – 0.1%
Bayerische Motoren Werke AG	7,926		850,479
Dr. Ing. h.c. F. Porsche AG (C)	15,318		1,523,495
Porsche Automobil Holding SE	20,600		1,091,262
Volkswagen AG	27,738		3,678,724
			7,143,960
Consumer staples – 0.0%
Household products – 0.0%
Henkel AG & Company KGaA	22,768		1,830,001
Health care – 0.0%
Life sciences tools and services – 0.0%
Sartorius AG	3,525		1,399,813
TOTAL PREFERRED SECURITIES (Cost $9,959,041)		$	10,373,774
RIGHTS – 0.0%
Empire Petroleum Corp. (Expiration Date: 4-10-24; Strike Price: $5.00) (A)	2,136		0
TOTAL RIGHTS (Cost $0)		$	0
WARRANTS – 0.0%
Cassava Sciences, Inc. (Expiration Date: 11-15-24; Strike Price: $33.00) (A)	2,617		10,547
Chord Energy Corp. (Expiration Date: 9-1-24; Strike Price: $116.37) (A)	917		32,590

Strategic Equity Allocation Trust (continued)

	Shares or Principal Amount	Value
WARRANTS (continued)
Chord Energy Corp. (Expiration Date: 9-1-25; Strike Price: $133.70) (A)	458	$	11,780
Nabors Industries, Ltd. (Expiration Date: 6-11-26; Strike Price: $166.67) (A)	480		3,936
TOTAL WARRANTS (Cost $15,655)		$	58,853
SHORT-TERM INVESTMENTS – 4.8%
Short-term funds – 4.8%
John Hancock Collateral Trust, 5.2975% (E)(F)	35,547,032		355,377,901
TOTAL SHORT-TERM INVESTMENTS (Cost $355,476,767)		$	355,377,901
Total Investments (Strategic Equity Allocation Trust) (Cost $3,798,108,663) – 100.4%		$	7,452,577,890
Other assets and liabilities, net – (0.4%)			(27,738,249)
TOTAL NET ASSETS – 100.0%		$	7,424,839,641

Security Abbreviations and Legend
ADR	American Depositary Receipt
CVR	Contingent Value Right
(A)	Non-income producing security.
(B)	All or a portion of this security is on loan as of 3-31-24. The value of securities on loan amounted to $71,977,314.
(C)	These securities are exempt from registration under Rule 144A of the Securities Act of 1933. Such securities may be resold, normally to qualified institutional buyers, in transactions exempt from registration.
(D)	Security is valued using significant unobservable inputs and is classified as Level 3 in the fair value hierarchy.
(E)	The rate shown is the annualized seven-day yield as of 3-31-24.
(F)	Investment is an affiliate of the fund, the advisor and/or subadvisor. A portion of this security represents the investment of cash collateral received for securities lending. Market value of this investment amounted to $74,181,233.

 

DERIVATIVES

FUTURES

Open contracts	Number of contracts	Position	Expiration date	Notional basis^	Notional value^	Unrealized appreciation (depreciation)
MSCI EAFE Index Futures	988	Long	Jun 2024	$116,634,317	$116,440,740	$(193,577)
Russell 2000 E-Mini Index Futures	172	Long	Jun 2024	18,139,586	18,454,740	315,154
S&P 500 E-Mini Index Futures	652	Long	Jun 2024	169,594,710	173,057,100	3,462,390
S&P Mid 400 E-Mini Index Futures	50	Long	Jun 2024	14,879,700	15,387,000	507,300
						$4,091,267

^ Notional basis refers to the contractual amount agreed upon at inception of open contracts; notional value represents the current value of the open contract.

259

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Strategic Income Opportunities Trust

		Shares or Principal Amount	Value
U.S. GOVERNMENT AND AGENCY OBLIGATIONS – 14.5%
U.S. Government – 9.7%
U.S. Treasury Bonds
2.000%, 02/15/2050	$	4,548,000	$	2,848,540
2.375%, 02/15/2042		2,250,000		1,673,525
2.750%, 11/15/2042		995,000		778,782
3.000%, 02/15/2049 to 08/15/2052		8,210,000		6,394,453
3.625%, 02/15/2053		3,295,000		2,893,422
U.S. Treasury Notes
1.500%, 01/31/2027		3,402,000		3,137,282
1.875%, 02/15/2032		1,509,000		1,274,516
2.625%, 05/31/2027		1,015,000		961,831
2.750%, 08/15/2032		4,865,000		4,363,487
2.875%, 05/15/2032		8,795,000		7,985,242
3.500%, 02/15/2033		6,495,000		6,151,222
				38,462,302
U.S. Government Agency – 4.8%
Federal Home Loan Mortgage Corp.
4.500%, 08/01/2052		823,927		785,515
5.000%, 08/01/2052 to 11/01/2052		2,667,194		2,631,161
5.500%, 11/01/2052 to 12/01/2053		8,900,428		8,937,680
Federal National Mortgage Association
4.500%, 09/01/2052		1,948,632		1,873,618
5.000%, 11/01/2052		736,321		725,934
5.500%, 10/01/2052 to 02/01/2054		3,987,143		3,994,524
				18,948,432
TOTAL U.S. GOVERNMENT AND AGENCY OBLIGATIONS (Cost $61,289,923)			$	57,410,734
FOREIGN GOVERNMENT OBLIGATIONS – 23.5%
Australia – 1.8%
Commonwealth of Australia 1.000%, 12/21/2030	AUD	905,000		493,111
New South Wales Treasury Corp.
1.250%, 03/20/2025		1,370,000		868,310
1.500%, 02/20/2032		2,750,000		1,446,482
2.000%, 03/08/2033		765,000		406,193
Queensland Treasury Corp. 5.250%, 07/21/2036 (A)		2,145,000		1,456,727
South Australian Government Financing Authority 4.750%, 05/24/2038		870,000		551,581
Treasury Corp. of Victoria
2.250%, 11/20/2034		795,000		408,725
4.250%, 12/20/2032		1,385,000		884,142
4.750%, 09/15/2036		1,255,000		802,710
				7,317,981
Austria – 0.4%
Republic of Austria 2.900%, 02/20/2033 (A)	EUR	1,330,000		1,451,156
Brazil – 1.1%
Federative Republic of Brazil 10.000%, 01/01/2025 to 01/01/2027	BRL	22,125,000		4,511,049
Canada – 2.5%
CDP Financial, Inc. 4.200%, 12/02/2030	CAD	855,000		637,146
CPPIB Capital, Inc. 2.250%, 12/01/2031 (A)		635,000		414,467
Government of Canada
1.250%, 03/01/2025		2,310,000		1,655,106
1.500%, 09/01/2024		885,000		644,409
OMERS Finance Trust 4.750%, 03/26/2031 (A)	$	465,000		465,110
Ontario Teachers' Finance Trust 2.000%, 04/16/2031 (A)		1,340,000		1,127,347

Strategic Income Opportunities Trust (continued)

		Shares or Principal Amount	Value
FOREIGN GOVERNMENT OBLIGATIONS (continued)
Canada (continued)
Province of Alberta 0.625%, 04/18/2025	EUR	670,000	$	701,611
Province of British Columbia 4.200%, 07/06/2033	$	750,000		727,339
Province of Ontario
1.350%, 12/02/2030	CAD	2,750,000		1,725,564
3.450%, 06/02/2045		1,060,000		684,385
Province of Quebec
0.200%, 04/07/2025	EUR	465,000		484,933
4.500%, 09/08/2033	$	824,000		815,425
				10,082,842
China – 0.2%
People's Republic of China 2.690%, 08/12/2026	CNY	4,220,000		592,040
Colombia – 0.2%
Republic of Colombia
3.250%, 04/22/2032	$	290,000		225,598
4.500%, 03/15/2029		445,000		409,156
5.625%, 02/26/2044		235,000		185,917
				820,671
Finland – 0.6%
Kuntarahoitus OYJ 5.960%, (3 month NIBOR + 1.250%), 01/10/2025 (B)	NOK	7,000,000		650,727
Republic of Finland 3.000%, 09/15/2033 (A)	EUR	1,380,000		1,512,872
				2,163,599
Germany – 0.4%
Federal Republic of Germany 3.250%, 07/04/2042		435,000		521,012
Federal Republic of Germany, Zero Coupon 0.000%, 02/15/2031 to 05/15/2035		1,325,000		1,170,350
				1,691,362
India – 1.3%
Export-Import Bank of India 3.875%, 02/01/2028 (A)	$	630,000		600,265
Republic of India
5.220%, 06/15/2025	INR	80,250,000		941,657
6.100%, 07/12/2031		33,840,000		382,510
6.450%, 10/07/2029		33,000,000		384,646
7.060%, 04/10/2028		45,750,000		547,123
7.100%, 04/18/2029		46,920,000		562,796
7.260%, 02/06/2033		60,230,000		730,124
7.270%, 04/08/2026		15,300,000		183,752
7.380%, 06/20/2027		62,940,000		759,645
				5,092,518
Indonesia – 3.3%
Perusahaan Penerbit SBSN Indonesia III 4.150%, 03/29/2027 (A)	$	940,000		917,309
Republic of Indonesia
1.100%, 03/12/2033	EUR	261,000		222,589
2.150%, 07/18/2024 (A)		740,000		792,141
3.050%, 03/12/2051	$	935,000		660,175
3.850%, 10/15/2030		405,000		377,691
5.125%, 04/15/2027	IDR	6,216,000,000		377,678
6.375%, 08/15/2028 to 04/15/2032		50,691,000,000		3,156,727
6.500%, 06/15/2025 to 02/15/2031		41,856,000,000		2,617,289
6.625%, 05/15/2033		10,391,000,000		653,515
7.500%, 06/15/2035 to 05/15/2038		10,834,000,000		721,784
8.125%, 05/15/2024		3,514,000,000		221,962
8.375%, 09/15/2026		12,897,000,000		847,868
8.750%, 05/15/2031		17,423,000,000		1,225,524

 

260

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Strategic Income Opportunities Trust (continued)

		Shares or Principal Amount	Value
FOREIGN GOVERNMENT OBLIGATIONS (continued)
Indonesia (continued)
Republic of Indonesia (continued)
9.000%, 03/15/2029	IDR	6,709,000,000	$	466,026
				13,258,278
Ireland – 0.1%
Republic of Ireland 1.100%, 05/15/2029	EUR	315,000		315,959
Italy – 0.2%
Republic of Italy 1.250%, 02/17/2026	$	1,032,000		957,190
Malaysia – 1.2%
Government of Malaysia
3.733%, 06/15/2028	MYR	3,780,000		803,050
3.828%, 07/05/2034		1,965,000		413,705
3.844%, 04/15/2033		6,033,000		1,274,092
3.882%, 03/14/2025		2,055,000		436,447
3.899%, 11/16/2027		3,370,000		721,120
3.900%, 11/30/2026		1,805,000		386,271
4.498%, 04/15/2030		3,215,000		706,502
				4,741,187
Mexico – 1.8%
Government of Mexico
5.000%, 03/06/2025	MXN	39,431,000		2,254,264
7.500%, 05/26/2033		46,370,000		2,482,550
7.750%, 05/29/2031		45,200,000		2,498,215
				7,235,029
Netherlands – 0.3%
BNG Bank NV 3.300%, 07/17/2028	AUD	1,775,000		1,110,226
New Zealand – 2.0%
Government of New Zealand
0.500%, 05/15/2026	NZD	1,360,000		745,963
2.750%, 04/15/2025		3,760,000		2,191,906
3.500%, 04/14/2033		4,015,000		2,213,340
4.250%, 05/15/2034		1,490,000		864,842
New Zealand Local Government Funding Agency
2.250%, 05/15/2031		220,000		109,644
3.000%, 05/15/2035		1,135,000		548,394
3.500%, 04/14/2033		1,316,000		693,410
4.700%, 08/01/2028	AUD	850,000		560,647
				7,928,146
Norway – 1.2%
Kingdom of Norway
1.250%, 09/17/2031 (A)	NOK	11,450,000		897,575
1.750%, 03/13/2025 to 02/17/2027 (A)		15,790,000		1,417,849
2.125%, 05/18/2032 (A)		15,585,000		1,290,412
Kommunalbanken AS
4.250%, 07/16/2025	AUD	1,070,000		695,843
5.250%, 07/15/2024		764,000		498,717
				4,800,396
Philippines – 1.7%
Republic of the Philippines
0.875%, 05/17/2027	EUR	1,465,000		1,446,171
2.625%, 08/12/2025	PHP	88,455,000		1,502,459
3.625%, 09/09/2025		32,845,000		564,322
6.125%, 08/22/2028		61,520,000		1,091,915
6.250%, 01/14/2036		43,000,000		722,134
6.750%, 09/15/2032		49,410,000		907,454
8.000%, 09/30/2035		17,600,000		356,917
				6,591,372

Strategic Income Opportunities Trust (continued)

		Shares or Principal Amount	Value
FOREIGN GOVERNMENT OBLIGATIONS (continued)
Qatar – 0.2%
State of Qatar 4.817%, 03/14/2049 (A)	$	710,000	$	664,500
Singapore – 0.3%
Republic of Singapore
1.250%, 11/01/2026	SGD	200,000		140,726
3.375%, 09/01/2033		1,250,000		945,630
				1,086,356
South Korea – 2.0%
Republic of Korea
1.375%, 12/10/2029	KRW	2,029,580,000		1,354,463
2.125%, 06/10/2027		1,303,700,000		933,637
2.375%, 03/10/2027		4,490,430,000		3,247,987
3.125%, 09/10/2027		874,000,000		645,128
3.250%, 06/10/2033		1,308,000,000		967,397
4.250%, 12/10/2032		893,100,000		706,496
				7,855,108
United Arab Emirates – 0.1%
Government of Abu Dhabi 3.875%, 04/16/2050 (A)	$	720,000		574,625
United Kingdom – 0.6%
Government of United Kingdom
0.250%, 01/31/2025	GBP	855,000		1,040,618
0.500%, 01/31/2029		300,000		323,347
3.250%, 01/31/2033		805,000		969,048
				2,333,013
TOTAL FOREIGN GOVERNMENT OBLIGATIONS (Cost $97,812,313)			$	93,174,603
CORPORATE BONDS – 43.8%
Communication services – 3.9%
Cellnex Telecom SA 1.875%, 06/26/2029	EUR	500,000		494,339
Charter Communications Operating LLC
2.800%, 04/01/2031	$	230,000		188,456
5.125%, 07/01/2049		1,645,000		1,274,633
5.750%, 04/01/2048		790,000		665,263
LCPR Senior Secured Financing DAC 5.125%, 07/15/2029 (A)		785,000		657,417
Match Group Holdings II LLC 4.125%, 08/01/2030 (A)		705,000		627,269
News Corp. 3.875%, 05/15/2029 (A)		1,890,000		1,728,315
Sirius XM Radio, Inc. 4.125%, 07/01/2030 (A)		1,660,000		1,451,119
T-Mobile USA, Inc.
2.625%, 02/15/2029		690,000		617,485
2.875%, 02/15/2031		400,000		347,379
3.375%, 04/15/2029		470,000		434,670
3.500%, 04/15/2031		950,000		857,923
Virgin Media Finance PLC 5.000%, 07/15/2030 (A)		720,000		609,234
Virgin Media Secured Finance PLC
4.500%, 08/15/2030 (A)		670,000		577,774
5.500%, 05/15/2029 (A)		1,161,000		1,073,423
Vmed O2 UK Financing I PLC
3.250%, 01/31/2031 (A)	EUR	920,000		874,697
4.250%, 01/31/2031 (A)	$	1,685,000		1,426,819
WMG Acquisition Corp. 3.000%, 02/15/2031 (A)		1,910,000		1,623,716
				15,529,931
Consumer discretionary – 5.7%
Carnival Corp. 5.750%, 03/01/2027 (A)		1,165,000		1,153,042

 

261

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Strategic Income Opportunities Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Consumer discretionary (continued)
Duke University 3.299%, 10/01/2046	$	781,000	$	608,907
Ford Motor Company 3.250%, 02/12/2032		2,130,000		1,771,746
Ford Motor Credit Company LLC
2.748%, 06/14/2024	GBP	316,000		396,171
2.900%, 02/16/2028	$	360,000		325,460
3.625%, 06/17/2031		1,326,000		1,146,537
4.000%, 11/13/2030		255,000		227,677
4.125%, 08/17/2027		205,000		194,529
4.950%, 05/28/2027		758,000		739,589
Hilton Domestic Operating Company, Inc.
3.625%, 02/15/2032 (A)		485,000		417,586
4.875%, 01/15/2030		1,105,000		1,059,475
Hyatt Hotels Corp. 5.750%, 04/23/2030		1,104,000		1,132,037
Massachusetts Institute of Technology 2.989%, 07/01/2050		465,000		340,969
MGM Resorts International 4.750%, 10/15/2028		105,000		99,861
New Red Finance, Inc.
3.500%, 02/15/2029 (A)		1,918,000		1,751,608
3.875%, 01/15/2028 (A)		970,000		911,620
4.000%, 10/15/2030 (A)		2,424,000		2,159,788
Premier Entertainment Sub LLC
5.625%, 09/01/2029 (A)		210,000		160,320
5.875%, 09/01/2031 (A)		503,000		367,724
President and Fellows of Harvard College 2.517%, 10/15/2050		1,020,000		672,007
Royal Caribbean Cruises, Ltd. 5.500%, 04/01/2028 (A)		1,235,000		1,220,679
Travel + Leisure Company
4.500%, 12/01/2029 (A)		895,000		822,982
6.625%, 07/31/2026 (A)		372,000		374,603
Yum! Brands, Inc.
3.625%, 03/15/2031		2,320,000		2,053,030
4.625%, 01/31/2032		875,000		807,466
4.750%, 01/15/2030 (A)		1,773,000		1,681,627
				22,597,040
Consumer staples – 2.9%
Becle SAB de CV 2.500%, 10/14/2031 (A)		795,000		632,828
Bimbo Bakeries USA, Inc. 5.375%, 01/09/2036 (A)		1,375,000		1,364,169
Darling Ingredients, Inc. 6.000%, 06/15/2030 (A)		1,485,000		1,471,640
JBS USA LUX SA
3.625%, 01/15/2032		1,070,000		915,530
5.750%, 04/01/2033		735,000		724,101
Kraft Heinz Foods Company
4.375%, 06/01/2046		1,445,000		1,220,367
6.875%, 01/26/2039		735,000		830,101
7.125%, 08/01/2039 (A)		975,000		1,118,810
MARB BondCo PLC 3.950%, 01/29/2031 (A)		1,205,000		993,716
NBM US Holdings, Inc. 7.000%, 05/14/2026 (A)		205,000		205,819
Post Holdings, Inc.
4.500%, 09/15/2031 (A)		515,000		463,238
5.500%, 12/15/2029 (A)		285,000		275,410
5.625%, 01/15/2028 (A)		1,445,000		1,419,591
				11,635,320

Strategic Income Opportunities Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Energy – 7.4%
Aker BP ASA 3.750%, 01/15/2030 (A)	$	955,000	$	872,681
Cenovus Energy, Inc.
3.500%, 02/07/2028	CAD	510,000		361,064
5.250%, 06/15/2037	$	73,000		69,831
5.400%, 06/15/2047		462,000		435,140
6.750%, 11/15/2039		2,341,000		2,579,351
Cheniere Energy Partners LP 4.000%, 03/01/2031		2,067,000		1,878,715
Civitas Resources, Inc. 8.750%, 07/01/2031 (A)		1,000,000		1,070,060
Columbia Pipelines Operating Company LLC 6.036%, 11/15/2033 (A)		240,000		248,651
Continental Resources, Inc.
2.875%, 04/01/2032 (A)		1,936,000		1,577,825
5.750%, 01/15/2031 (A)		1,690,000		1,679,933
Enbridge, Inc.
3.125%, 11/15/2029		1,200,000		1,095,445
8.500%, (8.500% to 1-15-34, then 5 Year CMT + 4.431% to 1-15-54, then 5 Year CMT + 5.181%), 01/15/2084		1,110,000		1,206,054
Energy Transfer LP 8.000%, (8.000% to 5-15-29, then 5 Year CMT + 4.020%), 05/15/2054		1,010,000		1,059,360
EQT Corp.
3.625%, 05/15/2031 (A)		1,860,000		1,637,004
5.750%, 02/01/2034		445,000		443,531
Kinder Morgan, Inc. 5.300%, 12/01/2034		230,000		226,132
MC Brazil Downstream Trading SARL 7.250%, 06/30/2031 (A)		907,967		822,002
Medco Oak Tree Pte, Ltd. 7.375%, 05/14/2026 (A)		1,107,000		1,108,282
Occidental Petroleum Corp.
3.200%, 08/15/2026		154,000		145,913
6.125%, 01/01/2031		955,000		989,008
6.625%, 09/01/2030		1,340,000		1,419,998
7.500%, 05/01/2031		565,000		628,912
Ovintiv, Inc. 6.500%, 08/15/2034 to 02/01/2038		1,810,000		1,909,762
Pertamina Persero PT
3.100%, 01/21/2030 (A)		255,000		227,233
3.650%, 07/30/2029 (A)		295,000		273,714
Petrorio Luxembourg Trading Sarl 6.125%, 06/09/2026 (A)		505,000		497,267
QatarEnergy
2.250%, 07/12/2031 (A)		935,000		782,604
3.300%, 07/12/2051 (A)		575,000		405,088
Southwestern Energy Company 5.700%, 01/23/2025		17,000		16,920
The Williams Companies, Inc. 3.500%, 11/15/2030		80,000		72,707
TransCanada PipeLines, Ltd. 4.100%, 04/15/2030		1,705,000		1,610,187
Transcontinental Gas Pipe Line Company LLC 3.250%, 05/15/2030		80,000		72,397
Var Energi ASA 7.500%, 01/15/2028 (A)		680,000		719,220
Western Midstream Operating LP 4.050%, 02/01/2030		1,180,000		1,100,971
				29,242,962

 

262

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Strategic Income Opportunities Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Financials – 6.6%
American International Group, Inc. 8.175%, (8.175% to 5-15-38, then 3 month LIBOR + 4.195%), 05/15/2068	$	1,700,000	$	1,893,184
Asian Development Bank 3.000%, 10/14/2026	AUD	565,000		358,220
Bank of Montreal 7.325%, (7.325% to 11-26-27, then 5 Year Canada Government Bond Yield + 4.098%), 11/26/2082	CAD	1,595,000		1,186,391
Berkshire Hathaway Finance Corp. 2.375%, 06/19/2039	GBP	610,000		560,509
European Investment Bank 0.250%, 01/20/2032	EUR	1,380,000		1,236,095
Fidelity National Information Services, Inc. 1.000%, 12/03/2028		425,000		409,108
Inter-American Development Bank
2.700%, 01/29/2026	AUD	582,000		369,193
2.750%, 10/30/2025		500,000		318,448
4.600%, 03/01/2029	CAD	650,000		495,397
4.700%, 10/03/2030	AUD	1,055,000		697,565
International Bank for Reconstruction & Development
1.200%, 08/08/2034	EUR	1,940,000		1,793,222
1.250%, 03/16/2026	NOK	2,920,000		253,686
1.800%, 01/19/2027	CAD	625,000		433,451
1.900%, 01/16/2025		1,065,000		768,604
4.250%, 09/18/2030		505,000		380,688
5.000%, 06/22/2026	NZD	1,905,000		1,140,973
International Development Association 1.750%, 02/17/2027	NOK	2,750,000		236,857
International Finance Corp.
0.375%, 09/10/2025	NZD	1,805,000		1,007,568
4.600%, 10/19/2028	AUD	895,000		592,168
KfW 2.875%, 02/17/2027	NOK	2,280,000		203,097
MSCI, Inc.
3.250%, 08/15/2033 (A)	$	390,000		321,295
3.625%, 09/01/2030 to 11/01/2031 (A)		2,874,000		2,524,421
3.875%, 02/15/2031 (A)		765,000		682,294
Nordea Eiendomskreditt AS 5.040%, (3 month NIBOR + 0.340%), 06/19/2024 (B)	NOK	8,000,000		736,637
Nordic Investment Bank
1.875%, 04/10/2024		3,920,000		360,850
3.000%, 08/23/2027		5,180,000		462,190
4.000%, 11/04/2026		2,000,000		183,067
Popular, Inc. 7.250%, 03/13/2028	$	750,000		767,916
Royal Bank of Canada 4.200%, (4.200% to 2-24-27, then 5 Year Canada Government Bond Yield + 2.710%), 02/24/2027 (C)	CAD	615,000		367,302
The Asian Infrastructure Investment Bank 0.200%, 12/15/2025	GBP	630,000		737,270
The Bank of Nova Scotia 8.625%, (8.625% to 10-27-27, then 5 Year CMT + 4.389%), 10/27/2082	$	1,285,000		1,337,943
The Goldman Sachs Group, Inc.
0.250%, 01/26/2028	EUR	275,000		264,088
2.000%, 11/01/2028		513,000		521,507
The Toronto-Dominion Bank
2.667%, 09/09/2025	CAD	1,422,000		1,017,482

Strategic Income Opportunities Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Financials (continued)
The Toronto-Dominion Bank (continued)
8.125%, (8.125% to 10-31-27, then 5 Year CMT + 4.075%), 10/31/2082	$	1,215,000	$	1,274,356
U.S. Bancorp 3.700%, (3.700% to 1-15-27, then 5 Year CMT + 2.541%), 01/15/2027 (C)		637,000		552,477
				26,445,519
Health care – 3.1%
Allergan Funding SCS 2.625%, 11/15/2028	EUR	300,000		300,636
Centene Corp.
2.500%, 03/01/2031	$	905,000		744,383
3.000%, 10/15/2030		1,795,000		1,539,027
3.375%, 02/15/2030		1,765,000		1,561,904
4.625%, 12/15/2029		260,000		246,839
HCA, Inc.
3.500%, 09/01/2030		4,798,000		4,339,108
5.600%, 04/01/2034		1,560,000		1,570,799
Rede D'or Finance Sarl
4.500%, 01/22/2030 (A)		587,000		531,561
4.950%, 01/17/2028 (A)		310,000		296,600
Thermo Fisher Scientific, Inc. 0.500%, 03/01/2028	EUR	850,000		827,784
UnitedHealth Group, Inc. 0.550%, 05/15/2024	$	395,000		392,674
				12,351,315
Industrials – 4.6%
AECOM 5.125%, 03/15/2027		1,460,000		1,434,234
Airbus SE 1.625%, 06/09/2030	EUR	255,000		252,617
American Airlines, Inc.
5.500%, 04/20/2026 (A)	$	877,500		871,524
5.750%, 04/20/2029 (A)		790,000		776,535
DAE Funding LLC 3.375%, 03/20/2028 (A)		640,000		589,224
Delta Air Lines 2020-1 Class A Pass Through Trust 2.500%, 12/10/2029		369,222		332,170
Delta Air Lines, Inc.
2.900%, 10/28/2024		540,000		530,069
4.750%, 10/20/2028 (A)		3,217,000		3,146,409
7.375%, 01/15/2026		165,000		170,162
Indian Railway Finance Corp., Ltd. 3.249%, 02/13/2030 (A)		645,000		573,050
Johnson Controls International PLC 0.375%, 09/15/2027	EUR	240,000		233,873
Singapore Airlines, Ltd. 3.375%, 01/19/2029	$	420,000		391,463
The Boeing Company
5.150%, 05/01/2030		2,425,000		2,346,204
5.805%, 05/01/2050		850,000		804,209
TransDigm, Inc. 7.125%, 12/01/2031 (A)		1,964,000		2,024,016
Uber Technologies, Inc. 8.000%, 11/01/2026 (A)		500,000		506,017
United Rentals North America, Inc.
3.875%, 02/15/2031		1,340,000		1,200,646
4.000%, 07/15/2030		870,000		791,755
4.875%, 01/15/2028		530,000		515,772
6.000%, 12/15/2029 (A)		670,000		674,439
				18,164,388

 

263

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Strategic Income Opportunities Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Information technology – 0.4%
CDW LLC 4.250%, 04/01/2028	$	165,000	$	157,931
Dell International LLC 8.350%, 07/15/2046		541,000		699,772
Gartner, Inc. 3.750%, 10/01/2030 (A)		690,000		617,646
				1,475,349
Materials – 3.9%
Ardagh Metal Packaging Finance USA LLC 3.250%, 09/01/2028 (A)		960,000		829,269
Ball Corp.
2.875%, 08/15/2030		2,670,000		2,278,177
6.875%, 03/15/2028		1,120,000		1,149,672
Berry Global, Inc. 5.625%, 07/15/2027 (A)		590,000		582,719
Braskem Netherlands Finance BV
4.500%, 01/31/2030 (A)		570,000		490,128
5.875%, 01/31/2050 (A)		585,000		451,341
Cemex SAB de CV 3.875%, 07/11/2031 (A)		1,575,000		1,395,464
Cleveland-Cliffs, Inc.
4.875%, 03/01/2031 (A)		467,000		423,093
6.750%, 04/15/2030 (A)		1,880,000		1,885,467
Corp. Nacional del Cobre de Chile
4.875%, 11/04/2044 (A)		625,000		525,446
6.440%, 01/26/2036 (A)		602,000		619,717
Freeport-McMoRan, Inc.
4.125%, 03/01/2028		140,000		133,772
4.625%, 08/01/2030		490,000		470,628
5.400%, 11/14/2034		495,000		488,994
5.450%, 03/15/2043		2,195,000		2,101,426
Indonesia Asahan Aluminium Persero PT 4.750%, 05/15/2025 (A)		1,290,000		1,273,415
Sealed Air Corp. 5.000%, 04/15/2029 (A)		425,000		407,945
				15,506,673
Real estate – 2.3%
American Tower Corp. 0.500%, 01/15/2028	EUR	270,000		259,613
American Tower Trust I 5.490%, 03/15/2028 (A)	$	730,000		736,095
Boston Properties LP 2.750%, 10/01/2026		134,000		124,819
Host Hotels & Resorts LP
3.375%, 12/15/2029		950,000		846,084
3.500%, 09/15/2030		240,000		213,414
SBA Communications Corp.
3.125%, 02/01/2029		1,305,000		1,151,670
3.875%, 02/15/2027		2,400,000		2,282,612
SBA Tower Trust 6.599%, 01/15/2028 (A)		950,000		973,224
VICI Properties LP
4.125%, 08/15/2030 (A)		895,000		813,829
4.625%, 12/01/2029 (A)		785,000		742,394
5.125%, 05/15/2032		925,000		884,760
				9,028,514
Utilities – 3.0%
Brazos Securitization LLC
5.014%, 03/01/2034 (A)		804,324		801,097
5.413%, 09/01/2052 (A)		1,060,000		1,107,440
DPL, Inc. 4.125%, 07/01/2025		1,330,000		1,300,121

Strategic Income Opportunities Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Utilities (continued)
E.ON SE 0.625%, 11/07/2031	EUR	580,000	$	511,683
EDP Finance BV 1.875%, 09/21/2029		100,000		99,449
Emera, Inc. 6.750%, (6.750% to 6-15-26, then 3 month LIBOR + 5.440% to 6-15-46, then 3 month LIBOR + 6.190%), 06/15/2076	$	1,615,000		1,595,013
FirstEnergy Corp.
4.150%, 07/15/2027		1,170,000		1,122,136
7.375%, 11/15/2031		1,355,000		1,595,340
Greenko Dutch BV 3.850%, 03/29/2026 (A)		568,875		534,344
Greenko Solar Mauritius, Ltd. 5.550%, 01/29/2025 (A)		430,000		424,625
Greenko Wind Projects Mauritius, Ltd. 5.500%, 04/06/2025 (A)		775,000		757,563
Israel Electric Corp., Ltd. 3.750%, 02/22/2032 (A)		490,000		413,057
Perusahaan Perseroan Persero PT Perusahaan Listrik Negara 4.125%, 05/15/2027 (A)		1,440,000		1,387,266
The AES Corp. 3.950%, 07/15/2030 (A)		160,000		145,518
United Electric Securitization LLC 5.109%, 06/01/2033 (A)		159,085		157,380
				11,952,032
TOTAL CORPORATE BONDS (Cost $185,284,949)			$	173,929,043
CONVERTIBLE BONDS – 2.8%
Communication services – 0.7%
Liberty Broadband Corp. 3.125%, 03/31/2053 (A)		2,135,000		2,020,351
Liberty Media Corp. 2.375%, 09/30/2053 (A)		530,000		616,125
				2,636,476
Consumer discretionary – 0.4%
Burlington Stores, Inc. 1.250%, 12/15/2027 (A)		730,000		929,290
Marriott Vacations Worldwide Corp. 3.250%, 12/15/2027		755,000		708,190
				1,637,480
Industrials – 1.1%
Air Canada 4.000%, 07/01/2025		665,000		735,786
American Airlines Group, Inc. 6.500%, 07/01/2025		1,395,000		1,616,805
Southwest Airlines Company 1.250%, 05/01/2025		1,100,000		1,113,200
Uber Technologies, Inc. 0.875%, 12/01/2028 (A)		901,000		1,114,537
				4,580,328
Utilities – 0.6%
American Water Capital Corp. 3.625%, 06/15/2026 (A)		1,005,000		981,383
CenterPoint Energy, Inc. 4.250%, 08/15/2026 (A)		1,310,000		1,297,555
				2,278,938
TOTAL CONVERTIBLE BONDS (Cost $11,404,766)			$	11,133,222

 

264

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Strategic Income Opportunities Trust (continued)

		Shares or Principal Amount	Value
MUNICIPAL BONDS – 2.3%
Board of Regents of the University of Texas System 2.439%, 08/15/2049	$	1,210,000	$	775,014
Bowling Green City School District (Ohio) 4.125%, 10/01/2053		130,000		125,664
Chicago Park District (Illinois) 4.000%, 01/01/2038		100,000		100,171
City of Jersey Village (Texas) 4.000%, 03/15/2049 (D)		70,000		66,558
City of Norfolk (Virginia) 1.804%, 10/01/2031		410,000		337,857
City of San Antonio (Texas) 5.718%, 02/01/2041		240,000		248,862
City of Wilson (North Carolina) 4.000%, 10/01/2040		40,000		40,584
City of Wilson (North Carolina) 4.000%, 10/01/2044		45,000		44,659
Commonwealth of Massachusetts 2.900%, 09/01/2049		980,000		703,890
Dutchess County Local Development Corp. (New York) 4.000%, 07/01/2049		30,000		28,700
Louisiana Local Government Environmental Facilities & Community Development Authority 5.198%, 12/01/2039		730,000		740,266
Massachusetts Development Finance Agency 5.000%, 09/01/2059		340,000		353,417
Massachusetts Educational Financing Authority 5.950%, 07/01/2044		870,000		876,598
Massachusetts School Building Authority 2.950%, 05/15/2043		370,000		279,426
Massachusetts Water Resources Authority 3.124%, 08/01/2039		775,000		628,319
Metropolitan Washington Airports Authority Aviation Revenue 5.250%, 10/01/2053		125,000		133,872
New York State Dormitory Authority 4.000%, 03/15/2047		135,000		131,473
Rhode Island Health and Educational Building Corp. 5.000%, 05/15/2046		135,000		146,579
Rhode Island Health and Educational Building Corp. 5.000%, 05/15/2049		260,000		280,444
Scago Public Facilities Corporation for Georgetown County (South Carolina) 4.000%, 06/01/2043		15,000		14,868
South Carolina Public Service Authority 5.740%, 01/01/2030		245,000		250,310
State Board of Administration Finance Corp. (Florida) 2.154%, 07/01/2030		333,000		284,445
State of Texas 5.235%, 10/01/2043		940,000		950,484
Temple Independent School District (Texas) 4.000%, 02/01/2049 (D)		135,000		131,066
University of Nebraska Facilities Corp. 3.037%, 10/01/2049		335,000		251,654

Strategic Income Opportunities Trust (continued)

		Shares or Principal Amount	Value
MUNICIPAL BONDS (continued)
University of Virginia 2.256%, 09/01/2050	$	1,930,000	$	1,179,902
Virginia Commonwealth University Health System Authority 4.000%, 07/01/2054 (D)		180,000		171,518
TOTAL MUNICIPAL BONDS (Cost $9,353,475)			$	9,276,600
TERM LOANS (E) – 0.6%
Industrials – 0.6%
AAdvantage Loyalty IP, Ltd., 2021 Term Loan (3 month CME Term SOFR + 4.750%) 10.329%, 04/20/2028		514,250		533,462
Mileage Plus Holdings LLC, 2020 Term Loan B (3 month CME Term SOFR + 5.250%) 10.733%, 06/21/2027		703,083		723,135
United Airlines, Inc., 2024 Term Loan B (3 month CME Term SOFR + 2.750%) 8.076%, 02/15/2031		1,130,000		1,129,819
				2,386,416
TOTAL TERM LOANS (Cost $2,384,721)			$	2,386,416
COLLATERALIZED MORTGAGE OBLIGATIONS – 6.3%
Commercial and residential – 3.2%
Arroyo Mortgage Trust Series 2019-1, Class A1 3.805%, 01/25/2049 (A)(F)		221,440		210,093
BOCA Commercial Mortgage Trust Series 2022-BOCA, Class B (1 month CME Term SOFR + 2.319%) 7.644%, 05/15/2039 (A)(B)		300,000		301,028
BX Commercial Mortgage Trust
Series 2021-CIP, Class A (1 month CME Term SOFR + 1.035%), 6.360%, 12/15/2038 (A)(B)		1,140,000		1,127,888
Series 2021-VOLT, Class A (1 month CME Term SOFR + 0.814%), 6.140%, 09/15/2036 (A)(B)		735,000		729,548
Series 2024-XL5, Class A (1 month CME Term SOFR + 1.392%), 6.692%, 03/15/2041 (A)(B)		875,000		875,440
BX Trust
Series 2022-CLS, Class A, 5.760%, 10/13/2027 (A)		595,000		596,934
Series 2022-GPA, Class A (1 month CME Term SOFR + 2.165%), 7.490%, 08/15/2039 (A)(B)		788,886		790,858
Series 2022-GPA, Class B (1 month CME Term SOFR + 2.664%), 7.989%, 08/15/2041 (A)(B)		476,308		477,499
Series 2024-BIO, Class D (1 month CME Term SOFR + 3.639%), 8.964%, 02/15/2041 (A)(B)		545,000		544,489
CAMB Commercial Mortgage Trust Series 2019-LIFE, Class A (1 month CME Term SOFR + 1.367%) 6.693%, 12/15/2037 (A)(B)		364,300		364,299
Citigroup Commercial Mortgage Trust Series 2023-SMRT, Class A 5.820%, 10/12/2040 (A)(F)		470,000		478,064
COLT Mortgage Loan Trust Series 2022-5, Class A1 4.550%, 04/25/2067 (A)(F)		319,017		318,804

 

265

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Strategic Income Opportunities Trust (continued)

		Shares or Principal Amount	Value
COLLATERALIZED MORTGAGE OBLIGATIONS (continued)
Commercial and residential (continued)
Credit Suisse Mortgage Capital Certificates
Series 2019-ICE4, Class A (1 month CME Term SOFR + 1.027%), 6.353%, 05/15/2036 (A)(B)	$	1,032,431	$	1,032,434
Series 2019-NQM1, Class A1, 3.656%, 10/25/2059 (A)		57,787		56,077
GCAT Trust Series 2022-NQM4, Class A1 (5.269% to 8-1-26, then 6.269% thereafter) 5.269%, 08/25/2067 (A)		358,659		354,270
HarborView Mortgage Loan Trust
Series 2007-3, Class ES IO, 0.350%, 05/19/2037 (A)		3,043,768		51,452
Series 2007-4, Class ES IO, 0.350%, 07/19/2047		3,043,535		40,540
Series 2007-6, Class ES IO, 0.343%, 08/19/2037 (A)		3,253,542		41,865
InTown Mortgage Trust Series 2022-STAY, Class B (1 month CME Term SOFR + 3.286%) 8.611%, 08/15/2039 (A)(B)		640,000		643,591
Life Mortgage Trust
Series 2022-BMR2, Class A1 (1 month CME Term SOFR + 1.295%), 6.621%, 05/15/2039 (A)(B)		1,155,000		1,144,894
Series 2022-BMR2, Class B (1 month CME Term SOFR + 1.794%), 7.119%, 05/15/2039 (A)(B)		1,090,000		1,076,375
Morgan Stanley Mortgage Loan Trust Series 2004-9, Class 1A 5.292%, 11/25/2034 (F)		63,090		62,967
SCOTT Trust Series 2023-SFS, Class AS 6.204%, 03/15/2040 (A)		300,000		295,086
Verus Securitization Trust
Series 2022-8, Class A3 (6.127% to 10-1-26, then 7.127% thereafter), 6.127%, 09/25/2067 (A)		266,943		264,443
Series 2022-INV1, Class A1 (5.041% to 8-1-26, then 6.041% thereafter), 5.041%, 08/25/2067 (A)		733,811		722,961
Series 2024-1, Class A1 (5.712% to 1-1-28, then 6.712% thereafter), 5.712%, 01/25/2069 (A)		211,217		209,929
				12,811,828
U.S. Government Agency – 3.1%
Federal Home Loan Mortgage Corp.
Series 2022-DNA3, Class M1A (30 day Average SOFR + 2.000%), 7.320%, 04/25/2042 (A)(B)		493,790		500,175
Series 2022-DNA4, Class M1A (30 day Average SOFR + 2.200%), 7.520%, 05/25/2042 (A)(B)		588,372		598,659
Series 2022-DNA4, Class M1B (30 day Average SOFR + 3.350%), 8.670%, 05/25/2042 (A)(B)		1,165,000		1,217,012
Series 2022-DNA6, Class M1A (30 day Average SOFR + 2.150%), 7.470%, 09/25/2042 (A)(B)		562,204		569,243

Strategic Income Opportunities Trust (continued)

		Shares or Principal Amount	Value
COLLATERALIZED MORTGAGE OBLIGATIONS (continued)
U.S. Government Agency (continued)
Federal Home Loan Mortgage Corp. (continued)
Series 2022-DNA7, Class M1A (30 day Average SOFR + 2.500%), 7.820%, 03/25/2052 (A)(B)	$	785,557	$	801,114
Series 2022-HQA1, Class M1B (30 day Average SOFR + 3.500%), 8.820%, 03/25/2042 (A)(B)		365,000		380,513
Series 2022-HQA3, Class M1B (30 day Average SOFR + 3.550%), 8.870%, 08/25/2042 (A)(B)		540,000		566,453
Series 2024-HQA1, Class M2 (30 day Average SOFR + 2.000%), 7.319%, 03/25/2044 (A)(B)		1,405,000		1,405,434
Federal National Mortgage Association
Series 2021-R02, Class 2B2 (30 day Average SOFR + 6.200%), 11.520%, 11/25/2041 (A)(B)		285,000		300,199
Series 2022-R01, Class 1M1 (30 day Average SOFR + 1.000%), 6.320%, 12/25/2041 (A)(B)		171,449		171,449
Series 2022-R03, Class 1M1 (30 day Average SOFR + 2.100%), 7.420%, 03/25/2042 (A)(B)		281,118		285,150
Series 2022-R04, Class 1M1 (30 day Average SOFR + 2.000%), 7.320%, 03/25/2042 (A)(B)		153,162		154,957
Series 2022-R05, Class 2M2 (30 day Average SOFR + 3.000%), 8.320%, 04/25/2042 (A)(B)		1,420,000		1,464,263
Series 2022-R06, Class 1M1 (30 day Average SOFR + 2.750%), 8.070%, 05/25/2042 (A)(B)		290,745		298,377
Series 2022-R09, Class 2M1 (30 day Average SOFR + 2.500%), 7.821%, 09/25/2042 (A)(B)		548,415		557,440
Series 2023-R01, Class 1M1 (30 day Average SOFR + 2.400%), 7.721%, 12/25/2042 (A)(B)		435,549		447,256
Series 2023-R03, Class 2M2 (30 day Average SOFR + 3.900%), 9.220%, 04/25/2043 (A)(B)		695,000		741,455
Series 2023-R06, Class 1M2 (30 day Average SOFR + 2.700%), 8.020%, 07/25/2043 (A)(B)		450,000		465,685
Series 2024-R02, Class 1M1 (30 day Average SOFR + 1.100%), 6.420%, 02/25/2044 (A)(B)		1,349,459		1,349,877
				12,274,711
TOTAL COLLATERALIZED MORTGAGE OBLIGATIONS (Cost $24,676,145)			$	25,086,539
ASSET BACKED SECURITIES – 1.7%
DataBank Issuer Series 2023-1A, Class A2 5.116%, 02/25/2053 (A)		510,000		484,303
DB Master Finance LLC Series 2019-1A, Class A2II 4.021%, 05/20/2049 (A)		463,175		448,246
Domino's Pizza Master Issuer LLC Series 2015-1A, Class A2II 4.474%, 10/25/2045 (A)		839,388		823,160

 

266

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Strategic Income Opportunities Trust (continued)

		Shares or Principal Amount	Value
ASSET BACKED SECURITIES (continued)
FirstKey Homes Trust Series 2020-SFR2, Class A 1.266%, 10/19/2037 (A)	$	509,647	$	476,973
Home Partners of America Trust Series 2019-1, Class B 3.157%, 09/17/2039 (A)		331,601		303,865
MVW Owner Trust Series 2018-1A, Class A 3.450%, 01/21/2036 (A)		79,300		78,629
OCCU Auto Receivables Trust Series 2022-1A, Class A3 5.500%, 10/15/2027 (A)		605,000		604,142
Taco Bell Funding LLC Series 2016-1A, Class A23 4.970%, 05/25/2046 (A)		1,689,375		1,663,970
Texas Natural Gas Securitization Finance Corp. Series 2023-1, Class A2 5.169%, 04/01/2041		1,154,000		1,171,528
T-Mobile US Trust Series 2022-1A, Class A 4.910%, 05/22/2028 (A)		720,000		716,638
TOTAL ASSET BACKED SECURITIES (Cost $6,847,071)			$	6,771,454
PREFERRED SECURITIES – 0.7%
Financials – 0.1%
Affiliated Managers Group, Inc., 6.750%		18,675		476,586
First Horizon Corp., 4.700%		4,450		74,538
				551,124
Utilities – 0.6%
NextEra Energy, Inc., 6.926% (G)		57,100		2,222,903
TOTAL PREFERRED SECURITIES (Cost $3,254,544)			$	2,774,027
SHORT-TERM INVESTMENTS – 3.3%
Short-term funds – 3.3%
John Hancock Collateral Trust, 5.2975% (H)(I)		1,315,035		13,146,931
TOTAL SHORT-TERM INVESTMENTS (Cost $13,150,609)			$	13,146,931
Total Investments (Strategic Income Opportunities Trust) (Cost $415,458,516) – 99.5%			$	395,089,569
Other assets and liabilities, net – 0.5%				1,801,174
TOTAL NET ASSETS – 100.0%			$	396,890,743

Currency Abbreviations

Strategic Income Opportunities Trust (continued)

AUD	Australian Dollar
BRL	Brazilian Real
CAD	Canadian Dollar
CNY	Chinese Yuan Renminbi
EUR	Euro
GBP	Pound Sterling
IDR	Indonesian Rupiah
INR	Indian Rupee
KRW	Korean Won
MXN	Mexican Peso
MYR	Malaysian Ringgit
NOK	Norwegian Krone
NZD	New Zealand Dollar
PHP	Philippine Peso
SGD	Singapore Dollar

Security Abbreviations and Legend
CME	CME Group Published Rates
CMT	Constant Maturity Treasury
IO	Interest-Only Security - (Interest Tranche of Stripped Mortgage Pool). Rate shown is the annualized yield at the end of the period.
LIBOR	London Interbank Offered Rate
NIBOR	Norwegian Interbank Offered Rate
SOFR	Secured Overnight Financing Rate
(A)	These securities are exempt from registration under Rule 144A of the Securities Act of 1933. Such securities may be resold, normally to qualified institutional buyers, in transactions exempt from registration. Rule 144A securities amounted to $124,675,568 or 31.4% of the fund's net assets as of 3-31-24.
(B)	Variable rate obligation. The coupon rate shown represents the rate at period end.
(C)	Perpetual bonds have no stated maturity date. Date shown as maturity date is next call date.
(D)	Security purchased or sold on a when-issued or delayed delivery basis.
(E)	Term loans are variable rate obligations. The rate shown represents the rate at period end.
(F)	Variable or floating rate security, the interest rate of which adjusts periodically based on a weighted average of interest rates and prepayments on the underlying pool of assets. The interest rate shown is the current rate as of period end.
(G)	All or a portion of this security is on loan as of 3-31-24. The value of securities on loan amounted to $2,221,580.
(H)	The rate shown is the annualized seven-day yield as of 3-31-24.
(I)	Investment is an affiliate of the fund, the advisor and/or subadvisor. A portion of this security represents the investment of cash collateral received for securities lending. Market value of this investment amounted to $2,287,623.

 

DERIVATIVES

FUTURES

Open contracts	Number of contracts	Position	Expiration date	Notional basis^	Notional value^	Unrealized appreciation (depreciation)
German Euro BUND Futures	21	Long	Jun 2024	$2,995,481	$3,021,852	$26,371
10-Year U.S. Treasury Note Futures	25	Short	Jun 2024	(2,750,742)	(2,769,922)	(19,180)
Euro-BTP Italian Government Bond Futures	28	Short	Jun 2024	(3,551,322)	(3,595,030)	(43,708)
						$(36,517)

^ Notional basis refers to the contractual amount agreed upon at inception of open contracts; notional value represents the current value of the open contract.

267

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

FORWARD FOREIGN CURRENCY CONTRACTS

Contract to buy		Contract to sell		Counterparty (OTC)	Contractual settlement date	Unrealized appreciation	Unrealized depreciation
AUD	2,905	USD	1,894	UBS	4/3/2024	—	$(1)
AUD	2,077,119	USD	1,368,551	ANZ	6/20/2024	—	(12,028)
AUD	3,095,366	USD	2,022,048	CITI	6/20/2024	—	(528)
AUD	4,154,237	USD	2,740,417	JPM	6/20/2024	—	(27,371)
CAD	2,963,367	USD	2,187,318	CIBC	6/20/2024	$2,874	—
CAD	1,485,883	USD	1,093,659	MSCS	6/20/2024	4,541	—
EUR	340,750	JPY	55,711,708	CITI	6/20/2024	—	(3,717)
EUR	1,699,375	NOK	19,677,318	CITI	6/20/2024	23,292	—
EUR	5,098,125	NOK	59,288,653	JPM	6/20/2024	46,187	—
EUR	2,051,107	USD	2,240,321	CITI	6/20/2024	—	(20,499)
EUR	4,188,268	USD	4,568,689	RBC	6/20/2024	—	(35,911)
GBP	330,842	USD	422,325	CIBC	6/20/2024	—	(4,580)
GBP	1,650,000	USD	2,114,105	GSI	6/20/2024	—	(30,698)
GBP	1,666,875	USD	2,136,989	RBC	6/20/2024	—	(32,274)
GBP	1,675,558	USD	2,132,952	SSB	6/20/2024	—	(17,274)
GBP	1,650,000	USD	2,115,892	UBS	6/20/2024	—	(32,485)
JPY	55,099,101	EUR	340,750	MSCS	6/20/2024	—	(379)
JPY	247,889,516	USD	1,661,250	CIBC	6/20/2024	—	(3,829)
JPY	247,563,628	USD	1,661,250	GSI	6/20/2024	—	(6,008)
JPY	492,140,479	USD	3,322,500	MSCS	6/20/2024	—	(31,986)
MXN	11,556,723	USD	673,478	CIBC	6/20/2024	13,106	—
MXN	11,570,135	USD	673,478	RBC	6/20/2024	13,903	—
MXN	5,820,800	USD	340,000	SSB	6/20/2024	5,813	—
NOK	50,937,956	EUR	4,416,298	BARC	6/20/2024	—	(78,897)
NOK	19,636,108	EUR	1,699,375	HUS	6/20/2024	—	(27,095)
NOK	8,466,737	EUR	732,634	JPM	6/20/2024	—	(11,569)
NOK	31,274,429	EUR	2,716,923	MSCS	6/20/2024	—	(54,331)
NZD	2,087,122	USD	1,269,012	BARC	6/20/2024	—	(21,993)
NZD	1,700,000	USD	1,027,794	BNY	6/20/2024	—	(12,074)
NZD	3,106,309	USD	1,880,001	HUS	6/20/2024	—	(24,035)
NZD	2,087,122	USD	1,267,808	RBC	6/20/2024	—	(20,789)
NZD	1,700,000	USD	1,035,747	UBS	6/20/2024	—	(20,027)
SGD	4,686,664	USD	3,507,982	BARC	6/20/2024	—	(24,584)
SGD	5,952,861	USD	4,452,577	CIBC	6/20/2024	—	(28,069)
SGD	5,431,276	USD	4,068,158	GSI	6/20/2024	—	(31,322)
SGD	3,025,218	USD	2,260,088	HUS	6/20/2024	—	(11,572)
SGD	3,021,421	USD	2,260,088	JPM	6/20/2024	—	(14,394)
SGD	3,016,110	USD	2,260,088	MSCS	6/20/2024	—	(18,342)
SGD	3,015,717	USD	2,260,088	SSB	6/20/2024	—	(18,634)
USD	6,309,276	AUD	9,512,406	CIBC	6/20/2024	96,920	—
USD	3,768,012	AUD	5,745,847	CITI	6/20/2024	15,518	—
USD	2,004,637	AUD	3,078,132	UBS	6/20/2024	—	(5,628)
USD	1,119,393	BRL	5,625,510	GSI	6/20/2024	6,048	—
USD	3,633,631	CAD	4,937,105	BARC	6/20/2024	—	(15,329)
USD	5,103,692	CAD	6,866,698	CITI	6/20/2024	28,592	—
USD	47,905	CAD	65,000	HUS	6/20/2024	—	(136)
USD	16,916,051	EUR	15,409,186	SSB	6/20/2024	239,367	—
USD	2,008,930	GBP	1,595,360	CITI	6/20/2024	—	(5,485)
USD	10,816,517	GBP	8,451,423	MSCS	6/20/2024	145,149	—
USD	3,402,500	JPY	509,320,225	GSI	6/20/2024	—	(2,880)
USD	715,427	MXN	12,173,776	BARC	6/20/2024	—	(7,816)
USD	342,500	MXN	5,764,277	CIBC	6/20/2024	45	—
USD	4,241,092	MXN	72,271,596	JPM	6/20/2024	—	(52,558)
USD	2,067,988	MXN	35,002,946	MSCS	6/20/2024	—	(11,535)
USD	724,392	MXN	12,126,684	RBC	6/20/2024	3,947	—
USD	672,682	MXN	11,409,677	UBS	6/20/2024	—	(5,166)
USD	3,076,695	NOK	32,107,496	HUS	6/20/2024	113,744	—
USD	340,164	NZD	552,028	ANZ	6/20/2024	10,337	—
USD	2,096,650	NZD	3,400,000	CITI	6/20/2024	65,209	—
USD	2,050,547	NZD	3,400,000	HUS	6/20/2024	19,106	—
USD	5,059,308	NZD	8,406,750	MSCS	6/20/2024	36,421	—
USD	94,953	NZD	158,215	SSB	6/20/2024	423	—
USD	1,020,858	NZD	1,700,000	UBS	6/20/2024	5,138	—
USD	17,379,915	SGD	22,999,102	BARC	6/20/2024	285,662	—
USD	75,780	SGD	101,818	BNY	6/20/2024	103	—
USD	3,377,263	SGD	4,536,171	CIBC	6/20/2024	5,720	—
USD	8,889,358	SGD	11,884,641	CITI	6/20/2024	56,012	—

268

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Strategic Income Opportunities Trust (continued)
FORWARD FOREIGN CURRENCY CONTRACTS (continued)

Contract to buy		Contract to sell		Counterparty (OTC)	Contractual settlement date	Unrealized appreciation	Unrealized depreciation
USD	4,503,017	SGD	6,040,798	HUS	6/20/2024	$13,150	—
						$1,256,327	$(783,828)

Derivatives Currency Abbreviations
AUD	Australian Dollar
BRL	Brazilian Real
CAD	Canadian Dollar
EUR	Euro
GBP	Pound Sterling
JPY	Japanese Yen
MXN	Mexican Peso
NOK	Norwegian Krone
NZD	New Zealand Dollar
SGD	Singapore Dollar
USD	U.S. Dollar

Derivatives Abbreviations
ANZ	Australia and New Zealand Banking Group Limited
BARC	Barclays Bank PLC
BNY	The Bank of New York Mellon
CIBC	Canadian Imperial Bank of Commerce
CITI	Citibank, N.A.
GSI	Goldman Sachs International
HUS	HSBC Bank USA, N.A.
JPM	JPMorgan Chase Bank, N.A.
MSCS	Morgan Stanley Capital Services LLC
OTC	Over-the-counter
RBC	Royal Bank of Canada
SSB	State Street Bank and Trust Company
UBS	UBS AG

Total Bond Market Trust

		Shares or Principal Amount	Value
U.S. GOVERNMENT AND AGENCY OBLIGATIONS – 69.2%
U.S. Government – 42.2%
U.S. Treasury Bonds
1.250%, 05/15/2050	$	8,000,000	$	4,091,562
2.000%, 11/15/2041 to 08/15/2051		19,000,000		12,345,782
2.250%, 08/15/2049		2,000,000		1,333,672
2.750%, 08/15/2047		3,000,000		2,245,078
2.875%, 05/15/2049		1,500,000		1,140,996
3.000%, 02/15/2047 to 08/15/2052		23,635,000		18,520,930
3.375%, 08/15/2042		8,000,000		6,910,000
3.625%, 02/15/2053 to 05/15/2053		10,000,000		8,783,594
3.875%, 02/15/2043 to 05/15/2043		9,000,000		8,312,304
4.000%, 11/15/2052		6,000,000		5,641,172
4.125%, 08/15/2053		1,725,000		1,657,887
4.250%, 05/15/2039 to 02/15/2054		8,810,000		8,721,950
4.375%, 05/15/2041		1,830,000		1,826,497
4.625%, 02/15/2040		5,000,000		5,180,469
4.750%, 02/15/2041 to 11/15/2053		3,410,000		3,598,378
U.S. Treasury Notes
0.250%, 07/31/2025 to 10/31/2025		16,000,000		14,940,938
0.375%, 07/31/2027		1,800,000		1,578,867
0.500%, 10/31/2027		12,000,000		10,478,906
0.625%, 03/31/2027		6,000,000		5,367,891
0.750%, 03/31/2026		4,000,000		3,706,250
0.875%, 09/30/2026		5,000,000		4,575,977

Total Bond Market Trust (continued)

		Shares or Principal Amount	Value
U.S. GOVERNMENT AND AGENCY OBLIGATIONS (continued)
U.S. Government (continued)
U.S. Treasury Notes (continued)
1.125%, 01/15/2025	$	20,000,000	$	19,387,109
1.375%, 08/31/2026 to 11/15/2031		6,000,000		5,235,352
1.500%, 01/31/2027		30,000,000		27,665,625
1.750%, 01/31/2029		29,000,000		25,866,640
2.125%, 05/31/2026		2,000,000		1,898,906
2.250%, 11/15/2027		20,595,000		19,156,568
2.375%, 05/15/2029		5,000,000		4,574,023
2.750%, 08/15/2032		5,000,000		4,484,570
2.875%, 05/15/2028 to 05/15/2032		11,800,000		10,974,414
3.000%, 10/31/2025		2,000,000		1,945,703
3.125%, 08/31/2027		4,000,000		3,842,500
3.500%, 04/30/2030		3,000,000		2,882,813
3.625%, 05/15/2026		4,000,000		3,920,625
3.750%, 12/31/2028		9,800,000		9,590,984
3.875%, 09/30/2029		10,000,000		9,824,219
4.000%, 01/31/2029 to 10/31/2029		19,245,000		19,023,684
4.125%, 09/30/2027 to 11/15/2032		25,000,000		24,808,789
4.250%, 05/31/2025 to 10/15/2025		14,000,000		13,884,766
4.375%, 11/30/2028		8,245,000		8,288,480
4.500%, 11/15/2025 to 11/15/2033		47,615,000		48,404,661
4.625%, 02/28/2026		2,000,000		1,998,359
				398,617,890

 

269

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Total Bond Market Trust (continued)

		Shares or Principal Amount	Value
U.S. GOVERNMENT AND AGENCY OBLIGATIONS (continued)
U.S. Government Agency – 27.0%
Federal Home Loan Bank 5.500%, 07/15/2036	$	1,690,000	$	1,857,058
Federal Home Loan Mortgage Corp.
1.500%, 12/01/2036 to 03/01/2051		5,832,287		4,592,512
2.000%, 07/01/2035 to 05/01/2051		5,785,782		4,659,751
2.500%, 04/01/2031 to 04/01/2052		11,220,456		9,402,957
3.000%, 07/01/2032 to 03/01/2052		9,962,862		8,783,997
3.500%, 12/01/2025 to 07/01/2052		7,735,933		7,018,648
4.000%, 09/01/2040 to 09/01/2047		985,346		933,284
4.500%, 05/01/2024 to 07/01/2052		5,845,954		5,635,241
5.000%, 04/01/2024 to 07/01/2053		2,665,759		2,612,408
5.500%, 04/01/2027 to 07/01/2053		4,439,405		4,432,519
6.000%, 10/01/2036 to 02/01/2054		6,058,377		6,156,977
6.092%, (1 Year Refinitiv USD IBOR Consumer Cash Fallback Rate + 1.842%), 08/01/2037 (A)		240,257		245,550
6.250%, 07/15/2032		450,000		511,488
6.500%, 08/01/2037 to 09/01/2053		1,947,748		2,011,511
6.750%, 09/15/2029		1,200,000		1,338,426
7.000%, 04/01/2029 to 04/01/2032		6,806		7,051
7.500%, 09/01/2030 to 03/01/2032		3,665		3,871
8.000%, 02/01/2030		276		282
Federal National Mortgage Association
0.500%, 06/17/2025		3,000,000		2,845,051
1.500%, 11/01/2036 to 02/01/2051		6,196,262		5,178,369
2.000%, 02/01/2035 to 02/01/2052		58,671,594		47,884,320
2.125%, 04/24/2026		2,000,000		1,901,019
2.500%, 05/01/2028 to 02/01/2052		33,735,247		28,643,623
2.625%, 09/06/2024		1,000,000		988,670
3.000%, 01/01/2027 to 03/01/2052		15,761,755		14,019,010
3.500%, 12/01/2025 to 02/01/2052		9,878,789		9,037,957
4.000%, 02/01/2031 to 04/01/2053		13,700,165		12,856,342
4.500%, 08/01/2024 to 09/01/2052		3,264,366		3,142,196
5.000%, 12/01/2034 to 04/01/2053		5,430,204		5,336,947
5.495%, (1 Year CMT + 2.185%), 05/01/2036 (A)		36,802		37,435
5.500%, 01/01/2034 to 01/01/2054		3,106,125		3,108,944
5.561%, (1 Year Refinitiv USD IBOR Consumer Cash Fallback Rate + 1.583%), 09/01/2037 (A)		35,981		36,733
5.571%, (6 month Refinitiv USD IBOR Consumer Cash Fallback Rate + 1.411%), 07/01/2034 (A)		34,655		34,866
5.710%, (1 Year Refinitiv USD IBOR Consumer Cash Fallback Rate + 1.335%), 01/01/2035 (A)		10,350		10,423
5.730%, (1 Year Refinitiv USD IBOR Consumer Cash Fallback Rate + 1.843%), 04/01/2037 (A)		57,071		58,676
6.000%, 07/01/2027 to 08/01/2038		154,737		160,088
6.175%, (1 Year Refinitiv USD IBOR Consumer Cash Fallback Rate + 1.925%), 10/01/2037 (A)		6,725		6,909
6.500%, 07/01/2031 to 04/01/2053		1,013,477		1,045,492
7.000%, 02/01/2031 to 10/01/2038		25,996		27,331
7.125%, 01/15/2030		209,000		238,950
7.250%, 05/15/2030		1,450,000		1,677,676
7.500%, 09/01/2030 to 08/01/2031		11,330		11,865
8.000%, 08/01/2030 to 09/01/2031		1,824		1,880
8.500%, 09/01/2030		171		180
Government National Mortgage Association
2.000%, 02/20/2051		10,859,715		8,900,830
2.500%, 08/20/2050 to 11/20/2051		12,852,992		10,968,048

Total Bond Market Trust (continued)

		Shares or Principal Amount	Value
U.S. GOVERNMENT AND AGENCY OBLIGATIONS (continued)
U.S. Government Agency (continued)
Government National Mortgage Association (continued)
3.000%, 08/15/2043 to 07/20/2051	$	10,324,346	$	9,185,579
3.500%, 04/15/2042 to 01/20/2052		8,512,702		7,824,781
4.000%, 11/15/2026 to 02/20/2053		4,392,118		4,154,094
4.500%, 08/15/2033 to 03/20/2053		4,986,600		4,805,325
5.000%, 08/15/2033 to 05/20/2053		3,879,819		3,821,556
5.500%, 11/15/2032 to 08/20/2053		3,197,650		3,199,474
6.000%, 07/15/2029 to 02/20/2054		2,504,355		2,530,080
6.500%, 05/15/2028 to 11/20/2052		1,300,007		1,323,525
7.000%, 08/15/2029 to 05/15/2032		13,015		13,283
7.500%, 09/15/2030 to 01/15/2031		3,962		4,097
				255,225,155
TOTAL U.S. GOVERNMENT AND AGENCY OBLIGATIONS (Cost $717,214,383)			$	653,843,045
FOREIGN GOVERNMENT OBLIGATIONS – 0.8%
Brazil – 0.2%
Federative Republic of Brazil 4.250%, 01/07/2025		1,612,000		1,593,327
Canada – 0.1%
Province of British Columbia 6.500%, 01/15/2026		490,000		501,923
Italy – 0.1%
Republic of Italy 5.375%, 06/15/2033		1,000,000		985,377
Japan – 0.1%
Japan Bank for International Cooperation 2.500%, 05/23/2024		800,000		796,519
Mexico – 0.3%
Government of Mexico
3.750%, 01/11/2028		2,000,000		1,898,883
6.050%, 01/11/2040		930,000		917,929
				2,816,812
Panama – 0.0%
Republic of Panama 6.700%, 01/26/2036		370,000		358,681
Peru – 0.0%
Republic of Peru 6.550%, 03/14/2037		250,000		271,250
Turkey – 0.0%
Republic of Turkey 6.000%, 01/14/2041		400,000		328,552
TOTAL FOREIGN GOVERNMENT OBLIGATIONS (Cost $8,132,196)			$	7,652,441
CORPORATE BONDS – 25.7%
Communication services – 2.2%
Alphabet, Inc.
1.100%, 08/15/2030		300,000		245,661
2.050%, 08/15/2050		400,000		239,329
AT&T, Inc.
2.550%, 12/01/2033		665,000		532,648
3.800%, 12/01/2057		609,000		440,929
4.750%, 05/15/2046		900,000		805,994
4.850%, 07/15/2045		500,000		451,696
5.150%, 03/15/2042		50,000		47,517
5.400%, 02/15/2034		1,000,000		1,013,118
6.375%, 03/01/2041		360,000		384,344
7.625%, 04/15/2031		285,000		317,835
Baidu, Inc. 4.125%, 06/30/2025		250,000		245,540

 

270

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Total Bond Market Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Communication services (continued)
British Telecommunications PLC 9.625%, 12/15/2030	$	190,000	$	233,060
Charter Communications Operating LLC
2.800%, 04/01/2031		600,000		491,623
5.050%, 03/30/2029		400,000		385,689
5.375%, 05/01/2047		500,000		402,883
Comcast Corp.
2.350%, 01/15/2027		455,000		425,613
2.887%, 11/01/2051		256,000		166,176
3.450%, 02/01/2050		500,000		365,637
3.999%, 11/01/2049		500,000		404,813
4.049%, 11/01/2052		1,000,000		804,548
4.600%, 10/15/2038		400,000		373,261
6.500%, 11/15/2035		52,000		57,671
Deutsche Telekom International Finance BV 8.750%, 06/15/2030		146,000		172,588
Discovery Communications LLC
4.125%, 05/15/2029		900,000		843,647
5.300%, 05/15/2049		400,000		336,041
Fox Corp. 3.500%, 04/08/2030		600,000		548,800
Grupo Televisa SAB 6.625%, 01/15/2040		220,000		224,322
Meta Platforms, Inc. 4.950%, 05/15/2033		700,000		708,534
Paramount Global 4.950%, 05/19/2050		470,000		334,117
Rogers Communications, Inc. 4.500%, 03/15/2042		700,000		607,958
TCI Communications, Inc. 7.125%, 02/15/2028		110,000		118,302
Telefonica Emisiones SA 7.045%, 06/20/2036		230,000		257,493
Telefonica Europe BV 8.250%, 09/15/2030		350,000		399,977
The Walt Disney Company 2.650%, 01/13/2031		400,000		352,148
Time Warner Cable Enterprises LLC 8.375%, 07/15/2033		525,000		585,946
T-Mobile USA, Inc.
3.000%, 02/15/2041		400,000		294,619
3.875%, 04/15/2030		600,000		562,069
4.500%, 04/15/2050		700,000		606,759
5.750%, 01/15/2054		700,000		724,865
TWDC Enterprises 18 Corp.
3.150%, 09/17/2025		500,000		486,255
4.125%, 06/01/2044		500,000		434,812
Verizon Communications, Inc.
1.680%, 10/30/2030		400,000		325,890
2.875%, 11/20/2050		500,000		326,582
4.016%, 12/03/2029		500,000		477,059
4.522%, 09/15/2048		1,260,000		1,118,881
Vodafone Group PLC
4.375%, 05/30/2028		400,000		394,174
5.250%, 05/30/2048		300,000		286,485
				20,363,908
Consumer discretionary – 1.7%
Amazon.com, Inc.
2.100%, 05/12/2031		400,000		339,218
2.500%, 06/03/2050		800,000		510,584
4.050%, 08/22/2047		600,000		522,795
4.700%, 12/01/2032		700,000		702,683
American Honda Finance Corp. 1.800%, 01/13/2031		600,000		496,593

Total Bond Market Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Consumer discretionary (continued)
AutoZone, Inc. 3.250%, 04/15/2025	$	1,000,000	$	977,180
Booking Holdings, Inc. 3.550%, 03/15/2028		300,000		286,143
Choice Hotels International, Inc. 3.700%, 01/15/2031		200,000		175,240
D.R. Horton, Inc. 1.400%, 10/15/2027		200,000		177,381
Expedia Group, Inc. 3.250%, 02/15/2030		300,000		270,053
Ford Motor Credit Company LLC 6.798%, 11/07/2028		1,420,000		1,482,160
General Motors Company 5.400%, 04/01/2048		300,000		275,117
General Motors Financial Company, Inc.
2.400%, 10/15/2028		300,000		265,503
3.100%, 01/12/2032		350,000		296,450
3.600%, 06/21/2030		420,000		379,136
5.250%, 03/01/2026		650,000		647,936
Lennar Corp. 4.750%, 11/29/2027		300,000		296,204
Lowe's Companies, Inc.
3.375%, 09/15/2025		460,000		448,161
3.750%, 04/01/2032		700,000		642,989
McDonald's Corp. 3.300%, 07/01/2025		1,000,000		977,641
NIKE, Inc. 2.400%, 03/27/2025		1,000,000		973,245
Starbucks Corp. 3.550%, 08/15/2029		300,000		283,260
The Home Depot, Inc.
2.700%, 04/15/2030		700,000		623,517
3.350%, 09/15/2025		752,000		735,142
4.250%, 04/01/2046		390,000		337,845
5.875%, 12/16/2036		280,000		300,704
The TJX Companies, Inc.
3.875%, 04/15/2030		600,000		571,601
4.500%, 04/15/2050		600,000		555,255
Toll Brothers Finance Corp. 3.800%, 11/01/2029		200,000		186,480
Toyota Motor Credit Corp.
1.150%, 08/13/2027		500,000		444,055
1.900%, 09/12/2031		700,000		574,091
3.050%, 01/11/2028		300,000		283,264
Whirlpool Corp. 5.150%, 03/01/2043		300,000		267,119
				16,304,745
Consumer staples – 1.5%
Altria Group, Inc.
3.400%, 02/04/2041		400,000		293,436
4.500%, 05/02/2043		500,000		421,285
Anheuser-Busch Companies LLC
3.650%, 02/01/2026		800,000		781,750
4.900%, 02/01/2046		500,000		475,155
Anheuser-Busch InBev Worldwide, Inc.
4.500%, 06/01/2050		400,000		365,591
4.750%, 01/23/2029		500,000		499,854
BAT Capital Corp.
2.726%, 03/25/2031		600,000		504,483
3.215%, 09/06/2026		500,000		475,706
Constellation Brands, Inc. 4.500%, 05/09/2047		350,000		299,044
Costco Wholesale Corp. 1.600%, 04/20/2030		500,000		420,942

 

271

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Total Bond Market Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Consumer staples (continued)
Diageo Capital PLC 2.000%, 04/29/2030	$	300,000	$	255,282
General Mills, Inc. 2.875%, 04/15/2030		600,000		534,128
Kellanova 3.250%, 04/01/2026		400,000		385,769
Kenvue, Inc. 4.900%, 03/22/2033		500,000		499,578
Keurig Dr. Pepper, Inc. 4.597%, 05/25/2028		500,000		493,355
Kimberly-Clark Corp. 3.200%, 07/30/2046		300,000		221,593
Kraft Heinz Foods Company
3.000%, 06/01/2026		458,000		438,386
6.875%, 01/26/2039		40,000		45,176
Mondelez International, Inc. 4.625%, 05/07/2048		300,000		257,008
PepsiCo, Inc.
2.850%, 02/24/2026		495,000		477,887
4.000%, 03/05/2042		270,000		244,047
5.500%, 01/15/2040		280,000		296,511
Philip Morris International, Inc. 6.375%, 05/16/2038		300,000		328,358
SC Johnson & Son, Inc. 4.000%, 05/15/2043 (B)		250,000		201,934
Sysco Corp. 6.600%, 04/01/2050		1,000,000		1,140,766
Target Corp. 3.900%, 11/15/2047		500,000		407,478
The Coca-Cola Company
2.125%, 09/06/2029		400,000		354,735
2.500%, 06/01/2040		400,000		290,627
The Estee Lauder Companies, Inc. 2.600%, 04/15/2030		600,000		527,712
The Kroger Company 3.500%, 02/01/2026		500,000		485,553
The Procter & Gamble Company 3.600%, 03/25/2050		600,000		495,100
Tyson Foods, Inc. 4.350%, 03/01/2029		400,000		386,818
Walmart, Inc.
3.250%, 07/08/2029		600,000		568,546
4.050%, 06/29/2048		500,000		434,428
				14,308,021
Energy – 1.7%
Anadarko Petroleum Corp. 6.450%, 09/15/2036		280,000		288,329
Baker Hughes Holdings LLC
3.337%, 12/15/2027		500,000		472,951
4.486%, 05/01/2030		500,000		488,055
Boardwalk Pipelines LP 4.950%, 12/15/2024		400,000		397,689
BP Capital Markets America, Inc. 3.796%, 09/21/2025		800,000		786,280
Canadian Natural Resources, Ltd. 6.250%, 03/15/2038		290,000		301,798
Cenovus Energy, Inc. 4.250%, 04/15/2027		300,000		291,949
Chevron Corp. 2.954%, 05/16/2026		800,000		770,240
Devon Energy Corp.
5.000%, 06/15/2045		885,000		785,246
7.875%, 09/30/2031		170,000		194,985
Enbridge, Inc.
3.700%, 07/15/2027		400,000		384,489

Total Bond Market Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Energy (continued)
Enbridge, Inc. (continued)
4.500%, 06/10/2044	$	400,000	$	344,344
5.700%, 03/08/2033		700,000		716,908
Energy Transfer LP
5.500%, 06/01/2027		600,000		603,714
6.125%, 12/15/2045		350,000		351,801
6.500%, 02/01/2042		50,000		53,027
Enterprise Products Operating LLC
3.200%, 02/15/2052		700,000		490,363
4.850%, 08/15/2042		280,000		262,767
6.875%, 03/01/2033		130,000		146,170
Exxon Mobil Corp.
2.995%, 08/16/2039		400,000		312,949
3.482%, 03/19/2030		700,000		659,789
Kinder Morgan Energy Partners LP
4.300%, 05/01/2024		700,000		699,113
6.375%, 03/01/2041		60,000		62,160
6.500%, 09/01/2039		180,000		187,480
Kinder Morgan, Inc. 5.550%, 06/01/2045		375,000		357,820
MPLX LP 4.800%, 02/15/2029		400,000		395,126
ONEOK Partners LP 6.650%, 10/01/2036		268,000		287,800
Ovintiv, Inc. 6.500%, 08/15/2034		270,000		286,413
Petroleos Mexicanos
6.625%, 06/15/2035		230,000		174,484
6.700%, 02/16/2032 (C)		173,000		143,874
Phillips 66 Company 3.750%, 03/01/2028		200,000		191,204
Plains All American Pipeline LP 4.900%, 02/15/2045		500,000		435,075
Shell International Finance BV
4.375%, 05/11/2045		1,000,000		894,186
6.375%, 12/15/2038		90,000		101,832
Suncor Energy, Inc. 5.950%, 05/15/2035		235,000		233,521
Targa Resources Partners LP 4.000%, 01/15/2032		500,000		450,042
The Williams Companies, Inc.
3.500%, 11/15/2030		400,000		363,533
5.100%, 09/15/2045		400,000		370,079
Tosco Corp. 8.125%, 02/15/2030		383,000		442,686
TransCanada PipeLines, Ltd. 5.850%, 03/15/2036		405,000		416,435
Valero Energy Corp.
2.850%, 04/15/2025		600,000		582,757
7.500%, 04/15/2032		270,000		309,956
				16,489,419
Financials – 8.0%
American Express Company 4.420%, (4.420% to 8-3-32, then Overnight SOFR + 1.760%), 08/03/2033		1,000,000		952,975
American International Group, Inc. 6.250%, 05/01/2036		430,000		451,488
Ameriprise Financial, Inc. 5.150%, 05/15/2033		700,000		707,279
Arch Capital Finance LLC 4.011%, 12/15/2026		400,000		387,673
Ares Capital Corp. 3.875%, 01/15/2026		1,000,000		967,237

 

272

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Total Bond Market Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Financials (continued)
Banco Santander SA 1.722%, (1.722% to 9-14-26, then 1 Year CMT + 0.900%), 09/14/2027	$	700,000	$	638,474
Bank of America Corp.
3.366%, (3.366% to 1-23-25, then 3 month CME Term SOFR + 1.072%), 01/23/2026		1,200,000		1,177,987
3.419%, (3.419% to 12-20-27, then 3 month CME Term SOFR + 1.302%), 12/20/2028		1,312,000		1,230,840
3.970%, (3.970% to 3-5-28, then 3 month CME Term SOFR + 1.332%), 03/05/2029		500,000		477,944
3.974%, (3.974% to 2-7-29, then 3 month CME Term SOFR + 1.472%), 02/07/2030		2,000,000		1,895,286
4.443%, (4.443% to 1-20-47, then 3 month CME Term SOFR + 2.252%), 01/20/2048		500,000		438,812
4.450%, 03/03/2026		700,000		689,500
5.468%, (5.468% to 1-23-34, then Overnight SOFR + 1.650%), 01/23/2035		560,000		563,650
7.750%, 05/14/2038		480,000		582,344
Barclays PLC
4.375%, 01/12/2026		500,000		490,539
7.437%, (7.437% to 11-2-32, then 1 Year CMT + 3.500%), 11/02/2033		700,000		777,530
Berkshire Hathaway Finance Corp. 4.400%, 05/15/2042		600,000		562,107
Berkshire Hathaway, Inc. 3.125%, 03/15/2026		500,000		484,104
Capital One Financial Corp.
3.200%, 02/05/2025		2,000,000		1,958,044
5.268%, (5.268% to 5-10-32, then Overnight SOFR + 2.370%), 05/10/2033		480,000		471,335
Chubb INA Holdings, Inc. 3.350%, 05/03/2026		300,000		289,795
Citigroup, Inc.
1.462%, (1.462% to 6-9-26, then Overnight SOFR + 0.770%), 06/09/2027		600,000		551,118
2.666%, (2.666% to 1-29-30, then Overnight SOFR + 1.146%), 01/29/2031		1,000,000		866,668
3.300%, 04/27/2025		600,000		587,017
4.281%, (4.281% to 4-24-47, then 3 month CME Term SOFR + 2.101%), 04/24/2048		500,000		428,012
4.450%, 09/29/2027		500,000		486,398
4.658%, (4.658% to 5-24-27, then Overnight SOFR + 1.887%), 05/24/2028		1,000,000		984,866
5.500%, 09/13/2025		400,000		399,817
Deutsche Bank AG 2.129%, (2.129% to 11-24-25, then Overnight SOFR + 1.870%), 11/24/2026		600,000		565,807
European Investment Bank
2.500%, 10/15/2024		1,500,000		1,477,678
4.875%, 02/15/2036		1,000,000		1,044,627
Fifth Third Bank NA 2.250%, 02/01/2027		500,000		462,395

Total Bond Market Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Financials (continued)
Fiserv, Inc. 2.250%, 06/01/2027	$	600,000	$	551,173
Five Corners Funding Trust II 2.850%, 05/15/2030 (B)		800,000		701,184
GE Capital International Funding Company 4.418%, 11/15/2035		822,000		772,345
Global Payments, Inc. 4.450%, 06/01/2028		400,000		386,731
HSBC Holdings PLC
2.848%, (2.848% to 6-4-30, then Overnight SOFR + 2.387%), 06/04/2031		1,000,000		862,542
4.583%, (4.583% to 6-19-28, then 3 month CME Term SOFR + 1.796%), 06/19/2029		1,000,000		970,414
6.500%, 09/15/2037		660,000		702,843
Inter-American Development Bank
1.125%, 01/13/2031		2,000,000		1,625,180
2.000%, 07/23/2026		1,000,000		942,642
7.000%, 06/15/2025		325,000		331,089
Intercontinental Exchange, Inc.
3.100%, 09/15/2027		400,000		376,268
4.600%, 03/15/2033		500,000		483,790
International Bank for Reconstruction & Development
0.750%, 11/24/2027		1,000,000		875,921
0.875%, 07/15/2026		1,000,000		919,566
JPMorgan Chase & Co.
2.522%, (2.522% to 4-22-30, then Overnight SOFR + 2.040%), 04/22/2031		1,000,000		864,281
3.109%, (3.109% to 4-22-50, then Overnight SOFR + 2.440%), 04/22/2051		1,860,000		1,292,316
3.300%, 04/01/2026		700,000		677,826
3.509%, (3.509% to 1-23-28, then 3 month CME Term SOFR + 1.207%), 01/23/2029		500,000		472,966
3.540%, (3.540% to 5-1-27, then 3 month CME Term SOFR + 1.642%), 05/01/2028		700,000		668,719
4.452%, (4.452% to 12-5-28, then 3 month CME Term SOFR + 1.592%), 12/05/2029		600,000		584,915
4.851%, (4.851% to 7-25-27, then Overnight SOFR + 1.990%), 07/25/2028		1,000,000		991,567
6.400%, 05/15/2038		125,000		140,606
KeyBank NA 5.000%, 01/26/2033		500,000		463,470
Liberty Mutual Group, Inc. 3.950%, 05/15/2060 (B)		500,000		362,687
Lincoln National Corp.
3.625%, 12/12/2026 (C)		500,000		477,985
7.000%, 06/15/2040		150,000		165,672
Lloyds Banking Group PLC 2.438%, (2.438% to 2-5-25, then 1 Year CMT + 1.000%), 02/05/2026		900,000		874,965
Mastercard, Inc.
2.000%, 11/18/2031		350,000		289,276
2.950%, 11/21/2026		300,000		286,428
MetLife, Inc. 4.600%, 05/13/2046		500,000		452,097

 

273

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Total Bond Market Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Financials (continued)
Mitsubishi UFJ Financial Group, Inc. 1.538%, (1.538% to 7-20-26, then 1 Year CMT + 0.750%), 07/20/2027	$	1,600,000	$	1,473,642
Mizuho Financial Group, Inc. 1.234%, (1.234% to 5-22-26, then 1 Year CMT + 0.670%), 05/22/2027		800,000		734,178
Morgan Stanley
1.512%, (1.512% to 7-20-26, then Overnight SOFR + 0.858%), 07/20/2027		500,000		458,901
3.622%, (3.622% to 4-1-30, then Overnight SOFR + 3.120%), 04/01/2031		1,000,000		917,124
3.772%, (3.772% to 1-24-28, then 3 month CME Term SOFR + 1.402%), 01/24/2029		550,000		523,531
4.375%, 01/22/2047		1,050,000		920,633
5.164%, (5.164% to 4-20-28, then Overnight SOFR + 1.590%), 04/20/2029		1,000,000		999,193
6.296%, (6.296% to 10-18-27, then Overnight SOFR + 2.240%), 10/18/2028		1,000,000		1,034,505
Nasdaq, Inc. 1.650%, 01/15/2031		500,000		402,534
National Rural Utilities Cooperative Finance Corp. 4.023%, 11/01/2032		700,000		645,712
Nomura Holdings, Inc. 3.103%, 01/16/2030		1,000,000		887,916
PayPal Holdings, Inc.
2.300%, 06/01/2030		600,000		517,519
2.850%, 10/01/2029		500,000		452,152
Raymond James Financial, Inc. 4.950%, 07/15/2046		600,000		551,941
Royal Bank of Canada 2.300%, 11/03/2031		800,000		664,813
S&P Global, Inc. 2.900%, 03/01/2032		600,000		522,887
State Street Corp. 5.159%, (5.159% to 5-18-33, then Overnight SOFR + 1.890%), 05/18/2034		700,000		696,949
Stifel Financial Corp. 4.250%, 07/18/2024		500,000		497,248
Sumitomo Mitsui Financial Group, Inc.
3.364%, 07/12/2027		900,000		855,045
3.784%, 03/09/2026		550,000		535,935
The Allstate Corp. 3.280%, 12/15/2026		500,000		476,520
The Bank of New York Mellon Corp. 3.250%, 05/16/2027		800,000		763,038
The Bank of Nova Scotia 4.850%, 02/01/2030		700,000		694,881
The Charles Schwab Corp. 3.200%, 01/25/2028		300,000		281,661
The Goldman Sachs Group, Inc.
2.600%, 02/07/2030		700,000		612,722
3.102%, (3.102% to 2-24-32, then Overnight SOFR + 1.410%), 02/24/2033		1,000,000		855,246
3.210%, (3.210% to 4-22-41, then Overnight SOFR + 1.513%), 04/22/2042		1,000,000		751,945
3.750%, 02/25/2026		500,000		488,151

Total Bond Market Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Financials (continued)
The Goldman Sachs Group, Inc. (continued)
4.482%, (4.482% to 8-23-27, then Overnight SOFR + 1.725%), 08/23/2028	$	1,000,000	$	977,635
The Hartford Financial Services Group, Inc. 5.950%, 10/15/2036		170,000		178,497
The PNC Financial Services Group, Inc.
3.450%, 04/23/2029		1,000,000		932,564
4.758%, (4.758% to 1-26-26, then SOFR Compounded Index + 1.085%), 01/26/2027		500,000		495,323
The Toronto-Dominion Bank 2.000%, 09/10/2031		800,000		653,985
The Travelers Companies, Inc. 4.050%, 03/07/2048		300,000		253,494
Travelers Property Casualty Corp. 7.750%, 04/15/2026		50,000		52,448
Truist Financial Corp.
1.125%, 08/03/2027		700,000		614,536
2.850%, 10/26/2024		700,000		689,447
U.S. Bancorp 2.375%, 07/22/2026		1,000,000		942,176
UBS Group AG 4.550%, 04/17/2026		800,000		787,168
Visa, Inc.
2.050%, 04/15/2030		600,000		517,466
3.150%, 12/14/2025		463,000		450,246
4.300%, 12/14/2045		463,000		417,562
Wells Fargo & Company
2.572%, (2.572% to 2-11-30, then 3 month CME Term SOFR + 1.262%), 02/11/2031		2,000,000		1,724,029
3.000%, 10/23/2026		1,000,000		946,637
3.068%, (3.068% to 4-30-40, then Overnight SOFR + 2.530%), 04/30/2041		1,250,000		935,267
3.350%, (3.350% to 3-2-32, then Overnight SOFR + 1.500%), 03/02/2033		1,000,000		867,628
Westpac Banking Corp. 1.150%, 06/03/2026		800,000		737,596
				76,007,036
Health care – 2.9%
Abbott Laboratories
2.950%, 03/15/2025		300,000		293,800
3.750%, 11/30/2026		283,000		276,562
AbbVie, Inc.
3.200%, 05/14/2026 to 11/21/2029		1,716,000		1,612,567
4.400%, 11/06/2042		260,000		235,989
Aetna, Inc. 3.500%, 11/15/2024		200,000		197,326
Allergan Funding SCS 4.750%, 03/15/2045		321,000		235,413
Amgen, Inc.
4.400%, 05/01/2045		260,000		225,887
4.663%, 06/15/2051		659,000		583,679
5.250%, 03/02/2033		1,000,000		1,008,412
AstraZeneca PLC 0.700%, 04/08/2026		500,000		459,869
Baxalta, Inc. 4.000%, 06/23/2025		500,000		491,828
Baxter International, Inc. 3.950%, 04/01/2030		500,000		468,005

 

274

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Total Bond Market Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Health care (continued)
Bayer US Finance II LLC 2.850%, 04/15/2025 (B)	$	300,000	$	290,369
Becton, Dickinson and Company 4.685%, 12/15/2044		400,000		362,210
Biogen, Inc. 3.250%, 02/15/2051		561,000		387,990
Boston Scientific Corp. 2.650%, 06/01/2030		500,000		440,374
Bristol-Myers Squibb Company
3.250%, 08/01/2042		500,000		382,080
4.550%, 02/20/2048		300,000		268,362
Cardinal Health, Inc. 3.750%, 09/15/2025		500,000		488,436
Centene Corp. 4.250%, 12/15/2027		700,000		667,436
CVS Health Corp.
3.875%, 07/20/2025		650,000		637,772
4.300%, 03/25/2028		389,000		379,616
5.050%, 03/25/2048		500,000		454,089
5.875%, 06/01/2053		366,000		372,335
CVS Pass-Through Trust 8.353%, 07/10/2031 (B)		53,507		57,594
DH Europe Finance II Sarl 3.250%, 11/15/2039		300,000		242,308
Dignity Health 4.500%, 11/01/2042		300,000		259,847
Elevance Health, Inc.
4.101%, 03/01/2028		350,000		340,324
4.650%, 08/15/2044		150,000		135,156
6.100%, 10/15/2052		333,000		360,743
Eli Lilly & Company 2.250%, 05/15/2050		500,000		305,776
Evernorth Health, Inc. 6.125%, 11/15/2041		330,000		330,274
Gilead Sciences, Inc. 3.650%, 03/01/2026		600,000		584,578
GlaxoSmithKline Capital, Inc.
3.625%, 05/15/2025		500,000		492,068
6.375%, 05/15/2038		210,000		237,452
HCA, Inc.
4.500%, 02/15/2027		500,000		490,232
5.500%, 06/15/2047		400,000		380,251
Humana, Inc. 3.850%, 10/01/2024		350,000		346,639
Johnson & Johnson
2.100%, 09/01/2040		500,000		343,745
5.850%, 07/15/2038		285,000		314,358
Laboratory Corp. of America Holdings 2.950%, 12/01/2029		500,000		448,512
Medtronic, Inc. 4.375%, 03/15/2035		500,000		478,108
Merck & Company, Inc. 2.750%, 02/10/2025		850,000		832,362
Novartis Capital Corp. 3.000%, 11/20/2025		500,000		485,633
Pfizer Investment Enterprises Pte, Ltd. 5.300%, 05/19/2053		1,000,000		994,234
Pfizer, Inc.
2.750%, 06/03/2026		713,000		683,750
4.400%, 05/15/2044		264,000		241,931
Quest Diagnostics, Inc.
4.200%, 06/30/2029		500,000		484,948
4.700%, 03/30/2045		500,000		452,906
Regeneron Pharmaceuticals, Inc. 2.800%, 09/15/2050		1,000,000		629,767

Total Bond Market Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Health care (continued)
Stryker Corp. 4.625%, 03/15/2046	$	350,000	$	319,957
The Cigna Group 4.375%, 10/15/2028		500,000		487,748
Thermo Fisher Scientific, Inc. 2.000%, 10/15/2031		400,000		329,537
UnitedHealth Group, Inc.
2.300%, 05/15/2031		500,000		423,575
2.900%, 05/15/2050		400,000		269,983
4.375%, 03/15/2042		50,000		45,376
4.450%, 12/15/2048		300,000		267,015
5.350%, 02/15/2033		700,000		720,147
5.800%, 03/15/2036		300,000		321,612
Utah Acquisition Sub, Inc. 3.950%, 06/15/2026		500,000		483,067
Viatris, Inc. 2.700%, 06/22/2030		500,000		423,914
Zimmer Biomet Holdings, Inc. 3.050%, 01/15/2026		500,000		480,481
Zoetis, Inc. 2.000%, 05/15/2030		500,000		421,311
				27,167,625
Industrials – 2.2%
3M Company 3.000%, 08/07/2025		330,000		320,556
AerCap Ireland Capital DAC
3.300%, 01/30/2032		500,000		428,828
4.450%, 04/03/2026		400,000		393,364
5.750%, 06/06/2028		1,000,000		1,013,348
Air Lease Corp.
3.125%, 12/01/2030		600,000		526,635
3.625%, 12/01/2027		400,000		377,333
American Airlines 2016-2 Class AA Pass Through Trust 3.200%, 12/15/2029		202,350		185,813
Automatic Data Processing, Inc. 3.375%, 09/15/2025		752,000		735,596
Burlington Northern Santa Fe LLC 4.400%, 03/15/2042		50,000		45,040
Canadian Pacific Railway Company 2.875%, 11/15/2029		500,000		448,257
Carrier Global Corp. 3.577%, 04/05/2050		500,000		372,652
Caterpillar, Inc.
3.250%, 04/09/2050		400,000		297,971
3.400%, 05/15/2024		500,000		498,739
CSX Corp.
3.350%, 11/01/2025		420,000		408,352
3.800%, 04/15/2050		1,000,000		780,910
Deere & Company 3.100%, 04/15/2030		500,000		456,653
Delta Air Lines 2019-1 Class AA Pass Through Trust 3.204%, 04/25/2024		200,000		199,847
Equifax, Inc. 3.100%, 05/15/2030		1,200,000		1,070,518
FedEx Corp.
3.875%, 08/01/2042		420,000		336,778
4.400%, 01/15/2047		350,000		292,925
General Dynamics Corp. 3.625%, 04/01/2030		500,000		469,997
General Electric Company
4.500%, 03/11/2044		500,000		453,920
6.750%, 03/15/2032		66,000		73,520
6.875%, 01/10/2039		168,000		199,348

 

275

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Total Bond Market Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Industrials (continued)
Honeywell International, Inc. 1.950%, 06/01/2030	$	500,000	$	425,951
John Deere Capital Corp. 2.050%, 01/09/2025		500,000		487,855
Johnson Controls, Inc. 5.700%, 03/01/2041		150,000		138,866
L3Harris Technologies, Inc. 2.900%, 12/15/2029		300,000		267,020
Lockheed Martin Corp. 3.800%, 03/01/2045		400,000		327,503
Norfolk Southern Corp. 4.837%, 10/01/2041		240,000		225,819
Northrop Grumman Corp.
3.250%, 01/15/2028		300,000		283,477
4.400%, 05/01/2030		200,000		194,533
Precision Castparts Corp. 3.250%, 06/15/2025		500,000		489,017
Republic Services, Inc. 2.375%, 03/15/2033		400,000		323,640
RTX Corp.
4.625%, 11/16/2048		500,000		444,449
6.125%, 07/15/2038		225,000		239,860
Southwest Airlines Company 5.250%, 05/04/2025		1,200,000		1,195,213
Stanley Black & Decker, Inc. 2.750%, 11/15/2050		300,000		177,653
The Boeing Company
2.600%, 10/30/2025		438,000		416,703
2.950%, 02/01/2030		400,000		345,463
3.750%, 02/01/2050		400,000		278,256
5.805%, 05/01/2050		600,000		567,677
8.750%, 09/15/2031		90,000		105,583
Thomson Reuters Corp. 4.500%, 05/23/2043		250,000		206,746
Trane Technologies Global Holding Company, Ltd. 4.300%, 02/21/2048		600,000		515,416
Union Pacific Corp.
3.250%, 08/15/2025		500,000		487,612
3.799%, 10/01/2051 to 04/06/2071		1,113,000		843,888
United Airlines 2016-2 Class AA Pass Through Trust 2.875%, 10/07/2028		206,355		186,905
United Parcel Service, Inc. 3.400%, 03/15/2029		400,000		379,334
Verisk Analytics, Inc. 4.125%, 03/15/2029		600,000		577,229
Waste Management, Inc. 2.500%, 11/15/2050		300,000		187,105
				20,705,673
Information technology – 1.8%
Apple, Inc.
1.650%, 05/11/2030		900,000		760,761
2.450%, 08/04/2026		1,060,000		1,007,031
4.100%, 08/08/2062		700,000		593,852
4.850%, 05/10/2053 (C)		470,000		466,966
Applied Materials, Inc.
3.900%, 10/01/2025		470,000		462,337
5.100%, 10/01/2035		470,000		482,260
Broadcom, Inc.
2.600%, 02/15/2033 (B)		1,000,000		812,161
3.137%, 11/15/2035 (B)		600,000		484,741
4.300%, 11/15/2032		700,000		657,726
Cisco Systems, Inc. 5.900%, 02/15/2039		80,000		86,985

Total Bond Market Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Information technology (continued)
Dell International LLC 5.300%, 10/01/2029	$	600,000	$	607,365
Eaton Corp. 3.103%, 09/15/2027		500,000		474,053
Hewlett Packard Enterprise Company 6.200%, 10/15/2035		400,000		426,821
HP, Inc. 6.000%, 09/15/2041		500,000		519,408
IBM Corp.
3.450%, 02/19/2026		1,115,000		1,084,748
4.000%, 06/20/2042		210,000		177,307
5.600%, 11/30/2039		21,000		21,854
Intel Corp.
2.000%, 08/12/2031		500,000		410,873
5.200%, 02/10/2033		1,000,000		1,013,868
Microsoft Corp.
2.525%, 06/01/2050		1,538,000		1,010,717
3.125%, 11/03/2025		438,000		426,616
NVIDIA Corp. 2.000%, 06/15/2031		400,000		337,988
NXP BV 3.400%, 05/01/2030		520,000		471,971
Oracle Corp.
2.650%, 07/15/2026		310,000		293,335
2.875%, 03/25/2031		400,000		347,791
2.950%, 05/15/2025		550,000		535,546
4.000%, 11/15/2047		400,000		312,267
4.125%, 05/15/2045		500,000		403,601
Qualcomm, Inc. 1.650%, 05/20/2032		566,000		448,336
Roper Technologies, Inc. 4.200%, 09/15/2028		500,000		485,530
Salesforce, Inc. 2.700%, 07/15/2041		400,000		289,454
Texas Instruments, Inc. 3.875%, 03/15/2039		200,000		178,962
VMware LLC 1.800%, 08/15/2028		400,000		348,512
Xerox Corp. 6.750%, 12/15/2039		60,000		51,452
				16,493,195
Materials – 0.7%
Air Products and Chemicals, Inc. 1.850%, 05/15/2027		500,000		459,076
Avery Dennison Corp. 2.650%, 04/30/2030		400,000		349,648
DuPont de Nemours, Inc. 5.319%, 11/15/2038		400,000		399,757
Eastman Chemical Company 4.650%, 10/15/2044		500,000		425,497
Glencore Funding LLC 2.625%, 09/23/2031 (B)		500,000		416,731
Huntsman International LLC 4.500%, 05/01/2029		500,000		477,445
International Paper Company 5.000%, 09/15/2035		500,000		488,933
LYB International Finance II BV 3.500%, 03/02/2027		400,000		381,621
Martin Marietta Materials, Inc. 2.400%, 07/15/2031		300,000		251,278
Newmont Corp. 4.875%, 03/15/2042		270,000		251,038
Nucor Corp. 2.700%, 06/01/2030		300,000		266,289

 

276

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Total Bond Market Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Materials (continued)
Potash Corp. of Saskatchewan, Inc. 5.625%, 12/01/2040	$	150,000	$	142,738
Rio Tinto Alcan, Inc. 6.125%, 12/15/2033		100,000		107,508
Rio Tinto Finance USA PLC 4.750%, 03/22/2042		270,000		255,928
Rio Tinto Finance USA, Ltd. 5.200%, 11/02/2040		250,000		249,234
Teck Resources, Ltd. 6.250%, 07/15/2041		270,000		275,802
The Dow Chemical Company
4.375%, 11/15/2042		590,000		504,158
9.400%, 05/15/2039		130,000		175,060
The Sherwin-Williams Company 3.450%, 06/01/2027		300,000		286,769
Vale Overseas, Ltd. 6.875%, 11/10/2039		350,000		374,261
Vulcan Materials Company 3.500%, 06/01/2030		300,000		274,961
				6,813,732
Real estate – 0.9%
Alexandria Real Estate Equities, Inc. 1.875%, 02/01/2033		400,000		303,877
American Tower Corp. 3.800%, 08/15/2029		525,000		489,962
AvalonBay Communities, Inc. 2.050%, 01/15/2032		400,000		328,813
Boston Properties LP 2.550%, 04/01/2032		500,000		395,528
Brixmor Operating Partnership LP 4.125%, 05/15/2029		700,000		659,762
Crown Castle, Inc.
2.500%, 07/15/2031		300,000		248,249
3.700%, 06/15/2026		400,000		386,294
CubeSmart LP 4.000%, 11/15/2025		200,000		194,995
Digital Realty Trust LP 4.450%, 07/15/2028		200,000		193,638
Duke Realty LP 3.250%, 06/30/2026		200,000		189,173
Equinix, Inc. 2.150%, 07/15/2030		400,000		331,493
Essex Portfolio LP 3.000%, 01/15/2030		400,000		354,728
Extra Space Storage LP 2.350%, 03/15/2032		500,000		400,059
GLP Capital LP 5.300%, 01/15/2029		600,000		589,970
Healthpeak OP LLC 3.500%, 07/15/2029		400,000		370,197
Mid-America Apartments LP 3.950%, 03/15/2029		800,000		769,278
Service Properties Trust 4.500%, 03/15/2025		200,000		195,399
Simon Property Group LP
3.375%, 06/15/2027		500,000		476,891
3.500%, 09/01/2025		441,500		431,056
Sun Communities Operating LP 5.700%, 01/15/2033		1,000,000		991,735
Welltower OP LLC 2.750%, 01/15/2031		500,000		430,062
				8,731,159
Utilities – 2.1%
AEP Transmission Company LLC 3.750%, 12/01/2047		400,000		309,080

Total Bond Market Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Utilities (continued)
Ameren Corp. 3.500%, 01/15/2031	$	1,000,000	$	903,427
American Water Capital Corp. 4.300%, 09/01/2045		350,000		305,363
Arizona Public Service Company 3.350%, 05/15/2050		500,000		343,429
Baltimore Gas & Electric Company 4.550%, 06/01/2052		700,000		610,962
Berkshire Hathaway Energy Company
4.500%, 02/01/2045		500,000		448,173
6.125%, 04/01/2036		436,000		463,497
CenterPoint Energy, Inc. 2.950%, 03/01/2030		700,000		625,746
Consolidated Edison Company of New York, Inc. 3.950%, 04/01/2050		700,000		568,336
Constellation Energy Generation LLC 6.250%, 10/01/2039		160,000		168,451
Dominion Energy, Inc.
3.375%, 04/01/2030		600,000		545,276
3.900%, 10/01/2025		242,000		236,668
Duke Energy Carolinas LLC 6.000%, 01/15/2038		200,000		211,947
Duke Energy Corp.
2.450%, 06/01/2030		435,000		374,632
3.750%, 04/15/2024		500,000		499,605
4.800%, 12/15/2045		500,000		443,953
5.000%, 08/15/2052		600,000		543,101
Entergy Texas, Inc. 1.750%, 03/15/2031		700,000		564,134
Essential Utilities, Inc. 4.276%, 05/01/2049		500,000		407,666
Eversource Energy 4.250%, 04/01/2029		500,000		479,161
Exelon Corp. 3.400%, 04/15/2026		542,000		523,951
Florida Power & Light Company 5.650%, 02/01/2037		290,000		302,266
Georgia Power Company 5.950%, 02/01/2039		335,000		337,893
Indiana Michigan Power Company
3.850%, 05/15/2028		600,000		575,195
6.050%, 03/15/2037		187,000		195,886
NextEra Energy Capital Holdings, Inc.
2.250%, 06/01/2030		700,000		596,029
5.250%, 02/28/2053		700,000		666,616
NiSource, Inc.
3.950%, 03/30/2048		400,000		313,034
5.400%, 06/30/2033		1,000,000		1,008,044
Oncor Electric Delivery Company LLC 7.500%, 09/01/2038		188,000		225,459
Pacific Gas & Electric Company
2.500%, 02/01/2031		600,000		498,947
3.450%, 07/01/2025		30,000		29,182
3.750%, 07/01/2028		30,000		28,078
4.550%, 07/01/2030		227,000		215,768
4.950%, 07/01/2050		827,000		711,378
PacifiCorp 6.000%, 01/15/2039		335,000		347,747
Public Service Company of Colorado 3.600%, 09/15/2042		500,000		383,864
Public Service Electric & Gas Company 3.000%, 05/15/2025		250,000		243,991
San Diego Gas & Electric Company 6.125%, 09/15/2037		202,000		204,288

 

277

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Total Bond Market Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Utilities (continued)
Southern California Edison Company
2.250%, 06/01/2030	$	700,000	$	594,828
5.350%, 07/15/2035		130,000		129,819
Southern California Gas Company 6.350%, 11/15/2052		500,000		550,234
The Southern Company
3.250%, 07/01/2026		572,000		549,703
4.400%, 07/01/2046		500,000		430,636
Virginia Electric & Power Company 8.875%, 11/15/2038		190,000		254,397
Xcel Energy, Inc. 3.300%, 06/01/2025		400,000		389,302
				19,359,142
TOTAL CORPORATE BONDS (Cost $260,744,180)			$	242,743,655
MUNICIPAL BONDS – 0.3%
Bay Area Toll Authority (California) 6.907%, 10/01/2050		50,000		60,341
Illinois State Toll Highway Authority 6.184%, 01/01/2034		150,000		159,769
Maryland State Transportation Authority 5.888%, 07/01/2043		60,000		61,803
Metropolitan Washington Airports Authority 7.462%, 10/01/2046		40,000		49,965
New Jersey Turnpike Authority 7.102%, 01/01/2041		90,000		104,572
New York State Dormitory Authority 5.628%, 03/15/2039		340,000		348,363
New York State Urban Development Corp. 5.770%, 03/15/2039		270,000		276,166
State of California, GO 7.300%, 10/01/2039		400,000		470,494
State of California, GO 7.500%, 04/01/2034		80,000		94,036
State of Illinois, GO 5.100%, 06/01/2033		115,000		114,163
State of Illinois, GO 7.350%, 07/01/2035		240,000		259,819
State of Texas, GO 5.517%, 04/01/2039		260,000		269,425
State of Utah, GO 3.539%, 07/01/2025		181,658		179,348
State of Utah, GO 4.554%, 07/01/2024		55,000		54,815
State of Washington, GO 5.481%, 08/01/2039		260,000		266,977
Texas Transportation Commission State Highway Fund 5.178%, 04/01/2030		310,000		309,510
TOTAL MUNICIPAL BONDS (Cost $2,992,548)			$	3,079,566
COLLATERALIZED MORTGAGE OBLIGATIONS – 1.7%
Commercial and residential – 1.5%
Banc of America Commercial Mortgage Trust Series 2015-UBS7, Class A4 3.705%, 09/15/2048		145,000		140,495
BANK
Series 2017-BNK6, Class A4, 3.254%, 07/15/2060		2,000,000		1,890,596
Series 2022-BNK39, Class A4, 2.928%, 02/15/2055 (D)		2,000,000		1,724,307

Total Bond Market Trust (continued)

		Shares or Principal Amount	Value
COLLATERALIZED MORTGAGE OBLIGATIONS (continued)
Commercial and residential (continued)
BMO Mortgage Trust Series 2022-C1, Class A5 3.374%, 02/15/2055 (D)	$	2,000,000	$	1,779,256
CD Mortgage Trust Series 2017-CD3, Class A4 3.631%, 02/10/2050		1,090,000		1,006,561
Commercial Mortgage Trust (Cantor Fitzgerald/Deutsche Bank AG) Series 2014-CR21, Class A3 3.528%, 12/10/2047		576,816		564,732
GS Mortgage Securities Trust
Series 2016-GS4, Class A3, 3.178%, 11/10/2049		2,846,635		2,707,176
Series 2017-GS5, Class A3, 3.409%, 03/10/2050		2,742,204		2,562,485
Morgan Stanley Capital Trust Series 2021-L5, Class A4 2.728%, 05/15/2054		2,000,000		1,715,011
Wells Fargo Commercial Mortgage Trust Series 2015-C29, Class AS 4.013%, 06/15/2048 (D)		500,000		484,877
				14,575,496
U.S. Government Agency – 0.2%
Federal Home Loan Mortgage Corp.
Series K041, Class A2, 3.171%, 10/25/2024		687,736		678,628
Series K047, Class A2, 3.329%, 05/25/2025 (D)		700,000		685,549
Series K050, Class A2, 3.334%, 08/25/2025 (D)		700,000		683,468
				2,047,645
TOTAL COLLATERALIZED MORTGAGE OBLIGATIONS (Cost $17,924,023)			$	16,623,141
ASSET BACKED SECURITIES – 0.5%
Carmax Auto Owner Trust Series 2022-4, Class A4 5.700%, 07/17/2028		1,000,000		1,011,646
GM Financial Automobile Leasing Trust Series 2023-2, Class A4 5.090%, 05/20/2027		1,300,000		1,295,934
SMB Private Education Loan Trust Series 2021-E, Class A1A 1.680%, 02/15/2051 (B)		982,154		889,965
Toyota Auto Receivables Owner Trust Series 2023-B, Class A4 4.660%, 09/15/2028		1,250,000		1,237,137
TOTAL ASSET BACKED SECURITIES (Cost $4,537,440)			$	4,434,682
SHORT-TERM INVESTMENTS – 0.7%
Short-term funds – 0.7%
John Hancock Collateral Trust, 5.2975% (E)(F)		661,036		6,608,639
TOTAL SHORT-TERM INVESTMENTS (Cost $6,610,501)			$	6,608,639
Total Investments (Total Bond Market Trust) (Cost $1,018,155,271) – 98.9%			$	934,985,169
Other assets and liabilities, net – 1.1%				10,228,954
TOTAL NET ASSETS – 100.0%			$	945,214,123

Security Abbreviations and Legend
CME	CME Group Published Rates

 

278

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Total Bond Market Trust (continued)

CMT	Constant Maturity Treasury
GO	General Obligation
IBOR	Interbank Offered Rate
SOFR	Secured Overnight Financing Rate
(A)	Variable rate obligation. The coupon rate shown represents the rate at period end.
(B)	These securities are exempt from registration under Rule 144A of the Securities Act of 1933. Such securities may be resold, normally to qualified institutional buyers, in transactions exempt from registration.
(C)	All or a portion of this security is on loan as of 3-31-24. The value of securities on loan amounted to $1,027,019.
(D)	Variable or floating rate security, the interest rate of which adjusts periodically based on a weighted average of interest rates and prepayments on the underlying pool of assets. The interest rate shown is the current rate as of period end.
(E)	The rate shown is the annualized seven-day yield as of 3-31-24.
(F)	Investment is an affiliate of the fund, the advisor and/or subadvisor. A portion of this security represents the investment of cash collateral received for securities lending. Market value of this investment amounted to $1,048,803.

Total Stock Market Index Trust

	Shares or Principal Amount	Value
COMMON STOCKS – 97.9%
Communication services – 8.2%
Diversified telecommunication services – 0.6%
Anterix, Inc. (A)	323	$	10,856
AST SpaceMobile, Inc. (A)(B)	1,573		4,562
AT&T, Inc.	121,205		2,133,208
ATN International, Inc.	291		9,168
Bandwidth, Inc., Class A (A)	431		7,870
Cogent Communications Holdings, Inc.	807		52,721
Consolidated Communications Holdings, Inc. (A)	1,882		8,130
Frontier Communications Parent, Inc. (A)	4,181		102,435
GCI Liberty, Inc. (A)(C)	2,206		0
Globalstar, Inc. (A)	32,237		47,388
IDT Corp., Class B	461		17,430
Iridium Communications, Inc.	2,158		56,453
Liberty Latin America, Ltd., Class C (A)	2,753		19,243
Lumen Technologies, Inc. (A)	17,420		27,175
Ooma, Inc. (A)	477		4,069
Shenandoah Telecommunications Company	901		15,650
Verizon Communications, Inc.	71,220		2,988,391
			5,504,749
Entertainment – 1.2%
AMC Entertainment Holdings, Inc., Class A (A)(B)	3,402		12,655
Atlanta Braves Holdings, Inc., Series A (A)	829		34,735
Atlanta Braves Holdings, Inc., Series C (A)	131		5,117
Cinemark Holdings, Inc. (A)	2,041		36,677
Electronic Arts, Inc.	4,601		610,415
Endeavor Group Holdings, Inc., Class A	5,168		132,973
Eventbrite, Inc., Class A (A)	1,461		8,006
Kartoon Studios, Inc. (A)	672		921
Liberty Media Corp.-Liberty Formula One, Series A (A)	225		13,217
Liberty Media Corp.-Liberty Formula One, Series C (A)	3,361		220,482
Liberty Media Corp.-Liberty Live, Series A (A)	676		28,629

Total Stock Market Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Entertainment (continued)
Liberty Media Corp.-Liberty Live, Series C (A)	827	$	36,239
Lions Gate Entertainment Corp., Class A (A)	62		617
Lions Gate Entertainment Corp., Class B (A)	4,105		38,218
Live Nation Entertainment, Inc. (A)	3,913		413,878
LiveOne, Inc. (A)	1,309		2,553
Madison Square Garden Entertainment Corp. (A)	678		26,584
Madison Square Garden Sports Corp. (A)	324		59,784
Netflix, Inc. (A)	7,515		4,564,085
Playstudios, Inc. (A)	1,949		5,418
Playtika Holding Corp.	6,300		44,415
Reservoir Media, Inc. (A)	893		7,081
ROBLOX Corp., Class A (A)	9,625		367,483
Roku, Inc. (A)	2,105		137,183
Skillz, Inc. (A)	341		2,213
Sphere Entertainment Company (A)	478		23,460
Take-Two Interactive Software, Inc. (A)	2,886		428,542
The Marcus Corp.	486		6,930
The Walt Disney Company	31,010		3,794,384
TKO Group Holdings, Inc.	1,425		123,134
Vivid Seats, Inc., Class A (A)	1,910		11,441
Warner Brothers Discovery, Inc. (A)	41,547		362,705
Warner Music Group Corp., Class A	2,345		77,432
			11,637,606
Interactive media and services – 5.3%
Alphabet, Inc., Class A (A)	100,618		15,186,258
Alphabet, Inc., Class C (A)	98,411		14,984,059
Angi, Inc. (A)	1,822		4,774
Bumble, Inc., Class A (A)	2,324		26,377
CarGurus, Inc. (A)	1,735		40,044
Cars.com, Inc. (A)	1,154		19,826
DHI Group, Inc. (A)	630		1,607
EverQuote, Inc., Class A (A)	481		8,927
FuboTV, Inc. (A)	4,863		7,684
Getty Images Holdings, Inc. (A)(B)	6,797		28,208
Grindr, Inc. (A)	2,917		29,549
IAC, Inc. (A)	1,394		74,356
Match Group, Inc. (A)	4,728		171,532
MediaAlpha, Inc., Class A (A)	781		15,909
Meta Platforms, Inc., Class A	37,696		18,304,424
Nextdoor Holdings, Inc. (A)	3,090		6,953
Outbrain, Inc. (A)	712		2,812
Pinterest, Inc., Class A (A)	9,858		341,777
PSQ Holdings, Inc. (A)	454		2,443
QuinStreet, Inc. (A)	983		17,360
Rumble, Inc. (A)(B)	1,926		15,562
Shutterstock, Inc.	615		28,173
Snap, Inc., Class A (A)	23,247		266,876
System1, Inc. (A)	1,641		3,216
Taboola.com, Ltd. (A)	4,985		22,133
The Arena Group Holdings, Inc. (A)	418		493
Travelzoo (A)	162		1,649
TripAdvisor, Inc. (A)	2,105		58,498
TrueCar, Inc. (A)	1,900		6,441
Vimeo, Inc. (A)	2,863		11,710
Yelp, Inc. (A)	1,157		45,586
Zedge, Inc., Class B (A)	130		360
Ziff Davis, Inc. (A)	766		48,289
ZipRecruiter, Inc., Class A (A)	1,452		16,683

 

279

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Total Stock Market Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Interactive media and services (continued)
ZoomInfo Technologies, Inc. (A)	6,859	$	109,950
			49,910,498
Media – 0.7%
AdTheorent Holding Company, Inc. (A)	1,317		4,228
Advantage Solutions, Inc. (A)	5,394		23,356
Altice USA, Inc., Class A (A)	7,703		20,105
AMC Networks, Inc., Class A (A)	424		5,143
Boston Omaha Corp., Class A (A)	528		8,163
Cable One, Inc.	97		41,044
Cardlytics, Inc. (A)(B)	636		9,216
Charter Communications, Inc., Class A (A)	2,541		738,491
Clear Channel Outdoor Holdings, Inc. (A)	8,831		14,571
Comcast Corp., Class A	69,780		3,024,963
comScore, Inc. (A)	60		924
Cumulus Media, Inc., Class A (A)	131		470
Daily Journal Corp. (A)	14		5,063
EchoStar Corp., Class A (A)	2,407		34,300
Emerald Holding, Inc. (A)	1,284		8,744
Entravision Communications Corp., Class A	1,260		2,066
Fox Corp., Class A	3,858		120,640
Fox Corp., Class B	4,444		127,187
Gannett Company, Inc. (A)	2,798		6,827
Gray Television, Inc.	1,517		9,587
iHeartMedia, Inc., Class A (A)	2,155		4,504
Innovid Corp. (A)	2,304		5,737
John Wiley & Sons, Inc., Class A	781		29,780
Lee Enterprises, Inc. (A)	35		467
Liberty Broadband Corp., Series A (A)	383		21,877
Liberty Broadband Corp., Series C (A)	2,088		119,496
Liberty Media Corp.-Liberty SiriusXM, Series A (A)	2,669		79,269
Liberty Media Corp.-Liberty SiriusXM, Series C (A)	2,722		80,871
LQR House, Inc. (A)	85		114
Magnite, Inc. (A)	2,317		24,908
National CineMedia, Inc. (A)	1,964		10,115
News Corp., Class A	8,727		228,473
News Corp., Class B	1,149		31,092
Nexstar Media Group, Inc.	595		102,513
Nexxen International, Ltd. (A)	81		215
Omnicom Group, Inc.	3,332		322,404
Paramount Global, Class B	10,440		122,879
PubMatic, Inc., Class A (A)	758		17,980
Scholastic Corp.	561		21,155
Sinclair, Inc.	834		11,234
Stagwell, Inc. (A)	1,894		11,781
TechTarget, Inc. (A)	503		16,639
TEGNA, Inc.	3,693		55,173
The EW Scripps Company, Class A (A)	1,348		5,298
The Interpublic Group of Companies, Inc.	6,494		211,899
The New York Times Company, Class A	2,748		118,769
The Trade Desk, Inc., Class A (A)	7,576		662,294
Thryv Holdings, Inc. (A)	494		10,982
Urban One, Inc., Class A (A)	45		122
Urban One, Inc., Class D (A)	387		789
WideOpenWest, Inc. (A)	1,455		5,267
			6,539,184
Wireless telecommunication services – 0.4%
FingerMotion, Inc. (A)(B)	1,066		2,239
Gogo, Inc. (A)	2,195		19,272
Spok Holdings, Inc.	444		7,082

Total Stock Market Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Wireless telecommunication services (continued)
SurgePays, Inc. (A)	154	$	593
Telephone & Data Systems, Inc.	1,870		29,957
T-Mobile US, Inc.	19,956		3,257,218
United States Cellular Corp. (A)	961		35,077
			3,351,438
			76,943,475
Consumer discretionary – 10.5%
Automobile components – 0.1%
Adient PLC (A)	1,572		51,750
American Axle & Manufacturing Holdings, Inc. (A)	1,974		14,529
Autoliv, Inc.	1,436		172,937
BorgWarner, Inc.	3,994		138,752
Cooper-Standard Holdings, Inc. (A)	261		4,322
Dana, Inc.	2,445		31,052
Dorman Products, Inc. (A)	533		51,376
Fox Factory Holding Corp. (A)	736		38,324
Gentex Corp.	3,948		142,602
Gentherm, Inc. (A)	576		33,166
Holley, Inc. (A)	1,926		8,590
LCI Industries	430		52,916
Lear Corp.	989		143,286
Luminar Technologies, Inc. (A)(B)	5,224		10,291
Modine Manufacturing Company (A)	919		87,480
Motorcar Parts of America, Inc. (A)	447		3,594
Patrick Industries, Inc.	414		49,461
PHINIA, Inc.	773		29,706
QuantumScape Corp. (A)(B)	7,236		45,514
Solid Power, Inc. (A)(B)	3,144		6,382
Standard Motor Products, Inc.	404		13,554
Stoneridge, Inc. (A)	529		9,755
Strattec Security Corp. (A)	13		308
Superior Industries International, Inc. (A)	282		818
The Goodyear Tire & Rubber Company (A)	4,787		65,726
Visteon Corp. (A)	475		55,865
XPEL, Inc. (A)	476		25,714
			1,287,770
Automobiles – 1.3%
Cenntro, Inc. (A)	593		842
Ford Motor Company	66,656		885,192
General Motors Company	23,320		1,057,562
Harley-Davidson, Inc.	2,375		103,883
Lucid Group, Inc. (A)(B)	39,287		111,968
Mullen Automotive, Inc. (A)	72		374
Rivian Automotive, Inc., Class A (A)(B)	16,074		176,010
Tesla, Inc. (A)	53,844		9,465,237
Thor Industries, Inc.	904		106,075
Winnebago Industries, Inc.	534		39,516
			11,946,659
Broadline retail – 3.5%
1stdibs.com, Inc. (A)	521		3,105
Amazon.com, Inc. (A)	174,034		31,392,253
Big Lots, Inc. (A)	557		2,412
CarParts.com, Inc. (A)	778		1,260
ContextLogic, Inc., Class A (A)	392		2,230
Coupang, Inc. (A)	27,345		486,468
Dillard's, Inc., Class A	217		102,346
eBay, Inc.	9,014		475,759
Etsy, Inc. (A)	2,099		144,243
Groupon, Inc. (A)	572		7,630
Kohl's Corp.	1,853		54,015
Macy's, Inc.	4,590		91,754
Nordstrom, Inc.	2,680		54,324

 

280

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Total Stock Market Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Broadline retail (continued)
Ollie's Bargain Outlet Holdings, Inc. (A)	1,046	$	83,230
Savers Value Village, Inc. (A)	2,756		53,136
			32,954,165
Distributors – 0.1%
Cheetah Net Supply Chain Service, Inc. (A)	149		301
Genuine Parts Company	2,385		369,508
LKQ Corp.	4,543		242,642
Pool Corp.	663		267,521
Weyco Group, Inc.	249		7,938
			887,910
Diversified consumer services – 0.1%
ADT, Inc.	14,762		99,201
Adtalem Global Education, Inc. (A)	775		39,835
Allurion Technologies, Inc. (A)	702		1,229
American Public Education, Inc. (A)	372		5,282
Bright Horizons Family Solutions, Inc. (A)	979		110,979
Carriage Services, Inc.	281		7,598
Chegg, Inc. (A)	2,095		15,859
Coursera, Inc. (A)	2,516		35,274
Duolingo, Inc. (A)	600		132,348
European Wax Center, Inc., Class A (A)	852		11,059
frontdoor, Inc. (A)	1,431		46,622
Graham Holdings Company, Class B	54		41,455
Grand Canyon Education, Inc. (A)	512		69,740
H&R Block, Inc.	2,464		121,007
ITT Educational Services, Inc. (A)(C)	608		0
Laureate Education, Inc.	2,848		41,495
Lincoln Educational Services Corp. (A)	363		3,750
Mister Car Wash, Inc. (A)	5,330		41,308
Nerdy, Inc. (A)	1,961		5,707
Perdoceo Education Corp.	1,215		21,335
Regis Corp. (A)	28		204
Service Corp. International	2,562		190,126
Strategic Education, Inc.	434		45,188
Stride, Inc. (A)	726		45,774
The Beachbody Company, Inc. (A)	82		787
Udemy, Inc. (A)	2,582		28,350
Universal Technical Institute, Inc. (A)	464		7,396
Wag! Group Company (A)	614		1,216
WW International, Inc. (A)	1,306		2,416
			1,172,540
Hotels, restaurants and leisure – 2.2%
Accel Entertainment, Inc. (A)	1,267		14,938
Airbnb, Inc., Class A (A)	7,233		1,193,156
Ambassadors Group, Inc. (A)(C)	714		29
Aramark	4,410		143,413
Bally's Corp. (A)	759		10,580
Biglari Holdings, Inc., Class B (A)	52		9,863
BJ's Restaurants, Inc. (A)	418		15,123
Bloomin' Brands, Inc.	1,512		43,364
Booking Holdings, Inc.	605		2,194,867
Bowlero Corp., Class A (B)	1,682		23,043
Boyd Gaming Corp.	1,660		111,751
Brinker International, Inc. (A)	737		36,614
Caesars Entertainment, Inc. (A)	3,686		161,226
Carnival Corp. (A)	18,976		310,068
Carrols Restaurant Group, Inc.	1,021		9,710
Cava Group, Inc. (A)	1,927		134,986
Century Casinos, Inc. (A)	483		1,526
Chipotle Mexican Grill, Inc. (A)	468		1,360,368
Choice Hotels International, Inc. (B)	855		108,029
Churchill Downs, Inc.	1,282		158,648

Total Stock Market Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Hotels, restaurants and leisure (continued)
Chuy's Holdings, Inc. (A)	382	$	12,885
Cracker Barrel Old Country Store, Inc. (B)	380		27,637
Darden Restaurants, Inc.	2,039		340,819
Dave & Buster's Entertainment, Inc. (A)	706		44,196
Denny's Corp. (A)	1,094		9,802
Dine Brands Global, Inc.	262		12,178
Domino's Pizza, Inc.	593		294,650
DoorDash, Inc., Class A (A)	6,203		854,277
DraftKings, Inc., Class A (A)	7,856		356,741
Dutch Bros, Inc., Class A (A)	1,079		35,607
El Pollo Loco Holdings, Inc. (A)	773		7,529
Empire Resorts, Inc. (A)(C)	878		0
Everi Holdings, Inc. (A)	1,572		15,799
Expedia Group, Inc. (A)	2,416		332,804
FAT Brands, Inc., Class A	191		1,452
First Watch Restaurant Group, Inc. (A)	940		23,143
Full House Resorts, Inc. (A)	503		2,802
GAN, Ltd. (A)	632		803
GEN Restaurant Group, Inc. (A)	19		222
Global Business Travel Group I (A)	3,324		19,977
Golden Entertainment, Inc.	521		19,188
Hall of Fame Resort & Entertainment Company (A)	163		585
Hilton Grand Vacations, Inc. (A)	1,878		88,660
Hilton Worldwide Holdings, Inc.	4,448		948,803
Hyatt Hotels Corp., Class A	816		130,250
Inspired Entertainment, Inc. (A)	336		3,313
Jack in the Box, Inc.	352		24,105
Krispy Kreme, Inc. (B)	2,827		43,069
Kura Sushi USA, Inc., Class A (A)	168		19,347
Las Vegas Sands Corp.	12,892		666,516
Life Time Group Holdings, Inc. (A)	3,334		51,744
Light & Wonder, Inc. (A)	1,540		157,219
Lindblad Expeditions Holdings, Inc. (A)	852		7,949
Marriott International, Inc., Class A	5,058		1,276,184
Marriott Vacations Worldwide Corp.	622		67,008
McDonald's Corp.	12,366		3,486,594
MGM Resorts International (A)	5,955		281,136
Monarch Casino & Resort, Inc.	351		26,321
Mondee Holdings, Inc. (A)(B)	2,136		4,934
Nathan's Famous, Inc.	78		5,522
Noodles & Company (A)	1,045		1,996
Norwegian Cruise Line Holdings, Ltd. (A)	7,236		151,449
ONE Group Hospitality, Inc. (A)	431		2,401
Papa John's International, Inc.	597		39,760
Penn Entertainment, Inc. (A)	2,579		46,964
Planet Fitness, Inc., Class A (A)	1,443		90,375
PlayAGS, Inc. (A)	767		6,888
Portillo's, Inc., Class A (A)	899		12,748
Potbelly Corp. (A)	346		4,190
RCI Hospitality Holdings, Inc.	169		9,802
Red Robin Gourmet Burgers, Inc. (A)	308		2,359
Red Rock Resorts, Inc., Class A	982		58,743
Restaurant Brands International LP	82		6,478
Royal Caribbean Cruises, Ltd. (A)	4,340		603,303
Rush Street Interactive, Inc. (A)	1,049		6,829
Sabre Corp. (A)	6,456		15,624
Shake Shack, Inc., Class A (A)	668		69,492
Six Flags Entertainment Corp. (A)	1,387		36,506
Soho House & Company, Inc. (A)	1,226		6,951
Sonder Holdings, Inc. (A)	202		598
Starbucks Corp.	19,443		1,776,896
Sweetgreen, Inc., Class A (A)	1,683		42,513

 

281

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Total Stock Market Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Hotels, restaurants and leisure (continued)
Target Hospitality Corp. (A)	1,732	$	18,827
Texas Roadhouse, Inc.	1,118		172,697
The Cheesecake Factory, Inc.	892		32,246
The Wendy's Company	3,468		65,337
Travel + Leisure Company	1,360		66,586
United Parks & Resorts, Inc. (A)	1,089		61,213
Vacasa, Inc. (A)	219		1,494
Vail Resorts, Inc.	655		145,954
Wingstop, Inc.	506		185,398
Wyndham Hotels & Resorts, Inc.	1,417		108,755
Wynn Resorts, Ltd.	1,932		197,508
Xponential Fitness, Inc., Class A (A)	517		8,551
Yum! Brands, Inc.	4,756		659,419
			20,459,922
Household durables – 0.5%
Bassett Furniture Industries, Inc.	199		2,937
Beazer Homes USA, Inc. (A)	450		14,760
Cavco Industries, Inc. (A)	155		61,854
Century Communities, Inc.	552		53,268
D.R. Horton, Inc.	5,749		945,998
Dream Finders Homes, Inc., Class A (A)	686		29,999
Ethan Allen Interiors, Inc.	426		14,727
Flexsteel Industries, Inc.	139		5,185
GoPro, Inc., Class A (A)	2,431		5,421
Green Brick Partners, Inc. (A)	849		51,135
Hamilton Beach Brands Holding Company, Class A	205		4,994
Hamilton Beach Brands Holding Company, Class B	241		5,871
Helen of Troy, Ltd. (A)	403		46,442
Hooker Furnishings Corp.	257		6,171
Hovnanian Enterprises, Inc., Class A (A)	111		17,420
Installed Building Products, Inc.	498		128,848
iRobot Corp. (A)	489		4,284
KB Home	1,321		93,632
Landsea Homes Corp. (A)	541		7,861
La-Z-Boy, Inc.	740		27,839
Legacy Housing Corp. (A)	491		10,566
Leggett & Platt, Inc.	2,187		41,881
Lennar Corp., Class A	4,288		737,450
LGI Homes, Inc. (A)	402		46,781
Lifetime Brands, Inc.	274		2,872
Live Ventures, Inc. (A)	20		539
M/I Homes, Inc. (A)	450		61,331
MDC Holdings, Inc.	1,179		74,171
Meritage Homes Corp.	609		106,855
Mohawk Industries, Inc. (A)	1,079		141,230
Newell Brands, Inc.	7,038		56,515
NVR, Inc. (A)	56		453,598
PulteGroup, Inc.	3,689		444,967
Purple Innovation, Inc.	1,862		3,240
SharkNinja, Inc.	2,356		146,755
Skyline Champion Corp. (A)	980		83,310
Snap One Holdings Corp. (A)	1,112		9,585
Sonos, Inc. (A)	2,163		41,227
Taylor Morrison Home Corp. (A)	1,795		111,595
Tempur Sealy International, Inc.	2,895		164,494
The Lovesac Company (A)	280		6,328
Toll Brothers, Inc.	1,782		230,537
TopBuild Corp. (A)	536		236,231
Traeger, Inc. (A)	2,091		5,290
Tri Pointe Homes, Inc. (A)	1,571		60,735
Tupperware Brands Corp. (A)	610		817
United Homes Group, Inc. (A)	180		1,258
Universal Electronics, Inc. (A)	236		2,362

Total Stock Market Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Household durables (continued)
Vizio Holding Corp., Class A (A)	2,079	$	22,744
VOXX International Corp. (A)	506		4,129
Whirlpool Corp.	915		109,461
Worthington Enterprises, Inc.	815		50,717
			4,998,217
Leisure products – 0.1%
Acushnet Holdings Corp.	1,122		73,996
American Outdoor Brands, Inc. (A)	307		2,702
AMMO, Inc. (A)	1,841		5,063
Brunswick Corp.	1,164		112,349
Clarus Corp.	550		3,713
Escalade, Inc.	328		4,510
Funko, Inc., Class A (A)	815		5,086
Hasbro, Inc.	2,355		133,105
JAKKS Pacific, Inc. (A)	134		3,310
Johnson Outdoors, Inc., Class A	178		8,208
Latham Group, Inc. (A)	1,897		7,512
Malibu Boats, Inc., Class A (A)	367		15,884
Marine Products Corp.	742		8,719
MasterCraft Boat Holdings, Inc. (A)	348		8,255
Mattel, Inc. (A)	6,064		120,128
Peloton Interactive, Inc., Class A (A)	5,871		25,157
Polaris, Inc.	955		95,615
Smith & Wesson Brands, Inc.	903		15,676
Solo Brands, Inc., Class A (A)	944		2,048
SRM Entertainment, Inc. (A)	170		270
Sturm Ruger & Company, Inc.	325		14,999
Topgolf Callaway Brands Corp. (A)	3,178		51,388
Vista Outdoor, Inc. (A)	980		32,124
YETI Holdings, Inc. (A)	1,473		56,784
			806,601
Specialty retail – 2.1%
1-800-Flowers.com, Inc., Class A (A)	562		6,086
Abercrombie & Fitch Company, Class A (A)	842		105,528
Academy Sports & Outdoors, Inc.	1,278		86,316
Advance Auto Parts, Inc.	1,014		86,281
American Eagle Outfitters, Inc.	3,303		85,184
America's Car-Mart, Inc. (A)	117		7,473
Arhaus, Inc.	962		14,805
Arko Corp.	1,801		10,266
Asbury Automotive Group, Inc. (A)	359		84,645
AutoNation, Inc. (A)	735		121,701
AutoZone, Inc. (A)	308		970,708
Bath & Body Works, Inc.	3,879		194,028
Best Buy Company, Inc.	3,678		301,706
Beyond, Inc. (A)	765		27,471
Big 5 Sporting Goods Corp.	321		1,130
Boot Barn Holdings, Inc. (A)	511		48,622
Brilliant Earth Group, Inc., Class A (A)	312		933
Build-A-Bear Workshop, Inc.	196		5,855
Burlington Stores, Inc. (A)	1,103		256,106
Caleres, Inc.	581		23,838
Camping World Holdings, Inc., Class A	715		19,913
CarMax, Inc. (A)	2,689		234,239
Carvana Company (A)(B)	1,933		169,930
Chewy, Inc., Class A (A)	2,085		33,172
Citi Trends, Inc. (A)	105		2,849
Conn's, Inc. (A)	510		1,709
Designer Brands, Inc., Class A	872		9,531
Destination XL Group, Inc. (A)	773		2,783
Dick's Sporting Goods, Inc.	1,039		233,630
Duluth Holdings, Inc., Class B (A)	700		3,430
Envela Corp. (A)	290		1,340
EVgo, Inc. (A)(B)	1,776		4,458

 

282

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Total Stock Market Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Specialty retail (continued)
Five Below, Inc. (A)	951	$	172,492
Floor & Decor Holdings, Inc., Class A (A)	1,801		233,446
Foot Locker, Inc.	1,586		45,201
GameStop Corp., Class A (A)(B)	5,203		65,142
Genesco, Inc. (A)	197		5,544
Group 1 Automotive, Inc.	231		67,505
Grove Collaborative Holdings (A)	525		877
GrowGeneration Corp. (A)	1,030		2,946
Guess?, Inc.	938		29,519
Haverty Furniture Companies, Inc.	273		9,315
Hibbett, Inc.	222		17,052
Jjill, Inc. (A)	116		3,709
Kirkland's, Inc. (A)	147		354
Lands' End, Inc. (A)	492		5,358
Lazydays Holdings, Inc. (A)	227		915
Leslie's, Inc. (A)	3,127		20,326
Lithia Motors, Inc.	463		139,298
LL Flooring Holdings, Inc. (A)	631		1,155
Lowe's Companies, Inc.	9,787		2,493,043
MarineMax, Inc. (A)	323		10,743
Monro, Inc.	568		17,915
Murphy USA, Inc.	362		151,750
National Vision Holdings, Inc. (A)	1,337		29,628
OneWater Marine, Inc., Class A (A)	187		5,264
O'Reilly Automotive, Inc. (A)	1,023		1,154,844
Penske Automotive Group, Inc.	1,129		182,887
Petco Health & Wellness Company, Inc. (A)	4,065		9,268
PetMed Express, Inc.	391		1,873
Revolve Group, Inc. (A)	697		14,755
RH (A)	356		123,981
Ross Stores, Inc.	5,791		849,887
RumbleON, Inc., Class B (A)	281		1,815
Sally Beauty Holdings, Inc. (A)	1,774		22,033
Shoe Carnival, Inc.	500		18,320
Signet Jewelers, Ltd.	762		76,253
Sleep Number Corp. (A)	378		6,059
Sonic Automotive, Inc., Class A	415		23,630
Sportsman's Warehouse Holdings, Inc. (A)	611		1,900
Stitch Fix, Inc., Class A (A)	1,692		4,467
The Aaron's Company, Inc.	635		4,763
The Buckle, Inc.	804		32,377
The Cato Corp., Class A	469		2,706
The Children's Place, Inc. (A)	202		2,331
The Container Store Group, Inc. (A)	887		1,011
The Gap, Inc.	6,223		171,444
The Home Depot, Inc.	16,959		6,505,472
The ODP Corp. (A)	730		38,727
The RealReal, Inc. (A)	2,001		7,824
The TJX Companies, Inc.	19,430		1,970,591
ThredUp, Inc., Class A (A)	1,553		3,106
Tile Shop Holdings, Inc. (A)	357		2,510
Tilly's, Inc., Class A (A)	296		2,013
Torrid Holdings, Inc. (A)(B)	1,698		8,286
Tractor Supply Company	1,847		483,397
Ulta Beauty, Inc. (A)	838		438,173
Upbound Group, Inc.	1,004		35,351
Urban Outfitters, Inc. (A)	1,562		67,822
Valvoline, Inc. (A)	2,301		102,556
Victoria's Secret & Company (A)	1,346		26,085
Vroom, Inc. (A)	27		363
Warby Parker, Inc., Class A (A)	1,643		22,361
Wayfair, Inc., Class A (A)	1,530		103,856

Total Stock Market Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Specialty retail (continued)
Williams-Sonoma, Inc.	1,081	$	343,250
Winmark Corp.	60		21,702
Zumiez, Inc. (A)	371		5,635
			19,579,847
Textiles, apparel and luxury goods – 0.5%
Carter's, Inc.	599		50,723
Columbia Sportswear Company	1,031		83,697
Crocs, Inc. (A)	1,046		150,415
Deckers Outdoor Corp. (A)	443		416,978
Delta Apparel, Inc. (A)	81		242
Figs, Inc., Class A (A)	2,725		13,571
G-III Apparel Group, Ltd. (A)	722		20,945
Hanesbrands, Inc. (A)	5,901		34,226
Kontoor Brands, Inc.	919		55,370
Levi Strauss & Company, Class A	1,731		34,603
Lululemon Athletica, Inc. (A)	2,061		805,130
Movado Group, Inc.	291		8,128
NIKE, Inc., Class B	20,814		1,956,100
Oxford Industries, Inc.	276		31,022
PVH Corp.	1,049		147,500
Ralph Lauren Corp.	679		127,489
Rocky Brands, Inc.	90		2,442
Skechers USA, Inc., Class A (A)	2,270		139,060
Steven Madden, Ltd.	1,321		55,852
Superior Group of Companies, Inc.	407		6,724
Tapestry, Inc.	3,835		182,086
Under Armour, Inc., Class A (A)	6,449		47,594
Under Armour, Inc., Class C (A)	358		2,556
Unifi, Inc. (A)	438		2,624
Vera Bradley, Inc. (A)	673		4,576
VF Corp.	6,636		101,796
Wolverine World Wide, Inc.	1,318		14,775
			4,496,224
			98,589,855
Consumer staples – 5.9%
Beverages – 1.3%
Brown-Forman Corp., Class B	5,315		274,360
Celsius Holdings, Inc. (A)	3,935		326,290
Coca-Cola Consolidated, Inc.	141		119,344
Constellation Brands, Inc., Class A	3,105		843,815
Keurig Dr. Pepper, Inc.	23,738		728,044
MGP Ingredients, Inc.	372		32,040
Molson Coors Beverage Company, Class B	3,370		226,633
Monster Beverage Corp. (A)	17,826		1,056,725
National Beverage Corp. (A)	1,586		75,272
PepsiCo, Inc.	23,369		4,089,809
The Boston Beer Company, Inc., Class A (A)	171		52,056
The Coca-Cola Company	73,405		4,490,918
The Duckhorn Portfolio, Inc. (A)	1,957		18,220
The Vita Coco Company, Inc. (A)	939		22,940
Zevia PBC, Class A (A)	777		909
			12,357,375
Consumer staples distribution and retail – 2.1%
Albertsons Companies, Inc., Class A	9,731		208,633
BJ's Wholesale Club Holdings, Inc. (A)	2,282		172,633
Casey's General Stores, Inc.	631		200,942
Costco Wholesale Corp.	7,514		5,504,982
Dollar General Corp.	3,735		582,884
Dollar Tree, Inc. (A)	3,736		497,448
Grocery Outlet Holding Corp. (A)	1,667		47,976
Ingles Markets, Inc., Class A	254		19,477
Natural Grocers by Vitamin Cottage, Inc.	475		8,574

 

283

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Total Stock Market Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Consumer staples distribution and retail (continued)
Performance Food Group Company (A)	2,633	$	196,527
PriceSmart, Inc.	525		44,100
SpartanNash Company	638		12,894
Sprouts Farmers Market, Inc. (A)	1,774		114,388
Sysco Corp.	8,554		694,414
Target Corp.	7,828		1,387,200
The Andersons, Inc.	652		37,405
The Chefs' Warehouse, Inc. (A)	665		25,044
The Kroger Company	12,157		694,529
U.S. Foods Holding Corp. (A)	4,161		224,569
United Natural Foods, Inc. (A)	998		11,467
Village Super Market, Inc., Class A	305		8,726
Walgreens Boots Alliance, Inc.	14,627		317,260
Walmart, Inc.	137,058		8,246,780
Weis Markets, Inc.	464		29,882
			19,288,734
Food products – 0.9%
Alico, Inc.	182		5,329
Archer-Daniels-Midland Company	9,145		574,397
B&G Foods, Inc. (B)	1,224		14,003
Beyond Meat, Inc. (A)(B)	1,108		9,174
BranchOut Food, Inc. (A)	56		101
BRC, Inc., Class A (A)(B)	952		4,075
Bunge Global SA	2,548		261,221
Calavo Growers, Inc.	340		9,455
Cal-Maine Foods, Inc.	745		43,843
Campbell Soup Company	5,045		224,250
Conagra Brands, Inc.	8,003		237,209
Darling Ingredients, Inc. (A)	2,724		126,693
Dole PLC	1,376		16,416
Farmer Brothers Company (A)	162		578
Flowers Foods, Inc.	3,522		83,648
Forafric Global PLC (A)	356		3,688
Fresh Del Monte Produce, Inc.	851		22,049
Freshpet, Inc. (A)	815		94,426
General Mills, Inc.	9,889		691,933
Hormel Foods Corp.	9,341		325,907
Ingredion, Inc.	1,094		127,834
J&J Snack Foods Corp.	325		46,982
John B Sanfilippo & Son, Inc.	166		17,583
Kellanova	5,794		331,938
Lamb Weston Holdings, Inc.	2,471		263,236
Lancaster Colony Corp.	463		96,133
Lifeway Foods, Inc. (A)	167		2,876
Limoneira Company	387		7,570
Mama's Creations, Inc. (A)	413		2,065
McCormick & Company, Inc.	4,278		328,593
Mission Produce, Inc. (A)	1,061		12,594
Mondelez International, Inc., Class A	23,072		1,615,040
Pilgrim's Pride Corp. (A)	4,013		137,726
Post Holdings, Inc. (A)	1,024		108,831
Real Good Food Company, Inc. (A)	471		170
Seaboard Corp.	19		61,254
Seneca Foods Corp., Class A (A)	139		7,909
The Hain Celestial Group, Inc. (A)	1,558		12,246
The Hershey Company	2,559		497,726
The J.M. Smucker Company	1,797		226,188
The Kraft Heinz Company	20,764		766,192
The Simply Good Foods Company (A)	1,681		57,204
Tootsie Roll Industries, Inc.	756		24,215
TreeHouse Foods, Inc. (A)	936		36,457
Tyson Foods, Inc., Class A	4,852		284,958
Utz Brands, Inc.	1,319		24,322
Vital Farms, Inc. (A)	628		14,601
Westrock Coffee Company (A)(B)	1,497		15,464

Total Stock Market Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Food products (continued)
Whole Earth Brands, Inc. (A)	663	$	3,202
WK Kellogg Company	1,404		26,395
			7,905,899
Household products – 1.0%
Central Garden & Pet Company, Class A (A)	1,151		42,495
Church & Dwight Company, Inc.	4,182		436,224
Colgate-Palmolive Company	13,999		1,260,610
Energizer Holdings, Inc.	1,190		35,034
Kimberly-Clark Corp.	5,721		740,011
Oil-Dri Corp. of America	119		8,873
Reynolds Consumer Products, Inc.	3,527		100,731
Spectrum Brands Holdings, Inc.	679		60,438
The Clorox Company	2,094		320,612
The Procter & Gamble Company	39,998		6,489,676
WD-40 Company	231		58,515
			9,553,219
Personal care products – 0.2%
BellRing Brands, Inc. (A)	2,190		129,276
Coty, Inc., Class A (A)	15,091		180,488
e.l.f. Beauty, Inc. (A)	917		179,760
Edgewell Personal Care Company	876		33,849
Herbalife, Ltd. (A)	1,740		17,487
Inter Parfums, Inc.	538		75,594
Kenvue, Inc.	32,547		698,459
Lifevantage Corp.	67		405
Medifast, Inc.	188		7,204
Nature's Sunshine Products, Inc. (A)	585		12,150
Nu Skin Enterprises, Inc., Class A	854		11,811
Olaplex Holdings, Inc. (A)	11,283		21,663
The Beauty Health Company (A)	2,356		10,461
The Estee Lauder Companies, Inc., Class A	3,950		608,893
The Honest Company, Inc. (A)	1,445		5,852
USANA Health Sciences, Inc. (A)	350		16,975
Waldencast PLC, Class A (A)(B)	1,714		11,141
			2,021,468
Tobacco – 0.4%
Altria Group, Inc.	30,004		1,308,774
Ispire Technology, Inc. (A)	898		5,505
Philip Morris International, Inc.	26,317		2,411,164
Turning Point Brands, Inc.	333		9,757
Universal Corp.	426		22,033
Vector Group, Ltd.	2,598		28,474
			3,785,707
			54,912,402
Energy – 3.9%
Energy equipment and services – 0.4%
Archrock, Inc.	2,767		54,427
Atlas Energy Solutions, Inc.	1,694		38,318
Baker Hughes Company	17,176		575,396
Bristow Group, Inc. (A)	434		11,805
Cactus, Inc., Class A	1,108		55,500
ChampionX Corp.	3,351		120,267
Core Laboratories, Inc.	706		12,058
Diamond Offshore Drilling, Inc. (A)	1,475		20,119
DMC Global, Inc. (A)	314		6,120
Dril-Quip, Inc. (A)	654		14,735
Energy Services of America Corp.	134		1,106
Expro Group Holdings NV (A)	1,853		37,004
Forum Energy Technologies, Inc. (A)	95		1,898
Geospace Technologies Corp. (A)	128		1,688
Halliburton Company	15,274		602,101

 

284

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Total Stock Market Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Energy equipment and services (continued)
Helix Energy Solutions Group, Inc. (A)	2,742	$	29,723
Helmerich & Payne, Inc.	1,763		74,152
KLX Energy Services Holdings, Inc. (A)	168		1,300
Kodiak Gas Services, Inc.	1,159		31,687
Liberty Energy, Inc.	2,877		59,611
Mammoth Energy Services, Inc. (A)	729		2,654
Nabors Industries, Ltd. (A)	160		13,781
National Energy Services Reunited Corp. (A)	308		2,464
Natural Gas Services Group, Inc. (A)	113		2,196
Newpark Resources, Inc. (A)	1,689		12,195
Nine Energy Service, Inc. (A)(B)	508		1,138
NOV, Inc.	6,635		129,515
Oceaneering International, Inc. (A)	1,715		40,131
Oil States International, Inc. (A)	1,266		7,799
Patterson-UTI Energy, Inc.	7,055		84,237
Profire Energy, Inc. (A)	196		363
ProFrac Holding Corp., Class A (A)	2,818		23,558
ProPetro Holding Corp. (A)	1,736		14,027
Ranger Energy Services, Inc.	274		3,093
RPC, Inc.	3,715		28,754
Schlumberger, Ltd.	24,128		1,322,456
SEACOR Marine Holdings, Inc. (A)	374		5,214
Select Water Solutions, Inc.	1,836		16,946
Smart Sand, Inc. (A)	446		852
Solaris Oilfield Infrastructure, Inc., Class A	160		1,387
TETRA Technologies, Inc. (A)	1,874		8,302
Tidewater, Inc. (A)	880		80,960
U.S. Silica Holdings, Inc. (A)	1,120		13,899
USA Compression Partners LP	325		8,668
Valaris, Ltd. (A)	1,240		93,322
Weatherford International PLC (A)	1,215		140,235
			3,807,161
Oil, gas and consumable fuels – 3.5%
Aemetis, Inc. (A)	638		3,822
American Resources Corp. (A)	1,063		1,499
Amplify Energy Corp. (A)	487		3,219
Antero Midstream Corp.	7,998		112,452
Antero Resources Corp. (A)	5,112		148,248
APA Corp.	5,181		178,123
Ardmore Shipping Corp.	494		8,111
Baytex Energy Corp.	2,142		7,775
Berry Corp.	547		4,403
California Resources Corp.	1,147		63,200
Callon Petroleum Company (A)	1,113		39,801
Centrus Energy Corp., Class A (A)	232		9,635
Cheniere Energy, Inc.	4,081		658,184
Chesapeake Energy Corp. (B)	2,234		198,446
Chevron Corp.	33,063		5,215,358
Chord Energy Corp.	673		119,956
Civitas Resources, Inc.	1,569		119,103
Clean Energy Fuels Corp. (A)	3,925		10,519
CNX Resources Corp. (A)	2,780		65,942
Comstock Resources, Inc.	4,682		43,449
ConocoPhillips	20,328		2,587,348
CONSOL Energy, Inc.	572		47,911
Coterra Energy, Inc.	12,805		357,003
Crescent Energy Company, Class A	1,330		15,827
CrossAmerica Partners LP	406		9,253
CVR Energy, Inc.	1,658		59,124
Delek Logistics Partners LP	100		4,099
Delek US Holdings, Inc.	1,194		36,704
Devon Energy Corp.	10,906		547,263
Diamondback Energy, Inc.	3,023		599,068

Total Stock Market Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Oil, gas and consumable fuels (continued)
Dorchester Minerals LP	322	$	10,858
Dorian LPG, Ltd.	704		27,076
DT Midstream, Inc.	1,562		95,438
Empire Petroleum Corp. (A)(B)	414		2,116
Encore Energy Corp. (A)(B)	2,459		10,770
Energy Transfer LP	455		7,157
EOG Resources, Inc.	9,866		1,261,269
EQT Corp.	6,980		258,749
Equitrans Midstream Corp.	7,277		90,890
Evolution Petroleum Corp.	128		786
Excelerate Energy, Inc., Class A	304		4,870
Exxon Mobil Corp.	68,627		7,977,202
FutureFuel Corp.	986		7,937
Genesis Energy LP	454		5,048
Global Partners LP	158		7,012
Granite Ridge Resources, Inc.	2,083		13,540
Green Plains, Inc. (A)	1,075		24,854
Gulfport Energy Corp. (A)	303		48,516
Hallador Energy Company (A)	431		2,297
Harvest Natural Resources, Inc. (A)(C)	270		0
Hess Corp.	5,216		796,170
Hess Midstream LP, Class A	142		5,130
HF Sinclair Corp.	3,093		186,724
HighPeak Energy, Inc. (B)	281		4,431
International Seaways, Inc.	788		41,922
Kimbell Royalty Partners LP	1,094		16,979
Kinder Morgan, Inc.	37,496		687,677
Kinetik Holdings, Inc.	825		32,893
Kosmos Energy, Ltd. (A)	7,764		46,273
Lightbridge Corp. (A)	191		563
Magnolia Oil & Gas Corp., Class A (B)	3,178		82,469
Marathon Oil Corp.	10,194		288,898
Marathon Petroleum Corp.	6,751		1,360,327
Matador Resources Company	1,994		133,139
Murphy Oil Corp.	2,547		116,398
NACCO Industries, Inc., Class A	132		3,986
Natural Resource Partners LP	59		5,428
New Fortress Energy, Inc. (B)	3,486		106,637
Next Bridge Hydrocarbons, Inc. (A)(C)	2,456		639
NextDecade Corp. (A)	4,380		24,878
Northern Oil and Gas, Inc.	1,469		58,290
Occidental Petroleum Corp.	15,013		975,695
ONEOK, Inc.	9,836		788,552
OPAL Fuels, Inc., Class A (A)	419		2,103
Overseas Shipholding Group, Inc., Class A	726		4,646
Ovintiv, Inc.	4,594		238,429
Par Pacific Holdings, Inc. (A)	980		36,319
PBF Energy, Inc., Class A	2,149		123,718
Peabody Energy Corp.	2,328		56,477
Permian Resources Corp.	8,560		151,170
Phillips 66	7,529		1,229,787
Pioneer Natural Resources Company	3,952		1,037,400
PrimeEnergy Resources Corp. (A)	2		201
Range Resources Corp.	4,124		141,989
REX American Resources Corp. (A)	379		22,251
Riley Exploration Permian, Inc.	305		10,065
Ring Energy, Inc. (A)	2,196		4,304
SandRidge Energy, Inc.	486		7,081
SFL Corp., Ltd.	2,278		30,024
SilverBow Resources, Inc. (A)	380		12,973
Sitio Royalties Corp., Class A	1,303		32,210
SM Energy Company	2,008		100,099
Southwestern Energy Company (A)	18,673		141,541
Talos Energy, Inc. (A)	2,073		28,877

 

285

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Total Stock Market Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Oil, gas and consumable fuels (continued)
Targa Resources Corp.	3,784	$	423,770
Teekay Corp. (A)	2,030		14,778
Tellurian, Inc. (A)(B)	9,089		6,011
Texas Pacific Land Corp.	393		227,354
The Williams Companies, Inc.	20,517		799,547
Uranium Energy Corp. (A)	6,357		42,910
VAALCO Energy, Inc.	1,457		10,155
Valero Energy Corp.	5,972		1,019,361
Vertex Energy, Inc. (A)	1,493		2,090
Viper Energy, Inc.	515		19,807
Vital Energy, Inc. (A)	448		23,538
Vitesse Energy, Inc.	455		10,797
W&T Offshore, Inc.	2,125		5,631
World Kinect Corp.	1,088		28,778
			32,941,519
			36,748,680
Financials – 13.6%
Banks – 3.5%
1st Source Corp.	500		26,210
ACNB Corp.	46		1,730
Amalgamated Financial Corp.	337		8,088
Amerant Bancorp, Inc.	649		15,115
American National Bankshares, Inc.	218		10,412
Ameris Bancorp	1,207		58,395
Ames National Corp.	260		5,247
Arrow Financial Corp.	409		10,233
Associated Banc-Corp.	2,550		54,851
Atlantic Union Bankshares Corp.	1,383		48,834
Axos Financial, Inc. (A)	1,046		56,526
Banc of California, Inc.	2,584		39,303
BancFirst Corp.	540		47,536
Bank First Corp.	146		12,654
Bank of America Corp.	134,812		5,112,071
Bank of Hawaii Corp. (B)	678		42,300
Bank of Marin Bancorp	328		5,501
Bank OZK	1,946		88,465
Bank7 Corp.	59		1,664
BankFinancial Corp.	481		5,051
BankUnited, Inc.	1,357		37,996
Bankwell Financial Group, Inc.	211		5,473
Banner Corp.	610		29,280
Bar Harbor Bankshares	409		10,830
BayCom Corp.	336		6,925
BCB Bancorp, Inc.	437		4,567
Berkshire Hills Bancorp, Inc.	847		19,413
Blue Foundry Bancorp (A)	99		927
Blue Ridge Bankshares, Inc.	277		745
BOK Financial Corp.	1,125		103,500
Bridgewater Bancshares, Inc. (A)	655		7,624
Brookline Bancorp, Inc.	2,130		21,215
Burke & Herbert Financial Services Corp.	96		5,379
Business First Bancshares, Inc.	293		6,528
Byline Bancorp, Inc.	787		17,094
C&F Financial Corp.	3		147
Cadence Bank	3,163		91,727
California BanCorp (A)	6		132
Cambridge Bancorp	93		6,339
Camden National Corp.	332		11,129
Capital City Bank Group, Inc.	400		11,080
Capitol Federal Financial, Inc.	1,954		11,646
Capstar Financial Holdings, Inc.	374		7,517
Carter Bankshares, Inc. (A)	91		1,150
Cathay General Bancorp	1,047		39,608
Central Pacific Financial Corp.	579		11,435

Total Stock Market Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Banks (continued)
Chemung Financial Corp.	36	$	1,529
ChoiceOne Financial Services, Inc.	26		711
Citigroup, Inc.	32,629		2,063,458
Citizens & Northern Corp.	324		6,085
Citizens Financial Group, Inc.	7,910		287,054
Citizens Financial Services, Inc.	32		1,574
City Holding Company	280		29,182
Civista Bancshares, Inc.	342		5,260
CNB Financial Corp.	426		8,686
Coastal Financial Corp. (A)	164		6,375
Codorus Valley Bancorp, Inc.	267		6,077
Columbia Banking System, Inc.	3,639		70,415
Columbia Financial, Inc. (A)	1,909		32,854
Comerica, Inc.	2,165		119,053
Commerce Bancshares, Inc.	2,233		118,796
Community Bank System, Inc.	864		41,498
Community Trust Bancorp, Inc.	310		13,222
Community West Bancshares	295		5,868
ConnectOne Bancorp, Inc.	882		17,199
CrossFirst Bankshares, Inc. (A)	504		6,975
Cullen/Frost Bankers, Inc.	1,087		122,364
Customers Bancorp, Inc. (A)	501		26,583
CVB Financial Corp.	2,219		39,587
Dime Community Bancshares, Inc.	776		14,946
Eagle Bancorp, Inc.	547		12,849
East West Bancorp, Inc.	2,372		187,649
Eastern Bankshares, Inc.	2,956		40,734
Enterprise Bancorp, Inc.	293		7,609
Enterprise Financial Services Corp.	742		30,096
Equity Bancshares, Inc., Class A	331		11,376
Esquire Financial Holdings, Inc.	215		10,206
Farmers & Merchants Bancorp, Inc.	119		2,653
Farmers National Banc Corp.	190		2,538
FB Financial Corp.	908		34,195
Fidelity D&D Bancorp, Inc.	44		2,131
Fifth Third Bancorp	11,483		427,282
Financial Institutions, Inc.	396		7,453
First Bancorp (North Carolina)	684		24,706
First Bancorp (Puerto Rico)	3,172		55,637
First Bank	7		96
First Busey Corp.	1,120		26,936
First Citizens BancShares, Inc., Class A	229		374,415
First Commonwealth Financial Corp.	1,842		25,641
First Community Bankshares, Inc.	247		8,554
First Financial Bancorp	1,737		38,944
First Financial Bankshares, Inc.	2,447		80,286
First Financial Corp.	283		10,847
First Foundation, Inc.	847		6,395
First Guaranty Bancshares, Inc.	60		609
First Hawaiian, Inc.	2,278		50,025
First Horizon Corp.	9,462		145,715
First Internet Bancorp	220		7,643
First Interstate BancSystem, Inc., Class A	1,855		50,475
First Merchants Corp.	955		33,330
First Mid Bancshares, Inc.	182		5,948
First Western Financial, Inc. (A)	37		539
Five Star Bancorp	96		2,160
Flushing Financial Corp.	465		5,864
FNB Corp.	5,943		83,796
Fulton Financial Corp.	2,397		38,088
FVCBankcorp, Inc. (A)	533		6,492
German American Bancorp, Inc.	635		21,996
Glacier Bancorp, Inc.	1,905		76,733
Great Southern Bancorp, Inc.	260		14,253

 

286

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Total Stock Market Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Banks (continued)
Greene County Bancorp, Inc.	263	$	7,572
Guaranty Bancshares, Inc.	278		8,440
Hancock Whitney Corp.	1,414		65,101
Hanmi Financial Corp.	645		10,268
HarborOne Bancorp, Inc.	1,175		12,526
HBT Financial, Inc.	263		5,008
Heartland Financial USA, Inc.	771		27,101
Heritage Commerce Corp.	1,034		8,872
Heritage Financial Corp.	708		13,728
Hilltop Holdings, Inc.	1,026		32,134
Home Bancorp, Inc.	185		7,087
Home BancShares, Inc.	3,307		81,253
HomeStreet, Inc.	395		5,945
HomeTrust Bancshares, Inc.	65		1,777
Hope Bancorp, Inc.	2,344		26,979
Horizon Bancorp, Inc.	928		11,906
Huntington Bancshares, Inc.	24,317		339,222
Independent Bank Corp. (Massachusetts)	711		36,986
Independent Bank Corp. (Michigan)	491		12,447
Independent Bank Group, Inc.	753		34,374
International Bancshares Corp.	997		55,972
Investar Holding Corp.	319		5,219
John Marshall Bancorp, Inc.	165		2,957
JPMorgan Chase & Co.	49,297		9,874,189
Kearny Financial Corp.	1,435		9,241
KeyCorp	15,731		248,707
Lakeland Bancorp, Inc.	1,308		15,827
Lakeland Financial Corp.	456		30,242
Live Oak Bancshares, Inc.	804		33,374
M&T Bank Corp.	2,813		409,123
Macatawa Bank Corp.	926		9,066
Mercantile Bank Corp.	362		13,933
Metrocity Bankshares, Inc.	190		4,742
Metropolitan Bank Holding Corp. (A)	184		7,084
Middlefield Banc Corp.	15		358
Midland States Bancorp, Inc.	539		13,545
MidWestOne Financial Group, Inc.	336		7,876
MVB Financial Corp.	285		6,358
National Bank Holdings Corp., Class A	697		25,141
National Bankshares, Inc.	168		5,613
NBT Bancorp, Inc.	714		26,190
New York Community Bancorp, Inc. (B)	12,121		39,030
Nicolet Bankshares, Inc.	223		19,176
Northeast Bank	72		3,984
Northfield Bancorp, Inc.	1,000		9,720
Northrim BanCorp, Inc.	150		7,577
Northwest Bancshares, Inc.	2,105		24,523
Norwood Financial Corp.	211		5,741
NU Holdings, Ltd., Class A (A)	61,149		729,508
OceanFirst Financial Corp.	1,155		18,954
OFG Bancorp	931		34,270
Old National Bancorp	4,774		83,115
Old Second Bancorp, Inc.	816		11,293
Orange County Bancorp, Inc.	55		2,530
Origin Bancorp, Inc.	516		16,120
Pacific Premier Bancorp, Inc.	1,453		34,872
Park National Corp.	247		33,555
Pathward Financial, Inc.	521		26,300
Peapack-Gladstone Financial Corp.	397		9,659
Peoples Bancorp of North Carolina, Inc.	98		2,729
Peoples Bancorp, Inc.	711		21,053
Pinnacle Financial Partners, Inc.	1,287		110,528
Plumas Bancorp	29		1,067
Ponce Financial Group, Inc. (A)	702		6,248
Popular, Inc.	1,197		105,444

Total Stock Market Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Banks (continued)
Preferred Bank	294	$	22,570
Premier Financial Corp.	804		16,321
Primis Financial Corp.	655		7,971
Princeton Bancorp, Inc.	226		6,956
Prosperity Bancshares, Inc.	1,578		103,801
Provident Bancorp, Inc. (A)	206		1,875
Provident Financial Services, Inc.	1,019		14,847
QCR Holdings, Inc.	349		21,198
RBB Bancorp	407		7,330
Red River Bancshares, Inc.	155		7,717
Regions Financial Corp.	15,788		332,180
Renasant Corp.	1,005		31,477
Republic Bancorp, Inc., Class A	350		17,850
S&T Bancorp, Inc.	768		24,637
Sandy Spring Bancorp, Inc.	750		17,385
Seacoast Banking Corp. of Florida	1,405		35,673
ServisFirst Bancshares, Inc.	918		60,918
Shore Bancshares, Inc.	488		5,612
Sierra Bancorp	373		7,535
Simmons First National Corp., Class A	2,304		44,836
South Plains Financial, Inc.	415		11,105
Southern First Bancshares, Inc. (A)	207		6,574
Southern Missouri Bancorp, Inc.	206		9,004
Southern States Bancshares, Inc.	23		596
Southside Bancshares, Inc.	667		19,496
SouthState Corp.	1,302		110,709
Stellar Bancorp, Inc.	998		24,311
Sterling Bancorp, Inc. (A)	1,248		6,440
Stock Yards Bancorp, Inc.	481		23,526
Summit Financial Group, Inc.	329		8,936
Synovus Financial Corp.	2,472		99,028
Territorial Bancorp, Inc.	238		1,918
Texas Capital Bancshares, Inc. (A)	863		53,118
TFS Financial Corp.	4,638		58,253
The Bancorp, Inc. (A)	1,009		33,761
The Bank of NT Butterfield & Son, Ltd.	696		22,265
The First Bancorp, Inc.	302		7,441
The First Bancshares, Inc.	337		8,745
The First of Long Island Corp.	570		6,321
The Hingham Institution for Savings	22		3,838
The PNC Financial Services Group, Inc.	6,755		1,091,608
Third Coast Bancshares, Inc. (A)	95		1,902
Timberland Bancorp, Inc.	79		2,127
Tompkins Financial Corp.	290		14,584
Towne Bank	1,355		38,021
TriCo Bancshares	622		22,877
Triumph Financial, Inc. (A)	443		35,139
Truist Financial Corp.	22,565		879,584
Trustmark Corp.	1,112		31,258
U.S. Bancorp	25,939		1,159,473
UMB Financial Corp.	801		69,679
United Bankshares, Inc.	2,216		79,311
United Community Banks, Inc.	1,970		51,850
Unity Bancorp, Inc.	266		7,342
Univest Financial Corp.	651		13,554
USCB Financial Holdings, Inc.	81		923
Valley National Bancorp	8,371		66,633
Veritex Holdings, Inc.	1,027		21,043
Virginia National Bankshares Corp.	22		662
WaFd, Inc.	1,407		40,845
Washington Trust Bancorp, Inc.	335		9,005
Webster Financial Corp.	2,933		148,908
Wells Fargo & Company	62,070		3,597,577
WesBanco, Inc.	1,118		33,328
West BanCorp, Inc.	410		7,310

 

287

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Total Stock Market Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Banks (continued)
Westamerica BanCorp	365	$	17,841
Western Alliance Bancorp	1,851		118,816
Western New England Bancorp, Inc.	652		5,001
Wintrust Financial Corp.	1,028		107,313
WSFS Financial Corp.	1,111		50,151
Zions Bancorp NA	2,467		107,068
			33,183,123
Capital markets – 3.1%
Affiliated Managers Group, Inc.	575		96,295
AlTi Global, Inc. (A)(B)	1,269		7,183
Ameriprise Financial, Inc.	1,732		759,378
Ares Management Corp., Class A	3,071		408,382
Artisan Partners Asset Management, Inc., Class A	1,162		53,185
AssetMark Financial Holdings, Inc. (A)	1,278		45,254
Associated Capital Group, Inc., Class A	130		4,252
B. Riley Financial, Inc. (B)	521		11,030
Bain Capital Specialty Finance, Inc.	569		8,922
Barings BDC, Inc.	1,343		12,490
BGC Group, Inc., Class A	6,413		49,829
BlackRock TCP Capital Corp.	1,316		13,726
BlackRock, Inc.	2,531		2,110,095
Blue Owl Capital, Inc.	7,652		144,317
Bridge Investment Group Holdings, Inc., Class A	617		4,226
Brightsphere Investment Group, Inc.	516		11,785
Capital Southwest Corp.	445		11,107
Carlyle Secured Lending, Inc.	398		6,479
Cboe Global Markets, Inc.	1,782		327,407
CME Group, Inc.	6,102		1,313,700
Cohen & Steers, Inc.	825		63,434
Coinbase Global, Inc., Class A (A)	3,223		854,482
Diamond Hill Investment Group, Inc.	65		10,021
Donnelley Financial Solutions, Inc. (A)	521		32,307
Evercore, Inc., Class A	649		124,991
FactSet Research Systems, Inc.	647		293,990
Federated Hermes, Inc.	1,473		53,205
Fidus Investment Corp.	537		10,600
Forge Global Holdings, Inc. (A)	2,990		5,771
Franklin Resources, Inc.	8,351		234,747
GCM Grosvenor, Inc., Class A	326		3,149
Gladstone Capital Corp.	801		8,595
Gladstone Investment Corp. (B)	740		10,530
Golub Capital BDC, Inc.	297		4,939
Hamilton Lane, Inc., Class A	644		72,617
Heritage Global, Inc. (A)	163		430
Houlihan Lokey, Inc.	861		110,372
Interactive Brokers Group, Inc., Class A	1,815		202,754
Intercontinental Exchange, Inc.	9,499		1,305,448
Invesco, Ltd.	7,425		123,181
Jefferies Financial Group, Inc.	3,627		159,951
KKR & Company, Inc.	14,548		1,463,238
Lazard, Inc.	1,838		76,957
LPL Financial Holdings, Inc.	1,295		342,139
MarketAxess Holdings, Inc.	638		139,882
MarketWise, Inc.	333		576
MidCap Financial Investment Corp.	512		7,700
Moelis & Company, Class A	1,086		61,652
Moody's Corp.	3,112		1,223,109
Morgan Stanley	28,099		2,645,802
Morningstar, Inc.	724		223,260
MSCI, Inc.	1,342		752,124
Nasdaq, Inc.	9,798		618,254
Northern Trust Corp.	3,495		310,775
Open Lending Corp. (A)	2,053		12,852

Total Stock Market Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Capital markets (continued)
Oppenheimer Holdings, Inc., Class A	169	$	6,746
P10, Inc., Class A	510		4,294
P10, Inc., Class B	665		5,599
Patria Investments, Ltd., Class A	804		11,931
PennantPark Floating Rate Capital, Ltd.	759		8,637
PennantPark Investment Corp.	1,644		11,311
Perella Weinberg Partners	815		11,516
Piper Sandler Companies	301		59,745
PJT Partners, Inc., Class A	382		36,007
Portman Ridge Finance Corp.	262		4,973
Raymond James Financial, Inc.	3,538		454,350
Robinhood Markets, Inc., Class A (A)	13,337		268,474
S&P Global, Inc.	5,401		2,297,855
SEI Investments Company	2,164		155,592
SLR Investment Corp.	420		6,447
State Street Corp.	5,386		416,446
Stellus Capital Investment Corp.	468		6,121
StepStone Group, Inc., Class A	1,110		39,671
Stifel Financial Corp.	1,737		135,781
StoneX Group, Inc. (A)	526		36,957
T. Rowe Price Group, Inc.	3,778		460,614
The Bank of New York Mellon Corp.	13,140		757,127
The Blackstone Group, Inc.	12,036		1,581,169
The Carlyle Group, Inc.	6,064		284,462
The Charles Schwab Corp.	30,045		2,173,455
The Goldman Sachs Group, Inc.	5,584		2,332,381
TPG, Inc.	1,243		55,562
Tradeweb Markets, Inc., Class A	1,947		202,819
TriplePoint Venture Growth BDC Corp. (B)	568		5,385
Victory Capital Holdings, Inc., Class A	1,216		51,595
Virtu Financial, Inc., Class A	1,673		34,330
Virtus Investment Partners, Inc.	128		31,741
WhiteHorse Finance, Inc. (B)	557		6,907
WisdomTree, Inc.	2,831		26,017
			28,944,893
Consumer finance – 0.6%
Ally Financial, Inc.	5,047		204,858
American Express Company	12,489		2,843,620
Atlanticus Holdings Corp. (A)	234		6,924
Bread Financial Holdings, Inc.	803		29,904
Capital One Financial Corp.	6,457		961,383
Consumer Portfolio Services, Inc. (A)	274		2,071
Credit Acceptance Corp. (A)	216		119,135
Discover Financial Services	4,239		555,691
Encore Capital Group, Inc. (A)	412		18,791
Enova International, Inc. (A)	563		35,373
EZCORP, Inc., Class A (A)	1,126		12,758
FirstCash Holdings, Inc.	788		100,502
Green Dot Corp., Class A (A)	978		9,125
Janover, Inc. (A)	196		237
Katapult Holdings, Inc. (A)	67		781
LendingClub Corp. (A)	1,736		15,259
LendingTree, Inc. (A)	258		10,924
Medallion Financial Corp.	151		1,194
MoneyLion, Inc. (A)	168		11,982
Navient Corp.	2,060		35,844
Nelnet, Inc., Class A	437		41,362
NerdWallet, Inc., Class A (A)	759		11,157
OneMain Holdings, Inc.	1,956		99,932
Oportun Financial Corp. (A)	521		1,266
PRA Group, Inc. (A)	701		18,282
PROG Holdings, Inc.	872		30,032
Regional Management Corp.	205		4,963
SLM Corp.	3,985		86,833

 

288

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Total Stock Market Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Consumer finance (continued)
SoFi Technologies, Inc. (A)(B)	16,154	$	117,924
Synchrony Financial	7,012		302,357
Upstart Holdings, Inc. (A)(B)	1,423		38,264
World Acceptance Corp. (A)	124		17,978
			5,746,706
Financial services – 4.3%
Acacia Research Corp. (A)	1,288		6,865
Affirm Holdings, Inc. (A)	4,061		151,313
Alerus Financial Corp.	116		2,532
A-Mark Precious Metals, Inc.	482		14,793
Apollo Global Management, Inc.	9,616		1,081,319
AppTech Payments Corp. (A)	347		333
AvidXchange Holdings, Inc. (A)	3,403		44,749
Banco Latinoamericano de Comercio Exterior SA, Class E	282		8,353
Berkshire Hathaway, Inc., Class A (A)	10		6,344,400
Berkshire Hathaway, Inc., Class B (A)	22,229		9,347,739
Block, Inc. (A)	9,333		789,385
Cannae Holdings, Inc. (A)	1,206		26,821
Cantaloupe, Inc. (A)	1,078		6,932
Cass Information Systems, Inc.	256		12,332
Corebridge Financial, Inc. (B)	10,621		305,141
Corpay, Inc. (A)	1,251		385,984
Enact Holdings, Inc.	2,605		81,224
Equitable Holdings, Inc.	5,745		218,367
Euronet Worldwide, Inc. (A)	845		92,891
Federal Agricultural Mortgage Corp., Class C	173		34,060
Federal National Mortgage Association (A)	1,695		2,661
Fidelity National Information Services, Inc.	10,065		746,622
Fiserv, Inc. (A)	10,343		1,653,018
Flywire Corp. (A)	2,041		50,637
Global Payments, Inc.	4,404		588,639
i3 Verticals, Inc., Class A (A)	424		9,705
International Money Express, Inc. (A)	537		12,260
Jack Henry & Associates, Inc.	1,235		214,557
Jackson Financial, Inc., Class A	1,348		89,157
LoanDepot, Inc., Class A (A)	1,079		2,795
Marqeta, Inc., Class A (A)	8,125		48,425
Mastercard, Inc., Class A	15,860		7,637,700
Merchants Bancorp	829		35,796
MGIC Investment Corp.	4,516		100,978
Mr. Cooper Group, Inc. (A)	1,103		85,979
NCR Atleos Corp. (A)	1,141		22,535
NewtekOne, Inc.	477		5,247
NMI Holdings, Inc., Class A (A)	1,463		47,313
Ocwen Financial Corp. (A)	165		4,457
PagSeguro Digital, Ltd., Class A (A)	3,424		48,895
Paymentus Holdings, Inc., Class A (A)	578		13,150
Payoneer Global, Inc. (A)	6,129		29,787
PayPal Holdings, Inc. (A)	18,638		1,248,560
Paysign, Inc. (A)	1,105		4,044
PennyMac Financial Services, Inc.	824		75,058
Radian Group, Inc.	2,549		85,315
Remitly Global, Inc. (A)	3,097		64,232
Repay Holdings Corp. (A)	1,527		16,797
Rocket Companies, Inc., Class A (A)	499		7,260
Ryvyl, Inc. (A)	102		296
Shift4 Payments, Inc., Class A (A)	956		63,163
The Western Union Company	6,144		85,893
Toast, Inc., Class A (A)	7,003		174,515
TrustCo Bank Corp. NY	400		11,264
UWM Holdings Corp.	1,321		9,590

Total Stock Market Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Financial services (continued)
Visa, Inc., Class A	27,260	$	7,607,721
Voya Financial, Inc.	1,745		128,990
Walker & Dunlop, Inc.	566		57,200
WEX, Inc. (A)	722		171,497
			40,217,241
Insurance – 2.0%
Aflac, Inc.	10,089		866,242
Ambac Financial Group, Inc. (A)	676		10,566
American Coastal Insurance Corp. (A)	797		8,520
American Equity Investment Life Holding Company (A)	1,334		74,997
American Financial Group, Inc.	1,411		192,573
American International Group, Inc.	12,062		942,887
AMERISAFE, Inc.	412		20,670
Aon PLC, Class A	3,447		1,150,333
Arch Capital Group, Ltd. (A)	6,331		585,238
Arthur J. Gallagher & Company	3,667		916,897
Assurant, Inc.	893		168,098
Assured Guaranty, Ltd.	997		86,988
Axis Capital Holdings, Ltd.	1,428		92,849
Brighthouse Financial, Inc. (A)	1,236		63,703
Brown & Brown, Inc.	4,800		420,192
BRP Group, Inc., Class A (A)	1,071		30,995
Cincinnati Financial Corp.	2,646		328,554
CNA Financial Corp.	4,553		206,797
CNO Financial Group, Inc.	2,084		57,268
Crawford & Company, Class B	843		7,646
Donegal Group, Inc., Class A	786		11,114
eHealth, Inc. (A)	490		2,955
Employers Holdings, Inc.	594		26,962
Enstar Group, Ltd. (A)	268		83,284
Erie Indemnity Company, Class A	782		314,028
Everest Group, Ltd.	732		290,970
F&G Annuities & Life, Inc.	2,114		85,723
Fidelity National Financial, Inc.	4,589		243,676
First American Financial Corp.	1,708		104,273
Genworth Financial, Inc., Class A (A)	7,613		48,952
Globe Life, Inc.	1,604		186,657
GoHealth, Inc., Class A (A)	146		1,534
Goosehead Insurance, Inc., Class A (A)	399		26,581
Hagerty, Inc., Class A (A)	1,692		15,482
HCI Group, Inc.	170		19,734
Heritage Insurance Holdings, Inc. (A)	734		7,817
Hippo Holdings, Inc. (A)	410		7,491
Horace Mann Educators Corp.	841		31,109
Investors Title Company	50		8,160
James River Group Holdings, Ltd.	559		5,199
Kemper Corp.	1,124		69,598
Kingsway Financial Services, Inc. (A)	273		2,277
Kinsale Capital Group, Inc.	393		206,223
Lemonade, Inc. (A)(B)	1,177		19,315
Lincoln National Corp.	2,877		91,863
Loews Corp.	3,748		293,431
Maiden Holdings, Ltd. (A)	1,154		2,597
Markel Group, Inc. (A)	227		345,376
Marsh & McLennan Companies, Inc.	8,381		1,726,318
MBIA, Inc. (A)	1,050		7,098
Mercury General Corp.	1,013		52,271
MetLife, Inc.	12,739		944,087
National Western Life Group, Inc., Class A	56		27,550
NI Holdings, Inc. (A)	641		9,711
Old Republic International Corp.	4,621		141,957
Oscar Health, Inc., Class A (A)	3,277		48,729
Palomar Holdings, Inc. (A)	466		39,065

 

289

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Total Stock Market Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Insurance (continued)
Primerica, Inc.	609	$	154,053
Principal Financial Group, Inc.	4,082		352,317
ProAssurance Corp. (A)	1,099		14,133
Prudential Financial, Inc.	6,106		716,844
Reinsurance Group of America, Inc.	1,098		211,782
RenaissanceRe Holdings, Ltd.	868		204,006
RLI Corp.	774		114,916
Root, Inc., Class A (A)	229		13,987
Ryan Specialty Holdings, Inc.	1,981		109,946
Safety Insurance Group, Inc.	323		26,547
Selective Insurance Group, Inc.	1,007		109,934
SelectQuote, Inc. (A)	2,755		5,510
SiriusPoint, Ltd. (A)	2,693		34,228
Skyward Specialty Insurance Group, Inc. (A)	586		21,922
Stewart Information Services Corp.	487		31,684
The Allstate Corp.	4,426		765,742
The Hanover Insurance Group, Inc.	581		79,115
The Hartford Financial Services Group, Inc.	5,106		526,173
The Progressive Corp.	9,929		2,053,516
The Travelers Companies, Inc.	3,861		888,571
Tiptree, Inc.	526		9,089
Trupanion, Inc. (A)(B)	706		19,493
United Fire Group, Inc.	546		11,886
Universal Insurance Holdings, Inc.	656		13,330
Unum Group	3,283		176,166
W.R. Berkley Corp.	4,337		383,564
White Mountains Insurance Group, Ltd.	44		78,949
			18,908,583
Mortgage real estate investment trusts – 0.1%
AG Mortgage Investment Trust, Inc.	80		490
AGNC Investment Corp.	11,114		110,029
Angel Oak Mortgage REIT, Inc.	248		2,664
Annaly Capital Management, Inc.	8,302		163,466
Apollo Commercial Real Estate Finance, Inc.	2,544		28,340
Arbor Realty Trust, Inc.	3,040		40,280
Ares Commercial Real Estate Corp.	789		5,878
ARMOUR Residential REIT, Inc.	952		18,821
Blackstone Mortgage Trust, Inc., Class A	2,768		55,111
BrightSpire Capital, Inc.	2,589		17,838
Chicago Atlantic Real Estate Finance, Inc.	109		1,719
Chimera Investment Corp.	3,772		17,389
Claros Mortgage Trust, Inc.	2,186		21,335
Dynex Capital, Inc.	611		7,607
Ellington Financial, Inc.	880		10,393
Ellington Residential Mortgage REIT	471		3,255
Franklin BSP Realty Trust, Inc.	961		12,839
Granite Point Mortgage Trust, Inc.	1,105		5,271
Great Ajax Corp.	553		2,101
Hannon Armstrong Sustainable Infrastructure Capital, Inc.	1,797		51,035
Invesco Mortgage Capital, Inc.	429		4,153
KKR Real Estate Finance Trust, Inc.	1,084		10,905
Ladder Capital Corp.	2,439		27,146
MFA Financial, Inc.	1,816		20,721
New York Mortgage Trust, Inc.	1,306		9,403
Orchid Island Capital, Inc.	563		5,028
PennyMac Mortgage Investment Trust	1,708		25,073
Ready Capital Corp.	2,537		23,163
Redwood Trust, Inc.	2,127		13,549
Rithm Capital Corp.	7,947		88,689
Starwood Property Trust, Inc.	5,131		104,313

Total Stock Market Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Mortgage real estate investment trusts (continued)
TPG RE Finance Trust, Inc.	1,656	$	12,784
Two Harbors Investment Corp.	1,453		19,238
			940,026
			127,940,572
Health care – 12.0%
Biotechnology – 2.3%
2seventy bio, Inc. (A)	861		4,606
4D Molecular Therapeutics, Inc. (A)	715		22,780
89bio, Inc. (A)	1,291		15,027
Aadi Bioscience, Inc. (A)	448		1,048
AbbVie, Inc.	29,936		5,451,346
Abeona Therapeutics, Inc. (A)	374		2,712
Absci Corp. (A)	1,544		8,770
ACADIA Pharmaceuticals, Inc. (A)	2,764		51,106
ACELYRIN, Inc. (A)	1,690		11,408
Achieve Life Sciences, Inc. (A)	340		1,545
Achillion Pharmaceuticals, Inc. (A)(C)	3,410		5,181
Acrivon Therapeutics, Inc. (A)	401		2,867
Actinium Pharmaceuticals, Inc. (A)	482		3,774
Acumen Pharmaceuticals, Inc. (A)	1,496		6,059
Acurx Pharmaceuticals, Inc. (A)	299		733
Adicet Bio, Inc. (A)	778		1,828
ADMA Biologics, Inc. (A)	3,669		24,215
Aduro Biotech, Inc. (A)(C)	312		773
Adverum Biotechnologies, Inc. (A)	172		2,432
Aeon Biopharma, Inc. (A)	613		7,111
Aerovate Therapeutics, Inc. (A)	459		13,573
Agios Pharmaceuticals, Inc. (A)	969		28,334
Akebia Therapeutics, Inc. (A)(B)	2,951		5,400
Akero Therapeutics, Inc. (A)	959		24,224
Akouos, Inc.  (A)(C)	504		912
Alaunos Therapeutics, Inc. (A)	267		483
Albireo Pharma, Inc. (A)(C)	301		647
Aldeyra Therapeutics, Inc. (A)	1,138		3,721
Alector, Inc. (A)	1,508		9,078
Alkermes PLC (A)	2,804		75,904
Allakos, Inc. (A)	1,473		1,856
Allogene Therapeutics, Inc. (A)	2,900		12,963
Alnylam Pharmaceuticals, Inc. (A)	2,127		317,880
Alpine Immune Sciences, Inc. (A)	980		38,847
Altimmune, Inc. (A)	866		8,816
ALX Oncology Holdings, Inc. (A)	836		9,321
Ambit Biosciences Corp. (A)(C)	515		278
Amgen, Inc.	9,069		2,578,498
Amicus Therapeutics, Inc. (A)	4,860		57,251
AnaptysBio, Inc. (A)	530		11,936
Anavex Life Sciences Corp. (A)(B)	1,400		7,126
Anika Therapeutics, Inc. (A)	288		7,315
Annexon, Inc. (A)	896		6,424
Annovis Bio, Inc. (A)(B)	176		2,094
Apellis Pharmaceuticals, Inc. (A)	2,000		117,560
Apogee Therapeutics, Inc. (A)(B)	622		41,332
Applied Therapeutics, Inc. (A)	1,285		8,738
Arbutus Biopharma Corp. (A)	2,618		6,754
Arcellx, Inc. (A)	817		56,822
Arcturus Therapeutics Holdings, Inc. (A)	445		15,028
Arcus Biosciences, Inc. (A)	1,293		24,412
Arcutis Biotherapeutics, Inc. (A)	1,627		16,124
Ardelyx, Inc. (A)	3,663		26,740
Arrowhead Pharmaceuticals, Inc. (A)	1,837		52,538
ARS Pharmaceuticals, Inc. (A)	1,994		20,379
Assembly Biosciences, Inc. (A)	73		971
Astria Therapeutics, Inc. (A)	629		8,853
aTyr Pharma, Inc. (A)	949		1,851
Aura Biosciences, Inc. (A)	851		6,680

 

290

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Total Stock Market Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Biotechnology (continued)
Avid Bioservices, Inc. (A)	1,088	$	7,290
Avidity Biosciences, Inc. (A)	1,272		32,461
Avita Medical, Inc. (A)	399		6,396
Avrobio, Inc. (A)	384		492
Beam Therapeutics, Inc. (A)	1,374		45,397
BioAtla, Inc. (A)	872		3,000
BioCryst Pharmaceuticals, Inc. (A)	3,365		17,094
Biogen, Inc. (A)	2,458		530,019
Biohaven, Ltd. (A)	1,362		74,488
BioMarin Pharmaceutical, Inc. (A)	3,205		279,925
Biomea Fusion, Inc. (A)(B)	602		9,000
Bioxcel Therapeutics, Inc. (A)	520		1,466
Black Diamond Therapeutics, Inc. (A)(B)	960		4,867
Blueprint Medicines Corp. (A)	1,029		97,611
Bridgebio Pharma, Inc. (A)	2,749		84,999
C4 Therapeutics, Inc. (A)	807		6,593
Cabaletta Bio, Inc. (A)	668		11,396
Capricor Therapeutics, Inc. (A)	749		5,086
Cardiff Oncology, Inc. (A)	1,316		7,027
CareDx, Inc. (A)	890		9,425
Caribou Biosciences, Inc. (A)	1,504		7,731
Carisma Therapeutics, Inc. (A)	710		1,612
Catalyst Pharmaceuticals, Inc. (A)	1,778		28,341
Celcuity, Inc. (A)	382		8,251
Celldex Therapeutics, Inc. (A)	936		39,284
CEL-SCI Corp. (A)	784		1,497
Century Therapeutics, Inc. (A)	977		4,084
Cerevel Therapeutics Holdings, Inc. (A)	3,055		129,135
Checkpoint Therapeutics, Inc. (A)	395		810
Chinook Therapeutics, Inc. (A)(C)	965		376
Cibus, Inc. (A)	331		7,434
Cogent Biosciences, Inc. (A)	1,512		10,161
Coherus Biosciences, Inc. (A)	1,807		4,319
Compass Therapeutics, Inc. (A)	2,271		4,497
Concert Pharmaceuticals, Inc. (A)(C)	1,064		394
Corbus Pharmaceuticals Holdings, Inc. (A)	70		2,747
Corvus Pharmaceuticals, Inc. (A)	733		1,305
Coya Therapeutics, Inc. (A)	129		1,280
Crinetics Pharmaceuticals, Inc. (A)	1,129		52,848
Cue Biopharma, Inc. (A)	664		1,255
Cullinan Oncology, Inc. (A)	722		12,303
Curis, Inc. (A)	100		1,087
Cyteir Therapeutics, Inc. (A)	445		1,339
Cytokinetics, Inc. (A)	1,628		114,139
CytomX Therapeutics, Inc. (A)	1,192		2,599
Day One Biopharmaceuticals, Inc. (A)	1,493		24,664
Decibel Therapeutics, Inc. (A)(C)	543		494
Deciphera Pharmaceuticals, Inc. (A)	1,351		21,251
Denali Therapeutics, Inc. (A)	2,406		49,371
DermTech, Inc. (A)	588		413
Design Therapeutics, Inc. (A)	983		3,961
DiaMedica Therapeutics, Inc. (A)	576		1,596
Dianthus Therapeutics, Inc. (A)	297		8,910
Disc Medicine, Inc. (A)	422		26,274
Dynavax Technologies Corp. (A)	2,167		26,892
Dyne Therapeutics, Inc. (A)	1,032		29,298
Eagle Pharmaceuticals, Inc. (A)	259		1,357
Editas Medicine, Inc. (A)	1,375		10,203
EFFECTOR Therapeutics, Inc. (A)	48		691
Eiger BioPharmaceuticals, Inc. (A)	29		145
Eledon Pharmaceuticals, Inc. (A)	333		686
Elicio Therapeutics, Inc. (A)	157		1,193
Emergent BioSolutions, Inc. (A)(B)	921		2,330
Enanta Pharmaceuticals, Inc. (A)	370		6,460

Total Stock Market Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Biotechnology (continued)
Entrada Therapeutics, Inc. (A)	552	$	7,822
Erasca, Inc. (A)	2,674		5,508
Exact Sciences Corp. (A)	3,073		212,221
Exelixis, Inc. (A)	5,398		128,095
Fate Therapeutics, Inc. (A)	1,685		12,368
Fennec Pharmaceuticals, Inc. (A)	338		3,759
FibroGen, Inc. (A)	1,670		3,925
Flexion Therapeutics, Inc. (A)(C)	867		684
Foghorn Therapeutics, Inc. (A)	730		4,898
Fortress Biotech, Inc. (A)	260		520
G1 Therapeutics, Inc. (A)	826		3,568
Gain Therapeutics, Inc. (A)	238		897
Genelux Corp. (A)(B)	553		3,556
Generation Bio Company (A)	1,114		4,534
Genprex, Inc. (A)	27		80
Geron Corp. (A)	8,968		29,594
Gilead Sciences, Inc.	21,124		1,547,333
GlycoMimetics, Inc. (A)	933		2,799
Greenwich Lifesciences, Inc. (A)(B)	209		4,167
Gritstone bio, Inc. (A)	1,496		3,845
GTX Corp. (A)(C)	38		0
Halozyme Therapeutics, Inc. (A)	2,283		92,872
Heron Therapeutics, Inc. (A)(B)	2,289		6,341
HilleVax, Inc. (A)	827		13,753
Humacyte, Inc. (A)	1,763		5,483
Icosavax, Inc. (A)(C)	737		228
Ideaya Biosciences, Inc. (A)	966		42,388
IGM Biosciences, Inc. (A)(B)	556		5,365
Immuneering Corp., Class A (A)	498		1,439
Immunic, Inc. (A)(B)	884		1,167
ImmunityBio, Inc. (A)(B)	7,980		42,853
Immunome, Inc. (A)(B)	718		17,720
Immunovant, Inc. (A)	2,453		79,256
Incyte Corp. (A)	3,815		217,341
Inhibrx, Inc. (A)	735		25,696
Inmune Bio, Inc. (A)	459		5,393
Inovio Pharmaceuticals, Inc. (A)	375		5,205
Inozyme Pharma, Inc. (A)	1,315		10,073
Insmed, Inc. (A)	2,459		66,713
Instil Bio, Inc. (A)	108		1,166
Intellia Therapeutics, Inc. (A)	1,551		42,668
Invivyd, Inc. (A)	1,879		8,343
Ionis Pharmaceuticals, Inc. (A)	2,436		105,601
Iovance Biotherapeutics, Inc. (A)	4,218		62,511
Ironwood Pharmaceuticals, Inc. (A)	2,657		23,142
iTeos Therapeutics, Inc. (A)	639		8,716
Janux Therapeutics, Inc. (A)	795		29,932
Jasper Therapeutics, Inc. (A)	189		5,549
Jounce Therapeutics, Inc. (A)(C)	372		3
KALA BIO, Inc. (A)	46		361
KalVista Pharmaceuticals, Inc. (A)	562		6,665
Karyopharm Therapeutics, Inc. (A)	1,953		2,949
Keros Therapeutics, Inc. (A)	504		33,365
Kiniksa Pharmaceuticals, Ltd., Class A (A)	636		12,548
Kinnate Biopharma, Inc. (A)	772		2,054
Kodiak Sciences, Inc. (A)	899		4,729
Krystal Biotech, Inc. (A)	474		84,339
Kura Oncology, Inc. (A)	1,238		26,407
Kymera Therapeutics, Inc. (A)	941		37,828
Lantern Pharma, Inc. (A)	174		1,531
Larimar Therapeutics, Inc. (A)	731		5,548
Leap Therapeutics, Inc. (A)	445		1,184
Legend Biotech Corp., ADR (A)	3,101		173,935
LENZ Therapeutics, Inc.	127		2,836

 

291

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Total Stock Market Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Biotechnology (continued)
Lexicon Pharmaceuticals, Inc. (A)(B)	4,170	$	10,008
Lyell Immunopharma, Inc. (A)	4,297		9,582
MacroGenics, Inc. (A)	1,159		17,060
Madrigal Pharmaceuticals, Inc. (A)	336		89,725
Magenta Therapeutics, Inc. (A)(C)	2,418		118
MannKind Corp. (A)	4,556		20,639
Marker Therapeutics, Inc. (A)	115		495
MEI Pharma, Inc.	30		120
MeiraGTx Holdings PLC (A)	980		5,949
Merrimack Pharmaceuticals, Inc. (A)	204		3,013
Mersana Therapeutics, Inc. (A)	2,026		9,076
MiMedx Group, Inc. (A)	1,835		14,130
Mineralys Therapeutics, Inc. (A)	721		9,308
Minerva Neurosciences, Inc. (A)	96		248
Mirati Therapeutics, Inc. (A)(C)	902		631
Mirum Pharmaceuticals, Inc. (A)	802		20,146
Moderna, Inc. (A)	6,472		689,656
Molecular Templates, Inc. (A)	89		199
Monte Rosa Therapeutics, Inc. (A)	877		6,183
Morphic Holding, Inc. (A)	824		29,005
Mural Oncology PLC (A)	277		1,355
Myriad Genetics, Inc. (A)	1,391		29,656
Natera, Inc. (A)	1,947		178,073
Neurocrine Biosciences, Inc. (A)	1,654		228,120
Neurogene, Inc. (A)	24		1,222
NextCure, Inc. (A)	542		1,209
Nkarta, Inc. (A)	800		8,648
Northwest Biotherapeutics, Inc. (A)	3,461		1,796
Novavax, Inc. (A)(B)	2,069		9,890
Nurix Therapeutics, Inc. (A)	813		11,951
Nuvalent, Inc., Class A (A)	968		72,687
Nuvectis Pharma, Inc. (A)	299		2,452
Olema Pharmaceuticals, Inc. (A)	918		10,392
Omega Therapeutics, Inc. (A)(B)	931		3,398
Omthera Pharmaceuticals, Inc. (A)(C)	498		0
Oncocyte Corp. (A)	173		507
Organogenesis Holdings, Inc. (A)	2,172		6,168
ORIC Pharmaceuticals, Inc. (A)	1,082		14,878
Ovid therapeutics, Inc. (A)	1,130		3,447
Palatin Technologies, Inc. (A)	161		301
Paratek Pharmaceuticals, Inc. (A)(C)	901		72
Pardes Biosciences, Inc. (A)(C)	703		21
PDL BioPharma, Inc. (A)(C)	1,734		1,040
PDS Biotechnology Corp. (A)(B)	567		2,245
PepGen, Inc. (A)	412		6,056
PMV Pharmaceuticals, Inc. (A)	842		1,431
Poseida Therapeutics, Inc. (A)	1,586		5,059
Praxis Precision Medicines, Inc. (A)	142		8,665
Precigen, Inc. (A)(B)	4,162		6,035
Precision BioSciences, Inc. (A)	64		868
Prelude Therapeutics, Inc. (A)	793		3,759
Prime Medicine, Inc. (A)(B)	1,737		12,159
Protagonist Therapeutics, Inc. (A)	971		28,091
Protalix BioTherapeutics, Inc. (A)	640		806
Prothena Corp. PLC (A)	935		23,160
PTC Therapeutics, Inc. (A)	1,303		37,904
Puma Biotechnology, Inc. (A)	890		4,717
Pyxis Oncology, Inc. (A)	721		3,071
Quince Therapeutics, Inc. (A)	502		532
Rallybio Corp. (A)	675		1,249
RAPT Therapeutics, Inc. (A)	543		4,876
Recursion Pharmaceuticals, Inc., Class A (A)(B)	3,544		35,334
Regeneron Pharmaceuticals, Inc. (A)	1,811		1,743,069
REGENXBIO, Inc. (A)	771		16,245

Total Stock Market Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Biotechnology (continued)
Relay Therapeutics, Inc. (A)	2,121	$	17,604
Reneo Pharmaceuticals, Inc. (A)	651		1,081
Renovaro, Inc. (A)	872		2,311
Replimune Group, Inc. (A)	1,061		8,668
REVOLUTION Medicines, Inc. (A)	2,798		90,180
Rhythm Pharmaceuticals, Inc. (A)	961		41,640
Rocket Pharmaceuticals, Inc. (A)	1,524		41,057
Sage Therapeutics, Inc. (A)	1,031		19,321
Sagimet Biosciences, Inc., Class A (A)	339		1,837
Sana Biotechnology, Inc. (A)	3,359		33,590
Sarepta Therapeutics, Inc. (A)	1,587		205,453
Savara, Inc. (A)	2,744		13,665
Scholar Rock Holding Corp. (A)	1,218		21,632
Sera Prognostics, Inc., Class A (A)	489		4,450
Soleno Therapeutics, Inc. (A)	512		21,914
Spectrum Pharmaceuticals, Inc. (A)(C)	3,285		263
Spero Therapeutics, Inc. (A)	623		1,072
SpringWorks Therapeutics, Inc. (A)	1,067		52,518
Spruce Biosciences, Inc. (A)	637		501
Spyre Therapeutics, Inc. (A)	66		2,503
Stoke Therapeutics, Inc. (A)(B)	776		10,476
Summit Therapeutics, Inc. (A)(B)	11,847		49,047
Sutro Biopharma, Inc. (A)	981		5,543
Syndax Pharmaceuticals, Inc. (A)	1,204		28,655
Synergy Pharmaceuticals, Inc. (A)(C)	6,230		18
Synlogic, Inc. (A)	149		267
Syros Pharmaceuticals, Inc. (A)	312		1,669
T2 Biosystems, Inc. (A)	66		198
Tango Therapeutics, Inc. (A)	1,722		13,673
Taysha Gene Therapies, Inc. (A)	3,194		9,167
Tenaya Therapeutics, Inc. (A)	1,121		5,863
TG Therapeutics, Inc. (A)	2,558		38,907
Tourmaline Bio, Inc.	340		7,786
Travere Therapeutics, Inc. (A)	1,310		10,100
TScan Therapeutics, Inc. (A)	712		5,653
Turnstone Biologics Corp. (A)	390		1,022
Twist Bioscience Corp. (A)	966		33,143
Tyra Biosciences, Inc. (A)(B)	734		12,038
Ultragenyx Pharmaceutical, Inc. (A)	1,410		65,833
United Therapeutics Corp. (A)	798		183,317
UNITY Biotechnology, Inc. (A)	248		407
UroGen Pharma, Ltd. (A)	500		7,500
Vanda Pharmaceuticals, Inc. (A)	1,167		4,796
Vaxart, Inc. (A)	2,636		3,427
Vaxcyte, Inc. (A)	1,596		109,023
Vera Therapeutics, Inc. (A)	752		32,426
Veracyte, Inc. (A)	1,222		27,080
Verastem, Inc. (A)	405		4,779
Vericel Corp. (A)	832		43,281
Vertex Pharmaceuticals, Inc. (A)	4,378		1,830,048
Verve Therapeutics, Inc. (A)	1,364		18,114
Vigil Neuroscience, Inc. (A)	645		2,199
Viking Therapeutics, Inc. (A)	1,690		138,580
Vir Biotechnology, Inc. (A)	2,410		24,413
Viridian Therapeutics, Inc. (A)	911		15,952
Vistagen Therapeutics, Inc. (A)	457		2,413
Vor BioPharma, Inc. (A)	1,196		2,835
Voyager Therapeutics, Inc. (A)	883		8,221
Werewolf Therapeutics, Inc. (A)	585		3,791
XBiotech, Inc. (A)	761		6,187
Xencor, Inc. (A)	1,071		23,701
XOMA Corp. (A)	228		5,483
Y-mAbs Therapeutics, Inc. (A)	807		13,122
Zentalis Pharmaceuticals, Inc. (A)	1,232		19,416
Zura Bio, Ltd. (A)(B)	1,035		2,660

 

292

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Total Stock Market Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Biotechnology (continued)
Zymeworks, Inc. (A)	1,104	$	11,614
			21,338,410
Health care equipment and supplies – 2.3%
Abbott Laboratories	29,445		3,346,719
ABIOMED, Inc. (A)(C)	788		12,230
Accuray, Inc. (A)	2,141		5,288
Align Technology, Inc. (A)	1,299		425,968
Alphatec Holdings, Inc. (A)	2,297		31,676
AngioDynamics, Inc. (A)	735		4,314
Apyx Medical Corp. (A)	740		1,006
Artivion, Inc. (A)	737		15,595
Aspira Women's Health, Inc. (A)	162		502
AtriCure, Inc. (A)	800		24,336
Atrion Corp.	32		14,834
Avanos Medical, Inc. (A)	804		16,008
Axogen, Inc. (A)	823		6,642
Axonics, Inc. (A)	850		58,625
Baxter International, Inc.	8,598		367,479
Becton, Dickinson and Company	4,926		1,218,939
Beyond Air, Inc. (A)	614		1,068
Bioventus, Inc., Class A (A)(B)	1,009		5,247
Boston Scientific Corp. (A)	24,849		1,701,908
Cerus Corp. (A)	3,177		6,005
ClearPoint Neuro, Inc. (A)	363		2,468
CONMED Corp.	520		41,642
Cutera, Inc. (A)(B)	347		510
CVRx, Inc. (A)	326		5,936
DarioHealth Corp. (A)	447		684
Delcath Systems, Inc. (A)	320		1,526
Dentsply Sirona, Inc.	3,567		118,389
DexCom, Inc. (A)	6,582		912,923
Edwards Lifesciences Corp. (A)	10,335		987,613
ElectroCore, Inc. (A)	52		321
Embecta Corp.	968		12,845
Enovis Corp. (A)	891		55,643
Envista Holdings Corp. (A)	2,794		59,736
enVVeno Medical Corp. (A)	204		1,110
Establishment Labs Holdings, Inc. (A)	447		22,752
GE HealthCare Technologies, Inc.	7,717		701,552
Glaukos Corp. (A)	820		77,318
Globus Medical, Inc., Class A (A)	1,963		105,295
Haemonetics Corp. (A)	850		72,548
HeartBeam, Inc. (A)	446		972
Hologic, Inc. (A)	4,164		324,625
ICU Medical, Inc. (A)	418		44,860
IDEXX Laboratories, Inc. (A)	1,408		760,221
Inari Medical, Inc. (A)	982		47,116
Inogen, Inc. (A)	441		3,559
Inspire Medical Systems, Inc. (A)	500		107,395
Insulet Corp. (A)	1,189		203,795
Integer Holdings Corp. (A)	553		64,524
Integra LifeSciences Holdings Corp. (A)	1,356		48,070
Intuitive Surgical, Inc. (A)	5,959		2,378,177
iRadimed Corp.	243		10,690
iRhythm Technologies, Inc. (A)	517		59,972
KORU Medical Systems, Inc. (A)	567		1,338
Lantheus Holdings, Inc. (A)	1,168		72,696
LeMaitre Vascular, Inc.	393		26,079
LENSAR, Inc. (A)	125		444
Masimo Corp. (A)	900		132,165
Medtronic PLC	22,561		1,966,191
Merit Medical Systems, Inc. (A)	960		72,720
Monogram Orthopaedics, Inc. (A)	528		1,288
Neogen Corp. (A)	3,697		58,339
Neuraxis, Inc. (A)	71		222

Total Stock Market Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Health care equipment and supplies (continued)
Neuronetics, Inc. (A)	550	$	2,618
Nevro Corp. (A)	613		8,852
Omnicell, Inc. (A)	782		22,858
OraSure Technologies, Inc. (A)	1,347		8,284
Orchestra BioMed Holdings, Inc. (A)	748		3,942
Orthofix Medical, Inc. (A)	633		9,191
OrthoPediatrics Corp. (A)	377		10,993
Outset Medical, Inc. (A)	844		1,874
Paragon 28, Inc. (A)	1,420		17,537
PAVmed, Inc. (A)	182		389
Penumbra, Inc. (A)	653		145,737
PROCEPT BioRobotics Corp. (A)	841		41,562
Pulmonx Corp. (A)	589		5,460
Pulse Biosciences, Inc. (A)(B)	909		7,917
QuidelOrtho Corp. (A)	1,148		55,035
ResMed, Inc.	2,501		495,273
Rockwell Medical, Inc. (A)	415		689
RxSight, Inc. (A)	587		30,277
Sanara Medtech, Inc. (A)	119		4,403
Semler Scientific, Inc. (A)	99		2,892
Senseonics Holdings, Inc. (A)(B)	7,349		3,903
Sensus Healthcare, Inc. (A)	215		817
Shockwave Medical, Inc. (A)	625		203,519
SI-BONE, Inc. (A)	661		10,821
Sight Sciences, Inc. (A)	825		4,356
Silk Road Medical, Inc. (A)	670		12,274
STAAR Surgical Company (A)	837		32,040
Stereotaxis, Inc. (A)	1,565		4,085
STERIS PLC	1,678		377,248
Stryker Corp.	6,443		2,305,756
Surmodics, Inc. (A)	278		8,157
Tactile Systems Technology, Inc. (A)	415		6,744
Tandem Diabetes Care, Inc. (A)	1,127		39,907
Tela Bio, Inc. (A)	405		2,296
Teleflex, Inc.	795		179,805
The Cooper Companies, Inc.	3,361		341,007
TransMedics Group, Inc. (A)	553		40,889
Treace Medical Concepts, Inc. (A)	1,079		14,081
UFP Technologies, Inc. (A)	126		31,777
Utah Medical Products, Inc.	74		5,262
Varex Imaging Corp. (A)	707		12,797
Zimmer Biomet Holdings, Inc.	3,546		468,001
Zimvie, Inc. (A)	404		6,662
Zynex, Inc. (A)(B)	511		6,321
			21,824,966
Health care providers and services – 2.4%
Acadia Healthcare Company, Inc. (A)	1,560		123,583
Accolade, Inc. (A)	1,277		13,383
Aceto Corp. (A)(C)	853		0
AdaptHealth Corp. (A)	2,403		27,659
Addus HomeCare Corp. (A)	281		29,039
Agiliti, Inc. (A)	2,333		23,610
agilon health, Inc. (A)	7,015		42,792
AirSculpt Technologies, Inc. (A)	881		5,409
Alignment Healthcare, Inc. (A)	3,205		15,897
Amedisys, Inc. (A)	548		50,504
AMN Healthcare Services, Inc. (A)	695		43,444
Astrana Health, Inc. (A)	958		40,226
Brookdale Senior Living, Inc. (A)	3,457		22,851
Cardinal Health, Inc.	4,242		474,680
CareMax, Inc. (A)	70		337
Castle Biosciences, Inc. (A)	455		10,078
Cencora, Inc.	3,410		828,596
Centene Corp. (A)	9,174		719,976
Chemed Corp.	254		163,050

 

293

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Total Stock Market Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Health care providers and services (continued)
Clover Health Investments Corp. (A)	6,044	$	4,799
Community Health Systems, Inc. (A)	2,429		8,502
CorVel Corp. (A)	295		77,573
Cross Country Healthcare, Inc. (A)	655		12,262
CVS Health Corp.	21,788		1,737,811
DaVita, Inc. (A)	1,547		213,563
DocGo, Inc. (A)	1,746		7,054
Elevance Health, Inc.	3,992		2,070,012
Encompass Health Corp.	1,674		138,239
Enhabit, Inc. (A)	900		10,485
Enzo Biochem, Inc. (A)	594		754
Fulgent Genetics, Inc. (A)	516		11,197
GeneDx Holdings Corp. (A)	445		4,063
Guardant Health, Inc. (A)	2,029		41,858
HCA Healthcare, Inc.	4,613		1,538,574
HealthEquity, Inc. (A)	1,442		117,710
Henry Schein, Inc. (A)	2,227		168,183
Hims & Hers Health, Inc. (A)	3,393		52,490
Humana, Inc.	2,107		730,539
InfuSystem Holdings, Inc. (A)	218		1,868
Innovage Holding Corp. (A)(B)	1,986		8,818
Laboratory Corp. of America Holdings	1,502		328,127
LifeStance Health Group, Inc. (A)(B)	6,474		39,945
McKesson Corp.	2,291		1,229,923
ModivCare, Inc. (A)	241		5,651
Molina Healthcare, Inc. (A)	986		405,078
National HealthCare Corp.	278		26,274
National Research Corp.	430		17,032
NeoGenomics, Inc. (A)	2,205		34,663
NeueHealth, Inc. (A)(B)	128		832
OPKO Health, Inc. (A)(B)	12,549		15,059
Option Care Health, Inc. (A)	3,066		102,834
Owens & Minor, Inc. (A)	1,286		35,635
P3 Health Partners, Inc. (A)	3,038		3,129
Patterson Companies, Inc.	1,615		44,655
Pediatrix Medical Group, Inc. (A)	1,428		14,323
PetIQ, Inc. (A)	575		10,511
Premier, Inc., Class A	1,942		42,918
Privia Health Group, Inc. (A)	1,990		38,984
Progyny, Inc. (A)	1,621		61,841
Quest Diagnostics, Inc.	1,909		254,107
Quipt Home Medical Corp. (A)	511		2,233
R1 RCM, Inc. (A)	7,230		93,122
RadNet, Inc. (A)	1,119		54,451
Select Medical Holdings Corp.	2,135		64,370
Surgery Partners, Inc. (A)	2,157		64,343
Talkspace, Inc. (A)	2,638		9,418
Tenet Healthcare Corp. (A)	1,713		180,053
The Cigna Group	5,020		1,823,214
The Ensign Group, Inc.	941		117,079
The Joint Corp. (A)	267		3,487
The Oncology Institute, Inc. (A)	1,196		1,890
The Pennant Group, Inc. (A)	570		11,189
UnitedHealth Group, Inc.	15,717		7,775,200
Universal Health Services, Inc., Class B	1,046		190,853
US Physical Therapy, Inc.	238		26,863
Viemed Healthcare, Inc. (A)	434		4,093
			22,724,847
Health care technology – 0.1%
American Well Corp., Class A (A)	4,289		3,477
Augmedix, Inc. (A)	710		2,904
Certara, Inc. (A)	2,704		48,348
Definitive Healthcare Corp. (A)	1,920		15,494
Doximity, Inc., Class A (A)	2,128		57,264
Evolent Health, Inc., Class A (A)	1,913		62,727

Total Stock Market Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Health care technology (continued)
GoodRx Holdings, Inc., Class A (A)	1,394	$	9,897
Health Catalyst, Inc. (A)	904		6,807
HealthStream, Inc.	552		14,716
iCAD, Inc. (A)	352		567
ICoreConnect, Inc. (A)	84		102
LifeMD, Inc. (A)	546		5,613
MultiPlan Corp. (A)	10,977		8,905
OptimizeRx Corp. (A)	244		2,965
Phreesia, Inc. (A)	903		21,609
Schrodinger, Inc. (A)	1,079		29,133
Sharecare, Inc. (A)	5,224		4,009
Simulations Plus, Inc.	363		14,937
Teladoc Health, Inc. (A)	2,846		42,975
TruBridge, Inc. (A)	291		2,683
Veeva Systems, Inc., Class A (A)	2,474		573,201
			928,333
Life sciences tools and services – 1.4%
10X Genomics, Inc., Class A (A)	1,759		66,015
Adaptive Biotechnologies Corp. (A)	2,555		8,202
Agilent Technologies, Inc.	4,970		723,185
Akoya Biosciences, Inc. (A)	830		3,893
Avantor, Inc. (A)	11,498		294,004
Azenta, Inc. (A)	1,150		69,322
BioLife Solutions, Inc. (A)	730		13,542
Bionano Genomics, Inc. (A)	605		672
Bio-Rad Laboratories, Inc., Class A (A)	411		142,153
Bio-Techne Corp.	2,692		189,490
Bruker Corp.	2,494		234,286
Charles River Laboratories International, Inc. (A)	870		235,727
Codexis, Inc. (A)	1,214		4,237
CryoPort, Inc. (A)	834		14,762
Cytek Biosciences, Inc. (A)	2,311		15,507
Danaher Corp.	12,532		3,129,491
Fortrea Holdings, Inc. (A)	1,511		60,652
Harvard Bioscience, Inc. (A)	517		2,192
ICON PLC (A)	1,392		467,642
Illumina, Inc. (A)	2,692		369,665
Inotiv, Inc. (A)	446		4,879
IQVIA Holdings, Inc. (A)	3,106		785,476
Lifecore Biomedical, Inc. (A)	729		3,871
Maravai LifeSciences Holdings, Inc., Class A (A)	2,244		19,455
MaxCyte, Inc. (A)	1,678		7,031
Medpace Holdings, Inc. (A)	517		208,946
Mesa Laboratories, Inc.	96		10,534
Mettler-Toledo International, Inc. (A)	371		493,909
Nautilus Biotechnology, Inc. (A)	2,013		5,918
OmniAb, Inc. (A)	1,889		10,238
OmniAb, Inc., $12.50 Earnout Shares (A)(C)	117		0
OmniAb, Inc., $15.00 Earnout Shares (A)(C)	117		0
Pacific Biosciences of California, Inc. (A)	4,332		16,245
Personalis, Inc. (A)	1,303		1,941
Quanterix Corp. (A)	625		14,725
Quantum-Si, Inc. (A)	2,027		3,993
Repligen Corp. (A)	947		174,172
Revvity, Inc.	2,114		221,970
Seer, Inc. (A)	1,002		1,904
Sotera Health Company (A)	4,811		57,780
Standard BioTools, Inc. (A)	4,815		13,049
Thermo Fisher Scientific, Inc.	6,551		3,807,507
Waters Corp. (A)	1,002		344,918

 

294

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Total Stock Market Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Life sciences tools and services (continued)
West Pharmaceutical Services, Inc.	1,255	$	496,616
			12,749,716
Pharmaceuticals – 3.5%
Alexza Pharmaceuticals, Inc. (A)(C)	2,067		72
Amneal Pharmaceuticals, Inc. (A)	3,150		19,089
Amphastar Pharmaceuticals, Inc. (A)	893		39,212
Amylyx Pharmaceuticals, Inc. (A)	1,159		3,292
AN2 Therapeutics, Inc. (A)	460		1,495
ANI Pharmaceuticals, Inc. (A)	326		22,536
Aquestive Therapeutics, Inc. (A)	894		3,808
Arvinas, Inc. (A)	912		37,647
Atea Pharmaceuticals, Inc. (A)	1,534		6,197
Athira Pharma, Inc. (A)	1,185		3,247
Axsome Therapeutics, Inc. (A)	800		63,840
Biote Corp., Class A (A)	526		3,051
Bristol-Myers Squibb Company	35,418		1,920,718
Cassava Sciences, Inc. (A)(B)	714		14,487
Catalent, Inc. (A)	3,061		172,793
CinCor Pharma, Inc. (A)(C)	708		2,166
Clearside Biomedical, Inc. (A)	948		1,450
Cognition Therapeutics, Inc. (A)	866		1,576
Collegium Pharmaceutical, Inc. (A)	620		24,068
Corcept Therapeutics, Inc. (A)	1,839		46,324
CorMedix, Inc. (A)	845		3,583
Edgewise Therapeutics, Inc. (A)	1,069		19,499
Elanco Animal Health, Inc. (A)	8,318		135,417
Eli Lilly & Company	16,101		12,525,934
Enliven Therapeutics, Inc. (A)	818		14,389
Esperion Therapeutics, Inc. (A)	1,768		4,738
Eton Pharmaceuticals, Inc. (A)	300		1,125
Evolus, Inc. (A)	1,113		15,582
Eyenovia, Inc. (A)	1,231		1,214
EyePoint Pharmaceuticals, Inc. (A)	585		12,092
Fulcrum Therapeutics, Inc. (A)	1,161		10,960
Gemini Therapeutics Sub, Inc. (A)(C)	246		0
Harmony Biosciences Holdings, Inc. (A)	1,014		34,050
Harrow, Inc. (A)	586		7,753
Hepion Pharmaceuticals, Inc. (A)	50		125
Ikena Oncology, Inc. (A)	848		1,204
Imara, Inc.  (A)(C)	411		132
Innoviva, Inc. (A)	1,280		19,507
Intra-Cellular Therapies, Inc. (A)	1,640		113,488
Jazz Pharmaceuticals PLC (A)	1,070		128,849
Johnson & Johnson	40,846		6,461,429
Ligand Pharmaceuticals, Inc. (A)	308		22,515
Liquidia Corp. (A)	1,075		15,856
Longboard Pharmaceuticals, Inc. (A)(B)	374		8,078
Lyra Therapeutics, Inc. (A)	785		4,883
Marinus Pharmaceuticals, Inc. (A)	833		7,530
Merck & Company, Inc.	43,036		5,678,600
Mind Medicine MindMed, Inc. (A)	624		5,866
NGM Biopharmaceuticals, Inc. (A)	1,405		2,234
Nuvation Bio, Inc. (A)	3,502		12,747
Ocular Therapeutix, Inc. (A)	1,353		12,312
Ocuphire Pharma, Inc. (A)	241		484
Omeros Corp. (A)(B)	1,206		4,161
Opiant Pharmaceuticals, Inc. (A)(C)	87		57
Optinose, Inc. (A)	2,082		3,040
Oramed Pharmaceuticals, Inc. (A)	697		2,035
Organon & Company	4,285		80,558
Pacira BioSciences, Inc. (A)	796		23,259
Palisade Bio, Inc. (A)(C)	9,919		0
Perrigo Company PLC	2,220		71,462
Pfizer, Inc.	95,806		2,658,617
Phathom Pharmaceuticals, Inc. (A)(B)	985		10,461

Total Stock Market Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Pharmaceuticals (continued)
Phibro Animal Health Corp., Class A	463	$	5,987
Pliant Therapeutics, Inc. (A)	1,016		15,138
Prestige Consumer Healthcare, Inc. (A)	818		59,354
Prevail Therapeutics, Inc. (A)(C)	788		1,516
ProPhase Labs, Inc. (A)	285		1,844
Rani Therapeutics Holdings, Inc., Class A (A)(B)	594		1,847
Relmada Therapeutics, Inc. (A)	519		2,413
Revance Therapeutics, Inc. (A)	1,537		7,562
Reviva Pharmaceuticals Holdings, Inc. (A)	461		1,743
Royalty Pharma PLC, Class A	7,591		230,539
Scilex Holding Company (A)	2,556		4,064
scPharmaceuticals, Inc. (A)	586		2,942
SCYNEXIS, Inc. (A)	751		1,104
SIGA Technologies, Inc.	1,287		11,017
Structure Therapeutics, Inc., ADR (A)	787		33,731
Supernus Pharmaceuticals, Inc. (A)	932		31,791
Tarsus Pharmaceuticals, Inc. (A)	542		19,702
Terns Pharmaceuticals, Inc. (A)	1,201		7,879
TherapeuticsMD, Inc. (A)	165		378
Theravance Biopharma, Inc. (A)	758		6,799
Theseus Pharmaceuticals, Inc. (A)(C)	652		7
Third Harmonic Bio, Inc. (A)	639		6,032
Tilray Brands, Inc. (A)(B)	12,050		29,764
Tobira Therapeutics, Inc. (A)(C)	609		0
Trevi Therapeutics, Inc. (A)	1,105		3,812
Ventyx Biosciences, Inc. (A)	1,023		5,627
Verrica Pharmaceuticals, Inc. (A)(B)	866		5,127
Viatris, Inc.	20,118		240,209
Xeris Biopharma Holdings, Inc. (A)	3,057		6,756
Zevra Therapeutics, Inc. (A)	632		3,666
Zoetis, Inc.	7,807		1,321,022
			32,592,265
			112,158,537
Industrials – 9.7%
Aerospace and defense – 1.5%
AAR Corp. (A)	646		38,676
AeroVironment, Inc. (A)	442		67,750
AerSale Corp. (A)	861		6,182
Archer Aviation, Inc., Class A (A)(B)	4,319		19,954
Astra Space, Inc. (A)	339		231
Astronics Corp. (A)	623		11,862
Axon Enterprise, Inc. (A)	1,267		396,419
BWX Technologies, Inc.	1,520		155,982
Byrna Technologies, Inc. (A)	353		4,917
Cadre Holdings, Inc.	590		21,358
Curtiss-Wright Corp.	632		161,754
Ducommun, Inc. (A)	264		13,543
General Dynamics Corp.	4,626		1,306,799
HEICO Corp.	909		173,619
HEICO Corp., Class A	1,447		222,751
Hexcel Corp.	1,418		103,301
Howmet Aerospace, Inc.	6,966		476,683
Huntington Ingalls Industries, Inc.	663		193,245
Intuitive Machines, Inc. (A)	360		2,250
Kaman Corp.	551		25,274
Kratos Defense & Security Solutions, Inc. (A)	2,288		42,053
L3Harris Technologies, Inc.	3,204		682,772
Leonardo DRS, Inc. (A)	4,455		98,411
Lockheed Martin Corp.	4,271		1,942,750
Mercury Systems, Inc. (A)	994		29,323
Moog, Inc., Class A	507		80,943
National Presto Industries, Inc.	159		13,324

 

295

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Total Stock Market Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Aerospace and defense (continued)
Northrop Grumman Corp.	2,569	$	1,229,678
Park Aerospace Corp.	423		7,034
Redwire Corp. (A)	1,008		4,425
Rocket Lab USA, Inc. (A)(B)	8,261		33,953
RTX Corp.	24,692		2,408,211
Spirit AeroSystems Holdings, Inc., Class A (A)	1,968		70,986
Textron, Inc.	3,330		319,447
The Boeing Company (A)	10,237		1,975,639
TransDigm Group, Inc.	934		1,150,314
Triumph Group, Inc. (A)	1,249		18,785
V2X, Inc. (A)	533		24,896
Virgin Galactic Holdings, Inc. (A)(B)	6,943		10,276
VirTra, Inc. (A)	87		894
Woodward, Inc.	1,012		155,969
			13,702,633
Air freight and logistics – 0.4%
Air T, Inc. (A)	25		555
Air Transport Services Group, Inc. (A)	1,275		17,544
CH Robinson Worldwide, Inc.	1,985		151,138
Expeditors International of Washington, Inc.	2,512		305,384
FedEx Corp.	4,264		1,235,451
Forward Air Corp.	458		14,248
GXO Logistics, Inc. (A)	2,027		108,972
Hub Group, Inc., Class A	1,092		47,196
Radiant Logistics, Inc. (A)	347		1,881
United Parcel Service, Inc., Class B	12,274		1,824,285
			3,706,654
Building products – 0.7%
A.O. Smith Corp.	2,073		185,451
AAON, Inc.	1,373		120,961
Advanced Drainage Systems, Inc.	1,332		229,424
Allegion PLC	1,472		198,293
American Woodmark Corp. (A)	296		30,091
Apogee Enterprises, Inc.	449		26,581
Armstrong World Industries, Inc.	763		94,780
AZZ, Inc.	475		36,722
Builders FirstSource, Inc. (A)	2,111		440,249
Carlisle Companies, Inc.	844		330,721
Carrier Global Corp.	14,207		825,853
CSW Industrials, Inc.	278		65,219
Fortune Brands Innovations, Inc.	2,115		179,077
Gibraltar Industries, Inc. (A)	573		46,144
Griffon Corp.	992		72,753
Hayward Holdings, Inc. (A)	3,667		56,142
Insteel Industries, Inc.	385		14,715
Janus International Group, Inc. (A)	2,375		35,934
JELD-WEN Holding, Inc. (A)	1,496		31,760
Johnson Controls International PLC	11,537		753,597
Lennox International, Inc.	595		290,812
Masco Corp.	3,765		296,983
Masonite International Corp. (A)	363		47,716
Masterbrand, Inc. (A)	2,215		41,509
Owens Corning	1,502		250,534
Quanex Building Products Corp.	554		21,290
Resideo Technologies, Inc. (A)	2,467		55,310
Simpson Manufacturing Company, Inc.	724		148,550
The AZEK Company, Inc. (A)	2,505		125,801
Trane Technologies PLC	3,866		1,160,573
Trex Company, Inc. (A)	1,837		183,241
UFP Industries, Inc.	1,020		125,470
View, Inc. (A)	56		64

Total Stock Market Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Building products (continued)
Zurn Elkay Water Solutions Corp.	2,904	$	97,197
			6,619,517
Commercial services and supplies – 0.8%
ABM Industries, Inc.	1,114		49,707
ACCO Brands Corp.	1,727		9,688
Acme United Corp.	14		658
ACV Auctions, Inc., Class A (A)	2,281		42,814
Aris Water Solutions, Inc., Class A	373		5,278
Brady Corp., Class A	813		48,195
BrightView Holdings, Inc. (A)	1,734		20,635
Casella Waste Systems, Inc., Class A (A)	964		95,311
CECO Environmental Corp. (A)	691		15,907
Cimpress PLC (A)	435		38,502
Cintas Corp.	1,721		1,182,379
Civeo Corp.	160		4,296
Clean Harbors, Inc. (A)	910		183,192
CompX International, Inc.	141		4,836
Copart, Inc. (A)	16,282		943,053
CoreCivic, Inc. (A)	2,098		32,750
Deluxe Corp.	765		15,751
Driven Brands Holdings, Inc. (A)	3,061		48,333
Ennis, Inc.	447		9,168
Enviri Corp. (A)	1,442		13,194
Healthcare Services Group, Inc. (A)	1,315		16,411
HNI Corp.	821		37,052
Interface, Inc.	1,138		19,141
Liquidity Services, Inc. (A)	635		11,811
Matthews International Corp., Class A	551		17,125
MillerKnoll, Inc.	1,294		32,039
Montrose Environmental Group, Inc. (A)	505		19,781
MSA Safety, Inc.	660		127,769
NL Industries, Inc.	1,028		7,535
Odyssey Marine Exploration, Inc. (A)	239		911
OPENLANE, Inc. (A)	1,993		34,479
Performant Financial Corp. (A)	988		2,905
Perma-Fix Environmental Services, Inc. (A)	145		1,724
Pitney Bowes, Inc.	3,034		13,137
Quad/Graphics, Inc.	985		5,230
Quest Resource Holding Corp. (A)	208		1,785
RB Global, Inc.	3,094		235,670
Republic Services, Inc.	5,334		1,021,141
Rollins, Inc.	8,350		386,355
SP Plus Corp. (A)	371		19,374
Steelcase, Inc., Class A	1,640		21,451
Stericycle, Inc. (A)	1,551		81,815
Tetra Tech, Inc.	902		166,608
The Brink's Company	790		72,980
The GEO Group, Inc. (A)	2,079		29,355
UniFirst Corp.	249		43,184
Veralto Corp.	4,165		369,269
Vestis Corp.	2,171		41,835
Viad Corp. (A)	380		15,006
VSE Corp.	270		21,600
Waste Management, Inc.	6,874		1,465,193
			7,103,318
Construction and engineering – 0.3%
AECOM	2,315		227,055
Ameresco, Inc., Class A (A)	589		14,213
API Group Corp. (A)	3,887		152,642
Arcosa, Inc.	836		71,779
Argan, Inc.	313		15,819
Bowman Consulting Group, Ltd. (A)	196		6,819
Comfort Systems USA, Inc.	610		193,803
Concrete Pumping Holdings, Inc. (A)	739		5,838

 

296

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Total Stock Market Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Construction and engineering (continued)
Construction Partners, Inc., Class A (A)	756	$	42,449
Dycom Industries, Inc. (A)	494		70,904
EMCOR Group, Inc.	787		275,607
Emeren Group, Ltd. (A)	836		1,613
Fluor Corp. (A)	2,847		120,371
Granite Construction, Inc.	774		44,219
Great Lakes Dredge & Dock Corp. (A)	1,412		12,355
IES Holdings, Inc. (A)	416		50,602
Limbach Holdings, Inc. (A)	147		6,089
MasTec, Inc. (A)	1,343		125,235
Matrix Service Company (A)	644		8,391
MDU Resources Group, Inc.	3,302		83,210
MYR Group, Inc. (A)	310		54,793
Northwest Pipe Company (A)	240		8,323
Orion Group Holdings, Inc. (A)	363		2,977
Primoris Services Corp.	1,003		42,698
Quanta Services, Inc.	2,455		637,809
Sterling Infrastructure, Inc. (A)	579		63,869
Tutor Perini Corp. (A)	1,033		14,937
Valmont Industries, Inc.	352		80,355
WillScot Mobile Mini Holdings Corp. (A)	3,453		160,565
			2,595,339
Electrical equipment – 0.7%
Acuity Brands, Inc.	522		140,277
Allient, Inc.	303		10,811
American Superconductor Corp. (A)	626		8,457
AMETEK, Inc.	3,910		715,139
Amprius Technologies, Inc. (A)(B)	1,853		4,910
Array Technologies, Inc. (A)	2,578		38,438
Atkore, Inc.	631		120,117
Babcock & Wilcox Enterprises, Inc. (A)	1,546		1,747
Beam Global (A)	239		1,625
Blink Charging Company (A)(B)	1,091		3,284
Bloom Energy Corp., Class A (A)(B)	3,596		40,419
Broadwind, Inc. (A)	205		488
ChargePoint Holdings, Inc. (A)(B)	6,273		11,919
Eaton Corp. PLC	6,759		2,113,404
Emerson Electric Company	9,697		1,099,834
Encore Wire Corp.	319		83,827
Energy Vault Holdings, Inc. (A)(B)	2,476		4,432
EnerSys	698		65,933
Enovix Corp. (A)(B)	2,749		22,019
Eos Energy Enterprises, Inc. (A)(B)	3,842		3,957
Fluence Energy, Inc. (A)	2,005		34,767
Flux Power Holdings, Inc. (A)	204		904
FuelCell Energy, Inc. (A)(B)	7,872		9,368
Generac Holdings, Inc. (A)	1,056		133,204
GrafTech International, Ltd.	4,298		5,931
Hubbell, Inc.	905		375,620
Ideal Power, Inc. (A)	111		988
LSI Industries, Inc.	372		5,625
Net Power, Inc. (A)(B)	1,251		14,249
NEXTracker, Inc., Class A (A)	2,333		131,278
NuScale Power Corp. (A)(B)	1,329		7,057
nVent Electric PLC	2,760		208,104
Pioneer Power Solutions, Inc. (A)	53		303
Plug Power, Inc. (A)(B)	10,473		36,027
Powell Industries, Inc.	230		32,729
Preformed Line Products Company	95		12,224
Regal Rexnord Corp.	1,125		202,613
Rockwell Automation, Inc.	1,946		566,928
Sensata Technologies Holding PLC	2,560		94,054
SES AI Corp. (A)(B)	5,398		9,069

Total Stock Market Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Electrical equipment (continued)
Shoals Technologies Group, Inc., Class A (A)	2,890	$	32,310
SKYX Platforms Corp. (A)	1,636		2,143
Stem, Inc. (A)(B)	2,685		5,880
SunPower Corp. (A)(B)	3,027		9,081
Sunrun, Inc. (A)	3,725		49,096
Thermon Group Holdings, Inc. (A)	624		20,417
Tigo Energy, Inc. (A)	1,635		1,749
TPI Composites, Inc. (A)(B)	773		2,249
Ultralife Corp. (A)	163		1,436
Vertiv Holdings Company, Class A	6,444		526,281
Vicor Corp. (A)	559		21,376
			7,044,097
Ground transportation – 1.1%
ArcBest Corp.	422		60,135
Avis Budget Group, Inc.	656		80,334
Covenant Logistics Group, Inc.	203		9,411
CSX Corp.	34,058		1,262,530
Daseke, Inc. (A)	1,160		9,628
FTAI Infrastructure, Inc.	1,753		11,009
Heartland Express, Inc.	1,446		17,265
Hertz Global Holdings, Inc. (A)	5,318		41,640
JB Hunt Transport Services, Inc.	1,752		349,086
Knight-Swift Transportation Holdings, Inc.	2,726		149,985
Landstar System, Inc.	594		114,499
Lyft, Inc., Class A (A)	6,411		124,053
Marten Transport, Ltd.	1,419		26,223
Norfolk Southern Corp.	3,852		981,759
Old Dominion Freight Line, Inc.	3,710		813,640
PAM Transportation Services, Inc. (A)	403		6,533
RXO, Inc. (A)	1,946		42,559
Ryder System, Inc.	744		89,421
Saia, Inc. (A)	449		262,665
Schneider National, Inc., Class B	1,620		36,677
Uber Technologies, Inc. (A)	34,650		2,667,704
U-Haul Holding Company (A)	333		22,491
U-Haul Holding Company, Series N	2,999		199,973
Union Pacific Corp.	10,339		2,542,670
Universal Logistics Holdings, Inc.	464		17,108
Werner Enterprises, Inc.	980		38,338
XPO, Inc. (A)	1,961		239,301
			10,216,637
Industrial conglomerates – 0.7%
3M Company	9,351		991,861
General Electric Company	18,445		3,237,651
Honeywell International, Inc.	11,268		2,312,757
			6,542,269
Machinery – 1.9%
374Water, Inc. (A)	2,365		2,980
3D Systems Corp. (A)	2,231		9,906
AGCO Corp.	1,239		152,422
Alamo Group, Inc.	213		48,634
Albany International Corp., Class A	524		48,999
Allison Transmission Holdings, Inc.	1,466		118,981
Astec Industries, Inc.	412		18,009
Barnes Group, Inc.	889		33,026
Blue Bird Corp. (A)	511		19,592
Caterpillar, Inc.	8,646		3,168,154
Chart Industries, Inc. (A)	728		119,916
Columbus McKinnon Corp.	532		23,743
Commercial Vehicle Group, Inc. (A)	752		4,835
Crane Company	950		128,374
Cummins, Inc.	2,402		707,749

 

297

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Total Stock Market Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Machinery (continued)
Deere & Company	4,887	$	2,007,286
Donaldson Company, Inc.	1,997		149,136
Douglas Dynamics, Inc.	425		10,251
Dover Corp.	2,365		419,054
Energy Recovery, Inc. (A)	1,056		16,674
Enerpac Tool Group Corp.	1,011		36,052
Enpro, Inc.	363		61,264
Esab Corp.	1,001		110,681
ESCO Technologies, Inc.	443		47,423
Federal Signal Corp.	1,034		87,756
Flowserve Corp.	2,207		100,816
Fortive Corp.	5,972		513,711
Franklin Electric Company, Inc.	783		83,632
Gates Industrial Corp. PLC (A)	4,677		82,830
Gencor Industries, Inc. (A)	339		5,658
Graco, Inc.	2,846		265,987
Graham Corp. (A)	310		8,457
Helios Technologies, Inc.	569		25,429
Hillenbrand, Inc.	1,194		60,046
Hillman Solutions Corp. (A)	3,141		33,420
Hurco Companies, Inc.	183		3,689
Hyliion Holdings Corp. (A)	3,087		5,433
Hyster-Yale Materials Handling, Inc.	272		17,454
IDEX Corp.	1,288		314,298
Illinois Tool Works, Inc.	5,126		1,375,460
Ingersoll Rand, Inc.	6,858		651,167
ITT, Inc.	1,359		184,865
John Bean Technologies Corp.	542		56,850
Kadant, Inc.	210		68,901
Kennametal, Inc.	1,405		35,041
LB Foster Company, Class A (A)	298		8,138
Lincoln Electric Holdings, Inc.	959		244,967
Lindsay Corp.	190		22,355
Mayville Engineering Company, Inc. (A)	441		6,320
Miller Industries, Inc.	293		14,679
Mueller Industries, Inc.	1,871		100,903
Mueller Water Products, Inc., Class A	2,820		45,374
Nikola Corp. (A)(B)	17,475		18,174
NN, Inc. (A)	766		3,631
Nordson Corp.	959		263,284
Omega Flex, Inc.	199		14,115
Oshkosh Corp.	1,082		134,936
Otis Worldwide Corp.	6,965		691,416
PACCAR, Inc.	8,837		1,094,816
Parker-Hannifin Corp.	2,171		1,206,620
Park-Ohio Holdings Corp.	316		8,431
Perma-Pipe International Holdings, Inc. (A)	15		119
Proto Labs, Inc. (A)	501		17,911
RBC Bearings, Inc. (A)	491		132,742
REV Group, Inc.	1,120		24,741
Snap-on, Inc.	884		261,858
SPX Technologies, Inc. (A)	785		96,657
Standex International Corp.	223		40,635
Stanley Black & Decker, Inc.	2,585		253,149
Stratasys, Ltd. (A)	1,117		12,980
Symbotic, Inc. (A)(B)	1,371		61,695
Taylor Devices, Inc. (A)	18		896
TechPrecision Corp. (A)	137		495
Tennant Company	359		43,658
Terex Corp.	1,130		72,772
The Gorman-Rupp Company	562		22,227
The Greenbrier Companies, Inc.	566		29,489
The Manitowoc Company, Inc. (A)	748		10,577
The Middleby Corp. (A)	905		145,515

Total Stock Market Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Machinery (continued)
The Shyft Group, Inc.	664	$	8,247
The Timken Company	1,188		103,867
The Toro Company	1,763		161,544
Titan International, Inc. (A)	1,133		14,117
Trinity Industries, Inc.	1,368		38,099
Twin Disc, Inc.	152		2,513
Wabash National Corp.	849		25,419
Wabtec Corp.	3,021		440,099
Watts Water Technologies, Inc., Class A	461		97,986
Xylem, Inc.	4,082		527,558
			17,969,765
Marine transportation – 0.0%
Eagle Bulk Shipping, Inc.	242		15,118
Genco Shipping & Trading, Ltd.	637		12,950
Kirby Corp. (A)	1,003		95,606
Matson, Inc.	621		69,800
Pangaea Logistics Solutions, Ltd.	476		3,318
Toro Corp. (A)	271		1,455
			198,247
Passenger airlines – 0.2%
Alaska Air Group, Inc. (A)	2,116		90,967
Allegiant Travel Company	324		24,368
American Airlines Group, Inc. (A)	10,932		167,806
Blade Air Mobility, Inc. (A)	1,134		3,232
Delta Air Lines, Inc.	10,819		517,906
Frontier Group Holdings, Inc. (A)(B)	753		6,107
Hawaiian Holdings, Inc. (A)	993		13,237
JetBlue Airways Corp. (A)	5,782		42,902
Joby Aviation, Inc. (A)(B)	11,868		63,612
SkyWest, Inc. (A)	836		57,751
Southwest Airlines Company	10,070		293,943
Spirit Airlines, Inc. (B)	1,868		9,041
Sun Country Airlines Holdings, Inc. (A)	872		13,158
United Airlines Holdings, Inc. (A)	5,522		264,393
Wheels Up Experience, Inc. (A)(B)	11,885		34,110
			1,602,533
Professional services – 0.9%
Alight, Inc., Class A (A)	8,451		83,242
ASGN, Inc. (A)	823		86,217
Asure Software, Inc. (A)	323		2,513
Automatic Data Processing, Inc.	6,991		1,745,932
Barrett Business Services, Inc.	138		17,487
BlackSky Technology, Inc. (A)	2,296		3,123
Booz Allen Hamilton Holding Corp.	2,210		328,052
Broadridge Financial Solutions, Inc.	1,988		407,262
CACI International, Inc., Class A (A)	383		145,092
CBIZ, Inc. (A)	893		70,101
Concentrix Corp.	1,121		74,233
Conduent, Inc. (A)	3,930		13,283
CRA International, Inc.	128		19,146
CSG Systems International, Inc.	542		27,935
Dayforce, Inc. (A)	2,645		175,125
Dun & Bradstreet Holdings, Inc.	7,330		73,593
Equifax, Inc.	2,078		555,907
Exela Technologies, Inc. (A)	44		143
EXL Service Holdings, Inc. (A)	2,777		88,309
Exponent, Inc.	851		70,369
First Advantage Corp.	2,345		38,036
FiscalNote Holdings, Inc. (A)	2,114		2,812
Forrester Research, Inc. (A)	350		7,546
Franklin Covey Company (A)	263		10,325
FTI Consulting, Inc. (A)	579		121,758
Genpact, Ltd.	3,018		99,443
Heidrick & Struggles International, Inc.	391		13,161

 

298

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Total Stock Market Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Professional services (continued)
HireQuest, Inc.	172	$	2,227
HireRight Holdings Corp. (A)	1,195		17,053
Huron Consulting Group, Inc. (A)	355		34,300
IBEX Holdings, Ltd. (A)	196		3,024
ICF International, Inc.	314		47,298
Innodata, Inc. (A)	424		2,798
Insperity, Inc.	634		69,493
Jacobs Solutions, Inc.	2,125		326,676
KBR, Inc.	2,295		146,100
Kelly Services, Inc., Class A	696		17,428
Kforce, Inc.	374		26,374
Korn Ferry	900		59,184
Legalzoom.com, Inc. (A)	3,194		42,608
Leidos Holdings, Inc.	2,326		304,915
ManpowerGroup, Inc.	822		63,820
Mastech Digital, Inc. (A)	77		693
Maximus, Inc.	1,004		84,236
Mistras Group, Inc. (A)	754		7,208
NV5 Global, Inc. (A)	255		24,993
Parsons Corp. (A)	1,755		145,577
Paychex, Inc.	6,102		749,326
Paycom Software, Inc.	1,042		207,368
Paycor HCM, Inc. (A)	3,036		59,020
Paylocity Holding Corp. (A)	957		164,470
Planet Labs PBC (A)	4,332		11,047
RCM Technologies, Inc. (A)	72		1,539
Resources Connection, Inc.	615		8,093
Robert Half, Inc.	1,788		141,753
Science Applications International Corp.	890		116,047
Skillsoft Corp. (A)	127		1,143
Spire Global, Inc. (A)	335		4,020
SS&C Technologies Holdings, Inc.	4,176		268,809
Sterling Check Corp. (A)	1,592		25,599
TaskUS, Inc., Class A (A)	505		5,883
TransUnion	3,282		261,904
TriNet Group, Inc.	982		130,105
TrueBlue, Inc. (A)	614		7,687
TTEC Holdings, Inc.	804		8,337
Upwork, Inc. (A)	2,231		27,352
Verisk Analytics, Inc.	2,457		579,189
Verra Mobility Corp. (A)	2,810		70,166
Willdan Group, Inc. (A)	264		7,653
			8,562,660
Trading companies and distributors – 0.5%
Air Lease Corp.	1,811		93,158
Alta Equipment Group, Inc.	454		5,879
Applied Industrial Technologies, Inc.	639		126,234
Beacon Roofing Supply, Inc. (A)	1,079		105,764
BlueLinx Holdings, Inc. (A)	134		17,452
Boise Cascade Company	652		99,997
Core & Main, Inc., Class A (A)	2,900		166,025
Custom Truck One Source, Inc. (A)	4,215		24,531
Distribution Solutions Group, Inc. (A)	161		5,712
DNOW, Inc. (A)	1,992		30,278
DXP Enterprises, Inc. (A)	379		20,364
EVI Industries, Inc.	239		5,951
Fastenal Company	9,660		745,172
Ferguson PLC	3,454		754,457
GATX Corp.	582		78,005
Global Industrial, Inc.	669		29,958
GMS, Inc. (A)	735		71,545
H&E Equipment Services, Inc.	629		40,369
Herc Holdings, Inc.	492		82,804
Hudson Technologies, Inc. (A)	715		7,872
Karat Packaging, Inc.	258		7,381

Total Stock Market Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Trading companies and distributors (continued)
McGrath RentCorp	425	$	52,432
MRC Global, Inc. (A)	1,509		18,968
MSC Industrial Direct Company, Inc., Class A	752		72,974
Rush Enterprises, Inc., Class A	1,090		58,337
SiteOne Landscape Supply, Inc. (A)	766		133,705
Titan Machinery, Inc. (A)	402		9,974
Transcat, Inc. (A)	141		15,712
United Rentals, Inc.	1,155		832,882
W.W. Grainger, Inc.	847		861,653
Watsco, Inc.	566		244,495
WESCO International, Inc.	863		147,815
Willis Lease Finance Corp. (A)	61		3,027
Xometry, Inc., Class A (A)	762		12,870
			4,983,752
			90,847,421
Information technology – 26.8%
Communications equipment – 0.8%
ADTRAN Holdings, Inc.	1,285		6,990
Applied Optoelectronics, Inc. (A)	584		8,094
Arista Networks, Inc. (A)	5,249		1,522,105
Aviat Networks, Inc. (A)	149		5,713
Calix, Inc. (A)	1,129		37,438
Cambium Networks Corp. (A)	513		2,211
Ciena Corp. (A)	2,533		125,257
Cisco Systems, Inc.	69,135		3,450,528
Clearfield, Inc. (A)	255		7,864
CommScope Holding Company, Inc. (A)	3,622		4,745
Comtech Telecommunications Corp. (A)	548		1,880
Digi International, Inc. (A)	613		19,573
DZS, Inc. (A)	566		747
Extreme Networks, Inc. (A)	2,202		25,411
F5, Inc. (A)	1,000		189,590
Harmonic, Inc. (A)	1,878		25,240
Infinera Corp. (A)	3,747		22,594
Inseego Corp. (A)	196		549
Juniper Networks, Inc.	5,405		200,309
KVH Industries, Inc. (A)	504		2,570
Lantronix, Inc. (A)	468		1,666
Lumentum Holdings, Inc. (A)	1,134		53,695
Motorola Solutions, Inc.	2,834		1,006,013
NETGEAR, Inc. (A)	540		8,516
NetScout Systems, Inc. (A)	1,212		26,470
Ondas Holdings, Inc. (A)	844		819
Powerwave Technologies, Inc. (A)(C)	912		0
Ribbon Communications, Inc. (A)	2,627		8,406
Ubiquiti, Inc.	1,039		120,368
Viasat, Inc. (A)	2,126		38,459
Viavi Solutions, Inc. (A)	3,860		35,087
			6,958,907
Electronic equipment, instruments and components – 0.7%
908 Devices, Inc. (A)	530		4,002
Advanced Energy Industries, Inc.	629		64,145
AEye, Inc. (A)	149		186
Airgain, Inc. (A)	137		747
Amphenol Corp., Class A	10,101		1,165,150
Arlo Technologies, Inc. (A)	1,497		18,937
Arrow Electronics, Inc. (A)	935		121,045
Avnet, Inc.	1,539		76,304
Badger Meter, Inc.	495		80,096
Bel Fuse, Inc., Class B	224		13,509
Belden, Inc.	729		67,513
Benchmark Electronics, Inc.	648		19,446
CDW Corp.	2,273		581,388

 

299

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Total Stock Market Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Electronic equipment, instruments and components (continued)
Cepton, Inc. (A)	306	$	851
Climb Global Solutions, Inc.	42		2,977
Coda Octopus Group, Inc. (A)	29		167
Cognex Corp.	2,950		125,139
Coherent Corp. (A)	2,571		155,854
Corning, Inc.	14,476		477,129
Crane NXT Company	950		58,805
CTS Corp.	560		26,202
Daktronics, Inc. (A)	1,093		10,886
ePlus, Inc. (A)	432		33,929
Evolv Technologies Holdings, Inc. (A)	2,541		11,307
Fabrinet (A)	610		115,302
FARO Technologies, Inc. (A)	367		7,894
Flex, Ltd. (A)	7,538		215,662
Identiv, Inc. (A)	347		2,748
Insight Enterprises, Inc. (A)	594		110,199
IPG Photonics Corp. (A)	805		73,005
Iteris, Inc. (A)	1,032		5,098
Itron, Inc. (A)	770		71,240
Jabil, Inc.	2,214		296,565
Keysight Technologies, Inc. (A)	3,022		472,580
Kimball Electronics, Inc. (A)	462		10,002
Knowles Corp. (A)	1,589		25,583
Lightwave Logic, Inc. (A)(B)	1,967		9,206
Littelfuse, Inc.	421		102,029
Luna Innovations, Inc. (A)	456		1,461
Methode Electronics, Inc.	649		7,905
MicroVision, Inc. (A)(B)	3,204		5,895
Mirion Technologies, Inc. (A)	3,640		41,387
Napco Security Technologies, Inc.	650		26,104
nLight, Inc. (A)	848		11,024
Novanta, Inc. (A)	607		106,085
OSI Systems, Inc. (A)	287		40,989
Ouster, Inc. (A)	660		5,240
PAR Technology Corp. (A)	434		19,686
PC Connection, Inc.	492		32,438
Plexus Corp. (A)	455		43,143
Powerfleet, Inc. (A)	439		2,344
Richardson Electronics, Ltd.	108		995
Rogers Corp. (A)	321		38,099
Sanmina Corp. (A)	959		59,631
ScanSource, Inc. (A)	460		20,258
SigmaTron International, Inc. (A)	69		250
SmartRent, Inc. (A)	3,338		8,946
TD SYNNEX Corp.	1,581		178,811
Teledyne Technologies, Inc. (A)	803		344,744
Trimble, Inc. (A)	4,230		272,243
TTM Technologies, Inc. (A)	1,778		27,826
Vishay Intertechnology, Inc.	2,037		46,199
Vishay Precision Group, Inc. (A)	247		8,727
Vontier Corp.	2,588		117,392
Vuzix Corp. (A)(B)	1,189		1,439
Wrap Technologies, Inc. (A)	659		1,489
Zebra Technologies Corp., Class A (A)	874		263,459
			6,367,036
IT services – 1.3%
Accenture PLC, Class A	11,265		3,904,562
Akamai Technologies, Inc. (A)	2,561		278,534
Amdocs, Ltd.	2,016		182,186
Applied Digital Corp. (A)(B)	1,755		7,511
Backblaze, Inc., Class A (A)	563		5,759
BigBear.ai Holdings, Inc. (A)	2,589		5,307
BigCommerce Holdings, Inc., Series 1 (A)	1,209		8,330

Total Stock Market Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
IT services (continued)
Brightcove, Inc. (A)	902	$	1,750
Cloudflare, Inc., Class A (A)	4,963		480,567
Cognizant Technology Solutions Corp., Class A	8,543		626,116
Couchbase, Inc. (A)	763		20,075
CSP, Inc.	130		2,400
DecisionPoint Systems, Inc. (A)	84		762
DigitalOcean Holdings, Inc. (A)	1,622		61,928
DXC Technology Company (A)	3,794		80,471
EPAM Systems, Inc. (A)	984		271,741
Fastly, Inc., Class A (A)	2,166		28,093
Gartner, Inc. (A)	1,333		635,401
GoDaddy, Inc., Class A (A)	2,469		293,021
Grid Dynamics Holdings, Inc. (A)	1,255		15,424
IBM Corp.	15,437		2,947,850
Information Services Group, Inc.	1,038		4,194
Kyndryl Holdings, Inc. (A)	3,854		83,863
MongoDB, Inc. (A)	1,197		429,292
Okta, Inc. (A)	2,662		278,498
Perficient, Inc. (A)	584		32,873
Rackspace Technology, Inc. (A)	3,608		5,701
Snowflake, Inc., Class A (A)	5,592		903,667
Squarespace, Inc., Class A (A)	1,525		55,571
The Glimpse Group, Inc. (A)	319		357
The Hackett Group, Inc.	589		14,313
Thoughtworks Holding, Inc. (A)	5,429		13,735
Twilio, Inc., Class A (A)	3,077		188,159
Unisys Corp. (A)	1,317		6,466
VeriSign, Inc. (A)	1,749		331,453
			12,205,930
Semiconductors and semiconductor equipment – 8.6%
ACM Research, Inc., Class A (A)	1,003		29,227
Advanced Micro Devices, Inc. (A)	27,402		4,945,787
Aehr Test Systems (A)(B)	494		6,126
Allegro MicroSystems, Inc. (A)	3,281		88,456
Alpha & Omega Semiconductor, Ltd. (A)	487		10,733
Ambarella, Inc. (A)	688		34,930
Amkor Technology, Inc.	4,139		133,441
Amtech Systems, Inc. (A)	277		1,499
Analog Devices, Inc.	8,592		1,699,412
Applied Materials, Inc.	14,194		2,927,229
Atomera, Inc. (A)	405		2,495
Axcelis Technologies, Inc. (A)	552		61,559
AXT, Inc. (A)	574		2,635
Broadcom, Inc.	7,918		10,494,596
CEVA, Inc. (A)	442		10,038
Cirrus Logic, Inc. (A)	928		85,896
Cohu, Inc. (A)	842		28,064
Credo Technology Group Holding, Ltd. (A)	2,536		53,738
CVD Equipment Corp. (A)	64		301
Diodes, Inc. (A)	785		55,343
Enphase Energy, Inc. (A)	2,321		280,795
Entegris, Inc.	2,550		358,377
Everspin Technologies, Inc. (A)	159		1,259
First Solar, Inc. (A)	1,815		306,372
FormFactor, Inc. (A)	1,299		59,273
GlobalFoundries, Inc. (A)(B)	9,311		485,196
GSI Technology, Inc. (A)	338		1,149
Ichor Holdings, Ltd. (A)	463		17,881
Impinj, Inc. (A)	455		58,427
Indie Semiconductor, Inc., Class A (A)	2,748		19,456
Intel Corp.	71,033		3,137,528
inTEST Corp. (A)	104		1,378
KLA Corp.	2,317		1,618,587

 

300

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Total Stock Market Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Semiconductors and semiconductor equipment (continued)
Kopin Corp. (A)	1,752	$	3,154
Kulicke & Soffa Industries, Inc.	961		48,348
Lam Research Corp.	2,246		2,182,146
Lattice Semiconductor Corp. (A)	2,351		183,919
MACOM Technology Solutions Holdings, Inc. (A)	1,196		114,385
Magnachip Semiconductor Corp. (A)	627		3,499
Marvell Technology, Inc.	14,633		1,037,187
MaxLinear, Inc. (A)	1,385		25,858
Meta Materials, Inc. (A)	101		310
Microchip Technology, Inc.	9,228		827,844
Micron Technology, Inc.	18,583		2,190,750
MKS Instruments, Inc.	1,135		150,955
Monolithic Power Systems, Inc.	810		548,710
Navitas Semiconductor Corp. (A)	2,958		14,110
NVE Corp.	86		7,755
NVIDIA Corp.	42,434		38,341,665
ON Semiconductor Corp. (A)	7,340		539,857
Onto Innovation, Inc. (A)	832		150,659
PDF Solutions, Inc. (A)	654		22,020
Photronics, Inc. (A)	1,065		30,161
Pixelworks, Inc. (A)	874		2,255
Power Integrations, Inc.	962		68,831
Qorvo, Inc. (A)	1,662		190,847
Qualcomm, Inc.	18,925		3,204,003
QuickLogic Corp. (A)	132		2,116
Rambus, Inc. (A)	1,835		113,421
Rigetti Computing, Inc. (A)	2,396		3,666
Semtech Corp. (A)	1,087		29,882
Silicon Laboratories, Inc. (A)	544		78,184
SiTime Corp. (A)	381		35,521
SkyWater Technology, Inc. (A)	735		7,475
Skyworks Solutions, Inc.	2,691		291,489
SMART Global Holdings, Inc. (A)	881		23,188
Synaptics, Inc. (A)	661		64,487
Teradyne, Inc.	2,610		294,486
Texas Instruments, Inc.	15,419		2,686,144
Transphorm, Inc. (A)	1,018		4,998
Ultra Clean Holdings, Inc. (A)	780		35,833
Universal Display Corp.	802		135,097
Veeco Instruments, Inc. (A)	900		31,653
Wolfspeed, Inc. (A)	2,162		63,779
			80,807,830
Software – 10.2%
8x8, Inc. (A)	2,080		5,616
A10 Networks, Inc.	1,300		17,797
ACI Worldwide, Inc. (A)	1,879		62,402
Adeia, Inc.	1,869		20,409
Adobe, Inc. (A)	7,731		3,901,063
Agilysys, Inc. (A)	425		35,811
Alarm.com Holdings, Inc. (A)	841		60,947
Alkami Technology, Inc. (A)	1,556		38,231
Altair Engineering, Inc., Class A (A)	910		78,397
American Software, Inc., Class A	618		7,076
Amplitude, Inc., Class A (A)	1,391		15,134
ANSYS, Inc. (A)	1,474		511,714
Appfolio, Inc., Class A (A)	355		87,593
Appian Corp., Class A (A)	717		28,644
AppLovin Corp., Class A (A)	4,487		310,590
Arteris, Inc. (A)	576		4,216
Asana, Inc., Class A (A)	2,243		34,744
Aspen Technology, Inc. (A)	1,088		232,049
Atlassian Corp., Class A (A)	2,577		502,798
AudioEye, Inc. (A)	147		1,471
Aurora Innovation, Inc. (A)	18,480		52,114

Total Stock Market Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Software (continued)
AuthID, Inc. (A)	129	$	984
Autodesk, Inc. (A)	3,626		944,283
AvePoint, Inc. (A)	3,049		24,148
Bentley Systems, Inc., Class B	4,826		252,014
BILL Holdings, Inc. (A)	1,823		125,277
Bit Digital, Inc. (A)(B)	1,535		4,405
Blackbaud, Inc. (A)	900		66,726
Blackline, Inc. (A)	1,030		66,517
Blend Labs, Inc., Class A (A)(B)	3,935		12,789
Box, Inc., Class A (A)	2,429		68,789
Braze, Inc., Class A (A)	1,080		47,844
c3.ai, Inc., Class A (A)(B)	1,947		52,705
Cadence Design Systems, Inc. (A)	4,608		1,434,378
CCC Intelligent Solutions Holdings, Inc. (A)	10,345		123,726
Cerence, Inc. (A)	696		10,962
Cipher Mining, Inc. (A)(B)	4,348		22,392
CleanSpark, Inc. (A)	2,591		54,955
Clear Secure, Inc., Class A	1,499		31,884
Clearwater Analytics Holdings, Inc., Class A (A)	1,529		27,048
CommVault Systems, Inc. (A)	745		75,565
Confluent, Inc., Class A (A)	3,631		110,818
Consensus Cloud Solutions, Inc. (A)	308		4,885
CoreCard Corp. (A)	182		2,011
Crowdstrike Holdings, Inc., Class A (A)	3,833		1,228,821
CS Disco, Inc. (A)	961		7,813
CXApp, Inc. (A)	207		507
Datadog, Inc., Class A (A)	5,077		627,517
Dave, Inc. (A)	165		6,128
Digimarc Corp. (A)	324		8,806
Digital Turbine, Inc. (A)	1,732		4,538
DocuSign, Inc. (A)	3,435		204,554
Dolby Laboratories, Inc., Class A	1,000		83,770
Domo, Inc., Class B (A)	570		5,084
DoubleVerify Holdings, Inc. (A)	2,881		101,296
Dropbox, Inc., Class A (A)	4,461		108,402
Duos Technologies Group, Inc. (A)	91		395
Dynatrace, Inc. (A)	5,163		239,770
E2open Parent Holdings, Inc. (A)	5,332		23,674
eGain Corp. (A)	659		4,251
Elastic NV (A)	1,666		167,000
Enfusion, Inc., Class A (A)	1,414		13,080
Envestnet, Inc. (A)	921		53,335
Everbridge, Inc. (A)	685		23,859
Expensify, Inc., Class A (A)	1,117		2,055
Fair Isaac Corp. (A)	420		524,836
Five9, Inc. (A)	1,233		76,582
Fortinet, Inc. (A)	13,337		911,050
Freshworks, Inc., Class A (A)	3,246		59,110
Gen Digital, Inc.	10,808		242,099
Gitlab, Inc., Class A (A)	1,766		102,993
Guidewire Software, Inc. (A)	1,370		159,893
HashiCorp, Inc., Class A (A)	1,884		50,774
HubSpot, Inc. (A)	848		531,323
Informatica, Inc., Class A (A)	4,114		143,990
Instructure Holdings, Inc. (A)	2,482		53,065
Intapp, Inc. (A)	1,174		40,268
Intellicheck, Inc. (A)	96		334
InterDigital, Inc.	505		53,762
Intuit, Inc.	4,752		3,088,800
Jamf Holding Corp. (A)	2,133		39,141
JFrog, Ltd. (A)	1,748		77,297
Kaltura, Inc. (A)	1,831		2,472
LivePerson, Inc. (A)	1,343		1,340

 

301

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Total Stock Market Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Software (continued)
LiveRamp Holdings, Inc. (A)	1,144	$	39,468
Manhattan Associates, Inc. (A)	1,045		261,490
Marathon Digital Holdings, Inc. (A)	3,782		85,398
Matterport, Inc. (A)	5,336		12,059
MeridianLink, Inc. (A)	1,335		24,965
MicroCloud Hologram, Inc. (A)	90		347
Microsoft Corp.	126,024		53,020,817
MicroStrategy, Inc., Class A (A)(B)	206		351,139
Mitek Systems, Inc. (A)	858		12,098
Model N, Inc. (A)	632		17,993
N-able, Inc. (A)	3,105		40,582
NCino, Inc. (A)	1,925		71,957
NCR Voyix Corp. (A)	2,337		29,516
NextNav, Inc. (A)(B)	1,876		12,344
Nutanix, Inc., Class A (A)	3,978		245,522
Olo, Inc., Class A (A)	1,891		10,382
ON24, Inc.	546		3,898
OneSpan, Inc. (A)	743		8,641
Oracle Corp.	46,051		5,784,466
PagerDuty, Inc. (A)	1,555		35,267
Palantir Technologies, Inc., Class A (A)	34,727		799,068
Palo Alto Networks, Inc. (A)	5,188		1,474,066
Pegasystems, Inc.	1,415		91,466
Porch Group, Inc. (A)	1,620		6,982
PowerSchool Holdings, Inc., Class A (A)	2,765		58,867
Procore Technologies, Inc. (A)	2,420		198,851
Progress Software Corp.	725		38,650
PROS Holdings, Inc. (A)	783		28,446
PTC, Inc. (A)	2,011		379,958
Q2 Holdings, Inc. (A)	981		51,561
Qualys, Inc. (A)	614		102,458
Rapid7, Inc. (A)	1,032		50,609
Red Violet, Inc. (A)	179		3,499
Rekor Systems, Inc. (A)	1,043		2,388
ReposiTrak, Inc.	166		2,631
Rimini Street, Inc. (A)	1,519		4,952
RingCentral, Inc., Class A (A)	1,429		49,643
Riot Platforms, Inc. (A)	3,524		43,134
Roper Technologies, Inc.	1,812		1,016,242
Salesforce, Inc.	16,504		4,970,675
Samsara, Inc., Class A (A)	2,853		107,815
SecureWorks Corp., Class A (A)	542		3,642
SEMrush Holdings, Inc., Class A (A)(B)	2,009		26,639
SentinelOne, Inc., Class A (A)	4,111		95,827
ServiceNow, Inc. (A)	3,465		2,641,716
Smartsheet, Inc., Class A (A)	2,267		87,280
SolarWinds Corp. (A)	2,802		35,361
SoundHound AI, Inc., Class A (A)(B)	3,460		20,379
SoundThinking, Inc. (A)	239		3,795
Sprinklr, Inc., Class A (A)	2,310		28,344
Sprout Social, Inc., Class A (A)	816		48,723
SPS Commerce, Inc. (A)	618		114,268
Stronghold Digital Mining, Inc. (A)	130		540
Synopsys, Inc. (A)	2,581		1,475,042
Telos Corp. (A)	1,120		4,659
Tenable Holdings, Inc. (A)	1,968		97,278
Teradata Corp. (A)	1,675		64,772
TeraWulf, Inc. (A)(B)	4,043		10,633
Tyler Technologies, Inc. (A)	715		303,882
UiPath, Inc., Class A (A)	8,122		184,126
Unity Software, Inc. (A)	6,529		174,324
Upland Software, Inc. (A)	553		1,709
Varonis Systems, Inc. (A)	1,852		87,359
Verint Systems, Inc. (A)	1,108		36,730
Veritone, Inc. (A)	682		3,587

Total Stock Market Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Software (continued)
Vertex, Inc., Class A (A)	940	$	29,854
Viant Technology, Inc., Class A (A)	614		6,545
Weave Communications, Inc. (A)	1,088		12,490
Workday, Inc., Class A (A)	3,511		957,625
Workiva, Inc. (A)	847		71,826
Xperi, Inc. (A)	833		10,046
Yext, Inc. (A)	2,165		13,055
Zeta Global Holdings Corp., Class A (A)	3,081		33,675
Zoom Video Communications, Inc., Class A (A)	4,280		279,784
Zscaler, Inc. (A)	2,474		476,567
Zuora, Inc., Class A (A)	2,245		20,474
			95,660,571
Technology hardware, storage and peripherals – 5.2%
Apple, Inc.	262,107		44,946,108
Composecure, Inc. (A)	111		803
Corsair Gaming, Inc. (A)	1,717		21,188
CPI Card Group, Inc. (A)	174		3,108
Dell Technologies, Inc., Class C	4,286		489,075
Diebold Nixdorf, Inc. (A)	570		19,631
Eastman Kodak Company (A)	974		4,821
Hewlett Packard Enterprise Company	21,796		386,443
HP, Inc.	16,684		504,190
Immersion Corp. (A)	731		5,468
Intevac, Inc. (A)	711		2,730
IonQ, Inc. (A)(B)	3,452		34,485
NetApp, Inc.	3,522		369,704
One Stop Systems, Inc. (A)	311		1,014
Pure Storage, Inc., Class A (A)	5,214		271,076
Seagate Technology Holdings PLC	3,505		326,140
Super Micro Computer, Inc. (A)	897		905,997
TransAct Technologies, Inc. (A)	27		141
Turtle Beach Corp. (A)	214		3,689
Western Digital Corp. (A)	5,462		372,727
Xerox Holdings Corp.	2,572		46,039
			48,714,577
			250,714,851
Materials – 2.8%
Chemicals – 1.5%
Advanced Emissions Solutions, Inc. (A)	447		2,897
AdvanSix, Inc.	524		14,986
Air Products & Chemicals, Inc.	3,773		914,085
Albemarle Corp.	2,004		264,007
Alto Ingredients, Inc. (A)	1,282		2,795
American Vanguard Corp.	632		8,184
Arcadium Lithium PLC (A)	18,424		79,407
Ashland, Inc.	880		85,686
Aspen Aerogels, Inc. (A)	1,192		20,979
Avient Corp.	1,554		67,444
Axalta Coating Systems, Ltd. (A)	3,722		128,000
Balchem Corp.	540		83,673
Cabot Corp.	964		88,881
Celanese Corp.	1,836		315,535
CF Industries Holdings, Inc.	3,266		271,764
Core Molding Technologies, Inc. (A)	65		1,230
Corteva, Inc.	12,069		696,019
CVR Nitrogen LP (A)(C)	1,086		195
Dow, Inc.	11,851		686,528
DuPont de Nemours, Inc.	7,799		597,949
Eastman Chemical Company	1,972		197,634
Ecolab, Inc.	4,845		1,118,711
Ecovyst, Inc. (A)	2,468		27,518
Element Solutions, Inc.	3,916		97,822
Flotek Industries, Inc. (A)	471		1,762

 

302

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Total Stock Market Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Chemicals (continued)
FMC Corp.	2,131	$	135,745
Ginkgo Bioworks Holdings, Inc. (A)(B)	27,683		32,112
Hawkins, Inc.	415		31,872
HB Fuller Company	899		71,686
Huntsman Corp.	3,124		81,318
Ingevity Corp. (A)	659		31,434
Innospec, Inc.	400		51,576
International Flavors & Fragrances, Inc.	4,346		373,713
Intrepid Potash, Inc. (A)	189		3,943
Koppers Holdings, Inc.	390		21,516
Kronos Worldwide, Inc.	1,678		19,800
Linde PLC	8,278		3,843,641
LSB Industries, Inc. (A)	1,275		11,195
LyondellBasell Industries NV, Class A	5,442		556,608
Mativ Holdings, Inc.	986		18,488
Minerals Technologies, Inc.	519		39,070
NewMarket Corp.	157		99,635
Novusterra, Inc. (A)(C)	88		0
Olin Corp.	2,166		127,361
PPG Industries, Inc.	4,001		579,745
PureCycle Technologies, Inc. (A)(B)	2,836		17,640
Quaker Chemical Corp.	311		63,833
Rayonier Advanced Materials, Inc. (A)	1,194		5,707
RPM International, Inc.	2,176		258,835
Sensient Technologies Corp.	716		49,540
Stepan Company	363		32,685
The Chemours Company	2,472		64,915
The Mosaic Company	5,635		182,912
The Scotts Miracle-Gro Company	940		70,115
The Sherwin-Williams Company	4,363		1,515,401
Trinseo PLC	546		2,064
Tronox Holdings PLC	2,583		44,815
Valhi, Inc.	518		8,899
Westlake Chemical Partners LP	369		8,192
Westlake Corp.	2,161		330,201
			14,559,903
Construction materials – 0.3%
CRH PLC (New York Stock Exchange)	11,728		1,011,657
Eagle Materials, Inc.	600		163,050
Knife River Corp. (A)	933		75,648
Martin Marietta Materials, Inc.	1,041		639,112
Summit Materials, Inc., Class A (A)	2,073		92,394
United States Lime & Minerals, Inc.	114		33,988
Vulcan Materials Company	2,256		615,708
			2,631,557
Containers and packaging – 0.3%
AptarGroup, Inc.	1,107		159,286
Avery Dennison Corp.	1,362		304,067
Ball Corp.	5,350		360,376
Berry Global Group, Inc.	1,954		118,178
Crown Holdings, Inc.	2,047		162,245
Graphic Packaging Holding Company	5,178		151,094
Greif, Inc., Class A	508		35,077
International Paper Company	5,838		227,799
Myers Industries, Inc.	710		16,451
O-I Glass, Inc. (A)	2,587		42,918
Packaging Corp. of America	1,515		287,517
Pactiv Evergreen, Inc.	2,903		41,571
Ranpak Holdings Corp. (A)	1,290		10,152
Sealed Air Corp.	2,439		90,731
Silgan Holdings, Inc.	1,867		90,662
Sonoco Products Company	1,604		92,775
TriMas Corp.	806		21,544

Total Stock Market Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Containers and packaging (continued)
Westrock Company	4,347	$	214,959
			2,427,402
Metals and mining – 0.7%
5E Advanced Materials, Inc. (A)	910		1,219
Alcoa Corp.	3,047		102,958
Alpha Metallurgical Resources, Inc.	229		75,838
Arch Resources, Inc.	298		47,915
ATI, Inc. (A)	2,184		111,755
Atlas Lithium Corp. (A)	231		3,932
Carpenter Technology Corp.	853		60,921
Century Aluminum Company (A)	1,672		25,732
Cleveland-Cliffs, Inc. (A)	8,622		196,064
Coeur Mining, Inc. (A)	5,923		22,330
Commercial Metals Company	1,950		114,602
Compass Minerals International, Inc.	681		10,719
Contango ORE, Inc. (A)	161		3,196
Dakota Gold Corp. (A)	1,394		3,304
Freeport-McMoRan, Inc.	24,362		1,145,501
Friedman Industries, Inc.	48		900
Gatos Silver, Inc. (A)	1,095		9,187
Haynes International, Inc.	261		15,691
Hecla Mining Company	10,616		51,063
Hycroft Mining Holding Corp. (A)	359		793
Kaiser Aluminum Corp.	289		25,825
Materion Corp.	365		48,089
Metallus, Inc. (A)	841		18,712
MP Materials Corp. (A)(B)	3,098		44,301
Newmont Corp.	19,650		704,256
NioCorp Developments, Ltd. (A)	588		1,599
Nucor Corp.	4,213		833,753
Olympic Steel, Inc.	262		18,571
Pan American Silver Corp., CVR (A)	7,232		3,240
Piedmont Lithium, Inc. (A)	306		4,076
Radius Recycling, Inc.	532		11,241
Ramaco Resources, Inc. (A)	712		11,990
Ramaco Resources, Inc., Class B	134		1,682
Reliance, Inc.	989		330,504
Royal Gold, Inc.	1,113		135,575
Ryerson Holding Corp.	653		21,876
Southern Copper Corp.	13,104		1,395,838
Steel Dynamics, Inc.	2,797		414,599
SunCoke Energy, Inc.	1,558		17,559
Tredegar Corp.	821		5,353
U.S. Steel Corp.	3,744		152,680
Universal Stainless & Alloy Products, Inc. (A)	39		874
US Gold Corp. (A)	143		525
Warrior Met Coal, Inc.	859		52,141
Worthington Steel, Inc. (A)	824		29,540
			6,288,019
Paper and forest products – 0.0%
Clearwater Paper Corp. (A)	317		13,862
Glatfelter Corp. (A)	999		1,998
Louisiana-Pacific Corp.	1,224		102,706
Mercer International, Inc.	1,093		10,875
Sylvamo Corp.	693		42,786
			172,227
			26,079,108
Real estate – 2.5%
Diversified REITs – 0.1%
Alexander & Baldwin, Inc.	1,411		23,239
American Assets Trust, Inc.	1,151		25,218
Armada Hoffler Properties, Inc.	1,229		12,782
Broadstone Net Lease, Inc.	2,771		43,422

 

303

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Total Stock Market Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Diversified REITs (continued)
Empire State Realty Trust, Inc., Class A	2,981	$	30,198
Essential Properties Realty Trust, Inc.	2,477		66,037
Gladstone Commercial Corp.	793		10,975
Global Net Lease, Inc.	3,529		27,420
NexPoint Diversified Real Estate Trust	631		4,165
One Liberty Properties, Inc.	547		12,357
WP Carey, Inc.	3,602		203,297
			459,110
Health care REITs – 0.2%
CareTrust REIT, Inc.	1,867		45,499
Community Healthcare Trust, Inc.	472		12,532
Diversified Healthcare Trust	4,438		10,917
Global Medical REIT, Inc.	854		7,473
Healthcare Realty Trust, Inc.	6,470		91,551
Healthpeak Properties, Inc.	11,740		220,125
LTC Properties, Inc.	749		24,350
Medical Properties Trust, Inc.	10,085		47,400
National Health Investors, Inc.	787		49,447
Omega Healthcare Investors, Inc.	4,097		129,752
Sabra Health Care REIT, Inc.	4,102		60,587
Universal Health Realty Income Trust	293		10,756
Ventas, Inc.	6,814		296,682
Welltower, Inc.	8,806		822,833
			1,829,904
Hotel and resort REITs – 0.1%
Apple Hospitality REIT, Inc.	3,995		65,438
Ashford Hospitality Trust, Inc. (A)	444		608
Braemar Hotels & Resorts, Inc.	978		1,956
Chatham Lodging Trust	1,043		10,545
DiamondRock Hospitality Company	3,725		35,797
Host Hotels & Resorts, Inc.	11,922		246,547
Park Hotels & Resorts, Inc.	3,834		67,057
Pebblebrook Hotel Trust	2,310		35,597
RLJ Lodging Trust	2,896		34,231
Ryman Hospitality Properties, Inc.	987		114,107
Service Properties Trust	3,030		20,543
Summit Hotel Properties, Inc.	2,173		14,146
Sunstone Hotel Investors, Inc.	3,688		41,084
Xenia Hotels & Resorts, Inc.	2,067		31,026
			718,682
Industrial REITs – 0.3%
Americold Realty Trust, Inc.	4,591		114,408
EastGroup Properties, Inc.	762		136,985
First Industrial Realty Trust, Inc.	2,253		118,373
Industrial Logistics Properties Trust	1,490		6,392
Innovative Industrial Properties, Inc.	457		47,318
LXP Industrial Trust	4,958		44,721
Plymouth Industrial REIT, Inc.	501		11,273
Prologis, Inc.	15,691		2,043,282
Rexford Industrial Realty, Inc.	3,530		177,559
STAG Industrial, Inc.	2,912		111,937
Terreno Realty Corp.	1,421		94,354
			2,906,602
Office REITs – 0.1%
Alexandria Real Estate Equities, Inc.	2,930		377,706
Boston Properties, Inc.	2,610		170,459
Brandywine Realty Trust	3,382		16,234
COPT Defense Properties	2,009		48,558
Cousins Properties, Inc.	2,664		64,043
Douglas Emmett, Inc.	2,995		41,541
Easterly Government Properties, Inc.	1,561		17,967
Equity Commonwealth (A)	1,849		34,909
Franklin Street Properties Corp.	2,261		5,132
Highwoods Properties, Inc.	1,854		48,538

Total Stock Market Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Office REITs (continued)
Hudson Pacific Properties, Inc.	2,615	$	16,867
JBG SMITH Properties	2,054		32,967
Kilroy Realty Corp.	2,018		73,516
NET Lease Office Properties	222		5,284
New York REIT Liquidating LLC (A)(C)	457		2,975
Office Properties Income Trust	1,104		2,252
Orion Office REIT, Inc.	983		3,450
Paramount Group, Inc.	4,071		19,093
Peakstone Realty Trust	700		11,291
Piedmont Office Realty Trust, Inc., Class A	2,477		17,413
SL Green Realty Corp.	1,037		57,170
Vornado Realty Trust	3,256		93,675
			1,161,040
Real estate management and development – 0.2%
Anywhere Real Estate, Inc. (A)	1,793		11,081
CBRE Group, Inc., Class A (A)	5,256		511,093
Compass, Inc., Class A (A)	7,930		28,548
CoStar Group, Inc. (A)	6,941		670,501
DigitalBridge Group, Inc.	2,720		52,414
Doma Holdings, Inc. (A)	230		1,044
Douglas Elliman, Inc. (A)	1,475		2,331
eXp World Holdings, Inc. (B)	2,650		27,375
Fathom Holdings, Inc. (A)	361		718
Five Point Holdings LLC, Class A (A)	1,135		3,553
Forestar Group, Inc. (A)	999		40,150
FRP Holdings, Inc. (A)	226		13,876
Howard Hughes Holdings, Inc. (A)	851		61,800
Jones Lang LaSalle, Inc. (A)	802		156,462
Kennedy-Wilson Holdings, Inc.	2,252		19,322
LuxUrban Hotels, Inc. (A)	537		741
Marcus & Millichap, Inc.	708		24,192
Maui Land & Pineapple Company, Inc. (A)	251		5,437
Newmark Group, Inc., Class A	2,923		32,416
Offerpad Solutions, Inc. (A)(B)	456		3,694
Opendoor Technologies, Inc. (A)	11,190		33,906
Rafael Holdings, Inc., Class B (A)	347		597
RE/MAX Holdings, Inc., Class A	374		3,280
Redfin Corp. (A)	1,922		12,781
Seritage Growth Properties, Class A (A)	866		8,357
Star Holdings (A)	189		2,442
Stratus Properties, Inc. (A)	114		2,603
Tejon Ranch Company (A)	577		8,892
The RMR Group, Inc., Class A	311		7,464
The St. Joe Company	1,041		60,347
Transcontinental Realty Investors, Inc. (A)	94		3,539
WeWork, Inc., Class A (A)	27,947		2,096
Zillow Group, Inc., Class A (A)	240		11,486
Zillow Group, Inc., Class C (A)	3,624		176,779
			2,001,317
Residential REITs – 0.3%
American Homes 4 Rent, Class A	6,153		226,307
Apartment Income REIT Corp.	2,626		85,266
Apartment Investment and Management Company, Class A (A)	2,711		22,203
AvalonBay Communities, Inc.	2,406		446,457
Bluerock Homes Trust, Inc.	85		1,442
BRT Apartments Corp.	385		6,468
Camden Property Trust	1,800		177,120
Centerspace	226		12,914
Elme Communities	1,645		22,898
Equity LifeStyle Properties, Inc.	3,171		204,212
Equity Residential	6,415		404,851

 

304

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Total Stock Market Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Residential REITs (continued)
Essex Property Trust, Inc.	1,080	$	264,395
Independence Realty Trust, Inc.	3,712		59,875
Invitation Homes, Inc.	10,387		369,881
Mid-America Apartment Communities, Inc.	1,970		259,213
NexPoint Residential Trust, Inc.	480		15,451
Sun Communities, Inc.	2,124		273,104
UDR, Inc.	5,550		207,626
UMH Properties, Inc.	958		15,558
Veris Residential, Inc.	1,641		24,960
			3,100,201
Retail REITs – 0.3%
Acadia Realty Trust	1,812		30,822
Agree Realty Corp.	1,590		90,821
Alexander's, Inc.	105		22,800
Brixmor Property Group, Inc.	5,029		117,930
CBL & Associates Properties, Inc.	353		8,087
Federal Realty Investment Trust	1,354		138,270
Getty Realty Corp.	881		24,095
InvenTrust Properties Corp.	993		25,530
Kimco Realty Corp.	11,297		221,534
Kite Realty Group Trust	3,726		80,780
NETSTREIT Corp.	852		15,651
NNN REIT, Inc.	3,009		128,605
Phillips Edison & Company, Inc.	1,954		70,090
Realty Income Corp.	13,892		751,557
Regency Centers Corp.	3,078		186,404
Retail Opportunity Investments Corp.	2,320		29,742
Saul Centers, Inc.	490		18,860
Simon Property Group, Inc.	5,522		864,138
SITE Centers Corp.	3,696		54,146
Tanger, Inc.	1,832		54,099
The Macerich Company	3,448		59,409
Urban Edge Properties	2,162		37,338
Whitestone REIT	991		12,437
			3,043,145
Specialized REITs – 0.9%
American Tower Corp.	7,915		1,563,925
Crown Castle, Inc.	7,354		778,274
CubeSmart	3,757		169,892
Digital Realty Trust, Inc.	5,129		738,781
EPR Properties	1,307		55,482
Equinix, Inc.	1,588		1,310,624
Extra Space Storage, Inc.	3,585		526,995
Farmland Partners, Inc.	930		10,323
Four Corners Property Trust, Inc.	1,453		35,555
Gaming and Leisure Properties, Inc.	4,356		200,681
Gladstone Land Corp.	706		9,418
Iron Mountain, Inc.	4,919		394,553
Lamar Advertising Company, Class A	1,457		173,980
National Storage Affiliates Trust	1,445		56,586
Outfront Media, Inc.	2,732		45,870
PotlatchDeltic Corp.	1,431		67,286
Public Storage	2,982		864,959
Rayonier, Inc.	2,536		84,297
Safehold, Inc.	1,263		26,018
SBA Communications Corp.	1,845		399,812
Uniti Group, Inc.	4,136		24,402
VICI Properties, Inc.	17,132		510,362
Weyerhaeuser Company	12,365		444,027
			8,492,102
			23,712,103

Total Stock Market Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Utilities – 2.0%
Electric utilities – 1.2%
ALLETE, Inc.	971	$	57,910
Alliant Energy Corp.	4,261		214,754
American Electric Power Company, Inc.	8,760		754,236
Avangrid, Inc.	210		7,652
Constellation Energy Corp.	5,453		1,007,987
Duke Energy Corp.	13,076		1,264,580
Edison International	6,487		458,826
Entergy Corp.	3,564		376,644
Evergy, Inc.	3,875		206,848
Eversource Energy	5,975		357,126
Exelon Corp.	16,926		635,910
FirstEnergy Corp.	9,714		375,155
Genie Energy, Ltd., B Shares	600		9,048
Hawaiian Electric Industries, Inc.	1,861		20,973
IDACORP, Inc.	843		78,306
MGE Energy, Inc.	651		51,247
NextEra Energy, Inc.	34,830		2,225,985
NRG Energy, Inc.	3,873		262,163
OGE Energy Corp.	3,277		112,401
Otter Tail Corp.	715		61,776
PG&E Corp.	35,573		596,203
Pinnacle West Capital Corp.	1,895		141,613
PNM Resources, Inc.	1,429		53,788
Portland General Electric Company	1,623		68,166
PPL Corp.	12,354		340,106
The Southern Company	18,541		1,330,131
Via Renewables, Inc. (A)	126		1,362
Xcel Energy, Inc.	9,407		505,626
			11,576,522
Gas utilities – 0.1%
Atmos Energy Corp.	2,524		300,028
Chesapeake Utilities Corp.	341		36,589
National Fuel Gas Company	1,479		79,452
New Jersey Resources Corp.	1,632		70,029
Northwest Natural Holding Company	625		23,263
ONE Gas, Inc.	913		58,916
RGC Resources, Inc.	228		4,615
Southwest Gas Holdings, Inc.	1,193		90,823
Spire, Inc.	874		53,637
Star Group LP	508		5,090
UGI Corp.	3,486		85,546
			807,988
Independent power and renewable electricity producers – 0.1%
Altus Power, Inc. (A)	2,685		12,834
Clearway Energy, Inc., Class A	1,122		24,134
Clearway Energy, Inc., Class C	974		22,451
Montauk Renewables, Inc. (A)	2,461		10,238
Ormat Technologies, Inc.	1,025		67,845
Spruce Power Holding Corp. (A)	305		1,211
Sunnova Energy International, Inc. (A)	2,105		12,904
The AES Corp.	11,350		203,506
Vistra Corp.	6,203		432,039
			787,162
Multi-utilities – 0.5%
Ameren Corp.	4,496		332,524
Avista Corp.	1,244		43,565
Black Hills Corp.	1,090		59,514
CenterPoint Energy, Inc.	10,738		305,926
CMS Energy Corp.	4,917		296,692
Consolidated Edison, Inc.	5,820		528,514
Dominion Energy, Inc.	14,221		699,531
DTE Energy Company	3,487		391,032

 

305

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Total Stock Market Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Multi-utilities (continued)
NiSource, Inc.	6,883	$	190,384
Northwestern Energy Group, Inc.	961		48,944
Public Service Enterprise Group, Inc.	8,428		562,822
Sempra	10,693		768,078
Unitil Corp.	316		16,543
WEC Energy Group, Inc.	5,354		439,670
			4,683,739
Water utilities – 0.1%
American States Water Company	629		45,439
American Water Works Company, Inc.	3,314		405,004
Artesian Resources Corp., Class A	193		7,162
Cadiz, Inc. (A)	1,083		3,141
California Water Service Group	956		44,435
Essential Utilities, Inc.	4,505		166,910
Global Water Resources, Inc.	595		7,640
Middlesex Water Company	324		17,010
Pure Cycle Corp. (A)	615		5,843
SJW Group	527		29,823
The York Water Company	308		11,171
			743,578
			18,598,989
TOTAL COMMON STOCKS (Cost $400,053,400)		$	917,245,993
PREFERRED SECURITIES – 0.0%
Consumer discretionary – 0.0%
Broadline retail – 0.0%
Qurate Retail, Inc., 8.000%	260		12,927
Industrials – 0.0%
Industrial conglomerates – 0.0%
Steel Partners Holdings LP, 6.000%	510		12,271
TOTAL PREFERRED SECURITIES (Cost $82,033)		$	25,198
RIGHTS – 0.0%
Empire Petroleum Corp. (Expiration Date: 4-10-24; Strike Price: $5.00) (A)	414		0
TOTAL RIGHTS (Cost $0)		$	0

Total Stock Market Index Trust (continued)

	Shares or Principal Amount	Value
WARRANTS – 0.0%
Cassava Sciences, Inc. (Expiration Date: 11-15-24; Strike Price: $33.00) (A)	271	$	1,092
Chord Energy Corp. (Expiration Date: 11-19-24; Strike Price: $90.57) (A)	31		3,087
Nabors Industries, Ltd. (Expiration Date: 6-11-26; Strike Price: $166.67) (A)	77		631
TOTAL WARRANTS (Cost $62,446)		$	4,810
SHORT-TERM INVESTMENTS – 2.4%
Short-term funds – 2.4%
John Hancock Collateral Trust, 5.2975% (D)(E)	2,216,932		22,163,559
TOTAL SHORT-TERM INVESTMENTS (Cost $22,170,570)		$	22,163,559
Total Investments (Total Stock Market Index Trust) (Cost $422,368,449) – 100.3%		$	939,439,560
Other assets and liabilities, net – (0.3%)			(3,078,389)
TOTAL NET ASSETS – 100.0%		$	936,361,171

Security Abbreviations and Legend
ADR	American Depositary Receipt
CVR	Contingent Value Right
(A)	Non-income producing security.
(B)	All or a portion of this security is on loan as of 3-31-24. The value of securities on loan amounted to $3,839,783.
(C)	Security is valued using significant unobservable inputs and is classified as Level 3 in the fair value hierarchy.
(D)	The rate shown is the annualized seven-day yield as of 3-31-24.
(E)	Investment is an affiliate of the fund, the advisor and/or subadvisor. A portion of this security represents the investment of cash collateral received for securities lending. Market value of this investment amounted to $3,966,928.

 

DERIVATIVES

FUTURES

Open contracts	Number of contracts	Position	Expiration date	Notional basis^	Notional value^	Unrealized appreciation (depreciation)
Russell 2000 E-Mini Index Futures	22	Long	Jun 2024	$2,317,666	$2,360,490	$42,824
S&P 500 E-Mini Index Futures	70	Long	Jun 2024	18,286,162	18,579,750	293,588
						$336,412

^ Notional basis refers to the contractual amount agreed upon at inception of open contracts; notional value represents the current value of the open contract.

Ultra Short Term Bond Trust

		Shares or Principal Amount	Value
U.S. GOVERNMENT AND AGENCY OBLIGATIONS – 0.6%
U.S. Government Agency – 0.6%
Federal Home Loan Mortgage Corp.
5.349%, (1 Year CMT + 2.231%), 05/01/2034 (A)	$	74,533	$	75,089

Ultra Short Term Bond Trust (continued)

		Shares or Principal Amount	Value
U.S. GOVERNMENT AND AGENCY OBLIGATIONS (continued)
U.S. Government Agency (continued)
Federal Home Loan Mortgage Corp. (continued)
5.356%, (1 Year Refinitiv USD IBOR Consumer Cash Fallback Rate + 1.558%), 02/01/2036 (A)	$	27,355	$	27,771

 

306

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Ultra Short Term Bond Trust (continued)

		Shares or Principal Amount	Value
U.S. GOVERNMENT AND AGENCY OBLIGATIONS (continued)
U.S. Government Agency (continued)
Federal Home Loan Mortgage Corp. (continued)
5.375%, (1 Year Refinitiv USD IBOR Consumer Cash Fallback Rate + 1.587%), 05/01/2037 (A)	$	44,910	$	45,594
5.467%, (1 Year CMT + 2.165%), 11/01/2036 (A)		56,465		57,018
5.697%, (1 Year Refinitiv USD IBOR Consumer Cash Fallback Rate + 1.447%), 06/01/2036 (A)		13,904		14,115
5.770%, (1 Year Refinitiv USD IBOR Consumer Cash Fallback Rate + 1.639%), 09/01/2043 (A)		157,177		159,573
5.815%, (6 month Refinitiv USD IBOR Consumer Cash Fallback Rate + 1.565%), 12/01/2036 (A)		19,386		19,562
6.098%, (1 Year CMT + 2.083%), 12/01/2035 (A)		70,698		70,767
6.295%, (1 Year CMT + 2.295%), 08/01/2035 (A)		54,391		54,986
7.390%, (6 month Refinitiv USD IBOR Consumer Cash Fallback Rate + 1.515%), 12/01/2035 (A)		15,660		15,782
Federal National Mortgage Association
5.420%, (1 Year Refinitiv USD IBOR Consumer Cash Fallback Rate + 1.295%), 10/01/2038 (A)		21,711		21,921
5.513%, (1 Year Refinitiv USD IBOR Consumer Cash Fallback Rate + 1.567%), 07/01/2035 (A)		94,996		96,675
5.699%, (1 Year Refinitiv USD IBOR Consumer Cash Fallback Rate + 1.450%), 04/01/2035 (A)		179,128		181,437
6.084%, (1 Year CMT + 2.271%), 07/01/2035 (A)		58,804		59,537
6.098%, (1 Year CMT + 2.333%), 05/01/2034 (A)		38,894		39,462
6.268%, (1 Year CMT + 2.167%), 01/01/2036 (A)		77,114		77,794
6.274%, (1 Year CMT + 2.149%), 01/01/2036 (A)		25,597		25,837
6.314%, (1 Year CMT + 2.204%), 05/01/2036 (A)		113,001		114,126
6.323%, (1 Year CMT + 2.194%), 02/01/2035 (A)		86,773		87,589
7.177%, (6 month Refinitiv USD IBOR Consumer Cash Fallback Rate + 1.485%), 10/01/2035 (A)		67,277		67,920
7.221%, (6 month Refinitiv USD IBOR Consumer Cash Fallback Rate + 1.517%), 02/01/2035 (A)		39,679		40,073
Government National Mortgage Association 3.625%, (1 Year CMT + 1.500%), 08/20/2032 (A)		75,887		74,510
				1,427,138
TOTAL U.S. GOVERNMENT AND AGENCY OBLIGATIONS (Cost $1,479,736)			$	1,427,138
CORPORATE BONDS – 55.5%
Communication services – 2.1%
Charter Communications Operating LLC 4.908%, 07/23/2025		2,000,000		1,975,660

Ultra Short Term Bond Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Communication services (continued)
Comcast Corp. 3.950%, 10/15/2025	$	2,000,000	$	1,966,593
WarnerMedia Holdings, Inc. 3.638%, 03/15/2025		1,111,000		1,088,926
				5,031,179
Consumer discretionary – 8.1%
Amazon.com, Inc.
0.450%, 05/12/2024		4,455,000		4,428,677
2.730%, 04/13/2024		2,000,000		1,997,558
BMW US Capital LLC 2.800%, 04/11/2026 (B)		3,000,000		2,869,828
Booking Holdings, Inc. 3.650%, 03/15/2025		2,000,000		1,967,996
Expedia Group, Inc. 6.250%, 05/01/2025 (B)		1,450,000		1,456,340
Ford Motor Credit Company LLC 4.389%, 01/08/2026		1,107,000		1,079,749
General Motors Financial Company, Inc. 2.900%, 02/26/2025		2,000,000		1,950,989
Hyundai Capital America 5.250%, 01/08/2027 (B)		2,000,000		1,998,204
The Walt Disney Company 3.000%, 02/13/2026		2,000,000		1,928,107
				19,677,448
Consumer staples – 2.4%
Anheuser-Busch Companies LLC 3.650%, 02/01/2026		595,000		581,427
Dollar Tree, Inc. 4.000%, 05/15/2025		2,906,000		2,856,939
Kenvue, Inc. 5.500%, 03/22/2025		1,000,000		1,001,742
Walmart, Inc. 2.850%, 07/08/2024		1,370,000		1,360,478
				5,800,586
Energy – 1.2%
Energy Transfer LP 4.050%, 03/15/2025		1,480,000		1,458,119
MPLX LP 4.875%, 06/01/2025		1,500,000		1,487,446
				2,945,565
Financials – 22.1%
Ally Financial, Inc. 3.875%, 05/21/2024		2,000,000		1,993,999
American Express Company 6.338%, (6.338% to 10-30-25, then Overnight SOFR + 1.330%), 10/30/2026		2,000,000		2,026,390
Ares Capital Corp. 3.875%, 01/15/2026		1,840,000		1,779,716
Bank of America Corp.
1.530%, (1.530% to 12-6-24, then Overnight SOFR + 0.650%), 12/06/2025		2,000,000		1,943,788
4.000%, 04/01/2024		2,000,000		2,000,000
5.729%, (Overnight SOFR + 0.410%), 06/14/2024 (A)		2,855,000		2,855,445
Barclays PLC 3.932%, (3.932% to 5-7-24, then 3 month LIBOR + 1.610%), 05/07/2025		2,000,000		1,995,939
Blackstone Private Credit Fund 7.050%, 09/29/2025		2,000,000		2,029,837

 

307

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Ultra Short Term Bond Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Financials (continued)
BNP Paribas SA 2.819%, (2.819% to 11-19-24, then 3 month CME Term SOFR + 1.373%), 11/19/2025 (B)	$	1,293,000	$	1,268,046
Brighthouse Financial Global Funding 6.100%, (Overnight SOFR + 0.760%), 04/12/2024 (A)(B)		2,000,000		2,000,183
Citigroup, Inc. 3.352%, (3.352% to 4-24-24, then 3 month CME Term SOFR + 1.158%), 04/24/2025		3,000,000		2,995,018
Citizens Bank NA 6.064%, (6.064% to 10-24-24, then Overnight SOFR + 1.450%), 10/24/2025		1,333,000		1,327,650
Credit Agricole SA 1.247%, (1.247% to 1-26-26, then Overnight SOFR + 0.892%), 01/26/2027 (B)		2,000,000		1,853,465
Discover Bank 4.250%, 03/13/2026		2,000,000		1,948,011
JPMorgan Chase & Co.
3.900%, 07/15/2025		3,000,000		2,950,508
5.546%, (5.546% to 12-15-24, then Overnight SOFR + 1.070%), 12/15/2025		1,750,000		1,748,882
Morgan Stanley
2.188%, (2.188% to 4-28-25, then Overnight SOFR + 1.990%), 04/28/2026		2,000,000		1,929,503
3.875%, 04/29/2024		2,000,000		1,997,068
Royal Bank of Canada 5.660%, 10/25/2024		2,000,000		2,001,404
Santander Holdings USA, Inc. 3.244%, 10/05/2026		3,000,000		2,834,169
The Toronto-Dominion Bank 1.200%, 06/03/2026		2,000,000		1,839,456
U.S. Bancorp 5.727%, (5.727% to 10-21-25, then Overnight SOFR + 1.430%), 10/21/2026		1,450,000		1,457,843
UBS Group AG 4.490%, (4.490% to 8-5-24, then 1 Year CMT + 1.600%), 08/05/2025 (B)		2,000,000		1,990,053
Visa, Inc. 3.150%, 12/14/2025		3,000,000		2,917,363
Wells Fargo & Company
3.000%, 02/19/2025		1,495,000		1,462,523
3.300%, 09/09/2024		2,765,000		2,738,674
				53,884,933
Health care – 8.3%
AbbVie, Inc. 3.200%, 05/14/2026		3,000,000		2,895,546
Amgen, Inc. 5.507%, 03/02/2026		1,820,000		1,817,450
Astrazeneca Finance LLC 1.200%, 05/28/2026		2,000,000		1,847,465
Baxter International, Inc. 1.915%, 02/01/2027		2,000,000		1,826,158
Boston Scientific Corp. 1.900%, 06/01/2025		1,000,000		960,709
Bristol-Myers Squibb Company 3.200%, 06/15/2026		3,000,000		2,892,110
CVS Health Corp. 5.000%, 02/20/2026		3,000,000		2,989,524

Ultra Short Term Bond Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Health care (continued)
HCA, Inc. 5.875%, 02/15/2026	$	2,000,000	$	2,008,545
Pfizer Investment Enterprises Pte, Ltd. 4.450%, 05/19/2026		3,000,000		2,968,820
				20,206,327
Industrials – 2.3%
3M Company 3.000%, 08/07/2025 (C)		3,000,000		2,914,143
CSX Corp. 2.600%, 11/01/2026		2,000,000		1,891,528
Daimler Truck Finance North America LLC 5.200%, 01/17/2025 (B)		875,000		871,882
				5,677,553
Information technology – 3.0%
Apple, Inc.
0.700%, 02/08/2026		1,000,000		927,737
2.850%, 05/11/2024		2,000,000		1,993,602
Broadcom, Inc. 3.150%, 11/15/2025		1,470,000		1,422,009
Dell International LLC 6.020%, 06/15/2026		1,429,000		1,447,263
Oracle Corp. 1.650%, 03/25/2026		1,540,000		1,437,322
				7,227,933
Materials – 2.4%
Georgia-Pacific LLC 0.625%, 05/15/2024 (B)		3,000,000		2,981,935
Graphic Packaging International LLC 0.821%, 04/15/2024 (B)		3,000,000		2,994,374
				5,976,309
Real estate – 1.2%
American Tower Corp. 3.125%, 01/15/2027		2,000,000		1,891,007
Realty Income Corp. 5.050%, 01/13/2026		1,143,000		1,138,966
				3,029,973
Utilities – 2.4%
Duke Energy Corp. 2.650%, 09/01/2026		2,000,000		1,888,483
NextEra Energy Capital Holdings, Inc. 4.450%, 06/20/2025		2,500,000		2,469,561
Vistra Operations Company LLC 5.125%, 05/13/2025 (B)		1,500,000		1,486,733
				5,844,777
TOTAL CORPORATE BONDS (Cost $135,819,952)			$	135,302,583
COLLATERALIZED MORTGAGE OBLIGATIONS – 0.2%
Commercial and residential – 0.0%
COLT Mortgage Loan Trust Series 2020-3, Class A1 1.506%, 04/27/2065 (B)(D)		114,715		108,394
U.S. Government Agency – 0.2%
Federal National Mortgage Association Series 2013-10, Class FT (30 day Average SOFR + 0.464%) 5.785%, 04/25/2042 (A)		409,116		402,953
TOTAL COLLATERALIZED MORTGAGE OBLIGATIONS (Cost $524,725)			$	511,347

 

308

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Ultra Short Term Bond Trust (continued)

		Shares or Principal Amount	Value
ASSET BACKED SECURITIES – 22.3%
American Express Credit Account Master Trust Series 2022-3, Class A 3.750%, 08/15/2027	$	2,000,000	$	1,961,455
AmeriCredit Automobile Receivables Trust
Series 2020-1, Class C 1.590%, 10/20/2025		341,048		339,973
Series 2022-1, Class A3 2.450%, 11/18/2026		687,202		675,574
Amur Equipment Finance Receivables XIII LLC Series 2024-1A, Class A2 5.380%, 01/21/2031 (B)		1,000,000		999,913
Avis Budget Rental Car Funding AESOP LLC
Series 2019-3A, Class A 2.360%, 03/20/2026 (B)		2,000,000		1,952,098
Series 2020-1A, Class A 2.330%, 08/20/2026 (B)		475,000		457,855
Series 2020-2A, Class A 2.020%, 02/20/2027 (B)		1,000,000		944,063
Series 2022-3A, Class A 4.620%, 02/20/2027 (B)		850,000		838,877
BA Credit Card Trust Series 2021-A1, Class A1 0.440%, 09/15/2026		3,753,000		3,745,248
Capital One Multi-Asset Execution Trust
Series 2021-A1, Class A1 0.550%, 07/15/2026		720,000		709,417
Series 2023-A1, Class A 4.420%, 05/15/2028		2,000,000		1,974,935
CarMax Auto Owner Trust
Series 2021-2, Class A4 0.810%, 12/15/2026		475,000		453,128
Series 2021-3, Class A3 0.550%, 06/15/2026		1,390,739		1,352,479
Series 2022-1, Class A3 1.470%, 12/15/2026		607,432		591,442
CARS-DB4 LP Series 2020-1A, Class A1 2.690%, 02/15/2050 (B)		887,213		861,464
Carvana Auto Receivables Trust
Series 2021-N4, Class A1 0.830%, 09/11/2028		88,275		87,840
Series 2022-P3, Class A3 4.610%, 11/10/2027		1,000,000		989,680
CCG Receivables Trust Series 2021-1, Class A2 0.300%, 06/14/2027 (B)		113,602		112,947
Chesapeake Funding II LLC
Series 2020-1A, Class A1 0.870%, 08/15/2032 (B)		12,845		12,813
Series 2023-1A, Class A1 5.650%, 05/15/2035 (B)		695,758		696,502
Series 2023-2A, Class A1 6.160%, 10/15/2035 (B)		880,992		886,366
Citizens Auto Receivables Trust Series 2024-1, Class A3 5.110%, 04/17/2028 (B)		1,800,000		1,797,870
CNH Equipment Trust
Series 2020-A, Class A4 1.510%, 04/15/2027		477,904		477,187
Series 2021-B, Class A4 0.700%, 05/17/2027		600,000		562,871

Ultra Short Term Bond Trust (continued)

		Shares or Principal Amount	Value
ASSET BACKED SECURITIES (continued)
Enterprise Fleet Financing LLC Series 2022-3, Class A2 4.380%, 07/20/2029 (B)	$	515,083	$	509,611
Enterprise Fleet Funding LLC
Series 2021-1, Class A2 0.440%, 12/21/2026 (B)		60,162		59,837
Series 2021-2, Class A3 0.740%, 05/20/2027 (B)		1,000,000		960,849
Series 2023-3, Class A2 6.400%, 03/20/2030 (B)		700,000		710,707
Ford Credit Auto Owner Trust Series 2020-2, Class A 1.060%, 04/15/2033 (B)		2,000,000		1,873,526
Ford Credit Floorplan Master Owner Trust Series 2020-2, Class A 1.060%, 09/15/2027		725,000		681,640
GM Financial Automobile Leasing Trust Series 2022-3, Class A3 4.010%, 09/22/2025		1,674,357		1,667,836
GM Financial Consumer Automobile Receivables Trust Series 2021-1, Class A3 0.350%, 10/16/2025		212,411		210,734
GreatAmerica Leasing Receivables Funding LLC
Series 2021-1, Class A4 0.550%, 12/15/2026 (B)		1,332,872		1,303,352
Series 2022-1, Class A3 5.080%, 09/15/2026 (B)		1,500,000		1,494,151
Harley-Davidson Motorcycle Trust Series 2021-B, Class A3 0.560%, 11/16/2026		589,150		577,528
Honda Auto Receivables Owner Trust
Series 2021-1, Class A3 0.270%, 04/21/2025		71,122		70,716
Series 2021-4, Class A3 0.880%, 01/21/2026		815,023		795,160
Hyundai Auto Lease Securitization Trust
Series 2022-A, Class A4 1.320%, 12/15/2025 (B)		1,500,000		1,494,996
Series 2022-C, Class A3 4.380%, 10/15/2025 (B)		900,000		896,014
Hyundai Auto Receivables Trust Series 2021-A, Class A4 0.620%, 05/17/2027		1,500,000		1,451,544
John Deere Owner Trust Series 2023-A, Class A2 5.280%, 03/16/2026		1,804,539		1,801,366
MMAF Equipment Finance LLC
Series 2019-B, Class A3 2.010%, 12/12/2024 (B)		1,837		1,835
Series 2022-B, Class A2 5.570%, 09/09/2025 (B)		26,284		26,281
Nissan Auto Receivables Owner Trust Series 2020-B, Class A4 0.710%, 02/16/2027		106,005		105,780
Santander Drive Auto Receivables Trust Series 2021-3, Class C 0.950%, 09/15/2027		264,132		263,123
Santander Retail Auto Lease Trust Series 2022-A, Class A3 1.340%, 07/21/2025 (B)		1,251,264		1,238,799
Santander Revolving Auto Loan Trust Series 2019-A, Class A 2.510%, 01/26/2032 (B)		940,000		919,778

 

309

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Ultra Short Term Bond Trust (continued)

		Shares or Principal Amount	Value
ASSET BACKED SECURITIES (continued)
SBNA Auto Lease Trust
Series 2023-A, Class A3 6.510%, 04/20/2027 (B)	$	700,000	$	710,951
Series 2024-A, Class A3 5.390%, 11/20/2026 (B)		1,000,000		1,000,234
SCF Equipment Leasing LLC
Series 2021-1A, Class A3 0.830%, 08/21/2028 (B)		155,508		153,916
Series 2022-2A, Class A3 6.500%, 10/21/2030 (B)		2,000,000		2,019,445
T-Mobile US Trust Series 2022-1A, Class A 4.910%, 05/22/2028 (B)		1,500,000		1,492,997
Toyota Auto Receivables Owner Trust Series 2021-D, Class A4 1.020%, 03/15/2027		750,000		703,506
Toyota Lease Owner Trust Series 2023-A, Class A4 5.050%, 08/20/2027 (B)		1,100,000		1,096,348
WF Card Issuance Trust Series 2024-A1, Class A 4.940%, 02/15/2029		2,000,000		2,003,600
World Omni Auto Receivables Trust
Series 2021-D, Class A3 0.810%, 10/15/2026		835,364		813,283
Series 2021-D, Class A4 1.100%, 11/15/2027		750,000		703,850
World Omni Automobile Lease Securitization Trust Series 2022-A, Class A3 3.210%, 02/18/2025		913,654		911,054
TOTAL ASSET BACKED SECURITIES (Cost $54,066,392)			$	54,206,344
SHORT-TERM INVESTMENTS – 23.7%
U.S. Government – 19.6%
U.S. Treasury Bill
5.035%, 07/11/2024 *		9,000,000		8,870,089
5.045%, 08/08/2024 *		8,150,000		8,000,365
5.176%, 05/21/2024 *		11,000,000		10,919,563
5.228%, 04/02/2024 *		20,075,000		20,072,081
				47,862,098
Short-term funds – 4.1%
John Hancock Collateral Trust, 5.2975% (E)(F)		998,346		9,980,869
TOTAL SHORT-TERM INVESTMENTS (Cost $57,852,360)			$	57,842,967
Total Investments (Ultra Short Term Bond Trust) (Cost $249,743,165) – 102.3%			$	249,290,379
Other assets and liabilities, net – (2.3%)				(5,689,857)
TOTAL NET ASSETS – 100.0%			$	243,600,522

Security Abbreviations and Legend
CME	CME Group Published Rates
CMT	Constant Maturity Treasury
IBOR	Interbank Offered Rate
LIBOR	London Interbank Offered Rate
SOFR	Secured Overnight Financing Rate
(A)	Variable rate obligation. The coupon rate shown represents the rate at period end.
(B)	These securities are exempt from registration under Rule 144A of the Securities Act of 1933. Such securities may be resold, normally to qualified institutional buyers, in transactions exempt from registration. Rule 144A securities amounted to $49,403,832 or 20.3% of the fund's net assets as of 3-31-24.

Ultra Short Term Bond Trust (continued)

(C)	All or a portion of this security is on loan as of 3-31-24. The value of securities on loan amounted to $2,807,910.
(D)	Variable or floating rate security, the interest rate of which adjusts periodically based on a weighted average of interest rates and prepayments on the underlying pool of assets. The interest rate shown is the current rate as of period end.
(E)	The rate shown is the annualized seven-day yield as of 3-31-24.
(F)	Investment is an affiliate of the fund, the advisor and/or subadvisor. A portion of this security represents the investment of cash collateral received for securities lending. Market value of this investment amounted to $2,868,033.
*	Yield represents either the annualized yield at the date of purchase, the stated coupon rate or, for floating rate securities, the rate at period end.

 

310

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Subadvisors of Affiliated Underlying Funds
Allspring Global Investments, LLC	(Allspring Investments)
Axiom Investors LLC	(Axiom)
Dimensional Fund Advisors, LP	(DFA)
Manulife Investment Management (US) LLC	(MIM US)
T. Rowe Price Associates, Inc.	(T. Rowe Price)
Wellington Management Company LLP	(Wellington)

The following portfolios had the following country composition as a percentage of net assets, unless otherwise indicated, on 3-31-24:

Capital Appreciation Trust

United States	89.7%
Denmark	2.3%
Netherlands	2.0%
France	2.0%
Uruguay	1.5%
Canada	1.1%
United Kingdom	1.0%
Other countries	0.4%
TOTAL	100.0%

Equity Income Trust

United States	87.7%
France	3.2%
Germany	2.4%
Switzerland	2.2%
Canada	1.5%
Ireland	1.3%
South Korea	1.0%
Other countries	0.7%
TOTAL	100.0%

Financial Industries Trust

United States	85.0%
Japan	4.7%
Denmark	2.2%
Netherlands	2.0%
Puerto Rico	1.7%
Bermuda	1.6%
Switzerland	1.2%
Canada	1.1%
Other countries	0.5%
TOTAL	100.0%

Fundamental Large Cap Value Trust

United States	86.2%
United Kingdom	3.0%
France	2.4%
Canada	2.1%
Switzerland	1.9%
Belgium	1.5%
South Korea	1.1%
Netherlands	1.1%
Other countries	0.7%
TOTAL	100.0%

Health Sciences Trust

United States	89.5%
United Kingdom	2.8%
Netherlands	2.5%
Denmark	2.1%
Ireland	1.0%
Other countries	2.1%
TOTAL	100.0%

High Yield Trust

United States	75.0%
Cayman Islands	7.2%
Canada	5.6%
France	2.0%
United Kingdom	1.5%
Luxembourg	1.4%
Bermuda	1.4%
Netherlands	1.2%
Other countries	4.7%
TOTAL	100.0%

Investment Quality Bond Trust (as a percentage of total investments)

United States	89.8%
Cayman Islands	2.1%
Other countries	8.1%
TOTAL	100.0%

Strategic Equity Allocation Trust

United States	68.1%
Japan	7.2%
United Kingdom	4.2%
France	3.6%
Switzerland	3.2%
Germany	2.7%
Australia	2.2%
Netherlands	1.7%
Denmark	1.1%
Ireland	1.0%
Other countries	5.0%
TOTAL	100.0%

Strategic Income Opportunities Trust

United States	61.9%
Canada	7.5%
Indonesia	4.1%
Supranational	3.0%
Mexico	2.3%
New Zealand	2.0%
United Kingdom	2.0%
South Korea	2.0%
Australia	1.8%
Norway	1.8%
Other countries	11.6%
TOTAL	100.0%

 

The following portfolios had the following sector composition as a percentage of net assets on 3-31-24:

311

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2024 (unaudited) (showing percentage of total net assets)

Disciplined Value International Trust

Financials	21.9%
Industrials	16.8%
Energy	13.3%
Materials	12.4%
Consumer discretionary	10.8%
Information technology	7.4%
Health care	6.3%
Consumer staples	5.2%
Utilities	2.4%
Communication services	1.4%
Short-term investments and other	2.1%
TOTAL	100.0%

Emerging Markets Value Trust

Financials	29.4%
Information technology	13.5%
Materials	13.3%
Energy	10.5%
Consumer discretionary	10.0%
Industrials	9.8%
Real estate	3.4%
Communication services	2.9%
Consumer staples	2.8%
Health care	2.7%
Utilities	1.3%
Short-term investments and other	0.4%
TOTAL	100.0%

Global Equity Trust

Information technology	18.9%
Financials	16.0%
Industrials	15.4%
Consumer discretionary	9.2%
Health care	8.9%
Consumer staples	8.3%
Communication services	6.7%
Materials	6.7%
Energy	5.7%
Utilities	2.2%
Real estate	1.3%
Short-term investments and other	0.7%
TOTAL	100.0%

International Equity Index Trust

Financials	20.4%
Industrials	13.5%
Information technology	13.0%
Consumer discretionary	11.6%
Health care	9.0%
Consumer staples	7.3%
Materials	7.3%
Energy	5.4%
Communication services	4.9%
Utilities	2.9%
Real estate	1.9%
Short-term investments and other	2.8%
TOTAL	100.0%

International Small Company Trust

Industrials	24.5%
Financials	13.6%
Consumer discretionary	12.3%
Materials	11.5%
Information technology	9.7%
Consumer staples	5.7%
Energy	5.4%
Health care	5.0%
Real estate	4.5%
Communication services	3.6%
Utilities	2.5%
Short-term investments and other	1.7%
TOTAL	100.0%

 

312

John Hancock Variable Insurance Trust

Notes to Portfolio of Investments (unaudited)

Security valuation. Investments are stated at value as of the scheduled close of regular trading on the New York Stock Exchange (NYSE), normally at 4:00 P.M., Eastern Time. In case of emergency or other disruption resulting in the NYSE not opening for trading or the NYSE closing at a time other than the regularly scheduled close, the net asset value (NAV) may be determined as of the regularly scheduled close of the NYSE pursuant to the Valuation Policies and Procedures of the Advisor, John Hancock Investment Management LLC.

In order to value the securities, the portfolios use the following valuation techniques: Equity securities, including exchange-traded or closed-end funds, are typically valued at the last sale price or official closing price on the exchange or principal market where the security trades. In the event there were no sales during the day or closing prices are not available, the securities are valued using the last available bid price. Investments in open-end mutual funds, including John Hancock Collateral Trust (JHCT), are valued at their respective NAVs each business day. Debt obligations are typically valued based on evaluated prices provided by an independent pricing vendor. Independent pricing vendors utilize matrix pricing, which takes into account factors such as institutional-size trading in similar groups of securities, yield, quality, coupon rate, maturity, type of issue, trading characteristics and other market data, as well as broker supplied prices. Exchange-traded options are valued at the mid-price of the last quoted bid and ask prices from the exchange where the option trades. Unlisted options are generally valued using evaluated prices obtained from an independent pricing vendor. Futures contracts whose settlement prices are determined as of the close of the NYSE are typically valued based on the settlement price while other futures contracts are typically valued at the last traded price on the exchange on which they trade. Foreign equity index futures that trade in the electronic trading market subsequent to the close of regular trading may be valued at the last traded price in the electronic trading market as of 4:00 P.M. ET, or may be fair valued based on fair value adjustment factors provided by an independent pricing vendor in order to adjust for events that may occur between the close of foreign exchanges or markets and the close of the NYSE. Swaps are valued using evaluated prices obtained from an independent pricing vendor. Forward foreign currency contracts are valued at the prevailing forward rates which are based on foreign currency exchange spot rates and forward points supplied by an independent pricing vendor. Foreign securities and currencies are valued in U.S. dollars based on foreign currency exchange rates supplied by an independent pricing vendor.

In certain instances, the Pricing Committee of the Advisor may determine to value equity securities using prices obtained from another exchange or market if trading on the exchange or market on which prices are typically obtained did not open for trading as scheduled, or if trading closed earlier than scheduled, and trading occurred as normal on another exchange or market.

Other portfolio securities and assets, for which reliable market quotations are not readily available, are valued at fair value as determined in good faith by the Pricing Committee following procedures established by the Advisor and adopted by the Board of Trustees. The frequency with which these fair valuation procedures are used cannot be predicted and fair value of securities may differ significantly from the value that would have been used had a ready market for such securities existed. Trading in foreign securities may be completed before the scheduled daily close of trading on the NYSE. Significant events at the issuer or market level may affect the values of securities between the time when the valuation of the securities is generally determined and the close of the NYSE. If a significant event occurs, these securities may be fair valued, as determined in good faith by the Pricing Committee, following procedures established by the Advisor and adopted by the Board of Trustees. The Advisor uses fair value adjustment factors provided by an independent pricing vendor to value certain foreign securities in order to adjust for events that may occur between the close of foreign exchanges or markets and the close of the NYSE.

The portfolios use a three tier hierarchy to prioritize the pricing assumptions, referred to as inputs, used in valuation techniques to measure fair value. Level 1 includes securities valued using quoted prices in active markets for identical securities, including registered investment companies. Level 2 includes securities valued using other significant observable inputs. Observable inputs may include quoted prices for similar securities, interest rates, prepayment speeds and credit risk. Prices for securities valued using these inputs are received from independent pricing vendors and brokers and are based on an evaluation of the inputs described. Level 3 includes securities valued using significant unobservable inputs when market prices are not readily available or reliable, including the Advisor's assumptions in determining the fair value of investments. Factors used in determining value may include market or issuer specific events or trends, changes in interest rates and credit quality. The inputs or methodology used for valuing securities are not necessarily an indication of the risks associated with investing in those securities. Changes in valuation techniques and related inputs may result in transfers into or out of an assigned level within the disclosure hierarchy.

The following is a summary of the values by input classification of the portfolios' investments as of March 31, 2024, by major security category or type:

	Total value at 3-31-24	Level 1 quoted price	Level 2 significant observable inputs	Level 3 significant unobservable inputs
500 Index Trust
Investments in securities:
Assets
Common stocks	$9,262,138,881	$9,262,138,881	—	—
Short-term investments	264,029,924	264,029,924	—	—
Total investments in securities	$9,526,168,805	$9,526,168,805	—	—
Derivatives:
Assets
Futures	$4,437,325	$4,437,325	—	—
Active Bond Trust
Investments in securities:
Assets
U.S. Government and Agency obligations	$287,434,988	—	$287,434,988	—

313

	Total value at 3-31-24	Level 1 quoted price	Level 2 significant observable inputs	Level 3 significant unobservable inputs
Active Bond Trust (continued)
Foreign government obligations	$1,617	—	$1,617	—
Corporate bonds	199,820,828	—	199,820,828	—
Capital preferred securities	246,413	—	246,413	—
Municipal bonds	3,254,471	—	3,254,471	—
Collateralized mortgage obligations	19,580,698	—	19,580,698	—
Asset backed securities	29,350,461	—	29,350,461	—
Common stocks	142,006	$115,778	26,228	—
Preferred securities	145,720	145,720	—	—
Short-term investments	1,367,281	1,367,281	—	—
Total investments in securities	$541,344,483	$1,628,779	$539,715,704	—
Derivatives:
Liabilities
Futures	$(8,024)	$(8,024)	—	—
American Asset Allocation Trust
Investments in securities:
Assets
Investment companies	$1,199,181,021	$1,199,181,021	—	—
Total investments in securities	$1,199,181,021	$1,199,181,021	—	—
American Global Growth Trust
Investments in securities:
Assets
Investment companies	$206,658,411	$206,658,411	—	—
Total investments in securities	$206,658,411	$206,658,411	—	—
American Growth Trust
Investments in securities:
Assets
Investment companies	$973,182,975	$973,182,975	—	—
Total investments in securities	$973,182,975	$973,182,975	—	—
American Growth-Income Trust
Investments in securities:
Assets
Investment companies	$951,368,408	$951,368,408	—	—
Total investments in securities	$951,368,408	$951,368,408	—	—
American International Trust
Investments in securities:
Assets
Investment companies	$373,207,844	$373,207,844	—	—
Total investments in securities	$373,207,844	$373,207,844	—	—
Blue Chip Growth Trust
Investments in securities:
Assets
Common stocks
Communication services	$294,199,130	$294,199,130	—	—
Consumer discretionary	275,266,478	275,266,478	—	—
Consumer staples	26,231,942	26,231,942	—	—

314

	Total value at 3-31-24	Level 1 quoted price	Level 2 significant observable inputs	Level 3 significant unobservable inputs
Blue Chip Growth Trust (continued)
Energy	$6,632,174	$6,632,174	—	—
Financials	180,216,333	175,289,122	$4,927,211	—
Health care	229,771,985	229,771,985	—	—
Industrials	30,232,601	30,232,601	—	—
Information technology	827,876,956	827,876,956	—	—
Materials	17,881,207	17,881,207	—	—
Utilities	14,392,051	14,392,051	—	—
Corporate bonds	3,615,317	—	3,615,317	—
Short-term investments	5,193,381	5,193,381	—	—
Total investments in securities	$1,911,509,555	$1,902,967,027	$8,542,528	—
Capital Appreciation Trust
Investments in securities:
Assets
Common stocks
Communication services	$84,904,577	$84,904,577	—	—
Consumer discretionary	129,793,193	122,289,794	$7,503,399	—
Consumer staples	17,926,863	12,402,177	5,524,686	—
Financials	52,537,491	49,584,881	2,952,610	—
Health care	74,699,819	74,699,819	—	—
Industrials	17,653,063	17,653,063	—	—
Information technology	265,353,640	265,353,640	—	—
Real estate	5,342,636	5,342,636	—	—
Short-term investments	4,719	4,719	—	—
Total investments in securities	$648,216,001	$632,235,306	$15,980,695	—
Capital Appreciation Value Trust
Investments in securities:
Assets
Common stocks	$296,635,977	$296,635,977	—	—
Preferred securities	805,409	805,409	—	—
U.S. Government and Agency obligations	53,302,714	—	$53,302,714	—
Corporate bonds	52,408,823	—	52,408,823	—
Term loans	49,617,801	—	49,617,801	—
Asset backed securities	502,041	—	502,041	—
Short-term investments	24,761,778	22,601,778	2,160,000	—
Total investments in securities	$478,034,543	$320,043,164	$157,991,379	—
Derivatives:
Liabilities
Written options	$(1,487,716)	—	$(1,487,716)	—
Core Bond Trust
Investments in securities:
Assets
U.S. Government and Agency obligations	$419,032,666	—	$419,032,666	—
Foreign government obligations	6,946,453	—	6,946,453	—
Corporate bonds	193,965,127	—	193,965,127	—
Municipal bonds	2,819,507	—	2,819,507	—
Collateralized mortgage obligations	124,957,908	—	124,957,908	—
Asset backed securities	64,546,266	—	64,546,266	—
Short-term investments	14,153,150	$14,153,150	—	—
Total investments in securities	$826,421,077	$14,153,150	$812,267,927	—

315

	Total value at 3-31-24	Level 1 quoted price	Level 2 significant observable inputs	Level 3 significant unobservable inputs
Disciplined Value International Trust
Investments in securities:
Assets
Common stocks
Austria	$1,507,816	—	$1,507,816	—
Belgium	790,820	—	790,820	—
Bermuda	8,170,541	$4,789,080	3,381,461	—
Brazil	2,187,853	2,187,853	—	—
Canada	31,539,206	31,539,206	—	—
China	2,318,583	—	2,318,583	—
Finland	3,223,016	—	3,223,016	—
France	30,630,170	—	30,630,170	—
Germany	21,439,311	—	21,439,311	—
Ireland	11,962,290	1,663,948	10,298,342	—
Italy	2,277,444	—	2,277,444	—
Japan	53,553,100	—	53,553,100	—
Jordan	1,766,497	—	1,766,497	—
Luxembourg	2,132,157	—	2,132,157	—
Netherlands	11,250,498	—	11,250,498	—
Singapore	2,649,777	—	2,649,777	—
South Korea	21,487,109	—	21,487,109	—
Spain	2,484,308	—	2,484,308	—
Switzerland	11,865,715	—	11,865,715	—
United Kingdom	57,010,629	6,557,567	50,453,062	—
United States	2,483,690	2,483,690	—	—
Preferred securities	2,353,660	—	2,353,660	—
Short-term investments	8,309,095	8,309,095	—	—
Total investments in securities	$293,393,285	$57,530,439	$235,862,846	—
Emerging Markets Value Trust
Investments in securities:
Assets
Common stocks
Australia	$94,395	—	$94,395	—
Belgium	71,286	—	71,286	—
Brazil	6,578,910	$6,578,910	—	—
Canada	108,126	—	108,126	—
Chile	1,114,966	—	1,114,966	—
China	46,119,990	2,790,609	43,286,481	$42,900
Colombia	137,943	33,257	104,686	—
Cyprus	26,679	—	26,679	—
Czech Republic	271,083	—	271,083	—
Greece	1,074,736	—	1,074,736	—
Hong Kong	6,324,930	—	6,320,046	4,884
Hungary	409,782	—	409,782	—
India	41,938,452	67,610	41,858,175	12,667
Indonesia	3,425,695	—	3,368,765	56,930
Kuwait	1,373,380	—	1,373,380	—
Malaysia	3,496,707	—	3,495,563	1,144
Mexico	6,782,081	78,084	6,703,997	—
Panama	820	—	820	—
Philippines	1,526,007	—	1,525,844	163
Poland	1,988,291	—	1,988,291	—
Qatar	1,777,874	—	1,777,874	—
Russia	60,388	—	—	60,388
Saudi Arabia	8,921,263	—	8,921,263	—
Singapore	62,489	—	62,489	—
South Africa	5,782,391	258,644	5,523,747	—

316

	Total value at 3-31-24	Level 1 quoted price	Level 2 significant observable inputs	Level 3 significant unobservable inputs
Emerging Markets Value Trust (continued)
South Korea	$29,374,948	$2,659,751	$26,642,424	$72,773
Taiwan	42,941,603	—	42,941,603	—
Thailand	3,836,096	—	3,828,867	7,229
Turkey	2,356,197	—	2,356,037	160
United Arab Emirates	3,055,915	—	3,055,915	—
United Kingdom	147,919	147,919	—	—
United States	44,751	—	44,751	—
Preferred securities
Brazil	4,979,466	4,979,466	—	—
Colombia	138,627	—	138,627	—
India	12	—	—	12
Philippines	9,240	—	9,240	—
Warrants	202	202	—	—
Short-term investments	1,522,546	1,522,546	—	—
Total investments in securities	$227,876,186	$19,116,998	$208,499,938	$259,250
Derivatives:
Assets
Futures	$40,270	$40,270	—	—
Level 3 includes securities valued at $0. Refer to Portfolio of Investments.
Equity Income Trust
Investments in securities:
Assets
Common stocks
Communication services	$67,789,330	$67,789,330	—	—
Consumer discretionary	34,881,691	34,881,691	—	—
Consumer staples	118,117,059	118,117,059	—	—
Energy	126,537,868	95,282,175	$31,255,693	—
Financials	338,542,852	338,542,852	—	—
Health care	226,317,843	218,129,997	8,187,846	—
Industrials	179,291,276	179,291,276	—	—
Information technology	135,979,957	121,613,290	14,366,667	—
Materials	44,026,408	44,026,408	—	—
Real estate	58,805,439	58,805,439	—	—
Utilities	85,214,462	85,214,462	—	—
Preferred securities
Consumer discretionary	17,421,795	8,249,597	9,172,198	—
Utilities	2,211,691	2,211,691	—	—
Short-term investments	20,460,872	20,460,872	—	—
Total investments in securities	$1,455,598,543	$1,392,616,139	$62,982,404	—
Financial Industries Trust
Investments in securities:
Assets
Common stocks
Financials
Banks	$44,648,184	$36,241,544	$8,406,640	—
Capital markets	31,945,409	31,945,409	—	—
Consumer finance	5,137,116	5,137,116	—	—
Financial services	11,398,818	10,490,063	908,755	—
Insurance	23,526,819	22,007,942	1,518,877	—
Real estate
Industrial REITs	669,659	—	669,659	—
Specialized REITs	1,498,592	1,498,592	—	—
Convertible bonds	713,338	—	713,338	—

317

	Total value at 3-31-24	Level 1 quoted price	Level 2 significant observable inputs	Level 3 significant unobservable inputs
Financial Industries Trust (continued)
Short-term investments	$1,543,933	$1,543,933	—	—
Total investments in securities	$121,081,868	$108,864,599	$12,217,269	—
Fundamental All Cap Core Trust
Investments in securities:
Assets
Common stocks
Communication services	$235,785,197	$235,785,197	—	—
Consumer discretionary	534,208,277	493,675,844	$40,532,433	—
Consumer staples	81,451,930	81,451,930	—	—
Energy	101,319,049	101,319,049	—	—
Financials	416,265,363	416,265,363	—	—
Health care	155,396,855	155,396,855	—	—
Industrials	170,605,573	170,605,573	—	—
Information technology	638,018,105	638,018,105	—	—
Materials	28,061,999	28,061,999	—	—
Real estate	92,270,629	92,270,629	—	—
Short-term investments	12,568,059	12,568,059	—	—
Total investments in securities	$2,465,951,036	$2,425,418,603	$40,532,433	—
Fundamental Large Cap Value Trust
Investments in securities:
Assets
Common stocks
Communication services	$56,603,308	$56,603,308	—	—
Consumer discretionary	61,617,998	54,427,145	$7,190,853	—
Consumer staples	69,926,605	49,683,989	20,242,616	—
Energy	56,115,717	56,115,717	—	—
Financials	174,524,193	174,524,193	—	—
Health care	132,536,296	132,536,296	—	—
Industrials	111,412,473	103,203,423	8,209,050	—
Information technology	101,533,785	92,405,036	9,128,749	—
Materials	16,901,189	16,901,189	—	—
Real estate	27,111,635	27,111,635	—	—
Escrow certificates	—	—	—	—
Short-term investments	26,088,308	26,088,308	—	—
Total investments in securities	$834,371,507	$789,600,239	$44,771,268	—
Global Equity Trust
Investments in securities:
Assets
Common stocks
France	$43,393,090	—	$43,393,090	—
Germany	2,860,814	—	2,860,814	—
Ireland	17,319,714	$8,693,817	8,625,897	—
Japan	32,701,253	—	32,701,253	—
Netherlands	16,612,548	—	16,612,548	—
Spain	3,975,907	—	3,975,907	—
Switzerland	4,969,595	4,969,595	—	—
United Kingdom	2,655,177	—	2,655,177	—
United States	174,157,134	174,157,134	—	—
Preferred securities	11,357,521	—	11,357,521	—
Escrow certificates	—	—	—	—
Short-term investments	4,500,650	4,500,650	—	—
Total investments in securities	$314,503,403	$192,321,196	$122,182,207	—

318

	Total value at 3-31-24	Level 1 quoted price	Level 2 significant observable inputs	Level 3 significant unobservable inputs
Global Equity Trust (continued)
Level 3 includes securities valued at $0. Refer to Portfolio of Investments.
Health Sciences Trust
Investments in securities:
Assets
Common stocks
Financials	$780,941	$780,941	—	—
Health care	272,576,566	270,149,668	$2,426,898	—
Materials	91,475	91,475	—	—
Preferred securities	787,867	—	787,867	—
Convertible bonds	288,606	—	288,606	—
Warrants	1,194	987	207	—
Short-term investments	1,542,839	1,542,839	—	—
Total investments in securities	$276,069,488	$272,565,910	$3,503,578	—
High Yield Trust
Investments in securities:
Assets
Foreign government obligations	$553,159	—	$553,159	—
Corporate bonds	152,590,744	—	152,590,744	—
Convertible bonds	906,292	—	906,292	—
Term loans	7,721,965	—	7,252,213	$469,752
Asset backed securities	12,886,438	—	12,886,438	—
Common stocks	985,277	$970,593	—	14,684
Preferred securities	645,497	—	645,497	—
Escrow shares	64,087	—	—	64,087
Escrow certificates	—	—	—	—
Short-term investments	13,714,014	13,714,014	—	—
Total investments in securities	$190,067,473	$14,684,607	$174,834,343	$548,523
Derivatives:
Assets
Futures	$17,431	$17,431	—	—
Forward foreign currency contracts	377	—	$377	—
Swap contracts	600,690	—	600,690	—
Liabilities
Forward foreign currency contracts	(9,985)	—	(9,985)	—
Swap contracts	(313,823)	—	(313,823)	—
Level 3 includes securities valued at $0. Refer to Portfolio of Investments.
International Equity Index Trust
Investments in securities:
Assets
Common stocks
Australia	$41,462,202	—	$41,462,202	—
Austria	1,086,711	—	1,086,711	—
Belgium	4,634,298	—	4,634,298	—
Brazil	9,240,290	$9,236,488	3,802	—
Canada	68,260,956	67,962,790	298,166	—
Chile	1,490,870	382,580	1,108,290	—
China	56,294,427	3,797,055	52,497,372	—
Colombia	131,644	131,644	—	—
Czech Republic	397,446	—	397,446	—
Denmark	21,305,874	—	21,305,874	—

319

	Total value at 3-31-24	Level 1 quoted price	Level 2 significant observable inputs	Level 3 significant unobservable inputs
International Equity Index Trust (continued)
Egypt	$174,579	—	$174,579	—
Finland	5,613,652	—	5,613,652	—
France	68,703,701	—	68,703,701	—
Germany	47,809,678	—	47,809,678	—
Greece	1,249,501	—	1,246,476	$3,025
Hong Kong	14,428,122	$92,055	14,324,291	11,776
Hungary	621,979	—	621,979	—
India	44,095,352	3,591,407	40,503,945	—
Indonesia	4,702,016	7,969	4,694,047	—
Ireland	10,697,474	2,997,363	7,700,111	—
Israel	4,325,807	1,564,542	2,761,265	—
Italy	13,863,112	—	13,863,112	—
Japan	138,056,764	—	138,056,764	—
Jordan	167,087	—	167,087	—
Luxembourg	1,242,574	—	1,242,574	—
Macau	259,554	—	259,554	—
Malaysia	3,426,182	—	3,426,182	—
Mexico	6,710,520	—	6,710,520	—
Netherlands	31,657,625	—	31,657,625	—
New Zealand	1,419,821	—	1,419,821	—
Norway	3,440,046	—	3,440,046	—
Peru	540,449	540,449	—	—
Philippines	1,670,176	—	1,670,176	—
Poland	2,439,138	—	2,439,138	—
Portugal	875,170	—	875,170	—
Russia	170,625	—	—	170,625
Saudi Arabia	10,453,613	—	10,453,613	—
Singapore	7,800,799	880,565	6,920,234	—
South Africa	6,229,854	—	6,229,854	—
South Korea	30,234,179	80,500	30,153,679	—
Spain	15,708,972	—	15,612,390	96,582
Sweden	18,059,955	—	18,059,955	—
Switzerland	58,579,096	—	58,579,096	—
Taiwan	43,082,005	—	43,082,005	—
Thailand	3,755,140	—	3,755,140	—
Turkey	1,685,943	—	1,685,943	—
United Arab Emirates	—	—	—	—
United Kingdom	77,104,401	—	77,104,401	—
United States	1,404,009	1,037,352	366,657	—
Preferred securities
Brazil	3,693,396	3,693,396	—	—
Chile	23,907	—	23,907	—
Germany	2,657,203	—	2,657,203	—
South Korea	1,713,199	—	1,713,199	—
Warrants	—	—	—	—
Short-term investments	21,495,505	21,495,505	—	—
Total investments in securities	$916,346,598	$117,491,660	$798,572,930	$282,008
Derivatives:
Assets
Futures	$86,183	$86,183	—	—
Liabilities
Futures	(91,934)	(91,934)	—	—
Level 3 includes securities valued at $0. Refer to Portfolio of Investments.

320

	Total value at 3-31-24	Level 1 quoted price	Level 2 significant observable inputs	Level 3 significant unobservable inputs
International Small Company Trust
Investments in securities:
Assets
Common stocks
Australia	$7,715,699	$85,844	$7,585,995	$43,860
Austria	1,493,744	—	1,493,744	—
Belgium	1,639,776	38,648	1,599,857	1,271
Bermuda	234,096	—	234,096	—
Cambodia	23,178	—	23,178	—
Canada	11,120,342	11,078,068	42,020	254
China	5,921	—	5,921	—
Denmark	2,788,009	—	2,788,009	—
Finland	2,134,524	—	2,134,524	—
France	4,935,372	—	4,935,372	—
Gabon	3,620	—	3,620	—
Georgia	93,446	—	93,446	—
Germany	5,992,320	—	5,992,320	—
Greece	21,771	—	21,705	66
Guernsey, Channel Islands	144	—	—	144
Hong Kong	1,907,955	—	1,907,659	296
Ireland	529,617	—	529,617	—
Isle of Man	69,262	—	69,262	—
Israel	1,406,273	16,548	1,389,725	—
Italy	4,327,641	—	4,327,641	—
Japan	25,463,341	—	25,463,341	—
Jersey, Channel Islands	82,576	—	82,576	—
Jordan	95,941	—	95,941	—
Liechtenstein	78,632	—	78,632	—
Luxembourg	511,366	—	511,366	—
Macau	1,953	—	1,953	—
Malaysia	19,048	—	19,048	—
Malta	3,395	—	3,395	—
Mauritius	10,265	—	10,265	—
Mexico	8,215	—	8,215	—
Netherlands	2,027,680	—	2,027,680	—
New Zealand	348,840	—	348,840	—
Norway	852,431	—	852,431	—
Peru	26,497	—	26,497	—
Poland	44,280	—	44,280	—
Portugal	434,829	—	434,829	—
Singapore	1,038,022	—	1,027,627	10,395
Spain	2,329,074	—	2,329,074	—
Sweden	2,778,021	—	2,778,021	—
Switzerland	8,008,980	—	8,008,980	—
Taiwan	12,543	—	12,543	—
Thailand	1,149	—	1,149	—
United Arab Emirates	48,332	—	48,332	—
United Kingdom	12,913,441	—	12,879,522	33,919
United States	770,132	235,417	534,715	—
Preferred securities	416,399	—	416,399	—
Warrants	1,148	257	891	—
Rights	57	57	—	—
Short-term investments	4,072,687	4,072,687	—	—
Total investments in securities	$108,841,984	$15,527,526	$93,224,253	$90,205
Derivatives:
Assets
Futures	$2,783	$2,783	—	—

321

	Total value at 3-31-24	Level 1 quoted price	Level 2 significant observable inputs	Level 3 significant unobservable inputs
International Small Company Trust (continued)
Level 3 includes securities valued at $0. Refer to Portfolio of Investments.
Investment Quality Bond Trust
Investments in securities:
Assets
U.S. Government and Agency obligations	$144,813,403	—	$144,813,403	—
Foreign government obligations	7,108,969	—	7,108,969	—
Corporate bonds	62,827,130	—	62,827,130	—
Municipal bonds	3,326,231	—	3,326,231	—
Collateralized mortgage obligations	26,658,558	—	26,658,558	—
Asset backed securities	22,541,783	—	22,541,783	—
Short-term investments	4,600,000	—	4,600,000	—
Total investments in securities	$271,876,074	—	$271,876,074	—
Derivatives:
Assets
Futures	$20,021	$20,021	—	—
Forward foreign currency contracts	68,647	—	$68,647	—
Swap contracts	1,062,335	—	1,062,335	—
Liabilities
Futures	(202,158)	(202,158)	—	—
Forward foreign currency contracts	(3,731)	—	(3,731)	—
Lifestyle Balanced Portfolio
Investments in securities:
Assets
Affiliated investment companies	$985,310,224	$985,310,224	—	—
Short-term investments	21	21	—	—
Total investments in securities	$985,310,245	$985,310,245	—	—
Lifestyle Conservative Portfolio
Investments in securities:
Assets
Affiliated investment companies	$161,930,000	$161,930,000	—	—
Short-term investments	2,172	2,172	—	—
Total investments in securities	$161,932,172	$161,932,172	—	—
Lifestyle Growth Portfolio
Investments in securities:
Assets
Affiliated investment companies	$5,303,325,262	$5,303,325,262	—	—
Total investments in securities	$5,303,325,262	$5,303,325,262	—	—
Lifestyle Moderate Portfolio
Investments in securities:
Assets
Affiliated investment companies	$287,528,881	$287,528,881	—	—
Short-term investments	1,568	1,568	—	—
Total investments in securities	$287,530,449	$287,530,449	—	—

322

	Total value at 3-31-24	Level 1 quoted price	Level 2 significant observable inputs	Level 3 significant unobservable inputs
Managed Volatility Balanced Portfolio
Investments in securities:
Assets
Affiliated investment companies	$4,163,556,134	$4,163,556,134	—	—
Unaffiliated investment companies	84,919,730	84,919,730	—	—
Short-term investments	31,936,898	31,936,898	—	—
Total investments in securities	$4,280,412,762	$4,280,412,762	—	—
Derivatives:
Assets
Futures	$4,286,495	$4,286,495	—	—
Liabilities
Futures	(438,813)	(438,813)	—	—
Managed Volatility Conservative Portfolio
Investments in securities:
Assets
Affiliated investment companies	$554,803,438	$554,803,438	—	—
Unaffiliated investment companies	4,699,935	4,699,935	—	—
Short-term investments	5,078,052	5,078,052	—	—
Total investments in securities	$564,581,425	$564,581,425	—	—
Derivatives:
Assets
Futures	$62,307	$62,307	—	—
Liabilities
Futures	(4,736)	(4,736)	—	—
Managed Volatility Growth Portfolio
Investments in securities:
Assets
Affiliated investment companies	$5,496,833,394	$5,496,833,394	—	—
Unaffiliated investment companies	145,315,539	145,315,539	—	—
Short-term investments	47,188,524	47,188,524	—	—
Total investments in securities	$5,689,337,457	$5,689,337,457	—	—
Derivatives:
Assets
Futures	$7,956,725	$7,956,725	—	—
Liabilities
Futures	(860,856)	(860,856)	—	—
Managed Volatility Moderate Portfolio
Investments in securities:
Assets
Affiliated investment companies	$1,107,102,137	$1,107,102,137	—	—
Unaffiliated investment companies	21,773,562	21,773,562	—	—
Short-term investments	8,985,253	8,985,253	—	—
Total investments in securities	$1,137,860,952	$1,137,860,952	—	—
Derivatives:
Assets
Futures	$977,204	$977,204	—	—
Liabilities
Futures	(90,006)	(90,006)	—	—

323

	Total value at 3-31-24	Level 1 quoted price	Level 2 significant observable inputs	Level 3 significant unobservable inputs
Mid Cap Growth Trust
Investments in securities:
Assets
Common stocks	$626,293,165	$626,293,165	—	—
Preferred securities	4,051,367	—	—	$4,051,367
Short-term investments	12,929,225	8,029,225	$4,900,000	—
Total investments in securities	$643,273,757	$634,322,390	$4,900,000	$4,051,367
Mid Cap Index Trust
Investments in securities:
Assets
Common stocks	$1,244,585,516	$1,244,585,516	—	—
Short-term investments	63,225,275	63,225,275	—	—
Total investments in securities	$1,307,810,791	$1,307,810,791	—	—
Derivatives:
Assets
Futures	$1,725,819	$1,725,819	—	—
Mid Value Trust
Investments in securities:
Assets
Common stocks
Communication services	$13,884,609	$13,884,609	—	—
Consumer discretionary	60,374,592	51,624,596	$8,749,996	—
Consumer staples	36,428,848	36,428,848	—	—
Energy	45,741,449	45,741,449	—	—
Financials	102,998,300	102,998,300	—	—
Health care	63,374,543	63,374,543	—	—
Industrials	102,779,599	92,834,404	9,945,195	—
Information technology	76,470,324	76,470,324	—	—
Materials	38,479,604	38,479,604	—	—
Real estate	40,999,381	40,999,381	—	—
Utilities	40,547,109	40,547,109	—	—
Convertible bonds	1,950,286	—	1,950,286	—
Short-term investments	35,683,600	35,683,600	—	—
Total investments in securities	$659,712,244	$639,066,767	$20,645,477	—
Opportunistic Fixed Income Trust
Investments in securities:
Assets
U.S. Government and Agency obligations	$59,232,799	—	$59,232,799	—
Foreign government obligations	62,559,436	—	62,559,436	—
Corporate bonds	22,927,692	—	22,927,692	—
Convertible bonds	10,340,372	—	10,340,372	—
Municipal bonds	292,802	—	292,802	—
Term loans	3,585,826	—	3,585,826	—
Collateralized mortgage obligations	6,342,462	—	6,342,462	—
Asset backed securities	5,121,182	—	5,121,182	—
Common stocks	20,561	$20,561	—	—
Preferred securities	999,044	999,044	—	—
Short-term investments	18,009,483	17,909,629	99,854	—
Total investments in securities	$189,431,659	$18,929,234	$170,502,425	—
Liabilities
Sale commitments outstanding	$(5,194,298)	—	$(5,194,298)	—

324

	Total value at 3-31-24	Level 1 quoted price	Level 2 significant observable inputs	Level 3 significant unobservable inputs
Opportunistic Fixed Income Trust (continued)
Derivatives:
Assets
Futures	$161,183	$161,183	—	—
Forward foreign currency contracts	640,698	—	$640,698	—
Swap contracts	1,693,132	—	1,693,132	—
Liabilities
Futures	(238,623)	(238,623)	—	—
Forward foreign currency contracts	(470,999)	—	(470,999)	—
Swap contracts	(3,696,613)	—	(3,696,613)	—
Real Estate Securities Trust
Investments in securities:
Assets
Common stocks	$289,886,917	$289,886,917	—	—
Short-term investments	2,915,911	2,915,911	—	—
Total investments in securities	$292,802,828	$292,802,828	—	—
Science & Technology Trust
Investments in securities:
Assets
Common stocks
Communication services	$148,834,766	$148,834,766	—	—
Consumer discretionary	27,244,101	27,244,101	—	—
Financials	6,687,965	1,581,706	$5,106,259	—
Industrials	11,980,160	11,980,160	—	—
Information technology	854,969,300	849,614,861	5,354,439	—
Short-term investments	14,526,716	14,526,716	—	—
Total investments in securities	$1,064,243,008	$1,053,782,310	$10,460,698	—
Select Bond Trust
Investments in securities:
Assets
U.S. Government and Agency obligations	$3,316,317,233	—	$3,316,317,233	—
Corporate bonds	1,891,215,316	—	1,891,215,316	—
Municipal bonds	33,700,815	—	33,700,815	—
Collateralized mortgage obligations	253,583,803	—	253,583,803	—
Asset backed securities	435,837,752	—	435,837,752	—
Short-term investments	18,185,407	$18,185,407	—	—
Total investments in securities	$5,948,840,326	$18,185,407	$5,930,654,919	—
Derivatives:
Liabilities
Futures	$(56,209)	$(56,209)	—	—
Short Term Government Income Trust
Investments in securities:
Assets
U.S. Government and Agency obligations	$157,167,330	—	$157,167,330	—
Municipal bonds	4,756,725	—	4,756,725	—
Collateralized mortgage obligations	805,648	—	805,648	—
Short-term investments	794,206	$794,206	—	—
Total investments in securities	$163,523,909	$794,206	$162,729,703	—

325

	Total value at 3-31-24	Level 1 quoted price	Level 2 significant observable inputs	Level 3 significant unobservable inputs
Short Term Government Income Trust (continued)
Derivatives:
Assets
Futures	$20,511	$20,511	—	—
Small Cap Index Trust
Investments in securities:
Assets
Common stocks
Communication services	$10,998,628	$10,998,628	—	—
Consumer discretionary	55,510,405	55,481,246	$29,159	—
Consumer staples	16,929,906	16,929,906	—	—
Energy	37,374,508	37,374,508	—	—
Financials	81,201,891	81,201,891	—	—
Health care	78,515,478	78,398,831	—	$116,647
Industrials	89,481,431	89,481,431	—	—
Information technology	75,991,436	75,991,436	—	—
Materials	23,214,826	23,201,708	—	13,118
Real estate	28,639,763	28,639,763	—	—
Utilities	12,784,877	12,784,877	—	—
Rights	—	—	—	—
Warrants	18,850	18,850	—	—
Short-term investments	24,889,221	24,889,221	—	—
Total investments in securities	$535,551,220	$535,392,296	$29,159	$129,765
Derivatives:
Assets
Futures	$602,763	$602,763	—	—
Level 3 includes securities valued at $0. Refer to Portfolio of Investments.
Small Cap Opportunities Trust
Investments in securities:
Assets
Common stocks
Communication services	$3,496,978	$3,496,429	—	$549
Consumer discretionary	26,272,840	26,272,840	—	—
Consumer staples	3,992,602	3,992,602	—	—
Energy	14,646,833	14,646,833	—	—
Financials	35,341,083	35,341,083	—	—
Health care	18,309,574	18,289,691	—	19,883
Industrials	30,948,200	30,948,200	—	—
Information technology	17,297,363	17,297,363	—	—
Materials	12,040,402	12,029,694	—	10,708
Real estate	2,788,452	2,788,452	—	—
Utilities	257,844	257,844	—	—
Preferred securities	39,649	39,649	—	—
Short-term investments	1,370,627	1,370,627	—	—
Total investments in securities	$166,802,447	$166,771,307	—	$31,140
Level 3 includes securities valued at $0. Refer to Portfolio of Investments.
Small Cap Stock Trust
Investments in securities:
Assets
Common stocks	$287,599,345	$287,599,345	—	—
Exchange-traded funds	1,528,937	1,528,937	—	—

326

	Total value at 3-31-24	Level 1 quoted price	Level 2 significant observable inputs	Level 3 significant unobservable inputs
Small Cap Stock Trust (continued)
Short-term investments	$3,811,073	$511,073	$3,300,000	—
Total investments in securities	$292,939,355	$289,639,355	$3,300,000	—
Small Cap Value Trust
Investments in securities:
Assets
Common stocks	$459,459,599	$459,459,599	—	—
Short-term investments	5,880,147	80,147	$5,800,000	—
Total investments in securities	$465,339,746	$459,539,746	$5,800,000	—
Small Company Value Trust
Investments in securities:
Assets
Common stocks	$127,903,514	$127,903,514	—	—
Warrants	611	611	—	—
Short-term investments	4,727,204	4,727,204	—	—
Total investments in securities	$132,631,329	$132,631,329	—	—
Strategic Equity Allocation Trust
Investments in securities:
Assets
Common stocks
Communication services	$455,395,750	$366,776,361	$88,619,389	—
Consumer discretionary	805,674,879	529,025,481	276,649,398	—
Consumer staples	462,357,428	272,124,530	190,232,898	—
Energy	304,676,002	211,754,302	92,921,700	—
Financials	1,101,171,490	662,086,193	439,085,297	—
Health care	874,621,349	589,319,056	285,220,275	$82,018
Industrials	912,429,369	533,485,056	378,944,313	—
Information technology	1,472,320,142	1,263,677,588	208,642,554	—
Materials	312,391,856	148,096,609	164,284,999	10,248
Real estate	201,536,664	149,178,303	52,358,361	—
Utilities	184,192,433	113,504,495	70,687,938	—
Preferred securities	10,373,774	—	10,373,774	—
Rights	—	—	—	—
Warrants	58,853	58,853	—	—
Short-term investments	355,377,901	355,377,901	—	—
Total investments in securities	$7,452,577,890	$5,194,464,728	$2,258,020,896	$92,266
Derivatives:
Assets
Futures	$4,284,844	$4,284,844	—	—
Liabilities
Futures	(193,577)	(193,577)	—	—
Level 3 includes securities valued at $0. Refer to Portfolio of Investments.
Strategic Income Opportunities Trust
Investments in securities:
Assets
U.S. Government and Agency obligations	$57,410,734	—	$57,410,734	—
Foreign government obligations	93,174,603	—	93,174,603	—
Corporate bonds	173,929,043	—	173,929,043	—
Convertible bonds	11,133,222	—	11,133,222	—
Municipal bonds	9,276,600	—	9,276,600	—

327

	Total value at 3-31-24	Level 1 quoted price	Level 2 significant observable inputs	Level 3 significant unobservable inputs
Strategic Income Opportunities Trust (continued)
Term loans	$2,386,416	—	$2,386,416	—
Collateralized mortgage obligations	25,086,539	—	25,086,539	—
Asset backed securities	6,771,454	—	6,771,454	—
Preferred securities	2,774,027	$2,774,027	—	—
Short-term investments	13,146,931	13,146,931	—	—
Total investments in securities	$395,089,569	$15,920,958	$379,168,611	—
Derivatives:
Assets
Futures	$26,371	$26,371	—	—
Forward foreign currency contracts	1,256,327	—	$1,256,327	—
Liabilities
Futures	(62,888)	(62,888)	—	—
Forward foreign currency contracts	(783,828)	—	(783,828)	—
Total Bond Market Trust
Investments in securities:
Assets
U.S. Government and Agency obligations	$653,843,045	—	$653,843,045	—
Foreign government obligations	7,652,441	—	7,652,441	—
Corporate bonds	242,743,655	—	242,743,655	—
Municipal bonds	3,079,566	—	3,079,566	—
Collateralized mortgage obligations	16,623,141	—	16,623,141	—
Asset backed securities	4,434,682	—	4,434,682	—
Short-term investments	6,608,639	$6,608,639	—	—
Total investments in securities	$934,985,169	$6,608,639	$928,376,530	—
Total Stock Market Index Trust
Investments in securities:
Assets
Common stocks
Communication services	$76,943,475	$76,943,260	$215	—
Consumer discretionary	98,589,855	98,583,955	5,871	$29
Consumer staples	54,912,402	54,912,402	—	—
Energy	36,748,680	36,748,041	—	639
Financials	127,940,572	127,934,973	5,599	—
Health care	112,158,537	112,128,885	1,339	28,313
Industrials	90,847,421	90,847,421	—	—
Information technology	250,714,851	250,714,851	—	—
Materials	26,079,108	26,078,913	—	195
Real estate	23,712,103	23,709,128	—	2,975
Utilities	18,598,989	18,598,989	—	—
Preferred securities	25,198	25,198	—	—
Rights	—	—	—	—
Warrants	4,810	4,810	—	—
Short-term investments	22,163,559	22,163,559	—	—
Total investments in securities	$939,439,560	$939,394,385	$13,024	$32,151
Derivatives:
Assets
Futures	$336,412	$336,412	—	—
Level 3 includes securities valued at $0. Refer to Portfolio of Investments.

328

	Total value at 3-31-24	Level 1 quoted price	Level 2 significant observable inputs	Level 3 significant unobservable inputs
Ultra Short Term Bond Trust
Investments in securities:
Assets
U.S. Government and Agency obligations	$1,427,138	—	$1,427,138	—
Corporate bonds	135,302,583	—	135,302,583	—
Collateralized mortgage obligations	511,347	—	511,347	—
Asset backed securities	54,206,344	—	54,206,344	—
Short-term investments	57,842,967	$9,980,869	47,862,098	—
Total investments in securities	$249,290,379	$9,980,869	$239,309,510	—

Investment in affiliated underlying funds. Lifestyle Balanced Portfolio, Lifestyle Conservative Portfolio, Lifestyle Growth Portfolio, Lifestyle Moderate Portfolio, Managed Volatility Balanced Portfolio, Managed Volatility Conservative Portfolio, Managed Volatility Growth Portfolio and Managed Volatility Moderate Portfolio invest primarily in affiliated underlying funds that are managed by the Advisor and its affiliates. The portfolios do not invest in the affiliated underlying funds for the purpose of exercising management or control; however, the portfolios’ investment may represent a significant portion of each underlying funds’ net assets.

Information regarding the portfolios' fiscal year to date purchases and sales of the affiliated underlying funds as well as income and capital gains earned by the portfolios, if any, is as follows:

							Dividends and distributions
Affiliate	Ending share amount	Beginning value	Cost of purchases	Proceeds from shares sold	Realized gain (loss)	Change in unrealized appreciation (depreciation)	Income distributions received	Capital gain distributions received	Ending value
500 Index Trust
John Hancock Collateral Trust	26,409,859	$228,230,262	$207,369,357	$(171,491,041)	$26,568	$(105,222)	$3,082,480	—	$264,029,924
Active Bond Trust
John Hancock Collateral Trust	136,764	$8,344,633	$84,082,213	$(91,059,114)	$(484)	$33	$36,785	—	$1,367,281
Blue Chip Growth Trust
John Hancock Collateral Trust	233,276	$5,112,872	$40,579,799	$(43,360,645)	$500	$(374)	$1,879	—	$2,332,152
Capital Appreciation Trust
John Hancock Collateral Trust	—	$4,845,876	$2,493,212	$(7,339,308)	$1,323	$(1,103)	$8,682	—	—
Capital Appreciation Value Trust
John Hancock Collateral Trust	—	$3,677,578	$3,726,575	$(7,404,452)	$422	$(123)	$1,121	—	—
Core Bond Trust
John Hancock Collateral Trust	18,658	$1,029,703	$2,920,430	$(3,763,595)	$(12)	$7	$152	—	$186,533
Disciplined Value International Trust
John Hancock Collateral Trust	660,906	$6,109,309	$18,288,059	$(17,789,143)	$688	$(1,567)	$8,033	—	$6,607,346
Emerging Markets Value Trust
John Hancock Collateral Trust	152,294	$1,139,355	$2,407,864	$(2,024,179)	$(45)	$(449)	$29,177	—	$1,522,546
Equity Income Trust
John Hancock Collateral Trust	1,377,730	$2,210,073	$47,173,005	$(35,606,754)	$901	$(3,503)	$48,196	—	$13,773,722
Financial Industries Trust
John Hancock Collateral Trust	154,433	$2,976,155	$9,470,053	$(10,901,969)	$41	$(347)	$24,391	—	$1,543,933
Fundamental All Cap Core Trust
John Hancock Collateral Trust	1,257,133	$27,258,499	$49,993,406	$(64,681,426)	$(252)	$(2,168)	$321,434	—	$12,568,059
Fundamental Large Cap Value Trust
John Hancock Collateral Trust	2,609,509	$20,392,038	$27,677,960	$(21,976,620)	$38	$(5,108)	$248,967	—	$26,088,308
High Yield Trust
John Hancock Collateral Trust	1,235,974	$7,444,672	$16,914,964	$(11,998,949)	$118	$(4,280)	$42,596	—	$12,356,525

329

							Dividends and distributions
Affiliate	Ending share amount	Beginning value	Cost of purchases	Proceeds from shares sold	Realized gain (loss)	Change in unrealized appreciation (depreciation)	Income distributions received	Capital gain distributions received	Ending value
International Equity Index Trust
John Hancock Collateral Trust	346,469	$1,827,717	$8,306,081	$(6,669,381)	$323	$(952)	$9,441	—	$3,463,788
International Small Company Trust
John Hancock Collateral Trust	407,375	$4,257,109	$4,070,897	$(4,254,431)	$657	$(1,545)	$12,878	—	$4,072,687
Investment Quality Bond Trust
John Hancock Collateral Trust	—	$234,527	$564,066	$(798,604)	$(5)	$16	$66	—	—
Lifestyle Balanced Portfolio
John Hancock Collateral Trust	2	$15	$6	—	—	—	—	—	$21
Select Bond	41,340,529	480,533,143	8,106,203	$(3,356,373)	$(579,367)	$(1,019,417)	—	—	483,684,189
Strategic Equity Allocation	27,041,835	485,214,555	—	(23,757,952)	1,739,847	38,429,585	—	—	501,626,035
					$1,160,480	$37,410,168	—	—	$985,310,245
Lifestyle Conservative Portfolio
John Hancock Collateral Trust	217	$81,686	$13,705	$(93,229)	$31	$(21)	$965	—	$2,172
Select Bond	11,072,137	132,497,215	1,091,118	(3,591,449)	(456,552)	3,668	—	—	129,544,000
Strategic Equity Allocation	1,745,876	33,200,575	380,923	(3,878,092)	(1,246,507)	3,929,101	—	—	32,386,000
					$(1,703,028)	$3,932,748	$965	—	$161,932,172
Lifestyle Growth Portfolio
John Hancock Collateral Trust	—	$77	$10,359	$(10,436)	—	—	—	—	—
Select Bond	129,780,689	1,509,436,905	14,001,824	—	—	$(5,004,670)	—	—	$1,518,434,059
Strategic Equity Allocation	204,061,910	3,642,845,732	—	(160,685,133)	$11,258,856	291,471,748	—	—	3,784,891,203
					$11,258,856	$286,467,078	—	—	$5,303,325,262
Lifestyle Moderate Portfolio
John Hancock Collateral Trust	157	$57,755	$9,812	$(66,009)	$18	$(8)	$691	—	$1,568
Select Bond	14,710,649	172,820,144	2,318,265	(2,448,436)	(345,860)	(229,525)	—	—	172,114,588
Strategic Equity Allocation	6,221,795	115,675,995	281,430	(9,939,431)	(876,688)	10,272,987	—	—	115,414,293
					$(1,222,530)	$10,043,454	$691	—	$287,530,449
Managed Volatility Balanced Portfolio
Blue Chip Growth	4,628,884	$141,650,813	—	$(17,239,545)	$(5,848,568)	$24,701,268	—	—	$143,263,968
Bond	39,636,632	533,499,279	$9,789,801	(3,557,948)	(420,883)	(6,197,546)	$5,858,416	—	533,112,703
Core Bond	16,574,086	185,500,805	1,918,627	(977,280)	(169,835)	(974,031)	—	—	185,298,286
Emerging Markets Equity	12,202,535	111,169,780	—	(1,008,788)	(106,789)	2,819,243	—	—	112,873,446
Equity Income	14,140,348	201,468,287	—	(13,417,754)	(710,760)	17,695,268	—	—	205,035,041
Fundamental Large Cap Core	3,058,929	214,841,072	—	(11,375,973)	4,656,056	10,255,781	—	—	218,376,936
John Hancock Collateral Trust	3,194,520	39,691,627	33,999,126	(41,745,478)	8,232	(16,609)	567,348	—	31,936,898
Mid Cap Growth	3,958,304	39,317,892	—	(3,591,546)	(5,556,325)	9,452,603	—	—	39,622,624
Mid Value	5,226,235	55,737,621	—	(4,966,709)	542,913	5,495,344	—	—	56,809,169
Multifactor Developed International ETF	2,732,980	91,938,275	466	(2,926,252)	669,608	4,687,702	—	—	94,369,799
Multifactor Emerging Markets ETF	2,355,928	60,116,647	—	(207,513)	13,100	1,164,859	—	—	61,087,093
Multifactor Mid Cap ETF	1,249,115	69,649,590	2,451	(4,038,794)	1,515,053	4,545,919	—	—	71,674,219

330

							Dividends and distributions
Affiliate	Ending share amount	Beginning value	Cost of purchases	Proceeds from shares sold	Realized gain (loss)	Change in unrealized appreciation (depreciation)	Income distributions received	Capital gain distributions received	Ending value
Multifactor Small Cap ETF	1,458,477	$53,991,015	$22,218	$(708,273)	$222,319	$2,653,255	—	—	$56,180,534
Select Bond	116,313,105	1,361,315,495	13,050,542	(8,950,210)	(1,562,632)	(2,989,867)	—	—	1,360,863,328
Small Cap Dynamic Growth	1,292,203	20,357,425	—	(2,612,474)	(176,244)	3,520,044	—	—	21,088,751
Small Cap Value	3,511,007	48,277,298	98,056	(174,233)	39,112	1,370,290	—	—	49,610,523
Strategic Equity Allocation	51,444,189	940,978,888	—	(63,835,890)	(6,266,203)	83,412,919	—	—	954,289,714
					$(13,151,846)	$161,596,442	$6,425,764	—	$4,195,493,032
Managed Volatility Conservative Portfolio
Blue Chip Growth	284,853	$9,298,390	—	$(1,683,109)	$(215,209)	$1,416,130	—	—	$8,816,202
Bond	8,521,336	120,002,722	$1,619,118	(5,517,343)	(692,382)	(800,146)	$1,289,171	—	114,611,969
Core Bond	3,553,992	41,600,691	183,977	(1,788,613)	(347,465)	85,041	—	—	39,733,631
Emerging Markets Equity	556,616	5,439,344	—	(414,518)	35,127	88,746	—	—	5,148,699
Equity Income	993,809	15,068,411	—	(1,880,023)	485,129	736,719	—	—	14,410,236
Fundamental Large Cap Core	170,139	12,680,065	—	(1,388,432)	655,383	199,199	—	—	12,146,215
John Hancock Collateral Trust	507,937	2,505,820	19,297,442	(16,724,216)	109	(1,103)	45,105	—	5,078,052
Multifactor Emerging Markets ETF	83,876	2,287,912	52	(154,613)	(2,334)	43,812	—	—	2,174,829
Multifactor Mid Cap ETF	138,853	8,187,524	170	(899,306)	471,524	207,473	—	—	7,967,385
Multifactor Small Cap ETF	164,180	6,428,248	338	(425,888)	192,579	128,937	—	—	6,324,214
Select Bond	24,964,010	305,703,293	700,906	(13,236,780)	(2,367,661)	1,279,162	—	—	292,078,920
Strategic Equity Allocation	2,770,412	53,733,556	—	(6,594,253)	239,904	4,011,931	—	—	51,391,138
					$(1,545,296)	$7,395,901	$1,334,276	—	$559,881,490
Managed Volatility Growth Portfolio
Blue Chip Growth	7,510,330	$226,717,410	—	$(24,576,966)	$(7,727,102)	$38,031,375	—	—	$232,444,717
Bond	30,298,578	403,801,730	$8,735,845	—	—	(5,021,695)	$4,463,168	—	407,515,880
Core Bond	12,696,161	140,608,264	2,196,983	—	—	(862,168)	—	—	141,943,079
Emerging Markets Equity	25,376,330	229,148,260	—	—	—	5,582,793	—	—	234,731,053
Equity Income	22,682,418	321,158,961	—	(19,486,532)	(2,686,952)	29,909,589	—	—	328,895,066
Fundamental Large Cap Core	5,422,228	377,661,811	—	(16,891,907)	6,892,558	19,430,425	—	—	387,092,887
John Hancock Collateral Trust	4,720,080	47,847,586	60,490,872	(61,137,255)	7,498	(20,177)	686,831	—	47,188,524
Mid Cap Growth	9,455,369	92,980,886	—	(7,580,006)	(11,391,744)	20,639,106	—	—	94,648,242
Mid Value	11,261,445	119,394,539	—	(9,979,213)	(325,171)	13,321,754	—	—	122,411,909
Multifactor Developed International ETF	6,486,488	214,987,425	—	(3,633,584)	846,202	11,778,388	—	—	223,978,431
Multifactor Emerging Markets ETF	4,801,276	122,096,449	—	—	—	2,396,317	—	—	124,492,766
Multifactor Mid Cap ETF	2,288,134	126,669,891	3,688	(6,471,800)	2,444,173	8,647,177	—	—	131,293,129
Multifactor Small Cap ETF	3,204,250	117,767,348	165,827	(795,823)	252,902	6,037,456	—	—	123,427,710
Select Bond	89,401,536	1,034,636,680	14,781,879	—	—	(3,420,585)	—	—	1,045,997,974

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							Dividends and distributions
Affiliate	Ending share amount	Beginning value	Cost of purchases	Proceeds from shares sold	Realized gain (loss)	Change in unrealized appreciation (depreciation)	Income distributions received	Capital gain distributions received	Ending value
Small Cap Dynamic Growth	2,401,395	$37,394,654	—	$(4,383,612)	$(296,584)	$6,476,316	—	—	$39,190,774
Small Cap Value	5,624,845	77,005,105	$220,424	—	—	2,253,528	—	—	79,479,057
Strategic Equity Allocation	95,918,637	1,737,439,131	—	(101,202,450)	6,977,183	136,076,856	—	—	1,779,290,720
					$(5,007,037)	$291,256,455	$5,149,999	—	$5,544,021,918
Managed Volatility Moderate Portfolio
Blue Chip Growth	1,057,772	$33,409,117	—	$(5,079,531)	$(2,216,117)	$6,624,587	—	—	$32,738,056
Bond	12,793,693	175,209,345	$2,394,371	(3,359,101)	(405,751)	(1,763,691)	$1,909,218	—	172,075,173
Core Bond	5,358,254	60,946,283	210,573	(874,099)	(150,738)	(226,737)	—	—	59,905,282
Emerging Markets Equity	2,511,060	23,550,461	—	(885,619)	(30,695)	593,159	—	—	23,227,306
Equity Income	3,399,610	49,834,688	—	(4,667,781)	(118,259)	4,245,697	—	—	49,294,345
Fundamental Large Cap Core	680,834	49,132,558	—	(3,893,308)	1,188,369	2,177,103	—	—	48,604,722
John Hancock Collateral Trust	898,759	9,059,317	7,672,059	(7,743,647)	2,500	(4,976)	131,313	—	8,985,253
Mid Cap Growth	1,035,332	10,508,416	—	(1,177,159)	(1,492,612)	2,525,032	—	—	10,363,677
Mid Value	1,245,916	13,651,067	—	(1,563,156)	232,627	1,222,570	—	—	13,543,108
Multifactor Developed International ETF	301,460	10,499,690	134	(685,478)	146,723	448,345	—	—	10,409,414
Multifactor Emerging Markets ETF	388,914	10,198,498	180	(310,377)	18,288	177,601	—	—	10,084,190
Multifactor Mid Cap ETF	150,671	8,616,177	327	(704,989)	260,408	473,579	—	—	8,645,502
Multifactor Small Cap ETF	186,164	7,068,966	93,365	(358,880)	103,704	263,882	—	—	7,171,037
Select Bond	37,585,151	447,589,842	1,268,499	(7,594,333)	(1,323,281)	(194,455)	—	—	439,746,272
Small Cap Dynamic Growth	288,649	4,724,031	11,049	(783,424)	(63,131)	822,221	—	—	4,710,746
Small Cap Value	715,117	10,141,821	30,548	(358,635)	40,509	250,364	—	—	10,104,607
Strategic Equity Allocation	11,130,927	208,987,502	—	(19,380,713)	(749,702)	17,621,613	—	—	206,478,700
					$(4,557,158)	$35,255,894	$2,040,531	—	$1,116,087,390
Mid Cap Growth Trust
John Hancock Collateral Trust	803,131	$26,511,135	$53,453,487	$(71,933,176)	$(608)	$(1,613)	$49,124	—	$8,029,225
Mid Cap Index Trust
John Hancock Collateral Trust	6,324,172	$45,902,432	$95,583,181	$(78,244,320)	$3,711	$(19,729)	$498,196	—	$63,225,275
Mid Value Trust
John Hancock Collateral Trust	830,414	$254,631	$17,752,650	$(9,702,581)	$(524)	$(2,199)	$819	—	$8,301,977
Opportunistic Fixed Income Trust
John Hancock Collateral Trust	115,396	$1,891,256	$2,467,071	$(3,204,495)	$102	$(272)	$2,973	—	$1,153,662
Science & Technology Trust
John Hancock Collateral Trust	736,435	$10,568,415	$27,179,057	$(30,384,538)	$996	$(1,499)	$18,199	—	$7,362,431
Select Bond Trust
John Hancock Collateral Trust	1,819,014	$29,772,485	$438,715,951	$(450,294,191)	$(4,644)	$(4,194)	$874,479	—	$18,185,407
Short Term Government Income Trust
John Hancock Collateral Trust	79,441	$1,387,336	$44,598,529	$(45,191,498)	$14	$(175)	$31,491	—	$794,206

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							Dividends and distributions
Affiliate	Ending share amount	Beginning value	Cost of purchases	Proceeds from shares sold	Realized gain (loss)	Change in unrealized appreciation (depreciation)	Income distributions received	Capital gain distributions received	Ending value
Small Cap Index Trust
John Hancock Collateral Trust	2,489,569	$32,071,162	$45,422,722	$(52,599,146)	$6,451	$(11,968)	$300,005	—	$24,889,221
Small Cap Opportunities Trust
John Hancock Collateral Trust	4,425	—	$800,128	$(755,868)	$(5)	$(12)	$592	—	$44,243
Small Cap Stock Trust
John Hancock Collateral Trust	51,121	$3,421,696	$25,186,611	$(28,097,311)	$(80)	$157	$2,787	—	$511,073
Small Cap Value Trust
John Hancock Collateral Trust	8,017	$6,047,636	$11,557,650	$(17,525,771)	$643	$(11)	$899	—	$80,147
Small Company Value Trust
John Hancock Collateral Trust	187,244	$719,443	$7,876,163	$(6,723,286)	$29	$(395)	$2,131	—	$1,871,954
Strategic Equity Allocation Trust
John Hancock Collateral Trust	35,547,032	$288,736,220	$513,284,818	$(446,556,865)	$35,786	$(122,058)	$3,619,593	—	$355,377,901
Strategic Income Opportunities Trust
John Hancock Collateral Trust	1,315,035	$14,208,187	$32,235,354	$(33,292,592)	$(592)	$(3,426)	$174,343	—	$13,146,931
Total Bond Market Trust
John Hancock Collateral Trust	661,036	$5,599,037	$36,559,486	$(35,547,907)	$(327)	$(1,650)	$87,870	—	$6,608,639
Total Stock Market Index Trust
John Hancock Collateral Trust	2,216,932	$41,161,671	$89,482,365	$(108,470,243)	$3,112	$(13,346)	$532,310	—	$22,163,559
Ultra Short Term Bond Trust
John Hancock Collateral Trust	998,346	$7,157,765	$97,703,143	$(94,878,100)	$820	$(2,759)	$108,898	—	$9,980,869

Investment in affiliates of advisor. Information regarding the portfolios’ fiscal year to date purchases and sales of affiliated investments of the advisor as well as income and capital gains earned by the portfolios, if any, is as follows:

							Dividends and distributions
Affiliate	Ending share amount	Beginning value	Cost of purchases	Proceeds from shares sold	Realized gain (loss)	Change in unrealized appreciation (depreciation)	Income distributions received	Capital gain distributions received	Ending value
International Equity Index Trust
Manulife Financial Corp.	62,100	$1,372,241	—	—	—	$178,712	$15,604	—	$1,550,953

Restricted securities. The portfolios may hold restricted securities which are restricted as to resale and the portfolios have limited rights to registration under the Securities Act of 1933. Disposal may involve time-consuming negotiations and expenses, and prompt sale at an acceptable price may be difficult to achieve. The following table summarizes the restricted securities held at March 31, 2024:

Issuer, Description	Original acquisition date	Acquisition cost	Beginning share amount	Shares purchased	Shares sold	Ending share amount	Value as a percentage of net assets	Ending value
High Yield Trust
KCAD Holdings I, Ltd.	3-21-11	$1,353,651	165,553,563	—	—	165,553,563	0.0%1	$166
MWO Holdings LLC	8-30-16	438,156	445	—	—	445	0.0%1	2,768
New Cotai, Inc., Class B	4-12-13	0	3	—	—	3	0.0%	0
								$2,934
Mid Cap Growth Trust
Essence Group Holdings Corp.	5-1-14	$2,731,549	1,663,188	—	—	1,663,188	0.3%	$2,112,249
Lookout, Inc., Series F	7-31-14	2,338,736	211,003	—	—	211,003	0.3%	1,939,118
								$4,051,367

¹ Less than 0.05%.

American Asset Allocation Trust, American Global Growth Trust, American Growth Trust, American Growth-Income Trust and American International Trust (collectively, the JHVIT Feeder Funds), Lifestyle Balanced Portfolio, Lifestyle Conservative Portfolio, Lifestyle Growth Portfolio and Lifestyle Moderate Portfolio (collectively, the Lifestyle Portfolios), Managed Volatility Balanced Portfolio, Managed Volatility Conservative Portfolio, Managed Volatility Growth Portfolio and Managed Volatility Moderate Portfolio (collectively, the Managed Volatility Portfolios) operate as "funds of funds," investing

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in shares of mutual funds (underlying funds). The accounting policies of the underlying funds in which the Lifestyle Portfolios and Managed Volatility Portfolios invest are outlined in the underlying funds’ shareholder reports, which include the underlying funds’ financial statements. These are available on the Securities and Exchange Commission (SEC) website at www.sec.gov. John Hancock underlying funds' shareholder reports are also available without charge by calling 800-344-1029 or visiting jhannuities.com. The American Funds Insurance Series’ accounting policies are outlined in their financial statements, available at the SEC website at www.sec.gov. Capital Research and Management Company serves as investment advisor for the American Funds Insurance Series' master funds. The underlying funds are not covered by this report.

For additional information on the portfolios' significant accounting policies and risks, please refer to the portfolios' most recent semiannual or annual shareholder report and prospectus.

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