Transamerica T. Rowe Price Small Cap VP
SCHEDULE OF INVESTMENTS
At March 31, 2024
(unaudited)
Shares | Value | |||||||
COMMON STOCKS - 99.0% | ||||||||
Aerospace & Defense - 2.2% | ||||||||
Cadre Holdings, Inc. | 29,203 | $ 1,057,148 | ||||||
Curtiss-Wright Corp. | 25,868 | 6,620,656 | ||||||
Leonardo DRS, Inc. (A) | 138,396 | 3,057,168 | ||||||
Moog, Inc., Class A | 4,271 | 681,865 | ||||||
Woodward, Inc. | 25,656 | 3,954,103 | ||||||
|
| |||||||
15,370,940 | ||||||||
|
| |||||||
Air Freight & Logistics - 0.4% | ||||||||
GXO Logistics, Inc. (A) | 50,033 | 2,689,774 | ||||||
|
| |||||||
Automobile Components - 0.5% | ||||||||
LCI Industries | 3,213 | 395,392 | ||||||
Patrick Industries, Inc. | 15,274 | 1,824,785 | ||||||
Visteon Corp. (A) | 9,728 | 1,144,110 | ||||||
|
| |||||||
3,364,287 | ||||||||
|
| |||||||
Banks - 0.5% | ||||||||
Bancorp, Inc. (A) | 68,966 | 2,307,602 | ||||||
ServisFirst Bancshares, Inc. | 19,067 | 1,265,286 | ||||||
|
| |||||||
3,572,888 | ||||||||
|
| |||||||
Beverages - 0.8% | ||||||||
Celsius Holdings, Inc. (A) | 21,162 | 1,754,753 | ||||||
Coca-Cola Consolidated, Inc. | 4,244 | 3,592,164 | ||||||
|
| |||||||
5,346,917 | ||||||||
|
| |||||||
Biotechnology - 9.5% | ||||||||
ACADIA Pharmaceuticals, Inc. (A) | 58,813 | 1,087,452 | ||||||
Agios Pharmaceuticals, Inc. (A) | 24,785 | 724,713 | ||||||
Akero Therapeutics, Inc. (A) | 29,199 | 737,567 | ||||||
Alkermes PLC (A) | 70,835 | 1,917,503 | ||||||
Allogene Therapeutics, Inc. (A) | 26,745 | 119,550 | ||||||
Alpine Immune Sciences, Inc. (A) | 20,700 | 820,548 | ||||||
Amicus Therapeutics, Inc. (A) | 81,318 | 957,926 | ||||||
Arcellx, Inc. (A) | 15,000 | 1,043,250 | ||||||
Avidity Biosciences, Inc. (A) | 58,364 | 1,489,449 | ||||||
Biohaven Ltd. (A) | 62,646 | 3,426,110 | ||||||
Biomea Fusion, Inc. (A) (B) | 9,500 | 142,025 | ||||||
Blueprint Medicines Corp. (A) | 40,492 | 3,841,071 | ||||||
Bridgebio Pharma, Inc. (A) | 45,785 | 1,415,672 | ||||||
Catalyst Pharmaceuticals, Inc. (A) | 73,585 | 1,172,945 | ||||||
Celldex Therapeutics, Inc. (A) | 19,905 | 835,413 | ||||||
Cerevel Therapeutics Holdings, Inc. (A) | 17,567 | 742,557 | ||||||
Crinetics Pharmaceuticals, Inc. (A) | 27,117 | 1,269,347 | ||||||
CRISPR Therapeutics AG (A) (B) | 34,932 | 2,380,965 | ||||||
Cytokinetics, Inc. (A) | 43,102 | 3,021,881 | ||||||
Day One Biopharmaceuticals, Inc. (A) | 20,533 | 339,205 | ||||||
Denali Therapeutics, Inc. (A) | 15,343 | 314,838 | ||||||
Disc Medicine, Inc. (A) | 5,400 | 336,204 | ||||||
Exelixis, Inc. (A) | 132,586 | 3,146,266 | ||||||
Halozyme Therapeutics, Inc. (A) | 77,290 | 3,144,157 | ||||||
Ideaya Biosciences, Inc. (A) | 23,001 | 1,009,284 | ||||||
IGM Biosciences, Inc. (A) (B) | 13,760 | 132,784 | ||||||
Immunovant, Inc. (A) | 17,787 | 574,698 | ||||||
Insmed, Inc. (A) | 94,315 | 2,558,766 | ||||||
Intellia Therapeutics, Inc. (A) | 28,670 | 788,712 | ||||||
Ionis Pharmaceuticals, Inc. (A) | 52,347 | 2,269,242 | ||||||
Iovance Biotherapeutics, Inc. (A) | 92,444 | 1,370,020 | ||||||
Krystal Biotech, Inc. (A) | 8,193 | 1,457,780 | ||||||
Kymera Therapeutics, Inc. (A) | 44,821 | 1,801,804 | ||||||
Madrigal Pharmaceuticals, Inc., ADR (A) | 4,691 | 1,252,685 |
Shares | Value | |||||||
COMMON STOCKS (continued) | ||||||||
Biotechnology (continued) | ||||||||
Merus NV (A) | 10,300 | $ 463,809 | ||||||
Mirum Pharmaceuticals, Inc. (A) | 6,900 | 173,328 | ||||||
Monte Rosa Therapeutics, Inc. (A) (B) | 5,200 | 36,660 | ||||||
MoonLake Immunotherapeutics (A) (B) | 7,200 | 361,656 | ||||||
Morphic Holding, Inc. (A) | 17,759 | 625,117 | ||||||
Natera, Inc. (A) | 37,513 | 3,430,939 | ||||||
Neurocrine Biosciences, Inc. (A) | 13,757 | 1,897,365 | ||||||
Nurix Therapeutics, Inc. (A) | 12,618 | 185,485 | ||||||
Nuvalent, Inc., Class A (A) | 10,906 | 818,932 | ||||||
Prothena Corp. PLC (A) | 35,512 | 879,632 | ||||||
PTC Therapeutics, Inc. (A) | 39,295 | 1,143,092 | ||||||
Relay Therapeutics, Inc. (A) | 53,020 | 440,066 | ||||||
Replimune Group, Inc. (A) | 40,933 | 334,423 | ||||||
REVOLUTION Medicines, Inc. (A) | 17,774 | 572,856 | ||||||
Rhythm Pharmaceuticals, Inc. (A) | 17,143 | 742,806 | ||||||
Rocket Pharmaceuticals, Inc. (A) | 24,334 | 655,558 | ||||||
Scholar Rock Holding Corp. (A) | 31,906 | 566,651 | ||||||
SpringWorks Therapeutics, Inc. (A) | 16,059 | 790,424 | ||||||
Ultragenyx Pharmaceutical, Inc. (A) | 28,123 | 1,313,063 | ||||||
Vaxcyte, Inc. (A) | 26,584 | 1,815,953 | ||||||
Xencor, Inc. (A) | 40,346 | 892,857 | ||||||
Zentalis Pharmaceuticals, Inc. (A) | 13,435 | 211,736 | ||||||
|
| |||||||
65,994,797 | ||||||||
|
| |||||||
Building Products - 3.5% | ||||||||
AAON, Inc. | 32,924 | 2,900,604 | ||||||
AZEK Co., Inc. (A) | 81,100 | 4,072,842 | ||||||
Builders FirstSource, Inc. (A) | 18,727 | 3,905,516 | ||||||
CSW Industrials, Inc. | 12,201 | 2,862,355 | ||||||
Gibraltar Industries, Inc. (A) | 9,256 | 745,386 | ||||||
Simpson Manufacturing Co., Inc. | 22,234 | 4,561,972 | ||||||
UFP Industries, Inc. | 40,911 | 5,032,462 | ||||||
|
| |||||||
24,081,137 | ||||||||
|
| |||||||
Capital Markets - 1.8% | ||||||||
Blue Owl Capital, Inc. | 126,270 | 2,381,452 | ||||||
Donnelley Financial Solutions, Inc. (A) | 19,600 | 1,215,396 | ||||||
FactSet Research Systems, Inc. | 5,153 | 2,341,472 | ||||||
Hamilton Lane, Inc., Class A | 24,300 | 2,740,068 | ||||||
LPL Financial Holdings, Inc. | 5,348 | 1,412,942 | ||||||
MarketAxess Holdings, Inc. | 1,848 | 405,174 | ||||||
StoneX Group, Inc. (A) | 26,586 | 1,867,932 | ||||||
|
| |||||||
12,364,436 | ||||||||
|
| |||||||
Chemicals - 1.4% | ||||||||
Axalta Coating Systems Ltd. (A) | 83,327 | 2,865,616 | ||||||
Balchem Corp. | 11,167 | 1,730,327 | ||||||
Element Solutions, Inc. | 68,278 | 1,705,584 | ||||||
Olin Corp. | 45,433 | 2,671,460 | ||||||
Quaker Chemical Corp. | 5,200 | 1,067,300 | ||||||
|
| |||||||
10,040,287 | ||||||||
|
| |||||||
Commercial Services & Supplies - 1.8% | ||||||||
Casella Waste Systems, Inc., Class A (A) | 49,169 | 4,861,339 | ||||||
Clean Harbors, Inc. (A) | 17,997 | 3,622,976 | ||||||
MSA Safety, Inc. | 14,099 | 2,729,426 | ||||||
Rentokil Initial PLC, ADR (B) | 44,807 | 1,350,931 | ||||||
|
| |||||||
12,564,672 | ||||||||
|
| |||||||
Communications Equipment - 0.1% | ||||||||
Extreme Networks, Inc. (A) | 39,706 | 458,207 | ||||||
|
| |||||||
Construction & Engineering - 2.1% | ||||||||
API Group Corp. (A) | 86,694 | 3,404,473 | ||||||
Comfort Systems USA, Inc. | 21,519 | 6,836,801 |
Transamerica Series Trust | Page 1 |
Transamerica T. Rowe Price Small Cap VP
SCHEDULE OF INVESTMENTS (continued)
At March 31, 2024
(unaudited)
Shares | Value | |||||||
COMMON STOCKS (continued) | ||||||||
Construction & Engineering (continued) | ||||||||
EMCOR Group, Inc. | 6,508 | $ 2,279,102 | ||||||
WillScot Mobile Mini Holdings Corp. (A) | 39,098 | 1,818,057 | ||||||
|
| |||||||
14,338,433 | ||||||||
|
| |||||||
Construction Materials - 0.8% | ||||||||
Eagle Materials, Inc. | 21,167 | 5,752,132 | ||||||
|
| |||||||
Consumer Staples Distribution & Retail - 0.8% | ||||||||
BJ’s Wholesale Club Holdings, Inc. (A) | 5,024 | 380,065 | ||||||
Casey’s General Stores, Inc. | 7,217 | 2,298,254 | ||||||
Performance Food Group Co. (A) | 38,437 | 2,868,938 | ||||||
|
| |||||||
5,547,257 | ||||||||
|
| |||||||
Containers & Packaging - 0.2% | ||||||||
Graphic Packaging Holding Co. | 58,750 | 1,714,325 | ||||||
|
| |||||||
Distributors - 0.4% |
| |||||||
Pool Corp. | 7,039 | 2,840,236 | ||||||
|
| |||||||
Diversified Consumer Services - 1.4% | ||||||||
Bright Horizons Family Solutions, Inc. (A) | 16,029 | 1,817,047 | ||||||
Duolingo, Inc. (A) | 12,693 | 2,799,822 | ||||||
Grand Canyon Education, Inc. (A) | 13,898 | 1,893,047 | ||||||
H&R Block, Inc. | 30,900 | 1,517,499 | ||||||
Stride, Inc. (A) | 27,700 | 1,746,485 | ||||||
|
| |||||||
9,773,900 | ||||||||
|
| |||||||
Diversified Telecommunication Services - 0.5% | ||||||||
Cogent Communications Holdings, Inc. | 22,549 | 1,473,126 | ||||||
GCI Liberty, Inc. (A) (C) (D) (E) | 66,048 | 0 | ||||||
Iridium Communications, Inc. | 73,583 | 1,924,932 | ||||||
|
| |||||||
3,398,058 | ||||||||
|
| |||||||
Electrical Equipment - 1.3% | ||||||||
Atkore, Inc. | 24,873 | 4,734,824 | ||||||
NEXTracker, Inc., Class A (A) | 6,800 | 382,636 | ||||||
Vertiv Holdings Co. | 47,370 | 3,868,708 | ||||||
|
| |||||||
8,986,168 | ||||||||
|
| |||||||
Electronic Equipment, Instruments & Components - 2.8% | ||||||||
Advanced Energy Industries, Inc. | 21,652 | 2,208,071 | ||||||
Fabrinet (A) | 26,607 | 5,029,255 | ||||||
Littelfuse, Inc. | 4,244 | 1,028,533 | ||||||
Novanta, Inc. (A) | 27,120 | 4,739,763 | ||||||
Teledyne Technologies, Inc. (A) | 3,872 | 1,662,327 | ||||||
Vontier Corp. | 100,100 | 4,540,536 | ||||||
Zebra Technologies Corp., Class A (A) | 1,466 | 441,911 | ||||||
|
| |||||||
19,650,396 | ||||||||
|
| |||||||
Energy Equipment & Services - 2.4% | ||||||||
ChampionX Corp. | 37,425 | 1,343,183 | ||||||
Expro Group Holdings NV (A) | 38,900 | 776,833 | ||||||
Noble Corp. PLC | 51,063 | 2,476,045 | ||||||
TechnipFMC PLC | 73,868 | 1,854,826 | ||||||
Tidewater, Inc. (A) | 31,991 | 2,943,172 | ||||||
Weatherford International PLC (A) | 61,753 | 7,127,531 | ||||||
|
| |||||||
16,521,590 | ||||||||
|
| |||||||
Entertainment - 0.7% | ||||||||
Endeavor Group Holdings, Inc., Class A | 120,418 | 3,098,355 | ||||||
TKO Group Holdings, Inc. | 22,273 | 1,924,610 | ||||||
|
| |||||||
5,022,965 | ||||||||
|
| |||||||
Financial Services - 1.3% | ||||||||
Affirm Holdings, Inc. (A) | 14,191 | 528,757 |
Shares | Value | |||||||
COMMON STOCKS (continued) | ||||||||
Financial Services (continued) | ||||||||
Euronet Worldwide, Inc. (A) | 17,611 | $ 1,935,977 | ||||||
EVERTEC, Inc. | 37,474 | 1,495,213 | ||||||
Mr Cooper Group, Inc. (A) | 19,700 | 1,535,615 | ||||||
Payoneer Global, Inc. (A) | 235,726 | 1,145,628 | ||||||
Shift4 Payments, Inc., Class A (A) (B) | 32,431 | 2,142,716 | ||||||
|
| |||||||
8,783,906 | ||||||||
|
| |||||||
Food Products - 0.7% | ||||||||
Post Holdings, Inc. (A) | 34,343 | 3,649,974 | ||||||
Simply Good Foods Co. (A) | 35,992 | 1,224,808 | ||||||
|
| |||||||
4,874,782 | ||||||||
|
| |||||||
Ground Transportation - 2.0% | ||||||||
Landstar System, Inc. | 13,486 | 2,599,561 | ||||||
Saia, Inc. (A) | 9,817 | 5,742,945 | ||||||
XPO, Inc. (A) | 42,472 | 5,182,858 | ||||||
|
| |||||||
13,525,364 | ||||||||
|
| |||||||
Health Care Equipment & Supplies - 3.8% | ||||||||
CONMED Corp. | 11,384 | 911,631 | ||||||
Globus Medical, Inc., Class A (A) | 57,930 | 3,107,365 | ||||||
Haemonetics Corp. (A) | 18,717 | 1,597,496 | ||||||
Inari Medical, Inc. (A) | 22,676 | 1,087,994 | ||||||
Inspire Medical Systems, Inc. (A) | 10,236 | 2,198,590 | ||||||
iRhythm Technologies, Inc. (A) | 12,179 | 1,412,764 | ||||||
Lantheus Holdings, Inc. (A) | 47,812 | 2,975,819 | ||||||
Merit Medical Systems, Inc. (A) | 48,655 | 3,685,616 | ||||||
Penumbra, Inc. (A) | 7,525 | 1,679,430 | ||||||
PROCEPT BioRobotics Corp. (A) | 34,038 | 1,682,158 | ||||||
Shockwave Medical, Inc. (A) | 4,023 | 1,310,010 | ||||||
STERIS PLC | 11,939 | 2,684,126 | ||||||
TransMedics Group, Inc. (A) (B) | 17,800 | 1,316,132 | ||||||
UFP Technologies, Inc. (A) | 2,400 | 605,280 | ||||||
|
| |||||||
26,254,411 | ||||||||
|
| |||||||
Health Care Providers & Services - 4.7% | ||||||||
Addus HomeCare Corp. (A) | 19,596 | 2,025,051 | ||||||
AMN Healthcare Services, Inc. (A) | 23,825 | 1,489,301 | ||||||
Chemed Corp. | 1,738 | 1,115,674 | ||||||
CorVel Corp. (A) | 13,172 | 3,463,709 | ||||||
Encompass Health Corp. | 29,200 | 2,411,336 | ||||||
Ensign Group, Inc. | 52,540 | 6,537,027 | ||||||
Guardant Health, Inc. (A) | 33,764 | 696,551 | ||||||
Molina Healthcare, Inc. (A) | 12,824 | 5,268,484 | ||||||
NeoGenomics, Inc. (A) | 38,796 | 609,873 | ||||||
Option Care Health, Inc. (A) | 103,972 | 3,487,221 | ||||||
Tenet Healthcare Corp. (A) | 54,247 | 5,701,902 | ||||||
|
| |||||||
32,806,129 | ||||||||
|
| |||||||
Health Care Technology - 0.2% | ||||||||
Evolent Health, Inc., Class A (A) | 40,907 | 1,341,341 | ||||||
|
| |||||||
Hotels, Restaurants & Leisure - 5.2% | ||||||||
Bloomin’ Brands, Inc. | 60,770 | 1,742,884 | ||||||
Boyd Gaming Corp. | 57,923 | 3,899,376 | ||||||
Cava Group, Inc. (A) | 13,781 | 965,359 | ||||||
Choice Hotels International, Inc. | 14,278 | 1,804,025 | ||||||
Churchill Downs, Inc. | 21,973 | 2,719,159 | ||||||
Domino’s Pizza, Inc. | 7,370 | 3,662,006 | ||||||
Hilton Grand Vacations, Inc. (A) | 30,674 | 1,448,120 | ||||||
Light & Wonder, Inc. (A) | 45,100 | 4,604,259 | ||||||
Red Rock Resorts, Inc., Class A | 21,451 | 1,283,199 | ||||||
Texas Roadhouse, Inc. | 38,624 | 5,966,249 | ||||||
Travel & Leisure Co. | 16,804 | 822,724 |
Transamerica Series Trust | Page 2 |
Transamerica T. Rowe Price Small Cap VP
SCHEDULE OF INVESTMENTS (continued)
At March 31, 2024
(unaudited)
Shares | Value | |||||||
COMMON STOCKS (continued) | ||||||||
Hotels, Restaurants & Leisure (continued) | ||||||||
United Parks & Resorts, Inc. (A) | 13,240 | $ 744,220 | ||||||
Wingstop, Inc. | 18,466 | 6,765,942 | ||||||
|
| |||||||
36,427,522 | ||||||||
|
| |||||||
Household Durables - 2.4% | ||||||||
Cavco Industries, Inc. (A) | 6,263 | 2,499,313 | ||||||
Green Brick Partners, Inc. (A) | 28,874 | 1,739,081 | ||||||
Installed Building Products, Inc. | 11,500 | 2,975,395 | ||||||
Skyline Champion Corp. (A) | 29,515 | 2,509,070 | ||||||
Tempur Sealy International, Inc. | 73,813 | 4,194,054 | ||||||
TopBuild Corp. (A) | 6,356 | 2,801,280 | ||||||
|
| |||||||
16,718,193 | ||||||||
|
| |||||||
Independent Power & Renewable Electricity Producers - 0.2% | ||||||||
Ormat Technologies, Inc. | 23,013 | 1,523,230 | ||||||
|
| |||||||
Industrial REITs - 0.6% | ||||||||
First Industrial Realty Trust, Inc. | 34,504 | 1,812,840 | ||||||
Rexford Industrial Realty, Inc. | 22,173 | 1,115,302 | ||||||
Terreno Realty Corp. | 14,127 | 938,033 | ||||||
|
| |||||||
3,866,175 | ||||||||
|
| |||||||
Insurance - 2.2% | ||||||||
Kinsale Capital Group, Inc. | 3,891 | 2,041,763 | ||||||
Oscar Health, Inc., Class A (A) | 60,800 | 904,096 | ||||||
Palomar Holdings, Inc. (A) | 9,227 | 773,500 | ||||||
Primerica, Inc. | 16,440 | 4,158,662 | ||||||
RLI Corp. | 15,091 | 2,240,561 | ||||||
Ryan Specialty Holdings, Inc. | 51,494 | 2,857,917 | ||||||
Selective Insurance Group, Inc. | 23,729 | 2,590,495 | ||||||
|
| |||||||
15,566,994 | ||||||||
|
| |||||||
Interactive Media & Services - 0.1% | ||||||||
Reddit, Inc., Class A (A) (B) | 6,819 | 336,313 | ||||||
|
| |||||||
IT Services - 0.5% | ||||||||
Gartner, Inc. (A) | 4,381 | 2,088,291 | ||||||
Perficient, Inc. (A) | 21,504 | 1,210,460 | ||||||
|
| |||||||
3,298,751 | ||||||||
|
| |||||||
Leisure Products - 0.6% | ||||||||
Brunswick Corp. | 16,192 | 1,562,852 | ||||||
Mattel, Inc. (A) | 133,570 | 2,646,022 | ||||||
|
| |||||||
4,208,874 | ||||||||
|
| |||||||
Life Sciences Tools & Services - 2.5% | ||||||||
10X Genomics, Inc., Class A (A) | 37,809 | 1,418,972 | ||||||
Bruker Corp. | 17,800 | 1,672,132 | ||||||
Charles River Laboratories International, Inc. (A) | 9,059 | 2,454,536 | ||||||
Medpace Holdings, Inc. (A) | 14,979 | 6,053,763 | ||||||
Repligen Corp. (A) | 15,649 | 2,878,164 | ||||||
West Pharmaceutical Services, Inc. | 7,752 | 3,067,544 | ||||||
|
| |||||||
17,545,111 | ||||||||
|
| |||||||
Machinery - 4.0% | ||||||||
Albany International Corp., Class A | 2,267 | 211,987 | ||||||
Federal Signal Corp. | 44,195 | 3,750,830 | ||||||
John Bean Technologies Corp. | 10,311 | 1,081,521 | ||||||
Kadant, Inc. | 14,103 | 4,627,194 | ||||||
Lincoln Electric Holdings, Inc. | 14,283 | 3,648,449 | ||||||
RBC Bearings, Inc. (A) | 14,060 | 3,801,121 | ||||||
SPX Technologies, Inc. (A) | 33,938 | 4,178,786 | ||||||
Symbotic, Inc. (A) (B) | 24,100 | 1,084,500 |
Shares | Value | |||||||
COMMON STOCKS (continued) | ||||||||
Machinery (continued) | ||||||||
Toro Co. | 9,691 | $ 887,986 | ||||||
Watts Water Technologies, Inc., Class A | 20,112 | 4,274,806 | ||||||
|
| |||||||
27,547,180 | ||||||||
|
| |||||||
Media - 0.6% | ||||||||
Nexstar Media Group, Inc. | 22,575 | 3,889,447 | ||||||
Thryv Holdings, Inc. (A) | 26,965 | 599,432 | ||||||
|
| |||||||
4,488,879 | ||||||||
|
| |||||||
Metals & Mining - 0.8% | ||||||||
Alpha Metallurgical Resources, Inc. | 5,913 | 1,958,208 | ||||||
ATI, Inc. (A) | 73,420 | 3,756,902 | ||||||
|
| |||||||
5,715,110 | ||||||||
|
| |||||||
Oil, Gas & Consumable Fuels - 1.6% | ||||||||
Centrus Energy Corp., Class A (A) | 22,077 | 916,858 | ||||||
Dorian LPG Ltd. | 13,600 | 523,056 | ||||||
Kosmos Energy Ltd. (A) | 115,086 | 685,913 | ||||||
Matador Resources Co. | 57,469 | 3,837,205 | ||||||
PBF Energy, Inc., Class A | 5,846 | 336,554 | ||||||
Range Resources Corp. | 21,709 | 747,441 | ||||||
SM Energy Co. | 39,911 | 1,989,563 | ||||||
Southwestern Energy Co. (A) | 314,353 | 2,382,796 | ||||||
|
| |||||||
11,419,386 | ||||||||
|
| |||||||
Paper & Forest Products - 0.5% | ||||||||
Louisiana-Pacific Corp. | 42,047 | 3,528,164 | ||||||
|
| |||||||
Personal Care Products - 1.9% | ||||||||
BellRing Brands, Inc. (A) | 70,530 | 4,163,386 | ||||||
Coty, Inc., Class A (A) | 80,062 | 957,541 | ||||||
elf Beauty, Inc. (A) | 27,403 | 5,371,810 | ||||||
Inter Parfums, Inc. | 19,766 | 2,777,321 | ||||||
|
| |||||||
13,270,058 | ||||||||
|
| |||||||
Pharmaceuticals - 1.4% | ||||||||
Amphastar Pharmaceuticals, Inc. (A) | 35,129 | 1,542,514 | ||||||
Arvinas, Inc. (A) | 27,237 | 1,124,343 | ||||||
Catalent, Inc. (A) | 14,173 | 800,066 | ||||||
Intra-Cellular Therapies, Inc. (A) | 42,482 | 2,939,755 | ||||||
Pacira BioSciences, Inc. (A) | 19,425 | 567,599 | ||||||
Pliant Therapeutics, Inc. (A) | 15,638 | 233,006 | ||||||
Prestige Consumer Healthcare, Inc. (A) | 18,872 | 1,369,352 | ||||||
Supernus Pharmaceuticals, Inc. (A) | 23,843 | 813,285 | ||||||
|
| |||||||
9,389,920 | ||||||||
|
| |||||||
Professional Services - 4.2% | ||||||||
ASGN, Inc. (A) | 13,154 | 1,378,013 | ||||||
Booz Allen Hamilton Holding Corp. | 33,186 | 4,926,130 | ||||||
Broadridge Financial Solutions, Inc., ADR | 9,093 | 1,862,792 | ||||||
CACI International, Inc., Class A (A) | 12,557 | 4,756,968 | ||||||
CBIZ, Inc. (A) | 50,233 | 3,943,291 | ||||||
ExlService Holdings, Inc. (A) | 125,504 | 3,991,027 | ||||||
FTI Consulting, Inc. (A) | 16,252 | 3,417,633 | ||||||
Paylocity Holding Corp. (A) | 6,705 | 1,152,321 | ||||||
TriNet Group, Inc. | 13,300 | 1,762,117 | ||||||
Verra Mobility Corp. (A) | 86,868 | 2,169,094 | ||||||
|
| |||||||
29,359,386 | ||||||||
|
| |||||||
Residential REITs - 0.2% | ||||||||
Equity LifeStyle Properties, Inc. | 17,727 | 1,141,619 | ||||||
|
| |||||||
Semiconductors & Semiconductor Equipment - 4.5% | ||||||||
Astera Labs, Inc. (A) (B) | 5,591 | 414,796 | ||||||
Axcelis Technologies, Inc. (A) | 27,360 | 3,051,187 |
Transamerica Series Trust | Page 3 |
Transamerica T. Rowe Price Small Cap VP
SCHEDULE OF INVESTMENTS (continued)
At March 31, 2024
(unaudited)
Shares | Value | |||||||
COMMON STOCKS (continued) | ||||||||
Semiconductors & Semiconductor Equipment (continued) | ||||||||
Cirrus Logic, Inc. (A) | 19,590 | $ 1,813,250 | ||||||
Diodes, Inc. (A) | 34,254 | 2,414,907 | ||||||
Entegris, Inc. | 11,102 | 1,560,275 | ||||||
FormFactor, Inc. (A) | 31,005 | 1,414,758 | ||||||
Kulicke & Soffa Industries, Inc. | 28,699 | 1,443,847 | ||||||
Lattice Semiconductor Corp. (A) | 32,142 | 2,514,469 | ||||||
MKS Instruments, Inc. | 10,621 | 1,412,593 | ||||||
Monolithic Power Systems, Inc. | 3,282 | 2,223,293 | ||||||
Onto Innovation, Inc. (A) | 31,979 | 5,790,757 | ||||||
Photronics, Inc. (A) | 45,900 | 1,299,888 | ||||||
Power Integrations, Inc. | 24,135 | 1,726,859 | ||||||
Rambus, Inc. (A) | 63,034 | 3,896,132 | ||||||
|
| |||||||
30,977,011 | ||||||||
|
| |||||||
Software - 9.9% | ||||||||
A10 Networks, Inc. | 67,900 | 929,551 | ||||||
ACI Worldwide, Inc. (A) | 38,506 | 1,278,784 | ||||||
Agilysys, Inc. (A) | 23,372 | 1,969,325 | ||||||
Appfolio, Inc., Class A (A) | 11,400 | 2,812,836 | ||||||
Blackbaud, Inc. (A) | 23,923 | 1,773,651 | ||||||
Box, Inc., Class A (A) | 54,568 | 1,545,366 | ||||||
Descartes Systems Group, Inc. (A) | 52,434 | 4,799,284 | ||||||
DoubleVerify Holdings, Inc. (A) | 81,406 | 2,862,235 | ||||||
Fair Isaac Corp. (A) | 2,458 | 3,071,541 | ||||||
Fortinet, Inc. (A) | 36,168 | 2,470,636 | ||||||
Informatica, Inc., Class A (A) | 69,844 | 2,444,540 | ||||||
Manhattan Associates, Inc. (A) | 13,842 | 3,463,684 | ||||||
MicroStrategy, Inc., Class A (A) (B) | 3,350 | 5,710,276 | ||||||
Nutanix, Inc., Class A (A) | 94,347 | 5,823,097 | ||||||
PowerSchool Holdings, Inc., Class A (A) | 73,379 | 1,562,239 | ||||||
PTC, Inc. (A) | 17,645 | 3,333,846 | ||||||
Q2 Holdings, Inc. (A) | 42,400 | 2,228,544 | ||||||
Qualys, Inc. (A) | 21,037 | 3,510,444 | ||||||
Rapid7, Inc. (A) | 30,254 | 1,483,656 | ||||||
Sapiens International Corp. NV | 49,951 | 1,606,424 | ||||||
Smartsheet, Inc., Class A (A) | 54,685 | 2,105,373 | ||||||
SPS Commerce, Inc. (A) | 23,934 | 4,425,397 | ||||||
Tenable Holdings, Inc. (A) | 54,100 | 2,674,163 | ||||||
Teradata Corp. (A) | 22,606 | 874,174 | ||||||
Tyler Technologies, Inc. (A) | 6,204 | 2,636,762 | ||||||
Workiva, Inc. (A) | 16,830 | 1,427,184 | ||||||
|
| |||||||
68,823,012 | ||||||||
|
| |||||||
Specialty Retail - 3.3% | ||||||||
Abercrombie & Fitch Co., Class A (A) | 27,600 | 3,459,108 | ||||||
Academy Sports & Outdoors, Inc. | 24,810 | 1,675,667 | ||||||
Asbury Automotive Group, Inc. (A) | 6,611 | 1,558,742 | ||||||
Carvana Co. (A) | 45,140 | 3,968,257 | ||||||
Dick’s Sporting Goods, Inc. | 13,586 | 3,054,948 | ||||||
Murphy USA, Inc. | 13,928 | 5,838,618 | ||||||
Penske Automotive Group, Inc. | 11,068 | 1,792,905 | ||||||
Valvoline, Inc. (A) | 29,916 | 1,333,356 | ||||||
|
| |||||||
22,681,601 | ||||||||
|
| |||||||
Technology Hardware, Storage & Peripherals - 0.1% | ||||||||
Pure Storage, Inc., Class A (A) | 4,559 | 237,022 | ||||||
Super Micro Computer, Inc. (A) | 633 | 639,349 | ||||||
|
| |||||||
876,371 | ||||||||
|
| |||||||
Textiles, Apparel & Luxury Goods - 0.7% | ||||||||
Crocs, Inc. (A) | 10,114 | 1,454,393 | ||||||
Deckers Outdoor Corp. (A) | 3,820 | 3,595,613 | ||||||
|
| |||||||
5,050,006 | ||||||||
|
|
Shares | Value | |||||||
COMMON STOCKS (continued) | ||||||||
Trading Companies & Distributors - 2.4% | ||||||||
Boise Cascade Co. | 13,400 | $ 2,055,158 | ||||||
Core & Main, Inc., Class A (A) | 88,500 | 5,066,625 | ||||||
FTAI Aviation Ltd. | 50,800 | 3,418,840 | ||||||
Herc Holdings, Inc. | 7,064 | 1,188,871 | ||||||
SiteOne Landscape Supply, Inc. (A) | 16,896 | 2,949,197 | ||||||
Watsco, Inc. | 4,739 | 2,047,106 | ||||||
|
| |||||||
16,725,797 | ||||||||
|
| |||||||
Total Common Stocks |
| 687,464,398 | ||||||
|
| |||||||
OTHER INVESTMENT COMPANY - 1.7% | ||||||||
Securities Lending Collateral - 1.7% |
| |||||||
State Street Navigator Securities Lending Trust - Government Money Market Portfolio, 5.29% (F) | 11,507,475 | 11,507,475 | ||||||
|
| |||||||
Total Other Investment Company |
| 11,507,475 | ||||||
|
| |||||||
Principal | Value | |||||||
REPURCHASE AGREEMENT - 0.6% |
| |||||||
Fixed Income Clearing Corp., 2.50% (F), dated 03/28/2024, to be repurchased at $4,473,953 on 04/01/2024. Collateralized by a U.S. Government Obligation, 4.00%, due 12/15/2025, and with a value of $4,562,182. | $ 4,472,711 | 4,472,711 | ||||||
|
| |||||||
Total Repurchase Agreement |
| 4,472,711 | ||||||
|
| |||||||
Total Investments |
| 703,444,584 | ||||||
Net Other Assets (Liabilities) - (1.3)% | (9,130,504 | ) | ||||||
|
| |||||||
Net Assets - 100.0% | $ 694,314,080 | |||||||
|
|
Transamerica Series Trust | Page 4 |
Transamerica T. Rowe Price Small Cap VP
SCHEDULE OF INVESTMENTS (continued)
At March 31, 2024
(unaudited)
INVESTMENT VALUATION:
Valuation Inputs (G)
Level 1 - Unadjusted Quoted Prices | Level 2 - Other Significant Observable Inputs | Level 3 - Significant Unobservable Inputs (H) | Value | |||||||||||||
ASSETS |
| |||||||||||||||
Investments |
| |||||||||||||||
Common Stocks | $ | 687,464,398 | $ | — | $ | 0 | $ | 687,464,398 | ||||||||
Other Investment Company | 11,507,475 | — | — | 11,507,475 | ||||||||||||
Repurchase Agreement | — | 4,472,711 | — | 4,472,711 | ||||||||||||
|
|
|
|
|
|
|
| |||||||||
Total Investments | $ | 698,971,873 | $ | 4,472,711 | $ | 0 | $ | 703,444,584 | ||||||||
|
|
|
|
|
|
|
|
FOOTNOTES TO SCHEDULE OF INVESTMENTS:
(A) | Non-income producing securities. | |||||||
(B) | All or a portion of the securities are on loan. The total value of all securities on loan is $15,254,634, collateralized by cash collateral of $11,507,475 and non-cash collateral, such as U.S. government securities and irrevocable letters of credit, of $4,082,973. The amount of securities on loan indicated may not correspond with the securities on loan identified because securities with pending sales are in the process of recall from the brokers. | |||||||
(C) | Fair valued as determined in good faith in accordance with procedures established by the Board. At March 31, 2024, the value of the security is $0, representing less than 0.1% of the Portfolio’s net assets. | |||||||
(D) | Security deemed worthless. | |||||||
(E) | Security is Level 3 of the fair value hierarchy. | |||||||
(F) | Rates disclosed reflect the yields at March 31, 2024. | |||||||
(G) | There were no transfers in or out of Level 3 during the period ended March 31, 2024. Please reference the Investment Valuation section of the Notes to Schedule of Investments for more information regarding investment valuation and pricing inputs. | |||||||
(H) | Level 3 securities were not considered significant to the Portfolio. |
PORTFOLIO ABBREVIATIONS:
ADR | American Depositary Receipt | |||||||
REIT | Real Estate Investment Trust |
Transamerica Series Trust | Page 5 |
Transamerica T. Rowe Price Small Cap VP
NOTES TO SCHEDULE OF INVESTMENTS
At March 31, 2024
(unaudited)
INVESTMENT VALUATION
Transamerica T. Rowe Price Small Cap VP (the “Portfolio”) is a series of the Transamerica Series Trust.
Transamerica Asset Management, Inc. (“TAM”) has been designated as the Portfolio’s valuation designee pursuant to Rule 2a-5 under the Investment Company Act of 1940, as amended, with responsibility for fair valuation subject to oversight by the Portfolio’s Board of Trustees. The net asset value of the Portfolio is computed as of the official close of the New York Stock Exchange (“NYSE”) each day the NYSE is open for business.
TAM utilizes various methods to measure the fair value of its investments on a recurring basis. Generally Accepted Accounting Principles in the United States of America establishes a hierarchy that prioritizes inputs to valuation methods. The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities. The three levels (“Levels”) of inputs of the fair value hierarchy are defined as follows:
Level 1 — Unadjusted quoted prices in active markets for identical securities.
Level 2 — Inputs, other than quoted prices included in Level 1, which are observable, either directly or indirectly. These inputs may include quoted prices for the identical instrument on an inactive market, prices for similar instruments, interest rates, prepayment speeds, credit risk, yield curves, default rates, and similar data.
Level 3 — Unobservable inputs based on the best information available in the circumstances, to the extent observable inputs are not available, which may include TAM’s own assumptions used in determining the fair value of the Portfolio’s investments.
The inputs used to measure fair value may fall into different Levels of the fair value hierarchy. In such cases, for disclosure purposes, the Level in the fair value hierarchy that is assigned to the fair value measurement of a security is determined based on the lowest Level input that is significant to the fair value measurement in its entirety. Certain investments that are measured at fair value using Net Asset Value (“NAV”) per share, or its equivalent, using the “practical expedient” have not been classified in the fair value Levels. The hierarchy classification of inputs used to value the Portfolio’s investments at March 31, 2024, is disclosed within the Investment Valuation section of the Schedule of Investments.
The availability of observable inputs can vary from security to security and is affected by a wide variety of factors, including, but not limited to, the type of security, whether the security is new and not yet established in the marketplace, the liquidity of markets, and other characteristics particular to the security. To the extent that valuation is based on models or inputs that are less observable or unobservable in the market, the determination of fair value requires more judgment. Accordingly, the degree of judgment exercised in determining fair value is generally greatest for instruments categorized in Level 3. Due to the inherent uncertainty of valuation, the determination of values may differ significantly from values that would have been realized had a ready market for investments existed, and the differences could be material.
Fair value measurements: Descriptions of the valuation techniques applied to the Portfolio’s significant categories of assets and liabilities measured at fair value on a recurring basis are as follows:
Equity securities: Securities are stated at the last reported sales price or closing price on the day of valuation taken from the primary exchange where the security is principally traded. To the extent these securities are actively traded and valuation adjustments are not applied, they are categorized in Level 1 of the fair value hierarchy. Equities traded on inactive markets or valued by reference to similar instruments are generally categorized in Level 2 or Level 3 if inputs are unobservable.
Foreign equity securities: Securities in which the primary trading market closes at the same time or after the NYSE, are valued based on quotations from the primary market in which they are traded and are categorized in Level 1. Because many foreign securities markets and exchanges close prior to the close of the NYSE, closing prices for foreign securities in those markets or on those exchanges do not reflect the events that occur after that close. Certain foreign securities may be fair valued using a pricing service that considers the correlation of the trading patterns of the foreign security to the intraday trading in the U.S. markets for investments such as American Depositary Receipts, financial futures, or ETFs and the movement of certain indices of securities based on a statistical analysis of their historical relationship; such valuations generally are categorized in Level 2.
Securities lending collateral: Securities lending collateral is invested in a money market fund which is valued at the actively traded NAV and no valuation adjustments are applied. Securities lending collateral is categorized in Level 1 of the fair value hierarchy.
Repurchase agreements: Repurchase agreements are valued at cost, which approximates fair value. To the extent the inputs are observable and timely, the values are generally categorized in Level 2 of the fair value hierarchy.
Transamerica Series Trust | Page 6 |