Transamerica Bond (IDITX) NPORT-P Transamerica Mid Cap Growth (Jul 2020 report)

Transamerica Mid Cap Growth

SCHEDULE OF INVESTMENTS

At July 31, 2020

(unaudited)

	Shares		Value
COMMON STOCKS - 97.4%
Aerospace & Defense - 6.4%
BWX Technologies, Inc.		352,811		$  19,235,256
Hexcel Corp.		329,813		12,302,025
				31,537,281
Biotechnology - 5.7%
Bluebird Bio, Inc. (A)		154,769		9,394,478
Incyte Corp. (A)		93,862		9,269,811
Seattle Genetics, Inc. (A)		57,696		9,593,114
				28,257,403
Building Products - 1.9%
Fortune Brands Home & Security, Inc.		121,078		9,262,467
Capital Markets - 2.7%
Hamilton Lane, Inc., Class A		182,671		13,196,153
Diversified Consumer Services - 2.6%
Bright Horizons Family Solutions, Inc. (A)		118,077		12,662,578
Electronic Equipment, Instruments & Components - 4.2%
CDW Corp.		177,528		20,637,630
Entertainment - 4.9%
Take-Two Interactive Software, Inc. (A)		145,662		23,891,481
Equity Real Estate Investment Trusts - 3.6%
SBA Communications Corp.		57,501		17,913,862
Health Care Equipment & Supplies - 10.4%
ABIOMED, Inc. (A)		34,277		10,281,043
IDEXX Laboratories, Inc. (A)		76,542		30,444,580
Penumbra, Inc. (A) (B)		47,372		10,512,321
				51,237,944
Hotels, Restaurants & Leisure - 7.6%
Aramark		586,229		12,381,156
Domino’s Pizza, Inc.		27,585		10,664,637
Vail Resorts, Inc.		74,753		14,354,819
				37,400,612
Internet & Direct Marketing Retail - 2.5%
Etsy, Inc. (A)		106,022		12,550,884
Life Sciences Tools & Services - 8.2%
ICON PLC (A)		96,227		17,846,259
Mettler-Toledo International, Inc. (A)		24,058		22,494,230
				40,340,489
Professional Services - 3.0%
TransUnion		165,861		14,856,170
Road & Rail - 3.5%
JB Hunt Transport Services, Inc.		131,363		16,998,372
Semiconductors & Semiconductor Equipment - 8.0%
KLA Corp.		109,715		21,924,349
Monolithic Power Systems, Inc.		65,435		17,340,929
				39,265,278
Software - 18.4%
Avalara, Inc. (A)		73,205		9,842,412
Ceridian HCM Holding, Inc. (A)		143,504		11,234,928

	Shares		Value
COMMON STOCKS (continued)
Software (continued)
DocuSign, Inc. (A)		48,645		$   10,547,695
Guidewire Software, Inc. (A)		128,904		15,166,845
Medallia, Inc. (A) (B)		165,648		5,090,363
Slack Technologies, Inc., Class A (A)		245,697		7,260,346
SS&C Technologies Holdings, Inc.		336,229		19,333,168
Tyler Technologies, Inc. (A)		33,323		11,904,642
				90,380,399
Specialty Retail - 3.8%
Burlington Stores, Inc. (A)		100,390		18,873,320
Total Common Stocks (Cost $416,210,598)				479,262,323
	Principal		Value
REPURCHASE AGREEMENT - 2.6%
Fixed Income Clearing Corp., 0.00% (C), dated 07/31/2020, to be repurchased at $12,601,627 on 08/03/2020. Collateralized by a U.S. Government Obligation, 0.13%, due 07/15/2023, and with a value of $12,853,689.		$  12,601,627		12,601,627
Total Repurchase Agreement (Cost $12,601,627)				12,601,627
Total Investments (Cost $428,812,225)				491,863,950
Net Other Assets (Liabilities) - (0.0)% (D)				(201,579	)
Net Assets - 100.0%				$  491,662,371

The notes are an integral part of this report. Transamerica Funds Page    1

Transamerica Mid Cap Growth

SCHEDULE OF INVESTMENTS (continued)

At July 31, 2020

(unaudited)

INVESTMENT VALUATION:

Valuation Inputs ^(E)

	Level 1 - Unadjusted Quoted Prices		Level 2 - Other Significant Observable Inputs		Level 3 - Significant Unobservable Inputs		Value
ASSETS
Investments
Common Stocks	$	479,262,323	$	—	$	—	$	479,262,323
Repurchase Agreement		—		12,601,627		—		12,601,627
Total Investments	$	479,262,323	$	12,601,627	$	—	$	491,863,950

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 $4,369,053, collateralized by non-cash collateral, such as U.S. government securities and irrevocable letters of credit, of $4,471,457. 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)	Rate disclosed reflects the yield at July 31, 2020.
(D)	Percentage rounds to less than 0.1% or (0.1)%.
(E)	There were no transfers in or out of Level 3 during the period ended July 31, 2020. Please reference the Investment Valuation section of the Notes to Schedule of Investments for more information regarding investment valuation and pricing inputs.

The notes are an integral part of this report. Transamerica Funds Page    2

Transamerica Mid Cap Growth

NOTES TO SCHEDULE OF INVESTMENTS

At July 31, 2020

(unaudited)

INVESTMENT VALUATION

All investments in securities are recorded at their estimated fair value. The Fund values its investments at the official close of the New York Stock Exchange (“NYSE”) each day the NYSE is open for business.

The Fund 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 the Fund’s own assumptions used in determining the fair value of 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 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 Fund’s investments at July 31, 2020, 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 Fund’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.

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.

The notes are an integral part of this report. Transamerica Funds Page    3