VY® T. Rowe Price Capital Appreciation Portfolio | PORTFOLIO OF INVESTMENTS |
as of March 31, 2022 (Unaudited) |
Shares | Value | Percentage of Net Assets | |||
COMMON STOCK: 66.3% | |||||
Communication Services: 4.4% | |||||
44,358 | (1),(2) | Alphabet, Inc. - Class A | $ | 123,375,123 | 1.5 |
61,340 | (1),(2) | Alphabet, Inc. - Class C | 171,322,007 | 2.0 | |
287,191 | (2),(3) | Liberty Media Corp.- Liberty Formula One C Tracking Stock | 20,057,420 | 0.2 | |
263,765 | (2) | Meta Platforms, Inc. | 58,650,785 | 0.7 | |
373,405,335 | 4.4 | ||||
Consumer Discretionary: 9.8% | |||||
156,299 | (1),(2) | Amazon.com, Inc. | 509,526,925 | 6.0 | |
59,400 | Dollar General Corp. | 13,224,222 | 0.2 | ||
100,133 | (1) | McDonald's Corp. | 24,760,888 | 0.3 | |
32,600 | (1) | Ross Stores, Inc. | 2,948,996 | 0.0 | |
266,400 | (1) | Starbucks Corp. | 24,234,408 | 0.3 | |
2,163,072 | Yum! Brands, Inc. | 256,388,924 | 3.0 | ||
831,084,363 | 9.8 | ||||
Consumer Staples: 1.6% | |||||
3,185,027 | Keurig Dr Pepper, Inc. | 120,712,523 | 1.4 | ||
106,567 | (1) | Walmart, Inc. | 15,869,958 | 0.2 | |
136,582,481 | 1.6 | ||||
Financials: 5.7% | |||||
54,200 | CME Group, Inc. | 12,892,012 | 0.2 | ||
907,183 | Intercontinental Exchange, Inc. | 119,857,018 | 1.4 | ||
977,436 | Marsh & McLennan Cos., Inc. | 166,574,643 | 2.0 | ||
970,113 | PNC Financial Services Group, Inc. | 178,937,343 | 2.1 | ||
478,261,016 | 5.7 | ||||
Health Care: 16.7% | |||||
99,900 | (1) | Abbott Laboratories | 11,824,164 | 0.1 | |
979,555 | Alcon, Inc. | 77,606,158 | 0.9 | ||
856,241 | (2),(3) | Avantor, Inc. | 28,958,071 | 0.3 | |
100,200 | Baxter International, Inc. | 7,769,508 | 0.1 | ||
718,523 | (1) | Becton Dickinson & Co. | 191,127,118 | 2.3 | |
168,184 | (2) | Catalent, Inc. | 18,651,606 | 0.2 | |
23,225 | Cooper Cos., Inc. | 9,698,528 | 0.1 | ||
752,191 | Danaher Corp. | 220,640,186 | 2.6 | ||
645,609 | (2) | Hologic, Inc. | 49,595,683 | 0.6 | |
262,561 | Humana, Inc. | 114,258,670 | 1.4 | ||
230,100 | (1) | Medtronic PLC | 25,529,595 | 0.3 | |
1,134,028 | (3) | PerkinElmer, Inc. | 197,842,525 | 2.3 | |
39,064 | Teleflex, Inc. | 13,861,079 | 0.2 | ||
480,507 | Thermo Fisher Scientific, Inc. | 283,811,460 | 3.4 | ||
307,219 | UnitedHealth Group, Inc. | 156,672,473 | 1.9 | ||
1,407,846,824 | 16.7 | ||||
Industrials: 9.4% | |||||
1,797,151 | (2),(3) | Aurora Innovation, Inc. | 10,046,074 | 0.1 | |
1,251,142 | (2),(4) | Aurora Innovation, Inc. Lockup Shares | 6,784,067 | 0.1 | |
1,606,224 | Fortive Corp. | 97,867,228 | 1.2 | ||
3,513,727 | (1) | General Electric Co. | 321,506,021 | 3.8 | |
2,028,806 | Ingersoll Rand, Inc. | 102,150,382 | 1.2 | ||
42,868 | Otis Worldwide Corp. | 3,298,693 | 0.0 | ||
37,500 | Republic Services, Inc. | 4,968,750 | 0.1 | ||
183,175 | Roper Technologies, Inc. | 86,500,730 | 1.0 | ||
293,249 | (3) | TransUnion | 30,304,352 | 0.4 | |
930,024 | Waste Connections, Inc. | 129,924,353 | 1.5 | ||
793,350,650 | 9.4 | ||||
Information Technology: 15.2% | |||||
1,144,637 | Apple, Inc. | 199,865,067 | 2.4 | ||
37,100 | Mastercard, Inc. - Class A | 13,258,798 | 0.2 | ||
1,891,511 | Microsoft Corp. | 583,171,756 | 6.9 | ||
252,200 | Nvidia Corp. | 68,815,292 | 0.8 | ||
7,991 | NXP Semiconductor NV - NXPI - US | 1,478,974 | 0.0 | ||
530,264 | (2) | Salesforce.com, Inc. | 112,585,652 | 1.3 | |
1,271,061 | (3) | TE Connectivity Ltd. | 166,483,570 | 2.0 | |
104,379 | (2) | Teledyne Technologies, Inc. | 49,332,647 | 0.6 | |
397,800 | (3) | Visa, Inc. - Class A | 88,220,106 | 1.0 | |
1,283,211,862 | 15.2 | ||||
Materials: 0.5% | |||||
127,623 | Linde PLC | 40,766,615 | 0.5 | ||
Utilities: 3.0% | |||||
1,037,618 | (1) | Ameren Corp. | 97,287,063 | 1.1 | |
60,900 | American Electric Power Co., Inc. | 6,075,993 | 0.1 | ||
718,085 | CMS Energy Corp. | 50,222,865 | 0.6 | ||
151,499 | Constellation Energy Corp. | 8,521,819 | 0.1 | ||
454,500 | (3) | Exelon Corp. | 21,647,835 | 0.2 | |
1,050,660 | (1) | Public Service Enterprise Group, Inc. | 73,546,200 | 0.9 | |
257,301,775 | 3.0 | ||||
Total Common Stock | |||||
(Cost $4,743,549,331) | 5,601,810,921 | 66.3 | |||
PREFERRED STOCK: 1.0% | |||||
Consumer Discretionary: 0.4% | |||||
413,251 | (2),(4),(5) | Waymo LLC., Series A-2 | 37,904,208 | 0.4 | |
Financials: 0.0% | |||||
23,000 | (2),(3),(6) | Charles Schwab Corp. - Series D | 582,130 | 0.0 | |
Utilities: 0.6% | |||||
728,977 | (2),(3),(6) | CMS Energy Corp. | 18,734,709 | 0.2 | |
580,499 | (2),(3),(6) | CMS Energy Corp. | 14,982,679 | 0.2 | |
235,962 | (2),(6),(7) | NiSource, Inc. - Series B | 6,335,580 | 0.1 | |
392,025 | (2),(6),(7) | SCE Trust IV | 9,110,661 | 0.1 | |
49,163,629 | 0.6 | ||||
Total Preferred Stock | |||||
(Cost $84,496,281) | 87,649,967 | 1.0 | |||
Principal Amount† | Value | Percentage of Net Assets | |||
CORPORATE BONDS/NOTES: 7.5% | |||||
Communications: 1.7% | |||||
9,330,000 | (3),(8) | Altice France Holding SA, 10.500%, 05/15/2027 | 9,775,041 | 0.1 | |
45,000 | (8) | Arches Buyer, Inc., 4.250%, 06/01/2028 | 42,034 | 0.0 | |
8,415,000 | (3),(8) | CCO Holdings LLC / CCO Holdings Capital Corp., 4.000%, 03/01/2023 | 8,420,301 | 0.1 |
VY® T. Rowe Price Capital Appreciation Portfolio | PORTFOLIO OF INVESTMENTS |
as of March 31, 2022 (Unaudited) (Continued) |
Principal Amount† | Value | Percentage of Net Assets | |||
CORPORATE BONDS/NOTES: (continued) | |||||
Communications: (continued) | |||||
45,653,000 | (8) | CCO Holdings LLC / CCO Holdings Capital Corp., 5.000%, 02/01/2028 | $ | 45,260,841 | 0.6 |
44,545,000 | (8) | CCO Holdings LLC / CCO Holdings Capital Corp., 5.125%, 05/01/2027 | 44,669,726 | 0.5 | |
2,125,000 | (3),(8) | CCO Holdings LLC / CCO Holdings Capital Corp., 5.500%, 05/01/2026 | 2,158,511 | 0.0 | |
600,000 | Lamar Media Corp., 3.625%, 01/15/2031 | 551,829 | 0.0 | ||
3,610,000 | Lamar Media Corp., 3.750%, 02/15/2028 | 3,432,749 | 0.1 | ||
7,450,000 | (3),(8) | Photo Holdings Merger Sub, Inc., 8.500%, 10/01/2026 | 7,110,429 | 0.1 | |
12,390,000 | (3),(8) | Sirius XM Radio, Inc., 5.000%, 08/01/2027 | 12,381,451 | 0.2 | |
205,000 | T-Mobile USA, Inc., 2.625%, 02/15/2029 | 187,389 | 0.0 | ||
860,000 | T-Mobile USA, Inc., 2.875%, 02/15/2031 | 776,150 | 0.0 | ||
975,000 | (3),(8) | T-Mobile USA, Inc., 3.375%, 04/15/2029 | 928,688 | 0.0 | |
2,825,000 | (3) | T-Mobile USA, Inc., 3.500%, 04/15/2031 | 2,662,676 | 0.0 | |
435,000 | T-Mobile USA, Inc., 4.750%, 02/01/2028 | 442,569 | 0.0 | ||
2,605,000 | (8) | Twitter, Inc., 5.000%, 03/01/2030 | 2,596,390 | 0.0 | |
141,396,774 | 1.7 | ||||
Consumer, Cyclical: 3.0% | |||||
13,970,000 | (3) | Cedar Fair L.P., 5.250%, 07/15/2029 | 13,782,872 | 0.2 | |
16,455,000 | (3) | Cedar Fair L.P. / Canada's Wonderland Co. / Magnum Management Corp. / Millennium Op, 5.375%, 04/15/2027 | 16,323,113 | 0.2 | |
5,665,000 | (3),(8) | Cedar Fair L.P. / Canada's Wonderland Co. / Magnum Management Corp. / Millennium Op, 5.500%, 05/01/2025 | 5,824,300 | 0.1 | |
10,835,000 | (3) | Cedar Fair L.P. / Canada's Wonderland Co. / Magnum Management Corp. / Millennium Op, 6.500%, 10/01/2028 | 11,037,289 | 0.1 | |
3,708,000 | (3),(8) | Clarios Global L.P. / Clarios US Finance Co., 6.250%, 05/15/2026 | 3,820,389 | 0.0 | |
2,719,000 | (8) | Clarios Global L.P. / Clarios US Finance Co., 6.750%, 05/15/2025 | 2,818,991 | 0.0 | |
11,970,000 | (3),(8) | Clarios Global L.P. / Clarios US Finance Co., 8.500%, 05/15/2027 | 12,435,035 | 0.2 | |
12,595,000 | (8) | Delta Air Lines, Inc. / SkyMiles IP Ltd., 4.500%, 10/20/2025 | 12,678,084 | 0.2 | |
7,010,000 | (8) | Delta Air Lines, Inc. / SkyMiles IP Ltd., 4.750%, 10/20/2028 | 7,075,919 | 0.1 | |
1,030,000 | (8) | Hilton Domestic Operating Co., Inc., 3.625%, 02/15/2032 | 936,461 | 0.0 | |
540,000 | (3),(8) | Hilton Domestic Operating Co., Inc., 4.000%, 05/01/2031 | 510,721 | 0.0 | |
615,000 | (3),(8) | Hilton Domestic Operating Co., Inc., 5.375%, 05/01/2025 | 630,006 | 0.0 | |
250,000 | (3) | Hilton Worldwide Finance LLC / Hilton Worldwide Finance Corp., 4.875%, 04/01/2027 | 252,128 | 0.0 | |
445,000 | (8) | IRB Holding Corp., 6.750%, 02/15/2026 | 453,275 | 0.0 | |
34,245,000 | (8) | KFC Holding Co/Pizza Hut Holdings LLC/Taco Bell of America LLC, 4.750%, 06/01/2027 | 34,814,494 | 0.4 | |
9,459,000 | (3),(8) | Life Time, Inc., 5.750%, 01/15/2026 | 9,462,736 | 0.1 | |
595,000 | (8) | Live Nation Entertainment, Inc., 4.875%, 11/01/2024 | 598,414 | 0.0 | |
2,175,000 | Marriott International, Inc./MD, 3.125%, 06/15/2026 | 2,152,269 | 0.0 | ||
7,550,000 | (3),(8) | Mileage Plus Holdings LLC / Mileage Plus Intellectual Property Assets Ltd., 6.500%, 06/20/2027 | 7,880,313 | 0.1 | |
34,751,000 | (3),(8) | Six Flags Entertainment Corp., 4.875%, 07/31/2024 | 34,792,701 | 0.4 | |
21,402,000 | (3),(8) | Six Flags Entertainment Corp., 5.500%, 04/15/2027 | 21,402,856 | 0.3 | |
11,039,000 | (8) | Six Flags Theme Parks, Inc., 7.000%, 07/01/2025 | 11,539,343 | 0.1 | |
2,265,491 | United Airlines 2012-1 Class A Pass Through Trust, 4.150%, 10/11/2025 | 2,274,818 | 0.0 | ||
1,348,107 | US Airways 2010-1 Class A Pass Through Trust, 6.250%, 10/22/2024 | 1,358,985 | 0.0 | ||
305,597 | US Airways 2012-2 Class A Pass Through Trust, 4.625%, 12/03/2026 | 294,953 | 0.0 | ||
1,740,322 | US Airways 2013-1 Class A Pass Through Trust, 3.950%, 05/15/2027 | 1,664,980 | 0.0 | ||
2,409,000 | Yum! Brands, Inc., 3.625%, 03/15/2031 | 2,200,471 | 0.0 | ||
8,160,000 | (3) | Yum! Brands, Inc., 3.875%, 11/01/2023 | 8,231,318 | 0.1 | |
1,805,000 | Yum! Brands, Inc., 4.625%, 01/31/2032 | 1,749,036 | 0.0 | ||
2,175,000 | (8) | Yum! Brands, Inc., 4.750%, 01/15/2030 | 2,136,938 | 0.0 | |
13,525,000 | Yum! Brands, Inc., 5.350%, 11/01/2043 | 13,229,749 | 0.2 | ||
4,666,000 | Yum! Brands, Inc., 5.375%, 04/01/2032 | 4,683,498 | 0.1 | ||
5,885,000 | Yum! Brands, Inc., 6.875%, 11/15/2037 | 6,579,430 | 0.1 | ||
2,355,000 | (3),(8) | Yum! Brands, Inc., 7.750%, 04/01/2025 | 2,446,256 | 0.0 | |
258,072,141 | 3.0 | ||||
Consumer, Non-cyclical: 0.7% | |||||
1,115,000 | (3),(8) | Avantor Funding, Inc., 3.875%, 11/01/2029 | 1,049,583 | 0.0 | |
11,430,000 | (3),(8) | Avantor Funding, Inc., 4.625%, 07/15/2028 | 11,318,958 | 0.2 | |
3,051,000 | (8) | Catalent Pharma Solutions, Inc., 3.125%, 02/15/2029 | 2,779,202 | 0.1 | |
1,605,000 | (3),(8) | Catalent Pharma Solutions, Inc., 3.500%, 04/01/2030 | 1,467,829 | 0.0 | |
875,000 | (3),(8) | Catalent Pharma Solutions, Inc., 5.000%, 07/15/2027 | 886,314 | 0.0 | |
2,100,000 | (8) | CoreLogic, Inc., 4.500%, 05/01/2028 | 1,984,300 | 0.0 |
VY® T. Rowe Price Capital Appreciation Portfolio | PORTFOLIO OF INVESTMENTS |
as of March 31, 2022 (Unaudited) (Continued) |
Principal Amount† | Value | Percentage of Net Assets | |||
CORPORATE BONDS/NOTES: (continued) | |||||
Consumer, Non-cyclical: (continued) | |||||
1,240,000 | (3),(8) | Gartner, Inc., 3.625%, 06/15/2029 | $ | 1,164,224 | 0.0 |
1,510,000 | (8) | Gartner, Inc., 3.750%, 10/01/2030 | 1,419,891 | 0.0 | |
770,000 | (8) | Gartner, Inc., 4.500%, 07/01/2028 | 767,998 | 0.0 | |
10,734,000 | (8) | Hadrian Merger Sub, Inc., 8.500%, 05/01/2026 | 10,817,671 | 0.1 | |
1,115,000 | (8) | Hologic, Inc., 3.250%, 02/15/2029 | 1,042,564 | 0.0 | |
2,355,000 | (3),(8) | IQVIA, Inc., 5.000%, 05/15/2027 | 2,383,872 | 0.0 | |
2,345,000 | (8) | Korn Ferry, 4.625%, 12/15/2027 | 2,292,155 | 0.0 | |
6,760,000 | (3),(8) | Surgery Center Holdings, Inc., 10.000%, 04/15/2027 | 7,108,816 | 0.1 | |
700,000 | (8) | Teleflex, Inc., 4.250%, 06/01/2028 | 682,944 | 0.0 | |
6,015,000 | Teleflex, Inc., 4.625%, 11/15/2027 | 6,104,473 | 0.1 | ||
2,700,000 | (3),(8) | Tenet Healthcare Corp., 4.625%, 09/01/2024 | 2,722,950 | 0.1 | |
55,993,744 | 0.7 | ||||
Financial: 1.2% | |||||
12,600,000 | (8) | Acrisure LLC / Acrisure Finance, Inc., 7.000%, 11/15/2025 | 12,609,198 | 0.2 | |
2,230,000 | (8) | Alliant Holdings Intermediate LLC / Alliant Holdings Co-Issuer, 4.250%, 10/15/2027 | 2,149,352 | 0.0 | |
2,625,000 | (3),(8) | Alliant Holdings Intermediate LLC / Alliant Holdings Co-Issuer, 5.875%, 11/01/2029 | 2,528,439 | 0.0 | |
4,275,000 | (3),(8) | Alliant Holdings Intermediate LLC / Alliant Holdings Co-Issuer, 6.750%, 10/15/2027 | 4,230,967 | 0.1 | |
3,510,000 | (3),(8) | AmWINS Group, Inc., 4.875%, 06/30/2029 | 3,374,163 | 0.1 | |
2,790,000 | (3),(8) | HUB International Ltd., 5.625%, 12/01/2029 | 2,669,737 | 0.0 | |
44,850,000 | (8) | HUB International Ltd., 7.000%, 05/01/2026 | 45,424,977 | 0.5 | |
480,000 | (3),(8) | Ryan Specialty Group LLC, 4.375%, 02/01/2030 | 454,200 | 0.0 | |
1,285,000 | (3) | SBA Communications Corp., 3.125%, 02/01/2029 | 1,170,571 | 0.0 | |
4,745,000 | SBA Communications Corp., 3.875%, 02/15/2027 | 4,634,489 | 0.1 | ||
2,214,000 | (7) | State Street Corp., 4.423%, 12/31/2199 | 2,224,352 | 0.0 | |
18,125,000 | (3),(8) | USI, Inc./NY, 6.875%, 05/01/2025 | 18,215,444 | 0.2 | |
99,685,889 | 1.2 | ||||
Industrial: 0.7% | |||||
23,480,000 | (3),(7) | General Electric Co., 4.156%, 12/31/2199 | 22,599,500 | 0.3 | |
3,185,000 | Howmet Aerospace, Inc., 3.000%, 01/15/2029 | 2,912,667 | 0.0 | ||
1,500,000 | Lennox International, Inc., 3.000%, 11/15/2023 | 1,502,470 | 0.0 | ||
2,540,000 | (8) | Sensata Technologies BV, 4.000%, 04/15/2029 | 2,422,423 | 0.0 | |
4,220,000 | (3),(8) | Sensata Technologies BV, 4.875%, 10/15/2023 | 4,351,706 | 0.1 | |
5,100,000 | (3),(8) | Sensata Technologies BV, 5.000%, 10/01/2025 | 5,178,617 | 0.1 | |
1,430,000 | (8) | Sensata Technologies BV, 5.625%, 11/01/2024 | 1,481,544 | 0.0 | |
1,240,000 | (3),(8) | Sensata Technologies, Inc., 3.750%, 02/15/2031 | 1,148,928 | 0.0 | |
3,230,000 | (8) | TK Elevator US Newco, Inc., 5.250%, 07/15/2027 | 3,198,443 | 0.1 | |
655,000 | TransDigm UK Holdings PLC, 6.875%, 05/15/2026 | 667,841 | 0.0 | ||
2,100,000 | TransDigm, Inc., 5.500%, 11/15/2027 | 2,086,865 | 0.0 | ||
2,100,000 | (8) | TransDigm, Inc., 6.250%, 03/15/2026 | 2,158,527 | 0.0 | |
940,000 | TransDigm, Inc., 6.375%, 06/15/2026 | 949,682 | 0.0 | ||
5,885,000 | (3) | Welbilt, Inc., 9.500%, 02/15/2024 | 6,001,523 | 0.1 | |
56,660,736 | 0.7 | ||||
Technology: 0.1% | |||||
2,100,000 | (3),(8) | Black Knight InfoServ LLC, 3.625%, 09/01/2028 | 1,992,627 | 0.0 | |
1,520,000 | (8) | Booz Allen Hamilton, Inc., 3.875%, 09/01/2028 | 1,468,920 | 0.0 | |
4,176,000 | (8) | Clarivate Science Holdings Corp., 3.875%, 07/01/2028 | 3,988,832 | 0.1 | |
1,280,000 | (3),(8) | Clarivate Science Holdings Corp., 4.875%, 07/01/2029 | 1,206,918 | 0.0 | |
195,000 | (3),(8) | MSCI, Inc., 3.250%, 08/15/2033 | 175,683 | 0.0 | |
3,025,000 | (8) | MSCI, Inc., 3.625%, 09/01/2030 | 2,841,988 | 0.0 | |
430,000 | (3),(8) | MSCI, Inc., 3.625%, 11/01/2031 | 405,410 | 0.0 | |
40,000 | (8) | MSCI, Inc., 3.875%, 02/15/2031 | 38,008 | 0.0 | |
1,250,000 | (3),(8) | MSCI, Inc., 4.000%, 11/15/2029 | 1,216,288 | 0.0 | |
200,000 | (3) | Twilio, Inc., 3.625%, 03/15/2029 | 188,767 | 0.0 | |
13,523,441 | 0.1 | ||||
Utilities: 0.1% | |||||
9,465,000 | (3),(7) | NiSource, Inc., 5.650%, 12/31/2199 | 9,323,025 | 0.1 | |
Total Corporate Bonds/Notes | |||||
(Cost $628,182,602) | 634,655,750 | 7.5 | |||
U.S. TREASURY OBLIGATIONS: 6.4% | |||||
U.S. Treasury Notes: 6.4% | |||||
255,231,500 | 1.500%,01/31/2027 | 243,945,482 | 2.9 | ||
302,052,700 | 1.875%,02/28/2027 | 294,005,829 | 3.5 | ||
Total U.S. Treasury Obligations | |||||
(Cost $545,697,957) | 537,951,311 | 6.4 | |||
BANK LOANS: 13.5% | |||||
Aerospace & Defense: 0.2% | |||||
16,875,000 | SkyMiles IP Ltd. 2020 Skymiles Term Loan B, 4.750%, (US0003M + 3.750%), 10/20/2027 | 17,470,890 | 0.2 | ||
VY® T. Rowe Price Capital Appreciation Portfolio | PORTFOLIO OF INVESTMENTS |
as of March 31, 2022 (Unaudited) (Continued) |
Principal Amount† | Value | Percentage of Net Assets | |||
BANK LOANS: (continued) | |||||
Basic Materials: 0.0% | |||||
1,897,345 | HB Fuller Co. 1st Lien Term Loan B, 2.449%, (US0001M + 2.000%), 10/20/2024 | $ | 1,893,448 | 0.0 | |
Business Equipment & Services: 0.4% | |||||
32,199,300 | Ascend Learning, LLC 2021 Term Loan, 4.000%, (US0001M + 3.500%), 12/11/2028 | 31,857,182 | 0.4 | ||
2,802,975 | Polaris Newco LLC USD Term Loan B, 4.500%, (US0001M + 4.000%), 06/02/2028 | 2,786,508 | 0.0 | ||
34,643,690 | 0.4 | ||||
Communications: 0.0% | |||||
3,682,534 | Mega Broadband Investments TL B 1L, 3.750%, (US0001M + 3.000%), 11/12/2027 | 3,641,105 | 0.0 | ||
Consumer, Cyclical: 1.3% | |||||
350,000 | Cedar Fair L.P., 2.635%, (US0003M + 1.750%), 04/13/2024 | 346,938 | 0.0 | ||
37,950,000 | Formula One TL B3 1L, 3.500%, (US0003M + 2.500%), 02/01/2024 | 37,755,506 | 0.5 | ||
5,117,724 | Four Seasons Hotels Ltd. - TL B 1L, 3.006%, (US0003M + 2.000%), 11/30/2023 | 5,109,499 | 0.1 | ||
10,841,724 | Insprire Brands TL B 1L, 3.750%, (US0001M + 2.750%), 02/05/2025 | 10,760,411 | 0.1 | ||
3,731,830 | Life Time, Inc. - TL B 1L, 5.750%, (US0001M + 4.750%), 12/22/2024 | 3,726,001 | 0.0 | ||
41,685,000 | Mileage Plus Holdings LLC 2020 Term Loan B, 6.250%, (US0003M + 5.250%), 06/21/2027 | 43,430,559 | 0.5 | ||
8,258,605 | SeaWorld Parks & Entertainment, Inc. TL B 1L, 3.500%, (US0001M + 3.000%), 08/25/2028 | 8,183,766 | 0.1 | ||
3,291,750 | WellPet - TL B 1L, 4.678%, (US0003M + 3.750%), 12/21/2027 | 3,271,177 | 0.0 | ||
112,583,857 | 1.3 | ||||
Consumer, Non-cyclical: 1.6% | |||||
22,559,117 | ADMI Corp., 4.250%, (US0001M + 3.500%), 12/23/2027 | 22,330,706 | 0.3 | ||
704,951 | Avantor Funding, Inc. TL B4 1L, 2.500%, (US0001M + 2.000%), 11/21/2024 | 701,867 | 0.0 | ||
1,040,000 | CoreLogic, Inc. TL 2L, 7.000%, (US0001M + 6.500%), 04/13/2029 | 1,030,900 | 0.0 | ||
17,691,100 | CoreLogic, Inc. TL B 1L, 4.000%, (US0001M + 3.500%), 06/02/2028 | 17,452,270 | 0.2 | ||
1,666,562 | Eyecare Partners LLC TL 1L, 4.197%, (US0001M + 3.750%), 02/20/2027 | 1,648,508 | 0.0 | ||
1,500,000 | Eyecare Partners LLC TL 1L, 6.000%, (US0001M + 3.750%), 11/15/2028 | 1,486,250 | 0.0 | ||
30,162,534 | Heartland Dental LLC - TL 1L, 4.059%, (US0003M + 3.750%), 04/30/2025 | 29,873,486 | 0.4 | ||
20,615,592 | Loire Finco Luxembourg Sarl - TL B 1L, 3.707%, (US0003M + 3.250%), 01/24/2027 | 20,151,741 | 0.3 | ||
2,486,213 | Pacific Dental Services TL B 1L, 4.000%, (US0001M + 3.500%), 04/20/2028 | 2,460,833 | 0.0 | ||
2,139,206 | Pathway Vet Alliance LLC TL B 1L, 4.207%, (US0001M + 3.750%), 03/31/2027 | 2,121,825 | 0.0 | ||
7,922,346 | PetVet Care Centers LLC, 3.627%, (US0003M + 3.250%), 02/14/2025 | 7,814,404 | 0.1 | ||
655,000 | PetVet Care Centers LLC 2021 2L, 6.355%, (US0001M + 6.250%), 02/13/2026 | 652,817 | 0.0 | ||
2,103,895 | PetVet Care Centers LLC TL 1L, 3.207%, (US0003M + 2.750%), 02/14/2025 | 2,075,230 | 0.0 | ||
23,235,715 | Sunshine Luxembourg VII Sarl - TL B 1L, 4.756%, (US0003M + 4.250%), 07/17/2026 | 23,112,287 | 0.3 | ||
132,913,124 | 1.6 | ||||
Electronics/Electrical: 1.4% | |||||
114,394,779 | Ultimate Software Group Inc (The) 2021 Term Loan, 3.750%, (US0003M + 3.250%), 05/04/2026 | 113,792,147 | 1.4 | ||
Financial: 3.8% | |||||
4,298,400 | Acrisure, LLC 2021 Incremental Term Loan B, 4.250%, (US0001M + 3.750%), 02/15/2027 | 4,276,908 | 0.1 | ||
20,887,000 | Alliant Holdings Intermediate, LLC Term Loan B 1L, 3.707%, (US0003M + 3.000%), 05/09/2025 | 20,680,741 | 0.2 | ||
27,979,782 | Howden Group Holdings Ltd. - TL B 1L, 4.000%, (US0001M + 3.250%), 11/12/2027 | 27,734,959 | 0.3 | ||
82,675,782 | HUB International Ltd. - TL B3 1L, 4.001%, (US0003M + 3.250%), 04/25/2025 | 82,252,069 | 1.0 | ||
128,344,021 | HUB International Ltd. TL B 1L, 3.267%, (US0001M + 3.000%), 04/25/2025 | 127,053,265 | 1.5 | ||
6,636,332 | Ryan Specialty Group, LLC TL B 1L, 3.750%, (US0001M + 3.250%), 07/23/2027 | 6,603,151 | 0.1 | ||
51,985,598 | USI Inc/NY - TL B 1L, 4.006%, (US0003M + 3.000%), 05/16/2024 | 51,737,366 | 0.6 | ||
320,338,459 | 3.8 | ||||
Food Products: 0.1% | |||||
11,544,102 | IRB Holding Corp 2022 Term Loan B, 3.750%, (SOFRRATE + 3.000%), 12/15/2027 | 11,435,876 | 0.1 | ||
Health Care: 1.1% | |||||
9,900,000 | ADMI Corp. 2021 Term Loan B2, 3.875%, (US0001M + 3.375%), 12/23/2027 | 9,746,342 | 0.1 |
VY® T. Rowe Price Capital Appreciation Portfolio | PORTFOLIO OF INVESTMENTS |
as of March 31, 2022 (Unaudited) (Continued) |
Principal Amount† | Value | Percentage of Net Assets | |||
BANK LOANS: (continued) | |||||
Health Care: (continued) | |||||
2,803,813 | Heartland Dental, LLC 2021 Incremental Term Loan, 4.447%, (US0001M + 4.000%), 04/30/2025 | $ | 2,788,919 | 0.0 | |
65,290,000 | Medline Borrower, LP USD Term Loan B, 3.750%, (US0001M + 3.250%), 10/23/2028 | 64,677,710 | 0.8 | ||
12,415,911 | PetVet Care Centers, LLC 2021 Term Loan B3, 4.250%, (US0001M + 3.500%), 02/14/2025 | 12,356,414 | 0.2 | ||
3,874,824 | Press Ganey Holdings, Inc. 2021 Term Loan B, 4.500%, (US0003M + 3.750%), 07/24/2026 | 3,855,450 | 0.0 | ||
2,455,000 | Press Ganey Holdings, Inc. 2022 Incremental Term Loan, 3.800%, (SOFRRATE + 3.750%), 07/24/2026 | 2,436,588 | 0.0 | ||
95,861,423 | 1.1 | ||||
Industrial: 0.6% | |||||
EUR 9,341,374 | Filtration Group - TL B 1L, 3.500%, (US0003M + 3.000%), 03/29/2025 | 10,204,776 | 0.1 | ||
5,386,434 | Filtration Group Corp. 2018 1st Lien Term Loan, 3.209%, (US0003M + 3.000%), 03/31/2025 | 5,315,737 | 0.1 | ||
27,464,405 | TK Elevator US NewCo, Inc. TL B 1L, 4.000%, (US0001M + 3.500%), 07/30/2027 | 27,265,288 | 0.3 | ||
3,265,000 | Welbilt, Inc. 2018 Term Loan B 1L, 2.957%, (US0003M + 2.500%), 10/23/2025 | 3,245,955 | 0.1 | ||
46,031,756 | 0.6 | ||||
Industrial Equipment: 0.1% | |||||
7,942,900 | Filtration Group Corporation 2021 Incremental Term Loan, 4.000%, (US0001M + 3.500%), 10/21/2028 | 7,878,364 | 0.1 | ||
Insurance: 0.8% | |||||
31,130,695 | Alliant Holdings Intermediate, LLC 2021 Term Loan B4, 4.000%, (US0001M + 3.500%), 11/06/2027 | 30,972,270 | 0.4 | ||
9,329,856 | Alliant Holdings Intermediate, LLC Term Loan B, 3.707%, (US0001M + 3.250%), 05/09/2025 | 9,238,498 | 0.1 | ||
1,738,908 | Applied Systems, Inc. 2021 2nd Lien Term Loan, 6.250%, (US0003M + 5.500%), 09/19/2025 | 1,734,018 | 0.0 | ||
26,857,326 | USI, Inc. 2019 Incremental Term Loan B, 3.382%, (US0003M + 3.250%), 12/02/2026 | 26,700,668 | 0.3 | ||
68,645,454 | 0.8 | ||||
Lodging & Casinos: 0.1% | |||||
4,673,169 | Arches Buyer Inc. 2021 Term Loan B, 3.750%, (US0001M + 3.250%), 12/06/2027 | 4,604,165 | 0.1 | ||
Technology: 2.0% | |||||
21,455,870 | Applied Systems, Inc. 2017 1st Lien Term Loan, 4.006%, (US0003M + 3.250%), 09/19/2024 | 21,344,750 | 0.2 | ||
4,575,000 | Ascend Learning LLC TL B 2L, 6.250%, (US0001M + 3.500%), 11/18/2029 | 4,548,314 | 0.1 | ||
31,550,000 | Athenahealth, Inc. 2022 Term Loan, 4.000%, (SOFRRATE + 3.500%), 01/27/2029 | 31,283,781 | 0.4 | ||
17,503,438 | Clarivate / Camelot Finance SA TL B 1L, 4.000%, (US0003M + 3.000%), 10/31/2026 | 17,367,786 | 0.2 | ||
24,986,070 | Emerald TopCo Inc Term Loan, 3.656%, (US0001M + 3.500%), 07/24/2026 | 24,723,717 | 0.3 | ||
13,321,399 | Entegris, Inc. 2022 Term Loan B, 3.290%, (SOFRRATE + 3.000%), 03/02/2029 | 13,296,421 | 0.2 | ||
2,904,598 | Project Boost Purchaser LLC, 4.000%, (US0001M + 3.500%), 05/30/2026 | 2,879,182 | 0.0 | ||
31,358,909 | RealPage, Inc. Term Loan B 1L, 3.750%, (US0001M + 3.250%), 04/24/2028 | 31,053,159 | 0.4 | ||
1,125,000 | RealPage, Inc. Term Loan B 2L, 7.250%, (US0003M + 3.250%), 02/17/2029 | 1,132,031 | 0.0 | ||
5,273,500 | Sophia L.P. TL B 1L, 4.000%, (US0001M + 3.500%), 10/07/2027 | 5,227,357 | 0.1 | ||
2,273,333 | Sophia LP 2022 TL 1L, 4.540%, (SOFRRATE + 4.250%), 10/07/2027 | 2,256,283 | 0.0 | ||
1,596,000 | Storable, Inc. 2021 TL B 1L, 3.750%, (US0001M + 3.250%), 04/17/2028 | 1,579,043 | 0.0 | ||
5,385,000 | UKG, Inc. TL 2L, 5.750%, (US0001M + 6.750%), 05/03/2027 | 5,362,561 | 0.1 | ||
2,803,125 | Ultimate Software Group, Inc. - TL 1L, 4.756%, (US0003M + 3.750%), 05/04/2026 | 2,797,286 | 0.0 | ||
164,851,671 | 2.0 | ||||
Total Bank Loans | |||||
(Cost $1,136,302,417) | 1,136,585,429 | 13.5 | |||
ASSET-BACKED SECURITIES: 0.2% | |||||
Other Asset-Backed Securities: 0.2% | |||||
7,846,080 | (8) | Domino's Pizza Master Issuer LLC 2017-1A A23, 4.118%, 07/25/2047 | 7,810,297 | 0.1 | |
7,343,325 | (8) | Domino's Pizza Master Issuer LLC 2018-1A A2I, 4.116%, 07/25/2048 | 7,408,440 | 0.1 |
VY® T. Rowe Price Capital Appreciation Portfolio | PORTFOLIO OF INVESTMENTS |
as of March 31, 2022 (Unaudited) (Continued) |
Principal Amount† | Value | Percentage of Net Assets | |||
ASSET-BACKED SECURITIES: (continued) | |||||
Other Asset-Backed Securities: (continued) | |||||
3,635,800 | (8) | Domino's Pizza Master Issuer LLC 2019-1A A2, 3.668%, 10/25/2049 | $ | 3,497,771 | 0.0 |
Total Asset-Backed Securities | |||||
(Cost $18,742,143) | 18,716,508 | 0.2 | |||
CONVERTIBLE BONDS/NOTES: 0.2% | |||||
Communications: 0.2% | |||||
4,300,000 | (3) | Shopify, Inc., 0.125%, 11/01/2025 | 4,082,850 | 0.0 | |
6,452,000 | (8),(9) | Snap, Inc., 3.080%, 05/01/2027 | 5,529,364 | 0.1 | |
7,236,000 | (9) | Spotify USA, Inc., 3.970%, 03/15/2026 | 6,202,200 | 0.1 | |
Total Convertible Bonds/Notes | |||||
(Cost $15,938,901) | 15,814,414 | 0.2 | |||
Total Long-Term Investments | |||||
(Cost $7,172,909,632) | 8,033,184,300 | 95.1 | |||
SHORT-TERM INVESTMENTS: 6.9% | |||||
Commercial Paper: 0.1% | |||||
250,000 | (10) | Atlantic Asset Securitization LLC, 0.270%, 04/12/2022 | 249,970 | 0.0 | |
725,000 | (10) | Bank of Montreal, 0.220%, 04/18/2022 | 724,862 | 0.0 | |
600,000 | (10) | Collateralized Commercial Paper V Co., LLC, 0.360%, 06/08/2022 | 598,990 | 0.0 | |
725,000 | (10) | Credit Suisse AG, 0.330%, 06/09/2022 | 723,891 | 0.0 | |
575,000 | (10) | DBS Bank Ltd., 0.310%, 06/01/2022 | 574,318 | 0.0 | |
700,000 | (10) | DNB Bank ASA, 0.220%, 05/03/2022 | 699,800 | 0.0 | |
4,459,000 | (10) | Exxon Mobile Corporation, 0.290%, 04/01/2022 | 4,458,964 | 0.1 | |
700,000 | (10) | Landesbank Baden-Wurttemberg, 0.230%, 05/05/2022 | 699,648 | 0.0 | |
400,000 | (10) | LMA-Americas LLC, 0.270%, 05/04/2022 | 399,763 | 0.0 | |
725,000 | (10) | Mitsubishi UFJ Trust and Banking Corp., 0.270%, 04/18/2022 | 724,865 | 0.0 | |
275,000 | (10) | Old Line Funding LLC, 0.250%, 04/27/2022 | 274,885 | 0.0 | |
750,000 | (10) | Santander UK PLC, 0.230%, 04/08/2022 | 749,944 | 0.0 | |
500,000 | (10) | Santander UK PLC, 0.290%, 05/03/2022 | 499,777 | 0.0 | |
800,000 | (10) | Skandinaviska Enskilda Banken AB, 0.140%, 04/04/2022 | 799,973 | 0.0 | |
675,000 | (10) | Sumitomo Mitsui Trust Bank Ltd., 0.290%, 04/08/2022 | 674,951 | 0.0 | |
Total Commercial Paper | |||||
(Cost $12,854,601) | 12,854,601 | 0.1 | |||
Floating Rate Notes: 0.1% | |||||
600,000 | (10) | ANZ Bank, 0.380%, 07/13/2022 | 599,725 | 0.0 | |
750,000 | (10) | Bank of America N.A., 0.380%, 07/06/2022 | 750,000 | 0.1 | |
475,000 | (10) | Bank of Nova Scotia, 0.410%, 07/12/2022 | 474,720 | 0.0 | |
625,000 | (10) | Cooperatieve Rabobank U.A./New York, 0.420%, 06/21/2022 | 624,762 | 0.0 | |
725,000 | (10) | Cooperatieve Rabobank U.A./New York, 0.400%, 07/11/2022 | 724,561 | 0.0 | |
725,000 | (10) | Credit Industriel et Commercial, 0.390%, 07/05/2022 | 724,591 | 0.0 | |
350,000 | (10) | Credit Industriel et Commercial, 0.410%, 07/07/2022 | 349,804 | 0.0 | |
725,000 | (10) | Natixis SA, 0.390%, 07/11/2022 | 724,635 | 0.0 | |
750,000 | (10) | Skandinaviska Enskilda Banken AB, 0.410%, 07/20/2022 | 749,568 | 0.0 | |
400,000 | (10) | Sumitomo Mitsui Trust Bank Ltd., 0.490%, 06/24/2022 | 399,908 | 0.0 | |
725,000 | (10) | Svenska Handelsbanken AB, 0.400%, 07/11/2022 | 724,540 | 0.0 | |
Total Floating Rate Notes | |||||
(Cost $6,846,814) | 6,846,814 | 0.1 | |||
Repurchase Agreements: 1.1% | |||||
2,900,254 | (10) | Bethesda Securities LLC, Repurchase Agreement dated 03/31/22, 0.33%, due 04/01/22 (Repurchase Amount $2,900,280, collateralized by various U.S. Government Agency Obligations, 2.000%-5.500%, Market Value plus accrued interest $2,987,262, due 04/01/23-03/01/52) | 2,900,254 | 0.0 | |
21,221,160 | (10) | Cantor Fitzgerald Securities, Repurchase Agreement dated 03/31/22, 0.29%, due 04/01/22 (Repurchase Amount $21,221,329, collateralized by various U.S. Government Agency Obligations, 0.000%-9.000%, Market Value plus accrued interest $21,645,583, due 04/25/22-12/20/71) | 21,221,160 | 0.2 | |
5,423,929 | (10) | CF Secured LLC, Repurchase Agreement dated 03/31/22, 0.29%, due 04/01/22 (Repurchase Amount $5,423,972, collateralized by various U.S. Government/U.S. Government Agency Obligations, 0.000%-5.500%, Market Value plus accrued interest $5,532,408, due 04/05/22-03/01/52) | 5,423,929 | 0.1 |
VY® T. Rowe Price Capital Appreciation Portfolio | PORTFOLIO OF INVESTMENTS |
as of March 31, 2022 (Unaudited) (Continued) |
Principal Amount† | Value | Percentage of Net Assets | |||
SHORT-TERM INVESTMENTS: (continued) | |||||
Repurchase Agreements (continued) | |||||
10,736,631 | (10) | Citadel Securities LLC, Repurchase Agreement dated 03/31/22, 0.33%, due 04/01/22 (Repurchase Amount $10,736,728, collateralized by various U.S. Government Securities, 0.000%-7.625%, Market Value plus accrued interest $10,951,493, due 04/19/22-02/15/52) | $ | 10,736,631 | 0.1 |
24,280,757 | (10) | Citigroup, Inc., Repurchase Agreement dated 03/31/22, 0.31%, due 04/01/22 (Repurchase Amount $24,280,963, collateralized by various U.S. Government Agency Obligations, 2.000%-10.000%, Market Value plus accrued interest $24,766,372, due 06/15/22-01/20/52) | 24,280,757 | 0.3 | |
4,720,938 | (10) | Industrial & Comm. Bank of China, Repurchase Agreement dated 03/31/22, 0.28%, due 04/01/22 (Repurchase Amount $4,720,974, collateralized by various U.S. Government Securities, 0.000%-2.250%, Market Value plus accrued interest $4,815,357, due 03/23/23-02/28/27) | 4,720,938 | 0.1 | |
6,401,557 | (10) | Mirae Asset Securities USA Inc., Repurchase Agreement dated 03/31/22, 0.33%, due 04/01/22 (Repurchase Amount $6,401,615, collateralized by various U.S. Government Agency Obligations, 0.550%-8.250%, Market Value plus accrued interest $6,529,648, due 05/01/22-02/20/72) | 6,401,557 | 0.1 | |
13,550,327 | (10) | State of Wisconsin Investment Board, Repurchase Agreement dated 03/31/22, 0.33%, due 04/01/22 (Repurchase Amount $13,550,450, collateralized by various U.S. Government Securities, 0.125%-3.875%, Market Value plus accrued interest $13,821,342, due 01/15/25-02/15/51) | 13,550,327 | 0.2 | |
3,460,123 | (10) | Stonex Financial Inc., Repurchase Agreement dated 03/31/22, 0.35%, due 04/01/22 (Repurchase Amount $3,460,156, collateralized by various U.S. Government/U.S. Government Agency Obligations, 0.000%-9.500%, Market Value plus accrued interest $3,633,130, due 04/15/22-02/20/72) | 3,460,123 | 0.0 | |
Total Repurchase Agreements | |||||
(Cost $92,695,676) | $ | 92,695,676 | 1.1 | ||
Certificates of Deposit: 0.1% | |||||
650,000 | (10) | Bayeriche Landesbank of New York, 0.210%, 04/05/2022 | 649,988 | 0.0 | |
425,000 | (10) | Commonwealth Bank of Australia, 0.130%, 04/08/2022 | 424,983 | 0.0 | |
750,000 | (10) | Credit Industriel et Commercial, 0.320%, 06/07/2022 | 749,506 | 0.0 | |
325,000 | (10) | Norinchukin Bank of New York, 0.220%, 04/12/2022 | 324,987 | 0.0 | |
2,410,000 | (10) | Sumitomo Mitsui Trust Bank Ltd., 0.300%, 04/01/2022 | 2,410,000 | 0.1 | |
325,000 | (10) | Toronto-Dominion Bank, 0.280%, 05/10/2022 | 324,926 | 0.0 | |
Total Certificates of Deposit | |||||
(Cost $4,884,390) | 4,884,390 | 0.1 | |||
Time Deposits: 0.4% | |||||
1,820,000 | (10) | ANZ Bank, 0.310%, 04/01/2022 | 1,820,000 | 0.0 | |
4,530,000 | (10) | Barclays Bank PLC, 0.340%, 04/01/2022 | 4,530,000 | 0.1 | |
4,270,000 | (10) | BNP Paribas, 0.310%, 04/01/2022 | 4,270,000 | 0.1 | |
1,090,000 | (10) | CIBC, 0.300%, 04/01/2022 | 1,090,000 | 0.0 | |
3,160,000 | (10) | Cooperatieve Rabobank U.A./New York, 0.300%, 04/01/2022 | 3,160,000 | 0.0 | |
1,550,000 | (10) | Landesbank Baden-Wurttemberg, 0.330%, 04/01/2022 | 1,550,000 | 0.0 | |
4,510,000 | (10) | Mizuho Bank Ltd., 0.320%, 04/01/2022 | 4,510,000 | 0.1 | |
4,140,000 | (10) | Royal Bank of Canada, 0.300%, 04/01/2022 | 4,140,000 | 0.1 | |
2,510,000 | (10) | Skandinaviska Enskilda Banken AB, 0.300%, 04/01/2022 | 2,510,000 | 0.0 | |
3,750,000 | (10) | Svenska Handelsbanken AB, 0.270%, 04/01/2022 | 3,750,000 | 0.0 | |
Total Time Deposits | |||||
(Cost $31,330,000) | 31,330,000 | 0.4 | |||
Shares | Value | Percentage of Net Assets | |||
Mutual Funds: 5.1% | |||||
3,814,000 | (10),(11) | BlackRock Liquidity Funds, FedFund, Institutional Class, 0.230% | 3,814,000 | 0.1 | |
3,814,000 | (10),(11) | Goldman Sachs Financial Square Government Fund - Institutional Shares, 0.250% | 3,814,000 | 0.0 | |
2,715,000 | (10),(11) | Morgan Stanley Institutional Liquidity Funds - Government Portfolio (Institutional Share Class), 0.230% | 2,715,000 | 0.0 |
VY® T. Rowe Price Capital Appreciation Portfolio | PORTFOLIO OF INVESTMENTS |
as of March 31, 2022 (Unaudited) (Continued) |
Shares | Value | Percentage of Net Assets | ||||
425,083,585 | (11) | T. Rowe Price Government Reserve Fund, 0.290% | $ | 425,083,585 | 5.0 | |
Total Mutual Funds | ||||||
(Cost $435,426,585) | 435,426,585 | 5.1 | ||||
Total Short-Term Investments | ||||||
(Cost $584,038,066) | 584,038,066 | 6.9 | ||||
Total Investments in Securities (Cost $7,756,947,698) | $ | 8,617,222,366 | 102.0 | |||
Liabilities in Excess of Other Assets | (166,402,793) | (2.0) | ||||
Net Assets | $ | 8,450,819,573 | 100.0 |
† | Unless otherwise indicated, principal amount is shown in USD. |
(1) | All or a portion of this security is pledged to cover open written call options at March 31, 2022. |
(2) | Non-income producing security. |
(3) | Security, or a portion of the security, is on loan. |
(4) | Restricted security as to resale, excluding Rule 144A securities. As of March 31, 2022, the Portfolio held restricted securities with a fair value of $44,688,275 or 0.5% of net assets. Please refer to the table below for additional details. |
(5) | For fair value measurement disclosure purposes, security is categorized as Level 3, whose value was determined using significant unobservable inputs. |
(6) | Preferred Stock may be called prior to convertible date. |
(7) | Variable rate security. Rate shown is the rate in effect as of March 31, 2022. |
(8) | Securities with purchases pursuant to Rule 144A or section 4(a)(2), under the Securities Act of 1933 and may not be resold subject to that rule except to qualified institutional buyers. |
(9) | Represents a zero coupon bond. Rate shown reflects the effective yield as of March 31, 2022. |
(10) | All or a portion of the security represents securities purchased with cash collateral received for securities on loan. |
(11) | Rate shown is the 7-day yield as of March 31, 2022. |
Currency Abbreviations: | |
EUR | EU Euro |
Reference Rate Abbreviations: | |
SOFRRATE | 1-day Secured Overnight Financing Rate |
US0001M | 1-month LIBOR |
US0003M | 3-month LIBOR |
PORTFOLIO OF INVESTMENTS | |
VY® T. Rowe Price Capital Appreciation Portfolio | as of March 31, 2022 (Unaudited) (Continued) |
Fair Value Measurements |
The following is a summary of the fair valuations according to the inputs used as of March 31, 2022 in valuing the assets and liabilities: |
Quoted Prices in Active Markets for Identical Investments (Level 1) | Significant Other Observable Inputs# (Level 2) | Significant Unobservable Inputs (Level 3) | Fair Value at March 31, 2022 | |||||||||||||
Asset Table | ||||||||||||||||
Investments, at fair value | ||||||||||||||||
Common Stock | ||||||||||||||||
Communication Services | $ | 373,405,335 | $ | – | $ | – | $ | 373,405,335 | ||||||||
Consumer Discretionary | 831,084,363 | – | – | 831,084,363 | ||||||||||||
Consumer Staples | 136,582,481 | – | – | 136,582,481 | ||||||||||||
Financials | 478,261,016 | – | – | 478,261,016 | ||||||||||||
Health Care | $ | 1,330,240,666 | $ | 77,606,158 | $ | – | $ | 1,407,846,824 | ||||||||
Industrials | 786,566,583 | 6,784,067 | – | 793,350,650 | ||||||||||||
Information Technology | 1,283,211,862 | – | – | 1,283,211,862 | ||||||||||||
Materials | 40,766,615 | – | – | 40,766,615 | ||||||||||||
Utilities | 257,301,775 | – | – | 257,301,775 | ||||||||||||
Total Common Stock | 5,517,420,696 | 84,390,225 | – | 5,601,810,921 | ||||||||||||
Preferred Stock | 49,745,759 | – | 37,904,208 | 87,649,967 | ||||||||||||
Corporate Bonds/Notes | – | 634,655,750 | – | 634,655,750 | ||||||||||||
Bank Loans | – | 1,136,585,429 | – | 1,136,585,429 | ||||||||||||
Asset-Backed Securities | – | 18,716,508 | – | 18,716,508 | ||||||||||||
Convertible Bonds/Notes | – | 15,814,414 | – | 15,814,414 | ||||||||||||
U.S. Treasury Obligations | – | 537,951,311 | – | 537,951,311 | ||||||||||||
Short-Term Investments | 435,426,585 | 148,611,481 | – | 584,038,066 | ||||||||||||
Total Investments, at fair value | $ | 6,002,593,040 | $ | 2,576,725,118 | $ | 37,904,208 | $ | 8,617,222,366 | ||||||||
Liabilities Table | ||||||||||||||||
Other Financial Instruments+ | ||||||||||||||||
Written Options | $ | – | $ | (50,223,031 | ) | $ | – | $ | (50,223,031 | ) | ||||||
Total Liabilities | $ | – | $ | (50,223,031 | ) | $ | – | $ | (50,223,031 | ) |
+ | Other Financial Instruments may include open forward foreign currency contracts, futures, centrally cleared swaps, OTC swaps and written options. Forward foreign currency contracts, futures and centrally cleared swaps are fair valued at the unrealized appreciation (depreciation) on the instrument. OTC swaps and written options are valued at the fair value of the instrument. |
# | The earlier close of the foreign markets gives rise to the possibility that significant events, including broad market moves, may have occurred in the interim and may materially affect the value of those securities. To account for this, the Portfolio may frequently value many of its foreign equity securities using fair value prices based on third party vendor modeling tools to the extent available. Accordingly, a portion of the Portfolio's investments are categorized as Level 2 investments. |
At March 31, 2022, VY® T. Rowe Price Capital Appreciation Portfolio held the following restricted securities: | ||||||||||
Security | Acquisition Date | Acquisition Cost | Fair Value | |||||||
Aurora Innovation, Inc. Lockup Shares | 3/1/2019 | $ | 5,325,552 | $ | 6,784,067 | |||||
Waymo LLC., Series A-2 | 5/8/2020 | 35,484,706 | 37,904,208 | |||||||
$ | 40,810,258 | $ | 44,688,275 | |||||||
At March 31, 2022, the following OTC written equity options were outstanding for VY® T. Rowe Price Capital Appreciation Portfolio:
Description | Counterparty | Put/Call | Expiration Date | Exercise Price | Number of Contracts | Notional Amount | Premiums Received | Fair Value | ||||||||||||||||
Abbott Laboratories | Goldman Sachs & Co. | Call | 01/20/23 | USD | 135.000 | 229 | USD | 2,699,683 | $ | 189,088 | $ | (101,562 | ) | |||||||||||
Abbott Laboratories | Goldman Sachs & Co. | Call | 01/20/23 | USD | 135.000 | 104 | USD | 1,226,057 | 98,798 | (46,124 | ) | |||||||||||||
Abbott Laboratories | Goldman Sachs & Co. | Call | 01/20/23 | USD | 145.000 | 229 | USD | 2,699,683 | 120,147 | (53,326 | ) | |||||||||||||
Abbott Laboratories | Goldman Sachs & Co. | Call | 01/20/23 | USD | 145.000 | 104 | USD | 1,226,057 | 68,851 | (24,218 | ) | |||||||||||||
Abbott Laboratories | Goldman Sachs & Co. | Call | 01/20/23 | USD | 150.000 | 104 | USD | 1,226,057 | 55,698 | (17,385 | ) | |||||||||||||
Abbott Laboratories | Goldman Sachs & Co. | Call | 01/20/23 | USD | 150.000 | 229 | USD | 2,699,683 | 91,415 | (38,280 | ) |
PORTFOLIO OF INVESTMENTS | |
VY® T. Rowe Price Capital Appreciation Portfolio | as of March 31, 2022 (Unaudited) (Continued) |
Description | Counterparty | Expiration Date | Exercise Price | Number of Contracts | Notional Amount | Premiums Received | Fair Value | |||||||||||||||||
Alphabet, Inc. - Class A | Goldman Sachs & Co. | Call | 09/16/22 | USD | 1,960.000 | 11 | USD | 3,059,485 | $ | 264,995 | $ | (947,453 | ) | |||||||||||
Alphabet, Inc. - Class A | Goldman Sachs & Co. | Call | 09/16/22 | USD | 1,960.000 | 11 | USD | 3,059,485 | 202,857 | (947,453 | ) | |||||||||||||
Alphabet, Inc. - Class A | Goldman Sachs & Co. | Call | 09/16/22 | USD | 1,980.000 | 11 | USD | 3,059,485 | 195,805 | (927,194 | ) | |||||||||||||
Alphabet, Inc. - Class A | Goldman Sachs & Co. | Call | 09/16/22 | USD | 1,980.000 | 11 | USD | 3,059,485 | 255,626 | (927,194 | ) | |||||||||||||
Alphabet, Inc. - Class A | Goldman Sachs & Co. | Call | 09/16/22 | USD | 2,000.000 | 11 | USD | 3,059,485 | 243,231 | (906,934 | ) | |||||||||||||
Alphabet, Inc. - Class A | Goldman Sachs & Co. | Call | 09/16/22 | USD | 2,000.000 | 11 | USD | 3,059,485 | 188,429 | (906,934 | ) | |||||||||||||
Alphabet, Inc. - Class A | Goldman Sachs & Co. | Call | 09/16/22 | USD | 2,100.000 | 11 | USD | 3,059,485 | 154,800 | (807,293 | ) | |||||||||||||
Alphabet, Inc. - Class A | Goldman Sachs & Co. | Call | 09/16/22 | USD | 2,100.000 | 11 | USD | 3,059,485 | 205,990 | (807,293 | ) | |||||||||||||
Alphabet, Inc. - Class A | Susquehanna International Group LLP | Call | 09/16/22 | USD | 2,450.000 | 5 | USD | 1,390,675 | 133,735 | (221,955 | ) | |||||||||||||
Alphabet, Inc. - Class A | Susquehanna International Group LLP | Call | 09/16/22 | USD | 2,500.000 | 5 | USD | 1,390,675 | 123,235 | (203,401 | ) | |||||||||||||
Alphabet, Inc. - Class A | Susquehanna International Group LLP | Call | 09/16/22 | USD | 2,550.000 | 5 | USD | 1,390,675 | 113,610 | (185,812 | ) | |||||||||||||
Alphabet, Inc. - Class A | Susquehanna International Group LLP | Call | 09/16/22 | USD | 2,600.000 | 5 | USD | 1,390,675 | 104,610 | (168,958 | ) | |||||||||||||
Alphabet, Inc. - Class A | Goldman Sachs & Co. | Call | 01/20/23 | USD | 3,200.000 | 20 | USD | 5,562,700 | 361,940 | (287,693 | ) | |||||||||||||
Alphabet, Inc. - Class A | Goldman Sachs & Co. | Call | 01/20/23 | USD | 3,300.000 | 20 | USD | 5,562,700 | 309,940 | (235,070 | ) | |||||||||||||
Alphabet, Inc. - Class A | Goldman Sachs & Co. | Call | 01/20/23 | USD | 3,400.000 | 20 | USD | 5,562,700 | 260,940 | (191,259 | ) | |||||||||||||
Alphabet, Inc. - Class A | Goldman Sachs & Co. | Call | 01/20/23 | USD | 3,500.000 | 20 | USD | 5,562,700 | 221,940 | (155,175 | ) | |||||||||||||
Alphabet, Inc. - Class C | Goldman Sachs & Co. | Call | 06/17/22 | USD | 1,980.000 | 11 | USD | 3,072,289 | 233,307 | (917,028 | ) | |||||||||||||
Alphabet, Inc. - Class C | Goldman Sachs & Co. | Call | 06/17/22 | USD | 1,980.000 | 11 | USD | 3,072,289 | 177,977 | (917,028 | ) | |||||||||||||
Alphabet, Inc. - Class C | Goldman Sachs & Co. | Call | 06/17/22 | USD | 2,000.000 | 11 | USD | 3,072,289 | 223,887 | (895,597 | ) | |||||||||||||
Alphabet, Inc. - Class C | Goldman Sachs & Co. | Call | 06/17/22 | USD | 2,000.000 | 11 | USD | 3,072,289 | 169,481 | (895,597 | ) | |||||||||||||
Alphabet, Inc. - Class C | Goldman Sachs & Co. | Call | 06/17/22 | USD | 2,100.000 | 11 | USD | 3,072,289 | 137,570 | (789,395 | ) | |||||||||||||
Alphabet, Inc. - Class C | Goldman Sachs & Co. | Call | 06/17/22 | USD | 2,100.000 | 11 | USD | 3,072,289 | 182,976 | (789,395 | ) | |||||||||||||
Alphabet, Inc. - Class C | Susquehanna International Group LLP | Call | 06/17/22 | USD | 2,550.000 | 7 | USD | 1,955,093 | 154,672 | (223,340 | ) | |||||||||||||
Alphabet, Inc. - Class C | Susquehanna International Group LLP | Call | 06/17/22 | USD | 2,600.000 | 8 | USD | 2,234,392 | 161,544 | (225,252 | ) | |||||||||||||
Alphabet, Inc. - Class C | Susquehanna International Group LLP | Call | 06/17/22 | USD | 2,650.000 | 8 | USD | 2,234,392 | 147,120 | (196,969 | ) | |||||||||||||
Amazon.com, Inc. | Citigroup Global Markets | Call | 01/20/23 | USD | 4,500.000 | 11 | USD | 3,585,945 | 314,360 | (69,207 | ) | |||||||||||||
Amazon.com, Inc. | Citigroup Global Markets | Call | 01/20/23 | USD | 4,600.000 | 11 | USD | 3,585,945 | 287,609 | (59,340 | ) | |||||||||||||
Amazon.com, Inc. | Citigroup Global Markets | Call | 01/20/23 | USD | 4,700.000 | 11 | USD | 3,585,945 | 263,240 | (50,566 | ) | |||||||||||||
Amazon.com, Inc. | Citigroup Global Markets | Call | 01/20/23 | USD | 4,800.000 | 11 | USD | 3,585,945 | 240,834 | (43,709 | ) | |||||||||||||
Amazon.com, Inc. | Citigroup Global Markets | Call | 01/20/23 | USD | 4,900.000 | 11 | USD | 3,585,945 | 220,353 | (37,532 | ) |
PORTFOLIO OF INVESTMENTS | |
VY® T. Rowe Price Capital Appreciation Portfolio | as of March 31, 2022 (Unaudited) (Continued) |
Description | Counterparty | Expiration Date | Exercise Price | Number of Contracts | Notional Amount | Premiums Received | Fair Value | |||||||||||||||||
Amazon.com, Inc. | Citigroup Global Markets | Call | 01/20/23 | USD | 5,000.000 | 11 | USD | 3,585,945 | $ | 201,633 | $ | (32,399 | ) | |||||||||||
Amazon.com, Inc. | Citigroup Global Markets | Call | 01/20/23 | USD | 5,100.000 | 11 | USD | 3,585,945 | 184,617 | (28,044 | ) | |||||||||||||
Amazon.com, Inc. | Goldman Sachs & Co. | Call | 01/20/23 | USD | 3,600.000 | 15 | USD | 4,889,925 | 351,211 | (377,267 | ) | |||||||||||||
Amazon.com, Inc. | Goldman Sachs & Co. | Call | 01/20/23 | USD | 3,700.000 | 15 | USD | 4,889,925 | 303,894 | (326,268 | ) | |||||||||||||
Amazon.com, Inc. | Goldman Sachs & Co. | Call | 01/20/23 | USD | 3,800.000 | 15 | USD | 4,889,925 | 260,805 | (281,121 | ) | |||||||||||||
Amazon.com, Inc. | Goldman Sachs & Co. | Call | 01/20/23 | USD | 4,000.000 | 9 | USD | 2,933,955 | 306,198 | (123,871 | ) | |||||||||||||
Amazon.com, Inc. | Goldman Sachs & Co. | Call | 01/20/23 | USD | 4,100.000 | 10 | USD | 3,259,950 | 305,438 | (117,579 | ) | |||||||||||||
Amazon.com, Inc. | Goldman Sachs & Co. | Call | 01/20/23 | USD | 4,200.000 | 9 | USD | 2,933,955 | 247,703 | (90,726 | ) | |||||||||||||
Amazon.com, Inc. | Goldman Sachs & Co. | Call | 01/20/23 | USD | 4,300.000 | 9 | USD | 2,933,955 | 223,212 | (77,552 | ) | |||||||||||||
Amazon.com, Inc. | Goldman Sachs & Co. | Call | 01/20/23 | USD | 4,400.000 | 9 | USD | 2,933,955 | 200,072 | (66,029 | ) | |||||||||||||
Amazon.com, Inc. | Goldman Sachs & Co. | Call | 01/20/23 | USD | 4,500.000 | 10 | USD | 3,259,950 | 199,590 | (62,915 | ) | |||||||||||||
Amazon.com, Inc. | Wells Fargo Securities, LLC | Call | 01/20/23 | USD | 3,800.000 | 26 | USD | 8,475,870 | 552,630 | (487,276 | ) | |||||||||||||
Amazon.com, Inc. | Wells Fargo Securities, LLC | Call | 01/20/23 | USD | 3,900.000 | 25 | USD | 8,149,875 | 450,225 | (402,251 | ) | |||||||||||||
Amazon.com, Inc. | Wells Fargo Securities, LLC | Call | 01/20/23 | USD | 4,000.000 | 25 | USD | 8,149,875 | 389,075 | (344,087 | ) | |||||||||||||
Amazon.com, Inc. | Wells Fargo Securities, LLC | Call | 01/20/23 | USD | 4,100.000 | 26 | USD | 8,475,870 | 342,966 | (305,705 | ) | |||||||||||||
Amazon.com, Inc. | Wells Fargo Securities, LLC | Call | 01/20/23 | USD | 4,200.000 | 26 | USD | 8,475,870 | 289,770 | (262,097 | ) | |||||||||||||
Ameren Corporation | Credit Suisse Securities (USA) LLC | Call | 06/17/22 | USD | 100.000 | 481 | USD | 4,509,856 | 18,278 | (41,068 | ) | |||||||||||||
Ameren Corporation | Credit Suisse Securities (USA) LLC | Call | 06/17/22 | USD | 90.000 | 486 | USD | 4,556,736 | 142,204 | (274,573 | ) | |||||||||||||
Ameren Corporation | Credit Suisse Securities (USA) LLC | Call | 06/17/22 | USD | 95.000 | 481 | USD | 4,509,856 | 52,718 | (121,359 | ) | |||||||||||||
American Electric Power | JPMorgan Chase Bank N.A. | Call | 01/20/23 | USD | 100.000 | 203 | USD | 2,025,331 | 49,489 | (134,881 | ) | |||||||||||||
American Electric Power | JPMorgan Chase Bank N.A. | Call | 01/20/23 | USD | 90.000 | 203 | USD | 2,025,331 | 125,903 | (262,279 | ) | |||||||||||||
American Electric Power | JPMorgan Chase Bank N.A. | Call | 01/20/23 | USD | 95.000 | 203 | USD | 2,025,331 | 81,092 | (193,121 | ) | |||||||||||||
Baxter International Inc. | Citigroup Global Markets | Call | 01/20/23 | USD | 87.500 | 334 | USD | 2,589,836 | 212,758 | (97,235 | ) | |||||||||||||
Baxter International Inc. | Citigroup Global Markets | Call | 01/20/23 | USD | 92.500 | 334 | USD | 2,589,836 | 119,238 | (62,142 | ) | |||||||||||||
Baxter International Inc. | Citigroup Global Markets | Call | 01/20/23 | USD | 97.500 | 334 | USD | 2,589,836 | 50,768 | (39,988 | ) | |||||||||||||
Becton Dickinson & Co. | Goldman Sachs & Co. | Call | 01/20/23 | USD | 260.000 | 152 | USD | 4,043,200 | 373,741 | (390,745 | ) | |||||||||||||
Becton Dickinson & Co. | Goldman Sachs & Co. | Call | 01/20/23 | USD | 280.000 | 156 | USD | 4,149,600 | 249,842 | (248,286 | ) | |||||||||||||
Becton Dickinson & Co. | Goldman Sachs & Co. | Call | 01/20/23 | USD | 290.000 | 156 | USD | 4,149,600 | 205,524 | (190,629 | ) | |||||||||||||
CME Group Inc. | JPMorgan Chase Bank N.A. | Call | 01/20/23 | USD | 230.000 | 77 | USD | 1,831,522 | 142,219 | (218,937 | ) | |||||||||||||
CME Group Inc. | JPMorgan Chase Bank N.A. | Call | 01/20/23 | USD | 240.000 | 77 | USD | 1,831,522 | 109,879 | (174,759 | ) | |||||||||||||
CME Group Inc. | JPMorgan Chase Bank N.A. | Call | 01/20/23 | USD | 250.000 | 77 | USD | 1,831,522 | 85,239 | (136,672 | ) | |||||||||||||
Dollar General Corporation | Citigroup Global Markets | Call | 01/20/23 | USD | 220.000 | 198 | USD | 4,397,362 | 376,992 | (444,324 | ) |
PORTFOLIO OF INVESTMENTS | |
VY® T. Rowe Price Capital Appreciation Portfolio | as of March 31, 2022 (Unaudited) (Continued) |
Description | Counterparty | Expiration Date | Exercise Price | Number of Contracts | Notional Amount | Premiums Received | Fair Value | |||||||||||||||||
Dollar General Corporation | Citigroup Global Markets | Call | 01/20/23 | USD | 230.000 | 198 | USD | 4,397,362 | $ | 297,317 | $ | (343,494 | ) | |||||||||||
Dollar General Corporation | Citigroup Global Markets | Call | 01/20/23 | USD | 240.000 | 198 | USD | 4,397,362 | 231,898 | (260,078 | ) | |||||||||||||
Exelon Corporation | JPMorgan Chase Bank N.A. | Call | 01/20/23 | USD | 55.000 | 370 | USD | 2,456,060 | 203,112 | (446,220 | ) | |||||||||||||
Exelon Corporation | JPMorgan Chase Bank N.A. | Call | 01/20/23 | USD | 55.000 | 350 | USD | 2,323,300 | 209,846 | (422,100 | ) | |||||||||||||
Exelon Corporation | JPMorgan Chase Bank N.A. | Call | 01/20/23 | USD | 55.000 | 774 | USD | 5,137,812 | 397,186 | (933,444 | ) | |||||||||||||
Exelon Corporation | JPMorgan Chase Bank N.A. | Call | 01/20/23 | USD | 55.000 | 21 | USD | 139,398 | 11,298 | (25,326 | ) | |||||||||||||
Exelon Corporation | JPMorgan Chase Bank N.A. | Call | 01/20/23 | USD | 60.000 | 774 | USD | 5,137,812 | 225,544 | (654,030 | ) | |||||||||||||
Exelon Corporation | JPMorgan Chase Bank N.A. | Call | 01/20/23 | USD | 60.000 | 370 | USD | 2,456,060 | 118,718 | (312,650 | ) | |||||||||||||
Exelon Corporation | JPMorgan Chase Bank N.A. | Call | 01/20/23 | USD | 60.000 | 21 | USD | 139,398 | 6,567 | (17,745 | ) | |||||||||||||
Exelon Corporation | JPMorgan Chase Bank N.A. | Call | 01/20/23 | USD | 60.000 | 350 | USD | 2,323,300 | 122,125 | (295,750 | ) | |||||||||||||
Exelon Corporation | JPMorgan Chase Bank N.A. | Call | 01/20/23 | USD | 65.000 | 370 | USD | 2,456,060 | 64,003 | (207,570 | ) | |||||||||||||
Exelon Corporation | JPMorgan Chase Bank N.A. | Call | 01/20/23 | USD | 65.000 | 350 | USD | 2,323,300 | 64,155 | (196,700 | ) | |||||||||||||
Exelon Corporation | JPMorgan Chase Bank N.A. | Call | 01/20/23 | USD | 65.000 | 774 | USD | 5,137,812 | 123,732 | (434,988 | ) | |||||||||||||
Exelon Corporation | JPMorgan Chase Bank N.A. | Call | 01/20/23 | USD | 65.000 | 21 | USD | 139,398 | 3,517 | (11,781 | ) | |||||||||||||
General Electric Company | Wells Fargo Securities, LLC | Call | 01/20/23 | USD | 110.000 | 819 | USD | 7,493,850 | 672,456 | (355,675 | ) | |||||||||||||
General Electric Company | Wells Fargo Securities, LLC | Call | 01/20/23 | USD | 110.000 | 50 | USD | 457,500 | 43,587 | (21,714 | ) | |||||||||||||
General Electric Company | Wells Fargo Securities, LLC | Call | 01/20/23 | USD | 110.000 | 693 | USD | 6,340,950 | 576,929 | (300,956 | ) | |||||||||||||
General Electric Company | Wells Fargo Securities, LLC | Call | 01/20/23 | USD | 115.000 | 50 | USD | 457,500 | 36,057 | (16,382 | ) | |||||||||||||
General Electric Company | Wells Fargo Securities, LLC | Call | 01/20/23 | USD | 115.000 | 693 | USD | 6,340,950 | 471,725 | (227,057 | ) | |||||||||||||
General Electric Company | Wells Fargo Securities, LLC | Call | 01/20/23 | USD | 115.000 | 819 | USD | 7,493,850 | 549,352 | (268,340 | ) | |||||||||||||
Intercontinental Exchange, Inc. | JPMorgan Chase Bank N.A. | Call | 01/20/23 | USD | 130.000 | 52 | USD | 687,024 | 53,664 | (65,959 | ) | |||||||||||||
Intercontinental Exchange, Inc. | JPMorgan Chase Bank N.A. | Call | 01/20/23 | USD | 130.000 | 83 | USD | 1,096,596 | 86,071 | (105,281 | ) | |||||||||||||
Intercontinental Exchange, Inc. | JPMorgan Chase Bank N.A. | Call | 01/20/23 | USD | 135.000 | 83 | USD | 1,096,596 | 69,056 | (82,312 | ) | |||||||||||||
Intercontinental Exchange, Inc. | JPMorgan Chase Bank N.A. | Call | 01/20/23 | USD | 135.000 | 52 | USD | 687,024 | 42,744 | (51,569 | ) | |||||||||||||
Intercontinental Exchange, Inc. | JPMorgan Chase Bank N.A. | Call | 01/20/23 | USD | 140.000 | 52 | USD | 687,024 | 33,124 | (39,535 | ) | |||||||||||||
Intercontinental Exchange, Inc. | JPMorgan Chase Bank N.A. | Call | 01/20/23 | USD | 140.000 | 83 | USD | 1,096,596 | 53,701 | (63,104 | ) | |||||||||||||
McDonald's Corporation | Goldman Sachs & Co. | Call | 01/20/23 | USD | 260.000 | 139 | USD | 3,437,192 | 180,079 | (168,680 | ) | |||||||||||||
McDonald's Corporation | Goldman Sachs & Co. | Call | 01/20/23 | USD | 260.000 | 115 | USD | 2,843,720 | 202,839 | (139,555 | ) | |||||||||||||
McDonald's Corporation | Goldman Sachs & Co. | Call | 01/20/23 | USD | 260.000 | 107 | USD | 2,645,896 | 147,339 | (129,847 | ) | |||||||||||||
McDonald's Corporation | Goldman Sachs & Co. | Call | 01/20/23 | USD | 260.000 | 52 | USD | 1,285,856 | 93,565 | (63,103 | ) | |||||||||||||
McDonald's Corporation | Goldman Sachs & Co. | Call | 01/20/23 | USD | 270.000 | 107 | USD | 2,645,896 | 108,819 | (91,224 | ) | |||||||||||||
McDonald's Corporation | Goldman Sachs & Co. | Call | 01/20/23 | USD | 270.000 | 139 | USD | 3,437,192 | 137,465 | (118,506 | ) | |||||||||||||
McDonald's Corporation | Goldman Sachs & Co. | Call | 01/20/23 | USD | 270.000 | 115 | USD | 2,843,720 | 155,724 | (98,044 | ) | |||||||||||||
McDonald's Corporation | Goldman Sachs & Co. | Call | 01/20/23 | USD | 270.000 | 52 | USD | 1,285,856 | 71,989 | (44,333 | ) |
PORTFOLIO OF INVESTMENTS | |
VY® T. Rowe Price Capital Appreciation Portfolio | as of March 31, 2022 (Unaudited) (Continued) |
Description | Counterparty | Expiration Date | Exercise Price | Number of Contracts | Notional Amount | Premiums Received | Fair Value | |||||||||||||||||
McDonald's Corporation | Goldman Sachs & Co. | Call | 01/20/23 | USD | 280.000 | 52 | USD | 1,285,856 | $ | 54,804 | $ | (30,711 | ) | |||||||||||
McDonald's Corporation | Goldman Sachs & Co. | Call | 01/20/23 | USD | 280.000 | 115 | USD | 2,843,720 | 117,443 | (67,919 | ) | |||||||||||||
Medtronic PLC | Credit Suisse Securities (USA) LLC | Call | 01/20/23 | USD | 105.000 | 157 | USD | 1,741,915 | 184,004 | (197,337 | ) | |||||||||||||
Medtronic PLC | Credit Suisse Securities (USA) LLC | Call | 01/20/23 | USD | 105.000 | 177 | USD | 1,963,815 | 198,063 | (222,476 | ) | |||||||||||||
Medtronic PLC | Credit Suisse Securities (USA) LLC | Call | 01/20/23 | USD | 105.000 | 209 | USD | 2,318,855 | 252,263 | (262,698 | ) | |||||||||||||
Medtronic PLC | Credit Suisse Securities (USA) LLC | Call | 01/20/23 | USD | 110.000 | 177 | USD | 1,963,815 | 156,468 | (170,592 | ) | |||||||||||||
Medtronic PLC | Credit Suisse Securities (USA) LLC | Call | 01/20/23 | USD | 110.000 | 209 | USD | 2,318,855 | 201,058 | (201,433 | ) | |||||||||||||
Medtronic PLC | Credit Suisse Securities (USA) LLC | Call | 01/20/23 | USD | 110.000 | 157 | USD | 1,741,915 | 146,324 | (151,316 | ) | |||||||||||||
Medtronic PLC | Credit Suisse Securities (USA) LLC | Call | 01/20/23 | USD | 115.000 | 209 | USD | 2,318,855 | 158,213 | (150,440 | ) | |||||||||||||
Medtronic PLC | Credit Suisse Securities (USA) LLC | Call | 01/20/23 | USD | 115.000 | 177 | USD | 1,963,815 | 121,953 | (127,406 | ) | |||||||||||||
Medtronic PLC | Credit Suisse Securities (USA) LLC | Call | 01/20/23 | USD | 115.000 | 157 | USD | 1,741,915 | 114,924 | (113,010 | ) | |||||||||||||
Medtronic PLC | JPMorgan Chase Bank N.A. | Call | 01/20/23 | USD | 105.000 | 224 | USD | 2,485,280 | 219,708 | (281,551 | ) | |||||||||||||
Medtronic PLC | JPMorgan Chase Bank N.A. | Call | 01/20/23 | USD | 110.000 | 224 | USD | 2,485,280 | 169,709 | (215,890 | ) | |||||||||||||
Medtronic PLC | JPMorgan Chase Bank N.A. | Call | 01/20/23 | USD | 115.000 | 224 | USD | 2,485,280 | 126,430 | (161,237 | ) | |||||||||||||
Meta Platforms Inc. | JPMorgan Chase Bank N.A. | Call | 09/16/22 | USD | 345.000 | 108 | USD | 2,401,488 | 420,530 | (12,975 | ) | |||||||||||||
Meta Platforms Inc. | JPMorgan Chase Bank N.A. | Call | 09/16/22 | USD | 360.000 | 108 | USD | 2,401,488 | 361,867 | (9,685 | ) | |||||||||||||
Microsoft Corp. | Citigroup Global Markets | Call | 01/20/23 | USD | 330.000 | 126 | USD | 3,884,706 | 186,181 | (288,624 | ) | |||||||||||||
Microsoft Corp. | Citigroup Global Markets | Call | 01/20/23 | USD | 330.000 | 108 | USD | 3,329,748 | 191,984 | (247,392 | ) | |||||||||||||
Microsoft Corp. | Citigroup Global Markets | Call | 01/20/23 | USD | 330.000 | 126 | USD | 3,884,706 | 185,100 | (288,625 | ) | |||||||||||||
Microsoft Corp. | Citigroup Global Markets | Call | 01/20/23 | USD | 340.000 | 119 | USD | 3,668,889 | 241,622 | (225,903 | ) | |||||||||||||
Microsoft Corp. | Citigroup Global Markets | Call | 01/20/23 | USD | 340.000 | 267 | USD | 8,231,877 | 540,843 | (506,857 | ) | |||||||||||||
Microsoft Corp. | Citigroup Global Markets | Call | 01/20/23 | USD | 340.000 | 108 | USD | 3,329,748 | 162,832 | (205,021 | ) | |||||||||||||
Microsoft Corp. | Citigroup Global Markets | Call | 01/20/23 | USD | 340.000 | 126 | USD | 3,884,706 | 156,440 | (239,191 | ) | |||||||||||||
Microsoft Corp. | Citigroup Global Markets | Call | 01/20/23 | USD | 340.000 | 126 | USD | 3,884,706 | 157,080 | (239,191 | ) | |||||||||||||
Microsoft Corp. | Citigroup Global Markets | Call | 01/20/23 | USD | 350.000 | 119 | USD | 3,668,889 | 207,035 | (185,671 | ) | |||||||||||||
Microsoft Corp. | Citigroup Global Markets | Call | 01/20/23 | USD | 350.000 | 126 | USD | 3,884,706 | 131,560 | (196,593 | ) | |||||||||||||
Microsoft Corp. | Citigroup Global Markets | Call | 01/20/23 | USD | 350.000 | 126 | USD | 3,884,706 | 132,978 | (196,593 | ) | |||||||||||||
Microsoft Corp. | Citigroup Global Markets | Call | 01/20/23 | USD | 350.000 | 267 | USD | 8,231,877 | 460,113 | (416,589 | ) | |||||||||||||
Microsoft Corp. | Citigroup Global Markets | Call | 01/20/23 | USD | 350.000 | 108 | USD | 3,329,748 | 137,458 | (168,508 | ) |
PORTFOLIO OF INVESTMENTS | |
VY® T. Rowe Price Capital Appreciation Portfolio | as of March 31, 2022 (Unaudited) (Continued) |
Description | Counterparty | Expiration Date | Exercise Price | Number of Contracts | Notional Amount | Premiums Received | Fair Value | |||||||||||||||||
Microsoft Corp. | Citigroup Global Markets | Call | 01/20/23 | USD | 360.000 | 267 | USD | 8,231,877 | $ | 389,903 | $ | (340,008 | ) | |||||||||||
Microsoft Corp. | Citigroup Global Markets | Call | 01/20/23 | USD | 360.000 | 119 | USD | 3,668,889 | 176,257 | (151,539 | ) | |||||||||||||
Microsoft Corp. | Citigroup Global Markets | Call | 01/20/23 | USD | 365.000 | 264 | USD | 8,139,384 | 351,270 | (302,103 | ) | |||||||||||||
Microsoft Corp. | JPMorgan Chase Bank N.A. | Call | 01/20/23 | USD | 350.000 | 387 | USD | 11,931,597 | 590,949 | (603,821 | ) | |||||||||||||
Microsoft Corp. | JPMorgan Chase Bank N.A. | Call | 01/20/23 | USD | 355.000 | 388 | USD | 11,962,428 | 538,156 | (545,976 | ) | |||||||||||||
Microsoft Corp. | JPMorgan Chase Bank N.A. | Call | 01/20/23 | USD | 360.000 | 387 | USD | 11,931,597 | 486,459 | (492,821 | ) | |||||||||||||
Microsoft Corp. | Susquehanna International Group LLP | Call | 01/20/23 | USD | 300.000 | 555 | USD | 17,111,205 | 1,044,510 | (2,109,813 | ) | |||||||||||||
Microsoft Corp. | Susquehanna International Group LLP | Call | 01/20/23 | USD | 300.000 | 556 | USD | 17,142,036 | 1,015,812 | (2,113,615 | ) | |||||||||||||
Microsoft Corp. | Susquehanna International Group LLP | Call | 01/20/23 | USD | 320.000 | 192 | USD | 5,919,552 | 366,591 | (525,852 | ) | |||||||||||||
Microsoft Corp. | Susquehanna International Group LLP | Call | 01/20/23 | USD | 320.000 | 192 | USD | 5,919,552 | 341,299 | (525,852 | ) | |||||||||||||
Microsoft Corp. | Susquehanna International Group LLP | Call | 01/20/23 | USD | 330.000 | 192 | USD | 5,919,552 | 310,840 | (439,809 | ) | |||||||||||||
Microsoft Corp. | Susquehanna International Group LLP | Call | 01/20/23 | USD | 330.000 | 192 | USD | 5,919,552 | 290,433 | (439,809 | ) | |||||||||||||
Microsoft Corp. | Susquehanna International Group LLP | Call | 01/20/23 | USD | 340.000 | 192 | USD | 5,919,552 | 247,482 | (364,482 | ) | |||||||||||||
Microsoft Corp. | Susquehanna International Group LLP | Call | 01/20/23 | USD | 340.000 | 192 | USD | 5,919,552 | 262,769 | (364,482 | ) | |||||||||||||
Microsoft Corp. | Susquehanna International Group LLP | Call | 01/20/23 | USD | 350.000 | 192 | USD | 5,919,552 | 208,136 | (299,570 | ) | |||||||||||||
Microsoft Corp. | Susquehanna International Group LLP | Call | 01/20/23 | USD | 350.000 | 192 | USD | 5,919,552 | 222,390 | (299,570 | ) | |||||||||||||
Otis Worldwide Corp. | JPMorgan Chase Bank N.A. | Call | 01/20/23 | USD | 85.000 | 94 | USD | 723,330 | 64,108 | (35,859 | ) | |||||||||||||
Otis Worldwide Corp. | JPMorgan Chase Bank N.A. | Call | 01/20/23 | USD | 85.000 | 49 | USD | 377,055 | 13,901 | (18,693 | ) | |||||||||||||
Otis Worldwide Corp. | JPMorgan Chase Bank N.A. | Call | 01/20/23 | USD | 90.000 | 48 | USD | 369,360 | 11,025 | (7,769 | ) | |||||||||||||
Otis Worldwide Corp. | JPMorgan Chase Bank N.A. | Call | 01/20/23 | USD | 90.000 | 94 | USD | 723,330 | 45,308 | (23,392 | ) | |||||||||||||
Otis Worldwide Corp. | JPMorgan Chase Bank N.A. | Call | 01/20/23 | USD | 95.000 | 49 | USD | 377,055 | 6,804 | (12,194 | ) | |||||||||||||
Otis Worldwide Corp. | JPMorgan Chase Bank N.A. | Call | 01/20/23 | USD | 95.000 | 94 | USD | 723,330 | 20,868 | (15,214 | ) | |||||||||||||
PNC Financial Services Group, Inc. | Citigroup Global Markets | Call | 01/20/23 | USD | 220.000 | 212 | USD | 3,878,459 | 282,416 | (116,794 | ) | |||||||||||||
PNC Financial Services Group, Inc. | Citigroup Global Markets | Call | 01/20/23 | USD | 220.000 | 44 | USD | 804,963 | 56,782 | (24,240 | ) | |||||||||||||
PNC Financial Services Group, Inc. | Citigroup Global Markets | Call | 01/20/23 | USD | 220.000 | 129 | USD | 2,360,006 | 167,292 | (71,068 | ) | |||||||||||||
PNC Financial Services Group, Inc. | Citigroup Global Markets | Call | 01/20/23 | USD | 220.000 | 149 | USD | 2,725,898 | 193,697 | (82,086 | ) | |||||||||||||
PNC Financial Services Group, Inc. | Citigroup Global Markets | Call | 01/20/23 | USD | 230.000 | 129 | USD | 2,360,006 | 131,684 | (50,443 | ) | |||||||||||||
PNC Financial Services Group, Inc. | Citigroup Global Markets | Call | 01/20/23 | USD | 230.000 | 149 | USD | 2,725,898 | 153,214 | (58,264 | ) | |||||||||||||
PNC Financial Services Group, Inc. | Citigroup Global Markets | Call | 01/20/23 | USD | 230.000 | 212 | USD | 3,878,459 | 223,582 | (82,899 | ) |
PORTFOLIO OF INVESTMENTS | |
VY® T. Rowe Price Capital Appreciation Portfolio | as of March 31, 2022 (Unaudited) (Continued) |
Description | Counterparty | Expiration Date | Exercise Price | Number of Contracts | Notional Amount | Premiums Received | Fair Value | |||||||||||||||||
PNC Financial Services Group, Inc. | Citigroup Global Markets | Call | 01/20/23 | USD | 230.000 | 44 | USD | 804,963 | $ | 44,879 | $ | (17,205 | ) | |||||||||||
Public Service Enterprise Group, Inc. | Bank of America N.A. | Call | 07/15/22 | USD | 65.000 | 439 | USD | 3,073,000 | 135,313 | (265,130 | ) | |||||||||||||
Public Service Enterprise Group, Inc. | Bank of America N.A. | Call | 07/15/22 | USD | 70.000 | 439 | USD | 3,073,000 | 54,879 | (114,015 | ) | |||||||||||||
Public Service Enterprise Group, Inc. | Bank of America N.A. | Call | 07/15/22 | USD | 75.000 | 439 | USD | 3,073,000 | 14,553 | (32,167 | ) | |||||||||||||
Republic Services, Inc. | Citigroup Global Markets | Call | 07/15/22 | USD | 135.000 | 125 | USD | 1,656,250 | 46,706 | (58,868 | ) | |||||||||||||
Republic Services, Inc. | Citigroup Global Markets | Call | 07/15/22 | USD | 140.000 | 125 | USD | 1,656,250 | 33,075 | (35,828 | ) | |||||||||||||
Republic Services, Inc. | Citigroup Global Markets | Call | 07/15/22 | USD | 145.000 | 125 | USD | 1,656,250 | 17,113 | (21,880 | ) | |||||||||||||
Ross Stores, Inc. | Credit Suisse Securities (USA) LLC | Call | 01/20/23 | USD | 100.000 | 109 | USD | 986,014 | 111,091 | (71,480 | ) | |||||||||||||
Ross Stores, Inc. | Credit Suisse Securities (USA) LLC | Call | 01/20/23 | USD | 105.000 | 109 | USD | 986,014 | 92,053 | (56,679 | ) | |||||||||||||
Ross Stores, Inc. | Credit Suisse Securities (USA) LLC | Call | 01/20/23 | USD | 95.000 | 108 | USD | 976,968 | 130,015 | (89,863 | ) | |||||||||||||
Starbucks Corp. | Goldman Sachs & Co. | Call | 01/20/23 | USD | 100.000 | 439 | USD | 3,993,583 | 400,298 | (214,938 | ) | |||||||||||||
Starbucks Corp. | Goldman Sachs & Co. | Call | 01/20/23 | USD | 100.000 | 449 | USD | 4,084,553 | 380,303 | (219,834 | ) | |||||||||||||
Starbucks Corp. | Goldman Sachs & Co. | Call | 01/20/23 | USD | 105.000 | 439 | USD | 3,993,583 | 310,145 | (150,789 | ) | |||||||||||||
Starbucks Corp. | Goldman Sachs & Co. | Call | 01/20/23 | USD | 105.000 | 449 | USD | 4,084,553 | 299,483 | (154,223 | ) | |||||||||||||
Starbucks Corp. | Goldman Sachs & Co. | Call | 01/20/23 | USD | 97.500 | 439 | USD | 3,993,583 | 449,510 | (254,949 | ) | |||||||||||||
Starbucks Corp. | Goldman Sachs & Co. | Call | 01/20/23 | USD | 97.500 | 449 | USD | 4,084,553 | 420,713 | (260,756 | ) | |||||||||||||
UnitedHealth Group, Inc. | Citigroup Global Markets | Call | 01/20/23 | USD | 540.000 | 292 | USD | 14,891,124 | 789,857 | (1,094,411 | ) | |||||||||||||
UnitedHealth Group, Inc. | Citigroup Global Markets | Call | 01/20/23 | USD | 560.000 | 164 | USD | 8,363,508 | 431,536 | (483,660 | ) | |||||||||||||
UnitedHealth Group, Inc. | Citigroup Global Markets | Call | 01/20/23 | USD | 580.000 | 164 | USD | 8,363,508 | 325,433 | (374,006 | ) | |||||||||||||
Walmart, Inc. | Wells Fargo Securities, LLC | Call | 01/20/23 | USD | 145.000 | 251 | USD | 3,737,892 | 257,777 | (347,699 | ) | |||||||||||||
Walmart, Inc. | Wells Fargo Securities, LLC | Call | 01/20/23 | USD | 145.000 | 104 | USD | 1,548,768 | 90,376 | (144,067 | ) | |||||||||||||
Walmart, Inc. | Wells Fargo Securities, LLC | Call | 01/20/23 | USD | 155.000 | 251 | USD | 3,737,892 | 168,672 | (218,369 | ) | |||||||||||||
Walmart, Inc. | Wells Fargo Securities, LLC | Call | 01/20/23 | USD | 155.000 | 104 | USD | 1,548,768 | 57,824 | (90,480 | ) | |||||||||||||
Walmart, Inc. | Wells Fargo Securities, LLC | Call | 01/20/23 | USD | 160.000 | 251 | USD | 3,737,892 | 134,787 | (169,738 | ) | |||||||||||||
Walmart, Inc. | Wells Fargo Securities, LLC | Call | 01/20/23 | USD | 160.000 | 104 | USD | 1,548,768 | 44,928 | (70,330 | ) | |||||||||||||
Yum! Brands, Inc. | Wells Fargo Securities, LLC | Call | 01/20/23 | USD | 135.000 | 101 | USD | 1,197,153 | 60,297 | (41,211 | ) | |||||||||||||
Yum! Brands, Inc. | Wells Fargo Securities, LLC | Call | 01/20/23 | USD | 135.000 | 235 | USD | 2,785,455 | 130,484 | (95,886 | ) | |||||||||||||
Yum! Brands, Inc. | Wells Fargo Securities, LLC | Call | 01/20/23 | USD | 145.000 | 235 | USD | 2,785,455 | 68,357 | (51,452 | ) | |||||||||||||
Yum! Brands, Inc. | Wells Fargo Securities, LLC | Call | 01/20/23 | USD | 145.000 | 101 | USD | 1,197,153 | 33,027 | (22,113 | ) | |||||||||||||
Yum! Brands, Inc. | Wells Fargo Securities, LLC | Call | 01/20/23 | USD | 150.000 | 235 | USD | 2,785,455 | 49,613 | (38,031 | ) | |||||||||||||
Yum! Brands, Inc. | Wells Fargo Securities, LLC | Call | 01/20/23 | USD | 150.000 | 101 | USD | 1,197,153 | 19,291 | (16,345 | ) | |||||||||||||
$ | 39,662,148 | $ | (50,223,031 | ) |
Currency Abbreviations | ||
USD | - | United States Dollar |
PORTFOLIO OF INVESTMENTS | |
VY® T. Rowe Price Capital Appreciation Portfolio | as of March 31, 2022 (Unaudited) (Continued) |
At March 31, 2022, the aggregate cost of securities and other investments and the composition of unrealized appreciation and depreciation of securities and other investments on a tax basis were:
Cost for federal income tax purposes was $7,733,601,559. | |||||||
Net unrealized appreciation consisted of: | |||||||
Gross Unrealized Appreciation | $ | 925,314,427 | |||||
Gross Unrealized Depreciation | (91,708,065 | ) | |||||
Net Unrealized Appreciation | $ | 833,606,362 |