NPORT-P
    false
    
      
      
        
          0000746687
          XXXXXXXX
        
      
      
      
      
        S000001638
        C000004440
      
      
      
    
  
  
    
      STATE STREET VARIABLE INSURANCE SERIES FUNDS INC
      811-04041
      0000746687
      549300F3HMV6UGZMOO92
      One Iron Street
      Boston
      
      02210
      203-708-2726
      State Street Real Estate Securities V.I.S. Fund
      S000001638
      549300MQ0RTV8FF4WU70
      2022-12-31
      2022-03-31
      N
    
    
      32010111.06
      52445.91
      31957665.15
      0.00000000
      0.00000000
      0.00000000
      0.00000000
      0.00000000
      0.00000000
      0.00000000
      0.00000000
      0.00000000
      0.00000000
      0.00000000
      0.00000000
      0.00000000
      0.00000000
      N
      
        
          
        
        
        
        
      
      
      
      
      
      
    
    
      
        Omega Healthcare Investors Inc
        549300OJ7ENK42CZ8E73
        Omega Healthcare Investors Inc
        681936100
        
          
        
        7040.00000000
        NS
        USD
        219366.40000000
        0.686428119733
        Long
        EC
        
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Equity Residential
        5493008RACSH5EP3PI59
        Equity Residential
        29476L107
        
          
        
        13450.00000000
        NS
        USD
        1209424.00000000
        3.784456700210
        Long
        EC
        
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Welltower Inc
        T6IZ0MBEG5ACZDTR7D06
        Welltower Inc
        95040Q104
        
          
        
        9230.00000000
        NS
        USD
        887372.20000000
        2.776711614678
        Long
        EC
        
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Realty Income Corp
        549300CUWDAUZSH43859
        Realty Income Corp
        756109104
        
          
        
        7845.00000000
        NS
        USD
        543658.50000000
        1.701183417024
        Long
        EC
        
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        MGM Growth Properties LLC
        549300E2UGIBHWE12262
        MGM Growth Properties LLC
        55303A105
        
          
        
        11710.00000000
        NS
        USD
        453177.00000000
        1.418054159691
        Long
        EC
        
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Four Corners Property Trust Inc
        549300SVTPZPBDVNER42
        Four Corners Property Trust Inc
        35086T109
        
          
        
        5993.00000000
        NS
        USD
        162050.72000000
        0.507079347753
        Long
        EC
        
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        UDR Inc
        P3CH2EG5X6Z1XWU1OO74
        UDR Inc
        902653104
        
          
        
        15402.00000000
        NS
        USD
        883612.74000000
        2.764947738993
        Long
        EC
        
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Ventas Inc
        ORQTRC074CWLT3DKHT41
        Ventas Inc
        92276F100
        
          
        
        19228.00000000
        NS
        USD
        1187521.28000000
        3.715920028657
        Long
        EC
        
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        State Street Global Advisors
        549300BZ5TGIFZUZDZ37
        State Street Institutional US Government Money Market Fund
        857492706
        
          
        
        107801.93000000
        NS
        USD
        107801.93000000
        0.337327303149
        Long
        STIV
        RF
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Americold Realty Trust
        549300R7N1V5YV8MWH02
        Americold Realty Trust
        03064D108
        
          
        
        12741.00000000
        NS
        USD
        355219.08000000
        1.111530139428
        Long
        EC
        
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Sun Communities Inc
        549300H5GEOJYN41ZG57
        Sun Communities Inc
        866674104
        
          
        
        5263.00000000
        NS
        USD
        922551.27000000
        2.886791840611
        Long
        EC
        
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Duke Realty Corp
        254900E47KH1NFFKNF25
        Duke Realty Corp
        264411505
        
          
        
        17146.00000000
        NS
        USD
        995496.76000000
        3.115048472181
        Long
        EC
        
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Prologis Inc
        529900DFH19P073LZ636
        Prologis Inc
        74340W103
        
          
        
        16580.00000000
        NS
        USD
        2677338.40000000
        8.377765983319
        Long
        EC
        
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Phillips Edison & Co Inc
        549300JPN4YHYPXTJQ85
        Phillips Edison & Co Inc
        71844V201
        
          
        
        7964.00000000
        NS
        USD
        273881.96000000
        0.857014924946
        Long
        EC
        
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        American Homes 4 Rent
        549300ZJUO7A58PNUW40
        American Homes 4 Rent
        02665T306
        
          
        
        15219.00000000
        NS
        USD
        609216.57000000
        1.906323779101
        Long
        EC
        
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Acadia Realty Trust
        N/A
        Acadia Realty Trust
        004239109
        
          
        
        17326.00000000
        NS
        USD
        375454.42000000
        1.174849345963
        Long
        EC
        
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Empire State Realty Trust Inc
        549300VOKY1DUEQSB456
        Empire State Realty Trust Inc
        292104106
        
          
        
        10793.00000000
        NS
        USD
        105987.26000000
        0.331648947138
        Long
        EC
        
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Xenia Hotels & Resorts Inc
        54930075IWIPHF5IQL62
        Xenia Hotels & Resorts Inc
        984017103
        
          
        
        17488.00000000
        NS
        USD
        337343.52000000
        1.055595014268
        Long
        EC
        
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        American Tower Corp
        5493006ORUSIL88JOE18
        American Tower Corp
        03027X100
        
          
        
        710.00000000
        NS
        USD
        178366.20000000
        0.558132764589
        Long
        EC
        
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Alexandria Real Estate Equities Inc
        MGCJBT4MKTQBVLNUIS88
        Alexandria Real Estate Equities Inc
        015271109
        
          
        
        4098.00000000
        NS
        USD
        824722.50000000
        2.580671948745
        Long
        EC
        
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Diversified Healthcare Trust
        N/A
        Diversified Healthcare Trust
        25525P107
        
          
        
        11232.00000000
        NS
        USD
        35942.40000000
        0.112468792170
        Long
        EC
        
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        JBG SMITH Properties
        N/A
        JBG SMITH Properties
        46590V100
        
          
        
        12101.00000000
        NS
        USD
        353591.22000000
        1.106436338012
        Long
        EC
        
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Brixmor Property Group Inc
        5299007UXW6Y0W2EGZ95
        Brixmor Property Group Inc
        11120U105
        
          
        
        27938.00000000
        NS
        USD
        721079.78000000
        2.256359394891
        Long
        EC
        
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Public Storage
        549300LMZF40TKJ6DM64
        Public Storage
        74460D109
        
          
        
        3882.00000000
        NS
        USD
        1515066.96000000
        4.740856232420
        Long
        EC
        
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        American Campus Communities Inc
        529900MR3ZXRO3W6UX26
        American Campus Communities Inc
        024835100
        
          
        
        7620.00000000
        NS
        USD
        426491.40000000
        1.334551188261
        Long
        EC
        
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Host Hotels & Resorts Inc
        N6EL63S0K3PB1YFTDI24
        Host Hotels & Resorts Inc
        44107P104
        
          
        
        20521.00000000
        NS
        USD
        398723.03000000
        1.247660078195
        Long
        EC
        
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Sunstone Hotel Investors Inc
        529900ZQ2V52V96ATF67
        Sunstone Hotel Investors Inc
        867892101
        
          
        
        4860.00000000
        NS
        USD
        57250.80000000
        0.179145753393
        Long
        EC
        
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        State Street Global Advisors
        549300BZ5TGIFZUZDZ37
        State Street Institutional US Government Money Market Fund
        857492706
        
          
        
        123341.81000000
        NS
        USD
        123341.81000000
        0.385953759203
        Long
        STIV
        RF
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Life Storage Inc
        W9EE01AFDDF9DQCQZC68
        Life Storage Inc
        53223X107
        
          
        
        6960.00000000
        NS
        USD
        977392.80000000
        3.058398651504
        Long
        EC
        
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Sabra Health Care REIT Inc
        549300E3BC7GU7TAZ621
        Sabra Health Care REIT Inc
        78573L106
        
          
        
        20360.00000000
        NS
        USD
        303160.40000000
        0.948631255059
        Long
        EC
        
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        First Industrial Realty Trust Inc
        N/A
        First Industrial Realty Trust Inc
        32054K103
        
          
        
        7521.00000000
        NS
        USD
        465625.11000000
        1.457006035373
        Long
        EC
        
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Hudson Pacific Properties Inc
        N/A
        Hudson Pacific Properties Inc
        444097109
        
          
        
        12350.00000000
        NS
        USD
        342712.50000000
        1.072395302946
        Long
        EC
        
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Spirit Realty Capital Inc
        549300LTU6LVPZSHMJ25
        Spirit Realty Capital Inc
        84860W300
        
          
        
        1818.00000000
        NS
        USD
        83664.36000000
        0.261797473649
        Long
        EC
        
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Vornado Realty Trust
        N/A
        Vornado Realty Trust
        929042109
        
          
        
        509.00000000
        NS
        USD
        23067.88000000
        0.072182620012
        Long
        EC
        
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        SBA Communications Corp
        5299001HX8ZN8Y8QIT49
        SBA Communications Corp
        78410G104
        
          
        
        550.00000000
        NS
        USD
        189255.00000000
        0.592205341384
        Long
        EC
        
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        AvalonBay Communities Inc
        K9G90K85RBWD2LAGQX17
        AvalonBay Communities Inc
        053484101
        
          
        
        5340.00000000
        NS
        USD
        1326295.80000000
        4.150164894008
        Long
        EC
        
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        RPT Realty
        549300T03GDH1L37S188
        RPT Realty
        74971D101
        
          
        
        17740.00000000
        NS
        USD
        244279.80000000
        0.764385629718
        Long
        EC
        
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Apple Hospitality REIT Inc
        549300EVZAR0FBZO4F16
        Apple Hospitality REIT Inc
        03784Y200
        
          
        
        9870.00000000
        NS
        USD
        177363.90000000
        0.554996427828
        Long
        EC
        
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Outfront Media Inc
        549300RZWDYU5722I639
        Outfront Media Inc
        69007J106
        
          
        
        11970.00000000
        NS
        USD
        340307.10000000
        1.064868470217
        Long
        EC
        
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Kilroy Realty Corp
        549300CXXI18B214UN80
        Kilroy Realty Corp
        49427F108
        
          
        
        9430.00000000
        NS
        USD
        720640.60000000
        2.254985139300
        Long
        EC
        
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        VICI Properties Inc
        254900RKH6RY9KCJQH63
        VICI Properties Inc
        925652109
        
          
        
        17960.00000000
        NS
        USD
        511141.60000000
        1.599433493031
        Long
        EC
        
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Simon Property Group Inc
        529900GQL5X8H7AO3T64
        Simon Property Group Inc
        828806109
        
          
        
        7050.00000000
        NS
        USD
        927498.00000000
        2.902270850034
        Long
        EC
        
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        WeWork Inc
        N/A
        WeWork Inc
        96209A104
        
          
        
        6854.00000000
        NS
        USD
        46744.28000000
        0.146269384138
        Long
        EC
        CORP
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Agree Realty Corp
        N/A
        Agree Realty Corp
        008492100
        
          
        
        11570.00000000
        NS
        USD
        767785.20000000
        2.402507180659
        Long
        EC
        
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Medical Properties Trust Inc
        254900U6E39J1MQCCY14
        Medical Properties Trust Inc
        58463J304
        
          
        
        22650.00000000
        NS
        USD
        478821.00000000
        1.498297819169
        Long
        EC
        
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Mid-America Apartment Communities Inc
        549300FQZKFR5YNSHZ21
        Mid-America Apartment Communities Inc
        59522J103
        
          
        
        4291.00000000
        NS
        USD
        898749.95000000
        2.812314184348
        Long
        EC
        
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Digital Realty Trust Inc
        549300HKCZ31D08NEI41
        Digital Realty Trust Inc
        253868103
        
          
        
        7820.00000000
        NS
        USD
        1108876.00000000
        3.469827957691
        Long
        EC
        
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Veris Residential Inc
        N/A
        Veris Residential Inc
        554489104
        
          
        
        16750.00000000
        NS
        USD
        291282.50000000
        0.911463646148
        Long
        EC
        
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Extra Space Storage Inc
        N/A
        Extra Space Storage Inc
        30225T102
        
          
        
        2150.00000000
        NS
        USD
        442040.00000000
        1.383204930414
        Long
        EC
        
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Rexford Industrial Realty Inc
        549300MSLO0DF0EMX355
        Rexford Industrial Realty Inc
        76169C100
        
          
        
        8570.00000000
        NS
        USD
        639236.30000000
        2.000259709210
        Long
        EC
        
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Equinix Inc
        549300EVUN2BTLJ3GT74
        Equinix Inc
        29444U700
        
          
        
        2605.00000000
        NS
        USD
        1931920.10000000
        6.045247958297
        Long
        EC
        
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Cousins Properties Inc
        5493007XPYD5EJABN062
        Cousins Properties Inc
        222795502
        
          
        
        11096.00000000
        NS
        USD
        447057.84000000
        1.398906452964
        Long
        EC
        
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Park Hotels & Resorts Inc
        5493005UZ5TQN0H6HS73
        Park Hotels & Resorts Inc
        700517105
        
          
        
        11301.00000000
        NS
        USD
        220708.53000000
        0.690627832052
        Long
        EC
        
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Invitation Homes Inc
        N/A
        Invitation Homes Inc
        46187W107
        
          
        
        26411.00000000
        NS
        USD
        1061193.98000000
        3.320624254053
        Long
        EC
        
        US
        N
        
        1
        
          N
          N
          N
        
      
    
    
      2022-04-29
      STATE STREET VARIABLE INSURANCE SERIES FUNDS INC
      Arthur Jensen
      Arthur Jensen
      Deputy Treasurer
    
  
  XXXX




Quarterly Report
March 31, 2022
State Street Variable Insurance Series Funds, Inc.

State Street Variable Insurance Series Funds, Inc.
Quarterly Report
March 31, 2022
Table of Contents
  Page
Schedules of Investments (Unaudited)  

1

4

12

14

20

34

115

117

Table of Contents
State Street U.S. Equity V.I.S. Fund
Schedule of Investments
March 31, 2022
  Number
of Shares
  Fair
Value
Common Stock - 98.2% †
Aerospace & Defense - 0.6%
Raytheon Technologies Corp. 1,709   $169,311
Apparel Retail - 1.1%
Ross Stores Inc. 3,158   285,673
Application Software - 3.2%
Adobe Inc. (a) 302   137,597
Intuit Inc. 109   52,411
salesforce.com Inc. (a) 1,927   409,141
Splunk Inc. (a) 1,670   248,179
      847,328
Asset Management & Custody Banks - 0.1%
Blackstone Inc. 305   38,717
Auto Parts & Equipment - 0.8%
Magna International Inc. 3,258   209,522
Automobile Manufacturers - 0.7%
Ford Motor Co. 10,651   180,108
Automotive Retail - 0.7%
O'Reilly Automotive Inc. (a) 253   173,295
Biotechnology - 1.3%
BioMarin Pharmaceutical Inc. (a) 1,311   101,078
Vertex Pharmaceuticals Inc. (a) 958   250,009
      351,087
Building Products - 0.7%
Allegion PLC 560   61,477
Trane Technologies PLC 832   127,046
      188,523
Cable & Satellite - 1.4%
Charter Communications Inc., Class A (a) 132   72,008
Comcast Corp., Class A 6,468   302,832
      374,840
Communications Equipment - 0.2%
Cisco Systems Inc. 1,008   56,206
Construction Materials - 0.3%
Martin Marietta Materials Inc. 187   71,974
Data Processing & Outsourced Services - 5.8%
Fidelity National Information Services Inc. 3,023   303,570
Mastercard Inc., Class A 1,398   499,617
PayPal Holdings Inc. (a) 1,041   120,392
Visa Inc., Class A 2,778   616,077
      1,539,656
Diversified Banks - 1.7%
JPMorgan Chase & Co. 3,207   437,178
Diversified Support Services - 0.4%
Cintas Corp. 254   108,049
Electric Utilities - 1.0%
NextEra Energy Inc. 3,132   265,312
Electronic Components - 1.3%
Amphenol Corp., Class A 3,147   237,126
  Number
of Shares
  Fair
Value
Corning Inc. 2,558   $94,416
      331,542
Environmental & Facilities Services - 0.5%
Waste Management Inc. 811   128,544
Financial Exchanges & Data - 1.2%
CME Group Inc. 536   127,493
S&P Global Inc. 487   199,758
      327,251
Footwear - 0.1%
NIKE Inc., Class B 199   26,777
Healthcare Equipment - 3.4%
Becton Dickinson & Co. 449   119,434
Boston Scientific Corp. (a) 7,063   312,820
Edwards Lifesciences Corp. (a) 751   88,408
Medtronic PLC 1,963   217,795
Zimmer Biomet Holdings Inc. 1,217   155,654
      894,111
Healthcare Services - 0.6%
Cigna Corp. 704   168,685
Home Improvement Retail - 1.7%
Lowe's Companies Inc. 1,844   372,838
The Home Depot Inc. 251   75,132
      447,970
Hotels, Resorts & Cruise Lines - 1.1%
Marriott International Inc., Class A (a) 1,640   288,230
Household Products - 1.2%
Colgate-Palmolive Co. 1,146   86,901
The Procter & Gamble Co. 1,575   240,660
      327,561
Hypermarkets & Super Centers - 0.7%
Walmart Inc. 1,178   175,428
Industrial Conglomerates - 1.4%
Honeywell International Inc. 1,834   356,860
Industrial Gases - 1.3%
Air Products & Chemicals Inc. 1,366   341,377
Industrial Machinery - 1.4%
Parker-Hannifin Corp. 1,036   293,975
Xylem Inc. 746   63,604
      357,579
Insurance Brokers - 0.3%
Marsh & McLennan Companies Inc. 456   77,712
Integrated Oil & Gas - 0.8%
Chevron Corp. 1,367   222,589
Interactive Home Entertainment - 0.2%
Activision Blizzard Inc. 794   63,607
Interactive Media & Services - 7.1%
Alphabet Inc., Class C (a) 134   374,261
Alphabet Inc., Class A (a) 370   1,029,100
 
See Notes to Schedule of Investments.
State Street U.S. Equity V.I.S. Fund 1

Table of Contents
State Street U.S. Equity V.I.S. Fund
Schedule of Investments
March 31, 2022
  Number
of Shares
  Fair
Value
Meta Platforms Inc., Class A (a) 2,087   $464,065
      1,867,426
Internet & Direct Marketing Retail - 5.0%
Amazon.com Inc. (a) 402   1,310,500
Investment Banking & Brokerage - 1.4%
The Charles Schwab Corp. 4,398   370,795
IT Consulting & Other Services - 0.4%
Accenture PLC, Class A 296   99,820
Life & Health Insurance - 0.1%
Lincoln National Corp. 575   37,582
Life Sciences Tools & Services - 0.8%
IQVIA Holdings Inc. (a) 934   215,950
Managed Healthcare - 2.7%
Humana Inc. 360   156,661
UnitedHealth Group Inc. 1,081   551,278
      707,939
Movies & Entertainment - 2.1%
Netflix Inc. (a) 749   280,568
The Walt Disney Co. (a) 1,943   266,502
      547,070
Multi-Line Insurance - 0.3%
American International Group Inc. 1,387   87,062
Multi-Sector Holdings - 1.4%
Berkshire Hathaway Inc., Class B (a) 1,050   370,556
Multi-Utilities - 0.8%
Sempra Energy 1,303   219,060
Oil & Gas Equipment & Services - 0.6%
Schlumberger N.V. 3,832   158,300
Oil & Gas Exploration & Production - 2.4%
ConocoPhillips 4,414   441,400
Pioneer Natural Resources Co. 720   180,022
      621,422
Packaged Foods & Meats - 0.6%
Mondelez International Inc., Class A 2,588   162,475
Personal Products - 0.3%
The Estee Lauder Companies Inc., Class A 239   65,084
Pharmaceuticals - 5.0%
AstraZeneca PLC ADR 1,386   91,947
Bristol-Myers Squibb Co. 2,128   155,408
Elanco Animal Health Inc. (a) 2,503   65,303
Johnson & Johnson 3,285   582,200
Merck & Company Inc. 5,091   417,717
      1,312,575
Property & Casualty Insurance - 1.3%
Chubb Ltd. 1,555   332,615
Railroads - 0.7%
Union Pacific Corp. 706   192,886
  Number
of Shares
  Fair
Value
Regional Banks - 3.0%
First Republic Bank 2,010   $325,821
Regions Financial Corp. 12,151   270,481
SVB Financial Group (a) 336   187,975
      784,277
Restaurants - 0.6%
McDonald's Corp. 651   160,979
Semiconductor Equipment - 1.4%
Applied Materials Inc. 2,854   376,157
Semiconductors - 5.2%
Advanced Micro Devices Inc. (a) 1,962   214,525
NVIDIA Corp. 1,189   324,431
QUALCOMM Inc. 3,143   480,313
Texas Instruments Inc. 1,884   345,676
      1,364,945
Soft Drinks - 1.0%
Monster Beverage Corp. (a) 803   64,160
PepsiCo Inc. 1,199   200,688
      264,848
Specialized REITs - 1.2%
American Tower Corp. 1,261   316,788
Specialty Chemicals - 0.7%
DuPont de Nemours Inc. 939   69,092
Ecolab Inc. 258   45,552
PPG Industries Inc. 503   65,928
      180,572
Systems Software - 7.4%
Microsoft Corp. 5,427   1,673,199
Oracle Corp. 1,118   92,492
ServiceNow Inc. (a) 353   196,582
      1,962,273
Technology Hardware, Storage & Peripherals - 5.8%
Apple Inc. 8,773   1,531,854
Trading Companies & Distributors - 1.3%
United Rentals Inc. (a) 965   342,778
Trucking - 0.1%
Lyft Inc., Class A (a) 712   27,341
Wireless Telecommunication Services - 0.3%
T-Mobile US Inc. (a) 519   66,614
Total Common Stock
(Cost $15,883,844)
    25,891,145
Short-Term Investments - 1.8%
State Street Institutional U.S. Government Money Market Fund - Class G Shares 0.29% (b)(c)
(Cost $473,105)
473,105   473,105
Total Investments
(Cost $16,356,949)
    26,364,250
Liabilities in Excess of Other Assets, net - (0.0)%*     (9,133)
NET ASSETS - 100.0%     $26,355,117
 
See Notes to Schedule of Investments.
2 State Street U.S. Equity V.I.S. Fund

Table of Contents
State Street U.S. Equity V.I.S. Fund
Schedule of Investments
March 31, 2022
 

Other Information:

The Fund had the following long futures contracts open at March 31, 2022:
    
Description   Expiration
Date
  Number of
Contracts
  Notional
Amount
  Value   Unrealized
Appreciation
(Depreciation)
S&P 500 E-Mini Index Futures   June 2022   1   $213,102   $226,537   $13,435
The views expressed in this document reflect our judgment as of the publication date and are subject to change at any time without notice. The securities cited may not be representative of the Fund’s future investments and should not be construed as a recommendation to purchase or sell a particular security. See the Fund’s summary prospectus and statutory prospectus for complete descriptions of investment objectives, policies, risks and permissible investments.
(a) Non-income producing security.
(b) Sponsored by SSGA Funds Management, Inc., the Fund’s investment adviser and administrator, and an affiliate of State Street Bank & Trust Co., the Fund’s sub-administrator, custodian and accounting agent.
(c) Coupon amount represents effective yield.
Percentages are based on net assets as of March 31, 2022.
* Less than 0.05%.
    
Abbreviations:
ADR - American Depositary Receipt
REIT - Real Estate Investment Trust
The following table presents the Fund’s investments measured at fair value on a recurring basis at March 31, 2022:
Investments   Level 1   Level 2   Level 3   Total
Investments in Securities                
Common Stock   $25,891,145   $—   $—   $25,891,145
Short-Term Investments   473,105       473,105
Total Investments in Securities   $26,364,250   $—   $—   $26,364,250
Other Financial Instruments                
Long Futures Contracts - Unrealized Appreciation   13,435       13,435
Total Other Financial Instruments   $13,435   $—   $—   $13,435
    
Affiliate Table
    
  Number
of Shares
Held at
12/31/21
  Value at
12/31/21
  Cost of
Purchases
  Proceeds
from
Shares
Sold
  Realized
Gain
(Loss)
  Change in
Unrealized
Appreciation
(Depreciation)
  Number of
Shares
Held at
3/31/22
  Value at
3/31/22
  Dividend
Income
State Street Institutional U.S. Government Money Market Fund - Class G Shares 742,013   $742,013   $1,702,304   $1,971,212   $—   $—   473,105   $473,105   $94
See Notes to Schedule of Investments.
State Street U.S. Equity V.I.S. Fund 3

Table of Contents
State Street S&P 500 Index V.I.S. Fund
Schedule of Investments
March 31, 2022
  Number
of Shares
  Fair
Value
Common Stock - 99.5% †
Advertising - 0.1%
Omnicom Group Inc. 1,023   $86,832
The Interpublic Group of Companies Inc. 2,061   73,063
      159,895
Aerospace & Defense - 1.6%
General Dynamics Corp. 1,156   278,804
Howmet Aerospace Inc. 1,808   64,980
Huntington Ingalls Industries Inc. 200   39,888
L3Harris Technologies Inc. 984   244,494
Lockheed Martin Corp. 1,215   536,301
Northrop Grumman Corp. 733   327,812
Raytheon Technologies Corp. 7,483   741,341
Textron Inc. 1,136   84,496
The Boeing Co. (a) 2,748   526,242
TransDigm Group Inc. (a) 270   175,916
      3,020,274
Agricultural & Farm Machinery - 0.3%
Deere & Co. 1,406   584,137
Agricultural Products - 0.1%
Archer-Daniels-Midland Co. 2,806   253,270
Air Freight & Logistics - 0.6%
CH Robinson Worldwide Inc. 652   70,227
Expeditors International of Washington Inc. 832   85,829
FedEx Corp. 1,222   282,758
United Parcel Service Inc., Class B 3,656   784,066
      1,222,880
Airlines - 0.2%
Alaska Air Group Inc. (a) 700   40,607
American Airlines Group Inc. (a) 3,511   64,076
Delta Air Lines Inc. (a) 3,299   130,541
Southwest Airlines Co. (a) 2,970   136,026
United Airlines Holdings Inc. (a) 1,624   75,289
      446,539
Alternative Carriers - 0.0% *
Lumen Technologies Inc. 4,737   53,386
Apparel Retail - 0.3%
Ross Stores Inc. 1,832   165,723
The TJX Companies Inc. 5,925   358,936
      524,659
Apparel, Accessories & Luxury Goods - 0.1%
PVH Corp. 407   31,180
Ralph Lauren Corp. 270   30,629
Tapestry Inc. 1,189   44,171
Under Armour Inc., Class A (a) 973   16,561
Under Armour Inc., Class C (a) 1,012   15,747
VF Corp. 1,741   98,993
      237,281
Application Software - 2.1%
Adobe Inc. (a) 2,353   1,072,074
ANSYS Inc. (a) 422   134,048
Autodesk Inc. (a) 1,103   236,428
  Number
of Shares
  Fair
Value
Cadence Design Systems Inc. (a) 1,390   $228,599
Ceridian HCM Holding Inc. (a) 666   45,528
Citrix Systems Inc. 584   58,926
Intuit Inc. 1,420   682,793
Paycom Software Inc. (a) 250   86,595
PTC Inc. (a) 500   53,860
salesforce.com Inc. (a) 4,939   1,048,648
Synopsys Inc. (a) 769   256,285
Tyler Technologies Inc. (a) 200   88,978
      3,992,762
Asset Management & Custody Banks - 0.8%
Ameriprise Financial Inc. 576   173,007
BlackRock Inc. 715   546,382
Franklin Resources Inc. 1,491   41,629
Invesco Ltd. 2,050   47,273
Northern Trust Corp. 1,071   124,718
State Street Corp. (b) 1,835   159,865
T Rowe Price Group Inc. 1,149   173,717
The Bank of New York Mellon Corp. 3,617   179,512
      1,446,103
Auto Parts & Equipment - 0.1%
Aptiv PLC (a) 1,387   166,038
BorgWarner Inc. 1,236   48,080
      214,118
Automobile Manufacturers - 2.7%
Ford Motor Co. 19,724   333,533
General Motors Co. (a) 7,286   318,689
Tesla Inc. (a) 4,198   4,523,765
      5,175,987
Automotive Retail - 0.3%
Advance Auto Parts Inc. 304   62,916
AutoZone Inc. (a) 103   210,592
CarMax Inc. (a) 834   80,464
O'Reilly Automotive Inc. (a) 330   226,037
      580,009
Biotechnology - 1.9%
AbbVie Inc. 8,865   1,437,105
Amgen Inc. 2,804   678,063
Biogen Inc. (a) 757   159,424
Gilead Sciences Inc. 6,290   373,940
Incyte Corp. (a) 968   76,879
Moderna Inc. (a) 1,769   304,728
Regeneron Pharmaceuticals Inc. (a) 535   373,655
Vertex Pharmaceuticals Inc. (a) 1,277   333,259
      3,737,053
Brewers - 0.0% *
Molson Coors Beverage Co., Class B 1,078   57,544
Broadcasting - 0.1%
Discovery Inc., Class A (a) 806   20,086
Discovery Inc., Class C (a) 1,640   40,951
Fox Corp., Class A 1,530   60,358
Fox Corp., Class B 740   26,847
Paramount Global, Class B 2,936   111,010
      259,252
 
See Notes to Schedule of Investments.
4 State Street S&P 500 Index V.I.S. Fund

Table of Contents
State Street S&P 500 Index V.I.S. Fund
Schedule of Investments
March 31, 2022
  Number
of Shares
  Fair
Value
Building Products - 0.4%
A O Smith Corp. 607   $38,781
Allegion PLC 398   43,692
Carrier Global Corp. 4,167   191,140
Fortune Brands Home & Security Inc. 700   51,996
Johnson Controls International PLC 3,454   226,479
Masco Corp. 1,282   65,382
Trane Technologies PLC 1,158   176,827
      794,297
Cable & Satellite - 0.7%
Charter Communications Inc., Class A (a) 609   332,221
Comcast Corp., Class A 22,685   1,062,112
DISH Network Corp., Class A (a) 1,098   34,752
      1,429,085
Casinos & Gaming - 0.2%
Caesars Entertainment Inc. (a) 1,071   82,853
Las Vegas Sands Corp. (a) 1,739   67,595
MGM Resorts International 1,997   83,754
Penn National Gaming Inc. (a) 755   32,027
Wynn Resorts Ltd. (a) 481   38,355
      304,584
Commodity Chemicals - 0.2%
Dow Inc. 3,689   235,063
LyondellBasell Industries N.V., Class A 1,338   137,573
      372,636
Communications Equipment - 0.9%
Arista Networks Inc. (a) 1,128   156,770
Cisco Systems Inc. 21,149   1,179,268
F5 Inc. (a) 311   64,984
Juniper Networks Inc. 1,508   56,037
Motorola Solutions Inc. 847   205,143
      1,662,202
Computer & Electronics Retail - 0.1%
Best Buy Company Inc. 1,117   101,535
Construction & Engineering - 0.1%
Quanta Services Inc. 715   94,101
Construction Machinery & Heavy Trucks - 0.5%
Caterpillar Inc. 2,689   599,163
Cummins Inc. 742   152,191
PACCAR Inc. 1,742   153,418
Westinghouse Air Brake Technologies Corp. 888   85,399
      990,171
Construction Materials - 0.1%
Martin Marietta Materials Inc. 327   125,859
Vulcan Materials Co. 695   127,672
      253,531
Consumer Electronics - 0.1%
Garmin Ltd. 800   94,888
Consumer Finance - 0.6%
American Express Co. 3,084   576,708
Capital One Financial Corp. 2,070   271,770
  Number
of Shares
  Fair
Value
Discover Financial Services 1,411   $155,478
Synchrony Financial 2,466   85,842
      1,089,798
Copper - 0.2%
Freeport-McMoRan Inc. 7,362   366,186
Data Processing & Outsourced Services - 3.0%
Automatic Data Processing Inc. 2,106   479,199
Broadridge Financial Solutions Inc. 562   87,509
Fidelity National Information Services Inc. 3,054   306,683
Fiserv Inc. (a) 2,980   302,172
FleetCor Technologies Inc. (a) 388   96,635
Global Payments Inc. 1,396   191,029
Jack Henry & Associates Inc. 349   68,770
Mastercard Inc., Class A 4,328   1,546,741
Paychex Inc. 1,610   219,717
PayPal Holdings Inc. (a) 5,807   671,580
Visa Inc., Class A 8,316   1,844,239
      5,814,274
Distillers & Vintners - 0.1%
Brown-Forman Corp., Class B 994   66,618
Constellation Brands Inc., Class A 801   184,486
      251,104
Distributors - 0.1%
Genuine Parts Co. 679   85,567
LKQ Corp. 1,382   62,757
Pool Corp. 200   84,570
      232,894
Diversified Banks - 2.8%
Bank of America Corp. 35,646   1,469,328
Citigroup Inc. 9,951   531,383
JPMorgan Chase & Co. 14,819   2,020,126
U.S. Bancorp 6,772   359,932
Wells Fargo & Co. 19,485   944,243
      5,325,012
Diversified Support Services - 0.2%
Cintas Corp. 448   190,575
Copart Inc. (a) 1,066   133,751
      324,326
Drug Retail - 0.1%
Walgreens Boots Alliance Inc. 3,593   160,859
Electric Utilities - 1.7%
Alliant Energy Corp. 1,156   72,227
American Electric Power Company Inc. 2,466   246,033
Constellation Energy Corp. 1,611   90,619
Duke Energy Corp. 3,857   430,673
Edison International 1,870   131,087
Entergy Corp. 1,036   120,953
Evergy Inc. 1,088   74,354
Eversource Energy 1,739   153,362
Exelon Corp. 4,912   233,958
FirstEnergy Corp. 2,859   131,114
NextEra Energy Inc. 9,839   833,462
NRG Energy Inc. 1,262   48,410
Pinnacle West Capital Corp. 489   38,191
 
See Notes to Schedule of Investments.
State Street S&P 500 Index V.I.S. Fund 5

Table of Contents
State Street S&P 500 Index V.I.S. Fund
Schedule of Investments
March 31, 2022
  Number
of Shares
  Fair
Value
PPL Corp. 3,931   $112,269
The Southern Co. 5,314   385,318
Xcel Energy Inc. 2,701   194,931
      3,296,961
Electrical Components & Equipment - 0.5%
AMETEK Inc. 1,193   158,884
Eaton Corporation PLC 1,999   303,368
Emerson Electric Co. 2,930   287,286
Generac Holdings Inc. (a) 324   96,312
Rockwell Automation Inc. 584   163,538
      1,009,388
Electronic Components - 0.2%
Amphenol Corp., Class A 3,003   226,276
Corning Inc. 3,647   134,611
      360,887
Electronic Equipment & Instruments - 0.2%
Keysight Technologies Inc. (a) 950   150,072
Teledyne Technologies Inc. (a) 223   105,396
Trimble Inc. (a) 1,259   90,824
Zebra Technologies Corp., Class A (a) 276   114,181
      460,473
Electronic Manufacturing Services - 0.1%
IPG Photonics Corp. (a) 179   19,647
TE Connectivity Ltd. 1,592   208,520
      228,167
Environmental & Facilities Services - 0.3%
Republic Services Inc. 1,047   138,727
Rollins Inc. 1,200   42,060
Waste Management Inc. 1,906   302,101
      482,888
Fertilizers & Agricultural Chemicals - 0.3%
CF Industries Holdings Inc. 1,106   113,984
Corteva Inc. 3,558   204,514
FMC Corp. 653   85,915
The Mosaic Co. 1,910   127,015
      531,428
Financial Exchanges & Data - 1.2%
Cboe Global Markets Inc. 577   66,020
CME Group Inc. 1,802   428,624
FactSet Research Systems Inc. 200   86,830
Intercontinental Exchange Inc. 2,804   370,464
MarketAxess Holdings Inc. 206   70,081
Moody's Corp. 821   277,014
MSCI Inc. 402   202,158
Nasdaq Inc. 576   102,643
S&P Global Inc. 1,776   728,480
      2,332,314
Food Distributors - 0.1%
Sysco Corp. 2,545   207,799
Food Retail - 0.1%
The Kroger Co. 3,256   186,797
Footwear - 0.5%
NIKE Inc., Class B 6,400   861,184
  Number
of Shares
  Fair
Value
Gas Utilities - 0.0% *
Atmos Energy Corp. 700   $83,643
General Merchandise Stores - 0.5%
Dollar General Corp. 1,141   254,021
Dollar Tree Inc. (a) 1,149   184,012
Target Corp. 2,403   509,965
      947,998
Gold - 0.2%
Newmont Corp. 3,999   317,721
Health Care REITs - 0.2%
Healthpeak Properties Inc. 2,669   91,627
Ventas Inc. 1,922   118,703
Welltower Inc. 2,144   206,124
      416,454
Healthcare Distributors - 0.3%
AmerisourceBergen Corp. 755   116,806
Cardinal Health Inc. 1,453   82,385
Henry Schein Inc. (a) 663   57,807
McKesson Corp. 751   229,904
      486,902
Healthcare Equipment - 2.7%
Abbott Laboratories 8,867   1,049,498
ABIOMED Inc. (a) 238   78,835
Baxter International Inc. 2,481   192,377
Becton Dickinson & Co. 1,428   379,848
Boston Scientific Corp. (a) 7,146   316,496
Dexcom Inc. (a) 473   241,987
Edwards Lifesciences Corp. (a) 3,131   368,581
Hologic Inc. (a) 1,277   98,099
IDEXX Laboratories Inc. (a) 425   232,501
Intuitive Surgical Inc. (a) 1,794   541,214
Medtronic PLC 6,742   748,025
ResMed Inc. 733   177,760
STERIS PLC 500   120,885
Stryker Corp. 1,684   450,218
Teleflex Inc. 222   78,772
Zimmer Biomet Holdings Inc. 1,087   139,027
      5,214,123
Healthcare Facilities - 0.2%
HCA Healthcare Inc. 1,178   295,230
Universal Health Services Inc., Class B 364   52,762
      347,992
Healthcare Services - 0.7%
Cigna Corp. 1,609   385,533
CVS Health Corp. 6,567   664,646
DaVita Inc. (a) 358   40,493
Laboratory Corporation of America Holdings (a) 493   129,984
Quest Diagnostics Inc. 618   84,580
      1,305,236
Healthcare Supplies - 0.2%
Align Technology Inc. (a) 364   158,704
DENTSPLY SIRONA Inc. 977   48,088
The Cooper Companies Inc. 257   107,321
      314,113
 
See Notes to Schedule of Investments.
6 State Street S&P 500 Index V.I.S. Fund

Table of Contents
State Street S&P 500 Index V.I.S. Fund
Schedule of Investments
March 31, 2022
  Number
of Shares
  Fair
Value
Healthcare Technology - 0.1%
Cerner Corp. 1,430   $133,791
Home Building - 0.2%
D.R. Horton Inc. 1,680   125,177
Lennar Corp., Class A 1,244   100,975
NVR Inc. (a) 17   75,944
PulteGroup Inc. 1,305   54,679
      356,775
Home Furnishings - 0.0% *
Mohawk Industries Inc. (a) 275   34,155
Home Improvement Retail - 1.2%
Lowe's Companies Inc. 3,370   681,380
The Home Depot Inc. 5,236   1,567,292
      2,248,672
Hotel & Resort REITs - 0.0% *
Host Hotels & Resorts Inc. 3,617   70,278
Hotels, Resorts & Cruise Lines - 0.7%
Booking Holdings Inc. (a) 206   483,781
Carnival Corp. (a) 4,167   84,257
Expedia Group Inc. (a) 753   147,340
Hilton Worldwide Holdings Inc. (a) 1,415   214,712
Marriott International Inc., Class A (a) 1,382   242,886
Norwegian Cruise Line Holdings Ltd. (a) 2,096   45,860
Royal Caribbean Cruises Ltd. (a) 1,156   96,850
      1,315,686
Household Appliances - 0.0% *
Whirlpool Corp. 313   54,080
Household Products - 1.3%
Church & Dwight Company Inc. 1,223   121,542
Colgate-Palmolive Co. 4,145   314,315
Kimberly-Clark Corp. 1,702   209,618
The Clorox Co. 617   85,782
The Procter & Gamble Co. 12,020   1,836,656
      2,567,913
Housewares & Specialties - 0.0% *
Newell Brands Inc. 1,635   35,005
Human Resource & Employment Services - 0.0% *
Robert Half International Inc. 575   65,653
Hypermarkets & Super Centers - 1.2%
Costco Wholesale Corp. 2,224   1,280,690
Walmart Inc. 7,094   1,056,439
      2,337,129
Independent Power Producers & Energy Traders - 0.0% *
The AES Corp. 3,256   83,777
Industrial Conglomerates - 1.0%
3M Co. 2,825   420,586
General Electric Co. 5,461   499,682
Honeywell International Inc. 3,430   667,409
Roper Technologies Inc. 517   244,143
      1,831,820
  Number
of Shares
  Fair
Value
Industrial Gases - 0.6%
Air Products & Chemicals Inc. 1,112   $277,900
Linde PLC (a) 2,570   820,935
      1,098,835
Industrial Machinery - 0.7%
Dover Corp. 706   110,771
Fortive Corp. 1,849   112,660
IDEX Corp. 411   78,801
Illinois Tool Works Inc. 1,432   299,861
Ingersoll Rand Inc. 1,949   98,132
Nordson Corp. 300   68,124
Otis Worldwide Corp. 2,190   168,521
Parker-Hannifin Corp. 644   182,741
Pentair PLC 953   51,662
Snap-on Inc. 282   57,945
Stanley Black & Decker Inc. 818   114,348
Xylem Inc. 895   76,308
      1,419,874
Industrial REITs - 0.4%
Duke Realty Corp. 1,853   107,585
Prologis Inc. 3,711   599,252
      706,837
Insurance Brokers - 0.6%
Aon PLC, Class A 1,077   350,704
Arthur J Gallagher & Co. 1,027   179,314
Brown & Brown Inc. 1,145   82,749
Marsh & McLennan Companies Inc. 2,496   425,368
Willis Towers Watson PLC 612   144,567
      1,182,702
Integrated Oil & Gas - 1.9%
Chevron Corp. 9,666   1,573,915
Exxon Mobil Corp. 21,229   1,753,303
Occidental Petroleum Corp. 4,349   246,762
      3,573,980
Integrated Telecommunication Services - 1.0%
AT&T Inc. 35,809   846,167
Verizon Communications Inc. 21,051   1,072,338
      1,918,505
Interactive Home Entertainment - 0.3%
Activision Blizzard Inc. 3,928   314,672
Electronic Arts Inc. 1,378   174,331
Take-Two Interactive Software Inc. (a) 579   89,015
      578,018
Interactive Media & Services - 5.7%
Alphabet Inc., Class C (a) 1,393   3,890,635
Alphabet Inc., Class A (a) 1,508   4,194,276
Match Group Inc. (a) 1,443   156,912
Meta Platforms Inc., Class A (a) 11,579   2,574,706
Twitter Inc. (a) 4,151   160,602
      10,977,131
Internet & Direct Marketing Retail - 3.8%
Amazon.com Inc. (a) 2,194   7,152,330
eBay Inc. 3,036   173,842
 
See Notes to Schedule of Investments.
State Street S&P 500 Index V.I.S. Fund 7

Table of Contents
State Street S&P 500 Index V.I.S. Fund
Schedule of Investments
March 31, 2022
  Number
of Shares
  Fair
Value
Etsy Inc. (a) 600   $74,568
      7,400,740
Internet Services & Infrastructure - 0.1%
Akamai Technologies Inc. (a) 794   94,796
VeriSign Inc. (a) 498   110,785
      205,581
Investment Banking & Brokerage - 1.0%
Morgan Stanley 7,101   620,627
Raymond James Financial Inc. 937   102,986
The Charles Schwab Corp. 7,539   635,613
The Goldman Sachs Group Inc. 1,702   561,830
      1,921,056
IT Consulting & Other Services - 1.1%
Accenture PLC, Class A 3,169   1,068,682
Cognizant Technology Solutions Corp., Class A 2,568   230,273
DXC Technology Co. (a) 1,457   47,542
EPAM Systems Inc. (a) 300   88,983
Gartner Inc. (a) 412   122,553
International Business Machines Corp. 4,497   584,700
      2,142,733
Leisure Products - 0.0% *
Hasbro Inc. 692   56,689
Life & Health Insurance - 0.5%
Aflac Inc. 2,938   189,178
Globe Life Inc. 457   45,974
Lincoln National Corp. 863   56,406
MetLife Inc. 3,495   245,629
Principal Financial Group Inc. 1,311   96,240
Prudential Financial Inc. 1,905   225,114
      858,541
Life Sciences Tools & Services - 1.8%
Agilent Technologies Inc. 1,542   204,053
Bio-Rad Laboratories Inc., Class A (a) 100   56,323
Bio-Techne Corp. 200   86,608
Charles River Laboratories International Inc. (a) 272   77,240
Danaher Corp. 3,191   936,016
Illumina Inc. (a) 784   273,930
IQVIA Holdings Inc. (a) 934   215,950
Mettler-Toledo International Inc. (a) 115   157,917
PerkinElmer Inc. 651   113,573
Thermo Fisher Scientific Inc. 1,976   1,167,124
Waters Corp. (a) 315   97,773
West Pharmaceutical Services Inc. 382   156,891
      3,543,398
Managed Healthcare - 1.9%
Anthem Inc. 1,217   597,815
Centene Corp. (a) 2,926   246,340
Humana Inc. 645   280,685
Molina Healthcare Inc. (a) 300   100,077
UnitedHealth Group Inc. 4,723   2,408,588
      3,633,505
  Number
of Shares
  Fair
Value
Metal & Glass Containers - 0.1%
Ball Corp. 1,658   $149,220
Movies & Entertainment - 1.1%
Live Nation Entertainment Inc. (a) 639   75,172
Netflix Inc. (a) 2,226   833,837
The Walt Disney Co. (a) 9,130   1,252,271
      2,161,280
Multi-Line Insurance - 0.2%
American International Group Inc. 4,164   261,374
Assurant Inc. 252   45,821
The Hartford Financial Services Group Inc. 1,755   126,027
      433,222
Multi-Sector Holdings - 1.7%
Berkshire Hathaway Inc., Class B (a) 9,183   3,240,773
Multi-Utilities - 0.8%
Ameren Corp. 1,242   116,450
CenterPoint Energy Inc. 2,964   90,817
CMS Energy Corp. 1,449   101,343
Consolidated Edison Inc. 1,720   162,850
Dominion Energy Inc. 4,062   345,148
DTE Energy Co. 999   132,078
NiSource Inc. 2,025   64,395
Public Service Enterprise Group Inc. 2,607   182,490
Sempra Energy 1,601   269,160
WEC Energy Group Inc. 1,635   163,189
      1,627,920
Office REITs - 0.1%
Alexandria Real Estate Equities Inc. 700   140,875
Boston Properties Inc. 678   87,326
Vornado Realty Trust 811   36,755
      264,956
Oil & Gas Equipment & Services - 0.3%
Baker Hughes Co. 4,506   164,064
Halliburton Co. 4,615   174,770
Schlumberger N.V. 7,104   293,466
      632,300
Oil & Gas Exploration & Production - 1.1%
APA Corp. 1,822   75,303
ConocoPhillips 6,530   653,000
Coterra Energy Inc. 4,280   115,432
Devon Energy Corp. 3,246   191,936
Diamondback Energy Inc. 854   117,066
EOG Resources Inc. 2,934   349,821
Hess Corp. 1,421   152,104
Marathon Oil Corp. 3,639   91,375
Pioneer Natural Resources Co. 1,139   284,784
      2,030,821
Oil & Gas Refining & Marketing - 0.3%
Marathon Petroleum Corp. 2,827   241,708
Phillips 66 2,327   201,030
Valero Energy Corp. 1,988   201,862
      644,600
 
See Notes to Schedule of Investments.
8 State Street S&P 500 Index V.I.S. Fund

Table of Contents
State Street S&P 500 Index V.I.S. Fund
Schedule of Investments
March 31, 2022
  Number
of Shares
  Fair
Value
Oil & Gas Storage & Transportation - 0.3%
Kinder Morgan Inc. 9,505   $179,740
ONEOK Inc. 2,165   152,914
The Williams Companies Inc. 5,955   198,956
      531,610
Packaged Foods & Meats - 0.8%
Campbell Soup Co. 1,076   47,957
Conagra Brands Inc. 2,363   79,326
General Mills Inc. 2,956   200,180
Hormel Foods Corp. 1,297   66,848
Kellogg Co. 1,286   82,934
Lamb Weston Holdings Inc. 868   52,002
McCormick & Company Inc. 1,210   120,758
Mondelez International Inc., Class A 6,962   437,074
The Hershey Co. 729   157,923
The J M Smucker Co. 559   75,694
The Kraft Heinz Co. 3,660   144,168
Tyson Foods Inc., Class A 1,466   131,398
      1,596,262
Paper Packaging - 0.2%
Amcor PLC 7,904   89,552
Avery Dennison Corp. 438   76,199
International Paper Co. 1,996   92,115
Packaging Corporation of America 498   77,743
Sealed Air Corp. 764   51,158
Westrock Co. 1,358   63,867
      450,634
Personal Products - 0.2%
The Estee Lauder Companies Inc., Class A 1,165   317,253
Pharmaceuticals - 3.9%
Bristol-Myers Squibb Co. 10,930   798,218
Catalent Inc. (a) 902   100,032
Eli Lilly & Co. 3,981   1,140,039
Johnson & Johnson 13,201   2,339,613
Merck & Company Inc. 12,666   1,039,245
Organon & Co. 1,403   49,007
Pfizer Inc. 28,146   1,457,118
Viatris Inc. 6,235   67,837
Zoetis Inc. 2,373   447,524
      7,438,633
Property & Casualty Insurance - 0.7%
Chubb Ltd. 2,160   462,024
Cincinnati Financial Corp. 723   98,299
Loews Corp. 1,024   66,376
The Allstate Corp. 1,382   191,421
The Progressive Corp. 2,877   327,949
The Travelers Companies Inc. 1,210   221,103
WR Berkley Corp. 1,017   67,722
      1,434,894
Publishing - 0.0% *
News Corp., Class A 2,096   46,426
News Corp., Class B 748   16,845
      63,271
Railroads - 0.8%
CSX Corp. 10,965   410,639
Norfolk Southern Corp. 1,202   342,834
  Number
of Shares
  Fair
Value
Union Pacific Corp. 3,194   $872,633
      1,626,106
Real Estate Services - 0.1%
CBRE Group Inc., Class A (a) 1,725   157,872
Regional Banks - 1.0%
Citizens Financial Group Inc. 2,100   95,193
Comerica Inc. 648   58,599
Fifth Third Bancorp 3,525   151,716
First Republic Bank 899   145,728
Huntington Bancshares Inc. 7,457   109,021
KeyCorp 4,800   107,424
M&T Bank Corp. 618   104,751
People's United Financial Inc. 2,459   49,155
Regions Financial Corp. 4,494   100,036
Signature Bank 300   88,047
SVB Financial Group (a) 300   167,835
The PNC Financial Services Group Inc. 2,079   383,472
Truist Financial Corp. 6,694   379,550
Zions Bancorp NA 700   45,892
      1,986,419
Reinsurance - 0.0% *
Everest Re Group Ltd. 200   60,276
Research & Consulting Services - 0.3%
Equifax Inc. 590   139,889
Jacobs Engineering Group Inc. 664   91,506
Leidos Holdings Inc. 645   69,673
Nielsen Holdings PLC 1,799   49,004
Verisk Analytics Inc. 795   170,631
      520,703
Residential REITs - 0.3%
AvalonBay Communities Inc. 720   178,826
Equity Residential 1,730   155,562
Essex Property Trust Inc. 337   116,427
Mid-America Apartment Communities Inc. 600   125,670
UDR Inc. 1,498   85,940
      662,425
Restaurants - 1.0%
Chipotle Mexican Grill Inc. (a) 142   224,648
Darden Restaurants Inc. 608   80,834
Domino's Pizza Inc. 182   74,076
McDonald's Corp. 3,747   926,558
Starbucks Corp. 5,768   524,715
Yum! Brands Inc. 1,428   169,261
      2,000,092
Retail REITs - 0.3%
Federal Realty Investment Trust 394   48,096
Kimco Realty Corp. 3,332   82,300
Realty Income Corp. 2,900   200,970
Regency Centers Corp. 820   58,499
Simon Property Group Inc. 1,670   219,705
      609,570
Semiconductor Equipment - 0.8%
Applied Materials Inc. 4,448   586,247
Enphase Energy Inc. (a) 700   141,246
KLA Corp. 756   276,741
 
See Notes to Schedule of Investments.
State Street S&P 500 Index V.I.S. Fund 9

Table of Contents
State Street S&P 500 Index V.I.S. Fund
Schedule of Investments
March 31, 2022
  Number
of Shares
  Fair
Value
Lam Research Corp. 700   $376,327
SolarEdge Technologies Inc. (a) 271   87,362
Teradyne Inc. 836   98,840
      1,566,763
Semiconductors - 5.2%
Advanced Micro Devices Inc. (a) 8,198   896,369
Analog Devices Inc. 2,634   435,084
Broadcom Inc. 2,070   1,303,438
Intel Corp. 20,419   1,011,966
Microchip Technology Inc. 2,788   209,490
Micron Technology Inc. 5,615   437,352
Monolithic Power Systems Inc. 206   100,050
NVIDIA Corp. 12,536   3,420,573
NXP Semiconductors N.V. 1,334   246,897
Qorvo Inc. (a) 600   74,460
QUALCOMM Inc. 5,651   863,586
Skyworks Solutions Inc. 794   105,824
Texas Instruments Inc. 4,631   849,696
      9,954,785
Soft Drinks - 1.3%
Monster Beverage Corp. (a) 1,937   154,766
PepsiCo Inc. 6,937   1,161,115
The Coca-Cola Co. 19,494   1,208,628
      2,524,509
Specialized REITs - 1.2%
American Tower Corp. 2,284   573,787
Crown Castle International Corp. 2,167   400,028
Digital Realty Trust Inc. 1,455   206,319
Equinix Inc. 452   335,212
Extra Space Storage Inc. 664   136,518
Iron Mountain Inc. 1,483   82,173
Public Storage 749   292,320
SBA Communications Corp. 539   185,470
Weyerhaeuser Co. 3,747   142,011
      2,353,838
Specialty Chemicals - 0.7%
Albemarle Corp. 610   134,901
Celanese Corp. 526   75,150
DuPont de Nemours Inc. 2,529   186,084
Eastman Chemical Co. 693   77,657
Ecolab Inc. 1,247   220,170
International Flavors & Fragrances Inc. 1,299   170,598
PPG Industries Inc. 1,224   160,430
The Sherwin-Williams Co. 1,210   302,040
      1,327,030
Specialty Stores - 0.2%
Bath & Body Works Inc. 1,292   61,757
Tractor Supply Co. 587   136,988
Ulta Beauty Inc. (a) 271   107,918
      306,663
Steel - 0.1%
Nucor Corp. 1,364   202,759
  Number
of Shares
  Fair
Value
Systems Software - 6.8%
Fortinet Inc. (a) 680   $232,383
Microsoft Corp. 37,593   11,590,298
NortonLifeLock Inc. 2,772   73,513
Oracle Corp. 7,901