Voya U.S. Stock Index Portfolio PORTFOLIO OF INVESTMENTS
As of September 30, 2022 (Unaudited)

 

Shares     Value Percentage
of Net
Assets
COMMON STOCK: 96.1%
    Communication Services: 7.7%
144,258   Activision Blizzard, Inc. $   10,724,140 0.2
1,214,960 (1) Alphabet, Inc. - Class A 116,210,924 1.8
1,086,510 (1) Alphabet, Inc. - Class C 104,467,937 1.7
1,445,967   AT&T, Inc. 22,181,134 0.4
22,463 (1) Charter Communications, Inc. 6,814,151 0.1
892,379   Comcast Corp. – Class A 26,173,476 0.4
50,645 (1) Dish Network Corp. - Class A 700,420 0.0
53,526   Electronic Arts, Inc. 6,193,493 0.1
62,954   Fox Corp. - Class A 1,931,429 0.0
29,204   Fox Corp. - Class B 832,314 0.0
79,512   Interpublic Group of Cos., Inc. 2,035,507 0.0
28,791 (1) Live Nation Entertainment, Inc. 2,189,268 0.0
193,016 (2) Lumen Technologies, Inc. 1,405,156 0.0
57,684 (1) Match Group, Inc. 2,754,411 0.0
462,152 (1) Meta Platforms, Inc. 62,704,783 1.0
90,115 (1) NetFlix, Inc. 21,216,676 0.3
78,463   News Corp - Class A 1,185,576 0.0
24,153   News Corp - Class B 372,439 0.0
41,554   Omnicom Group 2,621,642 0.0
102,326 (2) Paramount Global - Class B 1,948,287 0.0
31,931 (1) Take-Two Interactive Software, Inc. 3,480,479 0.1
121,976 (1) T-Mobile US, Inc. 16,365,520 0.3
136,246 (1) Twitter, Inc. 5,973,025 0.1
851,025   Verizon Communications, Inc. 32,313,419 0.5
369,422 (1) Walt Disney Co. 34,847,577 0.6
446,056 (1) Warner Bros Discovery, Inc. 5,129,644 0.1
      492,772,827 7.7
       
    Consumer Discretionary: 11.3%
12,339   Advance Auto Parts, Inc. 1,929,079 0.0
1,796,022 (1) Amazon.com, Inc. 202,950,486 3.2
54,722 (1) Aptiv PLC 4,279,808 0.1
3,949 (1) Autozone, Inc. 8,458,482 0.1
46,262   Bath & Body Works, Inc. 1,508,141 0.0
40,895   Best Buy Co., Inc. 2,590,289 0.1
8,046 (1) Booking Holdings, Inc. 13,221,268 0.2
48,389   BorgWarner, Inc. 1,519,415 0.0
43,297 (1) Caesars Entertainment, Inc. 1,396,761 0.0
32,425 (1),(2) Carmax, Inc. 2,140,698 0.0
200,021 (1) Carnival Corp. 1,406,148 0.0
5,626 (1) Chipotle Mexican Grill, Inc. 8,454,528 0.1
64,076   D.R. Horton, Inc. 4,315,519 0.1
24,839   Darden Restaurants, Inc. 3,137,662 0.1
45,998   Dollar General Corp. 11,033,080 0.2
42,774 (1) Dollar Tree, Inc. 5,821,541 0.1
7,280   Domino's Pizza, Inc. 2,258,256 0.0
111,323   eBay, Inc. 4,097,800 0.1
25,675 (1),(2) Etsy, Inc. 2,570,838 0.1
30,615 (1) Expedia Group, Inc. 2,868,319 0.1
800,299   Ford Motor Co. 8,963,349 0.2
31,264 (2) Garmin Ltd. 2,510,812 0.0
295,457   General Motors Co. 9,481,215 0.2
28,599   Genuine Parts Co. 4,270,403 0.1
26,474   Hasbro, Inc. 1,784,877 0.0
55,581   Hilton Worldwide Holdings, Inc. 6,704,180 0.1
208,263   Home Depot, Inc. 57,468,092 0.9
66,584 (1) Las Vegas Sands Corp. 2,498,232 0.0
51,670   Lennar Corp. - Class A 3,851,998 0.1
52,556   LKQ Corp. 2,478,015 0.0
129,512   Lowe's Cos, Inc. 24,323,649 0.4
55,902   Marriott International, Inc. 7,834,106 0.1
149,085   McDonald's Corp. 34,399,873 0.6
66,116   MGM Resorts International 1,964,968 0.0
10,686 (1),(2) Mohawk Industries, Inc. 974,456 0.0
76,268   Newell Brands, Inc. 1,059,363 0.0
256,263   Nike, Inc. - Class B 21,300,581 0.3
84,650 (1),(2) Norwegian Cruise Line Holdings Ltd. 961,624 0.0
625 (1) NVR, Inc. 2,491,925 0.0
12,919 (1) O'Reilly Automotive, Inc. 9,086,579 0.2
8,094   Pool Corp. 2,575,592 0.1
46,910   Pulte Group, Inc. 1,759,125 0.0
8,693 (2) Ralph Lauren Corp. 738,296 0.0
70,974   Ross Stores, Inc. 5,980,979 0.1
44,449 (1) Royal Caribbean Cruises Ltd. 1,684,617 0.0
232,508   Starbucks Corp. 19,591,124 0.3
50,859   Tapestry, Inc. 1,445,921 0.0
93,963   Target Corp. 13,943,170 0.2
539,718 (1) Tesla, Inc. 143,160,200 2.3
237,211   TJX Cos., Inc. 14,735,547 0.2
22,598   Tractor Supply Co. 4,200,516 0.1
10,549 (1) Ulta Beauty, Inc. 4,232,153 0.1
66,916 (2) VF Corp. 2,001,458 0.0
11,045 (2) Whirlpool Corp. 1,488,976 0.0
21,314 (1) Wynn Resorts Ltd. 1,343,421 0.0
57,597   Yum! Brands, Inc. 6,124,865 0.1
      715,372,375 11.3
       
    Consumer Staples: 6.6%
365,694   Altria Group, Inc. 14,766,724 0.2
113,655   Archer-Daniels-Midland Co. 9,143,545 0.1
36,918   Brown-Forman Corp. - Class B 2,457,631 0.0
40,828   Campbell Soup Co. 1,923,815 0.0
49,035   Church & Dwight Co., Inc. 3,503,060 0.1
24,860   Clorox Co. 3,191,775 0.1
788,704   Coca-Cola Co. 44,183,198 0.7
169,247   Colgate-Palmolive Co. 11,889,602 0.2
96,925   Conagra Brands, Inc. 3,162,663 0.1
32,286   Constellation Brands, Inc. 7,415,449 0.1
89,761   Costco Wholesale Corp. 42,391,428 0.7
46,973   Estee Lauder Cos., Inc. 10,141,471 0.2
120,714   General Mills, Inc. 9,247,900 0.1
29,762   Hershey Co. 6,561,628 0.1
58,646   Hormel Foods Corp. 2,664,874 0.0
21,593   JM Smucker Co. 2,967,094 0.0

 

 

 

 

Voya U.S. Stock Index Portfolio PORTFOLIO OF INVESTMENTS
As of September 30, 2022 (Unaudited) (Continued)

  

Shares     Value Percentage
of Net
Assets
COMMON STOCK: (continued)
    Consumer Staples: (continued)
51,690   Kellogg Co. $   3,600,725 0.1
172,170   Keurig Dr Pepper, Inc. 6,167,129 0.1
68,415   Kimberly-Clark Corp. 7,699,424 0.1
161,409   Kraft Heinz Co. 5,382,990 0.1
132,509   Kroger Co. 5,797,269 0.1
29,175   Lamb Weston Holdings, Inc. 2,257,562 0.0
50,540   McCormick & Co., Inc. 3,601,986 0.1
38,040   Molson Coors Beverage Co. 1,825,540 0.0
277,730   Mondelez International, Inc. 15,227,936 0.2
77,940 (1) Monster Beverage Corp. 6,777,662 0.1
279,659   PepsiCo, Inc. 45,657,128 0.7
314,123   Philip Morris International, Inc. 26,075,350 0.4
484,216   Procter & Gamble Co. 61,132,270 1.0
103,240   Sysco Corp. 7,300,100 0.1
58,885   Tyson Foods, Inc. 3,882,288 0.1
144,805   Walgreens Boots Alliance, Inc. 4,546,877 0.1
288,841   Walmart, Inc. 37,462,678 0.6
      420,006,771 6.6
       
    Energy: 4.4%
66,168   APA Corp. 2,262,284 0.0
205,021   Baker Hughes Co. 4,297,240 0.1
364,920   Chevron Corp. 52,428,056 0.8
257,966   ConocoPhillips 26,400,241 0.4
161,218   Coterra Energy, Inc. 4,211,014 0.1
132,688   Devon Energy Corp. 7,978,530 0.1
36,019   Diamondback Energy, Inc. 4,338,849 0.1
118,755   EOG Resources, Inc. 13,268,496 0.2
844,524   Exxon Mobil Corp. 73,735,390 1.2
183,782   Halliburton Co. 4,524,713 0.1
56,466 (2) Hess Corp. 6,154,229 0.1
401,760   Kinder Morgan, Inc. 6,685,286 0.1
137,305   Marathon Oil Corp. 3,100,347 0.0
101,041   Marathon Petroleum Corp. 10,036,403 0.2
151,005   Occidental Petroleum Corp. 9,279,257 0.1
90,207   Oneok, Inc. 4,622,207 0.1
97,480   Phillips 66 7,868,586 0.1
48,363   Pioneer Natural Resources Co. 10,472,040 0.2
286,610   Schlumberger NV 10,289,299 0.2
79,834   Valero Energy Corp. 8,530,263 0.1
246,921   Williams Cos., Inc. 7,069,348 0.1
      277,552,078 4.4
       
    Financials: 10.6%
116,526   Aflac, Inc. 6,548,761 0.1
54,772   Allstate Corp. 6,820,757 0.1
121,542   American Express Co. 16,397,231 0.3
154,090   American International Group, Inc. 7,316,193 0.1
21,919   Ameriprise Financial, Inc. 5,522,492 0.1
42,742   Aon PLC 11,449,300 0.2
42,622   Arthur J. Gallagher & Co. 7,297,739 0.1
10,924   Assurant, Inc. 1,586,929 0.0
1,416,578   Bank of America Corp. 42,780,656 0.7
149,015   Bank of New York Mellon Corp. 5,740,058 0.1
365,728 (1) Berkshire Hathaway, Inc. – Class B 97,656,691 1.5
30,552   Blackrock, Inc. 16,812,155 0.3
47,321   Brown & Brown, Inc. 2,861,974 0.0
77,776   Capital One Financial Corp. 7,168,614 0.1
21,448   Cboe Global Markets, Inc. 2,517,352 0.0
309,419   Charles Schwab Corp. 22,237,944 0.4
84,630   Chubb Ltd. 15,392,504 0.2
32,260   Cincinnati Financial Corp. 2,889,528 0.0
392,227   Citigroup, Inc. 16,344,099 0.3
100,436   Citizens Financial Group, Inc. 3,450,981 0.1
72,835   CME Group, Inc. 12,901,264 0.2
26,411   Comerica, Inc. 1,877,822 0.0
55,355   Discover Financial Services 5,032,877 0.1
7,966   Everest Re Group Ltd. 2,090,597 0.0
7,654   Factset Research Systems, Inc. 3,062,442 0.1
138,575   Fifth Third Bancorp 4,428,857 0.1
37,025   First Republic Bank 4,833,614 0.1
57,562 (2) Franklin Resources, Inc. 1,238,734 0.0
18,322   Globe Life, Inc. 1,826,703 0.0
69,172   Goldman Sachs Group, Inc. 20,270,855 0.3
65,481   Hartford Financial Services Group, Inc. 4,055,893 0.1
290,683   Huntington Bancshares, Inc. 3,831,202 0.1
113,165   Intercontinental Exchange, Inc. 10,224,458 0.2
92,180 (2) Invesco Ltd. 1,262,866 0.0
594,253   JPMorgan Chase & Co. 62,099,438 1.0
188,339   Keycorp 3,017,191 0.0
31,390   Lincoln National Corp. 1,378,335 0.0
40,525   Loews Corp. 2,019,766 0.0
35,586   M&T Bank Corp. 6,274,523 0.1
7,623   MarketAxess Holdings, Inc. 1,696,041 0.0
101,120   Marsh & McLennan Cos., Inc. 15,096,205 0.2
135,767   Metlife, Inc. 8,251,918 0.1
31,978   Moody's Corp. 7,774,172 0.1
271,358   Morgan Stanley 21,439,996 0.3
16,385   MSCI, Inc. - Class A 6,911,029 0.1
68,684   Nasdaq, Inc. 3,893,009 0.1
42,088   Northern Trust Corp. 3,601,049 0.1
83,107   PNC Financial Services Group, Inc. 12,417,848 0.2
46,970   Principal Financial Group, Inc. 3,388,885 0.1
118,526   Progressive Corp. 13,773,906 0.2
75,742   Prudential Financial, Inc. 6,497,149 0.1
39,264   Raymond James Financial, Inc. 3,880,068 0.1
188,749   Regions Financial Corp. 3,788,192 0.1
69,039   S&P Global, Inc. 21,081,059 0.3
12,710   Signature Bank 1,919,210 0.0
74,494   State Street Corp. 4,529,980 0.1

 

 

 

 

Voya U.S. Stock Index Portfolio PORTFOLIO OF INVESTMENTS
As of September 30, 2022 (Unaudited) (Continued)

 

Shares     Value Percentage
of Net
Assets
COMMON STOCK: (continued)
    Financials: (continued)
11,972 (1) SVB Financial Group $   4,019,958 0.1
97,623   Synchrony Financial 2,751,992 0.0
45,909 (2) T. Rowe Price Group, Inc. 4,820,904 0.1
48,089   Travelers Cos, Inc. 7,367,235 0.1
268,917   Truist Financial Corp. 11,708,646 0.2
273,980   US Bancorp 11,046,874 0.2
768,619   Wells Fargo & Co. 30,913,856 0.5
22,283   Willis Towers Watson PLC 4,477,546 0.1
41,391   WR Berkley Corp. 2,673,031 0.0
30,571   Zions Bancorp NA 1,554,841 0.0
      671,793,994 10.6
       
    Health Care: 14.5%
354,865   Abbott Laboratories 34,336,737 0.5
358,285   AbbVie, Inc. 48,085,430 0.8
9,203 (1) Abiomed, Inc. 2,260,809 0.0
60,616   Agilent Technologies, Inc. 7,367,875 0.1
14,803 (1) Align Technology, Inc. 3,065,849 0.1
31,499   AmerisourceBergen Corp. 4,262,760 0.1
108,398   Amgen, Inc. 24,432,909 0.4
101,702   Baxter International, Inc. 5,477,670 0.1
57,792   Becton Dickinson & Co. 12,877,791 0.2
29,406 (1) Biogen, Inc. 7,851,402 0.1
4,371 (1) Bio-Rad Laboratories, Inc. 1,823,319 0.0
7,924   Bio-Techne Corp. 2,250,416 0.0
290,100 (1) Boston Scientific Corp. 11,235,573 0.2
432,685   Bristol-Myers Squibb Co. 30,759,577 0.5
55,024   Cardinal Health, Inc. 3,669,000 0.1
36,197 (1) Catalent, Inc. 2,619,215 0.0
115,824 (1) Centene Corp. 9,012,265 0.1
10,262 (1) Charles River Laboratories International, Inc. 2,019,562 0.0
61,828   Cigna Corp. 17,155,415 0.3
9,958   Cooper Cos., Inc. 2,627,916 0.0
266,030   CVS Health Corp. 25,371,281 0.4
132,668   Danaher Corp. 34,266,818 0.5
11,286 (1) DaVita, Inc. 934,142 0.0
43,517   Dentsply Sirona, Inc. 1,233,707 0.0
79,552 (1) DexCom, Inc. 6,407,118 0.1
125,581 (1) Edwards Lifesciences Corp. 10,376,758 0.2
48,694   Elevance Health, Inc. 22,118,763 0.4
159,810   Eli Lilly & Co. 51,674,564 0.8
253,981   Gilead Sciences, Inc. 15,668,088 0.3
43,622   HCA Healthcare, Inc. 8,017,287 0.1
27,883 (1) Henry Schein, Inc. 1,833,865 0.0
50,370 (1) Hologic, Inc. 3,249,872 0.1
25,645   Humana, Inc. 12,442,698 0.2
16,968 (1) Idexx Laboratories, Inc. 5,528,174 0.1
31,731 (1) Illumina, Inc. 6,053,957 0.1
37,411 (1) Incyte Corp., Ltd. 2,493,069 0.0
72,502 (1) Intuitive Surgical, Inc. 13,589,775 0.2
37,794 (1) IQVIA Holdings, Inc. 6,846,005 0.1
532,774   Johnson & Johnson 87,033,961 1.4
18,319   Laboratory Corp. of America Holdings 3,751,914 0.1
29,125   McKesson Corp. 9,898,714 0.2
269,248   Medtronic PLC 21,741,776 0.3
513,341   Merck & Co., Inc. 44,208,927 0.7
4,581 (1) Mettler Toledo International, Inc. 4,966,354 0.1
68,174 (1) Moderna, Inc. 8,061,576 0.1
11,856 (1) Molina Healthcare, Inc. 3,910,583 0.1
51,229   Organon & Co. 1,198,759 0.0
25,479 (2) PerkinElmer, Inc. 3,065,888 0.1
1,137,280   Pfizer, Inc. 49,767,373 0.8
23,705   Quest Diagnostics, Inc. 2,908,366 0.0
21,721 (1) Regeneron Pharmaceuticals, Inc. 14,962,945 0.2
29,671   Resmed, Inc. 6,477,179 0.1
20,224 (2) STERIS Public Ltd. Co. 3,362,847 0.1
68,230   Stryker Corp. 13,819,304 0.2
9,473 (2) Teleflex, Inc. 1,908,431 0.0
79,392   Thermo Fisher Scientific, Inc. 40,266,828 0.6
189,545   UnitedHealth Group, Inc. 95,727,807 1.5
13,558   Universal Health Services, Inc. 1,195,544 0.0
51,969 (1) Vertex Pharmaceuticals, Inc. 15,047,104 0.2
244,864   Viatris, Inc. 2,086,241 0.0
12,166 (1) Waters Corp. 3,279,102 0.1
14,962   West Pharmaceutical Services, Inc. 3,681,849 0.1
42,330   Zimmer Biomet Holdings, Inc. 4,425,602 0.1
95,057   Zoetis, Inc. 14,096,003 0.2
      922,148,408 14.5
       
    Industrials: 7.6%
112,184   3M Co. 12,396,332 0.2
25,468 (1) Alaska Air Group, Inc. 997,072 0.0
17,735   Allegion Public Ltd. 1,590,475 0.0
131,188 (1),(2) American Airlines Group, Inc. 1,579,504 0.0
46,639   Ametek, Inc. 5,289,329 0.1
26,265   AO Smith Corp. 1,275,954 0.0
113,109 (1) Boeing Co. 13,695,238 0.2
171,327   Carrier Global Corp. 6,092,388 0.1
106,975   Caterpillar, Inc. 17,552,458 0.3
25,103 (2) CH Robinson Worldwide, Inc. 2,417,670 0.0
17,429   Cintas Corp. 6,765,763 0.1
43,172 (1) Copart, Inc. 4,593,501 0.1
80,235 (1) CoStar Group, Inc. 5,588,368 0.1
433,898   CSX Corp. 11,559,043 0.2
28,499   Cummins, Inc. 5,799,831 0.1
56,387   Deere & Co. 18,827,055 0.3
129,480 (1) Delta Air Lines, Inc. 3,633,209 0.1
29,118   Dover Corp. 3,394,576 0.1
80,590   Eaton Corp. PLC 10,747,482 0.2
119,975   Emerson Electric Co. 8,784,569 0.1
24,709   Equifax, Inc. 4,235,864 0.1
33,151   Expeditors International Washington, Inc. 2,927,565 0.0
116,260   Fastenal Co. 5,352,610 0.1
48,442   FedEx Corp. 7,192,184 0.1
72,399   Fortive Corp. 4,220,862 0.1
26,420   Fortune Brands Home & Security, Inc. 1,418,490 0.0
12,892 (1) Generac Holdings, Inc. 2,296,581 0.0
45,570   General Dynamics Corp. 9,668,587 0.2

 

 

 

 

Voya U.S. Stock Index Portfolio PORTFOLIO OF INVESTMENTS
As of September 30, 2022 (Unaudited) (Continued)

 

Shares     Value Percentage
of Net
Assets
COMMON STOCK: (continued)
    Industrials: (continued)
222,311   General Electric Co. $   13,763,274 0.2
136,516   Honeywell International, Inc. 22,794,077 0.4
74,917   Howmet Aerospace, Inc. 2,317,183 0.0
8,089   Huntington Ingalls Industries, Inc. 1,791,713 0.0
15,352   IDEX Corp. 3,068,097 0.1
57,243   Illinois Tool Works, Inc. 10,340,948 0.2
81,989   Ingersoll Rand, Inc. 3,546,844 0.1
25,980   Jacobs Solutions, Inc. 2,818,570 0.0
16,931   JB Hunt Transport Services, Inc. 2,648,347 0.0
139,580   Johnson Controls International plc 6,870,128 0.1
38,776   L3Harris Technologies, Inc. 8,058,816 0.1
27,603   Leidos Holdings, Inc. 2,414,434 0.0
47,836   Lockheed Martin Corp. 18,478,568 0.3
45,699   Masco Corp. 2,133,686 0.0
72,650   Nielsen Holdings PLC 2,013,858 0.0
10,884   Nordson Corp. 2,310,347 0.0
47,595   Norfolk Southern Corp. 9,978,292 0.2
29,513   Northrop Grumman Corp. 13,880,554 0.2
18,545   Old Dominion Freight Line 4,613,440 0.1
85,395   Otis Worldwide Corp. 5,448,201 0.1
70,225   Paccar, Inc. 5,877,130 0.1
25,928   Parker Hannifin Corp. 6,282,614 0.1
33,407   Pentair PLC 1,357,326 0.0
29,026 (2) Quanta Services, Inc. 3,697,622 0.1
299,199   Raytheon Technologies Corp. 24,492,430 0.4
41,613   Republic Services, Inc. 5,661,033 0.1
22,321   Robert Half International, Inc. 1,707,556 0.0
23,482   Rockwell Automation, Inc. 5,051,213 0.1
46,898 (2) Rollins, Inc. 1,626,423 0.0
10,780   Snap-On, Inc. 2,170,553 0.0
119,765 (1) Southwest Airlines Co. 3,693,553 0.1
29,953   Stanley Black & Decker, Inc. 2,252,765 0.0
42,865   Textron, Inc. 2,497,315 0.0
46,955   Trane Technologies PLC 6,799,554 0.1
10,474   TransDigm Group, Inc. 5,496,965 0.1
126,544   Union Pacific Corp. 24,653,302 0.4
65,993 (1) United Airlines Holdings, Inc. 2,146,752 0.0
148,341   United Parcel Service, Inc. - Class B 23,963,005 0.4
14,182 (1) United Rentals, Inc. 3,830,842 0.1
31,893   Verisk Analytics, Inc. 5,438,713 0.1
76,220   Waste Management, Inc. 12,211,206 0.2
36,891   Westinghouse Air Brake Technologies Corp. 3,001,083 0.0
9,175   WW Grainger, Inc. 4,488,318 0.1
36,375   Xylem, Inc. 3,177,720 0.1
      480,756,930 7.6
       
    Information Technology: 25.4%
128,179   Accenture PLC 32,980,457 0.5
94,835 (1) Adobe, Inc. 26,098,592 0.4
327,308 (1) Advanced Micro Devices, Inc.   20,738,235 0.3
32,378 (1) Akamai Technologies, Inc. 2,600,601 0.0
120,609   Amphenol Corp. 8,075,979 0.1
105,333   Analog Devices, Inc. 14,677,100 0.2
17,570 (1) ANSYS, Inc. 3,895,269 0.1
3,061,163   Apple, Inc. 423,052,727 6.7
176,285   Applied Materials, Inc. 14,443,030 0.2
49,944 (1) Arista Networks, Inc. 5,638,178 0.1
43,936 (1) Autodesk, Inc. 8,207,245 0.1
84,200   Automatic Data Processing, Inc. 19,045,198 0.3
81,829   Broadcom, Inc. 36,332,894 0.6
23,677   Broadridge Financial Solutions, Inc. ADR 3,417,065 0.1
55,697 (1) Cadence Design Systems, Inc. 9,102,561 0.1
27,291   CDW Corp. 4,259,579 0.1
31,015 (1) Ceridian HCM Holding, Inc. 1,733,118 0.0
839,054   Cisco Systems, Inc. 33,562,160 0.5
25,191   Citrix Systems, Inc. 2,619,864 0.1
105,266   Cognizant Technology Solutions Corp. 6,046,479 0.1
153,534   Corning, Inc. 4,455,557 0.1
46,582 (1) DXC Technology Co. 1,140,327 0.0
27,449 (1) Enphase Energy, Inc. 7,616,274 0.1
11,625 (1) EPAM Systems, Inc. 4,210,459 0.1
12,214 (1) F5, Inc. 1,767,732 0.0
123,363   Fidelity National Information Services, Inc. 9,322,542 0.2
129,604 (1) Fiserv, Inc. 12,127,046 0.2
15,201 (1) FleetCor Technologies, Inc. 2,677,960 0.0
132,621 (1) Fortinet, Inc. 6,515,670 0.1
16,028 (1) Gartner, Inc. 4,434,787 0.1
56,164   Global Payments, Inc. 6,068,520 0.1
262,600   Hewlett Packard Enterprise Co. 3,145,948 0.1
184,410   HP, Inc. 4,595,497 0.1
832,035   Intel Corp. 21,441,542 0.3
183,019   International Business Machines Corp. 21,744,487 0.3
57,122   Intuit, Inc. 22,124,493 0.4
14,717   Jack Henry & Associates, Inc. 2,682,468 0.0
65,258   Juniper Networks, Inc. 1,704,539 0.0
36,464 (1) Keysight Technologies, Inc. 5,737,975 0.1
28,735   KLA Corp. 8,696,073 0.1
27,756   Lam Research Corp. 10,158,696 0.2
172,896   Mastercard, Inc. - Class A 49,161,249 0.8
112,298   Microchip Technology, Inc. 6,853,547 0.1
223,540   Micron Technology, Inc. 11,199,354 0.2
1,511,258   Microsoft Corp. 351,971,988 5.5
9,007   Monolithic Power Systems, Inc. 3,273,144 0.1
33,790   Motorola Solutions, Inc. 7,567,946 0.1
44,948   NetApp, Inc. 2,780,034 0.1
121,472   NortonLifeLock, Inc. 2,446,446 0.0
507,410   Nvidia Corp. 61,594,500 1.0

 

 

 

 

Voya U.S. Stock Index Portfolio PORTFOLIO OF INVESTMENTS
As of September 30, 2022 (Unaudited) (Continued)

 

Shares     Value Percentage
of Net
Assets
COMMON STOCK: (continued)
    Information Technology: (continued)
53,213   NXP Semiconductor NV - NXPI - US $   7,849,450 0.1
87,761 (1) ON Semiconductor Corp. 5,470,143 0.1
307,810   Oracle Corp. 18,797,957 0.3
64,897 (2) Paychex, Inc. 7,282,092 0.1
9,850 (1) Paycom Software, Inc. 3,250,401 0.1
234,347 (1) PayPal Holdings, Inc. 20,170,246 0.3
21,264 (1) PTC, Inc. 2,224,214 0.0
20,913 (1) Qorvo, Inc. 1,660,701 0.0
227,563   Qualcomm, Inc. 25,710,068 0.4
21,482   Roper Technologies, Inc. 7,725,786 0.1
201,626 (1) Salesforce, Inc. 29,001,884 0.5
39,922   Seagate Technology Holdings PLC 2,125,048 0.0
40,933 (1) ServiceNow, Inc. 15,456,710 0.2
32,504   Skyworks Solutions, Inc. 2,771,616 0.0
11,274 (1) SolarEdge Technologies, Inc. 2,609,480 0.0
30,998 (1) Synopsys, Inc. 9,470,199 0.2
65,072   TE Connectivity Ltd. 7,181,346 0.1
9,461 (1) Teledyne Technologies, Inc. 3,192,804 0.1
31,770   Teradyne, Inc. 2,387,516 0.0
185,152   Texas Instruments, Inc. 28,657,827 0.5
50,523 (1) Trimble, Inc. 2,741,883 0.0
8,377 (1) Tyler Technologies, Inc. 2,911,008 0.1
18,914 (1) VeriSign, Inc. 3,285,362 0.1
331,317 (2) Visa, Inc. - Class A 58,858,465 0.9
63,253 (1) Western Digital Corp. 2,058,885 0.0
10,607 (1) Zebra Technologies Corp. 2,779,140 0.1
      1,611,373,362 25.4
       
    Materials: 2.4%
44,945   Air Products & Chemicals, Inc. 10,460,050 0.2
23,735   Albemarle Corp. 6,276,483 0.1
303,527   Amcor PLC 3,256,845 0.1
16,505   Avery Dennison Corp. 2,685,363 0.0
63,691 (2) Ball Corp. 3,077,549 0.0
20,199   Celanese Corp. - Series A 1,824,778 0.0
40,378   CF Industries Holdings, Inc. 3,886,382 0.1
146,172   Corteva, Inc. 8,353,730 0.1
145,529   Dow, Inc. 6,393,089 0.1
101,502   DuPont de Nemours, Inc. 5,115,701 0.1
24,886   Eastman Chemical Co. 1,768,150 0.0
50,196   Ecolab, Inc. 7,249,306 0.1
25,437   FMC Corp. 2,688,691 0.0
289,773   Freeport-McMoRan, Inc. 7,919,496 0.1
51,472   International Flavors & Fragrances, Inc. 4,675,202 0.1
73,359   International Paper Co. 2,325,480 0.0
100,988   Linde PLC 27,225,355 0.4
51,560   LyondellBasell Industries NV - Class A 3,881,437 0.1
12,596   Martin Marietta Materials, Inc. 4,057,046 0.1
69,964   Mosaic Co. 3,381,360 0.1
160,301   Newmont Corp. 6,737,451 0.1
53,048   Nucor Corp. 5,675,606 0.1
18,926   Packaging Corp. of America 2,125,201 0.0
47,706   PPG Industries, Inc. 5,280,577 0.1
29,506   Sealed Air Corp. 1,313,312 0.0
47,794   Sherwin-Williams Co. 9,785,821 0.2
26,842   Vulcan Materials Co. 4,233,252 0.1
51,475   WestRock Co. 1,590,063 0.0
      153,242,776 2.4
       
    Real Estate: 2.7%
30,000   Alexandria Real Estate Equities, Inc. 4,205,700 0.1
94,346   American Tower Corp. 20,256,086 0.3
28,240   AvalonBay Communities, Inc. 5,201,526 0.1
28,804   Boston Properties, Inc. 2,159,436 0.0
21,515   Camden Property Trust 2,569,967 0.0
65,082 (1) CBRE Group, Inc. 4,393,686 0.1
87,750   Crown Castle, Inc. 12,684,262 0.2
58,240   Digital Realty Trust, Inc. 5,776,243 0.1
77,652   Duke Realty Corp. 3,742,826 0.1
18,455   Equinix, Inc. 10,497,942 0.2
68,594   Equity Residential 4,610,889 0.1
13,196   Essex Property Trust, Inc. 3,196,467 0.1
27,122   Extra Space Storage, Inc. 4,684,241 0.1
14,756   Federal Realty Investment Trust 1,329,811 0.0
108,979   Healthpeak Properties, Inc. 2,497,799 0.0
144,370   Host Hotels & Resorts, Inc. 2,292,596 0.0
117,498   Invitation Homes, Inc. 3,967,907 0.1
58,687 (2) Iron Mountain, Inc. 2,580,467 0.0
124,824   Kimco Realty Corp. 2,298,010 0.0
23,314   Mid-America Apartment Communities, Inc. 3,615,302 0.1
150,029   ProLogis, Inc. 15,242,946 0.2
32,014   Public Storage, Inc. 9,374,019 0.1
125,145   Realty Income Corp. 7,283,439 0.1
31,332   Regency Centers Corp. 1,687,228 0.0
21,860   SBA Communications Corp. 6,222,449 0.1
66,318   Simon Property Group, Inc. 5,952,041 0.1
61,891   UDR, Inc. 2,581,474 0.0
80,730   Ventas, Inc. 3,242,924 0.1
194,506 (2) VICI Properties, Inc. 5,806,004 0.1
32,144 (2) Vornado Realty Trust 744,455 0.0
93,897   Welltower, Inc. 6,039,455 0.1
150,373   Weyerhaeuser Co. 4,294,653 0.1
      171,032,250 2.7
       
    Utilities: 2.9%
134,894   AES Corp. 3,048,604 0.0
50,659   Alliant Energy Corp. 2,684,420 0.0
52,156   Ameren Corp. 4,201,166 0.1
104,102   American Electric Power Co., Inc. 8,999,618 0.1
36,710   American Water Works Co., Inc. 4,778,174 0.1
28,348 (2) Atmos Energy Corp. 2,887,244 0.0
127,135   Centerpoint Energy, Inc. 3,582,664 0.1
58,600   CMS Energy Corp. 3,412,864 0.1

 

 

 

 

Voya U.S. Stock Index Portfolio PORTFOLIO OF INVESTMENTS
As of September 30, 2022 (Unaudited) (Continued)

 

Shares     Value Percentage
of Net
Assets
COMMON STOCK: (continued)
    Utilities: (continued)
71,852   Consolidated Edison, Inc. $   6,162,027 0.1
65,986   Constellation Energy Corp. 5,489,375 0.1
168,697   Dominion Energy, Inc. 11,658,650 0.2
39,131   DTE Energy Co. 4,502,022 0.1
156,026   Duke Energy Corp. 14,513,539 0.2
76,994   Edison International 4,356,321 0.1
41,077   Entergy Corp. 4,133,578 0.1
46,350   Evergy, Inc. 2,753,190 0.0
70,203   Eversource Energy 5,473,026 0.1
200,968   Exelon Corp. 7,528,261 0.1
109,997   FirstEnergy Corp. 4,069,889 0.1
398,140   NextEra Energy, Inc. 31,218,157 0.5
81,963   NiSource, Inc. 2,064,648 0.0
47,926   NRG Energy, Inc. 1,834,128 0.0
22,824   Pinnacle West Capital Corp. 1,472,376 0.0
148,637   PPL Corp. 3,767,948 0.1
100,840   Public Service Enterprise Group, Inc. 5,670,233 0.1
63,691   Sempra Energy 9,549,829 0.1
215,405   Southern Co. 14,647,540 0.2
63,711   WEC Energy Group, Inc. 5,697,675 0.1
110,842   Xcel Energy, Inc. 7,093,888 0.1
      187,251,054 2.9
       
  Total Common Stock  
  (Cost $4,240,173,307) 6,103,302,825 96.1
     
Principal
Amount†
    Value Percentage
of Net
Assets
SHORT-TERM INVESTMENTS: 4.7%
    Repurchase Agreements: 0.8%
 11,453,791 (3) Cantor Fitzgerald Securities, Repurchase Agreement dated 09/30/22, 3.05%, due 10/03/22 (Repurchase Amount $11,456,662, collateralized by various U.S. Government/U.S. Government Agency Obligations, 0.000%-9.000%, Market Value plus accrued interest $11,682,867, due 11/01/22-08/20/72) $ 11,453,791 0.2
5,762,270 (3) Citadel Securities LLC, Repurchase Agreement dated 09/30/22, 3.06%, due 10/03/22 (Repurchase Amount $5,763,719, collateralized by various U.S. Government Securities, 0.000%-7.625%, Market Value plus accrued interest $5,879,025, due 10/15/22-08/15/52) 5,762,270 0.1
 6,988,606 (3) Citigroup, Inc., Repurchase Agreement dated 09/30/22, 2.98%, due 10/03/22 (Repurchase Amount $6,990,318, collateralized by various U.S. Government Securities, 0.000%-4.250%, Market Value plus accrued interest $7,128,378, due 01/26/23-05/15/48)   6,988,606 0.1
 3,434,024 (3) Mirae Asset Securities USA Inc., Repurchase Agreement dated 09/30/22, 3.08%, due 10/03/22 (Repurchase Amount $3,434,893, collateralized by various U.S. Government Agency Obligations, 0.550%-8.000%, Market Value plus accrued interest $3,503,603, due 11/01/22-08/20/72) 3,434,024 0.1
15,957,905 (3) RBC Dominion Securities Inc., Repurchase Agreement dated 09/30/22, 3.04%, due 10/03/22 (Repurchase Amount $15,961,892, collateralized by various U.S. Government/U.S. Government Agency Obligations, 0.000%-6.000%, Market Value plus accrued interest $16,277,063, due 08/15/25-08/20/52) 15,957,905 0.2
8,400,190 (3) State of Wisconsin Investment Board, Repurchase Agreement dated 09/30/22, 3.04%, due 10/03/22 (Repurchase Amount $8,402,289, collateralized by various U.S. Government Securities, 0.125%-3.875%, Market Value plus accrued interest $8,568,402, due 10/15/24-02/15/51) 8,400,190 0.1
     
  Total Repurchase Agreements  
  (Cost $51,996,786) 51,996,786 0.8
     
    Time Deposits: 0.3%
1,610,000 (3) Barclays Bank PLC, 3.090%, 10/03/2022 1,610,000 0.0

 

 

 

 

Voya U.S. Stock Index Portfolio PORTFOLIO OF INVESTMENTS
As of September 30, 2022 (Unaudited) (Continued)

 

Principal
Amount†
    Value Percentage
of Net
Assets
SHORT-TERM INVESTMENTS: (continued)
    Time Deposits (continued)
1,320,000 (3) Canadian Imperial Bank of Commerce, 3.030%, 10/03/2022 $   1,320,000 0.0
1,460,000 (3) Credit Agricole, 3.060%, 10/03/2022 1,460,000 0.0
1,480,000 (3) Landesbank Baden-Wurttemberg, 3.070%, 10/03/2022 1,480,000 0.0
1,480,000 (3) Mizuho Bank Ltd., 3.070%, 10/03/2022 1,480,000 0.0
1,290,000 (3) National Australia Bank Ltd., 3.050%, 10/03/2022 1,290,000 0.0
1,660,000 (3) Royal Bank of Canada, 3.070%, 10/03/2022 1,660,000 0.1
1,670,000 (3) Skandinaviska Enskilda Banken AB, 3.050%, 10/03/2022 1,670,000 0.1
1,330,000 (3) Societe Generale, 3.060%, 10/03/2022 1,330,000 0.0
1,650,000 (3) Svenska Handelsbanken AB, 3.000%, 10/03/2022 1,650,000 0.1
1,610,000 (3) Toronto-Dominion Bank, 3.060%, 10/03/2022 1,610,000 0.0
     
  Total Time Deposits  
  (Cost $16,560,000) 16,560,000 0.3

 

Shares     Value Percentage
of Net
Assets
    Mutual Funds: 3.6%
230,118,000 (4) Goldman Sachs Financial Square Government Fund - Institutional Shares, 2.930%    
    (Cost $230,118,000)   230,118,000   3.6
         
  Total Short-Term Investments    
  (Cost $298,674,786) 298,674,786   4.7
       
  Total Investments in Securities
(Cost $4,538,848,093)
$   6,401,977,611   100.8
  Liabilities in Excess of Other Assets     (48,073,104)   (0.8)
  Net Assets $   6,353,904,507   100.0

  

Unless otherwise indicated, principal amount is shown in USD.
 ADR American Depositary Receipt
(1) Non-income producing security.
(2) Security, or a portion of the security, is on loan.
(3) All or a portion of the security represents securities purchased with cash collateral received for securities on loan.
(4) Rate shown is the 7-day yield as of September 30, 2022.

 

 

 

 

Voya U.S. Stock Index Portfolio PORTFOLIO OF INVESTMENTS
As of September 30, 2022 (Unaudited) (Continued)

  

Fair Value Measurements

 

The following is a summary of the fair valuations according to the inputs used as of September 30, 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
September 30,
2022
 
Asset Table                    
Investments, at fair value                    
Common Stock                    
Communication Services  $492,772,827   $   $   $492,772,827 
Consumer Discretionary   715,372,375            715,372,375 
Consumer Staples   420,006,771            420,006,771 
Energy   277,552,078            277,552,078 
Financials   671,793,994            671,793,994 
Health Care   922,148,408            922,148,408 
Industrials   480,756,930            480,756,930 
Information Technology   1,608,753,498    2,619,864        1,611,373,362 
Materials   153,242,776                            –    153,242,776 
Real Estate   171,032,250            171,032,250 
Utilities   187,251,054            187,251,054 
Total Common Stock   6,100,682,961    2,619,864        6,103,302,825 
Short-Term Investments   230,118,000    68,556,786        298,674,786 
Total Investments, at fair value  $6,330,800,961   $71,176,650   $   $6,401,977,611 
Liabilities Table                    
Other Financial Instruments+                    
Futures  $(23,876,735)  $   $   $(23,876,735)
Total Liabilities  $(23,876,735)  $   $   $(23,876,735)

 

+ 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 September 30, 2022, the following futures contracts were outstanding for Voya U.S. Stock Index Portfolio:

 

Description  Number
of Contracts
  Expiration
Date
  Notional
Amount
   Unrealized
Appreciation/
(Depreciation)
 
Long Contracts:                
S&P 500® E-Mini  1,364  12/16/22  $245,622,300   $(23,876,735)
         $245,622,300   $(23,876,735)

 

 

 

 

Voya U.S. Stock Index Portfolio PORTFOLIO OF INVESTMENTS
As of September 30, 2022 (Unaudited) (Continued)

 

At September 30, 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 $4,563,048,027.

 

Net unrealized appreciation consisted of:    

 

Gross Unrealized Appreciation  $2,123,578,456 
Gross Unrealized Depreciation   (308,525,607)
      
Net Unrealized Appreciation  $1,815,052,849