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        <name>TRADEWEB MARKETS INC.</name>
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        <name>Mondelez International, Inc.</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>JAZZ PHARMACEUTICALS PUBLIC LIMITED COMPANY</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>BROOKFIELD RENEWABLE CORPORATION</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>L3HARRIS TECHNOLOGIES, INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>Liberty Global Ltd.</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>AMERICAN TOWER CORPORATION</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>NATIONAL STORAGE AFFILIATES TRUST</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>INTERNATIONAL PAPER COMPANY</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>RLI CORP.</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>BAXTER INTERNATIONAL INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>THE TIMKEN COMPANY</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>MONGODB, INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>FEDEX FREIGHT HOLDING COMPANY, INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>AMCOR PLC</name>
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        <fairValLevel>1</fairValLevel>
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        <name>CBRE GROUP, INC.</name>
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        <name>Somnigroup International Inc.</name>
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        <name>ZILLOW GROUP, INC.</name>
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        <name>UNIVERSAL DISPLAY CORPORATION</name>
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        <name>LOUISIANA-PACIFIC CORPORATION</name>
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        <name>INTEL CORPORATION</name>
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        <name>APPLIED INDUSTRIAL TECHNOLOGIES, INC.</name>
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        <name>WHIRLPOOL CORPORATION</name>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <name>Qiagen N.V.</name>
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        <title>QIAGEN NV COM</title>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>CITIGROUP INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>Regal Rexnord Corporation</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>AON PUBLIC LIMITED COMPANY</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>MEDTRONIC PUBLIC LIMITED COMPANY</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>DIGITAL REALTY TRUST, INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>VONTIER CORPORATION</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>Markel Group Inc.</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>PAYLOCITY HOLDING CORPORATION</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>HUNTINGTON INGALLS INDUSTRIES, INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>NEXSTAR MEDIA GROUP, INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>WEX INC.</name>
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        <name>LIBERTY LIVE HOLDINGS, INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>LIBERTY MEDIA CORP - FORMULA ONE GROUP</name>
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        <name>US FOODS HOLDING CORP.</name>
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        <name>SBA COMMUNICATIONS CORPORATION</name>
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        <name>ZOOM COMMUNICATIONS, INC.</name>
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        <name>TENET HEALTHCARE CORPORATION</name>
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        <name>CLEARWAY ENERGY, INC.</name>
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        <name>CHURCH &amp; DWIGHT CO., INC.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>THE CLOROX COMPANY</name>
        <lei>54930044KVSC06Z79I06</lei>
        <title>CLOROX CO</title>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>RESMED INC.</name>
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        <name>Truist Financial Corporation</name>
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        <name>PTC INC.</name>
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        <name>VULCAN MATERIALS COMPANY</name>
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        <name>NewMarket Corporation</name>
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        <name>NEXTPOWER INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>IRIDIUM COMMUNICATIONS INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>Northrop Grumman Corporation</name>
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        <fairValLevel>1</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>GRACO INC.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>FIVE BELOW, INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>ADT INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>TTM TECHNOLOGIES, INC.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>METTLER-TOLEDO INTERNATIONAL INC.</name>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <name>SEABOARD CORPORATION</name>
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        <name>KKR &amp; CO. INC.</name>
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        <name>UNITY SOFTWARE INC.</name>
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        <name>MOLSON COORS BEVERAGE COMPANY</name>
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        <name>CRH PUBLIC LIMITED COMPANY</name>
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        <name>SAILPOINT, INC.</name>
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        <name>MATCH GROUP, INC.</name>
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        <name>HONEYWELL INTERNATIONAL INCORPORATION</name>
        <lei>ISRPG12PN4EIEOEMW547</lei>
        <title>HONEYWELL INTERNATIONAL INC</title>
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        <name>STATE STREET CORPORATION</name>
        <lei>549300ZFEEJ2IP5VME73</lei>
        <title>STATE STREET CORP</title>
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        <fairValLevel>1</fairValLevel>
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        <name>ONTO INNOVATION INC.</name>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <name>BIOMARIN PHARMACEUTICAL INC.</name>
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        <name>Coherent Corp.</name>
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        <name>Restaurant Brands International Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>THE GAP, INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>LyondellBasell Industries N.V.</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>THE TORO COMPANY</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>MCDONALD'S CORPORATION</name>
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        <name>CVS HEALTH CORPORATION</name>
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        <name>WILLIS TOWERS WATSON PUBLIC LIMITED COMPANY</name>
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        <name>CUMMINS INC.</name>
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        <name>DEVON ENERGY CORPORATION</name>
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        <name>BROWN-FORMAN CORPORATION</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
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        <name>APTIV PLC</name>
        <lei>N/A</lei>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>THE KROGER CO.</name>
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        <name>CCC INTELLIGENT SOLUTIONS HOLDINGS INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>ECOLAB INC.</name>
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        <name>THOR INDUSTRIES, INC.</name>
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        <name>Carnival Corporation Ltd.</name>
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        <name>THE AES CORPORATION</name>
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        <name>ALBERTSONS COMPANIES, INC.</name>
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        <name>SLB N.V.</name>
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        <name>PRINCIPAL FINANCIAL GROUP, INC.</name>
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        <name>THE WESTERN UNION COMPANY</name>
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        <name>EQUINIX, INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
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        <name>IONQ Inc</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>ROKU, INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>FORTIVE CORPORATION</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>ROPER TECHNOLOGIES, INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>STIFEL FINANCIAL CORP.</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>DOLBY LABORATORIES, INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>ACCENTURE PUBLIC LIMITED COMPANY</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>HECLA MINING COMPANY</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>TOPBUILD CORP.</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>INTUIT INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>GLOBE LIFE INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>VERTEX PHARMACEUTICALS INCORPORATED</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>MONSTER BEVERAGE CORPORATION</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>SCHNEIDER NATIONAL, INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>TEXTRON INC.</name>
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        <name>VOYA FINANCIAL, INC.</name>
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        <name>ALLEGION PUBLIC LIMITED COMPANY</name>
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        <name>LIBERTY BROADBAND CORPORATION</name>
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        <name>ALLISON TRANSMISSION HOLDINGS, INC.</name>
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        <name>CENTERPOINT ENERGY, INC.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>NOV INC.</name>
        <lei>549300EHF3IW1AR6U008</lei>
        <title>NOV INC</title>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>EASTGROUP PROPERTIES, INC.</name>
        <lei>31TIGQQZC4P6JMHKSW85</lei>
        <title>EASTGROUP PROPERTIES INC</title>
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        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>OMNICOM GROUP INC.</name>
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        <name>Dreyfus Treasury Securities Cash Management; Institutional Shares</name>
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        <pctVal>0.026215341091</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="169743.42000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GEN DIGITAL INC.</name>
        <lei>YF6ZV0M6AU4FY94MK914</lei>
        <title>GEN DIGITAL INC</title>
        <cusip>668771108</cusip>
        <identifiers>
          <isin value="US6687711084"/>
          <other otherDesc="Internal" value="668771108"/>
        </identifiers>
        <balance>9418.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>234414.02000000</valUSD>
        <pctVal>0.035037912945</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HALLIBURTON COMPANY</name>
        <lei>ENYF8GB5SMQZ25S06U51</lei>
        <title>HALLIBURTON CO</title>
        <cusip>406216101</cusip>
        <identifiers>
          <isin value="US4062161017"/>
          <other otherDesc="Internal" value="406216101"/>
        </identifiers>
        <balance>15410.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>523169.50000000</valUSD>
        <pctVal>0.078198255364</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BATH &amp; BODY WORKS, INC.</name>
        <lei>GR3KVMWVCR54YWQNXU90</lei>
        <title>BATH BODY WORKS INC</title>
        <cusip>070830104</cusip>
        <identifiers>
          <isin value="US0708301041"/>
          <other otherDesc="Internal" value="070830104"/>
        </identifiers>
        <balance>3524.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>81510.12000000</valUSD>
        <pctVal>0.012183334805</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <signature>
      <ncom:dateSigned>2026-07-30</ncom:dateSigned>
      <ncom:nameOfApplicant>Allianz Variable Insurance Products Trust</ncom:nameOfApplicant>
      <ncom:signature>Monique Labbe</ncom:signature>
      <ncom:signerName>Monique Labbe</ncom:signerName>
      <ncom:title>Treasurer - Principal Financial Officer</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
