Transamerica Large Core ESG
SCHEDULE OF INVESTMENTS
At July 31, 2026
(unaudited)
 
 
Shares
Value
COMMON STOCKS - 99.1% 
Aerospace & Defense - 2.4% 
Axon Enterprise, Inc. (A)
122
$  64,387
General Dynamics Corp.
3,604
1,381,845
Howmet Aerospace, Inc.
1,649
465,447
Northrop Grumman Corp.
787
426,932
Rocket Lab Corp. (A)
495
32,150
RTX Corp.
8,669
1,865,742
 
 
4,236,503
Air Freight & Logistics - 0.0% *
Expeditors International of Washington, Inc.
291
48,856
Automobiles - 0.9% 
General Motors Co.
8,605
764,641
Tesla, Inc. (A)
2,629
818,171
 
 
1,582,812
Banks - 4.9% 
Bank of America Corp.
47,060
2,915,367
Citigroup, Inc.
5,412
716,819
JPMorgan Chase & Co.
12,557
4,417,427
U.S. Bancorp
11,971
754,293
 
 
8,803,906
Beverages - 1.3% 
Coca-Cola Co.
27,171
2,379,908
Biotechnology - 2.2% 
AbbVie, Inc.
7,006
1,758,086
Amgen, Inc.
2,036
784,186
Gilead Sciences, Inc.
4,370
569,018
Vertex Pharmaceuticals, Inc. (A)
1,705
813,455
 
 
3,924,745
Broadline Retail - 3.0% 
Amazon.com, Inc. (A)
17,837
4,844,172
eBay, Inc.
5,253
598,895
 
 
5,443,067
Building Products - 0.9% 
Carrier Global Corp.
3,698
228,574
Johnson Controls International PLC
2,658
389,822
Trane Technologies PLC
2,393
1,088,695
 
 
1,707,091
Capital Markets - 2.9% 
Ameriprise Financial, Inc.
61
33,296
Bank of New York Mellon Corp.
4,332
677,222
Blackrock, Inc.
1,093
1,191,796
Cboe Global Markets, Inc.
496
153,874
CME Group, Inc.
1,404
375,977
Goldman Sachs Group, Inc.
784
798,410
Intercontinental Exchange, Inc.
292
44,524
Moody's Corp.
217
103,809
Morgan Stanley
3,823
804,436
S&P Global, Inc.
2,167
892,652
T. Rowe Price Group, Inc.
537
60,010
 
 
5,136,006
 
Shares
Value
COMMON STOCKS (continued)
Chemicals - 1.4% 
Ecolab, Inc.
2,826
$  784,582
Linde PLC
3,349
1,602,095
PPG Industries, Inc.
1,218
134,613
 
 
2,521,290
Communications Equipment - 1.6% 
Arista Networks, Inc. (A)
4,715
850,350
Ciena Corp. (A)
350
131,968
Cisco Systems, Inc.
16,452
1,908,267
Lumentum Holdings, Inc. (A)
15
10,709
 
 
2,901,294
Construction & Engineering - 0.3% 
Comfort Systems USA, Inc.
153
264,642
Quanta Services, Inc.
310
206,882
 
 
471,524
Construction Materials - 0.3% 
CRH PLC
6,350
603,314
Consumer Finance - 1.0% 
American Express Co.
3,575
1,202,094
Capital One Financial Corp.
2,630
549,696
 
 
1,751,790
Consumer Staples Distribution & Retail - 0.3% 
Target Corp.
3,311
478,406
Containers & Packaging - 0.1% 
International Paper Co.
3,645
148,825
Diversified Telecommunication Services - 1.8% 
AT&T, Inc.
52,563
1,222,090
Verizon Communications, Inc.
41,731
1,953,428
 
 
3,175,518
Electric Utilities - 1.8% 
Duke Energy Corp.
9,511
1,192,965
NextEra Energy, Inc.
15,113
1,313,622
PG&E Corp.
1,325
23,028
Southern Co.
8,246
779,577
 
 
3,309,192
Electrical Equipment - 1.1% 
Eaton Corp. PLC
2,059
854,897
GE Vernova, Inc.
1,075
1,064,561
Rockwell Automation, Inc.
35
16,803
 
 
1,936,261
Electronic Equipment, Instruments & Components - 0.4% 
Corning, Inc.
2,702
373,551
Keysight Technologies, Inc. (A)
825
263,241
TE Connectivity PLC
607
124,854
 
 
761,646
Energy Equipment & Services - 0.5% 
Baker Hughes Co.
8,452
511,262
SLB Ltd.
6,109
302,945
 
 
814,207
Transamerica Funds
Page 1
Transamerica Large Core ESG
SCHEDULE OF INVESTMENTS (continued)
At July 31, 2026
(unaudited)
 
Shares
Value
COMMON STOCKS (continued)
Entertainment - 1.0% 
Electronic Arts, Inc.
8,600
$  1,804,796
Financial Services - 3.3% 
Apollo Global Management, Inc.
1,712
215,010
Mastercard, Inc., Class A
3,778
2,165,172
PayPal Holdings, Inc.
3,575
204,526
Visa, Inc., Class A
9,224
3,377,183
 
 
5,961,891
Ground Transportation - 1.2% 
Old Dominion Freight Line, Inc.
135
28,639
Uber Technologies, Inc. (A)
11,136
783,529
Union Pacific Corp.
4,392
1,283,035
 
 
2,095,203
Health Care Equipment & Supplies - 0.7% 
Becton Dickinson & Co.
454
75,191
Edwards Lifesciences Corp. (A)
2,964
255,112
IDEXX Laboratories, Inc. (A)
369
206,297
ResMed, Inc.
649
136,926
Stryker Corp.
1,736
565,415
 
 
1,238,941
Health Care Providers & Services - 1.2% 
Cardinal Health, Inc.
1,691
388,981
Cigna Group
1,622
452,619
Elevance Health, Inc.
2,307
867,063
Humana, Inc.
410
149,182
McKesson Corp.
353
302,235
 
 
2,160,080
Health Care REITs - 0.3% 
Welltower, Inc.
2,071
485,525
Health Care Technology - 0.3% 
Veeva Systems, Inc., Class A (A)
2,295
467,675
Hotels, Restaurants & Leisure - 1.6% 
Booking Holdings, Inc.
4,203
810,759
Chipotle Mexican Grill, Inc. (A)
9,470
352,473
Darden Restaurants, Inc.
355
72,271
Hilton Worldwide Holdings, Inc.
1,670
535,218
Las Vegas Sands Corp.
5,636
275,544
Starbucks Corp.
8,256
868,944
 
 
2,915,209
Household Durables - 0.4% 
D.R. Horton, Inc.
3,210
459,223
NVR, Inc. (A)
24
147,529
PulteGroup, Inc.
233
29,467
 
 
636,219
Household Products - 1.8% 
Church & Dwight Co., Inc.
93
9,189
Colgate-Palmolive Co.
3,026
276,274
Kimberly-Clark Corp.
3,586
391,986
Procter & Gamble Co.
17,846
2,578,568
 
 
3,256,017
 
Shares
Value
COMMON STOCKS (continued)
Industrial Conglomerates - 0.2% 
3M Co.
1,721
$  303,378
Industrial REITs - 0.5% 
Prologis, Inc.
6,482
937,362
Insurance - 1.2% 
Chubb Ltd.
2,562
898,442
Hartford Insurance Group, Inc.
3,636
515,985
Marsh & McLennan Cos., Inc.
499
94,655
Progressive Corp.
3,168
669,779
 
 
2,178,861
Interactive Media & Services - 6.0% 
Alphabet, Inc., Class A
14,212
5,061,320
Alphabet, Inc., Class C
10,039
3,580,409
Meta Platforms, Inc., Class A
3,879
2,159,478
 
 
10,801,207
IT Services - 0.9% 
Accenture PLC, Class A
4,211
698,689
International Business Machines Corp.
4,034
902,204
 
 
1,600,893
Leisure Products - 0.1% 
YETI Holdings, Inc. (A)
2,557
125,140
Life Sciences Tools & Services - 0.7% 
Agilent Technologies, Inc.
517
71,537
Danaher Corp.
4,644
905,487
IQVIA Holdings, Inc. (A)
316
74,266
Waters Corp. (A)
386
145,642
 
 
1,196,932
Machinery - 2.0% 
Caterpillar, Inc.
1,970
1,605,175
Cummins, Inc.
1,839
1,166,294
Deere & Co.
439
260,182
PACCAR, Inc.
829
109,992
Parker-Hannifin Corp.
494
482,406
Xylem, Inc.
75
8,773
 
 
3,632,822
Metals & Mining - 0.6% 
Newmont Corp.
8,913
835,237
Nucor Corp.
1,201
309,006
 
 
1,144,243
Multi-Utilities - 0.3% 
Consolidated Edison, Inc.
147
16,001
Public Service Enterprise Group, Inc.
4,142
317,608
Sempra
2,063
182,679
 
 
516,288
Oil, Gas & Consumable Fuels - 3.2% 
ConocoPhillips
18,554
2,235,386
Devon Energy Corp.
1,369
61,783
EOG Resources, Inc.
5,567
827,757
Kinder Morgan, Inc.
15,376
494,800
Marathon Petroleum Corp.
1,190
376,599
Transamerica Funds
Page 2
Transamerica Large Core ESG
SCHEDULE OF INVESTMENTS (continued)
At July 31, 2026
(unaudited)
 
Shares
Value
COMMON STOCKS (continued)
Oil, Gas & Consumable Fuels (continued)
Occidental Petroleum Corp.
2,660
$  151,806
Phillips 66
256
54,190
Targa Resources Corp.
106
28,659
Texas Pacific Land Corp.
280
112,723
Valero Energy Corp.
1,952
610,781
Williams Cos., Inc.
10,742
768,483
 
 
5,722,967
Passenger Airlines - 0.3% 
Delta Air Lines, Inc.
7,177
627,557
Personal Care Products - 0.0% *
Estee Lauder Cos., Inc., Class A
78
6,544
Pharmaceuticals - 3.7% 
Bristol-Myers Squibb Co.
7,499
489,760
Eli Lilly & Co.
3,191
3,665,948
Merck & Co., Inc.
12,940
1,684,788
Pfizer, Inc.
31,987
799,995
Zoetis, Inc.
747
57,736
 
 
6,698,227
Professional Services - 0.9% 
Automatic Data Processing, Inc.
6,335
1,688,024
Broadridge Financial Solutions, Inc.
96
14,779
 
 
1,702,803
Semiconductors & Semiconductor Equipment - 18.2% 
Advanced Micro Devices, Inc. (A)
4,972
2,367,418
Analog Devices, Inc.
1,444
530,540
Applied Materials, Inc.
2,907
1,475,797
Broadcom, Inc.
14,741
5,738,376
First Solar, Inc. (A)
197
41,573
Intel Corp. (A)
14,553
1,312,681
KLA Corp.
4,327
791,062
Lam Research Corp.
4,706
1,378,952
Marvell Technology, Inc.
3,009
564,368
Micron Technology, Inc.
3,374
2,776,903
Monolithic Power Systems, Inc.
52
74,153
NVIDIA Corp.
70,747
14,202,460
NXP Semiconductors NV
711
162,933
QUALCOMM, Inc.
3,469
512,059
Texas Instruments, Inc.
2,790
769,315
 
 
32,698,590
Software - 10.0% 
Adobe, Inc. (A)
3,094
774,769
Autodesk, Inc. (A)
1,017
238,181
Cadence Design Systems, Inc. (A)
1,492
507,310
Datadog, Inc., Class A (A)
939
251,624
Fortinet, Inc. (A)
2,529
409,572
Intuit, Inc.
1,697
536,371
Microsoft Corp.
24,795
11,522,732
Oracle Corp.
6,122
795,064
Palo Alto Networks, Inc. (A)
3,130
1,038,628
Salesforce, Inc.
5,050
929,301
 
Shares
Value
COMMON STOCKS (continued)
Software (continued)
ServiceNow, Inc. (A)
4,812
$  535,239
Synopsys, Inc. (A)
962
373,987
Workday, Inc., Class A (A)
427
68,465
 
 
17,981,243
Specialized REITs - 0.1% 
Digital Realty Trust, Inc.
684
128,948
Specialty Retail - 2.0% 
Best Buy Co., Inc.
1,645
141,898
Home Depot, Inc.
6,834
2,268,614
Lowe's Cos., Inc.
3,467
720,477
O'Reilly Automotive, Inc. (A)
1,257
112,313
Tractor Supply Co.
1,401
43,109
Williams-Sonoma, Inc.
1,630
372,716
 
 
3,659,127
Technology Hardware, Storage & Peripherals - 6.5% 
Apple, Inc.
29,610
9,146,825
Dell Technologies, Inc., Class C
1,155
468,202
Hewlett Packard Enterprise Co.
6,874
329,265
NetApp, Inc.
750
133,875
Sandisk Corp. (A)
177
215,025
Seagate Technology Holdings PLC
703
601,859
Western Digital Corp.
1,385
754,604
 
 
11,649,655
Textiles, Apparel & Luxury Goods - 0.3% 
Deckers Outdoor Corp. (A)
2,519
244,041
Lululemon Athletica, Inc. (A)
607
72,154
Ralph Lauren Corp.
563
214,131
Tapestry, Inc.
610
92,946
 
 
623,272
Tobacco - 0.3% 
Philip Morris International, Inc.
2,888
551,088
Trading Companies & Distributors - 0.2% 
United Rentals, Inc.
117
126,274
WW Grainger, Inc.
183
252,946
 
 
379,220
Total Common Stocks
(Cost $118,939,216)
 
178,024,084
EXCHANGE-TRADED FUND - 0.7% 
U.S. Equity Fund - 0.7% 
State Street SPDR S&P 500 ETF Trust (B)
1,626
1,214,671
Total Exchange-Traded Fund
(Cost $1,174,048)
 
1,214,671
Total Investments
(Cost $120,113,264)
179,238,755
Net Other Assets (Liabilities) - 0.2%
417,056
Net Assets - 100.0%
 $  179,655,811
Transamerica Funds
Page 3
Transamerica Large Core ESG
SCHEDULE OF INVESTMENTS (continued)
At July 31, 2026
(unaudited)
INVESTMENT VALUATION:
  
Valuation Inputs (C)
 
 
 
 
 
Level 1 -
Unadjusted
Quoted Prices
Level 2 -
Other Significant
Observable Inputs
Level 3 -
Significant
Unobservable Inputs
Value
ASSETS
Investments
Common Stocks
$178,024,084
$—
$—
$178,024,084
Exchange-Traded Fund
1,214,671
—
—
1,214,671
Total Investments
$179,238,755
$—
$—
$179,238,755
FOOTNOTES TO SCHEDULE OF INVESTMENTS: 
*
Percentage rounds to less than 0.1% or (0.1)%.
(A)
Non-income producing security.
(B)
The shareholder reports for SPDR ETFs can be found at the following location:
http://www.ssga.com/us/en/institutional/fund-finder?tab=documents&type=etfs.
(C)
There were no transfers in or out of Level 3 during the period ended July 31, 2026. Please reference the Investment Valuation section of the Notes to
Schedule of Investments for more information regarding investment valuation and pricing inputs.
PORTFOLIO ABBREVIATION(S): 
REIT
Real Estate Investment Trust
Transamerica Funds
Page 4
Transamerica Large Core ESG
NOTES TO SCHEDULE OF INVESTMENTS
At July 31, 2026
(unaudited)
INVESTMENT VALUATION
Transamerica Large Core ESG (the "Fund") is a series of the Transamerica Funds.
Transamerica Asset Management, Inc. (“TAM”) has been designated as the Fund's valuation designee pursuant to Rule 2a-5 under the Investment Company Act of 1940, as amended, with responsibility for fair valuation subject to oversight by the Fund's Board of Trustees. The net asset value of the Fund is computed as of the official close of the New York Stock Exchange (“NYSE”) each day the NYSE is open for business.
TAM utilizes various methods to measure the fair value of its investments on a recurring basis. Generally Accepted Accounting Principles in the United States of America establishes a hierarchy that prioritizes inputs to valuation methods. The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities. The three levels ("Levels") of inputs of the fair value hierarchy are defined as follows:
Level 1—Unadjusted quoted prices in active markets for identical securities.
Level 2—Inputs, other than quoted prices included in Level 1, which are observable, either directly or indirectly. These inputs may include quoted prices for the identical instrument on an inactive market, prices for similar instruments, interest rates, prepayment speeds, credit risk, yield curves, default rates, and similar data.
Level 3—Unobservable inputs based on the best information available in the circumstances, to the extent observable inputs are not available, which may include TAM's own assumptions used in determining the fair value of the Fund's investments.
The inputs used to measure fair value may fall into different Levels of the fair value hierarchy. In such cases, for disclosure purposes, the Level in the fair value hierarchy that is assigned to the fair value measurement of a security is determined based on the lowest Level input that is significant to the fair value measurement in its entirety. Certain investments that are measured at fair value using Net Asset Value per share, or its equivalent, using the "practical expedient" have not been classified in the fair value Levels. The hierarchy classification of inputs used to value the Fund's investments at July 31, 2026, is disclosed within the Investment Valuation section of the Schedule of Investments.
The availability of observable inputs can vary from security to security and is affected by a wide variety of factors, including, but not limited to, the type of security, whether the security is new and not yet established in the marketplace, the liquidity of markets, and other characteristics particular to the security. To the extent that valuation is based on models or inputs that are less observable or unobservable in the market, the determination of fair value requires more judgment. Accordingly, the degree of judgment exercised in determining fair value is generally greatest for instruments categorized in Level 3. Due to the inherent uncertainty of valuation, the determination of values may differ significantly from values that would have been realized had a ready market for investments existed, and the differences could be material.
Fair value measurements: Descriptions of the valuation techniques applied to the Fund's significant categories of assets and liabilities measured at fair value on a recurring basis are as follows:
Equity securities: Securities are stated at the last reported sales price or closing price on the day of valuation taken from the primary exchange where the security is principally traded. To the extent these securities are actively traded and valuation adjustments are not applied, they are categorized in Level 1 of the fair value hierarchy. Equities traded on inactive markets or valued by reference to similar instruments are generally categorized in Level 2 or Level 3 if inputs are unobservable.
Foreign equity securities: Securities in which the primary trading market closes at the same time or after the NYSE, are valued based on quotations from the primary market in which they are traded and are categorized in Level 1. Because many foreign securities markets and exchanges close prior to the close of the NYSE, closing prices for foreign securities in those markets or on those exchanges do not reflect the events that occur after that close. Certain foreign securities may be fair valued using a pricing service that considers the correlation of the trading patterns of the foreign security to the intraday trading in the U.S. markets for investments such as American Depositary Receipts, financial futures, or ETFs and the movement of certain indices of securities based on a statistical analysis of their historical relationship; such valuations generally are categorized in Level 2.
Exchange-traded funds ("ETF"): ETFs are stated at the last reported sale price or closing price on the day of valuation taken from the primary exchange where the ETF is principally traded. ETFs are generally categorized in Level 1 of the fair value hierarchy.
Transamerica Funds
Page 5