NPORT-EX 3 NPORT_ZW80_82827775_0922.htm
Quarterly Report
September 30, 2022
State Street Variable Insurance Series Funds, Inc.
State Street U.S. Equity V.I.S. Fund
Schedule of Investments
September 30, 2022 (Unaudited)
  Number
of Shares 		  Fair
Value
Common Stock - 99.3% †
Aerospace & Defense - 0.7%
Raytheon Technologies Corp. 1,603   $131,222
Apparel Retail - 1.1%
Ross Stores Inc. 2,533   213,456
Application Software - 2.4%
Adobe Inc. (a) 291   80,083
Intuit Inc. 112   43,380
Salesforce Inc. (a) 2,352   338,312
Splunk Inc. (a) 245   18,424
      480,199
Auto Parts & Equipment - 0.6%
Magna International Inc. 2,316   109,825
Automobile Manufacturers - 1.2%
Ford Motor Co. 9,355   104,776
Tesla Inc. (a) 456   120,954
      225,730
Automotive Retail - 0.9%
O'Reilly Automotive Inc. (a) 262   184,278
Biotechnology - 1.9%
BioMarin Pharmaceutical Inc. (a) 1,081   91,636
Seagen Inc. (a) 71   9,715
Vertex Pharmaceuticals Inc. (a) 904   261,744
      363,095
Building Products - 0.9%
Allegion PLC 525   47,082
Trane Technologies PLC 860   124,537
      171,619
Cable & Satellite - 0.6%
Charter Communications Inc., Class A (a) 128   38,829
Comcast Corp., Class A 2,533   74,293
      113,122
Communications Equipment - 0.1%
Cisco Systems Inc. 691   27,640
Construction Materials - 0.4%
Martin Marietta Materials Inc. 222   71,504
Data Processing & Outsourced Services - 5.0%
Fidelity National Information Services Inc. 2,702   204,190
Mastercard Inc., Class A 1,279   363,671
PayPal Holdings Inc. (a) 1,085   93,386
Visa Inc., Class A 1,792   318,349
      979,596
Diversified Banks - 0.8%
JPMorgan Chase & Co. 1,558   162,811
Diversified Support Services - 0.5%
Cintas Corp. 238   92,389
Electric Utilities - 2.1%
American Electric Power Company Inc. 865   74,779
  Number
of Shares 		  Fair
Value
NextEra Energy Inc. 4,400   $345,004
      419,783
Electrical Components & Equipment - 0.1%
Generac Holdings Inc. (a) 155   27,612
Electronic Components - 1.4%
Amphenol Corp., Class A 3,050   204,228
Corning Inc. 2,270   65,875
      270,103
Environmental & Facilities Services - 0.6%
Waste Management Inc. 761   121,920
Financial Exchanges & Data - 2.7%
CME Group Inc. 734   130,013
MSCI Inc. 219   92,372
S&P Global Inc. 1,033   315,427
      537,812
Footwear - 0.1%
NIKE Inc., Class B 187   15,543
Healthcare Equipment - 3.9%
Becton Dickinson & Co. 315   70,191
Boston Scientific Corp. (a) 6,989   270,684
IDEXX Laboratories Inc. (a) 300   97,740
Medtronic PLC 1,850   149,388
Stryker Corp. 465   94,181
Teleflex Inc. 416   83,807
      765,991
Healthcare Services - 0.3%
Cigna Corp. 237   65,760
Home Improvement Retail - 1.5%
Lowe's Companies Inc. 1,201   225,560
The Home Depot Inc. 236   65,122
      290,682
Hotels, Resorts & Cruise Lines - 0.4%
Marriott International Inc., Class A 566   79,319
Household Products - 1.3%
Colgate-Palmolive Co. 1,075   75,519
The Procter & Gamble Co. 1,478   186,597
      262,116
Hypermarkets & Super Centers - 1.2%
Costco Wholesale Corp. 147   69,424
Walmart Inc. 1,340   173,798
      243,222
Industrial Conglomerates - 1.5%
Honeywell International Inc. 1,721   287,355
Industrial Gases - 1.1%
Air Products & Chemicals Inc. 960   223,421
Industrial Machinery - 1.3%
Parker-Hannifin Corp. 1,038   251,518
Insurance Brokers - 0.3%
Marsh & McLennan Companies Inc. 414   61,806
 
See Notes to Schedule of Investments.
State Street U.S. Equity V.I.S. Fund 1
State Street U.S. Equity V.I.S. Fund
Schedule of Investments
September 30, 2022 (Unaudited)
  Number
of Shares 		  Fair
Value
Integrated Oil & Gas - 0.9%
Chevron Corp. 1,217   $174,846
Interactive Home Entertainment - 0.3%
Activision Blizzard Inc. 858   63,784
Interactive Media & Services - 5.8%
Alphabet Inc., Class C (a)(b) 1,194   114,803
Alphabet Inc., Class A (a) 7,976   762,905
Meta Platforms Inc., Class A (a) 1,943   263,626
      1,141,334
Internet & Direct Marketing Retail - 4.5%
Amazon.com Inc. (a)(b) 7,772   878,236
Investment Banking & Brokerage - 1.7%
The Charles Schwab Corp. 4,664   335,202
IT Consulting & Other Services - 0.4%
Accenture PLC, Class A 285   73,330
Life & Health Insurance - 0.1%
Lincoln National Corp. 539   23,667
Life Sciences Tools & Services - 1.2%
IQVIA Holdings Inc. (a) 1,328   240,554
Managed Healthcare - 2.9%
Humana Inc. 203   98,493
UnitedHealth Group Inc. 942   475,748
      574,241
Movies & Entertainment - 0.5%
The Walt Disney Co. (a) 1,015   95,745
Multi-Line Insurance - 0.3%
American International Group Inc. 1,260   59,825
Multi-Sector Holdings - 1.3%
Berkshire Hathaway Inc., Class B (a) 979   261,413
Multi-Utilities - 1.0%
Sempra Energy 1,273   190,874
Oil & Gas Equipment & Services - 0.8%
Schlumberger N.V. 4,382   157,314
Oil & Gas Exploration & Production - 3.2%
ConocoPhillips 4,731   484,171
Pioneer Natural Resources Co. 631   136,630
      620,801
Packaged Foods & Meats - 0.7%
Mondelez International Inc., Class A 2,427   133,072
Personal Products - 0.4%
The Estee Lauder Companies Inc., Class A 343   74,054
Pharmaceuticals - 5.8%
AstraZeneca PLC ADR 1,407   77,160
Bristol-Myers Squibb Co. 2,003   142,393
Elanco Animal Health Inc. (a) 1,702   21,122
Johnson & Johnson 3,162   516,544
  Number
of Shares 		  Fair
Value
Merck & Company Inc. 4,349   $374,536
      1,131,755
Property & Casualty Insurance - 1.3%
Chubb Ltd. 1,396   253,904
Railroads - 0.7%
Union Pacific Corp. 681   132,672
Regional Banks - 2.6%
First Republic Bank 2,211   288,646
SVB Financial Group (a) 675   226,652
      515,298
Restaurants - 0.7%
McDonald's Corp. 611   140,982
Semiconductor Equipment - 1.3%
Applied Materials Inc. 3,026   247,920
Semiconductors - 4.6%
Advanced Micro Devices Inc. (a) 4,536   287,401
NVIDIA Corp. 1,227   148,945
QUALCOMM Inc. 3,023   341,539
Texas Instruments Inc. 835   129,241
      907,126
Soft Drinks - 1.3%
Monster Beverage Corp. (a) 753   65,481
PepsiCo Inc. 1,125   183,667
      249,148
Specialized REITs - 1.5%
American Tower Corp. 1,366   293,280
Specialty Chemicals - 0.5%
DuPont de Nemours Inc. 1,043   52,567
Ecolab Inc. 288   41,593
      94,160
Systems Software - 7.6%
Microsoft Corp. 5,371   1,250,906
Oracle Corp. 1,165   71,146
ServiceNow Inc. (a) 429   161,995
      1,484,047
Technology Hardware, Storage & Peripherals - 5.9%
Apple Inc. 8,385   1,158,807
Trading Companies & Distributors - 1.4%
United Rentals Inc. (a) 1,022   276,063
Trucking - 0.0% *
Lyft Inc., Class A (a) 668   8,798
Wireless Telecommunication Services - 1.2%
T-Mobile US Inc. (a) 1,734   232,651
Total Common Stock
(Cost $14,987,102) 		    19,475,352
 
See Notes to Schedule of Investments.
2 State Street U.S. Equity V.I.S. Fund
State Street U.S. Equity V.I.S. Fund
Schedule of Investments
September 30, 2022 (Unaudited)
  Number
of Shares 		  Fair
Value
Short-Term Investments - 0.9%
State Street Institutional U.S. Government Money Market Fund - Class G Shares 2.98% (c)(d)
(Cost $180,163) 		180,163   $180,163
Total Investments
(Cost $15,167,265) 		    19,655,515
Liabilities in Excess of Other Assets, net - (0.2)%     (47,701)
NET ASSETS - 100.0%     $19,607,814
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) At September 30, 2022, all or a portion of this security was pledged to cover collateral requirements for futures .
(c) 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.
(d) Coupon amount represents effective yield.
† Percentages are based on net assets as of September 30, 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 September 30, 2022:
Investments   Level 1   Level 2   Level 3   Total
Investments in Securities                
Common Stock   $19,475,352   $—   $—   $19,475,352
Short-Term Investments   180,163   —   —   180,163
Total Investments in Securities   $19,655,515   $—   $—   $19,655,515
    
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
9/30/22 		  Value at
9/30/22 		  Dividend
Income
State Street Institutional U.S. Government Money Market Fund - Class G Shares 742,013   $742,013   $4,172,010   $4,733,860   $—   $—   180,163   $180,163   $3,931
See Notes to Schedule of Investments.
State Street U.S. Equity V.I.S. Fund 3
State Street S&P 500 Index V.I.S. Fund
Schedule of Investments
September 30, 2022 (Unaudited)
  Number
of Shares 		  Fair
Value
Common Stock - 99.8% †
Advertising - 0.1%
Omnicom Group Inc. 1,023   $64,541
The Interpublic Group of Companies Inc. 2,061   52,762
      117,303
Aerospace & Defense - 1.7%
General Dynamics Corp. 999   211,958
Howmet Aerospace Inc. 1,808   55,921
Huntington Ingalls Industries Inc. 200   44,300
L3Harris Technologies Inc. 915   190,164
Lockheed Martin Corp. 1,127   435,349
Northrop Grumman Corp. 702   330,165
Raytheon Technologies Corp. 6,874   562,706
Textron Inc. 1,023   59,600
The Boeing Co. (a) 2,648   320,620
TransDigm Group Inc. 248   130,155
      2,340,938
Agricultural & Farm Machinery - 0.3%
Deere & Co. 1,325   442,404
Agricultural Products - 0.2%
Archer-Daniels-Midland Co. 2,664   214,319
Air Freight & Logistics - 0.6%
CH Robinson Worldwide Inc. 652   62,794
Expeditors International of Washington Inc. 832   73,474
FedEx Corp. 1,136   168,662
United Parcel Service Inc., Class B 3,456   558,282
      863,212
Airlines - 0.2%
Alaska Air Group Inc. (a) 700   27,405
American Airlines Group Inc. (a) 3,511   42,272
Delta Air Lines Inc. (a) 2,886   80,981
Southwest Airlines Co. (a) 2,670   82,343
United Airlines Holdings Inc. (a) 1,624   52,829
      285,830
Alternative Carriers - 0.0% *
Lumen Technologies Inc. 4,737   34,485
Apparel Retail - 0.3%
Ross Stores Inc. 1,632   137,529
The TJX Companies Inc. 5,635   350,046
      487,575
Apparel, Accessories & Luxury Goods - 0.1%
Ralph Lauren Corp. 270   22,931
Tapestry Inc. 1,189   33,803
VF Corp. 1,441   43,101
      99,835
Application Software - 2.1%
Adobe Inc. (a) 2,219   610,669
ANSYS Inc. (a) 422   93,557
Autodesk Inc. (a) 1,020   190,536
Cadence Design Systems Inc. (a) 1,290   210,825
Ceridian HCM Holding Inc. (a) 666   37,216
  Number
of Shares 		  Fair
Value
Citrix Systems Inc. 584   $60,736
Intuit Inc. 1,338   518,234
Paycom Software Inc. (a) 203   66,988
PTC Inc. (a) 500   52,300
Roper Technologies Inc. 480   172,627
Salesforce Inc. (a) 4,621   664,685
Synopsys Inc. (a) 713   217,829
Tyler Technologies Inc. (a) 200   69,500
      2,965,702
Asset Management & Custody Banks - 0.7%
Ameriprise Financial Inc. 508   127,991
BlackRock Inc. 708   389,598
Franklin Resources Inc. 1,491   32,086
Invesco Ltd. 1,674   22,934
Northern Trust Corp. 920   78,715
State Street Corp. (b) 1,635   99,424
T Rowe Price Group Inc. 1,081   113,516
The Bank of New York Mellon Corp. 3,617   139,327
      1,003,591
Auto Parts & Equipment - 0.1%
Aptiv PLC (a) 1,265   98,936
BorgWarner Inc. 1,236   38,810
      137,746
Automobile Manufacturers - 2.7%
Ford Motor Co. 18,764   210,157
General Motors Co. 6,932   222,448
Tesla Inc. (a) 12,541   3,326,500
      3,759,105
Automotive Retail - 0.4%
Advance Auto Parts Inc. 304   47,527
AutoZone Inc. (a) 95   203,483
CarMax Inc. (a) 678   44,762
O'Reilly Automotive Inc. (a) 313   220,149
      515,921
Biotechnology - 2.2%
AbbVie Inc. 8,273   1,110,319
Amgen Inc. 2,522   568,459
Biogen Inc. (a) 657   175,419
Gilead Sciences Inc. 5,990   369,523
Incyte Corp. (a) 968   64,508
Moderna Inc. (a) 1,593   188,372
Regeneron Pharmaceuticals Inc. (a) 511   352,013
Vertex Pharmaceuticals Inc. (a) 1,217   352,370
      3,180,983
Brewers - 0.0% *
Molson Coors Beverage Co., Class B 810   38,872
Broadcasting - 0.1%
Fox Corp., Class A 1,530   46,940
Fox Corp., Class B 740   21,090
Paramount Global, Class B 2,036   38,766
      106,796
Building Products - 0.4%
A O Smith Corp. 607   29,488
Allegion PLC 398   35,693
 
See Notes to Schedule of Investments.
4 State Street S&P 500 Index V.I.S. Fund
State Street S&P 500 Index V.I.S. Fund
Schedule of Investments
September 30, 2022 (Unaudited)
  Number
of Shares 		  Fair
Value
Carrier Global Corp. 3,867   $137,510
Fortune Brands Home & Security Inc. 700   37,583
Johnson Controls International PLC 3,309   162,869
Masco Corp. 1,006   46,970
Trane Technologies PLC 1,047   151,616
      601,729
Cable & Satellite - 0.6%
Charter Communications Inc., Class A (a) 536   162,596
Comcast Corp., Class A 20,482   600,737
DISH Network Corp., Class A (a) 1,098   15,185
      778,518
Casinos & Gaming - 0.1%
Caesars Entertainment Inc. (a) 1,071   34,551
Las Vegas Sands Corp. (a) 1,739   65,247
MGM Resorts International 1,682   49,989
Wynn Resorts Ltd. (a) 481   30,317
      180,104
Commodity Chemicals - 0.2%
Dow Inc. 3,426   150,504
LyondellBasell Industries N.V., Class A 1,238   93,197
      243,701
Communications Equipment - 0.8%
Arista Networks Inc. (a) 1,158   130,726
Cisco Systems Inc. 19,293   771,720
F5 Inc. (a) 311   45,011
Juniper Networks Inc. 1,508   39,389
Motorola Solutions Inc. 772   172,905
      1,159,751
Computer & Electronics Retail - 0.0% *
Best Buy Company Inc. 860   54,472
Construction & Engineering - 0.1%
Quanta Services Inc. 715   91,084
Construction Machinery & Heavy Trucks - 0.5%
Caterpillar Inc. 2,437   399,863
Cummins Inc. 642   130,653
PACCAR Inc. 1,654   138,423
Westinghouse Air Brake Technologies Corp. 888   72,239
      741,178
Construction Materials - 0.1%
Martin Marietta Materials Inc. 288   92,762
Vulcan Materials Co. 613   96,676
      189,438
Consumer Electronics - 0.0% *
Garmin Ltd. 700   56,217
Consumer Finance - 0.5%
American Express Co. 2,863   386,247
Capital One Financial Corp. 1,870   172,358
Discover Financial Services 1,336   121,469
Synchrony Financial 2,466   69,517
      749,591
  Number
of Shares 		  Fair
Value
Copper - 0.1%
Freeport-McMoRan Inc. 6,962   $190,271
Data Processing & Outsourced Services - 3.1%
Automatic Data Processing Inc. 1,936   437,904
Broadridge Financial Solutions Inc. 562   81,108
Fidelity National Information Services Inc. 2,800   211,596
Fiserv Inc. (a) 2,976   278,464
FleetCor Technologies Inc. (a) 388   68,354
Global Payments Inc. 1,267   136,899
Jack Henry & Associates Inc. 349   63,612
Mastercard Inc., Class A 4,026   1,144,753
Paychex Inc. 1,510   169,437
PayPal Holdings Inc. (a) 5,508   474,074
Visa Inc., Class A 7,719   1,371,280
      4,437,481
Distillers & Vintners - 0.2%
Brown-Forman Corp., Class B 755   50,261
Constellation Brands Inc., Class A 740   169,963
      220,224
Distributors - 0.2%
Genuine Parts Co. 679   101,388
LKQ Corp. 1,238   58,372
Pool Corp. 200   63,642
      223,402
Diversified Banks - 2.7%
Bank of America Corp. 32,681   986,966
Citigroup Inc. 9,128   380,364
JPMorgan Chase & Co. 13,852   1,447,534
U.S. Bancorp 6,372   256,919
Wells Fargo & Co. 17,928   721,064
      3,792,847
Diversified Support Services - 0.2%
Cintas Corp. 415   161,099
Copart Inc. (a) 944   100,441
      261,540
Drug Retail - 0.1%
Walgreens Boots Alliance Inc. 3,410   107,074
Electric Utilities - 2.0%
Alliant Energy Corp. 1,156   61,256
American Electric Power Company Inc. 2,466   213,186
Constellation Energy Corp. 1,611   134,019
Duke Energy Corp. 3,657   340,174
Edison International 1,870   105,805
Entergy Corp. 900   90,567
Evergy Inc. 1,088   64,627
Eversource Energy 1,562   121,774
Exelon Corp. 4,557   170,705
FirstEnergy Corp. 2,559   94,683
NextEra Energy Inc. 9,244   724,822
NRG Energy Inc. 1,262   48,297
PG&E Corp. (a) 7,600   95,000
Pinnacle West Capital Corp. 489   31,545
PPL Corp. 3,455   87,584
The Southern Co. 5,014   340,952
 
See Notes to Schedule of Investments.
State Street S&P 500 Index V.I.S. Fund 5
State Street S&P 500 Index V.I.S. Fund
Schedule of Investments
September 30, 2022 (Unaudited)
  Number
of Shares 		  Fair
Value
Xcel Energy Inc. 2,501   $160,064
      2,885,060
Electrical Components & Equipment - 0.5%
AMETEK Inc. 1,093   123,957
Eaton Corporation PLC 1,901   253,517
Emerson Electric Co. 2,825   206,847
Generac Holdings Inc. (a) 324   57,717
Rockwell Automation Inc. 514   110,567
      752,605
Electronic Components - 0.2%
Amphenol Corp., Class A 2,803   187,689
Corning Inc. 3,647   105,836
      293,525
Electronic Equipment & Instruments - 0.2%
Keysight Technologies Inc. (a) 798   125,573
Teledyne Technologies Inc. (a) 223   75,256
Trimble Inc. (a) 1,259   68,326
Zebra Technologies Corp., Class A (a) 250   65,503
      334,658
Electronic Manufacturing Services - 0.1%
TE Connectivity Ltd. 1,460   161,126
Environmental & Facilities Services - 0.3%
Republic Services Inc. 992   134,952
Rollins Inc. 1,200   41,616
Waste Management Inc. 1,806   289,339
      465,907
Fertilizers & Agricultural Chemicals - 0.3%
CF Industries Holdings Inc. 949   91,341
Corteva Inc. 3,283   187,624
FMC Corp. 553   58,452
The Mosaic Co. 1,727   83,466
      420,883
Financial Exchanges & Data - 1.2%
Cboe Global Markets Inc. 438   51,408
CME Group Inc. 1,702   301,475
FactSet Research Systems Inc. 180   72,020
Intercontinental Exchange Inc. 2,691   243,132
MarketAxess Holdings Inc. 180   40,048
Moody's Corp. 764   185,736
MSCI Inc. 386   162,811
Nasdaq Inc. 1,728   97,943
S&P Global Inc. 1,601   488,866
      1,643,439
Food Distributors - 0.1%
Sysco Corp. 2,353   166,381
Food Retail - 0.1%
The Kroger Co. 2,948   128,975
Footwear - 0.4%
NIKE Inc., Class B 5,909   491,156
Gas Utilities - 0.1%
Atmos Energy Corp. 700   71,295
General Merchandise Stores - 0.5%
Dollar General Corp. 1,062   254,731
  Number
of Shares 		  Fair
Value
Dollar Tree Inc. (a) 961   $130,792
Target Corp. 2,159   320,374
      705,897
Gold - 0.1%
Newmont Corp. 3,799   159,672
Health Care REITs - 0.2%
Healthpeak Properties Inc. 2,669   61,173
Ventas Inc. 1,922   77,207
Welltower Inc. 2,144   137,902
      276,282
Healthcare Distributors - 0.3%
AmerisourceBergen Corp. 755   102,174
Cardinal Health Inc. 1,296   86,417
Henry Schein Inc. (a) 663   43,606
McKesson Corp. 697   236,889
      469,086
Healthcare Equipment - 2.6%
Abbott Laboratories 8,180   791,497
ABIOMED Inc. (a) 238   58,467
Baxter International Inc. 2,481   133,627
Becton Dickinson & Co. 1,328   295,918
Boston Scientific Corp. (a) 6,846   265,146
Dexcom Inc. (a) 1,892   152,382
Edwards Lifesciences Corp. (a) 2,931   242,189
Hologic Inc. (a) 1,062   68,520
IDEXX Laboratories Inc. (a) 400   130,320
Intuitive Surgical Inc. (a) 1,694   317,523
Medtronic PLC 6,271   506,383
ResMed Inc. 696   151,937
STERIS PLC 500   83,140
Stryker Corp. 1,584   320,823
Teleflex Inc. 222   44,724
Zimmer Biomet Holdings Inc. 987   103,191
      3,665,787
Healthcare Facilities - 0.2%
HCA Healthcare Inc. 1,045   192,061
Universal Health Services Inc., Class B 364   32,097
      224,158
Healthcare Services - 0.8%
Cigna Corp. 1,409   390,955
CVS Health Corp. 6,237   594,823
DaVita Inc. (a) 158   13,078
Laboratory Corporation of America Holdings 393   80,490
Quest Diagnostics Inc. 558   68,461
      1,147,807
Healthcare Supplies - 0.1%
Align Technology Inc. (a) 364   75,388
DENTSPLY SIRONA Inc. 977   27,698
The Cooper Companies Inc. 235   62,016
      165,102
Home Building - 0.2%
D.R. Horton Inc. 1,490   100,352
Lennar Corp., Class A 1,244   92,740
NVR Inc. (a) 15   59,806
 
See Notes to Schedule of Investments.
6 State Street S&P 500 Index V.I.S. Fund
State Street S&P 500 Index V.I.S. Fund
Schedule of Investments
September 30, 2022 (Unaudited)
  Number
of Shares 		  Fair
Value
PulteGroup Inc. 1,130   $42,375
      295,273
Home Furnishings - 0.0% *
Mohawk Industries Inc. (a) 275   25,077
Home Improvement Retail - 1.3%
Lowe's Companies Inc. 2,945   553,101
The Home Depot Inc. 4,845   1,336,929
      1,890,030
Hotel & Resort REITs - 0.0% *
Host Hotels & Resorts Inc. 3,617   57,438
Hotels, Resorts & Cruise Lines - 0.6%
Booking Holdings Inc. (a) 193   317,139
Carnival Corp. (a) 4,167   29,294
Expedia Group Inc. (a) 753   70,549
Hilton Worldwide Holdings Inc. 1,317   158,856
Marriott International Inc., Class A 1,297   181,762
Norwegian Cruise Line Holdings Ltd. (a) 2,096   23,811
Royal Caribbean Cruises Ltd. (a) 1,156   43,812
      825,223
Household Appliances - 0.0% *
Whirlpool Corp. 267   35,994
Household Products - 1.4%
Church & Dwight Company Inc. 1,069   76,369
Colgate-Palmolive Co. 3,946   277,207
Kimberly-Clark Corp. 1,594   179,389
The Clorox Co. 617   79,217
The Procter & Gamble Co. 11,218   1,416,272
      2,028,454
Housewares & Specialties - 0.0% *
Newell Brands Inc. 1,635   22,710
Human Resource & Employment Services - 0.0% *
Robert Half International Inc. 575   43,987
Hypermarkets & Super Centers - 1.3%
Costco Wholesale Corp. 2,075   979,960
Walmart Inc. 6,652   862,765
      1,842,725
Independent Power Producers & Energy Traders - 0.1%
The AES Corp. 3,256   73,586
Industrial Conglomerates - 0.8%
3M Co. 2,661   294,040
General Electric Co. 5,261   325,709
Honeywell International Inc. 3,166   528,627
      1,148,376
Industrial Gases - 0.6%
Air Products & Chemicals Inc. 1,056   245,763
Linde PLC (a) 2,341   631,110
      876,873
Industrial Machinery - 0.8%
Dover Corp. 706   82,306
Fortive Corp. 1,584   92,347
IDEX Corp. 340   67,949
  Number
of Shares 		  Fair
Value
Illinois Tool Works Inc. 1,362   $246,045
Ingersoll Rand Inc. 1,949   84,314
Nordson Corp. 237   50,308
Otis Worldwide Corp. 1,990   126,962
Parker-Hannifin Corp. 587   142,236
Pentair PLC 696   28,278
Snap-on Inc. 282   56,781
Stanley Black & Decker Inc. 649   48,811
Xylem Inc. 895   78,187
      1,104,524
Industrial REITs - 0.3%
Duke Realty Corp. 1,853   89,315
Prologis Inc. 3,527   358,343
      447,658
Insurance Brokers - 0.7%
Aon PLC, Class A 972   260,370
Arthur J Gallagher & Co. 927   158,721
Brown & Brown Inc. 1,145   69,250
Marsh & McLennan Companies Inc. 2,391   356,952
Willis Towers Watson PLC 494   99,264
      944,557
Integrated Oil & Gas - 2.2%
Chevron Corp. 8,466   1,216,310
Exxon Mobil Corp. 19,576   1,709,181
Occidental Petroleum Corp. 3,435   211,081
      3,136,572
Integrated Telecommunication Services - 0.9%
AT&T Inc. 33,053   507,033
Verizon Communications Inc. 19,620   744,971
      1,252,004
Interactive Home Entertainment - 0.3%
Activision Blizzard Inc. 3,228   239,970
Electronic Arts Inc. 1,278   147,877
Take-Two Interactive Software Inc. (a) 736   80,224
      468,071
Interactive Media & Services - 4.8%
Alphabet Inc., Class C (a)(c) 25,133   2,416,538
Alphabet Inc., Class A (a) 28,289   2,705,843
Match Group Inc. (a) 1,240   59,210
Meta Platforms Inc., Class A (a) 10,724   1,455,032
Twitter Inc. (a) 2,951   129,372
      6,765,995
Internet & Direct Marketing Retail - 3.4%
Amazon.com Inc. (a) 41,692   4,711,196
eBay Inc. 2,497   91,915
Etsy Inc. (a) 600   60,078
      4,863,189
Internet Services & Infrastructure - 0.1%
Akamai Technologies Inc. (a) 794   63,774
VeriSign Inc. (a) 453   78,686
      142,460
Investment Banking & Brokerage - 1.1%
Morgan Stanley 6,257   494,366
Raymond James Financial Inc. 937   92,594
 
See Notes to Schedule of Investments.
State Street S&P 500 Index V.I.S. Fund 7
State Street S&P 500 Index V.I.S. Fund
Schedule of Investments
September 30, 2022 (Unaudited)
  Number
of Shares 		  Fair
Value
The Charles Schwab Corp. 6,990   $502,371
The Goldman Sachs Group Inc. 1,604   470,052
      1,559,383
IT Consulting & Other Services - 1.1%
Accenture PLC, Class A 2,959   761,351
Cognizant Technology Solutions Corp., Class A 2,337   134,237
DXC Technology Co. (a) 1,002   24,529
EPAM Systems Inc. (a) 273   98,878
Gartner Inc. (a) 383   105,972
International Business Machines Corp. 4,179   496,507
      1,621,474
Leisure Products - 0.0% *
Hasbro Inc. 692   46,655
Life & Health Insurance - 0.5%
Aflac Inc. 2,819   158,428
Globe Life Inc. 457   45,563
Lincoln National Corp. 863   37,894
MetLife Inc. 2,995   182,036
Principal Financial Group Inc. 1,011   72,944
Prudential Financial Inc. 1,791   153,632
      650,497
Life Sciences Tools & Services - 1.9%
Agilent Technologies Inc. 1,442   175,275
Bio-Rad Laboratories Inc., Class A (a) 100   41,714
Bio-Techne Corp. 200   56,800
Charles River Laboratories International Inc. (a) 226   44,477
Danaher Corp. 3,023   780,810
Illumina Inc. (a) 744   141,948
IQVIA Holdings Inc. (a) 900   163,026
Mettler-Toledo International Inc. (a) 108   117,085
PerkinElmer Inc. 600   72,198
Thermo Fisher Scientific Inc. 1,857   941,852
Waters Corp. (a) 268   72,234
West Pharmaceutical Services Inc. 347   85,390
      2,692,809
Managed Healthcare - 2.3%
Centene Corp. (a) 2,719   211,565
Elevance Health Inc. 1,149   521,922
Humana Inc. 584   283,351
Molina Healthcare Inc. (a) 252   83,120
UnitedHealth Group Inc. 4,394   2,219,146
      3,319,104
Metal & Glass Containers - 0.1%
Ball Corp. 1,464   70,740
Movies & Entertainment - 1.0%
Live Nation Entertainment Inc. (a) 639   48,590
Netflix Inc. (a) 2,026   477,001
The Walt Disney Co. (a) 8,510   802,748
Warner Bros Discovery Inc. (a) 10,794   124,131
      1,452,470
  Number
of Shares 		  Fair
Value
Multi-Line Insurance - 0.2%
American International Group Inc. 3,468   $164,660
Assurant Inc. 252   36,608
The Hartford Financial Services Group Inc. 1,555   96,317
      297,585
Multi-Sector Holdings - 1.6%
Berkshire Hathaway Inc., Class B (a) 8,447   2,255,518
Multi-Utilities - 0.9%
Ameren Corp. 1,242   100,043
CenterPoint Energy Inc. 2,964   83,525
CMS Energy Corp. 1,449   84,390
Consolidated Edison Inc. 1,720   147,507
Dominion Energy Inc. 3,862   266,903
DTE Energy Co. 902   103,775
NiSource Inc. 2,025   51,010
Public Service Enterprise Group Inc. 2,307   129,723
Sempra Energy 1,421   213,065
WEC Energy Group Inc. 1,435   128,332
      1,308,273
Office REITs - 0.1%
Alexandria Real Estate Equities Inc. 700   98,133
Boston Properties Inc. 678   50,829
Vornado Realty Trust 811   18,783
      167,745
Oil & Gas Equipment & Services - 0.3%
Baker Hughes Co. 4,506   94,446
Halliburton Co. 4,215   103,773
Schlumberger N.V. 6,604   237,084
      435,303
Oil & Gas Exploration & Production - 1.3%
APA Corp. 1,609   55,012
ConocoPhillips 6,053   619,464
Coterra Energy Inc. 3,758   98,159
Devon Energy Corp. 2,946   177,143
Diamondback Energy Inc. 794   95,645
EOG Resources Inc. 2,734   305,470
EQT Corp. 1,700   69,275
Hess Corp. 1,291   140,706
Marathon Oil Corp. 3,139   70,878
Pioneer Natural Resources Co. 1,083   234,502
      1,866,254
Oil & Gas Refining & Marketing - 0.4%
Marathon Petroleum Corp. 2,307   229,154
Phillips 66 2,160   174,355
Valero Energy Corp. 1,888   201,733
      605,242
Oil & Gas Storage & Transportation - 0.3%
Kinder Morgan Inc. 9,505   158,163
ONEOK Inc. 2,165   110,934
The Williams Companies Inc. 5,655   161,903
      431,000
Packaged Foods & Meats - 1.0%
Campbell Soup Co. 1,076   50,701
 
See Notes to Schedule of Investments.
8 State Street S&P 500 Index V.I.S. Fund
State Street S&P 500 Index V.I.S. Fund
Schedule of Investments
September 30, 2022 (Unaudited)
  Number
of Shares 		  Fair
Value
Conagra Brands Inc. 2,363   $77,105
General Mills Inc. 2,865   219,487
Hormel Foods Corp. 1,297   58,936
Kellogg Co. 1,186   82,617
Lamb Weston Holdings Inc. 568   43,952
McCormick & Company Inc. 1,210   86,237
Mondelez International Inc., Class A 6,399   350,857
The Hershey Co. 663   146,171
The J M Smucker Co. 459   63,071
The Kraft Heinz Co. 3,317   110,622
Tyson Foods Inc., Class A 1,387   91,445
      1,381,201
Paper Packaging - 0.2%
Amcor PLC 6,636   71,204
Avery Dennison Corp. 351   57,108
International Paper Co. 1,599   50,688
Packaging Corp. of America 446   50,081
Sealed Air Corp. 764   34,006
Westrock Co. 1,358   41,949
      305,036
Personal Products - 0.2%
The Estee Lauder Companies Inc., Class A 1,110   239,649
Pharmaceuticals - 4.6%
Bristol-Myers Squibb Co. 10,079   716,516
Catalent Inc. (a) 902   65,269
Eli Lilly & Co. 3,693   1,194,132
Johnson & Johnson 12,328   2,013,902
Merck & Company Inc. 11,902   1,025,000
Organon & Co. 1,206   28,220
Pfizer Inc. 26,290   1,150,451
Viatris Inc. 6,235   53,122
Zoetis Inc. 2,186   324,162
      6,570,774
Property & Casualty Insurance - 0.8%
Chubb Ltd. 1,915   348,300
Cincinnati Financial Corp. 723   64,759
Loews Corp. 1,024   51,036
The Allstate Corp. 1,308   162,886
The Progressive Corp. 2,734   317,718
The Travelers Companies Inc. 1,110   170,052
W R Berkley Corp. 1,017   65,678
      1,180,429
Publishing - 0.0% *
News Corp., Class A 2,096   31,671
News Corp., Class B 748   11,534
      43,205
Railroads - 0.7%
CSX Corp. 9,998   266,347
Norfolk Southern Corp. 1,045   219,084
Union Pacific Corp. 2,887   562,445
      1,047,876
Real Estate Services - 0.1%
CBRE Group Inc., Class A (a) 1,562   105,451
Regional Banks - 1.0%
Citizens Financial Group Inc. 2,100   72,156
Comerica Inc. 648   46,073
  Number
of Shares 		  Fair
Value
Fifth Third Bancorp. 3,184   $101,761
First Republic Bank 854   111,490
Huntington Bancshares Inc. 6,287   82,863
KeyCorp 3,987   63,872
M&T Bank Corp. 808   142,466
Regions Financial Corp. 4,494   90,194
Signature Bank 300   45,300
SVB Financial Group (a) 267   89,653
The PNC Financial Services Group Inc. 1,982   296,150
Truist Financial Corp. 6,394   278,395
Zions Bancorp NA 700   35,602
      1,455,975
Reinsurance - 0.0% *
Everest Re Group Ltd. 200   52,488
Research & Consulting Services - 0.4%
CoStar Group Inc. (a) 1,800   125,370
Equifax Inc. 590   101,144
Jacobs Solutions Inc. 548   59,453
Leidos Holdings Inc. 645   56,418
Nielsen Holdings PLC 1,799   49,868
Verisk Analytics Inc. 751   128,068
      520,321
Residential REITs - 0.4%
AvalonBay Communities Inc. 620   114,198
Camden Property Trust 500   59,725
Equity Residential 1,628   109,434
Essex Property Trust Inc. 286   69,278
Invitation Homes Inc. 2,500   84,425
Mid-America Apartment Communities Inc. 534   82,807
UDR Inc. 1,498   62,482
      582,349
Restaurants - 1.2%
Chipotle Mexican Grill Inc. (a) 133   199,867
Darden Restaurants Inc. 608   76,803
Domino's Pizza Inc. 182   56,456
McDonald's Corp. 3,456   797,437
Starbucks Corp. 5,468   460,734
Yum! Brands Inc. 1,356   144,197
      1,735,494
Retail REITs - 0.3%
Federal Realty Investment Trust 394   35,507
Kimco Realty Corp. 2,766   50,922
Realty Income Corp. 2,901   168,838
Regency Centers Corp. 820   44,157
Simon Property Group Inc. 1,554   139,472
      438,896
Semiconductor Equipment - 0.8%
Applied Materials Inc. 4,087   334,848
Enphase Energy Inc. (a) 600   166,482
KLA Corp. 666   201,552
Lam Research Corp. 660   241,560
SolarEdge Technologies Inc. (a) 271   62,726
Teradyne Inc. 677   50,876
      1,058,044
 
See Notes to Schedule of Investments.
State Street S&P 500 Index V.I.S. Fund 9
State Street S&P 500 Index V.I.S. Fund
Schedule of Investments
September 30, 2022 (Unaudited)
  Number
of Shares 		  Fair
Value
Semiconductors - 4.1%
Advanced Micro Devices Inc. (a) 7,659   $485,274
Analog Devices Inc. 2,431   338,736
Broadcom Inc. 1,897   842,287
Intel Corp. 19,374   499,268
Microchip Technology Inc. 2,549   155,566
Micron Technology Inc. 5,315   266,282
Monolithic Power Systems Inc. 206   74,860
NVIDIA Corp. 11,820   1,434,830
NXP Semiconductors N.V. 1,236   182,322
ON Semiconductor Corp. (a) 1,939   120,858
Qorvo Inc. (a) 532   42,246
QUALCOMM Inc. 5,294   598,116
Skyworks Solutions Inc. 794   67,704
Texas Instruments Inc. 4,323   669,114
      5,777,463
Soft Drinks - 1.7%
Keurig Dr Pepper Inc. 3,813   136,582
Monster Beverage Corp. (a) 1,737   151,049
PepsiCo Inc. 6,472   1,056,619
The Coca-Cola Co. 18,266   1,023,261
      2,367,511
Specialized REITs - 1.4%
American Tower Corp. 2,184   468,905
Crown Castle Inc. 2,067   298,785
Digital Realty Trust Inc. 1,355   134,389
Equinix Inc. 431   245,170
Extra Space Storage Inc. 664   114,679
Iron Mountain Inc. 1,483   65,208
Public Storage 726   212,580
SBA Communications Corp. 513   146,025
VICI Properties Inc. 4,524   135,041
Weyerhaeuser Co. 3,541   101,131
      1,921,913
Specialty Chemicals - 0.7%
Albemarle Corp. 541   143,062
Celanese Corp. 526   47,519
DuPont de Nemours Inc. 2,259   113,854
Eastman Chemical Co. 541   38,438
Ecolab Inc. 1,147   165,650
International Flavors & Fragrances Inc. 1,159   105,272
PPG Industries Inc. 1,124   124,415
The Sherwin-Williams Co. 1,110   227,272
      965,482
Specialty Stores - 0.2%
Bath & Body Works Inc. 1,292   42,119
Tractor Supply Co. 530   98,517
Ulta Beauty Inc. (a) 248   99,495
      240,131
Steel - 0.1%
Nucor Corp. 1,264   135,235
  Number
of Shares 		  Fair
Value
Systems Software - 6.4%
Fortinet Inc. (a) 3,006   $147,685
Microsoft Corp. 35,031   8,158,720
NortonLifeLock Inc. 2,772   55,828
Oracle Corp. 7,088   432,864
ServiceNow Inc. (a) 942   355,709
      9,150,806
Technology Distributors - 0.1%
CDW Corp. 600   93,648
Technology Hardware, Storage & Peripherals - 7.1%
Apple Inc. 71,040   9,817,728
Hewlett Packard Enterprise Co. 5,833   69,879
HP Inc. 4,029   100,403
NetApp Inc. 938   58,015
Seagate Technology Holdings PLC 1,002   53,337
Western Digital Corp. (a) 1,358   44,203
      10,143,565
Tobacco - 0.7%
Altria Group Inc. 8,612   347,752
Philip Morris International Inc. 7,261   602,736
      950,488
Trading Companies & Distributors - 0.2%
Fastenal Co. 2,665   122,697
United Rentals Inc. (a) 312   84,277
WW Grainger Inc. 207   101,262
      308,236
Trucking - 0.1%
JB Hunt Transport Services Inc. 354   55,372
Old Dominion Freight Line Inc. 449   111,698
      167,070
Water Utilities - 0.1%
American Water Works Company Inc. 817   106,341
Wireless Telecommunication Services - 0.3%
T-Mobile US Inc. (a) 2,815   377,689
Total Common Stock
(Cost $52,392,560) 		    141,795,634
Short-Term Investments - 0.3%
State Street Institutional Liquid Reserves Fund - Premier Class 3.01% (d)(e)
(Cost $433,956) 		433,911   433,998
Total Investments
(Cost $52,826,516) 		    142,229,632
Liabilities in Excess of Other Assets, net - (0.1)%     (174,860)
NET ASSETS - 100.0%     $142,054,772
 
See Notes to Schedule of Investments.
10 State Street S&P 500 Index V.I.S. Fund
State Street S&P 500 Index V.I.S. Fund
Schedule of Investments
September 30, 2022 (Unaudited)
 
Other Information:
The Fund had the following long futures contracts open at September 30, 2022:
    
Description   Expiration
Date 		  Number of
Contracts 		  Notional
Amount 		  Value   Unrealized
Appreciation
(Depreciation)
S&P 500 E-mini Index Futures   December 2022   3   $601,502   $540,225   $(61,277)
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) State Street Corp. is the parent company of SSGA Funds Management, Inc., the Fund's investment adviser and administrator, and State Street Bank & Trust Co., the Fund’s sub-administrator, custodian and accounting agent.
(c) At September 30, 2022, all or a portion of this security was pledged to cover collateral requirements for futures .
(d) 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.
(e) Coupon amount represents effective yield.
† Percentages are based on net assets as of September 30, 2022.
* Less than 0.05%.
    
Abbreviations:
REIT - Real Estate Investment Trust
The following table presents the Fund’s investments measured at fair value on a recurring basis at September 30, 2022:
Investments   Level 1   Level 2   Level 3   Total
Investments in Securities                
Common Stock   $141,734,898   $60,736   $—   $141,795,634
Short-Term Investments   433,998   —   —   433,998
Total Investments in Securities   $142,168,896   $60,736   $—   $142,229,632
Other Financial Instruments                
Long Futures Contracts - Unrealized Depreciation   (61,277)   —   —   (61,277)
Total Other Financial Instruments   $(61,277)   $—   $—   $(61,277)
    
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
9/30/22 		  Value at
9/30/22 		  Dividend
Income
State Street Corp. 1,906   $177,258   $11,428   $31,068   $3,795   $(61,989)   1,635   $99,424   $3,122
State Street Institutional Liquid Reserves Fund, Premier Class 741,439   741,513   20,438,623   20,746,487   306   43   433,911   433,998   6,955
TOTAL     $918,771   $20,450,051   $20,777,555   $4,101   $(61,946)       $533,422   $10,077
See Notes to Schedule of Investments.
State Street S&P 500 Index V.I.S. Fund 11
State Street Premier Growth Equity V.I.S. Fund
Schedule of Investments
September 30, 2022 (Unaudited)
  Number
of Shares 		  Fair
Value
Common Stock - 97.8% †
Apparel Retail - 1.7%
Ross Stores Inc. 5,093   $429,187
Application Software - 3.5%
Adobe Inc. (a) 1,248   343,450
Salesforce Inc. (a) 3,837   551,914
      895,364
Automobile Manufacturers - 1.2%
Tesla Inc. (a) 1,170   310,342
Biotechnology - 3.2%
BioMarin Pharmaceutical Inc. (a) 4,536   384,517
Vertex Pharmaceuticals Inc. (a) 1,452   420,412
      804,929
Cable & Satellite - 1.0%
Charter Communications Inc., Class A (a) 800   242,680
Data Processing & Outsourced Services - 9.3%
Fidelity National Information Services Inc. 3,812   288,073
Mastercard Inc., Class A 3,013   856,716
PayPal Holdings Inc. (a) 4,286   368,896
Visa Inc., Class A 4,822   856,628
      2,370,313
Financial Exchanges & Data - 1.6%
S&P Global Inc. 1,331   406,421
Healthcare Equipment - 2.9%
Boston Scientific Corp. (a) 12,343   478,044
IDEXX Laboratories Inc. (a) 769   250,540
      728,584
Home Improvement Retail - 1.8%
Lowe's Companies Inc. (b) 2,443   458,820
Industrial Conglomerates - 1.5%
Honeywell International Inc. 2,217   370,172
Industrial Machinery - 1.9%
Parker-Hannifin Corp. 1,961   475,170
Interactive Media & Services - 9.4%
Alphabet Inc., Class C (a)(b) 13,752   1,322,255
Alphabet Inc., Class A (a) 6,292   601,830
Meta Platforms Inc., Class A (a) 3,312   449,372
      2,373,457
Internet & Direct Marketing Retail - 8.6%
Amazon.com Inc. (a) 17,671   1,996,823
Chewy Inc., Class A (a) 6,193   190,249
      2,187,072
Investment Banking & Brokerage - 1.9%
The Charles Schwab Corp. 6,762   485,985
Life Sciences Tools & Services - 1.9%
IQVIA Holdings Inc. (a) 2,737   495,780
Managed Healthcare - 3.9%
UnitedHealth Group Inc. 1,940   979,778
  Number
of Shares 		  Fair
Value
Pharmaceuticals - 1.2%
AstraZeneca PLC ADR 5,768   $316,317
Regional Banks - 1.3%
First Republic Bank 2,589   337,994
Semiconductor Equipment - 1.8%
Applied Materials Inc. 5,733   469,705
Semiconductors - 6.5%
Advanced Micro Devices Inc. (a) 7,388   468,104
NVIDIA Corp. 3,622   439,675
QUALCOMM Inc. 6,532   737,985
      1,645,764
Soft Drinks - 2.1%
Monster Beverage Corp. (a) 6,084   529,065
Specialized REITs - 1.9%
American Tower Corp. 2,249   482,860
Systems Software - 13.9%
Microsoft Corp. 12,951   3,016,288
ServiceNow Inc. (a) 1,347   508,640
      3,524,928
Technology Hardware, Storage & Peripherals - 11.1%
Apple Inc. 20,313   2,807,257
Trading Companies & Distributors - 2.1%
United Rentals Inc. (a) 1,965   530,786
Trucking - 0.6%
Lyft Inc., Class A (a) 11,557   152,206
Total Common Stock
(Cost $17,043,956) 		    24,810,936
Short-Term Investments - 2.4%
State Street Institutional U.S. Government Money Market Fund - Class G Shares 2.98% (c)(d)
(Cost $599,823) 		599,823   599,823
Total Investments
(Cost $17,643,779) 		    25,410,759
Liabilities in Excess of Other Assets, net - (0.2)%     (41,167)
NET ASSETS - 100.0%     $25,369,592
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) At September 30, 2022, all or a portion of this security was pledged to cover collateral requirements for futures .
(c) 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.
 
See Notes to Schedule of Investments.
12 State Street Premier Growth Equity V.I.S. Fund
State Street Premier Growth Equity V.I.S. Fund
Schedule of Investments
September 30, 2022 (Unaudited)
 
(d) Coupon amount represents effective yield.
† Percentages are based on net assets as of September 30, 2022.
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 September 30, 2022:
Investments   Level 1   Level 2   Level 3   Total
Investments in Securities                
Common Stock   $24,810,936   $—   $—   $24,810,936
Short-Term Investments   599,823   —   —   599,823
Total Investments in Securities   $25,410,759   $—   $—   $25,410,759
    
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
9/30/22 		  Value at
9/30/22 		  Dividend
Income
State Street Institutional U.S. Government Money Market Fund - Class G Shares 820,187   $820,187   $5,263,170   $5,483,534   $—   $—   599,823   $599,823   $7,606
See Notes to Schedule of Investments.
State Street Premier Growth Equity V.I.S. Fund 13
State Street Small-Cap Equity V.I.S. Fund
Schedule of Investments
September 30, 2022 (Unaudited)
  Number
of Shares 		  Fair
Value
Common Stock - 95.2% †
Aerospace & Defense - 0.2%
Woodward Inc. 652   $52,330
Agricultural & Farm Machinery - 0.9%
AGCO Corp. 2,168   208,497
Agricultural Products - 1.4%
Darling Ingredients Inc. (a) 5,318   351,786
Airlines - 0.0% *
Allegiant Travel Co. (a) 87   6,349
Aluminum - 0.1%
Alcoa Corp. 592   19,927
Apparel Retail - 0.4%
American Eagle Outfitters Inc. 3,084   30,007
The Buckle Inc. 2,259   71,520
      101,527
Application Software - 5.0%
ACI Worldwide Inc. (a) 4,228   88,365
Altair Engineering Inc., Class A (a) 1,631   72,123
Asana Inc., Class A (a) 2,840   63,133
Blackbaud Inc. (a) 3,411   150,289
Blackline Inc. (a) 3,277   196,292
Envestnet Inc. (a) 1,220   54,168
Freshworks Inc., Class A Revenue (a) 8,620   111,801
New Relic Inc. (a) 3,030   173,862
Q2 Holdings Inc. (a) 3,610   116,242
Vertex Inc., Class A (a) 3,602   49,239
Workiva Inc. (a) 2,160   168,048
      1,243,562
Auto Parts & Equipment - 1.2%
Dana Inc. 4,145   47,377
Dorman Products Inc. (a) 2,726   223,859
LCI Industries 186   18,872
Modine Manufacturing Co. (a) 783   10,132
      300,240
Automobile Manufacturers - 0.7%
Thor Industries Inc. 2,557   178,939
Automotive Retail - 1.8%
America's Car-Mart Inc. (a) 421   25,689
Group 1 Automotive Inc. 745   106,438
Monro Inc. 1,069   46,459
Murphy USA Inc. 978   268,862
      447,448
Biotechnology - 1.0%
Avid Bioservices Inc. (a) 3,526   67,417
Emergent BioSolutions Inc. (a) 1,829   38,391
Halozyme Therapeutics Inc. (a) 1,144   45,234
Heron Therapeutics Inc. (a) 12,648   53,374
Veracyte Inc. (a) 2,790   46,314
      250,730
Brewers - 0.8%
The Boston Beer Company Inc., Class A (a) 623   201,634
  Number
of Shares 		  Fair
Value
Building Products - 1.4%
Armstrong World Industries Inc. 630   $49,915
CSW Industrials Inc. 930   111,414
Gibraltar Industries Inc. (a) 2,429   99,419
Hayward Holdings Inc. (a) 2,840   25,191
Insteel Industries Inc. 840   22,285
UFP Industries Inc. 519   37,451
      345,675
Commodity Chemicals - 0.2%
Hawkins Inc. 1,156   45,072
Communications Equipment - 0.1%
Cambium Networks Corp. (a) 1,359   22,994
Lumentum Holdings Inc. (a) 136   9,326
      32,320
Computer & Electronics Retail - 0.1%
Rent-A-Center Inc. 787   13,780
Construction & Engineering - 1.7%
Dycom Industries Inc. (a) 3,341   319,166
IES Holdings Inc. (a) 744   20,549
Valmont Industries Inc. 260   69,841
      409,556
Construction Machinery & Heavy Trucks - 0.6%
Alamo Group Inc. 511   62,480
Astec Industries Inc. 941   29,350
Wabash National Corp. 3,102   48,267
      140,097
Construction Materials - 0.1%
Eagle Materials Inc. 265   28,403
Consumer Finance - 0.2%
PROG Holdings Inc. (a) 2,891   43,307
Data Processing & Outsourced Services - 0.9%
CSG Systems International Inc. 2,043   108,034
Shift4 Payments Inc., Class A (a) 593   26,454
Verra Mobility Corp. (a) 6,336   97,384
      231,872
Distillers & Vintners - 1.6%
MGP Ingredients Inc. 3,783   401,603
Distributors - 0.7%
LKQ Corp. 3,717   175,257
Diversified Metals & Mining - 0.3%
Compass Minerals International Inc. 1,174   45,234
Materion Corp. 299   23,920
      69,154
Diversified REITs - 0.3%
Alpine Income Property Trust Inc. 1,912   31,013
American Assets Trust Inc. 1,345   34,593
Essential Properties Realty Trust Inc. 889   17,291
      82,897
 
See Notes to Schedule of Investments.
14 State Street Small-Cap Equity V.I.S. Fund
State Street Small-Cap Equity V.I.S. Fund
Schedule of Investments
September 30, 2022 (Unaudited)
  Number
of Shares 		  Fair
Value
Diversified Support Services - 2.0%
Healthcare Services Group Inc. 3,664   $44,298
IAA Inc. (a) 3,352   106,761
Matthews International Corp., Class A 1,896   42,489
Ritchie Bros Auctioneers Inc. 4,367   272,850
UniFirst Corp. 178   29,945
      496,343
Education Services - 0.5%
Stride Inc. (a) 2,912   122,391
Electric Utilities - 1.0%
ALLETE Inc. 348   17,417
IDACORP Inc. 2,301   227,822
      245,239
Electrical Components & Equipment - 0.5%
Acuity Brands Inc. 160   25,195
Atkore Inc. (a) 381   29,646
Regal Rexnord Corp. 419   58,811
      113,652
Electronic Components - 1.4%
Belden Inc. 3,370   202,268
Coherent Corp. (a) 758   26,416
Littelfuse Inc. 619   122,989
      351,673
Electronic Equipment & Instruments - 0.8%
National Instruments Corp. 2,450   92,463
Novanta Inc. (a) 920   106,398
      198,861
Electronic Manufacturing Services - 0.2%
Plexus Corp. (a) 536   46,932
Environmental & Facilities Services - 0.7%
Clean Harbors Inc. (a) 1,050   115,479
Montrose Environmental Group Inc. (a) 1,710   57,542
      173,021
Food Distributors - 0.4%
Performance Food Group Co. (a) 2,303   98,914
Footwear - 0.7%
Deckers Outdoor Corp. (a) 394   123,168
Wolverine World Wide Inc. 2,700   41,553
      164,721
General Merchandise Stores - 0.1%
Ollie's Bargain Outlet Holdings Inc. (a) 526   27,142
Health Care REITs - 0.2%
Community Healthcare Trust Inc. 1,462   47,881
Healthcare Distributors - 0.4%
AdaptHealth Corp. (a) 5,520   103,666
Healthcare Equipment - 5.8%
AtriCure Inc. (a) 2,740   107,134
Axonics Inc. (a) 1,220   85,937
  Number
of Shares 		  Fair
Value
Cardiovascular Systems Inc. (a) 3,000   $41,580
CONMED Corp. 1,810   145,108
Globus Medical Inc., Class A (a) 2,820   167,988
Inspire Medical Systems Inc. (a) 940   166,728
Integra LifeSciences Holdings Corp. (a) 3,680   155,885
LeMaitre Vascular Inc. 565   28,634
Masimo Corp. (a) 190   26,820
Omnicell Inc. (a) 1,311   114,096
Outset Medical Inc. (a) 2,630   41,896
Penumbra Inc. (a) 1,110   210,456
SI-BONE Inc. (a) 2,470   43,126
Tandem Diabetes Care Inc. (a) 1,880   89,958
      1,425,346
Healthcare Facilities - 1.3%
Acadia Healthcare Company Inc. (a) 2,706   211,555
U.S. Physical Therapy Inc. 1,322   100,499
      312,054
Healthcare Services - 0.9%
Addus HomeCare Corp. (a) 571   54,382
AMN Healthcare Services Inc. (a) 348   36,874
Castle Biosciences Inc. (a) 2,169   56,568
Enhabit Inc. (a) 1,991   27,954
Pediatrix Medical Group Inc. (a) 2,877   47,499
      223,277
Healthcare Supplies - 0.7%
BioLife Solutions Inc. (a) 3,437   78,192
ICU Medical Inc. (a) 199   29,969
Pulmonx Corp. (a) 3,820   63,641
      171,802
Healthcare Technology - 0.2%
NextGen Healthcare Inc. (a) 2,644   46,799
Home Building - 0.7%
Cavco Industries Inc. (a) 227   46,708
Green Brick Partners Inc. (a) 787   16,826
Taylor Morrison Home Corp. (a) 3,307   77,119
TopBuild Corp. (a) 244   40,206
      180,859
Home Furnishing Retail - 0.1%
The Aaron's Company Inc. 3,505   34,069
Hotel & Resort REITs - 0.5%
RLJ Lodging Trust 8,890   89,967
Sunstone Hotel Investors Inc. 4,170   39,281
      129,248
Household Appliances - 0.1%
Helen of Troy Ltd. (a) 335   32,307
Household Products - 0.3%
Central Garden & Pet Co., Class A (a) 2,220   75,835
 
See Notes to Schedule of Investments.
State Street Small-Cap Equity V.I.S. Fund 15
State Street Small-Cap Equity V.I.S. Fund
Schedule of Investments
September 30, 2022 (Unaudited)
  Number
of Shares 		  Fair
Value
Industrial Machinery - 8.5%
Albany International Corp., Class A 670   $52,816
Altra Industrial Motion Corp. (b) 7,545   253,663
Barnes Group Inc. 6,146   177,497
Chart Industries Inc. (a) 189   34,842
Crane Holdings Co. 2,793   244,499
Enerpac Tool Group Corp. 14,352   255,896
ESCO Technologies Inc. 1,660   121,910
Evoqua Water Technologies Corp. (a) 5,750   190,153
John Bean Technologies Corp. 2,310   198,660
Mueller Industries Inc. 1,980   117,691
RBC Bearings Inc. (a) 430   89,358
Standex International Corp. 840   68,586
The Timken Co. 4,895   289,001
      2,094,572
Industrial REITs - 0.8%
EastGroup Properties Inc. 1,247   179,992
Innovative Industrial Properties Inc. 95   8,407
      188,399
Insurance Brokers - 0.5%
BRP Group Inc., Class A (a) 4,690   123,582
Interactive Media & Services - 0.2%
Ziff Davis Inc. (a) 557   38,143
Internet & Direct Marketing Retail - 0.2%
Overstock.com Inc. (a) 820   19,967
Revolve Group Inc. (a) 1,136   24,640
      44,607
Internet Services & Infrastructure - 0.2%
Switch Inc., Class A 1,325   44,639
Investment Banking & Brokerage - 1.1%
Piper Sandler Cos. 450   47,133
Raymond James Financial Inc. 1,757   173,627
Stifel Financial Corp. 1,059   54,972
      275,732
IT Consulting & Other Services - 0.3%
Perficient Inc. (a) 510   33,160
Unisys Corp. (a) 6,700   50,585
      83,745
Leisure Products - 1.6%
Malibu Boats Inc., Class A (a) 3,277   157,263
Polaris Inc. 2,492   238,360
      395,623
Life & Health Insurance - 0.4%
American Equity Investment Life Holding Co. 1,430   53,325
Trupanion Inc. (a) 688   40,888
      94,213
Life Sciences Tools & Services - 2.3%
Azenta Inc. 1,383   59,276
Bruker Corp. 2,305   122,303
ICON PLC (a) 396   72,777
Repligen Corp. (a) 973   182,058
  Number
of Shares 		  Fair
Value
Syneos Health Inc. (a) 2,962   $139,658
      576,072
Marine - 0.2%
Kirby Corp. (a) 697   42,357
Metal & Glass Containers - 0.4%
TriMas Corp. 4,340   108,804
Multi-Line Insurance - 0.3%
Horace Mann Educators Corp. 1,903   67,157
Multi-Utilities - 0.1%
Avista Corp. 929   34,419
Office REITs - 0.8%
Corporate Office Properties Trust 1,161   26,970
Cousins Properties Inc. 3,902   91,112
Easterly Government Properties Inc. 4,484   70,712
      188,794
Office Services & Supplies - 1.1%
MSA Safety Inc. 2,361   258,010
Oil & Gas Drilling - 0.1%
Helmerich & Payne Inc. 549   20,297
Oil & Gas Equipment & Services - 0.4%
ChampionX Corp. 2,131   41,704
Oil States International Inc. (a) 16,507   64,212
      105,916
Oil & Gas Exploration & Production - 1.7%
Denbury Inc. (a) 255   21,996
Northern Oil & Gas Inc. 2,270   62,221
PDC Energy Inc. 3,376   195,099
SM Energy Co. 2,678   100,719
Southwestern Energy Co. (a) 6,573   40,227
      420,262
Oil & Gas Refining & Marketing - 0.2%
HF Sinclair Corp. 750   40,380
Packaged Foods & Meats - 3.2%
Calavo Growers Inc. 1,175   37,306
Freshpet Inc. (a) 1,430   71,629
Hostess Brands Inc. (a) 6,400   148,736
J&J Snack Foods Corp. 750   97,103
Lancaster Colony Corp. 1,210   181,839
Sovos Brands Inc. (a) 1,510   21,502
The Simply Good Foods Co. (a) 3,650   116,763
Utz Brands Inc. 6,850   103,435
      778,313
Paper Packaging - 0.0% *
Ranpak Holdings Corp. (a) 2,365   8,088
Personal Products - 0.6%
BellRing Brands Inc. (a) 1,788   36,851
elf Beauty Inc. (a) 2,600   97,812
      134,663
Pharmaceuticals - 0.2%
ANI Pharmaceuticals Inc. (a) 1,252   40,239
 
See Notes to Schedule of Investments.
16 State Street Small-Cap Equity V.I.S. Fund
State Street Small-Cap Equity V.I.S. Fund
Schedule of Investments
September 30, 2022 (Unaudited)
  Number
of Shares 		  Fair
Value
Property & Casualty Insurance - 2.3%
AMERISAFE Inc. 1,134   $52,992
Argo Group International Holdings Ltd. 4,676   90,060
James River Group Holdings Ltd. 2,880   65,693
Palomar Holdings Inc. (a) 1,170   97,952
RLI Corp. 975   99,820
Selective Insurance Group Inc. 1,900   154,660
      561,177
Publishing - 1.0%
John Wiley & Sons Inc., Class A 6,258   235,050
Regional Banks - 9.3%
1st Source Corp. 1,003   46,439
Bank OZK 1,250   49,450
BankUnited Inc. 1,134   38,749
Banner Corp. 411   24,282
Cadence Bank 1,631   41,444
Community Bank System Inc. 1,240   74,499
Cullen/Frost Bankers Inc. 978   129,311
CVB Financial Corp. 2,750   69,630
Enterprise Financial Services Corp. 962   42,366
FB Financial Corp. 518   19,793
First Interstate BancSystem Inc., Class A 1,588   64,076
Fulton Financial Corp. 5,516   87,153
German American Bancorp Inc. 1,930   68,920
Heritage Commerce Corp. 1,740   19,732
Home BancShares Inc. 3,255   73,270
HomeStreet Inc. 644   18,554
Independent Bank Corp. 3,282   244,607
National Bank Holdings Corp., Class A 1,624   60,072
Origin Bancorp Inc. 1,345   51,742
PacWest Bancorp 1,505   34,013
Peapack-Gladstone Financial Corp. 1,060   35,669
Pinnacle Financial Partners Inc. 505   40,956
Prosperity Bancshares Inc. 3,308   220,577
Renasant Corp. 3,850   120,428
Sandy Spring Bancorp Inc. 930   32,792
Stock Yards Bancorp Inc. 610   41,486
Texas Capital Bancshares Inc. (a) 852   50,294
UMB Financial Corp. 1,750   147,507
United Community Banks Inc. 1,113   36,840
Washington Federal Inc. 884   26,502
Washington Trust Bancorp Inc. 660   30,677
Westamerica BanCorp 1,672   87,429
Western Alliance Bancorp 1,513   99,465
Wintrust Financial Corp. 875   71,356
      2,300,080
Research & Consulting Services - 0.4%
Resources Connection Inc. 4,736   85,580
Residential REITs - 0.2%
NexPoint Residential Trust Inc. 1,111   51,339
Restaurants - 1.5%
Bloomin' Brands Inc. 2,064   37,833
Shake Shack Inc., Class A (a) 1,270   57,124
  Number
of Shares 		  Fair
Value
Texas Roadhouse Inc. 1,024   $89,354
The Cheesecake Factory Inc. 1,863   54,549
Wingstop Inc. 1,090   136,708
      375,568
Retail REITs - 0.2%
Kite Realty Group Trust 2,767   47,648
The Macerich Co. 1,290   10,242
      57,890
Security & Alarm Services - 0.9%
The Brink's Co. 4,412   213,717
Semiconductor Equipment - 0.4%
Ichor Holdings Ltd. (a) 1,008   24,404
Onto Innovation Inc. (a) 1,329   85,122
      109,526
Semiconductors - 0.5%
Diodes Inc. (a) 318   20,641
MaxLinear Inc. (a) 651   21,236
Semtech Corp. (a) 2,165   63,673
SMART Global Holdings Inc. (a) 1,601   25,408
      130,958
Soft Drinks - 0.4%
Primo Water Corp. 7,182   90,134
Zevia PBC, Class A (a) 1,640   7,085
      97,219
Specialized Consumer Services - 0.3%
European Wax Center Inc., Class A 2,510   46,309
OneSpaWorld Holdings Ltd. (a) 4,169   35,020
      81,329
Specialized REITs - 0.3%
National Storage Affiliates Trust 902   37,505
PotlatchDeltic Corp. 1,000   41,040
      78,545
Specialty Chemicals - 4.1%
Avient Corp. 4,077   123,533
HB Fuller Co. 376   22,598
Ingevity Corp. (a) 5,731   347,471
Innospec Inc. 1,250   107,087
Quaker Chemical Corp. 495   71,468
Sensient Technologies Corp. 1,010   70,033
Stepan Co. 2,965   277,732
      1,019,922
Specialty Stores - 0.6%
Leslie's Inc. (a) 5,660   83,259
Sally Beauty Holdings Inc. (a) 5,700   71,820
      155,079
Steel - 0.6%
Carpenter Technology Corp. 803   25,006
Commercial Metals Co. 2,555   90,651
Ryerson Holding Corp. 745   19,176
      134,833
 
See Notes to Schedule of Investments.
State Street Small-Cap Equity V.I.S. Fund 17
State Street Small-Cap Equity V.I.S. Fund
Schedule of Investments
September 30, 2022 (Unaudited)
  Number
of Shares 		  Fair
Value
Systems Software - 0.7%
Ping Identity Holding Corp. (a) 2,111   $59,256
Progress Software Corp. 709   30,168
Tenable Holdings Inc. (a) 2,600   90,480
      179,904
Technology Hardware, Storage & Peripherals - 1.1%
Corsair Gaming Inc. (a) 2,940   33,369
Pure Storage Inc., Class A (a) 8,650   236,751
      270,120
Thrifts & Mortgage Finance - 0.9%
Flagstar Bancorp Inc. 491   16,399
WSFS Financial Corp. 4,278   198,756
      215,155
Trading Companies & Distributors - 2.3%
Applied Industrial Technologies Inc. 2,296   235,983
McGrath RentCorp. 417   34,970
Transcat Inc. (a) 530   40,116
Univar Solutions Inc. (a) 10,698   243,272
      554,341
  Number
of Shares 		  Fair
Value
Trucking - 0.5%
Saia Inc. (a) 699   $132,810
Water Utilities - 0.1%
American States Water Co. 394   30,712
Total Common Stock
(Cost $20,327,328) 		    23,481,874
Short-Term Investments - 5.0%
State Street Institutional U.S. Government Money Market Fund - Class G Shares 2.98% (b)(c)(d)
(Cost $1,234,423) 		1,234,423   1,234,423
Total Investments
(Cost $21,561,751) 		    24,716,297
Liabilities in Excess of Other Assets, net - (0.2)%     (48,386)
NET ASSETS - 100.0%     $24,667,911
 
Other Information:
The Fund had the following long futures contracts open at September 30, 2022:
    
Description   Expiration
Date 		  Number of
Contracts 		  Notional
Amount 		  Value   Unrealized
Appreciation
(Depreciation)
E-mini Russell 2000 Index Futures   December 2022   3   $272,832   $250,470   $(22,362)
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) At September 30, 2022, all or a portion of this security was pledged to cover collateral requirements for futures .
(c) 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.
(d) Coupon amount represents effective yield.
† Percentages are based on net assets as of September 30, 2022.
* Less than 0.05%.
    
See Notes to Schedule of Investments.
18 State Street Small-Cap Equity V.I.S. Fund
State Street Small-Cap Equity V.I.S. Fund
Schedule of Investments
September 30, 2022 (Unaudited)
 
Abbreviations:
REIT - Real Estate Investment Trust
The following table presents the Fund’s investments measured at fair value on a recurring basis at September 30, 2022:
Investments   Level 1   Level 2   Level 3   Total
Investments in Securities                
Common Stock   $23,481,874   $—   $—   $23,481,874
Short-Term Investments   1,234,423   —   —   1,234,423
Total Investments in Securities   $24,716,297   $—   $—   $24,716,297
Other Financial Instruments                
Long Futures Contracts - Unrealized Depreciation   (22,362)   —   —   (22,362)
Total Other Financial Instruments   $(22,362)   $—   $—   $(22,362)
    
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
9/30/22 		  Value at
9/30/22 		  Dividend
Income
State Street Institutional U.S. Government Money Market Fund - Class G Shares 1,150,765   $1,150,765   $9,495,839   $9,412,181   $—   $—   1,234,423   $1,234,423   $11,250
See Notes to Schedule of Investments.
State Street Small-Cap Equity V.I.S. Fund 19
State Street Income V.I.S. Fund
Schedule of Investments
September 30, 2022 (Unaudited)
  Principal
Amount 		  Fair
Value
Bonds and Notes - 94.5% †
U.S. Treasuries - 34.3%
U.S. Treasury Bonds      
1.88%, 02/15/41 - 02/15/51 $327,000   $227,557
2.25%, 08/15/46 (a) 243,000   174,884
2.38%, 02/15/42 29,000   22,221
3.00%, 08/15/48 (a) 303,000   256,082
4.75%, 02/15/37 (a) 239,000   264,842
U.S. Treasury Notes      
0.25%, 07/31/25 (a) 180,900   161,665
0.63%, 10/15/24 36,000   33,460
0.75%, 12/31/23 437,000   418,189
0.75%, 01/31/28 (a) 322,000   271,059
1.13%, 01/15/25 179,000   166,736
1.25%, 11/30/26 598,000   532,220
1.50%, 02/29/24 83,000   79,806
1.63%, 05/15/31 1,051,000   882,347
1.75%, 01/31/29 42,000   36,678
2.88%, 05/15/32 122,000   112,869
3.00%, 06/30/24 126,000   123,244
      3,763,859
Agency Mortgage Backed - 24.9%
Federal Home Loan Mortgage Corp.      
3.00%, 04/01/43 - 10/01/49 (a) 328,578   290,179
4.50%, 06/01/33 - 02/01/35 (a) 1,975   1,935
5.00%, 07/01/35 (a) 16,774   16,821
5.50%, 01/01/38 (a) 16,515   16,938
6.00%, 04/01/29 - 11/01/37 (a) 53,030   55,205
6.50%, 02/01/29 (a) 21   22
6.93%, 06/01/26 (a)(b) 60,000   64,920
7.00%, 12/01/29 - 08/01/36 (a) 13,065   13,768
7.50%, 01/01/30 - 09/01/33 (a) 1,504   1,557
8.00%, 11/01/30 (a) 2,783   2,926
8.50%, 04/01/30 (a) 2,544   2,824
Federal National Mortgage Assoc.      
2.50%, 02/01/51 - 03/01/51 (a) 324,829   273,846
3.00%, 03/01/50 (a) 57,114   50,115
3.50%, 08/01/45 - 01/01/48 (a) 114,805   104,960
4.00%, 01/01/41 - 01/01/50 (a) 173,707   163,974
4.50%, 07/01/33 - 12/01/48 (a) 75,593   73,285
5.00%, 03/01/34 - 08/01/35 (a) 18,525   18,552
5.50%, 12/01/32 - 01/01/39 (a) 65,789   67,200
6.00%, 02/01/33 - 07/01/35 (a) 78,905   82,161
6.50%, 01/01/29 - 08/01/34 (a) 11,799   12,232
7.00%, 10/01/32 - 02/01/34 (a) 4,331   4,502
7.50%, 11/01/22 - 03/01/33 (a) 5,407   5,621
8.00%, 08/01/25 - 10/01/31 (a) 2,701   2,780
Federal National Mortgage Assoc. 1.60% + 3 month USD LIBOR      
2.97%, 04/01/37 (a)(c) 712   704
  Principal
Amount 		  Fair
Value
Federal National Mortgage Assoc. TBA      
2.00%, 10/01/37 - 10/01/52 (d) $445,169   $364,850
2.50%, 10/01/52 (d) 161,578   135,570
3.50%, 10/01/52 (d) 68,183   61,277
4.00%, 10/01/52 (d) 68,350   63,346
4.50%, 10/01/52 (d) 30,927   29,428
5.00%, 10/01/52 (d) 17,953   17,489
Government National Mortgage Assoc.      
3.00%, 12/20/42 - 05/20/45 (a) 274,011   246,837
3.50%, 08/20/48 (a) 50,133   46,199
4.00%, 01/20/41 - 04/20/43 (a) 48,482   46,471
4.50%, 08/15/33 - 03/20/41 (a) 38,634   37,737
6.00%, 04/15/27 - 04/15/34 (a) 45,778   47,710
6.50%, 03/15/24 - 08/15/34 (a) 17,552   18,326
7.00%, 01/15/28 - 10/15/36 (a) 14,812   15,241
Government National Mortgage Assoc. 1.50% + 1 year CMT Rate      
1.75%, 12/20/24 (a)(c) 191   186
2.63%, 02/20/23 - 02/20/26 (a)(c) 159   157
Government National Mortgage Assoc. TBA      
2.00%, 10/01/52 (d) 177,129   147,102
2.50%, 10/01/52 (d) 104,020   89,154
4.00%, 10/01/52 (d) 41,845   39,022
      2,733,129
Agency Collateralized Mortgage Obligations - 1.0%
Federal Home Loan Mortgage Corp.      
0.08%, 09/25/43 (c)(e) 276,528   828
2.51%, 07/25/29 (a) 55,000   48,613
4.05%, 09/25/28 (a)(c) 31,000   30,161
Federal Home Loan Mortgage Corp. REMIC      
3.50%, 11/15/30 (e) 2,379   30
5.50%, 06/15/33 (e) 8,163   1,355
7.50%, 07/15/27 (e) 614   63
Federal Home Loan Mortgage Corp. STRIPS      
0.00%, 08/01/27 (f) 90   84
8.00%, 02/01/23 (e)** 5   —
8.00%, 07/01/24 (e) 86   5
Federal National Mortgage Assoc. REMIC      
1.15%, 12/25/42 (c)(e) 14,695   514
5.00%, 09/25/40 (e) 4,445   484
Federal National Mortgage Assoc. REMIC 6.00% - 3 month USD LIBOR      
2.92%, 07/25/38 (c)(e) 2,777   243
Federal National Mortgage Assoc. REMIC 6.55% - 3 month USD LIBOR      
3.47%, 11/25/41 (c)(e) 134,155   16,037
Federal National Mortgage Assoc. STRIPS      
0.00%, 12/25/34 (f) 7,024   5,474
4.50%, 08/25/35 - 01/25/36 (e) 7,824   1,015
 
20  
State Street Income V.I.S. Fund
Schedule of Investments
September 30, 2022 (Unaudited)
  Principal
Amount 		  Fair
Value
5.00%, 03/25/38 - 05/25/38 (e) $4,837   $745
5.50%, 12/25/33 (e) 2,216   419
6.00%, 01/25/35 (e) 3,990   708
7.50%, 11/25/23 (e) 223   5
8.00%, 08/25/23 (e)** 5   —
8.00%, 07/25/24 (e) 171   9
      106,792
Asset Backed - 0.2%
Ford Credit Auto Owner Trust 2020-B      
0.56%, 10/15/24 26,401   26,069
      26,069
Corporate Notes - 26.7%
3M Co.      
3.13%, 09/19/46 (a) 2,000   1,323
7-Eleven Inc.      
0.95%, 02/10/26 (a)(g) 7,000   6,039
Abbott Laboratories      
3.75%, 11/30/26 (a) 6,000   5,826
4.90%, 11/30/46 (a) 8,000   7,695
AbbVie Inc.      
2.60%, 11/21/24 (a) 7,000   6,668
2.95%, 11/21/26 (a) 5,000   4,574
3.20%, 05/14/26 - 11/21/29 (a) 12,000   10,759
4.05%, 11/21/39 (a) 3,000   2,430
4.25%, 11/21/49 (a) 5,000   4,012
4.40%, 11/06/42 2,000   1,660
4.63%, 10/01/42 (a) 2,000   1,700
4.88%, 11/14/48 (a) 3,000   2,634
Advance Auto Parts Inc.      
3.90%, 04/15/30 (a) 7,000   6,023
Advanced Micro Devices Inc.      
4.39%, 06/01/52 5,000   4,235
AEP Texas Inc.      
3.45%, 05/15/51 8,000   5,565
Aetna Inc.      
3.50%, 11/15/24 (a) 4,000   3,889
Aircastle Ltd.      
4.25%, 06/15/26 (a) 5,000   4,484
Alexandria Real Estate Equities Inc.      
1.88%, 02/01/33 (a) 5,000   3,520
2.95%, 03/15/34 5,000   3,868
3.55%, 03/15/52 5,000   3,407
4.70%, 07/01/30 (a) 3,000   2,804
Ally Financial Inc.      
2.20%, 11/02/28 5,000   3,867
Altria Group Inc.      
3.40%, 02/04/41 (a) 6,000   3,783
4.00%, 02/04/61 (a) 2,000   1,227
4.25%, 08/09/42 (a) 2,000   1,367
4.45%, 05/06/50 (a) 3,000   2,004
4.50%, 05/02/43 (a) 3,000   2,113
Amazon.com Inc.      
1.50%, 06/03/30 (a) 2,000   1,579
2.50%, 06/03/50 (a) 3,000   1,871
2.70%, 06/03/60 (a) 3,000   1,777
2.88%, 05/12/41 4,000   2,918
3.15%, 08/22/27 (a) 2,000   1,864
3.25%, 05/12/61 5,000   3,366
4.05%, 08/22/47 (a) 3,000   2,547
  Principal
Amount 		  Fair
Value
Ameren Corp.      
3.65%, 02/15/26 (a) $5,000   $4,748
American Electric Power Company Inc.      
2.30%, 03/01/30 (a) 3,000   2,396
3.25%, 03/01/50 (a) 3,000   1,932
American Tower Corp.      
1.50%, 01/31/28 (a) 6,000   4,806
2.90%, 01/15/30 (a) 6,000   4,926
3.70%, 10/15/49 (a) 3,000   2,051
3.80%, 08/15/29 (a) 6,000   5,271
American Water Capital Corp.      
2.95%, 09/01/27 (a) 8,000   7,262
Amgen Inc.      
2.45%, 02/21/30 (a) 2,000   1,651
3.00%, 01/15/52 4,000   2,525
3.15%, 02/21/40 5,000   3,606
Anheuser-Busch Companies LLC/Anheuser-Busch InBev Worldwide Inc.      
4.70%, 02/01/36 (a) 7,000   6,311
4.90%, 02/01/46 (a) 8,000   6,933
Anheuser-Busch InBev Worldwide Inc.      
3.50%, 06/01/30 (a) 5,000   4,461
4.35%, 06/01/40 (a) 5,000   4,232
4.38%, 04/15/38 (a) 8,000   6,839
4.50%, 06/01/50 (a) 3,000   2,467
4.75%, 04/15/58 (a) 6,000   4,884
5.55%, 01/23/49 (a) 2,000   1,881
Aon Corp./Aon Global Holdings PLC      
2.90%, 08/23/51 6,000   3,727
Apollo Management Holdings LP      
2.65%, 06/05/30 (a)(g) 6,000   4,803
Apollo Management Holdings LP (4.95% fixed rate until 12/17/24; 3.27% + 5 year CMT Rate thereafter)      
4.95%, 01/14/50 (c)(g) 7,000   6,004
Apple Inc.      
2.20%, 09/11/29 (a) 5,000   4,261
2.65%, 02/08/51 (a) 5,000   3,281
2.80%, 02/08/61 (a) 2,000   1,253
2.95%, 09/11/49 (a) 3,000   2,118
3.45%, 02/09/45 (a) 6,000   4,727
3.95%, 08/08/52 5,000   4,169
Applied Materials Inc.      
4.35%, 04/01/47 (a) 4,000   3,451
Aptiv PLC      
4.40%, 10/01/46 (a) 5,000   3,599
Archer-Daniels-Midland Co.      
2.50%, 08/11/26 (a) 4,000   3,679
Ares Capital Corp.      
2.88%, 06/15/28 5,000   3,934
Arthur J Gallagher & Co.      
3.50%, 05/20/51 5,000   3,401
Ascension Health      
4.85%, 11/15/53 (a) 7,000   6,830
Astrazeneca Finance LLC      
1.75%, 05/28/28 8,000   6,741
AstraZeneca PLC      
3.00%, 05/28/51 5,000   3,457
4.00%, 01/17/29 (a) 3,000   2,845
4.38%, 08/17/48 (a) 2,000   1,753
 
  21
State Street Income V.I.S. Fund
Schedule of Investments
September 30, 2022 (Unaudited)
  Principal
Amount 		  Fair
Value
AT&T Inc.      
2.30%, 06/01/27 (a) $9,000   $7,882
2.75%, 06/01/31 (a) 6,000   4,811
3.85%, 06/01/60 (a) 9,000   6,055
4.35%, 03/01/29 (a) 2,000   1,870
4.50%, 05/15/35 (a) 5,000   4,329
4.55%, 03/09/49 (a) 2,000   1,596
4.75%, 05/15/46 (a) 2,000   1,676
Athene Holding Ltd.      
4.13%, 01/12/28 (a) 4,000   3,600
6.15%, 04/03/30 (a) 7,000   6,743
Avangrid Inc.      
3.15%, 12/01/24 (a) 6,000   5,734
Bain Capital Specialty Finance Inc.      
2.95%, 03/10/26 (a) 8,000   6,902
Bank of America Corp.      
3.25%, 10/21/27 3,000   2,691
4.18%, 11/25/27 (a) 6,000   5,559
4.25%, 10/22/26 (a) 6,000   5,707
Bank of America Corp. (2.09% fixed rate until 06/14/28; 1.06% + SOFR thereafter)      
2.09%, 06/14/29 (c) 5,000   4,060
Bank of America Corp. (2.97% fixed rate until 07/21/51; 1.56% + SOFR thereafter)      
2.97%, 07/21/52 (c) 9,000   5,509
Bank of America Corp. (3.37% fixed rate until 01/23/25; 0.81% + 3 month USD LIBOR thereafter)      
3.37%, 01/23/26 (a)(c) 2,000   1,893
Bank of America Corp. (3.71% fixed rate until 04/24/27; 1.51% + 3 month USD LIBOR thereafter)      
3.71%, 04/24/28 (a)(c) 6,000   5,461
Bank of America Corp. (3.85% fixed rate until 03/08/32; 2.00% + 5 year CMT Rate thereafter)      
3.85%, 03/08/37 (c) 6,000   4,848
Bank of America Corp. (3.95% fixed rate until 01/23/48; 1.19% + 3 month USD LIBOR thereafter)      
3.95%, 01/23/49 (a)(c) 6,000   4,415
Bank of America Corp. (4.30% fixed rate until 01/28/25; 2.66% + 3 month USD LIBOR thereafter)      
4.30%, 12/31/99 (a)(c) 7,000   5,779
Barrick North America Finance LLC      
5.70%, 05/30/41 (a) 3,000   2,853
BAT Capital Corp.      
2.73%, 03/25/31 (a) 4,000   2,956
4.39%, 08/15/37 (a) 5,000   3,572
4.54%, 08/15/47 (a) 2,000   1,332
4.70%, 04/02/27 (a) 5,000   4,670
4.91%, 04/02/30 (a) 4,000   3,524
BAT International Finance PLC      
1.67%, 03/25/26 (a) 5,000   4,319
Baxter International Inc.      
1.92%, 02/01/27 11,000   9,546
2.27%, 12/01/28 11,000   9,090
Becton Dickinson & Co.      
3.70%, 06/06/27 (a) 7,000   6,518
4.67%, 06/06/47 (a) 3,000   2,582
  Principal
Amount 		  Fair
Value
4.69%, 12/15/44 (a) $2,000   $1,712
Berkshire Hathaway Energy Co.      
3.25%, 04/15/28 (a) 2,000   1,813
3.70%, 07/15/30 (a) 3,000   2,702
3.80%, 07/15/48 (a) 3,000   2,247
4.25%, 10/15/50 (a) 2,000   1,615
6.13%, 04/01/36 (a) 3,000   3,043
Berkshire Hathaway Finance Corp.      
2.85%, 10/15/50 (a) 8,000   5,154
3.85%, 03/15/52 6,000   4,607
4.25%, 01/15/49 (a) 4,000   3,348
Berry Global Inc.      
4.88%, 07/15/26 (a)(g) 8,000   7,519
Biogen Inc.      
2.25%, 05/01/30 (a) 3,000   2,371
Block Financial LLC      
2.50%, 07/15/28 5,000   4,139
3.88%, 08/15/30 (a) 3,000   2,560
Boardwalk Pipelines LP      
4.80%, 05/03/29 (a) 6,000   5,519
BP Capital Markets America Inc.      
3.00%, 02/24/50 (a) 4,000   2,598
3.38%, 02/08/61 (a) 5,000   3,267
BP Capital Markets PLC (4.88% fixed rate until 06/22/30; 4.40% + 5 year CMT Rate thereafter)      
4.88%, 12/31/99 (a)(c) 7,000   6,045
Bristol-Myers Squibb Co.      
1.45%, 11/13/30 (a) 2,000   1,543
2.35%, 11/13/40 (a) 2,000   1,336
2.95%, 03/15/32 5,000   4,292
3.20%, 06/15/26 (a) 2,000   1,895
3.40%, 07/26/29 (a) 2,000   1,817
4.13%, 06/15/39 (a) 3,000   2,620
4.25%, 10/26/49 (a) 3,000   2,513
4.55%, 02/20/48 (a) 2,000   1,757
Brixmor Operating Partnership LP      
2.25%, 04/01/28 (a) 8,000   6,475
Broadcom Inc.      
3.14%, 11/15/35 (g) 3,000   2,103
3.42%, 04/15/33 (a)(g) 4,000   3,069
3.47%, 04/15/34 (g) 2,000   1,504
4.15%, 11/15/30 (a) 2,000   1,729
4.30%, 11/15/32 (a) 4,000   3,369
4.93%, 05/15/37 (g) 1,996   1,651
Brooklyn Union Gas Co.      
4.87%, 08/05/32 (g) 11,000   10,056
Brown-Forman Corp.      
4.00%, 04/15/38 (a) 2,000   1,675
Brunswick Corp.      
2.40%, 08/18/31 5,000   3,482
Bunge Limited Finance Corp.      
3.75%, 09/25/27 (a) 3,000   2,755
Burlington Northern Santa Fe LLC      
4.15%, 12/15/48 (a) 4,000   3,320
4.55%, 09/01/44 (a) 7,000   6,115
Canadian Natural Resources Ltd.      
3.85%, 06/01/27 (a) 5,000   4,613
4.95%, 06/01/47 (a) 4,000   3,402
 
22  
State Street Income V.I.S. Fund
Schedule of Investments
September 30, 2022 (Unaudited)
  Principal
Amount 		  Fair
Value
Canadian Pacific Railway Co.      
1.75%, 12/02/26 $5,000   $4,381
2.45%, 12/02/31 5,000   4,007
Cantor Fitzgerald LP      
4.88%, 05/01/24 (a)(g) 7,000   6,861
Capital One Financial Corp.      
3.75%, 07/28/26 (a) 7,000   6,476
Cardinal Health Inc.      
3.08%, 06/15/24 (a) 4,000   3,866
Carlisle Companies Inc.      
2.20%, 03/01/32 7,000   5,184
Carrier Global Corp.      
2.72%, 02/15/30 (a) 3,000   2,476
3.58%, 04/05/50 (a) 3,000   2,073
Caterpillar Inc.      
3.25%, 09/19/49 (a) 5,000   3,690
3.25%, 04/09/50 5,000   3,689
Cenovus Energy Inc.      
2.65%, 01/15/32 5,000   3,864
3.75%, 02/15/52 5,000   3,388
Centene Corp.      
3.00%, 10/15/30 3,000   2,374
3.38%, 02/15/30 (a) 14,000   11,446
4.25%, 12/15/27 (a) 23,000   21,024
CenterPoint Energy Inc.      
2.65%, 06/01/31 5,000   3,994
Charter Communications Operating LLC/Charter Communications Operating Capital      
3.50%, 06/01/41 (a) 4,000   2,556
3.70%, 04/01/51 (a) 9,000   5,467
4.80%, 03/01/50 (a) 7,000   5,007
4.91%, 07/23/25 (a) 5,000   4,879
5.05%, 03/30/29 (a) 8,000   7,349
5.75%, 04/01/48 (a) 5,000   4,043
Cheniere Corpus Christi Holdings LLC      
5.88%, 03/31/25 (a) 7,000   7,017
Chevron USA Inc.      
3.85%, 01/15/28 (a) 4,000   3,804
3.90%, 11/15/24 (a) 4,000   3,942
Chubb INA Holdings Inc.      
4.35%, 11/03/45 (a) 6,000   5,079
Church & Dwight Company Inc.      
2.30%, 12/15/31 5,000   3,933
Cigna Corp.      
2.40%, 03/15/30 (a) 3,000   2,449
3.25%, 04/15/25 (a) 7,000   6,696
3.40%, 03/01/27 (a) 5,000   4,604
3.75%, 07/15/23 (a) 2,000   1,984
3.88%, 10/15/47 (a) 2,000   1,459
4.13%, 11/15/25 (a) 5,000   4,855
4.38%, 10/15/28 (a) 3,000   2,833
4.80%, 08/15/38 (a) 3,000   2,662
Cintas Corp. No 2      
4.00%, 05/01/32 8,000   7,367
Cisco Systems Inc.      
5.90%, 02/15/39 (a) 3,000   3,120
Citigroup Inc.      
4.45%, 09/29/27 (a) 4,000   3,711
4.65%, 07/23/48 (a) 9,000   7,309
Citigroup Inc. (2.98% fixed rate until 11/05/29; 1.42% + SOFR thereafter)      
2.98%, 11/05/30 (a)(c) 6,000   4,930
  Principal
Amount 		  Fair
Value
Citigroup Inc. (3.88% fixed rate until 01/24/38; 1.17% + 3 month USD LIBOR thereafter)      
3.88%, 01/24/39 (a)(c) $6,000   $4,840
Citigroup Inc. (4.70% fixed rate until 01/30/25; 3.23% + SOFR thereafter)      
4.70%, 12/31/99 (a)(c) 6,000   4,822
CME Group Inc.      
3.75%, 06/15/28 (a) 2,000   1,887
CMS Energy Corp.      
4.88%, 03/01/44 (a) 7,000   6,021
CNH Industrial Capital LLC      
1.95%, 07/02/23 (a) 7,000   6,847
CNOOC Petroleum North America ULC      
6.40%, 05/15/37 (a) 7,000   7,143
Comcast Corp.      
2.80%, 01/15/51 (a) 3,000   1,825
2.94%, 11/01/56 7,000   4,179
2.99%, 11/01/63 3,000   1,740
3.20%, 07/15/36 (a) 5,000   3,871
3.25%, 11/01/39 (a) 5,000   3,677
3.97%, 11/01/47 (a) 3,000   2,295
4.15%, 10/15/28 (a) 5,000   4,722
CommonSpirit Health      
4.35%, 11/01/42 16,000   12,515
Conagra Brands Inc.      
5.30%, 11/01/38 (a) 3,000   2,631
5.40%, 11/01/48 (a) 2,000   1,746
ConocoPhillips Co.      
4.30%, 11/15/44 (a) 4,000   3,324
Consolidated Edison Company of New York Inc.      
3.35%, 04/01/30 (a) 3,000   2,643
3.88%, 06/15/47 (a) 2,000   1,512
3.95%, 04/01/50 (a) 3,000   2,317
Constellation Brands Inc.      
3.15%, 08/01/29 (a) 4,000   3,443
3.70%, 12/06/26 (a) 4,000   3,765
4.50%, 05/09/47 (a) 4,000   3,234
Continental Resources Inc.      
2.88%, 04/01/32 (g) 5,000   3,653
3.80%, 06/01/24 (a) 12,000   11,638
4.50%, 04/15/23 (a) 7,000   6,962
Corebridge Financial Inc.      
3.90%, 04/05/32 (g) 15,000   12,658
Corning Inc.      
4.38%, 11/15/57 (a) 2,000   1,491
Corporate Office Properties LP      
2.00%, 01/15/29 5,000   3,772
2.25%, 03/15/26 (a) 5,000   4,371
2.75%, 04/15/31 (a) 3,000   2,221
Crown Castle Inc.      
2.90%, 03/15/27 10,000   8,891
4.15%, 07/01/50 5,000   3,707
5.20%, 02/15/49 (a) 4,000   3,454
CSL Finance PLC      
4.25%, 04/27/32 (g) 6,000   5,469
CSX Corp.      
4.50%, 03/15/49 - 08/01/54 (a) 10,000   8,390
CubeSmart LP      
2.50%, 02/15/32 5,000   3,758
4.38%, 02/15/29 (a) 5,000   4,623
 
  23
State Street Income V.I.S. Fund
Schedule of Investments
September 30, 2022 (Unaudited)
  Principal
Amount 		  Fair
Value
CVS Health Corp.      
3.00%, 08/15/26 (a) $4,000   $3,698
3.25%, 08/15/29 (a) 3,000   2,626
3.63%, 04/01/27 (a) 3,000   2,809
3.75%, 04/01/30 (a) 3,000   2,672
4.25%, 04/01/50 (a) 3,000   2,348
4.78%, 03/25/38 (a) 3,000   2,629
5.00%, 12/01/24 (a) 6,000   5,966
5.13%, 07/20/45 (a) 2,000   1,750
5.30%, 12/05/43 (a) 4,000   3,591
Danaher Corp.      
2.80%, 12/10/51 9,000   5,739
Dell International LLC/EMC Corp.      
4.00%, 07/15/24 6,000   5,883
5.45%, 06/15/23 2,000   2,005
6.02%, 06/15/26 3,000   3,012
Devon Energy Corp.      
5.00%, 06/15/45 (a) 4,000   3,333
DH Europe Finance II Sarl      
2.60%, 11/15/29 (a) 2,000   1,709
3.25%, 11/15/39 (a) 3,000   2,279
3.40%, 11/15/49 (a) 3,000   2,134
Diamondback Energy Inc.      
3.13%, 03/24/31 (a) 4,000   3,245
3.50%, 12/01/29 (a) 3,000   2,590
4.40%, 03/24/51 (a) 3,000   2,266
Digital Realty Trust LP      
3.60%, 07/01/29 (a) 8,000   7,007
Discovery Communications LLC      
2.95%, 03/20/23 (a) 5,000   4,960
3.95%, 03/20/28 (a) 6,000   5,268
4.95%, 05/15/42 (a) 2,000   1,476
5.00%, 09/20/37 (a) 3,000   2,378
Dollar General Corp.      
3.50%, 04/03/30 (a) 4,000   3,509
4.13%, 04/03/50 (a) 4,000   3,122
Dollar Tree Inc.      
4.00%, 05/15/25 (a) 7,000   6,785
Dominion Energy Inc.      
3.07%, 08/15/24 (a)(b) 5,000   4,794
3.38%, 04/01/30 (a) 6,000   5,171
Dover Corp.      
2.95%, 11/04/29 (a) 3,000   2,580
DTE Energy Co.      
2.85%, 10/01/26 (a) 7,000   6,384
Duke Energy Carolinas LLC      
3.95%, 03/15/48 (a) 3,000   2,352
Duke Energy Corp.      
2.55%, 06/15/31 6,000   4,698
3.30%, 06/15/41 7,000   4,880
3.50%, 06/15/51 7,000   4,721
3.75%, 09/01/46 (a) 5,000   3,543
Duke Energy Corp. (4.88% fixed rate until 09/16/24; 3.39% + 5 year CMT Rate thereafter)      
4.88%, 12/31/99 (c) 9,000   8,170
Duke Energy Progress LLC      
4.15%, 12/01/44 (a) 9,000   7,257
Duke Realty LP      
3.05%, 03/01/50 (a) 5,000   3,350
3.25%, 06/30/26 (a) 4,000   3,694
Duquesne Light Holdings Inc.      
3.62%, 08/01/27 (a)(g) 7,000   6,186
  Principal
Amount 		  Fair
Value
Eastman Chemical Co.      
4.65%, 10/15/44 (a) $4,000   $3,150
Eaton Corp.      
3.10%, 09/15/27 (a) 2,000   1,833
Edison International      
4.95%, 04/15/25 (a) 8,000   7,846
EI du Pont de Nemours & Co.      
2.30%, 07/15/30 (a) 6,000   4,905
Electronic Arts Inc.      
1.85%, 02/15/31 (a) 3,000   2,314
Elevance Health Inc.      
2.88%, 09/15/29 (a) 3,000   2,562
3.30%, 01/15/23 (a) 6,000   5,982
3.60%, 03/15/51 (a) 3,000   2,158
3.70%, 09/15/49 (a) 3,000   2,194
Emera US Finance LP      
2.64%, 06/15/31 8,000   6,241
Emerson Electric Co.      
1.80%, 10/15/27 (a) 2,000   1,730
2.75%, 10/15/50 (a) 2,000   1,291
Empower Finance 2020 LP      
1.36%, 09/17/27 (a)(g) 8,000   6,555
1.78%, 03/17/31 (a)(g) 8,000   5,963
Enbridge Energy Partners LP      
5.50%, 09/15/40 (a) 2,000   1,827
Enbridge Inc.      
1.60%, 10/04/26 7,000   6,060
Enbridge Inc. (5.75% fixed rate until 07/15/30; 5.31% + 5 year CMT Rate thereafter)      
5.75%, 07/15/80 (a)(c) 9,000   8,055
Energy Transfer LP      
4.50%, 04/15/24 (a) 2,000   1,972
4.95%, 06/15/28 (a) 4,000   3,738
5.30%, 04/01/44 - 04/15/47 (a) 7,000   5,595
5.35%, 05/15/45 4,000   3,227
6.50%, 02/01/42 (a) 4,000   3,720
Energy Transfer LP (6.75% fixed rate until 05/15/25; 5.13% + 5 year CMT Rate thereafter)      
6.75%, 12/31/99 (c) 19,000   16,407
Energy Transfer LP/Regency Energy Finance Corp.      
4.50%, 11/01/23 (a) 4,000   3,965
Enterprise Products Operating LLC      
4.25%, 02/15/48 (a) 6,000   4,639
Enterprise Products Operating LLC (5.25% fixed rate until 08/16/27; 3.03% + 3 month USD LIBOR thereafter)      
5.25%, 08/16/77 (a)(c) 5,000   4,201
EOG Resources Inc.      
4.95%, 04/15/50 (a) 3,000   2,804
5.10%, 01/15/36 (a) 2,000   1,862
Equinix Inc.      
1.25%, 07/15/25 (a) 7,000   6,261
2.15%, 07/15/30 (a) 6,000   4,600
Equinor ASA      
3.25%, 11/18/49 (a) 4,000   2,866
ERP Operating LP      
4.50%, 07/01/44 (a) 8,000   6,769
Everest Reinsurance Holdings Inc.      
3.13%, 10/15/52 5,000   3,105
 
24  
State Street Income V.I.S. Fund
Schedule of Investments
September 30, 2022 (Unaudited)
  Principal
Amount 		  Fair
Value
Eversource Energy      
3.45%, 01/15/50 (a) $5,000   $3,479
Exelon Corp.      
4.05%, 04/15/30 (a) 5,000   4,532
4.45%, 04/15/46 (a) 5,000   4,092
4.70%, 04/15/50 4,000   3,352
Exxon Mobil Corp.      
2.61%, 10/15/30 (a) 6,000   5,093
3.45%, 04/15/51 (a) 6,000   4,461
FedEx Corp.      
4.10%, 02/01/45 (a) 8,000   5,782
Fidelity National Information Services Inc.      
1.15%, 03/01/26 4,000   3,458
1.65%, 03/01/28 (a) 3,000   2,457
FirstEnergy Transmission LLC      
4.55%, 04/01/49 (a)(g) 7,000   5,437
Fiserv Inc.      
3.50%, 07/01/29 (a) 3,000   2,614
4.40%, 07/01/49 (a) 3,000   2,325
Florida Power & Light Co.      
2.85%, 04/01/25 (a) 7,000   6,697
4.13%, 02/01/42 (a) 6,000   5,023
Flowers Foods Inc.      
2.40%, 03/15/31 (a) 3,000   2,355
Flowserve Corp.      
2.80%, 01/15/32 7,000   5,013
Ford Motor Co.      
4.35%, 12/08/26 (a) 6,000   5,535
Fox Corp.      
3.50%, 04/08/30 (a) 4,000   3,429
Freeport-McMoRan Inc.      
4.25%, 03/01/30 5,000   4,286
GA Global Funding Trust      
1.63%, 01/15/26 (a)(g) 5,000   4,387
General Dynamics Corp.      
4.25%, 04/01/50 (a) 5,000   4,324
General Mills Inc.      
3.00%, 02/01/51 5,000   3,273
General Motors Co.      
5.20%, 04/01/45 (a) 3,000   2,298
5.40%, 04/01/48 (a) 2,000   1,577
6.13%, 10/01/25 (a) 6,000   6,013
6.80%, 10/01/27 (a) 3,000   3,032
General Motors Financial Company Inc.      
1.25%, 01/08/26 (a) 2,000   1,719
2.35%, 01/08/31 (a) 4,000   2,910
5.25%, 03/01/26 (a) 8,000   7,794
Genuine Parts Co.      
2.75%, 02/01/32 3,000   2,328
Georgia-Pacific LLC      
1.75%, 09/30/25 (a)(g) 6,000   5,453
3.60%, 03/01/25 (a)(g) 9,000   8,680
Gilead Sciences Inc.      
2.60%, 10/01/40 (a) 2,000   1,327
2.80%, 10/01/50 (a) 4,000   2,466
3.50%, 02/01/25 (a) 4,000   3,865
3.65%, 03/01/26 (a) 2,000   1,903
4.15%, 03/01/47 (a) 5,000   3,953
GlaxoSmithKline Capital Inc.      
3.63%, 05/15/25 (a) 6,000   5,835
GlaxoSmithKline Capital PLC      
3.38%, 06/01/29 (a) 5,000   4,539
  Principal
Amount 		  Fair
Value
Glencore Funding LLC      
3.88%, 04/27/51 (g) $4,000   $2,707
Graphic Packaging International LLC      
1.51%, 04/15/26 (a)(g) 6,000   5,183
Gray Oak Pipeline LLC      
2.00%, 09/15/23 (a)(g) 7,000   6,760
2.60%, 10/15/25 (a)(g) 8,000   7,186
Halliburton Co.      
5.00%, 11/15/45 (a) 4,000   3,328
HCA Inc.      
3.13%, 03/15/27 (g) 10,000   8,830
3.50%, 09/01/30 5,000   4,132
3.63%, 03/15/32 (g) 5,000   4,051
5.38%, 02/01/25 21,000   20,753
Health Care Service Corp.      
2.20%, 06/01/30 (a)(g) 5,000   3,933
3.20%, 06/01/50 (a)(g) 4,000   2,704
Healthcare Realty Holdings LP      
2.00%, 03/15/31 (a) 5,000   3,688
Helmerich & Payne Inc.      
2.90%, 09/29/31 5,000   3,907
Hess Corp.      
5.60%, 02/15/41 (a) 2,000   1,753
5.80%, 04/01/47 (a) 2,000   1,796
Hewlett Packard Enterprise Co.      
6.35%, 10/15/45 (a) 3,000   2,731
Highwoods Realty LP      
4.13%, 03/15/28 (a) 5,000   4,535
4.20%, 04/15/29 (a) 6,000   5,237
Honeywell International Inc.      
1.75%, 09/01/31 7,000   5,466
2.70%, 08/15/29 (a) 2,000   1,757
Hormel Foods Corp.      
1.80%, 06/11/30 (a) 7,000   5,588
Humana Inc.      
1.35%, 02/03/27 5,000   4,213
2.15%, 02/03/32 5,000   3,800
Huntington Bancshares Inc.      
2.55%, 02/04/30 (a) 7,000   5,673
Huntsman International LLC      
4.50%, 05/01/29 6,000   5,287
Hyundai Capital America      
1.30%, 01/08/26 (a)(g) 8,000   6,899
Indiana Michigan Power Co.      
3.25%, 05/01/51 5,000   3,384
Ingredion Inc.      
3.90%, 06/01/50 (a) 2,000   1,435
Intel Corp.      
2.00%, 08/12/31 6,000   4,652
2.45%, 11/15/29 (a) 8,000   6,686
2.60%, 05/19/26 (a) 6,000   5,576
2.80%, 08/12/41 5,000   3,370
2.88%, 05/11/24 (a) 3,000   2,923
3.10%, 02/15/60 (a) 5,000   3,019
Intercontinental Exchange Inc.      
1.85%, 09/15/32 (a) 2,000   1,460
2.65%, 09/15/40 (a) 2,000   1,340
Interstate Power & Light Co.      
3.40%, 08/15/25 (a) 8,000   7,582
ITC Holdings Corp.      
2.95%, 05/14/30 (a)(g) 6,000   4,933
Jabil Inc.      
3.95%, 01/12/28 (a) 2,000   1,815
 
  25
State Street Income V.I.S. Fund
Schedule of Investments
September 30, 2022 (Unaudited)
  Principal
Amount 		  Fair
Value
4.25%, 05/15/27 $10,000   $9,328
John Deere Capital Corp.      
2.45%, 01/09/30 (a) 9,000   7,564
Johnson & Johnson      
3.63%, 03/03/37 (a) 3,000   2,595
Johnson Controls International PLC      
4.50%, 02/15/47 (a) 3,000   2,393
JPMorgan Chase & Co. (2.96% fixed rate until 05/13/30; 2.52% + SOFR thereafter)      
2.96%, 05/13/31 (a)(c) 5,000   3,974
JPMorgan Chase & Co. (3.16% fixed rate until 04/22/41; 1.46% + SOFR thereafter)      
3.16%, 04/22/42 (c) 4,000   2,739
JPMorgan Chase & Co. (3.88% fixed rate until 07/24/37; 1.36% + 3 month USD LIBOR thereafter)      
3.88%, 07/24/38 (a)(c) 2,000   1,569
JPMorgan Chase & Co. (3.90% fixed rate until 01/23/48; 1.22% + 3 month USD LIBOR thereafter)      
3.90%, 01/23/49 (a)(c) 10,000   7,417
JPMorgan Chase & Co. (4.01% fixed rate until 04/23/28; 1.12% + 3 month USD LIBOR thereafter)      
4.01%, 04/23/29 (a)(c) 4,000   3,618
JPMorgan Chase & Co. (4.03% fixed rate until 07/24/47; 1.46% + 3 month USD LIBOR thereafter)      
4.03%, 07/24/48 (a)(c) 5,000   3,789
JPMorgan Chase & Co. (4.49% fixed rate until 03/24/30; 3.79% + SOFR thereafter)      
4.49%, 03/24/31 (a)(c) 4,000   3,645
JPMorgan Chase & Co. (4.60% fixed rate until 02/01/25; 3.13% + SOFR thereafter)      
4.60%, 12/31/99 (a)(c) 6,000   5,219
Kaiser Foundation Hospitals      
3.00%, 06/01/51 5,000   3,304
Kansas City Southern/old      
3.50%, 05/01/50 3,000   2,099
Keurig Dr Pepper Inc.      
3.20%, 05/01/30 (a) 3,000   2,560
3.80%, 05/01/50 (a) 2,000   1,422
Kinder Morgan Energy Partners LP      
4.70%, 11/01/42 (a) 2,000   1,563
5.00%, 03/01/43 (a) 2,000   1,621
6.38%, 03/01/41 (a) 4,000   3,722
Kinder Morgan Inc.      
1.75%, 11/15/26 10,000   8,668
5.05%, 02/15/46 (a) 8,000   6,550
KLA Corp.      
3.30%, 03/01/50 (a) 3,000   2,109
4.65%, 11/01/24 (a) 2,000   1,995
Kraft Heinz Foods Co.      
5.20%, 07/15/45 4,000   3,478
L3Harris Technologies Inc.      
3.85%, 12/15/26 (a) 4,000   3,772
  Principal
Amount 		  Fair
Value
Lear Corp.      
4.25%, 05/15/29 (a) $5,000   $4,406
Leidos Inc.      
3.63%, 05/15/25 5,000   4,787
4.38%, 05/15/30 7,000   6,124
Liberty Mutual Group Inc.      
3.95%, 05/15/60 (a)(g) 3,000   1,901
Life Storage LP      
2.20%, 10/15/30 (a) 8,000   6,090
Lincoln National Corp.      
4.35%, 03/01/48 (a) 8,000   6,305
Lockheed Martin Corp.      
4.50%, 05/15/36 (a) 5,000   4,603
Lowe's Companies Inc.      
1.30%, 04/15/28 (a) 3,000   2,431
1.70%, 09/15/28 3,000   2,450
1.70%, 10/15/30 (a) 3,000   2,264
3.00%, 10/15/50 (a) 5,000   3,057
4.05%, 05/03/47 (a) 4,000   3,006
5.63%, 04/15/53 4,000   3,697
LYB International Finance III LLC      
3.63%, 04/01/51 (a) 3,000   1,962
Masco Corp.      
3.50%, 11/15/27 (a) 2,000   1,807
McCormick & Company Inc.      
1.85%, 02/15/31 (a) 3,000   2,233
3.25%, 11/15/25 (a) 9,000   8,460
McDonald's Corp.      
3.60%, 07/01/30 (a) 7,000   6,303
3.63%, 09/01/49 (a) 3,000   2,187
4.88%, 12/09/45 (a) 7,000   6,210
Medtronic Inc.      
4.63%, 03/15/45 (a) 2,000   1,808
Memorial Sloan-Kettering Cancer Center      
4.13%, 07/01/52 (a) 7,000   5,819
Merck & Company Inc.      
1.90%, 12/10/28 10,000   8,387
2.45%, 06/24/50 (a) 3,000   1,851
2.75%, 02/10/25 (a) 7,000   6,718
2.75%, 12/10/51 3,000   1,952
4.00%, 03/07/49 (a) 2,000   1,650
Meta Platforms Inc.      
3.85%, 08/15/32 (g) 10,000   8,811
4.45%, 08/15/52 (g) 10,000   8,169
MetLife Inc.      
4.72%, 12/15/44 (a) 5,000   4,295
Microchip Technology Inc.      
2.67%, 09/01/23 8,000   7,793
Micron Technology Inc.      
3.37%, 11/01/41 5,000   3,203
3.48%, 11/01/51 3,000   1,776
Microsoft Corp.      
2.40%, 08/08/26 (a) 4,000   3,704
2.68%, 06/01/60 (a) 3,000   1,900
2.92%, 03/17/52 (a) 7,000   4,949
3.45%, 08/08/36 (a) 3,000   2,622
3.50%, 02/12/35 (a) 3,000   2,699
Mid-America Apartments LP      
2.88%, 09/15/51 5,000   3,127
Molson Coors Beverage Co.      
4.20%, 07/15/46 (a) 4,000   2,977
 
26  
State Street Income V.I.S. Fund
Schedule of Investments
September 30, 2022 (Unaudited)
  Principal
Amount 		  Fair
Value
Morgan Stanley (1.51% fixed rate until 07/20/26; 0.86% + SOFR thereafter)      
1.51%, 07/20/27 (c) $6,000   $5,116
Morgan Stanley (2.48% fixed rate until 09/16/31; 1.36% + SOFR thereafter)      
2.48%, 09/16/36 (c) 10,000   7,166
Morgan Stanley (2.80% fixed rate until 01/25/51; 1.43% + SOFR thereafter)      
2.80%, 01/25/52 (a)(c) 11,000   6,632
Morgan Stanley (3.97% fixed rate until 07/22/37; 1.46% + 3 month USD LIBOR thereafter)      
3.97%, 07/22/38 (a)(c) 7,000   5,583
MPLX LP      
2.65%, 08/15/30 (a) 3,000   2,358
Mylan Inc.      
5.20%, 04/15/48 (a) 3,000   2,068
National Retail Properties Inc.      
4.00%, 11/15/25 (a) 4,000   3,828
Newmont Corp.      
4.88%, 03/15/42 (a) 5,000   4,348
NextEra Energy Capital Holdings Inc. (5.65% fixed rate until 05/01/29; 3.16% + 3 month USD LIBOR thereafter)      
5.65%, 05/01/79 (a)(c) 5,000   4,374
NGPL PipeCo LLC      
3.25%, 07/15/31 (g) 8,000   6,275
NIKE Inc.      
3.38%, 03/27/50 (a) 2,000   1,481
NiSource Inc.      
3.60%, 05/01/30 (a) 5,000   4,350
3.95%, 03/30/48 (a) 2,000   1,485
Norfolk Southern Corp.      
3.95%, 10/01/42 (a) 4,000   3,245
NOV Inc.      
3.60%, 12/01/29 (a) 5,000   4,226
Novant Health Inc.      
3.32%, 11/01/61 5,000   3,355
Novartis Capital Corp.      
2.20%, 08/14/30 (a) 4,000   3,342
3.00%, 11/20/25 (a) 3,000   2,857
Nutrien Ltd.      
4.90%, 06/01/43 (a) 4,000   3,481
NVIDIA Corp.      
2.85%, 04/01/30 (a) 6,000   5,145
3.50%, 04/01/50 (a) 2,000   1,472
NXP BV/NXP Funding LLC/NXP USA Inc.      
3.25%, 11/30/51 5,000   3,004
Oklahoma Gas & Electric Co.      
3.25%, 04/01/30 (a) 3,000   2,597
Oncor Electric Delivery Company LLC      
3.80%, 09/30/47 (a) 2,000   1,586
ONEOK Inc.      
4.35%, 03/15/29 (a) 4,000   3,571
Oracle Corp.      
2.95%, 04/01/30 (a) 7,000   5,649
3.60%, 04/01/50 (a) 4,000   2,503
3.65%, 03/25/41 (a) 5,000   3,394
3.80%, 11/15/37 (a) 3,000   2,185
3.95%, 03/25/51 (a) 5,000   3,319
  Principal
Amount 		  Fair
Value
4.00%, 07/15/46 - 11/15/47 (a) $9,000   $6,070
4.10%, 03/25/61 (a) 5,000   3,165
Otis Worldwide Corp.      
2.06%, 04/05/25 (a) 5,000   4,632
2.57%, 02/15/30 (a) 3,000   2,454
3.36%, 02/15/50 (a) 3,000   2,026
Owens Corning      
4.40%, 01/30/48 (a) 3,000   2,244
Pacific Gas & Electric Co.      
2.10%, 08/01/27 (a) 3,000   2,432
2.50%, 02/01/31 (a) 4,000   2,912
3.00%, 06/15/28 5,000   4,123
3.30%, 08/01/40 (a) 4,000   2,569
3.50%, 08/01/50 (a) 3,000   1,828
4.30%, 03/15/45 (a) 5,000   3,343
PacifiCorp      
2.70%, 09/15/30 (a) 3,000   2,502
2.90%, 06/15/52 8,000   5,109
6.25%, 10/15/37 (a) 2,000   2,040
Paramount Global      
2.90%, 01/15/27 (a) 5,000   4,447
3.70%, 06/01/28 (a) 2,000   1,789
5.25%, 04/01/44 (a) 3,000   2,202
Parker-Hannifin Corp.      
3.25%, 06/14/29 (a) 3,000   2,645
4.50%, 09/15/29 5,000   4,733
PartnerRe Finance B LLC (4.50% fixed rate until 10/01/30; 3.82% + 5 year CMT Rate thereafter)      
4.50%, 10/01/50 (a)(c) 4,000   3,412
PayPal Holdings Inc.      
2.65%, 10/01/26 (a) 6,000   5,510
3.25%, 06/01/50 (a) 2,000   1,352
PepsiCo Inc.      
1.63%, 05/01/30 (a) 3,000   2,404
2.75%, 10/21/51 7,000   4,724
Petroleos Mexicanos      
5.35%, 02/12/28 (a) 10,000   7,618
6.70%, 02/16/32 10,000   7,034
7.69%, 01/23/50 (a) 10,000   6,115
Pfizer Inc.      
2.70%, 05/28/50 (a) 6,000   4,056
3.45%, 03/15/29 (a) 2,000   1,842
3.60%, 09/15/28 (a) 5,000   4,702
3.90%, 03/15/39 (a) 3,000   2,571
4.40%, 05/15/44 (a) 2,000   1,785
Philip Morris International Inc.      
1.50%, 05/01/25 (a) 4,000   3,666
2.10%, 05/01/30 (a) 3,000   2,279
4.13%, 03/04/43 (a) 2,000   1,389
Phillips 66 Co.      
2.15%, 12/15/30 (a) 8,000   6,174
3.15%, 12/15/29 (g) 8,000   6,740
3.30%, 03/15/52 5,000   3,282
3.75%, 03/01/28 (g) 3,000   2,726
4.68%, 02/15/45 (g) 4,000   3,311
Pioneer Natural Resources Co.      
1.13%, 01/15/26 (a) 9,000   7,860
2.15%, 01/15/31 (a) 5,000   3,854
Plains All American Pipeline LP/PAA Finance Corp.      
3.55%, 12/15/29 (a) 3,000   2,503
 
  27
State Street Income V.I.S. Fund
Schedule of Investments
September 30, 2022 (Unaudited)
  Principal
Amount 		  Fair
Value
Precision Castparts Corp.      
4.38%, 06/15/45 (a) $6,000   $5,098
Prospect Capital Corp.      
3.36%, 11/15/26 7,000   5,792
Prudential Financial Inc.      
3.94%, 12/07/49 (a) 5,000   3,821
Prudential Financial Inc. (5.70% fixed rate until 09/15/28; 2.67% + 3 month USD LIBOR thereafter)      
5.70%, 09/15/48 (a)(c) 7,000   6,571
Public Service Company of Colorado      
3.70%, 06/15/28 (a) 5,000   4,670
Public Service Electric & Gas Co.      
2.38%, 05/15/23 (a) 8,000   7,897
PVH Corp.      
4.63%, 07/10/25 (a) 7,000   6,712
QUALCOMM Inc.      
1.30%, 05/20/28 (a) 3,000   2,478
4.30%, 05/20/47 (a) 3,000   2,551
Quanta Services Inc.      
2.35%, 01/15/32 5,000   3,684
3.05%, 10/01/41 5,000   3,169
Raytheon Technologies Corp.      
1.90%, 09/01/31 7,000   5,349
2.82%, 09/01/51 5,000   3,142
3.95%, 08/16/25 (a) 2,000   1,951
4.15%, 05/15/45 (a) 3,000   2,402
4.45%, 11/16/38 (a) 2,000   1,743
Realty Income Corp.      
2.85%, 12/15/32 5,000   4,008
3.00%, 01/15/27 (a) 5,000   4,551
3.25%, 01/15/31 (a) 5,000   4,246
Regeneron Pharmaceuticals Inc.      
1.75%, 09/15/30 (a) 6,000   4,541
Reynolds American Inc.      
4.45%, 06/12/25 (a) 4,000   3,869
Rio Tinto Finance USA PLC      
4.13%, 08/21/42 (a) 4,000   3,369
Rockwell Automation Inc.      
4.20%, 03/01/49 (a) 2,000   1,694
Rogers Communications Inc.      
5.00%, 03/15/44 (a) 2,000   1,638
Roper Technologies Inc.      
2.95%, 09/15/29 (a) 2,000   1,687
Ross Stores Inc.      
4.70%, 04/15/27 (a) 3,000   2,930
Royalty Pharma PLC      
0.75%, 09/02/23 5,000   4,788
1.20%, 09/02/25 5,000   4,424
1.75%, 09/02/27 3,000   2,475
2.15%, 09/02/31 5,000   3,691
2.20%, 09/02/30 3,000   2,293
RPM International Inc.      
3.75%, 03/15/27 (a) 2,000   1,846
Ryder System Inc.      
2.90%, 12/01/26 (a) 7,000   6,324
Sabine Pass Liquefaction LLC      
4.20%, 03/15/28 (a) 2,000   1,826
4.50%, 05/15/30 (a) 3,000   2,734
5.00%, 03/15/27 (a) 2,000   1,921
5.88%, 06/30/26 (a) 7,000   6,996
  Principal
Amount 		  Fair
Value
Salesforce Inc.      
1.95%, 07/15/31 $8,000   $6,308
2.70%, 07/15/41 5,000   3,447
Schlumberger Holdings Corp.      
3.90%, 05/17/28 (a)(g) 4,000   3,616
Sealed Air Corp.      
1.57%, 10/15/26 (g) 12,000   10,074
Selective Insurance Group Inc.      
5.38%, 03/01/49 (a) 3,000   2,578
Sempra Energy      
3.80%, 02/01/38 (a) 2,000   1,561
4.00%, 02/01/48 (a) 4,000   2,990
Sempra Energy (4.13% fixed rate until 04/01/27; 2.87% + 5 year CMT Rate thereafter)      
4.13%, 04/01/52 (c) 7,000   5,571
Shell International Finance BV      
3.75%, 09/12/46 (a) 6,000   4,581
Shire Acquisitions Investments Ireland DAC      
2.88%, 09/23/23 (a) 2,000   1,956
3.20%, 09/23/26 (a) 3,000   2,769
Simon Property Group LP      
3.38%, 06/15/27 (a) 4,000   3,669
Sonoco Products Co.      
2.85%, 02/01/32 5,000   3,972
Southern California Edison Co.      
4.00%, 04/01/47 (a) 9,000   6,578
4.20%, 03/01/29 (a) 8,000   7,398
Southern Company Gas Capital Corp.      
3.95%, 10/01/46 (a) 4,000   2,969
4.40%, 05/30/47 (a) 2,000   1,568
Southwest Airlines Co.      
2.63%, 02/10/30 (a) 7,000   5,623
Southwestern Electric Power Co.      
2.75%, 10/01/26 (a) 5,000   4,532
Spectra Energy Partners LP      
3.38%, 10/15/26 (a) 2,000   1,844
4.50%, 03/15/45 (a) 3,000   2,382
Spirit Realty LP      
4.00%, 07/15/29 (a) 8,000   6,913
Stanley Black & Decker Inc.      
3.00%, 05/15/32 5,000   4,097
Starbucks Corp.      
4.00%, 11/15/28 (a) 4,000   3,757
Stryker Corp.      
1.95%, 06/15/30 (a) 7,000   5,542
Suncor Energy Inc.      
4.00%, 11/15/47 (a) 3,000   2,256
Sysco Corp.      
3.25%, 07/15/27 (a) 2,000   1,823
Take-Two Interactive Software Inc.      
3.70%, 04/14/27 15,000   13,933
4.00%, 04/14/32 5,000   4,341
Tampa Electric Co.      
2.40%, 03/15/31 (a) 8,000   6,485
3.45%, 03/15/51 5,000   3,505
4.35%, 05/15/44 (a) 6,000   4,939
Targa Resources Partners LP/Targa Resources Partners Finance Corp.      
5.00%, 01/15/28 10,000   9,255
 
28  
State Street Income V.I.S. Fund
Schedule of Investments
September 30, 2022 (Unaudited)
  Principal
Amount 		  Fair
Value
Target Corp.      
2.50%, 04/15/26 (a) $3,000   $2,783
Teck Resources Ltd.      
5.40%, 02/01/43 (a) 2,000   1,652
Texas Instruments Inc.      
3.88%, 03/15/39 (a) 4,000   3,457
The Allstate Corp.      
4.20%, 12/15/46 (a) 6,000   4,995
The Allstate Corp. (5.75% fixed rate until 08/15/23; 2.94% + 3 month USD LIBOR thereafter)      
5.75%, 08/15/53 (a)(c) 9,000   8,292
The Bank of New York Mellon Corp. (4.63% fixed rate until 09/20/26; 3.13% + 3 month USD LIBOR thereafter)      
4.63%, 12/29/49 (a)(c) 5,000   4,426
The Bank of Nova Scotia (4.65% fixed rate until 10/12/22; 2.65% + 3 month USD LIBOR thereafter)      
4.65%, 12/31/99 (a)(c) 8,000   6,920
The Boeing Co.      
2.70%, 02/01/27 (a) 6,000   5,216
2.95%, 02/01/30 (a) 6,000   4,830
3.25%, 03/01/28 (a) 3,000   2,601
3.75%, 02/01/50 (a) 2,000   1,292
5.04%, 05/01/27 (a) 7,000   6,741
5.15%, 05/01/30 (a) 7,000   6,482
5.81%, 05/01/50 (a) 5,000   4,351
The Charles Schwab Corp.      
2.45%, 03/03/27 5,000   4,498
The Charles Schwab Corp. (4.00% fixed rate until 12/01/30; 3.08% + 10 year CMT Rate thereafter)      
4.00%, 12/31/99 (c) 8,000   5,920
The Cleveland Electric Illuminating Co.      
4.55%, 11/15/30 (a)(g) 6,000   5,586
The Clorox Co.      
1.80%, 05/15/30 (a) 6,000   4,630
The Coca-Cola Co.      
2.60%, 06/01/50 (a) 3,000   1,930
2.75%, 06/01/60 (a) 3,000   1,872
The Dow Chemical Co.      
2.10%, 11/15/30 (a) 7,000   5,378
3.60%, 11/15/50 (a) 3,000   2,043
4.25%, 10/01/34 (a) 3,000   2,529
The Estee Lauder Companies Inc.      
2.38%, 12/01/29 (a) 3,000   2,534
The George Washington University      
4.13%, 09/15/48 8,000   6,522
The Goldman Sachs Group Inc.      
3.85%, 01/26/27 (a) 6,000   5,594
4.25%, 10/21/25 (a) 2,000   1,928
5.15%, 05/22/45 (a) 5,000   4,170
The Goldman Sachs Group Inc. (2.38% fixed rate until 07/21/31; 1.25% + SOFR thereafter)      
2.38%, 07/21/32 (c) 5,000   3,777
  Principal
Amount 		  Fair
Value
The Goldman Sachs Group Inc. (2.91% fixed rate until 07/21/41; 1.47% + SOFR thereafter)      
2.91%, 07/21/42 (c) $5,000   $3,214
The Goldman Sachs Group Inc. (3.21% fixed rate until 04/22/41; 1.51% + SOFR thereafter)      
3.21%, 04/22/42 (c) 5,000   3,378
The Goldman Sachs Group Inc. (3.44% fixed rate until 02/24/42; 1.63% + SOFR thereafter)      
3.44%, 02/24/43 (c) 6,000   4,156
The Goldman Sachs Group Inc. (3.81% fixed rate until 04/23/28; 1.16% + 3 month USD LIBOR thereafter)      
3.81%, 04/23/29 (a)(c) 4,000   3,557
The Goldman Sachs Group Inc. (4.02% fixed rate until 10/31/37; 1.37% + 3 month USD LIBOR thereafter)      
4.02%, 10/31/38 (a)(c) 2,000   1,586
The Goldman Sachs Group Inc. (4.22% fixed rate until 05/01/28; 1.30% + 3 month USD LIBOR thereafter)      
4.22%, 05/01/29 (a)(c) 4,000   3,643
The Hartford Financial Services Group Inc. 2.13% + 3 month USD LIBOR      
5.03%, 02/12/67 (a)(c)(g) 6,000   4,921
The Home Depot Inc.      
2.70%, 04/15/30 (a) 2,000   1,710
3.35%, 04/15/50 (a) 3,000   2,153
3.50%, 09/15/56 (a) 5,000   3,550
3.90%, 12/06/28 (a) 4,000   3,798
4.50%, 12/06/48 (a) 2,000   1,750
The Northwestern Mutual Life Insurance Co.      
3.45%, 03/30/51 (a)(g) 10,000   6,909
The Progressive Corp.      
3.00%, 03/15/32 11,000   9,255
The Toronto-Dominion Bank      
3.20%, 03/10/32 11,000   9,039
4.46%, 06/08/32 5,000   4,562
The Toronto-Dominion Bank (3.63% fixed rate until 09/15/2026; 2.21% + USD 5 year Swap Rate thereafter)      
3.63%, 09/15/31 (a)(c) 8,000   7,331
The Travelers Companies Inc.      
2.55%, 04/27/50 (a) 4,000   2,476
The Walt Disney Co.      
2.65%, 01/13/31 (a) 6,000   4,958
3.38%, 11/15/26 (a) 3,000   2,826
3.60%, 01/13/51 (a) 2,000   1,490
4.75%, 11/15/46 (a) 2,000   1,779
6.65%, 11/15/37 (a) 4,000   4,375
The Williams Companies Inc.      
3.75%, 06/15/27 (a) 3,000   2,761
4.85%, 03/01/48 (a) 5,000   4,136
4.90%, 01/15/45 (a) 4,000   3,248
5.40%, 03/04/44 (a) 2,000   1,747
Thermo Fisher Scientific Inc.      
2.80%, 10/15/41 5,000   3,509
 
  29
State Street Income V.I.S. Fund
Schedule of Investments
September 30, 2022 (Unaudited)
  Principal
Amount 		  Fair
Value
Time Warner Cable LLC      
6.55%, 05/01/37 (a) $3,000   $2,721
T-Mobile USA Inc.      
3.50%, 04/15/25 7,000   6,697
3.75%, 04/15/27 6,000   5,546
3.88%, 04/15/30 9,000   7,976
4.50%, 04/15/50 5,000   4,021
TotalEnergies Capital International S.A.      
3.46%, 02/19/29 (a) 5,000   4,563
Trane Technologies Luxembourg Finance S.A.      
3.55%, 11/01/24 (a) 7,000   6,780
3.80%, 03/21/29 (a) 4,000   3,595
TransCanada PipeLines Ltd.      
4.25%, 05/15/28 (a) 7,000   6,490
Transcanada Trust (5.63% fixed rate until 05/20/25; 3.53% + 3 month USD LIBOR thereafter)      
5.63%, 05/20/75 (a)(c) 9,000   8,376
Transcontinental Gas Pipe Line Company LLC      
4.00%, 03/15/28 (a) 4,000   3,663
Truist Financial Corp. (4.80% fixed rate until 09/01/24; 3.00% + 5 year CMT Rate thereafter)      
4.80%, 12/31/99 (a)(c) 9,000   8,112
TWDC Enterprises 18 Corp.      
4.13%, 06/01/44 (a) 4,000   3,266
Tyco Electronics Group S.A.      
3.13%, 08/15/27 3,000   2,753
Tyson Foods Inc.      
4.00%, 03/01/26 (a) 5,000   4,795
UDR Inc.      
2.10%, 08/01/32 (a) 5,000   3,624
3.00%, 08/15/31 (a) 5,000   4,001
Union Pacific Corp.      
3.55%, 05/20/61 4,000   2,781
3.80%, 04/06/71 5,000   3,529
4.10%, 09/15/67 (a) 5,000   3,779
UnitedHealth Group Inc.      
2.00%, 05/15/30 (a) 8,000   6,454
4.20%, 05/15/32 5,000   4,649
4.45%, 12/15/48 (a) 4,000   3,386
4.75%, 07/15/45 (a) 6,000   5,402
4.75%, 05/15/52 4,000   3,577
Utah Acquisition Sub Inc.      
3.95%, 06/15/26 (a) 2,000   1,822
Ventas Realty LP      
3.25%, 10/15/26 (a) 7,000   6,428
Verizon Communications Inc.      
2.10%, 03/22/28 (a) 8,000   6,751
2.36%, 03/15/32 8,000   6,152
3.00%, 03/22/27 (a) 4,000   3,643
3.40%, 03/22/41 (a) 4,000   2,928
3.55%, 03/22/51 (a) 3,000   2,118
3.70%, 03/22/61 (a) 8,000   5,444
4.40%, 11/01/34 (a) 5,000   4,373
Virginia Electric & Power Co.      
4.00%, 11/15/46 (a) 5,000   3,971
Visa Inc.      
2.70%, 04/15/40 (a) 4,000   2,895
Vistra Operations Company LLC      
3.55%, 07/15/24 (a)(g) 6,000   5,715
  Principal
Amount 		  Fair
Value
Vodafone Group PLC      
4.38%, 05/30/28 (a) $5,000   $4,712
5.25%, 05/30/48 (a) 2,000   1,647
Vontier Corp.      
2.40%, 04/01/28 8,000   6,239
2.95%, 04/01/31 6,000   4,313
Vornado Realty LP      
2.15%, 06/01/26 4,000   3,384
Vulcan Materials Co.      
3.90%, 04/01/27 (a) 2,000   1,887
Walmart Inc.      
1.80%, 09/22/31 5,000   3,984
2.50%, 09/22/41 5,000   3,487
Waste Connections Inc.      
2.20%, 01/15/32 5,000   3,884
2.95%, 01/15/52 5,000   3,246
WEC Energy Group Inc.      
3.55%, 06/15/25 (a) 2,000   1,900
Wells Fargo & Co.      
4.15%, 01/24/29 (a) 7,000   6,440
4.75%, 12/07/46 (a) 2,000   1,600
Wells Fargo & Co. (2.19% fixed rate until 04/30/25; 2.00% + SOFR thereafter)      
2.19%, 04/30/26 (a)(c) 8,000   7,313
Wells Fargo & Co. (2.39% fixed rate until 06/02/27; 2.10% + SOFR thereafter)      
2.39%, 06/02/28 (a)(c) 2,000   1,715
Wells Fargo & Co. (3.07% fixed rate until 04/30/40; 2.53% + SOFR thereafter)      
3.07%, 04/30/41 (a)(c) 7,000   4,813
Wells Fargo & Co. (5.88% fixed rate until 06/15/25; 3.99% + 3 month USD LIBOR thereafter)      
5.88%, 12/29/49 (c) 13,000   12,426
Westlake Corp.      
2.88%, 08/15/41 3,000   1,899
3.13%, 08/15/51 3,000   1,850
3.38%, 08/15/61 2,000   1,154
Westpac Banking Corp. (2.89% fixed rate until 02/04/25; 1.35% + 5 year CMT Rate thereafter)      
2.89%, 02/04/30 (a)(c) 7,000   6,446
Westpac Banking Corp. (4.11% fixed rate until 07/24/29; 2.00% + 5 year CMT Rate thereafter)      
4.11%, 07/24/34 (a)(c) 5,000   4,257
Weyerhaeuser Co.      
4.00%, 03/09/52 5,000   3,667
Willis North America Inc.      
3.88%, 09/15/49 (a) 4,000   2,794
Workday Inc.      
3.50%, 04/01/27 5,000   4,630
3.70%, 04/01/29 10,000   8,969
WPP Finance 2010      
3.75%, 09/19/24 (a) 8,000   7,749
Xcel Energy Inc.      
3.40%, 06/01/30 (a) 3,000   2,611
Yamana Gold Inc.      
2.63%, 08/15/31 6,000   4,437
Zoetis Inc.      
3.00%, 09/12/27 (a) 3,000   2,699
 
30  
State Street Income V.I.S. Fund
Schedule of Investments
September 30, 2022 (Unaudited)
  Principal
Amount 		  Fair
Value
3.90%, 08/20/28 (a) $4,000   $3,707
      2,934,573
Non-Agency Collateralized Mortgage Obligations - 6.3%
BANK 2017-BNK7      
3.18%, 09/15/60 (a) 158,000   143,470
BANK 2018-BNK15      
4.41%, 11/15/61 (a)(c) 66,000   62,857
BPR Trust 2022-OANA 1.90% + 1-month Term SOFR      
4.74%, 04/15/37 (c)(g) 24,770   24,600
Cantor Commercial Real Estate Lending 2019-CF3      
3.01%, 01/15/53 (a) 34,000   29,254
CD 2019-CD8 Mortgage Trust      
2.91%, 08/15/57 (a) 63,000   54,070
Citigroup Commercial Mortgage Trust 2016-P6      
4.03%, 12/10/49 (a)(c) 31,273   28,792
COMM 2014-CR14 Mortgage Trust      
4.53%, 02/10/47 (a)(c) 25,000   24,536
GS Mortgage Securities Trust 2015-GS1      
4.57%, 11/10/48 (a)(c) 25,000   19,916
GS Mortgage Securities Trust 2018-GS9      
4.14%, 03/10/51 (a)(c) 25,000   22,726
GS Mortgage Securities Trust 2019-GC42      
2.75%, 09/01/52 (a) 105,000   89,351
GS Mortgage Securities Trust 2019-GSA1      
3.05%, 11/10/52 (a) 56,000   48,226
JPMBB Commercial Mortgage Securities Trust 2013-C12      
4.17%, 07/15/45 (a)(c) 15,000   14,784
JPMBB Commercial Mortgage Securities Trust 2015-C32      
4.81%, 11/15/48 (a)(c) 20,000   15,424
MASTR Alternative Loan Trust 2003-5      
5.00%, 10/25/22 (e) 722   90
Morgan Stanley Bank of America Merrill Lynch Trust 2015-C21      
0.99%, 03/15/48 (a)(c)(e) 319,987   4,855
Wells Fargo Commercial Mortgage Trust 2014-LC16      
4.32%, 08/15/50 (a) 28,250   24,318
WFRBS Commercial Mortgage Trust 2013-C17      
4.26%, 12/15/46 (a) 25,000   24,628
WFRBS Commercial Mortgage Trust 2014-LC14      
4.35%, 03/15/47 (a)(c) 58,000   56,722
      688,619
  Principal
Amount 		  Fair
Value
Sovereign Bonds - 0.5%
Government of Mexico      
4.75%, 03/08/44 (a) $20,000   $15,387
Government of Peru      
1.86%, 12/01/32 (a) 10,000   7,050
2.78%, 12/01/60 (a) 15,000   8,108
5.63%, 11/18/50 (a) 11,000   10,334
Government of Uruguay      
5.10%, 06/18/50 (a) 14,040   12,802
      53,681
Municipal Bonds and Notes - 0.6%
American Municipal Power Inc.      
6.27%, 02/15/50 15,000   15,955
Board of Regents of the University of Texas System      
3.35%, 08/15/47 10,000   7,598
Port Authority of New York & New Jersey      
4.46%, 10/01/62 25,000   21,842
State of California      
4.60%, 04/01/38 15,000   14,017
State of Illinois      
5.10%, 06/01/33 10,000   9,525
      68,937
Total Bonds and Notes
(Cost $11,870,505) 		    10,375,659
    
  Number
of Shares 		 
Domestic Equity - 0.2%
Preferred Stock - 0.2%
Wells Fargo & Co. 5.85%, (5.85% fixed rate until 09/15/23; 3.09% + 3 month USD LIBOR thereafter)
(Cost $23,300) (c) 		932 20,924
Total Investments in Securities
(Cost $11,893,805) 		  10,396,583
Short-Term Investments - 13.8%
State Street Institutional U.S. Government Money Market Fund - Class G Shares 2.98% (h)(i)
(Cost $1,516,189) 		1,516,189 1,516,189
Total Investments
(Cost $13,409,994) 		  11,912,772
Liabilities in Excess of Other Assets, net - (8.5)%   (932,444)
NET ASSETS - 100.0%   $10,980,328
 
  31
State Street Income V.I.S. Fund
Schedule of Investments
September 30, 2022 (Unaudited)
 
Other Information:
Centrally Cleared Credit Default Swaps
    
Reference Entity   Counterparty   Notional
Amount
(000s
omitted) 		  Contract
Annual
Fixed Rate/
Payment
Frequency 		  Termination
Date 		  Market
Value 		  Unamortized
Upfront
Payments
Received (Paid) 		  Unrealized
Appreciation
(Depreciation)
Buy Protection                            
Markit CDX North America High Yield Index   Intercontinental Exchange   $739   5.00%/
Quarterly 		  12/20/27   $(30,403)   $(30,402)   $(1)
    
The Fund had the following long futures contracts open at September 30, 2022:
    
Description   Expiration
Date 		  Number of
Contracts 		  Notional
Amount 		  Value   Unrealized
Appreciation
(Depreciation)
5 Yr. U.S. Treasury Notes Futures   December 2022   3   $326,474   $322,524   $(3,950)
2 Yr. U.S. Treasury Notes Futures   December 2022   6   1,253,183   1,232,343   (20,840)
                    $(24,790)
    
The Fund had the following short futures contracts open at September 30, 2022:
    
Description   Expiration
date 		  Number of
Contracts 		  Notional
Amount 		  Value   Unrealized
Appreciation
(Depreciation)
U.S. Long Bond Futures   December 2022   2   $(271,294)   $(252,813)   $18,481
10 Yr. U.S. Treasury Notes Futures   December 2022   3   (351,788)   (336,188)   15,600
10 Yr. U.S. Treasury Ultra Futures   December 2022   4   (501,705)   (473,937)   27,768
                    $61,849
                     
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) At September 30, 2022, all or a portion of this security was pledged to cover collateral requirements for futures swaps and/or TBAs.
(b) Step coupon bond.
(c) Variable Rate Security - Interest rate shown is rate in effect at September 30, 2022. For securities based on a published reference rate and spread, the reference rate and spread are indicated in the description above.
(d) Settlement is on a delayed delivery or when-issued basis with final maturity to be announced ("TBA") in the future.
(e) Interest only security. These securities represent the right to receive the monthly interest payments on an underlying pool of mortgages. Payments of principal on the pool reduce the value of the "interest only" holding.
(f) Principal only security. These securities represent the right to receive the monthly principal payments on an underlying pool of mortgages. No payments of interest on the pool are passed through to the "principal only" holder.
32  
State Street Income V.I.S. Fund
Schedule of Investments
September 30, 2022 (Unaudited)
 
(g) Pursuant to Rule 144A of the Securities Act of 1933, as amended, these securities may be resold in transactions exempt from registration, normally to qualified institutional buyers. At September 30, 2022, these securities amounted to $266,590 or 2.43% of the net assets of the State Street Income V.I.S. Fund. These securities have been determined to be liquid using procedures established by the Fund's Board of Directors.
(h) 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.
(i) Coupon amount represents effective yield.
† Percentages are based on net assets as of September 30, 2022.
** Amount is less than $0.50.
    
Abbreviations:
CMT - Constant Maturity Treasury
LIBOR - London Interbank Offered Rate
REMIC - Real Estate Mortgage Investment Conduit
SOFR - Secured Overnight Financing Rate
STRIPS - Separate Trading of Registered Interest and Principal of Security
TBA - To Be Announced
The following table presents the Fund’s investments measured at fair value on a recurring basis at September 30, 2022:
Investments   Level 1   Level 2   Level 3   Total
Investments in Securities                
U.S. Treasuries   $—   $3,763,859   $—   $3,763,859
Agency Mortgage Backed   —   2,733,129   —   2,733,129
Agency Collateralized Mortgage Obligations   —   106,792   —   106,792
Asset Backed   —   26,069   —   26,069
Corporate Notes   —   2,934,573   —   2,934,573
Non-Agency Collateralized Mortgage Obligations   —   688,619   —   688,619
Sovereign Bonds   —   53,681   —   53,681
Municipal Bonds and Notes   —   68,937   —   68,937
Preferred Stock   20,924   —   —   20,924
Short-Term Investments   1,516,189   —   —   1,516,189
Total Investments in Securities   $1,537,113   $10,375,659   $—   $11,912,772
Other Financial Instruments                
Credit Default Swap Contracts - Unrealized Depreciation   —   (1)   —   (1)
Long Futures Contracts - Unrealized Depreciation   (24,790)   —   —   (24,790)
Short Futures Contracts - Unrealized Appreciation   61,849   —   —   61,849
Total Other Financial Instruments   $37,059   $(1)   $—   $37,058
    
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
9/30/22 		  Value at
9/30/22 		  Dividend
Income
State Street Institutional U.S. Government Money Market Fund - Class G Shares 1,652,318   $1,652,318   $4,646,615   $4,782,744   $—   $—   1,516,189   $1,516,189   $6,473
  33
State Street Total Return V.I.S. Fund
Schedule of Investments
September 30, 2022 (Unaudited)
  Number
of Shares 		  Fair
Value
Domestic Equity - 25.6% †
Common Stock - 25.6%
Advertising - 0.0% *
AdTheorent Holding Co. Inc. (a) 221   $475
Advantage Solutions Inc. (a)(b) 2,685   5,719
Boston Omaha Corp., Class A (a)(b) 663   15,276
Cardlytics Inc. (a)(b) 1,112   10,453
Clear Channel Outdoor Holdings Inc. (a)(b) 12,899   17,672
Integral Ad Science Holding Corp. (a)(b) 1,256   9,093
Loyalty Ventures Inc. (a)(b) 1,168   1,413
Magnite Inc. (a) 4,485   29,466
Omnicom Group Inc. 1,527   96,338
PubMatic Inc., Class A (a) 1,412   23,482
Stagwell Inc. (a) 2,581   17,938
TechTarget Inc. (a) 948   56,122
The Interpublic Group of Companies Inc. (b) 2,842   72,755
Thryv Holdings Inc. (a) 854   19,497
      375,699
Aerospace & Defense - 0.4%
AAR Corp. (a) 1,165   41,730
Aerojet Rocketdyne Holdings Inc. (a) 2,673   106,893
Aerovironment Inc. (a) 804   67,021
AerSale Corp. (a)(b) 506   9,381
Archer Aviation Inc., Class A (a)(b) 4,095   10,688
Astra Space Inc. (a)(b) 4,212   2,574
Astronics Corp. (a) 804   6,319
Axon Enterprise Inc. (a)(b) 500   57,875
BWX Technologies Inc. (b) 600   30,222
Cadre Holdings Inc. (b) 528   12,704
Curtiss-Wright Corp. (b) 300   41,748
Ducommun Inc. (a)(b) 369   14,635
General Dynamics Corp. (b) 1,915   406,306
HEICO Corp. (b) 300   43,194
HEICO Corp., Class A (b) 700   80,234
Hexcel Corp. (b) 800   41,376
Howmet Aerospace Inc. (b) 2,997   92,697
Huntington Ingalls Industries Inc. (b) 300   66,450
Kaman Corp. (b) 955   26,673
Kratos Defense & Security Solutions Inc. (a)(b) 4,270   43,383
L3Harris Technologies Inc. (b) 1,480   307,588
Lockheed Martin Corp. (b) 1,856   716,954
Maxar Technologies Inc. (b) 2,516   47,100
Mercury Systems Inc. (a)(b) 600   24,360
Momentus Inc. (a)(b) 1,430   1,959
Moog Inc., Class A (b) 993   69,858
National Presto Industries Inc. (b) 162   10,538
Northrop Grumman Corp. 1,139   535,695
Park Aerospace Corp. 620   6,845
Parsons Corp. (a) 1,159   45,433
Raytheon Technologies Corp. 11,686   956,616
Redwire Corp. (a) 1,127   2,682
Rocket Lab USA Inc. (a) 7,269   29,585
Spirit AeroSystems Holdings Inc., Class A 1,100   24,112
Terran Orbital Corp. (a) 618   1,094
Textron Inc. 1,571   91,526
The Boeing Co. (a) 4,346   526,214
  Number
of Shares 		  Fair
Value
TransDigm Group Inc. 406   $213,077
Triumph Group Inc. (a) 2,182   18,743
V2X Inc. (a) 363   12,850
Virgin Galactic Holdings Inc. (a) 7,876   37,096
Woodward Inc. 600   48,156
      4,930,184
Agricultural & Farm Machinery - 0.1%
AGCO Corp. 423   40,680
Deere & Co. (b) 2,189   730,885
Hydrofarm Holdings Group Inc. (a)(b) 1,188   2,305
Lindsay Corp. (b) 380   54,446
The Toro Co. 768   66,417
Titan International Inc. (a) 1,735   21,063
      915,796
Agricultural Products - 0.1%
Alico Inc. 186   5,253
AppHarvest Inc. (a)(b) 2,309   4,549
Archer-Daniels-Midland Co. 4,372   351,728
Benson Hill Inc. (a) 5,730   15,700
Bunge Ltd. (b) 1,137   93,882
Darling Ingredients Inc. (a)(b) 1,200   79,380
Fresh Del Monte Produce Inc. (b) 1,043   24,239
Ingredion Inc. (b) 644   51,855
Local Bounti Corp. (a)(b) 1,092   3,101
      629,687
Air Freight & Logistics - 0.1%
Air Transport Services Group Inc. (a)(b) 2,041   49,168
Atlas Air Worldwide Holdings Inc. (a) 942   90,027
CH Robinson Worldwide Inc. (b) 969   93,324
Expeditors International of Washington Inc. (b) 1,401   123,722
FedEx Corp. (b) 1,872   277,936
Forward Air Corp. (b) 904   81,595
GXO Logistics Inc. (a)(b) 773   27,101
Hub Group Inc., Class A (a)(b) 1,130   77,948
Radiant Logistics Inc. (a) 1,167   6,640
United Parcel Service Inc., Class B 5,792   935,640
      1,763,101
Airlines - 0.1%
Alaska Air Group Inc. (a) 821   32,142
Allegiant Travel Co. (a)(b) 536   39,117
American Airlines Group Inc. (a)(b) 5,100   61,404
Blade Air Mobility Inc. (a) 1,766   7,117
Delta Air Lines Inc. (a)(b) 4,857   136,287
Frontier Group Holdings Inc. (a)(b) 1,232   11,950
Hawaiian Holdings Inc. (a)(b) 1,717   22,579
JetBlue Airways Corp. (a)(b) 3,200   21,216
Joby Aviation Inc. (a) 8,636   37,394
SkyWest Inc. (a) 1,710   27,805
Southwest Airlines Co. (a) 4,962   153,028
Spirit Airlines Inc. (a) 3,665   68,975
Sun Country Airlines Holdings Inc. (a) 1,118   15,216
United Airlines Holdings Inc. (a) 2,566   83,472
 
See Notes to Schedule of Investments.
34 State Street Total Return V.I.S. Fund
State Street Total Return V.I.S. Fund
Schedule of Investments
September 30, 2022 (Unaudited)
  Number
of Shares 		  Fair
Value
Wheels Up Experience Inc. (a) 5,624   $6,468
      724,170
Alternative Carriers - 0.0% *
Anterix Inc. (a)(b) 405   14,467
Bandwidth Inc., Class A (a)(b) 738   8,782
Charge Enterprises Inc. (a)(b) 3,596   6,329
Cogent Communications Holdings Inc. (b) 1,445   75,371
EchoStar Corp., Class A (a)(b) 1,192   19,632
Globalstar Inc. (a)(b) 23,338   37,107
Iridium Communications Inc. (a)(b) 4,304   190,969
Liberty Latin America Ltd., Class A (a) 1,241   7,682
Liberty Latin America Ltd., Class C (a) 5,245   32,257
Lumen Technologies Inc. (b) 7,554   54,993
      447,589
Aluminum - 0.0% *
Alcoa Corp. 1,358   45,710
Arconic Corp. (a)(b) 3,560   60,663
Century Aluminum Co. (a)(b) 1,663   8,781
Kaiser Aluminum Corp. (b) 544   33,374
United Co. RUSAL International PJSC (a)(c)** 55,670   —
      148,528
Apparel Retail - 0.1%
Abercrombie & Fitch Co., Class A (a) 1,691   26,295
American Eagle Outfitters Inc. (b) 5,335   51,910
Boot Barn Holdings Inc. (a) 1,022   59,746
Burlington Stores Inc. (a)(b) 535   59,861
Caleres Inc. (b) 1,245   30,154
Chico's FAS Inc. (a)(b) 4,127   19,975
Citi Trends Inc. (a)(b) 253   3,924
Designer Brands Inc., Class A (b) 1,963   30,053
Destination XL Group Inc. (a)(b) 1,836   9,951
Express Inc. (a)(b) 1,787   1,948
Foot Locker Inc. (b) 2,790   86,853
Genesco Inc. (a)(b) 443   17,419
Guess? Inc. (b) 1,146   16,812
Ross Stores Inc. 2,685   226,265
Shoe Carnival Inc. 623   13,357
The Buckle Inc. (b) 1,029   32,578
The Cato Corp., Class A (b) 553   5,276
The Children's Place Inc. (a)(b) 441   13,622
The Gap Inc. (b) 1,147   9,417
The TJX Companies Inc. 9,253   574,796
Tilly's Inc., Class A 673   4,657
Torrid Holdings Inc. (a) 662   2,761
Urban Outfitters Inc. (a) 2,156   42,365
Victoria's Secret & Co. (a) 739   21,520
Zumiez Inc. (a) 516   11,109
      1,372,624
Apparel, Accessories & Luxury Goods - 0.0% *
Carter's Inc. (b) 400   26,212
Columbia Sportswear Co. (b) 200   13,460
Fossil Group Inc. (a)(b) 1,488   5,089
G-III Apparel Group Ltd. (a)(b) 1,489   22,260
  Number
of Shares 		  Fair
Value
Hanesbrands Inc. (b) 3,800   $26,448
Kontoor Brands Inc. (b) 1,875   63,019
Movado Group Inc. (b) 522   14,710
Oxford Industries Inc. 534   47,942
PLBY Group Inc. (a) 1,294   5,215
PVH Corp. 400   17,920
Ralph Lauren Corp. 500   42,465
Superior Group of Companies Inc. 483   4,289
Tapestry Inc. 1,874   53,278
Under Armour Inc., Class A (a) 2,700   17,955
Under Armour Inc., Class C (a) 1,400   8,344
VF Corp. 2,600   77,766
      446,372
Application Software - 0.8%
8x8 Inc. (a)(b) 3,692   12,737
ACI Worldwide Inc. (a) 3,854   80,549
Adobe Inc. (a)(b) 3,696   1,017,139
Agilysys Inc. (a)(b) 669   37,029
Alarm.com Holdings Inc. (a) 1,621   105,138
Alkami Technology Inc. (a)(b) 1,197   18,015
Altair Engineering Inc., Class A (a) 1,749   77,341
Alteryx Inc., Class A (a)(b) 400   22,336
American Software Inc., Class A 1,050   16,086
Amplitude Inc., Class A (a)(b) 1,907   29,501
ANSYS Inc. (a)(b) 671   148,761
Appfolio Inc., Class A (a)(b) 659   69,010
AppLovin Corp., Class A (a)(b) 1,600   31,184
Asana Inc., Class A (a)(b) 2,538   56,420
Aspen Technology Inc. (a) 220   52,404
Autodesk Inc. (a) 1,674   312,703
Avalara Inc. (a)(b) 723   66,371
Avaya Holdings Corp. (a)(b) 3,470   5,517
AvePoint Inc. (a) 4,342   17,411
Benefitfocus Inc. (a)(b) 758   4,813
Bentley Systems Inc., Class B (b) 1,500   45,885
Bill.com Holdings Inc. (a) 792   104,837
Black Knight Inc. (a)(b) 1,124   72,757
Blackbaud Inc. (a)(b) 1,561   68,778
Blackline Inc. (a)(b) 1,862   111,534
Blend Labs Inc., Class A (a)(b) 6,194   13,689
Box Inc., Class A (a)(b) 4,720   115,121
BTRS Holdings Inc., Class A (a)(b) 3,366   31,169
C3.ai Inc., Class A (a)(b) 2,368   29,600
Cadence Design Systems Inc. (a)(b) 2,151   351,538
CCC Intelligent Solutions Holdings Inc. (a)(b) 2,000   18,200
Cerence Inc. (a)(b) 1,344   21,168
Ceridian HCM Holding Inc. (a)(b) 1,205   67,335
ChannelAdvisor Corp. (a)(b) 956   21,663
Cipher Mining Inc. (a)(b) 887   1,118
Citrix Systems Inc. (b) 1,072   111,488
Cleanspark Inc. (a)(b) 1,691   5,377
Clear Secure Inc., Class A (a)(b) 2,142   48,966
Confluent Inc., Class A (a)(b) 1,200   28,524
Consensus Cloud Solutions Inc. (a)(b) 543   25,684
Couchbase Inc. (a)(b) 881   12,572
Coupa Software Inc. (a)(b) 459   26,989
 
See Notes to Schedule of Investments.
State Street Total Return V.I.S. Fund 35
State Street Total Return V.I.S. Fund
Schedule of Investments
September 30, 2022 (Unaudited)
  Number
of Shares 		  Fair
Value
CS Disco Inc. (a)(b) 746   $7,460
Cvent Holding Corp. (a)(b) 1,528   8,022
Datadog Inc., Class A (a)(b) 2,096   186,083
Digimarc Corp. (a)(b) 563   7,629
Digital Turbine Inc. (a)(b) 3,179   45,809
DocuSign Inc. (a)(b) 1,489   79,617
Domo Inc., Class B (a)(b) 1,039   18,692
DoubleVerify Holdings Inc. (a)(b) 600   16,410
Dropbox Inc., Class A (a)(b) 2,300   47,656
Duck Creek Technologies Inc. (a)(b) 2,652   31,426
Dynatrace Inc. (a)(b) 1,600   55,696
E2open Parent Holdings Inc. (a)(b) 6,874   41,725
Ebix Inc. (b) 879   16,675
eGain Corp. (a)(b) 737   5,417
Elastic N.V. (a) 600   43,044
Enfusion Inc., Class A (a)(b) 804   9,921
EngageSmart Inc. (a)(b) 1,176   24,331
Envestnet Inc. (a)(b) 1,851   82,184
Everbridge Inc. (a)(b) 1,358   41,935
EverCommerce Inc. (a)(b) 764   8,351
Fair Isaac Corp. (a)(b) 190   78,282
Five9 Inc. (a)(b) 600   44,988
ForgeRock Inc., Class A (a)(b) 940   13,658
Greenidge Generation Holdings Inc. (a) 162   324
Guidewire Software Inc. (a)(b) 600   36,948
HubSpot Inc. (a)(b) 358   96,703
Informatica Inc., Class A (a)(b) 400   8,028
Instructure Holdings Inc. (a)(b) 571   12,722
Intapp Inc. (a)(b) 577   10,773
InterDigital Inc. (b) 1,002   40,501
Intuit Inc. (b) 2,154   834,287
Jamf Holding Corp. (a) 800   17,728
Latch Inc. (a)(b) 4,097   3,907
LivePerson Inc. (a)(b) 2,409   22,693
LiveRamp Holdings Inc. (a)(b) 2,321   42,149
LiveVox Holdings Inc. (a) 397   1,171
Manhattan Associates Inc. (a)(b) 431   57,336
Marathon Digital Holdings Inc. (a)(b) 3,435   36,789
Matterport Inc. (a)(b) 7,462   28,281
MeridianLink Inc. (a)(b) 760   12,373
MicroStrategy Inc., Class A (a)(b) 317   67,286
Mitek Systems Inc. (a)(b) 1,393   12,760
Model N Inc. (a)(b) 1,232   42,171
Momentive Global Inc. (a)(b) 4,550   26,435
nCino Inc. (a) 700   23,877
NCR Corp. (a)(b) 800   15,208
New Relic Inc. (a)(b) 500   28,690
NextNav Inc. (a)(b) 1,377   3,704
Nutanix Inc., Class A (a) 1,700   35,411
Olo Inc., Class A (a) 3,076   24,300
ON24 Inc. (a) 1,376   12,109
PagerDuty Inc. (a) 2,952   68,103
Palantir Technologies Inc., Class A (a) 13,629   110,804
Paycom Software Inc. (a) 435   143,546
Paycor HCM Inc. (a) 200   5,912
Paylocity Holding Corp. (a) 300   72,474
Pegasystems Inc. 400   12,856
Procore Technologies Inc. (a) 700   34,636
PROS Holdings Inc. (a) 1,406   34,728
  Number
of Shares 		  Fair
Value
PTC Inc. (a) 848   $88,701
Q2 Holdings Inc. (a) 1,877   60,439
Rimini Street Inc. (a) 1,572   7,326
RingCentral Inc., Class A (a) 500   19,980
Riot Blockchain Inc. (a) 3,938   27,605
Roper Technologies Inc. 814   292,747
Salesforce Inc. (a) 7,621   1,096,205
ShotSpotter Inc. (a) 286   8,225
Smartsheet Inc., Class A (a) 900   30,924
Splunk Inc. (a) 1,210   90,992
Sprout Social Inc., Class A (a) 1,546   93,811
SPS Commerce Inc. (a) 1,224   152,058
Sumo Logic Inc. (a) 3,828   28,710
Synopsys Inc. (a) 1,184   361,724
The Trade Desk Inc., Class A (a) 3,411   203,807
Tyler Technologies Inc. (a) 304   105,640
Unity Software Inc. (a) 1,498   47,726
Upland Software Inc. (a) 1,029   8,366
UserTesting Inc. (a) 1,421   5,570
Verint Systems Inc. (a) 2,141   71,895
Veritone Inc. (a) 1,275   7,178
Viant Technology Inc., Class A (a) 600   2,526
WM Technology Inc. (a) 2,193   3,531
Workday Inc., Class A (a) 1,510   229,852
Workiva Inc. (a) 1,606   124,947
Yext Inc. (a) 4,044   18,036
Zendesk Inc. (a) 806   61,337
Zeta Global Holdings Corp., Class A (a) 3,688   24,378
Zoom Video Communications Inc., Class A (a) 1,974   145,267
      9,886,694
Asset Management & Custody Banks - 0.3%
Affiliated Managers Group Inc. 400   44,740
Ameriprise Financial Inc. (b) 867   218,441
Ares Management Corp., Class A (b) 1,222   75,703
Artisan Partners Asset Management Inc., Class A (b) 2,084   56,122
AssetMark Financial Holdings Inc. (a) 690   12,620
Associated Capital Group Inc., Class A 100   3,676
BlackRock Inc. (b) 1,168   642,727
Blackstone Inc. (b) 5,512   461,354
Blucora Inc. (a) 1,606   31,060
Blue Owl Capital Inc. (b) 3,800   35,074
Brightsphere Investment Group Inc. (b) 1,086   16,192
Cohen & Steers Inc. (b) 878   54,989
Diamond Hill Investment Group Inc. (b) 101   16,665
Federated Hermes Inc. (b) 2,882   95,452
Focus Financial Partners Inc., Class A (a)(b) 2,010   63,335
Franklin Resources Inc. (b) 2,400   51,648
GAMCO Investors Inc., Class A (b) 120   2,046
GCM Grosvenor Inc., Class A (b) 1,381   10,896
Hamilton Lane Inc., Class A (b) 1,186   70,697
Invesco Ltd. (b) 3,500   47,950
KKR & Company Inc. (b) 4,305   185,115
 
See Notes to Schedule of Investments.
36 State Street Total Return V.I.S. Fund
State Street Total Return V.I.S. Fund
Schedule of Investments
September 30, 2022 (Unaudited)
  Number
of Shares 		  Fair
Value
Manning & Napier Inc. (b) 470   $5,767
Northern Trust Corp. 1,532   131,078
Pzena Investment Management Inc., Class A 476   4,513
Sculptor Capital Management Inc. 798   7,054
SEI Investments Co. 1,000   49,050
Silvercrest Asset Management Group Inc., Class A 289   4,725
State Street Corp. (d) 2,961   180,058
StepStone Group Inc., Class A 1,816   44,510
T Rowe Price Group Inc. 1,757   184,503
The Bank of New York Mellon Corp. 5,906   227,499
The Carlyle Group Inc. (b) 1,951   50,414
Victory Capital Holdings Inc., Class A 544   12,681
Virtus Investment Partners Inc. 245   39,082
WisdomTree Investments Inc. 4,611   21,580
      3,159,016
Auto Parts & Equipment - 0.1%
American Axle & Manufacturing Holdings Inc. (a) 3,849   26,289
BorgWarner Inc. 2,286   71,780
Dana Inc. (b) 4,466   51,046
Dorman Products Inc. (a)(b) 886   72,758
Fox Factory Holding Corp. (a)(b) 1,432   113,243
Gentex Corp. (b) 1,658   39,527
Gentherm Inc. (a)(b) 1,148   57,090
Holley Inc. (a)(b) 1,728   6,998
LCI Industries (b) 837   84,922
Lear Corp. (b) 400   47,876
Luminar Technologies Inc. (a)(b) 8,227   59,934
Modine Manufacturing Co. (a)(b) 1,669   21,597
Motorcar Parts of America Inc. (a)(b) 595   9,056
Patrick Industries Inc. 755   33,099
QuantumScape Corp. (a) 1,300   10,933
Solid Power Inc. (a) 4,423   23,265
Standard Motor Products Inc. 703   22,848
Stoneridge Inc. (a) 849   14,391
Tenneco Inc., Class A (a) 2,850   49,561
Visteon Corp. (a) 937   99,378
XPEL Inc. (a) 739   47,621
      963,212
Automobile Manufacturers - 0.5%
Canoo Inc. (a)(b) 3,693   6,925
Cenntro Electric Group Ltd. (a) 6,503   6,698
Faraday Future Intelligent Electric Inc. (a)(b) 3,333   2,121
Fisker Inc. (a)(b) 5,606   42,325
Ford Motor Co. (b) 31,191   349,339
General Motors Co. (b) 11,427   366,693
Lordstown Motors Corp., Class A (a)(b) 5,128   9,384
Lucid Group Inc. (a)(b) 3,800   53,086
Rivian Automotive Inc., Class A (a) 3,900   128,349
Tesla Inc. (a) 20,077   5,325,424
Thor Industries Inc. 334   23,373
Winnebago Industries Inc. 1,048   55,764
  Number
of Shares 		  Fair
Value
Workhorse Group Inc. (a) 4,845   $13,905
      6,383,386
Automotive Retail - 0.1%
Advance Auto Parts Inc. (b) 498   77,857
America's Car-Mart Inc. (a)(b) 200   12,204
Arko Corp. 2,883   27,071
Asbury Automotive Group Inc. (a) 747   112,872
AutoNation Inc. (a)(b) 382   38,914
AutoZone Inc. (a) 156   334,141
Camping World Holdings Inc., Class A (b) 1,312   33,220
CarMax Inc. (a)(b) 1,200   79,224
Carvana Co. (a)(b) 1,013   20,564
EVgo Inc. (a)(b) 2,251   17,806
Group 1 Automotive Inc. (b) 516   73,721
Lithia Motors Inc., Class A (b) 200   42,910
Monro Inc. (b) 1,079   46,893
Murphy USA Inc. (b) 730   200,684
OneWater Marine Inc., Class A (a) 354   10,659
O'Reilly Automotive Inc. (a) 505   355,192
Penske Automotive Group Inc. 270   26,576
Sonic Automotive Inc., Class A 683   29,574
TravelCenters of America Inc. (a) 412   22,219
Volta Inc. (a) 3,818   4,620
      1,566,921
Biotechnology - 1.0%
2seventy bio Inc. (a)(b) 1,247   18,144
4D Molecular Therapeutics Inc. (a)(b) 941   7,566
Aadi Bioscience Inc. (a)(b) 431   6,090
AbbVie Inc. (b) 13,972   1,875,182
ACADIA Pharmaceuticals Inc. (a) 4,162   68,090
Adicet Bio Inc. (a) 943   13,409
ADMA Biologics Inc. (a) 6,152   14,949
Aduro Biotech Inc. (a)(b) 4,580   595
Aerovate Therapeutics Inc. (a) 277   4,593
Agenus Inc. (a)(b) 9,150   18,757
Agios Pharmaceuticals Inc. (a)(b) 1,878   53,110
Akero Therapeutics Inc. (a)(b) 990   33,709
Albireo Pharma Inc. (a)(b) 568   10,996
Alector Inc. (a) 2,102   19,885
Allogene Therapeutics Inc. (a) 2,720   29,376
Allovir Inc. (a) 1,229   9,697
Alnylam Pharmaceuticals Inc. (a)(b) 981   196,357
Alpine Immune Sciences Inc. (a)(b) 639   4,601
ALX Oncology Holdings Inc. (a) 654   6,259
Amgen Inc. 4,229   953,217
Amicus Therapeutics Inc. (a)(b) 9,290   96,988
AnaptysBio Inc. (a) 668   17,041
Anavex Life Sciences Corp. (a) 2,325   23,994
Anika Therapeutics Inc. (a) 458   10,900
Apellis Pharmaceuticals Inc. (a)(b) 3,070   209,681
Arcellx Inc. (a)(b) 998   18,732
Arcturus Therapeutics Holdings Inc. (a)(b) 765   11,337
Arcus Biosciences Inc. (a)(b) 1,770   46,303
 
See Notes to Schedule of Investments.
State Street Total Return V.I.S. Fund 37
State Street Total Return V.I.S. Fund
Schedule of Investments
September 30, 2022 (Unaudited)
  Number
of Shares 		  Fair
Value
Arcutis Biotherapeutics Inc. (a)(b) 1,196   $22,856
Arrowhead Pharmaceuticals Inc. (a)(b) 3,475   114,849
Atara Biotherapeutics Inc. (a) 3,107   11,744
Aura Biosciences Inc. (a)(b) 569   10,310
Avid Bioservices Inc. (a)(b) 2,095   40,056
Avidity Biosciences Inc. (a)(b) 1,664   27,173
Beam Therapeutics Inc. (a)(b) 2,143   102,093
BioCryst Pharmaceuticals Inc. (a)(b) 6,229   78,485
Biogen Inc. (a)(b) 1,192   318,264
Biohaven Pharmaceutical Holding Company Ltd. (a) 2,107   318,515
BioMarin Pharmaceutical Inc. (a)(b) 1,389   117,746
Bioxcel Therapeutics Inc. (a)(b) 756   8,936
Bluebird Bio Inc. (a)(b) 2,343   14,831
Blueprint Medicines Corp. (a)(b) 2,016   132,834
Bridgebio Pharma Inc. (a)(b) 3,577   35,555
C4 Therapeutics Inc. (a)(b) 1,389   12,182
CareDx Inc. (a)(b) 1,751   29,802
Caribou Biosciences Inc. (a)(b) 1,730   18,251
Catalyst Pharmaceuticals Inc. (a)(b) 3,248   41,672
Celldex Therapeutics Inc. (a)(b) 1,574   44,245
Celularity Inc. (a)(b) 250   578
Century Therapeutics Inc. (a)(b) 612   6,053
Cerevel Therapeutics Holdings Inc. (a)(b) 1,875   52,987
ChemoCentryx Inc. (a)(b) 2,179   112,567
Chimerix Inc. (a)(b) 2,491   4,808
Chinook Therapeutics Inc. (a)(b) 1,486   29,215
Cogent Biosciences Inc. (a) 2,161   32,242
Coherus Biosciences Inc. (a) 2,483   23,862
Crinetics Pharmaceuticals Inc. (a)(b) 1,804   35,431
CTI BioPharma Corp. (a)(b) 3,123   18,176
Cullinan Oncology Inc. (a)(b) 985   12,628
Cytokinetics Inc. (a)(b) 2,770   134,206
Day One Biopharmaceuticals Inc. (a)(b) 774   15,503
Deciphera Pharmaceuticals Inc. (a)(b) 1,514   28,009
Denali Therapeutics Inc. (a)(b) 3,320   101,891
Design Therapeutics Inc. (a)(b) 1,140   19,061
Dynavax Technologies Corp. (a)(b) 4,090   42,700
Dyne Therapeutics Inc. (a)(b) 996   12,649
Eagle Pharmaceuticals Inc. (a)(b) 345   9,115
Editas Medicine Inc. (a)(b) 2,362   28,911
Eiger BioPharmaceuticals Inc. (a)(b) 1,294   9,744
Emergent BioSolutions Inc. (a)(b) 1,739   36,502
Enanta Pharmaceuticals Inc. (a)(b) 670   34,753
Enochian Biosciences Inc. (a)(b) 1,151   2,083
EQRx Inc. (a)(b) 6,785   33,586
Erasca Inc. (a)(b) 2,144   16,723
Exact Sciences Corp. (a)(b) 1,500   48,735
Exelixis Inc. (a)(b) 2,400   37,632
  Number
of Shares 		  Fair
Value
Fate Therapeutics Inc. (a)(b) 2,796   $62,658
FibroGen Inc. (a)(b) 2,995   38,965
Foghorn Therapeutics Inc. (a)(b) 650   5,577
Forma Therapeutics Holdings Inc. (a)(b) 1,151   22,962
Generation Bio Co. (a) 1,644   8,730
Geron Corp. (a)(b) 12,133   28,391
Gilead Sciences Inc. (b) 9,955   614,124
Global Blood Therapeutics Inc. (a)(b) 2,102   143,146
Gossamer Bio Inc. (a)(b) 2,096   25,110
GreenLight Biosciences Holdings PBC (a) 232   538
Halozyme Therapeutics Inc. (a)(b) 4,586   181,330
Heron Therapeutics Inc. (a)(b) 3,352   14,145
HilleVax Inc. (a)(b) 375   6,409
Horizon Therapeutics PLC (a)(b) 1,709   105,770
Humacyte Inc. (a)(b) 409   1,333
Icosavax Inc. (a)(b) 949   2,999
Ideaya Biosciences Inc. (a)(b) 1,191   17,770
IGM Biosciences Inc. (a) 298   6,777
Imago Biosciences Inc. (a)(b) 846   12,732
ImmunityBio Inc. (a)(b) 2,688   13,359
ImmunoGen Inc. (a)(b) 7,364   35,200
Immunovant Inc. (a)(b) 1,706   9,519
Incyte Corp. (a)(b) 1,546   103,025
Inhibrx Inc. (a)(b) 972   17,447
Inovio Pharmaceuticals Inc. (a)(b) 7,287   12,570
Insmed Inc. (a)(b) 4,016   86,505
Instil Bio Inc. (a)(b) 2,220   10,745
Intellia Therapeutics Inc. (a)(b) 2,546   142,474
Intercept Pharmaceuticals Inc. (a)(b) 802   11,188
Invivyd Inc. (a)(b) 1,522   4,764
Ionis Pharmaceuticals Inc. (a)(b) 1,000   44,230
Iovance Biotherapeutics Inc. (a) 5,214   49,950
Ironwood Pharmaceuticals Inc. (a)(b) 4,722   48,920
iTeos Therapeutics Inc. (a)(b) 790   15,049
IVERIC bio Inc. (a)(b) 4,023   72,173
Janux Therapeutics Inc. (a)(b) 544   7,366
Jounce Therapeutics Inc. (a)(b) 1,241   2,904
KalVista Pharmaceuticals Inc. (a)(b) 772   11,202
Karuna Therapeutics Inc. (a) 996   224,030
Karyopharm Therapeutics Inc. (a)(b) 2,418   13,202
Keros Therapeutics Inc. (a)(b) 559   21,030
Kezar Life Sciences Inc. (a)(b) 1,549   13,337
Kiniksa Pharmaceuticals Ltd., Class A (a) 1,014   13,020
Kinnate Biopharma Inc. (a)(b) 962   11,496
Kodiak Sciences Inc. (a)(b) 1,076   8,328
Kronos Bio Inc. (a)(b) 1,217   4,077
Krystal Biotech Inc. (a)(b) 723   50,393
Kura Oncology Inc. (a)(b) 2,176   29,724
Kymera Therapeutics Inc. (a)(b) 1,291   28,105
Legend Biotech Corp. ADR (a) 500   20,400
Lexicon Pharmaceuticals Inc. (a)(b) 2,184   5,242
 
See Notes to Schedule of Investments.
38 State Street Total Return V.I.S. Fund
State Street Total Return V.I.S. Fund
Schedule of Investments
September 30, 2022 (Unaudited)
  Number
of Shares 		  Fair
Value
Ligand Pharmaceuticals Inc. (a)(b) 521   $44,863
Lyell Immunopharma Inc. (a)(b) 5,925   43,430
MacroGenics Inc. (a)(b) 1,842   6,373
Madrigal Pharmaceuticals Inc. (a)(b) 434   28,206
MannKind Corp. (a)(b) 8,524   26,339
MeiraGTx Holdings PLC (a) 960   8,074
Mersana Therapeutics Inc. (a)(b) 2,915   19,705
MiMedx Group Inc. (a)(b) 3,609   10,358
Mirati Therapeutics Inc. (a)(b) 300   20,952
Mirum Pharmaceuticals Inc. (a)(b) 523   10,988
Moderna Inc. (a)(b) 2,708   320,221
Monte Rosa Therapeutics Inc. (a)(b) 929   7,590
Morphic Holding Inc. (a)(b) 869   24,593
Myriad Genetics Inc. (a)(b) 2,745   52,375
Natera Inc. (a)(b) 500   21,910
Neurocrine Biosciences Inc. (a)(b) 700   74,347
Nkarta Inc. (a) 1,076   14,160
Novavax Inc. (a) 800   14,560
Nurix Therapeutics Inc. (a) 1,506   19,623
Nuvalent Inc., Class A (a) 522   10,148
Ocugen Inc. (a) 7,212   12,837
Organogenesis Holdings Inc. (a) 2,288   7,413
Outlook Therapeutics Inc. (a) 3,310   4,038
Pardes Biosciences Inc. (a) 688   1,273
PepGen Inc. (a) 208   1,889
PMV Pharmaceuticals Inc. (a) 1,238   14,732
Point Biopharma Global Inc. (a) 2,494   19,279
Praxis Precision Medicines Inc. (a) 1,064   2,415
Precigen Inc. (a) 4,200   8,904
Prometheus Biosciences Inc. (a) 997   58,833
Protagonist Therapeutics Inc. (a) 1,523   12,839
PTC Therapeutics Inc. (a) 2,368   118,874
Rallybio Corp. (a) 472   6,830
RAPT Therapeutics Inc. (a) 870   20,932
Recursion Pharmaceuticals Inc., Class A (a) 4,639   49,359
Regeneron Pharmaceuticals Inc. (a) 801   551,785
REGENXBIO Inc. (a) 1,378   36,421
Relay Therapeutics Inc. (a) 2,639   59,034
Replimune Group Inc. (a) 1,017   17,564
REVOLUTION Medicines Inc. (a) 2,172   42,832
Rigel Pharmaceuticals Inc. (a) 6,097   7,194
Rocket Pharmaceuticals Inc. (a) 1,480   23,621
Sage Therapeutics Inc. (a) 1,802   70,566
Sana Biotechnology Inc. (a) 3,017   18,102
Sangamo Therapeutics Inc. (a) 4,013   19,664
Sarepta Therapeutics Inc. (a) 600   66,324
Seagen Inc. (a) 1,100   150,513
Seres Therapeutics Inc. (a) 2,213   14,207
Sorrento Therapeutics Inc. (a) 12,998   20,407
SpringWorks Therapeutics Inc. (a) 1,187   33,865
Stoke Therapeutics Inc. (a) 721   9,258
  Number
of Shares 		  Fair
Value
Sutro Biopharma Inc. (a) 1,770   $9,824
Syndax Pharmaceuticals Inc. (a) 1,770   42,533
Talaris Therapeutics Inc. (a) 1,022   2,688
Tango Therapeutics Inc. (a) 1,381   4,999
Tenaya Therapeutics Inc. (a) 791   2,294
TG Therapeutics Inc. (a) 4,512   26,711
Travere Therapeutics Inc. (a) 2,100   51,744
Twist Bioscience Corp. (a) 1,890   66,604
Tyra Biosciences Inc. (a) 583   5,125
Ultragenyx Pharmaceutical Inc. (a) 700   28,987
United Therapeutics Corp. (a) 311   65,117
Vanda Pharmaceuticals Inc. (a) 1,873   18,505
Vaxart Inc. (a) 4,149   9,045
Vaxcyte Inc. (a) 1,812   43,488
VBI Vaccines Inc. (a) 5,711   4,031
Vera Therapeutics Inc. (a) 426   9,078
Veracyte Inc. (a) 2,478   41,135
Vericel Corp. (a) 1,623   37,654
Vertex Pharmaceuticals Inc. (a) 1,981   573,579
Verve Therapeutics Inc. (a) 1,536   52,762
Vir Biotechnology Inc. (a) 2,514   48,470
Viridian Therapeutics Inc. (a) 912   18,705
VistaGen Therapeutics Inc. (a) 6,880   1,046
Xencor Inc. (a) 1,985   51,570
Y-mAbs Therapeutics Inc. (a) 1,239   17,866
Zentalis Pharmaceuticals Inc. (a) 1,316   28,505
      12,183,431
Brewers - 0.0% *
Molson Coors Beverage Co., Class B (b) 1,300   62,387
The Boston Beer Company Inc., Class A (a)(b) 114   36,896
      99,283
Broadcasting - 0.0% *
AMC Networks Inc., Class A (a)(b) 1,032   20,950
Audacy Inc. (a)(b) 5,877   2,269
Cumulus Media Inc., Class A (a)(b) 526   3,698
Entravision Communications Corp., Class A (b) 1,898   7,535
Fox Corp., Class A 2,800   85,904
Fox Corp., Class B (b) 800   22,800
Gray Television Inc. (b) 2,771   39,681
iHeartMedia Inc., Class A (a)(b) 4,106   30,097
Nexstar Media Group Inc., Class A (b) 324   54,059
Paramount Global, Class B 4,204   80,044
Sinclair Broadcast Group Inc., Class A 1,421   25,706
TEGNA Inc. 7,522   155,555
The EW Scripps., Class A (a)(b) 1,984   22,360
Urban One Inc. (a) 835   3,690
      554,348
Building Products - 0.2%
A O Smith Corp. (b) 1,106   53,730
AAON Inc. 1,475   79,473
 
See Notes to Schedule of Investments.
State Street Total Return V.I.S. Fund 39
State Street Total Return V.I.S. Fund
Schedule of Investments
September 30, 2022 (Unaudited)
  Number
of Shares 		  Fair
Value
Advanced Drainage Systems Inc. (b) 500   $62,185
American Woodmark Corp. (a) 561   24,605
Apogee Enterprises Inc. 757   28,933
Armstrong World Industries Inc. (b) 300   23,769
Builders FirstSource Inc. (a)(b) 1,300   76,596
Carlisle Companies Inc. (b) 380   106,556
Carrier Global Corp. (b) 6,892   245,080
CSW Industrials Inc. (b) 494   59,181
Fortune Brands Home & Security Inc. (b) 935   50,200
Gibraltar Industries Inc. (a)(b) 1,072   43,877
Griffon Corp. (b) 1,583   46,730
Insteel Industries Inc. (b) 633   16,794
Janus International Group Inc. (a)(b) 2,775   24,753
JELD-WEN Holding Inc. (a)(b) 2,969   25,979
Johnson Controls International PLC (b) 5,395   265,542
Lennox International Inc. (b) 300   66,801
Masco Corp. (b) 1,700   79,373
Masonite International Corp. (a)(b) 780   55,606
Owens Corning 699   54,948
PGT Innovations Inc. (a) 2,021   42,360
Quanex Building Products Corp. 1,125   20,430
Resideo Technologies Inc. (a) 4,871   92,841
Simpson Manufacturing Company Inc. 1,463   114,699
The AZEK Company Inc. (a)(b) 1,400   23,268
Trex Company Inc. (a) 996   43,764
UFP Industries Inc. 2,019   145,691
View Inc. (a) 3,430   4,596
Zurn Water Solutions Corp. 4,186   102,557
      2,080,917
Cable & Satellite - 0.1%
Altice USA Inc., Class A (a)(b) 700   4,081
Cable One Inc. (b) 43   36,681
Charter Communications Inc., Class A (a)(b) 891   270,285
Comcast Corp., Class A (b) 35,089   1,029,160
DISH Network Corp., Class A (a)(b) 1,700   23,511
Liberty Broadband Corp., Class A (a)(b) 300   22,380
Liberty Broadband Corp., Class C (a)(b) 1,100   81,180
Liberty Media Corp-Liberty SiriusXM, Class A (a) 500   19,035
Liberty Media Corp-Liberty SiriusXM, Class C (a) 1,297   48,910
Sirius XM Holdings Inc. 6,300   35,973
WideOpenWest Inc. (a) 1,834   22,503
      1,593,699
Casinos & Gaming - 0.1%
Accel Entertainment Inc. (a)(b) 1,984   15,495
Bally's Corp. (a)(b) 1,227   24,246
Boyd Gaming Corp. (b) 600   28,590
Caesars Entertainment Inc. (a)(b) 1,559   50,293
Century Casinos Inc. (a)(b) 963   6,317
Churchill Downs Inc. (b) 300   55,245
DraftKings Inc., Class A (a) 2,700   40,878
Everi Holdings Inc. (a)(b) 3,032   49,179
  Number
of Shares 		  Fair
Value
Full House Resorts Inc. (a)(b) 993   $5,581
Golden Entertainment Inc. (a)(b) 695   24,249
Inspired Entertainment Inc. (a)(b) 674   5,951
International Game Technology PLC 3,446   54,447
Las Vegas Sands Corp. (a)(b) 2,459   92,262
Light & Wonder Inc., Class A (a)(b) 3,188   136,701
MGM Resorts International (b) 2,600   77,272
Monarch Casino & Resort Inc. (a)(b) 452   25,375
Penn Entertainment Inc. (a) 1,100   30,261
Red Rock Resorts Inc., Class A 1,712   58,653
Rush Street Interactive Inc. (a) 1,976   7,272
Wynn Resorts Ltd. (a) 870   54,836
      843,103
Coal & Consumable Fuels - 0.0% *
Arch Resources Inc. (b) 528   62,621
Centrus Energy Corp., Class A (a)(b) 344   14,097
CONSOL Energy Inc. (b) 1,187   76,348
Energy Fuels Inc. (a)(b) 5,313   32,515
Enviva Inc. (b) 300   18,018
NACCO Industries Inc., Class A (b) 117   5,502
Peabody Energy Corp. (a) 3,951   98,064
Ur-Energy Inc. (a) 6,373   6,947
      314,112
Commercial Printing - 0.0% *
Brady Corp., Class A (b) 1,540   64,264
Deluxe Corp. (b) 1,478   24,609
Ennis Inc. (b) 850   17,110
Quad/Graphics Inc. (a) 943   2,414
      108,397
Commodity Chemicals - 0.1%
AdvanSix Inc. (b) 930   29,853
Cabot Corp. (b) 1,876   119,858
Dow Inc. (b) 5,586   245,393
Hawkins Inc. (b) 656   25,577
Koppers Holdings Inc. (b) 683   14,193
Kronos Worldwide Inc. (b) 783   7,313
LyondellBasell Industries N.V., Class A (b) 2,134   160,648
Mativ Holdings Inc. (b) 1,867   41,223
Olin Corp. 1,090   46,739
Origin Materials Inc. (a) 3,574   18,442
PureCycle Technologies Inc. (a) 3,602   29,068
Tredegar Corp. 871   8,222
Trinseo PLC 1,247   22,845
Valvoline Inc. 1,500   38,010
Westlake Corp. 300   26,064
      833,448
Communications Equipment - 0.2%
Adtran Holdings Inc. 2,425   47,481
Arista Networks Inc. (a) 1,953   220,474
Aviat Networks Inc. (a)(b) 355   9,720
Calix Inc. (a)(b) 1,912   116,900
Cambium Networks Corp. (a) 346   5,854
Casa Systems Inc. (a)(b) 1,006   3,149
 
See Notes to Schedule of Investments.
40 State Street Total Return V.I.S. Fund
State Street Total Return V.I.S. Fund
Schedule of Investments
September 30, 2022 (Unaudited)
  Number
of Shares 		  Fair
Value
Ciena Corp. (a)(b) 1,379   $55,753
Cisco Systems Inc. (b) 32,956   1,318,240
Clearfield Inc. (a)(b) 394   41,228
CommScope Holding Company Inc. (a)(b) 6,872   63,291
Comtech Telecommunications Corp. (b) 805   8,058
Digi International Inc. (a)(b) 1,163   40,205
DZS Inc. (a) 527   5,955
Extreme Networks Inc. (a)(b) 4,393   57,417
F5 Inc. (a)(b) 400   57,892
Harmonic Inc. (a)(b) 3,137   41,001
Infinera Corp. (a)(b) 6,490   31,412
Inseego Corp. (a)(b) 2,591   5,363
Juniper Networks Inc. (b) 2,355   61,513
Lumentum Holdings Inc. (a)(b) 500   34,285
Motorola Solutions Inc. (b) 1,329   297,656
NETGEAR Inc. (a)(b) 949   19,018
NetScout Systems Inc. (a)(b) 2,307   72,255
Ondas Holdings Inc. (a) 995   3,682
Ribbon Communications Inc. (a) 2,211   4,908
ViaSat Inc. (a) 400   12,092
Viavi Solutions Inc. (a) 7,668   100,067
      2,734,869
Computer & Electronics Retail - 0.0% *
Best Buy Company Inc. 1,538   97,417
Conn's Inc. (a)(b) 364   2,577
GameStop Corp., Class A (a)(b) 2,000   50,260
Rent-A-Center Inc. 1,821   31,886
      182,140
Construction & Engineering - 0.1%
AECOM (b) 1,000   68,370
Ameresco Inc., Class A (a)(b) 1,096   72,862
API Group Corp. (a)(b) 6,972   92,518
Arcosa Inc. 1,630   93,203
Argan Inc. (b) 468   15,056
Comfort Systems USA Inc. (b) 1,195   116,309
Concrete Pumping Holdings Inc. (a)(b) 770   4,967
Construction Partners Inc., Class A (a) 1,357   35,594
Dycom Industries Inc. (a)(b) 972   92,855
EMCOR Group Inc. (b) 1,651   190,658
Fluor Corp. (a)(b) 4,796   119,372
Granite Construction Inc. (b) 1,567   39,786
Great Lakes Dredge & Dock Corp. (a)(b) 2,223   16,850
IES Holdings Inc. (a)(b) 282   7,789
Infrastructure and Energy Alternatives Inc. (a)(b) 971   13,147
MasTec Inc. (a)(b) 400   25,400
MDU Resources Group Inc. (b) 1,600   43,760
MYR Group Inc. (a)(b) 577   48,889
Northwest Pipe Co. (a) 315   8,852
NV5 Global Inc. (a) 467   57,824
Primoris Services Corp. 1,822   29,608
Quanta Services Inc. 1,138   144,970
Sterling Infrastructure Inc. (a) 989   21,234
Tutor Perini Corp. (a) 1,309   7,226
Valmont Industries Inc. 200   53,724
WillScot Mobile Mini Holdings Corp. (a) 1,600   64,528
      1,485,351
  Number
of Shares 		  Fair
Value
Construction Machinery & Heavy Trucks - 0.1%
Alamo Group Inc. 346   $42,306
Allison Transmission Holdings Inc. (b) 600   20,256
Astec Industries Inc. 780   24,328
Blue Bird Corp. (a) 523   4,367
Caterpillar Inc. (b) 4,215   691,597
Cummins Inc. (b) 1,058   215,314
Douglas Dynamics Inc. (b) 760   21,295
Federal Signal Corp. (b) 2,007   74,901
Hyliion Holdings Corp. (a)(b) 4,415   12,671
Hyzon Motors Inc. (a)(b) 2,626   4,464
Lightning eMotors Inc. (a)(b) 1,124   1,742
Microvast Holdings Inc. (a)(b) 5,622   10,176
Miller Industries Inc. (b) 352   7,494
Nikola Corp. (a)(b) 10,075   35,464
Oshkosh Corp. 600   42,174
PACCAR Inc. 2,770   231,821
Proterra Inc. (a) 7,569   37,694
REV Group Inc. 1,109   12,232
Terex Corp. 2,289   68,075
The Greenbrier Companies Inc. (b) 1,088   26,406
The Manitowoc Company Inc. (a)(b) 1,344   10,416
The Shyft Group Inc. 1,167   23,842
Trinity Industries Inc. 2,773   59,204
Wabash National Corp. 1,647   25,627
Westinghouse Air Brake Technologies Corp. 1,541   125,360
Xos Inc. (a) 1,429   1,715
      1,830,941
Construction Materials - 0.0% *
Eagle Materials Inc. (b) 400   42,872
Martin Marietta Materials Inc. (b) 467   150,416
Summit Materials Inc., Class A (a) 3,997   95,768
U.S. Lime & Minerals Inc. 83   8,483
Vulcan Materials Co. 1,031   162,599
      460,138
Consumer Electronics - 0.0% *
GoPro Inc., Class A (a)(b) 4,434   21,860
Snap One Holdings Corp. (a) 759   7,696
Sonos Inc. (a) 4,294   59,687
Universal Electronics Inc. (a) 391   7,691
Vizio Holding Corp., Class A (a) 2,275   19,883
Vuzix Corp. (a) 2,095   12,130
      128,947
Consumer Finance - 0.2%
Ally Financial Inc. (b) 2,727   75,892
American Express Co. 4,757   641,767
Atlanticus Holdings Corp. (a)(b) 130   3,410
Bread Financial Holdings Inc. 1,734   54,534
Capital One Financial Corp. (b) 3,210   295,866
Consumer Portfolio Services Inc. (a)(b) 417   3,031
Credit Acceptance Corp. (a)(b) 52   22,776
Curo Group Holdings Corp. (b) 637   2,554
Discover Financial Services (b) 2,175   197,751
Encore Capital Group Inc. (a)(b) 829   37,703
 
See Notes to Schedule of Investments.
State Street Total Return V.I.S. Fund 41
State Street Total Return V.I.S. Fund
Schedule of Investments
September 30, 2022 (Unaudited)
  Number
of Shares 		  Fair
Value
Enova International Inc. (a)(b) 1,088   $31,846
EZCORP Inc., Class A (a)(b) 1,601   12,344
FirstCash Holdings Inc. 1,299   95,282
Green Dot Corp., Class A (a)(b) 1,670   31,697
LendingClub Corp. (a)(b) 3,481   38,465
LendingTree Inc. (a)(b) 349   8,327
Moneylion Inc. (a) 4,517   4,032
Navient Corp. (b) 3,761   55,249
Nelnet Inc., Class A (b) 514   40,704
NerdWallet Inc., Class A (a)(b) 781   6,927
OneMain Holdings Inc. 1,000   29,520
Oportun Financial Corp. (a) 864   3,776
PRA Group Inc. (a) 1,300   42,718
PROG Holdings Inc. (a) 1,688   25,286
Regional Management Corp. 248   6,954
SLM Corp. 2,700   37,773
SoFi Technologies Inc. (a) 4,700   22,936
Sunlight Financial Holdings Inc. (a) 623   772
Synchrony Financial 3,742   105,487
Upstart Holdings Inc. (a) 500   10,395
World Acceptance Corp. (a) 135   13,071
      1,958,845
Copper - 0.0% *
Freeport-McMoRan Inc. (b) 11,698   319,706
Data Processing & Outsourced Services - 0.7%
Affirm Holdings Inc. (a)(b) 1,700   31,892
Automatic Data Processing Inc. 3,329   752,987
AvidXchange Holdings Inc. (a)(b) 5,020   42,268
Block Inc. (a)(b) 4,232   232,718
Broadridge Financial Solutions Inc. (b) 947   136,671
Cantaloupe Inc. (a)(b) 1,892   6,584
Cass Information Systems Inc. (b) 447   15,506
Concentrix Corp. (b) 352   39,294
Conduent Inc. (a)(b) 5,751   19,208
CSG Systems International Inc. (b) 1,108   58,591
Euronet Worldwide Inc. (a)(b) 300   22,728
Evo Payments Inc., Class A (a) 1,625   54,112
ExlService Holdings Inc. (a)(b) 1,094   161,212
Fidelity National Information Services Inc. (b) 4,768   360,318
Fiserv Inc. (a)(b) 4,747   444,177
FleetCor Technologies Inc. (a)(b) 588   103,588
Flywire Corp. (a)(b) 1,899   43,601
Genpact Ltd. (b) 1,300   56,901
Global Payments Inc. (b) 2,213   239,115
I3 Verticals Inc., Class A (a)(b) 742   14,862
IBEX Holdings Ltd. (a) 147   2,730
International Money Express Inc. (a)(b) 1,102   25,115
Jack Henry & Associates Inc. (b) 538   98,061
Marqeta Inc., Class A (a)(b) 14,656   104,351
Mastercard Inc., Class A (b) 6,849   1,947,445
Maximus Inc. (b) 2,071   119,849
MoneyGram International Inc. (a)(b) 3,206   33,342
Paya Holdings Inc. (a) 2,941   17,970
Paychex Inc. 2,528   283,667
  Number
of Shares 		  Fair
Value
Payoneer Global Inc. (a) 7,406   $44,806
PayPal Holdings Inc. (a) 9,231   794,512
Priority Technology Holdings Inc. (a) 431   1,944
Remitly Global Inc. (a) 2,853   31,725
Repay Holdings Corp. (a) 3,009   21,244
Sabre Corp. (a) 11,301   58,200
Shift4 Payments Inc., Class A (a) 600   26,766
SS&C Technologies Holdings Inc. 1,700   81,175
The Western Union Co. 2,600   35,100
Toast Inc., Class A (a) 2,200   36,784
TTEC Holdings Inc. 648   28,713
Verra Mobility Corp. (a) 4,904   75,374
Visa Inc., Class A 12,966   2,303,410
WEX Inc. (a) 392   49,760
      9,058,376
Department Stores - 0.0% *
Dillard's Inc., Class A (b) 138   37,641
Kohl's Corp. (b) 1,200   30,180
Macy's Inc. (b) 2,700   42,309
Nordstrom Inc. 1,200   20,076
      130,206
Distillers & Vintners - 0.0% *
Brown-Forman Corp., Class B (b) 1,435   95,528
Brown-Forman Corp., Class A (b) 500   33,780
Constellation Brands Inc., Class A (b) 1,208   277,454
MGP Ingredients Inc. (b) 484   51,381
The Duckhorn Portfolio Inc. (a)(b) 1,251   18,052
Vintage Wine Estates Inc. (a) 972   2,692
      478,887
Distributors - 0.0% *
Funko Inc., Class A (a)(b) 1,082   21,878
Genuine Parts Co. (b) 1,100   164,252
LKQ Corp. (b) 2,246   105,899
Pool Corp. 287   91,326
Weyco Group Inc. 169   3,438
      386,793
Diversified Banks - 0.5%
Bank of America Corp. 55,351   1,671,600
Citigroup Inc. (b) 15,052   627,217
JPMorgan Chase & Co. (b) 22,941   2,397,335
NatWest Group PLC 98,993   246,508
U.S. Bancorp 10,500   423,360
Wells Fargo & Co. 29,859   1,200,929
      6,566,949
Diversified Chemicals - 0.0% *
Huntsman Corp. (b) 1,911   46,896
LSB Industries Inc. (a)(b) 1,049   14,948
The Chemours Co. (b) 1,000   24,650
      86,494
Diversified Metals & Mining - 0.0% *
5E Advanced Materials Inc. (a)(b) 1,069   10,861
Compass Minerals International Inc. (b) 1,176   45,311
 
See Notes to Schedule of Investments.
42 State Street Total Return V.I.S. Fund
State Street Total Return V.I.S. Fund
Schedule of Investments
September 30, 2022 (Unaudited)
  Number
of Shares 		  Fair
Value
Ferroglobe PLC (c)** 1,316   $—
Henan Shenhuo Coal & Power Co. Ltd., Class A 4,000   9,394
Materion Corp. (b) 704   56,320
MP Materials Corp. (a)(b) 800   21,840
Piedmont Lithium Inc. (a) 585   31,292
Sinomine Resource Group Company Ltd., Class A 800   10,255
Western Mining Company Ltd., Class A 6,100   7,955
Yunnan Tin Company Ltd., Class A 4,500   7,752
      200,980
Diversified Real Estate Activities - 0.0% *
Tejon Ranch Co. (a) 676   9,734
The RMR Group Inc., Class A 489   11,584
The St Joe Co. 1,187   38,020
      59,338
Diversified REITs - 0.1%
Alexander & Baldwin Inc. 2,492   41,317
American Assets Trust Inc. 1,703   43,801
Armada Hoffler Properties Inc. (b) 2,289   23,760
Broadstone Net Lease Inc. (b) 5,706   88,614
CTO Realty Growth Inc. (b) 677   12,687
Empire State Realty Trust Inc., Class A (b) 4,724   30,989
Essential Properties Realty Trust Inc. (b) 4,395   85,483
Gladstone Commercial Corp. (b) 1,299   20,134
Global Net Lease Inc. (b) 3,594   38,276
iStar Inc. (b) 2,264   20,965
One Liberty Properties Inc. 577   12,129
STORE Capital Corp. 2,332   73,062
WP Carey Inc. 1,431   99,884
      591,101
Diversified Support Services - 0.1%
ACV Auctions Inc., Class A (a)(b) 3,833   27,559
Cintas Corp. (b) 669   259,699
Copart Inc. (a)(b) 1,674   178,114
Driven Brands Holdings Inc. (a)(b) 300   8,394
Healthcare Services Group Inc. (b) 2,552   30,854
IAA Inc. (a)(b) 900   28,665
KAR Auction Services Inc. (a)(b) 3,879   43,328
Matthews International Corp., Class A (b) 1,041   23,329
UniFirst Corp. 504   84,788
Viad Corp. (a) 682   21,538
VSE Corp. 348   12,319
      718,587
Drug Retail - 0.0% *
Rite Aid Corp. (a) 1,790   8,861
Walgreens Boots Alliance Inc. 5,876   184,506
      193,367
Education Services - 0.1%
2U Inc. (a)(b) 2,545   15,906
Adtalem Global Education Inc. (a)(b) 1,551   56,534
  Number
of Shares 		  Fair
Value
American Public Education Inc. (a)(b) 601   $5,493
Bright Horizons Family Solutions Inc. (a)(b) 591   34,071
Chegg Inc. (a)(b) 4,183   88,136
Coursera Inc. (a)(b) 3,899   42,031
Duolingo Inc. (a)(b) 816   77,708
Graham Holdings Co., Class B (b) 126   67,785
Grand Canyon Education Inc. (a)(b) 200   16,450
Laureate Education Inc., Class A (b) 3,652   38,529
Nerdy Inc. (a) 1,544   3,258
Perdoceo Education Corp. (a) 2,324   23,937
PowerSchool Holdings Inc., Class A (a) 1,536   25,636
Strategic Eduction Inc. 794   48,759
Stride Inc. (a) 1,403   58,968
Udemy Inc. (a) 2,453   29,657
Universal Technical Institute Inc. (a) 974   5,299
      638,157
Electric Utilities - 0.4%
ALLETE Inc. 1,931   96,647
Alliant Energy Corp. 2,056   108,947
American Electric Power Company Inc. 4,088   353,408
Avangrid Inc. (b) 598   24,937
Constellation Energy Corp. (b) 2,507   208,557
Duke Energy Corp. (b) 5,988   557,004
Edison International (b) 2,911   164,704
Entergy Corp. (b) 1,584   159,398
Evergy Inc. (b) 1,987   118,028
Eversource Energy (b) 2,814   219,379
Exelon Corp. (b) 7,688   287,993
FirstEnergy Corp. (b) 4,128   152,736
Hawaiian Electric Industries Inc. (b) 1,100   38,126
IDACORP Inc. (b) 500   49,505
MGE Energy Inc. (b) 1,225   80,397
NextEra Energy Inc. (b) 15,557   1,219,824
NRG Energy Inc. 1,661   63,566
OGE Energy Corp. 1,850   67,451
Otter Tail Corp. 1,385   85,205
PG&E Corp. (a) 12,800   160,000
Pinnacle West Capital Corp. 884   57,027
PNM Resources Inc. 2,883   131,840
Portland General Electric Co. 3,021   131,293
PPL Corp. 5,600   141,960
The Southern Co. 8,385   570,180
Via Renewables Inc. 307   2,121
Xcel Energy Inc. 4,273   273,472
      5,523,705
Electrical Components & Equipment - 0.2%
Acuity Brands Inc. (b) 200   31,494
Allied Motion Technologies Inc. 458   13,108
AMETEK Inc. 1,827   207,200
Array Technologies Inc. (a)(b) 5,071   84,077
Atkore Inc. (a) 1,391   108,234
Blink Charging Co. (a)(b) 1,247   22,097
ChargePoint Holdings Inc. (a)(b) 1,300   19,188
Eaton Corporation PLC (b) 3,218   429,152
Emerson Electric Co. (b) 4,629   338,935
 
See Notes to Schedule of Investments.
State Street Total Return V.I.S. Fund 43
State Street Total Return V.I.S. Fund
Schedule of Investments
September 30, 2022 (Unaudited)
  Number
of Shares 		  Fair
Value
Encore Wire Corp. (b) 639   $73,830
EnerSys (b) 1,392   80,973
Enovix Corp. (a)(b) 3,718   68,170
ESS Tech Inc. (a) 2,528   10,340
Fluence Energy Inc. (a)(b) 1,181   17,231
FTC Solar Inc. (a) 1,229   3,638
FuelCell Energy Inc. (a)(b) 12,746   43,464
Generac Holdings Inc. (a)(b) 498   88,714
GrafTech International Ltd. (b) 6,768   29,170
Heliogen Inc. (a)(b) 1,114   2,072
Hubbell Inc. (b) 400   89,200
Plug Power Inc. (a) 4,000   84,040
Powell Industries Inc. 277   5,839
Preformed Line Products Co. 73   5,194
Regal Rexnord Corp. 467   65,548
Rockwell Automation Inc. 922   198,331
Sensata Technologies Holding plc 1,500   55,920
Shoals Technologies Group Inc., Class A (a) 3,760   81,028
Stem Inc. (a) 4,948   66,006
SunPower Corp. (a) 2,818   64,927
Sunrun Inc. (a) 1,400   38,626
Thermon Group Holdings Inc. (a) 1,103   16,997
Vertiv Holdings Co. 2,100   20,412
Vicor Corp. (a) 756   44,710
Walsin Lihwa Corp. 8,000   10,104
      2,517,969
Electronic Components - 0.1%
Akoustis Technologies Inc. (a)(b) 1,579   4,690
Amphenol Corp., Class A 4,699   314,645
Belden Inc. 1,477   88,650
Coherent Corp. (a) 873   30,424
Corning Inc. (b) 6,117   177,515
Knowles Corp. (a)(b) 3,094   37,654
Lightwave Logic Inc. (a)(b) 3,825   28,075
Littelfuse Inc. (b) 200   39,738
Rogers Corp. (a) 634   153,352
Vishay Intertechnology Inc. 4,446   79,094
      953,837
Electronic Equipment & Instruments - 0.1%
908 Devices Inc. (a)(b) 724   11,910
Advanced Energy Industries Inc. 1,266   98,001
Aeva Technologies Inc. (a)(b) 3,153   5,896
AEye Inc. (a) 1,538   1,707
Arlo Technologies Inc. (a)(b) 2,850   13,224
Badger Meter Inc. 984   90,912
Cognex Corp. (b) 1,300   53,885
Evolv Technologies Holdings Inc. (a)(b) 2,558   5,423
FARO Technologies Inc. (a)(b) 613   16,821
Focus Universal Inc. (a)(b) 545   5,112
Identiv Inc. (a)(b) 704   8,828
Itron Inc. (a)(b) 1,514   63,755
Keysight Technologies Inc. (a)(b) 1,373   216,055
MicroVision Inc. (a)(b) 5,632   20,331
Mirion Technologies Inc. (a) 4,670   34,885
Napco Security Technologies Inc. (a)(b) 995   28,935
National Instruments Corp. (b) 900   33,966
nLight Inc. (a) 1,459   13,788
  Number
of Shares 		  Fair
Value
Novanta Inc. (a) 1,200   $138,780
OSI Systems Inc. (a) 558   40,209
Ouster Inc. (a) 5,568   5,364
PAR Technology Corp. (a) 908   26,813
SmartRent Inc. (a) 3,995   9,069
Teledyne Technologies Inc. (a) 371   125,201
Trimble Inc. (a) 2,132   115,704
Velodyne Lidar Inc. (a) 5,871   5,560
Vishay Precision Group Inc. (a) 393   11,629
Vontier Corp. 1,699   28,390
Zebra Technologies Corp., Class A (a) 359   94,062
      1,324,215
Electronic Manufacturing Services - 0.0% *
Benchmark Electronics Inc. (b) 1,188   29,439
CTS Corp. (b) 1,087   45,273
IPG Photonics Corp. (a)(b) 200   16,870
Jabil Inc. (b) 1,214   70,060
Kimball Electronics Inc. (a)(b) 797   13,669
Methode Electronics Inc. (b) 1,247   46,326
Plexus Corp. (a) 923   80,818
Sanmina Corp. (a) 1,925   88,704
TTM Technologies Inc. (a) 3,483   45,906
      437,065
Environmental & Facilities Services - 0.1%
ABM Industries Inc. 2,256   86,247
Aris Water Solution Inc., Class A (b) 724   9,238
BrightView Holdings Inc. (a)(b) 1,489   11,823
Casella Waste Systems Inc., Class A (a)(b) 1,684   128,641
Clean Harbors Inc. (a)(b) 300   32,994
Harsco Corp. (a)(b) 2,626   9,821
Heritage-Crystal Clean Inc. (a)(b) 507   14,992
Montrose Environmental Group Inc. (a)(b) 940   31,631
Republic Services Inc. 1,690   229,907
Rollins Inc. 1,678   58,193
SP Plus Corp. (a) 788   24,680
Stericycle Inc. (a) 700   29,477
Tetra Tech Inc. 500   64,265
Waste Management Inc. 3,309   530,135
      1,262,044
Fertilizers & Agricultural Chemicals - 0.1%
American Vanguard Corp. 986   18,438
CF Industries Holdings Inc. (b) 1,582   152,267
Corteva Inc. (b) 5,702   325,869
FMC Corp. (b) 964   101,895
Intrepid Potash Inc. (a)(b) 370   14,641
The Mosaic Co. (b) 2,647   127,930
The Scotts Miracle-Gro Co. 462   19,751
      760,791
Financial Exchanges & Data - 0.2%
Bakkt Holdings Inc. (a) 1,663   3,792
Cboe Global Markets Inc. (b) 852   99,999
CME Group Inc. (b) 2,822   499,861
Coinbase Global Inc., Class A (a)(b) 1,200   77,388
Donnelley Financial Solutions Inc. (a)(b) 873   32,275
 
See Notes to Schedule of Investments.
44 State Street Total Return V.I.S. Fund
State Street Total Return V.I.S. Fund
Schedule of Investments
September 30, 2022 (Unaudited)
  Number
of Shares 		  Fair
Value
FactSet Research Systems Inc. (b) 300   $120,033
Intercontinental Exchange Inc. 4,320   390,312
MarketAxess Holdings Inc. (b) 290   64,522
MarketWise Inc. (a)(b) 991   2,259
Moody's Corp. (b) 1,238   300,970
Morningstar Inc. (b) 200   42,464
MSCI Inc. (b) 606   255,605
Nasdaq Inc. (b) 2,838   160,858
Open Lending Corp., Class A (a) 3,613   29,048
S&P Global Inc. 2,651   809,483
Tradeweb Markets Inc., Class A 973   54,897
Value Line Inc. 20   878
      2,944,644
Food Distributors - 0.0% *
HF Foods Group Inc. (a)(b) 1,059   4,098
Performance Food Group Co. (a) 1,100   47,245
SpartanNash Co. 1,225   35,549
Sysco Corp. 4,118   291,184
The Andersons Inc. 1,096   34,009
The Chefs' Warehouse Inc. (a)(b) 1,174   34,011
U.S. Foods Holding Corp. (a) 1,700   44,948
United Natural Foods Inc. (a) 1,953   67,125
      558,169
Food Retail - 0.0% *
Albertsons Companies Inc., Class A 1,000   24,860
Casey's General Stores Inc. (b) 278   56,300
Grocery Outlet Holding Corp. (a)(b) 500   16,645
Ingles Markets Inc., Class A (b) 489   38,734
Natural Grocers by Vitamin Cottage Inc. (b) 425   4,586
Sprouts Farmers Market Inc. (a) 3,696   102,564
The Kroger Co. (b) 5,339   233,581
Village Super Market Inc., Class A 352   6,804
Weis Markets Inc. 565   40,251
      524,325
Footwear - 0.1%
Allbirds Inc., Class A (a)(b) 3,139   9,543
Crocs Inc. (a)(b) 2,048   140,616
Deckers Outdoor Corp. (a)(b) 200   62,522
NIKE Inc., Class B (b) 9,671   803,853
Rocky Brands Inc. 216   4,333
Skechers U.S.A. Inc., Class A (a) 900   28,548
Steven Madden Ltd. 2,653   70,755
Wolverine World Wide Inc. 2,613   40,214
      1,160,384
Forest Products - 0.0% *
Louisiana-Pacific Corp. (b) 700   35,833
Gas Utilities - 0.1%
Atmos Energy Corp. 1,134   115,498
Chesapeake Utilities Corp. (b) 604   69,696
National Fuel Gas Co. (b) 700   43,085
  Number
of Shares 		  Fair
Value
New Jersey Resources Corp. (b) 3,248   $125,698
Northwest Natural Holding Co. 1,180   51,188
ONE Gas Inc. 1,815   127,758
South Jersey Industries Inc. 4,144   138,492
Southwest Gas Holdings Inc. (a) 2,230   155,543
Spire Inc. 1,719   107,145
UGI Corp. 1,500   48,495
      982,598
General Merchandise Stores - 0.1%
Big Lots Inc. 947   14,783
Dollar General Corp. (b) 1,837   440,623
Dollar Tree Inc. (a)(b) 1,726   234,908
Franchise Group Inc. (b) 940   22,842
Ollie's Bargain Outlet Holdings Inc. (a) 500   25,800
Target Corp. 3,574   530,346
      1,269,302
Gold - 0.0% *
Chifeng Jilong Gold Mining Company Ltd., Class A (a) 3,300   9,403
Coeur Mining Inc. (a)(b) 9,467   32,377
Hycroft Mining Holding Corp. (a)(b) 4,283   2,589
Newmont Corp. (b) 6,417   269,706
Royal Gold Inc. 563   52,821
SSR Mining Inc. 1,900   27,949
      394,845
Health Care REITs - 0.1%
CareTrust REIT Inc. (b) 3,341   60,506
Community Healthcare Trust Inc. (b) 808   26,462
Diversified Healthcare Trust (b) 7,592   7,517
Global Medical REIT Inc. (b) 2,064   17,585
Healthcare Realty Trust Inc. 2,800   58,380
Healthpeak Properties Inc. (b) 4,536   103,965
LTC Properties Inc. (b) 1,344   50,333
Medical Properties Trust Inc. (b) 5,300   62,858
National Health Investors Inc. (b) 1,485   83,947
Omega Healthcare Investors Inc. 1,700   50,133
Physicians Realty Trust 7,587   114,108
Sabra Health Care REIT Inc. 7,780   102,074
Universal Health Realty Income Trust REIT 433   18,710
Ventas Inc. 3,038   122,036
Welltower Inc. 3,514   226,021
      1,104,635
Healthcare Distributors - 0.1%
AdaptHealth Corp. (a)(b) 2,489   46,743
AmerisourceBergen Corp. (b) 1,208   163,479
Cardinal Health Inc. (b) 2,045   136,360
Covetrus Inc. (a)(b) 3,670   76,630
Henry Schein Inc. (a)(b) 972   63,928
McKesson Corp. (b) 1,121   380,994
Owens & Minor Inc. 2,479   59,744
Patterson Companies Inc. 2,930   70,379
PetIQ Inc. (a) 913   6,300
      1,004,557
 
See Notes to Schedule of Investments.
State Street Total Return V.I.S. Fund 45
State Street Total Return V.I.S. Fund
Schedule of Investments
September 30, 2022 (Unaudited)
  Number
of Shares 		  Fair
Value
Healthcare Equipment - 0.6%
Abbott Laboratories 13,532   $1,309,356
ABIOMED Inc. (a) 361   88,683
Alphatec Holdings Inc. (a)(b) 2,351   20,548
AngioDynamics Inc. (a)(b) 1,264   25,861
Artivion Inc. (a)(b) 1,321   18,283
AtriCure Inc. (a)(b) 1,578   61,700
AxoGen Inc. (a)(b) 1,293   15,412
Axonics Inc. (a)(b) 1,582   111,436
Baxter International Inc. 4,117   221,742
Becton Dickinson & Co. 2,245   500,253
Boston Scientific Corp. (a)(b) 11,167   432,498
Butterfly Network Inc. (a)(b) 4,437   20,854
Cardiovascular Systems Inc. (a)(b) 1,335   18,503
CONMED Corp. (b) 949   76,081
Cue Health Inc. (a)(b) 3,462   10,421
Cutera Inc. (a)(b) 560   25,536
Dexcom Inc. (a)(b) 3,000   241,620
Edwards Lifesciences Corp. (a)(b) 4,871   402,491
Enovis Corp. (a)(b) 433   19,948
Envista Holdings Corp. (a)(b) 1,200   39,372
Glaukos Corp. (a)(b) 1,544   82,202
Globus Medical Inc., Class A (a)(b) 800   47,656
Heska Corp. (a)(b) 329   23,991
Hologic Inc. (a)(b) 2,000   129,040
IDEXX Laboratories Inc. (a)(b) 640   208,512
Inari Medical Inc. (a)(b) 1,627   118,185
Inogen Inc. (a)(b) 775   18,817
Inspire Medical Systems Inc. (a)(b) 919   163,003
Insulet Corp. (a)(b) 530   121,582
Integer Holdings Corp. (a)(b) 1,143   71,129
Integra LifeSciences Holdings Corp. (a)(b) 800   33,888
Intuitive Surgical Inc. (a)(b) 2,856   535,329
iRadimed Corp. (b) 287   8,627
iRhythm Technologies Inc. (a) 1,007   126,157
LeMaitre Vascular Inc. (b) 665   33,702
Masimo Corp. (a)(b) 376   53,076
Mesa Laboratories Inc. (b) 172   24,223
Nevro Corp. (a)(b) 1,206   56,200
NuVasive Inc. (a) 1,760   77,106
Omnicell Inc. (a) 1,483   129,065
Orthofix Medical Inc. (a) 645   12,326
Outset Medical Inc. (a) 1,632   25,998
Paragon 28 Inc. (a) 1,572   28,013
Penumbra Inc. (a) 200   37,920
PROCEPT BioRobotics Corp. (a) 871   36,112
QuidelOrtho Corp. (a) 400   28,592
ResMed Inc. 1,159   253,010
SeaSpine Holdings Corp. (a) 1,076   6,112
Senseonics Holdings Inc. (a) 15,338   20,246
Shockwave Medical Inc. (a) 1,204   334,796
SI-BONE Inc. (a) 1,086   18,961
Sight Sciences Inc. (a) 646   4,102
STERIS PLC 660   109,745
Stryker Corp. 2,803   567,720
Surmodics Inc. (a) 455   13,832
Tactile Systems Technology Inc. (a) 563   4,386
Tandem Diabetes Care Inc. (a) 400   19,140
Teleflex Inc. 410   82,599
TransMedics Group Inc. (a) 917   38,276
  Number
of Shares 		  Fair
Value
Treace Medical Concepts Inc. (a) 1,119   $24,696
Varex Imaging Corp. (a) 1,315   27,799
Vicarious Surgical Inc. (a) 1,656   5,548
ViewRay Inc. (a) 4,771   17,366
Zimmer Biomet Holdings Inc. 1,670   174,598
ZIMVIE Inc. (a) 663   6,544
Zynex Inc. 674   6,113
      7,626,638
Healthcare Facilities - 0.1%
Acadia Healthcare Company Inc. (a)(b) 700   54,726
Brookdale Senior Living Inc. (a)(b) 6,320   26,986
Cano Health Inc. (a)(b) 5,529   47,936
Community Health Systems Inc. (a)(b) 4,171   8,968
Encompass Health Corp. 600   27,138
Hanger Inc. (a)(b) 1,270   23,774
HCA Healthcare Inc. (b) 1,763   324,022
National HealthCare Corp. (b) 429   27,173
Select Medical Holdings Corp. 3,515   77,681
Surgery Partners Inc. (a) 1,363   31,894
Tenet Healthcare Corp. (a) 1,000   51,580
The Ensign Group Inc. (b) 1,818   144,531
The Joint Corp. (a) 497   7,808
The Oncology Institute Inc. (a) 506   2,343
The Pennat Group Inc. (a) 832   8,661
U.S. Physical Therapy Inc. 443   33,677
Universal Health Services Inc., Class B 620   54,672
      953,570
Healthcare Services - 0.3%
1Life Healthcare Inc. (a)(b) 6,069   104,083
23andMe Holding Co., Class A (a)(b) 8,717   24,931
Accolade Inc. (a)(b) 1,964   22,429
Addus HomeCare Corp. (a) 532   50,668
Agiliti Inc. (a)(b) 923   13,208
agilon health Inc. (a)(b) 1,600   37,472
AirSculpt Technologies Inc. 383   2,463
Amedisys Inc. (a) 300   29,037
AMN Healthcare Services Inc. (a) 1,461   154,807
Apollo Medical Holdings Inc. (a)(b) 1,346   52,494
ATI Physical Therapy Inc. (a)(b) 4,356   4,356
Aveanna Healthcare Holdings Inc. (a)(b) 2,000   3,000
CareMax Inc. (a)(b) 2,107   14,939
Castle Biosciences Inc. (a)(b) 801   20,890
Chemed Corp. (b) 129   56,316
Cigna Corp. (b) 2,430   674,252
CorVel Corp. (a)(b) 309   42,775
Cross Country Healthcare Inc. (a)(b) 1,249   35,434
CVS Health Corp. (b) 10,318   984,028
DaVita Inc. (a)(b) 587   48,586
DocGo Inc. (a)(b) 2,713   26,913
Enhabit Inc. (a) 550   7,722
Fulgent Genetics Inc. (a)(b) 741   28,247
Guardant Health Inc. (a)(b) 700   37,681
Hims & Hers Health Inc. (a)(b) 4,103   22,895
Innovage Holding Corp. (a)(b) 1,000   5,880
Invitae Corp. (a)(b) 7,767   19,107
 
See Notes to Schedule of Investments.
46 State Street Total Return V.I.S. Fund
State Street Total Return V.I.S. Fund
Schedule of Investments
September 30, 2022 (Unaudited)
  Number
of Shares 		  Fair
Value
Laboratory Corporation of America Holdings (b) 687   $140,704
LHC Group Inc. (a)(b) 1,007   164,806
LifeStance Health Group Inc. (a)(b) 2,335   15,458
ModivCare Inc. (a)(b) 434   43,261
National Research Corp. (b) 480   19,104
Oak Street Health Inc. (a) 900   22,068
OPKO Health Inc. (a) 13,850   26,176
Option Care Health Inc. (a) 5,265   165,689
P3 Health Partners Inc. (a) 702   3,243
Pediatrix Medical Group Inc. (a) 2,804   46,294
Premier Inc., Class A 800   27,152
Privia Health Group Inc. (a) 1,495   50,920
Quest Diagnostics Inc. 929   113,979
R1 RCM Inc. (a) 5,073   94,003
RadNet Inc. (a) 1,669   33,964
Sema4 Holdings Corp. (a) 4,939   4,334
Signify Health Inc., Class A (a) 200   5,830
      3,501,598
Healthcare Supplies - 0.1%
Align Technology Inc. (a) 559   115,775
Atrion Corp. 47   26,555
Avanos Medical Inc. (a)(b) 1,621   35,305
BioLife Solutions Inc. (a)(b) 1,135   25,821
Bioventus Inc., Class A (a)(b) 971   6,797
Cerus Corp. (a)(b) 5,903   21,251
DENTSPLY SIRONA Inc. (b) 1,967   55,765
Embecta Corp. (b) 1,976   56,889
Figs Inc., Class A (a)(b) 4,384   36,168
Haemonetics Corp. (a)(b) 1,711   126,665
ICU Medical Inc. (a)(b) 200   30,120
Lantheus Holdings Inc. (a)(b) 2,308   162,322
Meridian Bioscience Inc. (a)(b) 1,482   46,728
Merit Medical Systems Inc. (a)(b) 1,883   106,408
Neogen Corp. (a)(b) 3,758   52,499
OraSure Technologies Inc. (a) 2,272   8,611
OrthoPediatrics Corp. (a) 485   22,378
Pulmonx Corp. (a) 1,147   19,109
RxSight Inc. (a) 727   8,724
Silk Road Medical Inc. (a) 1,191   53,595
STAAR Surgical Co. (a) 1,618   114,150
The Cooper Companies Inc. (b) 330   87,087
UFP Technologies Inc. (a) 229   19,657
Utah Medical Products Inc. 111   9,469
      1,247,848
Healthcare Technology - 0.1%
Allscripts Healthcare Solutions Inc. (a)(b) 3,688   56,168
American Well Corp., Class A (a)(b) 7,858   28,210
Certara Inc. (a) 1,400   18,592
Change Healthcare Inc. (a)(b) 1,700   46,733
Computer Programs & Systems Inc. (a)(b) 475   13,243
Convey Health Solutions Holdings Inc. (a)(b) 465   4,887
Doximity Inc., Class A (a)(b) 900   27,198
Evolent Health Inc., Class A (a)(b) 2,758   99,095
Health Catalyst Inc. (a)(b) 1,845   17,896
HealthStream Inc. (a)(b) 810   17,221
  Number
of Shares 		  Fair
Value
Multiplan Corp. (a)(b) 13,094   $37,449
NextGen Healthcare Inc. (a) 1,904   33,701
Nutex Health Inc. (a) 1,078   1,617
OptimizeRx Corp. (a) 591   8,759
Phreesia Inc. (a) 1,688   43,010
Schrodinger Inc. (a) 1,865   46,588
Sharecare Inc. (a) 9,938   18,882
Simulations Plus Inc. 533   25,872
Teladoc Health Inc. (a) 1,551   39,318
Veeva Systems Inc., Class A (a) 1,079   177,905
      762,344
Heavy Electrical Equipment - 0.0% *
AZZ Inc. 841   30,705
Babcock & Wilcox Enterprises Inc. (a)(b) 1,916   12,224
Bloom Energy Corp., Class A (a) 5,983   119,600
Energy Vault Holdings Inc. (a)(b) 679   3,585
NuScale Power Corp. (a) 524   6,120
TPI Composites Inc. (a) 1,216   13,717
      185,951
Home Building - 0.1%
Beazer Homes USA Inc. (a)(b) 1,053   10,182
Cavco Industries Inc. (a)(b) 308   63,374
Century Communities Inc. (b) 1,009   43,165
D.R. Horton Inc. (b) 2,640   177,804
Dream Finders Homes Inc., Class A (a) 641   6,795
Green Brick Partners Inc. (a)(b) 963   20,589
Hovnanian Enterprises Inc., Class A (a)(b) 163   5,819
Installed Building Products Inc. (b) 815   66,007
KB Home (b) 2,690   69,725
Landsea Homes Corp. (a)(b) 230   1,097
Legacy Housing Corp. (a)(b) 247   4,236
Lennar Corp., Class A (b) 2,105   156,928
LGI Homes Inc. (a)(b) 700   56,959
M/I Homes Inc. (a)(b) 944   34,201
MDC Holdings Inc. (b) 1,981   54,319
Meritage Homes Corp. (a)(b) 1,223   85,940
NVR Inc. (a) 21   83,729
PulteGroup Inc. 1,818   68,175
Skyline Champion Corp. (a) 1,798   95,060
Taylor Morrison Home Corp. (a) 3,705   86,401
Toll Brothers Inc. 1,015   42,630
TopBuild Corp. (a) 300   49,434
Tri Pointe Homes Inc. (a) 3,555   53,716
      1,336,285
Home Furnishing Retail - 0.0% *
Bed Bath & Beyond Inc. (a) 2,655   16,169
Haverty Furniture Companies Inc. (b) 496   12,350
RH (a) 170   41,832
Sleep Number Corp. (a) 731   24,715
The Aaron's Company Inc. (b) 1,008   9,798
Williams-Sonoma Inc. 555   65,407
      170,271
 
See Notes to Schedule of Investments.
State Street Total Return V.I.S. Fund 47
State Street Total Return V.I.S. Fund
Schedule of Investments
September 30, 2022 (Unaudited)
  Number
of Shares 		  Fair
Value
Home Furnishings - 0.0% *
Ethan Allen Interiors Inc. (b) 755   $15,961
La-Z-Boy Inc. (b) 1,474   33,268
Leggett & Platt Inc. (b) 1,000   33,220
Mohawk Industries Inc. (a)(b) 500   45,595
Purple Innovation Inc. (a) 2,308   9,348
Tempur Sealy International Inc. 1,200   28,968
The Lovesac Co. (a)(b) 464   9,456
      175,816
Home Improvement Retail - 0.3%
Floor & Decor Holdings Inc., Class A (a)(b) 700   49,182
GrowGeneration Corp. (a)(b) 1,791   6,268
LL Flooring Holdings Inc. (a)(b) 942   6,528
Lowe's Companies Inc. (b) 5,123   962,151
The Home Depot Inc. (b) 8,104   2,236,218
Tile Shop Holdings Inc. 1,007   3,545
      3,263,892
Hotel & Resort REITs - 0.1%
Apple Hospitality REIT Inc. (b) 7,250   101,935
Ashford Hospitality Trust Inc. (a) 1,085   7,389
Braemar Hotels & Resorts Inc. (b) 2,419   10,402
Chatham Lodging Trust (a)(b) 1,605   15,841
DiamondRock Hospitality Co. (b) 7,252   54,463
Hersha Hospitality Trust (b) 984   7,852
Host Hotels & Resorts Inc. (b) 5,254   83,434
Park Hotels & Resorts Inc. 2,200   24,772
Pebblebrook Hotel Trust 4,363   63,307
RLJ Lodging Trust 5,415   54,800
Ryman Hospitality Properties Inc. 1,817   133,713
Service Properties Trust 5,616   29,147
Summit Hotel Properties Inc. 3,560   23,923
Sunstone Hotel Investors Inc. 7,220   68,012
Xenia Hotels & Resorts Inc. 3,953   54,512
      733,502
Hotels, Resorts & Cruise Lines - 0.2%
Airbnb Inc., Class A (a) 3,000   315,120
Bluegreen Vacations Holding Corp. 505   8,343
Booking Holdings Inc. (a)(b) 314   515,968
Carnival Corp. (a)(b) 6,400   44,992
Choice Hotels International Inc. (b) 200   21,904
Expedia Group Inc. (a)(b) 1,178   110,367
Hilton Grand Vacations Inc. (a)(b) 3,024   99,459
Hilton Worldwide Holdings Inc. (b) 2,236   269,706
Hyatt Hotels Corp., Class A (a)(b) 500   40,480
Lindblad Expeditions Holdings Inc. (a)(b) 1,139   7,700
Marriott International Inc., Class A (b) 2,203   308,728
Marriott Vacations Worldwide Corp. (b) 355   43,260
Norwegian Cruise Line Holdings Ltd. (a) 4,100   46,576
Royal Caribbean Cruises Ltd. (a) 1,600   60,640
Sonder Holdings Inc. (a) 6,392   10,611
  Number
of Shares 		  Fair
Value
Target Hospitality Corp. (a) 975   $12,305
Travel + Leisure Co. 900   30,708
Vacasa Inc., Class A (a) 3,774   11,586
Wyndham Hotels & Resorts Inc. 900   55,215
      2,013,668
Household Appliances - 0.0% *
Aterian Inc. (a)(b) 1,776   2,202
Helen of Troy Ltd. (a)(b) 800   77,152
iRobot Corp. (a)(b) 920   51,824
Traeger Inc. (a) 856   2,414
Weber Inc., Class A 800   5,256
Whirlpool Corp. 358   48,262
      187,110
Household Products - 0.3%
Central Garden & Pet Co., Class A (a)(b) 1,409   48,131
Central Garden & Pet Co. (a)(b) 314   11,317
Church & Dwight Company Inc. (b) 1,828   130,592
Colgate-Palmolive Co. (b) 6,495   456,274
Energizer Holdings Inc. (b) 2,308   58,023
Kimberly-Clark Corp. (b) 2,698   303,633
Reynolds Consumer Products Inc. 400   10,404
Spectrum Brands Holdings Inc. 400   15,612
The Clorox Co. (b) 947   121,585
The Procter & Gamble Co. 18,912   2,387,640
WD-40 Co. 459   80,665
      3,623,876
Housewares & Specialties - 0.0% *
Lifetime Brands Inc. (b) 342   2,315
Newell Brands Inc. (b) 2,900   40,281
Tupperware Brands Corp. (a) 1,468   9,616
      52,212
Human Resource & Employment Services - 0.1%
Alight Inc., Class A (a)(b) 11,418   83,694
ASGN Inc. (a)(b) 1,656   149,653
Barrett Business Services Inc. 241   18,798
First Advantage Corp. (a)(b) 1,993   25,570
Heidrick & Struggles International Inc. (b) 659   17,127
HireRight Holdings Corp. (a)(b) 687   10,484
Insperity Inc. (b) 1,224   124,958
Kelly Services Inc., Class A (b) 1,190   16,172
Kforce Inc. (b) 701   41,114
Korn Ferry (b) 1,805   84,745
ManpowerGroup Inc. (b) 479   30,987
Robert Half International Inc. 775   59,288
Skillsoft Corp. (a) 2,868   5,248
Sterling Check Corp. (a) 782   13,794
TriNet Group Inc. (a) 1,261   89,808
TrueBlue Inc. (a) 1,103   21,045
Upwork Inc. (a) 4,028   54,861
      847,346
Hypermarkets & Super Centers - 0.3%
BJ's Wholesale Club Holdings Inc. (a)(b) 1,000   72,810
Costco Wholesale Corp. (b) 3,468   1,637,832
PriceSmart Inc. 851   49,009
 
See Notes to Schedule of Investments.
48 State Street Total Return V.I.S. Fund
State Street Total Return V.I.S. Fund
Schedule of Investments
September 30, 2022 (Unaudited)
  Number
of Shares 		  Fair
Value
Walmart Inc. 11,308   $1,466,648
      3,226,299
Independent Power Producers & Energy Traders - 0.0% *
ACWA Power Co. 215   9,575
Adani Power Ltd. (a) 4,836   21,984
The AES Corp. (b) 5,000   113,000
Vistra Corp. 3,300   69,300
      213,859
Industrial Conglomerates - 0.2%
3M Co. (b) 4,492   496,366
General Electric Co. (b) 8,648   535,398
Honeywell International Inc. (b) 5,454   910,654
      1,942,418
Industrial Gases - 0.0% *
Air Products & Chemicals Inc. 1,781   414,492
Industrial Machinery - 0.3%
3D Systems Corp. (a)(b) 4,357   34,769
Albany International Corp., Class A 1,062   83,718
Altra Industrial Motion Corp. (b) 2,186   73,493
Barnes Group Inc. 1,689   48,778
Berkshire Grey Inc. (a) 1,296   2,203
Chart Industries Inc. (a)(b) 1,241   228,778
CIRCOR International Inc. (a)(b) 592   9,762
Columbus McKinnon Corp. (b) 953   24,931
Crane Holdings Co. (b) 300   26,262
Desktop Metal Inc., Class A (a)(b) 8,910   23,077
Donaldson Company Inc. (b) 1,100   53,911
Dover Corp. (b) 1,074   125,207
Energy Recovery Inc. (a)(b) 1,915   41,632
Enerpac Tool Group Corp. (b) 2,091   37,283
EnPro Industries Inc. (b) 719   61,101
Esab Corp. (b) 433   14,445
ESCO Technologies Inc. (b) 891   65,435
Evoqua Water Technologies Corp. (a)(b) 3,970   131,288
Flowserve Corp. (b) 1,300   31,590
Fortive Corp. (b) 2,950   171,985
Franklin Electric Company Inc. (b) 1,555   127,059
Gates Industrial Corp. plc (a) 400   3,904
Graco Inc. (b) 1,239   74,278
Helios Technologies Inc. (b) 1,127   57,026
Hillenbrand Inc. (b) 2,339   85,888
Hillman Solutions Corp. (a)(b) 4,620   34,835
Hyster-Yale Materials Handling Inc. (b) 354   7,615
IDEX Corp. (b) 557   111,316
Illinois Tool Works Inc. (b) 2,502   451,986
Ingersoll Rand Inc. (b) 3,021   130,689
ITT Inc. (b) 500   32,670
John Bean Technologies Corp. (b) 1,066   91,676
Kadant Inc. (b) 389   64,889
Kennametal Inc. (b) 2,747   56,533
Lincoln Electric Holdings Inc. (b) 400   50,288
Markforged Holding Corp. (a)(b) 3,424   6,780
Mueller Industries Inc. (b) 1,886   112,104
  Number
of Shares 		  Fair
Value
Mueller Water Products Inc., Class A (b) 5,396   $55,417
Nordson Corp. 435   92,337
Omega Flex Inc. 107   9,910
Otis Worldwide Corp. 3,404   217,175
Parker-Hannifin Corp. 968   234,556
Proto Labs Inc. (a) 947   34,499
RBC Bearings Inc. (a) 964   200,329
Sarcos Technology and Robotics Corp. (a) 2,314   5,137
Snap-on Inc. 425   85,574
SPX Technologies Inc. (a) 1,488   82,167
Standex International Corp. 408   33,313
Stanley Black & Decker Inc. 1,187   89,274
Tennant Co. 636   35,972
The Gorman-Rupp Co. (b) 768   18,271
The Middleby Corp. (a)(b) 510   65,367
The Timken Co. 600   35,424
Velo3D Inc. (a) 1,676   6,603
Watts Water Technologies Inc., Class A 923   116,049
Xylem Inc. 1,343   117,325
      4,323,883
Industrial REITs - 0.1%
Americold Realty Trust Inc. (b) 2,100   51,660
Duke Realty Corp. (b) 3,119   150,336
EastGroup Properties Inc. (b) 300   43,302
First Industrial Realty Trust Inc. (b) 900   40,329
Indus Realty Trust Inc. (b) 174   9,112
Industrial Logistics Properties Trust (b) 2,219   12,205
Innovative Industrial Properties Inc. (b) 933   82,570
LXP Industrial Trust (b) 9,522   87,222
Plymouth Industrial REIT Inc. 1,275   21,433
Prologis Inc. 5,872   596,595
Rexford Industrial Realty Inc. 1,448   75,296
STAG Industrial Inc. 6,094   173,252
Terreno Realty Corp. 2,509   132,952
      1,476,264
Insurance Brokers - 0.1%
Aon PLC, Class A (b) 1,643   440,110
Arthur J Gallagher & Co. (b) 1,707   292,273
Brown & Brown Inc. (b) 1,800   108,864
BRP Group Inc., Class A (a)(b) 2,018   53,174
Crawford & Co., Class A (b) 448   2,572
eHealth Inc. (a)(b) 1,017   3,977
Goosehead Insurance Inc., Class A (a) 652   23,237
Hippo Holdings Inc. (a) 304   5,642
Marsh & McLennan Companies Inc. (b) 3,932   587,008
Ryan Specialty Holdings Inc. (a) 800   32,496
Selectquote Inc. (a) 4,077   2,976
      1,552,329
Integrated Oil & Gas - 0.4%
Chevron Corp. (b) 15,484   2,224,586
Exxon Mobil Corp. (b) 32,918   2,874,071
Occidental Petroleum Corp. 6,439   395,676
      5,494,333
 
See Notes to Schedule of Investments.
State Street Total Return V.I.S. Fund 49
State Street Total Return V.I.S. Fund
Schedule of Investments
September 30, 2022 (Unaudited)
  Number
of Shares 		  Fair
Value
Integrated Telecommunication Services - 0.2%
AT&T Inc. (b) 56,240   $862,722
ATN International Inc. (b) 366   14,117
Bezeq The Israeli Telecommunication Corp. Ltd. 39,083   64,054
Consolidated Communications Holdings Inc. (a)(b) 2,484   10,333
Frontier Communications Parent Inc. (a)(b) 2,300   53,889
IDT Corp., Class B (a)(b) 476   11,819
Ooma Inc. (a) 734   9,028
Radius Global Infrastructure Inc., Class A (a) 2,562   24,134
Starry Group Holdings Inc., Class A (a) 594   885
Verizon Communications Inc. 33,084   1,256,199
      2,307,180
Interactive Home Entertainment - 0.1%
Activision Blizzard Inc. (b) 6,042   449,162
Electronic Arts Inc. (b) 2,261   261,620
Playstudios Inc. (a) 2,800   9,772
ROBLOX Corp., Class A (a) 3,600   129,024
Skillz Inc. (a) 10,074   10,276
Take-Two Interactive Software Inc. (a) 1,283   139,847
      999,701
Interactive Media & Services - 1.0%
Alphabet Inc., Class C (a)(b) 42,920   4,126,758
Alphabet Inc., Class A (a)(b) 47,320   4,526,158
Bumble Inc., Class A (a)(b) 2,905   62,428
Cargurus Inc. (a)(b) 3,541   50,176
Cars.com Inc. (a)(b) 2,344   26,956
DHI Group Inc. (a)(b) 1,273   6,849
Eventbrite Inc., Class A (a)(b) 2,623   15,948
EverQuote Inc., Class A (a)(b) 800   5,456
fuboTV Inc. (a)(b) 5,855   20,785
IAC Inc. (a)(b) 500   27,690
Match Group Inc. (a)(b) 2,163   103,283
MediaAlpha Inc., Class A (a)(b) 714   6,248
Meta Platforms Inc., Class A (a)(b) 18,084   2,453,637
Outbrain Inc. (a) 1,221   4,457
Pinterest Inc., Class A (a) 4,697   109,440
QuinStreet Inc. (a) 1,742   18,291
Shutterstock Inc. 836   41,942
The Arena Group Holdings Inc. (a) 303   3,969
TripAdvisor Inc. (a) 900   19,872
TrueCar Inc. (a) 2,943   4,444
Twitter Inc. (a) 6,103   267,556
Vimeo Inc. (a) 4,883   19,532
Vinco Ventures Inc. (a) 5,612   5,226
Yelp Inc. (a) 2,381   80,740
Ziff Davis Inc. (a) 1,540   105,459
ZipRecruiter Inc., Class A (a) 2,750   45,375
ZoomInfo Technologies Inc. (a) 2,000   83,320
      12,241,995
Internet & Direct Marketing Retail - 0.7%
1-800-Flowers.com Inc., Class A (a)(b) 860   5,581
1stdibs.com Inc. (a)(b) 672   4,227
  Number
of Shares 		  Fair
Value
aka Brands Holding Corp. (a)(b) 589   $854
Amazon.com Inc. (a) 70,120   7,923,560
BARK Inc. (a)(b) 1,254   2,282
CarParts.com Inc. (a) 1,627   8,412
ContextLogic Inc., Class A (a)(b) 19,398   14,236
DoorDash Inc., Class A (a)(b) 1,900   93,955
Duluth Holdings Inc., Class B (a) 355   2,499
eBay Inc. (b) 4,548   167,412
Etsy Inc. (a)(b) 991   99,229
Groupon Inc. (a)(b) 669   5,325
Lands' End Inc. (a)(b) 462   3,567
Liquidity Services Inc. (a)(b) 814   13,236
Lulu's Fashion Lounge Holdings Inc. (a)(b) 400   1,864
Overstock.com Inc. (a) 1,461   35,575
PetMed Express Inc. 670   13,079
Porch Group Inc. (a) 2,408   5,418
Poshmark Inc., Class A (a) 1,531   23,991
Quotient Technology Inc. (a) 2,846   6,574
Qurate Retail Inc., Series A 11,917   23,953
Rent the Runway Inc., Class A (a) 1,423   3,131
Revolve Group Inc. (a) 1,403   30,431
RumbleON Inc., Class B (a) 309   5,228
Stitch Fix Inc., Class A (a) 2,692   10,634
The RealReal Inc. (a) 2,649   3,974
ThredUp Inc., Class A (a) 1,704   3,135
Vivid Seats Inc., Class A 740   5,668
Wayfair Inc., Class A (a) 600   19,530
Xometry Inc., Class A (a) 1,161   65,933
      8,602,493
Internet Services & Infrastructure - 0.1%
Akamai Technologies Inc. (a)(b) 1,214   97,508
BigCommerce Holdings Inc. (a)(b) 2,203   32,604
Brightcove Inc. (a)(b) 1,660   10,458
Cloudflare Inc., Class A (a)(b) 2,285   126,383
Core Scientific Inc. (a)(b) 7,137   9,278
Cyxtera Technologies Inc. (a)(b) 1,425   5,814
DigitalOcean Holdings Inc. (a)(b) 2,354   85,144
Edgio Inc. (a)(b) 4,448   12,365
Fastly Inc., Class A (a)(b) 3,841   35,184
GoDaddy Inc., Class A (a)(b) 1,200   85,056
MongoDB Inc. (a)(b) 473   93,919
Okta Inc. (a) 1,061   60,339
Rackspace Technology Inc. (a) 1,832   7,475
Snowflake Inc., Class A (a) 2,410   409,604
SolarWinds Corp. (a) 1,618   12,539
Squarespace Inc., Class A (a) 1,063   22,706
Switch Inc., Class A 900   30,321
Twilio Inc., Class A (a) 1,247   86,218
VeriSign Inc. (a) 807   140,176
      1,363,091
Investment Banking & Brokerage - 0.3%
B Riley Financial Inc. (b) 693   30,852
BGC Partners Inc., Class A (b) 10,978   34,471
Cowen Inc., Class A (b) 896   34,621
Evercore Inc., Class A (b) 266   21,879
Houlihan Lokey Inc. (b) 1,688   127,241
 
See Notes to Schedule of Investments.
50 State Street Total Return V.I.S. Fund
State Street Total Return V.I.S. Fund
Schedule of Investments
September 30, 2022 (Unaudited)
  Number
of Shares 		  Fair
Value
Interactive Brokers Group Inc., Class A (b) 800   $51,128
Jefferies Financial Group Inc. (b) 1,409   41,566
Lazard Ltd., Class A (b) 1,000   31,830
LPL Financial Holdings Inc. (b) 603   131,743
Moelis & Co., Class A 2,170   73,368
Morgan Stanley (b) 9,997   789,863
Oppenheimer Holdings Inc., Class A 285   8,829
Perella Weinberg Partners 1,475   9,337
Piper Sandler Cos. 574   60,121
PJT Partners Inc., Class A 829   55,394
Raymond James Financial Inc. 1,592   157,321
Robinhood Markets Inc., Class A (a) 3,700   37,370
Stifel Financial Corp. 700   36,337
Stonex Group Inc. (a) 592   49,101
The Charles Schwab Corp. (b) 11,981   861,074
The Goldman Sachs Group Inc. (b) 2,592   759,586
Virtu Financial Inc., Class A 1,000   20,770
      3,423,802
IT Consulting & Other Services - 0.1%
Amdocs Ltd. (b) 1,067   84,773
Cerberus Cyber Sentinel Corp. (a)(b) 1,297   3,826
Cognizant Technology Solutions Corp., Class A (b) 4,002   229,875
DXC Technology Co. (a)(b) 1,700   41,616
Elm Co. 115   9,616
EPAM Systems Inc. (a)(b) 465   168,418
Gartner Inc. (a)(b) 589   162,970
Grid Dynamics Holdings Inc. (a)(b) 1,656   31,017
Information Services Group Inc. (b) 1,069   5,089
International Business Machines Corp. (b) 7,053   837,967
Kyndryl Holdings Inc. (a)(b) 559   4,623
Perficient Inc. (a) 1,150   74,773
PFSweb Inc. (a) 481   4,483
The Hackett Group Inc. (b) 903   16,001
Thoughtworks Holding Inc. (a) 500   5,245
Unisys Corp. (a) 2,256   17,033
      1,697,325
Leisure Facilities - 0.0% *
Bowlero Corp. (a)(b) 1,292   15,905
F45 Training Holdings Inc. (a)(b) 1,459   4,508
Life Time Group Holdings Inc. (a)(b) 1,410   13,748
Planet Fitness Inc., Class A (a) 600   34,596
RCI Hospitality Holdings Inc. 294   19,210
SeaWorld Entertainment Inc. (a) 1,420   64,624
Six Flags Entertainment Corp. (a) 600   10,620
Vail Resorts Inc. 300   64,692
Xponential Fitness Inc., Class A (a) 521   9,513
      237,416
Leisure Products - 0.0% *
Acushnet Holdings Corp. 1,182   51,405
AMMO Inc. (a)(b) 3,087   9,045
  Number
of Shares 		  Fair
Value
Brunswick Corp. (b) 500   $32,725
Clarus Corp. (b) 972   13,093
Hasbro Inc. (b) 1,100   74,162
Johnson Outdoors Inc., Class A (b) 174   8,928
Latham Group Inc. (a)(b) 1,359   4,879
Malibu Boats Inc., Class A (a)(b) 713   34,217
Marine Products Corp. (b) 208   1,760
MasterCraft Boat Holdings Inc. (a)(b) 646   12,177
Mattel Inc. (a)(b) 3,259   61,725
Peloton Interactive Inc., Class A (a) 2,272   15,745
Polaris Inc. 500   47,825
Smith & Wesson Brands Inc. 1,531   15,876
Solo Brands Inc., Class A (a) 588   2,234
Sturm Ruger & Company Inc. 592   30,068
Topgolf Callaway Brands Corp. (a)(b) 4,710   90,715
Vista Outdoor Inc. (a) 1,928   46,889
YETI Holdings Inc. (a) 500   14,260
      567,728
Life & Health Insurance - 0.1%
Aflac Inc. 4,955   278,471
American Equity Investment Life Holding Co. 2,444   91,137
Bright Health Group Inc. (a)(b) 6,321   6,637
Brighthouse Financial Inc. (a)(b) 370   16,065
CNO Financial Group Inc. (b) 3,832   68,861
Genworth Financial Inc., Class A (a)(b) 16,955   59,342
Globe Life Inc. (b) 600   59,820
Lincoln National Corp. (b) 1,286   56,468
MetLife Inc. (b) 5,542   336,843
National Western Life Group Inc., Class A (b) 75   12,810
Oscar Health Inc., Class A (a) 3,966   19,790
Primerica Inc. 400   49,380
Principal Financial Group Inc. 2,100   151,515
Prudential Financial Inc. 2,902   248,934
Trupanion Inc. (a) 1,311   77,913
Unum Group 1,800   69,840
      1,603,826
Life Sciences Tools & Services - 0.4%
10X Genomics Inc., Class A (a) 900   25,632
Absci Corp. (a)(b) 1,564   4,895
Adaptive Biotechnologies Corp. (a)(b) 3,820   27,198
Agilent Technologies Inc. (b) 2,406   292,449
Akoya Biosciences Inc. (a)(b) 646   7,590
Alpha Teknova Inc. (a)(b) 378   1,262
Avantor Inc. (a)(b) 4,600   90,160
Azenta Inc. (b) 700   30,002
Berkeley Lights Inc. (a) 1,728   4,942
Bionano Genomics Inc. (a)(b) 9,695   17,742
Bio-Rad Laboratories Inc., Class A (a) 161   67,160
Bio-Techne Corp. (b) 310   88,040
Bruker Corp. (b) 761   40,379
Charles River Laboratories International Inc. (a)(b) 428   84,230
Codexis Inc. (a)(b) 2,078   12,593
CryoPort Inc. (a)(b) 1,537   37,441
 
See Notes to Schedule of Investments.
State Street Total Return V.I.S. Fund 51
State Street Total Return V.I.S. Fund
Schedule of Investments
September 30, 2022 (Unaudited)
  Number
of Shares 		  Fair
Value
Cytek Biosciences Inc. (a)(b) 3,930   $57,850
Danaher Corp. (b) 5,111   1,320,120
Illumina Inc. (a)(b) 1,272   242,685
Inotiv Inc. (a)(b) 547   9,217
IQVIA Holdings Inc. (a)(b) 1,519   275,152
Maravai LifeSciences Holdings Inc., Class A (a)(b) 600   15,318
MaxCyte Inc. (a)(b) 2,888   18,772
Medpace Holdings Inc. (a)(b) 857   134,695
Mettler-Toledo International Inc. (a)(b) 175   189,721
NanoString Technologies Inc. (a)(b) 1,569   20,036
Nautilus Biotechnology Inc. (a)(b) 1,320   2,798
NeoGenomics Inc. (a)(b) 4,257   36,653
Pacific Biosciences of California Inc. (a) 7,750   44,989
PerkinElmer Inc. 1,060   127,550
Quanterix Corp. (a) 1,145   12,618
Quantum-Si Inc. (a) 2,881   7,923
Repligen Corp. (a) 406   75,967
Science 37 Holdings Inc. (a) 1,726   2,779
Seer Inc. (a) 1,729   13,382
Singular Genomics Systems Inc. (a) 1,705   4,262
SomaLogic Inc. (a) 5,082   14,738
Sotera Health Co. (a) 1,300   8,866
Syneos Health Inc. (a) 700   33,005
Thermo Fisher Scientific Inc. 3,067   1,555,552
Waters Corp. (a) 452   121,828
West Pharmaceutical Services Inc. 563   138,543
      5,316,734
Managed Healthcare - 0.5%
Alignment Healthcare Inc. (a)(b) 2,897   34,300
Centene Corp. (a)(b) 4,526   352,168
Clover Health Investments Corp. (a)(b) 13,045   22,176
Elevance Health Inc. 1,886   856,697
HealthEquity Inc. (a)(b) 2,803   188,278
Humana Inc. (b) 983   476,942
Molina Healthcare Inc. (a)(b) 439   144,800
Progyny Inc. (a) 2,520   93,391
UnitedHealth Group Inc. 7,345   3,709,519
      5,878,271
Marine - 0.0% *
Eagle Bulk Shipping Inc. 452   19,517
Eneti Inc. 664   4,429
Genco Shipping & Trading Ltd. 1,236   15,487
Kirby Corp. (a)(b) 600   36,462
Matson Inc. (b) 1,301   80,038
      155,933
Metal & Glass Containers - 0.0% *
AptarGroup Inc. 564   53,597
Ball Corp. 2,392   115,581
Berry Global Group Inc. (a)(b) 918   42,715
Crown Holdings Inc. (b) 947   76,735
Greif Inc., Class A (b) 892   53,136
Greif Inc., Class B (b) 170   10,336
Myers Industries Inc. (b) 1,235   20,340
O-I Glass Inc. (a) 5,389   69,788
Silgan Holdings Inc. 923   38,803
  Number
of Shares 		  Fair
Value
TriMas Corp. 1,455   $36,477
      517,508
Mortgage REITs - 0.1%
AFC Gamma Inc. (b) 502   7,681
AGNC Investment Corp. (b) 4,489   37,797
Angel Oak Mortgage Inc. (b) 346   4,145
Annaly Capital Management Inc. 3,575   61,347
Apollo Commercial Real Estate Finance Inc. (b) 4,855   40,296
Arbor Realty Trust Inc. 5,219   60,018
Ares Commercial Real Estate Corp. (b) 1,502   15,696
ARMOUR Residential REIT Inc. 3,485   16,972
Blackstone Mortgage Trust Inc., Class A (b) 5,751   134,228
BrightSpire Capital Inc. (b) 3,231   20,388
Broadmark Realty Capital Inc. (b) 4,443   22,704
Chicago Atlantic Real Estate Finance Inc. (b) 177   2,551
Chimera Investment Corp. (b) 7,981   41,661
Claros Mortgage Trust Inc. (b) 3,175   37,274
Dynex Capital Inc. (b) 1,224   14,260
Ellington Financial Inc. (b) 1,939   22,046
Franklin BSP Realty Trust Inc. (b) 2,891   31,136
Granite Point Mortgage Trust Inc. (b) 1,787   11,508
Hannon Armstrong Sustainable Infrastructure Capital Inc. (b) 2,873   85,989
Invesco Mortgage Capital Inc. (b) 1,107   12,288
KKR Real Estate Finance Trust Inc. (b) 1,768   28,730
Ladder Capital Corp. 3,906   34,998
MFA Financial Inc. (b) 3,524   27,417
New York Mortgage Trust Inc. (b) 13,034   30,500
Nexpoint Real Estate Finance Inc. (b) 224   3,355
Orchid Island Capital Inc. 1,190   9,758
PennyMac Mortgage Investment Trust 3,169   37,331
Ready Capital Corp. 2,529   25,644
Redwood Trust Inc. 4,110   23,591
Rithm Capital Corp. (b) 2,400   17,568
Starwood Property Trust Inc. 2,000   36,440
TPG RE Finance Trust Inc. 2,331   16,317
Two Harbors Investment Corp. 11,937   39,631
      1,011,265
Motorcycle Manufacturers - 0.0% *
Harley-Davidson Inc. (b) 1,100   38,368
Movies & Entertainment - 0.2%
AMC Entertainment Holdings Inc., Class A (a)(b) 3,800   26,486
Cinemark Holdings Inc. (a)(b) 3,767   45,618
Liberty Media Corp-Liberty Braves, Class A (a) 320   9,008
Liberty Media Corp-Liberty Braves, Class C (a) 1,288   35,420
Liberty Media Corp-Liberty Formula One, Class C (a)(b) 1,721   100,678
Lions Gate Entertainment Corp., Class A (a)(b) 1,940   14,414
 
See Notes to Schedule of Investments.
52 State Street Total Return V.I.S. Fund
State Street Total Return V.I.S. Fund
Schedule of Investments
September 30, 2022 (Unaudited)
  Number
of Shares 		  Fair
Value
Lions Gate Entertainment Corp., Class B (a)(b) 3,980   $27,661
Live Nation Entertainment Inc. (a)(b) 1,128   85,773
Madison Square Garden Entertainment Corp. (a)(b) 886   39,064
Madison Square Garden Sports Corp. (a)(b) 200   27,332
Netflix Inc. (a)(b) 3,525   829,926
Reservoir Media Inc. (a) 578   2,821
Roku Inc. (a) 884   49,858
The Marcus Corp. 759   10,543
The Walt Disney Co. (a) 14,456   1,363,634
Warner Bros Discovery Inc. (a) 19,146   220,179
World Wrestling Entertainment Inc., Class A 300   21,051
      2,909,466
Multi-Line Insurance - 0.0% *
American International Group Inc. 6,375   302,685
Assurant Inc. (b) 436   63,338
Horace Mann Educators Corp. (b) 1,436   50,676
The Hartford Financial Services Group Inc. (b) 2,494   154,478
      571,177
Multi-Sector Holdings - 0.3%
Berkshire Hathaway Inc., Class B (a) 14,243   3,803,166
Cannae Holdings Inc. (a)(b) 2,407   49,729
Compass Diversified Holdings (b) 2,088   37,709
      3,890,604
Multi-Utilities - 0.2%
Ameren Corp. 1,951   157,153
Avista Corp. (b) 2,439   90,365
Black Hills Corp. 2,195   148,667
CenterPoint Energy Inc. (b) 4,737   133,489
CMS Energy Corp. (b) 2,200   128,128
Consolidated Edison Inc. (b) 2,739   234,897
Dominion Energy Inc. (b) 6,342   438,296
DTE Energy Co. (b) 1,584   182,239
NiSource Inc. 3,013   75,897
NorthWestern Corp. 1,829   90,133
Public Service Enterprise Group Inc. 3,969   223,177
Sempra Energy 2,489   373,201
Unitil Corp. 543   25,222
WEC Energy Group Inc. 2,374   212,307
      2,513,171
Office REITs - 0.1%
Alexandria Real Estate Equities Inc. 1,292   181,125
Boston Properties Inc. (b) 1,200   89,964
Brandywine Realty Trust (b) 5,859   39,548
Corporate Office Properties Trust (b) 3,792   88,088
Cousins Properties Inc. (b) 1,600   37,360
Douglas Emmett Inc. (b) 1,000   17,930
Easterly Government Properties Inc. (b) 3,152   49,707
Equity Commonwealth (b) 3,630   88,427
Franklin Street Properties Corp. (b) 3,489   9,176
  Number
of Shares 		  Fair
Value
Highwoods Properties Inc. (b) 600   $16,176
Hudson Pacific Properties Inc. (b) 1,500   16,425
JBG SMITH Properties (b) 600   11,148
Kilroy Realty Corp. (b) 822   34,614
Office Properties Income Trust 1,639   23,028
Orion Office REIT Inc. 1,921   16,809
Paramount Group Inc. 6,426   40,034
Piedmont Office Realty Trust Inc., Class A 4,244   44,817
Postal Realty Trust Inc., Class A 566   8,303
SL Green Realty Corp. 198   7,952
Veris Residential Inc. (a) 2,954   33,587
Vornado Realty Trust 1,100   25,476
      879,694
Office Services & Supplies - 0.0% *
ACCO Brands Corp. (b) 3,194   15,651
CompX International Inc. 19   309
HNI Corp. (b) 1,456   38,598
Interface Inc. (b) 1,990   17,890
Kimball International Inc., Class B (b) 1,162   7,309
MillerKnoll Inc. (b) 2,634   41,090
MSA Safety Inc. (b) 200   21,856
NL Industries Inc. 196   1,515
Pitney Bowes Inc. 5,839   13,605
Steelcase Inc., Class A 2,944   19,195
      177,018
Oil & Gas Drilling - 0.0% *
Diamond Offshore Drilling Inc. (a)(b) 3,368   22,330
Helmerich & Payne Inc. (b) 3,468   128,212
Nabors Industries Ltd. (a)(b) 311   31,551
Patterson-UTI Energy Inc. 7,221   84,341
Valaris Ltd. (a) 2,050   100,327
      366,761
Oil & Gas Equipment & Services - 0.1%
Archrock Inc. (b) 4,644   29,814
Baker Hughes Co. (b) 7,633   159,988
Bristow Group Inc. (a)(b) 796   18,698
Cactus Inc., Class A (b) 1,990   76,476
ChampionX Corp. (b) 6,894   134,916
DMC Global Inc. (a) 663   10,595
Dril-Quip Inc. (a)(b) 1,162   22,682
Expro Group Holdings N.V. (a)(b) 2,636   33,583
Halliburton Co. (b) 6,882   169,435
Helix Energy Solutions Group Inc. (a)(b) 4,635   17,891
Liberty Energy Inc., Class A (a)(b) 4,936   62,588
National Energy Services Reunited Corp. (a) 1,551   9,213
Newpark Resources Inc. (a)(b) 2,709   6,827
NexTier Oilfield Solutions Inc. (a)(b) 6,057   44,822
NOV Inc. 3,400   55,012
Oceaneering International Inc. (a) 3,428   27,287
Oil States International Inc. (a) 1,888   7,344
ProFrac Holding Corp., Class A (a) 465   7,073
ProPetro Holding Corp. (a) 2,970   23,908
RPC Inc. 2,480   17,186
 
See Notes to Schedule of Investments.
State Street Total Return V.I.S. Fund 53
State Street Total Return V.I.S. Fund
Schedule of Investments
September 30, 2022 (Unaudited)
  Number
of Shares 		  Fair
Value
Schlumberger N.V. 11,050   $396,695
Select Energy Services Inc., Class A (a) 2,381   16,596
Solaris Oilfield Infrastructure Inc., Class A 990   9,266
TETRA Technologies Inc. (a) 4,158   14,927
Tidewater Inc. (a) 1,294   28,080
U.S. Silica Holdings Inc. (a) 2,518   27,572
Weatherford International PLC (a) 2,434   78,594
      1,507,068
Oil & Gas Exploration & Production - 0.4%
Amplify Energy Corp. (a)(b) 1,065   6,997
Antero Resources Corp. (a)(b) 2,500   76,325
APA Corp. (b) 2,500   85,475
Berry Corp. (b) 2,697   20,228
Brigham Minerals Inc., Class A (b) 1,754   43,271
California Resources Corp. (b) 2,564   98,535
Callon Petroleum Co. (a)(b) 1,703   59,622
Chesapeake Energy Corp. (b) 1,000   94,210
Chord Energy Corp. (b) 1,402   191,752
Civitas Resources Inc. (b) 2,488   142,786
CNX Resources Corp. (a)(b) 6,321   98,165
Comstock Resources Inc. (a)(b) 3,148   54,429
ConocoPhillips (b) 10,272   1,051,236
Continental Resources Inc. (b) 300   20,043
Coterra Energy Inc. (b) 6,527   170,485
Crescent Energy Co., Class A (b) 1,075   14,480
Denbury Inc. (a)(b) 1,712   147,677
Devon Energy Corp. (b) 5,129   308,407
Diamondback Energy Inc. (b) 1,431   172,378
Earthstone Energy Inc., Class A (a)(b) 1,447   17,827
Empire Petroleum Corp. (a)(b) 170   2,236
EOG Resources Inc. (b) 4,653   519,880
EQT Corp. (b) 3,002   122,331
Gulfport Energy Corp. (a)(b) 378   33,374
Hess Corp. (b) 2,213   241,195
HighPeak Energy Inc. (b) 177   3,834
Kosmos Energy Ltd. (a)(b) 15,178   78,470
Laredo Petroleum Inc. (a)(b) 586   36,830
Magnolia Oil & Gas Corp., Class A (b) 5,624   111,411
Marathon Oil Corp. (b) 5,287   119,380
Matador Resources Co. (b) 3,803   186,043
Murphy Oil Corp. (b) 4,976   175,006
Northern Oil & Gas Inc. 2,264   62,056
Ovintiv Inc. 1,900   87,400
PDC Energy Inc. 600   34,674
Permian Resources Corp. (a) 7,068   48,062
Pioneer Natural Resources Co. 1,919   415,521
Piramal Pharma Ltd. (a) 5,412   14,493
Range Resources Corp. 2,000   50,520
Ranger Oil Corp., Class A 719   22,613
Riley Exploration Permian Inc. 321   6,093
Ring Energy Inc. (a) 2,632   6,106
SandRidge Energy Inc. (a) 1,064   17,354
SilverBow Resources Inc. (a) 375   10,080
Sitio Royalties Corp. 460   10,171
SM Energy Co. 4,088   153,750
Southwestern Energy Co. (a) 8,400   51,408
Talos Energy Inc. (a) 2,262   37,662
  Number
of Shares 		  Fair
Value
Tellurian Inc. (a) 17,611   $42,090
Texas Pacific Land Corp. 46   81,753
VAALCO Energy Inc. 1,922   8,380
W&T Offshore Inc. (a) 3,340   19,572
      5,684,076
Oil & Gas Refining & Marketing - 0.1%
Aemetis Inc. (a)(b) 910   5,569
Alto Ingredients Inc. (a) 2,317   8,434
Archaea Energy Inc. (a)(b) 2,030   36,560
Clean Energy Fuels Corp. (a)(b) 5,778   30,855
CVR Energy Inc. (b) 1,011   29,299
Delek US Holdings Inc. (b) 2,435   66,086
Gevo Inc. (a)(b) 6,553   14,941
Green Plains Inc. (a)(b) 1,819   52,878
HF Sinclair Corp. (b) 1,000   53,840
Marathon Petroleum Corp. (b) 3,868   384,208
Par Pacific Holdings Inc. (a) 1,661   27,257
PBF Energy Inc., Class A (a) 3,257   114,516
Phillips 66 3,741   301,973
REX American Resources Corp. (a) 528   14,742
Valero Energy Corp. 3,086   329,739
Vertex Energy Inc. (a) 1,821   11,345
World Fuel Services Corp. 2,149   50,373
      1,532,615
Oil & Gas Storage & Transportation - 0.1%
Antero Midstream Corp. (b) 1,600   14,688
Cheniere Energy Inc. (b) 1,979   328,336
Dorian LPG Ltd. 1,021   13,855
DT Midstream Inc. (a)(b) 750   38,918
Equitrans Midstream Corp. (b) 13,855   103,635
Excelerate Energy Inc., Class A (b) 611   14,297
International Seaways Inc. 1,684   59,159
Kinder Morgan Inc. (b) 15,117   251,547
Kinetik Holdings Inc., Class A (b) 558   18,180
New Fortress Energy Inc. (b) 300   13,113
NextDecade Corp. (a)(b) 934   5,623
ONEOK Inc. 3,555   182,158
Targa Resources Corp. 1,647   99,380
The Williams Companies Inc. 9,937   284,496
      1,427,385
Other Diversified Financial Services - 0.0% *
Alerus Financial Corp. (b) 479   10,586
Apollo Global Management Inc. (b) 3,454   160,611
Equitable Holdings Inc. (b) 2,900   76,415
Jackson Financial Inc., Class A (b) 2,615   72,566
Voya Financial Inc. 1,000   60,500
      380,678
Packaged Foods & Meats - 0.3%
B&G Foods Inc. (b) 2,348   38,719
Beyond Meat Inc. (a) 2,125   30,111
BRC Inc. (a)(b) 771   5,960
Calavo Growers Inc. (b) 586   18,605
Cal-Maine Foods Inc. (b) 1,313   72,990
Campbell Soup Co. (b) 1,400   65,968
Conagra Brands Inc. (b) 3,500   114,205
Flowers Foods Inc. (b) 1,200   29,628
 
See Notes to Schedule of Investments.
54 State Street Total Return V.I.S. Fund
State Street Total Return V.I.S. Fund
Schedule of Investments
September 30, 2022 (Unaudited)
  Number
of Shares 		  Fair
Value
Freshpet Inc. (a)(b) 400   $20,036
General Mills Inc. (b) 4,730   362,365
Hormel Foods Corp. (b) 2,378   108,056
Hostess Brands Inc. (a)(b) 4,640   107,834
J&J Snack Foods Corp. (b) 527   68,231
John B Sanfilippo & Son Inc. (b) 302   22,870
Kellogg Co. (b) 1,850   128,871
Lamb Weston Holdings Inc. (b) 1,186   91,773
Lancaster Colony Corp. (b) 654   98,283
Landec Corp. (a)(b) 808   7,183
McCormick & Company Inc. (b) 2,077   148,028
Mission Produce Inc. (a)(b) 1,348   19,492
Mondelez International Inc., Class A (b) 10,802   592,274
Pilgrim's Pride Corp. (a) 300   6,906
Post Holdings Inc. (a) 400   32,764
Seneca Foods Corp., Class A (a) 184   9,281
Sovos Brands Inc. (a) 941   13,400
SunOpta Inc. (a) 3,331   30,312
Tattooed Chef Inc. (a) 1,583   7,883
The Hain Celestial Group Inc. (a)(b) 2,599   43,871
The Hershey Co. (b) 1,194   263,241
The J M Smucker Co. (b) 821   112,814
The Kraft Heinz Co. (b) 5,729   191,062
The Simply Good Foods Co. (a) 3,031   96,962
Tootsie Roll Industries Inc. 510   16,973
TreeHouse Foods Inc. (a) 1,763   74,786
Tyson Foods Inc., Class A 2,332   153,749
Utz Brands Inc. 2,247   33,930
Vital Farms Inc. (a) 952   11,395
Whole Earth Brands Inc. (a) 1,643   6,309
      3,257,120
Paper Packaging - 0.1%
Avery Dennison Corp. 642   104,453
Cryptyde Inc. (a)(b) 1,068   740
Graphic Packaging Holding Co. (b) 3,000   59,220
International Paper Co. (b) 2,723   86,319
Packaging Corp. of America 683   76,694
Pactiv Evergreen Inc. 1,527   13,331
Ranpak Holdings Corp. (a) 1,731   5,920
Sealed Air Corp. 1,005   44,733
SIG Group AG (a) 5,762   117,283
Sonoco Products Co. 700   39,711
Westrock Co. 1,900   58,691
      607,095
Paper Products - 0.0% *
Clearwater Paper Corp. (a)(b) 562   21,131
Glatfelter Corp. (b) 1,418   4,410
Sylvamo Corp. 1,217   41,256
      66,797
Personal Products - 0.1%
BellRing Brands Inc. (a)(b) 4,475   92,230
Coty Inc., Class A (a)(b) 1,800   11,376
Edgewell Personal Care Co. (b) 1,739   65,039
elf Beauty Inc. (a)(b) 1,671   62,863
Herbalife Nutrition Ltd. (a)(b) 3,332   66,274
Inter Parfums Inc. (b) 618   46,634
  Number
of Shares 		  Fair
Value
Medifast Inc. (b) 367   $39,768
Nature's Sunshine Products Inc. (a)(b) 546   4,499
Nu Skin Enterprises Inc., Class A 1,731   57,763
Olaplex Holdings Inc. (a) 600   5,730
The Beauty Health Co. (a)(b) 3,430   40,440
The Estee Lauder Companies Inc., Class A (b) 1,766   381,279
The Honest Company Inc. (a) 1,989   6,962
Thorne HealthTech Inc. (a) 801   3,789
USANA Health Sciences Inc. (a) 381   21,355
Veru Inc. (a) 2,224   25,620
      931,621
Pharmaceuticals - 1.0%
Aclaris Therapeutics Inc. (a)(b) 2,044   32,173
Aerie Pharmaceuticals Inc. (a)(b) 1,541   23,315
Amneal Pharmaceuticals Inc. (a)(b) 3,365   6,797
Amphastar Pharmaceuticals Inc. (a)(b) 1,320   37,092
Amylyx Pharmaceuticals Inc. (a)(b) 1,190   33,499
AN2 Therapeutics Inc. (a) 116   2,016
ANI Pharmaceuticals Inc. (a)(b) 415   13,338
Arvinas Inc. (a)(b) 1,635   72,741
Atea Pharmaceuticals Inc. (a) 2,571   14,629
Athira Pharma Inc. (a)(b) 927   2,753
Axsome Therapeutics Inc. (a)(b) 988   44,085
Bausch Health Companies Inc. (a) 4,400   30,549
Bristol-Myers Squibb Co. (b) 16,729   1,189,265
Cara Therapeutics Inc. (a)(b) 1,486   13,909
Cassava Sciences Inc. (a)(b) 1,302   54,450
Catalent Inc. (a)(b) 1,329   96,166
CinCor Pharma Inc. (a)(b) 430   14,113
Collegium Pharmaceutical Inc. (a) 1,144   18,327
Corcept Therapeutics Inc. (a)(b) 2,957   75,817
DICE Therapeutics Inc. (a)(b) 946   19,185
Edgewise Therapeutics Inc. (a)(b) 960   9,446
Elanco Animal Health Inc. (a)(b) 3,182   39,489
Eli Lilly & Co. (b) 6,707   2,168,708
Esperion Therapeutics Inc. (a)(b) 2,081   13,943
Evolus Inc. (a)(b) 1,180   9,499
EyePoint Pharmaceuticals Inc. (a)(b) 800   6,328
Fulcrum Therapeutics Inc. (a)(b) 1,046   8,462
Harmony Biosciences Holdings Inc. (a)(b) 904   40,038
Innoviva Inc. (a)(b) 2,161   25,089
Intra-Cellular Therapies Inc. (a)(b) 3,094   143,964
Johnson & Johnson (b) 20,737   3,387,596
Liquidia Corp. (a)(b) 1,458   7,932
Merck & Company Inc. (b) 19,892   1,713,099
Nektar Therapeutics (a)(b) 6,130   19,616
NGM Biopharmaceuticals Inc. (a)(b) 1,322   17,292
Nuvation Bio Inc. (a) 3,871   8,671
 
See Notes to Schedule of Investments.
State Street Total Return V.I.S. Fund 55
State Street Total Return V.I.S. Fund
Schedule of Investments
September 30, 2022 (Unaudited)
  Number
of Shares 		  Fair
Value
Ocular Therapeutix Inc. (a) 2,508   $10,408
Organon & Co. 2,390   55,926
Pacira BioSciences Inc. (a) 1,508   80,211
Pfizer Inc. 44,595   1,951,477
Phathom Pharmaceuticals Inc. (a) 938   10,393
Phibro Animal Health Corp., Class A 721   9,582
Prestige Consumer Healthcare Inc. (a) 1,693   84,362
Provention Bio Inc. (a) 1,775   7,988
Reata Pharmaceuticals Inc., Class A (a) 944   23,723
Relmada Therapeutics Inc. (a) 917   33,947
Revance Therapeutics Inc. (a) 2,403   64,881
Royalty Pharma PLC, Class A 3,000   120,540
SIGA Technologies Inc. 1,586   16,336
Supernus Pharmaceuticals Inc. (a) 1,690   57,206
Tarsus Pharmaceuticals Inc. (a) 566   9,690
Theseus Pharmaceuticals Inc. (a) 639   3,706
Tricida Inc. (a) 1,063   11,140
Ventyx Biosciences Inc. (a) 736   25,694
Viatris Inc. 10,000   85,200
Xeris Biopharma Holdings Inc. (a) 4,025   6,279
Zoetis Inc. 3,722   551,935
Zogenix Inc. (a) 2,206   1,500
      12,635,515
Property & Casualty Insurance - 0.2%
Ambac Financial Group Inc. (a) 1,536   19,584
American Financial Group Inc. 481   59,129
AMERISAFE Inc. (b) 653   30,515
Arch Capital Group Ltd. (a)(b) 3,000   136,620
Assured Guaranty Ltd. (b) 500   24,225
Axis Capital Holdings Ltd. (b) 800   39,320
Cincinnati Financial Corp. (b) 1,165   104,349
CNA Financial Corp. (b) 200   7,380
Donegal Group Inc., Class A (b) 451   6,084
Employers Holdings Inc. (b) 948   32,697
Erie Indemnity Co., Class A (b) 164   36,459
Fidelity National Financial Inc. (b) 2,000   72,400
First American Financial Corp. (b) 700   32,270
HCI Group Inc. (b) 241   9,447
Investors Title Co. (b) 54   7,614
Kemper Corp. (b) 600   24,756
Kinsale Capital Group Inc. (b) 731   186,712
Lemonade Inc. (a)(b) 1,544   32,702
Loews Corp. (b) 1,500   74,760
Markel Corp. (a)(b) 96   104,085
MBIA Inc. (a)(b) 1,617   14,876
Mercury General Corp. (b) 920   26,146
NI Holdings Inc. (a)(b) 227   3,033
Old Republic International Corp. 2,410   50,441
Palomar Holdings Inc. (a) 837   70,074
ProAssurance Corp. 1,855   36,191
RLI Corp. 1,317   134,835
Root Inc., Class A (a) 228   1,797
Safety Insurance Group Inc. 490   39,964
Selective Insurance Group Inc. 2,014   163,940
  Number
of Shares 		  Fair
Value
Stewart Information Services Corp. 924   $40,323
The Allstate Corp. 2,191   272,845
The Hanover Insurance Group Inc. (b) 300   38,442
The Progressive Corp. 4,667   542,352
The Travelers Companies Inc. 1,891   289,701
Tiptree Inc. 733   7,887
Trean Insurance Group Inc. (a) 1,000   3,400
United Fire Group Inc. 725   20,829
Universal Insurance Holdings Inc. 853   8,402
W R Berkley Corp. 1,531   98,872
White Mountains Insurance Group Ltd. 24   31,273
      2,936,731
Publishing - 0.0% *
Daily Journal Corp. (a)(b) 39   9,999
Gannett Company Inc. (a)(b) 4,520   6,916
John Wiley & Sons Inc., Class A (b) 1,488   55,889
News Corp., Class A 2,694   40,706
News Corp., Class B (b) 874   13,477
Scholastic Corp. 944   29,038
The New York Times., Class A (b) 1,001   28,779
      184,804
Railroads - 0.1%
CSX Corp. (b) 17,084   455,118
Norfolk Southern Corp. 1,838   385,337
Union Pacific Corp. 4,919   958,319
      1,798,774
Real Estate Development - 0.0% *
Forestar Group Inc. (a)(b) 584   6,535
Stratus Properties Inc. 173   4,031
The Howard Hughes Corp. (a)(b) 400   22,156
      32,722
Real Estate Operating Companies - 0.0% *
DigitalBridge Group Inc. 5,471   68,442
FRP Holdings Inc. (a)(b) 237   12,884
Kennedy-Wilson Holdings Inc. (b) 4,096   63,324
Seritage Growth Properties, Class A (a) 1,463   13,196
Transcontinental Realty Investors Inc. (a) 85   3,430
      161,276
Real Estate Services - 0.0% *
Anywhere Real Estate Inc. (a)(b) 3,981   32,286
CBRE Group Inc., Class A (a)(b) 2,682   181,062
Compass Inc., Class A (a)(b) 8,942   20,745
Cushman & Wakefield PLC (a) 5,341   61,154
Doma Holdings Inc. (a)(b) 3,524   1,548
Douglas Elliman Inc. (b) 2,487   10,197
eXp World Holdings Inc. (b) 2,346   26,299
Jones Lang LaSalle Inc. (a)(b) 400   60,428
Marcus & Millichap Inc. (b) 849   27,830
Newmark Group Inc., Class A (b) 4,782   38,543
Offerpad Solutions Inc. (a) 1,822   2,205
 
See Notes to Schedule of Investments.
56 State Street Total Return V.I.S. Fund
State Street Total Return V.I.S. Fund
Schedule of Investments
September 30, 2022 (Unaudited)
  Number
of Shares 		  Fair
Value
Opendoor Technologies Inc. (a) 5,500   $17,105
RE/MAX Holdings Inc., Class A 624   11,800
Redfin Corp. (a) 3,585   20,936
Zillow Group Inc., Class A (a) 200   5,726
Zillow Group Inc., Class C (a) 1,400   40,054
      557,918
Regional Banks - 0.8%
1st Source Corp. (b) 547   25,326
ACNB Corp. 262   7,870
Allegiance Bancshares Inc. (b) 659   27,434
Amalgamated Financial Corp. 442   9,967
Amerant Bancorp Inc. 955   23,722
American National Bankshares Inc. 402   12,844
Ameris Bancorp. (b) 2,228   99,614
Arrow Financial Corp. 470   13,536
Associated Banc-Corp. 5,022   100,842
Atlantic Union Bankshares Corp. 2,516   76,436
Banc of California Inc. (b) 1,882   30,056
BancFirst Corp. (b) 680   60,840
Bank First Corp. (b) 216   16,520
Bank of Hawaii Corp. 300   22,836
Bank of Marin Bancorp 524   15,694
Bank OZK (b) 1,300   51,428
BankUnited Inc. (b) 2,628   89,799
Bankwell Financial Group Inc. (b) 165   4,803
Banner Corp. (b) 1,184   69,951
Bar Harbor Bankshares 522   13,843
Baycom Corp. (b) 391   6,874
BCB Bancorp Inc. 443   7,456
Berkshire Hills Bancorp Inc. 1,487   40,595
Blue Ridge Bankshares Inc. 542   6,889
BOK Financial Corp. (b) 300   26,658
Brookline Bancorp Inc. (b) 2,599   30,278
Business First Bancshares Inc. (b) 704   15,157
Byline Bancorp Inc. (b) 828   16,767
Cadence Bank (b) 6,188   157,237
Cambridge Bancorp (b) 230   18,340
Camden National Corp. (b) 486   20,704
Capital Bancorp Inc. (b) 269   6,214
Capital City Bank Group Inc. (b) 432   13,440
Capstar Financial Holdings Inc. (b) 719   13,323
Carter Bankshares Inc. (a) 858   13,814
Cathay General Bancorp (b) 2,423   93,189
CBTX Inc. 615   17,989
Central Pacific Financial Corp. (b) 911   18,849
Citizens & Northern Corp. (b) 583   14,097
Citizens Financial Group Inc. (b) 3,652   125,483
City Holding Co. (b) 506   44,877
Civista Bancshares Inc. (b) 473   9,819
CNB Financial Corp. (b) 531   12,516
Coastal Financial Corp. (a)(b) 333   13,233
Colony Bankcorp Inc. (b) 495   6,450
Columbia Banking System Inc. (b) 2,645   76,414
Comerica Inc. (b) 964   68,540
Commerce Bancshares Inc. (b) 765   50,612
  Number
of Shares 		  Fair
Value
Community Bank System Inc. (b) 1,800   $108,144
Community Trust Bancorp Inc. (b) 530   21,491
ConnectOne Bancorp Inc. (b) 1,268   29,240
CrossFirst Bankshares Inc. (a) 1,535   20,032
Cullen/Frost Bankers Inc. (b) 400   52,888
Customers Bancorp Inc. (a)(b) 1,063   31,337
CVB Financial Corp. (b) 4,556   115,358
Dime Community Bancshares Inc. (b) 1,142   33,438
Eagle Bancorp Inc. (b) 1,094   49,033
East West Bancorp Inc. (b) 993   66,670
Eastern Bankshares Inc. (b) 5,265   103,405
Enterprise Bancorp Inc. (b) 301   9,003
Enterprise Financial Services Corp. (b) 1,217   53,597
Equity Bancshares Inc., Class A (b) 510   15,111
Esquire Financial Holdings Inc. (b) 212   7,961
Farmers & Merchants Bancorp Inc./Archbold (b) 399   10,721
Farmers National Banc Corp. (b) 1,048   13,718
FB Financial Corp. (b) 1,250   47,762
Fifth Third Bancorp. (b) 5,133   164,051
Financial Institutions Inc. (b) 481   11,578
First Bancorp Inc. (b) 314   8,651
First Bancorp/Southern Pines NC (b) 1,213   44,372
First Bank (b) 639   8,735
First Busey Corp. (b) 1,774   38,992
First Business Financial Services Inc. (b) 247   7,981
First Citizens BancShares Inc., Class A (b) 89   70,971
First Commonwealth Financial Corp. (b) 3,213   41,255
First Community Bancshares Inc. (b) 545   17,456
First Financial Bancorp. (b) 3,225   67,983
First Financial Bankshares Inc. (b) 4,390   183,634
First Financial Corp. (b) 383   17,308
First Foundation Inc. 1,751   31,763
First Guaranty Bancshares Inc. (b) 169   3,698
First Hawaiian Inc. 800   19,704
First Horizon Corp. (b) 4,000   91,600
First Internet Bancorp (b) 296   10,023
First Interstate BancSystem Inc., Class A (b) 3,085   124,480
First Merchants Corp. (b) 1,984   76,741
First Mid Bancshares Inc. (b) 631   20,173
First Republic Bank (b) 1,482   193,475
First Western Financial Inc. (a)(b) 237   5,842
Five Star Bancorp (b) 409   11,599
Flushing Financial Corp. (b) 970   18,789
FNB Corp. (b) 2,200   25,520
Fulton Financial Corp. (b) 5,454   86,173
FVCBankcorp Inc. (a)(b) 360   6,901
German American Bancorp Inc. (b) 947   33,817
Glacier Bancorp Inc. (b) 3,754   184,434
Great Southern Bancorp Inc. (b) 322   18,377
Guaranty Bancshares Inc. (b) 267   9,236
 
See Notes to Schedule of Investments.
State Street Total Return V.I.S. Fund 57
State Street Total Return V.I.S. Fund
Schedule of Investments
September 30, 2022 (Unaudited)
  Number
of Shares 		  Fair
Value
Hancock Whitney Corp. (b) 2,908   $133,215
Hanmi Financial Corp. (b) 1,025   24,272
HarborOne Bancorp Inc. (b) 1,541   20,680
HBT Financial Inc. (b) 427   7,750
Heartland Financial USA Inc. (b) 1,420   61,571
Heritage Commerce Corp. (b) 1,985   22,510
Heritage Financial Corp. (b) 1,181   31,261
Hilltop Holdings Inc. (b) 1,683   41,823
Home BancShares Inc. (b) 6,419   144,492
HomeStreet Inc. (b) 606   17,459
HomeTrust Bancshares Inc. (b) 515   11,381
Hope Bancorp Inc. (b) 4,004   50,611
Horizon Bancorp Inc. (b) 1,366   24,533
Huntington Bancshares Inc. (b) 10,846   142,950
Independent Bank Corp. (b) 2,286   130,965
Independent Bank Group Inc. (b) 1,235   75,817
International Bancshares Corp. (b) 1,809   76,882
John Marshall Bancorp Inc. (b) 355   8,719
KeyCorp (b) 7,751   124,171
Lakeland Bancorp Inc. (b) 2,126   34,037
Lakeland Financial Corp. (b) 848   61,743
Live Oak Bancshares Inc. (b) 1,122   34,333
M&T Bank Corp. (b) 1,452   256,017
Macatawa Bank Corp. (b) 800   7,408
Mercantile Bank Corp. (b) 514   15,271
Metrocity Bankshares Inc. (b) 660   12,962
Metropolitan Bank Holding Corp. (a)(b) 349   22,462
Mid Penn Bancorp Inc. (b) 458   13,158
Midland States Bancorp Inc. (b) 709   16,711
MidWestOne Financial Group Inc. (b) 453   12,362
MVB Financial Corp. (b) 333   9,267
National Bank Holdings Corp., Class A (b) 1,003   37,101
NBT Bancorp Inc. (b) 1,444   54,800
Nicolet Bankshares Inc. (a)(b) 420   29,585
Northeast Bank 207   7,591
Northwest Bancshares Inc. 4,195   56,674
OceanFirst Financial Corp. 1,992   37,131
Old National Bancorp 9,905   163,135
Old Second Bancorp Inc. 1,428   18,635
Origin Bancorp Inc. 767   29,506
Orrstown Financial Services Inc. 338   8,085
Pacific Premier Bancorp Inc. 3,157   97,741
PacWest Bancorp 1,300   29,380
Park National Corp. 496   61,742
Parke Bancorp Inc. 305   6,393
Pathward Financial Inc. (b) 997   32,861
PCB Bancorp 351   6,343
PCSB Financial Corp. 380   6,813
Peapack-Gladstone Financial Corp. 582   19,584
Peoples Bancorp Inc. 945   27,339
Peoples Financial Services Corp. 270   12,647
Pinnacle Financial Partners Inc. 686   55,635
Preferred Bank 469   30,593
Premier Financial Corp. 1,210   31,097
Primis Financial Corp. 715   8,673
  Number
of Shares 		  Fair
Value
Professional Holding Corp., Class A (a) 410   $10,635
Prosperity Bancshares Inc. 900   60,012
QCR Holdings Inc. 566   28,832
RBB Bancorp 485   10,078
Red River Bancshares Inc. 132   6,525
Regions Financial Corp. 7,077   142,035
Renasant Corp. 1,891   59,150
Republic Bancorp Inc., Class A 293   11,222
Republic First Bancorp Inc. (a) 1,402   3,968
S&T Bancorp Inc. 1,340   39,275
Sandy Spring Bancorp Inc. 1,531   53,983
Seacoast Banking Corporation of Florida 2,096   63,362
ServisFirst Bancshares Inc. 1,693   135,440
Shore Bancshares Inc. 697   12,072
Sierra Bancorp 444   8,769
Signature Bank 536   80,936
Silvergate Capital Corp., Class A (a) 1,056   79,570
Simmons First National Corp., Class A 4,211   91,758
SmartFinancial Inc. 510   12,602
South Plains Financial Inc. 321   8,847
South State Corp. 2,535   200,569
Southern First Bancshares Inc. (a) 247   10,290
Southside Bancshares Inc. 1,050   37,128
Stock Yards Bancorp Inc. 990   67,330
Summit Financial Group Inc. 361   9,725
SVB Financial Group (a) 491   164,868
Synovus Financial Corp. 1,118   41,936
Texas Capital Bancshares Inc. (a) 1,711   101,000
The Bancorp Inc. (a)(b) 1,913   42,048
The First Bancshares Inc. (b) 661   19,744
The First of Long Island Corp. (b) 787   13,568
The PNC Financial Services Group Inc. 3,215   480,385
Third Coast Bancshares Inc. (a) 387   6,622
Tompkins Financial Corp. 481   34,930
TowneBank 2,331   62,541
TriCo Bancshares 1,092   48,758
Triumph Bancorp Inc. (a) 788   42,828
Truist Financial Corp. 10,398   452,729
Trustmark Corp. 2,120   64,936
UMB Financial Corp. 1,485   125,171
Umpqua Holdings Corp. 1,500   25,635
United Bankshares Inc. 4,408   157,586
United Community Banks Inc. 3,583   118,597
Unity Bancorp Inc. 208   5,223
Univest Financial Corp. 991   23,269
USCB Financial Holdings Inc. (a) 296   3,881
Valley National Bancorp 14,549   157,129
Veritex Holdings Inc. 1,813   48,208
Washington Federal Inc. 2,244   67,275
Washington Trust Bancorp Inc. 589   27,377
Webster Financial Corp. 1,372   62,014
WesBanco Inc. 2,020   67,407
West BanCorp Inc. 515   10,717
Westamerica BanCorp 898   46,956
Western Alliance Bancorp 800   52,592
Wintrust Financial Corp. 400   32,620
 
See Notes to Schedule of Investments.
58 State Street Total Return V.I.S. Fund
State Street Total Return V.I.S. Fund
Schedule of Investments
September 30, 2022 (Unaudited)
  Number
of Shares 		  Fair
Value
Zions Bancorp NA 1,175   $59,760
      10,591,696
Reinsurance - 0.0% *
Alleghany Corp. (a) 93   78,061
Reinsurance Group of America Inc. 500   62,905
      140,966
Renewable Electricity - 0.0% *
Altus Power Inc. (a)(b) 1,328   14,621
Brookfield Renewable Corp., Class A (b) 1,300   42,484
Brookfield Renewable Corp., Class A 2,500   82,129
Clearway Energy Inc., Class A (b) 1,195   34,775
Clearway Energy Inc., Class C (b) 2,761   87,938
Montauk Renewables Inc. (a)(b) 2,177   37,967
Ormat Technologies Inc. 1,530   131,886
Sunnova Energy International Inc. (a) 3,338   73,703
      505,503
Research & Consulting Services - 0.1%
Atlas Technical Consultants Inc. (a) 486   3,232
Booz Allen Hamilton Holding Corp. 1,124   103,801
CACI International Inc., Class A (a)(b) 200   52,212
CBIZ Inc. (a)(b) 1,636   69,988
CoStar Group Inc. (a)(b) 3,228   224,830
CRA International Inc. (b) 241   21,386
Dun & Bradstreet Holdings Inc. (b) 2,100   26,019
Equifax Inc. (b) 991   169,887
Exponent Inc. (b) 1,741   152,634
Forrester Research Inc. (a)(b) 379   13,648
Franklin Covey Co. (a)(b) 425   19,291
FTI Consulting Inc. (a)(b) 300   49,713
Huron Consulting Group Inc. (a)(b) 724   47,965
ICF International Inc. (b) 638   69,555
Jacobs Solutions Inc. 900   97,641
KBR Inc. (b) 1,300   56,186
LegalZoom.Com Inc. (a)(b) 3,351   28,718
Leidos Holdings Inc. (b) 1,091   95,430
Nielsen Holdings PLC (b) 2,700   74,844
Planet Labs PBC (a) 5,270   28,616
Red Violet Inc. (a) 287   4,971
Resources Connection Inc. 1,074   19,407
Science Applications International Corp. 400   35,372
Spire Global Inc. (a) 3,679   3,973
TransUnion 1,489   88,581
Verisk Analytics Inc. 1,246   212,480
Willdan Group Inc. (a) 378   5,598
      1,775,978
Residential REITs - 0.1%
American Homes 4 Rent, Class A (b) 2,200   72,182
Apartment Income REIT Corp. (b) 1,351   52,176
  Number
of Shares 		  Fair
Value
Apartment Investment & Management Co., Class A (b) 5,126   $37,420
AvalonBay Communities Inc. 1,105   203,530
Bluerock Residential Growth REIT Inc. (b) 974   26,054
BRT Apartments Corp. 378   7,677
Camden Property Trust (b) 738   88,154
Centerspace (b) 528   35,545
Clipper Realty Inc. (b) 311   2,168
Equity LifeStyle Properties Inc. (b) 1,502   94,386
Equity Residential (b) 3,012   202,467
Essex Property Trust Inc. (b) 504   122,084
Independence Realty Trust Inc. (b) 7,484   125,207
Invitation Homes Inc. (b) 4,670   157,706
Mid-America Apartment Communities Inc. (b) 924   143,285
NexPoint Residential Trust Inc. (b) 779   35,997
Sun Communities Inc. 920   124,504
UDR Inc. 2,347   97,893
UMH Properties Inc. 1,692   27,326
Washington Real Estate Investment Trust 3,024   53,101
      1,708,862
Restaurants - 0.3%
Aramark (b) 1,800   56,160
Biglari Holdings Inc., Class B (a)(b) 20   2,312
BJ's Restaurants Inc. (a)(b) 755   18,007
Bloomin' Brands Inc. 3,044   55,796
Brinker International Inc. (a)(b) 1,486   37,120
Chipotle Mexican Grill Inc. (a)(b) 219   329,104
Chuy's Holdings Inc. (a)(b) 601   13,931
Cracker Barrel Old Country Store Inc. (b) 779   72,120
Darden Restaurants Inc. (b) 900   113,688
Dave & Buster's Entertainment Inc. (a)(b) 1,480   45,924
Denny's Corp. (a)(b) 2,013   18,942
Dine Brands Global Inc. (b) 499   31,716
Domino's Pizza Inc. (b) 280   86,856
El Pollo Loco Holdings Inc. (a)(b) 689   6,146
First Watch Restaurant Group Inc. (a)(b) 287   4,156
Jack in the Box Inc. (b) 728   53,923
Krispy Kreme Inc. (b) 2,459   28,352
Kura Sushi USA Inc., Class A (a)(b) 151   11,111
McDonald's Corp. (b) 5,860   1,352,136
Noodles & Co. (a) 1,224   5,753
Papa John's International Inc. 1,112   77,851
Portillo's Inc., Class A (a) 652   12,838
Ruth's Hospitality Group Inc. 1,092   18,411
Shake Shack Inc., Class A (a) 1,294   58,204
Starbucks Corp. 9,080   765,081
Sweetgreen Inc., Class A (a) 2,958   54,723
Texas Roadhouse Inc. 2,264   197,557
The Cheesecake Factory Inc. (b) 1,714   50,186
The ONE Group Hospitality Inc. (a) 940   6,242
The Wendy's Co. 1,800   33,642
Wingstop Inc. 1,011   126,800
 
See Notes to Schedule of Investments.
State Street Total Return V.I.S. Fund 59
State Street Total Return V.I.S. Fund
Schedule of Investments
September 30, 2022 (Unaudited)
  Number
of Shares 		  Fair
Value
Yum! Brands Inc. 2,181   $231,928
      3,976,716
Retail REITs - 0.2%
Acadia Realty Trust 3,213   40,548
Agree Realty Corp. 2,663   179,966
Alexander's Inc. 71   14,836
Brixmor Property Group Inc. (b) 2,800   51,716
CBL & Associates Properties Inc. (b) 901   23,075
Federal Realty Investment Trust (b) 700   63,084
Getty Realty Corp. (b) 1,448   38,937
InvenTrust Properties Corp. (b) 2,344   49,997
Kimco Realty Corp. (b) 5,034   92,676
Kite Realty Group Trust (b) 7,353   126,619
National Retail Properties Inc. (b) 1,700   67,762
NETSTREIT Corp. (b) 2,057   36,635
Phillips Edison & Company Inc. 3,855   108,133
Realty Income Corp. 4,697   273,365
Regency Centers Corp. 1,500   80,775
Retail Opportunity Investments Corp. 4,175   57,448
RPT Realty 2,842   21,486
Saul Centers Inc. 397   14,887
Simon Property Group Inc. 2,563   230,029
SITE Centers Corp. 6,551   70,161
Spirit Realty Capital Inc. 1,200   43,392
Tanger Factory Outlet Centers Inc. 3,498   47,853
The Macerich Co. (b) 7,458   59,216
The Necessity Retail REIT Inc. (b) 4,571   26,877
Urban Edge Properties 3,955   52,760
Urstadt Biddle Properties Inc., Class A 992   15,386
Whitestone REIT 1,560   13,198
      1,900,817
Security & Alarm Services - 0.0% *
CoreCivic Inc. (a)(b) 4,158   36,757
The Brink's Co. (b) 1,560   75,566
The GEO Group Inc. (a)(b) 4,023   30,977
      143,300
Semiconductor Equipment - 0.2%
ACM Research Inc., Class A (a)(b) 1,629   20,297
Amkor Technology Inc. 3,507   59,794
Applied Materials Inc. 7,034   576,296
Atomera Inc. (a)(b) 634   6,422
Axcelis Technologies Inc. (a) 1,098   66,495
AXT Inc. (a)(b) 1,284   8,603
Cohu Inc. (a)(b) 1,652   42,589
CyberOptics Corp. (a)(b) 227   12,208
Enphase Energy Inc. (a)(b) 1,046   290,234
Entegris Inc. (b) 1,082   89,828
FormFactor Inc. (a)(b) 2,623   65,706
Ichor Holdings Ltd. (a) 951   23,024
KLA Corp. (b) 1,158   350,445
Lam Research Corp. (b) 1,077   394,182
MKS Instruments Inc. (b) 400   33,056
Onto Innovation Inc. (a) 1,673   107,156
PDF Solutions Inc. (a) 1,023   25,094
  Number
of Shares 		  Fair
Value
Photronics Inc. (a) 2,056   $30,059
Teradyne Inc. 1,329   99,874
Ultra Clean Holdings Inc. (a) 1,555   40,041
Veeco Instruments Inc. (a) 1,703   31,199
      2,372,602
Semiconductors - 0.9%
Advanced Micro Devices Inc. (a) 12,800   811,008
Alpha & Omega Semiconductor Ltd. (a) 747   22,978
Ambarella Inc. (a)(b) 1,227   68,933
Analog Devices Inc. 4,169   580,908
Broadcom Inc. (b) 3,124   1,387,087
CEVA Inc. (a)(b) 777   20,381
Cirrus Logic Inc. (a)(b) 600   41,280
Credo Technology Group Holding Ltd. (a) 3,254   35,794
Diodes Inc. (a)(b) 1,500   97,365
First Solar Inc. (a)(b) 811   107,271
GLOBALFOUNDRIES Inc. (a) 400   19,340
Impinj Inc. (a)(b) 724   57,942
indie Semiconductor Inc., Class A (a)(b) 3,355   24,559
Intel Corp. (b) 32,203   829,871
Lattice Semiconductor Corp. (a)(b) 1,200   59,052
MACOM Technology Solutions Holdings Inc. (a)(b) 1,702   88,147
Marvell Technology Inc. (b) 6,821   292,689
MaxLinear Inc. (a)(b) 2,417   78,843
Microchip Technology Inc. (b) 4,138   252,542
Micron Technology Inc. (b) 8,790   440,379
Monolithic Power Systems Inc. (b) 383   139,182
NVIDIA Corp. 19,092   2,317,578
ON Semiconductor Corp. (a) 3,517   219,215
Parade Technologies Ltd. 1,000   18,375
Power Integrations Inc. 1,915   123,173
Qorvo Inc. (a) 797   63,290
QUALCOMM Inc. 8,834   998,065
Rambus Inc. (a) 3,688   93,749
Rigetti Computing Inc. (a) 898   1,688
Rockley Photonics Holdings Ltd. (a) 3,037   2,157
Semtech Corp. (a) 2,132   62,702
Silicon Laboratories Inc. (a) 1,146   141,462
SiTime Corp. (a) 538   42,357
SkyWater Technology Inc. (a) 372   2,846
Skyworks Solutions Inc. 1,173   100,022
SMART Global Holdings Inc. (a) 1,673   26,550
Synaptics Inc. (a) 1,341   132,772
Texas Instruments Inc. 7,292   1,128,656
Transphorm Inc. (a) 571   2,872
Universal Display Corp. 287   27,078
Wolfspeed Inc. (a) 879   90,853
      11,051,011
Silver - 0.0% *
Hecla Mining Co. (b) 17,965   70,782
Soft Drinks - 0.3%
Celsius Holdings Inc. (a)(b) 1,848   167,577
Coca-Cola Consolidated Inc. (b) 158   65,053
Keurig Dr Pepper Inc. (b) 6,991   250,418
Monster Beverage Corp. (a)(b) 2,852   248,010
 
See Notes to Schedule of Investments.
60 State Street Total Return V.I.S. Fund
State Street Total Return V.I.S. Fund
Schedule of Investments
September 30, 2022 (Unaudited)
  Number
of Shares 		  Fair
Value
National Beverage Corp. (b) 811   $31,256
PepsiCo Inc. 10,863   1,773,493
Primo Water Corp. 5,460   68,523
The Coca-Cola Co. (b) 30,738   1,721,943
The Vita Coco Company Inc. (a) 886   10,091
      4,336,364
Specialized Consumer Services - 0.0% *
ADT Inc. (b) 2,900   21,721
Carriage Services Inc. (b) 451   14,504
European Wax Center Inc., Class A (b) 694   12,804
Frontdoor Inc. (a)(b) 2,869   58,499
H&R Block Inc. 1,400   59,556
Mister Car Wash Inc. (a)(b) 900   7,722
Rover Group Inc. (a) 3,046   10,174
Service Corporation International 1,078   62,244
StoneMor Inc. (a) 676   2,319
Terminix Global Holdings Inc. (a) 800   30,632
The Beachbody Co. Inc. (a) 3,014   3,044
Vivint Smart Home Inc. (a) 3,060   20,135
WW International Inc. (a) 1,720   6,759
      310,113
Specialized Finance - 0.0% *
A-Mark Precious Metals Inc. (b) 606   17,204
SWK Holdings Corp. (a) 207   3,519
      20,723
Specialized REITs - 0.3%
American Tower Corp. (b) 3,734   801,690
Crown Castle Inc. (b) 3,405   492,193
CubeSmart (b) 1,600   64,096
Digital Realty Trust Inc. (b) 2,221   220,279
EPR Properties (b) 700   25,102
Equinix Inc. (b) 701   398,757
Extra Space Storage Inc. (b) 1,017   175,646
Farmland Partners Inc. (b) 1,547   19,600
Four Corners Property Trust Inc. (b) 2,780   67,248
Gaming & Leisure Properties Inc. (b) 1,711   75,695
Gladstone Land Corp. (b) 1,095   19,820
Iron Mountain Inc. (b) 2,200   96,734
Lamar Advertising Co., Class A (b) 600   49,494
Life Storage Inc. (b) 748   82,848
National Storage Affiliates Trust (b) 800   33,264
Outfront Media Inc. 4,924   74,796
PotlatchDeltic Corp. 2,676   109,823
Public Storage 1,308   382,995
Rayonier Inc. 1,000   29,970
Safehold Inc. 740   19,580
SBA Communications Corp. 815   231,990
Uniti Group Inc. 8,231   57,205
VICI Properties Inc. 7,259   216,681
Weyerhaeuser Co. 6,093   174,016
      3,919,522
Specialty Chemicals - 0.2%
Albemarle Corp. 937   247,780
Amyris Inc. (a)(b) 6,506   18,997
  Number
of Shares 		  Fair
Value
Ashland Inc. 400   $37,988
Aspen Aerogels Inc. (a)(b) 864   7,966
Avient Corp. (b) 3,070   93,021
Axalta Coating Systems Ltd. (a) 2,100   44,226
Balchem Corp. 1,075   130,698
Celanese Corp. (b) 800   72,272
Chase Corp. (b) 254   21,227
Danimer Scientific Inc. (a)(b) 3,007   8,871
Diversey Holdings Ltd. (a) 2,610   12,685
DuPont de Nemours Inc. (b) 3,876   195,350
Eastman Chemical Co. (b) 1,077   76,521
Ecolab Inc. (b) 1,940   280,175
ECOVYST Inc. (a)(b) 2,158   18,213
Element Solutions Inc. (b) 2,400   39,048
FutureFuel Corp. (b) 913   5,515
Ginkgo Bioworks Holdings Inc. (a)(b) 8,000   24,960
HB Fuller Co. (b) 1,788   107,459
Ingevity Corp. (a)(b) 1,308   79,304
Innospec Inc. (b) 831   71,192
International Flavors & Fragrances Inc. (b) 2,013   182,841
Livent Corp. (a)(b) 5,468   167,594
Minerals Technologies Inc. (b) 1,094   54,055
PPG Industries Inc. 1,891   209,315
Quaker Chemical Corp. 469   67,714
Rayonier Advanced Materials Inc. (a) 1,912   6,023
RPM International Inc. 936   77,978
Sensient Technologies Corp. 1,414   98,047
Stepan Co. 717   67,161
The Sherwin-Williams Co. 1,908   390,663
Tianqi Lithium Corp., Class A (a) 700   9,800
Valhi Inc. 60   1,510
      2,926,169
Specialty Stores - 0.1%
Academy Sports & Outdoors Inc. (b) 2,828   119,285
Bath & Body Works Inc. 1,698   55,355
Big 5 Sporting Goods Corp. (b) 683   7,335
Build-A-Bear Workshop Inc. (b) 430   5,732
Dick's Sporting Goods Inc. (b) 387   40,496
Five Below Inc. (a)(b) 400   55,068
Hibbett Inc. (b) 432   21,518
JOANN Inc. (b) 289   1,913
Leslie's Inc. (a) 1,400   20,594
MarineMax Inc. (a)(b) 720   21,449
National Vision Holdings Inc. (a)(b) 2,648   86,457
Party City Holdco Inc. (a) 3,073   4,855
Petco Health & Wellness Company Inc. (a) 300   3,348
Sally Beauty Holdings Inc. (a) 3,688   46,469
Signet Jewelers Ltd. 1,571   89,845
Sportsman's Warehouse Holdings Inc. (a) 1,389   11,529
The Container Store Group Inc. (a)(b) 1,338   6,556
The ODP Corp. (a) 1,481   52,057
Tractor Supply Co. 903   167,850
Ulta Beauty Inc. (a) 391   156,865
Warby Parker Inc., Class A (a) 2,853   38,059
 
See Notes to Schedule of Investments.
State Street Total Return V.I.S. Fund 61
State Street Total Return V.I.S. Fund
Schedule of Investments
September 30, 2022 (Unaudited)
  Number
of Shares 		  Fair
Value
Winmark Corp. 96   $20,769
      1,033,404
Steel - 0.1%
Adaro Minerals Tbk PT (a) 83,300   9,793
Alpha Metallurgical Resources Inc. 559   76,494
ATI Inc. (a)(b) 4,183   111,310
Carpenter Technology Corp. (b) 1,644   51,194
Cleveland-Cliffs Inc. (a) 3,837   51,684
Commercial Metals Co. (b) 4,087   145,007
Haynes International Inc. (b) 402   14,118
Nucor Corp. 2,093   223,930
Olympic Steel Inc. 298   6,797
Pangang Group Vanadium Titanium & Resources Co. Ltd., Class A (a) 10,100   6,523
Ramaco Resources Inc. 684   6,293
Reliance Steel & Aluminum Co. 498   86,856
Ryerson Holding Corp. 530   13,642
Schnitzer Steel Industries Inc., Class A 884   25,159
Steel Dynamics Inc. 1,302   92,377
SunCoke Energy Inc. 2,797   16,251
TimkenSteel Corp. (a) 1,579   23,669
United States Steel Corp. 1,000   18,120
Warrior Met Coal Inc. 1,776   50,510
Worthington Industries Inc. 1,096   41,801
      1,071,528
Systems Software - 1.4%
A10 Networks Inc. 2,252   29,884
Appian Corp. (a)(b) 1,387   56,631
Arteris Inc. (a)(b) 477   3,177
CommVault Systems Inc. (a)(b) 1,496   79,348
Crowdstrike Holdings Inc., Class A (a) 1,710   281,825
Dolby Laboratories Inc., Class A (b) 457   29,774
Fortinet Inc. (a)(b) 5,355   263,091
IronNet Inc. (a)(b) 1,864   1,284
KnowBe4 Inc., Class A (a)(b) 2,505   52,129
Microsoft Corp. (b) 59,139   13,773,473
N-Able Inc. (a)(b) 2,301   21,238
NortonLifeLock Inc. 4,213   84,850
OneSpan Inc. (a) 1,332   11,469
Oracle Corp. 11,945   729,481
Palo Alto Networks Inc. (a) 2,241   367,053
Ping Identity Holding Corp. (a) 2,668   74,891
Progress Software Corp. 1,514   64,421
Qualys Inc. (a) 1,302   181,486
Rapid7 Inc. (a) 1,959   84,041
SecureWorks Corp., Class A (a) 300   2,415
SentinelOne Inc., Class A (a) 1,600   40,896
ServiceNow Inc. (a) 1,564   590,582
Telos Corp. (a) 1,781   15,833
Tenable Holdings Inc. (a) 3,711   129,143
Teradata Corp. (a) 1,100   34,166
UiPath Inc., Class A (a) 3,600   45,396
Varonis Systems Inc. (a) 3,670   97,328
VMware Inc., Class A 1,539   163,842
Xperi Holding Corp. 3,598   50,876
Zscaler Inc. (a) 679   111,607
  Number
of Shares 		  Fair
Value
Zuora Inc., Class A (a) 3,871   $28,568
      17,500,198
Technology Distributors - 0.0% *
Arrow Electronics Inc. (a) 467   43,053
Avnet Inc. 1,000   36,120
CDW Corp. (b) 1,071   167,162
ePlus Inc. (a)(b) 914   37,967
Insight Enterprises Inc. (a)(b) 1,057   87,107
PC Connection Inc. 376   16,954
ScanSource Inc. (a) 871   23,003
TD SYNNEX Corp. 400   32,476
      443,842
Technology Hardware, Storage & Peripherals - 1.4%
Apple Inc. 120,665   16,675,903
Avid Technology Inc. (a)(b) 1,227   28,540
CompoSecure Inc. (a) 123   616
Corsair Gaming Inc. (a) 1,280   14,528
Dell Technologies Inc., Class C (b) 2,104   71,894
Diebold Nixdorf Inc. (a)(b) 2,294   5,597
Eastman Kodak Co. (a)(b) 1,801   8,267
Hewlett Packard Enterprise Co. (b) 11,084   132,786
HP Inc. (b) 8,638   215,259
IonQ Inc. (a) 3,989   20,224
NetApp Inc. (b) 1,667   103,104
Pure Storage Inc., Class A (a) 2,000   54,740
Super Micro Computer Inc. (a) 1,527   84,092
Turtle Beach Corp. (a) 547   3,731
Western Digital Corp. (a) 2,300   74,865
Xerox Holdings Corp. 3,950   51,666
      17,545,812
Textiles - 0.0% *
Unifi Inc. (a) 492   4,679
Thrifts & Mortgage Finance - 0.1%
Axos Financial Inc. (a)(b) 1,925   65,893
Blue Foundry Bancorp (a)(b) 850   9,477
Bridgewater Bancshares Inc. (a) 674   11,101
Capitol Federal Financial Inc. (b) 4,468   37,084
Columbia Financial Inc. (a)(b) 1,175   24,828
Enact Holdings Inc. (b) 1,016   22,525
Essent Group Ltd. 3,556   123,998
Federal Agricultural Mortgage Corp., Class C (b) 311   30,833
Finance Of America Companies Inc., Class A (a)(b) 887   1,313
Flagstar Bancorp Inc. (b) 1,810   60,454
Greene County Bancorp Inc. (b) 97   5,555
Hingham Institution for Savings (b) 47   11,802
Home Bancorp Inc. (b) 233   9,085
Kearny Financial Corp. (b) 2,099   22,291
Luther Burbank Corp. (b) 438   5,090
Merchants Bancorp (b) 516   11,904
MGIC Investment Corp. (b) 2,000   25,640
Mr Cooper Group Inc. (a)(b) 2,376   96,228
New York Community Bancorp Inc. (b) 3,200   27,296
NMI Holdings Inc., Class A (a) 2,914   59,358
Northfield Bancorp Inc. 1,471   21,050
 
See Notes to Schedule of Investments.
62 State Street Total Return V.I.S. Fund
State Street Total Return V.I.S. Fund
Schedule of Investments
September 30, 2022 (Unaudited)
  Number
of Shares 		  Fair
Value
PennyMac Financial Services Inc. 947   $40,626
Pioneer Bancorp Inc. (a) 306   2,913
Provident Bancorp Inc. 453   6,482
Provident Financial Services Inc. 2,468   48,126
Radian Group Inc. 5,471   105,536
Rocket Companies Inc., Class A 1,600   10,112
Southern Missouri Bancorp Inc. 261   13,319
Sterling Bancorp Inc. (a) 434   2,617
TFS Financial Corp. 400   5,200
TrustCo Bank Corp. 631   19,826
Velocity Financial Inc. (a) 218   2,363
Walker & Dunlop Inc. 1,034   86,577
Waterstone Financial Inc. 658   10,633
WSFS Financial Corp. 2,168   100,725
      1,137,860
Tires & Rubber - 0.0% *
The Goodyear Tire & Rubber Co. (a)(b) 9,460   95,451
Tobacco - 0.1%
22nd Century Group Inc. (a)(b) 5,281   4,897
Altria Group Inc. (b) 14,207   573,679
Philip Morris International Inc. 12,191   1,011,975
Turning Point Brands Inc. 506   10,742
Universal Corp. 832   38,305
Vector Group Ltd. 4,959   43,689
      1,683,287
Trading Companies & Distributors - 0.1%
Air Lease Corp. (b) 700   21,707
Alta Equipment Group Inc. (b) 638   7,024
Applied Industrial Technologies Inc. (b) 1,291   132,689
Beacon Roofing Supply Inc. (a) 1,734   94,885
BlueLinx Holdings Inc. (a)(b) 317   19,686
Boise Cascade Co. (b) 1,329   79,022
Core & Main Inc., Class A (a)(b) 200   4,548
Custom Truck One Source Inc. (a)(b) 1,929   11,246
Distribution Solutions Group Inc. (a)(b) 150   4,226
DXP Enterprises Inc. (a)(b) 507   12,006
Fastenal Co. (b) 4,737   218,092
GATX Corp. (b) 1,196   101,839
Global Industrial Co. (b) 432   11,591
GMS Inc. (a)(b) 1,498   59,935
H&E Equipment Services Inc. (b) 1,089   30,862
Herc Holdings Inc. (b) 864   89,752
Hudson Technologies Inc. (a)(b) 1,375   10,106
Karat Packaging Inc. (a)(b) 279   4,461
McGrath RentCorp. (b) 838   70,275
MRC Global Inc. (a)(b) 2,832   20,362
MSC Industrial Direct Company Inc., Class A (b) 498   36,259
NOW Inc. (a) 3,785   38,039
Rush Enterprises Inc., Class A 1,471   64,518
Rush Enterprises Inc., Class B 224   10,732
SiteOne Landscape Supply Inc. (a) 300   31,242
Textainer Group Holdings Ltd. 1,597   42,896
  Number
of Shares 		  Fair
Value
Titan Machinery Inc. (a) 677   $19,132
Transcat Inc. (a) 230   17,409
United Rentals Inc. (a) 544   146,945
Univar Solutions Inc. (a) 1,800   40,932
Veritiv Corp. (a) 457   44,681
Watsco Inc. 220   56,641
WESCO International Inc. (a) 400   47,752
WW Grainger Inc. 348   170,238
      1,771,730
Trucking - 0.1%
AMERCO 83   42,265
ArcBest Corp. (b) 846   61,530
Avis Budget Group Inc. (a) 200   29,692
Bird Global Inc., Class A (a)(b) 4,530   1,599
Covenant Logistics Group Inc. (b) 357   10,246
Daseke Inc. (a)(b) 1,300   7,033
Heartland Express Inc. (b) 1,580   22,610
Hertz Global Holdings Inc. (a)(b) 1,500   24,420
JB Hunt Transport Services Inc. (b) 654   102,299
Knight-Swift Transportation Holdings Inc. (b) 1,222   59,792
Landstar System Inc. (b) 344   49,663
Lyft Inc., Class A (a)(b) 2,515   33,122
Marten Transport Ltd. (b) 2,019   38,684
Old Dominion Freight Line Inc. 784   195,036
PAM Transportation Services Inc. (a) 233   7,214
Ryder System Inc. 394   29,743
Saia Inc. (a) 898   170,620
Schneider National Inc., Class B 300   6,090
TuSimple Holdings Inc., Class A (a) 4,804   36,510
Uber Technologies Inc. (a) 14,859   393,763
Universal Logistics Holdings Inc. 224   7,105
Werner Enterprises Inc. 2,186   82,194
XPO Logistics Inc. (a) 700   31,164
      1,442,394
Water Utilities - 0.1%
American States Water Co. 1,243   96,892
American Water Works Company Inc. 1,432   186,389
Artesian Resources Corp., Class A 290   13,955
California Water Service Group (b) 1,808   95,263
Essential Utilities Inc. (b) 2,000   82,760
Global Water Resources Inc. (b) 379   4,446
Middlesex Water Co. (b) 599   46,243
Pure Cycle Corp. (a) 688   5,745
SJW Group 934   53,798
The York Water Co. 477   18,331
      603,822
Wireless Telecommunication Services - 0.1%
Gogo Inc. (a)(b) 1,700   20,604
KORE Group Holdings Inc. (a) 874   1,669
Shenandoah Telecommunications Co. 1,658   28,219
Telephone & Data Systems Inc. 3,480   48,372
 
See Notes to Schedule of Investments.
State Street Total Return V.I.S. Fund 63
State Street Total Return V.I.S. Fund
Schedule of Investments
September 30, 2022 (Unaudited)
  Number
of Shares 		  Fair
Value
T-Mobile US Inc. (a) 4,715   $632,612
United States Cellular Corp. (a) 495   12,885
      744,361
Total Common Stock
(Cost $376,305,394) 		    330,420,825
Total Domestic Equity
(Cost $376,305,394) 		    330,420,825
Foreign Equity - 25.6%
Common Stock - 25.4%
Advertising - 0.1%
Cheil Worldwide Inc. 840   13,241
CyberAgent Inc. 8,200   69,038
Dentsu Group Inc. (b) 4,200   119,383
Focus Media Information Technology Company Ltd., Class A 10,900   8,415
Gambling.com Group Ltd. (a) 505   3,838
Hakuhodo DY Holdings Inc. 3,600   25,344
Informa PLC 28,786   164,501
Innovid Corp. (a) 511   1,385
Publicis Groupe S.A. 4,397   208,256
WPP PLC 22,129   182,638
      796,039
Aerospace & Defense - 0.3%
AECC Aviation Power Company Ltd., Class A 2,100   12,283
Airbus SE 11,277   971,684
Aselsan Elektronik Sanayi Ve Ticaret AS 7,417   11,670
AviChina Industry & Technology Company Ltd., Class H (b) 35,000   13,491
BAE Systems PLC 59,488   522,569
Bharat Electronics Ltd. 42,099   51,915
CAE Inc. (a) 6,300   97,156
Dassault Aviation S.A. 427   48,560
Elbit Systems Ltd. 516   97,949
Kongsberg Gruppen ASA 1,542   46,758
Korea Aerospace Industries Ltd. 858   28,916
Kuang-Chi Technologies Company Ltd., Class A (a) 3,100   6,437
MTU Aero Engines AG 1,056   157,759
Rheinmetall AG 841   129,434
Rolls-Royce Holdings PLC (a) 161,814   123,898
Safran S.A. 6,455   587,099
Singapore Technologies Engineering Ltd. 26,500   65,900
Thales S.A. 2,070   228,008
      3,201,486
Agricultural & Farm Machinery - 0.0% *
CNH Industrial N.V. (b) 19,643   219,759
Husqvarna AB, Class B B Shares 7,198   39,902
Kubota Corp. (b) 19,600   272,351
      532,012
Agricultural Products - 0.0% *
Beijing Dabeinong Technology Group Company Ltd., Class A A Shares (a) 7,600   8,506
Charoen Pokphand Indonesia Tbk PT (b) 89,500   33,208
IOI Corp. Bhd (b) 32,700   26,500
  Number
of Shares 		  Fair
Value
Jiangxi Zhengbang Technology Company Ltd., Class A (a) 4,100   $2,563
Kuala Lumpur Kepong Bhd 5,700   25,391
New Hope Liuhe Company Ltd., Class A A Shares (a) 3,200   6,227
Sime Darby Plantation Bhd 21,300   18,729
Tongwei Company Ltd., Class A A Shares 3,300   21,613
Wilmar International Ltd. 37,306   99,342
      242,079
Air Freight & Logistics - 0.1%
Agility Public Warehousing Co. KSC 19,200   41,350
CJ Logistics Corp. (a) 14   878
Deutsche Post AG 18,716   563,863
DSV A/S 3,629   424,938
Hyundai Glovis Company Ltd. (b) 247   27,800
Nippon Express Holdings Inc. 1,300   66,071
SF Holding Company Ltd., Class A A Shares 3,700   24,445
SG Holdings Company Ltd. 5,000   68,476
Yamato Holdings Company Ltd. 5,700   85,590
YTO Express Group Company Ltd., Class A 2,700   7,834
Yunda Holding Company Ltd., Class A 3,600   7,891
ZTO Express Cayman Inc. ADR 4,409   105,948
      1,425,084
Airlines - 0.0% *
Air Canada (a) 2,800   33,827
Air China Ltd., Class H H Shares (a) 28,000   21,295
ANA Holdings Inc. (a)(b) 3,200   60,192
China Eastern Airlines Corporation Ltd., Class A (a) 12,400   8,464
China Southern Airlines Company Ltd., Class H (a)(b) 6,000   3,158
China Southern Airlines Company Ltd., Class A (a) 11,600   10,782
Copa Holdings S.A., Class A (a)(b) 300   20,103
Deutsche Lufthansa AG (a) 10,170   58,435
InterGlobe Aviation Ltd. (a)(e) 1,049   23,797
Japan Airlines Company Ltd. (a) 2,914   52,178
Korean Air Lines Company Ltd. (a)(b) 2,302   35,127
Qantas Airways Ltd. (a) 15,213   49,072
Singapore Airlines Ltd. (a) 26,300   93,040
      469,470
Airport Services - 0.0% *
Aena SME S.A. (a)(e) 1,481   153,635
Aeroports de Paris (a) 505   58,334
Airports of Thailand PCL NVDR (a) 39,863   76,353
Auckland International Airport Ltd. (a) 23,587   95,558
Beijing Capital International Airport Company Ltd., Class H (a) 16,000   8,632
Grupo Aeroportuario del Pacifico SAB de C.V., Class B B Shares 3,300   41,776
 
See Notes to Schedule of Investments.
64 State Street Total Return V.I.S. Fund
State Street Total Return V.I.S. Fund
Schedule of Investments
September 30, 2022 (Unaudited)
  Number
of Shares 		  Fair
Value
Grupo Aeroportuario del Sureste SAB de CV, Class B (b) 1,530   $30,183
Malaysia Airports Holdings Bhd (a) 12,400   14,926
Shanghai International Airport Company Ltd., Class A (a) 1,300   10,489
      489,886
Aluminum - 0.0% *
Aluminum Corp. of China Ltd., Class H 40,000   12,935
Aluminum Corp. of China Ltd., Class A A Shares 4,800   2,767
China Hongqiao Group Ltd. 30,000   24,558
Constellium SE (a)(b) 4,285   43,450
Hindalco Industries Ltd. 14,043   66,566
Norsk Hydro ASA 26,801   143,696
Press Metal Aluminium Holdings Bhd 38,100   32,995
Shandong Nanshan Aluminum Company Ltd., Class A 14,700   6,178
Yunnan Aluminium Company Ltd., Class A A Shares 4,900   6,302
      339,447
Apparel Retail - 0.1%
Fast Retailing Company Ltd. 1,100   582,878
H & M Hennes & Mauritz AB, Class B (b) 14,065   130,034
Industria de Diseno Textil S.A. 20,632   425,601
Lojas Renner S.A. 9,932   51,140
Mr Price Group Ltd. 2,232   21,415
Pepkor Holdings Ltd. (e) 14,652   16,933
The Foschini Group Ltd. 3,538   23,158
Topsports International Holdings Ltd. (e) 21,000   14,679
Trent Ltd. 2,207   38,271
      1,304,109
Apparel, Accessories & Luxury Goods - 0.6%
adidas AG 3,269   375,655
ANTA Sports Products Ltd. 12,676   133,053
Bosideng International Holdings Ltd. 46,000   22,684
Burberry Group PLC 7,872   157,212
Capri Holdings Ltd. (a)(b) 1,305   50,164
Cie Financiere Richemont S.A. 9,958   942,329
Ermenegildo Zegna N.V. 1,580   16,985
F&F Company Ltd. 165   15,649
FF Group (a)(c)** 1,860   —
Gildan Activewear Inc. 3,600   102,311
Hermes International 598   703,032
Kering S.A. 1,412   626,035
Li Ning Company Ltd. 24,319   184,524
LPP S.A. 12   18,788
lululemon athletica Inc. (a)(b) 853   238,465
LVMH Moet Hennessy Louis Vuitton SE 5,287   3,115,808
Moncler S.p.A. 4,049   165,231
Page Industries Ltd. 50   30,996
Pandora A/S 1,802   84,235
Shenzhou International Group Holdings Ltd. 8,600   66,403
The Swatch Group AG 1,364   160,403
Titan Company Ltd. 3,675   116,855
      7,326,817
  Number
of Shares 		  Fair
Value
Application Software - 0.3%
Atlassian Corp. plc, Class A (a) 1,096   $230,807
AVEVA Group PLC 2,059   71,024
Beijing Kingsoft Office Software Inc., Class A A Shares 192   5,389
Constellation Software Inc. (b) 380   531,563
Dassault Systemes SE 12,613   435,287
Hundsun Technologies Inc., Class A 1,456   6,891
Iflytek Company Ltd., Class A A Shares 1,500   6,883
Kaleyra Inc. (a)(b) 1,717   1,665
Kingdee International Software Group Company Ltd. (a) 31,000   40,403
Lightspeed Commerce Inc. (a) 2,300   40,692
NavInfo Company Ltd., Class A A Shares 4,600   7,416
Nemetschek SE 988   46,878
Nice Ltd. (a) 1,196   225,638
Open Text Corp. 4,900   130,198
SAP SE 19,902   1,621,254
Sapiens International Corp. N.V. 1,045   20,043
Shanghai Baosight Software Company Ltd., Class B 5,200   15,082
Shanghai Baosight Software Company Ltd., Class A 1,560   8,022
Temenos AG 1,235   83,467
The Sage Group PLC 20,209   155,707
Thunder Software Technology Company Ltd., Class A 500   7,371
WiseTech Global Ltd. 2,845   93,433
Xero Ltd. (a) 2,666   124,010
Yonyou Network Technology Company Ltd., Class A 2,600   6,380
      3,915,503
Asset Management & Custody Banks - 0.2%
3i Group PLC 18,349   220,275
Abrdn PLC 36,971   56,542
Amundi S.A. (e) 1,046   43,528
Bangkok Commercial Asset Management PCL NVDR 18,629   7,949
Brookfield Asset Management Inc., Class A 26,900   1,106,305
China Cinda Asset Management Company Ltd., Class H H Shares 91,556   10,108
EQT AB 5,793   111,935
Hargreaves Lansdown PLC 6,089   58,301
IGM Financial Inc. (b) 1,277   31,989
Janus Henderson Group PLC (b) 1,100   22,341
Julius Baer Group Ltd. (b) 4,333   189,559
Onex Corp. 1,400   64,556
Partners Group Holding AG 430   346,919
Reinet Investments SCA 1,466   21,773
Schroders PLC 12,429   53,412
St. James's Place PLC 10,779   122,726
      2,468,218
Auto Parts & Equipment - 0.1%
Adient PLC (a) 3,197   88,717
Aisin Corp. (b) 2,500   64,343
Aptiv PLC (a)(b) 2,091   163,537
Bharat Forge Ltd. (b) 2,844   24,131
 
See Notes to Schedule of Investments.
State Street Total Return V.I.S. Fund 65
State Street Total Return V.I.S. Fund
Schedule of Investments
September 30, 2022 (Unaudited)
  Number
of Shares 		  Fair
Value
Changzhou Xingyu Automotive Lighting Systems Company Ltd., Class A 300   $6,392
Continental AG 2,182   96,783
Denso Corp. 8,200   374,891
Fuyao Glass Industry Group Company Ltd., Class H H Shares (e) 6,156   24,683
Fuyao Glass Industry Group Company Ltd., Class A 900   4,501
Hanon Systems (b) 2,623   15,115
Huayu Automotive Systems Company Ltd., Class A A Shares 1,768   4,077
Huizhou Desay Sv Automotive Company Ltd., Class A 200   3,854
Hyundai Mobis Company Ltd. (b) 665   87,782
Koito Manufacturing Company Ltd. 3,600   49,214
Magna International Inc. (b) 5,435   259,201
Minth Group Ltd. 8,000   17,568
Ningbo Tuopu Group Company Ltd., Class A A Shares 800   8,231
Samvardhana Motherson International Ltd. 14,295   19,020
Sumitomo Electric Industries Ltd. 13,866   140,746
Valeo 3,956   59,750
      1,512,536
Automobile Manufacturers - 0.6%
Astra International Tbk PT (b) 217,700   94,209
Bayerische Motoren Werke AG 6,265   424,453
BYD Company Ltd., Class H 9,000   221,713
BYD Company Ltd., Class A A Shares 1,200   42,337
Chongqing Changan Automobile Company Ltd., Class A A Shares 5,014   8,797
Dongfeng Motor Group Company Ltd., Class H H Shares 30,000   16,036
Ferrari N.V. 2,385   441,488
Ford Otomotiv Sanayi A/S (b) 501   8,803
Geely Automobile Holdings Ltd. (b) 62,000   84,844
Great Wall Motor Company Ltd., Class H 32,533   37,088
Great Wall Motor Company Ltd., Class A 800   3,098
Guangzhou Automobile Group Company Ltd., Class H H Shares 38,000   27,000
Honda Motor Company Ltd. 30,800   668,468
Hyundai Motor Co. 1,489   181,715
Isuzu Motors Ltd. (b) 12,100   133,781
Kia Corp. (b) 2,738   136,276
Li Auto Inc. ADR (a) 5,800   133,458
Mahindra & Mahindra Ltd. 9,993   154,610
Maruti Suzuki India Ltd. 1,299   140,223
Mazda Motor Corp. 11,200   74,362
Mercedes-Benz Group AG (b) 15,139   765,221
NIO Inc. ADR (a) 14,023   221,143
Nissan Motor Company Ltd. 45,100   145,325
Renault S.A. (a) 3,730   100,878
SAIC Motor Corporation Ltd., Class A A Shares 5,000   9,981
Stellantis N.V. 41,443   489,343
Subaru Corp. 12,000   181,329
  Number
of Shares 		  Fair
Value
Suzuki Motor Corp. 7,100   $221,001
Tata Motors Ltd. (a) 18,937   93,172
Toyota Motor Corp. 202,000   2,639,956
Volkswagen AG 618   100,674
Volvo Car AB, Class B (a) 10,096   43,810
XPeng Inc. ADR (a) 4,300   51,385
      8,095,977
Automotive Retail - 0.0% *
Abu Dhabi National Oil Co for Distribution PJSC 31,683   38,298
China Meidong Auto Holdings Ltd. 6,000   9,495
Hotai Motor Company Ltd. 3,863   69,250
PTT Oil & Retail Business PCL NVDR 42,408   28,888
USS Company Ltd. 3,700   57,137
Vibra Energia S.A. 11,600   36,995
Zhongsheng Group Holdings Ltd. 6,500   25,774
      265,837
Biotechnology - 0.2%
3SBio Inc. (e) 22,500   15,940
Affimed N.V. (a) 4,703   9,688
Alkermes PLC (a)(b) 5,500   122,815
Alteogen Inc. (a) 335   10,486
Arbutus Biopharma Corp. (a)(b) 4,284   8,182
Argenx SE (a) 1,038   369,249
Aurinia Pharmaceuticals Inc. (a)(b) 4,631   34,825
BeiGene Ltd. ADR (a) 500   67,410
Beijing Tiantan Biological Products Corporation Ltd., Class A 1,800   5,073
Beijing Wantai Biological Pharmacy Enterprise Company Ltd., Class A A Shares 80   1,280
BGI Genomics Company Ltd., Class A 800   5,964
Biocon Ltd. 4,931   17,562
Celltrion Inc. (b) 1,006   122,095
Chongqing Zhifei Biological Products Company Ltd., Class A 800   9,667
CSL Ltd. 9,180   1,678,153
Genmab A/S (a) 1,245   400,341
Green Cross Corp. 80   6,855
Grifols S.A. (a) 5,020   43,352
Hualan Biological Engineering Inc., Class A A Shares 2,038   5,174
Imeik Technology Development Company Ltd., Class A A Shares 100   6,852
Innovent Biologics Inc. (a)(e) 10,500   32,269
Prothena Corporation PLC (a) 1,216   73,726
Seegene Inc. 279   5,175
Shanghai RAAS Blood Products Company Ltd., Class A 5,500   4,103
Shenzhen Kangtai Biological Products Company Ltd., Class A 800   3,389
SK Bioscience Company Ltd. (a) 266   14,724
Swedish Orphan Biovitrum AB (a) 2,885   55,759
 
See Notes to Schedule of Investments.
66 State Street Total Return V.I.S. Fund
State Street Total Return V.I.S. Fund
Schedule of Investments
September 30, 2022 (Unaudited)
  Number
of Shares 		  Fair
Value
Walvax Biotechnology Company Ltd., Class A 1,400   $7,251
Zai Lab Ltd. ADR (a) 800   27,360
      3,164,719
Brewers - 0.2%
AMBEV S.A. 51,700   148,538
Anheuser-Busch InBev S.A. (b) 16,391   742,154
Asahi Group Holdings Ltd. 8,700   271,203
Budweiser Brewing Company APAC Ltd. (e) 33,800   88,014
Carlsberg A/S, Class B 1,965   229,677
China Resources Beer Holdings Company Ltd. (b) 16,000   110,984
Chongqing Brewery Company Ltd., Class A 100   1,565
Cia Cervecerias Unidas S.A. (b) 2,774   15,220
Heineken Holding N.V. (b) 2,040   139,599
Heineken N.V. (b) 4,906   428,271
Kirin Holdings Company Ltd. 15,700   241,845
Tsingtao Brewery Company Ltd., Class H 6,924   65,276
Tsingtao Brewery Company Ltd., Class A 800   11,858
      2,494,204
Broadcasting - 0.0% *
Vivendi SE 12,686   98,360
Building Products - 0.2%
AGC Inc. (b) 3,800   118,289
Allegion PLC (b) 656   58,830
Assa Abloy AB, Class B 19,044   356,814
Beijing New Building Materials PLC, Class A 1,600   5,388
Caesarstone Ltd. 939   8,742
China Lesso Group Holdings Ltd. 16,494   15,266
Cie de Saint-Gobain 9,429   337,002
Daikin Industries Ltd. 4,700   723,109
Geberit AG 678   291,442
Guangdong Kinlong Hardware Products Company Ltd., Class A 200   2,481
Kingspan Group PLC 2,959   133,262
Lixil Corp. 5,200   76,291
Nibe Industrier AB, Class B B Shares 29,154   260,064
ROCKWOOL A/S, Class B 176   27,749
TOTO Ltd. 2,800   93,492
Trane Technologies PLC 1,813   262,541
Xinyi Glass Holdings Ltd. 40,000   57,845
      2,828,607
Cable & Satellite - 0.0% *
Cyfrowy Polsat S.A. 3,840   12,394
Grupo Televisa SAB 24,100   26,128
MultiChoice Group 3,711   23,878
Quebecor Inc., Class B 2,700   50,048
Shaw Communications Inc., Class B 9,200   224,903
      337,351
Casinos & Gaming - 0.1%
Aristocrat Leisure Ltd. 11,593   245,718
Entain PLC 11,560   138,186
Evolution AB (e) 3,523   278,488
  Number
of Shares 		  Fair
Value
Flutter Entertainment PLC (a) 3,161   $348,300
Galaxy Entertainment Group Ltd. (b) 42,000   246,864
Genting Bhd 24,200   23,288
Genting Malaysia Bhd 30,500   18,277
Genting Singapore Ltd. (b) 101,800   55,374
Kangwon Land Inc. (a) 1,128   18,416
La Francaise des Jeux SAEM (e) 1,793   53,166
NEOGAMES S.A. (a) 396   5,108
OPAP S.A. (b) 2,713   32,522
Sands China Ltd. (a) 47,600   118,531
The Lottery Corporation Ltd. (a) 45,093   121,470
      1,703,708
Coal & Consumable Fuels - 0.1%
Adaro Energy Tbk PT (b) 172,900   44,588
Cameco Corp. 7,700   205,438
China Coal Energy Company Ltd., Class H 22,000   19,819
China Shenhua Energy Company Ltd., Class H H Shares 35,990   107,090
China Shenhua Energy Company Ltd., Class A 3,800   16,820
Coal India Ltd. 15,043   38,983
Exxaro Resources Ltd. 2,356   26,351
Shaanxi Coal Industry Company Ltd., Class A 6,500   20,761
Shanxi Coking Coal Energy Group Company Ltd., Class A 3,800   7,957
United Tractors Tbk PT 17,600   37,790
Uranium Energy Corp. (a) 9,545   33,407
Washington H Soul Pattinson & Company Ltd. 3,709   64,094
Yankuang Energy Group Company Ltd., Class H H Shares 16,000   57,769
Yankuang Energy Group Company Ltd., Class A 2,300   16,143
      697,010
Commercial Printing - 0.0% *
Cimpress PLC (a) 591   14,468
Dai Nippon Printing Company Ltd. (b) 3,800   76,122
Toppan Inc. 5,200   77,451
      168,041
Commodity Chemicals - 0.1%
Advanced Petrochemical Co. 1,510   17,854
Asahi Kasei Corp. (b) 24,500   162,352
Barito Pacific Tbk PT 341,700   17,795
Berger Paints India Ltd. 2,928   22,097
Do-Fluoride New Materials Company Ltd., Class A 400   2,009
Formosa Chemicals & Fibre Corp. 46,000   99,776
Formosa Plastics Corp. 47,000   127,933
Guangzhou Tinci Materials Technology Company Ltd., Class A 1,860   11,437
Hanwha Solutions Corp. (a) 1,295   42,183
Hengli Petrochemical Company Ltd., Class A (b) 4,300   10,149
Hengyi Petrochemical Company Ltd., Class A 4,700   5,074
 
See Notes to Schedule of Investments.
State Street Total Return V.I.S. Fund 67
State Street Total Return V.I.S. Fund
Schedule of Investments
September 30, 2022 (Unaudited)
  Number
of Shares 		  Fair
Value
Huafon Chemical Company Ltd., Class A 4,900   $4,476
Hubei Xingfa Chemicals Group Company Ltd., Class A 600   2,793
Indorama Ventures PCL NVDR 18,695   19,182
Inner Mongolia Yuan Xing Energy Company Ltd., Class A (b) 2,700   2,802
Jiangsu Eastern Shenghong Company Ltd., Class A (b) 3,800   9,269
Kingfa Sci & Tech Company Ltd., Class A A Shares 1,800   2,357
Kumho Petrochemical Company Ltd. (b) 189   15,132
LB Group Company Ltd., Class A A Shares 2,100   4,623
LG Chem Ltd. 502   185,356
Lotte Chemical Corp. (b) 215   21,428
Mesaieed Petrochemical Holding Co. 39,418   25,224
Mitsui Chemicals Inc. (b) 3,100   60,418
Nan Ya Plastics Corp. 58,000   121,708
National Industrialization Co. (a) 3,399   12,139
Orbia Advance Corp. SAB de C.V. 10,200   17,136
Orica Ltd. 8,274   70,805
Orion Engineered Carbons S.A. 2,068   27,608
Petronas Chemicals Group Bhd 25,400   45,679
PTT Global Chemical PCL NVDR 28,638   31,339
Rongsheng Petrochemical Company Ltd., Class A 5,350   10,339
Sahara International Petrochemical Co. 4,092   44,745
Satellite Chemical Company Ltd., Class A 2,518   7,483
Saudi Basic Industries Corp. 9,768   228,589
Saudi Industrial Investment Group 4,178   25,124
Saudi Kayan Petrochemical Co. (a) 10,450   37,564
Shenzhen Senior Technology Material Company Ltd., Class A 599   1,671
Sinoma Science & Technology Company Ltd., Class A 2,800   7,782
SK Chemicals Company Ltd. 106   6,672
SKC Company Ltd. 278   16,060
Skshu Paint Company Ltd., Class A (a) 400   4,896
Suzhou TA&A Ultra Clean Technology Company Ltd., Class A 400   3,702
Tongkun Group Company Ltd., Class A A Shares 3,400   6,402
Toray Industries Inc. 27,600   135,829
Tosoh Corp. 4,482   49,948
Tronox Holdings PLC, Class A 4,048   49,588
Yanbu National Petrochemical Co. 2,801   34,121
Yunnan Energy New Material Company Ltd., Class A 500   12,167
      1,880,815
Communications Equipment - 0.1%
Accton Technology Corp. 5,000   42,647
BYD Electronic International Company Ltd. 7,020   16,775
  Number
of Shares 		  Fair
Value
Nokia Oyj 102,370   $439,301
Telefonaktiebolaget LM Ericsson, Class B 55,295   323,228
Tianjin 712 Communication & Broadcasting Company Ltd., Class A 1,900   9,432
Yealink Network Technology Corporation Ltd., Class A 1,100   9,707
ZTE Corp., Class H H Shares 10,000   17,858
ZTE Corp., Class A 4,400   13,184
      872,132
Computer & Electronics Retail - 0.0% *
Hikari Tsushin Inc. 400   46,983
Construction & Engineering - 0.2%
ACS Actividades de Construccion y Servicios S.A. (b) 4,520   101,520
Bouygues S.A. (b) 4,685   122,503
China Communications Services Corporation Ltd., Class H H Shares 17,733   5,962
China Conch Venture Holdings Ltd. 17,000   27,031
China Energy Engineering Corporation Ltd. 34,900   10,913
China National Chemical Engineering Company Ltd., Class A 600   670
China Railway Group Ltd., Class H H Shares (b) 40,000   19,644
China Railway Group Ltd., Class A A Shares 8,800   6,441
China State Construction Engineering Corporation Ltd., Class A 23,400   16,843
China State Construction International Holdings Ltd. 20,000   20,153
Eiffage S.A. 1,659   132,986
Ferrovial S.A. (b) 9,249   209,854
GS Engineering & Construction Corp. 456   7,111
Hyundai Engineering & Construction Company Ltd. 544   14,109
Kajima Corp. 9,100   86,245
Larsen & Toubro Ltd. 7,381   166,628
Metallurgical Corp. of China Ltd., Class A 1,300   543
Obayashi Corp. 12,800   82,141
Power Construction Corp. of China Ltd., Class A 7,600   7,382
Samsung Engineering Company Ltd. (a) 1,427   22,464
Shimizu Corp. 9,500   46,441
Skanska AB, Class B 6,669   83,002
Taisei Corp. 3,300   91,511
Vinci S.A. 10,066   813,611
WSP Global Inc. 2,300   254,631
      2,350,339
Construction Machinery & Heavy Trucks - 0.1%
Alstom S.A. 6,323   102,237
China CSSC Holdings Ltd., Class A 4,900   15,487
CRRC Corporation Ltd., Class H 56,000   18,086
CRRC Corporation Ltd., Class A 24,300   15,947
Daimler Truck Holding AG (a) 8,677   196,085
Doosan Bobcat Inc. 635   12,496
 
See Notes to Schedule of Investments.
68 State Street Total Return V.I.S. Fund
State Street Total Return V.I.S. Fund
Schedule of Investments
September 30, 2022 (Unaudited)
  Number
of Shares 		  Fair
Value
Epiroc AB, Class A A Shares 12,813   $183,299
Epiroc AB, Class B B Shares 6,814   85,923
Hitachi Construction Machinery Company Ltd. (b) 1,700   31,591
KION Group AG 1,242   23,776
Knorr-Bremse AG 1,231   52,842
Komatsu Ltd. (b) 17,700   322,254
Korea Shipbuilding & Offshore Engineering Co Ltd. (a) 588   29,682
Samsung Heavy Industries Company Ltd. (a) 8,056   29,681
Sany Heavy Equipment International Holdings Company Ltd. 11,000   10,675
Sany Heavy Industry Company Ltd., Class A A Shares 5,300   10,267
Sinotruk Hong Kong Ltd. 12,500   10,386
Toyota Industries Corp. 2,900   138,521
Volvo AB, Class B B Shares 28,554   404,072
Volvo AB, Class A A Shares 3,431   50,771
Weichai Power Company Ltd., Class H 22,401   21,221
Weichai Power Company Ltd., Class A 7,800   10,501
XCMG Construction Machinery Company Ltd., Class A 9,300   5,835
Zoomlion Heavy Industry Science & Technology Company Ltd., Class A H Shares 14,748   5,102
Zoomlion Heavy Industry Science & Technology Company Ltd., Class A 8,700   6,744
      1,793,481
Construction Materials - 0.1%
ACC Ltd. 514   15,194
Ambuja Cements Ltd. 5,641   35,574
Anhui Conch Cement Company Ltd., Class H (b) 12,081   38,184
Anhui Conch Cement Company Ltd., Class A A Shares 2,769   11,148
Asia Cement Corp. 22,000   27,239
Cemex SAB de C.V. (a) 147,000   50,736
China Jushi Company Ltd., Class A A Shares 4,114   7,570
China National Building Material Company Ltd., Class H H Shares (b) 37,243   28,357
China Resources Cement Holdings Ltd. 26,000   12,009
CRH PLC (b) 14,484   465,497
Grasim Industries Ltd. 2,984   61,100
HeidelbergCement AG 2,818   111,277
Holcim AG 10,488   430,874
James Hardie Industries PLC 8,586   169,521
POSCO Chemical Company Ltd. 287   29,691
Semen Indonesia Persero Tbk PT 38,500   18,827
Shree Cement Ltd. 102   26,227
Taiwan Cement Corp. 61,595   65,599
The Siam Cement PCL NVDR 7,165   61,814
UltraTech Cement Ltd. 1,052   80,471
      1,746,909
Consumer Electronics - 0.2%
Garmin Ltd. (b) 1,348   108,258
LG Electronics Inc. (b) 1,122   60,886
  Number
of Shares 		  Fair
Value
Panasonic Holdings Corp. 42,500   $298,406
Sharp Corp. 4,300   25,637
Sony Group Corp. 24,000   1,545,786
TCL Technology Group Corp., Class A A Shares 13,027   6,618
      2,045,591
Consumer Finance - 0.0% *
360 DigiTech Inc. Revenue 600   7,692
Bajaj Finance Ltd. 2,760   246,600
Cholamandalam Investment & Finance Company Ltd. 4,331   38,703
Krungthai Card PCL NVDR 9,465   14,356
Lufax Holding Ltd. ADR 8,100   20,574
Muangthai Capital PCL NVDR 13,200   12,557
Muthoot Finance Ltd. 569   7,220
SBI Cards & Payment Services Ltd. 1,967   21,942
Shriram Transport Finance Company Ltd. 1,784   26,088
Srisawad Corp. PCL NVDR 7,200   8,134
      403,866
Copper - 0.0% *
Antofagasta PLC 6,862   84,066
First Quantum Minerals Ltd. (b) 11,400   194,556
Jiangxi Copper Company Ltd., Class H 14,782   17,052
Jiangxi Copper Company Ltd., Class A 300   638
KGHM Polska Miedz S.A. 1,470   25,765
Lundin Mining Corp. 11,200   56,895
Southern Copper Corp. 1,390   62,328
      441,300
Data Processing & Outsourced Services - 0.1%
Adyen N.V. (a)(b)(e) 409   509,881
Amadeus IT Group S.A. (a) 8,525   395,080
Computershare Ltd. (b) 10,470   167,859
Edenred 4,852   223,444
EVERTEC Inc. (b) 2,084   65,333
GMO Payment Gateway Inc. 700   47,981
Nexi S.p.A. (a)(e) 10,325   83,372
Nuvei Corp. (a)(e) 1,000   27,168
Paysafe Ltd. (a) 11,414   15,751
StoneCo Ltd., Class A A Shares (a) 9,333   88,944
TravelSky Technology Ltd., Class H 10,000   15,305
Worldline S.A. (a)(e) 4,696   185,537
      1,825,655
Department Stores - 0.0% *
Central Retail Corp. PCL NVDR 21,416   22,294
Falabella SA (b) 8,186   16,497
Lotte Shopping Company Ltd. (b) 146   8,756
Next PLC 2,511   133,244
Woolworths Holdings Ltd. 10,418   35,255
      216,046
Distillers & Vintners - 0.3%
Anhui Gujing Distillery Company Ltd., Class B 1,100   16,248
Anhui Gujing Distillery Company Ltd., Class A 400   15,236
 
See Notes to Schedule of Investments.
State Street Total Return V.I.S. Fund 69
State Street Total Return V.I.S. Fund
Schedule of Investments
September 30, 2022 (Unaudited)
  Number
of Shares 		  Fair
Value
Beijing Shunxin Agriculture Company Ltd., Class A 1,400   $3,901
Davide Campari-Milano N.V. 10,250   90,650
Diageo PLC 43,608   1,835,201
Jiangsu King's Luck Brewery JSC Ltd., Class A 1,400   8,975
Jiangsu Yanghe Brewery Joint-Stock Company Ltd., Class A (b) 1,000   22,154
JiuGui Liquor Company Ltd., Class A A Shares (b) 400   7,028
Kweichow Moutai Company Ltd., Class A A Shares 800   209,424
Luzhou Laojiao Company Ltd., Class A A Shares 1,000   32,318
Pernod Ricard S.A. 3,955   725,265
Remy Cointreau S.A. 392   65,025
Shanghai Bairun Investment Holding Group Company Ltd., Class A 980   3,689
Shanxi Xinghuacun Fen Wine Factory Company Ltd., Class A 740   31,328
Sichuan Swellfun Company Ltd., Class A A Shares 600   5,257
Treasury Wine Estates Ltd. 13,602   110,011
United Spirits Ltd. (a) 3,752   38,640
Wuliangye Yibin Company Ltd., Class A A Shares 2,400   56,787
      3,277,137
Distributors - 0.0% *
D'ieteren Group 426   59,999
Diversified Banks - 2.9%
ABN AMRO Group N.V. (e) 8,536   76,454
Absa Group Ltd. (b) 7,945   77,725
Abu Dhabi Commercial Bank PJSC 33,159   81,335
Abu Dhabi Islamic Bank PJSC 15,726   38,699
Agricultural Bank of China Ltd., Class H H Shares (b) 312,717   93,592
Agricultural Bank of China Ltd., Class A A Shares 46,247   18,534
Akbank T.A.S. (b) 26,916   16,392
Al Rajhi Bank (a) 20,088   430,048
Alinma Bank 10,599   101,386
Alpha Services & Holdings S.A. (a) 26,430   20,740
AMMB Holdings Bhd 19,100   15,988
Arab National Bank 6,252   50,856
Australia & New Zealand Banking Group Ltd. 56,459   830,756
Axis Bank Ltd. 23,438   209,569
Banco Bilbao Vizcaya Argentaria S.A. 126,017   565,062
Banco Bradesco S.A. 15,267   46,037
Banco de Chile 598,836   53,243
Banco de Credito e Inversiones S.A. 1,004   25,783
Banco do Brasil S.A. 10,000   71,217
Banco Santander Brasil S.A. 3,200   17,950
Banco Santander Chile 774,790   27,354
Banco Santander S.A. 327,248   761,162
Bancolombia S.A. 1,951   13,208
Bank AlBilad (a) 5,171   64,834
Bank Al-Jazira 3,780   22,487
Bank Central Asia Tbk PT (b) 600,300   335,111
Bank Hapoalim BM 24,684   208,908
Bank Jago Tbk PT (a) 36,700   15,825
  Number
of Shares 		  Fair
Value
Bank Leumi Le-Israel BM (b) 29,866   $255,738
Bank Mandiri Persero Tbk PT 215,900   132,571
Bank Negara Indonesia Persero Tbk PT (b) 78,300   45,797
Bank of Beijing Company Ltd., Class A 9,700   5,585
Bank of China Ltd., Class H H Shares 837,868   273,635
Bank of China Ltd., Class A A Shares 12,294   5,323
Bank of Communications Company Ltd., Class H H Shares 86,127   45,403
Bank of Communications Company Ltd., Class A 25,700   16,635
Bank of Montreal 12,701   1,119,108
Bank of Shanghai Company Ltd., Class A 6,100   4,999
Bank of the Philippine Islands (b) 22,630   34,469
Bank Polska Kasa Opieki S.A. (b) 1,929   23,512
Bank Rakyat Indonesia Persero Tbk PT 748,609   219,097
Banque Saudi Fransi 6,105   67,442
Barclays PLC 316,621   503,674
BDO Unibank Inc. 20,560   38,953
BNP Paribas S.A. (b) 21,197   894,979
BOC Hong Kong Holdings Ltd. 71,000   236,118
Boubyan Bank KSCP 18,265   45,081
CaixaBank S.A. 85,599   275,591
Canadian Imperial Bank of Commerce (b) 17,000   748,022
Capitec Bank Holdings Ltd. 931   80,329
Chang Hwa Commercial Bank Ltd. 55,317   29,799
China CITIC Bank Corporation Ltd., Class H H Shares 97,881   38,842
China Common Rich Renewable Energy Investments Ltd. (c)** 64,000   —
China Construction Bank Corp., Class H H Shares 1,025,000   591,613
China Construction Bank Corp., Class A 7,400   5,722
China Everbright Bank Company Ltd., Class H H Shares 46,883   12,872
China Everbright Bank Company Ltd., Class A A Shares 30,820   12,167
China Merchants Bank Company Ltd., Class H H Shares 41,500   192,050
China Merchants Bank Company Ltd., Class A 12,700   59,728
China Minsheng Banking Corporation Ltd., Class H H Shares (b) 65,200   18,643
China Minsheng Banking Corporation Ltd., Class A 20,500   9,735
China Zheshang Bank Company Ltd., Class A (a) 17,800   7,429
CIMB Group Holdings Bhd (b) 70,165   77,364
Commercial International Bank Egypt S.A.E. 24,801   31,842
Commerzbank AG (a) 21,484   152,882
Commonwealth Bank of Australia 32,512   1,901,141
Credicorp Ltd. (b) 800   98,240
Credit Agricole S.A. 22,398   181,753
 
See Notes to Schedule of Investments.
70 State Street Total Return V.I.S. Fund
State Street Total Return V.I.S. Fund
Schedule of Investments
September 30, 2022 (Unaudited)
  Number
of Shares 		  Fair
Value
CTBC Financial Holding Company Ltd. 174,000   $108,246
Danske Bank A/S 13,619   169,435
DBS Group Holdings Ltd. (b) 34,210   792,137
DNB BANK ASA (b) 17,674   280,227
Dubai Islamic Bank PJSC 41,012   66,536
E.Sun Financial Holding Company Ltd. 130,897   105,913
Emirates NBD Bank PJSC 22,098   77,271
Erste Group Bank AG 6,778   148,528
Eurobank Ergasias Services & Holdings S.A., Class A (a) 33,180   27,684
FinecoBank Banca Fineco S.p.A. 12,163   150,158
First Abu Dhabi Bank PJSC 48,479   235,149
First Financial Holding Company Ltd. (b) 109,603   89,474
Grupo Financiero Banorte SAB de C.V., Class O 25,900   166,574
Grupo Financiero Inbursa SAB de CV, Class O (a) 21,800   34,607
Hana Financial Group Inc. 2,984   73,272
Hang Seng Bank Ltd. (b) 14,600   221,803
Hong Leong Bank Bhd (b) 8,200   36,193
Hong Leong Financial Group Bhd 2,087   8,279
HSBC Holdings PLC 381,320   1,973,978
Hua Nan Financial Holdings Company Ltd. 96,089   67,037
Huaxia Bank Company Ltd., Class A 400   282
ICICI Bank Ltd. (b) 52,673   553,027
Industrial & Commercial Bank of China Ltd., Class H H Shares 602,505   282,630
Industrial & Commercial Bank of China Ltd., Class A 39,300   23,955
Industrial Bank Company Ltd., Class A A Shares 13,400   31,166
Industrial Bank of Korea 2,926   19,350
ING Groep N.V. (b) 73,742   631,595
Inter & Company Inc. 1   3
Intesa Sanpaolo S.p.A. 312,235   515,918
Israel Discount Bank Ltd., Class A (b) 24,034   121,332
Japan Post Bank Company Ltd. 7,100   49,625
KakaoBank Corp. (a) 1,198   16,596
KB Financial Group Inc. 4,080   123,210
KBC Group N.V. 4,866   230,817
Komercni banka A/S (b) 1,017   25,451
Kotak Mahindra Bank Ltd. (b) 5,755   127,729
Krung Thai Bank PCL NVDR 46,577   20,550
Kuwait Finance House KSCP 61,518   166,851
Lloyds Banking Group PLC 1,340,590   605,794
Malayan Banking Bhd 50,170   92,658
Masraf Al Rayan QSC 50,706   57,024
mBank S.A. (a) 271   10,908
Mediobanca Banca di Credito Finanziario S.p.A. 11,868   92,826
Mega Financial Holding Company Ltd. (b) 114,057   111,592
Metropolitan Bank & Trust Co. 18,910   15,596
Mitsubishi UFJ Financial Group Inc. 228,000   1,032,761
Mizrahi Tefahot Bank Ltd. 3,002   105,369
Mizuho Financial Group Inc. (b) 45,600   493,552
Moneta Money Bank A/S (e) 7,492   21,088
National Australia Bank Ltd. 60,954   1,134,428
  Number
of Shares 		  Fair
Value
National Bank of Canada (b) 6,400   $403,269
National Bank of Kuwait SAKP 82,003   258,354
Nedbank Group Ltd. 4,353   48,378
Nordea Bank Abp 64,264   549,993
OTP Bank Nyrt 2,162   39,423
Oversea-Chinese Banking Corporation Ltd. 64,030   525,148
Ping An Bank Company Ltd., Class A A Shares 10,900   18,065
Postal Savings Bank of China Company Ltd. H Shares (e) 82,675   48,592
Postal Savings Bank of China Company Ltd., Class A 15,100   9,417
Powszechna Kasa Oszczednosci Bank Polski S.A. 10,415   45,662
Public Bank Bhd 153,800   139,976
Qatar International Islamic Bank QSC 3,271   9,742
Qatar Islamic Bank SAQ 15,089   101,849
Qatar National Bank QPSC 46,033   250,541
RHB Bank Bhd 24,907   29,759
Riyad Bank 13,938   117,004
Royal Bank of Canada 27,012   2,444,949
Santander Bank Polska S.A. 358   14,168
Sberbank of Russia PJSC (a)(c)** 192,160   —
SCB X PCL 11,696   32,049
Shanghai Pudong Development Bank Company Ltd., Class A 14,200   14,001
Shinhan Financial Group Company Ltd. 4,708   109,363
SinoPac Financial Holdings Company Ltd. 99,619   54,053
Skandinaviska Enskilda Banken AB, Class A 31,363   298,917
Societe Generale S.A. 14,985   296,224
Standard Bank Group Ltd. 14,348   114,149
Standard Chartered PLC 50,103   313,302
State Bank of India 18,834   121,970
Sumitomo Mitsui Financial Group Inc. 24,700   684,649
Sumitomo Mitsui Trust Holdings Inc. 6,500   184,839
Svenska Handelsbanken AB, Class A 28,009   229,929
Swedbank AB, Class A A Shares 17,493   229,612
Taishin Financial Holding Company Ltd 112,244   48,254
Taiwan Cooperative Financial Holding Company Ltd. 102,207   84,150
TCS Group Holding PLC GDR (a)(c)** 1,671   —
TCS Group Holding PLC (a)(c)** 500   —
The Bank of Nova Scotia 22,900   1,094,960
The Bank of NT Butterfield & Son Ltd. 1,717   55,734
The Commercial Bank PQSC 19,063   36,700
The Saudi British Bank 9,570   98,958
The Saudi National Bank 22,647   377,876
The Shanghai Commercial & Savings Bank Ltd. 35,000   54,032
The Toronto-Dominion Bank 34,600   2,133,337
Turkiye Is Bankasi AS, Class C C Shares 22,855   9,180
UniCredit S.p.A. 40,070   405,506
United Overseas Bank Ltd. 22,400   406,103
 
See Notes to Schedule of Investments.
State Street Total Return V.I.S. Fund 71
State Street Total Return V.I.S. Fund
Schedule of Investments
September 30, 2022 (Unaudited)
  Number
of Shares 		  Fair
Value
VTB Bank PJSC (a)(c)** 70,264,000   $—
Westpac Banking Corp. 66,037   878,176
Woori Financial Group Inc. 5,116   37,967
Yes Bank Ltd. (a) 210,763   40,305
      37,828,906
Diversified Capital Markets - 0.2%
Banco BTG Pactual S.A. 11,908   54,621
Credit Suisse Group AG 50,608   200,682
Deutsche Bank AG 38,943   288,215
Macquarie Group Ltd. 6,878   674,481
Mirae Asset Securities Company Ltd. 3,109   12,870
UBS Group AG 67,100   975,908
      2,206,777
Diversified Chemicals - 0.1%
BASF SE 17,343   665,324
Mitsubishi Chemical Holdings Corp. 25,900   118,632
Ningxia Baofeng Energy Group Company Ltd., Class A 3,000   5,591
Nissan Chemical Corp. 2,300   102,739
Pidilite Industries Ltd. 1,757   57,740
Sasol Ltd. 5,864   92,374
Solvay S.A. 1,445   111,829
SRF Ltd. 1,747   53,336
Sumitomo Chemical Company Ltd. 28,100   96,643
      1,304,208
Diversified Metals & Mining - 0.6%
African Rainbow Minerals Ltd. 506   6,884
Anglo American PLC 23,990   720,158
BHP Group Ltd. 96,432   2,409,485
Boliden AB 5,320   164,369
China Minmetals Rare Earth Company Ltd., Class A (a) 500   1,840
China Molybdenum Company Ltd., Class H H Shares 30,000   11,647
China Molybdenum Company Ltd., Class A A Shares 11,000   7,260
China Northern Rare Earth Group High-Tech Company Ltd., Class A 2,000   7,416
Ganfeng Lithium Company Ltd., Class A A Shares 1,640   17,142
Ganfeng Lithium Company Ltd., Class H H Shares (e) 3,640   24,045
GEM Company Ltd., Class A A Shares 7,800   8,041
Glencore PLC 186,484   979,756
Grupo Mexico SAB de C.V., Class B (b) 30,742   104,147
Ivanhoe Mines Ltd., Class A (a) 10,300   66,640
Korea Zinc Company Ltd. 86   35,558
Merdeka Copper Gold Tbk PT (a) 138,993   35,777
Mineral Resources Ltd. 3,300   139,230
MMC Norilsk Nickel PJSC ADR (c)** 8,131   —
MMC Norilsk Nickel PJSC (c)** 305   —
MMG Ltd. (a) 36,000   8,566
PolyMet Mining Corp. (a) 691   1,990
Rio Tinto Ltd. 7,027   427,273
Rio Tinto PLC 21,445   1,160,040
Saudi Arabian Mining Co. (a) 9,158   167,442
  Number
of Shares 		  Fair
Value
Shenghe Resources Holding Co. Ltd., Class A 3,500   $7,384
South32 Ltd. 89,357   213,220
Sumitomo Metal Mining Company Ltd. 4,900   140,402
Teck Resources Ltd., Class B (a) 9,200   281,279
Tibet Summit Resources Company Ltd., Class A (a) 500   1,551
Vedanta Ltd. 6,580   21,593
Youngy Company Ltd., Class A (a) 200   3,145
Zhejiang Huayou Cobalt Company Ltd., Class A 1,530   13,719
      7,186,999
Diversified Real Estate Activities - 0.2%
Aldar Properties PJSC 49,033   55,975
Ayala Land Inc. (b) 76,100   29,545
Barwa Real Estate Co. 1,157   1,087
City Developments Ltd. 8,300   43,783
Daito Trust Construction Company Ltd. 1,100   102,886
Daiwa House Industry Company Ltd. 11,400   231,768
DLF Ltd. 5,050   21,928
ESR Group Ltd. (b)(e) 39,200   98,599
Lendlease Corporation Ltd. 13,528   77,740
Mitsubishi Estate Company Ltd. 22,600   297,751
Mitsui Fudosan Company Ltd. 17,400   331,435
New World Development Company Ltd. 28,000   79,520
Nomura Real Estate Holdings Inc. 2,396   54,106
Shanghai Lujiazui Finance & Trade Zone Development Company Ltd., Class B 10,400   8,137
Sumitomo Realty & Development Company Ltd. 6,100   138,712
Sun Hung Kai Properties Ltd. 27,500   303,488
Swire Pacific Ltd., Class A 9,500   71,006
The Wharf Holdings Ltd. 13,000   41,573
UOL Group Ltd. 8,500   39,143
      2,028,182
Diversified REITs - 0.1%
Daiwa House REIT Investment Corp. 43   89,795
Fibra Uno Administracion S.A. de C.V. (b) 32,000   32,991
Growthpoint Properties Ltd. 46,615   30,579
Land Securities Group PLC (b) 12,309   71,108
Mirvac Group 77,039   96,463
Nomura Real Estate Master Fund Inc. 83   91,726
Stockland 41,874   88,087
The British Land Company PLC 17,362   67,234
The GPT Group 33,418   82,672
      650,655
Diversified Support Services - 0.0% *
Brambles Ltd. 27,421   201,632
Indian Railway Catering & Tourism Corporation Ltd. 2,733   23,474
Ritchie Bros Auctioneers Inc. 2,000   125,629
      350,735
 
See Notes to Schedule of Investments.
72 State Street Total Return V.I.S. Fund
State Street Total Return V.I.S. Fund
Schedule of Investments
September 30, 2022 (Unaudited)
  Number
of Shares 		  Fair
Value
Drug Retail - 0.0% *
Clicks Group Ltd. 2,284   $36,277
Raia Drogasil S.A. 11,200   47,067
Welcia Holdings Company Ltd. 1,944   41,019
      124,363
Education Services - 0.0% *
IDP Education Ltd. 3,585   60,533
New Oriental Education & Technology Group Inc. (a) 15,100   36,890
TAL Education Group ADR (a) 4,100   20,254
      117,677
Electric Utilities - 0.5%
Acciona S.A. 484   85,031
Adani Transmission Ltd. (a) 2,959   118,578
Centrais Eletricas Brasileiras S.A. (b) 6,827   54,236
CEZ A/S (b) 2,072   71,044
Chubu Electric Power Company Inc. (b) 12,600   113,307
CK Infrastructure Holdings Ltd. (b) 10,500   53,552
CLP Holdings Ltd. (b) 31,000   234,282
CPFL Energia S.A. 2,500   15,604
EDP - Energias de Portugal S.A. (b) 53,005   229,948
Electricite de France S.A. (b) 10,621   123,126
Elia Group S.A. 649   76,337
Emera Inc. (b) 5,000   203,377
Endesa S.A. 5,538   83,144
Enel Americas S.A. 212,573   22,635
Enel Chile S.A. 175,613   5,122
Enel S.p.A. 153,542   629,453
Energisa S.A. 2,100   16,264
Equatorial Energia S.A. 12,243   60,889
Fortis Inc. (b) 9,044   345,423
Fortum Oyj (b) 9,330   125,317
HK Electric Investments & HK Electric Investments Ltd. 54,369   38,093
Hydro One Ltd. (b)(e) 6,298   154,832
Iberdrola S.A. (b) 113,571   1,058,524
Inter RAO UES PJSC (a)(c)** 467,243   —
Interconexion Electrica S.A. ESP 4,165   14,959
Korea Electric Power Corp. (a) 2,481   34,563
Manila Electric Co. 2,420   10,837
Mercury NZ Ltd. 13,923   44,799
Origin Energy Ltd. 35,695   119,046
Orsted A/S (e) 3,564   283,926
PGE Polska Grupa Energetyczna S.A. (a) 10,086   12,734
Power Assets Holdings Ltd. 27,000   135,341
Power Grid Corporation of India Ltd. 34,609   89,863
Public Power Corp. S.A. (a) 3,647   18,514
Red Electrica Corp. SA 7,882   120,905
Saudi Electricity Co. 8,744   56,607
SSE PLC 20,286   342,472
Tenaga Nasional Bhd 27,000   46,810
Terna - Rete Elettrica Nazionale S.p.A. 27,402   166,824
The Kansai Electric Power Company Inc. (b) 14,300   119,626
The Tata Power Company Ltd. 16,884   44,535
Tokyo Electric Power Company Holdings Inc. (a) 32,300   103,240
  Number
of Shares 		  Fair
Value
Verbund AG 1,374   $117,261
      5,800,980
Electrical Components & Equipment - 0.3%
ABB Ltd. 30,991   802,162
Contemporary Amperex Technology Company Ltd., Class A 1,400   78,407
Ecopro BM Company Ltd. 560   33,878
Eve Energy Company Ltd., Class A A Shares 900   10,620
Fuji Electric Company Ltd. 2,400   87,953
Ginlong Technologies Company Ltd., Class A (a) 300   9,264
Gotion High-tech Company Ltd., Class A A Shares 1,800   7,677
Havells India Ltd. 3,337   55,058
Legrand S.A. (b) 5,067   327,494
LG Energy Solution (a) 221   65,164
Nidec Corp. 8,500   475,748
nVent Electric plc 1,000   31,610
Prysmian S.p.A. 5,137   147,083
Schneider Electric SE 10,346   1,168,111
Sungrow Power Supply Company Ltd., Class A A Shares 1,300   20,031
Sunwoda Electronic Company Ltd., Class A 800   2,599
Suzhou Maxwell Technologies Company Ltd., Class A 160   10,848
TBEA Company Ltd., Class A 4,200   12,684
Voltronic Power Technology Corp. 1,000   43,980
WEG S.A. 17,546   104,260
Zhejiang Chint Electrics Company Ltd., Class A 1,800   6,712
Zhuzhou CRRC Times Electric Company Ltd. H Shares 6,600   27,625
      3,528,968
Electronic Components - 0.2%
AUO Corp. 89,000   40,730
Avary Holding Shenzhen Company Ltd., Class A (b) 2,600   9,404
BOE Technology Group Company Ltd., Class A 36,100   16,517
Chaozhou Three-Circle Group Company Ltd., Class A 2,200   8,017
China Zhenhua Group Science & Technology Company Ltd., Class A 200   3,245
Delta Electronics Inc. 21,000   166,806
Delta Electronics Thailand PCL NVDR 3,400   58,588
E Ink Holdings Inc. 10,000   66,019
Guangzhou Shiyuan Electronic Technology Company Ltd, Class A 800   6,683
Hamamatsu Photonics KK (b) 2,700   115,716
Hirose Electric Company Ltd. (b) 574   75,269
Ibiden Company Ltd. (b) 2,200   60,139
Iljin Materials Company Ltd. 276   9,649
Innolux Corp. 106,000   34,528
Kingboard Holdings Ltd. 8,000   22,520
Kingboard Laminates Holdings Ltd. 13,549   12,139
Kyocera Corp. 6,100   307,278
L&F Company Ltd. (a) 253   30,766
 
See Notes to Schedule of Investments.
State Street Total Return V.I.S. Fund 73
State Street Total Return V.I.S. Fund
Schedule of Investments
September 30, 2022 (Unaudited)
  Number
of Shares 		  Fair
Value
Largan Precision Company Ltd. 1,000   $52,421
Lens Technology Company Ltd., Class A A Shares 4,960   6,400
LG Display Company Ltd. 2,381   19,732
LG Innotek Company Ltd. 159   29,969
Lingyi iTech Guangdong Co., Class A (a) 8,000   4,976
Luxshare Precision Industry Company Ltd., Class A 4,700   19,283
Maxscend Microelectronics Company Ltd., Class A (b) 128   1,579
Murata Manufacturing Company Ltd. 10,900   501,644
Nan Ya Printed Circuit Board Corp. 2,000   11,756
Omron Corp. 3,597   164,788
Samsung Electro-Mechanics Company Ltd. 637   49,147
Samsung SDI Company Ltd. 582   218,916
Shengyi Technology Company Ltd., Class A 1,400   2,565
Shennan Circuits Company Ltd., Class A 800   8,461
Sunny Optical Technology Group Company Ltd. 7,400   70,325
TDK Corp. 7,500   231,504
Unimicron Technology Corp. 13,000   47,589
Yageo Corp. 5,000   42,205
Zhen Ding Technology Holding Ltd. 7,665   25,415
      2,552,688
Electronic Equipment & Instruments - 0.2%
Azbil Corp. 2,200   57,342
Halma PLC 7,272   163,528
Hexagon AB, Class B B Shares 36,871   344,348
Keyence Corp. 3,700   1,222,946
Shimadzu Corp. 4,700   123,297
Westone Information Industry Inc., Class A 400   1,537
Wuhan Guide Infrared Company Ltd., Class A 3,500   5,688
Yokogawa Electric Corp. 3,900   61,435
Zhejiang Dahua Technology Company Ltd., Class A 2,800   5,033
      1,985,154
Electronic Manufacturing Services - 0.1%
AAC Technologies Holdings Inc. (a) 8,500   13,211
Fabrinet (a)(b) 1,245   118,835
Foxconn Industrial Internet Company Ltd., Class A 8,600   10,245
GoerTek Inc., Class A A Shares 2,448   9,056
Hon Hai Precision Industry Company Ltd. (b) 133,000   425,882
Venture Corporation Ltd. 4,800   54,593
Wingtech Technology Company Ltd., Class A A Shares 1,200   7,965
      639,787
Environmental & Facilities Services - 0.0% *
China Everbright Environment Group Ltd. 48,000   19,870
GFL Environmental Inc. 3,600   91,464
Li-Cycle Holdings Corp. (a)(b) 4,500   23,940
  Number
of Shares 		  Fair
Value
Rentokil Initial PLC 35,933   $190,419
      325,693
Fertilizers & Agricultural Chemicals - 0.1%
ICL Group Ltd (b) 14,547   116,888
Nutrien Ltd. 10,400   871,933
OCI N.V. 1,801   65,910
PhosArgo PJSC (c)** 1,969   —
PI Industries Ltd. 823   30,157
SABIC Agri-Nutrients Co. 2,190   90,972
Shandong Hualu Hengsheng Chemical Company Ltd., Class A 2,470   10,052
UPL Ltd. 5,822   47,758
Yara International ASA 3,369   118,140
      1,351,810
Financial Exchanges & Data - 0.2%
ASX Ltd. (b) 3,731   172,599
B3 S.A. - Brasil Bolsa Balcao (b) 65,500   158,033
Deutsche Boerse AG 3,591   588,420
East Money Information Company Ltd., Class A 6,824   16,787
Euronext N.V. (e) 1,752   110,832
Hithink RoyalFlush Information Network Company Ltd., Class A 500   5,409
Hong Kong Exchanges & Clearing Ltd. 22,700   775,916
Japan Exchange Group Inc. 10,000   135,136
London Stock Exchange Group PLC 6,218   524,985
Moscow Exchange MICEX-RTS PJSC (a)(c)** 17,461   —
Singapore Exchange Ltd. 15,036   98,735
TMX Group Ltd. 1,000   92,471
      2,679,323
Food Distributors - 0.0% *
Bid Corporation Ltd. (b) 3,492   54,174
The SPAR Group Ltd. 2,260   18,027
      72,201
Food Retail - 0.4%
Alimentation Couche-Tard Inc. 16,000   647,546
Avenue Supermarts Ltd. (a)(e) 1,692   90,520
BGF retail Company Ltd. 77   8,860
BIM Birlesik Magazalar A/S (b) 5,083   31,723
Coles Group Ltd. 25,516   270,387
CP ALL PCL NVDR 61,715   91,643
Dino Polska S.A. (a)(e) 643   39,088
Empire Company Ltd., Class A (b) 3,200   80,020
Endeavour Group Ltd. 27,018   122,049
George Weston Ltd. (b) 1,469   154,624
HelloFresh SE (a) 3,254   68,085
J Sainsbury PLC 29,664   57,434
Jeronimo Martins SGPS S.A. 5,372   100,004
Kesko Oyj, Class B (b) 5,626   104,921
Kobe Bussan Company Ltd. 2,600   62,543
Koninklijke Ahold Delhaize N.V. (b) 19,772   503,415
Loblaw Companies Ltd. (b) 3,219   256,246
Magnit PJSC (c)** 1,282   —
Metro Inc. (b) 4,676   235,391
Ocado Group PLC (a) 11,864   61,554
President Chain Store Corp. 7,000   62,110
 
See Notes to Schedule of Investments.
74 State Street Total Return V.I.S. Fund
State Street Total Return V.I.S. Fund
Schedule of Investments
September 30, 2022 (Unaudited)
  Number
of Shares 		  Fair
Value
Seven & I Holdings Company Ltd. 14,200   $570,355
Shoprite Holdings Ltd. 5,334   64,133
Tesco plc 144,480   331,518
Woolworths Group Ltd. 22,904   500,286
X5 Retail Group N.V. GDR (c)** 2,502   —
      4,514,455
Footwear - 0.0% *
Feng TAY Enterprise Company Ltd. 3,000   14,839
Pou Chen Corp. 14,000   12,514
Puma SE 2,126   98,309
Xtep International Holdings Ltd. 17,000   17,893
      143,555
Forest Products - 0.0% *
Chengxin Lithium Group Company Ltd., Class A 500   3,269
Svenska Cellulosa AB SCA, Class B B Shares 11,686   148,279
West Fraser Timber Company Ltd. 1,200   87,272
      238,820
Gas Utilities - 0.1%
Adani Total Gas Ltd. 2,847   116,094
AltaGas Ltd. 5,300   102,023
APA Group 22,904   141,654
Beijing Enterprises Holdings Ltd. 6,500   18,216
Brookfield Infrastructure Corp., Class A (b) 3,306   134,554
China Gas Holdings Ltd. 29,800   35,641
China Resources Gas Group Ltd. 8,800   27,901
Enagas S.A. (b) 4,899   75,800
ENN Energy Holdings Ltd. 7,900   105,329
GAIL India Ltd. (b) 27,546   29,275
Hong Kong & China Gas Company Ltd. (b) 218,650   192,592
Indraprastha Gas Ltd. 2,632   12,798
Kunlun Energy Company Ltd. 38,000   27,349
Naturgy Energy Group S.A. (b) 2,762   63,869
Osaka Gas Company Ltd. 7,700   116,073
Petronas Gas Bhd 9,649   34,210
Snam S.p.A. 39,853   161,017
Tokyo Gas Company Ltd. 7,900   133,347
      1,527,742
General Merchandise Stores - 0.1%
Canadian Tire Corporation Ltd., Class A (b) 1,100   117,721
Dollarama Inc. 5,400   311,648
Magazine Luiza S.A. (a) 37,124   30,749
Pan Pacific International Holdings Corp. 7,800   137,584
Wesfarmers Ltd. 21,418   588,557
      1,186,259
Gold - 0.2%
Agnico Eagle Mines Ltd. 8,688   369,005
Aneka Tambang Tbk 103,400   13,102
AngloGold Ashanti Ltd. 4,118   56,654
Barrick Gold Corp. 33,600   523,544
  Number
of Shares 		  Fair
Value
Cia de Minas Buenaventura S.A.A. ADR 2,400   $16,152
Dakota Gold Corp. (a)(b) 1,527   4,657
Evolution Mining Ltd. 31,097   40,778
Franco-Nevada Corp. (b) 3,624   435,181
Gold Fields Ltd. 8,837   71,781
Harmony Gold Mining Company Ltd. 6,492   15,411
Kinross Gold Corp. 24,500   92,719
Newcrest Mining Ltd. (b) 17,262   190,500
Northern Star Resources Ltd. 20,474   103,048
Novagold Resources Inc. (a) 8,199   38,453
Polymetal International PLC (c)** 1,670   —
Polyus PJSC GDR (c)** 977   —
Polyus PJSC (a)(c)** 122   —
Shandong Gold Mining Company Ltd., Class A 3,000   7,228
Shandong Gold Mining Company Ltd., Class H H Shares (e) 7,500   11,933
Wheaton Precious Metals Corp. 8,547   278,234
Zhaojin Mining Industry Company Ltd., Class A H Shares (a) 15,500   10,611
Zijin Mining Group Company Ltd., Class H 59,119   57,220
Zijin Mining Group Company Ltd., Class A A Shares 13,400   14,655
      2,350,866
Healthcare Distributors - 0.0% *
Amplifon S.p.A. 2,130   55,473
Celltrion Healthcare Company Ltd. 978   45,826
Huadong Medicine Company Ltd., Class A A Shares 1,700   9,541
Shanghai Pharmaceuticals Holding Company Ltd., Class H 9,000   12,411
Shanghai Pharmaceuticals Holding Company Ltd., Class A 4,200   9,708
Sinopharm Group Company Ltd., Class H H Shares 16,800   33,528
      166,487
Healthcare Equipment - 0.3%
BioMerieux 706   55,822
Carl Zeiss Meditec AG 789   81,923
Cochlear Ltd. (b) 1,268   158,320
Demant A/S (a) 1,542   38,103
DiaSorin S.p.A. 433   48,300
Fisher & Paykel Healthcare Corporation Ltd. 11,664   122,192
Getinge AB, Class B (b) 3,950   67,550
GN Store Nord AS 2,257   39,517
Jafron Biomedical Company Ltd., Class A A Shares 600   4,077
Jiangsu Yuyue Medical Equipment & Supply Company Ltd., Class A 2,100   8,468
Koninklijke Philips N.V. 16,862   259,510
Lepu Medical Technology Beijing Company Ltd., Class A 2,300   6,808
LivaNova PLC (a) 1,808   91,792
Medtronic PLC (b) 10,532   850,459
Microport Scientific Corp. (a) 4,807   8,192
Nano-X Imaging Ltd. (a) 1,405   16,115
 
See Notes to Schedule of Investments.
State Street Total Return V.I.S. Fund 75
State Street Total Return V.I.S. Fund
Schedule of Investments
September 30, 2022 (Unaudited)
  Number
of Shares 		  Fair
Value
Novocure Ltd. (a) 800   $60,784
Olympus Corp. 23,300   448,193
Shenzhen Mindray Bio-Medical Electronics Company Ltd., Class A 700   29,288
Siemens Healthineers AG (e) 5,417   232,270
Smith & Nephew PLC 16,819   194,094
Sonova Holding AG 1,033   227,889
Straumann Holding AG 2,149   197,037
Sysmex Corp. 3,300   176,321
Terumo Corp. 12,200   342,909
      3,765,933
Healthcare Facilities - 0.0% *
Aier Eye Hospital Group Company Ltd., Class A 5,909   23,710
Apollo Hospitals Enterprise Ltd. 1,276   68,270
Bangkok Dusit Medical Services PCL NVDR 103,111   80,382
Bumrungrad Hospital PCL NVDR 3,841   23,030
Dr Sulaiman Al Habib Medical Services Group Co. 677   37,271
Hygeia Healthcare Holdings Company Ltd. (a)(e) 3,200   17,900
IHH Healthcare Bhd 15,900   20,155
Mouwasat Medical Services Co. 688   36,066
Ramsay Health Care Ltd. 3,521   129,914
Rede D'Or Sao Luiz SA (e) 5,000   27,474
      464,172
Healthcare Services - 0.0% *
Fresenius Medical Care AG & Company KGaA 3,952   111,294
Fresenius SE & Company KGaA 8,070   171,944
Guangzhou Kingmed Diagnostics Group Company Ltd., Class A 500   4,422
Jinxin Fertility Group Ltd. (e) 16,500   8,027
Meinian Onehealth Healthcare Holdings Company Ltd., Class A (a) 4,500   2,690
Sonic Healthcare Ltd. 8,724   171,041
Topchoice Medical Corp., Class A (a) 300   5,358
      474,776
Healthcare Supplies - 0.2%
Alcon Inc. (b) 9,442   549,808
Asahi Intecc Company Ltd. 3,700   59,003
Coloplast A/S, Class B 2,265   230,076
EssilorLuxottica S.A. 5,426   737,216
Hartalega Holdings Bhd 12,000   4,279
Hoya Corp. 7,000   674,440
Intco Medical Technology Company Ltd., Class A 720   2,006
Ovctek China Inc., Class A 600   3,465
SD Biosensor Inc. 309   5,696
Shandong Weigao Group Medical Polymer Company Ltd., Class H 26,000   34,830
Top Glove Corporation Bhd 54,800   7,347
      2,308,166
Healthcare Technology - 0.0% *
Babylon Holdings Ltd., Class A (a) 2,813   1,329
  Number
of Shares 		  Fair
Value
M3 Inc. 8,400   $234,518
Winning Health Technology Group Company Ltd., Class A 4,200   4,138
      239,985
Heavy Electrical Equipment - 0.1%
Dongfang Electric Corporation Ltd., Class A 1,000   2,850
Doosan Enerbility Company Ltd. (a)(b) 4,535   44,548
Ming Yang Smart Energy Group Ltd., Class A 600   2,017
Mitsubishi Electric Corp. 36,600   331,124
NARI Technology Company Ltd., Class A A Shares 4,296   14,902
Shanghai Electric Group Company Ltd., Class A (a) 15,400   8,331
Siemens Energy AG (a) 7,699   84,737
Siemens Gamesa Renewable Energy S.A. (a) 4,040   70,408
Titan Wind Energy Suzhou Company Ltd., Class A 900   1,591
Vestas Wind Systems A/S 19,106   351,638
Xinjiang Goldwind Science & Technology Company Ltd., Class H H Shares 8,000   9,225
Xinjiang Goldwind Science & Technology Company Ltd., Class A 2,800   4,437
      925,808
Highways & Railtracks - 0.1%
Atlantia S.p.A. (b) 9,547   210,575
Bangkok Expressway & Metro PCL NVDR 80,283   19,530
CCR S.A. 12,900   29,884
Getlink SE 8,670   134,394
Jiangsu Expressway Company Ltd., Class H (b) 12,000   9,009
Promotora y Operadora de Infraestructura SAB de C.V. 1,150   7,844
Shenzhen International Holdings Ltd. 17,503   13,342
Taiwan High Speed Rail Corp. 18,000   16,122
Transurban Group 58,047   460,786
Zhejiang Expressway Company Ltd., Class H 16,000   10,872
      912,358
Home Building - 0.1%
Barratt Developments PLC 17,866   67,508
Berkeley Group Holdings PLC 2,190   79,995
Iida Group Holdings Company Ltd. 2,638   35,705
Open House Group Company Ltd. 1,400   47,292
Persimmon PLC 6,474   88,520
Sekisui Chemical Company Ltd. 6,400   78,289
Sekisui House Ltd. 11,658   193,063
Taylor Wimpey PLC 61,558   59,928
      650,300
Home Furnishing Retail - 0.0% *
Nitori Holdings Company Ltd. 1,600   134,258
Home Furnishings - 0.0% *
Nien Made Enterprise Company Ltd. 2,000   15,789
 
See Notes to Schedule of Investments.
76 State Street Total Return V.I.S. Fund
State Street Total Return V.I.S. Fund
Schedule of Investments
September 30, 2022 (Unaudited)
  Number
of Shares 		  Fair
Value
Oppein Home Group Inc., Class A 500   $7,939
      23,728
Home Improvement Retail - 0.0% *
Home Product Center PCL NVDR 73,209   26,066
Kingfisher PLC 35,877   87,313
      113,379
Hotels, Resorts & Cruise Lines - 0.1%
Accor S.A. (a) 2,875   60,165
Asset World Corp. PCL NVDR 34,533   5,290
H World Group Ltd. ADR 2,100   70,434
InterContinental Hotels Group PLC 3,473   167,228
Minor International PCL NVDR (a) 39,649   27,704
Shanghai Jinjiang International Hotels Company Ltd., Class A 900   7,255
Tongcheng Travel Holdings Ltd. (a) 11,200   21,856
Trip.com Group Ltd. ADR (a) 5,500   150,205
Whitbread PLC 3,941   99,876
      610,013
Household Appliances - 0.0% *
Beijing Roborock Technology Company Ltd., Class A A Shares 89   3,218
Coway Company Ltd. (b) 563   21,054
Ecovacs Robotics Company Ltd., Class A A Shares 400   3,722
Electrolux AB, Class B 3,884   40,369
Gree Electric Appliances Inc. of Zhuhai, Class A 1,100   4,994
Haier Smart Home Company Ltd., Class A A Shares 3,900   13,476
Haier Smart Home Company Ltd., Class H H Shares 23,800   72,421
SEB S.A. 414   26,030
      185,284
Household Products - 0.1%
Essity AB, Class B (b) 11,771   232,560
Henkel AG & Company KGaA (b) 2,146   121,571
Kimberly-Clark de Mexico SAB de C.V., Class A 17,800   23,822
Reckitt Benckiser Group PLC 13,644   904,141
Unicharm Corp. 7,800   255,851
Unilever Indonesia Tbk PT 102,200   32,327
Vinda International Holdings Ltd. 4,000   9,401
      1,579,673
Human Resource & Employment Services - 0.1%
Adecco Group AG 2,803   77,554
Persol Holdings Company Ltd. 3,100   57,339
Randstad N.V. 2,089   90,126
Recruit Holdings Company Ltd. 27,200   783,432
      1,008,451
Hypermarkets & Super Centers - 0.1%
Aeon Company Ltd. (b) 12,775   238,529
Atacadao S.A. 6,800   24,302
Berli Jucker PCL NVDR 12,600   10,875
  Number
of Shares 		  Fair
Value
Carrefour S.A. (b) 12,050   $167,054
Cencosud S.A. 16,738   21,404
E-MART Inc. (b) 218   12,673
Wal-Mart de Mexico SAB de C.V. 53,386   188,056
      662,893
Independent Power Producers & Energy Traders - 0.1%
ACEN Corp. 80,880   7,698
B Grimm Power PCL NVDR 8,800   7,834
CGN Power Company Ltd., Class H H Shares (e) 129,000   27,862
China National Nuclear Power Company Ltd., Class A 11,500   9,400
China Power International Development Ltd. 65,000   25,731
China Resources Power Holdings Company Ltd. 20,000   30,883
Electricity Generating PCL NVDR 866   3,780
GD Power Development Company Ltd., Class A (a) 200   114
Global Power Synergy PCL NVDR 5,698   9,582
Gulf Energy Development PCL NVDR 30,733   42,587
Huaneng Power International Inc., Class H (a) 32,000   13,876
Huaneng Power International Inc., Class A (a) 7,700   8,153
NTPC Ltd. 44,221   86,366
Ratch Group PCL NVDR 17,100   18,540
RWE AG 12,151   446,440
SDIC Power Holdings Company Ltd., Class A 7,400   11,123
Shenzhen Energy Group Company Ltd., Class A 5,900   4,633
Uniper SE 1,406   5,304
      759,906
Industrial Conglomerates - 0.3%
Aboitiz Equity Ventures Inc. (b) 24,250   22,146
Alfa SAB de C.V., Class A 36,800   23,463
Ayala Corp. (b) 3,560   37,197
Brookfield Business Corp., Class A (b) 873   19,293
China Baoan Group Company Ltd., Class A 1,200   1,881
CITIC Ltd. 69,000   65,007
CJ Corp. (b) 187   9,016
CK Hutchison Holdings Ltd. 51,500   283,563
DCC PLC 2,048   106,334
Far Eastern New Century Corp. 38,000   38,581
Fosun International Ltd. 31,000   19,157
Grupo Carso SAB de C.V., Class A 5,400   19,809
GS Holdings Corp. 445   12,883
GT Capital Holdings Inc. 1,070   7,571
HAP Seng Consolidated Bhd 11,200   14,761
Hitachi Ltd. 18,300   778,695
Industries Qatar QSC 16,400   75,707
Investment AB Latour, Class B B Shares 2,553   42,242
Jardine Matheson Holdings Ltd. (b) 3,000   151,674
JG Summit Holdings Inc. 38,530   27,547
Keppel Corporation Ltd. (b) 29,600   142,566
 
See Notes to Schedule of Investments.
State Street Total Return V.I.S. Fund 77
State Street Total Return V.I.S. Fund
Schedule of Investments
September 30, 2022 (Unaudited)
  Number
of Shares 		  Fair
Value
KOC Holding A/S (b) 13,536   $32,862
LG Corp. (b) 1,193   61,194
Lifco AB, Class B 3,975   55,146
Melrose Industries PLC 85,503   95,585
Samsung C&T Corp. 987   70,726
Siemens AG 14,583   1,424,802
Siemens Ltd. 862   29,200
Sime Darby Bhd 24,858   11,432
SK Inc. 454   60,279
SM Investments Corp. 3,050   37,565
Smiths Group PLC 6,828   113,708
The Bidvest Group Ltd. 4,369   47,778
Toshiba Corp. 7,500   267,162
Turkiye Sise ve Cam Fabrikalari AS 16,723   22,931
      4,229,463
Industrial Gases - 0.2%
Air Liquide S.A. (b) 9,973   1,139,439
Linde PLC (a)(b) 3,930   1,059,489
Nippon Sanso Holdings Corp. 3,400   53,738
      2,252,666
Industrial Machinery - 0.3%
Airtac International Group 1,364   31,207
Alfa Laval AB 5,209   129,169
Atlas Copco AB, A Shares 50,789   472,057
Atlas Copco AB, B Shares 29,787   246,908
Daifuku Company Ltd. 1,800   84,658
FANUC Corp. 3,600   505,439
GEA Group AG (b) 2,953   95,529
Haitian International Holdings Ltd. 9,655   18,270
Hoshizaki Corp. 1,800   50,198
Indutrade AB 4,781   77,549
Jiangsu Hengli Hydraulic Company Ltd., Class A 900   5,688
Kone Oyj, Class B B Shares 6,462   248,870
Kurita Water Industries Ltd. (b) 1,807   64,148
Luoyang Xinqianglian Slewing Bearing Company Ltd., Class A 170   2,090
Luxfer Holdings PLC 894   12,963
Makita Corp. (b) 4,400   85,375
MINEBEA MITSUMI Inc. (b) 6,400   94,671
MISUMI Group Inc. 5,500   118,416
Mitsubishi Heavy Industries Ltd. 6,100   202,860
NGK Insulators Ltd. (b) 4,600   57,249
North Industries Group Red Arrow Company Ltd., Class A 600   1,877
Pentair PLC 1,200   48,756
Rational AG 88   42,603
Sandvik AB 20,370   277,678
Schindler Holding AG 1,190   183,336
Shenzhen Inovance Technology Company Ltd., Class A 1,750   14,079
SKF AB, Class B B Shares 6,713   89,933
SMC Corp. 1,100   447,621
Spirax-Sarco Engineering PLC 1,402   161,128
Techtronic Industries Company Ltd. 26,500   252,858
VAT Group AG (e) 478   97,242
Wartsila Oyj Abp 8,073   51,549
  Number
of Shares 		  Fair
Value
Wuxi Shangji Automation Company Ltd., Class A 280   $5,261
Yaskawa Electric Corp. 4,700   135,243
      4,412,478
Industrial REITs - 0.1%
CapLand Ascendas REIT 68,000   126,963
GLP J-Reit 74   82,061
Goodman Group 31,830   323,359
Mapletree Logistics Trust 55,836   60,388
Nippon Prologis REIT Inc. 37   81,111
Segro PLC 23,043   192,224
Warehouses De Pauw CVA 2,928   71,884
      937,990
Insurance Brokers - 0.0% *
Willis Towers Watson PLC 924   185,669
Integrated Oil & Gas - 0.9%
BP PLC 366,785   1,752,247
Cenovus Energy Inc. (b) 26,423   408,061
China Petroleum & Chemical Corp., Class H 270,000   115,293
China Petroleum & Chemical Corp., Class A 19,100   11,494
Ecopetrol S.A. (b) 48,522   21,906
Eni S.p.A. 47,721   507,005
Equinor ASA (b) 18,460   608,298
Galp Energia SGPS S.A. 8,680   83,480
Gazprom PJSC ADR (a)(c)** 77,360   —
Gazprom PJSC (a)(c)** 56,590   —
Guanghui Energy Company Ltd., Class A 8,300   14,325
Imperial Oil Ltd. 4,600   200,230
LUKOIL PJSC (c)** 7,480   —
MOL Hungarian Oil & Gas PLC (b) 5,606   31,120
Novatek PJSC GDR (c)** 1,641   —
Oil & Natural Gas Corporation Ltd. 27,061   41,919
OMV AG 3,054   110,489
PetroChina Company Ltd., Class H 222,000   90,748
PetroChina Company Ltd., Class A 11,100   8,005
Petroleo Brasileiro S.A. 39,800   243,413
Polskie Gornictwo Naftowe i Gazownictwo S.A. (a) 21,589   21,227
PTT PCL NVDR 105,641   95,000
Repsol S.A. 27,888   320,309
Rosneft Oil Co. PJSC (c)** 20,586   —
Saudi Arabian Oil Co. (e) 26,109   248,557
Shell PLC 141,638   3,512,957
Suncor Energy Inc. 27,400   775,707
Surgutneftegas PJSC ADR (a)(c)** 9,978   —
Surgutneftegas PJSC (c)** 31,000   —
TotalEnergies SE 47,231   2,214,916
      11,436,706
Integrated Telecommunication Services - 0.4%
BCE Inc. 1,247   52,565
BT Group PLC 133,972   180,058
Cellnex Telecom S.A. (e) 10,291   317,312
China Tower Corp Ltd., Class H H Shares (e) 460,000   49,146
Chunghwa Telecom Company Ltd. 39,071   139,840
 
See Notes to Schedule of Investments.
78 State Street Total Return V.I.S. Fund
State Street Total Return V.I.S. Fund
Schedule of Investments
September 30, 2022 (Unaudited)
  Number
of Shares 		  Fair
Value
Deutsche Telekom AG 61,818   $1,051,815
Elisa Oyj (b) 2,806   127,085
Emirates Telecommunications Group Co. PJSC 37,615   239,084
Hellenic Telecommunications Organization S.A. (b) 3,106   45,083
HKT Trust & HKT Ltd. 73,815   86,450
Indus Towers Ltd. 6,486   15,657
Infrastrutture Wireless Italiane S.p.A. (e) 5,760   50,233
Koninklijke KPN N.V. 63,568   171,968
LG Uplus Corp. (b) 1,535   11,478
Nippon Telegraph & Telephone Corp. 22,609   609,754
Ooredoo QPSC 1,718   4,187
Operadora De Sites Mexicanos SAB de CV 10,200   8,492
Orange Polska S.A. 10,421   10,866
Orange S.A. 37,809   341,825
Proximus SADP 2,160   22,386
Sarana Menara Nusantara Tbk PT 268,300   21,690
Saudi Telecom Co. 15,462   160,965
Singapore Telecommunications Ltd. 155,600   287,389
Sitios Latinoamerica SAB de CV (a) 14,790   6,613
Spark New Zealand Ltd. 35,266   99,723
Swisscom AG 495   232,356
Telecom Italia S.p.A. (a) 204,353   37,783
Telefonica Brasil S.A. 4,887   36,584
Telefonica Deutschland Holding AG 17,916   36,208
Telefonica S.A. 101,673   335,985
Telekom Malaysia Bhd 11,900   13,999
Telenor ASA 13,479   123,262
Telia Co AB 51,609   148,640
Telkom Indonesia Persero Tbk PT 559,000   162,918
Telstra Corporation Ltd. 79,658   197,709
TELUS Corp. 8,816   175,993
Tower Bersama Infrastructure Tbk PT 19,300   3,576
True Corp PCL NVDR 122,700   16,372
United Internet AG 1,978   36,961
      5,670,010
Interactive Home Entertainment - 0.2%
37 Interactive Entertainment Network Technology Group Co Ltd., Class A A Shares 3,000   7,301
Bilibili Inc., Class Z (a) 2,200   33,788
Capcom Company Ltd. 3,500   88,112
CD Projekt S.A. 697   14,008
Embracer Group AB (a) 13,113   77,724
Kakao Games Corp. (a) 347   10,182
Kingsoft Corporation Ltd. 9,800   25,929
Koei Tecmo Holdings Company Ltd. 2,380   39,173
Konami Group Corp. (b) 1,600   74,076
Krafton Inc. (a) 266   38,563
Kunlun Tech Co Ltd., Class A A Shares (b) 2,800   4,845
NCSoft Corp. 200   47,839
NetEase Inc. 22,070   333,013
Netmarble Corp. (e) 299   10,600
Nexon Company Ltd. (b) 9,600   169,593
Nintendo Company Ltd. 21,000   846,932
  Number
of Shares 		  Fair
Value
Pearl Abyss Corp. (a) 358   $11,524
Perfect World Company Ltd., Class A A Shares 3,300   5,724
Playtika Holding Corp. (a) 1,200   11,268
Sea Ltd. ADR (a) 6,800   381,140
Square Enix Holdings Company Ltd. 1,500   64,645
UbiSoft Entertainment S.A. (a) 1,594   43,789
Zhejiang Century Huatong Group Company Ltd., Class A (a) 8,600   4,489
      2,344,257
Interactive Media & Services - 0.3%
Adevinta ASA (a) 5,123   30,497
Auto Trader Group PLC (e) 18,327   103,910
Autohome Inc. ADR 800   23,008
Baidu Inc., Class A (a) 23,800   350,353
Info Edge India Ltd. 633   29,751
JOYY Inc. ADR 400   10,400
Kakaku.com Inc. 2,700   45,750
Kakao Corp. 3,136   123,400
Kanzhun Ltd. ADR (a) 1,600   27,008
Kuaishou Technology (a)(e) 18,100   116,092
NAVER Corp. 1,325   176,511
REA Group Ltd. 901   65,919
Scout24 SE (e) 1,574   78,842
Seek Ltd. 6,603   80,665
Tencent Holdings Ltd. 66,675   2,251,964
VK Co Ltd. GDR (a)(c)** 1,600   —
Weibo Corp. ADR (a) 700   11,970
Yandex N.V., Class A A Shares (a)(c)** 4,697   —
Yandex NV, Class A (a)(c)** 865   —
Z Holdings Corp. 52,496   139,135
      3,665,175
Internet & Direct Marketing Retail - 0.4%
Alibaba Group Holding Ltd. (a) 161,800   1,614,605
Alibaba Health Information Technology Ltd. (a)(b) 42,000   19,131
Allegro.eu S.A. (a)(e) 3,775   16,298
Americanas S.A. 7,268   22,816
Delivery Hero SE (a)(e) 3,165   115,561
JD Health International Inc. (a)(e) 11,600   66,076
JD.com Inc., Class A 21,826   550,613
Just Eat Takeaway.com N.V. (a)(e) 3,133   48,578
Meituan, Class B (a)(e) 45,100   947,811
Naspers Ltd., Class N (b) 2,246   280,533
Ozon Holdings PLC ADR (a)(c)** 1,300   —
Pinduoduo Inc. ADR (a) 5,157   322,725
Ping An Healthcare & Technology Company Ltd. (a)(e) 3,500   6,582
Prosus N.V. (a) 15,645   813,624
Rakuten Group Inc. 14,800   63,330
Vipshop Holdings Ltd. ADR (a) 4,634   38,972
Zalando SE (a)(e) 3,924   76,616
Zomato Ltd. (a) 16,846   12,748
ZOZO Inc. 2,500   50,039
      5,066,658
Internet Services & Infrastructure - 0.1%
GDS Holdings Ltd., Class A (a) 8,800   19,361
Shopify Inc., Class A (a) 21,512   582,243
 
See Notes to Schedule of Investments.
State Street Total Return V.I.S. Fund 79
State Street Total Return V.I.S. Fund
Schedule of Investments
September 30, 2022 (Unaudited)
  Number
of Shares 		  Fair
Value
Tucows Inc., Class A (a) 330   $12,345
Wix.com Ltd. (a) 1,300   101,699
      715,648
Investment Banking & Brokerage - 0.1%
China Galaxy Securities Company Ltd., Class H H Shares 33,000   15,203
China Galaxy Securities Company Ltd., Class A 2,700   3,394
China International Capital Corporation Ltd., Class H H Shares (e) 18,000   25,959
China International Capital Corporation Ltd., Class A A Shares 1,200   5,757
China Merchants Securities Company Ltd., Class A 3,400   5,864
CITIC Securities Company Ltd., Class H H Shares 23,425   39,651
CITIC Securities Company Ltd., Class A 6,590   16,046
CSC Financial Company Ltd., Class A A Shares 4,000   12,920
Daiwa Securities Group Inc. 25,800   101,252
Everbright Securities Company Ltd., Class A 3,600   6,613
Founder Securities Company Ltd., Class A A Shares 7,100   6,508
Futu Holdings Ltd. ADR (a) 1,000   37,290
GF Securities Company Ltd., Class H H Shares 14,200   15,410
GF Securities Company Ltd., Class A 3,200   6,381
Guosen Securities Company Ltd., Class A 6,800   8,183
Guotai Junan Securities Company Ltd., Class A 4,100   7,831
Haitong Securities Company Ltd., Class H H Shares 30,400   16,075
Haitong Securities Company Ltd., Class A A Shares 4,400   5,327
Huatai Securities Company Ltd, Class H H Shares (b)(e) 20,000   21,933
Huatai Securities Company Ltd., Class A A Shares 4,600   7,783
Industrial Securities Company Ltd., Class A (a) 7,500   5,709
Korea Investment Holdings Company Ltd. 530   17,415
Meritz Securities Company Ltd. 3,355   8,535
NH Investment & Securities Company Ltd. (b) 1,321   8,246
Nomura Holdings Inc. 56,500   187,158
Orient Securities Company Ltd., Class A 8,192   8,790
Samsung Securities Company Ltd. 735   15,646
SBI Holdings Inc. 4,800   86,127
Shenwan Hongyuan Group Company Ltd., Class A 26,200   14,148
SooChow Securities Company Ltd., Class A 2,100   1,807
Zheshang Securities Company Ltd., Class A A Shares 4,800   6,342
Zhongtai Securities Company Ltd., Class A 7,200   6,636
      731,939
IT Consulting & Other Services - 0.4%
Accenture PLC, Class A (b) 5,057   1,301,166
  Number
of Shares 		  Fair
Value
Bechtle AG 1,405   $50,487
Capgemini SE 3,096   495,468
CGI Inc. (a) 4,200   317,862
Chinasoft International Ltd. 28,000   17,103
Fujitsu Ltd. 3,700   405,670
Globant S.A. (a) 300   56,124
HCL Technologies Ltd. 10,442   118,591
Infosys Ltd. 35,963   616,488
Itochu Techno-Solutions Corp. (b) 1,932   45,284
Larsen & Toubro Infotech Ltd. (e) 478   25,894
Mindtree Ltd. 554   21,227
Mphasis Ltd. 738   18,714
NEC Corp. (b) 4,840   154,962
Nomura Research Institute Ltd. 6,560   160,200
NTT Data Corp. 12,200   157,572
Obic Company Ltd. 1,300   174,304
Otsuka Corp. 1,900   59,250
Samsung SDS Company Ltd. 308   24,529
SCSK Corp. 3,200   48,441
Tata Consultancy Services Ltd. 9,225   338,086
Tech Mahindra Ltd. 5,679   69,707
TIS Inc. 4,000   106,188
Wipro Ltd. 13,332   63,972
      4,847,289
Leisure Facilities - 0.0% *
Oriental Land Company Ltd. 3,800   515,336
Shenzhen Overseas Chinese Town Company Ltd., Class A 7,300   4,923
Songcheng Performance Development Company Ltd., Class A A Shares 2,387   4,005
      524,264
Leisure Products - 0.1%
Bandai Namco Holdings Inc. 3,800   247,614
BRP Inc. 700   43,348
Giant Manufacturing Company Ltd. 2,000   12,876
HLB Inc. (a) 1,129   33,401
Shimano Inc. 1,400   219,028
Yamaha Corp. 2,800   99,486
      655,753
Life & Health Insurance - 0.5%
Aegon N.V. (b) 36,869   146,494
AIA Group Ltd. 229,400   1,909,901
Bupa Arabia for Cooperative Insurance Co. 563   25,083
Cathay Financial Holding Company Ltd. (b) 80,000   100,267
China Development Financial Holding Corp. 163,120   61,341
China Life Insurance Company Ltd., Class H 79,000   101,072
China Life Insurance Company Ltd., Class A 1,200   5,308
China Taiping Insurance Holdings Company Ltd. 15,000   12,573
Dai-ichi Life Holdings Inc. 19,300   306,844
Discovery Ltd. (a)(b) 5,021   29,192
Fubon Financial Holding Company Ltd. 75,982   118,822
Great-West Lifeco Inc. (b) 5,681   123,291
 
See Notes to Schedule of Investments.
80 State Street Total Return V.I.S. Fund
State Street Total Return V.I.S. Fund
Schedule of Investments
September 30, 2022 (Unaudited)
  Number
of Shares 		  Fair
Value
HDFC Life Insurance Company Ltd. (e) 9,848   $63,874
iA Financial Corporation Inc. (b) 1,898   96,955
ICICI Prudential Life Insurance Company Ltd. (e) 4,451   28,575
Japan Post Holdings Company Ltd. 46,900   310,690
Japan Post Insurance Company Ltd. 4,000   56,019
Legal & General Group PLC 113,417   270,663
Manulife Financial Corp. 36,700   579,059
Medibank Private Ltd. 53,606   120,436
New China Life Insurance Company Ltd., Class H H Shares 7,800   14,854
New China Life Insurance Company Ltd., Class A 1,600   6,025
NN Group N.V. 5,614   218,261
Old Mutual Ltd. 46,818   25,338
Phoenix Group Holdings PLC 13,110   76,334
Ping An Insurance Group Company of China Ltd., Class H H Shares 67,500   336,733
Ping An Insurance Group Company of China Ltd., Class A 7,400   42,975
Poste Italiane S.p.A. (e) 10,295   77,747
Power Corporation of Canada 10,680   241,962
Prudential PLC 51,915   508,011
Samsung Life Insurance Company Ltd. 631   27,331
Sanlam Ltd. 16,696   47,560
SBI Life Insurance Company Ltd. (e) 4,902   74,916
Shin Kong Financial Holding Company Ltd. 123,263   31,727
Sun Life Financial Inc. 11,090   443,342
Swiss Life Holding AG 602   266,632
T&D Holdings Inc. 10,000   95,041
      7,001,248
Life Sciences Tools & Services - 0.1%
AbCellera Biologics Inc. (a)(b) 6,952   68,755
Bachem Holding AG 668   42,117
Divi's Laboratories Ltd. 1,372   62,117
Eurofins Scientific SE 2,624   155,708
Genscript Biotech Corp. (a) 12,000   25,976
Hangzhou Tigermed Consulting Company Ltd., Class A 500   6,367
Hangzhou Tigermed Consulting Company Ltd., Class H H Shares (e) 1,500   12,059
Joinn Laboratories China Company Ltd., Class A 784   6,179
Lonza Group AG (b) 1,406   686,273
Pharmaron Beijing Company Ltd., Class H H Shares (e) 1,950   9,433
Pharmaron Beijing Company Ltd., Class A A Shares 450   3,402
QIAGEN N.V. (a) 6,150   255,418
Samsung Biologics Company Ltd. (a)(e) 187   104,677
Sartorius Stedim Biotech 544   166,797
WuXi AppTec Company Ltd., Class H H Shares (e) 3,708   29,614
WuXi AppTec Company Ltd., Class A A Shares 1,420   14,169
  Number
of Shares 		  Fair
Value
Wuxi Biologics Cayman Inc. (a)(e) 38,500   $229,177
      1,878,238
Managed Healthcare - 0.0% *
Hapvida Participacoes e Investimentos S.A. (e) 53,925   75,471
Marine - 0.1%
AP Moller - Maersk A/S, Class B 101   183,458
AP Moller - Maersk A/S, Class A (b) 63   111,256
COSCO SHIPPING Holdings Company Ltd., Class H H Shares 33,682   39,177
COSCO SHIPPING Holdings Company Ltd., Class A 8,910   13,664
Costamare Inc. 1,813   16,226
Evergreen Marine Corporation Taiwan Ltd. 10,400   47,418
Golden Ocean Group Ltd. (a) 4,224   31,553
HMM Company Ltd. 2,865   36,581
Kuehne + Nagel International AG 1,038   211,896
MISC Bhd 19,075   27,743
Mitsui OSK Lines Ltd. (b) 6,800   121,657
Nippon Yusen KK 9,300   157,840
Orient Overseas International Ltd. 1,500   26,104
Pan Ocean Company Ltd. 2,635   8,212
Safe Bulkers Inc. 2,255   5,570
SITC International Holdings Company Ltd. 23,000   42,179
Wan Hai Lines Ltd. 6,670   13,914
Yang Ming Marine Transport Corp. 18,000   34,582
ZIM Integrated Shipping Services Ltd. 1,400   32,900
      1,161,930
Marine Ports & Services - 0.0% *
Adani Ports & Special Economic Zone Ltd. 5,450   54,602
China Merchants Port Holdings Company Ltd. (b) 13,084   16,433
COSCO SHIPPING Ports Ltd. (b) 18,958   11,932
International Container Terminal Services Inc. (b) 11,170   29,789
Shanghai International Port Group Company Ltd., Class A 3,100   2,412
      115,168
Metal & Glass Containers - 0.0% *
CCL Industries Inc., Class B (b) 2,700   131,576
Motorcycle Manufacturers - 0.0% *
Bajaj Auto Ltd. 716   30,893
Eicher Motors Ltd. 1,613   72,262
Hero MotoCorp Ltd. 1,233   38,377
Yadea Group Holdings Ltd. (e) 14,000   22,375
Yamaha Motor Company Ltd. 5,800   108,657
      272,564
Movies & Entertainment - 0.1%
Alibaba Pictures Group Ltd. (a) 100,000   5,126
 
See Notes to Schedule of Investments.
State Street Total Return V.I.S. Fund 81
State Street Total Return V.I.S. Fund
Schedule of Investments
September 30, 2022 (Unaudited)
  Number
of Shares 		  Fair
Value
Beijing Enlight Media Company Ltd., Class A 5,600   $5,564
Bollore SE 14,990   68,747
China Ruyi Holdings Ltd. (a) 40,000   8,488
CJ ENM Company Ltd. 130   6,842
HYBE Company Ltd. (a) 214   19,888
IMAX Corp. (a)(b) 1,669   23,566
iQIYI Inc. ADR (a) 4,000   10,840
Mango Excellent Media Company Ltd., Class A 1,600   5,575
Spotify Technology S.A. (a) 1,095   94,499
Tencent Music Entertainment Group ADR (a) 8,400   34,104
Toho Company Ltd. 1,900   69,082
Universal Music Group N.V. 13,999   262,095
      614,416
Multi-Line Insurance - 0.4%
Ageas SA 2,862   104,339
Allianz SE 7,789   1,226,533
Assicurazioni Generali S.p.A. (b) 21,342   291,292
Aviva PLC 53,903   231,129
AXA S.A. 36,554   797,754
Baloise Holding AG 916   117,333
BB Seguridade Participacoes S.A. 6,203   30,471
China Pacific Insurance Group Company Ltd., Class H H Shares 27,089   49,744
China Pacific Insurance Group Company Ltd., Class A 4,400   12,501
Gjensidige Forsikring ASA 3,412   58,500
Powszechny Zaklad Ubezpieczen S.A. 7,748   36,078
Sampo Oyj, Class A 9,279   395,974
ZhongAn Online P&C Insurance Company Ltd., Class H H Shares (a)(e) 5,600   12,481
Zurich Insurance Group AG 2,869   1,146,575
      4,510,704
Multi-Sector Holdings - 0.1%
Eurazeo S.E. 753   39,277
EXOR N.V. (a)(b) 2,196   140,868
Groupe Bruxelles Lambert N.V. 1,804   126,111
Industrivarden AB, Class A A Shares 2,246   45,241
Industrivarden AB, Class C C Shares 2,603   51,916
Investor AB, Class B B Shares 34,435   502,455
Investor AB, Class A A Shares 9,383   143,783
Kinnevik AB, Class B (a) 4,123   54,036
L E Lundbergforetagen AB, Class B 1,306   47,148
Metro Pacific Investments Corp. (b) 108,000   6,132
Remgro Ltd. 4,910   36,267
Sofina S.A. 265   45,717
Wendel SE 407   29,119
      1,268,070
Multi-Utilities - 0.2%
Algonquin Power & Utilities Corp. 12,999   142,757
Canadian Utilities Ltd., Class A (b) 2,200   57,528
E.ON SE (b) 42,922   329,625
  Number
of Shares 		  Fair
Value
Engie S.A. 34,580   $397,849
National Grid PLC (b) 68,762   707,684
Qatar Electricity & Water Co. QSC 5,078   24,430
Veolia Environnement S.A. 12,696   242,549
      1,902,422
Office REITs - 0.0% *
City Office REIT Inc. (b) 1,433   14,287
Covivio (b) 743   35,778
Dexus (b) 21,834   109,175
Gecina S.A. (b) 777   60,830
Japan Real Estate Investment Corp. 23   94,874
Nippon Building Fund Inc. 30   132,001
      446,945
Office Services & Supplies - 0.0% *
Shanghai M&G Stationery Inc., Class A 1,000   6,316
Oil & Gas Drilling - 0.0% *
Borr Drilling Ltd. (a) 6,584   21,859
China Oilfield Services Ltd., Class H 18,000   17,825
Noble Corp. PLC (a) 2,494   73,773
      113,457
Oil & Gas Equipment & Services - 0.0% *
Dialog Group Bhd 38,500   16,458
Offshore Oil Engineering Company Ltd., Class A 14,500   9,052
Tenaris S.A. 9,838   127,242
Yantai Jereh Oilfield Services Group Company Ltd., Class A 500   2,288
      155,040
Oil & Gas Exploration & Production - 0.2%
Aker BP ASA 6,314   181,095
ARC Resources Ltd. 13,400   161,789
Canadian Natural Resources Ltd. 22,200   1,038,870
Inpex Corp. 20,300   189,320
Petro Rio S.A. (a) 7,200   36,647
PTT Exploration & Production PCL NVDR 14,699   62,680
Santos Ltd. 61,722   286,598
Tatneft PJSC ADR (c)** 3,383   —
Tatneft PJSC (c)** 4,926   —
Tourmaline Oil Corp. 6,000   313,482
Woodside Energy Group Ltd. 36,258   744,628
      3,015,109
Oil & Gas Refining & Marketing - 0.2%
Ampol Ltd. (b) 4,490   83,479
Bharat Petroleum Corporation Ltd. 8,844   32,929
Cosan S.A. 14,636   47,029
Empresas Copec SA 4,726   30,594
ENEOS Holdings Inc. (b) 59,200   190,909
Formosa Petrochemical Corp. 14,000   36,387
HD Hyundai Co Ltd. (b) 485   18,180
Hindustan Petroleum Corporation Ltd. 6,187   16,346
Idemitsu Kosan Company Ltd. (b) 3,900   84,751
Indian Oil Corporation Ltd. 36,307   29,695
 
See Notes to Schedule of Investments.
82 State Street Total Return V.I.S. Fund
State Street Total Return V.I.S. Fund
Schedule of Investments
September 30, 2022 (Unaudited)
  Number
of Shares 		  Fair
Value
Neste Oyj (b) 8,016   $349,271
Parkland Corp. 2,607   56,160
Petronas Dagangan Bhd 3,100   13,384
Polski Koncern Naftowy ORLEN S.A. 3,143   33,862
Qatar Fuel QSC 3,749   19,281
Rabigh Refining & Petrochemical Co. (a) 5,905   21,557
Reliance Industries Ltd. 32,437   941,389
SK Innovation Company Ltd. (a) 587   58,170
S-Oil Corp. 483   27,322
Thai Oil PCL NVDR 16,166   21,913
Turkiye Petrol Rafinerileri A/S (a) 1,432   22,229
      2,134,837
Oil & Gas Storage & Transportation - 0.2%
Ardmore Shipping Corp. (a) 1,084   9,897
China Suntien Green Energy Corporation Ltd., Class H H Shares 18,000   6,566
DHT Holdings Inc. 4,783   36,159
Enbridge Inc. (b) 38,600   1,438,879
FLEX LNG Ltd. (a) 970   30,720
Frontline Ltd. 4,270   46,671
Golar LNG Ltd. (a)(b) 3,393   84,554
Keyera Corp. 4,300   89,001
Nordic American Tankers Ltd. 6,238   16,655
Pembina Pipeline Corp. 10,400   317,590
Petronet LNG Ltd. 9,652   23,600
Qatar Gas Transport Company Ltd. 29,180   32,732
Scorpio Tankers Inc. 1,646   69,198
SFL Corporation Ltd. 3,938   35,875
TC Energy Corp. 18,500   749,128
Teekay Corp. (a) 2,112   7,582
Teekay Tankers Ltd., Class A (a) 751   20,683
Ultrapar Participacoes S.A. 6,400   13,879
      3,029,369
Other Diversified Financial Services - 0.1%
Bajaj Finserv Ltd. 4,420   90,374
FirstRand Ltd. 51,757   174,004
Housing Development Finance Corporation Ltd. 17,679   493,236
M&G PLC (b) 45,753   84,263
Meritz Financial Group Inc. 601   8,670
ORIX Corp. 22,900   320,774
Yuanta Financial Holding Company Ltd. 111,240   68,219
      1,239,540
Packaged Foods & Meats - 0.8%
Ajinomoto Company Inc. (b) 9,000   245,956
Almarai Co. JSC 3,125   43,973
Angel Yeast Company Ltd., Class A A Shares 1,600   9,302
Associated British Foods PLC 7,242   101,167
Barry Callebaut AG 70   132,279
BRF S.A. (a) 6,804   16,202
Britannia Industries Ltd. 1,285   60,467
Charoen Pokphand Foods PCL NVDR 26,869   17,802
China Feihe Ltd. (e) 36,568   25,532
China Huishan Dairy Holdings Company Ltd. (c)** 55,000   —
  Number
of Shares 		  Fair
Value
China Mengniu Dairy Company Ltd. 34,000   $134,401
Chocoladefabriken Lindt & Spruengli AG 23   403,124
CJ CheilJedang Corp. (b) 103   29,386
Dali Foods Group Company Ltd. (e) 17,117   7,371
Danone S.A. (b) 12,341   583,309
Foshan Haitian Flavouring & Food Company Ltd., Class A 2,904   33,645
Gruma SAB de CV, Class B 2,545   24,415
Grupo Bimbo SAB de CV, Class A 14,381   50,758
Guangdong Haid Group Company Ltd., Class A 1,800   15,196
Henan Shuanghui Investment & Development Company Ltd., Class A 3,185   10,913
Indofood CBP Sukses Makmur Tbk PT (b) 27,600   15,670
Indofood Sukses Makmur Tbk PT (b) 30,136   11,907
Inner Mongolia Yili Industrial Group Company Ltd., Class A 4,000   18,461
JBS S.A. 9,100   42,263
JDE Peet's N.V. 1,953   57,079
Kerry Group PLC, Class A 3,063   272,901
Kikkoman Corp. (b) 2,900   164,387
Marico Ltd. 6,935   45,654
MEIJI Holdings Company Ltd. 2,000   88,772
Monde Nissin Corp. (e) 81,900   16,982
Mowi ASA (b) 8,182   103,988
Muyuan Foods Company Ltd., Class A A Shares 3,920   29,937
Nestle India Ltd. 326   76,462
Nestle Malaysia Bhd 339   9,541
Nestle S.A. 53,585   5,810,036
Nisshin Seifun Group Inc. 3,000   30,298
Nissin Foods Holdings Company Ltd. 1,100   76,453
Orion Corp. 335   23,957
Orkla ASA 14,644   106,366
PPB Group Bhd 8,587   29,815
QL Resources Bhd 12,588   13,519
Salmar ASA 1,003   33,780
Saputo Inc. 4,900   117,432
Tata Consumer Products Ltd. 6,886   67,697
Thai Union Group PCL NVDR 28,434   14,063
The Savola Group 3,575   26,764
Tingyi Cayman Islands Holding Corp. 24,000   41,329
Uni-President China Holdings Ltd. 12,000   10,055
Uni-President Enterprises Corp. 59,000   124,773
Universal Robina Corp. 12,120   23,522
Want Want China Holdings Ltd. 53,000   34,611
Wens Foodstuffs Group Company Ltd., Class A (a) 3,400   9,766
WH Group Ltd. (e) 145,666   91,612
Yakult Honsha Company Ltd. 2,500   145,147
Yihai International Holding Ltd. (a) 7,364   15,507
Yihai Kerry Arawana Holdings Company Ltd., Class A 1,000   6,041
      9,751,745
 
See Notes to Schedule of Investments.
State Street Total Return V.I.S. Fund 83
State Street Total Return V.I.S. Fund
Schedule of Investments
September 30, 2022 (Unaudited)
  Number
of Shares 		  Fair
Value
Paper Packaging - 0.0% *
Amcor PLC (b) 12,500   $134,125
Klabin S.A. 5,700   19,127
SCG Packaging PCL NVDR 14,842   20,364
Smurfit Kappa Group PLC 4,798   137,163
      310,779
Paper Products - 0.1%
Empresas CMPC S.A. 11,722   18,026
Holmen AB, Class B 1,597   60,602
Indah Kiat Pulp & Paper Tbk PT 24,700   14,593
Mondi PLC (b) 9,387   144,175
Nine Dragons Paper Holdings Ltd. 14,310   8,878
Oji Holdings Corp. 13,500   50,089
Resolute Forest Products Inc. (a) 1,571   31,420
Stora Enso Oyj, Class R 11,088   140,798
Suzano SA 7,800   64,173
UPM-Kymmene Oyj 10,180   322,924
      855,678
Personal Products - 0.4%
Amorepacific Corp. (b) 276   19,461
AMOREPACIFIC Group (b) 158   2,936
Beiersdorf AG 1,932   189,765
By-health Company Ltd., Class A 2,900   7,148
Colgate-Palmolive India Ltd. 449   8,971
Dabur India Ltd. 6,264   43,897
Godrej Consumer Products Ltd. (a) 4,487   49,969
Haleon PLC (a) 97,402   303,628
Hengan International Group Company Ltd. 5,980   26,735
Hindustan Unilever Ltd. 8,432   278,081
Kao Corp. (b) 9,000   366,175
Kobayashi Pharmaceutical Company Ltd. 900   52,737
Kose Corp. (b) 600   61,856
LG Household & Health Care Ltd. 90   39,449
L'Oreal S.A. 4,600   1,470,212
Natura & Co. Holding S.A. 8,400   22,876
Proya Cosmetics Company Ltd., Class A 280   6,387
Shiseido Company Ltd. 7,700   269,836
Unilever PLC 48,618   2,135,788
      5,355,907
Pharmaceuticals - 1.8%
Aspen Pharmacare Holdings Ltd. 4,082   30,383
Astellas Pharma Inc. 35,200   466,256
AstraZeneca PLC 29,505   3,242,740
Asymchem Laboratories Tianjin Company Ltd., Class A A Shares 232   4,486
Aurobindo Pharma Ltd. 3,446   21,512
Bayer AG 18,531   853,458
Betta Pharmaceuticals Company Ltd., Class A 600   3,758
CanSino Biologics Inc., Class H H Shares (e) 1,145   6,443
CanSino Biologics Inc., Class A A Shares 114   1,925
Celltrion Pharm Inc. (a) 216   9,561
  Number
of Shares 		  Fair
Value
Changchun High & New Technology Industry Group Inc., Class A 300   $7,147
China Medical System Holdings Ltd. 10,000   11,912
China Traditional Chinese Medicine Holdings Company Ltd. 30,000   10,436
Chugai Pharmaceutical Company Ltd. (b) 12,700   317,252
Cipla Ltd. (b) 5,279   71,971
CSPC Pharmaceutical Group Ltd. 90,000   89,203
Daiichi Sankyo Company Ltd. (b) 33,100   925,077
Dong-E-E-Jiao Company Ltd., Class A A Shares 1,800   8,148
Dr Reddy's Laboratories Ltd. 1,264   66,907
Eisai Company Ltd. (b) 4,900   262,902
GSK PLC 77,572   1,120,098
Guangzhou Baiyunshan Pharmaceutical Holdings Company Ltd., Class A 900   3,265
Hanmi Pharm Company Ltd. 83   13,178
Hansoh Pharmaceutical Group Company Ltd. (e) 12,000   18,943
Hikma Pharmaceuticals PLC 2,982   44,938
Humanwell Healthcare Group Company Ltd., Class A 2,200   5,391
HUTCHMED China Ltd. ADR (a) 800   7,088
Hypera S.A. 5,300   43,360
Ipsen S.A. 646   59,763
Jazz Pharmaceuticals PLC (a)(b) 400   53,316
Jiangsu Hengrui Medicine Company Ltd., Class A 4,620   22,649
Kalbe Farma Tbk PT (b) 246,000   29,506
Kyowa Kirin Co Ltd. (b) 5,300   121,846
Lupin Ltd. (b) 2,072   17,243
Merck KGaA 2,447   395,960
Nanjing King-Friend Biochemical Pharmaceutical Company Ltd., Class A 520   1,209
Nippon Shinyaku Company Ltd. 800   40,813
Novartis AG 41,238   3,151,684
Novo Nordisk A/S, Class B B Shares 31,696   3,156,071
Ono Pharmaceutical Company Ltd. 7,100   165,830
Orion Oyj, Class B 2,094   88,137
Otsuka Holdings Company Ltd. 7,600   240,628
Perrigo Company PLC 1,100   39,226
Recordati Industria Chimica e Farmaceutica SpA 1,777   65,009
Richter Gedeon Nyrt 1,789   30,628
Roche Holding AG 13,891   4,566,839
Sanofi 21,702   1,651,856
Shanghai Fosun Pharmaceutical Group Company Ltd., Class H H Shares 4,500   10,863
Shanghai Fosun Pharmaceutical Group Company Ltd., Class A 1,500   6,187
Shionogi & Company Ltd. 5,100   246,275
Sino Biopharmaceutical Ltd. 105,000   49,205
SK Biopharmaceuticals Company Ltd. (a) 382   15,050
 
See Notes to Schedule of Investments.
84 State Street Total Return V.I.S. Fund
State Street Total Return V.I.S. Fund
Schedule of Investments
September 30, 2022 (Unaudited)
  Number
of Shares 		  Fair
Value
Sun Pharmaceutical Industries Ltd. 10,719   $124,489
Takeda Pharmaceutical Company Ltd. 28,400   737,409
Teva Pharmaceutical Industries Ltd. ADR (a) 21,500   173,505
Theravance Biopharma Inc. (a) 2,167   21,973
Torrent Pharmaceuticals Ltd. 1,128   21,506
UCB S.A. 2,461   170,718
Yuhan Corp. 652   24,588
Yunnan Baiyao Group Company Ltd., Class A A Shares 1,400   10,264
Zhangzhou Pientzehuang Pharmaceutical Company Ltd., Class A 400   14,900
Zhejiang Huahai Pharmaceutical Company Ltd., Class A 2,600   6,968
Zhejiang NHU Company Ltd., Class A A Shares 2,592   8,055
      23,207,906
Precious Metals & Minerals - 0.0% *
Alrosa PJSC (a)(c)** 46,308   —
Anglo American Platinum Ltd. 460   32,857
Impala Platinum Holdings Ltd. 9,062   84,853
Industrias Penoles SAB de C.V. 900   8,763
Northam Platinum Holdings Ltd. (a) 3,073   26,815
Sibanye Stillwater Ltd. 27,057   62,550
      215,838
Property & Casualty Insurance - 0.3%
Admiral Group PLC 3,842   81,600
Argo Group International Holdings Ltd. 1,089   20,974
Chubb Ltd. (b) 3,269   594,566
DB Insurance Company Ltd. 393   15,056
Fairfax Financial Holdings Ltd. 478   219,472
ICICI Lombard General Insurance Company Ltd. (e) 2,136   30,098
Insurance Australia Group Ltd. 49,300   146,595
Intact Financial Corp. 3,317   471,919
James River Group Holdings Ltd. 1,254   28,604
Meritz Fire & Marine Insurance Company Ltd. 396   8,106
MS&AD Insurance Group Holdings Inc. 8,500   225,080
People's Insurance Company Group of China Ltd., Class H H Shares 97,000   28,102
PICC Property & Casualty Company Ltd., Class H 68,000   70,315
QBE Insurance Group Ltd. 28,280   210,910
Samsung Fire & Marine Insurance Company Ltd. 307   39,265
Sompo Holdings Inc. 6,000   240,043
Suncorp Group Ltd. 24,085   156,221
The People's Insurance Company Group of China Ltd., Class A 10,900   7,637
Tokio Marine Holdings Inc. 35,700   634,435
Tryg A/S 7,081   146,114
      3,375,112
Publishing - 0.0% *
China Literature Ltd. (a)(e) 4,400   12,374
  Number
of Shares 		  Fair
Value
Pearson PLC 12,031   $114,865
      127,239
Railroads - 0.3% *
Aurizon Holdings Ltd. (b) 36,171   80,410
Beijing-Shanghai High Speed Railway Company Ltd., Class A 25,600   16,186
BTS Group Holdings PCL NVDR 76,426   16,755
Canadian National Railway Co. 11,200   1,215,979
Canadian Pacific Railway Ltd. 17,700   1,187,815
Central Japan Railway Co. (b) 2,700   316,923
Container Corporation of India Ltd. 1,587   13,798
Daqin Railway Company Ltd., Class A 9,300   8,817
East Japan Railway Co. 5,800   297,419
Hankyu Hanshin Holdings Inc. (b) 4,500   135,419
Keio Corp. (b) 1,800   65,584
Keisei Electric Railway Company Ltd. (b) 2,200   59,927
Kintetsu Group Holdings Company Ltd. (b) 3,300   109,858
MTR Corporation Ltd. 30,000   137,601
Odakyu Electric Railway Company Ltd. 5,000   64,419
Rumo S.A. 11,700   39,974
Tobu Railway Company Ltd. 3,700   87,208
Tokyu Corp. 10,400   118,595
West Japan Railway Co. 4,400   168,168
      4,140,855
Real Estate Development - 0.1%
China Evergrande Group (a)(b)(c) 87,000   4,572
China Jinmao Holdings Group Ltd. 60,000   12,204
China Merchants Shekou Industrial Zone Holdings Company Ltd., Class A 3,800   8,707
China Overseas Land & Investment Ltd. 40,000   104,058
China Resources Land Ltd. 34,000   133,170
China Vanke Company Ltd., Class H H Shares 17,000   30,765
China Vanke Company Ltd., Class A A Shares 5,000   12,492
CIFI Holdings Group Company Ltd. 41,600   4,203
CK Asset Holdings Ltd. (b) 38,086   228,638
Country Garden Holdings Company Ltd. (b) 76,298   17,624
Dar Al Arkan Real Estate Development Co. (a) 5,114   21,546
Emaar Economic City (a) 5,150   13,387
Emaar Properties PJSC (b) 44,432   69,720
Gemdale Corp., Class A 1,500   2,417
Godrej Properties Ltd. (a) 1,425   20,695
Greentown China Holdings Ltd. 8,000   15,014
Henderson Land Development Company Ltd. (b) 28,000   78,403
Hopson Development Holdings Ltd. 12,342   12,924
Land & Houses PCL NVDR 96,731   22,727
Longfor Group Holdings Ltd. (b)(e) 17,968   51,505
 
See Notes to Schedule of Investments.
State Street Total Return V.I.S. Fund 85
State Street Total Return V.I.S. Fund
Schedule of Investments
September 30, 2022 (Unaudited)
  Number
of Shares 		  Fair
Value
Poly Developments & Holdings Group Company Ltd., Class A 7,100   $17,900
Ruentex Development Company Ltd. 11,000   17,682
Seazen Group Ltd. (a) 17,238   4,011
Seazen Holdings Company Ltd., Class A A Shares (a) 1,400   3,420
Shimao Group Holdings Ltd. (c) 16,102   4,533
Sino Land Company Ltd. 68,890   90,610
Sunac China Holdings Ltd. (c) 59,000   17,212
Yuexiu Property Company Ltd. 13,063   15,740
      1,035,879
Real Estate Operating Companies - 0.1%
A-Living Smart City Services Company Ltd. H Shares (e) 10,055   7,909
Aroundtown S.A. 18,357   40,180
Azrieli Group Ltd. 818   55,971
Capitaland Investment Ltd. 50,600   121,851
Central Pattana PCL NVDR 21,078   36,255
China Resources Mixc Lifestyle Services Ltd. (e) 7,200   27,480
Country Garden Services Holdings Company Ltd. (b) 20,715   30,243
Fastighets AB Balder, Class B (a) 10,813   43,163
Greentown Service Group Company Ltd. (b) 20,000   13,219
Hang Lung Properties Ltd. 34,000   55,831
Hongkong Land Holdings Ltd. 19,900   87,441
Hulic Company Ltd. 7,600   55,989
LEG Immobilien SE 1,279   76,312
Mabanee Co. KPSC 7,055   19,622
NEPI Rockcastle N.V. 5,303   23,782
Sagax AB, Class B 3,266   53,769
SM Prime Holdings Inc. 128,600   65,902
Swire Properties Ltd. 20,200   43,454
Swiss Prime Site AG 1,564   124,894
Vonovia SE 13,496   291,149
Wharf Real Estate Investment Company Ltd. 33,000   149,597
      1,424,013
Real Estate Services - 0.0% *
China Overseas Property Holdings Ltd. 15,000   13,007
FirstService Corp. 800   95,735
KE Holdings Inc. ADR (a) 6,500   113,880
      222,622
Regional Banks - 0.0% *
Bandhan Bank Ltd. (a)(e) 7,685   24,987
Bank of Chengdu Company Ltd., Class A A Shares 400   916
Bank of Hangzhou Company Ltd., Class A A Shares 5,547   11,056
Bank of Jiangsu Company Ltd., Class A 7,000   7,281
Bank of Nanjing Company Ltd., Class A 5,600   8,251
Bank of Ningbo Company Ltd., Class A A Shares 4,756   20,985
Concordia Financial Group Ltd. (b) 18,200   56,476
First Bancorp (b) 6,263   85,678
OFG Bancorp 1,638   41,163
  Number
of Shares 		  Fair
Value
Popular Inc. 652   $46,983
Resona Holdings Inc. 42,500   155,511
The Chiba Bank Ltd. (b) 8,700   47,108
The Shizuoka Bank Ltd. (a) 9,000   54,419
      560,814
Reinsurance - 0.1%
Enstar Group Ltd. (a) 379   64,275
Everest Re Group Ltd. (b) 300   78,732
Greenlight Capital Re Ltd., Class A (a) 773   5,751
Hannover Rueck SE 1,169   175,168
Muenchener Rueckversicherungs-Gesellschaft AG in Muenchen 2,647   636,927
RenaissanceRe Holdings Ltd. 400   56,156
SiriusPoint Ltd. (a) 3,053   15,112
Swiss Re AG 5,711   422,257
      1,454,378
Renewable Electricity - 0.0% *
Adani Green Energy Ltd. (a) 3,339   91,898
China Longyuan Power Group Corporation Ltd., Class H H Shares 35,000   43,735
China Three Gorges Renewables Group Company Ltd., Class A A Shares 19,800   15,579
China Yangtze Power Company Ltd., Class A A Shares 14,300   45,529
EDP Renovaveis SA 5,811   119,484
Energy Absolute PCL NVDR 19,820   46,192
Engie Brasil Energia S.A. (b) 3,233   23,018
Meridian Energy Ltd. 22,017   59,712
Northland Power Inc. 4,600   135,417
      580,564
Research & Consulting Services - 0.2%
Bureau Veritas S.A. (b) 5,876   131,437
Clarivate PLC (a) 3,312   31,100
Experian PLC 17,429   510,077
Intertek Group PLC 3,148   129,130
Nihon M&A Center Holdings Inc. 5,200   59,467
RELX PLC 36,468   890,923
SGS S.A. 122   261,699
Teleperformance 1,107   280,713
Thomson Reuters Corp. 3,218   332,093
Wolters Kluwer N.V. 5,007   487,350
      3,113,989
Residential REITs - 0.0% *
Canadian Apartment Properties REIT (b) 1,700   52,087
Restaurants - 0.1%
Compass Group PLC (b) 33,685   670,599
Domino's Pizza Enterprises Ltd. 1,000   33,116
Haidilao International Holding Ltd. (a)(e) 12,000   23,275
Jiumaojiu International Holdings Ltd. (e) 10,000   16,262
Jollibee Foods Corp. (b) 5,060   19,741
Jubilant Foodworks Ltd. 4,745   35,973
 
See Notes to Schedule of Investments.
86 State Street Total Return V.I.S. Fund
State Street Total Return V.I.S. Fund
Schedule of Investments
September 30, 2022 (Unaudited)
  Number
of Shares 		  Fair
Value
McDonald's Holdings Company Japan Ltd. 1,500   $52,259
Restaurant Brands International Inc. 5,600   299,471
Sodexo SA 1,719   129,045
Yum China Holdings Inc. 4,400   208,252
      1,487,993
Retail REITs - 0.1%
CapitaLand Integrated Commercial Trust (b) 102,859   136,950
Japan Metropolitan Fund Invest 136   102,100
Klepierre S.A. 4,111   71,442
Link REIT 40,474   282,520
Mapletree Pan Asia Commercial Trust 45,746   54,514
RioCan Real Estate Investment Trust 3,100   42,009
Scentre Group 100,826   165,587
Unibail-Rodamco-Westfield (a) 2,074   85,787
Vicinity Centres 75,786   84,936
      1,025,845
Security & Alarm Services - 0.0% *
S-1 Corp. 184   7,411
Secom Company Ltd. 4,000   228,053
Securitas AB, Class B 9,362   64,992
      300,456
Semiconductor Equipment - 0.4%
Advanced Micro-Fabrication Equipment Inc. China, Class A A Shares (a) 339   5,098
Advantest Corp. (b) 3,700   170,851
ASM International N.V. 911   203,896
ASML Holding N.V. 7,740   3,205,208
Daqo New Energy Corp. ADR (a) 500   26,540
Disco Corp. 600   132,257
Flat Glass Group Company Ltd., Class H H Shares (a) 4,000   9,679
Flat Glass Group Company Ltd., Class A (a) 1,700   7,762
Globalwafers Company Ltd. 2,000   22,813
Hangzhou First Applied Material Company Ltd., Class A 980   7,255
Kulicke & Soffa Industries Inc. (b) 1,954   75,288
Lasertec Corp. 1,400   140,800
National Silicon Industry Group Company Ltd., Class A (a) 1,235   3,074
NAURA Technology Group Company Ltd., Class A 300   11,660
Shenzhen SC New Energy Technology Corp., Class A 100   1,609
SUMCO Corp. 6,700   78,054
Tianjin Zhonghuan Semiconductor Company Ltd., Class A 1,800   11,258
Tokyo Electron Ltd. 2,900   714,471
Xinyi Solar Holdings Ltd. 49,985   52,489
Zhejiang Jingsheng Mechanical & Electrical Company Ltd., Class A 300   2,831
      4,882,893
  Number
of Shares 		  Fair
Value
Semiconductors - 0.5%
ASE Technology Holding Company Ltd. (b) 35,000   $87,013
eMemory Technology Inc. 1,000   35,396
GigaDevice Semiconductor Inc., Class A 560   7,305
Hangzhou Silan Microelectronics Company Ltd., Class A 1,100   4,907
Hua Hong Semiconductor Ltd. (a)(e) 8,000   18,120
Inari Amertron Bhd 40,000   21,452
Infineon Technologies AG 24,674   539,746
Ingenic Semiconductor Company Ltd., Class A 600   6,188
JA Solar Technology Company Ltd., Class A 1,120   10,029
JCET Group Company Ltd., Class A A Shares 2,000   5,979
LONGi Green Energy Technology Company Ltd., Class A (a) 4,736   31,605
MediaTek Inc. 15,000   258,846
Montage Technology Company Ltd., Class A 361   2,634
Nanya Technology Corp. 15,000   22,987
Novatek Microelectronics Corp. 5,886   40,284
Powerchip Semiconductor Manufacturing Corp. 27,000   24,130
Realtek Semiconductor Corp. 5,040   42,548
Renesas Electronics Corp. (a) 22,700   190,280
Rohm Company Ltd. 1,800   117,953
SG Micro Corp., Class A 150   2,954
Silergy Corp. 4,888   63,749
SK Hynix Inc. 5,608   320,779
SK Square Company Ltd. (a) 1,068   26,650
STMicroelectronics N.V. 12,936   401,851
Taiwan Semiconductor Manufacturing Company Ltd. 260,557   3,453,785
Tianshui Huatian Technology Company Ltd., Class A A Shares 700   792
Tower Semiconductor Ltd. (a) 2,139   93,612
Trina Solar Company Ltd., Class A A Shares 1,600   14,304
Unigroup Guoxin Microelectronics Company Ltd., Class A 419   8,459
United Microelectronics Corp. (a) 122,000   136,530
Vanguard International Semiconductor Corp. 8,330   16,876
Will Semiconductor Company Ltd., Class A A Shares 540   6,036
Win Semiconductors Corp. 4,000   15,370
Winbond Electronics Corp. 28,000   17,289
      6,046,438
Silver - 0.0% *
Pan American Silver Corp. 3,600   57,535
Soft Drinks - 0.1%
Arca Continental SAB de CV (b) 5,300   38,225
Carabao Group PCL NVDR 1,735   3,904
Coca-Cola European Partners PLC 4,000   170,480
Coca-Cola Femsa SAB de C.V. 7,000   40,964
 
See Notes to Schedule of Investments.
State Street Total Return V.I.S. Fund 87
State Street Total Return V.I.S. Fund
Schedule of Investments
September 30, 2022 (Unaudited)
  Number
of Shares 		  Fair
Value
Coca-Cola HBC AG 3,963   $82,788
Fomento Economico Mexicano SAB de C.V. 21,300   133,706
Ito En Ltd. 800   32,357
Nongfu Spring Company Ltd., Class H H Shares (e) 18,200   105,252
Suntory Beverage & Food Ltd. 2,600   92,522
      700,198
Specialized Consumer Services - 0.0% *
OneSpaWorld Holdings Ltd. (a) 2,210   18,564
Specialized Finance - 0.0% *
Banco Latinoamericano de Comercio Exterior SA, Class E (b) 904   11,806
Chailease Holding Company Ltd. (b) 14,805   84,568
Far East Horizon Ltd. 23,000   15,505
Mitsubishi HC Capital Inc. (b) 11,400   48,995
      160,874
Specialty Chemicals - 0.3%
Akzo Nobel N.V. 3,516   199,170
Arkema S.A. 1,165   84,869
Asian Paints Ltd. 4,091   167,247
Chr Hansen Holding A/S 2,140   105,368
Clariant AG 3,671   58,785
Covestro AG (e) 3,948   112,834
Croda International PLC 2,679   191,302
Dongyue Group Ltd. 17,000   16,846
EMS-Chemie Holding AG 138   87,330
Evonik Industries AG 3,547   59,380
Givaudan S.A. 175   529,991
Hoshine Silicon Industry Company Ltd., Class A 200   3,065
Johnson Matthey PLC 3,175   64,086
JSR Corp. (b) 3,061   58,039
Koninklijke DSM N.V. 3,308   376,265
Nippon Paint Holdings Company Ltd. 16,200   109,418
Nitto Denko Corp. 2,800   151,592
Novozymes A/S, Class B B Shares 3,927   197,252
Perimeter Solutions S.A. (a) 4,192   33,578
Shanghai Putailai New Energy Technology Company Ltd., Class A 1,240   9,611
Shenzhen Capchem Technology Company Ltd., Class A 180   1,052
Shin-Etsu Chemical Company Ltd. 7,100   702,520
Sika AG 2,748   553,700
SK IE Technology Company Ltd. (a)(e) 261   9,428
Symrise AG 2,545   248,068
Umicore S.A. 4,195   123,104
Wanhua Chemical Group Company Ltd., Class A 2,000   25,733
Zhejiang Yongtai Technology Company Ltd., Class A 600   1,923
      4,281,556
Specialty Stores - 0.0% *
China Tourism Group Duty Free Corporation Ltd., Class A 1,200   32,979
  Number
of Shares 		  Fair
Value
Chow Tai Fook Jewellery Group Ltd. 34,000   $63,897
Hotel Shilla Company Ltd. 370   18,402
Jarir Marketing Co. 420   18,558
JD Sports Fashion PLC 44,069   48,539
JUMBO S.A. (b) 974   12,963
Pop Mart International Group Ltd. (e) 7,200   13,166
      208,504
Steel - 0.2%
ArcelorMittal S.A. (b) 11,013   219,051
Baoshan Iron & Steel Company Ltd., Class A 10,700   7,872
BlueScope Steel Ltd. 9,384   91,604
China Steel Corp. 122,000   102,276
Cia Siderurgica Nacional S.A. 6,300   14,816
Eregli Demir ve Celik Fabrikalari TAS (b) 12,313   19,150
Fortescue Metals Group Ltd. (b) 32,076   346,124
Hitachi Metals Ltd. (a)(b) 3,700   55,660
Hyundai Steel Co. (b) 790   15,345
Inner Mongolia BaoTou Steel Union Company Ltd., Class A 42,400   10,900
JFE Holdings Inc. 9,500   88,202
JSW Steel Ltd. (b) 7,366   56,797
Kumba Iron Ore Ltd. 476   10,169
Nippon Steel Corp. 15,600   216,478
Novolipetsk Steel PJSC GDR (c)** 2,290   —
Novolipetsk Steel PJSC (a)(c)** 4,980   —
POSCO Holdings Inc. 782   114,069
Severstal PAO GDR (a)(c)** 3,070   —
Severstal PAO (c)** 695   —
Shanxi Meijin Energy Company Ltd., Class A 3,500   4,701
Shanxi Taigang Stainless Steel Company Ltd., Class A 6,700   4,190
Tata Steel Ltd. 74,240   89,628
Vale S.A. 42,740   569,250
voestalpine AG 2,281   38,625
YongXing Special Materials Technology Company Ltd., Class A 200   3,464
      2,078,371
Systems Software - 0.1%
360 Security Technology Inc., Class A 4,700   4,257
BlackBerry Ltd. (a) 9,400   44,536
Check Point Software Technologies Ltd. (a)(b) 2,003   224,376
CyberArk Software Ltd. (a) 800   119,952
Ming Yuan Cloud Group Holdings Ltd. 12,000   7,059
Oracle Corp. Japan 737   39,061
Sangfor Technologies Inc., Class A 300   4,194
Tata Elxsi Ltd. 366   38,097
Totvs S.A. 4,738   25,710
Trend Micro Inc. 2,700   145,414
      652,656
Technology Distributors - 0.0% *
Synnex Technology International Corp. 18,178   30,113
 
See Notes to Schedule of Investments.
88 State Street Total Return V.I.S. Fund
State Street Total Return V.I.S. Fund
Schedule of Investments
September 30, 2022 (Unaudited)
  Number
of Shares 		  Fair
Value
Unisplendour Corporation Ltd., Class A 3,100   $6,876
WPG Holdings Ltd. 20,938   30,579
      67,568
Technology Hardware, Storage & Peripherals - 0.3%
Acer Inc. (b) 26,000   17,901
Advantech Company Ltd. 4,000   36,846
Asustek Computer Inc. (b) 7,053   51,719
Brother Industries Ltd. 4,600   79,464
Canon Inc. (b) 18,900   412,781
Catcher Technology Company Ltd. 7,000   37,906
Compal Electronics Inc. 55,225   37,657
FUJIFILM Holdings Corp. (b) 6,815   311,241
Inventec Corp. 34,249   24,621
Lenovo Group Ltd. 74,000   51,184
Lite-On Technology Corp. 19,693   39,498
Logitech International S.A. 3,436   157,476
Micro-Star International Company Ltd. 6,000   20,197
Ninestar Corp., Class A 1,200   7,243
Pegatron Corp. 23,251   42,675
Quanta Computer Inc. 30,507   73,847
Ricoh Company Ltd. 11,300   82,732
Samsung Electronics Company Ltd. 50,888   1,868,569
Seiko Epson Corp. 4,800   65,534
Shenzhen Transsion Holdings Company Ltd., Class A 350   2,842
Wiwynn Corp. 1,000   25,270
Xiaomi Corp., Class B (a)(e) 158,400   179,362
      3,626,565
Textiles - 0.0% *
Eclat Textile Company Ltd. 2,000   24,556
Tires & Rubber - 0.1%
Balkrishna Industries Ltd. 1,031   23,730
Bridgestone Corp. (b) 10,896   352,350
Cheng Shin Rubber Industry Company Ltd. 20,000   22,410
Cie Generale des Etablissements Michelin SCA 12,928   289,543
Hankook Tire & Technology Company Ltd. 729   17,794
MRF Ltd. 20   19,976
Sailun Group Company Ltd., Class A A Shares 2,300   3,248
Shandong Linglong Tyre Company Ltd., Class A 1,500   3,820
      732,871
Tobacco - 0.2%
British American Tobacco PLC 41,015   1,470,367
Gudang Garam Tbk PT (b) 5,500   8,278
Imperial Brands PLC 17,229   354,198
ITC Ltd. (b) 30,240   122,902
Japan Tobacco Inc. 22,700   372,985
KT&G Corp. (b) 1,149   69,376
RLX Technology Inc. ADR (a) 4,000   4,200
Smoore International Holdings Ltd. (e) 19,000   22,540
Swedish Match AB 30,321   299,931
      2,724,777
  Number
of Shares 		  Fair
Value
Trading Companies & Distributors - 0.3%
Adani Enterprises Ltd. 3,289   $138,811
AerCap Holdings N.V. (a)(b) 2,400   101,592
Ashtead Group PLC 8,420   378,055
BOC Aviation Ltd. (e) 2,700   19,087
Brenntag SE 2,963   179,046
Bunzl PLC 6,482   198,000
Ferguson PLC 4,137   429,031
IMCD N.V. 1,121   132,853
ITOCHU Corp. (b) 22,505   543,167
Marubeni Corp. 30,000   261,738
Mitsubishi Corp. 23,800   650,868
Mitsui & Company Ltd. 26,400   561,727
MonotaRO Company Ltd. 4,300   65,976
Reece Ltd. 4,157   37,548
Sichuan New Energy Power Company Ltd. (a) 800   2,099
Sumitomo Corp. 21,500   265,592
Toromont Industries Ltd. 1,600   111,973
Toyota Tsusho Corp. 4,300   133,178
Triton International Ltd. 2,075   113,565
      4,323,906
Trucking - 0.0% *
Grab Holdings Ltd., Class A (a) 25,600   67,328
Localiza Rent a Car S.A. 5,900   66,637
TFI International Inc. 1,500   136,469
      270,434
Water Utilities - 0.0% *
Beijing Enterprises Water Group Ltd. 50,000   11,466
Cia de Saneamento Basico do Estado de Sao Paulo 4,200   38,515
Guangdong Investment Ltd. 32,000   25,561
Severn Trent PLC 4,884   127,647
United Utilities Group PLC 13,289   131,188
      334,377
Wireless Telecommunication Services - 0.3%
Advanced Info Service PCL NVDR 12,507   64,507
America Movil SAB de C.V. Series L 295,800   244,643
Axiata Group Bhd (b) 32,600   18,333
Bharti Airtel Ltd. 24,206   236,904
China United Network Communications Ltd., Class A 14,400   6,753
DiGi.Com Bhd 38,500   27,977
Etihad Etisalat Co. 4,492   42,333
Far EasTone Telecommunications Company Ltd. (b) 21,000   47,782
Globe Telecom Inc. (b) 385   13,297
Intouch Holdings PCL NVDR 5,600   10,759
Intouch Holdings PCL, Class F 6,200   11,958
KDDI Corp. 30,408   888,924
Maxis Bhd 27,100   20,443
Mobile Telecommunications Co. KSCP 30,576   57,715
Mobile Telecommunications Co. Saudi Arabia (a) 8,715   26,356
Mobile TeleSystems PJSC ADR (a)(c)** 6,600   —
 
See Notes to Schedule of Investments.
State Street Total Return V.I.S. Fund 89
State Street Total Return V.I.S. Fund
Schedule of Investments
September 30, 2022 (Unaudited)
  Number
of Shares 		  Fair
Value
Mobile TeleSystems PJSC (c)** 3,970   $—
MTN Group Ltd. 17,502   116,297
PLDT Inc. 960   24,658
Rogers Communications Inc., Class B 6,700   259,457
Softbank Corp. 54,300   542,180
SoftBank Group Corp. 22,800   772,637
Taiwan Mobile Company Ltd. 21,946   66,051
Tele2 AB, Class B B Shares 9,954   85,900
TIM S.A. 10,600   23,674
Turkcell Iletisim Hizmetleri A/S 8,295   8,792
Vodacom Group Ltd. 7,755   52,476
Vodafone Group PLC 508,697   569,206
      4,240,012
Total Common Stock
(Cost $411,076,130) 		    327,299,865
Preferred Stock - 0.2%
Automobile Manufacturers - 0.1%
Bayerische Motoren Werke AG 1,172   76,077
Hyundai Motor Co. 417   24,244
Hyundai Motor Co. 29   1,695
Porsche Automobil Holding SE 2,980   167,834
Volkswagen AG 3,513   429,085
      698,935
Commodity Chemicals - 0.0% *
Braskem S.A. 1,800   8,733
LG Chem Ltd. 89   15,500
      24,233
Diversified Banks - 0.1%
Banco Bradesco S.A. 55,821   204,755
Bancolombia S.A. 4,359   26,587
Itau Unibanco Holding S.A. 50,400   261,465
Itausa S.A. 49,580   89,189
      581,996
Diversified Capital Markets - 0.0% *
Banco BTG Pactual S.A. 4   4
Electric Utilities - 0.0% *
Centrais Eletricas Brasileiras SA 3,800   31,720
Cia Energetica de Minas Gerais 14,729   29,301
      61,021
Fertilizers & Agricultural Chemicals - 0.0% *
Sociedad Quimica y Minera de Chile SA 1,519   142,857
Household Products - 0.0% *
Henkel AG & Company KGaA 3,436   203,970
Integrated Oil & Gas - 0.0% *
Petroleo Brasileiro S.A. 49,600   273,271
Surgutneftegas PJSC (c)** 115,200   —
      273,271
Life Sciences Tools & Services - 0.0% *
Sartorius AG 470   162,509
Personal Products - 0.0% *
LG Household & Health Care Ltd. 21   4,811
  Number
of Shares 		  Fair
Value
Steel - 0.0% *
Gerdau S.A. 13,200   $59,644
Technology Hardware, Storage & Peripherals - 0.0% *
Samsung Electronics Company Ltd. 8,520   276,754
Total Preferred Stock
(Cost $3,169,136) 		    2,490,005
Rights - 0.0% *
Security & Alarm Services - 0.0% *
Securitas AB (a) 21,656   9,035
Trucking - 0.0% *
Localiza Rent a Car S.A. (a) 18   37
Wireless Telecommunication Services - 0.0% *
Globe Telecom Inc. (a) 29   173
Total Rights
(Cost $11,756) 		    9,245
Warrants - 0.0% *
Railroads - 0.0% *
BTS Group Holdings PCL (expiring 10/03/22) (a) 29,280   223
Total Warrants
(Cost $0) 		    223
Total Foreign Equity
(Cost $414,257,022) 		    329,799,338
    
  Principal
Amount 		 
Bonds and Notes - 24.9%
U.S. Treasuries - 13.1%
U.S. Treasury Bonds    
1.13% 08/15/40 $225,000 139,324
1.25% 08/15/31 - 05/15/50 1,300,000 1,001,125
1.38% 12/31/28 - 08/15/50 3,400,000 2,452,468
1.63% 11/15/50 200,000 124,063
1.75% 08/15/41 1,500,000 1,025,391
1.88% 02/15/32 - 11/15/51 1,275,000 973,747
2.00% 11/15/41 - 08/15/51 1,600,000 1,110,968
2.25% 08/15/46 - 08/15/49 950,000 691,117
2.38% 03/31/29 - 05/15/51 1,690,000 1,381,959
2.50% 02/15/45 - 05/15/46 485,000 368,853
2.63% 07/31/29 550,000 505,484
2.75% 11/15/42 - 11/15/47 1,025,000 824,281
2.88% 05/15/43 - 05/15/52 3,585,000 2,981,473
3.00% 11/15/44 - 08/15/52 2,325,000 1,961,867
3.13% 02/15/43 - 05/15/48 2,350,000 2,013,625
3.25% 05/15/42 1,435,000 1,273,338
3.38% 08/15/42 - 11/15/48 1,600,000 1,442,063
3.63% 08/15/43 - 02/15/44 1,140,000 1,061,700
4.25% 05/15/39 - 11/15/40 200,000 207,391
4.38% 02/15/38 - 05/15/40 200,000 211,563
4.50% 02/15/36 100,000 108,078
4.63% 02/15/40 100,000 108,688
5.25% 02/15/29 200,000 213,281
5.50% 08/15/28 200,000 214,453
6.00% 02/15/26 427,000 449,284
6.13% 08/15/29 200,000 225,313
6.38% 08/15/27 200,000 219,406
7.63% 02/15/25 200,000 214,703
U.S. Treasury Inflation Indexed Bonds    
0.13% 04/15/27 - 02/15/52 6,927,497 5,646,795
0.25% 02/15/50 921,920 606,528
 
See Notes to Schedule of Investments.
90 State Street Total Return V.I.S. Fund
State Street Total Return V.I.S. Fund
Schedule of Investments
September 30, 2022 (Unaudited)
  Principal
Amount 		  Fair
Value
0.63% 07/15/32 - 02/15/43 $2,815,135   $2,420,094
0.75% 02/15/42 - 02/15/45 2,271,777   1,793,095
0.88% 02/15/47 975,759   767,354
1.00% 02/15/46 - 02/15/49 1,701,009   1,383,996
1.38% 02/15/44 1,411,087   1,259,113
1.75% 01/15/28 1,131,384   1,121,680
2.00% 01/15/26 746,375   744,481
2.13% 02/15/40 - 02/15/41 1,291,968   1,339,634
2.38% 01/15/25 - 01/15/27 2,487,449   2,508,316
2.50% 01/15/29 1,034,970   1,072,240
3.38% 04/15/32 417,293   476,383
3.63% 04/15/28 970,859   1,056,052
3.88% 04/15/29 1,171,463   1,312,852
U.S. Treasury Inflation Indexed Notes      
0.13% 07/15/24 - 07/15/31 23,686,966   21,797,187
0.25% 01/15/25 - 07/15/29 4,279,730   3,989,785
0.38% 07/15/25 - 07/15/27 6,526,307   6,148,941
0.50% 04/15/24 - 01/15/28 3,921,489   3,724,585
0.63% 01/15/24 - 01/15/26 4,220,568   4,083,575
0.75% 07/15/28 1,752,760   1,648,559
0.88% 01/15/29 1,584,036   1,490,494
U.S. Treasury Notes      
0.13% 12/15/23 - 02/15/24 2,900,000   2,745,375
0.25% 03/15/24 - 10/31/25 3,800,000   3,454,973
0.38% 08/15/24 - 09/30/27 2,900,000   2,551,656
0.50% 11/30/23 - 02/28/26 1,750,000   1,614,913
0.63% 11/30/27 - 08/15/30 2,350,000   1,909,278
0.75% 12/31/23 - 03/31/26 3,150,000   2,937,957
0.88% 11/15/30 1,450,000   1,155,469
1.13% 01/15/25 - 02/15/31 5,475,000   4,762,277
1.25% 03/31/28 - 06/30/28 3,200,000   2,751,770
1.38% 01/31/25 - 08/31/26 600,000   558,133
1.50% 09/30/24 - 02/15/30 4,900,000   4,388,285
1.63% 02/15/26 - 05/15/31 2,125,000   1,800,707
1.75% 06/30/24 - 11/15/29 1,750,000   1,603,629
1.88% 06/30/26 - 02/28/29 2,600,000   2,365,468
2.00% 02/15/25 - 11/15/26 1,494,000   1,407,885
2.13% 11/30/23 - 05/31/26 1,200,000   1,148,310
2.25% 12/31/23 - 02/15/52 5,230,000   4,645,621
2.38% 08/15/24 - 05/15/29 3,250,000   3,037,551
2.50% 01/31/24 - 03/31/27 7,550,000   7,294,656
2.63% 04/15/25 - 02/15/29 3,450,000   3,255,147
2.75% 02/28/25 - 08/15/32 6,750,000   6,371,724
2.88% 10/31/23 - 05/15/32 8,480,000   8,045,868
3.00% 06/30/24 - 10/31/25 5,200,000   5,036,812
3.13% 08/15/25 - 08/31/29 2,400,000   2,289,089
3.25% 08/31/24 - 06/30/29 1,150,000   1,115,542
3.88% 09/30/29 1,000,000   995,937
4.25% 09/30/24 450,000   450,211
      169,590,988
Agency Mortgage Backed - 5.8%
Federal Farm Credit Banks Funding Corp.      
0.25% 02/26/24 360,000   340,009
3.38% 08/26/24 250,000   245,725
Federal Home Loan Banks      
0.50% 04/14/25 650,000   591,416
1.88% 09/11/26 500,000   455,205
3.25% 11/16/28 125,000   119,359
Federal Home Loan Mortgage Corp.      
0.13% 10/16/23 380,000   364,120
0.38% 07/21/25 500,000   448,820
1.50% 04/01/37 - 11/01/51 943,614   746,028
  Principal
Amount 		  Fair
Value
2.00% 01/01/36 - 03/01/52 $10,735,046   $8,771,571
2.00% 09/01/50 (b) 573,260   466,805
2.50% 01/01/28 - 09/01/50 (b) 1,204,291   1,044,105
2.50% 06/01/51 - 05/01/52 2,930,831   2,467,688
3.00% 07/01/30 - 08/01/50 (b) 1,628,276   1,465,976
3.00% 12/01/46 - 06/01/51 422,949   373,358
3.50% 03/01/26 - 11/01/49 (b) 1,192,422   1,095,310
4.00% 06/01/42 - 08/01/48 (b) 426,993   405,014
4.50% 05/01/42 - 11/01/48 (b) 81,776   79,433
5.50% 01/01/38 - 04/01/39 (b) 152,643   156,548
6.00% 06/01/37 - 11/01/37 (b) 144,296   150,712
6.25% 07/15/32 250,000   291,708
Federal National Mortgage Assoc.      
0.50% 11/07/25 250,000   222,775
0.88% 08/05/30 250,000   195,273
1.50% 04/01/36 - 11/01/41 1,477,831   1,249,496
1.50% 12/01/50 - 03/01/51 (b) 776,578   596,574
1.75% 07/02/24 225,000   215,512
2.00% 11/01/35 - 04/01/51 (b) 4,475,878   3,704,165
2.00% 06/01/36 - 03/01/52 5,444,614   4,479,523
2.13% 04/24/26 200,000   186,304
2.50% 09/01/28 - 04/01/51 (b) 3,190,002   2,722,716
2.50% 06/01/32 - 03/01/52 7,194,803   6,124,620
3.00% 04/01/30 - 12/01/49 (b) 2,281,476   2,048,271
3.00% 12/01/35 - 05/01/52 3,724,894   3,264,719
3.50% 01/01/27 - 03/01/49 (b) 1,089,587   1,001,962
3.50% 11/01/48 - 06/01/52 656,310   593,618
4.00% 10/01/41 - 02/01/50 (b) 1,139,357   1,077,630
4.00% 07/01/47 - 08/01/52 229,859   213,289
4.50% 01/01/27 - 09/01/49 (b) 431,485   420,022
5.00% 12/01/39 - 05/01/41 (b) 87,300   87,780
5.50% 12/01/35 - 04/01/38 (b) 515,044   525,822
6.00% 03/01/34 - 08/01/37 (b) 660,842   688,922
Federal National Mortgage Assoc. TBA      
1.50% 10/01/37 (f) 825,000   706,650
2.00% 10/01/37 (f) 1,250,000   1,099,941
2.50% 10/01/37 (f) 650,000   588,085
3.00% 10/01/37 - 10/01/52 (f) 1,000,000   886,611
3.50% 10/01/37 - 10/01/52 (f) 2,800,000   2,525,618
4.00% 10/01/52 (f) 2,025,000   1,876,756
4.50% 10/01/52 (f) 1,725,000   1,641,415
5.00% 10/01/52 (f) 300,000   292,245
Government National Mortgage Assoc.      
2.00% 10/20/50 (b) 953,125   798,801
2.00% 11/20/50 - 04/20/52 3,411,095   2,848,618
2.50% 06/20/50 - 01/20/52 3,747,728   3,234,857
2.50% 07/20/50 - 08/20/50 (b) 519,725   450,197
 
See Notes to Schedule of Investments.
State Street Total Return V.I.S. Fund 91
State Street Total Return V.I.S. Fund
Schedule of Investments
September 30, 2022 (Unaudited)
  Principal
Amount 		  Fair
Value
3.00% 10/15/42 - 02/20/50 (b) $1,093,464   $982,653
3.00% 01/20/46 - 09/20/51 1,619,453   1,441,354
3.50% 11/20/43 188,036   174,576
3.50% 03/20/45 - 08/20/49 (b) 1,155,138   1,063,030
4.00% 12/20/40 - 09/20/46 (b) 633,184   604,780
4.50% 05/20/40 - 01/20/49 (b) 286,745   279,904
5.00% 08/15/41 (b) 500,762   514,013
Government National Mortgage Assoc. TBA      
2.50% 10/01/52 (f) 100,000   85,708
3.00% 10/01/52 (f) 575,000   507,038
3.50% 10/01/52 (f) 1,100,000   997,983
4.00% 10/01/52 (f) 675,000   629,470
4.50% 10/01/52 (f) 550,000   525,707
Tennessee Valley Authority      
3.50% 12/15/42 100,000   83,514
      74,537,427
Agency Collateralized Mortgage Obligations - 0.2%
Federal Home Loan Mortgage Corp.      
1.48% 04/25/30 69,643   56,378
1.56% 04/25/30 40,000   32,566
1.87% 01/25/30 58,333   48,958
3.00% 12/25/25 300,000   286,449
3.39% 03/25/24 200,000   197,195
3.78% 08/25/28 178,178   173,647
3.90% 04/25/28 100,000   96,685
3.90% 08/25/28 - 12/25/30 (g) 535,000   513,692
3.95% 11/25/30 (g) 380,000   364,470
Federal National Mortgage Assoc.      
1.27% 07/25/30 80,000   62,955
1.51% 03/25/31 (g) 145,000   113,676
1.72% 10/25/31 (g) 100,000   78,713
2.70% 02/25/26 179,700   169,659
3.16% 06/25/27 (g) 180,906   170,114
      2,365,157
Asset Backed - 0.1%
American Express Credit Account Master Trust      
0.90% 11/15/26 184,000   170,781
BA Credit Card Trust      
0.44% 09/15/26 9,000   8,460
Capital One Multi-Asset Execution Trust      
3.49% 05/15/27 100,000   97,209
Carvana Auto Receivables Trust 2021-P4      
1.64% 12/10/27 150,000   133,438
Discover Card Execution Note Trust      
1.03% 09/15/28 81,000   70,013
Exeter Automobile Receivables Trust 2022-3      
4.21% 01/15/26 200,000   198,284
Hyundai Auto Receivables Trust 2021-C      
0.74% 05/15/26 100,000   94,375
  Principal
Amount 		  Fair
Value
World Omni Auto Receivables Trust 2021-B      
0.42% 06/15/26 $100,000   $95,890
      868,450
Corporate Notes - 5.1%
3M Co.      
2.65% 04/15/25 100,000   94,421
3.38% 03/01/29 25,000   22,296
Abbott Laboratories      
4.90% 11/30/46 100,000   96,186
AbbVie Inc.      
2.95% 11/21/26 25,000   22,872
3.20% 05/14/26 50,000   46,751
3.80% 03/15/25 75,000   72,616
4.25% 11/14/28 - 11/21/49 60,000   50,217
4.30% 05/14/36 50,000   43,337
4.75% 03/15/45 150,000   128,607
4.85% 06/15/44 50,000   43,604
4.88% 11/14/48 25,000   21,953
Activision Blizzard Inc.      
2.50% 09/15/50 50,000   30,422
Adobe Inc.      
3.25% 02/01/25 70,000   67,931
Advocate Health & Hospitals Corp.      
3.39% 10/15/49 25,000   18,278
AEP Texas Inc.      
3.45% 05/15/51 35,000   24,347
AerCap Ireland Capital DAC/AerCap Global Aviation Trust      
4.45% 04/03/26 250,000   233,512
Aflac Inc.      
2.88% 10/15/26 100,000   92,789
Agilent Technologies Inc.      
2.75% 09/15/29 25,000   21,005
Agree LP      
4.80% 10/01/32 15,000   13,398
Air Lease Corp.      
3.25% 10/01/29 100,000   81,212
4.25% 02/01/24 100,000   98,241
Air Products & Chemicals Inc.      
2.05% 05/15/30 10,000   8,193
2.70% 05/15/40 25,000   17,979
Aircastle Ltd.      
4.13% 05/01/24 20,000   19,258
Alabama Power Co.      
3.45% 10/01/49 50,000   35,420
Albemarle Corp.      
5.05% 06/01/32 25,000   23,202
Alexandria Real Estate Equities Inc.      
3.55% 03/15/52 50,000   34,068
4.85% 04/15/49 50,000   41,992
Alibaba Group Holding Ltd.      
4.00% 12/06/37 100,000   76,751
Allegion PLC      
3.50% 10/01/29 15,000   12,700
Allina Health System      
2.90% 11/15/51 10,000   6,482
Ally Financial Inc.      
8.00% 11/01/31 50,000   52,857
Alphabet Inc.      
0.80% 08/15/27 50,000   42,153
2.05% 08/15/50 50,000   29,446
 
See Notes to Schedule of Investments.
92 State Street Total Return V.I.S. Fund
State Street Total Return V.I.S. Fund
Schedule of Investments
September 30, 2022 (Unaudited)
  Principal
Amount 		  Fair
Value
2.25% 08/15/60 $25,000   $14,192
Altria Group Inc.      
5.80% 02/14/39 65,000   56,306
5.95% 02/14/49 190,000   157,561
Amazon.com Inc.      
1.65% 05/12/28 50,000   42,489
2.10% 05/12/31 50,000   40,553
2.50% 06/03/50 75,000   46,781
3.00% 04/13/25 75,000   72,449
3.15% 08/22/27 50,000   46,596
3.30% 04/13/27 25,000   23,645
3.60% 04/13/32 25,000   22,706
3.95% 04/13/52 25,000   20,542
4.05% 08/22/47 100,000   84,888
4.10% 04/13/62 25,000   20,062
4.25% 08/22/57 50,000   41,758
Amcor Flexibles North America Inc.      
4.00% 05/17/25 15,000   14,498
Ameren Illinois Co.      
3.85% 09/01/32 50,000   45,101
America Movil SAB de C.V.      
6.13% 03/30/40 100,000   99,596
American Airlines 2019-1 Class AA Pass Through Trust      
3.15% 08/15/33 43,221   36,294
American Express Co.      
0.75% 11/03/23 50,000   48,018
3.00% 10/30/24 100,000   96,375
3.38% 05/03/24 25,000   24,382
3.63% 12/05/24 50,000   48,616
American Express Co. (4.42% fixed rate until 08/03/2032; 1.76% + SOFR thereafter)      
4.42% 08/03/33 (g) 50,000   45,506
American Homes 4 Rent LP      
3.63% 04/15/32 20,000   16,476
American Honda Finance Corp.      
0.75% 08/09/24 50,000   46,483
2.40% 06/27/24 100,000   96,102
American International Group Inc.      
2.50% 06/30/25 25,000   23,293
4.20% 04/01/28 75,000   70,249
4.38% 06/30/50 50,000   40,361
American Tower Corp.      
2.40% 03/15/25 75,000   69,866
3.13% 01/15/27 150,000   135,213
4.05% 03/15/32 10,000   8,609
American Water Capital Corp.      
3.45% 06/01/29 50,000   44,521
4.00% 12/01/46 100,000   77,837
Ameriprise Financial Inc.      
4.50% 05/13/32 10,000   9,412
AmerisourceBergen Corp.      
3.45% 12/15/27 50,000   45,922
Amgen Inc.      
3.20% 11/02/27 100,000   91,723
3.35% 02/22/32 30,000   25,622
4.20% 03/01/33 25,000   22,651
4.40% 02/22/62 75,000   58,334
4.56% 06/15/48 50,000   41,797
5.65% 06/15/42 100,000   98,651
Amphenol Corp.      
4.35% 06/01/29 25,000   23,597
  Principal
Amount 		  Fair
Value
Analog Devices Inc.      
3.50% 12/05/26 $75,000   $71,325
Anheuser-Busch InBev Worldwide Inc.      
4.00% 04/13/28 55,000   52,241
4.38% 04/15/38 75,000   64,111
4.50% 06/01/50 100,000   82,225
4.75% 04/15/58 50,000   40,702
5.55% 01/23/49 65,000   61,145
5.80% 01/23/59 50,000   47,766
8.00% 11/15/39 150,000   176,289
Aon Corp./Aon Global Holdings PLC      
2.05% 08/23/31 50,000   37,562
2.60% 12/02/31 35,000   27,355
5.00% 09/12/32 50,000   47,941
Appalachian Power Co.      
4.45% 06/01/45 100,000   79,856
4.50% 08/01/32 45,000   40,512
Apple Inc.      
0.55% 08/20/25 50,000   44,773
1.13% 05/11/25 50,000   45,891
1.20% 02/08/28 75,000   62,787
1.70% 08/05/31 50,000   39,208
2.40% 08/20/50 100,000   62,448
2.80% 02/08/61 50,000   31,334
2.90% 09/12/27 125,000   115,335
3.25% 02/23/26 100,000   95,924
3.35% 08/08/32 50,000   44,488
3.45% 02/09/45 50,000   39,392
3.95% 08/08/52 15,000   12,506
4.10% 08/08/62 25,000   20,497
4.38% 05/13/45 65,000   58,324
4.65% 02/23/46 85,000   79,234
Applied Materials Inc.      
1.75% 06/01/30 75,000   59,281
Aptiv PLC/Aptiv Corp.      
2.40% 02/18/25 20,000   18,688
4.15% 05/01/52 15,000   10,105
Arch Capital Finance LLC      
5.03% 12/15/46 50,000   43,480
Archer-Daniels-Midland Co.      
4.02% 04/16/43 50,000   42,079
Ares Capital Corp.      
4.20% 06/10/24 100,000   96,702
Arizona Public Service Co.      
4.25% 03/01/49 25,000   18,991
Arrow Electronics Inc.      
4.00% 04/01/25 40,000   38,490
Ascension Health      
3.95% 11/15/46 50,000   42,275
Asian Development Bank      
0.38% 09/03/25 150,000   133,812
0.63% 10/08/24 200,000   185,864
1.00% 04/14/26 50,000   44,617
1.63% 03/15/24 75,000   72,181
1.88% 01/24/30 75,000   64,450
3.13% 09/26/28 25,000   23,542
6.22% 08/15/27 200,000   214,664
Assurant Inc.      
4.90% 03/27/28 50,000   47,258
AstraZeneca PLC      
3.38% 11/16/25 100,000   95,485
4.00% 01/17/29 20,000   18,967
6.45% 09/15/37 50,000   53,975
 
See Notes to Schedule of Investments.
State Street Total Return V.I.S. Fund 93
State Street Total Return V.I.S. Fund
Schedule of Investments
September 30, 2022 (Unaudited)
  Principal
Amount 		  Fair
Value
AT&T Inc.      
0.90% 03/25/24 $50,000   $47,366
2.25% 02/01/32 25,000   18,917
3.50% 06/01/41 - 09/15/53 275,000   185,962
3.65% 09/15/59 100,000   64,924
4.30% 02/15/30 270,000   247,104
4.35% 06/15/45 200,000   155,954
4.75% 05/15/46 50,000   41,890
Athene Holding Ltd.      
3.50% 01/15/31 10,000   8,004
Atmos Energy Corp.      
4.30% 10/01/48 50,000   42,128
5.45% 10/15/32 (f) 15,000   15,159
Australia & New Zealand Banking Group Ltd.      
3.70% 11/16/25 50,000   48,282
Automatic Data Processing Inc.      
1.70% 05/15/28 20,000   17,144
AutoNation Inc.      
2.40% 08/01/31 50,000   35,325
AutoZone Inc.      
3.75% 04/18/29 50,000   45,134
AvalonBay Communities Inc.      
2.05% 01/15/32 35,000   27,174
3.90% 10/15/46 50,000   38,620
Baker Hughes Holdings LLC/Baker Hughes Co-Obligor Inc.      
4.08% 12/15/47 75,000   55,779
Baltimore Gas & Electric Co.      
4.55% 06/01/52 5,000   4,308
Banco Santander S.A. (4.18% fixed rate until 03/24/2027; 2.00% + 1 year CMT Rate thereafter)      
4.18% 03/24/28 (g) 100,000   90,479
Bank of America Corp.      
4.18% 11/25/27 50,000   46,327
5.00% 01/21/44 50,000   43,227
6.11% 01/29/37 100,000   96,716
Bank of America Corp. (2.30% fixed rate until 07/21/2031; 1.22% + SOFR thereafter)      
2.30% 07/21/32 (g) 225,000   168,361
Bank of America Corp. (2.57% fixed rate until 10/20/2031; 1.21% + SOFR thereafter)      
2.57% 10/20/32 (g) 25,000   19,140
Bank of America Corp. (2.88% fixed rate until 10/22/2029; 1.19% + 3 month USD LIBOR thereafter)      
2.88% 10/22/30 (g) 100,000   82,081
Bank of America Corp. (2.97% fixed rate until 07/21/51; 1.56% + SOFR thereafter)      
2.97% 07/21/52 (g) 50,000   30,608
Bank of America Corp. (3.09% fixed rate until 10/01/2024; 1.09% + 3 month USD LIBOR thereafter)      
3.09% 10/01/25 (g) 200,000   189,882
Bank of America Corp. (3.19% fixed rate until 07/23/2029; 1.18% + 3 month USD LIBOR thereafter)      
3.19% 07/23/30 (g) 50,000   42,112
  Principal
Amount 		  Fair
Value
Bank of America Corp. (3.42% fixed rate until 12/20/27; 1.04% + 3 month USD LIBOR thereafter)      
3.42% 12/20/28 (g) $107,000   $94,914
Bank of America Corp. (3.46% fixed rate until 03/15/2024; 0.97% + 3 month USD LIBOR thereafter)      
3.46% 03/15/25 (g) 275,000   266,461
Bank of America Corp. (3.97% fixed rate until 03/05/2028; 1.07% + 3 month USD LIBOR thereafter)      
3.97% 03/05/29 (g) 100,000   90,222
Bank of America Corp. (4.08% fixed rate until 03/20/2050; 3.15% + 3 month USD LIBOR thereafter)      
4.08% 03/20/51 (g) 100,000   74,847
Bank of America Corp. (4.24% fixed rate until 04/24/37; 1.81% + 3 month USD LIBOR thereafter)      
4.24% 04/24/38 (g) 50,000   41,225
Bank of America Corp. (4.33% fixed rate until 03/15/2049; 1.52% + 3 month USD LIBOR thereafter)      
4.33% 03/15/50 (g) 100,000   78,633
Bank of America Corp. (4.38% fixed rate until 04/27/2027; 1.58% + SOFR thereafter)      
4.38% 04/27/28 (g) 50,000   46,871
Bank of America Corp. (4.95% fixed rate until 07/22/2027; 2.04% + SOFR thereafter)      
4.95% 07/22/28 (g) 150,000   144,256
Bank of America Corp. (5.02% fixed rate until 07/22/2032; 2.16% + SOFR thereafter)      
5.02% 07/22/33 (g) 125,000   116,286
Bank of Montreal      
1.50% 01/10/25 225,000   207,211
4.70% 09/14/27 25,000   24,159
Bank of New York Mellon Corp. (3.44% fixed rate until 02/07/2027; 1.07% + 3 month USD LIBOR thereafter)      
3.44% 02/07/28 (g) 175,000   161,525
Bank of Nova Scotia      
2.95% 03/11/27 50,000   45,267
4.50% 12/16/25 75,000   72,405
Banner Health      
2.34% 01/01/30 75,000   61,512
Barclays PLC (1.01% fixed rate until 12/10/2023; 0.80% + 1 year CMT Rate thereafter)      
1.01% 12/10/24 (g) 100,000   94,129
Barclays PLC (3.56% fixed rate until 09/23/2030; 2.90% + 5 year CMT Rate thereafter)      
3.56% 09/23/35 (g) 100,000   74,066
Barclays PLC (4.97% fixed rate until 05/16/28; 1.90% + 3 month USD LIBOR thereafter)      
4.97% 05/16/29 (g) 100,000   90,209
 
See Notes to Schedule of Investments.
94 State Street Total Return V.I.S. Fund
State Street Total Return V.I.S. Fund
Schedule of Investments
September 30, 2022 (Unaudited)
  Principal
Amount 		  Fair
Value
Barclays PLC (5.09% fixed rate until 06/20/2029; 3.05% + 3 month USD LIBOR thereafter)      
5.09% 06/20/30 (g) $100,000   $87,074
Barrick Gold Corp.      
5.25% 04/01/42 100,000   91,090
BAT Capital Corp.      
2.79% 09/06/24 100,000   95,163
3.56% 08/15/27 100,000   87,808
3.98% 09/25/50 25,000   15,451
4.39% 08/15/37 50,000   35,721
5.28% 04/02/50 100,000   73,869
Baxalta Inc.      
5.25% 06/23/45 75,000   68,857
Baxter International Inc.      
2.27% 12/01/28 125,000   103,299
Becton Dickinson & Co.      
3.70% 06/06/27 66,000   61,460
4.30% 08/22/32 10,000   9,137
Berkshire Hathaway Finance Corp.      
2.85% 10/15/50 100,000   64,430
2.88% 03/15/32 25,000   21,081
BHP Billiton Finance USA Ltd.      
6.42% 03/01/26 150,000   156,993
Biogen Inc.      
4.05% 09/15/25 100,000   97,072
Black Hills Corp.      
4.35% 05/01/33 30,000   26,501
BlackRock Inc.      
2.40% 04/30/30 20,000   16,543
3.25% 04/30/29 60,000   53,907
Blackstone Private Credit Fund      
2.63% 12/15/26 150,000   123,334
Blackstone Secured Lending Fund      
2.13% 02/15/27 150,000   121,377
Boardwalk Pipelines LP      
3.60% 09/01/32 25,000   19,822
Booking Holdings Inc.      
3.60% 06/01/26 75,000   71,078
Boston Properties LP      
2.55% 04/01/32 75,000   55,391
3.40% 06/21/29 50,000   42,319
Boston Scientific Corp.      
4.55% 03/01/39 50,000   43,230
BP Capital Markets America Inc.      
2.72% 01/12/32 35,000   28,428
2.77% 11/10/50 25,000   15,509
2.94% 06/04/51 100,000   63,495
3.94% 09/21/28 25,000   23,237
4.23% 11/06/28 50,000   47,019
BPCE S.A.      
4.00% 04/15/24 50,000   49,090
Brandywine Operating Partnership LP      
4.55% 10/01/29 25,000   22,118
Brighthouse Financial Inc.      
3.85% 12/22/51 50,000   30,467
Bristol-Myers Squibb Co.      
3.20% 06/15/26 100,000   94,745
3.40% 07/26/29 17,000   15,445
3.55% 03/15/42 15,000   11,769
3.70% 03/15/52 20,000   15,353
  Principal
Amount 		  Fair
Value
4.13% 06/15/39 $15,000   $13,099
4.55% 02/20/48 150,000   131,778
British Telecommunications PLC      
9.63% 12/15/30 50,000   57,784
Brixmor Operating Partnership LP      
3.90% 03/15/27 150,000   136,387
Broadcom Inc.      
3.42% 04/15/33 (e) 150,000   115,086
3.50% 02/15/41 (e) 50,000   33,722
4.30% 11/15/32 25,000   21,059
4.75% 04/15/29 100,000   93,470
5.00% 04/15/30 100,000   92,948
Brookfield Asset Management Inc.      
4.00% 01/15/25 75,000   73,027
Brookfield Finance Inc.      
3.90% 01/25/28 50,000   45,163
Brown & Brown Inc.      
4.20% 03/17/32 15,000   12,899
Burlington Northern Santa Fe LLC      
3.55% 02/15/50 50,000   37,356
3.75% 04/01/24 50,000   49,400
5.40% 06/01/41 50,000   48,855
5.75% 05/01/40 75,000   75,826
California Institute of Technology      
3.65% 09/01/19 20,000   12,523
Camden Property Trust      
3.35% 11/01/49 10,000   6,959
4.10% 10/15/28 10,000   9,355
Campbell Soup Co.      
2.38% 04/24/30 15,000   11,970
Canadian Imperial Bank of Commerce      
3.60% 04/07/32 10,000   8,465
3.95% 08/04/25 25,000   24,165
Canadian National Railway Co.      
2.95% 11/21/24 55,000   52,981
3.85% 08/05/32 25,000   22,839
Canadian Natural Resources Ltd.      
2.05% 07/15/25 100,000   91,410
Canadian Pacific Railway Co.      
1.75% 12/02/26 50,000   43,811
2.05% 03/05/30 20,000   16,025
2.90% 02/01/25 50,000   47,633
Capital One Financial Corp.      
4.20% 10/29/25 75,000   71,962
Capital One Financial Corp. (2.62% fixed rate until 11/02/2031; 1.27% + SOFR thereafter)      
2.62% 11/02/32 (g) 25,000   18,768
Capital One Financial Corp. (4.17% fixed rate until 05/09/2024; 1.37% + SOFR thereafter)      
4.17% 05/09/25 (g) 50,000   48,646
Capital One Financial Corp. (5.25% fixed rate until 07/26/2029; 2.6% + SOFR thereafter)      
5.25% 07/26/30 (g) 50,000   46,772
Cardinal Health Inc.      
3.50% 11/15/24 75,000   72,613
 
See Notes to Schedule of Investments.
State Street Total Return V.I.S. Fund 95
State Street Total Return V.I.S. Fund
Schedule of Investments
September 30, 2022 (Unaudited)
  Principal
Amount 		  Fair
Value
Carlisle Companies Inc.      
2.20% 03/01/32 $50,000   $37,026
Carrier Global Corp.      
2.24% 02/15/25 65,000   60,723
2.49% 02/15/27 15,000   13,311
3.58% 04/05/50 25,000   17,278
Caterpillar Financial Services Corp.      
2.85% 05/17/24 25,000   24,326
3.60% 08/12/27 50,000   47,252
Caterpillar Inc.      
3.25% 04/09/50 25,000   18,444
4.30% 05/15/44 75,000   66,078
CDW LLC/CDW Finance Corp.      
2.67% 12/01/26 70,000   60,737
Celanese US Holdings LLC      
5.90% 07/05/24 100,000   98,661
6.17% 07/15/27 25,000   23,617
Celulosa Arauco y Constitucion S.A.      
3.88% 11/02/27 100,000   86,962
Cenovus Energy Inc.      
6.80% 09/15/37 50,000   50,344
CenterPoint Energy Houston Electric LLC      
4.45% 10/01/32 50,000   47,509
4.50% 04/01/44 75,000   65,092
Charles Schwab Corp.      
2.00% 03/20/28 100,000   86,018
Charter Communications Operating LLC/Charter Communications Operating Capital      
2.80% 04/01/31 65,000   49,317
3.70% 04/01/51 25,000   15,187
4.80% 03/01/50 195,000   139,468
4.91% 07/23/25 50,000   48,792
5.25% 04/01/53 25,000   19,103
6.38% 10/23/35 100,000   92,146
Cheniere Corpus Christi Holdings LLC      
2.74% 12/31/39 55,000   39,653
Chevron USA Inc.      
3.25% 10/15/29 100,000   89,415
Chubb INA Holdings Inc.      
3.15% 03/15/25 50,000   48,014
4.35% 11/03/45 50,000   42,327
Church & Dwight Company Inc.      
5.00% 06/15/52 25,000   22,939
CI Financial Corp.      
4.10% 06/15/51 50,000   29,776
Cigna Corp.      
2.40% 03/15/30 15,000   12,245
4.13% 11/15/25 75,000   72,818
4.38% 10/15/28 40,000   37,775
4.50% 02/25/26 50,000   48,797
4.80% 08/15/38 30,000   26,621
4.90% 12/15/48 80,000   69,291
Cintas Corp. No 2      
3.45% 05/01/25 5,000   4,829
Cisco Systems Inc.      
2.50% 09/20/26 25,000   23,256
5.90% 02/15/39 50,000   52,003
Citigroup Inc.      
3.70% 01/12/26 150,000   141,919
3.88% 03/26/25 50,000   48,011
  Principal
Amount 		  Fair
Value
4.30% 11/20/26 $100,000   $94,592
4.75% 05/18/46 50,000   39,663
Citigroup Inc. (1.46% fixed rate until 06/09/2026; 0.77% + SOFR thereafter)      
1.46% 06/09/27 (g) 150,000   127,696
Citigroup Inc. (2.52% fixed rate until 11/03/2031; 1.18% + SOFR thereafter)      
2.52% 11/03/32 (g) 35,000   26,524
Citigroup Inc. (3.06% fixed rate until 01/25/2032; 1.35% + SOFR thereafter)      
3.06% 01/25/33 (g) 50,000   39,429
Citigroup Inc. (3.35% fixed rate until 04/24/2024; 0.90% + 3 month USD LIBOR thereafter)      
3.35% 04/24/25 (g) 150,000   144,762
Citigroup Inc. (3.79% fixed rate until 03/17/32; 1.94% + SOFR thereafter)      
3.79% 03/17/33 (g) 50,000   41,942
Citigroup Inc. (4.08% fixed rate until 04/23/2028; 1.19% + 3 month USD LIBOR thereafter)      
4.08% 04/23/29 (g) 75,000   67,922
Citigroup Inc. (4.66% fixed rate until 05/24/2027; 1.89% + SOFR thereafter)      
4.66% 05/24/28 (g) 150,000   142,545
Citigroup Inc. (4.91% fixed rate until 05/24/2032; 2.09% + SOFR thereafter)      
4.91% 05/24/33 (g) 50,000   46,003
Citigroup Inc. (5.32% fixed rate until 03/26/2040; 4.55% + SOFR thereafter)      
5.32% 03/26/41 (g) 100,000   90,341
Citigroup Inc. (5.61% fixed rate until 09/29/2025; 1.55% + SOFR thereafter)      
5.61% 09/29/26 25,000   24,862
Citizens Financial Group Inc. (5.64% fixed rate until 05/21/2032; 2.75% + 5 year CMT Rate thereafter)      
5.64% 05/21/37 (g) 50,000   46,167
CME Group Inc.      
2.65% 03/15/32 20,000   16,439
CNH Industrial Capital LLC      
3.95% 05/23/25 10,000   9,645
CNOOC Finance 2014 ULC      
4.25% 04/30/24 100,000   99,145
CNOOC Petroleum North America ULC      
6.40% 05/15/37 25,000   25,512
Colgate-Palmolive Co.      
3.25% 08/15/32 15,000   13,388
Comcast Corp.      
2.89% 11/01/51 150,000   93,693
2.94% 11/01/56 25,000   14,925
3.38% 08/15/25 50,000   48,025
3.40% 07/15/46 100,000   70,360
3.45% 02/01/50 135,000   94,133
3.55% 05/01/28 50,000   45,930
4.25% 10/15/30 200,000   185,284
4.60% 10/15/38 30,000   26,547
6.50% 11/15/35 50,000   53,445
 
See Notes to Schedule of Investments.
96 State Street Total Return V.I.S. Fund
State Street Total Return V.I.S. Fund
Schedule of Investments
September 30, 2022 (Unaudited)
  Principal
Amount 		  Fair
Value
Comerica Inc.      
4.00% 02/01/29 $50,000   $46,429
Commonwealth Edison Co.      
3.13% 03/15/51 50,000   34,033
4.60% 08/15/43 100,000   88,216
Conagra Brands Inc.      
4.30% 05/01/24 5,000   4,923
5.40% 11/01/48 75,000   65,493
ConocoPhillips      
6.50% 02/01/39 50,000   54,234
Consolidated Edison Company of New York Inc.      
4.30% 12/01/56 200,000   153,000
Constellation Brands Inc.      
3.50% 05/09/27 25,000   23,130
3.75% 05/01/50 5,000   3,621
4.35% 05/09/27 50,000   48,032
5.25% 11/15/48 15,000   13,483
Consumers Energy Co.      
4.05% 05/15/48 50,000   40,753
Continental Resources Inc.      
3.80% 06/01/24 85,000   82,433
Cooperatieve Rabobank UA      
0.38% 01/12/24 75,000   70,837
5.75% 12/01/43 100,000   91,301
Corebridge Financial Inc.      
3.65% 04/05/27 (e) 150,000   137,064
Corning Inc.      
3.90% 11/15/49 25,000   17,740
Corp. Andina de Fomento      
2.25% 02/08/27 50,000   44,730
Costco Wholesale Corp.      
1.38% 06/20/27 100,000   86,414
Council Of Europe Development Bank      
2.50% 02/27/24 75,000   73,133
Credit Suisse AG      
3.63% 09/09/24 50,000   47,645
3.70% 02/21/25 75,000   70,419
Credit Suisse Group AG      
4.88% 05/15/45 50,000   35,591
Crown Castle Inc.      
1.35% 07/15/25 50,000   44,885
2.90% 03/15/27 25,000   22,229
5.20% 02/15/49 50,000   43,178
Crown Castle International Corp.      
3.80% 02/15/28 25,000   22,648
CSX Corp.      
4.25% 03/15/29 50,000   47,178
4.65% 03/01/68 85,000   69,093
6.22% 04/30/40 75,000   78,344
CubeSmart LP      
4.38% 02/15/29 15,000   13,869
CVS Health Corp.      
3.88% 07/20/25 50,000   48,501
4.10% 03/25/25 163,000   159,569
4.30% 03/25/28 93,000   87,961
4.78% 03/25/38 95,000   83,261
5.05% 03/25/48 140,000   123,246
Darden Restaurants Inc.      
4.55% 02/15/48 15,000   11,243
Deere & Co.      
2.75% 04/15/25 25,000   23,876
7.13% 03/03/31 75,000   85,558
  Principal
Amount 		  Fair
Value
Dell International LLC/EMC Corp.      
8.35% 07/15/46 $75,000   $81,211
Deutsche Bank AG (3.55% fixed rate until 09/18/2030; 3.04% + SOFR thereafter)      
3.55% 09/18/31 (g) 100,000   76,128
Deutsche Telekom International Finance BV      
8.75% 06/15/30 50,000   57,338
Devon Energy Corp.      
5.00% 06/15/45 25,000   20,831
DH Europe Finance II Sarl      
2.60% 11/15/29 75,000   64,075
3.40% 11/15/49 25,000   17,785
Diageo Capital PLC      
2.13% 04/29/32 100,000   77,482
Diamondback Energy Inc.      
4.40% 03/24/51 25,000   18,881
Discover Financial Services      
3.75% 03/04/25 100,000   95,595
Discovery Communications LLC      
4.65% 05/15/50 125,000   85,671
5.20% 09/20/47 150,000   110,943
Dollar General Corp.      
4.13% 05/01/28 25,000   23,613
Dollar Tree Inc.      
4.00% 05/15/25 50,000   48,461
Dominion Energy Inc.      
3.30% 03/15/25 50,000   48,197
4.25% 06/01/28 50,000   46,870
4.70% 12/01/44 50,000   42,076
DTE Energy Co.      
1.05% 06/01/25 150,000   134,083
Duke Energy Corp. (3.25% fixed rate until 01/15/2027; 2.32% + 5 year CMT Rate thereafter)      
3.25% 01/15/82 (g) 25,000   18,399
Duke Energy Florida LLC      
6.35% 09/15/37 250,000   259,942
Duke Energy Ohio Inc.      
3.65% 02/01/29 100,000   91,602
4.30% 02/01/49 100,000   80,230
Duke Realty LP      
2.25% 01/15/32 50,000   39,002
DuPont de Nemours Inc.      
5.32% 11/15/38 15,000   13,651
5.42% 11/15/48 40,000   35,944
Eagle Materials Inc.      
2.50% 07/01/31 25,000   18,243
Eaton Corp.      
4.15% 03/15/33 30,000   27,103
eBay Inc.      
1.40% 05/10/26 50,000   43,809
Ecolab Inc.      
1.65% 02/01/27 100,000   87,885
2.13% 02/01/32 25,000   19,773
Edison International      
5.75% 06/15/27 100,000   98,037
Elevance Health Inc.      
2.38% 01/15/25 125,000   117,916
4.10% 05/15/32 25,000   22,648
4.38% 12/01/47 65,000   54,047
4.65% 01/15/43 50,000   43,099
 
See Notes to Schedule of Investments.
State Street Total Return V.I.S. Fund 97
State Street Total Return V.I.S. Fund
Schedule of Investments
September 30, 2022 (Unaudited)
  Principal
Amount 		  Fair
Value
Eli Lilly & Co.      
2.25% 05/15/50 $50,000   $31,021
2.75% 06/01/25 22,000   21,043
3.38% 03/15/29 13,000   12,060
Emera US Finance LP      
3.55% 06/15/26 60,000   55,822
Emerson Electric Co.      
2.75% 10/15/50 50,000   32,265
Emory University      
2.14% 09/01/30 40,000   33,024
Enbridge Energy Partners LP      
5.88% 10/15/25 75,000   76,045
Enbridge Inc.      
4.00% 11/15/49 75,000   56,861
Enel Chile S.A.      
4.88% 06/12/28 25,000   23,202
Energy Transfer LP      
3.75% 05/15/30 100,000   84,885
4.95% 05/15/28 60,000   55,948
5.30% 04/15/47 100,000   79,975
6.00% 06/15/48 50,000   43,319
6.50% 02/01/42 50,000   46,504
Enstar Group Ltd.      
3.10% 09/01/31 10,000   7,057
Entergy Arkansas LLC      
3.35% 06/15/52 125,000   85,607
Entergy Texas Inc.      
4.00% 03/30/29 100,000   92,600
Enterprise Products Operating LLC      
4.45% 02/15/43 42,000   34,025
6.45% 09/01/40 200,000   202,320
Enterprise Products Operating LLC (5.38% fixed rate until 02/15/2028; 2.57% + 3 month USD LIBOR thereafter)      
5.38% 02/15/78 (g) 50,000   37,770
Equifax Inc.      
5.10% 12/15/27 25,000   24,231
Equinix Inc.      
2.15% 07/15/30 65,000   49,828
2.63% 11/18/24 65,000   61,428
Equinor ASA      
2.88% 04/06/25 75,000   71,542
3.70% 04/06/50 100,000   77,622
ERP Operating LP      
4.50% 07/01/44 75,000   63,458
Essential Utilities Inc.      
2.70% 04/15/30 25,000   20,589
Essex Portfolio LP      
3.00% 01/15/30 150,000   125,083
European Bank for Reconstruction & Development      
1.63% 09/27/24 25,000   23,731
European Investment Bank      
0.38% 12/15/25 - 03/26/26 150,000   131,602
1.88% 02/10/25 100,000   94,569
2.25% 06/24/24 50,000   48,305
2.63% 03/15/24 385,000   375,841
2.75% 08/15/25 20,000   19,161
3.25% 11/15/27 90,000   86,302
Evergy Metro Inc.      
4.20% 06/15/47 100,000   81,612
Eversource Energy      
4.20% 06/27/24 75,000   73,950
  Principal
Amount 		  Fair
Value
Exelon Corp.      
4.05% 04/15/30 $125,000   $113,291
4.10% 03/15/52 (e) 25,000   19,335
Expedia Group Inc.      
3.80% 02/15/28 75,000   66,450
Extra Space Storage LP      
3.90% 04/01/29 5,000   4,438
Exxon Mobil Corp.      
2.28% 08/16/26 50,000   45,628
2.99% 03/19/25 50,000   48,055
3.04% 03/01/26 50,000   47,274
3.57% 03/06/45 50,000   37,837
4.33% 03/19/50 125,000   106,515
Fairfax Financial Holdings Ltd.      
4.63% 04/29/30 25,000   22,481
Federal Realty Investment Trust      
3.20% 06/15/29 50,000   42,679
FedEx Corp.      
3.90% 02/01/35 125,000   102,402
4.05% 02/15/48 100,000   73,352
Fidelity National Financial Inc.      
4.50% 08/15/28 25,000   23,344
Fidelity National Information Services Inc.      
4.70% 07/15/27 75,000   72,210
5.10% 07/15/32 50,000   47,095
Fifth Third Bancorp (1.71% fixed rate until 11/01/2026; 0.69% + SOFR thereafter)      
1.71% 11/01/27 (g) 25,000   21,661
Fifth Third Bancorp (4.77% fixed rate until 07/28/2029; 2.13% + SOFR thereafter)      
4.77% 07/28/30 (g) 25,000   23,281
Fifth Third Bank NA      
3.85% 03/15/26 75,000   70,823
Fiserv Inc.      
3.50% 07/01/29 120,000   104,568
Flex Ltd.      
4.88% 06/15/29 25,000   22,607
Florida Power & Light Co.      
4.13% 02/01/42 50,000   41,858
5.95% 02/01/38 25,000   25,728
Fomento Economico Mexicano SAB de C.V.      
3.50% 01/16/50 75,000   51,338
Fortune Brands Home & Security Inc.      
4.00% 03/25/32 25,000   20,825
Fox Corp.      
4.03% 01/25/24 100,000   98,588
Freeport-McMoRan Inc.      
4.63% 08/01/30 25,000   22,077
5.40% 11/14/34 50,000   44,425
FS KKR Capital Corp.      
4.13% 02/01/25 25,000   23,500
GATX Corp.      
3.50% 03/15/28 25,000   22,074
4.90% 03/15/33 25,000   22,309
GE Capital International Funding Company Unlimited Co.      
4.42% 11/15/35 100,000   89,704
General Dynamics Corp.      
4.25% 04/01/40 25,000   21,944
 
See Notes to Schedule of Investments.
98 State Street Total Return V.I.S. Fund
State Street Total Return V.I.S. Fund
Schedule of Investments
September 30, 2022 (Unaudited)
  Principal
Amount 		  Fair
Value
General Mills Inc.      
2.88% 04/15/30 $75,000   $63,769
General Motors Co.      
5.15% 04/01/38 250,000   202,487
5.40% 10/02/23 100,000   99,993
5.60% 10/15/32 25,000   22,300
General Motors Financial Company Inc.      
2.70% 08/20/27 100,000   84,659
5.00% 04/09/27 15,000   14,223
Georgia Power Co.      
2.65% 09/15/29 75,000   62,003
4.70% 05/15/32 25,000   23,458
Gilead Sciences Inc.      
3.65% 03/01/26 75,000   71,358
3.70% 04/01/24 50,000   49,244
4.80% 04/01/44 50,000   43,626
5.65% 12/01/41 50,000   48,632
GlaxoSmithKline Capital Inc.      
3.63% 05/15/25 55,000   53,484
GlaxoSmithKline Capital PLC      
3.38% 06/01/29 75,000   68,089
Global Payments Inc.      
2.65% 02/15/25 100,000   93,360
5.40% 08/15/32 25,000   23,177
Globe Life Inc.      
4.80% 06/15/32 15,000   13,894
GLP Capital LP/GLP Financing II Inc.      
4.00% 01/15/31 50,000   40,909
5.25% 06/01/25 10,000   9,679
5.38% 04/15/26 20,000   19,125
5.75% 06/01/28 10,000   9,411
GSK Consumer Healthcare Capital US LLC      
3.02% 03/24/24 (e) 100,000   96,834
Halliburton Co.      
2.92% 03/01/30 75,000   62,563
Hasbro Inc.      
3.90% 11/19/29 50,000   43,794
HCA Inc.      
3.38% 03/15/29 (e) 125,000   105,774
5.00% 03/15/24 50,000   49,662
5.38% 09/01/26 100,000   96,930
5.50% 06/15/47 85,000   71,637
Hess Corp.      
5.80% 04/01/47 75,000   67,332
Hewlett Packard Enterprise Co.      
4.45% 10/02/23 100,000   99,505
Highwoods Realty LP      
4.20% 04/15/29 25,000   21,822
Honeywell International Inc.      
3.35% 12/01/23 50,000   49,402
5.38% 03/01/41 50,000   50,772
Hormel Foods Corp.      
1.80% 06/11/30 75,000   59,869
Host Hotels & Resorts LP      
3.38% 12/15/29 50,000   40,694
HP Inc.      
4.20% 04/15/32 25,000   20,355
5.50% 01/15/33 15,000   13,304
6.00% 09/15/41 37,000   32,166
HSBC Holdings PLC      
4.95% 03/31/30 100,000   92,015
5.25% 03/14/44 75,000   60,735
  Principal
Amount 		  Fair
Value
HSBC Holdings PLC (3.80% fixed rate until 03/11/2024; 1.21% + 3 month USD LIBOR thereafter)      
3.80% 03/11/25 (g) $200,000   $193,396
HSBC Holdings PLC (3.97% fixed rate until 05/22/2029; 1.61% + 3 month USD LIBOR thereafter)      
3.97% 05/22/30 (g) 100,000   84,437
HSBC Holdings PLC (4.29% fixed rate until 09/12/25; 1.35% + 3 month USD LIBOR thereafter)      
4.29% 09/12/26 (g) 50,000   47,176
HSBC Holdings PLC (4.58% fixed rate until 06/19/2028; 1.53% + 3 month USD LIBOR thereafter)      
4.58% 06/19/29 (g) 200,000   178,146
HSBC Holdings PLC (4.76% fixed rate until 03/29/2032; 2.53% + SOFR thereafter)      
4.76% 03/29/33 (g) 100,000   82,553
Hubbell Inc.      
3.50% 02/15/28 50,000   45,848
Humana Inc.      
1.35% 02/03/27 150,000   126,387
Huntington Bancshares Inc. (5.02% fixed rate until 05/17/2032; 2.05% + SOFR thereafter)      
5.02% 05/17/33 (g) 35,000   32,509
Huntsman International LLC      
4.50% 05/01/29 20,000   17,622
Hyatt Hotels Corp.      
6.00% 04/23/30 25,000   24,165
IDEX Corp.      
3.00% 05/01/30 10,000   8,405
Illinois Tool Works Inc.      
2.65% 11/15/26 50,000   46,398
Indiana University Health Inc. Obligated Group      
2.85% 11/01/51 15,000   9,660
ING Groep N.V.      
3.55% 04/09/24 100,000   97,461
4.05% 04/09/29 50,000   44,202
Intel Corp.      
2.45% 11/15/29 25,000   20,894
3.75% 03/25/27 50,000   47,859
4.10% 05/19/46 100,000   80,156
4.15% 08/05/32 25,000   22,817
4.60% 03/25/40 50,000   44,059
4.90% 08/05/52 25,000   22,063
4.95% 03/25/60 100,000   85,449
Inter-American Development Bank      
1.13% 01/13/31 75,000   59,915
2.13% 01/15/25 200,000   190,386
2.25% 06/18/29 150,000   133,444
7.00% 06/15/25 200,000   212,604
Intercontinental Exchange Inc.      
3.00% 06/15/50 15,000   9,791
3.65% 05/23/25 75,000   72,556
4.60% 03/15/33 15,000   13,982
5.20% 06/15/62 50,000   44,844
International Bank for Reconstruction & Development      
0.63% 04/22/25 250,000   227,745
 
See Notes to Schedule of Investments.
State Street Total Return V.I.S. Fund 99
State Street Total Return V.I.S. Fund
Schedule of Investments
September 30, 2022 (Unaudited)
  Principal
Amount 		  Fair
Value
1.25% 02/10/31 $150,000   $121,081
1.75% 10/23/29 250,000   214,385
2.50% 03/19/24 - 07/29/25 300,000   290,002
3.13% 06/15/27 50,000   47,774
International Business Machines Corp.      
4.00% 06/20/42 50,000   39,324
4.25% 05/15/49 100,000   79,042
4.40% 07/27/32 100,000   92,242
6.22% 08/01/27 100,000   104,747
International Finance Corp.      
0.38% 07/16/25 100,000   89,716
International Flavors & Fragrances Inc.      
5.00% 09/26/48 15,000   12,567
International Paper Co.      
4.80% 06/15/44 150,000   125,148
Interstate Power & Light Co.      
6.25% 07/15/39 75,000   76,613
Invitation Homes Operating Partnership LP      
2.70% 01/15/34 15,000   10,586
Jabil Inc.      
4.25% 05/15/27 15,000   13,992
JBS USA LUX SA/JBS USA Food Co./JBS USA Finance Inc.      
5.13% 02/01/28 (e) 50,000   46,695
5.75% 04/01/33 (e) 35,000   31,661
6.50% 12/01/52 (e) 15,000   13,307
Jefferies Group LLC      
2.75% 10/15/32 35,000   24,917
Jefferies Group LLC/Jefferies Group Capital Finance Inc.      
4.85% 01/15/27 75,000   71,650
John Deere Capital Corp.      
1.45% 01/15/31 70,000   53,621
2.35% 03/08/27 25,000   22,545
3.35% 04/18/29 50,000   45,559
3.45% 03/13/25 50,000   48,586
Johnson & Johnson      
2.45% 03/01/26 100,000   93,614
3.40% 01/15/38 25,000   20,770
3.55% 03/01/36 150,000   129,430
Johnson Controls International PLC      
6.00% 01/15/36 75,000   75,289
JPMorgan Chase & Co.      
3.63% 12/01/27 100,000   90,866
6.40% 05/15/38 100,000   102,402
JPMorgan Chase & Co. (2.01% fixed rate until 03/13/2025; 1.59% + 3-month Term SOFR thereafter)      
2.01% 03/13/26 (g) 100,000   91,524
JPMorgan Chase & Co. (2.18% fixed rate until 06/01/2027; 1.89% + SOFR thereafter)      
2.18% 06/01/28 (g) 150,000   127,524
JPMorgan Chase & Co. (2.95% fixed rate until 02/24/2027; 1.17% + SOFR thereafter)      
2.95% 02/24/28 (g) 30,000   26,586
  Principal
Amount 		  Fair
Value
JPMorgan Chase & Co. (3.11% fixed rate until 04/22/2040; 2.46% + SOFR thereafter)      
3.11% 04/22/41 (g) $75,000   $51,734
JPMorgan Chase & Co. (3.70% fixed rate until 05/06/2029; 1.16% + 3 month USD LIBOR thereafter)      
3.70% 05/06/30 (g) 75,000   65,590
JPMorgan Chase & Co. (3.88% fixed rate until 07/24/37; 1.36% + 3 month USD LIBOR thereafter)      
3.88% 07/24/38 (g) 100,000   78,453
JPMorgan Chase & Co. (3.90% fixed rate until 01/23/48; 1.22% + 3 month USD LIBOR thereafter)      
3.90% 01/23/49 (g) 25,000   18,542
JPMorgan Chase & Co. (3.96% fixed rate until 01/29/26; 1.25% + 3 month USD LIBOR thereafter)      
3.96% 01/29/27 (g) 450,000   424,597
JPMorgan Chase & Co. (3.96% fixed rate until 11/15/2047; 1.38% + 3 month USD LIBOR thereafter)      
3.96% 11/15/48 (g) 100,000   74,879
JPMorgan Chase & Co. (4.02% fixed rate until 12/05/2023; 1.00% + 3 month USD LIBOR thereafter)      
4.02% 12/05/24 (g) 50,000   49,212
JPMorgan Chase & Co. (4.26% fixed rate until 02/22/2047; 1.58% + 3 month USD LIBOR thereafter)      
4.26% 02/22/48 (g) 50,000   39,383
JPMorgan Chase & Co. (4.45% fixed rate until 12/05/2028; 1.33% + 3 month USD LIBOR thereafter)      
4.45% 12/05/29 (g) 50,000   45,736
JPMorgan Chase & Co. (4.49% fixed rate until 03/24/30; 3.79% + SOFR thereafter)      
4.49% 03/24/31 (g) 150,000   136,701
JPMorgan Chase & Co. (4.59% fixed rate until 04/26/2032; 1.80% + SOFR thereafter)      
4.59% 04/26/33 (g) 40,000   36,020
JPMorgan Chase & Co. (5.72% fixed rate until 09/14/2032; 2.58% + SOFR thereafter)      
5.72% 09/14/33 (g) 75,000   70,862
Kaiser Foundation Hospitals      
3.00% 06/01/51 70,000   46,253
Kansas City Southern      
4.70% 05/01/48 50,000   42,733
Kellogg Co.      
4.50% 04/01/46 50,000   42,679
Kemper Corp.      
3.80% 02/23/32 25,000   20,728
 
See Notes to Schedule of Investments.
100 State Street Total Return V.I.S. Fund
State Street Total Return V.I.S. Fund
Schedule of Investments
September 30, 2022 (Unaudited)
  Principal
Amount 		  Fair
Value
Kennametal Inc.      
4.63% 06/15/28 $25,000   $23,148
Kentucky Utilities Co.      
4.38% 10/01/45 40,000   33,233
Keurig Dr Pepper Inc.      
4.05% 04/15/32 35,000   30,800
4.42% 05/25/25 75,000   73,878
4.50% 04/15/52 50,000   39,549
KeyBank NA/Cleveland OH      
3.90% 04/13/29 100,000   88,058
KeyCorp. (3.88% fixed rate until 05/23/2024; 1.25% + SOFR thereafter)      
3.88% 05/23/25 (g) 20,000   19,499
Keysight Technologies Inc.      
3.00% 10/30/29 25,000   21,240
Kilroy Realty LP      
3.45% 12/15/24 50,000   47,925
Kimberly-Clark Corp.      
2.00% 11/02/31 50,000   39,345
Kimco Realty Corp.      
4.60% 02/01/33 25,000   22,606
Kinder Morgan Energy Partners LP      
5.00% 08/15/42 50,000   40,987
KLA Corp.      
4.65% 11/01/24 25,000   24,935
4.95% 07/15/52 25,000   22,708
Kraft Heinz Foods Co.      
6.88% 01/26/39 150,000   154,429
Kreditanstalt fuer Wiederaufbau      
0.38% 07/18/25 50,000   44,826
0.50% 09/20/24 175,000   162,524
0.75% 09/30/30 75,000   58,258
1.25% 01/31/25 150,000   139,857
2.00% 05/02/25 75,000   70,747
3.00% 05/20/27 175,000   166,427
Kyndryl Holdings Inc.      
2.70% 10/15/28 75,000   55,167
L3Harris Technologies Inc.      
3.83% 04/27/25 50,000   48,327
4.85% 04/27/35 40,000   36,470
Laboratory Corporation of America Holdings      
4.00% 11/01/23 100,000   98,993
Lam Research Corp.      
3.80% 03/15/25 65,000   63,548
Landwirtschaftliche Rentenbank      
3.13% 11/14/23 200,000   197,296
Lear Corp.      
4.25% 05/15/29 25,000   22,028
Lennar Corp.      
5.25% 06/01/26 100,000   97,483
Lincoln National Corp.      
3.40% 03/01/32 100,000   81,982
Lloyds Banking Group PLC      
4.65% 03/24/26 50,000   47,019
Lloyds Banking Group PLC (3.57% fixed rate until 11/07/2027; 1.21% + 3 month USD LIBOR thereafter)      
3.57% 11/07/28 (g) 200,000   175,290
Lockheed Martin Corp.      
3.80% 03/01/45 25,000   19,899
  Principal
Amount 		  Fair
Value
4.15% 06/15/53 $45,000   $37,719
4.70% 05/15/46 50,000   45,339
Lowe's Companies Inc.      
1.70% 10/15/30 45,000   33,963
2.50% 04/15/26 80,000   73,769
2.63% 04/01/31 25,000   20,093
3.00% 10/15/50 30,000   18,345
3.38% 09/15/25 30,000   28,647
4.25% 04/01/52 50,000   38,075
4.65% 04/15/42 100,000   84,231
LYB International Finance III LLC      
3.80% 10/01/60 75,000   47,054
M&T Bank Corp. (4.55% fixed rate until 08/16/2027; 1.78% + SOFR thereafter)      
4.55% 08/16/28 (g) 15,000   14,447
Magellan Midstream Partners LP      
3.25% 06/01/30 75,000   63,936
Manulife Financial Corp.      
3.70% 03/16/32 50,000   43,896
Marathon Petroleum Corp.      
3.63% 09/15/24 50,000   48,481
4.50% 04/01/48 25,000   19,025
Markel Corp.      
3.50% 11/01/27 50,000   45,398
Marriott International Inc.      
3.75% 10/01/25 50,000   47,526
5.00% 10/15/27 55,000   53,124
5.75% 05/01/25 40,000   40,434
Marsh & McLennan Companies Inc.      
4.75% 03/15/39 100,000   90,051
Martin Marietta Materials Inc.      
3.50% 12/15/27 50,000   46,134
Marvell Technology Inc.      
1.65% 04/15/26 25,000   21,860
Masco Corp.      
1.50% 02/15/28 75,000   60,514
Massachusetts Institute of Technology      
3.89% 07/01/16 126,000   90,531
Mastercard Inc.      
2.00% 03/03/25 100,000   94,210
2.95% 11/21/26 50,000   46,701
McDonald's Corp.      
3.50% 07/01/27 25,000   23,380
3.63% 09/01/49 55,000   40,097
3.70% 01/30/26 50,000   48,257
3.80% 04/01/28 50,000   46,954
4.60% 09/09/32 35,000   33,465
Memorial Sloan-Kettering Cancer Center      
4.13% 07/01/52 95,000   78,978
Merck & Company Inc.      
2.75% 12/10/51 25,000   16,266
3.40% 03/07/29 75,000   68,879
3.70% 02/10/45 50,000   39,298
4.00% 03/07/49 40,000   33,006
6.50% 12/01/33 100,000   110,544
Mercy Health      
4.30% 07/01/28 100,000   94,088
Meta Platforms Inc.      
4.45% 08/15/52 (e) 75,000   61,268
MetLife Inc.      
4.13% 08/13/42 25,000   20,419
 
See Notes to Schedule of Investments.
State Street Total Return V.I.S. Fund 101
State Street Total Return V.I.S. Fund
Schedule of Investments
September 30, 2022 (Unaudited)
  Principal
Amount 		  Fair
Value
5.00% 07/15/52 $30,000   $27,351
6.50% 12/15/32 50,000   53,313
Microchip Technology Inc.      
4.25% 09/01/25 75,000   72,544
Micron Technology Inc.      
4.66% 02/15/30 75,000   66,967
Microsoft Corp.      
2.53% 06/01/50 200,000   131,542
2.68% 06/01/60 50,000   31,669
3.13% 11/03/25 125,000   120,221
3.30% 02/06/27 100,000   95,287
3.45% 08/08/36 48,000   41,950
4.25% 02/06/47 50,000   45,355
Mitsubishi UFJ Financial Group Inc.      
3.85% 03/01/26 200,000   189,616
4.05% 09/11/28 100,000   91,500
4.15% 03/07/39 25,000   20,591
Mitsubishi UFJ Financial Group Inc. (5.13% fixed rate until 07/20/2032; 2.13% + 1 year CMT Rate thereafter)      
5.13% 07/20/33 (g) 125,000   117,139
Mizuho Financial Group Inc.      
4.02% 03/05/28 100,000   91,459
Mizuho Financial Group Inc. (2.84% fixed rate until 07/16/2024; 1.24% + SOFR thereafter)      
2.84% 07/16/25 (g) 100,000   94,722
Mondelez International Inc.      
2.75% 04/13/30 100,000   83,178
Moody's Corp.      
3.25% 05/20/50 50,000   33,764
3.75% 03/24/25 50,000   48,471
Morgan Stanley      
4.00% 07/23/25 95,000   92,211
4.35% 09/08/26 50,000   47,748
4.38% 01/22/47 75,000   59,972
Morgan Stanley (2.19% fixed rate until 04/28/2025; 1.99% + SOFR thereafter)      
2.19% 04/28/26 (g) 200,000   183,514
Morgan Stanley (2.48% fixed rate until 09/16/31; 1.36% + SOFR thereafter)      
2.48% 09/16/36 (g) 50,000   35,829
Morgan Stanley (2.51% fixed rate until 10/20/2031; 1.20% + SOFR thereafter)      
2.51% 10/20/32 (g) 75,000   57,408
Morgan Stanley (2.80% fixed rate until 01/25/51; 1.43% + SOFR thereafter)      
2.80% 01/25/52 (g) 25,000   15,072
Morgan Stanley (3.77% fixed rate until 01/24/2028; 1.14% + 3 month USD LIBOR thereafter)      
3.77% 01/24/29 (g) 100,000   90,113
Morgan Stanley (4.21% fixed rate until 04/20/2027; 1.61% + SOFR thereafter)      
4.21% 04/20/28 (g) 250,000   233,840
Morgan Stanley (4.46% fixed rate until 04/22/2038; 1.43% + 3 month USD LIBOR thereafter)      
4.46% 04/22/39 (g) 50,000   42,288
  Principal
Amount 		  Fair
Value
Morgan Stanley (4.68% fixed rate until 07/17/2025; 1.67% + SOFR thereafter)      
4.68% 07/17/26 (g) $125,000   $121,694
Morgan Stanley (4.89% fixed rate until 07/20/2032; 2.08% + SOFR thereafter)      
4.89% 07/20/33 (g) 60,000   55,792
Motorola Solutions Inc.      
5.60% 06/01/32 50,000   47,420
MPLX LP      
4.80% 02/15/29 70,000   65,416
4.95% 09/01/32 50,000   45,435
5.50% 02/15/49 50,000   42,612
Nasdaq Inc.      
3.25% 04/28/50 20,000   13,157
National Australia Bank Ltd.      
3.50% 06/09/25 100,000   96,388
National Bank of Canada (0.55% fixed rate until 11/15/2023; 0.40% + 1 year CMT Rate thereafter)      
0.55% 11/15/24 (g) 50,000   47,379
National Fuel Gas Co.      
4.75% 09/01/28 50,000   45,895
National Rural Utilities Cooperative Finance Corp.      
1.35% 03/15/31 50,000   36,589
3.45% 06/15/25 15,000   14,440
4.40% 11/01/48 10,000   8,360
Natwest Group PLC (3.75% fixed rate until 11/01/24; 2.10% + 5 year CMT Rate thereafter)      
3.75% 11/01/29 (g) 100,000   92,588
Natwest Group PLC (4.89% fixed rate until 05/18/2028; 1.75% + 3 month USD LIBOR thereafter)      
4.89% 05/18/29 (g) 100,000   91,122
Nevada Power Co.      
3.70% 05/01/29 125,000   114,102
Newmont Corp.      
2.60% 07/15/32 50,000   37,983
NextEra Energy Capital Holdings Inc.      
2.94% 03/21/24 40,000   38,879
3.50% 04/01/29 50,000   44,479
4.26% 09/01/24 15,000   14,781
4.45% 06/20/25 100,000   98,346
NIKE Inc.      
2.85% 03/27/30 75,000   65,270
NiSource Inc.      
3.95% 03/30/48 150,000   111,388
Nomura Holdings Inc.      
1.85% 07/16/25 100,000   90,251
5.10% 07/03/25 50,000   49,270
Nordic Investment Bank      
0.38% 09/11/25 75,000   66,845
Norfolk Southern Corp.      
3.16% 05/15/55 50,000   32,042
3.70% 03/15/53 25,000   18,251
3.80% 08/01/28 30,000   27,937
3.94% 11/01/47 35,000   27,258
Northern Trust Corp.      
1.95% 05/01/30 40,000   31,792
Northrop Grumman Corp.      
2.93% 01/15/25 50,000   47,740
 
See Notes to Schedule of Investments.
102 State Street Total Return V.I.S. Fund
State Street Total Return V.I.S. Fund
Schedule of Investments
September 30, 2022 (Unaudited)
  Principal
Amount 		  Fair
Value
4.03% 10/15/47 $50,000   $39,673
5.15% 05/01/40 75,000   70,207
Northwell Healthcare Inc.      
3.81% 11/01/49 50,000   37,084
Northwestern University      
3.66% 12/01/57 10,000   7,789
Novartis Capital Corp.      
2.00% 02/14/27 150,000   134,553
4.40% 05/06/44 50,000   45,034
Nucor Corp.      
2.70% 06/01/30 75,000   61,649
3.13% 04/01/32 10,000   8,199
Nutrien Ltd.      
5.88% 12/01/36 75,000   74,438
NVIDIA Corp.      
0.58% 06/14/24 40,000   37,388
1.55% 06/15/28 50,000   41,458
NXP BV/NXP Funding LLC      
5.55% 12/01/28 100,000   96,934
NXP BV/NXP Funding LLC/NXP USA Inc.      
3.13% 02/15/42 75,000   47,668
Oesterreichische Kontrollbank AG      
1.50% 02/12/25 50,000   46,802
2.88% 05/23/25 25,000   24,071
Office Properties Income Trust      
4.50% 02/01/25 75,000   67,663
Oglethorpe Power Corp.      
4.50% 04/01/47 (e) 15,000   11,752
OhioHealth Corp.      
2.83% 11/15/41 25,000   17,364
Oklahoma Gas & Electric Co.      
3.30% 03/15/30 50,000   43,458
Omega Healthcare Investors Inc.      
5.25% 01/15/26 150,000   145,482
Omnicom Group Inc.      
4.20% 06/01/30 75,000   67,999
Oncor Electric Delivery Company LLC      
4.15% 06/01/32 (e) 20,000   18,628
4.60% 06/01/52 (e) 50,000   44,475
ONE Gas Inc.      
1.10% 03/11/24 20,000   19,192
4.50% 11/01/48 20,000   15,820
ONEOK Inc.      
4.35% 03/15/29 50,000   44,634
4.50% 03/15/50 50,000   36,094
ONEOK Partners LP      
6.13% 02/01/41 62,000   55,034
Oracle Corp.      
2.95% 05/15/25 - 04/01/30 325,000   292,281
3.25% 05/15/30 50,000   41,163
3.60% 04/01/40 50,000   33,907
4.30% 07/08/34 75,000   61,257
4.38% 05/15/55 200,000   135,642
4.50% 07/08/44 75,000   55,114
Orange S.A.      
9.00% 03/01/31 50,000   60,002
ORIX Corp.      
5.20% 09/13/32 100,000   95,423
Otis Worldwide Corp.      
2.06% 04/05/25 50,000   46,317
Owens Corning      
3.88% 06/01/30 25,000   21,855
  Principal
Amount 		  Fair
Value
PACCAR Financial Corp.      
3.15% 06/13/24 $15,000   $14,646
Pacific Gas & Electric Co.      
1.70% 11/15/23 15,000   14,304
3.25% 06/01/31 60,000   45,712
3.30% 12/01/27 250,000   211,370
3.50% 08/01/50 50,000   30,472
4.20% 06/01/41 115,000   78,761
4.40% 03/01/32 25,000   20,587
PacifiCorp      
6.25% 10/15/37 203,000   207,080
Paramount Global      
4.95% 01/15/31 100,000   88,234
5.85% 09/01/43 25,000   19,956
Parker-Hannifin Corp.      
4.00% 06/14/49 20,000   15,383
4.25% 09/15/27 110,000   104,766
PayPal Holdings Inc.      
2.40% 10/01/24 150,000   143,301
PeaceHealth Obligated Group      
3.22% 11/15/50 25,000   16,336
PepsiCo Inc.      
2.75% 03/19/30 50,000   43,335
3.38% 07/29/49 135,000   103,268
3.45% 10/06/46 25,000   19,573
3.50% 07/17/25 150,000   146,052
PerkinElmer Inc.      
2.25% 09/15/31 35,000   26,332
3.30% 09/15/29 15,000   12,600
Pfizer Inc.      
4.00% 03/15/49 100,000   85,718
4.13% 12/15/46 50,000   43,431
4.30% 06/15/43 50,000   43,954
Philip Morris International Inc.      
1.75% 11/01/30 75,000   54,604
3.38% 08/15/29 50,000   42,749
3.88% 08/21/42 42,000   28,219
Phillips 66 Co.      
3.15% 12/15/29 (e) 50,000   42,126
4.90% 10/01/46 (e) 150,000   128,851
Pioneer Natural Resources Co.      
1.13% 01/15/26 50,000   43,665
Plains All American Pipeline LP/PAA Finance Corp.      
3.55% 12/15/29 200,000   166,838
PNC Bank NA      
3.10% 10/25/27 100,000   91,334
President & Fellows of Harvard College      
3.15% 07/15/46 50,000   38,443
Principal Financial Group Inc.      
3.40% 05/15/25 50,000   47,921
Prologis LP      
4.38% 02/01/29 65,000   61,617
Providence St Joseph Health Obligated Group      
3.93% 10/01/48 20,000   15,738
Prudential Financial Inc.      
4.42% 03/27/48 150,000   125,547
Public Service Co. of Colorado      
2.70% 01/15/51 50,000   31,919
Public Service Co. of New Hampshire      
3.60% 07/01/49 150,000   112,981
 
See Notes to Schedule of Investments.
State Street Total Return V.I.S. Fund 103
State Street Total Return V.I.S. Fund
Schedule of Investments
September 30, 2022 (Unaudited)
  Principal
Amount 		  Fair
Value
Public Service Company of Colorado      
3.70% 06/15/28 $50,000   $46,702
4.10% 06/15/48 30,000   24,449
Public Service Electric & Gas Co.      
3.20% 08/01/49 40,000   27,960
3.80% 03/01/46 75,000   58,894
Public Service Enterprise Group Inc.      
2.88% 06/15/24 15,000   14,435
Public Storage      
2.25% 11/09/31 75,000   59,122
Puget Energy Inc.      
3.65% 05/15/25 50,000   47,350
QUALCOMM Inc.      
3.25% 05/20/50 65,000   46,972
4.25% 05/20/32 10,000   9,444
4.65% 05/20/35 50,000   47,015
Quest Diagnostics Inc.      
4.25% 04/01/24 50,000   49,461
Raymond James Financial Inc.      
3.75% 04/01/51 75,000   53,149
Raytheon Technologies Corp.      
3.13% 05/04/27 - 07/01/50 150,000   125,483
3.95% 08/16/25 15,000   14,630
4.15% 05/15/45 100,000   80,072
4.63% 11/16/48 15,000   12,950
Realty Income Corp.      
3.10% 12/15/29 25,000   21,454
3.25% 01/15/31 75,000   63,691
4.60% 02/06/24 20,000   19,929
Regency Centers LP      
4.13% 03/15/28 25,000   22,983
Regeneron Pharmaceuticals Inc.      
1.75% 09/15/30 45,000   34,057
Reliance Steel & Aluminum Co.      
1.30% 08/15/25 55,000   49,025
RELX Capital Inc.      
4.00% 03/18/29 25,000   22,964
RenaissanceRe Holdings Ltd.      
3.60% 04/15/29 25,000   22,156
Rio Tinto Finance USA Ltd.      
5.20% 11/02/40 50,000   48,487
Rockwell Automation Inc.      
3.50% 03/01/29 45,000   41,351
Rogers Communications Inc.      
4.50% 03/15/42 (e) 10,000   8,077
7.50% 08/15/38 150,000   166,458
Roper Technologies Inc.      
3.80% 12/15/26 75,000   71,044
Ross Stores Inc.      
4.60% 04/15/25 50,000   49,539
Royal Bank of Canada      
0.88% 01/20/26 125,000   108,650
3.88% 05/04/32 50,000   44,056
4.24% 08/03/27 50,000   47,778
Royalty Pharma PLC      
1.20% 09/02/25 125,000   110,610
RPM International Inc.      
4.25% 01/15/48 50,000   36,592
Ryder System Inc.      
1.75% 09/01/26 15,000   13,121
4.30% 06/15/27 10,000   9,479
  Principal
Amount 		  Fair
Value
S&P Global Inc.      
2.45% 03/01/27 (e) $75,000   $67,333
3.70% 03/01/52 (e) 50,000   37,859
Sabine Pass Liquefaction LLC      
5.63% 03/01/25 135,000   134,770
Sabra Health Care LP      
3.90% 10/15/29 25,000   20,468
Safehold Operating Partnership LP      
2.85% 01/15/32 25,000   18,554
Salesforce Inc.      
2.70% 07/15/41 50,000   34,469
3.05% 07/15/61 25,000   15,623
Santander Holdings USA Inc. (4.26% fixed rate until 06/09/2024; 1.38% + SOFR thereafter)      
4.26% 06/09/25 (g) 110,000   105,725
Santander UK Group Holdings PLC (1.53% fixed rate until 08/21/2025; 1.25% + 1 year CMT Rate thereafter)      
1.53% 08/21/26 (g) 100,000   86,650
Sempra Energy      
3.80% 02/01/38 25,000   19,510
Shell International Finance BV      
3.13% 11/07/49 75,000   51,550
3.25% 05/11/25 100,000   96,141
3.50% 11/13/23 25,000   24,744
4.00% 05/10/46 50,000   39,856
4.38% 05/11/45 50,000   42,067
6.38% 12/15/38 50,000   53,053
Simon Property Group LP      
2.00% 09/13/24 100,000   94,496
3.25% 09/13/49 50,000   32,342
Snap-on Inc.      
3.10% 05/01/50 15,000   10,711
Sonoco Products Co.      
3.13% 05/01/30 75,000   62,495
Southern California Edison Co.      
3.45% 02/01/52 25,000   16,825
3.60% 02/01/45 50,000   33,633
3.90% 03/15/43 175,000   128,509
4.20% 03/01/29 25,000   23,118
Southern California Gas Co.      
2.55% 02/01/30 50,000   41,942
Southern Copper Corp.      
3.88% 04/23/25 100,000   95,644
Southwest Airlines Co.      
3.00% 11/15/26 50,000   45,607
Southwest Gas Corp.      
4.05% 03/15/32 15,000   12,645
Southwestern Electric Power Co.      
3.25% 11/01/51 25,000   16,002
Spirit Realty LP      
2.70% 02/15/32 30,000   21,663
Stanley Black & Decker Inc.      
3.40% 03/01/26 75,000   70,984
Starbucks Corp.      
3.00% 02/14/32 45,000   37,320
3.75% 12/01/47 35,000   25,858
3.80% 08/15/25 50,000   48,559
Stryker Corp.      
0.60% 12/01/23 75,000   71,476
4.63% 03/15/46 25,000   21,782
 
See Notes to Schedule of Investments.
104 State Street Total Return V.I.S. Fund
State Street Total Return V.I.S. Fund
Schedule of Investments
September 30, 2022 (Unaudited)
  Principal
Amount 		  Fair
Value
Sumitomo Mitsui Financial Group Inc.      
1.47% 07/08/25 $50,000   $45,049
2.14% 09/23/30 25,000   18,766
2.70% 07/16/24 175,000   167,288
3.01% 10/19/26 100,000   91,133
3.35% 10/18/27 50,000   44,692
4.31% 10/16/28 25,000   23,537
Suncor Energy Inc.      
6.85% 06/01/39 50,000   51,100
Suzano Austria GmbH      
3.75% 01/15/31 55,000   42,976
SVB Financial Group      
1.80% 10/28/26 150,000   128,815
Synchrony Financial      
3.95% 12/01/27 25,000   21,790
Sysco Corp.      
3.25% 07/15/27 75,000   68,346
6.60% 04/01/40 50,000   52,978
Takeda Pharmaceutical Company Ltd.      
5.00% 11/26/28 100,000   97,030
Tampa Electric Co.      
4.30% 06/15/48 25,000   20,569
Tapestry Inc.      
3.05% 03/15/32 25,000   18,702
Targa Resources Partners LP/Targa Resources Partners Finance Corp.      
4.00% 01/15/32 75,000   61,991
Target Corp.      
2.25% 04/15/25 50,000   47,143
3.90% 11/15/47 100,000   80,683
4.50% 09/15/32 25,000   23,819
Teck Resources Ltd.      
6.25% 07/15/41 25,000   22,815
Telefonica Emisiones S.A.      
7.05% 06/20/36 50,000   49,409
TELUS Corp.      
4.60% 11/16/48 50,000   42,054
Tennessee Gas Pipeline Co. LLC      
7.00% 10/15/28 200,000   206,752
Texas Instruments Inc.      
3.65% 08/16/32 15,000   13,559
3.88% 03/15/39 50,000   43,212
Textron Inc.      
3.90% 09/17/29 50,000   44,414
The Asian Infrastructure Investment Bank      
3.75% 09/14/27 100,000   96,969
The Bank of New York Mellon Corp.      
0.85% 10/25/24 100,000   92,344
2.50% 01/26/32 25,000   19,856
3.85% 04/26/29 25,000   22,804
The Bank of New York Mellon Corp. (4.41% fixed rate until 07/24/2025; 1.35% + SOFR thereafter)      
4.41% 07/24/26 (g) 25,000   24,442
The Bank of Nova Scotia      
1.95% 02/02/27 25,000   21,749
The Bell Telephone Co. of Canada or Bell Canada      
4.30% 07/29/49 30,000   23,989
  Principal
Amount 		  Fair
Value
The Boeing Co.      
1.43% 02/04/24 $65,000   $61,799
3.20% 03/01/29 50,000   41,811
3.75% 02/01/50 25,000   16,148
4.88% 05/01/25 150,000   146,338
5.15% 05/01/30 100,000   92,599
5.71% 05/01/40 50,000   43,648
5.81% 05/01/50 50,000   43,510
5.93% 05/01/60 75,000   64,255
The Charles Schwab Corp.      
1.95% 12/01/31 50,000   38,131
3.85% 05/21/25 50,000   48,872
4.63% 03/22/30 50,000   48,299
The Clorox Co.      
1.80% 05/15/30 50,000   38,584
The Coca-Cola Co.      
2.25% 01/05/32 50,000   40,756
2.50% 06/01/40 - 03/15/51 95,000   62,758
3.38% 03/25/27 125,000   119,174
The Dayton Power & Light Co.      
3.95% 06/15/49 15,000   11,516
The Dow Chemical Co.      
3.60% 11/15/50 100,000   68,107
The Estee Lauder Companies Inc.      
2.38% 12/01/29 20,000   16,893
3.13% 12/01/49 30,000   21,182
The Georgetown University      
2.94% 04/01/50 10,000   6,504
The Goldman Sachs Group Inc.      
3.50% 04/01/25 200,000   191,256
3.63% 02/20/24 50,000   49,161
3.75% 02/25/26 100,000   94,797
4.80% 07/08/44 75,000   62,194
6.25% 02/01/41 50,000   49,599
6.75% 10/01/37 100,000   99,920
The Goldman Sachs Group Inc. (2.65% fixed rate until 10/21/2031; 1.26% + SOFR thereafter)      
2.65% 10/21/32 (g) 30,000   22,985
The Goldman Sachs Group Inc. (3.10% fixed rate until 02/24/2032; 1.41% + SOFR thereafter)      
3.10% 02/24/33 (g) 150,000   119,161
The Goldman Sachs Group Inc. (3.62% fixed rate until 03/15/2027; 1.85% + SOFR thereafter)      
3.62% 03/15/28 (g) 100,000   91,001
The Goldman Sachs Group Inc. (3.69% fixed rate until 06/05/2027; 1.51% + 3 month USD LIBOR thereafter)      
3.69% 06/05/28 (g) 150,000   135,832
The Goldman Sachs Group Inc. (4.22% fixed rate until 05/01/28; 1.30% + 3 month USD LIBOR thereafter)      
4.22% 05/01/29 (g) 125,000   113,829
The Goldman Sachs Group Inc. (4.39% fixed rate until 06/15/2026; 1.51% + SOFR thereafter)      
4.39% 06/15/27 (g) 15,000   14,288
 
See Notes to Schedule of Investments.
State Street Total Return V.I.S. Fund 105
State Street Total Return V.I.S. Fund
Schedule of Investments
September 30, 2022 (Unaudited)
  Principal
Amount 		  Fair
Value
The Goldman Sachs Group Inc. (4.41% fixed rate until 04/23/2038; 1.43% + 3 month USD LIBOR thereafter)      
4.41% 04/23/39 (g) $75,000   $62,373
The Hartford Financial Services Group Inc.      
4.30% 04/15/43 100,000   79,415
The Hershey Co.      
2.45% 11/15/29 75,000   63,859
The Home Depot Inc.      
1.88% 09/15/31 20,000   15,533
2.75% 09/15/51 50,000   31,871
2.95% 06/15/29 100,000   88,428
3.00% 04/01/26 50,000   47,228
3.25% 04/15/32 20,000   17,337
3.63% 04/15/52 75,000   56,579
3.90% 12/06/28 100,000   94,945
4.20% 04/01/43 50,000   42,013
4.50% 09/15/32 15,000   14,352
The Interpublic Group of Companies Inc.      
4.65% 10/01/28 10,000   9,266
The J M Smucker Co.      
2.13% 03/15/32 75,000   56,469
The Kroger Co.      
3.95% 01/15/50 50,000   38,175
4.50% 01/15/29 25,000   23,728
The New York & Presbyterian Hospital      
2.26% 08/01/40 25,000   16,297
3.95% 08/01/19 35,000   24,587
The PNC Financial Services Group Inc.      
2.60% 07/23/26 50,000   45,700
The PNC Financial Services Group Inc. (4.63% fixed rate until 06/06/2032; 1.85% + SOFR thereafter)      
4.63% 06/06/33 (g) 25,000   22,385
The Procter & Gamble Co.      
2.45% 11/03/26 75,000   69,619
5.55% 03/05/37 75,000   79,105
The Progressive Corp.      
3.20% 03/26/30 75,000   65,947
4.20% 03/15/48 50,000   42,015
The Sherwin-Williams Co.      
3.95% 01/15/26 100,000   96,613
The Southern Co.      
4.25% 07/01/36 100,000   84,322
4.48% 08/01/24 (h) 75,000   74,036
The Timken Co.      
4.50% 12/15/28 20,000   18,446
The Toronto-Dominion Bank      
0.75% 09/11/25 50,000   44,123
1.95% 01/12/27 50,000   43,535
2.65% 06/12/24 50,000   48,019
3.25% 03/11/24 50,000   48,844
The Toronto-Dominion Bank (3.63% fixed rate until 09/15/2026; 2.21% + USD 5 year Swap Rate thereafter)      
3.63% 09/15/31 (g) 150,000   137,461
The Travelers Companies Inc.      
4.00% 05/30/47 50,000   40,189
The Walt Disney Co.      
2.00% 09/01/29 300,000   245,106
  Principal
Amount 		  Fair
Value
3.38% 11/15/26 $50,000   $47,093
3.60% 01/13/51 25,000   18,619
4.70% 03/23/50 50,000   44,564
The Williams Companies Inc.      
4.30% 03/04/24 200,000   197,434
5.75% 06/24/44 65,000   58,789
Thermo Fisher Scientific Inc.      
1.75% 10/15/28 20,000   16,760
2.80% 10/15/41 70,000   49,123
Time Warner Cable LLC      
4.50% 09/15/42 75,000   51,997
7.30% 07/01/38 50,000   47,486
T-Mobile USA Inc.      
3.30% 02/15/51 100,000   65,211
3.50% 04/15/31 150,000   126,588
3.60% 11/15/60 45,000   29,100
3.88% 04/15/30 150,000   132,930
5.20% 01/15/33 35,000   33,492
Tosco Corp.      
8.13% 02/15/30 150,000   173,382
TotalEnergies Capital International S.A.      
2.43% 01/10/25 100,000   94,939
3.39% 06/29/60 50,000   33,415
Toyota Motor Credit Corp.      
2.90% 04/17/24 150,000   146,095
3.00% 04/01/25 50,000   47,897
3.65% 01/08/29 100,000   92,596
4.55% 09/20/27 25,000   24,414
Trane Technologies Luxembourg Finance S.A.      
4.50% 03/21/49 50,000   39,835
TransCanada PipeLines Ltd.      
1.00% 10/12/24 30,000   27,674
5.85% 03/15/36 150,000   144,996
Truist Bank      
3.20% 04/01/24 50,000   48,801
3.30% 05/15/26 100,000   92,731
Truist Financial Corp.      
1.95% 06/05/30 25,000   19,564
2.50% 08/01/24 50,000   47,888
Truist Financial Corp. (4.92% fixed rate until 07/28/2032; 2.24% + SOFR thereafter)      
4.92% 07/28/33 (g) 25,000   22,698
TSMC Arizona Corp.      
4.25% 04/22/32 100,000   92,310
Tucson Electric Power Co.      
4.85% 12/01/48 50,000   43,152
TWDC Enterprises 18 Corp.      
3.00% 07/30/46 75,000   51,009
Tyco Electronics Group SA      
2.50% 02/04/32 45,000   36,552
Tyson Foods Inc.      
4.00% 03/01/26 15,000   14,387
4.88% 08/15/34 45,000   41,651
U.S. Bancorp      
3.95% 11/17/25 50,000   48,727
Unilever Capital Corp.      
2.90% 05/05/27 50,000   46,059
3.50% 03/22/28 75,000   70,258
Union Electric Co.      
3.50% 03/15/29 25,000   22,771
3.65% 04/15/45 35,000   26,390
Union Pacific Corp.      
2.15% 02/05/27 150,000   133,965
 
See Notes to Schedule of Investments.
106 State Street Total Return V.I.S. Fund
State Street Total Return V.I.S. Fund
Schedule of Investments
September 30, 2022 (Unaudited)
  Principal
Amount 		  Fair
Value
2.80% 02/14/32 $15,000   $12,488
2.95% 03/10/52 75,000   49,583
3.38% 02/14/42 10,000   7,615
3.50% 02/14/53 20,000   14,535
3.55% 08/15/39 15,000   11,890
3.95% 08/15/59 20,000   15,145
4.95% 09/09/52 50,000   46,759
United Airlines 2020-1 Class A Pass Through Trust      
5.88% 04/15/29 139,164   133,443
United Parcel Service Inc.      
3.75% 11/15/47 50,000   39,885
3.90% 04/01/25 100,000   98,237
UnitedHealth Group Inc.      
2.88% 08/15/29 75,000   65,443
3.50% 02/15/24 10,000   9,849
3.70% 12/15/25 110,000   106,628
3.75% 10/15/47 25,000   19,237
3.88% 12/15/28 15,000   14,072
4.25% 06/15/48 50,000   41,465
4.45% 12/15/48 10,000   8,465
4.63% 07/15/35 45,000   41,326
5.95% 02/15/41 125,000   127,476
6.88% 02/15/38 50,000   55,365
University of Notre Dame du Lac      
3.39% 02/15/48 25,000   19,392
University of Southern California      
2.81% 10/01/50 100,000   68,821
US Bancorp      
3.60% 09/11/24 150,000   147,238
US Bancorp (4.55% fixed rate until 07/22/2027; 1.66% + SOFR thereafter)      
4.55% 07/22/28 (g) 25,000   24,161
Vale Overseas Ltd.      
6.88% 11/10/39 75,000   70,621
Valero Energy Corp.      
4.00% 06/01/52 50,000   36,148
6.63% 06/15/37 50,000   50,007
Ventas Realty LP      
3.50% 02/01/25 150,000   143,328
VeriSign Inc.      
2.70% 06/15/31 30,000   23,421
Verisk Analytics Inc.      
4.13% 03/15/29 60,000   54,645
Verizon Communications Inc.      
0.75% 03/22/24 35,000   33,084
0.85% 11/20/25 200,000   175,472
1.75% 01/20/31 100,000   74,994
2.36% 03/15/32 75,000   57,676
2.88% 11/20/50 50,000   30,720
3.70% 03/22/61 95,000   64,647
3.88% 02/08/29 5,000   4,565
4.02% 12/03/29 50,000   45,337
4.33% 09/21/28 34,000   32,016
5.50% 03/16/47 250,000   237,720
VF Corp.      
2.95% 04/23/30 75,000   61,727
Viatris Inc.      
4.00% 06/22/50 125,000   74,691
VICI Properties LP      
4.38% 05/15/25 150,000   142,587
Virginia Electric & Power Co.      
2.88% 07/15/29 100,000   86,760
  Principal
Amount 		  Fair
Value
Visa Inc.      
3.15% 12/14/25 $100,000   $95,598
4.30% 12/14/45 100,000   87,252
VMware Inc.      
1.80% 08/15/28 125,000   99,049
4.50% 05/15/25 25,000   24,443
Vodafone Group PLC      
3.75% 01/16/24 50,000   49,408
4.25% 09/17/50 75,000   53,821
4.38% 05/30/28 75,000   70,675
5.00% 05/30/38 25,000   21,478
Vulcan Materials Co.      
4.70% 03/01/48 50,000   41,446
W R Berkley Corp.      
4.00% 05/12/50 20,000   15,279
Wachovia Corp.      
5.50% 08/01/35 100,000   92,767
Walgreens Boots Alliance Inc.      
4.10% 04/15/50 100,000   71,532
Walmart Inc.      
3.25% 07/08/29 40,000   36,633
3.95% 06/28/38 250,000   222,287
4.15% 09/09/32 30,000   28,750
Warnermedia Holdings Inc.      
3.64% 03/15/25 (e) 50,000   47,354
3.76% 03/15/27 (e) 75,000   67,315
4.28% 03/15/32 (e) 40,000   32,934
5.05% 03/15/42 (e) 15,000   11,227
5.39% 03/15/62 (e) 15,000   10,873
Waste Connections Inc.      
3.50% 05/01/29 50,000   44,916
Waste Management Inc.      
2.00% 06/01/29 25,000   20,620
4.15% 04/15/32 50,000   46,292
Wells Fargo & Co.      
4.15% 01/24/29 100,000   91,996
4.40% 06/14/46 50,000   38,204
4.75% 12/07/46 100,000   79,989
Wells Fargo & Co. (0.81% fixed rate until 05/19/2024; 0.51% + SOFR thereafter)      
0.81% 05/19/25 (g) 150,000   139,045
Wells Fargo & Co. (2.19% fixed rate until 04/30/25; 2.00% + SOFR thereafter)      
2.19% 04/30/26 (g) 250,000   228,545
Wells Fargo & Co. (2.41% fixed rate until 10/30/2024; 1.09% + SOFR thereafter)      
2.41% 10/30/25 (g) 125,000   116,810
Wells Fargo & Co. (2.88% fixed rate until 10/30/2029; 1.43% + 3-month Term SOFR thereafter)      
2.88% 10/30/30 (g) 100,000   82,320
Wells Fargo & Co. (3.07% fixed rate until 04/30/40; 2.53% + SOFR thereafter)      
3.07% 04/30/41 (g) 65,000   44,697
Wells Fargo & Co. (4.54% fixed rate until 08/15/2025; 1.56% + SOFR thereafter)      
4.54% 08/15/26 (g) 15,000   14,525
Wells Fargo & Co. (4.90% fixed rate until 07/25/2032; 2.10% + SOFR thereafter)      
4.90% 07/25/33 (g) 60,000   55,193
 
See Notes to Schedule of Investments.
State Street Total Return V.I.S. Fund 107
State Street Total Return V.I.S. Fund
Schedule of Investments
September 30, 2022 (Unaudited)
  Principal
Amount 		  Fair
Value
Wells Fargo & Co. (5.01% fixed rate until 04/04/2050; 4.50% + SOFR thereafter)      
5.01% 04/04/51 (g) $75,000   $64,378
Welltower Inc.      
3.63% 03/15/24 25,000   24,435
4.13% 03/15/29 75,000   68,056
Western Digital Corp.      
3.10% 02/01/32 30,000   20,483
Westlake Corp.      
4.38% 11/15/47 50,000   37,798
Westpac Banking Corp.      
1.95% 11/20/28 25,000   20,825
3.74% 08/26/25 50,000   48,461
Westpac Banking Corp. (4.32% fixed rate until 03/23/2028; 3.60% + USD 5 year Mid-Market Swap Rate thereafter)      
4.32% 11/23/31 (g) 200,000   182,666
Whirlpool Corp.      
4.70% 05/14/32 15,000   13,653
Willis North America Inc.      
3.88% 09/15/49 125,000   87,324
Wisconsin Electric Power Co.      
4.30% 10/15/48 10,000   8,240
Wisconsin Public Service Corp.      
3.30% 09/01/49 20,000   13,986
WP Carey Inc.      
3.85% 07/15/29 50,000   44,136
Xcel Energy Inc.      
0.50% 10/15/23 80,000   76,201
Zimmer Biomet Holdings Inc.      
3.55% 04/01/25 50,000   48,032
Zoetis Inc.      
3.00% 05/15/50 70,000   46,122
      65,459,468
Non-Agency Collateralized Mortgage Obligations - 0.2%
BANK 2017-BNK5      
3.13% 06/15/60 250,000   227,546
BANK 2019-BNK20      
3.01% 09/15/62 50,000   43,382
BANK 2019-BNK22      
2.98% 11/15/62 50,000   43,203
BBCMS Mortgage Trust 2018-C2      
4.31% 12/15/51 50,000   47,437
BBCMS Mortgage Trust 2021-C12      
2.69% 11/15/54 150,000   122,957
Benchmark 2020-B16 Mortgage Trust      
2.73% 02/15/53 200,000   168,998
Benchmark 2021-B25 Mortgage Trust      
2.58% 04/15/54 150,000   122,578
Citigroup Commercial Mortgage Trust      
2.87% 08/10/56 500,000   428,959
Citigroup Commercial Mortgage Trust 2014-GC21      
4.03% 05/10/47 100,000   96,651
Comm 2014-UBS2 Mortgage Trust      
3.96% 03/10/47 200,000   196,744
  Principal
Amount 		  Fair
Value
COMM 2015-LC19 Mortgage Trust      
3.18% 02/10/48 $150,000   $143,104
CSAIL Commercial Mortgage Trust      
3.45% 09/15/50 350,000   321,015
GS Mortgage Securities Trust 2016-GS3      
2.78% 10/10/49 56,329   54,001
GS Mortgage Securities Trust 2019-GC38      
3.97% 02/10/52 50,000   46,235
JPMBB Commercial Mortgage Securities Trust 2014-C22      
3.80% 09/15/47 75,000   73,030
JPMDB Commercial Mortgage Securities Trust 2017-C5      
3.41% 03/15/50 108,112   101,616
Morgan Stanley Bank of America Merrill Lynch Trust 2016-C32      
3.72% 12/15/49 89,000   83,392
Morgan Stanley Capital I Trust 2016-UBS12      
3.60% 12/15/49 150,000   139,893
UBS Commercial Mortgage Trust 2018-C15      
4.07% 12/15/51 79,880   74,331
Wells Fargo Commercial Mortgage Trust 2019-C50      
3.73% 05/15/52 175,000   158,615
Wells Fargo Commercial Mortgage Trust 2020-C55      
2.73% 02/15/53 100,000   83,796
WFRBS Commercial Mortgage Trust 2013-C17      
4.02% 12/15/46 35,000   34,599
      2,812,082
Sovereign Bonds - 0.3%
Canada Government International Bond      
2.88% 04/28/25 150,000   144,684
Export Development Canada      
3.00% 05/25/27 50,000   47,402
Export-Import Bank of Korea      
1.13% 12/29/26 200,000   172,696
FMS Wertmanagement      
2.75% 01/30/24 100,000   97,945
Government of Chile      
3.50% 01/25/50 100,000   67,883
3.86% 06/21/47 100,000   73,330
Government of Indonesia      
3.05% 03/12/51 100,000   66,296
4.75% 02/11/29 100,000   96,799
Government of Israel      
3.88% 07/03/50 100,000   80,497
Government of Italy      
2.88% 10/17/29 300,000   245,133
Government of Mexico      
3.75% 01/11/28 100,000   92,096
4.75% 03/08/44 52,000   40,005
6.05% 01/11/40 55,000   51,040
Government of Panama      
3.75% 03/16/25 100,000   96,278
3.87% 07/23/60 50,000   29,587
6.70% 01/26/36 75,000   73,403
 
See Notes to Schedule of Investments.
108 State Street Total Return V.I.S. Fund
State Street Total Return V.I.S. Fund
Schedule of Investments
September 30, 2022 (Unaudited)
  Principal
Amount 		  Fair
Value
Government of Peru      
3.00% 01/15/34 $29,000   $21,828
6.55% 03/14/37 47,000   48,182
Government of Philippines      
2.95% 05/05/45 100,000   65,786
Government of Uruguay      
5.10% 06/18/50 50,000   45,592
Japan Bank for International Cooperation      
0.50% 04/15/24 200,000   188,256
1.25% 01/21/31 150,000   118,125
2.88% 07/21/27 100,000   92,783
Korea International Bond      
1.75% 10/15/31 100,000   81,796
Mexico Government International Bond      
3.50% 02/12/34 300,000   229,161
3.77% 05/24/61 250,000   147,995
4.28% 08/14/41 100,000   73,183
Peruvian Government International Bond      
2.78% 01/23/31 200,000   159,080
3.23% 07/28/21 25,000   13,480
Philippine Government International Bond      
10.63% 03/16/25 250,000   282,762
Province of Alberta Canada      
1.30% 07/22/30 200,000   158,890
Province of British Columbia Canada      
2.25% 06/02/26 150,000   138,877
Province of Ontario Canada      
1.13% 10/07/30 150,000   117,167
3.20% 05/16/24 50,000   49,023
Province of Quebec Canada      
0.60% 07/23/25 200,000   179,898
Svensk Exportkredit AB      
0.50% 11/10/23 125,000   119,735
The Korea Development Bank      
2.13% 10/01/24 100,000   95,191
Uruguay Government International Bond      
4.13% 11/20/45 175,000   150,881
      4,052,745
Municipal Bonds and Notes - 0.1%
Board of Regents of the University of Texas System      
4.79% 08/15/46 100,000   97,179
Chicago O'Hare International Airport      
4.47% 01/01/49 100,000   87,904
Chicago Transit Authority Sales & Transfer Tax Receipts Revenue      
6.90% 12/01/40 75,000   84,882
Commonwealth of Massachusetts      
4.50% 08/01/31 100,000   97,300
Dallas Area Rapid Transit      
5.02% 12/01/48 50,000   48,590
Dallas Fort Worth International Airport      
4.09% 11/01/51 5,000   4,129
Los Angeles Department of Water & Power      
6.60% 07/01/50 90,000   105,709
  Principal
Amount 		  Fair
Value
Los Angeles Unified School District      
5.76% 07/01/29 $110,000   $113,432
New York City Municipal Water Finance Authority      
6.01% 06/15/42 50,000   55,024
New York State Dormitory Authority      
2.20% 03/15/34 100,000   75,833
3.14% 07/01/43 50,000   38,169
New York State Urban Development Corp.      
3.90% 03/15/33 25,000   22,629
North Texas Tollway Authority      
6.72% 01/01/49 100,000   118,604
Port Authority of New York & New Jersey      
5.31% 08/01/46 125,000   123,801
Regents of the University of California Medical Center Pooled Revenue      
6.58% 05/15/49 100,000   114,047
Sales Tax Securitization Corp.      
4.64% 01/01/40 25,000   22,966
San Joaquin Hills Transportation Corridor Agency      
3.49% 01/15/50 100,000   73,672
South Carolina State Public Service Authority      
6.45% 01/01/50 50,000   56,224
State of California      
2.50% 10/01/29 100,000   86,848
7.60% 11/01/40 50,000   62,868
Texas Transportation Commission      
2.56% 04/01/42 80,000   56,944
University of California      
4.60% 05/15/31 100,000   96,181
      1,642,935
Total Bonds and Notes
(Cost $358,420,429) 		    321,329,252
    
  Number
of Shares 		 
Exchange Traded & Mutual Funds - 12.4%
Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF 2,460,316 39,807,913
SPDR Bloomberg High Yield Bond ETF (i) 150,766 13,244,793
SPDR Bloomberg International Treasury Bond ETF (i) 1,919,984 39,993,267
SPDR Portfolio Long Term Treasury ETF (i) 2,246,990 66,600,783
Total Exchange Traded & Mutual Funds
(Cost $187,356,957) 		  159,646,756
Total Investments in Securities
(Cost $1,336,339,802) 		  1,141,196,171
 
See Notes to Schedule of Investments.
State Street Total Return V.I.S. Fund 109
State Street Total Return V.I.S. Fund
Schedule of Investments
September 30, 2022 (Unaudited)
 
  Number
of Shares 		  Fair
Value
Short-Term Investments - 12.3%
State Street Institutional U.S. Government Money Market Fund - Class G Shares 2.98% (i)(j)
(Cost $158,407,212) 		158,407,212   $158,407,212
Total Investments
(Cost $1,494,747,014) 		    1,299,603,383
Liabilities in Excess of Other Assets, net - (0.8)%     (10,259,495)
NET ASSETS - 100.0%     $1,289,343,888
Other Information:
The Fund had the following long futures contracts open at September 30, 2022:
    
Description   Expiration
Date 		  Number of
Contracts 		  Notional
Amount 		  Value   Unrealized
Appreciation
(Depreciation)
E-mini Russell 2000 Index Futures   December 2022   14   $1,276,215   $1,168,860   $(107,355)
MSCI Emerging Markets Index Futures   December 2022   75   3,661,369   3,268,125   (393,243)
MSCI EAFE Mini Index Futures   December 2022   98   9,170,072   8,136,940   (1,033,132)
S&P/Toronto Stock Exchange 60 Index   December 2022   6   1,043,599   974,637   (68,962)
E-Mini Russell 1000 Index Futures   December 2022   17   1,909,009   1,680,875   (228,134)
                    $(1,830,826)
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) At September 30, 2022, all or a portion of this security was pledged to cover collateral requirements for futures and/or TBAs.
(c) Security is fair valued by the Valuation Committee, in accordance with the procedures approved by the Fund's Board of Directors. Security value is determined based on level 3 inputs.
(d) State Street Corp. is the parent company of SSGA Funds Management, Inc., the Fund's investment adviser and administrator, and State Street Bank & Trust Co., the Fund’s sub-administrator, custodian and accounting agent.
(e) Pursuant to Rule 144A of the Securities Act of 1933, as amended, these securities may be resold in transactions exempt from registration, normally to qualified institutional buyers. At September 30, 2022, these securities amounted to $8,018,285 or 0.62% of the net assets of the State Street Total Return V.I.S. Fund. These securities have been determined to be liquid using procedures established by the Fund's Board of Directors.
(f) Settlement is on a delayed delivery or when-issued basis with final maturity to be announced ("TBA") in the future.
(g) Variable Rate Security - Interest rate shown is rate in effect at September 30, 2022. For securities based on a published reference rate and spread, the reference rate and spread are indicated in the description above.
(h) Step coupon bond.
See Notes to Schedule of Investments.
110 State Street Total Return V.I.S. Fund
State Street Total Return V.I.S. Fund
Schedule of Investments
September 30, 2022 (Unaudited)
 
(i) 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.
(j) Coupon amount represents effective yield.
† Percentages are based on net assets as of September 30, 2022.
* Less than 0.05%.
** Amount is less than $0.50.
    
Abbreviations:
ADR - American Depositary Receipt
CMT - Constant Maturity Treasury
GDR - Global Depositary Receipt
LIBOR - London Interbank Offered Rate
NVDR - Non-Voting Depositary Receipt
REIT - Real Estate Investment Trust
SOFR - Secured Overnight Financing Rate
TBA - To Be Announced
The following table presents the Fund’s investments measured at fair value on a recurring basis at September 30, 2022:
Investments   Level 1   Level 2   Level 3   Total
Investments in Securities                
Domestic Equity   $329,724,375   $696,450   $—(a)   $330,420,825
Foreign Equity   48,598,830   281,174,191   26,317   329,799,338
U.S. Treasuries   —   169,590,988   —   169,590,988
Agency Mortgage Backed   —   74,537,427   —   74,537,427
Agency Collateralized Mortgage Obligations   —   2,365,157   —   2,365,157
Asset Backed   —   868,450   —   868,450
Corporate Notes   —   65,459,468   —   65,459,468
Non-Agency Collateralized Mortgage Obligations   —   2,812,082   —   2,812,082
Sovereign Bonds   —   4,052,745   —   4,052,745
Municipal Bonds and Notes   —   1,642,935   —   1,642,935
Exchange Traded & Mutual Funds   159,646,756   —   —   159,646,756
Short-Term Investments   158,407,212   —   —   158,407,212
Total Investments in Securities   $696,377,173   $603,199,893   $26,317   $1,299,603,383
Other Financial Instruments                
Long Futures Contracts - Unrealized Depreciation   (1,830,826)   —   —   (1,830,826)
    
(a) The Fund held Level 3 securities that were valued at $0 at September 30, 2022.
See Notes to Schedule of Investments.
State Street Total Return V.I.S. Fund 111
State Street Total Return V.I.S. Fund
Schedule of Investments
September 30, 2022 (Unaudited)
 
The Fund was invested in the following countries/territories at September 30, 2022 (unaudited):
Country/Territory   Percentage (based on
Fair Value)
United States   73.74%
Japan   4.19%
United Kingdom   2.91%
Canada   2.66%
France   1.87%
Switzerland   1.65%
Australia   1.48%
Germany   1.40%
China   1.36%
Netherlands   0.86%
India   0.71%
Hong Kong   0.66%
Taiwan   0.63%
Sweden   0.57%
South Korea   0.52%
Denmark   0.48%
Spain   0.44%
Ireland   0.43%
Italy   0.36%
Singapore   0.29%
Brazil   0.27%
Supranational   0.26%
Finland   0.23%
Saudi Arabia   0.21%
Israel   0.16%
Mexico   0.16%
Norway   0.16%
South Africa   0.15%
Belgium   0.15%
Indonesia   0.12%
Thailand   0.10%
Malaysia   0.07%
UAE   0.07%
Bermuda   0.06%
Philippines   0.06%
Luxembourg   0.06%
Chile   0.06%
Qatar   0.05%
Kuwait   0.05%
New Zealand   0.04%
Austria   0.04%
Peru   0.03%
Portugal   0.03%
Poland   0.03%
Uruguay   0.02%
Puerto Rico   0.02%
Panama   0.02%
Turkey   0.01%
Cayman Islands   0.01%
Greece   0.01%
Mult   0.01%
Isle Of Man   0.01%
Macau   0.01%
Czech   0.01%
Hungary   0.01%
Monaco   0.01%
Colombia   0.01%
Jersey   0.01%
Brunei   0.00%***
Jordan   0.00%***
Guernsey   0.00%***
Egypt   0.00%***
Bahamas   0.00%***
Russian Federation   0.00%***
Cyprus   0.00%***
    100.00%
    
*** Less than 0.005%.
The Fund’s % share of investment in the various categories, based on Fair Value, is as follows at September 30, 2022 (unaudited):
Industry   Domestic   Foreign   Total
Exchange Traded Funds   12.28%   0.00%   12.28%
Diversified Banks   0.49%   2.98%   3.47%
Pharmaceuticals   0.97%   1.79%   2.76%
See Notes to Schedule of Investments.
112 State Street Total Return V.I.S. Fund
State Street Total Return V.I.S. Fund
Schedule of Investments
September 30, 2022 (Unaudited)
 
Industry   Domestic   Foreign   Total
Technology Hardware, Storage & Peripherals   1.35%   0.30%   1.65%
Systems Software   1.35%   0.05%   1.40%
Integrated Oil & Gas   0.42%   0.90%   1.32%
Semiconductors   0.85%   0.47%   1.32%
Interactive Media & Services   0.94%   0.28%   1.22%
Biotechnology   0.94%   0.24%   1.18%
Automobile Manufacturers   0.49%   0.67%   1.16%
Application Software   0.76%   0.30%   1.06%
Internet & Direct Marketing Retail   0.66%   0.39%   1.05%
Packaged Foods & Meats   0.70%   0.30%   1.00%
Healthcare Equipment   0.59%   0.29%   0.88%
Electric Utilities   0.43%   0.46%   0.89%
Regional Banks   0.82%   0.04%   0.86%
Data Processing & Outsourced Services   0.70%   0.14%   0.84%
Industrial Machinery   0.33%   0.34%   0.67%
Oil & Gas Exploration & Production   0.44%   0.23%   0.67%
Life & Health Insurance   0.12%   0.54%   0.66%
Aerospace & Defense   0.38%   0.25%   0.63%
Integrated Telecommunication Services   0.17%   0.45%   0.62%
Apparel, Accessories & Luxury Goods   0.03%   0.56%   0.59%
Diversified Metals & Mining   0.02%   0.55%   0.57%
Life Sciences Tools & Services   0.41%   0.15%   0.56%
Semiconductor Equipment   0.18%   0.38%   0.56%
Specialty Chemicals   0.23%   0.33%   0.56%
IT Consulting & Other Services   0.13%   0.37%   0.50%
Property & Casualty Insurance   0.22%   0.27%   0.49%
Personal Products   0.07%   0.41%   0.48%
Industrial Conglomerates   0.15%   0.33%   0.48%
Trading Companies & Distributors   0.14%   0.33%   0.47%
Electrical Components & Equipment   0.28%   0.18%   0.46%
Managed Healthcare   0.45%   0.01%   0.46%
Railroads   0.14%   0.32%   0.46%
Asset Management & Custody Banks   0.24%   0.19%   0.43%
Financial Exchanges & Data   0.23%   0.21%   0.44%
Restaurants   0.31%   0.11%   0.42%
Household Products   0.28%   0.14%   0.42%
Multi-Sector Holdings   0.30%   0.10%   0.40%
Multi-Line Insurance   0.04%   0.35%   0.39%
Food Retail   0.04%   0.35%   0.39%
Soft Drinks   0.33%   0.05%   0.38%
Wireless Telecommunication Services   0.06%   0.33%   0.39%
Building Products   0.16%   0.22%   0.38%
See Notes to Schedule of Investments.
State Street Total Return V.I.S. Fund 113
State Street Total Return V.I.S. Fund
Schedule of Investments
September 30, 2022 (Unaudited)
 
Industry   Domestic   Foreign   Total
Research & Consulting Services   0.14%   0.24%   0.38%
Oil & Gas Storage & Transportation   0.11%   0.23%   0.34%
Multi-Utilities   0.19%   0.15%   0.34%
Tobacco   0.13%   0.21%   0.34%
Investment Banking & Brokerage   0.26%   0.06%   0.32%
Healthcare Services   0.27%   0.04%   0.31%
Specialized REITs   0.30%   0.00%   0.30%
Hypermarkets & Super Centers   0.25%   0.05%   0.30%
Construction & Engineering   0.11%   0.18%   0.29%
Distillers & Vintners   0.04%   0.25%   0.29%
Oil & Gas Refining & Marketing   0.12%   0.16%   0.28%
Construction Machinery & Heavy Trucks   0.14%   0.14%   0.28%
Communications Equipment   0.21%   0.07%   0.28%
Healthcare Supplies   0.10%   0.18%   0.28%
Movies & Entertainment   0.22%   0.05%   0.27%
Electronic Components   0.07%   0.20%   0.27%
Home Improvement Retail   0.25%   0.01%   0.26%
Interactive Home Entertainment   0.08%   0.18%   0.26%
Electronic Equipment & Instruments   0.10%   0.15%   0.25%
Steel   0.08%   0.16%   0.24%
Air Freight & Logistics   0.14%   0.11%   0.25%
Retail REITs   0.15%   0.08%   0.23%
Gold   0.03%   0.18%   0.21%
Commodity Chemicals   0.06%   0.14%   0.20%
Apparel Retail   0.11%   0.10%   0.21%
Industrial Gases   0.03%   0.17%   0.20%
Hotels, Resorts & Cruise Lines   0.16%   0.05%   0.21%
Brewers   0.01%   0.19%   0.20%
Casinos & Gaming   0.06%   0.13%   0.19%
Gas Utilities   0.08%   0.12%   0.20%
Auto Parts & Equipment   0.08%   0.11%   0.19%
General Merchandise Stores   0.10%   0.09%   0.19%
Industrial REITs   0.11%   0.07%   0.18%
Consumer Finance   0.15%   0.03%   0.18%
Fertilizers & Agricultural Chemicals   0.06%   0.11%   0.17%
Construction Materials   0.04%   0.13%   0.17%
Diversified Capital Markets   0.00%   0.17%   0.17%
Consumer Electronics   0.01%   0.16%   0.17%
Diversified Real Estate Activities   0.00%   0.16%   0.16%
Internet Services & Infrastructure   0.10%   0.05%   0.15%
Home Building   0.10%   0.05%   0.15%
Cable & Satellite   0.12%   0.03%   0.15%
Human Resource & Employment Services   0.07%   0.08%   0.15%
See Notes to Schedule of Investments.
114 State Street Total Return V.I.S. Fund
State Street Total Return V.I.S. Fund
Schedule of Investments
September 30, 2022 (Unaudited)
 
Industry   Domestic   Foreign   Total
Automotive Retail   0.12%   0.02%   0.14%
Residential REITs   0.13%   0.00%   0.13%
Insurance Brokers   0.12%   0.01%   0.13%
Trucking   0.11%   0.02%   0.13%
Oil & Gas Equipment & Services   0.12%   0.01%   0.13%
Other Diversified Financial Services   0.03%   0.10%   0.13%
Reinsurance   0.01%   0.11%   0.12%
Environmental & Facilities Services   0.10%   0.02%   0.12%
Real Estate Operating Companies   0.01%   0.11%   0.12%
Agricultural & Farm Machinery   0.07%   0.04%   0.11%
Healthcare Facilities   0.07%   0.04%   0.11%
Diversified Chemicals   0.01%   0.10%   0.11%
Office REITs   0.07%   0.03%   0.10%
Marine   0.01%   0.09%   0.10%
Footwear   0.09%   0.01%   0.10%
Specialty Stores   0.08%   0.02%   0.10%
Diversified REITs   0.05%   0.05%   0.10%
Leisure Products   0.04%   0.05%   0.09%
Airlines   0.06%   0.04%   0.10%
Advertising   0.03%   0.06%   0.09%
Healthcare Distributors   0.08%   0.01%   0.09%
Thrifts & Mortgage Finance   0.09%   0.00%   0.09%
Heavy Electrical Equipment   0.01%   0.07%   0.08%
Health Care REITs   0.09%   0.00%   0.09%
Renewable Electricity   0.04%   0.04%   0.08%
Electronic Manufacturing Services   0.03%   0.05%   0.08%
Diversified Support Services   0.06%   0.03%   0.09%
Real Estate Development   0.00%   0.08%   0.08%
Mortgage REITs   0.08%   0.00%   0.08%
Coal & Consumable Fuels   0.02%   0.05%   0.07%
Healthcare Technology   0.06%   0.02%   0.08%
Independent Power Producers & Energy Traders   0.02%   0.06%   0.08%
Water Utilities   0.05%   0.03%   0.08%
Paper Products   0.01%   0.07%   0.08%
Paper Packaging   0.04%   0.03%   0.07%
Highways & Railtracks   0.00%   0.07%   0.07%
Agricultural Products   0.05%   0.02%   0.07%
Tires & Rubber   0.01%   0.06%   0.07%
Real Estate Services   0.04%   0.02%   0.06%
Leisure Facilities   0.02%   0.04%   0.06%
Copper   0.02%   0.03%   0.05%
Education Services   0.05%   0.01%   0.06%
Hotel & Resort REITs   0.06%   0.00%   0.06%
Broadcasting   0.04%   0.01%   0.05%
Metal & Glass Containers   0.04%   0.01%   0.05%
Food Distributors   0.04%   0.01%   0.05%
Technology Distributors   0.03%   0.01%   0.04%
Airport Services   0.00%   0.04%   0.04%
Aluminum   0.01%   0.03%   0.04%
See Notes to Schedule of Investments.
State Street Total Return V.I.S. Fund 115
State Street Total Return V.I.S. Fund
Schedule of Investments
September 30, 2022 (Unaudited)
 
Industry   Domestic   Foreign   Total
Oil & Gas Drilling   0.03%   0.01%   0.04%
Security & Alarm Services   0.01%   0.02%   0.03%
Alternative Carriers   0.03%   0.00%   0.03%
Distributors   0.03%   0.00%   0.03%
Household Appliances   0.01%   0.01%   0.02%
Department Stores   0.01%   0.02%   0.03%
Specialized Consumer Services   0.02%   0.00%   0.02%
Drug Retail   0.01%   0.01%   0.02%
Publishing   0.01%   0.01%   0.02%
Motorcycle Manufacturers   0.00%   0.02%   0.02%
Home Furnishing Retail   0.01%   0.01%   0.02%
Commercial Printing   0.01%   0.01%   0.02%
Forest Products   0.00%   0.02%   0.02%
Computer & Electronics Retail   0.01%   0.00%   0.01%
Precious Metals & Minerals   0.00%   0.02%   0.02%
Home Furnishings   0.01%   0.00%   0.01%
Office Services & Supplies   0.01%   0.00%   0.01%
Specialized Finance   0.00%   0.01%   0.01%
Silver   0.01%   0.00%   0.01%
Marine Ports & Services   0.00%   0.01%   0.01%
Housewares & Specialties   0.00%   0.00%   0.00%(a)
Textiles   0.00%   0.00%   0.00%(a)
            63.08%
    
Sector Percentage (based
on Fair Value)
U.S. Treasuries     13.05%
Agency Mortgage Backed     5.73%
Corporate Notes     5.04%
Sovereign Bonds     0.31%
Non-Agency Collateralized Mortgage Obligations     0.22%
Agency Collateralized Mortgage Obligations     0.18%
Municipal Bonds and Notes     0.13%
Asset Backed     0.07%
      24.73%
    
Short-Term Investments Percentage (based
on Fair Value)
       
Short-Term Investments     12.19%
      100.00%
    
(a) Security is fair valued by the Valuation Committee, in accordance with the procedures approved by the Fund's Board of Directors. Security value is determined based on level 3 inputs.
    
See Notes to Schedule of Investments.
116 State Street Total Return V.I.S. Fund
State Street Total Return V.I.S. Fund
Schedule of Investments
September 30, 2022 (Unaudited)
 
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
9/30/22 		  Value at
9/30/22 		  Dividend
Income
SPDR Bloomberg High Yield Bond ETF 162,526   $17,645,448   $148,020,553   $146,117,242   $(5,176,580)   $(1,127,386)   150,766   $13,244,793   $745,054
SPDR Bloomberg International Treasury Bond ETF —   —   76,748,740   29,838,554   (2,635,832)   (4,281,087)   1,919,984   39,993,267   127,488
SPDR Gold Shares —   —   42,509,507   39,739,142   (2,770,365)   —   —   —   —
SPDR Portfolio Long Term Corporate Bond ETF 2,247,586   70,754,007   13,077,550   70,924,271   (13,606,645)   699,359   —   —   641,369
SPDR Portfolio Long Term Treasury ETF 1,659,803   69,960,696   72,788,613   43,367,902   (8,279,656)   (24,500,968)   2,246,990   66,600,783   1,480,742
State Street Corp. 4,200   390,600   133,117   209,838   (16,997)   (116,824)   2,961   180,058   6,495
State Street Institutional U.S. Government Money Market Fund - Class G Shares 81,590,671   81,590,671   1,081,826,143   1,005,009,602   —   —   158,407,212   158,407,212   948,564
TOTAL     $240,341,422   $1,435,104,223   $1,335,206,551   $(32,486,075)   $(29,326,906)       $278,426,113   $3,949,712
See Notes to Schedule of Investments.
State Street Total Return V.I.S. Fund 117
State Street Real Estate Securities V.I.S. Fund
Schedule of Investments
September 30, 2022 (Unaudited)
  Number
of Shares 		  Fair
Value
Common Stock (REITs) - 99.1% †
Alternate Housing - 10.4%
American Homes 4 Rent, Class A 32,365   $1,061,896
Invitation Homes Inc. 48,830   1,648,989
Sun Communities Inc. 10,530   1,425,025
      4,135,910
Data Center - 9.3%
Digital Realty Trust Inc. 14,670   1,454,971
Equinix Inc. 3,940   2,241,229
      3,696,200
Diversified - 1.6%
SBA Communications Corp. 1,120   318,808
Veris Residential Inc. (a) 26,020   295,847
      614,655
Healthcare - 10.6%
Healthpeak Properties Inc. 23,870   547,100
Medical Properties Trust Inc. 51,158   606,734
Omega Healthcare Investors Inc. 7,370   217,341
Sabra Health Care REIT Inc. 30,140   395,437
Ventas Inc. 36,700   1,474,239
Welltower Inc. 14,990   964,157
      4,205,008
Hotel - 3.4%
Apple Hospitality REIT Inc. 17,510   246,190
DiamondRock Hospitality Co. 5,547   41,658
Host Hotels & Resorts Inc. 10,470   166,264
Park Hotels & Resorts Inc. 18,001   202,691
Ryman Hospitality Properties Inc. 2,390   175,880
Sunstone Hotel Investors Inc. 7,630   71,875
Xenia Hotels & Resorts Inc. 31,137   429,379
      1,333,937
Industrial - 14.6%
Americold Realty Trust Inc. 20,260   498,396
Duke Realty Corp. 22,250   1,072,450
First Industrial Realty Trust Inc. 17,740   794,929
Prologis Inc. 26,210   2,662,936
Rexford Industrial Realty Inc. 14,956   777,712
      5,806,423
Multifamily - 13.2%
Apartment Investment & Management Co., Class A 5,390   39,347
AvalonBay Communities Inc. 8,260   1,521,410
Equity Residential 22,490   1,511,778
Essex Property Trust Inc. 1,340   324,588
Mid-America Apartment Communities Inc. 5,060   784,654
UDR Inc. 24,790   1,033,991
      5,215,768
Net Lease - 8.8%
Agree Realty Corp. 14,910   1,007,618
Broadstone Net Lease Inc. 31,010   481,585
Four Corners Property Trust Inc. 11,520   278,669
Realty Income Corp. 21,590   1,256,538
Spirit Realty Capital Inc. 12,340   446,214
      3,470,624
  Number
of Shares 		  Fair
Value
Office - 6.5%
Alexandria Real Estate Equities Inc. 5,360   $751,418
Boston Properties Inc. 750   56,228
Cousins Properties Inc. 16,470   384,575
Douglas Emmett Inc. 8,970   160,832
Highwoods Properties Inc. 8,990   242,370
JBG SMITH Properties 15,445   286,968
Kilroy Realty Corp. 16,614   699,616
      2,582,007
Regional Malls - 2.8%
Simon Property Group Inc. 12,350   1,108,413
Self Storage - 9.5%
Extra Space Storage Inc. 3,110   537,128
Life Storage Inc. 8,150   902,694
Public Storage 7,920   2,319,055
      3,758,877
Shopping Centers - 5.6%
Acadia Realty Trust 29,060   366,737
Brixmor Property Group Inc. 49,160   907,985
Regency Centers Corp. 7,240   389,874
RPT Realty 38,960   294,538
Urban Edge Properties 19,200   256,128
      2,215,262
Specialty - 2.8%
Gaming & Leisure Properties Inc. 5,420   239,781
Outfront Media Inc. 18,440   280,104
VICI Properties Inc. 20,330   606,850
      1,126,735
Total Common Stock (REITs)
(Cost $46,035,788) 		    39,269,819
Short-Term Investments - 1.0%
State Street Institutional U.S. Government Money Market Fund - Class G Shares 2.98% (b)(c)
(Cost $395,383) 		395,383   395,383
Total Investments
(Cost $46,431,171) 		    39,665,202
Liabilities in Excess of Other Assets, net - (0.1)%     (24,495)
NET ASSETS - 100.0%     $39,640,707
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.
 
See Notes to Schedule of Investments.
118 State Street Real Estate Securities V.I.S. Fund
State Street Real Estate Securities V.I.S. Fund
Schedule of Investments
September 30, 2022 (Unaudited)
† Percentages are based on net assets as of September 30, 2022.
    
Abbreviations:
REIT - Real Estate Investment Trust
 
The following table presents the Fund’s investments measured at fair value on a recurring basis at September 30, 2022:
Investments   Level 1   Level 2   Level 3   Total
Investments in Securities                
Common Stock   $39,269,819   $—   $—   $39,269,819
Short-Term Investments   395,383   —   —   395,383
Total Investments in Securities   $39,665,202   $—   $—   $39,665,202
    
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
9/30/22 		  Value at
9/30/22 		  Dividend
Income
State Street Institutional U.S. Government Money Market Fund - Class G Shares 312,731   $312,731   $26,157,934   $26,075,282   $—   $—   395,383   $395,383   $2,908
See Notes to Schedule of Investments.
State Street Real Estate Securities V.I.S. Fund 119
State Street Variable Insurance Series Funds, Inc.
Notes to Schedule of Investments
September 30, 2022 (Unaudited)
 
Security Valuation Each Fund’s investments are valued at fair value each day that the New York Stock Exchange (“NYSE”) is open and, for financial reporting purposes, as of the report date should the reporting period end on a day that the NYSE is not open. Fair value is generally defined as the price a fund would receive to sell an asset or pay to transfer a liability in an orderly transaction between market participants at the measurement date. By its nature, a fair value price is a good faith estimate of the valuation in a current sale and may not reflect an actual market price. The investments of each Fund are valued pursuant to the policy and procedures developed by the Oversight Committee (the “Committee”) and approved by the Board of Trustees (the “Board”). The Committee provides oversight of the valuation of investments for the Funds. The Board has responsibility for overseeing the determination of the fair value of investments.
Valuation techniques used to value each Fund’s investments by major category are as follows:
•Equity investments traded on a recognized securities exchange for which market quotations are readily available are valued at the last sale price or official closing price, as applicable, on the primary market or exchange on which they trade. Equity investments traded on a recognized exchange for which there were no sales on that day are valued at the last published sale price or at fair value.
•Investments in registered investment companies (including money market funds) or other unitized pooled investment vehicles that are not traded on an exchange are valued at that day’s published net asset value (“NAV”) per share or unit.
•Government and municipal fixed income securities are generally valued using quotations from independent pricing services or brokers. Certain government inflation-indexed securities may require a calculated fair valuation as the cumulative inflation is contained within the price provided by the pricing service or broker. For these securities, the inflation component of the price is “cleaned” from the pricing service or broker price utilizing the published inflation factors in order to ensure proper accrual of income.
•Debt obligations (including short term investments and convertible debt securities) are valued using quotations from independent pricing services or brokers or are generally valued at the last reported evaluated prices.
•Exchange-traded futures contracts are valued at the closing settlement price on the primary market on which they are traded most extensively. Exchange-traded futures contracts traded on a recognized exchange for which there were no sales on that day are valued at the last reported sale price obtained from independent pricing services or brokers or at fair value.
•Swap agreements are valued daily based upon prices supplied by Board approved pricing vendors or through brokers. Depending on the product and terms of the transaction, the value of agreements is determined using a series of techniques including valuation models that incorporate a number of market data factors, such as discounted cash flows, yields, curves, trades and values of the underlying reference instruments. In the event SSGA Funds Management, Inc. (the “Adviser” or “SSGA FM”) is unable to obtain an independent, third-party valuation the agreements will be fair valued.
In the event prices or quotations are not readily available or that the application of these valuation methods results in a price for an investment that is deemed to be not representative of the fair value of such investment, fair value will be determined in good faith by the Committee, in accordance with the valuation policy and procedures approved by the Board.
A “significant event” is an event that the Board believes, with a reasonably high degree of certainty, has caused the closing market prices of a Fund’s portfolio securities to no longer reflect their value at the time of the Fund’s NAV calculation. Fair value may be determined using an independent fair value service under valuation procedures approved by the Board. The independent fair value service takes into account multiple factors including, but not limited to, movements in the U.S. securities markets, certain depositary receipts, futures contracts and foreign currency exchange rates that have occurred subsequent to the close of foreign securities exchanges. The use of the independent fair value service or alternative fair valuation methods would result in the investments being classified within Level 2 of the fair value hierarchy. At September 30, 2022, the independent fair value service was used for certain foreign securities in certain Funds/Portfolios, and these securities were classified within Level 2 of the fair value hierarchy.
The Funds value their assets and liabilities at fair value using a fair value hierarchy consisting of three broad levels that prioritize the inputs to valuation techniques giving the highest priority to readily available unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements) when market prices are not readily available or reliable. The categorization of a value determined for an investment within the hierarchy is based upon the pricing transparency of the investment and is not necessarily an indication of the risk associated with investing in it.
The three levels of the fair value hierarchy are as follows:
•Level 1 — Unadjusted quoted prices in active markets for an identical asset or liability;
•Level 2 — Inputs other than quoted prices included within Level 1 that are observable for the asset or liability either directly or indirectly, including quoted prices for similar assets or liabilities in active markets, quoted prices for identical or similar assets or liabilities in markets that are not considered to be active, inputs other than quoted
120
State Street Variable Insurance Series Funds, Inc.
Notes to Schedule of Investments
September 30, 2022 (Unaudited)
 
prices that are observable for the asset or liability (such as exchange rates, financing terms, interest rates, yield curves, volatilities, prepayment speeds, loss severities, credit risks and default rates) or other market-corroborated inputs; and
•Level 3 — Unobservable inputs for the asset or liability, including the Committee’s assumptions used in determining the fair value of investments.
The value of each Fund’s investments according to the fair value hierarchy as of September 30, 2022 is disclosed in each Fund’s Schedule of Investments.
Futures Contracts
Each Fund may enter into futures contracts to meet its objectives. A futures contract is a standardized, exchange-traded agreement to buy or sell a financial instrument at a set price on a future date. Upon entering into a futures contract, a Fund is required to deposit with the broker, cash or securities in an amount equal to the minimum initial margin requirements of the clearing house. Securities deposited, if any, are designated on the Schedule of Investments and cash deposited, if any, is shown as Net cash collateral on deposit with broker for future contracts on the Statement of Assets and Liabilities. Subsequent payments are made or received by a Fund equal to the daily change in the contract value, accumulated, exchange rates, and/or other transactional fees. The accumulation of those payments are recorded as variation margin receivable or payable with a corresponding offset to unrealized gains or losses. A Fund recognizes a realized gain or loss when the contract is closed.
Losses may arise if the value of a futures contract decreases due to unfavorable changes in the market rates or values of the underlying instrument during the term of the contract or if the counterparty does not perform under the contract. The use of futures contracts also involves the risk that the movements in the price of the futures contracts do not correlate with the movement of the assets underlying such contracts.
During the period ended March 31, 2022, the following Funds entered into futures contracts for strategies listed below:
Fund   Strategies
State Street S&P 500 Index V.I.S. Fund   Equitization of cash
State Street Small-Cap Equity V.I.S. Fund   Equitization of cash
State Street Income V.I.S. Fund   Management of Interest Rate Risk
State Street Total Return V.I.S. Fund   Equitization of cash
     
Credit Default Swaps
During the period ended September 30, 2022, the State Street Income V.I.S. Fund engaged in credit default swaps to manage credit risk. When the Fund is the buyer in a credit default swap contract, the Fund is entitled to receive the par (or other agreed upon) value (full notional value) of a referenced debt obligation (or basket of debt obligations) from the counterparty (or central clearing party (“CCP”) in the case of a centrally cleared swap) to the contract if a credit event by a third party, such as a U.S. or foreign corporate issuer or sovereign issuer, on the debt obligation occurs. In return, the Fund pays the counterparty a periodic stream of payments over the term of the contract provided that no credit event has occurred. If no credit event occurs, the Fund loses its investment and recovers nothing. However, if a credit event occurs, the Fund receives full notional value for a referenced debt obligation that may have little or no value. When the Fund is the seller of a credit default swap, it receives a fixed rate of income throughout the term of the contract, provided there is no credit event. If a credit event occurs, the Fund is obligated to pay the notional amount of the swap and in certain instances take delivery of securities of the reference entity upon the occurrence of a credit event, as defined under the terms of that particular swap agreement. Credit events are contract specific but may include bankruptcy, failure to pay, restructuring, obligation acceleration and repudiation/moratorium. If the Fund is a seller of protection and a credit event occurs, the maximum potential amount of future payments that the Fund could be required to make would be an amount equal to the notional amount of the agreement. This potential amount would be partially offset by any recovery value of the respective referenced obligation, or net amount received from the settlement of a buy protection credit default swap agreement entered into by the Fund for the same referenced obligation. As the seller, the Fund may create economic leverage to its portfolio because, in addition to its total net assets, the Fund is subject to investment exposure on the notional amount of the swap. The interest fee paid or received on the swap, which is based on a specified interest rate on a fixed notional amount, is accrued daily as a component of unrealized appreciation (depreciation) and is recorded as realized gain upon receipt or realized loss upon payment. The Fund also records an increase or decrease to unrealized appreciation (depreciation) in an amount equal to the daily valuation. For centrally cleared swaps, the daily change in valuation is recorded as a receivable or payable for variation margin and settled in cash with the CCP daily. All upfront payments, if any, are amortized over the life of the swap as realized gains or losses. Those upfront payments that are paid or received, typically for non-centrally cleared swaps, are recorded as other assets or other liabilities, respectively, net of amortization. For financial reporting purposes, unamortized upfront payments, if any, are netted with unrealized appreciation or depreciation on swaps to determine the market value of swaps. The Fund segregates assets in the form of cash or liquid securities in an amount equal to the notional amount of the credit default swaps of which it is the seller. The Fund segregates assets in the form of cash or liquid securities in an amount equal to any unrealized depreciation of the credit default swaps of which it is the buyer, marked to market on a daily basis. Credit default swaps involve greater risks than if the Fund had invested in the referenced debt obligation directly. If the Fund is a buyer of a credit default swap and no credit event occurs, the Fund will not earn any return on its investment. If the Fund is a seller of a credit default swap, the Fund’s risk of loss may be the entire notional amount of the swap. Swaps may also subject the Fund to the risk that the counterparty to the transaction may not fulfill its obligation. In the case of centrally cleared swaps, counterparty risk is minimal due to protections provided by the CCP.
121
State Street Variable Insurance Series Funds, Inc.
Notes to Schedule of Investments
September 30, 2022 (Unaudited)
 
To-Be-Announced Transactions
The State Street Income V.I.S. Fund may seek to obtain exposure to U.S. agency mortgage pass-through securities through the use of “to-be-announced” or “TBA transactions.” “TBA” refers to a commonly used mechanism for the forward settlement of U.S. agency mortgage pass-through securities. In a TBA transaction, the buyer and seller decide on general trade parameters, such as agency, settlement date, coupon, and price.
The Fund may use TBA transactions to “roll over” such agreements prior to the settlement date. This type of TBA transaction is sometimes known as a “TBA roll.” In a TBA roll a Fund generally will sell the obligation to purchase the pools stipulated in the TBA agreement prior to the settlement date and will enter into a new TBA agreement for future delivery of pools of mortgage pass-through securities. A fund may also enter into TBA agreements and settle such transactions on the stipulated settlement date by accepting actual receipt or delivery of the pools of mortgage pass-through securities.
Default by or bankruptcy of a counterparty to a TBA transaction would expose the Fund to possible loss because of adverse market action, expenses or delays in connection with the purchase or sale of the pools of mortgage pass-through securities specified in the TBA transaction. To minimize this risk, the Fund will enter into TBA transactions only with established counterparties. The Fund’s use of “TBA rolls” may impact portfolio turnover, transaction costs and capital gain distributions to shareholders.
Delayed Delivery and When-Issued Securities
During the period, the State Street Income V.I.S. Fund transacted in securities on a delayed delivery or when-issued basis. Payment and delivery may take place after the customary settlement period for that security. The price of the underlying securities and the date when the securities will be delivered and paid for are fixed at the time the transaction is negotiated. The securities purchased on a delayed delivery or whenissued basis are identified as such in the Fund’s Schedule of Investments. The Fund may receive compensation for interest forgone in the purchase of a delayed delivery or when-issued security. With respect to such purchase commitments, the Fund identifies securities as segregated in its records with a value at least equal to the amount of the commitment. Losses may arise due to changes in the value of the underlying securities or if the counterparty does not perform under the contract’s terms, or if the issuer does not issue the securities due to political, economic or other factors.
122