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	Shares		Value
COMMON STOCKS - 99.4%
Banks - 4.0%
Citizens Financial Group, Inc.		274,364		$ 9,956,670
US Bancorp		220,570		9,859,479

				19,816,149

Biotechnology - 2.9%
Gilead Sciences, Inc.		196,318		14,380,293

Capital Markets - 7.6%
CME Group, Inc.		84,021		18,088,881
Moody’s Corp.		24,913		9,791,557
State Street Corp.		129,891		10,043,172

				37,923,610

Chemicals - 2.0%
Linde PLC		21,886		10,162,107

Commercial Services & Supplies - 3.3%
Republic Services, Inc.		87,183		16,690,313

Communications Equipment - 2.9%
Cisco Systems, Inc.		286,342		14,291,329

Consumer Staples Distribution & Retail - 1.4%
Costco Wholesale Corp.		9,537		6,987,092

Containers & Packaging - 2.4%
Packaging Corp. of America		64,089		12,162,810

Diversified Telecommunication Services - 1.2%
TELUS Corp. ^(A)		363,199		5,814,816

Electrical Equipment - 5.0%
Emerson Electric Co.		112,527		12,762,812
Schneider Electric SE, ADR ^(A)		267,319		12,109,551

				24,872,363

Ground Transportation - 1.7%
Union Pacific Corp.		33,864		8,328,174

Health Care Equipment & Supplies - 1.9%
Medtronic PLC		112,157		9,774,483

Health Care Providers & Services - 4.1%
Elevance Health, Inc.		21,473		11,134,609
Quest Diagnostics, Inc.		69,126		9,201,362

				20,335,971

Household Products - 5.5%
Colgate-Palmolive Co.		195,222		17,579,741
Kimberly-Clark Corp.		76,135		9,848,062

				27,427,803

Independent Power & Renewable Electricity Producers - 1.5%
AES Corp.		433,391		7,770,701

Insurance - 7.7%
Cincinnati Financial Corp.		83,031		10,309,959
MetLife, Inc.		241,957		17,931,433
Progressive Corp.		49,845		10,308,943

				38,550,335


	Shares		Value
COMMON STOCKS (continued)
Machinery - 4.7%
AGCO Corp.		97,266		$ 11,965,664
Xylem, Inc.		89,172		11,524,589

				23,490,253

Media - 2.8%
Omnicom Group, Inc.		145,085		14,038,425

Metals & Mining - 2.0%
Steel Dynamics, Inc.		67,767		10,045,102

Pharmaceuticals - 7.5%
AstraZeneca PLC, ADR		79,024		5,353,876
Bristol-Myers Squibb Co.		186,971		10,139,437
Merck & Co., Inc.		168,065		22,176,177

				37,669,490

Professional Services - 4.0%
Automatic Data Processing, Inc.		44,248		11,050,496
RELX PLC, ADR ^(A)		203,108		8,792,545

				19,843,041

Semiconductors & Semiconductor Equipment - 9.7%
Broadcom, Inc.		16,207		21,480,920
Taiwan Semiconductor Manufacturing Co. Ltd., ADR		116,262		15,817,445
Texas Instruments, Inc.		65,223		11,362,499

				48,660,864

Software - 3.4%
Microsoft Corp.		40,674		17,112,365

Specialized REITs - 4.1%
American Tower Corp.		27,170		5,368,521
Digital Realty Trust, Inc.		49,732		7,163,397
Weyerhaeuser Co.		229,100		8,226,981

				20,758,899

Specialty Retail - 2.8%
Home Depot, Inc.		36,821		14,124,536

Trading Companies & Distributors - 2.2%
United Rentals, Inc.		15,246		10,994,043

Water Utilities - 1.1%
Essential Utilities, Inc.		152,141		5,636,824

Total Common Stocks (Cost $409,180,051)				497,662,191


OTHER INVESTMENT COMPANY - 0.9%
Securities Lending Collateral - 0.9%
State Street Navigator Securities Lending Trust - Government Money Market Portfolio, 5.29% ^(B)		4,363,148		4,363,148

Total Other Investment Company (Cost $4,363,148)				4,363,148


	Principal		Value
REPURCHASE AGREEMENT - 0.5%
Fixed Income Clearing Corp., 2.50%^(B), dated 03/28/2024, to be repurchased at $2,305,431 on 04/01/2024. Collateralized by a U.S. Government Obligation, 4.25%, due 12/31/2025, and with a value of $2,350,971.		$ 2,304,791		$ 2,304,791

Total Repurchase Agreement (Cost $2,304,791)				2,304,791

Total Investments (Cost $415,847,990)				504,330,130
Net Other Assets (Liabilities) - (0.8)%				(3,882,261	)

Net Assets - 100.0%				$ 500,447,869

Transamerica Aegon Sustainable Equity Income VP (the “Portfolio”) is a series of the Transamerica Series Trust.

Transamerica Asset Management, Inc. (“TAM”) has been designated as the Portfolio’s valuation designee pursuant to Rule 2a-5 under the Investment Company Act of 1940, as amended, with responsibility for fair valuation subject to oversight by the Portfolio’s Board of Trustees. The net asset value of the Portfolio is computed as of the official close of the New York Stock Exchange (“NYSE”) each day the NYSE is open for business.

TAM utilizes various methods to measure the fair value of its investments on a recurring basis. Generally Accepted Accounting Principles in the United States of America establishes a hierarchy that prioritizes inputs to valuation methods. The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities. The three levels (“Levels”) of inputs of the fair value hierarchy are defined as follows:

Level 1 — Unadjusted quoted prices in active markets for identical securities.

Level 2 — Inputs, other than quoted prices included in Level 1, which are observable, either directly or indirectly. These inputs may include quoted prices for the identical instrument on an inactive market, prices for similar instruments, interest rates, prepayment speeds, credit risk, yield curves, default rates, and similar data.

Level 3 — Unobservable inputs based on the best information available in the circumstances, to the extent observable inputs are not available, which may include TAM’s own assumptions used in determining the fair value of the Portfolio’s investments.

The inputs used to measure fair value may fall into different Levels of the fair value hierarchy. In such cases, for disclosure purposes, the Level in the fair value hierarchy that is assigned to the fair value measurement of a security is determined based on the lowest Level input that is significant to the fair value measurement in its entirety. Certain investments that are measured at fair value using Net Asset Value (“NAV”) per share, or its equivalent, using the “practical expedient” have not been classified in the fair value Levels. The hierarchy classification of inputs used to value the Portfolio’s investments at March 31, 2024, is disclosed within the Investment Valuation section of the Schedule of Investments.

The availability of observable inputs can vary from security to security and is affected by a wide variety of factors, including, but not limited to, the type of security, whether the security is new and not yet established in the marketplace, the liquidity of markets, and other characteristics particular to the security. To the extent that valuation is based on models or inputs that are less observable or unobservable in the market, the determination of fair value requires more judgment. Accordingly, the degree of judgment exercised in determining fair value is generally greatest for instruments categorized in Level 3. Due to the inherent uncertainty of valuation, the determination of values may differ significantly from values that would have been realized had a ready market for investments existed, and the differences could be material.

Fair value measurements: Descriptions of the valuation techniques applied to the Portfolio’s significant categories of assets and liabilities measured at fair value on a recurring basis are as follows:

Equity securities: Securities are stated at the last reported sales price or closing price on the day of valuation taken from the primary exchange where the security is principally traded. To the extent these securities are actively traded and valuation adjustments are not applied, they are categorized in Level 1 of the fair value hierarchy. Equities traded on inactive markets or valued by reference to similar instruments are generally categorized in Level 2 or Level 3 if inputs are unobservable.

Foreign equity securities: Securities in which the primary trading market closes at the same time or after the NYSE, are valued based on quotations from the primary market in which they are traded and are categorized in Level 1. Because many foreign securities markets and exchanges close prior to the close of the NYSE, closing prices for foreign securities in those markets or on those exchanges do not reflect the events that occur after that close. Certain foreign securities may be fair valued using a pricing service that considers the correlation of the trading patterns of the foreign security to the intraday trading in the U.S. markets for investments such as American Depositary Receipts, financial futures, or ETFs and the movement of certain indices of securities based on a statistical analysis of their historical relationship; such valuations generally are categorized in Level 2.

Securities lending collateral: Securities lending collateral is invested in a money market fund which is valued at the actively traded NAV and no valuation adjustments are applied. Securities lending collateral is categorized in Level 1 of the fair value hierarchy.

Repurchase agreements: Repurchase agreements are valued at cost, which approximates fair value. To the extent the inputs are observable and timely, the values are generally categorized in Level 2 of the fair value hierarchy.


(A)		All or a portion of the securities are on loan. The total value of all securities on loan is $14,923,043, collateralized by cash collateral of $4,363,148 and non-cash collateral, such as U.S. government securities and irrevocable letters of credit, of $10,932,511. The amount of securities on loan indicated may not correspond with the securities on loan identified because securities with pending sales are in the process of recall from the brokers.
(B)		Rates disclosed reflect the yields at March 31, 2024.
(C)		There were no transfers in or out of Level 3 during the period ended March 31, 2024. Please reference the Investment Valuation section of the Notes to Schedule of Investments for more information regarding investment valuation and pricing inputs.


	Level 1 - Unadjusted Quoted Prices		Level 2 - Other Significant Observable Inputs		Level 3 - Significant Unobservable Inputs		Value
ASSETS
Investments
Common Stocks	$	497,662,191	$	—	$	—	$	497,662,191
Other Investment Company		4,363,148		—		—		4,363,148
Repurchase Agreement		—		2,304,791		—		2,304,791

Total Investments	$	502,025,339	$	2,304,791	$	—	$	504,330,130


ADR		American Depositary Receipt
REIT		Real Estate Investment Trust


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