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FOR VALIDATION PURPOSES ONLY - [447377.I0DE]

Transamerica Large Core

SCHEDULE OF INVESTMENTS

At January 31, 2023

(unaudited)


	Shares		Value
COMMON STOCKS - 98.0%
Aerospace & Defense - 1.5%
Boeing Co.^(A)		2,574		$ 548,262
General Dynamics Corp.		268		62,460
Lockheed Martin Corp.		2,444		1,132,207
Textron, Inc.		4,315		314,348
TransDigm Group, Inc.		736		528,264

				2,585,541

Air Freight & Logistics - 0.9%
Expeditors International of Washington, Inc.		2,484		268,645
United Parcel Service, Inc., Class B		7,062		1,308,094

				1,576,739

Airlines - 0.3%
Delta Air Lines, Inc.^(A)		3,961		154,875
Southwest Airlines Co.		4,447		159,069
United Airlines Holdings, Inc.^(A)		2,371		116,084

				430,028

Auto Components - 0.4%
BorgWarner, Inc.		12,590		595,255

Automobiles - 1.5%
Ford Motor Co.		12,964		175,144
General Motors Co.		2,867		112,730
Tesla, Inc.^(A)		13,243		2,293,953

				2,581,827

Banks - 4.2%
Bank of America Corp.		12,185		432,324
Comerica, Inc.		7,275		533,330
JPMorgan Chase & Co.		17,527		2,453,079
M&T Bank Corp.		1,016		158,496
PNC Financial Services Group, Inc.		2,645		437,562
Regions Financial Corp.		31,560		742,923
Signature Bank		658		84,849
Truist Financial Corp.		14,301		706,326
US Bancorp		27,891		1,388,972
Wells Fargo & Co.		3,924		183,918

				7,121,779

Beverages - 1.8%
Brown-Forman Corp., Class B		6,517		433,902
Coca-Cola Co.		25,792		1,581,566
PepsiCo, Inc.		6,272		1,072,637

				3,088,105

Biotechnology - 2.5%
AbbVie, Inc.		7,769		1,147,870
Amgen, Inc.		4,372		1,103,493
Biogen, Inc.^(A)		437		127,123
Incyte Corp.^(A)		2,240		190,714
Moderna, Inc.^(A)		2,002		352,472
Regeneron Pharmaceuticals, Inc.^(A)		775		587,814
Vertex Pharmaceuticals, Inc.^(A)		2,409		778,348

				4,287,834

Building Products - 0.1%
Carrier Global Corp.		4,486		204,248


	Shares		Value
COMMON STOCKS (continued)
Capital Markets - 2.0%
Ameriprise Financial, Inc.		3,688		$ 1,291,243
BlackRock, Inc.		162		122,992
Charles Schwab Corp.		16,136		1,249,249
FactSet Research Systems, Inc.		434		183,556
Morgan Stanley		2,029		197,483
Raymond James Financial, Inc.		2,881		324,890

				3,369,413

Chemicals - 1.3%
Albemarle Corp.		761		214,184
CF Industries Holdings, Inc.		3,633		307,715
Dow, Inc.		10,601		629,169
Linde PLC		944		312,407
LyondellBasell Industries NV, Class A		3,975		384,343
Mosaic Co.		8,061		399,342

				2,247,160

Commercial Services & Supplies - 1.0%
Cintas Corp.		1,086		481,902
Copart, Inc.^(A)		3,747		249,588
Republic Services, Inc.		505		63,034
Waste Management, Inc.		5,624		870,201

				1,664,725

Communications Equipment - 1.0%
Arista Networks, Inc.^(A)		1,550		195,331
Cisco Systems, Inc.		30,620		1,490,275
F5, Inc.^(A)		42		6,202

				1,691,808

Consumer Finance - 1.2%
American Express Co.		5,918		1,035,236
Capital One Financial Corp.		2,148		255,612
Discover Financial Services		4,812		561,705
Synchrony Financial		2,872		105,488

				1,958,041

Containers & Packaging - 0.6%
Amcor PLC		6,662		80,344
Avery Dennison Corp.		661		125,220
Ball Corp.		5,893		343,208
International Paper Co.		4,138		173,051
Packaging Corp. of America		1,742		248,583
Westrock Co.		2,565		100,651

				1,071,057

Distributors - 0.4%
LKQ Corp.		10,802		636,886

Diversified Financial Services - 1.8%
Berkshire Hathaway, Inc., Class B^(A)		9,386		2,923,927
Intercontinental Exchange, Inc.		887		95,397

				3,019,324

Diversified Telecommunication Services - 0.6%
AT&T, Inc.		9,788		199,382
Lumen Technologies, Inc.		10,894		57,193
Verizon Communications, Inc.		19,671		817,723

				1,074,298

Electric Utilities - 1.3%
Constellation Energy Corp.		2,321		198,121
Edison International		7,485		515,716
Entergy Corp.		2,182		236,267


Transamerica Funds			Page 1

Transamerica Large Core

SCHEDULE OF INVESTMENTS (continued)

At January 31, 2023

(unaudited)


	Shares		Value
COMMON STOCKS (continued)
Electric Utilities (continued)
Exelon Corp.		11,242		$ 474,300
NextEra Energy, Inc.		6,857		511,738
PG&E Corp.^(A)		13,193		209,769

				2,145,911

Electronic Equipment, Instruments & Components - 1.0%
Amphenol Corp., Class A		12,198		973,034
Keysight Technologies, Inc.^(A)		1,535		275,302
TE Connectivity Ltd.		1,331		169,237
Teledyne Technologies, Inc.^(A)		453		192,190

				1,609,763

Energy Equipment & Services - 0.2%
Baker Hughes Co.		1,949		61,861
Halliburton Co.		4,345		179,101
Schlumberger Ltd.		2,226		126,838

				367,800

Entertainment - 1.5%
Electronic Arts, Inc.		6,388		822,008
Live Nation Entertainment, Inc.^(A)		3,141		252,819
Netflix, Inc.^(A)		2,070		732,490
Walt Disney Co.^(A)		7,083		768,435

				2,575,752

Equity Real Estate Investment Trusts - 3.0%
AvalonBay Communities, Inc.		1,976		350,622
Boston Properties, Inc.		4,263		317,764
Equinix, Inc.		189		139,507
Equity Residential		10,434		664,124
Essex Property Trust, Inc.		404		91,332
Healthpeak Properties, Inc.		9,700		266,556
Host Hotels & Resorts, Inc.		33,748		636,150
Prologis, Inc.		2,536		327,854
Public Storage		4,101		1,248,098
Regency Centers Corp.		5,267		350,940
Simon Property Group, Inc.		4,803		616,993

				5,009,940

Food & Staples Retailing - 1.3%
Costco Wholesale Corp.		1,783		911,362
Kroger Co.		12,368		551,984
Sysco Corp.		4,007		310,382
Walmart, Inc.		2,410		346,727

				2,120,455

Food Products - 0.9%
Archer-Daniels-Midland Co.		3,661		303,314
General Mills, Inc.		5,487		429,961
Hershey Co.		1,905		427,863
Tyson Foods, Inc., Class A		4,286		281,805

				1,442,943

Health Care Equipment & Supplies - 2.0%
Abbott Laboratories		5,405		597,523
Becton Dickinson & Co.		641		161,673
DENTSPLY SIRONA, Inc.		7,097		261,383
Dexcom, Inc.^(A)		2,208		236,455
Edwards Lifesciences Corp.^(A)		4,017		308,104
GE HealthCare Technologies, Inc.^(A)		2,440		169,629
Hologic, Inc.^(A)		5,111		415,882
Intuitive Surgical, Inc.^(A)		258		63,388


	Shares		Value
COMMON STOCKS (continued)
Health Care Equipment & Supplies (continued)
Medtronic PLC		12,734		$ 1,065,708
ResMed, Inc.		631		144,101

				3,423,846

Health Care Providers & Services - 4.2%
AmerisourceBergen Corp.		1,270		214,579
Cardinal Health, Inc.		2,029		156,740
Centene Corp.^(A)		3,623		276,218
Cigna Corp.		1,112		352,137
CVS Health Corp.		11,037		973,684
DaVita, Inc.^(A)		1,154		95,078
Elevance Health, Inc.		1,993		996,480
HCA Healthcare, Inc.		827		210,943
Humana, Inc.		532		272,224
McKesson Corp.		612		231,752
Molina Healthcare, Inc.^(A)		1,132		352,992
UnitedHealth Group, Inc.		5,951		2,970,680

				7,103,507

Hotels, Restaurants & Leisure - 2.6%
Booking Holdings, Inc.^(A)		422		1,027,190
Caesars Entertainment, Inc.^(A)		1,218		63,409
Chipotle Mexican Grill, Inc.^(A)		186		306,227
Darden Restaurants, Inc.		1,361		201,387
Expedia Group, Inc.^(A)		2,354		269,062
Hilton Worldwide Holdings, Inc.		3,408		494,467
Marriott International, Inc., Class A		5,408		941,966
McDonald’s Corp.		1,768		472,763
Starbucks Corp.		5,364		585,427

				4,361,898

Household Products - 1.6%
Clorox Co.		666		96,364
Colgate-Palmolive Co.		4,991		371,979
Kimberly-Clark Corp.		2,553		331,916
Procter & Gamble Co.		13,209		1,880,697

				2,680,956

Independent Power & Renewable Electricity Producers - 0.2%
AES Corp.		10,353		283,776

Industrial Conglomerates - 1.0%
3M Co.		10,118		1,164,379
General Electric Co.		7,321		589,194

				1,753,573

Insurance - 2.4%
Aflac, Inc.		3		220
American International Group, Inc.		7,999		505,697
Aon PLC, Class A		594		189,296
Arch Capital Group Ltd.^(A)		5,828		375,032
Everest Re Group Ltd.		1,271		444,456
Marsh & McLennan Cos., Inc.		6,316		1,104,732
MetLife, Inc.		7,777		567,876
Progressive Corp.		6,462		881,094

				4,068,403

Interactive Media & Services - 4.4%
Alphabet, Inc., Class A^(A)		28,390		2,806,067
Alphabet, Inc., Class C^(A)		27,710		2,767,398
Match Group, Inc.^(A)		3,066		165,932
Meta Platforms, Inc., Class A^(A)		11,592		1,726,860

				7,466,257


Transamerica Funds			Page 2

Transamerica Large Core

SCHEDULE OF INVESTMENTS (continued)

At January 31, 2023

(unaudited)


	Shares		Value
COMMON STOCKS (continued)
Internet & Direct Marketing Retail - 2.5%
Amazon.com, Inc.^(A)		38,579		$ 3,978,652
eBay, Inc.		4,129		204,385
Etsy, Inc.^(A)		670		92,179

				4,275,216

IT Services - 4.5%
Accenture PLC, Class A		2,639		736,413
Automatic Data Processing, Inc.		2,056		464,265
Cognizant Technology Solutions Corp., Class A		1,417		94,585
EPAM Systems, Inc.^(A)		791		263,126
Fiserv, Inc.^(A)		1,404		149,779
FleetCor Technologies, Inc.^(A)		823		171,851
Gartner, Inc.^(A)		1,218		411,855
International Business Machines Corp.		487		65,613
Mastercard, Inc., Class A		5,751		2,131,321
Paychex, Inc.		4,377		507,119
PayPal Holdings, Inc.^(A)		7,074		576,460
VeriSign, Inc.^(A)		479		104,446
Visa, Inc., Class A^(B)		8,135		1,872,758

				7,549,591

Life Sciences Tools & Services - 1.8%
Agilent Technologies, Inc.		2,616		397,841
Danaher Corp.		961		254,069
IQVIA Holdings, Inc.^(A)		801		183,758
Mettler-Toledo International, Inc.^(A)		354		542,654
Thermo Fisher Scientific, Inc.		2,340		1,334,572
Waters Corp.^(A)		402		132,089
West Pharmaceutical Services, Inc.		758		201,325

				3,046,308

Machinery - 0.9%
Cummins, Inc.		499		124,520
Nordson Corp.		2,506		609,710
PACCAR, Inc.		2,617		286,064
Snap-on, Inc.		1,378		342,750
Westinghouse Air Brake Technologies Corp.		1,526		158,414

				1,521,458

Media - 1.1%
Charter Communications, Inc., Class A^(A)		1,665		639,876
Comcast Corp., Class A		17,929		705,506
Fox Corp., Class A		13,036		442,442

				1,787,824

Metals & Mining - 0.4%
Freeport-McMoRan, Inc.		6,758		301,542
Nucor Corp.		2,375		401,422

				702,964

Multi-Utilities - 1.0%
Consolidated Edison, Inc.		5,006		477,122
DTE Energy Co.		8,106		943,295
Sempra Energy		1,634		261,979

				1,682,396

Multiline Retail - 0.3%
Target Corp.		2,554		439,646

Oil, Gas & Consumable Fuels - 5.0%
Chevron Corp.		8,409		1,463,334
ConocoPhillips		4,982		607,156


	Shares		Value
COMMON STOCKS (continued)
Oil, Gas & Consumable Fuels (continued)
Coterra Energy, Inc.		2,765		$ 69,208
Devon Energy Corp.		2,060		130,274
Diamondback Energy, Inc.		653		95,416
EOG Resources, Inc.		2,065		273,096
EQT Corp.		1,918		62,661
Exxon Mobil Corp.		22,769		2,641,432
Marathon Oil Corp.		5,333		146,498
Marathon Petroleum Corp.		5,082		653,139
Occidental Petroleum Corp.		3,297		213,613
ONEOK, Inc.		10,836		742,049
Phillips 66		2,716		272,333
Pioneer Natural Resources Co.		2,333		537,407
Valero Energy Corp.		2,728		382,002
Williams Cos., Inc.		4,071		131,249

				8,420,867

Personal Products - 0.1%
Estee Lauder Cos., Inc., Class A		755		209,195

Pharmaceuticals - 3.4%
Bristol-Myers Squibb Co.		15,626		1,135,229
Eli Lilly & Co.		1,864		641,495
Johnson & Johnson		10,200		1,666,884
Merck & Co., Inc.		5,836		626,845
Pfizer, Inc.		32,630		1,440,941
Viatris, Inc.		12,063		146,686

				5,658,080

Professional Services - 0.2%
Robert Half International, Inc.		3,568		299,569

Road & Rail - 0.9%
Old Dominion Freight Line, Inc.		1,105		368,230
Union Pacific Corp.		5,917		1,208,192

				1,576,422

Semiconductors & Semiconductor Equipment - 5.5%
Advanced Micro Devices, Inc.^(A)		4,700		353,205
Analog Devices, Inc.		3,886		666,333
Applied Materials, Inc.		4,739		528,351
Broadcom, Inc.		3,486		2,039,345
Enphase Energy, Inc.^(A)		771		170,684
Lam Research Corp.		402		201,040
Microchip Technology, Inc.		6,047		469,368
Micron Technology, Inc.		3,396		204,779
NVIDIA Corp.		10,490		2,049,431
NXP Semiconductors NV		1,194		220,066
ON Semiconductor Corp.^(A)		2,411		177,088
QUALCOMM, Inc.		4,862		647,667
Teradyne, Inc.		4,443		451,853
Texas Instruments, Inc.		5,759		1,020,552

				9,199,762

Software - 7.6%
Adobe, Inc.^(A)		2,748		1,017,694
ANSYS, Inc.^(A)		355		94,558
Autodesk, Inc.^(A)		1,110		238,828
Cadence Design Systems, Inc.^(A)		3,235		591,455
Fortinet, Inc.^(A)		7,085		370,829
Microsoft Corp.		34,816		8,627,753
Salesforce, Inc.^(A)		3,590		603,012
ServiceNow, Inc.^(A)		916		416,899
Synopsys, Inc.^(A)		2,169		767,284

				12,728,312


Transamerica Funds			Page 3

Transamerica Large Core

SCHEDULE OF INVESTMENTS (continued)

At January 31, 2023

(unaudited)


	Shares		Value
COMMON STOCKS (continued)
Specialty Retail - 2.6%
AutoZone, Inc.^(A)		204		$ 497,525
Bath & Body Works, Inc.		1,543		70,993
Home Depot, Inc.		5,039		1,633,493
Lowe’s Cos., Inc.		4,026		838,414
O’Reilly Automotive, Inc.^(A)		845		669,536
TJX Cos., Inc.		879		71,955
Ulta Beauty, Inc.^(A)		987		507,279

				4,289,195

Technology Hardware, Storage & Peripherals - 6.8%
Apple, Inc.		76,537		11,043,524
Hewlett Packard Enterprise Co.		4,264		68,778
NetApp, Inc.		3,302		218,692
Western Digital Corp.^(A)		2,619		115,105

				11,446,099

Textiles, Apparel & Luxury Goods - 0.6%
NIKE, Inc., Class B		817		104,029
Ralph Lauren Corp.		2,103		260,456
Tapestry, Inc.		14,638		667,054

				1,031,539

Tobacco - 0.8%
Altria Group, Inc.		15,034		677,132
Philip Morris International, Inc.		6,214		647,747

				1,324,879


	Shares		Value
COMMON STOCKS (continued)
Trading Companies & Distributors - 1.0%
Fastenal Co.		11,294		$ 570,911
United Rentals, Inc.^(A)		1,405		619,535
WW Grainger, Inc.		948		558,827

				1,749,273

Wireless Telecommunication Services - 0.3%
T-Mobile US, Inc.^(A)		3,758		561,107

Total Common Stocks (Cost $130,457,359)				165,118,550


EXCHANGE-TRADED FUND - 1.7%
U.S. Equity Fund - 1.7%
SPDR S&P 500 ETF Trust		6,872		2,793,331

Total Exchange-Traded Fund (Cost $2,691,083)				2,793,331

Total Investments (Cost $133,148,442)				167,911,881
Net Other Assets (Liabilities) - 0.3%				537,989

Net Assets - 100.0%				$ 168,449,870

INVESTMENT VALUATION:

Valuation Inputs ^(C)


	Level 1 - Unadjusted Quoted Prices		Level 2 - Other Significant Observable Inputs		Level 3 - Significant Unobservable Inputs		Value
ASSETS
Investments
Common Stocks	$	165,118,550	$	—	$	—	$	165,118,550
Exchange-Traded Fund		2,793,331		—		—		2,793,331

Total Investments	$	167,911,881	$	—	$	—	$	167,911,881

FOOTNOTES TO SCHEDULE OF INVESTMENTS:


(A)		Non-income producing securities.
(B)		All or a portion of the security is on loan. The value of the security on loan is $1,853,881, collateralized by non-cash collateral, such as U.S. government securities and irrevocable letters of credit, of $1,892,455. The amount on loan indicated may not correspond with the security on loan identified because a security with pending sales are in the process of recall from the brokers.
(C)		There were no transfers in or out of Level 3 during the period ended January 31, 2023. Please reference the Investment Valuation section of the Notes to Schedule of Investments for more information regarding investment valuation and pricing inputs.


Transamerica Funds			Page 4

Transamerica Large Core

NOTES TO SCHEDULE OF INVESTMENTS

At January 31, 2023

(unaudited)

INVESTMENT VALUATION

Transamerica Large Core (the “Fund”) is a series of the Transamerica Funds.

Effective September 8, 2022, TAM has been designated as the Fund’s valuation designee pursuant to Rule 2a-5 under the 1940 Act with responsibility for fair valuation subject to oversight by the Fund’s Board of Trustees. The net asset value of the Fund is computed as of the official close of the New York Stock Exchange (“NYSE”) each day the NYSE is open for business.

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

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

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

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

The inputs used to measure fair value may fall into different Levels of the fair value hierarchy. In such cases, for disclosure purposes, the Level in the fair value hierarchy that is assigned to the fair value measurement of a security is determined based on the lowest Level input that is significant to the fair value measurement in its entirety. Certain investments that are measured at fair value using Net Asset Value per share, or its equivalent, using the “practical expedient” have not been classified in the fair value Levels. The hierarchy classification of inputs used to value the Fund’s investments at January 31, 2023, is disclosed within the Investment Valuation section of the Schedule of Investments.

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

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

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

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

Exchange-traded funds (“ETF”): ETFs are stated at the last reported sale price or closing price on the day of valuation taken from the primary exchange where the ETF is principally traded. ETFs are generally categorized in Level 1 of the fair value hierarchy.

SUBSEQUENT EVENT

Effective March 1, 2023, the Fund was renamed Transamerica Large Core ESG. Also effective March 1, 2023, the Fund began to offer Class A shares and Class R shares to investors. The Fund’s principal investment strategies, principal risks, portfolio managers, investment manager and investment management and sub-advisory fee schedules remain the same.


Transamerica Funds			Page 5