0001752724-23-043124.txt : 20230227 0001752724-23-043124.hdr.sgml : 20230227 20230227152621 ACCESSION NUMBER: 0001752724-23-043124 CONFORMED SUBMISSION TYPE: NPORT-P PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20221230 FILED AS OF DATE: 20230227 DATE AS OF CHANGE: 20230227 PERIOD START: 20230331 FILER: COMPANY DATA: COMPANY CONFORMED NAME: IVY FUNDS CENTRAL INDEX KEY: 0000883622 IRS NUMBER: 481112076 STATE OF INCORPORATION: DE FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: NPORT-P SEC ACT: 1940 Act SEC FILE NUMBER: 811-06569 FILM NUMBER: 23674079 BUSINESS ADDRESS: STREET 1: 6300 LAMAR AVE CITY: OVERLAND PARK STATE: KS ZIP: 66202 BUSINESS PHONE: 9132362000 MAIL ADDRESS: STREET 1: P O BOX 29217 CITY: SHAWNEE MISSION STATE: KS ZIP: 66201-9217 FORMER COMPANY: FORMER CONFORMED NAME: IVY FUNDS INC DATE OF NAME CHANGE: 20030630 FORMER COMPANY: FORMER CONFORMED NAME: W&R FUNDS INC DATE OF NAME CHANGE: 20000829 FORMER COMPANY: FORMER CONFORMED NAME: WADDELL & REED FUNDS INC DATE OF NAME CHANGE: 19920717 0000883622 S000037255 Delaware Global Value Equity Fund C000114758 Class A IBIAX C000114760 Class C IBICX C000114761 Class I IBIIX C000114762 Class Y IBIYX C000119096 Class R IYGEX C000146701 Class R6 IICNX NPORT-P 1 primary_doc.xml NPORT-P false 0000883622 XXXXXXXX S000037255 C000114762 C000146701 C000119096 C000114761 C000114758 C000114760 IVY FUNDS 811-06569 0000883622 UJ5MWG3K37CY01MVRY13 100 Independence 610 Market Street Philadelphia 19106 215-255-1200 Delaware Global Value Equity Fund S000037255 54930006C13K31Q7KD52 2023-03-31 2022-12-30 N 329768356.25 7986821.40 321781534.85 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 UST Amadeus IT Group SA 9598004A3FTY3TEHHN09 Amadeus IT Group SA 000000000 237040.00000000 NS 12319051.17000000 3.828389710348 Long EC CORP ES N 1 N N N Koninklijke Ahold Delhaize NV 724500C9GNBV20UYRX36 Koninklijke Ahold Delhaize NV 000000000 552460.00000000 NS 15872660.86000000 4.932744468199 Long EC CORP NL N 1 N N N Henry Schein Inc VGO3WGL8H45T73F4RR92 Henry Schein Inc 806407102 165000.00000000 NS USD 13178550.00000000 4.095496034644 Long EC CORP US N 1 N N N Intertek Group PLC 2138003GAT25WW1RN369 Intertek Group PLC 000000000 133740.00000000 NS 6522371.81000000 2.026956522859 Long EC CORP GB N 1 N N N Lamb Weston Holdings Inc 5493005SMYID1D2OY946 Lamb Weston Holdings Inc 513272104 100380.00000000 NS USD 8969956.80000000 2.787592148250 Long EC CORP US N 1 N N N Danone SA 969500KMUQ2B6CBAF162 Danone SA 000000000 177700.00000000 NS 9364479.65000000 2.910197956003 Long EC CORP FR N 1 N N N Air Liquide SA 969500MMPQVHK671GT54 Air Liquide SA 000000000 84240.00000000 NS 11939131.34000000 3.710322080962 Long EC CORP FR N 1 N N N adidas AG 549300JSX0Z4CW0V5023 adidas AG 000000000 65030.00000000 NS 8872664.39000000 2.757356600382 Long EC CORP DE N 1 N N N Conagra Brands Inc 54930035UDEIH090K650 Conagra Brands Inc 205887102 110370.00000000 NS USD 4271319.00000000 1.327397173983 Long EC CORP US N 1 N N N Vanguard S&P 500 ETF N/A Vanguard S&P 500 ETF 922908363 4990.00000000 NS USD 1753186.60000000 0.544837540419 Long EC RF US N 1 N N N Securitas AB 635400TTYKE8EIWDS617 Securitas AB 000000000 1171209.99999900 NS 9760410.70000000 3.033241389860 Long EC CORP SE N 1 N N N Makita Corp 529900CDR9E94BCM6294 Makita Corp 000000000 213200.00000000 NS 5003474.55000000 1.554929045985 Long EC CORP JP N 1 N N N Kao Corp 353800HM38HFCB8RGL63 Kao Corp 000000000 192900.00000000 NS 7723937.06000000 2.400366777913 Long EC CORP JP N 1 N N Otis Worldwide Corp 549300ZLBKR8VSU25153 Otis Worldwide Corp 68902V107 47190.00000000 NS USD 3695448.90000000 1.148434108166 Long EC CORP US N 1 N N N Fresenius Medical Care AG & Co 549300CP8NY40UP89Q40 Fresenius Medical Care AG & Co KGaA 000000000 160660.00000000 NS 5257382.65000000 1.633836028674 Long EC CORP DE N 1 N N N Asahi Group Holdings Ltd 353800KAJ02XNHLCJW79 Asahi Group Holdings Ltd 000000000 106800.00000000 NS 3351944.53000000 1.041683305899 Long EC CORP JP N 1 N N Unilever PLC 549300MKFYEKVRWML317 Unilever PLC 000000000 266920.00000000 NS 13495018.50000000 4.193844903589 Long EC CORP GB N 1 N N N Swatch Group AG/The 529900NTES2LEON1JZ55 Swatch Group AG/The 000000000 31440.00000000 NS 8942540.42000000 2.779071963892 Long EC CORP CH N 1 N N N Smith & Nephew PLC 213800ZTMDN8S67S1H61 Smith & Nephew PLC 000000000 873840.00000000 NS 11721078.29000000 3.642557766860 Long EC CORP GB N 1 N N N Orange SA 969500MCOONR8990S771 Orange SA 000000000 702370.00000000 NS 6977938.10000000 2.168532791433 Long EC CORP FR N 1 N N N Clorox Co/The 54930044KVSC06Z79I06 Clorox Co/The 189054109 86600.00000000 NS USD 12152578.00000000 3.776654867926 Long EC CORP US N 1 N N N Nestle SA KY37LUS27QQX7BB93L28 Nestle SA 000000000 134300.00000000 NS 15561457.85000000 4.836031954802 Long EC CORP CH N 1 N N N Knorr-Bremse AG 5299001GRRO0Z25YZT52 Knorr-Bremse AG 000000000 101780.00000000 NS 5560828.47000000 1.728137841281 Long EC CORP DE N 1 N N N Diageo PLC 213800ZVIELEA55JMJ32 Diageo PLC 000000000 299520.00000000 NS 13216821.70000000 4.107389725193 Long EC CORP GB N 1 N N N Novo Nordisk A/S 549300DAQ1CVT6CXN342 Novo Nordisk A/S 000000000 65580.00000000 NS 8855018.14000000 2.751872677879 Long EC CORP DK N 1 N N N Merck & Co Inc 4YV9Y5M8S0BRK1RP0397 Merck & Co Inc 58933Y105 116340.00000000 NS USD 12907923.00000000 4.011393321875 Long EC CORP US N 1 N N N Roche Holding AG 549300U41AUUVOAAOB37 Roche Holding AG 000000000 24460.00000000 NS 7684669.88000000 2.388163722191 Long EC CORP CH N 1 N N N Parker-Hannifin Corp 5493002CONDB4N2HKI23 Parker-Hannifin Corp 701094104 13030.00000000 NS USD 3791730.00000000 1.178355371375 Long EC CORP US N 1 N N N H & M Hennes & Mauritz AB 529900O5RR7R39FRDM42 H & M Hennes & Mauritz AB 000000000 566640.00000000 NS 6094929.36000000 1.894120295883 Long EC CORP SE N 1 N N Sodexo SA 969500LCBOG12HXPYM84 Sodexo SA 000000000 99660.00000000 NS 9545820.09000000 2.966553097725 Long EC CORP FR N 1 N N N Visa Inc 549300JZ4OKEHW3DPJ59 Visa Inc 92826C839 34490.00000000 NS USD 7165642.40000000 2.226865628986 Long EC CORP US N 1 N N Essity AB 549300G8E6YUVJ1DA153 Essity AB 000000000 361770.00000000 NS 9475147.32000000 2.944590131443 Long EC CORP SE N 1 N N N Kimberly-Clark Corp MP3J6QPYPGN75NVW2S34 Kimberly-Clark Corp 494368103 86890.00000000 NS USD 11795317.50000000 3.665629075173 Long EC CORP US N 1 N N N Pfizer Inc 765LHXWGK1KXCLTFYQ30 Pfizer Inc 717081103 153136.00000000 NS USD 7846688.64000000 2.438514268277 Long EC CORP US N 1 N N N Ingredion Inc PKSTQ48QDN0XSVS7YK88 Ingredion Inc 457187102 102540.00000000 NS USD 10041742.20000000 3.120670738512 Long EC CORP US N 1 N N N SAP SE 529900D6BF99LW9R2E68 SAP SE 000000000 113570.00000000 NS 11718229.32000000 3.641672392874 Long EC CORP DE N 1 N N N DREYFUS INST PREF GOVT PLUS MMF - SL #4134 N/A DREYFUS INST PREF GOVT PLUS MMF - SL #4134 000000000 5870765.09000000 NS USD 5870765.09000000 1.824456798845 Long STIV RF US N 1 N N 2023-02-22 IVY FUNDS Dan Geatens Dan Geatens Division Director - Head of US Fund Administration XXXX NPORT-EX 2 AIV0590DEL123122.htm
Schedule of investments
Delaware Global Value Equity Fund 
December 31, 2022 (Unaudited)
    Number of
shares 		Value (US $)
Common Stocks – 99.25%Δ
Denmark − 2.76%
Novo Nordisk Class B      65,580 $  8,855,018
    8,855,018
France − 11.72%
Air Liquide      82,750   11,727,957
Danone     177,700    9,364,480
Orange     702,370    6,977,938
Sodexo      99,660   9,545,820
   37,616,195
Germany − 9.73%
adidas AG      65,030    8,872,664
Fresenius Medical Care AG & Co.     160,660    5,257,383
Knorr-Bremse     101,780    5,560,829
SAP     111,970  11,553,140
   31,244,016
Japan − 5.01%
Asahi Group Holdings     106,800    3,351,944
Kao     192,900    7,723,937
Makita     213,200   5,003,475
   16,079,356
Netherlands − 4.95%
Koninklijke Ahold Delhaize     552,460  15,872,661
   15,872,661
Spain − 3.79%
Amadeus IT Group †     233,890  12,155,345
   12,155,345
Sweden − 7.85%
Essity Class B     361,770    9,475,147
H & M Hennes & Mauritz Class B     566,640    6,094,929
Securitas Class B   1,156,400   9,636,990
   25,207,066
Switzerland − 10.03%
Nestle     134,300   15,561,458
Roche Holding      24,460    7,684,670
Swatch Group      31,440   8,942,540
   32,188,668
United Kingdom − 13.93%
Diageo     299,520   13,216,822
Intertek Group     133,740    6,522,372
Smith & Nephew     869,790   11,666,754
Unilever     263,350  13,314,525
   44,720,473
United States − 29.48%
Clorox      86,060   12,076,800
Conagra Brands     106,770    4,131,999
Henry Schein †     164,090   13,105,868
Ingredion     102,120   10,000,611
    Number of
shares 		Value (US $)
Common StocksΔ (continued)
United States (continued)
Kimberly-Clark      86,480 $ 11,739,660
Lamb Weston Holdings      99,630    8,902,937
Merck & Co.     115,860   12,854,667
Otis Worldwide      43,760    3,426,846
Parker-Hannifin      12,290    3,576,390
Pfizer     150,586    7,716,027
Visa Class A      34,200   7,105,392
   94,637,197
Total Common Stocks
(cost $341,610,154) 		318,575,995
 
Exchange-Traded Fund – 0.55%
Vanguard S&P 500 ETF       4,990   1,753,187
Total Exchange-Traded Fund
(cost $1,689,754) 		  1,753,187
Total Value of Securities−99.80%
(cost $343,299,908) 		    320,329,182
Receivables and Other Assets Net of Liabilities — 0.20%         649,948
Net Assets Applicable to 43,788,981 Shares Outstanding — 100.00%     $320,979,130
Δ Securities have been classified by country of risk.
† Non-income producing security.
NQ-IV059 [12/22] 2/23 (2742172)    1
Schedule of investments
Delaware Global Value Equity Fund   (Unaudited)
 The following foreign currency exchange contracts were outstanding at December 31, 2022:
Foreign Currency Exchange Contracts        
Counterparty   Currency to
Receive (Deliver) 		  In Exchange For   Settlement
Date 		  Unrealized
Depreciation
BNYM   EUR (508,623)   USD 543,880   1/3/23   $(730)
BNYM   GBP (194,236)   USD 234,278   1/4/23   (574)
BNYM   SEK (1,305,249)   USD 125,008   1/3/23   (107)
Total Foreign Currency Exchange Contracts   $(1,411)
The use of foreign currency exchange contracts involves elements of market risk and risks in excess of the amounts disclosed in the financial statements. The foreign currency exchange contracts presented above represent the Fund's total exposure in such contracts, whereas only the net unrealized appreciation (depreciation) is reflected in the Fund's net assets.
Summary of abbreviations: 
AG – Aktiengesellschaft
BNYM – Bank of New York Mellon
ETF – Exchange-Traded Fund
S&P – Standard & Poor’s Financial Services LLC
Summary of currencies: 
EUR – European Monetary Unit
GBP – British Pound Sterling
SEK – Swedish Krona
USD – US Dollar
2    NQ-IV059 [12/22] 2/23 (2742172)