NPORT-EX 2 AIV0020DEL063023.htm
Schedule of investments
Delaware Ivy Small Cap Growth Fund 
June 30, 2023 (Unaudited)
    Number of
shares 		Value (US $)
Common Stocks — 98.93%
Communication Services — 2.63%
IMAX †     942,969 $   16,021,043
Iridium Communications      383,275    23,809,043
     39,830,086
Consumer Discretionary — 13.07%
Boot Barn Holdings †     291,355     24,674,855
First Watch Restaurant Group †     492,324      8,320,275
Fox Factory Holding †     107,473     11,661,895
Marriott Vacations Worldwide       90,700     11,130,704
Meritage Homes      140,837     20,036,880
Monarch Casino & Resort      121,055      8,528,325
Red Rock Resorts Class A      660,842     30,914,189
Texas Roadhouse      325,633     36,562,073
Visteon †     161,461     23,187,414
Wingstop      115,792    23,176,927
    198,193,537
Consumer Staples — 2.42%
BellRing Brands †     346,492     12,681,607
Duckhorn Portfolio †     406,658      5,274,354
MGP Ingredients      176,120    18,718,034
     36,673,995
Energy — 3.71%
Cactus Class A      460,784     19,500,379
SM Energy      266,568      8,431,546
Weatherford International †     427,109    28,368,580
     56,300,505
Financials — 7.42%
Flywire †     560,877     17,409,622
Houlihan Lokey      243,951     23,982,823
Kinsale Capital Group       93,639     35,039,714
Seacoast Banking      532,742     11,773,598
Shift4 Payments Class A †     357,493    24,277,350
    112,483,107
Healthcare — 22.46%
Acadia Healthcare †     339,412     27,030,772
Axonics †     247,828     12,507,879
CryoPort †     958,538     16,534,780
Cytek Biosciences †     820,019      7,002,962
Evolent Health Class A †     908,213     27,518,854
Halozyme Therapeutics †     460,273     16,602,047
Harmony Biosciences Holdings †     591,304     20,807,988
Inmode †     778,483     29,076,340
Insmed †     629,866     13,290,172
Pacira BioSciences †     473,081     18,956,356
Penumbra †      66,413     22,850,057
Progyny †     965,344     37,976,633
PTC Therapeutics †     180,422      7,337,763
R1 RCM †   1,359,960     25,091,262
    Number of
shares 		Value (US $)
Common Stocks (continued)
Healthcare (continued)
TransMedics Group †     337,161 $   28,314,781
Vericel †     790,251    29,689,730
    340,588,376
Industrials — 21.20%
AAON      142,255     13,487,197
Casella Waste Systems Class A †     189,996     17,185,138
CBIZ †     565,480     30,128,774
Chart Industries †      34,074      5,444,684
Clean Harbors †     244,329     40,175,017
EnerSys      263,480     28,592,850
Federal Signal      401,058     25,679,744
Kirby †     366,390     28,193,710
Parsons †     633,226     30,483,500
Paycor HCM †   1,240,516     29,363,014
Saia †      61,019     20,893,516
Shoals Technologies Group Class A †     974,062     24,897,025
SiteOne Landscape Supply †     161,152    26,970,399
    321,494,568
Information Technology — 22.92%
Allegro MicroSystems †     777,370     35,090,482
Belden      173,629     16,607,614
Box Class A †     783,856     23,029,689
Calix †     397,598     19,844,116
CyberArk Software †     237,499     37,128,219
DoubleVerify Holdings †   1,285,280     50,023,098
Instructure Holdings †     669,802     16,852,218
Jamf Holding †     418,338      8,165,958
Onto Innovation †     159,812     18,613,304
Power Integrations      176,022     16,664,003
Rambus †     149,241      9,576,795
Silicon Laboratories †      56,858      8,968,781
Smartsheet Class A †     572,374     21,899,029
Sprout Social Class A †     460,191     21,242,416
Super Micro Computer †      72,041     17,956,219
Tenable Holdings †     593,630    25,852,586
    347,514,527
Materials — 2.28%
ATI †     780,657    34,528,459
     34,528,459
Real Estate — 0.82%
Ryman Hospitality Properties      133,095    12,367,187
     12,367,187
Total Common Stocks
(cost $1,316,874,450) 		1,499,974,347
NQ- IV002 [0623] 0823 (3049429)    1
Schedule of investments
Delaware Ivy Small Cap Growth Fund   (Unaudited)
    Number of
shares 		Value (US $)
Short-Term Investments — 1.22%
Money Market Mutual Funds — 1.22%
BlackRock Liquidity FedFund – Institutional Shares (seven-day effective yield 4.99%)   4,646,448 $    4,646,448
Fidelity Investments Money Market Government Portfolio – Class I (seven-day effective yield 4.99%)   4,646,447      4,646,447
Goldman Sachs Financial Square Government Fund – Institutional Shares (seven-day effective yield 5.14%)   4,646,448      4,646,448
Morgan Stanley Institutional Liquidity Funds Government Portfolio – Institutional Class (seven-day effective yield 5.03%)   4,646,447     4,646,447
Total Short-Term Investments
(cost $18,585,790) 		   18,585,790
Total Value of Securities—100.15%
(cost $1,335,460,240) 		    1,518,560,137
Liabilities Net of Receivables and Other Assets—(0.15%)        (2,303,205)
Net Assets Applicable to 101,085,585 Shares Outstanding—100.00%     $1,516,256,932
    
† Non-income producing security.
 
2    NQ- IV002 [0623] 0823 (3049429)