N-Q 1 a_jhvit.htm JOHN HANCOCK VARIABLE INSURANCE TRUST a_jhvit.htm
UNITED STATES 
SECURITIES AND EXCHANGE COMMISSION 
Washington, DC 20549 
 
FORM N-Q 
 
QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED 
MANAGEMENT INVESTMENT COMPANY 
 
Investment Company Act file number:  811-04146 
JOHN HANCOCK VARIABLE INSURANCE TRUST 
(Exact name of registrant as specified in charter) 
 
601 CONGRESS STREET, BOSTON, MA 02210 
(Address of principal executive offices)  (Zip code) 
 
SALVATORE SCHIAVONE, 601 CONGRESS STREET, BOSTON, MA 02210 
(Name and address of agent for service) 

 

Registrant’s telephone number, including area code: 617-663-4497

Date of fiscal year end: December 31

Date of reporting period: September 30, 2012

Item 1. Schedule of Investments.


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

500 Index Trust    
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS - 98.7%    
Consumer Discretionary - 10.9%    
Auto Components - 0.2%    
BorgWarner, Inc. (I)(L) 12,655 $ 874,587
Johnson Controls, Inc. 75,316 2,063,658
The Goodyear Tire & Rubber Company (I) 26,612 324,400
 
    3,262,645
Automobiles - 0.4%    
Ford Motor Company 420,077 4,141,959
Harley-Davidson, Inc. 25,179 1,066,834
 
    5,208,793
Distributors - 0.1%    
Genuine Parts Company (L) 17,187 1,048,923
Diversified Consumer Services - 0.1%    
Apollo Group, Inc., Class A (I) 10,974 318,795
DeVry, Inc. (L) 6,409 145,868
H&R Block, Inc. 29,842 517,162
 
    981,825
Hotels, Restaurants & Leisure - 1.8%    
Carnival Corp. (L) 49,280 1,795,763
Chipotle Mexican Grill, Inc. (I) 3,491 1,108,532
Darden Restaurants, Inc. (L) 14,253 794,605
International Game Technology 29,325 383,864
Marriott International, Inc. (L) 27,708 1,083,383
McDonald’s Corp. 111,063 10,190,030
Starbucks Corp. 83,690 4,247,268
Starwood Hotels & Resorts Worldwide, Inc. 21,738 1,259,934
Wyndham Worldwide Corp. 15,600 818,688
Wynn Resorts, Ltd. 8,762 1,011,485
Yum! Brands, Inc. 50,298 3,336,769
 
    26,030,321
Household Durables - 0.3%    
D.R. Horton, Inc. (L) 30,468 628,860
Harman International Industries, Inc. 7,371 340,245
Leggett & Platt, Inc. (L) 15,817 396,216
Lennar Corp., Class A (L) 17,697 615,325
Newell Rubbermaid, Inc. 31,526 601,831
PulteGroup, Inc. (I) 37,590 582,645
Whirlpool Corp. (L) 8,572 710,705
 
    3,875,827
Internet & Catalog Retail - 1.0%    
Amazon.com, Inc. (I) 39,847 10,133,889
Expedia, Inc. (L) 10,325 597,198
Netflix, Inc. (I)(L) 6,039 328,763
priceline.com, Inc. (I) 5,492 3,398,065
TripAdvisor, Inc. (I)(L) 12,065 397,300
 
    14,855,215
Leisure Equipment & Products - 0.1%    
Hasbro, Inc. (L) 12,693 484,492
Mattel, Inc. 37,534 1,331,706
 
    1,816,198
Media - 3.5%    
Cablevision Systems Corp., Class A (L) 24,152 382,809
CBS Corp., Class B 65,536 2,380,923
Comcast Corp., Class A 294,765 10,543,744
DIRECTV (I) 69,138 3,626,979
Discovery Communications, Inc., Class A (I) 27,237 1,624,142
Gannett Company, Inc. (L) 25,552 453,548
News Corp., Class A 224,268 5,501,294
Omnicom Group, Inc. 29,259 1,508,594
Scripps Networks Interactive, Inc., Class A 9,524 583,155

 

500 Index Trust (continued)    
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Media (continued)    
The Interpublic Group of Companies, Inc. 48,181 $ 535,773
The McGraw-Hill Companies, Inc. 30,856 1,684,429
The Walt Disney Company (L) 197,678 10,334,606
The Washington Post Company, Class B (L) 524 190,228
Time Warner Cable, Inc. 33,732 3,206,564
Time Warner, Inc. 104,388 4,731,908
Viacom, Inc., Class B 52,165 2,795,522
 
    50,084,218
Multiline Retail - 0.7%    
Big Lots, Inc. (I)(L) 6,472 191,442
Dollar Tree, Inc. (I) 25,226 1,217,785
Family Dollar Stores, Inc. 10,675 707,753
J.C. Penney Company, Inc. (L) 15,928 386,891
Kohl’s Corp. 23,745 1,216,219
Macy’s, Inc. 44,335 1,667,883
Nordstrom, Inc. 16,803 927,190
Target Corp. 72,127 4,577,901
 
    10,893,064
Specialty Retail - 2.1%    
Abercrombie & Fitch Company, Class A (L) 8,979 304,568
AutoNation, Inc. (I)(L) 4,175 182,322
AutoZone, Inc. (I) 4,130 1,526,737
Bed Bath & Beyond, Inc. (I) 25,575 1,611,225
Best Buy Company, Inc. (L) 29,248 502,773
CarMax, Inc. (I)(L) 25,267 715,056
GameStop Corp., Class A (L) 13,539 284,319
Limited Brands, Inc. (L) 26,278 1,294,454
Lowe’s Companies, Inc. 125,661 3,799,989
O’Reilly Automotive, Inc. (I) 13,100 1,095,422
Ross Stores, Inc. 24,752 1,598,979
Staples, Inc. (L) 74,945 863,366
The Gap, Inc. 32,837 1,174,908
The Home Depot, Inc. 166,098 10,027,336
Tiffany & Company (L) 13,103 810,814
TJX Companies, Inc. 81,079 3,631,528
Urban Outfitters, Inc. (I)(L) 12,127 455,490
 
    29,879,286
Textiles, Apparel & Luxury Goods - 0.6%    
Coach, Inc. 31,491 1,764,126
Fossil, Inc. (I) 6,022 510,063
NIKE, Inc., Class B 40,487 3,842,621
Ralph Lauren Corp. 6,720 1,016,266
VF Corp. (L) 9,682 1,542,924
 
    8,676,000
 
    156,612,315
Consumer Staples - 10.7%    
Beverages - 2.4%    
Beam, Inc. 17,433 1,003,095
Brown-Forman Corp., Class B (L) 16,706 1,090,067
Coca-Cola Enterprises, Inc. 30,474 952,922
Constellation Brands, Inc., Class A (I) 16,122 521,547
Dr. Pepper Snapple Group, Inc. (L) 23,359 1,040,176
Molson Coors Brewing Company, Class B 17,094 770,085
Monster Beverage Corp. (I) 16,940 917,470
PepsiCo, Inc. 171,448 12,133,375
The Coca-Cola Company 426,516 16,177,752
 
    34,606,489
Food & Staples Retailing - 2.4%    
Costco Wholesale Corp. 47,612 4,767,152
CVS Caremark Corp. 140,199 6,788,436
Safeway, Inc. (L) 26,144 420,657

 

1

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

500 Index Trust (continued)    
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Food & Staples Retailing (continued)    
Sysco Corp. (L) 64,570 $ 2,019,104
The Kroger Company (L) 60,027 1,413,036
Wal-Mart Stores, Inc. 185,173 13,665,767
Walgreen Company 94,420 3,440,665
Whole Foods Market, Inc. 18,925 1,843,295
 
    34,358,112
Food Products - 1.7%    
Archer-Daniels-Midland Company 72,530 1,971,365
Campbell Soup Company (L) 19,800 689,436
ConAgra Foods, Inc. 44,610 1,230,790
Dean Foods Company (I) 20,065 328,063
General Mills, Inc. 71,403 2,845,410
H.J. Heinz Company 35,254 1,972,461
Hormel Foods Corp. (L) 14,910 435,968
Kellogg Company 27,158 1,402,982
Kraft Foods, Inc. 195,501 8,083,966
McCormick & Company, Inc., Non-    
Voting Shares (L) 14,648 908,762
Mead Johnson Nutrition Company 22,439 1,644,330
The Hershey Company 16,742 1,186,840
The J.M. Smucker Company 12,049 1,040,190
Tyson Foods, Inc., Class A 32,272 516,997
 
    24,257,560
Household Products - 2.1%    
Colgate-Palmolive Company (L) 49,096 5,264,073
Kimberly-Clark Corp. 43,495 3,731,001
The Clorox Company 14,347 1,033,701
The Procter & Gamble Company 303,419 21,045,142
 
    31,073,917
Personal Products - 0.2%    
Avon Products, Inc. 47,856 763,303
The Estee Lauder Companies, Inc., Class A 26,433 1,627,480
 
    2,390,783
Tobacco - 1.9%    
Altria Group, Inc. 223,986 7,478,893
Lorillard, Inc. 14,389 1,675,599
Philip Morris International, Inc. 185,725 16,704,107
Reynolds American, Inc. 36,048 1,562,320
 
    27,420,919
    154,107,780
Energy - 11.2%    
Energy Equipment & Services - 1.9%    
Baker Hughes, Inc. 48,412 2,189,675
Cameron International Corp. (I) 27,125 1,520,899
Diamond Offshore Drilling, Inc. 7,561 497,589
Ensco PLC, Class A 25,573 1,395,263
FMC Technologies, Inc. (I) 26,300 1,217,690
Halliburton Company 102,202 3,443,185
Helmerich & Payne, Inc. (L) 11,682 556,180
Nabors Industries, Ltd. (I) 32,491 455,849
National Oilwell Varco, Inc. (L) 46,982 3,763,728
Noble Corp. (I) 27,832 995,829
Rowan Companies PLC, Class A (I) 13,506 456,098
Schlumberger, Ltd. 146,188 10,573,778
 
    27,065,763
Oil, Gas & Consumable Fuels - 9.3%    
Alpha Natural Resources, Inc. (I) 23,956 157,391
Anadarko Petroleum Corp. 55,039 3,848,327
Apache Corp. 43,098 3,726,684
Cabot Oil & Gas Corp. 23,142 1,039,076

 

500 Index Trust (continued)    
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Oil, Gas & Consumable Fuels (continued)    
Chesapeake Energy Corp. (L) 57,138 $ 1,078,194
Chevron Corp. 216,191 25,199,223
ConocoPhillips 133,830 7,652,399
CONSOL Energy, Inc. (L) 25,202 757,320
Denbury Resources, Inc. (I) 43,342 700,407
Devon Energy Corp. 41,432 2,506,636
EOG Resources, Inc. 29,744 3,332,815
EQT Corp. 16,520 974,680
Exxon Mobil Corp. 508,512 46,503,422
Hess Corp. 32,730 1,758,256
Kinder Morgan, Inc. 62,888 2,233,782
Marathon Oil Corp. 77,666 2,296,584
Marathon Petroleum Corp. 37,325 2,037,572
Murphy Oil Corp. 20,326 1,091,303
Newfield Exploration Company (I) 15,092 472,681
Noble Energy, Inc. 19,580 1,815,262
Occidental Petroleum Corp. 89,226 7,678,790
Peabody Energy Corp. 29,622 660,274
Phillips 66 69,105 3,204,399
Pioneer Natural Resources Company 13,553 1,414,933
QEP Resources, Inc. 19,401 614,236
Range Resources Corp. (L) 17,886 1,249,695
Southwestern Energy Company (I) 38,326 1,332,978
Spectra Energy Corp. 71,934 2,111,982
Sunoco, Inc. (L) 11,517 539,341
Tesoro Corp. 15,263 639,520
The Williams Companies, Inc. 69,010 2,413,280
Valero Energy Corp. 60,797 1,926,049
WPX Energy, Inc. (I) 21,612 358,543
 
    133,326,034
 
    160,391,797
Financials - 14.2%    
Capital Markets - 1.8%    
Ameriprise Financial, Inc. 23,199 1,315,151
BlackRock, Inc. 14,089 2,512,069
E*TRADE Financial Corp. (I) 29,207 257,314
Federated Investors, Inc., Class B (L) 10,085 208,659
Franklin Resources, Inc. 15,212 1,902,565
Invesco, Ltd. 49,306 1,232,157
Legg Mason, Inc. 13,111 323,579
Morgan Stanley 152,310 2,549,669
Northern Trust Corp. (L) 24,071 1,117,255
State Street Corp. 52,772 2,214,313
T. Rowe Price Group, Inc. 27,965 1,770,185
The Bank of New York Mellon Corp. 130,317 2,947,771
The Charles Schwab Corp. 120,573 1,542,129
The Goldman Sachs Group, Inc. 49,651 5,644,326
 
    25,537,142
Commercial Banks - 2.8%    
BB&T Corp. 77,047 2,554,879
Comerica, Inc. 21,388 664,097
Fifth Third Bancorp 101,237 1,570,186
First Horizon National Corp. (L) 27,477 264,604
Huntington Bancshares, Inc. 94,031 648,814
KeyCorp 103,651 905,910
M&T Bank Corp. (L) 13,252 1,261,060
PNC Financial Services Group, Inc. 58,332 3,680,749
Regions Financial Corp. 155,650 1,122,237
SunTrust Banks, Inc. 59,324 1,677,089
U.S. Bancorp 208,845 7,163,384
Wells Fargo & Company 541,242 18,689,086

 

2

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

500 Index Trust (continued)    
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Commercial Banks (continued)    
Zions Bancorporation 20,032 $ 413,761
    40,615,856
Consumer Finance - 0.9%    
American Express Company 108,643 6,177,441
Capital One Financial Corp. 64,016 3,649,552
Discover Financial Services 56,731 2,253,923
SLM Corp. 51,674 812,315
 
    12,893,231
Diversified Financial Services - 3.0%    
Bank of America Corp. 1,187,249 10,483,409
Citigroup, Inc. 323,065 10,570,687
CME Group, Inc. 33,663 1,928,890
IntercontinentalExchange, Inc. (I) 8,017 1,069,548
JPMorgan Chase & Company 418,514 16,941,447
Leucadia National Corp. 22,148 503,867
Moody’s Corp. (L) 21,186 935,786
NYSE Euronext 27,048 666,733
The NASDAQ OMX Group, Inc. 13,314 310,150
 
    43,410,517
Insurance - 3.7%    
ACE, Ltd. 37,364 2,824,718
Aflac, Inc. 51,562 2,468,789
American International Group, Inc. (I) 128,473 4,212,630
Aon PLC 35,498 1,856,190
Assurant, Inc. 8,930 333,089
Berkshire Hathaway, Inc., Class B (I) 202,039 17,819,840
Cincinnati Financial Corp. (L) 16,087 609,536
Genworth Financial, Inc., Class A (I) 53,451 279,549
Hartford Financial Services Group, Inc. 47,944 932,031
Lincoln National Corp. 31,040 750,858
Loews Corp. 34,426 1,420,417
Marsh & McLennan Companies, Inc. 59,913 2,032,848
MetLife, Inc. 117,009 4,032,130
Principal Financial Group, Inc. 30,514 822,047
Prudential Financial, Inc. (L) 51,332 2,798,107
The Allstate Corp. 53,435 2,116,560
The Chubb Corp. 29,167 2,224,859
The Progressive Corp. (L) 61,689 1,279,430
The Travelers Companies, Inc. 42,519 2,902,347
Torchmark Corp. (L) 10,431 535,632
Unum Group 31,087 597,492
XL Group PLC 33,899 814,593
 
    53,663,692
Real Estate Investment Trusts - 1.8%    
Apartment Investment & Management    
Company, Class A 15,972 415,112
AvalonBay Communities, Inc. 10,669 1,450,877
Boston Properties, Inc. 16,600 1,836,126
Equity Residential 33,159 1,907,637
HCP, Inc. 47,312 2,104,438
Health Care REIT, Inc. 25,160 1,452,990
Host Hotels & Resorts, Inc. (L) 79,528 1,276,424
Kimco Realty Corp. 44,941 910,954
Plum Creek Timber Company, Inc. (L) 17,890 784,298
Prologis, Inc. 50,690 1,775,671
Public Storage 15,878 2,209,741
Simon Property Group, Inc. 33,425 5,074,249
Ventas, Inc. 32,526 2,024,744
Vornado Realty Trust 18,597 1,507,287
Weyerhaeuser Company 59,241 1,548,560
 
    26,279,108

 

500 Index Trust (continued)    
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Real Estate Management & Development - 0.1%    
CBRE Group, Inc., Class A (I) 33,164 $ 610,549
Thrifts & Mortgage Finance - 0.1%    
Hudson City Bancorp, Inc. 52,150 415,114
People’s United Financial, Inc. 38,706 469,891
 
    885,005
 
    203,895,100
Health Care - 11.8%    
Biotechnology - 1.6%    
Alexion Pharmaceuticals, Inc. (I) 21,265 2,432,716
Amgen, Inc. 84,905 7,159,190
Biogen Idec, Inc. (I) 26,053 3,887,889
Celgene Corp. (I) 47,515 3,630,146
Gilead Sciences, Inc. (I) 83,337 5,527,743
 
    22,637,684
Health Care Equipment & Supplies - 1.7%    
Baxter International, Inc. 60,276 3,632,232
Becton, Dickinson and Company 22,045 1,731,855
Boston Scientific Corp. (I) 155,431 892,174
C.R. Bard, Inc. 8,577 897,583
CareFusion Corp. (I) 24,638 699,473
Covidien PLC 52,878 3,142,011
DENTSPLY International, Inc. (L) 15,804 602,765
Edwards Lifesciences Corp. (I) 12,748 1,368,753
Intuitive Surgical, Inc. (I)(L) 4,399 2,180,276
Medtronic, Inc. 112,364 4,845,136
St. Jude Medical, Inc. 34,557 1,455,886
Stryker Corp. 31,821 1,771,157
Varian Medical Systems, Inc. (I)(L) 12,127 731,501
Zimmer Holdings, Inc. (L) 19,156 1,295,329
 
    25,246,131
Health Care Providers & Services - 1.9%    
Aetna, Inc. 36,853 1,459,379
AmerisourceBergen Corp. 27,704 1,072,422
Cardinal Health, Inc. 37,636 1,466,675
Cigna Corp. 31,790 1,499,534
Coventry Health Care, Inc. 14,761 615,386
DaVita, Inc. (I) 9,407 974,659
Express Scripts Holding Company (I) 89,336 5,598,687
Humana, Inc. 17,747 1,244,952
Laboratory Corp. of America Holdings (I)(L) 10,527 973,432
McKesson Corp. 25,998 2,236,608
Patterson Companies, Inc. 9,535 326,478
Quest Diagnostics, Inc. (L) 17,536 1,112,308
Tenet Healthcare Corp. (I) 45,001 282,156
UnitedHealth Group, Inc. 113,817 6,306,600
WellPoint, Inc. 35,734 2,072,929
 
    27,242,205
Health Care Technology - 0.1%    
Cerner Corp. (I)(L) 15,943 1,234,148
Life Sciences Tools & Services - 0.4%    
Agilent Technologies, Inc. 38,370 1,475,327
Life Technologies Corp. (I) 19,421 949,298
PerkinElmer, Inc. (L) 12,386 365,015
Thermo Fisher Scientific, Inc. 40,257 2,368,319
Waters Corp. (I) 9,666 805,468
 
    5,963,427
Pharmaceuticals - 6.1%    
Abbott Laboratories 172,900 11,854,024
Allergan, Inc. 33,873 3,102,089
Bristol-Myers Squibb Company 184,958 6,242,333

 

3

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

500 Index Trust (continued)    
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Pharmaceuticals (continued)    
Eli Lilly & Company 112,497 $ 5,333,483
Forest Laboratories, Inc. (I) 25,719 915,854
Hospira, Inc. (I) 18,370 602,903
Johnson & Johnson 303,735 20,930,379
Merck & Company, Inc. 335,532 15,132,493
Mylan, Inc. (I) 44,709 1,090,900
Perrigo Company (L) 9,682 1,124,758
Pfizer, Inc. 822,910 20,449,314
Watson Pharmaceuticals, Inc. (I) 14,065 1,197,775
 
    87,976,305
    170,299,900
Industrials - 9.6%    
Aerospace & Defense - 2.2%    
General Dynamics Corp. 36,536 2,415,760
Honeywell International, Inc. 85,992 5,138,022
L-3 Communications Holdings, Inc. 10,597 759,911
Lockheed Martin Corp. 29,678 2,771,332
Northrop Grumman Corp. 27,138 1,802,777
Precision Castparts Corp. 16,004 2,614,093
Raytheon Company (L) 36,598 2,091,942
Rockwell Collins, Inc. (L) 15,774 846,117
Textron, Inc. (L) 30,996 811,165
The Boeing Company 74,543 5,189,684
United Technologies Corp. 92,402 7,234,153
 
    31,674,956
Air Freight & Logistics - 0.7%    
C.H. Robinson Worldwide, Inc. (L) 17,936 1,050,153
Expeditors International of Washington, Inc. 23,099 839,880
FedEx Corp. 32,148 2,720,364
United Parcel Service, Inc., Class B 79,168 5,666,054
 
    10,276,451
Airlines - 0.0%    
Southwest Airlines Company (L) 81,767 717,097
Building Products - 0.0%    
Masco Corp. 39,739 598,072
Commercial Services & Supplies - 0.6%    
Avery Dennison Corp. (L) 11,271 358,643
Cintas Corp. (L) 11,999 497,359
Iron Mountain, Inc. (L) 16,611 566,601
Pitney Bowes, Inc. (L) 21,773 300,903
R.R. Donnelley & Sons Company (L) 19,604 207,802
Republic Services, Inc. 32,973 907,087
Stericycle, Inc. (I)(L) 9,433 853,875
Tyco International, Ltd. 50,669 2,850,638
Waste Management, Inc. (L) 48,011 1,540,193
 
    8,083,101
Construction & Engineering - 0.2%    
Fluor Corp. 18,392 1,035,102
Jacobs Engineering Group, Inc. (I) 14,368 580,898
Quanta Services, Inc. (I) 23,736 586,279
 
    2,202,279
Electrical Equipment - 0.5%    
Cooper Industries PLC 17,636 1,323,758
Emerson Electric Company 80,128 3,867,779
Rockwell Automation, Inc. 15,522 1,079,555
Roper Industries, Inc. 10,773 1,183,845
 
    7,454,937
Industrial Conglomerates - 2.5%    
3M Company 70,061 6,475,038

 

500 Index Trust (continued)    
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Industrial Conglomerates (continued)    
Danaher Corp. 64,349 $ 3,548,847
General Electric Company 1,163,267 26,417,794
 
    36,441,679
Machinery - 1.8%    
Caterpillar, Inc. 71,971 6,192,385
Cummins, Inc. 19,505 1,798,556
Deere & Company 43,079 3,553,587
Dover Corp. 20,208 1,202,174
Eaton Corp. (L) 37,180 1,757,127
Flowserve Corp. (L) 5,620 717,899
Illinois Tool Works, Inc. (L) 47,483 2,823,814
Ingersoll-Rand PLC 31,569 1,414,923
Joy Global, Inc. 11,743 658,313
PACCAR, Inc. (L) 39,130 1,566,178
Pall Corp. (L) 12,815 813,624
Parker Hannifin Corp. 16,428 1,373,052
Snap-on, Inc. 6,320 454,218
Stanley Black & Decker, Inc. 18,585 1,417,106
Xylem, Inc. 20,720 521,108
 
    26,264,064
Professional Services - 0.1%    
Equifax, Inc. 13,093 609,872
Robert Half International, Inc. (L) 15,550 414,097
The Dun & Bradstreet Corp. (L) 4,941 393,402
 
    1,417,371
Road & Rail - 0.8%    
CSX Corp. 114,537 2,376,643
Norfolk Southern Corp. 35,196 2,239,521
Ryder Systems, Inc. 5,577 217,838
Union Pacific Corp. 52,186 6,194,478
 
    11,028,480
Trading Companies & Distributors - 0.2%    
Fastenal Company (L) 29,678 1,275,857
W.W. Grainger, Inc. (L) 6,637 1,382,952
 
    2,658,809
 
    138,817,296
Information Technology - 19.9%    
Communications Equipment - 1.9%    
Cisco Systems, Inc. 582,536 11,120,612
F5 Networks, Inc. (I) 8,765 917,696
Harris Corp. 12,375 633,848
JDS Uniphase Corp. (I) 25,179 311,842
Juniper Networks, Inc. (I) 58,349 998,351
Motorola Solutions, Inc. 31,475 1,591,061
QUALCOMM, Inc. 187,663 11,727,061
 
    27,300,471
Computers & Peripherals - 6.0%    
Apple, Inc. 103,276 68,911,934
Dell, Inc. 160,290 1,580,459
EMC Corp. (I) 231,192 6,304,606
Hewlett-Packard Company 216,586 3,694,957
Lexmark International, Inc., Class A (L) 77,367 172,148
NetApp, Inc. (I) 40,001 1,315,233
SanDisk Corp. (I) 26,498 1,150,808
Seagate Technology PLC 38,988 1,208,628
Western Digital Corp. 24,532 950,124
 
    85,288,897
Electronic Equipment, Instruments & Components - 0.4%  
Amphenol Corp., Class A (L) 17,851 1,051,067

 

4

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

500 Index Trust (continued)    
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Electronic Equipment, Instruments &    
Components (continued)    
Corning, Inc. 163,915 $ 2,155,482
FLIR Systems, Inc. 16,770 334,981
Jabil Circuit, Inc. 20,615 385,913
Molex, Inc. 14,960 393,149
TE Connectivity, Ltd. 47,150 1,603,572
 
    5,924,164
Internet Software & Services - 2.2%    
Akamai Technologies, Inc. (I) 19,486 745,534
eBay, Inc. (I) 127,784 6,186,023
Google, Inc., Class A (I) 29,187 22,021,592
VeriSign, Inc. (I)(L) 17,182 836,592
Yahoo!, Inc. (I) 114,858 1,834,857
 
    31,624,598
IT Services - 3.8%    
Accenture PLC, Class A (L) 69,862 4,892,436
Automatic Data Processing, Inc. 53,433 3,134,380
Cognizant Technology    
Solutions Corp., Class A (I) 32,882 2,299,109
Computer Sciences Corp. 17,308 557,491
Fidelity National Information Services, Inc. 27,573 860,829
Fiserv, Inc. (I) 15,042 1,113,559
International Business Machines Corp. 118,352 24,552,122
Mastercard, Inc., Class A 11,824 5,338,300
Paychex, Inc. (L) 35,523 1,182,561
SAIC, Inc. 31,223 375,925
Teradata Corp. (I) 18,574 1,400,665
The Western Union Company 66,657 1,214,491
Total Systems Services, Inc. 18,075 428,378
Visa, Inc., Class A 57,582 7,732,111
 
    55,082,357
Office Electronics - 0.1%    
Xerox Corp. 143,907 1,056,277
Semiconductors & Semiconductor Equipment - 2.0%  
Advanced Micro Devices, Inc. (I)(L) 67,998 229,153
Altera Corp. (L) 35,086 1,192,398
Analog Devices, Inc. 32,957 1,291,585
Applied Materials, Inc. (L) 136,334 1,522,169
Broadcom Corp., Class A (I) 56,663 1,959,407
First Solar, Inc. (I)(L) 6,418 142,127
Intel Corp. 551,293 12,503,325
KLA-Tencor Corp. 18,198 868,136
Lam Research Corp. (I) 20,096 638,751
Linear Technology Corp. 25,472 811,283
LSI Corp. (I) 61,867 427,501
Microchip Technology, Inc. (L) 21,473 703,026
Micron Technology, Inc. (I) 112,071 670,745
NVIDIA Corp. (I) 68,343 911,696
Teradyne, Inc. (I)(L) 20,301 288,680
Texas Instruments, Inc. 125,373 3,454,026
Xilinx, Inc. (L) 28,701 958,900
 
    28,572,908
Software - 3.5%    
Adobe Systems, Inc. (I) 54,387 1,765,402
Autodesk, Inc. (I) 24,991 833,950
BMC Software, Inc. (I) 16,123 668,943
CA, Inc. 37,656 970,207
Citrix Systems, Inc. (I) 20,585 1,576,193
Electronic Arts, Inc. (I) 35,600 451,764
Intuit, Inc. 30,378 1,788,657
Microsoft Corp. 831,189 24,752,808
Oracle Corp. 419,534 13,211,126

 

500 Index Trust (continued)    
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Software (continued)    
Red Hat, Inc. (I) 21,251 $ 1,210,032
Salesforce.com, Inc. (I)(L) 14,084 2,150,486
Symantec Corp. (I) 77,394 1,393,092
 
    50,772,660
 
    285,622,332
Materials - 3.5%    
Chemicals - 2.4%    
Air Products & Chemicals, Inc. (L) 23,287 1,925,835
Airgas, Inc. 7,701 633,792
CF Industries Holdings, Inc. 6,907 1,535,012
E.I. du Pont de Nemours & Company (L) 102,459 5,150,614
Eastman Chemical Company 16,854 960,847
Ecolab, Inc. 28,980 1,878,194
FMC Corp. (L) 15,162 839,672
International Flavors & Fragrances, Inc. 9,055 539,497
LyondellBasell Industries NV, Class A 37,398 1,931,981
Monsanto Company 58,703 5,343,147
PPG Industries, Inc. 16,817 1,931,264
Praxair, Inc. 32,826 3,409,965
Sigma-Aldrich Corp. (L) 13,342 960,224
The Dow Chemical Company 131,947 3,821,185
The Mosaic Company 30,450 1,754,225
The Sherwin-Williams Company 9,419 1,402,583
 
    34,018,037
Construction Materials - 0.0%    
Vulcan Materials Company (L) 14,376 679,985
Containers & Packaging - 0.1%    
Ball Corp. 17,041 721,005
Bemis Company, Inc. 11,213 352,873
Owens-Illinois, Inc. (I) 17,937 336,498
Sealed Air Corp. 19,157 296,167
 
    1,706,543
Metals & Mining - 0.8%    
Alcoa, Inc. (L) 117,578 1,040,565
Allegheny Technologies, Inc. (L) 11,650 371,635
Cliffs Natural Resources, Inc. (L) 15,831 619,467
Freeport-McMoRan Copper & Gold, Inc. 104,601 4,140,108
Newmont Mining Corp. 54,666 3,061,843
Nucor Corp. (L) 35,018 1,339,789
Titanium Metals Corp. (L) 7,889 101,216
United States Steel Corp. (L) 15,662 298,674
 
    10,973,297
Paper & Forest Products - 0.2%    
International Paper Company 48,160 1,749,171
MeadWestvaco Corp. 19,218 588,071
 
    2,337,242
 
    49,715,104
Telecommunication Services - 3.4%    
Diversified Telecommunication Services - 3.1%    
American Tower Corp. 43,543 3,108,535
AT&T, Inc. 635,533 23,959,594
CenturyLink, Inc. 68,493 2,767,117
Frontier Communications Corp. (L) 111,659 547,129
Verizon Communications, Inc. 313,833 14,301,370
Windstream Corp. (L) 65,307 660,254
 
    45,343,999
Wireless Telecommunication Services - 0.3%    
Crown Castle International Corp. (I) 32,287 2,069,597
MetroPCS Communications, Inc. (I) 34,789 407,379

 

5

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

500 Index Trust (continued)    
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Wireless Telecommunication Services (continued)    
Sprint Nextel Corp. (I) 330,449 $ 1,824,078
    4,301,054
    49,645,053
Utilities - 3.5%    
Electric Utilities - 2.1%    
American Electric Power Company, Inc. 53,416 2,347,099
Duke Energy Corp. 77,583 5,027,378
Edison International 35,869 1,638,855
Entergy Corp. 19,521 1,352,805
Exelon Corp. 93,959 3,343,061
FirstEnergy Corp. 46,033 2,030,055
NextEra Energy, Inc. 46,572 3,275,409
Northeast Utilities 34,522 1,319,776
Pepco Holdings, Inc. (L) 25,595 483,746
Pinnacle West Capital Corp. 12,182 643,210
PPL Corp. 63,934 1,857,283
The Southern Company 96,370 4,441,693
Xcel Energy, Inc. 53,656 1,486,808
 
    29,247,178
Gas Utilities - 0.1%    
AGL Resources, Inc. 13,107 536,207
ONEOK, Inc. 22,605 1,092,048
 
    1,628,255
Independent Power Producers & Energy Traders - 0.1%  
AES Corp. (I) 68,279 749,021
NRG Energy, Inc. (L) 25,436 544,076
 
    1,293,097
Multi-Utilities - 1.2%    
Ameren Corp. 26,828 876,471
CenterPoint Energy, Inc. 47,163 1,004,572
CMS Energy Corp. (L) 29,144 686,341
Consolidated Edison, Inc. 32,258 1,931,932
Dominion Resources, Inc. 63,142 3,342,737
DTE Energy Company 18,904 1,133,106
Integrys Energy Group, Inc. (L) 8,476 442,447
NiSource, Inc. 31,459 801,575
PG&E Corp. 46,948 2,003,271
Public Service Enterprise Group, Inc. 55,660 1,791,139
SCANA Corp. (L) 14,416 695,860
Sempra Energy 24,747 1,595,934
TECO Energy, Inc. (L) 22,296 395,531
Wisconsin Energy Corp. (L) 25,453 958,815
 
    17,659,731
    49,828,261
TOTAL COMMON STOCKS (Cost $996,040,871) $ 1,418,934,938
 
WARRANTS - 0.0%    
American International Group, Inc. (Expiration    
Date: 01/19/2021; Strike Price: $45.00) (I) 1 $ 13
TOTAL WARRANTS (Cost $17) $ 13
 
SECURITIES LENDING COLLATERAL - 4.9%    
John Hancock Collateral    
Investment Trust, 0.3462% (W)(Y) 7,001,952 $ 70,079,734
TOTAL SECURITIES LENDING    
COLLATERAL (Cost $70,078,385) $ 70,079,734

 

500 Index Trust (continued)    
    Shares or  
    Principal  
    Amount Value
 
 
SHORT-TERM INVESTMENTS - 1.8%      
Repurchase Agreement - 1.8%      
Repurchase Agreement with State Street Corp.    
dated 09/28/2012 at 0.010% to be      
repurchased at $26,251,022 on 10/01/2012,    
collateralized by $19,765,000 U.S. Treasury    
Bonds, 3.875% - 4.500%, due 08/15/2039 -    
08/15/2040 (valued at $26,779,692      
including interest) $ 26,251,000 $ 26,251,000
TOTAL SHORT-TERM INVESTMENTS (Cost $26,251,000) $ 26,251,000
Total Investments (500 Index Trust)      
(Cost $1,092,370,273) - 105.4%   $ 1,515,265,685
Other assets and liabilities, net - (5.4%)     (77,172,498)
 
TOTAL NET ASSETS - 100.0%   $ 1,438,093,187
 
 
 
500 Index Trust B      
    Shares or  
    Principal  
    Amount Value
 
 
COMMON STOCKS - 98.2%      
Consumer Discretionary - 10.8%      
Auto Components - 0.2%      
BorgWarner, Inc. (I)   8,074 $ 557,994
Johnson Controls, Inc.   48,212 1,321,014
The Goodyear Tire & Rubber Company (I)   16,977 206,950
 
      2,085,958
Automobiles - 0.3%      
Ford Motor Company   268,807 2,650,437
Harley-Davidson, Inc.   16,111 682,623
 
      3,333,060
Distributors - 0.1%      
Genuine Parts Company   10,979 670,048
Diversified Consumer Services - 0.1%      
Apollo Group, Inc., Class A (I)   7,006 203,524
DeVry, Inc. (L)   3,926 89,356
H&R Block, Inc.   19,090 330,830
 
      623,710
Hotels, Restaurants & Leisure - 1.8%      
Carnival Corp.   31,512 1,148,297
Chipotle Mexican Grill, Inc. (I)   2,231 708,432
Darden Restaurants, Inc. (L)   9,097 507,158
International Game Technology   18,842 246,642
Marriott International, Inc.   17,731 693,282
McDonald’s Corp.   71,045 6,518,379
Starbucks Corp.   53,542 2,717,257
Starwood Hotels & Resorts Worldwide, Inc. 13,900 805,644
Wyndham Worldwide Corp.   9,978 523,645
Wynn Resorts, Ltd.   5,602 646,695
Yum! Brands, Inc.   32,154 2,133,096
 
      16,648,527
Household Durables - 0.3%      
D.R. Horton, Inc. (L)   19,604 404,627
Harman International Industries, Inc.   4,699 216,906
Leggett & Platt, Inc.   10,117 253,431
Lennar Corp., Class A (L)   11,397 396,274
Newell Rubbermaid, Inc.   20,363 388,730
PulteGroup, Inc. (I)   24,041 372,636

 

6

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

500 Index Trust B (continued)    
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Household Durables (continued)    
Whirlpool Corp. 5,413 $ 448,792
    2,481,396
Internet & Catalog Retail - 1.0%    
Amazon.com, Inc. (I) 25,482 6,480,582
Expedia, Inc. (L) 6,546 378,621
Netflix, Inc. (I)(L) 3,906 212,643
priceline.com, Inc. (I) 3,510 2,171,742
TripAdvisor, Inc. (I)(L) 7,717 254,121
 
    9,497,709
Leisure Equipment & Products - 0.1%    
Hasbro, Inc. (L) 8,124 310,093
Mattel, Inc. 23,998 851,449
 
    1,161,542
Media - 3.5%    
Cablevision Systems Corp., Class A 15,048 238,511
CBS Corp., Class B 41,946 1,523,898
Comcast Corp., Class A 188,545 6,744,255
DIRECTV (I) 44,245 2,321,093
Discovery Communications, Inc., Class A (I) 17,406 1,037,920
Gannett Company, Inc. 16,494 292,769
News Corp., Class A 143,464 3,519,172
Omnicom Group, Inc. 18,707 964,533
Scripps Networks Interactive, Inc., Class A 6,080 372,278
The Interpublic Group of Companies, Inc. 30,646 340,784
The McGraw-Hill Companies, Inc. 19,733 1,077,224
The Walt Disney Company 126,429 6,609,708
The Washington Post Company, Class B 322 116,896
Time Warner Cable, Inc. 21,590 2,052,345
Time Warner, Inc. 66,935 3,034,164
Viacom, Inc., Class B 33,355 1,787,494
 
    32,033,044
Multiline Retail - 0.7%    
Big Lots, Inc. (I)(L) 4,204 124,354
Dollar Tree, Inc. (I) 16,324 788,041
Family Dollar Stores, Inc. 6,836 453,227
J.C. Penney Company, Inc. (L) 9,898 240,422
Kohl’s Corp. 15,213 779,210
Macy’s, Inc. 28,370 1,067,279
Nordstrom, Inc. 10,765 594,013
Target Corp. 46,155 2,929,458
 
    6,976,004
Specialty Retail - 2.1%    
Abercrombie & Fitch Company, Class A (L) 5,724 194,158
AutoNation, Inc. (I)(L) 2,739 119,612
AutoZone, Inc. (I) 2,638 975,189
Bed Bath & Beyond, Inc. (I) 16,361 1,030,743
Best Buy Company, Inc. (L) 18,596 319,665
CarMax, Inc. (I)(L) 16,098 455,573
GameStop Corp., Class A (L) 8,573 180,033
Limited Brands, Inc. 16,807 827,913
Lowe’s Companies, Inc. 80,379 2,430,661
O’Reilly Automotive, Inc. (I) 8,377 700,485
Ross Stores, Inc. 15,826 1,022,360
Staples, Inc. 47,795 550,598
The Gap, Inc. 21,004 751,523
The Home Depot, Inc. 106,223 6,412,683
Tiffany & Company 8,395 519,483
TJX Companies, Inc. 51,860 2,322,809
Urban Outfitters, Inc. (I) 7,748 291,015
 
    19,104,503

 

500 Index Trust B (continued)    
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Textiles, Apparel & Luxury Goods - 0.6%    
Coach, Inc. 20,129 $ 1,127,627
Fossil, Inc. (I) 3,858 326,773
NIKE, Inc., Class B 25,902 2,458,359
Ralph Lauren Corp. 4,302 650,591
VF Corp. 6,190 986,438
 
    5,549,788
 
    100,165,289
Consumer Staples - 10.7%    
Beverages - 2.4%    
Beam, Inc. 11,161 642,204
Brown-Forman Corp., Class B 10,687 697,327
Coca-Cola Enterprises, Inc. 19,505 609,921
Constellation Brands, Inc., Class A (I) 10,305 333,367
Dr. Pepper Snapple Group, Inc. 14,934 665,011
Molson Coors Brewing Company, Class B 10,924 492,126
Monster Beverage Corp. (I) 10,829 586,499
PepsiCo, Inc. 109,666 7,761,063
The Coca-Cola Company 272,832 10,348,518
 
    22,136,036
Food & Staples Retailing - 2.4%    
Costco Wholesale Corp. 30,468 3,050,609
CVS Caremark Corp. 89,665 4,341,579
Safeway, Inc. (L) 16,952 272,758
Sysco Corp. 41,336 1,292,577
The Kroger Company 38,389 903,677
Wal-Mart Stores, Inc. 118,434 8,740,429
Walgreen Company 60,410 2,201,340
Whole Foods Market, Inc. 12,094 1,177,956
 
    21,980,925
Food Products - 1.7%    
Archer-Daniels-Midland Company 46,428 1,261,913
Campbell Soup Company (L) 12,690 441,866
ConAgra Foods, Inc. 28,517 786,784
Dean Foods Company (I) 12,788 209,084
General Mills, Inc. 45,679 1,820,308
H.J. Heinz Company 22,563 1,262,400
Hormel Foods Corp. 9,307 272,137
Kellogg Company 17,399 898,832
Kraft Foods, Inc. (I) 125,053 5,170,942
McCormick & Company, Inc., Non-    
Voting Shares 9,364 580,943
Mead Johnson Nutrition Company 14,358 1,052,154
The Hershey Company 10,702 758,665
The J.M. Smucker Company 7,710 665,604
Tyson Foods, Inc., Class A 20,578 329,660
 
    15,511,292
Household Products - 2.1%    
Colgate-Palmolive Company 31,400 3,366,708
Kimberly-Clark Corp. 27,815 2,385,971
The Clorox Company 9,178 661,275
The Procter & Gamble Company 194,089 13,462,013
 
    19,875,967
Personal Products - 0.2%    
Avon Products, Inc. 30,533 487,001
The Estee Lauder Companies, Inc., Class A 16,912 1,041,272
 
    1,528,273
Tobacco - 1.9%    
Altria Group, Inc. 143,265 4,783,618
Lorillard, Inc. 9,208 1,072,272
Philip Morris International, Inc. 118,795 10,684,422

 

7

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

500 Index Trust B (continued)    
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Tobacco (continued)    
Reynolds American, Inc. 23,044 $ 998,727
    17,539,039
    98,571,532
Energy - 11.1%    
Energy Equipment & Services - 1.9%    
Baker Hughes, Inc. 30,988 1,401,587
Cameron International Corp. (I) 17,358 973,263
Diamond Offshore Drilling, Inc. (L) 4,905 322,798
Ensco PLC, Class A 16,356 892,383
FMC Technologies, Inc. (I) 16,815 778,535
Halliburton Company 65,398 2,203,259
Helmerich & Payne, Inc. 7,426 353,552
Nabors Industries, Ltd. (I) 20,358 285,623
National Oilwell Varco, Inc. 30,052 2,407,466
Noble Corp. (I) 17,812 637,313
Rowan Companies PLC, Class A (I) 8,640 291,773
Schlumberger, Ltd. 93,522 6,764,446
 
    17,311,998
Oil, Gas & Consumable Fuels - 9.2%    
Alpha Natural Resources, Inc. (I) 15,379 101,040
Anadarko Petroleum Corp. 35,209 2,461,813
Apache Corp. 27,570 2,383,978
Cabot Oil & Gas Corp. 14,796 664,340
Chesapeake Energy Corp. (L) 36,601 690,661
Chevron Corp. 138,265 16,116,168
ConocoPhillips 85,591 4,894,093
CONSOL Energy, Inc. 16,099 483,775
Denbury Resources, Inc. (I) 27,612 446,210
Devon Energy Corp. 26,516 1,604,218
EOG Resources, Inc. 19,025 2,131,751
EQT Corp. 10,560 623,040
Exxon Mobil Corp. 325,278 29,746,673
Hess Corp. 20,946 1,125,219
Kinder Morgan, Inc. 40,222 1,428,685
Marathon Oil Corp. 49,680 1,469,038
Marathon Petroleum Corp. 23,856 1,302,299
Murphy Oil Corp. 13,013 698,668
Newfield Exploration Company (I) 9,644 302,050
Noble Energy, Inc. 12,525 1,161,193
Occidental Petroleum Corp. 57,072 4,911,616
Peabody Energy Corp. 18,895 421,170
Phillips 66 44,197 2,049,415
Pioneer Natural Resources Company 8,666 904,730
QEP Resources, Inc. 12,544 397,143
Range Resources Corp. 11,443 799,522
Southwestern Energy Company (I) 24,533 853,258
Spectra Energy Corp. 46,047 1,351,940
Sunoco, Inc. (L) 7,321 342,842
Tesoro Corp. 9,755 408,735
The Williams Companies, Inc. 44,132 1,543,296
Valero Energy Corp. 38,897 1,232,257
WPX Energy, Inc. (I) 13,816 229,207
 
    85,280,043
    102,592,041
Financials - 14.1%    
Capital Markets - 1.8%    
Ameriprise Financial, Inc. 14,839 841,223
BlackRock, Inc. 9,011 1,606,661
E*TRADE Financial Corp. (I) 18,313 161,338
Federated Investors, Inc., Class B (L) 6,669 137,982
Franklin Resources, Inc. 9,732 1,217,181

 

500 Index Trust B (continued)    
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Capital Markets (continued)    
Invesco, Ltd. 31,540 $ 788,185
Legg Mason, Inc. 8,646 213,383
Morgan Stanley 97,478 1,631,782
Northern Trust Corp. 15,413 715,394
State Street Corp. 33,755 1,416,360
T. Rowe Price Group, Inc. 17,891 1,132,500
The Bank of New York Mellon Corp. 83,305 1,884,359
The Charles Schwab Corp. 77,178 987,107
The Goldman Sachs Group, Inc. 31,759 3,610,363
 
    16,343,818
Commercial Banks - 2.8%    
BB&T Corp. 49,244 1,632,931
Comerica, Inc. 13,678 424,702
Fifth Third Bancorp 64,758 1,004,397
First Horizon National Corp. 17,465 168,188
Huntington Bancshares, Inc. 61,126 421,769
KeyCorp 66,254 579,060
M&T Bank Corp. 8,474 806,386
PNC Financial Services Group, Inc. 37,303 2,353,819
Regions Financial Corp. 99,607 718,166
SunTrust Banks, Inc. 37,958 1,073,073
U.S. Bancorp 133,532 4,580,148
Wells Fargo & Company 346,162 11,952,974
Zions Bancorporation 12,880 266,036
 
    25,981,649
Consumer Finance - 0.9%    
American Express Company 69,449 3,948,870
Capital One Financial Corp. 40,945 2,334,274
Discover Financial Services 36,279 1,441,365
SLM Corp. 33,097 520,285
 
    8,244,794
Diversified Financial Services - 3.0%    
Bank of America Corp. 759,487 6,706,270
Citigroup, Inc. 206,678 6,762,504
CME Group, Inc. 21,548 1,234,700
IntercontinentalExchange, Inc. (I) 5,127 683,993
JPMorgan Chase & Company 267,701 10,836,536
Leucadia National Corp. 14,002 318,546
Moody’s Corp. (L) 13,666 603,627
NYSE Euronext 17,190 423,734
The NASDAQ OMX Group, Inc. 8,293 193,185
 
    27,763,095
Insurance - 3.7%    
ACE, Ltd. 23,876 1,805,026
Aflac, Inc. 32,988 1,579,465
American International Group, Inc. (I) 82,185 2,694,846
Aon PLC 22,696 1,186,774
Assurant, Inc. 5,621 209,663
Berkshire Hathaway, Inc., Class B (I) 129,220 11,397,204
Cincinnati Financial Corp. 10,268 389,055
Genworth Financial, Inc., Class A (I) 35,409 185,189
Hartford Financial Services Group, Inc. 30,679 596,400
Lincoln National Corp. 19,711 476,809
Loews Corp. 22,032 909,040
Marsh & McLennan Companies, Inc. 38,335 1,300,707
MetLife, Inc. 74,869 2,579,986
Principal Financial Group, Inc. 19,533 526,219
Prudential Financial, Inc. 32,835 1,789,836
The Allstate Corp. 34,179 1,353,830
The Chubb Corp. 18,779 1,432,462
The Progressive Corp. 39,469 818,587
The Travelers Companies, Inc. 27,194 1,856,262

 

8

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

500 Index Trust B (continued)    
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Insurance (continued)    
Torchmark Corp. 6,704 $ 344,250
Unum Group 19,649 377,654
XL Group PLC 21,563 518,159
 
    34,327,423
Real Estate Investment Trusts - 1.8%    
Apartment Investment & Management    
Company, Class A 10,265 266,787
AvalonBay Communities, Inc. 6,828 928,540
Boston Properties, Inc. 10,621 1,174,789
Equity Residential 21,222 1,220,902
HCP, Inc. 30,251 1,345,564
Health Care REIT, Inc. 16,096 929,544
Host Hotels & Resorts, Inc. (L) 50,919 817,250
Kimco Realty Corp. 28,743 582,621
Plum Creek Timber Company, Inc. (L) 11,417 500,521
Prologis, Inc. 32,459 1,137,039
Public Storage 10,147 1,412,158
Simon Property Group, Inc. 21,369 3,244,028
Ventas, Inc. 20,800 1,294,800
Vornado Realty Trust 11,920 966,116
Weyerhaeuser Company 37,897 990,628
 
    16,811,287
Real Estate Management & Development - 0.0%    
CBRE Group, Inc., Class A (I) 21,281 391,783
Thrifts & Mortgage Finance - 0.1%    
Hudson City Bancorp, Inc. 33,514 266,771
People’s United Financial, Inc. 24,527 297,758
 
    564,529
    130,428,378
Health Care - 11.8%    
Biotechnology - 1.6%    
Alexion Pharmaceuticals, Inc. (I) 13,595 1,555,268
Amgen, Inc. 54,304 4,578,913
Biogen Idec, Inc. (I) 16,654 2,485,276
Celgene Corp. (I) 30,401 2,322,636
Gilead Sciences, Inc. (I) 53,308 3,535,920
 
    14,478,013
Health Care Equipment & Supplies - 1.7%    
Baxter International, Inc. 38,554 2,323,264
Becton, Dickinson and Company 14,096 1,107,382
Boston Scientific Corp. (I) 100,784 578,500
C.R. Bard, Inc. 5,486 574,110
CareFusion Corp. (I) 15,570 442,032
Covidien PLC 33,821 2,009,644
DENTSPLY International, Inc. 10,069 384,032
Edwards Lifesciences Corp. (I) 8,146 874,636
Intuitive Surgical, Inc. (I) 2,813 1,394,207
Medtronic, Inc. 71,869 3,098,991
St. Jude Medical, Inc. 22,124 932,084
Stryker Corp. 20,361 1,133,293
Varian Medical Systems, Inc. (I)(L) 7,843 473,090
Zimmer Holdings, Inc. 12,249 828,277
 
    16,153,542
Health Care Providers & Services - 1.9%    
Aetna, Inc. 23,575 933,570
AmerisourceBergen Corp. 17,734 686,483
Cardinal Health, Inc. 24,063 937,735
Cigna Corp. 20,336 959,249
Coventry Health Care, Inc. 9,443 393,679
DaVita, Inc. (I) 6,005 622,178

 

500 Index Trust B (continued)    
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Health Care Providers & Services (continued)    
Express Scripts Holding Company (I) 57,139 $ 3,580,901
Humana, Inc. 11,347 795,992
Laboratory Corp. of America Holdings (I) 6,736 622,878
McKesson Corp. 16,630 1,430,679
Patterson Companies, Inc. 6,061 207,529
Quest Diagnostics, Inc. 11,203 710,606
Tenet Healthcare Corp. (I) 29,450 184,652
UnitedHealth Group, Inc. 72,790 4,033,294
WellPoint, Inc. 22,846 1,325,296
 
    17,424,721
Health Care Technology - 0.1%    
Cerner Corp. (I) 10,193 789,040
Life Sciences Tools & Services - 0.4%    
Agilent Technologies, Inc. 24,555 944,140
Life Technologies Corp. (I) 12,417 606,943
PerkinElmer, Inc. 8,192 241,418
Thermo Fisher Scientific, Inc. 25,757 1,515,284
Waters Corp. (I) 6,182 515,146
 
    3,822,931
Pharmaceuticals - 6.1%    
Abbott Laboratories 110,575 7,581,022
Allergan, Inc. 21,668 1,984,355
Bristol-Myers Squibb Company 118,317 3,993,199
Eli Lilly & Company 71,961 3,411,671
Forest Laboratories, Inc. (I) 16,485 587,031
Hospira, Inc. (I) 11,665 382,845
Johnson & Johnson 194,277 13,387,628
Merck & Company, Inc. 214,620 9,679,362
Mylan, Inc. (I) 28,609 698,060
Perrigo Company 6,189 718,976
Pfizer, Inc. 526,361 13,080,071
Watson Pharmaceuticals, Inc. (I) 8,994 765,929
 
    56,270,149
 
    108,938,396
Industrials - 9.6%    
Aerospace & Defense - 2.2%    
General Dynamics Corp. 23,384 1,546,150
Honeywell International, Inc. 55,009 3,286,788
L-3 Communications Holdings, Inc. 6,757 484,544
Lockheed Martin Corp. 18,978 1,772,166
Northrop Grumman Corp. 17,351 1,152,627
Precision Castparts Corp. 10,246 1,673,582
Raytheon Company 23,406 1,337,887
Rockwell Collins, Inc. (L) 10,080 540,691
Textron, Inc. 19,804 518,271
The Boeing Company 47,697 3,320,665
United Technologies Corp. 59,112 4,627,878
 
    20,261,249
Air Freight & Logistics - 0.7%    
C.H. Robinson Worldwide, Inc. 11,464 671,217
Expeditors International of Washington, Inc. 14,763 536,783
FedEx Corp. 20,568 1,740,464
United Parcel Service, Inc., Class B 50,637 3,624,090
 
    6,572,554
Airlines - 0.0%    
Southwest Airlines Company 52,378 459,355
Building Products - 0.0%    
Masco Corp. 25,142 378,387
Commercial Services & Supplies - 0.6%    
Avery Dennison Corp. 7,146 227,386

 

9

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

500 Index Trust B (continued)    
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Commercial Services & Supplies (continued)    
Cintas Corp. (L) 7,525 $ 311,911
Iron Mountain, Inc. 10,639 362,896
Pitney Bowes, Inc. (L) 13,922 192,402
R.R. Donnelley & Sons Company (L) 13,003 137,832
Republic Services, Inc. 21,122 581,066
Stericycle, Inc. (I)(L) 6,034 546,198
Tyco International, Ltd. 32,401 1,822,880
Waste Management, Inc. (L) 30,714 985,305
 
    5,167,876
Construction & Engineering - 0.2%    
Fluor Corp. 11,751 661,346
Jacobs Engineering Group, Inc. (I) 9,127 369,005
Quanta Services, Inc. (I) 15,175 374,823
 
    1,405,174
Electrical Equipment - 0.5%    
Cooper Industries PLC 11,261 845,251
Emerson Electric Company 51,259 2,474,272
Rockwell Automation, Inc. 9,915 689,588
Roper Industries, Inc. 6,886 756,703
 
    4,765,814
Industrial Conglomerates - 2.5%    
3M Company 44,819 4,142,172
Danaher Corp. 41,152 2,269,533
General Electric Company 744,081 16,898,080
 
    23,309,785
Machinery - 1.8%    
Caterpillar, Inc. 46,024 3,959,905
Cummins, Inc. 12,478 1,150,596
Deere & Company 27,653 2,281,096
Dover Corp. 12,917 768,432
Eaton Corp. (L) 23,794 1,124,504
Flowserve Corp. 3,622 462,674
Illinois Tool Works, Inc. (L) 30,382 1,806,818
Ingersoll-Rand PLC 20,202 905,454
Joy Global, Inc. 7,482 419,441
PACCAR, Inc. 25,018 1,001,345
Pall Corp. 8,171 518,777
Parker Hannifin Corp. 10,496 877,256
Snap-on, Inc. 4,081 293,301
Stanley Black & Decker, Inc. 11,873 905,316
Xylem, Inc. 13,041 327,981
 
    16,802,896
Professional Services - 0.1%    
Equifax, Inc. 8,467 394,393
Robert Half International, Inc. 9,990 266,034
The Dun & Bradstreet Corp. 3,161 251,679
 
    912,106
Road & Rail - 0.8%    
CSX Corp. 73,291 1,520,788
Norfolk Southern Corp. 22,514 1,432,566
Ryder Systems, Inc. 3,705 144,717
Union Pacific Corp. 33,368 3,960,782
 
    7,058,853
Trading Companies & Distributors - 0.2%    
Fastenal Company (L) 18,990 816,380
W.W. Grainger, Inc. (L) 4,239 883,280
 
    1,699,660
    88,793,709

 

500 Index Trust B (continued)    
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Information Technology - 19.8%    
Communications Equipment - 1.9%    
Cisco Systems, Inc. 372,845 $ 7,117,611
F5 Networks, Inc. (I) 5,598 586,111
Harris Corp. 8,027 411,143
JDS Uniphase Corp. (I) 16,442 203,634
Juniper Networks, Inc. (I) 37,274 637,758
Motorola Solutions, Inc. 20,126 1,017,369
QUALCOMM, Inc. 120,033 7,500,862
 
    17,474,488
Computers & Peripherals - 5.9%    
Apple, Inc. 66,057 44,077,194
Dell, Inc. 102,445 1,010,108
EMC Corp. (I) 147,887 4,032,878
Hewlett-Packard Company 138,579 2,364,158
Lexmark International, Inc., Class A (L) 5,124 114,009
NetApp, Inc. (I) 25,601 841,761
SanDisk Corp. (I) 16,937 735,574
Seagate Technology PLC 24,909 772,179
Western Digital Corp. 15,682 607,364
 
    54,555,225
Electronic Equipment, Instruments & Components - 0.4%  
Amphenol Corp., Class A 11,271 663,636
Corning, Inc. 104,791 1,378,002
FLIR Systems, Inc. (L) 10,761 214,951
Jabil Circuit, Inc. 13,182 246,767
Molex, Inc. 9,602 252,341
TE Connectivity, Ltd. 30,167 1,025,980
 
    3,781,677
Internet Software & Services - 2.2%    
Akamai Technologies, Inc. (I) 12,578 481,234
eBay, Inc. (I) 81,714 3,955,775
Google, Inc., Class A (I) 18,666 14,083,497
VeriSign, Inc. (I) 11,110 540,946
Yahoo!, Inc. (I) 73,438 1,173,172
 
    20,234,624
IT Services - 3.8%    
Accenture PLC, Class A 44,799 3,137,274
Automatic Data Processing, Inc. 34,156 2,003,591
Cognizant Technology    
Solutions Corp., Class A (I) 21,033 1,470,627
Computer Sciences Corp. 10,897 350,992
Fidelity National Information Services, Inc. 17,641 550,752
Fiserv, Inc. (I) 9,623 712,391
International Business Machines Corp. 75,694 15,702,720
Mastercard, Inc., Class A 7,562 3,414,092
Paychex, Inc. 22,727 756,582
SAIC, Inc. 20,023 241,077
Teradata Corp. (I) 11,874 895,418
The Western Union Company 42,612 776,391
Total Systems Services, Inc. 11,565 274,091
Visa, Inc., Class A 36,828 4,945,264
 
    35,231,262
Office Electronics - 0.1%    
Xerox Corp. 92,153 676,403
Semiconductors & Semiconductor Equipment - 2.0%  
Advanced Micro Devices, Inc. (I)(L) 41,277 139,103
Altera Corp. 22,432 762,352
Analog Devices, Inc. 21,065 825,537
Applied Materials, Inc. 87,273 974,403
Broadcom Corp., Class A 36,256 1,253,732
First Solar, Inc. (I)(L) 4,254 94,205

 

10

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

500 Index Trust B (continued)    
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Semiconductors & Semiconductor Equipment (continued)  
Intel Corp. 352,571 $ 7,996,310
KLA-Tencor Corp. 11,828 564,255
Lam Research Corp. (I) 12,874 409,200
Linear Technology Corp. 16,234 517,053
LSI Corp. (I) 39,944 276,013
Microchip Technology, Inc. (L) 13,654 447,032
Micron Technology, Inc. (I) 71,788 429,651
NVIDIA Corp. (I) 43,700 582,958
Teradyne, Inc. (I)(L) 12,952 184,177
Texas Instruments, Inc. 80,195 2,209,372
Xilinx, Inc. 18,359 613,374
 
    18,278,727
Software - 3.5%    
Adobe Systems, Inc. (I) 34,769 1,128,602
Autodesk, Inc. (I) 15,976 533,119
BMC Software, Inc. (I) 10,333 428,716
CA, Inc. 24,110 621,194
Citrix Systems, Inc. (I) 13,170 1,008,427
Electronic Arts, Inc. (I) 22,416 284,459
Intuit, Inc. 19,434 1,144,274
Microsoft Corp. 531,672 15,833,192
Oracle Corp. 268,359 8,450,625
Red Hat, Inc. (I) 13,594 774,042
Salesforce.com, Inc. (I) 9,010 1,375,737
Symantec Corp. (I) 49,550 891,900
 
    32,474,287
    182,706,693
Materials - 3.4%    
Chemicals - 2.3%    
Air Products & Chemicals, Inc. 14,921 1,233,967
Airgas, Inc. 4,881 401,706
CF Industries Holdings, Inc. 4,418 981,856
E.I. du Pont de Nemours & Company (L) 65,565 3,295,953
Eastman Chemical Company 10,773 614,169
Ecolab, Inc. 18,551 1,202,290
FMC Corp. 9,695 536,909
International Flavors & Fragrances, Inc. 5,705 339,904
LyondellBasell Industries NV, Class A 23,909 1,235,139
Monsanto Company 37,554 3,418,165
PPG Industries, Inc. 10,756 1,235,219
Praxair, Inc. 21,010 2,182,519
Sigma-Aldrich Corp. (L) 8,529 613,832
The Dow Chemical Company 84,439 2,445,353
The Mosaic Company 19,494 1,123,049
The Sherwin-Williams Company 6,021 896,587
 
    21,756,617
Construction Materials - 0.0%    
Vulcan Materials Company 9,110 430,903
Containers & Packaging - 0.1%    
Ball Corp. 10,856 459,317
Bemis Company, Inc. 7,153 225,105
Owens-Illinois, Inc. (I) 11,530 216,303
Sealed Air Corp. 12,338 190,745
 
    1,091,470
Metals & Mining - 0.8%    
Alcoa, Inc. (L) 75,314 666,529
Allegheny Technologies, Inc. 7,533 240,303
Cliffs Natural Resources, Inc. (L) 10,070 394,039
Freeport-McMoRan Copper & Gold, Inc. 66,909 2,648,258
Newmont Mining Corp. 34,962 1,958,222
Nucor Corp. 22,378 856,182

 

500 Index Trust B (continued)    
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Metals & Mining (continued)    
Titanium Metals Corp. (L) 5,204 $ 66,767
United States Steel Corp. (L) 10,102 192,645
 
    7,022,945
Paper & Forest Products - 0.2%    
International Paper Company 30,869 1,121,162
MeadWestvaco Corp. 12,091 369,985
 
    1,491,147
 
    31,793,082
Telecommunication Services - 3.4%    
Diversified Telecommunication Services - 3.1%    
American Tower Corp. 27,834 1,987,069
AT&T, Inc. 406,543 15,326,671
CenturyLink, Inc. 43,902 1,773,641
Frontier Communications Corp. (L) 69,824 342,138
Verizon Communications, Inc. 200,757 9,148,496
Windstream Corp. (L) 41,531 419,878
 
    28,997,893
Wireless Telecommunication Services - 0.3%    
Crown Castle International Corp. (I) 20,643 1,323,216
MetroPCS Communications, Inc. (I) 22,299 261,121
Sprint Nextel Corp. (I) 211,479 1,167,364
 
    2,751,701
 
    31,749,594
Utilities - 3.5%    
Electric Utilities - 2.1%    
American Electric Power Company, Inc. 34,170 1,501,430
Duke Energy Corp. 49,613 3,214,922
Edison International 22,963 1,049,179
Entergy Corp. 12,503 866,458
Exelon Corp. 60,183 2,141,311
FirstEnergy Corp. 29,488 1,300,421
NextEra Energy, Inc. 29,784 2,094,709
Northeast Utilities 22,104 845,036
Pepco Holdings, Inc. (L) 15,919 300,869
Pinnacle West Capital Corp. 7,730 408,144
PPL Corp. 40,947 1,189,510
The Southern Company 61,636 2,840,803
Xcel Energy, Inc. 34,340 951,561
 
    18,704,353
Gas Utilities - 0.1%    
AGL Resources, Inc. 8,242 337,180
ONEOK, Inc. 14,462 698,659
 
    1,035,839
Independent Power Producers & Energy Traders - 0.1%  
AES Corp. (I) 43,795 480,431
NRG Energy, Inc. 15,931 340,764
 
    821,195
Multi-Utilities - 1.2%    
Ameren Corp. 17,177 561,173
CenterPoint Energy, Inc. 30,168 642,578
CMS Energy Corp. 18,672 439,726
Consolidated Edison, Inc. 20,634 1,235,770
Dominion Resources, Inc. 40,402 2,138,882
DTE Energy Company 12,094 724,914
Integrys Energy Group, Inc. 5,531 288,718
NiSource, Inc. 20,075 511,511
PG&E Corp. 30,055 1,282,447
Public Service Enterprise Group, Inc. 35,674 1,147,989
SCANA Corp. (L) 9,242 446,111

 

11

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

500 Index Trust B (continued)    
    Shares or  
    Principal  
    Amount Value
 
COMMON STOCKS (continued)      
Multi-Utilities (continued)      
Sempra Energy   15,837 $ 1,021,328
TECO Energy, Inc.   14,363 254,800
Wisconsin Energy Corp. (L)   16,281 613,305
 
      11,309,252
      31,870,639
TOTAL COMMON STOCKS (Cost $738,480,583) $ 907,609,353
 
WARRANTS - 0.0%      
American International Group, Inc. (Expiration    
Date: 01/19/2021; Strike Price: $45.00) (I) 1 13
TOTAL WARRANTS (Cost $17)   $ 13
 
SECURITIES LENDING COLLATERAL - 2.2%    
John Hancock Collateral      
Investment Trust, 0.3462% (W)(Y)   2,010,476 20,122,054
TOTAL SECURITIES LENDING      
COLLATERAL (Cost $20,121,376)   $ 20,122,054
 
SHORT-TERM INVESTMENTS - 1.5%      
Repurchase Agreement - 1.5%      
Repurchase Agreement with State Street Corp.    
dated 09/28/2012 at 0.010% to be      
repurchased at $14,472,012 on 10/01/2012,    
collateralized by $10,860,000 U.S. Treasury    
Bonds, 4.500% due 08/15/2039 (valued at    
$14,765,245 including interest) $ 14,472,000 $ 14,472,000
TOTAL SHORT-TERM INVESTMENTS (Cost $14,472,000) $ 14,472,000
Total Investments (500 Index Trust B)      
(Cost $773,073,976) - 101.9%   $ 942,203,420
Other assets and liabilities, net - (1.9%)     (17,829,949)
TOTAL NET ASSETS - 100.0%   $ 924,373,471
 
 
 
Active Bond Trust      
    Shares or  
    Principal  
    Amount Value
 
U.S. GOVERNMENT & AGENCY      
OBLIGATIONS - 28.6%      
U.S. Government - 6.3%      
U.S. Treasury Bond      
3.000%, 05/15/2042 $ 18,080,000 $ 18,774,959
U.S. Treasury Notes      
0.250%, 04/30/2014   2,115,000 2,115,744
0.875%, 04/30/2017   3,350,000 3,398,156
1.375%, 02/28/2019   2,000,000 2,057,812
1.500%, 06/30/2016   2,525,000 2,626,000
1.625%, 08/15/2022   37,465,000 37,435,740
2.000%, 11/15/2021   2,075,000 2,166,916
2.250%, 07/31/2018   4,000,000 4,331,248
2.750%, 02/28/2018   3,000,000 3,326,250
3.125%, 05/15/2021   1,055,000 1,206,492
U.S. Treasury Strips, PO      
6.862%, 11/15/2030   4,985,000 3,052,156
 
      80,491,473
U.S. Government Agency - 22.3%      
Federal Home Loan Mortgage Corp.      
3.000%, 08/01/2042   1,893,754 1,998,203
3.500%, 06/01/2042   1,981,659 2,128,581

 

Active Bond Trust (continued)    
    Shares or  
    Principal  
    Amount Value
 
U.S. GOVERNMENT & AGENCY      
OBLIGATIONS (continued)      
U.S. Government Agency (continued)      
Federal Home Loan Mortgage Corp. (continued)    
4.500%, 09/01/2023 $ 1,094,267 $ 1,173,266
5.000%, 03/01/2041 to 04/01/2041   3,720,799 4,083,124
6.500%, 06/01/2037 to 02/01/2038   795,424 890,977
Federal National Mortgage Association      
2.717%, 08/01/2034 (P)   1,951,760 2,097,098
2.872%, 07/01/2033 (P) $ 50,781 54,582
3.000%, 09/01/2042   5,460,000 5,768,609
3.500%, 06/01/2042   15,865,426 17,068,769
4.000%, TBA (C)   32,500,000 35,013,670
4.000%, 10/01/2025 to 12/01/2041   17,913,268 19,505,091
4.500%, 06/01/2040 to 06/01/2041   71,599,609 77,597,836
5.000%, TBA (C)   14,000,000 15,269,843
5.000%, 05/01/2018 to 04/01/2041   30,352,968 33,290,596
5.500%, 02/01/2018 to 11/01/2039   22,616,693 24,913,029
6.000%, 05/01/2035 to 07/01/2038   15,695,030 17,524,625
6.500%, 02/01/2036 to 06/01/2039   9,131,601 10,272,665
7.000%, 12/01/2012 to 06/01/2032   645,265 735,210
7.500%, 09/01/2029 to 08/01/2031   123,002 144,328
Government National      
Mortgage Association      
4.000%, TBA (C)   7,500,000 8,270,508
5.000%, 04/15/2035   1,998,961 2,213,849
5.500%, 03/15/2035   1,706,292 1,923,129
6.000%, 03/15/2033 to 06/15/2033   843,915 955,173
6.500%, 09/15/2028 to 08/15/2031   193,289 221,632
7.000%, 04/15/2029   78,608 91,163
8.000%, 10/15/2026 to 05/15/2029   90,053 106,101
 
      283,311,657
TOTAL U.S. GOVERNMENT & AGENCY    
OBLIGATIONS (Cost $351,898,242)   $ 363,803,130
 
FOREIGN GOVERNMENT      
OBLIGATIONS - 0.7%      
Argentina - 0.3%      
City of Buenos Aires      
9.950%, 03/01/2017 (S)   1,120,000 1,002,400
Republic of Argentina      
1.180%, 12/31/2038 (P) ARS 8,797,621 756,624
5.830%, 12/31/2033 (P)   3,617,497 989,565
12/15/2035 (I)   19,532,033 607,063
 
      3,355,652
Germany - 0.1%      
Federal Republic of Germany      
6.250%, 01/04/2030 EUR 725,000 1,492,754
Japan - 0.1%      
Government of Japan      
1.500%, 09/20/2014 JPY 68,650,000 903,701
Mexico - 0.1%      
Government of Mexico      
8.000%, 12/19/2013 to 12/07/2023 MXN 20,193,300 1,792,502
Panama - 0.1%      
Republic of Panama      
8.875%, 09/30/2027 $ 344,000 557,280
9.375%, 04/01/2029   130,000 221,325
 
      778,605
Peru - 0.0%      
Republic of Peru      
9.875%, 02/06/2015   111,000 133,200

 

12

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Active Bond Trust (continued)    
    Shares or  
    Principal  
    Amount Value
 
FOREIGN GOVERNMENT      
OBLIGATIONS (continued)      
United Kingdom - 0.0%      
Government of United Kingdom      
6.000%, 12/07/2028 GBP 85,000 $ 207,216
8.000%, 12/07/2015   125,000 251,428
 
      458,644
TOTAL FOREIGN GOVERNMENT      
OBLIGATIONS (Cost $8,003,133)   $ 8,915,058
 
CORPORATE BONDS - 40.6%      
Consumer Discretionary - 5.2%      
Allison Transmission, Inc.      
7.125%, 05/15/2019 (S) $ 980,000 1,051,051
AMC Entertainment, Inc.      
8.750%, 06/01/2019   405,000 446,513
American Axle & Manufacturing, Inc.      
6.625%, 10/15/2022   130,000 131,300
American Standard Americas      
10.750%, 01/15/2016 (S)   355,000 335,475
Arcos Dorados Holdings, Inc.      
10.250%, 07/13/2016 (S) BRL 1,120,000 588,383
AutoNation, Inc.      
5.500%, 02/01/2020 $ 1,020,000 1,088,850
6.750%, 04/15/2018   410,000 460,738
Burlington Coat Factory Warehouse Corp.      
10.000%, 02/15/2019   1,455,000 1,609,594
Cablevision Systems Corp.      
8.625%, 09/15/2017   335,000 389,438
CBS Corp.      
7.875%, 07/30/2030   1,135,000 1,545,140
CCM Merger, Inc.      
9.125%, 05/01/2019 (S)   920,000 931,500
CCO Holdings LLC      
8.125%, 04/30/2020   275,000 310,750
Cinemark USA, Inc.      
7.375%, 06/15/2021   490,000 545,125
8.625%, 06/15/2019   445,000 493,950
Comcast Corp.      
6.550%, 07/01/2039   1,000,000 1,309,749
Corporacion GEO SAB de CV      
8.875%, 03/27/2022 (S)   1,030,000 1,053,175
CSC Holdings LLC      
7.875%, 02/15/2018   915,000 1,056,825
Darden Restaurants, Inc.      
6.800%, 10/15/2037   1,665,000 2,046,861
Downstream Development Authority of      
the Quapaw Tribe of Oklahoma      
10.500%, 07/01/2019 (S)   700,000 754,250
DR Horton, Inc.      
4.750%, 05/15/2017   775,000 825,375
Exide Technologies      
8.625%, 02/01/2018   910,000 788,288
Expedia, Inc.      
5.950%, 08/15/2020   880,000 970,805
Ford Motor Credit Company LLC      
4.250%, 09/20/2022   325,000 331,260
5.000%, 05/15/2018   2,330,000 2,544,341
8.000%, 12/15/2016   1,009,000 1,206,284
Greektown Superholdings, Inc.      
13.000%, 07/01/2015   978,000 1,058,685
Grupo Televisa SAB      
6.625%, 01/15/2040   735,000 970,784
Harley-Davidson Financial Services, Inc.      
2.700%, 03/15/2017 (S)   1,000,000 1,035,407

 

Active Bond Trust (continued)    
    Shares or  
    Principal  
    Amount Value
 
CORPORATE BONDS (continued)      
Consumer Discretionary (continued)      
Hillman Group, Inc.      
10.875%, 06/01/2018 $ 785,000 $ 843,875
Hyundai Capital Services, Inc.      
4.375%, 07/27/2016 (S)   655,000 706,188
6.000%, 05/05/2015 (S)   960,000 1,056,444
Hyva Global BV      
8.625%, 03/24/2016 (S)   735,000 657,825
Jacobs Entertainment, Inc.      
9.750%, 06/15/2014   1,100,000 1,100,000
Kia Motors Corp.      
3.625%, 06/14/2016 (S)   810,000 852,020
Landry’s, Inc.      
9.375%, 05/01/2020 (S)   600,000 633,000
Levi Strauss & Company      
7.625%, 05/15/2020   1,015,000 1,096,200
Limited Brands, Inc.      
6.625%, 04/01/2021   770,000 873,950
Little Traverse Bay Bands of Odawa      
Indians      
9.000%, 08/31/2020 (S)   819,000 761,670
Macy’s Retail Holdings, Inc.      
7.875%, 08/15/2036   1,145,000 1,233,625
Marina District Finance Company, Inc.      
9.500%, 10/15/2015   655,000 660,731
MGM Resorts International      
6.750%, 10/01/2020 (S)   645,000 641,775
8.625%, 02/01/2019 (S)   865,000 942,850
News America, Inc.      
6.150%, 03/01/2037 to 02/15/2041   575,000 697,517
6.400%, 12/15/2035   305,000 378,343
6.650%, 11/15/2037   1,000,000 1,270,323
6.750%, 01/09/2038   108,000 131,068
7.750%, 12/01/2045   491,000 658,768
QVC, Inc.      
5.125%, 07/02/2022 (S)   225,000 237,094
Regal Cinemas Corp.      
8.625%, 07/15/2019   325,000 360,750
Regal Entertainment Group      
9.125%, 08/15/2018   275,000 307,313
Rivers Pittsburgh Borrower LP      
9.500%, 06/15/2019 (S)   380,000 403,750
Seminole Indian Tribe of Florida      
6.535%, 10/01/2020 (S)   1,225,000 1,317,267
7.750%, 10/01/2017 (S)   660,000 724,350
Target Corp.      
6.500%, 10/15/2037   1,800,000 2,529,848
Time Warner Cable, Inc.      
5.500%, 09/01/2041   750,000 849,727
6.550%, 05/01/2037   930,000 1,169,943
6.750%, 07/01/2018   2,730,000 3,434,184
Time Warner Companies, Inc.      
7.570%, 02/01/2024   1,716,000 2,292,962
Time Warner Entertainment Company LP      
8.375%, 07/15/2033   1,520,000 2,211,852
Time Warner, Inc.      
7.625%, 04/15/2031   451,000 630,577
Toys R Us Property Company II LLC      
8.500%, 12/01/2017   380,000 409,450
Toys R Us, Inc.      
10.375%, 08/15/2017 (S)   165,000 168,713
UBM PLC      
5.750%, 11/03/2020 (S)   750,000 785,265
Viacom, Inc.      
6.125%, 10/05/2017   1,500,000 1,802,277
6.875%, 04/30/2036   805,000 1,064,293

 

13

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Active Bond Trust (continued)    
    Shares or  
    Principal  
    Amount Value
 
CORPORATE BONDS (continued)      
Consumer Discretionary (continued)      
Visteon Corp.      
6.750%, 04/15/2019 $ 560,000 $ 588,000
Waterford Gaming LLC      
8.625%, 09/15/2014 (S)   629,830 384,416
XM Satellite Radio, Inc.      
7.625%, 11/01/2018 (S)   925,000 1,022,125
Yum! Brands, Inc.      
6.250%, 03/15/2018   715,000 867,165
6.875%, 11/15/2037   1,130,000 1,546,526
 
      66,183,915
Consumer Staples - 1.9%      
Ajecorp BV      
6.500%, 05/14/2022 (S)   715,000 752,538
Alliance One International, Inc.      
10.000%, 07/15/2016   1,475,000 1,526,625
Anheuser-Busch Companies, Inc.      
5.750%, 04/01/2036   1,000,000 1,281,480
6.500%, 02/01/2043   540,000 777,404
Bunge, Ltd. Finance Corp.      
8.500%, 06/15/2019   800,000 1,013,773
Corporacion Lindley SA      
6.750%, 11/23/2021 (S)   300,000 336,750
Corporacion Pesquera Inca SAC      
9.000%, 02/10/2017 (S)   785,000 843,875
CVS Pass-Through Trust      
8.353%, 07/10/2031 (S)   1,252,716 1,694,912
Kraft Foods Group, Inc.      
6.125%, 08/23/2018 (S)   817,000 1,000,931
Kraft Foods, Inc.      
6.125%, 02/01/2018   288,000 351,706
Revlon Consumer Products Corp.      
9.750%, 11/15/2015   870,000 920,025
Reynolds Group Issuer, Inc.      
9.000%, 04/15/2019   1,050,000 1,071,000
9.875%, 08/15/2019   925,000 983,969
Rite Aid Corp.      
9.250%, 03/15/2020   1,795,000 1,839,875
SABMiller PLC      
6.500%, 07/15/2018 (S)   1,715,000 2,151,814
Safeway, Inc.      
5.000%, 08/15/2019   1,200,000 1,250,586
6.350%, 08/15/2017   820,000 923,818
7.250%, 02/01/2031   560,000 597,806
Simmons Foods, Inc.      
10.500%, 11/01/2017 (S)   910,000 784,875
TESCO PLC      
6.150%, 11/15/2037 (S)   900,000 1,152,841
The Kroger Company      
7.000%, 05/01/2018   1,105,000 1,336,298
Yankee Candle Company, Inc.      
8.500%, 02/15/2015   36,000 36,450
YCC Holdings LLC, PIK      
10.250%, 02/15/2016   915,000 947,025
 
      23,576,376
Energy - 4.9%      
Afren PLC      
10.250%, 04/08/2019 (S)   570,000 646,950
11.500%, 02/01/2016 (S)   800,000 911,774
Alpha Natural Resources, Inc.      
6.000%, 06/01/2019   295,000 246,325
6.250%, 06/01/2021   700,000 582,750
Anadarko Petroleum Corp.      
6.450%, 09/15/2036   2,750,000 3,410,732

 

Active Bond Trust (continued)    
    Shares or  
    Principal  
    Amount Value
 
CORPORATE BONDS (continued)      
Energy (continued)      
Arch Coal, Inc.      
7.000%, 06/15/2019 $ 375,000 $ 315,000
7.250%, 06/15/2021   690,000 576,150
Astoria Depositor Corp., Series B      
8.144%, 05/01/2021 (S)   2,245,000 2,087,850
BP Capital Markets PLC      
4.750%, 03/10/2019   1,000,000 1,161,748
BreitBurn Energy Partners LP      
7.875%, 04/15/2022 (S)   485,000 501,975
Cameron International Corp.      
5.950%, 06/01/2041   1,178,000 1,428,020
CNOOC Finance 2003, Ltd.      
5.500%, 05/21/2033 (S)   545,000 645,622
DCP Midstream LLC      
9.750%, 03/15/2019 (S)   845,000 1,086,341
Devon Energy Corp.      
4.000%, 07/15/2021   1,000,000 1,099,766
Devon Financing Corp. ULC      
7.875%, 09/30/2031   874,000 1,271,195
DTEK Finance BV      
9.500%, 04/28/2015 (S)   410,000 410,000
El Paso Pipeline Partners Operating      
Company LLC      
5.000%, 10/01/2021   500,000 550,794
Enbridge Energy Partners LP      
7.500%, 04/15/2038   600,000 799,132
Energy Transfer Partners LP      
5.200%, 02/01/2022   345,000 382,793
6.625%, 10/15/2036   1,000,000 1,133,321
9.700%, 03/15/2019   860,000 1,136,579
Enersis SA      
7.375%, 01/15/2014   633,000 675,149
Enterprise Products Operating LLC      
6.650%, 04/15/2018   750,000 922,229
6.875%, 03/01/2033   471,000 601,002
Enterprise Products Operating LLC      
(7.000% to 06/01/2017, then 3 month      
LIBOR + 2.778%)      
06/01/2067   1,235,000 1,322,994
EP Energy LLC      
7.750%, 09/01/2022 (S)   460,000 469,200
EV Energy Partners LP      
8.000%, 04/15/2019   950,000 985,625
Georgian Oil and Gas Corp.      
6.875%, 05/16/2017 (S)   880,000 902,000
GS Caltex Corp.      
5.500%, 08/25/2014 (S)   471,000 503,433
Hess Corp.      
5.600%, 02/15/2041   1,500,000 1,742,036
Kerr-McGee Corp.      
6.950%, 07/01/2024   1,330,000 1,717,376
Kinder Morgan Energy Partners LP      
4.150%, 03/01/2022   500,000 540,268
5.800%, 03/15/2035   402,000 453,403
7.300%, 08/15/2033   603,000 761,417
7.750%, 03/15/2032   535,000 695,358
Linn Energy LLC      
6.250%, 11/01/2019 (S)   1,105,000 1,099,475
8.625%, 04/15/2020   455,000 498,225
Marathon Oil Corp.      
6.800%, 03/15/2032   785,000 1,045,852
MarkWest Energy Partners LP      
6.500%, 08/15/2021   875,000 938,438
Newfield Exploration Company      
5.750%, 01/30/2022   905,000 1,011,338

 

14

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Active Bond Trust (continued)    
    Shares or  
    Principal  
    Amount Value
 
CORPORATE BONDS (continued)      
Energy (continued)      
Nexen, Inc.      
5.875%, 03/10/2035 $ 598,000 $ 707,906
6.400%, 05/15/2037   775,000 984,872
Noble Holding International, Ltd.      
4.900%, 08/01/2020   1,000,000 1,117,290
5.250%, 03/15/2042   500,000 537,913
NuStar Logistics LP      
4.750%, 02/01/2022   1,000,000 943,398
7.900%, 04/15/2018   840,000 952,696
Offshore Group Investments, Ltd.      
11.500%, 08/01/2015   975,000 1,077,375
ONEOK Partners LP      
6.650%, 10/01/2036   1,435,000 1,712,167
Peabody Energy Corp.      
6.250%, 11/15/2021 (S)   825,000 820,875
Petro-Canada      
6.050%, 05/15/2018   1,445,000 1,768,439
Petroleos Mexicanos      
4.875%, 01/24/2022   705,000 796,650
Precision Drilling Corp.      
6.625%, 11/15/2020   775,000 825,375
Regency Energy Partners LP      
5.500%, 04/15/2023   620,000 626,975
Spectra Energy Capital LLC      
6.200%, 04/15/2018   750,000 907,353
6.750%, 02/15/2032   589,000 715,223
Talisman Energy, Inc.      
6.250%, 02/01/2038   1,025,000 1,198,301
Targa Resources Partners LP      
6.375%, 08/01/2022 (S)   600,000 636,000
TransCanada Pipelines, Ltd. (6.350% to      
5-15-17, then 3 month      
LIBOR + 2.210%)      
05/15/2067   1,325,000 1,417,141
Transocean, Inc.      
6.000%, 03/15/2018   1,000,000 1,168,008
6.800%, 03/15/2038   2,100,000 2,527,909
Transportadora de Gas Internacional SA      
ESP      
5.700%, 03/20/2022 (S)   725,000 779,375
Trinidad Drilling, Ltd.      
7.875%, 01/15/2019 (S)   610,000 658,800
Weatherford International, Inc.      
6.800%, 06/15/2037   305,000 334,181
Weatherford International, Ltd.      
6.500%, 08/01/2036   600,000 645,043
Williams Partners LP      
7.250%, 02/01/2017   1,390,000 1,690,590
 
      62,819,490
Financials - 14.9%      
Abbey National Treasury Services PLC      
4.000%, 04/27/2016   1,380,000 1,435,484
Aflac, Inc.      
8.500%, 05/15/2019   880,000 1,178,859
Alfa Bank OJSC      
7.750%, 04/28/2021 (S)   380,000 402,344
Allied World Assurance Company, Ltd.      
7.500%, 08/01/2016   505,000 587,424
American Express Bank FSB      
6.000%, 09/13/2017   1,585,000 1,923,073
American Express Company      
7.000%, 03/19/2018   255,000 322,807
American International Group, Inc.      
3.800%, 03/22/2017   555,000 597,087

 

Active Bond Trust (continued)    
    Shares or  
    Principal  
    Amount Value
 
CORPORATE BONDS (continued)      
Financials (continued)      
American International Group, Inc. (continued)    
6.400%, 12/15/2020 $ 1,500,000 $ 1,827,498
8.250%, 08/15/2018   570,000 733,147
Aon Corp.      
8.205%, 01/01/2027   800,000 1,001,794
Aries Vermogensverwaltung GmbH      
9.600%, 10/25/2014   750,000 888,750
Assurant, Inc.      
5.625%, 02/15/2014   461,000 480,628
AvalonBay Communities, Inc.      
5.700%, 03/15/2017   1,500,000 1,766,168
AXA SA      
8.600%, 12/15/2030   735,000 889,439
AXA SA (6.463% to 12/14/2018, then      
3 month LIBOR + 1.449%)      
12/14/2018 (Q)(S)   1,440,000 1,321,200
Banco de Credito del Peru      
4.750%, 03/16/2016 (S)   455,000 480,025
Banco Santander Chile      
5.375%, 12/09/2014 (S)   295,000 310,801
Bank of America Corp.      
3.625%, 03/17/2016   1,250,000 1,318,471
5.000%, 05/13/2021   1,000,000 1,099,413
5.650%, 05/01/2018   1,000,000 1,140,342
5.700%, 01/24/2022   1,500,000 1,762,233
6.500%, 08/01/2016   650,000 751,861
7.625%, 06/01/2019   1,065,000 1,330,114
Bank of America NA      
5.300%, 03/15/2017   355,000 394,286
6.000%, 10/15/2036   865,000 1,016,465
Bank of Ceylon      
6.875%, 05/03/2017 (S)   650,000 692,250
Barclays Bank PLC      
6.050%, 12/04/2017 (S)   1,305,000 1,404,582
10.179%, 06/12/2021 (S)   670,000 870,417
BB&T Corp.      
3.200%, 03/15/2016   500,000 537,099
Boston Properties LP      
3.700%, 11/15/2018   1,538,000 1,668,124
BPCE SA (12.500% to 09/30/2019, then      
3 month LIBOR + 12.980%)      
09/30/2019 (Q)(S)   718,000 813,300
Brandywine Operating Partnership LP      
7.500%, 05/15/2015   810,000 916,384
BRE Properties, Inc.      
5.500%, 03/15/2017   1,506,000 1,704,833
Camden Property Trust      
5.000%, 06/15/2015   804,000 875,757
Capital One Financial Corp.      
3.150%, 07/15/2016   1,000,000 1,062,056
4.750%, 07/15/2021   700,000 794,868
6.150%, 09/01/2016   1,205,000 1,375,752
6.750%, 09/15/2017   930,000 1,139,308
Citigroup, Inc.      
4.450%, 01/10/2017   1,350,000 1,483,101
4.500%, 01/14/2022   2,000,000 2,196,468
5.375%, 08/09/2020   1,500,000 1,734,516
5.850%, 12/11/2034   291,000 344,025
CNA Financial Corp.      
6.500%, 08/15/2016   2,030,000 2,339,007
7.250%, 11/15/2023   1,035,000 1,278,273
CNO Financial Group, Inc.      
6.375%, 10/01/2020 (S)   340,000 347,650
CubeSmart LP      
4.800%, 07/15/2022   680,000 735,966

 

15

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Active Bond Trust (continued)    
    Shares or  
    Principal  
    Amount Value
 
CORPORATE BONDS (continued)      
Financials (continued)      
DDR Corp.      
7.500%, 04/01/2017 $ 2,130,000 $ 2,549,325
Discover Bank      
7.000%, 04/15/2020   625,000 752,944
Discover Financial Services      
5.200%, 04/27/2022 (S)   1,120,000 1,227,427
Dresdner Bank AG      
7.250%, 09/15/2015   627,000 663,853
Entertainment Properties Trust      
7.750%, 07/15/2020   921,000 1,061,120
ERP Operating LP      
5.125%, 03/15/2016   1,000,000 1,126,431
5.750%, 06/15/2017   1,730,000 2,059,238
First Horizon National Corp.      
5.375%, 12/15/2015   910,000 995,584
General Electric Capital Corp.      
0.915%, 08/15/2036 (P)   1,020,000 751,895
4.375%, 09/16/2020   715,000 788,666
5.300%, 02/11/2021   575,000 659,987
5.625%, 05/01/2018   1,000,000 1,179,587
5.875%, 01/14/2038   435,000 518,959
6.000%, 08/07/2019   730,000 888,046
General Electric Capital Corp. (7.125%      
until 06/15/2022, then 3 month      
LIBOR + 5.296%)      
06/15/2022 (Q)   1,600,000 1,783,072
General Shopping Investments, Ltd.      
USGG      
03/20/2017 (Q)(S)   635,000 577,850
Glen Meadow Pass-Through Trust      
(6.505% to 02/15/2017, then 3 month      
LIBOR + 2.125%)      
02/12/2067 (S)   1,640,000 1,377,600
Goodman Funding Pty, Ltd.      
6.375%, 04/15/2021 (S)   1,210,000 1,328,451
Hartford Financial Services Group, Inc.      
4.625%, 07/15/2013   417,000 427,677
5.500%, 03/30/2020   1,405,000 1,590,352
6.000%, 01/15/2019   413,000 468,667
6.625%, 03/30/2040   1,090,000 1,314,405
Health Care REIT, Inc.      
4.950%, 01/15/2021   485,000 530,276
6.000%, 11/15/2013   755,000 793,022
6.125%, 04/15/2020   1,295,000 1,505,905
6.200%, 06/01/2016   725,000 818,073
Healthcare Realty Trust, Inc.      
5.750%, 01/15/2021   1,000,000 1,101,250
6.500%, 01/17/2017   875,000 997,405
Host Hotels & Resorts LP      
5.250%, 03/15/2022 (S)   1,075,000 1,161,000
ICICI Bank, Ltd.      
4.700%, 02/21/2018 (S)   955,000 995,658
5.750%, 11/16/2020 (S)   1,095,000 1,165,415
Intercorp Retail Trust      
8.875%, 11/14/2018 (S)   385,000 427,350
International Lease Finance Corp.      
7.125%, 09/01/2018 (S)   720,000 838,800
iPayment, Inc.      
10.250%, 05/15/2018   725,000 632,563
Jefferies Group, Inc.      
5.125%, 04/13/2018   600,000 609,000
6.875%, 04/15/2021   830,000 893,288
8.500%, 07/15/2019   940,000 1,078,650
JPMorgan Chase & Company      
4.500%, 01/24/2022   1,300,000 1,442,358

 

Active Bond Trust (continued)    
    Shares or  
    Principal  
    Amount Value
 
CORPORATE BONDS (continued)      
Financials (continued)      
JPMorgan Chase & Company (continued)      
6.000%, 01/15/2018 $ 1,780,000 $ 2,122,721
6.300%, 04/23/2019   1,000,000 1,229,525
JPMorgan Chase & Company (7.900% to      
04/30/2018, then 3 month      
LIBOR + 3.470%)      
04/30/2018 (Q)   1,005,000 1,141,409
Kazkommertsbank JSC      
8.500%, 04/16/2013   350,000 346,850
Kimco Realty Corp.      
6.875%, 10/01/2019   755,000 925,849
Liberty Mutual Group, Inc.      
4.950%, 05/01/2022 (S)   530,000 554,506
6.500%, 05/01/2042 (S)   655,000 709,835
7.800%, 03/15/2037 (S)   1,220,000 1,323,700
Liberty Property LP      
5.500%, 12/15/2016   1,500,000 1,677,855
Lincoln National Corp.      
6.250%, 02/15/2020   1,000,000 1,178,303
8.750%, 07/01/2019   720,000 943,552
Lincoln National Corp. (6.050% to      
04/20/2017, then 3 month      
LIBOR + 2.040%)      
04/20/2067   2,102,000 2,057,333
Macquarie Bank, Ltd.      
6.625%, 04/07/2021 (S)   685,000 733,162
Macquarie Group, Ltd.      
6.000%, 01/14/2020 (S)   795,000 851,994
Markel Corp.      
5.350%, 06/01/2021   1,500,000 1,620,233
Merrill Lynch & Company, Inc.      
6.875%, 04/25/2018   1,350,000 1,617,836
7.750%, 05/14/2038   610,000 766,841
Metropolitan Life Global Funding I      
3.650%, 06/14/2018 (S)   1,500,000 1,653,272
Moody’s Corp.      
4.500%, 09/01/2022   640,000 678,698
Morgan Stanley      
5.500%, 07/28/2021   1,250,000 1,368,273
5.550%, 04/27/2017   1,780,000 1,951,850
5.750%, 01/25/2021   2,740,000 3,008,164
5.950%, 12/28/2017   1,265,000 1,421,229
6.375%, 07/24/2042   920,000 1,014,391
6.625%, 04/01/2018   470,000 540,128
7.300%, 05/13/2019   1,075,000 1,268,699
MPT Operating Partnership LP      
6.375%, 02/15/2022   820,000 869,200
6.875%, 05/01/2021   575,000 626,750
Nationstar Mortgage LLC      
7.875%, 10/01/2020 (S)   235,000 239,113
9.625%, 05/01/2019 (S)   740,000 807,576
10.875%, 04/01/2015   1,210,000 1,311,338
Nationwide Mutual Insurance Company      
(5.810% to 12/15/2014, then 3 month      
LIBOR + 2.290%)      
12/15/2024 (S)   1,130,000 1,029,927
Nelnet, Inc.      
3.735%, 09/29/2036 (P)   630,000 508,891
Nordea Bank AB      
3.125%, 03/20/2017 (S)   1,650,000 1,725,930
Oil Casualty Insurance, Ltd.      
8.000%, 09/15/2034 (S)   1,127,000 1,241,627
ProLogis LP      
4.500%, 08/15/2017   145,000 156,090
6.250%, 03/15/2017   2,142,000 2,453,282

 

16

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Active Bond Trust (continued)    
    Shares or  
    Principal  
    Amount Value
 
CORPORATE BONDS (continued)      
Financials (continued)      
ProLogis LP (continued)      
7.625%, 08/15/2014 $ 1,041,000 $ 1,142,359
Prudential Financial, Inc. (5.875% to      
09/15/2022, then 3 month      
LIBOR + 4.175%)      
09/15/2042   1,060,000 1,086,500
Rabobank Nederland NV      
3.375%, 01/19/2017   705,000 748,444
Rabobank Nederland NV (11.000% to      
06/30/2019, then 3 month      
LIBOR + 10.868%)      
06/30/2019 (Q)(S)   1,252,000 1,644,815
RBS Citizens Financial Group, Inc.      
4.150%, 09/28/2022 (S)   270,000 270,568
Realogy Corp.      
7.875%, 02/15/2019 (S)   560,000 588,000
Realty Income Corp.      
5.375%, 09/15/2017   1,250,000 1,394,308
5.950%, 09/15/2016   530,000 596,086
Reckson Operating Partnership LP      
6.000%, 03/31/2016   1,500,000 1,634,859
Regions Financial Corp.      
7.750%, 11/10/2014   775,000 862,188
Royal Bank of Scotland Group PLC      
2.550%, 09/18/2015   790,000 799,505
Santander Holdings USA, Inc.      
4.625%, 04/19/2016   315,000 330,053
Sberbank of Russia      
6.125%, 02/07/2022 (S)   600,000 663,000
SL Green Realty Corp.      
7.750%, 03/15/2020   1,265,000 1,510,905
SPL Logistics Escrow LLC      
8.875%, 08/01/2020 (S)   521,000 557,470
Svenska Handelsbanken AB      
2.875%, 04/04/2017   1,325,000 1,394,745
Swedbank AB      
2.125%, 08/31/2016 (S)   1,075,000 1,075,983
Symetra Financial Corp.      
6.125%, 04/01/2016 (S)   1,650,000 1,785,260
Synovus Financial Corp.      
7.875%, 02/15/2019   510,000 563,550
Teachers Insurance & Annuity Association      
of America      
6.850%, 12/16/2039 (S)   1,115,000 1,532,861
The Bear Stearns Companies LLC      
7.250%, 02/01/2018   455,000 567,902
The Charles Schwab Corp. (7.000% to      
02/01/2022, then 3 month      
LIBOR + 4.820%)      
02/01/2022 (Q)   1,000,000 1,130,820
The Chubb Corp. (6.375% until      
04/15/2017, then 3 month      
LIBOR + 2.250%)      
03/29/2067   1,415,000 1,506,975
The Chuo Mitsui Trust & Banking      
Company, Ltd. (5.506% to 04/15/2015,      
then 3 month LIBOR + 2.490%)      
04/15/2015 (Q)(S)   960,000 1,017,302
The Goldman Sachs Group, Inc.      
5.250%, 07/27/2021   725,000 799,436
5.750%, 01/24/2022   3,285,000 3,784,747
5.950%, 01/18/2018   725,000 842,098
6.150%, 04/01/2018   2,555,000 2,982,850
6.750%, 10/01/2037   1,350,000 1,447,668

 

Active Bond Trust (continued)    
    Shares or  
    Principal  
    Amount Value
 
CORPORATE BONDS (continued)      
Financials (continued)      
The Hanover Insurance Group, Inc.      
6.375%, 06/15/2021 $ 385,000 $ 440,755
Transatlantic Holdings, Inc.      
5.750%, 12/14/2015   1,555,000 1,727,630
UBS AG      
7.625%, 08/17/2022   1,070,000 1,118,982
Unum Group      
7.125%, 09/30/2016   710,000 826,463
UnumProvident Finance Company PLC      
6.850%, 11/15/2015 (S)   1,190,000 1,324,997
USB Realty Corp.      
1.602%, 01/15/2017 (P)(Q)(S)   1,310,000 1,087,405
Ventas Realty LP      
4.000%, 04/30/2019   840,000 897,909
4.750%, 06/01/2021   1,500,000 1,648,892
Vornado Realty LP      
4.250%, 04/01/2015   1,980,000 2,092,436
5.000%, 01/15/2022   1,250,000 1,383,459
VTB Bank OJSC (9.500% to 12/06/2022,      
then 10 Year U.S. Treasury + 8.067%)      
12/06/2022 (Q)(S)   500,000 498,629
W.R. Berkley Corp.      
5.600%, 05/15/2015   755,000 826,004
6.150%, 08/15/2019   699,000 800,696
Wachovia Bank NA      
5.850%, 02/01/2037   750,000 944,341
Wachovia Corp.      
5.750%, 06/15/2017   780,000 935,097
Washington Mutual Bank      
3.363%, 01/15/2015 (H)   1,070,000 27
WEA Finance LLC      
4.625%, 05/10/2021 (S)   1,000,000 1,091,925
6.750%, 09/02/2019 (S)   755,000 915,653
Weyerhaeuser Company      
7.375%, 03/15/2032   1,355,000 1,609,312
Willis Group Holdings PLC      
5.750%, 03/15/2021   2,205,000 2,490,453
Willis North America, Inc.      
7.000%, 09/29/2019   885,000 1,052,366
 
      190,005,218
Health Care - 1.1%      
Alere, Inc.      
7.875%, 02/01/2016   895,000 935,275
8.625%, 10/01/2018   455,000 477,750
BioScrip, Inc.      
10.250%, 10/01/2015   555,000 598,013
Catalent Pharma Solutions, Inc.      
7.875%, 10/15/2018 (S)   300,000 304,500
9.500%, 04/15/2015   998,813 1,017,541
Cigna Corp.      
4.500%, 03/15/2021   1,100,000 1,221,989
Community Health Systems, Inc.      
7.125%, 07/15/2020   325,000 346,734
Endo Health Solutions, Inc.      
7.250%, 01/15/2022   985,000 1,063,800
HCA, Inc.      
7.500%, 02/15/2022   880,000 996,600
Medco Health Solutions, Inc.      
7.125%, 03/15/2018   995,000 1,249,619
National Mentor Holdings, Inc.      
12.500%, 02/15/2018 (S)   1,010,000 1,030,200
Teva Pharmaceutical Finance      
Company LLC      
6.150%, 02/01/2036   1,680,000 2,221,966

 

17

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Active Bond Trust (continued)    
    Shares or  
    Principal  
    Amount Value
 
CORPORATE BONDS (continued)      
Health Care (continued)      
UnitedHealth Group, Inc.      
5.800%, 03/15/2036 $ 540,000 $ 653,648
Valeant Pharmaceuticals International      
6.875%, 12/01/2018 (S)   830,000 873,575
Watson Pharmaceuticals, Inc.      
3.250%, 10/01/2022   375,000 379,898
WellPoint, Inc.      
6.375%, 06/15/2037   1,000,000 1,238,425
 
      14,609,533
Industrials - 3.7%      
Air Lease Corp.      
4.500%, 01/15/2016 (S)   190,000 190,000
5.625%, 04/01/2017 (S)   275,000 280,500
Aircastle, Ltd.      
6.750%, 04/15/2017   375,000 404,063
7.625%, 04/15/2020   390,000 431,925
America West Airlines 2000-1 Pass      
Through Trust      
8.057%, 07/02/2020   499,282 531,735
American Airlines 2011-1 Class B Pass      
Through Trust      
7.000%, 01/31/2018 (S)   1,317,067 1,345,055
Avis Budget Car Rental LLC      
8.250%, 01/15/2019   315,000 342,956
Bombardier, Inc.      
7.750%, 03/15/2020 (S)   610,000 699,975
Casella Waste Systems, Inc.      
7.750%, 02/15/2019 (S)   870,000 852,600
Coleman Cable, Inc.      
9.000%, 02/15/2018   515,000 548,475
Continental Airlines 1997-4 Class A Pass      
Through Trust      
6.900%, 01/02/2018   773,951 843,606
Continental Airlines 1998-1 Class A Pass      
Through Trust      
6.648%, 09/15/2017   430,789 465,252
Continental Airlines 1999-1 Class A Pass      
Through Trust      
6.545%, 02/02/2019   302,270 330,986
Continental Airlines 2000-2 Class B Pass      
Through Trust      
8.307%, 04/02/2018   282,229 301,985
Continental Airlines 2007-1 Class A Pass      
Through Trust      
5.983%, 04/19/2022   943,922 1,052,473
Continental Airlines 2010-1 Class A Pass      
Through Trust      
4.750%, 01/12/2021   376,966 402,411
Continental Airlines 2012-1 Class B Pass      
Through Trust      
6.250%, 04/11/2020   600,000 621,000
CSX Corp.      
7.375%, 02/01/2019   1,540,000 1,971,186
Delta Air Lines 2002-1 Class G-1 Pass      
Through Trust      
6.718%, 01/02/2023   1,436,087 1,579,696
Delta Air Lines 2007-1 Class A Pass      
Through Trust      
6.821%, 08/10/2022   1,430,035 1,580,189
Delta Air Lines 2010-1 Class A Pass      
Through Trust      
6.200%, 07/02/2018   438,807 479,396

 

Active Bond Trust (continued)    
    Shares or  
    Principal  
    Amount Value
 
CORPORATE BONDS (continued)      
Industrials (continued)      
Delta Air Lines 2011-1 Class A Pass      
Through Trust      
5.300%, 04/15/2019 $ 893,677 $ 969,640
Ducommun, Inc.      
9.750%, 07/15/2018   180,000 189,900
Embraer Overseas, Ltd.      
6.375%, 01/15/2020   815,000 933,175
Empresas ICA SAB de CV      
8.375%, 07/24/2017 (S)   275,000 286,688
Garda World Security Corp.      
9.750%, 03/15/2017 (S)   350,000 365,750
Georgian Railway JSC      
7.750%, 07/11/2022 (S)   300,000 342,321
H&E Equipment Services, Inc.      
7.000%, 09/01/2022 (S)   490,000 509,600
HD Supply, Inc.      
8.125%, 04/15/2019 (S)   235,000 254,975
Huntington Ingalls Industries, Inc.      
7.125%, 03/15/2021   895,000 963,244
Iron Mountain, Inc.      
5.750%, 08/15/2024   680,000 681,700
Kratos Defense & Security Solutions, Inc.      
10.000%, 06/01/2017   820,000 885,600
Masco Corp.      
7.125%, 03/15/2020   755,000 859,580
Navios South American Logistics, Inc.      
9.250%, 04/15/2019   1,045,000 982,300
Northwest Airlines 2002-1 Class G-2 Pass      
Through Trust      
6.264%, 11/20/2021   327,475 345,486
Northwest Airlines 2007-1 Class A Pass      
Through Trust      
7.027%, 11/01/2019   872,679 957,765
Odebrecht Finance, Ltd.      
6.000%, 04/05/2023 (S)   900,000 999,000
7.000%, 04/21/2020 (S)   710,000 802,300
7.500%, 09/15/2015 (Q)(S)   365,000 387,813
Penske Truck Leasing Company LP      
3.750%, 05/11/2017 (S)   1,135,000 1,164,593
Ply Gem Industries, Inc.      
9.375%, 04/15/2017 (S)   185,000 185,925
Steelcase, Inc.      
6.375%, 02/15/2021   1,070,000 1,149,885
Textron Financial Corp. (6.000% to      
02/15/2017, then 3 month      
LIBOR + 1.735%)      
02/15/2067 (S)   3,160,000 2,638,600
Textron, Inc.      
5.600%, 12/01/2017   1,095,000 1,213,182
7.250%, 10/01/2019   670,000 790,826
The Hertz Corp.      
6.750%, 04/15/2019   1,170,000 1,234,350
6.750%, 04/15/2019 (S)   175,000 184,625
Tutor Perini Corp.      
7.625%, 11/01/2018   790,000 799,875
Tyco Electronics Group SA      
4.875%, 01/15/2021   500,000 559,183
6.550%, 10/01/2017   945,000 1,143,052
UAL 2009-1 Pass Through Trust      
10.400%, 11/01/2016   393,143 453,098
UAL 2009-2A Pass Through Trust      
9.750%, 01/15/2017   729,559 835,345
Union Pacific Corp.      
4.163%, 07/15/2022   1,137,000 1,296,086

 

18

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Active Bond Trust (continued)    
    Shares or  
    Principal  
    Amount Value
 
CORPORATE BONDS (continued)      
Industrials (continued)      
United Air Lines 2007-1 Class C Pass      
Through Trust      
2.984%, 07/02/2014 (P) $ 1,940,256 $ 1,882,049
US Airways 2010-1 Class A Pass      
Through Trust      
6.250%, 04/22/2023   879,316 934,274
US Airways 2012-1 Class A Pass      
Through Trust      
5.900%, 10/01/2024   445,000 470,588
Voto-Votorantim Overseas Trading      
Operations NV      
6.625%, 09/25/2019 (S)   875,000 1,008,438
Voto-Votorantim, Ltd.      
6.750%, 04/05/2021 (S)   880,000 1,020,800
Waste Management, Inc.      
7.750%, 05/15/2032   625,000 895,258
 
      46,832,333
Information Technology - 0.4%      
Brightstar Corp.      
9.500%, 12/01/2016 (S)   1,285,000 1,379,769
Computer Sciences Corp.      
4.450%, 09/15/2022   530,000 529,843
Hewlett-Packard Company      
4.375%, 09/15/2021   740,000 758,226
Lender Processing Services, Inc.      
5.750%, 04/15/2023   805,000 822,106
XLIT, Ltd.      
5.750%, 10/01/2021   1,000,000 1,151,170
 
      4,641,114
Materials - 3.0%      
Alcoa, Inc.      
5.400%, 04/15/2021   675,000 708,664
5.720%, 02/23/2019   560,000 601,268
Allegheny Technologies, Inc.      
5.950%, 01/15/2021   300,000 331,219
9.375%, 06/01/2019   680,000 878,709
American Gilsonite Company      
11.500%, 09/01/2017 (S)   695,000 714,113
American Pacific Corp.      
9.000%, 02/01/2015   353,000 360,060
ArcelorMittal      
6.125%, 06/01/2018   530,000 526,653
6.500%, 02/25/2022   1,000,000 985,177
10.100%, 06/01/2019   730,000 840,999
ARD Finance SA, PIK      
11.125%, 06/01/2018 (S)   645,000 641,775
Braskem Finance, Ltd.      
7.000%, 05/07/2020 (S)   1,335,000 1,535,250
Building Materials Corp. of America      
6.750%, 05/01/2021 (S)   550,000 602,250
CF Industries, Inc.      
6.875%, 05/01/2018   425,000 516,906
7.125%, 05/01/2020   950,000 1,192,250
Commercial Metals Company      
7.350%, 08/15/2018   820,000 863,050
Consolidated Container Company LLC      
10.125%, 07/15/2020 (S)   755,000 804,075
Corporacion Nacional del Cobre de Chile      
5.500%, 10/15/2013 (S)   481,000 501,992
Eastman Chemical Company      
4.500%, 01/15/2021   1,000,000 1,118,277
Edgen Murray Corp.      
12.250%, 01/15/2015   405,000 432,338

 

Active Bond Trust (continued)    
    Shares or  
    Principal  
    Amount Value
 
CORPORATE BONDS (continued)      
Materials (continued)      
FMG Resources August 2006 Pty, Ltd.      
6.875%, 02/01/2018 to 04/01/2022 (S) $ 1,555,000 $ 1,432,650
8.250%, 11/01/2019 (S)   435,000 421,950
Georgia-Pacific LLC      
5.400%, 11/01/2020 (S)   1,070,000 1,254,318
7.250%, 06/01/2028   430,000 544,581
Incitec Pivot Finance LLC      
6.000%, 12/10/2019 (S)   880,000 975,362
Inmet Mining Corp.      
8.750%, 06/01/2020 (S)   535,000 553,725
International Paper Company      
9.375%, 05/15/2019   770,000 1,041,376
JMC Steel Group      
8.250%, 03/15/2018 (S)   475,000 484,500
LyondellBasell Industries NV      
5.000%, 04/15/2019   600,000 637,500
Magnesita Finance, Ltd.      
8.625%, 04/05/2017 (Q)(S)   1,015,000 1,047,212
Metinvest BV      
8.750%, 02/14/2018 (S)   1,145,000 1,090,613
Polymer Group, Inc.      
7.750%, 02/01/2019   285,000 303,525
Pretium Packaging LLC      
11.500%, 04/01/2016   420,000 429,450
Rain CII Carbon LLC      
8.000%, 12/01/2018 (S)   415,000 423,300
Rio Tinto Alcan, Inc.      
5.000%, 06/01/2015   339,000 373,970
Rock-Tenn Company      
3.500%, 03/01/2020 (S)   840,000 849,147
Severstal Columbus LLC      
10.250%, 02/15/2018   320,000 320,000
SunCoke Energy, Inc.      
7.625%, 08/01/2019   665,000 674,975
Teck Resources, Ltd.      
10.750%, 05/15/2019   250,000 301,275
Tekni-Plex, Inc.      
9.750%, 06/01/2019 (S)   936,000 1,001,520
Temple-Inland, Inc.      
6.625%, 01/15/2018   1,485,000 1,779,263
The Dow Chemical Company      
4.125%, 11/15/2021   1,000,000 1,088,319
Thompson Creek Metals Company, Inc.      
7.375%, 06/01/2018   975,000 789,750
Vale Overseas, Ltd.      
6.875%, 11/10/2039   665,000 776,456
Valspar Corp.      
4.200%, 01/15/2022   1,000,000 1,087,396
Vulcan Materials Company      
7.500%, 06/15/2021   325,000 367,250
Westvaco Corp.      
7.950%, 02/15/2031   1,315,000 1,728,591
Xstrata Canada Financial Corp.      
3.600%, 01/15/2017 (S)   700,000 732,323
4.950%, 11/15/2021 (S)   900,000 964,457
 
      37,629,779
Telecommunication Services - 2.7%      
American Tower Corp.      
4.700%, 03/15/2022   805,000 883,230
5.900%, 11/01/2021   1,500,000 1,779,915
AT&T, Inc.      
5.350%, 09/01/2040   580,000 698,968
6.450%, 06/15/2034   217,000 283,185

 

19

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Active Bond Trust (continued)    
    Shares or  
    Principal  
    Amount Value
 
CORPORATE BONDS (continued)      
Telecommunication Services (continued)      
BellSouth Corp.      
6.550%, 06/15/2034 $ 1,580,000 $ 1,911,898
CenturyLink, Inc.      
5.800%, 03/15/2022   965,000 1,050,292
6.450%, 06/15/2021   775,000 874,765
7.600%, 09/15/2039   1,780,000 1,884,345
7.650%, 03/15/2042   1,000,000 1,066,444
Cincinnati Bell, Inc.      
8.750%, 03/15/2018   510,000 517,650
Crown Castle Towers LLC      
4.883%, 08/15/2020 (S)   1,295,000 1,457,547
6.113%, 01/15/2020 (S)   1,320,000 1,590,075
Deutsche Telekom International      
Finance BV      
8.750%, 06/15/2030   1,358,000 2,044,316
Digicel Group, Ltd.      
8.250%, 09/30/2020 (S)   475,000 498,750
Digicel, Ltd.      
7.000%, 02/15/2020 (S)   300,000 306,000
Embarq Corp.      
7.995%, 06/01/2036   1,092,000 1,229,215
GTP Acquisition Partners I LLC      
4.347%, 06/15/2016 (S)   1,655,000 1,746,195
7.628%, 06/15/2016 (S)   1,530,000 1,590,026
GTP Towers Issuer LLC      
8.112%, 02/15/2015 (S)   2,290,000 2,400,183
Nextel Communications, Inc.      
7.375%, 08/01/2015   530,000 531,988
Oi SA      
9.750%, 09/15/2016 (S) BRL 2,010,000 1,041,065
PAETEC Holding Corp.      
9.875%, 12/01/2018 $ 936,000 1,067,040
SBA Tower Trust      
2.933%, 12/15/2017 (S)   955,000 981,871
5.101%, 04/17/2017 (S)   1,200,000 1,337,454
Sprint Capital Corp.      
6.875%, 11/15/2028   750,000 690,000
Telecom Italia Capital SA      
7.200%, 07/18/2036   970,000 950,600
Verizon Communications, Inc.      
6.900%, 04/15/2038   1,715,000 2,450,469
West Corp.      
11.000%, 10/15/2016   1,075,000 1,118,000
 
      33,981,486
Utilities - 2.8%      
Allegheny Energy Supply Company LLC      
5.750%, 10/15/2019 (S)   905,000 996,353
Appalachian Power Company      
5.800%, 10/01/2035   1,961,000 2,385,276
Arizona Public Service Company      
5.500%, 09/01/2035   1,118,000 1,347,566
Beaver Valley II Funding      
9.000%, 06/01/2017   957,000 983,145
BVPS II Funding Corp.      
8.890%, 06/01/2017   612,000 677,183
CenterPoint Energy Houston Electric LLC      
6.950%, 03/15/2033   535,000 767,491
Cia de Saneamento Basico do Estado de      
Sao Paulo      
6.250%, 12/16/2020 (S)   790,000 845,300
CMS Energy Corp.      
5.050%, 03/15/2022   845,000 930,931
Commonwealth Edison Company      
5.800%, 03/15/2018   830,000 1,018,193

 

Active Bond Trust (continued)    
    Shares or  
    Principal  
    Amount Value
 
CORPORATE BONDS (continued)      
Utilities (continued)      
DPL, Inc.      
7.250%, 10/15/2021 (S) $ 1,110,000 $ 1,265,400
Entergy Corp.      
4.700%, 01/15/2017   1,000,000 1,090,630
Exelon Generation Company LLC      
5.600%, 06/15/2042 (S)   471,000 506,186
6.250%, 10/01/2039   430,000 498,010
Integrys Energy Group, Inc. (6.110% to      
12/01/2016, then 3 month      
LIBOR + 2.120%)      
12/01/2066   1,328,000 1,394,400
Ipalco Enterprises, Inc.      
5.000%, 05/01/2018   1,285,000 1,346,038
Israel Electric Corp., Ltd.      
7.250%, 01/15/2019 (S)   1,145,000 1,245,376
Michigan Consolidated Gas Company      
5.700%, 03/15/2033   736,000 902,830
NiSource Finance Corp.      
6.400%, 03/15/2018   1,672,000 2,045,508
NRG Energy, Inc.      
7.625%, 01/15/2018   980,000 1,060,850
8.250%, 09/01/2020   865,000 942,850
NV Energy, Inc.      
6.250%, 11/15/2020   605,000 699,249
Oncor Electric Delivery Company LLC      
4.100%, 06/01/2022   1,350,000 1,432,461
PNM Resources, Inc.      
9.250%, 05/15/2015   1,764,000 2,019,780
PNPP II Funding Corp.      
9.120%, 05/30/2016   511,000 537,965
PPL Capital Funding, Inc. (6.700% to      
03/30/2017, then 3 month      
LIBOR + 2.665%)      
03/30/2067   1,255,000 1,305,263
PPL Energy Supply LLC      
6.500%, 05/01/2018   1,000,000 1,183,747
PSEG Power LLC      
8.625%, 04/15/2031   736,000 1,083,918
Salton Sea Funding Corp., Series F      
7.475%, 11/30/2018   549,102 565,141
Southern California Edison Company      
(6.250% to 02/01/2022, then 3 month      
LIBOR + 4.199%)      
02/01/2022 (Q)   705,000 765,616
SPI Electricity & Gas Australia      
Holdings Pty, Ltd.      
6.150%, 11/15/2013 (S)   798,000 826,389
TransAlta Corp.      
6.650%, 05/15/2018   1,157,000 1,321,867
W3A Funding Corp.      
8.090%, 01/02/2017   346,409 359,753
Wisconsin Energy Corp. (6.250% to      
05/15/2017, then 3 month      
LIBOR + 2.113%)      
05/15/2067   810,000 862,650
 
      35,213,315
TOTAL CORPORATE BONDS (Cost $466,535,658) $ 515,492,559
 
CAPITAL PREFERRED SECURITIES - 1.2%    
Financials - 1.2%      
Allfirst Preferred Capital Trust      
1.955%, 07/15/2029 (P)   1,025,000 794,449

 

20

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Active Bond Trust (continued)    
    Shares or  
    Principal  
    Amount Value
 
CAPITAL PREFERRED SECURITIES (continued)  
Financials (continued)      
Fifth Third Capital Trust IV (6.500% to      
04/15/2017 then 3 month      
LIBOR + 1.368%)      
04/15/2037 $ 1,550,000 $ 1,553,875
HSBC Finance Capital Trust IX (5.911%      
to 11/30/2015, then 3 month      
LIBOR + 1.926%)      
11/30/2035   1,350,000 1,328,063
Lloyds Banking Group PLC (6.413% to      
10/01/2035, then 3 month      
LIBOR + 1.495%)      
10/01/2035 (Q)(S)   520,000 423,800
MetLife Capital Trust X (9.250% to      
04/08/2038, then 3 month      
LIBOR + 5.540%)      
04/08/2068 (S)   650,000 858,000
PNC Financial Services Group, Inc.      
(6.750% to 08/01/2021, then 3 month      
LIBOR + 3.678%)      
08/01/2021 (Q)   545,000 609,054
PNC Preferred Funding Trust III (8.700%      
to 03/15/2013, then 3 month      
LIBOR + 5.226%)      
03/15/2013 (Q)(S)   1,580,000 1,603,905
Regions Financing Trust II (6.625% to      
05/15/2027, then 3 month      
LIBOR + 1.290%)      
05/15/2047   655,000 638,625
Sovereign Capital Trust VI      
7.908%, 06/13/2036   390,000 395,850
State Street Capital Trust III      
5.379%, 10/04/2012 (P)(Q)   1,450,000 1,450,189
State Street Capital Trust IV      
1.389%, 06/15/2037 (P)   2,260,000 1,674,122
SunTrust Preferred Capital I      
4.000%, 11/30/2012 (P)(Q)   425,000 328,313
USB Capital IX      
3.500%, 04/15/2017 (P)(Q)   1,745,000 1,495,273
ZFS Finance USA Trust II (6.450% to      
06/15/2016, then 3 month      
LIBOR + 2.000%)      
12/15/2065 (S)   890,000 943,400
ZFS Finance USA Trust V      
6.500%, 05/09/2037 (P)(S)   1,385,000 1,464,638
 
      15,561,556
TOTAL CAPITAL PREFERRED      
SECURITIES (Cost $15,228,432)   $ 15,561,556
 
CONVERTIBLE BONDS - 0.1%      
Consumer Discretionary - 0.0%      
XM Satellite Radio, Inc.      
7.000%, 12/01/2014 (S)   320,000 501,800
Industrials - 0.1%      
US Airways Group, Inc.      
7.250%, 05/15/2014   330,000 786,225
TOTAL CONVERTIBLE BONDS (Cost $675,463) $ 1,288,025
 
TERM LOANS (M) - 0.2%      
Consumer Discretionary - 0.2%      
CCM Merger, Inc. 6.000%, 03/01/2017   450,224 453,037
Kalispel Tribal Economic Authority      
7.500%, 02/24/2017   1,483,463 1,453,793

 

Active Bond Trust (continued)    
    Shares or  
    Principal  
    Amount Value
 
TERM LOANS (M) (continued)      
Consumer Discretionary (continued)      
Landry’s, Inc. 6.500%, 04/24/2018 $ 298,500 $ 302,231
 
      2,209,061
Financials - 0.0%      
iStar Financial, Inc. 7.000%, 06/30/2014   570,000 572,280
TOTAL TERM LOANS (Cost $2,769,872)   $ 2,781,341
 
MUNICIPAL BONDS - 0.7%      
New Jersey State Turnpike Authority      
7.414%, 01/01/2040   1,885,000 2,805,709
State of California 7.600%, 11/01/2040   535,000 742,655
State of Illinois 5.100%, 06/01/2033   570,000 552,986
The George Washington University      
(District of Columbia)      
5.095%, 09/15/2032 (P)   4,385,000 4,467,657
TOTAL MUNICIPAL BONDS (Cost $7,504,670) $ 8,569,007
 
COLLATERALIZED MORTGAGE      
OBLIGATIONS - 20.2%      
Commercial & Residential - 14.1%      
American Home Mortgage Assets LLC,      
Series 2006-6, Class XP IO      
2.187%, 12/25/2046   13,057,496 894,250
American Home Mortgage      
Investment Trust, Series 2004-4,      
Class 5A 2.709%, 02/25/2045 (P)   1,620,788 1,589,227
American Tower Trust      
Series 2007-1A, Class C,      
5.615%, 04/15/2037 (S)   1,505,000 1,576,399
Series 2007-1A, Class D,      
5.957%, 04/15/2037 (S)   1,970,000 2,057,041
Americold 2010 LLC Trust      
Series 2010-ARTA, Class C,      
6.811%, 01/14/2029 (S)   750,000 898,536
Series 2010-ARTA, Class D,      
7.443%, 01/14/2029 (S)   2,850,000 3,253,677
Banc of America      
Commercial Mortgage Trust      
Series 2005-5, Class XC IO,      
0.099%, 10/10/2045 (S)   224,838,872 765,352
Series 2005-2, Class AJ,      
4.953%, 07/10/2043 (P)   2,524,154 2,710,861
Series 2007-3, Class AMF,      
5.317%, 06/10/2049   900,000 935,271
Series 2007-3, Class AM,      
5.893%, 06/10/2049 (P)   1,000,000 1,059,862
Banc of America      
Commercial Mortgage Trust, Inc.      
Series 2006-4, Class AM,      
5.675%, 07/10/2046   1,830,000 2,040,878
Series 2006-3, Class A4,      
5.889%, 07/10/2044 (P)   1,630,000 1,871,470
Series 2006-2, Class AM,      
5.952%, 05/10/2045 (P)   930,000 1,028,862
Bear Stearns Alt-A Trust, Series 2004-12,      
Class 1A1 0.567%, 01/25/2035 (P)   1,656,148 1,566,352
Bear Stearns Asset      
Backed Securities Trust      
Series 2004-AC5, Class A1,      
5.250%, 10/25/2034   247,620 253,861
Series 2003-AC4, Class A,      
5.500%, 09/25/2033   245,697 251,562

 

21

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Active Bond Trust (continued)    
    Shares or  
    Principal  
    Amount Value
 
COLLATERALIZED MORTGAGE      
OBLIGATIONS (continued)      
Commercial & Residential (continued)      
Bear Stearns Commercial      
Mortgage Securities, Inc.      
Series 2004-T16, Class X1 IO,      
0.318%, 02/13/2046 (S) $ 23,827,486 $ 321,695
Series 2004-PWR5, Class X1 IO,      
0.327%, 07/11/2042 (S)   22,781,883 373,441
Series 2006-T24, Class X2 IO,      
0.623%, 10/12/2041 (S)   115,811,001 514,432
Bear Stearns Mortgage Funding Trust,      
Series 2006-AR4, Class A1      
0.427%, 12/25/2036 (P)   1,327,611 736,069
Citigroup Commercial Mortgage Trust,      
Series 2006-C4, Class A3      
5.921%, 03/15/2049 (P)   1,764,000 2,035,917
Citigroup Mortgage Loan Trust, Inc.,      
Series 2005-1, Class 2B1      
1.874%, 04/25/2035 (P)   385,977 5,670
Citigroup/Deutsche Bank Commercial      
Mortgage Trust, Series 2005-CD1,      
Class C 5.393%, 07/15/2044 (P)   400,000 369,886
Commercial Mortgage Pass      
Through Certificates      
Series 2012-CR2, Class XA IO,      
2.141%, 08/15/2045   17,606,073 2,227,080
Series 2012-LC4, Class XA IO,      
2.710%, 12/10/2044 (S)   6,225,258 959,636
Series 2011-THL, Class A,      
3.376%, 06/09/2028 (S)   1,938,097 1,979,032
Series 2012-LC4, Class B,      
4.934%, 12/10/2044 (P)   905,000 1,001,395
Series 2012-LC4, Class C,      
5.825%, 12/10/2044 (P)   725,000 811,944
Series 2007-C9, Class A4,      
6.002%, 12/10/2049 (P)   2,800,000 3,334,229
Countrywide Home Loan Mortgage      
Pass Through Trust      
Series 2004-HYB2, Class 4A,      
2.592%, 07/20/2034 (P)   2,752,708 2,752,400
Series 2005-12, Class 2A5,      
5.500%, 05/25/2035   265,503 267,354
Credit Suisse First Boston Mortgage      
Securities Corp., Series 2005-C1,      
Class AX IO 0.527%, 02/15/2038 (S)   40,820,076 287,496
Extended Stay America Trust      
Series 2010-ESHA, Class B,      
4.221%, 11/05/2027 (S)   2,165,000 2,177,834
Series 2010-ESHA, Class C,      
4.860%, 11/05/2027 (S)   1,000,000 1,008,974
Fontainebleau Miami Beach Trust      
Series 2012-FBLU, Class C,      
4.270%, 05/05/2027 (S)   1,795,000 1,871,002
Series 2012-FBLU, Class D,      
5.007%, 05/05/2027 (S)   1,150,000 1,201,975
FREMF Mortgage Trust      
Series 2011-K11, Class B,      
4.570%, 12/25/2048 (P)(S)   875,000 931,571
Series 2011-K10, Class B,      
4.756%, 11/25/2049 (P)(S)   1,000,000 1,078,497
G-FORCE LLC, Series 2005-RR2,      
Class A4B 5.422%, 12/25/2039 (S)   2,060,000 341,836
GE Capital Commercial Mortgage Corp.      
Series 2005-C1, Class XC IO,      
0.714%, 06/10/2048 (S)   54,724,584 568,972

 

Active Bond Trust (continued)    
    Shares or  
    Principal  
    Amount Value
 
COLLATERALIZED MORTGAGE      
OBLIGATIONS (continued)      
Commercial & Residential (continued)      
GE Capital Commercial      
Mortgage Corp. (continued)      
Series 2005-C3, Class A7A,      
4.974%, 07/10/2045 (P) $ 2,500,000 $ 2,772,805
GMAC Mortgage Corp. Loan Trust,      
Series 2004-AR2, Class 3A      
3.563%, 08/19/2034 (P)   1,980,574 1,863,987
Greenwich Capital Commercial      
Funding Corp., Series 2006-GG7,      
Class AM 6.065%, 07/10/2038 (P)   2,425,000 2,661,680
GS Mortgage Securities Corp. II      
Series 2005-GG4, Class XC IO,      
0.925%, 07/10/2039 (S)   74,423,168 1,169,783
Series 2011-ALF, Class XA1 IO,      
3.566%, 02/10/2021 (S)   14,239,459 452,815
Series 2011-ALF, Class D,      
4.209%, 02/10/2021 (S)   1,500,000 1,512,450
Series 2007-GG10, Class A4,      
5.983%, 08/10/2045 (P)   2,000,000 2,290,742
GSR Mortgage Loan Trust      
Series 2005-AR6, Class 3A1,      
2.613%, 09/25/2035 (P)   1,010,256 989,136
Series 2004-9, Class B1,      
3.271%, 08/25/2034 (P)   1,536,744 655,034
Harborview Mortgage Loan Trust      
Series 2007-6, Class ES IO,      
0.342%, 08/19/2037 (S)   27,336,888 174,956
Series 2007-3, Class ES IO,      
0.350%, 05/19/2047 (P)   32,519,308 208,124
Series 2007-4, Class ES IO,      
0.350%, 07/19/2047   38,984,732 249,502
Series 2005-11, Class X IO,      
1.960%, 08/19/2045   6,049,208 255,881
Series 2004-11, Class X1 IO,      
2.015%, 01/19/2035   10,677,074 814,713
Series 2005-8, Class 1X IO,      
2.123%, 09/19/2035   10,200,606 657,844
Series 2004-7, Class 2A3,      
2.619%, 11/19/2034 (P)   441,789 374,888
IndyMac Index Mortgage Loan Trust      
Series 2005-AR18, Class 2X IO,      
1.591%, 10/25/2036   26,402,323 1,570,674
Series 2005-AR18, Class 1X IO,      
1.934%, 10/25/2036   16,523,499 1,190,849
JPMorgan Chase Commercial      
Mortgage Securities Corp.      
Series 2006-LDP8, Class X IO,      
0.730%, 05/15/2045   80,272,829 1,368,812
Series 2011-C3A, Class XA IO,      
1.516%, 02/15/2046 (S)   27,119,390 1,676,602
Series 2012-HSBC Class XA IO,      
1.582%, 07/05/2032 (S)   17,335,000 1,970,227
Series 2011-C4, Class XA IO,      
1.780%, 07/15/2046 (S)   35,639,506 2,526,877
Series 2005-LDP3, Class A4B,      
4.996%, 08/15/2042 (P)   1,705,000 1,859,497
Series 2007-LDPX, Class A2S,      
5.305%, 01/15/2049   1,500,374 1,511,985
Series 2006-LDP9, Class A3,      
5.336%, 05/15/2047   1,250,000 1,427,269
Series 2005-LDP5, Class A4,      
5.359%, 12/15/2044 (P)   5,990,000 6,744,710
Series 2005-LDP5, Class AM,      
5.401%, 12/15/2044 (P)   4,325,000 4,843,654

 

22

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Active Bond Trust (continued)    
    Shares or  
    Principal  
    Amount Value
 
COLLATERALIZED MORTGAGE      
OBLIGATIONS (continued)      
Commercial & Residential (continued)      
JPMorgan Chase Commercial Mortgage      
Securities Corp. (continued)      
Series 2007-LDPX, Class A3,      
5.420%, 01/15/2049 $ 4,383,197 $ 5,043,600
Series 2006-LDP8, Class AM,      
5.440%, 05/15/2045   1,700,000 1,888,618
Series 2007-CB18, Class A4,      
5.440%, 06/12/2047   2,490,000 2,868,201
Series 2006-LDP8, Class A3B,      
5.447%, 05/15/2045   4,530,000 4,543,753
Series 2005-LDP5, Class G,      
5.514%, 12/15/2044 (P)(S)   500,000 301,285
Series 2006-LDP7, Class AM,      
6.061%, 04/15/2045 (P)   1,685,000 1,896,299
LB-UBS Commercial Mortgage Trust      
Series 2005-C1, Class XCL IO,      
0.969%, 02/15/2040 (S)   29,659,161 520,934
Series 2005-C2, Class AJ,      
5.205%, 04/15/2030 (P)   1,000,000 1,027,476
Series 2006-C6, Class AM,      
5.413%, 09/15/2039   2,280,000 2,546,322
Series 2007-C2, Class A3,      
5.430%, 02/15/2040   2,410,000 2,757,247
Series 2007-C1, Class AM,      
5.455%, 02/15/2040   1,785,000 1,918,805
Series 2006-C4, Class A4,      
6.064%, 06/15/2038 (P)   1,502,000 1,735,729
MASTR Adjustable Rate Mortgages Trust      
Series 2004-13, Class 2A1,      
2.634%, 04/21/2034 (P)   1,051,423 1,058,018
Series 2004-8, Class 5A1,      
2.766%, 08/25/2034 (P)   2,242,029 2,236,356
Merrill Lynch Mortgage Investors Trust      
Series 2005-A, Class A1,      
0.677%, 03/25/2030 (P)   100,014 98,059
Series 2006-3, Class 2A1,      
2.671%, 10/25/2036 (P)   1,932,113 1,931,118
Series 2007-3, Class M1,      
3.433%, 09/25/2037 (P)   872,879 466,315
Series 2007-3, Class M2,      
3.433%, 09/25/2037 (P)   337,229 50,617
Series 2007-3, Class M3,      
3.433%, 09/25/2037 (P)   203,930 7,178
Merrill Lynch Mortgage Trust      
Series 2005-CIP1, Class XC IO,      
0.181%, 07/12/2038 (S)   205,816,646 1,122,524
Series 2005-CIP1, Class XP IO,      
0.356%, 07/12/2038   103,980,783 255,273
Series 2006-C2, Class X IO,      
0.543%, 08/12/2043 (S)   92,611,430 1,046,602
Series 2008-C1, Class X IO,      
0.645%, 02/12/2051 (S)   47,149,961 644,304
Series 2004-KEY2, Class A4,      
4.864%, 08/12/2039 (P)   1,588,012 1,696,667
Merrill Lynch/Countrywide      
Commercial Mortgage Trust      
Series 2007-5, Class AM,      
5.419%, 08/12/2048   900,000 890,083
Series 2006-2, Class A4,      
6.091%, 06/12/2046 (P)   2,235,000 2,588,094
Morgan Stanley Bank of America Merrill      
Lynch Trust, Series 2012-C5, Class XA      
IO 2.100%, 08/15/2045 (S)   15,471,400 1,762,548

 

Active Bond Trust (continued)    
    Shares or  
    Principal  
    Amount Value
 
COLLATERALIZED MORTGAGE      
OBLIGATIONS (continued)      
Commercial & Residential (continued)      
Morgan Stanley Capital I      
Series 2005-T17, Class X1 IO,      
0.257%, 12/13/2041 (S) $ 58,791,911 $ 650,591
Series 2005-IQ9, Class X1 IO,      
1.208%, 07/15/2056 (S)   29,629,402 763,757
Series 2011-C3, Class XA IO,      
1.537%, 07/15/2049 (S)   22,010,098 1,322,169
Series 2012-C4, Class AS,      
3.773%, 03/15/2045   2,371,500 2,488,863
Series 2006-HQ10, Class AM,      
5.360%, 11/12/2041   1,645,000 1,801,810
Series 2007-IQ13, Class A4,      
5.364%, 03/15/2044   2,380,000 2,714,716
Series 2006-HQ8, Class AM,      
5.647%, 03/12/2044 (P)   2,415,000 2,645,874
Series 2006-T23, Class A4,      
5.987%, 08/12/2041 (P)   1,469,000 1,720,311
Multi Security Asset Trust,      
Series 2005-RR4A, Class F      
5.880%, 11/28/2035 (P)(S)   580,000 424,850
Residential Accredit Loans, Inc.      
Series 2005-QO4, Class XIO IO,      
2.307%, 12/25/2045   16,172,583 873,319
Series 2004-QS16, Class 1A1,      
5.500%, 12/25/2034   297,595 294,585
Sequoia Mortgage Trust, Series 2005-3,      
Class A1 0.419%, 05/20/2035 (P)   211,004 183,712
Springleaf Mortgage Loan Trust,      
Series 2012-2A, Class A      
2.220%, 10/25/2057 (P)(S)   1,185,472 1,189,620
Structured Asset Securities Corp.      
Series 2003-6A, Class B1,      
2.931%, 03/25/2033 (P)   673,779 359,841
Series 1998-RF2, Class A,      
7.524%, 07/15/2027 (P)(S)   191,896 195,464
Thornburg Mortgage Securities Trust,      
Series 2004-1, Class II2A      
1.908%, 03/25/2044 (P)   1,630,096 1,600,364
Timberstar Trust, Series 2006-1A, Class A      
5.668%, 10/15/2036 (S)   2,300,000 2,605,293
UBS Commercial Mortgage Trust      
Series 2012-C1, Class B,      
4.822%, 05/10/2045   820,000 885,877
Series 2012-C1, Class C,      
5.720%, 05/10/2045 (P)(S)   685,000 745,002
UBS-Barclays Commercial      
Mortgage Trust, Series 2012-C2,      
Class XA IO 1.989%, 05/10/2063 (S)   21,174,591 2,269,789
Wachovia Bank      
Commercial Mortgage Trust      
Series 2005-C17, Class XC IO,      
0.447%, 03/15/2042 (S)   36,900,931 236,646
Series 2005-C19, Class AJ,      
4.793%, 05/15/2044   1,862,483 2,003,527
Series 2005-C16, Class D,      
5.044%, 10/15/2041 (P)   1,000,000 1,012,986
Series 2005-C16, Class E,      
5.153%, 10/15/2041 (P)(S)   2,500,000 2,386,923
Series 2007-C31, Class AM,      
5.591%, 04/15/2047 (P)   1,930,000 1,943,033
WaMu Commercial Mortgage      
Securities Trust, Series 2007-SL3,      
Class A 6.110%, 03/23/2045 (P)(S)   1,182,487 1,199,410

 

23

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Active Bond Trust (continued)    
    Shares or  
    Principal  
    Amount Value
 
COLLATERALIZED MORTGAGE      
OBLIGATIONS (continued)      
Commercial & Residential (continued)      
WaMu Mortgage Pass      
Through Certificates      
Series 2005-AR13, Class X IO,      
1.417%, 10/25/2045 $ 40,919,838 $ 2,143,958
Series 2005-AR8, Class X IO,      
1.547%, 07/25/2045   17,499,328 904,990
Series 2005-AR6, Class X IO,      
1.560%, 04/25/2045   18,406,620 1,085,845
Washington Mutual Alternative Mortgage      
Pass Through Certificates,      
Series 2005-1, Class 6A1      
6.500%, 03/25/2035   603,034 557,586
Wells Fargo Mortgage Backed      
Securities Trust, Series 2005-AR5,      
Class 1A1 2.615%, 04/25/2035 (P)   1,111,565 1,083,851
WFRBS Commercial Mortgage Trust,      
Series 2011-C3, Class XA IO,      
1.885%, 03/15/2044 (S)   26,257,477 2,161,437
 
      179,065,318
U.S. Government Agency - 6.1%      
Federal Home Loan Mortgage Corp.      
Series K011, Class X1 IO,      
0.527%, 11/25/2020   57,830,056 1,311,181
Series KAIV, Class X1 IO,      
1.399%, 06/25/2021   26,944,339 2,309,130
Series K014, Class X1 IO,      
1.447%, 04/25/2021   5,638,697 476,605
Series K017, Class X1 IO,      
1.606%, 12/25/2021   6,786,485 678,330
Series K018, Class X1 IO,      
1.613%, 01/25/2022   9,250,156 931,842
Series K708, Class X1 IO,      
1.645%, 01/25/2019   12,255,524 988,420
Series K709, Class X1 IO,      
1.678%, 03/25/2019   8,313,881 689,961
Series K707, Class X1 IO,      
1.696%, 12/25/2018   11,707,367 949,807
Series K705, Class X1 IO,      
1.904%, 09/25/2018   15,959,536 1,416,425
Series K710, Class X1 IO,      
1.915%, 05/25/2019   5,996,594 586,257
Series 4037, Class PI IO,      
3.000%, 04/15/2027   6,965,107 776,406
Series 4042, Class PI IO,      
3.000%, 05/15/2027   16,477,156 1,733,698
Series 3632, Class AP,      
3.000%, 02/15/2040   4,904,247 5,196,113
Series 3956, Class DJ,      
3.250%, 10/15/2036   2,886,690 2,968,265
Series 3630, Class BI IO,      
4.000%, 05/15/2027   831,090 33,316
Series 3908, Class PA,      
4.000%, 06/15/2039   1,759,107 1,895,560
Series 3943, Class DI IO,      
4.000%, 11/15/2039   5,779,377 835,877
Series 3623, Class LI IO,      
4.500%, 01/15/2025   1,512,760 120,922
Series 3830, Class NI IO,      
4.500%, 01/15/2036   6,771,832 679,200
Series 3794, Class PI IO,      
4.500%, 02/15/2038   2,374,319 216,890
Series 4030, Class BI IO,      
5.000%, 01/15/2042   4,500,709 845,089

 

Active Bond Trust (continued)    
    Shares or  
    Principal  
    Amount Value
 
COLLATERALIZED MORTGAGE      
OBLIGATIONS (continued)      
U.S. Government Agency (continued)      
Federal Home Loan Mortgage Corp. (continued)    
Series 4077, Class IK IO,      
5.000%, 07/15/2042 $ 2,556,204 $ 737,155
Series 3581, Class IO IO,      
6.000%, 10/15/2039   1,639,367 248,381
Series T-41, Class 3A,      
6.924%, 07/25/2032 (P)   125,481 144,987
Federal National Mortgage Association      
Series 2012-M5, Class X IO,      
0.754%, 02/25/2022   13,567,888 620,405
Series 2012-21, Class PA,      
2.000%, 03/25/2041   9,728,797 9,847,080
Series 2012-19, Class JA,      
3.500%, 03/25/2041   4,834,523 5,223,054
Series 2011-146, Class MA,      
3.500%, 08/25/2041   3,063,055 3,296,123
Series 2012-98, Class JP,      
3.500%, 03/25/2042   2,926,755 3,182,846
Series 2010-14, Class AI IO,      
4.000%, 08/25/2027   2,467,116 102,898
Series 2010-36, Class BI IO,      
4.000%, 03/25/2028   2,462,837 117,419
Series 2010-15, Class KA,      
4.000%, 03/25/2039   2,591,883 2,767,058
Series 402, Class 4 IO,      
4.000%, 10/25/2039   4,688,919 595,451
Series 402, Class 3 IO,      
4.000%, 11/25/2039   2,697,592 366,000
Series 2011-86, Class NA,      
4.000%, 01/25/2041   6,696,864 7,238,205
Series 2011-41, Class KA,      
4.000%, 01/25/2041   3,674,681 3,967,317
Series 2009-109, Class IW IO,      
4.500%, 04/25/2038   2,373,435 194,678
Series 398, Class C3 IO,      
4.500%, 05/25/2039   2,672,401 386,341
Series 401, Class C2 IO,      
4.500%, 06/25/2039   1,845,259 258,036
Series 402, Class 7 IO,      
4.500%, 11/25/2039   4,009,656 569,483
Series 2009-47, Class EI IO,      
5.000%, 08/25/2019   2,110,340 203,555
Series 407, Class 21 IO,      
5.000%, 01/25/2039   2,301,973 240,312
Series 2009-50, Class GI IO,      
5.000%, 05/25/2039   4,124,133 518,278
Series 2009-78, Class IB IO,      
5.000%, 06/25/2039   5,525,172 720,000
Series 407, Class 15 IO,      
5.000%, 01/25/2040   3,046,612 436,615
Series 407, Class 16 IO,      
5.000%, 01/25/2040   656,315 81,788
Series 407, Class 17 IO,      
5.000%, 01/25/2040   608,324 86,496
Series 407, Class 7 IO,      
5.000%, 03/25/2041   2,292,698 421,013
Series 407, Class 8 IO,      
5.000%, 03/25/2041   1,109,335 182,711
Series 407, Class C6 IO,      
5.500%, 01/25/2040   9,401,504 1,640,133
Series 2010-135, Class TS IO,      
5.804%, 12/25/2040   7,937,450 1,392,635
Series 2001-50, Class BA,      
7.000%, 10/25/2041   31,271 33,373

 

24

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Active Bond Trust (continued)    
    Shares or  
    Principal  
    Amount Value
 
COLLATERALIZED MORTGAGE      
OBLIGATIONS (continued)      
U.S. Government Agency (continued)      
Federal National Mortgage      
Association (continued)      
Series 2002-W3, Class A5,      
7.500%, 11/25/2041 $ 190,832 $ 227,796
Government National      
Mortgage Association      
Series 2012-70, Class IO IO,      
0.962%, 08/16/2052   13,037,655 903,783
Series 2012-114, Class IO,      
1.024%, 01/16/2053   16,240,000 1,566,906
Series 2010-78, Class AI IO,      
4.500%, 04/20/2039   3,735,625 237,040
Series 2010-147, Class SA IO,      
5.952%, 05/20/2040   8,403,533 1,519,480
Series 2010-85, Class SB IO,      
6.379%, 03/16/2040   7,326,699 1,491,148
 
      77,405,273
TOTAL COLLATERALIZED MORTGAGE      
OBLIGATIONS (Cost $251,769,460)   $ 256,470,591
 
ASSET BACKED SECURITIES - 3.3%      
Aegis Asset Backed Securities Trust      
Series 2004-3, Class A1,      
0.577%, 09/25/2034 (P)   1,025,585 965,741
Series 2005-4, Class M1,      
0.667%, 10/25/2035 (P)   1,585,000 1,146,627
Ameriquest Mortgage Securities, Inc.,      
Series 2005-R1, Class M1      
0.667%, 03/25/2035 (P)   865,000 850,001
Amresco Residential Securities Mortgage      
Loan Trust, Series 1998-1, Class A6      
6.510%, 08/25/2027   6,799 6,845
Argent Securities, Inc., Series 2004-W1,      
Class M3 1.667%, 03/25/2034 (P)   317,867 156,022
Asset Backed Funding Certificates      
Series 2005-HE1, Class M1,      
0.637%, 03/25/2035 (P)   1,087,572 879,651
Series 2005-AQ1, Class A4,      
5.010%, 06/25/2035   781,544 792,270
Asset Backed Securities Corp. Home      
Equity, Series 2006-HE1, Class A3      
0.417%, 01/25/2036 (P)   1,539,842 1,319,090
Bayview Financial Acquisition Trust,      
Series 2006-A, Class 2A3      
0.566%, 02/28/2041 (P)   646,490 607,933
Bravo Mortgage Asset Trust,      
Series 2006-1A, Class A2      
0.457%, 07/25/2036 (P)(S)   1,961,939 1,718,580
Capital Trust Re CDO, Ltd.,      
Series 2005-1A, Class E      
2.320%, 03/20/2050 (H)(P)(S)   834,000 8
Carrington Mortgage Loan Trust      
Series 2006-NC4, Class A5,      
0.277%, 10/25/2036 (P)   447,918 314,798
Series 2005-OPT2, Class M2,      
0.667%, 05/25/2035 (P)   777,130 740,592
Centex Home Equity      
Series 2005-A, Class M4,      
1.017%, 01/25/2035 (P)   251,211 82,852
Series 2004-D, Class AF4,      
4.680%, 06/25/2032   702,108 714,338

 

Active Bond Trust (continued)    
    Shares or  
    Principal  
    Amount Value
 
ASSET BACKED SECURITIES (continued)    
Citicorp Residential Mortgage      
Securities, Inc., Series 2007-2, Class A6      
6.265%, 06/25/2037 $ 879,328 $ 872,299
Citigroup Mortgage Loan Trust,      
Series 2006-WFH3, Class A3      
0.367%, 10/25/2036 (P)   909,220 891,838
Contimortgage Home Equity Loan Trust,      
Series 1995-2, Class A5      
8.100%, 08/15/2025   12,589 12,488
Countrywide Asset-Backed Certificates      
Series 2006-3, Class 2A2,      
0.397%, 06/25/2036 (P)   602,542 578,585
Series 2004-10, Class AF5B,      
5.110%, 02/25/2035   1,336,754 1,330,379
Credit-Based Asset Servicing      
and Securitization LLC      
Series 2005-CB2, Class M1,      
0.657%, 04/25/2036 (P)   1,978,959 1,851,176
Series 2006-MH1, Class B1,      
6.250%, 10/25/2036 (S)   2,560,000 1,260,905
Dominos Pizza Master Issuer LLC,      
Series 2012-1A, Class A2      
5.216%, 01/25/2042 (S)   4,957,538 5,528,621
Encore Credit Receivables Trust,      
Series 2005-2, Class M2      
0.677%, 11/25/2035 (P)   1,400,000 1,190,550
Equity One ABS, Inc.      
Series 2004-1, Class M2,      
5.115%, 04/25/2034   255,216 123,504
Series 2004-1, Class M3,      
5.260%, 04/25/2034   303,746 108,833
Fremont Home Loan Trust, Series 2005-1,      
Class M3 0.982%, 06/25/2035 (P)   840,000 774,285
Home Equity Asset Trust      
Series 2005-5, Class M1,      
0.697%, 11/25/2035 (P)   1,150,000 1,100,819
Series 2003-1, Class M1,      
1.717%, 06/25/2033 (P)   845,759 718,203
JER CRE CDO, Series 2006-2A,      
Class FFL      
1.717%, 03/25/2045 (H)(P)(S)   2,000,000 20
Leaf II Receivables Funding LLC,      
Series 2011-1, Class A      
1.700%, 12/20/2018 (S)   362,878 359,286
LNR CDO, Ltd., Series 2006-1A,      
Class BFL      
0.766%, 05/28/2043 (H)(P)(S)   3,300,000 33
Long Beach Mortgage Loan Trust,      
Series 2004-1, Class M3      
1.267%, 02/25/2034 (P)   173,663 137,417
Mastr Asset Backed Securities Trust,      
Series 2007-HE2, Class A2      
0.917%, 08/25/2037 (P)   1,110,136 1,041,619
Merrill Lynch Mortgage Investors, Inc.,      
Series 2005-WMC1, Class M1      
0.967%, 09/25/2035 (P)   659,539 580,563
New Century Home Equity Loan Trust      
Series 2005-1, Class M1,      
0.667%, 03/25/2035 (P)   980,000 812,067
Series 2005-3, Class M1,      
0.697%, 07/25/2035 (P)   775,000 759,429
Novastar Home Equity Loan,      
Series 2004-4, Class M3      
1.297%, 03/25/2035 (P)   1,820,000 1,750,907

 

25

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Active Bond Trust (continued)    
    Shares or  
    Principal  
    Amount Value
 
ASSET BACKED SECURITIES (continued)    
Option One Mortgage Loan Trust,      
Series 2004-1, Class M1      
1.117%, 01/25/2034 (P) $ 615,043 $ 535,348
Park Place Securities, Inc.      
Series 2005-WCH1, Class M2,      
0.737%, 01/25/2036 (P)   1,457,644 1,428,045
Series 2004-WHQ2, Class M2,      
0.847%, 02/25/2035 (P)   1,655,000 1,601,323
People’s Choice Home Loan      
Securities Trust, Series 2005-1,      
Class M3 0.797%, 01/25/2035 (P)   1,205,000 1,177,568
RAMP Trust      
Series 2005-RS3, Class M1,      
0.637%, 03/25/2035 (P)   755,000 671,280
Series 2004-RZ3, Class AI-4,      
4.572%, 05/25/2033 (P)   147,406 134,847
Series 2004-RS9, Class AI-4,      
4.767%, 10/25/2032 (P)   166,284 151,319
Renaissance Home Equity Loan Trust      
Series 2005-2, Class AF3,      
4.499%, 08/25/2035   189,947 183,379
Series 2005-2, Class AF4,      
4.934%, 08/25/2035   310,000 269,711
Sonic Capital LLC, Series 2011-1A,      
Class A2 5.438%, 05/20/2041 (S)   1,536,000 1,711,986
Soundview Home Equity Loan Trust,      
Series 2006-OPT2, Class A3      
0.397%, 05/25/2036 (P)   744,237 625,485
Trapeza CDO I LLC, Series 2007-12A,      
Class B 1.020%, 04/06/2042 (P)(S)   3,086,653 179,736
Westgate Resorts LLC, Series 2012-2A,      
Class A 3.000%, 01/20/2025 (S)   1,725,000 1,727,156
TOTAL ASSET BACKED SECURITIES (Cost $51,540,224) $ 42,476,357
 
COMMON STOCKS - 0.0%      
Consumer Discretionary - 0.0%      
Greektown Superholdings, Inc. (I)   821 42,216
Financials - 0.0%      
BTA Bank JSC, GDR (I)(S)   1,781 1,551
TOTAL COMMON STOCKS (Cost $135,472) $ 43,767
 
PREFERRED SECURITIES - 0.7%      
Consumer Discretionary - 0.1%      
Greektown      
Superholdings, Inc., Series A (I)   16,024 $ 1,151,645
Consumer Staples - 0.1%      
Ocean Spray Cranberries, Inc.,      
Series A, 6.250% (S)   22,216 2,022,351
Financials - 0.4%      
Ally Financial, Inc., 7.300%   30,550 746,337
Bank of America Corp., Series 8, 8.625%   25,000 648,750
Citigroup Capital XIII (7.875% to      
10/30/2015, then      
3 month LIBOR + 6.370%)   10,400 289,640
GMAC Capital Trust I (8.125% to      
02/15/2016, then      
3 month LIBOR + 5.785%)   42,340 1,063,157
PNC Financial Services      
Group, Inc., 6.125%   48,875 1,342,596
U.S. Bancorp (6.000% to 04/15/2017, then      
3 month LIBOR + 4.861%)   39,225 1,100,261
 
      5,190,741

 

Active Bond Trust (continued)      
  Shares or    
  Principal    
  Amount   Value
 
 
PREFERRED SECURITIES (continued)      
Industrials - 0.1%      
United Technologies Corp., 7.500% 14,936 $ 837,910
TOTAL PREFERRED SECURITIES (Cost $9,141,898) $ 9,202,647
 
SHORT-TERM INVESTMENTS - 6.7%      
Money Market Funds - 6.7%      
State Street Institutional U.S. Government      
Money Market Fund, 0.0469% (Y) 84,444,961   84,444,961
TOTAL SHORT-TERM INVESTMENTS (Cost $84,444,961) $ 84,444,961
Total Investments (Active Bond Trust)      
(Cost $1,249,647,485) - 103.0%   $ 1,309,048,999
Other assets and liabilities, net - (3.0%)     (38,489,469)
 
TOTAL NET ASSETS - 100.0%   $ 1,270,559,530
 
 
 
All Cap Core Trust      
  Shares or    
  Principal    
  Amount   Value
 
 
COMMON STOCKS - 99.1%      
Consumer Discretionary - 9.2%      
Hotels, Restaurants & Leisure - 1.3%      
Boyd Gaming Corp. (I)(L) 34,400 $ 242,864
Brinker International, Inc. (L) 50,100   1,768,530
Marriott International, Inc. 54,600   2,134,860
Six Flags Entertainment Corp. 8,000   470,400
 
      4,616,654
Household Durables - 0.6%      
Hovnanian Enterprises, Inc., Class A (I)(L) 327,200   1,132,112
Jarden Corp. 3,000   158,520
M/I Homes, Inc. (I) 21,600   417,744
NACCO Industries, Inc., Class A 2,200   275,902
Whirlpool Corp. 4,200   348,222
 
      2,332,500
Internet & Catalog Retail - 0.1%      
Expedia, Inc. (L) 3,500   202,440
Leisure Equipment & Products - 0.0%      
LeapFrog Enterprises, Inc. (I) 9,100   82,082
Media - 2.5%      
Comcast Corp., Class A 50,200   1,795,654
Gannett Company, Inc. 21,000   372,750
Lions Gate Entertainment Corp. (I)(L) 52,700   804,729
MDC Partners, Inc., Class A 12,500   154,250
Regal Entertainment Group, Class A (L) 21,000   295,470
Sinclair Broadcast Group, Inc., Class A 15,600   174,876
The EW Scripps Company, Class A (I) 24,200   257,730
The Madison Square Garden, Inc., Class A (I) 4,400   177,188
The McGraw-Hill Companies, Inc. 31,300   1,708,667
The Walt Disney Company 22,900   1,197,212
Time Warner Cable, Inc. 23,500   2,233,910
 
      9,172,436
Multiline Retail - 0.6%      
Dillard’s, Inc., Class A (L) 15,600   1,128,192
Macy’s, Inc. 18,100   680,922
The Bon-Ton Stores, Inc. 7,400   70,300
Tuesday Morning Corp. (I) 39,000   255,450
 
      2,134,864

 

26

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

All Cap Core Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Specialty Retail - 4.1%    
Aaron’s, Inc. 64,400 $ 1,790,964
American Eagle Outfitters, Inc. 25,100 529,108
Brown Shoe Company, Inc. (L) 110,100 1,764,903
Cabela’s, Inc. (I) 3,000 164,040
Collective Brands, Inc. (I) 18,400 399,464
Foot Locker, Inc. 36,100 1,281,550
Penske Automotive Group, Inc. 11,700 352,053
Ross Stores, Inc. 10,600 684,760
The Gap, Inc. 133,800 4,787,364
The Home Depot, Inc. 32,600 1,968,062
TJX Companies, Inc. 32,400 1,451,196
 
    15,173,464
    33,714,440
Consumer Staples - 9.6%    
Food & Staples Retailing - 3.1%    
CVS Caremark Corp. 60,400 2,924,568
Susser Holdings Corp. (I)(L) 25,600 925,952
The Kroger Company 75,200 1,770,208
The Pantry, Inc. (I) 15,900 231,345
Wal-Mart Stores, Inc. 16,300 1,202,940
Whole Foods Market, Inc. 42,900 4,178,460
 
    11,233,473
Food Products - 1.7%    
Bunge, Ltd. 5,800 388,890
Cal-Maine Foods, Inc. (L) 5,800 260,652
ConAgra Foods, Inc. 13,400 369,706
Dean Foods Company (I) 240,300 3,928,905
John B. Sanfilippo & Son, Inc. (I) 7,400 96,348
The Hershey Company 15,500 1,098,795
 
    6,143,296
Household Products - 1.1%    
Central Garden & Pet Company, Class A (I) 22,900 276,632
Colgate-Palmolive Company 12,100 1,297,362
Harbinger Group, Inc. (I) 28,000 236,040
Kimberly-Clark Corp. 21,100 1,809,958
Spectrum Brands Holdings, Inc. 5,100 204,051
The Clorox Company 5,000 360,250
 
    4,184,293
Personal Products - 0.4%    
Medifast, Inc. (I) 11,300 295,495
Prestige Brands Holdings, Inc. (I)(L) 9,600 162,816
USANA Health Sciences, Inc. (I)(L) 20,900 971,223
 
    1,429,534
Tobacco - 3.3%    
Altria Group, Inc. 111,200 3,712,968
Lorillard, Inc. 16,800 1,956,360
Philip Morris International, Inc. 55,700 5,009,658
Universal Corp. (L) 27,200 1,385,024
 
    12,064,010
    35,054,606
Energy - 10.6%    
Energy Equipment & Services - 0.3%    
Exterran Holdings, Inc. (I) 39,300 797,004
Helix Energy Solutions Group, Inc. (I) 22,400 409,248
 
    1,206,252
Oil, Gas & Consumable Fuels - 10.3%    
Alon USA Energy, Inc. 32,000 438,400
Chevron Corp. 31,100 3,625,016
Delek US Holdings, Inc. 136,500 3,479,385

 

All Cap Core Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Oil, Gas & Consumable Fuels (continued)    
EPL Oil & Gas, Inc. (I) 7,700 $ 156,233
Exxon Mobil Corp. 58,000 5,304,100
HollyFrontier Corp. 60,300 2,488,581
Marathon Petroleum Corp. 93,600 5,109,624
Murphy Oil Corp. 26,600 1,428,154
Phillips 66 (I) 37,600 1,743,512
Tesoro Corp. 115,500 4,839,450
Vaalco Energy, Inc. (I)(L) 95,700 818,235
Valero Energy Corp. 121,600 3,852,288
Western Refining, Inc. (L) 170,400 4,461,072
 
    37,744,050
 
    38,950,302
Financials - 18.1%    
Capital Markets - 0.4%    
KCAP Financial, Inc. 27,400 253,724
Prospect Capital Corp. 44,600 513,792
Walter Investment Management Corp. (I) 21,200 784,612
 
    1,552,128
Commercial Banks - 4.2%    
Banner Corp. 4,600 124,660
Citizens Republic Bancorp, Inc. (I) 32,700 632,745
Fifth Third Bancorp 45,000 697,950
First Merchants Corp. 10,200 153,102
KeyCorp 110,600 966,644
Pinnacle Financial Partners, Inc. (I)(L) 17,200 332,304
PrivateBancorp, Inc. 32,000 511,680
Regions Financial Corp. 639,200 4,608,632
SunTrust Banks, Inc. 135,100 3,819,277
Susquehanna Bancshares, Inc. 149,400 1,562,724
Taylor Capital Group, Inc. (I) 4,900 83,888
Wells Fargo & Company 13,000 448,890
Wilshire Bancorp, Inc. (I) 58,600 369,180
Zions Bancorporation 61,100 1,262,021
 
    15,573,697
Consumer Finance - 2.7%    
American Express Company 29,400 1,671,684
Capital One Financial Corp. 49,800 2,839,098
Discover Financial Services 106,500 4,231,245
SLM Corp. 70,000 1,100,400
 
    9,842,427
Diversified Financial Services - 1.7%    
Bank of America Corp. 80,400 709,932
Citigroup, Inc. 69,200 2,264,224
JPMorgan Chase & Company 33,400 1,352,032
Moody’s Corp. 18,700 825,979
PHH Corp. (I)(L) 46,600 948,310
 
    6,100,477
Insurance - 4.7%    
ACE, Ltd. 10,900 824,040
American International Group, Inc. (I) 30,000 983,700
Arch Capital Group, Ltd. (I) 13,800 575,184
Berkshire Hathaway, Inc., Class B (I) 12,100 1,067,220
Everest Re Group, Ltd. 6,100 652,456
Fidelity National Financial, Inc., Class A 21,300 455,607
First American Financial Corp. 38,500 834,295
Markel Corp. (I) 500 229,245
MBIA, Inc. (I) 81,500 825,595
Montpelier Re Holdings, Ltd. 12,400 274,412
Prudential Financial, Inc. 9,700 528,747
Stewart Information Services Corp. (L) 34,700 698,858
The Allstate Corp. 106,900 4,234,309

 

27

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

All Cap Core Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Insurance (continued)    
The Travelers Companies, Inc. 28,400 $ 1,938,584
Validus Holdings, Ltd. 17,400 590,034
White Mountains Insurance Group, Ltd. 400 205,336
XL Group PLC 92,400 2,220,372
 
    17,137,994
Real Estate Investment Trusts - 4.4%    
Ashford Hospitality Trust, Inc. 11,000 92,400
Brandywine Realty Trust 52,700 642,413
CapLease, Inc. 25,600 132,352
CBL & Associates Properties, Inc. 151,100 3,224,474
Cedar Realty Trust, Inc. 22,400 118,272
Cousins Properties, Inc. 17,200 136,568
FelCor Lodging Trust, Inc. (I) 31,400 148,836
First Industrial Realty Trust, Inc. (I) 14,700 193,158
General Growth Properties, Inc. 137,600 2,680,448
Hospitality Properties Trust 22,000 523,160
Investors Real Estate Trust 20,700 171,189
iStar Financial, Inc. (I)(L) 41,700 345,276
NorthStar Realty Finance Corp. (L) 100,100 636,636
Parkway Properties, Inc. 8,700 116,319
Pennsylvania Real Estate Investment Trust 42,600 675,636
Simon Property Group, Inc. 4,200 637,602
Sunstone Hotel Investors, Inc. (I) 111,300 1,224,300
Taubman Centers, Inc. 6,300 483,399
Weyerhaeuser Company 147,100 3,845,194
 
    16,027,632
    66,234,355
Health Care - 13.8%    
Biotechnology - 3.2%    
Alexion Pharmaceuticals, Inc. (I) 3,000 343,200
Alnylam Pharmaceuticals, Inc. (I) 15,100 283,729
Amgen, Inc. 56,900 4,797,808
Biogen Idec, Inc. (I) 5,600 835,688
Onyx Pharmaceuticals, Inc. (I) 9,900 836,550
PDL BioPharma, Inc. (L) 92,300 709,787
Regeneron Pharmaceuticals, Inc. (I) 25,700 3,923,362
 
    11,730,124
Health Care Equipment & Supplies - 0.2%    
Cynosure, Inc., Class A (I) 6,200 163,556
STERIS Corp. 8,800 312,136
SurModics, Inc. (I) 6,800 137,496
 
    613,188
Health Care Providers & Services - 4.9%    
Aetna, Inc. 57,800 2,288,880
Amedisys, Inc. (I)(L) 6,500 89,765
AMN Healthcare Services, Inc. (I) 5,700 57,342
Amsurg Corp. (I) 14,700 417,186
Community Health Systems, Inc. (I) 40,300 1,174,342
Five Star Quality Care, Inc. (I) 11,000 56,210
Gentiva Health Services, Inc. (I)(L) 48,400 547,888
HCA Holdings, Inc. 23,800 791,350
PharMerica Corp. (I) 10,600 134,196
Sun Healthcare Group, Inc. (I) 81,700 691,591
Sunrise Senior Living, Inc. (I) 18,000 256,860
UnitedHealth Group, Inc. 98,200 5,441,262
WellCare Health Plans, Inc. (I) 28,500 1,611,675
WellPoint, Inc. 74,000 4,292,740
 
    17,851,287
Health Care Technology - 0.0%    
Medidata Solutions, Inc. (I) 2,500 103,750

 

All Cap Core Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Life Sciences Tools & Services - 0.2%    
Cambrex Corp. (I) 49,800 $ 584,154
Pharmaceuticals - 5.3%    
Abbott Laboratories 102,700 7,041,112
Eli Lilly & Company 120,200 5,698,682
Johnson & Johnson 4,800 330,768
Merck & Company, Inc. 54,000 2,435,400
Pfizer, Inc. 94,900 2,358,265
Pozen, Inc. (I)(L) 45,600 302,328
Santarus, Inc. (I) 28,100 249,528
Warner Chilcott PLC, Class A 8,400 113,400
Watson Pharmaceuticals, Inc. (I) 11,500 979,340
 
    19,508,823
 
    50,391,326
Industrials - 7.9%    
Aerospace & Defense - 3.0%    
GenCorp, Inc. (I)(L) 34,500 327,405
Honeywell International, Inc. 18,500 1,105,375
Huntington Ingalls Industries, Inc. (I) 47,600 2,001,580
Northrop Grumman Corp. 62,500 4,151,875
Raytheon Company 12,900 737,364
Sypris Solutions, Inc. 6,400 45,696
Taser International, Inc. (I) 33,100 199,593
Textron, Inc. 93,600 2,449,512
 
    11,018,400
Airlines - 0.8%    
Alaska Air Group, Inc. (I) 3,700 129,722
Hawaiian Holdings, Inc. (I) 171,500 958,685
Republic Airways Holdings, Inc. (I)(L) 50,400 233,352
US Airways Group, Inc. (I)(L) 158,300 1,655,818
 
    2,977,577
Building Products - 0.1%    
Apogee Enterprises, Inc. 2,600 51,012
NCI Building Systems, Inc. (I) 6,700 67,201
Nortek, Inc. (I) 800 43,784
Universal Forest Products, Inc. 3,900 162,006
 
    324,003
Commercial Services & Supplies - 0.2%    
Kimball International, Inc., Class B 28,400 347,048
Quad/Graphics, Inc. (L) 21,500 364,640
 
    711,688
Construction & Engineering - 0.5%    
URS Corp. 54,600 1,927,926
Industrial Conglomerates - 0.6%    
General Electric Company 94,200 2,139,282
Machinery - 1.9%    
American Railcar Industries, Inc. (I) 4,300 121,862
FreightCar America, Inc. 10,700 190,353
ITT Corp. (L) 138,400 2,788,760
Mueller Water Products, Inc., Class A 117,600 576,240
Oshkosh Corp. (I) 115,500 3,168,165
 
    6,845,380
Road & Rail - 0.1%    
Arkansas Best Corp. 4,700 37,224
Saia, Inc. (I) 19,600 394,744
 
    431,968
Trading Companies & Distributors - 0.7%    
Aircastle, Ltd. 39,600 448,668
DXP Enterprises, Inc. (I) 5,300 253,181

 

28

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

All Cap Core Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Trading Companies & Distributors (continued)    
H&E Equipment Services, Inc. (L) 24,700 $ 299,364
United Rentals, Inc. (I)(L) 47,900 1,566,809
 
    2,568,022
    28,944,246
Information Technology - 18.3%    
Communications Equipment - 1.5%    
CalAmp Corp. (I) 24,200 198,682
Cisco Systems, Inc. 189,400 3,615,646
Comtech Telecommunications Corp. (L) 47,700 1,318,428
Ixia (I) 15,500 249,085
Loral Space & Communications, Inc. 1,600 113,760
 
    5,495,601
Computers & Peripherals - 4.6%    
Apple, Inc. 20,426 13,629,452
Avid Technology, Inc. (I) 6,200 58,652
Western Digital Corp. 79,700 3,086,781
Xyratex, Ltd. 17,500 161,000
 
    16,935,885
Electronic Equipment, Instruments & Components - 0.5%  
Insight Enterprises, Inc. (I) 8,200 143,336
Power-One, Inc. (I) 146,400 819,840
Vishay Intertechnology, Inc. (I)(L) 80,400 790,332
 
    1,753,508
Internet Software & Services - 3.7%    
Akamai Technologies, Inc. (I) 100,200 3,833,652
AOL, Inc. (I)(L) 139,700 4,921,631
Blucora, Inc. (I) 8,000 142,480
EarthLink, Inc. 57,800 411,536
Equinix, Inc. (I) 15,800 3,255,590
IAC/InterActiveCorp 21,800 1,134,908
 
    13,699,797
IT Services - 4.8%    
Computer Sciences Corp. 94,200 3,034,182
CoreLogic, Inc. (I) 73,400 1,947,302
CSG Systems International, Inc. (I) 52,700 1,185,223
Fiserv, Inc. (I) 4,400 325,732
Global Cash Access Holdings, Inc. (I) 66,000 531,300
Heartland Payment Systems, Inc. 22,300 706,464
International Business Machines Corp. 22,855 4,741,270
Lender Processing Services, Inc. 73,600 2,052,704
SAIC, Inc. 27,200 327,488
Teradata Corp. (I) 33,600 2,533,776
Visa, Inc., Class A 900 120,852
 
    17,506,293
Semiconductors & Semiconductor Equipment - 1.2%  
Amkor Technology, Inc. (I)(L) 41,200 181,280
Entropic Communications, Inc. (I)(L) 46,300 269,466
KLA-Tencor Corp. 33,500 1,598,118
Kulicke & Soffa Industries, Inc. (I) 125,200 1,302,080
Microchip Technology, Inc. 7,400 242,276
PDF Solutions, Inc. (I) 6,200 84,692
Photronics, Inc. (I)(L) 119,100 639,567
 
    4,317,479
Software - 2.0%    
Kenexa Corp. (I) 4,100 187,903
Microsoft Corp. 187,007 5,569,068
Netscout Systems, Inc. (I) 9,400 239,794

 

All Cap Core Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Software (continued)    
SolarWinds, Inc. (I) 20,700 $ 1,153,818
 
    7,150,583
 
    66,859,146
Materials - 3.2%    
Chemicals - 2.0%    
American Vanguard Corp. 17,300 602,040
CF Industries Holdings, Inc. 6,100 1,355,664
Georgia Gulf Corp. (L) 35,500 1,285,810
OMNOVA Solutions, Inc. (I) 7,100 53,747
PPG Industries, Inc. 21,400 2,457,576
The Sherwin-Williams Company 10,800 1,608,228
 
    7,363,065
Construction Materials - 0.1%    
Headwaters, Inc. (I) 27,000 177,660
Containers & Packaging - 0.2%    
Boise, Inc. 87,100 762,996
Metals & Mining - 0.2%    
Coeur d’Alene Mines Corp. (I) 28,300 815,889
Paper & Forest Products - 0.7%    
Domtar Corp. 16,500 1,291,785
Louisiana-Pacific Corp. (I) 102,000 1,275,000
Wausau Paper Corp. 15,900 147,234
 
    2,714,019
 
    11,833,629
Telecommunication Services - 3.9%    
Diversified Telecommunication Services - 2.6%    
AT&T, Inc. 70,200 2,646,540
Cbeyond, Inc. (I) 13,500 133,110
Verizon Communications, Inc. 150,800 6,871,956
 
    9,651,606
Wireless Telecommunication Services - 1.3%    
Crown Castle International Corp. (I) 7,600 487,160
Sprint Nextel Corp. (I) 367,100 2,026,392
Telephone & Data Systems, Inc. 75,385 1,930,610
USA Mobility, Inc. (L) 12,400 147,188
 
    4,591,350
 
    14,242,956
Utilities - 4.5%    
Electric Utilities - 0.6%    
Edison International 42,300 1,932,687
MGE Energy, Inc. 2,000 105,980
PNM Resources, Inc. 14,200 298,626
 
    2,337,293
Independent Power Producers & Energy Traders - 0.7%  
AES Corp. (I) 24,900 273,153
Calpine Corp. (I) 140,700 2,434,110
 
    2,707,263
Multi-Utilities - 2.6%    
Ameren Corp. 146,100 4,773,087
CH Energy Group, Inc. 1,000 65,210
Consolidated Edison, Inc. 13,900 832,471
DTE Energy Company 48,800 2,925,072
NiSource, Inc. 29,600 754,208
 
    9,350,048

 

29

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

All Cap Core Trust (continued)    
  Shares or  
  Principal  
  Amount Value
 
COMMON STOCKS (continued)    
Water Utilities - 0.6%    
American Water Works Company, Inc. 56,300 $ 2,086,478
    16,481,082
TOTAL COMMON STOCKS (Cost $325,215,792) $ 362,706,088
SECURITIES LENDING COLLATERAL - 5.4%    
John Hancock Collateral    
Investment Trust, 0.3462% (W)(Y) 1,977,641 19,793,419
TOTAL SECURITIES LENDING    
COLLATERAL (Cost $19,793,118) $ 19,793,419
SHORT-TERM INVESTMENTS - 0.8%    
Money Market Funds - 0.8%    
State Street Institutional Liquid Reserves    
Fund, 0.2106% (Y) 3,010,231 3,010,231
TOTAL SHORT-TERM INVESTMENTS (Cost $3,010,231) $ 3,010,231
Total Investments (All Cap Core Trust)    
(Cost $348,019,141) - 105.3% $ 385,509,738
Other assets and liabilities, net - (5.3%)   (19,294,235)
TOTAL NET ASSETS - 100.0% $ 366,215,503
 
 
All Cap Value Trust    
  Shares or  
  Principal  
  Amount Value
 
COMMON STOCKS - 98.7%    
Consumer Discretionary - 11.5%    
Automobiles - 0.9%    
Ford Motor Company 479,765 $ 4,730,483
Hotels, Restaurants & Leisure - 1.2%    
Darden Restaurants, Inc. (L) 113,178 6,309,674
Media - 6.0%    
Comcast Corp., Class A 154,900 5,540,773
Omnicom Group, Inc. 99,589 5,134,809
The Interpublic Group of Companies, Inc. 626,000 6,961,120
The Walt Disney Company 130,651 6,830,434
Time Warner, Inc. 142,900 6,477,657
 
    30,944,793
Multiline Retail - 1.8%    
Macy’s, Inc. 92,500 3,479,850
Target Corp. 94,400 5,991,568
 
    9,471,418
Specialty Retail - 1.6%    
GNC Holdings, Inc., Class A 59,500 2,318,715
The Home Depot, Inc. 101,300 6,115,481
 
    8,434,196
 
    59,890,564
Consumer Staples - 5.9%    
Beverages - 1.6%    
Beam, Inc. 13,632 784,385
Diageo PLC, ADR 19,400 2,186,962
The Coca-Cola Company 132,800 5,037,104
 
    8,008,451
Food & Staples Retailing - 0.5%    
CVS Caremark Corp. 52,495 2,541,808

 

All Cap Value Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Food Products - 3.8%    
Archer-Daniels-Midland Company 124,734 $ 3,390,270
Bunge, Ltd. (L) 96,400 6,463,620
H.J. Heinz Company 68,800 3,849,360
Kraft Foods, Inc. (I) 151,097 6,247,861
 
    19,951,111
 
    30,501,370
Energy - 14.2%    
Energy Equipment & Services - 4.4%    
Cameron International Corp. (I) 49,700 2,786,679
Ensco PLC, Class A 37,031 2,020,411
Gulfmark Offshore, Inc., Class A (I) 48,100 1,589,224
Halliburton Company 271,300 9,140,097
Helmerich & Payne, Inc. 21,009 1,000,238
Nabors Industries, Ltd. (I) 51,100 716,933
Schlumberger, Ltd. 49,900 3,609,267
Superior Energy Services, Inc. (I) 110,710 2,271,769
 
    23,134,618
Oil, Gas & Consumable Fuels - 9.8%    
Anadarko Petroleum Corp. 117,100 8,187,632
Apache Corp. 59,590 5,152,747
Devon Energy Corp. 67,000 4,053,500
EOG Resources, Inc. 23,000 2,577,150
Exxon Mobil Corp. 158,118 14,459,888
Kinder Morgan, Inc. 124,800 4,432,896
Noble Energy, Inc. 43,200 4,005,072
Occidental Petroleum Corp. 63,200 5,438,992
Range Resources Corp. (L) 34,900 2,438,463
 
    50,746,340
 
    73,880,958
Financials - 24.0%    
Capital Markets - 2.9%    
Affiliated Managers Group, Inc. (I) 39,200 4,821,600
Franklin Resources, Inc. 34,400 4,302,408
Raymond James Financial, Inc. 157,500 5,772,375
 
    14,896,383
Commercial Banks - 7.9%    
BB&T Corp. (L) 157,800 5,232,648
City National Corp. (L) 19,936 1,026,903
Cullen/Frost Bankers, Inc. (L) 63,651 3,655,477
Fifth Third Bancorp 325,300 5,045,403
PNC Financial Services Group, Inc. 145,500 9,181,050
Signature Bank (I)(L) 32,400 2,173,392
SunTrust Banks, Inc. 77,300 2,185,271
U.S. Bancorp 209,000 7,168,700
Wells Fargo & Company 149,000 5,144,970
 
    40,813,814
Consumer Finance - 2.1%    
Capital One Financial Corp. 191,200 10,900,312
Diversified Financial Services - 3.1%    
Bank of America Corp. 490,350 4,329,791
Citigroup, Inc. 145,900 4,773,848
JPMorgan Chase & Company 173,424 7,020,204
 
    16,123,843
Insurance - 6.2%    
ACE, Ltd. 68,100 5,148,360
Berkshire Hathaway, Inc., Class B (I) 118,415 10,444,203
Marsh & McLennan Companies, Inc. 105,217 3,570,013
Prudential Financial, Inc. 105,700 5,761,707

 

30

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

All Cap Value Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Insurance (continued)    
The Travelers Companies, Inc. 104,791 $ 7,153,034
 
    32,077,317
Real Estate Investment Trusts - 0.8%    
CBL & Associates Properties, Inc. 50,400 1,075,536
Vornado Realty Trust 41,200 3,339,260
 
    4,414,796
Real Estate Management & Development - 1.0%    
Jones Lang LaSalle, Inc. 68,600 5,237,610
 
    124,464,075
Health Care - 17.0%    
Biotechnology - 3.9%    
Celgene Corp. (I) 111,616 8,527,462
Gilead Sciences, Inc. (I) 22,200 1,472,526
Incyte Corp. (I)(L) 228,100 4,117,205
Onyx Pharmaceuticals, Inc. (I) 75,900 6,413,550
 
    20,530,743
Health Care Providers & Services - 6.1%    
Cigna Corp. 120,812 5,698,702
Community Health Systems, Inc. (I) 219,600 6,399,144
DaVita, Inc. (I) 40,300 4,175,483
Express Scripts Holding Company (I) 149,575 9,373,865
Laboratory Corp. of America Holdings (I)(L) 61,600 5,696,152
McKesson Corp. 6,022 518,073
 
    31,861,419
Life Sciences Tools & Services - 2.4%    
Life Technologies Corp. (I) 58,203 2,844,963
Thermo Fisher Scientific, Inc. 159,487 9,382,620
 
    12,227,583
Pharmaceuticals - 4.6%    
Eli Lilly & Company 170,700 8,092,887
Teva Pharmaceutical Industries, Ltd., ADR 193,730 8,022,359
Watson Pharmaceuticals, Inc. (I) 91,500 7,792,140
 
    23,907,386
 
    88,527,131
Industrials - 7.0%    
Aerospace & Defense - 0.4%    
United Technologies Corp. 29,600 2,317,384
Construction & Engineering - 2.5%    
Jacobs Engineering Group, Inc. (I) 129,733 5,245,105
URS Corp. 216,100 7,630,491
 
    12,875,596
Machinery - 2.6%    
Dover Corp. 43,822 2,606,971
Eaton Corp. (L) 119,678 5,655,982
Kennametal, Inc. 65,782 2,439,197
Nordson Corp. 48,764 2,858,546
 
    13,560,696
Marine - 0.1%    
Kirby Corp. (I) 6,185 341,907
Road & Rail - 1.4%    
CSX Corp. 282,602 5,863,992
Kansas City Southern 20,200 1,530,756
 
    7,394,748
 
    36,490,331

 

All Cap Value Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
COMMON STOCKS (continued)    
Information Technology - 8.7%    
Computers & Peripherals - 1.6%    
EMC Corp. (I) 125,184 $ 3,413,768
NCR Corp. (I) 211,000 4,918,410
 
    8,332,178
Electronic Equipment, Instruments & Components - 2.2%  
Anixter International, Inc. (L) 126,850 7,288,801
Arrow Electronics, Inc. (I) 124,260 4,188,805
 
    11,477,606
Internet Software & Services - 1.4%    
eBay, Inc. (I) 153,000 7,406,730
Semiconductors & Semiconductor Equipment - 2.4%  
Altera Corp. 35,400 1,203,069
Broadcom Corp., Class A 146,000 5,048,680
Intel Corp. 47,000 1,065,960
Texas Instruments, Inc. 94,845 2,612,980
Xilinx, Inc. (L) 69,600 2,325,336
 
    12,256,025
Software - 1.1%    
Microsoft Corp. 199,900 5,953,022
 
    45,425,561
Materials - 4.6%    
Chemicals - 2.3%    
Ashland, Inc. 54,900 3,930,840
Celanese Corp., Series A 31,500 1,194,165
E.I. du Pont de Nemours & Company 51,300 2,578,851
PPG Industries, Inc. 18,900 2,170,476
Sigma-Aldrich Corp. (L) 32,600 2,346,222
 
    12,220,554
Construction Materials - 0.6%    
Eagle Materials, Inc. 66,150 3,060,099
Metals & Mining - 0.9%    
Reliance Steel & Aluminum Company 88,379 4,626,641
Paper & Forest Products - 0.8%    
International Paper Company 115,800 4,205,856
 
    24,113,150
Telecommunication Services - 2.5%    
Diversified Telecommunication Services - 2.5%    
AT&T, Inc. 160,900 6,065,930
Verizon Communications, Inc. 151,200 6,890,184
 
    12,956,114
 
    12,956,114
Utilities - 3.3%    
Electric Utilities - 2.1%    
Duke Energy Corp. 60,332 3,909,514
Edison International 33,100 1,512,339
NextEra Energy, Inc. 36,120 2,540,320
Xcel Energy, Inc. 104,500 2,895,695
 
    10,857,868
Multi-Utilities - 1.2%    
Dominion Resources, Inc. 69,700 3,689,918
PG&E Corp. 56,000 2,389,520
 
    6,079,438
 
    16,937,306
TOTAL COMMON STOCKS (Cost $473,814,282) $ 513,186,560

 

31

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

All Cap Value Trust (continued)    
    Shares or  
    Principal  
    Amount Value
 
SECURITIES LENDING COLLATERAL - 6.9%    
John Hancock Collateral      
Investment Trust, 0.3462% (W)(Y)   3,557,445 35,605,048
TOTAL SECURITIES LENDING      
COLLATERAL (Cost $35,604,393)   $ 35,605,048
 
SHORT-TERM INVESTMENTS - 0.9%      
Repurchase Agreement - 0.9%      
Repurchase Agreement with State Street Corp.    
dated 09/30/2012 at 0.010% to be      
repurchased at $4,662,004 on 10/01/2012,    
collateralized by $4,730,000 Federal      
National Morgage Association, 0.750% due    
04/10/2015 (valued at $4,759,563,      
including interest) $ 4,662,000 $ 4,662,000
TOTAL SHORT-TERM INVESTMENTS (Cost $4,662,000) $ 4,662,000
Total Investments (All Cap Value Trust)      
(Cost $514,080,675) - 106.5%   $ 553,453,608
Other assets and liabilities, net - (6.5%)     (33,741,639)
TOTAL NET ASSETS - 100.0%   $ 519,711,969
 
 
 
Alpha Opportunities Trust    
    Shares or  
    Principal  
    Amount Value
 
COMMON STOCKS - 96.1%      
Consumer Discretionary - 17.1%      
Auto Components - 1.0%      
Allison Transmission Holdings, Inc. (L)   183,890 $ 3,699,867
Dana Holding Corp.   66,665 819,980
Modine Manufacturing Company (I)   292,984 2,162,222
Stoneridge, Inc. (I)(L)   158,349 786,995
Tenneco, Inc. (I)   32,905 921,340
The Goodyear Tire & Rubber Company (I)   63,545 774,614
 
      9,165,018
Automobiles - 0.5%      
Dongfeng Motor Group Company, Ltd.,      
H Shares   642,000 746,861
Great Wall Motor Company, Ltd., H Shares 90,825 239,096
Harley-Davidson, Inc.   57,840 2,450,681
Peugeot SA (I)(L)   50,432 399,939
Renault SA   15,835 746,347
 
      4,582,924
Distributors - 0.1%      
LKQ Corp. (I)   30,220 559,070
 
      559,070
Hotels, Restaurants & Leisure - 1.6%      
Accor SA   60,968 2,039,877
Burger King Worldwide, Inc. (I)   507,109 7,069,099
Compass Group PLC   98,420 1,088,519
Dunkin’ Brands Group, Inc.   89,480 2,612,369
Las Vegas Sands Corp.   24,840 1,151,831
Sands China, Ltd.   124,630 461,962
Starwood Hotels & Resorts Worldwide, Inc. 10,300 596,988
 
      15,020,645
Household Durables - 1.6%      
Furniture Brands International, Inc. (I)(L)   279,625 405,456
M/I Homes, Inc. (I)   134,600 2,603,164
NVR, Inc. (I)(L)   6,925 5,848,163

 

Alpha Opportunities Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Household Durables (continued)    
PDG Realty SA Empreendimentos    
e Participacoes 87,620 $ 165,105
PulteGroup, Inc. (I)(L) 287,945 4,463,148
Whirlpool Corp. 22,245 1,844,333
 
    15,329,369
Internet & Catalog Retail - 1.3%    
Amazon.com, Inc. (I) 32,795 8,340,424
Expedia, Inc. (L) 13,940 806,290
HSN, Inc. 36,970 1,813,379
Shutterfly, Inc. (I)(L) 36,920 1,148,950
 
    12,109,043
Leisure Equipment & Products - 0.8%    
Hasbro, Inc. (L) 95,105 3,630,158
Mattel, Inc. 77,801 2,760,379
Polaris Industries, Inc. (L) 8,055 651,408
 
    7,041,945
Media - 4.1%    
AMC Networks, Inc., Class A (I) 57,446 2,500,050
Charter Communications, Inc., Class A (I) 20,820 1,562,957
Comcast Corp., Class A 59,330 2,122,234
Comcast Corp., Special Class A 93,945 3,269,286
DIRECTV (I) 17,209 902,784
Discovery Communications, Inc., Series C (I) 11,620 651,185
Focus Media Holding, Ltd., ADR (L) 37,125 868,725
Gannett Company, Inc. 97,680 1,733,820
Liberty Global, Inc., Class A (I) 19,980 1,213,785
Omnicom Group, Inc. 104,801 5,403,540
Pandora Media, Inc. (I) 42,630 466,799
Sirius XM Radio, Inc. (I) 191,800 498,680
The Interpublic Group of Companies, Inc. 44,400 493,728
The Walt Disney Company 112,004 5,855,569
Thomson Reuters Corp. 90,840 2,621,642
Time Warner, Inc. 130,170 5,900,606
Viacom, Inc., Class B 32,673 1,750,946
 
    37,816,336
Multiline Retail - 1.5%    
Family Dollar Stores, Inc. 55,290 3,665,727
J.C. Penney Company, Inc. (I)(L) 15,580 378,438
Kohl’s Corp. 53,740 2,752,563
Maoye International Holdings, Ltd. 3,814,015 666,472
Target Corp. 101,951 6,470,830
 
    13,934,030
Specialty Retail - 2.9%    
Abercrombie & Fitch Company, Class A (L) 79,275 2,689,008
Advance Auto Parts, Inc. 62,735 4,293,583
ANN, Inc. (I) 14,770 557,272
AutoZone, Inc. (I) 4,389 1,622,482
CarMax, Inc. (I)(L) 15,065 426,340
GameStop Corp., Class A (L) 33,140 695,940
Lowe’s Companies, Inc. 368,219 11,134,943
Monro Muffler Brake, Inc. (L) 4,910 172,783
Urban Outfitters, Inc. (I) 114,750 4,310,010
Zhongsheng Group Holdings, Ltd. 680,445 847,261
 
    26,749,622
Textiles, Apparel & Luxury Goods - 1.7%    
Deckers Outdoor Corp. (I)(L) 15,115 553,814
Fifth & Pacific Companies, Inc. (I)(L) 126,553 1,617,347
Hanesbrands, Inc. (I) 231,616 7,383,918
Lululemon Athletica, Inc. (I) 7,400 547,156
Michael Kors Holdings, Ltd. (I) 5,100 271,218
PVH Corp. 39,980 3,746,926

 

32

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Alpha Opportunities Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Textiles, Apparel & Luxury Goods (continued)    
Samsonite International SA 558,575 $ 1,070,361
Under Armour, Inc., Class A (I)(L) 9,960 556,067
 
    15,746,807
    158,054,809
Consumer Staples - 4.5%    
Beverages - 1.3%    
Constellation Brands, Inc., Class A (I) 51,330 1,660,526
Molson Coors Brewing Company, Class B 83,670 3,769,334
PepsiCo, Inc. 98,504 6,971,128
 
    12,400,988
Food & Staples Retailing - 1.0%    
CVS Caremark Corp. 131,762 6,379,916
Wal-Mart Stores, Inc. 31,860 2,351,268
 
    8,731,184
Food Products - 1.8%    
Asian Bamboo AG (L) 39,305 307,511
Asian Citrus Holdings, Ltd. 3,157,109 1,625,354
China Minzhong Food Corp. Ltd. (I)(L) 907,420 595,154
General Mills, Inc. 86,426 3,444,076
Kraft Foods, Inc. (I) 129,977 5,374,549
PureCircle, Ltd. (I)(L) 663,292 2,303,239
Unilever NV - NY Shares 87,110 3,090,663
 
    16,740,546
Tobacco - 0.4%    
Philip Morris International, Inc. 38,690 3,479,779
 
    3,479,779
    41,352,497
Energy - 10.5%    
Energy Equipment & Services - 2.5%    
AMEC PLC 10,218 189,681
Baker Hughes, Inc. 190,515 8,616,993
Halliburton Company 148,025 4,986,962
McDermott International, Inc. (I) 218,275 2,667,321
Oceaneering International, Inc. 12,300 679,575
Oil States International, Inc. (I) 7,500 595,950
Patterson-UTI Energy, Inc. (L) 170,940 2,707,690
Petrofac, Ltd. 15,538 401,402
Superior Energy Services, Inc. (I) 44,765 918,578
Trican Well Service, Ltd. 76,540 995,775
 
    22,759,927
Oil, Gas & Consumable Fuels - 8.0%    
Anadarko Petroleum Corp. 156,235 10,923,951
BG Group PLC 271,318 5,493,945
BP PLC, ADR 96,640 4,093,670
Cabot Oil & Gas Corp. 59,660 2,678,734
Cheniere Energy, Inc. (I)(L) 36,100 561,355
Chesapeake Energy Corp. (L) 28,450 536,852
Chevron Corp. 53,710 6,260,438
Cobalt International Energy, Inc. (I) 355,620 7,919,657
Exxon Mobil Corp. 52,240 4,777,348
Inpex Corp. 117 693,071
JX Holdings, Inc. (L) 233,785 1,278,109
Karoon Gas Australia, Ltd. (I) 443,232 2,458,594
KiOR, Inc., Class A (I)(L) 73,080 679,644
Occidental Petroleum Corp. 106,900 9,199,814
Pioneer Natural Resources Company 7,815 815,886
Rosetta Resources, Inc. (I) 32,960 1,578,784
Royal Dutch Shell PLC, ADR, Class B (L) 59,770 4,261,601
SemGroup Corp., Class A (I) 29,680 1,093,708

 

Alpha Opportunities Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Oil, Gas & Consumable Fuels (continued)    
Southwestern Energy Company (I) 80,895 $ 2,813,528
Tesoro Corp. 33,280 1,394,432
Uranium One, Inc. (I)(L) 693,815 1,658,494
Valero Energy Corp. 86,480 2,739,686
 
    73,911,301
 
    96,671,228
Financials - 12.3%    
Capital Markets - 2.1%    
Affiliated Managers Group, Inc. (I) 3,700 455,100
BlackRock, Inc. 18,040 3,216,532
Invesco, Ltd. 162,785 4,067,997
LPL Financial Holdings, Inc. 36,560 1,043,422
Matsui Securities Company, Ltd. (L) 205,135 1,307,853
Raymond James Financial, Inc. 12,300 450,795
SBI Holdings, Inc. (L) 215,000 1,384,469
SEI Investments Company 235,170 5,044,397
T. Rowe Price Group, Inc. 36,300 2,297,790
 
    19,268,355
Commercial Banks - 3.5%    
China Construction Bank Corp., H Shares 870,850 601,778
Cullen/Frost Bankers, Inc. (L) 11,745 674,515
Erste Group Bank AG (I) 12,025 269,531
First Niagara Financial Group, Inc. 114,190 923,797
First Republic Bank 50,960 1,756,082
Industrial & Commercial Bank of China,    
H Shares 1,026,820 603,801
Lloyds Banking Group PLC (I) 1,055,358 664,953
M&T Bank Corp. (L) 63,190 6,013,160
PNC Financial Services Group, Inc. 120,719 7,617,369
Societe Generale SA (I) 10,603 302,423
UniCredit SpA (I) 121,614 508,358
Wells Fargo & Company 355,167 12,263,917
 
    32,199,684
Diversified Financial Services - 2.8%    
Bank of America Corp. 1,436,706 12,686,114
JPMorgan Chase & Company 207,903 8,415,913
NYSE Euronext 97,030 2,391,790
PHH Corp. (I)(L) 136,755 2,782,964
 
    26,276,781
Insurance - 2.7%    
ACE, Ltd. 56,250 4,252,500
Aegon NV 60,170 314,298
Ageas 12,809 307,746
Alleghany Corp. (I) 7,390 2,549,107
American International Group, Inc. (I) 136,985 4,491,738
Berkshire Hathaway, Inc., Class B (I) 24,650 2,174,130
China Taiping Insurance    
Holdings Company, Ltd. (I) 654,090 1,019,012
Marsh & McLennan Companies, Inc. 170,720 5,792,530
Unum Group (L) 185,243 3,560,370
 
    24,461,431
Real Estate Investment Trusts - 1.1%    
Public Storage 7,010 975,582
Rayonier, Inc. 45,430 2,226,524
Two Harbors Investment Corp. 76,900 903,575
Weyerhaeuser Company 247,385 6,466,644
 
    10,572,325

 

33

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Alpha Opportunities Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Real Estate Management & Development - 0.1%    
BR Malls Participacoes SA 34,200 $ 474,895
    474,895
    113,253,471
Health Care - 15.0%    
Biotechnology - 2.3%    
Algeta ASA (I) 56,670 1,466,129
Arena Pharmaceuticals, Inc. (I)(L) 145,610 1,211,475
Ariad Pharmaceuticals, Inc. (I) 22,950 555,964
Biogen Idec, Inc. (I) 15,787 2,355,894
BioMarin Pharmaceutical, Inc. (I)(L) 16,160 650,763
Cubist Pharmaceuticals, Inc. (I) 38,250 1,823,760
Exelixis, Inc. (I)(L) 178,400 859,888
Gilead Sciences, Inc. (I) 54,285 3,600,724
Onyx Pharmaceuticals, Inc. (I) 35,605 3,008,623
Regeneron Pharmaceuticals, Inc. (I) 19,718 3,010,150
Rigel Pharmaceuticals, Inc. (I) 50,750 520,188
Seattle Genetics, Inc. (I)(L) 48,600 1,309,770
Vertex Pharmaceuticals, Inc. (I) 8,990 502,991
 
    20,876,319
Health Care Equipment & Supplies - 2.9%    
Edwards Lifesciences Corp. (I) 94,970 10,196,929
HeartWare International, Inc. (I) 6,100 576,389
Hologic, Inc. (I) 485,385 9,824,192
Medtronic, Inc. 143,195 6,174,568
 
    26,772,078
Health Care Providers & Services - 2.6%    
Cardinal Health, Inc. 180,885 7,049,088
Catamaran Corp. (I) 119,886 11,745,231
Cigna Corp. 110,620 5,217,945
 
    24,012,264
Health Care Technology - 0.1%    
CareView Communications, Inc. (I)(L) 1,361,395 1,415,851
 
    1,415,851
Life Sciences Tools & Services - 0.4%    
Agilent Technologies, Inc. 106,780 4,105,691
 
    4,105,691
Pharmaceuticals - 6.7%    
Elan Corp. PLC, ADR (I)(L) 71,233 763,618
Eli Lilly & Company 172,155 8,161,869
Johnson & Johnson 157,495 10,852,980
MAP Pharmaceuticals, Inc. (I) 43,850 682,745
Merck & Company, Inc. 383,440 17,293,144
Pfizer, Inc. 155,533 3,864,995
Roche Holdings AG 59,719 11,155,834
Teva Pharmaceutical Industries, Ltd., ADR 101,420 4,199,802
TherapeuticsMD, Inc. (I) 428,825 1,479,446
Watson Pharmaceuticals, Inc. (I) 34,250 2,916,730
 
    61,371,163
    138,553,366
Industrials - 11.5%    
Aerospace & Defense - 3.0%    
Cubic Corp. 10,710 536,143
DigitalGlobe, Inc. (I)(L) 135,420 2,761,214
GeoEye, Inc. (I)(L) 23,848 630,303
Lockheed Martin Corp. 60,569 5,655,933
Northrop Grumman Corp. 84,354 5,603,636
Rolls-Royce Holdings PLC (I) 200,427 2,735,300
Safran SA 74,550 2,687,238
Textron, Inc. (L) 25,600 669,952

 

Alpha Opportunities Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Aerospace & Defense (continued)    
TransDigm Group, Inc. 21,823 $ 3,096,029
United Technologies Corp. 40,500 3,170,745
 
    27,546,493
Air Freight & Logistics - 1.2%    
Expeditors International of Washington, Inc. 63,770 2,318,677
United Parcel Service, Inc., Class B 120,559 8,628,408
 
    10,947,085
Airlines - 0.5%    
AirAsia BHD 844,341 835,430
Delta Air Lines, Inc. (I) 248,320 2,274,611
Gol Linhas Aereas Inteligentes SA, ADR (I) 44,400 254,856
United Continental Holdings, Inc. (I)(L) 43,490 848,055
 
    4,212,952
Building Products - 0.7%    
Lennox International, Inc. 99,045 4,789,816
Masco Corp. 53,200 800,660
Owens Corning, Inc. (I) 32,600 1,090,796
 
    6,681,272
Commercial Services & Supplies - 0.1%    
ACCO Brands Corp. (I) 173,700 1,127,313
 
    1,127,313
Construction & Engineering - 0.3%    
Jacobs Engineering Group, Inc. (I) 61,800 2,498,574
 
    2,498,574
Electrical Equipment - 0.6%    
General Cable Corp. (I) 17,400 511,212
Polypore International, Inc. (I)(L) 135,862 4,802,722
 
    5,313,934
Industrial Conglomerates - 0.5%    
3M Company 54,422 5,029,681
 
    5,029,681
Machinery - 2.0%    
Eaton Corp. (L) 76,600 3,620,116
Flowserve Corp. 4,900 625,926
IDEX Corp. 40,375 1,686,464
Illinois Tool Works, Inc. (L) 5,600 333,032
Meritor, Inc. (I) 166,390 705,494
Nordson Corp. 4,800 281,376
PACCAR, Inc. (L) 96,825 3,875,421
Pall Corp. 31,795 2,018,665
Parker Hannifin Corp. 4,000 334,320
Stanley Black & Decker, Inc. 45,542 3,472,578
Vallourec SA 8,830 374,803
Valmont Industries, Inc. 3,820 502,330
Wabtec Corp. 7,635 613,014
 
    18,443,539
Professional Services - 1.2%    
IHS, Inc., Class A (I) 79,900 7,778,265
Manpower, Inc. 25,020 920,736
Verisk Analytics, Inc., Class A (I) 50,088 2,384,690
 
    11,083,691
Road & Rail - 1.0%    
Canadian National Railway Company 20,870 1,846,690
Canadian Pacific Railway Ltd. (L) 19,390 1,607,237
Hertz Global Holdings, Inc. (I)(L) 269,460 3,699,686
Landstar System, Inc. 47,580 2,249,582
 
    9,403,195

 

34

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Alpha Opportunities Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Trading Companies & Distributors - 0.4%    
MSC Industrial Direct Company, Inc., Class A 57,365 $ 3,869,843
    3,869,843
    106,157,572
Information Technology - 17.9%    
Communications Equipment - 1.6%    
Acme Packet, Inc. (I)(L) 63,280 1,082,088
Cisco Systems, Inc. 602,929 11,509,915
JDS Uniphase Corp. (I) 58,743 727,532
QUALCOMM, Inc. 19,120 1,194,809
 
    14,514,344
Computers & Peripherals - 1.5%    
3D Systems Corp. (I)(L) 51,460 1,690,461
Apple, Inc. 9,834 6,561,835
Gemalto NV (L) 4,588 404,144
SanDisk Corp. (I) 101,435 4,405,322
Toshiba Corp. 227,450 727,834
 
    13,789,596
Electronic Equipment, Instruments & Components - 0.8%  
Arrow Electronics, Inc. (I) 162,035 5,462,200
Hon Hai Precision Industry Company, Ltd. 202,278 626,465
Jabil Circuit, Inc. 20,410 382,075
Trimble Navigation, Ltd. (I) 13,450 641,027
Universal Display Corp. (I)(L) 23,040 792,115
 
    7,903,882
Internet Software & Services - 3.9%    
Akamai Technologies, Inc. (I) 14,400 550,944
eBay, Inc. (I) 146,705 7,101,989
Equinix, Inc. (I) 38,170 7,864,929
Google, Inc., Class A (I) 2,760 2,082,420
IAC/InterActiveCorp 116,670 6,073,840
LinkedIn Corp., Class A (I) 67,855 8,169,742
Tencent Holdings, Ltd. 14,985 509,260
Velti PLC (I) 24,035 201,173
VeriSign, Inc. (I)(L) 44,790 2,180,825
Web.com Group, Inc. (I) 61,696 1,107,443
 
    35,842,565
IT Services - 2.4%    
Amadeus IT Holding SA, A Shares 74,932 1,749,449
Automatic Data Processing, Inc. 47,492 2,785,881
Cognizant Technology    
Solutions Corp., Class A (I) 70,620 4,937,750
Sapient Corp. (I) 122,080 1,301,373
The Western Union Company 531,622 9,686,153
Vantiv, Inc., Class A (I) 18,960 408,588
VeriFone Systems, Inc. (I) 35,695 994,106
 
    21,863,300
Semiconductors & Semiconductor Equipment - 2.2%  
Analog Devices, Inc. 121,170 4,748,652
ASML Holding NV (L) 28,020 1,504,114
Avago Technologies, Ltd. 84,605 2,949,753
GT Advanced Technologies Inc. (I)(L) 239,830 1,307,074
Imagination Technologies Group PLC (I) 360 2,770
Intel Corp. 153,280 3,476,390
Micron Technology, Inc. (I) 171,120 1,024,153
NXP Semiconductor NV (I) 26,700 667,767
RF Micro Devices, Inc. (I)(L) 166,775 658,761
Skyworks Solutions, Inc. (I) 161,405 3,803,509
 
    20,142,943

 

Alpha Opportunities Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Software - 5.5%    
Activision Blizzard, Inc. (L) 458,510 $ 5,171,993
ANSYS, Inc. (I)(L) 28,035 2,057,769
Cadence Design Systems, Inc. (I)(L) 506,860 6,520,754
Citrix Systems, Inc. (I) 6,500 497,705
Concur Technologies, Inc. (I)(L) 35,655 2,628,843
FactSet Research Systems, Inc. (L) 17,645 1,701,331
Fortinet, Inc. (I) 17,500 422,450
Microsoft Corp. 181,218 5,396,672
Oracle Corp. 301,115 9,482,111
Red Hat, Inc. (I) 10,265 584,489
Rovi Corp. (I) 41,637 604,153
Salesforce.com, Inc. (I)(L) 46,000 7,023,740
SolarWinds, Inc. (I) 7,490 417,493
Solera Holdings, Inc. 132,040 5,792,595
Synopsys, Inc. (I) 16,800 554,736
TIBCO Software, Inc. (I) 60,730 1,835,868
 
    50,692,702
 
    164,749,332
Materials - 5.9%    
Chemicals - 2.2%    
Ashland, Inc. 10,600 758,960
Celanese Corp., Series A 11,885 450,560
CF Industries Holdings, Inc. 3,200 711,168
FMC Corp. 8,200 454,116
Innospec, Inc. (I) 1,670 56,646
LyondellBasell Industries NV, Class A 51,645 2,667,981
Methanex Corp. (L) 66,956 1,910,924
Mitsubishi Gas & Chemicals Company, Inc. 127,200 638,454
PTT Global Chemical PCL 361,375 739,656
The Dow Chemical Company 97,750 2,830,840
The Mosaic Company 92,125 5,307,321
The Sherwin-Williams Company 16,315 2,429,467
W.R. Grace & Company (I) 16,270 961,232
Westlake Chemical Corp. 9,800 715,988
 
    20,633,313
Construction Materials - 0.1%    
Cemex SAB de CV, ADR (I) 62,300 518,959
Vulcan Materials Company 9,600 454,080
 
    973,039
Containers & Packaging - 1.1%    
Graphic Packaging Holding Company (I) 116,190 675,064
Packaging Corp. of America 81,350 2,953,005
Rock-Tenn Company, Class A 61,790 4,460,002
Silgan Holdings, Inc. 36,340 1,581,153
 
    9,669,224
Metals & Mining - 1.1%    
China Metal Recycling Holdings, Ltd. (L) 409,680 378,198
Continental Gold Ltd. (I) 216,700 1,941,946
Detour Gold Corp. (I) 38,045 1,061,514
Fortescue Metals Group, Ltd. (L) 240,472 859,269
Molycorp, Inc. (I)(L) 169,880 1,953,620
Mongolian Mining Corp. (I) 750,470 341,512
SunCoke Energy, Inc. (I) 149,620 2,411,874
Walter Energy, Inc. 41,680 1,352,933
 
    10,300,866
Paper & Forest Products - 1.4%    
International Paper Company 170,995 6,210,538
Louisiana-Pacific Corp. (I) 236,620 2,957,750
Mondi PLC 27,502 280,776
Norbord, Inc. (I) 169,695 3,003,451

 

35

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Alpha Opportunities Trust (continued)  
    Shares or  
    Principal  
    Amount Value
 
COMMON STOCKS (continued)      
Paper & Forest Products (continued)      
Sino-Forest Corp. (I)(L)   90,175 $ 0
      12,452,515
      54,028,957
Telecommunication Services - 0.7%      
Diversified Telecommunication Services - 0.6%    
American Tower Corp.   32,226 2,300,614
AT&T, Inc.   94,680 3,569,436
 
      5,870,050
Wireless Telecommunication Services - 0.1%    
Sprint Nextel Corp. (I)   95,885 529,285
 
      529,285
      6,399,335
Utilities - 0.7%      
Gas Utilities - 0.7%      
UGI Corp.   216,970 6,888,793
 
      6,888,793
TOTAL COMMON STOCKS (Cost $829,064,630) $ 886,109,360
SECURITIES LENDING COLLATERAL - 10.1%    
John Hancock Collateral      
Investment Trust, 0.3462% (W)(Y)   9,288,214 92,962,016
TOTAL SECURITIES LENDING      
COLLATERAL (Cost $92,957,625)   $ 92,962,016
SHORT-TERM INVESTMENTS - 3.7%      
Repurchase Agreement - 3.7%      
Deutsche Bank Tri-Party Repurchase      
Agreement dated 09/28/2012 at 0.250% to    
be repurchased at $34,600,721 on      
10/01/2012, collateralized by $31,946,108    
Government National Mortgage Association,    
3.000% - 7.000% due 06/20/2026 -      
08/15/2042 (valued at $35,179,677) $ 34,600,000 $ 34,600,000
TOTAL SHORT-TERM INVESTMENTS (Cost $34,600,000) $ 34,600,000
Total Investments (Alpha Opportunities Trust)    
(Cost $956,622,255) - 109.9%   $ 1,013,671,376
Other assets and liabilities, net - (9.9%)     (91,348,893)
TOTAL NET ASSETS - 100.0%   $ 922,322,483
 
 
American Asset Allocation Trust    
    Shares or  
    Principal  
    Amount Value
 
INVESTMENT COMPANIES - 100.0%      
American Funds Insurance Series - 100.0%    
American Asset Allocation Fund - Class 1   90,940,466 $ 1,667,848,142
TOTAL INVESTMENT COMPANIES (Cost $1,225,758,407) $ 1,667,848,142
Total Investments (American Asset Allocation Trust)    
(Cost $1,225,758,407) - 100.0%   $ 1,667,848,142
Other assets and liabilities, net - 0.0%     (49,634)
TOTAL NET ASSETS - 100.0%   $ 1,667,798,508

 

American Blue Chip Income and Growth Trust
  Shares or    
  Principal    
  Amount   Value
 
INVESTMENT COMPANIES - 100.1%      
American Funds Insurance Series - 100.1%      
American Blue Chip Income & Growth      
Fund - Class 1 26,393,343 $ 268,948,162
TOTAL INVESTMENT COMPANIES (Cost $203,462,861) $ 268,948,162
Total Investments (American Blue Chip Income and Growth    
Trust) (Cost $203,462,861) - 100.1%   $ 268,948,162
Other assets and liabilities, net - (0.1%)     (151,463)
 
TOTAL NET ASSETS - 100.0%   $ 268,796,699
 
 
American Global Growth Trust    
  Shares or    
  Principal    
  Amount   Value
 
INVESTMENT COMPANIES - 100.0%      
American Funds Insurance Series - 100.0%      
American Global Growth Fund - Class 1 7,607,873 $ 171,709,701
 
      171,709,701
TOTAL INVESTMENT COMPANIES (Cost $158,450,287) $ 171,709,701
Total Investments (American Global Growth Trust)    
(Cost $158,450,287) - 100.0%   $ 171,709,701
Other assets and liabilities, net - 0.0%     (26,344)
 
TOTAL NET ASSETS - 100.0%   $ 171,683,357
 
 
 
Total Investments (American Global Small Capitalization    
Trust) (Cost $71,263,890) - 100.0%     $89,819,739
Other assets and liabilities, net - 0.0%   $ (26,833)
 
TOTAL NET ASSETS - 100.0%   $ 89,792,906
American Funds Insurance Series      
 
  Shares or    
  Principal    
  Amount   Value
 
INVESTMENT COMPANIES - 100.0%      
TOTAL INVESTMENT COMPANIES (Cost $71,263,890) $ 89,819,739
 
 
American Growth Trust      
  Shares or    
  Principal    
  Amount   Value
 
INVESTMENT COMPANIES - 100.0%      
American Funds Insurance Series - 100.0%      
American Growth Fund - Class 1 18,784,400 $ 1,129,881,658
TOTAL INVESTMENT COMPANIES (Cost $961,653,954) $ 1,129,881,658
Total Investments (American Growth Trust)      
(Cost $961,653,954) - 100.0%   $ 1,129,881,658
Other assets and liabilities, net - 0.0%     (41,716)
 
TOTAL NET ASSETS - 100.0%   $ 1,129,839,942

 

36

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

American Growth-Income Trust    
  Shares or    
  Principal    
  Amount   Value
 
INVESTMENT COMPANIES - 100.0%      
American Funds Insurance Series - 100.0%      
American Growth-Income Fund - Class 1 27,816,647 $ 1,065,377,564
      1,065,377,564
TOTAL INVESTMENT COMPANIES (Cost $867,880,300) $ 1,065,377,564
Total Investments (American Growth-Income Trust)    
(Cost $867,880,300) - 100.0%   $ 1,065,377,564
Other assets and liabilities, net - 0.0%     (39,557)
TOTAL NET ASSETS - 100.0%   $ 1,065,338,007
 
 
American High-Income Bond Trust    
  Shares or    
  Principal    
  Amount   Value
 
INVESTMENT COMPANIES - 100.0%      
American Funds Insurance Series - 100.0%      
American High-Income Bond Fund - Class 1 9,094,237 $ 104,674,666
      104,674,666
TOTAL INVESTMENT COMPANIES (Cost $97,995,039) $ 104,674,666
Total Investments (American High-Income Bond Trust)    
(Cost $97,995,039) - 100.0%   $ 104,674,666
Other assets and liabilities, net - 0.0%     (24,674)
TOTAL NET ASSETS - 100.0%   $ 104,649,992
 
 
American International Trust      
  Shares or    
  Principal    
  Amount   Value
 
INVESTMENT COMPANIES - 100.0%      
American Funds Insurance Series - 100.0%      
American International Fund - Class 1 41,196,963 $ 701,996,256
TOTAL INVESTMENT COMPANIES (Cost $723,657,621) $ 701,996,256
Total Investments (American International Trust)    
(Cost $723,657,621) - 100.0%   $ 701,996,256
Other assets and liabilities, net - 0.0%     (34,236)
TOTAL NET ASSETS - 100.0%   $ 701,962,020
 
 
American New World Trust      
  Shares or    
  Principal    
  Amount   Value
 
INVESTMENT COMPANIES - 100.0%      
American Funds Insurance Series - 100.0%      
American New World Fund - Class 1 3,477,838 $ 76,234,213
      76,234,213
TOTAL INVESTMENT COMPANIES (Cost $70,826,155) $ 76,234,213
Total Investments (American New World Trust)      
(Cost $70,826,155) - 100.0%   $ 76,234,213
Other assets and liabilities, net - 0.0%     (19,303)
TOTAL NET ASSETS - 100.0%   $ 76,214,910

 

Blue Chip Growth Trust    
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS - 99.4%    
Consumer Discretionary - 22.6%    
Auto Components - 0.0%    
Johnson Controls, Inc. 15,100 $ 413,740
Automobiles - 0.4%    
Harley-Davidson, Inc. 154,500 6,546,165
Hotels, Restaurants & Leisure - 7.4%    
Carnival Corp. (L) 458,600 16,711,384
Chipotle Mexican Grill, Inc. (I) 34,200 10,859,868
Las Vegas Sands Corp. 400,100 18,552,637
Marriott International, Inc. (L) 323,629 12,653,894
McDonald’s Corp. 20,300 1,862,525
Starbucks Corp. 759,800 38,559,850
Starwood Hotels & Resorts Worldwide, Inc. 303,600 17,596,656
Tim Hortons, Inc. (L) 3,500 182,105
Wynn Resorts, Ltd. 10,800 1,246,752
Yum! Brands, Inc. 245,200 16,266,568
 
    134,492,239
Internet & Catalog Retail - 7.2%    
Amazon.com, Inc. (I) 301,189 76,598,386
Expedia, Inc. (L) 3,900 225,576
Groupon, Inc. (I)(L) 159,800 760,648
Liberty Interactive Corp., Series A (I) 263,500 4,874,750
priceline.com, Inc. (I) 78,100 48,322,813
 
    130,782,173
Media - 1.9%    
Discovery Communications, Inc., Series C (I) 278,600 15,612,744
Omnicom Group, Inc. 80,600 4,155,736
The Walt Disney Company 290,200 15,171,656
 
    34,940,136
Multiline Retail - 0.4%    
Dollar General Corp. (I) 81,600 4,205,664
Dollar Tree, Inc. (I) 67,400 3,253,735
 
    7,459,399
Specialty Retail - 1.6%    
Bed Bath & Beyond, Inc. (I) 33,700 2,123,100
Limited Brands, Inc. 129,000 6,354,540
O’Reilly Automotive, Inc. (I) 129,600 10,837,152
Ross Stores, Inc. 59,000 3,811,400
The Home Depot, Inc. 79,000 4,769,230
Tiffany & Company 100 6,188
 
    27,901,610
Textiles, Apparel & Luxury Goods - 3.7%    
Coach, Inc. 119,900 6,716,798
Fossil, Inc. (I)(L) 171,100 14,492,170
Michael Kors Holdings, Ltd. (I) 144,100 7,663,238
NIKE, Inc., Class B 115,600 10,971,596
PVH Corp. 133,400 12,502,248
Ralph Lauren Corp. 94,700 14,321,481
 
    66,667,531
 
    409,202,993
Consumer Staples - 1.2%    
Beverages - 0.2%    
Anheuser-Busch InBev NV, ADR 22,700 1,950,157
Monster Beverage Corp. (I) 46,000 2,491,360
The Coca-Cola Company 5,800 219,994
 
    4,661,511
Food & Staples Retailing - 1.0%    
CVS Caremark Corp. 127,300 6,163,866

 

37

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Blue Chip Growth Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Food & Staples Retailing (continued)    
Whole Foods Market, Inc. 117,000 $ 11,395,800
    17,559,666
    22,221,177
Energy - 5.5%    
Energy Equipment & Services - 2.6%    
Cameron International Corp. (I) 208,200 11,673,774
FMC Technologies, Inc. (I) 97,500 4,514,250
Halliburton Company 29,600 997,224
National Oilwell Varco, Inc. 9,000 720,990
Schlumberger, Ltd. 406,392 29,394,333
 
    47,300,571
Oil, Gas & Consumable Fuels - 2.9%    
Concho Resources, Inc. (I) 97,100 9,200,225
EOG Resources, Inc. 124,200 13,916,610
EQT Corp. 109,800 6,478,200
Occidental Petroleum Corp. 59,200 5,094,752
Pioneer Natural Resources Company 101,900 10,638,360
Range Resources Corp. 103,800 7,252,506
 
    52,580,653
    99,881,224
Financials - 6.4%    
Capital Markets - 3.6%    
Ameriprise Financial, Inc. 74,351 4,214,958
Franklin Resources, Inc. 247,765 30,987,969
Invesco, Ltd. 718,300 17,950,317
Morgan Stanley 20,800 348,192
Northern Trust Corp. (L) 133,389 6,191,250
State Street Corp. 70,707 2,966,866
TD Ameritrade Holding Corp. 152,000 2,336,240
The Goldman Sachs Group, Inc. 11,376 1,293,224
 
    66,289,016
Commercial Banks - 0.7%    
U.S. Bancorp 315,500 10,821,650
Wells Fargo & Company 60,800 2,099,424
 
    12,921,074
Consumer Finance - 1.1%    
American Express Company 337,352 19,181,835
Diversified Financial Services - 0.8%    
Citigroup, Inc. 5,800 189,776
IntercontinentalExchange, Inc. (I) 78,200 10,432,662
JPMorgan Chase & Company 77,000 3,116,960
 
    13,739,398
Insurance - 0.2%    
Marsh & McLennan Companies, Inc. 99,700 3,382,821
Prudential Financial, Inc. 23,000 1,253,730
 
    4,636,551
    116,767,874
Health Care - 11.0%    
Biotechnology - 4.8%    
Alexion Pharmaceuticals, Inc. (I) 164,600 18,830,240
Amgen, Inc. 10,800 910,656
Biogen Idec, Inc. (I) 174,400 26,025,712
Celgene Corp. (I) 202,800 15,493,920
Gilead Sciences, Inc. (I) 293,700 19,481,121
Regeneron Pharmaceuticals, Inc. (I)(L) 41,000 6,259,060
Vertex Pharmaceuticals, Inc. (I) 5,700 318,915
 
    87,319,624

 

Blue Chip Growth Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Health Care Equipment & Supplies - 1.4%    
Baxter International, Inc. 92,100 $ 5,549,946
Covidien PLC 79,100 4,700,122
Edwards Lifesciences Corp. (I) 71,300 7,655,481
Intuitive Surgical, Inc. (I) 1,800 892,134
Stryker Corp. 130,479 7,262,461
 
    26,060,144
Health Care Providers & Services - 3.5%    
Cardinal Health, Inc. 54,400 2,119,968
Express Scripts Holding Company (I) 417,300 26,152,191
Henry Schein, Inc. (I)(L) 2,300 182,321
McKesson Corp. 277,400 23,864,722
UnitedHealth Group, Inc. 191,800 10,627,638
 
    62,946,840
Health Care Technology - 0.0%    
Cerner Corp. (I) 400 30,964
Life Sciences Tools & Services - 0.6%    
Thermo Fisher Scientific, Inc. 173,300 10,195,239
Pharmaceuticals - 0.7%    
Allergan, Inc. 138,900 12,720,462
Perrigo Company (L) 8,500 987,445
 
    13,707,907
 
    200,260,718
Industrials - 12.4%    
Aerospace & Defense - 3.1%    
Honeywell International, Inc. 223,000 13,324,250
Precision Castparts Corp. 159,300 26,020,062
The Boeing Company 184,300 12,830,966
United Technologies Corp. 50,600 3,961,474
 
    56,136,752
Air Freight & Logistics - 1.1%    
C.H. Robinson Worldwide, Inc. 2,400 140,520
Expeditors International of Washington, Inc. 13,400 487,224
FedEx Corp. 241,000 20,393,420
 
    21,021,164
Airlines - 0.1%    
United Continental Holdings, Inc. (I)(L) 59,000 1,150,500
Electrical Equipment - 0.4%    
AMETEK, Inc. 5,300 187,885
Roper Industries, Inc. 62,900 6,912,081
 
    7,099,966
Industrial Conglomerates - 3.3%    
3M Company 46,900 4,334,498
Danaher Corp. 1,003,226 55,327,914
General Electric Company 33,700 765,327
 
    60,427,739
Machinery - 0.1%    
Stanley Black & Decker, Inc. 13,400 1,021,750
Professional Services - 0.5%    
IHS, Inc., Class A (I) 90,500 8,810,175
Road & Rail - 2.2%    
J.B. Hunt Transport Services, Inc. (L) 42,100 2,190,884
Kansas City Southern 100,700 7,631,046
Union Pacific Corp. 261,000 30,980,700
 
    40,802,630
Trading Companies & Distributors - 1.6%    
Fastenal Company (L) 418,400 17,987,016

 

38

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Blue Chip Growth Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Trading Companies & Distributors (continued)    
W.W. Grainger, Inc. (L) 53,300 $ 11,106,121
    29,093,137
    225,563,813
Information Technology - 33.8%    
Communications Equipment - 2.6%    
Juniper Networks, Inc. (I) 481,221 8,233,691
QUALCOMM, Inc. 623,277 38,948,580
 
    47,182,271
Computers & Peripherals - 12.0%    
Apple, Inc. 291,700 194,639,742
EMC Corp. (I) 839,100 22,882,257
 
    217,521,999
Electronic Equipment, Instruments & Components - 0.1%  
Amphenol Corp., Class A (L) 21,400 1,260,032
Internet Software & Services - 10.5%    
Baidu, Inc., ADR (I)(L) 272,900 31,880,178
eBay, Inc. (I) 630,178 30,506,917
Equinix, Inc. (I) 2,900 597,545
Facebook, Inc., Class A (I) 102,631 2,163,145
Facebook, Inc., Class B (I) 304,677 6,421,650
Google, Inc., Class A (I) 121,766 91,872,447
LinkedIn Corp., Class A (I) 66,000 7,946,400
Tencent Holdings, Ltd. 573,000 19,473,222
 
    190,861,504
IT Services - 4.7%    
Accenture PLC, Class A 73,800 5,168,214
Alliance Data Systems Corp. (I) 18,100 2,569,295
Cognizant Technology    
Solutions Corp., Class A (I) 5,200 363,584
Fiserv, Inc. (I) 20,500 1,517,615
Mastercard, Inc., Class A 112,500 50,791,500
Visa, Inc., Class A 186,700 25,070,076
 
    85,480,284
Semiconductors & Semiconductor Equipment - 1.9%  
Altera Corp. 65,200 2,215,822
Broadcom Corp., Class A (I) 665,500 23,012,990
Xilinx, Inc. (L) 273,925 9,151,834
 
    34,380,646
Software - 2.0%    
Autodesk, Inc. (I) 248,100 8,279,097
Intuit, Inc. 77,900 4,586,752
Microsoft Corp. 6,944 206,792
Oracle Corp. 22,100 695,929
Red Hat, Inc. (I) 103,200 5,876,208
Salesforce.com, Inc. (I)(L) 108,300 16,536,327
 
    36,181,105
    612,867,841
Materials - 4.4%    
Chemicals - 4.4%    
Ecolab, Inc. 149,000 9,656,690
Monsanto Company 176,104 16,028,986
Praxair, Inc. 309,200 32,119,696
The Sherwin-Williams Company 142,300 21,189,893
 
    78,995,265
    78,995,265

 

Blue Chip Growth Trust (continued)    
    Shares or  
    Principal  
    Amount Value
 
COMMON STOCKS (continued)      
Telecommunication Services - 2.1%      
Diversified Telecommunication Services - 2.1%    
American Tower Corp.   534,938 $ 38,189,225
TOTAL COMMON STOCKS (Cost $1,222,044,290) $ 1,803,950,130
 
RIGHTS - 0.0%      
Liberty Ventures (Expiration Date: 10/09/2012,    
Strike Price: $35.99) (I)   1 14
TOTAL RIGHTS (Cost $7)   $ 14
 
SECURITIES LENDING COLLATERAL - 2.9%    
John Hancock Collateral      
Investment Trust, 0.3462% (W)(Y)   5,342,833 53,474,280
TOTAL SECURITIES LENDING      
COLLATERAL (Cost $53,472,000)   $ 53,474,280
 
SHORT-TERM INVESTMENTS - 0.4%      
Money Market Funds - 0.4%      
State Street Institutional U.S. Government      
Money Market Fund, 0.0469% (Y)   450,419 450,419
T. Rowe Price Prime Reserve Investment      
Fund, 0.1066% (Y)   6,844,632 6,844,632
 
      7,295,051
TOTAL SHORT-TERM INVESTMENTS (Cost $7,295,051) $ 7,295,051
Total Investments (Blue Chip Growth Trust)    
(Cost $1,282,811,348) - 102.7%   $ 1,864,719,475
Other assets and liabilities, net - (2.7%)     (49,570,467)
 
TOTAL NET ASSETS - 100.0%   $ 1,815,149,008
 
 
 
Bond Trust      
    Shares or  
    Principal  
    Amount Value
 
U.S. GOVERNMENT & AGENCY      
OBLIGATIONS - 50.8%      
U.S. Government - 19.9%      
U.S. Treasury Notes      
0.625%, 08/31/2017 $ 150,000,000 150,128,850
1.000%, 03/31/2017 to 06/30/2019   812,465,000 820,894,007
1.625%, 08/15/2022 (L)   617,352,000 616,869,848
U.S. Treasury Strips, PO 6.862%, 11/15/2030 40,870,000 25,023,393
 
      1,612,916,098
U.S. Government Agency - 29.5%      
Federal Home Loan Mortgage Corp.      
1.750%, 05/30/2019   39,220,000 40,631,371
2.392%, 04/01/2042 (P)   37,170,434 39,056,711
2.601%, 06/01/2035 (P)   6,633,508 7,133,098
3.000%, 07/01/2042 to 08/01/2042   39,467,265 41,644,066
3.500%, 05/01/2042   11,526,198 12,380,757
4.000%, 09/01/2041 to 11/01/2041   59,089,878 63,417,745
4.271%, 09/01/2039 (P)   1,834,152 1,939,322
4.284%, 09/01/2039 (P)   1,336,354 1,447,969
4.500%, 10/01/2039 to 12/01/2039   27,511,459 29,542,578
5.000%, 09/01/2040 to 04/01/2041   58,556,893 63,730,388
6.000%, 11/01/2037   20,652,802 22,848,063
6.500%, 05/01/2037 to 09/01/2039   57,178,340 64,006,496
Federal National Mortgage Association      
2.445%, 04/01/2042 (P)   21,775,124 22,746,920
2.498%, 02/01/2042 (P)   15,465,661 16,219,794

 

39

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Bond Trust (continued)      
    Shares or  
    Principal  
    Amount Value
 
 
U.S. GOVERNMENT & AGENCY      
OBLIGATIONS (continued)      
U.S. Government Agency (continued)      
Federal National Mortgage      
Association (continued)      
2.616%, 02/01/2042 (P) $ 8,428,689 $ 8,865,832
2.731%, 10/01/2035 (P)   77,599,037 83,326,467
2.994%, 02/01/2042 (P)   13,621,624 14,570,884
3.000%, 07/01/2042   17,411,947 18,396,102
3.000%, 09/01/2042   48,433,391 51,170,933
3.500%, 04/01/2042 to 11/25/2042   418,084,372 414,114,952
4.000%, 11/01/2040 to 04/01/2042   177,087,370 192,392,050
4.500%, 08/01/2040 to 02/01/2042   346,693,005 377,076,385
4.507%, 09/01/2039 (P)   5,550,803 6,041,077
5.000%, 02/01/2033 to 12/01/2041   416,810,115 457,044,448
5.500%, 02/01/2036 to 05/01/2040   83,103,615 91,179,196
6.000%, 04/01/2035 to 06/01/2040   31,190,214 34,582,954
6.500%, 07/01/2036 to 10/01/2039   132,234,417 148,660,446
Government National Mortgage Association      
3.500%, 11/20/2039 (P)   8,917,797 9,440,306
4.000%, 10/15/2039 to 11/15/2041   43,293,270 47,816,442
5.000%, 08/15/2039   640,773 710,858
 
      2,382,134,610
U.S. Treasury Bonds - 1.4%      
U.S. Treasury, Bond 3.000%, 05/15/2042   110,735,000 114,991,432
TOTAL U.S. GOVERNMENT & AGENCY      
OBLIGATIONS (Cost $4,048,086,331)   $ 4,110,042,140
 
FOREIGN GOVERNMENT      
OBLIGATIONS - 0.1%      
South Korea - 0.1%      
Korea Development Bank      
4.000%, 09/09/2016   8,355,000 9,080,732
TOTAL FOREIGN GOVERNMENT      
OBLIGATIONS (Cost $8,324,892)   $ 9,080,732
 
CORPORATE BONDS - 33.2%      
Consumer Discretionary - 3.7%      
Best Buy Company, Inc.      
7.000%, 07/15/2013   12,853,000 13,233,487
BorgWarner, Inc.      
5.750%, 11/01/2016   4,770,000 5,445,518
CBS Corp.      
7.875%, 07/30/2030   13,795,000 18,779,920
Daimler Finance North America LLC      
2.625%, 09/15/2016 (S)   12,245,000 12,777,596
DIRECTV Holdings LLC      
3.500%, 03/01/2016   26,655,000 28,368,783
Expedia, Inc.      
5.950%, 08/15/2020   11,240,000 12,399,822
Ford Motor Credit Company LLC      
4.250%, 09/20/2022   5,250,000 5,351,116
5.000%, 05/15/2018   27,155,000 29,653,043
8.000%, 12/15/2016   12,880,000 15,398,349
Grupo Televisa SAB      
6.625%, 01/15/2040   7,230,000 9,549,348
Hyundai Capital Services, Inc.      
4.375%, 07/27/2016 (S)   8,795,000 9,482,329
6.000%, 05/05/2015 (S)   10,350,000 11,389,792
Hyundai Motor Manufacturing      
4.500%, 04/15/2015 (S)   11,100,000 11,858,163
Kia Motors Corp.      
3.625%, 06/14/2016 (S)   8,100,000 8,520,196
Macy’s Retail Holdings, Inc.      
7.875%, 08/15/2036   10,453,000 11,262,083

 

Bond Trust (continued)      
    Shares or  
    Principal  
    Amount Value
 
 
CORPORATE BONDS (continued)      
Consumer Discretionary (continued)      
Mattel, Inc.      
2.500%, 11/01/2016 $ 6,035,000 $ 6,307,710
News America, Inc.      
6.150%, 03/01/2037 to 02/15/2041   11,370,000 14,004,013
6.400%, 12/15/2035   4,035,000 5,005,292
Nissan Motor Acceptance Corp.      
1.950%, 09/12/2017 (S)   13,745,000 13,869,983
QVC, Inc.      
5.125%, 07/02/2022 (S)   2,665,000 2,808,244
Seminole Indian Tribe of Florida      
6.535%, 10/01/2020 (S)   115,000 123,662
Staples, Inc.      
9.750%, 01/15/2014   17,500,000 19,361,878
The Interpublic Group of Companies, Inc.      
10.000%, 07/15/2017   8,125,000 9,028,906
Time Warner Cable, Inc.      
6.750%, 07/01/2018   12,865,000 16,183,437
UBM PLC      
5.750%, 11/03/2020 (S)   6,185,000 6,475,819
 
      296,638,489
Consumer Staples - 1.0%      
Bunge, Ltd. Finance Corp.      
4.100%, 03/15/2016   4,555,000 4,882,231
5.100%, 07/15/2015   3,455,000 3,711,548
8.500%, 06/15/2019   11,438,000 14,494,417
Pernod-Ricard SA      
2.950%, 01/15/2017 (S)   8,970,000 9,360,285
SABMiller Holdings, Inc.      
2.450%, 01/15/2017 (S)   5,000,000 5,230,870
Safeway, Inc.      
3.400%, 12/01/2016   20,525,000 21,493,000
7.250%, 02/01/2031   6,740,000 7,195,024
The Kroger Company      
6.400%, 08/15/2017   12,930,000 15,650,925
 
      82,018,300
Energy - 2.9%      
DCP Midstream LLC      
9.750%, 03/15/2019 (S)   14,275,000 18,352,097
Energy Transfer Partners LP      
5.200%, 02/01/2022   3,895,000 4,321,682
5.950%, 02/01/2015   9,695,000 10,643,384
9.700%, 03/15/2019   10,085,000 13,328,366
Enterprise Products Operating LLC      
6.500%, 01/31/2019   31,220,000 38,721,885
6.650%, 04/15/2018   6,695,000 8,232,426
Kerr-McGee Corp.      
6.950%, 07/01/2024   17,575,000 22,693,895
Kinder Morgan Energy Partners LP      
7.750%, 03/15/2032   4,185,000 5,439,391
NuStar Logistics LP      
7.900%, 04/15/2018   9,212,000 10,447,900
ONEOK Partners LP      
6.150%, 10/01/2016   9,147,000 10,671,247
Petrohawk Energy Corp.      
6.250%, 06/01/2019   17,215,000 19,399,084
Petroleos Mexicanos      
4.875%, 01/24/2022   6,270,000 7,085,100
Spectra Energy Capital LLC      
5.668%, 08/15/2014   7,508,000 8,127,312
6.200%, 04/15/2018   8,230,000 9,956,687
TransCanada Pipelines, Ltd. (6.350% to      
5-15-17, then 3 month LIBOR + 2.210%)      
05/15/2067   15,640,000 16,727,606

 

40

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Bond Trust (continued)      
    Shares or  
    Principal  
    Amount Value
 
 
CORPORATE BONDS (continued)      
Energy (continued)      
Weatherford International, Inc.      
6.800%, 06/15/2037 $ 3,780,000 $ 4,141,659
Williams Partners LP      
7.250%, 02/01/2017   18,900,000 22,987,163
 
      231,276,884
Financials - 16.0%      
Abbey National Treasury Services PLC      
4.000%, 04/27/2016   17,595,000 18,302,425
Aflac, Inc.      
8.500%, 05/15/2019   11,585,000 15,519,405
American Express Company      
7.000%, 03/19/2018   3,050,000 3,861,026
American International Group, Inc.      
3.800%, 03/22/2017   6,740,000 7,251,114
8.250%, 08/15/2018   6,760,000 8,694,861
Aon Corp.      
8.205%, 01/01/2027   7,435,000 9,310,419
AXA SA      
8.600%, 12/15/2030   1,770,000 2,141,914
AXA SA (6.379% to 12/14/2036, then      
3 month LIBOR + 2.256%)      
12/14/2036 (Q)(S)   7,000,000 6,300,000
Banco de Credito del Peru      
4.750%, 03/16/2016 (S)   7,360,000 7,764,800
Bank of America Corp.      
6.500%, 08/01/2016   8,010,000 9,265,239
Bank of America NA      
5.300%, 03/15/2017   3,980,000 4,420,451
6.000%, 10/15/2036   9,510,000 11,175,239
Barclays Bank PLC      
5.000%, 09/22/2016   20,855,000 23,166,026
6.050%, 12/04/2017 (S)   17,465,000 18,797,719
10.179%, 06/12/2021 (S)   6,150,000 7,989,650
BB&T Corp.      
2.150%, 03/22/2017   7,000,000 7,265,958
BioMed Realty LP      
6.125%, 04/15/2020   3,400,000 3,948,865
Boston Properties LP      
3.700%, 11/15/2018   5,455,000 5,916,526
BPCE SA (12.500% to 09/30/2019, then      
3 month LIBOR + 12.980%)      
09/30/2019 (Q)(S)   60,000 67,964
Brandywine Operating Partnership LP      
7.500%, 05/15/2015   10,007,000 11,321,299
Capital One Financial Corp.      
6.150%, 09/01/2016   13,495,000 15,407,282
6.750%, 09/15/2017   15,660,000 19,184,471
Citigroup, Inc.      
5.850%, 12/11/2034   3,076,000 3,636,499
6.875%, 03/05/2038   300,000 394,687
CNA Financial Corp.      
5.850%, 12/15/2014   13,660,000 14,821,086
6.500%, 08/15/2016   6,855,000 7,898,468
7.250%, 11/15/2023   14,888,000 18,387,365
CommonWealth REIT      
5.750%, 02/15/2014   2,000,000 2,053,816
6.250%, 06/15/2017   4,075,000 4,441,253
Credit Agricole SA      
2.625%, 01/21/2014 (S)   6,000,000 6,055,044
Discover Bank      
7.000%, 04/15/2020   7,415,000 8,932,932
Discover Financial Services      
5.200%, 04/27/2022 (S)   14,460,000 15,846,960

 

Bond Trust (continued)      
    Shares or  
    Principal  
    Amount Value
 
 
CORPORATE BONDS (continued)      
Financials (continued)      
Equity One, Inc.      
6.250%, 12/15/2014 $ 7,000,000 $ 7,672,553
First Horizon National Corp.      
5.375%, 12/15/2015   27,852,000 30,471,425
General Electric Capital Corp.      
0.915%, 08/15/2036 (P)   9,945,000 7,330,977
4.375%, 09/16/2020   7,625,000 8,410,604
5.625%, 05/01/2018   13,930,000 16,431,647
5.875%, 01/14/2038   1,455,000 1,735,830
6.000%, 08/07/2019   9,325,000 11,343,881
Goodman Funding Pty, Ltd.      
6.375%, 04/15/2021 (S)   17,030,000 18,697,118
Hartford Financial Services Group, Inc.      
5.500%, 03/30/2020   5,450,000 6,168,980
6.000%, 01/15/2019   5,523,000 6,267,429
6.300%, 03/15/2018   12,185,000 14,121,574
6.625%, 03/30/2040   4,805,000 5,794,234
HCP, Inc.      
5.625%, 05/01/2017   14,670,000 16,636,293
6.300%, 09/15/2016   5,885,000 6,743,257
Health Care REIT, Inc.      
4.700%, 09/15/2017   4,400,000 4,857,292
4.950%, 01/15/2021   5,365,000 5,865,833
5.875%, 05/15/2015   7,500,000 8,320,740
6.125%, 04/15/2020   14,665,000 17,053,357
6.200%, 06/01/2016   495,000 558,546
Healthcare Realty Trust, Inc.      
6.500%, 01/17/2017   12,120,000 13,815,479
ICICI Bank, Ltd.      
4.700%, 02/21/2018 (S)   11,400,000 11,885,345
5.750%, 11/16/2020 (S)   9,690,000 10,313,125
International Lease Finance Corp.      
7.125%, 09/01/2018 (S)   6,465,000 7,531,725
Jefferies Group, Inc.      
6.875%, 04/15/2021   9,475,000 10,197,469
8.500%, 07/15/2019   7,975,000 9,151,313
JPMorgan Chase & Company      
3.450%, 03/01/2016   3,170,000 3,380,561
4.250%, 10/15/2020   21,130,000 23,091,244
6.000%, 01/15/2018   22,165,000 26,432,649
JPMorgan Chase & Company (7.900% to      
04/30/2018, then 3 month LIBOR + 3.470%)    
04/30/2018 (Q)   9,375,000 10,647,469
Liberty Mutual Group, Inc.      
4.950%, 05/01/2022 (S)   6,334,000 6,626,871
5.000%, 06/01/2021 (S)   12,475,000 13,188,957
6.500%, 05/01/2042 (S)   7,875,000 8,534,279
Lincoln National Corp.      
4.200%, 03/15/2022   7,000,000 7,320,089
8.750%, 07/01/2019   9,530,000 12,488,960
Lincoln National Corp. (6.050% to 04/20/17,    
then 3 month LIBOR + 2.040%)      
04/20/2067   11,130,000 10,893,488
Macquarie Bank, Ltd.      
6.625%, 04/07/2021 (S)   5,695,000 6,095,415
Macquarie Group, Ltd.      
6.000%, 01/14/2020 (S)   7,365,000 7,892,997
Merrill Lynch & Company, Inc.      
6.875%, 04/25/2018   19,045,000 22,823,471
7.750%, 05/14/2038   7,895,000 9,924,939
Moody’s Corp.      
4.500%, 09/01/2022   7,595,000 8,054,232
Morgan Stanley      
5.550%, 04/27/2017   23,360,000 25,615,291
5.750%, 01/25/2021   15,725,000 17,264,006

 

41

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Bond Trust (continued)      
    Shares or  
    Principal  
    Amount Value
 
 
CORPORATE BONDS (continued)      
Financials (continued)      
Morgan Stanley (continued)      
6.000%, 04/28/2015 $ 5,900,000 $ 6,394,119
6.375%, 07/24/2042   11,670,000 12,867,330
7.300%, 05/13/2019   11,610,000 13,701,948
National Australia Bank      
2.750%, 03/09/2017   14,205,000 14,898,616
Nordea Bank AB      
3.125%, 03/20/2017 (S)   19,655,000 20,559,484
ProLogis LP      
4.500%, 08/15/2017   1,325,000 1,426,339
6.250%, 03/15/2017   13,645,000 15,627,932
7.625%, 08/15/2014   5,000,000 5,486,835
Prudential Covered Trust 2012-1      
2.997%, 09/30/2015 (S)   18,945,000 19,682,396
Prudential Financial, Inc. (5.875% to      
09/15/2022, then 3 month LIBOR + 4.175%)    
09/15/2042   12,740,000 13,058,500
Rabobank Nederland NV      
3.375%, 01/19/2017   6,285,000 6,672,301
Rabobank Nederland NV (11.000% to      
06/30/2019, then 3 month      
LIBOR + 10.868%)      
06/30/2019 (Q)(S)   14,362,000 18,868,078
RBS Citizens Financial Group, Inc.      
4.150%, 09/28/2022 (S)   3,225,000 3,231,789
Royal Bank of Scotland Group PLC      
2.550%, 09/18/2015   9,410,000 9,523,221
Santander Holdings USA, Inc.      
4.625%, 04/19/2016   2,595,000 2,719,010
Sberbank of Russia      
6.125%, 02/07/2022 (S)   4,250,000 4,696,250
SunTrust Banks, Inc.      
3.500%, 01/20/2017   19,735,000 21,186,292
Svenska Handelsbanken AB      
2.875%, 04/04/2017   12,875,000 13,552,714
Swedbank AB      
2.125%, 09/29/2017 (S)   12,825,000 12,836,727
TD Ameritrade Holding Corp.      
4.150%, 12/01/2014   8,680,000 9,275,370
Teachers Insurance & Annuity Association of    
America      
6.850%, 12/16/2039 (S)   13,160,000 18,091,881
The Bear Stearns Companies LLC      
7.250%, 02/01/2018   325,000 405,645
The Chubb Corp. (6.375% until 04/15/2017,      
then 3 month LIBOR + 2.250%)      
03/29/2067   16,865,000 17,961,225
The Goldman Sachs Group, Inc.      
3.700%, 08/01/2015   8,920,000 9,408,325
6.150%, 04/01/2018   23,470,000 27,400,192
6.750%, 10/01/2037   15,975,000 17,130,743
The Hanover Insurance Group, Inc.      
6.375%, 06/15/2021   3,160,000 3,617,625
U.S. Bancorp      
3.442%, 02/01/2016   18,395,000 19,315,412
UBS AG      
7.625%, 08/17/2022   12,675,000 13,255,236
Unum Group      
7.125%, 09/30/2016   6,993,000 8,140,083
UnumProvident Finance Company PLC      
6.850%, 11/15/2015 (S)   9,155,000 10,193,571
USB Realty Corp.      
1.602%, 12/29/2049 (P)(Q)(S)   565,000 468,995
Ventas Realty LP      
4.000%, 04/30/2019   9,330,000 9,973,201

 

Bond Trust (continued)      
    Shares or  
    Principal  
    Amount Value
 
 
CORPORATE BONDS (continued)      
Financials (continued)      
Ventas Realty LP (continued)      
4.750%, 06/01/2021 $ 18,423,000 $ 20,251,685
Vornado Realty LP      
4.250%, 04/01/2015   11,620,000 12,279,853
W.R. Berkley Corp.      
5.600%, 05/15/2015   8,190,000 8,960,229
Wachovia Bank NA      
5.850%, 02/01/2037   8,975,000 11,300,611
Wachovia Corp.      
5.750%, 06/15/2017 to 02/01/2018   31,825,000 38,350,906
WEA Finance LLC      
6.750%, 09/02/2019 (S)   7,480,000 9,071,639
Willis Group Holdings PLC      
5.750%, 03/15/2021   9,650,000 10,899,260
Willis North America, Inc.      
6.200%, 03/28/2017   9,218,000 10,506,842
7.000%, 09/29/2019   9,685,000 11,516,569
 
      1,291,956,686
Health Care - 0.5%      
Medco Health Solutions, Inc.      
7.125%, 03/15/2018   20,350,000 25,557,524
Quest Diagnostics, Inc.      
6.400%, 07/01/2017   10,000,000 11,898,350
Watson Pharmaceuticals, Inc.      
3.250%, 10/01/2022   4,575,000 4,634,754
 
      42,090,628
Industrials - 2.8%      
Air Lease Corp.      
4.500%, 01/15/2016 (S)   2,680,000 2,680,000
5.625%, 04/01/2017 (S)   2,585,000 2,636,700
America West Airlines 2000-1 Pass      
Through Trust      
8.057%, 07/02/2020   2,607,360 2,776,838
Continental Airlines 1997-4 Class A Pass      
Through Trust      
6.900%, 01/02/2018   7,109,790 7,749,671
Continental Airlines 1998-1 Class A Pass      
Through Trust      
6.648%, 09/15/2017   3,521,845 3,803,593
Continental Airlines 1999-1 Class A Pass      
Through Trust      
6.545%, 02/02/2019   3,996,261 4,375,906
Continental Airlines 2007-1 Class A Pass      
Through Trust      
5.983%, 04/19/2022   14,108,674 15,731,171
Continental Airlines 2010-1 Class A Pass      
Through Trust      
4.750%, 01/12/2021   2,948,923 3,147,975
Delta Air Lines 2007-1 Class A Pass      
Through Trust      
6.821%, 08/10/2022   17,825,407 19,697,075
Delta Air Lines 2010-1 Class A Pass      
Through Trust      
6.200%, 07/02/2018   2,999,221 3,276,649
Delta Air Lines 2011-1 Class A Pass      
Through Trust      
5.300%, 04/15/2019   8,941,427 9,701,448
Embraer Overseas, Ltd.      
6.375%, 01/15/2020   7,410,000 8,484,450
ERAC USA Finance LLC      
5.900%, 11/15/2015 (S)   12,576,000 14,128,407

 

42

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Bond Trust (continued)      
    Shares or  
    Principal  
    Amount Value
 
 
CORPORATE BONDS (continued)      
Industrials (continued)      
Northwest Airlines 2002-1 Class G-2 Pass      
Through Trust      
6.264%, 11/20/2021 $ 3,335,108 $ 3,518,539
Northwest Airlines 2007-1 Class A Pass      
Through Trust      
7.027%, 11/01/2019   67,475 74,054
Odebrecht Finance, Ltd.      
6.000%, 04/05/2023 (S)   10,765,000 11,949,150
7.125%, 06/26/2042 (S)   9,300,000 10,336,950
7.500%, 09/14/2015 (Q)(S)   5,520,000 5,865,000
Penske Truck Leasing Company LP      
3.750%, 05/11/2017 (S)   13,655,000 14,011,027
Ryder System, Inc.      
3.500%, 06/01/2017   14,670,000 15,538,919
Textron, Inc.      
5.600%, 12/01/2017   6,839,000 7,577,126
6.200%, 03/15/2015   4,000,000 4,393,824
7.250%, 10/01/2019   6,440,000 7,601,377
UAL 2009-2A Pass Through Trust      
9.750%, 01/15/2017   9,288,924 10,635,818
US Airways 2012-1 Class A Pass      
Through Trust      
5.900%, 10/01/2024   5,100,000 5,393,250
Voto-Votorantim Overseas Trading      
Operations NV      
6.625%, 09/25/2019 (S)   12,010,000 13,841,525
Voto-Votorantim, Ltd.      
6.750%, 04/05/2021 (S)   11,845,000 13,740,200
Waste Management, Inc.      
2.600%, 09/01/2016   4,735,000 4,971,366
 
      227,638,008
Information Technology - 0.5%      
Computer Sciences Corp.      
4.450%, 09/15/2022   6,345,000 6,343,121
Fiserv, Inc.      
6.800%, 11/20/2017   10,005,000 11,927,471
Hewlett-Packard Company      
4.375%, 09/15/2021   6,035,000 6,183,642
Xerox Corp.      
2.950%, 03/15/2017   5,735,000 5,926,945
4.250%, 02/15/2015   11,927,000 12,667,142
 
      43,048,321
Materials - 2.0%      
Alcoa, Inc.      
5.400%, 04/15/2021   17,000,000 17,847,824
Allegheny Technologies, Inc.      
5.950%, 01/15/2021   3,850,000 4,250,646
9.375%, 06/01/2019   6,989,000 9,031,319
ArcelorMittal      
10.100%, 06/01/2019   10,110,000 11,647,256
Braskem Finance, Ltd.      
7.000%, 05/07/2020 (S)   16,420,000 18,883,000
CF Industries, Inc.      
6.875%, 05/01/2018   5,040,000 6,129,900
7.125%, 05/01/2020   12,035,000 15,103,925
Georgia-Pacific LLC      
7.250%, 06/01/2028   4,420,000 5,597,789
Incitec Pivot Finance LLC      
6.000%, 12/10/2019 (S)   9,055,000 10,036,254
International Paper Company      
7.950%, 06/15/2018   13,633,000 17,550,729
9.375%, 05/15/2019   8,915,000 12,056,967

 

Bond Trust (continued)      
    Shares or  
    Principal  
    Amount Value
 
 
CORPORATE BONDS (continued)      
Materials (continued)      
Teck Resources, Ltd.      
10.750%, 05/15/2019 $ 2,417,000 $ 2,912,727
Vale Overseas, Ltd.      
6.875%, 11/10/2039   7,075,000 8,260,791
Xstrata Canada Financial Corp.      
3.600%, 01/15/2017 (S)   19,690,000 20,599,186
 
      159,908,313
Telecommunication Services - 2.2%      
Alltel Corp.      
7.000%, 03/15/2016   11,111,000 13,321,278
American Tower Corp.      
4.700%, 03/15/2022   11,575,000 12,699,859
CenturyLink, Inc.      
6.450%, 06/15/2021   7,735,000 8,730,719
7.600%, 09/15/2039   7,775,000 8,230,778
Crown Castle Towers LLC      
4.883%, 08/15/2020 (S)   15,605,000 17,563,724
6.113%, 01/15/2020 (S)   12,065,000 14,533,523
GTP Acquisition Partners I LLC      
4.347%, 06/15/2016 (S)   14,475,000 15,272,616
GTP Towers Issuer LLC      
4.436%, 02/15/2015 (S)   5,280,000 5,487,340
Qwest Communications International, Inc.      
8.000%, 10/01/2015   6,315,000 6,597,198
Qwest Corp.      
7.500%, 10/01/2014   13,207,000 14,734,429
SBA Tower Trust      
2.933%, 12/15/2017 (S)   11,355,000 11,674,496
5.101%, 04/17/2017 (S)   11,983,000 13,355,593
Telecom Italia Capital SA      
5.250%, 11/15/2013   5,000,000 5,156,250
6.999%, 06/04/2018   7,350,000 8,103,375
7.200%, 07/18/2036   8,125,000 7,962,500
Telefonica Emisiones SAU      
2.582%, 04/26/2013   15,000,000 15,018,750
 
      178,442,428
Utilities - 1.6%      
Allegheny Energy Supply Company LLC      
5.750%, 10/15/2019 (S)   13,080,000 14,400,334
Beaver Valley II Funding      
9.000%, 06/01/2017   6,144,000 6,311,854
Commonwealth Edison Company      
5.800%, 03/15/2018   19,749,000 24,226,849
Exelon Generation Company LLC      
5.600%, 06/15/2042 (S)   5,810,000 6,244,036
6.250%, 10/01/2039   5,200,000 6,022,442
Integrys Energy Group, Inc. (6.110% to      
12/01/2016, then 3 month LIBOR + 2.120%)    
12/01/2066   16,785,000 17,624,250
Israel Electric Corp., Ltd.      
7.250%, 01/15/2019 (S)   4,435,000 4,823,794
ITC Holdings Corp.      
6.050%, 01/31/2018 (S)   4,760,000 5,647,788
Oncor Electric Delivery Company LLC      
5.000%, 09/30/2017   5,600,000 6,360,950
PNPP II Funding Corp.      
9.120%, 05/30/2016   713,000 750,625
PPL WEM Holdings PLC      
3.900%, 05/01/2016 (S)   10,295,000 10,836,826
Salton Sea Funding Corp., Series F      
7.475%, 11/30/2018   13,440 13,832

 

43

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Bond Trust (continued)    
  Shares or  
  Principal  
  Amount Value
 
 
CORPORATE BONDS (continued)    
Utilities (continued)    
Southern California Edison Company (6.250%    
to 02/01/2022, then 3 month    
LIBOR + 4.199%)    
02/01/2022 (Q) $ 6,275,000 $ 6,814,525
W3A Funding Corp.    
8.090%, 01/02/2017 88,465 91,872
Wisconsin Energy Corp. (6.250% to    
05/15/2017, then 3 month LIBOR + 2.113%)    
05/15/2067 16,330,000 17,391,450
 
    127,561,427
TOTAL CORPORATE BONDS (Cost $2,513,301,823) $ 2,680,579,484
 
MUNICIPAL BONDS - 0.2%    
State of California 7.600%, 11/01/2040 6,525,000 9,057,614
State of Illinois 5.100%, 06/01/2033 10,215,000 9,910,082
TOTAL MUNICIPAL BONDS (Cost $16,674,769) $ 18,967,696
 
CAPITAL PREFERRED SECURITIES - 1.1%    
Financials - 1.1%    
Allfirst Preferred Capital Trust    
1.955%, 07/15/2029 (P) 55,000 42,629
Fifth Third Capital Trust IV (6.500% to    
04/15/2017 then 3 month LIBOR + 1.368%)    
04/15/2037 18,976,000 19,023,440
MetLife Capital Trust X    
9.250%, 04/08/2038 (S) 7,305,000 9,642,600
PNC Financial Services Group, Inc. (6.750%    
to 08/01/2021, then 3 month    
LIBOR + 3.678%)    
08/01/2021 (Q) 4,445,000 4,967,421
PNC Preferred Funding Trust III (8.700% to    
03/15/2013, then 3 month LIBOR + 5.226%)    
03/15/2013 (Q)(S) 19,980,000 20,282,297
Sovereign Capital Trust VI    
7.908%, 06/13/2036 275,000 279,125
State Street Capital Trust III    
5.379%, 01/29/2049 (P) 14,567,000 14,568,894
State Street Capital Trust IV    
1.389%, 06/15/2037 (P) 19,925,000 14,759,683
ZFS Finance USA Trust II (6.450% to    
06/15/2016, then 3 month LIBOR + 2.000%)    
12/15/2065 (S) 6,225,000 6,598,500
 
    90,164,589
TOTAL CAPITAL PREFERRED    
SECURITIES (Cost $89,041,092) $ 90,164,589
 
COLLATERALIZED MORTGAGE    
OBLIGATIONS - 11.3%    
 
COMMERCIAL & RESIDENTIAL - 0.1%    
American Tower Trust    
Series 2007-1A, Class C,    
5.615%, 04/15/2037 (S) 1,735,000 1,817,310
Series 2007-1A, Class D,    
5.957%, 04/15/2037 (S) 4,125,000 4,307,255
Morgan Stanley Capital I, Series 2007-IQ13,    
Class A4 5.364%, 03/15/2044 325,000 370,707
 
U.S. GOVERNMENT AGENCY - 11.2%    
Federal Home Loan Mortgage Corp.,    
Series 4113, Class JH 3.000%, 07/15/2039 53,520,000 56,589,038
Federal Home Loan Mortgage Corp.    
Series K017, Class X1 IO,    
1.606%, 12/25/2021 (P) 80,820,410 8,078,242

 

Bond Trust (continued)      
    Shares or  
    Principal  
    Amount Value
 
 
U.S. GOVERNMENT AGENCY (continued)    
Federal Home Loan Mortgage Corp. (continued)    
Series K018, Class X1 IO,      
1.613%, 01/25/2022 (P) $ 110,951,025 $ 11,176,984
Series K708, Class X1 IO,      
1.645%, 01/25/2019 (P)   167,325,629 13,494,979
Series K709, Class X1 IO,      
1.678%, 03/25/2019 (P)   97,359,793 8,079,792
Series K707, Class X1 IO,      
1.696%, 12/25/2018 (P)   66,190,308 5,369,953
Series K710, Class X1 IO,      
1.915%, 05/25/2019 (P)   73,898,029 7,224,641
Series 3833, Class LI IO,      
2.074%, 10/15/2040 (P)   100,243,720 6,222,950
Series 4094, Class QA,      
3.000%, 11/15/2039   25,439,262 27,069,486
Series 4068, Class BH,      
3.000%, 06/15/2040   32,013,770 33,419,431
Series 4060, Class HC,      
3.000%, 03/15/2041   35,914,573 37,606,329
Series 4074, Class PA,      
3.000%, 05/15/2041   36,953,424 38,887,751
Series 4065, Class QA,      
3.000%, 08/15/2041   25,852,642 27,101,583
Series 4088, Class CA,      
3.000%, 03/15/2042   36,625,105 38,684,974
Series 3956, Class DJ,      
3.250%, 10/15/2036   54,947,970 56,500,744
Series 3972, Class PL IO,      
3.500%, 11/15/2031   11,321,353 1,359,104
Series 4068, Class AP,      
3.500%, 06/15/2040   38,693,919 41,710,574
Series 4027, Class TA,      
3.500%, 07/15/2041   45,538,594 48,521,508
Series 4023, Class EA,      
3.500%, 08/15/2041   22,620,331 24,145,303
Series 3630, Class BI IO,      
4.000%, 05/15/2027   2,235,346 89,608
Series 3738, Class IC IO,      
4.000%, 08/15/2029   12,256,594 1,004,962
Series 3738, Class MI IO,      
4.000%, 09/15/2034   35,085,743 1,495,839
Series 3908, Class PA,      
4.000%, 06/15/2039   15,550,850 16,757,113
Series 3943, Class DI IO,      
4.000%, 11/15/2039   43,923,261 6,352,665
Series 3609, Class LI IO,      
4.500%, 12/15/2024   22,731,962 1,825,247
Series 3623, Class LI IO,      
4.500%, 01/15/2025   3,572,395 285,558
Series 3747, Class HI IO,      
4.500%, 07/15/2037   82,647,659 9,585,104
Series 3699, Class MI IO,      
4.500%, 01/15/2038   39,068,831 4,636,423
Series 3794, Class PI IO,      
4.500%, 02/15/2038   20,392,721 1,862,836
Series 3714, Class KI IO,      
4.500%, 11/15/2039   26,069,038 2,639,107
Series 3927, Class IP IO,      
4.500%, 06/15/2040   18,537,128 2,629,126
Series 3947, Class PA,      
4.500%, 01/15/2041   17,623,829 19,808,919
Series 3934, Class PI IO,      
4.500%, 07/15/2041   25,995,274 4,258,936
Series 4030, Class BI IO,      
5.000%, 01/15/2042   23,204,706 4,357,099

 

44

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Bond Trust (continued)      
    Shares or  
    Principal  
    Amount Value
 
 
U.S. GOVERNMENT AGENCY (continued)    
Federal Home Loan Mortgage Corp. (continued)    
Series 4077, Class IK IO,      
5.000%, 07/15/2042 $ 30,526,122 $ 8,803,083
Series 3581, Class IO IO,      
6.000%, 10/15/2039   3,282,859 497,387
Federal National Mortgage Association      
Series 2012-110, Class MA,      
3.000%, 07/25/2041   38,705,000 41,372,016
Series 2012-67, Class KG,      
3.500%, 02/25/2041   11,803,193 12,975,002
Series 2011-146, Class MA,      
3.500%, 08/25/2041   28,040,874 30,174,504
Series 2012-98, Class JP,      
3.500%, 03/25/2042   34,831,879 37,879,668
Series 2010-93, Class AI IO,      
4.000%, 08/25/2020   8,478,408 579,472
Series 2010-14, Class IA IO,      
4.000%, 08/25/2027   8,288,729 345,704
Series 2010-14, Class AI IO,      
4.000%, 08/25/2027   5,386,698 224,667
Series 2010-36, Class BI IO,      
4.000%, 03/25/2028   6,364,636 303,443
Series 2011-71, Class BA,      
4.000%, 05/25/2037   23,308,995 24,912,211
Series 2009-66, Class EK,      
4.000%, 09/25/2039   21,455,493 22,419,274
Series 402, Class 4 IO,      
4.000%, 10/25/2039   12,699,023 1,612,663
Series 402, Class 3 IO,      
4.000%, 11/25/2039   8,657,394 1,174,604
Series 2010-23, Class KA,      
4.000%, 02/25/2040   13,766,360 14,396,405
Series 2011-49, Class LA,      
4.000%, 05/25/2041   27,885,554 30,251,448
Series 398, Class C3 IO,      
4.500%, 05/25/2039   10,050,038 1,452,903
Series 401, Class C2 IO,      
4.500%, 06/25/2039   5,485,634 767,096
Series 402, Class 7 IO,      
4.500%, 11/25/2039   16,596,418 2,357,156
Series 402, Class 8 IO,      
4.500%, 11/25/2039   19,766,498 2,724,116
Series 2011-73, Class PI IO,      
4.500%, 05/25/2041   13,012,934 2,136,393
Series 2012-21, Class IQ IO,      
4.500%, 09/25/2041   43,446,971 7,255,501
Series 2008-17, Class DP,      
4.750%, 02/25/2038   18,274,941 19,894,576
Series 2010-13, Class KI IO,      
5.000%, 12/25/2018   10,651,005 895,501
Series 2009-47, Class EI IO,      
5.000%, 08/25/2019   5,952,743 574,179
Series 2010-45, Class AI IO,      
5.000%, 02/25/2021   20,621,123 1,918,103
Series 366, Class 24 IO,      
5.000%, 10/01/2035   9,704,769 924,291
Series 2010-68, Class CI IO,      
5.000%, 11/25/2038   26,019,008 3,747,153
Series 407, Class 21 IO,      
5.000%, 01/25/2039   18,743,386 1,956,692
Series 2009-50, Class GI IO,      
5.000%, 05/25/2039   11,188,686 1,406,077
Series 407, Class 15 IO,      
5.000%, 01/25/2040   24,876,084 3,565,029
Series 407, Class 16 IO,      
5.000%, 01/25/2040   5,258,064 655,245

 

Bond Trust (continued)        
    Shares or    
    Principal    
    Amount   Value
 
U.S. GOVERNMENT AGENCY (continued)      
Federal National Mortgage        
Association (continued)        
Series 407, Class 17 IO,        
5.000%, 01/25/2040 (P) $ 4,802,481 $ 682,855
Series 407, Class 7 IO,        
5.000%, 03/25/2041   18,393,656   3,377,666
Series 407, Class 8 IO,        
5.000%, 03/25/2041   8,440,400   1,390,159
Series 407, Class C6 IO,        
5.500%, 01/25/2040   43,302,977   7,554,393
Government National Mortgage Association      
Series 2012-114, Class IO,        
1.024%, 01/16/2053 (P)   58,625,000   5,656,396
Series 2009-103, Class DC,        
3.500%, 09/16/2039   9,539,234   10,118,933
Series 2009-69, Class PC,        
4.000%, 07/16/2039   14,793,978   15,731,206
Series 2009-40, Class BI IO,        
4.500%, 09/20/2036   34,033,942   2,834,636
Series 2009-123, Class DI, IO,        
4.500%, 07/20/2037   11,979,061   979,918
Series 2010-78, Class AI IO,        
4.500%, 04/20/2039   16,864,908   1,070,146
Series 5927, Class AI,        
4.500%, 08/01/2041   5,328,852   5,854,868
 
        904,234,646
TOTAL COLLATERALIZED MORTGAGE      
OBLIGATIONS (Cost $937,025,223)     $ 910,729,918
 
ASSET BACKED SECURITIES - 0.1%        
Asset Backed Funding Certificates,        
Series 2005-HE1, Class M1        
0.637%, 03/25/2035 (P)   7,248,885   5,863,051
Bayview Financial Acquisition Trust,        
Series 2006-A, Class 2A3        
0.566%, 02/28/2041 (P)   1,313,768   1,235,413
TOTAL ASSET BACKED SECURITIES (Cost $7,468,140) $ 7,098,464
 
PREFERRED SECURITIES - 0.2%        
Financials - 0.2%        
PNC Financial Services Group, Inc.,        
6.125%   534,775   14,690,269
TOTAL PREFERRED SECURITIES (Cost $13,369,375) $ 14,690,269
 
SECURITIES LENDING COLLATERAL - 0.3%      
John Hancock Collateral        
Investment Trust, 0.3462% (W)(Y)   2,549,464   25,516,568
TOTAL SECURITIES LENDING        
COLLATERAL (Cost $25,515,293)     $ 25,516,568
 
SHORT-TERM INVESTMENTS - 0.8%        
Repurchase Agreement - 0.6%        
Repurchase Agreement with State Street Corp.      
dated 09/28/2012 at 0.010% to be        
repurchased at $50,000,042 on 10/01/2012,      
collateralized by $48,630,000 U.S. Treasury      
Notes, 1.750% due 05/30/2016 (valued at      
$51,000,713, including interest) * $ 50,000,000 $ 50,000,000

 

45

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Bond Trust (continued)        
    Shares or    
    Principal    
    Amount   Value
 
 
SHORT-TERM INVESTMENTS (continued)      
U.S. Government Agency - 0.2%        
Federal Home Loan Bank Discount Note,        
0.0010%, 10/01/2012 $ 12,500,000 $ 12,500,000
TOTAL SHORT-TERM INVESTMENTS (Cost $62,500,000) $ 62,500,000
Total Investments (Bond Trust) (Cost $7,721,306,938) - 98.1% $ 7,929,369,860
Other assets and liabilities, net - 1.9%       152,987,110
TOTAL NET ASSETS - 100.0%     $ 8,082,356,970
 
 
 
Bond PS Series        
    Shares or    
    Principal    
    Amount   Value
 
 
U.S. GOVERNMENT & AGENCY        
OBLIGATIONS - 49.2%        
U.S. Government - 18.1%        
U.S. Treasury, Bond 3.000%, 05/15/2042 $ 3,795,000 $ 3,940,872
U.S. Treasury Notes        
0.500%, 07/31/2017   3,820,000   3,802,092
0.625%, 08/31/2017   2,000,000   2,001,718
0.875%, 11/30/2016 to 04/30/2017   11,070,000   11,241,461
1.000%, 03/31/2017 to 06/30/2019   6,425,000   6,497,236
1.625%, 08/15/2022   11,764,000   11,754,812
U.S. Treasury Strips, PO 3.227%, 11/15/2030 995,000   609,207
        39,847,398
U.S. Government Agency - 31.1%        
Federal Home Loan Mortgage Corp.        
1.750%, 05/30/2019   810,000   839,149
2.682%, 11/01/2041 (P)   1,247,818   1,300,973
3.000%, 07/01/2042 to 08/01/2042   1,011,015   1,066,777
3.500%, 05/01/2042   2,259,674   2,427,208
4.000%, TBA   1,250,000   1,343,652
4.000%, 11/01/2041   4,102,876   4,403,379
4.500%, 06/01/2039 to 10/01/2040   2,423,912   2,605,677
5.000%, 04/01/2041   608,811   662,819
5.500%, 10/01/2039   585,563   637,303
6.500%, 12/01/2036 to 09/01/2039   1,843,917   2,065,322
Federal National Mortgage Association        
1.919%, 08/01/2042 (P)   1,990,712   2,063,838
2.498%, 02/01/2042 (P)   529,161   554,963
2.616%, 02/01/2042 (P)   645,426   678,900
2.994%, 02/01/2042 (P)   557,241   596,074
3.000%, TBA   4,000,000   4,212,493
3.000%, 08/01/2042   707,885   747,896
3.000%, 09/01/2042   1,155,000   1,220,283
3.500%, TBA   900,000   965,039
3.500%, 06/01/2042 to 11/25/2042   8,680,485   8,108,591
3.907%, 02/01/2040 (P)   659,231   708,192
4.000%, 09/01/2041   1,612,981   1,784,424
4.500%, 09/01/2039 to 02/01/2042   7,751,697   8,450,202
5.000%, 04/01/2035 to 07/01/2041   12,576,810   13,799,483
5.500%, 05/01/2038 to 01/01/2039   1,482,839   1,623,014
6.000%, 01/01/2037 to 06/01/2040   2,757,379   3,050,298
6.500%, 10/01/2037 to 11/01/2037   1,438,186   1,615,771
Government National Mortgage Association        
4.000%, 05/15/2041   687,348   758,338
        68,290,058
TOTAL U.S. GOVERNMENT & AGENCY        
OBLIGATIONS (Cost $106,927,990)     $ 108,137,456

 

Bond PS Series (continued)    
  Shares or  
  Principal  
  Amount Value
 
 
FOREIGN GOVERNMENT    
OBLIGATIONS - 0.1%    
South Korea - 0.1%    
Korea Development Bank 4.000%, 09/09/2016 $ 300,000 $ 326,059
TOTAL FOREIGN GOVERNMENT    
OBLIGATIONS (Cost $326,478) $ 326,059
 
CORPORATE BONDS - 34.8%    
Consumer Discretionary - 3.5%    
Best Buy Company, Inc.    
7.000%, 07/15/2013 270,000 277,993
CBS Corp.    
7.875%, 07/30/2030 395,000 537,736
Daimler Finance North America LLC    
2.625%, 09/15/2016 (S) 480,000 500,878
DIRECTV Holdings LLC    
3.500%, 03/01/2016 672,000 715,206
Expedia, Inc.    
5.950%, 08/15/2020 375,000 413,695
Ford Motor Credit Company LLC    
4.250%, 09/20/2022 200,000 203,852
5.000%, 05/15/2018 965,000 1,053,772
8.000%, 12/15/2016 285,000 340,724
Grupo Televisa SAB    
6.625%, 01/15/2040 220,000 290,575
Hyundai Capital Services, Inc.    
4.375%, 07/27/2016 (S) 380,000 409,697
Hyundai Motor Manufacturing    
4.500%, 04/15/2015 (S) 200,000 213,661
Kia Motors Corp.    
3.625%, 06/14/2016 (S) 200,000 210,375
Macy’s Retail Holdings, Inc.    
7.875%, 08/15/2036 193,000 207,939
Mattel, Inc.    
2.500%, 11/01/2016 215,000 224,715
News America, Inc.    
6.150%, 03/01/2037 to 02/15/2041 295,000 359,507
6.400%, 12/15/2035 90,000 111,642
Nissan Motor Acceptance Corp.    
1.950%, 09/12/2017 (S) 370,000 373,364
QVC, Inc.    
5.125%, 07/02/2022 (S) 60,000 63,225
Staples, Inc.    
9.750%, 01/15/2014 300,000 331,918
The Interpublic Group of Companies, Inc.    
10.000%, 07/15/2017 175,000 194,469
Time Warner Cable, Inc.    
6.750%, 07/01/2018 425,000 534,626
UBM PLC    
5.750%, 11/03/2020 (S) 105,000 109,937
 
    7,679,506
Consumer Staples - 1.1%    
Bunge, Ltd. Finance Corp.    
4.100%, 03/15/2016 250,000 267,960
8.500%, 06/15/2019 265,000 335,812
Pernod-Ricard SA    
2.950%, 01/15/2017 (S) 285,000 297,400
SABMiller Holdings, Inc.    
2.450%, 01/15/2017 (S) 250,000 261,544
Safeway, Inc.    
3.400%, 12/01/2016 460,000 481,695
7.250%, 02/01/2031 255,000 272,215
The Kroger Company    
6.400%, 08/15/2017 425,000 514,435
 
    2,431,061

 

46

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Bond PS Series (continued)      
    Shares or  
    Principal  
    Amount Value
 
 
CORPORATE BONDS (continued)      
Energy - 3.2%      
DCP Midstream LLC      
9.750%, 03/15/2019 (S) $ 425,000 $ 546,385
Energy Transfer Partners LP      
5.200%, 02/01/2022   275,000 305,125
5.950%, 02/01/2015   225,000 247,010
9.700%, 03/15/2019   275,000 363,441
Enterprise Products Operating LLC      
6.500%, 01/31/2019   955,000 1,184,466
6.650%, 04/15/2018   150,000 184,446
Kerr-McGee Corp.      
6.950%, 07/01/2024   605,000 781,212
Kinder Morgan Energy Partners LP      
7.750%, 03/15/2032   270,000 350,928
NuStar Logistics LP      
7.900%, 04/15/2018   225,000 255,186
ONEOK Partners LP      
6.150%, 10/01/2016   318,000 370,991
Petrohawk Energy Corp.      
6.250%, 06/01/2019   595,000 670,488
Petroleos Mexicanos      
4.875%, 01/24/2022   310,000 350,300
Spectra Energy Capital LLC      
5.668%, 08/15/2014   122,000 132,063
6.200%, 04/15/2018   215,000 260,108
TransCanada Pipelines, Ltd. (6.350% to      
5-15-17, then 3 month LIBOR + 2.210%)      
05/15/2067   350,000 374,339
Weatherford International, Inc.      
6.800%, 06/15/2037   100,000 109,568
Williams Partners LP      
7.250%, 02/01/2017   475,000 577,720
 
      7,063,776
Financials - 16.8%      
Abbey National Treasury Services PLC      
4.000%, 04/27/2016   495,000 514,902
Aflac, Inc.      
8.500%, 05/15/2019   345,000 462,166
American Express Company      
7.000%, 03/19/2018   65,000 82,284
American International Group, Inc.      
3.800%, 03/22/2017   140,000 150,617
8.250%, 08/15/2018   285,000 366,573
Aon Corp.      
8.205%, 01/01/2027   130,000 162,791
AXA SA      
8.600%, 12/15/2030   250,000 302,530
AXA SA (6.379% to 12/14/2036, then      
3 month LIBOR + 2.256%)      
12/14/2036 (Q)(S)   350,000 315,000
Banco de Credito del Peru      
4.750%, 03/16/2016 (S)   250,000 263,750
Bank of America Corp.      
6.500%, 08/01/2016   190,000 219,775
Bank of America NA      
5.300%, 03/15/2017   100,000 111,067
6.000%, 10/15/2036   250,000 293,776
Barclays Bank PLC      
5.000%, 09/22/2016   515,000 572,069
6.050%, 12/04/2017 (S)   505,000 543,536
10.179%, 06/12/2021 (S)   105,000 136,409
BB&T Corp.      
2.150%, 03/22/2017   250,000 259,499
BioMed Realty LP      
6.125%, 04/15/2020   50,000 58,072

 

Bond PS Series (continued)    
    Shares or  
    Principal  
    Amount Value
 
 
CORPORATE BONDS (continued)      
Financials (continued)      
Boston Properties LP      
3.700%, 11/15/2018 $ 185,000 $ 200,652
Brandywine Operating Partnership LP      
7.500%, 05/15/2015   355,000 401,625
Capital One Financial Corp.      
6.150%, 09/01/2016   540,000 616,520
6.750%, 09/15/2017   320,000 392,020
Citigroup, Inc.      
5.850%, 12/11/2034   71,000 83,937
CNA Financial Corp.      
5.850%, 12/15/2014   260,000 282,100
6.500%, 08/15/2016   275,000 316,861
7.250%, 11/15/2023   415,000 512,544
CubeSmart LP      
4.800%, 07/15/2022   180,000 194,815
Discover Bank      
7.000%, 04/15/2020   250,000 301,178
Discover Financial Services      
5.200%, 04/27/2022 (S)   450,000 493,163
First Horizon National Corp.      
5.375%, 12/15/2015   745,000 815,066
General Electric Capital Corp.      
4.375%, 09/16/2020   310,000 341,939
5.625%, 05/01/2018   395,000 465,937
6.000%, 08/07/2019   485,000 590,003
Goodman Funding Pty, Ltd.      
6.375%, 04/15/2021 (S)   370,000 406,220
Hartford Financial Services Group, Inc.      
5.500%, 03/30/2020   130,000 147,150
6.000%, 01/15/2019   129,000 146,388
6.300%, 03/15/2018   350,000 405,626
6.625%, 03/30/2040   80,000 96,470
HCP, Inc.      
5.625%, 05/01/2017   455,000 515,986
6.300%, 09/15/2016   135,000 154,688
Health Care REIT, Inc.      
4.700%, 09/15/2017   185,000 204,227
4.950%, 01/15/2021   110,000 120,269
6.125%, 04/15/2020   525,000 610,502
6.200%, 06/01/2016   50,000 56,419
Healthcare Realty Trust, Inc.      
6.500%, 01/17/2017   425,000 484,454
ICICI Bank, Ltd.      
4.700%, 02/21/2018 (S)   290,000 302,347
5.750%, 11/16/2020 (S)   200,000 212,861
International Lease Finance Corp.      
7.125%, 09/01/2018 (S)   255,000 297,075
Jefferies Group, Inc.      
6.875%, 04/15/2021   325,000 349,781
8.500%, 07/15/2019   145,000 166,388
JPMorgan Chase & Company      
3.450%, 03/01/2016   65,000 69,318
4.250%, 10/15/2020   610,000 666,619
6.000%, 01/15/2018   780,000 930,181
JPMorgan Chase & Company (7.900% to      
04/30/2018, then 3 month LIBOR + 3.470%)    
04/30/2018 (Q)   185,000 210,110
Liberty Mutual Group, Inc.      
4.950%, 05/01/2022 (S)   159,000 166,352
5.000%, 06/01/2021 (S)   490,000 518,043
6.500%, 05/01/2042 (S)   200,000 216,744
Lincoln National Corp.      
4.200%, 03/15/2022   175,000 183,002
8.750%, 07/01/2019   225,000 294,860

 

47

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Bond PS Series (continued)    
    Shares or  
    Principal  
    Amount Value
 
 
CORPORATE BONDS (continued)      
Financials (continued)      
Lincoln National Corp. (6.050% to      
04/20/2017, then 3 month LIBOR + 2.040%)    
04/20/2067 $ 305,000 $ 298,519
Macquarie Bank, Ltd.      
6.625%, 04/07/2021 (S)   150,000 160,547
Macquarie Group, Ltd.      
6.000%, 01/14/2020 (S)   300,000 321,507
Merrill Lynch & Company, Inc.      
6.875%, 04/25/2018   545,000 653,126
7.750%, 05/14/2038   315,000 395,992
Moody’s Corp.      
4.500%, 09/01/2022   195,000 206,791
Morgan Stanley      
5.550%, 04/27/2017   520,000 570,203
5.750%, 01/25/2021   430,000 472,084
6.000%, 04/28/2015   145,000 157,144
6.375%, 07/24/2042   275,000 303,215
7.300%, 05/13/2019   425,000 501,579
National Australia Bank      
2.750%, 03/09/2017   310,000 325,137
Nordea Bank AB      
3.125%, 03/20/2017 (S)   550,000 575,310
ProLogis LP      
4.500%, 08/15/2017   200,000 215,296
6.250%, 03/15/2017   310,000 355,050
7.625%, 08/15/2014   100,000 109,737
Prudential Covered Trust 2012-1      
2.997%, 09/30/2015 (S)   435,000 451,932
Prudential Financial, Inc. (5.875% to      
09/15/2022, then 3 month LIBOR + 4.175%)    
09/15/2042   315,000 322,875
Rabobank Nederland NV      
3.375%, 01/19/2017   645,000 684,747
Rabobank Nederland NV (11.000% to      
06/30/2019, then 3 month      
LIBOR + 10.868%)      
12/29/2049 (S)   375,000 492,656
RBS Citizens Financial Group, Inc.      
4.150%, 09/28/2022 (S)   105,000 105,221
Royal Bank of Scotland Group PLC      
2.550%, 09/18/2015   555,000 561,678
Santander Holdings USA, Inc.      
4.625%, 04/19/2016   250,000 261,947
Sberbank of Russia      
6.125%, 02/07/2022 (S)   250,000 276,250
SunTrust Banks, Inc.      
3.500%, 01/20/2017   615,000 660,226
Svenska Handelsbanken AB      
2.875%, 04/04/2017   535,000 563,161
Swedbank AB      
2.125%, 09/29/2017 (S)   365,000 365,334
TD Ameritrade Holding Corp.      
4.150%, 12/01/2014   220,000 235,090
Teachers Insurance & Annuity Association of    
America      
6.850%, 12/16/2039 (S)   365,000 501,789
The Chubb Corp. (6.375% until 04/15/2017,    
then 3 month LIBOR + 2.250%)      
03/29/2067   420,000 447,300
The Goldman Sachs Group, Inc.      
3.700%, 08/01/2015   170,000 179,307
6.150%, 04/01/2018   680,000 793,870
6.750%, 10/01/2037   430,000 461,109
The Hanover Insurance Group, Inc.      
6.375%, 06/15/2021   15,000 17,172

 

Bond PS Series (continued)    
    Shares or  
    Principal  
    Amount Value
 
 
CORPORATE BONDS (continued)      
Financials (continued)      
U.S. Bancorp      
3.442%, 02/01/2016 $ 370,000 $ 388,513
UBS AG      
7.625%, 08/17/2022   320,000 334,649
Unum Group      
7.125%, 09/30/2016   250,000 291,008
UnumProvident Finance Company PLC      
6.850%, 11/15/2015 (S)   220,000 244,957
USB Realty Corp.      
1.602%, 01/15/2017 (P)(Q)(S)   100,000 83,008
Ventas Realty LP      
4.000%, 04/30/2019   335,000 358,095
4.750%, 06/01/2021   555,000 610,090
Vornado Realty LP      
4.250%, 04/01/2015   265,000 280,048
W.R. Berkley Corp.      
5.600%, 05/15/2015   172,000 188,176
Wachovia Bank NA      
5.850%, 02/01/2037   200,000 251,824
Wachovia Corp.      
5.750%, 06/15/2017 to 02/01/2018   930,000 1,120,745
WEA Finance LLC      
6.750%, 09/02/2019 (S)   155,000 187,982
Willis Group Holdings PLC      
5.750%, 03/15/2021   250,000 282,364
Willis North America, Inc.      
6.200%, 03/28/2017   180,000 205,167
7.000%, 09/29/2019   250,000 297,279
 
      36,882,062
Health Care - 0.5%      
Medco Health Solutions, Inc.      
7.125%, 03/15/2018   565,000 709,582
Quest Diagnostics, Inc.      
6.400%, 07/01/2017   250,000 297,459
Watson Pharmaceuticals, Inc.      
3.250%, 10/01/2022   125,000 126,633
 
      1,133,674
Industrials - 3.2%      
Air Lease Corp.      
4.500%, 01/15/2016 (S)   75,000 75,000
5.625%, 04/01/2017 (S)   55,000 56,100
Continental Airlines 1997-4 Class A Pass      
Through Trust      
6.900%, 01/02/2018   99,454 108,405
Continental Airlines 2010-1 Class A Pass      
Through Trust      
4.750%, 01/12/2021   28,630 30,563
Continental Airlines 2012-2 Class B Pass Thru    
Certificates      
5.500%, 10/29/2020   2,000,000 2,045,000
Delta Air Lines 2007-1 Class A Pass      
Through Trust      
6.821%, 08/10/2022   553,562 611,686
Delta Air Lines 2010-1 Class A Pass      
Through Trust      
6.200%, 07/02/2018   63,904 69,815
Delta Air Lines 2011-1 Class A Pass      
Through Trust      
5.300%, 04/15/2019   204,801 222,209
Embraer Overseas, Ltd.      
6.375%, 01/15/2020   180,000 206,100
ERAC USA Finance LLC      
5.900%, 11/15/2015 (S)   248,000 278,614

 

48

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Bond PS Series (continued)      
    Shares or  
    Principal  
    Amount Value
 
 
CORPORATE BONDS (continued)      
Industrials (continued)      
Odebrecht Finance, Ltd.      
6.000%, 04/05/2023 (S) $ 400,000 $ 444,000
7.125%, 06/26/2042 (S)   400,000 444,600
7.500%, 09/14/2015 (Q)(S)   100,000 106,250
Penske Truck Leasing Company LP      
3.750%, 05/11/2017 (S)   520,000 533,558
Ryder System, Inc.      
3.500%, 06/01/2017   330,000 349,546
Textron, Inc.      
5.600%, 12/01/2017   150,000 166,189
6.200%, 03/15/2015   70,000 76,892
7.250%, 10/01/2019   145,000 171,149
UAL 2009-2A Pass Through Trust      
9.750%, 01/15/2017   139,533 159,766
US Airways 2012-1 Class A Pass      
Through Trust      
5.900%, 10/01/2024   100,000 105,750
Voto-Votorantim Overseas Trading      
Operations NV      
6.625%, 09/25/2019 (S)   300,000 345,750
Voto-Votorantim, Ltd.      
6.750%, 04/05/2021 (S)   300,000 348,000
Waste Management, Inc.      
2.600%, 09/01/2016   85,000 89,243
 
      7,044,185
Information Technology - 0.6%      
Computer Sciences Corp.      
4.450%, 09/15/2022   175,000 174,948
Fiserv, Inc.      
6.800%, 11/20/2017   335,000 399,371
Hewlett-Packard Company      
4.375%, 09/15/2021   265,000 271,527
Xerox Corp.      
2.950%, 03/15/2017   280,000 289,371
4.250%, 02/15/2015   260,000 276,135
 
      1,411,352
Materials - 2.2%      
Alcoa, Inc.      
5.400%, 04/15/2021   420,000 440,946
Allegheny Technologies, Inc.      
5.950%, 01/15/2021   300,000 331,219
9.375%, 06/01/2019   300,000 387,666
ArcelorMittal      
10.100%, 06/01/2019   275,000 316,815
Braskem Finance, Ltd.      
7.000%, 05/07/2020 (S)   600,000 690,000
CF Industries, Inc.      
6.875%, 05/01/2018   250,000 304,063
7.125%, 05/01/2020   335,000 420,425
Georgia-Pacific LLC      
7.250%, 06/01/2028   90,000 113,982
Incitec Pivot Finance LLC      
6.000%, 12/10/2019 (S)   180,000 199,506
International Paper Company      
7.950%, 06/15/2018   400,000 514,948
9.375%, 05/15/2019   200,000 270,487
Teck Resources, Ltd.      
10.750%, 05/15/2019   30,000 36,153
Vale Overseas, Ltd.      
6.875%, 11/10/2039   190,000 221,845
Xstrata Canada Financial Corp.      
3.600%, 01/15/2017 (S)   470,000 491,702
 
      4,739,757

 

Bond PS Series (continued)    
    Shares or  
    Principal  
    Amount Value
 
CORPORATE BONDS (continued)      
Telecommunication Services - 2.3%      
Alltel Corp.      
7.000%, 03/15/2016 $ 292,000 $ 350,087
American Tower Corp.      
4.700%, 03/15/2022   350,000 384,013
CenturyLink, Inc.      
6.450%, 06/15/2021   410,000 462,779
7.600%, 09/15/2039   190,000 201,138
Crown Castle Towers LLC      
4.883%, 08/15/2020 (S)   435,000 489,601
6.113%, 01/15/2020 (S)   200,000 240,920
GTP Acquisition Partners I LLC      
4.347%, 06/15/2016 (S)   450,000 474,796
GTP Towers Issuer LLC      
4.436%, 02/15/2015 (S)   250,000 259,817
Qwest Communications International, Inc.      
8.000%, 10/01/2015   220,000 229,831
Qwest Corp.      
7.500%, 10/01/2014   250,000 278,913
SBA Tower Trust      
2.933%, 12/15/2017 (S)   275,000 282,738
5.101%, 04/17/2017 (S)   380,000 423,527
Telecom Italia Capital SA      
5.250%, 11/15/2013   85,000 87,656
6.999%, 06/04/2018   250,000 275,625
7.200%, 07/18/2036   150,000 147,000
Telefonica Emisiones SAU      
2.582%, 04/26/2013   400,000 400,500
 
      4,988,941
Utilities - 1.4%      
Allegheny Energy Supply Company LLC      
5.750%, 10/15/2019 (S)   405,000 445,882
Commonwealth Edison Company      
5.800%, 03/15/2018   655,000 803,513
Exelon Generation Company LLC      
5.600%, 06/15/2042 (S)   145,000 155,832
6.250%, 10/01/2039   105,000 121,607
Integrys Energy Group, Inc. (6.110% to      
12/01/2016, then 3 month LIBOR + 2.120%)    
12/01/2066   225,000 236,250
Israel Electric Corp., Ltd.      
7.250%, 01/15/2019 (S)   100,000 108,767
Oncor Electric Delivery Company LLC      
5.000%, 09/30/2017   300,000 340,765
PNPP II Funding Corp.      
9.120%, 05/30/2016   81,000 85,274
PPL WEM Holdings PLC      
3.900%, 05/01/2016 (S)   290,000 305,263
Southern California Edison Company (6.250%    
to 02/01/2022, then 3 month      
LIBOR + 4.199%)      
02/01/2022 (Q)   105,000 114,028
Wisconsin Energy Corp. (6.250% to      
05/15/2017, then 3 month LIBOR + 2.113%)    
05/15/2067   300,000 319,500
 
      3,036,681
TOTAL CORPORATE BONDS (Cost $73,079,737) $ 76,410,995
 
CAPITAL PREFERRED SECURITIES - 0.9%    
Financials - 0.9%      
Fifth Third Capital Trust IV (6.500% to      
04/15/2017 then 3 month LIBOR + 1.368%)    
04/15/2037   375,000 375,938

 

49

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Bond PS Series (continued)    
    Shares or  
    Principal  
    Amount Value
 
 
CAPITAL PREFERRED SECURITIES (continued)  
Financials (continued)      
MetLife Capital Trust X      
9.250%, 04/08/2038 (S) $ 270,000 $ 356,400
PNC Financial Services Group, Inc. (6.750%    
to 08/01/2021, then 3 month      
LIBOR + 3.678%)      
08/01/2021 (Q)   90,000 100,578
PNC Preferred Funding Trust III (8.700% to    
03/15/2013, then 3 month LIBOR + 5.226%)    
03/15/2013 (Q)(S)   475,000 482,187
State Street Capital Trust III      
5.379%, 10/04/2012 (P)(Q)   180,000 180,023
State Street Capital Trust IV      
1.389%, 06/15/2037 (P)   465,000 344,454
ZFS Finance USA Trust II (6.450% to      
06/15/2016, then 3 month LIBOR + 2.000%)    
12/15/2065 (S)   75,000 79,500
 
      1,919,080
TOTAL CAPITAL PREFERRED      
SECURITIES (Cost $1,860,446)   $ 1,919,080
 
MUNICIPAL BONDS - 0.2%      
State of California 7.600%, 11/01/2040   160,000 222,102
State of Illinois 5.100%, 06/01/2033   240,000 232,836
TOTAL MUNICIPAL BONDS (Cost $416,857) $ 454,938
 
COLLATERALIZED MORTGAGE      
OBLIGATIONS - 10.8%      
Commercial & Residential - 0.2%      
American Tower Trust      
Series 2007-1A, Class C,      
5.615%, 04/15/2037 (S)   260,000 272,335
Series 2007-1A, Class D,      
5.957%, 04/15/2037 (S)   115,000 120,081
 
      392,416
U.S. Government Agency - 10.6%      
Federal Home Loan Mortgage Corp.      
Series K017, Class X1 IO,      
1.606%, 12/25/2021   1,951,799 195,088
Series K018, Class X1 IO,      
1.613%, 01/25/2022   2,218,323 223,469
Series K708, Class X1 IO,      
1.645%, 01/25/2019   3,572,238 288,105
Series K709, Class X1 IO,      
1.678%, 03/25/2019   2,162,108 179,431
Series K707, Class X1 IO,      
1.696%, 12/25/2018   1,382,917 112,195
Series K710, Class X1 IO,      
1.915%, 05/25/2019   1,759,001 171,969
Series 4094, Class QA,      
3.000%, 11/15/2039   996,446 1,060,301
Series 4068, Class BH,      
3.000%, 06/15/2040   711,966 743,227
Series 4060, Class HC,      
3.000%, 03/15/2041   826,867 865,817
Series 4074, Class PA,      
3.000%, 05/15/2041   1,310,722 1,379,332
Series 4065, Class QA,      
3.000%, 08/15/2041   567,225 594,628
Series 4088, Class CA,      
3.000%, 03/15/2042   1,321,756 1,396,094
Series 4113, Class JH,      
3.000%, 09/01/2042   1,480,000 1,564,869

 

Bond PS Series (continued)    
    Shares or  
    Principal  
    Amount Value
 
 
COLLATERALIZED MORTGAGE      
OBLIGATIONS (continued)      
U.S. Government Agency (continued)      
Federal Home Loan Mortgage Corp. (continued)    
Series 3956, Class DJ,      
3.250%, 10/15/2036 $ 1,296,849 $ 1,333,497
Series 3972, Class PL IO,      
3.500%, 11/15/2031   2,231,348 267,868
Series 4068, Class AP,      
3.500%, 06/15/2040   856,126 922,871
Series 4027, Class TA,      
3.500%, 07/15/2041   946,789 1,008,806
Series 4023, Class EA,      
3.500%, 08/15/2041   959,947 1,024,663
Series 3908, Class PA,      
4.000%, 06/15/2039   268,338 289,153
Series 3943, Class DI IO,      
4.000%, 11/15/2039   1,913,157 276,702
Series 3940, Class PA,      
4.000%, 02/15/2041   2,689,495 2,825,710
Series 3830, Class NI IO,      
4.500%, 01/15/2036   2,581,761 258,945
Series 3927, Class IP IO,      
4.500%, 06/15/2040   899,630 127,595
Series 3947, Class PA,      
4.500%, 01/15/2041   468,719 526,833
Series 3934, Class PI IO,      
4.500%, 07/15/2041   910,305 149,140
Series 4030, Class BI IO,      
5.000%, 01/15/2042   473,759 88,957
Series 4077, Class IK IO,      
5.000%, 07/15/2042   835,587 240,966
Federal National Mortgage Association      
Series 2012-110, Class MA,      
3.000%, 07/25/2041   1,060,000 1,133,041
Series 2012-67, Class KG,      
3.500%, 02/25/2041   262,661 288,737
Series 2011-146, Class MA,      
3.500%, 08/25/2041   1,002,454 1,078,731
Series 2012-98, Class JP,      
3.500%, 03/25/2042   847,612 921,778
Series 2010-93, Class AI IO,      
4.000%, 08/25/2020   256,921 17,560
Series 2011-71, Class BA,      
4.000%, 05/25/2037   651,389 696,192
Series 2011-49, Class LA,      
4.000%, 05/25/2041   129,392 140,370
Series 2011-73, Class PL IO,      
4.500%, 05/25/2041   855,906 140,518
Series 2012-21, Class IQ IO,      
4.500%, 09/25/2041   918,454 153,379
Series 407, Class 21 IO,      
5.000%, 01/25/2039   87,750 9,161
Series 407, Class 15 IO,      
5.000%, 01/25/2040   107,772 15,445
Series 407, Class 16 IO,      
5.000%, 01/25/2040   60,092 7,489
Series 407, Class 17 IO,      
5.000%, 01/25/2040   69,682 9,908
Series 407, Class C6 IO,      
5.500%, 01/25/2040   1,893,937 330,406

 

50

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Bond PS Series (continued)    
    Shares or  
    Principal  
    Amount Value
 
 
COLLATERALIZED MORTGAGE      
OBLIGATIONS (continued)      
U.S. Government Agency (continued)      
Government National Mortgage Association,    
Series 2012-114, Class IO      
1.024%, 01/16/2053 $ 1,655,000 $ 159,682
      23,218,628
TOTAL COLLATERALIZED MORTGAGE    
OBLIGATIONS (Cost $23,767,033)   $ 23,611,044
 
SHORT-TERM INVESTMENTS - 2.3%      
U.S. Government - 2.3%      
U.S. Treasury Bill 0.096%, 11/23/2012 *   5,060,000 5,059,285
TOTAL SHORT-TERM INVESTMENTS (Cost $5,059,285) $ 5,059,285
Total Investments (Bond PS Series)      
(Cost $211,437,826) - 98.3%   $ 215,918,857
Other assets and liabilities, net - 1.7%     3,632,799
TOTAL NET ASSETS - 100.0%   $ 219,551,656
 
 
 
Capital Appreciation Trust    
    Shares or  
    Principal  
    Amount Value
 
COMMON STOCKS - 100.0%      
Consumer Discretionary - 22.6%      
Auto Components - 0.7%      
BorgWarner, Inc. (I)(L)   118,412 $ 8,183,453
Hotels, Restaurants & Leisure - 4.6%      
Chipotle Mexican Grill, Inc. (I)   43,521 13,819,658
Dunkin’ Brands Group, Inc. (L)   347,992 10,159,626
Starbucks Corp.   193,637 9,827,078
Yum! Brands, Inc.   242,936 16,116,374
 
      49,922,736
Internet & Catalog Retail - 5.0%      
Amazon.com, Inc. (I)   148,039 37,649,278
priceline.com, Inc. (I)   27,024 16,720,560
 
      54,369,838
Media - 1.6%      
The Walt Disney Company   329,096 17,205,139
Multiline Retail - 0.3%      
Family Dollar Stores, Inc.   43,624 2,892,271
Specialty Retail - 3.6%      
Inditex SA   183,094 22,730,350
TJX Companies, Inc.   373,832 16,743,935
 
      39,474,285
Textiles, Apparel & Luxury Goods - 6.8%    
Burberry Group PLC-ADR   177,974 5,777,036
Coach, Inc.   266,107 14,907,314
Lululemon Athletica, Inc. (I)(L)   214,349 15,848,965
NIKE, Inc., Class B   222,311 21,099,537
Ralph Lauren Corp.   109,470 16,555,148
 
      74,188,000
      246,235,722
Consumer Staples - 6.8%      
Food & Staples Retailing - 3.6%      
Costco Wholesale Corp.   194,246 19,448,881

 

Capital Appreciation Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
COMMON STOCKS (continued)    
Food & Staples Retailing (continued)    
Whole Foods Market, Inc. 197,338 $ 19,220,721
 
    38,669,602
Food Products - 1.6%    
Kraft Foods, Inc. (I) 133,790 5,532,217
Mead Johnson Nutrition Company 157,388 11,533,393
 
    17,065,610
Personal Products - 1.6%    
The Estee Lauder Companies, Inc., Class A 286,760 17,655,813
 
    73,391,025
Energy - 4.1%    
Energy Equipment & Services - 1.5%    
National Oilwell Varco, Inc. 209,798 16,806,918
Oil, Gas & Consumable Fuels - 2.6%    
Concho Resources, Inc. (I) 151,456 14,350,456
Occidental Petroleum Corp. 159,862 13,757,724
 
    28,108,180
 
    44,915,098
Financials - 2.9%    
Capital Markets - 2.2%    
The Goldman Sachs Group, Inc. 211,639 24,059,122
Consumer Finance - 0.7%    
American Express Company 134,864 7,668,367
 
    31,727,489
Health Care - 15.9%    
Biotechnology - 4.5%    
Alexion Pharmaceuticals, Inc. (I) 147,348 16,856,611
Biogen Idec, Inc. (I) 79,841 11,914,672
Gilead Sciences, Inc. (I) 84,771 5,622,860
Vertex Pharmaceuticals, Inc. (I) 257,492 14,406,677
 
    48,800,820
Health Care Providers & Services - 3.1%    
Express Scripts Holding Company (I) 314,954 19,738,167
UnitedHealth Group, Inc. 247,539 13,716,136
 
    33,454,303
Life Sciences Tools & Services - 1.6%    
Agilent Technologies, Inc. 272,493 10,477,356
Illumina, Inc. (I)(L) 146,014 7,037,875
 
    17,515,231
Pharmaceuticals - 6.7%    
Allergan, Inc. 173,610 15,899,204
Bristol-Myers Squibb Company 374,825 12,650,344
Novo Nordisk A/S, ADR 119,853 18,914,002
Perrigo Company (L) 83,854 9,741,319
Shire PLC, ADR 181,115 16,064,901
 
    73,269,770
 
    173,040,124
Industrials - 7.0%    
Aerospace & Defense - 5.1%    
Precision Castparts Corp. 143,630 23,460,524
The Boeing Company 242,423 16,877,489
United Technologies Corp. 185,237 14,502,205
 
    54,840,218
Electrical Equipment - 0.5%    
Roper Industries, Inc. 51,504 5,659,775

 

51

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Capital Appreciation Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Road & Rail - 1.4%    
Union Pacific Corp. 130,180 $ 15,452,366
    75,952,359
Information Technology - 36.3%    
Communications Equipment - 1.3%    
QUALCOMM, Inc. 229,712 14,354,703
Computers & Peripherals - 10.5%    
Apple, Inc. 124,143 82,835,658
EMC Corp. (I) 979,116 26,700,493
NetApp, Inc. (I) 152,639 5,018,770
 
    114,554,921
Internet Software & Services - 8.5%    
Baidu, Inc., ADR (I) 143,629 16,778,740
Facebook, Inc., Class A (I)(L) 290,706 6,293,785
Google, Inc., Class A (I) 39,508 29,808,786
LinkedIn Corp., Class A (I) 140,116 16,869,966
Rackspace Hosting, Inc. (I)(L) 185,373 12,251,302
Tencent Holdings, Ltd., ADR 287,862 9,752,765
Youku.com, Inc., ADR (I)(L) 46,520 855,503
 
    92,610,847
IT Services - 7.3%    
International Business Machines Corp. 103,747 21,522,315
Mastercard, Inc., Class A 74,168 33,485,369
Teradata Corp. (I) 73,316 5,528,760
Visa, Inc., Class A 137,091 18,408,579
 
    78,945,023
Semiconductors & Semiconductor Equipment - 3.0%  
Altera Corp. 155,710 5,291,804
ARM Holdings PLC, ADR (L) 275,181 7,699,564
Avago Technologies, Ltd. 268,556 9,363,205
Broadcom Corp., Class A (I) 298,886 10,335,478
 
    32,690,051
Software - 5.7%    
Intuit, Inc. 177,125 10,429,120
Red Hat, Inc. (I) 277,302 15,789,576
Salesforce.com, Inc. (I)(L) 131,544 20,085,453
Splunk, Inc. (I) 9,424 346,049
VMware, Inc., Class A (I) 160,367 15,513,904
 
    62,164,102
    395,319,647
Materials - 1.7%    
Chemicals - 1.7%    
Monsanto Company 207,666 18,901,759
Telecommunication Services - 2.7%    
Diversified Telecommunication Services - 1.7%    
American Tower Corp. 267,203 19,075,623
Wireless Telecommunication Services - 1.0%    
Crown Castle International Corp. (I) 166,145 10,649,895
 
    29,725,518
TOTAL COMMON STOCKS (Cost $820,656,794) $ 1,089,208,741

 

Capital Appreciation Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
SECURITIES LENDING COLLATERAL - 3.6%    
John Hancock Collateral    
Investment Trust, 0.3462% (W)(Y) 3,893,014 38,963,617
TOTAL SECURITIES LENDING    
COLLATERAL (Cost $38,962,763) $ 38,963,617
Total Investments (Capital Appreciation Trust)    
(Cost $859,619,557) - 103.6% $ 1,128,172,358
Other assets and liabilities, net - (3.6%)   (38,718,697)
 
TOTAL NET ASSETS - 100.0% $ 1,089,453,661
 
 
Capital Appreciation Value Trust  
  Shares or  
  Principal  
  Amount Value
 
COMMON STOCKS - 58.8%    
Consumer Discretionary - 10.9%    
Auto Components - 2.4%    
Delphi Automotive PLC (I) 94,300 $ 2,923,300
Johnson Controls, Inc. 37,400 1,024,760
TRW Automotive Holdings Corp. (I) 90,100 3,938,271
 
    7,886,331
Automobiles - 0.7%    
General Motors Company (I) 108,600 2,470,650
Leisure Equipment & Products - 0.7%    
Hasbro, Inc. (L) 57,500 2,194,775
Media - 3.0%    
The McGraw-Hill Companies, Inc. 55,000 3,002,450
The Walt Disney Company 135,900 7,104,851
 
    10,107,301
Multiline Retail - 2.1%    
Dollar General Corp. (I) 97,100 5,004,534
Kohl’s Corp. 37,400 1,915,628
 
    6,920,162
Specialty Retail - 2.0%    
AutoZone, Inc. (I) 6,700 2,476,789
Lowe’s Companies, Inc. 135,000 4,082,400
 
    6,559,189
 
    36,138,408
Consumer Staples - 6.7%    
Beverages - 1.3%    
Coca-Cola Enterprises, Inc. 29,400 919,338
PepsiCo, Inc. 47,800 3,382,806
 
    4,302,144
Food Products - 2.1%    
General Mills, Inc. 85,000 3,387,250
Kellogg Company 70,000 3,616,200
 
    7,003,450
Household Products - 2.1%    
The Procter & Gamble Company 99,137 6,876,142
Personal Products - 0.3%    
Avon Products, Inc. 73,800 1,177,110
Tobacco - 0.9%    
Philip Morris International, Inc. 34,100 3,066,954
 
    22,425,800

 

52

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Capital Appreciation Value Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Energy - 3.9%    
Energy Equipment & Services - 0.5%    
Oil States International, Inc. (I) 5,041 $ 400,573
Weatherford International, Ltd. (I) 113,100 1,434,108
 
    1,834,681
Oil, Gas & Consumable Fuels - 3.4%    
Apache Corp. 18,700 1,616,989
Chevron Corp. 4,400 512,864
EOG Resources, Inc. 2,600 291,330
Exxon Mobil Corp. 21,600 1,975,320
Nexen, Inc. 30,300 767,802
Spectra Energy Corp. 49,800 1,462,128
The Williams Companies, Inc. 130,300 4,556,591
 
    11,183,024
    13,017,705
Financials - 6.9%    
Capital Markets - 4.4%    
BlackRock, Inc. 10,000 1,783,000
Invesco, Ltd. 262,800 6,567,372
Northern Trust Corp. 46,100 2,139,732
State Street Corp. 30,600 1,283,976
TD Ameritrade Holding Corp. 178,500 2,743,545
 
    14,517,625
Commercial Banks - 1.0%    
U.S. Bancorp 95,700 3,282,510
Diversified Financial Services - 0.9%    
JPMorgan Chase & Company 75,300 3,048,144
Insurance - 0.6%    
XL Group PLC 80,000 1,922,400
 
    22,770,679
Health Care - 11.4%    
Health Care Equipment & Supplies - 0.1%    
Covidien PLC 3,300 196,086
DENTSPLY International, Inc. 1,000 38,140
 
    234,226
Health Care Providers & Services - 3.3%    
AmerisourceBergen Corp. 62,000 2,400,020
Express Scripts Holding Company (I) 9,000 564,030
Henry Schein, Inc. (I)(L) 357 28,299
McKesson Corp. 11,600 997,948
Quest Diagnostics, Inc. 68,700 4,357,641
UnitedHealth Group, Inc. 47,600 2,637,516
 
    10,985,454
Life Sciences Tools & Services - 4.3%    
Agilent Technologies, Inc. 39,800 1,530,310
Thermo Fisher Scientific, Inc. 217,700 12,807,291
 
    14,337,601
Pharmaceuticals - 3.7%    
Pfizer, Inc. 491,970 12,225,455
 
    37,782,736
Industrials - 7.1%    
Aerospace & Defense - 3.1%    
Honeywell International, Inc. 20,600 1,230,850
United Technologies Corp. 114,200 8,940,718
 
    10,171,568
Industrial Conglomerates - 3.1%    
Danaher Corp. 186,800 10,302,020

 

Capital Appreciation Value Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
COMMON STOCKS (continued)    
Machinery - 0.8%    
Actuant Corp., Class A (L) 3,799 $ 108,727
Ingersoll-Rand PLC 28,300 1,268,406
Pall Corp. 22,800 1,447,572
 
    2,824,705
Road & Rail - 0.1%    
CSX Corp. 11,800 244,850
 
    23,543,143
Information Technology - 8.3%    
Communications Equipment - 0.6%    
Cisco Systems, Inc. 97,200 1,855,548
Computers & Peripherals - 2.3%    
Apple, Inc. 11,400 7,606,764
Electronic Equipment, Instruments & Components - 1.5%  
TE Connectivity, Ltd. 149,500 5,084,495
Internet Software & Services - 0.1%    
Google, Inc., Class A (I) 400 301,800
IT Services - 1.9%    
Accenture PLC, Class A 14,800 1,036,444
Fiserv, Inc. (I)(L) 61,900 4,582,457
International Business Machines Corp. 2,900 601,605
 
    6,220,506
Semiconductors & Semiconductor Equipment - 0.6%  
Texas Instruments, Inc. 77,300 2,129,615
Software - 1.3%    
Autodesk, Inc. (I) 9,100 303,667
Microsoft Corp. 29,400 875,532
Oracle Corp. 101,200 3,186,788
 
    4,365,987
 
    27,564,715
Materials - 1.4%    
Chemicals - 0.8%    
Potash Corp. of Saskatchewan, Inc. 60,200 2,613,884
Containers & Packaging - 0.6%    
Crown Holdings, Inc. (I) 59,900 2,201,325
 
    4,815,209
Telecommunication Services - 1.4%    
Diversified Telecommunication Services - 1.4%    
AT&T, Inc. 125,900 4,746,430
Utilities - 0.8%    
Electric Utilities - 0.3%    
American Electric Power Company, Inc. 5,100 224,094
Edison International 17,700 808,713
 
    1,032,807
Independent Power Producers & Energy Traders - 0.2%  
NRG Energy, Inc. (L) 25,100 536,889
Multi-Utilities - 0.3%    
MDU Resources Group, Inc. 20,400 449,616
PG&E Corp. 16,500 704,055
 
    1,153,671
 
    2,723,367
TOTAL COMMON STOCKS (Cost $163,641,341) $ 195,528,192

 

53

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Capital Appreciation Value Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
PREFERRED SECURITIES - 1.7%    
Consumer Discretionary - 0.3%    
General Motors Company,    
Series B, 4.750% 29,500 1,099,760
Consumer Staples - 0.1%    
H.J. Heinz Finance Company, 8.000% (S) 4 422,250
Financials - 0.7%    
AMG Capital Trust I, 5.100% 29,460 1,531,920
U.S. Bancorp (6.000% to 04/15/2017, then    
3 month LIBOR + 4.861%) 15,000 420,750
U.S. Bancorp (6.500% to 01/15/2022, then    
3 month LIBOR + 4.468%) 14,000 407,400
 
    2,360,070
Utilities - 0.6%    
PPL Corp. 27,500 1,504,250
SCE Trust I 15,000 391,200
 
    1,895,450
TOTAL PREFERRED SECURITIES (Cost $5,763,221) $ 5,777,530
 
CORPORATE BONDS - 9.7%    
Consumer Discretionary - 2.0%    
American Honda Finance Corp.    
1.000%, 08/11/2015 (S) $ 445,000 $ 444,942
CCH II LLC    
13.500%, 11/30/2016 57,307 62,178
Dollar General Corp.    
4.125%, 07/15/2017 225,000 235,125
Ford Motor Credit Company LLC    
2.500%, 01/15/2016 380,000 384,711
2.750%, 05/15/2015 400,000 407,935
3.875%, 01/15/2015 890,000 930,135
6.625%, 08/15/2017 200,000 232,032
7.000%, 10/01/2013 400,000 422,816
8.000%, 06/01/2014 500,000 552,213
Lamar Media Corp.    
9.750%, 04/01/2014 885,000 991,200
MGM Resorts International    
9.000%, 03/15/2020 175,000 195,344
10.375%, 05/15/2014 200,000 225,000
13.000%, 11/15/2013 260,000 293,150
Unitymedia Hessen GmbH & Company    
KG    
7.500%, 03/15/2019 (S) EUR 380,000 532,268
Univision Communications, Inc.    
7.875%, 11/01/2020 (S) $ 500,000 535,000
 
    6,444,049
Consumer Staples - 0.4%    
Campbell Soup Company    
0.743%, 08/01/2014 (P) 460,000 462,124
Rite Aid Corp.    
10.375%, 07/15/2016 250,000 264,375
Walgreen Company    
0.899%, 03/13/2014 (P) 310,000 310,392
1.000%, 03/13/2015 310,000 311,212
 
    1,348,103
Energy - 2.2%    
Concho Resources, Inc.    
5.500%, 10/01/2022 to 04/01/2023 1,350,000 1,409,438
CONSOL Energy, Inc.    
8.000%, 04/01/2017 575,000 600,875
8.250%, 04/01/2020 150,000 157,125
EP Energy LLC    
6.875%, 05/01/2019 (S) 225,000 240,750

 

Capital Appreciation Value Trust (continued)
    Shares or  
    Principal  
    Amount Value
 
 
CORPORATE BONDS (continued)      
Energy (continued)      
EQT Corp.      
4.875%, 11/15/2021 $ 1,570,000 $ 1,651,458
6.500%, 04/01/2018   315,000 362,594
Laredo Petroleum, Inc.      
7.375%, 05/01/2022   100,000 108,000
9.500%, 02/15/2019   150,000 169,875
ONEOK Partners LP      
2.000%, 10/01/2017   140,000 142,629
QEP Resources, Inc.      
6.800%, 03/01/2020   120,000 131,850
6.875%, 03/01/2021   100,000 113,000
Range Resources Corp.      
5.000%, 08/15/2022   575,000 606,625
5.750%, 06/01/2021   160,000 172,000
8.000%, 05/15/2019   700,000 777,000
SM Energy Company      
6.500%, 01/01/2023 (S)   225,000 236,250
Total Capital International SA      
0.750%, 01/25/2016   250,000 250,749
 
      7,130,218
Financials - 0.9%      
American Honda Finance Corp.      
0.519%, 08/02/2013 (P)(S)   335,000 334,826
CNH Capital, Inc.      
6.250%, 11/01/2016 (S)   50,000 54,313
Host Hotels & Resorts LP      
6.750%, 06/01/2016   41,000 42,128
International Lease Finance Corp.      
6.500%, 09/01/2014 (S)   250,000 268,750
6.750%, 09/01/2016 (S)   525,000 589,969
7.125%, 09/01/2018 (S)   100,000 116,500
Janus Capital Group, Inc.      
6.700%, 06/15/2017   675,000 764,130
Legg Mason, Inc.      
5.500%, 05/21/2019 (S)   860,000 922,655
 
      3,093,271
Health Care - 0.1%      
Takeda Pharmaceutical Company, Ltd.      
1.031%, 03/17/2015 (S)   365,000 367,882
Industrials - 1.2%      
American Airlines Pass      
Through Trust 2009-1A      
10.375%, 07/02/2019   102,940 111,690
Continental Airlines 2009-1 Pass      
Through Trust      
9.000%, 07/08/2016   270,093 311,957
Continental Airlines 2009-2 Class A Pass      
Through Trust      
7.250%, 11/10/2019   157,805 180,293
Continental Airlines 2012-1 Class A Pass      
Through Trust      
4.150%, 04/11/2024   600,000 612,000
Continental Airlines, Inc.      
6.750%, 09/15/2015 (S)   190,000 199,263
Delta Air Lines 2009-1 Class A Pass      
Through Trust      
7.750%, 12/17/2019   197,109 225,197
Delta Air Lines 2011-1 Class A Pass      
Through Trust      
5.300%, 04/15/2019   139,637 151,506
John Deere Capital Corp.      
0.700%, 09/04/2015   310,000 310,316

 

54

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Capital Appreciation Value Trust (continued)
    Shares or  
    Principal  
    Amount Value
 
 
CORPORATE BONDS (continued)      
Industrials (continued)      
Schaeffler Finance BV      
7.750%, 02/15/2017 (S) $ 200,000 $ 221,000
8.500%, 02/15/2019 (S)   200,000 224,000
United Technologies Corp.      
0.918%, 06/01/2015 (P)   900,000 910,873
US Airways 2010-1 Class A Pass      
Through Trust      
6.250%, 04/22/2023   495,785 526,771
US Airways 2010-1 Class B Pass      
Through Trust      
8.500%, 04/22/2017   70,350 72,109
 
      4,056,975
Information Technology - 0.4%      
First Data Corp.      
7.375%, 06/15/2019 (S)   900,000 928,125
Tyco Electronics Group SA      
6.000%, 10/01/2012   475,000 475,000
 
      1,403,125
Materials - 0.2%      
Ball Corp.      
7.375%, 09/01/2019   125,000 139,375
Rexam PLC (6.750% to 06/29/2017, then      
3 month EURIBOR + 2.900%)      
06/29/2067 EUR 300,000 387,905
 
      527,280
Telecommunication Services - 1.7%      
American Tower Corp.      
4.625%, 04/01/2015 $ 70,000 75,411
British Telecommunications PLC      
1.504%, 12/20/2013 (P)   430,000 432,829
2.000%, 06/22/2015   290,000 298,170
CC Holdings GS V LLC      
7.750%, 05/01/2017 (S)   1,080,000 1,152,900
Cricket Communications, Inc.      
7.750%, 10/15/2020   660,000 643,500
Crown Castle International Corp.      
7.125%, 11/01/2019   25,000 27,125
Matterhorn Mobile SA      
5.421%, 05/15/2019 (P)(S) CHF 150,000 160,287
6.750%, 05/15/2019 (S)   200,000 223,285
Nextel Communications, Inc.      
5.950%, 03/15/2014 $ 350,000 350,875
SBA Telecommunications, Inc.      
8.250%, 08/15/2019   49,000 54,758
Sprint Capital Corp.      
6.900%, 05/01/2019   25,000 25,938
Sprint Nextel Corp.      
9.000%, 11/15/2018 (S)   300,000 360,000
11.500%, 11/15/2021   90,000 112,725
Unitymedia Hessen GmbH & Company      
KG      
7.500%, 03/15/2019 (S)   200,000 219,500
UPCB Finance VI, Ltd.      
6.875%, 01/15/2022 (S)   1,500,000 1,590,000
 
      5,727,303
Utilities - 0.6%      
Calpine Construction Finance Company LP      
8.000%, 06/01/2016 (S)   750,000 806,250
Calpine Corp.      
7.500%, 02/15/2021 (S)   275,000 297,000
CMS Energy Corp.      
6.550%, 07/17/2017   170,000 198,733

 

Capital Appreciation Value Trust (continued)
    Shares or  
    Principal  
    Amount Value
 
CORPORATE BONDS (continued)      
Utilities (continued)      
CMS Energy Corp. (continued)      
8.750%, 06/15/2019 $ 80,000 $ 103,861
EQT Corp.      
8.125%, 06/01/2019   483,000 584,806
 
      1,990,650
TOTAL CORPORATE BONDS (Cost $30,836,928) $ 32,088,856
 
CONVERTIBLE BONDS - 0.9%      
Energy - 0.2%      
Peabody Energy Corp. 4.750%, 12/15/2041   600,000 505,500
Industrials - 0.3%      
Continental Airlines, Inc.      
4.500%, 01/15/2015   721,000 936,399
Information Technology - 0.3%      
Xilinx, Inc. 3.125%, 03/15/2037   876,000 1,046,820
Telecommunication Services - 0.1%      
SBA Communications Corp.      
1.875%, 05/01/2013   229,000 348,080
TOTAL CONVERTIBLE BONDS (Cost $2,635,260) $ 2,836,799
 
TERM LOANS (M) - 9.7%      
Consumer Discretionary - 4.0%      
Cedar Fair LP      
4.000%, 12/15/2017   623,064 626,179
Charter Communications Operating LLC      
3.470%, 09/06/2016   920,882 920,882
Delta 2 Sarl      
5.750%, 04/28/2017   995,000 1,001,426
DineEquity, Inc.      
4.298%, 10/19/2017   933,592 939,193
Dollar General Corp.      
2.966%, 07/06/2017   1,750,000 1,754,813
Federal-Mogul Corp.      
2.159%, 12/28/2015   2,296,098 2,237,057
2.166%, 12/29/2014   2,590,481 2,523,869
Peninsula Gaming LLC      
- 08/03/2017 (T)   750,000 759,844
Station Casinos, Inc.      
- 09/07/2019 (T)   650,000 627,250
Univision Communications, Inc.      
4.466%, 03/31/2017   1,987,496 1,965,965
 
      13,356,478
Consumer Staples - 3.2%      
Dunkin’ Brands, Inc.      
4.000%, 11/23/2017   9,276,442 9,256,562
Pinnacle Foods Finance LLC      
2.731%, 04/02/2014   323,329 322,790
4.750%, 10/17/2018   149,250 149,250
4.750%, 10/17/2018   349,125 349,343
Rite Aid Corp.      
4.500%, 03/02/2018   497,475 495,143
 
      10,573,088
Energy - 0.0%      
Terra-Gen Finance Company LLC      
6.500%, 06/22/2017   97,140 96,654
Financials - 0.4%      
Fifth Third Processing      
5.500%, 11/03/2016   49,750 49,812
Nuveen Investments, Inc.      
5.898%, 05/13/2017   314,192 313,308
5.900%, 05/12/2017   367,116 365,739

 

55

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Capital Appreciation Value Trust (continued)
    Shares or  
    Principal  
    Amount Value
 
 
TERM LOANS (M) (continued)      
Financials (continued)      
Nuveen Investments, Inc. (continued)      
8.250%, 02/28/2019 $ 250,000 $ 251,458
WorldPay US, Inc.      
5.250%, 11/30/2017   148,409 148,595
 
      1,128,912
Health Care - 0.4%      
DaVita, Inc.      
- 08/24/2019 (T)   475,000 475,356
HCA, Inc.      
1.466%, 11/19/2012   390,228 390,019
Hologic, Inc.      
4.500%, 08/01/2019   550,000 555,913
 
      1,421,288
Industrials - 0.2%      
Delos Aircraft, Inc.      
4.750%, 04/12/2016   250,000 252,031
Schaeffler AG      
6.000%, 01/27/2017   300,000 301,875
 
      553,906
Information Technology - 0.4%      
First Data Corp.      
5.217%, 03/24/2017   1,323,491 1,298,676
Telecommunication Services - 1.1%      
Crown Castle Operating Company      
4.000%, 01/31/2019   744,997 746,580
Intelsat Jackson Holdings SA      
5.250%, 04/02/2018   1,728,125 1,729,637
SBA Senior Finance      
3.750%, 06/29/2018   197,500 197,253
Telesat Canada      
4.250%, 03/28/2019   1,062,338 1,063,001
 
      3,736,471
TOTAL TERM LOANS (Cost $31,781,161)   $ 32,165,473
 
COLLATERALIZED MORTGAGE      
OBLIGATIONS - 4.3%      
U.S. Government Agency - 4.3%      
Federal Home Loan Mortgage Corporation      
Series 4060, Class FH,      
0.721%, 06/15/2042 (P) $ 975,368 $ 981,521
Series 4062, Class AF,      
0.721%, 06/15/2042 (P)   628,243 632,550
Series 4074, Class FK,      
0.601%, 07/15/2042 (P)   653,648 657,780
Series 4077, Class FD,      
0.721%, 07/15/2042 (P)   341,618 343,926
Series 4080, Class FA,      
0.721%, 07/15/2042 (P)   343,414 345,874
Series 4086, Class FT,      
0.721%, 07/15/2042 (P)   498,387 502,420
Series 4089, Class FD,      
0.721%, 08/15/2042 (P)   224,489 225,359
Series 4091, Class TF,      
0.671%, 08/15/2042 (P)   273,789 275,695
Series 4097, Class FA,      
0.671%, 08/15/2042 (P)   1,022,978 1,029,443
Series 4097, Class TF,      
0.621%, 05/15/2039 (P)   1,147,651 1,150,205
Federal National Mortgage Association      
Series 2012-114, Class DF,      
0.639%, 08/25/2039 (P)   985,000 986,940

 

Capital Appreciation Value Trust (continued)
    Shares or  
    Principal  
    Amount Value
 
COLLATERALIZED MORTGAGE      
OBLIGATIONS (continued)      
U.S. Government Agency (continued)      
Federal National Mortgage      
Association (continued)      
Series 2012-103, Class CF,      
0.667%, 09/25/2042 (P) $ 988,238 $ 994,420
Series 2012-86, Class CF,      
0.617%, 04/25/2039 (P)   517,847 519,006
Series 2012-86, Class FC,      
0.667%, 08/25/2042 (P)   508,369 511,545
Series 2012-87, Class FK,      
0.717%, 08/25/2042 (P)   495,771 499,904
Series 2012-93, Class,      
0.667%, 09/25/2042 (P)   573,932 574,344
Series 2012-99, Class FA,      
0.667%, 09/25/2042 (P)   149,765 150,461
Series 2012-99, Class FB,      
0.597%, 09/25/2042 (P)   273,581 275,413
Series 2012-99, Class FQ,      
0.667%, 09/25/2042 (P)   907,186 913,541
Government National      
Mortgage Association      
Series 2011-93, Class BF,      
0.621%, 07/16/2041 (P)   1,100,093 1,105,301
Series 2012-32, Class FP,      
0.621%, 03/16/2042 (P)   964,822 971,002
Series 2012-43, Class FH,      
0.621%, 04/16/2042 (P)   795,521 800,917
 
      14,447,567
TOTAL COLLATERALIZED MORTGAGE      
OBLIGATIONS (Cost $14,399,672)   $ 14,447,567
 
ASSET BACKED SECURITIES - 0.7%      
Ally Master Owner Trust, Series 2012-3,      
Class A1      
0.921%, 06/15/2017 (P)   1,540,000 1,550,489
Ford Credit Auto Owner Trust,      
Series 2012-C, Class A3      
0.580%, 12/15/2016   390,000 391,496
Honda Auto Receivables Owner Trust,      
Series 2012-3, Class A3      
0.560%, 05/15/2016   380,000 381,534
TOTAL ASSET BACKED SECURITIES (Cost $2,309,970) $ 2,323,519
 
SECURITIES LENDING COLLATERAL - 1.6%    
John Hancock Collateral      
Investment Trust, 0.3462% (W)(Y)   520,293 5,207,407
TOTAL SECURITIES LENDING      
COLLATERAL (Cost $5,207,247)   $ 5,207,407
 
SHORT-TERM INVESTMENTS - 16.7%      
Money Market Funds - 15.7%      
T. Rowe Price Reserve Investment      
Fund, 0.1066% (Y) $ 52,038,936 $ 52,038,936

 

56

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Capital Appreciation Value Trust (continued)
    Shares or  
    Principal  
    Amount Value
 
 
SHORT-TERM INVESTMENTS (continued)    
Repurchase Agreement - 1.0%      
Repurchase Agreement with State      
Street Corp. dated 09/28/2012 at 0.010%      
to be repurchased at $3,381,279 on      
10/01/2012, collateralized by $2,590,000      
U.S. Treasury Bonds, 5.250% due      
02/15/2026 (valued at $2,956,196,      
including interest) and $505,000      
U.S. Treasury Notes, 0.875% due      
02/28/2017 (valued at $513,206,      
including interest) $ 3,381,276 $ 3,381,276
TOTAL SHORT-TERM INVESTMENTS (Cost $55,420,212) $ 55,420,212
Total Investments (Capital Appreciation Value Trust)    
(Cost $311,995,012) - 104.1%   $ 345,795,555
Other assets and liabilities, net - (4.1%)     (13,516,021)
TOTAL NET ASSETS - 100.0%   $ 332,279,534
 
 
 
Core Allocation Plus Trust    
    Shares or  
    Principal  
    Amount Value
 
 
COMMON STOCKS - 64.1%      
Consumer Discretionary - 10.5%      
Auto Components - 0.5%      
Allison Transmission Holdings, Inc.   3,130 $ 62,976
Continental AG   3,692 362,199
Exedy Corp.   7,700 151,906
Stanley Electric Company, Ltd.   13,000 192,412
Tenneco, Inc. (I)   4,460 124,880
 
      894,373
Automobiles - 0.2%      
Dongfeng Motor Group Company, Ltd.,      
H Shares   140,000 162,867
General Motors Company (I)   2,800 63,700
Great Wall Motor Company, Ltd., H Shares 58,500 154,001
 
      380,568
Distributors - 0.2%      
LKQ Corp. (I)   19,300 357,050
Diversified Consumer Services - 0.3%      
Anhanguera Educacional Participacoes SA   21,700 360,730
Benesse Holdings, Inc.   2,000 96,775
H&R Block, Inc.   5,400 93,582
Weight Watchers International, Inc.   900 47,520
 
      598,607
Hotels, Restaurants & Leisure - 1.0%      
AFC Enterprises, Inc. (I)   3,520 86,592
Buffalo Wild Wings, Inc. (I)   1,510 129,467
Burger King Worldwide, Inc. (I)   4,670 65,100
Chipotle Mexican Grill, Inc. (I)   280 88,911
Ctrip.com International, Ltd., ADR (I)(L)   12,300 207,624
Marriott International, Inc.   6,600 258,060
OPAP SA   12,842 66,184
Sands China, Ltd.   79,600 295,051
Starwood Hotels & Resorts Worldwide, Inc. 6,500 376,740
The Cheesecake Factory, Inc.   4,870 174,103
 
      1,747,832
Household Durables - 0.8%      
Garmin, Ltd. (L)   3,500 146,090

 

Core Allocation Plus Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Household Durables (continued)    
Meritage Homes Corp. (I)(L) 770 $ 29,283
PDG Realty SA Empreendimentos    
e Participacoes 176,700 332,960
Persimmon PLC 55,073 676,537
PulteGroup, Inc. (I) 4,920 76,260
Standard Pacific Corp. (I) 7,130 48,199
Tempur-Pedic International, Inc. (I) 1,500 44,835
 
    1,354,164
Internet & Catalog Retail - 1.5%    
Amazon.com, Inc. (I) 3,070 780,762
Expedia, Inc. (L) 13,350 772,164
HomeAway, Inc. (I) 5,620 131,789
HSN, Inc. 2,300 112,815
Hyundai Home Shopping Network Corp. 3,459 372,059
Netflix, Inc. (I)(L) 1,100 59,884
priceline.com, Inc. (I) 635 392,894
Shutterfly, Inc. (I)(L) 4,365 135,839
 
    2,758,206
Leisure Equipment & Products - 0.4%    
Brunswick Corp. 3,040 68,795
LeapFrog Enterprises, Inc. (I) 6,900 62,238
Polaris Industries, Inc. (L) 6,650 537,786
Sega Sammy Holdings, Inc. 6,600 124,899
 
    793,718
Media - 1.9%    
AirMedia Group, Inc., ADR (I) 30,600 58,140
Comcast Corp., Class A 6,600 236,082
DIRECTV (I) 5,170 271,218
Discovery Communications, Inc., Series C (I) 7,400 414,696
DreamWorks Animation    
SKG, Inc., Class A (I)(L) 21,600 415,368
Focus Media Holding, Ltd., ADR (L) 21,600 505,440
Gannett Company, Inc. 6,730 119,458
Genius Products, Inc. (I) 32 2
News Corp., Class A 2,900 71,137
Pandora Media, Inc. (I)(L) 10,340 113,223
Scripps Networks Interactive, Inc., Class A 2,570 157,361
Sirius XM Radio, Inc. (I) 123,600 321,360
The Interpublic Group of Companies, Inc. 28,300 314,696
The McGraw-Hill Companies, Inc. 900 49,131
Wolters Kluwer NV 15,670 295,137
 
    3,342,449
Multiline Retail - 0.5%    
Golden Eagle Retail Group, Ltd. 109,000 213,325
Intime Department Store Group Company, Ltd. 181,500 195,510
Macy’s, Inc. 5,000 188,100
Maoye International Holdings, Ltd. 1,004,000 175,442
New World Department Store China, Ltd. 262,000 145,457
 
    917,834
Specialty Retail - 2.0%    
Abercrombie & Fitch Company, Class A (L) 3,100 105,152
Advance Auto Parts, Inc. 2,600 177,944
American Eagle Outfitters, Inc. 2,900 61,132
AutoZone, Inc. (I) 500 184,835
DSW, Inc., Class A 2,040 136,109
Esprit Holdings, Ltd. 27,000 41,327
Francesca’s Holdings Corp. (I) 3,000 92,190
GNC Holdings, Inc., Class A 2,030 79,109
Hibbett Sports, Inc. (I)(L) 1,510 89,770
K’s Holding Corp. 5,900 146,855
Lowe’s Companies, Inc. 14,400 435,456

 

57

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Core Allocation Plus Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Specialty Retail (continued)    
O’Reilly Automotive, Inc. (I) 2,900 $ 242,498
Ross Stores, Inc. 4,590 296,514
rue21, Inc. (I) 2,640 82,236
The Children’s Place Retail Stores, Inc. (I) 1,760 105,600
The Gap, Inc. 6,600 236,148
TJX Companies, Inc. 9,650 432,224
Urban Outfitters, Inc. (I) 14,410 541,240
 
    3,486,339
Textiles, Apparel & Luxury Goods - 1.2%    
Coach, Inc. 8,830 494,657
Hanesbrands, Inc. (I) 5,031 160,388
Lululemon Athletica, Inc. (I) 4,700 347,518
Michael Kors Holdings, Ltd. (I) 3,300 175,494
Samsonite International SA 133,500 255,817
Steven Madden, Ltd. (I) 2,940 128,537
The Warnaco Group, Inc. (I) 2,600 134,940
Under Armour, Inc., Class A (I)(L) 6,350 354,521
 
    2,051,872
    18,683,012
Consumer Staples - 3.1%    
Beverages - 0.4%    
C&C Group PLC 6,613 31,466
C&C Group PLC (London Exchange) 56,524 267,752
Coca Cola Hellenic Bottling Company SA 3,081 57,512
Monster Beverage Corp. (I) 4,360 236,138
The Coca-Cola Company 5,620 213,167
 
    806,035
Food & Staples Retailing - 1.1%    
Casey’s General Stores, Inc. 1,750 99,995
CVS Caremark Corp. 10,310 499,210
The Kroger Company 15,100 355,454
Wal-Mart Stores, Inc. 10,300 760,140
Walgreen Company 7,200 262,368
 
    1,977,167
Food Products - 0.4%    
Archer-Daniels-Midland Company 2,780 75,560
Campbell Soup Company 1,900 66,158
Dean Foods Company (I) 9,100 148,785
Mead Johnson Nutrition Company 2,200 161,216
Tyson Foods, Inc., Class A 12,100 193,842
 
    645,561
Household Products - 0.2%    
Kimberly-Clark Corp. 540 46,321
The Procter & Gamble Company 3,870 268,423
 
    314,744
Personal Products - 0.3%    
Elizabeth Arden, Inc. (I) 3,850 181,874
Herbalife, Ltd. (L) 3,300 156,420
Nu Skin Enterprises, Inc., Class A (L) 1,600 62,128
Pola Orbis Holdings, Inc. 3,900 122,912
 
    523,334
Tobacco - 0.7%    
Altria Group, Inc. 15,330 511,869
Lorillard, Inc. 1,340 156,043
Philip Morris International, Inc. 6,660 599,000
 
    1,266,912
    5,533,753

 

Core Allocation Plus Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Energy - 6.6%    
Energy Equipment & Services - 1.1%    
AMEC PLC 6,530 $ 121,219
Atwood Oceanics, Inc. (I) 2,980 135,441
Diamond Offshore Drilling, Inc. 2,600 171,106
Halliburton Company 1,900 64,011
National Oilwell Varco, Inc. 570 45,663
Oceaneering International, Inc. 7,800 430,950
Oil States International, Inc. (I) 4,700 373,462
Patterson-UTI Energy, Inc. (L) 7,980 126,403
Petrofac, Ltd. 9,890 255,494
Schlumberger, Ltd. 1,100 79,563
Trican Well Service, Ltd. 8,730 113,576
 
    1,916,888
Oil, Gas & Consumable Fuels - 5.5%    
Anadarko Petroleum Corp. 3,210 224,443
Apache Corp. 3,450 298,322
Cabot Oil & Gas Corp. 12,250 550,025
Canadian Natural Resources, Ltd. 5,900 182,023
Chevron Corp. 13,410 1,563,070
Cobalt International Energy, Inc. (I) 19,800 440,946
ConocoPhillips 11,100 634,698
CONSOL Energy, Inc. (L) 10,900 327,545
Devon Energy Corp. 1,570 94,985
EnCana Corp. 10,300 225,776
Exxon Mobil Corp. 15,875 1,451,769
HollyFrontier Corp. 1,600 66,032
JX Holdings, Inc. (L) 34,700 189,706
Karoon Gas Australia, Ltd. (I) 15,547 86,239
Marathon Oil Corp. 4,785 141,492
Marathon Petroleum Corp. 3,000 163,770
MEG Energy Corp. (I) 2,700 102,688
MEG Energy Corp. (I)(S) 1,100 41,836
Murphy Oil Corp. 4,700 252,343
Newfield Exploration Company (I) 3,800 119,016
Noble Energy, Inc. 2,320 215,087
Occidental Petroleum Corp. 2,710 233,223
Peabody Energy Corp. 2,400 53,496
Phillips 66 3,100 143,747
Pioneer Natural Resources Company 4,950 516,780
Range Resources Corp. 3,235 226,029
Repsol SA 7,875 153,276
Rex Energy Corp. (I) 5,750 76,763
Rosetta Resources, Inc. (I) 2,450 117,355
SemGroup Corp., Class A (I) 4,110 151,454
Southwestern Energy Company (I) 6,400 222,592
Tesoro Corp. 2,300 96,370
Tourmaline Oil Corp. (I) 5,600 174,818
Valero Energy Corp. 5,000 158,400
WPX Energy, Inc. (I) 7,900 131,061
 
    9,827,175
 
    11,744,063
Financials - 9.0%    
Capital Markets - 1.0%    
Affiliated Managers Group, Inc. (I) 2,400 295,200
American Capital, Ltd. (I) 12,900 146,286
EFG International (L) 43,031 359,634
Raymond James Financial, Inc. 7,800 285,870
The Goldman Sachs Group, Inc. 760 86,397
UBS AG 45,700 557,748
 
    1,731,135
Commercial Banks - 2.9%    
Banco Santander Brasil SA, ADR 36,700 270,479

 

58

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Core Allocation Plus Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Commercial Banks (continued)    
Bank of Ireland (I) 227,810 $ 28,556
Bank of Ireland (I) 864,286 108,315
BB&T Corp. 1,800 59,688
Comerica, Inc. 2,100 65,205
East West Bancorp, Inc. 5,730 121,018
Erste Group Bank AG (I) 7,685 172,253
Fifth Third Bancorp 18,300 283,833
Hana Financial Group, Inc. 10,790 326,507
Huntington Bancshares, Inc. 19,700 135,930
Itau Unibanco Holding SA, ADR (L) 3,500 53,480
KeyCorp 7,700 67,298
Lloyds Banking Group PLC (I) 671,713 423,229
PNC Financial Services Group, Inc. 7,890 497,859
PrivateBancorp, Inc. 1,440 23,026
Regions Financial Corp. 14,700 105,987
Royal Bank of Scotland Group PLC (I) 85,812 356,411
Societe Generale SA (I) 6,776 193,268
SunTrust Banks, Inc. 10,100 285,527
UniCredit SpA (I) 77,405 323,560
Wells Fargo & Company 33,200 1,146,396
Western Alliance Bancorp (I) 7,770 79,254
 
    5,127,079
Consumer Finance - 0.2%    
Discover Financial Services 9,900 393,327
Netspend Holdings, Inc. (I) 3,830 37,649
 
    430,976
Diversified Financial Services - 1.0%    
Bank of America Corp. 58,910 520,175
Citigroup, Inc. 6,690 218,897
JPMorgan Chase & Company 26,720 1,081,626
Moody’s Corp. 1,100 48,587
 
    1,869,285
Insurance - 2.6%    
Aegon NV 38,293 200,024
Ageas 8,152 195,858
Alleghany Corp. (I) 310 106,931
American International Group, Inc. (I) 54,270 1,779,513
Assurant, Inc. 4,200 156,660
Berkshire Hathaway, Inc., Class B (I) 1,770 156,114
China Pacific Insurance Group Company, Ltd.,    
H Shares 61,600 185,362
CNA Financial Corp. 1,700 45,560
Everest Re Group, Ltd. 1,150 123,004
Hartford Financial Services Group, Inc. 5,710 111,002
LIG Insurance Company, Ltd. 5,560 129,779
Lincoln National Corp. 5,200 125,788
MetLife, Inc. 7,400 255,004
Prudential Financial, Inc. 2,540 138,455
Resolution, Ltd. 97,579 342,656
The Allstate Corp. 11,600 459,476
Unum Group (L) 3,690 70,922
 
    4,582,108
Real Estate Investment Trusts - 0.9%    
American Campus Communities, Inc. 1,760 77,229
American Capital Agency Corp. 1,300 44,967
Annaly Capital Management, Inc. 20,010 336,968
Coresite Realty Corp. 2,020 54,419
Hospitality Properties Trust 2,200 52,316
Kimco Realty Corp. 14,400 291,888
Pebblebrook Hotel Trust 5,220 122,096
Potlatch Corp. 1,800 67,266
PS Business Parks, Inc. 1,170 78,179

 

Core Allocation Plus Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Real Estate Investment Trusts (continued)    
Sunstone Hotel Investors, Inc. (I) 6,800 $ 74,800
Two Harbors Investment Corp. 5,950 69,913
Weyerhaeuser Company 11,600 303,224
 
    1,573,265
Real Estate Management & Development - 0.4%    
BR Malls Participacoes SA 21,800 302,711
BR Properties SA 23,800 310,524
Zillow, Inc., Class A (I)(L) 1,580 66,644
 
    679,879
 
    15,993,727
Health Care - 7.9%    
Biotechnology - 3.1%    
Algeta ASA (I) 1,834 47,448
Alkermes PLC (I) 7,500 155,625
Amgen, Inc. 6,150 518,568
Arena Pharmaceuticals, Inc. (I)(L) 7,060 58,739
Ariad Pharmaceuticals, Inc. (I) 14,610 353,927
AVEO Pharmaceuticals, Inc. (I)(L) 6,240 64,958
Biogen Idec, Inc. (I) 1,670 249,214
BioMarin Pharmaceutical, Inc. (I)(L) 10,340 416,392
Celgene Corp. (I) 3,700 282,680
Cubist Pharmaceuticals, Inc. (I) 2,500 119,200
Exelixis, Inc. (I)(L) 11,150 53,743
Gilead Sciences, Inc. (I) 9,120 604,930
Immunogen, Inc. (I) 4,400 64,240
Incyte Corp. (I)(L) 3,310 59,746
Ironwood Pharmaceuticals, Inc. (I)(L) 6,090 77,830
NPS Pharmaceuticals, Inc. (I) 9,660 89,355
Onyx Pharmaceuticals, Inc. (I) 10,740 907,530
Regeneron Pharmaceuticals, Inc. (I) 5,550 847,263
Rigel Pharmaceuticals, Inc. (I) 5,300 54,325
Seattle Genetics, Inc. (I)(L) 4,290 115,616
Vertex Pharmaceuticals, Inc. (I) 7,000 391,650
 
    5,532,979
Health Care Equipment & Supplies - 0.5%    
ABIOMED, Inc. (I)(L) 4,940 103,691
Align Technology, Inc. (I) 2,630 97,231
HeartWare International, Inc. (I)(L) 1,940 183,311
Insulet Corp. (I)(L) 6,310 136,170
Medtronic, Inc. 1,100 47,432
St. Jude Medical, Inc. 4,200 176,946
Volcano Corp. (I) 3,520 100,566
 
    845,347
Health Care Providers & Services - 0.9%    
Aetna, Inc. 5,200 205,920
Air Methods Corp. (I) 950 113,402
Catamaran Corp. (I) 1,966 192,609
HealthSouth Corp. (I) 3,810 91,669
McKesson Corp. 1,010 86,890
Owens & Minor, Inc. 1,660 49,601
Team Health Holdings, Inc. (I) 4,150 112,590
UnitedHealth Group, Inc. 11,400 631,674
WellCare Health Plans, Inc. (I) 2,060 116,493
 
    1,600,848
Life Sciences Tools & Services - 0.1%    
PAREXEL International Corp. (I) 5,530 170,103
Pharmaceuticals - 3.3%    
Abbott Laboratories 11,030 756,217
AstraZeneca PLC 6,055 289,266
Auxilium Pharmaceuticals, Inc. (I) 2,580 63,107

 

59

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Core Allocation Plus Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Pharmaceuticals (continued)    
Daiichi Sankyo Company, Ltd. (L) 11,000 $ 181,766
Eisai Company, Ltd. (L) 6,700 301,548
Eli Lilly & Company 21,280 1,008,885
Forest Laboratories, Inc. (I) 5,200 185,172
Johnson & Johnson 4,010 276,329
Merck & Company, Inc. 19,170 864,567
Optimer Pharmaceuticals, Inc. (I)(L) 5,700 80,484
Pfizer, Inc. 49,505 1,230,199
Salix Pharmaceuticals, Ltd. (I) 2,960 125,326
Shionogi & Company, Ltd. 11,200 170,565
The Medicines Company (I) 3,860 99,627
UCB SA 6,768 372,453
 
    6,005,511
    14,154,788
Industrials - 6.7%    
Aerospace & Defense - 1.6%    
DigitalGlobe, Inc. (I) 7,800 159,042
General Dynamics Corp. 6,680 441,682
Lockheed Martin Corp. 3,100 289,478
Moog, Inc., Class A (I) 2,310 87,480
Northrop Grumman Corp. 720 47,830
QinetiQ PLC 115,675 354,360
Raytheon Company 7,540 430,986
Teledyne Technologies, Inc. (I) 2,120 134,387
Textron, Inc. (L) 21,940 574,170
The Boeing Company 4,400 306,328
 
    2,825,743
Airlines - 0.1%    
Delta Air Lines, Inc. (I) 5,300 48,548
Spirit Airlines, Inc. (I) 8,890 151,841
United Continental Holdings, Inc. (I)(L) 2,600 50,700
 
    251,089
Building Products - 0.8%    
Kingspan Group PLC 1,891 19,343
Kingspan Group PLC 20,819 212,950
Masco Corp. 67,000 1,008,350
Owens Corning, Inc. (I) 4,250 142,205
Trex Company, Inc. (I) 2,330 79,500
 
    1,462,348
Commercial Services & Supplies - 0.2%    
ACCO Brands Corp. (I) 24,600 159,654
R.R. Donnelley & Sons Company (L) 4,500 47,700
Sykes Enterprises, Inc. (I) 3,760 50,534
 
    257,888
Construction & Engineering - 0.3%    
Fluor Corp. 4,100 230,748
Vinci SA 6,737 287,926
 
    518,674
Electrical Equipment - 0.2%    
Acuity Brands, Inc. (L) 1,280 81,011
Belden, Inc. 4,100 151,208
Polypore International, Inc. (I)(L) 3,800 134,330
Roper Industries, Inc. 620 68,132
 
    434,681
Industrial Conglomerates - 0.9%    
3M Company 6,630 612,745
General Electric Company 25,180 571,838
Nava Bharat Ventures, Ltd. 66,755 210,451

 

Core Allocation Plus Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Industrial Conglomerates (continued)    
Shanghai Industrial Holdings, Ltd. 85,000 $ 251,829
 
    1,646,863
Machinery - 1.7%    
Amada Company, Ltd. 31,000 135,723
Colfax Corp. (I) 2,000 73,340
Cummins, Inc. 1,300 119,873
Flowserve Corp. 4,370 558,224
IDEX Corp. 2,350 98,160
Illinois Tool Works, Inc. 4,700 279,509
Ingersoll-Rand PLC 1,500 67,230
Middleby Corp. (I) 220 25,441
Nordson Corp. 3,000 175,860
Parker Hannifin Corp. 6,470 540,763
Sauer-Danfoss, Inc. 1,070 43,025
Vallourec SA 3,919 166,348
Valmont Industries, Inc. 2,440 320,860
Wabtec Corp. 4,890 392,618
 
    2,996,974
Professional Services - 0.2%    
Equifax, Inc. 3,900 181,662
On Assignment, Inc. (I) 2,200 43,824
The Dun & Bradstreet Corp. 2,200 175,164
 
    400,650
Road & Rail - 0.6%    
Hertz Global Holdings, Inc. (I) 50,460 692,816
Landstar System, Inc. 3,530 166,898
Old Dominion Freight Line, Inc. (I) 4,965 149,744
 
    1,009,458
Trading Companies & Distributors - 0.1%    
DXP Enterprises, Inc. (I) 1,630 77,865
United Rentals, Inc. (I)(L) 2,420 79,158
WESCO International, Inc. (I) 1,606 91,863
 
    248,886
 
    12,053,254
Information Technology - 14.0%    
Communications Equipment - 0.8%    
Cisco Systems, Inc. 35,450 676,741
F5 Networks, Inc. (I) 1,640 171,708
Finisar Corp. (I)(L) 4,670 66,781
Ixia (I)(L) 8,310 133,542
Juniper Networks, Inc. (I) 19,100 326,801
Riverbed Technology, Inc. (I) 3,420 79,583
 
    1,455,156
Computers & Peripherals - 2.2%    
Apple, Inc. 4,820 3,216,158
Gemalto NV (L) 2,959 260,650
Hewlett-Packard Company 12,100 206,426
NetApp, Inc. (I) 2,000 65,760
Seagate Technology PLC 2,500 77,500
Western Digital Corp. 3,700 143,301
 
    3,969,795
Electronic Equipment, Instruments & Components - 0.5%  
Coherent, Inc. (I) 2,590 118,777
Fabrinet (I) 5,280 61,195
FUJIFILM Holdings Corp. (L) 10,500 175,821
Jabil Circuit, Inc. 1,780 33,322
Trimble Navigation, Ltd. (I) 8,550 407,493
Universal Display Corp. (I)(L) 1,800 61,884
 
    858,492

 

60

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Core Allocation Plus Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Internet Software & Services - 2.5%    
Akamai Technologies, Inc. (I) 9,090 $ 347,783
Baidu, Inc., ADR (I) 1,830 213,781
Bazaarvoice, Inc. (I) 4,799 72,705
CoStar Group, Inc. (I) 600 48,924
Daum Communications Corp. (I) 3,055 311,893
DealerTrack Holdings, Inc. (I) 3,690 102,767
Dena Company, Ltd. 9,240 304,162
eBay, Inc. (I) 12,880 623,521
Equinix, Inc. (I) 2,150 443,008
Google, Inc., Class A (I) 700 528,150
IAC/InterActiveCorp 3,820 198,869
LinkedIn Corp., Class A (I) 3,720 447,888
LivePerson, Inc. (I) 7,240 131,116
Sohu.com, Inc. (I)(L) 4,580 192,772
Tencent Holdings, Ltd. 9,700 329,651
Web.com Group, Inc. (I) 8,120 145,754
Yahoo Japan Corp. 289 110,043
 
    4,552,787
IT Services - 1.6%    
Accenture PLC, Class A 2,000 140,060
Amdocs, Ltd. 4,600 151,754
International Business Machines Corp. 4,180 867,141
Mastercard, Inc., Class A 830 374,728
Sapient Corp. (I) 7,810 83,255
Syntel, Inc. 2,120 132,309
Teradata Corp. (I) 900 67,869
The Western Union Company (L) 33,000 601,260
Vantiv, Inc., Class A (I) 12,100 260,755
Wright Express Corp. (I) 1,730 120,616
 
    2,799,747
Semiconductors & Semiconductor Equipment - 1.5%  
Intel Corp. 31,200 707,616
KLA-Tencor Corp. 3,100 147,886
Lattice Semiconductor Corp. (I) 21,010 80,468
LSI Corp. (I) 16,200 111,942
Maxim Integrated Products, Inc. 4,000 106,480
NVIDIA Corp. (I) 15,000 200,100
NXP Semiconductor NV (I) 17,050 426,421
Skyworks Solutions, Inc. (I) 24,780 583,941
Ultratech, Inc. (I) 3,600 112,968
Wolfson Microelectronics PLC (I) 36,044 116,370
 
    2,594,192
Software - 4.9%    
Activision Blizzard, Inc. 32,900 371,112
ANSYS, Inc. (I) 6,630 486,642
BroadSoft, Inc. (I) 3,740 153,415
CA, Inc. 1,720 44,316
Cadence Design Systems, Inc. (I)(L) 13,040 167,760
Changyou.com, Ltd., ADR (L) 5,700 149,568
Citrix Systems, Inc. (I) 4,200 321,594
Comverse Technology, Inc. (I) 135,701 834,561
Concur Technologies, Inc. (I)(L) 4,230 311,878
Electronic Arts, Inc. (I) 39,000 494,910
Fortinet, Inc. (I) 11,020 266,023
Imperva, Inc. (I) 2,800 103,572
Konami Corp. 6,300 143,184
Microsoft Corp. 36,190 1,077,738
Nintendo Company, Ltd. 2,060 259,038
Oracle Corp. 33,060 1,041,059
Parametric Technology Corp. (I) 2,600 56,680
Pegasystems, Inc. 2,060 59,822
Red Hat, Inc. (I) 7,680 437,299
Salesforce.com, Inc. (I) 3,120 476,393

 

Core Allocation Plus Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Software (continued)    
SolarWinds, Inc. (I) 4,800 $ 267,552
Solera Holdings, Inc. 3,940 172,848
Splunk, Inc. (I) 890 32,681
Symantec Corp. (I) 12,700 228,600
Synopsys, Inc. (I) 10,690 352,984
TIBCO Software, Inc. (I) 6,850 207,076
TiVo, Inc. (I) 11,800 123,074
VMware, Inc., Class A (I) 800 77,392
Zynga, Inc., Class A (I) 18,800 53,392
 
    8,772,163
 
    25,002,332
Materials - 4.0%    
Chemicals - 2.6%    
Ashland, Inc. 6,640 475,424
CF Industries Holdings, Inc. 2,770 615,605
Eastman Chemical Company 810 46,178
FMC Corp. 5,200 287,976
Huabao International Holdings, Ltd. (L) 751,000 424,914
LyondellBasell Industries NV, Class A 15,940 823,460
Methanex Corp. (L) 5,490 156,685
Monsanto Company 620 56,432
NewMarket Corp. 270 66,550
PPG Industries, Inc. 1,670 191,783
The Sherwin-Williams Company 1,460 217,409
W.R. Grace & Company (I) 11,470 677,648
Westlake Chemical Corp. 7,130 520,918
 
    4,560,982
Construction Materials - 0.7%    
Cemex SAB de CV, ADR (I) 39,700 330,701
CRH PLC (London Exchange) 20,617 397,957
HeidelbergCement AG 5,220 274,059
Vulcan Materials Company 6,100 288,530
 
    1,291,247
Containers & Packaging - 0.2%    
Packaging Corp. of America 3,350 121,605
Silgan Holdings, Inc. 3,460 150,545
 
    272,150
Metals & Mining - 0.3%    
Aquarius Platinum, Ltd. 76,212 51,688
Detour Gold Corp. (I) 5,800 161,829
Monnet Ispat & Energy, Ltd. 22,389 129,205
Southern Copper Corp. (L) 3,300 113,388
Xingda International Holdings, Ltd. 456,000 142,820
 
    598,930
Paper & Forest Products - 0.2%    
KapStone Paper and Packaging Corp. (I) 5,850 130,982
Louisiana-Pacific Corp. (I) 6,670 83,375
Mondi PLC 17,576 179,439
 
    393,796
 
    7,117,105
Telecommunication Services - 1.1%    
Diversified Telecommunication Services - 1.0%    
AT&T, Inc. 25,350 955,695
Verizon Communications, Inc. 18,130 826,184
 
    1,781,879
Wireless Telecommunication Services - 0.1%    
SK Telecom Company, Ltd. 1,527 200,905

 

61

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Core Allocation Plus Trust (continued)  
    Shares or  
    Principal  
    Amount Value
 
COMMON STOCKS (continued)      
Wireless Telecommunication Services (continued)    
Sprint Nextel Corp. (I)   13,200 $ 72,864
      273,769
      2,055,648
Utilities - 1.2%      
Electric Utilities - 0.6%      
Entergy Corp.   5,770 399,861
Pinnacle West Capital Corp.   6,500 343,200
Xcel Energy, Inc.   14,500 401,795
 
      1,144,856
Gas Utilities - 0.1%      
Snam SpA   33,747 149,793
Independent Power Producers & Energy Traders - 0.1%  
AES Corp. (I)   8,800 96,536
Multi-Utilities - 0.4%      
Ameren Corp.   8,920 291,416
Public Service Enterprise Group, Inc.   12,700 408,686
 
      700,102
      2,091,287
TOTAL COMMON STOCKS (Cost $107,838,928) $ 114,428,969
 
U.S. GOVERNMENT & AGENCY      
OBLIGATIONS - 12.1%      
U.S. Government - 9.3%      
U.S. Treasury Bonds      
3.000%, 05/15/2042 $ 125,000 $ 129,805
3.125%, 11/15/2041   1,200,000 1,280,063
3.875%, 08/15/2040   100,000 122,344
4.250%, 05/15/2039   675,000 875,813
4.375%, 02/15/2038 to 05/15/2041   418,500 553,783
4.625%, 02/15/2040   500,000 687,110
4.750%, 02/15/2041   674,400 946,373
5.375%, 02/15/2031   100,000 144,750
6.250%, 08/15/2023   100,000 145,156
U.S. Treasury Notes      
0.625%, 07/15/2014   2,350,000 2,366,156
0.750%, 12/15/2013   1,850,000 1,861,995
1.750%, 07/31/2015   1,800,000 1,873,125
3.125%, 08/31/2013 (D)   2,550,000 2,618,233
4.000%, 02/15/2015   1,625,000 1,767,823
4.250%, 11/15/2014   1,100,000 1,192,727
 
      16,565,256
U.S. Government Agency - 2.8%      
Federal Home Loan Mortgage Corp.      
4.500%, 10/01/2038   62,393 66,999
Federal National Mortgage Association      
3.000%, TBA (C)   200,000 210,625
4.520%, 04/01/2020   290,966 335,631
4.680%, 02/01/2020   291,078 337,535
5.500%, TBA (C)   1,800,000 1,973,250
Government National Mortgage Association    
4.000%, 09/15/2040 to 09/15/2041   1,716,283 1,896,499
5.000%, 04/15/2036 to 04/15/2038   273,001 301,586
 
      5,122,125
TOTAL U.S. GOVERNMENT & AGENCY    
OBLIGATIONS (Cost $20,917,940)   $ 21,687,381

 

Core Allocation Plus Trust (continued)  
    Shares or  
    Principal  
    Amount Value
 
 
FOREIGN GOVERNMENT      
OBLIGATIONS - 0.3%      
Brazil - 0.2%      
Federative Republic of Brazil      
5.875%, 01/15/2019 $ 135,000 $ 168,075
Federative Republic of Brazil, Series B      
6.000%, 08/15/2014   200,000 230,624
 
      398,699
Mexico - 0.1%      
Government of Mexico      
3.625%, 03/15/2022   106,000 115,593
4.750%, 03/08/2044   74,000 82,325
 
      197,918
TOTAL FOREIGN GOVERNMENT      
OBLIGATIONS (Cost $577,247)   $ 596,617
 
CORPORATE BONDS - 12.8%      
Consumer Discretionary - 2.0%      
AutoNation, Inc.      
5.500%, 02/01/2020   16,000 17,080
Autozone, Inc.      
4.000%, 11/15/2020   135,000 147,362
CBS Corp.      
5.750%, 04/15/2020   90,000 108,230
8.875%, 05/15/2019   50,000 67,030
CCO Holdings LLC      
6.500%, 04/30/2021   15,000 16,050
6.625%, 01/31/2022   25,000 27,313
7.375%, 06/01/2020   40,000 44,650
Choice Hotels International, Inc.      
5.750%, 07/01/2022   10,000 10,900
Comcast Cable Communications LLC      
8.500%, 05/01/2027   50,000 72,609
Comcast Corp.      
6.450%, 03/15/2037   150,000 193,416
COX Communications, Inc.      
8.375%, 03/01/2039 (S)   180,000 274,350
CSC Holdings, Inc.      
7.625%, 07/15/2018   30,000 34,575
DIRECTV Holdings LLC      
4.600%, 02/15/2021   50,000 54,740
4.750%, 10/01/2014   70,000 75,076
DISH DBS Corp.      
5.875%, 07/15/2022 (S)   35,000 35,875
6.750%, 06/01/2021   35,000 38,150
Ford Motor Company      
7.450%, 07/16/2031   25,000 31,094
Ford Motor Credit Company LLC      
2.750%, 05/15/2015   200,000 203,967
Historic TW, Inc.      
6.625%, 05/15/2029   100,000 125,510
Home Depot, Inc.      
5.875%, 12/16/2036   150,000 197,878
Lamar Media Corp.      
5.875%, 02/01/2022   5,000 5,325
Liberty Interactive LLC      
8.250%, 02/01/2030   20,000 21,100
Limited Brands, Inc.      
5.625%, 02/15/2022   40,000 43,100
7.000%, 05/01/2020   10,000 11,350
Macy’s Retail Holdings, Inc.      
6.900%, 04/01/2029   50,000 59,042
NBCUniversal Media LLC      
2.875%, 01/15/2023   100,000 99,817
5.150%, 04/30/2020   110,000 130,384

 

62

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Core Allocation Plus Trust (continued)  
    Shares or  
    Principal  
    Amount Value
 
 
CORPORATE BONDS (continued)      
Consumer Discretionary (continued)      
NetFlix, Inc.      
8.500%, 11/15/2017 $ 15,000 $ 15,975
News America, Inc.      
6.150%, 02/15/2041   45,000 56,086
7.280%, 06/30/2028   140,000 174,344
7.850%, 03/01/2039   50,000 67,145
PVH Corp.      
7.375%, 05/15/2020   20,000 22,600
QVC, Inc.      
7.500%, 10/01/2019 (S)   20,000 22,131
Sally Holdings LLC      
5.750%, 06/01/2022   10,000 10,650
Sotheby’s      
5.250%, 10/01/2022 (S)   10,000 10,175
Time Warner Cable, Inc.      
4.500%, 09/15/2042   65,000 64,908
5.000%, 02/01/2020   90,000 104,363
5.875%, 11/15/2040   120,000 141,280
6.750%, 07/01/2018   100,000 125,794
Time Warner, Inc.      
5.875%, 11/15/2016   15,000 17,790
7.625%, 04/15/2031   200,000 279,635
Viacom, Inc.      
6.875%, 04/30/2036   135,000 178,484
Videotron Ltee      
5.000%, 07/15/2022   21,000 21,945
Wynn Las Vegas LLC      
7.750%, 08/15/2020   35,000 38,938
 
      3,498,216
Consumer Staples - 1.0%      
Altria Group, Inc.      
2.850%, 08/09/2022   75,000 74,845
9.700%, 11/10/2018   68,000 97,421
10.200%, 02/06/2039   25,000 42,882
Anheuser-Busch InBev Worldwide, Inc.      
1.375%, 07/15/2017   150,000 151,867
8.200%, 01/15/2039   50,000 83,627
Cargill, Inc.      
4.307%, 05/14/2021 (S)   100,000 110,944
Coca-Cola Enterprises, Inc.      
2.125%, 09/15/2015   170,000 175,254
Coca-Cola Refreshments USA, Inc.      
7.375%, 03/03/2014   1,000 1,096
Constellation Brands, Inc.      
7.250%, 05/15/2017   45,000 52,538
CVS Caremark Corp.      
6.250%, 06/01/2027   65,000 85,236
6.600%, 03/15/2019   100,000 127,816
General Mills, Inc.      
5.250%, 08/15/2013   100,000 104,150
Kraft Foods Group, Inc.      
3.500%, 06/06/2022 (S)   85,000 89,832
Kraft Foods, Inc.      
6.875%, 01/26/2039   90,000 123,843
Lorillard Tobacco Company      
8.125%, 06/23/2019   36,000 46,433
Molson Coors Brewing Company      
3.500%, 05/01/2022   25,000 26,495
PepsiCo, Inc.      
7.900%, 11/01/2018   114,000 154,592
The Coca-Cola Company      
1.800%, 09/01/2016   100,000 104,209

 

Core Allocation Plus Trust (continued)  
    Shares or  
    Principal  
    Amount Value
 
 
CORPORATE BONDS (continued)      
Consumer Staples (continued)      
Wal-Mart Stores, Inc.      
6.200%, 04/15/2038 $ 125,000 $ 172,530
 
      1,825,610
Energy - 1.3%      
Anadarko Petroleum Corp.      
6.450%, 09/15/2036   150,000 186,040
BP Capital Markets PLC      
1.846%, 05/05/2017   40,000 40,867
ConocoPhillips      
5.900%, 05/15/2038   245,000 326,910
CONSOL Energy, Inc.      
8.000%, 04/01/2017   5,000 5,225
8.250%, 04/01/2020   10,000 10,475
Continental Resources, Inc.      
5.000%, 09/15/2022   35,000 36,488
El Paso Corp.      
6.500%, 09/15/2020   40,000 44,915
7.000%, 06/15/2017   35,000 40,171
Energy Transfer Equity LP      
7.500%, 10/15/2020   45,000 51,075
EP Energy LLC      
6.875%, 05/01/2019 (S)   10,000 10,700
Gazprom Neft OAO      
4.375%, 09/19/2022 (S)   200,000 202,277
Harvest Operations Corp.      
6.875%, 10/01/2017   30,000 32,850
Hornbeck Offshore Services, Inc.      
5.875%, 04/01/2020   30,000 30,600
Kinder Morgan Energy Partners LP      
6.850%, 02/15/2020   75,000 94,214
Kinder Morgan Finance Company LLC      
6.000%, 01/15/2018 (S)   55,000 59,624
Newfield Exploration Company      
5.625%, 07/01/2024   10,000 11,100
5.750%, 01/30/2022   10,000 11,175
6.875%, 02/01/2020   25,000 27,438
Nexen, Inc.      
6.200%, 07/30/2019   100,000 121,164
Peabody Energy Corp.      
6.500%, 09/15/2020   61,000 62,373
Petrobras International Finance Company      
3.875%, 01/27/2016   115,000 121,667
5.375%, 01/27/2021   150,000 169,050
5.750%, 01/20/2020   100,000 114,001
6.750%, 01/27/2041   26,000 32,306
Pioneer Natural Resources Company      
6.650%, 03/15/2017   25,000 29,683
6.875%, 05/01/2018   25,000 30,360
Plains All American Pipeline LP      
5.750%, 01/15/2020   50,000 60,520
Range Resources Corp.      
5.750%, 06/01/2021   5,000 5,375
6.750%, 08/01/2020   20,000 22,000
7.500%, 10/01/2017   10,000 10,400
Transocean, Inc.      
2.500%, 10/15/2017   40,000 40,231
4.950%, 11/15/2015   100,000 109,478
Williams Partners LP      
3.350%, 08/15/2022   110,000 112,470
 
      2,263,222
Financials - 5.1%      
American Express Centurion Bank      
6.000%, 09/13/2017   250,000 303,324

 

63

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Core Allocation Plus Trust (continued)  
    Shares or  
    Principal  
    Amount Value
 
 
CORPORATE BONDS (continued)      
Financials (continued)      
American International Group, Inc.      
2.375%, 08/24/2015 $ 55,000 $ 55,587
4.875%, 09/15/2016   75,000 83,733
5.450%, 05/18/2017   100,000 114,040
Bank of America Corp.      
5.000%, 05/13/2021   100,000 109,941
5.625%, 07/01/2020   115,000 131,161
5.750%, 12/01/2017   210,000 241,672
5.875%, 01/05/2021   100,000 115,391
7.625%, 06/01/2019   125,000 156,117
Barclays Bank PLC      
6.050%, 12/04/2017 (S)   100,000 107,631
Brandywine Operating Partnership LP      
4.950%, 04/15/2018   75,000 80,595
7.500%, 05/15/2015   100,000 113,134
Capital One Financial Corp.      
6.150%, 09/01/2016   225,000 256,883
CIT Group, Inc.      
5.250%, 03/15/2018   31,000 33,248
Citigroup, Inc.      
2.250%, 08/07/2015   100,000 101,526
5.375%, 08/09/2020   16,000 18,502
6.125%, 11/21/2017 to 08/25/2036   480,000 551,600
6.875%, 03/05/2038   15,000 19,734
8.500%, 05/22/2019   125,000 165,340
Credit Acceptance Corp.      
9.125%, 02/01/2017   25,000 27,563
Discover Financial Services      
6.450%, 06/12/2017   100,000 113,549
DuPont Fabros Technology LP      
8.500%, 12/15/2017   30,000 33,075
Equity One, Inc.      
6.000%, 09/15/2017   50,000 56,344
ERP Operating LP      
5.250%, 09/15/2014   100,000 107,911
General Electric Capital Corp.      
4.650%, 10/17/2021   155,000 173,759
5.300%, 02/11/2021   150,000 172,170
5.875%, 01/14/2038   100,000 119,301
6.750%, 03/15/2032   90,000 115,401
General Electric Capital Corp., (6.250% to      
12/15/22, then 3 month LIBOR + 4.704%)      
6.250%, 12/15/2049   100,000 105,553
Hartford Financial Services Group, Inc.,      
(8.125% to 06/15/2018, then 3 month      
LIBOR + 4.6025%)      
8.125%, 06/15/2038   30,000 34,538
HCP, Inc.      
3.750%, 02/01/2019   30,000 31,456
5.650%, 12/15/2013   100,000 105,549
6.000%, 01/30/2017   35,000 40,290
Health Care REIT, Inc.      
5.250%, 01/15/2022   125,000 140,789
Host Hotels & Resorts LP      
6.000%, 11/01/2020   30,000 33,150
HSBC Holdings PLC      
5.100%, 04/05/2021   245,000 283,093
6.800%, 06/01/2038   100,000 122,224
ING US, Inc.      
5.500%, 07/15/2022 (S)   15,000 15,651
International Lease Finance Corp.      
5.650%, 06/01/2014   30,000 31,428
5.750%, 05/15/2016   60,000 63,625
6.375%, 03/25/2013   38,000 38,760
7.125%, 09/01/2018 (S)   50,000 58,250

 

Core Allocation Plus Trust (continued)  
    Shares or  
    Principal  
    Amount Value
 
 
CORPORATE BONDS (continued)      
Financials (continued)      
JPMorgan Chase & Company      
3.250%, 09/23/2022 $ 80,000 $ 80,451
4.350%, 08/15/2021   160,000 176,388
6.000%, 01/15/2018   150,000 178,881
6.400%, 05/15/2038   150,000 194,214
Kimco Realty Corp.      
6.875%, 10/01/2019   100,000 122,629
Massachusetts Mutual Life Insurance      
Company      
8.875%, 06/01/2039 (S)   100,000 147,695
Merrill Lynch & Company, Inc.      
6.400%, 08/28/2017   55,000 63,999
7.750%, 05/14/2038   100,000 125,712
Metropolitan Life Global Funding I      
3.125%, 01/11/2016 (S)   325,000 346,005
5.125%, 04/10/2013 (S)   25,000 25,602
Morgan Stanley      
4.750%, 03/22/2017   110,000 117,961
6.375%, 07/24/2042   80,000 88,208
6.625%, 04/01/2018   150,000 172,381
Nationwide Mutual Insurance Company      
9.375%, 08/15/2039 (S)   105,000 143,814
PNC Funding Corp.      
5.625%, 02/01/2017   100,000 115,147
ProLogis LP      
6.125%, 12/01/2016   100,000 114,208
Provident Funding Associates LP      
10.250%, 04/15/2017 (S)   25,000 26,875
Realty Income Corp.      
6.750%, 08/15/2019   100,000 122,179
Royal Bank of Scotland Group PLC      
2.550%, 09/18/2015   75,000 75,902
SLM Corp.      
4.625%, 09/25/2017   175,000 177,560
6.000%, 01/25/2017   20,000 21,775
8.450%, 06/15/2018   35,000 41,002
SunTrust Banks, Inc.      
3.600%, 04/15/2016   100,000 106,854
The Bear Stearns Companies LLC      
6.400%, 10/02/2017   115,000 138,300
The Goldman Sachs Group, Inc.      
5.250%, 07/27/2021   170,000 187,454
5.750%, 01/24/2022   200,000 230,426
6.750%, 10/01/2037   155,000 166,214
7.500%, 02/15/2019   105,000 130,241
The Royal Bank of Scotland PLC      
4.875%, 08/25/2014 (S)   160,000 170,012
Ventas Realty LP      
4.750%, 06/01/2021   75,000 82,445
Wachovia Corp.      
5.750%, 06/15/2017   155,000 185,821
Wells Fargo & Company      
3.676%, 06/15/2016   100,000 108,871
4.950%, 10/16/2013   140,000 146,056
 
      9,113,870
Health Care - 0.7%      
AmerisourceBergen Corp.      
5.875%, 09/15/2015   50,000 57,134
Amgen, Inc.      
3.875%, 11/15/2021   65,000 69,860
6.900%, 06/01/2038   100,000 132,626
Cigna Corp.      
4.000%, 02/15/2022   75,000 80,857

 

64

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Core Allocation Plus Trust (continued)  
    Shares or  
    Principal  
    Amount Value
 
 
CORPORATE BONDS (continued)      
Health Care (continued)      
Community Health Systems, Inc.      
5.125%, 08/15/2018 $ 5,000 $ 5,188
Express Scripts Holding Company      
2.100%, 02/12/2015 (S)   275,000 282,110
Fresenius US Finance II, Inc.      
9.000%, 07/15/2015 (S)   15,000 17,288
HCA, Inc.      
6.500%, 02/15/2020   40,000 44,500
8.500%, 04/15/2019   25,000 28,188
Medco Health Solutions, Inc.      
7.125%, 03/15/2018   60,000 75,354
Pfizer, Inc.      
7.200%, 03/15/2039   50,000 78,458
Roche Holdings, Inc.      
6.000%, 03/01/2019 (S)   125,000 156,962
Tenet Healthcare Corp.      
6.250%, 11/01/2018   50,000 55,125
Watson Pharmaceuticals, Inc.      
3.250%, 10/01/2022   65,000 65,849
WellPoint, Inc.      
4.650%, 01/15/2043   105,000 106,532
7.000%, 02/15/2019   30,000 37,431
 
      1,293,462
Industrials - 0.4%      
BE Aerospace, Inc.      
5.250%, 04/01/2022   35,000 36,400
Bombardier, Inc.      
7.500%, 03/15/2018 (S)   20,000 22,650
Case New Holland, Inc.      
7.875%, 12/01/2017   80,000 93,800
Clean Harbors, Inc.      
5.250%, 08/01/2020 (S)   10,000 10,300
Continental Airlines 1997-4 Class A Pass      
Through Trust      
6.900%, 01/02/2018   37,708 41,101
Continental Airlines 1998-1 Class A Pass      
Through Trust      
6.648%, 09/15/2017   39,341 42,489
Continental Airlines 2012-2 Class A Pass Thru    
Certificates      
4.000%, 10/29/2024   85,000 87,019
Crown Americas LLC      
6.250%, 02/01/2021   10,000 11,150
7.625%, 05/15/2017   35,000 37,450
Deluxe Corp.      
7.375%, 06/01/2015   15,000 15,263
ERAC USA Finance LLC      
6.375%, 10/15/2017 (S)   100,000 119,489
Esterline Technologies Corp.      
7.000%, 08/01/2020   5,000 5,550
Huntington Ingalls Industries, Inc.      
7.125%, 03/15/2021   30,000 32,288
Masco Corp.      
6.500%, 08/15/2032   15,000 15,547
7.125%, 03/15/2020   35,000 39,848
Textron, Inc.      
7.250%, 10/01/2019   50,000 59,017
US Airways 2010-1 Class A Pass      
Through Trust      
6.250%, 04/22/2023   14,032 14,909
Waste Management, Inc.      
6.375%, 03/11/2015   45,000 50,629
 
      734,899

 

Core Allocation Plus Trust (continued)  
    Shares or  
    Principal  
    Amount Value
 
 
CORPORATE BONDS (continued)      
Information Technology - 0.1%      
Audatex North America, Inc.      
6.750%, 06/15/2018 (S) $ 10,000 $ 10,675
Equinix, Inc.      
8.125%, 03/01/2018   20,000 22,200
Fidelity National Information Services, Inc.      
5.000%, 03/15/2022   35,000 36,138
Hughes Satellite Systems Corp.      
6.500%, 06/15/2019   15,000 16,050
Jabil Circuit, Inc.      
5.625%, 12/15/2020   5,000 5,350
Seagate HDD Cayman      
6.875%, 05/01/2020   55,000 58,644
 
      149,057
Materials - 0.4%      
Agrium, Inc.      
7.125%, 05/23/2036   50,000 67,640
ArcelorMittal      
6.500%, 02/25/2022   55,000 54,185
Ball Corp.      
5.000%, 03/15/2022   10,000 10,475
6.750%, 09/15/2020   30,000 33,000
CF Industries, Inc.      
7.125%, 05/01/2020   15,000 18,825
Clearwater Paper Corp.      
7.125%, 11/01/2018   5,000 5,438
FMG Resources August 2006 Pty, Ltd.      
6.000%, 04/01/2017 (S)   70,000 65,100
Nufarm Australia, Ltd.      
6.375%, 10/15/2019 (S)   10,000 10,000
Owens-Brockway Glass Container, Inc.      
7.375%, 05/15/2016   45,000 51,638
Rio Tinto Finance USA, Ltd.      
6.500%, 07/15/2018   75,000 93,451
Rock-Tenn Company      
4.000%, 03/01/2023 (S)   15,000 15,148
Silgan Holdings, Inc.      
5.000%, 04/01/2020   40,000 41,850
The Dow Chemical Company      
4.250%, 11/15/2020   125,000 137,560
5.900%, 02/15/2015   50,000 55,705
 
      660,015
Telecommunication Services - 0.8%      
AT&T, Inc.      
5.500%, 02/01/2018   160,000 194,140
6.300%, 01/15/2038   160,000 210,274
Cricket Communications, Inc.      
7.750%, 05/15/2016   55,000 58,025
Deutsche Telekom International Finance BV      
8.750%, 06/15/2030   50,000 75,269
eAccess, Ltd.      
8.250%, 04/01/2018 (S)   5,000 4,550
Frontier Communications Corp.      
7.125%, 03/15/2019   10,000 10,650
8.250%, 04/15/2017   10,000 11,350
SBA Telecommunications, Inc.      
8.250%, 08/15/2019   10,000 11,175
SBA Tower Trust      
2.933%, 12/15/2017 (S)   75,000 77,110
Sprint Nextel Corp.      
7.000%, 03/01/2020 (S)   15,000 16,800
9.000%, 11/15/2018 (S)   15,000 18,000
Telecom Italia Capital SA      
5.250%, 11/15/2013   50,000 51,563

 

65

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Core Allocation Plus Trust (continued)  
    Shares or  
    Principal  
    Amount Value
 
 
CORPORATE BONDS (continued)      
Telecommunication Services (continued)      
Telecom Italia Capital SA (continued)      
6.000%, 09/30/2034 $ 25,000 $ 22,125
Telefonica Emisiones SAU      
3.992%, 02/16/2016   50,000 49,750
5.134%, 04/27/2020   75,000 73,594
Verizon Communications, Inc.      
8.750%, 11/01/2018   285,000 398,005
Verizon Wireless Capital LLC      
5.550%, 02/01/2014   115,000 122,332
Vivendi SA      
2.400%, 04/10/2015 (S)   60,000 60,797
Windstream Corp.      
7.875%, 11/01/2017   60,000 67,050
 
      1,532,559
Utilities - 1.0%      
AmeriGas Finance LLC      
6.750%, 05/20/2020   25,000 26,688
AmeriGas Partners LP      
6.500%, 05/20/2021   15,000 15,750
Calpine Corp.      
7.500%, 02/15/2021   20,000 21,600
Carolina Power & Light Company      
5.300%, 01/15/2019   55,000 66,445
CenterPoint Energy, Inc.      
6.500%, 05/01/2018   50,000 60,043
Centrais Eletricas Brasileiras SA      
5.750%, 10/27/2021 (S)   270,000 300,375
Commonwealth Edison Company      
5.950%, 08/15/2016   100,000 117,656
Dominion Resources, Inc.      
6.400%, 06/15/2018   50,000 62,384
7.000%, 06/15/2038   25,000 36,151
DPL, Inc.      
7.250%, 10/15/2021 (S)   40,000 45,600
Duke Energy Corp.      
5.650%, 06/15/2013   50,000 51,786
Edison International      
3.750%, 09/15/2017   50,000 53,720
Ferrellgas LP      
6.500%, 05/01/2021   16,000 15,480
FirstEnergy Corp.      
7.375%, 11/15/2031   100,000 131,106
Ipalco Enterprises, Inc.      
7.250%, 04/01/2016 (S)   5,000 5,563
Nevada Power Company      
6.500%, 08/01/2018   50,000 63,717
NiSource Finance Corp.      
6.400%, 03/15/2018   50,000 61,170
Oncor Electric Delivery Company LLC      
7.500%, 09/01/2038   50,000 65,331
Progress Energy, Inc.      
7.000%, 10/30/2031   50,000 66,212
Puget Sound Energy, Inc.      
5.757%, 10/01/2039   100,000 132,694
Sempra Energy      
6.500%, 06/01/2016   115,000 136,961
Southern California Edison Company      
6.000%, 01/15/2034   100,000 132,642
The AES Corp.      
8.000%, 06/01/2020   20,000 23,250

 

Core Allocation Plus Trust (continued)  
    Shares or  
    Principal  
    Amount Value
 
CORPORATE BONDS (continued)      
Utilities (continued)      
Union Electric Company      
3.900%, 09/15/2042 $ 100,000 $ 102,525
 
      1,794,849
TOTAL CORPORATE BONDS (Cost $20,347,567) $ 22,865,759
 
CAPITAL PREFERRED SECURITIES - 0.1%    
Financials - 0.1%      
ACE Capital Trust II      
9.700%, 04/01/2030 $ 75,000 $ 107,438
TOTAL CAPITAL PREFERRED SECURITIES (Cost $83,582) $ 107,438
Municipal Bonds - 1.1%      
Bay Area Toll Authority (California)      
6.263%, 04/01/2049   50,000 70,946
City of Chicago (Illinois)      
6.845%, 01/01/2038   155,000 178,524
Illinois State Toll Highway Authority      
6.184%, 01/01/2034   95,000 121,793
Irvine Ranch Water District Joint Powers      
Agency (California)      
2.605%, 03/15/2014   130,000 134,078
Los Angeles Unified School District      
(California)      
5.750%, 07/01/2034   150,000 176,679
Maryland State Transportation Authority      
5.888%, 07/01/2043   40,000 53,906
New Jersey State Turnpike Authority      
7.414%, 01/01/2040   100,000 148,844
New York State Thruway Authority      
5.883%, 04/01/2030   185,000 238,099
Port Authority of New York & New Jersey      
(New York)      
6.040%, 12/01/2029   45,000 57,893
State of California      
7.550%, 04/01/2039   100,000 136,490
7.300%, 10/01/2039   175,000 233,013
7.600%, 11/01/2040   30,000 41,644
State of Illinois      
5.665%, 03/01/2018   200,000 225,772
University of California      
5.770%, 05/15/2043   85,000 104,745
University of Missouri      
5.960%, 11/01/2039   110,000 145,556
TOTAL MUNICIPAL BONDS (Cost $1,670,606) $ 2,067,982
 
COLLATERALIZED MORTGAGE      
OBLIGATIONS - 1.2%      
Commercial & Residential - 1.2%      
American Tower Trust, Series 2007-1A,      
Class AFX 5.420%, 04/15/2037 (S)   50,000 52,618
Banc of America Merrill Lynch Commercial    
Mortgage, Inc., Series 2007-4, Class A4      
5.920%, 02/10/2051 (P)   140,000 165,443
Bear Stearns Commercial Mortgage Securities    
Series 2006-PW14, Class A4,      
5.201%, 12/11/2038   215,000 247,757
Series 2007-T26, Class A4,      
5.471%, 01/12/2045 (P)   30,000 34,856
Series 2006-PW11, Class A4,      
5.619%, 03/11/2039 (P)   225,000 255,732
Series 2007-PW16, Class A4,      
5.906%, 06/11/2040 (P)   140,000 165,152

 

66

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Core Allocation Plus Trust (continued)  
    Shares or  
    Principal  
    Amount Value
 
 
COLLATERALIZED MORTGAGE      
OBLIGATIONS (continued)      
Commercial & Residential (continued)      
Citigroup/Deutsche Bank Commercial      
Mortgage Trust, Series 2007-CD4, Class AJ    
5.398%, 12/11/2049 (P) $ 50,000 $ 27,003
Commercial Mortgage Pass Through      
Certificates, Series 2010-C1, Class A3      
4.205%, 07/10/2046 (S)   135,000 153,934
Credit Suisse Mortgage Capital Certificates,    
Series 2006-C1, Class A4      
5.588%, 02/15/2039 (P)   210,000 238,298
DBUBS Mortgage Trust, Series 2011-LC1A,    
Class A3 5.002%, 11/10/2046 (S)   140,000 167,164
Greenwich Capital Commercial      
Funding Corp., Series 2004-GG1, Class A7    
5.317%, 06/10/2036 (P)   70,000 73,910
GS Mortgage Securities Corp. II      
Series 2011-GC3, Class A4,      
4.753%, 03/10/2044 (S)   100,000 117,812
Series 2005-ROCK, Class A,      
5.366%, 05/03/2032 (S)   30,000 37,196
LB-UBS Commercial Mortgage Trust,      
Series 2006-C4, Class A4      
6.064%, 06/15/2038 (P)   140,000 161,786
OBP Depositor LLC Trust, Series 2010-OBP,    
Class A 4.646%, 07/15/2045 (S)   100,000 117,891
UBS-Barclays Commercial Mortgage Trust,    
Series 2012-C3, Class E      
4.958%, 08/10/2049 (P)(S)   60,000 36,435
WFRBS Commercial Mortgage Trust,      
Series 2011-C4, Class F      
5.000%, 06/15/2044 (P)(S)   25,000 17,905
TOTAL COLLATERALIZED MORTGAGE    
OBLIGATIONS (Cost $1,907,905)   $ 2,070,892
 
ASSET BACKED SECURITIES - 0.7%      
Ally Master Owner Trust, Series 2010-3,      
Class B 3.470%, 04/15/2015 (S)   125,000 125,805
Avis Budget Rental Car Funding AESOP LLC    
Series 2009-2A, Class A,      
5.680%, 02/20/2014 (S)   195,833 198,110
Series 2009-1A, Class A,      
9.310%, 10/20/2013 (S)   18,333 18,428
CenterPoint Energy Transition Bond      
Company LLC, Series 2005-A, Class A      
5.170%, 08/01/2019   28,000 32,049
First Investors Auto Owner Trust,      
Series 2012-1A, Class A2      
1.960%, 11/15/2017 (S)   87,974 89,208
Ford Credit Auto Lease Trust, Series 2012-A,    
Class B 1.610%, 10/15/2016 (S)   175,000 176,197
Hertz Vehicle Financing LLC, Series 2010-1A,    
Class A2 3.740%, 02/25/2017 (S)   150,000 162,396
Santander Drive Auto Receivables Trust      
Series 2012-5, Class B,      
1.560%, 08/15/2018   80,000 80,212
Series 2011-1, Class B,      
2.350%, 11/16/2015   185,000 187,907
Saxon Asset Securities Trust, Series 2006-3,    
Class A3 0.387%, 10/25/2046 (P)   110,000 66,037
SNAAC Auto Receivables Trust,      
Series 2012-1A, Class A      
1.780%, 06/15/2016 (S)   32,473 32,533

 

Core Allocation Plus Trust (continued)  
    Shares or  
    Principal  
    Amount Value
 
 
ASSET BACKED SECURITIES (continued)    
Volvo Financial Equipment LLC,      
Series 2012-1A, Class B      
1.510%, 08/15/2017 (S) $ 35,000 $ 35,415
TOTAL ASSET BACKED SECURITIES (Cost $1,173,939) $ 1,204,297
 
INVESTMENT COMPANIES - 0.1%      
Financials - 0.1%      
iShares Russell 2000 Growth Index Fund   1,050 $ 100,391
TOTAL INVESTMENT COMPANIES (Cost $101,085) $ 100,391
 
SECURITIES LENDING COLLATERAL - 4.3%    
John Hancock Collateral      
Investment Trust, 0.3462% (W)(Y)   773,040 7,737,052
TOTAL SECURITIES LENDING      
COLLATERAL (Cost $7,736,883)   $ 7,737,052
 
SHORT-TERM INVESTMENTS - 8.6%      
Repurchase Agreement - 8.6%      
Bank of America Tri-Party Repurchase      
Agreement dated 09/28/2012 at 0.170% to    
be repurchased at $15,300,217 on      
10/01/2012, collateralized by $14,652,254    
Federal National Mortgage Association,      
4.500% due 12/01/2040 (valued at      
$15,556,549, including interest) $ 15,300,000 $ 15,300,000
TOTAL SHORT-TERM INVESTMENTS (Cost $15,300,000) $ 15,300,000
Total Investments (Core Allocation Plus Trust)    
(Cost $177,655,682) - 105.4%   $ 188,166,778
Other assets and liabilities, net - (5.4%)     (9,679,410)
 
TOTAL NET ASSETS - 100.0%   $ 178,487,368
 
 
 
Core Bond Trust      
    Shares or  
    Principal  
    Amount Value
 
U.S. GOVERNMENT & AGENCY      
OBLIGATIONS - 50.4%      
U.S. Government - 19.2%      
U.S. TreasuryBond 3.000%, 05/15/2042 $ 5,707,000 $ 5,926,366
U.S. Treasury Bonds      
2.750%, 08/15/2042   5,375,000 5,293,537
3.125%, 11/15/2041 to 02/15/2042   11,402,000 12,148,255
4.250%, 11/15/2040   5,471,000 7,113,153
4.375%, 05/15/2041   5,048,000 6,697,278
4.500%, 02/15/2036   12,738,000 17,017,178
U.S. Treasury Notes      
0.250%, 10/31/2013 to 09/15/2015   131,617,000 131,585,742
0.375%, 04/15/2015   41,705,000 41,796,251
0.625%, 08/31/2017 to 09/30/2017   27,626,000 27,645,062
1.000%, 08/31/2019   6,462,000 6,447,864
1.125%, 09/30/2019   6,699,000 6,677,019
1.625%, 08/15/2022   2,078,000 2,076,377
1.750%, 05/15/2022   10,108,000 10,254,091
2.375%, 02/28/2015   18,820,000 19,768,359
3.000%, 09/30/2016   39,216,000 43,159,051
 
      343,605,583
U.S. Government Agency - 31.2%      
Federal Home Loan Mortgage Corp.      
2.500%, TBA (C)   17,700,000 18,537,984

 

67

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Core Bond Trust (continued)    
    Shares or  
    Principal  
    Amount Value
 
 
U.S. GOVERNMENT & AGENCY      
OBLIGATIONS (continued)      
U.S. Government Agency (continued)      
Federal Home Loan Mortgage Corp. (continued)    
3.000%, 07/01/2032 to 09/01/2032 $ 2,332,345 $ 2,487,224
3.500%, 01/01/2032 to 11/25/2032   15,483,189 16,735,376
4.000%, 01/01/2032 to 06/01/2042   57,036,614 63,242,289
4.500%, 10/15/2042   1,746,000 1,974,071
5.000%, 08/01/2039 to 04/01/2042   30,778,100 34,594,583
5.500%, 07/01/2038   5,494,865 6,052,508
5.586%, 10/01/2038 (P)   293,922 316,968
5.636%, 11/01/2039 (P)   6,019,573 6,565,209
5.720%, 11/01/2037 (P)   66,376 71,266
5.899%, 03/01/2037 (P)   96,302 104,539
6.000%, 03/01/2034 to 03/01/2036   4,579,538 5,120,615
Federal National Mortgage Association      
2.500%, TBA (C)   64,200,000 67,220,840
3.000%, TBA (C)   28,644,071 30,117,832
3.000%, 07/01/2032 to 09/01/2032   2,682,575 2,864,379
3.500%, TBA (C)   9,000,000 9,257,361
3.500%, 01/01/2032 to 10/01/2042   19,825,075 21,407,668
4.000%, 08/01/2032 to 10/01/2042   85,575,066 95,014,390
5.000%, TBA (C)   4,700,000 5,074,872
5.000%, 04/01/2040 to 09/01/2041   52,098,632 58,188,072
5.500%, 09/01/2034 to 07/01/2039   2,932,528 3,256,563
5.833%, 09/01/2037 (P)   1,864,625 2,033,642
5.987%, 09/01/2037 (P)   202,544 220,903
6.000%, TBA (C)   6,800,000 7,478,586
6.000%, 03/01/2034 to 10/01/2038   61,994,127 69,495,838
6.270%, 09/01/2037 (P)   1,584,027 1,736,381
6.311%, 07/01/2037 (P)   81,744 89,435
6.500%, 10/01/2036   2,804,915 3,159,149
Government National Mortgage Association      
3.000%, 08/20/2041 to 01/20/2042 (P)   3,910,415 4,231,899
3.500%, 05/20/2041 to 10/20/2041 (P)   11,244,683 12,235,654
6.000%, 01/15/2040   7,961,671 8,993,889
 
      557,879,985
TOTAL U.S. GOVERNMENT & AGENCY      
OBLIGATIONS (Cost $885,597,805)   $ 901,485,568
 
FOREIGN GOVERNMENT      
OBLIGATIONS - 1.4%      
Canada - 0.4%      
Province of Manitoba Canada      
1.750%, 05/30/2019   1,760,000 1,802,492
2.100%, 09/06/2022   871,000 884,031
Province of Ontario Canada      
1.650%, 09/27/2019   5,245,000 5,268,198
 
      7,954,721
Japan - 0.3%      
Japan Bank for International Cooperation      
1.125%, 07/19/2017   4,475,000 4,505,403
Mexico - 0.1%      
Government of Mexico      
5.750%, 10/12/2110   2,144,000 2,562,080
Slovakia - 0.3%      
Government of Slovakia      
4.375%, 05/21/2022 (S)   4,970,000 5,228,937
Sweden - 0.1%      
Svensk Exportkredit AB      
1.750%, 05/30/2017   1,755,000 1,793,484

 

Core Bond Trust (continued)    
    Shares or  
    Principal  
    Amount Value
 
 
FOREIGN GOVERNMENT      
OBLIGATIONS (continued)      
Tunisia - 0.2%      
Tunisia Government Bonds      
1.686%, 07/16/2019 $ 3,108,000 $ 3,096,326
TOTAL FOREIGN GOVERNMENT      
OBLIGATIONS (Cost $24,459,719)   $ 25,140,951
 
CORPORATE BONDS - 26.5%      
Consumer Discretionary - 2.5%      
Comcast Corp. 4.650%, 07/15/2042   705,000 755,072
Daimler Finance North America LLC      
1.300%, 07/31/2015 (S)   4,230,000 4,246,645
1.875%, 09/15/2014 (S)   4,290,000 4,356,791
DIRECTV Holdings LLC      
3.800%, 03/15/2022   1,315,000 1,353,541
5.150%, 03/15/2042   1,330,000 1,354,757
Ford Motor Credit Company LLC      
2.750%, 05/15/2015   4,265,000 4,349,605
5.875%, 08/02/2021   2,055,000 2,325,434
LVMH Moet Hennessy Louis Vuitton SA      
1.625%, 06/29/2017 (S)   4,665,000 4,705,721
NBCUniversal Media LLC      
2.875%, 01/15/2023   3,023,000 3,017,468
4.450%, 01/15/2043   2,015,000 2,008,129
News America, Inc.      
6.150%, 03/01/2037 to 02/15/2041   1,887,000 2,300,904
Omnicom Group, Inc. 3.625%, 05/01/2022   1,955,000 2,065,373
Pearson Funding Four PLC      
3.750%, 05/08/2022 (S)   1,104,000 1,150,654
The Gap, Inc. 5.950%, 04/12/2021   3,099,000 3,452,735
Time Warner Cable, Inc.      
4.500%, 09/15/2042   1,400,000 1,398,016
5.500%, 09/01/2041   954,000 1,080,852
WPP Finance 2010 5.125%, 09/07/2042   1,745,000 1,709,950
Wyndham Worldwide Corp.      
2.950%, 03/01/2017   1,065,000 1,074,196
4.250%, 03/01/2022   2,390,000 2,456,906
 
      45,162,749
Consumer Staples - 2.9%      
Anheuser-Busch InBev Worldwide, Inc.      
0.800%, 07/15/2015   5,785,000 5,809,204
1.375%, 07/15/2017   5,755,000 5,826,638
Church & Dwight Compnay, Inc.      
2.875%, 10/01/2022   1,495,000 1,517,310
ConAgra Foods, Inc.      
1.350%, 09/10/2015   1,310,000 1,319,132
2.100%, 03/15/2018   1,310,000 1,329,829
3.250%, 09/15/2022   1,180,000 1,189,593
Ingredion, Inc. 1.800%, 09/25/2017   1,460,000 1,464,460
Kraft Foods Group, Inc.      
5.000%, 06/04/2042 (S)   1,050,000 1,172,871
Kraft Foods, Inc.      
5.375%, 02/10/2020   1,765,000 2,129,633
6.500%, 02/09/2040   1,380,000 1,871,458
PepsiCo, Inc.      
1.250%, 08/13/2017   6,110,000 6,165,711
2.500%, 05/10/2016   2,005,000 2,116,486
Pernod-Ricard SA 5.750%, 04/07/2021 (S)   2,618,000 3,115,383
Philip Morris International, Inc.      
1.125%, 08/21/2017   3,450,000 3,448,030
The Coca-Cola Company 1.800%, 09/01/2016 3,240,000 3,376,362
Tyson Foods, Inc. 4.500%, 06/15/2022   3,310,000 3,467,225
Wal-Mart Stores, Inc. 5.625%, 04/15/2041   1,330,000 1,776,557
Walgreen Company      
1.800%, 09/15/2017   2,435,000 2,463,076

 

68

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Core Bond Trust (continued)    
    Shares or  
    Principal  
    Amount Value
 
 
CORPORATE BONDS (continued)      
Consumer Staples (continued)      
Walgreen Company (continued)      
3.100%, 09/15/2022 $ 1,945,000 $ 1,974,344
      51,533,302
Energy - 3.4%      
BP Capital Markets PLC 1.846%, 05/05/2017 1,685,000 1,721,531
Canadian Oil Sands Ltd.      
6.000%, 04/01/2042 (S)   1,991,000 2,293,684
DCP Midstream Operating LP      
4.950%, 04/01/2022   2,545,000 2,676,080
El Paso Pipeline Partners      
Operating Company LLC      
4.100%, 11/15/2015   2,075,000 2,205,474
7.500%, 11/15/2040   810,000 1,053,373
Energen Corp. 4.625%, 09/01/2021   2,125,000 2,210,083
Energy Transfer Partners LP      
5.200%, 02/01/2022   55,000 61,025
6.500%, 02/01/2042   1,380,000 1,594,208
9.000%, 04/15/2019   339,000 437,090
Eog Resources, Inc. 2.625%, 03/15/2023   1,480,000 1,496,423
FMC Technologies, Inc. 3.450%, 10/01/2022 1,945,000 1,972,364
Husky Energy, Inc. 7.250%, 12/15/2019   682,000 876,867
Kerr-McGee Corp. 6.950%, 07/01/2024   2,895,000 3,738,198
Kinder Morgan Energy Partners LP      
5.000%, 08/15/2042   1,225,000 1,273,552
Marathon Petroleum Corp.      
6.500%, 03/01/2041   1,774,000 2,175,697
ONEOK Partners LP      
2.000%, 10/01/2017   1,575,000 1,604,579
6.125%, 02/01/2041   755,000 907,912
Petrobras International Finance Company      
2.875%, 02/06/2015   1,780,000 1,829,530
3.500%, 02/06/2017   4,505,000 4,712,428
Petroleos Mexicanos      
1.700%, 12/20/2022   2,734,000 2,765,441
1.950%, 12/20/2022   3,518,000 3,602,432
2.000%, 12/20/2022   1,238,000 1,270,807
6.500%, 06/02/2041   360,000 448,740
Reliance Holdings USA, Inc.      
5.400%, 02/14/2022 (S)   1,585,000 1,688,694
Shell International Finance BV      
1.125%, 08/21/2017   2,625,000 2,634,715
Talisman Energy, Inc. 7.750%, 06/01/2019   1,430,000 1,818,048
Total Capital International SA      
1.550%, 06/28/2017   2,704,000 2,755,335
2.700%, 01/25/2023   1,331,000 1,354,655
Transocean, Inc.      
3.800%, 10/15/2022   2,196,000 2,207,918
6.375%, 12/15/2021   2,745,000 3,285,976
Western Gas Partners LP      
4.000%, 07/01/2022   1,016,000 1,059,302
5.375%, 06/01/2021   580,000 659,228
 
      60,391,389
Financials - 11.6%      
Achmea Hypotheekbank NV      
3.200%, 11/03/2014 (S)   4,432,000 4,647,284
American Express Credit Corp.      
1.750%, 06/12/2015   4,370,000 4,469,951
American International Group, Inc.      
4.875%, 06/01/2022   1,805,000 2,034,636
8.250%, 08/15/2018   1,280,000 1,646,364
Australia & New Zealand Banking Group, Ltd.    
1.000%, 10/06/2015 (S)   4,645,000 4,637,484

 

Core Bond Trust (continued)    
    Shares or  
    Principal  
    Amount Value
 
 
CORPORATE BONDS (continued)      
Financials (continued)      
Bank of America Corp.      
3.875%, 03/22/2017 $ 1,329,000 $ 1,430,482
5.700%, 01/24/2022   440,000 516,922
5.875%, 02/07/2042   905,000 1,059,138
6.000%, 09/01/2017   2,365,000 2,736,139
Berkshire Hathaway Finance Corp.      
1.600%, 05/15/2017   2,630,000 2,691,776
4.400%, 05/15/2042   1,135,000 1,169,701
Boston Properties LP      
3.700%, 11/15/2018   1,090,000 1,182,221
3.850%, 02/01/2023   2,150,000 2,265,010
Citigroup Funding, Inc. 1.875%, 10/22/2012   3,690,000 3,693,458
Citigroup, Inc.      
2.250%, 08/07/2015   2,955,000 3,000,079
2.650%, 03/02/2015   3,110,000 3,185,657
4.450%, 01/10/2017   2,154,000 2,366,369
4.500%, 01/14/2022   3,711,000 4,075,546
6.125%, 05/15/2018   810,000 959,032
Commonwealth Bank of Australia      
1.950%, 03/16/2015   4,270,000 4,364,269
DDR Corp. 4.625%, 07/15/2022   1,305,000 1,419,328
Federal Realty      
Investment Trust 3.000%, 08/01/2022   1,015,000 1,010,341
General Electric Capital Corp.      
1.625%, 07/02/2015   2,685,000 2,731,963
3.150%, 09/07/2022   5,235,000 5,246,671
6.875%, 01/10/2039   2,204,000 2,948,064
Goodman Funding Pty, Ltd.      
6.000%, 03/22/2022 (S)   990,000 1,063,628
Hartford Financial Services Group, Inc.      
6.625%, 04/15/2042   610,000 738,536
HCP, Inc.      
3.150%, 08/01/2022   745,000 724,413
3.750%, 02/01/2019   3,030,000 3,177,046
5.650%, 12/15/2013   2,945,000 3,108,406
HSBC Holdings PLC      
4.000%, 03/30/2022   1,925,000 2,065,856
6.800%, 06/01/2038   1,411,000 1,724,585
HSBC USA, Inc. 2.375%, 02/13/2015   6,420,000 6,609,005
ING Bank NV 2.000%, 09/25/2015 (S)   4,165,000 4,157,993
Inter-American Development Bank      
3.200%, 08/07/2042   1,330,000 1,295,308
3.875%, 10/28/2041   2,669,000 2,917,110
JPMorgan Chase & Company      
2.000%, 08/15/2017   2,167,000 2,186,386
3.250%, 09/23/2022   1,750,000 1,759,863
4.500%, 01/24/2022   1,715,000 1,902,803
4.650%, 06/01/2014   2,656,000 2,815,458
5.400%, 01/06/2042   1,355,000 1,577,162
KFW 2.000%, 10/04/2022   2,306,000 2,284,557
Kilroy Realty LP      
4.800%, 07/15/2018   1,235,000 1,365,379
5.000%, 11/03/2015   810,000 879,561
Lazard Group LLC      
6.850%, 06/15/2017   4,143,000 4,676,767
7.125%, 05/15/2015   2,970,000 3,275,340
Liberty Mutual Group, Inc.      
6.500%, 05/01/2042 (S)   2,325,000 2,519,644
Markel Corp. 4.900%, 07/01/2022   1,240,000 1,310,377
MetLife, Inc. 4.125%, 08/13/2042   1,315,000 1,296,486
Metropolitan Life Global Funding I      
0.731%, 03/19/2014 (P)(S)   9,250,000 9,250,436
Morgan Stanley 5.500%, 07/28/2021   3,924,000 4,295,281
Murray Street Investment Trust I      
4.647%, 03/09/2017   6,525,000 7,008,424

 

69

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Core Bond Trust (continued)    
    Shares or  
    Principal  
    Amount Value
 
 
CORPORATE BONDS (continued)      
Financials (continued)      
National Australia Bank, Ltd.      
1.600%, 08/07/2015 $ 2,780,000 $ 2,807,967
2.000%, 06/20/2017 (S)   3,300,000 3,390,192
NIBC Bank NV 2.800%, 12/02/2014 (S)   2,465,000 2,571,863
Nordea Bank AB      
2.250%, 03/20/2015 (S)   3,830,000 3,899,312
3.125%, 03/20/2017 (S)   515,000 538,699
4.250%, 09/21/2022 (S)   1,450,000 1,441,365
4.875%, 05/13/2021 (S)   1,525,000 1,601,955
Private Export Funding Corp.      
1.450%, 08/15/2019   4,424,000 4,463,608
2.450%, 07/15/2024   3,546,000 3,575,333
Prudential Covered Trust 2012-1      
2.997%, 09/30/2015 (S)   2,185,000 2,270,047
Prudential Financial, Inc. 5.625%, 05/12/2041 545,000 613,790
Rabobank Nederland NV NY      
3.875%, 02/08/2022   1,780,000 1,889,541
Royal Bank of Scotland Group PLC      
2.550%, 09/18/2015   3,895,000 3,941,865
Safina, Ltd. 1.550%, 01/15/2022   1,769,000 1,766,559
Stadshypotek AB 1.875%, 10/02/2019 (S)   9,384,000 9,387,312
Svenska Handelsbanken AB      
2.875%, 04/04/2017   2,560,000 2,694,753
Swedbank AB 2.125%, 09/29/2017 (S)   3,524,000 3,527,222
The Goldman Sachs Group, Inc.      
3.300%, 05/03/2015   3,045,000 3,168,539
6.000%, 06/15/2020   2,190,000 2,525,631
Torchmark Corp. 3.800%, 09/15/2022   528,000 539,717
Ventas Realty LP 4.000%, 04/30/2019   950,000 1,015,492
WEA Finance LLC      
3.375%, 10/03/2022 (S)   2,510,000 2,495,874
4.625%, 05/10/2021 (S)   770,000 840,782
Westpac Banking Corp.      
1.375%, 07/17/2015 (S)   4,615,000 4,673,610
WR Berkley Corp. 4.625%, 03/15/2022   1,065,000 1,126,904
 
      208,241,627
Health Care - 2.1%      
Amgen, Inc. 5.375%, 05/15/2043   2,645,000 3,069,033
AstraZeneca PLC      
1.950%, 09/18/2019   1,765,000 1,797,100
4.000%, 09/18/2042   441,000 452,059
Boston Scientific Corp. 6.400%, 06/15/2016   1,730,000 2,002,994
Celgene Corp. 3.250%, 08/15/2022   3,500,000 3,534,122
Coventry Health Care, Inc.      
5.950%, 03/15/2017   2,502,000 2,922,266
Express Scripts Holding Company      
2.100%, 02/12/2015 (S)   3,770,000 3,867,466
2.650%, 02/15/2017 (S)   662,000 693,855
Gilead Sciences, Inc.      
4.500%, 04/01/2021   1,635,000 1,875,235
5.650%, 12/01/2041   1,170,000 1,465,267
GlaxoSmithKline Capital PLC      
1.500%, 05/08/2017   735,000 747,910
Life Technologies Corp. 5.000%, 01/15/2021 1,369,000 1,554,034
Novartis Capital Corp. 2.400%, 09/21/2022   1,765,000 1,776,939
Watson Pharmaceuticals, Inc.      
1.875%, 10/01/2017   2,467,000 2,495,047
3.250%, 10/01/2022   1,974,000 1,999,782
4.625%, 10/01/2042   1,480,000 1,517,246
WellPoint, Inc.      
1.250%, 09/10/2015   690,000 694,684
1.875%, 01/15/2018   1,000,000 1,003,429
3.125%, 05/15/2022   1,740,000 1,737,232
3.300%, 01/15/2023   1,000,000 1,010,858

 

Core Bond Trust (continued)    
    Shares or  
    Principal  
    Amount Value
 
 
CORPORATE BONDS (continued)      
Health Care (continued)      
WellPoint, Inc. (continued)      
4.625%, 05/15/2042 $ 810,000 $ 818,730
 
      37,035,288
Industrials - 0.7%      
Experian Finance PLC 2.375%, 06/15/2017 (S) 3,185,000 3,230,122
Hutchison Whampoa International 11, Ltd.      
3.500%, 01/13/2017 (S)   610,000 647,142
4.625%, 01/13/2022 (S)   2,245,000 2,455,792
Schneider Electric Sa 2.950%, 09/27/2022 (S) 1,728,000 1,745,388
The ADT Corp.      
2.250%, 07/15/2017 (S)   1,510,000 1,554,510
3.500%, 07/15/2022 (S)   2,013,000 2,091,811
 
      11,724,765
Materials - 0.4%      
Barrick Gold Corp. 3.850%, 04/01/2022   955,000 1,002,762
Teck Resources, Ltd. 6.250%, 07/15/2041   1,036,000 1,128,781
The Dow Chemical Company      
5.250%, 11/15/2041   1,235,000 1,403,100
8.550%, 05/15/2019   576,000 772,518
Vale Sa 5.625%, 09/11/2042   3,064,000 3,112,477
 
      7,419,638
Telecommunication Services - 1.3%      
America Movil SAB de CV      
2.375%, 09/08/2016   1,385,000 1,441,486
3.125%, 07/16/2022   4,475,000 4,612,570
American Tower Corp.      
4.500%, 01/15/2018   2,685,000 2,963,558
5.050%, 09/01/2020   782,000 872,889
AT&T, Inc.      
0.875%, 02/13/2015   1,920,000 1,936,606
1.600%, 02/15/2017   2,670,000 2,739,772
6.400%, 05/15/2038   905,000 1,196,934
CenturyLink, Inc. 7.650%, 03/15/2042   945,000 1,007,790
Deutsche Telekom International Finance BV    
2.250%, 03/06/2017 (S)   1,310,000 1,340,185
Telefonica Moviles Chile SA      
2.875%, 11/09/2015 (S)   945,000 948,864
Vodafone Group PLC      
1.250%, 09/26/2017   2,185,000 2,187,567
2.500%, 09/26/2022   2,194,000 2,193,313
 
      23,441,534
Utilities - 1.6%      
Ameren Corp. 8.875%, 05/15/2014   2,080,000 2,313,869
Ameren Illinois Company 2.700%, 09/01/2022 2,630,000 2,681,906
Arizona Public Service Company      
4.500%, 04/01/2042   1,187,000 1,283,187
Carolina Power & Light Company      
4.100%, 05/15/2042   1,040,000 1,084,164
CenterPoint Energy Houston Electric LLC      
3.550%, 08/01/2042   1,575,000 1,544,231
CMS Energy Corp. 2.750%, 05/15/2014   1,255,000 1,273,175
Comision Federal de Electricidad      
5.750%, 02/14/2042 (S)   645,000 717,563
Dominion Resources, Inc. 8.875%, 01/15/2019 2,215,000 3,018,248
Duke Energy Corp.      
1.625%, 08/15/2017   2,180,000 2,186,908
3.050%, 08/15/2022   1,750,000 1,767,246
Duke Energy Indiana, Inc. 4.200%, 03/15/2042 1,765,000 1,807,810
MidAmerican Energy Holdings Company      
6.500%, 09/15/2037   625,000 837,873
Northern Natural Gas Company      
4.100%, 09/15/2042 (S)   1,555,000 1,566,176

 

70

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Core Bond Trust (continued)    
    Shares or  
    Principal  
    Amount Value
 
CORPORATE BONDS (continued)      
Utilities (continued)      
Progress Energy, Inc. 3.150%, 04/01/2022 $ 1,605,000 $ 1,634,880
Public Service Company of Colorado      
3.600%, 09/15/2042   2,185,000 2,157,816
Southwestern Electric Power Company      
3.550%, 02/15/2022   2,830,000 2,959,979
 
      28,835,031
TOTAL CORPORATE BONDS (Cost $454,281,795) $ 473,785,323
 
MUNICIPAL BONDS - 1.1%      
County of Clark (Nevada) 6.820%, 07/01/2045 1,835,000 2,630,711
Los Angeles Community College District      
(California) 6.750%, 08/01/2049   1,755,000 2,392,363
New Jersey State Turnpike Authority      
7.102%, 01/01/2041   2,220,000 3,189,208
North Texas Tollway Authority      
6.718%, 01/01/2049   1,995,000 2,745,778
State of California 7.600%, 11/01/2040   1,540,000 2,137,736
State of Illinois      
5.365%, 03/01/2017   1,085,000 1,209,775
5.665%, 03/01/2018   985,000 1,111,927
5.877%, 03/01/2019   905,000 1,024,270
The Ohio State University 4.800%, 06/01/2111 715,000 821,142
University of Pennsylvania      
4.674%, 09/01/2112   1,325,000 1,510,831
TOTAL MUNICIPAL BONDS (Cost $14,698,482) $ 18,773,741
 
COLLATERALIZED MORTGAGE      
OBLIGATIONS - 12.6%      
Commercial & Residential - 6.1%      
Banc of America Commercial Mortgage, Inc.    
Series 2004-6, Class A3,      
4.512%, 12/10/2042   158,817 161,077
Series 2002-PB2, Class B,      
6.309%, 06/11/2035   43,262 43,308
Bear Stearns Commercial Mortgage      
Securities, Inc., Series 2005-PWR7,      
Class A2 4.945%, 02/11/2041   109,998 110,052
CFCRE Commercial Mortgage Trust,      
Series 2011-C2, Class A4      
3.834%, 12/15/2047   1,713,000 1,884,264
Citigroup Commercial Mortgage Trust,      
Series 2007-C6, Class A4      
5.888%, 12/10/2049 (P)   2,830,000 3,330,004
Commercial Mortgage Pass      
Through Certificates      
Series 2012-CR2, Class A2,      
2.025%, 08/15/2045   2,214,000 2,297,280
Series 2012-CR2, Class ASB,      
2.752%, 08/15/2045   2,214,000 2,319,258
Series 2012-LC4, Class A4,      
3.288%, 12/10/2044   3,291,000 3,532,592
Series 2012-CR1, Class A3,      
3.391%, 05/15/2045   2,696,000 2,910,345
Series 2001-J2A, Class B,      
6.304%, 07/16/2034 (S)   2,376,000 2,376,734
Credit Suisse First Boston      
Mortgage Securities Corp.      
Series 2005-C1, Class A3,      
4.813%, 02/15/2038   756,509 778,944
Series 2005-C2, Class A4,      
4.832%, 04/15/2037   3,259,000 3,531,918
Credit Suisse Mortgage Capital Certificates,    
Series 2006-C5, Class A3      
5.311%, 12/15/2039   7,424,000 8,445,023

 

Core Bond Trust (continued)    
    Shares or  
    Principal  
    Amount Value
 
 
COLLATERALIZED MORTGAGE      
OBLIGATIONS (continued)      
Commercial & Residential (continued)      
DBUBS Mortgage Trust, Series 2011-LC2A,    
Class A4 4.537%, 07/10/2044 (S) $ 3,927,000 $ 4,518,748
DDR Corp., Series 2009-DDR1, Class A      
3.807%, 10/14/2022 (S)   5,836,279 6,139,467
GMAC Commercial Mortgage Securities, Inc.    
Series 2006-C1, Class AM,      
5.290%, 11/10/2045 (P)   1,695,000 1,781,628
Series 2001-C2, Class B,      
6.790%, 04/15/2034   240,947 240,521
Greenwich Capital Commercial Funding Corp.    
Series 2005-GG5, Class A5,      
5.224%, 04/10/2037 (P)   5,393,000 5,983,167
Series 2007-GG9, Class A4,      
5.444%, 03/10/2039   6,331,000 7,229,508
GS Mortgage Securities Corp. II,      
Series 2010-C1, Class A2      
4.592%, 08/10/2043 (S)   1,045,000 1,218,583
Impac Funding LLC, Series 2010-1, Class A1    
5.314%, 01/25/2051 (S)   4,454,630 4,886,533
JP Morgan Chase Commercial      
Mortgage Securities Corp.      
Series 2012-C8, Class ASB,      
2.379%, 10/15/2045   1,755,000 1,798,871
Series 2012-C8, Class A3,      
2.829%, 10/15/2045   3,861,000 3,950,251
Series 2010-CNTR, Class A1,      
3.300%, 08/05/2032 (S)   1,140,588 1,225,994
Series 2010-CNTR, Class A2,      
4.311%, 08/05/2032 (S)   1,646,000 1,822,476
Series 2011-C3A, Class A4,      
4.717%, 02/15/2046 (S)   1,403,000 1,620,106
Series 2004-IN2, Class A2,      
5.115%, 07/15/2041   4,007,000 4,261,324
Series 2006-LDP9, Class A2,      
5.134%, 05/15/2047   645,407 679,099
Series 2002-C2, Class B,      
5.211%, 12/12/2034 (P)   723,000 725,603
Series 2007-C1, Class A4,      
5.716%, 02/15/2051   930,000 1,094,884
Series 2007-LD11, Class A4,      
6.003%, 06/15/2049 (P)   4,148,000 4,801,857
Series 2001-CIB2, Class D,      
6.847%, 04/15/2035 (P)   853,000 860,507
LB Commercial Conduit Mortgage Trust,      
Series 2007-C3, Class A3      
6.076%, 07/15/2044 (P)   826,000 873,195
LB-UBS Commercial Mortgage Trust      
Series 2004-C7, Class A5,      
4.628%, 10/15/2029   391,340 399,383
Series 2005-C3, Class AM,      
4.794%, 07/15/2040   2,897,000 3,113,895
Merrill Lynch Mortgage Trust,      
Series 2005-CIP1, Class A3A      
4.949%, 07/12/2038 (P)   721,000 760,288
Merrill Lynch/Countrywide Commercial      
Mortgage Trust, Series 2006-4, Class A3      
5.172%, 12/12/2049 (P)   4,144,000 4,732,750
Morgan Stanley Bank of America Merrill      
Lynch Trust, Series 2012-C5, Class A3      
2.825%, 08/15/2045   1,311,000 1,371,507
Morgan Stanley Capital I      
Series 2012-C4, Class A4,      
3.244%, 03/15/2045   2,752,000 2,947,417

 

71

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Core Bond Trust (continued)    
    Shares or  
    Principal  
    Amount Value
 
 
COLLATERALIZED MORTGAGE      
OBLIGATIONS (continued)      
Commercial & Residential (continued)      
Morgan Stanley Capital I (continued)      
Series 2004-T13, Class A3,      
4.390%, 09/13/2045 $ 260,057 $ 261,985
Series 2007-IQ16, Class A4,      
5.809%, 12/12/2049   3,720,000 4,413,650
Morgan Stanley Dean Witter Capital I      
Series 2003-HQ2, Class B,      
5.040%, 03/12/2035   807,000 815,181
Series 2001-TOP3, Class A4,      
6.390%, 07/15/2033   58,419 58,406
Morgan Stanley Mortgage Loan Trust,      
Series 2007-6XS, Class 2A1S      
0.327%, 02/25/2047 (P)   23,807 20,938
Sequoia Mortgage Trust      
Series 2010-H1, Class A1,      
3.750%, 02/25/2040 (P)   275,178 279,101
Series 2011-1, Class A1,      
4.125%, 02/25/2041 (P)   477,562 501,338
UBS-Barclays Commercial Mortgage Trust,      
Series 2012-C3, Class A3      
2.728%, 08/10/2049   1,835,000 1,914,015
Wachovia Bank Commercial Mortgage Trust,    
Series 2003-C8, Class A3      
4.445%, 11/15/2035   134,667 136,639
 
      109,159,614
U.S. Government Agency - 6.5%      
Federal Home Loan Mortgage Corp.      
Series K014, Class A2,      
3.871%, 04/25/2021   1,098,000 1,258,741
Series 3704, Class CA,      
4.000%, 12/15/2036   9,314,310 9,981,699
Series 3664, Class DA,      
4.000%, 11/15/2037   1,253,822 1,289,973
Series 3631, Class PA,      
4.000%, 02/15/2040   3,266,649 3,457,558
Series K005, Class A2,      
4.317%, 11/25/2019   2,672,000 3,130,406
Series 3715, Class PC,      
4.500%, 08/15/2040   691,000 776,855
Series K003, Class AAB,      
4.768%, 05/25/2018   1,677,000 1,903,038
Series 3407, Class B,      
5.500%, 01/15/2038   2,050,000 2,227,227
Series 3622, Class WA,      
5.500%, 09/15/2039   3,759,989 4,143,087
Series 3613, Class HJ,      
5.500%, 12/15/2039   12,401,500 14,140,475
Series 2980, Class QA,      
6.000%, 05/15/2035   2,757,019 3,115,362
Series T-48, Class 1A,      
6.221%, 07/25/2033 (P)   60,832 70,514
Series 3529, Class AG,      
6.500%, 04/15/2039   6,090,705 6,899,788
Series T-57, Class 1A2,      
7.000%, 07/25/2043   788,461 911,325
Series T-57, Class 1A3,      
7.500%, 07/25/2043   645,123 749,566
Series T-59, Class 1A3,      
7.500%, 10/25/2043   882,683 1,016,107
Series T-60, Class 1A3,      
7.500%, 03/25/2044   900,757 1,039,149

 

Core Bond Trust (continued)    
    Shares or  
    Principal  
    Amount Value
 
 
COLLATERALIZED MORTGAGE      
OBLIGATIONS (continued)      
U.S. Government Agency (continued)      
Federal National Mortgage Association      
Series 2010-135, Class LM,      
4.000%, 12/25/2040 $ 344,064 $ 369,954
Series 2011-53, Class TN,      
4.000%, 06/25/2041   11,159,808 11,773,196
Series 2011-78, Class D,      
4.000%, 08/25/2041   850,480 900,752
Series 2009-M2, Class A3,      
4.001%, 01/25/2019   2,737,000 3,123,380
Series 2009-M1, Class A2,      
4.287%, 07/25/2019   2,905,000 3,367,162
Series 2010-M3, Class A3,      
4.332%, 03/25/2020 (P)   10,746,000 12,418,481
Series 2010-M1, Class A2,      
4.450%, 09/25/2019   946,000 1,085,370
Series 2009-93, Class PD,      
4.500%, 09/25/2039   1,011,410 1,089,170
Series 2010-54, Class EA,      
4.500%, 06/25/2040   5,753,603 6,216,555
Series 2011-53, Class DT,      
4.500%, 06/25/2041   3,860,576 4,087,288
Series 2005-5, Class PA,      
5.000%, 01/25/2035   1,220,284 1,324,642
Series 2005-64, Class PL,      
5.500%, 07/25/2035   1,260,455 1,425,837
Series 2003-W17, Class 1A7,      
5.750%, 08/25/2033   1,000,000 1,170,894
Series 2002-95, Class DB,      
6.000%, 01/25/2033   3,102,000 3,531,314
Series 2006-56, Class CA,      
6.000%, 07/25/2036   659,844 745,323
Series 2012-3, Class CD,      
7.000%, 02/25/2042   3,621,803 4,043,120
Series 2002-33, Class A2,      
7.500%, 06/25/2032   678,554 802,468
Government National Mortgage Association      
Series 2010-107, Class GX,      
4.500%, 04/20/2039   1,720,000 1,966,068
Series 2003-79, Class PV,      
5.500%, 10/20/2023   1,187,583 1,317,215
 
      116,869,059
TOTAL COLLATERALIZED MORTGAGE      
OBLIGATIONS (Cost $218,662,011)   $ 226,028,673
 
ASSET BACKED SECURITIES - 13.3%      
Ally Auto Receivables Trust      
Series 2012-4, Class A2,      
0.480%, 05/15/2015   7,428,000 7,438,065
Series 2011-4, Class A2,      
0.650%, 03/17/2014   731,537 731,998
Ally Master Owner Trust      
Series 2012-3, Class A1,      
0.921%, 06/15/2017 (P)   2,869,000 2,888,541
Series 2012-1, Class A1,      
1.021%, 02/15/2017 (P)   9,207,000 9,246,747
American Express Credit Account      
Master Trust, Series 2012-3, Class A      
0.371%, 03/15/2018 (P)   11,145,000 11,145,323
Americredit Automobile Receivables Trust      
Series 2012-4, Class A2,      
0.490%, 04/08/2016   2,144,000 2,144,068
Series 2012-4, Class A3,      
0.670%, 06/08/2017   1,949,000 1,948,866

 

72

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Core Bond Trust (continued)    
    Shares or  
    Principal  
    Amount Value
 
 
ASSET BACKED SECURITIES (continued)    
BMW Floorplan Master Owner Trust,      
Series 2012-1A, Class A      
0.619%, 09/15/2017 (P)(S) $ 2,367,000 $ 2,367,050
Capital One Multi-Asset Execution Trust      
Series 2006-A5, Class A5,      
0.281%, 01/15/2016 (P)   379,000 378,912
Series 2005-A10, Class A,      
0.301%, 09/15/2015 (P)   710,000 709,934
Series 2007-A8, Class A8,      
0.689%, 10/15/2015 (P)   6,309,000 6,311,801
Chase Issuance Trust      
Series 2012-A6, Class A,      
0.358%, 08/15/2017 (P)   30,254,000 30,255,331
Series 2008-A13, Class A13,      
1.889%, 09/15/2015 (P)   5,279,000 5,356,501
Citibank Omni Master Trust      
Series 2009-A14A, Class A14,      
2.971%, 08/15/2018 (P)(S)   1,301,000 1,361,944
Series 2009-A17, Class A17,      
4.900%, 11/15/2018 (S)   3,953,000 4,309,114
Citigroup Mortgage Loan Trust, Inc.,      
Series 2007-AHL1, Class A2A      
0.257%, 12/25/2036 (P)   6,527 6,485
Discover Card Master Trust      
Series 2012-A5, Class A5,      
0.421%, 01/16/2018 (P)   2,510,000 2,517,221
Series 2007-A2, Class A2,      
0.729%, 06/15/2015 (P)   2,311,000 2,312,539
Ford Credit Floorplan Master Owner Trust      
Series 2012-4, Class A2,      
0.569%, 09/15/2016 (P)   6,884,000 6,884,145
Series 2012-1, Class A,      
0.691%, 01/15/2016 (P)   7,030,000 7,059,547
GE Capital Credit Card Master Note Trust      
Series 2012-4, Class A,      
0.521%, 06/15/2018 (P)   1,724,000 1,729,723
Series 2011-1, Class A,      
0.771%, 01/15/2017 (P)   1,546,000 1,554,600
Honda Auto Receivables Owner Trust      
Series 2010-3, Class A4,      
0.940%, 12/21/2016   4,394,000 4,417,527
Series 2009-2, Class A4,      
4.430%, 07/15/2015   1,513,130 1,515,916
MMCA Automobile Trust, Series 2011-A,      
Class A4 2.020%, 10/17/2016 (S)   2,291,000 2,339,015
Nelnet Student Loan Trust      
Series 2005-2, Class A5,      
0.473%, 03/23/2037 (P)   8,428,000 7,911,321
Series 2007-1, Class A3,      
0.497%, 05/27/2025 (P)   3,823,000 3,596,678
Series 2002-2, Class A4CP,      
0.512%, 09/25/2024 (P)   1,601,729 1,598,726
Series 2006-1, Class A4,      
0.524%, 11/23/2022 (P)   8,440,147 8,413,881
Series 2006-2, Class A4,      
0.531%, 10/26/2026 (P)   5,756,688 5,748,439
Series 2005-1, Class A5,      
0.561%, 10/25/2033 (P)   5,020,000 4,653,249
Series 2007-2A, Class A3L,      
0.719%, 03/25/2026 (P)(S)   10,347,000 10,048,334
Nissan Master Owner Trust Receivables,      
Series 2012-A, Class A      
0.691%, 05/15/2017 (P)   1,592,000 1,599,581
Santander Drive Auto Receivables Trust      
Series 2012-5, Class A2,      
0.570%, 12/15/2015   3,415,000 3,420,273

 

Core Bond Trust (continued)      
    Shares or    
    Principal    
    Amount   Value
 
 
ASSET BACKED SECURITIES (continued)      
Santander Drive Auto        
Receivables Trust (continued)        
Series 2012-5, Class A3,        
0.830%, 12/15/2016 $ 973,000 $ 978,393
SLC Student Loan Trust, Series 2006-2,        
Class A5 0.489%, 09/15/2026 (P)   2,194,000   2,121,842
SLM Student Loan Trust        
Series 2007-2, Class A2,        
0.451%, 07/25/2017 (P)   1,498,754   1,496,008
Series 2012-6, Class A2,        
0.500%, 09/25/2019 (P)   3,238,000   3,235,918
Series 2007-4, Class A3,        
0.511%, 01/25/2022 (P)   6,643,000   6,632,715
Series 2005-1, Class A2,        
0.531%, 04/27/2020 (P)   1,451,560   1,440,799
Series 2005-9, Class A4,        
0.551%, 01/25/2023 (P)   1,262,336   1,262,364
Series 2005-5, Class A3,        
0.551%, 04/25/2025 (P)   407,000   401,222
Series 2004-5, Class A4,        
0.601%, 01/25/2021 (P)   1,240,310   1,238,876
Series 2004-6, Class A5,        
0.621%, 04/27/2020 (P)   2,831,537   2,824,113
Series 2003-12, Class A5,        
0.669%, 09/15/2022 (P)(S)   3,696,000   3,691,999
Series 2012-3, Class A,        
0.867%, 12/26/2025 (P)   4,560,539   4,580,815
Series 2012-2, Class A,        
0.917%, 01/25/2029 (P)   5,329,677   5,364,724
Series 2008-6, Class A2,        
1.001%, 10/25/2017 (P)   453,897   457,306
Series 2008-2, Class A3,        
1.201%, 04/25/2023 (P)   2,194,000   2,200,308
Series 2012-B, Class A1,        
1.321%, 12/15/2021 (P)(S)   5,723,989   5,763,777
Series 2012-C, Class A1,        
1.321%, 08/15/2023 (P)(S)   4,690,501   4,723,513
Series 2011-C, Class A1,        
1.621%, 12/15/2023 (P)(S)   6,193,101   6,241,599
Series 2012-A, Class A1,        
1.621%, 08/15/2025 (P)(S)   5,887,634   5,951,397
Series 2005-6, Class A5B,        
1.651%, 07/27/2026 (P)   1,994,000   2,018,084
Series 2008-5, Class A4,        
2.151%, 07/25/2023 (P)   5,231,000   5,514,395
Series 2011-B, Class A2,        
3.740%, 02/15/2029 (S)   954,000   1,019,512
SMS Student Loan Trust        
Series 2000-A, Class A2,        
0.637%, 10/28/2028 (P)   2,212,147   2,206,260
Series 2000-B, Class A2,        
0.647%, 04/28/2029 (P)   1,767,276   1,752,735
TOTAL ASSET BACKED SECURITIES (Cost $235,931,698) $ 237,040,069
 
SHORT-TERM INVESTMENTS - 3.9%        
Money Market Funds - 3.9%        
State Street Institutional Liquid Reserves        
Fund, 0.2106% (Y)   68,894,654   68,894,654
TOTAL SHORT-TERM INVESTMENTS (Cost $68,894,654) $ 68,894,654
Total Investments (Core Bond Trust)        
(Cost $1,902,526,164) - 109.2%     $ 1,951,148,979
Other assets and liabilities, net - (9.2%)       (164,159,325)
 
TOTAL NET ASSETS - 100.0%     $ 1,786,989,654

 

73

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Core Bond Trust (continued)    
  Shares or  
  Principal  
  Amount Value
 
 
SALE COMMITMENTS OUTSTANDING - (1.2)%    
Federal National Mortgage Association    
3.500%, TBA (C) (9,000,000) $ (9,257,361)
5.000%, TBA (C) (4,700,000) (5,074,872)
6.000%, TBA (C) (6,800,000) (7,478,586)
TOTAL SALE COMMITMENTS    
OUTSTANDING (Cost $(12,564,829)) $ (21,810,819)
 
 
 
Core Fundamental Holdings Trust    
  Shares or  
  Principal  
  Amount Value
 
 
INVESTMENT COMPANIES - 100.0%    
Affiliated Investment Companies (G) - 38.9%    
Equity - 22.6%    
Strategic Equity Allocation, Series NAV    
(John Hancock) (A)(I)(2) 5,750,404 $ 75,675,310
Fixed Income - 16.3%    
Bond Trust, Series NAV (John Hancock) (A)(1) 3,835,656 54,466,320
American Funds Insurance Series - 61.1%    
Equity - 36.9%    
American Blue Chip Income & Growth    
Fund - Class 1 2,361,031 24,058,909
American Growth Fund - Class 1 402,078 24,184,966
American Growth-Income Fund - Class 1 1,258,468 48,199,334
American International Fund - Class 1 1,573,415 26,811,000
Fixed Income - 24.2%    
American U.S. Government Fund - Class 1 6,274,716 80,943,836
TOTAL INVESTMENT COMPANIES (Cost $315,781,574) $ 334,339,675
Total Investments (Core Fundamental Holdings Trust)    
(Cost $315,781,574) - 100.0% $ 334,339,675
Other assets and liabilities, net - 0.0%   (42,386)
TOTAL NET ASSETS - 100.0% $ 334,297,289
 
 
 
Core Global Diversification Trust    
  Shares or  
  Principal  
  Amount Value
 
 
INVESTMENT COMPANIES - 100.0%    
Affiliated Investment Companies (G) - 40.2%    
Equity - 26.4%    
International Index, Series NAV    
(John Hancock) (A)(2) 3,655,214 $ 54,791,652
Strategic Equity Allocation, Series NAV    
(John Hancock) (A)(I)(2) 2,302,719 30,303,788
Fixed Income - 13.8%    
Bond Trust, Series NAV (John Hancock) (A)(1) 3,119,054 44,290,569
American Funds Insurance Series - 59.8%    
American Funds Insurance Series - 17.2%    
American Global Growth Fund - Class 1 2,453,642 55,378,705
Equity - 21.9%    
American Growth-Income Fund - Class 1 410,140 15,708,379
American International Fund - Class 1 3,214,317 54,771,966

 

Core Global Diversification Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
INVESTMENT COMPANIES (continued)    
Fixed Income - 20.7%    
American U.S. Government Fund - Class 1 5,180,437 $ 66,827,633
TOTAL INVESTMENT COMPANIES (Cost $318,229,378) $ 322,072,692
Total Investments (Core Global Diversification Trust)    
(Cost $318,229,378) - 100.0% $ 322,072,692
Other assets and liabilities, net - 0.0%   (42,771)
 
TOTAL NET ASSETS - 100.0% $ 322,029,921
 
 
 
Core Strategy Trust    
  Shares or  
  Principal  
  Amount Value
 
 
INVESTMENT COMPANIES - 100.0%    
Affiliated Investment Companies (G) - 100.0%    
Equity - 70.5%    
Strategic Equity Allocation, Series NAV    
(John Hancock) (2)(A)(I) 39,629,724 $ 521,527,170
Fixed Income - 29.5%    
Bond Trust, Series NAV    
(John Hancock) (A)(I)(1) 15,351,403 217,989,929
 
    739,517,099
TOTAL INVESTMENT COMPANIES (Cost $739,517,099) $ 739,517,099
Total Investments (Core Strategy Trust)    
(Cost $739,517,099) - 100.0% $ 739,517,099
Other assets and liabilities, net - 0.0%   (53,781)
 
TOTAL NET ASSETS - 100.0% $ 739,463,318
 
 
 
Disciplined Diversification Trust    
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS - 70.7%    
Consumer Discretionary - 9.0%    
Auto Components - 0.5%    
Aisin Seiki Company, Ltd. 600 $ 17,052
Autoliv, Inc. 1,000 61,970
Autoneum Holding AG (I) 46 2,312
BorgWarner, Inc. (I)(L) 800 55,288
Bosch, Ltd. 16 2,691
Bridgestone Corp. 1,700 39,396
Cheng Shin Rubber Industry Company, Ltd. 6,726 17,633
Cie Generale des Etablissements Michelin 998 78,458
Continental AG 469 46,011
Cooper Tire & Rubber Company 800 15,344
Dana Holding Corp. 1,463 17,995
Denso Corp. 1,700 53,349
Dorman Products, Inc. (I) 600 18,906
Exedy Corp. 200 3,946
Exide Technologies (I) 1,700 5,270
Faurecia 464 7,721
FCC Company, Ltd. 400 6,428
Federal-Mogul Corp. (I) 900 8,235
Firma Oponiarska Debica SA 167 2,527
Fuel Systems Solutions, Inc. (I)(L) 300 5,157
Futaba Industrial Company, Ltd. (I) 400 1,618

 

74

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Disciplined Diversification Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Auto Components (continued)    
Gentex Corp. (L) 1,100 $ 18,711
Gentherm, Inc. (I) 400 4,976
GKN PLC 8,902 30,946
Hankook Tire Company, Ltd. 590 22,083
Hudaco Industries, Ltd. 45 605
Hyundai Mobis 203 56,516
Johnson Controls, Inc. 3,264 89,434
Keihin Corp. 300 3,496
Koito Manufacturing Company, Ltd. 1,000 11,548
Lear Corp. 1,000 37,790
Leoni AG 304 11,377
Linamar Corp. 400 8,610
Magna International, Inc. 1,447 62,569
Mando Corp. 32 4,414
Minth Group, Ltd. 6,000 6,327
Modine Manufacturing Company (I) 1,300 9,594
Nan Kang Rubber Tire Company, Ltd. 3,088 4,306
NGK Spark Plug Company, Ltd. 1,000 10,513
Nissin Kogyo Company, Ltd. 600 7,809
NOK Corp. 800 12,797
Nokian Renkaat OYJ 853 34,847
Pirelli & C. SpA (L) 2,380 25,715
Plascar Participacoes Industriais SA 700 359
Press Kogyo Company, Ltd. 1,000 3,993
Riken Corp. 1,000 3,675
S&T Dynamics Company, Ltd. 570 6,605
Sanden Corp. 1,000 3,008
Sri Trang Agro-Industry PCL 7,000 3,525
Standard Motor Products, Inc. 500 9,210
Stanley Electric Company, Ltd. 800 11,841
Stoneridge, Inc. (I)(L) 200 994
Superior Industries International, Inc. 500 8,545
Takata Corp. 200 3,595
Tenneco, Inc. (I) 300 8,400
The Goodyear Tire & Rubber Company (I) 1,800 21,942
The Yokohama Rubber Company, Ltd. 2,000 14,750
Tianneng Power International, Ltd. 3,600 2,190
Tokai Rika Company, Ltd. 600 8,427
Tong Yang Industry Company, Ltd. 6,676 6,566
Toyo Tire & Rubber Company, Ltd. 4,000 9,984
Toyoda Gosei Company, Ltd. 600 12,007
Toyota Boshoku Corp. 400 4,148
TRW Automotive Holdings Corp. (I) 1,100 48,081
TS Tech Company, Ltd. 300 4,821
Valeo SA 484 22,470
Visteon Corp. (I) 400 17,784
WABCO Holdings, Inc. (I) 400 23,068
Xinyi Glass Holdings Company, Ltd. 14,000 6,490
 
    1,208,768
Automobiles - 0.8%    
Astra International Tbk PT 50,000 38,606
Bajaj Auto, Ltd. 482 16,663
Bayerische Motoren Werke AG 1,352 99,116
Brilliance China Automotive Holdings, Ltd. (I) 10,000 10,996
Byd Company, Ltd., H Shares (I) 3,000 5,209
Daihatsu Motor Company, Ltd. 1,000 16,670
Daimler AG 4,257 206,479
Dongfeng Motor Group Company, Ltd.,    
H Shares 12,000 13,960
Fiat SpA (I) 3,358 17,992
Ford Motor Company 16,600 163,676
Ford Otomotiv Sanayi AS 1,110 11,494
Fuji Heavy Industries, Ltd. 3,000 24,886
Geely Automobile Holdings Company, Ltd. 10,000 3,798

 

Disciplined Diversification Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Automobiles (continued)    
General Motors Company (I) 5,063 $ 115,183
Great Wall Motor Company, Ltd., H Shares 3,000 7,897
Guangzhou Automobile Group Company, Ltd.,    
H Shares 10,233 6,691
Harley-Davidson, Inc. 1,400 59,318
Honda Motor Company, Ltd. 5,900 181,040
Hyundai Motor Company 529 119,275
IMMSI SpA 4,536 2,294
Isuzu Motors, Ltd. 4,000 19,305
Kia Motors Corp. 733 45,535
Mahindra & Mahindra, Ltd. 1,788 29,233
Maruti Suzuki India, Ltd. 284 7,259
Mazda Motor Corp. (I) 9,000 10,482
Mitsubishi Motors Corp. (I)(L) 19,000 17,521
Nissan Motor Company, Ltd. (L) 9,200 78,328
Peugeot SA (I)(L) 1,042 8,263
Renault SA 1,362 64,195
Suzuki Motor Corp. 1,300 25,219
TAN Chong Motor Holdings BHD 2,300 3,511
Tata Motors, Ltd., ADR (L) 1,303 33,461
Tesla Motors, Inc. (I)(L) 927 27,143
Tofas Turk Otomobil Fabrikasi AS 232 1,173
Toyota Motor Corp. (L) 4,487 352,274
Toyota Motor Corp. (Tokyo Exchange) 2,000 78,473
UMW Holdings BHD 900 2,941
Volkswagen AG 138 23,111
Winnebago Industries, Inc. (I) 400 5,052
Yamaha Motor Company, Ltd. 1,800 15,717
 
    1,969,439
Chemicals - 0.0%    
Nifco, Inc. 200 4,618
Distributors - 0.1%    
Canon Sales Company, Inc. 700 9,603
CFAO SA 4 192
Core-Mark Holding Company, Inc. 100 4,811
Dah Chong Hong Holdings, Ltd. 8,000 7,256
Delticom AG 67 4,479
Dogus Otomotiv Servis ve Ticaret AS 43 145
Genuine Parts Company (L) 1,200 73,236
Headlam Group PLC 474 2,350
Imperial Holdings, Ltd. 1,333 30,053
Inchcape PLC 4,402 25,650
John Menzies PLC (I) 4 42
Li & Fung, Ltd. 16,000 24,761
LKQ Corp. (I) 3,000 55,500
Pacific Brands, Ltd. 5,817 3,679
Pool Corp. 400 16,632
Silver base Group Holdings, Ltd. 3,075 1,300
Smiths News PLC 2,505 4,977
Uni-Select, Inc. 200 5,167
VOXX International Corp. (I) 700 5,236
 
    275,069
Diversified Consumer Services - 0.1%    
Advtech, Ltd. 11,287 7,789
American Public Education, Inc. (I) 200 7,286
Anhanguera Educacional Participacoes SA 800 13,299
Apollo Group, Inc., Class A (I) 800 23,240
Ascent Capital Group, Inc., Class A (I) 200 10,802
Bridgepoint Education, Inc. (I)(L) 500 5,075
Cambium Learning Group, Inc. (I) 3,401 3,367
Career Education Corp. (I) 1,300 4,901
Coinstar, Inc. (I)(L) 300 13,494
DeVry, Inc. (L) 612 13,929

 

75

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Disciplined Diversification Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Diversified Consumer Services (continued)    
Educomp Solutions, Ltd. 690 $ 2,089
Estacio Participacoes SA 700 11,740
Grand Canyon Education, Inc. (I) 600 14,118
H&R Block, Inc. 1,500 25,995
Hillenbrand, Inc. 200 3,638
ITT Educational Services, Inc. (I)(L) 300 9,669
K12, Inc. (I) 500 10,100
Kroton Educacional SA (I) 50 49
Kroton Educacional SA, Preference Shares (I) 561 9,603
Learning Tree International, Inc. (I) 300 1,527
Lincoln Educational Services Corp. 400 1,680
Mac-Gray Corp. 400 5,364
Matthews International Corp., Class A (L) 400 11,928
Navitas, Ltd. 2,006 8,778
Raffles Education Corp., Ltd. (I) 7,333 2,167
Service Corp. International 1,300 17,498
Sotheby’s (L) 500 15,750
Steiner Leisure, Ltd. (I) 200 9,310
Stewart Enterprises, Inc., Class A (L) 1,600 13,432
Strayer Education, Inc. (L) 200 12,870
Universal Technical Institute, Inc. 300 4,110
Weight Watchers International, Inc. 400 21,120
 
    315,717
Hotels, Restaurants & Leisure - 1.3%    
Accor SA 793 26,532
AFC Enterprises, Inc. (I) 100 2,460
Ajisen China Holdings, Ltd. 8,000 5,279
Alsea SAB de CV (I) 5,441 8,463
Ambassadors Group, Inc. 200 1,080
AmRest Holdings SE (I) 371 8,402
Angler Gaming PLC (I) 583 188
Aristocrat Leisure, Ltd. 3,696 10,271
Autogrill SpA 1,195 11,386
Bally Technologies, Inc. (I) 400 19,756
Berjaya Sports Toto BHD 3,642 5,157
Betsson AB (I) 583 15,523
Biglari Holdings, Inc. (I) 25 9,127
BJ’s Restaurants, Inc. (I)(L) 300 13,605
Bob Evans Farms, Inc. 150 5,870
Boyd Gaming Corp. (I)(L) 1,600 11,296
Brinker International, Inc. (L) 900 31,770
Buffalo Wild Wings, Inc. (I) 300 25,722
Bwin.Party Digital Entertainment PLC 3,922 6,590
Cafe de Coral Holdings, Ltd. 2,000 5,610
Carnival Corp. (L) 2,800 102,032
Carnival PLC 880 32,349
China Energy Development Holdings, Ltd. (I) 160,000 2,164
China Travel International Investment    
Hong Kong, Ltd. 22,000 3,960
Chipotle Mexican Grill, Inc. (I) 100 31,754
Choice Hotels International, Inc. (L) 600 19,194
Churchill Downs, Inc. 200 12,544
City Lodge Hotels, Ltd. 313 3,461
Club Mediterranee SA (I) 311 5,009
Compass Group PLC 9,971 110,279
Cracker Barrel Old Country Store, Inc. 300 20,133
Crown, Ltd. 1,773 16,681
Darden Restaurants, Inc. (L) 800 44,600
DineEquity, Inc. (I) 100 5,600
Domino’s Pizza Enterprises, Ltd. (I) 475 5,132
Domino’s Pizza, Inc. 600 22,620
Doutor Nichires Holdings Company, Ltd. 300 3,770
Echo Entertainment Group, Ltd. 6,446 25,500
Enterprise Inns PLC (I) 2,020 2,059

 

Disciplined Diversification Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Hotels, Restaurants & Leisure (continued)    
Flight Centre, Ltd. 476 $ 11,598
Galaxy Entertainment Group, Ltd. (I) 6,000 20,085
Genting BHD 6,400 18,217
Genting Malaysia BHD 18,600 21,260
Genting Singapore PLC 17,000 18,910
Great Canadian Gaming Corp. (I) 400 4,085
Greene King PLC 1,452 14,093
Hotel Properties, Ltd. 2,000 4,503
Hotel Shilla Company, Ltd. 160 7,948
Hyatt Hotels Corp., Class A (I) 500 20,075
Indian Hotels Company, Ltd. 1,727 2,194
Intercontinental Hotels Group PLC (I) 2,200 57,750
International Game Technology 1,800 23,562
Interval Leisure Group, Inc. 720 13,630
Intralot SA-Integrated Lottery Systems    
& Services 1,792 3,011
Isle of Capri Casinos, Inc. (I) 600 4,170
J.D. Wetherspoon PLC 642 5,001
Jollibee Foods Corp. 3,540 8,569
Kangwon Land, Inc. 460 10,329
KFC Holdings Malaysia BHD 4,700 5,985
Kisoji Company, Ltd. 400 8,434
Krispy Kreme Doughnuts, Inc. (I) 200 1,586
Kuoni Reisen Holding AG (I) 39 10,558
Ladbrokes PLC 7,440 20,782
Las Vegas Sands Corp. 1,600 74,192
Life Time Fitness, Inc. (I)(L) 400 18,296
Lottomatica SpA 447 9,848
Luby’s, Inc. (I) 139 935
Marcus Corp. 300 3,330
Marriott International, Inc. (L) 1,229 48,054
Marriott Vacations Worldwide Corp. (I) 242 8,717
Marston’s PLC 2,935 5,423
McDonald’s Corp. 3,900 357,825
Melia Hotels International SA 724 4,938
MGM Resorts International (I) 4,600 49,450
Millennium & Copthorne Hotels PLC 2,080 16,332
Minor International PCL, Foreign Shares 17,380 8,696
Mitchells & Butlers PLC (I) 2,067 9,743
Monarch Casino & Resort, Inc. (I) 200 1,742
Multimedia Games Holding Company, Inc. (I) 1,200 18,876
NH Hoteles SA (I) 580 1,808
OPAP SA 1,350 6,958
Orbis SA 719 8,712
Orient-Express Hotels, Ltd., Class A (I)(L) 1,400 12,460
Oriental Land Company, Ltd. 200 26,318
Paddy Power PLC 306 22,751
Panera Bread Company, Class A (I) 200 34,178
Papa John’s International, Inc. (I) 200 10,682
Peet’s Coffee & Tea, Inc. (I) 200 14,668
Penn National Gaming, Inc. (I) 825 35,558
Pierre & Vacances SA 194 4,234
Pinnacle Entertainment, Inc. (I) 1,500 18,375
Punch Taverns PLC (I) 1,433 154
Restaurant Group PLC 2,413 13,968
Rezidor Hotel Group AB (I) 1,181 4,459
Royal Caribbean Cruises, Ltd. (L) 1,900 57,399
Royal Holdings Company, Ltd. 700 8,762
Ruby Tuesday, Inc. (I) 1,200 8,700
Ruth’s Hospitality Group, Inc. (I)(L) 900 5,733
Ryman Hospitality Properties (I) 500 19,765
Sands China, Ltd. 4,000 14,827
Scientific Games Corp., Class A (I) 1,200 9,924
Shangri-La Asia, Ltd. 4,833 9,376
Six Flags Entertainment Corp. 800 47,040

 

76

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Disciplined Diversification Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Hotels, Restaurants & Leisure (continued)    
SJM Holdings, Ltd. 6,000 $ 12,978
SkiStar AB 355 4,505
SKYCITY Entertainment Group, Ltd. 3,284 10,276
Sodexo 357 26,910
Sonic Corp. (I) 600 6,162
Speedway Motorsports, Inc. 700 10,780
Spirit Pub Company PLC 1,433 1,209
Star Cruises, Ltd. (I) 54,000 17,341
Starbucks Corp. 3,600 182,700
Starwood Hotels & Resorts Worldwide, Inc. 1,500 86,940
Sun International, Ltd. 1,350 13,796
Tabcorp Holdings, Ltd. 5,372 15,374
Tatts Group, Ltd. 6,221 17,441
The Cheesecake Factory, Inc. 500 17,875
The Hongkong & Shanghai Hotels, Ltd. 182 215
The Wendy’s Company 4,304 19,583
Thomas Cook Group PLC (I)(L) 3,890 1,101
Tim Hortons, Inc. 600 31,224
TUI AG (I) 2,754 23,772
TUI Travel PLC 4,353 16,492
Vail Resorts, Inc. (L) 400 23,060
Whitbread PLC 1,035 38,007
William Hill PLC 6,637 34,016
WMS Industries, Inc. (I)(L) 700 11,466
Wyndham Worldwide Corp. 2,400 125,952
Wynn Macau, Ltd. 4,400 11,906
Wynn Resorts, Ltd. 319 36,825
Yoshinoya Holdings Conpany, Ltd. 1 1,284
Yum! Brands, Inc. 1,900 126,046
Zensho Holdings Company, Ltd. 700 8,916
 
    2,976,621
Household Durables - 0.8%    
Aga Rangemaster Group PLC (I) 3,162 3,113
Arcelik AS 2,206 11,747
Bang & Olufsen A/S (I) 260 3,563
Barratt Developments PLC (I) 569 1,560
Beazer Homes USA, Inc. (I)(L) 900 3,195
Bellway PLC 1,862 27,735
Berkeley Group Holdings PLC (I) 769 17,486
Blyth, Inc. 200 5,198
Bovis Homes Group PLC 816 6,662
Brookfield Incorporacoes SA 1,500 2,923
Brookfield Residential Properties, Inc. (I) 152 2,125
Casio Computer Company, Ltd. 2,000 14,088
Cavco Industries, Inc. (I) 100 4,589
China Overseas Grand Oceans Group, Ltd. 6,000 5,915
Consorcio ARA SAB de CV (I) 6,000 1,879
Cyrela Brazil Realty SA Empreendimentos    
e Participacoes 1,800 15,450
D.R. Horton, Inc. (L) 4,100 84,624
Desarrolladora Homex SAB de CV (I) 2,400 5,474
Dorel Industries, Inc., Class B 200 6,945
Duni AB 351 2,944
Ekornes ASA 233 3,313
Electrolux AB 1,989 49,246
Ethan Allen Interiors, Inc. 400 8,768
Even Construtora e Incorporadora SA 1,800 6,935
EZ Tec Empreendimentos e Participacoes SA 1,100 13,663
Fiskars Corp. 285 5,487
Forbo Holding AG (I) 23 13,588
France Bed Holdings Company, Ltd. 1,000 2,152
Gafisa SA (I) 3,000 6,600
Garmin, Ltd. (L) 1,600 66,784
Haier Electronics Group Company, Ltd. (I) 1,000 1,160

 

Disciplined Diversification Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Household Durables (continued)    
Harman International Industries, Inc. 600 $ 27,696
Haseko Corp. (I) 7,000 4,466
Helen of Troy, Ltd. (I) 500 15,915
Hooker Furniture Corp. 200 2,598
Hunter Douglas NV 39 1,471
Husqvarna AB, B Shares 3,585 18,337
Husqvarna AB, Series A 1,070 5,442
Jarden Corp. (I) 900 47,556
JM AB (L) 800 14,649
JVC Kenwood Corp. 1,800 6,429
KB Home 1,200 17,220
La-Z-Boy, Inc. (I) 1,817 26,583
Leggett & Platt, Inc. 1,200 30,060
Lennar Corp., Class A (L) 2,400 83,448
Lennar Corp., Class B 500 13,470
LG Electronics, Inc. 484 29,867
Libbey, Inc. (I) 400 6,312
M/I Homes, Inc. (I) 300 5,802
MDC Holdings, Inc. (L) 700 26,957
Meritage Homes Corp. (I) 400 15,212
Mohawk Industries, Inc. (I) 800 64,016
MRV Engenharia e Participacoes SA 2,200 13,164
NACCO Industries, Inc., Class A 100 12,541
Newell Rubbermaid, Inc. 3,300 62,997
Nexity SA 201 5,821
Nobia AB (I) 2,476 9,348
NVR, Inc. (I) 100 84,450
PanaHome Corp. 1,000 5,829
Panasonic Corp. (L) 9,600 63,409
PDG Realty SA Empreendimentos    
e Participacoes 8,200 15,451
Persimmon PLC 5,286 64,935
PIK Group, GDR (I) 572 1,264
PulteGroup, Inc. (I) 5,100 79,050
Redrow PLC (I) 1,082 2,721
Rossi Residencial SA 2,400 5,955
Sampo Corp. 21,000 7,280
SEB SA 170 11,800
Sekisui Chemical Company, Ltd. 2,000 16,112
Sekisui House, Ltd. 4,000 39,700
Sharp Corp. (I)(L) 6,000 14,861
Skyworth Digital Holdings, Ltd. 6,000 2,824
Sony Corp. (L) 2,600 30,420
Sony Corp. (Tokyo Exchange) 2,100 24,517
Standard Pacific Corp. (I)(L) 2,300 15,548
Steinhoff International Holdings, Ltd. (I)(L) 6,446 20,212
Sumitomo Forestry Company, Ltd. 1,300 11,541
Tatung Company, Ltd. (I) 10,000 2,570
Taylor Wimpey PLC 12,083 10,625
TCL Multimedia Technology Holdings, Ltd. 12,000 6,476
Tecnisa SA 1,800 8,391
Tempur-Pedic International, Inc. (I) 400 11,956
The Ryland Group, Inc. (L) 900 27,000
Token Corp. 120 5,077
Toll Brothers, Inc. (I)(L) 2,400 79,752
TomTom NV (I) 237 1,072
Tupperware Brands Corp. 600 32,154
Turkiye Sise ve Cam Fabrikalari AS 4,366 6,058
Universal Electronics, Inc. (I) 100 1,758
Urbi Desarrollos Urbanos SAB de CV (I) 6,600 4,040
Videocon Industries, Ltd. 482 1,570
Viver Incorporadora e Construtora SA (I) 1,300 770
VODone, Ltd. 30,800 2,738
Whirlpool Corp. (L) 900 74,619

 

77

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Disciplined Diversification Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Household Durables (continued)    
Woongjin Coway Company, Ltd. 390 $ 10,721
    1,777,514
Internet & Catalog Retail - 0.4%    
Amazon.com, Inc. (I) 1,400 356,048
B2W Cia Global do Varejo (I) 300 1,576
CDON Group AB (I) 496 3,117
Expedia, Inc. (L) 890 51,478
Home Retail Group PLC (I)(L) 5,710 8,244
HSN, Inc. 420 20,601
Liberty Interactive Corp., Series A (I) 5,200 96,200
Liberty Ventures, Series A (I) 260 12,906
N. Brown Group PLC 922 4,095
Netflix, Inc. (I)(L) 500 27,220
Nutrisystem, Inc. (L) 300 3,159
Orbitz Worldwide, Inc. (I) 700 1,785
Overstock.com, Inc. (I) 200 2,072
PetMed Express, Inc. 300 3,012
priceline.com, Inc. (I) 300 185,619
Scroll Corp. 400 1,417
Shutterfly, Inc. (I)(L) 200 6,224
TripAdvisor, Inc. (I)(L) 700 23,051
US Auto Parts Network, Inc. (I) 700 2,422
Wotif.com Holdings, Ltd. 1,550 6,162
Yoox SpA (I) 691 8,839
 
    825,247
Leisure Equipment & Products - 0.2%    
Accell Group 148 2,445
Altek Corp. 4,121 2,444
Asia Optical Company, Inc. (I) 5,000 5,716
Brunswick Corp. 800 18,104
Callaway Golf Company 1,000 6,140
Forjas Taurus SA 139 179
Hasbro, Inc. (L) 800 30,536
JAKKS Pacific, Inc. 165 2,404
LeapFrog Enterprises, Inc. (I) 1,000 9,020
Mattel, Inc. 2,237 79,369
Mizuno Corp. 1,000 5,008
Namco Bandai Holdings, Inc. 1,400 23,642
Nikon Corp. 900 24,743
Noritsu Koki Company, Ltd. 100 446
Polaris Industries, Inc. (L) 400 32,348
Roland Corp. 400 2,772
Sankyo Company, Ltd. 400 18,595
Sega Sammy Holdings, Inc. 1,100 20,816
Shimano, Inc. 400 29,123
Smith & Wesson Holding Corp. (I) 1,700 18,717
Steinway Musical Instruments, Inc. (I) 100 2,436
Sturm Ruger & Company, Inc. (L) 300 14,847
Trigano SA 184 2,173
Yamaha Corp. 1,100 10,198
 
    362,221
Media - 2.0%    
Aegis Group PLC (I) 12,290 46,806
Aimia, Inc. 2,100 31,486
Alma Media OYJ 1,123 7,022
Amalgamated Holdings, Ltd. 3,029 20,999
AMC Networks, Inc., Class A (I) 525 22,848
Antena 3 de Television SA 49 224
APN News & Media, Ltd. 2,128 745
Arbitron, Inc. 100 3,790
ASATSU-DK, Inc. 200 5,117
Astral Media, Inc. (I) 600 29,405
Axel Springer AG 261 11,322

 

Disciplined Diversification Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Media (continued)    
Belo Corp., Class A 600 $ 4,698
British Sky Broadcasting Group PLC (L) 1,038 49,616
Cablevision Systems Corp., Class A (L) 1,000 15,850
Caltagirone Editore SpA 265 337
CBS Corp. 600 21,846
CBS Corp., Class B 4,194 152,368
Charter Communications, Inc., Class A (I) 100 7,507
Cheil Worldwide, Inc. 640 13,573
Cinemark Holdings, Inc. 1,000 22,430
Cineplex, Inc. 422 12,835
Cineworld Group PLC 2,556 10,290
Clear Channel Outdoor    
Holdings, Inc., Class A (I) 500 2,990
Comcast Corp., Class A 13,054 466,942
Comcast Corp., Special Class A 3,584 124,723
Consolidated Media Holdings, Ltd. 2,059 7,224
Corus Entertainment, Inc. 700 16,284
CTC Media, Inc. 1,500 13,665
CTS Eventim AG 131 3,894
Daily Mail & General Trust PLC 1,678 13,074
Dentsu, Inc. 600 15,215
Dial Global, Inc. (I) 103 279
Digital Generation, Inc. (I)(L) 400 4,544
DIRECTV (I) 3,120 163,675
Discovery Communications, Inc., Class A (I) 800 47,704
Discovery Communications, Inc., Series C (I) 615 34,465
DISH Network Corp., Class A 1,000 30,610
Dish TV India, Ltd. (I) 3,527 5,513
DreamWorks Animation    
SKG, Inc., Class A (I)(L) 1,000 19,230
Eniro AB (I) 889 1,232
Entercom    
Communications Corp., Class A (I)(L) 700 4,802
Euromoney Institutional Investor PLC 277 3,448
Eutelsat Communications 356 11,435
Fairfax Media, Ltd. (L) 23,506 10,046
Fisher Communications, Inc. (I) 100 3,676
Fuji Television Network, Inc. 5 8,185
Gannett Company, Inc. (L) 2,500 44,375
Glacier Media, Inc. 600 1,123
Gray Television, Inc. (I) 535 1,220
Grupo Televisa SAB, ADR (L) 2,660 62,537
Gruppo Editoriale L’Espresso SpA 2,310 2,401
Hakuhodo DY Holdings, Inc. 210 14,148
Harte-Hanks, Inc. 300 2,079
Havas SA 3,883 20,048
Hurriyet Gazetecilik AS (I) 2,696 1,202
Ilkka-Yhtyma OYJ 259 1,757
IMAX Corp. (I) 300 5,969
Informa PLC 5,662 36,917
IPSOS SA 285 9,132
ITV PLC 38,008 54,419
Jagran Prakashan, Ltd. 329 580
John Wiley & Sons, Inc., Class A (L) 500 22,975
Johnston Press PLC (I) 3,508 446
Journal Communications, Inc., Class A (I) 1,100 5,720
Kabel Deutschland Holding AG 450 32,151
Kinepolis Group NV (I) 53 5,255
Lagardere SCA 829 22,707
Lamar Advertising Company, Class A (I) 800 29,648
Liberty Global, Inc., Class A (I) 570 34,628
Liberty Global, Inc., Series C (I) 453 25,558
Liberty Media Corp. - Liberty    
Capital, Series A (I) 1,005 104,691
LIN TV Corp., Class A (I) 700 3,080

 

78

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Disciplined Diversification Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Media (continued)    
Live Nation Entertainment, Inc. (I) 1,976 $ 17,013
Media General, Inc., Class A (I)(L) 500 2,590
Media Prima BHD 9,700 7,336
Mediaset Espana Comunicacion SA 1,438 7,821
Mediaset SpA 4,833 9,109
Meredith Corp. (L) 500 17,500
Modern Times Group AB, B Shares 256 11,334
Mondadori (Arnoldo) Editore SpA (I) 2,250 2,879
Mood Media Corp. (I) 103 251
Morningstar, Inc. 503 31,508
Naspers, Ltd. 1,063 65,841
National CineMedia, Inc. 700 11,459
News Corp., Class A 8,000 196,240
News Corp., Class B 2,394 59,371
NRJ Group 256 1,937
Omnicom Group, Inc. 1,165 60,067
Outdoor Channel Holdings, Inc. 300 2,184
PagesJaunes Groupe (I) 975 1,809
Pearson PLC 4,443 86,816
Promotora de Informaciones SA (I) 515 249
Publicis Groupe SA 872 48,891
PubliGroupe SA (I) 25 3,517
Quebecor, Inc. 300 9,988
REA Group, Ltd. 226 3,663
Reed Elsevier NV 2,667 35,719
Reed Elsevier PLC (L) 1,214 46,387
Regal Entertainment Group, Class A (L) 900 12,663
Rentrak Corp. (I) 200 3,386
Rightmove PLC 657 16,662
Sanoma OYJ (L) 694 6,234
Schibsted ASA 400 15,329
Scholastic Corp. (L) 400 12,712
Scripps Networks Interactive, Inc., Class A 700 42,861
Seat Pagine Gialle SpA (I) 662 7
SES SA 961 26,178
Shaw Communications, Inc., Class B (L) 2,000 40,932
Shochiku Company, Ltd. 1,000 9,939
Singapore Press Holdings, Ltd. 5,000 16,567
Sirius XM Radio, Inc. (I) 7,357 19,128
Sky Network Television, Ltd. 2,275 9,606
SKY Perfect JSAT Holdings, Inc. 16 7,180
Societe d’Edition de Canal Plus 213 1,314
Societe Television Francaise 1 400 3,340
Southern Cross Media Group, Ltd. 7,663 7,960
STW Communications Group, Ltd. 4,307 4,529
Telegraaf Media Groep NV 304 2,951
Ten Network Holdings, Ltd. (I) 10,402 3,920
The EW Scripps Company, Class A (I) 800 8,520
The Interpublic Group of Companies, Inc. 4,800 53,376
The Madison Square Garden, Inc., Class A (I) 625 25,169
The McGraw-Hill Companies, Inc. 1,000 54,590
The New York Times Company, Class A (I) 1,400 13,664
The Walt Disney Company 10,266 536,706
Thomson Reuters Corp. (L) 1,527 44,143
Time Warner Cable, Inc. 1,640 155,898
Time Warner, Inc. 6,317 286,350
Times Media Group, Ltd. (I) 1,017 1,742
Toho Company, Ltd. 100 1,832
Torstar Corp. 400 3,572
Trinity Mirror PLC (I) 1,806 1,480
TV Azteca SA de CV 15,400 10,624
TVN SA 1,226 2,661
UBM PLC 2,888 32,787
Valassis Communications, Inc. (I) 200 4,938
Viacom, Inc., Class B 2,300 123,257

 

Disciplined Diversification Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Media (continued)    
Virgin Media, Inc. (L) 1,400 $ 41,216
Vocento SA (I) 703 1,158
West Australian Newspapers Holdings, Ltd. 1,122 1,319
Wolters Kluwer NV 1,825 34,373
Woongjin Thinkbig Company, Ltd. 440 2,384
World Wrestling    
Entertainment, Inc., Class A (L) 500 4,025
WPP PLC, ADR 1,402 95,518
Zee Learn, Ltd. (I) 711 364
Zenrin Company, Ltd. 500 6,674
Zon Multimedia Servicos de Telecomunicacoes    
e Multimedia SGP 2,647 7,434
 
    4,609,386
Multiline Retail - 0.6%    
Aeon Company BHD 1,500 5,393
Big Lots, Inc. (I)(L) 600 17,748
Canadian Tire Corp., Ltd. 400 28,791
Clicks Group, Ltd. (I) 2,382 16,576
David Jones, Ltd. (L) 5,125 13,341
Debenhams PLC 18,950 31,398
Dillard’s, Inc., Class A (L) 500 36,160
Dollar Tree, Inc. (I) 1,400 67,585
Dollarama, Inc. 362 23,106
Don Quijote Company, Ltd. 200 7,694
El Puerto de Liverpool SAB de CV 1,200 10,600
Empresas La Polar SA (I) 2,561 1,098
Family Dollar Stores, Inc. 600 39,780
Fred’s, Inc., Class A 300 4,269
Golden Eagle Retail Group, Ltd. 3,000 5,871
H20 Retailing Corp. 1,000 11,426
Hyundai Department Store Company, Ltd. 96 13,150
Hyundai Greenfood Company, Ltd. 450 7,513
Indiabulls Wholesale Services, Ltd. (I) 504 82
Intime Department Store Group Company, Ltd. 7,000 7,540
Isetan Mitsukoshi Holdings, Ltd. 2,600 27,106
J Front Retailing Company, Ltd. 3,000 16,829
J.C. Penney Company, Inc. (I)(L) 2,000 48,580
Kohl’s Corp. 1,942 99,469
Lojas Renner SA 600 20,096
Lotte Shopping Company, Ltd. 69 19,792
Macy’s, Inc. 2,800 105,336
Marks & Spencer Group PLC 7,943 45,828
Marui Group Company, Ltd. 1,500 10,623
Matsuya Company, Ltd. (I) 500 5,584
Mitra Adiperkasa Tbk PT 6,000 4,005
Mothercare PLC (I) 561 1,973
Myer Holdings, Ltd. (L) 6,514 11,751
New World Department Store China, Ltd. 8,000 4,441
Next PLC 566 31,605
Nordstrom, Inc. 1,300 71,734
Parkson Holdings BHD 5,712 8,997
PCD Stores Group, Ltd. 16,000 1,279
PPR 344 52,945
Ramayana Lestari Sentosa Tbk PT 106,000 11,631
Ripley Corp. SA 7,726 7,297
Saks, Inc. (I)(L) 1,600 16,496
Sears Holdings Corp. (I)(L) 600 33,294
Shinsegae Company, Ltd. 42 7,858
Stockmann OYJ ABP, Series B 271 5,169
Target Corp. 3,500 222,145
The Reject Shop, Ltd. 168 2,146
Tuesday Morning Corp. (I) 900 5,895
Woolworths Holdings, Ltd. 4,691 34,277
 
    1,283,302

 

79

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Disciplined Diversification Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Specialty Retail - 1.6%    
Aaron’s, Inc. 650 $ 18,077
ABC-MART, Inc. 100 4,416
Abercrombie & Fitch Company, Class A (L) 600 20,352
Advance Auto Parts, Inc. 500 34,220
Aeropostale, Inc. (I) 697 9,430
American Eagle Outfitters, Inc. 1,879 39,609
Americas Car-Mart, Inc. (I) 200 9,094
ANN, Inc. (I) 300 11,319
Aoyama Trading Company, Ltd. 300 5,733
ARB Corp., Ltd. 509 5,149
Asbury Automotive Group, Inc. (I) 500 13,975
Ascena Retail Group, Inc. (I) 1,600 34,320
Automotive Holdings Group 166 520
AutoNation, Inc. (I)(L) 600 26,202
AutoZone, Inc. (I) 100 36,967
Barnes & Noble, Inc. (I)(L) 1,000 12,780
Bed Bath & Beyond, Inc. (I) 1,092 68,796
Belle International Holdings, Ltd. 17,000 30,534
Best Buy Company, Inc. (L) 3,100 53,289
Best Denki Company, Ltd. (I) 500 871
Beter Bed Holding NV 234 4,545
Big 5 Sporting Goods Corp. 400 3,980
Bilia AB 225 3,000
BMTC Group, Inc., Class A (I) 200 3,194
Brown Shoe Company, Inc. (L) 800 12,824
Build-A-Bear Workshop, Inc. (I) 600 2,340
Cabela’s, Inc. (I) 800 43,744
CarMax, Inc. (I)(L) 1,700 48,110
Casual Male Retail Group, Inc. (I) 800 3,704
Charles Voegele Holding AG (I) 176 2,756
Chico’s FAS, Inc. 1,500 27,165
Chiyoda Company, Ltd. 200 5,493
Cia Hering 800 18,086
Citi Trends, Inc. (I) 300 3,767
Clas Ohlson AB 376 4,929
Collective Brands, Inc. (I) 700 15,197
Conn’s, Inc. (I) 988 21,785
DCM Japan Holdings Company, Ltd. 1,400 9,325
Destination Maternity Corp. 200 3,740
Dick’s Sporting Goods, Inc. (L) 600 31,110
Dickson Concepts International, Ltd. 7,500 4,022
Dixons Retail PLC (I)(L) 27,929 8,952
Douglas Holding AG 377 17,108
DSW, Inc., Class A 286 19,082
Dufry Group AG (I) 164 19,676
Dunelm Group PLC (I) 675 7,003
EDION Corp. 500 2,209
Esprit Holdings, Ltd. 7,313 11,194
Etam Developpement SA (I) 97 1,632
Express, Inc. (I) 700 10,374
Fast Retailing Company, Ltd. 200 46,326
Fielmann AG 101 9,373
Foot Locker, Inc. 2,300 81,650
Fourlis SA (I) 160 295
GameStop Corp., Class A (L) 1,000 21,000
Genesco, Inc. (I) 400 26,692
Giordano International, Ltd. 8,000 6,715
GNC Holdings, Inc., Class A 900 35,073
GOME Electrical Appliances Holdings, Ltd. 74,000 7,790
Group 1 Automotive, Inc. (L) 491 29,573
Grupo Elektra SA de CV 125 5,094
Guess?, Inc. 800 20,336
Halfords Group PLC 1,000 4,217
Haverty Furniture Companies, Inc. 300 4,164
Hennes & Mauritz AB, B Shares 2,486 86,574

 

Disciplined Diversification Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Specialty Retail (continued)    
Hibbett Sports, Inc. (I)(L) 400 $ 23,780
Hot Topic, Inc. (L) 1,000 8,700
Howden Joinery Group PLC 6,088 14,627
Inditex SA 970 120,421
JB Hi-Fi, Ltd. 480 4,501
JD Group, Ltd. 2,907 16,261
Jos A. Bank Clothiers, Inc. (I)(L) 300 14,544
JUMBO SA (I) 213 1,179
Kesa Electricals PLC 3,019 2,768
Kingfisher PLC 14,651 62,605
Kirkland’s, Inc. (I) 500 4,965
Kohnan Shoji Company, Ltd. 300 3,543
Leon’s Furniture, Ltd. 300 3,509
Lewis Group, Ltd. 1,301 11,170
Limited Brands, Inc. 1,000 49,260
Lowe’s Companies, Inc. 7,489 226,467
MarineMax, Inc. (I) 200 1,658
Mobilezone Holding AG 918 9,663
Monro Muffler Brake, Inc. (L) 300 10,557
New York & Company, Inc. (I) 200 750
Nishimatsuya Chain Company, Ltd. 100 834
Nitori Holdings Company, Ltd. 50 4,641
O’Reilly Automotive, Inc. (I) 900 75,258
OfficeMax, Inc. (L) 1,000 7,810
Orchard Supply Hardware    
Stores Corp., Class A (I) 49 710
Osim International, Ltd. 1,000 1,138
Paris Miki, Inc. 800 4,709
Pendragon PLC (I) 26,477 6,206
Penske Automotive Group, Inc. 1,200 36,108
PetSmart, Inc. 700 48,286
Pier 1 Imports, Inc. 900 16,866
Point, Inc. 250 9,015
Praktiker AG (I)(L) 439 776
Premier Investments, Ltd. 906 5,463
RadioShack Corp. (I)(L) 1,730 4,117
Reitmans Canada, Ltd., Class A 500 6,612
Rent-A-Center, Inc. 500 17,540
RONA, Inc. 1,300 14,665
Ross Stores, Inc. 1,800 116,280
Sally Beauty Holdings, Inc. (I)(L) 1,509 37,861
Select Comfort Corp. (I) 500 15,775
Shimamura Company, Ltd. 200 23,251
Shoe Carnival, Inc. 450 10,589
Signet Jewelers, Ltd. 876 42,714
Sonic Automotive, Inc., Class A (L) 600 11,388
Stage Stores, Inc. (L) 500 10,530
Staples, Inc. 6,225 71,712
Stein Mart, Inc. (I) 700 5,957
Super Cheap Auto Group, Ltd. 1,220 9,801
Super Group, Ltd. (I) 7,139 13,173
Systemax, Inc. (I) 700 8,267
The Buckle, Inc. (L) 350 15,901
The Cato Corp., Class A (L) 400 11,884
The Children’s Place Retail Stores, Inc. (I) 200 12,000
The Finish Line, Inc., Class A 300 6,822
The Foschini Group, Ltd. 2,097 31,961
The Gap, Inc. 3,128 111,920
The Home Depot, Inc. 12,404 748,829
The Men’s Wearhouse, Inc. 600 20,658
The Pep Boys - Manny, Moe & Jack (I)(L) 1,100 11,198
The Wet Seal, Inc., Class A (I)(L) 2,000 6,300
Thorn Group, Ltd. 3,594 6,814
Tiffany & Company (L) 700 43,316
TJX Companies, Inc. 3,230 144,672

 

80

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Disciplined Diversification Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Specialty Retail (continued)    
Tractor Supply Company 400 $ 39,556
Truworths International, Ltd. 2,007 22,681
Ulta Salon Cosmetics & Fragrance, Inc. 356 34,285
Urban Outfitters, Inc. (I) 1,100 41,316
Valora Holding AG 66 11,727
Vitamin Shoppe, Inc. (I) 300 17,496
West Marine, Inc. (I) 300 3,189
WH Smith PLC 730 7,629
Williams-Sonoma, Inc. 900 39,573
Yamada Denki Company, Ltd. 430 18,845
Zale Corp. (I) 300 2,070
 
    3,830,193
Textiles, Apparel & Luxury Goods - 0.6%    
361 Degrees International, Ltd. 9,000 2,368
Adidas AG 972 79,824
Anta Sports Products, Ltd. 1,000 765
Asics Corp. 1,000 13,485
Billabong International, Ltd. (I)(L) 6,621 9,067
Bombay Rayon Fashions, Ltd. 71 361
Bosideng International Holdings, Ltd. 32,000 8,923
Burberry Group PLC 1,623 26,353
C C Land Holdings, Ltd. 7,000 1,500
Carter’s, Inc. (I) 800 43,072
Chaoyue Group, Ltd. (I) 45,000 3,075
China Dongxiang Group Company 27,000 2,878
Christian Dior SA 189 25,434
Cie Financiere Richemont SA 1,933 115,898
Coach, Inc. 1,300 72,826
Columbia Sportswear Company (L) 400 21,600
Crocs, Inc. (I) 900 14,589
Daphne International Holdings, Ltd. 10,000 9,935
Deckers Outdoor Corp. (I)(L) 400 14,656
Fila Korea, Ltd. 67 4,375
Fossil, Inc. (I) 407 34,473
G-III Apparel Group, Ltd. (I)(L) 200 7,180
Geox SpA 1,356 3,594
Gerry Weber International AG 118 4,885
Gildan Activewear, Inc. 600 19,024
Grendene SA 1,900 12,887
Gunze, Ltd. 3,000 7,698
Handsome Company, Ltd. 150 3,762
Hanesbrands, Inc. (I) 800 25,504
Hermes International SA 30 8,071
IC Companys A/S 52 919
Iconix Brand Group, Inc. (I) 200 3,648
Japan Wool Textile Company, Ltd. 1,000 7,467
Koninklijke Ten Cate NV 100 2,306
Kurabo Industries, Ltd. 3,000 4,918
LG Fashion Corp. 100 2,785
Li Ning Company, Ltd. (I) 5,000 2,650
LPP SA 4 4,245
Lululemon Athletica, Inc. (I) 664 49,096
Luxottica Group SpA 390 13,764
Luxottica Group SpA, ADR 400 14,104
LVMH Moet Hennessy Louis Vuitton SA 682 102,848
Maidenform Brands, Inc. (I) 400 8,192
Makalot Industrial Company, Ltd. 1,000 2,880
Ming Fung Jewellery Group, Ltd. (I) 90,000 4,178
Movado Group, Inc. 300 10,116
New Wave Group AB 1,015 3,199
NG2 SA 20 346
NIKE, Inc., Class B 1,378 130,786
Onward Holdings Company, Ltd. 1,000 7,968
Oxford Industries, Inc. 100 5,645

 

Disciplined Diversification Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Textiles, Apparel & Luxury Goods (continued)    
Peak Sport Products Company, Ltd. 8,000 $ 1,412
Perry Ellis International, Inc. (I) 200 4,410
Ports Design, Ltd. 2,500 1,940
Pou Chen Corp. 11,596 11,836
PVH Corp. 700 65,604
Quiksilver, Inc. (I) 1,800 5,976
Ralph Lauren Corp. 300 45,369
RG Barry Corp. 344 5,071
Ruentex Industries, Ltd. 730 1,707
Safilo Group SpA (I) 447 3,415
Sanyo Shokai, Ltd. 1,000 3,118
Seiko Holdings Corp. (I) 1,000 2,686
Seiren Company, Ltd. 500 3,470
Shinkong Textile Company, Ltd. 1,000 1,390
Skechers U.S.A., Inc., Class A (I)(L) 400 8,160
Stella International Holdings, Ltd. 4,000 9,810
Steven Madden, Ltd. (I) 450 19,674
Taiwan Paiho, Ltd. 3,210 2,113
Texhong Textile Group, Ltd. (I) 12,000 3,929
The Jones Group, Inc. 1,300 16,731
The Swatch Group AG (Bearer Shares) 111 44,275
The Swatch Group AG (Registered Shares) 69 4,809
The Warnaco Group, Inc. (I) 400 20,760
Tod’s SpA 46 4,984
Toyobo Company, Ltd. 10,000 11,900
True Religion Apparel, Inc. 400 8,532
Tsi Holdings Company, Ltd. 1,000 6,581
Under Armour, Inc., Class A (I) 800 44,664
Unifi, Inc. (I) 466 5,974
Unitika, Ltd. (I) 1,000 487
Van De Velde NV (I) 98 4,467
Vera Bradley, Inc. (I)(L) 400 9,540
VF Corp. (L) 361 57,529
Wacoal Holdings Corp. 1,000 12,042
Weiqiao Textile Company, H Shares 11,000 3,997
XTEP International Holdings 14,500 5,218
Youngone Holdings Company, Ltd. 130 7,970
Yue Yuen Industrial Holdings, Ltd. 4,000 13,458
 
    1,465,130
 
    20,903,225
Consumer Staples - 6.1%    
Beverages - 1.3%    
A.G.Barr PLC (L) 2,037 14,712
Anadolu Efes Biracilik Ve Malt Sanayii AS 1,058 15,727
Anheuser-Busch InBev NV 3,662 313,254
Arca Continental SAB de CV 2,239 15,855
Asahi Group Holdings, Ltd. 1,100 27,108
Baron de Ley SA (I) 66 3,545
Beam, Inc. 1,405 80,844
Britvic PLC 1,286 7,580
Brown-Forman Corp., Class B (L) 675 44,044
C&C Group PLC 2,122 10,097
Carlsberg A/S 502 44,513
Central European Distribution Corp. (I) 400 1,140
Cia Cervecerias Unidas SA, ADR 227 16,192
Coca Cola Hellenic    
Bottling Company S.A.,ADR (I) 1,000 18,600
Coca-Cola Amatil, Ltd. 2,260 31,679
Coca-Cola Bottling Company Consolidated 100 6,810
Coca-Cola Enterprises, Inc. 2,700 84,429
Coca-Cola Femsa SAB de CV, ADR 140 18,060
Coca-Cola West Company, Ltd. 700 11,564

 

81

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Disciplined Diversification Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Beverages (continued)    
Companhia de Bebidas das    
Americas, ADR (L) 2,300 $ 88,021
Constellation Brands, Inc., Class A (I) 2,001 64,732
Cott Corp. (I) 800 6,323
Davide Campari Milano SpA 2,064 16,254
Diageo PLC, ADR 1,777 200,321
Dr. Pepper Snapple Group, Inc. 1,300 57,889
Fomento Economico Mexicano SAB    
de CV, ADR 600 55,188
Grupo Modelo SAB de CV 2,500 22,509
Guinness Anchor BHD 1,000 4,997
Heineken NV 837 49,987
Hey Song Corp. 2,000 3,271
Hite Jinro Company, Ltd. 291 6,373
Hitejinro Holdings Company, Ltd. 51 470
ITO EN, Ltd. 400 7,984
Kirin Holdings Company, Ltd. 4,000 53,486
Laurent-Perrier SA 19 1,634
Lotte Chilsung Beverage Company, Ltd. 10 12,400
Mikuni Coca-Cola Bottling Company, Ltd. 1,000 8,761
Molson Coors Brewing Company, Class B 1,400 63,070
Monster Beverage Corp. (I) 1,000 54,160
National Beverage Corp. (I) 651 9,869
Olvi OYJ 100 2,333
PepsiCo, Inc. 6,334 448,257
Pernod-Ricard SA 806 90,575
Remy Cointreau SA 192 22,081
Royal Unibrew A/S 164 12,584
SABMiller PLC 2,908 127,931
Sapporo Holdings, Ltd. 2,000 5,542
The Boston Beer Company, Inc., Class A (I) 66 7,390
The Coca-Cola Company 16,558 628,045
Treasury Wine Estates, Ltd. 2,862 14,888
Tsingtao Brewery Company, Ltd., H Shares 2,000 10,997
United Spirits, Ltd. 763 17,809
Vina Concha Y Toro SA, ADR 300 12,489
 
    2,954,373
Food & Staples Retailing - 1.3%    
Aeon Company, Ltd. 1,900 21,454
Alimentation Couche Tard, Inc. 600 27,574
Arcs Company, Ltd. 500 11,581
Axfood AB 100 3,759
BIM Birlesik Magazalar AS 412 17,204
Booker Group PLC 1,351 2,039
Carrefour SA 2,897 60,228
Casey’s General Stores, Inc. 400 22,856
Casino Guichard Perrachon SA 376 33,339
Cencosud SA 3,266 19,795
China Resources Enterprises, Ltd. 4,000 13,304
Cia Brasileira de Distribuicao Grupo Pao de    
Acucar, ADR 500 22,555
Colruyt SA (L) 325 14,178
Costco Wholesale Corp. 1,800 180,225
CP ALL PCL 5,600 6,459
CVS Caremark Corp. 6,742 326,448
Delhaize Group (L) 495 19,087
Distribuidora Internacional    
de Alimentacion SA 2,447 13,530
E-Mart Company, Ltd. 121 26,392
Emperia Holding SA 170 2,467
Empire Company, Ltd. 200 12,039
Eurocash SA 556 6,849
FamilyMart Company, Ltd. 300 14,752
George Weston, Ltd. 200 12,867

 

Disciplined Diversification Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Food & Staples Retailing (continued)    
Hakon Invest AB 156 $ 2,688
Harashin Narus Holdings Company, Ltd. 400 7,491
Harris Teeter Supermarkets, Inc. 400 15,536
Heng Tai Consumables Group, Ltd. (I) 7,875 164
Inageya Company, Ltd. 200 2,477
Indiabulls Infrastructure and Power, Ltd. (I) 11,900 1,433
Ingles Markets, Inc., Class A 100 1,635
Izumiya Company, Ltd. 1,000 5,086
J Sainsbury PLC 7,516 42,240
Jeronimo Martins SGPS SA 1,266 21,145
Kesko OYJ, B Shares 469 13,287
Koninklijke Ahold NV 4,990 62,554
Lawson, Inc. 300 23,052
Lianhua Supermarket Holdings Company, Ltd.,    
H Shares 5,000 3,962
Liquor Stores N.A., Ltd. 149 2,836
Loblaw Companies, Ltd. (L) 800 27,798
Massmart Holdings, Ltd. 579 11,615
Matsumotokiyoshi Holdings Company, Ltd. 500 12,343
Metcash, Ltd. 4,536 16,608
Metro AG 661 19,786
Metro, Inc. (L) 500 29,702
Nash Finch Company 200 4,084
Organizacion Soriana SAB de CV, Series B 5,100 16,598
Pick’n Pay Stores, Ltd. 1,977 10,606
Pricesmart, Inc. (L) 300 22,716
Raia Drogasil SA 1,300 14,935
Rallye SA 369 11,175
Safeway, Inc. (L) 2,000 32,180
Seven & I Holdings Company, Ltd. 2,900 89,055
Shoppers Drug Mart Corp. (L) 1,116 46,463
Shoprite Holdings, Ltd. 1,492 30,195
Shufersal, Ltd. 1,097 2,662
Sligro Food Group NV 122 3,031
Spartan Stores, Inc. 200 3,062
SUPERVALU, Inc. (I)(L) 2,900 6,989
Susser Holdings Corp. (I)(L) 200 7,234
Sysco Corp. (L) 2,459 76,893
Taiwan TEA Corp. 18,218 10,122
Tesco PLC 27,713 148,698
The Andersons, Inc. 300 11,298
The Fresh Market, Inc. (I) 200 11,996
The Kroger Company 3,240 76,270
The Pantry, Inc. (I) 300 4,365
The Spar Group, Ltd. 1,244 19,140
Tsuruha Holdings, Inc. 200 14,943
United Natural Foods, Inc. (I) 500 29,225
UNY Company, Ltd. 1,000 7,717
Valor Company, Ltd. 500 8,301
Wal-Mart de Mexico SAB de CV 22,114 62,278
Wal-Mart Stores, Inc. 7,655 564,939
Walgreen Company 4,220 153,777
Weis Markets, Inc. 300 12,699
Wesfarmers, Ltd. 4,414 156,811
Whole Foods Market, Inc. 700 68,180
WM Morrison Supermarkets PLC 12,393 57,152
Woolworths, Ltd. 3,379 100,590
X5 Retail Group NV, GDR (I) 473 9,936
Yokohama Reito Company, Ltd. 1,000 7,340
 
    3,128,074
Food Products - 1.8%    
AarhusKarlshamn AB 127 4,807
Afgri, Ltd. 8,620 5,374
Ajinomoto Company, Inc. (L) 3,000 46,983

 

82

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Disciplined Diversification Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Food Products (continued)    
Alico, Inc. 100 $ 3,123
Archer-Daniels-Midland Company 4,059 110,324
Aryzta AG (I) 591 28,376
Asian Bamboo AG (L) 217 1,698
Asian Citrus Holdings, Ltd. 1,000 515
Associated British Foods PLC 1,953 40,700
Astra Agro Lestari Tbk PT 2,000 4,570
Astral Foods, Ltd. 425 5,312
Atria PLC 525 3,508
Austevoll Seafood ASA 935 4,216
AVI, Ltd. 4,242 30,464
B&G Foods, Inc. 100 3,031
Bakrie Sumatera Plantations Tbk PT 124,000 1,794
Barry Callebaut AG (I) 15 13,927
Binggrae Company, Ltd. 108 10,246
Bisi International PT 47,500 5,373
Bonduelle SCA 60 5,145
Bongrain SA 43 2,569
BRF - Brasil Foods SA, ADR 2,654 45,914
Bunge, Ltd. 1,500 100,575
Calavo Growers, Inc. 300 7,500
Campbell Soup Company (L) 1,544 53,762
Campofrio Food Group SA (I) 204 1,529
Chaoda Modern Agriculture Holdings, Ltd. (I) 28,480 1,139
Charoen Pokphand Foods PCL 9,600 10,448
Charoen Pokphand Indonesia Tbk PT 44,500 14,046
China Agri-Industries Holdings, Ltd. 10,000 5,641
China Foods, Ltd. 6,000 6,196
China Green Holdings, Ltd. (I) 3,000 702
China Huiyuan Juice Group, Ltd. (I) 11,000 3,319
China Mengniu Dairy Company, Ltd. 8,000 24,021
China Precious Metal Resources    
Holdings Company, Ltd. (I) 50,000 9,658
China Yurun Food Group, Ltd. (I)(L) 10,000 7,178
CJ CheilJedang Corp. 55 15,164
ConAgra Foods, Inc. 3,800 104,842
Copeinca ASA 560 4,653
CSM NV 366 6,530
Dairy Crest Group PLC 1,305 7,318
Danone SA 1,684 103,843
Darling International, Inc. (I) 1,200 21,948
DE Master Blenders 1753 NV (I) 2,200 26,542
Dean Foods Company (I) 2,300 37,605
Deoleo SA (I) 2,018 920
Diamond Foods, Inc. (I)(L) 300 5,646
Dydo Drinco, Inc. 100 4,535
East Asiatic Company, Ltd. A/S 298 6,375
Ebro Foods SA 858 15,103
Elders, Ltd. (I) 1,707 441
Empresas Iansa SA 65,744 4,920
Flowers Foods, Inc. 1,450 29,261
Fresh Del Monte Produce, Inc. 538 13,773
Fuji Oil Company, Ltd. 400 5,580
General Mills, Inc. 2,900 115,565
Genting Plantations BHD 2,500 7,521
Glanbia PLC (Dublin Exchange) 1,295 11,482
Global Bio-Chem Technology    
Group Company, Ltd. (I) 14,000 1,476
Golden Agri-Resources, Ltd. 35,000 18,744
Goodman Fielder, Ltd. (I) 25,003 12,806
GrainCorp., Ltd. 1,190 11,054
Green Mountain Coffee Roasters, Inc. (I)(L) 950 22,563
Greencore Group PLC 975 1,261
Greggs PLC 350 2,838
Gruma SAB de CV, ADR (I) 200 2,252

 

Disciplined Diversification Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Food Products (continued)    
Grupo Bimbo SAB de CV 7,300 $ 18,222
Grupo Herdez SAB de CV 2,700 6,952
H.J. Heinz Company (L) 1,202 67,252
Hillshire Brands Company 440 11,783
Hokuto Corp. 100 2,114
Hormel Foods Corp. (L) 1,694 49,533
House Food Corp. 500 8,461
Illovo Sugar, Ltd. (I) 1,857 6,808
Indofood Agri Resources, Ltd. 4,000 4,432
Indofood Sukses Makmur Tbk PT 31,000 18,237
Industrias Bachoco SAB de CV, ADR 383 9,192
Ingredion, Inc. 700 38,612
IOI Corp. BHD 11,153 18,168
J&J Snack Foods Corp. 190 10,893
Japfa Comfeed Indonesia Tbk PT 4,000 1,959
JBS SA (I) 2,900 9,613
Kagome Company, Ltd. 200 4,586
Kameda Seika Company, Ltd. 400 10,034
Keck Seng Malaysia BHD 2,700 3,427
Kellogg Company 928 47,940
Kernel Holding SA (I) 123 2,495
Kerry Group PLC 639 32,683
Kewpie Corp. 900 15,045
KEY Coffee, Inc. 300 5,865
Kikkoman Corp. 2,000 27,337
Kraft Foods, Inc. (I) 8,525 352,509
Kuala Lumpur Kepong BHD 1,300 9,386
KWS Saat AG 30 8,003
Lancaster Colony Corp. (L) 200 14,650
Lifeway Foods, Inc. (L) 200 1,900
Lotte Confectionery Company, Ltd. 5 6,977
M Dias Branco SA 300 9,826
Maple Leaf Foods, Inc. (L) 1,300 14,652
Marfrig Alimentos SA (I) 1,000 5,821
Marine Harvest ASA (I) 21,345 17,283
Marudai Food Company, Ltd. 2,000 7,404
Maruha Nichiro Holdings, Inc. 3,000 4,826
Mayora Indah Tbk PT 5,000 11,671
McCormick & Company, Inc., Non-    
Voting Shares (L) 800 49,632
Mead Johnson Nutrition Company 800 58,624
Megmilk Snow Brand Company, Ltd. 500 8,858
MEIJI Holdings Company, Ltd. 500 24,821
Morinaga Milk Industry Company, Ltd. 3,000 10,225
Namyang Dairy Products Company, Ltd. 12 11,113
Nestle India, Ltd. 107 8,962
Nestle Malaysia BHD 400 8,006
Nestle SA 11,059 697,614
NICHIREI Corp. 2,000 10,939
Nippon Flour Mills Company, Ltd. 1,000 4,458
Nippon Meat Packers, Inc. (L) 2,000 25,670
Nippon Suisan Kaisha, Ltd. 1,200 2,582
Nisshin Oillio Group, Ltd. 2,000 7,828
Nisshin Seifun Group, Inc. 1,500 18,445
Nissin Food Products Company, Ltd. 300 11,761
Nongshim Company, Ltd. 25 5,965
Nutreco Holding NV 199 14,761
Oceanus Group, Ltd. (I) 21,000 869
Orion Corp. 21 18,326
Osem Investments, Ltd. 13 179
Parmalat SpA 324 693
Perusahaan Perkebunan London Sumatra    
Indonesia Tbk PT 13,500 3,446
Pilgrim’s Pride Corp. (I) 2,656 13,572
Pioneer Foods, Ltd. 1,044 6,645

 

83

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Disciplined Diversification Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Food Products (continued)    
Post Holdings, Inc. (I) 300 $ 9,018
PPB Group BHD 2,500 9,861
Premier Foods PLC (I) 5,155 5,332
Ralcorp Holdings, Inc. (I) 400 29,200
REI Agro, Ltd. 10,562 2,126
Ridley Corp., Ltd. 3,902 4,720
Sampoerna Agro Tbk PT 18,000 5,437
Samyang Holdings Corp. 136 8,053
Sanderson Farms, Inc. 200 8,874
Sao Martinho SA 500 5,900
Saputo, Inc. (L) 500 21,488
Seneca Foods Corp., Class A (I) 200 5,972
Shenguan Holdings Group, Ltd. 8,000 4,404
Sipef SA 36 2,975
SLC Agricola SA 200 2,146
Smart Balance, Inc. (I)(L) 1,172 14,158
Smithfield Foods, Inc. (I) 1,200 23,580
Snyders-Lance, Inc. 900 22,500
Tata Global Beverages, Ltd. 3,900 10,552
Tate & Lyle PLC 2,335 25,117
The Hain Celestial Group, Inc. (I) 500 31,500
The Hershey Company 600 42,534
The J.M. Smucker Company 1,000 86,330
Tiger Brands, Ltd. 908 29,841
Tingyi Cayman Islands Holding Corp. 10,000 29,986
Tongaat Hulet, Ltd. 519 8,710
TreeHouse Foods, Inc. (I) 200 10,500
Tyson Foods, Inc., Class A 2,900 46,458
Uni-President Enterprises Corp. 15,107 26,721
Unilever NV 4,041 143,150
Unilever PLC, ADR (L) 3,683 134,503
Viscofan SA 232 10,639
Vitasoy International Holdings, Ltd. 2,000 1,739
Viterra, Inc. 3,072 50,341
Want Want China Holdings, Ltd. 27,000 34,501
Wilmar International, Ltd. 7,000 18,458
Yakult Honsha Company, Ltd. (L) 500 23,699
Yamazaki Baking Company, Ltd. 1,000 13,369
 
    4,131,181
Household Products - 0.8%    
Central Garden & Pet Company (I) 400 4,756
Central Garden & Pet Company, Class A (I) 300 3,624
Church & Dwight Company, Inc. 1,000 53,990
Colgate-Palmolive Company 1,828 195,998
Energizer Holdings, Inc. 500 37,305
Henkel AG & Company, KGaA 631 41,188
Hindustan Unilever, Ltd. 1,743 18,021
Kimberly-Clark Corp. 1,600 137,248
Kimberly-Clark de Mexico SAB de CV 9,000 21,494
LG Household & Health Care, Ltd. 26 14,813
Lion Corp. 1,000 5,820
McBride PLC (I) 3,988 8,342
NVC Lighting Holdings, Ltd. 3,000 670
PZ Cussons PLC 1,458 7,073
Reckitt Benckiser Group PLC 1,506 86,770
Spectrum Brands Holdings, Inc. 600 24,006
The Clorox Company 600 43,230
The Procter & Gamble Company 14,877 1,031,869
Unicharm Corp. 200 11,483
Vinda International Holdings, Ltd. 3,000 4,119
WD-40 Company 94 4,948
 
    1,756,767

 

Disciplined Diversification Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Personal Products - 0.2%    
Aderans Company, Ltd. (I) 200 $ 2,721
Amorepacific Corp. 14 14,875
AMOREPACIFIC Group 43 19,072
Atrium Innovations, Inc. (I) 65 710
Avon Products, Inc. 2,800 44,660
Beiersdorf AG 429 31,511
Blackmores, Ltd. 69 2,228
Colgate-Palmolive India, Ltd. 468 10,686
Dabur India, Ltd. 4,276 10,470
Elizabeth Arden, Inc. (I) 300 14,172
Fancl Corp. 300 3,518
Gillette India, Ltd. 134 5,448
Hengan International Group Company, Ltd. 4,000 37,754
Herbalife, Ltd. (L) 600 28,440
Hypermarcas SA (I) 1,400 10,283
Inter Parfums, Inc. 500 9,150
Kao Corp. 1,600 47,153
Kobayashi Pharmaceutical Company, Ltd. 200 10,665
Kose Corp. 200 4,661
L’Oreal SA 506 62,683
Natura Cosmeticos SA 600 16,352
Nu Skin Enterprises, Inc., Class A (L) 700 27,181
Nutraceutical International Corp. (I) 300 4,728
Oriflame Cosmetics SA SDR 111 3,806
Prestige Brands Holdings, Inc. (I)(L) 1,300 22,048
Procter & Gamble Hygiene &    
Health Care, Ltd. 55 2,595
Revlon, Inc., Class A (I) 600 9,264
Shiseido Company, Ltd. (L) 1,400 19,208
The Estee Lauder Companies, Inc., Class A 1,000 61,570
USANA Health Sciences, Inc. (I) 200 9,294
 
    546,906
Tobacco - 0.7%    
Alliance One International, Inc. (I)(L) 2,600 8,398
Altria Group, Inc. 8,164 272,596
British American Tobacco Malaysia BHD 800 15,796
British American Tobacco PLC, ADR (L) 2,715 278,668
Gudang Garam Tbk PT 2,000 9,697
Imperial Tobacco Group PLC 2,651 98,265
Imperial Tobacco Group, ADR 219 16,215
ITC, Ltd. 6,318 32,441
Japan Tobacco, Inc. 2,600 77,924
KT&G Corp. 357 27,177
Lorillard, Inc. 500 58,225
Philip Morris International, Inc. 7,527 676,978
Reynolds American, Inc. 1,500 65,010
Souza Cruz SA 2,000 27,130
Swedish Match AB 675 27,328
Universal Corp. (L) 150 7,638
Vector Group, Ltd. (L) 1,226 20,346
 
    1,719,832
 
    14,237,133
Energy - 7.5%    
Energy Equipment & Services - 1.1%    
Aker ASA, Series A 250 8,132
Aker Solutions ASA 700 13,315
AMEC PLC 2,895 53,741
Archer, Ltd. (I) 243 368
Atwood Oceanics, Inc. (I) 600 27,270
Baker Hughes, Inc. 2,588 117,055
Basic Energy Services, Inc. (I)(L) 600 6,732
BGR Energy Systems, Ltd. 542 2,819
Bourbon SA 210 6,059

 

84

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Disciplined Diversification Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Energy Equipment & Services (continued)    
Bristow Group, Inc. 400 $ 20,220
BW Offshore, Ltd. 2,640 1,653
Calfrac Well Services, Ltd. 200 4,813
Cameron International Corp. (I) 1,100 61,677
Canyon Services Group, Inc. 650 7,868
China Oilfield Services, Ltd., H Shares 10,000 18,155
Cie Generale de Geophysique-Veritas (I) 928 29,336
Compagnie Generale de    
Geophysique-Veritas (L) 435 14,290
Core Laboratories NV 83 10,083
Dawson Geophysical Company (I) 200 5,052
Diamond Offshore Drilling, Inc. (L) 1,200 78,972
Dockwise, Ltd. (I) 60 1,042
DOF ASA (I) 400 1,841
Dresser-Rand Group, Inc. (I) 600 33,066
Dril-Quip, Inc. (I) 300 21,564
Exterran Holdings, Inc. (I) 1,200 24,336
Farstad Shipping ASA 96 2,300
FMC Technologies, Inc. (I) 1,300 60,190
Fred Olsen Energy ASA 80 3,582
Fugro NV 672 45,829
Gulf Islands Fabrication, Inc. 100 2,787
Gulfmark Offshore, Inc., Class A (I) 400 13,216
Halliburton Company 4,800 161,712
Heckmann Corp. (I)(L) 1,600 6,720
Helix Energy Solutions Group, Inc. (I) 900 16,443
Helmerich & Payne, Inc. 1,100 52,371
Hornbeck Offshore Services, Inc. (I)(L) 600 21,990
Integra Group Holdings-REG S GDR (I) 532 686
ION Geophysical Corp. (I) 1,500 10,410
John Wood Group PLC 3,042 39,593
Key Energy Services, Inc. (I) 1,400 9,800
KNM Group BHD (I) 6,100 1,338
Kvaerner ASA 700 1,814
Lamprell PLC (I) 243 433
Lufkin Industries, Inc. (L) 400 21,528
Matrix Service Company (I) 500 5,285
McDermott International, Inc. (I) 1,600 19,552
Modec, Inc. 100 1,967
Nabors Industries, Ltd. (I) 2,700 37,881
National Oilwell Varco, Inc. 2,601 208,366
Natural Gas Services Group, Inc. (I) 100 1,495
Newpark Resources, Inc. (I)(L) 1,011 7,492
Noble Corp. (I) 1,023 36,603
North American Energy Partners, Inc. (I) 700 2,044
Oceaneering International, Inc. 800 44,200
Oil States International, Inc. (I) 500 39,730
Parker Drilling Company (I) 2,500 10,575
Pason Systems, Inc. 600 10,015
Patterson-UTI Energy, Inc. (L) 1,500 23,760
Petrofac, Ltd. 1,318 34,049
Petroleum Geo-Services ASA 1,029 17,091
Pioneer Energy Services Corp. (I) 900 7,011
Poseidon Concepts Corp. 862 12,810
Precision Drilling Corp. (I) 1,800 14,153
ProSafe SE 1,104 9,133
RigNet, Inc. (I) 200 3,700
Rowan Companies PLC, Class A (I) 1,100 37,147
RPC, Inc. (L) 1,650 19,619
Saipem SpA 1,324 63,787
Sapurakencana Petroleum BHD (I) 46,869 35,491
Savanna Energy Services Corp. 400 3,206
SBM Offshore NV (I) 691 9,887
Schlumberger, Ltd. 6,129 443,311
Schoeller-Bleckmann Oilfield Equipment AG 46 4,786

 

Disciplined Diversification Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Energy Equipment & Services (continued)    
Seadrill, Ltd. 907 $ 35,497
Sevan Marine ASA (I) 512 1,366
Shawcor, Ltd., Class A 600 26,048
Shinko Plantech Company, Ltd. 700 5,678
Siem Offshore, Inc. (I) 1,271 1,796
Songa Offshore SE (I) 1,579 3,337
Subsea 7 SA 1,520 35,210
Superior Energy Services, Inc. (I) 1,006 20,643
Swiber Holdings, Ltd. (I) 6,000 3,212
Technip SA 523 58,356
Tecnicas Reunidas SA 207 9,658
Tenaris SA (L) 1,200 48,924
Tesco Corp. (I) 200 2,136
Tidewater, Inc. 600 29,118
TMK OAO, GDR (I) 600 9,124
Total Energy Services, Inc. 400 6,477
Trican Well Service, Ltd. 900 11,709
Union Drilling, Inc. (I) 900 5,841
Unit Corp. (I) 500 20,750
Weatherford International, Ltd. (I) 5,000 63,400
Willbros Group, Inc. (I) 600 3,222
WorleyParsons, Ltd. 854 24,916
 
    2,632,765
Oil, Gas & Consumable Fuels - 6.4%    
Adaro Energy Tbk PT 67,000 10,440
Advantage Oil & Gas, Ltd. (I) 1,400 5,241
Afren PLC (I) 4,344 9,864
Alon USA Energy, Inc. 1,100 15,070
Alpha Natural Resources, Inc. (I) 2,153 14,145
AltaGas, Ltd. 700 24,031
Anadarko Petroleum Corp. 3,300 230,736
Apache Corp. 2,300 198,881
Approach Resources, Inc. (I) 400 12,052
Aquila Resources, Ltd. (I) 871 2,305
ARC Resources, Ltd. (L) 1,233 29,975
Arch Coal, Inc. 1,300 8,229
Aurora Oil and Gas, Ltd. (I) 2,460 9,174
AWE, Ltd. 6,149 8,310
Bangchak Petroleum PCL 6,900 5,470
Bankers Petroleum, Ltd. (I) 700 2,101
Banpu PCL 700 8,915
Bayan Resources Tbk PT 1,500 1,837
Baytex Energy Corp. 438 20,815
Beach Energy, Ltd. 27,483 35,768
Bellatrix Exploration, Ltd. (I) 2,700 10,958
Berry Petroleum Company, Class A (L) 500 20,315
BG Group PLC 11,036 223,469
Bharat Petroleum Corp., Ltd. 1,270 8,452
Bill Barrett Corp. (I)(L) 700 17,339
BlackPearl Resources, Inc. (I) 1,800 6,628
Bonavista Energy Corp. 600 10,644
Bonheur ASA 169 3,486
BP PLC, ADR 12,600 533,736
Brightoil Petroleum Holdings Ltd (I) 17,000 3,147
Bumi Resources Tbk PT 59,500 4,505
Cabot Oil & Gas Corp. 1,900 85,310
Cairn Energy PLC (I) 3,753 16,708
Cairn India, Ltd. (I) 1,480 9,271
Callon Petroleum Company (I) 600 3,690
Caltex Australia, Ltd. 761 12,987
Calvalley Petroleums, Inc. (I) 500 1,099
Cameco Corp. (L) 2,100 40,906
Canadian Natural Resources, Ltd. 4,550 140,374
Canadian Oil Sands, Ltd. 1,531 32,782

 

85

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Disciplined Diversification Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Oil, Gas & Consumable Fuels (continued)    
Carrizo Oil & Gas, Inc. (I) 400 $ 10,004
CCX Carvao da Colombia SA (I) 600 912
Celtic Exploration, Ltd. (I) 600 11,157
Cenovus Energy, Inc. 2,056 71,754
Cheniere Energy, Inc. (I)(L) 1,500 23,325
Chennai Petroleum Corp., Ltd. 742 1,840
Chesapeake Energy Corp. 4,400 83,028
Chevron Corp. 12,747 1,485,790
China Aviation Oil Singapore Corp., Ltd. 2,000 1,635
China Coal Energy Company, Ltd., H Shares 29,000 26,321
China Petroleum & Chemical Corp., ADR 820 75,784
China Qinfa Group, Ltd. 4,000 472
China Shenhua Energy Company, Ltd.,    
H Shares 11,000 42,325
Chinook Energy, Inc. (I) 716 1,143
Cimarex Energy Company (L) 800 46,840
Clayton Williams Energy, Inc. (I)(L) 300 15,567
Clean Energy Fuels Corp. (I)(L) 1,082 14,250
Cloud Peak Energy, Inc. (I)(L) 700 12,670
CNOOC, Ltd. 2,000 4,058
CNOOC, Ltd., ADR 670 135,829
Cobalt International Energy, Inc. (I) 1,100 24,497
Cockatoo Coal, Ltd. (I) 8,818 1,048
Comstock Resources, Inc. (I)(L) 600 11,028
Concho Resources, Inc. (I) 1,100 104,225
Connacher Oil and Gas, Ltd. (I) 1,300 714
ConocoPhillips 7,097 405,806
CONSOL Energy, Inc. (L) 1,900 57,095
Continental Resources, Inc. (I) 300 23,070
Corridor Resources, Inc. (I) 1,200 757
Cosan SA Industria e Comercio 700 12,786
Cosmo Oil Company, Ltd. 4,000 7,286
Crescent Point Energy Corp. (L) 800 35,423
Crew Energy, Inc. (I) 300 2,209
Crosstex Energy, Inc. (L) 511 7,169
CVR Energy, Inc. (I) 1,100 0
Dart Energy, Ltd. (I) 4,100 722
Delek US Holdings, Inc. 336 8,565
Delta Dunia Makmur Tbk PT (I) 65,000 1,689
Denbury Resources, Inc. (I) 4,023 65,012
Det Norske Oljeselskap ASA (I) 1,244 20,630
Devon Energy Corp. 2,300 139,150
DNO International ASA (I) 4,000 7,660
Dragon Oil PLC 2,521 24,367
Ecopetrol SA, ADR 500 29,465
Enbridge Income Fund Holdings, Inc. 400 9,566
Enbridge, Inc. (L) 2,368 92,494
Encana Corp. (L) 2,556 55,977
Enerflex, Ltd. 500 6,332
Energen Corp. 700 36,687
Energi Mega Persada Tbk PT (I) 260,500 2,428
Energy Resources of Australia, Ltd. (I) 1,102 1,504
Energy XXI Bermuda, Ltd. 800 27,960
Enerplus Corp. (L) 1,342 22,251
ENI SpA, ADR 4,553 199,604
Enquest PLC (I) 5,935 11,027
EOG Resources, Inc. 1,801 201,802
EPL Oil & Gas, Inc. (I) 600 12,174
EQT Corp. 700 41,300
ERG SpA 259 1,875
Essar Oil, Ltd. (I) 3,444 3,289
Essar Shipping, Ltd. (I) 1,514 772
Esso SAF 21 1,641
Etablissements Maurel et Prom SA 451 6,680
Euronav NV (I) 398 2,544

 

Disciplined Diversification Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Oil, Gas & Consumable Fuels (continued)    
EXCO Resources, Inc. 1,900 $ 15,219
Exxaro Resources, Ltd. 603 11,672
Exxon Mobil Corp. 27,915 2,552,827
Fairborne Energy, Ltd. (I) 400 545
Forest Oil Corp. (I) 1,500 12,675
Formosa Petrochemical Corp. 2,000 5,994
Frontline, Ltd. (I) 400 1,550
FX Energy, Inc. (I)(L) 1,300 9,698
Galp Energia SGPS SA 945 15,363
Gazprom Neft JSC, ADR 752 17,822
gazprom oao, adr 455 4,591
gazprom oao, adr (london exchange) 21,205 212,642
gran tierra energy, inc. (i) 1,700 8,789
gran tierra energy, inc.    
(toronto exchange) (i) 49 253
grupa lotos sa (i) 726 7,114
gs holdings corp. 329 19,622
guide exploration, ltd. (i) 300 516
gulfport energy corp. (i) 600 18,756
Halcon Resources Corp. (I)(L) 579 4,244
Harvest Natural Resources, Inc. (I)(L) 500 4,460
Hellenic Petroleum SA 1,357 11,262
Hess Corp. 1,764 94,762
Hindustan Petroleum Corp., Ltd. 939 5,498
HollyFrontier Corp. 2,042 84,273
Horizon Oil, Ltd. (I) 30,952 9,578
Hunting PLC 1,178 15,762
Husky Energy, Inc. (L) 1,675 45,014
Imperial Oil, Ltd. 750 34,521
Indian Oil Corp., Ltd. 2,260 10,717
Indo Tambangraya Megah Tbk PT 2,000 8,770
Inpex Corp. 9 53,313
IRPC PCL 74,400 10,297
Ivanhoe Energy, Inc. (I) 900 494
Japan Petroleum Exploration Company, Ltd. 200 7,976
JKX Oil & Gas PLC (I) 308 394
JX Holdings, Inc. (L) 10,890 59,536
Keyera Corp. 500 24,229
Kinder Morgan, Inc. 2,660 94,483
King Stone Energy Group, Ltd. (I) 18,000 1,207
Kunlun Energy Company, Ltd. 16,000 27,994
Legacy Oil & Gas, Inc. (I) 800 5,468
Linc Energy, Ltd. (I) 3,876 2,499
Lone Pine Resources, Inc. (I) 918 1,432
LUKOIL OAO, ADR 1,884 116,583
Lundin Petroleum AB (I) 1,302 31,826
Mangalore Refinery and Petrochemicals, Ltd. 2,861 3,299
Marathon Oil Corp. 5,000 147,850
Marathon Petroleum Corp. 1,894 103,393
Maurel & Prom Nigeria (I) 1,051 2,798
McMoRan Exploration Company (I)(L) 1,285 15,099
Medco Energi Internasional Tbk PT 35,000 6,245
MEG Energy Corp. (I) 200 7,607
Melrose Resources PLC 307 642
Mitsuuroko Holdings Company, Ltd. 700 5,319
MOL Hungarian Oil and Gas PLC 133 11,032
Mongolia Energy Company, Ltd. (I) 38,000 1,567
Motor Oil Hellas Corinth Refineries SA (I) 798 6,206
Murphy Oil Corp. 1,300 69,797
Neste Oil OYJ 833 10,955
New Hope Corp., Ltd 1,732 8,067
New Zealand Refining Company, Ltd. 491 1,109
Newfield Exploration Company (I) 1,200 37,584
Nexen, Inc. 2,947 74,642
Niko Resources, Ltd. (I) 400 5,525

 

86

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Disciplined Diversification Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Oil, Gas & Consumable Fuels (continued)    
Noble Energy, Inc. 800 $ 74,168
Norwegian Energy Company AS (I) 1,197 1,069
NuVista Energy, Ltd. (I) 800 3,678
Oasis Petroleum, Inc. (I) 700 20,629
Occidental Petroleum Corp. 5,101 438,992
Oil & Natural Gas Corp., Ltd. 855 4,534
Oil Refineries, Ltd. (I) 5,510 2,232
Oil Search, Ltd. 3,817 29,217
OMV AG 732 25,654
Origin Energy, Ltd. 5,053 59,304
Overseas Shipholding Group, Inc. (I)(L) 400 2,640
PA Resources AB (I)(L) 475 49
Pacific Rubiales Energy Corp. (L) 1,300 31,062
Paladin Resources, Ltd. (I) 5,205 6,715
Paramount Resources, Ltd. (I) 300 9,149
Parkland Fuel Corp. 583 9,850
Paz Oil Company, Ltd. 59 7,053
PDC Energy, Inc. (I)(L) 400 12,652
Peabody Energy Corp. 2,000 44,580
Pembina Pipeline Corp. (L) 1,092 30,657
Pengrowth Energy Trust (L) 2,555 17,231
Penn Virginia Corp. (I)(L) 500 3,100
Penn West Petroleum, Ltd. (L) 3,360 47,814
Perpetual Energy, Inc. (I) 1,900 2,377
PetroBakken Energy, Ltd., Class A 921 13,069
Petrobank Energy & Resources, Ltd. (I) 1,000 14,027
PetroChina Company, Ltd., H Shares 86,000 111,664
Petroleo Brasileiro SA 2,100 24,136
Petroleo Brasileiro SA (Class A), ADR (L) 9,321 205,714
Petroleo Brasileiro SA, ADR 5,382 123,463
Petrominerales, Ltd. 1,014 8,210
Petronas Dagangan BHD 1,700 12,485
Petroquest Energy, Inc. (I) 1,000 6,710
Peyto Exploration & Development Corp. 571 14,057
Phillips 66 3,548 164,521
Pioneer Natural Resources Company 800 83,520
Plains Exploration & Production Company (I) 1,300 48,711
Polski Koncern Naftowy Orlen SA (I) 2,198 31,214
Premier Oil PLC (I) 2,268 13,179
Progress Energy Resources Corp. (I) 1,300 28,959
PTT Exploration & Production PCL 4,000 21,118
PTT PCL, Foreign Shares 4,706 50,301
QEP Resources, Inc. 1,607 50,878
Questerre Energy Corp. (I) 3,200 2,279
Quicksilver Resources, Inc. (I) 2,000 8,180
Range Resources Corp. 1,100 76,857
Reliance Industries, Ltd. 5,113 80,787
Repsol SA 2,802 54,537
Rex Energy Corp. (I)(L) 800 10,680
Rosetta Resources, Inc. (I) 500 23,950
Rosneft OAO, GDR (I) 389 2,614
Rosneft Oil Company, GDR (I) 5,147 34,734
Royal Dutch Shell PLC, ADR, Class B (L) 5,107 364,129
Royal Dutch Shell PLC, B Shares 2,979 105,958
S-Oil Corp. 123 11,642
Salamander Energy PLC (I) 742 2,402
San-Ai Oil Company, Ltd. 2,000 9,124
SandRidge Energy, Inc. (I)(L) 4,188 29,190
Santos, Ltd. 5,154 60,399
Saras SpA (I) 2,835 3,601
Sasol, Ltd., ADR 1,678 74,805
SemGroup Corp., Class A (I) 700 25,795
Shell Refining Company Federation of    
Malaya BHD 1,100 3,240
Ship Finance International, Ltd. (L) 900 14,148

 

Disciplined Diversification Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Oil, Gas & Consumable Fuels (continued)    
Sino Oil And Gas Holdings, Ltd. (I) 100,000 $ 1,971
SK Innovation Company, Ltd. 244 36,654
SM Energy Company 700 37,877
SouthGobi Energy Resources, Ltd. (I) 100 209
Southwestern Energy Company (I) 2,600 90,428
Spectra Energy Corp. 3,100 91,016
Sprott Resource Corp. (I) 687 2,760
Statoil ASA 883 22,841
Statoil ASA, ADR (L) 2,628 67,776
Stone Energy Corp. (I)(L) 700 17,584
Suncor Energy, Inc. 7,239 238,134
Swift Energy Company (I) 500 10,440
Talisman Energy, Inc. 3,900 52,127
Targa Resources Corp. (L) 500 25,170
Teekay Corp. 600 18,720
Tesoro Corp. 1,200 50,280
Tethys Petroleum, Ltd. (I) 400 285
Thai Oil PCL 7,000 14,839
The Great Eastern Shipping Company, Ltd. 515 2,431
The Williams Companies, Inc. 4,900 171,353
Total SA 6,664 331,460
Total SA, ADR 825 41,333
TransCanada Corp. 2,739 124,649
Transglobe Energy Corp. (I) 600 6,530
Trilogy Energy Corp. 400 10,432
Tullow Oil PLC 3,282 72,799
Tupras Turkiye Petrol Rafinerileri AS 681 15,553
UEX Corp. (I) 800 570
Ultra Petroleum Corp. (I)(L) 1,300 28,574
Ultrapar Participacoes SA 800 17,999
Ultrapar Participacoes SA, ADR 400 8,924
Uranium One, Inc. (I)(L) 4,000 9,562
USEC, Inc. (I)(L) 2,500 1,950
Vaalco Energy, Inc. (I)(L) 600 5,130
Valero Energy Corp. 4,800 152,064
Vanguarda Agro SA (I) 15,200 2,774
Venoco, Inc. (I)(L) 500 5,940
Veresen, Inc. 1,100 14,423
Vermilion Energy, Inc. (L) 320 15,038
Vero Energy, Inc. 300 772
W&T Offshore, Inc. 500 9,390
Warren Resources, Inc. (I) 900 2,736
Western Refining, Inc. 1,400 36,652
Whitehaven Coal, Ltd. 1,593 4,688
Whiting Petroleum Corp. (I) 1,200 56,856
Woodside Petroleum, Ltd. 2,235 76,429
World Fuel Services Corp. (L) 500 17,805
WPX Energy, Inc. (I) 1,633 27,091
Yanchang Petroleum International, Ltd. (I) 19,205 1,236
Yanzhou Coal Mining    
Company, Ltd., ADR (L) 900 13,455
Yanzhou Coal Mining Company, Ltd.,    
H Shares 2,000 3,032
Zargon Oil & Gas, Ltd. 455 4,258
 
    14,815,517
 
    17,448,282
Financials - 12.8%    
Capital Markets - 1.5%    
Aberdeen Asset Management PLC 7,201 36,265
ABG Sundal Collier Holding ASA (I) 5,096 3,590
Affiliated Managers Group, Inc. (I) 500 61,500
AGF Management, Ltd. 756 8,644
Allied Properties HK, Ltd. 20,000 2,767

 

87

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Disciplined Diversification Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Capital Markets (continued)    
Altamir Amboise 346 $ 2,958
American Capital, Ltd. (I) 2,631 29,836
Ameriprise Financial, Inc. 2,100 119,049
Ashmore Group PLC 2,022 11,151
Avanza Bank Holding AB 300 6,611
Azimut Holding SpA 1,451 16,768
Bank Sarasin & Cie Ag (I) 196 5,668
BGC Partners, Inc., Class A (L) 1,200 5,880
BinckBank NV 387 2,852
BlackRock, Inc. 675 120,353
Brait SE (I) 5,319 18,808
Calamos Asset Management, Inc., Class A (L) 400 4,656
Canaccord Financial, Inc.    
(Toronto Exchange) (L) 1,200 6,933
Capital Securities Corp. 15,403 5,836
Capital Southwest Corp. 100 11,195
CETIP SA - Mercados Organizados 1,100 14,433
China Everbright, Ltd. 8,000 9,946
CI Financial Corp. (L) 800 18,488
Close Brothers Group PLC 1,435 19,365
Cohen & Steers, Inc. 309 9,153
Coronation Fund Managers, Ltd. 4,050 15,092
Cowen Group, Inc., Class A (I) 677 1,828
Credit Suisse Group AG (I) 318 6,763
Credit Suisse Group AG, ADR (L) 5,179 109,536
Daishin Securities Company, Ltd. 870 6,876
Daiwa Securities Group, Inc. 8,000 30,416
Deutsche Bank AG (L) 3,412 135,286
Deutsche Bank AG (German Exchange) 199 7,876
E*TRADE Financial Corp. (I) 2,350 20,704
Eaton Vance Corp. (L) 1,200 34,752
EFG International (I)(L) 308 2,574
Epoch Holding Corp. 35 809
Eugene Investment &    
Securities Company, Ltd. (I) 773 1,851
Evercore Partners, Inc., Class A 300 8,100
F&C Asset Management PLC 4,118 6,426
Federated Investors, Inc., Class B (L) 800 16,552
Franklin Resources, Inc. 600 75,042
GAM Holding AG (I) 1,827 23,847
GAMCO Investors, Inc., Class A 100 4,975
Get Nice Holdings, Ltd. 30,000 1,216
GFI Group, Inc. 2,600 8,268
GMP Capital, Inc. 600 3,558
Greenhill & Company, Inc. 300 15,525
Hanwha Investment &    
Securities Company, Ltd. 1,080 4,012
Hargreaves Lansdown PLC 1,126 11,443
Harris & Harris Group, Inc. (I) 600 2,274
Henderson Group PLC 3,377 5,864
HFF, Inc., Class A (I) 500 7,450
Hyundai Securities Company, Ltd. 1,170 9,709
ICAP PLC 3,375 17,555
ICG Group, Inc. (I) 800 8,128
Ichiyoshi Securities Company, Ltd. 1,100 5,477
IGM Financial, Inc. 400 15,620
Intermediate Capital Group PLC 1,170 5,654
INTL. FCStone, Inc. (I)(L) 300 5,718
Invesco, Ltd. 5,059 126,424
Investec PLC 3,161 19,572
Investec, Ltd. 1,608 9,878
Investment Technology Group, Inc. (I) 300 2,610
IOOF Holdings, Ltd. 1,604 9,502
Janus Capital Group, Inc. 2,400 22,656
Jefferies Group, Inc. 1,700 23,273

 

Disciplined Diversification Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Capital Markets (continued)    
JMP Group, Inc. 400 $ 2,196
Julius Baer Group, Ltd. (I) 1,089 37,975
KBW, Inc. (L) 500 8,235
KIWOOM Securities Company, Ltd. 141 8,193
Knight Capital Group, Inc., Class A (I) 786 2,106
Korea Investment Holdings Company, Ltd. 460 16,316
Lazard, Ltd., Class A 800 23,384
Legg Mason, Inc. 1,300 32,084
LPL Financial Holdings, Inc. 800 22,832
Macquarie Group, Ltd. 1,925 56,518
Man Group PLC 12,668 16,916
Marfin Investment Group SA (I) 7,394 2,768
MCG Capital Corp. (L) 700 3,227
Medallion Financial Corp. 300 3,543
Mediobanca SpA 3,919 21,028
Mirae Asset Securities Company, Ltd. 306 9,211
MLP AG 663 4,309
Morgan Stanley 11,761 196,879
NH Investment & Securities Company, Ltd. 597 2,875
Nomura Holdings, Inc. 15,600 55,706
Northern Trust Corp. 2,100 97,472
Okasan Holdings, Inc. 1,000 3,739
Partners Group Holding AG 72 14,987
Peregrine Holdings, Ltd. 3,334 4,485
Perpetual, Ltd. 325 8,723
Piper Jaffray Companies (I)(L) 200 5,090
Platinum Asset Management, Ltd. 1,354 4,984
Proton Bank SA (I) 1,023 0
Rathbone Brothers PLC 506 10,858
Ratos AB 1,199 10,602
Raymond James Financial, Inc. 1,200 43,980
Safeguard Scientifics, Inc. (I) 400 6,276
Samsung Securities Company, Ltd. 422 19,767
SBI Holdings, Inc. 1,520 9,788
Schroders PLC 596 14,664
SEI Investments Company 1,300 27,885
SK Securities Company, Ltd. 3,120 3,548
Sprott, Inc. 752 3,626
State Street Corp. 3,100 130,076
Steel Excel, Inc. (I) 150 3,788
Stifel Financial Corp. (I)(L) 525 17,640
Sun Hung Kai & Company, Ltd. 7,000 3,619
Swissquote Group Holding SA (I) 142 4,351
SWS Group, Inc. (I) 400 2,444
T. Rowe Price Group, Inc. 1,200 75,960
TD Ameritrade Holding Corp. 2,897 44,527
The Bank of New York Mellon Corp. 7,550 170,781
The Charles Schwab Corp. (L) 6,818 87,202
The Goldman Sachs Group, Inc. 3,012 342,404
Tokai Tokyo Securities Company, Ltd. 3,000 10,024
TONGYANG Securities, Inc. 370 1,391
Tullett Prebon PLC 2,196 10,582
UBS AG (I) 15,372 187,608
Virtus Investment Partners, Inc. (I) 85 7,310
Vontobel Holding AG 286 7,198
Waddell & Reed Financial, Inc., Class A 800 26,216
Waterland Financial Holding Company, Ltd. 25,633 7,810
Woori Investment & Securities Company, Ltd. 1,003 10,518
Yuanta Financial Holdings Company, Ltd. 51,330 26,859
 
    3,398,479
Commercial Banks - 5.5%    
1st Source Corp. 100 2,227
1st United Bancorp, Inc. (I) 600 3,870
ABSA Group, Ltd. 1,409 23,453

 

88

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Disciplined Diversification Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Commercial Banks (continued)    
Agricultural Bank of China, Ltd., H Shares 16,000 $ 6,224
Aichi Bank, Ltd. 100 5,783
Akbank TAS 4,415 17,470
Akita Bank, Ltd. 3,000 8,945
Albaraka Turk Katilim Bankasi AS (I) 3,793 2,874
Allahabad Bank 1,093 3,031
Alpha Bank AE (I) 4,746 10,188
Ameris Bancorp (I)(L) 203 2,556
Aomori Bank, Ltd. 1,000 3,140
Arrow Financial Corp. (L) 222 5,559
Associated Banc-Corp. 2,000 26,340
Asya Katilim Bankasi AS (I) 1,317 1,453
Australia & New Zealand Banking Group, Ltd. 10,197 260,829
Awa Bank, Ltd. 2,000 12,912
Axis Bank, Ltd. 1,275 27,361
Banca Carige SpA (L) 7,025 6,784
Banca Monte dei Paschi di Siena SpA (I)(L) 13,824 3,999
Banca Popolare dell’Emilia Romagna SCRL 1,417 7,662
Banca Popolare dell’Etruria e del Lazio SpA 1,167 1,615
Banca Popolare di Milano SpA (I) 20,720 10,928
Banca Popolare di Sondrio SCRL 1,955 11,531
Bancfirst Corp. 200 8,592
Banco Bilbao Vizcaya Argentaria SA 12,441 98,366
Banco Bilbao Vizcaya    
Argentaria SA, ADR (L) 5,631 43,640
Banco BPI SA (I)(L) 5,418 5,301
Banco Bradesco SA 1,387 18,261
Banco Bradesco SA, ADR (L) 7,774 124,928
Banco Comercial Portugues SA (I) 30,036 2,470
Banco Comercial Portugues SA    
(Portuguese Exchange) (I)(L) 17,318 1,424
Banco de Chile, ADR 66 5,504
Banco de Credito e Inversiones 239 15,110
Banco de Sabadell SA (L) 7,734 20,845
Banco di Desio e della Brianza SpA 669 1,701
Banco do Brasil SA 3,145 38,474
Banco Espanol de Credito SA 577 2,073
Banco Espirito Santo SA (I)(L) 10,200 7,417
Banco Popolare SC (I) 3,700 5,569
Banco Popular Espanol SA (I)(L) 7,832 17,176
Banco Santander Brasil SA, ADR 4,500 33,165
Banco Santander Chile, ADR (L) 299 21,899
Banco Santander SA (I) 34,210 256,289
Banco Santander SA, ADR 100 746
Bancolombia SA, ADR (L) 200 11,942
BancorpSouth, Inc. (L) 1,300 19,162
Bangkok Bank PCL, Foreign Shares 2,700 17,584
Bank Central Asia Tbk PT 37,500 30,846
Bank Coop AG (I) 119 7,022
Bank Danamon Indonesia Tbk PT 32,996 21,493
Bank Handlowy w Warszawie SA 220 6,064
Bank Hapoalim, Ltd. (I) 4,818 17,167
Bank Leumi Le-Israel, Ltd. (I) 6,483 18,068
Bank Mandiri Persero Tbk PT 43,228 36,880
Bank Millennium SA (I) 2,000 2,423
Bank Negara Indonesia Persero Tbk PT 11,598 4,746
Bank of Ayudhya PCL 16,200 16,538
Bank of China, Ltd., H Shares 298,100 113,384
Bank of Communications Company, Ltd.,    
H Shares (I) 28,225 19,078
Bank of Cyprus PLC (I) 5,706 1,677
Bank of East Asia, Ltd. 8,438 31,501
Bank of Greece SA 162 2,915
Bank of Hawaii Corp. 400 18,248
Bank of India 845 4,974

 

Disciplined Diversification Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Commercial Banks (continued)    
Bank of Montreal (Canadian Exchange) (L) 3,060 $ 180,842
Bank of Nova Scotia (L) 3,495 191,690
Bank of Queensland, Ltd. 2,116 16,630
Bank of Saga, Ltd. 3,000 7,263
Bank of the Ozarks, Inc. (L) 400 13,788
Bank Pan Indonesia Tbk PT (I) 46,000 3,303
Bank Pekao SA 320 15,804
Bank Permata Tbk PT (I) 6,000 904
Bank Rakyat Indonesia Persero Tbk PT 43,000 33,300
Bank Tabungan Negara Persero Tbk PT 29,000 4,342
Bank Tabungan Pensiunan Nasional Tbk PT (I) 7,500 4,104
Bankinter SA 2,422 10,586
BankUnited, Inc. 267 6,571
Barclays PLC, ADR (L) 11,967 165,982
Basler Kantonalbank 42 4,622
BB&T Corp. 5,400 179,064
BBCN Bancorp, Inc. (I) 1,324 16,696
BDO Unibank, Inc. (I) 4,325 6,714
Bendigo and Adelaide Bank, Ltd. 2,563 20,361
Berner Kantonalbank 51 13,706
BNP Paribas SA 4,055 193,810
BOC Hong Kong Holdings, Ltd. 10,000 31,687
BOK Financial Corp. 400 23,640
Boston Private Financial Holdings, Inc. (L) 1,106 10,607
Bryn Mawr Bank Corp. 150 3,366
BS Financial Group, Inc. 490 5,261
CaixaBank 107 419
CaixaBank (L) 5,131 19,287
Camden National Corp. 200 7,408
Canadian Imperial Bank of Commerce (L) 1,479 115,765
Canara Bank 847 6,911
Capital Bank Financial Corp., Class A (I) 18 329
Capital City Bank Group, Inc. (I)(L) 200 2,128
CapitalSource, Inc. 2,753 20,868
Capitec Bank Holdings, Ltd. 297 7,979
Cardinal Financial Corp. 600 8,580
Cathay General Bancorp 1,300 22,438
Centerstate Banks, Inc. 300 2,676
Chang Hwa Commercial Bank 33,822 18,273
Chemical Financial Corp. 400 9,680
China Citic Bank Corp., Ltd., H Shares (I) 47,000 22,140
China Construction Bank Corp., H Shares 263,891 182,355
China Development    
Financial Holdings Corp. (I) 41,029 10,108
China Merchants Bank Company, Ltd.,    
H Shares 15,128 25,333
China Minsheng Banking Corp., Ltd.,    
H Shares 23,000 18,072
Chinatrust Financial Holding Company, Ltd. 40,153 24,141
Chong Hing Bank, Ltd. 2,000 3,302
CIMB Group Holdings BHD 18,000 44,157
CIT Group, Inc. (I) 1,600 63,024
City Holding Company 100 3,584
City National Corp. (L) 500 25,755
CoBiz Financial, Inc. 700 4,900
Columbia Banking System, Inc. 500 9,270
Comdirect Bank AG 358 3,573
Comerica, Inc. 1,849 57,411
Commerce Bancshares, Inc. 662 26,698
Commerzbank AG (I) 17,645 31,628
Commonwealth Bank of Australia 5,905 340,456
Community Bank Systems, Inc. (L) 600 16,914
Community Trust Bancorp, Inc. 300 10,661
Corpbanca SA 115,713 1,403
Corpbanca SA, ADR (L) 333 6,021

 

89

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Disciplined Diversification Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Commercial Banks (continued)    
Credicorp, Ltd. 258 $ 32,322
Credit Agricole SA (I) 5,426 37,681
Credito Bergamasco SpA 157 2,722
Credito Emiliano SpA 637 2,961
Cullen/Frost Bankers, Inc. 500 28,715
CVB Financial Corp. 900 10,746
Dah Sing Banking Group, Ltd. 40 37
Dah Sing Financial Holdings, Ltd. 900 3,093
Daisan Bank, Ltd. 1,000 1,825
Daishi Bank, Ltd. 3,000 9,780
Danske Bank A/S (I) 3,364 60,797
DBS Group Holdings, Ltd. 8,477 99,011
Dexia SA (I) 5,143 1,455
DGB Financial Group, Inc. 910 11,988
DNB ASA 4,410 54,239
DVB Bank AG 130 4,003
E.Sun Financial Holding Company, Ltd. 35,163 19,832
East West Bancorp, Inc. 1,700 35,904
EFG Eurobank Ergasias SA (I) 3,504 4,803
Ehime Bank, Ltd. 1,000 2,665
Enterprise Financial Services Corp. 100 1,360
Entie Commercial Bank 3,000 1,484
Erste Group Bank AG (I) 1,066 23,894
Far Eastern International Bank 22,121 8,727
Federal Bank, Ltd. 1,480 12,518
Fifth Third Bancorp 8,100 125,631
Financial Institutions, Inc. 100 1,864
First Bancorp North Carolina 300 3,459
First Busey Corp. 1,300 6,344
First Commonwealth Financial Corp. (L) 1,500 10,575
First Community Bancshares, Inc. 300 4,578
First Financial Bancorp 659 11,144
First Financial Bankshares, Inc. (L) 150 5,405
First Financial Corp. 200 6,268
First Financial Holding Company, Ltd. 47,019 29,020
First Horizon National Corp. (L) 2,054 19,780
First Merchants Corp. 300 4,503
First Midwest Bancorp, Inc. 800 10,040
First Niagara Financial Group, Inc. 3,414 27,619
First Republic Bank 481 16,575
FirstMerit Corp. 1,318 19,414
FNB Corp. 1,800 20,178
Fukui Bank, Ltd. 2,000 4,903
Fukuoka Financial Group, Inc. 5,000 20,300
Fulton Financial Corp. 1,800 17,748
Geniki Bank (I) 6 33
German American Bancorp, Inc. 200 4,824
Getin Holding SA (I) 5,326 3,336
Glacier Bancorp, Inc. 1,200 18,696
Great Southern Bancorp, Inc. 200 6,182
Grupo Financiero Banorte SAB    
de CV, Series O 10,800 61,041
Grupo Financiero Inbursa SAB    
de CV, Series O 13,000 36,601
GSD Holding AS (I) 3,434 1,281
Hana Financial Group, Inc. 1,320 39,943
Hancock Holding Company 785 24,296
Hang Seng Bank, Ltd. 2,400 36,782
HDFC Bank, Ltd. 1,692 20,105
HDFC Bank, Ltd., ADR (L) 462 17,362
Heartland Financial USA, Inc. (L) 400 10,908
Higashi-Nippon Bank, Ltd. 3,000 6,567
Higo Bank, Ltd. 2,000 12,168
Hokuhoku Financial Group, Inc. 10,000 15,466
Home BancShares, Inc. (L) 228 7,773

 

Disciplined Diversification Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Commercial Banks (continued)    
Hong Leong Bank BHD 3,360 $ 14,729
HSBC Holdings PLC, ADR (L) 14,957 694,902
Hua Nan Financial Holdings Company, Ltd. 35,777 20,081
Hudson Valley Holding Corp. 242 4,126
Huntington Bancshares, Inc. 7,100 48,990
Hyakujushi Bank, Ltd. 2,000 8,043
Iberiabank Corp. (L) 400 18,320
ICICI Bank, Ltd., ADR 1,090 43,753
IDBI Bank, Ltd. 2,292 4,355
Indian Bank 736 2,693
Industrial & Commercial Bank of China,    
H Shares 249,730 146,849
Industrial Bank of Korea 1,290 14,143
International Bancshares Corp. 1,300 24,765
Intesa Sanpaolo SpA 40,133 61,378
Investors Bancorp, Inc. 1,111 20,265
Irish Bank Resolution Corp., Ltd. (I) 3,621 0
Israel Discount Bank, Ltd. (I) 2,562 3,063
Itau Unibanco Holding SA 1,000 13,442
Itau Unibanco Holding SA, ADR (L) 6,815 104,133
Jeonbuk Bank, Ltd. 469 1,903
Juroku Bank, Ltd. 3,000 10,353
Jyske Bank A/S (I) 329 9,786
Kagoshima Bank, Ltd. 2,000 13,168
Karnataka Bank, Ltd. 259 537
Kasikornbank PCL (Foreign Shares) 5,000 29,572
KB Financial Group, Inc., ADR 1,600 56,464
KBC Groep NV 896 21,619
Keiyo Bank, Ltd. 2,000 9,128
KeyCorp 8,228 71,913
King’s Town Bank (I) 12,000 8,366
Kita-Nippon Bank, Ltd. 100 2,934
Komercni Banka AS 95 18,957
Korea Exchange Bank (I) 1,880 14,306
Kredyt Bank SA (I) 1,216 6,073
Krung Thai Bank PCL 20,500 12,188
Lakeland Bancorp, Inc. 220 2,277
Lakeland Financial Corp. 200 5,520
Laurentian Bank of Canada 300 14,123
Liechtensteinische Landesbank AG 43 1,544
Lloyds Banking Group PLC (I) 28,330 17,850
Lloyds TSB Group PLC (I)(L) 21,187 52,756
Luzerner Kantonalbank AG 38 13,386
M&T Bank Corp. 1,316 125,231
MainSource Financial Group, Inc. 700 8,988
Malayan Banking BHD 12,667 37,313
MB Financial, Inc. 300 5,925
Mega Financial Holding Company, Ltd. 32,419 24,763
Metro Bancorp, Inc. (I) 400 5,068
Metropolitan Bank & Trust Company 2,360 5,224
Minato Bank, Ltd. 3,000 5,840
Mitsubishi UFJ Financial Group 58,547 272,786
Mizrahi Tefahot Bank, Ltd. (I) 1,337 11,830
Mizuho Financial Group, Inc. 98,380 159,251
National Australia Bank, Ltd. 8,485 223,559
National Bank of Canada 600 45,407
National Bank of Greece SA (I) 6,037 14,676
National Penn Bancshares, Inc. 1,500 13,665
Natixis 5,861 18,536
NBT Bancorp, Inc. (L) 300 6,621
Nedbank Group, Ltd. 1,070 23,533
Nordea Bank AB 10,305 102,305
Ogaki Kyoritsu Bank, Ltd. 2,000 7,225
Old National Bancorp 500 6,805
Oriental Bank of Commerce 416 2,382

 

90

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Disciplined Diversification Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Commercial Banks (continued)    
Oriental Financial Group, Inc. (L) 500 $ 5,260
OTP Bank PLC (L) 1,599 28,154
Oversea-Chinese Banking Corp., Ltd. 8,352 63,395
Pacific Capital Bancorp (I) 100 4,590
Pacific Continental Corp. 400 3,572
PacWest Bancorp 500 11,685
Park National Corp. 100 7,002
Peoples Bancorp, Inc. 100 2,289
Piccolo Credito Valtellinese Scarl 3,174 5,211
Pinnacle Financial Partners, Inc. (I) 500 9,660
Piraeus Bank SA (I) 19,556 8,832
PNC Financial Services Group, Inc. 3,300 208,230
Powszechna Kasa Oszczednosci    
Bank Polski SA 1,895 21,097
PrivateBancorp, Inc. 900 14,391
Prosperity Bancshares, Inc. 400 17,048
Public Bank BHD 600 2,823
Raiffeisen Bank International AG (L) 268 9,747
Regions Financial Corp. 14,900 107,429
Renasant Corp. 200 3,921
Republic Bancorp, Inc., Class A (L) 300 6,585
Resona Holdings, Inc. 7,700 31,553
Ringkjoebing Landbobank A/S 36 4,915
Rizal Commercial Banking Corp. 3,600 3,930
Royal Bank of Canada (L) 4,212 242,240
Royal Bank of Scotland    
Group PLC, ADR (I)(L) 4,360 36,275
S&T Bancorp, Inc. 400 7,044
Sandy Spring Bancorp, Inc. 300 5,775
Sapporo Hokuyo Holdings, Inc. 2,200 6,315
Sberbank of Russia, ADR 4,971 58,516
SCBT Financial Corp. 300 12,084
Sekerbank TAS (I) 5,965 4,188
Shiga Bank, Ltd. 2,000 12,578
Shikoku Bank, Ltd. 1,000 2,600
Shimizu Bank, Ltd. 100 3,052
Shinhan Financial Group Company, Ltd., ADR 925 62,105
Siam Commercial Bank PCL 2,300 12,591
Sierra Bancorp 100 1,226
Signature Bank (I) 500 33,540
Simmons First National Corp., Class A 200 4,871
SinoPac Financial Holdings Company, Ltd. 40,065 16,798
Skandinaviska Enskilda Banken AB, Series A 6,481 54,441
Societe Generale SA (I) 2,915 83,143
Southside Bancshares, Inc. 136 2,966
Southwest Bancorp, Inc. (I) 200 2,170
Spar Nord Bank A/S (I) 1,200 5,458
Sparebanken 1 SMN 873 5,626
St. Galler Kantonalbank 37 13,851
Standard Bank Group, Ltd. 4,323 54,904
Standard Chartered PLC 9,490 214,965
State Bank of India 396 16,811
StellarOne Corp. 200 2,632
Sterling Bancorp 600 5,952
Suffolk Bancorp (I) 100 1,466
Sumitomo Mitsui Financial Group, Inc. 6,236 193,995
Sumitomo Mitsui Trust Holdings, Inc. (L) 15,430 45,828
Sun Bancorp, Inc. (I) 315 1,062
SunTrust Banks, Inc. 3,500 98,945
Susquehanna Bancshares, Inc. 3,457 36,160
SVB Financial Group (I) 500 30,230
Svenska Handelsbanken AB, Class A 1,724 64,763
Swedbank AB, Class A 4,147 78,007
SY Bancorp, Inc. 100 2,366
Sydbank A/S (I) 511 9,648

 

Disciplined Diversification Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Commercial Banks (continued)    
Synovus Financial Corp. 1,500 $ 3,555
Ta Chong Bank, Ltd. (I) 12,360 4,281
Taishin Financial Holdings Company, Ltd. 44,637 17,131
Taiwan Business Bank (I) 28,256 8,474
Taiwan Cooperative Financial Holding 27,470 15,199
Taylor Capital Group, Inc. (I) 466 7,978
TCF Financial Corp. 1,900 22,686
Texas Capital Bancshares, Inc. (I)(L) 500 24,855
Thanachart Capital PCL 2,100 2,576
The Bancorp, Inc. (I) 700 7,189
The Bank of Kyoto, Ltd. 3,000 25,331
The Bank of Yokohama, Ltd. 9,000 42,618
The Chiba Bank, Ltd. 5,000 28,981
The Chiba Kogyo Bank, Ltd. (I) 700 3,793
The Chugoku Bank, Ltd. 2,000 28,060
The Governor & Company of the Bank of    
Ireland, ADR (I) 200 1,104
The Gunma Bank, Ltd. 2,000 10,110
The Hachijuni Bank, Ltd. 3,000 16,538
The Hiroshima Bank, Ltd. 3,000 10,058
The Hokkoku Bank, Ltd. 3,000 11,414
The Hyakugo Bank, Ltd. 2,000 8,986
The Iyo Bank, Ltd. 2,000 16,295
The Joyo Bank, Ltd. 5,000 24,354
The Nanto Bank, Ltd. 2,000 10,014
The Nishi-Nippon City Bank, Ltd. 4,000 9,272
The San-in Godo Bank, Ltd. 2,000 14,537
The Shizuoka Bank, Ltd. (L) 3,000 30,705
The Toronto-Dominion Bank (L) 3,107 259,122
The Yachiyo Bank, Ltd. 300 5,806
Tochigi Bank, Ltd. 1,000 3,688
Toho Bank, Ltd. 3,000 10,233
Tomato Bank, Ltd. 1,000 1,939
TOMONY Holdings, Inc. 2,000 8,906
Tompkins Financial Corp. 110 4,457
TowneBank 515 7,895
Trico Bancshares 400 6,612
Trustmark Corp. 900 21,906
TT Hellenic Postbank SA (I) 615 133
Turkiye Garanti Bankasi AS 6,365 26,604
Turkiye Halk Bankasi AS 1,645 12,835
Turkiye Is Bankasi, Class C 4,912 15,442
Turkiye Vakiflar Bankasi Tao, Class D 5,846 12,640
U.S. Bancorp 11,100 380,730
UMB Financial Corp. (L) 400 19,472
Umpqua Holdings Corp. (L) 2,100 27,069
UniCredit SpA (I) 18,282 76,420
Union Bank of Philippines 1,410 3,543
Union First Market Bankshares Corp. 100 1,556
Unione di Banche Italiane SCPA 4,010 14,890
United Bankshares, Inc. (L) 900 22,419
United Community Banks, Inc. (I) 81 680
United Overseas Bank, Ltd. 4,068 64,954
Univest Corp. of Pennsylvania 200 3,600
Valiant Holding AG (I) 141 12,264
Valley National Bancorp 1,677 16,804
Virginia Commerce Bancorp, Inc. (I) 600 5,250
VTB Bank OJSC, GDR 1,125 3,745
VTB Bank OJSC, GDR (London Exchange) 2,787 9,281
Washington Banking Company 400 5,668
Washington Trust Bancorp, Inc. 100 2,627
Webster Financial Corp. 1,300 30,810
Wells Fargo & Company 25,935 895,536
WesBanco, Inc. 400 8,284
West Bancorp, Inc. 488 5,880

 

91

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Disciplined Diversification Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Commercial Banks (continued)    
West Coast Bancorp 241 $ 5,427
Westamerica Bancorp. 100 4,705
Western Alliance Bancorp (I) 1,400 14,280
Westpac Banking Corp, ADR (L) 1,047 134,362
Westpac Banking Corp. 6,899 177,199
Wilshire Bancorp, Inc. (I) 700 4,410
Wintrust Financial Corp. (L) 500 18,785
Woori Finance Holdings Company, Ltd. 2,440 23,977
Yamagata Bank, Ltd. 1,000 4,661
Yapi ve Kredi Bankasi AS (I) 4,484 10,697
Yes Bank, Ltd. 1,666 12,080
Zions Bancorporation 1,844 38,088
 
    12,859,617
Consumer Finance - 0.4%    
Allied Group, Ltd. 2,000 5,107
American Express Company 4,400 250,184
Capital One Financial Corp. 3,388 193,150
Cash America International, Inc. (L) 300 11,571
Compartamos SAB de CV 12,100 14,166
CompuCredit Holdings Corp. (I) 376 1,399
Credit Acceptance Corp. (I) 239 20,437
Credit Saison Company, Ltd. 800 19,331
DFC Global Corp. (I)(L) 600 10,290
Discover Financial Services 3,500 139,055
Ezcorp, Inc., Class A (I) 500 11,465
First Cash Financial Services, Inc. (I) 300 13,803
International Personal Finance PLC 1,077 5,224
Mahindra & Mahindra Financial Services, Ltd. 237 4,032
Nelnet, Inc., Class A 400 9,496
Provident Financial PLC 814 18,075
Samsung Card Company, Ltd. 400 14,375
Shriram Transport Finance Company, Ltd. 782 9,180
SLM Corp. 4,900 77,028
The First Marblehead Corp. (I) 450 473
World Acceptance Corp. (I) 150 10,118
 
    837,959
Diversified Financial Services - 1.6%    
Ackermans & Van Haaren NV 186 14,987
AET&D Holdings No 1, Ltd. (I) 2 0
African Bank Investments, Ltd. 4,735 18,816
AMMB Holdings BHD 7,200 14,986
ASX, Ltd. 754 23,078
Ayala Corp. 500 5,097
Bank of America Corp. 88,412 780,678
BM&F Bovespa SA 10,781 65,146
Bolsa Mexicana de Valores SAB de CV (I) 700 1,449
Bolsas y Mercados Espanoles SA 488 10,293
Bure Equity AB 284 1,020
Bursa Malaysia BHD 3,900 7,840
CBOE Holdings, Inc. 500 14,710
Citigroup, Inc. 18,901 618,441
CME Group, Inc. 1,500 85,950
CRISIL, Ltd. 190 3,458
CSI Properties, Ltd 103,682 4,338
Deutsche Boerse AG 686 37,991
FirstRand, Ltd. 14,359 48,145
Fubon Financial Holding Company, Ltd. 19,209 20,682
Grenkeleasing AG 155 9,973
Hong Kong Exchanges & Clearing, Ltd. 2,700 40,603
IBJ Leasing Company, Ltd. 200 4,974
IDFC, Ltd. 5,962 17,380
IG Group Holdings PLC 2,931 21,136
ING Groep NV (I) 13,262 105,426

 

Disciplined Diversification Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Diversified Financial Services (continued)    
Inmuebles Carso SAB de CV, Class B1 (I) 5,300 $ 4,241
Interactive Brokers Group, Inc., Class A 400 5,608
IntercontinentalExchange, Inc. (I) 600 80,046
JPMorgan Chase & Company 31,063 1,257,430
JSE, Ltd. 919 7,593
Kardan Yazamut, Ltd. (I) 65 6
Kotak Mahindra Bank, Ltd. 1,923 23,625
Leucadia National Corp. 2,215 50,391
London Stock Exchange Group PLC 1,258 19,187
MarketAxess Holdings, Inc. 300 9,480
Meritz Finance Holdings Company (I) 303 858
Moody’s Corp. 1,100 48,587
MSCI, Inc. (I) 1,226 43,879
Mulpha International BHD (I) 40,100 5,179
Mvelaphanda Group, Ltd. (I) 10,184 2,571
NewStar Financial, Inc. (I) 350 4,197
NYSE Euronext 2,100 51,765
Onex Corp. 500 19,734
PHH Corp. (I)(L) 900 18,315
PICO Holdings, Inc. (I) 150 3,423
Pohjola Bank OYJ 1,228 16,206
Power Finance Corp. Ltd. 2,196 7,847
PSG Group, Ltd. 1,178 9,560
Reliance Capital, Ltd. 1,234 10,050
Resource America, Inc., Class A 565 3,865
Rural Electrification Corp. Ltd. 3,171 13,060
Singapore Exchange, Ltd. 3,000 17,060
SNS REAAL NV (I)(L) 1,920 2,871
Sprott Resource Lending Corp. 1,200 1,697
The NASDAQ OMX Group, Inc. 1,600 37,272
TMX Group Ltd. (I) 41 2,097
Washington H Soul Pattinson    
& Company, Ltd. 518 7,096
 
    3,761,393
Insurance - 2.8%    
ACE, Ltd. 2,002 151,351
Admiral Group PLC 1,105 18,839
Aegon NV 11,074 57,845
Aflac, Inc. 2,900 138,852
Ageas 1,449 34,816
Alleghany Corp. (I) 104 35,874
Allianz SE 1,823 217,067
Allied World Assurance Company    
Holdings AG 400 30,900
Alterra Capital Holdings, Ltd. 600 14,364
American Equity Investment Life    
Holding Company (L) 1,100 12,793
American Financial Group, Inc. 700 26,530
American International Group, Inc. (I) 1,100 36,069
American National Insurance Company 100 7,183
American Safety Insurance Holdings, Ltd. (I) 200 3,738
AMERISAFE, Inc. (I) 200 5,428
Amlin PLC 5,558 36,258
AMP, Ltd. 10,955 49,000
Amtrust Financial Services, Inc. (L) 550 14,091
Aon PLC 1,600 83,664
April Group SA 269 4,502
Arch Capital Group, Ltd. (I) 1,200 50,016
Argo Group International Holdings, Ltd. 500 16,195
Arthur J. Gallagher & Company 820 29,372
Aspen Insurance Holdings, Ltd. 400 12,196
Assicurazioni Generali SpA 4,317 62,252
Assurant, Inc. 800 29,840
Assured Guaranty, Ltd. 2,200 29,964

 

92

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Disciplined Diversification Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Insurance (continued)    
Aviva PLC 16,892 $ 87,287
AXA SA 6,944 103,764
Axis Capital Holdings, Ltd. 1,100 38,412
Baloise Holding AG 279 21,972
Beazley PLC 2,500 6,788
Berkshire Hathaway, Inc., Class B (I) 4,069 358,886
Brown & Brown, Inc. 1,100 28,677
Cathay Financial Holdings Company, Ltd. 22,253 23,822
Catlin Group, Ltd. 3,445 26,489
Chesnara PLC 1,469 4,590
China Life Insurance Company, Ltd., ADR 1,768 76,678
China Pacific Insurance Group Company, Ltd.,    
H Shares 8,174 24,597
China Taiping Insurance    
Holdings Company, Ltd. (I) 7,000 10,905
Cincinnati Financial Corp. 1,400 53,046
Citizens, Inc. (I) 100 1,049
Clal Insurance Enterprise Holdings, Ltd. 217 2,384
CNO Financial Group, Inc. 4,000 38,600
CNP Assurances 638 8,346
Delta Lloyd NV 234 3,584
Discovery Holdings, Ltd. 3,521 23,497
Donegal Group, Inc., Class A 304 4,268
Dongbu Insurance Company, Ltd. 320 13,928
eHealth, Inc. (I) 200 3,754
EMC Insurance Group, Inc. 260 5,460
Employers Holdings, Inc. 600 10,998
Endurance Specialty Holdings, Ltd. 500 19,250
Enstar Group, Ltd. (I) 200 19,930
Erie Indemnity Company, Class A 400 25,708
Everest Re Group, Ltd. 400 42,784
Fairfax Financial Holdings, Ltd. 100 38,626
FBD Holdings PLC 77 977
FBL Financial Group, Inc., Class A 150 4,980
Fidelity National Financial, Inc., Class A 2,134 45,646
First American Financial Corp. 1,400 30,338
Flagstone Reinsurance Holdings SA 1,100 9,449
Fondiaria-SAI SpA (I)(L) 1,772 2,429
Genworth Financial, Inc., Class A (I) 5,500 28,765
Global Indemnity PLC (I) 450 9,846
Great-West Lifeco, Inc. (L) 1,000 22,744
Greenlight Capital Re, Ltd., Class A (I) 200 4,950
Grupo Catalana Occidente SA 291 4,765
Hallmark Financial Services, Inc. (I) 500 4,070
Hannover Rueckversicherung AG 349 22,328
Hartford Financial Services Group, Inc. 3,772 73,328
HCC Insurance Holdings, Inc. 900 30,501
Helvetia Patria Holding AG 45 15,720
Hilltop Holdings, Inc. (I) 1,200 15,252
Hiscox, Ltd. 3,171 24,936
Horace Mann Educators Corp. 800 14,488
Hyundai Marine & Fire    
Insurance Company, Ltd. 450 13,969
Independence Holding Company 130 1,309
Industrial Alliance Insurance and    
Financial Services, Inc. 600 17,113
Insurance Australia Group, Ltd. 10,887 49,177
Intact Financial Corp. 643 39,112
Jardine Lloyd Thompson Group PLC 1,171 14,488
Kemper Corp. 500 15,355
Korea Life Insurance Company, Ltd. 1,640 11,353
Lancashire Holdings, Ltd. 97 1,292
Legal & General Group PLC 43,877 93,759
Liberty Holdings, Ltd. 983 11,728
LIG Insurance Company, Ltd. 440 10,270

 

Disciplined Diversification Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Insurance (continued)    
Lincoln National Corp. (L) 2,800 $ 67,732
Loews Corp. 1,907 78,683
LPI Capital BHD 400 1,740
Maiden Holdings, Ltd. 1,300 11,557
Mapfre SA 4,256 11,655
Markel Corp. (I) 100 45,849
Marsh & McLennan Companies, Inc. 2,200 74,646
MBIA, Inc. (I) 2,700 27,351
Meadowbrook Insurance Group, Inc. 1,100 8,459
Mediolanum SpA 1,091 4,709
Menorah Mivtachim Holdings, Ltd. (I) 45 295
Mercury General Corp. 300 11,595
Meritz Fire & Marine    
Insurance Company, Ltd. 726 8,234
MetLife, Inc. 7,000 241,220
Milano Assicurazioni SpA (I) 1,886 822
MMI Holdings, Ltd. (L) 1,282 3,265
MS&AD Insurance Group Holdings (L) 2,882 49,538
Muenchener Rueckversicherungs AG 597 93,284
National Financial Partners Corp. (I)(L) 300 5,070
National Interstate Corp. 200 5,160
NIB Holdings, Ltd. 7,722 13,601
NKSJ Holdings, Inc. 1,175 22,986
Novae Group PLC 791 4,726
Old Mutual PLC 36,080 99,323
Old Republic International Corp. 1,830 17,019
OneBeacon Insurance Group, Ltd., Class A (L) 300 4,032
PartnerRe, Ltd. 600 44,568
PICC Property & Casualty Company, Ltd.,    
H Shares 10,000 12,227
Ping An Insurance Group Company, H Shares 4,500 33,884
Platinum Underwriters Holdings, Ltd. (L) 500 20,435
Powszechny Zaklad Ubezpieczen SA 95 10,690
Presidential Life Corp. 300 4,179
Primerica, Inc. 900 25,776
Principal Financial Group, Inc. 2,900 78,126
ProAssurance Corp. 300 27,132
Protective Life Corp. 900 23,589
Prudential Financial, Inc. 3,000 163,530
Prudential PLC (L) 5,195 135,070
QBE Insurance Group, Ltd. 4,154 55,608
Reinsurance Group of America, Inc. 700 40,509
RenaissanceRe Holdings, Ltd. 400 30,816
Resolution, Ltd. 9,508 33,388
RLI Corp. 200 13,332
RSA Insurance Group PLC 22,134 39,564
Safety Insurance Group, Inc. 200 9,176
Sampo OYJ 2,125 66,284
Samsung Fire & Marine    
Insurance Company, Ltd. 185 39,685
Samsung Life Insurance Company, Ltd. 142 12,235
Sanlam, Ltd. (South African Exchange) 9,196 41,532
Santam, Ltd. 394 8,979
Schweizerische National-Versicherungs-    
Gesellschaft AG 182 7,211
SCOR SE 962 24,785
SeaBright Holdings, Inc. 200 2,200
Selective Insurance Group, Inc. 800 15,192
Shin Kong Financial    
Holding Company, Ltd. (I) 42,512 11,795
Societa’ Cattolica di Assicurazioni SCRL (I) 140 2,175
St James’s Place PLC 1,876 11,133
StanCorp Financial Group, Inc. (L) 800 24,992
Standard Life PLC 15,556 68,730
State Auto Financial Corp. 900 14,751

 

93

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Disciplined Diversification Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Insurance (continued)    
Stewart Information Services Corp. (L) 200 $ 4,028
Storebrand ASA (I) 2,971 13,711
Sul America SA 1,729 12,793
Sun Life Financial, Inc. (Toronto    
Stock Exchange) (L) 2,263 52,529
Suncorp Group, Ltd. 7,423 71,112
Swiss Life Holding (I) 221 26,384
Swiss Re, Ltd. (I) 1,712 110,163
T&D Holdings, Inc. 3,000 32,454
The Allstate Corp. 3,900 154,479
The Chubb Corp. 1,700 129,676
The Dai-ichi Life Insurance Company, Ltd. 29 32,886
The Hanover Insurance Group, Inc. 500 18,630
The Navigators Group, Inc. (I) 205 10,091
The Progressive Corp. 3,094 64,170
The Travelers Companies, Inc. 2,400 163,824
Tokio Marine Holdings, Inc. 3,000 76,579
Topdanmark A/S (I) 73 14,306
Torchmark Corp. 1,000 51,350
Tryg A/S 177 11,504
Unipol Gruppo Finanziario SpA (I) 1,848 4,490
Uniqa Versicherungen AG (I) 453 5,265
United Fire Group, Inc. 500 12,560
Universal Insurance Holdings, Inc. 800 3,080
Unum Group 2,220 42,668
Validus Holdings, Ltd. 772 26,179
Vienna Insurance Group AG 255 10,834
W.R. Berkley Corp. 1,100 41,239
Willis Group Holdings PLC 1,400 51,688
XL Group PLC 2,803 67,356
Zurich Insurance Group AG (I) 678 168,816
 
    6,532,188
Real Estate Management & Development - 0.8%    
AFI Development PLC (I) 5,263 2,237
Africa Israel Investments, Ltd. (I) 911 1,635
Agile Property Holdings, Ltd. 8,000 9,012
Alexander & Baldwin, Inc. (I) 400 11,812
Allreal Holding AG (I) 57 8,366
Altisource Portfolio Solutions SA (I) 600 51,750
Asia Standard International Group 20,000 3,448
Associated International Hotels, Ltd. 2,000 4,643
Atrium European Real Estate, Ltd. 1,193 6,243
Atrium Ljungberg AB, Class B 157 2,020
AV Homes, Inc. (I) 100 1,484
Ayala Land, Inc. 24,800 14,156
Bakrieland Development Tbk PT (I) 550,000 3,084
Bandar Raya Developments BHD 9,200 8,693
BR Malls Participacoes SA 2,600 36,103
Brasil Brokers Participacoes SA 2,200 7,748
Brookfield Asset Management, Inc. (L) 1,300 44,880
Brookfield Office Properties, Inc. 700 11,635
Bukit Sembawang Estates, Ltd. 2,000 8,596
Bumi Serpong Damai PT 40,000 4,689
Bund Center Investment, Ltd. (I) 9,000 1,359
CA Immobilien Anlagen AG (I) 23 253
Capital & Counties Properties PLC 408 1,437
Capital & Regional PLC (I) 1,359 583
CapitaLand, Ltd. 15,000 38,706
CapitaMalls Asia, Ltd. 8,000 10,724
Castellum AB 536 7,260
CBRE Group, Inc., Class A (I) 2,500 46,025
Central Pattana PCL 8,400 16,374
Cheung Kong Holdings, Ltd. 7,000 102,199
China Overseas Land & Investment, Ltd. 18,960 48,186

 

Disciplined Diversification Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Real Estate Management & Development (continued)  
China Resources Land, Ltd. 12,000 $ 26,309
Chong Hong Construction Company 2,141 5,280
City Developments, Ltd. 4,000 38,140
Consolidated-Tomoka Land Company 67 2,204
Country Garden Holdings Company (I) 33,571 13,057
Daikyo, Inc. 1,000 2,505
Daito Trust Construction Company, Ltd. 300 30,169
Daiwa House Industry Company, Ltd. 2,000 29,019
Deutsche Wohnen AG 1,346 23,665
Development Securities PLC 1,830 4,975
DLF, Ltd. 2,243 9,894
Evergrande Real Estate Group, Ltd. 25,000 9,868
Fabege AB 1,258 11,981
Far East Consortium International, Ltd. 13,000 2,964
First Capital Realty, Inc. 173 3,307
FirstService Corp. (I) 200 5,686
Forest City Enterprises, Inc., Class A (I)(L) 1,400 22,190
Forestar Group, Inc. (I)(L) 400 6,664
Franshion Properties China, Ltd. 40,000 12,175
GAGFAH SA (I) 1,288 13,129
Glorious Property Holdings, Ltd. (I) 45,000 7,112
Goldcrest Company, Ltd. 170 2,616
Granite Real Estate, Inc. 11 394
Greentown China Holdings, Ltd. (I) 11,500 12,391
Growthpoint Properties, Ltd. 10,399 31,088
Hang Lung Group, Ltd. 6,000 37,938
Hang Lung Properties, Ltd. 9,000 30,731
Heiwa Real Estate Company, Ltd. 700 8,056
Helical Bar PLC 514 1,560
Henderson Land Development Company, Ltd. 6,036 43,096
Highwealth Construction Corp. (I) 5,000 8,373
Hopson Development Holdings, Ltd. (I) 6,000 4,418
Housing Development    
& Infrastructure, Ltd. (I) 1,200 2,201
Huaku Development Company, Ltd. 3,338 8,024
Hufvudstaden AB, Class A 503 6,243
Hulic Company, Ltd. (I) 1,800 10,874
Hung Poo Real Estate Development Corp. 5,499 5,494
Hysan Development Company, Ltd. 3,000 13,601
Iguatemi Empresa de Shopping Centers SA 178 4,549
Iida Home Max 400 3,714
Indiabulls Real Estate, Ltd. 4,034 4,399
IVG Immobilien AG (I) 1,471 3,362
JHSF Participacoes SA 2,000 7,498
Jones Lang LaSalle, Inc. 500 38,175
K Wah International Holdings, Ltd. 17,000 8,063
Kenedix, Inc. (I) 48 5,584
Kennedy-Wilson Holdings, Inc. (L) 800 11,176
Kerry Properties, Ltd. 3,000 15,140
KLCC Property Holdings BHD 7,300 13,869
Kungsleden AB 1,328 7,511
Kuoyang Construction Company, Ltd. 13,000 6,805
KWG Property Holding, Ltd. 14,500 7,997
Land and Houses PCL, NVDR 33,200 9,711
Lend Lease Corp. 3,480 28,226
Leopalace21 Corp. (I)(L) 1,200 3,611
Lippo Karawaci Tbk PT 62,500 6,460
Longfor Properties Company, Ltd. 5,053 7,793
LPS Brasil Consultoria de Imoveis SA 500 9,000
Midland Holdings, Ltd. 10,000 5,925
Mingfa Group International Company, Ltd. 16,000 4,495
Mitsubishi Estate Company, Ltd. 4,000 76,525
Mitsui Fudosan Company, Ltd. 4,000 80,046
Mobimo Holding AG (I) 62 14,224
Multiplan Empreendimentos Imobiliarios SA 279 8,215

 

94

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Disciplined Diversification Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Real Estate Management & Development (continued)  
New World Development Company, Ltd. 18,036 $ 27,765
Parque Arauco SA 801 1,650
Peet, Ltd. (I) 3,526 2,674
Poly Property Group Company, Ltd. (I) 11,000 5,865
Prelios SpA (I) 2,380 296
Preuksa Real Estate PCL 8,900 5,205
PSP Swiss Property AG (I) 76 6,910
Quintain Estates & Development PLC (I) 3,488 2,978
Radium Life Tech Company, Ltd. 2,626 1,815
Renhe Commercial    
Holdings Company, Ltd. (I) 56,000 2,262
Resilient Property Income Fund, Ltd. 206 1,188
Ruentex Development Company, Ltd. 1,390 2,622
Savills PLC 2,183 14,056
Sentul City Tbk PT (I) 105,000 2,290
Servcorp, Ltd. 1,145 3,679
Shenzhen Investment, Ltd. 44,000 10,183
Shui On Land, Ltd. 12,847 4,835
Sinarmas Land, Ltd. 9,000 2,195
Sino Land Company, Ltd. 20,474 38,071
Sino-Ocean Land Holdings, Ltd. 31,596 17,853
Sinolink Worldwide Holdings, Ltd. (I) 58,000 4,546
SM Development Corp. 8,910 1,301
SM Prime Holdings, Ltd. 23,500 7,977
Sobha Developers, Ltd. 1,142 7,742
Soho China, Ltd. 15,000 9,212
St. Modwen Properties PLC 1,033 3,323
Sumitomo Realty &    
Development Company, Ltd. 1,000 26,529
Summarecon Agung Tbk PT 24,500 4,297
Sun Hung Kai Properties, Ltd. 6,202 90,801
Tag Immobilien AG 734 7,823
Technopolis PLC 1,351 5,833
Tejon Ranch Company (I) 338 10,154
The Howard Hughes Corp. (I) 105 7,460
The St. Joe Company (I)(L) 1,000 19,500
Tian An China Investment, Ltd. 12,000 6,843
Tokyo Rakutenchi Company, Ltd. 1,000 3,748
Tokyo Tatemono Company, Ltd. (I) 3,000 11,713
Tokyu Land Corp. 3,000 16,055
UEM Land Holdings BHD (I) 2,800 1,534
Unite Group PLC (I) 371 1,581
Unitech, Ltd. (I) 9,169 4,213
United Industrial Corp, Ltd. 5,000 11,719
Vukile Property Fund, Ltd. 2,185 4,723
Wharf Holdings, Ltd. 7,000 48,102
Wheelock and Company, Ltd. 5,000 21,462
Wihlborgs Fastigheter AB 722 10,780
Wing Tai Holdings, Ltd. 2,175 3,031
Yanlord Land Group, Ltd. (I) 7,000 6,786
Yuexiu Property Company, Ltd. 62,949 15,846
 
    1,943,830
Thrifts & Mortgage Finance - 0.2%    
Astoria Financial Corp. 500 4,940
Bank Mutual Corp. 1,200 5,460
BankFinancial Corp. 300 2,637
Beneficial Mutual Bancorp, Inc. (I) 323 3,088
Berkshire Hill Bancorp, Inc. (L) 256 5,857
BofI Holding, Inc. (I) 300 7,815
Brookline Bancorp, Inc. 900 7,938
Capitol Federal Financial, Inc. 1,137 13,599
Clifton Savings Bancorp, Inc. 500 5,500
Dime Community Bancshares, Inc. 400 5,776
ESSA Bancorp, Inc. 200 2,078

 

Disciplined Diversification Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Thrifts & Mortgage Finance (continued)    
Federal Agricultural Mortgage Corp., Class C 300 $ 7,722
First Financial Holdings, Inc. 100 1,299
First Financial Northwest, Inc. (I) 500 4,025
Flushing Financial Corp. 655 10,349
Home Federal Bancorp, Inc. 200 2,264
Hudson City Bancorp, Inc. 5,200 41,392
Kearny Financial Corp. (I) 500 4,870
LIC Housing Finance, Ltd. 3,411 18,242
Meridian Interstate Bancorp, Inc. (I) 400 6,600
MGIC Investment Corp. (I) 1,700 2,601
New York Community Bancorp, Inc. (L) 4,152 58,792
Northfield Bancorp, Inc. (I)(L) 300 4,806
Northwest Bancshares, Inc. 1,225 14,982
OceanFirst Financial Corp. 200 2,934
Ocwen Financial Corp. (I) 1,300 35,633
Oritani Financial Corp. 735 11,062
People’s United Financial, Inc. 3,363 40,827
Provident Financial Services, Inc. 400 6,316
Provident New York Bancorp 800 7,528
Radian Group, Inc. (L) 2,100 9,114
Rockville Financial, Inc. 303 3,712
Roma Financial Corp. 200 1,780
Territorial Bancorp, Inc. 200 4,590
TFS Financial Corp. (I) 1,900 17,233
Tree.com, Inc. (I) 20 313
TrustCo Bank Corp. 1,600 9,152
ViewPoint Financial Group 420 8,051
Washington Federal, Inc. 1,000 16,680
Waterstone Financial, Inc. (I) 200 1,038
Westfield Financial, Inc. 400 2,996
 
    421,591
 
    29,755,057
Health Care - 6.6%    
Biotechnology - 0.7%    
Acorda Therapeutics, Inc. (I) 400 10,244
Actelion, Ltd. (I) 514 25,786
Active Biotech AB (I) 427 3,087
Affymax, Inc. (I) 500 10,530
Alexion Pharmaceuticals, Inc. (I) 800 91,520
Alkermes PLC (I) 1,000 20,750
Alnylam Pharmaceuticals, Inc. (I) 400 7,516
AMAG Pharmaceuticals, Inc. (I) 300 5,322
Amgen, Inc. 4,405 371,430
Arena Pharmaceuticals, Inc. (I)(L) 600 4,992
Ariad Pharmaceuticals, Inc. (I)(L) 2,200 53,295
Arqule, Inc. (I) 600 3,066
Basilea Pharmaceutica (I) 119 6,016
Bavarian Nordic A/S (I) 450 3,848
Biogen Idec, Inc. (I) 1,008 150,424
BioMarin Pharmaceutical, Inc. (I) 700 28,189
BioMimetic Therapeutics, Inc. (I) 600 2,466
Biotest AG 64 3,474
Cangene Corp. (I) 400 675
Celgene Corp. (I) 1,757 134,235
Cepheid, Inc. (I)(L) 451 15,564
CSL, Ltd. 1,507 71,681
Cubist Pharmaceuticals, Inc. (I) 600 28,608
Emergent Biosolutions, Inc. (I) 500 7,105
Enzon Pharmaceuticals, Inc. (I) 700 4,872
Galapagos NV (I) 188 3,951
Genmab A/S (I) 380 4,782
Genomic Health, Inc. (I)(L) 500 17,345
Genus PLC 575 14,046

 

95

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Disciplined Diversification Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Biotechnology (continued)    
Gilead Sciences, Inc. (I) 2,900 $ 192,357
Grifols SA (I) 1,108 36,634
Immunomedics, Inc. (I) 900 3,159
Incyte Corp. (I)(L) 1,300 23,465
Intercell AG (I) 488 1,149
Medivation, Inc. (I)(L) 400 22,544
Medivir AB (I) 250 2,880
Momenta Pharmaceuticals, Inc. (I) 600 8,742
Myrexis, Inc. (I) 250 608
Myriad Genetics, Inc. (I) 800 21,592
Neurocrine Biosciences, Inc. (I) 1,600 12,768
Oncolytics Biotech, Inc. (I) 900 2,124
Onyx Pharmaceuticals, Inc. (I) 400 33,800
Osiris Therapeutics, Inc. (I)(L) 500 5,525
PDL BioPharma, Inc. (L) 1,900 14,611
Progenics Pharmaceuticals, Inc. (I) 200 574
Regeneron Pharmaceuticals, Inc. (I) 700 106,862
Rigel Pharmaceuticals, Inc. (I) 800 8,200
RNL BIO Company, Ltd. (I) 920 4,285
Sangamo Biosciences, Inc. (I) 700 4,256
Seattle Genetics, Inc. (I)(L) 800 21,560
Sino Biopharmaceutical 20,000 7,284
Spectrum Pharmaceuticals, Inc. (I)(L) 1,100 12,870
Swedish Orphan Biovitrum AB (I) 35 196
Theravance, Inc. (I)(L) 191 4,949
ThromboGenics NV (I) 334 13,394
United Therapeutics Corp. (I) 300 16,764
Vertex Pharmaceuticals, Inc. (I) 1,000 55,950
Vical, Inc. (I) 900 3,888
Zeltia SA (I) 2,108 3,952
 
    1,751,761
Health Care Equipment & Supplies - 1.1%    
Abaxis, Inc. (I)(L) 200 7,184
ABIOMED, Inc. (I)(L) 200 4,198
Accuray, Inc. (I) 1,095 7,753
Alere, Inc. (I) 800 15,592
Align Technology, Inc. (I) 1,000 36,970
Analogic Corp. 200 15,634
Anika Therapeutics, Inc. (I) 500 7,510
Ansell, Ltd. 679 11,272
ArthroCare Corp. (I) 300 9,720
Baxter International, Inc. 2,300 138,598
Becton, Dickinson and Company 996 78,246
BioMerieux SA 114 10,594
Biosensors International Group, Ltd. (I) 6,000 5,943
Boston Scientific Corp. (I) 12,401 71,182
C.R. Bard, Inc. 600 62,790
Cantel Medical Corp. 300 8,124
CareFusion Corp. (I) 1,882 53,430
Cie Generale d’Optique    
Essilor International SA 776 72,768
Cochlear, Ltd. 319 22,166
Coloplast A/S 88 18,332
Conceptus, Inc. (I) 500 10,155
CONMED Corp. 200 5,700
Covidien PLC 2,571 152,769
Cutera, Inc. (I) 300 2,241
Cyberonics, Inc. (I) 200 10,484
DENTSPLY International, Inc. 1,400 53,396
DiaSorin SpA 185 6,455
Edwards Lifesciences Corp. (I) 600 64,422
Elekta AB, Series B 2,004 26,499
Exactech, Inc. (I) 100 1,783
Getinge AB, B Shares 1,295 39,122

 

Disciplined Diversification Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Health Care Equipment & Supplies (continued)    
Given Imaging, Ltd. (I) 15 $ 219
GN Store Nord A/S 2,000 30,793
Greatbatch, Inc. (I) 300 7,299
Haemonetics Corp. (I) 200 16,040
Hill-Rom Holdings, Inc. 500 14,530
Hogy Medical Company, Ltd. 100 5,367
Hologic, Inc. (I) 2,200 44,528
ICU Medical, Inc. (I)(L) 200 12,096
IDEXX Laboratories, Inc. (I) 300 29,805
Integra LifeSciences Holdings Corp. (I) 300 12,330
Intuitive Surgical, Inc. (I) 400 198,252
IRIS International, Inc. (I) 300 5,856
Jeol, Ltd. 1,000 2,241
Masimo Corp. (I) 200 4,836
Medical Action Industries, Inc. (I) 500 1,745
Medtronic, Inc. 5,744 247,681
Merit Medical Systems, Inc. (I) 375 5,599
Natus Medical, Inc. (I) 500 6,535
Neogen Corp. (I) 250 10,675
Nihon Kohden Corp. 400 13,879
Nipro Corp. 800 5,111
Nissui Pharmaceutical Company, Ltd. 300 3,055
Nobel Biocare Holding AG (I) 1,134 11,370
NuVasive, Inc. (I)(L) 500 11,455
Olympus Corp. (I) 1,000 19,463
OraSure Technologies, Inc. (I) 600 6,672
Orthofix International NV (I) 100 4,475
Palomar Medical Technologies, Inc. (I) 500 4,720
Quidel Corp. (I)(L) 400 7,572
ResMed, Inc. (L) 1,200 48,564
RTI Biologics, Inc. (I) 1,400 5,838
Sirona Dental Systems, Inc. (I) 400 22,784
Smith & Nephew PLC, ADR (L) 902 49,718
Sonova Holding AG (I) 320 32,379
Sorin SpA (I) 818 1,854
Spectranetics Corp. (I) 700 10,325
St. Jude Medical, Inc. 1,390 58,561
STERIS Corp. 544 19,296
Straumann Holding AG 53 7,060
Stryker Corp. 1,625 90,448
SurModics, Inc. (I) 200 4,044
Symmetry Medical, Inc. (I) 400 3,956
Teleflex, Inc. 400 27,536
Terumo Corp. 500 21,513
The Cooper Companies, Inc. 500 47,230
Thoratec Corp. (I) 500 17,300
Top Glove Corp. BHD 5,200 8,341
Tornier BV (I) 400 7,580
Varian Medical Systems, Inc. (I)(L) 700 42,224
West Pharmaceutical Services, Inc. 200 10,614
William Demant Holdings A/S (I) 107 9,596
Wright Medical Group, Inc. (I)(L) 600 13,266
Young Innovations, Inc. 100 3,910
Ypsomed Holding AG (I) 2 118
Zimmer Holdings, Inc. 1,800 121,878
 
    2,461,164
Health Care Providers & Services - 1.2%    
Aetna, Inc. 2,100 83,160
Air Methods Corp. (I)(L) 300 35,811
Almost Family, Inc. (I) 100 2,128
Amedisys, Inc. (I)(L) 500 6,905
AMERIGROUP Corp. (I) 500 45,715
AmerisourceBergen Corp. 1,500 58,065
Amil Participacoes SA 800 9,609

 

96

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Disciplined Diversification Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Health Care Providers & Services (continued)    
AMN Healthcare Services, Inc. (I) 400 $ 4,024
Amplifon SpA 619 2,637
Amsurg Corp. (I) 500 14,190
Apollo Hospitals Enterprise, Ltd. 1,126 15,613
Assisted Living Concepts, Inc., Class A (I)(L) 263 2,007
Assura Group, Ltd. 5,036 2,624
Bio-Reference Labs, Inc. (I) 400 11,432
BioScrip, Inc. (I) 700 6,377
Brookdale Senior Living, Inc. (I) 1,400 32,508
Capital Senior Living Corp. (I) 800 11,576
Cardinal Health, Inc. 1,865 72,679
Catamaran Corp. (I) 264 25,864
Catamaran Corp. (I) 200 19,601
Celesio AG 622 11,098
Centene Corp. (I) 512 19,154
Chemed Corp. (L) 200 13,858
Cigna Corp. 1,500 70,755
CML Healthcare, Inc. 327 2,960
Community Health Systems, Inc. (I) 1,000 29,140
Corvel Corp. (I) 200 8,950
Coventry Health Care, Inc. 1,100 45,859
DaVita, Inc. (I) 700 72,527
Diagnosticos da America SA 2,500 15,045
Emeritus Corp. (I) 200 4,188
Express Scripts Holding Company (I) 4,691 293,985
Fleury SA 200 2,392
Fresenius Medical Care AG &    
Company KGaA 445 32,663
Fresenius SE & Company KGaA 522 60,654
Galenica Holding AG 30 17,779
Gentiva Health Services, Inc. (I)(L) 400 4,528
HCA Holdings, Inc. 1,700 56,525
Health Management    
Associates, Inc., Class A (I)(L) 2,700 22,653
Health Net, Inc. (I) 600 13,506
HealthSouth Corp. (I) 600 14,436
Healthways, Inc. (I) 600 7,026
Henry Schein, Inc. (I)(L) 800 63,416
HMS Holdings Corp. (I)(L) 900 30,087
Humana, Inc. 900 63,135
IPC The Hospitalist Company, Inc. (I) 200 9,140
Kindred Healthcare, Inc. (I) 741 8,433
Korian 384 5,840
Laboratory Corp. of America Holdings (I) 600 55,482
Landauer, Inc. 100 5,972
LHC Group, Inc. (I) 200 3,694
Life Healthcare Group Holdings, Ltd. (I) 3,407 13,004
LifePoint Hospitals, Inc. (I) 500 21,390
Magellan Health Services, Inc. (I) 300 15,483
McKesson Corp. 1,200 103,236
Medcath Corp. 500 685
Medica SA 35 606
Mediclinic International, Ltd. 1,496 7,375
Medipal Holdings Corp. 800 10,989
Mediq NV 324 5,375
MEDNAX, Inc. (I) 499 37,151
Metropolitan Health Networks, Inc. (I) 66 616
Miraca Holdings, Inc. 300 13,463
Molina Healthcare, Inc. (I) 900 22,635
MWI Veterinary Supply, Inc. (I) 200 21,336
National Healthcare Corp. 100 4,774
Netcare, Ltd. 1,489 3,204
Odontoprev SA 1,800 10,078
Omnicare, Inc. 900 30,573
Oriola-KD OYJ 3,601 9,507

 

Disciplined Diversification Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Health Care Providers & Services (continued)    
Orpea SA 163 $ 6,536
Owens & Minor, Inc. (L) 350 10,458
Patterson Companies, Inc. 900 30,816
PDI, Inc. (I) 300 2,391
PharMerica Corp. (I) 600 7,596
Primary Health Care, Ltd. 5,118 19,164
PSS World Medical, Inc. (I) 300 6,834
Quest Diagnostics, Inc. (L) 1,400 88,802
Ramsay Health Care, Ltd. 719 17,873
Rhoen-Klinikum AG 1,133 22,315
Ship Healthcare Holdings, Inc. 500 15,933
Sinopharm Group Company, Ltd., H Shares 1,600 5,114
Sonic Healthcare, Ltd. 1,778 24,986
Southern Cross Healthcare, Ltd. (I) 1,847 186
Sun Healthcare Group, Inc. (I) 300 2,540
Sunrise Senior Living, Inc. (I) 300 4,281
Suzuken Company, Ltd. 400 13,270
Team Health Holdings, Inc. (I) 600 16,278
Tenet Healthcare Corp. (I) 3,200 20,064
The Ensign Group, Inc. 200 6,121
The Providence Service Corp. (I) 400 5,196
Toho Holdings Company, Ltd. 300 6,125
Triple-S Management Corp., Class B (I)(L) 400 8,360
United Drug PLC 3,962 15,016
UnitedHealth Group, Inc. 5,506 305,087
Universal American Corp. (I) 700 6,468
Universal Health Services, Inc., Class B 800 36,584
VCA Antech, Inc. (I) 900 17,757
Vital KSK Holdings, Inc. 1,200 12,118
WellCare Health Plans, Inc. (I) 400 22,620
WellPoint, Inc. 1,916 111,147
 
    2,726,921
Health Care Technology - 0.1%    
AGFA Gevaert NV (I) 387 1
AGFA Gevaert NV (European Exchange) (I) 1,552 2,593
Allscripts Healthcare Solutions, Inc. (I) 1,400 17,402
athenahealth, Inc. (I) 400 36,708
Cerner Corp. (I) 600 46,446
MedAssets, Inc. (I) 700 12,460
Medidata Solutions, Inc. (I) 300 12,450
Omnicell, Inc. (I) 600 8,340
Quality Systems, Inc. (L) 500 9,275
 
    145,675
Life Sciences Tools & Services - 0.3%    
Affymetrix, Inc. (I)(L) 1,200 5,196
Agilent Technologies, Inc. 1,500 57,675
Bachem Holding AG (I) 51 2,032
Bio-Rad Laboratories, Inc., Class A (I) 300 32,016
Bruker Corp. (I) 1,400 18,326
BTG PLC (I) 3,898 20,350
Charles River    
Laboratories International, Inc. (I) 500 19,800
Covance, Inc. (I)(L) 500 23,345
EPS Company, Ltd. 2 5,705
Evotec AG (I) 1,151 4,037
Furiex Pharmaceuticals, Inc. (I) 125 2,385
Gerresheimer AG (I) 197 10,311
Illumina, Inc. (I) 500 24,100
Life Technologies Corp. (I) 1,500 73,320
Lonza Group AG (I) 368 19,282
Luminex Corp. (I)(L) 500 9,720
Mettler-Toledo International, Inc. (I) 100 17,074
Morphosys AG (I) 113 3,489

 

97

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Disciplined Diversification Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Life Sciences Tools & Services (continued)    
Nordion, Inc. (I) 900 $ 6,051
PAREXEL International Corp. (I) 600 18,456
PerkinElmer, Inc. 1,200 35,364
QIAGEN NV (I) 1,198 22,045
Siegfried Holding AG (I) 58 7,094
Tecan Group AG (I) 62 4,506
Techne Corp. 225 16,187
Thermo Fisher Scientific, Inc. 2,411 141,839
Waters Corp. (I) 600 49,998
 
    649,703
Pharmaceuticals - 3.2%    
Abbott Laboratories 6,794 465,797
Acino Holding AG (I) 47 5,499
Acrux, Ltd. 1,766 5,828
Adcock Ingram Holdings, Ltd. 882 6,278
Alapis Holding Industrial and Commercial SA    
of Pharmaceutical (I) 234 12
Allergan, Inc. 1,100 100,738
Almirall SA (I) 494 3,854
Aspen Pharmacare Holdings, Ltd. (I) 2,184 37,546
Astellas Pharma, Inc. (L) 1,300 66,028
AstraZeneca PLC, ADR 4,672 223,602
Bayer AG 2,535 218,116
Bristol-Myers Squibb Company 7,175 242,156
China Chemical &    
Pharmaceutical Company, Ltd. 1,000 712
China Medical System Holdings, Ltd. 2,000 1,043
China Pharmaceutical Group, Ltd. (I) 14,000 3,998
China Shineway Pharmaceutical Group, Ltd. 5,000 7,175
Chugai Pharmaceutical Company, Ltd. 300 6,282
Daiichi Sankyo Company, Ltd. (L) 2,300 38,006
Dainippon Sumitomo    
Pharma Company, Ltd. (L) 1,000 10,990
Dechra Pharmaceuticals PLC 545 5,128
Depomed, Inc. (I) 1,200 7,092
Dong-A Pharmaceutical Company, Ltd. 45 4,223
Dr. Reddy’s Laboratories, Ltd., ADR 384 11,850
EGIS Pharmaceuticals PLC 22 1,747
Eisai Company, Ltd. 600 27,004
Elan Corp. PLC, ADR (I)(L) 1,912 20,497
Eli Lilly & Company 4,400 208,604
Endo Health Solutions, Inc. (I) 1,100 34,892
Faes Farma SA 488 852
Forest Laboratories, Inc. (I) 2,400 85,464
Genomma Lab Internacional SAB de CV (I) 3,800 7,354
GlaxoSmithKline Pharmaceuticals, Ltd. 235 8,821
GlaxoSmithKline PLC, ADR (L) 8,208 379,538
Glenmark Pharmaceuticals, Ltd. 334 2,672
Green Cross Holdings Corp. 480 7,066
H. Lundbeck A/S 487 9,053
Hanmi Pharm Company, Ltd. (I) 17 1,432
Hanmi Science Company, Ltd. (I) 25 108
Hi-Tech Pharmacal Company, Inc. (I)(L) 200 6,622
Hisamitsu Pharmaceutical Company, Inc. 300 16,554
Hospira, Inc. (I) 1,400 45,948
Impax Laboratories, Inc. (I) 700 18,172
Ipsen SA 190 4,636
Jazz Pharmaceuticals PLC (I) 401 22,861
Johnson & Johnson 11,335 781,095
Jubilant Life Sciences, Ltd. (I) 59 179
Kaken Pharmaceutical Company, Ltd. 1,000 14,933
Kissei Pharmaceutical Company, Ltd. 500 8,923
Kyowa Hakko Kogyo Company, Ltd. 2,000 24,158
Lannett Company, Inc. (I) 600 2,898

 

Disciplined Diversification Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Pharmaceuticals (continued)    
LG Life Sciences, Ltd. (I) 173 $ 7,334
Lupin, Ltd. 519 5,880
Meda AB 1,953 19,757
Medicis Pharmaceutical Corp., Class A 300 12,981
Merck & Company, Inc. 15,905 717,316
Merck KGaA 311 38,384
Mitsubishi Tanabe Pharma Corp. 600 9,125
Mylan, Inc. (I) 3,200 78,080
Nippon Shinyaku Company, Ltd. 1,000 12,734
Novartis AG 1,146 70,143
Novartis AG, ADR (L) 8,175 500,801
Novo Nordisk A/S, ADR 1,280 201,997
Ono Pharmaceutical Company, Ltd. 400 24,589
Orion OYJ, Series A 170 3,615
Orion OYJ, Series B 460 9,856
Otsuka Holdings Company, Ltd. 300 9,302
Pain Therapeutics, Inc. (I) 900 4,545
Par Pharmaceutical Companies, Inc. (I) 300 14,994
Perrigo Company (L) 400 46,468
Pfizer, Inc. 37,424 929,986
Pharmaxis, Ltd. (I) 8,412 10,006
Piramal Enterprises, Ltd. 482 4,218
Questcor Pharmaceuticals, Inc. (I)(L) 900 16,650
Ranbaxy Laboratories, Ltd. (I) 764 7,657
Recordati SpA 1,275 9,073
Richter Gedeon Nyrt 89 15,572
Roche Holdings AG 2,022 377,721
Roche Holdings AG (SIX Swiss Exchange) 72 13,787
Rohto Pharmaceutical Company, Ltd. 1,000 15,105
Salix Pharmaceuticals, Ltd. (I) 700 29,638
Sanofi, ADR (L) 8,388 361,187
Santarus, Inc. (I) 1,300 11,544
Santen Pharmaceutical Company, Ltd. 400 18,369
Sawai Pharmaceutical Company, Ltd. 200 23,220
Seikagaku Corp. 100 1,153
Shionogi & Company, Ltd. 1,500 22,843
Shire PLC, ADR 715 63,421
Sihuan Pharmaceutical Holdings Group, Ltd. 4,000 1,451
Stada Arzneimittel AG 532 15,503
Strides Arcolab, Ltd. 487 8,229
Sun Pharmaceutical Industries, Ltd. 1,755 23,185
Takeda Pharmaceutical Company, Ltd. 2,300 105,884
Teva Pharmaceutical Industries, Ltd., ADR 3,326 137,730
The Medicines Company (I) 400 10,324
Tsumura & Company, Ltd. 400 12,527
UCB SA 475 26,140
United Laboratories    
International Holdings, Ltd. (I) 7,500 3,577
Valeant Pharmaceuticals International, Inc.    
(Toronto Exchange) (I) 846 46,758
Vectura Group PLC (I) 4,498 6,284
ViroPharma, Inc. (I)(L) 986 29,797
Vivus, Inc. (I)(L) 720 12,830
Warner Chilcott PLC, Class A 1,500 20,250
Watson Pharmaceuticals, Inc. (I) 1,300 110,708
Wockhardt, Ltd. (I) 291 7,078
Yuhan Corp. 106 14,584
 
    7,525,926
 
    15,261,150
Industrials - 9.0%    
Aerospace & Defense - 1.0%    
AAR Corp. 700 11,494
Aerovironment, Inc. (I) 300 7,041

 

98

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Disciplined Diversification Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Aerospace & Defense (continued)    
Alliant Techsystems, Inc. 400 $ 20,044
American Science & Engineering, Inc. 100 6,561
AviChina Industry & Technology    
Company, Ltd., H Shares 8,000 3,031
B/E Aerospace, Inc. (I) 820 34,522
BAE Systems PLC 16,678 87,799
Bombardier, Inc. 4,300 16,140
CAE, Inc. 1,009 10,807
Ceradyne, Inc. 400 9,772
Chemring Group PLC 1,365 7,172
Cobham PLC 7,963 28,572
Cubic Corp. (L) 300 15,018
Curtiss-Wright Corp. 600 19,620
DigitalGlobe, Inc. (I)(L) 500 10,195
Ducommun, Inc. (I) 100 1,360
Elbit Systems, Ltd. 100 3,404
Embraer SA, ADR 850 22,627
Engility Holdings, Inc. (I) 183 3,376
Esterline Technologies Corp. (I) 200 11,228
European Aeronautic Defence &    
Space Company NV (L) 2,088 66,381
Exelis, Inc. 1,113 11,508
Finmeccanica SpA (I)(L) 3,480 16,588
GenCorp, Inc. (I)(L) 500 4,745
General Dynamics Corp. 1,565 103,478
GeoEye, Inc. (I) 400 10,572
HEICO Corp. 125 4,836
HEICO Corp., Class A 250 7,628
Hexcel Corp. (I) 1,000 24,020
Honeywell International, Inc. 2,898 173,156
Huntington Ingalls Industries, Inc. (I) 466 19,595
L-3 Communications Holdings, Inc. 1,100 78,881
LMI Aerospace, Inc. (I) 200 4,088
Lockheed Martin Corp. 1,100 102,718
Meggitt PLC 5,021 32,107
MTU Aero Engines Holding AG 206 16,467
National Presto Industries, Inc. 100 7,288
Northrop Grumman Corp. 1,200 79,716
Orbital Sciences Corp. (I) 900 13,104
Precision Castparts Corp. 633 103,394
QinetiQ PLC 11,015 33,743
Raytheon Company 2,100 120,036
Rockwell Collins, Inc. (L) 865 46,399
Rolls-Royce Holdings PLC (I) 13,341 182,069
Saab AB 662 12,719
Safran SA 698 25,160
Singapore Technologies Engineering, Ltd. 6,000 17,279
Spirit Aerosystems Holdings, Inc., Class A (I) 1,200 26,652
Taser International, Inc. (I) 400 2,412
Teledyne Technologies, Inc. (I) 300 19,017
Textron, Inc. (L) 3,000 78,510
Thales SA 402 13,844
The Boeing Company 2,800 194,936
TransDigm Group, Inc. (I) 300 42,561
Triumph Group, Inc. 400 25,012
Ultra Electronics Holdings PLC 436 10,873
United Technologies Corp. 4,000 313,160
Zodiac Aerospace 501 48,872
 
    2,423,307
Air Freight & Logistics - 0.3%    
Air Transport Services Group, Inc. (I) 1,300 5,720
Atlas Air Worldwide Holdings, Inc. (I) 400 20,652
C.H. Robinson Worldwide, Inc. 763 44,674
Deutsche Post AG 2,841 55,543

 

Disciplined Diversification Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Air Freight & Logistics (continued)    
Expeditors International of Washington, Inc. 1,400 $ 50,904
FedEx Corp. 1,430 121,007
Freightways, Ltd. 3,835 13,305
Hanjin Transportation Company, Ltd. 140 2,569
Hub Group, Inc., Class A (I) 300 8,904
Hyundai Glovis Company, Ltd. 48 10,456
Kerry TJ Logistics Company, Ltd. 4,000 5,682
Kintetsu World Express, Inc. 100 3,199
Pacer International, Inc. (I) 200 796
Panalpina Welttransport Holding AG (I) 103 9,853
Park-Ohio Holdings Corp. (I) 300 6,501
PostNL NV (I) 1,973 6,891
Shenzhen International Holdings, Ltd. 45,000 3,069
Shibusawa Warehouse Company, Ltd. 1,000 2,907
Sinotrans, Ltd., H Shares (I) 11,000 1,431
TNT Express NV 1,760 18,391
Toll Holdings, Ltd. 3,609 16,503
United Parcel Service, Inc., Class B 2,777 198,750
UTi Worldwide, Inc. 1,000 13,470
Wincanton PLC (I) 620 561
Yamato Transport Company, Ltd. (L) 2,400 37,996
 
    659,734
Airlines - 0.2%    
Air China, Ltd., H Shares 4,000 2,514
Air France KLM (I)(L) 1,136 7,389
Alaska Air Group, Inc. (I) 700 24,542
All Nippon Airways Company, Ltd. (L) 3,000 6,303
Asiana Airlines, Inc. (I) 1,080 6,722
Cathay Pacific Airways, Ltd. (I) 8,000 12,985
China Airlines, Ltd. (I) 24,511 10,241
China Eastern Airlines Corp., Ltd.,    
H Shares (I) 6,000 1,831
China Southern Airlines Company, Ltd.,    
H Shares 10,000 4,389
Delta Air Lines, Inc. (I) 5,500 50,380
Deutsche Lufthansa AG 1,546 20,999
easyJet PLC 2,043 19,188
Eva Airways Corp. (I) 13,112 7,678
Gol Linhas Aereas    
Inteligentes SA, ADR (I)(L) 900 5,166
Hawaiian Holdings, Inc. (I)(L) 1,000 5,590
International Consolidated    
Airlines Group SA (I) 7,304 17,605
JetBlue Airways Corp. (I)(L) 3,231 15,476
Korean Air Lines Company, Ltd. (I) 130 5,546
Latam Airlines Group SA (I) 1,170 29,145
Latam Airlines Group SA, ADR (L) 200 5,056
Malaysian Airline System BHD (I) 8,000 2,639
Norwegian Air Shuttle ASA (I) 300 5,618
Qantas Airways, Ltd. (I) 5,035 6,343
Singapore Airlines, Ltd. 3,000 26,214
SkyWest, Inc. 100 1,033
Southwest Airlines Company (L) 6,509 57,084
Thai Airways International PCL (I) 6,600 4,653
Turk Hava Yollari (I) 3,051 6,392
United Continental Holdings, Inc. (I)(L) 3,094 60,333
US Airways Group, Inc. (I)(L) 1,010 10,565
Virgin Australia Holdings, Ltd. (I) 16,061 83
Virgin Australia Holdings, Ltd.    
(Australian Exchange) (I) 16,061 6,725
 
    446,427
Auto Components - 0.0%    
Rieter Holding AG (I) 46 7,845

 

99

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Disciplined Diversification Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Auto Components (continued)    
Semperit AG Holding 67 $ 2,619
Westport Innovations, Inc. (I) 500 13,956
 
    24,420
Building Products - 0.3%    
AAON, Inc. 450 8,861
AFG Arbonia-Forster Holding AG (I) 54 1,008
American Woodmark Corp. (I) 100 1,997
AO Smith Corp. 450 25,893
Apogee Enterprises, Inc. 400 7,848
Armstrong World Industries, Inc. (L) 500 23,185
Asahi Glass Company, Ltd. 5,000 33,286
Assa Abloy AB, Series B 2,028 65,822
Belimo Holding AG 4 7,073
Builders FirstSource, Inc. (I)(L) 300 1,557
Bunka Shutter Company, Ltd. 2,000 9,017
Cie de Saint-Gobain 1,580 55,695
Daikin Industries, Ltd. 600 15,542
Fortune Brands Home & Security, Inc. (I) 2,100 56,721
Geberit AG (I) 153 33,334
Gibraltar Industries, Inc. (I) 200 2,564
Griffon Corp. 653 6,726
GWA International, Ltd. 1,367 2,578
Hills Industries, Ltd. 1,154 1,370
Insteel Industries, Inc. 280 3,284
Lennox International, Inc. 400 19,344
LG Hausys, Ltd. 28 2,043
Lindab International AB 600 4,668
LIXIL Group Corp. 1,600 38,159
Masco Corp. 3,500 52,675
Nibe Industrier AB 654 10,785
Nippon Sheet Glass Company, Ltd. (I) 11,000 7,628
Nitto Boseki Company, Ltd. 2,000 6,716
Owens Corning, Inc. (I) 1,020 34,129
Quanex Building Products Corp. 500 9,420
Rockwool International A/S 100 9,513
Sankyo-Tateyama Holdings, Inc. 2,000 3,518
Sanwa Shutter Corp. 2,000 7,807
Simpson Manufacturing Company, Inc. 400 11,448
Sintex Industries, Ltd. 1,509 1,909
Systemair AB 211 2,730
Takara Standard Company, Ltd. 1,000 7,873
Takasago Thermal Engineering Company, Ltd. 1,000 8,096
TOTO, Ltd. 2,000 14,702
Trex Company, Inc. (I) 300 10,236
Universal Forest Products, Inc. (L) 300 12,462
USG Corp. (I)(L) 1,400 30,730
Wienerberger AG (L) 1,142 8,869
Zehnder Group AG (I) 185 10,989
 
    689,810
Commercial Services & Supplies - 0.7%    
3M India, Ltd. (I) 25 1,914
ABM Industries, Inc. 600 11,358
ACCO Brands Corp. (I) 1,612 10,462
Aggreko PLC 1,315 49,245
American Reprographics Company (I) 800 3,416
Asset Acceptance Capital Corp. (I) 200 1,492
Avery Dennison Corp. (L) 800 25,456
Babcock International Group PLC 1,783 26,735
Berendsen PLC 1,296 11,426
Blue Label Telecoms, Ltd. 3,672 2,835
Brambles, Ltd. 5,274 38,260
Cabcharge Australia, Ltd. 479 2,696
Casella Waste Systems, Inc., Class A (I) 200 856

 

Disciplined Diversification Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Commercial Services & Supplies (continued)    
China Everbright International, Ltd. 16,000 $ 8,441
Cintas Corp. 1,168 48,414
Clean Harbors, Inc. (I) 493 24,083
Consolidated Graphics, Inc. (I) 200 5,218
Copart, Inc. (I) 1,400 38,822
Corrections Corp. of America 862 28,834
Courier Corp. 200 2,444
Covanta Holding Corp. 1,384 23,749
Dai Nippon Printing Company, Ltd. 4,000 27,867
Daiseki Company, Ltd. 500 7,768
De La Rue PLC 1,136 18,602
Deluxe Corp. (L) 400 12,224
Derichebourg SA 416 1,322
Downer EDI, Ltd. (I) 1,628 5,994
Duskin Company, Ltd. 600 12,082
Edenred 625 17,593
Encore Capital Group, Inc. (I) 200 5,652
Ennis, Inc. 200 3,282
Fuel Tech, Inc. (I) 500 2,085
G&K Services, Inc., Class A 200 6,262
G4S PLC 6,767 29,085
Garda World Security Corp. (I) 200 2,427
Gategroup Holding AG (I) 136 3,335
GL Events SA 168 3,232
Gunnebo AB 1,340 5,918
Healthcare Services Group, Inc. (L) 701 16,032
Herman Miller, Inc. 400 7,776
HNI Corp. 600 15,306
Homeserve PLC 3,340 11,356
Horizon North Logistics, Inc. 240 1,946
InnerWorkings, Inc. (I) 1,000 13,020
Interface, Inc. (L) 800 10,568
Intersections, Inc. 206 2,171
Intrum Justitia AB 459 6,716
Iron Mountain, Inc. 1,107 37,760
K-Green Trust 1,400 1,168
Kimball International, Inc., Class B 200 2,444
Kokuyo Company, Ltd. 500 4,051
Koza Anadolu Metal Madencilik    
Isletmeleri AS (I) 6,160 14,926
Lassila & Tikanoja OYJ (I) 363 4,944
Loomis AB 512 7,277
McGrath RentCorp. (L) 200 5,218
Mine Safety Appliances Company (L) 400 14,908
Mitie Group PLC 2,329 10,974
Mitsubishi Pencil Company, Ltd. 200 3,769
Moshi Moshi Hotline, Inc. 400 5,791
Mvelaserve, Ltd. 2,549 2,450
Nissha Printing Company, Ltd. (I) 300 2,796
NL Industries, Inc. 400 4,596
Orell Fuessli Holding AG 16 1,693
PayPoint PLC 1,027 11,885
Pitney Bowes, Inc. (L) 1,400 19,348
Portfolio Recovery Associates, Inc. (I) 200 20,886
Programmed Maintenance Services, Ltd. 3,918 8,735
Progressive Waste Solutions, Ltd. 233 4,793
Prosegur Cia de Seguridad SA 2,400 10,989
R.R. Donnelley & Sons Company (L) 1,800 19,080
Regus PLC 6,222 10,246
Rentokil Initial PLC 15,959 21,005
Republic Services, Inc. 3,305 90,921
Ritchie Brothers Auctioneers, Inc. 700 13,465
Rollins, Inc. 950 22,221
RPS Group PLC 1,673 6,730
S1 Corp. 180 11,063

 

100

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Disciplined Diversification Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Commercial Services & Supplies (continued)    
Schawk, Inc. 500 $ 6,525
Seche Environnement SA 29 1,064
Secom Company, Ltd. (L) 500 26,064
Securitas AB, Series B 2,105 15,843
Serco Group PLC 2,550 23,935
Shanks Group PLC 2,270 3,028
Societe BIC SA 122 14,761
Sohgo Security Services Company, Ltd. 1,000 13,995
Standard Parking Corp. (I) 200 4,486
Steelcase, Inc., Class A (L) 1,200 11,820
Stericycle, Inc. (I)(L) 500 45,260
Sykes Enterprises, Inc. (I) 600 8,064
Taiwan Secom Company, Ltd. 4,000 8,779
Team, Inc. (I) 400 12,740
Tetra Tech, Inc. (I) 800 21,008
The Brink’s Company 300 7,707
The Geo Group, Inc. 620 17,155
Tomra Systems ASA 800 7,095
Toppan Forms Company, Ltd. 800 7,736
Toppan Printing Company, Ltd. 3,000 17,403
Transcontinental, Inc. 500 4,247
Transfield Services, Ltd. 6,866 12,399
Transpacific Industries Group, Ltd. (I) 6,167 5,645
Tyco International, Ltd. 2,529 142,282
UniFirst Corp. 200 13,358
United Stationers, Inc. (L) 400 10,408
US Ecology, Inc. 100 2,158
Valid Solucoes e Servicos de Seguranca em    
Meios de Pagamento e Identificacao SA 220 4,118
Viad Corp. 400 8,344
Waste Connections, Inc. 1,350 40,838
Waste Management, Inc. (L) 2,333 74,843
WHK Group, Ltd. 5,300 5,273
 
    1,610,290
Construction & Engineering - 0.7%    
Abengoa SA 391 6,880
ACS Actividades de Construccion    
y Servicios SA (L) 871 18,018
AECOM Technology Corp. (I) 900 19,044
Aecon Group, Inc. 1,200 14,733
Aegion Corp. (I) 700 13,412
Arcadis NV (L) 353 7,478
Astaldi SpA 400 2,602
Aveng, Ltd. 2,595 9,759
Balfour Beatty PLC 4,923 24,211
Bauer AG 199 4,378
Besalco SA 5,468 9,879
Bilfinger Berger SE 293 25,949
Bird Construction, Inc. 600 8,789
Boart Longyear, Ltd. 4,209 7,108
Bouygues SA 1,092 26,743
Cardno, Ltd. 828 6,225
Carillion PLC 3,896 17,096
China Communications Construction    
Company, Ltd., H Shares 21,787 17,537
China Railway Construction Corp.,    
H Shares (I) 13,500 12,134
China Railway Group, Ltd., H Shares 23,000 10,028
China State Construction    
International Holdings, Ltd. 1,600 1,880
Chugai Ro Company, Ltd. 1,000 2,705
Chung Hsin Electric &    
Machinery Manufacturing Corp. 1,000 541
Churchill Corp. 400 4,016

 

Disciplined Diversification Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Construction & Engineering (continued)    
Comfort Systems USA, Inc. 400 $ 4,372
COMSYS Holdings Corp. 1,200 16,738
Consolidated Infrastructure Group, Ltd. (I) 116 187
Cosco International Holdings, Ltd. 22,427 8,805
CTCI Corp. 6,000 13,591
Daelim Industrial Company, Ltd. 115 9,749
Doosan Heavy Industries and    
Construction Company, Ltd. 275 13,774
Dycom Industries, Inc. (I) 500 7,190
Eiffage SA 234 7,701
Ellaktor SA (I) 2,313 4,142
EMCOR Group, Inc. 600 17,124
Empresas ICA SAB de CV (I) 8,100 15,663
Ferrovial SA 2,357 30,743
FLSmidth & Company A/S, B Shares 389 22,330
Fluor Corp. 1,100 61,908
Fomento de Construcciones    
y Contratas SA (L) 377 4,942
Furmanite Corp. (I) 344 1,954
Galliford Try PLC 1,829 21,574
Gammon India, Ltd. 1,883 1,692
Gamuda BHD 12,700 14,289
GEK Terna Holding Real    
Estate Construction SA (I) 925 1,608
GMR Infrastructure, Ltd. (I) 11,509 5,421
Granite Construction, Inc. (L) 500 14,360
Great Lakes Dredge & Dock Corp. 800 6,160
Grontmij (I) 859 2,751
Group Five, Ltd. (I) 927 2,831
GS Engineering & Construction Corp. 209 14,296
Halla Engineering & Construction Corp. 260 2,539
Heijmans NV 103 847
Hindustan Construction Company, Ltd. (I) 4,756 1,630
HKC Holdings, Ltd. 27,770 1,074
Hochtief AG (I) 251 11,781
Hyundai Development Company 490 9,750
Hyundai Engineering &    
Construction Company, Ltd. 310 18,706
IJM Corp. BHD 6,200 9,564
Implenia AG (I) 111 4,492
Impregilo SpA 4,555 18,565
Impulsora del Desarrollo y El Empleo en    
America Latina SAB de CV (I) 13,100 21,769
Interchina Holdings Company (I) 15,000 1,279
IVRCL, Ltd. 6,650 5,855
Jacobs Engineering Group, Inc. (I) 1,300 52,559
JGC Corp. 1,000 33,360
Kajima Corp. 5,000 13,639
Kandenko Company, Ltd. 1,000 4,774
KBR, Inc. 1,500 44,730
Keller Group PLC 325 2,911
KEPCO Engineering &    
Construction Company, Inc. 50 3,260
Kier Group PLC 213 4,459
Kinden Corp. 1,000 6,301
Koninklijke BAM Groep NV 2,400 7,359
Koninklijke Boskalis Westinster NV 422 15,298
Kumho Industrial Company, Ltd. (I) 33 89
Kyowa Exeo Corp. 1,000 11,809
Lanco Infratech, Ltd. (I) 6,722 1,918
Larsen & Toubro, Ltd. 474 14,297
Layne Christensen Company (I) 400 7,844
Leighton Holdings, Ltd. 671 11,496
Macmahon Holdings, Ltd. 4,908 1,399
Maeda Road Construction Company, Ltd. 1,000 13,018

 

101

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Disciplined Diversification Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Construction & Engineering (continued)    
MasTec, Inc. (I) 1,000 $ 19,700
Metallurgical Corp. of China, Ltd.,    
H Shares (I) 3,000 599
Michael Baker Corp. (I) 100 2,386
Mirait Holdings Corp. 1,000 8,050
Monadelphous Group, Ltd. 333 6,770
Morgan Sindall PLC 210 2,257
Mota Engil SGPS SA 444 699
Murray & Roberts Holdings, Ltd. (I) 4,035 10,731
MYR Group, Inc. (I) 300 5,985
NCC, Ltd. 1,391 1,232
Nippo Corp. 1,000 11,592
Nishimatsu Construction Company, Ltd. 2,000 3,056
Northwest Pipe Company (I)(L) 200 4,930
NRW Holdings, Ltd. 518 1,092
Obayashi Corp. 4,000 18,238
Obrascon Huarte Lain SA 200 4,631
Orascom Construction Industries, GDR 393 18,294
Orion Marine Group, Inc. (I) 300 2,229
Outotec OYJ 215 10,264
Penta-Ocean Construction Company, Ltd. (L) 3,500 8,421
PER Aarsleff A/S 90 6,153
Pike Electric Corp. (I) 500 3,975
Polimex-Mostostal SA (I) 26 7
Polnord SA (I) 395 1,666
Promotora y Operadora de Infraestructura    
SAB de CV (I) 1,642 8,993
Punj Lloyd, Ltd. 1,401 1,443
Quanta Services, Inc. (I) 1,800 44,460
Raubex Group, Ltd. 1,042 1,890
Royal Imtech NV 448 11,858
Sacyr Vallehermoso SA (I) 312 674
Samsung Engineering Company, Ltd. 129 22,133
Sanki Engineering Company, Ltd. 2,000 9,350
Severfield Rowen PLC 2,280 5,253
Shikun & Binui, Ltd. 842 1,312
Shimizu Corp. 3,000 10,105
Skanska AB, Series B 2,340 37,954
SNC-Lavalin Group, Inc. 700 27,022
Sterling Construction Company, Inc. (I) 300 2,994
Strabag SE 153 3,706
Sweco AB 449 4,738
Taisei Corp. 9,000 25,824
The Shaw Group, Inc. (I) 535 23,337
Toda Corp. 3,000 9,029
Toyo Engineering Corp. 1,000 4,482
Tutor Perini Corp. (I) 700 8,008
UGL, Ltd. 1,131 12,278
United Engineers, Ltd. 2,000 4,051
URS Corp. 1,000 35,310
Veidekke ASA 501 3,951
Vianini Lavori SpA 357 1,390
Vinci SA 1,259 53,807
Wilson Bayly Holmes-Ovcon, Ltd. 416 6,888
YIT OYJ 616 11,870
Yokogawa Bridge Corp. 1,000 7,287
Yongnam Holdings, Ltd. 43,000 8,582
 
    1,518,347
Electrical Equipment - 0.6%    
ABB, Ltd. 467 7,059
ABB, Ltd. (I) 7,279 136,841
Acuity Brands, Inc. (L) 500 31,645
Alstom SA 788 27,735
AMETEK, Inc. 1,443 51,154

 

Disciplined Diversification Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Electrical Equipment (continued)    
AZZ, Inc. 400 $ 15,192
Belden, Inc. 400 14,752
Bharat Heavy Electricals, Ltd. 2,195 10,237
Brady Corp., Class A (L) 700 20,496
China High Speed Transmission Equipment    
Group Company, Ltd. (I) 5,000 1,456
Cooper Industries PLC 1,300 97,578
Crompton Greaves, Ltd. 1,545 3,699
Emerson Electric Company 3,256 157,167
Encore Wire Corp. 500 14,630
EnerSys, Inc. (I) 761 26,856
Franklin Electric Company, Inc. 200 12,098
FSP Technology, Inc. 6,079 5,932
Fujikura, Ltd. 4,000 11,913
Furukawa Electric Company, Ltd. (I) 4,000 7,515
Futaba Corp. 600 7,732
Gamesa Corporacion Tecnologica SA 1,673 3,534
Generac Holdings, Inc. 700 16,023
General Cable Corp. (I) 500 14,690
Gintech Energy Corp. (I) 5,301 5,436
GrafTech International, Ltd. (I) 1,700 15,283
Harbin Electric Company, Ltd., H Shares 6,000 4,592
Hubbell, Inc., Class B 400 32,296
Huber & Suhner AG 13 582
II-VI, Inc. (I) 250 4,755
Johnson Electric Holdings, Ltd. 11,000 7,202
Legrand SA 852 32,203
LS Cable, Ltd. 188 16,319
LS Industrial Systems Company, Ltd. 164 10,265
LSI Industries, Inc. 300 2,022
Mabuchi Motor Company, Ltd. 200 9,144
Mersen 322 9,490
Mitsubishi Electric Corp. 6,000 44,185
Neo-Neon Holdings, Ltd. (I) 10,000 2,250
Nexans SA 196 9,235
Nidec Corp. (L) 400 29,247
Nippon Carbon Company, Ltd. 1,000 1,831
Nippon Signal Company, Ltd. 800 4,920
Nitto Kogyo Corp. 100 1,543
Nordex AG (I) 111 451
Ormat Industries, Ltd. 811 3,912
Polypore International, Inc. (I)(L) 500 17,675
Powell Industries, Inc. (I) 100 3,867
Powercom Company, Ltd. (I) 5,350 2,036
Prysmian SpA 1,626 29,109
Regal-Beloit Corp. 400 28,192
Rockwell Automation, Inc. (L) 900 62,595
Roper Industries, Inc. 1,000 109,890
Saft Groupe SA 395 9,166
Schneider Electric SA 1,537 91,291
SGL Carbon SE 292 11,711
Somfy SA 32 5,403
Sumitomo Electric Industries, Ltd. (L) 3,500 36,968
SWCC Showa Holdings Company, Ltd. 6,000 4,687
Taihan Electric Wire Company, Ltd. (I) 484 714
The Babcock & Wilcox Company (I) 1,200 30,564
Toyo Tanso Company, Ltd. 200 4,771
Ushio, Inc. 700 8,408
Vacon OYJ 122 6,302
Vestas Wind Systems A/S (I)(L) 992 7,059
Vicor Corp. (I) 200 1,334
Walsin Lihwa Corp. (I) 39,000 13,567
XP Power, Ltd. 131 2,121
Zhuzhou CSR Times Electric Company, Ltd.,    
H Shares 4,000 10,220

 

102

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Disciplined Diversification Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Electrical Equipment (continued)    
Zumtobel AG 627 $ 6,782
    1,447,529
Electronic Equipment, Instruments & Components - 0.0%  
Rotork PLC 289 10,577
Industrial Conglomerates - 1.3%    
3M Company 2,900 268,018
Aditya Birla Nuvo, Ltd. 491 8,358
Alfa SAB de CV, Class A 18,000 33,506
Bakrie & Brothers Tbk PT (I) 1,496,000 7,816
Beijing Enterprises Holdings, Ltd. 4,000 26,650
Berjaya Corp. BHD 16,100 3,290
Bidvest Group, Ltd. 1,357 33,610
Carlisle Companies, Inc. 600 31,152
Chongqing Machinery & Electric    
Company, Ltd., H Shares 4,000 524
CIR-Compagnie Industriali Riunite SpA 2,773 3,143
Citic Pacific, Ltd. 6,000 7,150
CJ Corp. 119 10,731
Clal Industries & Investments, Ltd. 576 1,846
Cookson Group PLC 3,162 30,618
CSR, Ltd. 6,720 10,779
Daetwyler Holding AG 23 1,919
Danaher Corp. 3,200 176,480
DCC PLC 645 18,584
Dogan Sirketler Grubu Holdings AS (I) 10,683 4,285
Doosan Corp. 85 10,418
Empresas COPEC SA 1,573 23,213
Enka Insaat ve Sanayi AS 2,091 5,239
Far Eastern New Century Corp. 12,588 14,160
Fraser and Neave, Ltd. (I) 4,000 28,859
General Electric Company 59,060 1,341,253
Grupo Carso SAB de CV, Series A1 5,200 17,771
Hutchison Whampoa, Ltd. 9,000 86,749
Ihlas Holding AS (I) 8,301 6,242
Indus Holding AG 334 8,152
Jaiprakash Associates, Ltd. 3,873 6,034
Katakura Industries Company, Ltd. 700 6,520
Keihan Electric Railway Company, Ltd. 3,000 14,278
Keppel Corp., Ltd. 3,700 34,191
KOC Holdings AS 4,299 17,202
Koninklijke Philips Electronics NV 4,947 115,674
LG Corp. 343 19,012
Malaysian Resources Corp. BHD 19,050 9,941
MAX India, Ltd. (I) 1,717 7,268
NWS Holdings, Ltd. 9,672 15,586
Orkla ASA 5,410 41,145
Raven Industries, Inc. 600 17,658
Reunert, Ltd. 873 7,235
Rheinmetall AG 298 13,920
Samsung Techwin Company, Ltd. 171 9,838
SembCorp Industries, Ltd. 4,000 18,417
Shanghai Industrial Holdings, Ltd. 4,000 11,851
Siemens AG 306 30,558
Siemens AG, ADR 2,430 243,365
Sime Darby BHD 9,700 31,092
SK Holdings Company, Ltd. 178 24,744
SM Investments Corp. 1,060 18,481
Smiths Group PLC 2,069 34,699
Sonae 3,327 2,219
Standex International Corp. 100 4,445
 
    2,975,888
Machinery - 1.9%    
Aalberts Industries NV 535 9,635

 

Disciplined Diversification Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Machinery (continued)    
Actuant Corp., Class A (L) 500 $ 14,310
AG Growth International, Inc. 87 2,853
AGCO Corp. (I) 800 37,984
Aida Engineering, Ltd. 1,000 6,632
Alamo Group, Inc. 400 13,512
Albany International Corp., Class A (L) 400 8,788
Alfa Laval AB 1,396 25,389
Altra Holdings, Inc. (L) 300 5,460
American Railcar Industries, Inc. (I) 400 11,336
Andritz AG 368 20,892
Ashok Leyland, Ltd. 3,312 1,510
Atlas Copco AB, Series A 1,661 38,914
Atlas Copco AB, Series B 1,113 23,366
ATS Automation Tooling Systems, Inc. (I) 1,702 15,408
Bando Chemical Industries, Ltd. 1,000 3,470
Barnes Group, Inc. 700 17,507
Beijer Alma AB 96 1,653
Blount International, Inc. (I) 500 6,580
Bobst Group AG (I) 236 7,035
Bodycote PLC 1,394 8,823
Bradken, Ltd. 1,082 6,160
Briggs & Stratton Corp. 400 7,468
Bucher Industries AG 51 9,162
Burckhardt Compression Holding AG 20 5,952
Cargotec Corp. OYJ 270 6,365
Cascade Corp. 100 5,474
Caterpillar, Inc. 3,200 275,328
Chart Industries, Inc. (I) 600 44,310
China Automation Group, Ltd. (I) 13,000 2,643
China National Materials Company, Ltd.,    
H Shares 11,000 3,090
CIRCOR International, Inc. 300 11,325
CLARCOR, Inc. 365 16,290
CNH Global NV (I)(L) 619 23,999
Colfax Corp. (I) 773 28,346
Columbus McKinnon Corp. (I) 500 7,555
Concentric AB 1,200 8,995
Conzzeta Holding AG 3 5,605
Cosco Corp. Singapore, Ltd. (L) 10,000 7,826
Crane Company 400 15,972
CSR Corp., Ltd., H Shares 6,000 3,952
Cummins, Inc. 808 74,506
Daifuku Company, Ltd. 1,500 7,482
Danieli & C Officine Meccaniche SpA 270 6,775
Deere & Company 1,900 156,731
Deutz AG (I) 380 1,709
Donaldson Company, Inc. 600 20,826
Doosan Infracore Company, Ltd. (I) 830 14,018
Dover Corp. 1,800 107,082
Eaton Corp. (L) 2,000 94,520
Ebara Corp. 4,000 16,744
EnPro Industries, Inc. (I)(L) 300 10,803
ESCO Technologies, Inc. 400 15,540
Faiveley Transport 97 6,024
FANUC Corp. 600 96,634
Federal Signal Corp. (I) 1,100 6,952
Fenner PLC 3,040 19,017
Fiat Industrial SpA 3,942 38,668
First Tractor Company, Ltd., H Shares (I) 10,000 7,669
Flowserve Corp. 500 63,870
FreightCar America, Inc. 100 1,779
Fujitec Company, Ltd. 1,000 5,844
Furukawa Company, Ltd. (I) 3,000 2,766
Gardner Denver, Inc. 500 30,205
GEA Group AG 875 26,513

 

103

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Disciplined Diversification Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Machinery (continued)    
Georg Fischer AG (I) 30 $ 10,640
Gildemeister AG 397 7,057
Glory, Ltd. 500 11,667
Graco, Inc. 600 30,168
Graham Corp. 300 5,421
Greenbrier Companies, Inc. (I)(L) 300 4,842
Haldex AB 1,200 6,088
Hanjin Heavy Industries &    
Construction Company, Ltd. (I) 414 4,470
Hanjin Heavy Industries & Construction    
Holdings Company, Ltd. 120 856
Harsco Corp. 1,100 22,583
Heidelberger Druckmaschinen AG (I)(L) 2,635 4,021
Hitachi Construction    
Machinery Company, Ltd. 400 6,468
Hitachi Koki Company, Ltd. 800 6,095
Hitachi Tool Engineering, Ltd. (I) 400 3,534
Hitachi Zosen Corp. 7,500 8,634
Hyundai Heavy Industries Company, Ltd. 170 38,100
Hyundai Mipo Dockyard 82 9,893
IDEX Corp. 500 20,885
IHI Corp. 9,000 20,050
Illinois Tool Works, Inc. (L) 2,300 136,781
IMI PLC 2,326 33,908
Ingersoll-Rand PLC 2,200 98,604
Interpump SpA 762 5,666
Invensys PLC 5,363 20,323
Iochpe-Maxion SA 800 10,497
Iseki & Company, Ltd. 3,000 7,260
ITT Corp. (L) 800 16,120
Jain Irrigation Systems, Ltd. 1,975 2,604
Jain Irrigation Systems, Ltd. 98 66
Jaya Holdings, Ltd. (I) 8,000 3,807
John Bean Technologies Corp. 343 5,601
Joy Global, Inc. 617 34,589
JTEKT Corp. 1,000 7,900
Juki Corp. 1,000 1,267
Kadant, Inc. (I) 100 2,319
Kawasaki Heavy Industries, Ltd. 7,000 13,890
Kaydon Corp. 500 11,170
Kennametal, Inc. 574 21,284
Kitz Corp. 1,000 4,290
Komatsu, Ltd. 2,900 57,055
Komori Corp. 700 3,551
Kone OYJ 614 42,582
Konecranes OYJ 207 6,028
Krones AG 110 5,891
Kubota Corp. 3,000 30,347
KUKA AG (I) 423 12,184
Kurita Water Industries, Ltd. 700 15,500
LB Foster Company, Class A 200 6,468
Lincoln Electric Holdings, Inc. 800 31,240
Lindsay Corp. 200 14,394
Lonking Holdings, Ltd. (I) 24,000 3,996
Lupatech SA (I) 100 156
Lydall, Inc. (I) 600 8,454
Makino Milling Machine Company, Ltd. 1,000 4,505
Makita Corp. 400 15,515
MAN SE 326 29,882
Meidensha Corp. 2,000 6,850
Melrose PLC 7,542 29,537
Meritor, Inc. (I) 1,100 4,664
Met-Pro Corp. 200 1,790
Metka SA 436 4,010
Metso OYJ (I) 922 33,124

 

Disciplined Diversification Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Machinery (continued)    
Meyer Burger Technology AG (I)(L) 313 $ 4,152
Middleby Corp. (I) 200 23,128
Miller Industries, Inc. 300 4,815
Minebea Company, Ltd. 2,000 6,734
Mitsubishi Heavy Industries, Ltd. 11,000 47,611
Mitsuboshi Belting Company, Ltd. 1,000 5,841
Morgan Crucible Company PLC 2,337 9,999
Mori Seiki Company, Ltd. 400 2,535
Mueller Industries, Inc. 395 17,961
Mueller Water Products, Inc., Class A 1,800 8,820
Nabtesco Corp. (L) 400 7,339
Nachi-Fujikoshi Corp. 1,000 2,893
Navistar International Corp. (I)(L) 400 8,436
NGK Insulators, Ltd. 1,000 11,970
Nippon Thompson Company, Ltd. 1,000 3,380
Nitto Kohki Company, Ltd. 300 7,090
NKT Holding A/S 153 5,285
Nordson Corp. 600 35,172
Noritake Company, Ltd. 1,000 2,510
NTN Corp. 3,000 6,029
OC Oerlikon Corp. AG (I) 1,126 10,854
OSG Corp. 400 5,544
Oshkosh Corp. (I) 900 24,687
Otto Marine, Ltd. (I) 21,000 1,519
PACCAR, Inc. (L) 1,456 58,276
Pall Corp. (L) 900 57,141
Parker Hannifin Corp. 900 75,222
Pentair, Ltd. (I)(L) 800 35,608
Pfeiffer Vacuum Technology AG 50 5,343
PMFG, Inc. (I) 100 809
Rational AG 25 6,274
Robbins & Myers, Inc. 468 27,893
Ryobi, Ltd. 1,000 2,140
Samsung Heavy Industries Company, Ltd. 740 24,894
Sandvik AB 2,650 36,108
Sauer-Danfoss, Inc. 300 12,063
Scania AB, Series B 1,474 27,136
Schindler Holding AG (Registered Shares) 88 10,875
Schweiter Technologies AG (I) 26 12,434
SembCorp Marine, Ltd. 2,000 8,063
Senior PLC 2,247 7,420
Shima Seiki Manufacturing, Ltd. 400 5,764
Sinotruk Hong Kong, Ltd. 3,000 1,744
Sintokogio, Ltd. 600 4,112
SKF AB, B Shares 2,021 43,744
SMC Corp. 200 32,217
Snap-on, Inc. 500 35,935
Spirax-Sarco Engineering PLC 456 15,420
SPX Corp. 600 39,246
Stanley Black & Decker, Inc. 1,656 126,270
STX Corp. 484 3,564
STX Engine Company, Ltd. 440 3,478
STX Offshore & Shipbuilding Company, Ltd. 430 3,421
Sulzer AG 175 25,492
Sumitomo Heavy Industries, Ltd. 4,000 13,671
Swisslog Holding AG (I) 5,374 5,769
Tecumseh Products Company, Class A (I) 100 518
Tennant Company 100 4,282
Terex Corp. (I)(L) 1,200 27,096
The Gorman-Rupp Company (L) 373 10,071
The Japan Steel Works, Ltd. 2,000 11,138
The Manitowoc Company, Inc. (L) 1,600 21,344
The Toro Company (L) 800 31,824
The Weir Group PLC 1,008 28,869
THK Company, Ltd. 600 9,143

 

104

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Disciplined Diversification Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Machinery (continued)    
Timken Company 1,100 $ 40,876
Titan International, Inc. 525 9,272
Torishima Pump Manufacturing Company, Ltd. 200 1,412
Toromont Industries, Ltd. 500 10,619
Trelleborg AB, Series B 939 10,595
Trimas Corp. (I) 500 12,055
Trinity Industries, Inc. 1,000 29,970
Tsubakimoto Chain Company, Ltd. 1,000 5,788
Union Tool Company, Ltd. 100 1,581
United Tractors Tbk PT 5,053 10,864
Vallourec SA 550 23,346
Valmont Industries, Inc. 200 26,300
Volvo AB, Series A 2,331 32,841
Volvo AB, Series B 5,241 73,795
Vossloh AG 56 5,163
Wabtec Corp. 400 32,116
Wacker Neuson SE 190 2,684
Wartsila OYJ 1,392 48,377
Watts Water Technologies, Inc., Class A 600 22,698
WEG SA 1,400 16,312
Weichai Power Company, Ltd., H Shares 1,200 3,670
Woodward, Inc. 900 30,582
Xylem, Inc. 1,692 42,554
Yangzijiang Shipbuilding Holdings, Ltd. 14,000 11,116
Zardoya Otis SA 1,278 15,047
Zoomlion Heavy Industry Science and    
Technology Company, Ltd., H Shares 4,200 4,741
 
    4,337,201
Marine - 0.1%    
A P Moller Maersk A/S, Series A 6 43,007
China COSCO Holdings Company, Ltd.,    
H Shares (I) 18,500 7,543
China Shipping Development Company, Ltd.,    
H Shares 10,000 4,131
Cia Sud Americana de Vapores SA (I) 7,688 768
D/S Norden A/S 64 1,709
DFDS A/S 36 1,732
Genco Shipping & Trading, Ltd. (I) 300 1,104
Golden Ocean Group, Ltd. (I) 4,000 2,847
Grindrod, Ltd. 3,074 5,244
Hanjin Shipping Company, Ltd. (I) 826 9,938
Hanjin Shipping Holdings Company, Ltd. (I) 98 632
Hyundai Merchant Marine Company, Ltd. (I) 144 3,424
Iino Kaiun Kaisha, Ltd. 1,300 4,453
International Shipholding Corp. 200 3,374
Kawasaki Kisen Kaisha, Ltd. (I) 5,000 6,273
Kirby Corp. (I) 600 33,168
Korea Line Corp. (I) 33 123
Kuehne & Nagel International AG 166 18,783
Malaysian Bulk Carriers BHD 1,700 766
Matson, Inc. (L) 400 8,364
Mermaid Marine Australia, Ltd. 601 1,920
MISC BHD (I) 6,240 8,665
Mitsui O.S.K. Lines, Ltd. 7,000 16,308
Neptune Orient Lines, Ltd. (I) 7,000 6,417
Nippon Yusen KK (L) 11,000 19,434
Orient Overseas International, Ltd. 1,500 8,235
Pacific Basin Shipping, Ltd. (I) 14,000 6,370
Shun Tak Holdings, Ltd. (I) 16,500 6,364
Sinotrans Shipping, Ltd. (I) 15,500 3,489
STX Pan Ocean Company, Ltd. 870 2,888
Trada Maritime Tbk PT (I) 99,000 7,930
Trencor, Ltd. 1,264 8,120
U-Ming Marine Transport Corp. 4,000 6,383

 

Disciplined Diversification Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Marine (continued)    
Wan Hai Lines, Ltd. (I) 8,820 $ 4,930
Wilh Wilhelmsen Holding ASA, Class A 150 3,643
 
    268,479
Professional Services - 0.4%    
Acacia Research Corp. (I) 313 8,579
Adcorp Holdings, Ltd. 858 2,885
Adecco SA (I) 866 41,339
AF AB 518 11,595
ALS, Ltd. 3,230 28,581
Barrett Business Services, Inc. 312 8,455
Brunel International NV 211 9,238
Bureau Veritas SA 188 19,297
Capita PLC 2,953 36,999
CBIZ, Inc. (I) 900 5,418
CDI Corp. 200 3,406
CRA International, Inc. (I) 300 5,184
Equifax, Inc. 1,200 55,896
Experian PLC 5,013 83,419
Exponent, Inc. (I) 200 11,418
FTI Consulting, Inc. (I) 400 10,672
GP Strategies Corp. (I) 499 9,641
Hays PLC 14,281 17,836
Heidrick & Struggles International, Inc. 300 3,822
Hill International, Inc. (I) 800 3,488
Hudson Global, Inc. (I) 200 892
Huron Consulting Group, Inc. (I) 300 10,446
ICF International, Inc. (I) 200 4,020
IHS, Inc., Class A (I) 500 48,675
Insperity, Inc. 300 7,569
Intertek Group PLC 908 40,251
Kelly Services, Inc., Class A 400 5,040
Kforce, Inc. (I) 400 4,716
Korn/Ferry International (I) 800 12,264
Manpower, Inc. 727 26,754
McMillan Shakespeare, Ltd. 251 3,168
Meitec Corp. 500 11,369
Michael Page International PLC 1,081 6,229
Morneau Shepell, Inc. 300 3,860
Navigant Consulting Company (I)(L) 1,000 11,050
Nielsen Holdings NV (I) 1,900 56,962
On Assignment, Inc. (I) 600 11,952
Poyry OYJ 603 2,638
Proffice AB 946 3,317
Randstad Holdings NV 513 17,097
Resources Connection, Inc. 700 9,177
Robert Half International, Inc. 800 21,304
RPX Corp. (I) 400 4,484
Seek, Ltd. 1,533 10,843
SGS SA 23 47,243
Stantec, Inc. 200 6,815
Sthree PLC 2,216 10,188
Teleperformance SA 626 17,967
The Advisory Board Company (I) 200 9,566
The Corporate Executive Board Company 400 21,452
The Dun & Bradstreet Corp. 300 23,886
Towers Watson & Company, Class A 700 37,135
TrueBlue, Inc. (I) 500 7,860
USG People NV 994 7,553
Verisk Analytics, Inc., Class A (I) 1,000 47,610
Volt Information Sciences, Inc. (I) 500 3,225
VSE Corp. 100 2,449
W.S. Atkins PLC 1,648 19,421
 
    973,615

 

105

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Disciplined Diversification Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Road & Rail - 0.7%    
All America Latina Logistica SA 3,400 $ 14,055
Amerco, Inc. 150 15,954
Arkansas Best Corp. 300 2,376
Asciano, Ltd. 5,940 26,679
Avis Budget Group, Inc. (I) 1,500 23,070
Canadian National Railway Company 1,100 97,334
Canadian Pacific Railway, Ltd. 1,100 91,292
Celadon Group, Inc. 300 4,821
Central Japan Railway Company, Ltd. 400 35,087
ComfortDelGro Corp., Ltd. 13,000 18,139
Con-way, Inc. 800 21,896
Container Corp of India 286 5,247
CSX Corp. 5,073 105,265
Dollar Thrifty Automotive Group, Inc. (I) 200 17,386
DSV A/S, ADR 974 21,917
East Japan Railway Company 1,000 66,227
Evergreen International Storage    
& Transport Corp. 6,000 4,044
FirstGroup PLC 4,847 18,821
Genesee & Wyoming, Inc., Class A (I)(L) 300 20,058
Go-Ahead Group PLC 280 5,938
Hankyu Hanshin Holdings, Inc. 5,000 26,986
Hertz Global Holdings, Inc. (I) 3,900 53,547
Hitachi Transport System, Ltd. 600 10,068
J.B. Hunt Transport Services, Inc. 700 36,428
Kansas City Southern 1,200 90,936
Keikyu Corp. 2,000 18,858
Keio Corp. (L) 2,000 15,065
Keisei Electric Railway Company, Ltd. 2,000 18,062
Kintetsu Corp. (L) 6,000 23,519
Landstar System, Inc. 400 18,912
Localiza Rent a Car SA 600 10,536
Marten Transport, Ltd. 400 7,028
MTR Corp., Ltd. 4,659 17,660
Nagoya Railroad Company, Ltd. 4,000 10,886
Nankai Electric Railway Company, Ltd. 3,000 13,552
National Express Group PLC 3,933 13,356
Nippon Express Company, Ltd. 4,000 15,165
Nishi-Nippon Railroad Company, Ltd. 3,000 12,974
Norfolk Southern Corp. 1,828 116,316
Northgate PLC 771 3,000
Odakyu Electric Railway Company, Ltd. 3,000 31,553
Old Dominion Freight Line, Inc. (I) 1,332 40,173
P.A.M. Transportation Services, Inc. 300 2,990
QR National, Ltd. 540 1,903
RailAmerica, Inc. (I) 505 13,872
Ryder Systems, Inc. 400 15,624
Saia, Inc. (I) 300 6,042
Sankyu, Inc. 3,000 11,333
Senko Company, Ltd. 1,000 4,343
Shin-Keisei Electric Railway Company, Ltd. 1,000 4,534
SMRT Corp., Ltd. 4,000 5,458
Sotetsu Holdings, Inc. 3,000 10,053
Stagecoach Group PLC 2,185 9,922
Tegma Gestao Logistica 700 11,557
Tobu Railway Company, Ltd. 5,000 26,901
Tokyu Corp. 4,000 19,114
TransForce, Inc. 1,100 19,469
Transport International Holdings, Ltd. 2,800 5,554
Union Pacific Corp. 2,300 273,010
Universal Truckload Services, Inc. 100 1,597
USA Truck, Inc. (I) 200 728
Werner Enterprises, Inc. (L) 900 19,233

 

Disciplined Diversification Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Road & Rail (continued)    
West Japan Railway Company 400 $ 17,068
 
    1,700,491
Trading Companies & Distributors - 0.6%    
Aceto Corp. 700 6,615
Adani Enterprises, Ltd. 790 3,009
AddTech AB 180 4,892
Aircastle, Ltd. 1,100 12,463
AKR Corporindo Tbk PT 14,500 6,399
Alesco Corp., Ltd. 615 1,250
Applied Industrial Technologies, Inc. 500 20,715
Ashtead Group PLC 2,287 11,977
B&B Tools AB 25 191
Barloworld, Ltd. 2,065 17,856
BayWa AG 220 8,681
BE Group AB 1,490 3,876
Beacon Roofing Supply, Inc. (I)(L) 500 14,250
BlueLinx Holdings, Inc. (I) 557 1,303
Brenntag AG 143 18,329
Bunzl PLC 2,935 52,655
CAI International, Inc. (I) 502 10,301
Citic Resources Holdings, Ltd. (I) 11,500 1,521
Cramo OYJ 622 6,491
Daewoo International Corp. 296 11,150
DXP Enterprises, Inc. (I) 200 9,554
Emeco Holdings, Ltd. 4,324 3,258
Eqstra Holdings, Ltd. 4,732 3,692
Fastenal Company (L) 1,500 64,485
Finning International, Inc. 900 21,825
G & L Beijer AB 110 1,811
GATX Corp. (L) 400 16,976
Grafton Group PLC 1,533 6,672
H&E Equipment Services, Inc. 470 5,696
Hanwa Company, Ltd. 2,000 6,941
Inabata & Company, Ltd. 1,600 10,369
ITOCHU Corp. (L) 6,300 63,817
Jacquet Metal Service 172 1,875
Japan Pulp & Paper Company, Ltd. 1,000 3,360
Kaman Corp. 200 7,172
Kanematsu Corp. (I) 5,000 5,826
Kloeckner & Company SE (I) 742 7,105
Kuroda Electric Company, Ltd. 300 3,634
Lavendon Group PLC 5,310 12,869
Lawson Products, Inc. 300 2,076
LG International Corp. 310 12,930
Marubeni Corp. 5,000 31,882
Mitsubishi Corp. (L) 6,200 112,637
Mitsui & Company, Ltd. 1,300 18,277
Mitsui & Company, Ltd., ADR 300 83,841
MSC Industrial Direct Company, Inc., Class A 300 20,238
Nagase & Company, Ltd. 1,000 11,142
Noble Group, Ltd. 16,000 17,178
PaperlinX, Ltd. (I) 2,943 185
Ramirent OYJ 637 5,136
Reece Australia, Ltd. 862 18,515
Rexel SA 856 17,260
Rush Enterprises, Inc., Class A (I) 500 9,630
Russel Metals, Inc. 1,100 30,792
Samsung C&T Corp. 554 32,633
Schouw & Company A/S 100 2,241
Seven Group Holdings, Ltd. 755 5,274
SIG PLC 6,281 10,054
SK Networks Company, Ltd. 860 7,898
Sumitomo Corp. 4,100 55,285
Superior Plus Corp. 700 6,480

 

106

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Disciplined Diversification Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Trading Companies & Distributors (continued)    
TAL International Group, Inc. (L) 700 $ 23,786
Textainer Group Holdings, Ltd. 600 18,330
Titan Machinery, Inc. (I) 400 8,112
Toyota Tsusho Corp. 1,000 21,370
Travis Perkins PLC 1,035 17,451
United Rentals, Inc. (I)(L) 1,104 36,112
W.W. Grainger, Inc. (L) 267 55,635
Watsco, Inc. (L) 400 30,316
WESCO International, Inc. (I) 400 22,880
Wolseley PLC 1,964 84,038
 
    1,300,475
Transportation Infrastructure - 0.2%    
Abertis Infraestructuras SA 2,080 30,694
Airports of Thailand PCL 6,000 15,497
Anhui Expressway Company, Ltd., H Shares 4,000 1,720
Ansaldo STS SpA 546 4,479
Atlantia SpA 1,339 20,838
Auckland International Airport, Ltd. 8,072 17,532
Australian Infrastructure Fund 5,379 16,836
BBA Aviation PLC 4,353 13,898
Beijing Capital International Airport    
Company, Ltd., H Shares 26,000 17,406
CCR SA 2,900 26,250
China Merchants Holdings    
International Company, Ltd. 6,458 19,857
COSCO Pacific, Ltd. 8,000 11,222
Ecorodovias Infraestrutura e Logistica SA 1,500 13,060
Flughafen Wien AG 263 12,213
Flughafen Zuerich AG 34 13,965
Groupe Eurotunnel SA 3,239 22,862
Grupo Aeroportuario del Sureste SAB    
de CV, ADR 160 14,176
Hamburger Hafen und Logistik AG 130 3,382
Hopewell Highway Infrastructure, Ltd. 12,600 6,537
Jasa Marga Tbk PT 18,000 10,981
Jiangsu Expressway, Ltd., H Shares 10,000 8,368
Kamigumi Company, Ltd. 3,000 24,698
Koninklijke Vopak NV 230 16,174
LLX Logistica SA (I) 587 834
Macquarie Korea Infrastructure Fund 1,650 9,645
Malaysia Airports Holdings BHD 3,300 6,001
Mitsubishi Logistics Corp. 1,000 11,897
Mitsui-Soko Company, Ltd. 1,000 3,378
Nissin Corp. 3,000 7,898
Novorossiysk Commercial Sea Trade Port    
PJSC, GDR 448 3,024
Obrascon Huarte Lain Brasil SA 1,000 9,175
Port of Tauranga, Ltd. 651 6,843
Santos Brasil Participacoes SA 600 8,583
SATS, Ltd. 3,920 8,556
Sociedad Matriz SAAM SA (I) 8,586 923
TAV Havalimanlari Holding AS (I) 958 4,749
Transurban Group 4,457 27,687
Veripos, Inc. (I) 152 424
Yuexiu Transport Infrastructure, Ltd. 5,640 2,640
Zhejiang Expressway Company, Ltd., H Shares 12,000 8,346
 
    463,248
    20,849,838
Information Technology - 9.4%    
Communications Equipment - 0.9%    
Accton Technology Corp. 15,535 8,347
ADTRAN, Inc. (L) 500 8,640
ADVA AG Optical Networking (I) 1,343 8,587

 

Disciplined Diversification Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Communications Equipment (continued)    
Aiphone Company, Ltd. 400 $ 8,296
Alcatel-Lucent (I)(L) 11,778 13,048
Alcatel-Lucent, ADR (I) 1,300 1,430
Anaren, Inc. (I) 300 5,997
Arris Group, Inc. (I) 950 12,151
Aruba Networks, Inc. (I) 900 20,237
Ascom Holding AG (I) 647 4,887
Aviat Networks, Inc. (I) 800 1,904
Axis Communications AB 628 15,583
Beijing Enterprises Water Group, Ltd. 12,000 2,868
Bel Fuse, Inc., Class B 300 5,604
Black Box Corp. (L) 200 5,102
Brocade Communications Systems, Inc. (I) 4,000 23,660
BYD Electronic International Company, Ltd. 7,000 1,489
CalAmp Corp. (I) 821 6,740
Calix, Inc. (I)(L) 600 3,840
Ceragon Networks, Ltd. (I) 362 2,052
Cisco Systems, Inc. 30,950 590,836
Comba Telecom Systems Holdings, Ltd. (I) 12,000 3,988
Comtech Telecommunications Corp. (L) 200 5,528
CyberTAN Technology, Inc. 5,000 4,013
D-Link Corp. 7,980 4,858
Digi International, Inc. (I) 500 5,080
DragonWave, Inc. (I) 700 1,574
EchoStar Corp., Class A (I) 500 14,330
Eltek ASA (I) 1,541 1,053
Emulex Corp. (I) 1,300 9,373
EVS Broadcast Equipment SA 233 12,876
Exfo, Inc. (NASDAQ Exchange) (I) 55 272
Extreme Networks, Inc. (I) 1,700 5,678
F5 Networks, Inc. (I) 500 52,350
Finisar Corp. (I)(L) 600 8,580
Gemtek Technology Corp. (I) 5,252 5,570
Gigaset AG (I) 1,047 1,733
Globecomm Systems, Inc. (I)(L) 400 4,460
Grupo Ezentis SA (I) 7,249 1,639
Harmonic, Inc. (I) 1,700 7,718
Harris Corp. 1,000 51,220
HTC Corp. 2,661 25,725
ICOM, Inc. 300 7,249
Infinera Corp. (I)(L) 900 4,932
Ixia (I) 800 12,856
JDS Uniphase Corp. (I) 1,500 18,578
Juniper Networks, Inc. (I) 3,800 65,018
KVH Industries, Inc. (I) 200 2,698
Loral Space & Communications, Inc. 200 14,220
Motorola Solutions, Inc. 1,361 68,799
NETGEAR, Inc. (I)(L) 500 19,070
Nokia OYJ (L) 11,802 30,399
Nokia OYJ, ADR (L) 6,154 15,816
Oplink Communications, Inc. (I) 300 4,962
Pace PLC 2,180 5,608
Plantronics, Inc. 300 10,599
Polycom, Inc. (I) 1,300 12,831
QUALCOMM, Inc. 7,200 449,928
Research In Motion, Ltd. (I) 2,300 17,593
Riverbed Technology, Inc. (I) 1,000 23,270
Sandvine Corp. (I) 1,900 2,319
Sonus Networks, Inc. (I) 200 376
Spirent Communications PLC 3,276 8,178
Sycamore Networks, Inc. 470 7,238
Symmetricom, Inc. (I) 900 6,273
TCL Communication    
Technology Holdings, Ltd. 10,000 3,627
Telefonaktiebolaget LM Ericsson, A Shares 336 3,005

 

107

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Disciplined Diversification Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Communications Equipment (continued)    
Telefonaktiebolaget LM Ericsson, ADR 2,500 $ 22,825
Telefonaktiebolaget LM Ericsson, B Shares 10,303 93,973
Tellabs, Inc. 5,200 18,408
Telular Corp. 700 6,930
TKH Group NV 170 3,555
Unizyx Holding Corp. 6,000 2,938
ViaSat, Inc. (I)(L) 400 14,952
VTech Holdings, Ltd. 1,000 12,229
Wi-LAN, Inc. 1,000 5,625
Wistron NeWeb Corp. 2,203 4,078
Zinwell Corp. 4,000 4,006
ZTE Corp., H Shares 3,520 5,604
 
    1,989,481
Computers & Peripherals - 2.1%    
3D Systems Corp. (I)(L) 400 13,140
Acer, Inc. (I) 10,287 10,064
AmTRAN Technology Company, Ltd. 9,687 7,603
Apple, Inc. 5,000 3,336,300
Asia Vital Components Company Ltd. 1,048 543
Asustek Computer, Inc. 3,011 32,535
Avid Technology, Inc. (I) 800 7,568
Bull SA (I) 1,340 4,506
Catcher Technology Company, Ltd. 1,720 8,099
Clevo Company 5,000 7,332
CMC Magnetics Corp. (I) 50,000 8,497
Compal Electronics, Inc. 16,575 14,904
Cray, Inc. (I) 400 5,080
Dell, Inc. 7,627 75,202
Diebold, Inc. 574 19,350
Eizo Nanao Corp. 100 1,773
Electronics for Imaging, Inc. (I) 500 8,305
EMC Corp. (I) 8,495 231,659
Foxconn Technology Company, Ltd. 4,298 16,598
Fujitsu, Ltd. (L) 7,000 26,260
Gemalto NV (L) 759 66,858
Gigastorage Corp. 6,895 5,286
Hewlett-Packard Company 12,056 205,675
Imation Corp. (I)(L) 600 3,354
Immersion Corp. (I) 300 1,641
Intermec, Inc. (I) 1,300 8,073
Intevac, Inc. (I) 131 800
Inventec Corp. 21,337 8,413
Lenovo Group, Ltd. 28,000 23,187
Lexmark International, Inc., Class A 765 17,021
Lite-On Technology Corp. 14,447 18,657
Logitech International SA (I)(L) 1,458 13,363
Megachips Corp. 600 13,256
Micro-Star International Company, Ltd. 7,642 3,731
Mitac International Corp. 14,559 5,593
NCR Corp. (I) 1,479 34,475
NEC Corp. (I)(L) 15,000 23,703
NetApp, Inc. (I) 1,551 50,997
Novatel Wireless, Inc. (I) 600 1,188
Pegatron Corp. 10,642 13,765
Psion PLC (I) 5,211 7,398
Qisda Corp. (I) 11,000 2,485
QLogic Corp. (I) 1,000 11,420
Quanta Computer, Inc. 8,080 21,360
Rimage Corp. 200 1,350
Ritek Corp. (I) 45,359 5,991
SanDisk Corp. (I) 1,500 65,145
Seagate Technology PLC 4,100 127,100
Silicon Graphics International Corp. (I)(L) 600 5,460
STEC, Inc. (I)(L) 700 4,725

 

Disciplined Diversification Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Computers & Peripherals (continued)    
Stratasys, Inc. (I) 119 $ 6,474
Super Micro Computer, Inc. (I) 200 2,406
Synaptics, Inc. (I) 500 12,010
Toshiba Corp. 11,000 35,200
Wacom Company, Ltd. 3 7,235
Western Digital Corp. 2,800 108,444
Wincor Nixdorf AG 298 11,671
Wistron Corp. 14,360 17,248
 
    4,807,476
Electrical Equipment - 0.0%    
SMA Solar Technology AG 59 2,065
Solarworld AG 724 1,426
 
    3,491
Electronic Equipment, Instruments & Components - 0.9%  
Agilysys, Inc. (I) 300 2,580
Alps Electric Company, Ltd. 1,200 6,205
Amphenol Corp., Class A (L) 965 56,819
Anixter International, Inc. (L) 300 17,238
Anritsu Corp. 1,000 12,958
Arrow Electronics, Inc. (I) 900 30,339
AU Optronics Corp. (I) 11,000 3,923
AU Optronics Corp., ADR (I) 4,523 15,740
Avnet, Inc. (I) 1,200 34,908
AVX Corp. 1,300 12,467
Badger Meter, Inc. (L) 200 7,278
Barco NV 80 5,443
Benchmark Electronics, Inc. (I) 700 10,689
Brightpoint, Inc. (I) 1,000 8,980
Canon Electronics, Inc. 200 4,403
Career Technology MFG. Company, Ltd. 3,000 4,071
Celestica, Inc. (I) 1,400 10,011
Checkpoint Systems, Inc. (I) 600 4,968
Cheng Uei Precision Industry Company, Ltd. 5,253 12,517
Chimei Innolux Corp. (I) 34,489 12,459
Chin-Poon Industrial Company, Ltd. 9,000 10,607
China Aerospace International Holdings, Ltd. 76,000 5,387
Chroma ATE, Inc. 2,080 4,370
Chunghwa Picture Tubes, Ltd. (I) 29,162 837
Citizen Holdings Company, Ltd. 1,800 9,095
Cognex Corp. 400 13,832
Coherent, Inc. (I) 260 11,924
Compeq Manufactuing Company 5,000 2,249
Corning, Inc. 9,800 128,870
CTS Corp. 400 4,028
Daeduck Electronics Company 100 961
Daiwabo Holdings Company, Ltd. 5,000 9,413
Daktronics, Inc. 800 7,608
Datalogic SpA 499 4,234
DataTec, Ltd. (I) 2,172 13,739
Delta Electronics, Inc. 6,241 24,042
Digital China Holdings, Ltd. 6,000 9,533
Diploma PLC 2,172 16,680
Dolby Laboratories, Inc., Class A (I)(L) 500 16,375
Domino Printing Sciences PLC 631 5,645
DTS, Inc. (I)(L) 353 8,218
Electro Rent Corp. 500 8,845
Electro Scientific Industries, Inc. 400 4,888
Electrocomponents PLC 2,084 6,759
Elite Material Company 5,123 5,358
Everlight Electronics Company, Ltd. 3,000 4,828
Evertz Technologies, Ltd. 154 2,162
FEI Company 500 26,750
FLIR Systems, Inc. (L) 1,079 21,553

 

108

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Disciplined Diversification Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Electronic Equipment, Instruments &    
Components (continued)    
FUJIFILM Holdings Corp. (L) 2,100 $ 35,164
GSI Group, Inc. (I) 459 4,090
Halma PLC 2,484 17,029
HannStar Display Corp. (I) 45,000 4,480
Hexagon AB 1,811 38,974
Hirose Electric Company, Ltd. (L) 100 11,141
Hitachi, Ltd. 1,000 5,557
Hitachi, Ltd., ADR (L) 1,400 77,700
Holy Stone Enterprise Company, Ltd. 7,643 6,723
Hon Hai Precision Industry Company, Ltd. 31,018 96,064
Horiba, Ltd. 400 11,760
Hosiden Corp. 1,100 6,095
Hoya Corp. 1,200 26,356
Ibiden Company, Ltd. 900 13,144
Inficon Holding AG (I) 15 3,174
Ingenico SA 279 14,356
Ingram Micro, Inc., Class A (I) 1,050 15,992
Insight Enterprises, Inc. (I) 400 6,992
Inspur International, Ltd. 45,000 1,246
IPG Photonics Corp. (I)(L) 400 22,920
Itron, Inc. (I)(L) 600 25,890
Jabil Circuit, Inc. 2,000 37,440
Jenoptik AG 706 5,364
Ju Teng International Holdings, Ltd. 10,000 4,164
Keyence Corp. 220 56,202
Kingboard Chemical Holdings, Ltd. 4,500 10,725
Kingboard Laminates Holdings, Ltd. 16,000 6,624
Koa Corp. 800 6,803
Kudelski SA (I) 786 8,865
Kyocera Corp. (L) 600 51,894
Laird PLC 1,534 5,588
Largan Precision Company, Ltd. 1,020 21,019
LEM Holding SA 8 4,033
LG Display Company, Ltd. (I) 1,140 28,860
LG Display Company, Ltd., ADR (I) 1,100 13,827
LG Innotek Company, Ltd. (I) 123 8,910
Littelfuse, Inc. (L) 300 16,962
Measurement Specialties, Inc. (I) 300 9,894
Mercury Computer Systems, Inc. (I) 500 5,310
Methode Electronics, Inc. 400 3,884
Micronic Laser Systems AB (I) 2,274 3,583
Mitsumi Electric Company, Ltd. (I) 800 4,273
Molex, Inc. 900 23,652
Molex, Inc., Class A 500 10,860
MTS Systems Corp. (L) 200 10,710
Multi-Fineline Electronix, Inc. (I) 300 6,765
Murata Manufacturing Company, Ltd. 600 31,918
Nan Ya Printed Circuit Board Corp. 2,000 3,249
National Instruments Corp. 850 21,395
Newport Corp. (I) 400 4,424
Nichicon Corp. 100 695
Nihon Dempa Kogyo Company, Ltd. 200 2,235
Nippon Ceramic Company, Ltd. 100 1,252
Nippon Chemi-Con Corp. (I) 1,000 1,664
Nippon Electric Glass Company, Ltd. 2,000 10,970
OKI Electric Industry Company, Ltd. (I) 3,000 3,418
Omron Corp. 1,000 19,204
OSI Systems, Inc. (I) 400 31,136
Pan-International Industrial (I) 5,000 4,966
PAR Technology Corp. (I) 200 1,090
Park Electrochemical Corp. 400 9,932
Phoenix Mecano AG 4 1,924
Plexus Corp. (I) 500 15,145
Power-One, Inc. (I) 1,200 6,720

 

Disciplined Diversification Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Electronic Equipment, Instruments &    
Components (continued)    
Premier Farnell PLC 4,968 $ 13,825
Pulse Electronics Corp. (I) 800 656
Radisys Corp. (I) 200 720
RealD, Inc. (I) 7 63
Richardson Electronics, Ltd. 300 3,561
Rofin-Sinar Technologies, Inc. (I) 100 1,973
Rogers Corp. (I)(L) 300 12,708
Samsung Electro-Mechanics Company, Ltd. 285 24,543
Samsung SDI Company, Ltd. 204 28,912
Sanmina-SCI Corp. (I) 1,300 11,037
ScanSource, Inc. (I) 300 9,606
SMK Corp. 1,000 2,754
Spectris PLC 1,524 42,552
Star Micronics Company, Ltd. 1,000 9,605
SYNNEX Corp. (I)(L) 700 22,806
Synnex Technology International Corp. 6,045 13,660
Taiyo Yuden Company, Ltd. 900 7,580
TDK Corp. 669 24,579
TE Connectivity, Ltd. 1,877 63,837
Tech Data Corp. (I) 400 18,120
Topcon Corp. (L) 200 1,075
Trimble Navigation, Ltd. (I) 800 38,128
TTM Technologies, Inc. (I) 1,300 12,259
Unimicron Technology Corp. 12,000 14,249
Vaisala OYJ 274 5,626
Venture Corp., Ltd. 2,000 13,104
Vishay Intertechnology, Inc. (I)(L) 1,500 14,745
Vishay Precision Group, Inc. (I) 250 3,495
WPG Holdings Company, Ltd. 6,429 8,518
Yageo Corp. (I) 19,000 5,776
Young Fast Optoelectronics Company, Ltd. 1,099 2,648
 
    2,077,901
Internet Software & Services - 0.9%    
Akamai Technologies, Inc. (I) 1,019 38,987
Ancestry.com, Inc. (I)(L) 200 6,016
AOL, Inc. (I) 1,566 55,170
Blucora, Inc. (I) 300 5,343
comScore, Inc. (I) 500 7,625
CoStar Group, Inc. (I) 221 18,020
DealerTrack Holdings, Inc. (I) 400 11,140
Dena Company, Ltd. 400 13,167
Dice Holdings, Inc. (I)(L) 1,000 8,420
Digital River, Inc. (I) 600 9,996
EarthLink, Inc. 800 5,696
eBay, Inc. (I) 6,200 300,142
Equinix, Inc. (I) 554 114,152
Google, Inc., Class A (I) 1,100 829,950
IAC/InterActiveCorp 600 31,236
Internap Network Services Corp. (I) 800 5,640
Limelight Networks, Inc. (I)(L) 2,200 5,148
Liquidity Services, Inc. (I)(L) 500 25,105
LogMeIn, Inc. (I) 200 4,486
Monster Worldwide, Inc. (I)(L) 1,600 11,728
Move, Inc. (I) 625 5,388
Net Entertainment NE AB (I) 203 2,188
NHN Corp. 96 25,028
NIC, Inc. 800 11,840
Open Text Corp. (I) 400 22,057
Opera Software ASA 999 6,365
Perficient, Inc. (I) 500 6,035
QuinStreet, Inc. (I)(L) 500 4,195
Rackspace Hosting, Inc. (I) 800 52,872
RealNetworks, Inc. (I) 700 5,824

 

109

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Disciplined Diversification Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Internet Software & Services (continued)    
Saba Software, Inc. (I) 800 $ 7,992
support.com, Inc. (I) 600 2,538
TechTarget, Inc. (I) 289 1,708
Telecity Group PLC 1,389 20,106
Tencent Holdings, Ltd. 2,800 95,157
Tiscali SpA (I) 46,781 2,553
United Internet AG 711 14,507
United Online, Inc. 1,300 7,176
Unwired Planet, Inc. (I) 1,269 2,436
ValueClick, Inc. (I) 900 15,471
VeriSign, Inc. (I)(L) 900 43,821
VistaPrint NV (I) 329 11,235
Web.com Group, Inc. (I) 700 12,565
WebMD Health Corp. (I) 400 5,612
XO Group, Inc. (I) 300 2,505
Yahoo Japan Corp. 42 15,992
Yahoo!, Inc. (I) 6,103 97,495
Zix Corp. (I) 200 574
 
    2,008,402
IT Services - 1.5%    
Accenture PLC, Class A 2,500 175,075
Acxiom Corp. (I) 900 16,443
Alliance Data Systems Corp. (I) 300 42,585
Alten SA 166 5,309
Altran Technologies SA (I) 1,410 9,293
Amadeus IT Holding SA, A Shares 1,481 34,577
Amdocs, Ltd. 1,400 46,186
Anite PLC 600 1,226
Atea ASA 1,060 10,417
AtoS 208 14,529
Automatic Data Processing, Inc. 2,126 124,711
Bechtle AG 182 7,017
Broadridge Financial Solutions, Inc. 1,200 27,996
CACI International, Inc., Class A (I)(L) 300 15,537
Cap Gemini SA 967 41,057
Cardtronics, Inc. (I) 200 5,956
Cass Information Systems, Inc. 110 4,617
CGI Group, Inc. (I) 1,200 32,225
CIBER, Inc. (I) 1,400 4,858
Cielo SA 1,800 44,919
Cognizant Technology    
Solutions Corp., Class A (I) 1,100 76,912
Computacenter PLC 1,000 6,141
Computer Sciences Corp. 1,400 45,094
Computershare, Ltd. 1,852 15,886
Convergys Corp. 1,600 25,072
CoreLogic, Inc. (I) 1,400 37,142
CSE Global, Ltd. 12,000 8,499
CSG Systems International, Inc. (I) 400 8,996
DST Systems, Inc. 400 22,624
Euronet Worldwide, Inc. (I) 830 15,596
ExlService Holdings, Inc. (I) 284 8,378
Fidelity National Information Services, Inc. 2,900 90,538
Fiserv, Inc. (I) 1,347 99,718
FleetCor Technologies, Inc. (I) 500 22,400
Forrester Research, Inc. 300 8,631
Gartner, Inc. (I) 800 36,872
Genpact, Ltd. 2,400 40,032
Global Cash Access Holdings, Inc. (I) 1,000 8,050
Global Payments, Inc. 500 20,915
Groupe Steria SA 723 10,107
HCL Infosystems, Ltd. 2,958 2,419
HCL Technologies, Ltd. 1,025 11,159
Heartland Payment Systems, Inc. 500 15,840

 

Disciplined Diversification Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
IT Services (continued)    
Hi Sun Technology China, Ltd. (I) 15,000 $ 1,508
HIQ International AB (I) 1,776 9,355
iGATE Corp. (I) 650 11,811
Indra Sistemas SA (L) 937 9,077
Infosys, Ltd. 200 9,573
Infosys, Ltd., ADR (L) 825 40,046
International Business Machines Corp. 4,500 933,525
Iress, Ltd. 112 857
IT Holdings Corp. 300 3,888
Jack Henry & Associates, Inc. 900 34,110
Lender Processing Services, Inc. 800 22,312
Lionbridge Technologies, Inc. (I) 600 2,112
Mantech International Corp., Class A (L) 300 7,200
Mastercard, Inc., Class A 400 180,592
ModusLink Global Solutions, Inc. (I) 200 738
MoneyGram International, Inc. (I) 175 2,615
Mphasis, Ltd. 1,153 8,841
NET One Systems Company, Ltd. 600 7,554
NeuStar, Inc., Class A (I) 675 27,020
Nomura Research Institute, Ltd. 600 12,285
NS Solutions Corp. 300 6,323
NTT Data Corp. 4 12,484
Online Resources Corp. (I) 800 2,344
Ordina NV (I) 210 276
Otsuka Corp. 100 8,930
Panasonic Information Systems 100 2,405
Paychex, Inc. (L) 1,665 55,428
Rolta India, Ltd. 3,026 4,160
SAIC, Inc. 3,375 40,635
SMS Management & Technology, Ltd. 1,494 9,739
Syntel, Inc. 500 31,205
Tata Consultancy Services, Ltd. 1,202 29,434
Teradata Corp. (I) 1,000 75,410
The Hackett Group, Inc. (I) 1,000 4,180
The Western Union Company (L) 3,834 69,855
Tieto OYJ 537 9,295
TKC Corp. 200 4,073
TNS, Inc. (I) 400 5,980
Total Systems Services, Inc. 1,500 35,550
Travelsky Technology, Ltd., H Shares 12,000 6,363
Unisys Corp. (I) 500 10,410
VeriFone Systems, Inc. (I) 692 19,272
Virtusa Corp. (I) 200 3,554
Visa, Inc., Class A 2,800 375,984
Wipro, Ltd. 661 4,780
Wipro, Ltd., ADR (L) 1,666 14,911
Wire Card AG (I) 551 12,657
Wright Express Corp. (I) 300 20,916
Xchanging PLC (I) 4,028 7,434
 
    3,510,560
Office Electronics - 0.1%    
Ability Enterprise Company, Ltd. 2,000 1,806
Brother Industries, Ltd. 1,000 9,268
CANON, Inc. (L) 3,000 96,030
Konica Minolta Holdings, Inc. 4,000 30,722
Neopost SA 327 18,088
Ricoh Company, Ltd. (L) 4,000 33,741
Riso Kagaku Corp. 200 3,479
Toshiba TEC Corp. 1,000 4,406
Xerox Corp. 10,459 76,769
Zebra Technologies Corp., Class A (I) 500 18,770
 
    293,079

 

110

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Disciplined Diversification Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Semiconductors & Semiconductor Equipment - 1.5%  
Advanced Energy Industries, Inc. (I) 400 $ 4,928
Advanced Micro Devices, Inc. (I)(L) 4,400 14,828
Advanced Semiconductor Engineering, Inc. 14,060 10,756
Advantest Corp. 700 9,093
Aixtron SE NA 785 10,466
Altera Corp. 1,600 54,376
Amkor Technology, Inc. (I)(L) 2,800 12,320
Analog Devices, Inc. 2,020 79,164
Applied Materials, Inc. (L) 6,200 69,223
Applied Micro Circuits Corp. (I) 900 4,554
ARM Holdings PLC, ADR (L) 1,516 42,418
ASM International NV 872 29,390
ASM Pacific Technology, Ltd. 1,100 13,005
ASML Holding NV (I) 2,340 125,440
Atmel Corp. (I) 3,600 18,936
ATMI, Inc. (I) 400 7,428
Austriamicrosystems AG 167 16,711
Avago Technologies, Ltd. 1,581 55,122
AXT, Inc. (I) 800 2,704
BE Semiconductor Industries NV 812 5,869
Broadcom Corp., Class A (I) 2,200 76,076
Brooks Automation, Inc. (L) 1,100 8,833
Cabot Microelectronics Corp. (L) 300 10,542
Cirrus Logic, Inc. (I) 700 26,873
Cohu, Inc. 300 2,817
Cree, Inc. (I)(L) 1,100 28,083
CSR PLC 763 3,919
CSR PLC, ADR 103 2,088
Cymer, Inc. (I) 300 15,318
Cypress Semiconductor Corp. (I) 1,400 15,008
Dialog Semiconductor PLC (I) 447 8,725
Diodes, Inc. (I)(L) 700 11,907
Disco Corp. (L) 100 4,814
DSP Group, Inc. (I) 300 1,782
Elan Microelectronics Corp. 5,050 8,928
Entegris, Inc. (I) 1,700 13,821
Epistar Corp. 6,000 12,734
Exar Corp. (I) 600 4,800
Fairchild Semiconductor International, Inc. (I) 1,500 19,680
First Solar, Inc. (I)(L) 500 11,073
Forhouse Corp. 7,000 3,687
FormFactor, Inc. (I) 945 5,283
GCL-Poly Energy Holdings, Ltd. (L) 47,596 7,258
GSI Technology, Inc. (I) 800 3,960
GT Advanced Technologies Inc. (I)(L) 700 3,815
Hansol Technics Company, Inc. (I) 241 3,617
Hittite Microwave Corp. (I)(L) 300 16,641
Imagination Technologies Group PLC (I) 805 6,194
Infineon Technologies AG 2,691 17,075
Infineon Technologies AG, ADR (L) 1,444 9,299
Inotera Memories, Inc. (I) 13,000 2,245
Integrated Device Technology, Inc. (I)(L) 800 4,704
Integrated Silicon Solution, Inc. (I) 500 4,630
Intel Corp. 25,819 585,575
International Rectifier Corp. (I)(L) 900 15,021
Intersil Corp., Class A 1,600 14,000
IXYS Corp. (I) 300 2,976
KLA-Tencor Corp. 1,600 76,328
Kontron AG 927 4,131
Kulicke & Soffa Industries, Inc. (I) 1,200 12,480
Lam Research Corp. (I) 1,702 54,098
Linear Technology Corp. 1,259 40,099
LSI Corp. (I) 4,384 30,293
Macronix International 28,304 9,414
Marvell Technology Group, Ltd. 4,500 41,175

 

Disciplined Diversification Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Semiconductors & Semiconductor Equipment (continued)  
Maxim Integrated Products, Inc. 2,000 $ 53,240
MediaTek, Inc. 4,026 42,314
Mellanox Technologies, Ltd. (I) 228 23,704
Microchip Technology, Inc. 1,100 36,014
Micron Technology, Inc. (I) 9,700 58,055
Micronas Semiconductor Holding AG (I) 171 1,695
Microsemi Corp. (I) 900 18,063
Mindspeed Technologies, Inc. (I)(L) 200 692
MIPS Technologies, Inc. (I) 500 3,695
MKS Instruments, Inc. (L) 400 10,196
Monolithic Power Systems, Inc. (I) 300 5,925
MoSys, Inc. (I) 500 2,020
Nanometrics, Inc. (I)(L) 400 5,524
Nanya Technology Corp. (I) 27,181 1,581
Nordic Semiconductor ASA (I) 2,682 7,893
Novatek Microelectronics Corp., Ltd. 4,000 14,470
NVIDIA Corp. (I) 5,400 72,036
OmniVision Technologies, Inc. (I)(L) 600 8,373
ON Semiconductor Corp. (I) 3,200 19,744
OPTOTECH Corp. 9,000 4,036
Pericom Semiconductor Corp. (I) 400 3,474
Photronics, Inc. (I)(L) 1,000 5,370
PMC-Sierra, Inc. (I)(L) 1,900 10,716
Powertech Technology, Inc. 6,300 12,032
Realtek Semiconductor Corp. (I) 4,161 8,207
Renewable Energy Corp. ASA (I)(L) 5,803 1,787
RF Micro Devices, Inc. (I) 3,400 13,430
Richtek Technology Corp. 1,050 6,255
Rohm Company, Ltd. 700 23,558
Rubicon Technology, Inc. (I)(L) 400 3,832
Rudolph Technologies, Inc. (I) 600 6,300
Samsung Electronics Company, Ltd. 379 456,290
Sanken Electric Company, Ltd. 1,000 3,149
Semiconductor    
Manufacturing International Corp. (I) 265,000 9,525
Semtech Corp. (I) 400 10,060
Shinko Electric Industries Company, Ltd. 800 5,048
Sigma Designs, Inc. (I) 900 5,949
Sigurd Microelectronics Corp. 12,000 9,896
Silicon Image, Inc. (I) 400 1,836
Silicon Laboratories, Inc. (I) 400 14,704
Siliconware Precision Industries Company    
(Taiwan Exchange) 18,000 19,787
Siliconware Precision Industries    
Company, ADR 212 1,168
SK Hynix, Inc. (I) 1,570 31,885
Skyworks Solutions, Inc. (I) 1,100 25,922
SOITEC (I) 1,651 4,940
Sonix Technology Company, Ltd. 5,000 7,135
Spansion, Inc., Class A (I) 900 10,728
STMicroelectronics NV 3,889 21,035
Sumco Corp. (I) 900 6,059
Supertex, Inc. (I) 100 1,788
Taiwan Semiconductor    
Manufacturing Company, Ltd. 66,530 202,726
Teradyne, Inc. (I)(L) 1,912 27,189
Texas Instruments, Inc. 4,400 121,220
Tokyo Electron, Ltd. (L) 700 29,793
Tokyo Seimitsu Company, Ltd. 200 2,773
Tower Semiconductor, Ltd. (I) 152 1,329
TriQuint Semiconductor, Inc. (I) 2,600 13,130
Tyntek Corp. (I) 8,405 2,571
Ultra Clean Holdings (I) 400 2,284
Ultratech, Inc. (I) 200 6,276
ULVAC, Inc. (I) 300 2,265

 

111

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Disciplined Diversification Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Semiconductors & Semiconductor Equipment (continued)  
Unisem Malaysia BHD 50 $ 16
United Microelectronics Corp. 67,620 28,024
Veeco Instruments, Inc. (I) 600 18,012
Volterra Semiconductor Corp. (I) 300 6,561
Wolfson Microelectronics PLC (I) 1,312 4,236
Xilinx, Inc. 1,700 56,797
 
    3,504,887
Software - 1.5%    
Absolute Software Corp. (I) 200 940
Accelrys, Inc. (I) 100 866
ACI Worldwide, Inc. (I) 400 16,904
Activision Blizzard, Inc. (L) 3,100 34,968
Adobe Systems, Inc. (I) 2,484 80,631
Advent Software, Inc. (I) 400 9,828
ANSYS, Inc. (I)(L) 600 44,040
Ariba, Inc. (I) 700 31,360
Aspen Technology, Inc. (I) 646 16,699
Asseco Poland SA 707 9,883
Autodesk, Inc. (I) 1,400 46,718
Aveva Group PLC 375 11,939
Blackbaud, Inc. 700 16,744
BMC Software, Inc. (I) 900 37,341
Bottomline Technologies, Inc. (I)(L) 300 7,407
CA, Inc. 2,000 51,530
Cadence Design Systems, Inc. (I)(L) 2,100 27,017
CAPCOM Company, Ltd. 300 6,210
Citrix Systems, Inc. (I) 900 68,913
CommVault Systems, Inc. (I) 307 18,021
Computer Modelling Group, Ltd. 240 4,714
Compuware Corp. (I) 2,436 24,141
Concur Technologies, Inc. (I)(L) 700 51,611
Cyberlink Corp. 1,612 5,647
Dassault Systemes SA 135 14,222
Deltek, Inc. (I) 800 10,416
DTS Corp. 500 6,804
DuzonBlzon Company, Ltd. (I) 520 4,621
Ebix, Inc. (L) 600 14,166
Electronic Arts, Inc. (I) 2,800 35,532
EPIQ Systems, Inc. 400 5,368
ePlus, Inc. (I) 100 3,922
Exact Holdings NV 78 1,724
FactSet Research Systems, Inc. (L) 300 28,926
Fair Isaac Corp. 400 17,704
FalconStor Software, Inc. (I) 800 1,880
Fidessa Group PLC 252 5,989
Financial Technologies India, Ltd. 236 4,378
Fortinet, Inc. (I) 800 19,312
GameLoft SA (I) 440 2,927
Industrial & Financial Systems AB 283 4,745
Informatica Corp. (I) 600 20,886
Interactive Intelligence Group (I) 200 6,010
Intuit, Inc. 1,200 70,656
JDA Software Group, Inc. (I) 502 15,954
Kenexa Corp. (I) 200 9,166
Kingdee International Software    
Group Company, Ltd. (I) 12,000 2,478
Kingsoft Corp., Ltd. 12,000 7,547
Kofax PLC (I) 695 3,437
MacDonald Dettwiler & Associates, Ltd. 292 15,267
Manhattan Associates, Inc. (I) 115 6,586
Mentor Graphics Corp. (I) 1,500 23,220
Micro Focus International PLC (I) 430 4,093
MICROS Systems, Inc. (I) 500 24,560
Microsoft Corp. 30,508 908,528

 

Disciplined Diversification Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Software (continued)    
Monotype Imaging Holdings, Inc. 600 $ 9,354
NCSoft Corp. 98 20,890
Netscout Systems, Inc. (I) 600 15,306
NetSuite, Inc. (I) 597 38,089
NICE Systems, Ltd., ADR (I) 349 11,594
Nintendo Company, Ltd. 300 37,724
NSD Company, Ltd. 400 3,904
Nuance Communications, Inc. (I) 2,100 52,269
OBIC Business Consultants, Ltd. 50 2,833
Opnet Technologies, Inc. (L) 445 15,161
Oracle Corp. 15,854 499,242
Oracle Financial Services Software, Ltd. (I) 194 11,082
Parametric Technology Corp. (I) 1,200 26,160
PROS Holdings, Inc. (I) 700 13,349
Quest Software, Inc. (I) 800 22,400
Red Hat, Inc. (I) 1,285 73,168
Retalix, Ltd. (I) 527 10,976
RM PLC 1,719 2,294
Rosetta Stone, Inc. (I)(L) 300 3,825
Rovi Corp. (I) 900 13,059
Salesforce.com, Inc. (I) 500 76,345
SAP AG 1,012 71,762
SAP AG, ADR (L) 1,688 120,405
SCSK Corp. 220 3,861
SDL PLC 846 9,089
Seachange International, Inc. (I) 300 2,355
SimCorp A/S 51 10,899
SolarWinds, Inc. (I) 1,000 55,740
Solera Holdings, Inc. 500 21,935
Sourcefire, Inc. (I)(L) 200 9,806
Square Enix Company, Ltd. 400 6,102
SS&C Technologies Holdings, Inc. (I) 800 20,168
Symantec Corp. (I) 3,900 70,200
Synopsys, Inc. (I) 1,200 39,624
Take-Two Interactive Software, Inc. (I) 1,019 10,628
TeleCommunication Systems, Inc., Class A (I) 300 648
Temenos Group AG (I) 448 6,713
The Descartes Systems Group, Inc. (I) 600 5,255
The Sage Group PLC 8,218 41,679
TIBCO Software, Inc. (I) 800 24,184
Totvs SA 500 10,386
Trend Micro, Inc. 500 13,957
Tyler Technologies, Inc. (I) 500 22,010
UBISOFT Entertainment SA (I) 662 5,296
Unit 4 Agresso NV 323 8,727
Verint Systems, Inc. (I) 200 5,488
VMware, Inc., Class A (I) 400 38,696
 
    3,519,733
 
    21,715,010
Materials - 5.4%    
Chemicals - 2.1%    
A. Schulman, Inc. 500 11,910
Aeci, Ltd. 576 5,663
African Oxygen, Ltd. 1,477 3,369
Agrium, Inc. 600 62,252
Air Liquide SA 771 95,767
Air Products & Chemicals, Inc. (L) 1,024 84,685
Air Water, Inc. 1,000 12,245
Airgas, Inc. 800 65,840
Akzo Nobel NV 1,469 83,210
Albemarle Corp. 700 36,876
American Vanguard Corp. 200 6,960
Arkema SA 492 46,217

 

112

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Disciplined Diversification Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Chemicals (continued)    
Asahi Kasei Corp. 5,000 $ 25,804
Asahi Organic Chemicals    
Industry Company, Ltd. 3,000 7,174
Ashland, Inc. 900 64,440
Asia Polymer Corp. 2,400 2,268
Balchem Corp. 100 3,673
BASF SE 2,564 216,652
Batu Kawan BHD 1,600 9,421
Cabot Corp. 600 21,942
Capro Corp. 180 2,715
Celanese Corp., Series A 1,000 37,910
CF Industries Holdings, Inc. 638 141,789
Cheil Industries, Inc. 295 26,776
Chemtura Corp. (I) 1,400 24,108
China BlueChemical, Ltd., H Shares 18,000 10,559
China Lumena New Materials Corp. 26,000 4,573
China Manmade Fibers Corp. (I) 5,000 2,039
China Petrochemical Development Corp. 11,660 9,841
Chr Hansen Holding A/S 448 13,471
Ciech SA (I) 754 4,298
Clariant AG (I) 2,144 25,572
Coromandel International, Ltd. 62 341
Croda International PLC 768 30,122
Cytec Industries, Inc. 600 39,312
Daicel Corp. 2,000 11,988
Dainichiseika Color & Chemicals    
Manufacturing Company, Ltd. 1,000 4,432
DIC Corp. 3,000 4,855
Dongbu HiTek Company, Ltd. (I) 260 1,675
Dongyue Group 5,000 2,205
DuluxGroup, Ltd. 2,418 8,274
E.I. du Pont de Nemours & Company (L) 3,700 185,999
Eastman Chemical Company 1,144 65,219
Ecolab, Inc. 1,300 84,253
EID Parry India, Ltd. 32 139
Elementis PLC 3,596 13,506
Eternal Chemical Company, Ltd. 9,922 8,419
Everlight Chemical Industrial Corp. 10,395 6,906
Fertilizantes Heringer SA (I) 200 1,410
Filtrona PLC 3,088 25,728
FMC Corp. 1,000 55,380
Formosa Chemicals & Fibre Corp. 8,390 22,436
Formosa Plastics Corp. 13,470 38,403
Frutarom Industries, Ltd. 570 5,606
Fuchs Petrolub AG 145 8,673
Fufeng Group, Ltd. (I) 10,000 3,301
Georgia Gulf Corp. (L) 300 10,866
Givaudan AG (I) 43 40,860
Grand Pacific Petrochemical Corp. 14,000 7,588
Gurit Heberlein AG (I) 8 3,952
H&R AG 165 2,776
H.B. Fuller Company 600 18,408
Hanwha Chemical Corp. 600 11,439
Hanwha Corp. 530 16,402
Hawkins, Inc. (L) 200 8,310
Hexpol AB 75 2,911
Hitachi Chemical, Ltd. 400 5,403
Ho Tung Chemical Corp. (I) 10,035 5,530
Honam Petrochemical Corp. 57 13,494
Huchems Fine Chemical Corp. 244 5,893
Huntsman Corp. 2,000 29,860
Hyosung Corp. 255 14,200
Incitec Pivot, Ltd. 9,678 29,748
Innophos Holdings, Inc. 100 4,849
International Flavors & Fragrances, Inc. 500 29,790

 

Disciplined Diversification Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Chemicals (continued)    
Intrepid Potash, Inc. (I) 600 $ 12,888
Israel Chemicals, Ltd. 1,355 16,446
Jinchuan Group International    
Resources Company, Ltd. (I) 7,000 1,440
Johnson Matthey PLC 1,155 45,099
JSR Corp. 800 13,113
K&S AG 621 30,600
Kansai Paint Company, Ltd. 2,000 22,033
Kanto Denka Kogyo Company, Ltd. (I) 1,000 1,600
Kolon Corp. 64 1,185
Kolon Industries, Inc. 208 11,446
Koninklijke DSM NV 1,063 53,139
KP Chemical Corp. 820 9,658
Kraton Performance Polymers, Inc. (I) 400 10,440
Kronos Worldwide, Inc. 400 5,976
Kumho Petrochemical Company, Ltd. 90 9,909
Kuraray Company, Ltd. 1,800 20,448
Kureha Corp. 1,000 3,972
Landec Corp. (I) 300 3,435
Lanxess AG 523 43,418
Lee & Man Chemical Company, Ltd. 2,000 931
LG Chem, Ltd. 142 42,020
Linde AG 632 108,962
Lintec Corp. 100 1,821
LSB Industries, Inc. (I) 200 8,774
LyondellBasell Industries NV, Class A 773 39,933
Methanex Corp. 800 22,826
Mexichem SAB de CV 4,727 22,545
Migao Corp. 1,200 3,601
Minerals Technologies, Inc. 200 14,186
Mitsubishi Chemical Holdings Corp. 8,000 30,626
Mitsubishi Gas & Chemicals Company, Inc. 1,000 5,019
Mitsui Chemicals, Inc. 6,000 11,679
Monsanto Company 2,500 227,550
Nan Ya Plastics Corp. 14,870 29,686
NewMarket Corp. 100 24,648
Nissan Chemical Industries, Ltd. 1,000 11,180
Nitto Denko Corp. 600 28,575
NOF Corp. 1,000 4,816
Novozymes A/S, B shares 902 24,880
Nufarm, Ltd. 1,560 9,786
Nuplex Industries, Ltd. 4,080 9,734
OCI Company, Ltd. 93 14,961
Okamoto Industries, Inc. 2,000 8,430
Olin Corp. (L) 760 16,515
Omnia Holdings, Ltd. 85 1,276
OMNOVA Solutions, Inc. (I) 1,200 9,084
Orica, Ltd. 1,427 36,675
Penford Corp. (I) 100 748
Petronas Chemicals Group BHD 2,800 5,857
PolyOne Corp. 1,200 19,884
Potash Corp. of Saskatchewan, Inc. 2,200 95,622
PPG Industries, Inc. 700 80,388
Praxair, Inc. 1,199 124,552
PTT Global Chemical PCL 5,614 11,491
Quaker Chemical Corp. 100 4,667
Rockwood Holdings, Inc. 600 27,960
RPM International, Inc. 1,300 37,102
Sakai Chemical Industry Company, Ltd. 1,000 2,934
Samsung Fine Chemicals Company, Ltd. 232 13,902
Sanyo Chemical Industries, Ltd. 1,000 5,154
Sensient Technologies Corp. 300 11,028
Shin-Etsu Chemical Company, Ltd. 1,300 73,079
Showa Denko KK 5,000 7,938
Sigma-Aldrich Corp. (L) 800 57,576

 

113

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Disciplined Diversification Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Chemicals (continued)    
Sika AG (I) 13 $ 26,546
Sinofert Holdings, Ltd. 34,000 6,628
SK Chemicals Company, Ltd. 103 6,025
Sociedad Quimica y Minera de    
Chile SA, ADR (L) 243 14,979
Solvay SA 301 34,951
Spartech Corp. (I) 400 2,140
Stella Chemifa Corp. 200 3,773
Stepan Company 100 9,612
Sumitomo Chemical Company, Ltd. (L) 8,645 22,023
Symrise AG 434 14,704
Syngenta AG 18 6,727
Syngenta AG, ADR (L) 1,485 111,152
Synthos SA 9,279 16,563
Taekwang Industrial Company, Ltd. 5 4,257
Taiyo Holdings Company, Ltd. 100 2,782
Taiyo Nippon Sanso Corp. 2,000 10,526
Takasago International Corp. 1,000 5,144
Teijin, Ltd. 6,000 14,674
Tessenderlo Chemie NV 221 6,203
Tessenderlo Chemie NV (I) 18 1
The Dow Chemical Company 7,076 204,921
The Mosaic Company 1,500 86,415
The Scotts Miracle-Gro Company, Class A (L) 500 21,735
The Sherwin-Williams Company 1,000 148,910
Tikkurila OYJ 323 6,139
Toda Kogyo Corp. 1,000 3,527
Tokai Carbon Company, Ltd. 2,000 6,055
Tokuyama Corp. (L) 2,000 4,097
Toray Industries, Inc. 4,000 23,666
Ube Industries, Ltd. 5,000 10,756
United Phosphorus, Ltd. 3,143 7,800
Uralkali OJSC, GDR 899 37,360
Valspar Corp. 1,100 61,710
Victrex PLC 784 16,769
W.R. Grace & Company (I) 500 29,540
Wacker Chemie AG (L) 99 6,362
Westlake Chemical Corp. (L) 1,000 73,060
Yara International ASA 496 24,911
Yingde Gases 9,000 7,958
Yushiro Chemical Industry Company, Ltd. 300 3,005
Zep, Inc. 400 6,048
Zoltek Companies, Inc. (I)(L) 800 6,152
 
    4,844,032
Construction Materials - 0.4%    
ACC, Ltd. 460 12,793
Adana Cimento Sanayii TAS, Class A 1,960 3,730
Adelaide Brighton, Ltd. 4,590 14,253
Ambuja Cements, Ltd. 4,724 18,087
Anhui Conch Cement Company, Ltd.,    
H Shares 7,500 23,279
Boral, Ltd. 4,267 16,926
Buzzi Unicem SpA 1,110 12,332
Cementir SpA 447 893
Cementos Portland Valderrivas SA (I) 444 2,192
Cemex SAB de CV, ADR (I) 9,683 80,659
Chia Hsin Cement Corp. 15,149 7,589
China National Building Material    
Company, Ltd., H Shares 20,000 22,006
China Shanshui Cement Group, Ltd. 20,000 13,010
Corp Moctezuma SAB de CV 4,000 8,779
CRH PLC 3,666 70,387
Eagle Materials, Inc. 700 32,382
Fletcher Building, Ltd. 3,415 19,662

 

Disciplined Diversification Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Construction Materials (continued)    
Goldsun Development &    
Construction Company, Ltd. 20,786 $ 8,305
Grasim Industries, Ltd. 106 7,086
Hanil Cement Company, Ltd. 6 218
Headwaters, Inc. (I) 1,000 6,580
HeidelbergCement AG 936 49,142
Holcim Indonesia Tbk PT 28,500 8,462
Holcim, Ltd. (I) 1,304 83,038
Imerys SA 268 15,781
India Cements, Ltd. 2,973 5,321
Indocement Tunggal Prakarsa Tbk PT 5,500 11,680
Italcementi SpA 699 3,692
James Hardie Industries NV (L) 700 31,682
Lafarge Malayan Cement BHD 1,200 3,469
Lafarge SA 1,192 64,470
Martin Marietta Materials, Inc. (L) 400 33,148
Nuh Cimento Sanayi AS 584 3,147
Pretoria Portland Cement Company, Ltd. 4,312 15,026
RHI AG 89 2,371
Sa des Ciments Vicat 137 7,349
Semen Gresik Persero Tbk PT 10,500 15,766
Shree Cement, Ltd. 150 11,334
Taiheiyo Cement Corp. 6,000 12,908
Taiwan Cement Corp. 13,740 16,995
TCC International Holdings, Ltd. (I) 10,000 2,467
Texas Industries, Inc. (I) 400 16,260
Titan Cement Company SA (I) 454 8,772
Ultratech Cement, Ltd. 431 15,992
United States Lime & Minerals, Inc. (I) 100 4,821
Universal Cement Corp. 11,000 5,529
Vulcan Materials Company 1,300 61,490
 
    891,260
Containers & Packaging - 0.2%    
AEP Industries, Inc. (I) 200 12,118
Amcor, Ltd. 6,271 50,344
AMVIG Holdings, Ltd. 4,000 1,191
Aptargroup, Inc. (L) 644 33,301
Ball Corp. 800 33,848
Bemis Company, Inc. 900 28,323
Boise, Inc. 1,250 10,950
Cascades, Inc. 500 2,324
CCL Industries, Inc. 500 18,472
Cheng Loong Corp. 5,200 2,105
Crown Holdings, Inc. (I) 700 25,725
D.S. Smith PLC 8,104 24,391
Fajar Surya Wisesa Tbk PT 24,000 6,019
Graphic Packaging Holding Company (I) 5,047 29,323
Greif, Inc., Class A 300 13,254
Huhtamaki OYJ 687 10,962
Intertape Polymer Group, Inc. 2,100 14,397
La Seda de Barcelona SA (I) 106 220
Mpact, Ltd. 1,967 4,469
Myers Industries, Inc. 300 4,686
Nampak, Ltd. 4,542 15,619
Nihon Yamamura Glass Company, Ltd. 2,000 4,766
Owens-Illinois, Inc. (I) 1,800 33,768
Packaging Corp. of America 600 21,780
Rexam PLC 7,165 50,449
Rock-Tenn Company, Class A 608 43,885
RPC Group PLC 2,000 13,777
Sealed Air Corp. 1,700 26,282
Silgan Holdings, Inc. 600 26,106
Sonoco Products Company 1,000 30,990
Taiwan Hon Chuan Enterprise Company, Ltd. 3,000 6,557

 

114

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Disciplined Diversification Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Containers & Packaging (continued)    
Toyo Seikan Kaisha, Ltd. 1,100 $ 11,762
Vidrala SA 144 3,526
 
    615,689
Internet Software & Services - 0.0%    
G-Resources Group, Ltd. (I) 84,000 3,621
Metals & Mining - 2.4%    
A. M. Castle & Company (I)(L) 200 2,498
Acerinox SA (I)(L) 1,123 12,643
African Rainbow Minerals, Ltd. 594 11,646
Agnico-Eagle Mines, Ltd. 800 41,501
Aichi Steel Corp. 1,000 4,042
AK Steel Holding Corp. (I)(L) 1,500 7,200
Alcoa, Inc. (L) 9,000 79,650
Allegheny Technologies, Inc. (L) 845 26,956
Allied Nevada Gold Corp. (I)(L) 825 32,225
Alumina, Ltd. (I) 18,167 15,828
Aluminum Corp. of China, Ltd., H Shares (I) 8,000 3,257
AMCOL International Corp. 100 3,388
Aneka Tambang Persero Tbk PT 33,000 4,631
Angang Steel Company, Ltd., H Shares (I) 10,000 5,126
Anglo American Platinum, Ltd. (I) 276 14,212
Anglo American PLC 5,693 167,586
AngloGold Ashanti, Ltd., ADR 1,100 38,555
Antofagasta PLC 1,948 39,880
APERAM 208 3,371
Aquarius Platinum, Ltd. (I) 2,324 1,573
ArcelorMittal 3,070 44,261
ArcelorMittal South Africa, Ltd. (I) 1,545 7,623
Arrium, Ltd. 9,891 5,528
Assore, Ltd. 264 10,465
Aura Minerals, Inc. (I) 1,715 733
AuRico Gold, Inc. (I) 1,784 12,539
Aurizon Mines, Ltd. (I) 1,500 7,873
Aurubis AG 323 18,848
Barrick Gold Corp. 3,662 153,021
BHP Billiton PLC (L) 3,317 207,180
BHP Billiton, Ltd. 2,506 85,864
BHP Billiton, Ltd., ADR (L) 4,360 299,140
BlueScope Steel, Ltd. (I) 25,405 10,850
Boliden AB 2,677 44,813
Canam Group, Inc. (I) 100 514
CAP SA 412 14,357
Carpenter Technology Corp. 400 20,928
Centerra Gold, Inc. 800 10,017
Century Aluminum Company (I) 1,600 11,440
China Metal Recycling Holdings, Ltd. (L) 7,800 7,201
China Molybdenum Company, Ltd.,    
H Shares (I) 18,000 7,730
China Rare Earth Holdings, Ltd. 22,000 4,876
China Steel Corp. 41,831 37,953
China Zhongwang Holdings, Ltd. (I) 11,600 4,362
Chung Hung Steel Corp. (I) 7,450 2,130
Cia Minera Autlan SAB de CV, Series B 400 449
Cliffs Natural Resources, Inc. (L) 1,300 50,869
Cline Mining Corp. (I) 2,400 549
Coeur d’Alene Mines Corp. (I) 700 20,181
Colossus Minerals, Inc. (I) 1,100 6,277
Commercial Metals Company 1,700 22,440
Companhia Siderurgica Nacional SA, ADR (L) 3,950 22,239
Compania de Minas Buenaventura SA, ADR 693 26,999
Compass Minerals International, Inc. 400 29,836
CST Mining Group, Ltd. (I) 240,000 3,589
Daido Steel Company, Ltd. 2,000 9,295
Detour Gold Corp. (I) 400 11,161

 

Disciplined Diversification Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Metals & Mining (continued)    
Dowa Holdings Company, Ltd. 2,000 $ 13,855
DRDGOLD, Ltd. 8,960 5,801
Dundee Precious Metals, Inc. (I) 1,300 12,166
Eastern Platinum, Ltd. (I) 26,100 4,779
Eldorado Gold Corp. 2,834 43,212
Eramet 36 4,238
Eregli Demir ve Celik Fabrikalari TAS 5,799 7,140
Eurasian Natural Resources Corp. PLC 1,380 6,916
Evraz PLC 2,142 8,564
First Majestic Silver Corp (I) 200 4,642
First Quantum Minerals, Ltd. 1,800 38,358
Fortescue Metals Group, Ltd. (L) 3,428 12,249
Fortuna Silver Mines, Inc. (I) 800 4,240
Franco-Nevada Corp. (L) 500 29,473
Freeport-McMoRan Copper & Gold, Inc. 4,700 186,026
Fresnillo PLC 759 22,812
Gem Diamonds, Ltd. (I) 3,004 8,443
Gerdau SA 9 71
Gerdau SA, ADR (L) 3,700 35,187
Globe Specialty Metals, Inc. 858 13,059
Godo Steel, Ltd. 3,000 4,955
Gold Fields, Ltd., ADR 3,655 46,967
Goldcorp, Inc. (Toronto Exchange) 3,233 148,446
Golden Star Resources, Ltd. (I)(L) 1,500 3,006
Great Basin Gold, Ltd. (I) 5,000 407
Grupo Mexico SAB de CV, Series B 15,008 49,600
Guyana Goldfields, Inc. (I) 396 1,337
Harmony Gold Mining Company, Ltd., ADR 1,902 15,996
Harry Winston Diamond Corp. (I) 200 2,378
Haynes International, Inc. 100 5,215
Hecla Mining Company (L) 3,200 20,960
Hidili Industry International Development, Ltd. 13,000 3,119
High River Gold Mines, Ltd. (I) 419 605
Hill & Smith Holdings PLC 125 749
Hindalco Industries, Ltd. 7,917 18,072
Hitachi Metals, Ltd. 1,000 8,805
Hoganas AB 200 6,970
Horsehead Holding Corp. (I) 700 6,538
HudBay Minerals, Inc. 1,080 10,634
Hunan Nonferrous Metal Corp., Ltd.,    
H Shares (I) 12,000 3,397
Hyundai Hysco Company, Ltd. 300 12,675
Hyundai Steel Company 304 23,878
IAMGOLD Corp. 2,000 31,716
Iluka Resources, Ltd. 1,855 18,730
Impala Platinum Holdings, Ltd. 2,297 38,406
Independence Group NL 1,343 5,859
Industrias CH SAB de CV, Series B (I) 2,500 14,916
Industrias Penoles SAB de CV 590 29,106
Inmet Mining Corp. 300 14,260
Integra Mining, Ltd. (I) 5,144 2,982
International Tower Hill Mines, Ltd. (I) 1,100 3,144
Ivanhoe Australia, Ltd. (I) 2,621 1,826
Jaguar Mining, Inc. (I)(L) 600 732
JFE Holdings, Inc. 2,000 26,366
Jiangxi Copper Company Ltd. (I) 9,000 22,650
Jindal Steel & Power, Ltd. 1,814 14,626
JSW Steel, Ltd. 631 9,033
Kagara, Ltd. (I) 15,000 1,867
Kaiser Aluminum Corp. 100 5,839
Kardemir Karabuk Demir Celik Sanayi ve    
Ticaret AS, Class D 6,724 4,383
Katanga Mining, Ltd. (I) 1,200 525
Kazakhmys PLC 1,137 12,786
KGHM Polska Miedz SA 649 31,015

 

115

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Disciplined Diversification Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Metals & Mining (continued)    
Kingsgate Consolidated, Ltd. 682 $ 4,225
Kinross Gold Corp. 6,178 63,219
Kirkland Lake Gold, Inc. (I) 100 1,212
KISCO Corp. 35 1,024
KISCO Holdings Company, Ltd. 10 337
Kobe Steel, Ltd. (I) 17,000 13,276
Korea Zinc Company, Ltd. 37 16,124
Kumba Iron Ore, Ltd. 205 12,406
Lake Shore Gold Corp. (I)(L) 2,500 2,518
Lingbao Gold Company, Ltd., H Shares 4,000 1,784
Lion Industries Corp. BHD 17,400 6,143
Lonmin PLC (L) 1,319 11,929
Lundin Mining Corp. (I) 3,005 15,344
MAG Silver Corp. (I) 1,100 13,472
Magnitogorsk Iron & Steel Works, GDR (I) 911 4,191
Major Drilling Group International 300 3,064
Materion Corp. (L) 300 7,140
Mechel, ADR (L) 500 3,520
Medusa Mining, Ltd. 1,338 8,300
Mercator Minerals, Ltd. (I) 2,600 1,613
Midas Holdings, Ltd. 12,000 4,088
Minera Andes Acquisition Corp. (I) 1,530 7,081
Minera Frisco SAB de CV, Class A1 (I) 5,300 22,420
Mitsubishi Materials Corp. 6,000 18,896
MMC Norilsk Nickel OJSC, ADR (London    
Stock Exchange) 3,607 57,835
Molycorp, Inc. (I)(L) 875 10,063
Mount Gibson Iron, Ltd. 2,570 1,981
Mytilineos Holdings SA (I) 2,024 7,932
National Aluminium Company, Ltd. 5,523 5,299
New Gold, Inc (I) 2,600 31,869
Newcrest Mining, Ltd. 3,050 90,654
Newmont Mining Corp. 2,500 140,025
Nippon Coke & Engineering Company, Ltd. 3,500 4,395
Nippon Light Metal Company, Ltd. 3,000 2,922
Nippon Steel Corp. (L) 23,000 47,112
Nippon Yakin Kogyo Company, Ltd. (I) 500 447
Nisshin Steel Company, Ltd. (I) 700 7,491
Noranda Aluminum Holding Corp. (L) 1,000 6,690
Nordic Mines AB (I) 784 1,063
Norsk Hydro ASA 5,320 25,002
North American Palladium, Ltd. (I) 200 380
Northam Platinum, Ltd. (I) 2,901 10,402
Northern Dynasty Minerals, Ltd. (I) 500 2,314
Novacopper, Inc. (I) 150 330
Novagold Resources, Inc. (I) 900 5,026
Novolipetsk Steel OJSC, GDR 400 7,920
Nucor Corp. 3,048 116,616
Nyrstar (I) 1,073 6,774
Nyrstar (I) 441 1
OceanaGold Corp. (I) 3,000 9,948
OSAKA Titanium Technologies Company 100 2,050
Osisko Mining Corp. (I) 1,400 13,870
Outokumpu OYJ (I) 11,376 12,130
OZ Minerals, Ltd. 1,737 12,081
Palabora Mining Company, Ltd. 99 1,059
Pan American Silver Corp. 762 16,339
Pan Australian Resources, Ltd. 4,050 12,778
Panoramic Resources, Ltd. (I) 4,562 2,553
Petropavlovsk PLC 879 5,829
Polymetal International PLC 1,050 18,458
Poongsan Corp. 230 7,168
POSCO, ADR (L) 1,036 84,475
Randgold Resources, Ltd. 381 46,920
Rautaruukki OYJ 824 5,187

 

Disciplined Diversification Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Metals & Mining (continued)    
Regis Resources, Ltd. (I) 3,549 $ 20,756
Reliance Steel & Aluminum Company 900 47,115
Resolute Mining, Ltd. (I) 6,735 13,393
Rex Minerals, Ltd. (I) 1,663 1,029
Rio Tinto PLC, ADR 4,676 218,650
Rio Tinto, Ltd. 1,344 73,735
Royal Gold, Inc. 500 49,930
RTI International Metals, Inc. (I)(L) 400 9,576
Rubicon Minerals Corp. (I) 2,300 8,633
Ruukki Group OYJ (I) 3,552 2,191
Sabina Gold & Silver Corp. (I) 1,600 5,338
Sanyo Special Steel Company, Ltd. 1,000 3,054
SeAH Holdings Corp. 19 1,708
SEMAFO, Inc. 1,800 8,221
Sesa Goa, Ltd. 2,752 8,913
Severstal OAO, GDR 645 8,069
Sherritt International Corp. 3,300 16,717
Shore Gold, Inc. (I) 1,200 305
Shougang Concord International    
Enterprises Company, Ltd. (I) 12,000 547
Shougang Fushan Resources Group, Ltd. 16,000 4,271
Silver Lake Resources, Ltd. (I) 946 3,539
Silver Standard Resources, Inc. (I) 600 9,655
Silver Wheaton Corp. 1,200 47,702
Sims Metal Management, Ltd. 789 7,773
Southern Copper Corp. 707 24,293
SSAB AB, Series A 1,479 10,556
SSAB AB, Series B 470 2,904
St Andrew Goldfields, Ltd. (I) 4,000 1,790
St. Barbara, Ltd. (I) 1,706 3,821
Steel Authority of India, Ltd. 3,771 6,114
Steel Dynamics, Inc. 2,400 26,952
Sterlite Industries India Ltd 4,944 9,289
Sterlite Industries India, Ltd., ADR 1,100 8,349
Stillwater Mining Company (I) 1,100 12,969
Straits Metals, Ltd. (I) 839 77
Sumitomo Metal Industries, Ltd. (I)(L) 12,000 17,991
Sumitomo Metal Mining Company, Ltd. 3,000 37,622
SunCoke Energy, Inc. (I) 685 11,042
Tanzanian Royalty Exploration Corp. (I) 1,900 9,760
Taseko Mines, Ltd. (I) 900 2,984
Tata Steel, Ltd. 2,299 17,404
Teck Resources, Ltd. 2,100 61,968
Thompson Creek Metals Company, Inc. (I)(L) 1,300 3,703
ThyssenKrupp AG 2,260 48,119
Timah Persero Tbk PT 35,500 5,714
Timminco, Ltd. (I) 300 1
Titanium Metals Corp. (L) 1,400 17,962
Toho Titanium Company, Ltd. 200 1,811
Toho Zinc Company, Ltd. 1,000 3,507
Tokyo Rope    
Manufacturing Company, Ltd. (I)(L) 4,000 4,763
Tokyo Steel Manufacturing Company, Ltd. 900 3,030
Ton Yi Industrial Corp. 10,500 6,091
Tubos Reunidos SA 599 1,462
Tung Ho Steel Enterprise Corp. 3,212 3,268
Turquoise Hill Resources, Ltd. (I) 1,020 8,684
Umicore SA 650 34,084
United States Steel Corp. (L) 1,200 22,884
Usha Martin, Ltd. (I) 2,314 1,111
Usinas Siderurgicas de Minas Gerais SA 1,400 8,025
Vale Indonesia Tbk PT 24,000 7,360
Vale SA (Ordinary A Shares), ADR (L) 5,600 100,240
Vale SA (Preference A Shares), ADR (L) 8,800 152,768
Vedanta Resources PLC (L) 761 12,724

 

116

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Disciplined Diversification Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Metals & Mining (continued)    
Viohalco Hellenic Copper and    
Aluminum Industry SA (I) 1,796 $ 7,606
Voestalpine AG 608 18,268
Walter Energy, Inc. 500 16,230
Welspun Corp, Ltd. 1,168 2,239
Western Areas NL 1,453 6,396
White Energy Company, Ltd.- Australian    
Stock Exchange (I) 652 222
Worthington Industries, Inc. 800 17,328
Xingda International Holdings, Ltd. 14,000 4,385
Xinjiang Xinxin Mining Industry    
Company, Ltd., H Shares 3,000 540
Xstrata PLC (I) 11,554 179,301
Yamana Gold, Inc. 3,400 64,950
Yamato Kogyo Company, Ltd. 300 8,847
Yancoal Australia, Ltd. (I) 1,226 1,499
Yancoal Australia, Ltd. (I) 1,226 3,215
YC INOX Company, Ltd. 8,000 4,740
Young Poong Corp. 8 7,994
Zijin Mining Group Company, Ltd., H Shares 10,000 4,023
 
    5,613,118
Paper & Forest Products - 0.3%    
Ahlstrom OYJ 478 8,121
Barito Pacific Tbk PT (I) 49,500 2,532
Billerud AB (L) 600 5,606
Buckeye Technologies, Inc. 300 9,618
Canfor Corp. (I) 1,200 15,905
Canfor Pulp Products, Inc. 371 3,438
Clearwater Paper Corp. (I)(L) 400 16,524
Daio Paper Corp. 1,000 6,191
Deltic Timber Corp. 100 6,526
Domtar Corp. 400 31,316
Duratex SA 2,748 18,015
Empresas CMPC SA 5,327 20,787
Ence Energia y Celulosa SA 834 1,859
Fibria Celulose SA, ADR (I)(L) 1,104 10,311
Gunns, Ltd. (I) 11,710 1,943
Hansol Paper Company, Ltd. 970 8,132
Holmen AB, Series B 626 17,106
Indah Kiat Pulp and Paper Corp. Tbk PT (I) 38,500 4,096
International Forest Products, Ltd. (I) 300 1,800
International Paper Company 2,827 102,677
KapStone Paper and Packaging Corp. (I) 600 13,434
Lee & Man Paper Manufacturing, Ltd. 10,600 4,599
Louisiana-Pacific Corp. (I) 1,900 23,750
Masisa SA 76,248 7,651
MeadWestvaco Corp. 1,555 47,583
Mercer International, Inc. (I) 900 6,714
Metsa Board OYJ (I) 5,400 16,209
Mitsubishi Paper Mills, Ltd. (I) 2,000 1,710
Mondi PLC 1,385 14,140
Neenah Paper, Inc. 500 14,320
Nine Dragons Paper Holdings, Ltd. 16,000 8,080
Nippon Paper Group, Inc. (L) 800 9,434
Norbord, Inc. (I) 60 1,062
OJI Paper Company, Ltd. 6,000 18,287
P.H. Glatfelter Company (L) 800 14,248
Portucel - Empresa Produtora de Pasta    
e Papel SA 3,115 8,322
Sappi, Ltd., ADR (I) 3,600 10,296
Schweitzer-Mauduit International, Inc. 200 6,598
Semapa-Sociedade de Investimento & Gestao 1,179 7,563
Sequana SA (I) 1,065 2,191
Sino-Forest Corp. (I)(L) 2,300 0

 

Disciplined Diversification Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Paper & Forest Products (continued)    
Sonae Industria SGPS SA (I) 2,576 $ 1,840
Stora Enso OYJ, Series R 3,514 21,824
Svenska Cellulosa AB (A Shares) 349 6,511
Svenska Cellulosa AB (B Shares) 3,599 66,983
Tokushu Tokai Paper Company, Ltd. 3,000 7,646
UPM-Kymmene OYJ 2,812 31,901
Wausau Paper Corp. (L) 400 3,704
West Fraser Timber Company, Ltd. 300 17,070
 
    686,173
 
    12,653,893
Telecommunication Services - 2.6%    
Diversified Telecommunication Services - 1.7%    
AT&T, Inc. 29,095 1,096,882
Atlantic Tele-Network, Inc. 200 8,596
Axtel SAB de CV (I) 14,800 3,679
BCE, Inc. 1,062 46,721
Belgacom SA 803 24,533
Bell Aliant, Inc. (L) 472 13,102
Bezeq The    
Israeli Telecommunication Corp., Ltd. 5,098 5,925
BT Group PLC (L) 3,654 135,929
Cable & Wireless Communications PLC 17,566 10,248
Cbeyond, Inc. (I) 300 2,958
CenturyLink, Inc. 4,165 168,266
China Telecom Corp., Ltd., ADR (L) 320 18,550
China Unicom Hong Kong, Ltd., ADR 3,577 58,341
Chorus, Ltd. 786 2,112
Chunghwa Telecom Company, Ltd., ADR 870 27,623
Cincinnati Bell, Inc. (I)(L) 2,600 14,820
Citic 21CN Company, Ltd. (I) 36,000 1,834
Citic Telecom International Holdings, Ltd. 14,000 2,743
Colt Telecom Group SA (I) 4,670 8,998
Consolidated    
Communications Holdings, Inc. (L) 487 8,380
Deutsche Telekom AG 11,200 137,836
Elisa OYJ, Class A 806 18,243
France Telecom SA 4,956 59,914
France Telecom SA, ADR (L) 2,398 29,304
Frontier Communications Corp. (L) 9,122 44,698
General Communication, Inc., Class A (I) 1,000 9,800
Hellenic    
Telecommunications Organization SA (I) 1,308 4,910
IDT Corp., Class B 500 5,135
iiNET, Ltd. 1,376 5,242
Iliad SA 103 16,785
Inmarsat PLC 3,801 36,306
Iridium Communications, Inc. (I)(L) 1,092 7,993
Jazztel PLC (I) 1,715 10,221
Kcom Group PLC 10,565 14,028
Koninklijke KPN NV 4,800 36,748
Level 3 Communications, Inc. (I) 1,253 28,781
LG Uplus Corp. 650 4,247
Lumos Networks Corp. 200 1,572
Mahanagar Telephone Nigam, Ltd. (I) 2 1
Manitoba Telecom Services, Inc. 100 3,433
Netia SA (I) 2,567 4,928
Neutral Tandem, Inc. (I) 300 2,814
Nippon Telegraph & Telephone Corp. 1,400 66,432
Oi SA 1,056 5,167
Oi SA, ADR (L) 1,731 6,959
Oi SA, Series C, ADR 168 833
PCCW, Ltd. 34,000 13,874
Portugal Telecom SGPS SA 4,625 22,911

 

117

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Disciplined Diversification Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Diversified Telecommunication Services (continued)  
Premiere Global Services, Inc. (I)(L) 1,100 $ 10,285
Primus Telecommunications Group, Inc. 323 4,932
QSC AG 2,321 6,309
Singapore Telecommunications, Ltd. 28,000 72,892
Swisscom AG 63 25,346
TalkTalk Telecom Group PLC 5,942 17,813
Tata Communications, Ltd. 396 1,828
TDC A/S 181 1,319
Tele2 AB, Series B 1,694 30,796
Telecom Corp. of New Zealand, Ltd. 3,933 7,748
Telecom Italia SpA 29,174 29,316
Telefonica Brasil SA 600 11,895
Telefonica Brasil SA, ADR (L) 795 17,283
Telefonica Czech Republic AS (I) 718 14,518
Telefonica SA (I) 1,104 14,721
Telefonica SA, ADR (L) 9,743 129,387
Telekom Austria AG 1,428 10,103
Telekomunikacja Polska SA 1,838 9,443
Telekomunikasi Indonesia Tbk PT, ADR 775 30,171
Telenet Group Holding NV (I)(L) 345 15,428
Telenor ASA 2,491 48,621
TeliaSonera AB 8,751 63,083
Telkom SA, Ltd., ADR (I) 800 6,744
Telstra Corp., Ltd. 13,157 53,375
TELUS Corp., Non-Voting Shares 573 35,845
Total Access Communication PCL,    
Foreign Shares 6,300 18,933
True Corp. PCL (I) 34,600 6,857
Turk Telekomunikasyon AS 2,270 9,046
tw telecom, Inc. (I) 1,600 41,712
Verizon Communications, Inc. 16,538 753,637
Vivendi SA 4,626 90,449
Windstream Corp. (L) 5,085 51,409
Xl Axiata Tbk PT 2,500 1,734
 
    3,902,333
Wireless Telecommunication Services - 0.9%    
Advanced Info Service PCL 3,000 20,858
Allied Technologies, Ltd. 499 2,608
America Movil SAB de CV, Series L, ADR 6,024 153,251
Axiata Group BHD 6,300 13,387
Bakrie Telecom Tbk PT (I) 471,000 3,697
Bharti Airtel, Ltd. 996 5,017
Cellcom Israel, Ltd. (I) 473 4,038
China Mobile, Ltd., ADR 4,600 254,656
Crown Castle International Corp. (I) 1,200 76,920
DiGi.Com BHD 11,000 18,981
Drillisch AG 987 11,991
eAccess, Ltd. 18 3,438
ENTEL Chile SA 567 11,821
Far EasTone    
Telecommunications Company, Ltd. 9,000 22,263
Freenet AG 1,164 18,996
Globe Telecom, Inc. 330 9,150
Idea Cellular, Ltd. (I) 4,368 7,078
Indosat Tbk PT 6,000 3,388
Indosat Tbk PT, ADR 131 3,680
KDDI Corp. 900 69,733
Leap Wireless International, Inc. (I) 1,400 9,548
Maxis BHD 6,700 15,165
MetroPCS Communications, Inc. (I) 2,900 33,959
Millicom International Cellular SA 182 16,898
Mobistar SA (I) 176 5,553
MTN Group, Ltd. 5,855 112,772
NII Holdings, Inc. (I)(L) 1,300 10,205

 

Disciplined Diversification Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Wireless Telecommunication Services (continued)    
NTELOS Holdings Corp. 200 $ 3,474
NTT DOCOMO, Inc. (L) 58 94,062
Partner Communications Company, Ltd., ADR 700 3,675
Philippine Long Distance Telephone    
Company, ADR 235 15,512
Reliance Communications, Ltd. 3,426 4,244
Rogers Communications, Inc., Class B (L) 1,300 52,629
SBA Communications Corp., Class A (I)(L) 800 50,320
Shenandoah Telecommunications Company 200 3,520
SK Telecom Company, Ltd., ADR 400 5,816
Softbank Corp. (L) 2,700 109,284
Sprint Nextel Corp. (I) 26,600 146,832
Taiwan Mobile Company, Ltd. 3,600 13,120
Telephone & Data Systems, Inc. 768 19,668
Tim Participacoes SA 2,500 9,656
Turkcell Iletisim Hizmetleri AS, ADR (I) 882 13,353
United States Cellular Corp. (I) 300 11,739
USA Mobility, Inc. (L) 500 5,935
VimpelCom, Ltd., ADR (I) 1,335 15,887
Vodacom Group, Ltd. 765 9,393
Vodafone Group PLC, ADR 19,332 550,865
 
    2,058,035
 
    5,960,368
Utilities - 2.3%    
Electric Utilities - 1.1%    
Acciona SA 190 10,853
ALLETE, Inc. 300 12,522
American Electric Power Company, Inc. 2,242 98,513
Centrais Eletricas Brasileiras SA 1,200 7,162
Centrais Eletricas Brasileiras SA, ADR,    
B Shares 1,100 9,933
Centralschweizerische Kraftwerke AG 13 4,556
CEZ AS 757 28,236
Cheung Kong Infrastructure Holdings, Ltd. 2,000 12,139
Chubu Electric Power Company, Inc. 1,600 20,845
Cia Energetica de Minas Gerais 500 5,525
Cia Energetica de Minas Gerais, ADR 2,387 28,930
Cia General de Electricidad 1,916 8,482
Cia Paranaense de Energia, ADR (L) 300 4,926
Cleco Corp. 500 20,990
CLP Holdings, Ltd. 4,500 38,257
Contact Energy, Ltd. (I) 2,658 11,600
Duke Energy Corp. 4,404 285,379
E.CL SA 3,509 8,580
Edison International 1,488 67,987
EDP - Energias de Portugal SA 7,563 20,860
EDP - Energias do Brasil SA 2,100 13,332
Electricite de France SA 876 18,394
Elia System Operator SA/NV 221 9,051
Enea SA 198 1,012
Enel SpA 17,535 62,163
Energiedienst Holding AG (I) 22 1,035
Enersis SA, ADR 1,231 20,176
Entergy Corp. 800 55,440
Equatorial Energia SA 1,400 12,362
Exelon Corp. 3,137 111,614
Federal Hydrogenerating Company JSC, ADR 6,577 17,620
First Philippine Holdings Corp. 6,300 11,914
FirstEnergy Corp. 1,937 85,422
Fortis, Inc. 900 30,696
Fortum OYJ 1,389 25,613
Great Plains Energy, Inc. 1,000 22,260
Hawaiian Electric Industries, Inc. 900 23,679

 

118

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Disciplined Diversification Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Electric Utilities (continued)    
Hokkaido Electric Power Company, Inc. 900 $ 7,216
Iberdrola SA (L) 16,300 74,156
IDACORP, Inc. 500 21,635
Iren SpA 1,525 876
ITC Holdings Corp. (L) 500 37,790
Korea Electric Power Corp., ADR (I)(L) 1,380 17,140
Kyushu Electric Power Company, Inc. 1,900 15,646
Light SA 700 8,118
Manila Electric Company 2,470 15,052
MGE Energy, Inc. 300 15,897
NextEra Energy, Inc. 1,900 133,627
Northeast Utilities 943 36,051
NV Energy, Inc. 1,800 32,418
OGE Energy Corp. 500 27,730
Otter Tail Corp. 200 4,772
Pepco Holdings, Inc. (L) 900 17,010
PGE SA 3,010 17,381
Pinnacle West Capital Corp. 600 31,680
PNM Resources, Inc. 600 12,618
Portland General Electric Company 700 18,928
Power Assets Holdings, Ltd. 4,000 33,933
PPL Corp. 2,765 80,323
Public Power Corp. SA (I) 1,004 4,617
Red Electrica Corp. SA 538 25,552
Reliance Infrastructure, Ltd. 523 5,309
Romande Energie Holding SA 8 10,372
Shikoku Electric Power Company, Inc. 600 6,699
Spark Infrastructure Group (S) 9,219 15,518
SSE PLC 4,344 97,717
Tata Power Company, Ltd. 4,280 8,649
Tenaga Nasional BHD 8,750 19,509
Terna Rete Elettrica Nazionale SpA 4,713 17,594
The Chugoku Electric Power Company, Inc. 800 10,627
The Empire District Electric Company 500 10,775
The Kansai Electric Power Company, Ltd. 1,800 13,925
The Southern Company 4,065 187,144
Tohoku Electric Power Company, Inc. (I) 1,800 14,426
Tokyo Electric Power Company, Inc. (I) 5,800 9,511
Torrent Power, Ltd. 1,000 3,348
Transmissora Alianca de Energia Eletrica SA 800 29,005
UIL Holdings Corp. 400 14,344
Unitil Corp. (L) 200 5,444
UNS Energy Corp. 500 20,930
Verbund AG, Class A 185 3,833
Westar Energy, Inc. 1,000 29,660
Xcel Energy, Inc. 2,120 58,745
 
    2,511,308
Gas Utilities - 0.2%    
AGL Resources, Inc. 586 23,973
APA Group, Ltd. (L) 2,860 14,060
Atmos Energy Corp. 667 23,872
Chesapeake Utilities Corp. 100 4,736
China Gas Holdings, Ltd. 16,000 8,792
China Oil and Gas Group, Ltd. (I) 20,000 2,109
China Resources Gas Group, Ltd. 6,000 12,252
Enagas SA 853 16,867
ENN Energy Holdings, Ltd. 4,000 16,839
Envestra, Ltd. 2,480 2,323
GAIL India, Ltd. 453 3,292
Gas Natural SDG SA 1,886 26,768
Hong Kong & China Gas Company, Ltd. 12,247 30,808
National Fuel Gas Company (L) 400 21,616
New Jersey Resources Corp. (L) 400 18,288
Northwest Natural Gas Company (L) 300 14,772

 

Disciplined Diversification Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Gas Utilities (continued)    
ONEOK, Inc. 1,400 $ 67,634
Osaka Gas Company, Ltd. 6,000 26,443
Perusahaan Gas Negara Persero Tbk PT 51,000 21,924
Piedmont Natural Gas Company, Inc. (L) 559 18,156
Questar Corp. 1,500 30,495
Saibu Gas Company, Ltd. 4,000 11,347
Samchully Company, Ltd. 69 6,145
Snam SpA 4,918 21,830
South Jersey Industries, Inc. 200 10,586
Southwest Gas Corp. 320 14,144
The Laclede Group, Inc. 400 17,200
Toho Gas Company, Ltd. 2,000 13,278
Tokyo Gas Company, Ltd. 8,000 44,072
Towngas China Company, Ltd. 4,000 2,964
UGI Corp. 900 28,575
Valener, Inc. 130 2,118
WGL Holdings, Inc. 500 20,125
 
    598,403
Independent Power Producers & Energy Traders - 0.2%  
Aboitiz Power Corp. 6,400 5,146
Adani Power, Ltd. (I) 2,436 2,448
AES Corp. (I) 4,362 47,851
AES Gener SA (I) 12,208 7,399
AES Tiete SA 800 7,249
Algonquin Power & Utilities Corp. 200 1,357
Boralex, Inc. (I) 200 1,774
Calpine Corp. (I) 4,400 76,120
Capital Power Corp. 200 4,331
Capstone Infrastructure Corp. 350 1,577
China Longyuan Power Group Corp., H Shares 13,000 8,519
China Power New Energy    
Development Company, Ltd. (I) 100,000 3,728
China Resource Power Holdings, Ltd. 8,000 17,479
Drax Group PLC 2,951 24,192
EDP Renovaveis SA (I) 1,363 6,113
Electric Power Development Company, Ltd. 500 13,102
Empresa Nacional de Electricidad SA, ADR 298 14,292
Energy Development Corp. 82,000 11,933
Energy World Corp., Ltd. (I) 12,838 5,323
Etrion Corp. (I) 662 227
Genie Energy, Ltd., B Shares (I) 500 3,585
GVK Power & Infrastructure, Ltd. (I) 6,734 1,870
Huaneng Power International, Inc., ADR (L) 500 14,965
Infigen Energy (I) 6,731 1,841
Jaiprakash Power Ventures, Ltd. (I) 5,500 3,679
JSW Energy, Ltd. 1,338 1,538
Maxim Power Corp. (I) 100 182
MPX Energia SA (I) 1,800 9,589
National Hydroelectric Power Corp. Ltd. 17,228 6,308
Northland Power, Inc. (L) 847 16,404
NRG Energy, Inc. (L) 2,111 45,154
Ormat Technologies, Inc. 600 11,250
PTC India, Ltd. 2,981 3,979
Ram Power Corp. (I) 365 76
Ratchaburi Electricity Generating    
Holding PCL 7,200 11,345
Reliance Power, Ltd. (I) 5,453 10,131
Sechilienne-Sidec SA 300 4,721
Terna Energy SA (I) 291 758
Theolia SA (I) 223 408
Tractebel Energia SA 1,000 15,785
TransAlta Corp. 1,399 21,417
 
    445,145

 

119

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Disciplined Diversification Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Multi-Utilities - 0.7%    
A2A SpA 9,798 $ 4,861
Acegas-APS SpA 336 2,291
AGL Energy, Ltd. 1,916 29,698
Alliant Energy Corp. 500 21,695
Ameren Corp. 1,300 42,471
Black Hills Corp. 500 17,785
Canadian Utilities, Ltd. 400 27,948
CenterPoint Energy, Inc. 2,000 42,600
Centrica PLC 19,344 102,530
CH Energy Group, Inc. 200 13,042
CMS Energy Corp. 1,400 32,970
Consolidated Edison, Inc. 1,357 81,271
Dominion Resources, Inc. 2,620 138,703
DTE Energy Company 900 53,946
DUET Group 9,592 20,260
E.ON AG 7,314 173,817
GDF Suez 5,645 126,506
Integrys Energy Group, Inc. 400 20,880
Just Energy Group, Inc. (L) 1,200 13,097
MDU Resources Group, Inc. 700 15,428
MVV Energie AG 69 1,897
National Grid PLC, ADR 1,792 99,205
NiSource, Inc. 1,300 33,124
NorthWestern Corp. 300 10,869
PG&E Corp. 1,865 79,580
Public Service Enterprise Group, Inc. 3,044 97,956
Redes Energeticas Nacionais SA 2,238 5,778
RWE AG 1,999 89,593
SCANA Corp. 500 24,135
Sempra Energy 1,000 64,490
Suez Environnement Company 808 9,171
TECO Energy, Inc. (L) 1,300 23,062
Telecom Plus PLC 342 4,674
Vector, Ltd. 1,058 2,497
Vectren Corp. 500 14,300
Veolia Environnement SA 793 8,543
Wisconsin Energy Corp. 1,100 41,437
YTL Corp. BHD 20,154 11,324
YTL Power International BHD 13,100 7,113
 
    1,610,547
Water Utilities - 0.1%    
Aguas Andinas SA 1,641 1,100
American States Water Company (L) 200 8,886
American Water Works Company, Inc. 900 33,354
Aqua America, Inc. 1,084 26,840
Cadiz, Inc. (I) 400 3,884
California Water Service Group 400 7,460
Cia de Saneamento de Minas Gerais 300 6,822
Companhia de Saneamento Basico de Estado    
de Sao Paulo, ADR 200 16,242
Connecticut Water Service, Inc. 200 6,380
Consolidated Water Company, Ltd. 300 2,481
Guangdong Investment, Ltd. 18,000 14,129
Hyflux, Ltd. 6,000 6,851
Inversiones Aguas Metropolitanas SA 2,737 5,019
Manila Water Company, Inc. 7,000 4,522
Middlesex Water Company 200 3,832
Pennon Group PLC 2,175 25,395
Severn Trent PLC 1,206 32,709
SJW Corp. (L) 300 7,608
Thai Tap Water Supply PCL 15,100 3,728

 

Disciplined Diversification Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
COMMON STOCKS (continued)    
Water Utilities (continued)    
United Utilities Group PLC 3,867 $ 44,778
 
    262,020
 
    5,427,423
TOTAL COMMON STOCKS (Cost $128,253,576) $ 164,211,379
PREFERRED SECURITIES - 0.1%    
Consumer Discretionary - 0.1%    
Automobiles - 0.1%    
Porsche Automobil Holding SE 906 54,309
Diversified Consumer Services - 0.0%    
Kroton Educacional SA (I) 8 8
Leisure Equipment & Products - 0.0%    
Forjas Taurus SA 554 738
Multiline Retail - 0.0%    
Lojas Americanas SA 1,484 11,619
Textiles, Apparel & Luxury Goods - 0.0%    
Alpargatas SA 1,870 13,145
 
    79,819
Consumer Staples - 0.0%    
Beverages - 0.0%    
Embotelladora Andina SA, Class A 2,425 11,349
Embotelladora Andina SA, Class B 1,067 6,152
 
    17,501
Food & Staples Retailing - 0.0%    
Cia Brasileira de Distribuicao Grupo Pao    
de Acucar 4 179
 
    17,680
Financials - 0.0%    
Commercial Banks - 0.0%    
Itau Unibanco Holding SA 800 12,072
Banco do Estado do Rio Grande do Sul SA 1,000 8,504
Banco Daycoval SA 600 3,226
 
    23,802
Diversified Financial Services - 0.0%    
Banco ABC Brasil SA 1,800 10,744
 
    34,546
Industrials - 0.0%    
Building Products - 0.0%    
Eucatex SA Industria e Comercio 900 3,330
Commercial Services & Supplies - 0.0%    
Contax Participacoes SA 400 3,769
Machinery - 0.0%    
Marcopolo SA 2,500 14,613
Randon Participacoes SA 1,200 6,967
 
    21,580
 
    28,679
Materials - 0.0%    
Containers & Packaging - 0.0%    
Klabin SA 6,500 33,987
Metals & Mining - 0.0%    
Gerdau SA 875 8,322
Usinas Siderurgicas de Minas Gerais SA 3,400 16,973
Cia Ferro Ligas da Bahia - Ferbasa 300 1,569
 
    26,864

 

120

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Disciplined Diversification Trust (continued)
  Shares or   
  Principal   
   Amount Value
 
PREFERRED SECURITIES (continued)      
Paper & Forest Products - 0.0%      
Suzano Papel e Celulose SA   2,750 $ 7,230
      68,081
Telecommunication Services - 0.0%      
Diversified Telecommunication Services - 0.0%    
Telefonica Brasil SA   314 6,860
Oi SA   1,348 5,419
 
      12,279
      12,279
Utilities - 0.0%      
Electric Utilities - 0.0%      
Cia Energetica do Ceara   200 3,601
Companhia de Transmissao de Energia      
Eletrica Paulista   200 3,717
 
      7,318
Independent Power Producers & Energy Traders - 0.0%  
Companhia Energetica de Sao Paulo   900 9,612
AES Tiete SA   800 8,997
 
      18,609
      25,927
TOTAL PREFERRED SECURITIES (Cost $249,383) $ 267,011
 
U.S. GOVERNMENT & AGENCY      
OBLIGATIONS - 28.4%      
U.S. Government - 9.5%      
U.S. Treasury Bonds      
6.000%, 02/15/2026 $ 750,000 $ 1,098,281
6.750%, 08/15/2026   1,400,000 2,191,437
6.875%, 08/15/2025   525,000 818,836
7.250%, 08/15/2022   470,000 717,191
7.500%, 11/15/2024   675,000 1,088,859
8.875%, 08/15/2017   1,409,000 1,969,078
9.250%, 02/15/2016   2,015,000 2,614,620
9.875%, 11/15/2015   370,000 479,381
10.625%, 08/15/2015   1,431,000 1,852,139
11.250%, 02/15/2015   466,000 586,723
U.S. Treasury Notes      
2.250%, 07/31/2018   2,500,000 2,707,030
2.625%, 02/29/2016   1,750,000 1,883,984
2.750%, 02/15/2019   1,200,000 1,337,626
3.625%, 02/15/2020   1,900,000 2,240,070
8.125%, 05/15/2021   350,000 544,769
 
      22,130,024
U.S. Government Agency - 18.9%      
Federal Farm Credit Bank      
3.400%, 06/04/2018   1,000,000 1,132,729
3.650%, 12/21/2020   1,100,000 1,278,680
4.875%, 12/16/2015 to 01/17/2017   3,700,000 4,338,265
5.125%, 08/25/2016   2,200,000 2,584,542
5.220%, 05/15/2023   2,480,000 3,211,793
5.250%, 03/06/2023   1,135,000 1,454,011
Federal Home Loan Bank      
3.375%, 06/12/2020   500,000 572,914
3.625%, 03/10/2017   800,000 897,174
4.375%, 03/13/2026   900,000 1,100,650
4.500%, 09/13/2019   1,850,000 2,243,943
4.750%, 12/16/2016   2,650,000 3,109,221
4.875%, 05/17/2017   1,900,000 2,265,758
5.000%, 12/21/2015 to 11/17/2017   2,600,000 3,015,456
5.125%, 10/19/2016   1,750,000 2,057,382
5.250%, 12/09/2022   1,155,000 1,505,731

 

Disciplined Diversification Trust (continued)
    Shares or  
    Principal  
    Amount Value
 
U.S. GOVERNMENT & AGENCY      
OBLIGATIONS (continued)      
U.S. Government Agency (continued)      
Federal Home Loan Bank (continued)      
5.365%, 09/09/2024 $ 800,000 $ 1,061,638
5.375%, 05/18/2016 to 05/15/2019   2,850,000 3,421,508
5.625%, 06/11/2021   905,000 1,192,717
Tennessee Valley Authority      
3.875%, 02/15/2021   450,000 528,554
4.500%, 04/01/2018   1,300,000 1,548,260
5.500%, 07/18/2017   1,250,000 1,526,483
6.250%, 12/15/2017   2,986,000 3,806,732
 
      43,854,141
TOTAL U.S. GOVERNMENT & AGENCY    
OBLIGATIONS (Cost $61,959,109)   $ 65,984,165
 
WARRANTS - 0.0%      
Seat Pagine Gialle SpA (Expiration      
Date: 08/31/2014) (I)(N)   662 2
TOTAL WARRANTS (Cost $0)   $ 2
 
RIGHTS - 0.0%      
Brookfield Incorporacoes SA (Expiration Date:    
10/18/2012; Strike Price: BRL 3.06) (I)   446 189
Cie Generale de Geophysique - Veritas      
(Expiration Date: 10/12/2012; Strike Price    
EUR 17.00) (I)   928 1,498
KTB Investment & Securities Company, Ltd.    
(Expiration Date: 10/11/2012; Strike Price:    
THB 12.60 ) (I)   5,125 949
Mediclinic International Ltd. (Expiration Date:    
10/05/2012; Strike Price ZAR 28.63) (I)   401 590
Raffles Education Corp. Ltd. (Expiration Date:    
10/16/2012; Strike Price SGD 0.14) (I)   1,467 269
YTL Corp. BHD (Expiration Date:      
10/17/2012; Strike Price: MYR 0.20) (I)   1,344 125
TOTAL RIGHTS (Cost $0)   $ 3,620
 
SECURITIES LENDING COLLATERAL - 6.8%    
John Hancock Collateral      
Investment Trust, 0.3462% (W)(Y)   1,568,785 $ 15,701,339
TOTAL SECURITIES LENDING      
COLLATERAL (Cost $15,700,585)   $ 15,701,339
 
SHORT-TERM INVESTMENTS - 0.1%      
Money Market Funds - 0.1%      
State Street Institutional Liquid Reserves      
Fund, 0.2106% (Y)   197,006 197,006
TOTAL SHORT-TERM INVESTMENTS (Cost $197,006) $ 197,006
Total Investments (Disciplined Diversification Trust)    
(Cost $206,359,659) - 106.1%   $ 246,364,522
Other assets and liabilities, net - (6.1%)     (14,215,645)
 
TOTAL NET ASSETS - 100.0%   $ 232,148,877

 

121

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Emerging Markets Value Trust    
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS - 98.6%    
Brazil - 9.7%    
B2W Cia Global do Varejo (I) 7,000 $ 36,774
Banco Alfa de Investimento SA 35,300 100,123
Banco Santander Brasil SA, ADR (L) 1,309,081 9,647,927
Bematech SA 98,850 238,927
BM&F Bovespa SA 319,300 1,929,424
Brasilagro - Companhia Brasileira De    
Propriedades Agricolas (I) 12,800 60,677
Brookfield Incorporacoes SA 464,545 905,144
Camargo Correa    
Desenvolvimento Imobiliario SA (I) 121,650 330,041
Cia Providencia Industria e Comercio SA 52,100 176,044
CR2 Empreendimentos Imobiliarios SA 9,300 22,387
Even Construtora e Incorporadora SA 261,400 1,007,046
Fertilizantes Heringer SA (I) 21,600 152,257
Fibria Celulose SA (I) 94,998 863,639
Fibria Celulose SA, ADR (I)(L) 311,742 2,911,670
Forjas Taurus SA 7,434 9,571
Gafisa SA (I) 393,561 865,844
Gafisa SA, ADR (I)(L) 151,219 660,827
Gerdau SA 169,029 1,328,219
Gerdau SA, ADR (L) 934,098 8,883,272
Grendene SA 80,300 544,642
Hypermarcas SA (I) 457,222 3,358,261
Industrias Romi SA (I) 111,700 319,576
Inepar SA Industria e Construcoes (I) 4,400 4,449
JBS SA (I) 1,268,123 4,203,619
Log-in Logistica Intermodal SA (I) 123,900 385,039
Magnesita Refratarios SA 353,056 1,306,164
Marfrig Alimentos SA (I) 354,847 2,065,455
Metalfrio Solutions SA (I) 10,900 23,066
Minerva SA 52,000 288,312
Paranapanema SA (I) 511,050 647,872
PDG Realty SA Empreendimentos    
e Participacoes 1,292,389 2,435,282
Petroleo Brasileiro SA 281,342 3,233,577
Petroleo Brasileiro SA, ADR (L) 861,825 19,770,266
Petroleo Brasileiro SA, ADR, Class A (L) 1,254,765 27,692,664
Plascar Participacoes Industriais SA 4,800 2,462
Positivo Informatica SA (I) 102,700 257,858
Profarma Distribuidora de    
Produtos Farmaceuticos SA 20,000 144,925
Rodobens Negocios Imobiliarios SA 63,500 369,614
Rossi Residencial SA 200,309 497,005
Sao Carlos Empreendimentos    
e Participacoes SA 9,905 196,659
Sao Martinho SA 66,201 781,121
SLC Agricola SA 44,600 478,505
Springs Global Participacoes SA (I) 74,733 101,377
Tecnisa SA 48,022 223,854
Tereos Internacional SA 56,400 80,403
TPI - Triunfo Participacoes e Investimentos SA 39,410 215,785
Trisul SA (I) 56,446 69,609
Usinas Siderurgicas de Minas Gerais SA 319,300 1,830,197
Vanguarda Agro SA (I) 1,000,864 182,671
Viver Incorporadora e Construtora SA (I) 539,950 319,615
 
    102,159,717
Chile - 1.8%    
Cementos Bio Bio SA (I) 50,384 71,165
Cia General de Electricidad 46,090 204,046
Cia Sud Americana de Vapores SA (I) 2,193,921 219,230
Cristalerias de Chile SA 66,213 537,409
Empresas CMPC SA 1,737,226 6,778,972
Empresas COPEC SA 108,030 1,594,203
Empresas Hites SA 25,875 15,805

 

Emerging Markets Value Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Chile (continued)    
Empresas Iansa SA 1,776,092 $ 132,921
Empresas La Polar SA (I) 130,383 55,908
Enersis SA, ADR 371,730 6,092,655
Gasco SA 130,347 920,549
Inversiones Aguas Metropolitanas SA 143,323 262,837
Madeco SA 10,353,871 381,981
Masisa SA 4,707,749 472,412
PAZ Corp., SA 73,479 40,740
Ripley Corp. SA 328,912 310,641
Salfacorp SA 28,153 67,007
Sociedad Matriz SAAM SA (I) 1,645,835 176,953
Socovesa SA 223,418 101,265
Vina Concha y Toro SA 3,019 6,326
Vina San Pedro Tarapaca SA 19,029,176 120,349
 
    18,563,374
China - 9.2%    
Agile Property Holdings, Ltd. 760,000 856,137
Agricultural Bank of China, Ltd., H Shares 11,169,000 4,344,474
Aluminum Corp. of China, Ltd.,    
H Shares (I)(L) 628,000 255,652
Angang Steel Company, Ltd., H Shares (I)(L) 1,318,000 675,639
Anhui Tianda Oil Pipe Company, Ltd.,    
H Shares 135,000 18,773
Anton Oilfield Services Group 1,026,000 239,978
Asia Cement China Holdings Corp. 265,500 111,911
Bank of China, Ltd., H Shares 64,081,694 24,373,928
Bank of Communications Company, Ltd.,    
H Shares 7,526,876 5,087,555
Baoye Group Company, Ltd., H Shares 376,000 217,153
Beijing Capital International Airport    
Company, Ltd., H Shares 2,612,000 1,748,645
Beijing Capital Land, Ltd., H Shares 1,272,000 363,012
Beijing Jingkelong Company, Ltd., H Shares 38,000 18,648
Beijing North Star Company, H Shares 866,000 153,440
Besunyen Holdings Co Ltd. (I) 321,000 22,316
Boer Power Holdings Ltd. 117,000 40,937
BYD Electronic International Company, Ltd. 947,500 201,531
Catic Shenzhen Holdings, Ltd., H Shares 152,000 51,487
Changshouhua Food Co Ltd. 91,000 42,203
China Aoyuan Property Group, Ltd. 1,387,000 177,013
China Automation Group, Ltd. 388,000 78,872
China Citic Bank Corp., Ltd., H Shares 6,750,775 3,180,032
China Coal Energy Company, Ltd., H Shares 3,748,000 3,401,791
China Communications Construction    
Company, Ltd., H Shares 4,413,555 3,552,544
China Communications Services Corp., Ltd.,    
H Shares 1,521,200 884,668
China Construction Bank Corp., H Shares 500,000 345,512
China COSCO Holdings Company, Ltd.,    
H Shares (I)(L) 1,826,500 744,738
China Dongxiang Group Company 2,254,000 240,235
China Huiyuan Juice Group, Ltd. (I) 1,032,500 311,547
China ITS Holdings Company, Ltd. (I) 528,000 69,156
China Minsheng Banking Corp., Ltd.,    
H Shares (L) 4,580,500 3,599,097
China Molybdenum Company, Ltd.,    
H Shares (I) 599,000 257,224
China National Materials Company, Ltd.,    
H Shares 832,000 233,686
China Nickel Resources Holding Company, Ltd. 518,000 38,645
China Petroleum & Chemical Corp., ADR (L) 146,867 13,573,448
China Petroleum & Chemical Corp., H Shares 4,167,439 3,871,970
China Qinfa Group, Ltd. 424,000 50,023
China Railway Construction Corp., H Shares 1,993,165 1,791,467

 

122

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Emerging Markets Value Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
China (continued)    
China Rare Earth Holdings, Ltd. 1,000,000 $ 221,628
China Rongsheng Heavy Industry    
Group Company, Ltd. (L) 1,175,000 155,576
China Sanjiang Fine Chemicals Co Ltd. 170,000 47,698
China SCE Property Holdings, Ltd. 71,000 15,394
China Shanshui Cement Group, Ltd. 195,000 126,850
China Shipping Container Lines Company, Ltd.,    
H Shares (I)(L) 4,448,150 900,222
China Shipping Development Company, Ltd.,    
H Shares 920,000 380,096
China Southern Airlines Company, Ltd.,    
H Shares 1,138,000 499,473
China Tontine Wines Group Ltd. 248,000 23,273
China Wireless Technologies, Ltd. 788,000 191,305
China Yurun Food Group, Ltd. (I)(L) 905,000 649,600
China ZhengTong Auto    
Services Holdings, Ltd. (I) 104,000 64,921
China Zhongwang Holdings, Ltd. (I)(L) 876,000 329,402
Chongqing Iron & Steel Company, Ltd.,    
H Shares (I) 654,000 79,016
Chongqing Machinery & Electric    
Company, Ltd., H Shares 486,000 63,629
Chu Kong Petroleum & Natural Gas Steel    
Pipe Holdings, Ltd. 164,000 61,497
Comtec Solar Systems Group Ltd. (I) 314,000 32,774
CPMC Holdings, Ltd. 64,000 44,432
Dalian Port PDA Company, Ltd., H Shares 586,000 115,213
Evergreen International Holdings, Ltd. 122,000 23,848
Fantasia Holdings Group Company, Ltd. 763,500 73,610
Fosun International, Ltd. 2,296,500 1,104,580
Great Wall Technology Company, Ltd.,    
H Shares 324,942 59,804
Greentown China Holdings, Ltd. 770,500 830,197
Guangshen Railway Company, Ltd., ADR (L) 35,688 563,870
Guangzhou Automobile Group Company, Ltd.,    
H Shares 1,948,415 1,273,934
Guangzhou R&F Properties Company, Ltd.,    
H Shares 420,400 483,865
Hainan Meilan International Airport    
Company, Ltd., H Shares 201,000 123,623
Harbin Electric Company, Ltd., H Shares 888,000 679,563
Hidili Industry International Development, Ltd. 1,278,000 306,607
Honghua Group, Ltd. 1,182,000 227,601
Hunan Nonferrous Metal Corp., Ltd.,    
H Shares (I) 248,000 70,203
International Taifeng Holdings, Ltd. 204,000 52,452
Kaisa Group Holdings, Ltd. (I) 1,211,000 219,329
Kingdee International Software    
Group Company, Ltd. (I) 106,000 21,888
Leoch International Technology Ltd. 102,000 12,755
Li Ning Company, Ltd. (I) 24,000 12,721
Lingbao Gold Company, Ltd., H Shares 140,000 62,448
Lonking Holdings, Ltd. (L) 839,000 139,680
Maanshan Iron & Steel Company, Ltd.,    
H Shares (I) 1,866,000 435,078
Maoye International Holdings, Ltd. 214,000 37,395
Metallurgical Corp. of China, Ltd., H Shares (I) 1,936,000 386,366
Minth Group, Ltd. 214,000 225,673
O-Net Communications Group, Ltd. 244,000 56,402
PCD Stores Group, Ltd. 2,302,000 183,947
Peak Sport Products Company, Ltd. 570,000 100,587
Powerlong Real Estate Holdings, Ltd. 627,000 101,468
Qunxing Paper Holdings Company, Ltd. 634,371 168,859
Renhe Commercial    
Holdings Company, Ltd. (I)(L) 4,204,000 169,791

 

Emerging Markets Value Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
China (continued)    
Semiconductor Manufacturing    
International Corp., ADR (I) 140,377 $ 252,679
Semiconductor    
Manufacturing International Corp. (I) 15,570,000 559,655
Shandong Chenming Paper Holdings, Ltd.,    
H Shares 335,500 113,361
Shanghai Jin Jiang International Hotels Group    
Company, Ltd., H Shares 848,000 114,583
Shanghai Prime Machinery Company, Ltd.,    
H Shares 962,000 127,568
Shengli Oil & Gas Pipe Holdings, Ltd. 268,500 21,037
Shui On Land, Ltd. (L) 3,110,698 1,170,615
Sijia Group Company 93,000 20,502
Sino Dragon New Energy Holdings, Ltd. (I) 488,000 11,637
Sino-Ocean Land Holdings, Ltd. 4,137,624 2,337,951
SinoMedia Holding, Ltd. 61,139 25,777
Sinotrans, Ltd., H Shares 2,019,000 262,566
Sinotruk Hong Kong, Ltd. 836,500 486,304
Soho China, Ltd. 2,544,000 1,562,338
SPG Land Holdings, Ltd. (I) 353,625 72,399
Sunac China Holdings Ltd. 248,000 120,515
Sunny Optical Technology    
Group Company, Ltd. 209,000 115,125
Tiangong International Company, Ltd. 478,000 97,081
Travelsky Technology, Ltd., H Shares 1,285,500 681,605
Weiqiao Textile Company, H Shares 603,000 219,088
West China Cement, Ltd. 76,000 13,359
Xiamen International Port Company, Ltd.,    
H Shares 1,372,000 137,345
Xingda International Holdings, Ltd. 607,000 190,114
Xinhua Winshare Publishing and Media    
Company, Ltd., H Shares 641,000 317,340
Xinjiang Goldwind Science & Technology    
Company, Ltd., H Shares 158,000 53,708
Xinjiang Xinxin Mining Industry    
Company, Ltd., H Shares 903,000 162,514
Xiwang Sugar Holdings Company, Ltd. 665,717 66,850
Yantai North Andre Juice Company, H Shares 150,000 5,998
Yuzhou Properties Company 158,400 38,345
Zhejiang Glass Company, Ltd., H Shares (I) 162,000 0
Zhong An Real Estate, Ltd. (I) 801,600 81,577
 
    96,874,766
Czech Republic - 0.5%    
Komercni Banka AS 11,387 2,272,273
Pegas Nonwovens SA 22,565 550,525
Telefonica Czech Republic AS (I) 551 11,141
Unipetrol AS (I)(L) 214,695 1,876,877
 
    4,710,816
Hong Kong - 4.7%    
361 Degrees International, Ltd. 523,000 137,621
AMVIG Holdings, Ltd. 494,000 147,100
Asian Citrus Holdings, Ltd. 324,000 166,803
AVIC International Holding    
Hong Kong, Ltd. (I) 1,840,152 58,085
Beijing Development Hong Kong, Ltd. (I) 231,000 44,670
Beijing Enterprises Holdings, Ltd. 347,500 2,315,202
Beijing Enterprises Water Group, Ltd. 54,000 12,906
Beijing Properties Holdings Ltd. (I) 176,000 7,486
C C Land Holdings, Ltd. 822,084 176,181
Carnival Group International Holdings Ltd. (I) 134,000 6,275
Central China Real Estate, Ltd. 531,732 129,922
Chaoda Modern Agriculture Holdings, Ltd. (I) 3,056,474 122,261
Chigo Holding, Ltd. (I) 2,796,000 61,260

 

123

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Emerging Markets Value Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Hong Kong (continued)    
China Aerospace International Holdings, Ltd. 1,971,200 $ 139,721
China Agri-Industries Holdings, Ltd. 1,361,000 767,713
China All Access Holdings Ltd. 244,000 38,445
China Chengtong Development Group, Ltd. (I) 526,000 19,440
China Energine International Holdings, Ltd. (I) 857,853 25,768
China Everbright, Ltd. 998,000 1,240,730
China Glass Holdings, Ltd. 238,000 24,707
China Grand Forestry Green    
Resources Group, Ltd. (I) 331,800 21,200
China Green Holdings, Ltd. (I)(L) 422,627 98,836
China Haidian Holdings, Ltd. 1,124,000 114,145
China High Precision Automation Group, Ltd. 18,000 2,879
China High Speed Transmission Equipment    
Group Company, Ltd. (I) 938,000 273,207
China Lumena New Materials Corp. (L) 2,036,000 358,074
China Metal Recycling Holdings, Ltd. 180,600 166,722
China New Town    
Development Company, Ltd. (I) 1,505,165 61,122
China Ocean Resources Company, Ltd. 8,670 30,746
China Oil and Gas Group, Ltd. (I) 2,400,000 253,043
China Pharmaceutical Group, Ltd. (I) 1,074,000 306,733
China Properties Group, Ltd. (I) 724,000 216,017
China Singyes Solar    
Technologies Holdings, Ltd. 103,200 50,427
China South City Holdings, Ltd. 956,000 135,567
China Starch Holdings, Ltd. 1,415,000 37,135
China Tianyi Holdings, Ltd. (I) 128,000 17,691
China Travel International Investment    
Hong Kong, Ltd. 4,134,000 744,170
China Unicom Hong Kong, Ltd. 4,504,000 7,343,787
China Unicom Hong Kong, Ltd., ADR (L) 214,448 3,497,647
China Vanadium Titano - Magnetite    
Mining Company, Ltd. 411,000 63,311
CIMC Enric Holdings, Ltd. 104,000 62,150
Citic Pacific, Ltd. 1,524,000 1,816,109
Citic Resources Holdings, Ltd. (I) 3,528,000 466,760
Coastal Greenland, Ltd. (I) 710,000 27,372
Comba Telecom Systems Holdings, Ltd. 244,000 81,094
Cosco International Holdings, Ltd. 925,625 363,421
COSCO Pacific, Ltd. 1,575,220 2,209,656
DaChan Food Asia, Ltd. 612,000 86,792
Dawnrays Pharmaceutical Holdings, Ltd. 44,000 9,120
Dynasty Fine Wines Group, Ltd. (I) 330,000 52,993
Franshion Properties China, Ltd. 3,012,000 916,786
Fufeng Group, Ltd. 291,000 96,049
GCL-Poly Energy Holdings, Ltd. (L) 5,019,000 765,354
Global Bio-Chem Technology    
Group Company, Ltd. 2,520,000 265,652
Global Sweeteners Holdings, Ltd. (I) 148,000 9,544
Glorious Property Holdings, Ltd. (I) 2,284,000 360,949
Golden Meditech Holdings, Ltd. 828,000 96,986
Goldlion Holdings, Ltd. 261,000 114,296
GOME Electrical Appliances Holdings, Ltd. 8,845,000 931,146
Heng Tai Consumables Group, Ltd. (I) 3,363,862 69,939
HKC Holdings, Ltd. 4,298,149 166,229
Hopson Development Holdings, Ltd. (I)(L) 850,000 625,848
Hua Han Bio-Pharmaceutical Holdings, Ltd.,    
H Shares 679,040 141,525
Huscoke Resources Holdings, Ltd. (I) 2,258,000 21,192
Hutchison Harbour Ring, Ltd. 536,000 45,561
Inspur International, Ltd. 2,440,000 67,560
Ju Teng International Holdings, Ltd. 778,000 323,997
Kai Yuan Holdings, Ltd. (I) 2,980,000 81,830
Kingboard Chemical Holdings, Ltd. 630,525 1,502,757
Kingboard Laminates Holdings, Ltd. 244,500 101,229

 

Emerging Markets Value Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Hong Kong (continued)    
Kingway Brewery Holdings, Ltd. 578,000 $ 174,975
KWG Property Holding, Ltd. 1,117,013 616,044
Lai Fung Holdings, Ltd. 8,970,000 175,785
Le Saunda Holdings 22,000 5,956
Lee & Man Paper Manufacturing, Ltd. 674,000 292,450
Lijun International    
Pharmaceutical Holding, Ltd. 210,000 53,332
Loudong General Nice Resources    
China Holdings, Ltd. (I) 590,400 23,598
MIN XIN Holdings, Ltd. 116,000 64,122
Mingyuan Medicare    
Development Company, Ltd. (I) 1,830,000 32,494
Minmetals Land, Ltd. 798,000 96,427
Nan Hai Corp., Ltd. (I) 27,150,000 97,812
NetDragon Websoft, Inc. 91,500 102,636
New World China Land, Ltd. 2,335,200 898,715
New World Department Store China, Ltd. 51,000 28,314
Nine Dragons Paper Holdings, Ltd. 872,000 440,341
PetroAsian Energy Holdings, Ltd. (I) 600,000 12,506
Poly Property Group Company, Ltd. (I)(L) 1,500,453 799,978
Pou Sheng International Holdings, Ltd. (I) 503,000 31,059
Prosperity International Holdings HK, Ltd. (I) 1,320,000 51,784
Qin Jia Yuan Media Services Company, Ltd. 1,637,320 16,627
Qingling Motors Company, Ltd., H Shares 1,054,000 234,449
Real Nutriceutical Group, Ltd. 529,000 162,415
Regent Manner International Holdings, Ltd. 360,000 79,186
REXLot Holdings, Ltd. 4,434,921 331,362
Royale Furniture Holdings, Ltd 138,500 17,074
Samson Holding, Ltd. 361,548 42,828
Shanghai Industrial Holdings, Ltd. 620,000 1,836,870
Shanghai Industrial Urban    
Development Group, Ltd. (I) 775,000 117,586
Shanghai Zendai Property, Ltd. (I) 2,530,000 39,690
Shenzhen International Holdings, Ltd. 10,320,000 703,768
Shenzhen Investment, Ltd. 2,476,000 573,016
Shimao Property Holdings, Ltd. (L) 1,805,000 3,088,542
Shougang Concord International    
Enterprises Company, Ltd. (I) 4,306,000 196,280
Shougang Fushan Resources Group, Ltd. 2,306,000 615,492
Silver Grant International, Ltd. 1,072,000 169,355
SIM Technology Group, Ltd. (I) 650,000 35,861
Sino Oil And Gas Holdings, Ltd. (I) 3,850,000 75,886
Sino Prosper State Gold    
Resources Holdings, Ltd. (I) 365,000 16,247
Sinofert Holdings, Ltd. 2,924,000 570,027
Sinolink Worldwide Holdings, Ltd. (I) 2,292,000 179,661
Sinotrans Shipping, Ltd. 842,000 189,527
Skyworth Digital Holdings, Ltd. (L) 1,580,380 743,898
SMI Corp., Ltd. (I) 1,280,000 31,053
Solargiga Energy Holdings, Ltd. (I) 354,000 17,920
SRE Group, Ltd. (I) 3,206,857 109,135
Tak Sing Alliance Holdings, Ltd. 182,675 19,315
TCC International Holdings, Ltd. 696,000 171,735
TCL Communication    
Technology Holdings, Ltd. 285,000 103,357
TCL Multimedia Technology Holdings, Ltd. 737,200 397,818
Texhong Textile Group, Ltd. (I) 20,000 6,549
Tian An China Investment, Ltd. 741,000 422,534
Tianjin Port Development Holdings, Ltd. 744,000 78,630
Tianneng Power International, Ltd. 192,000 116,789
Tomson Group, Ltd. 386,807 92,171
TPV Technology, Ltd. 583,684 127,585
Truly International Holdings, Ltd. 987,000 148,474
VODone, Ltd. 1,977,400 175,776
Wasion Group Holdings, Ltd. 318,000 114,384

 

124

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Emerging Markets Value Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Hong Kong (continued)    
Welling Holding, Ltd. 36,000 $ 4,351
Wuyi International    
Pharmaceutical Company, Ltd. 215,000 10,534
Yanchang Petroleum International, Ltd. (I) 2,560,000 164,725
Yip’s Chemical Holdings, Ltd. 16,000 10,387
Yuexiu Property Company, Ltd. 7,105,250 1,788,626
 
    49,460,474
Hungary - 0.5%    
Danubius Hotel and Spa PLC (I) 6,805 80,388
EGIS Pharmaceuticals PLC 3,776 299,841
Fotex Holding SE (I) 8,707 5,930
OTP Bank PLC (L) 282,692 4,977,514
 
    5,363,673
India - 8.2%    
Aarti Industries, Ltd. 51,087 75,902
Aban Offshore, Ltd. 15,263 127,000
ABG Shipyard, Ltd. 7,189 51,077
Adani Enterprises, Ltd. 100,814 384,035
Aditya Birla Nuvo, Ltd. 55,261 940,708
Alembic Pharmaceuticals, Ltd. 38,283 52,196
Alembic, Ltd. (I) 64,183 19,100
Allahabad Bank 186,565 517,366
Alok Industries, Ltd. 568,576 135,680
Amtek Auto, Ltd. 146,074 245,077
Anant Raj Industries, Ltd. 54,720 74,169
Andhra Bank 198,888 424,673
Ansal Properties & Infrastructure, Ltd. 30,966 16,994
Apollo Tyres, Ltd. 226,563 398,712
Arvind, Ltd. 104,084 157,821
Ashok Leyland, Ltd. 1,096,572 499,930
Aurobindo Pharma, Ltd. 89,300 240,651
Bajaj Finance, Ltd. 13,541 302,925
Bajaj Hindusthan, Ltd. 344,964 207,960
Bajaj Holdings and Investment, Ltd. 49,562 739,838
Ballarpur Industries, Ltd. 403,880 151,215
Balmer Lawrie & Company, Ltd. 5,100 58,608
Balrampur Chini Mills, Ltd. (I) 206,266 264,489
Bank of Baroda 88,490 1,335,405
Bank of India 114,231 672,440
Bank of Maharashtra 152,501 145,631
BEML, Ltd. 14,453 83,930
Bhushan Steel, Ltd. 43,136 405,746
Birla Corp., Ltd. 41,435 221,915
Bombay Burmah Trading Company, Ltd. 3,000 31,281
Bombay Dyeing &    
Manufacturing Company, Ltd. 4,919 45,795
Bombay Rayon Fashions, Ltd. 7,468 37,972
Brigade Enterprises, Ltd. 1,477 1,669
Cairn India, Ltd. (I) 631,653 3,956,642
Canara Bank 98,171 801,010
Central Bank of India 54,446 80,763
Century Textile & Industries, Ltd. 34,929 237,792
City Union Bank, Ltd. 162,675 162,986
Corporation Bank 11,690 92,984
Dalmia Bharat Enterprises, Ltd. 12,925 41,147
DB Realty, Ltd. (I) 35,138 47,312
DCM Shriram Consolidated, Ltd. 39,804 39,662
Deepak Fertilizers & Petrochemicals Corp., Ltd. 28,839 71,975
Dena Bank 27,208 54,559
Development Credit Bank, Ltd. (I) 121,079 100,349
DLF, Ltd. 430,090 1,897,093
Dredging Corp. of India, Ltd. (I) 1,365 6,519
Edelweiss Financial Services, Ltd. 304,550 194,579

 

Emerging Markets Value Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
India (continued)    
Educomp Solutions, Ltd. 42,399 $ 128,378
EID Parry India, Ltd. 80,296 348,839
Elder Pharmaceuticals, Ltd. 7,799 43,900
Electrosteel Castings, Ltd. 89,970 34,837
Era Infra Engineering, Ltd. 27,222 71,977
Escorts, Ltd. 44,637 54,072
Essar Oil, Ltd. (I) 184,984 176,654
Essar Ports, Ltd. 16,178 28,385
Essel Propack, Ltd. 37,352 23,014
Federal Bank, Ltd. 163,534 1,383,217
Finolex Cables, Ltd. 54,200 42,538
Finolex Industries, Ltd. 46,584 55,565
Fortis Healthcare, Ltd. (I) 65,125 127,445
Future Capital Holdings, Ltd. 4,573 13,637
Gammon India, Ltd. 85,633 76,933
Gateway Distriparks, Ltd. 10,919 29,827
Geodesic, Ltd. 94,402 76,595
Gitanjali Gems, Ltd. 56,665 371,607
Graphite India, Ltd. 75,117 114,952
Grasim Industries, Ltd. 28,107 1,878,889
GTL Infrastructure, Ltd. (I) 100,276 16,631
Gujarat Alkalies & Chemicals, Ltd. 24,028 60,371
Gujarat Ambuja Exports, Ltd. 63,882 26,594
Gujarat Flourochemicals, Ltd. 3,024 22,023
Gujarat Narmada Valley    
Fertilizers Company, Ltd. 66,143 109,370
Gujarat NRE Coke, Ltd. 79,738 28,266
Gujarat State Fertilisers & Chemicals, Ltd. 105,690 160,423
Gujarat State Petronet, Ltd. 58,786 89,911
HBL Power Systems, Ltd. (I) 5,099 1,507
HCL Infosystems, Ltd. 126,394 103,350
HEG, Ltd. 12,877 51,790
HeidelbergCement India, Ltd. (I) 4,823 4,452
Hexa Tradex, Ltd. (I) 32,971 16,714
Hexaware Technologies, Ltd. 25,880 59,495
Hindalco Industries, Ltd. 1,340,282 3,059,468
Hinduja Ventures, Ltd. 5,620 41,880
Hindustan Construction Company, Ltd. (I) 223,609 76,650
Hotel Leela Venture, Ltd. (I) 112,448 65,341
Housing Development & Infrastructure, Ltd. (I) 220,761 404,821
HSIL, Ltd. 5,997 14,802
ICICI Bank, Ltd. 167,495 3,367,219
IDBI Bank, Ltd. 267,194 507,720
IDFC, Ltd. 119,156 347,359
IFCI, Ltd. 181,420 106,571
India Cements, Ltd. 258,302 462,327
India Infoline, Ltd. 213,160 233,451
Indiabulls Financial Services, Ltd. 240,661 976,299
Indiabulls Infrastructure and Power, Ltd. (I) 930,247 111,993
Indiabulls Real Estate, Ltd. 315,338 343,906
Indian Bank 70,234 256,981
Indian Hotels Company, Ltd. 155,176 197,103
Indian Overseas Bank 234,477 348,670
ING Vysya Bank, Ltd. 16,192 125,039
Ingersoll-Rand India, Ltd. 14,510 136,710
IVRCL, Ltd. 311,424 274,207
Jai Corp., Ltd. 22,618 27,060
Jaiprakash Associates, Ltd. 796,755 1,241,385
Jammu & Kashmir Bank, Ltd. 41,976 741,716
Jaypee Infratech, Ltd. 28,073 27,671
JB Chemicals & Pharmaceuticals, Ltd. 20,800 29,187
JBF Industries, Ltd. 33,505 91,192
Jindal Poly Films, Ltd. 1,258 4,314
Jindal Saw, Ltd. 164,858 368,169
Jindal Stainless, Ltd. (I) 44,529 57,270

 

125

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Emerging Markets Value Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
India (continued)    
JM Financial, Ltd. 37,218 $ 10,936
JSW Energy, Ltd. 408,574 469,780
JSW Steel, Ltd. 122,212 1,749,531
Jubilant Life Sciences, Ltd. 53,395 213,955
Kalpataru Power Transmission, Ltd. 2,595 4,317
Karnataka Bank, Ltd. 180,381 374,166
Karur Vysya Bank, Ltd. 30,968 241,301
Karuturi Global, Ltd. 69,418 5,846
Kesoram Industries, Ltd. 26,673 72,341
Kingfisher Airlines, Ltd. (I) 150,938 46,206
Lakshmi Vilas Bank, Ltd. 30,751 46,782
Madras Cements, Ltd. 36,000 130,046
Mahanagar Telephone Nigam, Ltd. (I) 73,625 44,798
Maharashtra Seamless, Ltd. 38,253 246,240
Mahindra Lifespace Developers, Ltd. 10,600 76,456
Manaksia, Ltd. (I) 3,292 2,681
McLeod Russel India, Ltd. 48,101 294,320
Mercator Lines, Ltd. (I) 150,335 62,012
MindTree, Ltd. 1,222 15,310
Monnet Ispat & Energy, Ltd. 29,947 172,822
MRF, Ltd. 920 178,992
Mukand, Ltd. (I) 19,851 11,303
Nagarjuna Fertilizer & Chemicals, Ltd. 138,250 27,760
Nagarjuna Oil Refinery, Ltd. (I) 125,682 13,058
National Aluminium Company, Ltd. 106,829 102,489
Nava Bharat Ventures, Ltd. 1,614 5,088
NCC, Ltd. 263,914 233,740
NIIT Technologies, Ltd. 22,936 130,001
NIIT, Ltd. 19,897 12,031
Noida Toll Bridge Company, Ltd. 62,165 32,963
OMAXE, Ltd. (I) 49,670 148,319
Orbit Corp., Ltd. (I) 43,904 41,724
Orchid Chemicals & Pharmaceuticals, Ltd. 37,760 80,514
Orient Paper & Industries, Ltd. 58,165 82,192
Oriental Bank of Commerce 101,465 580,868
Oswal Chemical & Fertilizers (I) 1,896 1,142
Panacea Biotec, Ltd. 12,287 27,226
Parsvnath Developers, Ltd. (I) 76,316 57,762
Peninsula Land, Ltd. 7,362 6,613
Persistent Systems, Ltd. 2,387 19,286
Piramal Enterprises, Ltd. 44,716 391,310
Plethico Pharmaceuticals, Ltd. 7,219 35,710
Polaris Financial Technology, Ltd. 26,963 66,474
Polyplex Corp., Ltd. 3,400 11,635
Prozone Capital Shopping Centers (I) 43,382 23,605
PTC India, Ltd. 233,522 311,677
Punj Lloyd, Ltd. 165,098 170,094
Punjab & Sind Bank 5,337 6,867
Raymond, Ltd. 23,286 173,571
REI Agro, Ltd. 113,504 22,850
REI Six Ten Retail, Ltd. 7,680 682
Reliance Capital, Ltd. 94,899 772,897
Reliance Communications, Ltd. 685,263 848,907
Reliance Industries, Ltd. 586,870 9,272,702
Reliance Industries, Ltd., GDR (S) 349,881 11,012,591
Reliance Power, Ltd. (I) 588,041 1,092,463
Rolta India, Ltd. 133,332 183,310
Ruchi Soya Industries, Ltd. 125,412 176,569
Rural Electrification Corp. Ltd. 140,240 577,582
S Kumars Nationwide, Ltd. 78,505 28,918
Sesa Goa, Ltd. 315,155 1,020,721
Shipping Corp. of India, Ltd. 90,540 101,313
Shiv-Vani Oil & Gas Exploration Services, Ltd. 6,058 15,142
Shree Renuka Sugars, Ltd. 220,608 151,185
Sintex Industries, Ltd. 97,140 122,918

 

Emerging Markets Value Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
India (continued)    
Sobha Developers, Ltd. 40,327 $ 273,374
South Indian Bank, Ltd. 1,171,770 504,651
SREI Infrastructure Finance, Ltd. 247,892 128,700
SRF, Ltd. 24,910 106,104
State Bank of Bikaner & Jaipur 899 6,383
State Bank of India 78,651 3,338,898
State Bank of India, GDR 435 37,573
Steel Authority of India, Ltd. 442,984 718,169
Sterling Biotech, Ltd. (I) 34,756 4,413
Sterlite Industries India, Ltd., ADR (L) 377,373 2,864,261
Sterlite Technologies, Ltd. 45,138 26,752
Strides Arcolab, Ltd. 13,187 222,836
Sundaram Finance, Ltd. 650 10,105
Suzlon Energy, Ltd. (I) 634,050 213,535
Syndicate Bank, Ltd. 206,951 426,766
Tata Chemicals, Ltd. 96,921 587,091
Tata Communications, Ltd. 50,645 233,840
Tata Communications, Ltd., ADR 11,658 106,321
Tata Global Beverages, Ltd. 467,750 1,265,514
Tata Investment Corp., Ltd. 6,673 55,721
Tata Steel, Ltd. 319,906 2,421,743
Tata Steel, Ltd., GDR 743 5,606
The Great Eastern Shipping Company, Ltd. 84,512 398,949
Time Technoplast, Ltd. 4,194 3,786
Trent, Ltd. 926 20,796
Tube Investments of India, Ltd. 369 1,209
Tulip Telecom, Ltd. (I) 28,364 24,606
UCO Bank 85,194 123,932
Uflex, Ltd. 10,885 19,281
Union Bank of India, Ltd. 169,587 669,403
Unitech, Ltd. (I) 1,276,814 586,711
United Phosphorus, Ltd. 142,443 353,480
Usha Martin, Ltd. (I) 154,885 74,356
Vardhman Special Steels, Ltd. (I) 1,620 1,161
Vardhman Textiles, Ltd. 8,101 36,998
Varun Shipping Company, Ltd. (I) 7,921 2,380
Videocon Industries, Ltd. 105,664 344,157
Vijaya Bank 83,311 88,600
Welspun Corp, Ltd. 55,523 106,430
Zuari Agro Chemicals, Ltd. 9,200 56,601
Zuari Global, Ltd. 9,200 24,872
Zylog Systems Ltd. 1,684 9,015
 
    85,901,610
Indonesia - 3.1%    
Adaro Energy Tbk PT 3,916,000 610,184
Adhi Karya Persero Tbk PT 1,078,500 116,916
Agis Tbk PT (I) 3,412,500 188,788
Alam Sutera Realty Tbk PT 2,518,000 129,718
Aneka Tambang Persero Tbk PT 5,527,500 775,737
Asahimas Flat Glass Tbk PT 65,500 49,502
Astra Graphia Tbk PT 606,000 86,994
Bakrie & Brothers Tbk PT (I) 121,836,489 636,554
Bakrie Sumatera Plantations Tbk PT 17,546,000 253,914
Bakrie Telecom Tbk PT (I) 24,850,000 195,051
Bakrieland Development Tbk PT (I) 46,089,000 258,402
Bank Bukopin Tbk PT 4,493,500 299,611
Bank Danamon Indonesia Tbk PT 4,507,294 2,935,982
Bank Mandiri Persero Tbk PT 3,829,320 3,266,947
Bank Negara Indonesia Persero Tbk PT 11,492,881 4,703,433
Bank Pan Indonesia Tbk PT (I) 4,924,397 353,553
Bank Pembangunan Daerah Jawa Barat Dan    
Banten Tbk PT 2,121,500 242,955
Bank Tabungan Negara Persero Tbk PT 3,281,500 491,282
Barito Pacific Tbk PT (I) 1,893,500 96,842

 

126

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Emerging Markets Value Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Indonesia (continued)    
Benakat Petroleum Energy Tbk PT (I) 550,500 $ 10,565
Berlian Laju Tanker Tbk PT (I) 16,708,166 342,194
Bhakti Investama Tbk PT 17,730,000 912,996
Bisi International PT 607,500 68,715
Budi Acid Jaya Tbk PT 1,493,000 21,185
Bumi Serpong Damai PT 475,500 55,742
Central Proteinaprima Tbk PT (I) 16,930,000 53,072
Ciputra Development Tbk PT 16,900,000 1,249,931
Ciputra Property Tbk PT 213,500 14,010
Ciputra Surya Tbk PT 896,000 166,817
Clipan Finance Indonesia Tbk PT 1,045,000 43,498
Darma Henwa Tbk PT (I) 21,675,000 113,102
Davomas Abadi Tbk PT (I) 2,465,000 12,879
Elnusa Tbk PT (I) 2,000,000 36,280
Energi Mega Persada Tbk PT (I) 39,318,681 366,479
Gajah Tunggal Tbk PT 2,052,500 486,221
Global Mediacom Tbk PT 6,650,500 1,420,699
Gozco Plantations Tbk PT 3,863,400 86,702
Holcim Indonesia Tbk PT 1,381,268 410,133
Indah Kiat Pulp and Paper Corp. Tbk PT (I) 2,168,500 230,685
Indika Energy Tbk PT 1,851,000 311,695
Indofood Sukses Makmur Tbk PT 4,579,000 2,693,721
Intiland Development Tbk PT 3,722,500 127,664
Japfa Comfeed Indonesia Tbk PT 156,054 76,417
Kawasan Industri Jababeka Tbk PT (I) 14,566,000 325,978
Lippo Karawaci Tbk PT 18,485,793 1,910,660
Matahari Putra Prima Tbk PT 2,803,500 438,118
Medco Energi Internasional Tbk PT 2,465,000 439,846
Mitra International Resources Tbk PT (I) 1,747,000 12,778
Pabrik Kertas Tjiwi Kimia Tbk PT 72,500 17,042
Panin Financial Tbk PT (I) 19,315,500 257,469
Panin Insurance Tbk PT 1,627,000 83,139
Pembangunan Perumahan Persero Tbk PT 949,500 72,077
Perusahaan Perkebunan London Sumatra    
Indonesia Tbk PT 802,500 204,831
Polychem Indonesia Tbk PT (I) 2,945,500 110,290
Ramayana Lestari Sentosa Tbk PT 2,505,000 274,860
Sampoerna Agro Tbk PT 703,500 212,513
Samudera Indonesia Tbk PT 58,500 22,902
Selamat Sempurna Tbk PT 7,500 1,957
Sentul City Tbk PT (I) 19,986,000 435,889
Summarecon Agung Tbk PT 250,500 43,938
Suryainti Permata Tbk PT (I) 1,446,000 13,448
Tiga Pilar Sejahtera Food Tbk 747,000 56,731
Timah Persero Tbk PT 2,897,500 466,338
Trias Sentosa Tbk PT 2,019,500 65,318
Trimegah Securities Tbk PT (I) 1,540,500 18,351
Truba Alam Manunggal Engineering PT (I) 11,991,500 62,652
Tunas Baru Lampung Tbk PT 1,620,000 86,376
Tunas Ridean Tbk PT 2,272,500 199,023
United Tractors Tbk PT 50,500 108,571
Vale Indonesia Tbk PT 3,845,000 1,179,170
Wijaya Karya Persero Tbk PT 2,405,748 303,510
 
    32,427,542
Israel - 0.0%    
Mivtach Shamir Holdings, Ltd. (I) 6,245 113,446
Malaysia - 3.9%    
Affin Holdings BHD 711,300 783,595
Alliance Financial Group BHD 1,285,500 1,720,065
AMMB Holdings BHD 2,200,162 4,579,372
Ann Joo Resources BHD 252,200 109,599
Asas Dunia BHD 24,000 12,168
Bandar Raya Developments BHD 639,900 604,626
Berjaya Corp. BHD 2,315,900 473,227

 

Emerging Markets Value Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Malaysia (continued)    
BIMB Holdings BHD 142,900 $ 141,103
Bolton BHD 185,955 48,349
Boustead Holdings BHD 607,376 1,033,045
Cahya Mata Sarawak BHD 241,600 260,848
Coastal Contracts BHD 30,000 17,150
Dijaya Corp. BHD 40,900 13,641
DRB-Hicom BHD 1,194,900 895,883
Eastern & Oriental BHD 337,900 181,998
ECM Libra Financial Group BHD 542,489 155,996
Faber Group BHD 88,800 37,227
Gamuda BHD 143,700 161,681
Genting Malaysia BHD 635,500 726,397
Globetronics Technology BHD 190,440 91,421
Glomac BHD 462,600 121,697
Goldis BHD 306,000 202,151
HAP Seng Consolidated BHD 1,815,120 973,179
Hap Seng Plantations Holdings BHD 617,500 575,642
Hong Leong Financial Group BHD 309,800 1,201,789
Hong Leong Industries BHD 25,000 36,392
Hunza Properties BHD 113,800 55,895
Hwang-DBS Malaysia BHD 105,200 85,264
IGB Corp. BHD 1,590,043 1,208,120
IJM Corp. BHD 2,070,980 3,194,577
IJM Land BHD 443,300 308,669
IJM Plantations BHD 64,500 72,525
Insas BHD (I) 494,969 65,549
Integrated Logistics BHD 162,855 49,023
JAKS Resources BHD (I) 246,000 30,128
Jaya Tiasa Holdings BHD 251,226 197,107
K&N Kenanga Holdings BHD 323,600 74,073
Karambunai Corp. BHD (I) 1,978,300 83,787
Keck Seng Malaysia BHD 222,300 282,165
Kian JOO CAN Factory BHD 290,000 227,577
Kim Loong Resources BHD 32,400 25,225
Kinsteel BHD (I) 561,400 66,124
KLCC Property Holdings BHD 796,400 1,513,056
KNM Group BHD (I) 645,900 141,699
KSL Holdings BHD (I) 267,333 122,384
KUB Malaysia BHD (I) 534,400 81,991
Kulim Malaysia BHD 989,600 1,595,693
Kumpulan Fima BHD 2,300 1,542
Kwantas Corp. BHD 56,000 36,277
Land & General BHD (I) 163,200 21,036
Landmarks BHD (I) 384,900 116,562
Latexx Partners BHD 46,500 24,920
LBS Bina Group BHD 210,000 59,074
Lion Industries Corp. BHD 736,100 259,882
MAA Holdings BHD (I) 133,400 18,122
Mah Sing Group BHD 11,200 7,715
Malayan Flour Mills BHD 132,300 60,150
Malaysia Airports Holdings BHD 180,200 327,669
Malaysian Bulk Carriers BHD 154,500 69,643
Malaysian Pacific Industries BHD 64,375 56,211
Malaysian Resources Corp. BHD 248,200 129,517
MBM Resources BHD 78,650 86,197
Mega First Corp. BHD 163,700 88,351
MISC BHD (I) 346,300 480,898
MK Land Holdings BHD (I) 632,500 75,346
MMC Corp. BHD 1,118,700 1,005,480
MNRB Holdings BHD 10,000 10,146
Mudajaya Group BHD 201,700 179,246
Muhibbah Engineering Malaysia BHD 495,300 152,179
Mulpha International BHD (I) 2,622,700 338,720
Naim Holdings BHD 198,100 115,215
NCB Holdings BHD 4,100 5,701

 

127

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Emerging Markets Value Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Malaysia (continued)    
Nylex Malaysia BHD (I) 81,463 $ 14,168
Oriental Holdings BHD 549,620 1,384,277
OSK Holdings BHD 903,998 416,747
Panasonic Manufacturing Malaysia BHD 45,500 327,427
Perdana Petroleum BHD (I) 93,300 26,386
Pharmaniaga BHD 1,462 3,603
PJ Development Holdings BHD 258,900 67,300
POS Malaysia BHD 68,800 70,053
PPB Group BHD 729,200 2,876,299
Press Metal BHD 51,000 27,325
Protasco BHD 172,400 51,830
RHB Capital BHD 105,653 249,078
Salcon BHD 42,800 6,093
Scientex, Inc. BHD 51,000 40,758
Scomi Group BHD (I) 1,708,300 217,474
Selangor Dredging BHD 326,900 74,979
Selangor Properties BHD 105,000 118,667
Shangri-La Hotels BHD 101,900 139,686
Shell Refining Company Federation of    
Malaya BHD 161,700 476,236
SHL Consolidated BHD 172,300 70,465
Sunway BHD (I) 898,722 674,301
Supermax Corp. BHD 100,600 67,673
Suria Capital Holdings BHD 237,900 113,616
TA Ann Holdings BHD 344,990 442,260
TA Enterprise BHD 1,903,200 320,461
TA Global BHD 1,233,900 102,837
TAN Chong Motor Holdings BHD 8,100 12,364
TDM BHD 171,700 191,551
TH Plantations BHD (I) 48,200 37,470
Time.com BHD (I) 346,900 351,449
Tradewinds Corp. BHD 398,400 132,930
Tradewinds Malaysia BHD 65,700 154,849
Tradewinds Plantation BHD 36,400 51,537
UEM Land Holdings BHD (I) 170,400 93,379
Unisem Malaysia BHD 601,680 196,705
United Malacca BHD 97,800 234,226
VS Industry BHD 166,770 84,592
Wah Seong Corp. BHD 35,800 20,478
WCT BHD 121,000 105,874
Wing Tai Malaysia BHD 124,000 66,102
WTK Holdings BHD 368,500 125,063
Yeo Hiap Seng Malaysia BHD 28,700 33,264
YNH Property BHD 662,715 394,586
YTL Corp. BHD 3,886,340 2,183,581
YTL Land & Development BHD (I) 52,700 17,039
Zelan BHD (I) 227,600 26,756
 
    41,258,465
Mexico - 6.5%    
Alfa SAB de CV, Class A 3,135,770 5,837,050
Alsea SAB de CV (I) 223,527 347,661
Arca Continental SAB de CV 287,886 2,038,636
Axtel SAB de CV (I) 982,700 244,306
Bolsa Mexicana de Valores SAB de CV (I) 324,089 670,750
Cemex SAB de CV, ADR (I)(L) 1,313,956 10,945,253
Cia Minera Autlan SAB de CV, Series B 14,000 15,717
Consorcio ARA SAB de CV (I) 1,418,400 444,085
Controladora Comercial Mexicana SAB de CV 147,007 387,625
Corporacion GEO SAB de CV, Series B (I) 793,874 974,476
Desarrolladora Homex SAB de CV (I) 153,600 350,356
Desarrolladora Homex SAB de CV, ADR (I)(L) 9,800 133,672
Empresas ICA SAB de CV (I) 220,900 427,153
Empresas ICA SAB de CV, ADR (I)(L) 198,467 1,536,135

 

Emerging Markets Value Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Mexico (continued)    
Fomento Economico Mexicano SAB    
de CV, ADR (L) 82,567 $ 7,594,513
GMD Resorts SAB de CV (I) 67,800 22,123
Gruma SAB de CV, ADR (I)(L) 7,982 89,877
Gruma SAB de CV, Class B (I) 343,439 971,211
Grupo Aeroportuario del Centro Norte    
SAB de CV (I) 281,000 633,092
Grupo Aeroportuario del Centro Norte SAB    
de CV, ADR (I)(L) 4,057 72,620
Grupo Aeroportuario del Pacifico SAB    
de CV, ADR 81,585 3,532,631
Grupo Aeroportuario del Sureste SAB    
de CV, ADR (L) 30,747 2,724,184
Grupo Aeroportuario del Sureste SAB    
de CV, Class B 28,700 253,070
Grupo Carso SAB de CV, Series A1 1,016,659 3,474,495
Grupo Cementos de Chihuahua SAB de CV (I) 35,500 119,944
Grupo Comercial Chedraui SA de CV 17,900 45,613
Grupo Famsa SAB de CV, Class A (I) 357,718 394,631
Grupo Financiero Banorte SAB de CV, Series O 2,397,900 13,552,720
Grupo Financiero Inbursa SAB de CV, Series O 33,414 94,076
Grupo Industrial Maseca SAB de CV, Series B 53,900 62,812
Grupo Industrial Saltillo SAB de CV 94,000 148,977
Grupo KUO SAB de CV, Series B (I) 164,000 347,194
Grupo Mexicano de Desarrollo SAB de CV (I) 55,500 31,002
Grupo Mexico SAB de CV, Series B 2,391 7,902
Grupo Simec SAB de CV, Series B (I) 219,500 884,190
Industrias Bachoco SAB de CV, ADR 2,653 63,672
Industrias CH SAB de CV, Series B (I) 265,600 1,584,717
Inmuebles Carso SAB de CV, Class B1 (I) 1,110,125 888,324
Minera Frisco SAB de CV, Class A1 (I) 118,600 501,701
OHL Mexico SAB de CV (I) 40,300 65,029
Organizacion Soriana SAB de CV, Series B 1,587,300 5,165,731
Qualitas Controladora SAB de CV (I) 318,900 447,440
Sare Holding SAB de CV, Class B (I) 437,200 39,061
Urbi Desarrollos Urbanos SAB de CV (I) 662,000 405,272
 
    68,570,699
Philippines - 1.0%    
Alliance Global Group, Inc. 2,833,000 996,674
Atlas Consolidated Mining & Development (I) 141,600 59,030
Empire East Land Holdings, Inc. (I) 2,990,000 58,607
Filinvest Development Corp. 900,236 90,087
Filinvest Land, Inc. 18,335,500 596,975
First Philippine Holdings Corp. 427,000 807,493
Global-Estate Resorts, Inc. (I) 1,064,000 47,483
JG Summit Holdings, Inc. 57,000 44,329
Lopez Holdings Corp. 3,257,000 432,808
Megaworld Corp. 19,138,800 1,020,917
Metropolitan Bank & Trust Company 111,411 246,637
Pepsi-Cola Products Philippines, Inc. (I) 185,000 17,916
Philippine National Bank (I) 362,200 634,712
RFM Corp. 296,000 28,906
Rizal Commercial Banking Corp. 602,800 658,125
Robinsons Land Corp. 2,512,500 1,145,591
San Miguel Corp. 745,140 1,970,160
SM Development Corp. 541,420 79,074
Southeast Asia Cement Hldgs (I) 300,000 18,213
Union Bank of Philippines 214,600 539,215
Vista Land & Lifescapes, Inc. 5,803,000 664,369
 
    10,157,321
Poland - 1.8%    
Agora SA 77,712 181,995
Asseco Poland SA 62,666 876,000

 

128

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Emerging Markets Value Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Poland (continued)    
Bank Millennium SA (I) 296,783 $ 359,582
Bioton SA (I) 4,546,178 98,980
Ciech SA (I) 32,747 186,678
ComArch SA 1,802 40,272
Enea SA 92,903 474,951
Fabryki Mebli Forte SA 23,417 84,076
Farmacol SA (I) 10,785 81,840
Firma Oponiarska Debica SA 7,423 112,324
Getin Holding SA (I) 174,983 109,586
Grupa Kety SA 17,823 636,631
Grupa Lotos SA (I) 99,148 971,605
Impexmetal SA (I) 98,393 113,317
Koelner SA 3,382 9,777
Kopex SA (I) 61,117 361,854
Kredyt Bank SA (I) 46,402 231,746
LC Corp. SA (I) 155,767 57,743
MCI Management SA (I) 32,259 45,308
Netia SA (I) 324,551 622,996
Orbis SA 45,854 555,610
Petrolinvest SA (I)(L) 50,401 20,049
PGE SA 828,765 4,785,556
Polimex-Mostostal SA (I) 283,029 72,522
Polnord SA (I) 19,758 83,356
Polski Koncern Miesny Duda SA (I) 61,515 9,821
Polski Koncern Naftowy Orlen SA (I) 472,808 6,714,394
Rovese SA (I) 13,489 10,399
Sygnity SA (I) 6,918 29,064
Tauron Polska Energia SA 587,471 900,069
Zaklady Azotowe Pulawy SA 5,389 207,082
 
    19,045,183
Russia - 5.6%    
Federal Hydrogenerating Company JSC, ADR 865,654 2,319,101
Gazprom OAO, ADR 1,836,421 18,529,488
Gazprom OAO, ADR (London Exchange) 3,027,634 30,360,911
LUKOIL OAO, ADR 107,569 6,656,413
Magnitogorsk Iron & Steel Works, GDR (I) 90,476 416,190
Mechel, ADR (L) 141,858 998,680
 
    59,280,783
South Africa - 7.7%    
ABSA Group, Ltd. 383,490 6,383,329
Adcorp Holdings, Ltd. 25,940 87,226
Aeci, Ltd. 57,773 568,025
Afgri, Ltd. 389,921 243,100
African Rainbow Minerals, Ltd. 103,304 2,025,403
Allied Electronics Corp., Ltd. 62,999 173,666
ArcelorMittal South Africa, Ltd. (I) 138,452 683,154
Argent Industrial, Ltd. 113,274 85,723
Aveng, Ltd. 442,348 1,663,486
Barloworld, Ltd. 265,047 2,291,877
Basil Read Holdings, Ltd. (I) 36,217 38,232
Bell Equipment, Ltd. (I) 34,158 78,228
Blue Label Telecoms, Ltd. 182,758 141,094
Business Connexion Group, Ltd. 100,096 60,029
Caxton & CTP Publishers & Printers, Ltd. 185,300 385,591
Ceramic Industries, Ltd. 1,970 30,770
Cipla Medpro South Africa, Ltd. (I) 491,176 391,846
Clover Industries, Ltd. 12,309 20,420
Consolidated Infrastructure Group, Ltd. (I) 3,352 5,415
DataTec, Ltd. (I) 255,498 1,616,148
DRDGOLD, Ltd. 329,618 213,404
Eqstra Holdings, Ltd. 194,239 151,533
Gold Fields, Ltd., ADR (L) 784,509 10,080,941
Grindrod, Ltd. 607,680 1,036,679

 

Emerging Markets Value Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
South Africa (continued)    
Group Five, Ltd. (I) 94,236 $ 287,777
Harmony Gold Mining    
Company, Ltd., ADR (L) 532,185 4,475,676
Hudaco Industries, Ltd. 10,209 137,247
Hulamin, Ltd. (I) 112,965 50,726
Iliad Africa, Ltd. 124,370 77,661
Illovo Sugar, Ltd. (I) 28,541 104,638
Impala Platinum Holdings, Ltd. 382,149 6,389,518
Investec, Ltd. 318,380 1,955,807
JD Group, Ltd. 204,241 1,142,454
Kap International Holdings, Ltd. (I) 156,654 56,101
Lewis Group, Ltd. 97,828 839,895
Liberty Holdings, Ltd. 128,949 1,538,517
Merafe Resources, Ltd. (I) 2,241,497 215,689
Metair Investments, Ltd. 117,651 394,321
MMI Holdings, Ltd. (L) 1,098,176 2,796,588
Mondi, Ltd. 145,980 1,484,718
Mpact, Ltd. 6,878 15,627
Murray & Roberts Holdings, Ltd. (I) 16,911 44,976
Mvelaphanda Group, Ltd. (I) 618,180 156,061
Mvelaserve, Ltd. 154,755 148,749
Nedbank Group, Ltd. 282,400 6,211,081
Northam Platinum, Ltd. 193,290 693,075
Nu-World Holdings, Ltd. (I) 19,436 46,634
Omnia Holdings, Ltd. 62,359 936,065
Palabora Mining Company, Ltd. 3,979 42,574
Peregrine Holdings, Ltd. 95,789 128,869
Petmin, Ltd. 101,536 29,289
PSG Group, Ltd. 31,165 252,926
Raubex Group, Ltd. 77,675 140,874
Royal Bafokeng Platinum, Ltd. (I) 5,409 31,695
Sappi, Ltd. (I) 313,034 891,150
Sappi, Ltd., ADR (I)(L) 156,861 448,622
Sentula Mining, Ltd. (I) 262,338 56,783
Standard Bank Group, Ltd. 923,202 11,724,963
Stefanutti Stocks Holdings, Ltd. 48,594 61,225
Steinhoff International Holdings, Ltd. (I)(L) 1,829,606 5,737,028
Super Group, Ltd. (I) 247,529 456,732
Telkom SA, Ltd. (I) 271,496 572,243
Telkom SA, Ltd., ADR (I) 3,000 25,290
Tiger Wheels, Ltd. (I) 32,678 0
Times Media Group, Ltd. (I) 61,751 105,725
Tongaat Hulet, Ltd. 73,178 1,228,027
Trans Hex Group, Ltd. (I) 44,790 16,302
Trencor, Ltd. 89,914 577,611
Value Group, Ltd. 178,661 122,379
Village Main Reef, Ltd. 344,988 49,554
Wilson Bayly Holmes-Ovcon, Ltd. 30 497
Zeder Investments, Ltd. 116,050 37,599
 
    81,392,877
South Korea - 16.0%    
AMOREPACIFIC Group 2,495 1,106,646
Asia Cement Company, Ltd. 3,240 150,605
Asia Paper Manufacturing Company, Ltd. 1,600 19,195
AUK Corp. (I) 19,670 38,871
Bookook Securities Company, Ltd. 4,950 77,986
Boryung Pharmaceutical Company, Ltd. 3,860 62,795
BS Financial Group, Inc. 185,010 1,986,411
Busan City Gas Company, Ltd. 7,300 142,846
BYC Company, Ltd. 240 38,751
Byucksan Corp. (I) 19,800 36,517
Chin Hung International, Inc. (I) 21,552 16,647
Chong Kun Dang Pharm Corp. 3,960 99,558
Chosun Refractories Company, Ltd. 1,708 100,029

 

129

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Emerging Markets Value Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
South Korea (continued)    
CJ Corp. 17,422 $ 1,571,113
CJ Korea Express Company, Ltd. (I) 8,268 718,308
Cosmochemical Company, Ltd. (I) 3,570 40,641
Dae Dong Industrial Company, Ltd. 9,000 42,194
Dae Han Flour Mills Company, Ltd. 1,232 146,487
Dae Won Kang Up Company, Ltd. 1,907 11,632
Daechang Company, Ltd. (I) 43,270 59,187
Daeduck GDS Company, Ltd. 12,540 157,897
Daegu Department Store 9,340 114,127
Daehan Steel Company, Ltd. 9,250 76,529
Daekyo Company, Ltd. 44,550 242,572
Daelim Industrial Company, Ltd. 32,582 2,762,243
Daelim Trading Company, Ltd. 1,417 5,207
Daesang Corp. 18,550 391,019
Daesang Holdings Company, Ltd. 8,320 41,390
Daesung Group Partners Company, Ltd. 525 17,832
Daesung Holdings Company, Ltd. 8,110 49,166
Daesung Industrial Company, Ltd. (I) 2,959 46,723
Daewon Pharmaceutical Company, Ltd. 5,863 43,344
Daewoo Securities Company, Ltd. 27,971 318,425
Daewoo Shipbuilding & Marine    
Engineering Company, Ltd. 23,550 545,115
Daewoong Pharmaceutical Company, Ltd. 870 29,741
Dahaam E-Tec Company, Ltd. 2,630 40,093
Daishin Securities Company, Ltd. 53,530 423,071
Daou Technology, Inc. 26,120 407,631
DGB Financial Group, Inc. 146,510 1,930,100
Digital Power Communications Company, Ltd. 13,000 31,241
Dong Ah Tire & Rubber Company, Ltd. 10,970 154,248
Dong Yang Gang Chul Company, Ltd. (I) 2,200 4,919
Dong-Il Corp. 673 26,402
Dongbang Transport Logistics Company, Ltd. 5,500 25,868
Dongbu Corp. (I) 12,860 47,779
Dongbu HiTek Company, Ltd. (I) 26,970 173,740
Dongbu Securities Company, Ltd. 32,430 105,964
Dongbu Steel Company, Ltd. (I) 23,705 109,805
Dongil Industries Company, Ltd. 1,340 63,887
Dongil Rubber Belt Company, Ltd. 8,826 70,858
Dongkuk Steel Mill Company, Ltd. 42,070 612,756
Dongwha Pharmaceutical Company, Ltd. 16,190 86,694
Dongwon F&B Company, Ltd. 1,080 67,829
Doosan Corp. 5,073 621,761
Doosan Engineering &    
Construction Company, Ltd. (I) 40,872 102,985
Eugene Investment &    
Securities Company, Ltd. (I) 45,730 109,478
F&F Company, Ltd. 3,010 16,883
Fursys, Inc. 3,612 90,766
Gaon Cable Company, Ltd. 2,934 55,855
Golden Bridge Investment &    
Securities Company, Ltd. 17,880 19,787
GS Engineering & Construction Corp. 2,720 186,055
GS Holdings Corp. 42,665 2,544,602
Gwangju Shinsegae Company, Ltd. 1,111 234,991
Halla Engineering & Construction Corp. 14,352 140,171
Han Kuk Carbon Company, Ltd. 13,870 107,401
Hana Financial Group, Inc. 267,845 8,105,025
Handok Pharmaceuticals Company, Ltd. 1,320 15,291
Hanil Cement Company, Ltd. 6,209 225,320
Hanjin Heavy Industries &    
Construction Company, Ltd. (I) 38,143 411,854
Hanjin Heavy Industries & Construction    
Holdings Company, Ltd. 14,860 105,945
Hanjin Shipping Company, Ltd. (I) 66,686 802,350
Hanjin Shipping Holdings Company, Ltd. (I) 6,150 39,680

 

Emerging Markets Value Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
South Korea (continued)    
Hanjin Transportation Company, Ltd. 11,210 $ 205,686
Hankuk Glass Industries, Inc. 1,970 39,534
Hankuk Paper Manufacturing Company, Ltd. 3,920 77,052
Hanmi Science Company, Ltd. (I) 2,975 12,854
Hanmi Semiconductor Company, Ltd. 8,570 55,395
Hanshin Construction Company, Ltd. 3,090 20,830
Hansol CSN 23,490 67,180
Hansol Paper Company, Ltd. 40,470 339,283
Hanwha Chemical Corp. 67,510 1,287,024
Hanwha Corp. 38,140 1,180,342
Hanwha General Insurance Company, Ltd. (I) 3,270 22,374
Hanwha Investment &    
Securities Company, Ltd. 58,320 216,665
Hanwha Timeworld Company, Ltd. 2,650 45,924
Hanyang Securities Company, Ltd. 11,820 72,736
Heung-A Shipping Company, Ltd. 17,782 16,292
Hitejinro Holdings Company, Ltd. 7,640 70,473
HMC Investment Securities Company, Ltd. 17,256 233,016
HS R&A Company, Ltd. 2,470 26,444
Husteel Company, Ltd. 6,110 158,307
Hwacheon Machine Tool Company, Ltd. 940 36,753
Hyosung Corp. 21,955 1,222,597
Hyundai BNG Steel Company, Ltd. (I) 7,680 78,908
Hyundai Development Company 68,610 1,365,169
Hyundai Heavy Industries Company, Ltd. 529 118,558
Hyundai Mipo Dockyard 12,693 1,531,348
Hyundai Securities Company, Ltd. 141,746 1,176,214
Hyundai Steel Company 54,387 4,271,898
Il Dong Pharmaceutical Company, Ltd. 10,050 69,167
Iljin Electric Company, Ltd. 2,300 11,258
Iljin Holdings Company, Ltd. 9,591 15,749
Ilshin Spinning Company, Ltd. 867 57,588
Ilsung Pharmaceutical Company, Ltd. 1,895 143,996
Industrial Bank of Korea 208,787 2,289,005
Inzi Controls Company, Ltd. 6,050 43,145
IS Dongseo Company, Ltd. 9,480 113,764
ISU Chemical Company, Ltd. 7,460 155,841
Jeil Pharmaceutical Company 13,980 168,931
Jeil Savings Bank (I) 1,820 49
Jeonbuk Bank, Ltd. 48,334 196,108
Jinheung Savings Bank (I) 36,500 43,842
JW Pharmaceutical Corp. 6,466 77,359
KB Financial Group, Inc. 62,198 2,196,735
KB Financial Group, Inc., ADR (L) 341,648 12,056,758
KC Tech Company, Ltd. 9,012 34,930
KCC Corp. 5,518 1,446,658
Keangnam Enterprises, Ltd. 8,628 47,134
Keyang Electric Machinery Company, Ltd. 13,000 32,392
KG Chemical Corp. 5,600 40,707
KISCO Corp. 3,841 112,364
KISCO Holdings Company, Ltd. 778 26,232
Kishin Corp. 8,229 39,904
KISWIRE, Ltd. 5,463 166,588
Kolon Corp. 1,959 36,279
Kolon Global Corp. 7,660 27,561
Kolon Industries, Inc. 2,175 119,684
Korea Airport Service Company, Ltd. 2,720 69,615
Korea Cast Iron Pipe Industries Company, Ltd. 5,500 18,373
Korea Electric Terminal Company, Ltd. 5,770 139,442
Korea Exchange Bank (I) 325,730 2,478,635
Korea Flange Company, Ltd. 4,810 57,839
Korea Investment Holdings Company, Ltd. 44,860 1,591,127
Korea Life Insurance Company, Ltd. 62,170 430,389
Korea United Pharm, Inc. 2,050 12,813
KPX Chemcial Company, Ltd. 933 41,040

 

130

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Emerging Markets Value Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
South Korea (continued)    
KPX Fine Chemical Company, Ltd. (I) 510 $ 12,805
KTB Investment & Securities Company, Ltd. (I) 55,710 119,679
Kukdo Chemical Company, Ltd. 1,414 61,725
Kumho Electric Company, Ltd. 4,015 87,748
Kumho Investment Bank (I) 2,340 873
Kunsul Chemical Industrial Company, Ltd. 1,970 32,903
Kwang Dong Pharmaceutical Company, Ltd. 51,130 199,381
Kyeryong Construction    
Industrial Company, Ltd. 6,260 54,935
Kyobo Securities Company 12,618 54,921
Kyung Nong Corp. 5,660 16,409
Kyung-In Synthetic Corp. 7,860 21,496
Kyungbang, Ltd. (I) 1,042 96,087
LG Corp. 77,528 4,297,243
LG Display Company, Ltd., ADR (I)(L) 517,007 6,498,778
LG Electronics, Inc. 127,442 7,864,157
LG Hausys, Ltd. 4,347 317,145
LG Innotek Company, Ltd. (I) 8,476 614,003
LG Uplus Corp. 263,010 1,718,575
Livart Furniture Company, Ltd. 1,200 7,510
Lotte Chilsung Beverage Company, Ltd. 825 1,022,990
Lotte Confectionery Company, Ltd. 833 1,162,439
Lotte Samkang Company, Ltd. 924 473,679
Lotte Shopping Company, Ltd. 12,948 3,714,017
Meritz Securities Company, Ltd. 230,139 211,821
Mi Chang Oil Industrial Company, Ltd. 905 42,177
Mirae Asset Securities Company, Ltd. 24,550 739,010
Moorim P&P Company, Ltd. 29,420 104,796
Moorim Paper Company, Ltd. 13,820 32,153
Motonic Corp. 6,055 60,056
Namyang Dairy Products Company, Ltd. 559 517,658
National Plastic Company 2,860 6,875
Nexen Corp. 1,582 109,499
NH Investment & Securities Company, Ltd. 26,217 126,235
Nong Shim Holdings Company, Ltd. 2,560 133,630
Nongshim Company, Ltd. 2,041 487,005
Ottogi Corp. 876 195,943
PaperCorea, Inc. (I) 70,940 57,897
Poonglim Industrial Company, Ltd. (I) 3,790 375
Poongsan Corp. 1,190 37,088
Poongsan Holdings Corp. 5,382 118,368
POSCO 45,501 14,860,918
POSCO Coated & Color Steel Company, Ltd. 4,050 62,535
POSCO, ADR (L) 71,464 5,827,175
Pulmuone Holdings Company, Ltd. 620 21,197
S&T Dynamics Company, Ltd. 24,980 289,444
S&T Holdings Company, Ltd. 11,230 105,063
S&T Motiv Company, Ltd. 5,310 98,286
Saeron Automotive Corp. 5,550 25,394
Sam Lip General Foods Company, Ltd. 2,300 37,031
Sam Young Electronics Company, Ltd. 10,510 84,236
Sam Yung Trading Company, Ltd. 4,592 41,136
Sambu Construction Company, Ltd. (I) 5,132 22,323
SAMHWA Paint Industrial Company, Ltd. 5,090 20,326
Samick Musical Instruments Company, Ltd. 24,370 35,816
Samjin Pharmaceutical Company, Ltd. 2,250 21,861
Samsung SDI Company, Ltd. 39,287 5,567,993
Samwhan Corp. (I) 6,280 14,506
Samyang Genex Company, Ltd. 2,270 116,683
Samyang Holdings Corp. 6,504 385,417
Samyang Tongsang Company, Ltd. 1,360 28,136
SAVEZONE I&C Corp. 16,880 39,881
SBS Media Holdings Company, Ltd. 35,780 211,403
SeAH Holdings Corp. 1,122 100,849
SeAH Steel Corp. 2,835 287,247

 

Emerging Markets Value Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
South Korea (continued)    
Sebang Company, Ltd. 11,820 $ 170,063
Seowon Company, Ltd. 1,920 6,166
Sewon Cellontech Company, Ltd. (I) 3,610 9,876
SG Corp. (I) 84,000 48,252
Shin Poong Pharmaceutical Company, Ltd. 770 2,973
Shinhan Financial Group    
Company, Ltd., ADR (L) 195,168 13,103,580
Shinhan Financial Group Company, Ltd. 136,367 4,606,780
Shinsegae Engineering &    
Construction Company, Ltd. 700 7,218
Shinsegae Information &    
Communication Company, Ltd. 1,038 57,786
Shinsung Solar Energy Company, Ltd. (I) 21,150 37,083
Shinsung Tongsang Company, Ltd. 24,560 26,001
Shinwon Corp. (I) 27,180 30,930
Shinyoung Securities Company, Ltd. 5,296 145,935
Silla Company, Ltd. 5,476 108,398
Sindoh Company, Ltd. 3,959 247,458
SJM Company, Ltd. 4,902 35,363
SJM Holdings Company, Ltd. 2,999 9,877
SK Gas Company, Ltd. 2,870 224,161
SK Holdings Company, Ltd. 35,524 4,938,236
SK Innovation Company, Ltd. 38,962 5,852,853
SK Networks Company, Ltd. 118,827 1,091,245
SK Securities Company, Ltd. 198,250 225,453
Ssangyong Cement Industrial Company, Ltd. (I) 20,770 105,558
STX Corp. 34,400 253,298
STX Engine Company, Ltd. 14,010 110,735
STX Offshore & Shipbuilding Company, Ltd. 36,140 287,547
STX Pan Ocean Company, Ltd. (L) 112,020 371,800
Suheung Capsule Company, Ltd. 2,800 44,674
Sung Bo Chemicals Company, Ltd. 950 21,381
Sungshin Cement Company, Ltd. (I) 15,480 58,565
Sunjin Company, Ltd. 4,662 40,920
Sunjin Holdings Company, Ltd. (I) 33 610
Tae Kyung Industrial Company, Ltd. 10,000 30,715
Taekwang Industrial Company, Ltd. 444 377,996
Taeyoung Engineering & Construction, Ltd. 55,620 278,308
Tailim Packaging Industrial Company, Ltd. 30,000 51,408
TCC Steel 5,042 21,794
Telcoware Company, Ltd. 820 6,043
Tong Yang Moolsan Company, Ltd. 1,510 27,869
TONGYANG Securities, Inc. 75,161 282,527
TS Corp. 5,232 132,486
Uangel Corp. 3,800 17,945
Unid Company, Ltd. 1,621 60,538
Union Steel 8,940 110,702
Wiscom Company, Ltd. 3,760 14,597
Woongjin Holdings Company, Ltd. (I) 39,346 127,133
Woori Finance Holdings Company, Ltd. 424,357 4,169,969
Woori Finance Holdings Company, Ltd., ADR 100 2,956
Woori Financial Company, Ltd. 6,578 97,888
Woori Investment & Securities Company, Ltd. 131,401 1,377,943
YESCO Company, Ltd. 1,950 52,145
Yoosung Enterprise Company, Ltd. (L) 6,386 17,284
Youlchon Chemical Company, Ltd. 19,470 151,037
Young Poong Corp. 143 142,897
YuHwa Securities Company, Ltd. 3,410 41,067
 
    167,793,653
Taiwan - 13.3%    
A-DATA Technology Company, Ltd. 51,000 60,051
Ability Enterprise Company, Ltd. 21,000 18,965
AcBel Polytech, Inc. 254,000 185,486
Accton Technology Corp. 687,722 369,497

 

131

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Emerging Markets Value Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Taiwan (continued)    
Acer, Inc. (I) 2,808,000 $ 2,747,243
ACHEM Technology Corp. 122,700 59,763
Action Electronics Company, Ltd. (I) 190,923 49,451
AGV Products Corp. (I) 568,100 196,003
Alpha Networks, Inc. 215,000 151,897
Altek Corp. 291,578 172,903
AMPOC Far-East Company, Ltd. 86,993 75,161
AmTRAN Technology Company, Ltd. 109,185 85,692
APCB, Inc. 92,000 69,528
Apex Science & Engineering 6,489 2,314
Ardentec Corp. 22,219 15,295
Arima Optoelectronics Corp. (I) 63,750 9,726
Asia Cement Corp. 2,033,032 2,569,983
Asia Optical Company, Inc. (I) 183,000 209,218
Asia Polymer Corp. 20,400 19,277
Asia Vital Components Company Ltd. 148,328 76,866
AU Optronics Corp., ADR (I)(L) 904,460 3,147,521
Audix Corp. 81,200 67,419
Aurora Systems Corp. 42,000 41,418
Avermedia Technologies, Inc. 103,000 60,843
Avision, Inc. (I) 154,751 51,851
AVY Precision Technology, Inc. 4,000 6,712
Bank of Kaohsiung, Ltd. (I) 518,207 163,205
Basso Industry Corp. 28,000 18,074
BES Engineering Corp. 2,195,700 582,048
Biostar Microtech International Corp. 67,000 28,625
Bright Led Electronics Corp. 44,000 26,282
C Sun Manufacturing, Ltd. 59,000 40,968
Cameo Communications, Inc. (I) 164,944 43,007
Capital Securities Corp. 711,069 269,425
Carnival Industrial Corp. (I) 205,000 72,077
Cathay Chemical Works, Inc. 93,000 42,170
Cathay Real Estate    
Development Company, Ltd. 1,335,000 639,392
Central Reinsurance Company, Ltd. (I) 293,422 133,791
ChainQui Construction    
Development Company, Ltd. 75,000 51,351
Champion Building Materials Company, Ltd. 120,132 49,379
Chang Hwa Commercial Bank 2,541,250 1,372,951
Charoen Pokphand Enterprise 147,000 73,082
Cheng Loong Corp. 1,412,320 571,769
Cheng Uei Precision Industry Company, Ltd. 63,629 151,617
Chia Hsin Cement Corp. 715,773 358,567
Chien Kuo Construction Company, Ltd. 172,785 83,516
Chien Shing Stainless Steel Company, Ltd. (I) 199,000 27,453
Chimei Innolux Corp. (I) 5,839,767 2,109,651
Chin-Poon Industrial Company, Ltd. 571,571 673,609
China Airlines, Ltd. (I) 2,108,910 881,138
China Chemical &    
Pharmaceutical Company, Ltd. 196,000 139,537
China Development    
Financial Holdings Corp. (I) 12,429,208 3,062,223
China Electric Manufacturing Corp. 93,000 66,727
China General Plastics Corp. (I) 495,000 230,401
China Glaze Company, Ltd. 98,000 50,792
China Manmade Fibers Corp. (I) 1,729,000 705,240
China Metal Products Company, Ltd. 201,136 173,979
China Motor Corp. 929,125 892,981
China Petrochemical Development Corp. 626,000 528,344
China Steel Structure Company, Ltd. 169,000 167,943
China Synthetic Rubber Corp. 136,965 146,359
China Wire & Cable Company, Ltd. (I) 128,000 47,612
Chinese Maritime Transport, Ltd. 12,000 14,382
Chun Yu Works & Company, Ltd. (I) 161,000 55,345
Chun Yuan Steel 672,874 268,167

 

Emerging Markets Value Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Taiwan (continued)    
Chung Hsin Electric &    
Machinery Manufacturing Corp. 292,000 $ 157,873
Chung Hung Steel Corp. (I) 235,625 67,369
Chung Hwa Pulp Corp. (I) 501,610 171,149
Chunghwa Picture Tubes, Ltd. (I) 4,649,429 133,491
CMC Magnetics Corp. (I) 4,348,000 738,902
Collins Company, Ltd. 134,626 56,722
Compal Electronics, Inc. 3,253,000 2,924,989
Compeq Manufactuing Company 1,453,000 653,469
Concord Securities Corp. (I) 48,000 11,074
Continental Holdings Corp. 821,000 325,793
Coretronic Corp. 46,000 43,954
Coxon Precise Industrial Company, Ltd. 59,000 108,933
CSBC Corp. Taiwan 72,100 49,443
D-Link Corp. 389,834 237,305
DA CIN Construction Company, Ltd. 62,000 40,546
Darfon Electronics Corp. 220,850 163,773
Delpha Construction Company, Ltd. 149,261 50,378
DFI, Inc. 6,000 4,784
Dynamic Electronics Company, Ltd. 159,762 55,573
E Ink Holdings, Inc. 104,000 112,926
E-Ton Solar Tech Company, Ltd. (I) 83,000 34,227
E.Sun Financial Holding Company, Ltd. 5,584,924 3,149,952
Eastern Media International Corp. (I) 1,273,049 186,942
Edom Technology Company, Ltd. 141,000 51,237
Elite Material Company 61,000 63,802
Elite Semiconductor    
Memory Technology, Inc. (I) 127,000 108,641
Elitegroup Computer    
Systems Company, Ltd. (I) 968,793 321,503
Enlight Corp. (I) 49,130 2,769
Entie Commercial Bank 53,000 26,217
Episil Technologies, Inc. 140,000 45,868
Epistar Corp. 471,000 999,616
Eternal Chemical Company, Ltd. 35,000 29,698
Everest Textile Company, Ltd. (I) 230,000 62,467
Evergreen International Storage    
& Transport Corp. 353,600 238,312
Evergreen Marine Corp., Ltd. (I) 1,928,291 1,012,717
Everlight Chemical Industrial Corp. 26,250 17,439
Everlight Electronics Company, Ltd. 44,000 70,811
Everspring Industry Company, Ltd. (I) 182,000 67,876
Excel Cell Electronic Company, Ltd. 34,000 13,208
Excelsior Medical Company, Ltd. 46,200 95,651
Far Eastern International Bank 1,870,846 738,110
Farglory Land Development Company, Ltd. 8,000 14,885
Federal Corp. 556,022 430,688
First Copper Technology Company, Ltd. (I) 356,000 120,118
First Financial Holding Company, Ltd. 6,348,164 3,918,081
First Insurance Company, Ltd. 193,475 95,210
First Steamship Company, Ltd. 26,000 27,824
Forhouse Corp. 323,099 170,160
Formosa Advanced    
Technologies Company, Ltd. 15,000 11,260
Formosa Epitaxy, Inc. (I) 329,000 238,680
Formosa Oilseed Processing 88,578 40,112
Formosa Taffeta Company, Ltd. 1,399,000 1,341,408
Formosan Rubber Group, Inc. 272,000 194,907
Formosan Union Chemical 280,940 172,057
Fortune Electric Company, Ltd. 35,000 15,840
Founding Construction &    
Development Company, Ltd. 65,623 41,111
Froch Enterprise Company, Ltd. (I) 41,000 15,563
FSP Technology, Inc. 72,229 70,487
FU I Industrial Company, Ltd. (I) 36,727 65,616

 

132

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Emerging Markets Value Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Taiwan (continued)    
Fubon Financial Holding Company, Ltd. (I) 4,243,649 $ 4,569,051
Fullerton Technology Company, Ltd. 86,460 73,301
Fulltech Fiber Glass Corp. 42,000 23,649
Fwusow Industry Company, Ltd. 175,702 92,039
G Shank Enterprise Company, Ltd. 55,000 34,231
Gemtek Technology Corp. (I) 175,697 186,349
Getac Technology Corp. 460,000 327,706
Giantplus Technology Company, Ltd. (I) 170,000 61,736
Gigabyte Technology Company, Ltd. 854,000 777,788
Gigastorage Corp. 225,000 172,502
Gintech Energy Corp. (I) 221,349 226,993
Global Brands Manufacture, Ltd. 171,806 67,736
Globe Union Industrial Corp. 91,000 55,422
Gold Circuit Electronics, Ltd. (I) 666,204 156,093
Goldsun Development &    
Construction Company, Ltd. 1,644,714 657,132
Grand Pacific Petrochemical Corp. 783,000 424,386
Green Energy Technology, Inc. (I) 221,194 158,142
GTM Corp. (I) 159,000 92,992
Hannstar Board Corp. 128,759 68,866
HannStar Display Corp. (I) 2,359,500 234,908
Harvatek Corp. 131,521 68,551
Hey Song Corp. 359,000 587,112
HiTi Digital, Inc. 34,000 19,296
Hitron Technology, Inc. 58,000 33,275
Ho Tung Chemical Corp. (I) 809,279 445,941
Hocheng Corp. 424,500 138,456
Hold-Key Electric Wire &    
Cable Company, Ltd. 28,840 11,542
Holy Stone Enterprise Company, Ltd. 169,000 148,666
Hong TAI Electric Industrial Company, Ltd. 351,000 121,982
Horizon Securities Company, Ltd. (I) 79,000 19,409
Hsin Kuang Steel Company, Ltd. 312,085 200,728
Hsing TA Cement Company, Ltd. 435,000 154,936
HUA ENG Wire & Cable Company, Ltd. (I) 923,000 333,370
Hua Nan Financial Holdings Company, Ltd. 2,586,684 1,451,865
Hung Ching Development &    
Construction Company, Ltd. 173,000 82,290
Hung Poo Real Estate Development Corp. 123,000 122,890
Hung Sheng Construction Company, Ltd. 827,200 477,258
Hwa Fong Rubber Company, Ltd. (I) 427,770 97,181
I-Chiun Precision Industry Company, Ltd. (I) 98,000 71,618
Ichia Technologies, Inc. (I) 478,180 252,135
Inotera Memories, Inc. (I) 1,970,000 340,247
Inventec Corp. 2,755,449 1,086,450
ITE Technology, Inc. (I) 108,000 95,511
J Touch Corp. (I) 14,000 13,934
Jess-Link Products Company, Ltd. (I) 13,000 11,919
Jui Li Enterprise Company, Ltd. 66,950 20,717
K Laser Technology, Inc. (I) 82,214 34,720
Kang Na Hsiung Enterprise Company, Ltd. 105,000 50,130
Kaulin Manufacturing Company, Ltd. 202,710 128,648
Kenmec Mechanical    
Engineering Company, Ltd. 44,000 16,010
Kindom Construction Company, Ltd. 214,000 150,672
King Yuan Electronics Company, Ltd. 1,771,796 972,066
King’s Town Bank (I) 517,000 360,435
King’s Town Construction Company, Ltd. 38,850 41,093
Kinpo Electronics, Inc. 1,828,269 433,068
KS Terminals, Inc. 25,000 22,603
Kuoyang Construction Company, Ltd. 235,000 123,006
Kwong Fong Industries Corp. (I) 671,300 418,589
KYE System Corp. (I) 213,000 76,081
L&K Engineering Company, Ltd. 74,000 71,855
LAN FA Textile Company, Ltd. 188,863 61,287

 

Emerging Markets Value Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Taiwan (continued)    
Lead Data, Inc. (I) 289,753 $ 20,891
Leader Electronics, Inc. 10,000 5,250
Lealea Enterprise Company, Ltd. 1,037,163 398,506
Ledtech Electronics Corp. 72,000 28,855
LEE CHI Enterprises Company, Ltd. 118,000 50,312
Lelon Electronics Corp. 76,650 33,850
Leofoo Development Company, Ltd. (I) 125,969 76,267
Li Peng Enterprise Company, Ltd. (I) 631,659 205,409
Lien Hwa Industrial Corp. 776,414 519,578
Lingsen Precision Industries, Ltd. 372,481 218,639
LITE-ON IT Corp. 100,212 92,281
Lite-On Semiconductor Corp. 245,000 127,748
Lite-On Technology Corp. 2,283,677 2,949,164
Long Bon International Company, Ltd. (I) 82,000 54,074
Long Chen Paper Company, Ltd. (I) 750,771 205,279
Lotes Company, Ltd. 14,000 43,928
Lucky Cement Corp. (I) 390,000 85,091
Macronix International 3,734,001 1,241,997
Marketech International Corp. 82,000 49,605
Masterlink Securities Corp. (I) 708,000 227,826
Maxtek Technology Company, Ltd. 16,000 11,594
Mayer Steel Pipe Corp. (I) 321,379 133,306
Mega Financial Holding Company, Ltd. 11,029,050 8,424,562
Meiloon Industrial Company, Ltd. (I) 117,048 42,064
Mercuries Data Systems, Ltd. 49,000 17,306
Merry Electronics Company, Ltd. 34,650 54,602
Micro-Star International Company, Ltd. 1,410,264 688,532
Microelectronics Technology, Inc. (I) 204,000 96,084
Mirle Automation Corp. 8,240 5,680
Mitac International Corp. 1,913,956 735,218
Mobiletron Electronics Company, Ltd. 56,000 33,967
Mosel Vitelic, Inc. (I) 521,000 40,655
Motech Industries, Inc. (I) 47,000 49,325
Mustek Systems, Inc. (I) 28,367 2,496
Nan Ya Printed Circuit Board Corp. 46,000 74,730
Neo Solar Power Corp. (I) 317,000 204,762
Nien Hsing Textile Company, Ltd. (I) 486,183 345,828
Ocean Plastics Company, Ltd. (I) 5,000 5,074
Optimax Technology Corp. (I) 144,610 14,284
OPTOTECH Corp. 305,000 136,777
Orient Semiconductor Electronics, Ltd. (I) 382,000 58,647
P-Two Industries, Inc. 14,000 8,429
Pacific Construction Company, Ltd. 89,289 26,088
Pan Jit International, Inc. (I) 249,000 102,786
Paragon Technologies Company, Ltd. 50,400 71,371
Pegatron Corp. 1,381,660 1,787,064
Phihong Technology Company, Ltd. 16,000 14,105
Plotech Company, Ltd. 30,000 12,864
Pou Chen Corp. 1,607,348 1,640,625
Powercom Company, Ltd. (I) 85,600 32,573
Powertech Technology, Inc. 117,000 223,445
President Securities Corp. (I) 564,285 304,135
Prodisc Technology, Inc. (I) 762,000 4,419
Promate Electronic Company, Ltd. 44,000 35,148
Qisda Corp. (I) 1,550,280 350,248
Quanta Storage, Inc. 68,000 48,709
Quintain Steel Company, Ltd. 361,602 91,185
Radium Life Tech Company, Ltd. 390,483 269,912
Ralec Electronic Corp. 41,335 41,322
Rexon Industrial Corp., Ltd. (I) 80,000 17,577
Ritek Corp. (I) 4,226,029 558,144
Sampo Corp. 902,338 312,812
Sanyang Industrial Company, Ltd. (I) 952,859 653,682
SDI Corp. 52,000 38,242
Sheng Yu Steel Company, Ltd. 169,000 107,710

 

133

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Emerging Markets Value Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Taiwan (continued)    
ShenMao Technology, Inc. 13,000 $ 16,270
Shih Wei Navigation Company, Ltd. 42,000 36,459
Shihlin Electric & Engineering Corp. 41,000 48,571
Shin Kong Financial Holding Company, Ltd. (I) 3,916,000 1,086,517
Shin Zu Shing Company, Ltd. 33,000 118,774
Shinkong Insurance Company, Ltd. 108,000 71,297
Shinkong Synthetic Fibers Corp. 2,221,239 776,892
Shuttle, Inc. (I) 112,000 42,220
Sigurd Microelectronics Corp. 376,293 310,315
Silicon Integrated Systems Corp. (I) 440,000 157,299
Sinbon Electronics Company, Ltd. 118,000 103,622
Sino-American Silicon Products, Inc. 69,000 93,045
Sinon Corp. 368,650 172,604
SinoPac Financial Holdings Company, Ltd. 8,807,798 3,692,739
Sirtec International Company, Ltd. 20,000 23,337
Sitronix Technology Corp. 45,000 64,285
Siward Crystal Technology Company, Ltd. (I) 64,213 22,130
Solelytex Enterprise Corp. (I) 72,000 26,393
Solomon Technology Corp. (I) 90,394 39,657
Southeast Cement Company, Ltd. 295,000 134,501
Spirox Corp. 127,068 54,850
Springsoft, Inc. 102,000 192,672
Star Comgistic Capital Company, Ltd. 59,000 27,284
Stark Technology, Inc. 22,000 19,467
Sunonwealth Electric Machine    
Industry Company, Ltd. 19,000 11,864
Sunplus Technology Company, Ltd. (I) 409,000 138,630
Sunrex Technology Corp. 71,000 31,970
Super Dragon Technology Company, Ltd. (I) 3,000 3,030
Supreme Electronics Company, Ltd. 181,000 86,145
Sweeten Construction Company, Ltd. 36,729 21,509
TA Chen Stainless Pipe 612,535 336,473
Ta Chong Bank, Ltd. (I) 2,620,320 907,595
Ta Chong Securities Company, Ltd. (I) 51,000 14,793
Ta Ya Electric Wire & Cable Company, Ltd. 928,436 232,720
TA-I Technology Company, Ltd. 73,634 44,689
Tah Hsin Industrial Company, Ltd. 217,000 226,188
Taichung Commercial Bank 2,061,504 699,759
Tainan Enterprises Company, Ltd. 194,250 182,603
Tainan Spinning Company, Ltd. 1,704,135 816,692
Taishin Financial Holdings Company, Ltd. 7,925,326 3,041,696
Taisun Enterprise Company, Ltd. 73,032 42,573
Taita Chemical Company, Ltd. 140,028 49,083
Taiwan Business Bank (I) 3,940,127 1,181,649
Taiwan Cement Corp. 3,198,983 3,956,797
Taiwan Cogeneration Corp. 359,434 237,298
Taiwan Cooperative Financial Holding 6,201,390 3,431,211
Taiwan Fire & Marine Insurance Company 6,000 4,330
Taiwan FU Hsing Industrial Company, Ltd. 231,000 188,697
Taiwan Hopax Chemicals    
Manufacturing Company, Ltd. 10,200 4,872
Taiwan Kolin Company, Ltd. (I) 327,000 0
Taiwan Land Development Corp. (I) 348,902 144,642
Taiwan Mask Corp. 407,150 141,431
Taiwan Navigation Company, Ltd. 9,000 7,815
Taiwan Paiho, Ltd. 404,845 266,510
Taiwan Pulp & Paper Corp. 417,640 135,662
Taiwan Sakura Corp. 15,000 8,419
Taiwan Semiconductor Company, Ltd. 33,000 16,163
Taiwan Styrene Monomer Corp. (I) 718,159 245,801
Taiwan TEA Corp. 546,000 303,351
Taiwan Union Technology Corp. 24,000 12,677
Taiyen Biotech Company, Ltd. 320,000 248,351
Tatung Company, Ltd. (I) 2,265,400 582,166
Teapo Electronic Corp. (I) 108,163 14,524

 

Emerging Markets Value Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Taiwan (continued)    
Teco Electric & Machinery Company, Ltd. 2,874,000 $ 1,986,670
Tekcore Company, Ltd. (I) 17,000 8,180
Tex-Ray Industrial Company, Ltd. 91,800 30,323
Thinking Electronic Industrial Company, Ltd. 52,000 51,695
Ton Yi Industrial Corp. 697,200 404,424
Tong Yang Industry Company, Ltd. 160,929 158,278
Tong-Tai Machine & Tool Company, Ltd. 110,160 93,640
Topco Scientific Company, Ltd. 11,444 18,488
Topoint Technology Company, Ltd. 69,664 43,025
Tung Ho Steel Enterprise Corp. 266,000 270,639
TYC Brother Industrial Company, Ltd. 170,511 70,385
Tycoons Group Enterprise Company, Ltd. (I) 367,768 70,275
Tyntek Corp. (I) 209,096 63,956
TZE Shin International Company, Ltd. (I) 53,742 28,338
U-Tech Media Corp. (I) 180,000 34,577
Unimicron Technology Corp. 1,111,000 1,319,184
Union Bank of Taiwan (I) 743,372 267,587
Unitech Computer Company, Ltd. 158,039 79,673
Unitech Printed Circuit Board Corp. 717,975 257,266
United Microelectronics Corp. 16,156,794 6,695,806
Universal Cement Corp. 821,108 412,746
Universal Microelectronics Company, Ltd. (I) 60,000 16,633
Unizyx Holding Corp. 377,000 184,602
UPC Technology Corp. 937,435 515,140
Ve Wong Corp. 93,993 71,465
Wafer Works Corp. 76,342 43,521
Wah Lee Industrial Corp. 98,000 130,571
Walsin Lihwa Corp. (I) 4,214,000 1,465,940
Walsin Technology Corp. (I) 858,044 221,634
Walton Advanced Engineering, Inc. (I) 229,584 72,181
Wan Hai Lines, Ltd. (I) 149,050 83,312
Waterland Financial Holding Company, Ltd. 2,977,081 907,056
WEI Chih Steel Industrial Company, Ltd. (I) 100,000 18,142
Weikeng Industrial Company, Ltd. 94,500 69,029
Well Shin Technology Company, Ltd. 30,000 41,641
Wellypower Optronics Corp. (I) 92,000 41,251
Weltrend Semiconductor, Inc. (I) 10,000 4,244
Winbond Electronics Corp. (I) 4,720,000 708,742
Wintek Corp. (I) 1,535,000 799,863
Wistron Corp. 198,450 238,365
WT Microelectronics Company, Ltd. 17,509 21,954
WUS Printed Circuit Company, Ltd. (I) 520,000 244,968
Yageo Corp. (I) 3,548,000 1,078,616
Yang Ming Marine Transport Corp. (I) 786,500 327,436
YC INOX Company, Ltd. 187,000 110,793
Yem Chio Company, Ltd. 52,678 42,339
Yi Jinn Industrial Company, Ltd. 301,996 76,190
Yieh Phui Enterprise Company, Ltd. 1,775,363 552,458
Young Fast Optoelectronics Company, Ltd. 103,000 248,163
Yuanta Financial Holdings Company, Ltd. 7,417,705 3,881,346
Yuen Foong Yu Paper    
Manufacturing Company, Ltd. 1,678,202 715,759
Yufo Electronics Company, Ltd. 12,000 8,187
Yulon Motor Company, Ltd. 503,000 1,008,538
Yung Chi Paint & Varnish    
Manufacturing Company, Ltd. 63,787 127,579
Zenitron Corp. 150,000 97,800
Zig Sheng Industrial Company, Ltd. 349,414 124,189
 
    140,370,360
Thailand - 3.1%    
A.J. Plast PCL 117,500 54,207
AAPICO Hitech PCL 120,600 85,023
Asia Plus Securities PCL 976,600 72,975
Bangchak Petroleum PCL 805,100 638,221

 

134

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Emerging Markets Value Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Thailand (continued)    
Bangkok Aviation Fuel Services PCL 139,371 $ 75,617
Bangkok Bank PCL 1,038,900 6,518,284
Bangkok Bank PCL, Foreign Shares 145,000 944,311
Bangkok Expressway PCL 565,700 542,175
Bangkok Insurance PCL 3,250 27,770
Bangkokland PCL (I) 9,510,100 386,213
Bank of Ayudhya PCL 2,762,100 2,819,723
CalComp Electronics Thailand PCL 1,880,300 166,160
Delta Electronics Thailand PCL 268,300 224,455
Eastern Water Resources Development &    
Management PCL 275,500 119,938
Esso Thailand PCL 1,090,000 378,915
G J Steel PCL (I) 23,487,100 106,829
G Steel PCL (I) 3,947,700 43,607
Golden Land Property Development PCL (I) 37,000 9,376
Hana Microelectronics PCL 328,800 223,259
IRPC PCL 9,283,000 1,284,782
Italian-Thai Development PCL (I) 1,550,400 181,333
KGI Securities Thailand PCL 566,200 40,837
Kiatnakin Bank PCL 434,200 652,429
Krung Thai Bank PCL 4,967,600 2,953,446
Krungthai Card PCL (I) 134,500 109,243
Loxley PCL 604,500 89,556
MBK PCL 46,300 175,994
Padaeng Industry PCL 166,300 71,858
Polyplex PCL 266,900 120,530
Pranda Jewelry PCL 214,300 50,477
Precious Shipping PCL 577,100 247,489
PTT Global Chemical PCL 2,035,600 4,166,433
PTT PCL 202,800 2,167,680
Quality House PCL 3,590,167 229,780
Regional Container Lines PCL (I) 582,300 132,427
Rojana Industrial Park PCL (I) 29,800 9,585
Saha-Union PCL 204,000 265,107
Sahaviriya Steel Industries PCL (I) 8,662,200 168,854
Sansiri PCL 4,504,732 418,568
SC Asset Corp. PCL 336,400 196,725
Sri Trang Agro-Industry PCL (L) 518,700 261,204
Tata Steel Thailand PCL (I) 5,227,800 135,875
Thai Airways International PCL (I) 885,300 624,139
Thai Carbon Black PCL 44,000 41,098
Thai Oil PCL 600,900 1,273,838
Thai Plastic & Chemical PCL 10,900 10,624
Thai Stanley Electric PCL 700 5,185
Thaicom PCL (I) 758,200 468,025
Thanachart Capital PCL 811,900 995,751
Thoresen Thai Agencies PCL 437,660 234,613
TMB Bank PCL 15,334,300 906,707
TPI Polene PCL 1,302,600 545,924
Vanachai Group PCL 940,600 141,793
Vinythai PCL 56,200 33,778
 
    32,848,745
Turkey - 2.0%    
Adana Cimento Sanayii TAS, Class A 1,813 3,451
Aksa Akrilik Kimya Sanayi AS 170,085 445,134
Alarko Holding AS 100,330 213,930
Albaraka Turk Katilim Bankasi AS (I) 47,374 35,895
Anadolu Anonim Tuerk Sigorta Sirketi (I) 360,610 182,807
Anadolu Cam Sanayii AS (I) 51,099 67,303
Asya Katilim Bankasi AS (I) 371,165 409,503
Aygaz AS 112,944 481,880
Baticim Bati Anadolu Cimento Sanayii AS 508 1,838
Bolu Cimento Sanayii AS 117,979 85,385

 

Emerging Markets Value Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Turkey (continued)    
Borusan Mannesmann Boru Sanayi ve    
Ticaret AS 14,559 $ 222,166
Cemtas Celik Makina Sanayi Ticaret AS 98,165 61,767
Cimsa Cimento Sanayi VE Tica 62,677 276,332
Dogan Sirketler Grubu Holdings AS (I) 1,464,692 587,545
Dogus Otomotiv Servis ve Ticaret AS 6,235 21,031
Eczacibasi Yatirim Holding Ortakligi AS 27,948 90,259
EGE Seramik Sanayi ve Ticaret AS 31,602 39,614
EIS Eczacibasi Ilac ve Sinai ve Finansal    
Yatirimlar Sanayi ve Ticaret AS 268,690 278,390
Eregli Demir ve Celik Fabrikalari TAS 1,034,264 1,273,494
Gentas Genel Metal Sanayi ve Ticaret AS 70,980 52,564
Global Yatirim Holding AS (I)(L) 380,889 273,630
Goldas Kuyumculuk Sanayi Ithalat ve    
Ihracat AS (I) 54,846 15,575
GSD Holding AS (I) 418,949 156,320
Gunes Sigorta (I) 14,161 16,016
Hurriyet Gazetecilik AS (I) 291,507 129,969
Ihlas Holding AS (I) 344,633 259,157
Is Finansal Kiralama AS (I) 84,158 43,616
Kardemir Karabuk Demir Celik Sanayi ve    
Ticaret AS, Class A 371,286 283,275
Kardemir Karabuk Demir Celik Sanayi ve    
Ticaret AS, Class B 51,079 59,457
Kardemir Karabuk Demir Celik Sanayi ve    
Ticaret AS, Class D 162,805 106,128
KOC Holdings AS 717,392 2,870,530
Kordsa Global Endustriyel Iplik ve Kord Bezi    
Sanayi ve Ticaret A.S. 150,310 306,214
Marti Otel Isletmeleri AS (I) 100,968 35,443
Menderes Tekstil Sanayi ve Ticaret AS (I) 171,704 53,551
Metro Ticari ve Mali Yatirimlar Holding AS (I) 49,860 14,444
Net Turizm Ticaret ve Sanayi AS (I) 196,638 71,193
Parsan Makina Parcalari (I) 48,236 79,453
Petkim Petrokimya Holding AS 389,715 436,429
Pinar Entegre Et ve Un Sanayi AS 36,324 106,763
Polyester Sanayi AS (I) 36,667 25,331
Sarkuysan Elektrolitik Bakir Sanayi ve    
Ticaret AS 168,256 208,952
Sekerbank TAS (I) 472,361 331,645
Soda Sanayii AS (I) 19,642 31,609
Tekfen Holding AS 210,781 765,376
Tekstil Bankasi AS (I) 84,007 33,228
Trakya Cam Sanayi AS (I) 420,130 475,084
Turcas Petrol AS 47,466 75,595
Turk Hava Yollari (I) 628,584 1,316,898
Turkiye Is Bankasi, Class C 993,689 3,123,914
Turkiye Sinai Kalkinma Bankasi AS 691,828 770,956
Turkiye Sise ve Cam Fabrikalari AS 723,387 1,003,674
Turkiye Vakiflar Bankasi Tao, Class D 1,023,771 2,213,569
Uzel Makina Sanayii AS (I) 22,930 0
Vestel Elektronik Sanayi ve Tracaret AS (I) 118,623 121,022
Yapi ve Kredi Bankasi AS (I) 360,334 859,587
 
    21,503,891
TOTAL COMMON STOCKS (Cost $1,031,328,741) $ 1,037,797,395
 
PREFERRED SECURITIES - 1.6%    
Brazil - 1.6%    
Banco ABC Brasil SA 99,955 596,599
Banco Daycoval SA 88,000 473,153
Banco Industrial e Comercial SA 155,800 546,424
Banco Panamericano SA 64,100 160,625
Banco Pine SA 36,554 265,060
Banco Sofisa SA 83,500 152,399

 

135

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Emerging Markets Value Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
PREFERRED SECURITIES (continued)    
Brazil (continued)    
Bardella SA Industrias Mecanicas 916 $ 35,470
Cia de Tecidos do Norte de Minas - Coteminas 92,100 115,849
Cia Ferro Ligas da Bahia - Ferbasa 119,324 623,916
Eucatex SA Industria e Comercio 45,078 166,770
Forjas Taurus SA 42,305 56,344
Gerdau SA 444,000 4,222,627
Inepar SA Industria e Construcoes 152,248 147,197
Parana Banco SA 21,400 137,125
Petroleo Brasileiro SA 327,052 3,608,905
Suzano Papel e Celulose SA 379,300 997,247
Unipar Participacoes SA 773,200 137,305
Usinas Siderurgicas de Minas Gerais SA 920,837 4,596,804
 
    17,039,819
Malaysia - 0.0%    
TA Global BHD 562,585 45,095
TOTAL PREFERRED SECURITIES (Cost $21,520,959) $ 17,084,914
 
RIGHTS - 0.0%    
Brookfield Incorporacoes SA (Expiration Date:    
10/18/2012; Strike Price: BRL 3.06) (I) 138,250 58,648
Dijaya Corp. BHD (Expiration Date:    
10/09/2012; Strike Price: MYR 1.20) (I) 32,720 54
Empire East Land Holdings, Inc. (Expiration    
Date: 10/12/2012; Strike Price: PHP 1.00) (I) 747,500 0
Empresas La Polar SA (Expiration Date:    
10/02/2012; Strike Price: CLP 179.44) (I) 1 0
G J Steel PCL (Expiration Date: 10/12/2012;    
Strike Price: THB 0.03) (I) 263,180 0
KTB Investment & Securities Company, Ltd.    
(Expiration Date: 10/11/2012; Strike Price:    
THB 12.60 ) (I) 1,241,900 229,981
YTL Corp. BHD (Expiration Date: 10/17/2012;    
Strike Price: MYR 0.20) (I) 259,089 24,159
TOTAL RIGHTS (Cost $0) $ 312,842
 
SECURITIES LENDING COLLATERAL - 10.8%    
John Hancock Collateral    
Investment Trust, 0.3462% (W)(Y) 11,311,683 113,214,107
TOTAL SECURITIES LENDING    
COLLATERAL (Cost $113,211,049) $ 113,214,107
Total Investments (Emerging Markets Value Trust)    
(Cost $1,166,060,749) - 111.0% $ 1,168,409,258
Other assets and liabilities, net - (11.0%)   (115,964,070)
TOTAL NET ASSETS - 100.0% $ 1,052,445,188
 
 
 
Equity-Income Trust    
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS - 95.1%    
Consumer Discretionary - 12.5%    
Auto Components - 0.3%    
Johnson Controls, Inc. 258,600 $ 7,085,640
Automobiles - 0.6%    
Ford Motor Company 619,400 6,107,284
Harley-Davidson, Inc. 126,300 5,351,331
 
    11,458,615

 

Equity-Income Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Distributors - 0.5%    
Genuine Parts Company (L) 172,800 $ 10,545,984
Hotels, Restaurants & Leisure - 0.7%    
Carnival Corp. (L) 280,400 10,217,776
Marriott International, Inc. (I)(L) 102,987 4,026,792
 
    14,244,568
Household Durables - 1.2%    
Whirlpool Corp. (L) 289,900 24,035,609
Leisure Equipment & Products - 1.4%    
Hasbro, Inc. (I)(L) 190,300 7,263,751
Mattel, Inc. 588,275 20,871,997
 
    28,135,748
Media - 5.6%    
Cablevision Systems Corp., Class A (L) 511,500 8,107,275
Comcast Corp., Class A 372,200 13,313,594
The Madison Square Garden, Inc., Class A (I) 187,400 7,546,598
The McGraw-Hill Companies, Inc. 348,000 18,997,320
The New York Times Company, Class A (I)(L) 619,700 6,048,272
The Walt Disney Company 462,000 24,153,360
Time Warner, Inc. 689,900 31,273,167
WPP PLC 488,313 6,648,750
 
    116,088,336
Multiline Retail - 1.5%    
Kohl’s Corp. (L) 366,400 18,767,008
Macy’s, Inc. 318,200 11,970,684
 
    30,737,692
Specialty Retail - 0.7%    
Staples, Inc. (L) 1,035,100 11,924,352
Tiffany & Company 28,400 1,757,392
 
    13,681,744
 
    256,013,936
Consumer Staples - 6.6%    
Beverages - 1.3%    
Molson Coors Brewing Company, Class B 168,200 7,577,410
PepsiCo, Inc. 256,000 18,117,120
 
    25,694,530
Food Products - 3.0%    
Archer-Daniels-Midland Company 575,900 15,652,962
Campbell Soup Company (L) 515,000 17,932,300
ConAgra Foods, Inc. 490,200 13,524,618
Kellogg Company 88,500 4,571,910
McCormick & Company, Inc., Non-    
Voting Shares 166,400 10,323,456
 
    62,005,246
Household Products - 1.7%    
Energizer Holdings, Inc. (L) 63,200 4,715,352
Kimberly-Clark Corp. 64,300 5,515,654
The Clorox Company (L) 276,800 19,943,440
The Procter & Gamble Company 75,300 5,222,808
 
    35,397,254
Personal Products - 0.6%    
Avon Products, Inc. 783,700 12,500,015
 
    135,597,045
Energy - 13.0%    
Energy Equipment & Services - 1.7%    
Diamond Offshore Drilling, Inc. (L) 241,200 15,873,372
Schlumberger, Ltd. 275,800 19,948,614
 
    35,821,986

 

136

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Equity-Income Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Oil, Gas & Consumable Fuels - 11.3%    
Anadarko Petroleum Corp. 271,800 $ 19,004,256
BP PLC, ADR 286,475 12,135,081
Chevron Corp. 462,300 53,885,688
ConocoPhillips 150,500 8,605,590
CONSOL Energy, Inc. (I)(L) 440,900 13,249,045
Exxon Mobil Corp. 522,800 47,810,060
Hess Corp. 102,600 5,511,672
Murphy Oil Corp. 397,600 21,347,144
Petroleo Brasileiro SA, ADR (L) 259,600 5,955,224
Royal Dutch Shell PLC, ADR 501,700 34,822,997
Spectra Energy Corp. 287,250 8,433,660
 
    230,760,417
    266,582,403
Financials - 19.8%    
Capital Markets - 2.3%    
Legg Mason, Inc. 525,602 12,971,857
Morgan Stanley 350,600 5,869,044
Northern Trust Corp. (L) 388,000 18,009,020
The Bank of New York Mellon Corp. 504,400 11,409,528
 
    48,259,449
Commercial Banks - 5.8%    
PNC Financial Services Group, Inc. 284,100 17,926,710
Regions Financial Corp. 995,000 7,173,950
SunTrust Banks, Inc. 637,300 18,016,471
U.S. Bancorp 1,055,500 36,203,650
Wells Fargo & Company 1,148,300 39,650,799
 
    118,971,580
Consumer Finance - 3.0%    
American Express Company 571,600 32,501,176
Capital One Financial Corp. 243,775 13,897,613
SLM Corp. 930,600 14,629,032
 
    61,027,821
Diversified Financial Services - 3.4%    
Bank of America Corp. 2,291,293 20,232,117
JPMorgan Chase & Company 1,239,875 50,190,140
 
    70,422,257
Insurance - 4.6%    
Lincoln National Corp. (L) 404,700 9,789,693
Loews Corp. 154,400 6,370,544
Marsh & McLennan Companies, Inc. 668,700 22,688,991
Sun Life Financial, Inc. (L) 322,100 7,482,383
The Allstate Corp. 647,800 25,659,358
The Chubb Corp. 125,300 9,557,884
Willis Group Holdings PLC 200,100 7,387,692
XL Group PLC 230,700 5,543,721
 
    94,480,266
Real Estate Investment Trusts - 0.7%    
Weyerhaeuser Company 558,300 14,593,962
 
    407,755,335
Health Care - 7.2%    
Biotechnology - 0.6%    
Amgen, Inc. 153,300 12,926,256
Health Care Providers & Services - 0.6%    
Quest Diagnostics, Inc. (L) 194,400 12,330,792
Life Sciences Tools & Services - 1.3%    
Thermo Fisher Scientific, Inc. 431,100 25,361,613
Pharmaceuticals - 4.7%    
Bristol-Myers Squibb Company 514,425 17,361,844

 

Equity-Income Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Pharmaceuticals (continued)    
Johnson & Johnson 396,000 $ 27,288,360
Merck & Company, Inc. 571,250 25,763,375
Pfizer, Inc. 1,059,335 26,324,475
 
    96,738,054
 
    147,356,715
Industrials - 13.6%    
Aerospace & Defense - 2.4%    
Honeywell International, Inc. 380,700 22,746,825
Lockheed Martin Corp. 114,000 10,645,320
The Boeing Company 234,800 16,346,776
 
    49,738,921
Air Freight & Logistics - 0.9%    
United Parcel Service, Inc., Class B 259,200 18,550,944
Airlines - 0.6%    
United Continental Holdings, Inc. (I)(L) 607,000 11,836,500
Building Products - 0.7%    
Masco Corp. 622,700 9,371,635
USG Corp. (I)(L) 259,900 5,704,805
 
    15,076,440
Commercial Services & Supplies - 0.3%    
Avery Dennison Corp. (L) 183,300 5,832,606
Electrical Equipment - 2.0%    
Cooper Industries PLC 270,900 20,333,754
Emerson Electric Company 435,500 21,021,585
 
    41,355,339
Industrial Conglomerates - 4.4%    
3M Company 316,100 29,213,962
General Electric Company 2,673,800 60,721,998
 
    89,935,960
Machinery - 2.3%    
Illinois Tool Works, Inc. (L) 440,700 26,208,429
Ingersoll-Rand PLC 266,800 11,957,976
ITT Corp. (L) 125,300 2,524,795
Xylem, Inc. 235,600 5,925,340
 
    46,616,540
 
    278,943,250
Information Technology - 7.4%    
Communications Equipment - 2.0%    
Cisco Systems, Inc. 865,100 16,514,759
Harris Corp. (L) 434,300 22,244,846
Nokia OYJ, ADR (L) 1,127,600 2,897,932
 
    41,657,537
Computers & Peripherals - 0.9%    
Dell, Inc. 1,113,200 10,976,152
Hewlett-Packard Company 445,200 7,595,112
 
    18,571,264
Electronic Equipment, Instruments & Components - 0.5%  
Corning, Inc. 845,900 11,123,585
IT Services - 0.8%    
Computer Sciences Corp. 498,224 16,047,795
Semiconductors & Semiconductor Equipment - 1.8%  
Analog Devices, Inc. 365,300 14,316,107
Applied Materials, Inc. (L) 1,025,200 11,446,358
First Solar, Inc. (I)(L) 101,300 2,243,289
Texas Instruments, Inc. 293,900 8,096,945
 
    36,102,699

 

137

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Equity-Income Trust (continued)    
  Shares or  
  Principal  
  Amount Value
 
COMMON STOCKS (continued)    
Software - 1.4%    
Microsoft Corp. 939,425 $ 27,976,077
    151,478,957
Materials - 4.7%    
Chemicals - 0.5%    
E.I. du Pont de Nemours & Company (L) 203,700 10,239,999
Construction Materials - 0.8%    
Vulcan Materials Company (L) 363,300 17,184,090
Metals & Mining - 1.5%    
Cliffs Natural Resources, Inc. (L) 203,600 7,966,868
Newmont Mining Corp. 63,500 3,556,635
Nucor Corp. 495,600 18,961,656
 
    30,485,159
Paper & Forest Products - 1.9%    
International Paper Company 771,000 28,002,720
MeadWestvaco Corp. 351,600 10,758,960
 
    38,761,680
    96,670,928
Telecommunication Services - 4.2%    
Diversified Telecommunication Services - 3.8%    
AT&T, Inc. 1,099,649 41,456,767
CenturyLink, Inc. 297,917 12,035,847
Telefonica SA 426,879 5,692,222
Verizon Communications, Inc. 427,900 19,499,403
 
    78,684,239
Wireless Telecommunication Services - 0.4%    
Vodafone Group PLC 2,675,241 7,613,900
 
    86,298,139
Utilities - 6.1%    
Electric Utilities - 4.7%    
Duke Energy Corp. 417,219 27,035,791
Entergy Corp. 320,900 22,238,370
Exelon Corp. 562,600 20,017,308
FirstEnergy Corp. (L) 204,200 9,005,220
Pinnacle West Capital Corp. 86,745 4,580,136
Xcel Energy, Inc. 514,500 14,256,794
 
    97,133,619
Independent Power Producers & Energy Traders - 0.1%  
AES Corp. (I) 223,000 2,446,310
Multi-Utilities - 1.3%    
NiSource, Inc. 863,100 21,991,788
TECO Energy, Inc. (L) 222,200 3,941,828
 
    25,933,616
    125,513,545
TOTAL COMMON STOCKS (Cost $1,578,687,998) $ 1,952,210,253
PREFERRED SECURITIES - 0.6%    
Consumer Discretionary - 0.6%    
General Motors Company, Series B, 4.750% 314,450 11,722,696
TOTAL PREFERRED SECURITIES (Cost $15,735,070) $ 11,722,696
SECURITIES LENDING COLLATERAL - 8.4%    
John Hancock Collateral    
Investment Trust, 0.3462% (W)(Y) 17,166,809 171,815,724
TOTAL SECURITIES LENDING    
COLLATERAL (Cost $171,812,621) $ 171,815,724

 

Equity-Income Trust (continued)    
  Shares or  
  Principal  
  Amount Value
 
 
SHORT-TERM INVESTMENTS - 4.4%    
Money Market Funds - 4.4%    
State Street Institutional U.S. Government    
Money Market Fund, 0.0469% (Y) 1,705,608 1,705,608
T. Rowe Price Reserve Investment    
Fund, 0.1066% (Y) 88,316,645 88,316,645
 
    90,022,253
TOTAL SHORT-TERM INVESTMENTS (Cost $90,022,253) $ 90,022,253
Total Investments (Equity-Income Trust)    
(Cost $1,856,257,942) - 108.5% $ 2,225,770,926
Other assets and liabilities, net - (8.5%)   (174,209,392)
 
TOTAL NET ASSETS - 100.0% $ 2,051,561,534
 
 
 
Financial Services Trust    
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS - 95.4%    
Consumer Discretionary - 1.7%    
Specialty Retail - 1.7%    
Bed Bath & Beyond, Inc. (I) 36,810 $ 2,319,030
Consumer Staples - 3.1%    
Food & Staples Retailing - 3.1%    
CVS Caremark Corp. 88,900 4,304,538
Energy - 3.5%    
Oil, Gas & Consumable Fuels - 3.5%    
Canadian Natural Resources, Ltd. (L) 159,420 4,908,542
Financials - 79.3%    
Capital Markets - 20.8%    
Ameriprise Financial, Inc. 31,986 1,813,286
Julius Baer Group, Ltd. 185,270 6,460,644
Oaktree Capital Group LLC 206,700 8,474,700
The Bank of New York Mellon Corp. 336,296 7,607,016
The Charles Schwab Corp. (L) 27,502 351,751
The Goldman Sachs Group, Inc. 39,218 4,458,302
 
    29,165,699
Commercial Banks - 16.5%    
ICICI Bank, Ltd., ADR 34,573 1,387,760
SKBHC Holdings LLC (I)(R) 432 2,640,087
State Bank of India, GDR 99,569 8,600,129
U.S. Bancorp 28,629 981,975
Wells Fargo & Company 275,881 9,526,171
 
    23,136,122
Consumer Finance - 11.1%    
American Express Company 265,968 15,122,941
The First Marblehead Corp. (I)(L) 410,168 430,676
 
    15,553,617
Diversified Financial Services - 0.2%    
Bank of America Corp. 36,055 318,366
Insurance - 26.1%    
Alleghany Corp. (I) 21,459 7,402,067
Everest Re Group, Ltd. 54,438 5,822,688
Loews Corp. 212,205 8,755,578
Markel Corp. (I) 18,474 8,470,144
The Progressive Corp. (L) 303,335 6,291,168
 
    36,741,645

 

138

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Financial Services Trust (continued)    
    Shares or  
    Principal  
    Amount Value
 
COMMON STOCKS (continued)      
Real Estate Management & Development - 4.6%    
Brookfield Asset Management, Inc., Class A 186,990 $ 6,453,025
      111,368,474
Information Technology - 7.8%      
Internet Software & Services - 2.6%      
Google, Inc., Class A (I)   4,800 3,621,600
IT Services - 5.2%      
Cielo SA   67,128 1,675,178
Visa, Inc., Class A   42,463 5,701,932
 
      7,377,110
      10,998,710
Materials - 0.0%      
Paper & Forest Products - 0.0%      
Sino-Forest Corp. (I)(L)   606,500 0
TOTAL COMMON STOCKS (Cost $127,277,605) $ 133,899,294
SECURITIES LENDING COLLATERAL - 4.5%    
John Hancock Collateral      
Investment Trust, 0.3462% (W)(Y)   635,416 6,359,625
TOTAL SECURITIES LENDING      
COLLATERAL (Cost $6,359,566)   $ 6,359,625
SHORT-TERM INVESTMENTS - 4.9%      
Commercial Paper - 4.9%      
Societe Generale North America, 0.1793% ,    
10/01/2012 * $ 4,418,000 $ 4,418,000
Sumitomo Trust & Banking Company, Ltd.,    
0.1494% , 10/02/2012 *   2,375,000 2,374,990
 
      6,792,990
TOTAL SHORT-TERM INVESTMENTS (Cost $6,792,990) $ 6,792,990
Total Investments (Financial Services Trust)    
(Cost $140,430,161) - 104.8%   $ 147,051,909
Other assets and liabilities, net - (4.8%)     (6,675,372)
TOTAL NET ASSETS - 100.0%   $ 140,376,537
 
 
Franklin Templeton Founding Allocation Trust
    Shares or  
    Principal  
    Amount Value
 
INVESTMENT COMPANIES - 100.0%      
Affiliated Investment Companies (G) - 100.0%    
Equity - 66.8%      
Global, Series NAV (Franklin)   27,331,332 $ 414,616,306
Mutual Shares, Series NAV (Franklin)   38,941,788 417,455,968
Fixed Income - 33.2%      
Income, Series NAV (Franklin)   36,810,315 413,379,839
 
      1,245,452,113
TOTAL INVESTMENT COMPANIES (Cost $1,226,494,926) $ 1,245,452,113
Total Investments (Franklin Templeton Founding Allocation  
Trust) (Cost $1,226,494,926) - 100.0%   $ 1,245,452,113
Other assets and liabilities, net - 0.0%     (68,381)
 
TOTAL NET ASSETS - 100.0%   $ 1,245,383,732
 

 

Fundamental All Cap Core Trust  
  Shares or  
  Principal  
  Amount Value
 
COMMON STOCKS - 98.9%    
Consumer Discretionary - 18.7%    
Hotels, Restaurants & Leisure - 3.3%    
Carnival Corp. 819,034 $ 29,845,599
Starbucks Corp. 282,430 14,333,323
 
    44,178,922
Household Durables - 2.1%    
Lennar Corp., Class A 780,148 27,125,746
Internet & Catalog Retail - 7.7%    
Amazon.com, Inc. (I) 357,410 90,896,511
Blue Nile, Inc. (I) 298,455 11,069,693
 
    101,966,204
Media - 1.1%    
Omnicom Group, Inc. 276,260 14,243,966
Specialty Retail - 4.5%    
Lowe’s Companies, Inc. 1,965,848 59,447,244
 
    246,962,082
Consumer Staples - 5.0%    
Beverages - 4.0%    
Diageo PLC, ADR 118,586 13,368,200
PepsiCo, Inc. 91,571 6,480,480
SABMiller PLC 335,496 14,759,458
Tsingtao Brewery Company, Ltd., H Shares 3,413,254 18,768,473
 
    53,376,611
Personal Products - 1.0%    
Avon Products, Inc. 844,220 13,465,309
 
    66,841,920
Energy - 8.1%    
Energy Equipment & Services - 2.6%    
National Oilwell Varco, Inc. 177,080 14,185,879
Schlumberger, Ltd. 290,203 20,990,383
 
    35,176,262
Oil, Gas & Consumable Fuels - 5.5%    
Apache Corp. 346,711 29,980,100
Occidental Petroleum Corp. 297,828 25,631,078
Ultra Petroleum Corp. (I) 759,552 16,694,953
 
    72,306,131
 
    107,482,393
Financials - 23.7%    
Capital Markets - 13.7%    
AllianceBernstein Holding LP 1,842,539 28,393,526
Morgan Stanley 1,772,740 29,675,668
Northern Trust Corp. 485,990 22,557,226
State Street Corp. 452,181 18,973,515
T. Rowe Price Group, Inc. 565,203 35,777,350
The Goldman Sachs Group, Inc. 400,916 45,576,131
 
    180,953,416
Diversified Financial Services - 8.4%    
Bank of America Corp. 6,125,648 54,089,472
JPMorgan Chase & Company 1,430,286 57,897,977
 
    111,987,449
Insurance - 1.6%    
Prudential Financial, Inc. 394,345 21,495,746
 
    314,436,611
Health Care - 5.2%    
Biotechnology - 0.7%    
Amgen, Inc. 117,938 9,944,532

 

139

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Fundamental All Cap Core Trust (continued)
    Shares or  
    Principal  
    Amount Value
 
COMMON STOCKS (continued)      
Health Care Equipment & Supplies - 1.5%    
Medtronic, Inc.   448,243 $ 19,328,238
Health Care Providers & Services - 3.0%    
AMN Healthcare Services, Inc. (I)   2,773,719 27,903,613
Amsurg Corp. (I)   407,463 11,563,800
 
      39,467,413
      68,740,183
Industrials - 10.5%      
Aerospace & Defense - 2.5%      
American Science & Engineering, Inc.   506,026 33,200,366
Commercial Services & Supplies - 3.1%      
Avery Dennison Corp.   1,271,290 40,452,448
Electrical Equipment - 2.2%      
Sensata Technologies Holding NV (I)   966,322 28,767,406
Professional Services - 2.7%      
Robert Half International, Inc.   1,366,087 36,378,897
 
      138,799,117
Information Technology - 27.7%      
Communications Equipment - 8.6%      
Cisco Systems, Inc.   852,035 16,265,348
QUALCOMM, Inc.   1,349,284 84,316,757
Tellabs, Inc.   3,677,180 13,017,217
 
      113,599,322
Computers & Peripherals - 6.0%      
Apple, Inc.   89,470 59,699,752
EMC Corp. (I)   730,990 19,934,097
 
      79,633,849
Internet Software & Services - 8.8%      
Ancestry.com, Inc. (I)   1,899,020 57,122,522
Bankrate, Inc. (I)   542,492 8,452,025
Google, Inc., Class A (I)   48,738 36,772,821
VistaPrint NV (I)   409,190 13,973,839
 
      116,321,207
IT Services - 2.0%      
Broadridge Financial Solutions, Inc.   1,115,609 26,027,158
Software - 2.3%      
FactSet Research Systems, Inc.   321,343 30,983,892
 
      366,565,428
TOTAL COMMON STOCKS (Cost $1,257,797,487) $ 1,309,827,734
 
SHORT-TERM INVESTMENTS - 0.6%      
Repurchase Agreement - 0.6%      
Repurchase Agreement with State Street Corp.    
dated 09/28/2012 at 0.010% to be      
repurchased at $7,600,006 on 10/01/2012    
collateralized by $7,815,000 U.S. Treasury    
Bonds 2.750% due 08/15/2042 (valued at    
$7,756,388 including interest) $ 7,600,000 $ 7,600,000
TOTAL SHORT-TERM INVESTMENTS (Cost $7,600,000) $ 7,600,000
Total Investments (Fundamental All Cap Core Trust)    
(Cost $1,265,397,487) - 99.5%   $ 1,317,427,734
Other assets and liabilities, net - 0.5%     6,302,506
TOTAL NET ASSETS - 100.0%   $ 1,323,730,240

 

Fundamental Holdings Trust    
  Shares or  
  Principal  
  Amount Value
 
INVESTMENT COMPANIES - 100.0%    
Affiliated Investment Companies (G) - 39.8%    
Fixed Income - 39.8%    
Bond Trust, Series NAV (John Hancock) (1)(A) 30,165,235 $ 428,347,611
American Funds Insurance Series - 60.2%    
Equity - 60.2%    
American Growth Fund - Class 1 4,214,066 253,476,083
American Growth-Income Fund - Class 1 6,605,742 252,999,919
American International Fund - Class 1 8,300,883 141,447,049
TOTAL INVESTMENT COMPANIES (Cost $870,635,857) $ 1,076,270,662
Total Investments (Fundamental Holdings Trust)    
(Cost $870,635,857) - 100.0% $ 1,076,270,662
Other assets and liabilities, net - 0.0%   (39,745)
 
TOTAL NET ASSETS - 100.0% $ 1,076,230,917
 
 
Fundamental Large Cap Value Trust  
  Shares or  
  Principal  
  Amount Value
 
COMMON STOCKS - 99.6%    
Consumer Discretionary - 17.4%    
Hotels, Restaurants & Leisure - 3.4%    
Carnival Corp. 490,588 $ 17,877,027
Household Durables - 3.2%    
Dorel Industries, Inc., Class B 172,578 5,993,096
Lennar Corp., Class A 310,229 10,786,662
 
    16,779,758
Media - 4.1%    
Comcast Corp., Class A 106,862 3,822,454
Lamar Advertising Company, Class A (I) 267,435 9,911,141
Omnicom Group, Inc. 149,093 7,687,235
 
    21,420,830
Multiline Retail - 0.8%    
Target Corp. 61,374 3,895,408
Specialty Retail - 4.6%    
Lowe’s Companies, Inc. 801,615 24,240,838
Textiles, Apparel & Luxury Goods - 1.3%    
Adidas AG 84,549 6,943,429
 
    91,157,290
Consumer Staples - 9.2%    
Beverages - 6.7%    
Diageo PLC, ADR 118,732 13,384,658
PepsiCo, Inc. 161,007 11,394,465
SABMiller PLC (I) 234,890 10,333,504
 
    35,112,627
Household Products - 1.5%    
The Procter & Gamble Company 117,541 8,152,644
Tobacco - 1.0%    
Philip Morris International, Inc. 56,528 5,084,128
 
    48,349,399
Energy - 10.5%    
Energy Equipment & Services - 1.5%    
National Oilwell Varco, Inc. 95,265 7,631,679
Oil, Gas & Consumable Fuels - 9.0%    
Apache Corp. 152,348 13,173,532

 

140

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Fundamental Large Cap Value Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
COMMON STOCKS (continued)    
Oil, Gas & Consumable Fuels (continued)    
Chevron Corp. 118,897 $ 13,858,634
Exxon Mobil Corp. 69,567 6,361,902
Occidental Petroleum Corp. 159,075 13,689,995
 
    47,084,063
    54,715,742
Financials - 28.3%    
Capital Markets - 11.1%    
AllianceBernstein Holding LP 552,603 8,515,612
Morgan Stanley 837,623 14,021,809
Northern Trust Corp. 222,712 10,337,178
State Street Corp. 216,153 9,069,780
The Goldman Sachs Group, Inc. 141,922 16,133,693
 
    58,078,072
Commercial Banks - 5.2%    
U.S. Bancorp 270,597 9,281,477
Wells Fargo & Company 527,091 18,200,452
 
    27,481,929
Diversified Financial Services - 7.9%    
Bank of America Corp. 2,137,374 18,873,012
JPMorgan Chase & Company 560,828 22,702,318
 
    41,575,330
Insurance - 4.1%    
Prudential Financial, Inc. 159,187 8,677,283
Stewart Information Services Corp. 625,371 12,594,972
 
    21,272,255
    148,407,586
Health Care - 10.9%    
Biotechnology - 2.4%    
Amgen, Inc. 150,522 12,692,015
Health Care Equipment & Supplies - 2.0%    
Medtronic, Inc. 240,354 10,364,065
Health Care Providers & Services - 2.1%    
Amsurg Corp. (I) 192,874 5,473,764
VCA Antech, Inc. (I) 272,730 5,380,963
 
    10,854,727
Pharmaceuticals - 4.4%    
Merck & Company, Inc. 340,436 15,353,664
Novartis AG, ADR 131,524 8,057,160
 
    23,410,824
    57,321,631
Industrials - 11.8%    
Air Freight & Logistics - 1.8%    
FedEx Corp. 108,890 9,214,272
Commercial Services & Supplies - 3.1%    
Avery Dennison Corp. 518,121 16,486,610
Electrical Equipment - 1.9%    
Sensata Technologies Holding NV (I) 333,726 9,935,023
Industrial Conglomerates - 2.6%    
General Electric Company 589,592 13,389,634
Machinery - 1.1%    
Deere & Company 68,721 5,668,795
Professional Services - 1.3%    
Robert Half International, Inc. 259,699 6,915,784
 
    61,610,118

 

Fundamental Large Cap Value Trust (continued)
    Shares or  
    Principal  
    Amount Value
 
COMMON STOCKS (continued)      
Information Technology - 10.5%      
Communications Equipment - 6.2%      
Cisco Systems, Inc.   755,403 $ 14,420,643
QUALCOMM, Inc.   251,659 15,726,171
Tellabs, Inc.   700,496 2,479,756
 
      32,626,570
IT Services - 1.4%      
Broadridge Financial Solutions, Inc.   304,244 7,098,013
Software - 2.9%      
Microsoft Corp.   257,224 7,660,131
Oracle Corp.   247,775 7,802,435
 
      15,462,566
 
      55,187,149
Utilities - 1.0%      
Electric Utilities - 1.0%      
Entergy Corp.   73,660 5,104,638
TOTAL COMMON STOCKS (Cost $482,984,888) $ 521,853,553
 
SHORT-TERM INVESTMENTS - 0.3%      
Repurchase Agreement - 0.3%      
Repurchase Agreement with State Street Corp.    
dated 09/30/2012 at 0.010% to be      
repurchased at $1,455,001 on 10/01/2012,    
collateralized by $1,500,000 U.S. Treasury    
Bonds, 2.750% due 08/15/2042 (valued at    
$1,488,750, including interest) $ 1,455,000 $ 1,455,000
TOTAL SHORT-TERM INVESTMENTS (Cost $1,455,000) $ 1,455,000
Total Investments (Fundamental Large Cap Value Trust)    
(Cost $484,439,888) - 99.9%   $ 523,308,553
Other assets and liabilities, net - 0.1%     669,687
 
TOTAL NET ASSETS - 100.0%   $ 523,978,240
 
 
 
 
Fundamental Value Trust      
    Shares or  
    Principal  
    Amount Value
 
COMMON STOCKS - 93.5%      
Consumer Discretionary - 8.4%      
Automobiles - 0.5%      
Harley-Davidson, Inc.   203,028 $ 8,602,296
Household Durables - 0.2%      
Hunter Douglas NV   68,688 2,590,161
Internet & Catalog Retail - 1.3%      
Expedia, Inc. (L)   41,315 2,389,660
Groupon, Inc. (I)(L)   497,210 2,366,720
Liberty Interactive Corp., Series A (I)   425,495 7,871,658
Liberty Ventures, Series A (I)   21,275 1,056,079
Netflix, Inc. (I)(L)   129,750 7,063,590
 
      20,747,707
Media - 2.6%      
Grupo Televisa SAB, ADR (L)   139,111 3,270,500
The Walt Disney Company   728,690 38,095,913
 
      41,366,413
Specialty Retail - 3.6%      
Bed Bath & Beyond, Inc. (I)   698,178 43,985,214
CarMax, Inc. (I)(L)   255,468 7,229,744

 

141

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Fundamental Value Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Specialty Retail (continued)    
Tiffany & Company 79,730 $ 4,933,692
    56,148,650
Textiles, Apparel & Luxury Goods - 0.2%    
Cie Financiere Richemont SA 39,000 2,338,354
 
    131,793,581
Consumer Staples - 17.5%    
Beverages - 4.5%    
Diageo PLC, ADR 311,582 35,124,639
Heineken Holding NV 296,355 14,419,916
The Coca-Cola Company 547,760 20,776,537
 
    70,321,092
Food & Staples Retailing - 11.4%    
Costco Wholesale Corp. 753,817 75,475,927
CVS Caremark Corp. 2,069,636 100,211,775
Sysco Corp. (L) 136,200 4,258,974
Walgreen Company 14,980 545,871
 
    180,492,547
Food Products - 0.4%    
Nestle SA 22,680 1,430,680
Unilever NV - NY Shares 124,080 4,402,358
 
    5,833,038
Personal Products - 0.2%    
Natura Cosmeticos SA 110,700 3,016,981
Tobacco - 1.0%    
Philip Morris International, Inc. 170,957 15,375,873
 
    275,039,531
Energy - 9.7%    
Energy Equipment & Services - 1.2%    
Schlumberger, Ltd. 128,220 9,274,153
Transocean, Ltd. (I) 204,152 9,164,383
 
    18,438,536
Oil, Gas & Consumable Fuels - 8.5%    
Canadian Natural Resources, Ltd. 1,281,910 39,470,009
China Coal Energy Company, Ltd., H Shares 659,600 598,672
Devon Energy Corp. 238,361 14,420,841
EOG Resources, Inc. 393,593 44,102,096
Occidental Petroleum Corp. 403,730 34,745,004
OGX Petroleo e Gas Participacoes SA (I) 160,300 486,297
 
    133,822,919
    152,261,455
Financials - 34.7%    
Capital Markets - 7.7%    
Ameriprise Financial, Inc. 117,287 6,649,000
Julius Baer Group, Ltd. (I) 910,600 31,753,996
The Bank of New York Mellon Corp. 3,035,702 68,667,579
The Charles Schwab Corp. (L) 561,700 7,184,143
The Goldman Sachs Group, Inc. 61,700 7,014,056
 
    121,268,774
Commercial Banks - 6.4%    
Wells Fargo & Company 2,936,026 101,380,978
Consumer Finance - 5.9%    
American Express Company 1,646,310 93,609,187
Diversified Financial Services - 0.8%    
CME Group, Inc. 55,950 3,205,935
JPMorgan Chase & Company 236,408 9,569,796
 
    12,775,731

 

Fundamental Value Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Insurance - 11.9%    
ACE, Ltd. 154,530 $ 11,682,468
Alleghany Corp. (I) 67,586 23,313,115
Aon PLC 52,280 2,733,721
Berkshire Hathaway, Inc. Class A (I) 324 42,994,800
Everest Re Group, Ltd. 27,630 2,955,305
Fairfax Financial Holdings, Ltd. 22,200 8,587,626
Fairfax Financial Holdings, Ltd. 8,800 3,399,068
Loews Corp. 1,197,227 49,397,586
Markel Corp. (I) 5,723 2,623,938
The Progressive Corp. 1,872,084 38,827,022
 
    186,514,649
Real Estate Management & Development - 2.0%    
Brookfield Asset Management, Inc., Class A 456,380 15,749,674
Hang Lung Group, Ltd. 2,503,200 15,827,614
 
    31,577,288
 
    547,126,607
Health Care - 3.2%    
Health Care Providers & Services - 2.6%    
Express Scripts Holding Company (I) 644,188 40,371,262
Life Sciences Tools & Services - 0.3%    
Agilent Technologies, Inc. 134,580 5,174,601
Pharmaceuticals - 0.3%    
Pfizer, Inc. 167,426 4,160,536
 
    49,706,399
Industrials - 4.7%    
Commercial Services & Supplies - 1.4%    
Iron Mountain, Inc. 635,691 21,683,420
Electrical Equipment - 0.4%    
Emerson Electric Company 116,240 5,610,905
Machinery - 0.7%    
PACCAR, Inc. 289,530 11,588,434
Marine - 1.1%    
China Shipping Development Company, Ltd.,    
H Shares 915,500 378,237
Kuehne & Nagel International AG 153,556 17,375,404
 
    17,753,641
Transportation Infrastructure - 1.1%    
China Merchants Holdings    
International Company, Ltd. 5,837,736 17,949,744
 
    74,586,144
Information Technology - 8.8%    
Computers & Peripherals - 0.3%    
Hewlett-Packard Company 311,046 5,306,445
Internet Software & Services - 4.1%    
Google, Inc., Class A (I) 86,500 65,264,250
IT Services - 0.6%    
Visa, Inc., Class A 67,830 9,108,212
Semiconductors & Semiconductor Equipment - 1.6%  
Intel Corp. 199,270 4,519,444
Texas Instruments, Inc. 727,110 20,031,881
 
    24,551,325
Software - 2.2%    
Activision Blizzard, Inc. (L) 755,900 8,526,552
Microsoft Corp. 459,854 13,694,452

 

142

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Fundamental Value Trust (continued)  
    Shares or  
    Principal  
    Amount Value
COMMON STOCKS (continued)      
Software (continued)      
Oracle Corp.   408,150 $ 12,852,644
      35,073,648
      139,303,880
Materials - 6.3%      
Chemicals - 4.7%      
Air Products & Chemicals, Inc.   224,800 18,590,960
Ecolab, Inc.   191,855 12,434,123
Monsanto Company   270,060 24,580,861
Potash Corp. of Saskatchewan, Inc.   265,498 11,527,923
Praxair, Inc.   63,913 6,639,282
 
      73,773,149
Construction Materials - 0.2%      
Martin Marietta Materials, Inc. (L)   40,371 3,345,545
Containers & Packaging - 0.1%      
Sealed Air Corp.   79,375 1,227,138
Metals & Mining - 1.3%      
BHP Billiton PLC   355,520 11,102,510
Rio Tinto PLC   192,534 9,000,258
 
      20,102,768
Paper & Forest Products - 0.0%      
Sino-Forest Corp. (I)(S)   31,600 0
Sino-Forest Corp. (I)(L)   1,015,920 0
 
      0
      98,448,600
Telecommunication Services - 0.2%      
Wireless Telecommunication Services - 0.2%    
America Movil SAB de CV, Series L, ADR 124,400 3,164,736
TOTAL COMMON STOCKS (Cost $1,187,362,067) $ 1,471,430,933
CONVERTIBLE BONDS - 0.0%      
Materials - 0.0%      
Paper & Forest Products - 0.0%      
Sino-Forest Corp. 5.000%, 08/01/2013 (H)(S) $ 3,244,100 $ 446,064
TOTAL CONVERTIBLE BONDS (Cost $3,244,100) $ 446,064
RIGHTS - 0.0%      
Consumer Discretionary - 0.0%      
Liberty Ventures (Expiration Date: 10/09/2012,    
Strike Price: $35.99) (I)   7,092 $ 96,026
TOTAL RIGHTS (Cost $74,562)   $ 96,026
SECURITIES LENDING COLLATERAL - 1.8%    
John Hancock Collateral      
Investment Trust, 0.3542% (W)(Y)   2,886,876 28,893,586
TOTAL SECURITIES LENDING      
COLLATERAL (Cost $28,892,513)   $ 28,893,586
SHORT-TERM INVESTMENTS - 6.4%      
Commercial Paper* - 6.4%      
Prudential Financial, Inc. 0.260%,      
10/03/2012 * $ 28,000,000 $ 27,999,596
Societe Generale North America 0.180%,      
10/01/2012 *   46,545,000 46,545,000

 

Fundamental Value Trust (continued)  
    Shares or  
    Principal  
    Amount Value
 
 
SHORT-TERM INVESTMENTS (continued)    
Commercial Paper* (continued)      
Sumitomo Trust and Banking Company      
0.150%, 10/02/2012 * $ 26,125,000 $ 26,124,891
 
      100,669,487
TOTAL SHORT-TERM INVESTMENTS (Cost $100,669,487) $ 100,669,487
Total Investments (Fundamental Value Trust)    
(Cost $1,320,242,729) - 101.7%   $ 1,601,536,096
Other assets and liabilities, net - (1.7%)     (26,940,416)
 
TOTAL NET ASSETS - 100.0%   $ 1,574,595,680
 
 
 
Global Trust      
    Shares or  
    Principal  
    Amount Value
 
 
COMMON STOCKS - 98.6%      
Austria - 0.3%      
Telekom Austria AG   292,670 $ 2,070,602
Brazil - 0.7%      
Petroleo Brasileiro SA, ADR, Class A (L)   63,250 1,395,928
Vale SA (Preference A Shares), ADR (L)   146,440 2,542,198
 
      3,938,126
Canada - 1.2%      
Talisman Energy, Inc.   536,460 7,170,262
China - 0.5%      
China Telecom Corp., Ltd., ADR (L)   53,040 3,074,729
France - 10.6%      
Alstom SA   195,310 6,874,260
AXA SA   423,026 6,321,243
BNP Paribas SA   174,790 8,354,163
Cie Generale des Etablissements Michelin   96,502 7,586,554
Credit Agricole SA (I)   818,790 5,686,133
France Telecom SA   338,330 4,090,123
Sanofi   141,060 12,050,647
Total SA   190,620 9,481,225
Vivendi SA   198,244 3,876,139
 
      64,320,487
Germany - 5.1%      
Deutsche Lufthansa AG   618,650 8,403,177
Deutsche Post AG   59,290 1,159,152
Merck KGaA   42,920 5,297,305
Muenchener Rueckversicherungs AG   34,910 5,454,857
SAP AG   63,240 4,484,435
Siemens AG   63,450 6,336,235
 
      31,135,161
Hong Kong - 0.8%      
Cheung Kong Holdings, Ltd.   194,000 2,832,377
China Mobile, Ltd.   187,000 2,073,514
 
      4,905,891
India - 0.6%      
ICICI Bank, Ltd., ADR   83,180 3,338,845
Ireland - 1.3%      
CRH PLC   422,064 8,134,175
Italy - 3.1%      
Eni SpA (L)   299,420 6,569,590
Intesa Sanpaolo SpA   3,441,660 5,263,522

 

143

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Global Trust (continued)    
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Italy (continued)    
UniCredit SpA (I) 1,629,069 $ 6,809,660
    18,642,772
Japan - 2.9%    
Konica Minolta Holdings, Inc. 319,010 2,450,188
Mazda Motor Corp. (I) 1,444,000 1,681,848
Nintendo Company, Ltd. 33,050 4,155,920
Nissan Motor Company, Ltd. 394,200 3,356,200
Toyota Motor Corp. 155,450 6,099,294
 
    17,743,450
Netherlands - 6.1%    
Akzo Nobel NV 83,610 4,736,027
ING Groep NV (I) 1,123,202 8,928,838
Koninklijke Philips Electronics NV 277,950 6,499,185
Randstad Holdings NV 149,170 4,971,516
Reed Elsevier NV 133,312 1,785,427
Royal Dutch Shell PLC, A Shares 97,344 3,371,708
Royal Dutch Shell PLC, B Shares 156,840 5,578,530
SBM Offshore NV (I) 68,465 979,565
 
    36,850,796
Portugal - 0.3%    
Galp Energia SGPS SA 102,766 1,670,636
Russia - 0.7%    
Gazprom OAO, ADR 413,380 4,171,004
Singapore - 3.2%    
DBS Group Holdings, Ltd. 419,510 4,899,856
Flextronics International, Ltd. (I) 622,360 3,734,160
Singapore Telecommunications, Ltd. 4,169,000 10,853,074
 
    19,487,090
South Korea - 3.1%    
KB Financial Group, Inc., ADR 140,908 4,972,643
Samsung Electronics Company, Ltd. 11,380 13,700,746
 
    18,673,389
Spain - 0.5%    
Telefonica SA 215,740 2,876,787
Sweden - 0.7%    
Telefonaktiebolaget LM Ericsson, B Shares 496,087 4,524,770
Switzerland - 6.8%    
Adecco SA 32,410 1,547,122
Credit Suisse Group AG 336,400 7,154,359
Noble Corp. 157,830 5,647,157
Roche Holdings AG 57,200 10,685,271
Swiss Re, Ltd. 100,820 6,487,544
TE Connectivity, Ltd. 135,420 4,605,634
UBS AG 417,380 5,093,932
 
    41,221,019
Taiwan - 0.9%    
Taiwan Semiconductor    
Manufacturing Company, Ltd. 1,850,473 5,638,634
Turkey - 1.0%    
Turkcell Iletisim Hizmetleri AS, ADR (I) 382,250 5,787,265
United Kingdom - 12.1%    
Aviva PLC 1,256,769 6,494,149
BAE Systems PLC 592,240 3,117,773
BP PLC 1,137,675 8,029,937
Carillion PLC 166,950 732,584
GlaxoSmithKline PLC 487,640 11,248,776
HSBC Holdings PLC (L) 620,039 5,805,645
International Consolidated Airlines Group SA    
(London Exchange) (I) 3,120,840 7,524,800

 

Global Trust (continued)      
  Shares or    
  Principal    
  Amount   Value
 
 
COMMON STOCKS (continued)      
United Kingdom (continued)      
Kingfisher PLC 1,640,530 $ 7,010,114
Lloyds Banking Group PLC (I) 3,353,780   2,113,129
Rentokil Initial PLC 725,960   955,515
Tesco PLC 1,215,450   6,521,656
Vodafone Group PLC 4,767,350   13,568,170
 
      73,122,248
United States - 36.1%      
American Express Company 90,550   5,148,673
Amgen, Inc. 181,370   15,293,118
Baker Hughes, Inc. 190,260   8,605,460
Bank of America Corp. 257,130   2,270,458
Brocade Communications Systems, Inc. (I) 584,460   3,457,081
Chesapeake Energy Corp. (L) 233,830   4,412,372
Chevron Corp. 64,000   7,459,840
Cisco Systems, Inc. 505,220   9,644,650
Citigroup, Inc. 235,940   7,719,957
Comcast Corp., Special Class A 303,060   10,546,488
CVS Caremark Corp. 167,910   8,130,202
Dell, Inc. 171,320   1,689,215
FedEx Corp. 46,300   3,917,906
General Electric Company 226,920   5,153,353
Halliburton Company 204,170   6,878,487
Hewlett-Packard Company 227,310   3,877,909
JPMorgan Chase & Company 106,710   4,319,621
Medtronic, Inc. 164,650   7,099,708
Merck & Company, Inc. 203,200   9,164,320
Microsoft Corp. 499,650   14,879,577
Morgan Stanley 320,480   5,364,835
Navistar International Corp. (I)(L) 197,630   4,168,017
News Corp., Class A 248,960   6,106,989
Oracle Corp. 144,430   4,548,101
Pfizer, Inc. 626,470   15,567,779
Sprint Nextel Corp. (I) 1,664,030   9,185,446
Target Corp. 67,980   4,314,691
The Walt Disney Company 85,470   4,468,372
Time Warner Cable, Inc. 68,112   6,474,727
Time Warner, Inc. 145,233   6,583,412
United Parcel Service, Inc., Class B 113,280   8,107,450
Viacom, Inc., Class B 76,070   4,076,591
 
      218,634,805
TOTAL COMMON STOCKS (Cost $657,262,093)   $ 597,132,943
 
SECURITIES LENDING COLLATERAL - 2.8%      
John Hancock Collateral      
Investment Trust, 0.3462% (W)(Y) 1,674,472   16,759,119
TOTAL SECURITIES LENDING      
COLLATERAL (Cost $16,758,680)   $ 16,759,119
 
SHORT-TERM INVESTMENTS - 0.4%      
Time Deposits - 0.4%      
Royal Bank of Canada, 0.050%, 10/01/2012 * $ 2,500,000 $ 2,500,000
TOTAL SHORT-TERM INVESTMENTS (Cost $2,500,000) $ 2,500,000
Total Investments (Global Trust) (Cost $676,520,773) - 101.8% $ 616,392,062
Other assets and liabilities, net - (1.8%)     (10,992,425)
 
TOTAL NET ASSETS - 100.0%   $ 605,399,637
 

 

144

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Global Bond Trust      
    Shares or  
    Principal  
    Amount Value
 
 
U.S. GOVERNMENT & AGENCY      
OBLIGATIONS - 21.6%      
U.S. Government - 9.0%      
Treasury Inflation Protected Securities      
0.125%, 04/15/2017 $ 3,631,464 3,911,769
1.750%, 01/15/2028   6,892,211 8,927,026
2.375%, 01/15/2027   796,817 1,100,043
2.500%, 01/15/2029   4,482,235 6,412,747
U.S. Treasury, Bond 3.000%, 05/15/2042   2,800,000 2,907,626
U.S. Treasury Bonds      
3.125%, 11/15/2041   11,200,000 11,947,253
3.750%, 08/15/2041   3,100,000 3,711,283
5.500%, 08/15/2028   34,700,000 49,707,750
 
      88,625,497
U.S. Government Agency - 12.6%      
Federal Home Loan Mortgage Corp.      
4.000%, TBA   19,000,000 20,423,516
5.263%, 03/01/2035 (P)   348,106 372,511
Federal National Mortgage Association      
2.249%, 12/01/2034 (P)   234,961 247,246
2.492%, 11/01/2034 (P)   1,430,536 1,537,108
3.000%, TBA (C)   31,000,000 32,729,168
3.500%, TBA (C)   9,000,000 9,625,781
4.000%, TBA (C)   10,000,000 10,761,718
4.000%, 07/01/2040 (C)   155,856 167,649
4.500%, TBA (C)   44,000,000 47,629,996
5.013%, 05/01/2035 (P)   217,724 235,171
Government National      
Mortgage Association      
1.625%, 11/20/2023 to 01/20/2030 (P)   117,323 121,644
1.750%, 06/20/2030 (P)   30,453 31,851
2.000%, 04/20/2030 to 05/20/2030 (P)   14,887 15,798
 
      123,899,157
TOTAL U.S. GOVERNMENT & AGENCY      
OBLIGATIONS (Cost $210,312,983)   $ 212,524,654
 
FOREIGN GOVERNMENT      
OBLIGATIONS - 28.0%      
Australia - 0.0%      
New South Wales Treasury Corp.      
2.750%, 11/20/2025 AUD 100,000 136,814
 
      136,814
Canada - 2.0%      
Province of British Columbia      
4.300%, 06/18/2042 CAD 600,000 732,334
Province of Ontario      
2.450%, 06/29/2022 $ 1,300,000 1,319,899
3.150%, 06/02/2022 CAD 4,500,000 4,758,850
4.000%, 06/02/2021   2,600,000 2,946,217
Province of Quebec      
2.750%, 08/25/2021 $ 4,300,000 4,502,969
3.500%, 12/01/2022 CAD 2,400,000 2,576,747
4.250%, 12/01/2021   2,200,000 2,515,443
5.000%, 12/01/2041   400,000 516,184
 
      19,868,643
Germany - 0.2%      
Federal Republic of Germany      
3.250%, 07/04/2021 EUR 200,000 300,129
4.000%, 01/04/2037   1,200,000 2,062,505
 
      2,362,634
Italy - 3.4%      
Republic of Italy      
2.000%, 06/01/2013   4,600,000 5,920,805

 

Global Bond Trust (continued)    
    Shares or  
    Principal  
    Amount Value
 
FOREIGN GOVERNMENT      
OBLIGATIONS (continued)      
Italy (continued)      
Republic of Italy (continued)      
3.000%, 04/15/2015 EUR 1,000,000 $ 1,289,522
3.125%, 01/26/2015 $ 800,000 804,736
3.750%, 03/01/2021 to 08/01/2021 EUR 1,000,000 1,197,311
4.250%, 08/01/2013 to 09/01/2019   7,500,000 9,800,413
4.500%, 03/01/2019   800,000 1,036,387
4.750%, 01/25/2016 $ 1,000,000 1,030,400
4.750%, 05/01/2017 EUR 1,200,000 1,593,779
5.000%, 08/01/2034 to 09/01/2040   2,500,000 2,892,827
5.250%, 09/20/2016 $ 800,000 837,590
5.250%, 08/01/2017 EUR 1,600,000 2,172,462
5.750%, 02/01/2033   200,000 256,552
6.000%, 08/04/2028 GBP 900,000 1,344,320
6.000%, 05/01/2031 EUR 2,300,000 3,036,244
6.875%, 09/27/2023 $ 500,000 551,820
 
      33,765,168
Japan - 0.0%      
Government of Japan      
2.000%, 03/20/2042 JPY 10,000,000 131,475
 
      131,475
Mexico - 3.7%      
Government of Mexico      
1.290%, 06/08/2015 MXN 1,100,000,000 14,116,789
6.250%, 06/16/2016   105,500,000 8,577,353
6.500%, 06/10/2021   31,500,000 2,665,296
8.000%, 06/11/2020   20,000,000 1,829,694
10.000%, 12/05/2024   83,500,000 9,123,194
 
      36,312,326
Netherlands - 4.8%      
Kingdom of Netherlands      
2.250%, 07/15/2022 (S) EUR 9,500,000 12,792,417
2.500%, 01/15/2017 (S)   2,600,000 3,608,099
3.250%, 07/15/2021 (S)   4,900,000 7,165,002
3.500%, 07/15/2020 (S)   4,400,000 6,534,411
4.000%, 07/15/2018 to 07/15/2019 (S)   1,600,000 2,413,679
4.500%, 07/15/2017 (S)   9,500,000 14,378,550
 
      46,892,158
New Zealand - 3.6%      
Dominion of New Zealand      
5.000%, 03/15/2019 NZD 22,300,000 20,557,421
5.500%, 04/15/2023   3,000,000 2,923,981
6.000%, 12/15/2017 to 05/15/2021   11,700,000 11,603,601
 
      35,085,003
Norway - 0.7%      
Kommunalbanken AS      
0.744%, 03/27/2017 (P) $ 1,500,000 1,499,073
2.000%, 01/14/2013   5,200,000 5,222,662
 
      6,721,735
South Korea - 0.2%      
Export-Import Bank of Korea      
5.750%, 05/22/2013 EUR 1,800,000 2,376,468
 
      2,376,468
Spain - 2.0%      
Fund for Orderly Bank Restructuring      
4.400%, 10/21/2013   1,100,000 1,422,969
Government of Spain      
4.200%, 01/31/2037   1,900,000 1,722,608
5.250%, 04/06/2029 GBP 700,000 976,210
5.500%, 07/30/2017 EUR 1,400,000 1,837,480

 

145

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Global Bond Trust (continued)    
    Shares or  
    Principal  
    Amount Value
 
FOREIGN GOVERNMENT      
OBLIGATIONS (continued)      
Spain (continued)      
Kingdom of Spain      
1.978%, 03/25/2014 (P) EUR 11,000,000 $ 13,615,359
      19,574,626
United Kingdom - 7.4%      
Government of United Kingdom      
4.250%, 12/07/2027 to 12/07/2040 GBP 16,200,000 32,464,217
4.500%, 09/07/2034   300,000 621,196
4.750%, 12/07/2030 to 12/07/2038   13,300,000 28,575,050
5.000%, 03/07/2025   1,200,000 2,600,589
6.000%, 12/07/2028   600,000 1,462,698
Government of United Kingdom, Inflation      
Linked Bond      
0.375%, 03/22/2062   205,310 340,721
1.875%, 11/22/2022   3,296,020 6,765,529
 
      72,830,000
TOTAL FOREIGN GOVERNMENT      
OBLIGATIONS (Cost $265,628,472)   $ 276,057,050
 
CORPORATE BONDS - 34.8%      
Australia - 3.1%      
Australia & New Zealand Banking      
Group, Ltd.      
1.000%, 10/06/2015 (S) $ 9,800,000 9,784,133
Commonwealth Bank of Australia      
0.869%, 06/25/2014 (P) (S)   9,800,000 9,874,166
0.878%, 07/12/2013 (P) (S)   7,900,000 7,925,351
National Australia Bank, Ltd.      
0.854%, 07/08/2014 (P) (S)   2,500,000 2,516,650
Westpac Banking Corp.      
2.900%, 09/10/2014 (S)   400,000 418,176
 
      30,518,476
Belgium - 1.0%      
European Union      
2.500%, 12/04/2015 EUR 3,500,000 4,795,730
2.750%, 06/03/2016   3,500,000 4,864,504
 
      9,660,234
Denmark - 0.0%      
Nykredit Realkredit A/S      
6.000%, 10/01/2029 DKK 115,818 22,359
Realkredit Danmark A/S      
1.420%, 01/01/2038 (P)   1,240,533 217,871
 
      240,230
France - 7.2%      
BNP Paribas Home Loan      
Covered Bonds SA      
2.200%, 11/02/2015 (S) $ 5,800,000 5,972,260
3.000%, 07/23/2013 EUR 200,000 262,436
4.750%, 05/28/2013   2,700,000 3,569,067
Cie de Financement Foncier      
2.125%, 04/22/2013 (S) $ 4,900,000 4,941,650
2.250%, 01/25/2013 EUR 3,100,000 4,007,102
2.500%, 09/16/2015 (S) $ 5,100,000 5,273,808
Credit Agricole Home Loan      
1.203%, 07/21/2014 (P) (S)   5,200,000 5,149,160
Dexia Credit Local SA      
1.160%, 09/18/2013 (P) EUR 11,000,000 14,162,560
1.700%, 09/06/2013 $ 7,400,000 7,399,882
2.750%, 01/10/2014 to 04/29/2014 (S)   16,000,000 16,140,471

 

Global Bond Trust (continued)    
    Shares or  
    Principal  
    Amount Value
 
CORPORATE BONDS (continued)      
France (continued)      
Dexia Municipal Agency SA      
3.125%, 09/15/2015 EUR 3,400,000 $ 4,525,236
 
      71,403,632
Germany - 5.7%      
FMS Wertmanagement      
0.883%, 06/16/2014 (P) GBP 900,000 1,455,800
2.375%, 12/15/2014 EUR 11,900,000 15,971,061
2.750%, 06/03/2016   3,700,000 5,110,810
3.375%, 06/17/2021   2,200,000 3,197,622
Kreditanstalt fuer Wiederaufbau      
0.625%, 05/29/2015   7,900,000 10,247,554
2.000%, 09/07/2016   1,800,000 2,439,694
6.250%, 05/19/2021 AUD 10,900,000 12,982,467
Landwirtschaftliche Rentenbank      
5.500%, 03/09/2020   4,000,000 4,503,896
 
      55,908,904
Ireland - 0.8%      
German Postal Pensions Securitisation      
2 PLC      
4.250%, 01/18/2017 EUR 2,000,000 2,917,135
German Postal Pensions      
Securitisation PLC      
3.375%, 01/18/2016   3,400,000 4,736,988
 
      7,654,123
Italy - 0.5%      
Intesa Sanpaolo SpA      
2.831%, 02/24/2014 (P) (S) $ 4,600,000 4,531,419
 
      4,531,419
Jersey, C.I. - 0.2%      
HBOS Capital Funding LP (9.540% to      
03/19/2018, then GBP      
LIBOR + 6.750%)      
03/19/2018 (Q) GBP 1,700,000 2,552,998
 
      2,552,998
Luxembourg - 0.6%      
ALROSA Finance SA      
7.750%, 11/03/2020 $ 2,100,000 2,378,250
European Investment Bank      
6.125%, 01/23/2017 AUD 1,200,000 1,353,345
6.250%, 04/15/2015   1,800,000 1,984,345
 
      5,715,940
Netherlands - 2.8%      
ABN AMRO Bank NV      
3.250%, 01/18/2013 EUR 3,200,000 4,147,984
Achmea Hypotheekbank NV      
3.200%, 11/03/2014 (S) $ 1,459,000 1,529,871
3.200%, 11/03/2014   2,979,000 3,123,705
Fortis Bank Nederland Holding NV      
3.375%, 05/19/2014 EUR 5,900,000 7,964,674
LeasePlan Corp. NV      
3.250%, 05/22/2014   1,800,000 2,424,025
NIBC Bank NV      
2.800%, 12/02/2014 (S) $ 3,500,000 3,651,732
3.500%, 04/07/2014 EUR 1,700,000 2,290,406
Rabobank Nederland NV (11.000% to      
06/30/2019, then 3 month      
LIBOR + 10.868%)      
06/30/2019 (Q) (S) $ 900,000 1,182,375

 

146

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Global Bond Trust (continued)    
    Shares or  
    Principal  
    Amount Value
 
CORPORATE BONDS (continued)      
Netherlands (continued)      
Ziggo Finance BV      
6.125%, 11/15/2017 EUR 700,000 $ 960,253
      27,275,025
Norway - 0.5%      
DNB Boligkreditt AS      
2.375%, 07/20/2015   3,700,000 4,970,632
 
      4,970,632
Sweden - 0.5%      
Stadshypotek AB      
3.750%, 12/12/2013   1,800,000 2,408,000
4.250%, 10/10/2017 AUD 2,400,000 2,496,976
 
      4,904,976
Switzerland - 0.3%      
Eurofima      
6.250%, 12/28/2018   3,000,000 3,444,943
 
      3,444,943
Tunisia - 0.3%      
African Development Bank      
5.250%, 03/23/2022   2,900,000 3,321,231
 
      3,321,231
United Kingdom - 3.6%      
Abbey National Treasury Services PLC      
3.125%, 06/30/2014 EUR 4,300,000 5,749,085
Bank of Scotland PLC      
4.500%, 10/23/2013   200,000 267,887
BP Capital Markets PLC      
3.125%, 10/01/2015 $ 300,000 320,339
British Sky Broadcasting Group PLC      
6.100%, 02/15/2018 (S)   400,000 479,511
HBOS PLC      
6.750%, 05/21/2018 (S)   900,000 913,500
LBG Capital No.1 PLC      
7.375%, 03/12/2020 EUR 1,100,000 1,293,827
11.040%, 03/19/2020 GBP 2,800,000 4,928,368
LBG Capital No.2 PLC      
7.625%, 12/09/2019   3,138,000 4,839,214
Nationwide Building Society      
2.875%, 09/14/2015 EUR 4,700,000 6,422,049
Pearson Dollar Finance Two PLC      
5.500%, 05/06/2013 (S) $ 3,000,000 3,081,657
Tate & Lyle International Finance PLC      
5.000%, 11/15/2014 (S)   400,000 426,149
The Royal Bank of Scotland PLC      
2.750%, 06/18/2013 EUR 1,800,000 2,352,662
Westpac Securities NZ, Ltd.      
3.450%, 07/28/2014 (S) $ 4,300,000 4,524,783
 
      35,599,031
United States - 7.7%      
Altria Group, Inc.      
9.250%, 08/06/2019   676,000 960,017
American International Group, Inc.      
6.797%, 11/15/2017 (S) EUR 285,000 425,753
American International Group, Inc.      
(8.000% to 05/22/2018, then 3 month      
EURIBOR + 4.450%)      
05/22/2038 (S)   5,600,000 8,023,851
AutoZone, Inc.      
5.875%, 10/15/2012 $ 800,000 801,447
Bank of America Corp.      
0.886%, 05/23/2017 EUR 4,100,000 4,649,631

 

Global Bond Trust (continued)    
    Shares or  
    Principal  
    Amount Value
 
CORPORATE BONDS (continued)      
United States (continued)      
Boston Scientific Corp.      
6.400%, 06/15/2016 $ 1,600,000 $ 1,852,480
Citigroup, Inc.      
0.678%, 06/09/2016 (P)   500,000 462,090
0.857%, 05/31/2017 (P) EUR 2,000,000 2,268,113
5.500%, 10/15/2014 $ 100,000 107,842
6.000%, 08/15/2017   44,000 51,262
CNA Financial Corp.      
5.850%, 12/15/2014   4,000,000 4,339,996
Computer Sciences Corp.      
6.500%, 03/15/2018   2,050,000 2,376,165
Dexia Credit Local/New York      
2.000%, 03/05/2013 (S)   5,000,000 5,010,135
HCA, Inc.      
7.875%, 02/15/2020   200,000 224,750
International Finance Corp.      
5.000%, 08/03/2016 AUD 700,000 771,503
5.750%, 06/24/2014   1,300,000 1,410,142
International Lease Finance Corp.      
6.500%, 09/01/2014 (S) $ 2,800,000 3,010,000
6.625%, 11/15/2013   600,000 627,000
JPMorgan Chase & Company      
3.450%, 03/01/2016   300,000 319,927
6.300%, 04/23/2019   200,000 245,905
Loews Corp.      
5.250%, 03/15/2016   400,000 450,866
Marsh & McLennan Companies, Inc.      
5.750%, 09/15/2015   910,000 1,018,442
Merrill Lynch & Company, Inc.      
0.675%, 01/31/2014 (P) EUR 900,000 1,142,296
6.875%, 04/25/2018 $ 168,000 201,331
Morgan Stanley      
0.608%, 03/01/2013 (P) EUR 400,000 513,300
0.917%, 01/16/2017 (P)   1,500,000 1,745,269
2.052%, 01/24/2014 (P) $ 1,700,000 1,705,692
Sealed Air Corp.      
5.625%, 07/15/2013 (S)   4,200,000 4,305,000
Simon Property Group LP      
6.125%, 05/30/2018   2,250,000 2,748,582
Spectra Energy Capital LLC      
6.200%, 04/15/2018   5,000,000 6,049,020
Springleaf Finance Corp.      
6.900%, 12/15/2017   3,000,000 2,550,000
Starwood Hotels & Resorts      
Worldwide, Inc.      
6.750%, 05/15/2018   3,000,000 3,593,352
The Cleveland Electric Illuminating      
Company      
5.700%, 04/01/2017   3,000,000 3,391,131
WM Covered Bond Program      
4.000%, 09/27/2016 EUR 900,000 1,276,613
4.375%, 05/19/2014   5,200,000 7,056,291
 
      75,685,194
TOTAL CORPORATE BONDS (Cost $338,539,645) $ 343,386,988
 
MUNICIPAL BONDS - 1.4%      
American Municipal Power, Inc. (Ohio)      
7.734%, 02/15/2033 $ 1,600,000 2,152,480
8.084%, 02/15/2050   4,100,000 6,048,279
City of New York 4.937%, 12/01/2019   2,700,000 3,177,792
Iowa Tobacco Settlement Authority,      
Series A 6.500%, 06/01/2023   395,000 377,276

 

147

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Global Bond Trust (continued)    
    Shares or  
    Principal  
    Amount Value
 
MUNICIPAL BONDS (continued)      
Metropolitan Water District of      
Southern California      
5.000%, 10/01/2036 $ 5,000 $ 5,241
5.000%, 10/01/2036   40,000 41,925
New York City Municipal Water Finance      
Authority, Series 1289      
8.946%, 12/15/2013 (P) (S)   300,000 408,615
State of California      
7.700%, 11/01/2030   900,000 1,104,444
7.950%, 03/01/2036   200,000 240,112
Triborough Bridge & Tunnel Authority      
(New York) 5.550%, 11/15/2040   400,000 496,276
TOTAL MUNICIPAL BONDS (Cost $10,678,019) $ 14,052,440
 
CAPITAL PREFERRED SECURITIES - 0.0%    
United States - 0.0%      
RBS Capital Trust I (4.709% to      
07/01/2013, then 3 month      
LIBOR + 1.865%) , 07/01/2013 (Q)   300,000 186,000
 
      186,000
TOTAL CAPITAL PREFERRED SECURITIES (Cost $120,003) $ 186,000
 
COLLATERALIZED MORTGAGE      
OBLIGATIONS - 13.5%      
Australia - 1.0%      
Crusade Global Trust, Series 2005-2,      
Class A2      
3.802%, 08/14/2037 (P) AUD 2,746,425 2,763,745
Puma Finance, Ltd.      
Series 2006-G5, Class A1,      
0.505%, 02/21/2038 (P) (S) $ 427,308 416,722
Series 2005-P11, Class BA,      
3.927%, 08/22/2037 (P) AUD 1,832,710 1,853,189
Series 2004-P10, Class BA,      
4.120%, 07/12/2036 (P)   329,344 337,691
Swan Trust, Series 2006-1E, Class A2      
3.788%, 05/12/2037 (P)   1,097,410 1,114,088
The Superannuation Member Home Loan      
Programme, Series 2009-3, Class A1      
4.980%, 11/07/2040 (P)   1,621,427 1,674,025
Torrens Trust, Series 2007-1, Class A      
3.950%, 10/19/2038 (P)   1,518,037 1,525,647
 
      9,685,107
Ireland - 0.5%      
German Residential Asset      
Note Distributor PLC, Series 2006-1,      
Class A      
0.704%, 07/20/2016 (P) EUR 3,930,368 4,937,077
 
      4,937,077
Netherlands - 0.0%      
Atomium Mortgage Finance BV,      
Series 2003-I, Class A      
0.325%, 07/01/2034 (P)   35,248 43,748
Dutch Mortgage Portfolio Loans BV,      
Series III, Class A      
0.589%, 11/20/2035 (P)   148,458 190,564
 
      234,312
United Kingdom - 3.9%      
Alba PLC, Series 2006-2, Class A3A      
0.823%, 12/15/2038 (P) GBP 304,992 415,444

 

Global Bond Trust (continued)    
    Shares or  
    Principal  
    Amount Value
 
COLLATERALIZED MORTGAGE      
OBLIGATIONS (continued)      
United Kingdom (continued)      
Fosse Master Issuer PLC, Series 2012-1A,      
Class 2B2      
2.908%, 10/18/2054 (P) (S) GBP 3,100,000 $ 5,133,766
Gosforth Funding PLC, Series 2011-1,      
Class A2      
2.219%, 04/24/2047 (P)   2,700,000 4,439,314
Great Hall Mortgages PLC      
Series 2007-1, Class A2B,      
0.380%, 03/18/2039 (P) EUR 1,720,916 1,906,459
Series 2006-1, Class A2B,      
0.400%, 06/18/2038 (P)   2,338,228 2,628,840
Series 2007-1, Class A2A,      
0.776%, 03/18/2039 (P) GBP 1,720,915 2,399,722
Holmes Master Issuer PLC      
Series 2011-1A, Class A3,      
1.847%, 10/15/2054 (P) (S) EUR 900,000 1,172,149
Series 2010-1A, Class A3,      
1.897%, 10/15/2054 (P) (S)   4,500,000 5,845,923
Mansard Mortgages PLC, Series 2007-2X,      
Class A1      
1.303%, 12/15/2049 (P) GBP 8,194,770 11,786,447
Newgate Funding PLC, Series 2007-3X,      
Class A1      
1.253%, 12/15/2050 (P)   891,727 1,429,556
RMAC Securities PLC,      
Series 2006-NS1X, Class A2C      
0.411%, 06/12/2044 (P) EUR 1,458,525 1,660,074
 
      38,817,694
United States - 8.1%      
Adjustable Rate Mortgage Trust,      
Series 2005-5, Class 2A1      
3.114%, 09/25/2035 (P) $ 161,340 146,122
American Home Mortgage      
Investment Trust, Series 2004-3,      
Class 5A      
2.533%, 10/25/2034 (P)   84,402 84,276
Banc of America Funding Corp.      
Series 2005-E , Class 1A1,      
0.509%, 05/20/2035 (P)   457,279 273,892
Series 2006-J, Class 4A1,      
5.630%, 01/20/2047 (P)   224,779 159,728
Banc of America Large Loan, Inc.,      
Series 2010-HLTN, Class HLTN      
1.971%, 11/15/2015 (P) (S)   5,368,888 5,362,789
Banc of America Mortgage      
Securities, Inc., Series 2005-B,      
Class 2A2      
3.034%, 03/25/2035 (P)   1,245,510 1,167,232
Bear Stearns Adjustable      
Rate Mortgage Trust      
Series 2003-6, Class 1A1,      
2.471%, 08/25/2033 (P)   171,139 172,671
Series 2005-2, Class A1,      
2.570%, 03/25/2035 (P)   1,931,390 1,946,460
Series 2003-7, Class 6A,      
2.803%, 10/25/2033 (P)   154,317 155,857
Series 2003-9, Class 2A1,      
2.959%, 02/25/2034 (P)   29,170 28,703
Series 2005-2, Class A2,      
3.078%, 03/25/2035 (P)   674,734 677,771
Series 2004-2, Class 23A,      
3.189%, 05/25/2034 (P)   112,996 109,173

 

148

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Global Bond Trust (continued)    
    Shares or  
    Principal  
    Amount Value
 
COLLATERALIZED MORTGAGE      
OBLIGATIONS (continued)      
United States (continued)      
Bear Stearns Adjustable Rate      
Mortgage Trust (continued)      
Series 2004-2, Class 22A,      
3.229%, 05/25/2034 (P) $ 281,250 $ 276,861
Series 2004-9, Class 22A1,      
3.399%, 11/25/2034 (P)   124,920 126,095
Series 2005-12, Class 23A1,      
5.435%, 02/25/2036 (P)   1,161,564 722,736
Bear Stearns Alt-A Trust      
Series 2005-9, Class 24A1,      
2.768%, 11/25/2035 (P)   1,074,857 784,901
Series 2006-1, Class 21A2,      
2.863%, 02/25/2036 (P)   38,498 20,886
Series 2005-7, Class 22A1,      
3.006%, 09/25/2035 (P)   1,398,326 1,129,239
Bear Stearns Structured      
Products, Inc. Trust, Series 2007-R6,      
Class 1A1      
2.840%, 01/26/2036 (P)   2,386,607 1,435,222
Citigroup Mortgage Loan Trust, Inc.      
Series 2005-6, Class A1,      
2.230%, 09/25/2035 (P)   649,705 642,771
Series 2005-6, Class A2,      
2.340%, 09/25/2035 (P)   737,466 712,109
Commercial Mortgage Pass-Through      
Certificates, Series 2007-C3, Class A2      
5.866%, 06/15/2039 (P)   201,624 201,618
Countrywide Alternative Loan Trust      
Series 2007-OA7, Class A1A,      
0.397%, 05/25/2047 (P)   2,365,491 1,618,462
Series 2006-OA9, Class 2A1B,      
0.419%, 07/20/2046 (P)   740,008 365,413
Series 2007-11T1, Class A12,      
0.567%, 05/25/2037 (P)   560,804 318,896
Series 2005-56, Class 2A3,      
1.648%, 11/25/2035 (P)   179,584 122,611
Series 2005-56, Class 2A2,      
2.188%, 11/25/2035 (P)   149,755 105,744
Series 2005-21CB, Class A3,      
5.250%, 06/25/2035   235,589 201,910
Series 2007-7T2, Class A9,      
6.000%, 04/25/2037   1,765 1,272
Series 2007-16CB, Class 5A1,      
6.250%, 08/25/2037   248,235 179,959
Countrywide Home Loan Mortgage      
Pass Through Trust      
Series 2005-2, Class 2A1,      
0.537%, 03/25/2035 (P)   127,445 94,070
Series 2004-25, Class 1A1,      
0.547%, 02/25/2035 (P)   55,478 48,698
Series 2004-25, Class 2A1,      
0.557%, 02/25/2035 (P)   86,428 73,750
Series 2004-22, Class A3,      
2.657%, 11/25/2034 (P)   322,183 293,598
Series 2004-HYB5, Class 2A1,      
2.910%, 04/20/2035 (P)   120,435 120,614
Series 2004-12, Class 11A1,      
3.012%, 08/25/2034 (P)   97,612 81,437
Credit Suisse First Boston      
Mortgage Securities Corp.      
Series 2002-AR13, Class 3A,      
2.120%, 05/25/2032 (P)   2,681 2,645
Series 2003-AR18, Class 2A3,      
2.605%, 07/25/2033 (P)   28,157 28,076

 

Global Bond Trust (continued)    
    Shares or  
    Principal  
    Amount Value
 
COLLATERALIZED MORTGAGE      
OBLIGATIONS (continued)      
United States (continued)      
Credit Suisse First Boston Mortgage      
Securities Corp. (continued)      
Series 2003-AR20, Class 2A1,      
2.699%, 08/25/2033 (P) $ 412,227 $ 416,794
Series 2003-8, Class 5A1,      
6.500%, 04/25/2033   25,346 26,789
DSLA Mortgage Loan Trust,      
Series 2006-AR2, Class 2AB3      
0.529%, 10/19/2036 (P)   2,093,675 27,471
Federal Home Loan Mortgage Corp.      
Series 2752, Class FM,      
0.571%, 12/15/2030 (P)   18,411 18,416
Series T-62, Class 1A1,      
1.306%, 10/25/2044 (P)   1,805,197 1,813,126
Federal National Mortgage Association      
Series 2004-W2, Class 5AF,      
0.567%, 03/25/2044 (P)   90,726 87,938
Series 2002-W8, Class F,      
0.617%, 09/25/2032 (P)   24,290 24,233
Series 2010-136, Class FA,      
0.717%, 12/25/2040 (P)   2,949,018 2,959,841
First Horizon Mortgage      
Pass Through Trust      
Series 2003-AR4, Class 2A1,      
2.607%, 12/25/2033 (P)   149,798 148,448
Series 2005-AR3, Class 2A1,      
2.614%, 08/25/2035 (P)   173,849 164,116
First Republic Mortgage Loan Trust,      
Series 2001-FRB1, Class A      
0.571%, 11/15/2031 (P)   87,387 86,445
GMAC Mortgage Corp. Loan Trust,      
Series 2004-AR1, Class 22A      
3.615%, 06/25/2034 (P)   34,483 33,784
Government National Mortgage      
Association, Series 2004-68, Class ZC      
6.000%, 08/20/2034   4,055,534 4,886,030
Greenpoint Mortgage Funding Trust,      
Series 2006-OH1, Class A1      
0.397%, 01/25/2037 (P)   337,881 196,233
Greenpoint Mortgage Pass-Through      
Certificates, Series 2003-1, Class A1      
3.177%, 10/25/2033 (P)   27,464 26,852
GSR Mortgage Loan Trust, Series 2003-1,      
Class A2      
1.870%, 03/25/2033 (P)   142,506 142,846
Harborview Mortgage Loan Trust      
Series 2003-1, Class A,      
2.958%, 05/19/2033 (P)   292,113 292,361
Series 2005-4, Class 3A1,      
3.077%, 07/19/2035 (P)   68,538 56,656
Indymac Index Mortgage Loan Trust,      
Series 2004-AR11, Class 2A      
2.671%, 12/25/2034 (P)   107,272 93,313
JPMorgan Alternative Loan Trust,      
Series 2006-A6, Class 2A1      
5.500%, 11/25/2036 (P)   260,494 262,340
JPMorgan Mortgage Trust      
Series 2003-A2, Class 3A1,      
2.365%, 11/25/2033 (P)   155,118 154,308
Series 2007-A1, Class 5A5,      
2.945%, 07/25/2035 (P)   727,552 745,799
Series 2007-A1, Class 5A6,      
2.945%, 07/25/2035 (P)   661,411 566,868

 

149

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Global Bond Trust (continued)    
    Shares or  
    Principal  
    Amount Value
 
COLLATERALIZED MORTGAGE      
OBLIGATIONS (continued)      
United States (continued)      
JPMorgan Mortgage Trust (continued)      
Series 2006-S2, Class 1A3,      
5.500%, 07/25/2036 $ 889,174 $ 793,632
MASTR Adjustable Rate Mortgages Trust,      
Series 2007-HF1, Class A1      
0.457%, 05/25/2037 (P)   456,312 264,982
Mellon Residential Funding Corp.,      
Series 2000-TBC3, Class A1      
0.661%, 12/15/2030 (P)   59,187 58,906
Merrill Lynch Floating Trust,      
Series 2008-LAQA, Class A1      
0.766%, 07/09/2021 (P) (S)   2,205,227 2,172,954
Merrill Lynch Mortgage Investors, Inc.,      
Series 2005-2, Class 1A      
1.986%, 10/25/2035 (P)   1,009,838 977,570
Merrill Lynch Mortgage Investors, Inc.      
Series 2005-A10, Class A,      
0.427%, 02/25/2036 (P)   4,883,948 4,123,503
Series 2005-3, Class 4A,      
0.467%, 11/25/2035 (P)   1,083,675 986,572
Series 2005-A8, Class A3A2,      
0.467%, 08/25/2036 (P)   152,675 148,551
Series 2003-A2, Class 1A1,      
2.539%, 02/25/2033 (P)   178,102 178,309
Merrill Lynch/Countrywide      
Commercial Mortgage Trust      
Series 2006-3, Class A4,      
5.414%, 07/12/2046 (P)   2,400,000 2,760,821
Series 2007-8, Class A3,      
6.147%, 08/12/2049 (P)   3,200,000 3,665,386
NCUA Guaranteed Notes Trust      
Series 2010-R2, Class 1A,      
0.598%, 11/06/2017 (P)   9,688,753 9,712,975
Series 2010-R1, Class 1A,      
0.678%, 10/07/2020 (P)   3,575,175 3,591,263
Residential Accredit Loans, Inc.      
Series 2007-QO2, Class A1,      
0.367%, 02/25/2047 (P)   677,008 363,681
Series 2006-QO6, Class A1,      
0.397%, 06/25/2046 (P)   2,836,294 1,242,552
Series 2007-QH4, Class A2,      
0.447%, 05/25/2037 (P)   936,589 216,592
Series 2006-QA2, Class 2A1,      
5.714%, 02/25/2036 (P)   854,797 511,797
Residential Asset Securitization Trust      
Series 2006-R1, Class A2,      
0.617%, 01/25/2046 (P)   705,434 286,755
Series 2005-A15, Class 5A1,      
5.750%, 02/25/2036   2,000 1,617
Residential Funding Mortgage      
Securities I, Series 2005-SA4,      
Class 1A21      
3.338%, 09/25/2035 (P)   196,644 155,328
Sequoia Mortgage Trust      
Series 2003-4, Class 2A1,      
0.569%, 07/20/2033 (P)   260,916 256,203
Series 5, Class A,      
0.919%, 10/19/2026 (P)   38,465 38,127
Structured Adjustable Rate      
Mortgage Loan Trust      
Series 2004-1, Class 4A1,      
2.778%, 02/25/2034 (P)   199,063 201,093
Series 2005-18, Class 6A1,      
2.816%, 09/25/2035 (P)   452,812 393,970

 

Global Bond Trust (continued)    
    Shares or  
    Principal  
    Amount Value
 
COLLATERALIZED MORTGAGE      
OBLIGATIONS (continued)      
United States (continued)      
Structured Adjustable Rate Mortgage      
Loan Trust (continued)      
Series 2004-4, Class 3A2,      
2.828%, 04/25/2034 (P) $ 461,536 $ 456,967
Series 2004-12, Class 7A1,      
2.923%, 09/25/2034 (P)   495,712 497,416
Structured Asset      
Mortgage Investments, Inc.      
Series 2006-AR5, Class 1A1,      
0.427%, 05/25/2046 (P)   741,032 427,804
Series 2004-AR3, Class 1A2,      
0.799%, 07/19/2034 (P)   112,569 110,994
Thornburg Mortgage Securities Trust      
Series 2007-2, Class A1,      
1.467%, 06/25/2037 (P)   1,107,549 1,033,623
Series 2007-3, Class 2A1,      
1.467%, 06/25/2047 (P)   322,251 279,910
Series 2003-5, Class 1A,      
2.990%, 10/25/2043 (P)   1,173,527 1,166,090
Series 2007-2, Class A2A,      
5.750%, 06/25/2037 (P)   1,251,167 1,216,676
Series 2007-2, Class A3A,      
5.750%, 06/25/2037 (P)   2,616,069 2,633,646
Series 2007-3, Class 3A1,      
5.750%, 06/25/2047 (P)   835,065 760,001
Series 2007-3, Class 4A1,      
5.750%, 06/25/2047 (P)   859,507 847,724
Wachovia Bank Commercial      
Mortgage Trust, Series 2006-C28,      
Class A4      
5.572%, 10/15/2048   192,000 220,698
WaMu Mortgage Pass-      
Through Certificates      
Series 2005-AR6, Class 2A1A,      
0.447%, 04/25/2045 (P)   139,836 129,904
Series 2005-AR2, Class 2A1A,      
0.527%, 01/25/2045 (P)   67,480 64,544
Series 2002-AR17, Class 1A,      
1.348%, 11/25/2042 (P)   396,531 367,255
Series 2002-AR2, Class A,      
2.344%, 02/27/2034 (P)   84,414 85,604
Series 2003-AR5, Class A7,      
2.453%, 06/25/2033 (P)   130,509 133,970
Washington Mutual Alternative Mortgage      
Pass-Through Certificates,      
Series 2006-AR5, Class 3A      
1.088%, 07/25/2046 (P)   476,429 220,492
Wells Fargo Mortgage Backed      
Securities Trust, Series 2005-AR11,      
Class 1A1      
2.630%, 06/25/2035 (P)   2,418,945 2,468,616
 
      79,450,347
TOTAL COLLATERALIZED MORTGAGE      
OBLIGATIONS (Cost $136,594,061)   $ 133,124,537
 
ASSET BACKED SECURITIES - 3.1%      
Cayman Islands - 1.2%      
Callidus Debt Partners CLO      
Fund VII, Ltd.      
1.203%, 01/21/2021 (P) (S)   997,889 974,359
Commercial Industrial Finance Corp.,      
Series 2007-1A, Class A1l      
0.697%, 05/10/2021 (P) (S)   2,100,000 2,021,998

 

150

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Global Bond Trust (continued)    
    Shares or  
    Principal  
    Amount Value
 
 
ASSET BACKED SECURITIES (continued)    
Cayman Islands (continued)      
Duane Street CLO, Series 2005-1A,      
Class A2 0.689%, 11/08/2017 (P) (S) $ 901,087 $ 887,299
First CLO, Ltd., Series 2004-2A1,      
Class A2 0.704%, 12/14/2016 (P) (S)   62,480 62,297
Franklin CLO, Ltd.      
0.649%, 06/15/2018 (P) (S)   1,264,190 1,226,367
Fraser Sullivan CLO, Ltd.,      
Series 2006-1A, Class A2      
0.649%, 03/15/2020 (P) (S)   5,633,810 5,511,787
Landmark V CDO, Ltd., Series 2005-1A,      
Class A1L 0.718%, 06/01/2017 (P) (S)   1,254,860 1,240,251
 
      11,924,358
Ireland - 0.7%      
Aquilae CLO PLC, Series 2006-1X,      
Class A 1.007%, 01/17/2023 (P) EUR 3,596,683 4,461,143
Magnolia Funding, Ltd., Series 2010-1A,      
Class A1 1.314%, 04/11/2021 (S)   1,673,071 2,043,859
 
      6,505,002
Luxembourg - 0.1%      
Penta CLO SA, Series 2007-1X, Class A1      
1.166%, 06/04/2024 (P)   968,307 1,174,666
 
      1,174,666
Netherlands - 0.6%      
Globaldrive BV, Series 2011-AA, Class A      
0.869%, 04/20/2019 (P) (S)   1,813,918 2,343,030
Grosvenor Place CLO BV      
Series I-X, Class A1,      
0.714%, 07/20/2021 (P)   889,626 1,098,428
Series I-X, Class A2,      
1.043%, 07/20/2021 (P) GBP 1,581,556 2,456,355
 
      5,897,813
United States - 0.5%      
Access Group, Inc., Series 2008-1,      
Class A 1.751%, 10/27/2025 (P) $ 1,572,736 1,581,749
Aegis Asset Backed Securities Trust,      
Series 2005-4, Class 1A4      
0.587%, 10/25/2035 (P)   2,893,458 2,613,684
Amortizing Residential Collateral Trust,      
Series 2002-BC4, Class A      
0.797%, 07/25/2032 (P)   6,344 5,295
Amresco Residential Securities,      
Series 1999-1, Class A      
1.157%, 06/25/2029 (P)   27,650 23,505
First Alliance Mortgage Loan,      
Series 1997-4, Class A3      
0.449%, 12/20/2027 (P)   21,501 15,664
GSRPM Mortgage Loan Trust,      
Series 2003-1, Class A2      
0.917%, 01/25/2032 (P)   13,407 13,317
Home Equity Asset Trust, Series 2002-1,      
Class A4 0.817%, 11/25/2032 (P)   1,283 921
Plymouth Rock CLO, Ltd.,      
Series 2010-1A, Class A      
1.937%, 02/16/2019 (P) (S)   858,002 856,797
Residential Asset Mortgage      
Products, Inc. Trust, Series 2002-RS3      
0.777%, 06/25/2032 (P)   13,108 11,033
Residential Asset Securities Corp. Trust,      
Series 2002-KS4, Class AIIB      
0.717%, 07/25/2032 (P)   33,943 21,554

 

Global Bond Trust (continued)      
    Shares or    
    Principal    
    Amount   Value
 
ASSET BACKED SECURITIES (continued)      
United States (continued)        
Securitized Asset Backed        
Receivables LLC Trust,        
Series 2007-NC1, Class A2A        
0.267%, 12/25/2036 (P) $ 66,741 $ 31,626
Small Business Administration        
Participation Certificates,        
Series 2000-20K, Class 1        
7.220%, 11/01/2020   53,891   60,526
United States Small Business        
Administration, Series 2004-10A,        
Class 1 4.120%, 03/10/2014   170,171   174,507
 
        5,410,178
TOTAL ASSET BACKED SECURITIES (Cost $31,047,135) $ 30,912,017
 
TERM LOANS (M) - 0.4%        
United States - 0.4%        
Springleaf Finance Funding Company        
5.500%, 05/10/2017   3,500,000   3,423,875
TOTAL TERM LOANS (Cost $3,485,633)     $ 3,423,875
 
PREFERRED SECURITIES - 0.2%        
United States - 0.2%        
DG Funding Trust, 0.731% (S)    236  $ 2,051,437
SLM Corp., 4.042%   9,800   231,476
 
        2,282,913
TOTAL PREFERRED SECURITIES (Cost $2,611,850) $ 2,282,913
 
ESCROW SHARES - 0.3%        
Diversified Banks - 0.3%        
Lehman Brothers Holdings, Inc.        
5.460%, 12/30/2016 (I)   4,100,000   1,035,250
Lehman Brothers Holdings, Inc.        
5.625%, 01/24/2013 (I)   4,500,000   1,158,750
Lehman Brothers Holdings, Inc.        
6.875%, 05/02/2018 (I)   2,100,000   546,000
 
        2,740,000
TOTAL ESCROW SHARES (Cost $2,560,500)   $ 2,740,000
 
OPTIONS PURCHASED - 0.1%        
Call Options - 0.0%        
Over the Counter Call on the USD vs.        
JPY (Expiration Date: 10/16/2012;        
Strike Price: $90.00; Counterparty:        
Morgan Stanley Capital Group, Inc.) (I) $ 25,000,000 $ 100
Over the Counter Call on the USD vs.        
JPY (Expiration Date: 10/17/2012;        
Strike Price: $90.00; Counterparty:        
Morgan Stanley Capital Group, Inc.) (I)   60,000,000   420
Over the Counter Call on the USD vs.        
JPY (Expiration Date: 10/25/2012;        
Strike Price: $90.00; Counterparty:        
Morgan Stanley Capital Group, Inc.) (I)   170,000,000   7,820
Over the Counter Call on the USD vs.        
JPY (Expiration Date: 10/30/2012;        
Strike Price: $90.00; Counterparty:        
Morgan Stanley Capital Group, Inc.) (I)   40,000,000   3,480
 
        11,820

 

151

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Global Bond Trust (continued)    
    Shares or  
    Principal  
    Amount Value
 
OPTIONS PURCHASED (continued)      
Put Options - 0.1%      
Over the Counter Put on 30 Year Interest      
Rate Swap. Receive a fixed rate of      
3.450% and pay a floating rate based on      
3-month LIBOR (Expiration Date:      
09/21/2015; Counterparty: Bank of      
America NA) (I) $ 7,000,000 $ 528,066
Over the Counter Put on 30 Year Interest      
Rate Swap. Receive a fixed rate of      
3.450% and pay a floating rate based on      
3-month LIBOR (Expiration Date:      
09/21/2015; Counterparty:      
Citibank NA) (I)   3,600,000 271,577
Over the Counter Put on Federal National      
Mortgage Association, 4.500%      
(Expiration: 12/15/2012; Strike Price      
$100.25; Counterparty: Bank of New      
York Mellon Corp.) (I)   99,000,000 1
 
      799,644
TOTAL OPTIONS PURCHASED (Cost $903,602) $ 811,464
 
SHORT-TERM INVESTMENTS - 18.1%      
U.S. Government - 2.5%      
U.S. Treasury Bill      
0.090%, 11/15/2012 *   300,000 299,948
0.110%, 02/07/2013 *   903,000 902,563
0.130%, 03/28/2013 *   5,200,000 5,196,529
0.150%, 05/30/2013 *   584,000 583,343
0.150%, 06/27/2013 *   722,000 720,916
0.155%, 08/22/2013 *   14,110,000 14,087,987
0.155%, 09/19/2013 *   373,000 372,367
0.185%, 05/02/2013 *   2,810,000 2,807,316
 
      24,970,969
U.S. Government Agency - 0.4%      
Federal Home Loan Bank Discount      
Notes 0.175%, 03/01/2013 *   2,300,000 2,298,312
Federal Home Loan Mortgage Corp.      
Discount Notes 0.140%, 03/05/2013 *   900,000 899,458
Federal National Mortgage Association      
Discount Notes 0.180%, 08/01/2013 *   800,000 798,784
 
      3,996,554
Foreign Government - 1.7%      
Mexico Cetes      
4.360%, 10/18/2012 *   970,000,000 7,518,098
4.450%, 10/04/2012 *   1,200,000,000 9,316,123
 
      16,834,221
Commercial Paper - 0.3%      
Santander UK PLC 2.200%, 04/02/2013 *   3,000,000 2,966,633
 
      2,966,633
Repurchase Agreement - 13.2%      
Repurchase Agreement with Bank of      
America dated 09/28/2012 at 0.160% -      
0.190% to be repurchased at      
$51,400,763 on 10/01/2012,      
collateralized by $52,400,000      
U.S. Treasury Notes, 0.250% - 0.375%      
due 04/30/2014 - 04/15/2015 (valued at      
$52,527,734, including interest)   51,400,000 51,400,000

 

Global Bond Trust (continued)      
    Shares or    
    Principal    
    Amount   Value
 
SHORT-TERM INVESTMENTS (continued)      
Repurchase Agreement (continued)        
Repurchase Agreement with Barclays        
Capital dated 09/28/2012 at 0.140% to        
be repurchased at $5,300,062 on        
10/01/2012, collateralized by        
$5,063,534 Federal Home Loan Bank,        
4.500% due 09/01/2041 (valued at        
$5,451,211, including interest) $ 5,300,000 $ 5,300,000
Repurchase Agreement with BNP Paribas        
dated 09/28/2012 at 0.190% to be        
repurchased at $36,900,584 on        
10/01/2012, collateralized by        
$37,610,202, Federal National Mortgage        
Association, 3.500% due 12/25/2030        
(valued at $39,269,827,        
including interest)   36,900,000   36,900,000
Repurchase Agreement with Citigroup        
dated 09/28/2012 at 0.020% - 0.028% to        
be repurchased at $20,600,380 on        
10/01/2012, collateralized by        
$20,071,077 Federal National Mortgage        
Association, 0.790% to 3.500% due        
04/24/2015 - 09/01/2042 (valued at        
$21,358,296, including interest)   20,600,000   20,600,000
Repurchase Agreement with TD Securities        
dated 09/28/2012 at 0.260% to be        
repurchased at $15,700,340 on        
10/01/2012, collateralized by        
$16,485,000 U.S. Treasury Bonds,        
2.750% due 08/15/2042 (valued at        
$16,364,050, including interest)   15,700,000   15,700,000
 
        129,900,000
TOTAL SHORT-TERM INVESTMENTS (Cost $178,628,151) $ 178,668,377
Total Investments (Global Bond Trust)        
(Cost $1,181,110,054) - 121.5%     $ 1,198,170,315
Other assets and liabilities, net - (21.5%)       (211,860,884)
 
TOTAL NET ASSETS - 100.0%     $ 986,309,431
 
 
 
 
Global Diversification Trust      
    Shares or    
    Principal    
    Amount   Value
 
INVESTMENT COMPANIES - 100.0%        
Affiliated Investment Companies (G) - 26.7%      
Fixed Income - 26.7%        
Bond Trust, Series NAV (John Hancock) (1)(A) 14,431,329 $ 204,924,867
American Funds Insurance Series - 73.3%      
American Funds Insurance Series - 15.2%      
American Global Small Capitalization        
Fund - Class 1   5,950,259   116,089,547
Equity - 50.5%        
American Global Growth Fund - Class 1   13,809,944   311,690,446
American New World Fund - Class 1   3,427,093   75,121,884

 

152

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Global Diversification Trust (continued)  
  Shares or    
  Principal    
  Amount   Value
 
INVESTMENT COMPANIES (continued)      
Fixed Income - 7.6%      
American High-Income Bond Fund - Class 1 5,089,658 $ 58,581,960
TOTAL INVESTMENT COMPANIES (Cost $670,710,339) $ 766,408,704
Total Investments (Global Diversification Trust)      
(Cost $670,710,339) - 100.0%   $ 766,408,704
Other assets and liabilities, net - 0.0%     (32,909)
 
TOTAL NET ASSETS - 100.0%   $ 766,375,795
 
 
 
 
Growth Equity Trust      
  Shares or    
  Principal    
  Amount   Value
 
COMMON STOCKS - 99.4%      
Consumer Discretionary - 18.6%      
Hotels, Restaurants & Leisure - 4.2%      
Starbucks Corp. 142,210 $ 7,217,158
Starwood Hotels & Resorts Worldwide, Inc. 135,440   7,850,102
Wynn Resorts, Ltd.  37,570 4,337,081
 
      19,404,341
Internet & Catalog Retail - 3.1%      
Amazon.com, Inc. (I)  39,950 10,160,084
priceline.com, Inc. (I)  6,870 4,250,675
 
      14,410,759
Media - 1.1%      
DIRECTV (I)  95,340 5,001,536
Multiline Retail - 0.6%      
Dollar General Corp. (I)  55,690 2,870,263
Specialty Retail - 4.9%      
Bed Bath & Beyond, Inc. (I)  17,930 1,129,590
Dick’s Sporting Goods, Inc. (L)  79,500 4,122,075
Limited Brands, Inc.  86,060 4,239,316
The Home Depot, Inc. 154,850   9,348,295
Tractor Supply Company  36,610 3,620,363
 
      22,459,639
Textiles, Apparel & Luxury Goods - 4.7%      
Coach, Inc.  58,140 3,257,003
Michael Kors Holdings, Ltd. (I)  59,160 3,146,129
NIKE, Inc., Class B  48,340 4,587,949
Ralph Lauren Corp.  28,920 4,373,572
VF Corp. (L)  38,210 6,089,146
 
      21,453,799
 
      85,600,337
Consumer Staples - 8.3%      
Beverages - 1.7%      
Anheuser-Busch InBev NV, ADR  92,530 7,949,252
Food & Staples Retailing - 3.9%      
Costco Wholesale Corp.  78,200 7,829,775
Whole Foods Market, Inc. 104,890   10,216,286
 
      18,046,061
Personal Products - 2.0%      
The Estee Lauder Companies, Inc., Class A 148,680   9,154,228
Tobacco - 0.7%      
Philip Morris International, Inc.  36,160 3,252,230
 
      38,401,771

 

Growth Equity Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
COMMON STOCKS (continued)    
Energy - 6.1%    
Energy Equipment & Services - 4.5%    
Cameron International Corp. (I) 95,540 $ 5,356,928
Ensco PLC, Class A 96,790 5,280,862
Schlumberger, Ltd. 139,300 10,075,569
 
    20,713,359
Oil, Gas & Consumable Fuels - 1.6%    
Anadarko Petroleum Corp. 55,210 3,860,283
Plains Exploration & Production Company (I) 95,890 3,592,998
 
    7,453,281
 
    28,166,640
Financials - 3.3%    
Capital Markets - 1.3%    
T. Rowe Price Group, Inc. 97,440 6,167,952
Commercial Banks - 1.4%    
Wells Fargo & Company 183,730 6,344,197
Real Estate Management & Development - 0.6%    
CBRE Group, Inc., Class A (I) 142,490 2,623,241
 
    15,135,390
Health Care - 13.3%    
Biotechnology - 4.1%    
Alexion Pharmaceuticals, Inc. (I) 38,050 4,352,920
Biogen Idec, Inc. (I) 41,560 6,201,999
Gilead Sciences, Inc. (I) 122,800 8,145,320
 
    18,700,239
Health Care Equipment & Supplies - 1.5%    
Intuitive Surgical, Inc. (I) 14,340 7,107,334
Health Care Providers & Services - 0.9%    
Catamaran Corp. (I) 41,310 4,047,141
Pharmaceuticals - 6.8%    
Allergan, Inc. 111,060 10,170,875
Novo Nordisk A/S, ADR 61,960 9,777,908
Perrigo Company (L) 30,420 3,533,891
Shire PLC, ADR 45,700 4,053,590
Watson Pharmaceuticals, Inc. (I) 46,650 3,972,714
 
    31,508,978
 
    61,363,692
Industrials - 9.1%    
Aerospace & Defense - 3.9%    
Honeywell International, Inc. 148,050 8,845,988
Precision Castparts Corp. 54,950 8,975,533
 
    17,821,521
Commercial Services & Supplies - 0.8%    
Stericycle, Inc. (I) (L) 39,810 3,603,601
Electrical Equipment - 1.6%    
AMETEK, Inc. 214,010 7,586,655
Machinery - 0.8%    
Eaton Corp. (L) 81,850 3,868,231
Professional Services - 1.0%    
Verisk Analytics, Inc., Class A (I) 92,930 4,424,397
Road & Rail - 1.0%    
Kansas City Southern 59,450 4,505,121
 
    41,809,526
Information Technology - 35.2%    
Communications Equipment - 4.7%    
Cisco Systems, Inc. 199,550 3,809,410

 

153

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Growth Equity Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Communications Equipment (continued)    
F5 Networks, Inc. (I) 47,520 $ 4,975,344
QUALCOMM, Inc. 206,850 12,926,057
 
    21,710,811
Computers & Peripherals - 9.3%    
Apple, Inc. 47,820 31,908,373
EMC Corp. (I) 410,090 11,183,154
 
    43,091,527
Electronic Equipment, Instruments & Components - 0.8%  
Trimble Navigation, Ltd. (I) (L) 74,370 3,544,474
Internet Software & Services - 6.0%    
eBay, Inc. (I) 233,620 11,309,544
Google, Inc., Class A (I) 21,590 16,289,655
 
    27,599,199
IT Services - 5.9%    
Accenture PLC, Class A 133,120 9,322,394
Mastercard, Inc., Class A 15,970 7,210,136
Teradata Corp. (I) 48,310 3,643,057
Visa, Inc., Class A 53,640 7,202,779
 
    27,378,366
Semiconductors & Semiconductor Equipment - 0.8%  
Avago Technologies, Ltd. 104,930 3,658,384
Software - 7.7%    
Autodesk, Inc. (I) 95,940 3,201,518
Citrix Systems, Inc. (I) 66,100 5,061,277
Intuit, Inc. 83,020 4,888,218
Microsoft Corp. 511,660 15,237,235
Red Hat, Inc. (I) 68,930 3,924,874
Salesforce.com, Inc. (I) (L) 20,660 3,154,575
 
    35,467,697
    162,450,458
Materials - 3.7%    
Chemicals - 3.7%    
Ecolab, Inc. 65,370 4,236,630
Monsanto Company 89,700 8,164,494
Praxair, Inc. 45,060 4,680,833
 
    17,081,957
    17,081,957
Telecommunication Services - 1.8%    
Diversified Telecommunication Services - 1.8%    
American Tower Corp. 116,420 8,311,224
TOTAL COMMON STOCKS (Cost $376,163,779) $ 458,320,995
 
SECURITIES LENDING COLLATERAL - 3.2%    
John Hancock Collateral    
Investment Trust, 0.3462% (W) (Y) 1,485,966 14,872,436
TOTAL SECURITIES LENDING    
COLLATERAL (Cost $14,872,241) $ 14,872,436

 

Growth Equity Trust (continued)    
    Shares or    
    Principal    
    Amount   Value
 
 
SHORT-TERM INVESTMENTS - 1.6%        
Repurchase Agreement - 1.6%        
Repurchase Agreement with State Street Corp.      
dated 09/28/2012 at 0.010% to be        
repurchased at $7,093,006 on 10/01/2012,      
collateralized by $6,940,000 U.S. Treasury      
Note, 1.500% due 07/31/2016 (valued at        
$7,237,546 including interest) $ 7,093,000 $ 7,093,000
TOTAL SHORT-TERM INVESTMENTS (Cost $7,093,000) $ 7,093,000
Total Investments (Growth Equity Trust)        
(Cost $398,129,020) - 104.2%     $ 480,286,431
Other assets and liabilities, net - (4.2%)       (19,279,373)
 
TOTAL NET ASSETS - 100.0%     $ 461,007,058
 
 
 
Health Sciences Trust        
    Shares or    
    Principal    
    Amount   Value
 
 
COMMON STOCKS - 97.0%        
Consumer Staples - 0.8%        
Food & Staples Retailing - 0.8%        
CP ALL PCL   283,700 $ 327,200
Raia Drogasil SA   53,876   618,953
Shoppers Drug Mart Corp.   14,600   607,851
 
        1,554,004
Financials - 0.0%        
Insurance - 0.0%        
eHealth, Inc. (I)    3,800 71,326
Health Care - 94.2%        
Biotechnology - 34.9%        
3SBio Inc., ADR (I)   23,700   307,863
Abcam PLC   42,962   278,896
Achillion Pharmaceuticals, Inc. (I)   24,200   251,922
Acorda Therapeutics, Inc. (I)   19,161   490,713
Aegerion Pharmaceuticals, Inc. (I)   41,300   612,066
Affymax, Inc. (I)   25,700   541,242
Alexion Pharmaceuticals, Inc. (I)   128,240   14,670,656
Alkermes PLC (I)   117,900   2,446,425
Allos Therapeutics, Inc. (I)   28,700   0
Alnylam Pharmaceuticals, Inc. (I)   16,600   311,914
AMAG Pharmaceuticals, Inc. (I)   23,500   416,890
Amarin Corp. PLC, ADR (I)   84,700   1,067,220
Amgen, Inc.   30,500   2,571,760
Anacor Pharmaceuticals, Inc. (I)   37,800   248,724
AP Pharma, Inc. (I)   466,500   290,256
Ariad Pharmaceuticals, Inc. (I)    9,100 220,448
Arqule, Inc. (I)   21,600   110,376
AVEO Pharmaceuticals, Inc. (I)    4,800 49,968
Basilea Pharmaceutica (I)    1,123 56,775
Biocon, Ltd.   13,200   68,860
BioCryst Pharmaceuticals, Inc. (I)   20,600   87,344
Biogen Idec, Inc. (I)    8,019 1,196,675
BioMarin Pharmaceutical, Inc. (I)   46,800   1,884,636
BioMimetic Therapeutics, Inc. (I)   10,900   44,799
Celgene Corp. (I)   35,366   2,701,962
ChemoCentryx, Inc. (I)   4,900 56,987
Clovis Oncology, Inc. (I)    7,400 151,330
Cubist Pharmaceuticals, Inc. (I)   40,200   1,916,736
Cytokinetics, Inc. (I)   129,600   107,957
Dendreon Corp. (I)   62,700   302,841

 

154

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Health Sciences Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Biotechnology (continued)    
Dyadic International, Inc. (I) 18,900 $ 32,886
Dynavax Technologies Corp. (I) 23,900 113,764
Exact Sciences Corp. (I) 10,000 110,100
Exelixis, Inc. (I) 132,700 639,614
Gilead Sciences, Inc. (I) 95,696 6,347,516
Grifols SA, ADR (I) 7,700 175,791
Grifols SA, B Shares (I) 4,400 99,579
GTx, Inc. (I) 19,900 91,142
Halozyme Therapeutics, Inc. (I) 13,800 104,328
Idenix Pharmaceuticals, Inc. (I) 151,804 693,744
Immunogen, Inc. (I) 10,300 150,380
Incyte Corp. (I) 197,400 3,563,070
Infinity Pharmaceuticals, Inc. (I) 13,975 329,111
Intercell AG (I) 7,274 17,122
InterMune, Inc. (I) 53,200 477,204
Ironwood Pharmaceuticals, Inc. (I) 11,200 143,136
Isis Pharmaceuticals, Inc. (I) 20,300 285,621
Lexicon Pharmaceuticals, Inc. (I) 22,900 53,128
Medivation, Inc. (I) 48,800 2,750,368
Momenta Pharmaceuticals, Inc. (I) 18,100 263,717
Neurocrine Biosciences, Inc. (I) 88,900 709,422
NPS Pharmaceuticals, Inc. (I) 40,300 372,775
Onyx Pharmaceuticals, Inc. (I) 31,338 2,648,061
Pharmacyclics, Inc. (I) 83,900 5,411,550
Puma Biotechnology, Inc. (I) 28,087 421,305
Regeneron Pharmaceuticals, Inc. (I) 27,100 4,137,086
Rigel Pharmaceuticals, Inc. (I) 36,500 374,125
Savient Pharmaceuticals, Inc. (I) 8,700 21,663
Seattle Genetics, Inc. (I) 19,000 512,050
Sinovac Biotech, Ltd. (I) 30,700 77,364
Swedish Orphan Biovitrum AB (I) 72,564 406,521
Synageva BioPharma Corp. (I) 2,100 112,203
Targacept, Inc. (I) 10,500 51,345
TESARO, Inc. (I)(R) 35,285 477,002
TESARO, Inc. (I) 7,900 112,417
Theravance, Inc. (I) 31,900 826,529
Threshold Pharmaceuticals, Inc. (I) 21,600 156,384
ThromboGenics NV (I) 1,008 40,423
Tranzyme, Inc. (I) 39,700 177,062
United Therapeutics Corp. (I) 5,600 312,928
Vertex Pharmaceuticals, Inc. (I) 20,504 1,147,199
Vical, Inc. (I) 82,700 357,264
YM Biosciences, Inc. (I) 137,400 252,816
 
    69,021,056
Health Care Equipment & Supplies - 13.9%    
ArthroCare Corp. (I) 17,200 557,280
Baxter International, Inc. 47,900 2,886,454
China Kanghui Holdings, Inc., ADR (I) 42,500 1,289,875
Conceptus, Inc. (I) 56,800 1,153,608
Covidien PLC 52,825 3,138,862
Cynosure, Inc., Class A (I) 7,300 192,574
DENTSPLY International, Inc. 74,750 2,850,965
Dynavox, Inc., Class A (I) 19,100 10,085
Edwards Lifesciences Corp. (I) 18,600 1,997,082
Endologix, Inc. (I) 9,000 124,380
EnteroMedics, Inc. (I) 70,050 255,683
GenMark Diagnostics, Inc. (I) 59,800 550,758
HeartWare International, Inc. (I) 13,100 1,237,819
Hill-Rom Holdings, Inc. 12,200 354,532
IDEXX Laboratories, Inc. (I) 18,700 1,857,845
Insulet Corp. (I) 24,300 524,394
Intuitive Surgical, Inc. (I) 1,300 644,319
Meridian Bioscience, Inc. 11,500 220,570
Nobel Biocare Holding AG 6,740 67,579

 

Health Sciences Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Health Care Equipment & Supplies (continued)    
Shandong Weigao Group Medical Polymer    
Company, Ltd., H Shares 304,000 $ 392,761
Sonova Holding AG 1,556 157,442
St. Jude Medical, Inc. 600 25,278
Straumann Holding AG 964 128,420
Stryker Corp. 49,100 2,732,906
The Cooper Companies, Inc. 12,400 1,171,304
Tornier BV (I) 3,900 73,905
Urologix, Inc. (I) 74,100 57,798
Volcano Corp. (I) 29,800 851,386
Wright Medical Group, Inc. (I) 4,500 99,495
Zimmer Holdings, Inc. 29,100 1,967,742
 
    27,573,101
Health Care Providers & Services - 22.5%    
Acadia Healthcare Company, Inc. (I) 22,100 527,085
Aetna, Inc. 26,400 1,045,440
Air Methods Corp. (I) 6,500 775,905
AMERIGROUP Corp. (I) 19,500 1,782,885
AmerisourceBergen Corp. 38,100 1,474,851
Amil Participacoes SA 25,800 309,893
Bangkok Dusit Medical Services PCL 324,300 1,132,627
Bumrungrad Hospital PCL 163,400 435,309
Cardinal Health, Inc. 200 7,794
Catamaran Corp. (I) 95,419 9,348,199
Centene Corp. (I) 29,300 1,096,113
Cigna Corp. 12,000 566,040
Community Health Systems, Inc. (I) 8,400 244,776
DaVita, Inc. (I) 13,395 1,387,856
Diagnosticos da America SA 24,100 145,034
Express Scripts Holding Company (I) 38,345 2,403,081
Fleury SA 29,500 352,880
Fortis Healthcare, Ltd. (I) 103,345 202,239
Fresenius Medical Care AG &    
Company KGaA 10,133 743,720
Fresenius SE & Company KGaA 5,465 635,004
HCA Holdings, Inc. 20,000 665,000
Health Management    
Associates, Inc., Class A (I) 8,300 69,637
Henry Schein, Inc. (I) 25,400 2,013,458
HMS Holdings Corp. (I) 49,800 1,664,814
IHH Healthcare Bhd (I) 64,600 67,633
Laboratory Corp. of America Holdings (I) 2,800 258,916
LCA-Vision, Inc. (I) 44,904 181,412
McKesson Corp. 34,400 2,959,432
MEDNAX, Inc. (I) 16,800 1,250,760
MWI Veterinary Supply, Inc. (I) 6,600 704,088
Odontoprev SA 39,200 219,470
Quest Diagnostics, Inc. 13,800 875,334
Select Medical Holdings Corp. (I) 32,500 364,975
Shanghai Pharmaceuticals Holding    
Company, Ltd., H Shares 204,300 378,766
Sinopharm Group Company, Ltd., H Shares 59,200 189,221
Triple-S Management Corp., Class B (I) 9,000 188,100
UnitedHealth Group, Inc. 78,100 4,327,521
Universal Health Services, Inc., Class B 38,750 1,772,038
WellCare Health Plans, Inc. (I) 24,600 1,391,130
WellPoint, Inc. 6,700 388,667
 
    44,547,103
Health Care Technology - 1.3%    
Allscripts Healthcare Solutions, Inc. (I) 9,500 118,085
athenahealth, Inc. (I) 19,500 1,789,515
Cerner Corp. (I) 8,800 681,208
 
    2,588,808

 

155

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Health Sciences Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Life Sciences Tools & Services - 2.3%    
Agilent Technologies, Inc. 2,500 $ 96,125
BG Medicine, Inc. (I) 11,900 43,792
Bruker Corp. (I) 41,300 540,617
Covance, Inc. (I) 24,700 1,153,243
Illumina, Inc. (I) 5,950 286,790
Mettler-Toledo International, Inc. (I) 2,800 478,072
Thermo Fisher Scientific, Inc. 31,600 1,859,028
 
    4,457,667
Pharmaceuticals - 19.3%    
Abbott Laboratories 19,500 1,336,920
Allergan, Inc. 6,100 558,638
Auxilium Pharmaceuticals, Inc. (I) 25,200 616,392
AVANIR Pharmaceuticals, Inc., Class A (I) 319,500 1,022,400
Bayer AG 8,645 743,832
Bayer AG, ADR 400 34,356
Bristol-Myers Squibb Company 18,200 614,250
Cadence Pharmaceuticals, Inc. (I) 97,600 382,592
China Medical System Holdings, Ltd. 1,292,200 673,742
Depomed, Inc. (I) 19,200 113,472
Elan Corp. PLC, ADR (I) 167,900 1,799,888
Endocyte, Inc. (I) 9,200 91,724
Forest Laboratories, Inc. (I) 24,400 868,884
GlaxoSmithKline Pharmaceuticals, Ltd. 2,458 92,260
Hikma Pharmaceuticals PLC 6,668 78,313
Hospira, Inc. (I) 18,000 590,760
Impax Laboratories, Inc. (I) 25,000 649,000
Jazz Pharmaceuticals PLC (I) 23,400 1,334,034
Lijun International    
Pharmaceutical Holding, Ltd. 168,000 42,665
MAP Pharmaceuticals, Inc. (I) 43,100 671,067
Medicis Pharmaceutical Corp., Class A 15,200 657,704
Merck & Company, Inc. 66,109 2,981,516
Mylan, Inc. (I) 500 12,200
Nektar Therapeutics (I) 15,000 160,200
Newron Pharmaceuticals SpA (I) 6,333 52,061
Novo Nordisk A/S 3,694 583,039
Optimer Pharmaceuticals, Inc. (I) 47,805 675,007
Pacira Pharmaceuticals, Inc. (I) 62,500 1,087,500
Par Pharmaceutical Companies, Inc. (I) 2,000 99,960
Pfizer, Inc. 47,901 1,190,340
Questcor Pharmaceuticals, Inc. (I) 19,100 353,350
Ranbaxy Laboratories, Ltd. (I) 22,047 220,968
Roche Holdings AG 8,779 1,639,965
Salix Pharmaceuticals, Ltd. (I) 9,800 414,932
Sanofi 1,800 153,773
Sawai Pharmaceutical Company, Ltd. 7,400 859,140
Shire PLC 13,471 398,733
Shire PLC, ADR 7,600 674,120
Simcere Pharmaceutical Group, ADR (I) 19,800 174,240
Stada Arzneimittel AG 9,760 284,413
Sun Pharmaceutical Industries, Ltd. 13,480 178,079
Supernus Pharmaceuticals, Inc. (I) 51,000 589,050
Teva Pharmaceutical Industries, Ltd., ADR 20,065 830,892
The Medicines Company (I) 101,155 2,610,811
Towa Pharmaceutical Company, Ltd. 8,300 554,578
UCB SA 21,472 1,181,635
Valeant Pharmaceuticals International, Inc. (I) 97,580 5,393,247
Vectura Group PLC (I) 59,375 82,954
ViroPharma, Inc. (I) 8,600 259,892
Vivus, Inc. (I) 6,900 122,958
Warner Chilcott PLC, Class A 14,100 190,350
Watson Pharmaceuticals, Inc. (I) 2,600 221,416

 

Health Sciences Trust (continued)  
  Shares or   
  Principal   
    Amount Value
 
COMMON STOCKS (continued)      
Pharmaceuticals (continued)      
XenoPort, Inc. (I)   74,800 $ 857,208
 
      38,061,420
 
      186,249,155
Industrials - 0.4%      
Professional Services - 0.4%      
The Advisory Board Company (I)   14,548 695,831
Information Technology - 0.9%      
IT Services - 0.3%      
MAXIMUS, Inc.   10,800 644,976
Software - 0.6%      
Nuance Communications, Inc. (I)   47,900 1,192,231
 
      1,837,207
Materials - 0.7%      
Chemicals - 0.7%      
Monsanto Company   14,100 1,283,382
TOTAL COMMON STOCKS (Cost $139,343,033) $ 191,690,905
 
PREFERRED SECURITIES - 0.1%      
Information Technology - 0.1%      
Castlight Health, Inc. (I)(R)   27,963 168,800
TOTAL PREFERRED SECURITIES (Cost $168,800) $ 168,800
 
CONVERTIBLE BONDS - 0.1%      
Health Care - 0.1%      
HeartWare International, Inc.      
3.500%, 12/15/2017 $ 51,000 $ 62,124
Insulet Corp. 3.750%, 06/15/2016   52,000 57,850
TOTAL CONVERTIBLE BONDS (Cost $101,644) $ 119,974
 
OPTIONS PURCHASED - 0.0%      
Call Options - 0.0%      
Exchange Traded Option on Eli Lilly &      
Company (Expiration Date: 1/19/2013;      
Strike Price: $45.00) (I)   16,900 55,770
TOTAL OPTIONS PURCHASED (Cost $27,148) $ 55,770
 
WARRANTS - 0.0%      
Alexza Pharmaceuticals, Inc. (Expiration Date    
10/05/2016; Strike price $2.77) (I)   1,413 156
Cadence Pharmaceuticals, Inc. (Expiration      
Date 02/18/2014; Strike price $7.84) (I)   10,500 1,614
EnteroMedics, Inc. (Expiration Date      
02/20/2013; Strike price $8.28) (I)   96,200 41
EnteroMedics, Inc. (Expiration Date:      
06/13/2016; Strike Price $2.19) (I)   30,600 48,129
Puma Biotechnology (Expiration date:      
10/04/2021; Strike Price: $0.01) (I)   1 0
EnteroMedics, Inc. (Expiration Date      
09/28/2016; Strike price $1.90) (I)   4,120 7,101
Cytokinetics, Inc. (Expiration Date:      
06/20/2017; Strike Price: $0.88) (I)   77,760 12,677
TOTAL WARRANTS (Cost $15,112)   $ 69,718
 
SHORT-TERM INVESTMENTS - 3.9%      
Money Market Funds - 3.9%      
State Street Institutional U.S. Government      
Money Market Fund, 0.0469% (Y) $ 409,455 $ 409,455

 

156

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Health Sciences Trust (continued)    
    Shares or    
    Principal    
    Amount   Value
 
 
SHORT-TERM INVESTMENTS (continued)      
Money Market Funds (continued)        
T. Rowe Price Reserve Investment        
Fund, 0.1066% (Y) $ 7,380,473 $   7,380,473
TOTAL SHORT-TERM INVESTMENTS (Cost $7,789,928) $ 7,789,928
Total Investments (Health Sciences Trust)        
(Cost $147,445,665) - 101.1%     $ 199,895,095
Other assets and liabilities, net - (1.1%)       (2,202,082)
TOTAL NET ASSETS - 100.0%     $ 197,693,013
 
 
 
Heritage Trust        
    Shares or    
    Principal    
    Amount   Value
 
 
COMMON STOCKS - 98.4%        
Consumer Discretionary - 22.5%        
Auto Components - 0.9%        
BorgWarner, Inc. (I)(L)   17,033 $ 1,177,151
Automobiles - 1.2%        
Harley-Davidson, Inc.   38,800   1,643,956
Hotels, Restaurants & Leisure - 3.6%        
Bally Technologies, Inc. (I)(L)   19,681   972,044
Chipotle Mexican Grill, Inc. (I)    2,038 647,147
Panera Bread Company, Class A (I)    6,338 1,083,101
Penn National Gaming, Inc. (I)   18,453   795,324
Starwood Hotels & Resorts Worldwide, Inc.   25,596   1,483,544
 
        4,981,160
Household Durables - 0.3%        
Toll Brothers, Inc. (I)   12,368   410,989
Internet & Catalog Retail - 2.2%        
Expedia, Inc. (L)   19,295   1,116,023
Netflix, Inc. (I)(L)   11,434   622,467
priceline.com, Inc. (I)    2,007 1,241,791
 
        2,980,281
Media - 0.7%        
Scripps Networks Interactive, Inc., Class A    3,395 207,876
Sirius XM Radio, Inc. (I)   311,331   809,458
 
        1,017,334
Multiline Retail - 1.1%        
Family Dollar Stores, Inc.   22,868   1,516,148
Specialty Retail - 10.3%        
Cabela’s, Inc. (I)   21,431   1,171,847
DSW, Inc., Class A   14,580   972,778
GNC Holdings, Inc., Class A   38,813   1,512,543
Lumber Liquidators Holdings, Inc. (I)    8,251 418,161
O’Reilly Automotive, Inc. (I)    8,292 693,377
PetSmart, Inc.   46,449   3,204,052
Ross Stores, Inc.   23,831   1,539,483
Sally Beauty Holdings, Inc. (I)   25,723   645,390
The Gap, Inc.   31,307   1,120,164
Tractor Supply Company   12,665   1,252,442
Ulta Salon Cosmetics & Fragrance, Inc.   17,236   1,659,913
 
        14,190,150
Textiles, Apparel & Luxury Goods - 2.2%        
Lululemon Athletica, Inc. (I)   12,281   908,057
Michael Kors Holdings, Ltd. (I)   32,816   1,745,155

 

Heritage Trust (continued)    
  Shares or  
  Principal  
  Amount Value
 
COMMON STOCKS (continued)    
Textiles, Apparel & Luxury Goods (continued)    
Under Armour, Inc., Class A (I) 7,417 $ 414,091
 
    3,067,303
 
    30,984,472
Consumer Staples - 10.6%    
Beverages - 1.1%    
Beam, Inc. 12,062 694,047
Monster Beverage Corp. (I) 15,189 822,636
 
    1,516,683
Food & Staples Retailing - 5.2%    
Costco Wholesale Corp. 20,911 2,093,714
Pricesmart, Inc. (L) 10,671 808,008
The Fresh Market, Inc. (I) 17,851 1,070,703
Whole Foods Market, Inc. 33,337 3,247,024
 
    7,219,449
Food Products - 3.1%    
McCormick & Company, Inc., Non-    
Voting Shares 18,982 1,177,643
Mead Johnson Nutrition Company 31,718 2,324,295
The Hain Celestial Group, Inc. (I) 12,368 779,184
 
    4,281,122
Household Products - 1.2%    
Church & Dwight Company, Inc. 30,790 1,662,352
 
    14,679,606
Energy - 5.4%    
Energy Equipment & Services - 2.8%    
Atwood Oceanics, Inc. (I) 16,924 769,196
National Oilwell Varco, Inc. 26,456 2,119,390
Oil States International, Inc. (I) 11,836 940,489
 
    3,829,075
Oil, Gas & Consumable Fuels - 2.6%    
Cabot Oil & Gas Corp. 22,249 998,980
Concho Resources, Inc. (I) 14,883 1,410,164
Linn Energy LLC 28,399 1,171,175
 
    3,580,319
 
    7,409,394
Financials - 5.7%    
Capital Markets - 1.8%    
KKR & Company LP 45,752 691,313
Lazard, Ltd., Class A (L) 26,234 766,820
Raymond James Financial, Inc. 28,126 1,030,818
 
    2,488,951
Commercial Banks - 1.0%    
East West Bancorp, Inc. 35,184 743,086
SVB Financial Group (I) 11,804 713,670
 
    1,456,756
Consumer Finance - 1.5%    
Discover Financial Services 52,407 2,082,130
Real Estate Investment Trusts - 0.8%    
Digital Realty Trust, Inc. 15,654 1,093,432
Real Estate Management & Development - 0.6%    
CBRE Group, Inc., Class A (I) 42,321 779,130
 
    7,900,399
Health Care - 15.3%    
Biotechnology - 5.0%    
Alexion Pharmaceuticals, Inc. (I) 27,855 3,186,612

 

157

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Heritage Trust (continued)    
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Biotechnology (continued)    
Grifols SA (I) 53,461 $ 1,767,575
Onyx Pharmaceuticals, Inc. (I) 8,231 695,520
Regeneron Pharmaceuticals, Inc. (I) 8,036 1,226,776
 
    6,876,483
Health Care Equipment & Supplies - 2.2%    
IDEXX Laboratories, Inc. (I) 14,671 1,457,564
Intuitive Surgical, Inc. (I) 1,227 608,138
The Cooper Companies, Inc. 10,384 980,873
 
    3,046,575
Health Care Providers & Services - 4.1%    
Catamaran Corp. (I) 43,443 4,256,111
Express Scripts Holding Company (I) 21,882 1,371,345
 
    5,627,456
Health Care Technology - 1.3%    
Cerner Corp. (I)(L) 22,646 1,753,027
Pharmaceuticals - 2.7%    
Perrigo Company (L) 18,897 2,195,264
Watson Pharmaceuticals, Inc. (I) 18,486 1,574,268
 
    3,769,532
    21,073,073
Industrials - 13.7%    
Aerospace & Defense - 2.9%    
B/E Aerospace, Inc. (I) 17,246 726,057
Spirit Aerosystems Holdings, Inc., Class A (I) 31,364 696,594
TransDigm Group, Inc. (I)(L) 12,673 1,797,918
Triumph Group, Inc. 12,950 809,764
 
    4,030,333
Building Products - 0.8%    
Fortune Brands Home & Security, Inc. (I) 38,332 1,035,347
Commercial Services & Supplies - 2.1%    
Cintas Corp. 20,573 852,751
Clean Harbors, Inc. (I)(L) 15,040 734,704
Stericycle, Inc. (I)(L) 14,811 1,340,692
 
    2,928,147
Construction & Engineering - 1.6%    
Chicago Bridge & Iron Company NV (L) 23,575 897,972
Quanta Services, Inc. (I) 53,026 1,309,742
 
    2,207,714
Machinery - 2.9%    
Chart Industries, Inc. (I)(L) 12,064 890,926
Flowserve Corp. 8,613 1,100,225
Trinity Industries, Inc. 32,694 979,839
Valmont Industries, Inc. 7,369 969,023
 
    3,940,013
Professional Services - 0.5%    
IHS, Inc., Class A (I) 7,061 687,388
Road & Rail - 2.1%    
Kansas City Southern 38,238 2,897,676
Trading Companies & Distributors - 0.8%    
United Rentals, Inc. (I)(L) 34,398 1,125,158
 
    18,851,776
Information Technology - 18.5%    
Communications Equipment - 0.9%    
F5 Networks, Inc. (I) 8,805 921,884
Palo Alto Networks, Inc. (I)(L) 5,876 361,785
 
    1,283,669

 

Heritage Trust (continued)    
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Computers & Peripherals - 1.8%    
Apple, Inc. 3,816 $ 2,546,264
Electronic Equipment, Instruments & Components - 1.8%  
Jabil Circuit, Inc. 48,720 912,038
Trimble Navigation, Ltd. (I) 33,941 1,617,628
 
    2,529,666
Internet Software & Services - 2.4%    
Baidu, Inc., ADR (I) 4,778 558,166
Equinix, Inc. (I) 694 142,999
LinkedIn Corp., Class A (I) 10,361 1,247,464
Rackspace Hosting, Inc. (I)(L) 19,581 1,294,108
 
    3,242,737
IT Services - 4.3%    
Alliance Data Systems Corp. (I) 26,705 3,790,775
Teradata Corp. (I) 28,120 2,120,529
 
    5,911,304
Semiconductors & Semiconductor Equipment - 2.4%  
Avago Technologies, Ltd. 22,449 782,684
NXP Semiconductor NV (I) 34,117 853,266
Xilinx, Inc. (L) 51,451 1,718,978
 
    3,354,928
Software - 4.9%    
Check Point Software Technologies, Ltd. (I) 14,490 697,838
Citrix Systems, Inc. (I) 14,286 1,093,879
CommVault Systems, Inc. (I) 12,286 721,188
NetSuite, Inc. (I) 26,889 1,715,518
Nuance Communications, Inc. (I) 40,060 997,093
Salesforce.com, Inc. (I) 4,649 709,856
Sourcefire, Inc. (I)(L) 5,322 260,938
Splunk, Inc. (I) 13,662 501,669
 
    6,697,979
 
    25,566,547
Materials - 4.2%    
Chemicals - 3.1%    
Airgas, Inc. 15,898 1,308,405
Albemarle Corp. 15,466 814,749
American Vanguard Corp. 5,429 188,929
FMC Corp. 36,639 2,029,068
 
    4,341,151
Metals & Mining - 1.1%    
Carpenter Technology Corp. 29,180 1,526,698
 
    5,867,849
Telecommunication Services - 2.5%    
Diversified Telecommunication Services - 0.8%    
tw telecom, Inc. (I) 42,219 1,100,649
Wireless Telecommunication Services - 1.7%    
SBA Communications Corp., Class A (I)(L) 36,519 2,297,045
 
    3,397,694
TOTAL COMMON STOCKS (Cost $109,746,775) $ 135,730,810
 
SECURITIES LENDING COLLATERAL - 11.2%  
John Hancock Collateral    
Investment Trust, 0.3462% (W)(Y) 1,543,125 15,444,522
TOTAL SECURITIES LENDING    
COLLATERAL (Cost $15,444,303) $ 15,444,522

 

158

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Heritage Trust (continued)      
    Shares or    
    Principal    
    Amount   Value
 
 
SHORT-TERM INVESTMENTS - 1.9%        
Money Market Funds - 1.9%        
State Street Institutional U.S. Government        
Money Market Fund, 0.0469% (Y)   2,567,823   2,567,823
TOTAL SHORT-TERM INVESTMENTS (Cost $2,567,823) $ 2,567,823
Total Investments (Heritage Trust)        
(Cost $127,758,901) - 111.5%     $ 153,743,155
Other assets and liabilities, net - (11.5%)       (15,876,508)
TOTAL NET ASSETS - 100.0%     $ 137,866,647
 
 
 
High Yield Trust        
    Shares or    
    Principal    
    Amount   Value
 
 
FOREIGN GOVERNMENT        
OBLIGATIONS - 2.8%        
Argentina - 1.0%        
Republic of Argentina        
7.000%, 10/03/2015 $ 1,181,000   1,080,615
7.820%, 12/31/2033 (P) EUR 178,667   149,238
8.750%, 06/02/2017 $ 1,176,830   1,147,409
12/15/2035 (I) EUR 1,880,851   290,038
 
        2,667,300
Brazil - 0.6%        
Federative Republic of Brazil        
10.000%, 01/01/2014 to 01/01/2021 BRL 2,904,000   1,510,679
 
        1,510,679
Indonesia - 0.3%        
Republic of Indonesia        
10.250%, 07/15/2022 IDR 4,912,000,000   668,322
Mexico - 0.3%        
Government of Mexico        
6.500%, 06/09/2022 MXN 10,860,000   917,544
Venezuela - 0.6%        
Republic of Venezuela        
Zero Coupon 04/15/2020 (Z) $ 346,000   102,935
5.750%, 02/26/2016   1,621,000   1,477,136
 
        1,580,071
TOTAL FOREIGN GOVERNMENT        
OBLIGATIONS (Cost $7,346,607)     $ 7,343,916
 
CORPORATE BONDS - 83.6%        
Consumer Discretionary - 17.1%        
Affinity Gaming LLC        
9.000%, 05/15/2018 (S)   610,000   632,875
American Axle & Manufacturing, Inc.        
6.625%, 10/15/2022   240,000   242,400
American Greetings Corp.        
7.375%, 12/01/2021   40,000   41,200
Bankrate, Inc.        
11.750%, 07/15/2015   1,823,000   2,041,760
Bon-Ton Department Stores, Inc.        
10.625%, 07/15/2017 (S)   360,000   324,900
Bossier Casino Venture Holdco, Inc., PIK        
14.000%, 02/09/2018 (S)   632,553   542,617
Boyd Gaming Corp.        
9.000%, 07/01/2020 (S)   960,000   979,200
9.125%, 12/01/2018   140,000   147,000

 

High Yield Trust (continued)    
    Shares or  
    Principal  
    Amount Value
 
 
CORPORATE BONDS (continued)      
Consumer Discretionary (continued)      
Caesars Entertainment Operating      
Company, Inc.      
11.250%, 06/01/2017 $ 1,000,000 $ 1,075,000
Carmike Cinemas, Inc.      
7.375%, 05/15/2019   250,000 268,750
Carrols Restaurant Group, Inc.      
11.250%, 05/15/2018 (S)   680,000 741,200
CCM Merger, Inc.      
9.125%, 05/01/2019 (S)   710,000 718,875
CCO Holdings LLC      
5.250%, 09/30/2022   810,000 814,050
6.500%, 04/30/2021   350,000 374,500
8.125%, 04/30/2020   340,000 384,200
Cengage Learning Acquisitions, Inc.      
11.500%, 04/15/2020 (S)   1,390,000 1,487,300
Chrysler Group LLC      
8.000%, 06/15/2019   200,000 212,000
8.250%, 06/15/2021   1,420,000 1,512,300
Clear Channel Worldwide Holdings, Inc.      
7.625%, 03/15/2020   540,000 525,450
Continental Rubber of America Corp.      
4.500%, 09/15/2019 (S)   1,150,000 1,174,042
CSC Holdings LLC      
6.750%, 11/15/2021 (S)   490,000 540,225
DISH DBS Corp.      
6.750%, 06/01/2021   10,000 10,900
Downstream Development Authority of      
the Quapaw Tribe of Oklahoma      
10.500%, 07/01/2019 (S)   640,000 689,600
Edcon Pty, Ltd.      
9.500%, 03/01/2018 (S)   1,110,000 1,065,600
Empire Today LLC      
11.375%, 02/01/2017 (S)   370,000 391,275
Entercom Radio LLC      
10.500%, 12/01/2019   180,000 196,200
Fontainebleau Las Vegas Holdings LLC      
10.250%, 06/15/2015 (H)(S)   3,620,000 2,263
General Motors Financial Company, Inc.      
6.750%, 06/01/2018   630,000 701,274
Good Sam Enterprises LLC      
11.500%, 12/01/2016   740,000 784,400
Gymboree Corp.      
9.125%, 12/01/2018   1,120,000 1,065,400
Harrah’s Operating Company, Inc.      
10.000%, 12/15/2015   130,000 113,425
10.750%, 02/01/2016   560,000 446,600
HOA Restaurant Group LLC      
11.250%, 04/01/2017 (S)   720,000 657,000
Landry’s, Inc.      
9.375%, 05/01/2020 (S)   630,000 664,650
LBI Media, Inc.      
9.250%, 04/15/2019 (S)   780,000 733,200
Mastro’s Restaurants LLC      
12.000%, 06/01/2017 (S)   600,000 624,000
MGM Resorts International      
10.375%, 05/15/2014   420,000 472,500
Mohegan Tribal Gaming Authority      
10.500%, 12/15/2016 (S)   2,600,000 2,366,000
Monitronics International, Inc.      
9.125%, 04/01/2020   1,350,000 1,404,000
Mood Media Corp.      
10.000%, 10/31/2015 CAD 28,000 29,669
Nara Cable Funding, Ltd.      
8.875%, 12/01/2018 (S) $ 1,150,000 1,049,375

 

159

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

High Yield Trust (continued)    
    Shares or  
    Principal  
    Amount Value
 
 
CORPORATE BONDS (continued)      
Consumer Discretionary (continued)      
NCL Corp., Ltd.      
9.500%, 11/15/2018 $ 2,000,000 $ 2,215,000
11.750%, 11/15/2016   900,000 1,037,250
NetFlix, Inc.      
8.500%, 11/15/2017   672,000 715,680
Nielsen Finance LLC      
4.500%, 10/01/2020 (S)   850,000 843,625
Ono Finance II PLC      
10.875%, 07/15/2019 (S)   840,000 714,000
PH Holdings LLC      
9.750%, 12/31/2017   510,000 499,800
Pharmaceutical Product Development, Inc.      
9.500%, 12/01/2019 (S)   270,000 303,075
Pinnacle Entertainment, Inc.      
8.750%, 05/15/2020   10,000 11,038
Quiksilver, Inc.      
6.875%, 04/15/2015   910,000 905,450
Rivers Pittsburgh Borrower LP      
9.500%, 06/15/2019 (S)   180,000 191,250
Service Corp. International      
7.500%, 04/01/2027   350,000 371,000
Seven Seas Cruises S de RL LLC      
9.125%, 05/15/2019   990,000 1,029,600
Simmons Foods, Inc.      
10.500%, 11/01/2017 (S)   1,260,000 1,086,750
Snoqualmie Entertainment Authority      
4.476%, 02/01/2014 (P)(S)   240,000 237,600
Sotheby’s      
5.250%, 10/01/2022 (S)   710,000 722,425
7.750%, 06/15/2015   790,000 869,988
Spencer Spirit Holdings, Inc.      
11.000%, 05/01/2017 (S)   600,000 642,000
Station Casinos, Inc.      
6.500%, 02/01/2014 (H)   2,340,000 0
6.625%, 03/15/2018 (H)   2,257,000 0
Stewart Enterprises, Inc.      
6.500%, 04/15/2019   220,000 236,500
The Bon-Ton Department Stores, Inc.      
10.250%, 03/15/2014   130,000 124,800
The Neiman Marcus Group, Inc.      
7.125%, 06/01/2028   604,000 591,920
The Ryland Group, Inc.      
5.375%, 10/01/2022   280,000 280,000
The ServiceMaster Company      
8.000%, 02/15/2020   640,000 678,400
Univision Communications, Inc.      
6.750%, 09/15/2022 (S)   660,000 660,000
6.875%, 05/15/2019 (S)   1,480,000 1,524,400
Virgin Media Finance PLC      
9.500%, 08/15/2016   265,000 293,488
Wok Acquisition Corp.      
10.250%, 06/30/2020 (S)   280,000 296,100
 
      45,328,314
Consumer Staples - 3.7%      
Alliance One International, Inc.      
10.000%, 07/15/2016   1,240,000 1,283,400
Constellation Brands, Inc.      
4.625%, 03/01/2023   330,000 336,600
DJO Finance LLC      
10.875%, 11/15/2014   360,000 372,600
Harmony Foods Corp.      
10.000%, 05/01/2016 (S)   330,000 346,500
Hypermarcas SA      
6.500%, 04/20/2021 (S)   1,350,000 1,415,205

 

High Yield Trust (continued)    
    Shares or  
    Principal  
    Amount Value
 
 
CORPORATE BONDS (continued)      
Consumer Staples (continued)      
NES Rentals Holdings, Inc.      
12.250%, 04/15/2015 (S) $ 780,000 $ 783,900
New Albertsons, Inc.      
7.250%, 05/01/2013   110,000 111,650
Post Holdings, Inc.      
7.375%, 02/15/2022 (S)   780,000 828,750
Prestige Brands, Inc.      
8.125%, 02/01/2020   10,000 11,150
Reynolds Group Issuer, Inc.      
9.000%, 04/15/2019   260,000 265,200
9.875%, 08/15/2019   1,710,000 1,819,013
Viskase Companies, Inc.      
9.875%, 01/15/2018 (S)   2,190,000 2,266,650
 
      9,840,618
Energy - 19.7%      
Access Midstream Partners LP      
6.125%, 07/15/2022   800,000 846,000
Adaro Indonesia PT      
7.625%, 10/22/2019 (S)   730,000 803,000
Arch Coal, Inc.      
7.000%, 06/15/2019   470,000 394,800
8.750%, 08/01/2016   520,000 509,600
Atlas Pipeline Partners LP      
6.625%, 10/01/2020 (S)   260,000 264,550
Atwood Oceanics, Inc.      
6.500%, 02/01/2020   450,000 481,500
Berry Petroleum Company      
6.375%, 09/15/2022   210,000 221,550
Calumet Specialty Products Partners LP      
9.375%, 05/01/2019   700,000 752,500
9.625%, 08/01/2020 (S)   380,000 409,450
Carrizo Oil & Gas, Inc.      
7.500%, 09/15/2020   390,000 398,775
Chesapeake Energy Corp.      
9.500%, 02/15/2015   20,000 22,025
Chesapeake Oilfield Operating LLC      
6.625%, 11/15/2019 (S)   700,000 672,000
Cie Generale de Geophysique-Veritas      
6.500%, 06/01/2021   200,000 206,000
9.500%, 05/15/2016   490,000 529,200
Coffeyville Resources LLC      
9.000%, 04/01/2015 (S)   540,000 576,450
Comstock Resources, Inc.      
9.500%, 06/15/2020   540,000 580,500
Concho Resources, Inc.      
5.500%, 10/01/2022   540,000 562,950
7.000%, 01/15/2021   200,000 224,000
CONSOL Energy, Inc.      
8.250%, 04/01/2020   890,000 932,275
Continental Resources, Inc.      
5.000%, 09/15/2022   150,000 156,375
5.000%, 09/15/2022 (S)   1,000,000 1,045,000
Corral Petroleum Holdings AB, PIK      
15.000%, 12/31/2017 (S)   1,538,628 1,230,126
Crosstex Energy LP      
7.125%, 06/01/2022 (S)   330,000 328,350
8.875%, 02/15/2018   750,000 802,500
Encore Acquisition Company      
9.500%, 05/01/2016   1,000,000 1,085,000
Energy Future Intermediate      
Holding Company LLC      
6.875%, 08/15/2017 (S)   1,160,000 1,200,600
10.000%, 12/01/2020   893,000 1,004,625
11.750%, 03/01/2022 (S)   3,020,000 3,208,746

 

160

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

High Yield Trust (continued)    
    Shares or  
    Principal  
    Amount Value
 
 
CORPORATE BONDS (continued)      
Energy (continued)      
Energy Transfer Equity LP      
7.500%, 10/15/2020 $ 435,000 $ 493,725
Enterprise Products Operating LLC      
(7.034% to 01/15/2018, then higher of      
7.034% or 3 month LIBOR + 2.680%)      
01/15/2068   1,205,000 1,349,600
EP Energy LLC      
7.750%, 09/01/2022 (S)   510,000 520,200
EXCO Resources, Inc.      
7.500%, 09/15/2018   1,100,000 1,028,500
First Wind Capital LLC      
10.250%, 06/01/2018 (S)   950,000 969,000
Gulfmark Offshore, Inc.      
6.375%, 03/15/2022 (S)   330,000 342,375
Halcon Resources Corp.      
9.750%, 07/15/2020 (S)   760,000 777,100
Hercules Offshore, Inc.      
7.125%, 04/01/2017 (S)   70,000 72,800
10.500%, 10/15/2017 (S)   2,065,000 2,175,994
Hiland Partners LP      
7.250%, 10/01/2020 (S)   280,000 291,200
Key Energy Services, Inc.      
6.750%, 03/01/2021 (S)   200,000 202,000
6.750%, 03/01/2021   580,000 588,700
Kodiak Oil & Gas Corp.      
8.125%, 12/01/2019 (S)   950,000 1,007,000
Magnum Hunter Resources Corp.      
9.750%, 05/15/2020 (S)   280,000 285,600
MarkWest Energy Partners LP      
6.250%, 06/15/2022   30,000 32,250
6.500%, 08/15/2021   810,000 868,725
6.750%, 11/01/2020   440,000 476,300
MEG Energy Corp.      
6.375%, 01/30/2023 (S)   1,020,000 1,088,850
6.500%, 03/15/2021 (S)   450,000 481,500
Midstates Petroleum Company, Inc.      
10.750%, 10/01/2020 (S)   530,000 552,525
Milagro Oil & Gas, Inc.      
10.500%, 05/15/2016   810,000 575,100
Offshore Group Investments, Ltd.      
11.500%, 08/01/2015   790,000 872,950
Oil States International, Inc.      
6.500%, 06/01/2019   560,000 595,000
Overseas Shipholding Group, Inc.      
8.125%, 03/30/2018   1,560,000 1,037,400
Pan American Energy LLC      
7.875%, 05/07/2021   1,139,000 1,042,185
Parker Drilling Company      
9.125%, 04/01/2018   630,000 678,825
Peabody Energy Corp.      
6.500%, 09/15/2020   500,000 511,250
7.875%, 11/01/2026   350,000 372,750
Petrobras International Finance Company      
6.750%, 01/27/2041   80,000 99,403
Petroleum Geo-Services ASA      
7.375%, 12/15/2018 (S)   360,000 384,300
Pioneer Energy Services Corp.      
9.875%, 03/15/2018   110,000 119,625
Plains Exploration & Production Company      
6.125%, 06/15/2019   320,000 322,400
6.750%, 02/01/2022   680,000 690,200
8.625%, 10/15/2019   280,000 312,200
QEP Resources, Inc.      
5.250%, 05/01/2023   70,000 71,400
5.375%, 10/01/2022   400,000 414,000

 

High Yield Trust (continued)    
    Shares or  
    Principal  
    Amount Value
 
 
CORPORATE BONDS (continued)      
Energy (continued)      
Quicksilver Resources, Inc.      
11.750%, 01/01/2016 $ 2,100,000 $ 2,121,000
Range Resources Corp.      
5.000%, 08/15/2022   380,000 400,900
5.750%, 06/01/2021   140,000 150,500
Regency Energy Partners LP      
5.500%, 04/15/2023   540,000 546,075
6.875%, 12/01/2018   90,000 96,075
Samson Investment Company      
9.750%, 02/15/2020 (S)   1,600,000 1,648,000
SandRidge Energy, Inc.      
7.500%, 03/15/2021   270,000 278,100
7.500%, 02/15/2023 (S)   480,000 494,400
SESI LLC      
7.125%, 12/15/2021   740,000 817,700
SM Energy Company      
6.500%, 01/01/2023 (S)   1,180,000 1,239,000
Targa Resources Partners LP      
6.375%, 08/01/2022 (S)   530,000 561,800
Teekay Corp.      
8.500%, 01/15/2020   1,110,000 1,165,500
Tesoro Logistics LP      
5.875%, 10/01/2020 (S)   500,000 511,250
Westmoreland Coal Company      
10.750%, 02/01/2018   500,000 485,000
Xinergy Corp.      
9.250%, 05/15/2019 (S)   1,110,000 721,500
 
      52,388,179
Financials - 6.5%      
Ally Financial, Inc.      
4.625%, 06/26/2015   550,000 564,023
5.500%, 02/15/2017   220,000 230,007
Ashton Woods USA LLC      
11.000%, 06/30/2015 (S)   583,400 557,147
Bank of America Corp.      
6.500%, 08/01/2016   340,000 393,281
Barclays Bank PLC      
10.179%, 06/12/2021 (S)   880,000 1,143,234
Boyd Acquisition Sub LLC      
8.375%, 02/15/2018 (S)   240,000 249,600
CIT Group, Inc.      
4.250%, 08/15/2017   1,220,000 1,266,416
5.500%, 02/15/2019 (S)   40,000 43,300
Credit Agricole SA (8.375% to      
10/13/2019, then 3 month      
LIBOR + 6.982%)      
10/29/2049 (Q)(S)   460,000 447,350
GMAC International Finance BV      
7.500%, 04/21/2015 EUR 530,000 733,860
ICICI Bank, Ltd. (6.375% to 04/30/2017,      
then 6 month LIBOR + 2.280%)      
04/30/2022 $ 177,000 177,000
International Lease Finance Corp.      
5.875%, 08/15/2022   1,300,000 1,343,265
8.250%, 12/15/2020   1,260,000 1,499,400
8.625%, 01/15/2022   1,000,000 1,207,500
Intesa Sanpaolo SpA      
3.625%, 08/12/2015 (S)   1,180,000 1,156,400
Legend Acquisition Sub, Inc.      
10.750%, 08/15/2020 (S)   270,000 264,600
Liberty Mutual Group, Inc.      
7.800%, 03/15/2037 (S)   430,000 466,550
Nationstar Mortgage LLC      
7.875%, 10/01/2020 (S)   750,000 763,125

 

161

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

High Yield Trust (continued)    
    Shares or  
    Principal  
    Amount Value
 
 
CORPORATE BONDS (continued)      
Financials (continued)      
Omega Healthcare Investors. Inc.      
5.875%, 03/15/2024 $ 370,000 $ 397,750
Rabobank Nederland NV (11.000% to      
06/30/2019, then 3 month      
LIBOR + 10.868%)      
06/30/2019 (Q)(S)   1,070,000 1,405,713
Royal Bank of Scotland Group PLC      
5.000%, 10/01/2014   210,000 216,279
Societe Generale SA (3 month      
LIBOR + 0.750% to 04/05/2017, then      
3 month LIBOR + 1.750%)      
12/29/2049 (Q)(S)   930,000 507,343
SPL Logistics Escrow LLC      
8.875%, 08/01/2020 (S)   480,000 513,600
Taylor Morrison Communities, Inc.      
7.750%, 04/15/2020 (S)   1,000,000 1,065,000
The Royal Bank of Scotland Group PLC      
(7.648% to 09/30/2031, then 3 month      
LIBOR + 2.500%)      
09/30/2031 (Q)   720,000 698,400
 
      17,310,143
Health Care - 4.1%      
Acadia Healthcare Company, Inc.      
12.875%, 11/01/2018   600,000 703,500
American Renal Holdings Company, Inc.      
8.375%, 05/15/2018   230,000 242,650
AMERIGROUP Corp.      
7.500%, 11/15/2019   350,000 408,844
Community Health Systems, Inc.      
5.125%, 08/15/2018   520,000 539,500
7.125%, 07/15/2020   770,000 821,494
CRC Health Corp.      
10.750%, 02/01/2016   1,780,000 1,655,400
DJO Finance LLC      
9.875%, 04/15/2018 (S)   410,000 405,900
Elan Finance PLC      
6.250%, 10/15/2019 (S)   500,000 503,750
ExamWorks Group, Inc.      
9.000%, 07/15/2019   470,000 488,800
Fresenius Medical Care      
US Finance II, Inc.      
5.875%, 01/31/2022 (S)   260,000 278,200
Fresenius Medical Care US Finance, Inc.      
6.500%, 09/15/2018 (S)   400,000 451,000
HCA, Inc.      
5.875%, 03/15/2022   410,000 444,338
7.250%, 09/15/2020   310,000 347,200
8.500%, 04/15/2019   490,000 552,475
Hologic, Inc.      
6.250%, 08/01/2020 (S)   350,000 371,000
INC Research LLC      
11.500%, 07/15/2019 (S)   350,000 351,750
Physiotherapy Associates Holdings, Inc.      
11.875%, 05/01/2019 (S)   210,000 215,250
Tenet Healthcare Corp.      
6.250%, 11/01/2018   760,000 837,900
10.000%, 05/01/2018   230,000 265,650
Valeant Pharmaceuticals International      
6.375%, 10/15/2020 (S)   510,000 520,200
Vanguard Health Holding      
Company II LLC      
8.000%, 02/01/2018   210,000 224,175

 

High Yield Trust (continued)    
    Shares or  
    Principal  
    Amount Value
 
 
CORPORATE BONDS (continued)      
Health Care (continued)      
VPI Escrow Corp.      
6.375%, 10/15/2020 (S) $ 280,000 $ 285,600
 
      10,914,576
Industrials - 11.3%      
Aguila 3 SA      
7.875%, 01/31/2018 (S)   390,000 409,500
American Airlines 2011-1 Class B Pass      
Through Trust      
7.000%, 01/31/2018 (S)   393,689 402,054
American Reprographics Company      
10.500%, 12/15/2016   1,020,000 1,071,000
Ardagh Packaging Finance PLC      
7.375%, 10/15/2017 (S) EUR 290,000 395,956
9.125%, 10/15/2020 (S) $ 1,190,000 1,260,300
Ashtead Capital, Inc.      
6.500%, 07/15/2022 (S)   670,000 703,500
Belden, Inc.      
5.500%, 09/01/2022 (S)   580,000 593,050
Beverage Packaging Holdings      
Luxembourg II SA      
9.500%, 06/15/2017 (S) EUR 1,180,000 1,520,150
CMA CGM SA      
8.500%, 04/15/2017 (S) $ 1,480,000 1,028,600
Continental Airlines 2001-1 Class B Pass      
Through Trust      
7.373%, 12/15/2015   199,443 213,664
Continental Airlines 2007-1 Class B Pass      
Through Trust      
6.903%, 04/19/2022   124,009 130,519
Continental Airlines 2007-1 Class C Pass      
Through Trust      
7.339%, 04/19/2014   977,147 1,016,233
Continental Airlines 2012-2 Class B Pass      
Thru Certificates      
5.500%, 10/29/2020   80,000 81,800
Delta Air Lines 2007-1 Class A Pass      
Through Trust      
6.821%, 08/10/2022   723,889 799,897
Delta Air Lines 2009-1 Series B Pass      
Through Trust      
9.750%, 12/17/2016   533,425 589,434
Delta Air Lines 2012-1 Class B Pass      
Through Trust      
6.875%, 05/07/2019 (S)   490,000 509,600
Delta Air Lines, Inc.      
9.500%, 09/15/2014 (S)   120,000 126,000
Dematic SA      
8.750%, 05/01/2016 (S)   1,330,000 1,423,100
Ducommun, Inc.      
9.750%, 07/15/2018   480,000 506,400
Florida East Coast Holdings Corp., PIK      
10.500%, 08/01/2017   1,922,519 1,720,655
General Cable Corp.      
5.750%, 10/01/2022 (S)   350,000 355,250
H&E Equipment Services, Inc.      
7.000%, 09/01/2022 (S)   690,000 717,600
Hapag-Lloyd AG      
9.750%, 10/15/2017 (S)   910,000 891,800
Hertz Holdings Netherlands BV      
8.500%, 07/31/2015 (S) EUR 360,000 497,314
Horizon Lines LLC      
11.000%, 10/15/2016 (S) $ 473,000 468,270
Horizon Lines LLC, PIK      
13.000%, 10/15/2016 (S)   679,875 645,881

 

162

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

High Yield Trust (continued)    
    Shares or  
    Principal  
    Amount Value
 
 
CORPORATE BONDS (continued)      
Industrials (continued)      
International Wire Group Holdings, Inc.      
8.500%, 10/15/2017 (S) $ 530,000 $ 531,325
JM Huber Corp.      
9.875%, 11/01/2019 (S)   410,000 460,225
Kansas City Southern de Mexico SA      
de CV      
8.000%, 02/01/2018   90,000 100,350
Kloeckner Pentaplast GmbH & Company      
11.625%, 07/15/2017 (S) EUR 220,000 295,430
Kratos Defense & Security Solutions, Inc.      
10.000%, 06/01/2017 $ 1,360,000 1,468,800
Navios Maritime Acquisition Corp.      
8.625%, 11/01/2017   1,170,000 1,114,425
Rearden G Holdings EINS GmbH      
7.875%, 03/30/2020 (S)   932,000 1,027,530
ServiceMaster Company      
7.000%, 08/15/2020 (S)   330,000 338,250
syncreon Global Ireland, Ltd.      
9.500%, 05/01/2018 (S)   1,560,000 1,626,300
TransUnion Holding Company, Inc., PIK      
9.625%, 06/15/2018 (S)   690,000 752,100
Triumph Group, Inc.      
8.625%, 07/15/2018   450,000 507,375
UR Merger Sub Corp.      
7.625%, 04/15/2022 (S)   1,462,000 1,600,890
10.875%, 06/15/2016   290,000 322,625
Wyle Services Corp.      
10.500%, 04/01/2018 (S)   1,585,000 1,715,763
 
      29,938,915
Information Technology - 1.7%      
Advanced Micro Devices, Inc.      
7.500%, 08/15/2022 (S)   160,000 154,400
First Data Corp.      
6.750%, 11/01/2020 (S)   680,000 675,750
8.250%, 01/15/2021 (S)   540,000 538,650
9.875%, 09/24/2015   100,000 102,000
11.250%, 03/31/2016   660,000 640,200
12.625%, 01/15/2021   120,000 124,350
First Data Corp., PIK      
10.550%, 09/24/2015   571,837 585,418
NCR Corp.      
5.000%, 07/15/2022 (S)   220,000 222,200
NXP BV      
9.750%, 08/01/2018 (S)   870,000 1,000,500
Zayo Group LLC      
8.125%, 01/01/2020   480,000 524,400
 
      4,567,868
Materials - 7.7%      
Appleton Papers, Inc.      
10.500%, 06/15/2015 (S)   750,000 796,875
11.250%, 12/15/2015   1,375,000 1,375,000
Ardagh Packaging Finance PLC      
7.375%, 10/15/2017 (S)   240,000 257,100
Building Materials Corp. of America      
6.750%, 05/01/2021 (S)   870,000 952,650
6.875%, 08/15/2018 (S)   220,000 235,950
7.000%, 02/15/2020 (S)   80,000 86,800
Cemex SAB de CV 9.000%, 01/11/2018   200,000 200,000
Evraz Group SA      
6.750%, 04/27/2018 (S)   1,200,000 1,191,000
9.500%, 04/24/2018   100,000 112,517
Fibria Overseas Finance, Ltd.      
6.750%, 03/03/2021 (S)   210,000 224,175

 

High Yield Trust (continued)    
    Shares or  
    Principal  
    Amount Value
 
 
CORPORATE BONDS (continued)      
Materials (continued)      
FMG Resources August 2006 Pty, Ltd.      
6.000%, 04/01/2017 (S) $ 390,000 $ 362,700
6.375%, 02/01/2016 (S)   160,000 155,600
6.875%, 02/01/2018 (S)   760,000 706,800
7.000%, 11/01/2015 (S)   200,000 199,000
8.250%, 11/01/2019 (S)   1,060,000 1,028,200
Global Brass and Copper, Inc.      
9.500%, 06/01/2019 (S)   570,000 618,450
Kerling PLC 10.625%, 02/01/2017 (S) EUR 553,000 673,324
LyondellBasell Industries NV      
6.000%, 11/15/2021 $ 1,280,000 1,459,200
Midwest Vanadium Pty, Ltd.      
11.500%, 02/15/2018 (S)   2,340,000 1,427,400
Mirabela Nickel, Ltd.      
8.750%, 04/15/2018 (S)   450,000 337,500
Molycorp, Inc. 10.000%, 06/01/2020 (S)   760,000 752,400
Nufarm Australia, Ltd.      
6.375%, 10/15/2019 (S)   260,000 260,000
Ryerson Holding Corp. Zero      
Coupon 02/01/2015 (Z)   1,270,000 901,700
Ryerson, Inc.      
9.000%, 10/15/2017 (S)   1,030,000 1,053,175
11.250%, 10/15/2018 (S)   510,000 511,275
Sappi Papier Holding GmbH      
6.625%, 04/15/2021 (S)   90,000 86,400
8.375%, 06/15/2019 (S)   1,040,000 1,112,800
Steel Dynamics, Inc.      
6.125%, 08/15/2019 (S)   340,000 353,600
Thompson Creek Metals Company, Inc.      
12.500%, 05/01/2019   820,000 793,603
Vedanta Resources PLC      
6.750%, 06/07/2016 (S)   710,000 701,125
8.750%, 01/15/2014 (S)   570,000 594,225
Verso Paper Holdings LLC      
11.750%, 01/15/2019 (S)   897,000 864,540
 
      20,385,084
Telecommunication Services - 8.2%      
Axtel SAB de CV      
7.625%, 02/01/2017 (S)   1,160,000 719,200
9.000%, 09/22/2019   98,000 60,760
Cincinnati Bell Telephone Company LLC      
6.300%, 12/01/2028   810,000 733,050
Cogent Communications Group, Inc.      
8.375%, 02/15/2018 (S)   850,000 922,250
Cricket Communications, Inc.      
7.750%, 05/15/2016   120,000 126,600
Intelsat Jackson Holdings SA      
7.250%, 04/01/2019   720,000 777,600
7.250%, 10/15/2020 (S)   1,520,000 1,634,000
Level 3 Financing, Inc.      
8.625%, 07/15/2020   740,000 799,200
MetroPCS Wireless, Inc.      
6.625%, 11/15/2020   290,000 303,775
7.875%, 09/01/2018   620,000 669,600
Sprint Capital Corp.      
6.875%, 11/15/2028   770,000 708,400
8.750%, 03/15/2032   1,945,000 2,013,075
Sprint Nextel Corp.      
6.000%, 12/01/2016   280,000 288,400
7.000%, 08/15/2020   380,000 395,200
9.000%, 11/15/2018 (S)   1,720,000 2,064,000
TW Telecom Holdings, Inc.      
5.375%, 10/01/2022 (S)   410,000 418,200
8.000%, 03/01/2018   640,000 704,000

 

163

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

High Yield Trust (continued)    
    Shares or  
    Principal  
    Amount Value
 
 
CORPORATE BONDS (continued)      
Telecommunication Services (continued)      
UPC Holding BV      
9.875%, 04/15/2018 (S) $ 210,000 $ 231,000
UPCB Finance III, Ltd.      
6.625%, 07/01/2020 (S)   350,000 366,625
UPCB Finance V, Ltd.      
7.250%, 11/15/2021 (S)   290,000 315,375
UPCB Finance VI, Ltd.      
6.875%, 01/15/2022 (S)   810,000 858,600
Vimpel Communications      
8.250%, 05/23/2016   1,247,000 1,376,351
VimpelCom Holdings BV      
7.504%, 03/01/2022 (S)   460,000 482,425
West Corp.      
7.875%, 01/15/2019   320,000 329,600
8.625%, 10/01/2018   530,000 556,500
11.000%, 10/15/2016   295,000 306,800
Wind Acquisition Holdings Finance SA,      
PIK      
12.250%, 07/15/2017 (S)   2,712,868 2,143,166
Windstream Corp.      
7.500%, 06/01/2022 to 04/01/2023   1,230,000 1,294,950
 
      21,598,702
Utilities - 3.6%      
Atlantic Power Corp.      
9.000%, 11/15/2018   580,000 616,250
Foresight Energy LLC      
9.625%, 08/15/2017 (S)   890,000 921,150
GenOn REMA LLC      
9.237%, 07/02/2017   455,093 482,398
9.681%, 07/02/2026   510,000 550,800
Midwest Generation LLC, Series B      
8.560%, 01/02/2016   712,828 648,673
Mirant Mid Atlantic LLC      
9.125%, 06/30/2017   563,174 616,675
10.060%, 12/30/2028   1,627,072 1,814,185
PPL Ironwood LLC      
8.857%, 11/30/2025   703,049 808,507
Red Oak Power LLC      
9.200%, 11/30/2029   1,030,000 1,112,400
Suburban Propane Partners LP      
7.375%, 03/15/2020   599,000 640,930
The AES Corp.      
7.750%, 10/15/2015   190,000 214,700
9.750%, 04/15/2016   990,000 1,183,050
 
      9,609,718
TOTAL CORPORATE BONDS (Cost $225,717,200) $ 221,882,117
 
CAPITAL PREFERRED SECURITIES - 1.3%    
Financials - 1.3%      
ING Capital Funding Trust III      
3.962%, 12/29/2049 (P)(Q)   220,000 202,338
Santander Finance Preferred SA      
Unipersonal (10.500% until 09/29/2014,      
then 3 month LIBOR + 7.673%)      
09/29/2014 (Q)   2,490,000 2,617,000
ZFS Finance USA Trust II (6.450% to      
06/15/2016, then 3 month      
LIBOR + 2.000%)      
12/15/2065 (S)   740,000 784,400
 
      3,603,738
TOTAL CAPITAL PREFERRED      
SECURITIES (Cost $3,734,016)   $ 3,603,738

 

High Yield Trust (continued)    
    Shares or  
    Principal  
    Amount Value
 
 
CONVERTIBLE BONDS - 1.0%      
Financials - 0.9%      
Realogy Corp.      
11.000%, 04/15/2018 (S) $ 2,440,000 $ 2,293,600
Materials - 0.1%      
Hercules, Inc.      
6.500%, 06/30/2029   460,000 380,938
TOTAL CONVERTIBLE BONDS (Cost $2,431,546) $ 2,674,538
 
TERM LOANS (M) - 2.8%      
Consumer Discretionary - 0.5%      
Stockbridge SBE Holdings LLC      
13.000%, 05/02/2017   1,360,000 1,353,200
Energy - 0.7%      
Chesapeake Energy Corp.      
8.500%, 12/02/2017   1,950,000 1,954,875
Financials - 0.4%      
Realogy Corp.      
13.500%, 10/15/2017   1,000,000 1,006,250
Health Care - 0.1%      
Immucor, Inc.      
5.750%, 08/17/2018   306,906 309,975
Industrials - 0.6%      
Intelligrated, Inc.      
10.500%, 12/31/2019   1,070,000 1,078,025
Trico Shipping AS      
2.800%, 05/13/2014   310,986 309,431
10.000%, 05/13/2014   176,630 175,747
 
      1,563,203
Information Technology - 0.2%      
SRA International, Inc.      
6.500%, 07/20/2018   424,914 420,665
Telecommunication Services - 0.3%      
Vodafone Group PLC      
6.875%, 08/11/2015   703,120 724,213
TOTAL TERM LOANS (Cost $7,130,001)   $ 7,332,381
 
COMMON STOCKS - 2.9%      
Consumer Discretionary - 1.3%      
Bossier Casino Venture Holdco, Inc. (S)   43,365 $ 86,730
Canadian Satellite Radio Holdings, Inc.   389,667 1,684,554
Charter Communications, Inc., Class A (I)   17,025 1,278,067
Cumulus Media, Inc., Class A (I)   129,858 355,811
PB Investors II LLC   127,402 1
Tropicana Entertainment LLC   7,500 33,750
Vertis Holdings, Inc.   69,391 0
 
      3,438,913
Financials - 0.7%      
KCAD Holdings I, Ltd.   165,553,562 1,754,868
Industrials - 0.7%      
DeepOcean Group Holdings AS   83,286 1,332,576
Horizon Lines, Inc.   373,764 515,794
 
      1,848,370
Materials - 0.2%      
LyondellBasell Industries NV, Class A   11,637 601,167
Telecommunication Services - 0.0%      
Maxcom Telecomunicaciones SAB      
de CV, ADR   13,302 21,416

 

164

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

High Yield Trust (continued)    
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)      
Telecommunication Services (continued)      
Viatel Holdings Bermuda, Ltd. (I)   38 $ 10
   
      21,426
TOTAL COMMON STOCKS (Cost $9,400,541) $ 7,664,744
 
PREFERRED SECURITIES - 2.0%      
Financials - 2.0%      
Citigroup Capital XIII (7.875% to      
10/30/2015, then      
3 month LIBOR + 6.370%)   31,275 $ 871,009
Citigroup, Inc., 7.50%   11,500 1,115,270
GMAC Capital Trust I (8.125% to      
02/15/2016, then      
3 month LIBOR + 5.785%)   133,112 3,342,442
 
      5,328,721
TOTAL PREFERRED SECURITIES (Cost $5,095,022) $ 5,328,721
 
ESCROW CERTIFICATES - 0.0%      
Consumer Discretionary - 0.0%      
Adelphia Communications Corp.      
7.750%, 01/15/2049 (I)   3,000,000 22,800
9.875%, 03/01/2049 (I)   2,050,000 15,580
10.250%, 11/01/2049 (I)   1,025,000 7,790
General Motors Company      
7.200%, 01/15/2049 (I)   1,520,000 0
8.375%, 07/15/2049 (I)   2,005,000 0
Mood Media Corp.      
- (I)   58,550 0
SuperMedia, Inc.      
8.000%, 11/15/2016 (I)   3,162,000 0
 
      46,170
TOTAL ESCROW CERTIFICATES (Cost $440,831) $ 46,170
 
WARRANTS - 0.3%      
Charter Communications, Inc., Class A      
(Expiration Date: 11/30/2014; Strike      
Price: $51.28) (I)   6,978 181,428
Mood Media Corp. (Expiration Date:      
05/06/2016; Strike Price $3.50) (I)   66,933 34,415
Nortek, Inc. (Expiration Date: 12/17/2014;      
Strike Price: $52.80) (I)   14,700 73,500
SemGroup Corp., Class A (Expiration      
Date: 11/30/2014; Strike      
Price $25.00) (I)   35,326 441,928
TOTAL WARRANTS (Cost $208,362)   $ 731,271
 
OPTIONS PURCHASED - 0.0%      
Over the Counter USD Purchased Options      
on 5 Year Credit Default Swaption      
(Expiration Date: 10/17/2012; Strike      
Price: $0.975; Counterparty: JPMorgan      
Securities, Inc.) (I) $ 5,445,000 $ 8,662
Over the Counter USD Purchased Options      
on 5 Year Credit Default Swaption      
(Expiration Date: 10/17/2012; Strike      
Price: $0.975; Counterparty: JPMorgan      
Securities, Inc.) (I)   7,326,000 11,654
TOTAL OPTIONS PURCHASED (Cost $144,738) $ 20,316

 

High Yield Trust (continued)      
    Shares or    
    Principal    
    Amount   Value
 
 
SHORT-TERM INVESTMENTS - 3.0%        
Repurchase Agreement - 3.0%        
Repurchase Agreement with Deutsche        
Bank dated 09/28/2012 at 0.190% to be        
repurchased at $8,000,127 on        
10/01/2012, collateralized by        
$8,059,000 Federal Farm Credit Bank,        
1.125% due 02/27/2014 (valued at        
$8,160,003, including interest) $ 8,000,000 $ 8,000,000
TOTAL SHORT-TERM INVESTMENTS (Cost $8,000,000) $ 8,000,000
Total Investments (High Yield Trust)        
(Cost $269,648,864) - 99.7%     $ 264,627,912
Other assets and liabilities, net - 0.3%       847,680
 
TOTAL NET ASSETS - 100.0%     $ 265,475,592
 
 
 
Income Trust        
    Shares or    
    Principal    
    Amount   Value
 
 
CORPORATE BONDS - 39.3%        
Consumer Discretionary - 7.5%        
Academy, Ltd. 9.250%, 08/01/2019 (S) $ 400,000 $ 439,500
Cablevision Systems Corp.        
7.750%, 04/15/2018   2,000,000   2,215,000
8.000%, 04/15/2020   2,000,000   2,230,000
Caesars Entertainment        
Operating Company, Inc.        
8.500%, 02/15/2020 (S)   1,200,000   1,200,000
11.250%, 06/01/2017   450,000   483,750
CCH II LLC 13.500%, 11/30/2016   4,766,957   5,172,148
CCO Holdings LLC 6.500%, 04/30/2021   1,000,000   1,070,000
Cequel Communications Holdings I LLC        
8.625%, 11/15/2017 (S)   1,000,000   1,067,500
Chrysler Group LLC 8.000%, 06/15/2019   3,000,000   3,180,000
CityCenter Holdings LLC        
7.625%, 01/15/2016   700,000   747,250
CityCenter Holdings LLC, PIK        
10.750%, 01/15/2017   1,416,558   1,512,176
Clear Channel Communications, Inc.        
9.000%, 03/01/2021   1,000,000   890,000
Clear Channel Worldwide Holdings, Inc.,        
Series B 9.250%, 12/15/2017   800,000   862,000
CSC Holdings LLC        
6.750%, 11/15/2021 (S)   2,700,000   2,976,750
KB Home 7.500%, 09/15/2022   700,000   757,750
Landry’s, Inc. 9.375%, 05/01/2020 (S)   2,000,000   2,110,000
MGM Resorts International        
6.750%, 10/01/2020 (S)   400,000   398,000
10.000%, 11/01/2016   1,500,000   1,717,500
Visant Corp. 10.000%, 10/01/2017   1,900,000   1,881,000
 
        30,910,324
Consumer Staples - 2.4%        
Boparan Finance PLC        
9.750%, 04/30/2018 (S) EUR 700,000   949,009
9.875%, 04/30/2018 (S) GBP 750,000   1,283,765
Ceridian Corp. 11.250%, 11/15/2015 $ 1,000,000   985,000
Dean Foods Company 9.750%, 12/15/2018   900,000   1,026,000
JBS USA LLC        
8.250%, 02/01/2020 (S)   700,000   698,250
11.625%, 05/01/2014   1,000,000   1,122,500

 

165

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Income Trust (continued)      
    Shares or  
    Principal  
    Amount Value
 
 
CORPORATE BONDS (continued)      
Consumer Staples (continued)      
Reynolds Group Issuer, Inc.      
5.750%, 10/15/2020 (S) $ 900,000 $ 897,750
7.875%, 08/15/2019   300,000 324,000
9.875%, 08/15/2019   1,500,000 1,595,625
SUPERVALU, Inc. 8.000%, 05/01/2016   1,300,000 1,160,250
 
      10,042,149
Energy - 5.5%      
Antero Resources Finance Corp.      
7.250%, 08/01/2019   300,000 324,750
9.375%, 12/01/2017   750,000 828,750
Arch Coal, Inc. 7.000%, 06/15/2019   750,000 630,000
Chesapeake Energy Corp.      
6.875%, 08/15/2018 to 11/15/2020   1,900,000 1,980,500
7.250%, 12/15/2018   2,000,000 2,150,000
CONSOL Energy, Inc. 8.250%, 04/01/2020   1,400,000 1,466,500
El Paso Corp. 7.750%, 01/15/2032   300,000 349,683
Energy XXI Gulf Coast, Inc.      
9.250%, 12/15/2017   1,000,000 1,122,500
EP Energy LLC 9.375%, 05/01/2020 (S)   1,000,000 1,090,000
Expro Finance Luxembourg SCA      
8.500%, 12/15/2016 (S)   613,000 631,390
Linn Energy LLC 8.625%, 04/15/2020   1,700,000 1,861,500
Peabody Energy Corp.      
6.250%, 11/15/2021 (S)   500,000 497,500
Sabine Pass LNG LP      
7.250%, 11/30/2013   1,000,000 1,065,000
7.500%, 11/30/2016   800,000 864,000
Samson Investment Company      
9.750%, 02/15/2020 (S)   1,800,000 1,854,000
SandRidge Energy, Inc.      
8.000%, 06/01/2018 (S)   3,000,000 3,150,000
9.875%, 05/15/2016   1,200,000 1,308,000
W&T Offshore, Inc. 8.500%, 06/15/2019   1,200,000 1,308,000
 
      22,482,073
Financials - 3.4%      
Bank of America Corp., (8.125% to      
05/15/2018, then 3 month      
LIBOR + 3.640%)      
05/15/2018 (Q)   1,500,000 1,652,190
JPMorgan Chase & Company (7.900% to      
04/30/2018, then 3 month      
LIBOR + 3.470%)      
04/30/2018 (Q)   7,500,000 8,517,975
Nationstar Mortgage LLC      
9.625%, 05/01/2019 (S)   2,000,000 2,185,000
Nuveen Investments Inc      
9.500%, 10/15/2020 (S)   1,800,000 1,791,000
 
      14,146,165
Health Care - 4.6%      
Grifols, Inc. 8.250%, 02/01/2018   600,000 663,000
HCA, Inc.      
6.500%, 02/15/2016 to 02/15/2020   3,500,000 3,866,250
7.500%, 02/15/2022   1,200,000 1,359,000
8.000%, 10/01/2018   3,000,000 3,465,000
Health Management Associates, Inc.      
7.375%, 01/15/2020 (S)   500,000 542,500
Tenet Healthcare Corp.      
8.000%, 08/01/2020   953,000 1,023,284
9.250%, 02/01/2015   3,500,000 3,937,500
10.000%, 05/01/2018   3,250,000 3,753,750

 

Income Trust (continued)      
    Shares or  
    Principal  
    Amount Value
 
 
CORPORATE BONDS (continued)      
Health Care (continued)      
Vanguard Health Holding Company II LLC      
7.750%, 02/01/2019 $ 500,000 $ 531,875
 
      19,142,159
Industrials - 3.0%      
Abengoa Finance SAU      
8.875%, 11/01/2017 (S)   1,200,000 1,110,000
CEVA Group PLC      
8.375%, 12/01/2017 (S)   1,000,000 963,750
11.500%, 04/01/2018 (S)   2,200,000 1,936,000
12.750%, 03/31/2020 (S)   1,500,000 1,185,000
Navistar International Corp.      
8.250%, 11/01/2021   900,000 853,875
RBS Global, Inc. 8.500%, 05/01/2018   1,200,000 1,323,000
Terex Corp. 8.000%, 11/15/2017   3,000,000 3,105,000
The Manitowoc Company, Inc.      
9.500%, 02/15/2018   800,000 896,000
United Rentals North America, Inc.      
8.375%, 09/15/2020   900,000 963,000
 
      12,335,625
Information Technology - 5.2%      
CDW LLC      
8.500%, 04/01/2019   2,500,000 2,718,750
12.535%, 10/12/2017   750,000 800,625
First Data Corp.      
8.250%, 01/15/2021 (S)   2,500,000 2,493,750
9.875%, 09/24/2015   199,000 202,980
11.250%, 03/31/2016   4,400,000 4,268,000
12.625%, 01/15/2021   3,050,000 3,160,563
First Data Corp., PIK      
8.750%, 01/15/2022 (S)   1,504,000 1,515,280
10.550%, 09/24/2015   1,000,000 1,023,750
Freescale Semiconductor, Inc.      
8.050%, 02/01/2020   2,000,000 1,970,000
10.125%, 12/15/2016   979,000 1,015,713
10.750%, 08/01/2020   1,676,000 1,814,270
Infor US, Inc. 9.375%, 04/01/2019 (S)   200,000 222,000
SRA International, Inc.      
11.000%, 10/01/2019   300,000 304,500
 
      21,510,181
Materials - 2.6%      
Berry Plastics Corp. 9.750%, 01/15/2021   700,000 798,000
Cemex SAB de CV      
9.000%, 01/11/2018 (S)   3,000,000 3,000,000
FMG Resources August 2006 Pty, Ltd.      
6.875%, 02/01/2018 (S)   1,000,000 930,000
7.000%, 11/01/2015 (S)   500,000 497,500
Ineos Finance PLC 8.375%, 02/15/2019 (S)   700,000 736,750
INEOS Group Holdings PLC      
7.875%, 02/15/2016 (S) EUR 1,650,000 1,966,608
Inmet Mining Corp.      
8.750%, 06/01/2020 (S) $ 900,000 931,500
Orion Engineered Carbons Bondco GmbH      
10.000%, 06/15/2018 (S) EUR 1,350,000 1,895,288
 
      10,755,646
Telecommunication Services - 2.5%      
Cricket Communications, Inc.      
7.750%, 10/15/2020 $ 2,300,000 2,242,500
Frontier Communications Corp.      
8.500%, 04/15/2020   500,000 565,000
Sprint Nextel Corp.      
9.000%, 11/15/2018 (S)   3,000,000 3,600,000
11.500%, 11/15/2021   1,500,000 1,878,750

 

166

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Income Trust (continued)      
    Shares or  
    Principal  
    Amount Value
 
 
CORPORATE BONDS (continued)      
Telecommunication Services (continued)      
UPCB Finance V, Ltd.      
7.250%, 11/15/2021 (S) $ 1,000,000 $ 1,087,500
UPCB Finance VI, Ltd.      
6.875%, 01/15/2022 (S)   1,000,000 1,060,000
 
      10,433,750
Utilities - 2.6%      
Calpine Corp.      
7.500%, 02/15/2021 (S)   1,000,000 1,080,000
7.875%, 07/31/2020 (S)   800,000 874,000
Dynegy Holdings LLC      
7.500%, 06/01/2015 (H)   1,220,000 695,400
7.750%, 06/01/2019 (H)   1,250,000 706,250
8.375%, 05/01/2016 (H)   2,000,000 1,140,000
GenOn Energy, Inc.      
7.625%, 06/15/2014   900,000 960,750
7.875%, 06/15/2017   400,000 426,000
Intergen NV 9.000%, 06/30/2017 (S)   1,000,000 962,500
Texas Competitive Electric      
Holdings Company LLC      
11.500%, 10/01/2020 (S)   750,000 586,875
15.000%, 04/01/2021   2,030,000 751,100
Texas Competitive Electric Holdings      
Company LLC, PIK      
10.500%, 11/01/2016   165,716 38,943
Texas Competitive Electric Holdings      
Company LLC, Series A      
10.250%, 11/01/2015   9,000,000 2,430,000
 
      10,651,818
TOTAL CORPORATE BONDS (Cost $159,365,854) $ 162,409,890
 
CONVERTIBLE BONDS - 0.8%      
Financials - 0.3%      
Forest City Enterprises, Inc.      
4.250%, 08/15/2018   1,000,000 1,046,250
Materials - 0.5%      
Cemex SAB de CV      
3.250%, 03/15/2016   1,350,000 1,332,281
3.750%, 03/15/2018   805,000 794,434
 
      2,126,715
TOTAL CONVERTIBLE BONDS (Cost $3,153,056) $ 3,172,965
 
TERM LOANS (M) - 4.9%      
Consumer Discretionary - 0.9%      
Clear Channel Communications, Inc.      
3.866%, 01/28/2016   4,419,769 3,605,564
SuperMedia, Inc., PIK      
10.250%, 12/31/2015   439,638 289,612
 
      3,895,176
Health Care - 0.3%      
Kinetic Concepts, Inc.      
7.000%, 05/04/2018   992,500 1,005,084
Industrials - 0.4%      
Navistar Inc      
7.000%, 08/17/2017   1,100,000 1,115,125
US Investigations Services, Inc.      
2.969%, 02/21/2015   678,902 629,681
 
      1,744,806
Information Technology - 0.9%      
First Data Corp.      
4.217%, 03/23/2018   1,584,873 1,511,573

 

Income Trust (continued)      
    Shares or  
    Principal  
    Amount Value
 
 
TERM LOANS (M) (continued)      
Information Technology (continued)      
First Data Corp. (continued)      
5.217%, 03/24/2017 $ 1,367,115 $ 1,341,482
SRA International, Inc.      
6.500%, 07/20/2018   817,143 808,971
 
      3,662,026
Utilities - 2.4%      
Dynegy Midwest Generation LLC      
9.250%, 08/04/2016   693,000 716,100
Dynegy Power LLC      
9.250%, 08/04/2016   1,287,000 1,344,915
Texas Competitive Electric Holdings      
Company LLC      
4.757%, 10/10/2017   11,493,117 7,888,945
 
      9,949,960
TOTAL TERM LOANS (Cost $22,809,615)   $ 20,257,052
 
COLLATERALIZED MORTGAGE      
OBLIGATIONS - 0.4%      
Financials - 0.4%      
Banc of America Large Loan, Inc.,      
Series 2010-HLTN, Class HLTN      
1.971%, 11/15/2015 (P)(S)   1,851,341 1,849,238
TOTAL COLLATERALIZED MORTGAGE      
OBLIGATIONS (Cost $1,700,506)   $ 1,849,238
 
COMMON STOCKS - 45.9%      
Consumer Discretionary - 0.9%      
Automobiles - 0.0%      
Motors Liquidation      
Company GUC Trust (I)   2,175 $ 36,540
Media - 0.6%      
Comcast Corp., Class A   67,000 2,396,590
Dex One Corp. (I)(L)   99,669 124,586
 
      2,521,176
Multiline Retail - 0.3%      
Target Corp.   18,110 1,149,442
 
      3,707,158
Consumer Staples - 1.5%      
Beverages - 1.5%      
Diageo PLC   125,000 3,519,560
PepsiCo, Inc.   40,000 2,830,800
 
      6,350,360
 
      6,350,360
Energy - 6.9%      
Energy Equipment & Services - 0.6%      
Schlumberger, Ltd.   20,000 1,446,600
Weatherford International, Ltd. (I)   70,000 887,600
 
      2,334,200
Oil, Gas & Consumable Fuels - 6.3%      
BP PLC, ADR   80,000 3,388,800
Callon Petroleum Company (I)   56,247 345,915
Canadian Oil Sands, Ltd.   190,000 4,068,253
Chesapeake Energy Corp. (L)   40,000 754,800
Chevron Corp.   15,000 1,748,400
ConocoPhillips   100,000 5,718,000
Exxon Mobil Corp.   50,000 4,572,500
Royal Dutch Shell PLC, ADR   40,000 2,776,400
Spectra Energy Corp.   50,000 1,468,000

 

167

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Income Trust (continued)    
  Shares or  
  Principal  
  Amount Value
 
COMMON STOCKS (continued)    
Oil, Gas & Consumable Fuels (continued)    
Total SA, ADR (L) 25,000 $ 1,252,500
    26,093,568
    28,427,768
Financials - 5.8%    
Capital Markets - 0.4%    
BlackRock, Inc. 8,000 1,426,400
Commercial Banks - 2.9%    
Banco Santander SA 142,149 1,064,926
Barclays PLC 150,000 522,138
HSBC Holdings PLC 250,000 2,319,780
M&T Bank Corp. (L) 22,500 2,141,100
Wells Fargo & Company 174,800 6,035,844
 
    12,083,788
Diversified Financial Services - 2.0%    
Bank of America Corp. 375,000 3,311,250
JPMorgan Chase & Company 120,000 4,857,600
 
    8,168,850
Insurance - 0.2%    
QBE Insurance Group, Ltd. 75,000 1,004,004
Real Estate Investment Trusts - 0.3%    
Westfield Retail Trust 364,900 1,090,837
Thrifts & Mortgage Finance - 0.0%    
Federal National    
Mortgage Association (I)(L) 103,273 28,710
 
    23,802,589
Health Care - 6.6%    
Pharmaceuticals - 6.6%    
Johnson & Johnson 80,000 5,512,800
Merck & Company, Inc. 167,130 7,537,563
Pfizer, Inc. 200,000 4,970,000
Roche Holdings AG 37,500 7,005,204
Sanofi, ADR (L) 50,000 2,153,000
 
    27,178,567
    27,178,567
Industrials - 1.5%    
Industrial Conglomerates - 1.4%    
General Electric Company 254,770 5,785,827
Machinery - 0.1%    
Caterpillar, Inc. 4,500 387,180
 
    6,173,007
Information Technology - 1.1%    
Electronic Equipment, Instruments & Components - 0.1%  
Corning, Inc. 30,000 394,500
Semiconductors & Semiconductor Equipment - 1.0%  
Intel Corp. 190,000 4,309,200
 
    4,703,700
Materials - 2.9%    
Chemicals - 1.1%    
E.I. du Pont de Nemours & Company 10,000 502,700
LyondellBasell Industries NV, Class A 25,000 1,291,500
The Dow Chemical Company 100,000 2,896,000
 
    4,690,200
Metals & Mining - 1.8%    
Barrick Gold Corp. 52,600 2,196,576
BHP Billiton PLC 30,000 936,868

 

Income Trust (continued)    
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Metals & Mining (continued)    
Newmont Mining Corp. 50,000 $ 2,800,500
Nucor Corp. 15,000 573,900
Rio Tinto PLC, ADR (L) 20,000 935,200
 
    7,443,044
 
    12,133,244
Telecommunication Services - 3.9%    
Diversified Telecommunication Services - 2.7%    
AT&T, Inc. 160,000 6,032,000
CenturyLink, Inc. 30,000 1,212,000
France Telecom SA 28,700 346,959
Frontier Communications Corp. (L) 75,000 367,500
Telstra Corp., Ltd. 500,000 2,028,400
Vivendi SA 51,666 1,010,192
 
    10,997,051
Wireless Telecommunication Services - 1.2%    
SK Telecom Company, Ltd., ADR 27,430 398,832
Vodafone Group PLC 1,600,000 4,553,698
 
    4,952,530
 
    15,949,581
Utilities - 14.8%    
Electric Utilities - 9.8%    
American Electric Power Company, Inc. 110,100 4,837,794
Duke Energy Corp. 137,082 8,882,914
Entergy Corp. 50,000 3,465,000
Exelon Corp. 100,000 3,558,000
FirstEnergy Corp. 57,000 2,513,700
NextEra Energy, Inc. 97,715 6,872,296
Pinnacle West Capital Corp. 65,000 3,432,000
PPL Corp. 35,500 1,031,275
The Southern Company 60,000 2,765,400
Xcel Energy, Inc. 110,000 3,048,100
 
    40,406,479
Gas Utilities - 0.5%    
AGL Resources, Inc. 50,000 2,045,500
Independent Power Producers & Energy Traders - 0.0%  
Dynegy, Inc. (I)(L) 85,000 32,300
Multi-Utilities - 4.5%    
Dominion Resources, Inc. 40,000 2,117,600
PG&E Corp. 112,400 4,796,108
Public Service Enterprise Group, Inc. 150,000 4,827,000
Sempra Energy 70,000 4,514,300
TECO Energy, Inc. (L) 150,000 2,661,000
 
    18,916,008
 
    61,400,287
TOTAL COMMON STOCKS (Cost $188,266,128) $ 189,826,261
 
PREFERRED SECURITIES - 5.8%    
Consumer Discretionary - 0.2%    
Automobiles - 0.2%    
General Motors Company,    
Series B, 4.750% 23,600 879,808
Energy - 1.1%    
Oil, Gas & Consumable Fuels - 1.1%    
Chesapeake Energy Corp., 5.750% (S) 1,900 1,761,272
Sandridge Energy, Inc., 7.000% 26,500 2,888,500
 
    4,649,772
 
    4,649,772

 

168

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Income Trust (continued)    
Shares or   
Principal   
Amount  Value
 
PREFERRED SECURITIES (continued)    
Financials - 4.2%    
Commercial Banks - 1.4%    
Wells Fargo & Company, Series L, 7.500% 4,600 $ 5,694,800
Consumer Finance - 0.3%    
Ally Financial, Inc., 7.000% (S) 1,341 1,254,464
Diversified Financial Services - 1.4%    
Bank of America Corp., Series L, 7.250% 5,350 5,831,500
Insurance - 0.4%    
MetLife, Inc., 5.000% 27,000 1,864,080
Real Estate Investment Trusts - 0.6%    
FelCor Lodging Trust, Inc.,    
Series A, 1.950% 90,000 2,392,200
Thrifts & Mortgage Finance - 0.1%    
Federal Home Loan Mortgage Corp.,    
Series Z (8.375% to 12/31/2012, then    
higher of 3 month LIBOR + 4.160%    
or 7.875%) (I) 94,900 80,665
Federal National Mortgage Association,    
Series S, 8.250% (I) 79,300 68,991
Federal National Mortgage Association,    
Series R, 7.625% (I) 60,200 39,130
Federal National Mortgage Association,    
Series Q, 6.750% (I) 80,000 48,800
Federal National Mortgage    
Association, 5.375% (I) 20 36,000
 
    273,586
    17,310,630
Materials - 0.3%    
Metals & Mining - 0.3%    
AngloGold Ashanti Holdings    
Finance PLC, 6.000% 25,000 1,039,750
TOTAL PREFERRED SECURITIES (Cost $27,833,756) $ 23,879,960
 
WARRANTS - 0.2%    
Charter Communications, Inc., Class A    
(Expiration Date: 11/30/2014; Strike    
Price: $46.86) (I) 22,772 680,883
General Motors Company (Expiration    
Date: 07/10/2016; Strike    
Price: $10.00) (I) 7,875 108,518
General Motors Company (Expiration    
Date: 07/10/2019; Strike    
Price: $18.33) (I) 7,875 65,048
TOTAL WARRANTS (Cost $954,836) $ 854,449
 
ESCROW CERTIFICATES - 0.0%    
Consumer Discretionary - 0.0%    
General Motors Company (I) 85,000 0
SuperMedia, Inc., 12/01/2020 (I) 651,025 0
 
    0
TOTAL ESCROW CERTIFICATES (Cost $326) $ 0
 
SECURITIES LENDING COLLATERAL - 1.6%    
John Hancock Collateral    
Investment Trust, 0.3462% (W)(Y) 650,263 $ 6,508,227
TOTAL SECURITIES LENDING    
COLLATERAL (Cost $6,508,046) $ 6,508,227

 

Income Trust (continued)        
    Shares or    
    Principal    
    Amount   Value
 
 
SHORT-TERM INVESTMENTS - 1.3%        
U.S. Government Agency - 1.3%        
Federal Home Loan Bank Discount Note,        
0.0010%, 10/01/2012 * $ 5,300,000 $ 5,300,000
TOTAL SHORT-TERM INVESTMENTS (Cost $5,300,000) $ 5,300,000
Total Investments (Income Trust)        
(Cost $415,892,123) - 100.2%     $ 414,058,042
Other assets and liabilities, net - (0.2%)       (855,546)
 
TOTAL NET ASSETS - 100.0%     $ 413,202,496
 
 
 
International Core Trust        
    Shares or    
    Principal    
    Amount   Value
 
 
COMMON STOCKS - 98.0%        
Australia - 5.9%        
ALS, Ltd.   62,835 $ 556,008
Arrium, Ltd.   1,023,967   572,249
Australia & New Zealand Banking Group, Ltd. 40,109   1,025,949
BGP Holdings PLC   2,126,418   3
BHP Billiton, Ltd.   47,882   1,640,607
Billabong International, Ltd.   246,078   336,994
BlueScope Steel, Ltd. (I)   2,783,308   1,188,670
Commonwealth Bank of Australia   24,325   1,402,470
CSL, Ltd.   39,684   1,887,593
Dexus Property Group   1,211,026   1,193,012
Goodman Fielder, Ltd. (I)   1,369,534   701,436
Goodman Group   300,474   1,233,544
GPT Group   411,909   1,445,718
Investa Office Fund   336,773   1,006,590
JB Hi-Fi, Ltd. (L)   67,554   633,523
Macquarie Group, Ltd.   37,695   1,106,729
Mirvac Group   734,663   1,086,972
Pacific Brands, Ltd.   424,353   268,420
Qantas Airways, Ltd. (I)   286,280   360,655
QBE Insurance Group, Ltd.   421,856   5,647,269
Resolute Mining, Ltd.   352,233   700,424
Stockland   704,972   2,435,617
Tabcorp Holdings, Ltd.   271,152   776,020
Tatts Group, Ltd.   64,219   180,038
Telstra Corp., Ltd.   1,783,105   7,233,699
Wesfarmers, Ltd.   32,297   1,147,381
Westpac Banking Corp.   155,803   4,001,750
 
        39,769,340
Austria - 0.6%        
Andritz AG   10,648   604,498
OMV AG   60,146   2,107,881
Raiffeisen Bank International AG (L)   11,719   426,233
Voestalpine AG   33,579   1,008,933
 
        4,147,545
Belgium - 1.6%        
Ageas   65,251   1,567,712
Anheuser-Busch InBev NV   85,508   7,314,498
Belgacom SA   44,490   1,359,268
Delhaize Group SA   14,835   573,367
 
        10,814,845
Canada - 3.1%        
Alimentation Couche Tard, Inc.   8,200   376,845
BCE, Inc.   37,700   1,658,555
Canadian National Railway Company   22,800   2,017,467

 

169

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

International Core Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Canada (continued)    
Canadian Natural Resources, Ltd. 90,400 $ 2,788,966
Canadian Pacific Railway, Ltd. 5,200 431,561
Enbridge, Inc. 47,900 1,870,980
Encana Corp. (L) 124,900 2,735,324
First Quantum Minerals, Ltd. 50,500 1,076,162
Husky Energy, Inc. (L) 35,500 954,033
Methanex Corp. 7,500 213,991
Metro, Inc. (L) 18,400 1,093,032
Research In Motion, Ltd. (I)(L) 160,000 1,223,884
Royal Bank of Canada (L) 33,600 1,932,402
Sherritt International Corp. (L) 19,800 100,299
Sun Life Financial, Inc. (Toronto    
Stock Exchange) (L) 94,100 2,184,276
 
    20,657,777
China - 0.0%    
China Minzhong Food Corp. Ltd. (I) 77,000 50,502
Yangzijiang Shipbuilding Holdings, Ltd. 351,000 278,688
 
    329,190
Denmark - 1.0%    
Coloplast A/S 657 136,868
GN Store Nord A/S 8,094 124,620
Novo Nordisk A/S 41,800 6,597,463
 
    6,858,951
Finland - 0.5%    
Neste Oil OYJ 42,099 553,680
Nokia OYJ (L) 1,015,629 2,616,008
Nokian Renkaat OYJ 9,531 389,366
Tieto OYJ 1,303 22,555
 
    3,581,609
France - 10.7%    
Air France KLM (I)(L) 215,340 1,400,632
Arkema SA 19,340 1,816,744
Artprice.com (I)(L) 5,621 168,838
AXA SA 49,613 741,363
BNP Paribas SA 37,978 1,815,175
Cie Generale d’Optique    
Essilor International SA 13,075 1,226,089
France Telecom SA 134,218 1,622,582
L’Oreal SA 5,169 640,338
Lagardere SCA 37,293 1,021,468
Pernod-Ricard SA 10,716 1,204,220
Peugeot SA (I)(L) 232,021 1,839,986
Rallye SA 7,602 230,232
Remy Cointreau SA 1,322 152,039
Renault SA 81,057 3,820,440
Safran SA 10,284 370,698
Sanofi 264,500 22,596,031
Total SA 557,163 27,712,664
Vivendi SA 158,443 3,097,935
Zodiac Aerospace 12,632 1,232,226
 
    72,709,700
Germany - 6.6%    
Adidas AG 17,505 1,437,566
Aurubis AG 26,501 1,546,385
Bayer AG 34,035 2,928,437
Beiersdorf AG 4,418 324,515
Continental AG 7,764 761,678
Deutsche Lufthansa AG 82,777 1,124,367
Deutsche Post AG 35,005 684,367
Duerr AG 12,060 804,593
E.ON AG 694,457 16,503,793

 

International Core Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Germany (continued)    
Fresenius SE & Company KGaA 14,521 $ 1,687,263
GEA Group AG 37,223 1,127,866
Lanxess AG 14,536 1,206,736
Leoni AG 26,500 991,753
Muenchener Rueckversicherungs AG 12,245 1,913,341
RWE AG 106,824 4,787,735
Salzgitter AG 18,694 723,437
SAP AG 62,870 4,458,198
Suedzucker AG 40,463 1,433,513
 
    44,445,543
Great Britain - 0.0%    
Lancashire Holdings, Ltd. 19,946 265,744
Greece - 0.2%    
OPAP SA 139,402 718,443
Public Power Corp. SA (I) 87,188 400,965
 
    1,119,408
Hong Kong - 0.8%    
CLP Holdings, Ltd. 283,096 2,406,765
Esprit Holdings, Ltd. 577,015 883,197
Hong Kong & China Gas Company, Ltd. 492 1,238
Melco International Development, Ltd. 51 45
Pacific Basin Shipping, Ltd. 757,000 344,439
Swire Pacific, Ltd. 90,500 1,104,858
Yue Yuen Industrial Holdings, Ltd. 184,782 621,689
 
    5,362,231
Ireland - 1.1%    
C&C Group PLC 92,317 439,257
CRH PLC 111,463 2,148,156
DCC PLC 22,798 656,868
Kerry Group PLC 30,511 1,560,551
Paddy Power PLC 15,988 1,188,712
WPP PLC 120,039 1,634,421
 
    7,627,965
Israel - 0.2%    
Africa Israel Investments, Ltd. (I) 38,351 68,798
Mellanox Technologies, Ltd. (I) 9,875 1,026,667
Partner Communications Company, Ltd. 8,315 44,406
 
    1,139,871
Italy - 5.2%    
Azimut Holding SpA 32,441 374,891
Enel SpA 3,026,294 10,728,426
Eni SpA (L) 473,530 10,389,747
Fiat Industrial SpA 121,034 1,187,265
Fiat SpA (I) 73,826 395,563
Finmeccanica SpA (I)(L) 432,835 2,063,208
Impregilo SpA 122,009 497,289
Intesa Sanpaolo SpA (Italian Exchange) 89,212 115,923
Luxottica Group SpA 9,639 340,179
Mediolanum SpA 148,592 641,395
Pirelli & C. SpA (L) 152,367 1,646,279
Recordati SpA 39,684 282,382
Telecom Italia SpA 2,906,340 2,920,499
Telecom Italia SpA 2,378,068 2,085,633
Terna Rete Elettrica Nazionale SpA 178,407 666,016
Tod’s SpA 7,087 767,931
 
    35,102,626
Japan - 24.1%    
Accordia Golf Company, Ltd. 545 347,992
Advance Residence Investment Corp. 216 454,420
Advantest Corp. (L) 49,600 644,310

 

170

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

International Core Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Japan (continued)    
Aeon Company, Ltd. 241,000 $ 2,721,214
Anritsu Corp. (L) 109,000 1,412,472
Asahi Group Holdings, Ltd. 41,600 1,025,190
Astellas Pharma, Inc. (L) 94,726 4,811,206
Credit Saison Company, Ltd. (L) 42,400 1,024,522
Daikyo, Inc. 417,000 1,044,643
Daito Trust Construction Company, Ltd. (L) 52,600 5,289,624
Daiwabo Holdings Company, Ltd. 12,000 22,591
Dena Company, Ltd. (L) 53,300 1,754,528
DIC Corp. 125,000 202,281
East Japan Railway Company 21,200 1,404,006
Eisai Company, Ltd. (L) 45,820 2,062,226
Fast Retailing Company, Ltd. 10,200 2,362,614
Fuji Electric Company, Ltd. 106,000 215,772
Fuji Heavy Industries, Ltd. 115,884 961,286
Fuji Oil Company, Ltd. 4,500 62,778
Gunze, Ltd. 92,000 236,083
Hanwa Company, Ltd. 88,000 305,400
Haseko Corp. (I) 1,410,500 899,828
Hikari Tsushin, Inc. 16,700 882,567
Hosiden Corp. 98 543
Inpex Corp. 185 1,095,882
Isuzu Motors, Ltd. 276,000 1,332,046
ITOCHU Corp. (L) 351,300 3,558,548
Japan Tobacco, Inc. 138,400 4,147,928
JFE Holdings, Inc. (L) 89,900 1,185,147
Juki Corp. (L) 106,000 134,346
JX Holdings, Inc. (L) 998,200 5,457,187
K’s Holding Corp. (L) 50,300 1,252,004
Kajima Corp. 666,000 1,816,766
Kakaku.com, Inc. 16,100 604,483
Kao Corp. (L) 52,150 1,536,890
Kawasaki Kisen Kaisha, Ltd. (L) 894,000 1,121,530
KDDI Corp. (L) 96,995 7,515,310
Kinugawa Rubber Industrial Company, Ltd. 68,000 357,871
Kobe Steel, Ltd. 375,000 292,860
Kohnan Shoji Company, Ltd. (L) 29,700 350,772
Lawson, Inc. 22,400 1,721,240
Leopalace21 Corp. (I)(L) 215,000 646,884
Look, Inc. (L) 49,000 323,189
Marubeni Corp. (L) 369,176 2,354,034
Mazda Motor Corp. (I) 768,512 895,097
Medipal Holdings Corp. 56,200 771,952
MEIJI Holdings Company, Ltd. 4,600 228,349
Misawa Homes Company, Ltd. 2,000 30,297
Mitsubishi Chemical Holdings Corp. (L) 368,000 1,408,786
Mitsubishi Corp. (L) 194,605 3,535,435
Mitsubishi UFJ Lease &    
Finance Company, Ltd. 21,180 892,421
Mitsui & Company, Ltd. (L) 81,300 1,142,985
Mitsui Engineering &    
Shipbuilding Company, Ltd. 407,000 466,664
Mitsui Mining & Smelting Company, Ltd. 371,000 783,129
Mitsui O.S.K. Lines, Ltd. (L) 456,000 1,062,366
Mizuho Financial Group, Inc. (L) 1,958,300 3,169,967
Namco Bandai Holdings, Inc. 61,700 1,041,924
NET One Systems Company, Ltd. 87,900 1,106,613
Nichii Gakkan Company, Ltd. 31,300 301,088
Nikon Corp. 57,300 1,575,314
Nintendo Company, Ltd. 11,600 1,458,659
Nippon Light Metal Company, Ltd. 529,000 515,172
Nippon Paper Group, Inc. (L) 66,200 780,631
Nippon Steel Corp. (L) 774,000 1,585,411
Nippon Telegraph & Telephone Corp. 166,200 7,886,463
Nippon Yusen KK (L) 594,000 1,049,442

 

International Core Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Japan (continued)    
Nipro Corp. 96,200 $ 614,622
Nitori Holdings Company, Ltd. 18,800 1,744,883
Nitto Boseki Company, Ltd. 108,000 362,648
NTT DOCOMO, Inc. (L) 1,515 2,456,957
Obayashi Corp. 277,000 1,263,016
OKI Electric Industry Company, Ltd. (I) 256,428 292,188
Ono Pharmaceutical Company, Ltd. (L) 14,000 860,608
Penta-Ocean Construction Company, Ltd. (L) 297,000 714,558
Point, Inc. 25,130 906,220
Resona Holdings, Inc. 1,115,500 4,571,091
Ricoh Company, Ltd. (L) 102,000 860,396
Round One Corp. 106,000 509,045
Ryohin Keikaku Company, Ltd. 19,100 1,204,797
Sankyo Company, Ltd. 31,700 1,473,622
Sanrio Company, Ltd. (L) 12,600 447,760
Sapporo Hokuyo Holdings, Inc. 82,500 236,802
Seven & I Holdings Company, Ltd. 47,700 1,464,802
Shinko Electric Industries Company, Ltd. (L) 73,800 465,662
Softbank Corp. (L) 49,100 1,987,345
Sojitz Corp. (L) 776,700 1,004,583
Sumitomo Corp. (L) 367,200 4,951,379
Sumitomo Light Metal Industries, Ltd. 400,000 346,370
Sumitomo Mitsui Financial Group, Inc. (L) 61,000 1,897,641
SxL Corp. (I)(L) 212,000 374,488
Taiheiyo Cement Corp. (L) 1,000,000 2,151,362
Taisei Corp. 684,000 1,962,622
Taisho Pharmaceutical Holdings Company, Ltd. 1,600 130,313
Taiyo Yuden Company, Ltd. 65,500 551,642
Takeda Pharmaceutical Company, Ltd. (L) 187,211 8,618,574
The Daiei, Inc. (I)(L) 4,550 9,658
Tokyo Electric Power Company, Inc. (I) 60,200 98,714
Tokyo Tatemono Company, Ltd. 340,000 1,327,498
TonenGeneral Sekiyu KK 75,867 656,580
Tosoh Corp. 106,000 200,869
Toyota Motor Corp. 163,500 6,415,147
Toyota Tsusho Corp. (L) 124,000 2,649,904
Tsugami Corp. (L) 60,000 368,612
Unicharm Corp. 20,200 1,159,741
Unitika, Ltd. (I) 519,000 252,984
UNY Company, Ltd. 148,500 1,145,981
USS Company, Ltd. 10,290 1,086,169
Wacom Company, Ltd. 198 477,482
West Japan Railway Company 16,400 699,780
Yamada Denki Company, Ltd. (L) 79,830 3,498,528
 
    163,114,821
Jersey, C.I. - 0.1%    
Randgold Resources, Ltd. 7,290 897,759
Netherlands - 4.4%    
Aegon NV 337,758 1,764,279
ASML Holding NV 74,527 3,995,161
CSM NV 33,278 593,768
Delta Lloyd NV 11,843 181,399
European Aeronautic Defence &    
Space Company NV 89,734 2,852,776
Gemalto NV (L) 8,057 709,718
ING Groep NV (I) 298,512 2,373,006
Koninklijke BAM Groep NV 195,857 600,583
Koninklijke Vopak NV 4,507 316,940
Royal Dutch Shell PLC, B Shares 195,795 6,964,092
Royal Dutch Shell PLC, Class A (London    
Stock Exchange) 207,447 7,184,540
SNS REAAL NV (I)(L) 69,081 103,300
Unilever NV 48,391 1,714,219

 

171

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

International Core Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Netherlands (continued)    
Wereldhave NV 8,811 $ 490,701
    29,844,482
New Zealand - 0.7%    
Chorus, Ltd. 254,507 683,971
Fletcher Building, Ltd. 170,155 979,693
Telecom Corp. of New Zealand, Ltd. 1,456,944 2,870,192
 
    4,533,856
Norway - 0.3%    
Aker Solutions ASA 34,886 663,591
TGS-NOPEC Geophysical Company ASA 36,984 1,210,988
 
    1,874,579
Portugal - 0.3%    
EDP - Energias de Portugal SA 656,802 1,811,546
Singapore - 1.6%    
Ezra Holdings, Ltd. 709,000 701,465
Golden Agri-Resources, Ltd. 6,066,000 3,248,597
Liongold Corp., Ltd. (I) 369,000 350,048
MobileOne, Ltd. 29,000 64,976
Sakari Resources, Ltd. 291,000 440,626
Singapore Exchange, Ltd. 12,000 68,239
Singapore Press Holdings, Ltd. 362,000 1,199,478
Singapore Telecommunications, Ltd. 1,749,210 4,553,683
Venture Corp., Ltd. 35,000 229,315
 
    10,856,427
Spain - 6.1%    
Abengoa SA 35,802 629,991
Banco Bilbao Vizcaya Argentaria SA 401,572 3,175,060
Banco Santander SA 1,529,916 11,461,581
Distribuidora Internacional de Alimentacion SA 142,723 789,175
Fomento de Construcciones y Contratas SA (L) 22,920 300,462
Gas Natural SDG SA 219,896 3,120,987
Grifols SA (I) 61,103 2,020,242
Iberdrola SA (L) 852,328 3,877,601
Inditex SA 17,415 2,161,999
Repsol SA 131,827 2,565,837
Telefonica SA 813,421 10,846,570
 
    40,949,505
Sweden - 0.7%    
Boliden AB 63,052 1,055,495
Investor AB, B Shares 67,549 1,490,581
NCC AB, B Shares 33,801 645,278
Svenska Handelsbanken AB, Class A 21,293 799,881
Swedbank AB, Class A 54,907 1,032,829
 
    5,024,064
Switzerland - 2.6%    
Novartis AG 115,099 7,044,795
Roche Holdings AG 32,542 6,079,022
Swiss Re, Ltd. 19,633 1,263,340
Wolseley PLC 48,827 2,089,268
Zurich Insurance Group AG 4,405 1,096,808
 
    17,573,233
United Kingdom - 19.6%    
3i Group PLC 268,687 969,142
Aberdeen Asset Management PLC 162,938 820,563
Aegis Group PLC 73,400 279,540
Aggreko PLC 56,605 2,119,787
AstraZeneca PLC 410,075 19,590,515
Aviva PLC 192,065 992,465
Babcock International Group PLC 25,670 384,902
BAE Systems PLC 1,080,593 5,688,647

 

International Core Trust (continued)  
  Shares or   
  Principal   
  Amount  Value
 
COMMON STOCKS (continued)      
United Kingdom (continued)      
Barclays PLC   2,306,393 $ 8,028,365
BBA Aviation PLC   3,472 11,085
BP PLC   2,071,837 14,623,438
British American Tobacco PLC   93,197 4,792,062
BT Group PLC   950,781 3,546,359
Bunzl PLC   48,672 873,190
Croda International PLC   5,662 222,071
Diageo PLC   287,869 8,105,378
Dixons Retail PLC (I)   2,172,393 696,299
Drax Group PLC   162,038 1,328,357
easyJet PLC   13,034 122,419
Fenner PLC   48,306 302,188
FirstGroup PLC   249,064 967,126
GlaxoSmithKline PLC   600,436 13,850,730
Hibu PLC (I)   4 0
Home Retail Group PLC (L)   784,976 1,133,350
IMI PLC   51,500 750,761
Intercontinental Hotels Group PLC   20,531 538,564
Intertek Group PLC   5,468 242,394
ITV PLC   533,715 764,157
Kesa Electricals PLC   208,997 191,632
Lloyds Banking Group PLC (I)   6,309,899 3,975,701
Micro Focus International PLC   3,461 32,944
Next PLC   72,296 4,036,887
Playtech, Ltd.   75,065 448,711
Premier Foods PLC (I)   113,626 117,518
Prudential PLC   117,838 1,529,047
Rio Tinto PLC   177,378 8,291,771
Rockhopper Exploration PLC (I)   94,325 265,629
Rolls-Royce Holdings PLC   272,094 3,713,365
Royal Bank of Scotland Group PLC (I)   200,486 832,697
SABMiller PLC   39,677 1,745,508
Spectris PLC   16,635 464,468
SSE PLC   45,338 1,019,860
Tate & Lyle PLC   102,056 1,097,805
Telecity Group PLC   11,061 160,107
Thomas Cook Group PLC (I)(L)   913,609 258,665
Tullett Prebon PLC   12,620 60,814
Vodafone Group PLC   3,780,501 10,759,537
WH Smith PLC   16,527 172,708
William Hill PLC   310,597 1,591,854
 
      132,511,082
TOTAL COMMON STOCKS (Cost $676,415,331)   $ 662,923,699
 
PREFERRED SECURITIES - 0.7%      
Germany - 0.7%      
Henkel AG & Company KGaA   22,209 1,767,444
Porsche Automobil Holding SE   55,163 3,306,667
 
      5,074,111
TOTAL PREFERRED SECURITIES (Cost $4,492,116) $ 5,074,111
 
SECURITIES LENDING COLLATERAL - 16.8%    
John Hancock Collateral      
Investment Trust, 0.3462% (W)(Y) 11,325,586 113,353,260
TOTAL SECURITIES LENDING      
COLLATERAL (Cost $113,349,170)   $ 113,353,260
Total Investments (International Core Trust)      
(Cost $794,256,617) - 115.5%   $ 781,351,070
Other assets and liabilities, net - (15.5%)     (104,704,428)
 
TOTAL NET ASSETS - 100.0%   $ 676,646,642

 

172

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

International Equity Index Trust A  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS - 95.2%    
Australia - 5.9%    
AGL Energy, Ltd. 10,575 $ 163,914
ALS, Ltd. 6,685 59,154
Alumina, Ltd. (I) 51,496 44,866
Amcor, Ltd. 23,913 191,976
AMP, Ltd. 55,833 249,732
APA Group, Ltd. (L) 10,756 52,877
Asciano, Ltd. 16,270 73,075
ASX, Ltd. 3,088 94,515
Australia & New Zealand Banking Group, Ltd. 51,044 1,305,655
Bendigo and Adelaide Bank, Ltd. 7,897 62,736
BHP Billiton, Ltd. 60,438 2,070,819
BlueScope Steel, Ltd. (I) 34,527 14,745
Boral, Ltd. 14,533 57,650
Brambles, Ltd. 28,723 208,369
Caltex Australia, Ltd. 2,853 48,688
Centro Retail Australia 23,900 51,805
CFS Retail Property Trust Group 34,648 69,346
Coca-Cola Amatil, Ltd. 11,186 156,795
Cochlear, Ltd. 1,118 77,686
Commonwealth Bank of Australia 29,626 1,708,102
Computershare, Ltd. 8,579 73,590
Crown, Ltd. 7,646 71,935
CSL, Ltd. 9,859 468,949
Dexus Property Group 85,097 83,831
DuluxGroup, Ltd. 216 739
Echo Entertainment Group, Ltd. 16,447 65,064
Fairfax Media, Ltd. (L) 35,039 14,976
Fortescue Metals Group, Ltd. (L) 23,772 84,944
Goodman Group 21,941 90,075
GPT Group 34,392 120,709
Harvey Norman Holding, Ltd. (L) 8,189 16,411
Iluka Resources, Ltd. 8,402 84,836
Incitec Pivot, Ltd. 29,906 91,924
Insurance Australia Group, Ltd. 40,467 182,793
Leighton Holdings, Ltd. 2,998 51,365
Lend Lease Corp. 11,795 95,669
Macquarie Group, Ltd. 6,876 201,880
Metcash, Ltd. 13,891 50,859
Mirvac Group 56,704 83,897
National Australia Bank, Ltd. 41,339 1,089,184
Newcrest Mining, Ltd. 14,662 435,791
Orica, Ltd. 7,093 182,294
Origin Energy, Ltd. 21,576 253,226
OZ Minerals, Ltd. 5,781 40,223
Qantas Airways, Ltd. (I) 16,720 21,064
QBE Insurance Group, Ltd. 20,566 275,311
QR National, Ltd. 33,938 119,617
Rio Tinto, Ltd. 8,419 461,886
Santos, Ltd. 18,154 212,745
Sonic Healthcare, Ltd. 6,566 92,271
SP AusNet 33,155 35,933
Stockland 45,247 156,324
Suncorp Group, Ltd. 24,567 235,351
Sydney Airport 6,341 20,736
Tabcorp Holdings, Ltd. 15,978 45,728
Tatts Group, Ltd. 25,590 71,741
Telstra Corp., Ltd. 83,023 336,808
Toll Holdings, Ltd. 12,353 56,486
Transurban Group 24,101 149,714
Wesfarmers, Ltd. 20,356 723,166
Wesfarmers, Ltd. (Price Protected Shares) 2,981 110,231
Westfield Group 41,867 439,676
Westfield Retail Trust 47,784 142,846
Westpac Banking Corp. 59,205 1,520,662
Woodside Petroleum, Ltd. 12,161 415,863

 

International Equity Index Trust A (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Australia (continued)    
Woolworths, Ltd. 22,874 $ 680,937
WorleyParsons, Ltd. 2,956 86,245
 
    17,109,010
Austria - 0.2%    
Andritz AG 1,366 77,549
Erste Group Bank AG (I) 3,990 89,433
Immoeast AG (I) 6,755 0
IMMOFINANZ AG (I) 10,132 36,803
OMV AG 2,190 76,751
Raiffeisen Bank International AG (L) 700 25,460
Telekom Austria AG 5,624 39,789
Verbund AG, Class A 1,380 28,589
Vienna Insurance Group AG 550 23,368
Voestalpine AG 2,319 69,678
 
    467,420
Belgium - 0.7%    
Ageas 4,754 94,053
Anheuser-Busch InBev NV 21,221 1,288,351
Belgacom SA 2,621 80,077
Colruyt SA (L) 1,254 54,707
Delhaize Group SA 1,944 75,135
Groupe Bruxelles Lambert SA 1,576 117,095
KBC Groep NV 2,918 70,406
Mobistar SA (I) 683 21,548
Solvay SA 1,105 128,310
Telenet Group Holding NV (I)(L) 1,064 47,580
UCB SA 1,759 96,800
Umicore SA 2,192 114,940
 
    2,189,002
Brazil - 1.5%    
All America Latina Logistica SA 8,400 34,723
Banco do Brasil SA 12,102 148,048
Banco Santander Brasil SA 11,780 86,116
BM&F Bovespa SA 30,300 183,093
BR Malls Participacoes SA 8,056 111,864
BR Properties SA 3,500 45,665
BRF - Brasil Foods SA 13,756 237,562
CCR SA 11,600 104,999
Centrais Eletricas Brasileiras SA 3,600 21,487
Cia de Saneamento Basico do Estado de    
Sao Paulo 2,558 104,717
Cia Siderurgica Nacional SA 16,000 90,132
Cielo SA 5,534 138,101
Companhia de Bebidas das Americas 13,935 534,029
Companhia Siderurgica Nacional SA, ADR (L) 200 1,126
Cosan SA Industria e Comercio 2,887 52,734
CPFL Energia SA 4,400 48,596
Cyrela Brazil Realty SA Empreendimentos    
e Participacoes 6,000 51,498
Duratex SA 4,982 32,660
EDP - Energias do Brasil SA 4,800 30,473
Empresa SA 12,500 83,919
Fibria Celulose SA (I) 2,814 25,582
Hypermarcas SA (I) 5,544 40,720
JBS SA (I) 9,071 30,069
Localiza Rent a Car SA 1,961 34,437
Lojas Renner SA 3,300 110,529
MMX Mineracao e Metalicos SA (I) 3,720 9,120
MRV Engenharia e Participacoes SA 7,455 44,607
Multiplan Empreendimentos Imobiliarios SA 1,514 44,578
Natura Cosmeticos SA 3,400 92,662
OGX Petroleo e Gas Participacoes SA (I) 28,200 85,549
Oi SA 3,314 16,217

 

173

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

International Equity Index Trust A (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Brazil (continued)    
Oi SA, ADR 4,053$ $ 16,293
Oi SA, Series C, ADR 250 1,240
PDG Realty SA Empreendimentos    
e Participacoes 20,914 39,409
Petroleo Brasileiro SA 54,015 620,816
Porto Seguro SA 2,616 26,312
Souza Cruz SA 8,000 108,521
Tim Participacoes SA 10,288 39,736
Tractebel Energia SA 2,800 44,198
Ultrapar Participacoes SA 6,000 134,991
Usinas Siderurgicas de Minas Gerais SA 3,000 17,196
Vale SA 28,300 509,393
 
    4,233,717
Canada - 8.2%    
Agnico-Eagle Mines, Ltd. 3,487 180,894
Agrium, Inc. 3,239 336,057
Alimentation Couche Tard, Inc. 3,100 142,466
ARC Resources, Ltd. (L) 2,700 65,639
Athabasca Oil Corp. (I) 4,200 56,308
Bank of Montreal (L) 12,191 720,473
Bank of Nova Scotia (L) 20,852 1,143,668
Barrick Gold Corp. 19,410 811,070
Baytex Energy Corp. (L) 2,200 104,551
BCE, Inc. (L) 5,238 230,438
Bombardier, Inc. (L) 36,262 136,107
Bonavista Energy Corp. (L) 1,500 26,610
Brookfield Asset Management, Inc. (L) 10,948 377,963
Brookfield Residential Properties, Inc. (I) 541 7,600
CAE, Inc. 5,584 59,810
Cameco Corp. (L) 8,634 168,183
Canadian Imperial Bank of Commerce (L) 7,870 616,007
Canadian National Railway Company 8,902 787,697
Canadian Natural Resources, Ltd. 21,216 654,543
Canadian Oil Sands, Ltd. 9,600 205,554
Canadian Pacific Railway, Ltd. 3,326 276,033
Canadian Tire Corp., Ltd. 1,446 104,078
Canadian Utilities, Ltd. 1,300 90,832
Cenovus Energy, Inc. 14,336 500,324
CGI Group, Inc. (I) 4,924 132,228
Chorus Aviation, Inc. 350 1,353
CI Financial Corp. (L) 2,467 57,014
Crescent Point Energy Corp. (L) 4,900 216,964
Eldorado Gold Corp. 11,900 181,447
Empire Company, Ltd. 300 18,059
Enbridge, Inc. (L) 14,048 548,717
Encana Corp. (L) 14,136 309,580
Enerplus Corp. (L) 3,600 59,689
Fairfax Financial Holdings, Ltd. 441 170,340
Finning International, Inc. 3,662 88,803
First Quantum Minerals, Ltd. 8,500 181,136
Fortis, Inc. (L) 3,000 102,319
Franco-Nevada Corp. (L) 2,200 129,682
George Weston, Ltd. 1,064 68,455
Gildan Activewear, Inc. 2,800 88,776
Goldcorp, Inc. (Toronto Exchange) 16,028 735,941
Great-West Lifeco, Inc. (L) 5,824 132,463
Husky Energy, Inc. (L) 5,748 154,473
IAMGOLD Corp. 7,200 114,178
IGM Financial, Inc. (L) 2,704 105,591
Imperial Oil, Ltd. 6,427 295,821
Industrial Alliance Insurance and    
Financial Services, Inc. 2,700 77,009
Inmet Mining Corp. 700 33,273
Intact Financial Corp. 2,400 145,987

 

International Equity Index Trust A (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Canada (continued)    
Kinross Gold Corp. 21,460 $ 219,599
Loblaw Companies, Ltd. (L) 2,763 96,007
Magna International, Inc. (L) 4,514 195,189
Manulife Financial Corp. (L)(O) 33,276 401,099
MEG Energy Corp. (I) 2,500 95,082
Metro, Inc. (L) 1,800 106,927
National Bank of Canada (L) 3,532 267,298
New Gold, Inc (I) 8,300 101,734
Nexen, Inc. 10,936 276,987
Onex Corp. 1,568 61,884
Open Text Corp. (I) 1,300 71,684
Osisko Mining Corp. (I) 6,800 67,371
Pacific Rubiales Energy Corp. (L) 5,600 133,805
Pan American Silver Corp. 2,000 42,885
Pembina Pipeline Corp. (L) 3,500 98,261
Pengrowth Energy Trust (L) 6,300 42,487
Penn West Petroleum, Ltd. (L) 9,297 132,301
Petrobank Energy & Resources, Ltd. (I) 2,100 29,457
Potash Corp. of Saskatchewan, Inc. 15,967 693,998
Power Corp. of Canada (L) 7,583 184,349
Power Financial Corp. (L) 5,478 141,589
Precision Drilling Corp. (I) 4,600 36,169
Progress Energy Resources Corp. (I) 1,900 42,325
Research In Motion, Ltd. (I)(L) 10,200 78,023
RioCan Real Estate Investment Trust 2,400 67,550
Ritchie Brothers Auctioneers, Inc. (L) 1,300 25,006
Rogers Communications, Inc., Class B (L) 8,058 326,222
Royal Bank of Canada (L) 27,824 1,600,213
Saputo, Inc. (L) 2,500 107,441
Shaw Communications, Inc., Class B (L) 7,198 147,313
Shoppers Drug Mart Corp. (L) 4,644 193,346
Silver Wheaton Corp. 6,800 270,312
SNC-Lavalin Group, Inc. 3,387 130,746
Sun Life Financial, Inc. (Toronto    
Stock Exchange) (L) 12,048 279,662
Suncor Energy, Inc. 30,314 997,208
Talisman Energy, Inc. 22,474 300,385
Teck Resources, Ltd. 11,547 340,737
TELUS Corp., Non-Voting Shares 2,956 184,919
The Toronto-Dominion Bank (L) 17,250 1,438,641
Thomson Reuters Corp. (L) 7,366 212,940
Tim Hortons, Inc. 3,600 187,342
TMX Group Ltd. (I) 114 5,830
Tourmaline Oil Corp. (I) 2,200 68,679
TransAlta Corp. (L) 5,479 83,876
TransCanada Corp. (L) 13,550 616,648
Turquoise Hill Resources, Ltd. (I) 8,538 72,692
Valeant Pharmaceuticals International, Inc. (I) 5,550 306,320
Vermilion Energy, Inc. (L) 800 37,595
Viterra, Inc. 5,800 95,044
Yamana Gold, Inc. (L) 15,306 292,388
 
    23,957,768
Chile - 0.4%    
Banco Santander Chile, ADR 2,180 159,663
Cia Cervecerias Unidas SA, ADR 1,245 88,806
Empresa Nacional de Electricidad SA, ADR 4,420 211,983
Enersis SA, ADR 11,983 196,401
Latam Airlines Group SA 2,295 57,170
Latam Airlines Group SA, ADR (L) 4,785 120,965
Sociedad Quimica y Minera de    
Chile SA, ADR (L) 2,625 161,805
Vina Concha Y Toro SA, ADR (L) 1,297 53,994
 
    1,050,787

 

174

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

International Equity Index Trust A (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
China - 3.0%    
Agile Property Holdings, Ltd. 37,800 $ 42,582
Agricultural Bank of China, Ltd., H Shares 370,000 143,921
Air China, Ltd., H Shares 62,000 38,969
Aluminum Corp. of China, Ltd., H Shares (I) 104,000 42,337
Angang Steel Company, Ltd., H Shares (I) 23,960 12,282
Anhui Conch Cement Company, Ltd., H Shares 30,000 93,115
Anta Sports Products, Ltd. 17,000 13,008
Bank of China, Ltd., H Shares 1,277,077 485,745
Bank of Communications Company, Ltd.,    
H Shares (I) 181,780 122,868
BBMG Corp., H Shares 22,000 16,794
Beijing Capital International Airport    
Company, Ltd., H Shares 60,000 40,168
Byd Company, Ltd., H Shares (I) 13,400 23,268
China BlueChemical, Ltd., H Shares 54,000 31,678
China Citic Bank Corp., Ltd., H Shares (I) 158,400 74,616
China Coal Energy Company, Ltd., H Shares 88,000 79,871
China Communications Construction    
Company, Ltd., H Shares 109,535 88,167
China Communications Services Corp., Ltd.,    
H Shares 43,200 25,123
China Construction Bank Corp., H Shares 1,155,346 798,371
China COSCO Holdings Company, Ltd.,    
H Shares (I) 64,835 26,436
China Dongxiang Group Company 77,000 8,207
China International Marine Containers Co., Ltd. 5,200 6,471
China Life Insurance Company, Ltd., H Shares 142,000 409,058
China Longyuan Power Group Corp., H Shares 45,000 29,490
China Merchants Bank Company, Ltd.,    
H Shares 86,535 144,908
China Minsheng Banking Corp., Ltd.,    
H Shares (L) 101,400 79,674
China National Building Material    
Company, Ltd., H Shares 68,000 74,819
China Oilfield Services, Ltd., H Shares 32,000 58,096
China Pacific Insurance Group Company, Ltd.,    
H Shares 35,700 107,426
China Petroleum & Chemical Corp., H Shares 354,000 328,902
China Railway Construction Corp., H Shares (I) 41,500 37,300
China Railway Group, Ltd., H Shares 104,000 45,342
China Shenhua Energy Company, Ltd.,    
H Shares 65,000 250,099
China Shipping Container Lines Company, Ltd.,    
H Shares (I) 72,650 14,703
China Shipping Development Company, Ltd.,    
H Shares 30,000 12,394
China Telecom Corp., Ltd., H Shares 304,000 175,965
China Vanke Co., Ltd. 23,800 29,841
China Yurun Food Group, Ltd. (I)(L) 28,600 20,529
China Zhongwang Holdings, Ltd. (I)(L) 32,400 12,183
CITIC Securities Company, Ltd. 11,000 19,308
CNOOC, Ltd. 342,984 695,938
Country Garden Holdings Company (I) 85,998 33,447
CSR Corp., Ltd., H Shares 43,000 28,322
Datang International Power Generation    
Company, Ltd., H Shares 78,000 26,202
Dongfang Electric Corp. Ltd., H Shares 8,000 10,849
Dongfeng Motor Group Company, Ltd.,    
H Shares 72,000 83,760
ENN Energy Holdings, Ltd. 20,000 84,194
Evergrande Real Estate Group, Ltd. 113,959 44,981
Fosun International, Ltd. 30,500 14,670
Golden Eagle Retail Group, Ltd. 21,000 41,099
Guangzhou Automobile Group Company, Ltd.,    
H Shares 57,831 37,812

 

International Equity Index Trust A (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
China (continued)    
Guangzhou R&F Properties Company, Ltd.,    
H Shares 24,800 $ 28,544
Hengan International Group Company, Ltd. 13,000 122,701
Huaneng Power International, Inc., H Shares 88,000 66,815
Industrial & Commercial Bank of China,    
H Shares 1,122,957 660,332
Inner Mongolia Yitai Coal Co. 12,400 66,603
Jiangsu Expressway, Ltd., H Shares 32,000 26,777
Jiangxi Copper Company Ltd. (I) 30,000 75,500
Lenovo Group, Ltd. 126,000 104,342
Longfor Properties Company, Ltd. 23,100 35,628
Metallurgical Corp. of China, Ltd., H Shares (I) 53,000 10,577
Parkson Retail Group, Ltd. 36,500 30,505
PetroChina Company, Ltd., H Shares 402,000 521,963
PICC Property & Casualty Company, Ltd.,    
H Shares 54,000 66,028
Ping An Insurance Group Company, H Shares 31,000 233,423
Renhe Commercial Holdings Company, Ltd. (I) 160,000 6,462
Semiconductor    
Manufacturing International Corp. (I) 387,000 13,911
Shandong Weigao Group Medical Polymer    
Company, Ltd., H Shares 32,000 41,343
Shanghai Electric Group Company, Ltd.,    
H Shares (I) 90,000 31,883
Shui On Land, Ltd. 75,456 28,396
Sino-Ocean Land Holdings, Ltd. 90,663 51,229
Sinopec Shanghai Petrochemical    
Company, Ltd., H Shares 52,000 13,375
Sinopharm Group Company, Ltd., H Shares 12,000 38,356
Soho China, Ltd. 66,000 40,532
Sun Art Retail Group, Ltd. 42,500 52,816
Tencent Holdings, Ltd. 19,300 655,904
Tingyi Cayman Islands Holding Corp. 44,000 131,938
Tsingtao Brewery Company, Ltd., H Shares 8,000 43,990
Want Want China Holdings, Ltd. 121,000 154,616
Weichai Power Company, Ltd., H Shares 12,000 36,699
Wumart Stores, Inc., H Shares 14,000 21,007
Yangzijiang Shipbuilding Holdings, Ltd. 27,000 21,438
Yanzhou Coal Mining Company, Ltd., H Shares 50,000 75,793
Zhejiang Expressway Company, Ltd., H Shares 36,000 25,038
Zijin Mining Group Company, Ltd., H Shares 161,853 65,107
ZTE Corp., H Shares 14,620 23,278
 
    8,788,157
Colombia - 0.3%    
Bancolombia SA, ADR (L) 9,325 556,796
Ecopetrol SA, ADR 4,500 265,185
Petrominerales, Ltd. (L) 1,289 10,437
 
    832,418
Czech Republic - 0.1%    
CEZ AS 3,072 114,585
Komercni Banka AS 264 52,681
Telefonica Czech Republic AS (I) 3,005 60,759
 
    228,025
Denmark - 0.8%    
A P Moller Maersk A/S 9 61,072
A P Moller Maersk A/S, Series A 24 172,028
Carlsberg A/S 2,052 181,953
Coloplast A/S 392 81,662
Danske Bank A/S (I) 13,197 238,506
DSV A/S, ADR 3,980 89,559
Novo Nordisk A/S 7,981 1,259,674
Novozymes A/S, B shares 4,820 132,952
TDC A/S 7,400 53,933

 

175

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

International Equity Index Trust A (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Denmark (continued)    
Tryg A/S 702 $ 45,626
William Demant Holdings A/S (I) 582 52,196
 
    2,369,161
Egypt - 0.1%    
Commercial International Bank 12,754 72,391
Egypt Kuwait Holding Company 11,363 15,225
Egyptian Financial Group-Hermes Holding (I) 4,121 8,138
Orascom Construction Industries 1,338 63,020
Orascom Telecom Holding SAE (I) 35,950 22,171
Talaat Moustafa Group (I) 15,481 14,067
Telecom Egypt 3,596 8,588
 
    203,600
Finland - 0.5%    
Elisa OYJ, Class A 3,307 74,849
Fortum OYJ 8,513 156,980
Kesko OYJ, B Shares 1,369 38,785
Kone OYJ 2,984 206,944
Metso OYJ (I) 2,238 80,402
Neste Oil OYJ 2,457 32,314
Nokia OYJ (L) 71,776 184,877
Nokian Renkaat OYJ 1,470 60,053
Orion OYJ, Series B 1,114 23,868
Pohjola Bank OYJ 1,284 16,945
Sampo OYJ 7,663 239,029
Stora Enso OYJ, Series R (L) 9,923 61,627
UPM-Kymmene OYJ 9,899 112,302
Wartsila OYJ, Abp 2,989 103,878
 
    1,392,853
France - 5.7%    
Accor SA 2,827 94,586
Aeroports de Paris 392 31,302
Air Liquide SA 6,070 753,962
Alcatel-Lucent (I)(L) 48,917 54,191
Alstom SA 4,293 151,099
ANF Immobilier 13 535
Arkema SA 1,111 104,364
AtoS 908 63,425
AXA SA 33,355 498,421
BNP Paribas SA 18,105 865,336
Bouygues SA 3,401 83,291
Bureau Veritas SA 1,095 112,392
Cap Gemini SA 2,507 106,442
Carrefour SA 11,506 239,209
Casino Guichard Perrachon SA 782 69,338
Christian Dior SA 1,103 148,434
Cie de Saint-Gobain 7,698 271,354
Cie Generale d’Optique    
Essilor International SA 3,846 360,653
Cie Generale de Geophysique-Veritas (I)(L) 2,600 82,192
Cie Generale des Etablissements Michelin 3,603 283,252
CNP Assurances 2,954 38,643
Credit Agricole SA (I) 20,273 140,787
Danone SA 11,336 699,030
Dassault Systemes SA 1,174 123,675
Edenred 3,247 91,398
Electricite de France SA 4,490 94,280
Eurazeo 457 20,995
Eutelsat Communications 1,283 41,210
Fonciere Des Regions 516 38,843
France Telecom SA 36,008 435,306
GDF Suez (L) 24,721 554,006
Gecina SA 200 20,511
Groupe Eurotunnel SA 9,550 67,407

 

International Equity Index Trust A (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
France (continued)    
ICADE 399 $ 32,565
Iliad SA 328 53,452
Imerys SA 374 22,022
JCDecaux SA 1,379 31,372
Klepierre 1,924 67,559
L’Oreal SA 4,607 570,717
Lafarge SA 3,854 208,447
Lagardere SCA 1,664 45,578
Legrand SA 3,960 149,677
LVMH Moet Hennessy Louis Vuitton SA 4,872 734,713
Natixis 16,444 52,006
Pernod-Ricard SA 3,806 427,703
Peugeot SA (I)(L) 4,039 32,030
PPR 1,458 224,401
Publicis Groupe SA 2,723 152,673
Remy Cointreau SA 419 48,188
Renault SA 3,684 173,637
Rexel SA 2,018 40,689
Safran SA 2,595 93,540
Sanofi 21,764 1,859,282
Schneider Electric SA 9,490 563,663
SCOR SE 3,147 81,078
Societe BIC SA 290 35,086
Societe Generale SA (I) 12,253 349,485
Sodexo 1,747 131,684
Suez Environnement Company 5,362 60,860
Technip SA 1,902 212,224
Thales SA 1,269 43,703
Total SA 40,683 2,023,527
Unibail-Rodamco SE 1,762 351,785
Vallourec SA 2,369 100,556
Veolia Environnement SA 8,370 90,168
Vinci SA 8,572 366,350
Vivendi SA 24,696 482,865
Zodiac Aerospace 640 62,431
 
    16,715,585
Germany - 5.2%    
Adidas AG 4,115 337,937
Allianz SE 8,631 1,027,702
BASF SE 17,473 1,476,425
Bayer AG 15,727 1,353,181
Bayerische Motoren Werke AG 6,407 469,703
Beiersdorf AG 1,584 116,349
Celesio AG 1,628 29,048
Commerzbank AG (I) 23,457 42,046
Continental AG 1,605 157,457
Daimler AG 17,225 835,472
Deutsche Bank AG 17,669 699,258
Deutsche Boerse AG 3,856 213,547
Deutsche Lufthansa AG 4,195 56,981
Deutsche Post AG 15,761 308,136
Deutsche Telekom AG 53,377 656,897
E.ON AG 34,232 813,525
Fraport AG Frankfurt Airport    
Services Worldwide 459 26,586
Fresenius Medical Care AG & Company KGaA 3,743 274,721
Fresenius SE & Company KGaA 1,988 230,995
GEA Group AG 2,970 89,992
Hannover Rueckversicherung AG 1,132 72,423
HeidelbergCement AG 2,513 131,937
Henkel AG & Company, KGaA 2,630 171,670
Hochtief AG (I) 800 37,550
Hugo Boss AG 389 34,267
Infineon Technologies AG 21,217 134,629

 

176

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

International Equity Index Trust A (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Germany (continued)    
K&S AG 3,164 $ 155,907
Kabel Deutschland Holding AG 1,445 103,239
Lanxess AG 1,680 139,469
Linde AG 3,271 563,946
MAN SE 2,077 190,382
Merck KGaA 1,128 139,221
Metro AG 2,502 74,893
Muenchener Rueckversicherungs AG 3,390 529,704
RWE AG 8,320 372,893
Salzgitter AG 698 27,012
SAP AG 17,495 1,240,594
Siemens AG 15,656 1,563,437
Suedzucker AG 1,402 49,670
ThyssenKrupp AG 6,339 134,966
United Internet AG 1,822 37,174
Volkswagen AG 514 86,079
Wacker Chemie AG 304 19,535
 
    15,226,555
Greece - 0.0%    
Coca Cola Hellenic Bottling Company SA (I) 4,700 87,733
OPAP SA 4,410 22,728
 
    110,461
Hong Kong - 2.9%    
AIA Group, Ltd. 157,800 582,768
ASM Pacific Technology, Ltd. 2,086 24,662
Bank of East Asia, Ltd. (L) 28,373 105,924
Beijing Enterprises Holdings, Ltd. 10,000 66,625
Belle International Holdings, Ltd. 95,882 172,215
BOC Hong Kong Holdings, Ltd. 68,000 215,474
Brilliance China Automotive Holdings, Ltd. (I) 50,000 54,982
Cathay Pacific Airways, Ltd. (I) 14,000 22,723
Cheung Kong Holdings, Ltd. 27,151 396,401
Cheung Kong Infrastructure Holdings, Ltd. 9,000 54,624
China Agri-Industries Holdings, Ltd. 44,000 24,820
China Everbright, Ltd. 22,000 27,351
China Mengniu Dairy Company, Ltd. 24,000 72,064
China Merchants Holdings    
International Company, Ltd. 30,742 94,525
China Mobile, Ltd. 116,000 1,286,244
China Overseas Land & Investment, Ltd. 89,360 227,105
China Resource Power Holdings, Ltd. 36,200 79,090
China Resources Enterprises, Ltd. 26,000 86,474
China Resources Land, Ltd. 44,000 96,468
China Taiping Insurance    
Holdings Company, Ltd. (I) 16,000 24,927
China Unicom Hong Kong, Ltd. 82,550 134,598
Citic Pacific, Ltd. 24,000 28,600
CLP Holdings, Ltd. 37,111 315,502
COSCO Pacific, Ltd. 26,240 36,808
First Pacific Company, Ltd. 42,000 45,529
Foxconn International Holdings, Ltd. (I) 26,000 8,516
Franshion Properties China, Ltd. 74,000 22,524
GCL-Poly Energy Holdings, Ltd. (L) 161,000 24,551
Geely Automobile Holdings Company, Ltd. (L) 75,000 28,484
GOME Electrical Appliances Holdings, Ltd. 169,920 17,888
Guangdong Investment, Ltd. 52,000 40,816
Hang Lung Group, Ltd. 11,000 69,552
Hang Lung Properties, Ltd. 46,000 157,072
Hang Seng Bank, Ltd. 14,100 216,095
Henderson Land Development Company, Ltd. 16,956 121,062
HKT Trust and HKT, Ltd. 1,891 1,604
Hong Kong & China Gas Company, Ltd. 96,173 241,925
Hong Kong Exchanges & Clearing, Ltd. 20,982 315,534

 

International Equity Index Trust A (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Hong Kong (continued)    
Hopewell Holdings, Ltd. 6,638 $ 22,842
Huabao International Holdings, Ltd. (L) 30,000 16,974
Hutchison Whampoa, Ltd. 41,423 399,267
Hysan Development Company, Ltd. 13,879 62,922
Kerry Properties, Ltd. 10,000 50,466
Kingboard Chemical Holdings, Ltd. 16,228 38,677
Kunlun Energy Company, Ltd. 50,000 87,483
Lee & Man Paper Manufacturing, Ltd. 36,000 15,620
Li & Fung, Ltd. 97,658 151,132
Lifestyle International Holdings, Ltd. 4,500 9,255
MGM China Holdings, Ltd. 17,826 30,765
MTR Corp., Ltd. 25,572 96,930
New World Development Company, Ltd. 62,333 95,958
Nine Dragons Paper Holdings, Ltd. 44,000 22,219
Noble Group, Ltd. 62,892 67,522
NWS Holdings, Ltd. 15,860 25,558
Orient Overseas International, Ltd. 1,938 10,640
PCCW, Ltd. 87,000 35,500
Poly Property Group Company, Ltd. (I) 26,000 13,862
Power Assets Holdings, Ltd. 25,500 216,326
Shanghai Industrial Holdings, Ltd. 14,000 41,478
Shangri-La Asia, Ltd. 17,282 33,527
Shimao Property Holdings, Ltd. (I) 33,500 57,322
Shougang Fushan Resources Group, Ltd. 80,000 21,353
Sino Land Company, Ltd. 26,458 49,198
Sino-Forest Corp. (I)(L) 4,600 0
Sinofert Holdings, Ltd. 54,000 10,527
Skyworth Digital Holdings, Ltd. (L) 41,146 19,368
Sun Hung Kai Properties, Ltd. 28,474 416,877
Swire Pacific, Ltd. 13,500 164,813
The Link REIT 36,510 172,761
Wharf Holdings, Ltd. 29,000 199,282
Wheelock and Company, Ltd. 17,000 72,970
Wing Hang Bank, Ltd. 3,625 33,978
Yue Yuen Industrial Holdings, Ltd. 8,000 26,916
 
    8,332,414
Hungary - 0.1%    
Magyar Telekom Telecommunications PLC 10,442 20,017
MOL Hungarian Oil and Gas PLC 750 62,212
OTP Bank PLC (L) 4,462 78,565
Richter Gedeon Nyrt 298 52,139
 
    212,933
India - 1.5%    
Dr. Reddy’s Laboratories, Ltd., ADR 2,151 66,380
HDFC Bank, Ltd., ADR (L) 9,800 368,284
ICICI Bank, Ltd., ADR 18,525 743,594
Infosys, Ltd., ADR (L) 24,265 1,177,823
Larsen & Toubro, Ltd., GDR (S) 9,329 282,426
Ranbaxy Laboratories, Ltd., GDR (I) 2,771 27,031
Reliance Capital, Ltd., GDR (S) 2,246 18,372
Reliance Communication, Ltd., GDR (S) 31,056 38,155
Reliance Industries, Ltd., GDR (S) 30,655 965,019
Reliance Infrastructure, Ltd., GDR (S) 708 21,649
State Bank of India, GDR 1,411 121,558
Tata Motors, Ltd., ADR (L) 9,689 248,814
Ultratech Cement, Ltd., GDR (L) 274 10,223
Wipro, Ltd., ADR (L) 18,054 161,583
 
    4,250,911
Indonesia - 0.6%    
Adaro Energy Tbk PT 129,500 20,178
Astra Agro Lestari Tbk PT 4,842 11,065
Astra International Tbk PT 390,170 301,257
Bank Central Asia Tbk PT 233,726 192,253

 

177

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

International Equity Index Trust A (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Indonesia (continued)    
Bank Danamon Indonesia Tbk PT 98,924 $ 64,438
Bank Mandiri Persero Tbk PT 210,726 179,779
Bank Rakyat Indonesia Persero Tbk PT 279,998 216,838
Bumi Resources Tbk PT 451,220 34,160
Gudang Garam Tbk PT 13,000 63,033
Indo Tambangraya Megah Tbk PT 5,500 24,118
Indocement Tunggal Prakarsa Tbk PT 27,013 57,367
Indofood Sukses Makmur Tbk PT 130,595 76,826
Indosat Tbk PT 23,500 13,271
Perusahaan Gas Negara Persero Tbk PT 279,515 120,159
Semen Gresik Persero Tbk PT 12,360 18,559
Tambang Batubara Bukit Asam Persero Tbk PT 21,000 35,375
Telekomunikasi Indonesia Persero Tbk PT 173,500 170,630
Unilever Indonesia Tbk PT 43,000 116,430
United Tractors Tbk PT 44,983 96,710
Vale Indonesia Tbk PT 77,500 23,767
 
    1,836,213
Ireland - 0.6%    
Bank of Ireland (I) 52,722 6,609
C&C Group PLC 226 1,075
CRH PLC 1,601 30,855
CRH PLC (London Exchange) 16,561 319,667
Elan Corp. PLC (I) 1,399 15,070
Experian PLC 19,396 322,761
Irish Bank Resolution Corp., Ltd. (I) 15,416 0
James Hardie Industries, Ltd. 7,997 71,848
Kerry Group PLC (London Exchange) 3,278 166,268
Ryanair Holdings PLC, ADR (I) 1,203 38,797
Shire PLC 10,795 319,525
WPP PLC 24,343 331,448
 
    1,623,923
Israel - 0.4%    
Bank Hapoalim, Ltd. (I) 25,834 92,048
Bank Leumi Le-Israel, Ltd. (I) 23,381 65,163
Bezeq The    
Israeli Telecommunication Corp., Ltd. 32,563 37,843
Delek Group, Ltd. 32 5,345
Israel Chemicals, Ltd. 8,453 102,593
Israel Corp., Ltd. 23 14,572
Mellanox Technologies, Ltd. (I) 667 69,346
Mizrahi Tefahot Bank, Ltd. (I) 3,560 31,499
Nice Systems, Ltd. (I) 1,795 59,905
Teva Pharmaceutical Industries, Ltd. 17,489 724,034
 
    1,202,348
Italy - 1.4%    
Assicurazioni Generali SpA 23,431 337,880
Atlantia SpA 6,758 105,171
Autogrill SpA 1,731 16,494
Banca Monte dei Paschi di Siena SpA (I)(L) 68,923 19,937
Banco Popolare SC (I) 26,928 40,531
Enel SpA 126,157 447,235
Eni SpA (L) 47,421 1,040,467
Exor SpA 1,040 26,254
Fiat Industrial SpA 14,655 143,756
Fiat SpA (I) 16,787 89,945
Finmeccanica SpA (I)(L) 7,373 35,145
Intesa Sanpaolo SpA 193,130 295,364
Intesa Sanpaolo SpA (Italian Exchange) 17,851 23,196
Luxottica Group SpA 2,012 71,007
Mediaset SpA 20,023 37,738
Mediobanca SpA 8,503 45,624
Mondadori (Arnoldo) Editore SpA (I) 29 37
Pirelli & C. SpA (L) 3,714 40,129

 

International Equity Index Trust A (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Italy (continued)    
Prelios SpA (I) 3,714 $ 462
Prysmian SpA 2,628 47,046
Saipem SpA 5,074 244,451
Snam SpA 31,977 141,937
Telecom Italia SpA 180,003 180,880
Telecom Italia SpA 125,634 110,185
Terna Rete Elettrica Nazionale SpA 22,829 85,224
UniCredit SpA (I) 77,575 324,272
Unione di Banche Italiane SCPA 15,304 56,826
 
    4,007,193
Japan - 13.3%    
Advantest Corp. 2,820 36,632
Aeon Company, Ltd. 11,196 126,418
AEON Credit Service Company, Ltd. (L) 2,023 43,522
Aeon Mall Company, Ltd. 1,300 31,799
Air Water, Inc. 2,000 24,489
Aisin Seiki Company, Ltd. 4,421 125,645
Ajinomoto Company, Inc. (L) 14,695 230,136
Alfresa Holdings Corp. 600 29,572
All Nippon Airways Company, Ltd. (L) 8,285 17,407
Amada Company, Ltd. 4,171 18,261
Aozora Bank, Ltd. 10,000 30,606
Asahi Glass Company, Ltd. 20,809 138,531
Asahi Group Holdings, Ltd. 7,099 174,948
Asahi Kasei Corp. (L) 28,037 144,693
Asics Corp. 2,900 39,106
Astellas Pharma, Inc. (L) 8,305 421,817
Benesse Holdings, Inc. 1,046 50,613
Bridgestone Corp. 12,747 295,404
Brother Industries, Ltd. 4,300 39,854
Canon, Inc. 21,426 685,692
Casio Computer Company, Ltd. (L) 2,767 19,490
Central Japan Railway Company, Ltd. 3,200 280,700
Chiyoda Corp. 3,000 46,632
Chubu Electric Power Company, Inc. 13,523 176,182
Chugai Pharmaceutical Company, Ltd. 3,984 83,427
Citizen Holdings Company, Ltd. 2,965 14,982
Cosmo Oil Company, Ltd. 10,000 18,216
Credit Saison Company, Ltd. (L) 1,809 43,711
Dai Nippon Printing Company, Ltd. 11,047 76,963
Daicel Corp. 6,000 35,963
Daido Steel Company, Ltd. 3,000 13,943
Daihatsu Motor Company, Ltd. 4,000 66,680
Daiichi Sankyo Company, Ltd. (L) 12,528 207,015
Daikin Industries, Ltd. 5,185 134,313
Dainippon Sumitomo    
Pharma Company, Ltd. (L) 3,500 38,465
Daito Trust Construction Company, Ltd. 1,581 158,990
Daiwa House Industry Company, Ltd. (L) 10,285 149,231
Daiwa Securities Group, Inc. (L) 33,649 127,932
Dena Company, Ltd. 1,500 49,377
Denki Kagaku Kogyo KK 7,523 23,309
Denso Corp. 9,378 294,299
Dentsu, Inc. 4,200 106,505
East Japan Railway Company 6,600 437,096
Eisai Company, Ltd. (L) 4,648 209,193
Electric Power Development Company, Ltd. 2,400 62,891
FamilyMart Company, Ltd. 740 36,389
FANUC Corp. 3,621 583,186
Fast Retailing Company, Ltd. 1,034 239,504
Fuji Electric Company, Ltd. 3,580 7,287
Fuji Heavy Industries, Ltd. 14,000 116,133
FUJIFILM Holdings Corp. (L) 9,233 154,605
Fujitsu, Ltd. (L) 35,379 132,720

 

178

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

International Equity Index Trust A (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Japan (continued)    
Fukuoka Financial Group, Inc. 13,000 $ 52,780
Furukawa Electric Company, Ltd. (I) 9,000 16,908
Gree, Inc. (L) 1,800 32,796
GS Yuasa Corp. 4,000 16,658
Hakuhodo DY Holdings, Inc. 440 29,644
Hamamatsu Photonics KK 1,300 44,635
Hankyu Hanshin Holdings, Inc. 21,000 113,342
Hino Motors, Ltd. 5,114 33,459
Hirose Electric Company, Ltd. (L) 717 79,884
Hisamitsu Pharmaceutical Company, Inc. 1,200 66,216
Hitachi Chemical, Ltd. 1,316 17,777
Hitachi Construction    
Machinery Company, Ltd. (L) 2,157 34,879
Hitachi High-Technologies Corp. 1,700 40,986
Hitachi Metals, Ltd. 2,000 17,610
Hitachi, Ltd. (L) 88,882 493,881
Hokkaido Electric Power Company, Inc. 2,332 18,697
Hokuriku Electric Power Company 2,700 32,706
Honda Motor Company, Ltd. 30,838 946,255
Hoya Corp. (L) 9,008 197,849
Ibiden Company, Ltd. 1,800 26,287
Idemitsu Kosan Company, Ltd. 300 24,476
IHI Corp. 15,866 35,346
Inpex Corp. 43 254,718
Isetan Mitsukoshi Holdings, Ltd. 6,276 65,429
Isuzu Motors, Ltd. 22,000 106,178
ITOCHU Corp. (L) 28,198 285,636
Itochu Techno-Science Corp. 252 13,106
J Front Retailing Company, Ltd. 9,000 50,486
Japan Prime Realty Investment Corp. 13 39,168
Japan Real Estate Investment Corp. 10 100,688
Japan Retail Fund Investment Corp. 36 64,333
Japan Tobacco, Inc. 17,400 521,488
JFE Holdings, Inc. 9,938 131,012
JGC Corp. (L) 3,114 103,883
JSR Corp. 2,867 46,994
JTEKT Corp. 2,457 19,409
Jupiter Telecommunications Company, Ltd. 20 20,300
JX Holdings, Inc. (L) 43,000 235,082
Kajima Corp. 14,809 40,397
Kamigumi Company, Ltd. 3,466 28,534
Kaneka Corp. 6,000 28,893
Kansai Paint Company, Ltd. 2,762 30,427
Kao Corp. (L) 10,338 304,667
Kawasaki Heavy Industries, Ltd. 21,037 41,744
Kawasaki Kisen Kaisha, Ltd. (I) 9,933 12,461
KDDI Corp. (L) 5,700 441,644
Keikyu Corp. 8,933 84,229
Keio Corp. (L) 8,285 62,405
Keisei Electric Railway Company, Ltd. 3,000 27,093
Keyence Corp. 852 217,654
Kikkoman Corp. 1,762 24,084
Kintetsu Corp. (L) 30,208 118,408
Kirin Holdings Company, Ltd. 16,104 215,334
Kobe Steel, Ltd. (I) 56,483 44,111
Koito Manufacturing Company, Ltd. 2,000 23,096
Komatsu, Ltd. 19,170 377,154
Konami Corp. 1,757 39,933
Konica Minolta Holdings, Inc. 10,109 77,643
Kubota Corp. 22,218 224,749
Kuraray Company, Ltd. (L) 6,200 70,432
Kurita Water Industries, Ltd. 1,981 43,866
Kyocera Corp. (L) 2,962 256,376
Kyowa Hakko Kogyo Company, Ltd. 4,862 58,728
Kyushu Electric Power Company, Inc. 8,469 69,739

 

International Equity Index Trust A (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Japan (continued)    
Lawson, Inc. 869 $ 66,775
LIXIL Group Corp. 5,784 137,945
Mabuchi Motor Company, Ltd. 282 12,893
Makita Corp. 1,557 60,391
Marubeni Corp. (L) 34,798 221,888
Marui Group Company, Ltd. 2,436 17,251
Mazda Motor Corp. (I) 49,000 57,071
McDonald’s Holdings Company, Ltd. 1,100 31,293
Medipal Holdings Corp. 2,900 39,834
MEIJI Holdings Company, Ltd. 1,200 59,569
Miraca Holdings, Inc. 1,100 49,364
Mitsubishi Chemical Holdings Corp. 25,500 97,620
Mitsubishi Corp. (L) 26,744 485,865
Mitsubishi Electric Corp. 36,027 265,310
Mitsubishi Estate Company, Ltd. 25,218 482,452
Mitsubishi Gas & Chemicals Company, Inc. 7,000 35,135
Mitsubishi Heavy Industries, Ltd. 59,063 255,640
Mitsubishi Materials Corp. 13,980 44,029
Mitsubishi Motors Corp. (I)(L) 90,000 82,992
Mitsubishi Tanabe Pharma Corp. 3,000 45,623
Mitsubishi UFJ Financial Group 240,800 1,121,952
Mitsubishi UFJ Lease &    
Finance Company, Ltd. 660 27,809
Mitsui & Company, Ltd. (L) 34,189 480,658
Mitsui Chemicals, Inc. (L) 6,990 13,606
Mitsui Fudosan Company, Ltd. 15,752 315,219
Mitsui O.S.K. Lines, Ltd. 25,513 59,439
Mizuho Financial Group, Inc. (L) 444,800 720,013
MS&AD Insurance Group Holdings (L) 10,400 178,763
Murata Manufacturing Company, Ltd. 4,296 228,534
Nabtesco Corp. (L) 1,800 33,024
Namco Bandai Holdings, Inc. 3,367 56,858
NEC Corp. (I)(L) 46,617 73,665
Nexon Company, Ltd. (I) 2,000 27,525
NGK Insulators, Ltd. 4,171 49,927
NGK Spark Plug Company, Ltd. 1,762 18,524
NHK Spring Company, Ltd. 1,000 8,578
Nidec Corp. (L) 2,286 167,145
Nikon Corp. 7,219 198,468
Nintendo Company, Ltd. 1,892 237,912
Nippon Building Fund, Inc. 13 140,077
Nippon Electric Glass Company, Ltd. 6,000 32,909
Nippon Express Company, Ltd. 11,809 44,771
Nippon Meat Packers, Inc. (L) 2,000 25,670
Nippon Paper Group, Inc. (L) 1,500 17,688
Nippon Steel Corp. (L) 107,536 220,270
Nippon Telegraph & Telephone Corp. 8,000 379,613
Nippon Yusen KK (L) 25,923 45,799
Nissan Motor Company, Ltd. (L) 48,690 414,544
Nisshin Seifun Group, Inc. 1,614 19,847
Nisshin Steel Company 7,047 7,585
Nissin Food Products Company, Ltd. 916 35,911
Nitori Holdings Company, Ltd. 468 43,436
Nitto Denko Corp. 3,532 168,211
NKSJ Holdings, Inc. 7,500 146,720
NOK Corp. 1,492 23,866
Nomura Holdings, Inc. 70,907 253,202
Nomura Real Estate Holdings, Inc. 2,300 40,402
Nomura Real Estate Office Fund, Inc. 2 12,527
Nomura Research Institute, Ltd. 1,311 26,842
NSK, Ltd. 6,000 34,798
NTN Corp. 4,228 8,497
NTT Data Corp. 31 96,754
NTT DOCOMO, Inc. (L) 301 488,148
Obayashi Corp. 15,638 71,303

 

179

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

International Equity Index Trust A (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Japan (continued)    
Odakyu Electric Railway Company, Ltd. 11,695 $ 123,005
OJI Paper Company, Ltd. 14,809 45,135
Olympus Corp. (I)(L) 4,866 94,707
Omron Corp. 3,261 62,626
Ono Pharmaceutical Company, Ltd. 1,200 73,766
Oracle Corp. Japan 752 38,618
Oriental Land Company, Ltd. (L) 793 104,350
ORIX Corp. 2,186 219,197
Osaka Gas Company, Ltd. 33,845 149,159
Otsuka Corp. 100 8,930
Otsuka Holdings Company, Ltd. 4,600 142,628
Panasonic Corp. (L) 42,307 279,442
Rakuten, Inc. 13,200 134,311
Resona Holdings, Inc. 35,000 143,423
Ricoh Company, Ltd. (L) 12,399 104,589
Rinnai Corp. 652 48,359
Rohm Company, Ltd. 1,827 61,486
Sankyo Company, Ltd. 793 36,864
Sanrio Company, Ltd. (L) 900 31,983
Santen Pharmaceutical Company, Ltd. 1,200 55,107
SBI Holdings, Inc. 3,040 19,576
Secom Company, Ltd. (L) 4,590 239,269
Sega Sammy Holdings, Inc. 3,492 66,083
Seiko Epson Corp. (L) 2,700 16,162
Sekisui Chemical Company, Ltd. 8,228 66,285
Sekisui House, Ltd. 10,638 105,582
Seven & I Holdings Company, Ltd. 14,481 444,692
Seven Bank, Ltd. 11,400 34,753
Sharp Corp. (I)(L) 21,218 52,554
Shikoku Electric Power Company, Inc. 2,700 30,144
Shimadzu Corp. 5,000 34,932
Shimamura Company, Ltd. 276 32,087
Shimano, Inc. 1,069 77,831
Shimizu Corp. 7,695 25,920
Shin-Etsu Chemical Company, Ltd. (L) 7,911 444,714
Shinsei Bank, Ltd. 9,094 11,759
Shionogi & Company, Ltd. 6,823 103,907
Shiseido Company, Ltd. (L) 7,223 99,097
Showa Denko KK 23,000 36,515
Showa Shell Sekiyu KK 3,800 20,146
SMC Corp. 1,164 187,505
Softbank Corp. (L) 16,888 683,549
Sojitz Corp. 15,191 19,648
Sony Corp. (L) 20,042 233,990
Sony Financial Holdings, Inc. 2,200 37,478
Square Enix Company, Ltd. 600 9,153
Stanley Electric Company, Ltd. 1,808 26,760
Sumco Corp. (I) 2,300 15,483
Sumitomo Chemical Company, Ltd. (L) 35,446 90,298
Sumitomo Corp. (L) 23,466 316,419
Sumitomo Electric Industries, Ltd. (L) 16,599 175,323
Sumitomo Heavy Industries, Ltd. 8,000 27,341
Sumitomo Metal Industries, Ltd. (I)(L) 73,577 110,309
Sumitomo Metal Mining Company, Ltd. (L) 11,285 141,522
Sumitomo Mitsui Financial Group, Inc. (L) 25,400 790,165
Sumitomo Mitsui Trust Holdings, Inc. (L) 59,990 178,174
Sumitomo Realty &    
Development Company, Ltd. (L) 6,876 182,414
Sumitomo Rubber Industries, Ltd. 3,400 40,356
Suruga Bank, Ltd. 2,114 23,892
Suzuken Company, Ltd. 1,223 40,573
Suzuki Motor Corp. (L) 6,300 122,215
Sysmex Corp. 1,000 47,969
T&D Holdings, Inc. 11,900 128,734
Taiheiyo Cement Corp. 21,000 45,179

 

International Equity Index Trust A (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Japan (continued)    
Taisei Corp. 16,866 $ 48,394
Taisho Pharmaceutical Holdings Company, Ltd. 500 40,723
Taiyo Nippon Sanso Corp. 3,819 20,099
Takashimaya Company, Ltd. 6,000 41,075
Takeda Pharmaceutical Company, Ltd. (L) 15,049 692,806
TDK Corp. (L) 2,468 91,795
Teijin, Ltd. 12,104 29,602
Terumo Corp. (L) 3,203 137,813
The 77th Bank, Ltd. 6,523 27,001
The Bank of Kyoto, Ltd. 6,000 50,662
The Bank of Yokohama, Ltd. 27,684 131,093
The Chiba Bank, Ltd. 15,104 87,545
The Chugoku Bank, Ltd. 3,000 42,090
The Chugoku Electric Power Company, Inc. (L) 6,400 85,013
The Dai-ichi Life Insurance Company, Ltd. 173 196,181
The Gunma Bank, Ltd. 7,523 38,030
The Hachijuni Bank, Ltd. 6,000 33,075
The Iyo Bank, Ltd. 5,000 40,737
The Japan Steel Works, Ltd. 5,000 27,846
The Joyo Bank, Ltd. 9,047 44,066
The Kansai Electric Power Company, Ltd. 15,922 123,178
The Nishi-Nippon City Bank, Ltd. 4,000 9,272
The Shizuoka Bank, Ltd. (L) 11,342 116,087
THK Company, Ltd. 1,481 22,567
Tobu Railway Company, Ltd. 19,752 106,271
Toho Company, Ltd. 2,300 42,142
Toho Gas Company, Ltd. 6,000 39,834
Tohoku Electric Power Company, Inc. (I) 9,480 75,978
Tokio Marine Holdings, Inc. 13,600 347,156
Tokyo Electric Power Company, Inc. (I) 26,867 44,056
Tokyo Electron, Ltd. (L) 3,532 150,327
Tokyo Gas Company, Ltd. 50,835 280,049
Tokyu Corp. 20,866 99,709
Tokyu Land Corp. 5,171 27,673
TonenGeneral Sekiyu KK 4,171 36,097
Toppan Printing Company, Ltd. (L) 13,990 81,154
Toray Industries, Inc. 29,389 173,877
Toshiba Corp. (L) 78,711 251,873
Tosoh Corp. 10,000 18,950
TOTO, Ltd. 3,171 23,311
Toyo Seikan Kaisha, Ltd. 2,009 21,481
Toyo Suisan Kaisha, Ltd. 705 17,630
Toyoda Gosei Company, Ltd. 1,300 26,014
Toyota Boshoku Corp. 1,400 14,519
Toyota Industries Corp. 3,290 92,042
Toyota Motor Corp. 52,247 2,049,983
Toyota Tsusho Corp. (L) 3,500 74,796
Trend Micro, Inc. 1,733 48,374
Tsumura & Company, Ltd. 1,200 37,580
Ube Industries, Ltd. 18,037 38,800
Unicharm Corp. 2,058 118,156
Ushio, Inc. 2,257 27,110
USS Company, Ltd. 550 58,056
West Japan Railway Company 3,800 162,144
Yahoo Japan Corp. 332 126,416
Yakult Honsha Company, Ltd. (L) 1,300 61,617
Yamada Denki Company, Ltd. 1,676 73,450
Yamaguchi Financial Group, Inc. 3,000 24,287
Yamaha Corp. 1,926 17,856
Yamaha Motor Company, Ltd. 6,591 57,551
Yamato Transport Company, Ltd. (L) 9,080 143,750
Yamazaki Baking Company, Ltd. 1,409 18,838
Yaskawa Electric Corp. 5,000 33,433

 

180

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

International Equity Index Trust A (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Japan (continued)    
Yokogawa Electric Corp. 4,600 $ 53,134
   
    38,577,571
Jersey, C.I. - 0.1%    
Randgold Resources, Ltd. 1,888 232,506
Luxembourg - 0.3%    
APERAM 894 14,488
ArcelorMittal 16,537 238,418
Millicom International Cellular SA 1,329 123,396
Reinet Investments SCA (I) 1,493 27,854
SES SA 5,667 154,369
Tenaris SA 9,937 202,759
 
    761,284
Macau - 0.1%    
Sands China, Ltd. 37,200 137,888
Wynn Macau, Ltd. 34,972 94,631
 
    232,519
Malaysia - 0.8%    
Alliance Financial Group BHD 9,600 12,845
AMMB Holdings BHD 42,662 88,796
Axiata Group BHD 57,100 121,330
Berjaya Corp. BHD (Kuala Lumpur Exchange) 35,800 7,315
Berjaya Sports Toto BHD 5,742 8,131
British American Tobacco Malaysia BHD 2,000 39,491
CIMB Group Holdings BHD 82,500 202,385
DiGi.Com BHD 90,000 155,297
Gamuda BHD 39,100 43,993
Genting BHD 44,300 126,095
Genting Malaysia BHD 53,400 61,038
Genting Plantations BHD 10,500 31,588
Hong Leong Bank BHD 14,520 63,649
Hong Leong Financial Group BHD 8,300 32,198
IJM Corp. BHD 16,720 25,791
IOI Corp. BHD 83,169 135,479
Kuala Lumpur Kepong BHD 12,100 87,363
Lafarge Malayan Cement BHD 4,470 12,923
Malayan Banking BHD 64,088 188,785
Maxis BHD 35,100 79,448
MISC BHD (I) 32,040 44,493
MMC Corp. BHD 1,400 1,258
Parkson Holdings BHD 10,098 15,906
Petronas Dagangan BHD 1,400 10,282
Petronas Gas BHD 12,000 74,594
PPB Group BHD 12,900 50,884
Public Bank BHD 24,000 112,916
RHB Capital BHD 2,738 6,455
Sime Darby BHD 66,746 213,947
Telekom Malaysia BHD 17,100 34,519
Tenaga Nasional BHD 56,125 125,139
UMW Holdings BHD 21,400 69,929
YTL Corp. BHD 102,378 57,522
YTL Power International BHD 20,937 11,368
 
    2,353,152
Mexico - 1.1%    
Alfa SAB de CV, Class A 56,020 104,278
America Movil SAB de CV, Series L 733,644 934,742
Cemex SAB de CV (I) 211,182 175,715
Coca-Cola Femsa SAB de CV, Series L 6,253 80,977
Fomento Economico Mexicano SAB de CV 36,455 335,697
Fresnillo PLC 2,849 85,626
Grupo Aeroportuario del Pacifico SAB    
de CV, Series B (I) 9,900 41,610
Grupo Bimbo SAB de CV 26,232 65,479

 

International Equity Index Trust A (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Mexico (continued)    
Grupo Carso SAB de CV, Series A1 11,593 $ 39,620
Grupo Financiero Banorte SAB de CV, Series O 28,753 162,509
Grupo Financiero Inbursa SAB de CV, Series O 29,556 83,214
Grupo Mexico SAB de CV, Series B 80,627 266,465
Grupo Modelo SAB de CV 13,617 122,600
Grupo Televisa SA 49,383 232,878
Industrias Penoles SAB de CV 1,998 98,567
Kimberly-Clark de Mexico SAB de CV 30,900 73,795
Mexichem SAB de CV 14,523 69,265
Minera Frisco SAB de CV, Class A1 (I) 11,593 49,041
Wal-Mart de Mexico SAB de CV 96,658 272,213
 
    3,294,291
Netherlands - 3.2%    
Aegon NV 32,585 170,208
Akzo Nobel NV 4,437 251,331
ASML Holding NV (I) 8,002 428,962
Corio NV 1,124 47,938
Delta Lloyd NV 2,109 32,304
European Aeronautic Defence &    
Space Company NV 7,858 249,817
Fugro NV 1,335 91,044
Gemalto NV (L) 1,486 130,898
Heineken Holding NV 2,014 97,996
Heineken NV 4,968 296,700
ING Groep NV (I) 71,273 566,581
Koninklijke Ahold NV 21,373 267,930
Koninklijke Boskalis Westinster NV 1,200 43,502
Koninklijke DSM NV 3,041 152,018
Koninklijke KPN NV 18,778 143,763
Koninklijke Philips Electronics NV 20,020 468,119
Koninklijke Vopak NV 1,380 97,044
QIAGEN NV (I) 3,936 72,429
Randstad Holdings NV 2,339 77,954
Reed Elsevier NV 12,951 173,451
Royal Dutch Shell PLC, B Shares 50,067 1,780,797
Royal Dutch Shell PLC, Class A (London    
Stock Exchange) 71,552 2,478,070
SBM Offshore NV (I) 3,478 49,762
TNT Express NV 6,085 63,585
Unilever NV 30,772 1,090,077
Wolters Kluwer NV 5,680 106,980
 
    9,429,260
New Zealand - 0.1%    
Auckland International Airport, Ltd. 14,045 30,506
Contact Energy, Ltd. (I) 3,687 16,091
Fletcher Building, Ltd. 15,231 87,695
SKYCITY Entertainment Group, Ltd. 26,938 84,291
 
    218,583
Norway - 0.6%    
Aker Solutions ASA 3,694 70,266
DNB ASA 20,287 249,513
Kvaerner ASA 3,694 9,570
Norsk Hydro ASA 20,407 95,904
Orkla ASA 17,208 130,874
Seadrill, Ltd. 7,387 289,101
Statoil ASA 21,390 553,308
Telenor ASA 13,029 254,308
Yara International ASA 4,291 215,510
 
    1,868,354
Peru - 0.2%    
Compania de Minas Buenaventura SA 2,698 91,405
Compania de Minas Buenaventura SA, ADR 2,231 86,920

 

181

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

International Equity Index Trust A (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Peru (continued)    
Credicorp SA 1,295 $ 160,969
Credicorp, Ltd. 76 9,521
Southern Peru Copper Corp. 4,302 147,344
 
    496,159
Philippines - 0.2%    
Ayala Corp. 4,333 44,173
Ayala Land, Inc. 90,600 51,714
Bank of the Philippine Islands 13,328 25,472
BDO Unibank, Inc. (I) 17,621 27,353
Energy Development Corp. 36,498 5,311
Filinvest Land, Inc. 112,500 3,663
Globe Telecom, Inc. 140 3,882
Jollibee Foods Corp. 8,000 19,365
Manila Electric Company 13,252 80,758
Metropolitan Bank & Trust Company 13,697 30,322
Philippine Long Distance Telephone Company 1,220 81,313
SM Investments Corp. 3,768 65,696
SM Prime Holdings, Ltd. 71,145 24,151
 
    463,173
Poland - 0.3%    
Asseco Poland SA 710 9,925
Bank Handlowy w Warszawie SA 731 20,150
Bank Millennium SA (I) 8,840 10,711
Bank Pekao SA 2,951 145,740
BRE Bank SA (I) 413 40,783
Cyfrowy Polsat SA (I) 3,617 16,625
Eurocash SA 1,287 15,854
Firma Oponiarska Debica SA 118 1,786
Grupa Lotos SA (I) 517 5,066
KGHM Polska Miedz SA 2,775 132,613
PGE SA 7,645 44,145
Polski Koncern Naftowy Orlen SA (I) 8,548 121,391
Polskie Gornictwo    
Naftowe i Gazownictwo SA (I) 41,082 52,232
Powszechna Kasa Oszczednosci    
Bank Polski SA 15,367 171,080
Telekomunikacja Polska SA 17,687 90,874
TVN SA 1,422 3,087
 
    882,062
Portugal - 0.1%    
Banco Espirito Santo SA (I)(L) 29,929 21,764
EDP - Energias de Portugal SA 46,778 129,020
Galp Energia SGPS SA 3,842 62,458
Jeronimo Martins SGPS SA 2,898 48,404
Portugal Telecom SGPS SA 15,439 76,481
 
    338,127
Russia - 1.5%    
Federal Grid Company Unified Energy System    
JSC, GDR (I)(S) 1,087 4,047
Gazprom OAO, ADR 146,912 1,482,342
LUKOIL OAO, ADR 14,541 894,853
Mechel, ADR (L) 2,833 19,944
MMC Norilsk Nickel OJSC, ADR 16,921 269,890
Mobile TeleSystems OJSC, ADR 10,817 189,514
NovaTek OAO, GDR 1,917 226,729
Novolipetsk Steel OJSC, GDR 1,448 28,670
Pharmstandard OJSC, GDR (I) 1,320 18,744
Rosneft Oil Company, GDR (I) 38,621 260,631
Sberbank of Russia, ADR 34,900 406,430
Severstal OAO, GDR 4,250 53,168
Sistema JSFC, GDR 1,756 35,823
Surgutneftegas OAO, ADR (L) 13,350 121,538

 

International Equity Index Trust A (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Russia (continued)    
Surgutneftegas OAO, ADR, Class B 17,404 $ 114,135
Tatneft OAO, ADR 4,533 187,984
VTB Bank OJSC, GDR 21,911 72,942
 
    4,387,384
Singapore - 1.3%    
Ascendas Real Estate Investment Trust 21,469 42,081
CapitaLand, Ltd. 52,412 135,245
CapitaMall Trust 59,850 98,376
CapitaMalls Asia, Ltd. 31,000 41,556
City Developments, Ltd. 10,285 98,067
ComfortDelGro Corp., Ltd. 41,731 58,228
Cosco Corp. Singapore, Ltd. (L) 33,000 25,827
DBS Group Holdings, Ltd. 35,112 410,106
Fraser and Neave, Ltd. (I) 20,900 150,786
Genting Singapore PLC 99,800 111,015
Golden Agri-Resources, Ltd. 155,201 83,117
Hutchison Port Holdings Trust 105,300 76,364
Jardine Cycle and Carriage, Ltd. 2,623 102,530
Keppel Corp., Ltd. 27,478 253,916
Keppel Land, Ltd. 17,755 51,180
Neptune Orient Lines, Ltd. (I) 28,616 26,234
Olam International, Ltd. 36,023 59,813
Oversea-Chinese Banking Corp., Ltd. 48,643 369,221
SembCorp Industries, Ltd. 20,604 94,865
SembCorp Marine, Ltd. 23,293 93,903
Singapore Airlines, Ltd. 13,260 115,868
Singapore Exchange, Ltd. 20,399 116,000
Singapore Press Holdings, Ltd. 29,441 97,552
Singapore Technologies Engineering, Ltd. 33,798 97,330
Singapore Telecommunications, Ltd. 153,410 399,369
StarHub, Ltd. 21,000 63,531
United Overseas Bank, Ltd. 24,683 394,115
UOL Group, Ltd. 16,531 76,984
Wilmar International, Ltd. 32,000 84,380
 
    3,827,559
South Africa - 1.9%    
ABSA Group, Ltd. 5,765 95,961
African Bank Investments, Ltd. 13,371 53,135
African Rainbow Minerals, Ltd. 3,461 67,857
Anglo American Platinum, Ltd. (I)(L) 1,472 75,798
AngloGold Ashanti, Ltd. 7,283 255,748
ArcelorMittal South Africa, Ltd. (I) 2,574 12,701
Aspen Pharmacare Holdings, Ltd. (I) 4,390 75,471
Aveng, Ltd. 9,037 33,984
Bidvest Group, Ltd. 7,302 180,853
Discovery Holdings, Ltd. 6,145 41,007
Exxaro Resources, Ltd. 2,723 52,709
FirstRand, Ltd. 58,792 197,127
Gold Fields, Ltd. 13,492 172,500
Growthpoint Properties, Ltd. 29,612 88,526
Harmony Gold Mining Company, Ltd. 9,268 77,573
Impala Platinum Holdings, Ltd. 12,101 202,328
Imperial Holdings, Ltd. 3,486 78,592
Investec, Ltd. 4,332 26,611
Kumba Iron Ore, Ltd. (L) 1,477 89,380
Liberty Holdings, Ltd. 1,116 13,315
Massmart Holdings, Ltd. 2,574 51,636
MMI Holdings, Ltd. (L) 9,922 25,267
Mr. Price Group, Ltd. 4,452 67,414
MTN Group, Ltd. 34,339 661,397
Naspers, Ltd. 7,309 452,708
Nedbank Group, Ltd. 5,487 120,681
Netcare, Ltd. 24,570 52,861

 

182

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

International Equity Index Trust A (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
South Africa (continued)    
Northam Platinum, Ltd. (I) 3,938 $ 14,120
Pick’n Pay Stores, Ltd. 4,153 22,279
Pretoria Portland Cement Company, Ltd. 18,222 63,499
Redefine Income Fund, Ltd. 45,895 51,589
Remgro, Ltd. 9,871 172,493
Reunert, Ltd. 1,838 15,233
RMB Holdings, Ltd. 17,617 78,388
RMI Holdings 17,617 45,619
Sanlam, Ltd. 32,194 145,399
Sappi, Ltd. (I) 18,486 52,626
Sasol, Ltd. 10,427 464,494
Shoprite Holdings, Ltd. 10,318 208,815
Standard Bank Group, Ltd. (L) 25,872 328,583
Steinhoff International Holdings, Ltd. (I)(L) 23,101 72,437
The Foschini Group, Ltd. 3,226 49,169
Tiger Brands, Ltd. 3,083 101,323
Trans Hex Group, Ltd. (I) 577 210
Truworths International, Ltd. 10,550 119,225
Vodacom Group, Ltd. 6,961 85,468
Woolworths Holdings, Ltd. 14,552 106,330
 
    5,520,439
South Korea - 3.6%    
Amorepacific Corp. 73 77,564
AMOREPACIFIC Group 52 23,064
Asiana Airlines, Inc. (I) 6 37
BS Financial Group, Inc. 4,805 51,590
Celltrion, Inc. (I) 2,310 58,176
Cheil Industries, Inc. 1,080 98,026
CJ CheilJedang Corp. 135 37,221
Daelim Industrial Company, Ltd. 470 39,846
Daewoo Engineering &    
Construction Company, Ltd. (I) 3,921 36,716
Daewoo International Corp. 677 25,501
Daewoo Securities Company, Ltd. 5,465 62,214
Daewoo Shipbuilding & Marine    
Engineering Company, Ltd. 2,200 50,924
DGB Financial Group, Inc. 2,820 37,150
Dongbu Insurance Company, Ltd. 960 41,784
Dongkuk Steel Mill Company, Ltd. 1,370 19,954
Doosan Corp. 360 44,123
Doosan Heavy Industries and    
Construction Company, Ltd. 690 34,561
Doosan Infracore Company, Ltd. (I) 1,290 21,787
E-Mart Company, Ltd. 524 114,293
GS Engineering & Construction Corp. 713 48,771
GS Holdings Corp. 1,190 70,973
Hana Financial Group, Inc. 3,640 110,147
Hanjin Shipping Holdings Company, Ltd. (I) 7 45
Hankook Tire Company, Ltd. 1,700 63,630
Hanwha Chemical Corp. 892 17,005
Hanwha Corp. 1,010 31,257
Hitejinro Holdings Company, Ltd. 6 55
Honam Petrochemical Corp. 340 80,490
Hyosung Corp. 550 30,628
Hyundai Department Store Company, Ltd. 420 57,533
Hyundai Development Company 790 15,719
Hyundai Engineering &    
Construction Company, Ltd. 1,090 65,772
Hyundai Glovis Company, Ltd. 300 65,349
Hyundai Heavy Industries Company, Ltd. 780 174,811
Hyundai Mipo Dockyard 270 32,574
Hyundai Mobis 1,396 388,650
Hyundai Motor Company 2,890 651,616
Hyundai Securities Company, Ltd. 2,644 21,940

 

International Equity Index Trust A (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
South Korea (continued)    
Hyundai Steel Company 1,122 $ 88,129
Industrial Bank of Korea 4,670 51,199
Kangwon Land, Inc. 2,090 46,928
KB Financial Group, Inc. 6,710 236,987
KB Financial Group, Inc., ADR 206 7,270
KCC Corp. 100 26,217
Kia Motors Corp. 4,488 278,799
Korea Electric Power Corp. (I) 5,980 150,139
Korea Electric Power Corp., ADR (I)(L) 744 9,240
Korea Exchange Bank (I) 4,900 37,286
Korea Gas Corp. 830 53,499
Korea Investment Holdings Company, Ltd. 1,090 38,661
Korea Life Insurance Company, Ltd. 4,330 29,976
Korea Line Corp. (I) 60 223
Korea Zinc Company, Ltd. 200 87,156
Korean Air Lines Company, Ltd. (I) 807 34,430
Korean Reinsurance Company, Ltd. 24 255
KT Corp. 1,277 40,293
KT Corp., ADR 266 4,160
KT&G Corp. 2,210 168,238
Kumho Industrial Company, Ltd. (I) 247 662
Kumho Petrochemical Company, Ltd. 204 22,460
LG Chem, Ltd. 924 273,426
LG Corp. 1,921 106,478
LG Display Company, Ltd. (I) 5,650 143,032
LG Display Company, Ltd., ADR (I) 57 716
LG Electronics, Inc. 2,188 135,017
LG Household & Health Care, Ltd. 180 102,553
LG Innotek Company, Ltd. (I) 210 15,212
LG Uplus Corp. 5,871 38,363
Lotte Confectionery Company, Ltd. 4 5,582
Lotte Shopping Company, Ltd. 240 68,842
LS Cable, Ltd. 380 32,985
LS Industrial Systems Company, Ltd. 440 27,539
Mirae Asset Securities Company, Ltd. 285 8,579
NCSoft Corp. 320 68,212
NHN Corp. 830 216,392
OCI Company, Ltd. 303 48,744
POSCO 1,341 437,979
S-Oil Corp. 1,000 94,650
S1 Corp. 140 8,605
Samsung C&T Corp. 2,410 141,958
Samsung Card Company, Ltd. 900 32,344
Samsung Electro-Mechanics Company, Ltd. 1,440 124,006
Samsung Electronics Company, Ltd. 2,070 2,492,139
Samsung Engineering Company, Ltd. 580 99,513
Samsung Fire & Marine    
Insurance Company, Ltd. 720 154,451
Samsung Heavy Industries Company, Ltd. 3,310 111,349
Samsung SDI Company, Ltd. 688 97,508
Samsung Securities Company, Ltd. 1,186 55,555
Samsung Techwin Company, Ltd. 797 45,853
Shinhan Financial Group Company, Ltd., ADR 175 11,750
Shinhan Financial Group Company, Ltd. 9,270 313,161
Shinsegae Company, Ltd. 185 34,614
SK C&C Company, Ltd. 340 30,330
SK Holdings Company, Ltd. 592 82,295
SK Hynix, Inc. (I) 11,220 227,864
SK Innovation Company, Ltd. 1,167 175,306
SK Networks Company, Ltd. 2,970 27,275
SK Telecom Company, Ltd. 398 52,364
SK Telecom Company, Ltd., ADR 657 9,553
Woongjin Coway Company, Ltd. 1,060 29,139
Woori Finance Holdings Company, Ltd. 6,360 62,497
Woori Investment & Securities Company, Ltd. 2,521 26,437

 

183

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

International Equity Index Trust A (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
South Korea (continued)    
Yuhan Corp. 200 $ 27,516
    10,511,386
Spain - 1.8%    
Abertis Infraestructuras SA 5,610 82,784
Acciona SA 627 35,816
Acerinox SA (I)(L) 2,601 29,283
ACS Actividades de Construccion    
y Servicios SA (L) 3,053 63,143
Amadeus IT Holding SA, A Shares 3,953 92,291
Banco Bilbao Vizcaya Argentaria SA 86,221 681,713
Banco de Sabadell SA (L) 23,340 62,905
Banco de Valencia SA (I) 95 22
Banco Popular Espanol SA (I)(L) 21,247 46,596
Banco Santander SA (I) 175,110 1,311,864
Bankia SA (I)(L) 17,248 28,804
CaixaBank (L) 16,961 63,754
Distribuidora Internacional de Alimentacion SA 12,644 69,914
Enagas SA 2,991 59,144
Ferrovial SA 7,864 102,573
Gas Natural SDG SA 4,137 58,716
Grifols SA (I) 2,505 82,823
Grifols SA, B Shares (I) 250 5,658
Iberdrola SA (L) 82,628 375,909
Inditex SA 4,141 514,088
Mapfre SA 14,650 40,118
Red Electrica Corp. SA 2,102 99,834
Repsol SA 16,492 320,995
Telefonica SA (I) 76,975 1,026,424
Zardoya Otis SA 2,951 34,745
 
    5,289,916
Sweden - 2.0%    
Alfa Laval AB 6,405 116,490
Assa Abloy AB, Series B 5,832 189,286
Atlas Copco AB, Series A 11,483 269,021
Atlas Copco AB, Series B 5,423 113,851
Boliden AB 4,826 80,788
CDON Group AB (I) 1,132 7,113
Electrolux AB 4,332 107,257
Getinge AB, B Shares 3,600 108,757
Hennes & Mauritz AB, B Shares 17,550 611,175
Hexagon AB 4,600 98,994
Holmen AB, Series B 229 6,258
Husqvarna AB, B Shares 2,659 13,600
Investment AB Kinnevik 3,925 81,633
Investor AB, B Shares 7,800 172,120
Lundin Petroleum AB (I) 4,299 105,085
Modern Times Group AB, B Shares 785 34,756
Nordea Bank AB 50,758 503,910
Ratos AB 3,219 28,462
Sandvik AB 19,170 261,202
Scania AB, Series B 5,700 104,937
Securitas AB, Series B 1,701 12,802
Skandinaviska Enskilda Banken AB, Series A 22,665 190,389
Skanska AB, Series B 6,841 110,960
SKF AB, B Shares 7,396 160,084
SSAB AB, Series A (L) 1,427 10,184
Svenska Cellulosa AB, B Shares 9,724 180,980
Svenska Handelsbanken AB, Class A 9,341 350,899
Swedbank AB, Class A 15,527 292,071
Swedish Match AB 4,056 164,213
Tele2 AB, Series B 6,059 110,150
Telefonaktiebolaget LM Ericsson, B Shares 58,443 533,054
TeliaSonera AB 41,880 301,899

 

International Equity Index Trust A (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Sweden (continued)    
Volvo AB, Series B 26,447 $ 372,381
 
    5,804,761
Switzerland - 6.2%    
ABB, Ltd. (I) 40,992 770,627
Actelion, Ltd. (I) 2,115 106,102
Adecco SA (I) 2,529 120,724
Aryzta AG (I) 1,665 79,942
Baloise Holding AG 907 71,429
Banque Cantonale Vaudoise 57 29,556
Barry Callebaut AG (I) 35 32,495
Cie Financiere Richemont SA 9,743 584,169
Credit Suisse Group AG (I) 22,648 481,664
GAM Holding AG (I) 3,747 48,908
Geberit AG (I) 692 150,766
Givaudan AG (I) 159 151,088
Glencore International PLC (L) 70,974 394,572
Holcim, Ltd. (I) 4,682 298,148
Julius Baer Group, Ltd. (I) 3,756 130,977
Kuehne & Nagel International AG 1,031 116,661
Lindt & Spruengli AG - PC (I) 17 53,816
Lindt & Spruengli AG - REG (I) 2 72,269
Lonza Group AG (I) 960 50,300
Nestle SA 62,182 3,922,511
Novartis AG 43,927 2,688,613
Pargesa Holding SA 403 26,720
Partners Group Holding AG 258 53,704
Roche Holdings AG 13,224 2,470,315
Schindler Holding AG    
(Participation Certificates) 887 109,190
Schindler Holding AG (Registered Shares) 350 43,254
SGS SA 101 207,460
Sika AG (I) 39 79,638
Sonova Holding AG (I) 938 94,910
STMicroelectronics NV 11,860 64,149
Straumann Holding AG 106 14,121
Sulzer AG 481 70,066
Swiss Life Holding (I) 506 60,409
Swiss Prime Site AG (I) 918 75,841
Swiss Re, Ltd. (I) 6,406 412,212
Swisscom AG 442 177,824
Syngenta AG 1,766 659,956
The Swatch Group AG (Bearer Shares) 589 234,938
The Swatch Group AG (Registered Shares) 829 57,782
Transocean, Ltd. (I) 6,392 286,641
UBS AG (I) 68,141 831,630
Wolseley PLC 5,486 234,742
Xstrata PLC (I) 39,610 614,688
Zurich Insurance Group AG (I) 2,753 685,474
 
    17,921,001
Taiwan - 2.1%    
Acer, Inc. (I) 41,783 40,879
Advanced Semiconductor Engineering, Inc. 91,632 70,101
Advantech Company, Ltd. 7,195 26,268
Asia Cement Corp. 19,971 25,246
Asia Optical Company, Inc. (I) 59 67
Asustek Computer, Inc. 11,754 127,008
AU Optronics Corp. (I) 111,616 39,810
Catcher Technology Company, Ltd. 10,384 48,893
Cathay Financial Holdings Company, Ltd. 111,667 119,541
Chang Hwa Commercial Bank 86,306 46,628
Cheng Shin Rubber Industry Company, Ltd. 15,037 39,422
Cheng Uei Precision Industry Company, Ltd. 6,949 16,558
Chicony Electronics Company, Ltd. 10,122 23,832

 

184

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

International Equity Index Trust A (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Taiwan (continued)    
Chimei Innolux Corp. (I) 72,470 $ 26,180
China Airlines, Ltd. (I) 16,123 6,736
China Development    
Financial Holdings Corp. (I) 200,072 49,292
China Motor Corp. 40 38
China Steel Corp. 209,580 190,153
Chinatrust Financial Holding Company, Ltd. 184,739 111,069
Chunghwa Telecom Company, Ltd. 57,165 183,130
Compal Communications, Inc. (I) 307 333
Compal Electronics, Inc. 60,071 54,014
D-Link Corp. 934 569
Delta Electronics, Inc. 27,475 105,841
E.Sun Financial Holding Company, Ltd. 34,321 19,357
Epistar Corp. 11,828 25,103
Eternal Chemical Company, Ltd. 12,344 10,474
Eva Airways Corp. (I) 14,961 8,761
Evergreen Marine Corp., Ltd. (I) 24,199 12,709
Everlight Electronics Company, Ltd. 4,356 7,010
Far Eastern Department Stores Company, Ltd. 15,884 17,077
Far Eastern New Century Corp. 48,101 54,108
Far EasTone    
Telecommunications Company, Ltd. 18,927 46,819
Feng Hsin Iron & Steel Company 12,000 20,671
Firich Enterprises Co., Ltd. 438 561
First Financial Holding Company, Ltd. 92,441 57,055
Formosa Chemicals & Fibre Corp. 46,350 123,945
Formosa Petrochemical Corp. 18,990 56,914
Formosa Plastics Corp. 77,700 221,520
Formosa Taffeta Company, Ltd. 16,000 15,341
Foxconn Technology Company, Ltd. 8,387 32,389
Fubon Financial Holding Company, Ltd. 85,649 92,217
Hon Hai Precision Industry Company, Ltd. 191,198 592,150
HTC Corp. 14,528 140,448
Hua Nan Financial Holdings Company, Ltd. 67,382 37,820
Inotera Memories, Inc. (I) 46,616 8,051
Inventec Corp. 35,113 13,845
Kinsus Interconnect Technology Corp. 4,422 12,928
Largan Precision Company, Ltd. 1,101 22,688
Lite-On Technology Corp. 24,607 31,778
Macronix International 38,246 12,721
MediaTek, Inc. 17,977 188,940
Mega Financial Holding Company, Ltd. 130,447 99,642
Mosel Vitelic, Inc. (I) 315 25
Motech Industries, Inc. (I) 4,052 4,252
Nan Ya Plastics Corp. 90,520 180,714
Nan Ya Printed Circuit Board Corp. 3,234 5,254
Novatek Microelectronics Corp., Ltd. 8,277 29,941
Pan-International Industrial (I) 269 267
Pegatron Corp. 25,934 33,544
Phison Electronics Corp. 2,399 19,248
Pou Chen Corp. 26,247 26,790
Powerchip Semiconductor Corp. (I) 960 27
Powertech Technology, Inc. 12,536 23,941
President Chain Store Corp. 10,224 54,497
Quanta Computer, Inc. 36,198 95,693
Realtek Semiconductor Corp. (I) 8,356 16,480
Richtek Technology Corp. 1,212 7,221
Shin Kong Financial Holding Company, Ltd. (I) 114,466 31,759
Siliconware Precision Industries Company 45,426 49,936
Simplo Technology Company, Ltd. 6,655 39,634
SinoPac Financial Holdings Company, Ltd. 72,089 30,224
Synnex Technology International Corp. 13,506 30,519
Taishin Financial Holdings Company, Ltd. 54,288 20,835
Taiwan Cement Corp. 50,476 62,433
Taiwan Cooperative Financial Holding 73,057 40,422

 

International Equity Index Trust A (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Taiwan (continued)    
Taiwan Fertilizer Company, Ltd. 11,000 $ 29,715
Taiwan Glass Industrial Corp. 21,018 21,246
Taiwan Mobile Company, Ltd. 26,317 95,911
Taiwan Semiconductor    
Manufacturing Company, Ltd. 472,316 1,439,209
Teco Electric & Machinery Company, Ltd. 32,000 22,120
Transcend Information, Inc. 4,405 11,879
Tripod Technology Corp. 8,127 19,944
Tung Ho Steel Enterprise Corp. 12,849 13,073
U-Ming Marine Transport Corp. 9,000 14,361
Uni-President Enterprises Corp. 65,695 116,202
Unimicron Technology Corp. 15,453 18,349
United Microelectronics Corp. 202,259 83,822
Wafer Works Corp. 106 60
Walsin Lihwa Corp. (I) 25,000 8,697
Wan Hai Lines, Ltd. (I) 5,460 3,052
Wintek Corp. (I) 26,398 13,756
Wistron Corp. 31,953 38,380
WPG Holdings Company, Ltd. 20,577 27,262
Ya Hsin Industrial Company, Ltd. (I) 14,000 0
Yang Ming Marine Transport Corp. (I) 28,050 11,678
Yuanta Financial Holdings Company, Ltd. 142,101 74,355
Yulon Motor Company, Ltd. 14,419 28,911
Zinwell Corp. 723 724
 
    6,231,012
Thailand - 0.6%    
Advanced Info Service PCL 23,200 161,300
Bangkok Bank PCL 9,000 56,468
Bangkok Bank PCL, Foreign Shares 17,100 111,364
Bangkok Expressway PCL 4,000 3,834
Bank of Ayudhya PCL 37,100 37,874
Banpu PCL 3,400 43,301
BEC World PCL 11,019 27,386
Charoen Pokphand Foods PCL 48,700 53,004
CP ALL PCL 89,210 102,890
IRPC PCL 97,700 13,522
Kasikornbank PCL (Foreign Shares) 47,300 279,747
Krung Thai Bank PCL 52,000 30,916
PTT Exploration & Production PCL 26,100 137,792
PTT Global Chemical PCL 35,053 71,746
PTT PCL, Foreign Shares 17,900 191,329
Siam Cement PCL (Foreign Shares) 8,400 108,397
Siam Commercial Bank PCL 31,748 173,799
Thai Oil PCL 13,200 27,982
 
    1,632,651
Turkey - 0.4%    
Akbank TAS 25,630 101,418
Anadolu Efes Biracilik Ve Malt Sanayii AS 4,447 66,102
Arcelik AS 3,796 20,213
Asya Katilim Bankasi AS (I) 10,118 11,163
BIM Birlesik Magazalar AS 1,594 66,559
Enka Insaat ve Sanayi AS 12,395 31,056
Eregli Demir ve Celik Fabrikalari TAS 25,307 31,161
HACI Omer Sabanci Holding AS 13,187 57,888
KOC Holdings AS 12,316 49,281
Tupras Turkiye Petrol Rafinerileri AS 2,694 61,525
Turk Hava Yollari (I) 12,630 26,460
Turk Telekomunikasyon AS 15,459 61,605
Turkcell Iletisim Hizmetleri AS (I) 19,742 120,411
Turkiye Garanti Bankasi AS 51,188 213,953
Turkiye Halk Bankasi AS 6,636 51,775
Turkiye Is Bankasi, Class C 40,014 125,794
Turkiye Vakiflar Bankasi Tao, Class D 17,122 37,021

 

185

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

International Equity Index Trust A (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Turkey (continued)    
Yapi ve Kredi Bankasi AS (I) 19,138 $ 45,654
   
    1,179,039
Ukraine - 0.0%    
Kernel Holding SA (I) 821 16,657
United Kingdom - 13.2%    
3i Group PLC 17,076 61,592
Aberdeen Asset Management PLC 16,111 81,136
Admiral Group PLC 2,941 50,140
Aggreko PLC 5,090 190,614
AMEC PLC 6,786 125,971
Anglo American PLC 25,912 762,778
Antofagasta PLC 7,527 154,095
ARM Holdings PLC 26,088 243,267
Associated British Foods PLC 6,240 130,039
AstraZeneca PLC 24,868 1,188,019
Aviva PLC 55,447 286,513
Babcock International Group PLC 7,421 111,272
BAE Systems PLC 61,876 325,738
Balfour Beatty PLC 7,728 38,006
Barclays PLC 221,146 769,791
BG Group PLC 64,775 1,311,635
BHP Billiton PLC 39,654 1,238,352
BP PLC 356,993 2,519,728
British American Tobacco PLC 37,046 1,904,855
British Land Company PLC 16,118 136,151
British Sky Broadcasting Group PLC 22,006 264,374
BT Group PLC 144,746 539,894
Bunzl PLC 4,649 83,404
Burberry Group PLC 8,196 133,082
Capita PLC 11,493 143,999
Capital Shopping Centres Group PLC 11,282 59,768
Carnival PLC 2,878 106,337
Centrica PLC 96,243 510,122
Cobham PLC 23,239 83,385
Compass Group PLC 37,148 410,854
Croda International PLC (I) 2,539 99,583
Diageo PLC 47,736 1,344,078
Eurasian Natural Resources Corp. PLC 3,511 17,595
Evraz PLC 6,286 25,131
G4S PLC 22,536 96,862
GKN PLC 30,158 104,838
GlaxoSmithKline PLC 94,996 2,191,348
Hammerson PLC 13,894 101,391
HSBC Holdings PLC 336,539 3,122,786
ICAP PLC 11,734 61,035
IMI PLC 6,025 87,832
Imperial Tobacco Group PLC 19,238 713,094
Inmarsat PLC 7,073 67,559
Intercontinental Hotels Group PLC 5,543 145,403
International Consolidated    
Airlines Group SA (I) 8,501 20,490
Intertek Group PLC 3,224 142,919
Invensys PLC 9,591 36,346
Investec PLC 9,770 60,492
ITV PLC 70,518 100,966
J Sainsbury PLC 21,464 120,628
Johnson Matthey PLC 3,582 139,931
Kazakhmys PLC 3,789 42,609
Kingfisher PLC 45,968 196,425
Ladbrokes PLC 5 14
Land Securities Group PLC 15,198 187,108
Legal & General Group PLC 110,533 236,193
Lloyds Banking Group PLC (I) 788,344 496,715
London Stock Exchange Group PLC 2,995 45,679

 

International Equity Index Trust A (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
United Kingdom (continued)    
Lonmin PLC (L) 2,812 $ 25,432
Man Group PLC 38,396 51,270
Marks & Spencer Group PLC 29,768 171,751
Meggitt PLC (I) 15,287 97,753
National Grid PLC 67,942 750,016
Next PLC 3,410 190,409
Old Mutual PLC 92,870 255,658
Pearson PLC 15,549 304,267
Petrofac, Ltd. 5,253 135,704
PIK Group, GDR (I)(L) 11,522 25,571
Prudential PLC 48,629 631,002
Reckitt Benckiser Group PLC 12,067 695,252
Reed Elsevier PLC 23,221 222,317
Resolution, Ltd. 28,154 98,865
Rexam PLC 12,743 89,724
Rio Tinto PLC 26,182 1,223,912
Rolls-Royce Holdings PLC (I) 35,966 490,841
Royal Bank of Scotland Group PLC (I) 35,144 145,967
RSA Insurance Group PLC 71,587 127,961
SABMiller PLC 18,206 800,936
Schroders PLC 2,584 63,575
Segro PLC 10,785 39,562
Serco Group PLC 8,805 82,645
Severn Trent PLC 4,277 116,001
Smith & Nephew PLC 18,531 204,674
Smiths Group PLC 7,492 125,647
SSE PLC 17,910 402,878
Standard Chartered PLC 46,431 1,051,741
Standard Life PLC 45,208 199,738
Tate & Lyle PLC 9,029 97,124
Tesco PLC 153,027 821,086
The Sage Group PLC 23,422 118,787
The Weir Group PLC 4,239 121,402
TUI Travel PLC 7,101 26,903
Tullow Oil PLC 17,329 384,380
Unilever PLC 24,523 893,178
United Utilities Group PLC 13,013 150,686
Vedanta Resources PLC 2,522 42,169
Vodafone Group PLC 946,588 2,694,047
Whitbread PLC 2,873 105,502
WM Morrison Supermarkets PLC 41,403 190,937
 
    38,437,231
United States - 0.1%    
Brookfield Office Properties, Inc. 5,290 87,925
Catamaran Corp. (I) 1,200 117,608
Sims Metal Management, Ltd. 3,110 30,639
 
    236,172
TOTAL COMMON STOCKS (Cost $240,756,200) $ 276,482,703
 
PREFERRED SECURITIES - 1.9%    
Brazil - 1.4%    
AES Tiete SA 2,400 26,992
Banco Bradesco SA 35,318 567,423
Banco do Estado do Rio Grande do Sul SA 3,894 33,115
Bradespar SA 5,800 80,509
Braskem SA, A Shares 3,700 26,045
Centrais Eletricas Brasileiras SA 4,400 39,567
Cia Brasileira de Distribuicao Grupo Pao    
de Acucar 2,031 90,718
Cia Paranaense de Energia 2,000 32,655
Companhia de Transmissao de Energia    
Eletrica Paulista 1,010 18,773
Companhia Energetica de Minas Gerais 6,867 83,261

 

186

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

International Equity Index Trust A (continued)
Shares or   
Principal   
Amount  Value
 
PREFERRED SECURITIES (continued)    
Brazil (continued)    
Companhia Energetica de Sao Paulo 3,949 $ 42,173
Eletropaulo Metropolitana Eletricidade de    
Sao Paulo SA 2,135 20,747
Gerdau SA 13,800 131,244
Itau Unibanco Holding SA 45,100 680,532
Itausa - Investimentos Itau SA 56,588 252,061
Klabin SA 14,000 73,203
Lojas Americanas SA 9,511 74,457
Marcopolo SA 3,900 22,797
Metalurgica Gerdau SA 7,000 84,356
Oi SA 16,268 65,400
Petroleo Brasileiro SA 73,452 810,517
Telefonica Brasil SA 6,418 140,216
Usinas Siderurgicas de Minas Gerais SA 9,850 49,171
Vale SA 37,568 653,606
 
    4,099,538
Germany - 0.4%    
Bayerische Motoren Werke AG, 2.320% 607 31,204
Henkel AG & Company KGaA, 0.800% 3,374 268,511
Porsche Automobil Holding SE, 0.760% 2,945 176,534
RWE AG, 2.000% 726 28,976
Volkswagen AG, 3.060% 2,738 500,126
 
    1,005,351
South Korea - 0.1%    
Hyundai Motor Company, Ltd. 660 42,732
Hyundai Motor Company, Ltd., 2nd Preferred 660 45,900
Hyundai Securities Company 1,064 7,685
Samsung Electronics Company, Ltd. 440 310,599
 
    406,916
TOTAL PREFERRED SECURITIES (Cost $5,133,587) $ 5,511,805
 
RIGHTS - 0.0%    
CaixaBank (Expiration    
Date: 10/05/2012) (I)(N) 16,961 $ 1,395
Cie Generale de Geophysique - Veritas    
(Expiration Date: 10/12/2012; Strike Price    
EUR 17.00) (I) 2,600 4,196
KTB Investment & Securities Company, Ltd.    
(Expiration Date: 10/11/2012; Strike Price:    
THB 12.60 ) (I) 13,000 2,407
YTL Corp. BHD (Expiration Date: 10/17/2012;    
Strike Price: MYR 0.20) (I) 6,825 636
TOTAL RIGHTS (Cost $1,295) $ 8,634
 
WARRANTS - 0.0%    
Kinross Gold Corp. (Expiration Date:    
09/17/2014, Strike Price: $21.30) (I) 605 431
TOTAL WARRANTS (Cost $2,883) $ 431
 
SECURITIES LENDING COLLATERAL - 10.6%    
John Hancock Collateral    
Investment Trust, 0.3462% (W)(Y) 3,067,082 $ 30,697,197
TOTAL SECURITIES LENDING    
COLLATERAL (Cost $30,696,036) $ 30,697,197

 

International Equity Index Trust A (continued)
  Shares or    
  Principal    
  Amount   Value
 
 
SHORT-TERM INVESTMENTS - 1.1%      
Money Market Funds* - 1.1%      
AIM Short-Term Investment Trust, STIC Prime      
Portfolio, 0.010% (Y) 3,341,796   3,341,796
TOTAL SHORT-TERM INVESTMENTS (Cost $3,341,796) $ 3,341,796
Total Investments (International Equity Index Trust A)    
(Cost $279,931,797) - 108.8%   $ 316,042,566
Other assets and liabilities, net - (8.8%)     (25,524,420)
 
TOTAL NET ASSETS - 100.0%   $ 290,518,146
 
 
 
International Equity Index Trust B    
  Shares or    
  Principal    
  Amount   Value
 
 
COMMON STOCKS - 94.7%      
Australia - 5.8%      
AGL Energy, Ltd. 10,643 $ 164,968
ALS, Ltd.  6,560 58,048
Alumina, Ltd. 46,279   40,321
Amcor, Ltd. 25,609   205,591
AMP, Ltd. 54,140   242,159
APA Group, Ltd. (L) 10,703   52,616
Asciano, Ltd. 18,498   83,082
ASX, Ltd.  3,001 91,852
Australia & New Zealand Banking Group, Ltd. 51,571   1,319,135
Bendigo and Adelaide Bank, Ltd.  7,546 59,948
BHP Billiton, Ltd. 60,907   2,086,888
Boral, Ltd. 15,024   59,598
Brambles, Ltd. 29,475   213,824
Caltex Australia, Ltd.  2,363 40,326
Centro Retail Australia 24,248   52,559
CFS Retail Property Trust Group 32,060   64,166
Coca-Cola Amatil, Ltd. 11,044   154,805
Cochlear, Ltd.  902 62,677
Commonwealth Bank of Australia 30,391   1,752,209
Computershare, Ltd.  7,493 64,275
Crown, Ltd.  6,963 65,509
CSL, Ltd. 10,201   485,217
Dart Energy, Ltd. (I)  8,396 1,479
Dexus Property Group 98,896   97,425
Echo Entertainment Group, Ltd. 15,862   62,750
Fairfax Media, Ltd. (L) 28,706   12,269
Fortescue Metals Group, Ltd. (L) 23,622   84,408
Goodman Group 26,994   110,819
GPT Group 30,896   108,439
Harvey Norman Holding, Ltd. (L)  6,970 13,969
Iluka Resources, Ltd.  8,724 88,087
Incitec Pivot, Ltd. 32,945   101,265
Insurance Australia Group, Ltd. 38,132   172,245
Leighton Holdings, Ltd.  2,923 50,080
Lend Lease Corp. 10,730   87,031
Lynas Corp., Ltd. (I)(L) 38,524   31,209
Macquarie Group, Ltd.  7,018 206,049
Metcash, Ltd. 10,625   38,902
Mirvac Group 65,898   97,500
National Australia Bank, Ltd. 41,724   1,099,328
Newcrest Mining, Ltd. 14,726   437,693
Nufarm, Ltd.  556 3,488
Orica, Ltd.  6,936 178,259
Origin Energy, Ltd. 21,807   255,937
OZ Minerals, Ltd.  4,966 34,539
Qantas Airways, Ltd. (I) 28,030   35,312

 

187

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

International Equity Index Trust B (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Australia (continued)    
QBE Insurance Group, Ltd. 21,690 $ 290,358
QR National, Ltd. 33,629 118,528
Ramsay Health Care, Ltd. 2,825 70,224
Rio Tinto, Ltd. 8,607 472,200
Santos, Ltd. 18,262 214,011
Sonic Healthcare, Ltd. 6,727 94,533
SP AusNet 39,545 42,859
Stockland 46,096 159,258
Suncorp Group, Ltd. 24,817 237,746
Sydney Airport 7,889 25,798
Tabcorp Holdings, Ltd. 14,208 40,662
Tatts Group, Ltd. 22,985 64,438
Telstra Corp., Ltd. 84,242 341,753
Toll Holdings, Ltd. 13,089 59,852
Transurban Group 26,723 166,002
Wesfarmers, Ltd. 20,935 743,735
Wesfarmers, Ltd. (Price Protected Shares) 2,660 98,361
Westfield Group 41,601 436,883
Westfield Retail Trust 55,027 164,498
Westpac Banking Corp. 58,754 1,509,078
Whitehaven Coal, Ltd. 9,666 28,443
Woodside Petroleum, Ltd. 12,450 425,746
Woolworths, Ltd. 23,533 700,555
WorleyParsons, Ltd. 4,072 118,806
 
    17,452,582
Austria - 0.2%    
Andritz AG 1,386 78,685
Erste Group Bank AG (I) 3,923 87,931
Immoeast AG (I) 9,682 0
IMMOFINANZ AG (I) 14,523 52,752
OMV AG 3,353 117,509
Raiffeisen Bank International AG (L) 784 28,515
Telekom Austria AG 5,936 41,996
Verbund AG, Class A 1,141 23,637
Vienna Insurance Group AG 771 32,758
Voestalpine AG 2,038 61,235
 
    525,018
Belgium - 0.8%    
Ageas 5,132 93,364
Anheuser-Busch InBev NV 15,400 1,317,342
Belgacom SA 3,375 103,114
Colruyt SA (L) 1,515 66,093
Delhaize Group SA 1,962 75,831
Groupe Bruxelles Lambert SA 1,559 115,832
KBC Groep NV 3,626 87,489
Mobistar SA (I) 446 14,071
Solvay SA 1,200 139,341
Telenet Group Holding NV (L) 1,080 48,296
UCB SA 1,834 100,928
Umicore SA 2,468 129,413
 
    2,291,114
Brazil - 1.5%    
All America Latina Logistica SA 7,500 31,003
Banco do Brasil SA 13,113 160,416
Banco Santander Brasil SA 12,894 94,260
BM&F Bovespa SA 34,376 207,723
BR Malls Participacoes SA 6,110 84,842
BR Properties SA 3,500 45,665
Braskem SA, ADR 1,584 22,350
BRF - Brasil Foods SA 12,620 217,944
CCR SA 17,100 154,784
Centrais Eletricas Brasileiras SA 6,700 39,990

 

International Equity Index Trust B (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Brazil (continued)    
Centrais Eletricas Brasileiras SA, ADR,    
B Shares 1,429 $ 12,904
Centrais Eletricas Brasileiras SA, ADR,    
Ordinary Shares (L) 2,381 14,119
CETIP SA - Mercados Organizados 4,000 52,485
Cia Brasileira de Distribuicao Grupo Pao de    
Acucar, ADR 628 28,329
Cia de Saneamento Basico do Estado de    
Sao Paulo 1,990 81,465
Cia Hering 2,700 61,039
Cia Siderurgica Nacional SA 16,100 90,695
Cielo SA 6,775 169,070
Companhia de Bebidas das Americas 14,219 544,913
Cosan SA Industria e Comercio 3,511 64,132
CPFL Energia SA 4,400 48,596
Cyrela Brazil Realty SA Empreendimentos    
e Participacoes 4,000 34,332
Diagnosticos da America SA 4,400 26,479
EDP - Energias do Brasil SA 8,700 55,232
Embraer SA, ADR 1,026 27,312
Empresa SA 10,800 72,506
Fibria Celulose SA (I) 3,172 28,837
Fibria Celulose SA, ADR (I)(L) 1,562 14,589
Hypermarcas SA (I) 3,108 22,828
JBS SA (I) 15,473 51,290
Localiza Rent a Car SA 2,811 49,363
Lojas Renner SA 2,800 93,782
MRV Engenharia e Participacoes SA 6,501 38,899
Natura Cosmeticos SA 2,300 62,683
OGX Petroleo e Gas Participacoes SA (I) 30,000 91,010
Oi SA 8,585 42,008
Oi SA, ADR (L) 7,527 30,259
Oi SA, Series C, ADR 896 4,444
PDG Realty SA Empreendimentos    
e Participacoes 12,764 24,052
Petroleo Brasileiro SA 53,929 619,828
Porto Seguro SA 4,419 44,446
Raia Drogasil SA 3,800 43,656
Souza Cruz SA 7,000 94,956
Telefonica Brasil SA, ADR (L) 499 10,848
Tim Participacoes SA 20,065 77,499
Tractebel Energia SA 2,700 42,619
Ultrapar Participacoes SA 6,000 134,991
Usinas Siderurgicas de Minas Gerais SA 4,400 25,220
Usinas Siderurgicas de Minas Gerais SA, ADR 800 4,008
Vale SA 24,700 444,594
 
    4,539,294
Canada - 8.2%    
Agnico-Eagle Mines, Ltd. 3,313 171,868
Agrium, Inc. 3,161 327,965
Alimentation Couche Tard, Inc. 2,500 114,892
ARC Resources, Ltd. (L) 5,800 141,003
Athabasca Oil Corp. (I) 6,500 87,143
Bank of Montreal (L) 12,409 733,357
Bank of Nova Scotia (L) 21,548 1,181,841
Barrick Gold Corp. 19,630 820,263
Baytex Energy Corp. (L) 2,500 118,808
BCE, Inc. (L) 5,073 223,179
Bell Aliant, Inc. (L) 1,600 44,415
Bombardier, Inc. (L) 28,938 108,617
Bonavista Energy Corp. (L) 3,100 54,993
Brookfield Asset Management, Inc. (L) 10,851 374,614
Brookfield Residential Properties, Inc. (I) 515 7,234
CAE, Inc. 5,716 61,224

 

188

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

International Equity Index Trust B (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Canada (continued)    
Cameco Corp. (L) 7,766 $ 151,275
Canadian Imperial Bank of Commerce (L) 7,830 612,876
Canadian National Railway Company 8,598 760,798
Canadian Natural Resources, Ltd. 21,544 664,662
Canadian Oil Sands, Ltd. 9,500 203,413
Canadian Pacific Railway, Ltd. 3,274 271,718
Canadian Tire Corp., Ltd. 1,554 111,851
Canadian Utilities, Ltd. 1,100 76,858
Cenovus Energy, Inc. 14,664 511,771
Centerra Gold, Inc. 3,400 42,573
CGI Group, Inc. (I) 4,276 114,827
Chorus Aviation, Inc. 481 1,859
CI Financial Corp. (L) 3,033 70,094
Crescent Point Energy Corp. (L) 5,600 247,959
Eldorado Gold Corp. 13,200 201,269
Empire Company, Ltd. 700 42,138
Enbridge, Inc. (L) 14,652 572,309
Encana Corp. (L) 14,464 316,763
Enerplus Corp. (L) 4,100 67,979
Fairfax Financial Holdings, Ltd. 359 138,667
Finning International, Inc. 3,538 85,796
First Quantum Minerals, Ltd. 9,300 198,184
Fortis, Inc. (L) 3,900 133,015
Franco-Nevada Corp. (L) 2,900 170,944
George Weston, Ltd. 1,036 66,653
Gildan Activewear, Inc. 2,200 69,753
Goldcorp, Inc. (Toronto Exchange) 15,756 723,452
Great-West Lifeco, Inc. (L) 5,876 133,646
H&R Real Estate Investment Trust 1,800 46,121
Husky Energy, Inc. (L) 6,652 178,767
IAMGOLD Corp. 7,700 122,107
IGM Financial, Inc. 2,196 85,754
Imperial Oil, Ltd. 5,803 267,100
Industrial Alliance Insurance and    
Financial Services, Inc. 2,000 57,044
Inmet Mining Corp. 1,000 47,533
Intact Financial Corp. 2,600 158,153
Kinross Gold Corp. 22,269 227,877
Loblaw Companies, Ltd. (L) 2,137 74,255
Magna International, Inc. (L) 4,286 185,330
Manulife Financial Corp. (L)(O) 35,024 422,169
MEG Energy Corp. (I) 2,600 98,885
Metro, Inc. (L) 2,000 118,808
National Bank of Canada (L) 3,268 247,319
New Gold, Inc (I) 9,700 118,894
Nexen, Inc. 10,364 262,500
Onex Corp. 1,932 76,250
Open Text Corp. (I) 1,100 60,656
Osisko Mining Corp. (I) 8,300 82,232
Pace Oil And Gas, Ltd. (I) 745 2,145
Pacific Rubiales Energy Corp. (L) 6,000 143,363
Pan American Silver Corp. 3,300 70,760
Pembina Pipeline Corp. (L) 5,600 157,217
Pengrowth Energy Trust (L) 10,800 72,835
Penn West Petroleum, Ltd. (L) 9,713 138,221
Potash Corp. of Saskatchewan, Inc. 16,633 722,946
Power Corp. of Canada (L) 6,717 163,296
Power Financial Corp. (L) 4,922 127,218
Precision Drilling Corp. (I) 4,500 35,383
Progress Energy Resources Corp. 3,600 80,195
QLT, Inc. (I) 230 1,811
Research In Motion, Ltd. (I)(L) 9,700 74,198
RioCan Real Estate Investment Trust 2,900 81,622
Ritchie Brothers Auctioneers, Inc. (L) 1,800 34,623
Rogers Communications, Inc., Class B (L) 7,942 321,525

 

International Equity Index Trust B (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Canada (continued)    
Royal Bank of Canada (L) 28,076 $ 1,614,706
Saputo, Inc. (L) 2,800 120,334
Shaw Communications, Inc., Class B (L) 7,402 151,488
Shoppers Drug Mart Corp. (L) 4,256 177,193
Silver Wheaton Corp. 7,100 282,238
SNC-Lavalin Group, Inc. 3,013 116,309
Sun Life Financial, Inc. (Toronto    
Stock Exchange) (L) 11,352 263,506
Suncor Energy, Inc. 30,473 1,002,438
Talisman Energy, Inc. 20,426 273,012
Teck Resources, Ltd. 11,414 336,812
TELUS Corp., Non-Voting Shares 3,044 190,424
The Toronto-Dominion Bank (L) 17,700 1,476,170
Thomson Reuters Corp. (L) 7,411 214,241
Tim Hortons, Inc. 3,000 156,118
TMX Group Ltd. (I) 159 8,132
Tourmaline Oil Corp. (I) 2,700 84,287
TransAlta Corp. (L) 4,921 75,334
TransCanada Corp. (L) 13,650 621,199
Turquoise Hill Resources, Ltd. (I) 8,322 70,853
Valeant Pharmaceuticals International, Inc. (I) 5,850 322,878
Vermilion Energy, Inc. (L) 1,900 89,289
Viterra, Inc. 7,500 122,902
Yamana Gold, Inc. (L) 14,538 277,717
 
    24,547,210
Chile - 0.4%    
Banco Santander Chile, ADR (L) 2,849 208,661
Cencosud SA 54,829 332,314
Cia Cervecerias Unidas SA, ADR 1,234 88,021
Corpbanca SA, ADR (L) 2,999 54,222
Empresa Nacional de Electricidad SA, ADR 2,350 112,706
Enersis SA, ADR 5,590 91,620
Latam Airlines Group SA (I) 1,632 40,654
Latam Airlines Group SA, ADR (L) 5,140 129,939
Sociedad Quimica y Minera de    
Chile SA, ADR (L) 1,829 112,740
Vina Concha Y Toro SA, ADR 808 33,637
 
    1,204,514
China - 3.0%    
Agile Property Holdings, Ltd. 30,789 34,684
Agricultural Bank of China, Ltd., H Shares 437,000 169,983
Air China, Ltd., H Shares 22,534 14,163
Aluminum Corp. of China, Ltd., H Shares (I) 81,220 33,064
Angang Steel Company, Ltd., H Shares (I) 51,547 26,424
Anhui Conch Cement Company, Ltd., H Shares 26,790 83,151
Bank of China, Ltd., H Shares 1,482,486 563,874
Bank of Communications Company, Ltd.,    
H Shares 155,747 105,272
Beijing Capital International Airport    
Company, Ltd., H Shares 74,789 50,069
Byd Company, Ltd., H Shares (I) 10,705 18,589
China BlueChemical, Ltd., H Shares 70,000 41,064
China Citic Bank Corp., Ltd., H Shares 152,400 71,790
China Coal Energy Company, Ltd., H Shares 91,000 82,594
China Communications Construction    
Company, Ltd., H Shares 90,800 73,086
China Communications Services Corp., Ltd.,    
H Shares 86,400 50,247
China Construction Bank Corp., H Shares 1,412,568 976,118
China COSCO Holdings Company, Ltd.,    
H Shares (I) 50,796 20,712
China Dongxiang Group Company 87,500 9,326
China Life Insurance Company, Ltd., H Shares 140,624 405,095

 

189

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

International Equity Index Trust B (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
China (continued)    
China Longyuan Power Group Corp., H Shares 54,000 $ 35,388
China Merchants Bank Company, Ltd.,    
H Shares 80,691 135,122
China Minsheng Banking Corp., Ltd.,    
H Shares (L) 109,500 86,039
China National Building Material    
Company, Ltd., H Shares 48,000 52,814
China Oilfield Services, Ltd., H Shares 24,000 43,572
China Pacific Insurance Group Company, Ltd.,    
H Shares 33,400 100,505
China Petroleum & Chemical Corp., H Shares 323,970 301,001
China Railway Construction Corp., H Shares 71,500 64,265
China Railway Group, Ltd., H Shares 75,000 32,699
China Shenhua Energy Company, Ltd.,    
H Shares 62,500 240,480
China Shipping Container Lines Company, Ltd.,    
H Shares (I) 72,473 14,667
China Shipping Development Company, Ltd.,    
H Shares 56,432 23,315
China Telecom Corp., Ltd., H Shares 301,604 174,578
China Yurun Food Group, Ltd. (I)(L) 35,000 25,123
CNOOC, Ltd. 337,274 684,352
Country Garden Holdings Company (I) 128,325 49,909
CSR Corp., Ltd., H Shares 48,000 31,615
Datang International Power Generation    
Company, Ltd., H Shares 142,864 47,990
Dongfang Electric Corp. Ltd., H Shares 20,000 27,121
Dongfeng Motor Group Company, Ltd.,    
H Shares 51,220 59,586
ENN Energy Holdings, Ltd. 18,000 75,775
Evergrande Real Estate Group, Ltd. 119,000 46,971
Fosun International, Ltd. 92,000 44,251
Golden Eagle Retail Group, Ltd. 15,000 29,357
Great Wall Motor Company, Ltd., H Shares 24,000 63,180
Guangzhou Automobile Group Company, Ltd.,    
H Shares 43,819 28,650
Guangzhou R&F Properties Company, Ltd.,    
H Shares 18,800 21,638
Hengan International Group Company, Ltd. 12,000 113,263
Huaneng Power International, Inc., H Shares 61,436 46,646
Industrial & Commercial Bank of China,    
H Shares 1,277,778 751,372
Jiangsu Expressway, Ltd., H Shares 49,145 41,124
Jiangxi Copper Company Ltd. 24,075 60,589
Lenovo Group, Ltd. 131,436 108,844
Longfor Properties Company, Ltd. 30,500 47,042
Parkson Retail Group, Ltd. 42,500 35,520
PetroChina Company, Ltd., H Shares 400,261 519,705
PICC Property & Casualty Company, Ltd.,    
H Shares 50,342 61,555
Ping An Insurance Group Company, H Shares 34,645 260,869
Shandong Weigao Group Medical Polymer    
Company, Ltd., H Shares 48,000 62,015
Shanghai Electric Group Company, Ltd.,    
H Shares 54,864 19,436
Shui On Land, Ltd. 111,228 41,857
Sino-Ocean Land Holdings, Ltd. 68,473 38,690
Sinopec Shanghai Petrochemical    
Company, Ltd., H Shares 127,934 32,906
Sinopharm Group Company, Ltd., H Shares 18,000 57,534
Soho China, Ltd. 74,000 45,445
Sun Art Retail Group, Ltd. 43,500 54,058
Tencent Holdings, Ltd. 20,000 679,694
Tingyi Cayman Islands Holding Corp. 32,000 95,955
Tsingtao Brewery Company, Ltd., H Shares 4,000 21,995

 

International Equity Index Trust B (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
China (continued)    
Want Want China Holdings, Ltd. 122,000 $ 155,894
Weichai Power Company, Ltd., H Shares 7,680 23,488
Yangzijiang Shipbuilding Holdings, Ltd. 38,000 30,171
Yanzhou Coal Mining Company, Ltd., H Shares 35,990 54,556
Zhejiang Expressway Company, Ltd., H Shares 67,718 47,098
Zijin Mining Group Company, Ltd., H Shares 123,616 49,725
Zoomlion Heavy Industry Science and    
Technology Company, Ltd., H Shares 33,000 37,249
ZTE Corp., H Shares 25,786 41,056
 
    9,004,619
Colombia - 0.3%    
Bancolombia SA, ADR (L) 9,000 537,390
Ecopetrol SA, ADR 4,000 235,720
 
    773,110
Czech Republic - 0.1%    
CEZ AS 3,639 135,734
Komercni Banka AS 322 64,255
Telefonica Czech Republic AS 2,389 48,304
 
    248,293
Denmark - 0.8%    
A P Moller Maersk A/S 15 101,787
A P Moller Maersk A/S, Series A 25 179,196
Carlsberg A/S 2,127 188,603
Coloplast A/S 441 91,870
Danske Bank A/S (I) 13,736 248,247
DSV A/S, ADR 3,655 82,245
Novo Nordisk A/S 8,044 1,269,617
Novozymes A/S, B shares 4,140 114,195
TDC A/S 7,700 56,120
Tryg A/S 800 51,996
William Demant Holdings A/S (I) 418 37,488
 
    2,421,364
Egypt - 0.1%    
Commercial International Bank 13,058 74,117
Egypt Kuwait Holding Company 15,787 21,153
Egyptian Financial Group-Hermes Holding (I) 5,727 11,310
EL EZZ Steel Company 2,373 4,768
Orascom Construction Industries 1,751 82,473
Orascom Telecom Holding SAE (I) 48,717 30,045
Telecom Egypt 8,967 21,415
 
    245,281
Finland - 0.5%    
Elisa OYJ, Class A 2,753 62,310
Fortum OYJ 8,285 152,775
Kesko OYJ, B Shares 1,137 32,212
Kone OYJ 3,300 228,859
Metso OYJ 2,773 99,623
Neste Oil OYJ 1,931 25,396
Nokia OYJ (L) 70,976 182,817
Nokian Renkaat OYJ 2,210 90,284
Orion OYJ, Series B 1,460 31,282
Pohjola Bank OYJ 2,640 34,840
Sampo OYJ 9,048 282,231
Stora Enso OYJ, Series R (L) 12,353 76,718
UPM-Kymmene OYJ 11,020 125,019
Wartsila OYJ, Abp 3,462 120,317
 
    1,544,683
France - 5.8%    
Accor SA 2,798 93,616
Aeroports de Paris 664 53,022
Air Liquide SA 5,959 740,175

 

190

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

International Equity Index Trust B (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
France (continued)    
Alcatel-Lucent (I)(L) 42,942 $ 47,572
Alstom SA 4,094 144,095
ANF Immobilier 8 329
Arkema SA 1,125 105,679
AtoS 1,066 74,462
AXA SA 33,295 497,525
BNP Paribas SA 19,337 924,220
Bouygues SA 4,372 107,071
Bureau Veritas SA 1,113 114,240
Cap Gemini SA 2,978 126,440
Carrefour SA 11,401 237,026
Casino Guichard Perrachon SA 1,144 101,436
Christian Dior SA 1,054 141,840
Cie de Saint-Gobain 7,551 266,172
Cie Generale d’Optique    
Essilor International SA 3,881 363,935
Cie Generale de Geophysique-Veritas (I)(L) 2,658 84,026
Cie Generale des Etablissements Michelin 3,653 287,182
CNP Assurances 3,082 40,317
Credit Agricole SA (I) 20,270 140,766
Danone SA 11,024 679,791
Dassault Systemes SA 1,193 125,676
Edenred 3,216 90,525
Electricite de France SA 4,874 102,343
Eurazeo 771 35,420
Eutelsat Communications 2,698 86,661
Fonciere Des Regions 573 43,134
France Telecom SA 35,490 429,044
GDF Suez (L) 24,289 544,325
Gecina SA 491 50,354
Groupe Eurotunnel SA 11,175 78,877
ICADE 524 42,767
Iliad SA 417 67,955
Imerys SA 770 45,340
JCDecaux SA 1,510 34,352
Klepierre 2,303 80,868
L’Oreal SA 4,567 565,762
Lafarge SA 3,982 215,370
Lagardere SCA 2,470 67,654
Legrand SA 4,454 168,348
LVMH Moet Hennessy Louis Vuitton SA 4,842 730,188
Natixis 19,760 62,493
Pernod-Ricard SA 4,186 470,405
Peugeot SA (I)(L) 4,536 35,972
PPR 1,483 228,248
Publicis Groupe SA 2,879 161,420
Remy Cointreau SA 425 48,878
Renault SA 3,785 178,397
Rexel SA 2,047 41,274
Safran SA 3,354 120,899
Sanofi 23,532 2,010,321
Schneider Electric SA 10,256 609,160
SCOR SE 3,541 91,229
Societe BIC SA 610 73,803
Societe Generale SA (I) 12,763 364,031
Sodexo 1,824 137,488
Suez Environnement Company 5,210 59,134
Technip SA 1,936 216,018
Thales SA 1,859 64,021
Total SA 41,383 2,058,344
Unibail-Rodamco SE 1,732 345,796
Valeo SA 140 6,500
Vallourec SA 2,351 99,792
Veolia Environnement SA 7,359 79,277
Vinci SA 8,701 371,863

 

International Equity Index Trust B (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
France (continued)    
Vivendi SA 24,412 $ 477,312
Wendel SA 714 60,394
Zodiac Aerospace 650 63,406
 
    17,511,775
Germany - 5.3%    
Adidas AG 4,047 332,352
Allianz SE 8,736 1,040,205
Axel Springer AG 942 40,864
BASF SE 17,419 1,471,862
Bayer AG 15,683 1,349,396
Bayerische Motoren Werke AG 6,310 462,592
Beiersdorf AG 1,912 140,442
Brenntag AG 972 124,586
Celesio AG 1,332 23,766
Commerzbank AG (I) 75,642 135,587
Continental AG 1,667 163,539
Daimler AG 17,434 845,609
Deutsche Bank AG 17,866 707,055
Deutsche Boerse AG 3,772 208,895
Deutsche Lufthansa AG 5,098 69,247
Deutsche Post AG 15,829 309,466
Deutsche Telekom AG 53,838 662,571
E.ON AG 34,590 822,032
Fraport AG Frankfurt Airport    
Services Worldwide 836 48,422
Fresenius Medical Care AG & Company KGaA 3,800 278,904
Fresenius SE & Company KGaA 2,276 264,459
GEA Group AG 3,548 107,505
Hannover Rueckversicherung AG 1,110 71,015
HeidelbergCement AG 2,974 156,140
Henkel AG & Company, KGaA 2,707 176,696
Hochtief AG (I) 973 45,671
Hugo Boss AG 395 34,795
Infineon Technologies AG 20,610 130,778
K&S AG 3,196 157,484
Kabel Deutschland Holding AG 1,500 107,169
Lanxess AG 1,672 138,805
Linde AG 3,644 628,254
MAN SE 2,251 206,331
Merck KGaA 1,226 151,316
Metro AG 2,459 73,605
Muenchener Rueckversicherungs AG 3,401 531,423
RWE AG 9,698 434,654
Salzgitter AG 741 28,676
SAP AG 17,696 1,254,848
Siemens AG 15,604 1,558,244
Suedzucker AG 1,367 48,430
ThyssenKrupp AG 6,274 133,582
United Internet AG 1,746 35,624
Volkswagen AG 554 92,778
Wacker Chemie AG 348 22,363
 
    15,828,037
Greece - 0.0%    
Coca Cola Hellenic Bottling Company SA 3,310 61,786
OPAP SA 4,860 25,047
 
    86,833
Hong Kong - 3.0%    
AIA Group, Ltd. 201,200 743,048
ASM Pacific Technology, Ltd. 4,414 52,186
Bank of East Asia, Ltd. (L) 31,932 119,210
Beijing Enterprises Holdings, Ltd. 9,786 65,199
Belle International Holdings, Ltd. 89,978 161,611
BOC Hong Kong Holdings, Ltd. 75,328 238,695

 

191

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

International Equity Index Trust B (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Hong Kong (continued)    
Brilliance China Automotive Holdings, Ltd. (I) 44,000 $ 48,384
Cathay Pacific Airways, Ltd. 17,782 28,862
Cheung Kong Holdings, Ltd. 25,849 377,392
Cheung Kong Infrastructure Holdings, Ltd. 9,772 59,310
China Agri-Industries Holdings, Ltd. 67,216 37,915
China Everbright, Ltd. 34,216 42,538
China Gas Holdings, Ltd. 74,000 40,664
China Mengniu Dairy Company, Ltd. 20,502 61,560
China Merchants Holdings    
International Company, Ltd. 23,725 72,949
China Mobile, Ltd. 115,030 1,275,468
China Overseas Land & Investment, Ltd. 89,522 227,516
China Resource Power Holdings, Ltd. 31,667 69,187
China Resources Enterprises, Ltd. 23,145 76,978
China Resources Gas Group, Ltd. 18,000 36,756
China Resources Land, Ltd. 46,789 102,583
China State Construction    
International Holdings, Ltd. 42,000 49,350
China Taiping Insurance    
Holdings Company, Ltd. (I) 34,000 52,969
China Unicom Hong Kong, Ltd. 83,432 136,036
Citic Pacific, Ltd. 19,967 23,794
CLP Holdings, Ltd. 36,289 308,514
COSCO Pacific, Ltd. 54,817 76,895
First Pacific Company, Ltd. 40,000 43,361
Foxconn International Holdings, Ltd. (I) 49,000 16,049
Galaxy Entertainment Group, Ltd. (I) 26,000 87,037
GOME Electrical Appliances Holdings, Ltd. (I) 210,384 22,148
Guangdong Investment, Ltd. 47,220 37,064
Hang Lung Group, Ltd. 16,000 101,167
Hang Lung Properties, Ltd. 42,326 144,527
Hang Seng Bank, Ltd. 15,519 237,842
Henderson Land Development Company, Ltd. 19,835 141,618
HKT Trust and HKT, Ltd. 1,934 1,640
Hong Kong & China Gas Company, Ltd. 105,472 265,316
Hong Kong Exchanges & Clearing, Ltd. 20,374 306,391
Hopewell Holdings, Ltd. 9,362 32,216
Huabao International Holdings, Ltd. (L) 45,000 25,461
Hutchison Whampoa, Ltd. 40,377 389,185
Hysan Development Company, Ltd. 10,536 47,766
Kerry Properties, Ltd. 11,438 57,723
Kingboard Chemical Holdings, Ltd. 8,549 20,375
Kunlun Energy Company, Ltd. 68,000 118,977
Li & Fung, Ltd. 113,942 176,333
Lifestyle International Holdings, Ltd. 8,500 17,482
MGM China Holdings, Ltd. 18,086 31,214
MTR Corp., Ltd. 24,709 93,658
New World Development Company, Ltd. 60,808 93,610
Nine Dragons Paper Holdings, Ltd. 37,000 18,684
Noble Group, Ltd. 50,761 54,498
NWS Holdings, Ltd. 31,796 51,238
Orient Overseas International, Ltd. 3,562 19,555
PCCW, Ltd. 89,000 36,316
Poly Property Group Company, Ltd. (I) 35,000 18,661
Power Assets Holdings, Ltd. 28,082 238,230
Shanghai Industrial Holdings, Ltd. 19,930 59,046
Shangri-La Asia, Ltd. 22,820 44,271
Shimao Property Holdings, Ltd. 30,500 52,189
Sino Land Company, Ltd. 62,198 115,656
Sino-Forest Corp. (I)(L) 4,100 0
Sinofert Holdings, Ltd. 82,000 15,986
SJM Holdings, Ltd. 34,000 73,543
Sun Hung Kai Properties, Ltd. 30,739 450,038
Swire Pacific, Ltd. 13,163 160,699
The Link REIT 46,615 220,577

 

International Equity Index Trust B (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Hong Kong (continued)    
Wharf Holdings, Ltd. 27,876 $ 191,558
Wheelock and Company, Ltd. 18,000 77,262
Wing Hang Bank, Ltd. 2,171 20,349
Yue Yuen Industrial Holdings, Ltd. 12,067 40,599
 
    9,052,684
Hungary - 0.1%    
Magyar Telekom Telecommunications PLC 5,422 10,394
MOL Hungarian Oil and Gas PLC 799 66,277
OTP Bank PLC (L) 4,572 80,502
Richter Gedeon Nyrt 257 44,965
 
    202,138
India - 1.4%    
Dr. Reddy’s Laboratories, Ltd., ADR 4,103 126,619
HDFC Bank, Ltd., ADR (L) 11,225 421,836
ICICI Bank, Ltd., ADR 16,741 671,984
Infosys, Ltd., ADR (L) 23,322 1,132,050
Larsen & Toubro, Ltd., GDR (S) 2,684 81,255
Mahindra & Mahindra, Ltd., ADR 6,560 105,288
Ranbaxy Laboratories, Ltd., GDR (I) 5,719 55,789
Reliance Capital, Ltd., GDR (L)(S) 2,081 17,022
Reliance Communication, Ltd., GDR (S) 44,836 55,086
Reliance Industries, Ltd., GDR (S) 32,965 1,037,738
Reliance Infrastructure, Ltd., GDR (S) 1,080 33,023
State Bank of India, GDR 1,201 103,466
Tata Motors, Ltd., ADR (L) 9,630 247,298
Ultratech Cement, Ltd., GDR 752 28,056
Wipro, Ltd., ADR (L) 21,460 192,067
 
    4,308,577
Indonesia - 0.6%    
Adaro Energy Tbk PT 185,500 28,904
Astra Agro Lestari Tbk PT 12,658 28,927
Astra International Tbk PT 414,830 320,297
Bank Central Asia Tbk PT 256,274 210,800
Bank Danamon Indonesia Tbk PT 101,362 66,026
Bank Mandiri Persero Tbk PT 147,111 125,506
Bank Pan Indonesia Tbk PT (I) 33,314 2,392
Bank Rakyat Indonesia Persero Tbk PT 221,002 171,150
Berlian Laju Tanker Tbk PT (I) 128,000 2,622
Bumi Resources Tbk PT 351,780 26,632
Energi Mega Persada Tbk PT (I) 138,000 1,286
Gudang Garam Tbk PT 13,000 63,033
Indo Tambangraya Megah Tbk PT 10,500 46,043
Indocement Tunggal Prakarsa Tbk PT 26,487 56,250
Indofood Sukses Makmur Tbk PT 122,905 72,302
Indosat Tbk PT 12,500 7,059
Indosat Tbk PT, ADR 20 562
Perusahaan Gas Negara Persero Tbk PT 200,985 86,400
Semen Gresik Persero Tbk PT 44,140 66,276
Tambang Batubara Bukit Asam Persero Tbk PT 15,500 26,110
Telekomunikasi Indonesia Persero Tbk PT 213,000 209,476
Telekomunikasi Indonesia Tbk PT, ADR 179 6,968
Unilever Indonesia Tbk PT 23,500 63,631
United Tractors Tbk PT 47,796 102,758
Vale Indonesia Tbk PT 60,000 18,401
 
    1,809,811
Ireland - 0.6%    
Bank of Ireland (I) 2,500 313
C&C Group PLC 252 1,199
CRH PLC 17,806 343,164
CRH PLC (London Exchange) 257 4,961
Elan Corp. PLC (I) 762 8,208

 

192

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

International Equity Index Trust B (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Ireland (continued)    
Elan Corp. PLC (European    
Composite Exchange) (I) 7,867 $ 84,819
Experian PLC 19,334 321,729
Greencore Group PLC 26 34
Irish Bank Resolution Corp., Ltd. (I) 23,067 0
James Hardie Industries, Ltd. 8,535 76,682
Kerry Group PLC 2,460 125,822
Paddy Power PLC (London Exchange) 51 3,776
Ryanair Holdings PLC, ADR (I) 1,736 55,986
Shire PLC 10,853 321,242
WPP PLC 24,576 334,621
 
    1,682,556
Israel - 0.4%    
Bank Hapoalim, Ltd. (I) 19,001 67,702
Bank Leumi Le-Israel, Ltd. (I) 31,056 86,554
Bezeq The    
Israeli Telecommunication Corp., Ltd. 32,666 37,962
Delek Group, Ltd. 54 9,019
Israel Chemicals, Ltd. 8,478 102,897
Israel Corp., Ltd. 35 22,175
Mellanox Technologies, Ltd. (I) 685 71,217
Mizrahi Tefahot Bank, Ltd. (I) 1,983 17,545
Nice Systems, Ltd. (I) 1,180 39,380
Teva Pharmaceutical Industries, Ltd. 17,762 735,336
 
    1,189,787
Italy - 1.4%    
Assicurazioni Generali SpA 22,151 319,422
Atlantia SpA 5,236 81,485
Autogrill SpA 1,665 15,865
Banca Monte dei Paschi di Siena SpA (I)(L) 47,648 13,783
Banco Popolare SC (I) 39,948 60,128
Beni Stabili SpA 3,030 1,594
Enel SpA 126,189 447,349
Eni SpA (L) 48,721 1,068,990
Exor SpA 1,998 50,438
Fiat Industrial SpA 13,990 137,233
Fiat SpA (I) 17,022 91,205
Finmeccanica SpA (I)(L) 9,840 46,905
Intesa Sanpaolo SpA 191,452 292,798
Intesa Sanpaolo SpA (Italian Exchange) 25,099 32,614
Luxottica Group SpA 2,689 94,900
Mediaset SpA 14,911 28,103
Mediobanca SpA 9,986 53,581
Pirelli & C. SpA (L) 6,945 75,039
Prelios SpA (I) 6,945 864
Prysmian SpA 4,754 85,106
Saipem SpA 4,930 237,513
Snam SpA 30,722 136,366
Telecom Italia SpA 199,534 200,506
Telecom Italia SpA 107,760 94,509
Terna Rete Elettrica Nazionale SpA 21,032 78,515
UniCredit SpA (I) 77,100 322,285
Unione di Banche Italiane SCPA 12,158 45,145
 
    4,112,241
Japan - 13.2%    
ABC-MART, Inc. 700 30,912
Advantest Corp. 3,180 41,309
Aeon Company, Ltd. 11,004 124,250
AEON Credit Service Company, Ltd. (L) 1,877 40,381
Aeon Mall Company, Ltd. 1,700 41,583
Air Water, Inc. 3,000 36,734
Aisin Seiki Company, Ltd. 3,479 98,873
Ajinomoto Company, Inc. (L) 12,305 192,707

 

International Equity Index Trust B (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Japan (continued)    
Alfresa Holdings Corp. 724 $ 35,684
All Nippon Airways Company, Ltd. (L) 18,715 39,321
Amada Company, Ltd. 7,829 34,277
Aozora Bank, Ltd. 14,000 42,849
Asahi Glass Company, Ltd. 20,191 134,417
Asahi Group Holdings, Ltd. 7,601 187,319
Asahi Kasei Corp. (L) 22,963 118,507
Asics Corp. 3,000 40,455
Astellas Pharma, Inc. (L) 8,369 425,068
Benesse Holdings, Inc. 1,354 65,517
Bridgestone Corp. 12,153 281,638
Brother Industries, Ltd. 4,900 45,415
Canon, Inc. 22,274 712,830
Casio Computer Company, Ltd. (L) 3,933 27,704
Central Japan Railway Company, Ltd. 2,800 245,612
Chiyoda Corp. 3,000 46,632
Chubu Electric Power Company, Inc. 12,677 165,160
Chugai Pharmaceutical Company, Ltd. 4,616 96,661
Citizen Holdings Company, Ltd. 5,835 29,484
Coca-Cola West Company, Ltd. 1,077 17,793
Cosmo Oil Company, Ltd. 14,000 25,502
Credit Saison Company, Ltd. (L) 3,191 77,105
Dai Nippon Printing Company, Ltd. (L) 10,953 76,308
Daicel Corp. 6,534 39,163
Daido Steel Company, Ltd. 6,000 27,885
Daihatsu Motor Company, Ltd. 4,000 66,680
Daiichi Sankyo Company, Ltd. (L) 12,472 206,090
Daikin Industries, Ltd. 4,715 122,138
Dainippon Sumitomo    
Pharma Company, Ltd. (L) 3,700 40,663
Daito Trust Construction Company, Ltd. 1,319 132,643
Daiwa House Industry Company, Ltd. (L) 10,715 155,470
Daiwa Securities Group, Inc. (L) 33,251 126,419
Dena Company, Ltd. 2,000 65,836
Denki Kagaku Kogyo KK 10,477 32,461
Denso Corp. 9,122 286,265
Dentsu, Inc. 3,400 86,219
East Japan Railway Company 6,400 423,851
Eisai Company, Ltd. (L) 4,652 209,373
Electric Power Development Company, Ltd. 2,200 57,650
FamilyMart Company, Ltd. 960 47,207
FANUC Corp. 3,679 592,527
Fast Retailing Company, Ltd. 1,066 246,916
Fuji Electric Company, Ltd. 13,420 27,318
Fuji Heavy Industries, Ltd. 11,000 91,248
FUJIFILM Holdings Corp. (L) 8,667 145,128
Fujitsu, Ltd. (L) 34,621 129,877
Fukuoka Financial Group, Inc. 16,000 64,960
Furukawa Electric Company, Ltd. (I) 14,362 26,982
Gree, Inc. (L) 1,900 34,618
GS Yuasa Corp. 7,000 29,152
Hakuhodo DY Holdings, Inc. 550 37,054
Hamamatsu Photonics KK 1,400 48,069
Hankyu Hanshin Holdings, Inc. 22,000 118,739
Hino Motors, Ltd. 4,886 31,968
Hirose Electric Company, Ltd. (L) 583 64,955
Hisamitsu Pharmaceutical Company, Inc. 1,200 66,216
Hitachi Chemical, Ltd. 2,384 32,204
Hitachi Construction    
Machinery Company, Ltd. (L) 1,943 31,418
Hitachi High-Technologies Corp. 1,500 36,165
Hitachi Metals, Ltd. 3,000 26,415
Hitachi, Ltd. (L) 86,118 478,522
Hokkaido Electric Power Company, Inc. 3,468 27,804
Hokuriku Electric Power Company 3,600 43,608

 

193

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

International Equity Index Trust B (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Japan (continued)    
Honda Motor Company, Ltd. 31,862 $ 977,676
Hoya Corp. (L) 8,492 186,515
Hulic Company, Ltd. (I) 6,200 37,456
Ibiden Company, Ltd. 2,600 37,970
Idemitsu Kosan Company, Ltd. 400 32,634
IHI Corp. 28,134 62,677
Inpex Corp. 41 242,871
Isetan Mitsukoshi Holdings, Ltd. 5,943 61,958
Isuzu Motors, Ltd. 24,000 115,830
ITOCHU Corp. (L) 28,102 284,664
Itochu Techno-Science Corp. 548 28,500
J Front Retailing Company, Ltd. 9,000 50,486
Japan Petroleum Exploration Company, Ltd. 600 23,928
Japan Prime Realty Investment Corp. 15 45,194
Japan Real Estate Investment Corp. (L) 11 110,756
Japan Retail Fund Investment Corp. 39 69,694
Japan Tobacco, Inc. 17,200 515,494
JFE Holdings, Inc. (L) 8,462 111,554
JGC Corp. (L) 3,886 129,637
JSR Corp. 3,633 59,549
JTEKT Corp. 4,843 38,258
Jupiter Telecommunications Company, Ltd. 32 32,479
JX Holdings, Inc. (L) 41,911 229,129
Kajima Corp. 18,191 49,623
Kamigumi Company, Ltd. 5,534 45,559
Kaneka Corp. 5,829 28,069
Kansai Paint Company, Ltd. 4,238 46,687
Kao Corp. (L) 10,062 296,533
Kawasaki Heavy Industries, Ltd. 28,963 57,472
Kawasaki Kisen Kaisha, Ltd. (I)(L) 17,067 21,411
KDDI Corp. (L) 5,300 410,652
Keikyu Corp. 9,067 85,493
Keio Corp. (L) 11,715 88,241
Keisei Electric Railway Company, Ltd. 5,000 45,155
Keyence Corp. 847 216,377
Kikkoman Corp. 3,238 44,258
Kinden Corp. 3,591 22,626
Kintetsu Corp. (L) 31,792 124,617
Kirin Holdings Company, Ltd. 15,896 212,553
Kobe Steel, Ltd. (I) 48,517 37,890
Koito Manufacturing Company, Ltd. 2,000 23,096
Komatsu, Ltd. 18,030 354,725
Konami Corp. 1,943 44,160
Konica Minolta Holdings, Inc. 9,891 75,969
Kubota Corp. 21,782 220,339
Kuraray Company, Ltd. (L) 7,000 79,520
Kurita Water Industries, Ltd. 2,419 53,565
Kyocera Corp. (L) 2,838 245,643
Kyowa Hakko Kogyo Company, Ltd. 4,611 55,696
Kyushu Electric Power Company, Inc. 7,831 64,486
Lawson, Inc. 1,231 94,591
LIXIL Group Corp. 5,216 124,398
Mabuchi Motor Company, Ltd. 518 23,683
Makita Corp. 2,343 90,878
Marubeni Corp. (L) 32,202 205,335
Marui Group Company, Ltd. 5,164 36,570
Maruichi Steel Tube, Ltd. 1,200 25,666
Mazda Motor Corp. (I) 53,000 61,730
McDonald’s Holdings Company, Ltd. 1,500 42,673
Medipal Holdings Corp. 2,590 35,576
MEIJI Holdings Company, Ltd. 1,300 64,533
Miraca Holdings, Inc. 1,200 53,851
Mitsubishi Chemical Holdings Corp. 25,000 95,706
Mitsubishi Corp. (L) 26,856 487,899
Mitsubishi Electric Corp. 36,973 272,276

 

International Equity Index Trust B (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Japan (continued)    
Mitsubishi Estate Company, Ltd. 23,782 $ 454,980
Mitsubishi Gas & Chemicals Company, Inc. 7,829 39,296
Mitsubishi Heavy Industries, Ltd. 58,937 255,095
Mitsubishi Logistics Corp. 1,943 23,115
Mitsubishi Materials Corp. 21,020 66,201
Mitsubishi Motors Corp. (I)(L) 80,000 73,771
Mitsubishi Tanabe Pharma Corp. 4,000 60,830
Mitsubishi UFJ Financial Group 249,100 1,160,624
Mitsubishi UFJ Lease &    
Finance Company, Ltd. 1,100 46,349
Mitsui & Company, Ltd. (L) 33,111 465,503
Mitsui Chemicals, Inc. (L) 18,010 35,057
Mitsui Fudosan Company, Ltd. 16,248 325,145
Mitsui O.S.K. Lines, Ltd. 21,487 50,059
Mizuho Financial Group, Inc. (L) 448,000 725,193
MS&AD Insurance Group Holdings (L) 9,200 158,137
Murata Manufacturing Company, Ltd. 3,804 202,361
Nabtesco Corp. (L) 2,100 38,528
Namco Bandai Holdings, Inc. 2,832 47,824
NEC Corp. (L) 48,383 76,455
Nexon Company, Ltd. (I) 2,100 28,902
NGK Insulators, Ltd. 4,829 57,804
NGK Spark Plug Company, Ltd. 3,238 34,041
NHK Spring Company, Ltd. 3,600 30,882
Nidec Corp. (L) 2,114 154,569
Nikon Corp. 6,481 178,178
Nintendo Company, Ltd. 2,108 265,074
Nippon Building Fund, Inc. 11 118,527
Nippon Electric Glass Company, Ltd. 8,000 43,878
Nippon Express Company, Ltd. 18,191 68,967
Nippon Meat Packers, Inc. (L) 3,238 41,560
Nippon Paper Group, Inc. (L) 1,800 21,226
Nippon Steel Corp. (L) 95,464 195,542
Nippon Telegraph & Telephone Corp. 8,300 393,849
Nippon Yusen KK (L) 29,077 51,371
Nissan Motor Company, Ltd. (L) 47,210 401,944
Nisshin Seifun Group, Inc. 3,386 41,637
Nisshin Steel Company 12,953 13,942
Nissin Food Products Company, Ltd. 1,284 50,338
Nitori Holdings Company, Ltd. 582 54,017
Nitto Denko Corp. 3,268 155,638
NKSJ Holdings, Inc. 6,800 133,026
NOK Corp. 2,308 36,918
Nomura Holdings, Inc. 70,293 251,009
Nomura Real Estate Holdings, Inc. 2,200 38,646
Nomura Real Estate Office Fund, Inc. 5 31,317
Nomura Research Institute, Ltd. 1,889 38,676
NSK, Ltd. 7,715 44,745
NTN Corp. (L) 10,772 21,649
NTT Data Corp. 24 74,907
NTT DOCOMO, Inc. (L) 292 473,552
NTT Urban Development Corp. 22 17,692
Obayashi Corp. 11,362 51,806
Odakyu Electric Railway Company, Ltd. (L) 11,305 118,903
OJI Paper Company, Ltd. (L) 15,191 46,299
Olympus Corp. (I) 4,534 88,246
Omron Corp. 3,839 73,726
Ono Pharmaceutical Company, Ltd. 1,700 104,502
Oracle Corp. Japan 748 38,412
Oriental Land Company, Ltd. (L) 1,007 132,510
ORIX Corp. 2,054 205,961
Osaka Gas Company, Ltd. 35,155 154,933
Otsuka Corp. 300 26,789
Otsuka Holdings Company, Ltd. 7,300 226,344
Panasonic Corp. (L) 42,693 281,991

 

194

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

International Equity Index Trust B (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Japan (continued)    
Rakuten, Inc. 14,000 $ 142,451
Resona Holdings, Inc. 36,500 149,570
Ricoh Company, Ltd. (L) 11,601 97,857
Rinnai Corp. 548 40,645
Rohm Company, Ltd. 1,973 66,399
Sankyo Company, Ltd. 1,107 51,461
Sanrio Company, Ltd. (L) 800 28,429
Santen Pharmaceutical Company, Ltd. 1,600 73,476
SBI Holdings, Inc. 5,090 32,777
Secom Company, Ltd. (L) 4,110 214,248
Sega Sammy Holdings, Inc. 3,408 64,493
Seiko Epson Corp. (L) 2,178 13,038
Sekisui Chemical Company, Ltd. 8,772 70,667
Sekisui House, Ltd. 9,362 92,918
Seven & I Holdings Company, Ltd. 14,219 436,646
Seven Bank, Ltd. 9,000 27,437
Sharp Corp. (L) 19,782 48,997
Shikoku Electric Power Company, Inc. 3,700 41,308
Shimadzu Corp. 4,000 27,945
Shimamura Company, Ltd. 424 49,293
Shimano, Inc. 1,531 111,468
Shimizu Corp. 12,305 41,448
Shin-Etsu Chemical Company, Ltd. (L) 7,789 437,856
Shinsei Bank, Ltd. 29,906 38,671
Shionogi & Company, Ltd. 5,777 87,978
Shiseido Company, Ltd. (L) 6,977 95,722
Showa Denko KK 22,839 36,260
Showa Shell Sekiyu KK 3,045 16,143
SMC Corp. 1,036 166,886
Softbank Corp. (L) 17,012 688,568
Sojitz Corp. 26,509 34,287
Sony Corp. (L) 19,058 222,502
Sony Financial Holdings, Inc. 3,600 61,328
Square Enix Company, Ltd. 1,400 21,356
Stanley Electric Company, Ltd. 2,692 39,844
Sumco Corp. (I) 2,900 19,522
Sumitomo Chemical Company, Ltd. (L) 28,554 72,741
Sumitomo Corp. (L) 21,034 283,626
Sumitomo Electric Industries, Ltd. (L) 14,301 151,051
Sumitomo Heavy Industries, Ltd. 12,010 41,046
Sumitomo Metal Industries, Ltd. (L) 61,423 92,087
Sumitomo Metal Mining Company, Ltd. (L) 9,715 121,833
Sumitomo Mitsui Financial Group, Inc. (L) 26,300 818,163
Sumitomo Mitsui Trust Holdings, Inc. (L) 57,010 169,324
Sumitomo Realty &    
Development Company, Ltd. (L) 7,124 188,993
Sumitomo Rubber Industries, Ltd. 3,700 43,917
Suruga Bank, Ltd. 3,886 43,918
Suzuken Company, Ltd. 1,177 39,047
Suzuki Motor Corp. (L) 6,700 129,974
Sysmex Corp. 1,400 67,157
T&D Holdings, Inc. 11,400 123,325
Taiheiyo Cement Corp. 21,000 45,179
Taisei Corp. (L) 20,134 57,771
Taisho Pharmaceutical Holdings Company, Ltd. 700 57,012
Taiyo Nippon Sanso Corp. 5,181 27,268
Takashimaya Company, Ltd. 5,181 35,469
Takeda Pharmaceutical Company, Ltd. (L) 15,051 692,898
TDK Corp. (L) 2,432 90,456
Teijin, Ltd. 19,896 48,658
Terumo Corp. (L) 2,697 116,042
The Bank of Kyoto, Ltd. 7,000 59,105
The Bank of Yokohama, Ltd. 24,316 115,144
The Chiba Bank, Ltd. 15,896 92,135
The Chugoku Bank, Ltd. 3,000 42,090

 

International Equity Index Trust B (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Japan (continued)    
The Chugoku Electric Power Company, Inc. (L) 6,000 $ 79,699
The Dai-ichi Life Insurance Company, Ltd. 167 189,377
The Gunma Bank, Ltd. 6,477 32,742
The Hachijuni Bank, Ltd. 7,000 38,588
The Iyo Bank, Ltd. 5,000 40,737
The Japan Steel Works, Ltd. 7,000 38,985
The Joyo Bank, Ltd. 13,953 67,962
The Kansai Electric Power Company, Ltd. 13,878 107,365
The Nishi-Nippon City Bank, Ltd. 13,000 30,134
The Shizuoka Bank, Ltd. (L) 10,658 109,086
THK Company, Ltd. 2,519 38,384
Tobu Railway Company, Ltd. 20,248 108,940
Toho Company, Ltd. 2,267 41,538
Toho Gas Company, Ltd. 8,000 53,112
Tohoku Electric Power Company, Inc. (I) 9,020 72,291
Tokio Marine Holdings, Inc. 13,700 349,709
Tokyo Electric Power Company, Inc. (I) 27,633 45,312
Tokyo Electron, Ltd. (L) 3,168 134,834
Tokyo Gas Company, Ltd. 47,165 259,831
Tokyu Corp. 23,134 110,547
Tokyu Land Corp. 9,829 52,601
TonenGeneral Sekiyu KK 5,829 50,446
Toppan Printing Company, Ltd. (L) 10,010 58,067
Toray Industries, Inc. 28,611 169,274
Toshiba Corp. (L) 76,289 244,123
Tosoh Corp. 11,772 22,308
TOTO, Ltd. 5,829 42,850
Toyo Seikan Kaisha, Ltd. 2,791 29,842
Toyo Suisan Kaisha, Ltd. 1,295 32,385
Toyoda Gosei Company, Ltd. 1,166 23,333
Toyota Boshoku Corp. 1,900 19,704
Toyota Industries Corp. 2,810 78,614
Toyota Motor Corp. 53,753 2,109,073
Toyota Tsusho Corp. (L) 4,400 94,029
Trend Micro, Inc. 2,267 63,280
Tsumura & Company, Ltd. 1,300 40,712
Ube Industries, Ltd. 18,963 40,792
Unicharm Corp. 2,242 128,720
Ushio, Inc. 1,943 23,338
USS Company, Ltd. 457 48,239
West Japan Railway Company 3,300 140,809
Yahoo Japan Corp. 298 113,470
Yakult Honsha Company, Ltd. (L) 1,743 82,615
Yamada Denki Company, Ltd. 1,664 72,924
Yamaguchi Financial Group, Inc. 4,000 32,383
Yamaha Corp. 2,474 22,937
Yamaha Motor Company, Ltd. 5,809 50,723
Yamato Kogyo Company, Ltd. 800 23,591
Yamato Transport Company, Ltd. (L) 6,620 104,805
Yamazaki Baking Company, Ltd. 2,591 34,640
Yaskawa Electric Corp. 4,000 26,746
Yokogawa Electric Corp. 3,086 35,646
 
    39,623,055
Jersey, C.I. - 0.1%    
Randgold Resources, Ltd. 1,573 193,714
Luxembourg - 0.2%    
ArcelorMittal 16,336 235,520
Millicom International Cellular SA 1,371 127,296
SES SA 5,965 162,487
Tenaris SA 10,162 207,350
 
    732,653
Macau - 0.1%    
Sands China, Ltd. 46,400 171,989

 

195

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

International Equity Index Trust B (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Macau (continued)    
Wynn Macau, Ltd. 26,443 $ 71,553
 
    243,542
Malaysia - 0.7%    
AirAsia BHD 21,700 21,471
Alliance Financial Group BHD 19,400 25,958
AMMB Holdings BHD 30,887 64,288
Axiata Group BHD 41,100 87,332
Berjaya Corp. BHD (Kuala Lumpur Exchange) 35,700 7,295
Berjaya Sports Toto BHD 11,035 15,626
British American Tobacco Malaysia BHD 2,200 43,440
CIMB Group Holdings BHD 84,100 206,310
DiGi.Com BHD 58,000 100,080
Gamuda BHD 24,200 27,228
Genting BHD 44,700 127,234
Genting Malaysia BHD 54,500 62,295
Genting Plantations BHD 15,000 45,125
Hong Leong Bank BHD 8,160 35,770
Hong Leong Financial Group BHD 5,600 21,724
IJM Corp. BHD 16,910 26,084
IJM Land BHD 1,395 971
IOI Corp. BHD 77,466 126,189
Kuala Lumpur Kepong BHD 8,250 59,566
Lafarge Malayan Cement BHD 9,360 27,060
Malayan Banking BHD 66,407 195,616
MISC BHD 26,280 36,494
MMC Corp. BHD 3,800 3,415
Parkson Holdings BHD 20,197 31,814
Petronas Chemicals Group BHD 41,700 87,224
Petronas Dagangan BHD 6,600 48,472
Petronas Gas BHD 8,100 50,351
PPB Group BHD 7,300 28,795
Public Bank BHD 22,526 105,984
RHB Capital BHD 7,174 16,913
Sime Darby BHD 50,801 162,837
Telekom Malaysia BHD 15,700 31,693
Tenaga Nasional BHD 32,250 71,906
UEM Land Holdings BHD (I) 36,187 19,831
UMW Holdings BHD 10,200 33,331
YTL Corp. BHD 77,792 43,708
YTL Power International BHD 82,365 44,723
 
    2,144,153
Mexico - 1.2%    
Alfa SAB de CV, Class A 59,360 110,495
America Movil SAB de CV, Series L 771,988 983,596
Arca Continental SAB de CV 7,500 53,110
Cemex SAB de CV (I) 191,029 158,947
Coca-Cola Femsa SAB de CV, Series L 9,059 117,315
Compartamos SAB de CV 28,000 32,782
El Puerto de Liverpool SAB de CV 4,600 40,633
Fomento Economico Mexicano SAB de CV 38,465 354,206
Fresnillo PLC 3,468 104,230
Grupo Aeroportuario del Pacifico SAB    
de CV, Series B 8,500 35,726
Grupo Bimbo SAB de CV 37,152 92,737
Grupo Carso SAB de CV, Series A1 15,484 52,918
Grupo Financiero Banorte SAB de CV, Series O 35,109 198,433
Grupo Financiero Inbursa SAB de CV, Series O 34,682 97,646
Grupo Mexico SAB de CV, Series B 76,139 251,633
Grupo Modelo SAB de CV 10,408 93,708
Grupo Televisa SA 51,643 243,536
Industrias Penoles SAB de CV 2,885 142,325
Kimberly-Clark de Mexico SAB de CV 25,278 60,368
Mexichem SAB de CV 17,117 81,637

 

International Equity Index Trust B (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Mexico (continued)    
Minera Frisco SAB de CV, Class A1 (I) 15,484 $ 65,500
Wal-Mart de Mexico SAB de CV 102,430 288,468
 
    3,659,949
Netherlands - 3.2%    
Aegon NV 36,706 191,734
Akzo Nobel NV 4,510 255,466
ASML Holding NV 8,082 433,251
Corio NV 1,488 63,462
Delta Lloyd NV 2,100 32,166
European Aeronautic Defence &    
Space Company NV (L) 7,928 252,043
Fugro NV 1,356 92,477
Gemalto NV (L) 1,508 132,835
Heineken Holding NV 2,157 104,954
Heineken NV 4,432 264,689
ING Groep NV (I) 73,466 584,014
Koninklijke Ahold NV 22,321 279,814
Koninklijke Boskalis Westinster NV 1,189 43,103
Koninklijke DSM NV 2,974 148,669
Koninklijke KPN NV 19,355 148,180
Koninklijke Philips Electronics NV 19,724 461,198
Koninklijke Vopak NV 1,450 101,966
QIAGEN NV (I) 5,180 95,321
Randstad Holdings NV 2,069 68,955
Reed Elsevier NV 14,114 189,027
Royal Dutch Shell PLC, B Shares 51,900 1,845,994
Royal Dutch Shell PLC, Class A (London    
Stock Exchange) 72,922 2,525,517
SBM Offshore NV (I) 2,842 40,662
TNT Express NV 5,935 62,017
Unilever NV 31,835 1,127,733
Wolters Kluwer NV 5,956 112,178
 
    9,657,425
New Zealand - 0.1%    
Auckland International Airport, Ltd. 12,000 26,064
Contact Energy, Ltd. (I) 4,977 21,721
Fletcher Building, Ltd. 16,247 93,545
SKYCITY Entertainment Group, Ltd. 6,852 21,440
Telecom Corp. of New Zealand, Ltd. (L) 32,985 64,981
 
    227,751
Norway - 0.6%    
Aker Solutions ASA 3,681 70,019
DNB ASA 20,289 249,537
Gjensidige Forsikring ASA 4,167 57,862
Norsk Hydro ASA 23,981 112,701
Orkla ASA 16,158 122,888
Seadrill, Ltd. 6,250 244,603
Statoil ASA 21,233 549,247
Telenor ASA 13,794 269,240
Yara International ASA 3,500 175,783
 
    1,851,880
Peru - 0.2%    
Compania de Minas Buenaventura SA 3,833 129,857
Credicorp SA 2,108 262,024
Credicorp, Ltd. 50 6,264
Southern Peru Copper Corp. 8,208 281,124
 
    679,269
Philippines - 0.2%    
Ayala Corp. 2,827 28,820
Ayala Land, Inc. 163,200 93,154
Bank of the Philippine Islands 13,739 26,258

 

196

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

International Equity Index Trust B (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Philippines (continued)    
BDO Unibank, Inc. (I) 6,573 $ 10,203
Energy Development Corp. 207,938 30,261
Filinvest Land, Inc. 98,991 3,223
Globe Telecom, Inc. 830 23,014
Jollibee Foods Corp. 10,900 26,384
Manila Electric Company 5,957 36,302
Metropolitan Bank & Trust Company 17,121 37,902
Philippine Long Distance Telephone Company 1,120 74,648
SM Investments Corp. 4,340 75,668
SM Prime Holdings, Ltd. 170,599 57,912
 
    523,749
Poland - 0.3%    
Asseco Poland SA 2,172 30,362
Bank Handlowy w Warszawie SA 326 8,986
Bank Millennium SA (I) 12,341 14,952
Bank Pekao SA 2,114 104,403
Boryszew SA (I) 23,796 4,242
BRE Bank SA (I) 365 36,043
Cyfrowy Polsat SA (I) 6,360 29,232
Eurocash SA 1,306 16,088
Firma Oponiarska Debica SA 64 968
Grupa Lotos SA (I) 722 7,075
Jastrzebska Spolka Weglowa SA 981 28,035
KGHM Polska Miedz SA 3,252 155,408
PGE SA 15,870 91,639
Polski Koncern Naftowy Orlen SA (I) 5,652 80,265
Polskie Gornictwo    
Naftowe i Gazownictwo SA (I) 27,824 35,376
Powszechna Kasa Oszczednosci    
Bank Polski SA 11,445 127,416
Powszechny Zaklad Ubezpieczen SA 969 109,037
Sygnity SA (I) 207 870
Synthos SA 14,988 26,753
Tauron Polska Energia SA 25,952 39,761
Telekomunikacja Polska SA 14,172 72,814
TVN SA 4,829 10,482
 
    1,030,207
Portugal - 0.1%    
Banco Espirito Santo SA (I)(L) 31,059 22,586
EDP - Energias de Portugal SA 37,846 104,384
Galp Energia SGPS SA 3,215 52,265
Jeronimo Martins SGPS SA 4,434 74,059
Portugal Telecom SGPS SA 11,970 59,297
 
    312,591
Russia - 1.5%    
Gazprom OAO, ADR 104,750 1,056,928
Gazprom OAO, ADR (London Exchange) 3,680 36,903
LUKOIL OAO, ADR 15,215 936,331
Mechel, ADR (L) 2,396 16,868
MMC Norilsk Nickel OJSC, ADR 22,264 355,111
Mobile TeleSystems OJSC, ADR 9,447 165,511
NovaTek OAO, GDR 1,689 199,763
Novolipetsk Steel OJSC, GDR 976 19,325
Rosneft OAO, GDR (I) 30,000 201,600
Sberbank of Russia, ADR 40,000 466,000
Sistema JSFC, GDR 1,446 29,499
Surgutneftegas OAO, ADR (L) 20,930 190,547
Surgutneftegas OAO, ADR, Class B 21,410 140,407
Tatneft OAO, ADR 9,856 408,728
Uralkali OSJC, GDR 6,000 248,220
VTB Bank OJSC, GDR 28,849 96,039
 
    4,567,780

 

International Equity Index Trust B (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Singapore - 1.2%    
Ascendas Real Estate Investment Trust 35,395 $ 69,377
CapitaLand, Ltd. 63,587 164,081
CapitaMall Trust 30,552 50,219
City Developments, Ltd. 12,715 121,238
ComfortDelGro Corp., Ltd. 55,269 77,118
Cosco Corp. Singapore, Ltd. (L) 42,000 32,870
DBS Group Holdings, Ltd. 34,593 404,044
Fraser and Neave, Ltd. 19,200 138,521
Genting Singapore PLC 126,400 140,604
Golden Agri-Resources, Ltd. 129,295 69,243
Hutchison Port Holdings Trust 110,100 79,845
Jardine Cycle and Carriage, Ltd. 1,924 75,207
K-Green Trust 6,562 5,477
Keppel Corp., Ltd. 29,491 272,518
Keppel Land, Ltd. 17,755 51,180
Neptune Orient Lines, Ltd. (I) 15,133 13,873
Olam International, Ltd. 23,293 38,676
Oversea-Chinese Banking Corp., Ltd. 52,502 398,512
SembCorp Industries, Ltd. 17,415 80,182
SembCorp Marine, Ltd. 13,706 55,254
Singapore Airlines, Ltd. 9,880 86,333
Singapore Exchange, Ltd. 16,601 94,403
Singapore Press Holdings, Ltd. 30,059 99,600
Singapore Technologies Engineering, Ltd. 39,202 112,892
Singapore Telecommunications, Ltd. 150,430 391,611
Suntec Real Estate Investment Trust 191 231
United Overseas Bank, Ltd. 25,678 410,003
UOL Group, Ltd. 7,568 35,244
Wilmar International, Ltd. 40,000 105,476
 
    3,673,832
South Africa - 1.8%    
ABSA Group, Ltd. 6,306 104,966
African Bank Investments, Ltd. 13,703 54,454
African Rainbow Minerals, Ltd. 2,145 42,055
Anglo American Platinum, Ltd. (L) 1,160 59,732
AngloGold Ashanti, Ltd. 7,147 250,972
ArcelorMittal South Africa, Ltd. (I) 3,365 16,604
Aspen Pharmacare Holdings, Ltd. 4,269 73,391
Assore, Ltd. 664 26,322
Aveng, Ltd. 7,920 29,784
Bidvest Group, Ltd. 5,674 140,531
Discovery Holdings, Ltd. 9,036 60,300
Exxaro Resources, Ltd. 2,168 41,966
FirstRand, Ltd. 59,334 198,944
Gold Fields, Ltd. 16,000 204,566
Growthpoint Properties, Ltd. 30,364 90,774
Harmony Gold Mining Company, Ltd. 7,113 59,535
Hulamin, Ltd. (I) 156 70
Impala Platinum Holdings, Ltd. 10,632 177,767
Imperial Holdings, Ltd. 3,431 77,352
Investec, Ltd. 3,621 22,244
Kumba Iron Ore, Ltd. (L) 1,658 100,334
Liberty Holdings, Ltd. 3,638 43,406
Massmart Holdings, Ltd. 1,777 35,647
MMI Holdings, Ltd. (L) 10,014 25,501
Mr. Price Group, Ltd. 4,517 68,398
MTN Group, Ltd. 32,401 624,070
Naspers, Ltd. 7,296 451,903
Nedbank Group, Ltd. 3,976 87,448
Netcare, Ltd. 11,647 25,058
Northam Platinum, Ltd. 5,619 20,148
Pick’n Pay Stores, Ltd. 2,994 16,061
Pretoria Portland Cement Company, Ltd. (I) 9,199 32,056
Redefine Income Fund, Ltd. 67,758 76,164

 

197

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

International Equity Index Trust B (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
South Africa (continued)    
Remgro, Ltd. 8,783 $ 153,480
Reunert, Ltd. 5,060 41,936
RMB Holdings, Ltd. 13,774 61,288
RMI Holdings 13,774 35,667
Sanlam, Ltd. 31,836 143,782
Sappi, Ltd. (I) 8,324 23,697
Sasol, Ltd. 10,376 462,223
Shoprite Holdings, Ltd. 8,525 172,528
Standard Bank Group, Ltd. (L) 22,724 288,602
Steinhoff International Holdings, Ltd. (I)(L) 27,133 85,080
Super Group, Ltd. (I) 290 535
The Foschini Group, Ltd. 3,406 51,912
Tiger Brands, Ltd. 3,203 105,267
Trans Hex Group, Ltd. (I) 514 187
Truworths International, Ltd. 7,931 89,628
Vodacom Group, Ltd. 9,731 119,479
Woolworths Holdings, Ltd. 12,136 88,676
 
    5,262,490
South Korea - 3.4%    
Amorepacific Corp. 60 63,752
AMOREPACIFIC Group 53 23,508
BS Financial Group, Inc. 2,097 22,515
Cheil Industries, Inc. 840 76,242
CJ CheilJedang Corp. 120 33,085
Daelim Industrial Company, Ltd. 480 40,694
Daewoo Engineering &    
Construction Company, Ltd. (I) 6,620 61,990
Daewoo International Corp. 836 31,490
Daewoo Securities Company, Ltd. 3,669 41,768
Daewoo Shipbuilding & Marine    
Engineering Company, Ltd. 1,710 39,582
DGB Financial Group, Inc. 3,940 51,905
Dongbu Insurance Company, Ltd. 990 43,090
Dongkuk Steel Mill Company, Ltd. 440 6,409
Doosan Corp. 370 45,348
Doosan Heavy Industries and    
Construction Company, Ltd. 580 29,051
Doosan Infracore Company, Ltd. (I) 1,950 32,934
E-Mart Company, Ltd. 447 97,498
GS Engineering & Construction Corp. 1,110 75,927
GS Holdings Corp. 851 50,755
Hana Financial Group, Inc. 4,870 147,367
Hankook Tire Company, Ltd. 1,190 44,541
Hanwha Chemical Corp. 2,217 42,265
Hanwha Corp. 840 25,996
Hitejinro Holdings Company, Ltd. 200 1,845
Honam Petrochemical Corp. 230 54,449
Hyosung Corp. 390 21,718
Hyundai Department Store Company, Ltd. 221 30,273
Hyundai Development Company 1,140 22,683
Hyundai Engineering &    
Construction Company, Ltd. 990 59,738
Hyundai Heavy Industries Company, Ltd. 920 206,187
Hyundai Mipo Dockyard 143 17,252
Hyundai Mobis 1,291 359,418
Hyundai Motor Company 3,031 683,407
Hyundai Securities Company, Ltd. 2,435 20,206
Hyundai Steel Company 1,100 86,401
Industrial Bank of Korea 2,860 31,355
Kangwon Land, Inc. 1,500 33,681
KB Financial Group, Inc. 5,140 181,537
KB Financial Group, Inc., ADR 2,566 90,554
KCC Corp. 81 21,236
Kia Motors Corp. 3,510 218,045

 

International Equity Index Trust B (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
South Korea (continued)    
Korea Electric Power Corp. (I) 3,830 $ 96,159
Korea Electric Power Corp., ADR (I)(L) 3,533 43,880
Korea Exchange Bank (I) 4,620 35,156
Korea Gas Corp. 450 29,005
Korea Investment Holdings Company, Ltd. 600 21,281
Korea Zinc Company, Ltd. 133 57,959
Korean Air Lines Company, Ltd. (I) 1,139 48,594
Korean Reinsurance Company, Ltd. 15 159
KT Corp. 2,633 83,079
KT Corp., ADR 1,397 21,849
KT&G Corp. 2,410 183,464
Kumho Industrial Company, Ltd. (I) 120 322
LG Chem, Ltd. 988 292,365
LG Corp. 1,990 110,302
LG Display Company, Ltd. (I) 3,760 95,186
LG Display Company, Ltd., ADR (I) 2,360 29,665
LG Electronics, Inc. 2,265 139,768
LG Household & Health Care, Ltd. 181 103,122
LG Innotek Company, Ltd. (I) 210 15,212
LG Uplus Corp. 4,472 29,221
Lotte Confectionery Company, Ltd. 14 19,537
Lotte Shopping Company, Ltd. 170 48,763
LS Cable, Ltd. 341 29,600
Mirae Asset Securities Company, Ltd. 875 26,339
NCSoft Corp. 380 81,002
NHN Corp. 828 215,870
OCI Company, Ltd. 240 38,609
POSCO 1,242 405,645
S-Oil Corp. 850 80,453
S1 Corp. 810 49,783
Samsung C&T Corp. 2,810 165,519
Samsung Card Company, Ltd. 1,490 53,547
Samsung Electro-Mechanics Company, Ltd. 1,160 99,894
Samsung Electronics Company, Ltd. 2,132 2,566,783
Samsung Engineering Company, Ltd. 600 102,945
Samsung Fire & Marine    
Insurance Company, Ltd. 820 175,902
Samsung Heavy Industries Company, Ltd. 3,350 112,695
Samsung SDI Company, Ltd. 660 93,539
Samsung Securities Company, Ltd. 1,108 51,901
Samsung Techwin Company, Ltd. 677 38,949
Shinhan Financial Group Company, Ltd. 8,575 289,683
Shinsegae Company, Ltd. 158 29,562
SK C&C Company, Ltd. 340 30,330
SK Holdings Company, Ltd. 719 99,949
SK Hynix, Inc. (I) 9,290 188,668
SK Innovation Company, Ltd. 1,280 192,281
SK Networks Company, Ltd. 3,090 28,377
SK Telecom Company, Ltd. 470 61,837
SK Telecom Company, Ltd., ADR 3,498 50,861
Woongjin Coway Company, Ltd. 1,930 53,054
Woori Finance Holdings Company, Ltd. 4,570 44,907
Woori Investment & Securities Company, Ltd. 3,944 41,359
Yuhan Corp. 350 48,153
 
    10,319,741
Spain - 1.8%    
Abertis Infraestructuras SA 8,152 120,295
Acciona SA 409 23,364
Acerinox SA (L) 1,561 17,574
ACS Actividades de Construccion    
y Servicios SA (L) 3,134 64,826
Amadeus IT Holding SA, A Shares 3,903 91,124
Banco Bilbao Vizcaya Argentaria SA 95,586 755,758
Banco de Sabadell SA (I)(L) 34,734 93,614

 

198

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

International Equity Index Trust B (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Spain (continued)    
Banco de Valencia SA (I) 54 $ 13
Banco Popular Espanol SA (L) 20,508 44,975
Banco Santander SA (I) 178,673 1,338,557
Bankia SA (I)(L) 16,798 28,052
CaixaBank (L) 16,396 61,630
Distribuidora Internacional de Alimentacion SA 10,956 60,580
Enagas SA 3,245 64,167
Ferrovial SA 6,635 86,543
Gas Natural SDG SA 5,987 84,974
Grifols SA (I) 1,776 58,720
Grifols SA, B Shares (I) 177 4,006
Iberdrola SA (L) 80,881 367,964
Inditex SA 4,113 510,612
Mapfre SA 15,725 43,062
Red Electrica Corp. SA 2,044 97,080
Repsol SA 16,230 315,895
Telefonica SA 81,420 1,085,696
Zardoya Otis SA 2,350 27,669
Zeltia SA (I) 175 328
 
    5,447,078
Sweden - 2.1%    
Alfa Laval AB 6,962 126,620
Assa Abloy AB, Series B 5,647 183,282
Atlas Copco AB, Series A 14,141 331,292
Atlas Copco AB, Series B 8,309 174,440
Boliden AB 6,000 100,440
Electrolux AB 5,064 125,380
Elekta AB, Series B 6,980 92,296
Getinge AB, B Shares 2,912 87,972
Hennes & Mauritz AB, B Shares 18,339 638,652
Hexagon AB 5,001 107,624
Holmen AB, Series B 371 10,138
Husqvarna AB, B Shares 6,017 30,776
Industrivarden AB, C Shares (I) 2,860 41,015
Investment AB Kinnevik 3,496 72,710
Investor AB, B Shares 8,347 184,190
Lundin Petroleum AB (I) 4,219 103,130
Modern Times Group AB, B Shares 1,128 49,942
Nordea Bank AB 50,017 496,554
Ratos AB 3,992 35,297
Sandvik AB 21,292 290,115
Scania AB, Series B 4,952 91,167
Securitas AB, Series B 3,499 26,334
Skandinaviska Enskilda Banken AB, Series A 26,041 218,748
Skanska AB, Series B 7,309 118,551
SKF AB, B Shares 8,152 176,448
SSAB AB, Series A 2,022 14,431
Svenska Cellulosa AB, B Shares 10,381 193,208
Svenska Handelsbanken AB, Class A 9,144 343,498
Swedbank AB, Class A 16,866 317,258
Swedish Match AB 4,653 188,384
Tele2 AB, Series B 6,631 120,549
Telefonaktiebolaget LM Ericsson, B Shares 57,711 526,377
TeliaSonera AB 40,546 292,283
Volvo AB, Series B 26,104 367,552
 
    6,276,653
Switzerland - 6.1%    
ABB, Ltd. 42,403 797,153
Actelion, Ltd. 2,203 110,517
Adecco SA 2,684 128,123
Aryzta AG (I) 1,799 86,376
Baloise Holding AG 913 71,902
Banque Cantonale Vaudoise 57 29,556

 

International Equity Index Trust B (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Switzerland (continued)    
Barry Callebaut AG 34 $ 31,567
Cie Financiere Richemont SA 9,960 597,180
Credit Suisse Group AG 22,354 475,412
GAM Holding AG 4,378 57,145
Geberit AG 752 163,838
Givaudan AG 160 152,038
Glencore International PLC (L) 72,921 405,396
Holcim, Ltd. 4,745 302,160
Julius Baer Group, Ltd. 3,970 138,440
Kuehne & Nagel International AG 1,037 117,340
Lindt & Spruengli AG - PC 18 56,982
Lindt & Spruengli AG - REG 2 72,269
Lonza Group AG 971 50,877
Nestle SA 62,374 3,934,623
Novartis AG 43,684 2,673,740
Pargesa Holding SA 557 36,931
Partners Group Holding AG 253 52,663
Roche Holdings AG 13,498 2,521,500
Schindler Holding AG    
(Participation Certificates) 934 114,976
Schindler Holding AG (Registered Shares) 414 51,163
SGS SA 105 215,676
Sika AG 39 79,638
Sonova Holding AG 944 95,517
STMicroelectronics NV 12,348 66,789
Straumann Holding AG 186 24,778
Sulzer AG 500 72,834
Swiss Life Holding 652 77,840
Swiss Prime Site AG 932 76,998
Swiss Re, Ltd. 6,633 426,819
Swisscom AG 448 180,238
Syngenta AG 1,805 674,530
The Swatch Group AG 919 64,055
The Swatch Group AG BR Shares 571 227,758
Transocean, Ltd. 6,746 302,516
UBS AG 70,095 855,477
Wolseley PLC 5,616 240,304
Xstrata PLC 39,790 617,481
Zurich Insurance Group AG 2,744 683,233
 
    18,212,348
Taiwan - 2.1%    
Acer, Inc. (I) 53,424 52,268
Advanced Semiconductor Engineering, Inc. 115,933 88,692
Advantech Company, Ltd. 1,811 6,612
Asia Cement Corp. 35,433 44,791
Asia Optical Company, Inc. (I) 79 90
Asustek Computer, Inc. 14,952 161,564
AU Optronics Corp. (I) 163,827 58,432
Catcher Technology Company, Ltd. 8,184 38,534
Cathay Financial Holdings Company, Ltd. 144,335 154,513
Chang Hwa Commercial Bank 79,308 42,847
Cheng Shin Rubber Industry Company, Ltd. 21,548 56,491
Cheng Uei Precision Industry Company, Ltd. 6,949 16,558
Chimei Innolux Corp. (I) 93,794 33,884
China Airlines, Ltd. (I) 26,874 11,228
China Development    
Financial Holdings Corp. (I) 213,153 52,515
China Motor Corp. 65 62
China Steel Corp. 217,538 197,373
Chinatrust Financial Holding Company, Ltd. 234,988 141,280
Chunghwa Telecom Company, Ltd. 72,148 231,128
Compal Communications, Inc. 512 555
Compal Electronics, Inc. 79,764 71,721
D-Link Corp. 361 220

 

199

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

International Equity Index Trust B (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Taiwan (continued)    
Delta Electronics, Inc. 32,331 $ 124,547
E.Sun Financial Holding Company, Ltd. 50,143 28,281
Epistar Corp. 10,064 21,359
Eternal Chemical Company, Ltd. 4,064 3,448
Eva Airways Corp. (I) 23,623 13,833
Evergreen Marine Corp., Ltd. (I) 8,799 4,621
Everlight Electronics Company, Ltd. 6,535 10,517
Far Eastern Department Stores Company, Ltd. 19,552 21,020
Far Eastern New Century Corp. 61,134 68,768
Far EasTone    
Telecommunications Company, Ltd. 16,159 39,972
First Financial Holding Company, Ltd. 108,731 67,109
Formosa Chemicals & Fibre Corp. 59,740 159,751
Formosa Petrochemical Corp. 24,720 74,087
Formosa Plastics Corp. 75,160 214,279
Formosa Taffeta Company, Ltd. 5,000 4,794
Foxconn Technology Company, Ltd. 13,795 53,274
Fubon Financial Holding Company, Ltd. 111,112 119,632
Hon Hai Precision Industry Company, Ltd. 189,382 586,526
HTC Corp. 13,997 135,315
Hua Nan Financial Holdings Company, Ltd. 74,724 41,941
Inotera Memories, Inc. (I) 428 74
Inventec Corp. 25,899 10,212
Kinsus Interconnect Technology Corp. 1,035 3,026
Largan Precision Company, Ltd. 1,143 23,553
Lite-On Technology Corp. 38,846 50,166
Macronix International 49,487 16,460
MediaTek, Inc. 20,340 213,775
Mega Financial Holding Company, Ltd. 151,661 115,847
Mitac International Corp. 2,814 1,081
Mosel Vitelic, Inc. (I) 428 33
Motech Industries, Inc. (I) 5,012 5,260
Nan Ya Plastics Corp. 89,240 178,159
Nan Ya Printed Circuit Board Corp. 1,188 1,930
Novatek Microelectronics Corp., Ltd. 7,361 26,628
Pan-International Industrial (I) 324 322
Pegatron Corp. (I) 32,989 42,669
Pou Chen Corp. 36,641 37,400
Powertech Technology, Inc. 13,149 25,112
President Chain Store Corp. 7,496 39,956
Quanta Computer, Inc. 39,771 105,139
Realtek Semiconductor Corp. 5,940 11,715
Richtek Technology Corp. 2,425 14,447
Shin Kong Financial Holding Company, Ltd. (I) 95,063 26,376
Siliconware Precision Industries Company 54,855 60,301
SinoPac Financial Holdings Company, Ltd. 104,368 43,757
Synnex Technology International Corp. 23,741 53,646
Taishin Financial Holdings Company, Ltd. 69,974 26,856
Taiwan Cement Corp. 60,781 75,180
Taiwan Cooperative Financial Holding 49,514 27,396
Taiwan Fertilizer Company, Ltd. 13,000 35,118
Taiwan Glass Industrial Corp. 11,254 11,376
Taiwan Mobile Company, Ltd. 32,257 117,559
Taiwan Semiconductor    
Manufacturing Company, Ltd. 416,227 1,268,298
Teco Electric & Machinery Company, Ltd. 16,000 11,060
Transcend Information, Inc. 6,608 17,820
Tripod Technology Corp. 4,110 10,086
Tung Ho Steel Enterprise Corp. 8,132 8,274
U-Ming Marine Transport Corp. 5,000 7,978
Uni-President Enterprises Corp. 78,600 139,029
Unimicron Technology Corp. 20,604 24,465
United Microelectronics Corp. 258,313 107,052
Wafer Works Corp. 142 81
Walsin Lihwa Corp. (I) 28,000 9,740

 

International Equity Index Trust B (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Taiwan (continued)    
Wan Hai Lines, Ltd. (I) 5,512 $ 3,081
Wistron Corp. 35,352 42,463
Ya Hsin Industrial Company, Ltd. (I) 22,000 0
Yang Ming Marine Transport Corp. (I) 3,348 1,394
Yuanta Financial Holdings Company, Ltd. 179,932 94,150
Yulon Motor Company, Ltd. 17,510 35,108
Zinwell Corp. 904 905
 
    6,435,945
Thailand - 0.6%    
Advanced Info Service PCL 16,600 115,413
Bangkok Bank PCL 6,300 39,528
Bangkok Bank PCL, Foreign Shares 14,800 96,385
Bank of Ayudhya PCL 99,000 101,065
Banpu PCL 4,100 52,216
BEC World PCL 25,900 64,371
Charoen Pokphand Foods PCL 69,900 76,077
CP ALL PCL 112,790 130,086
Electricity Generating PCL, Foreign Shares 800 3,379
Glow Energy PCL 13,200 28,411
IRPC PCL 214,900 29,743
Kasikornbank PCL (Foreign Shares) 34,500 204,044
Krung Thai Bank PCL 79,500 47,266
PTT Exploration & Production PCL 24,200 127,762
PTT Global Chemical PCL 30,220 61,854
PTT PCL, Foreign Shares 18,200 194,535
Siam Cement PCL (Foreign Shares) 5,000 64,522
Siam Commercial Bank PCL 25,500 139,596
Thai Oil PCL 33,400 70,804
 
    1,647,057
Turkey - 0.4%    
Adana Cimento Sanayii TAS, Class A 685 1,304
Akbank TAS 37,059 146,643
Akcansa Cimento AS 635 2,778
Aksigorta AS 3,270 3,515
Anadolu Efes Biracilik Ve Malt Sanayii AS 3,129 46,511
Arcelik AS 6,139 32,689
Asya Katilim Bankasi AS (I) 1,627 1,795
BIM Birlesik Magazalar AS 2,249 93,910
Coca-Cola Icecek AS 502 9,390
Emlak Konut Gayrimenkul Yatirim    
Ortakligi AS 17,803 24,896
Enka Insaat ve Sanayi AS 19,622 49,163
Eregli Demir ve Celik Fabrikalari TAS 26,650 32,814
HACI Omer Sabanci Holding AS 17,623 77,361
Is Gayrimenkul Yatirim Ortakligi AS 3,602 2,688
KOC Holdings AS 15,721 62,905
TAV Havalimanlari Holding AS (I) 4,656 23,083
Tupras Turkiye Petrol Rafinerileri AS 2,088 47,686
Turk Telekomunikasyon AS 9,035 36,005
Turkcell Iletisim Hizmetleri AS (I) 13,561 82,712
Turkiye Garanti Bankasi AS 44,592 186,383
Turkiye Halk Bankasi AS 4,523 35,289
Turkiye Is Bankasi, Class C 31,745 99,798
Turkiye Vakiflar Bankasi Tao, Class D 22,351 48,327
Yapi ve Kredi Bankasi AS (I) 13,970 33,326
 
    1,180,971
Ukraine - 0.0%    
Kernel Holding SA (I) 818 16,596
United Kingdom - 13.1%    
3i Group PLC 19,182 69,189
Aberdeen Asset Management PLC 16,345 82,314
Admiral Group PLC 4,195 71,519

 

200

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

International Equity Index Trust B (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
United Kingdom (continued)    
Aggreko PLC 5,234 $ 196,007
AMEC PLC 6,382 118,472
Anglo American PLC 26,623 783,708
Antofagasta PLC 7,576 155,098
ARM Holdings PLC 25,810 240,675
Associated British Foods PLC 7,091 147,773
AstraZeneca PLC 24,960 1,192,414
Aviva PLC 53,525 276,582
Babcock International Group PLC 7,310 109,608
BAE Systems PLC 59,907 315,373
Balfour Beatty PLC 11,350 55,818
Barclays PLC 221,865 772,294
BG Group PLC 66,334 1,343,204
BHP Billiton PLC 41,273 1,288,912
BP PLC 365,106 2,576,991
British American Tobacco PLC 38,379 1,973,396
British Land Company PLC 16,277 137,494
British Sky Broadcasting Group PLC 20,549 246,870
BT Group PLC 148,981 555,691
Bunzl PLC 5,814 104,305
Burberry Group PLC 8,595 139,560
Capita PLC 13,115 164,322
Capital Shopping Centres Group PLC 9,028 47,827
Carnival PLC 3,504 129,467
Centrica PLC 98,032 519,605
Cobham PLC 22,226 79,750
Compass Group PLC 35,314 390,570
Croda International PLC 2,576 101,034
Diageo PLC 48,899 1,376,825
Enquest PLC (I) 3,012 5,651
Eurasian Natural Resources Corp. PLC 5,661 28,369
Evraz PLC 6,377 25,495
G4S PLC 27,004 116,065
GKN PLC 29,822 103,670
GlaxoSmithKline PLC 98,382 2,269,455
Hammerson PLC 12,393 90,438
HSBC Holdings PLC 346,368 3,213,991
ICAP PLC 11,593 60,302
IMI PLC 6,113 89,115
Imperial Tobacco Group PLC 18,871 699,491
Inmarsat PLC 8,608 82,221
Intercontinental Hotels Group PLC 5,791 151,908
International Consolidated    
Airlines Group SA (I) 16,420 39,577
International Personal Finance PLC 84 407
Intertek Group PLC 3,077 136,402
Invensys PLC 13,252 50,219
Investec PLC 8,921 55,235
ITV PLC 70,984 101,633
J Sainsbury PLC 23,445 131,762
Johnson Matthey PLC 3,937 153,763
Kazakhmys PLC 4,514 50,762
Kingfisher PLC 45,532 194,562
Ladbrokes PLC 225 628
Land Securities Group PLC 15,446 190,161
Legal & General Group PLC 112,130 239,605
Lloyds Banking Group PLC (I) 793,819 500,164
London Stock Exchange Group PLC 3,228 49,233
Lonmin PLC (L) 3,285 29,710
Man Group PLC 39,526 52,779
Marks & Spencer Group PLC 30,655 176,868
Meggitt PLC (I) 13,521 86,461
Melrose PLC 25,534 100,001
National Grid PLC 67,680 747,124
Next PLC 3,043 169,916

 

International Equity Index Trust B (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
United Kingdom (continued)    
Old Mutual PLC 94,940 $ 261,357
Pearson PLC 15,729 307,790
Petrofac, Ltd. 4,983 128,729
Prudential PLC 48,505 629,393
Reckitt Benckiser Group PLC 12,950 746,127
Reed Elsevier PLC 23,852 228,359
Resolution, Ltd. 27,922 98,050
Rexam PLC 17,601 123,929
Rio Tinto PLC 26,306 1,229,709
Rolls-Royce Holdings PLC 35,922 490,241
Royal Bank of Scotland Group PLC (I) 36,256 150,585
RSA Insurance Group PLC 62,496 111,711
SABMiller PLC 18,184 799,968
Schroders PLC 2,472 60,819
Segro PLC 11,818 43,351
Serco Group PLC 10,196 95,701
Severn Trent PLC 4,565 123,812
Smith & Nephew PLC 17,164 189,575
Smiths Group PLC 7,542 126,486
SSE PLC 18,009 405,105
Standard Chartered PLC 46,684 1,057,472
Standard Life PLC 42,620 188,304
Tate & Lyle PLC 9,487 102,051
Tesco PLC 157,536 845,280
The Sage Group PLC 26,415 133,967
The Weir Group PLC 4,214 120,686
TUI Travel PLC 5,538 20,981
Tullow Oil PLC 17,144 380,277
Unilever PLC 25,147 915,905
United Utilities Group PLC 13,597 157,448
Vedanta Resources PLC (L) 2,400 40,129
Vodafone Group PLC 958,649 2,728,374
Whitbread PLC 3,406 125,074
WM Morrison Supermarkets PLC 41,676 192,196
 
    39,314,751
United States - 0.1%    
Brookfield Office Properties, Inc. 5,834 96,966
Catamaran Corp. (I) 2,000 196,013
Sims Metal Management, Ltd. 2,467 24,304
Southern Copper Corp. 266 9,140
 
    326,423
TOTAL COMMON STOCKS (Cost $255,382,474) $ 284,143,124
 
PREFERRED SECURITIES - 1.9%    
Brazil - 1.4%    
AES Tiete SA 3,400 38,239
Banco Bradesco SA 36,535 586,975
Banco do Estado do Rio Grande do Sul SA 4,032 34,289
Bradespar SA 4,600 63,852
Braskem SA, A Shares 4,100 28,860
Centrais Eletricas Brasileiras SA 4,300 38,668
Cia Brasileira de Distribuicao Grupo Pao    
de Acucar 2,536 113,274
Cia Paranaense de Energia 1,700 27,757
Companhia de Transmissao de Energia    
Eletrica Paulista 1,616 30,036
Companhia Energetica de Minas Gerais 9,286 112,591
Companhia Energetica de Sao Paulo 2,583 27,585
Eletropaulo Metropolitana Eletricidade de    
Sao Paulo SA 1,351 13,128
Gerdau SA 17,000 161,677
Itau Unibanco Holding SA 45,900 692,604
Itausa - Investimentos Itau SA 58,411 260,181

 

201

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

International Equity Index Trust B (continued)
Shares or  
Principal  
Amount Value
 
PREFERRED SECURITIES (continued)      
Brazil (continued)      
Klabin SA 16,000 $ 83,660
Lojas Americanas SA   7,557 59,155
Marcopolo SA   4,000 23,381
Metalurgica Gerdau SA   5,500 66,279
Oi SA 30,671 123,303
Petroleo Brasileiro SA 81,451 898,784
Telefonica Brasil SA   5,054 110,416
Usinas Siderurgicas de Minas Gerais SA 10,150 50,669
Vale SA 38,500 669,821
 
      4,315,184
Germany - 0.4%      
Bayerische Motoren Werke AG, 2.320%   1,201 61,739
Henkel AG & Company KGaA, 0.800%   3,446 274,241
Porsche Automobil Holding SE, 0.760%   2,904 174,076
ProSiebenSat.1 Media AG, 1.170%   2,065 52,119
RWE AG, 2.000%   824 32,887
Volkswagen AG, 3.060%   2,749 502,135
 
      1,097,197
Malaysia - 0.0%      
Malaysian Airline System BHD   2,300 749
South Korea - 0.1%      
Hyundai Motor Company, Ltd., 2nd Preferred   560 38,946
Hyundai Securities Company   980 7,078
Samsung Electronics Company, Ltd.   440 310,599
 
      356,623
TOTAL PREFERRED SECURITIES (Cost $4,413,506)   $ 5,769,753
 
RIGHTS - 0.0%      
CaixaBank (Expiration      
Date: 10/05/2012) (I)(N) 16,396 $ 1,348
Cie Generale de Geophysique - Veritas      
(Expiration Date: 10/12/2012; Strike Price      
EUR 17.00) (I)   2,658 4,290
KTB Investment & Securities Company, Ltd.      
(Expiration Date: 10/11/2012; Strike Price:      
THB 12.60 ) (I) 19,875 3,681
YTL Corp. BHD (Expiration Date: 10/17/2012;      
Strike Price: MYR 0.20) (I)   5,186 484
TOTAL RIGHTS (Cost $1,255)   $ 9,803
 
WARRANTS - 0.0%      
Kinross Gold Corp. (Expiration Date:      
09/17/2014, Strike Price: $21.30) (I)   605 431
TOTAL WARRANTS (Cost $2,883)   $ 431
 
SECURITIES LENDING COLLATERAL - 10.6%      
John Hancock Collateral      
Investment Trust, 0.3462% (W)(Y) 3,178,890 $ 31,816,235
TOTAL SECURITIES LENDING      
COLLATERAL (Cost $31,815,106)   $ 31,816,235
 
SHORT-TERM INVESTMENTS - 1.3%      
Money Market Funds - 1.3%      
AIM Short-Term Investment Trust, STIC Prime      
Portfolio, Institutional Class, 0.0800% (Y) 3,812,004 3,812,004
TOTAL SHORT-TERM INVESTMENTS (Cost $3,812,004) $ 3,812,004
Total Investments (International Equity Index Trust B)    
(Cost $295,427,228) - 108.5%   $ 325,551,350
Other assets and liabilities, net - (8.5%)     (25,469,796)
   
TOTAL NET ASSETS - 100.0%   $ 300,081,554
   

 

International Growth Stock Trust  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS - 88.9%    
Australia - 5.3%    
BHP Billiton, Ltd. 83,096 $ 2,847,156
Brambles, Ltd. 692,893 5,026,545
CSL, Ltd. 63,925 3,040,631
WorleyParsons, Ltd. 155,657 4,541,484
 
    15,455,816
Belgium - 2.3%    
Anheuser-Busch InBev NV 79,075 6,764,208
Brazil - 1.6%    
Banco Bradesco SA, ADR 302,923 4,867,973
Canada - 8.6%    
Agrium, Inc. 28,833 2,991,523
Canadian National Railway Company 28,234 2,498,297
Canadian Natural Resources, Ltd. 72,243 2,228,797
Cenovus Energy, Inc. 69,966 2,441,800
CGI Group, Inc. (I) 106,878 2,870,084
Fairfax Financial Holdings, Ltd. 6,346 2,451,192
Potash Corp. of Saskatchewan, Inc. 85,109 3,699,224
Suncor Energy, Inc. 182,228 5,994,562
 
    25,175,479
China - 3.0%    
Baidu, Inc., ADR (I) 30,715 3,588,126
CNOOC, Ltd. 1,115,000 2,262,413
Industrial & Commercial Bank of China,    
H Shares 5,058,000 2,974,256
 
    8,824,795
Denmark - 1.0%    
Novo Nordisk A/S 18,092 2,855,534
France - 4.4%    
Cap Gemini SA 56,591 2,402,744
Eutelsat Communications 59,714 1,918,035
L’Oreal SA 15,264 1,890,910
Publicis Groupe SA 65,233 3,657,481
Schneider Electric SA 49,328 2,929,858
 
    12,799,028
Germany - 4.7%    
Adidas AG 55,056 4,521,372
Fresenius Medical Care AG &    
Company KGaA 43,836 3,217,380
SAP AG 86,159 6,109,653
 
    13,848,405
Hong Kong - 3.2%    
China Mobile, Ltd. 316,500 3,509,451
Galaxy Entertainment Group, Ltd. (I) 857,000 2,868,868
Hutchison Whampoa, Ltd. 323,000 3,113,326
 
    9,491,645
Ireland - 1.7%    
Shire PLC 55,804 1,651,764
WPP PLC 239,428 3,259,993
 
    4,911,757
Israel - 2.0%    
Teva Pharmaceutical Industries, Ltd., ADR 140,320 5,810,651
Japan - 7.2%    
Canon, Inc. 88,900 2,845,048
Denso Corp. 92,500 2,902,824
FANUC Corp. 15,600 2,512,482
Keyence Corp. 12,700 3,244,375
Komatsu, Ltd. 63,700 1,253,245

 

202

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

International Growth Stock Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Japan (continued)    
Nidec Corp. 30,200 $ 2,208,126
Toyota Motor Corp. 80,200 3,146,757
Yamada Denki Company, Ltd. 68,050 2,982,273
 
    21,095,130
Mexico - 3.7%    
America Movil SAB de CV, Series L, ADR 149,155 3,794,503
Fomento Economico Mexicano SAB    
de CV, ADR 28,796 2,648,656
Grupo Televisa SAB, ADR 188,537 4,432,505
 
    10,875,664
Netherlands - 2.6%    
Koninklijke Ahold NV 39,765 498,491
Royal Dutch Shell PLC, B Shares 100,781 3,584,607
Unilever NV 99,030 3,508,071
 
    7,591,169
Russia - 0.5%    
Gazprom OAO, ADR (London Exchange) 162,629 1,630,833
Singapore - 2.4%    
Keppel Corp., Ltd. 454,200 4,197,133
United Overseas Bank, Ltd. 178,000 2,842,141
 
    7,039,274
South Korea - 2.9%    
Hyundai Mobis 15,679 4,365,077
NHN Corp. 15,615 4,071,030
 
    8,436,107
Spain - 1.1%    
Amadeus IT Holding SA, A Shares 137,272 3,204,911
Sweden - 4.1%    
Investment AB Kinnevik 77,181 1,605,218
Investor AB, B Shares 135,356 2,986,856
Swedbank AB, Class A 154,596 2,908,031
Telefonaktiebolaget LM Ericsson, B Shares 221,584 2,021,050
Volvo AB, Series B 183,816 2,588,182
 
    12,109,337
Switzerland - 8.3%    
ABB, Ltd. (I) 160,908 3,024,980
Informa PLC 361,006 2,353,790
Julius Baer Group, Ltd. (I) 77,614 2,706,517
Nestle SA 69,096 4,358,654
Novartis AG 51,113 3,128,443
Roche Holdings AG 22,840 4,266,636
Syngenta AG 12,047 4,501,973
 
    24,340,993
Taiwan - 1.0%    
Taiwan Semiconductor    
Manufacturing Company, Ltd. 996,000 3,034,943
Turkey - 0.9%    
Akbank TAS 653,073 2,584,216
United Kingdom - 16.4%    
BG Group PLC 239,108 4,841,722
British American Tobacco PLC 86,221 4,433,366
British Sky Broadcasting Group PLC 254,584 3,058,500
Centrica PLC 502,029 2,660,933
Compass Group PLC 603,180 6,671,131
GlaxoSmithKline PLC 45,564 1,051,061
Imperial Tobacco Group PLC 154,077 5,711,168
Kingfisher PLC 742,538 3,172,923
Next PLC 75,566 4,219,478
Pearson PLC 113,893 2,228,690

 

International Growth Stock Trust (continued)
    Shares or    
    Principal    
    Amount   Value
 
 
COMMON STOCKS (continued)        
United Kingdom (continued)        
Reed Elsevier PLC   705,808 $ 6,757,391
Smith & Nephew PLC   291,946   3,224,524
 
        48,030,887
TOTAL COMMON STOCKS (Cost $245,153,932)   $ 260,778,755
 
PREFERRED SECURITIES - 1.5%        
Germany - 1.5%        
Volkswagen AG   23,612   4,312,993
TOTAL PREFERRED SECURITIES (Cost $4,113,754) $ 4,312,993
 
SHORT-TERM INVESTMENTS - 9.2%        
Money Market Funds - 9.2%        
State Street Institutional Liquid Reserves        
Fund, 0.2106% (Y) $ 26,930,450   26,930,450
TOTAL SHORT-TERM INVESTMENTS (Cost $26,930,450) $ 26,930,450
Total Investments (International Growth Stock Trust)    
(Cost $276,198,136) - 99.6%     $ 292,022,198
Other assets and liabilities, net - 0.4%       1,124,322
 
TOTAL NET ASSETS - 100.0%     $ 293,146,520
 
 
 
 
International Index Trust        
    Shares or    
    Principal    
    Amount   Value
 
 
COMMON STOCKS - 95.8%        
Australia - 8.4%        
AGL Energy, Ltd.   2,776 $ 43,028
ALS, Ltd.   1,740   15,397
Alumina, Ltd. (I)   12,578   10,959
Amcor, Ltd.   6,150   49,373
AMP, Ltd.   14,818   66,279
APA Group, Ltd.   3,318   16,311
Asciano, Ltd.   5,027   22,578
ASX, Ltd.   904   27,669
Australia & New Zealand Banking Group, Ltd. 13,717   350,867
Bendigo and Adelaide Bank, Ltd.   2,013   15,992
BGP Holdings PLC (I)   164,392   0
BHP Billiton, Ltd.   16,512   565,759
Boral, Ltd.   3,839   15,229
Brambles, Ltd.   7,959   57,738
Caltex Australia, Ltd.   696   11,878
Centro Retail Australia   6,559   14,217
CFS Retail Property Trust Group   10,176   20,367
Coca-Cola Amatil, Ltd.   2,935   41,140
Cochlear, Ltd.   294   20,429
Commonwealth Bank of Australia   8,156   470,238
Computershare, Ltd.   2,291   19,652
Crown, Ltd.   2,064   19,419
CSL, Ltd.   2,614   124,336
Dexus Property Group   23,674   23,322
Echo Entertainment Group, Ltd.   3,808   15,064
Fairfax Media, Ltd.   11,515   4,921
Fortescue Metals Group, Ltd.   7,219   25,795
Goodman Group   7,970   32,719
GPT Group   7,315   25,674
Harvey Norman Holding, Ltd.   2,742   5,495
Iluka Resources, Ltd.   2,158   21,790
Incitec Pivot, Ltd.   8,391   25,792
Insurance Australia Group, Ltd.   10,594   47,854

 

203

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

International Index Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Australia (continued)    
Leighton Holdings, Ltd. 783 $ 13,415
Lend Lease Corp. 2,799 22,703
Lynas Corp., Ltd. (I) 8,833 7,156
Macquarie Group, Ltd. 1,688 49,560
Metcash, Ltd. 4,416 16,168
Mirvac Group 17,600 26,040
National Australia Bank, Ltd. 11,463 302,023
Newcrest Mining, Ltd. 3,918 116,453
Orica, Ltd. 1,861 47,829
Origin Energy, Ltd. 5,555 65,196
OZ Minerals, Ltd. 1,548 10,767
Qantas Airways, Ltd. (I) 5,716 7,201
QBE Insurance Group, Ltd. 6,052 81,016
QR National, Ltd. 8,802 31,023
Ramsay Health Care, Ltd. 678 16,854
Rio Tinto, Ltd. 2,232 122,453
Santos, Ltd. 4,866 57,024
Sonic Healthcare, Ltd. 1,910 26,841
SP AusNet 8,565 9,283
Stockland 11,518 39,794
Suncorp Group, Ltd. 6,573 62,969
Sydney Airport 1,916 6,265
Tabcorp Holdings, Ltd. 3,670 10,503
Tatts Group, Ltd. 6,903 19,353
Telstra Corp., Ltd. 22,298 90,459
Toll Holdings, Ltd. 3,511 16,055
Transurban Group 6,681 41,502
Wesfarmers, Ltd. 5,155 183,136
Westfield Group 11,045 115,992
Westfield Retail Trust 14,774 44,166
Westpac Banking Corp. 15,639 401,683
Whitehaven Coal, Ltd. 2,352 6,921
Woodside Petroleum, Ltd. 3,376 115,447
Woolworths, Ltd. 6,301 187,575
WorleyParsons, Ltd. 1,060 30,927
 
    4,629,033
Austria - 0.3%    
Andritz AG 376 21,346
Erste Group Bank AG (I) 1,108 24,835
Immoeast AG (I) 7,589 0
IMMOFINANZ AG (I) 4,790 17,399
OMV AG 748 26,214
Raiffeisen Bank International AG 253 9,202
Telekom Austria AG 1,123 7,945
Verbund AG, Class A 352 7,292
Vienna Insurance Group AG 199 8,455
Voestalpine AG 567 17,036
 
    139,724
Belgium - 1.1%    
Ageas 1,204 28,917
Anheuser-Busch InBev NV 4,111 351,662
Belgacom SA 784 23,953
Colruyt SA 392 17,101
Delhaize Group SA 526 20,330
Groupe Bruxelles Lambert SA 409 30,388
KBC Groep NV 831 20,051
Mobistar SA (I) 156 4,922
Solvay SA 307 35,648
Telenet Group Holding NV (I) 293 13,103
UCB SA 568 31,258
Umicore SA 589 30,885
 
    608,218

 

International Index Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
China - 0.0%    
Yangzijiang Shipbuilding Holdings, Ltd. 9,999 $ 7,939
Denmark - 1.2%    
A P Moller Maersk A/S 4 27,143
A P Moller Maersk A/S, Series A 8 57,343
Carlsberg A/S 546 48,414
Coloplast A/S 118 24,582
Danske Bank A/S (I) 3,332 60,218
DSV A/S, ADR 980 22,052
Novo Nordisk A/S 2,087 329,400
Novozymes A/S, B shares 1,239 34,176
TDC A/S 2,550 18,585
Tryg A/S 127 8,254
William Demant Holdings A/S (I) 137 12,287
 
    642,454
Finland - 0.7%    
Elisa OYJ, Class A 731 16,545
Fortum OYJ 2,260 41,674
Kesko OYJ, B Shares 328 9,292
Kone OYJ 795 55,134
Metso OYJ (I) 659 23,675
Neste Oil OYJ 661 8,693
Nokia OYJ 19,129 49,272
Nokian Renkaat OYJ 572 23,368
Orion OYJ, Series B 497 10,649
Pohjola Bank OYJ 713 9,409
Sampo OYJ 2,143 66,846
Stora Enso OYJ, Series R 2,841 17,644
UPM-Kymmene OYJ 2,707 30,710
Wartsila OYJ, Abp 864 30,027
 
    392,938
France - 8.4%    
Accor SA 762 25,495
Aeroports de Paris 153 12,217
Air Liquide SA 1,601 198,862
Alcatel-Lucent (I) 11,956 13,245
Alstom SA 1,048 36,886
Arkema SA 320 30,060
AtoS 281 19,628
AXA SA 9,050 135,233
BioMerieux SA 1 93
BNP Paribas SA 4,946 236,396
Bouygues SA 975 23,878
Bureau Veritas SA 283 29,047
Cap Gemini SA 763 32,396
Carrefour SA 2,949 61,309
Casino Guichard Perrachon SA 286 25,359
Christian Dior SA 278 37,411
Cie de Saint-Gobain 2,021 71,240
Cie Generale d’Optique    
Essilor International SA 1,031 96,681
Cie Generale de Geophysique-Veritas (I) 705 22,287
Cie Generale des Etablissements Michelin 922 72,484
CNP Assurances 766 10,020
Credit Agricole SA (I) 5,151 35,771
Danone SA 2,964 182,774
Dassault Systemes SA 316 33,289
Edenred 874 24,602
Electricite de France SA 1,239 26,016
Eurazeo 153 7,029
Eutelsat Communications 681 21,874
Fonciere Des Regions 134 10,087
France Telecom SA 9,484 114,654
GDF Suez 6,536 146,474

 

204

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

International Index Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
France (continued)    
Gecina SA 114 $ 11,691
Groupe Eurotunnel SA 2,889 20,391
ICADE 122 9,957
Iliad SA 119 19,393
Imerys SA 175 10,304
JCDecaux SA 344 7,826
Klepierre 509 17,873
L’Oreal SA 1,235 152,992
Lafarge SA 952 51,490
Lagardere SCA 609 16,681
Legrand SA 1,210 45,734
LVMH Moet Hennessy Louis Vuitton SA 1,302 196,346
Natixis 4,766 15,073
Pernod-Ricard SA 1,085 121,928
Peugeot SA (I) 1,190 9,437
PPR 388 59,717
Publicis Groupe SA 908 50,910
Remy Cointreau SA 115 13,226
Renault SA 980 46,190
Rexel SA 555 11,191
Safran SA 1,168 42,102
Sanofi 6,086 519,922
Schneider Electric SA 2,671 158,645
SCOR SE 842 21,693
Societe BIC SA 148 17,906
Societe Generale SA (I) 3,576 101,996
Sodexo 481 36,256
Suez Environnement Company 1,447 16,424
Technip SA 512 57,129
Thales SA 462 15,911
Total SA 10,893 541,806
Unibail-Rodamco SE 470 93,836
Vallourec SA 533 22,624
Veolia Environnement SA 1,741 18,755
Vinci SA 2,357 100,733
Vivendi SA 6,597 128,987
Wendel SA 170 14,379
Zodiac Aerospace 177 17,266
 
    4,607,517
Germany - 7.7%    
Adidas AG 1,072 88,036
Allianz SE 2,332 277,674
Axel Springer AG 205 8,893
BASF SE 4,704 397,476
Bayer AG 4,235 364,388
Bayerische Motoren Werke AG 1,696 124,335
Beiersdorf AG 520 38,195
Brenntag AG 266 34,095
Celesio AG 439 7,833
Commerzbank AG (I) 18,738 33,588
Continental AG 407 39,928
Daimler AG 4,643 225,201
Deutsche Bank AG 4,759 188,339
Deutsche Boerse AG 989 54,771
Deutsche Lufthansa AG 1,180 16,028
Deutsche Post AG 4,333 84,713
Deutsche Telekom AG 14,378 176,946
E.ON AG 9,220 219,114
Fraport AG Frankfurt Airport    
Services Worldwide 190 11,005
Fresenius Medical Care AG &    
Company KGaA 1,075 78,901
Fresenius SE & Company KGaA 635 73,784
GEA Group AG 901 27,301

 

International Index Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Germany (continued)    
Hannover Rueckversicherung AG 312 $ 19,961
HeidelbergCement AG 716 37,591
Henkel AG & Company, KGaA 670 43,733
Hochtief AG (I) 160 7,510
Hugo Boss AG 128 11,275
Infineon Technologies AG 5,527 35,071
K&S AG 878 43,264
Kabel Deutschland Holding AG 454 32,436
Lanxess AG 429 35,614
Linde AG 949 163,615
MAN SE 219 20,074
Merck KGaA 334 41,223
Metro AG 669 20,025
Muenchener Rueckversicherungs AG 919 143,598
RWE AG 2,504 112,227
Salzgitter AG 203 7,856
SAP AG 4,719 334,631
Siemens AG 4,214 420,818
Suedzucker AG 342 12,116
ThyssenKrupp AG 1,964 41,816
United Internet AG 491 10,018
Volkswagen AG 153 25,623
Wacker Chemie AG 81 5,205
 
    4,195,844
Greece - 0.2%    
Coca Cola Hellenic Bottling Company SA (I) 3,995 74,573
OPAP SA 4,427 22,816
 
    97,389
Hong Kong - 2.9%    
AIA Group, Ltd. 52,466 193,761
ASM Pacific Technology, Ltd. 1,032 12,201
Bank of East Asia, Ltd. 7,061 26,361
BOC Hong Kong Holdings, Ltd. 19,020 60,269
Cathay Pacific Airways, Ltd. (I) 5,976 9,700
Cheung Kong Holdings, Ltd. 7,058 103,046
Cheung Kong Infrastructure Holdings, Ltd. 2,385 14,475
CLP Holdings, Ltd. 9,244 78,589
First Pacific Company, Ltd. 10,725 11,626
Foxconn International Holdings, Ltd. (I) 11,238 3,681
Galaxy Entertainment Group, Ltd. (I) 7,391 24,742
Hang Lung Group, Ltd. 4,453 28,156
Hang Lung Properties, Ltd. 11,423 39,005
Hang Seng Bank, Ltd. 3,930 60,231
Henderson Land Development Company, Ltd. 4,795 34,235
HKT Trust and HKT, Ltd. 443 376
Hong Kong & China Gas Company, Ltd. 26,726 67,230
Hong Kong Exchanges & Clearing, Ltd. 5,254 79,011
Hopewell Holdings, Ltd. 2,885 9,928
Hutchison Whampoa, Ltd. 10,802 104,118
Hysan Development Company, Ltd. 3,215 14,575
Kerry Properties, Ltd. 3,648 18,410
Li & Fung, Ltd. 29,773 46,076
Lifestyle International Holdings, Ltd. 2,441 5,020
MGM China Holdings, Ltd. 4,890 8,439
MTR Corp., Ltd. 7,460 28,277
New World Development Company, Ltd. 18,988 29,231
Noble Group, Ltd. 19,808 21,266
NWS Holdings, Ltd. 7,401 11,927
Orient Overseas International, Ltd. 1,114 6,116
PCCW, Ltd. 20,521 8,374
Power Assets Holdings, Ltd. 7,031 59,647
Shangri-La Asia, Ltd. 7,655 14,851
Sino Land Company, Ltd. 15,458 28,744

 

205

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

International Index Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Hong Kong (continued)    
SJM Holdings, Ltd. 9,958 $ 21,540
Sun Hung Kai Properties, Ltd. 7,940 116,247
Swire Pacific, Ltd. 3,548 43,315
The Link REIT 11,532 54,568
Wharf Holdings, Ltd. 7,675 52,741
Wheelock and Company, Ltd. 4,630 19,874
Wing Hang Bank, Ltd. 914 8,567
Yue Yuen Industrial Holdings, Ltd. 3,768 12,677
 
    1,591,223
Ireland - 0.8%    
CRH PLC 3,781 72,869
CRH PLC (London Exchange) 199 3,841
Elan Corp. PLC (I) 2,466 26,563
Elan Corp. PLC (European    
Composite Exchange) (I) 111 1,197
Experian PLC 5,178 86,165
James Hardie Industries, Ltd. 2,246 20,179
Kerry Group PLC 636 32,530
Kerry Group PLC (London Exchange) 33 1,674
Ryanair Holdings PLC, ADR 276 8,901
Shire PLC 2,882 85,305
WPP PLC 6,455 87,890
 
    427,114
Israel - 0.6%    
Bank Hapoalim, Ltd. 5,452 19,426
Bank Leumi Le-Israel, Ltd. 6,443 17,957
Bezeq The    
Israeli Telecommunication Corp., Ltd. 9,769 11,353
Delek Group, Ltd. 25 4,175
Israel Chemicals, Ltd. 2,293 27,830
Israel Corp., Ltd. 13 8,237
Mellanox Technologies, Ltd. (I) 185 19,234
Mizrahi Tefahot Bank, Ltd. 635 5,618
Nice Systems, Ltd. (I) 296 9,878
Teva Pharmaceutical Industries, Ltd. 4,827 199,835
 
    323,543
Italy - 2.0%    
Assicurazioni Generali SpA 5,975 86,161
Atlantia SpA 1,705 26,534
Autogrill SpA 591 5,631
Banca Monte dei Paschi di Siena SpA (I) 33,119 9,580
Banco Popolare SC (I) 9,090 13,682
Beni Stabili SpA 8 4
Enel Green Power SpA 9,018 15,282
Enel SpA 33,663 119,338
Eni SpA 13,023 285,738
Exor SpA 332 8,381
Fiat Industrial SpA 4,359 42,759
Fiat SpA (I) 4,511 24,170
Finmeccanica SpA (I) 2,086 9,943
Intesa Sanpaolo SpA 51,529 78,806
Intesa Sanpaolo SpA (Italian Exchange) 4,807 6,246
Luxottica Group SpA 603 21,281
Mediaset SpA 3,654 6,887
Mediobanca SpA 2,663 14,289
Pirelli & C. SpA 1,226 13,247
Prysmian SpA 1,050 18,797
Saipem SpA 1,353 65,184
Snam SpA 8,621 38,266
Telecom Italia SpA 47,823 48,056
Telecom Italia SpA 31,041 27,224
Terna Rete Elettrica Nazionale SpA 6,730 25,124
UniCredit SpA (I) 20,733 86,666

 

International Index Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Italy (continued)    
Unione di Banche Italiane SCPA 4,416 $ 16,397
 
    1,113,673
Japan - 19.2%    
ABC-MART, Inc. 136 6,006
Advantest Corp. 760 9,873
Aeon Company, Ltd. 3,096 34,958
AEON Credit Service Company, Ltd. 347 7,465
Aeon Mall Company, Ltd. 369 9,026
Air Water, Inc. 735 9,000
Aisin Seiki Company, Ltd. 973 27,653
Ajinomoto Company, Inc. 3,264 51,117
Alfresa Holdings Corp. 224 11,040
All Nippon Airways Company, Ltd. 5,786 12,157
Amada Company, Ltd. 1,823 7,981
Aozora Bank, Ltd. 2,936 8,986
Asahi Glass Company, Ltd. 5,111 34,025
Asahi Group Holdings, Ltd. 1,988 48,992
Asahi Kasei Corp. 6,400 33,029
Asics Corp. 763 10,289
Astellas Pharma, Inc. 2,282 115,905
Benesse Holdings, Inc. 345 16,694
Bridgestone Corp. 3,326 77,078
Brother Industries, Ltd. 1,224 11,345
Canon, Inc. 5,800 185,616
Casio Computer Company, Ltd. 1,152 8,115
Central Japan Railway Company, Ltd. 729 63,947
Chiyoda Corp. 786 12,218
Chubu Electric Power Company, Inc. 3,277 42,694
Chugai Pharmaceutical Company, Ltd. 1,138 23,830
Citizen Holdings Company, Ltd. 1,361 6,877
Coca-Cola West Company, Ltd. 311 5,138
Cosmo Oil Company, Ltd. 2,752 5,013
Credit Saison Company, Ltd. 805 19,451
Dai Nippon Printing Company, Ltd. 2,835 19,751
Daicel Corp. 1,481 8,877
Daido Steel Company, Ltd. 1,443 6,706
Daihatsu Motor Company, Ltd. 988 16,470
Daiichi Sankyo Company, Ltd. 3,443 56,893
Daikin Industries, Ltd. 1,190 30,826
Dainippon Sumitomo Pharma Company, Ltd. 808 8,880
Daito Trust Construction Company, Ltd. 369 37,108
Daiwa House Industry Company, Ltd. 2,690 39,031
Daiwa Securities Group, Inc. 8,424 32,028
Dena Company, Ltd. 523 17,216
Denki Kagaku Kogyo KK 2,430 7,529
Denso Corp. 2,494 78,266
Dentsu, Inc. 918 23,279
East Japan Railway Company 1,750 115,897
Eisai Company, Ltd. 1,279 57,564
Electric Power Development Company, Ltd. 594 15,566
Elpida Memory, Inc. (I) 5,033 0
FamilyMart Company, Ltd. 297 14,605
FANUC Corp. 973 156,708
Fast Retailing Company, Ltd. 270 62,540
Fuji Electric Company, Ltd. 2,835 5,771
Fuji Heavy Industries, Ltd. 2,986 24,770
FUJIFILM Holdings Corp. 2,375 39,769
Fujitsu, Ltd. 9,436 35,398
Fukuoka Financial Group, Inc. 3,922 15,923
Furukawa Electric Company, Ltd. 3,231 6,070
Gree, Inc. 472 8,600
GS Yuasa Corp. 1,772 7,380
Hakuhodo DY Holdings, Inc. 120 8,085
Hamamatsu Photonics KK 367 12,601

 

206

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

International Index Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Japan (continued)    
Hankyu Hanshin Holdings, Inc. 5,982 $ 32,286
Hino Motors, Ltd. 1,317 8,617
Hirose Electric Company, Ltd. 164 18,272
Hisamitsu Pharmaceutical Company, Inc. 316 17,437
Hitachi Chemical, Ltd. 530 7,160
Hitachi Construction    
Machinery Company, Ltd. 548 8,861
Hitachi High-Technologies Corp. 316 7,619
Hitachi Metals, Ltd. 836 7,361
Hitachi, Ltd. 23,696 131,669
Hokkaido Electric Power Company, Inc. 957 7,673
Hokuhoku Financial Group, Inc. 109 169
Hokuriku Electric Power Company 881 10,672
Honda Motor Company, Ltd. 8,343 256,002
Hoya Corp. 2,233 49,045
Hulic Company, Ltd. (I) 1,223 7,388
Ibiden Company, Ltd. 614 8,967
Idemitsu Kosan Company, Ltd. 113 9,219
IHI Corp. 6,705 14,937
Inpex Corp. 12 71,084
Isetan Mitsukoshi Holdings, Ltd. 1,826 19,037
Isuzu Motors, Ltd. 6,021 29,059
ITOCHU Corp. 7,710 78,100
Itochu Techno-Science Corp. 144 7,489
J Front Retailing Company, Ltd. 2,456 13,777
Japan Petroleum Exploration Company, Ltd. 146 5,822
Japan Prime Realty Investment Corp. 5 15,065
Japan Real Estate Investment Corp. 4 40,275
Japan Retail Fund Investment Corp. 11 19,657
Japan Tobacco, Inc. 4,603 137,955
JFE Holdings, Inc. 2,365 31,178
JGC Corp. 1,064 35,495
JSR Corp. 910 14,916
JTEKT Corp. 1,156 9,132
Jupiter Telecommunications Company, Ltd. 11 11,165
JX Holdings, Inc. 11,463 62,669
Kajima Corp. 4,276 11,664
Kamigumi Company, Ltd. 1,267 10,431
Kaneka Corp. 1,423 6,852
Kansai Paint Company, Ltd. 1,114 12,272
Kao Corp. 2,696 79,453
Kawasaki Heavy Industries, Ltd. 7,210 14,307
Kawasaki Kisen Kaisha, Ltd. 4,475 5,614
KDDI Corp. 1,379 106,847
Keikyu Corp. 2,380 22,441
Keio Corp. 2,936 22,115
Keisei Electric Railway Company, Ltd. 1,393 12,580
Keyence Corp. 232 59,267
Kikkoman Corp. 812 11,099
Kinden Corp. 670 4,222
Kintetsu Corp. 8,247 32,326
Kirin Holdings Company, Ltd. 4,410 58,968
Kobe Steel, Ltd. 12,883 10,061
Koito Manufacturing Company, Ltd. 482 5,566
Komatsu, Ltd. 4,786 94,161
Konami Corp. 501 11,387
Konica Minolta Holdings, Inc. 2,430 18,664
Kubota Corp. 5,610 56,749
Kuraray Company, Ltd. 1,775 20,164
Kurita Water Industries, Ltd. 573 12,688
Kyocera Corp. 778 67,340
Kyowa Hakko Kogyo Company, Ltd. 1,317 15,908
Kyushu Electric Power Company, Inc. 2,202 18,133
Lawson, Inc. 308 23,667
LIXIL Group Corp. 1,350 32,197

 

International Index Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Japan (continued)    
Mabuchi Motor Company, Ltd. 123 $ 5,624
Makita Corp. 571 22,147
Marubeni Corp. 8,374 53,396
Marui Group Company, Ltd. 1,159 8,208
Maruichi Steel Tube, Ltd. 239 5,112
Mazda Motor Corp. (I) 13,906 16,197
McDonald’s Holdings Company, Ltd. 339 9,644
Medipal Holdings Corp. 745 10,233
MEIJI Holdings Company, Ltd. 325 16,133
Miraca Holdings, Inc. 283 12,700
Mitsubishi Chemical Holdings Corp. 6,998 26,790
Mitsubishi Corp. 7,205 130,895
Mitsubishi Electric Corp. 9,790 72,095
Mitsubishi Estate Company, Ltd. 6,350 121,484
Mitsubishi Gas & Chemicals Company, Inc. 1,954 9,808
Mitsubishi Heavy Industries, Ltd. 15,664 67,798
Mitsubishi Logistics Corp. 585 6,959
Mitsubishi Materials Corp. 5,667 17,848
Mitsubishi Motors Corp. (I) 19,914 18,363
Mitsubishi Tanabe Pharma Corp. 1,166 17,732
Mitsubishi UFJ Financial Group 65,224 303,896
Mitsubishi UFJ Lease &    
Finance Company, Ltd. 302 12,725
Mitsui & Company, Ltd. 8,889 124,969
Mitsui Chemicals, Inc. 4,410 8,584
Mitsui Fudosan Company, Ltd. 4,250 85,048
Mitsui O.S.K. Lines, Ltd. 5,559 12,951
Mizuho Financial Group, Inc. 116,957 189,322
MS&AD Insurance Group Holdings 2,604 44,760
Murata Manufacturing Company, Ltd. 1,029 54,740
Nabtesco Corp. 511 9,375
Namco Bandai Holdings, Inc. 916 15,468
NEC Corp. 13,464 21,276
Nexon Company, Ltd. (I) 547 7,528
NGK Insulators, Ltd. 1,291 15,453
NGK Spark Plug Company, Ltd. 1,046 10,997
NHK Spring Company, Ltd. 823 7,060
Nidec Corp. 554 40,507
Nikon Corp. 1,729 47,534
Nintendo Company, Ltd. 558 70,167
Nippon Building Fund, Inc. 5 53,876
Nippon Electric Glass Company, Ltd. 2,025 11,107
Nippon Express Company, Ltd. 4,302 16,310
Nippon Meat Packers, Inc. 880 11,295
Nippon Paper Group, Inc. 503 5,931
Nippon Steel Corp. 26,135 53,533
Nippon Telegraph & Telephone Corp. 2,241 106,339
Nippon Yusen KK 8,287 14,641
Nissan Motor Company, Ltd. 12,735 108,425
Nisshin Seifun Group, Inc. 963 11,842
Nisshin Steel Company, Ltd. 3,517 3,786
Nissin Food Products Company, Ltd. 301 11,800
Nitori Holdings Company, Ltd. 178 16,521
Nitto Denko Corp. 839 39,957
NKSJ Holdings, Inc. 1,922 37,599
NOK Corp. 528 8,446
Nomura Holdings, Inc. 18,566 66,297
Nomura Real Estate Holdings, Inc. 484 8,502
Nomura Real Estate Office Fund, Inc. 2 12,527
Nomura Research Institute, Ltd. 515 10,544
NSK, Ltd. 2,235 12,962
NTN Corp. 2,170 4,361
NTT Data Corp. 8 24,969
NTT DOCOMO, Inc. 79 128,119
NTT Urban Development Corp. 7 5,629

 

207

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

International Index Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Japan (continued)    
Obayashi Corp. 3,290 $ 15,001
Odakyu Electric Railway Company, Ltd. 3,189 33,541
OJI Paper Company, Ltd. 4,067 12,395
Olympus Corp. (I) 1,102 21,448
Omron Corp. 1,031 19,800
Ono Pharmaceutical Company, Ltd. 419 25,757
Oracle Corp. Japan 194 9,963
Oriental Land Company, Ltd. 255 33,555
ORIX Corp. 536 53,746
Osaka Gas Company, Ltd. 9,512 41,921
Otsuka Corp. 83 7,412
Otsuka Holdings Company, Ltd. 1,846 57,237
Panasonic Corp. 11,297 74,618
Rakuten, Inc. 3,746 38,116
Resona Holdings, Inc. 9,718 39,822
Ricoh Company, Ltd. 3,131 26,411
Rinnai Corp. 166 12,312
Rohm Company, Ltd. 490 16,490
Sankyo Company, Ltd. 249 11,575
Sanrio Company, Ltd. 227 8,067
Santen Pharmaceutical Company, Ltd. 377 17,313
SBI Holdings, Inc. 1,158 7,457
Secom Company, Ltd. 1,067 55,621
Sega Sammy Holdings, Inc. 1,030 19,492
Seiko Epson Corp. 661 3,957
Sekisui Chemical Company, Ltd. 2,203 17,747
Sekisui House, Ltd. 2,911 28,892
Seven & I Holdings Company, Ltd. 3,848 118,167
Seven Bank, Ltd. 2,710 8,261
Sharp Corp. (I) 5,061 12,535
Shikoku Electric Power Company, Inc. 875 9,769
Shimadzu Corp. 1,190 8,314
Shimamura Company, Ltd. 113 13,137
Shimano, Inc. 381 27,740
Shimizu Corp. 3,012 10,146
Shin-Etsu Chemical Company, Ltd. 2,109 118,557
Shinsei Bank, Ltd. 7,763 10,038
Shionogi & Company, Ltd. 1,541 23,468
Shiseido Company, Ltd. 1,854 25,436
Showa Denko KK 7,334 11,644
Showa Shell Sekiyu KK 982 5,206
SMC Corp. 275 44,299
Softbank Corp. 4,546 184,001
Sojitz Corp. 6,449 8,341
Sony Corp. 5,119 59,764
Sony Financial Holdings, Inc. 884 15,060
Square Enix Company, Ltd. 324 4,942
Stanley Electric Company, Ltd. 733 10,849
Sumco Corp. (I) 589 3,965
Sumitomo Chemical Company, Ltd. 7,709 19,639
Sumitomo Corp. 5,759 77,655
Sumitomo Electric Industries, Ltd. 3,878 40,960
Sumitomo Heavy Industries, Ltd. 2,809 9,600
Sumitomo Metal Industries, Ltd. (I) 17,308 25,949
Sumitomo Metal Mining Company, Ltd. 2,657 33,321
Sumitomo Mitsui Financial Group, Inc. 6,888 214,278
Sumitomo Mitsui Trust Holdings, Inc. 16,044 47,652
Sumitomo Realty &    
Development Company, Ltd. 1,823 48,362
Sumitomo Rubber Industries, Ltd. 870 10,326
Suruga Bank, Ltd. 912 10,307
Suzuken Company, Ltd. 359 11,910
Suzuki Motor Corp. 1,865 36,179
Sysmex Corp. 369 17,701
T&D Holdings, Inc. 2,938 31,783

 

International Index Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Japan (continued)    
Taiheiyo Cement Corp. 5,721 $ 12,308
Taisei Corp. 5,212 14,955
Taisho Pharmaceutical    
Holdings Company, Ltd. 184 14,986
Taiyo Nippon Sanso Corp. 1,343 7,068
Takashimaya Company, Ltd. 1,338 9,160
Takeda Pharmaceutical Company, Ltd. 4,032 185,620
TDK Corp. 627 23,321
Teijin, Ltd. 4,757 11,634
Terumo Corp. 791 34,034
The Bank of Kyoto, Ltd. 1,645 13,890
The Bank of Yokohama, Ltd. 6,224 29,473
The Chiba Bank, Ltd. 3,871 22,437
The Chugoku Bank, Ltd. 888 12,459
The Chugoku Electric Power Company, Inc. 1,533 20,363
The Dai-ichi Life Insurance Company, Ltd. 45 51,030
The Gunma Bank, Ltd. 1,975 9,984
The Hachijuni Bank, Ltd. 2,126 11,720
The Iyo Bank, Ltd. 1,241 10,111
The Japan Steel Works, Ltd. 1,595 8,883
The Joyo Bank, Ltd. 3,315 16,147
The Kansai Electric Power Company, Ltd. 3,861 29,870
The Nishi-Nippon City Bank, Ltd. 3,441 7,976
The Shizuoka Bank, Ltd. 2,701 27,645
THK Company, Ltd. 612 9,326
Tobu Railway Company, Ltd. 5,186 27,902
Toho Company, Ltd. 577 10,572
Toho Gas Company, Ltd. 2,076 13,782
Tohoku Electric Power Company, Inc. 2,321 18,602
Tokio Marine Holdings, Inc. 3,698 94,396
Tokyo Electric Power Company, Inc. (I) 7,464 12,239
Tokyo Electron, Ltd. 872 37,114
Tokyo Gas Company, Ltd. 12,731 70,135
Tokyu Corp. 5,768 27,563
Tokyu Land Corp. 2,177 11,651
TonenGeneral Sekiyu KK 1,443 12,488
Toppan Printing Company, Ltd. 2,835 16,445
Toray Industries, Inc. 7,438 44,006
Toshiba Corp. 20,672 66,150
Tosoh Corp. 2,587 4,902
TOTO, Ltd. 1,519 11,167
Toyo Seikan Kaisha, Ltd. 771 8,244
Toyo Suisan Kaisha, Ltd. 457 11,428
Toyoda Gosei Company, Ltd. 331 6,624
Toyota Boshoku Corp. 311 3,225
Toyota Industries Corp. 832 23,276
Toyota Motor Corp. 14,139 554,763
Toyota Tsusho Corp. 1,079 23,058
Trend Micro, Inc. 536 14,962
Tsumura & Company, Ltd. 308 9,646
Ube Industries, Ltd. 5,111 10,994
Unicharm Corp. 578 33,185
Ushio, Inc. 533 6,402
USS Company, Ltd. 113 11,928
West Japan Railway Company 864 36,866
Yahoo Japan Corp. 76 28,939
Yakult Honsha Company, Ltd. 491 23,272
Yamada Denki Company, Ltd. 450 19,721
Yamaguchi Financial Group, Inc. 1,064 8,614
Yamaha Corp. 827 7,667
Yamaha Motor Company, Ltd. 1,447 12,635
Yamato Kogyo Company, Ltd. 214 6,311
Yamato Transport Company, Ltd. 1,914 30,302
Yamazaki Baking Company, Ltd. 610 8,155
Yaskawa Electric Corp. 1,090 7,288

 

208

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

International Index Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Japan (continued)    
Yokogawa Electric Corp. 1,040 $ 12,013
   
    10,536,800
Jersey, C.I. - 0.1%    
Randgold Resources, Ltd. 445 54,802
Luxembourg - 0.3%    
ArcelorMittal 4,793 69,102
Millicom International Cellular SA 325 30,176
SES SA 1,552 42,277
Tenaris SA 2,408 49,134
 
    190,689
Macau - 0.1%    
Sands China, Ltd. 12,347 45,766
Wynn Macau, Ltd. 7,997 21,639
 
    67,405
Mexico - 0.1%    
Fresnillo PLC 925 27,801
Netherlands - 4.7%    
Aegon NV 8,755 45,732
Akzo Nobel NV 1,201 68,030
ASML Holding NV (I) 2,153 115,416
Corio NV 334 14,245
DE Master Blenders 1753 NV (I) 3,030 36,556
Delta Lloyd NV 706 10,814
European Aeronautic Defence &    
Space Company NV 2,116 67,271
Fugro NV 357 24,347
Gemalto NV 409 36,028
Heineken Holding NV 515 25,059
Heineken NV 1,179 70,412
ING Groep NV (I) 19,610 155,889
Koninklijke Ahold NV 5,346 67,017
Koninklijke Boskalis Westinster NV 365 13,232
Koninklijke DSM NV 795 39,742
Koninklijke KPN NV 5,127 39,252
Koninklijke Philips Electronics NV 5,325 124,512
Koninklijke Vopak NV 363 25,527
QIAGEN NV (I) 1,207 22,211
Randstad Holdings NV 617 20,563
Reed Elsevier NV 3,503 46,915
Royal Dutch Shell PLC, B Shares 13,542 481,666
Royal Dutch Shell PLC, Class A (London    
Stock Exchange) 18,925 655,432
SBM Offshore NV (I) 884 12,648
TNT Express NV 1,680 17,555
Unilever NV 8,340 295,439
Wolters Kluwer NV 1,554 29,269
 
    2,560,779
New Zealand - 0.1%    
Auckland International Airport, Ltd. 4,773 10,367
Contact Energy, Ltd. 1,864 8,135
Fletcher Building, Ltd. 3,509 20,204
SKYCITY Entertainment Group, Ltd. 2,971 9,296
Telecom Corp. of New Zealand, Ltd. 9,651 19,013
 
    67,015
Norway - 0.9%    
Aker Solutions ASA 848 16,130
DNB ASA 4,991 61,385
Gjensidige Forsikring ASA 1,031 14,316
Norsk Hydro ASA 4,798 22,549
Orkla ASA 3,906 29,707
Renewable Energy Corp. ASA (I) 3 1

 

International Index Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Norway (continued)    
Seadrill, Ltd. 1,802 $ 70,524
Statoil ASA 5,724 148,066
Telenor ASA 3,700 72,219
Veripos, Inc. (I) 147 409
Yara International ASA 954 47,913
 
    483,219
Portugal - 0.2%    
Banco Espirito Santo SA 10,360 7,534
EDP - Energias de Portugal SA 9,626 26,550
Galp Energia SGPS SA 1,194 19,411
Jeronimo Martins SGPS SA 1,135 18,957
Portugal Telecom SGPS SA 3,234 16,020
 
    88,472
Singapore - 1.8%    
Ascendas Real Estate Investment Trust 9,761 19,132
CapitaLand, Ltd. 12,976 33,483
CapitaMall Trust 12,019 19,756
CapitaMalls Asia, Ltd. 6,907 9,259
City Developments, Ltd. 2,531 24,133
ComfortDelGro Corp., Ltd. 9,277 12,944
Cosco Corp. Singapore, Ltd. 5,371 4,203
DBS Group Holdings, Ltd. 9,190 107,339
Fraser and Neave, Ltd. (I) 4,656 33,591
Genting Singapore PLC 31,429 34,961
Global Logistic Properties, Ltd. 10,610 21,627
Golden Agri-Resources, Ltd. 34,375 18,409
Hutchison Port Holdings Trust 27,003 19,583
Jardine Cycle and Carriage, Ltd. 533 20,834
Keppel Corp., Ltd. 7,495 69,259
Keppel Land, Ltd. 3,771 10,870
Neptune Orient Lines, Ltd. (I) 4,580 4,199
Olam International, Ltd. 8,219 13,647
Oversea-Chinese Banking Corp., Ltd. 13,337 101,233
SembCorp Industries, Ltd. 4,984 22,947
SembCorp Marine, Ltd. 4,226 17,037
Singapore Airlines, Ltd. 2,272 19,853
Singapore Airlines, Ltd. (Board Lot 200) 521 4,540
Singapore Exchange, Ltd. 4,352 24,748
Singapore Press Holdings, Ltd. 8,287 27,459
Singapore Technologies Engineering, Ltd. 7,742 22,295
Singapore Telecommunications, Ltd. 33,451 87,082
Singapore Telecommunications, Ltd. 7,465 19,426
StarHub, Ltd. 3,037 9,188
United Overseas Bank, Ltd. 6,636 105,958
UOL Group, Ltd. 2,329 10,846
Wilmar International, Ltd. 9,739 25,681
 
    975,522
Spain - 2.7%    
Abertis Infraestructuras SA 1,864 27,506
Acciona SA 117 6,683
Acerinox SA (I) 515 5,798
ACS Actividades de Construccion    
y Servicios SA 731 15,121
Amadeus IT Holding SA, A Shares 1,591 37,145
Banco Bilbao Vizcaya Argentaria SA 26,164 206,868
Banco de Sabadell SA 14,347 38,668
Banco Popular Espanol SA (I) 6,780 14,869
Banco Santander SA 50,396 377,549
Bankia SA (I) 5,093 8,505
CaixaBank (I) 4,160 15,637
Distribuidora Internacional    
de Alimentacion SA 3,150 17,418
Enagas SA 923 18,251

 

209

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

International Index Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Spain (continued)    
Ferrovial SA 2,079 $ 27,117
Gas Natural SDG SA 1,788 25,377
Grifols SA (I) 770 25,458
Iberdrola SA 19,845 90,283
Inditex SA 1,118 138,795
Mapfre SA 3,967 10,863
Red Electrica Corp. SA 558 26,502
Repsol SA 4,179 81,339
Telefonica SA (I) 20,634 275,144
Zardoya Otis SA 802 9,443
 
    1,500,339
Sweden - 3.0%    
Alfa Laval AB 1,730 31,464
Assa Abloy AB, Series B 1,692 54,916
Atlas Copco AB, Series A 3,437 80,521
Atlas Copco AB, Series B 1,985 41,673
Boliden AB 1,410 23,604
Electrolux AB 1,240 30,701
Elekta AB, Series B 1,889 24,978
Getinge AB, B Shares 1,015 30,663
Hennes & Mauritz AB, B Shares 4,866 169,457
Hexagon AB 1,221 26,277
Holmen AB, Series B 273 7,460
Husqvarna AB, B Shares 2,036 10,414
Industrivarden AB, C Shares 609 8,734
Investment AB Kinnevik 1,062 22,088
Investor AB, B Shares 2,324 51,283
Lundin Petroleum AB (I) 1,148 28,062
Modern Times Group AB, B Shares 236 10,449
Nordea Bank AB 13,483 133,855
Ratos AB 988 8,736
Sandvik AB 5,134 69,954
Scania AB, Series B 1,649 30,358
Securitas AB, Series B 1,615 12,155
Skandinaviska Enskilda Banken AB, Series A 7,199 60,473
Skanska AB, Series B 1,959 31,775
SKF AB, B Shares 1,996 43,203
SSAB AB, Series A 807 5,759
Svenska Cellulosa AB, B Shares 2,953 54,960
Svenska Handelsbanken AB, Class A 2,526 94,890
Swedbank AB, Class A 4,198 78,967
Swedish Match AB 1,056 42,754
Tele2 AB, Series B 1,638 29,778
Telefonaktiebolaget LM Ericsson, B Shares 15,429 140,727
TeliaSonera AB 11,080 79,872
Volvo AB, Series B 7,130 100,392
 
    1,671,352
Switzerland - 9.0%    
ABB, Ltd. (I) 11,264 211,757
Actelion, Ltd. (I) 572 28,695
Adecco SA (I) 673 32,126
Aryzta AG (I) 450 21,606
Baloise Holding AG 246 19,373
Banque Cantonale Vaudoise 17 8,815
Barry Callebaut AG (I) 11 10,213
Cie Financiere Richemont SA 2,676 160,447
Credit Suisse Group AG (I) 6,257 133,070
GAM Holding AG (I) 962 12,557
Geberit AG (I) 194 42,267
Givaudan AG (I) 43 40,860
Glencore International PLC 19,500 108,408
Holcim, Ltd. (I) 1,172 74,633
Julius Baer Group, Ltd. (I) 1,050 36,615

 

International Index Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Switzerland (continued)    
Kuehne & Nagel International AG 279 $ 31,570
Lindt & Spruengli AG - PC (I) 5 15,828
Lindt & Spruengli AG - REG (I) 1 36,134
Lonza Group AG (I) 274 14,357
Nestle SA 16,897 1,065,869
Novartis AG 11,777 720,828
Pargesa Holding SA 140 9,282
Partners Group Holding AG 70 14,571
Roche Holdings AG 3,598 672,126
Schindler Holding AG    
(Participation Certificates) 247 30,406
Schindler Holding AG (Registered Shares) 112 13,841
SGS SA 29 59,568
Sika AG (I) 12 24,504
Sonova Holding AG (I) 255 25,802
STMicroelectronics NV 3,285 17,768
Straumann Holding AG 46 6,128
Sulzer AG 125 18,208
Swiss Life Holding (I) 158 18,863
Swiss Prime Site AG (I) 253 20,902
Swiss Re, Ltd. (I) 1,804 116,083
Swisscom AG 120 48,278
Syngenta AG 486 181,619
The Swatch Group AG (Bearer Shares) 158 63,022
The Swatch Group AG (Registered Shares) 224 15,613
Transocean, Ltd. (I) 1,795 80,495
UBS AG (I) 18,643 227,529
Wolseley PLC 1,456 62,301
Xstrata PLC (I) 10,765 167,057
Zurich Insurance Group AG (I) 756 188,238
 
    4,908,232
United Kingdom - 19.1%    
3i Group PLC 5,006 18,056
Aberdeen Asset Management PLC 4,424 22,279
Admiral Group PLC 1,048 17,867
Aggreko PLC 1,377 51,567
AMEC PLC 1,651 30,648
Anglo American PLC 7,119 209,564
Antofagasta PLC 2,004 41,027
ARM Holdings PLC 7,033 65,582
Associated British Foods PLC 1,812 37,761
AstraZeneca PLC 6,468 308,996
Aviva PLC 14,972 77,365
Babcock International Group PLC 1,851 27,754
BAE Systems PLC 16,575 87,257
Balfour Beatty PLC 3,542 17,419
Barclays PLC 59,500 207,115
BG Group PLC 17,397 352,274
BHP Billiton PLC 10,817 337,803
BP PLC 97,423 687,631
British American Tobacco PLC 10,015 514,958
British Land Company PLC 4,326 36,542
British Sky Broadcasting Group PLC 5,602 67,301
BT Group PLC 39,937 148,963
Bunzl PLC 1,705 30,588
Burberry Group PLC 2,237 36,323
Capita PLC 3,324 41,647
Capital Shopping Centres Group PLC 2,881 15,262
Carnival PLC 934 34,510
Centrica PLC 26,537 140,656
Cobham PLC 5,558 19,943
Compass Group PLC 9,624 106,441
Croda International PLC 698 27,376
Diageo PLC 12,829 361,220

 

210

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

International Index Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
United Kingdom (continued)    
Eurasian Natural Resources Corp. PLC 1,329 $ 6,660
Evraz PLC 1,727 6,904
G4S PLC 7,269 31,243
GKN PLC 8,003 27,821
GlaxoSmithKline PLC 25,682 592,427
Hammerson PLC 3,666 26,753
HSBC Holdings PLC 92,986 862,828
ICAP PLC 2,832 14,731
IMI PLC 1,655 24,126
Imperial Tobacco Group PLC 5,097 188,930
Inmarsat PLC 2,311 22,074
Intercontinental Hotels Group PLC 1,500 39,348
International Consolidated Airlines    
Group SA (London) (I) 4,779 11,519
Intertek Group PLC 826 36,616
Invensys PLC 4,188 15,871
Investec PLC 2,776 17,188
ITV PLC 19,033 27,251
J Sainsbury PLC 6,289 35,344
Johnson Matthey PLC 1,043 40,729
Kazakhmys PLC 1,041 11,707
Kingfisher PLC 12,090 51,662
Land Securities Group PLC 3,974 48,925
Legal & General Group PLC 30,005 64,116
Lloyds Banking Group PLC (I) 216,108 136,164
London Stock Exchange Group PLC 905 13,803
Lonmin PLC 837 7,570
Man Group PLC 9,373 12,516
Marks & Spencer Group PLC 8,177 47,178
Meggitt PLC (I) 4,013 25,661
Melrose PLC 6,182 24,211
National Grid PLC 18,265 201,628
Next PLC 850 47,463
Old Mutual PLC 24,878 68,485
Pearson PLC 4,177 81,737
Petrofac, Ltd. 1,337 34,540
Prudential PLC 13,072 169,620
Reckitt Benckiser Group PLC 3,332 191,977
Reed Elsevier PLC 6,216 59,512
Resolution, Ltd. 7,091 24,901
Rexam PLC 4,519 31,818
Rio Tinto PLC 6,865 320,914
Rolls-Royce Holdings PLC (I) 9,598 130,987
Royal Bank of Scotland Group PLC (I) 10,691 44,404
RSA Insurance Group PLC 18,199 32,531
SABMiller PLC 4,894 215,301
Schroders PLC 583 14,344
Segro PLC 3,821 14,016
Serco Group PLC 2,567 24,094
Severn Trent PLC 1,225 33,225
Smith & Nephew PLC 4,569 50,464
Smiths Group PLC 1,993 33,424
SSE PLC 4,835 108,761
Standard Chartered PLC 12,249 277,461
Standard Life PLC 12,005 53,040
Subsea 7 SA 1,429 33,102
Tate & Lyle PLC 2,404 25,860
Tesco PLC 41,159 220,844
The Sage Group PLC 6,509 33,011
The Weir Group PLC 1,089 31,188
TUI Travel PLC 2,291 8,680
Tullow Oil PLC 4,640 102,921
Unilever PLC 6,572 239,366
United Utilities Group PLC 3,467 40,147
Vedanta Resources PLC 547 9,146

 

International Index Trust (continued)  
  Shares or   
  Principal   
  Amount  Value
 
 
COMMON STOCKS (continued)      
United Kingdom (continued)      
Vodafone Group PLC 252,673 $ 719,123
Whitbread PLC   918 33,711
WM Morrison Supermarkets PLC 11,962 55,165
 
      10,468,482
United States - 0.2%      
Sims Metal Management, Ltd.   849 8,364
Thomson Reuters Corp. 3,171 91,515
 
      99,879
TOTAL COMMON STOCKS (Cost $48,301,386)   $ 52,477,397
 
PREFERRED SECURITIES - 0.5%      
Germany - 0.5%      
Bayerische Motoren Werke AG, 2.320%   270 13,880
Henkel AG & Company KGaA, 0.800%   910 72,420
Porsche Automobil Holding SE, 0.760%   780 46,756
ProSiebenSat.1 Media AG, 1.170%   452 11,408
RWE AG, 2.000%   202 8,062
Volkswagen AG, 3.060%   741 135,352
 
      287,878
TOTAL PREFERRED SECURITIES (Cost $255,383)   $ 287,878
 
RIGHTS - 0.0%      
Cie Generale de Geophysique - Veritas      
(Expiration Date: 10/12/2012; Strike Price      
EUR 17.00) (I)   705 1,138
TOTAL RIGHTS (Cost $0)   $ 1,138
 
SHORT-TERM INVESTMENTS - 10.5%      
Repurchase Agreement - 10.5%      
Repurchase Agreement with State Street Corp.      
dated 09/28/2012 at 0.010% to be      
repurchased at $5,761,005 on 10/01/2012,      
collateralized by $4,325,000 U.S. Treasury      
Bonds, 4.500% due 08/15/2039 (valued at      
$5,880,266, including interest) 5,761,000 $ 5,761,000
TOTAL SHORT-TERM INVESTMENTS (Cost $5,761,000) $ 5,761,000
Total Investments (International Index Trust)      
(Cost $54,317,769) - 106.8%   $ 58,527,413
Other assets and liabilities, net - (6.8%)     (3,729,871)
 
TOTAL NET ASSETS - 100.0%   $ 54,797,542
 
 
 
International Opportunities Trust    
  Shares or   
  Principal   
  Amount  Value
 
COMMON STOCKS - 88.1%      
Australia - 5.2%      
BHP Billiton, Ltd. 53,064 $ 1,818,160
Brambles, Ltd. 444,552 3,224,972
CSL, Ltd. 41,541 1,975,923
WorleyParsons, Ltd. 100,333 2,927,338
 
      9,946,393
Belgium - 2.3%      
Anheuser-Busch InBev NV 50,641 4,331,916
Brazil - 1.6%      
Banco Bradesco SA, ADR 193,997 3,117,532

 

211

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

International Opportunities Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Canada - 8.5%    
Agrium, Inc. 18,465 $ 1,915,807
Canadian National Railway Company 18,082 1,599,993
Canadian Natural Resources, Ltd. 46,583 1,437,150
Cenovus Energy, Inc. 44,807 1,563,756
CGI Group, Inc. (I) 69,602 1,869,080
Fairfax Financial Holdings, Ltd. 4,064 1,569,752
Potash Corp. of Saskatchewan, Inc. 54,987 2,389,985
Suncor Energy, Inc. 117,468 3,864,220
 
    16,209,743
China - 3.0%    
Baidu, Inc., ADR (I) 19,952 2,330,793
CNOOC, Ltd. 714,000 1,448,756
Industrial & Commercial Bank of China,    
H Shares 3,239,000 1,904,629
 
    5,684,178
Denmark - 1.0%    
Novo Nordisk A/S 11,658 1,840,029
France - 4.3%    
Cap Gemini SA 36,242 1,538,765
Eutelsat Communications 38,241 1,228,314
L’Oreal SA 9,776 1,211,054
Publicis Groupe SA 41,776 2,342,295
Schneider Electric SA 31,591 1,876,361
 
    8,196,789
Germany - 4.7%    
Adidas AG 35,259 2,895,580
Fresenius Medical Care AG &    
Company KGaA 28,073 2,060,441
SAP AG 55,177 3,912,677
 
    8,868,698
Hong Kong - 3.2%    
China Mobile, Ltd. 202,500 2,245,383
Galaxy Entertainment Group, Ltd. (I) 549,000 1,837,816
Hutchison Whampoa, Ltd. 207,000 1,995,228
 
    6,078,427
Ireland - 1.7%    
Shire PLC 35,737 1,057,793
WPP PLC 153,333 2,087,744
 
    3,145,537
Israel - 2.0%    
Teva Pharmaceutical Industries, Ltd., ADR 90,441 3,745,162
Japan - 7.1%    
Canon, Inc. 56,600 1,811,358
Denso Corp. 60,100 1,886,051
FANUC Corp. 10,100 1,626,671
Keyence Corp. 8,200 2,094,793
Komatsu, Ltd. 40,800 802,706
Nidec Corp. 19,500 1,425,777
Toyota Motor Corp. 51,400 2,016,750
Yamada Denki Company, Ltd. 43,580 1,909,882
 
    13,573,988
Mexico - 3.7%    
America Movil SAB de CV, Series L, ADR 95,702 2,434,659
Fomento Economico Mexicano SAB    
de CV, ADR 18,475 1,699,331
Grupo Televisa SAB, ADR 121,102 2,847,108
 
    6,981,098
Netherlands - 2.6%    
Koninklijke Ahold NV 25,817 323,640

 

International Opportunities Trust (continued)
Shares or  
Principal  
Amount Value
 
COMMON STOCKS (continued)    
Netherlands (continued)    
Royal Dutch Shell PLC, B Shares 64,542 $ 2,295,648
Unilever NV 63,420 2,246,611
 
    4,865,899
Russia - 0.5%    
Gazprom OAO, ADR (London Exchange) 104,150 1,044,409
Singapore - 2.4%    
Keppel Corp., Ltd. 291,000 2,689,048
United Overseas Bank, Ltd. 114,000 1,820,247
 
    4,509,295
South Korea - 2.8%    
Hyundai Mobis 10,060 2,800,732
NHN Corp. 10,000 2,607,128
 
    5,407,860
Spain - 1.1%    
Amadeus IT Holding SA, A Shares 87,911 2,052,472
Sweden - 4.1%    
Investment AB Kinnevik 49,428 1,028,008
Investor AB, B Shares 87,926 1,940,234
Swedbank AB, Class A 100,129 1,883,478
Telefonaktiebolaget LM Ericsson, B Shares 141,905 1,294,304
Volvo AB, Series B 119,092 1,676,850
 
    7,822,874
Switzerland - 8.2%    
ABB, Ltd. (I) 103,237 1,940,798
Informa PLC 231,194 1,507,405
Julius Baer Group, Ltd. (I) 50,146 1,748,667
Nestle SA 44,250 2,791,340
Novartis AG 32,734 2,003,530
Roche Holdings AG 14,837 2,771,632
Syngenta AG 7,715 2,883,101
 
    15,646,473
Taiwan - 1.0%    
Taiwan Semiconductor    
Manufacturing Company, Ltd. 642,000 1,956,258
Turkey - 0.9%    
Akbank TAS 418,238 1,654,972
United Kingdom - 16.2%    
BG Group PLC 154,890 3,136,382
British American Tobacco PLC 55,217 2,839,183
British Sky Broadcasting Group PLC 163,373 1,962,717
Centrica PLC 321,507 1,704,102
Compass Group PLC (I) 386,286 4,272,297
GlaxoSmithKline PLC 29,246 674,641
Imperial Tobacco Group PLC 99,295 3,680,565
Kingfisher PLC 479,832 2,050,360
Next PLC 48,394 2,702,240
Pearson PLC (I) 72,939 1,427,291
Reed Elsevier PLC 454,878 4,354,992
Smith & Nephew PLC 189,646 2,094,627
 
    30,899,397
TOTAL COMMON STOCKS (Cost $155,205,789) $ 167,579,399
 
PREFERRED SECURITIES - 1.5%    
Germany - 1.5%    
Volkswagen AG, 3.060% 15,121 2,762,018
TOTAL PREFERRED SECURITIES (Cost $2,520,876) $ 2,762,018

 

212

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

International Opportunities Trust (continued)
  Shares or    
  Principal    
  Amount   Value
 
 
SHORT-TERM INVESTMENTS - 9.8%      
Money Market Funds - 9.8%      
State Street Institutional Liquid Reserves      
Fund, 0.2109% (Y) 18,728,353   18,728,353
TOTAL SHORT-TERM INVESTMENTS (Cost $18,728,353) $ 18,728,353
Total Investments (International Opportunities Trust)    
(Cost $176,455,018) - 99.4%   $ 189,069,770
Other assets and liabilities, net - 0.6%     1,183,583
TOTAL NET ASSETS - 100.0%   $ 190,253,353
 
 
 
 
International Small Company Trust    
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS - 99.8%      
Australia - 6.3%      
Acrux, Ltd. 21,395 $ 70,609
Aditya Birla Minerals, Ltd. 16,006   7,940
AED Oil, Ltd. 17,758   2,671
AJ Lucas Group, Ltd. (I) 6,337   4,824
Alesco Corp., Ltd. 8,274   16,820
Alkane Resources, Ltd. 4,753   4,686
Alliance Resources, Ltd. 22,348   4,704
Amalgamated Holdings, Ltd. 8,898   61,687
APN News & Media, Ltd. 27,123   9,493
Arafura Resources, Ltd. 20,511   3,475
ARB Corp., Ltd. 6,954   70,341
Aristocrat Leisure, Ltd. 27,834   77,350
ASG Group, Ltd. 14,304   9,678
Aurora Oil and Gas, Ltd. 37,487   139,792
Ausdrill, Ltd. 37,368   111,665
Ausenco, Ltd. 7,289   20,133
Austal, Ltd. (I) 12,187   17,497
Austbrokers Holdings, Ltd. 4,308   36,807
Austin Engineering, Ltd. 7,179   30,078
Australian Agricultural Company, Ltd. (I) 12,266   16,279
Automotive Holdings Group 33,552   105,010
AWE, Ltd. 36,008   48,662
Bandanna Energy, Ltd. 1,544   507
Beach Energy, Ltd. 136,945   178,229
Beadell Resources, Ltd. 37,445   38,163
Billabong International, Ltd. (L) 15,622   21,394
Biota Holdings, Ltd. (I) 13,694   9,870
Blackmores, Ltd. 1,346   43,462
Bradken, Ltd. 10,103   57,515
Brickworks, Ltd. 1,798   18,874
BT Investment Management, Ltd. 3,141   6,809
Buru Energy, Ltd. 28,913   86,784
Cabcharge Australia, Ltd. 9,047   50,929
Cape Lambert Iron Ore, Ltd. 61,857   20,208
Cardno, Ltd. 3,023   22,727
Carnarvon Petroleum, Ltd. 44,251   4,464
Chandler Macleod, Ltd. 23,343   10,386
Citigold Corp., Ltd. 12,839   866
Clough, Ltd. 20,047   14,464
Coal of Africa, Ltd. 28,467   6,785
Coalspur Mines, Ltd. 22,551   16,199
Cockatoo Coal, Ltd. 84,085   9,995
Coffey International, Ltd. (I) 25,659   11,173
Compass Resources, Ltd. 15,577   0
Consolidated Media Holdings, Ltd. 18,138   63,635
CSG, Ltd. 23,845   11,226

 

International Small Company Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Australia (continued)    
CSR, Ltd. 40,665 $ 65,229
CuDeco, Ltd. 8,580 40,775
Cue Energy Resources, Ltd. 5,000 700
Deep Yellow, Ltd. 57,118 2,488
Devine, Ltd. 8,467 5,008
Discovery Metals, Ltd. (L) 22,724 29,925
DuluxGroup, Ltd. 21,139 72,334
DWS Advanced Business Solutions, Ltd. 12,684 20,867
Elders, Ltd. (I) 48,521 12,521
Emeco Holdings, Ltd. 61,822 46,587
Energy World Corp., Ltd. 75,962 31,493
Enero Group, Ltd. (I) 5,001 2,849
Envestra, Ltd. 85,048 79,673
Evolution Mining, Ltd. 26,424 52,397
Fantastic Holdings, Ltd. 4,687 13,613
FKP Property Group 133,745 34,502
Fleetwood Corp., Ltd. 5,216 54,773
FlexiGroup, Ltd. 15,968 53,323
Flinders Mines, Ltd. 102,814 9,126
Focus Minerals, Ltd. 124,710 4,771
Gindalbie Metals, Ltd. 45,437 12,713
Goodman Fielder, Ltd. (I) 209,597 107,350
Grange Resources Corp., Ltd. 101,992 27,791
Gryphon Minerals, Ltd. 15,128 14,274
GUD Holdings, Ltd. 6,387 54,445
Gujarat NRE Coking Coal, Ltd. 3,510 619
Gunns, Ltd. (I) 91,122 15,123
GWA International, Ltd. 18,833 35,523
Hastie Group, Ltd. (I) 2,492 414
Hillgrove Resources Ltd. 71,641 6,683
Hills Industries, Ltd. 29,039 34,465
Horizon Oil, Ltd. 90,132 27,890
Icon Energy, Ltd. 53,263 12,088
iiNET, Ltd. 7,036 26,802
Imdex, Ltd. 15,820 26,664
IMFAustralia, Ltd. 10,109 15,407
Independence Group NL 16,664 72,704
Indophil Resources NL 145,281 46,658
Industrea, Ltd. 28,662 37,013
Infigen Energy (I) 81,696 22,342
Integra Mining, Ltd. 58,809 34,094
International Ferro Metals, Ltd. 24,339 5,646
Intrepid Mines, Ltd. 32,053 15,568
Invocare, Ltd. 7,061 62,828
IOOF Holdings, Ltd. 18,395 108,975
Iress, Ltd. 5,989 45,838
Ivanhoe Australia, Ltd. 6,152 4,286
JB Hi-Fi, Ltd. (L) 5,227 49,019
Kagara, Ltd. (I) 48,216 6,002
Karoon Gas Australia, Ltd. 6,513 36,127
Kingsgate Consolidated, Ltd. 8,151 50,494
Linc Energy, Ltd. 22,798 14,697
M2 Telecommunications Group, Ltd. 13,653 48,640
Macmahon Holdings, Ltd. 67,462 19,225
Matrix Composites & Engineering, Ltd. 1,943 4,385
McMillan Shakespeare, Ltd. 4,446 56,109
McPherson’s, Ltd. 1,735 905
McPherson’s, Ltd. 6,941 13,343
Medusa Mining, Ltd. 7,559 46,891
Mermaid Marine Australia, Ltd. 14,850 47,433
Metals X, Ltd. 140,431 23,273
Mincor Resources NL 19,890 19,024
Mineral Deposits, Ltd. 4,722 28,728
Mirabela Nickel, Ltd. 61,772 27,279
Molopo Energy, Ltd. 5,287 3,307

 

213

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

International Small Company Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Australia (continued)    
Mount Gibson Iron, Ltd. 10,942 $ 8,433
Myer Holdings, Ltd. 45,216 81,567
Nexus Energy, Ltd. 112,125 16,273
NIB Holdings, Ltd. 43,000 75,740
Nido Petroleum, Ltd. 140,525 5,209
NRW Holdings, Ltd. 18,377 38,756
Nufarm, Ltd. 8,958 56,197
Oakton, Ltd. 7,538 10,812
OceanaGold Corp. 21,200 70,300
OrotonGroup, Ltd. 3,034 21,933
Otto Energy, Ltd. 63,569 5,909
Pacific Brands, Ltd. 68,225 43,155
Pan Pacific Petroleum NL 39,039 6,074
Panoramic Resources, Ltd. 21,653 12,117
PaperlinX, Ltd. (I) 67,848 4,267
Peet, Ltd. (I) 9,595 7,275
Perilya, Ltd. (I) 61,419 20,055
Perpetual, Ltd. (I) 2,322 62,320
Perseus Mining, Ltd. 29,724 89,104
Pharmaxis, Ltd. 25,383 30,193
PMP, Ltd. 32,750 8,490
Premier Investments, Ltd. 4,278 25,797
Prime Retirement & Aged    
Care Property Trust (I) 14,396 0
Programmed Maintenance Services, Ltd. 12,923 28,812
Ramelius Resources, Ltd. 2,953 1,192
REA Group, Ltd. 4,597 74,517
Reckon, Ltd. 11,034 25,977
Redflex Holdings, Ltd. 3,279 6,836
Resolute Mining, Ltd. 56,262 111,878
Resource Generation, Ltd. 9,069 2,919
Retail Food Group, Ltd. 5,468 16,708
Ridley Corp., Ltd. 19,156 23,173
Roc Oil Company, Ltd. 64,961 24,474
SAI Global, Ltd. 14,082 61,750
Sandfire Resources Nl 3,643 31,445
Saracen Mineral Holdings, Ltd. 15,052 7,653
Sedgman, Ltd. 11,057 12,826
Servcorp, Ltd. 5,074 16,302
Sigma Pharmaceuticals, Ltd. 207,664 137,194
Silex Systems, Ltd. 7,499 30,084
Silver Lake Resources, Ltd. 20,261 75,799
Sirtex Medical, Ltd. 2,941 28,977
Skilled Group, Ltd. 2,882 7,650
SMS Management & Technology, Ltd. 3,796 24,744
Southern Cross Media Group, Ltd. 58,632 60,903
Specialty Fashion Group, Ltd. (I) 12,034 6,102
St. Barbara, Ltd. 33,049 74,020
Straits Metals, Ltd. 26,265 2,396
STW Communications Group, Ltd. 23,084 24,271
Sundance Resources, Ltd. 164,268 56,488
Super Cheap Auto Group, Ltd. 6,802 54,642
Technology One, Ltd. 17,402 24,559
Ten Network Holdings, Ltd. 60,415 22,767
TFS Corp., Ltd. (I) 19,836 8,198
Thakral Holdings Group, Ltd. 84,502 69,872
The Reject Shop, Ltd. 2,561 32,709
Tiger Resources, Ltd. 50,647 18,318
Tox Free Solutions, Ltd. 8,380 23,325
Transfield Services, Ltd. 40,071 72,360
Transpacific Industries Group, Ltd. (I) 18,498 16,933
Troy Resources NL (L) 6,603 33,659
UXC, Ltd. 17,598 18,302
Village Roadshow, Ltd. 23,279 86,946
Virgin Australia Holdings, Ltd. (I) 353,418 147,977

 

International Small Company Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Australia (continued)    
Virgin Australia Holdings, Ltd. (I) 359,466 $ 1,864
Watpac, Ltd. 11,170 7,891
Webjet, Ltd. 10,889 46,061
Western Areas NL (L) 7,786 34,271
White Energy Company, Ltd. 9,845 3,356
Wide Bay Australia, Ltd. 607 4,052
Windimurra Vanadium, Ltd. 26,337 0
Wotif.com Holdings, Ltd. 6,934 27,564
 
    6,007,595
Austria - 1.0%    
Austria Technologie & Systemtechnik AG 217 2,333
Austriamicrosystems AG 1,784 178,520
BWT AG 474 9,697
CA Immobilien Anlagen AG 722 7,954
Cat Oil AG 3,036 21,710
EVN AG 1,566 21,822
Flughafen Wien AG 1,080 50,154
Frauenthal Holdings AG 179 2,186
Intercell AG 3,233 7,610
Kapsch Trafficcom AG 191 12,202
Lenzing AG 51 4,362
Mayr-Melnhof Karton AG 551 51,598
Oesterreichische Post AG 4,652 166,554
Palfinger AG 1,137 24,174
RHI AG 2,979 79,356
Rosenbauer International AG 174 8,850
S IMMO AG 1,298 7,957
S&T System Integration & Technology    
Distribution AG 495 1,584
Schoeller-Bleckmann Oilfield Equipment AG 1,435 149,292
Semperit AG Holding 128 5,004
Wienerberger AG (L) 8,352 64,864
Zumtobel AG 5,975 64,631
 
    942,414
Bahamas - 0.0%    
United International Enterprises 65 10,913
Belgium - 1.2%    
Ackermans & Van Haaren NV 1,723 138,834
AGFA Gevaert NV (I) 33,071 55,259
AGFA Gevaert NV 10,039 13
Arseus NV 1,641 30,428
Banque Nationale de Belgique 9 27,774
Barco NV 780 53,071
Compagnie d’Entreprises CFE 687 34,877
Compagnie Maritime Belge SA 1,387 24,525
D’ieteren SA 3,844 188,091
Deceuninck Plastics NV 7,720 12,335
Devgen 964 19,687
Econocom Group 4,944 29,807
Elia System Operator SA 534 76
Elia System Operator SA/NV 2,673 109,470
Euronav NV (I) 2,340 14,955
EVS Broadcast Equipment SA 811 44,819
Exmar NV 836 6,341
Galapagos NV 2,443 51,340
Gimv NV 23 1,092
Kinepolis Group NV 719 71,286
Melexis NV 1,922 32,459
Nyrstar 13,851 87,447
Nyrstar 5,698 7
Sipef SA 356 29,416
Tessenderlo Chemie NV 1,427 40,052
Tessenderlo Chemie NV - Strip VVP 188 12

 

214

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

International Small Company Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Belgium (continued)    
ThromboGenics NV 1,612 $ 64,644
Van De Velde NV 356 16,228
 
    1,184,345
Bermuda - 0.5%    
Catlin Group, Ltd. 29,759 228,817
Frontline, Ltd. (I) 3,470 13,447
Golden Ocean Group, Ltd. (I) 34,000 24,198
Hiscox, Ltd. 23,931 188,189
 
    454,651
Canada - 10.0%    
5N Plus, Inc. 3,515 7,616
Aastra Technologies, Ltd 2,000 33,567
Absolute Software Corp. 3,900 18,328
Advantage Oil & Gas, Ltd. (I) 19,100 71,496
Aecon Group, Inc. 5,300 65,071
AEterna Zentaris, Inc. 5,900 4,021
AG Growth International, Inc. 1,100 36,074
AGF Management, Ltd. 6,598 75,436
Akita Drilling, Ltd. 1,500 17,547
Alexco Resource Corp. 4,800 20,946
Algonquin Power & Utilities Corp. 9,200 62,419
Alliance Grain Traders, Inc. 1,218 17,915
Alterra Power Corp. 15,708 8,309
Altius Minerals Corp. 3,100 33,835
Anderson Energy, Ltd. 8,700 2,035
Angle Energy, Inc. 5,300 21,295
Antrim Energy, Inc. 15,500 12,298
Argosy Energy, Inc. 26 4
Astral Media, Inc. 4,349 213,137
Atrium Innovations, Inc. 2,400 26,219
ATS Automation Tooling Systems, Inc. 8,247 74,660
Augusta Resource Corp. 8,429 24,264
Aura Minerals, Inc. 10,300 4,400
Aurizon Mines, Ltd. 14,000 73,482
Avalon Rare Metals, Inc. 5,100 10,012
Avion Gold Corp. 22,909 18,642
B2Gold Corp. 28,406 113,844
Bankers Petroleum, Ltd. 23,800 71,417
Bellatrix Exploration, Ltd. (I) 6,720 27,274
Bioteq Environment Technologies, Inc. 500 84
Birch Mountain Resources, Ltd. 9,200 3
Birchcliff Energy, Ltd. 9,700 65,515
Bird Construction, Inc. 1,500 21,971
Black Diamond Group, Ltd. 2,750 62,715
BlackPearl Resources, Inc. 24,200 89,110
BMTC Group, Inc., Class A 500 7,985
Bonterra Energy Corp. 1,500 66,860
Boralex, Inc. 2,500 22,175
Brigus Gold Corp. 14,000 13,813
Burcon Nutrascience Corp. 2,500 11,952
Calfrac Well Services, Ltd. 2,151 51,768
Calvalley Petroleums, Inc. 10,640 23,377
Canaccord Financial, Inc. (London Exchange) 1,071 5,845
Canaccord Financial, Inc. (Toronto Exchange) 5,300 30,622
Canada Bread Company, Ltd. 2,160 106,187
Canadian Energy Services & Technology Corp. 3,840 41,326
Canam Group, Inc. (I) 4,200 21,575
Canexus Corp. 300 2,615
Canfor Corp. (I) 16,240 215,245
Canfor Pulp Products, Inc. 2,715 25,159
Cangene Corp. (I) 100 169
Canyon Services Group, Inc. 1,668 20,190
Capital Power Corp. 1,449 31,380

 

International Small Company Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Canada (continued)    
Capstone Infrastructure Corp. 4,454 $ 20,070
Capstone Mining Corp. 23,967 61,923
Cardero Resource Corp. 7,100 5,055
Carpathian Gold, Inc. 24,200 7,385
Cascades, Inc. 6,800 31,610
CCL Industries, Inc. 3,600 133,000
Celestica, Inc. 17,900 128,000
Celtic Exploration, Ltd. 189 3,514
Cequence Energy, Ltd. 2,335 4,204
China Gold International Resources Corp., Ltd. 12,500 54,420
Chinook Energy, Inc. 3,544 5,660
Churchill Corp. 1,600 16,063
Clarke, Inc. 2,800 12,674
Claude Resources, Inc. 10,900 9,313
Cline Mining Corp. (L) 9,200 2,106
CML Healthcare, Inc. 7,000 63,371
Cogeco, Inc. 45 1,643
Colabor Group, Inc. 649 5,063
Colossus Minerals, Inc. 4,300 24,538
COM DEV International, Ltd. 8,800 26,943
Computer Modelling Group, Ltd. 1,060 20,820
Connacher Oil and Gas, Ltd. 52,700 28,947
Contrans Group, Inc., Class A 2,800 27,627
Corridor Resources, Inc. 4,930 3,109
Cott Corp. (I) 8,900 70,342
Crew Energy, Inc. 11,300 83,218
Davis & Henderson Corp. 4,533 95,169
Deethree Exploration, Ltd. 200 1,143
Delphi Energy Corp. 20,245 25,535
Denison Mines Corp. 33,028 49,050
DirectCash Payments, Inc. 500 12,130
Dorel Industries, Inc., Class B 3,200 111,126
Duluth Metals, Ltd. 8,700 20,796
Dundee Precious Metals, Inc. (I) 11,000 102,940
Eastern Platinum, Ltd. 140,500 25,725
Eastmain Resources, Inc. 7,100 7,366
Easyhome, Ltd. 1,446 9,928
Eco Oro Minerals Corp. 7,400 6,925
Enbridge Income Fund Holdings, Inc. 1,765 42,208
Endeavour Silver Corp. 5,307 52,903
Enerflex, Ltd. 4,700 59,521
Energy Fuels, Inc. 36,529 7,431
Enghouse Systems, Ltd. 600 8,428
Entree Gold, Inc. 7,400 4,291
Equitable Group, Inc. 400 13,105
Essential Energy Services, Ltd. 3,768 9,314
Evertz Technologies, Ltd. 1,712 24,032
Excellon Resources, Inc. 2,000 773
Exco Technologies, Ltd. 2,900 14,277
Exeter Resource Corp. 230 386
Fairborne Energy, Ltd. (I) 8,600 11,722
Firm Capital Mortgage Investment Corp. 1,100 15,273
First National Financial Corp. 700 11,585
FirstService Corp. 2,400 68,233
Forsys Metals Corp. 400 277
Fortress Paper, Ltd. 900 12,725
Fortuna Silver Mines, Inc. 6,199 32,852
Fortune Minerals, Ltd. 2,450 1,371
Gamehost, Inc. 100 1,279
Garda World Security Corp. 4,900 59,462
Genivar, Inc. 1,373 31,549
Geomark Exploration, Inc. 24 22
Glacier Media, Inc. 6,100 11,417
Glentel, Inc. 1,400 21,076
Gluskin Sheff & Associates, Inc. 1,300 19,346

 

215

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

International Small Company Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Canada (continued)    
GMP Capital, Inc. 3,026 $ 17,945
Gran Tierra Energy, Inc. 19,353 100,003
Granite Real Estate, Inc. 694 24,863
Great Canadian Gaming Corp. 3,900 39,829
Great Panther Silver, Ltd. 14,100 32,414
Guide Exploration, Ltd. 9,800 16,847
Guyana Goldfields, Inc. 6,600 22,289
Hanfeng Evergreen, Inc. 200 346
Harry Winston Diamond Corp. (I) 7,361 87,529
Heroux-Devtek, Inc. 1,600 21,548
High River Gold Mines, Ltd. 2,191 3,165
Home Capital Group, Inc. 2,200 115,113
Horizon North Logistics, Inc. 5,748 46,599
HudBay Minerals, Inc. 900 8,862
IBI Group, Inc. 900 8,935
IMAX Corp. 7,214 143,532
Imperial Metals Corp. 4,600 58,442
Innergex Renewable Energy, Inc. 5,656 62,423
Insignia Energy, Ltd. 3,910 2,784
International Forest Products, Ltd. 2,050 12,303
International Tower Hill Mines, Ltd. 2,300 6,574
Intertape Polymer Group, Inc. 4,500 30,851
Isotechnika Pharma, Inc. 3,200 130
Ivanhoe Energy, Inc. (L) 25,500 14,007
Just Energy Group, Inc. 11,140 121,587
K-Bro Linen, Inc. 600 17,608
KAB Distribution, Inc. (I) 7,076 1
Katanga Mining, Ltd. 87,256 38,165
Keegan Resources, Inc. 6,600 24,504
Killam Properties Inc. 3,456 45,876
Kimber Resources, Inc. 250 173
Kingsway Financial Services, Inc. (I) 2,025 4,346
Kirkland Lake Gold, Inc. 4,664 56,551
Lake Shore Gold Corp. (L) 24,100 24,269
Laurentian Bank of Canada 2,814 132,471
Le Chateau, Inc. 1,700 3,458
Legacy Oil & Gas, Inc. 6,969 47,637
Leisureworld Senior Care Corp. 1,555 19,455
Leon’s Furniture, Ltd. 5,726 66,981
Linamar Corp. 4,251 91,497
MAG Silver Corp. 3,500 42,864
Major Drilling Group International 6,900 70,467
Maple Leaf Foods, Inc. (L) 8,000 90,164
Martinrea International, Inc. 8,593 61,709
Maxim Power Corp. 4,800 8,740
Mega Uranium, Ltd. 24,000 3,784
Mercator Minerals, Ltd. 19,100 11,851
Migao Corp. 3,000 9,002
Minera Andes Acquisition Corp. 11,250 52,067
Mood Media Corp. 6,130 14,965
Morneau Shepell, Inc. 3,098 39,863
Nautilus Minerals, Inc. 24,663 23,331
Newalta, Inc. 5,900 86,721
NGEx Resources, Inc. 7,821 20,286
Norbord, Inc. (I) 940 16,637
Nordion, Inc. 13,878 93,311
North American Palladium, Ltd. 7,400 14,076
Northern Dynasty Minerals, Ltd. (I)(L) 3,500 16,199
Northland Power, Inc. 4,876 94,435
Noveko International, Inc. 2,600 225
NuVista Energy, Ltd. (I) 9,573 44,014
Oncolytics Biotech, Inc. 4,590 10,832
Paladin Labs, Inc. 700 32,284
Parex Resources, Inc. 663 3,257
Parkland Fuel Corp. 200 3,379

 

International Small Company Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Canada (continued)    
Pason Systems, Inc. 6,600 $ 110,168
Peregrine Diamonds, Ltd. 12,400 4,541
Perpetual Energy, Inc. 1,456 1,822
Petrobank Energy & Resources, Ltd. 1,519 21,307
Peyto Exploration & Development Corp. 268 6,590
PHX Energy Services Corp. 700 6,494
Pilot Gold, Inc. 3,109 5,376
Platinum Group Metals, Ltd. 5,000 5,188
Polymet Mining Corp. 7,903 9,245
Poseidon Concepts Corp. 3,270 48,596
Premium Brands Holdings Corp. 1,400 25,562
Primero Mining Corp. 369 1,929
Pulse Seismic, Inc. 5,782 15,409
Pure Energy Services, Ltd. 1,400 15,636
QLT, Inc. 100 787
Queenston Mining, Inc. 5,961 24,375
Questerre Energy Corp. 37,200 26,488
Reitmans Canada, Ltd. 154 1,989
Reitmans Canada, Ltd., Class A 7,000 92,564
Resverlogix Corp. 3,400 6,536
Richelieu Hardware, Ltd. 1,400 49,088
Richmont Mines, Inc. 2,000 9,541
RMP Energy, Inc. 4,700 9,705
Rogers Sugar, Inc. 4,174 27,597
RONA, Inc. 10,343 116,676
RS Technologies, Inc. 152 14
Rubicon Minerals Corp. 15,700 58,929
Russel Metals, Inc. 7,189 201,242
Sabina Gold & Silver Corp. 2,375 7,924
San Gold Corp. 15,200 16,544
Sandvine Corp. 11,600 14,159
Savanna Energy Services Corp. 5,222 41,857
Scorpio Mining Corp. 8,900 10,230
Seabridge Gold, Inc. 3,200 62,236
Secure Energy Services, Inc. 3,037 31,294
SEMAFO, Inc. 13,893 63,452
Sherritt International Corp. (L) 23,100 117,016
Shore Gold, Inc. 22,600 5,747
Sierra Wireless, Inc. 3,200 24,998
Silver Standard Resources, Inc. 6,000 96,552
Softchoice Corp. 500 6,022
Southern Pacific Resource Corp. 14,216 20,245
SouthGobi Energy Resources, Ltd. 4,900 10,218
Sprott Resource Corp. 9,300 37,366
Sprott Resource Lending Corp. 9,200 13,008
Sprott, Inc. 5,300 25,554
Stantec, Inc. (L) 4,700 160,157
Stella-Jones, Inc. 100 6,052
Student Transportation of America, Ltd. 5,290 35,998
SunOpta, Inc. 6,708 42,919
Superior Plus Corp. 8,000 74,051
Tanzanian Royalty Exploration Corp. (L) 7,400 38,012
Taseko Mines, Ltd. 25,500 84,559
Teranga Gold Corp., ADR 12,432 28,139
The Cash Store Financial Services, Inc. 2,451 13,986
The Descartes Systems Group, Inc. 6,000 52,548
The North West Company, Inc. 2,983 67,543
Theratechnologies, Inc. 3,586 1,824
Timminco, Ltd. (I) 8,700 17
Timmins Gold Corp. 478 1,347
TLC Vision Corp. 3,400 17
TMX Group Ltd. 213 10,894
Toromont Industries, Ltd. 5,100 108,319
Torstar Corp. 6,800 59,693
Total Energy Services, Inc. 8,400 136,027

 

216

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

International Small Company Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Canada (continued)    
Transcontinental, Inc. 5,983 $ 50,817
TransForce, Inc. 7,918 140,142
Transglobe Energy Corp. 5,600 60,950
Transition Therapeutics, Inc. 2,700 5,767
Trinidad Drilling, Ltd. 11,797 82,199
Twin Butte Energy, Ltd. 8,287 24,024
Uni-Select, Inc. 1,500 38,755
Valener, Inc. 690 11,244
Vecima Networks, Inc. 2,779 14,501
Vero Energy, Inc. 8,900 22,904
Virginia Mines, Inc. 600 6,439
Vitran Corp., Inc. (I) 600 3,546
Wajax Corp. 1,300 58,699
Wesdome Gold Mines, Ltd. 8,000 9,358
Westfire Energy, Ltd. 2,803 11,661
Whitecap Resources, Inc. 3,906 29,362
Wi-LAN, Inc. 9,800 55,126
Winpak, Ltd. 200 3,190
Xtreme Drilling and Coil Services Corp. 3,452 3,582
YM Biosciences, Inc. 8,152 14,843
Zargon Oil & Gas, Ltd. 1,173 10,977
ZCL Composites, Inc. 3,500 16,056
 
    9,496,948
Cayman Islands - 0.0%    
Endeavour Mining Corp. (I) 10,964 24,759
China - 0.1%    
Bund Center Investment, Ltd. 152,000 22,951
Sound Global, Ltd. 51,000 22,217
SunVic Chemical Holdings, Ltd. 26,000 7,380
 
    52,548
Colombia - 0.0%    
Petrominerales, Ltd. 3,400 27,529
Cyprus - 0.1%    
Deep Sea Supply PLC (I) 11,000 18,141
Songa Offshore SE 14,000 29,589
 
    47,730
Denmark - 0.9%    
ALK-Abello A/S 491 31,617
Alm Brand A/S (I) 5,370 13,611
Amagerbanken A/S (I) 25,580 0
Ambu A/S 7 179
Auriga Industries (I) 1,693 26,634
Bang & Olufsen A/S (I) 3,937 53,947
Bavarian Nordic A/S 1,856 15,871
D/S Norden A/S 2,246 59,989
DFDS A/S 33 1,588
East Asiatic Company, Ltd. A/S 1,511 32,322
Genmab A/S 3,300 41,529
IC Companys A/S 807 14,262
Jyske Bank A/S (I) 65 1,933
Lan & Spar Bank A/S 225 10,665
Newcap Holding A/S 7,100 781
NKT Holding A/S 1,339 46,256
Ostjydsk Bank A/S (I) 222 10,100
Ringkjoebing Landbobank A/S 386 52,697
Royal Unibrew A/S 750 57,550
Schouw & Company A/S 1,959 43,910
SimCorp A/S 537 114,758
Solar Holdings A/S 603 33,276
Spar Nord Bank A/S (I) 9,884 44,959
Sydbank A/S (I) 5,133 96,913

 

International Small Company Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Denmark (continued)    
Vestjysk Bank A/S (I) 155 $ 363
 
    805,710
Finland - 2.3%    
Ahlstrom OYJ 63 1,070
Alma Media OYJ 4,110 25,698
Amer Sports OYJ 22,062 287,800
Atria PLC 1,021 6,822
Cargotec Corp. OYJ 5,393 127,142
Citycon OYJ 1,542 4,626
Cramo OYJ 2,993 31,236
Elektrobit Corp. (I) 2,752 2,334
F-Secure OYJ 7,159 15,824
Finnair OYJ (I) 3,281 8,731
Finnlines OYJ (I) 4,379 42,880
Fiskars Corp. 3,512 67,609
HKScan OYJ 316 1,458
Huhtamaki OYJ 5,884 93,888
Ilkka-Yhtyma OYJ 1,535 10,411
Kemira OYJ 8,272 115,398
Konecranes OYJ 4,353 126,759
Lannen Tehtaat OYJ 696 12,304
Metsa Board OYJ (I) 44,242 132,797
Olvi OYJ 1,172 27,337
Oriola-KD OYJ 4,895 12,923
Outotec OYJ 3,485 166,379
PKC Group OYJ 1,196 21,647
Poyry OYJ 2,864 12,529
Raisio OYJ 8,267 30,064
Ramirent OYJ 4,765 38,420
Rapala VMC OYJ 2,298 14,766
Rautaruukki OYJ 6,695 42,146
Ruukki Group OYJ (I) 8,977 5,537
Scanfil PLC 3,574 3,858
Sievi Capital PLC 3,574 4,367
Stockmann OYJ ABP, Series B 3,940 75,152
Tieto OYJ 4,223 73,100
Tikkurila OYJ 2,068 39,303
Uponor OYJ 4,437 46,884
Vacon OYJ 758 39,154
Vaisala OYJ 206 4,229
YIT OYJ 19,965 384,718
 
    2,157,300
France - 3.3%    
ABC Arbitrage 1,757 14,342
Alten SA 1,900 60,770
Altran Technologies SA (I) 15,565 102,589
April Group SA 1,212 20,285
Archos SA 313 1,375
Artprice.com (I)(L) 207 6,218
Assystem SA 1,693 30,676
Atari SA 2,501 3,642
Beneteau SA 4,024 44,025
Boiron SA 699 21,274
Bonduelle SCA 67 5,745
Bongrain SA 189 11,293
Bourbon SA 4,600 132,731
Boursorama 743 5,340
Bull SA 11,076 37,247
Cegedim SA 385 7,470
Club Mediterranee SA (I) 1,557 25,079
Compagnie Plastic Omnium SA 1,499 37,456
Derichebourg SA 8,547 27,163
Eiffage SA 168 5,529

 

217

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

International Small Company Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
France (continued)    
Electricite de Strasbourg SA 81 $ 9,796
Esso SAF 197 15,398
Etablissements Maurel et Prom SA 12,266 181,691
Euro Disney SCA 1,445 9,865
Faiveley Transport 97 6,024
Faurecia 333 5,541
Financiere Marc de Lacharriere SA 961 39,753
GameLoft SA 3,348 22,275
GFI Informatique SA 7,671 28,101
GL Events SA 213 4,098
Groupe Steria SA 2,929 40,945
Guerbet SA 129 12,621
Haulotte Group SA (I) 962 7,027
Havas SA 28,316 146,195
Ingenico SA 1,412 72,655
Ipsen SA 822 20,056
IPSOS SA 2,752 88,176
Jacquet Metal Service 2,200 23,985
Korian 170 2,585
Lafuma SA (I) 323 10,514
Laurent-Perrier SA 215 18,488
Lectra SA 2,262 13,518
LISI SA 69 4,726
LVL Medical Groupe SA (I) 438 17,382
Manitou BF SA 1,105 17,578
Manutan International 162 6,444
Maurel & Prom Nigeria 12,266 32,656
Mersen 1,792 52,816
Metropole Television SA 6,834 93,425
Naturex 171 11,655
Neopost SA 3,041 168,214
Nexans SA 2,042 96,209
Nexity SA 3,567 103,309
NicOx SA (I)(L) 4,623 15,144
Norbert Dentressangle SA 449 30,184
NRJ Group 2,727 20,637
Orpea SA 2,102 84,283
PagesJaunes Groupe (I) 3,728 6,916
Parrot SA 1,095 34,487
Pierre & Vacances SA 453 9,886
Rallye SA 2,713 82,165
Recylex SA (I) 3,196 18,138
Robertet SA 135 20,834
Rubis SA 1,745 102,578
Saft Groupe SA 2,392 55,509
Seche Environnement SA 361 13,246
Sechilienne-Sidec SA 1,808 28,451
Sequana SA (I) 6,153 12,660
Societe d’Edition de Canal Plus 4,707 29,033
Societe Internationale de    
Plantations d’Heveas SA 50 4,256
Societe Television Francaise 1 3,729 31,136
SOITEC (I) 3,754 11,233
Somfy SA 280 47,272
Sopra Group SA 155 7,366
Spir Communication SA (I) 492 10,898
STEF 956 46,840
Synergie SA 80 740
Technicolor SA (I) 5,354 13,244
Teleperformance SA 5,894 169,162
Theolia SA 4,793 8,759
Toupargel Groupe SA 539 4,017
Transgene SA 1,152 13,247
Trigano SA 1,753 20,699
UBISOFT Entertainment SA 6,111 48,884

 

International Small Company Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
France (continued)    
Vetoquinol SA 56 $ 1,723
Viel & Compagnie SA 5,712 20,384
Vilmorin & Compagnie SA 681 81,960
Virbac SA 384 66,528
VM Materiaux SA 263 6,686
 
    3,163,155
Germany - 4.6%    
Aareal Bank AG (I) 4,192 86,050
ADVA AG Optical Networking 6,343 40,555
Agennix AG 0 0
Air Berlin PLC 4,881 9,963
Asian Bamboo AG 1,159 9,068
Aurubis AG 5,323 310,607
Balda AG 4,452 28,506
Bauer AG 162 3,564
BayWa AG 921 36,344
Bechtle AG 1,216 46,884
Bertrandt AG 193 14,277
Cewe Color Holding AG 385 15,350
Comdirect Bank AG 2,391 23,860
CompuGroup Medical AG 448 8,237
Conergy AG (I)(L) 7,393 3,613
CTS Eventim AG 1,134 33,707
Delticom AG 491 32,825
Deutsche Beteiligungs AG 423 10,526
Deutsche Wohnen AG 8,915 156,742
Deutz AG (I) 5,916 26,614
Dialog Semiconductor PLC 4,253 83,015
Douglas Holding AG 2,559 116,128
Drillisch AG 6,350 77,144
Duerr AG 1,696 113,150
DVB Bank AG 6,310 194,284
ElringKlinger AG (L) 3,656 96,801
Evotec AG 16,036 56,243
Freenet AG 15,169 247,549
Gerresheimer AG 2,768 144,883
Gerry Weber International AG 2,637 109,168
Gesco AG 295 25,009
GFK AG 324 14,646
Grenkeleasing AG 129 8,300
Hamburger Hafen und Logistik AG 2,218 57,695
Heidelberger Druckmaschinen AG (I)(L) 21,081 32,171
Indus Holding AG 1,623 39,612
IVG Immobilien AG (I) 12,392 28,319
Jenoptik AG 3,285 24,957
Kloeckner & Company SE (I) 9,276 88,816
Kontron AG 5,420 24,153
Krones AG 1,806 96,723
KUKA AG (I) 2,152 61,986
KWS Saat AG 206 54,956
Leoni AG 2,827 105,799
Manz AG 233 7,210
Medigene AG 3,040 4,280
MLP AG 4,269 27,747
Muehlbauer Holding AG & Company KGaA 156 4,461
MVV Energie AG 884 24,300
Nordex AG 2,657 10,805
Pfeiffer Vacuum Technology AG 173 18,488
Phoenix Solar AG (I) 547 944
Plambeck Neue Energien AG 6,235 16,434
Praktiker AG (I) 6,319 11,166
QSC AG 6,549 17,801
Rheinmetall AG 2,295 107,207
Rhoen-Klinikum AG 5,385 106,059

 

218

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

International Small Company Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Germany (continued)    
Sartorius AG 279 $ 20,288
Sedo Holding AG 1,638 3,314
Singulus Technologies AG 10,192 19,101
Sixt AG 2,356 45,648
Sky Deutschland AG 28,928 116,239
Solarworld AG (L) 11,677 23,003
Stada Arzneimittel AG 7,746 225,723
STRATEC Biomedical AG 563 25,857
Suss Microtec AG 2,259 21,709
Tag Immobilien AG 365 3,890
TUI AG (I) 9,525 82,218
Vossloh AG 766 70,621
VTG AG 1,231 19,628
Wacker Neuson SE 2,763 39,029
Wincor Nixdorf AG 4,031 157,872
Wire Card AG 10,022 230,223
WURTTEMBERGISCHE METALLWARENFA 1,601 96,416
Xing AG 361 17,563
 
    4,374,043
Gibraltar - 0.2%    
888 Holdings PLC 12,231 18,186
Bwin.Party Digital Entertainment PLC 74,167 124,629
 
    142,815
Great Britain - 0.2%    
Lancashire Holdings, Ltd. 13,824 184,179
Greece - 0.7%    
Aegean Airlines SA (I) 1,678 3,294
Alapis Holding Industrial and Commercial SA    
of Pharmaceutical (I) 3,303 174
Alpha Bank AE (I) 7,465 16,024
Athens Water Supply and Sewage Company SA 2,538 13,195
Attica Bank 6,737 2,326
Autohellas SA 2,895 4,266
Bank of Greece SA 1,882 33,867
Diagnostic & Therapeutic Center of    
Athens Hygeia SA (I) 12,314 4,051
EFG Eurobank Ergasias SA (I) 6,902 9,461
Ellaktor SA (I) 11,183 20,024
Folli Follie Group (I) 2,116 24,693
Fourlis SA (I) 6,312 11,640
Frigoglass SA (I) 6,060 37,042
GEK Terna Holding Real    
Estate Construction SA (I) 5,812 10,105
Geniki Bank (I) 19 107
Halcor SA (I) 4,634 3,588
Hellenic Exchanges SA Holding Clearing    
Settlement and Registry 7,482 33,815
Hellenic Petroleum SA 5,896 48,931
Intracom SA Technical &    
Steel Constructions SA (I) 3,519 2,877
Intralot SA-Integrated Lottery Systems    
& Services 2,796 4,698
JUMBO SA 1,195 6,612
Loulis Mills SA (I) 3,541 6,823
Marfin Investment Group SA (I) 72,043 26,971
Metka SA 3,097 28,481
Motor Oil Hellas Corinth Refineries SA 6,346 49,350
Mytilineos Holdings SA (I) 8,264 32,388
Nireus Aquaculture SA (I) 1,703 920
Piraeus Bank SA (I) 83,629 37,769
Piraeus Port Authority SA 710 10,956
Public Power Corp. SA (I) 5,553 25,537
Sarantis SA (I) 3,860 12,413

 

International Small Company Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Greece (continued)    
Sidenor Steel Products    
Manufacturing Company SA (I) 3,429 $ 5,155
Terna Energy SA 4,347 11,324
Titan Cement Company SA (I) 5,693 109,992
TT Hellenic Postbank SA (I) 12,594 2,719
Viohalco Hellenic Copper and    
Aluminum Industry SA (I) 7,173 30,378
 
    681,966
Hong Kong - 2.0%    
Allied Group, Ltd. 26,000 66,391
Allied Properties HK, Ltd. 358,000 49,534
Apac Resources, Ltd. (I) 500,000 15,801
Asia Satellite Telecom Holdings Company, Ltd. 2,500 7,079
Associated International Hotels, Ltd. 44,000 102,140
Bonjour Holdings, Ltd. 208,000 27,632
Brockman Mining, Ltd. 740,840 44,905
Champion Technology Holdings, Ltd. 540,520 7,154
Chen Hsong Holdings, Ltd. 10,000 2,682
Cheuk Nang Holdings, Ltd. 3,114 1,540
China Billion Resources Ltd. (I) 97,920 1,099
China Energy Development Holdings, Ltd. 634,000 8,576
China Metal International Holdings, Inc. 12,000 2,089
China Public Procurement, Ltd. (I) 232,000 0
China Renji Medical Group, Ltd. (I) 1,332,000 10,307
China Resources and    
Transportation Group, Ltd. (I) 600,000 19,697
China Solar Energy Holdings, Ltd. (I) 425,000 1,643
China WindPower Group, Ltd. 440,000 11,255
China Yunnan Tin Minerals    
Group Company, Ltd. 17,100 617
Chong Hing Bank, Ltd. 11,000 18,158
Chuang’s Consortium International, Ltd. 30,948 3,825
Citic Telecom International Holdings, Ltd. 112,000 21,945
CK Life Sciences International Holdings, Inc. 42,000 3,839
CP Lotus Corp. (I) 220,000 4,253
Cross-Harbour Holdings, Ltd. 18,000 14,479
CSI Properties, Ltd 245,066 10,253
CST Mining Group, Ltd. (I) 2,210,240 33,048
Dickson Concepts International, Ltd. 35,000 18,771
DVN Holdings Company, Ltd. (I) 112,000 3,295
EganaGoldpfeil Holdings, Ltd. (I) 103,373 0
Emperor Entertainment Hotel, Ltd. 80,000 15,751
Emperor International Holdings, Ltd. 177,333 44,115
Esprit Holdings, Ltd. 2,500 3,827
eSun Holdings, Ltd. (I) 74,000 9,921
EVA Precision Industrial Holdings, Ltd. 152,000 12,880
Far East Consortium International, Ltd. 139,352 31,776
Fortune Oil PLC 242,039 35,051
G-Resources Group, Ltd. 1,182,000 50,951
Get Nice Holdings, Ltd. 394,000 15,976
Giordano International, Ltd. 6,000 5,036
Glorious Sun Enterprises, Ltd. 64,000 18,485
Goldin Financial Holdings, Ltd. 210,000 25,187
Goldin Properties Holdings, Ltd. (I) 47,000 27,354
Haitong International Securities Group, Ltd. 22,399 7,473
Hang Fung Gold Technology, Ltd. 90,000 0
Harbour Centre Development, Ltd. 46,000 66,386
HKR International, Ltd. 75,200 32,609
Hong Kong Ferry Holdings Company 29,000 27,628
Hongkong Chinese, Ltd. 4,000 691
Hung Hing Printing Group, Ltd. 82,000 12,884
I.T, Ltd. 80,601 34,078
Imagi International Holdings, Ltd. (I) 106,250 1,424
K Wah International Holdings, Ltd. 161,338 76,519

 

219

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

International Small Company Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Hong Kong (continued)    
King Stone Energy Group, Ltd. (I) 61,000 $ 4,089
Lee & Man Chemical Company, Ltd. 42,000 19,544
Lippo China Resources, Ltd. 36,000 972
Liu Chong Hing Investment 16,000 15,523
Media Chinese International, Ltd. 110,000 51,070
Melco International Development, Ltd. 9,000 8,003
Midland Holdings, Ltd. 48,000 28,442
Mongolia Energy Company, Ltd. (I) 122,000 5,032
Natural Beauty Bio-Technology, Ltd. 20,000 2,316
Neo-Neon Holdings, Ltd. (I) 39,500 8,888
New Times Energy Corp., Ltd. (I) 26,300 3,221
NewOcean Energy Holdings, Ltd. 34,000 9,897
Norstar Founders Group, Ltd. (I) 244,000 0
Pacific Andes International Holdings, Ltd. 218,671 10,967
Pacific Basin Shipping, Ltd. 105,000 47,776
Pacific Textile Holdings, Ltd. 77,000 49,639
Paliburg Holdings, Ltd. 46,000 14,872
Peace Mark Holdings, Ltd. (I) 164,000 0
Pearl Oriental Oil, Ltd. (I) 186,000 16,516
Pico Far East Holdings, Ltd. 100,000 23,721
Playmates Holdings, Ltd. 31,800 18,204
PNG Resources Holdings, Ltd. (I) 888,000 11,770
Polytec Asset Holdings, Ltd. 150,000 14,456
PYI Corp., Ltd. 372,000 8,444
Regal Hotels International Holdings, Ltd. 56,000 24,086
SEA Holdings, Ltd. 4,000 2,823
Shun Tak Holdings, Ltd. 52,250 20,151
Sing Tao News Corp., Ltd. 108,000 14,280
Singamas Container Holdings, Ltd. 158,000 38,528
Sino-Tech International Holdings, Ltd. (I) 440,000 4,029
SOCAM Development, Ltd. 16,674 15,768
Solomon Systech International, Ltd. (I) 254,000 6,868
South China (China), Ltd. (I) 256,000 18,158
Sun Hung Kai & Company, Ltd. 13,000 6,721
TAI Cheung Holdings, Ltd. 59,000 43,388
Titan Petrochemicals Group, Ltd. 500,000 15,863
Transport International Holdings, Ltd. 19,200 38,086
United Power Investment, Ltd. 784,000 5,563
Upbest Group, Ltd. 148,000 15,842
Victory City International Holdings, Ltd. 102,990 10,353
Vitasoy International Holdings, Ltd. 102,000 88,670
VST Holdings Company, Ltd. 96,000 17,510
Wai Kee Holdings, Ltd. 68,000 12,453
Wing Tai Properties, Ltd. 102,000 67,593
YGM Trading, Ltd. 11,000 24,561
Yugang International, Ltd. (I) 312,000 2,014
 
    1,934,679
Ireland - 1.4%    
Aer Lingus Group PLC 15,850 21,041
Beazley PLC 57,792 156,903
C&C Group PLC 31,161 148,268
DCC PLC 6,369 183,507
FBD Holdings PLC 1,839 23,324
Glanbia PLC (Dublin Exchange) 11,290 100,101
Grafton Group PLC 18,960 82,514
Greencore Group PLC 24,808 32,074
Henderson Group PLC 72,524 125,926
IFG Group PLC 10,694 19,374
Independent News & Media PLC (I) 11,035 1,961
Irish Continental Group PLC 1,120 25,715
Kingspan Group PLC 10,256 104,910
Smurfit Kappa Group PLC 10,583 106,734
UBM PLC 12,014 136,392

 

International Small Company Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Ireland (continued)    
United Drug PLC 20,187 $ 76,507
 
    1,345,251
Isle of Man - 0.0%    
Hansard Global PLC 6,816 10,703
Israel - 0.5%    
Africa Israel Investments, Ltd. (I) 4,764 8,545
Ceragon Networks, Ltd. 220 1,247
Clal Biotechnology Industries, Ltd. 3,326 9,300
Clal Industries & Investments, Ltd. 6,262 20,072
Clal Insurance Enterprise Holdings, Ltd. 2,775 30,490
Delek Automotive Systems, Ltd. 2,309 14,119
Delek Group, Ltd. 39 6,514
Electra Israel, Ltd. 37 2,785
First International Bank of Israel, Ltd. 3,533 41,507
Frutarom Industries, Ltd. 2,382 23,427
Gilat Satellite Networks, Ltd. 900 3,493
Given Imaging, Ltd. 792 11,580
Hadera Paper, Ltd. 244 8,908
Harel Insurance Investments &    
Financial Services, Ltd. 685 20,642
Hot Telecommunication System, Ltd. 788 7,425
Israel Discount Bank, Ltd. 638 762
Ituran Location & Control, Ltd. 1,195 14,031
Jerusalem Oil Exploration 308 4,795
Kamada, Ltd. 929 6,253
Matrix IT, Ltd. 173 687
Melisron, Ltd. 35 584
Menorah Mivtachim Holdings, Ltd. 1,766 11,577
Oil Refineries, Ltd. 10,550 4,274
Ormat Industries, Ltd. 7,009 33,812
Osem Investments, Ltd. 513 7,060
Paz Oil Company, Ltd. 378 45,187
Rami Levi Chain Stores Hashikma    
Marketing 2006, Ltd. 711 21,751
Retalix, Ltd. 1,025 21,348
Shikun & Binui, Ltd. 11,140 17,357
Shufersal, Ltd. 9,143 22,177
Strauss Group, Ltd. 2,935 31,356
The Phoenix Holdings, Ltd. 2,821 5,115
 
    458,180
Italy - 2.6%    
ACEA SpA 8,580 51,550
Aedes SpA (I) 75,645 7,090
Aeroporto di Venezia Marco Polo SpA 841 7,473
Amplifon SpA 9,264 39,461
Ansaldo STS SpA 8,748 71,763
Astaldi SpA 4,499 29,269
Autogrill SpA 4,059 38,676
Azimut Holding SpA 15,042 173,826
Banca Generali SpA 1,570 21,055
Banca Monte dei Paschi di Siena SpA (I)(L) 7,851 2,271
Banca Popolare dell’Emilia Romagna SCRL 9,364 50,635
Banca Popolare dell’Etruria e del Lazio SpA 7,405 10,246
Banca Popolare di Milano SpA 205,710 108,495
Banca Popolare di Sondrio SCRL 10,227 60,323
Biesse SpA 3,189 11,710
Brembo SpA 2,573 26,056
Buzzi Unicem SpA 4,611 51,229
Caltagirone SpA 2,499 3,613
Cementir SpA 9,230 18,446
CIR-Compagnie Industriali Riunite SpA 58,400 66,184
Credito Emiliano SpA 9,474 44,034
Danieli & C Officine Meccaniche SpA 2,311 57,989

 

220

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

International Small Company Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Italy (continued)    
De Longhi SpA 149 $ 1,745
DeA Capital SpA 4,665 7,617
DiaSorin SpA 2,304 80,391
Ei Towers SpA 1,816 45,496
Engineering Ingegneria Informatica SpA 449 14,189
ERG SpA 6,865 49,704
Esprinet SpA 3,554 14,705
Eurotech SpA 1,562 2,401
Falck Renewables SpA 20,060 25,062
Finmeccanica SpA (I) 14,821 70,648
Fondiaria-SAI SpA (I) 11,892 16,300
Gemina SpA 54,600 53,348
Geox SpA 8,390 22,235
Gruppo Editoriale L’Espresso SpA 35,685 37,088
Hera SpA 58,891 94,940
IMMSI SpA 24,591 12,436
Impregilo SpA 36,254 147,766
Indesit Company SpA 2,066 10,302
Interpump SpA 6,839 50,849
Iren SpA 34,401 19,758
Italcementi SpA 5,020 26,517
Italmobiliare SpA (I) 827 15,331
Juventus Football Club SpA 23,150 6,630
KME Group SpA 27,631 12,183
Landi Renzo SpA 3,939 7,354
Maire Tecnimont SpA (I) 12,753 10,827
Marcolin SpA 1,528 8,675
MARR SpA 2,608 25,128
Mediaset SpA 14,664 27,638
Mediolanum SpA 722 3,117
Milano Assicurazioni SpA (I) 24,455 10,658
Mondadori (Arnoldo) Editore SpA (I) 12,613 16,138
Piaggio & C SpA 17,916 40,792
Piccolo Credito Valtellinese Scarl 22,689 37,259
Prelios SpA (I) 44,428 5,530
Premafin Finanziaria SpA (I) 12,050 2,574
Recordati SpA 11,787 83,873
Safilo Group SpA (I) 1,868 14,272
Saras SpA (I) 17,735 22,525
Seat Pagine Gialle SpA (I) 131,159 1,419
Societa Iniziative Autostradali e Servizi SpA 5,263 42,348
Societa’ Cattolica di Assicurazioni SCRL 4,776 74,204
Sogefi SpA 3,551 9,029
SOL SpA 2,802 15,857
Sorin SpA 28,116 63,734
Telecom Italia Media SpA (I) 73,686 17,276
Tod’s SpA 143 15,495
Trevi Finanziaria SpA 4,195 27,148
Unipol Gruppo Finanziario SpA (I) 12,240 29,742
Vittoria Assicurazioni SpA 2,112 12,639
Yoox SpA 3,137 40,125
Zignago Vetro SpA 1,669 9,884
 
    2,464,295
Japan - 24.2%    
Accordia Golf Company, Ltd. 79 50,443
Achilles Corp. 18,000 24,351
ADEKA Corp. 8,700 65,407
Aderans Company, Ltd. (I) 3,000 40,816
Advan Company, Ltd. 1,800 18,670
Aeon Delight Company, Ltd. 2,100 46,167
Ahresty Corp. 2,300 10,391
AI Holdings Corp. 3,400 22,036
Aica Kogyo Company, Ltd. 5,200 88,815
Aichi Bank, Ltd. 900 52,045

 

International Small Company Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Japan (continued)    
Aichi Corp. 3,200 $ 13,875
Aichi Steel Corp. 10,000 40,421
Aida Engineering, Ltd. 7,500 49,743
Aiphone Company, Ltd. 1,300 26,961
Airport Facilities Company, Ltd. 2,900 13,281
Aisan Industry Company, Ltd. 2,500 19,710
Akebono Brake Industry Company, Ltd. (L) 4,200 18,662
Akita Bank, Ltd. 15,000 44,724
Alpen Company, Ltd. 1,700 31,945
Alpha Systems, Inc. 840 10,949
Alpine Electronics, Inc. 3,300 30,717
Amano Corp. 6,100 52,307
Amiyaki Tei Company., Ltd. 5 12,373
Ando Corp. 3,000 3,139
AOC Holdings, Inc. 4,400 12,684
AOKI Holdings, Inc. 2,000 43,253
Aomori Bank, Ltd. 23,000 72,210
Aoyama Trading Company, Ltd. 5,100 97,469
Arakawa Chemical Industries, Ltd. 1,900 15,340
Arc Land Sakamoto Company, Ltd. 1,200 17,820
Arcs Company, Ltd. 3,125 72,380
Ariake Japan Company, Ltd. 1,900 42,626
Arisawa Manufacturing Company, Ltd. 3,300 7,681
Arnest One Corp. 3,000 46,112
As One Corp. 1,400 31,347
Asahi Company, Ltd. (L) 1,500 25,482
Asahi Diamond Industrial Company, Ltd. 5,000 55,474
Asahi Holdings, Inc. 1,800 30,067
Asahi Organic Chemicals    
Industry Company, Ltd. 6,000 14,347
ASATSU-DK, Inc. 2,300 58,848
ASKA Pharmaceutical Company, Ltd. 3,000 15,706
ASKUL Corp. 2,100 34,123
Atom Corp. (L) 5,100 25,455
Atsugi Company, Ltd. 19,000 21,824
Avex Group Holdings, Inc. 3,400 69,799
Bando Chemical Industries, Ltd. 8,000 27,764
Bank of Iwate, Ltd. 1,400 67,203
Bank of Nagoya, Ltd. 17,000 59,655
Bank of Okinawa, Ltd. 2,100 92,393
Bank of Saga, Ltd. 15,000 36,316
Bank of the Ryukyus, Ltd. 4,800 62,532
Belc Company, Ltd. 1,400 21,234
BIC Camera, Inc. (L) 33 16,729
BML, Inc. 1,200 31,350
Bookoff Corp. 1,400 11,963
Bunka Shutter Company, Ltd. 5,000 22,543
CAC Corp. 1,500 12,936
Can Do Company, Ltd. 16 21,544
Canon Electronics, Inc. 1,700 37,428
Cawachi, Ltd. 2,000 41,657
Central Glass Company, Ltd. 19,000 55,998
Chi Group Company, Ltd. 2,700 7,754
Chino Corp. 2,000 5,097
Chiyoda Company, Ltd. 2,600 71,412
Chiyoda Integre Company, Ltd. 1,400 14,868
Chofu Seisakusho Company, Ltd. 2,100 50,576
Chori Company, Ltd. 1,700 19,455
Chubu Shiryo Company, Ltd. 2,000 13,450
Chudenko Corp. 2,600 24,199
Chuetsu Pulp & Paper Company, Ltd. 10,000 17,433
Chugai Mining Company, Ltd. (I) 34,900 6,685
Chugai Ro Company, Ltd. 5,000 13,526
Chugoku Marine Paints, Ltd. 6,000 28,626
Chukyo Bank, Ltd. 9,000 19,598

 

221

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

International Small Company Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Japan (continued)    
Chuo Denki Kogyo Company, Ltd. 2,200 $ 8,510
CKD Corp. 5,400 30,538
Clarion Company, Ltd. (I) 5,000 7,937
Cleanup Corp. 2,100 14,412
CMK Corp. 5,400 18,454
Coca-Cola Central Japan Company, Ltd. 1,400 18,058
Cocokara Fine Holdings, Inc. 1,540 53,674
Colowide Company, Ltd. (L) 3,500 29,997
Corona Corp. 1,600 20,662
Cosel Company, Ltd. 1,200 15,975
Cybozu, Inc. 40 13,067
Dai Nippon Toryo Company, Ltd. 12,000 13,192
Dai-Dan Company, Ltd. 2,000 12,810
Daibiru Corp. 5,200 42,534
Daido Metal Company, Ltd. 4,000 29,500
Daidoh, Ltd. 2,000 12,503
Daifuku Company, Ltd. 6,500 32,420
Daihen Corp. 8,000 20,486
Daiichi Chuo Kisen Kaisha, Ltd. (I)(L) 8,000 6,239
Daiichi Jitsugyo Company, Ltd. 4,000 17,469
Daiichi Kigenso Kagaku-Kogyo Company, Ltd. 400 6,005
Daiken Corp. 9,000 21,716
Daikoku Denki Company, Ltd. 800 20,425
Daikyo, Inc. 19,000 47,598
Dainichiseika Color & Chemicals    
Manufacturing Company, Ltd. 7,000 31,027
Daio Paper Corp. 7,000 43,335
Daisan Bank, Ltd. 17,000 31,017
Daiseki Company, Ltd. 2,900 45,056
Daishi Bank, Ltd. 27,000 88,024
Daiso Company, Ltd. 7,000 19,635
Daisyo Corp. 1,300 16,774
Daiwa Industries, Ltd. 4,000 18,552
Daiwabo Holdings Company, Ltd. 17,000 32,004
DCM Japan Holdings Company, Ltd. 7,700 51,289
Denki Kogyo Company, Ltd. 7,000 30,768
Denyo Company, Ltd. 1,700 18,768
Descente, Ltd. 4,000 23,801
Doshisha Company, Ltd. 1,200 34,846
Doutor Nichires Holdings Company, Ltd. 2,900 36,447
Dr. Ci:Labo Company, Ltd. (L) 15 50,561
DTS Corp. 1,700 23,133
Dunlop Sports Company, Ltd. 1,300 16,631
Duskin Company, Ltd. 6,000 120,821
Dwango Company, Ltd. 7 10,570
Dydo Drinco, Inc. 1,200 54,425
Eagle Industry Company, Ltd. 2,000 12,702
Earth Chemical Company, Ltd. 1,500 56,483
EDION Corp. 6,100 26,954
Ehime Bank, Ltd. 18,000 47,966
Eighteenth Bank, Ltd. 20,000 52,976
Eiken Chemical Company, Ltd. 1,400 19,191
Eizo Nanao Corp. 1,500 26,593
Elematec Corp. 700 9,646
Enplas Corp. 1,200 41,149
EPS Company, Ltd. 14 39,937
Espec Corp. 1,600 13,464
F&A Aqua Holdings, Inc. 2,400 24,660
Fancl Corp. 2,600 30,492
FCC Company, Ltd. 2,800 44,998
FDK Corp. (I) 9,000 7,836
Felissimo Corp. 800 10,515
Foster Electric Company, Ltd. 2,100 32,179
France Bed Holdings Company, Ltd. 11,000 23,668
Fuji Company, Ltd. 2,100 47,280

 

International Small Company Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Japan (continued)    
Fuji Corp., Ltd. 100 $ 550
Fuji Electronics Company, Ltd. 1,600 21,962
Fuji Kyuko Company, Ltd. (L) 5,000 31,944
Fuji Oil Company, Ltd. 5,800 80,914
Fuji Seal International, Inc. 1,700 35,206
Fuji Soft, Inc. 1,800 37,511
Fujibo Holdings, Inc. 7,000 25,123
Fujicco Company, Ltd. 2,000 26,803
Fujikura Kasei Company, Ltd. 2,000 8,581
Fujimi, Inc. 1,200 17,705
Fujimori Kogyo Company, Ltd. 1,600 35,554
Fujita Kanko, Inc. 7,000 23,718
Fujitec Company, Ltd. 5,000 29,219
Fujitsu General, Ltd. 6,000 53,163
Fujiya Company, Ltd. (I) 6,000 14,991
Fukui Bank, Ltd. 23,000 56,383
Fukushima Bank, Ltd. 21,000 12,909
Funai Consulting Company, Ltd. 3,300 22,274
Funai Electric Company, Ltd. 2,600 36,651
Furukawa Company, Ltd. (I) 27,000 24,893
Furukawa-Sky Aluminum Corp. 9,000 22,997
Fuso Pharmaceutical Industries, Ltd. 5,000 17,037
Futaba Corp. 2,900 37,372
Futaba Industrial Company, Ltd. 3,400 13,757
Future System Consulting Corp. 2 767
Fuyo General Lease Company, Ltd. 1,700 49,709
Gakken Company, Ltd. 4,000 10,436
Geo Corp. 39 44,665
GLOBERIDE, Inc. 10,000 11,657
GMO Internet, Inc. 3,800 25,791
Godo Steel, Ltd. 16,000 26,426
Goldcrest Company, Ltd. 2,190 33,698
Goldwin, Inc. (L) 5,000 30,304
Gulliver International Company, Ltd. 550 15,712
Gun-Ei Chemical Industry Company, Ltd. 4,000 10,326
Gunze, Ltd. 13,000 33,360
Hakuto Company, Ltd. 1,300 11,925
Hamakyorex Company, Ltd. 500 15,680
Hanwa Company, Ltd. 14,000 48,586
Harashin Narus Holdings Company, Ltd. 1,300 24,345
Harima Chemicals, Inc. 2,000 9,528
Heiwa Real Estate Company, Ltd. 3,500 40,282
Heiwado Company, Ltd. 2,000 29,048
Hibiya Engineering, Ltd. 2,400 31,239
Hiday Hidaka Corp. 1,320 21,685
Higashi-Nippon Bank, Ltd. 17,000 37,211
Higo Bank, Ltd. 4,000 24,337
Hioki Ee Corp. 500 8,643
HIS Company, Ltd. 1,800 56,507
Hisaka Works, Ltd. 2,000 13,794
Hitachi Cable, Ltd. 13,000 17,447
Hitachi Koki Company, Ltd. 5,700 43,428
Hitachi Kokusai Electric, Inc. 3,000 19,864
Hitachi Medical Corp. 2,000 23,767
Hitachi Tool Engineering, Ltd. 2,200 19,438
Hitachi Zosen Corp. 47,000 54,105
Hochiki Corp. 3,000 15,650
Hodogaya Chemical Company, Ltd. 7,000 14,569
Hogy Medical Company, Ltd. 1,200 64,404
Hokkaido Gas Company, Ltd. 3,000 9,224
Hokkan Holdings, Ltd. 5,000 14,971
Hokuetsu Bank, Ltd. 21,000 42,715
Hokuetsu Paper Mills, Ltd. 9,500 47,081
Hokuto Corp. 1,600 33,817
Honeys Company, Ltd. 1,350 20,706

 

222

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

International Small Company Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Japan (continued)    
Horiba, Ltd. 2,500 $ 73,502
Hosiden Corp. 6,500 36,016
Hosokawa Micron Corp. 3,000 16,510
Hyakujushi Bank, Ltd. 21,000 84,456
IBJ Leasing Company, Ltd. 1,900 47,256
Ichibanya Company, Ltd. 600 19,029
Ichikoh Industries, Ltd. (I) 4,000 6,136
Ichiyoshi Securities Company, Ltd. 4,000 19,917
ICOM, Inc. 1,000 24,162
IDEC Corp. 2,500 21,711
Ihara Chemical Industry Company, Ltd. 5,000 25,468
Iino Kaiun Kaisha, Ltd. 5,200 17,811
Ikegami Tsushinki Company, Ltd. (I) 4,000 2,459
Imasen Electric Industrial (L) 1,700 21,445
Imperial Hotel, Ltd. 900 24,266
Inaba Denki Sangyo Company, Ltd. 1,600 45,652
Inaba Seisakusho Company, Ltd. 700 8,888
Inabata & Company, Ltd. 5,100 33,050
Inageya Company, Ltd. 4,400 54,504
Ines Corp. 2,700 16,509
Intage, Inc. 800 17,066
Internet Initiative Japan, Inc. 2,400 65,300
Inui Steamship Company, Ltd. 2,500 6,175
Iseki & Company, Ltd. 12,000 29,042
Ishihara Sangyo Kaisha, Ltd. (I) 32,000 24,585
IT Holdings Corp. 6,500 84,249
ITC Networks Corp. 3,200 24,079
Itochu Enex Company, Ltd. 5,900 31,415
Itochu-Shokuhin Company, Ltd. 600 22,371
Itoham Foods, Inc. 12,000 52,582
Iwatani International Corp. 11,000 39,884
Izumiya Company, Ltd. 9,000 45,776
J-Oil Mills, Inc. 9,000 25,020
Jalux, Inc. 1,300 14,408
Japan Aviation Electronics Industry, Ltd. 4,000 33,601
Japan Cash Machine Company, Ltd. 1,600 14,821
Japan Digital Laboratory Company, Ltd. 2,200 23,825
Japan Pulp & Paper Company, Ltd. 6,000 20,162
Japan Pure Chemical Company, Ltd. 4 9,788
Japan Transcity Corp., Ltd. 5,000 18,192
Japan Wool Textile Company, Ltd. 8,000 59,734
Jastec Company, Ltd. 400 2,702
JBCC Holdings, Inc. 1,900 13,166
Jeol, Ltd. 6,000 13,448
JFE Shoji Trade Corp. 11,000 40,031
JMS Company, Ltd. 1,000 3,294
Joshin Denki Company, Ltd. 3,000 35,406
JSP Corp. 2,600 38,165
Juki Corp. (L) 10,000 12,674
JVC Kenwood Corp. 9,070 32,395
kabu.com Securities Company, Ltd. 5,800 16,858
Kadokawa Holdings, Inc. (L) 2,000 59,158
Kaga Electronics Company, Ltd. 2,700 26,131
Kameda Seika Company, Ltd. (L) 1,800 45,154
Kamei Corp. 2,000 19,387
Kanamoto Company, Ltd. 3,000 34,791
Kandenko Company, Ltd. 7,000 33,416
Kanematsu Corp. (I) 40,000 46,610
Kanematsu Electronics, Ltd. 1,300 14,522
Kanto Denka Kogyo Company, Ltd. 4,000 6,402
Kanto Natural Gas Development, Ltd. 3,000 16,410
Kappa Create Company, Ltd. 1,200 27,413
Kasumi Company, Ltd. 4,200 27,927
Katakura Industries Company, Ltd. 2,100 19,559
Kato Sangyo Company, Ltd. 2,700 51,860

 

International Small Company Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Japan (continued)    
Kawai Musical Instruments    
Manufacturing Company, Ltd. 6,000 $ 13,639
Keiyo Company, Ltd. (L) 3,600 20,759
Kenedix, Inc. (I) 152 17,683
KEY Coffee, Inc. 1,000 19,550
Kimoto Company, Ltd. 1,500 7,904
Kimura Chemical Plants Company, Ltd. 1,600 5,384
Kinki Sharyo Company, Ltd. 3,000 9,682
Kintetsu World Express, Inc. 1,300 41,592
Kinugawa Rubber Industrial Company, Ltd. 6,000 31,577
Kisoji Company, Ltd. 2,000 42,167
Kissei Pharmaceutical Company, Ltd. 3,000 53,536
Kita-Nippon Bank, Ltd. 700 20,541
Kitz Corp. 10,000 42,899
Kiyo Holdings, Inc. 53,000 76,696
Koa Corp. 3,300 28,064
Koatsu Gas Kogyo Company, Ltd. 3,000 17,102
Kohnan Shoji Company, Ltd. (L) 2,800 33,069
Kohsoku Corp. 1,700 15,269
Kojima Company, Ltd. 3,000 8,147
Kokuyo Company, Ltd. 8,300 67,241
Komatsu Seiren Company, Ltd. 2,000 9,725
Komatsu Wall Industry Company, Ltd. 1,000 12,994
Komori Corp. 6,300 31,959
Konishi Company, Ltd. 1,700 26,068
Kose Corp. 1,500 34,955
Kourakuen Corp. 1,200 18,232
KRS Corp. 900 10,205
Kumagai Gumi Company, Ltd. (I) 17,000 15,215
Kumiai Chemical Industry Company, Ltd. (L) 4,000 20,220
Kura Corp. 800 11,567
Kurabo Industries, Ltd. 22,000 36,068
Kureha Corp. 14,000 55,603
Kurimoto, Ltd. 10,000 34,450
Kuroda Electric Company, Ltd. 3,100 37,546
Kyodo Printing Company, Ltd. 8,000 18,588
Kyodo Shiryo Company, Ltd. 8,000 9,463
Kyoei Steel, Ltd. 1,100 19,349
Kyokuto Securities Company, Ltd. 3,000 21,745
Kyokuyo Company, Ltd. 9,000 19,951
Kyoritsu Maintenance Company, Ltd. 1,200 26,533
Kyosan Electric Manufacturing Company, Ltd. 6,000 20,555
Kyowa Exeo Corp. 6,700 79,119
Kyudenko Corp. 4,000 19,640
Laox Company, Ltd. (I)(L) 21,000 6,701
LEC, Inc. 700 9,220
Leopalace21 Corp. (I)(L) 15,500 46,636
Life Corp. 2,700 42,363
Macnica, Inc. 1,300 27,071
Maeda Corp. 10,000 47,291
Maeda Road Construction Company, Ltd. 5,000 65,090
Maezawa Kasei Industries Company, Ltd. 1,100 12,396
Maezawa Kyuso Industries Company, Ltd. 1,500 21,086
Makino Milling Machine Company, Ltd. 8,000 36,039
Mandom Corp. 1,400 36,627
Mars Engineering Corp. 700 18,330
Marubun Corp. 2,600 11,092
Marudai Food Company, Ltd. 12,000 44,426
Maruetsu, Inc. 6,000 20,802
Maruha Nichiro Holdings, Inc. 27,385 44,057
Marusan Securities Company, Ltd. 7,800 23,170
Maruwa Company, Ltd. 900 28,662
Maruzen Showa Unyu Company, Ltd. 6,000 19,826
Matsuda Sangyo Company, Ltd. 1,400 19,894
Matsuya Company, Ltd. (I) 2,300 25,685

 

223

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

International Small Company Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Japan (continued)    
Matsuya Foods Company, Ltd. 700 $ 13,100
Max Company, Ltd. 5,000 58,796
Maxvalu Tokai Company, Ltd. 900 12,957
Megachips Corp. 1,800 39,767
Megane TOP Company, Ltd. 3,600 41,563
Megmilk Snow Brand Company, Ltd. 4,600 81,494
Meidensha Corp. 17,000 58,228
Meiji Shipping Company, Ltd. 2,900 10,770
Meiko Network Japan Company, Ltd. 3,000 31,120
Meitec Corp. 3,100 70,490
Meito Sangyo Company, Ltd. 900 12,210
Melco Holdings, Inc. 1,200 23,185
Michinoku Bank, Ltd. 14,000 28,319
Mikuni Coca-Cola Bottling Company, Ltd. 3,300 28,910
Milbon Company, Ltd. 880 29,479
Mimasu Semiconductor Industry Company, Ltd. 1,400 10,670
Minato Bank, Ltd. 16,000 31,148
Ministop Company, Ltd. 1,800 29,979
Mirait Holdings Corp. 5,440 43,795
Misawa Homes Company, Ltd. 3,600 54,535
Mitsuba Corp. 4,000 26,607
Mitsubishi Kakoki Kaisha, Ltd. 7,000 11,383
Mitsubishi Paper Mills, Ltd. 37,000 31,640
Mitsubishi Pencil Company, Ltd. 2,400 45,224
Mitsubishi Steel Manufacturing Company, Ltd. 10,000 18,180
Mitsuboshi Belting Company, Ltd. 6,000 35,044
Mitsui High-Tec, Inc. 2,200 15,180
Mitsui Home Company, Ltd. 3,000 15,628
Mitsui Knowledge Industry Company, Ltd. 90 15,376
Mitsui Matsushima Company, Ltd. 10,000 14,086
Mitsui Sugar Company, Ltd. 8,000 26,647
Mitsui-Soko Company, Ltd. 9,000 30,402
Mitsuuroko Holdings Company, Ltd. 3,200 24,314
Miura Company, Ltd. 2,600 62,943
Miyazaki Bank, Ltd. 14,000 38,254
Miyoshi Oil & Fat Company, Ltd. 9,000 11,118
Mizuno Corp. 7,000 35,055
Mochida Pharmaceutical Company, Ltd. 6,000 74,244
Modec, Inc. 1,100 21,636
Monex Group, Inc. 78 12,712
Mori Seiki Company, Ltd. 7,900 50,058
Morinaga & Company, Ltd. 14,000 32,272
Morinaga Milk Industry Company, Ltd. 14,000 47,718
Morita Corp. 3,000 22,833
MOS Food Services, Inc. 1,800 35,607
Moshi Moshi Hotline, Inc. 4,400 63,699
Mr. Max Corp. 3,200 12,841
Musashi Seimitsu Industry Company, Ltd. 1,800 32,779
Musashino Bank, Ltd. 3,800 116,902
Nachi-Fujikoshi Corp. 11,000 31,822
Nagaileben Company, Ltd. 1,800 28,405
Nagano Bank, Ltd. 8,000 15,793
Nagatanien Company, Ltd. 2,000 20,174
Nakamuraya Company, Ltd. 3,000 15,859
Nakayama Steel Works, Ltd. (I) 11,000 5,550
NEC Fielding, Ltd. 1,200 14,666
NEC Leasing, Ltd. 800 10,961
NEC Mobiling, Ltd. 700 27,492
NEC Networks & System Integration Corp. 2,700 45,181
NET One Systems Company, Ltd. 6,400 80,573
Neturen Company, Ltd. 3,800 23,388
Nice Holdings, Inc. 6,000 13,678
Nichias Corp. 7,000 37,388
Nichicon Corp. 4,600 31,963
Nichiden Corp. 700 19,329

 

International Small Company Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Japan (continued)    
Nichiha Corp. 2,400 $ 29,510
Nichii Gakkan Company, Ltd. 3,200 30,782
Nichireki Company, Ltd. 3,000 15,383
Nidec Copal Corp. 1,200 9,601
Nifco, Inc. 2,700 62,342
Nihon Chouzai Company, Ltd. 180 4,743
Nihon Dempa Kogyo Company, Ltd. 1,800 20,112
Nihon Kagaku Sangyo Company, Ltd. 1,000 6,407
Nihon M&A Center, Inc. 800 23,193
Nihon Nohyaku Company, Ltd. 4,000 19,292
Nihon Parkerizing Company, Ltd. 4,000 60,441
Nihon Shokuhin Kako Company, Ltd. 2,000 7,919
Nihon Unisys, Ltd. 5,100 36,707
Nihon Yamamura Glass Company, Ltd. 10,000 23,832
Nikkiso Company, Ltd. 6,000 73,932
Nippo Corp. 5,000 57,960
Nippon Beet Sugar    
Manufacturing Company, Ltd. 15,000 29,166
Nippon Carbon Company, Ltd. 12,000 21,975
Nippon Ceramic Company, Ltd. 2,100 26,281
Nippon Chemi-Con Corp. (I) 11,000 18,303
Nippon Chemical Industrial Company, Ltd. 7,000 8,574
Nippon Coke & Engineering Company, Ltd. 18,000 22,603
Nippon Denko Company, Ltd. 4,000 10,124
Nippon Densetsu Kogyo Company, Ltd. 5,000 48,507
Nippon Fine Chemical Company, Ltd. 1,800 12,614
Nippon Flour Mills Company, Ltd. 13,000 57,954
Nippon Formula Feed    
Manufacturing Company, Ltd. 8,000 10,451
Nippon Gas Company, Ltd. 3,000 44,996
Nippon Kanzai Company, Ltd. 700 13,803
Nippon Koei Company, Ltd. 8,000 28,526
Nippon Konpo Unyu Soko Company, Ltd. 6,000 77,689
Nippon Koshuha Steel Company, Ltd. 8,000 7,992
Nippon Light Metal Company, Ltd. 43,000 41,876
Nippon Metal Industry Company, Ltd. (I) 10,000 5,894
Nippon Road Company, Ltd. 7,000 24,830
Nippon Seiki Company, Ltd. 4,000 39,967
Nippon Sharyo, Ltd. 8,000 28,072
Nippon Shinyaku Company, Ltd. 4,000 50,937
Nippon Signal Company, Ltd. 2,700 16,604
Nippon Soda Company, Ltd. 16,000 69,039
Nippon Suisan Kaisha, Ltd. 15,600 33,571
Nippon Synthetic Chemical    
Industry Company, Ltd. 3,000 19,378
Nippon Thompson Company, Ltd. 8,000 27,043
Nippon Valqua Industries, Ltd. 8,000 21,968
Nippon Yakin Kogyo Company, Ltd. (I) 11,000 9,824
Nipro Corp. 6,800 43,445
Nishimatsu Construction Company, Ltd. 29,000 44,306
Nishimatsuya Chain Company, Ltd. 5,100 42,527
Nissen Holdings Company, Ltd. 3,100 12,906
Nisshin Fudosan Company, Ltd. 2,900 16,935
Nisshin Oillio Group, Ltd. 13,000 50,882
Nissin Corp. 8,000 21,061
Nissin Electric Company, Ltd. 2,000 11,859
Nissin Kogyo Company, Ltd. 2,100 27,330
Nissui Pharmaceutical Company, Ltd. 1,600 16,295
Nitta Corp. 2,300 36,338
Nittan Valve Company, Ltd. 1,200 3,996
Nittetsu Mining Company, Ltd. 6,000 24,676
Nitto Boseki Company, Ltd. 22,000 73,873
Nitto Kogyo Corp. 3,400 52,475
Nitto Kohki Company, Ltd. 1,000 23,633
Noevir Holdings Company, Ltd. 1,600 22,959

 

224

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

International Small Company Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Japan (continued)    
NOF Corp. 16,000 $ 77,057
Nohmi Bosai, Ltd. 2,000 12,972
Noritake Company, Ltd. 12,000 30,125
Noritsu Koki Company, Ltd. 1,900 8,471
Noritz Corp. 900 15,862
NS Solutions Corp. 1,500 31,616
NSD Company, Ltd. 3,100 30,256
Obara Group, Inc. 1,400 16,959
OBIC Business Consultants, Ltd. 650 36,823
Oenon Holdings, Inc. 6,000 15,066
Ogaki Kyoritsu Bank, Ltd. 27,000 97,534
Oiles Corp. 2,400 49,800
Oita Bank, Ltd. 12,000 39,118
Okabe Company, Ltd. 5,700 35,923
Okamoto Industries, Inc. 7,000 29,505
Okamura Corp. 7,000 53,815
Okasan Holdings, Inc. 15,000 56,082
OKI Electric Industry Company, Ltd. (I) 55,000 62,670
Okinawa Electric Power Company, Inc. 1,300 43,382
OKK Corp. 10,000 11,397
OKUMA Corp. 4,000 23,602
Okumura Corp. 12,000 39,499
Okura Industrial Company, Ltd. 4,000 9,839
Okuwa Company, Ltd. 3,000 45,418
Onoken Company, Ltd. 1,500 11,885
Onward Holdings Company, Ltd. 11,000 87,647
Optex Company, Ltd. 1,200 13,485
Organo Corp. 3,000 18,445
Origin Electric Company, Ltd. 3,000 10,834
Osaka Steel Company, Ltd. 1,400 22,852
Osaki Electric Company, Ltd. 3,000 17,749
Oyo Corp. 2,700 32,471
Pacific Industrial Company, Ltd. 5,000 27,917
Pal Company, Ltd. 550 31,520
PanaHome Corp. 7,000 40,800
Panasonic Information Systems 1,000 24,048
Paramount Bed Holdings Company, Ltd. 1,100 36,144
Parco Company, Ltd. 800 8,565
Paris Miki, Inc. 1,100 6,475
Pasona Group, Inc. 22 14,269
Penta-Ocean Construction Company, Ltd. (L) 22,500 54,133
Pigeon Corp. 1,000 45,690
Pilot Corp. 16 30,089
Piolax, Inc. 1,300 27,105
Plenus Company, Ltd. 2,400 41,664
Point, Inc. 910 32,816
Press Kogyo Company, Ltd. 7,000 27,954
Prima Meat Packers, Ltd. 16,000 29,312
Pronexus, Inc. 2,900 17,613
Rasa Industries, Ltd. (I) 4,000 3,636
Resorttrust, Inc. 2,100 39,042
Rhythm Watch Company, Ltd. 12,000 24,124
Ricoh Leasing Company, Ltd. 2,100 50,932
Riken Corp. 9,000 33,077
Riken Keiki Company, Ltd. 1,300 8,477
Riken Technos Corp. 3,000 7,926
Riken Vitamin Company, Ltd. 1,200 33,489
Ringer Hut Company, Ltd. 1,700 22,761
Riso Kyoiku Company, Ltd. 361 27,829
Rock Field Company, Ltd. 1,000 18,964
Roland Corp. 2,500 17,324
Roland D.G. Corp. 1,400 16,532
Round One Corp. 3,800 18,249
Royal Holdings Company, Ltd. 3,000 37,553
Ryobi, Ltd. 9,000 19,257

 

International Small Company Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Japan (continued)    
Ryoden Trading Company, Ltd. 4,000 $ 23,579
Ryosan Company, Ltd. 3,600 64,596
Ryoshoku, Ltd. 800 20,882
Ryoyo Electro Corp. 2,600 27,157
S Foods, Inc. 500 4,747
Saibu Gas Company, Ltd. 19,000 53,900
Saizeriya Company, Ltd. 3,000 45,069
Sakai Chemical Industry Company, Ltd. 9,000 26,402
Sakata INX Corp. 6,000 28,680
Sakata Seed Corp. 2,900 38,778
Sala Corp. 1,500 10,583
San-A Company, Ltd. 700 27,930
San-Ai Oil Company, Ltd. 5,000 22,809
Sanden Corp. 8,000 24,066
Sangetsu Company, Ltd. 3,400 93,635
Sanken Electric Company, Ltd. 12,000 37,783
Sanki Engineering Company, Ltd. 6,000 28,051
Sanko Marketing Foods Company, Ltd. 6 6,996
Sankyo Seiko Company, Ltd. 3,200 10,738
Sankyo-Tateyama Holdings, Inc. 22,000 38,694
Sankyu, Inc. 8,000 30,223
Sanoh Industrial Company, Ltd. 2,600 16,811
Sanshin Electronics Company, Ltd. 2,600 19,483
Sanwa Shutter Corp. 22,000 85,880
Sanyo Chemical Industries, Ltd. 8,000 41,232
Sanyo Denki Company, Ltd. 5,000 31,638
Sanyo Shokai, Ltd. 11,000 34,302
Sanyo Special Steel Company, Ltd. 10,000 30,543
Sasebo Heavy Industries Company, Ltd. 9,000 8,067
Sato Corp. 1,700 25,481
Satori Electric Company, Ltd. 2,000 10,992
Seika Corp. 7,000 20,667
Seikagaku Corp. 3,300 38,058
Seiko Holdings Corp. 11,000 29,551
Seiren Company, Ltd. 5,200 36,093
Sekisui Jushi Corp. 3,000 31,293
Sekisui Plastics Company, Ltd. 5,000 12,239
Senko Company, Ltd. (L) 9,000 39,086
Senshukai Company, Ltd. 4,400 28,951
Shibusawa Warehouse Company, Ltd. 5,000 14,537
Shibuya Kogyo Company, Ltd. 800 9,062
Shikibo, Ltd. 11,000 12,920
Shikoku Bank, Ltd. 15,000 38,995
Shikoku Chemicals Corp. 3,000 18,111
Shima Seiki Manufacturing, Ltd. (L) 2,300 33,143
Shimachu Company, Ltd. 3,800 79,343
Shimizu Bank, Ltd. 900 27,466
Shin Nippon Air Technologies Company, Ltd. 2,800 15,603
Shin Nippon Biomedical Laboratories, Ltd. 1,900 4,800
Shin-Etsu Polymer Company, Ltd. 3,000 11,488
Shinagawa Refractories Company, Ltd. 6,000 13,113
Shindengen Electric    
Manufacturing Company, Ltd. 5,000 10,948
Shinkawa, Ltd. 1,500 6,585
Shinko Electric Company, Ltd. 12,000 22,587
Shinko Plantech Company, Ltd. 3,300 26,769
Shinko Shoji Company, Ltd. 2,700 24,158
Shinmaywa Industries, Ltd. 9,000 45,727
Shinwa Kaiun Kaisha, Ltd. 8,000 8,399
Ship Healthcare Holdings, Inc. 2,600 82,850
Shizuoka Gas Company, Ltd. 4,500 32,973
SHO-BOND Holdings Company, Ltd. 1,200 41,891
Shochiku Company, Ltd. (L) 6,000 59,635
Showa Corp. 3,500 30,915
Showa Sangyo Company, Ltd. 7,000 23,946

 

225

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

International Small Company Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Japan (continued)    
Siix Corp. 2,200 $ 31,943
Simplex Technology, Inc. 40 13,271
Sinanen Company, Ltd. 6,000 26,998
Sintokogio, Ltd. 4,600 31,522
SMK Corp. 6,000 16,523
Sogo Medical Company, Ltd. 600 21,639
ST Corp. 1,100 12,627
St. Marc Holdings Company, Ltd. 900 33,603
Star Micronics Company, Ltd. 2,600 24,972
Starzen Company, Ltd. 6,000 17,997
Stella Chemifa Corp. 800 15,092
Sumikin Bussan Corp. 9,000 22,297
Suminoe Textile Company, Ltd. 5,000 9,447
Sumiseki Holdings, Inc. 4,400 3,813
Sumitomo Densetsu Company, Ltd. 2,100 18,453
Sumitomo Light Metal Industries, Ltd. 29,000 25,112
Sumitomo Mitsui Company, Ltd. (I) 28,700 18,004
Sumitomo Pipe & Tube Company, Ltd. 2,300 18,938
Sumitomo Seika Chemicals Company, Ltd. 4,000 14,293
Sumitomo Warehouse Company, Ltd. 16,048 73,597
SWCC Showa Holdings Company, Ltd. 24,000 18,749
T Rad Company, Ltd. 7,000 15,415
T. Hasegawa Company, Ltd. 1,600 20,479
Tachi-S Company, Ltd. 2,700 45,838
Tachibana Eletech Company, Ltd. 1,500 12,490
Tadano, Ltd. 11,000 82,880
Taihei Dengyo Kaisha, Ltd. 3,000 20,369
Taihei Kogyo Company, Ltd. 5,000 19,185
Taiho Kogyo Company, Ltd. 2,500 24,486
Taikisha, Ltd. 2,100 43,939
Taisei Lamick Company, Ltd. 600 17,870
Taiyo Holdings Company, Ltd. 1,300 36,167
Takagi Securities Company, Ltd. 7,000 7,258
Takamatsu Corp. 1,500 26,960
Takaoka Electric Manufacturing Company, Ltd. 7,000 12,019
Takara Standard Company, Ltd. 7,000 55,113
Takasago International Corp. 8,000 41,154
Takasago Thermal Engineering Company, Ltd. 5,700 46,146
Takihyo Company, Ltd. 3,000 17,091
Takiron Company, Ltd. 6,000 22,210
Takuma Company, Ltd. 6,000 30,427
Tamron Company, Ltd. 1,500 45,834
Tamura Corp. 7,000 16,512
Tatsuta Electric Wire & Cable Company, Ltd. 6,000 53,532
Tecmo Koei Holdings Company, Ltd. 2,100 17,163
Teikoku Electric Manufacturing Company, Ltd. 700 9,731
Teikoku Piston Ring Company, Ltd. 1,400 16,308
Teikoku Sen-I Company, Ltd. 2,000 15,615
Telepark Corp. 2,600 25,150
Temp Holdings Company, Ltd. (L) 2,400 29,175
Tenma Corp. 1,800 18,584
The Chiba Kogyo Bank, Ltd. (I) 3,200 17,339
The Daiei, Inc. (I) 5,650 11,993
The Hokkoku Bank, Ltd. 5,000 19,024
The Hyakugo Bank, Ltd. 20,000 89,861
The Pack Corp. 1,300 24,040
The San-in Godo Bank, Ltd. 8,000 58,149
The Yachiyo Bank, Ltd. 1,700 32,901
Tigers Polymer Corp. 1,000 3,705
TKC Corp. 1,500 30,550
TOA Corp. 22,000 35,016
Toagosei Company, Ltd. 18,000 67,776
Tobishima Corp. (I) 7,200 6,858
TOC Company, Ltd. 6,800 36,396
Tocalo Company, Ltd. 1,300 19,930

 

International Small Company Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Japan (continued)    
Tochigi Bank, Ltd. 11,000 $ 40,573
Toda Corp. 17,000 51,164
Toda Kogyo Corp. 3,000 10,581
Toei Company, Ltd. 5,000 28,117
Toenec Corp. 4,000 22,263
Toho Bank, Ltd. 18,000 61,396
Toho Company, Ltd. 3,000 11,632
Toho Real Estate Company, Ltd. 3,000 16,677
Toho Zinc Company, Ltd. 10,000 35,072
Tohoku Bank, Ltd. 4,000 5,843
Tokai Carbon Company, Ltd. 17,000 51,470
Tokai Holdings Corp. 4,000 17,572
Tokai Rubber Industries, Ltd. 2,400 22,932
Tokai Tokyo Securities Company, Ltd. 16,000 53,462
Token Corp. 810 34,267
Tokimec, Inc. 5,000 8,131
Tokushu Tokai Paper Company, Ltd. 15,000 38,231
Tokyo Dome Corp. 11,000 35,916
Tokyo Energy & Systems, Inc. 2,000 9,860
Tokyo Ohka Kogyo Company, Ltd. 3,400 72,838
Tokyo Rakutenchi Company, Ltd. 2,000 7,496
Tokyo Rope Manufacturing Company, Ltd. (L) 12,000 14,288
Tokyo Seimitsu Company, Ltd. 2,600 36,051
Tokyo Tekko Company, Ltd. 4,000 13,371
Tokyo Theatres Company, Inc. 9,000 11,705
Tokyo Tomin Bank, Ltd. 2,800 26,154
Tokyotokeiba Company, Ltd. 19,000 27,749
Tokyu Community Corp. 700 25,493
Tokyu Construction Company, Ltd. 9,910 18,512
Tokyu Livable, Inc. 1,800 23,613
Tomato Bank, Ltd. 11,000 21,332
Tomen Devices Corp. 600 13,654
Tomen Electronics Corp. 1,900 23,387
Tomoe Corp. 2,200 7,609
Tomoe Engineering Company, Ltd. 800 14,042
Tomoku Company, Ltd. 6,000 16,331
TOMONY Holdings, Inc. 15,000 66,797
Tomy Company, Ltd. 4,500 25,073
Tonami Holdings Company, Ltd. 6,000 14,368
Topcon Corp. (L) 5,900 31,725
Toppan Forms Company, Ltd. 5,600 54,154
Topre Corp. 4,300 36,396
Topy Industries, Ltd. 18,000 36,181
Toridoll Corp. 1,400 22,689
Torigoe Company, Ltd. 2,300 18,247
Torii Pharmaceutical Company, Ltd. 1,100 23,950
Torishima Pump Manufacturing Company, Ltd. 900 6,354
Toshiba Machine Company, Ltd. 8,000 30,932
Toshiba Plant Systems & Services Corp. 4,000 53,226
Toshiba TEC Corp. 9,000 39,654
Tosho Printing Company, Ltd. 6,000 9,824
Totetsu Kogyo Company, Ltd. 3,000 38,079
Tottori Bank, Ltd. 4,000 8,232
Towa Bank, Ltd. 21,000 20,299
Towa Corptowa Corp. 2,200 13,664
Towa Pharmaceutical Company, Ltd. 700 46,772
Toyo Construction Company, Ltd. 6,800 19,614
Toyo Corp. 3,200 34,712
Toyo Electric Manufacturing Company, Ltd. 3,000 9,303
Toyo Engineering Corp. 10,000 44,820
Toyo Ink Manufacturing Company, Ltd. 15,000 53,784
Toyo Kanetsu KK 10,000 20,488
Toyo Kohan Company, Ltd. 4,000 11,677
Toyo Securities Company, Ltd. 6,000 10,442
Toyo Tanso Company, Ltd. 1,000 23,855

 

226

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

International Small Company Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Japan (continued)    
Toyo Tire & Rubber Company, Ltd. 15,000 $ 37,441
Toyo Wharf & Warehouse Company, Ltd. 6,000 9,260
Toyobo Company, Ltd. 48,936 58,235
Transcosmos, Inc. 2,800 35,611
Trusco Nakayama Corp. 2,500 45,606
TS Tech Company, Ltd. 5,700 91,596
Tsi Holdings Company, Ltd. 9,970 65,616
Tsubakimoto Chain Company, Ltd. 8,000 46,305
Tsugami Corp. 6,000 36,861
Tsukishima Kikai Company, Ltd. 2,000 17,270
Tsukuba Bank, Ltd. 5,700 19,932
Tsurumi Manufacturing Company, Ltd. 2,000 14,556
Tsutsumi Jewelry Company, Ltd. 1,100 26,741
U-Shin, Ltd. 2,300 11,347
Ube Material Industries, Ltd. 5,000 11,620
Uchida Yoko Company, Ltd. 4,000 11,344
ULVAC, Inc. 2,900 21,897
Uniden Corp. 9,000 19,015
Union Tool Company, Ltd. 1,500 23,720
Unipres Corp. 2,600 57,566
United Arrows, Ltd. 2,400 64,102
Unitika, Ltd. (I) 45,000 21,935
Valor Company, Ltd. 4,000 66,408
Vital KSK Holdings, Inc. 3,900 39,383
Wacom Company, Ltd. 48 115,753
Wakachiku Construction Company, Ltd. (I) 17,000 15,669
Warabeya Nichiyo Company, Ltd. 1,900 32,871
Watabe Wedding Corp. 1,100 9,358
WATAMI Company, Ltd. 2,300 52,129
Xebio Company, Ltd. 1,500 31,184
Yahagi Construction Company, Ltd. 2,000 8,041
Yaizu Suisankagaku Industry Company, Ltd. 1,100 10,584
Yamabiko Corp. 900 11,411
Yamagata Bank, Ltd. 16,000 74,572
Yamanashi Chuo Bank, Ltd. 13,000 55,283
Yamatane Corp. 11,000 14,556
Yamazen Corp. 5,700 36,425
Yaoko Company, Ltd. 300 11,549
Yasuda Warehouse Company, Ltd. 2,900 19,874
Yellow Hat, Ltd. 2,200 30,367
Yodogawa Steel Works, Ltd. 10,000 33,682
Yokogawa Bridge Corp. 3,000 21,862
Yokohama Reito Company, Ltd. 4,000 29,360
Yokowo Company, Ltd. 2,000 10,784
Yomeishu Seizo Company, Ltd. 1,000 9,519
Yomiuri Land Company, Ltd. 3,000 9,980
Yondenko Corp. 3,000 11,425
Yonekyu Corp. 2,000 17,245
Yorozu Corp. 800 12,506
Yoshinoya Holdings Conpany, Ltd. 37 47,510
Yuasa Trading Company, Ltd. 21,000 36,572
Yuki Gosei Kogyo Co., Ltd. 3,000 7,932
Yurtec Corp. 4,000 13,189
Yusen Logistics Company, Ltd. 1,200 10,927
Yushin Precision Equipment Company, Ltd. 1,100 19,517
Yushiro Chemical Industry Company, Ltd. 1,100 11,019
Zenrin Company, Ltd. 2,100 28,029
Zeria Pharmaceutical Company, Ltd. 2,000 36,300
Zuken, Inc. 2,100 14,402
 
    22,951,535
Jersey, C.I. - 0.2%    
Atrium European Real Estate, Ltd. 375 1,962
Centamin PLC 88,755 132,980

 

International Small Company Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Jersey, C.I. (continued)    
Heritage Oil, Ltd. 9,831 $ 30,771
 
    165,713
Liechtenstein - 0.1%    
Liechtensteinische Landesbank AG 1,361 48,854
Verwaltungs & Privat Bank AG 492 38,979
 
    87,833
Luxembourg - 0.3%    
APERAM 697 11,295
Eurofins Scientific 895 127,173
GAGFAH SA (I) 1,693 17,258
Oriflame Cosmetics SA SDR 1,798 61,654
Regus PLC 66,614 109,693
 
    327,073
Malta - 0.0%    
Angler Gaming PLC 2,976 960
Unibet Group PLC 1,362 38,188
 
    39,148
Netherlands - 1.8%    
Aalberts Industries NV 9,501 171,100
Accell Group 1,666 27,522
AMG Advanced Metallurgical Group NV 3,085 23,720
Amsterdam Commodities NV 1,057 18,328
Arcadis NV (L) 6,428 136,177
ASM International NV 5,593 188,506
Beter Bed Holding NV 1,056 20,509
BinckBank NV 4,478 32,998
Brunel International NV 825 36,122
CSM NV 5,756 102,702
Dockwise, Ltd. 1,556 27,012
Exact Holdings NV 467 10,322
Grontmij (I) 5,995 19,197
Heijmans NV 2,023 16,634
InnoConcepts NV (I) 10,527 135
KAS Bank NV 330 3,287
Kendrion NV 212 4,439
Koninklijke BAM Groep NV 24,510 75,158
Koninklijke Ten Cate NV 3,799 87,615
Koninklijke Wessanen NV 2,054 5,485
LBI International NV 4,728 17,358
Macintosh Retail Group NV 454 5,066
Mediq NV 6,112 101,390
Nutreco Holding NV 2,973 220,529
Ordina NV (I) 5,537 7,269
PostNL NV 3,608 12,601
Sligro Food Group NV 2,169 53,893
SNS REAAL NV (I) 16,603 24,827
Telegraaf Media Groep NV (L) 4,601 44,665
TKH Group NV 2,328 48,687
TomTom NV 15,548 70,333
Unit 4 Agresso NV 1,920 51,874
USG People NV 6,577 49,975
 
    1,715,435
New Zealand - 1.0%    
Air New Zealand, Ltd. 19,995 19,205
Chorus, Ltd. 1,695 4,555
Fisher & Paykel    
Appliances Holdings, Ltd. (I)(L) 73,602 72,968
Fisher & Paykel Healthcare Corp. 28,953 55,137
Freightways, Ltd. 8,921 30,951
Infratil, Ltd. 66,634 119,397
Mainfreight, Ltd. 7,268 61,089

 

227

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

International Small Company Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
New Zealand (continued)    
New Zealand Oil & Gas, Ltd. 47,702 $ 32,783
New Zealand Refining Company, Ltd. 19,629 44,338
Nuplex Industries, Ltd. 45,906 109,523
PGG Wrightson, Ltd. (I) 8,197 2,377
Pike River Coal Company, Ltd. 21,968 0
Port of Tauranga, Ltd. 5,763 60,580
Pumpkin Patch, Ltd. (I) 7,395 7,089
Ryman Healthcare, Ltd. 14,826 50,326
Sky Network Television, Ltd. 12,878 54,378
SKYCITY Entertainment Group, Ltd. 43,129 134,954
Tower, Ltd. 20,665 30,970
Warehouse Group, Ltd. 4,936 12,023
 
    902,643
Norway - 1.0%    
Acta Holding ASA (I) 24,000 6,297
Algeta ASA 636 16,454
Atea ASA 14,362 141,139
Bonheur ASA 1,100 22,692
BW Offshore, Ltd. 30,800 19,283
BWG Homes ASA (I) 9,652 21,111
Camillo Eitzen & Company ASA (I) 130 40
Cermaq ASA 8,984 117,641
Clavis Pharma ASA 70 778
DOF ASA (I) 1,335 6,146
Eitzen Chemical ASA 21,250 298
Electromagnetic GeoServices ASA 3,160 7,785
Eltek ASA (I) 22,000 15,032
Evry ASA 946 1,569
Ganger Rolf ASA 700 14,510
Kongsberg Automotive Holding ASA (I) 29,400 8,133
Kvaerner ASA 4,648 12,042
Leroy Seafood Group ASA 77 1,615
Nordic Semiconductor ASA (I) 21,567 63,470
Norwegian Air Shuttle ASA 2,907 54,441
Norwegian Energy Company AS 16,500 14,731
Opera Software ASA 4,868 31,015
Pronova Biopharma AS 6,249 10,946
Scana Industrier ASA (I) 15,247 4,056
Sevan Marine ASA 2,068 5,519
Siem Offshore, Inc. 20,000 28,260
Solstad Offshore ASA 2,900 43,841
Sparebanken 1 SMN 3,899 25,127
STX OSV Holdings, Ltd. 11,000 14,488
Tomra Systems ASA 13,184 116,931
Veidekke ASA 6,400 50,470
Wilh Wilhelmsen Holding ASA, Class A 1,300 31,568
 
    907,428
Papua New Guinea - 0.0%    
Highlands Pacific, Ltd. 59,421 10,102
Peru - 0.1%    
Copeinca ASA 7,710 64,057
Portugal - 0.3%    
Altri SGPS SA 26,263 45,913
Banco BPI SA (I)(L) 23,984 23,466
BANIF SGPS SA 17,971 3,856
Impresa SGPS SA 11,168 4,736
Investimentos Participacoes e Gestao SA (I) 15,959 2,871
Mota Engil SGPS SA 5,366 8,454
Portucel - Empresa Produtora de Pasta    
e Papel SA 28,126 75,137
Redes Energeticas Nacionais SA 12,164 31,405
Semapa-Sociedade de Investimento & Gestao 5,253 33,698
Sonae 50,046 33,385

 

International Small Company Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Portugal (continued)    
Sonae Capital SGPS SA (L) 16,889 $ 3,907
Teixeira Duarte SA 21,736 7,853
Zon Multimedia Servicos de Telecomunicacoes    
e Multimedia SGP 14,900 41,846
 
    316,527
Russia - 0.0%    
Alliance Oil Company, Ltd., ADR 445 3,516
Raven Russia, Ltd. 7,198 7,853
 
    11,369
Singapore - 1.5%    
ASL Marine Holdings, Ltd. 19,600 10,605
Ausgroup, Ltd. 71,000 29,094
Banyan Tree Holdings, Ltd. 54,000 26,827
Biosensors International Group, Ltd. 7,000 6,934
Bukit Sembawang Estates, Ltd. 16,000 68,768
Cape PLC 836 3,242
Cerebos Pacific, Ltd. 10,000 53,360
CH Offshore, Ltd. 38,000 15,277
China Aviation Oil Singapore Corp., Ltd. 12,000 9,808
China Merchants Holdings Pacific, Ltd. 50,000 30,095
Cosco Corp. Singapore, Ltd. 6,000 4,696
Creative Technology, Ltd. 6,650 17,802
CSE Global, Ltd. 55,000 38,954
Ezion Holdings, Ltd. 49,000 53,392
Ezra Holdings, Ltd. 50,400 49,864
Food Empire Holdings, Ltd. 43,200 15,120
Gallant Venture, Ltd. 71,000 17,546
GMG Global, Ltd. 46,000 5,084
Goodpack, Ltd. 29,000 43,849
Ho Bee Investment, Ltd. 18,000 22,339
Hong Fok Corp., Ltd. 48,000 20,681
Hong Leong Asia, Ltd. 13,000 18,203
Hotel Properties, Ltd. 24,000 54,033
HTL International Holdings, Ltd. 34,000 9,013
Hyflux, Ltd. (L) 51,000 58,237
Jaya Holdings, Ltd. (I) 51,000 24,270
Metro Holdings, Ltd. 63,600 42,221
Midas Holdings, Ltd. 115,000 39,176
Oceanus Group, Ltd. 116,000 4,802
Orchard Parade Holdings, Ltd. 5,000 9,594
Osim International, Ltd. 30,000 34,126
Otto Marine, Ltd. 144,000 10,414
Pan Pacific Hotels Group, Ltd. 21,500 40,223
Petra Foods, Ltd. 45,000 89,824
Raffles Education Corp., Ltd. 76,188 22,517
Raffles Medical Group, Ltd. 24,289 48,029
Rotary Engineering, Ltd. 22,000 7,786
Sakari Resources, Ltd. 10,000 15,142
SBS Transit, Ltd. 5,000 6,006
SC Global Developments, Ltd. 17,000 16,340
Sinarmas Land, Ltd. 184,000 44,872
Stamford Land Corp., Ltd. 59,000 27,874
Super Coffeemix Manufacturing, Ltd. 25,000 44,510
Swiber Holdings, Ltd. 20,000 10,707
Tat Hong Holdings, Ltd. 31,000 33,657
United Engineers, Ltd. 19,000 38,486
UOB-Kay Hian Holdings, Ltd. 31,000 41,361
Venture Corp., Ltd. 7,000 45,863
WBL Corp., Ltd. 4,000 12,087
Wing Tai Holdings, Ltd. 21,205 29,552
Yongnam Holdings, Ltd. 87,000 17,363
 
    1,439,625

 

228

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

International Small Company Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
South Africa - 0.0%    
Great Basin Gold, Ltd. 34,200 $ 2,783
Spain - 1.9%    
Abengoa SA 2,937 51,681
Almirall SA 6,175 48,178
Amper SA (I) 1,961 5,172
Antena 3 de Television SA 3,644 16,683
Bankinter SA 17,362 75,888
Bolsas y Mercados Espanoles SA 5,350 112,842
Caja de Ahorros del Mediterraneo 5,428 698
Campofrio Food Group SA (I) 1,173 8,794
Cementos Portland Valderrivas SA (I) 1,547 7,637
Construcciones & Auxiliar de Ferrocarriles SA 265 129,475
Deoleo SA (I) 11,142 5,082
Dinamia SA 1,181 10,730
Duro Felguera SA 3,914 23,975
Ebro Foods SA 13,628 239,889
Elecnor SA 2,026 24,985
Ence Energia y Celulosa SA 16,201 36,115
Ercros SA 12,567 9,531
Faes Farma SA 15,919 27,780
Fluidra SA 3,227 8,335
Gamesa Corporacion Tecnologica SA 7,200 15,208
Grupo Catalana Occidente SA (L) 2,531 41,443
Indra Sistemas SA (L) 7,450 72,167
Laboratorios Farmaceuticos Rovi SA 1,750 11,694
Mediaset Espana Comunicacion SA 4,733 25,741
Melia Hotels International SA 5,056 34,482
NH Hoteles SA 8,165 25,458
Obrascon Huarte Lain SA 3,281 75,967
Papeles y Cartones de Europa SA 4,221 10,896
Pescanova SA 1,602 26,594
Promotora de Informaciones SA (I) 9,049 4,376
Realia Business SA (I) 9,431 8,613
Sacyr Vallehermoso SA 931 2,013
Sociedad Nacional de Industrias Apicaciones    
Celulosa Espanol SA (I) 8,375 8,611
Tecnicas Reunidas SA 2,764 128,957
Tubacex SA (I) 10,312 25,979
Tubos Reunidos SA 9,106 22,229
Unipapel SA 209 3,086
Vidrala SA 2,228 54,559
Viscofan SA 6,729 308,587
Vocento SA (I) 9,411 15,506
Zeltia SA (I) 16,087 30,159
 
    1,795,795
Sweden - 3.3%    
AarhusKarlshamn AB 4,950 187,355
Acando AB 6,279 14,664
Active Biotech AB (I) 2,172 15,701
AddTech AB 2,310 62,780
AF AB 3,536 79,149
Avanza Bank Holding AB 1,104 24,328
Axfood AB 1,565 58,823
Axis Communications AB 8,226 204,122
B&B Tools AB 3,490 26,594
BE Group AB 4,723 12,287
Beijer Alma AB 229 3,944
Betsson AB 2,976 79,240
Bilia AB 1,720 22,937
Billerud AB (L) 17,199 160,697
BioGaia AB 555 16,476
Bure Equity AB 7,860 28,239
Castellum AB 6,802 92,126
CDON Group AB 511 3,211

 

International Small Company Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Sweden (continued)    
Clas Ohlson AB 4,002 $ 52,463
Cloetta AB 2,034 4,708
Concordia Maritime AB 2,200 3,617
Duni AB 5,099 42,763
East Capital Explorer AB 3,589 27,879
Enea AB 1,999 11,564
Eniro AB (I) 12,390 17,164
Fabege AB 6,102 58,114
Fagerhult AB 749 18,778
Fastighets AB Balder - B Shares (I) 2,585 14,225
G & L Beijer AB 2,250 37,043
Haldex AB 6,370 32,317
Hexpol AB 1,566 60,792
HIQ International AB 3,756 19,784
Hoganas AB 4,475 155,945
Holmen AB, Series B 4,455 121,738
Hufvudstaden AB, Class A 638 7,919
Industrial & Financial Systems AB 3,487 58,469
Indutrade AB 1,973 58,587
Intrum Justitia AB 6,104 89,309
JM AB 8,981 164,454
KappAhl Holding AB (I) 8,073 7,988
Kungsleden AB 10,626 60,098
Lindab International AB 6,008 46,737
Loomis AB 4,564 64,867
Mekonomen AB 2,150 63,747
NCC AB, B Shares 8,075 154,156
Net Entertainment NE AB 105 1,132
Net Insight AB 40,297 13,005
New Wave Group AB 6,024 18,983
Nibe Industrier AB 7,047 116,209
Nobia AB (I) 17,611 66,489
OEM International AB 1,799 16,840
PA Resources AB 19,862 2,060
Peab AB 14,016 65,598
Proffice AB 6,320 22,161
Rezidor Hotel Group AB (I) 8,897 33,590
RNB Retail & Brands AB (I) 31,521 9,837
Saab AB 46 884
SAS AB 17,484 19,829
SkiStar AB 222 2,817
SSAB AB, Series A 3,598 25,679
Studsvik AB 218 1,159
Sweco AB 3,557 37,536
Swedish Orphan Biovitrum AB 11,871 66,504
TradeDoubler AB 4,887 10,417
Wihlborgs Fastigheter AB 3,088 46,107
 
    3,124,734
Switzerland - 4.7%    
Acino Holding AG 303 35,453
Advanced Digital Broadcast Holdings SA (I) 245 3,078
AFG Arbonia-Forster Holding AG (I) 1,594 29,762
Allreal Holding AG 764 112,133
APG SGA SA 88 16,730
Ascom Holding AG 3,146 23,761
Autoneum Holding AG 430 21,614
Bachem Holding AG 14 558
Bank Coop AG 1,583 93,412
Bank Sarasin & Cie Ag 2,914 84,275
Banque Privee Edmond de Rothschild SA 1 17,798
Basilea Pharmaceutica 776 39,232
Belimo Holding AG 29 51,278
Bellevue Group AG 655 6,426
Berner Kantonalbank 285 76,593

 

229

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

International Small Company Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Switzerland (continued)    
Bobst Group AG (I) 1,189 $ 35,443
Bossard Holding AG 167 22,167
Bucher Industries AG 751 134,920
Burckhardt Compression Holding AG 370 110,110
Centralschweizerische Kraftwerke AG 112 39,248
Charles Voegele Holding AG (I) 998 15,628
Cicor Technologies (I) 322 10,978
Cie Financiere Tradition SA 211 12,539
Conzzeta Holding AG 1 1,868
Cytos Biotechnology AG 166 454
Daetwyler Holding AG 778 64,906
EFG International 5,629 47,045
Emmi AG 319 70,057
Energiedienst Holding AG 559 26,291
Etrion Corp. 2,427 834
Ferrexpo PLC 5,662 17,825
Flughafen Zuerich AG 380 156,081
Forbo Holding AG 196 115,792
GAM Holding AG 25,978 339,083
Gategroup Holding AG 846 20,746
Georg Fischer AG 919 325,924
Gottex Fund Management Holdings, Ltd. (I) 1,478 5,470
Gurit Heberlein AG 22 10,869
Helvetia Patria Holding AG 307 107,243
Huber & Suhner AG 222 9,937
Implenia AG 348 14,084
Inficon Holding AG 99 20,948
Informa PLC 10,659 69,498
Intershop Holdings 8 2,769
Kaba Holding AG 317 123,767
Komax Holding AG 727 54,629
Kudelski SA 4,675 52,726
Kuoni Reisen Holding AG 265 71,743
LEM Holding SA 52 26,214
Logitech International SA 9,485 86,933
Lonza Group AG 1,290 67,591
Luzerner Kantonalbank AG 145 51,079
Meyer Burger Technology AG 3,227 42,804
Micronas Semiconductor Holding AG 5,145 51,002
Mobilezone Holding AG 3,138 33,032
Mobimo Holding AG 528 121,133
Nobel Biocare Holding AG 1,633 16,373
OC Oerlikon Corp. AG 14,200 136,877
Orascom Development Holding AG (I) 1,134 17,964
Orell Fuessli Holding AG 136 14,393
Panalpina Welttransport Holding AG 1,612 154,206
Phoenix Mecano AG 53 25,497
PubliGroupe SA 20 2,814
Rieter Holding AG 430 73,335
Romande Energie Holding SA 52 67,420
Schaffner Holding AG 40 9,988
Schmolz + Bickenbach AG 1,684 6,840
Schweiter Technologies AG 3 1,435
Schweizerische National-Versicherungs-    
Gesellschaft AG 1,339 53,051
Siegfried Holding AG 53 6,482
St. Galler Kantonalbank 99 37,061
Straumann Holding AG 77 10,258
Swisslog Holding AG 4,914 5,275
Swissquote Group Holding SA 1,093 33,488
Tamedia AG 188 19,990
Tecan Group AG 750 54,502
Temenos Group AG 6,787 101,695
U-Blox AG 65 2,923
Valiant Holding AG 686 59,668

 

International Small Company Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Switzerland (continued)    
Valora Holding AG 284 $ 50,463
Vaudoise Assurances Holding SA 138 41,645
Vetropack Holding AG 3 5,335
Von Roll Holding AG (I) 7,878 18,445
Vontobel Holding AG 2,802 70,518
WMH Walter Meier AG 142 32,574
Ypsomed Holding AG 276 16,352
Zehnder Group AG 615 36,530
Zuger Kantonalbank 17 86,950
 
    4,473,860
Taiwan - 0.0%    
Ya Hsin Industrial Company, Ltd. (I) 138,000 0
United Arab Emirates - 0.1%    
Lamprell PLC 30,296 53,942
United Kingdom - 21.1%    
A.G.Barr PLC 9,000 65,003
Aegis Group PLC 68,082 259,287
Afren PLC 55,554 126,146
Alizyme PLC 22,479 0
Amlin PLC 13,174 85,942
Anglo Pacific Group PLC 10,171 47,416
Anite PLC 6,272 12,811
Ashtead Group PLC 54,314 284,448
Aveva Group PLC 8,544 272,024
Balfour Beatty PLC 40,039 196,908
Barratt Developments PLC (I) 98,477 270,004
BBA Aviation PLC 48,270 154,116
Bellway PLC 10,163 151,383
Berendsen PLC 14,469 127,567
Berkeley Group Holdings PLC (I) 13,633 309,995
Bodycote PLC 19,111 120,961
Booker Group PLC 6,370 9,613
Bovis Homes Group PLC 13,879 113,309
Brammer PLC 8,722 40,151
Brewin Dolphin Holdings PLC 23,416 63,573
British Polythene Industries PLC 4,443 27,549
Britvic PLC 32,362 190,754
BTG PLC (I) 25,585 133,570
Cable & Wireless Communications PLC 75,207 43,874
Capital & Counties Properties PLC 4,640 16,338
Capital & Regional PLC (I) 28,406 12,178
Carillion PLC 27,252 119,583
Carpetright PLC (I) 3,039 32,328
Charles Taylor Consulting PLC 3,000 8,731
Chemring Group PLC 32,046 168,379
Chesnara PLC 776 2,424
Chime Communications PLC 5,129 19,271
Cineworld Group PLC 6,663 26,825
Close Brothers Group PLC 15,796 213,166
Cobham PLC 28,846 103,504
Colt Telecom Group SA 31,617 60,917
Communisis PLC 1 1
Computacenter PLC 9,482 58,233
Concentric AB 6,370 47,751
Cookson Group PLC 33,297 322,416
Costain Group PLC 3,598 14,457
Cranswick PLC 8,434 107,271
Creston PLC 10,587 15,618
CSR PLC 18,505 95,054
D.S. Smith PLC 122,693 369,274
Daily Mail & General Trust PLC 17,811 138,772
Dairy Crest Group PLC 13,990 78,451
De La Rue PLC 7,909 129,507

 

230

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

International Small Company Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
United Kingdom (continued)    
Debenhams PLC 116,644 $ 193,263
Dechra Pharmaceuticals PLC 5,389 50,703
Development Securities PLC 2,220 6,035
Devro PLC 5,062 26,847
Dialight PLC 522 10,134
Dignity PLC 5,430 80,060
Diploma PLC 7,537 57,881
Dixons Retail PLC (I)(L) 231,071 74,063
Domino Printing Sciences PLC 15,207 136,033
Domino’s Pizza UK & IRL PLC 7,102 60,945
Drax Group PLC 30,783 252,353
Dunelm Group PLC 9,379 97,311
E2V Technologies PLC 2,485 5,314
easyJet PLC 10,090 94,768
Electrocomponents PLC 45,730 148,320
Elementis PLC 54,285 203,891
Enquest PLC 46,110 85,671
Enterprise Inns PLC (I) 55,142 56,198
Euromoney Institutional Investor PLC 7,507 93,440
F&C Asset Management PLC 41,888 65,369
Fenner PLC 9,083 56,821
Fidessa Group PLC 3,586 85,231
Filtrona PLC 27,028 225,185
Findel PLC (I) 318,283 32,067
FirstGroup PLC 35,332 137,196
Galliford Try PLC 8,666 102,220
Gem Diamonds, Ltd. 12,666 35,599
Genus PLC 5,336 130,347
Go-Ahead Group PLC 2,784 59,042
Greene King PLC 18,168 176,339
Greggs PLC 7,878 63,880
Halfords Group PLC 23,761 100,211
Halma PLC 44,432 304,607
Hardy Oil & Gas PLC 5,072 10,915
Hays PLC 90,038 112,453
Headlam Group PLC 4,631 22,958
Helical Bar PLC 8,263 25,072
Hikma Pharmaceuticals PLC 16,363 192,177
Hill & Smith Holdings PLC 6,401 38,355
HMV Group PLC (I) 36,339 1,745
Hochschild Mining PLC 15,777 124,028
Homeserve PLC 23,941 81,402
Howden Joinery Group PLC 88,671 213,040
Hunting PLC 9,788 130,962
Hyder Consulting PLC 3,872 26,506
ICAP PLC 359 1,867
IG Group Holdings PLC 25,146 181,333
Imagination Technologies Group PLC 42,994 330,829
Inchcape PLC 27,669 161,222
Innovation Group PLC (I) 9,835 3,497
Intermediate Capital Group PLC 43,942 212,355
International Personal Finance PLC 47,051 228,211
Interserve PLC 12,721 75,020
Invensys PLC 13,129 49,753
ITE Group PLC 16,803 56,038
J.D. Wetherspoon PLC 9,690 75,476
James Fisher & Sons PLC 4,579 56,420
Jardine Lloyd Thompson Group PLC 10,279 127,179
Jazztel PLC 19,044 113,501
JKX Oil & Gas PLC (I) 8,683 11,096
John Menzies PLC 983 10,249
Kcom Group PLC 95,593 126,927
Keller Group PLC 4,607 41,263
Kesa Electricals PLC 45,975 42,155
Kier Group PLC 2,737 57,297

 

International Small Company Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
United Kingdom (continued)    
Kofax PLC (I) 12,964 $ 64,109
Ladbrokes PLC 55,844 155,985
Laird PLC 26,527 96,636
Lonmin PLC (L) 945 8,547
Lookers PLC 17,654 21,246
Low & Bonar PLC 21,034 21,253
M.J. Gleeson Group PLC 8,478 18,422
Management Consulting Group PLC 217 85
Marshalls PLC 1,729 2,418
Marston’s PLC 27,240 50,330
McBride PLC 14,770 30,897
Mears Group PLC 8,289 37,886
Melrose PLC 100,037 391,783
Michael Page International PLC 20,769 119,682
Micro Focus International PLC 24,502 233,224
Millennium & Copthorne Hotels PLC 13,381 105,066
Mitchells & Butlers PLC (I) 26,386 124,379
Mitie Group PLC 21,404 100,852
Moneysupermarket.com Group PLC 11,551 25,729
Morgan Crucible Company PLC 23,436 100,270
Mothercare PLC 6,928 24,369
MWB Group Holdings PLC (I) 11,618 890
N. Brown Group PLC 16,271 72,258
National Express Group PLC 34,580 117,426
NCC Group, Ltd. 4,161 62,376
Northgate PLC 1,332 5,183
Novae Group PLC 2,664 15,918
Optos PLC 3,748 11,916
Oxford Biomedica PLC 57,574 2,408
Oxford Instruments PLC 3,507 77,939
Pace PLC 26,281 67,605
PayPoint PLC 4,414 51,080
Pendragon PLC (I) 63,903 14,977
Persimmon PLC 26,100 320,622
Petropavlovsk PLC 20,453 135,627
Photo-Me International PLC 24,627 19,414
Premier Farnell PLC 47,494 132,165
Premier Foods PLC (I) 15,810 16,352
Premier Oil PLC (I) 25,504 148,204
Provident Financial PLC 11,386 252,822
Psion PLC 13,365 18,973
Punch Taverns PLC (I) 20,164 2,171
PZ Cussons PLC 15,640 75,872
QinetiQ PLC 59,423 182,037
Quintain Estates & Development PLC (I) 54,012 46,119
Rathbone Brothers PLC 4,853 104,135
Redrow PLC (I) 28,411 71,438
Renishaw PLC 2,747 73,299
Rentokil Initial PLC 61,337 80,732
Restaurant Group PLC 15,717 90,982
Ricardo PLC 418 2,604
Rightmove PLC 10,769 273,117
RM PLC 10,003 13,347
Rotork PLC 12,265 448,888
RPC Group PLC 19,465 134,088
RPS Group PLC 17,736 71,346
Salamander Energy PLC 13,282 43,004
Savills PLC 12,336 79,432
SDL PLC 13,797 148,225
Senior PLC 19,322 63,803
Shanks Group PLC 46,070 61,456
SIG PLC 20,810 33,311
Smiths News PLC 16,404 32,594
Soco International PLC 16,636 88,870
Southern Cross Healthcare, Ltd. (I) 15,726 1,587

 

231

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

International Small Company Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
United Kingdom (continued)    
Spectris PLC 10,418 $ 290,882
Spirax-Sarco Engineering PLC 9,089 307,352
Spirent Communications PLC 60,917 152,073
Spirit Pub Company PLC 20,164 17,013
Sportech PLC 11,390 11,166
Sports Direct International PLC (I) 15,902 88,481
St James’s Place PLC 19,153 113,666
St. Modwen Properties PLC 14,271 45,909
Stagecoach Group PLC 24,940 113,256
Sthree PLC 8,144 37,444
STV Group PLC (I) 2,685 3,996
SuperGroup PLC 11 106
Synergy Health PLC 5,377 79,851
TalkTalk Telecom Group PLC 24,348 72,993
Taylor Wimpey PLC 241,540 212,401
Telecity Group PLC 16,984 245,841
Telecom Plus PLC 752 10,278
Thomas Cook Group PLC (I) 5,723 1,620
Topps Tiles PLC 15,591 11,584
Torotrak PLC 2,223 1,271
Tribal Group PLC 7,453 11,558
Trinity Mirror PLC (I) 6,673 5,468
TT electronics PLC 14,769 34,324
TUI Travel PLC 1,293 4,899
Tullett Prebon PLC 20,558 99,066
UK Mail Group PLC 2,825 12,032
Ultra Electronics Holdings PLC 5,588 139,355
Unite Group PLC 5,851 24,935
UTV Media PLC 14,284 30,002
Vectura Group PLC 29,652 41,427
Victrex PLC 5,831 124,720
Vitec Group PLC 1,430 16,528
Volex Group PLC 2,300 6,650
VP PLC 637 3,338
W.S. Atkins PLC 9,549 112,531
WH Smith PLC 11,284 117,919
William Hill PLC 51,239 262,607
Wilmington Group PLC 8,076 16,190
Wincanton PLC (I) 2,774 2,511
Wolfson Microelectronics PLC 12,200 39,388
Xaar PLC 156 625
Xchanging PLC (I) 19,640 36,247
Yule Catto & Company PLC 8,486 22,735
 
    19,997,516
United States - 0.3%    
Argonaut Gold, Inc. 6,900 71,520
BNK Petroleum, Inc. 5,141 3,765
Boart Longyear, Ltd. 36,330 61,354
Golden Star Resources, Ltd. (L) 27,300 54,706
International Minerals Corp. 1,700 9,684
Tethys Petroleum, Ltd. 5,500 3,916
Thompson Creek Metals Company, Inc. (L) 11,493 32,734
 
    237,679
TOTAL COMMON STOCKS (Cost $106,186,160) $ 94,596,505
 
RIGHTS - 0.0%    
Raffles Education Corp. Ltd. (Expiration Date:    
10/16/2012; Strike Price SGD 0.14) 15,238 $ 2,794
Straits Resources Ltd. (Expiration Date:    
10/04/2012; Strike Price AUD .085) 40,711 42
TOTAL RIGHTS (Cost $0) $ 2,836

 

International Small Company Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
WARRANTS - 0.0%    
Seat Pagine Gialle SpA (Expiration    
Date: 08/31/2014) (I)(N) 131,159 411
TOTAL WARRANTS (Cost $0) $ 411
 
SECURITIES LENDING COLLATERAL - 4.1%    
John Hancock Collateral    
Investment Trust, 0.3462% 390,272 $ 3,906,073
TOTAL SECURITIES LENDING    
COLLATERAL (Cost $3,905,950) $ 3,906,073
Total Investments (International Small Company Trust)  
(Cost $110,092,110) - 103.9% $ 98,505,825
Other assets and liabilities, net - (3.9%)   (3,726,193)
 
TOTAL NET ASSETS - 100.0% $ 94,779,632
 
 
 
International Value Trust    
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS - 96.0%    
Australia - 0.4%    
Billabong International, Ltd. (L) 2,845,720 $ 3,897,102
Belgium - 0.7%    
KBC Groep NV 305,456 7,370,103
Brazil - 1.1%    
Petroleo Brasileiro SA, ADR, Class A (L) 169,500 3,740,865
Vale SA (Preference A Shares), ADR (L) 433,780 7,530,421
 
    11,271,286
Canada - 2.0%    
Ensign Energy Services, Inc. 25,350 389,365
Suncor Energy, Inc. 271,800 8,941,117
Talisman Energy, Inc. 625,440 8,359,558
Trican Well Service, Ltd. 157,200 2,045,151
 
    19,735,191
China - 1.6%    
China Telecom Corp., Ltd., H Shares 13,736,427 7,951,083
Shanghai Electric Group Company, Ltd.,    
H Shares 11,136,000 3,945,008
Trina Solar, Ltd., ADR (I)(L) 806,806 3,695,171
 
    15,591,262
Denmark - 0.3%    
Vestas Wind Systems A/S (I)(L) 425,733 3,029,585
France - 14.5%    
AXA SA 1,192,211 17,815,111
BNP Paribas SA 615,926 29,438,448
Carrefour SA 594,210 12,353,578
France Telecom SA 843,243 10,194,092
GDF Suez (L) 174,840 3,918,222
Ipsen SA 181,158 4,420,033
Sanofi 328,513 28,064,612
Societe Generale SA (I) 474,043 13,520,843
Total SA 333,336 16,579,759
Vivendi SA 431,265 8,432,250
 
    144,736,948
Germany - 6.1%    
Deutsche Lufthansa AG 686,720 9,327,778
E.ON AG 403,350 9,585,626
Kloeckner & Company SE (I) 455,830 4,364,500
Merck KGaA 60,520 7,469,545

 

232

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

International Value Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Germany (continued)    
Muenchener Rueckversicherungs AG 119,887 $ 18,732,926
Siemens AG 116,271 11,611,039
 
    61,091,414
Hong Kong - 2.2%    
China Mobile, Ltd. 817,000 9,059,151
First Pacific Company, Ltd. 2,374,000 2,573,478
Kingboard Chemical Holdings, Ltd. 4,146,500 9,882,531
 
    21,515,160
India - 1.4%    
Reliance Industries, Ltd. 858,497 13,564,481
Ireland - 0.8%    
CRH PLC 418,460 8,064,717
Italy - 1.5%    
UniCredit SpA (I) 3,587,454 14,995,890
Japan - 4.6%    
ITOCHU Corp. (L) 906,360 9,181,114
Mazda Motor Corp. (I) 3,531,000 4,112,608
NKSJ Holdings, Inc. (L) 495,800 9,699,152
Toyota Motor Corp. (L) 329,530 12,929,562
Trend Micro, Inc. 367,100 10,247,127
 
    46,169,563
Netherlands - 11.4%    
Aegon NV 2,675,082 13,973,293
Akzo Nobel NV 182,230 10,322,284
ING Groep NV (I) 4,807,050 38,213,404
Koninklijke Philips Electronics NV 422,035 9,868,263
Randstad Holdings NV 276,880 9,227,816
Reed Elsevier NV 772,650 10,347,981
Royal Dutch Shell PLC, B Shares 591,786 21,048,813
 
    113,001,854
Norway - 4.5%    
Statoil ASA 771,610 19,959,692
Telenor ASA 1,247,925 24,357,791
 
    44,317,483
Russia - 0.3%    
Gazprom OAO, ADR 302,050 3,047,685
Gazprom OAO, ADR (London Exchange) 4,600 46,128
 
    3,093,813
Singapore - 2.4%    
Flextronics International, Ltd. (I) 2,218,370 13,310,220
Singapore Telecommunications, Ltd. 3,917,000 10,197,047
 
    23,507,267
South Korea - 6.7%    
KB Financial Group, Inc., ADR (L) 699,043 24,669,227
KIWOOM Securities Company, Ltd. 84,364 4,902,254
Korea Investment Holdings Company, Ltd. 145,600 5,164,246
POSCO 35,094 11,461,925
Samsung Electronics Company, Ltd. 16,862 20,300,702
 
    66,498,354
Spain - 1.3%    
Telefonica SA 932,814 12,438,618
Sweden - 0.8%    
Getinge AB, B Shares (I) 71,202 2,151,029
Telefonaktiebolaget LM Ericsson, B Shares 641,194 5,848,279
 
    7,999,308
Switzerland - 10.8%    
Basilea Pharmaceutica (I) 36,130 1,826,605

 

International Value Trust (continued)  
  Shares or   
   Principal  
  Amount Value
 
 
COMMON STOCKS (continued)      
Switzerland (continued)      
Credit Suisse Group AG 1,451,692 $ 30,873,741
Lonza Group AG 99,460 5,211,333
Noble Corp. 254,890 9,119,964
Novartis AG 168,620 10,320,623
Roche Holdings AG 112,172 20,954,339
Swiss Re, Ltd. 234,111 15,064,525
UBS AG 1,193,206 14,562,534
 
      107,933,664
Taiwan - 2.3%      
Compal Electronics, Inc. 13,233,334 11,898,972
Compal Electronics, Inc., GDR (S) 2,123 9,542
Siliconware Precision Industries Company 9,912,000 10,896,100
 
      22,804,614
United Kingdom - 18.3%      
Aviva PLC 3,617,500 18,692,841
BAE Systems PLC 2,091,561 11,010,761
BP PLC 1,840,025 12,987,263
Carillion PLC 1,520,420 6,671,668
G4S PLC 2,910,180 12,508,202
GlaxoSmithKline PLC 1,033,284 23,835,576
Hays PLC 7,322,723 9,145,718
Kingfisher PLC 2,938,370 12,555,886
Lloyds Banking Group PLC (I) 17,914,590 11,287,512
Man Group PLC 5,481,508 7,319,467
Marks & Spencer Group PLC 1,603,200 9,249,888
Premier Foods PLC (I) 630,014 651,593
Rexam PLC 988,700 6,961,484
Tesco PLC 4,151,390 22,274,827
Vodafone Group PLC 6,095,398 17,347,876
 
      182,500,562
TOTAL COMMON STOCKS (Cost $1,049,881,256)   $ 955,128,239
 
SECURITIES LENDING COLLATERAL - 3.8%      
John Hancock Collateral      
Investment Trust, 0.3462% (W)(Y) 3,813,684 38,169,635
TOTAL SECURITIES LENDING      
COLLATERAL (Cost $38,167,930)   $ 38,169,635
 
SHORT-TERM INVESTMENTS - 3.4%      
Time Deposits - 3.4%      
Bank of Montreal, 0.080%, 07/03/2012 $ 17,000,000 $ 17,000,000
Royal Bank of Canada, 0.120%, 04/02/2012 17,000,000 17,000,000
 
      34,000,000
TOTAL SHORT-TERM INVESTMENTS (Cost $34,000,000) $ 34,000,000
Total Investments (International Value Trust)      
(cost $1,122,049,186) - 103.2%   $ 1,027,297,874
Other assets and liabilities, net - (3.2%)     (31,896,645)
 
TOTAL NET ASSETS - 100.0%   $ 995,401,229
 

 

233

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Investment Quality Bond Trust    
    Shares or  
    Principal  
    Amount Value
 
U.S. GOVERNMENT & AGENCY      
OBLIGATIONS - 36.9%      
U.S. Government Agency - 7.6%      
Federal Home Loan Mortgage Corp.      
5.000%, 12/01/2034 $ 852,034 930,015
6.500%, 04/01/2029 to 08/01/2034   73,657 83,509
7.500%, 08/01/2025 to 05/01/2028   19,408 22,442
Federal National Mortgage Association      
3.000%, TBA (C)   2,700,000 2,843,433
4.659%, 05/01/2013   462,891 470,977
5.500%, TBA (C)   12,100,000 13,264,624
6.000%, TBA (C)   100,000 110,445
Government National      
Mortgage Association      
4.000%, 11/15/2040 to 03/15/2042   10,733,891 11,843,149
6.000%, 12/15/2013 to 04/15/2035   149,014 167,463
6.500%, 06/15/2028 to 02/15/2035   92,249 105,642
7.000%, 11/15/2031 to 11/15/2033   584,706 675,826
8.000%, 07/15/2030   7,061 8,385
 
      30,525,910
U.S. Government - 29.3%      
U.S. Treasury Bonds      
3.125%, 11/15/2041   5,375,000 5,733,615
4.250%, 05/15/2039   2,475,000 3,211,313
4.375%, 11/15/2039 to 05/15/2041   5,858,000 7,756,901
4.625%, 02/15/2040 (D)   6,125,000 8,417,091
4.750%, 02/15/2041   1,643,300 2,306,012
6.250%, 08/15/2023 to 05/15/2030   5,750,000 8,783,593
U.S. Treasury Notes      
0.250%, 02/15/2015   12,100,000 12,092,438
0.625%, 02/28/2013 (D)   3,075,000 3,081,125
0.875%, 02/28/2017 (D)   18,275,000 18,559,121
1.750%, 07/31/2015   10,700,000 11,134,688
1.875%, 09/30/2017   13,700,000 14,540,194
2.000%, 11/15/2021   4,975,000 5,195,378
2.125%, 08/15/2021   2,675,000 2,830,484
2.500%, 04/30/2015   700 740
4.000%, 02/15/2015   4,775,000 5,194,680
4.250%, 11/15/2014   7,900,000 8,565,946
 
      117,403,319
TOTAL U.S. GOVERNMENT & AGENCY      
OBLIGATIONS (Cost $141,244,601)   $ 147,929,229
 
FOREIGN GOVERNMENT      
OBLIGATIONS - 1.4%      
Brazil - 0.8%      
Federative Republic of Brazil      
5.875%, 01/15/2019   680,000 846,600
Federative Republic of Brazil, Series B      
6.000%, 08/15/2014 BRL 2,100,000 2,421,553
 
      3,268,153
Mexico - 0.4%      
Government of Mexico      
3.625%, 03/15/2022 $ 722,000 787,341
4.750%, 03/08/2044   554,000 616,325
 
      1,403,666
Qatar - 0.2%      
Government of Qatar      
4.000%, 01/20/2015 (S)   800,000 849,200
TOTAL FOREIGN GOVERNMENT      
OBLIGATIONS (Cost $5,297,542)   $ 5,521,019

 

Investment Quality Bond Trust (continued)  
    Shares or  
    Principal  
    Amount Value
 
 
CORPORATE BONDS - 45.1%      
Consumer Discretionary - 6.1%      
Affinia Group, Inc.      
10.750%, 08/15/2016 (S) $ 12,000 $ 13,005
AMC Entertainment, Inc.      
8.750%, 06/01/2019   45,000 49,613
AutoNation, Inc.      
5.500%, 02/01/2020   80,000 85,400
Autozone, Inc.      
3.700%, 04/15/2022   420,000 442,840
4.000%, 11/15/2020   810,000 884,173
Buffalo Thunder Development Authority      
9.375%, 12/15/2014 (H)(S)   85,000 30,600
Caesars Entertainment Operating      
Company, Inc.      
11.250%, 06/01/2017   25,000 26,875
CBS Corp.      
3.375%, 03/01/2022   44,000 45,981
5.750%, 04/15/2020   385,000 462,986
8.875%, 05/15/2019   400,000 536,243
CCO Holdings LLC      
5.250%, 09/30/2022   61,000 61,305
6.500%, 04/30/2021   140,000 149,800
6.625%, 01/31/2022   325,000 355,063
7.375%, 06/01/2020   110,000 122,788
8.125%, 04/30/2020   10,000 11,300
Choice Hotels International, Inc.      
5.700%, 08/28/2020   6,000 6,480
5.750%, 07/01/2022   75,000 81,750
Clear Channel Worldwide Holdings, Inc.,      
Series B      
9.250%, 12/15/2017   20,000 21,550
Comcast Cable Communications LLC      
8.500%, 05/01/2027   556,000 807,413
Comcast Corp.      
5.700%, 05/15/2018   545,000 663,026
COX Communications, Inc.      
5.875%, 12/01/2016 (S)   850,000 997,682
7.125%, 10/01/2012   532,000 532,000
8.375%, 03/01/2039 (S)   150,000 228,625
CSC Holdings, Inc.      
7.625%, 07/15/2018   184,000 212,060
Daimler Finance North America LLC      
8.500%, 01/18/2031   575,000 911,593
DIRECTV Holdings LLC      
3.800%, 03/15/2022   760,000 782,275
4.750%, 10/01/2014   440,000 471,904
5.200%, 03/15/2020   215,000 244,459
DISH DBS Corp.      
5.875%, 07/15/2022 (S)   270,000 276,750
6.750%, 06/01/2021   281,000 306,290
Ford Motor Company      
7.450%, 07/16/2031   230,000 286,063
Ford Motor Credit Company LLC      
2.750%, 05/15/2015   1,175,000 1,198,308
Home Depot, Inc.      
5.875%, 12/16/2036   550,000 725,553
Lamar Media Corp.      
5.875%, 02/01/2022   30,000 31,950
Liberty Interactive LLC      
8.250%, 02/01/2030   128,000 135,040
Limited Brands, Inc.      
5.625%, 02/15/2022   205,000 220,888
7.000%, 05/01/2020   95,000 107,825
Macy’s Retail Holdings, Inc.      
5.875%, 01/15/2013   1,201,000 1,217,129
6.900%, 04/01/2029   419,000 494,771

 

234

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Investment Quality Bond Trust (continued)  
    Shares or  
    Principal  
    Amount Value
 
 
CORPORATE BONDS (continued)      
Consumer Discretionary (continued)      
Mediacom Broadband LLC      
8.500%, 10/15/2015 $ 78,000 $ 79,232
MGM Resorts International      
9.000%, 03/15/2020   10,000 11,163
10.375%, 05/15/2014   5,000 5,625
11.125%, 11/15/2017   5,000 5,531
National CineMedia LLC      
6.000%, 04/15/2022 (S)   30,000 31,650
NBCUniversal Media LLC      
2.875%, 01/15/2023   730,000 728,664
5.150%, 04/30/2020   500,000 592,656
NetFlix, Inc.      
8.500%, 11/15/2017   45,000 47,925
News America, Inc.      
6.150%, 02/15/2041   310,000 386,373
7.750%, 01/20/2024   622,000 801,104
7.850%, 03/01/2039   325,000 436,445
PVH Corp.      
7.375%, 05/15/2020   75,000 84,750
Quebecor Media, Inc.      
7.750%, 03/15/2016   48,000 49,440
QVC, Inc.      
5.125%, 07/02/2022 (S)   10,000 10,538
7.500%, 10/01/2019 (S)   90,000 99,591
Sally Holdings LLC      
5.750%, 06/01/2022   75,000 79,875
Service Corp. International      
7.375%, 10/01/2014   10,000 11,000
7.625%, 10/01/2018   20,000 23,700
Sinclair Television Group, Inc.      
9.250%, 11/01/2017 (S)   15,000 16,613
Sotheby’s      
5.250%, 10/01/2022 (S)   105,000 106,838
Starz LLC / Starz Finance Corp.      
5.000%, 09/15/2019 (S)   30,000 30,600
TCI Communications, Inc.      
8.750%, 08/01/2015   692,000 836,642
Time Warner Cable, Inc.      
4.000%, 09/01/2021   305,000 336,364
4.500%, 09/15/2042   945,000 943,661
5.875%, 11/15/2040   210,000 247,240
8.250%, 02/14/2014   205,000 225,625
Time Warner, Inc.      
7.700%, 05/01/2032   1,298,000 1,824,535
TRW Automotive, Inc.      
7.250%, 03/15/2017 (S)   155,000 177,088
Viacom, Inc.      
1.250%, 02/27/2015   315,000 318,317
5.625%, 09/15/2019   500,000 601,443
6.875%, 04/30/2036   450,000 594,946
Videotron Ltee      
5.000%, 07/15/2022   115,000 120,175
9.125%, 04/15/2018   25,000 26,938
Wynn Las Vegas LLC      
7.750%, 08/15/2020   275,000 305,938
 
      24,437,581
Consumer Staples - 3.7%      
Altria Group, Inc.      
2.850%, 08/09/2022   425,000 424,122
9.250%, 08/06/2019   122,000 173,257
9.700%, 11/10/2018   360,000 515,756
10.200%, 02/06/2039   300,000 514,585
Anheuser-Busch InBev Worldwide, Inc.      
1.375%, 07/15/2017   1,761,000 1,782,921

 

Investment Quality Bond Trust (continued)  
    Shares or  
    Principal  
    Amount Value
 
 
CORPORATE BONDS (continued)      
Consumer Staples (continued)      
Anheuser-Busch InBev      
Worldwide, Inc. (continued)      
8.200%, 01/15/2039 $ 370,000 $ 618,839
Cargill, Inc.      
4.307%, 05/14/2021 (S)   1,000,000 1,109,436
Coca-Cola Enterprises, Inc.      
2.125%, 09/15/2015   950,000 979,362
ConAgra Foods, Inc.      
1.350%, 09/10/2015   265,000 266,847
Constellation Brands, Inc.      
4.625%, 03/01/2023   10,000 10,200
7.250%, 09/01/2016 to 05/15/2017   320,000 372,475
CVS Caremark Corp.      
6.250%, 06/01/2027   210,000 275,379
6.600%, 03/15/2019   300,000 383,449
CVS Pass-Through Trust      
6.943%, 01/10/2030   518,471 631,581
General Mills, Inc.      
5.650%, 02/15/2019   225,000 273,349
Kraft Foods Group, Inc.      
3.500%, 06/06/2022 (S)   620,000 655,248
Kraft Foods, Inc.      
6.500%, 02/09/2040   280,000 379,716
6.875%, 01/26/2039   445,000 612,336
Lorillard Tobacco Company      
8.125%, 06/23/2019   220,000 283,757
Molson Coors Brewing Company      
3.500%, 05/01/2022   170,000 180,169
PepsiCo, Inc.      
7.900%, 11/01/2018   107,000 145,099
Pernod-Ricard SA      
5.750%, 04/07/2021 (S)   1,136,000 1,351,824
Revlon Consumer Products Corp.      
9.750%, 11/15/2015   25,000 26,438
Reynolds American, Inc.      
7.250%, 06/01/2013   295,000 307,242
Reynolds Group Issuer, Inc.      
6.875%, 02/15/2021   385,000 406,175
SABMiller Holdings, Inc.      
2.450%, 01/15/2017 (S)   760,000 795,092
Wal-Mart Stores, Inc.      
6.500%, 08/15/2037   1,000,000 1,434,292
 
      14,908,946
Energy - 3.8%      
Alpha Natural Resources, Inc.      
6.000%, 06/01/2019   16,000 13,360
6.250%, 06/01/2021   11,000 9,158
Anadarko Petroleum Corp.      
6.375%, 09/15/2017   30,000 36,176
6.450%, 09/15/2036   640,000 793,770
Antero Resources Finance Corp.      
9.375%, 12/01/2017   20,000 22,100
BP Capital Markets PLC      
1.846%, 05/05/2017   295,000 301,396
Burlington Resources Finance Company      
7.400%, 12/01/2031   541,000 794,094
ConocoPhillips      
5.900%, 05/15/2038   200,000 266,865
CONSOL Energy, Inc.      
8.000%, 04/01/2017   25,000 26,125
8.250%, 04/01/2020   25,000 26,188
Continental Resources, Inc.      
5.000%, 09/15/2022   180,000 187,650

 

235

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Investment Quality Bond Trust (continued)  
    Shares or  
    Principal  
    Amount Value
 
 
CORPORATE BONDS (continued)      
Energy (continued)      
El Paso Corp.      
6.500%, 09/15/2020 $ 265,000 $ 297,564
7.000%, 06/15/2017   560,000 642,734
El Paso Natural Gas Company      
5.950%, 04/15/2017   85,000 97,860
Energy Transfer Equity LP      
7.500%, 10/15/2020   360,000 408,600
EP Energy LLC      
6.875%, 05/01/2019 (S)   45,000 48,150
Gazprom Neft OAO      
4.375%, 09/19/2022 (S)   1,175,000 1,188,377
Harvest Operations Corp.      
6.875%, 10/01/2017   165,000 180,675
Hornbeck Offshore Services, Inc.      
5.875%, 04/01/2020   165,000 168,300
Kinder Morgan Energy Partners LP      
6.850%, 02/15/2020   1,045,000 1,312,714
Kinder Morgan Finance Company LLC      
6.000%, 01/15/2018 (S)   291,000 315,466
MarkWest Energy Partners LP      
5.500%, 02/15/2023   10,000 10,475
Newfield Exploration Company      
5.625%, 07/01/2024   60,000 66,600
5.750%, 01/30/2022   45,000 50,288
6.875%, 02/01/2020   140,000 153,650
7.125%, 05/15/2018   130,000 137,150
Nexen, Inc.      
6.200%, 07/30/2019   515,000 623,997
7.500%, 07/30/2039   125,000 178,335
Peabody Energy Corp.      
6.500%, 09/15/2020   421,000 430,473
7.375%, 11/01/2016   60,000 67,950
Petrobras International Finance Company      
3.875%, 01/27/2016   740,000 782,902
5.375%, 01/27/2021   1,175,000 1,324,226
5.750%, 01/20/2020   725,000 826,504
6.750%, 01/27/2041   196,000 243,538
Pioneer Natural Resources Company      
6.650%, 03/15/2017   115,000 136,541
6.875%, 05/01/2018   150,000 182,162
Pride International, Inc.      
6.875%, 08/15/2020   20,000 25,323
Range Resources Corp.      
5.000%, 08/15/2022   20,000 21,100
5.750%, 06/01/2021   40,000 43,000
6.750%, 08/01/2020   25,000 27,500
7.500%, 10/01/2017   50,000 52,000
Ras Laffan Liquefied Natural Gas      
Company, Ltd. III      
5.500%, 09/30/2014 (S)   395,000 427,260
Transocean, Inc.      
2.500%, 10/15/2017   210,000 211,214
4.950%, 11/15/2015   800,000 875,826
Valero Energy Corp.      
8.750%, 06/15/2030   403,000 512,541
Williams Partners LP      
3.350%, 08/15/2022   805,000 823,075
 
      15,370,952
Financials - 19.1%      
AIG Retirement Services, Inc.      
8.125%, 04/28/2023   865,000 1,084,495
Allied World Assurance Company, Ltd.      
7.500%, 08/01/2016   205,000 238,459

 

Investment Quality Bond Trust (continued)  
    Shares or  
    Principal  
    Amount Value
 
 
CORPORATE BONDS (continued)      
Financials (continued)      
American Express Centurion Bank      
6.000%, 09/13/2017 $ 950,000 $ 1,152,630
American International Group, Inc.      
2.375%, 08/24/2015   290,000 293,094
4.875%, 09/15/2016   600,000 669,868
5.450%, 05/18/2017   95,000 108,338
AXA Equitable Life Insurance Company      
7.700%, 12/01/2015 (S)   680,000 777,696
Bank of America Corp.      
5.000%, 05/13/2021   225,000 247,368
5.625%, 07/01/2020   945,000 1,077,799
5.700%, 01/24/2022   600,000 704,893
5.750%, 12/01/2017   600,000 690,490
5.875%, 01/05/2021   1,500,000 1,730,865
Bank One Michigan      
8.250%, 11/01/2024   1,730,000 2,342,131
Barclays Bank PLC      
6.050%, 12/04/2017 (S)   950,000 1,022,493
Brandywine Operating Partnership LP      
4.950%, 04/15/2018   400,000 429,838
5.700%, 05/01/2017   825,000 919,483
Capital One Financial Corp.      
6.150%, 09/01/2016   950,000 1,084,618
CIT Group, Inc.      
5.250%, 03/15/2018   140,000 150,150
Citigroup, Inc.      
2.250%, 08/07/2015   150,000 152,288
4.450%, 01/10/2017   680,000 747,043
4.875%, 05/07/2015   614,000 652,979
5.375%, 08/09/2020   440,000 508,791
6.125%, 11/21/2017 to 08/25/2036   2,060,000 2,355,142
6.875%, 03/05/2038   365,000 480,202
8.500%, 05/22/2019   850,000 1,124,310
Credit Acceptance Corp.      
9.125%, 02/01/2017   120,000 132,300
Discover Financial Services      
6.450%, 06/12/2017   885,000 1,004,911
Duke Realty LP      
6.750%, 03/15/2020   340,000 408,596
DuPont Fabros Technology LP      
8.500%, 12/15/2017   155,000 170,888
Equity One, Inc.      
6.000%, 09/15/2017   400,000 450,752
Everest Reinsurance Holdings, Inc.,      
(6.600% to 05/15/2017, then 3 month      
LIBOR + 2.385%)      
05/15/2037   1,475,000 1,500,813
Farmers Exchange Capital      
7.050%, 07/15/2028 (S)   525,000 637,768
General Electric Capital Corp.      
2.300%, 04/27/2017   800,000 822,530
3.150%, 09/07/2022   710,000 711,583
4.650%, 10/17/2021   2,175,000 2,438,207
5.625%, 05/01/2018   500,000 589,794
5.875%, 01/14/2038   680,000 811,247
General Electric Capital Corp., (6.250% to      
12/15/22, then 3 month      
LIBOR + 4.704%)      
12/15/2049   400,000 422,212
Hartford Financial Services Group, Inc.,      
(8.125% to 06/15/2018, then 3 month      
LIBOR + 4.6025%)      
06/15/2038   390,000 448,988
HCP, Inc.      
3.750%, 02/01/2019   155,000 162,522

 

236

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Investment Quality Bond Trust (continued)  
    Shares or  
    Principal  
    Amount Value
 
 
CORPORATE BONDS (continued)      
Financials (continued)      
HCP, Inc. (continued)      
5.650%, 12/15/2013 $ 450,000 $ 474,969
7.072%, 06/08/2015   433,000 488,110
Health Care REIT, Inc.      
5.250%, 01/15/2022   781,000 879,651
Host Hotels & Resorts LP      
6.000%, 11/01/2020   315,000 348,075
HSBC Holdings PLC      
5.100%, 04/05/2021   395,000 456,415
6.800%, 06/01/2038   355,000 433,896
HSBC USA, Inc.      
2.375%, 02/13/2015   560,000 576,486
9.500%, 04/15/2014   865,000 957,513
ING US, Inc.      
5.500%, 07/15/2022 (S)   120,000 125,211
International Lease Finance Corp.      
5.650%, 06/01/2014   110,000 115,236
5.750%, 05/15/2016   450,000 477,187
5.875%, 04/01/2019   615,000 652,182
6.250%, 05/15/2019   50,000 53,750
6.375%, 03/25/2013   106,000 108,120
6.500%, 09/01/2014 (S)   20,000 21,500
6.625%, 11/15/2013   25,000 26,125
6.750%, 09/01/2016 (S)   25,000 28,094
7.125%, 09/01/2018 (S)   20,000 23,300
8.625%, 09/15/2015   25,000 28,469
Jackson National Life Insurance Company      
8.150%, 03/15/2027 (S)   648,000 802,268
JPMorgan Chase & Company      
3.250%, 09/23/2022   735,000 739,142
4.250%, 10/15/2020   510,000 557,337
4.350%, 08/15/2021   890,000 981,156
6.000%, 01/15/2018   770,000 918,256
Kimco Realty Corp.      
5.584%, 11/23/2015   410,000 452,421
6.875%, 10/01/2019   560,000 686,722
Lazard Group LLC      
6.850%, 06/15/2017   1,040,000 1,173,989
Liberty Property LP      
6.625%, 10/01/2017   210,000 250,359
Massachusetts Mutual Life Insurance      
Company      
8.875%, 06/01/2039 (S)   550,000 812,321
Merrill Lynch & Company, Inc.      
6.400%, 08/28/2017   1,500,000 1,745,418
7.750%, 05/14/2038   300,000 377,135
MetLife, Inc.      
1.756%, 12/15/2017   385,000 388,051
Metropolitan Life Global Funding I      
3.125%, 01/11/2016 (S)   1,050,000 1,117,864
5.125%, 04/10/2013 (S)   535,000 547,891
Morgan Stanley      
4.750%, 03/22/2017   705,000 756,026
6.250%, 08/28/2017   1,320,000 1,497,793
6.375%, 07/24/2042   590,000 650,533
6.625%, 04/01/2018   1,225,000 1,407,780
Nationwide Mutual Insurance Company      
8.250%, 12/01/2031 (S)   615,000 742,763
9.375%, 08/15/2039 (S)   250,000 342,413
Nordea Bank AB      
2.250%, 03/20/2015 (S)   325,000 330,882
4.875%, 05/13/2021 (S)   575,000 604,016
PNC Funding Corp.      
5.625%, 02/01/2017   1,100,000 1,266,613

 

Investment Quality Bond Trust (continued)  
    Shares or  
    Principal  
    Amount Value
 
 
CORPORATE BONDS (continued)      
Financials (continued)      
Principal Life Global Funding I      
6.125%, 10/15/2033 (S) $ 497,000 $ 586,671
ProLogis LP      
6.125%, 12/01/2016   505,000 576,749
7.500%, 06/30/2018   364,000 440,018
Provident Funding Associates LP      
10.250%, 04/15/2017 (S)   80,000 86,000
Realty Income Corp.      
6.750%, 08/15/2019   410,000 500,936
Royal Bank of Scotland Group PLC      
2.550%, 09/18/2015   550,000 556,618
SLM Corp.      
4.625%, 09/25/2017   225,000 228,291
6.000%, 01/25/2017   85,000 92,544
6.250%, 01/25/2016   936,000 1,015,560
7.250%, 01/25/2022   55,000 61,600
8.000%, 03/25/2020   10,000 11,550
8.450%, 06/15/2018   150,000 175,723
Sovereign Bank      
8.750%, 05/30/2018   250,000 287,273
Sun Canada Financial Company      
7.250%, 12/15/2015 (S)   1,471,000 1,667,142
SunTrust Banks, Inc.      
3.600%, 04/15/2016   705,000 753,323
The Bear Stearns Companies LLC      
6.400%, 10/02/2017   85,000 102,222
The Goldman Sachs Group, Inc.      
5.250%, 07/27/2021   410,000 452,095
5.375%, 03/15/2020   180,000 200,911
5.750%, 01/24/2022   1,700,000 1,958,621
6.750%, 10/01/2037   1,530,000 1,640,691
7.500%, 02/15/2019   231,000 286,529
The Royal Bank of Scotland PLC      
4.875%, 08/25/2014 (S)   700,000 743,804
UBS AG      
7.625%, 08/17/2022   485,000 507,202
UDR, Inc.      
6.050%, 06/01/2013   500,000 515,953
US Bancorp      
7.500%, 06/01/2026   1,624,000 2,062,511
Ventas Realty LP      
4.750%, 06/01/2021   575,000 632,075
Wachovia Bank NA      
6.919%, 12/15/2036   500,000 654,266
Wells Fargo & Company      
2.100%, 05/08/2017   625,000 646,758
3.676%, 06/15/2016   700,000 762,097
4.950%, 10/16/2013   1,130,000 1,178,877
Wells Fargo & Company, Series K (7.980%      
to 03/15/2018, then 3 month      
LIBOR + 3.770%)      
03/29/2049 (Q)   70,000 80,413
Weyerhaeuser Company      
7.950%, 03/15/2025   260,000 307,184
 
      76,654,219
Health Care - 3.0%      
Alere, Inc.      
9.000%, 05/15/2016   35,000 37,363
AmerisourceBergen Corp.      
5.875%, 09/15/2015   1,260,000 1,439,774
Amgen, Inc.      
3.875%, 11/15/2021   1,090,000 1,171,499
6.400%, 02/01/2039   345,000 434,378

 

237

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Investment Quality Bond Trust (continued)  
    Shares or  
    Principal  
    Amount Value
 
 
CORPORATE BONDS (continued)      
Health Care (continued)      
Bio-Rad Laboratories, Inc.      
8.000%, 09/15/2016 $ 15,000 $ 16,425
Biomet, Inc.      
10.000%, 10/15/2017   10,000 10,550
BioScrip, Inc.      
10.250%, 10/01/2015   15,000 16,163
Cigna Corp.      
4.000%, 02/15/2022   585,000 630,681
Community Health Systems, Inc.      
5.125%, 08/15/2018   51,000 52,913
Express Scripts Holding Company      
2.100%, 02/12/2015 (S)   1,575,000 1,615,718
Fresenius Medical Care US Finance II, Inc.      
5.625%, 07/31/2019 (S)   15,000 15,975
5.875%, 01/31/2022 (S)   11,000 11,770
Fresenius Medical Care US Finance, Inc.      
6.500%, 09/15/2018 (S)   10,000 11,275
Fresenius US Finance II, Inc.      
9.000%, 07/15/2015 (S)   45,000 51,863
HCA, Inc.      
5.875%, 03/15/2022   150,000 162,563
6.375%, 01/15/2015   15,000 16,163
6.500%, 02/15/2020   365,000 406,063
8.500%, 04/15/2019   125,000 140,938
Hologic, Inc.      
6.250%, 08/01/2020 (S)   10,000 10,600
Medco Health Solutions, Inc.      
7.125%, 03/15/2018   415,000 521,198
Pfizer, Inc.      
6.200%, 03/15/2019   1,030,000 1,312,439
Roche Holdings, Inc.      
6.000%, 03/01/2019 (S)   775,000 973,166
Tenet Healthcare Corp.      
6.250%, 11/01/2018   330,000 363,825
8.875%, 07/01/2019   150,000 169,500
Watson Pharmaceuticals, Inc.      
3.250%, 10/01/2022   480,000 486,269
WellPoint, Inc.      
4.650%, 01/15/2043   720,000 730,502
5.850%, 01/15/2036   400,000 464,158
7.000%, 02/15/2019   485,000 605,127
 
      11,878,858
Industrials - 2.0%      
Air Lease Corp.      
4.500%, 01/15/2016 (S)   105,000 105,000
BE Aerospace, Inc.      
5.250%, 04/01/2022   236,000 245,440
6.875%, 10/01/2020   50,000 55,500
Bombardier, Inc.      
7.500%, 03/15/2018 (S)   145,000 164,213
7.750%, 03/15/2020 (S)   75,000 86,063
Case New Holland, Inc.      
7.750%, 09/01/2013   35,000 36,619
7.875%, 12/01/2017   420,000 492,450
Clean Harbors, Inc.      
5.250%, 08/01/2020 (S)   66,000 67,980
CNH America LLC      
7.250%, 01/15/2016   30,000 33,675
Continental Airlines 1997-4 Class A Pass      
Through Trust      
6.900%, 01/02/2018   200,322 218,351
Continental Airlines 1998-1 Class A Pass      
Through Trust      
6.648%, 09/15/2017   323,387 349,258

 

Investment Quality Bond Trust (continued)  
    Shares or  
    Principal  
    Amount Value
 
 
CORPORATE BONDS (continued)      
Industrials (continued)      
Continental Airlines 2007-1 Class A Pass      
Through Trust      
5.983%, 04/19/2022 $ 13,680 $ 15,253
Continental Airlines 2007-1 Class B Pass      
Through Trust      
6.903%, 04/19/2022   4,770 5,020
Continental Airlines 2012-2 Class A Pass      
Thru Certificates      
4.000%, 10/29/2024   680,000 696,150
Crown Americas LLC      
6.250%, 02/01/2021   235,000 262,025
Deluxe Corp.      
7.375%, 06/01/2015   110,000 111,925
ERAC USA Finance LLC      
5.250%, 10/01/2020 (S)   1,200,000 1,364,696
Esterline Technologies Corp.      
7.000%, 08/01/2020   45,000 49,950
Huntington Ingalls Industries, Inc.      
6.875%, 03/15/2018   16,000 17,340
7.125%, 03/15/2021   161,000 173,276
Hutchison Whampoa International 11, Ltd.      
3.500%, 01/13/2017 (S)   1,060,000 1,124,542
Marquette Transportation Company      
10.875%, 01/15/2017   30,000 31,575
Masco Corp.      
6.500%, 08/15/2032   110,000 114,011
7.125%, 03/15/2020   125,000 142,315
7.750%, 08/01/2029   130,000 137,439
Meritor, Inc.      
8.125%, 09/15/2015   25,000 26,250
10.625%, 03/15/2018   30,000 31,650
Owens Corning      
9.000%, 06/15/2019   15,000 18,881
Southwest Airlines Company 2007-1 Pass      
Through Trust      
6.150%, 08/01/2022   613,654 694,963
Textron, Inc.      
7.250%, 10/01/2019   380,000 448,528
UR Merger Sub Corp.      
5.750%, 07/15/2018 (S)   25,000 26,406
10.875%, 06/15/2016   15,000 16,688
US Airways 2010-1 Class A Pass      
Through Trust      
6.250%, 04/22/2023   70,158 74,543
Waste Management, Inc.      
6.375%, 03/11/2015   375,000 421,909
 
      7,859,884
Information Technology - 0.2%      
Anixter, Inc.      
5.625%, 05/01/2019   30,000 31,350
Audatex North America, Inc.      
6.750%, 06/15/2018 (S)   50,000 53,375
Equinix, Inc.      
8.125%, 03/01/2018   45,000 49,950
Fidelity National Information Services, Inc.      
5.000%, 03/15/2022   135,000 139,388
7.625%, 07/15/2017   15,000 16,425
Hughes Satellite Systems Corp.      
6.500%, 06/15/2019   80,000 85,600
Jabil Circuit, Inc.      
5.625%, 12/15/2020   35,000 37,450
Mantech International Corp.      
7.250%, 04/15/2018   20,000 21,100

 

238

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Investment Quality Bond Trust (continued)  
    Shares or  
    Principal  
    Amount Value
 
 
CORPORATE BONDS (continued)      
Information Technology (continued)      
NCR Corp.      
5.000%, 07/15/2022 (S) $ 20,000 $ 20,200
Seagate HDD Cayman      
6.875%, 05/01/2020   110,000 117,288
7.000%, 11/01/2021   310,000 331,700
 
      903,826
Materials - 1.2%      
Agrium, Inc.      
7.125%, 05/23/2036   475,000 642,577
ArcelorMittal      
6.500%, 02/25/2022   385,000 379,293
Ball Corp.      
5.000%, 03/15/2022   70,000 73,325
6.750%, 09/15/2020   80,000 88,000
Celanese US Holdings LLC      
6.625%, 10/15/2018   30,000 32,850
CF Industries, Inc.      
7.125%, 05/01/2020   45,000 56,475
Clearwater Paper Corp.      
7.125%, 11/01/2018   40,000 43,500
Corp Nacional del Cobre de Chile      
6.375%, 11/30/2012 (S)   335,000 337,761
Fibria Overseas Finance, Ltd.      
7.500%, 05/04/2020 (S)   300,000 327,000
FMG Resources August 2006 Pty, Ltd.      
6.000%, 04/01/2017 (S)   550,000 511,500
Georgia-Pacific LLC      
5.400%, 11/01/2020 (S)   45,000 52,752
Neenah Paper, Inc.      
7.375%, 11/15/2014   20,000 20,150
Nufarm Australia, Ltd.      
6.375%, 10/15/2019 (S)   80,000 80,000
Owens-Brockway Glass Container, Inc.      
7.375%, 05/15/2016   240,000 275,400
PH Glatfelter Company      
5.375%, 10/15/2020 (S)   15,000 15,150
Rock-Tenn Company      
3.500%, 03/01/2020 (S)   15,000 15,163
4.000%, 03/01/2023 (S)   105,000 106,038
Silgan Holdings, Inc.      
5.000%, 04/01/2020   305,000 319,106
The Dow Chemical Company      
4.250%, 11/15/2020   200,000 220,096
5.900%, 02/15/2015   800,000 891,287
Vale Canada, Ltd.      
5.700%, 10/15/2015   217,000 238,442
 
      4,725,865
Telecommunication Services - 2.5%      
America Movil SAB de CV      
3.125%, 07/16/2022   635,000 654,521
Ameritech Capital Funding Corp.      
6.450%, 01/15/2018   952,000 1,099,890
AT&T, Inc.      
5.500%, 02/01/2018   140,000 169,872
6.300%, 01/15/2038   1,375,000 1,807,039
CenturyLink, Inc.      
5.800%, 03/15/2022   300,000 326,516
Cricket Communications, Inc.      
7.750%, 05/15/2016   345,000 363,975
eAccess, Ltd.      
8.250%, 04/01/2018 (S)   25,000 22,750
Frontier Communications Corp.      
8.250%, 04/15/2017   115,000 130,525

 

Investment Quality Bond Trust (continued)  
    Shares or  
    Principal  
    Amount Value
 
 
CORPORATE BONDS (continued)      
Telecommunication Services (continued)      
GTE Corp.      
8.750%, 11/01/2021 $ 515,000 $ 734,401
Intelsat Jackson Holdings SA      
8.500%, 11/01/2019   25,000 28,250
Qwest Communications International, Inc.      
8.000%, 10/01/2015   40,000 41,787
SBA Telecommunications, Inc.      
5.750%, 07/15/2020 (S)   21,000 22,050
8.250%, 08/15/2019   49,000 54,758
SBA Tower Trust      
2.933%, 12/15/2017 (S)   520,000 534,631
Sorenson Communications, Inc.      
10.500%, 02/01/2015 (S)   5,000 4,388
Sprint Nextel Corp.      
7.000%, 03/01/2020 (S)   75,000 84,000
9.000%, 11/15/2018 (S)   80,000 96,000
Telecom Italia Capital SA      
5.250%, 11/15/2013   250,000 257,813
6.000%, 09/30/2034   347,000 307,095
Telefonica Emisiones SAU      
7.045%, 06/20/2036   575,000 560,625
TW Telecom Holdings, Inc.      
5.375%, 10/01/2022 (S)   30,000 30,600
UPCB Finance VI, Ltd.      
6.875%, 01/15/2022 (S)   150,000 159,000
Verizon Wireless Capital LLC      
5.550%, 02/01/2014   1,295,000 1,377,564
Vivendi SA      
2.400%, 04/10/2015 (S)   725,000 734,627
Windstream Corp.      
7.875%, 11/01/2017   365,000 407,888
8.125%, 09/01/2018   60,000 64,800
 
      10,075,365
Utilities - 3.5%      
AmeriGas Finance LLC      
6.750%, 05/20/2020   145,000 154,788
7.000%, 05/20/2022   25,000 26,938
AmeriGas Partners LP      
6.500%, 05/20/2021   65,000 68,250
Calpine Corp.      
7.500%, 02/15/2021   190,000 205,200
CenterPoint Energy Resources Corp.      
6.125%, 11/01/2017   400,000 484,515
CenterPoint Energy, Inc.      
6.500%, 05/01/2018   165,000 198,141
Centrais Eletricas Brasileiras SA      
5.750%, 10/27/2021 (S)   490,000 545,125
Commonwealth Edison Company      
5.950%, 08/15/2016   400,000 470,626
Dominion Resources, Inc.      
1.400%, 09/15/2017   175,000 175,526
6.400%, 06/15/2018   870,000 1,085,476
7.000%, 06/15/2038   425,000 614,573
DPL, Inc.      
7.250%, 10/15/2021 (S)   355,000 404,700
Duke Energy Corp.      
5.650%, 06/15/2013   1,300,000 1,346,423
Edison International      
3.750%, 09/15/2017   495,000 531,829
Exelon Generation Company LLC      
4.250%, 06/15/2022 (S)   1,075,000 1,137,700
Ferrellgas LP      
6.500%, 05/01/2021   175,000 169,313

 

239

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Investment Quality Bond Trust (continued)  
    Shares or  
    Principal  
    Amount Value
 
CORPORATE BONDS (continued)      
Utilities (continued)      
Georgia Power Company      
5.250%, 12/15/2015 $ 250,000 $ 285,435
Ipalco Enterprises, Inc.      
7.250%, 04/01/2016 (S)   15,000 16,688
Nevada Power Company      
6.500%, 08/01/2018   450,000 573,452
Northern States Power Company      
6.500%, 03/01/2028   433,000 561,997
Ohio Edison Company      
6.875%, 07/15/2036   450,000 592,493
Oncor Electric Delivery Company LLC      
7.500%, 09/01/2038   395,000 516,117
Progress Energy, Inc.      
7.000%, 10/30/2031   270,000 357,547
Puget Sound Energy, Inc.      
5.757%, 10/01/2039   440,000 583,853
7.000%, 03/09/2029   346,000 459,786
Sierra Pacific Power Company      
6.000%, 05/15/2016   425,000 496,375
Southern California Edison Company      
6.000%, 01/15/2034   519,000 688,409
The AES Corp.      
8.000%, 06/01/2020   175,000 203,438
Union Electric Company      
3.900%, 09/15/2042   800,000 820,198
Wisconsin Energy Corp.      
6.200%, 04/01/2033   217,000 281,262
 
      14,056,173
TOTAL CORPORATE BONDS (Cost $162,679,501) $ 180,871,669
 
CAPITAL PREFERRED SECURITIES - 0.4%    
Financials - 0.4%      
ACE Capital Trust II , 9.700%, 04/01/2030   752,000 1,077,240
Capital One Capital IV (6.745% to      
02/17/2032, then 1 month      
LIBOR + 1.170%) 02/17/2037   400,000 402,500
 
      1,479,740
TOTAL CAPITAL PREFERRED      
SECURITIES (Cost $1,383,627)   $ 1,479,740
 
CONVERTIBLE BONDS - 0.0%      
Telecommunication Services - 0.0%      
Leap Wireless International, Inc.      
4.500%, 07/15/2014   50,000 47,625
TOTAL CONVERTIBLE BONDS (Cost $45,884) $ 47,625
 
MUNICIPAL BONDS - 3.8%      
Bay Area Toll Authority (California)      
6.263%, 04/01/2049   340,000 482,429
City of Chicago (Illinois)      
6.845%, 01/01/2038   990,000 1,140,252
Illinois State Toll Highway Authority      
6.184%, 01/01/2034   945,000 1,211,518
Irvine Ranch Water District Joint Powers      
Agency (California) 2.605%, 03/15/2014   900,000 928,233
Los Angeles Unified School District      
(California) 5.750%, 07/01/2034   1,000,000 1,177,860
Louisiana Local Government      
Environmental Facilities & Communities      
Development Authority      
2.470%, 02/01/2019   1,475,000 1,492,199
Maryland State Transportation Authority      
5.888%, 07/01/2043   290,000 390,819

 

Investment Quality Bond Trust (continued)  
    Shares or  
    Principal  
    Amount Value
 
 
MUNICIPAL BONDS (continued)      
New Jersey State Turnpike Authority      
7.414%, 01/01/2040 $ 865,000 $ 1,287,501
North Texas Tollway Authority      
6.718%, 01/01/2049   705,000 970,313
Port Authority of New York & New Jersey      
(New York) 6.040%, 12/01/2029   400,000 514,604
State of California      
7.600%, 11/01/2040   75,000 104,111
7.550%, 04/01/2039   650,000 887,185
7.300%, 10/01/2039   925,000 1,231,638
State of Illinois 5.665%, 03/01/2018   960,000 1,083,706
The Ohio State University      
4.800%, 06/01/2111   196,000 225,096
University of California      
5.770%, 05/15/2043   660,000 813,311
University of Missouri 5.960%, 11/01/2039   940,000 1,243,846
TOTAL MUNICIPAL BONDS (Cost $12,349,585) $ 15,184,621
 
COLLATERALIZED MORTGAGE      
OBLIGATIONS - 3.7%      
Commercial & Residential - 3.7%      
American Tower Trust, Series 2007-1A,      
Class AFX 5.420%, 04/15/2037 (S)   880,000 926,078
Banc of America Merrill Lynch      
Commercial Mortgage, Inc.,      
Series 2007-4, Class A4      
5.920%, 02/10/2051 (P)   1,030,000 1,217,186
Bear Stearns Commercial      
Mortgage Securities      
Series 2006-PW14, Class A4,      
5.201%, 12/11/2038   1,210,000 1,394,352
Series 2007-T26, Class A4,      
5.471%, 01/12/2045 (P)   335,000 389,221
Series 2007-PW16, Class A4,      
5.906%, 06/11/2040 (P)   1,030,000 1,215,045
Citigroup/Deutsche Bank Commercial      
Mortgage Trust, Series 2007-CD4,      
Class AJ 5.398%, 12/11/2049 (P)   360,000 194,422
Commercial Mortgage Pass Through      
Certificates, Series 2010-C1, Class A3      
4.205%, 07/10/2046 (S)   715,000 815,279
DBUBS Mortgage Trust,      
Series 2011-LC1A, Class A3      
5.002%, 11/10/2046 (S)   1,040,000 1,241,792
General Electric Capital Assurance      
Company, Series 2003-1, Class A5      
5.743%, 05/12/2035 (P)(S)   570,725 697,453
GS Mortgage Securities Corp. II,      
Series 2011-GC3, Class A4      
4.753%, 03/10/2044 (S)   1,060,000 1,248,810
JPMorgan Chase Commercial Mortgage      
Securities Corp., Series 2006-CB14,      
Class A4 5.481%, 12/12/2044 (P)   1,500,000 1,690,851
LB-UBS Commercial Mortgage Trust,      
Series 2006-C4, Class A4      
6.064%, 06/15/2038 (P)   1,030,000 1,190,280
Merrill Lynch Mortgage Trust,      
Series 2006-C1, Class A4      
5.847%, 05/12/2039 (P)   500,000 575,492
Morgan Stanley Capital I, Series 2007-T27,      
Class A4 5.823%, 06/11/2042 (P)   150,000 177,441
OBP Depositor LLC Trust,      
Series 2010-OBP, Class A      
4.646%, 07/15/2045 (S)   746,000 879,464

 

240

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Investment Quality Bond Trust (continued)  
    Shares or  
    Principal  
    Amount Value
 
 
COLLATERALIZED MORTGAGE      
OBLIGATIONS (continued)      
Commercial & Residential (continued)      
UBS-Barclays Commercial Mortgage Trust,      
Series 2012-C3, Class E      
4.958%, 08/10/2049 (P)(S) $ 410,000 $ 248,973
WFRBS Commercial Mortgage Trust      
Series 2011-C2, Series A4,      
4.869%, 02/15/2044 (P)(S)   585,000 686,814
Series 2011-C4, Class F,      
5.000%, 06/15/2044 (P)(S)   200,000 143,238
U.S. Government Agency - 0.0%      
Government National Mortgage      
Association, Series 2006-38, Class XS      
IO 7.029%, 09/16/2035 (P)   245,947 60,908
TOTAL COLLATERALIZED MORTGAGE      
OBLIGATIONS (Cost $13,839,032)   $ 14,993,099
 
ASSET BACKED SECURITIES - 3.3%      
Ally Master Owner Trust      
Series 2011-4, Class A2,      
1.540%, 09/15/2016   1,335,000 1,352,139
Series 2010-3, Class B,      
3.470%, 04/15/2015 (S)   675,000 679,346
Avis Budget Rental Car      
Funding AESOP LLC      
Series 2009-2A, Class A,      
5.680%, 02/20/2014 (S)   1,050,000 1,062,209
Series 2009-1A, Class A,      
9.310%, 10/20/2013 (S)   91,667 92,141
Bank of America Auto Trust,      
Series 2010-2, Class A4      
1.940%, 06/15/2017   800,000 810,446
CarNow Auto Receivables Trust,      
Series 2012-1A, Class A      
2.090%, 01/15/2015 (S)   152,901 152,972
CPS Auto Trust, Series 2012-C, Class A      
1.820%, 12/16/2019 (S)   420,000 422,153
Credit Acceptance Auto Loan Trust,      
Series 2012-1A, Class B      
3.120%, 03/16/2020 (S)   445,000 449,057
First Investors Auto Owner Trust,      
Series 2012-1A, Class A2      
1.960%, 11/15/2017 (S)   426,675 432,658
Ford Credit Auto Lease Trust,      
Series 2012-A, Class B      
1.610%, 10/15/2016 (S)   885,000 891,054
Ford Credit Auto Owner Trust,      
Series 2009-E, Class A3      
1.510%, 01/15/2014   38,485 38,520
Hertz Vehicle Financing LLC      
Series 2010-1A, Class A2,      
3.740%, 02/25/2017 (S)   1,095,000 1,185,489
Series 2009-2A, Class A1,      
4.260%, 03/25/2014 (S)   285,000 287,969
Huntington Auto Trust, Series 2012-1,      
Class B 1.710%, 08/15/2017   291,000 296,168
LCM LP, Series 8A, Class A      
2.055%, 01/14/2021 (P)(S)   1,100,000 1,106,225
Massachusetts RRB Special Purpose Trust,      
Series 2001-1, Class A      
6.530%, 06/01/2015   76,714 78,341
Prestige Auto Receivables Trust,      
Series 2012-1, Class B      
2.490%, 04/16/2018 (S)   336,000 341,533

 

Investment Quality Bond Trust (continued)  
    Shares or    
    Principal    
    Amount   Value
 
 
ASSET BACKED SECURITIES (continued)      
Santander Drive Auto Receivables Trust        
Series 2010-2, Class A3,        
1.240%, 02/17/2014 $ 575,812  $ 576,474
Series 2012-5, Class B,        
1.560%, 08/15/2018   550,000   551,459
Series 2011-1, Class B,        
2.350%, 11/16/2015   945,000   959,849
Saxon Asset Securities Trust,        
Series 2006-3, Class A3        
0.387%, 10/25/2046 (P)   800,000   480,266
Securitized Asset Backed        
Receivables LLC, Series 2006-HE1,        
Class A2B 0.307%, 07/25/2036 (P)   1,096,729   440,255
SNAAC Auto Receivables Trust,        
Series 2012-1A, Class A        
1.780%, 06/15/2016 (S)   237,606   238,046
Volvo Financial Equipment LLC,        
Series 2012-1A, Class B        
1.510%, 08/15/2017 (S)   176,000   178,085
TOTAL ASSET BACKED SECURITIES (Cost $12,871,429) $ 13,102,854
 
SHORT-TERM INVESTMENTS - 8.3%        
Repurchase Agreement - 8.3%        
Deutsche Bank Tri-Party Repurchase        
Agreement dated 09/28/2012 at 0.250%        
to be repurchased at $12,800,267 on        
10/01/2012, collateralized by        
$11,685,407 Government National        
Mortgage Association, 3.500% - 5.500%        
due 01/15/2035 - 09/15/2042 (valued at        
$13,013,447, including interest)   12,800,000   12,800,000
UBS Warburg Tri-Party Repurchase        
Agreement dated 09/28/2012 at 0.200%        
to be repurchased at $20,600,343 on        
10/01/2012, collateralized by        
$19,373,270 General National Mortgage        
Association, 4.000% - 4.500% due        
05/20/2026 - 07/20/2042 (valued at        
$20,952,884, including interest)   20,600,000   20,600,000
 
        33,400,000
TOTAL SHORT-TERM INVESTMENTS (Cost $33,400,000) $ 33,400,000
Total Investments (Investment Quality Bond Trust)    
(Cost $383,111,201) - 102.9%     $ 412,529,856
Other assets and liabilities, net - (2.9%)       (11,495,356)
TOTAL NET ASSETS - 100.0%     $ 401,034,500
 
 
 
Lifestyle Aggressive Trust      
    Shares or    
    Principal    
    Amount   Value
 
 
AFFILIATED INVESTMENT COMPANIES (G) - 100.0%    
Equity - 100.0%        
All Cap Core, Series NAV (QS Investors)   665,337 $ 12,574,876
All Cap Value, Series NAV (Lord Abbett)   2,047,214   17,032,816
Alpha Opportunities, Series NAV (Wellington) 2,381,181   30,812,487
Blue Chip Growth, Series NAV (T. Rowe Price) 1,355,180   33,147,697
Capital Appreciation Value, Series NAV (T.      
Rowe Price)   643,118   7,505,192
Capital Appreciation, Series NAV (Jennison) 2,352,645   27,431,844

 

241

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Lifestyle Aggressive Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
AFFILIATED INVESTMENT COMPANIES (G) (continued)  
Equity (continued)    
Emerging Markets Value,    
Series NAV (DFA) (A)(1) 3,981,479 $ 40,372,195
Equity-Income, Series NAV (T. Rowe Price) 1,740,798 26,895,330
Fundamental Large Cap Value, Series NAV    
(John Hancock) (1)(A) 1,447,138 17,032,817
Fundamental Value, Series NAV (Davis) 1,726,075 26,201,821
Growth Equity, Series NAV (Rainier) (I) 1,333,064 17,143,201
Heritage, Series NAV (American Century) 341,623 3,979,911
International Core, Series NAV (GMO) 1,814,580 16,712,283
International Growth Opportunities (Baillie) (I) 577,798 6,165,101
International Growth Stock,    
Series NAV (Invesco) 619,601 8,600,064
International Opportunities,    
Series NAV (Invesco) (I) 334,512 3,813,437
International Small Company,    
Series NAV (DFA) (A)(1) 872,001 8,458,413
International Value, Series NAV (Franklin) 1,586,664 17,691,306
Mid Cap Stock, Series NAV (Wellington) (I) 679,128 10,553,649
Mid Cap Value Equity, Series NAV (Columbia) 196,798 2,109,680
Mid Value, Series NAV (T. Rowe Price) 707,277 7,956,869
Mutual Shares, Series NAV (Franklin) 955,058 10,238,216
Natural Resources, Series NAV    
(RS Investments/Wellington) 1,331,377 13,353,715
Real Estate Securities, Series NAV (Deutsche) 602,655 8,322,665
Small Cap Growth, Series NAV (Wellington) 337,908 3,159,436
Small Cap Opportunities,    
Series NAV (DFA/Invesco) (A)(I)(1) 259,326 5,492,529
Small Cap Value, Series NAV (Wellington) 168,122 3,369,162
Small Company Growth,    
Series NAV (Invesco) (I) 118,387 2,098,994
Small Company Value, Series NAV (T.    
Rowe Price) 205,347 3,813,302
Smaller Company Growth, Series NAV    
(Frontier/John Hancock (2)(A)/Perimeter) (I) 123,271 2,111,626
U.S. Equity, Series NAV (GMO) 1,766,107 25,785,163
Value, Series NAV (Invesco) 210,715 3,978,291
Total Investments (Lifestyle Aggressive Trust)    
(Cost $383,366,714) - 100.0% $ 423,914,088
Other assets and liabilities, net - 0.0%   (45,669)
TOTAL NET ASSETS - 100.0% $ 423,868,419
 
 
 
Lifestyle Balanced Trust    
  Shares or  
  Principal  
  Amount Value
 
 
AFFILIATED INVESTMENT COMPANIES (G) - 100.0%  
Equity - 51.1%    
All Cap Core, Series NAV (QS Investors) 6,397,525 $ 120,913,222
All Cap Value, Series NAV (Lord Abbett) 18,166,049 151,141,527
Alpha Opportunities, Series NAV (Wellington) 23,344,212 302,074,105
Blue Chip Growth, Series NAV (T. Rowe Price) 11,122,435 272,054,749
Capital Appreciation, Series NAV (Jennison) 18,147,353 211,598,138
Emerging Markets Value,    
Series NAV (DFA) (A)(1) 35,773,143 362,739,666
Equity-Income, Series NAV (T. Rowe Price) 21,521,771 332,511,362
Fundamental Large Cap Value, Series NAV    
(John Hancock) (1)(A) 12,841,251 151,141,527
Fundamental Value, Series NAV (Davis) 19,913,245 302,283,055
Growth Equity, Series NAV (Rainier) (I) 11,752,840 151,141,527
Heritage, Series NAV (American Century) 5,189,409 60,456,611
International Core, Series NAV (GMO) 20,667,490 190,347,587

 

Lifestyle Balanced Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
AFFILIATED INVESTMENT COMPANIES (G) (continued)  
Equity (continued)    
International Growth Opportunities (Baillie) (I) 6,755,467 $ 72,080,834
International Growth Stock,    
Series NAV (Invesco) 8,799,484 122,136,838
International Opportunities,    
Series NAV (Invesco) (I) 2,153,352 24,548,216
International Value, Series NAV (Franklin) 17,992,706 200,618,670
Mid Cap Stock, Series NAV (Wellington) (I) 5,835,580 90,684,916
Mid Cap Value Equity, Series NAV (Columbia) 5,639,609 60,456,611
Mid Value, Series NAV (T. Rowe Price) 8,060,881 90,684,916
Small Cap Growth, Series NAV (Wellington) 4,514,259 42,208,325
Small Cap Value, Series NAV (Wellington) 2,707,316 54,254,610
Small Company Growth,    
Series NAV (Invesco) (I) 2,035,520 36,089,774
Small Company Value, Series NAV (T.    
Rowe Price) 3,569,640 66,288,220
Smaller Company Growth, Series NAV    
(Frontier/John Hancock (2)(A)/Perimeter) (I) 2,461,869 42,171,817
Strategic Equity Allocation, Series NAV    
(John Hancock) (A)(I)(2) 183,495,316 2,414,798,357
U.S. Equity, Series NAV (GMO) 16,563,455 241,826,444
Fixed Income - 48.9%    
Bond Trust, Series NAV (John Hancock) (A)(1) 178,224,862 2,530,793,034
Core Bond, Series NAV (Wells Capital) 50,499,152 711,028,064
Global Bond, Series NAV (PIMCO) 18,588,540 246,669,931
New Income, Series NAV (T. Rowe Price) 84,118,752 1,181,027,278
Short Term Government Income, Series NAV    
(John Hancock) (1)(A) 9,219,404 120,313,225
Total Return, Series NAV (PIMCO) 75,990,403 1,114,779,209
Total Investments (Lifestyle Balanced Trust)    
(Cost $10,757,332,450) - 100.0% $ 12,071,862,365
Other assets and liabilities, net - 0.0%   (434,008)
 
TOTAL NET ASSETS - 100.0% $ 12,071,428,357
 
 
 
Lifestyle Balanced PS Series    
  Shares or  
  Principal  
  Amount Value
 
 
AFFILIATED INVESTMENT COMPANIES (G) - 100.0%  
Alternative - 19.9%    
Strategic Allocation, Series NAV    
(John Hancock) (1)(A) 2,510,677 $ 31,709,849
Equity - 30.0%    
All Cap Core, Series NAV (QS Investors) 79,694 1,506,218
All Cap Value, Series NAV (Lord Abbett) 232,964 1,938,265
Alpha Opportunities, Series NAV (Wellington) 290,388 3,757,617
Blue Chip Growth, Series NAV (T. Rowe Price) 143,252 3,503,938
Capital Appreciation, Series NAV (Jennison) 233,881 2,727,047
Emerging Markets Value,    
Series NAV (DFA) (A)(1) 471,088 4,776,831
Equity-Income, Series NAV (T. Rowe Price) 278,103 4,296,685
Fundamental Large Cap Value, Series NAV    
(John Hancock) (1)(A) 164,678 1,938,265
Fundamental Value, Series NAV (Davis) 247,537 3,757,617
Growth Equity, Series NAV (Rainier) (I) 151,645 1,950,156
Heritage, Series NAV (American Century) 66,859 778,902
International Core, Series NAV (GMO) 253,059 2,330,674
International Growth Stock,    
Series NAV (Invesco) 79,389 1,101,917
International Opportunities,    
Series NAV (Invesco) (I) 136,297 1,553,783

 

242

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Lifestyle Balanced PS Series (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
AFFILIATED INVESTMENT COMPANIES (G) (continued)  
Equity (continued)    
International Value, Series NAV (Franklin) 236,046 $ 2,631,917
Mid Cap Stock, Series NAV (Wellington) (I) 73,745 1,145,997
Mid Cap Value Equity, Series NAV (Columbia) 72,471 776,891
Mid Value, Series NAV (T. Rowe Price) 101,472 1,141,555
Small Cap Growth, Series NAV (Wellington) 57,654 539,067
Small Cap Value, Series NAV (Wellington) 34,811 697,617
Small Company Growth,    
Series NAV (Invesco) (I) 25,933 459,793
Small Company Value, Series NAV (T.    
Rowe Price) 44,397 824,456
Smaller Company Growth, Series NAV    
(Frontier/John Hancock (2)(A)/Perimeter) (I) 31,512 539,806
U.S. Equity, Series NAV (GMO) 206,331 3,012,436
Fixed Income - 50.1%    
Bond PS, Series NAV (John Hancock) (1)(A) 5,983,285 79,757,190
Total Investments (Lifestyle Balanced PS Series)    
(Cost $150,411,955) - 100.0% $ 159,154,489
Other assets and liabilities, net - 0.0%   (35,006)
TOTAL NET ASSETS - 100.0% $ 159,119,483
 
 
 
Lifestyle Conservative Trust    
  Shares or  
  Principal  
  Amount Value
 
 
AFFILIATED INVESTMENT COMPANIES (G) - 100.0%  
Equity - 19.7%    
Blue Chip Growth, Series NAV (T. Rowe Price) 2,802,115 $ 68,539,724
Equity-Income, Series NAV (T. Rowe Price) 4,357,342 67,320,927
Fundamental Value, Series NAV (Davis) 2,815,489 42,739,119
International Core, Series NAV (GMO) 3,419,498 31,493,577
International Growth Opportunities (Baillie) (I) 514,984 5,494,881
International Opportunities,    
Series NAV (Invesco) (I) 712,763 8,125,496
International Value, Series NAV (Franklin) 2,952,924 32,925,103
Mid Cap Stock, Series NAV (Wellington) (I) 831,509 12,921,648
Mid Value, Series NAV (T. Rowe Price) 1,141,475 12,841,597
Small Cap Growth, Series NAV (Wellington) (I) 1,219,744 11,404,607
Small Cap Value, Series NAV (Wellington) 638,953 12,804,624
Strategic Equity Allocation, Series NAV    
(John Hancock) (A)(I)(2) 17,291,807 227,560,184
U.S. Equity, Series NAV (GMO) 2,462,593 35,953,862
Fixed Income - 80.3%    
Bond Trust, Series NAV (John Hancock) (A)(1) 70,247,317 997,511,903
Core Bond, Series NAV (Wells Capital) 19,813,832 278,978,758
Global Bond, Series NAV (PIMCO) 7,309,002 96,990,460
New Income, Series NAV (T. Rowe Price) 33,117,204 464,965,537
Short Term Government Income, Series NAV    
(John Hancock) (1)(A) 3,551,564 46,347,914
Total Return, Series NAV (PIMCO) 29,851,960 437,928,252
Total Investments (Lifestyle Conservative Trust)    
(Cost $2,701,646,905) - 100.0% $ 2,892,848,173
Other assets and liabilities, net - 0.0%   (123,937)
TOTAL NET ASSETS - 100.0% $ 2,892,724,236

 

Lifestyle Conservative PS Series  
  Shares or  
  Principal  
  Amount Value
 
 
AFFILIATED INVESTMENT COMPANIES (G) - 100.1%  
Alternative - 8.0%    
Strategic Allocation, Series NAV    
(John Hancock) (A)(1) 345,410 $ 4,362,523
Equity - 12.0%    
Blue Chip Growth, Series NAV (T. Rowe Price) 53,506 1,308,757
Equity-Income, Series NAV (T. Rowe Price) 82,944 1,281,489
Fundamental Value, Series NAV (Davis) 53,885 817,973
International Core, Series NAV (GMO) 65,130 599,847
International Opportunities,    
Series NAV (Invesco) (I) 23,917 272,658
International Value, Series NAV (Franklin) 56,243 627,113
Mid Cap Stock, Series NAV (Wellington) (I) 15,843 246,199
Mid Value, Series NAV (T. Rowe Price) 21,813 245,392
Small Cap Growth, Series NAV (Wellington) (I) 23,329 218,126
Small Cap Value, Series NAV (Wellington) 12,245 245,392
U.S. Equity, Series NAV (GMO) 46,688 681,644
Fixed Income - 80.0%    
Bond PS, Series NAV (John Hancock) (A)(1) 3,272,710 43,625,226
Total Investments (Lifestyle Conservative PS Series)  
(Cost $52,014,812) - 100.1% $ 54,532,339
Other assets and liabilities, net - (0.1%)   (33,770)
 
TOTAL NET ASSETS - 100.0% $ 54,498,569
 
 
 
Lifestyle Growth Trust    
  Shares or  
  Principal  
  Amount Value
 
 
AFFILIATED INVESTMENT COMPANIES (G) - 100.0%  
Equity - 71.2%    
All Cap Core, Series NAV (QS Investors) 7,607,637 $ 143,784,341
All Cap Value, Series NAV (Lord Abbett) 28,514,923 237,244,163
Alpha Opportunities, Series NAV (Wellington) 38,876,413 503,060,790
Blue Chip Growth, Series NAV (T. Rowe Price) 17,635,038 431,353,023
Capital Appreciation, Series NAV (Jennison) 30,828,547 359,460,853
Emerging Markets Value,    
Series NAV (DFA) (A)(1) 56,719,661 575,137,364
Equity-Income, Series NAV (T. Rowe Price) 39,087,005 603,894,232
Fundamental Large Cap Value, Series NAV    
(John Hancock) (A)(1) 20,156,683 237,244,163
Fundamental Value, Series NAV (Davis) 33,151,857 503,245,194
Growth Equity, Series NAV (Rainier) (I) 22,361,484 287,568,682
Heritage, Series NAV (American Century) 6,171,002 71,892,171
International Core, Series NAV (GMO) 30,735,189 283,071,086
International Growth Opportunities (Baillie) (I) 10,406,369 111,035,961
International Growth Stock,    
Series NAV (Invesco) 8,896,852 123,488,299
International Opportunities,    
Series NAV (Invesco) (I) 8,038,142 91,634,819
International Value, Series NAV (Franklin) 28,453,551 317,257,094
Mid Cap Stock, Series NAV (Wellington) (I) 9,252,072 143,777,203
Mid Cap Value Equity, Series NAV (Columbia) 6,697,090 71,792,800
Mid Value, Series NAV (T. Rowe Price) 12,780,830 143,784,341
Small Cap Growth, Series NAV (Wellington) 6,877,821 64,307,623
Small Cap Opportunities,    
Series NAV (DFA/Invesco) (A)(I)(1) 3,379,165 71,570,716
Small Cap Value, Series NAV (Wellington) 3,569,737 71,537,520
Small Company Growth,    
Series NAV (Invesco) (I) 3,220,739 57,103,701
Small Company Value, Series NAV (T.    
Rowe Price) 5,793,957 107,593,774

 

243

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Lifestyle Growth Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
AFFILIATED INVESTMENT COMPANIES (G) (continued)  
Equity (continued)    
Smaller Company Growth, Series NAV    
(Frontier/John Hancock (2)(A)/Perimeter) (I) 3,346,602 $ 57,327,289
Strategic Equity Allocation, Series NAV    
(John Hancock) (A)(I)(2) 308,299,742 4,057,224,601
U.S. Equity, Series NAV (GMO) 32,005,383 467,278,590
Fixed Income - 28.8%    
Bond Trust, Series NAV (John Hancock) (A)(1) 124,900,842 1,773,591,956
Core Bond, Series NAV (Wells Capital) 35,442,577 499,031,478
Global Bond, Series NAV (PIMCO) 12,936,913 171,672,831
New Income, Series NAV (T. Rowe Price) 58,874,378 826,596,269
Short Term Government Income, Series NAV    
(John Hancock) (A)(1) 6,534,115 85,270,198
Total Return, Series NAV (PIMCO) 52,844,833 775,233,702
 
COMMON STOCK - 0.0%    
Equity - 0.0%    
Facebook, Inc., Class A (I) 1,018 21,456
Facebook, Inc., Class B (I) 4,294 90,504
Total Investments (Lifestyle Growth Trust)    
(Cost $13,005,289,045) - 100.0% $ 14,325,178,787
Other assets and liabilities, net - 0.0%   (600,629)
TOTAL NET ASSETS - 100.0% $ 14,324,578,158
 
 
 
Lifestyle Growth PS Series    
  Shares or  
  Principal  
  Amount Value
 
 
AFFILIATED INVESTMENT COMPANIES (G) - 100.0%  
Alternative - 27.9%    
Strategic Allocation, Series NAV    
(John Hancock) (1)(A)(I) 3,644,194 $ 46,026,167
Equity - 42.0%    
All Cap Core, Series NAV (QS Investors) 81,755 1,545,164
All Cap Value, Series NAV (Lord Abbett) 320,559 2,667,052
Alpha Opportunities, Series NAV (Wellington) 419,205 5,424,513
Blue Chip Growth, Series NAV (T. Rowe Price) 200,266 4,898,495
Capital Appreciation, Series NAV (Jennison) 346,803 4,043,728
Emerging Markets Value,    
Series NAV (DFA) (A)(1) 649,380 6,584,711
Equity-Income, Series NAV (T. Rowe Price) 442,600 6,838,173
Fundamental Large Cap Value, Series NAV    
(John Hancock) (A)(1) 226,597 2,667,052
Fundamental Value, Series NAV (Davis) (I) 357,346 5,424,513
Growth Equity, Series NAV (Rainier) (I) 251,809 3,238,270
Heritage, Series NAV (American Century) (I) 69,268 806,970
International Core, Series NAV (GMO) 362,312 3,336,897
International Growth Stock,    
Series NAV (Invesco) 103,625 1,438,318
International Opportunities,    
Series NAV (Invesco) (I) 227,824 2,597,191
International Value, Series NAV (Franklin) 342,027 3,813,597
Mid Cap Stock, Series NAV (Wellington) (I) 97,634 1,517,235
Mid Cap Value Equity, Series NAV (Columbia) 75,136 805,458
Mid Value, Series NAV (T. Rowe Price) 134,426 1,512,288
Small Cap Growth, Series NAV (Wellington) (I) 77,355 723,268
Small Cap Opportunities,    
Series NAV (DFA/Invesco) (A)(I)(1) 44,238 936,961
Small Cap Value, Series NAV (Wellington) 40,193 805,458
Small Company Growth,    
Series NAV (Invesco) (I) 36,158 641,079

 

Lifestyle Growth PS Series (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
AFFILIATED INVESTMENT COMPANIES (G) (continued)  
Equity (continued)    
Small Company Value, Series NAV (T.    
Rowe Price) 65,504 $ 1,216,407
Smaller Company Growth, Series NAV    
(Frontier/John Hancock (2)(A)/Perimeter) (I) 37,449 641,502
U.S. Equity, Series NAV (GMO) 344,521 5,030,003
Fixed Income - 30.1%    
Bond PS, Series NAV (John Hancock) (1)(A)(I) 3,721,056 49,601,671
Total Investments (Lifestyle Growth PS Series)    
(Cost $153,470,070) - 100.0% $ 164,782,141
Other assets and liabilities, net - 0.0%   (35,796)
 
TOTAL NET ASSETS - 100.0% $ 164,746,345
 
 
 
Lifestyle Moderate Trust    
  Shares or  
  Principal  
  Amount Value
 
 
AFFILIATED INVESTMENT COMPANIES (G) - 100.0%  
Equity - 40.0%    
All Cap Value, Series NAV (Lord Abbett) 4,231,542 $ 35,206,431
Alpha Opportunities, Series NAV (Wellington) 5,581,014 72,218,318
Blue Chip Growth, Series NAV (T. Rowe Price) 4,059,697 99,300,188
Capital Appreciation, Series NAV (Jennison) 6,967,891 81,245,608
Equity-Income, Series NAV (T. Rowe Price) 7,128,345 110,132,936
Fundamental Large Cap Value, Series NAV    
(John Hancock) (1)(A) 2,991,201 35,206,430
Fundamental Value, Series NAV (Davis) 4,757,465 72,218,318
International Core, Series NAV (GMO) 6,784,118 62,481,724
International Growth Opportunities (Baillie) (I) 2,057,055 21,948,774
International Growth Stock,    
Series NAV (Invesco) 2,572,635 35,708,168
International Opportunities,    
Series NAV (Invesco) (I) 709,496 8,088,258
International Value, Series NAV (Franklin) 6,330,415 70,584,124
Mid Cap Stock, Series NAV (Wellington) (I) 2,091,264 32,498,243
Mid Value, Series NAV (T. Rowe Price) 2,888,733 32,498,243
Small Cap Growth, Series NAV (Wellington) 1,158,583 10,832,748
Small Cap Value, Series NAV (Wellington) 720,742 14,443,664
Small Company Growth,    
Series NAV (Invesco) (I) 507,514 8,998,228
Small Company Value, Series NAV (T.    
Rowe Price) 875,020 16,249,122
Smaller Company Growth, Series NAV    
(Frontier/John Hancock (2)(A)/Perimeter) (I) 631,677 10,820,620
Strategic Equity Allocation, Series NAV    
(John Hancock) (A)(I)(2) 43,901,713 577,746,547
U.S. Equity, Series NAV (GMO) 2,473,230 36,109,159
Fixed Income - 60.0%    
Bond Trust, Series NAV (John Hancock) (A)(1) 65,578,123 931,209,344
Core Bond, Series NAV (Wells Capital) 18,584,906 261,675,475
Global Bond, Series NAV (PIMCO) 6,789,249 90,093,331
New Income, Series NAV (T. Rowe Price) 30,848,800 433,117,152
Short Term Government Income, Series NAV    
(John Hancock) (1)(A) 3,317,952 43,299,278
Total Return, Series NAV (PIMCO) 27,679,601 406,059,741
Total Investments (Lifestyle Moderate Trust)    
(Cost $3,271,431,139) - 100.0% $ 3,609,990,172
Other assets and liabilities, net - 0.0%   (149,031)
 
TOTAL NET ASSETS - 100.0% $ 3,609,841,141

 

244

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Lifestyle Moderate PS Series    
  Shares or  
  Principal  
  Amount Value
 
 
AFFILIATED INVESTMENT COMPANIES (G) - 100.0%  
Alternative - 15.9%    
Strategic Allocation, Series NAV    
(John Hancock) (1)(A) 976,402 $ 12,331,957
Equity - 24.1%    
All Cap Value, Series NAV (Lord Abbett) 90,961 756,795
Alpha Opportunities, Series NAV (Wellington) 119,938 1,551,999
Blue Chip Growth, Series NAV (T. Rowe Price) 87,316 2,135,747
Capital Appreciation, Series NAV (Jennison) 149,987 1,748,854
Equity-Income, Series NAV (T. Rowe Price) 152,816 2,361,005
Fundamental Large Cap Value, Series NAV    
(John Hancock) (1)(A) 64,272 756,479
Fundamental Value, Series NAV (Davis) 101,916 1,547,078
International Core, Series NAV (GMO) 146,357 1,347,950
International Growth Stock,    
Series NAV (Invesco) 41,699 578,786
International Opportunities,    
Series NAV (Invesco) (I) 67,716 771,957
International Value, Series NAV (Franklin) 138,685 1,546,341
Mid Cap Stock, Series NAV (Wellington) (I) 45,270 703,502
Mid Value, Series NAV (T. Rowe Price) 61,979 697,261
Small Cap Growth, Series NAV (Wellington) 24,966 233,428
Small Cap Value, Series NAV (Wellington) 15,420 309,012
Small Company Growth,    
Series NAV (Invesco) (I) 10,965 194,405
Small Company Value, Series NAV (T.    
Rowe Price) 18,744 348,083
Smaller Company Growth, Series NAV    
(Frontier/John Hancock (2)(A)/Perimeter) (I) 13,655 233,912
U.S. Equity, Series NAV (GMO) 53,009 773,926
Fixed Income - 60.0%    
Bond PS, Series NAV (John Hancock) (1)(A) 3,480,324 46,392,715
Total Investments (Lifestyle Moderate PS Series)    
(Cost $73,049,148) - 100.0% $ 77,321,192
Other assets and liabilities, net - 0.0%   (33,376)
TOTAL NET ASSETS - 100.0% $ 77,287,816
 
 
 
Mid Cap Index Trust    
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS - 98.5%    
Consumer Discretionary - 13.7%    
Auto Components - 0.2%    
Gentex Corp. (L) 70,815 $ 1,204,563
Automobiles - 0.1%    
Thor Industries, Inc. (L) 21,514 781,388
Distributors - 0.5%    
LKQ Corp. (I) 145,177 2,685,775
Diversified Consumer Services - 0.7%    
ITT Educational Services, Inc. (I)(L) 7,651 246,592
Matthews International Corp., Class A (L) 13,698 408,474
Regis Corp. (L) 27,985 514,364
Service Corp. International 105,128 1,415,023
Sotheby’s (L) 33,201 1,045,832
Strayer Education, Inc. (L) 5,850 376,448
 
    4,006,733
Hotels, Restaurants & Leisure - 1.5%    
Bally Technologies, Inc. (I)(L) 20,297 1,002,469
Bob Evans Farms, Inc. 13,760 538,429

 

Mid Cap Index Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Hotels, Restaurants & Leisure (continued)    
Brinker International, Inc. (L) 36,230 $ 1,278,919
International Speedway Corp., Class A 12,482 354,114
Life Time Fitness, Inc. (I)(L) 19,603 896,641
Panera Bread Company, Class A (I) 13,800 2,358,282
Scientific Games Corp., Class A (I) 28,113 232,495
The Cheesecake Factory, Inc. (L) 24,466 874,660
The Wendy’s Company (L) 137,767 626,840
WMS Industries, Inc. (I)(L) 26,784 438,722
 
    8,601,571
Household Durables - 2.1%    
Jarden Corp. (I)(L) 36,785 1,943,719
KB Home (L) 37,491 537,996
MDC Holdings, Inc. (L) 18,816 724,604
Mohawk Industries, Inc. (I) 28,402 2,272,728
NVR, Inc. (I) 2,371 2,002,310
Tempur-Pedic International, Inc. (I)(L) 29,172 871,951
Toll Brothers, Inc. (I)(L) 73,361 2,437,786
Tupperware Brands Corp. 27,297 1,462,846
 
    12,253,940
Internet & Catalog Retail - 0.2%    
HSN, Inc. 18,276 896,438
Leisure Equipment & Products - 0.4%    
Polaris Industries, Inc. (L) 31,209 2,523,872
Media - 1.2%    
AMC Networks, Inc., Class A (I) 28,101 1,222,956
Cinemark Holdings, Inc. 50,099 1,123,721
DreamWorks Animation    
SKG, Inc., Class A (I)(L) 35,099 674,954
John Wiley & Sons, Inc., Class A (L) 22,948 1,054,461
Lamar Advertising Company, Class A (I) 26,991 1,000,286
Meredith Corp. (L) 17,658 618,030
Scholastic Corp. (L) 12,826 407,610
The New York Times Company, Class A (I)(L) 59,631 581,999
Valassis Communications, Inc. (I)(L) 19,490 481,208
 
    7,165,225
Multiline Retail - 0.1%    
Saks, Inc. (I)(L) 50,131 516,851
Specialty Retail - 5.0%    
Aaron’s, Inc. 34,546 960,724
Advance Auto Parts, Inc. 35,932 2,459,186
Aeropostale, Inc. (I) 39,911 539,996
American Eagle Outfitters, Inc. 87,674 1,848,168
ANN, Inc. (I) 23,190 874,959
Ascena Retail Group, Inc. (I) 60,362 1,294,765
Barnes & Noble, Inc. (I)(L) 18,496 236,379
Chico’s FAS, Inc. (L) 81,211 1,470,731
Collective Brands, Inc. (I) 30,119 653,883
Dick’s Sporting Goods, Inc. 47,596 2,467,853
Foot Locker, Inc. 74,014 2,627,497
Guess?, Inc. 30,034 763,464
Office Depot, Inc. (I) 139,191 356,329
PetSmart, Inc. (L) 53,016 3,657,044
RadioShack Corp. (L) 49,228 117,163
Rent-A-Center, Inc. (L) 28,882 1,013,181
Signet Jewelers, Ltd. 39,638 1,932,749
Tractor Supply Company 34,739 3,435,340
Williams-Sonoma, Inc. (L) 42,444 1,866,263
 
    28,575,674
Textiles, Apparel & Luxury Goods - 1.7%    
Carter’s, Inc. (I)(L) 24,826 1,336,632
Deckers Outdoor Corp. (I)(L) 18,150 665,016

 

245

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Mid Cap Index Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Textiles, Apparel & Luxury Goods (continued)    
Hanesbrands, Inc. (I)(L) 47,819 $ 1,524,470
PVH Corp. 34,567 3,239,619
The Warnaco Group, Inc. (I) 20,061 1,041,166
Under Armour, Inc., Class A (I)(L) 37,878 2,114,729
 
    9,921,632
    79,133,662
Consumer Staples - 3.2%    
Food & Staples Retailing - 0.2%    
Harris Teeter Supermarkets, Inc. (L) 24,148 937,908
SUPERVALU, Inc. (L) 105,176 253,474
 
    1,191,382
Food Products - 1.9%    
Flowers Foods, Inc. (L) 56,404 1,138,233
Green Mountain Coffee Roasters, Inc. (I)(L) 63,244 1,502,045
Hillshire Brands Company 58,205 1,558,730
Ingredion, Inc. 37,331 2,059,178
Lancaster Colony Corp. (L) 9,496 695,582
Post Holdings, Inc. (I) 13,140 394,988
Ralcorp Holdings, Inc. (I) 26,963 1,968,299
Smithfield Foods, Inc. (I)(L) 65,914 1,295,210
Tootsie Roll Industries, Inc. (L) 10,084 272,066
 
    10,884,331
Household Products - 1.0%    
Church & Dwight Company, Inc. (L) 68,223 3,683,360
Energizer Holdings, Inc. (L) 31,557 2,354,468
 
    6,037,828
Tobacco - 0.1%    
Universal Corp. (L) 11,452 583,136
 
    18,696,677
Energy - 5.8%    
Energy Equipment & Services - 2.8%    
Atwood Oceanics, Inc. (I)(L) 27,858 1,266,146
CARBO Ceramics, Inc. (L) 9,652 607,304
Dresser-Rand Group, Inc. (I)(L) 37,070 2,042,928
Dril-Quip, Inc. (I)(L) 17,822 1,281,045
Helix Energy Solutions Group, Inc. (I) 47,944 875,937
Oceaneering International, Inc. 52,870 2,921,068
Oil States International, Inc. (I) 26,821 2,131,197
Patterson-UTI Energy, Inc. (L) 74,335 1,177,466
Superior Energy Services, Inc. (I) 76,977 1,579,568
Tidewater, Inc. (L) 24,403 1,184,278
Unit Corp. (I) 21,181 879,012
 
    15,945,949
Oil, Gas & Consumable Fuels - 3.0%    
Arch Coal, Inc. (L) 103,978 658,181
Bill Barrett Corp. (I)(L) 23,613 584,894
Cimarex Energy Company 42,128 2,466,594
Energen Corp. 35,338 1,852,065
Forest Oil Corp. (I)(L) 57,945 489,635
HollyFrontier Corp. 99,739 4,116,229
Northern Oil and Gas, Inc. (I)(L) 28,975 492,285
Plains Exploration & Production Company (I) 63,205 2,368,291
Quicksilver Resources, Inc. (I) 58,930 241,024
Rosetta Resources, Inc. (I)(L) 25,909 1,241,041
SM Energy Company 31,916 1,726,975
World Fuel Services Corp. (L) 35,308 1,257,318
 
    17,494,532
    33,440,481

 

Mid Cap Index Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Financials - 21.8%    
Capital Markets - 2.2%    
Affiliated Managers Group, Inc. (I) 25,163 $ 3,095,049
Apollo Investment Corp. 99,380 782,121
Eaton Vance Corp. (L) 56,448 1,634,734
Greenhill & Company, Inc. (L) 13,113 678,598
Janus Capital Group, Inc. 91,635 865,034
Jefferies Group, Inc. (L) 62,769 859,308
Raymond James Financial, Inc. 54,795 2,008,237
SEI Investments Company 66,338 1,422,950
Waddell & Reed Financial, Inc., Class A (L) 41,974 1,375,488
 
    12,721,519
Commercial Banks - 4.0%    
Associated Banc-Corp. (L) 84,091 1,107,478
BancorpSouth, Inc. (L) 40,714 600,124
Bank of Hawaii Corp. 22,132 1,009,662
Cathay General Bancorp 35,870 619,116
City National Corp. (L) 23,098 1,189,778
Commerce Bancshares, Inc. 36,495 1,471,843
Cullen/Frost Bankers, Inc. (L) 30,090 1,728,069
East West Bancorp, Inc. 69,552 1,468,938
First Niagara Financial Group, Inc. 172,728 1,397,370
FirstMerit Corp. (L) 53,729 791,428
Fulton Financial Corp. 98,193 968,183
Hancock Holding Company 41,531 1,285,384
International Bancshares Corp. 26,679 508,235
Prosperity Bancshares, Inc. (L) 21,421 912,963
Signature Bank (I) 22,961 1,540,224
SVB Financial Group (I) 21,759 1,315,549
Synovus Financial Corp. (L) 385,343 913,263
TCF Financial Corp. (L) 79,810 952,931
Trustmark Corp. (L) 31,737 772,479
Valley National Bancorp (L) 96,701 968,944
Webster Financial Corp. 35,309 836,823
Westamerica Bancorp. (L) 13,550 637,528
 
    22,996,312
Diversified Financial Services - 0.6%    
CBOE Holdings, Inc. 42,774 1,258,411
MSCI, Inc. (I) 59,675 2,135,768
 
    3,394,179
Insurance - 4.5%    
Alleghany Corp. (I) 8,297 2,861,967
American Financial Group, Inc. 38,648 1,464,759
Arthur J. Gallagher & Company 59,283 2,123,517
Aspen Insurance Holdings, Ltd. 34,953 1,065,717
Brown & Brown, Inc. 57,571 1,500,876
Everest Re Group, Ltd. 25,391 2,715,821
Fidelity National Financial, Inc., Class A 103,298 2,209,544
First American Financial Corp. 52,121 1,129,462
HCC Insurance Holdings, Inc. 49,376 1,673,353
Kemper Corp. 26,737 821,093
Mercury General Corp. 17,759 686,385
Old Republic International Corp. 118,207 1,099,325
Protective Life Corp. 39,172 1,026,698
Reinsurance Group of America, Inc. 36,133 2,091,017
StanCorp Financial Group, Inc. (L) 21,576 674,034
The Hanover Insurance Group, Inc. 21,898 815,919
W.R. Berkley Corp. (L) 54,477 2,042,343
 
    26,001,830
Real Estate Investment Trusts - 9.4%    
Alexandria Real Estate Equities, Inc. 30,755 2,261,108
American Campus Communities, Inc. (L) 45,074 1,977,847
BioMed Realty Trust, Inc. 75,539 1,414,090

 

246

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Mid Cap Index Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Real Estate Investment Trusts (continued)    
BRE Properties, Inc. 37,626 $ 1,764,283
Camden Property Trust 40,956 2,641,252
Corporate Office Properties Trust (L) 35,296 846,045
Duke Realty Corp. 132,135 1,942,385
Equity One, Inc. 30,161 635,191
Essex Property Trust, Inc. 17,842 2,644,898
Federal Realty Investment Trust 31,417 3,308,210
Highwoods Properties, Inc. (L) 37,264 1,215,552
Home Properties, Inc. 24,445 1,497,745
Hospitality Properties Trust 60,542 1,439,689
Liberty Property Trust 57,599 2,087,388
Mack-Cali Realty Corp. 40,863 1,086,956
National Retail Properties, Inc. 53,026 1,617,293
Omega Healthcare Investors, Inc. (L) 53,267 1,210,759
Potlatch Corp. 19,768 738,730
Rayonier, Inc. (L) 60,167 2,948,785
Realty Income Corp. (L) 65,399 2,674,165
Regency Centers Corp. 44,068 2,147,434
Senior Housing Properties Trust 86,464 1,883,186
SL Green Realty Corp. (L) 44,173 3,536,932
Taubman Centers, Inc. 30,236 2,320,008
The Macerich Company (L) 65,232 3,733,227
UDR, Inc. 122,584 3,042,535
Weingarten Realty Investors 54,659 1,536,464
 
    54,152,157
Real Estate Management & Development - 0.4%    
Alexander & Baldwin, Inc. (I)(L) 20,776 613,515
Jones Lang LaSalle, Inc. 21,579 1,647,557
 
    2,261,072
Thrifts & Mortgage Finance - 0.7%    
Astoria Financial Corp. (L) 39,995 395,151
New York Community Bancorp, Inc. (L) 215,168 3,046,779
Washington Federal, Inc. 52,313 872,581
 
    4,314,511
    125,841,580
Health Care - 10.3%    
Biotechnology - 2.2%    
Regeneron Pharmaceuticals, Inc. (I)(L) 36,711 5,604,301
United Therapeutics Corp. (I) 23,574 1,317,315
Vertex Pharmaceuticals, Inc. (I)(L) 105,743 5,916,321
 
    12,837,937
Health Care Equipment & Supplies - 2.7%    
Hill-Rom Holdings, Inc. (L) 30,462 885,226
Hologic, Inc. (I) 129,689 2,624,905
IDEXX Laboratories, Inc. (I)(L) 26,968 2,679,271
Masimo Corp. (I)(L) 25,480 616,106
ResMed, Inc. (L) 69,597 2,816,591
STERIS Corp. (L) 28,466 1,009,689
Teleflex, Inc. 20,023 1,378,383
The Cooper Companies, Inc. 23,469 2,216,882
Thoratec Corp. (I) 28,822 997,241
 
    15,224,294
Health Care Providers & Services - 3.5%    
AMERIGROUP Corp. (I) 23,910 2,186,091
Community Health Systems, Inc. (I) 44,579 1,299,032
Health Management    
Associates, Inc., Class A (I)(L) 125,623 1,053,977
Health Net, Inc. (I) 39,930 898,824
Henry Schein, Inc. (I)(L) 43,381 3,438,812
HMS Holdings Corp. (I)(L) 42,308 1,414,356
LifePoint Hospitals, Inc. (I) 23,971 1,025,479

 

Mid Cap Index Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Health Care Providers & Services (continued)    
MEDNAX, Inc. (I) 24,369 $ 1,814,272
Omnicare, Inc. (L) 54,673 1,857,242
Owens & Minor, Inc. (L) 31,115 929,716
Universal Health Services, Inc., Class B 43,215 1,976,222
VCA Antech, Inc. (I)(L) 43,008 848,548
WellCare Health Plans, Inc. (I) 21,119 1,194,279
 
    19,936,850
Health Care Technology - 0.2%    
Allscripts Healthcare Solutions, Inc. (I) 83,920 1,043,126
Life Sciences Tools & Services - 1.2%    
Bio-Rad Laboratories, Inc., Class A (I) 9,845 1,050,658
Charles River    
Laboratories International, Inc. (I) 23,821 943,312
Covance, Inc. (I) 26,961 1,258,809
Mettler-Toledo International, Inc. (I)(L) 15,202 2,595,589
Techne Corp. 16,967 1,220,606
 
    7,068,974
Pharmaceuticals - 0.5%    
Endo Health Solutions, Inc. (I) 57,278 1,816,858
Medicis Pharmaceutical Corp., Class A (L) 29,279 1,266,902
 
    3,083,760
 
    59,194,941
Industrials - 16.0%    
Aerospace & Defense - 1.3%    
Alliant Techsystems, Inc. 15,992 801,359
B/E Aerospace, Inc. (I) 50,947 2,144,869
Esterline Technologies Corp. (I) 15,120 848,837
Exelis, Inc. 91,552 946,648
Huntington Ingalls Industries, Inc. (I) 24,262 1,020,217
Triumph Group, Inc. 24,468 1,529,984
 
    7,291,914
Air Freight & Logistics - 0.1%    
UTi Worldwide, Inc. 50,793 684,182
Airlines - 0.3%    
Alaska Air Group, Inc. (I) 34,569 1,211,989
JetBlue Airways Corp. (I)(L) 111,000 531,690
 
    1,743,679
Building Products - 0.6%    
Fortune Brands Home & Security, Inc. (I) 78,743 2,126,848
Lennox International, Inc. 22,752 1,100,287
 
    3,227,135
Commercial Services & Supplies - 1.7%    
Clean Harbors, Inc. (I) 23,269 1,136,691
Copart, Inc. (I) 52,968 1,468,803
Corrections Corp. of America (L) 49,028 1,639,987
Deluxe Corp. (L) 24,793 757,674
Herman Miller, Inc. 28,648 556,917
HNI Corp. (L) 22,139 564,766
Mine Safety Appliances Company 15,225 567,436
Rollins, Inc. 32,215 753,509
The Brink’s Company 23,385 600,761
Waste Connections, Inc. 60,364 1,826,011
 
    9,872,555
Construction & Engineering - 1.1%    
AECOM Technology Corp. (I) 55,402 1,172,306
Granite Construction, Inc. (L) 17,449 501,135
KBR, Inc. 72,151 2,151,543
The Shaw Group, Inc. (I) 32,340 1,410,671

 

247

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Mid Cap Index Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Construction & Engineering (continued)    
URS Corp. 37,659 $ 1,329,739
    6,565,394
Electrical Equipment - 1.7%    
Acuity Brands, Inc. 20,753 1,313,457
AMETEK, Inc. 118,842 4,212,949
General Cable Corp. (I)(L) 24,380 716,284
Hubbell, Inc., Class B 26,178 2,113,612
Regal-Beloit Corp. 20,422 1,439,343
 
    9,795,645
Industrial Conglomerates - 0.3%    
Carlisle Companies, Inc. 30,670 1,592,386
Machinery - 5.4%    
AGCO Corp. (I) 47,636 2,261,757
CLARCOR, Inc. 24,556 1,095,934
Crane Company 23,602 942,428
Donaldson Company, Inc. (L) 67,132 2,330,152
Gardner Denver, Inc. (L) 23,992 1,449,357
Graco, Inc. (L) 29,652 1,490,903
Harsco Corp. 39,476 810,442
IDEX Corp. 40,850 1,706,305
ITT Corp. (L) 45,265 912,090
Kennametal, Inc. 39,249 1,455,353
Lincoln Electric Holdings, Inc. (L) 40,930 1,598,317
Nordson Corp. (L) 27,644 1,620,491
Oshkosh Corp. (I)(L) 44,905 1,231,744
Pentair, Ltd. (I)(L) 48,610 2,163,631
SPX Corp. (L) 24,856 1,625,831
Terex Corp. (I)(L) 54,141 1,222,504
Timken Company 39,585 1,470,979
Trinity Industries, Inc. 38,704 1,159,959
Valmont Industries, Inc. (L) 11,472 1,508,568
Wabtec Corp. 23,491 1,886,092
Woodward, Inc. (L) 29,634 1,006,963
 
    30,949,800
Marine - 0.3%    
Kirby Corp. (I) 27,372 1,513,124
Matson, Inc. (L) 20,785 434,614
 
    1,947,738
Professional Services - 0.8%    
FTI Consulting, Inc. (I)(L) 20,618 550,088
Korn/Ferry International (I) 23,619 362,079
Manpower, Inc. (L) 38,842 1,429,386
The Corporate Executive Board Company 16,403 879,693
Towers Watson & Company, Class A 28,031 1,487,045
 
    4,708,291
Road & Rail - 1.5%    
Con-way, Inc. 27,407 750,130
J.B. Hunt Transport Services, Inc. (L) 44,354 2,308,182
Kansas City Southern (L) 53,903 4,084,769
Landstar System, Inc. (L) 22,829 1,079,355
Werner Enterprises, Inc. (L) 21,875 467,469
 
    8,689,905
Trading Companies & Distributors - 0.9%    
GATX Corp. (L) 22,972 974,932
MSC Industrial Direct    
Company, Inc., Class A (L) 22,749 1,534,648
United Rentals, Inc. (I)(L) 45,425 1,485,852
Watsco, Inc. (L) 14,531 1,101,304
 
    5,096,736
    92,165,360

 

Mid Cap Index Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Information Technology - 15.3%    
Communications Equipment - 0.9%    
ADTRAN, Inc. (L) 30,977 $ 535,283
Ciena Corp. (I) 49,084 667,542
Plantronics, Inc. (L) 20,669 730,236
Polycom, Inc. (I) 86,677 855,502
Riverbed Technology, Inc. (I) 75,580 1,758,747
Tellabs, Inc. 169,086 598,564
 
    5,145,874
Computers & Peripherals - 0.6%    
Diebold, Inc. 30,968 1,043,931
NCR Corp. (I) 77,953 1,817,084
QLogic Corp. (I)(L) 46,163 527,181
 
    3,388,196
Electronic Equipment, Instruments & Components - 1.9%  
Arrow Electronics, Inc. (I)(L) 53,315 1,797,249
Avnet, Inc. (I) 69,262 2,014,832
Ingram Micro, Inc., Class A (I) 73,526 1,119,801
Itron, Inc. (I)(L) 19,427 838,275
National Instruments Corp. (L) 46,104 1,160,438
Tech Data Corp. (I)(L) 18,496 837,869
Trimble Navigation, Ltd. (I)(L) 61,588 2,935,284
Vishay Intertechnology, Inc. (I)(L) 64,577 634,792
 
    11,338,540
Internet Software & Services - 1.9%    
AOL, Inc. (I)(L) 43,953 1,548,464
Equinix, Inc. (I)(L) 23,612 4,865,253
Monster Worldwide, Inc. (I)(L) 57,934 424,656
Rackspace Hosting, Inc. (I) 53,155 3,513,014
ValueClick, Inc. (I)(L) 34,582 594,465
 
    10,945,852
IT Services - 3.4%    
Acxiom Corp. (I) 36,769 671,770
Alliance Data Systems Corp. (I) 24,441 3,469,400
Broadridge Financial Solutions, Inc. 61,208 1,427,983
Convergys Corp. (L) 55,108 863,542
CoreLogic, Inc. (I) 51,629 1,369,717
DST Systems, Inc. 15,025 849,814
Gartner, Inc. (I)(L) 45,783 2,110,138
Global Payments, Inc. (L) 38,655 1,616,939
Jack Henry & Associates, Inc. (L) 42,222 1,600,214
Lender Processing Services, Inc. 41,505 1,157,574
Mantech International Corp., Class A (L) 11,571 277,704
NeuStar, Inc., Class A (I) 32,523 1,301,896
VeriFone Systems, Inc. (I) 52,822 1,471,093
Wright Express Corp. (I) 18,978 1,323,146
 
    19,510,930
Office Electronics - 0.2%    
Zebra Technologies Corp., Class A (I) 25,366 952,240
Semiconductors & Semiconductor Equipment - 1.8%  
Atmel Corp. (I) 215,754 1,134,866
Cree, Inc. (I)(L) 56,810 1,450,359
Cypress Semiconductor Corp. (I) 66,958 717,790
Fairchild Semiconductor International, Inc. (I) 61,884 811,918
Integrated Device Technology, Inc. (I)(L) 70,235 412,982
International Rectifier Corp. (I)(L) 33,952 566,659
Intersil Corp., Class A 62,598 547,733
MEMC Electronic Materials, Inc. (I) 113,972 313,423
RF Micro Devices, Inc. (I)(L) 135,228 534,151
Semtech Corp. (I)(L) 32,310 812,597
Silicon Laboratories, Inc. (I)(L) 18,827 692,081

 

248

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Mid Cap Index Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Semiconductors & Semiconductor Equipment (continued)  
Skyworks Solutions, Inc. (I) 93,523 $ 2,203,870
    10,198,429
Software - 4.6%    
ACI Worldwide, Inc. (I) 19,194 811,138
Advent Software, Inc. (I)(L) 15,713 386,068
ANSYS, Inc. (I)(L) 45,208 3,318,267
Cadence Design Systems, Inc. (I)(L) 134,702 1,732,941
Compuware Corp. (I) 105,895 1,049,419
Concur Technologies, Inc. (I)(L) 22,098 1,629,286
FactSet Research Systems, Inc. (L) 20,048 1,933,028
Fair Isaac Corp. 16,541 732,105
Informatica Corp. (I) 53,176 1,851,057
Mentor Graphics Corp. (I) 45,810 709,139
MICROS Systems, Inc. (I) 39,305 1,930,662
Parametric Technology Corp. (I) 58,052 1,265,534
Quest Software, Inc. (I) 27,376 766,528
Rovi Corp. (I) 53,432 775,298
SolarWinds, Inc. (I)(L) 29,818 1,662,055
Solera Holdings, Inc. (L) 34,263 1,503,118
Synopsys, Inc. (I) 73,081 2,413,135
TIBCO Software, Inc. (I) 75,460 2,281,156
 
    26,749,934
    88,229,995
Materials - 6.8%    
Chemicals - 2.9%    
Albemarle Corp. 43,851 2,310,071
Ashland, Inc. 35,793 2,562,779
Cabot Corp. 29,151 1,066,052
Cytec Industries, Inc. 22,570 1,478,786
Intrepid Potash, Inc. (I)(L) 26,156 561,831
Minerals Technologies, Inc. 8,630 612,126
NewMarket Corp. (L) 5,257 1,295,745
Olin Corp. (L) 39,204 851,903
RPM International, Inc. 64,632 1,844,597
Sensient Technologies Corp. 24,453 898,892
The Scotts Miracle-Gro Company, Class A (L) 18,874 820,453
Valspar Corp. 41,376 2,321,194
 
    16,624,429
Construction Materials - 0.3%    
Martin Marietta Materials, Inc. 22,462 1,861,426
Containers & Packaging - 1.6%    
Aptargroup, Inc. (L) 32,626 1,687,090
Greif, Inc., Class A 14,801 653,908
Packaging Corp. of America 48,113 1,746,502
Rock-Tenn Company, Class A 34,682 2,503,347
Silgan Holdings, Inc. 24,203 1,053,073
Sonoco Products Company 49,323 1,528,520
 
    9,172,440
Metals & Mining - 1.6%    
Carpenter Technology Corp. 21,646 1,132,519
Commercial Metals Company 56,948 751,714
Compass Minerals International, Inc. (L) 16,221 1,209,924
Reliance Steel & Aluminum Company 36,895 1,931,453
Royal Gold, Inc. 28,854 2,881,360
Steel Dynamics, Inc. 107,387 1,205,956
Worthington Industries, Inc. (L) 25,497 552,265
 
    9,665,191
Paper & Forest Products - 0.4%    
Domtar Corp. (L) 17,569 1,375,477

 

Mid Cap Index Trust (continued)    
  Shares or  
  Principal  
  Amount Value
 
COMMON STOCKS (continued)      
Paper & Forest Products (continued)      
Louisiana-Pacific Corp. (I)(L) 67,478 $ 843,475
 
      2,218,952
 
      39,542,438
Telecommunication Services - 0.6%      
Diversified Telecommunication Services - 0.4%      
tw telecom, Inc. (I) 74,009 1,929,415
Wireless Telecommunication Services - 0.2%      
Telephone & Data Systems, Inc. 49,503 1,267,772
 
      3,197,187
Utilities - 5.0%      
Electric Utilities - 2.2%      
Cleco Corp. (L) 29,763 1,249,451
Great Plains Energy, Inc. (L) 75,014 1,669,812
Hawaiian Electric Industries, Inc. (L) 47,572 1,251,619
IDACORP, Inc. 24,575 1,063,360
NV Energy, Inc. 115,641 2,082,694
OGE Energy Corp. 48,342 2,681,047
PNM Resources, Inc. (L) 39,038 820,969
Westar Energy, Inc. 61,895 1,835,806
 
      12,654,758
Gas Utilities - 1.4%      
Atmos Energy Corp. 44,190 1,581,560
National Fuel Gas Company (L) 40,808 2,205,264
Questar Corp. 86,084 1,750,088
UGI Corp. 55,114 1,749,870
WGL Holdings, Inc. 25,272 1,017,198
 
      8,303,980
Multi-Utilities - 1.1%      
Alliant Energy Corp. 54,380 2,359,548
Black Hills Corp. (L) 21,644 769,877
MDU Resources Group, Inc. 92,513 2,038,975
Vectren Corp. (L) 40,207 1,149,920
 
      6,318,320
Water Utilities - 0.3%      
Aqua America, Inc. (L) 68,472 1,695,367
 
      28,972,425
TOTAL COMMON STOCKS (Cost $402,159,480)   $ 568,414,746
 
SECURITIES LENDING COLLATERAL - 21.2%    
John Hancock Collateral      
Investment Trust, 0.3462% (W)(Y) 12,226,811 122,373,266
TOTAL SECURITIES LENDING      
COLLATERAL (Cost $122,366,175)   $ 122,373,266
 
SHORT-TERM INVESTMENTS - 1.4%      
 
Repurchase Agreement - 1.4%      
Repurchase Agreement with State Street Corp.      
dated 09/28/2012 at 0.010% to be      
repurchased at $7,798,006 on 10/01/2012,      
collateralized by $5,855,000 U.S. Treasury      
Bonds, 4.500% due 08/15/2039 (valued at      
$7,960,452, including interest) 7,798,000 $ 7,798,000
TOTAL SHORT-TERM INVESTMENTS (Cost $7,798,000) $ 7,798,000
Total Investments (Mid Cap Index Trust)      
(Cost $532,323,655) - 121.1%   $ 698,586,012
Other assets and liabilities, net - (21.1%)     (121,538,409)
 
TOTAL NET ASSETS - 100.0%   $ 577,047,603
 

 

249

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Mid Cap Stock Trust    
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS - 97.9%    
Consumer Discretionary - 27.7%    
Auto Components - 2.3%    
Allison Transmission Holdings, Inc. (L) 333,513 $ 6,710,282
Tenneco, Inc. (I) 257,090 7,198,520
WABCO Holdings, Inc. (I) 64,073 3,695,090
 
    17,603,892
Hotels, Restaurants & Leisure - 4.8%    
Buffalo Wild Wings, Inc. (I)(L) 93,906 8,051,499
Burger King Worldwide, Inc. (I) 802,532 11,187,296
Life Time Fitness, Inc. (I)(L) 174,040 7,960,590
The Cheesecake Factory, Inc. 246,780 8,822,385
 
    36,021,770
Household Durables - 2.4%    
Jarden Corp. (L) 72,744 3,843,793
Lennar Corp., Class A (L) 123,240 4,285,055
PulteGroup, Inc. (I)(L) 214,470 3,324,285
Standard Pacific Corp. (I)(L) 60,917 411,799
Whirlpool Corp. (L) 73,180 6,067,354
 
    17,932,286
Internet & Catalog Retail - 2.7%    
HomeAway, Inc. (I)(L) 298,180 6,992,321
Kayak Software Corp. (I)(L) 161,110 5,692,016
Shutterfly, Inc. (I)(L) 238,853 7,433,105
 
    20,117,442
Leisure Equipment & Products - 0.5%    
Brunswick Corp. (L) 146,670 3,319,142
Media - 3.4%    
AMC Networks, Inc., Class A (I) 147,780 6,431,386
DreamWorks Animation    
SKG, Inc., Class A (I)(L) 276,834 5,323,518
Pandora Media, Inc. (I)(L) 530,480 5,808,756
Sirius XM Radio, Inc. (I)(L) 3,207,660 8,339,916
 
    25,903,576
Specialty Retail - 6.8%    
CarMax, Inc. (I)(L) 189,560 5,364,548
DSW, Inc., Class A 106,690 7,118,357
Francesca’s Holdings Corp. (I) 168,000 5,162,640
GNC Holdings, Inc., Class A (L) 216,520 8,437,784
Hibbett Sports, Inc. (I)(L) 79,890 4,749,461
Ross Stores, Inc. 101,420 6,551,732
The Children’s Place Retail Stores, Inc. (I)(L) 108,632 6,517,920
Urban Outfitters, Inc. (I) 201,120 7,554,067
 
    51,456,509
Textiles, Apparel & Luxury Goods - 4.8%    
Coach, Inc. (L) 131,310 7,355,986
Hanesbrands, Inc. (I)(L) 387,130 12,341,704
PVH Corp. 76,030 7,125,532
Samsonite International SA 4,959,900 9,504,332
 
    36,327,554
    208,682,171
Energy - 6.7%    
Energy Equipment & Services - 2.1%    
Ensco PLC, Class A 129,890 7,086,798
Trican Well Service, Ltd. 686,440 8,930,493
 
    16,017,291
Oil, Gas & Consumable Fuels - 4.6%    
Cabot Oil & Gas Corp. 211,560 9,499,044
Cobalt International Energy, Inc. (I) 176,860 3,938,672
Pioneer Natural Resources Company 50,190 5,239,836

 

Mid Cap Stock Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Oil, Gas & Consumable Fuels (continued)    
Southwestern Energy Company (I)(L) 257,040 $ 8,939,851
Whiting Petroleum Corp. (I) 140,240 6,644,571
 
    34,261,974
 
    50,279,265
Financials - 6.5%    
Capital Markets - 1.1%    
Invesco, Ltd. 324,930 8,120,001
Commercial Banks - 1.0%    
M&T Bank Corp. (L) 78,570 7,476,721
Diversified Financial Services - 1.2%    
NYSE Euronext 368,170 9,075,391
Insurance - 0.9%    
Aon PLC 136,830 7,154,841
Real Estate Investment Trusts - 1.2%    
Host Hotels & Resorts, Inc. (L) 542,240 8,702,952
Real Estate Management & Development - 1.1%    
Zillow, Inc., Class A (I)(L) 196,700 8,296,806
 
    48,826,712
Health Care - 19.3%    
Biotechnology - 2.1%    
Arena Pharmaceuticals, Inc. (I)(L) 401,190 3,337,901
Cubist Pharmaceuticals, Inc. (I) 84,550 4,031,344
Onyx Pharmaceuticals, Inc. (I) 43,780 3,699,410
Regeneron Pharmaceuticals, Inc. (I) 29,960 4,573,694
 
    15,642,349
Health Care Equipment & Supplies - 6.2%    
Align Technology, Inc. (I) 96,677 3,574,149
Edwards Lifesciences Corp. (I) 175,590 18,853,098
HeartWare International, Inc. (I)(L) 104,970 9,918,615
Hologic, Inc. (I) 703,110 14,230,946
 
    46,576,808
Health Care Providers & Services - 5.1%    
Air Methods Corp. (I) 47,790 5,704,692
Cardinal Health, Inc. 249,200 9,711,324
Catamaran Corp. (I) 158,330 15,511,590
Team Health Holdings, Inc. (I) 280,340 7,605,624
 
    38,533,230
Life Sciences Tools & Services - 2.8%    
Agilent Technologies, Inc. 250,520 9,632,494
PAREXEL International Corp. (I) 256,880 7,901,629
Waters Corp. (I) 39,460 3,288,202
 
    20,822,325
Pharmaceuticals - 3.1%    
Auxilium Pharmaceuticals, Inc. (I) 138,800 3,395,048
Forest Laboratories, Inc. (I) 199,800 7,114,878
Salix Pharmaceuticals, Ltd. (I) 87,470 3,703,480
Watson Pharmaceuticals, Inc. (I) 109,570 9,330,981
 
    23,544,387
 
    145,119,099
Industrials - 10.5%    
Aerospace & Defense - 1.2%    
DigitalGlobe, Inc. (I)(L) 458,150 9,341,679
Air Freight & Logistics - 0.9%    
Expeditors International of Washington, Inc. 189,820 6,901,855
Airlines - 1.0%    
Spirit Airlines, Inc. (I) 422,506 7,216,402

 

250

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Mid Cap Stock Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Building Products - 1.1%    
Owens Corning, Inc. (I)(L) 237,398 $ 7,943,337
Electrical Equipment - 1.3%    
Polypore International, Inc. (I)(L) 271,900 9,611,665
Machinery - 1.1%    
Colfax Corp. (I)(L) 233,450 8,560,612
Professional Services - 2.9%    
Capita PLC 835,007 10,462,059
IHS, Inc., Class A (I) 120,658 11,746,056
 
    22,208,115
Road & Rail - 0.5%    
Localiza Rent a Car SA 199,600 3,505,123
Trading Companies & Distributors - 0.5%    
United Rentals, Inc. (I)(L) 116,850 3,822,164
 
    79,110,952
Information Technology - 21.0%    
Communications Equipment - 1.2%    
Finisar Corp. (I)(L) 246,550 3,525,665
Riverbed Technology, Inc. (I) 250,270 5,823,783
 
    9,349,448
Electronic Equipment, Instruments & Components - 1.0%  
Jabil Circuit, Inc. (L) 63,680 1,192,090
National Instruments Corp. 131,330 3,305,576
Universal Display Corp. (I)(L) 99,990 3,437,656
 
    7,935,322
Internet Software & Services - 6.1%    
Akamai Technologies, Inc. (I) 199,050 7,615,653
CoStar Group, Inc. (I) 38,400 3,131,136
Equinix, Inc. (I)(L) 55,680 11,472,864
IAC/InterActiveCorp 172,240 8,966,814
LinkedIn Corp., Class A (I) 121,850 14,670,740
 
    45,857,207
IT Services - 1.8%    
Gartner, Inc. (I) 88,711 4,088,690
Genpact, Ltd. 272,910 4,552,139
Teradata Corp. (I) 66,631 5,024,644
 
    13,665,473
Semiconductors & Semiconductor Equipment - 1.1%  
Skyworks Solutions, Inc. (I) 345,510 8,141,943
Software - 9.8%    
Activision Blizzard, Inc. (L) 700,180 7,898,030
BroadSoft, Inc. (I)(L) 249,305 10,226,491
Cadence Design Systems, Inc. (I)(L) 945,730 12,166,816
Concur Technologies, Inc. (I)(L) 111,930 8,252,599
Salesforce.com, Inc. (I)(L) 95,580 14,594,110
Solera Holdings, Inc. 233,910 10,261,632
Splunk, Inc. (I) 76,920 2,824,502
TIBCO Software, Inc. (I) 247,620 7,485,553
 
    73,709,733
    158,659,126
Materials - 5.2%    
Chemicals - 0.8%    
Methanex Corp. (L) 216,680 6,184,047
Containers & Packaging - 3.2%    
Ball Corp. 167,440 7,084,386
Crown Holdings, Inc. (I) 202,750 7,451,063
Rock-Tenn Company, Class A 131,500 9,491,670
 
    24,027,119

 

Mid Cap Stock Trust (continued)    
   Shares or  
   Principal  
   Amount Value
 
COMMON STOCKS (continued)      
Paper & Forest Products - 1.2%      
International Paper Company 103,400 $ 3,755,488
Louisiana-Pacific Corp. (I) 442,537 5,531,713
 
      9,287,201
 
      39,498,367
Telecommunication Services - 1.0%      
Wireless Telecommunication Services - 1.0%      
Crown Castle International Corp. (I) 114,410 7,333,681
TOTAL COMMON STOCKS (Cost $645,884,905)   $ 737,509,373
 
SECURITIES LENDING COLLATERAL - 22.8%    
John Hancock Collateral      
Investment Trust, 0.3462 (W)(Y) 17,182,953 171,977,304
TOTAL SECURITIES LENDING      
COLLATERAL (Cost $171,966,736)   $ 171,977,304
 
SHORT-TERM INVESTMENTS - 1.1%      
Repurchase Agreement - 1.1%      
Deutsche Bank Tri-Party Repurchase      
Agreement dated 09/28/2012 at 0.250% to      
be repurchased at $8,000,167 on      
10/01/2012, collateralized by $7,376,485      
Government National Mortgage Association,      
3.50% due 9/15/2042 (valued at $8,140,637,      
including interest) $  8,000,000 $ 8,000,000
TOTAL SHORT-TERM INVESTMENTS (Cost $8,000,000) $ 8,000,000
Total Investments (Mid Cap Stock Trust)      
(Cost $825,851,641) - 121.8%   $ 917,486,677
Other assets and liabilities, net - (21.8%)     (164,176,629)
 
TOTAL NET ASSETS - 100.0%   $ 753,310,048
 
 
 
Mid Cap Value Equity Trust      
   Shares or  
   Principal  
   Amount Value
 
COMMON STOCKS - 97.1%      
Consumer Discretionary - 11.9%      
Auto Components - 2.1%      
TRW Automotive Holdings Corp. (I) 36,243 $ 1,584,182
Visteon Corp. (I) 26,802 1,191,617
 
      2,775,799
Automobiles - 0.5%      
Ford Motor Company 69,792 688,149
Diversified Consumer Services - 0.5%      
Apollo Group, Inc., Class A (I)   8,093 235,102
Capella Education Company (I)   7,883 276,378
ITT Educational Services, Inc. (I)(L)   4,930 158,894
 
      670,374
Hotels, Restaurants & Leisure - 1.3%      
Darden Restaurants, Inc.   7,009 390,752
Penn National Gaming, Inc. (I) 17,902 771,576
Royal Caribbean Cruises, Ltd. (L) 21,633 653,533
 
      1,815,861
Household Durables - 0.5%      
Newell Rubbermaid, Inc. 38,499 734,946

 

251

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Mid Cap Value Equity Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Internet & Catalog Retail - 0.8%    
Liberty Interactive Corp., Series A (I) 50,715 $ 938,228
Liberty Ventures, Series A (I) 2,535 125,837
 
    1,064,065
Leisure Equipment & Products - 0.6%    
Hasbro, Inc. (L) 19,430 741,643
Media - 3.6%    
DISH Network Corp., Class A 32,201 985,673
Liberty Media Corp. - Liberty    
Capital, Series A (I) 8,307 865,340
National CineMedia, Inc. 54,770 896,585
Regal Entertainment Group, Class A (L) 38,634 543,580
The Interpublic Group of Companies, Inc. 37,084 412,374
Virgin Media, Inc. (L) 40,461 1,191,172
 
    4,894,724
Multiline Retail - 2.0%    
Kohl’s Corp. 14,004 717,285
Macy’s, Inc. 53,548 2,014,476
 
    2,731,761
    16,117,322
Consumer Staples - 4.0%    
Food Products - 2.2%    
Hillshire Brands Company 14,112 377,919
Post Holdings, Inc. (I) 15,403 463,014
Ralcorp Holdings, Inc. (I) 19,631 1,433,063
Smithfield Foods, Inc. (I) 4,925 96,776
The Hershey Company 7,425 526,358
Tyson Foods, Inc., Class A 6,865 109,977
 
    3,007,107
Tobacco - 1.8%    
Lorillard, Inc. 21,067 2,453,252
 
    5,460,359
Energy - 8.5%    
Energy Equipment & Services - 2.6%    
C&J Energy Services, Inc. (I)(L) 24,854 494,595
Ensco PLC, Class A 15,313 835,477
McDermott International, Inc. (I) 29,409 359,378
Noble Corp. (I) 50,654 1,812,400
 
    3,501,850
Oil, Gas & Consumable Fuels - 5.9%    
Enbridge, Inc. (L) 90,852 3,545,954
Kinder Morgan, Inc. 16,960 602,419
Pioneer Natural Resources Company 9,225 963,090
QEP Resources, Inc. 29,870 945,684
Valero Energy Corp. 16,845 533,650
Whiting Petroleum Corp. (I) 31,833 1,508,248
 
    8,099,045
    11,600,895
Financials - 21.2%    
Capital Markets - 2.2%    
Invesco, Ltd. 97,764 2,443,122
Lazard, Ltd., Class A (L) 20,853 609,533
 
    3,052,655
Commercial Banks - 8.2%    
CIT Group, Inc. (I) 126,625 4,987,759
Comerica, Inc. 44,042 1,367,504
Fifth Third Bancorp 99,693 1,546,238
Huntington Bancshares, Inc. 186,758 1,288,630

 

Mid Cap Value Equity Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Commercial Banks (continued)    
M&T Bank Corp. (L) 10,070 $ 958,261
SunTrust Banks, Inc. 15,341 433,690
TCF Financial Corp. 52,568 627,662
 
    11,209,744
Diversified Financial Services - 0.3%    
PICO Holdings, Inc. (I) 17,751 405,078
Insurance - 7.8%    
Axis Capital Holdings, Ltd. 24,146 843,178
Everest Re Group, Ltd. 16,485 1,763,236
Hartford Financial Services Group, Inc. 20,092 390,588
Lincoln National Corp. (L) 72,038 1,742,599
PartnerRe, Ltd. 10,579 785,808
Reinsurance Group of America, Inc. 9,640 557,867
Validus Holdings, Ltd. 32,748 1,110,485
W.R. Berkley Corp. 8,524 319,565
XL Group PLC 127,568 3,065,459
 
    10,578,785
Real Estate Investment Trusts - 2.7%    
Boston Properties, Inc. 3,486 385,586
Digital Realty Trust, Inc. 4,329 302,381
Douglas Emmett, Inc. 19,919 459,531
Equity Lifestyle Properties, Inc. 5,952 405,450
Hospitality Properties Trust 16,103 382,929
Rayonier, Inc. (L) 25,155 1,232,847
Taubman Centers, Inc. 6,028 462,528
 
    3,631,252
    28,877,514
Health Care - 10.3%    
Health Care Equipment & Supplies - 2.7%    
Boston Scientific Corp. (I) 61,703 354,175
Teleflex, Inc. 25,336 1,744,130
Zimmer Holdings, Inc. (L) 22,750 1,538,355
 
    3,636,660
Health Care Providers & Services - 2.3%    
Cigna Corp. 42,337 1,997,036
Humana, Inc. 15,996 1,122,119
 
    3,119,155
Life Sciences Tools & Services - 0.9%    
Agilent Technologies, Inc. 34,476 1,325,602
Pharmaceuticals - 4.4%    
Mylan, Inc. (I) 106,564 2,600,162
Watson Pharmaceuticals, Inc. (I) 39,607 3,372,932
 
    5,973,094
    14,054,511
Industrials - 14.8%    
Aerospace & Defense - 1.2%    
Embraer SA, ADR 27,502 732,103
Engility Holdings, Inc. (I) 832 15,350
L-3 Communications Holdings, Inc. 4,992 357,976
Raytheon Company 8,007 457,680
 
    1,563,109
Airlines - 1.2%    
Delta Air Lines, Inc. (I) 54,780 501,785
United Continental Holdings, Inc. (I)(L) 37,768 736,476
US Airways Group, Inc. (I)(L) 34,159 357,303
 
    1,595,564

 

252

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Mid Cap Value Equity Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Building Products - 1.4%    
AO Smith Corp. 32,972 $ 1,897,209
Construction & Engineering - 1.9%    
Chicago Bridge & Iron Company NV 33,474 1,275,025
Jacobs Engineering Group, Inc. (I) 15,608 631,031
KBR, Inc. 22,752 678,465
 
    2,584,521
Electrical Equipment - 3.9%    
Cooper Industries PLC 58,258 4,372,845
Rockwell Automation, Inc. (L) 13,561 943,168
 
    5,316,013
Machinery - 1.8%    
AGCO Corp. (I) 18,531 879,852
Parker Hannifin Corp. 18,544 1,549,908
 
    2,429,760
Road & Rail - 3.4%    
Con-way, Inc. 15,672 428,943
J.B. Hunt Transport Services, Inc. (L) 24,805 1,290,852
Kansas City Southern 30,465 2,308,638
Werner Enterprises, Inc. (L) 30,408 649,819
 
    4,678,252
    20,064,428
Information Technology - 7.4%    
Communications Equipment - 0.5%    
Juniper Networks, Inc. (I) 37,700 645,047
Computers & Peripherals - 1.0%    
Diebold, Inc. 5,240 176,640
NCR Corp. (I) 54,209 1,263,612
 
    1,440,252
Electronic Equipment, Instruments & Components - 2.2%  
Amphenol Corp., Class A (L) 25,779 1,517,868
Avnet, Inc. (I) 49,665 1,444,755
 
    2,962,623
IT Services - 0.7%    
Amdocs, Ltd. 30,828 1,017,016
Semiconductors & Semiconductor Equipment - 3.0%  
Analog Devices, Inc. 13,900 544,741
LSI Corp. (I) 210,838 1,456,891
Microchip Technology, Inc. (L) 41,032 1,343,388
ON Semiconductor Corp. (I) 114,061 703,756
 
    4,048,776
    10,113,714
Materials - 7.7%    
Chemicals - 5.8%    
Agrium, Inc. 6,685 691,630
Eastman Chemical Company 71,342 4,067,207
PPG Industries, Inc. 27,513 3,159,593
 
    7,918,430
Containers & Packaging - 0.4%    
Rock-Tenn Company, Class A 8,092 584,081
Metals & Mining - 0.4%    
Allegheny Technologies, Inc. (L) 7,295 232,711
Freeport-McMoRan Copper & Gold, Inc. 8,032 317,907
 
    550,618
Paper & Forest Products - 1.1%    
Domtar Corp. 11,530 902,684

 

Mid Cap Value Equity Trust (continued)  
    Shares or  
    Principal  
    Amount Value
COMMON STOCKS (continued)      
Paper & Forest Products (continued)      
International Paper Company   13,831 $ 502,342
 
      1,405,026
      10,458,155
Telecommunication Services - 1.8%      
Diversified Telecommunication Services - 1.1%    
CenturyLink, Inc.   35,782 1,445,593
Wireless Telecommunication Services - 0.7%    
Sprint Nextel Corp. (I)   171,200 945,024
 
      2,390,617
Utilities - 9.5%      
Electric Utilities - 3.4%      
Entergy Corp.   16,260 1,126,818
NV Energy, Inc.   38,550 694,286
Pepco Holdings, Inc. (L)   40,042 756,794
Pinnacle West Capital Corp.   26,176 1,382,093
Xcel Energy, Inc.   19,926 552,149
 
      4,512,140
Gas Utilities - 0.4%      
Questar Corp.   27,791 564,991
Multi-Utilities - 5.7%      
Ameren Corp.   19,250 628,898
CenterPoint Energy, Inc.   75,916 1,617,011
DTE Energy Company   30,885 1,851,247
Sempra Energy   26,027 1,678,481
Wisconsin Energy Corp. (L)   52,748 1,987,017
 
      7,762,654
      12,839,785
TOTAL COMMON STOCKS (Cost $112,045,006) $ 131,977,300
CONVERTIBLE BONDS - 0.2%      
Materials - 0.2%      
Construction Materials - 0.2%      
Cemex SAB de CV      
3.750%, 03/15/2018 $ 233,000 $ 229,940
TOTAL CONVERTIBLE BONDS (Cost $233,000) $ 229,940
WARRANTS - 0.1%      
Kinder Morgan, Inc. (Expiration Date:      
05/25/2017; Strike Price: $40.00 ) (I)   24,669 86,095
TOTAL WARRANTS (Cost $42,614)   $ 86,095
RIGHTS - 0.0%      
Liberty Ventures (Expiration Date: 10/09/2012,    
Strike Price: $35.99) (I)   846 11,455
TOTAL RIGHTS (Cost $9,678)   $ 11,455
SECURITIES LENDING COLLATERAL - 11.8%  
John Hancock Collateral      
Investment Trust, 0.3462% (W)(Y)   1,610,838 16,122,229
TOTAL SECURITIES LENDING      
COLLATERAL (Cost $16,121,822)   $ 16,122,229

 

253

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Mid Cap Value Equity Trust (continued)  
   Shares or  
   Principal  
   Amount Value
 
SHORT-TERM INVESTMENTS - 2.5%      
Commercial Paper - 2.5%      
Chariot Funding LLC 0.070%, 10/01/2012 * $ 3,400,000 $ 3,400,000
TOTAL SHORT-TERM INVESTMENTS (Cost $3,400,000) $ 3,400,000
Total Investments (Mid Cap Value Equity Trust)      
(Cost $131,852,120) - 111.7%   $ 151,827,019
Other assets and liabilities, net - (11.7%)     (15,892,570)
TOTAL NET ASSETS - 100.0%   $ 135,934,449
 
 
 
Mid Value Trust      
   Shares or  
   Principal  
   Amount Value
 
COMMON STOCKS - 93.2%      
Consumer Discretionary - 10.3%      
Auto Components - 0.5%      
Visteon Corp. (I) 92,400 $ 4,108,104
Diversified Consumer Services - 0.6%      
Strayer Education, Inc. (L) 59,400 3,822,390
Weight Watchers International, Inc. (L) 7,548 398,534
 
      4,220,924
Hotels, Restaurants & Leisure - 1.1%      
International Game Technology 473,100 6,192,879
WMS Industries, Inc. (I)(L) 142,100 2,327,598
 
      8,520,477
Leisure Equipment & Products - 1.6%      
Hasbro, Inc. (L) 61,900 2,362,723
Mattel, Inc. (L) 212,700 7,546,596
Sankyo Company, Ltd. 55,200 2,566,055
 
      12,475,374
Media - 4.7%      
Cablevision Systems Corp., Class A (L) 383,700 6,081,645
Charter Communications, Inc., Class A (I) 114,900 8,625,543
DISH Network Corp., Class A 157,600 4,824,136
DreamWorks Animation      
SKG, Inc., Class A (I)(L) 388,200 7,465,086
Meredith Corp. (L) 28,781 1,007,335
Scholastic Corp. (L) 69,324 2,203,117
The Washington Post Company, Class B (L) 16,600 6,026,298
 
      36,233,160
Specialty Retail - 1.8%      
Abercrombie & Fitch Company, Class A (L) 33,000 1,119,360
CarMax, Inc. (I)(L) 86,700 2,453,610
The Gap, Inc. 283,900 10,157,942
 
      13,730,912
      79,288,951
Consumer Staples - 9.6%      
Beverages - 0.6%      
Beam, Inc. 37,500 2,157,750
Brown-Forman Corp., Class B (L) 42,600 2,779,650
 
      4,937,400
Food & Staples Retailing - 3.2%      
Sysco Corp. (L) 330,300 10,328,481
The Kroger Company 589,900 13,886,246
 
      24,214,727

 

Mid Value Trust (continued)    
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Food Products - 4.1%    
Archer-Daniels-Midland Company 279,200 $ 7,588,656
Campbell Soup Company (L) 88,500 3,081,570
Flowers Foods, Inc. (L) 324,200 6,542,356
Kellogg Company 137,800 7,118,748
McCormick & Company, Inc., Non    
Voting Shares (L) 69,500 4,311,780
Tootsie Roll Industries, Inc. (L) 109,910 2,965,372
 
    31,608,482
Household Products - 0.7%    
The Clorox Company 76,600 5,519,030
Personal Products - 1.0%    
Avon Products, Inc. 476,400 7,598,580
 
    73,878,219
Energy - 8.9%    
Energy Equipment & Services - 1.5%    
Exterran Holdings, Inc. (I)(L) 557,422 11,304,518
Oil, Gas & Consumable Fuels - 7.4%    
CONSOL Energy, Inc. (L) 250,500 7,527,525
Hess Corp. 204,900 11,007,228
Murphy Oil Corp. 210,500 11,301,745
Nexen, Inc. 371,600 9,416,344
QEP Resources, Inc. 289,200 9,156,072
Talisman Energy, Inc. 277,500 3,709,033
Valero Energy Corp. 169,500 5,369,760
 
    57,487,707
 
    68,792,225
Financials - 26.1%    
Capital Markets - 6.3%    
E*TRADE Financial Corp. (I) 1,179,544 10,391,783
Federated Investors, Inc., Class B (L) 42,000 868,980
Greenhill & Company, Inc. (L) 58,609 3,033,016
Janus Capital Group, Inc. (L) 113,368 1,070,194
Lazard, Ltd., Class A (L) 339,000 9,908,970
Legg Mason, Inc. 251,400 6,204,552
Northern Trust Corp. 361,200 16,765,098
 
    48,242,593
Commercial Banks - 5.9%    
BankUnited, Inc. 153,100 3,767,791
CIT Group, Inc. (I) 330,600 13,022,334
Commerce Bancshares, Inc. 66,022 2,662,667
First Horizon National Corp. (L) 807,849 7,779,586
M&T Bank Corp. (L) 46,600 4,434,456
SunTrust Banks, Inc. 253,500 7,166,445
Westamerica Bancorp. (L) 136,600 6,427,030
 
    45,260,309
Insurance - 9.3%    
Axis Capital Holdings, Ltd. 50,200 1,752,984
CNA Financial Corp. 104,500 2,800,600
Fidelity National Financial, Inc., Class A 454,000 9,711,060
First American Financial Corp. 596,000 12,915,320
Kemper Corp. 182,102 5,592,352
Loews Corp. 190,400 7,855,904
Marsh & McLennan Companies, Inc. 317,400 10,769,382
OneBeacon Insurance Group, Ltd., Class A (L) 75,400 1,013,376
The Progressive Corp. 405,700 8,414,218
White Mountains Insurance Group, Ltd. 21,400 10,985,476
 
    71,810,672
Real Estate Investment Trusts - 2.8%    
Cousins Properties, Inc. 322,887 2,563,723

 

254

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Mid Value Trust (continued)    
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Real Estate Investment Trusts (continued)    
General Growth Properties, Inc. 142,329 $ 2,772,569
Prologis, Inc. 47,376 1,659,581
Weingarten Realty Investors 134,000 3,766,740
Weyerhaeuser Company 407,536 10,652,991
 
    21,415,604
Real Estate Management & Development - 1.2%    
Forest City Enterprises, Inc., Class A (I)(L) 158,400 2,510,640
The Howard Hughes Corp. (I) 37,600 2,671,480
The St. Joe Company (I)(L) 202,217 3,943,232
 
    9,125,352
Thrifts & Mortgage Finance - 0.6%    
Capitol Federal Financial, Inc. 416,998 4,987,296
 
    200,841,826
Health Care - 7.0%    
Health Care Equipment & Supplies - 0.9%    
STERIS Corp. 36,800 1,305,296
Wright Medical Group, Inc. (I)(L) 178,900 3,955,479
Zimmer Holdings, Inc. 19,900 1,345,638
 
    6,606,413
Health Care Providers & Services - 3.3%    
HealthSouth Corp. (I)(L) 366,670 8,822,080
Kindred Healthcare, Inc. (I)(L) 222,900 2,536,602
Quest Diagnostics, Inc. 111,800 7,091,474
Select Medical Holdings Corp. (I) 250,400 2,811,992
Tenet Healthcare Corp. (I) 693,200 4,346,364
 
    25,608,512
Life Sciences Tools & Services - 0.7%    
Life Technologies Corp. (I) 114,200 5,582,096
Pharmaceuticals - 2.1%    
Forest Laboratories, Inc. (I) 185,200 6,594,972
Hospira, Inc. (I) 297,400 9,760,668
 
    16,355,640
    54,152,661
Industrials - 8.3%    
Aerospace & Defense - 2.7%    
Raytheon Company (L) 92,400 5,281,584
Textron, Inc. (L) 583,200 15,262,344
 
    20,543,928
Airlines - 1.6%    
Southwest Airlines Company (L) 1,438,400 12,614,768
Commercial Services & Supplies - 1.1%    
ACCO Brands Corp. (I) 169,418 1,099,523
Cintas Corp. (L) 180,800 7,494,160
 
    8,593,683
Electrical Equipment - 0.5%    
The Babcock & Wilcox Company (I) 156,104 3,975,969
Machinery - 1.1%    
Ingersoll-Rand PLC 191,900 8,600,958
Professional Services - 1.2%    
Manpower, Inc. 243,400 8,957,120
Road & Rail - 0.1%    
Ryder Systems, Inc. 13,100 511,686
 
    63,798,112
Information Technology - 6.9%    
Communications Equipment - 0.7%    
ADTRAN, Inc. (L) 200,400 3,462,912

 

Mid Value Trust (continued)    
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Communications Equipment (continued)    
Tellabs, Inc. 495,800 $ 1,755,132
 
    5,218,044
Computers & Peripherals - 0.3%    
NetApp, Inc. (I) 76,500 2,515,320
Electronic Equipment, Instruments & Components - 1.5%  
AVX Corp. 302,700 2,902,893
Molex, Inc., Class A 389,527 8,460,526
 
    11,363,419
IT Services - 2.7%    
Automatic Data Processing, Inc. 10,800 633,528
CoreLogic, Inc. (I) 452,100 11,994,213
Lender Processing Services, Inc. 300,300 8,375,367
 
    21,003,108
Semiconductors & Semiconductor Equipment - 1.6%  
Applied Materials, Inc. 587,700 6,561,671
ASML Holding NV (L) 51,683 2,774,343
Marvell Technology Group, Ltd. 60,200 550,830
ON Semiconductor Corp. (I) 380,200 2,345,834
 
    12,232,678
Software - 0.1%    
Electronic Arts, Inc. (I) 83,500 1,059,615
 
    53,392,184
Materials - 7.5%    
Chemicals - 1.5%    
International Flavors & Fragrances, Inc. 101,400 6,041,412
The Scotts Miracle-Gro Company, Class A (L) 132,100 5,742,387
 
    11,783,799
Construction Materials - 1.1%    
Vulcan Materials Company (L) 183,907 8,698,801
Containers & Packaging - 1.2%    
Packaging Corp. of America 242,900 8,817,270
Metals & Mining - 2.7%    
Agnico Eagle Mines, Ltd. 14,593 757,085
AngloGold Ashanti, Ltd., ADR 225,600 7,907,280
Franco-Nevada Corp. (L) 70,200 4,138,023
Newmont Mining Corp. 147,600 8,267,076
 
    21,069,464
Paper & Forest Products - 1.0%    
MeadWestvaco Corp. 240,900 7,371,540
 
    57,740,874
Telecommunication Services - 1.2%    
Wireless Telecommunication Services - 1.2%    
Telephone & Data Systems, Inc. (L) 353,336 9,048,935
Utilities - 7.4%    
Electric Utilities - 3.7%    
American Electric Power Company, Inc. 138,600 6,090,084
Duke Energy Corp. 33,833 2,192,378
FirstEnergy Corp. 189,511 8,357,435
Pepco Holdings, Inc. (L) 134,500 2,542,050
PPL Corp. 322,400 9,365,720
 
    28,547,667
Independent Power Producers & Energy Traders - 2.8%  
Calpine Corp. (I) 458,100 7,925,130
GenOn Energy, Inc. (I) 3,769,786 9,537,559
NRG Energy, Inc. (L) 191,400 4,094,046
 
    21,556,735

 

255

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Mid Value Trust (continued)      
  Shares or  
  Principal  
  Amount Value
 
COMMON STOCKS (continued)      
Multi-Utilities - 0.9%      
NiSource, Inc. 196,200 $ 4,999,176
TECO Energy, Inc. 102,700 1,821,898
 
      6,821,074
      56,925,476
TOTAL COMMON STOCKS (Cost $630,349,111)   $ 717,859,463
 
CONVERTIBLE BONDS - 0.3%      
Materials - 0.3%      
Alcoa, Inc. 5.250%, 03/15/2014 $  1,527,000 $ 2,268,549
TOTAL CONVERTIBLE BONDS (Cost $2,459,327)   $ 2,268,549
 
SECURITIES LENDING COLLATERAL - 15.2%      
John Hancock Collateral      
Investment Trust, 0.3462% (W)(Y) 11,704,086 $ 117,141,518
TOTAL SECURITIES LENDING      
COLLATERAL (Cost $117,134,718)   $ 117,141,518
 
SHORT-TERM INVESTMENTS - 6.5%      
Money Market Funds - 6.5%      
State Street Institutional U.S. Government      
Money Market Fund, 0.0469% (Y) 1,028,794 1,028,794
T. Rowe Price Reserve Investment      
Fund, 0.1066% (Y) 49,238,197 49,238,197
 
      50,266,991
TOTAL SHORT-TERM INVESTMENTS (Cost $50,266,991) $ 50,266,991
Total Investments (Mid Value Trust)      
(Cost $800,210,147) - 115.2%   $ 887,536,521
Other assets and liabilities, net - (15.2%)     (117,369,294)
TOTAL NET ASSETS - 100.0%   $ 770,167,227
 
 
 
Money Market Trust      
  Shares or  
  Principal  
  Amount Value
 
COMMERCIAL PAPER - 14.9%      
Bank of New York Mellon Corp. 0.100%,      
10/02/2012 * $  150,000,000 $ 149,999,583
Bank of Tokyo-Mitsubishi UFJ, Ltd. 0.440%,      
03/12/2013 * 10,000,000 9,980,200
Barclays U.S. Funding LLC 0.150%,      
10/02/2012 * 50,000,000 49,999,792
Barclays U.S. Funding LLC 0.050%,      
10/01/2012 * 85,000,000 85,000,000
CPPIB Capital, Inc. 0.110%, 10/04/2012 * 3,800,000 3,799,965
Deutsche Bank Financial LLC 0.140%,      
10/15/2012 * 7,872,000 7,871,571
General Electric Capital Corp. 0.060%,      
10/01/2012 * 25,000,000 25,000,000
National Australia Funding 0.330%,      
09/10/2013 * 30,000,000 29,905,400
Sigma-Aldrich Corp. 0.130%, 10/04/2012 * 63,819,000 63,818,309
Sigma-Aldrich Corp. 0.120%, 10/03/2012 * 3,676,000 3,675,975
Wal-Mart Stores, Inc. 0.090%, 10/03/2012 * 54,000,000 53,999,730
TOTAL COMMERCIAL PAPER (Cost $483,050,525)   $ 483,050,525

 

Money Market Trust (continued)  
    Shares or  
    Principal  
    Amount Value
 
 
CORPORATE INTEREST-BEARING      
OBLIGATIONS - 29.5%      
American Honda Finance Corp.      
0.593%, 05/02/2013 (P)(S)* $ 13,000,000 $ 13,009,749
American Honda Finance Corp.      
0.519%, 08/02/2013 (P)(S)*   75,000,000 75,000,000
ANZ National International, Ltd.      
0.508%, 04/12/2013 (P)(S)*   50,000,000 50,000,000
Credit Suisse New York 5.000%, 05/15/2013 * 20,000,000 20,548,030
Deutsche Bank AG 4.875%, 05/20/2013 *   12,750,000 13,095,068
General Electric Capital Corp. 5.450%,      
01/15/2013 *   35,000,000 35,499,434
General Electric Capital Corp. 5.250%,      
10/19/2012 *   32,367,000 32,438,573
General Electric Capital Corp. 4.800%,      
05/01/2013 *   20,000,000 20,482,724
General Electric Capital Corp. 1.875%,      
09/16/2013 *   37,600,000 38,127,085
JPMorgan Chase & Company 5.375%,      
10/01/2012 *   58,030,000 58,030,000
JPMorgan Chase & Company 4.750%,      
05/01/2013 *   78,795,000 80,687,797
JPMorgan Chase & Company 1.650%,      
09/30/2013 *   13,000,000 13,158,286
JPMorgan Chase & Company      
0.617%, 12/26/2012 (P)*   86,796,000 86,907,446
National Australia Bank, Ltd.      
0.538%, 04/10/2013 (P)*   50,000,000 50,000,000
Toyota Motor Credit Corp. 0.532%,      
07/25/2013 *   60,000,000 60,000,000
Toyota Motor Credit Corp.      
0.499%, 06/13/2013 (P)*   85,000,000 85,000,000
Wachovia Corp. 5.500%, 05/01/2013 *   75,000,000 77,046,261
Wachovia Corp. 2.215%, 05/01/2013 (P)*   30,000,000 30,306,137
Wells Fargo & Company 4.375%,      
01/31/2013 *   50,000,000 50,626,944
Westpac Banking Corp.      
1.010%, 04/08/2013 (P)(S)*   18,470,000 18,512,917
Westpac Banking Corp.      
0.550%, 04/12/2013 (P)(S)*   50,000,000 50,000,000
TOTAL CORPORATE INTEREST-BEARING    
OBLIGATIONS (Cost $958,476,451)   $ 958,476,451
 
U.S. GOVERNMENT & AGENCY      
OBLIGATIONS - 18.5%      
U.S. Government - 17.9%      
U.S. Treasury Bill      
0.055%, 10/25/2012 *   150,000,000 149,994,500
0.070%, 10/18/2012 *   155,500,000 155,494,860
0.095%, 10/11/2012 *   250,000,000 249,993,403
0.145%, 01/31/2013 *   24,700,000 24,687,863
U.S. Government Agency - 0.6%      
Federal Home Loan Bank 0.080%,      
10/01/2012 *   12,800,000 12,800,000
Federal Home Loan Mortgage Corp.      
0.280%, 10/12/2012 (P)*   7,000,000 7,000,043
TOTAL U.S. GOVERNMENT & AGENCY    
OBLIGATIONS (Cost $599,970,669)   $ 599,970,669
 
CERTIFICATE OF DEPOSIT - 37.0%      
Australia & New Zealand Banking Group, Ltd.    
0.466%, 05/16/2013 *   80,000,000 80,005,025
Bank of Montreal      
0.140%, 10/01/2012*   100,000,000 100,000,000
0.110%, 10/05/2012 *   50,000,000 50,000,000

 

256

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Money Market Trust (continued)    
   Shares or  
     Principal  
     Amount Value
 
 
CERTIFICATE OF DEPOSIT (continued)      
Bank of Nova Scotia      
0.875%, 10/18/2013 * $  40,000,000 $ 40,164,299
0.540%, 10/12/2012 (P)* 20,000,000 20,000,000
0.470%, 04/18/2013 (P)* 60,000,000 60,000,000
Bank of Tokyo-Mitsubishi UFJ, Ltd.      
0.717%, 05/14/2013 (P)* 80,000,000 80,004,981
0.520%, 11/26/2012 * 25,000,000 25,000,000
0.520%, 12/03/2012 * 40,000,000 40,000,349
Canadian Imperial Bank of Commerce      
0.540%, 06/05/2013 (P)* 50,000,000 50,003,424
0.465%, 10/17/2012 (P)* 53,000,000 53,000,000
Credit Suisse New York 0.450%, 12/04/2012 * 50,000,000 49,996,804
Deutsche Bank AG 1.105%, 01/18/2013 * 13,200,000 13,225,722
National Bank of Canada      
0.610%, 10/12/2012 (P)* 40,000,000 40,000,000
0.518%, 06/18/2013 * 50,000,000 50,000,000
0.380%, 09/13/2013 * 50,000,000 50,000,000
Royal Bank of Canada      
0.770%, 11/28/2012 * 75,000,000 75,000,000
0.580%, 10/05/2012 (P)* 100,000,000 100,000,000
Toronto-Dominion Bank      
0.330%, 09/10/2013 * 50,000,000 50,000,000
0.160%, 10/30/2012 * 75,000,000 75,000,000
Westpac Banking Corp. 0.590%, 04/24/2013 * 100,000,000 100,000,000
TOTAL CERTIFICATE OF DEPOSIT (Cost $1,201,400,604) $ 1,201,400,604
Total Investments (Money Market Trust)      
(Cost $3,242,898,249) - 99.9%   $ 3,242,898,249
Other assets and liabilities, net - 0.1%     3,277,577
TOTAL NET ASSETS - 100.0%   $ 3,246,175,826
 
 
 
Money Market Trust B      
   Shares or  
   Principal  
   Amount Value
 
 
COMMERCIAL PAPER - 22.2%      
Bank of New York Mellon Corp. 0.100%,      
10/02/2012 * 26,000,000 $ 25,999,928
Bank of Nova Scotia 0.125%, 10/03/2012 * 6,000,000 5,999,958
Bank of Tokyo-Mitsubishi UFJ, Ltd. 0.430%,      
03/13/2013 * 5,000,000 4,990,265
Barclays U.S. Funding LLC 0.050%,      
10/01/2012 * 5,000,000 5,000,000
BMW US Capital LLC 0.150%, 10/01/2012 * 4,750,000 4,750,000
CPPIB Capital, Inc. 0.110%, 10/01/2012 * 4,953,000 4,953,000
Deutsche Bank Financial LLC 0.140%,      
10/18/2012 * 20,400,000 20,398,651
National Australia Funding 0.330%,      
09/10/2013 * 5,000,000 4,984,233
Old Line Funding LLC 0.150%, 10/03/2012 * 7,000,000 6,999,942
Sigma-Aldrich Corp. 0.120%, 10/05/2012 * 15,000,000 14,999,800
United Technologies Corp. 0.120%,      
10/01/2012 * 5,000,000 5,000,000
Wal-Mart Stores, Inc. 0.090%, 10/03/2012 * 15,000,000 14,999,925
Wal-Mart Stores, Inc. 0.090%, 10/25/2012 * 2,377,000 2,376,857
TOTAL COMMERCIAL PAPER (Cost $121,452,559)   $ 121,452,559
 
CORPORATE INTEREST-BEARING      
OBLIGATIONS - 25.4%      
American Honda Finance Corp.      
0.519%, 08/02/2013 (P)(S)* 10,000,000 10,000,000

 

Money Market Trust B (continued)  
    Shares or  
    Principal  
    Amount Value
 
 
CORPORATE INTEREST-BEARING      
OBLIGATIONS (continued)      
American Honda Finance Corp.      
0.593%, 05/02/2013 (P)(S)* $ 2,000,000 $ 2,001,500
ANZ National International, Ltd.      
0.508%, 04/12/2013 (P)(S)*   10,000,000 10,000,000
Credit Suisse New York 5.000%, 05/15/2013 * 5,000,000 5,137,008
Deutsche Bank AG 4.875%, 05/20/2013 *   2,250,000 2,310,894
General Electric Capital Corp. 1.875%,      
09/16/2013 *   2,400,000 2,433,644
General Electric Capital Corp. 4.800%,      
05/01/2013 *   5,000,000 5,120,681
General Electric Capital Corp. 5.250%,      
10/19/2012 *   4,735,000 4,745,470
General Electric Capital Corp. 5.450%,      
01/15/2013 *   5,000,000 5,071,348
General Electric Company 5.000%,      
02/01/2013 *   5,000,000 5,075,643
JPMorgan Chase & Company 1.650%,      
09/30/2013 *   2,000,000 2,024,352
JPMorgan Chase & Company 4.750%,      
05/01/2013 *   13,000,000 13,311,957
JPMorgan Chase & Company 5.375%,      
10/01/2012 *   10,052,000 10,052,000
National Australia Bank, Ltd.      
0.538%, 04/10/2013 (P)*   7,000,000 7,000,000
Toyota Motor Credit Corp.      
0.499%, 06/13/2013 (P)*   15,000,000 15,000,000
Toyota Motor Credit Corp.      
0.532%, 07/25/2013 (P)*   10,000,000 10,000,000
Wachovia Corp. 2.215%, 05/01/2013 (P)*   4,553,000 4,599,461
Wachovia Corp. 5.500%, 05/01/2013 *   15,000,000 15,409,252
Wells Fargo & Company 4.375%,      
01/31/2013 *   5,000,000 5,062,694
Westpac Banking Corp.      
0.550%, 04/12/2013 (P)(S)*   5,000,000 5,000,000
TOTAL CORPORATE INTEREST-BEARING    
OBLIGATIONS (Cost $139,355,904)   $ 139,355,904
 
U.S. GOVERNMENT & AGENCY      
OBLIGATIONS - 17.5%      
U.S. Government - 17.3%      
U.S. Treasury Bill      
0.055%, 10/25/2012 *   50,000,000 49,998,167
0.095%, 10/11/2012 *   24,950,000 24,949,342
0.145%, 01/31/2013 to 05/02/2013 *   15,000,000 14,990,796
0.168%, 04/04/2013 *   5,000,000 4,995,696
U.S. Government Agency - 0.2%      
Federal Home Loan Mortgage Corp.      
0.280%, 10/12/2012 (P)*   1,000,000 1,000,006
TOTAL U.S. GOVERNMENT & AGENCY    
OBLIGATIONS (Cost $95,934,007)   $ 95,934,007
 
CERTIFICATE OF DEPOSIT - 35.7%      
Australia & New Zealand Banking Group, Ltd.    
0.437%, 05/16/2013 *   10,000,000 10,000,628
Bank of Montreal 0.140%, 10/01/2012 *   25,000,000 25,000,000
Bank of Nova Scotia      
0.470%, 04/18/2013 (P)*   10,000,000 10,000,000
0.540%, 10/12/2012 (P)*   3,500,000 3,500,000
0.875%, 10/18/2013 (P)*   6,500,000 6,526,699
Bank of Tokyo-Mitsubishi UFJ, Ltd.      
0.520%, 11/26/2012 *   5,000,000 5,000,000
0.520%, 12/03/2012 *   5,000,000 5,000,044
0.687%, 05/14/2013 (P)*   10,000,000 10,000,623

 

257

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Money Market Trust B (continued)    
   Shares or  
   Principal  
   Amount Value
 
CERTIFICATE OF DEPOSIT (continued)      
Canadian Imperial Bank of Commerce      
0.465%, 10/17/2012 (P)* $ 7,000,000 $ 7,000,000
0.481%, 04/04/2013 (P)* 8,000,000 8,000,000
0.540%, 06/05/2013 (P)* 10,000,000 10,000,685
Credit Suisse New York 0.450%, 12/04/2012 * 5,000,000 5,000,000
Deutsche Bank AG 1.105%, 01/18/2013 (P)* 2,340,000 2,344,560
National Bank of Canada      
0.380%, 09/13/2013 (P)* 8,000,000 8,000,000
0.435%, 06/18/2013 * 5,000,000 5,000,000
0.610%, 10/12/2012 (P)* 7,000,000 7,000,000
Royal Bank of Canada      
0.580%, 10/05/2012 (P)* 15,000,000 15,000,000
0.770%, 11/28/2012 * 10,000,000 10,000,000
Toronto-Dominion Bank      
0.160%, 10/24/2012 * 20,000,000 20,000,000
0.330%, 09/10/2013 * 5,000,000 5,000,000
Westpac Banking Corp.      
0.590%, 04/24/2013 * 15,000,000 15,000,000
0.650%, 02/12/2013 * 3,000,000 3,000,439
TOTAL CERTIFICATE OF DEPOSIT (Cost $195,373,678) $ 195,373,678
Total Investments (Money Market Trust B)      
(Cost $552,116,148) - 100.8%   $ 552,116,148
Other assets and liabilities, net - (0.8%)     (4,114,389)
TOTAL NET ASSETS - 100.0%   $ 548,001,759
 
 
 
 
Mutual Shares Trust      
   Shares or  
   Principal  
   Amount Value
 
COMMON STOCKS - 84.1%      
Consumer Discretionary - 8.4%      
Automobiles - 0.8%      
General Motors Company (I) 226,720 $ 5,157,873
Media - 6.9%      
British Sky Broadcasting Group PLC 469,964 5,646,014
CBS Corp., Class B 187,137 6,798,687
Comcast Corp., Special Class A   37,717 1,312,552
News Corp., Class B 420,126 10,419,125
Reed Elsevier PLC 790,410 7,567,369
Time Warner Cable, Inc. 129,603 12,320,061
 
      44,063,808
Multiline Retail - 0.7%      
Kohl’s Corp.   84,260 4,315,797
Textiles, Apparel & Luxury Goods - 0.0%      
Cie Financiere Richemont SA   2,634 157,929
 
      53,695,407
Consumer Staples - 16.7%      
Beverages - 2.5%      
Coca-Cola Enterprises, Inc. 135,677 4,242,620
Dr. Pepper Snapple Group, Inc. 111,732 4,975,426
Pernod-Ricard SA   59,539 6,690,746
 
      15,908,792
Food & Staples Retailing - 4.6%      
CVS Caremark Corp. 276,214 13,374,282
The Kroger Company 331,604 7,805,958
Wal-Mart Stores, Inc.   47,155 3,480,039

 

Mutual Shares Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Food & Staples Retailing (continued)    
Walgreen Company 130,216 $ 4,745,071
 
    29,405,350
Food Products - 3.0%    
General Mills, Inc. 146,031 5,819,335
Kraft Foods, Inc. (I) 322,835 13,349,227
 
    19,168,562
Personal Products - 0.3%    
Avon Products, Inc. 123,497 1,969,777
Tobacco - 6.3%    
Altria Group, Inc. 191,071 6,379,861
British American Tobacco PLC 246,940 12,697,317
Imperial Tobacco Group PLC 277,620 10,290,534
Lorillard, Inc. 41,748 4,861,555
Philip Morris International, Inc. 45,744 4,114,215
Reynolds American, Inc. 35,112 1,521,754
 
    39,865,236
 
    106,317,717
Energy - 11.2%    
Energy Equipment & Services - 2.5%    
Baker Hughes, Inc. 163,796 7,408,493
Ensco PLC, Class A 50,628 2,762,264
Transocean, Ltd. 124,900 5,606,761
 
    15,777,518
Oil, Gas & Consumable Fuels - 8.7%    
Apache Corp. 93,420 8,078,027
BP PLC 610,393 4,308,275
CONSOL Energy, Inc. (L) 217,360 6,531,668
Marathon Oil Corp. 384,813 11,378,920
Marathon Petroleum Corp. 48,592 2,652,637
Murphy Oil Corp. 78,070 4,191,578
Nexen, Inc. 244,770 6,202,472
Royal Dutch Shell PLC, A Shares 314,207 10,883,201
WPX Energy, Inc. (I) 54,372 902,031
 
    55,128,809
 
    70,906,327
Financials - 15.2%    
Capital Markets - 0.9%    
Morgan Stanley 330,472 5,532,101
Commercial Banks - 3.2%    
Bond Street Holdings LLC, Class A (I)(S) 60,504 1,119,324
CIT Group, Inc. (I) 84,645 3,334,167
Guaranty Bancorp (I) 21,927 44,293
KB Financial Group, Inc. 45,036 1,590,600
PNC Financial Services Group, Inc. 171,574 10,826,319
Wells Fargo & Company 105,990 3,659,835
 
    20,574,538
Diversified Financial Services - 2.6%    
AET&D Holdings No 1, Ltd. (I) 534,996 1
Citigroup, Inc. 164,115 5,369,843
Deutsche Boerse AG 20,534 1,137,180
ING Groep NV (I) 463,509 3,684,642
JPMorgan Chase & Company 104,970 4,249,186
NYSE Euronext 98,595 2,430,367
 
    16,871,219
Insurance - 7.1%    
ACE, Ltd. 115,542 8,734,975
Alleghany Corp. (I) 18,804 6,486,252
American International Group, Inc. (I) 303,475 9,950,945

 

258

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Mutual Shares Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Insurance (continued)    
CNO Financial Group, Inc. 140,706 $ 1,357,813
MetLife, Inc. 115,990 3,997,015
White Mountains Insurance Group, Ltd. (L) 20,381 10,462,383
Zurich Insurance Group AG (I) 15,769 3,926,348
 
    44,915,731
Real Estate Investment Trusts - 0.9%    
Alexander’s, Inc. 13,593 5,810,872
Real Estate Management & Development - 0.5%    
Canary Wharf Group PLC (I) 555,649 1,990,461
Forestar Group, Inc. (I)(L) 64,569 1,075,720
 
    3,066,181
    96,770,642
Health Care - 10.4%    
Biotechnology - 0.4%    
Amgen, Inc. 33,981 2,865,278
Health Care Equipment & Supplies - 2.2%    
Boston Scientific Corp. (I) 684,504 3,929,053
Medtronic, Inc. 230,685 9,947,137
 
    13,876,190
Health Care Providers & Services - 2.1%    
Cigna Corp. 170,971 8,064,702
Community Health Systems, Inc. (I) 58,797 1,713,345
WellPoint, Inc. 57,686 3,346,365
 
    13,124,412
Pharmaceuticals - 5.7%    
Eli Lilly & Company 50,772 2,407,101
Hospira, Inc. (I) 80,603 2,645,390
Merck & Company, Inc. 444,780 20,059,578
Pfizer, Inc. 306,162 7,608,126
Teva Pharmaceutical Industries, Ltd., ADR 88,990 3,685,076
 
    36,405,271
    66,271,151
Industrials - 4.8%    
Aerospace & Defense - 1.5%    
GenCorp, Inc. (I)(L) 92,209 875,063
Huntington Ingalls Industries, Inc. (I) 100,004 4,205,168
Raytheon Company 76,157 4,353,134
 
    9,433,365
Building Products - 0.8%    
Owens Corning, Inc. (I) 164,695 5,510,695
Machinery - 1.4%    
Federal Signal Corp. (I) 140,014 884,888
Oshkosh Corp. (I) 120,640 3,309,155
Stanley Black & Decker, Inc. 59,782 4,558,378
 
    8,752,421
Marine - 1.1%    
A P Moller Maersk A/S, Series A 950 6,809,436
 
    30,505,917
Information Technology - 8.3%    
Communications Equipment - 1.4%    
Cisco Systems, Inc. 393,810 7,517,833
Research In Motion, Ltd. (I)(L) 129,910 974,325
 
    8,492,158
Computers & Peripherals - 0.7%    
Hewlett-Packard Company 259,350 4,424,511

 

Mutual Shares Trust (continued)  
    Shares or  
    Principal  
    Amount Value
 
COMMON STOCKS (continued)      
Electronic Equipment, Instruments & Components - 0.9%  
TE Connectivity, Ltd.   166,850 $ 5,674,569
Internet Software & Services - 0.9%      
Google, Inc., Class A (I)   7,682 5,796,069
Office Electronics - 1.0%      
Xerox Corp.   866,914 6,363,149
Software - 3.4%      
Microsoft Corp.   495,256 14,748,724
Nintendo Company, Ltd.   13,665 1,718,325
Symantec Corp. (I)   292,910 5,272,380
 
      21,739,429
 
      52,489,885
Materials - 3.8%      
Chemicals - 0.7%      
Linde AG   25,935 4,471,396
Metals & Mining - 0.6%      
ThyssenKrupp AG   183,944 3,916,431
Paper & Forest Products - 2.5%      
Domtar Corp.   25,220 1,974,474
International Paper Company   282,516 10,260,981
MeadWestvaco Corp.   108,391 3,316,765
 
      15,552,220
 
      23,940,047
Telecommunication Services - 2.0%      
Diversified Telecommunication Services - 0.1%    
Cable & Wireless Communications PLC   781,018 455,624
Wireless Telecommunication Services - 1.9%    
Vodafone Group PLC   4,203,728 11,964,067
 
      12,419,691
Utilities - 3.3%      
Electric Utilities - 1.2%      
Entergy Corp.   39,973 2,770,129
Exelon Corp.   139,455 4,961,809
 
      7,731,938
Independent Power Producers & Energy Traders - 0.8%  
NRG Energy, Inc. (L)   223,289 4,776,152
Multi-Utilities - 1.3%      
E.ON AG   237,101 5,634,713
GDF Suez   116,226 2,604,663
 
      8,239,376
 
      20,747,466
TOTAL COMMON STOCKS (Cost $474,734,386) $ 534,064,250
CORPORATE BONDS - 1.7%      
Consumer Discretionary - 0.2%      
Clear Channel Communications, Inc., PIK      
11.000%, 08/01/2016 $ 1,404,000 $ 982,800
Tropicana Entertainment LLC      
9.625%, 12/15/2014 (H)   1,180,000 0
 
      982,800
Energy - 0.3%      
Energy Future Intermediate      
Holding Company LLC      
11.000%, 10/01/2021   540,000 559,575
11.750%, 03/01/2022 (S)   1,453,000 1,543,813
 
      2,103,388

 

259

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Mutual Shares Trust (continued)  
    Shares or  
    Principal  
    Amount Value
 
 
CORPORATE BONDS (continued)      
Financials - 0.2%      
Realogy Corp.      
7.875%, 02/15/2019 (S) $ 611,000 $ 641,550
9.000%, 01/15/2020 (S)   270,000 297,675
11.500%, 04/15/2017   437,000 468,683
 
      1,407,908
Industrials - 0.2%      
American Airlines, Inc.      
7.500%, 03/15/2016 (H)(S)   1,606,000 1,614,030
Telecommunication Services - 0.2%      
Wind Acquisition Finance SA      
7.375%, 02/15/2018 (S)   422,000 497,937
11.750%, 07/15/2017 (S)   113,000 106,503
11.750%, 07/15/2017 (S)   329,000 387,902
 
      992,342
Utilities - 0.6%      
Texas Competitive Electric Holdings      
Company LLC      
11.500%, 10/01/2020 (S)   4,128,000 3,230,160
Texas Competitive Electric Holdings      
Company LLC, Series A      
10.250%, 11/01/2015   1,116,000 301,320
 
      3,531,480
TOTAL CORPORATE BONDS (Cost $11,875,251) $ 10,631,948
 
CONVERTIBLE BONDS - 0.5%      
Financials - 0.5%      
iStar Financial, Inc.      
0.960%, 10/01/2012 (P) $ 2,181,000 $ 2,164,643
Realogy Corp.      
11.000%, 04/15/2018 (S)   1,036,180 974,009
 
      3,138,652
TOTAL CONVERTIBLE BONDS (Cost $3,032,385) $ 3,138,652
 
TERM LOANS (M) - 2.4%      
Consumer Discretionary - 1.2%      
Clear Channel Communications, Inc.      
3.866%, 01/28/2016   3,843,559 3,135,502
3.866%, 01/28/2016   766,135 612,908
3.866%, 01/29/2016   654,537 523,630
Tribune Company      
- 06/04/2014 (H)   4,289,000 3,235,759
- 06/04/2014 (H)   340,000 255,708
 
      7,763,507
Financials - 0.3%      
iStar Financial, Inc.      
5.000%, 06/28/2013   160,334 160,267
5.250%, 03/18/2016   83,153 83,725
7.000%, 06/30/2014   230,000 230,920
7.000%, 03/17/2017   390,000 399,425
Realogy Corp.      
0.665%, 04/18/2016   604,143 546,749
13.500%, 10/15/2017   657,000 661,106
 
      2,082,192
Industrials - 0.1%      
Navistar Inc      
7.000%, 08/17/2017   387,000 392,321

 

Mutual Shares Trust (continued)    
  Shares or  
  Principle  
  Amount Value
 
 
TERM LOANS (M) (continued)      
Utilities - 0.8%      
Texas Competitive Electric Holdings      
Company LLC      
4.757%, 10/10/2017 $ 7,466,240  $ 5,124,872
TOTAL TERM LOANS (Cost $16,644,815)   $ 15,362,892
 
SECURITIES LENDING COLLATERAL - 1.6%      
John Hancock Collateral      
Investment Trust, 0.3462% (W)(Y) 1,016,004 $ 10,168,780
TOTAL SECURITIES LENDING      
COLLATERAL (Cost $10,168,739)   $ 10,168,780
 
SHORT-TERM INVESTMENTS - 11.1%      
U.S. Government - 9.1%      
U.S. Treasury Bill      
0.080%, 10/18/2012 5,000,000 $ 4,999,845
0.080%, 10/11/2012 5,300,000 5,299,921
0.080%, 10/25/2012 2,700,000 2,699,900
0.085%, 10/04/2012 4,000,000 3,999,984
0.085%, 12/06/2012 1,100,000 1,099,844
0.085%, 01/03/2013 4,000,000 3,999,192
0.090%, 11/29/2012 1,000,000 999,893
0.090%, 11/15/2012 3,000,000 2,999,709
0.090%, 01/17/2013 3,000,000 2,999,325
0.090%, 11/23/2012 500,000 499,945
0.095%, 12/27/2012 2,000,000 1,999,554
0.095%, 12/13/2012 3,000,000 2,999,499
0.100%, 01/31/2013 3,000,000 2,999,085
0.110%, 02/07/2013 7,000,000 6,997,368
0.110%, 02/21/2013 4,000,000 3,998,212
0.130%, 03/21/2013 6,000,000 5,996,226
0.130%, 03/14/2013 3,500,000 3,497,848
 
      58,085,350
Repurchase Agreement - 2.0%      
Repurchase Agreement with State Street Corp.      
dated 09/28/2012 at 0.010% to be      
repurchased at $12,553,010 on 10/01/2012,      
collateralized by $12,790,000 Federal Home      
Loan Bank, 0.350% due 07/17/2013 (valued      
at $12,805,988 including interest) 12,553,000 12,553,000
TOTAL SHORT-TERM INVESTMENTS (Cost $70,635,037) $ 70,638,350
Total Investments (Mutual Shares Trust)      
(Cost $587,090,613) - 101.4%   $ 644,004,872
Other assets and liabilities, net - (1.4%)     (8,596,213)
 
TOTAL NET ASSETS - 100.0%   $ 635,408,659
 
SALE COMMITMENTS OUTSTANDING - (0.1)%    
 
 
   Shares or  
   Principle  
   Amount Value
 
SALE COMMITMENTS OUTSTANDING      

 

260

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

  Shares or  
  Principal  
  Amount Value
 
 
Food Products - (0.1)%    
Kraft Foods Group, Inc. (16,631) $ (742,574)
TOTAL SALE COMMITMENTS    
OUTSTANDING (Cost $(767,573)) $ (742,574)
 
 
 
Natural Resources Trust    
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS - 93.2%    
Energy - 58.2%    
Energy Equipment & Services - 6.0%    
Baker Hughes, Inc. 27,650 $ 1,250,610
Cameron International Corp. (I) 22,700 1,272,789
Dril-Quip, Inc. (I)(L) 14,600 1,049,448
National Oilwell Varco, Inc. (L) 18,850 1,510,074
Noble Corp. (I) 31,200 1,116,336
Patterson-UTI Energy, Inc. 91,350 1,446,984
Schlumberger, Ltd. 36,650 2,650,895
Tidewater, Inc. 19,550 948,762
 
    11,245,898
Oil, Gas & Consumable Fuels - 52.2%    
Alpha Natural Resources, Inc. (I) 120,200 789,714
Anadarko Petroleum Corp. 36,450 2,548,584
ARC Resources, Ltd. 128,100 3,114,220
BG Group PLC 205,196 4,155,034
BP PLC, ADR 56,637 2,399,143
Cabot Oil & Gas Corp. 64,600 2,900,540
Canadian Natural Resources, Ltd. 28,170 869,084
Chesapeake Energy Corp. (L) 48,518 915,535
Chevron Corp. 31,690 3,693,786
Cobalt International Energy, Inc. (I)(L) 34,100 759,407
Concho Resources, Inc. (I) 20,715 1,962,746
ConocoPhillips 33,200 1,898,376
CONSOL Energy, Inc. (L) 36,121 1,085,436
Denbury Resources, Inc. (I) 228,013 3,684,690
Encana Corp. (L) 47,454 1,039,248
EOG Resources, Inc. 17,118 1,918,072
EQT Corp. 48,414 2,856,426
Imperial Oil, Ltd. 60,400 2,780,212
Kosmos Energy, Ltd. (I) 11,900 135,541
Laredo Petroleum Holdings, Inc. (I) 40,000 879,200
Marathon Petroleum Corp. 34,350 1,875,167
New Hope Corp., Ltd 300 1,397
Occidental Petroleum Corp. 49,200 4,234,152
Oil Search, Ltd. 718,974 5,503,423
Ophir Energy PLC (I) 189,542 1,864,817
Peabody Energy Corp. (L) 118,100 2,632,449
Petroleo Brasileiro SA, ADR 67,852 1,556,525
Peyto Exploration & Development Corp. 205,306 5,057,991
Phillips 66 52,650 2,441,381
Pioneer Natural Resources Company 14,150 1,477,260
QEP Resources, Inc. 78,800 2,494,808
Range Resources Corp. 55,600 3,884,772
Reliance Industries, Ltd. 71,108 1,123,525
Reliance Industries, Ltd., GDR (London    
Stock Exchange) (S) 14,736 463,819
Repsol SA 71,780 1,397,102
Repsol SA, ADR 35,700 689,010
Salamander Energy PLC (I) 716,097 2,318,548
Sasol, Ltd., ADR 29,650 1,321,797
Southwestern Energy Company (I) 198,800 6,914,264
Statoil ASA, ADR (L) 79,700 2,055,463
Suncor Energy, Inc. 69,878 2,298,703

 

Natural Resources Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Oil, Gas & Consumable Fuels (continued)    
Talisman Energy, Inc. 130,715 $ 1,741,124
Tesoro Corp. 25,100 1,051,690
Tullow Oil PLC 131,839 2,924,364
Whiting Petroleum Corp. (I) 23,000 1,089,740
 
    98,798,285
 
    110,044,183
Financials - 0.6%    
Diversified Financial Services - 0.6%    
PICO Holdings, Inc. (I) 51,000 1,163,820
Industrials - 0.1%    
Commercial Services & Supplies - 0.1%    
Mineral Resources, LTD. 26,610 211,564
Materials - 32.0%    
Chemicals - 5.8%    
FMC Corp. 41,332 2,288,966
LyondellBasell Industries NV, Class A 41,050 2,120,643
Praxair, Inc. 16,600 1,724,408
The Mosaic Company 82,500 4,752,825
 
    10,886,842
Construction Materials - 2.7%    
CRH PLC (London Exchange) 75,346 1,454,357
Martin Marietta Materials, Inc. 43,900 3,637,993
 
    5,092,350
Metals & Mining - 23.5%    
Alumina, Ltd. 1,593,859 1,388,661
Anglo American Platinum, Ltd. (L) 18,506 952,928
AngloGold Ashanti, Ltd., ADR 25,533 894,932
Antofagasta PLC 210,724 4,314,010
ArcelorMittal (L) 94,350 1,362,414
Barrick Gold Corp. 29,650 1,238,960
BHP Billiton PLC 141,541 4,420,174
Compania de Minas Buenaventura SA, ADR 33,000 1,285,680
Compass Minerals International, Inc. 54,830 4,089,770
First Quantum Minerals, Ltd. 95,100 2,026,594
Fortescue Metals Group, Ltd. (L) 445,323 1,591,255
Freeport-McMoRan Copper & Gold, Inc. 89,150 3,528,557
Glencore International PLC (L) 450,665 2,505,423
Goldcorp, Inc. (Toronto Exchange) 64,800 2,971,080
Goldcorp, Inc. (Toronto Exchange) 25,700 1,180,041
Iluka Resources, Ltd. 285,287 2,880,572
Kinross Gold Corp. 116,900 1,193,549
Mongolian Mining Corp. (I) 2,060,000 937,433
New Gold, Inc. (I) 119,401 1,459,080
Teck Resources, Ltd., Class B (L) 50,663 1,492,025
Turquoise Hill Resources, Ltd. (I) 186,200 1,578,976
Vedanta Resources PLC (L) 75,361 1,260,057
 
    44,552,171
Paper & Forest Products - 0.0%    
Sino-Forest Corp. (I)(L) 276,300 0
 
    60,531,363
Utilities - 2.3%    
Independent Power Producers & Energy Traders - 2.3%  
Calpine Corp. (I)(L) 249,250 4,312,025
TOTAL COMMON STOCKS (Cost $177,064,734) $ 176,262,955

 

261

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Natural Resources Trust (continued)    
   Shares or  
   Principal  
   Amount Value
 
WARRANTS - 0.5%      
NMDC, Ltd. (Expiration date: 03/25/2015,      
Strike Price: INR 0.00001) (I) 275,513 1,010,263
TOTAL WARRANTS (Cost $1,823,386)   $ 1,010,263
 
SECURITIES LENDING COLLATERAL - 7.4%      
John Hancock Collateral      
Investment Trust, 0.3462% (W)(Y) 1,390,088 13,912,835
TOTAL SECURITIES LENDING      
COLLATERAL (Cost $13,912,427)   $ 13,912,835
 
SHORT-TERM INVESTMENTS - 6.2%      
Repurchase Agreement - 6.2%      
Repurchase Agreement with State Street Corp.      
dated 09/28/2012 at 0.010% to be      
repurchased at $9,982,008 on 10/01/2012,      
collateralized by $10,155,000 U.S. Treasury      
Notes, 0.74% due 06/04/2015 (valued at      
$10,185,292, including interest) 9,982,000 $ 9,982,000
Deutsche Bank Tri-Party Repurchase      
Agreement dated 09/28/2012 at 0.250% to      
be repurchased at $1,800,038 on      
10/01/2012, collateralized by $1,704,712      
Government National Mortgage Association,      
3.000% 07/15/2042 (valued at $1,832,165      
including interest) 1,800,000 1,800,000
 
      11,782,000
TOTAL SHORT-TERM INVESTMENTS (Cost $11,782,000) $ 11,782,000
Total Investments (Natural Resources Trust)      
(Cost $204,582,547) - 107.3%   $ 202,968,053
Other assets and liabilities, net - (7.3%)     (13,757,435)
TOTAL NET ASSETS - 100.0%   $ 189,210,618
 
 
 
 
New Income Trust      
   Shares or  
   Principal  
   Amount Value
 
U.S. GOVERNMENT & AGENCY      
OBLIGATIONS - 50.6%      
U.S. Government - 18.0%      
Treasury Inflation Protected Securities      
1.875%, 07/15/2013 41,251,463 $ 42,466,442
U.S. Treasury Bonds      
4.625%, 02/15/2040 56,290,000 77,354,788
5.375%, 02/15/2031 17,865,000 25,859,588
6.750%, 08/15/2026 9,740,000 15,246,139
U.S. Treasury Notes      
0.125%, 09/30/2013 67,510,000 67,465,173
0.875%, 02/28/2017 175,760,000 178,492,541
1.250%, 03/15/2014 45,335,000 46,009,721
2.125%, 08/15/2021 35,610,000 37,679,831
2.250%, 05/31/2014 25,575,000 26,430,177
2.625%, 04/30/2016 6,640,000 7,167,050
U.S. Treasury Strips, PO      
6.191%, 05/15/2021 220,000 193,469
 
      524,364,919
U.S. Government Agency - 32.6%      
Federal Home Loan Bank      
4.500%, 11/15/2012 825,000 829,280
5.250%, 06/18/2014 510,000 553,921

 

New Income Trust (continued)    
    Shares or  
    Principal  
    Amount Value
 
 
U.S. GOVERNMENT & AGENCY      
OBLIGATIONS (continued)      
U.S. Government Agency (continued)      
Federal Home Loan Mortgage Corp.      
1.000%, 09/29/2017 $ 7,115,000 $ 7,187,893
2.370%, 01/01/2036 (P)   120,975 129,550
2.609%, 06/01/2037 (P)   297,688 319,859
2.660%, 09/01/2032 (P)   2,549 2,739
2.705%, 01/01/2037 (P)   47,942 51,522
2.711%, 09/01/2035 (P)   52,291 55,989
2.725%, 07/01/2035 (P)   24,554 26,388
2.727%, 07/01/2035 (P)   46,691 50,178
2.746%, 04/01/2037 (P)   159,540 169,624
2.755%, 10/01/2036 (P)   206,692 220,457
2.758%, 02/01/2035 (P)   80,593 86,612
2.776%, 02/01/2037 (P)   97,903 105,215
2.835%, 05/01/2037 (P)   48,815 51,888
2.908%, 02/01/2037 (P)   222,565 239,188
3.088%, 02/01/2037 (P)   41,161 44,235
3.500%, 07/01/2042   14,476,850 15,516,243
4.000%, 06/01/2026 to 02/01/2041   32,656,024 35,046,399
4.500%, 11/01/2018 to 12/01/2040   42,548,649 45,804,424
4.575%, 06/01/2038 (P)   77,492 82,802
4.708%, 07/01/2038 (P)   101,919 109,296
4.913%, 11/01/2035 (P)   39,673 42,306
4.931%, 03/01/2036 (P)   121,898 129,544
5.000%, 10/01/2018 to 08/01/2040   30,664,399 33,392,704
5.364%, 02/01/2038 (P)   144,442 155,230
5.387%, 01/01/2036 (P)   2,697 2,873
5.500%, 03/01/2018 to 12/01/2039   1,090,539 1,183,459
5.896%, 12/01/2036 (P)   77,505 84,052
5.944%, 10/01/2036 (P)   154,727 167,703
6.000%, 03/01/2014 to 08/01/2038   1,364,453 1,513,674
6.026%, 11/01/2036 (P)   63,095 68,498
6.050%, 10/01/2036 (P)   157,950 171,304
6.246%, 08/01/2036 (P)   85,921 93,422
6.500%, 05/01/2017 to 03/01/2037   572,655 648,760
7.000%, 02/01/2024 to 06/01/2032   11,391 12,983
7.500%, 05/01/2024 to 06/01/2024   1,860 2,137
10.500%, 05/01/2019   92 106
Federal National Mortgage Association      
0.875%, 08/28/2017 to 10/26/2017   22,055,000 22,142,747
2.111%, 10/01/2033 (P)   45,533 47,665
2.325%, 06/01/2037 (P)   59,997 62,823
2.456%, 07/01/2027 (P)   621 640
2.553%, 11/01/2035 (P)   83,654 89,688
2.614%, 07/01/2035 (P)   38,438 41,140
2.648%, 07/01/2036 (P)   275,537 296,116
2.720%, 09/01/2035 (P)   184,394 195,075
2.746%, 09/01/2037 (P)   23,608 24,996
2.748%, 08/01/2037 (P)   53,508 56,964
2.768%, 01/01/2037 (P)   74,125 79,661
2.781%, 08/01/2036 (P)   130,050 138,028
2.899%, 12/01/2036 (P)   103,235 110,946
3.000%, 06/01/2027   18,376,370 19,489,281
3.500%, 12/01/2026 to 05/01/2042   28,259,240 30,157,878
3.875%, 07/12/2013   2,155,000 2,217,422
4.000%, 06/01/2025 to 02/01/2042   140,851,230 151,477,903
4.375%, 10/15/2015   825,000 923,717
4.500%, 05/01/2019 to 12/01/2041   140,943,702 152,578,544
4.625%, 10/15/2014   660,000 718,313
4.776%, 05/01/2038 (P)   65,507 70,371
4.814%, 04/01/2038 (P)   69,735 74,894
4.838%, 05/01/2038 (P)   191,048 205,073
4.875%, 12/15/2016   350,000 411,419
4.897%, 08/01/2038 (P)   55,404 59,542
4.898%, 05/01/2038 (P)   204,966 220,274

 

262

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

New Income Trust (continued)    
    Shares or  
    Principal  
    Amount Value
 
 
U.S. GOVERNMENT & AGENCY      
OBLIGATIONS (continued)      
U.S. Government Agency (continued)      
Federal National Mortgage      
Association (continued)      
5.000%, 03/01/2018 to 07/01/2041 $ 103,928,433 $ 113,916,468
5.244%, 12/01/2035 (P)   37,996 40,559
5.297%, 12/01/2035 (P)   12,407 13,111
5.298%, 12/01/2035 (P)   7,887 8,398
5.488%, 12/01/2035 (P)   15,300 16,145
5.500%, 07/01/2013 to 04/01/2040   87,830,454 96,524,938
5.551%, 01/01/2019 (P)   404 438
5.964%, 09/01/2036 (P)   53,851 58,380
6.000%, 09/01/2017 to 04/01/2040   66,305,138 73,582,161
6.500%, 06/01/2013 to 01/01/2039   11,798,591 13,299,453
7.000%, 12/01/2029 to 04/01/2037   16,763 19,108
Government National      
Mortgage Association      
2.500%, 05/20/2027   6,730,342 7,122,062
3.000%, 06/20/2027 to 08/20/2042   40,189,279 43,099,677
3.500%, 03/20/2042   8,956,623 9,801,204
4.000%, 02/15/2041   791,685 883,100
4.500%, 01/15/2019 to 11/20/2040   15,880,820 17,589,914
5.000%, 01/15/2019 to 05/20/2040   10,505,064 11,647,780
5.500%, 02/15/2029 to 12/20/2039   14,076,725 15,868,060
6.000%, 05/15/2013 to 07/20/2039   10,251,386 11,551,158
6.500%, 12/15/2014 to 09/15/2038   3,419,779 3,917,007
7.000%, 04/15/2017 to 10/20/2036   1,278,907 1,482,514
9.250%, 10/15/2016 to 12/15/2019   2,972 3,329
9.750%, 07/15/2017 to 02/15/2021   2,809 3,147
10.250%, 11/15/2020   1,565 1,773
11.750%, 08/15/2013   254 261
12.250%, 02/15/2015 to 06/20/2015   206 222
12.750%, 12/20/2013 to 11/20/2014   381 409
 
      946,694,353
TOTAL U.S. GOVERNMENT & AGENCY    
OBLIGATIONS (Cost $1,437,710,291)   $ 1,471,059,272
 
FOREIGN GOVERNMENT      
OBLIGATIONS - 2.0%      
Bermuda - 0.1%      
Government of Bermuda      
5.603%, 07/20/2020 (S)   2,190,000 2,540,400
Brazil - 0.8%      
Federative Republic of Brazil      
4.875%, 01/22/2021   1,000,000 1,195,000
5.625%, 01/07/2041   2,250,000 2,880,000
6.000%, 05/15/2015 to 05/15/2017 BRL 8,316,000 10,090,141
10.000%, 01/01/2014 to 01/01/2023   17,131,000 8,854,588
 
      23,019,729
Chile - 0.1%      
Republic of Chile      
3.875%, 08/05/2020 $ 1,820,000 2,061,150
Germany - 0.1%      
Federal Republic of Germany      
2.500%, 07/04/2044 EUR 2,390,000 3,245,656
Mexico - 0.5%      
Government of Mexico      
2.500%, 12/10/2020 MXN 76,694,519 6,575,211
8.500%, 11/18/2038   85,015,000 8,253,973
 
      14,829,184
Netherlands - 0.0%      
MDC-GMTN B.V.      
5.750%, 05/06/2014 (S) $ 350,000 372,943

 

New Income Trust (continued)    
    Shares or  
    Principal  
    Amount Value
 
 
FOREIGN GOVERNMENT      
OBLIGATIONS (continued)      
Poland - 0.1%      
Republic of Poland      
3.875%, 07/16/2015 $ 2,190,000 $ 2,337,825
South Africa - 0.2%      
Republic of South Africa      
5.500%, 03/09/2020   3,715,000 4,411,563
6.500%, 06/02/2014   1,360,000 1,481,040
 
      5,892,603
Sweden - 0.1%      
Svensk Exportkredit AB      
5.125%, 03/01/2017   2,420,000 2,824,041
TOTAL FOREIGN GOVERNMENT      
OBLIGATIONS (Cost $53,074,314)   $ 57,123,531
 
CORPORATE BONDS - 28.6%      
Consumer Discretionary - 3.2%      
Banque PSA Finance      
4.375%, 04/04/2016 (S)   2,405,000 2,261,683
British Sky Broadcasting Group PLC      
9.500%, 11/15/2018 (S)   590,000 816,513
Clear Channel Worldwide Holdings, Inc.      
7.625%, 03/15/2020   125,000 120,000
Comcast Corp.      
3.125%, 07/15/2022   2,210,000 2,293,295
6.950%, 08/15/2037   3,680,000 5,015,266
COX Communications, Inc.      
8.375%, 03/01/2039 (S)   2,615,000 3,985,702
DIRECTV Holdings LLC      
2.400%, 03/15/2017   3,415,000 3,507,103
5.875%, 10/01/2019   1,750,000 2,058,796
Dollar General Corp.      
4.125%, 07/15/2017   1,355,000 1,415,975
Ford Motor Credit Company LLC      
3.875%, 01/15/2015   2,870,000 2,999,423
5.750%, 02/01/2021   9,680,000 10,844,456
General Motors Financial Company, Inc.      
6.750%, 06/01/2018   1,400,000 1,558,388
Hyatt Hotels Corp.      
3.875%, 08/15/2016   4,495,000 4,782,514
5.750%, 08/15/2015 (S)   4,020,000 4,401,562
Kohl’s Corp.      
3.250%, 02/01/2023   1,640,000 1,668,390
Marriott International, Inc.      
3.000%, 03/01/2019   1,970,000 2,020,940
NBCUniversal Media LLC      
2.875%, 01/15/2023   2,705,000 2,700,050
5.150%, 04/30/2020   5,325,000 6,311,781
News America, Inc.      
6.150%, 03/01/2037   3,620,000 4,342,824
7.850%, 03/01/2039   190,000 255,152
NVR, Inc.      
3.950%, 09/15/2022   1,710,000 1,754,807
O’Reilly Automotive, Inc.      
3.800%, 09/01/2022   860,000 891,422
4.875%, 01/14/2021   3,970,000 4,418,574
Omnicom Group, Inc.      
4.450%, 08/15/2020   575,000 640,093
6.250%, 07/15/2019   4,850,000 5,949,573
QVC, Inc.      
7.500%, 10/01/2019 (S)   400,000 442,627
TCM Sub LLC      
3.550%, 01/15/2015 (S)   2,410,000 2,536,706

 

263

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

New Income Trust (continued)    
    Shares or  
    Principal  
    Amount Value
 
 
CORPORATE BONDS (continued)      
Consumer Discretionary (continued)      
The Interpublic Group of Companies, Inc.      
4.000%, 03/15/2022 $ 2,365,000 $ 2,478,052
10.000%, 07/15/2017   2,250,000 2,500,313
Time Warner Cable, Inc.      
5.500%, 09/01/2041   3,700,000 4,191,985
Virgin Media Secured Finance PLC      
5.250%, 01/15/2021   1,670,000 1,937,858
WPP Finance 2010      
4.750%, 11/21/2021   1,995,000 2,199,335
WPP Finance UK      
8.000%, 09/15/2014   80,000 89,813
 
      93,390,971
Consumer Staples - 1.4%      
Altria Group, Inc.      
4.750%, 05/05/2021   4,490,000 5,137,974
9.250%, 08/06/2019   1,805,000 2,563,358
Bunge Ltd. Finance Corp.      
3.200%, 06/15/2017   1,970,000 2,065,833
Bunge NA Finance LP      
5.900%, 04/01/2017   870,000 991,951
Bunge, Ltd. Finance Corp.      
4.100%, 03/15/2016   1,405,000 1,505,935
8.500%, 06/15/2019   1,365,000 1,729,750
Coca-Cola Bottling Company      
5.000%, 11/15/2012   590,000 593,028
Delhaize Group SA      
6.500%, 06/15/2017   3,055,000 3,411,360
Dr Pepper Snapple Group, Inc.      
3.200%, 11/15/2021   1,415,000 1,472,275
Energizer Holdings, Inc.      
4.700%, 05/24/2022   3,440,000 3,658,238
Kraft Foods Group, Inc.      
3.500%, 06/06/2022 (S)   4,530,000 4,787,540
5.000%, 06/04/2042 (S)   1,120,000 1,251,062
Pernod-Ricard SA      
4.450%, 01/15/2022 (S)   1,830,000 2,017,956
Reynolds American, Inc.      
7.625%, 06/01/2016   1,125,000 1,355,825
The Kroger Company      
5.000%, 04/15/2042   1,160,000 1,218,971
5.400%, 07/15/2040   2,025,000 2,191,226
Tyson Foods, Inc.      
4.500%, 06/15/2022   2,875,000 3,011,563
Wesfarmers, Ltd.      
2.983%, 05/18/2016 (S)   2,345,000 2,451,320
 
      41,415,165
Energy - 5.3%      
Anadarko Petroleum Corp.      
6.375%, 09/15/2017   4,405,000 5,311,901
Antero Resources Finance Corp.      
7.250%, 08/01/2019   675,000 730,688
Boardwalk Pipelines LP      
5.750%, 09/15/2019   415,000 456,103
Buckeye Partners LP      
4.875%, 02/01/2021   2,305,000 2,358,875
5.500%, 08/15/2019   2,465,000 2,664,382
Canadian Natural Resources, Ltd.      
5.150%, 02/01/2013   275,000 279,222
6.250%, 03/15/2038   4,125,000 5,394,238
6.450%, 06/30/2033   65,000 83,228
Colorado Interstate Gas Company      
5.950%, 03/15/2015   125,000 135,782

 

New Income Trust (continued)    
    Shares or  
    Principal  
    Amount Value
 
CORPORATE BONDS (continued)      
Energy (continued)      
DCP Midstream LLC      
9.700%, 12/01/2013 (S) $ 740,000 $ 801,572
DCP Midstream Operating LP      
3.250%, 10/01/2015   1,085,000 1,114,407
Diamond Offshore Drilling, Inc.      
4.875%, 07/01/2015   220,000 243,537
5.700%, 10/15/2039   1,880,000 2,477,137
5.875%, 05/01/2019   200,000 247,764
El Paso Natural Gas Company      
5.950%, 04/15/2017   98,000 112,827
Enbridge Energy Partners LP      
5.200%, 03/15/2020   465,000 531,702
5.500%, 09/15/2040   1,645,000 1,857,417
Energy Transfer Partners LP      
5.200%, 02/01/2022   3,120,000 3,461,784
Enterprise Products Operating LLC      
3.200%, 02/01/2016   4,530,000 4,776,441
5.950%, 02/01/2041   2,755,000 3,262,813
7.550%, 04/15/2038   520,000 698,171
EQT Corp.      
4.875%, 11/15/2021   4,800,000 5,049,043
Gazprom OAO      
4.950%, 05/23/2016 (S)   2,475,000 2,620,456
7.288%, 08/16/2037   140,000 176,400
8.625%, 04/28/2034   2,365,000 3,311,000
Gulf South Pipeline Company, LP      
4.000%, 06/15/2022 (S)   2,105,000 2,124,128
Hess Corp.      
6.000%, 01/15/2040   2,325,000 2,824,501
7.875%, 10/01/2029   1,724,000 2,387,754
8.125%, 02/15/2019   290,000 383,762
Kinder Morgan Energy Partners LP      
3.950%, 09/01/2022   4,385,000 4,711,595
4.150%, 03/01/2022   870,000 940,065
Magellan Midstream Partners LP      
4.250%, 02/01/2021   455,000 497,182
6.550%, 07/15/2019   355,000 437,107
Murphy Oil Corp.      
4.000%, 06/01/2022   2,065,000 2,192,437
Nabors Industries, Inc.      
4.625%, 09/15/2021   2,155,000 2,316,886
9.250%, 01/15/2019   3,790,000 4,960,795
National Gas Company of Trinidad &      
Tobago, Ltd.      
6.050%, 01/15/2036 (S)   100,000 104,000
Newfield Exploration Company      
5.625%, 07/01/2024   2,350,000 2,608,500
Noble Energy, Inc.      
6.000%, 03/01/2041   2,665,000 3,229,937
Noble Holding International, Ltd.      
5.250%, 03/15/2042   4,230,000 4,550,744
NuStar Logistics LP      
4.800%, 09/01/2020   2,290,000 2,227,632
7.900%, 04/15/2018   185,000 209,820
Pemex Project Funding Master Trust      
6.625%, 06/15/2035   2,340,000 2,936,700
Petrobras International Finance Company      
5.750%, 01/20/2020   1,805,000 2,057,709
5.875%, 03/01/2018   2,680,000 3,053,940
7.875%, 03/15/2019   2,366,000 2,972,351
Petrohawk Energy Corp.      
7.250%, 08/15/2018   1,920,000 2,181,807
Petroleos Mexicanos      
4.875%, 01/24/2022   4,240,000 4,791,200
6.500%, 06/02/2041   1,775,000 2,212,538

 

264

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

New Income Trust (continued)    
    Shares or  
    Principal  
    Amount Value
 
 
CORPORATE BONDS (continued)      
Energy (continued)      
Phillips 66      
4.300%, 04/01/2022 (S) $ 1,875,000 $ 2,053,339
Pioneer Natural Resources Company      
3.950%, 07/15/2022   2,700,000 2,868,831
Plains All American Pipeline LP      
5.750%, 01/15/2020   2,165,000 2,620,514
6.500%, 05/01/2018   1,315,000 1,625,278
Reliance Holdings USA, Inc.      
4.500%, 10/19/2020 (S)   1,690,000 1,732,422
5.400%, 02/14/2022 (S)   1,895,000 2,018,975
Rowan Companies, Inc.      
5.000%, 09/01/2017   2,885,000 3,183,046
7.875%, 08/01/2019   360,000 446,392
Southeast Supply Header LLC      
4.850%, 08/15/2014 (S)   440,000 461,563
Southern Natural Gas Company      
5.900%, 04/01/2017 (S)   98,000 115,009
Swift Energy Company      
8.875%, 01/15/2020   250,000 270,000
Talisman Energy, Inc.      
3.750%, 02/01/2021   3,815,000 3,980,262
TransCanada PipeLines, Ltd.      
2.500%, 08/01/2022   2,915,000 2,949,540
Transocean, Inc.      
2.500%, 10/15/2017   945,000 950,462
5.050%, 12/15/2016   1,940,000 2,168,282
Valero Energy Corp.      
6.125%, 06/15/2017   1,880,000 2,275,308
9.375%, 03/15/2019   150,000 203,758
Weatherford International, Ltd.      
4.500%, 04/15/2022   480,000 502,110
6.750%, 09/15/2040   2,095,000 2,366,110
9.625%, 03/01/2019   2,035,000 2,649,206
Western Gas Partners LP      
4.000%, 07/01/2022   4,565,000 4,759,560
Williams Partners LP      
3.350%, 08/15/2022   2,835,000 2,898,657
4.125%, 11/15/2020   2,275,000 2,469,376
6.300%, 04/15/2040   2,365,000 2,963,993
 
      153,601,973
Financials - 9.0%      
American International Group, Inc.      
4.250%, 09/15/2014   2,935,000 3,099,645
4.875%, 06/01/2022   5,945,000 6,701,335
5.850%, 01/16/2018   1,475,000 1,711,296
6.400%, 12/15/2020   700,000 852,832
Ameriprise Financial, Inc.      
7.300%, 06/28/2019   2,530,000 3,245,137
Banco Santander Chile      
3.875%, 09/20/2022 (S)   2,810,000 2,819,433
Bank of America Corp.      
3.875%, 03/22/2017   2,795,000 3,008,426
5.650%, 05/01/2018   13,785,000 15,719,614
Barclays Bank PLC      
5.200%, 07/10/2014   1,750,000 1,868,139
Berkshire Hathaway Finance Corp.      
4.250%, 01/15/2021   3,280,000 3,737,498
BPCE SA      
2.375%, 10/04/2013 (S)   4,320,000 4,332,960
Burlington Northern Santa Fe LLC      
3.050%, 09/01/2022   1,305,000 1,350,956
Capital One Financial Corp.      
2.125%, 07/15/2014   3,110,000 3,173,559
2.150%, 03/23/2015   2,210,000 2,266,001

 

New Income Trust (continued)    
    Shares or  
    Principal  
    Amount Value
 
CORPORATE BONDS (continued)      
Financials (continued)      
Capital One Financial Corp. (continued)      
7.375%, 05/23/2014 $ 320,000 $ 352,209
Citigroup, Inc.      
6.125%, 05/15/2018   8,220,000 9,732,398
CNA Financial Corp.      
5.875%, 08/15/2020   2,665,000 3,112,003
Discover Bank      
8.700%, 11/18/2019   1,500,000 1,937,103
DNB Bank ASA      
3.200%, 04/03/2017 (S)   4,440,000 4,638,108
E*Trade Financial Corp.      
7.875%, 12/01/2015   675,000 687,656
Federal Realty Investment Trust      
5.900%, 04/01/2020   720,000 857,400
Fifth Third Bancorp      
3.500%, 03/15/2022   1,705,000 1,818,099
3.625%, 01/25/2016   2,780,000 2,999,389
6.250%, 05/01/2013   1,655,000 1,708,561
8.250%, 03/01/2038   1,900,000 2,754,818
General Electric Capital Corp.      
4.625%, 01/07/2021   5,620,000 6,277,506
5.300%, 02/11/2021   9,575,000 10,990,214
6.875%, 01/10/2039   6,270,000 8,386,733
Hospitality Properties Trust      
7.875%, 08/15/2014   235,000 253,959
HSBC Bank USA NA      
4.625%, 04/01/2014   100,000 104,881
HSBC Holdings PLC      
5.100%, 04/05/2021   3,230,000 3,732,204
6.500%, 05/02/2036   2,375,000 2,785,182
International Lease Finance Corp.      
6.625%, 11/15/2013   695,000 726,275
Janus Capital Group, Inc.      
6.700%, 06/15/2017   625,000 707,528
Jefferies Group, Inc.      
3.875%, 11/09/2015   1,755,000 1,765,969
5.875%, 06/08/2014   176,000 187,440
8.500%, 07/15/2019   2,220,000 2,547,450
JPMorgan Chase & Company      
4.500%, 01/24/2022   15,430,000 17,119,678
KeyCorp      
3.750%, 08/13/2015   2,405,000 2,594,040
5.100%, 03/24/2021   1,195,000 1,397,734
Kilroy Realty LP      
4.800%, 07/15/2018   2,390,000 2,642,312
6.625%, 06/01/2020   2,330,000 2,792,242
Lincoln National Corp.      
4.850%, 06/24/2021   1,075,000 1,167,747
Morgan Stanley      
3.800%, 04/29/2016   6,955,000 7,188,076
4.000%, 07/24/2015   4,800,000 4,992,893
6.625%, 04/01/2018   2,390,000 2,746,607
Nationstar Mortgage LLC      
9.625%, 05/01/2019 (S)   375,000 409,688
Neuberger Berman Group LLC      
5.875%, 03/15/2022 (S)   4,295,000 4,595,650
Nordea Bank AB      
3.125%, 03/20/2017 (S)   3,750,000 3,922,568
4.875%, 05/13/2021 (S)   4,978,000 5,229,200
PNC Funding Corp.      
3.625%, 02/08/2015   4,370,000 4,642,985
Principal Financial Group, Inc.      
3.300%, 09/15/2022   785,000 797,428
6.050%, 10/15/2036   180,000 218,970
7.875%, 05/15/2014   785,000 872,859

 

265

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

New Income Trust (continued)    
    Shares or  
    Principal  
    Amount Value
 
CORPORATE BONDS (continued)      
Financials (continued)      
Principal Financial Group, Inc. (continued)      
8.875%, 05/15/2019 $ 200,000 $ 266,708
ProLogis LP      
4.500%, 08/15/2017   2,665,000 2,868,825
6.625%, 12/01/2019   1,825,000 2,187,983
Provident Companies, Inc.      
7.000%, 07/15/2018   2,360,000 2,695,061
Prudential Financial, Inc.      
5.375%, 06/21/2020   2,420,000 2,798,033
Raymond James Financial, Inc.      
4.250%, 04/15/2016   900,000 954,401
RCI Banque SA      
4.600%, 04/12/2016 (S)   3,215,000 3,284,331
Regency Centers LP      
6.000%, 06/15/2020   1,065,000 1,246,893
Regions Financial Corp.      
5.750%, 06/15/2015   800,000 858,984
Reinsurance Group of America, Inc.      
5.000%, 06/01/2021   1,720,000 1,833,873
5.625%, 03/15/2017   2,275,000 2,566,782
6.450%, 11/15/2019   705,000 818,883
Royal Bank of Scotland Group PLC      
2.550%, 09/18/2015   2,330,000 2,358,035
SLM Corp.      
5.375%, 05/15/2014   350,000 368,645
6.000%, 01/25/2017   5,830,000 6,347,413
6.250%, 01/25/2016   2,335,000 2,533,475
8.450%, 06/15/2018   1,075,000 1,259,350
Sun Life Financial Global Funding LP      
0.604%, 10/06/2013 (P)(S)   250,000 248,225
SunTrust Banks, Inc.      
3.600%, 04/15/2016   2,215,000 2,366,823
The Goldman Sachs Group, Inc.      
3.625%, 02/07/2016   4,175,000 4,404,863
5.750%, 01/24/2022   1,900,000 2,189,047
6.250%, 02/01/2041   2,450,000 2,837,803
6.750%, 10/01/2037   6,180,000 6,627,104
The Royal Bank of Scotland PLC      
3.400%, 08/23/2013   4,040,000 4,117,192
U.S. Bancorp      
3.442%, 02/01/2016   3,545,000 3,722,378
UnionBanCal Corp.      
3.500%, 06/18/2022   410,000 433,736
Unum Group      
5.625%, 09/15/2020   1,040,000 1,162,803
5.750%, 08/15/2042   1,560,000 1,645,549
UnumProvident Finance Company PLC      
6.850%, 11/15/2015 (S)   555,000 617,961
US Bancorp      
2.950%, 07/15/2022   1,995,000 2,014,489
Ventas Realty LP      
3.125%, 11/30/2015   835,000 870,221
3.250%, 08/15/2022   2,240,000 2,204,646
4.000%, 04/30/2019   2,170,000 2,319,598
WEA Finance LLC      
3.375%, 10/03/2022 (S)   2,420,000 2,406,380
 
      261,717,086
Health Care - 1.2%      
Agilent Technologies, Inc.      
3.200%, 10/01/2022   1,210,000 1,221,733
Community Health Systems, Inc.      
8.000%, 11/15/2019   4,150,000 4,554,625
Express Scripts Holding Company      
3.125%, 05/15/2016   2,780,000 2,965,059

 

New Income Trust (continued)    
    Shares or  
    Principal  
    Amount Value
 
CORPORATE BONDS (continued)      
Health Care (continued)      
Express Scripts Holding Company (continued)    
3.900%, 02/15/2022 (S) $ 1,920,000 $ 2,092,241
Express Scripts, Inc.      
6.250%, 06/15/2014   1,380,000 1,503,369
Kaiser Foundation Hospitals      
3.500%, 04/01/2022   2,455,000 2,600,768
Life Technologies Corp.      
3.500%, 01/15/2016   3,455,000 3,637,193
Medtronic, Inc.      
3.000%, 03/15/2015   4,145,000 4,383,657
Novant Health Inc      
5.850%, 11/01/2019   1,445,000 1,686,367
UnitedHealth Group, Inc.      
4.625%, 11/15/2041   2,165,000 2,340,789
Watson Pharmaceuticals, Inc.      
3.250%, 10/01/2022   2,470,000 2,502,261
4.625%, 10/01/2042   965,000 989,285
WellPoint, Inc.      
3.300%, 01/15/2023   2,685,000 2,714,154
 
      33,191,501
Industrials - 2.0%      
Canadian National Railway Company      
2.850%, 12/15/2021   1,080,000 1,142,410
Continental Airlines 2009-1 Pass      
Through Trust      
9.000%, 07/08/2016   1,431,921 1,653,868
Continental Airlines 2009-2 Class A Pass      
Through Trust      
7.250%, 11/10/2019   396,768 453,308
Continental Airlines 2010-1 Class A Pass      
Through Trust      
4.750%, 01/12/2021   1,002,061 1,069,700
Continental Airlines 2012-1 Class A Pass      
Through Trust      
4.150%, 04/11/2024   1,150,000 1,173,000
CSX Corp.      
5.750%, 03/15/2013   290,000 296,853
Delta Air Lines 2009-1 Class A Pass      
Through Trust      
7.750%, 12/17/2019   603,647 689,667
Delta Air Lines 2010-2 Class A Pass      
Through Trust      
4.950%, 05/23/2019   929,962 1,004,359
Delta Air Lines 2011-1 Class A Pass      
Through Trust      
5.300%, 04/15/2019   595,785 646,427
Delta Air Lines, Inc.      
9.500%, 09/15/2014 (S)   397,000 416,850
ERAC USA Finance LLC      
2.250%, 01/10/2014 (S)   1,565,000 1,585,311
5.250%, 10/01/2020 (S)   3,300,000 3,752,915
GATX Corp.      
3.500%, 07/15/2016   1,590,000 1,640,796
4.850%, 06/01/2021   2,730,000 2,891,340
Heathrow Funding, Ltd.      
4.875%, 07/15/2021 (S)   4,280,000 4,537,245
L-3 Communications Corp.      
4.750%, 07/15/2020   4,995,000 5,515,774
4.950%, 02/15/2021   580,000 646,574
Odebrecht Finance, Ltd.      
5.125%, 06/26/2022 (S)   3,005,000 3,200,325
Republic Services, Inc.      
3.550%, 06/01/2022   2,285,000 2,402,593
5.700%, 05/15/2041   3,950,000 4,702,586

 

266

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

New Income Trust (continued)    
    Shares or  
    Principal  
    Amount Value
 
CORPORATE BONDS (continued)      
Industrials (continued)      
Roper Industries, Inc.      
6.250%, 09/01/2019 $ 2,835,000 $ 3,438,875
Southwest Airlines Company      
5.125%, 03/01/2017   3,710,000 4,154,287
Transnet SOC Ltd.      
4.000%, 07/26/2022 (S)   2,205,000 2,241,383
Union Pacific Corp.      
4.750%, 09/15/2041   3,475,000 3,923,004
Valmont Industries, Inc.      
6.625%, 04/20/2020   2,505,000 2,982,876
Verisk Analytics, Inc.      
5.800%, 05/01/2021   2,000,000 2,246,184
 
      58,408,510
Information Technology - 0.5%      
Affiliated Computer Services, Inc.      
5.200%, 06/01/2015   1,095,000 1,176,833
Fiserv, Inc.      
3.125%, 06/15/2016   1,215,000 1,277,842
3.500%, 10/01/2022   2,190,000 2,191,161
Hewlett-Packard Company      
3.000%, 09/15/2016   4,470,000 4,620,500
Xerox Corp.      
2.950%, 03/15/2017   4,095,000 4,232,056
6.350%, 05/15/2018   485,000 569,567
 
      14,067,959
Materials - 1.3%      
Allegheny Technologies, Inc.      
5.950%, 01/15/2021   4,760,000 5,255,345
9.375%, 06/01/2019   270,000 348,899
Barrick North America Finance LLC      
5.700%, 05/30/2041   4,395,000 5,038,696
Celulosa Arauco y Constitucion SA      
4.750%, 01/11/2022   1,130,000 1,180,225
5.000%, 01/21/2021   1,998,000 2,109,776
5.125%, 07/09/2013   70,000 71,607
Corp. Nacional del Cobre de Chile      
7.500%, 01/15/2019 (S)   260,000 337,180
Holcim US Finance Sarl & Cie SCS      
6.000%, 12/30/2019 (S)   1,745,000 1,937,639
International Paper Company      
4.750%, 02/15/2022   6,135,000 6,967,998
9.375%, 05/15/2019   400,000 540,974
Newcrest Finance Pty, Ltd.      
4.200%, 10/01/2022 (S)   1,315,000 1,324,188
4.450%, 11/15/2021 (S)   4,230,000 4,337,620
Rock-Tenn Company      
4.000%, 03/01/2023 (S)   2,280,000 2,302,539
Teck Resources, Ltd.      
2.500%, 02/01/2018   830,000 833,827
The Dow Chemical Company      
8.550%, 05/15/2019   4,625,000 6,202,944
 
      38,789,457
Telecommunication Services - 2.0%      
America Movil SAB de CV      
5.625%, 11/15/2017   4,935,000 5,921,270
American Tower Corp.      
4.700%, 03/15/2022   1,855,000 2,035,269
5.050%, 09/01/2020   3,410,000 3,806,331
7.250%, 05/15/2019   3,768,000 4,599,922
AT&T, Inc.      
5.550%, 08/15/2041   3,695,000 4,605,363
6.450%, 06/15/2034   385,000 502,426

 

New Income Trust (continued)    
    Shares or  
    Principal  
    Amount Value
 
CORPORATE BONDS (continued)      
Telecommunication Services (continued)      
CC Holdings GS V LLC      
7.750%, 05/01/2017 (S) $ 1,495,000 $ 1,595,913
Cricket Communications, Inc.      
10.000%, 07/15/2015   300,000 315,750
Crown Castle Towers LLC      
6.113%, 01/15/2020 (S)   3,988,000 4,803,953
GTP Acquisition Partners I LLC      
4.347%, 06/15/2016 (S)   1,335,000 1,408,563
Qwest Corp.      
3.639%, 06/15/2013 (P)   125,000 125,674
7.500%, 10/01/2014   175,000 195,239
SBA Telecommunications, Inc.      
8.250%, 08/15/2019   81,000 90,518
SBA Tower Trust      
4.254%, 04/15/2015 (S)   5,420,000 5,709,493
Sprint Nextel Corp.      
9.000%, 11/15/2018 (S)   3,955,000 4,746,000
Telecom Italia Capital SA      
5.250%, 11/15/2013 to 10/01/2015   2,270,000 2,364,100
6.175%, 06/18/2014   4,825,000 5,078,313
Telefonica Emisiones SAU      
3.992%, 02/16/2016   3,730,000 3,711,350
5.462%, 02/16/2021   380,000 372,400
5.855%, 02/04/2013   50,000 50,625
6.221%, 07/03/2017   2,290,000 2,393,050
Vivendi SA      
3.450%, 01/12/2018 (S)   4,335,000 4,419,294
Windstream Corp.      
8.125%, 08/01/2013   125,000 131,250
 
      58,982,066
Utilities - 2.7%      
AmeriGas Finance LLC      
6.750%, 05/20/2020   325,000 346,938
7.000%, 05/20/2022   175,000 188,563
Appalachian Power Company      
6.375%, 04/01/2036   2,010,000 2,550,366
Centrais Eletricas Brasileiras SA      
5.750%, 10/27/2021 (S)   3,520,000 3,916,000
Constellation Energy Group, Inc.      
5.150%, 12/01/2020   4,000,000 4,702,468
Dominion Resources, Inc.      
2.750%, 09/15/2022   2,215,000 2,229,599
Duke Energy Corp.      
1.625%, 08/15/2017   2,195,000 2,201,956
EDF SA      
4.600%, 01/27/2020 (S)   2,900,000 3,256,543
EDP Finance BV      
5.375%, 11/02/2012 (S)   2,225,000 2,230,405
Electricite de France      
6.950%, 01/26/2039 (S)   1,875,000 2,491,440
Enogex LLC      
6.250%, 03/15/2020 (S)   1,500,000 1,691,453
Exelon Generation Company LLC      
6.250%, 10/01/2039   945,000 1,094,463
FirstEnergy Corp.      
7.375%, 11/15/2031   3,630,000 4,759,141
Florida Gas Transmission Company, LLC      
3.875%, 07/15/2022 (S)   1,920,000 2,000,976
Georgia Power Company      
4.750%, 09/01/2040   3,370,000 3,818,392
Iberdrola Finance Ireland, Ltd.      
3.800%, 09/11/2014 (S)   4,315,000 4,393,041

 

267

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

New Income Trust (continued)    
    Shares or  
    Principal  
    Amount Value
 
CORPORATE BONDS (continued)      
Utilities (continued)      
Korea Hydro & Nuclear Power      
Company, Ltd.      
3.125%, 09/16/2015 (S) $ 2,315,000 $ 2,420,784
Massachusetts Electric Company      
5.900%, 11/15/2039 (S)   1,750,000 2,283,939
Monongahela Power Company      
5.700%, 03/15/2017 (S)   265,000 303,420
Nevada Power Company      
6.650%, 04/01/2036   1,400,000 1,933,063
6.750%, 07/01/2037   245,000 344,939
7.125%, 03/15/2019   915,000 1,192,017
NiSource Finance Corp.      
5.250%, 02/15/2043   2,250,000 2,514,116
5.950%, 06/15/2041   2,725,000 3,284,066
6.150%, 03/01/2013   102,000 104,160
6.250%, 12/15/2040   1,315,000 1,641,653
Ohio Power Company      
5.750%, 09/01/2013   195,000 204,237
Oncor Electric Delivery Company LLC      
4.550%, 12/01/2041   1,970,000 1,920,793
ONEOK, Inc.      
4.250%, 02/01/2022   2,805,000 3,044,567
PacifiCorp      
6.250%, 10/15/2037   3,000,000 4,115,487
Pennsylvania Electric Company      
6.150%, 10/01/2038   1,375,000 1,663,457
Piedmont Natural Gas Company, Inc.      
6.000%, 12/19/2033   10,000 12,023
PPL WEM Holdings PLC      
3.900%, 05/01/2016 (S)   3,200,000 3,368,416
Public Service Company of Oklahoma      
5.150%, 12/01/2019   885,000 1,029,423
San Diego Gas & Electric Company      
6.000%, 06/01/2039   750,000 1,047,461
Southern California Edison Company      
5.750%, 03/15/2014   160,000 172,154
Southwest Gas Corp.      
3.875%, 04/01/2022   1,115,000 1,218,332
Tampa Electric Company      
6.150%, 05/15/2037   235,000 313,295
TECO Finance, Inc.      
5.150%, 03/15/2020   3,015,000 3,513,976
6.572%, 11/01/2017   35,000 42,487
 
      79,560,009
TOTAL CORPORATE BONDS (Cost $762,416,508) $ 833,124,697
 
MUNICIPAL BONDS - 4.5%      
Bay Area Toll Authority (California)      
6.263%, 04/01/2049   1,500,000 2,128,365
Chicago Metropolitan Water Reclamation      
District (Illinois) 5.720%, 12/01/2038   2,235,000 2,938,086
Chicago Transit Authority, Series A      
(Illinois) 6.899%, 12/01/2040   260,000 315,450
City of Chicago (Illinois)      
6.395%, 01/01/2040   1,925,000 2,509,045
City of Houston (Texas)      
5.000%, 03/01/2023   1,765,000 2,207,203
5.000%, 03/01/2024   2,070,000 2,569,532
City Of New York (New York)      
5.000%, 04/01/2023   3,000,000 3,728,850
City of New York (New York)      
5.846%, 06/01/2040   2,400,000 3,158,856
5.000%, 04/01/2024   3,520,000 4,338,541

 

New Income Trust (continued)    
    Shares or  
    Principal  
    Amount Value
 
 
MUNICIPAL BONDS (continued)      
City Public Service Board of San Antonio      
(Texas) 5.250%, 02/01/2024 $ 3,605,000 $ 4,731,418
Commonwealth of Massachusetts      
5.000%, 06/01/2023   1,215,000 1,526,052
4.500%, 08/01/2031   2,780,000 3,152,798
5.250%, 09/01/2024   2,410,000 3,172,331
Commonwealth of Pennsylvania      
5.000%, 06/01/2024   5,090,000 6,377,872
District of Columbia      
5.591%, 12/01/2034   375,000 470,074
5.250%, 12/01/2034   2,610,000 3,209,282
East Bay Municipal Utility District      
(California) 5.874%, 06/01/2040   1,665,000 2,242,505
Kansas Development Finance Authority      
5.501%, 05/01/2034   110,000 129,121
Los Angeles Department of Airports      
(California) 7.053%, 05/15/2040   2,600,000 3,507,322
Maryland State Transportation Authority      
5.888%, 07/01/2043   1,070,000 1,441,986
5.754%, 07/01/2041   3,770,000 4,932,480
Massachusetts Bay Transportation      
Authority 5.000%, 07/01/2020   2,040,000 2,573,848
Metropolitan Transportation Authority      
(New York) 7.336%, 11/15/2039   2,150,000 3,230,741
New York City Housing      
Development Corp. (New York)      
6.420%, 11/01/2027   50,000 50,916
New York City Municipal Water Finance      
Authority (New York)      
5.952%, 06/15/2042   840,000 1,165,861
New York City Transitional Finance      
Authority (New York)      
5.000%, 05/01/2023   2,185,000 2,742,983
5.508%, 08/01/2037   2,630,000 3,333,104
5.267%, 05/01/2027   3,925,000 4,782,613
New York City Transitional Finance      
Authority Future Tax Secured Revenue      
(New York)      
5.000%, 11/01/2024   1,300,000 1,603,238
5.000%, 02/01/2025   1,315,000 1,593,701
Port Authority Of New York & New      
Jersey 4.458%, 10/01/2062   7,660,000 7,709,177
Regional Transportation District      
(Colorado) 5.000%, 11/01/2038   2,630,000 2,995,202
Rhode Island Health & Educational      
Building Corp. 5.000%, 09/01/2021   6,475,000 8,268,122
San Diego County Water Authority      
(California) 6.138%, 05/01/2049   840,000 1,113,101
South Carolina State Public Service      
Authority 4.322%, 12/01/2027   3,205,000 3,496,559
State of Georgia      
5.000%, 07/01/2023   2,175,000 2,803,184
5.000%, 07/01/2025   1,630,000 2,078,935
State of Hawaii 5.000%, 12/01/2023   4,670,000 5,801,634
State of Oregon 5.892%, 06/01/2027   60,000 74,578
State of Washington 5.000%, 07/01/2024   2,255,000 2,822,448
Texas Transportation Commission      
5.178%, 04/01/2030   3,885,000 4,727,268
Tompkins County Industrial Development      
Agency (New York)      
5.000%, 07/01/2037   2,665,000 3,057,181
Utah Transit Authority      
5.937%, 06/15/2039   2,155,000 2,910,090
Virginia Commonwealth Transportation      
Board 5.350%, 05/15/2035   515,000 654,601

 

268

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

New Income Trust (continued)    
    Shares or  
    Principal  
    Amount Value
 
MUNICIPAL BONDS (continued)      
Virginia Public School Authority      
5.000%, 08/01/2023 $ 3,125,000 $ 3,939,344
TOTAL MUNICIPAL BONDS (Cost $120,982,471) $ 132,315,598
 
TERM LOANS (M) - 1.8%      
Consumer Discretionary - 0.8%      
Bresnan Broadband Holdings LLC      
- 12/14/2017 (T)   3,148,995 3,160,016
CCO Holdings LLC      
2.716%, 09/05/2014   1,300,000 1,295,589
KAR Auction Services, Inc.      
5.000%, 05/19/2017   4,073,438 4,085,320
MTL Publishing LLC      
- 06/29/2018 (T)   2,850,000 2,880,281
The ServiceMaster Company      
2.720%, 07/24/2014   263,674 262,978
2.730%, 07/24/2014   2,647,825 2,640,838
TWCC Holding Corp.      
4.250%, 02/13/2017   4,377,655 4,399,543
Univision Communications, Inc.      
4.466%, 03/31/2017   3,582,146 3,543,341
 
      22,267,906
Consumer Staples - 0.3%      
Del Monte Corp.      
4.500%, 03/08/2018   4,261,685 4,249,254
Dunkin’ Brands, Inc.      
4.000%, 11/23/2017   4,600,777 4,590,917
 
      8,840,171
Financials - 0.0%      
Nuveen Investments, Inc.      
5.898%, 05/13/2017   522,867 521,397
5.900%, 05/12/2017   610,942 608,651
 
      1,130,048
Health Care - 0.4%      
Biomet, Inc.      
3.967%, 07/25/2017   727,132 729,209
Capsugel Holdings US, Inc.      
4.750%, 08/01/2018   4,005,945 4,017,631
HCA, Inc.      
3.466%, 05/01/2018   3,578,988 3,581,783
Warner Chilcott Company LLC      
4.250%, 03/15/2018   2,437,887 2,437,887
 
      10,766,510
Information Technology - 0.1%      
First Data Corp.      
5.217%, 03/24/2017   2,951,102 2,895,769
Telecommunication Services - 0.2%      
Atlantic Broadband Finance LLC      
- 10/07/2019 (T)   1,775,000 1,788,313
Intelsat Jackson Holdings SA      
5.250%, 04/02/2018   1,300,000 1,301,138
Level 3 Financing, Inc.      
5.750%, 09/03/2018   2,825,000 2,833,241
 
      5,922,692
TOTAL TERM LOANS (Cost $51,071,629)   $ 51,823,096

 

New Income Trust (continued)    
    Shares or  
    Principal  
    Amount Value
 
 
COLLATERALIZED MORTGAGE      
OBLIGATIONS - 6.6%      
Commercial & Residential - 6.5%      
Adjustable Rate Mortgage Trust,      
Series 2005-8, Class 7A-31      
0.457%, 11/25/2035 (P) $ 381,066 $ 377,237
American Tower Trust, Series 2007-1A,      
Class D 5.957%, 04/15/2037 (S)   350,000 365,464
Banc of America Funding Corp.      
Series 2005-A 5A1,      
0.519%, 02/20/2035 (P)   300,748 273,382
Series BAFC 2005-B 2A1,      
3.118%, 04/20/2035 (P)   4,361,889 3,819,925
Banc of America Merrill Lynch      
Commercial Mortgage, Inc.      
Series 2005-3, Class A2,      
4.501%, 07/10/2043   106,637 106,738
Series 2007-1, Class AAB,      
5.422%, 01/15/2049   5,145,271 5,501,236
Series 2007-4, Class A4,      
5.920%, 02/10/2051 (P)   3,050,000 3,604,289
Series 2008-1, Class A4,      
6.395%, 02/10/2051 (P)   2,200,000 2,665,575
Banc of America Mortgage Securities      
Series 2005-J, Class 2A1,      
2.833%, 11/25/2035 (P)   190,448 166,023
Series 2004-A, Class 2A2,      
2.965%, 02/25/2034 (P)   56,475 56,240
Series 2004-I, Class 3A2,      
3.023%, 10/25/2034 (P)   14,742 15,178
Series 2004-D, Class 2A2,      
3.113%, 05/25/2034 (P)   31,615 31,132
Series 2004-H, Class 2A2,      
3.121%, 09/25/2034 (P)   74,725 73,979
Series 2005-J, Class 3A1,      
5.108%, 11/25/2035 (P)   1,715,743 1,665,037
Bear Stearns Commercial      
Mortgage Securities      
Series 2005-PWR9, Class AAB,      
4.804%, 09/11/2042   190,390 199,070
Series 2002-TOP8, Class A2,      
4.830%, 08/15/2038   14,718 14,717
Series 2007-PW15, Class AAB,      
5.315%, 02/11/2044   543,340 566,613
Series 2006-PW13, Class AAB,      
5.530%, 09/11/2041   38,369 40,381
Series 2006-PW3, Class A4,      
5.540%, 09/11/2041   2,981,000 3,444,906
Series 2006-PW12, Class A4,      
5.894%, 09/11/2038 (P)   385,000 442,880
Citigroup/Deutsche Bank      
Commercial Mortgage Trust      
Series 2007-CD4, Class ASB,      
5.278%, 12/11/2049   45,423 47,842
Series 2006-CD3, Class AAB,      
5.608%, 10/15/2048   199,344 204,310
Commercial Mortgage Loan Trust,      
Series 2008-LS1, Class A3      
6.204%, 12/10/2049 (P)   1,265,801 1,264,315
Commercial Mortgage Pass Through      
Certificates, Series 2007-C9, Class A4      
6.002%, 12/10/2049 (P)   8,900,000 10,598,084
Credit Suisse First Boston Mortgage      
Securities Corp., Series 2004-C2,      
Class A1 3.819%, 05/15/2036   29,602 30,252

 

269

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

New Income Trust (continued)    
    Shares or  
    Principal  
    Amount Value
 
 
COLLATERALIZED MORTGAGE      
OBLIGATIONS (continued)      
Commercial & Residential (continued)      
Credit Suisse Mortgage      
Capital Certificates      
Series 2010-1R, Class 12A1,      
3.312%, 03/27/2036 (P)(S) $ 242,863 $ 239,520
Series 2010-1R, Class 42A1,      
5.000%, 10/27/2036 (S)   404,201 416,510
Series 2008-C1, Class A3,      
6.407%, 02/15/2041 (P)   1,795,000 2,091,089
Fosse Master Issuer PLC      
Series 2011-1A, Class A2,      
1.855%, 10/18/2054 (P)(S)   2,565,326 2,603,991
Series 2012-1A, Class 3A1,      
1.934%, 10/18/2054 (P)(S)   2,795,000 2,879,068
Series 2011-1A, Class A5,      
1.955%, 10/18/2054 (P)(S)   575,000 593,656
GMAC Mortgage Corp. Loan Trust,      
Series 2005-AR3, Class 5A1      
5.167%, 06/19/2035 (P)   680,314 674,051
Greenwich Capital      
Commercial Funding Corp.      
Series 2005-GG3, Class A3,      
4.569%, 08/10/2042   312,326 314,620
Series 2005-GG3, Class AAB,      
4.619%, 08/10/2042   55,023 55,843
Series 2007-GG9, Class A4,      
5.444%, 03/10/2039   3,875,000 4,424,948
GS Mortgage Securities Corp. II,      
Series 2006-GG6, Class A4      
5.553%, 04/10/2038 (P)   5,100,000 5,792,759
Harborview Mortgage Loan Trust,      
Series 2005-2, Class 2A1A      
0.439%, 05/19/2035 (P)   701,088 514,781
Holmes Master Issuer PLC      
Series 2012-1A, Class A2,      
2.105%, 10/15/2054 (P)(S)   860,000 883,799
Series 2012-3A, Class B1,      
2.655%, 10/15/2054 (P)(S)   2,950,000 2,995,144
JP Morgan Chase Commercial      
Mortgage Securities Corp.      
Series 2012-C8, Class A3,      
2.829%, 10/15/2045   4,340,000 4,440,323
Series 2007-C1, Class A4,      
5.716%, 02/15/2051   9,565,000 11,260,827
JP Morgan Mortgage Trust,      
Series 2005-ALT1, Class 1A1      
0.517%, 10/25/2035 (P)   2,950,089 2,017,808
JPMorgan Chase Commercial      
Mortgage Securities Corp.      
Series 2003-LN1, Class A1,      
4.134%, 10/15/2037   4,222 4,265
Series 2005-LDP4, Class ASB,      
4.824%, 10/15/2042 (P)   267,226 277,843
Series 2006-LDP9, Class A3,      
5.336%, 05/15/2047   620,000 707,925
Series 2006-CB14, Class A4,      
5.481%, 12/12/2044 (P)   60,000 67,634
Series 2006-CB16, Class A4,      
5.552%, 05/12/2045   8,727,000 10,039,244
Series 2007-CB19, Class A4,      
5.918%, 02/12/2049 (P)   4,823,000 5,665,154
LB-UBS Commercial Mortgage Trust      
Series 2003-C7, Class A3,      
4.559%, 09/15/2027 (P)   289,385 289,576

 

New Income Trust (continued)    
    Shares or  
    Principal  
    Amount Value
 
COLLATERALIZED MORTGAGE      
OBLIGATIONS (continued)      
Commercial & Residential (continued)      
LB-UBS Commercial      
Mortgage Trust (continued)      
Series 2006-C1, Class A4,      
5.156%, 02/15/2031 $ 5,667,500 $ 6,355,353
Series 2006-C7, Class A3,      
5.347%, 11/15/2038   2,185,000 2,523,214
Series 2007-C1, Class A4,      
5.424%, 02/15/2040   2,142,000 2,473,560
Series 2007-C2, Class A3,      
5.430%, 02/15/2040   1,890,000 2,162,323
Series 2008-C1, Class A2,      
6.325%, 04/15/2041 (P)   1,415,000 1,714,413
Series 2008-C1, Class AM,      
6.325%, 04/15/2041 (P)   825,000 928,491
Merrill Lynch Mortgage Trust      
Series 2006-C2, Class AM,      
5.782%, 08/12/2043 (P)   2,950,000 3,213,470
Series 2007-C1, Class A4,      
6.042%, 06/12/2050 (P)   9,300,000 10,557,620
Morgan Stanley Capital I      
Series 2007-IQ13, Class A4,      
5.364%, 03/15/2044   10,875,000 12,404,427
Series 2007-HQ11, Class A4,      
5.447%, 02/12/2044 (P)   13,725,000 15,842,040
Series 2007-IQ14, Class A4,      
5.692%, 04/15/2049 (P)   1,885,000 2,157,876
Series 2007-T27,      
5.823%, 06/11/2042 (P)   24,217 24,210
Series 2007-IQ15, Class A4,      
6.076%, 06/11/2049 (P)   1,100,000 1,292,500
Series 2008-T29, Class A4,      
6.455%, 01/11/2043 (P)   5,222,000 6,392,067
Sequoia Mortgage Trust, Series 2010-H1,      
Class A1 3.750%, 02/25/2040 (P)   294,396 298,593
Silverstone Master Issuer PLC,      
Series 2011-1A, Class 1A      
2.003%, 01/21/2055 (P)(S)   3,795,000 3,882,027
Vendee Mortgage Trust, Series 1996-3,      
Class 4 9.589%, 03/15/2025 (P)   6,322 7,176
Wachovia Bank      
Commercial Mortgage Trust      
Series 2006-C24,      
5.558%, 03/15/2045 (P)   4,468,000 5,091,331
Series 2006-C28, Class A4,      
5.572%, 10/15/2048   8,720,000 10,023,352
Series 2007-C34, Class A3,      
5.678%, 05/15/2046   1,235,000 1,448,641
WaMu Mortgage Pass      
Through Certificates      
Series 2005-AR13, Class A1A1,      
0.507%, 10/25/2045 (P)   411,294 372,089
Series 2005-AR13, Class A1A3,      
0.997%, 10/25/2045 (P)   737,334 700,810
Series 2006-AR4, Class 1A1,      
1.088%, 05/25/2046 (P)   1,256,540 1,090,732
Series 2005-AR12, Class 2A1,      
3.019%, 09/25/2035 (P)   760,084 757,325
Wells Fargo Mortgage      
Backed Securities Trust      
Series 2005-AR2, Class 2A2,      
2.613%, 03/25/2035 (P)   166,665 164,230
Series 2005-AR2, Class 3A1,      
2.615%, 03/25/2035 (P)   81,474 81,606

 

270

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

New Income Trust (continued)    
    Shares or  
    Principal  
    Amount Value
 
 
COLLATERALIZED MORTGAGE      
OBLIGATIONS (continued)      
Commercial & Residential (continued)      
Wells Fargo Mortgage Backed      
Securities Trust (continued)      
Series 2003-O, Class 5A1,      
4.869%, 01/25/2034 (P) $ 92,323 $ 92,913
WF-RBS Commercial Mortgage Trust,      
Series 2011-C2, Class B      
5.174%, 02/15/2044 (P)(S)   1,740,000 1,985,634
 
      188,863,206
U.S. Government Agency - 0.1%      
Federal Home Loan Mortgage Corp.      
Series 2003-2627, Class IE IO,      
4.500%, 04/15/2018   4,732 172
Series 2005-R003, Class VA,      
5.500%, 08/15/2016   234,469 236,824
Series R006, Class AK,      
5.750%, 12/15/2018   1,551 1,552
Series 199, Class PO,      
6.500%, 08/01/2028   2,908 2,731
Federal National Mortgage Association      
Series 2002-84, Class VA,      
5.500%, 11/25/2013   33,665 33,711
Series 319, Class 2 IO,      
6.500%, 02/01/2032   9,885 1,938
Government National      
Mortgage Association      
Series 2010-92, Class PI IO,      
4.500%, 11/20/2037   8,010,427 959,660
Series 2011-88, Class EI, IO,      
4.500%, 11/20/2039   1,828,830 262,494
Series 2011-41 Class AI, IO,      
4.500%, 12/20/2039   10,384,998 1,466,650
Series 2004-43, Class D,      
4.994%, 03/16/2030 (P)   49,000 52,498
Series 1998-6, Class EA PO,      
7.500%, 03/16/2028   17,356 15,025
 
      3,033,255
TOTAL COLLATERALIZED MORTGAGE      
OBLIGATIONS (Cost $171,530,975)   $ 191,896,461
 
ASSET BACKED SECURITIES - 3.7%      
Ally Auto Receivables Trust      
Series 2012-A, Class C,      
2.400%, 11/15/2017 (S)   1,110,000 1,141,127
Series 2009-B, Class C,      
4.060%, 05/16/2016 (S)   4,027,000 4,150,271
Americredit Automobile      
Receivables Trust, Series 2012-4,      
Class C 1.930%, 08/08/2018   1,430,000 1,431,493
AmeriCredit      
Automobile Receivables Trust      
Series 2011-2, Class B,      
2.330%, 03/08/2016   3,905,000 3,971,686
Series 2012-1, Class C,      
2.670%, 01/08/2018   300,000 307,428
Series 2011-1, Class C,      
2.850%, 08/08/2016   2,495,000 2,557,822
BankBoston Home Equity Loan Trust,      
Series 1998-2, Class A6      
6.640%, 12/25/2028 (P)   18,482 17,619
Cabela’s Master Credit Card Trust      
Series 2012-1A, Class A1,      
1.630%, 02/18/2020 (S)   2,000,000 2,052,238

 

New Income Trust (continued)    
    Shares or  
    Principal  
    Amount Value
 
 
ASSET BACKED SECURITIES (continued)    
Cabela’s Master Credit Card Trust (continued)    
Series 2011-2A, Class A1,      
2.390%, 06/17/2019 (S) $ 4,800,000 $ 5,062,138
CarMax Auto Owner Trust      
Series 2010-1, Class B,      
3.750%, 12/15/2015   635,000 655,955
Series 2009-2, Class B,      
4.650%, 08/17/2015   3,665,000 3,829,309
Series 2010-1, Class C,      
4.880%, 08/15/2016   405,000 417,160
Chase Funding Mortgage Loan Asset-      
Backed Certificates      
Series 2002-4, Class 2A1,      
0.957%, 10/25/2032 (P)   4,834 4,280
Series 2003-3, Class 1A6,      
3.717%, 10/25/2014   26,796 26,665
Series 2002-2, Class 1M1,      
5.599%, 09/25/2031   16,954 12,632
CIT Equipment Collateral,      
Series 2012-VT1, Class A3      
1.100%, 08/22/2016 (S)   1,780,000 1,785,559
CNH Equipment Trust, Series 2010-B,      
Class A4 1.740%, 01/17/2017   6,650,000 6,735,492
Countrywide Asset-Backed Certificates,      
Series 2004-BC1, Class M2      
1.822%, 01/25/2034 (P)   3,749,108 2,640,032
Dominos Pizza Master Issuer LLC,      
Series 2012-1A, Class A2      
5.216%, 01/25/2042 (S)   12,460,838 13,896,264
Ford Credit Auto Owner Trust,      
Series 2009-D, Class D      
8.140%, 02/15/2016 (S)   1,370,000 1,471,446
Ford Credit Floorplan Master Owner Trust      
Series 2012-2, Class A,      
1.920%, 01/15/2019   6,500,000 6,693,297
Series 2010-3, Class A1,      
4.200%, 02/15/2017 (S)   2,450,000 2,638,902
Series 2010-3, Class C,      
4.990%, 02/15/2017 (S)   4,490,000 4,803,182
GE Capital Credit Card Master      
Note Trust, Series 2012-2, Class A      
2.220%, 01/15/2022   5,465,000 5,636,639
GE Equipment Small Ticket LLC,      
Series 2011-1, Class A3      
1.450%, 01/21/2018 (S)   2,985,000 3,002,507
Huntington Auto Trust      
Series 2011-1A B,      
1.840%, 01/17/2017 (S)   455,000 461,466
Series 2011-1A C,      
2.530%, 03/15/2017 (S)   2,160,000 2,210,725
Hyundai Auto Lease Securitization Trust,      
Series 2012-A, Class A4      
1.050%, 04/17/2017 (S)   1,400,000 1,409,653
Lehman XS Trust, Series 2005-9N,      
Class 1A1 0.487%, 02/25/2036 (P)   1,670,711 1,202,574
Marriott Vacation Club Owner Trust      
Series 2006-2A, Class A,      
5.362%, 10/20/2028 (S)   43,224 43,479
Series 2006-1A, Class A,      
5.737%, 04/20/2028 (S)   134,887 136,184
Series 2006-1A, Class B,      
5.827%, 04/20/2028 (S)   6,562 6,621
Merrill Lynch Mortgage Investors, Inc.,      
Series 2005-WMC1, Class M1      
0.967%, 09/25/2035 (P)   2,315,513 2,038,242

 

271

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

New Income Trust (continued)      
    Shares or    
    Principal    
    Amount   Value
 
ASSET BACKED SECURITIES (continued)      
MMAF Equipment Finance LLC,        
Series 2009-AA, Class A3        
2.370%, 11/15/2013 (S) $ 387,798 $ 388,650
Motor PLC, Series 2012-A, Class A1C        
1.286%, 02/25/2020 (S)   1,625,000   1,627,494
Nissan Master Owner Trust Receivables,        
Series 2010-AA, Class A        
1.371%, 01/15/2015 (P)(S)   3,895,000   3,907,020
Nordstrom Private Label Credit Card        
Master Note Trust, Series 2011-1A,        
Class A 2.280%, 11/15/2019 (S)   6,905,000   7,196,025
Renaissance Home Equity Loan Trust,        
Series 2007-1, Class AF1        
5.742%, 04/25/2037   3,345,707   1,663,629
Residential Asset Mortgage Products, Inc.,        
Series 2003-RZ2 3.600%, 04/25/2033   12,220   11,727
Smart Trust        
Series 2011-2USA, Class A3A,        
1.540%, 03/14/2015 (S)   2,240,000   2,253,594
Series 2011-1USA, Class A3A,        
1.770%, 10/14/2014 (S)   2,891,288   2,906,637
Terwin Mortgage Trust,        
Series 2005-14HE, Class AF2        
4.849%, 08/25/2036   487,319   482,111
Volkswagen Auto Lease Trust,        
Series 2012-A, Class A4        
1.060%, 05/22/2017   2,705,000   2,719,512
Wheels SPV LLC, Series 2012-1,        
Class A3 1.530%, 03/20/2021 (S)   1,370,000   1,381,649
TOTAL ASSET BACKED SECURITIES (Cost $104,714,379) $ 106,988,135
 
CAPITAL PREFERRED SECURITIES - 0.2%      
Financials - 0.2%        
PNC Financial Services Group, Inc.        
(6.750% to 08/01/2021, then 3 month        
LIBOR + 3.678%)        
08/01/2021 (Q)   4,475,000   5,000,947
TOTAL CAPITAL PREFERRED        
SECURITIES (Cost $4,475,000)     $ 5,000,947
 
SHORT-TERM INVESTMENTS - 3.6%        
Money Market Funds - 3.4%        
T. Rowe Price Reserve Investment        
Fund, 0.1066% (Y)   98,590,903   98,590,903
Repurchase Agreement - 0.2%        
Repurchase Agreement with State        
Street Corp. dated 09/28/2012 at        
0.010% to be repurchased at $5,142,114        
on 10/01/2012, collateralized by        
$4,285,000 U.S. Treasury Bonds,        
5.250% due 02/15/2026 (valued at        
$3,225,585, including interest) and        
$2,042,663 U.S. Treasury Notes,        
0.875% due 02/28/2017 (valued at        
$2,042,663, including interest)   5,142,109   5,142,109
TOTAL SHORT-TERM INVESTMENTS (Cost $103,733,012) $ 103,733,012
Total Investments (New Income Trust)        
(Cost $2,809,708,579) - 101.6%     $ 2,953,064,749
Other assets and liabilities, net - (1.6%)       (46,502,024)
TOTAL NET ASSETS - 100.0%     $ 2,906,562,725
 

 

Real Estate Securities Trust    
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS - 98.8%    
Financials - 98.8%    
Real Estate Investment Trusts - 98.8%    
Diversified REITs - 8.8%    
BGP Holdings PLC (I) 194,291 $ 0
Duke Realty Corp. 679,200 9,984,240
Liberty Property Trust 83,100 3,011,544
PS Business Parks, Inc. 65,800 4,396,756
Vornado Realty Trust 168,500 13,656,925
Washington Real Estate Investment Trust 171,600 4,602,312
 
    35,651,777
Industrial REITs - 1.4%    
Prologis, Inc. 159,349 5,581,995
Office REITs - 12.7%    
Boston Properties, Inc. 173,150 19,152,121
Douglas Emmett, Inc. 536,550 12,378,208
DuPont Fabros Technology, Inc. (L) 353,200 8,918,300
SL Green Realty Corp. (L) 143,350 11,478,034
 
    51,926,663
Residential REITs - 20.1%    
AvalonBay Communities, Inc. 98,248 13,360,746
BRE Properties, Inc. 278,050 13,037,764
Camden Property Trust 197,850 12,759,346
Colonial Properties Trust 282,650 5,949,783
Education Realty Trust, Inc. 469,300 5,115,370
Equity Lifestyle Properties, Inc. 63,850 4,349,462
Equity Residential 194,550 11,192,461
Home Properties, Inc. 96,700 5,924,809
Post Properties, Inc. 78,350 3,757,666
Spirit Realty Capital, Inc. (I) 207,300 3,213,150
UDR, Inc. 124,800 3,097,536
 
    81,758,093
Retail REITs - 27.2%    
Acadia Realty Trust 112,600 2,794,732
Alexander’s, Inc. 9,250 3,954,283
DDR Corp. (L) 553,950 8,508,672
Federal Realty Investment Trust 114,750 12,083,175
General Growth Properties, Inc. 105,350 2,052,218
Glimcher Realty Trust 836,000 8,836,520
Pennsylvania Real Estate Investment Trust 49,850 790,621
Regency Centers Corp. 207,850 10,128,530
Simon Property Group, Inc. 355,714 54,000,942
Taubman Centers, Inc. 100,600 7,719,038
 
    110,868,731
Specialized REITs - 28.6%    
Chesapeake Lodging Trust 148,750 2,955,663
CubeSmart 479,850 6,175,670
Entertainment Properties Trust (L) 44,560 1,979,801
Extra Space Storage, Inc. 230,900 7,677,425
Health Care REIT, Inc. 480,300 27,737,325
Healthcare Realty Trust, Inc. 419,850 9,677,543
Hospitality Properties Trust 208,200 4,950,996
LaSalle Hotel Properties 102,499 2,735,698
Pebblebrook Hotel Trust 151,320 3,539,375
Public Storage 106,240 14,785,421
Senior Housing Properties Trust 236,505 5,151,079
Strategic Hotels & Resorts, Inc. (I) 1,058,350 6,360,684
Sunstone Hotel Investors, Inc. (I) 545,100 5,996,100
Ventas, Inc. 272,250 16,947,562
 
    116,670,342
TOTAL COMMON STOCKS (Cost $356,843,918) $ 402,457,601

 

272

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Real Estate Securities Trust (continued)  
   Shares or  
   Principal  
   Amount Value
 
SECURITIES LENDING COLLATERAL - 2.4%      
John Hancock Collateral      
Investment Trust, 0.3462% (W)(Y) 957,237 9,580,601
TOTAL SECURITIES LENDING      
COLLATERAL (Cost $9,580,853)   $ 9,580,601
 
SHORT-TERM INVESTMENTS - 0.3%      
Repurchase Agreement - 0.3%      
Repurchase Agreement with State Street Corp.      
dated 09/28/2012 at 0.010% to be      
repurchased at $1,308,001 on 10/01/2012,      
collateralized by $1,285,000 Federal Home      
Loan Mortgage Corp., 1.750% due      
09/10/2015 (valued at $1,336,400,      
including interest) 1,308,000 $ 1,308,000
TOTAL SHORT-TERM INVESTMENTS (Cost $1,308,000) $ 1,308,000
Total Investments (Real Estate Securities Trust)      
(Cost $367,732,771) - 101.5%   $ 413,346,202
Other assets and liabilities, net - (1.5%)     (6,017,228)
TOTAL NET ASSETS - 100.0%   $ 407,328,974
 
 
 
 
Real Return Bond Trust      
   Shares or  
   Principal  
   Amount Value
 
 
U.S. GOVERNMENT & AGENCY      
OBLIGATIONS - 97.7%      
U.S. Government - 93.5%      
Treasury Inflation Protected Securities      
0.125%, 04/15/2016 (F) 5,190,199 5,500,396
0.125%, 04/15/2017 to 07/15/2022 18,417,533 20,059,208
0.500%, 04/15/2015 1,691,584 1,777,352
0.625%, 07/15/2021 9,963,562 11,400,497
1.250%, 04/15/2014 to 07/15/2020 5,209,240 5,922,567
1.375%, 01/15/2020 530,775 634,857
1.625%, 01/15/2015 1,923,536 2,061,490
1.750%, 01/15/2028 4,385,360 5,680,067
1.875%, 07/15/2013 to 07/15/2015 2,492,545 2,574,259
2.000%, 01/15/2014 to 01/15/2026 21,198,754 23,261,742
2.125%, 01/15/2019 (F) 4,704,402 5,770,979
2.375%, 01/15/2025 to 01/15/2027 13,341,108 18,117,027
2.625%, 07/15/2017 442,188 534,322
3.375%, 04/15/2032 9,828,928 16,317,554
3.625%, 04/15/2028 141,657 224,814
3.875%, 04/15/2029 2,926,791 4,861,675
 
      124,698,806
U.S. Government Agency - 4.2%      
Federal Home Loan Mortgage Corp.      
2.000%, 03/14/2019 900,000 905,847
2.500%, 10/02/2019 600,000 622,318
Federal National Mortgage Association      
2.700%, 03/28/2022 4,100,000 4,153,423
 
      5,681,588
TOTAL U.S. GOVERNMENT & AGENCY      
OBLIGATIONS (Cost $129,847,637)   $ 130,380,394

 

Real Return Bond Trust (continued)  
    Shares or  
    Principal  
    Amount Value
 
 
FOREIGN GOVERNMENT      
OBLIGATIONS - 6.3%      
Australia - 1.0%      
New South Wales Treasury Corp.      
2.500%, 11/20/2035 AUD 500,000 649,812
2.750%, 11/20/2025   500,000 684,068
 
      1,333,880
Canada - 2.2%      
Government of Canada      
1.500%, 08/01/2015 to 12/01/2044 CAD 2,130,642 2,388,756
2.750%, 09/01/2016   100,000 107,537
4.250%, 12/01/2021   292,508 423,971
 
      2,920,264
Italy - 2.0%      
Republic of Italy      
1.705%, 09/13/2013 EUR 900,000 1,135,695
2.100%, 09/15/2016 to 09/15/2017   1,178,609 1,481,725
 
      2,617,420
United Kingdom - 1.1%      
Government of United Kingdom      
1.250%, 11/22/2017 GBP 374,898 694,449
1.875%, 11/22/2022   117,715 241,626
2.500%, 07/26/2016   100,000 554,104
 
      1,490,179
TOTAL FOREIGN GOVERNMENT      
OBLIGATIONS (Cost $8,178,194)   $ 8,361,743
 
CORPORATE BONDS - 16.3%      
Energy - 0.1%      
Petroleos Mexicanos      
5.500%, 01/21/2021 $ 100,000 117,250
Financials - 15.1%      
Achmea Hypotheekbank NV      
3.200%, 11/03/2014 (S)   244,000 255,852
Ally Financial, Inc.      
3.638%, 02/11/2014 (P)   500,000 503,090
American International Group, Inc.      
(8.625% to 05/22/2018, then 3 month      
GBP LIBOR + 4.400%)      
05/22/2038 GBP 200,000 371,404
Bank of Montreal      
2.850%, 06/09/2015 (S) $ 1,000,000 1,062,700
BBVA Bancomer SA      
6.500%, 03/10/2021 (S)   200,000 219,100
Citigroup, Inc.      
2.438%, 08/13/2013 (P)   1,900,000 1,925,395
Commonwealth Bank of Australia      
0.869%, 06/25/2014 (P)(S)   5,300,000 5,340,110
Dexia Credit Local SA      
0.814%, 03/05/2013 (P)(S)   300,000 297,691
1.400%, 09/20/2013   1,400,000 1,400,000
1.700%, 09/06/2013   700,000 699,989
2.750%, 04/29/2014 (S)   400,000 403,740
Everest Reinsurance Holdings, Inc.      
5.400%, 10/15/2014   1,000,000 1,041,440
ING Bank Australia, Ltd.      
4.037%, 06/24/2014 (P) AUD 600,000 626,060
International Lease Finance Corp.      
6.500%, 09/01/2014 (S) $ 100,000 107,500
Morgan Stanley      
0.608%, 03/01/2013 (P) EUR 200,000 256,650
NIBC Bank NV      
2.800%, 12/02/2014 (S) $ 1,600,000 1,669,363

 

273

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Real Return Bond Trust (continued)  
    Shares or  
    Principal  
    Amount Value
 
 
CORPORATE BONDS (continued)      
Financials (continued)      
Nordea Bank AB      
1.240%, 01/14/2014 (P)(S) $ 1,200,000 $ 1,206,145
Royal Bank of Scotland PLC      
1.830%, 10/15/2012 (P)   300,000 300,062
The Goldman Sachs Group, Inc.      
0.823%, 03/22/2016 (P)   2,100,000 2,018,338
Westpac Banking Corp.      
3.585%, 08/14/2014 (S)   400,000 420,673
 
      20,125,302
Materials - 0.7%      
Rexam PLC      
6.750%, 06/01/2013 (S)   1,000,000 1,019,800
Telecommunication Services - 0.4%      
Telefonica Emisiones SAU      
0.772%, 02/04/2013 (P)   500,000 498,258
TOTAL CORPORATE BONDS (Cost $20,723,507) $ 21,760,610
 
COLLATERALIZED MORTGAGE      
OBLIGATIONS - 7.0%      
Commercial & Residential - 5.6%      
Banc of America Large Loan, Inc.,      
Series 2009-UB1, Class A4A      
5.707%, 06/24/2050 (P)(S)   250,000 283,488
BCAP LLC Trust      
Series 2011-RR5, Class 5A1,      
5.250%, 08/26/2037 (S)   394,652 389,521
Series 2011-RR5, Class 12A1,      
5.492%, 03/26/2037 (P)(S)   100,000 80,750
Bear Stearns Adjustable      
Rate Mortgage Trust      
Series 2003-3, Class 3A2,      
2.508%, 05/25/2033 (P)   144,507 145,589
Series 2005-1, Class 2A1,      
2.901%, 03/25/2035 (P)   53,837 46,803
Citigroup Mortgage Loan Trust, Inc.,      
Series 2005-6, Class A3      
1.990%, 09/25/2035 (P)   68,491 67,964
Commercial Mortgage Pass Through      
Certificates, Series 2010-C1, Class A1      
3.156%, 07/10/2046 (S)   96,039 101,840
Countrywide Alternative Loan Trust,      
Series 2007-OA4, Class A1      
0.387%, 05/25/2047 (P)   563,930 402,312
Countrywide Home Loan Mortgage Pass      
Through Trust, Series 2003-HYB3,      
Class 7A1 2.923%, 11/19/2033 (P)   44,815 44,800
Credit Suisse Mortgage Capital      
Certificates, Series 2009-RR1,      
Class A3A 5.383%, 02/15/2040 (S)   100,000 111,087
Granite Mortgages PLC, Series 2004-3,      
Class 3A2 1.011%, 09/20/2044 (P) GBP 145,146 230,480
Greenpoint Mortgage Funding Trust,      
Series 2005-AR1, Class A2      
0.437%, 06/25/2045 (P) $ 370,316 285,751
GS Mortgage Securities Corp. II      
Series 2007-EOP, Class A1,      
1.103%, 03/06/2020 (P)(S)   46,335 46,318
Series 2007-EOP, Class A2,      
1.260%, 03/06/2020 (P)(S)   250,000 249,853
Series 2010-C1, Class A2,      
4.592%, 08/10/2043 (S)   600,000 699,665

 

Real Return Bond Trust (continued)  
    Shares or  
    Principal  
    Amount Value
 
 
COLLATERALIZED MORTGAGE      
OBLIGATIONS (continued)      
Commercial & Residential (continued)      
GSR Mortgage Loan Trust,      
Series 2005-AR1, Class 1A1      
2.899%, 01/25/2035 (P) $ 36,428 $ 35,937
Holmes Master Issuer PLC,      
Series 2011-1A, Class A3      
1.847%, 10/15/2054 (P)(S) EUR 700,000 911,671
Indymac INDA Mortgage Loan Trust,      
Series 2005-AR1, Class 2A1      
4.218%, 11/25/2035 (P) $ 111,466 95,781
JP Morgan Mortgage Trust      
Series 2007-A1, Class 1A1,      
3.050%, 07/25/2035 (P)   99,286 100,505
Series 2005-A6, Class 2A1,      
3.116%, 08/25/2035 (P)   88,652 87,822
MASTR Adjustable Rate Mortgages Trust,      
Series 2003-6, Class 2A1      
2.688%, 12/25/2033 (P)   178,273 175,106
Merrill Lynch Mortgage Investors, Inc.,      
Series 2005-3, Class 5A      
0.467%, 11/25/2035 (P)   473,298 424,860
NCUA Guaranteed Notes, Series 2010-R3,      
Class 2A 0.788%, 12/08/2020 (P)   256,600 258,524
NCUA Guaranteed Notes Trust,      
Series 2010-R1, Class 1A      
0.678%, 10/07/2020 (P)   206,265 207,193
RBSCF Trust, Series 2010-RR4,      
Class CMLA 6.204%, 12/16/2049 (P)(S)   100,000 118,730
Securitized Asset Sales, Inc.,      
Series 1993-6, Class A5      
0.757%, 11/26/2023 (P)   3,784 3,876
Sequoia Mortgage Trust, Series 2007-3,      
Class 1A1 0.419%, 07/20/2036 (P)   97,255 89,124
Structured Adjustable Rate      
Mortgage Loan Trust      
Series 2004-19, Class 2A1,      
1.635%, 01/25/2035 (P)   125,788 87,974
Series 2004-1, Class 4A2,      
2.778%, 02/25/2034 (P)   238,876 241,312
Series 2004-18, Class 5A,      
5.500%, 12/25/2034 (P)   231,589 220,908
Structured Asset Mortgage      
Investments, Inc., Series 2004-AR5,      
Class 1A1 0.879%, 10/19/2034 (P)   167,918 158,999
Vornado DP LLC, Series 2010-VNO,      
Class A2FX 4.004%, 09/13/2028 (S)   600,000 680,642
Wachovia Bank Commercial      
Mortgage Trust, Series 2004-C14,      
Class A4 5.088%, 08/15/2041 (P)   100,000 106,957
WaMu Mortgage Pass-      
Through Certificates      
Series 2005-AR15, Class A1A1,      
0.477%, 11/25/2045 (P)   175,727 157,455
Series 2006-AR17, Class 1A1A,      
0.958%, 12/25/2046 (P)   153,216 130,728
Series 2002-AR17, Class 1A,      
1.348%, 11/25/2042 (P)   28,886 26,754
Series 2005-AR10, Class 3A1,      
5.314%, 08/25/2035 (P)   19,595 19,035
U.S. Government Agency - 1.4%      
Federal Home Loan Mortgage Corp.      
Series 2752, Class FM,      
0.570%, 12/15/2030 (P)   71,597 71,617

 

274

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Real Return Bond Trust (continued)  
    Shares or  
    Principal  
    Amount Value
 
 
COLLATERALIZED MORTGAGE      
OBLIGATIONS (continued)      
U.S. Government Agency (continued)      
Federal Home Loan Mortgage Corp. (continued)    
Series 3172, Class FK,      
0.670%, 08/15/2033 (P) $ 364,572 $ 366,463
Series 278, Class F1,      
0.691%, 09/15/2042 (P)   400,000 401,594
Series T-62, Class 1A1,      
1.306%, 10/25/2044 (P)   643,592 646,419
Federal National Mortgage Association      
Series 2006-118, Class A2,      
0.305%, 12/25/2036 (P)   98,072 93,552
Series 2004-63, Class FA,      
0.367%, 08/25/2034 (P)   127,384 125,604
Series 2003-W8, Class 3F2,      
0.567%, 05/25/2042 (P)   87,494 87,644
 
      1,792,893
TOTAL COLLATERALIZED MORTGAGE      
OBLIGATIONS (Cost $9,312,979)   $ 9,319,007
 
ASSET BACKED SECURITIES - 3.6%      
Aquilae CLO PLC, Series 2006-1X,      
Class A 1.007%, 01/17/2023 (P) EUR 189,299 234,797
Bear Stearns Asset Backed Securities, Inc.,      
Series 2006-AQ1, Class 2A1      
0.297%, 10/25/2036 (P) $ 59,356 56,280
Citibank Omni Master Trust,      
Series 2009-A14A, Class A14      
2.971%, 08/15/2018 (P)(S)   400,000 418,738
Equity One Asset Backed Securities, Inc.,      
Series 2004-1, Class AV2      
0.517%, 04/25/2034 (P)   85,696 64,604
HSBC Home Equity Loan Trust,      
Series 2006-2, Class A1      
0.369%, 03/20/2036 (P)   111,171 108,581
HSI Asset Securitization Corp. Trust,      
Series 2006-HE1, Class 2A1      
0.267%, 10/25/2036 (P)   6,614 2,577
Illinois Student Assistance Commission,      
Series 2010-1, Class A1      
0.931%, 04/25/2017 (P)   39,390 39,150
Landmark V CDO, Ltd., Series 2005-1A,      
Class A1L 0.718%, 06/01/2017 (P)(S)   156,857 155,031
LCM V LP, Series 5A, Class A1      
0.606%, 03/21/2019 (P)(S)   600,000 580,363
Magnolia Funding, Ltd., Series 2010-1A,      
Class A1 1.314%, 04/11/2021 (P)(S) EUR 464,742 567,739
Nelnet Student Loan Trust, Series 2008-4,      
Class A2 1.151%, 07/25/2018 (P) $ 51,467 51,633
North Carolina State Education Assistance      
Authority, Series 2011-2, Class A1      
0.901%, 10/26/2020 (P)   205,006 205,041
Park Place Securities, Inc.,      
Series 2005-WCW1, Class A1B      
0.477%, 09/25/2035 (P)   30,826 29,854
Penta CLO SA, Series 2007-1X, Class A1      
1.166%, 06/04/2024 (P) EUR 193,661 234,933
SLM Student Loan Trust      
Series 2010-C, Class A1,      
1.871%, 12/15/2017 (P)(S) $ 73,788 73,935
Series 2009-CT, Class 1A,      
2.350%, 04/15/2039 (P)(S)   187,736 189,144
Symphony CLO III, Ltd., Series 2007-3A,      
Class A1A 0.675%, 05/15/2019 (P)(S)   500,000 487,229

 

Real Return Bond Trust (continued)    
   Shares or  
   Principal  
   Amount Value
 
ASSET BACKED SECURITIES (continued)      
United States Small Business      
Administration 5.902%, 02/10/2018 $ 436,119  $ 483,339
Venture VII CDO, Ltd., Series 2006-7A,      
Class A1A 0.685%, 01/20/2022 (P)(S) 700,000 641,690
Wood Street CLO BV, Series II-A,      
Class A1 0.696%, 03/29/2021 (P)(S) EUR 179,378 222,492
TOTAL ASSET BACKED SECURITIES (Cost $4,840,566) $ 4,847,150
 
OPTIONS PURCHASED - 0.1%      
Call Options - 0.1%      
Over the Counter USD Options 1 Year      
Forward Volatility Agreement.      
(Expiration Date: 12/10/2012; Strike      
Price: $8.30, Counterparty: Royal Bank      
of Scotland PLC) (I) 200,000 15,132
Over the Counter USD Options 1 Year      
Forward Volatility Agreement.      
(Expiration Date: 12/10/2012; Strike      
Price: $8.35, Counterparty: Deutsche      
Bank AG) (I) 200,000 15,132
 
      30,264
Put Options - 0.0%      
Over the Counter USD Options on 30 Year      
Interest Rate Swaption. Receive a      
floating rate based on 3-month LIBOR      
and pay a fixed rate of 3.875%      
(Expiration Date: 04/14/2014; Strike      
Price: $3.87, Counterparty: Deutsche      
Bank AG) (I) 700,000 15,719
TOTAL OPTIONS PURCHASED (Cost $69,595)   $ 45,983
 
SHORT-TERM INVESTMENTS - 47.0%      
U.S. Government Agency - 12.4%      
Federal Home Loan Bank Discount Notes      
0.135%, 11/14/2012* 4,400,000 4,399,274
0.153%, 02/20/2013 * 400,000 399,759
0.180%, 11/28/2012* 10,700,000 10,696,897
Federal Home Loan Mortgage Corp.      
Discount Notes 0.155%, 02/25/2013 * 1,000,000 999,367
 
      16,495,297
Foreign Government - 5.7%      
Japan Treasury Discount Bill 0.098%,      
11/05/2012 * 560,000,000 7,175,169
Mexico Cetes 4.296%, 11/29/2012 * 43,500,000 335,452
Mexico Treasury Bill 4.300%,      
12/13/2012 * 12,000,000 92,385
 
      7,603,006
Commercial Paper - 1.3%      
Santander UK PLC 2.200%, 04/02/2013 * 700,000 692,214
Standard Chartered Bank 0.950%,      
10/01/2013 * 1,100,000 1,089,434
 
      1,781,648
Repurchase Agreement - 27.6%      
Repurchase Agreement with Citigroup      
dated 09/28/2012 at 0.280% to be      
repurchased at $5,500,128 on      
10/01/2012, collateralized by $5,595,000      
Federal National Mortgage Association,      
0.790% due 04/24/2015 (valued at      
$5,596,175, including interest) 5,500,000 5,500,000

 

275

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Real Return Bond Trust (continued)    
  Shares or   
  Principal   
   Amount Value
 
 
SHORT-TERM INVESTMENTS (continued)      
Repurchase Agreement (continued)      
Repurchase Agreement with JPMorgan      
Chase & Company dated 09/28/2011 at      
0.260% to be repurchased at $4,400,095      
on 10/01/2012, collateralized by      
$3,809,500 U.S. Treasury Note, 3.625%      
due 08/15/2019 (valued at $4,497,436,      
including interest) EUR 4,400,000  $ 4,400,000
Repurchase Agreement with Morgan      
Stanley dated 09/28/2012 at 0.280% to      
be repurchased at $13,200,308 on      
10/01/2012, collateralized by $9,984,200      
U.S. Treasury Bond, 4.375% due      
11/15/2039 (valued at $13,431,055,      
including interest) 13,200,000 13,200,000
Repurchase Agreement with State      
Street Corp. dated 09/28/2012 at      
0.010% to be repurchased at $535,000      
on 10/01/2012, collateralized by      
$525,000 U.S. Treasury Note, 1.750%      
due 05/31/2016 (valued at $550,594,      
including interest) 535,000 535,000
Repurchase Agreement with Toronto-      
Dominion Bank dated 09/28/2012 at      
0.260% to be repurchased at      
$13,200,286 on 10/01/2012,      
collateralized by $13,860,000      
U.S. Treasury Bond, 2.750% due      
08/15/2042 (valued at $13,758,310,      
including interest) 13,200,000 13,200,000
 
      36,835,000
TOTAL SHORT-TERM INVESTMENTS (Cost $62,689,150) $ 62,714,951
Total Investments (Real Return Bond Trust)      
(Cost $235,661,628) - 178.0%   $ 237,429,838
Other assets and liabilities, net - (78.0%)     (104,007,835)
TOTAL NET ASSETS - 100.0%   $ 133,422,003
 
 
 
Science & Technology Trust      
  Shares or   
  Principal   
   Amount Value
 
COMMON STOCKS - 95.0%      
Consumer Discretionary - 5.5%      
Automobiles - 0.3%      
Tesla Motors, Inc. (I)(L) 36,971 $ 1,082,511
Hotels, Restaurants & Leisure - 0.2%      
Ctrip.com International, Ltd., ADR (I)(L) 43,800 739,344
Internet & Catalog Retail - 4.2%      
Amazon.com, Inc. (I) 30,340 7,716,069
Groupon, Inc. (I)(L) 467,400 2,224,824
Netflix, Inc. (I) 3,865 210,411
priceline.com, Inc. (I) 8,110 5,017,900
 
      15,169,204
Media - 0.8%      
Comcast Corp., Class A 81,605 2,919,011
 
      19,910,070

 

Science & Technology Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Health Care - 1.1%    
Health Care Equipment & Supplies - 0.3%    
Stryker Corp. 21,300 $ 1,185,558
Health Care Technology - 0.4%    
athenahealth, Inc. (I)(L) 17,490 1,605,057
Pharmaceuticals - 0.4%    
Hospira, Inc. (I) 40,500 1,329,210
 
    4,119,825
Industrials - 0.9%    
Construction & Engineering - 0.7%    
Quanta Services, Inc. (I) 96,975 2,395,283
Professional Services - 0.2%    
RPX Corp. (I) 65,400 733,134
 
    3,128,417
Information Technology - 85.9%    
Communications Equipment - 10.4%    
Acme Packet, Inc. (I)(L) 85,000 1,453,500
Alcatel-Lucent, ADR (I)(L) 1,950,600 2,145,660
Aruba Networks, Inc. (I)(L) 195,000 4,384,575
Cisco Systems, Inc. 613,040 11,702,934
F5 Networks, Inc. (I) 9,415 985,751
Finisar Corp. (I)(L) 145,800 2,084,940
Ixia (I)(L) 8,200 131,774
JDS Uniphase Corp. (I)(L) 292,000 3,616,420
Juniper Networks, Inc. (I) 252,737 4,324,330
Motorola Solutions, Inc. 25,520 1,290,036
QUALCOMM, Inc. 84,595 5,286,342
 
    37,406,262
Computers & Peripherals - 19.0%    
Apple, Inc. 54,035 36,055,394
Catcher Technology Company, Ltd. 131,000 616,809
Dell, Inc. 886,490 8,740,791
EMC Corp. (I) 266,104 7,256,656
Fusion-io, Inc. (I)(L) 148,754 4,502,784
NetApp, Inc. (I) 67,660 2,224,661
SanDisk Corp. (I) 106,215 4,612,917
Seagate Technology PLC 44,435 1,377,485
Synaptics, Inc. (I)(L) 87,600 2,104,152
Western Digital Corp. 25,945 1,004,850
 
    68,496,499
Electronic Equipment, Instruments & Components - 2.9%  
Hitachi, Ltd. 390,000 2,167,070
IPG Photonics Corp. (I)(L) 74,000 4,240,200
LG Display Company, Ltd. (I) 60,205 1,524,116
RealD, Inc. (I)(L) 189,200 1,691,448
TPK Holding Company, Ltd. 66,000 859,351
 
    10,482,185
Internet Software & Services - 15.2%    
Akamai Technologies, Inc. (I) 57,745 2,209,324
Angie’s List, Inc. (I) 77,716 822,235
Baidu, Inc., ADR (I) 78,300 9,147,006
Bitauto Holdings, Ltd., ADR (I) 14,600 65,554
Dropbox, Inc. (I)(R) 7,441 67,334
eBay, Inc. (I) 131,950 6,387,700
Facebook, Inc., Class A (I)(L) 153,215 3,317,105
Facebook, Inc., Class A (I) 21,334 449,655
Facebook, Inc., Class B (I) 38,296 807,161
Google, Inc., Class A (I) 31,155 23,506,448
LinkedIn Corp., Class A (I) 6,065 730,226
NetEase.com, Inc., ADR (I)(L) 39,140 2,197,320

 

276

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Science & Technology Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Internet Software & Services (continued)    
Phoenix New Media, Ltd., ADR (I)(L) 26,636 $ 91,095
RealNetworks, Inc. (I) 139,900 1,163,968
Renren, Inc., ADR (I)(L) 745 3,002
SINA Corp. (I) 39,753 2,571,224
Yelp, Inc. (I) 55,350 1,497,218
Youku Tudou, Inc., Class A (I) 10 10
 
    55,033,585
IT Services - 5.5%    
Accenture PLC, Class A 22,600 1,582,678
Automatic Data Processing, Inc. 3,165 185,659
Cognizant Technology    
Solutions Corp., Class A (I) 35,185 2,460,135
Fidelity National Information Services, Inc. 17,195 536,828
Fiserv, Inc. (I) 9,165 678,485
International Business Machines Corp. 25,020 5,190,399
Mastercard, Inc., Class A 1,210 546,291
Vantiv, Inc., Class A (I) 23,900 515,045
Visa, Inc., Class A 60,525 8,127,297
 
    19,822,817
Semiconductors & Semiconductor Equipment - 13.8%  
Advanced Micro Devices, Inc. (I)(L) 258,800 872,156
Analog Devices, Inc. (L) 27,885 1,092,813
Applied Materials, Inc. 224,400 2,505,426
Atmel Corp. (I) 392,800 2,066,128
Avago Technologies, Ltd. 39,740 1,385,535
Broadcom Corp., Class A (I) 40,095 1,386,485
Cree, Inc. (I)(L) 44,400 1,133,532
First Solar, Inc. (I)(L) 198,800 4,402,426
Intel Corp. 144,375 3,274,425
Intersil Corp., Class A 110,000 962,500
Lam Research Corp. (I)(L) 132,320 4,205,791
Marvell Technology Group, Ltd. 274,000 2,507,100
Maxim Integrated Products, Inc. 19,915 530,137
MEMC Electronic Materials, Inc. (I)(L) 174,500 479,875
Microchip Technology, Inc. (L) 12,115 396,645
Micron Technology, Inc. (I) 476,230 2,850,237
NVIDIA Corp. (I) 376,700 5,025,178
ON Semiconductor Corp. (I) 499,700 3,083,149
PMC-Sierra, Inc. (I)(L) 273,400 1,541,976
Samsung Electronics Company, Ltd. 4,320 5,200,986
Skyworks Solutions, Inc. (I) 66,725 1,572,375
STR Holdings, Inc. (I)(L) 211,300 655,030
Taiwan Semiconductor    
Manufacturing Company, Ltd. 19,700 60,028
Texas Instruments, Inc. 12,500 344,375
Tokyo Electron, Ltd. (L) 49,500 2,106,787
 
    49,641,095
Software - 19.1%    
Activision Blizzard, Inc. (L) 60,453 681,910
Adobe Systems, Inc. (I) 9,800 318,108
Aspen Technology, Inc. (I) 73,695 1,905,016
Autodesk, Inc. (I) 114,877 3,833,445
Check Point Software Technologies, Ltd. (I) 28,200 1,358,112
Electronic Arts, Inc. (I) 282,986 3,591,092
Intuit, Inc. 39,291 2,313,454
Microsoft Corp. 676,635 20,150,190
Nintendo Company, Ltd. 68,500 8,613,632
Nuance Communications, Inc. (I) 14,280 355,429
Oracle Corp. 267,575 8,425,937
Red Hat, Inc. (I) 40,000 2,277,600
Rovi Corp. (I)(L) 18,614 270,089
Salesforce.com, Inc. (I)(L) 56,105 8,566,672
ServiceNow, Inc. (I) 6,200 239,816

 

Science & Technology Trust (continued)  
  Shares or   
   Principal  
   Amount Value
 
COMMON STOCKS (continued)      
Software (continued)      
Splunk, Inc. (I)(L) 7,900 $ 290,088
TIBCO Software, Inc. (I) 144,980 4,382,745
UBISOFT Entertainment SA (I) 178,511 1,427,981
 
      69,001,316
 
      309,883,759
Materials - 1.1%      
Chemicals - 1.1%      
Monsanto Company 44,010 4,005,790
Telecommunication Services - 0.5%      
Diversified Telecommunication Services - 0.5%      
China Unicom Hong Kong, Ltd. 928,000 1,513,107
Verizon Communications, Inc. 4,275 194,813
 
      1,707,920
 
      1,707,920
TOTAL COMMON STOCKS (Cost $341,161,286)   $ 342,755,781
 
PREFERRED SECURITIES - 1.0%      
Information Technology - 1.0%      
Internet Software & Services - 1.0%      
Coupon.com, Inc. (I)(R) 85,758 471,099
Dropbox, Inc., Series A (I)(R) 9,241 83,623
Dropbox, Inc., Series A1 (I)(R) 89,006 805,424
Silver Spring Networks, Series E (I)(R) 38,600 289,500
Twitter, Inc., Series E (I)(R) 125,031 1,592,895
Workday Inc. (I)   76 1,444
Workday Inc. (I)(R) 8,977 170,563
 
      3,414,548
 
      3,414,548
TOTAL PREFERRED SECURITIES (Cost $2,199,674)   $ 3,414,548
 
SECURITIES LENDING COLLATERAL - 11.5%      
John Hancock Collateral      
Investment Trust, 0.3462% (W)(Y) 4,145,555 41,491,200
TOTAL SECURITIES LENDING      
COLLATERAL (Cost $41,490,258)   $ 41,491,200
 
SHORT-TERM INVESTMENTS - 3.2%      
Money Market Funds - 2.2%      
State Street Institutional U.S. Government      
Money Market Fund, 0.0469% (Y) $ 565,612  $ 565,612
T.Rowe Price Prime Reserve      
Fund, 0.1066% (Y) 7,465,503 7,465,503
 
      8,031,115
Repurchase Agreement - 1.0%      
Repurchase Agreement with State Street Corp.      
dated 09/28/2012 at 0.010% to be      
repurchased at $3,542,003 on 10/01/2012,      
collateralized by $3,445,000 U.S. Tresaury      
Note, 1.750% due 05/31/2016 (valued      
at $3,612,944) 3,542,000 3,542,000
TOTAL SHORT-TERM INVESTMENTS (Cost $11,573,115) $ 11,573,115
Total Investments (Science & Technology Trust)      
(Cost $396,424,333) - 110.7%   $ 399,234,644
Other assets and liabilities, net - (10.7%)     (38,548,169)
 
TOTAL NET ASSETS - 100.0%   $ 360,686,475
 

 

277

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Short Term Government Income Trust  
    Shares or  
    Principal  
    Amount Value
 
 
U.S. GOVERNMENT & AGENCY      
OBLIGATIONS - 89.7%      
U.S. Government - 15.5%      
U.S. Treasury Notes      
0.500%, 07/31/2017 $ 16,285,000 16,208,656
0.625%, 08/31/2017   6,770,000 6,775,815
0.875%, 12/31/2016   5,560,000 5,647,309
1.000%, 08/31/2016   5,840,000 5,964,556
1.250%, 09/30/2015   8,010,000 8,232,149
1.750%, 03/31/2014   3,225,000 3,298,443
2.000%, 04/30/2016   5,275,000 5,576,250
2.125%, 05/31/2015   22,370,000 23,451,791
2.500%, 04/30/2015   11,425,000 12,074,797
 
      87,229,766
U.S. Government Agency - 74.2%      
Federal Agricultural Mortgage Corp.      
2.000%, 07/27/2016   6,464,000 6,782,262
2.125%, 09/15/2015   16,420,000 17,105,092
2.375%, 07/22/2015   20,010,000 21,048,499
3.250%, 08/11/2014   3,195,000 3,352,705
5.125%, 04/19/2017 (S)   20,785,000 24,725,982
Federal Farm Credit Bank      
0.970%, 09/05/2017   8,305,000 8,320,373
1.100%, 06/20/2017   8,670,000 8,711,711
1.900%, 12/21/2017   7,925,000 7,952,769
2.180%, 11/09/2018   19,815,000 19,851,063
Federal Home Loan Bank      
1.000%, 08/21/2017 to 10/16/2017   48,855,000 48,908,088
2.125%, 06/10/2016   4,000,000 4,220,320
Federal Home Loan Mortgage Corp.      
0.875%, 10/24/2014   6,000,000 6,001,732
1.375%, 09/14/2017   7,865,000 7,899,299
1.500%, 05/23/2017   11,870,000 11,890,654
1.550%, 01/25/2018   15,790,000 15,844,854
2.187%, 09/01/2042 (P)   2,500,000 2,610,267
2.668%, 11/01/2033 (P)   53,693 57,703
3.054%, 01/01/2037 (P)   496,055 530,083
4.271%, 09/01/2039 (P)   679,077 718,015
5.500%, 11/01/2035   506,248 554,144
6.000%, 11/01/2028 to 12/01/2028   168,253 187,079
6.500%, 11/01/2037 to 09/01/2039   2,573,590 2,879,489
7.000%, 04/01/2018 to 06/01/2032   377,484 430,354
9.500%, 08/01/2020   26,572 30,775
12.000%, 07/01/2020   1,705 1,819
Federal National Mortgage Association      
0.650%, 04/30/2015   17,015,000 17,043,500
0.700%, 03/26/2015 to 06/26/2015   11,365,000 11,392,483
2.270%, 09/01/2033 (P)   188,167 200,315
2.321%, 09/01/2041 (P)   8,352,050 8,739,366
2.445%, 04/01/2042 (P)   6,672,724 6,970,519
2.498%, 02/01/2042 (P)   9,596,642 10,064,591
2.616%, 02/01/2042 (P)   7,365,738 7,747,752
3.526%, 07/01/2039 (P)   32,709 34,317
4.249%, 05/01/2034 (P)   107,715 114,030
4.865%, 04/01/2048 (P)   14,654 15,621
5.000%, 04/01/2019 to 03/01/2025   1,950,761 2,116,423
5.500%, 04/01/2018 to 08/01/2040   7,477,094 8,228,268
6.000%, 10/01/2036 to 05/01/2037   6,840,832 7,597,400
6.500%, 02/01/2026 to 01/01/2039   18,466,722 20,769,095
7.000%, 07/01/2022 to 07/01/2034   979,846 1,115,211
7.500%, 09/01/2029 to 02/01/2031   195,660 229,224
8.000%, 07/01/2014 to 03/01/2033   377,685 445,296
8.500%, 08/01/2019   86,901 98,546
9.000%, 05/01/2021   1,142 1,178
11.500%, 09/15/2013 to 09/01/2019   5,899 6,119
12.000%, 01/01/2013 to 04/20/2016   22,873 24,795

 

Short Term Government Income Trust (continued)
    Shares or  
    Principal  
    Amount Value
 
 
U.S. GOVERNMENT & AGENCY      
OBLIGATIONS (continued)      
U.S. Government Agency (continued)      
Federal National Mortgage      
Association (continued)      
12.500%, 09/20/2015 $ 3,674 $ 4,005
Government National Mortgage Association      
3.000%, 07/20/2041 (P)   13,558,612 14,395,893
3.500%, 07/20/2041 (P)   16,782,208 17,975,787
3.750%, 10/20/2039 (P)   1,361,379 1,443,728
4.000%, 10/20/2039 (P)   574,991 613,441
5.000%, 03/20/2040   192,151 213,092
6.000%, 09/15/2038 to 01/20/2039   954,012 1,078,905
6.500%, 02/15/2034 to 09/15/2034   488,152 561,189
7.500%, 02/15/2022 to 12/15/2027   183,368 212,844
8.000%, 12/15/2025   89,176 101,448
8.500%, 11/15/2015 to 06/15/2025   214,632 248,850
Tennessee Valley Authority      
4.375%, 06/15/2015   20,195,000 22,372,748
4.500%, 04/01/2018   10,349,000 12,325,338
4.875%, 12/15/2016   8,501,000 9,983,931
5.500%, 07/18/2017   9,413,000 11,495,024
 
      416,595,403
TOTAL U.S. GOVERNMENT & AGENCY      
OBLIGATIONS (Cost $495,108,964)   $ 503,825,169
 
COLLATERALIZED MORTGAGE      
OBLIGATIONS - 8.5%      
U.S. Government Agency - 8.5%      
Federal Home Loan Mortgage Corp.      
Series K017, Class X1 IO,      
1.606%, 12/25/2021   5,740,878 573,818
Series K708, Class X1 IO,      
1.645%, 01/25/2019   11,530,085 929,913
Series K709, Class X1 IO,      
1.678%, 03/25/2019   6,778,397 562,532
Series K707, Class X1 IO,      
1.696%, 12/25/2018   5,082,345 412,326
Series K706, Class X1 IO,      
1.734%, 10/25/2018   15,723,277 1,290,001
Series K710, Class X1 IO,      
1.915%, 05/25/2019   5,326,975 520,792
Series 4094, Class QA,      
3.000%, 11/15/2039   14,582,985 15,517,506
Series 3956, Class DJ,      
3.250%, 10/15/2036   5,172,986 5,319,170
Series 2525, Class AM,      
4.500%, 04/15/2032   692,679 792,770
Series 3499, Class PA,      
4.500%, 08/15/2036   933,011 980,798
Series 3947, Class PA,      
4.500%, 01/15/2041   1,274,915 1,432,986
Federal National Mortgage Association      
Series 2012-110, Class MA,      
3.000%, 07/25/2041   2,705,000 2,891,391
Series 2003-W14, Class 2A,      
3.471%, 01/25/2043 (P)   935,324 1,004,075
Series 2011-146, Class MA,      
3.500%, 08/25/2041   7,337,409 7,895,712
Government National Mortgage Association      
Series 2012-114, Class IO,      
1.024%, 01/16/2053   4,105,000 396,068

 

278

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Short Term Government Income Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COLLATERALIZED MORTGAGE      
OBLIGATIONS (continued)      
U.S. Government Agency (continued)      
Government National Mortgage      
Association (continued)      
Series 2010-88, Class BA,      
4.500%, 01/20/2036 $ 6,770,847  $ 7,140,285
      47,660,143
TOTAL COLLATERALIZED MORTGAGE      
OBLIGATIONS (Cost $47,229,331)   $ 47,660,143
 
PREFERRED SECURITIES - 0.0%      
Financials - 0.0%      
Federal Home Loan Mortgage Corp., Series Z      
(8.375% to 12/31/2012, then higher of      
3 month LIBOR + 4.160% or 7.875%) (I) 39,750 33,788
Federal National Mortgage Association,      
Series S (8.250% to 12/31/2015, then higher      
of 3 month LIBOR + 4.230% or 7.750%) (I) 28,575 24,860
 
      58,648
TOTAL PREFERRED SECURITIES (Cost $1,708,125)   $ 58,648
 
SHORT-TERM INVESTMENTS - 0.9%      
 
REPURCHASE AGREEMENT - 0.9%      
Repurchase Agreement with State Street Corp.      
dated 09/30/2012 at 0.010% to be      
repurchased at $5,000,000 on 10/01/2012,      
collateralized by $5,000,004 U.S. Treasury      
Notes, 5.250% due 02/15/2026 (valued at      
$5,105,991 including interest) 5,000,000 $ 5,000,000
TOTAL SHORT-TERM INVESTMENTS (Cost $5,000,000) $ 5,000,000
Total Investments (Short Term Government Income Trust)    
(Cost $549,046,420) - 99.1%   $ 556,543,960
Other assets and liabilities, net - 0.9%     4,904,311
TOTAL NET ASSETS - 100.0%   $ 561,448,271
 
 
 
 
Small Cap Growth Trust      
  Shares or  
  Principal  
  Amount Value
 
COMMON STOCKS - 97.4%      
Consumer Discretionary - 20.0%      
Auto Components - 1.6%      
Allison Transmission Holdings, Inc. (L) 126,410 $ 2,543,365
Tenneco, Inc. (I)(L) 133,782 3,745,896
 
      6,289,261
Hotels, Restaurants & Leisure - 3.7%      
AFC Enterprises, Inc. (I) 129,992 3,197,803
Buffalo Wild Wings, Inc. (I)(L) 47,150 4,042,641
Burger King Worldwide, Inc. (I)(L) 175,350 2,444,379
The Cheesecake Factory, Inc. (L) 149,882 5,358,282
 
      15,043,105
Household Durables - 1.3%      
Meritage Homes Corp. (I)(L) 26,190 996,006
PulteGroup, Inc. (I)(L) 157,580 2,442,490
Standard Pacific Corp. (I)(L) 250,840 1,695,678
 
      5,134,174

 

Small Cap Growth Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Internet & Catalog Retail - 2.9%    
HomeAway, Inc. (I)(L) 172,940 $ 4,055,443
HSN, Inc. 72,160 3,539,448
Shutterfly, Inc. (I)(L) 139,096 4,328,668
 
    11,923,559
Leisure Equipment & Products - 0.7%    
Brunswick Corp. (L) 92,512 2,093,547
LeapFrog Enterprises, Inc. (I)(L) 101,610 916,522
 
    3,010,069
Media - 0.9%    
Pandora Media, Inc. (I)(L) 330,540 3,619,413
Specialty Retail - 5.7%    
DSW, Inc., Class A (L) 69,700 4,650,384
Francesca’s Holdings Corp. (I) 71,800 2,206,414
GNC Holdings, Inc., Class A (L) 74,080 2,886,898
Hibbett Sports, Inc. (I)(L) 48,650 2,892,243
rue21, Inc. (I) 93,909 2,925,265
The Children’s Place Retail Stores, Inc. (I) 61,960 3,717,600
Urban Outfitters, Inc. (I)(L) 106,090 3,984,740
 
    23,263,544
Textiles, Apparel & Luxury Goods - 3.2%    
Hanesbrands, Inc. (I)(L) 163,512 5,212,763
Samsonite International SA 1,906,800 3,653,876
Steven Madden, Ltd. (I) 93,240 4,076,453
 
    12,943,092
 
    81,226,217
Consumer Staples - 2.2%    
Food & Staples Retailing - 0.8%    
Casey’s General Stores, Inc. (L) 57,140 3,264,980
Personal Products - 1.4%    
Elizabeth Arden, Inc. (I)(L) 124,637 5,887,852
 
    9,152,832
Energy - 5.5%    
Energy Equipment & Services - 2.9%    
Atwood Oceanics, Inc. (I)(L) 95,554 4,342,929
Patterson-UTI Energy, Inc. (L) 248,610 3,937,982
Trican Well Service, Ltd. 281,370 3,660,586
 
    11,941,497
Oil, Gas & Consumable Fuels - 2.6%    
Rex Energy Corp. (I)(L) 185,240 2,472,954
Rosetta Resources, Inc. (I)(L) 78,390 3,754,881
SemGroup Corp., Class A (I) 113,620 4,186,897
 
    10,414,732
 
    22,356,229
Financials - 6.7%    
Commercial Banks - 1.7%    
East West Bancorp, Inc. 180,920 3,821,030
PrivateBancorp, Inc. 43,015 687,810
Western Alliance Bancorp (I) 253,040 2,581,008
 
    7,089,848
Consumer Finance - 0.3%    
Netspend Holdings, Inc. (I) 105,048 1,032,622
Real Estate Investment Trusts - 4.2%    
American Campus Communities, Inc. 56,160 2,464,301
Coresite Realty Corp. 105,780 2,849,713
Pebblebrook Hotel Trust 169,067 3,954,477
Potlatch Corp. 46,802 1,748,991
PS Business Parks, Inc. 25,990 1,736,652

 

279

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Small Cap Growth Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Real Estate Investment Trusts (continued)    
Sunstone Hotel Investors, Inc. (I) 205,330 $ 2,258,630
Two Harbors Investment Corp. 179,230 2,105,953
 
    17,118,717
Real Estate Management & Development - 0.5%    
Zillow, Inc., Class A (I)(L) 50,200 2,117,436
 
    27,358,623
Health Care - 21.0%    
Biotechnology - 6.8%    
Algeta ASA (I) 59,054 1,527,806
Arena Pharmaceuticals, Inc. (I)(L) 224,490 1,867,757
AVEO Pharmaceuticals, Inc. (I)(L) 164,150 1,708,802
Cubist Pharmaceuticals, Inc. (I) 83,080 3,961,254
Exelixis, Inc. (I)(L) 347,590 1,675,384
Immunogen, Inc. (I)(L) 138,850 2,027,210
Incyte Corp. (I)(L) 104,280 1,882,254
Ironwood Pharmaceuticals, Inc. (I)(L) 210,630 2,691,851
NPS Pharmaceuticals, Inc. (I)(L) 311,490 2,881,283
Onyx Pharmaceuticals, Inc. (I)(L) 31,910 2,696,395
Rigel Pharmaceuticals, Inc. (I) 135,100 1,384,775
Seattle Genetics, Inc. (I)(L) 130,740 3,523,443
 
    27,828,214
Health Care Equipment & Supplies - 4.8%    
ABIOMED, Inc. (I)(L) 162,030 3,401,010
Align Technology, Inc. (I) 68,881 2,546,531
HeartWare International, Inc. (I)(L) 62,375 5,893,814
Insulet Corp. (I)(L) 201,000 4,337,580
Volcano Corp. (I)(L) 116,300 3,322,691
 
    19,501,626
Health Care Providers & Services - 5.3%    
Air Methods Corp. (I)(L) 30,220 3,607,361
Catamaran Corp. (I) 61,876 6,061,992
HealthSouth Corp. (I) 121,410 2,921,125
Owens & Minor, Inc. (L) 52,900 1,580,652
Team Health Holdings, Inc. (I) 128,370 3,482,678
WellCare Health Plans, Inc. (I) 65,040 3,678,012
 
    21,331,820
Life Sciences Tools & Services - 1.3%    
PAREXEL International Corp. (I)(L) 168,891 5,195,087
Pharmaceuticals - 2.8%    
Almirall SA 19,656 153,357
Auxilium Pharmaceuticals, Inc. (I) 83,370 2,039,230
Optimer Pharmaceuticals, Inc. (I)(L) 184,320 2,602,598
Salix Pharmaceuticals, Ltd. (I) 79,190 3,352,905
The Medicines Company (I)(L) 124,200 3,205,602
 
    11,353,692
    85,210,439
Industrials - 14.5%    
Aerospace & Defense - 3.0%    
DigitalGlobe, Inc. (I)(L) 265,083 5,405,042
Moog, Inc., Class A (I) 65,692 2,487,756
Teledyne Technologies, Inc. (I) 66,293 4,202,313
 
    12,095,111
Airlines - 1.3%    
Spirit Airlines, Inc. (I) 299,060 5,107,945
Building Products - 1.7%    
Owens Corning, Inc. (I)(L) 130,570 4,368,872
Trex Company, Inc. (I)(L) 72,451 2,472,028
 
    6,840,900

 

Small Cap Growth Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Commercial Services & Supplies - 0.2%    
Sykes Enterprises, Inc. (I)(L) 74,125 $ 996,240
Electrical Equipment - 1.7%    
Acuity Brands, Inc. 43,780 2,770,836
Polypore International, Inc. (I)(L) 121,180 4,283,713
 
    7,054,549
Machinery - 1.9%    
Colfax Corp. (I)(L) 65,660 2,407,752
IDEX Corp. 54,730 2,286,072
Middleby Corp. (I)(L) 13,070 1,511,415
Sauer-Danfoss, Inc. 38,133 1,533,328
 
    7,738,567
Professional Services - 0.4%    
On Assignment, Inc. (I) 90,070 1,794,194
Road & Rail - 2.4%    
Landstar System, Inc. 107,370 5,076,454
Old Dominion Freight Line, Inc. (I)(L) 148,635 4,482,832
 
    9,559,286
Trading Companies & Distributors - 1.9%    
DXP Enterprises, Inc. (I) 51,404 2,455,569
United Rentals, Inc. (I)(L) 76,360 2,497,736
WESCO International, Inc. (I)(L) 49,193 2,813,840
 
    7,767,145
 
    58,953,937
Information Technology - 22.3%    
Communications Equipment - 2.3%    
Finisar Corp. (I)(L) 150,420 2,151,006
Ixia (I)(L) 297,140 4,775,040
Riverbed Technology, Inc. (I) 107,630 2,504,550
 
    9,430,596
Electronic Equipment, Instruments & Components - 2.1%  
Coherent, Inc. (I)(L) 80,320 3,683,475
Fabrinet (I) 193,041 2,237,345
Jabil Circuit, Inc. (L) 42,980 804,586
Universal Display Corp. (I)(L) 53,800 1,849,644
 
    8,575,050
Internet Software & Services - 5.5%    
Bazaarvoice, Inc. (I) 135,762 2,056,794
CoStar Group, Inc. (I)(L) 24,436 1,992,511
DealerTrack Holdings, Inc. (I)(L) 116,570 3,246,475
IAC/InterActiveCorp 127,470 6,636,088
LivePerson, Inc. (I)(L) 239,469 4,336,784
Web.com Group, Inc. (I)(L) 229,030 4,111,089
 
    22,379,741
IT Services - 3.0%    
Sapient Corp. (I)(L) 366,148 3,903,138
Syntel, Inc. 71,420 4,457,322
Wright Express Corp. (I)(L) 56,740 3,955,913
 
    12,316,373
Semiconductors & Semiconductor Equipment - 2.2%  
Lattice Semiconductor Corp. (I) 636,423 2,437,500
Skyworks Solutions, Inc. (I) 145,094 3,419,140
Ultratech, Inc. (I) 100,240 3,145,531
 
    9,002,171
Software - 7.2%    
BroadSoft, Inc. (I)(L) 111,660 4,580,293
Cadence Design Systems, Inc. (I)(L) 485,370 6,244,285
Concur Technologies, Inc. (I)(L) 58,530 4,315,417

 

280

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Small Cap Growth Trust (continued)    
  Shares or  
  Principal  
  Amount Value
 
COMMON STOCKS (continued)      
Software (continued)      
Imperva, Inc. (I) 84,424 $ 3,122,844
Parametric Technology Corp. (I) 83,651 1,823,592
Pegasystems, Inc. 66,690 1,936,678
Solera Holdings, Inc. 124,050 5,442,074
Splunk, Inc. (I) 43,200 1,586,304
 
      29,051,487
      90,755,418
Materials - 5.2%      
Chemicals - 1.2%      
Methanex Corp. (L) 167,420 4,778,167
Containers & Packaging - 2.3%      
Packaging Corp. of America 108,160 3,926,208
Silgan Holdings, Inc. 127,848 5,562,666
 
      9,488,874
Paper & Forest Products - 1.7%      
KapStone Paper and Packaging Corp. (I) 164,170 3,675,766
Louisiana-Pacific Corp. (I) 241,930 3,024,125
 
      6,699,891
      20,966,932
TOTAL COMMON STOCKS (Cost $359,177,323)   $ 395,980,627
 
INVESTMENT COMPANIES - 0.7%      
Financials - 0.7%      
iShares Russell 2000 Growth Index Fund 31,000 2,963,910
TOTAL INVESTMENT COMPANIES (Cost $2,984,417) $ 2,963,910
 
SECURITIES LENDING COLLATERAL - 27.4%    
John Hancock Collateral      
Investment Trust, 0.3462% (W)(Y) 11,140,752 111,503,332
TOTAL SECURITIES LENDING      
COLLATERAL (Cost $111,496,252)   $ 111,503,332
 
SHORT-TERM INVESTMENTS - 2.8%      
Repurchase Agreement - 2.8%      
Deutsche Bank Tri-Party Repurchase      
Agreement dated 09/28/2012 at 0.250% to      
be repurchased at $11,100,231 on      
10/01/2012, collateralized by $10,242,492      
Government National Mortgage Association,      
3.000%-3.500% due 09/15/2042 (valued at      
$11,295,114 including interest) $ 11,100,000 $ 11,100,000
TOTAL SHORT-TERM INVESTMENTS (Cost $11,100,000) $ 11,100,000
Total Investments (Small Cap Growth Trust)      
(Cost $484,757,992) - 128.3%   $ 521,547,869
Other assets and liabilities, net - (28.3%)     (114,990,253)
TOTAL NET ASSETS - 100.0%   $ 406,557,616

 

Small Cap Index Trust    
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS - 99.3%    
Consumer Discretionary - 13.9%    
Auto Components - 0.8%    
American Axle &    
Manufacturing Holdings, Inc. (I) 17,379 $ 195,861
Cooper Tire & Rubber Company (L) 16,139 309,546
Dana Holding Corp. 38,269 470,709
Dorman Products, Inc. (I)(L) 6,389 201,317
Drew Industries, Inc. (I)(L) 5,003 151,141
Exide Technologies (I) 20,822 64,548
Federal-Mogul Corp. (I) 4,915 44,972
Fuel Systems Solutions, Inc. (I)(L) 3,895 66,955
Gentherm, Inc. (I) 7,833 97,443
Modine Manufacturing Company (I) 12,366 91,261
Spartan Motors, Inc. (L) 9,310 46,550
Standard Motor Products, Inc. 5,239 96,502
Stoneridge, Inc. (I) 7,535 37,449
Superior Industries International, Inc. 6,026 102,984
Tenneco, Inc. (I) 15,742 440,776
 
    2,418,014
Automobiles - 0.0%    
Winnebago Industries, Inc. (I) 7,761 98,021
Commercial Services & Supplies - 0.0%    
Actrade Financial Technologies, Ltd. (I) 340 0
Distributors - 0.2%    
Core-Mark Holding Company, Inc. 3,005 144,571
Pool Corp. 12,294 511,185
VOXX International Corp. (I) 4,950 37,026
Weyco Group, Inc. 1,757 42,783
 
    735,565
Diversified Consumer Services - 1.1%    
American Public Education, Inc. (I) 4,661 169,800
Ascent Capital Group, Inc., Class A (I) 3,757 202,916
Bridgepoint Education, Inc. (I)(L) 4,463 45,299
Capella Education Company (I) 3,493 122,465
Career Education Corp. (I)(L) 13,386 50,465
Carriage Services, Inc. 4,388 42,432
Coinstar, Inc. (I)(L) 8,082 363,528
Collectors Universe, Inc. (L) 1,582 22,195
Corinthian Colleges, Inc. (I)(L) 20,956 49,875
Education Management Corp. (I)(L) 6,903 21,468
Grand Canyon Education, Inc. (I)(L) 10,403 244,783
Hillenbrand, Inc. 14,223 258,716
K12, Inc. (I)(L) 6,922 139,824
Lincoln Educational Services Corp. 6,344 26,645
Mac-Gray Corp. 3,347 44,883
Matthews International Corp., Class A (L) 7,295 217,537
Regis Corp. (L) 14,884 273,568
Sotheby’s (L) 17,500 551,250
Steiner Leisure, Ltd. (I) 3,934 183,128
Stewart Enterprises, Inc., Class A (L) 19,123 160,538
Strayer Education, Inc. (L) 3,067 197,361
Universal Technical Institute, Inc. 5,537 75,857
 
    3,464,533
Hotels, Restaurants & Leisure - 3.2%    
AFC Enterprises, Inc. (I) 6,341 155,989
Ameristar Casinos, Inc. 8,583 152,777
Biglari Holdings, Inc. (I) 312 113,899
BJ’s Restaurants, Inc. (I)(L) 6,318 286,521
Bluegreen Corp. (I) 4,036 25,346
Bob Evans Farms, Inc. 7,504 293,632
Boyd Gaming Corp. (I)(L) 14,327 101,149
Bravo Brio Restaurant Group, Inc. (I) 5,132 74,671
Buffalo Wild Wings, Inc. (I) 4,788 410,523

 

281

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Small Cap Index Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Hotels, Restaurants & Leisure (continued)    
Caesars Entertainment Corp. (I)(L) 9,624 $ 65,443
Caribou Coffee Company, Inc. (I)(L) 5,517 75,748
Carrols Restaurant Group, Inc. (I) 4,318 24,872
CEC Entertainment, Inc. (L) 4,735 142,618
Churchill Downs, Inc. 3,398 213,123
Cracker Barrel Old Country Store, Inc. 4,932 330,987
Denny’s Corp. (I) 25,334 122,870
DineEquity, Inc. (I)(L) 3,947 221,032
Domino’s Pizza, Inc. 14,981 564,784
Einstein Noah Restaurant Group, Inc. 1,745 30,869
Fiesta Restaurant Group, Inc. (I) 4,234 67,194
Frisch’s Restaurants, Inc. 925 18,361
Ignite Restaurant Group, Inc. (I) 1,723 24,019
International Speedway Corp., Class A 7,154 202,959
Interval Leisure Group, Inc. 10,124 191,647
Isle of Capri Casinos, Inc. (I) 5,815 40,414
Jack in the Box, Inc. (I) 11,389 320,145
Jamba, Inc. (I) 18,410 41,054
Krispy Kreme Doughnuts, Inc. (I) 15,354 121,757
Life Time Fitness, Inc. (I)(L) 11,089 507,211
Luby’s, Inc. (I) 5,439 36,604
Marcus Corp. 5,264 58,430
Marriott Vacations Worldwide Corp. (I) 6,859 247,061
Monarch Casino & Resort, Inc. (I) 2,743 23,892
Morgans Hotel Group Company (I) 6,279 40,311
MTR Gaming Group, Inc. (I) 6,294 26,498
Multimedia Games Holding Company, Inc. (I) 7,208 113,382
Nathan’s Famous, Inc. (I) 849 26,701
Orient-Express Hotels, Ltd., Class A (I) 24,873 221,370
Papa John’s International, Inc. (I) 4,640 247,822
Peet’s Coffee & Tea, Inc. (I)(L) 3,445 252,656
Pinnacle Entertainment, Inc. (I) 16,150 197,838
Red Lion Hotels Corp. (I) 3,984 24,900
Red Robin Gourmet Burgers, Inc. (I)(L) 3,781 123,109
Ruby Tuesday, Inc. (I) 16,566 120,104
Ruth’s Hospitality Group, Inc. (I)(L) 9,504 60,540
Ryman Hospitality Properties (I) 7,997 316,121
Scientific Games Corp., Class A (I) 14,848 122,793
SHFL Entertainment, Inc. (I) 14,336 226,652
Six Flags Entertainment Corp. 10,234 601,759
Sonic Corp. (I) 15,764 161,896
Speedway Motorsports, Inc. 3,115 47,971
Texas Roadhouse, Inc. 16,028 274,079
The Cheesecake Factory, Inc. (L) 13,907 497,175
Town Sports International Holdings, Inc. (I) 6,227 77,028
Vail Resorts, Inc. (L) 9,302 536,260
WMS Industries, Inc. (I)(L) 14,206 232,694
 
    9,857,260
Household Durables - 1.1%    
American Greetings Corp., Class A (L) 9,103 152,930
Bassett Furniture Industries, Inc. 3,027 37,686
Beazer Homes USA, Inc. (I)(L) 26,651 94,611
Blyth, Inc. (L) 2,671 69,419
Cavco Industries, Inc. (I)(L) 1,832 84,070
CSS Industries, Inc. 2,587 53,163
Ethan Allen Interiors, Inc. 6,310 138,315
Flexsteel Industries, Inc. 1,259 26,061
Helen of Troy, Ltd. (I) 8,119 258,428
Hooker Furniture Corp. 2,915 37,866
Hovnanian Enterprises, Inc., Class A (I)(L) 26,415 91,396
iRobot Corp. (I) 7,121 162,074
KB Home (L) 20,033 287,474
La-Z-Boy, Inc. (I) 13,505 197,578
Libbey, Inc. (I) 5,428 85,654

 

Small Cap Index Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Household Durables (continued)    
Lifetime Brands, Inc. 2,759 $ 32,860
M/I Homes, Inc. (I) 4,986 96,429
MDC Holdings, Inc. (L) 9,882 380,556
Meritage Homes Corp. (I) 7,352 279,597
NACCO Industries, Inc., Class A 1,419 177,957
Sealy Corp. (I)(L) 14,290 31,152
Skullcandy, Inc. (I)(L) 4,340 59,675
Standard Pacific Corp. (I)(L) 28,234 190,862
The Ryland Group, Inc. (L) 11,567 347,010
Universal Electronics, Inc. (I) 4,141 72,799
Zagg, Inc. (I)(L) 6,673 56,921
 
    3,502,543
Internet & Catalog Retail - 0.4%    
1-800-Flowers.com, Inc., Class A (I) 7,697 28,710
Blue Nile, Inc. (I)(L) 3,574 132,560
Geeknet, Inc. (I) 1,182 22,872
HSN, Inc. 9,809 481,131
Nutrisystem, Inc. 7,368 77,585
Orbitz Worldwide, Inc. (I) 6,428 16,391
Overstock.com, Inc. (I)(L) 3,293 34,115
PetMed Express, Inc. 5,494 55,160
Shutterfly, Inc. (I)(L) 9,286 288,980
Vitacost.com, Inc. (I)(L) 6,141 41,636
 
    1,179,140
Leisure Equipment & Products - 0.5%    
Arctic Cat, Inc. (I) 3,301 136,859
Black Diamond, Inc. (I) 5,746 50,392
Brunswick Corp. (L) 23,133 523,500
Callaway Golf Company (L) 17,089 104,926
JAKKS Pacific, Inc. (L) 6,785 98,857
Johnson Outdoors, Inc., Class A (I) 1,664 35,593
LeapFrog Enterprises, Inc. (I) 13,119 118,333
Smith & Wesson Holding Corp. (I)(L) 16,890 185,959
Steinway Musical Instruments, Inc. (I) 1,869 45,529
Sturm Ruger & Company, Inc. (L) 4,974 246,163
 
    1,546,111
Media - 1.2%    
Arbitron, Inc. 6,838 259,160
Belo Corp., Class A 24,569 192,375
Carmike Cinemas, Inc. (I) 4,762 53,573
Central European Media    
Enterprises, Ltd., Class A (I)(L) 9,886 64,358
Cumulus Media, Inc., Class A (I) 15,238 41,752
Digital Generation, Inc. (I)(L) 7,186 81,633
Entercom    
Communications Corp., Class A (I)(L) 6,756 46,346
Fisher Communications, Inc. 2,400 88,224
Global Sources, Ltd. (I) 5,169 33,909
Harte-Hanks, Inc. 11,616 80,499
Journal Communications, Inc., Class A (I) 11,512 59,862
LIN TV Corp., Class A (I) 8,938 39,327
Lions Gate Entertainment Corp. (I) 21,932 334,902
Live Nation Entertainment, Inc. (I) 36,271 312,293
Martha Stewart Living    
Omnimedia, Inc., Class A 7,306 22,429
MDC Partners, Inc., Class A 6,817 84,122
Meredith Corp. (L) 9,368 327,880
National CineMedia, Inc. 14,639 239,640
Nexstar Broadcasting Group, Inc., Class A (I) 3,469 36,841
Outdoor Channel Holdings, Inc. 4,231 30,802
ReachLocal, Inc. (I) 2,866 35,940
Reading International, Inc., Class A (I) 5,102 30,102
Rentrak Corp. (I) 2,617 44,306

 

282

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Small Cap Index Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Media (continued)    
Saga Communications, Inc., Class A (I) 1,024 $ 41,492
Scholastic Corp. (L) 6,762 214,896
Sinclair Broadcast Group, Inc., Class A 13,409 150,315
The EW Scripps Company, Class A (I) 7,947 84,636
The McClatchy Company, Class A (I)(L) 15,869 35,388
The New York Times Company, Class A (I) 35,439 345,885
Valassis Communications, Inc. (I)(L) 11,091 273,837
World Wrestling    
Entertainment, Inc., Class A (L) 7,433 59,836
 
    3,746,560
Multiline Retail - 0.2%    
Fred’s, Inc., Class A (L) 9,465 134,687
Gordmans Stores, Inc. (I) 2,251 41,531
Saks, Inc. (I)(L) 28,312 291,897
The Bon-Ton Stores, Inc. (L) 3,648 34,656
Tuesday Morning Corp. (I) 11,134 72,928
 
    575,699
Specialty Retail - 3.7%    
Aeropostale, Inc. (I) 20,977 283,819
Americas Car-Mart, Inc. (I) 2,100 95,487
ANN, Inc. (I) 12,599 475,360
Asbury Automotive Group, Inc. (I) 7,212 201,575
Barnes & Noble, Inc. (I)(L) 7,415 94,764
bebe stores, Inc. 9,745 46,776
Big 5 Sporting Goods Corp. 4,486 44,636
Body Central Corp. (I) 4,260 44,517
Brown Shoe Company, Inc. (L) 11,073 177,500
Cabela’s, Inc. (I)(L) 12,070 659,988
Casual Male Retail Group, Inc. (I) 11,929 55,231
Citi Trends, Inc. (I) 3,870 48,588
Collective Brands, Inc. (I) 15,688 340,586
Conn’s, Inc. (I)(L) 4,087 90,118
Destination Maternity Corp. 3,522 65,861
Express, Inc. (I) 23,089 342,179
Francesca’s Holdings Corp. (I) 9,013 276,969
Genesco, Inc. (I) 6,312 421,200
Group 1 Automotive, Inc. (L) 5,911 356,020
Haverty Furniture Companies, Inc. 5,125 71,135
hhgregg, Inc. (I)(L) 4,097 28,269
Hibbett Sports, Inc. (I)(L) 6,824 405,687
Hot Topic, Inc. (L) 11,110 96,657
Jos A. Bank Clothiers, Inc. (I)(L) 7,167 347,456
Kirkland’s, Inc. (I) 3,981 39,531
Lithia Motors, Inc., Class A (L) 5,611 186,902
Lumber Liquidators Holdings, Inc. (I)(L) 7,103 359,980
MarineMax, Inc. (I)(L) 5,444 45,131
Mattress Firm Holding Corp. (I)(L) 2,839 79,918
Monro Muffler Brake, Inc. (L) 8,000 281,520
New York & Company, Inc. (I) 7,774 29,153
Office Depot, Inc. (I) 73,346 187,766
OfficeMax, Inc. (L) 22,538 176,022
Penske Automotive Group, Inc. (L) 10,962 329,847
Pier 1 Imports, Inc. (L) 25,222 472,660
RadioShack Corp. (L) 25,478 60,638
Rent-A-Center, Inc. 15,330 537,776
rue21, Inc. (I) 3,979 123,946
Select Comfort Corp. (I) 14,683 463,249
Shoe Carnival, Inc. 3,711 87,320
Sonic Automotive, Inc., Class A (L) 10,473 198,778
Stage Stores, Inc. (L) 7,945 167,322
Stein Mart, Inc. (I) 7,319 62,285
Systemax, Inc. (I) 2,950 34,840
Teavana Holdings, Inc. (I) 2,347 30,605

 

Small Cap Index Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Specialty Retail (continued)    
The Buckle, Inc. (L) 7,130 $ 323,916
The Cato Corp., Class A 7,054 209,574
The Children’s Place Retail Stores, Inc. (I) 6,250 375,000
The Finish Line, Inc., Class A 13,086 297,576
The Men’s Wearhouse, Inc. (L) 13,129 452,031
The Pep Boys - Manny, Moe & Jack (L) 13,720 139,670
The Wet Seal, Inc., Class A (I)(L) 24,105 75,931
Tilly’s, Inc., Class A (I) 2,464 45,165
Vitamin Shoppe, Inc. (I)(L) 7,608 443,699
West Marine, Inc. (I) 4,099 43,572
Winmark Corp. 651 35,206
Zumiez, Inc. (I)(L) 5,673 157,312
 
    11,624,219
Textiles, Apparel & Luxury Goods - 1.5%    
Cherokee, Inc. 2,270 33,051
Columbia Sportswear Company (L) 3,131 169,074
Crocs, Inc. (I)(L) 23,234 376,623
Culp, Inc. 2,433 28,612
Delta Apparel, Inc. (I) 1,877 25,846
Fifth & Pacific Companies, Inc. (I)(L) 28,174 360,064
G-III Apparel Group, Ltd. (I)(L) 4,334 155,591
Iconix Brand Group, Inc. (I)(L) 18,285 333,518
K-Swiss, Inc., Class A (I) 6,747 23,142
Maidenform Brands, Inc. (I) 5,993 122,737
Movado Group, Inc. 4,590 154,775
Oxford Industries, Inc. 3,624 204,575
Perry Ellis International, Inc. (I) 3,134 69,105
Quiksilver, Inc. (I) 34,206 113,564
RG Barry Corp. 2,517 37,101
Skechers U.S.A., Inc., Class A (I)(L) 9,758 199,063
Steven Madden, Ltd. (I) 10,140 443,321
The Jones Group, Inc. 21,199 272,831
The Warnaco Group, Inc. (I) 10,572 548,687
True Religion Apparel, Inc. 6,694 142,783
Tumi Holdings, Inc. (I)(L) 5,593 131,659
Unifi, Inc. (I) 3,864 49,536
Vera Bradley, Inc. (I)(L) 5,199 123,996
Wolverine World Wide, Inc. (L) 12,516 555,335
 
    4,674,589
 
    43,422,254
Consumer Staples - 3.6%    
Beverages - 0.1%    
Central European Distribution Corp. (I)(L) 17,204 49,031
Coca-Cola Bottling Company Consolidated 1,231 83,831
Craft Brewers Alliance, Inc. (I) 2,953 23,181
National Beverage Corp. (I) 3,049 46,223
The Boston Beer    
Company, Inc., Class A (I)(L) 2,000 223,940
 
    426,206
Food & Staples Retailing - 1.1%    
Arden Group, Inc., Class A 320 31,046
Casey’s General Stores, Inc. 9,806 560,315
Harris Teeter Supermarkets, Inc. 11,234 436,329
Ingles Markets, Inc., Class A 3,504 57,290
Nash Finch Company 3,271 66,794
Pricesmart, Inc. (L) 4,698 355,733
Rite Aid Corp. (I) 171,923 201,150
Roundy’s, Inc. (L) 5,246 31,738
Spartan Stores, Inc. 5,644 86,410
SUPERVALU, Inc. (L) 54,918 132,352
Susser Holdings Corp. (I) 2,944 106,484
The Andersons, Inc. (L) 4,821 181,559

 

283

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Small Cap Index Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Food & Staples Retailing (continued)    
The Chefs’ Warehouse, Inc. (I) 2,903 $ 47,551
The Pantry, Inc. (I) 6,162 89,657
United Natural Foods, Inc. (I) 12,639 738,750
Village Super Market, Inc., Class A 2,231 82,012
Weis Markets, Inc. 2,794 118,270
 
    3,323,440
Food Products - 1.6%    
Alico, Inc. 1,063 33,197
Annie’s, Inc. (I) 1,302 58,382
B&G Foods, Inc. (L) 12,563 380,785
Cal-Maine Foods, Inc. (L) 3,772 169,514
Calavo Growers, Inc. 3,179 79,475
Chiquita Brands International, Inc. (I)(L) 12,226 93,407
Darling International, Inc. (I) 30,453 556,985
Diamond Foods, Inc. (L) 5,788 108,930
Dole Food Company, Inc. (I)(L) 9,502 133,313
Fresh Del Monte Produce, Inc. 9,716 248,730
Inventure Foods, Inc. (I) 3,859 21,958
J&J Snack Foods Corp. 3,851 220,778
John B. Sanfilippo & Son, Inc. (I) 2,200 28,644
Lancaster Colony Corp. (L) 4,736 346,912
Limoneira Company (L) 2,380 43,863
Omega Protein Corp. (I) 5,506 37,771
Pilgrim’s Pride Corp. (I) 15,905 81,275
Post Holdings, Inc. (I) 7,173 215,620
Sanderson Farms, Inc. (L) 5,953 264,135
Seneca Foods Corp., Class A (I) 2,392 71,425
Smart Balance, Inc. (I)(L) 15,595 188,388
Snyders-Lance, Inc. 11,464 286,600
The Hain Celestial Group, Inc. (I) 9,537 600,831
Tootsie Roll Industries, Inc. (L) 6,100 164,578
TreeHouse Foods, Inc. (I)(L) 9,290 487,725
 
    4,923,221
Household Products - 0.2%    
Central Garden & Pet Company, Class A (I) 9,982 120,583
Harbinger Group, Inc. (I) 10,801 91,052
Oil-Dri Corp of America 1,415 32,743
Orchids Paper Products Company 1,664 30,019
Spectrum Brands Holdings, Inc. 5,914 236,619
WD-40 Company 4,135 217,666
 
    728,682
Personal Products - 0.4%    
Elizabeth Arden, Inc. (I) 6,509 307,485
Inter Parfums, Inc. (L) 4,304 78,763
Medifast, Inc. (I) 3,696 96,650
Nature’s Sunshine Products, Inc. 3,204 52,353
Nutraceutical International Corp. (I) 2,655 41,843
Prestige Brands Holdings, Inc. (I) 13,115 222,430
Revlon, Inc., Class A (I) 3,049 47,077
Schiff Nutrition International, Inc. (I) 3,644 88,148
Synutra International, Inc. (I) 5,061 23,382
The Female Health Company 5,577 39,876
USANA Health Sciences, Inc. (I)(L) 1,583 73,562
 
    1,071,569
Tobacco - 0.2%    
Alliance One International, Inc. (I)(L) 23,264 75,143
Star Scientific, Inc. (I) 37,819 130,854
Universal Corp. (L) 5,970 303,992
Vector Group, Ltd. (L) 14,353 238,122
 
    748,111
    11,221,229

 

Small Cap Index Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Energy - 6.1%    
Energy Equipment & Services - 1.9%    
Basic Energy Services, Inc. (I)(L) 8,063 $ 90,467
Bolt Technology Corp. 2,418 34,771
Bristow Group, Inc. (L) 9,273 468,750
C&J Energy Services, Inc. (I)(L) 11,539 229,626
Cal Dive International, Inc. (I) 25,404 38,868
Dawson Geophysical Company (I) 2,152 54,360
Dril-Quip, Inc. (I) 10,396 747,264
Exterran Holdings, Inc. (I) 16,848 341,677
Forum Energy Technologies, Inc. (I) 5,743 139,670
Geokinetics, Inc. (I) 3,020 1,117
Geospace Technologies Corp. (I) 1,653 202,344
Global Geophysical Services, Inc. (I) 5,219 28,757
Gulf Islands Fabrication, Inc. 3,797 105,822
Gulfmark Offshore, Inc., Class A (I) 6,973 230,388
Heckmann Corp. (I)(L) 34,578 145,228
Helix Energy Solutions Group, Inc. (I) 27,331 499,337
Hercules Offshore, Inc. (I) 41,205 201,080
Hornbeck Offshore Services, Inc. (I) 9,161 335,751
ION Geophysical Corp. (I)(L) 34,206 237,390
Key Energy Services, Inc. (I) 39,108 273,756
Lufkin Industries, Inc. (L) 8,710 468,772
Matrix Service Company (I) 6,813 72,013
Mitcham Industries, Inc. (I) 3,355 53,445
Natural Gas Services Group, Inc. (I) 3,444 51,488
Newpark Resources, Inc. (I)(L) 23,573 174,676
Parker Drilling Company (I) 30,579 129,349
PHI, Inc. (I)(L) 3,407 107,184
Pioneer Energy Services Corp. (I) 16,151 125,816
RigNet, Inc. (I) 3,440 63,640
Tesco Corp. (I) 7,974 85,162
TETRA Technologies, Inc. (I) 20,207 122,252
TGC Industries, Inc. (I) 3,962 28,526
Vantage Drilling Company (I)(L) 50,674 93,240
Willbros Group, Inc. (I) 10,079 54,124
 
    6,036,110
Oil, Gas & Consumable Fuels - 4.2%    
Abraxas Petroleum Corp. (I) 22,046 50,706
Adams Resources & Energy, Inc. 583 17,782
Alon USA Energy, Inc. 2,741 37,552
Amyris, Inc. (I)(L) 8,080 27,795
Apco Oil and Gas International, Inc. (L) 2,339 37,635
Approach Resources, Inc. (I) 7,507 226,186
Arch Coal, Inc. 54,826 347,049
ATP Oil & Gas Corp. (I) 12,061 1,640
Berry Petroleum Company, Class A (L) 13,535 549,927
Bill Barrett Corp. (I)(L) 12,400 307,148
Bonanza Creek Energy, Inc. (I) 2,558 60,266
BPZ Resources, Inc. (I) 27,372 78,284
Callon Petroleum Company (I) 10,778 66,285
Carrizo Oil & Gas, Inc. (I)(L) 10,247 256,277
Clayton Williams Energy, Inc. (I)(L) 1,516 78,665
Clean Energy Fuels Corp. (I)(L) 17,158 225,971
Cloud Peak Energy, Inc. (I)(L) 15,743 284,948
Comstock Resources, Inc. (I)(L) 12,446 228,757
Contango Oil & Gas Company (I) 3,288 161,572
Crimson Exploration, Inc. (I) 5,847 24,967
Crosstex Energy, Inc. (L) 10,680 149,840
CVR Energy, Inc. (I) 4,333 159,238
Delek US Holdings, Inc. 4,405 112,283
Emerald Oil, Inc. (I) 13,828 11,477
Endeavour International Corp. (I)(L) 9,875 95,491
Energy XXI Bermuda, Ltd. 20,376 712,141
EPL Oil & Gas, Inc. (I) 7,144 144,952

 

284

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Small Cap Index Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Oil, Gas & Consumable Fuels (continued)    
Evolution Petroleum Corp. (I)(L) 4,549 $ 36,756
Forest Oil Corp. (I) 30,426 257,100
Forestar Petroleum Corp. (I) 1,942 28,140
Frontline, Ltd. (I)(L) 13,153 50,508
FX Energy, Inc. (I)(L) 13,968 104,201
GasLog, Ltd. (I) 6,161 71,344
Gastar Exploration, Ltd. (I) 15,125 25,108
Gevo, Inc. (I)(L) 5,546 11,813
Goodrich Petroleum Corp. (I)(L) 6,783 85,737
Green Plains Renewable Energy, Inc. (I)(L) 6,607 38,717
Gulfport Energy Corp. (I) 14,411 450,488
Halcon Resources Corp. (I)(L) 28,972 212,365
Harvest Natural Resources, Inc. (I)(L) 9,747 86,943
Isramco, Inc. (I) 290 33,640
KiOR, Inc., Class A (I)(L) 6,927 64,421
Knightsbridge Tankers, Ltd. (L) 6,413 42,005
Kodiak Oil & Gas Corp. (I) 68,213 638,474
Magnum Hunter Resources Corp. (I)(L) 38,190 169,564
Matador Resources Company (I) 3,566 37,051
McMoRan Exploration Company (I)(L) 26,257 308,520
Midstates Petroleum Company, Inc. (I)(L) 6,258 54,132
Miller Energy Resources, Inc. (I)(L) 8,056 40,522
Nordic American Tankers, Ltd. (L) 13,691 138,005
Northern Oil and Gas, Inc. (I)(L) 16,435 279,231
Oasis Petroleum, Inc. (I)(L) 20,668 609,086
Overseas Shipholding Group, Inc. (L) 6,478 42,755
Panhandle Oil and Gas, Inc., Class A 1,881 57,690
Patriot Coal Corp. (I) 25,140 2,941
PDC Energy, Inc. (I)(L) 7,740 244,816
Penn Virginia Corp. (I)(L) 11,723 72,683
Petroquest Energy, Inc. (I)(L) 14,947 100,294
Quicksilver Resources, Inc. (I) 30,153 123,326
Rentech, Inc. (I) 59,731 146,938
Resolute Energy Corp. (I)(L) 12,476 110,662
REX American Resources Corp. (I) 1,605 28,906
Rex Energy Corp. (I)(L) 11,197 149,480
Rosetta Resources, Inc. (I) 13,675 655,033
Sanchez Energy Corp. (I) 2,957 60,412
Saratoga Resources, Inc. (I) 4,899 26,847
Scorpio Tankers, Inc. (I) 9,946 59,676
SemGroup Corp., Class A (I) 10,826 398,938
Ship Finance International, Ltd. (L) 11,690 183,767
Solazyme, Inc. (I) 8,547 98,120
Stone Energy Corp. (I)(L) 12,797 321,461
Swift Energy Company (I) 11,065 231,037
Synergy Resources Corp. (I) 10,643 44,381
Targa Resources Corp. (L) 7,547 379,916
Teekay Tankers, Ltd., Class A (L) 16,330 61,074
Triangle Petroleum Corp. (I)(L) 11,649 83,407
Uranerz Energy Corp. (I)(L) 18,130 29,552
Vaalco Energy, Inc. (I)(L) 14,919 127,557
Venoco, Inc. (I) 7,585 90,110
W&T Offshore, Inc. 8,897 167,086
Warren Resources, Inc. (I) 19,646 59,724
Western Refining, Inc. 14,823 388,066
Westmoreland Coal Company (I) 3,035 30,138
ZaZa Energy Corp. (I)(L) 6,586 19,560
 
    12,925,058
    18,961,168
Financials - 21.3%    
Capital Markets - 2.2%    
Apollo Investment Corp. 52,247 411,184
Arlington Asset Investment Corp., Class A (L) 2,196 52,397

 

Small Cap Index Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Capital Markets (continued)    
Artio Global Investors, Inc. (L) 7,973 $ 23,760
BGC Partners, Inc., Class A (L) 25,382 124,372
BlackRock Kelso Capital Corp. 18,861 183,329
Calamos Asset Management, Inc., Class A (L) 5,112 59,504
Capital Southwest Corp. 764 85,530
Cohen & Steers, Inc. 4,762 141,050
Cowen Group, Inc., Class A (I) 22,972 62,024
Diamond Hill Investment Group, Inc. 731 56,053
Duff & Phelps Corp., Class A 8,116 110,459
Epoch Holding Corp. 4,163 96,165
Evercore Partners, Inc., Class A 7,346 198,342
FBR & Company (I) 11,618 35,900
Fidus Investment Corp. (L) 2,594 43,320
Fifth Street Finance Corp. 21,171 232,458
Financial Engines, Inc. (I)(L) 12,017 286,365
FXCM, Inc., Class A (L) 5,502 52,544
GAMCO Investors, Inc., Class A (L) 1,667 82,933
GFI Group, Inc. (L) 18,190 57,844
Gladstone Capital Corp. (L) 5,839 51,091
Gladstone Investment Corp. 6,222 48,656
Golub Capital BDC, Inc. (L) 3,744 59,530
Greenhill & Company, Inc. 7,489 387,556
GSV Capital Corp. (I) 5,089 43,918
Harris & Harris Group, Inc. (I) 8,854 33,557
Hercules Technology Growth Capital, Inc. 12,826 141,214
HFF, Inc., Class A (I) 8,534 127,157
Horizon Technology Finance Corp. 1,875 30,300
ICG Group, Inc. (I) 9,871 100,289
INTL. FCStone, Inc. (I)(L) 3,612 68,845
Investment Technology Group, Inc. (I) 9,909 86,208
JMP Group, Inc. 4,502 24,716
KBW, Inc. (L) 8,997 148,181
KCAP Financial, Inc. (L) 6,007 55,625
Knight Capital Group, Inc., Class A (I) 25,275 67,737
Ladenburg Thalmann    
Financial Services, Inc. (I)(L) 27,478 36,271
Main Street Capital Corp. 6,189 182,637
Manning & Napier, Inc. 3,644 44,420
MCG Capital Corp. (L) 20,301 93,588
Medallion Financial Corp. 5,050 59,641
Medley Capital Corp. 4,656 65,510
MVC Capital, Inc. 6,159 78,835
New Mountain Finance Corp. 2,392 35,449
NGP Capital Resources Company 6,070 45,282
Oppenheimer Holdings, Inc., Class A 2,674 42,650
PennantPark Investment Corp. 14,539 154,259
Piper Jaffray Companies (I) 4,213 107,221
Prospect Capital Corp. 31,172 359,101
Safeguard Scientifics, Inc. (I) 5,439 85,338
Solar Capital, Ltd. 9,296 213,064
Solar Senior Capital, Ltd. 2,624 46,996
Stifel Financial Corp. (I)(L) 13,858 465,629
SWS Group, Inc. (I)(L) 7,666 46,839
TCP Capital Corp. 1,519 24,243
THL Credit, Inc. (L) 3,206 44,980
TICC Capital Corp. 9,960 103,584
Triangle Capital Corp. 7,011 179,902
Virtus Investment Partners, Inc. (I) 1,568 134,848
Walter Investment Management Corp. (I) 7,444 275,502
Westwood Holdings Group, Inc. 1,787 69,711
WisdomTree Investments, Inc. (I) 15,340 102,778
 
    6,968,391
Commercial Banks - 6.5%    
1st Source Corp. 3,843 85,584

 

285

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Small Cap Index Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Commercial Banks (continued)    
1st United Bancorp, Inc. (I) 8,478 $ 54,683
Access National Corp. 2,265 30,940
Alliance Financial Corp. (L) 1,488 59,832
American National Bankshares, Inc. 2,280 51,505
Ameris Bancorp (I)(L) 6,410 80,702
Ames National Corp. (L) 2,332 48,599
Arrow Financial Corp. (L) 2,879 71,987
Bancfirst Corp. 1,681 72,216
Banco Latinoamericano de    
Comercio Exterior SA 7,336 162,052
BancorpSouth, Inc. 24,448 360,364
Bank of Marin Bancorp, Class A 1,584 67,336
Bank of the Ozarks, Inc. (L) 7,635 263,178
Banner Corp. 4,797 129,999
BBCN Bancorp, Inc. (I) 20,294 255,907
Boston Private Financial Holdings, Inc. (L) 20,344 195,099
Bridge Bancorp, Inc. 2,511 58,531
Bridge Capital Holdings (I) 2,735 42,283
Bryn Mawr Bank Corp. 3,188 71,539
BSB Bancorp, Inc. (I) 2,396 30,908
C&F Financial Corp. 947 37,264
Camden National Corp. 2,124 78,673
Capital City Bank Group, Inc. (I)(L) 3,497 37,208
Cardinal Financial Corp. 7,858 112,369
Cathay General Bancorp 20,426 352,553
Centerstate Banks, Inc. 8,251 73,599
Central Pacific Financial Corp. (I) 5,613 80,266
Chemical Financial Corp. 7,163 173,345
Citizens & Northern Corp. 3,384 66,360
Citizens Republic Bancorp, Inc. (I) 10,420 201,627
City Holding Company (L) 3,851 138,020
CNB Financial Corp. 3,646 63,841
CoBiz Financial, Inc. (L) 9,717 68,019
Columbia Banking System, Inc. (L) 10,288 190,740
Community Bank Systems, Inc. (L) 10,248 288,891
Community Trust Bancorp, Inc. 3,672 130,485
CVB Financial Corp. 22,886 273,259
Eagle Bancorp, Inc. (I) 4,563 76,293
Enterprise Financial Services Corp. 4,872 66,259
Fidelity Southern Corp. 2,880 27,245
Financial Institutions, Inc. 3,772 70,310
First Bancorp North Carolina 4,353 50,190
First BanCorp Puerto Rico (I) 18,248 80,656
First Bancorp, Inc. Maine 2,683 47,087
First Busey Corp. (L) 19,837 96,805
First California Financial Group, Inc. (I) 6,167 42,922
First Commonwealth Financial Corp. (L) 27,235 192,007
First Community Bancshares, Inc. 4,367 66,640
First Connecticut Bancorp, Inc. 4,904 66,253
First Financial Bancorp 15,287 258,503
First Financial Bankshares, Inc. (L) 8,208 295,734
First Financial Corp. 2,965 92,923
First Interstate Bancsystem, Inc. 4,428 66,243
First Merchants Corp. 7,626 114,466
First Midwest Bancorp, Inc. 19,363 243,006
FirstMerit Corp. 28,326 417,242
FNB Corp. (L) 36,089 404,558
FNB United Corp. (I) 2,696 32,028
German American Bancorp, Inc. 3,549 85,602
Glacier Bancorp, Inc. (L) 18,739 291,954
Great Southern Bancorp, Inc. 2,780 85,930
Hancock Holding Company 19,744 611,077
Hanmi Financial Corp. (I) 8,379 107,335
Heartland Financial USA, Inc. 3,915 106,762
Heritage Commerce Corp. (I) 6,006 41,682

 

Small Cap Index Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Commercial Banks (continued)    
Heritage Financial Corp. 4,339 $ 65,215
Heritage Oaks Bancorp (I) 5,916 34,076
Home BancShares, Inc. (L) 5,695 194,143
Horizon Bancorp 1,162 33,210
Hudson Valley Holding Corp. 4,156 70,860
Iberiabank Corp. (L) 7,654 350,553
Independent Bank Corp. (L) 5,636 169,587
International Bancshares Corp. 13,850 263,843
Investors Bancorp, Inc. 11,434 208,556
Lakeland Bancorp, Inc. 7,303 75,586
Lakeland Financial Corp. 4,363 120,419
MainSource Financial Group, Inc. 5,559 71,378
MB Financial, Inc. 14,225 280,944
Mercantile Bank Corp. (I) 2,474 42,404
Merchants Bancshares, Inc. 1,597 47,191
Metro Bancorp, Inc. (I) 3,984 50,477
MetroCorp Bancshares, Inc. (I) 4,339 45,950
Middleburg Financial Corp. 1,708 30,334
National Bankshares, Inc. (L) 2,065 68,558
National Penn Bancshares, Inc. 32,006 291,575
NBT Bancorp, Inc. (L) 8,591 189,603
Northrim BanCorp, Inc. 1,987 40,018
Old National Bancorp (L) 24,547 334,085
OmniAmerican Bancorp, Inc. (I) 3,228 73,372
Oriental Financial Group, Inc. (L) 10,579 111,291
Pacific Capital Bancorp (I) 1,105 50,720
Pacific Continental Corp. 5,245 46,838
Pacific Mercantile Bancorp (I) 3,136 20,509
PacWest Bancorp 7,844 183,314
Park National Corp. 2,959 207,189
Park Sterling Corp. (I) 9,428 46,574
Penns Woods Bancorp, Inc. 1,233 54,659
Peoples Bancorp, Inc. 3,010 68,899
Pinnacle Financial Partners, Inc. (I)(L) 9,018 174,228
Preferred Bank (I) 3,328 47,191
PrivateBancorp, Inc. 15,713 251,251
Prosperity Bancshares, Inc. 12,264 522,692
Renasant Corp. (L) 6,669 130,746
Republic Bancorp, Inc., Class A (L) 2,727 59,858
S&T Bancorp, Inc. (L) 7,530 132,603
Sandy Spring Bancorp, Inc. 6,441 123,989
SCBT Financial Corp. 3,956 159,348
Seacoast Banking Corp. of Florida (I)(L) 21,168 33,657
Sierra Bancorp 3,538 43,376
Simmons First National Corp., Class A 4,559 111,034
Southside Bancshares, Inc. 4,667 101,787
Southwest Bancorp, Inc. (I) 5,380 58,373
State Bank Financial Corp. 8,325 137,279
StellarOne Corp. 6,215 81,789
Sterling Bancorp 8,333 82,663
Sterling Financial Corp. 7,010 156,113
Suffolk Bancorp (I) 2,836 41,576
Sun Bancorp, Inc. (I) 11,330 38,182
Susquehanna Bancshares, Inc. (L) 48,639 508,764
SY Bancorp, Inc. (L) 3,337 78,953
Taylor Capital Group, Inc. (I) 4,363 74,695
Texas Capital Bancshares, Inc. (I)(L) 9,859 490,091
The Bancorp, Inc. (I) 7,893 81,061
The First of Long Island Corp. 2,245 69,168
Tompkins Financial Corp. 2,438 98,788
TowneBank (L) 6,994 107,218
Trico Bancshares 4,378 72,368
Trustmark Corp. (L) 16,756 407,841
UMB Financial Corp. (L) 8,361 407,013
Umpqua Holdings Corp. 28,994 373,733

 

286

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Small Cap Index Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Commercial Banks (continued)    
Union First Market Bankshares Corp. 5,438 $ 84,615
United Bankshares, Inc. (L) 13,040 324,826
United Community Banks, Inc. (I) 10,919 91,610
Univest Corp. of Pennsylvania 4,600 82,800
Virginia Commerce Bancorp, Inc. (I) 7,284 63,735
Washington Banking Company 4,187 59,330
Washington Trust Bancorp, Inc. 3,876 101,823
Webster Financial Corp. 18,676 442,621
WesBanco, Inc. (L) 6,100 126,331
West Bancorp, Inc. 4,634 55,840
West Coast Bancorp 5,109 115,055
Westamerica Bancorp. 7,214 339,419
Western Alliance Bancorp (I) 18,176 185,395
Wilshire Bancorp, Inc. (I) 16,392 103,270
Wintrust Financial Corp. (L) 9,430 354,285
 
    20,427,788
Consumer Finance - 0.6%    
Cash America International, Inc. (L) 7,621 293,942
Credit Acceptance Corp. (I) 2,045 174,868
DFC Global Corp. (I)(L) 11,498 197,191
Ezcorp, Inc., Class A (I) 12,465 285,822
First Cash Financial Services, Inc. (I) 7,450 342,775
Green Dot Corp., Class A (I) 6,252 76,462
Nelnet, Inc., Class A 6,289 149,301
Netspend Holdings, Inc. (I) 8,222 80,822
Nicholas Financial, Inc. 2,917 37,658
World Acceptance Corp. (I) 2,875 193,919
 
    1,832,760
Diversified Financial Services - 0.3%    
Gain Capital Holdings, Inc. 4,349 21,441
MarketAxess Holdings, Inc. 9,467 299,157
Marlin Business Services Corp. 2,293 48,635
NewStar Financial, Inc. (I) 6,950 83,331
PHH Corp. (I)(L) 14,690 298,942
PICO Holdings, Inc. (I) 5,947 135,711
Resource America, Inc., Class A 3,620 24,761
 
    911,978
Insurance - 2.5%    
Alterra Capital Holdings, Ltd. (L) 22,068 528,308
American Equity Investment Life    
Holding Company (L) 15,622 181,684
American Safety Insurance Holdings, Ltd. (I) 2,557 47,790
AMERISAFE, Inc. (I) 4,746 128,806
Amtrust Financial Services, Inc. (L) 7,005 179,468
Argo Group International Holdings, Ltd. 6,659 215,685
Baldwin & Lyons, Inc., Class B 2,545 60,851
Citizens, Inc. (I)(L) 10,532 110,481
CNO Financial Group, Inc. 54,931 530,084
Crawford & Company, Class B 7,533 37,740
Donegal Group, Inc., Class A 2,266 31,815
Eastern Insurance Holdings, Inc. 2,150 36,056
eHealth, Inc. (I) 5,160 96,853
EMC Insurance Group, Inc. 1,416 29,736
Employers Holdings, Inc. 8,178 149,903
Enstar Group, Ltd. (I) 2,163 215,543
FBL Financial Group, Inc., Class A 2,699 89,607
First American Financial Corp. 27,467 595,210
Flagstone Reinsurance Holdings SA (L) 13,966 119,968
Global Indemnity PLC (I) 3,037 66,450
Greenlight Capital Re, Ltd., Class A (I) 7,297 180,601
Hallmark Financial Services, Inc. (I) 4,151 33,789
Hilltop Holdings, Inc. (I) 10,242 130,176
Homeowners Choice, Inc. (L) 2,071 48,669

 

Small Cap Index Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Insurance (continued)    
Horace Mann Educators Corp. 10,209 $ 184,885
Infinity Property & Casualty Corp. 3,056 184,552
Kansas City Life Insurance Company 1,212 46,698
Maiden Holdings, Ltd. 13,031 115,846
Meadowbrook Insurance Group, Inc. 13,179 101,347
Montpelier Re Holdings, Ltd. 12,837 284,083
National Financial Partners Corp. (I)(L) 10,431 176,284
National Interstate Corp. 1,678 43,292
National Western Life Insurance    
Company, Class A 593 84,947
OneBeacon Insurance Group, Ltd., Class A 6,024 80,963
Platinum Underwriters Holdings, Ltd. (L) 8,837 361,168
Presidential Life Corp. 6,067 84,513
Primerica, Inc. 12,181 348,864
RLI Corp. (L) 5,485 365,630
Safety Insurance Group, Inc. 3,246 148,926
SeaBright Holdings, Inc. 5,672 62,392
Selective Insurance Group, Inc. 14,288 271,329
State Auto Financial Corp. 3,964 64,970
Stewart Information Services Corp. (L) 4,879 98,263
Symetra Financial Corp. 20,015 246,185
The Navigators Group, Inc. (I) 2,581 127,050
The Phoenix Companies, Inc. (I)(L) 1,522 46,690
Tower Group, Inc. 9,082 176,100
United Fire Group, Inc. 5,248 131,830
 
    7,682,080
Real Estate Investment Trusts - 7.4%    
Acadia Realty Trust 11,417 283,370
AG Mortgage Investment Trust, Inc. 4,125 99,536
Agree Realty Corp. 3,186 81,211
Alexander’s, Inc. 545 232,982
American Assets Trust, Inc. 8,641 231,492
American Capital Mortgage Investment Corp. 9,210 231,447
American Realty Capital Trust, Inc. 41,063 481,669
Anworth Mortgage Asset Corp. 34,977 237,844
Apollo Commercial Real Estate Finance, Inc. 4,635 80,371
Apollo Residential Mortgage, Inc. 6,312 139,116
Ares Commercial Real Estate Corp. (L) 2,134 36,406
ARMOUR Residential REIT, Inc. 45,963 352,077
Ashford Hospitality Trust, Inc. 13,853 116,365
Associated Estates Realty Corp. 10,979 166,442
Campus Crest Communities, Inc. 8,202 88,582
CapLease, Inc. 18,366 94,952
Capstead Mortgage Corp. 23,977 323,450
Cedar Realty Trust, Inc. 16,009 84,528
Chatham Lodging Trust 3,973 55,145
Chesapeake Lodging Trust 8,367 166,252
Colonial Properties Trust 22,706 477,961
Colony Financial, Inc. 8,422 164,061
Coresite Realty Corp. 5,332 143,644
Cousins Properties, Inc. 23,666 187,908
CreXus Investment Corp. 16,614 179,597
CubeSmart 31,907 410,643
CYS Investments, Inc. 29,516 415,880
DCT Industrial Trust, Inc. (L) 63,685 412,042
DiamondRock Hospitality Company (L) 43,407 418,009
DuPont Fabros Technology, Inc. (L) 15,854 400,314
Dynex Capital, Inc. 14,218 152,844
EastGroup Properties, Inc. 7,354 391,233
Education Realty Trust, Inc. 24,593 268,064
Entertainment Properties Trust (L) 12,067 536,137
Equity One, Inc. 14,030 295,472
Excel Trust, Inc. 8,928 101,958
FelCor Lodging Trust, Inc. (I) 32,429 153,713

 

287

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Small Cap Index Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Real Estate Investment Trusts (continued)    
First Industrial Realty Trust, Inc. (I) 23,024 $ 302,535
First Potomac Realty Trust 13,172 169,655
Franklin Street Properties Corp. (L) 18,756 207,629
Getty Realty Corp. (L) 6,784 121,773
Gladstone Commercial Corp. (L) 3,281 59,911
Glimcher Realty Trust 36,143 382,032
Government Properties Income Trust 9,533 223,072
Gramercy Capital Corp. (I) 13,164 39,624
Gyrodyne Company of America, Inc. (I) 358 38,890
Healthcare Realty Trust, Inc. 20,105 463,420
Hersha Hospitality Trust 44,607 218,574
Highwoods Properties, Inc. (L) 18,983 619,225
Hudson Pacific Properties, Inc. 9,209 170,367
Inland Real Estate Corp. (L) 19,613 161,807
Invesco Mortgage Capital, Inc. 29,690 597,660
Investors Real Estate Trust (L) 22,231 183,850
iStar Financial, Inc. (I)(L) 21,897 181,307
Kite Realty Group Trust 15,035 76,679
LaSalle Hotel Properties 22,136 590,810
Lexington Realty Trust 30,898 298,475
LTC Properties, Inc. 7,893 251,392
Medical Properties Trust, Inc. 34,982 365,562
Mission West Properties, Inc. 5,184 45,101
Monmouth Real Estate    
Investment Corp., Class A 10,710 119,845
National Health Investments, Inc. 6,281 323,095
New York Mortgage Trust, Inc. 5,142 36,251
NorthStar Realty Finance Corp. 34,233 217,722
Omega Healthcare Investors, Inc. 27,298 620,484
One Liberty Properties, Inc. (L) 3,182 59,344
Parkway Properties, Inc. 4,340 58,026
Pebblebrook Hotel Trust 13,574 317,496
Pennsylvania Real Estate Investment Trust 14,479 229,637
PennyMac Mortgage Investment Trust 10,278 240,197
Potlatch Corp. 10,409 388,984
PS Business Parks, Inc. 4,755 317,729
RAIT Financial Trust (L) 13,300 69,825
Ramco-Gershenson Properties Trust 11,885 148,919
Redwood Trust, Inc. 20,530 296,864
Resource Capital Corp. 21,984 129,266
Retail Opportunity Investments Corp. (L) 13,031 167,709
RLJ Lodging Trust 27,621 522,313
Rouse Properties, Inc. (L) 5,760 82,656
Sabra Health Care REIT, Inc. 9,631 192,716
Saul Centers, Inc. 1,980 87,912
Select Income REIT 2,279 56,109
Sovran Self Storage, Inc. 7,500 433,875
STAG Industrial, Inc. 6,361 103,430
Starwood Property Trust, Inc. 29,814 693,772
Strategic Hotels & Resorts, Inc. (I) 47,021 282,596
Summit Hotel Properties, Inc. 7,956 67,944
Sun Communities, Inc. 6,936 306,016
Sunstone Hotel Investors, Inc. (I) 30,835 339,185
Terreno Realty Corp. 3,747 59,203
Two Harbors Investment Corp. 55,131 647,789
UMH Properties, Inc. 3,957 47,365
Universal Health Realty Income Trust 3,049 140,193
Urstadt Biddle Properties, Inc., Class A 5,911 119,580
Washington Real Estate Investment Trust (L) 17,055 457,415
Western Asset Mortgage Capital Corp. 2,251 49,972
Whitestone REIT 3,055 40,326
Winthrop Realty Trust 7,668 82,661
 
    23,016,488

 

Small Cap Index Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Real Estate Management & Development - 0.2%    
AV Homes, Inc. (I) 2,727 $ 40,469
Consolidated-Tomoka Land Company (L) 1,269 41,737
Forestar Group, Inc. (I)(L) 9,063 150,990
Kennedy-Wilson Holdings, Inc. (L) 9,165 128,035
Tejon Ranch Company (I) 3,439 103,308
Thomas Properties Group, Inc. 8,836 51,426
Zillow, Inc., Class A (I)(L) 815 34,377
 
    550,342
Thrifts & Mortgage Finance - 1.6%    
Astoria Financial Corp. (L) 22,353 220,848
Bank Mutual Corp. 12,735 57,944
BankFinancial Corp. 6,125 53,839
Beneficial Mutual Bancorp, Inc. (I) 8,862 84,721
Berkshire Hill Bancorp, Inc. (L) 5,813 133,001
BofI Holding, Inc. (I) 2,769 72,132
Brookline Bancorp, Inc. 18,316 161,547
Cape Bancorp, Inc. (I) 3,370 31,543
Clifton Savings Bancorp, Inc. 2,615 28,765
Dime Community Bancshares, Inc. 8,485 122,523
Doral Financial Corp. (I) 33,663 31,667
ESB Financial Corp. 3,008 41,992
ESSA Bancorp, Inc. 2,744 28,510
EverBank Financial Corp. 5,672 78,103
Federal Agricultural Mortgage Corp., Class C 2,682 69,035
First Defiance Financial Corp. 2,767 47,758
First Financial Holdings, Inc. 4,476 58,143
First Pactrust Bancorp, Inc. 3,006 37,605
Flushing Financial Corp. 8,404 132,783
Fox Chase Bancorp, Inc. 3,741 58,434
Franklin Financial Corp. (I) 3,988 68,035
Heritage Financial Group, Inc. 2,568 33,744
Home Bancorp, Inc. (I) 2,232 40,154
Home Federal Bancorp, Inc. 4,346 49,197
Home Loan Servicing Solutions, Ltd. 3,776 61,436
HomeStreet, Inc. (I) 1,150 43,769
Kaiser Federal Financial Group, Inc. 2,760 41,648
Kearny Financial Corp. 4,286 41,746
MGIC Investment Corp. (I) 48,881 74,788
Nationstar Mortgage Holdings, Inc. (I) 5,010 166,232
Northfield Bancorp, Inc. (L) 4,080 65,362
Northwest Bancshares, Inc. 25,047 306,325
OceanFirst Financial Corp. 3,929 57,638
Ocwen Financial Corp. (I) 27,887 764,383
Oritani Financial Corp. 11,960 179,998
Peoples Federal Bancshares, Inc. 1,940 33,523
Provident Financial Holdings, Inc. 2,904 41,266
Provident Financial Services, Inc. 15,624 246,703
Provident New York Bancorp 9,078 85,424
Radian Group, Inc. (L) 34,914 151,527
Rockville Financial, Inc. 7,749 94,925
SI Financial Group, Inc. 3,181 37,281
Territorial Bancorp, Inc. 3,064 70,319
TrustCo Bank Corp. 24,620 140,826
United Financial Bancorp, Inc. 4,206 60,861
ViewPoint Financial Group 8,698 166,741
Walker & Dunlop, Inc. (I) 3,213 49,384
Westfield Financial, Inc. (L) 7,452 55,815
WSFS Financial Corp. 2,091 86,316
 
    4,866,259
 
    66,256,086
Health Care - 13.3%    
Biotechnology - 3.9%    
Achillion Pharmaceuticals, Inc. (I) 13,895 144,647

 

288

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Small Cap Index Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Biotechnology (continued)    
Acorda Therapeutics, Inc. (I) 10,416 $ 266,754
Aegerion Pharmaceuticals, Inc. (I) 5,706 84,563
Affymax, Inc. (I) 9,378 197,501
Agenus, Inc. (I) 6,201 28,587
Alkermes PLC (I) 31,620 656,115
Allos Therapeutics, Inc. (I) 21,982 0
Alnylam Pharmaceuticals, Inc. (I)(L) 12,050 226,420
AMAG Pharmaceuticals, Inc. (I) 5,600 99,344
Amicus Therapeutics, Inc. (I) 8,192 42,598
Arena Pharmaceuticals, Inc. (I)(L) 51,132 425,418
Arqule, Inc. (I) 15,416 78,776
Array BioPharma, Inc. (I) 23,668 138,694
Astex Pharmaceuticals (I) 24,722 75,897
AVEO Pharmaceuticals, Inc. (I)(L) 10,154 105,703
BioCryst Pharmaceuticals, Inc. (I)(L) 13,118 55,620
Biospecifics Technologies Corp. (I) 1,427 27,712
Biotime, Inc. (I)(L) 8,280 34,776
Celldex Therapeutics, Inc. (I)(L) 15,457 97,379
Cepheid, Inc. (I)(L) 16,992 586,394
Clovis Oncology, Inc. (I)(L) 3,582 73,252
Codexis, Inc. (I) 7,041 21,334
Cubist Pharmaceuticals, Inc. (I) 16,368 780,426
Curis, Inc. (I)(L) 20,755 85,926
Cytori Therapeutics, Inc. (I)(L) 14,667 64,681
Dendreon Corp. (I)(L) 39,918 192,804
Discovery Laboratories, Inc. (I) 11,702 38,383
Dusa Pharmaceuticals, Inc. (I) 6,367 43,232
Dyax Corp. (I) 27,086 70,424
Dynavax Technologies Corp. (I) 45,257 215,423
Emergent Biosolutions, Inc. (I) 6,662 94,667
Enzon Pharmaceuticals, Inc. (I) 11,112 77,340
Exact Sciences Corp. (I) 14,925 164,324
Exelixis, Inc. (I)(L) 38,532 185,724
Genomic Health, Inc. (I)(L) 4,188 145,282
Geron Corp. (I)(L) 34,955 59,424
GTx, Inc. (I) 7,203 32,990
Halozyme Therapeutics, Inc. (I)(L) 23,344 176,481
Idenix Pharmaceuticals, Inc. (I) 19,444 88,859
ImmunoCellular Therapeutics, Ltd. (I) 10,702 30,073
Immunogen, Inc. (I) 20,099 293,445
Immunomedics, Inc. (I) 17,807 62,503
Infinity Pharmaceuticals, Inc. (I) 5,136 120,953
InterMune, Inc. (I) 16,981 152,320
Ironwood Pharmaceuticals, Inc. (I)(L) 19,524 249,517
Isis Pharmaceuticals, Inc. (I)(L) 26,045 366,453
Keryx Biopharmaceuticals Inc. (I)(L) 18,618 52,503
Lexicon Pharmaceuticals, Inc. (I)(L) 51,846 120,283
Ligand Pharmaceuticals, Inc., Class B (I) 4,628 79,370
MannKind Corp. (I)(L) 29,794 85,807
Maxygen, Inc. 7,846 20,713
Merrimack Pharmaceuticals, Inc. (I)(L) 4,043 37,923
Momenta Pharmaceuticals, Inc. (I) 12,158 177,142
Neurocrine Biosciences, Inc. (I)(L) 17,243 137,599
NewLink Genetics Corp. (I)(L) 3,382 54,890
Novavax, Inc. (I)(L) 31,193 67,377
NPS Pharmaceuticals, Inc. (I) 22,440 207,570
OncoGenex Pharmaceuticals, Inc. (I) 3,959 56,099
Oncothyreon, Inc. (I)(L) 15,023 77,218
Opko Health, Inc. (I)(L) 27,808 116,237
Orexigen Therapeutics, Inc. (I) 16,054 91,668
Osiris Therapeutics, Inc. (I)(L) 4,421 48,852
PDL BioPharma, Inc. (L) 36,272 278,932
Pharmacyclics, Inc. (I) 14,121 910,805
Progenics Pharmaceuticals, Inc. (I)(L) 7,948 22,811
Raptor Pharmaceutical Corp. (I)(L) 12,936 71,924

 

Small Cap Index Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Biotechnology (continued)    
Repligen Corp. (I) 8,375 $ 49,915
Rigel Pharmaceuticals, Inc. (I) 18,723 191,911
Sangamo Biosciences, Inc. (I) 13,980 84,998
Seattle Genetics, Inc. (I)(L) 24,632 663,832
SIGA Technologies, Inc. (I)(L) 9,869 31,581
Spectrum Pharmaceuticals, Inc. (I)(L) 15,418 180,391
Synageva BioPharma Corp. (I) 2,398 128,125
Synergy Pharmaceuticals, Inc. (I) 10,864 51,930
Synta Pharmaceuticals Corp. (I)(L) 9,874 75,240
Targacept, Inc. (I)(L) 7,609 37,208
Theravance, Inc. (I)(L) 15,748 408,031
Threshold Pharmaceuticals, Inc. (I) 11,783 85,309
Trius Therapeutics, Inc. (I) 6,846 39,912
Vanda Pharmaceuticals, Inc. (I) 7,979 32,155
Vical, Inc. (I)(L) 20,073 86,715
XOMA Corp. (I) 18,092 66,759
ZIOPHARM Oncology, Inc. (I)(L) 17,686 96,389
 
    12,285,262
Health Care Equipment & Supplies - 3.4%    
Abaxis, Inc. (I)(L) 5,617 201,763
ABIOMED, Inc. (I)(L) 8,695 182,508
Accuray, Inc. (I) 18,527 131,171
Align Technology, Inc. (I) 18,599 687,605
Alphatec Holdings, Inc. (I)(L) 15,715 25,930
Analogic Corp. 3,152 246,392
AngioDynamics, Inc. (I) 6,413 78,239
Anika Therapeutics, Inc. (I) 3,148 47,283
Antares Pharma, Inc. (I)(L) 23,986 104,579
ArthroCare Corp. (I) 7,178 232,567
AtriCure, Inc. (I) 4,011 29,842
Atrion Corp. 414 91,701
Biolase, Inc. (I)(L) 7,825 13,380
Cantel Medical Corp. 5,489 148,642
Cardiovascular Systems, Inc. (I) 4,536 52,436
Cerus Corp. (I)(L) 14,718 50,041
Conceptus, Inc. (I)(L) 8,151 165,547
CONMED Corp. 7,316 208,506
CryoLife, Inc. 7,299 49,049
Cyberonics, Inc. (I)(L) 7,147 374,646
Cynosure, Inc., Class A (I) 2,664 70,276
Derma Sciences, Inc. (I) 2,874 29,832
DexCom, Inc. (I)(L) 17,842 268,165
Endologix, Inc. (I)(L) 14,382 198,759
EnteroMedics, Inc. (I) 7,137 26,050
Exactech, Inc. (I) 2,433 43,380
Greatbatch, Inc. (I) 6,059 147,415
Haemonetics Corp. (I) 6,508 521,942
Hansen Medical, Inc. (I)(L) 14,950 29,153
HeartWare International, Inc. (I) 3,675 347,251
ICU Medical, Inc. (I)(L) 3,207 193,959
Insulet Corp. (I)(L) 12,445 268,563
Integra LifeSciences Holdings Corp. (I) 5,078 208,706
Invacare Corp. 8,253 116,697
IRIS International, Inc. (I) 4,286 83,663
MAKO Surgical Corp. (I)(L) 9,373 163,184
Masimo Corp. (I)(L) 12,909 312,140
Meridian Bioscience, Inc. (L) 10,697 205,168
Merit Medical Systems, Inc. (I) 10,918 163,006
Natus Medical, Inc. (I) 7,687 100,469
Navidea Biopharmaceuticals, Inc. (I)(L) 25,522 70,186
Neogen Corp. (I)(L) 6,190 264,313
NuVasive, Inc. (I) 11,190 256,363
NxStage Medical, Inc. (I) 12,805 169,154
OraSure Technologies, Inc. (I)(L) 12,539 139,434

 

289

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Small Cap Index Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Health Care Equipment & Supplies (continued)    
Orthofix International NV (I) 4,836 $ 216,411
Palomar Medical Technologies, Inc. (I) 5,224 49,315
PhotoMedex, Inc. (I)(L) 3,508 49,322
Quidel Corp. (I)(L) 7,281 137,829
Rochester Medical Corp. (I) 2,950 34,840
Rockwell Medical Technologies, Inc. (I) 5,729 46,806
RTI Biologics, Inc. (I) 15,050 62,759
Solta Medical, Inc. (I) 16,639 52,246
Spectranetics Corp. (I) 9,014 132,957
Staar Surgical Company (I) 9,623 72,750
STERIS Corp. 14,861 527,120
SurModics, Inc. (I) 4,103 82,963
Symmetry Medical, Inc. (I) 9,584 94,786
Tornier BV (I) 3,919 74,265
Unilife Corp. (I)(L) 19,499 60,837
Utah Medical Products, Inc. 1,003 34,092
Vascular Solutions, Inc. (I) 4,475 66,275
Volcano Corp. (I) 13,791 394,009
West Pharmaceutical Services, Inc. 8,732 463,407
Wright Medical Group, Inc. (I)(L) 10,156 224,549
Young Innovations, Inc. 1,503 58,767
Zeltiq Aesthetics, Inc. (I) 4,642 26,181
 
    10,481,541
Health Care Providers & Services - 2.9%    
Acadia Healthcare Company, Inc. (I) 5,947 141,836
Accretive Health, Inc. (I) 14,603 162,969
Air Methods Corp. (I)(L) 3,334 397,980
Almost Family, Inc. (I)(L) 2,115 45,007
Amedisys, Inc. (I)(L) 7,806 107,801
AMN Healthcare Services, Inc. (I) 10,774 108,386
Amsurg Corp. (I) 8,118 230,389
Assisted Living Concepts, Inc., Class A (L) 5,001 38,158
Bio-Reference Labs, Inc. (I) 6,386 182,512
BioScrip, Inc. (I) 11,480 104,583
Capital Senior Living Corp. (I) 7,407 107,179
Centene Corp. (I) 13,287 497,067
Chemed Corp. (L) 4,930 341,600
Chindex International, Inc. (I) 3,296 34,048
Corvel Corp. (I) 1,639 73,345
Cross Country Healthcare, Inc. (I) 7,220 34,078
Emeritus Corp. (I) 8,034 168,232
ExamWorks Group, Inc. (I) 7,599 113,377
Five Star Quality Care, Inc. (I) 11,424 58,377
Gentiva Health Services, Inc. (I)(L) 8,199 92,813
Hanger, Inc. (I) 8,788 250,722
HealthSouth Corp. (I)(L) 24,662 593,368
Healthways, Inc. (I) 8,718 102,088
HMS Holdings Corp. (I)(L) 22,258 744,085
IPC The Hospitalist Company, Inc. (I) 4,277 195,459
Kindred Healthcare, Inc. (I)(L) 13,671 155,576
Landauer, Inc. 2,411 143,985
LHC Group, Inc. (I) 4,206 77,685
Magellan Health Services, Inc. (I) 7,011 361,838
Metropolitan Health Networks, Inc. (I) 11,541 107,793
Molina Healthcare, Inc. (I) 7,716 194,057
MWI Veterinary Supply, Inc. (I)(L) 3,331 355,351
National Healthcare Corp. 2,678 127,848
National Research Corp. 695 34,938
Owens & Minor, Inc. (L) 16,336 488,120
PDI, Inc. (I) 2,913 23,217
PharMerica Corp. (I) 7,695 97,419
PSS World Medical, Inc. (I)(L) 13,077 297,894
Select Medical Holdings Corp. (I) 9,011 101,194
Skilled Healthcare Group, Inc., Class A (I)(L) 4,993 32,105

 

Small Cap Index Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Health Care Providers & Services (continued)    
Sun Healthcare Group, Inc. (I) 6,886 $ 58,290
Sunrise Senior Living, Inc. (I)(L) 15,128 215,877
Team Health Holdings, Inc. (I) 7,379 200,192
The Ensign Group, Inc. 4,469 136,774
The Providence Service Corp. (I) 3,580 46,504
Triple-S Management Corp., Class B (I) 5,005 104,605
Universal American Corp. (I) 9,765 90,229
US Physical Therapy, Inc. 3,059 84,520
Vanguard Health Systems, Inc. (I) 8,340 103,166
WellCare Health Plans, Inc. (I) 11,131 629,458
 
    9,194,094
Health Care Technology - 0.7%    
athenahealth, Inc. (I) 9,283 851,901
Computer Programs & Systems, Inc. (L) 2,825 156,929
Epocrates, Inc. (I) 4,946 57,621
Greenway Medical Technologies, Inc. (I)(L) 2,148 36,731
HealthStream, Inc. (I)(L) 5,103 145,231
MedAssets, Inc. (I) 15,184 270,275
Medidata Solutions, Inc. (I) 5,754 238,791
Merge Healthcare, Inc. (I)(L) 15,671 60,020
Omnicell, Inc. (I) 8,680 120,652
Quality Systems, Inc. (L) 10,210 189,396
Vocera Communications, Inc. (I) 1,765 54,556
 
    2,182,103
Life Sciences Tools & Services - 0.4%    
Affymetrix, Inc. (I)(L) 18,567 80,395
Cambrex Corp. (I) 8,100 95,013
Fluidigm Corp. (I)(L) 5,470 92,990
Furiex Pharmaceuticals, Inc. (I) 2,020 38,542
Harvard Bioscience, Inc. (I) 6,973 29,496
Luminex Corp. (I)(L) 10,834 210,613
PAREXEL International Corp. (I) 15,506 476,965
Sequenom, Inc. (I)(L) 29,864 105,420
 
    1,129,434
Pharmaceuticals - 2.0%    
Akorn, Inc. (I)(L) 14,905 197,044
Ampio Pharmaceuticals, Inc. (I)(L) 6,475 25,253
Auxilium Pharmaceuticals, Inc. (I) 12,633 309,003
AVANIR Pharmaceuticals, Inc., Class A (I) 35,362 113,158
BioDelivery Sciences International, Inc. (I) 6,046 38,211
Cadence Pharmaceuticals, Inc. (I) 16,226 63,606
Corcept Therapeutics, Inc. (I) 11,727 32,718
Depomed, Inc. (I) 14,891 88,006
Endocyte, Inc. (I) 7,892 78,683
Forest Laboratories, Inc. (I) 3,580 2,076
Hi-Tech Pharmacal Company, Inc. (I)(L) 2,852 94,430
Horizon Pharma, Inc. (I) 5,808 20,154
Impax Laboratories, Inc. (I) 17,434 452,587
Indevus Pharmaceuticals, Inc. (I) 17,906 0
Jazz Pharmaceuticals PLC (I) 10,780 614,568
MAP Pharmaceuticals, Inc. (I) 6,586 102,544
Medicis Pharmaceutical Corp., Class A 14,905 644,939
Nektar Therapeutics (I)(L) 29,988 320,272
Obagi Medical Products, Inc. (I) 5,136 63,738
Omeros Corp. (I) 5,965 56,071
Optimer Pharmaceuticals, Inc. (I)(L) 12,212 172,433
Pacira Pharmaceuticals, Inc. (I) 4,967 86,426
Pain Therapeutics, Inc. (I) 10,421 52,626
Par Pharmaceutical Companies, Inc. (I) 9,565 478,059
Pozen, Inc. (I)(L) 7,246 48,041
Questcor Pharmaceuticals, Inc. (L) 13,954 258,149
Repros Therapeutics, Inc. (I) 4,051 61,697
Sagent Pharmaceuticals, Inc. (I)(L) 2,460 39,237

 

290

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Small Cap Index Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Pharmaceuticals (continued)    
Santarus, Inc. (I) 14,309 $ 127,064
Sciclone Pharmaceuticals, Inc. (I)(L) 14,859 82,467
The Medicines Company (I)(L) 14,393 371,483
Ventrus Biosciences, Inc. (I) 3,430 12,279
ViroPharma, Inc. (I)(L) 18,064 545,894
Vivus, Inc. (I)(L) 25,883 461,235
XenoPort, Inc. (I) 9,673 110,853
Zogenix, Inc. (I)(L) 10,216 27,175
 
    6,252,179
    41,524,613
Industrials - 14.6%    
Aerospace & Defense - 1.6%    
AAR Corp. 10,501 172,426
Aerovironment, Inc. (I) 4,529 106,296
American Science & Engineering, Inc. 2,317 152,018
API Technologies Corp. (I) 9,037 25,936
Astronics Corp. (I) 2,829 87,133
Ceradyne, Inc. 6,343 154,959
Cubic Corp. 4,139 207,198
Curtiss-Wright Corp. 12,170 397,959
DigitalGlobe, Inc. (I)(L) 9,439 192,461
Esterline Technologies Corp. (I) 7,944 445,976
GenCorp, Inc. (I)(L) 15,852 150,435
GeoEye, Inc. (I)(L) 3,970 104,927
HEICO Corp. 13,677 529,163
Hexcel Corp. (I)(L) 25,809 619,932
Kratos Defense &    
Security Solutions, Inc. (I)(L) 10,681 62,377
LMI Aerospace, Inc. (I) 2,567 52,469
Moog, Inc., Class A (I) 11,716 443,685
National Presto Industries, Inc. (L) 1,242 90,517
Orbital Sciences Corp. (I) 15,390 224,078
Taser International, Inc. (I) 14,586 87,954
Teledyne Technologies, Inc. (I) 9,533 604,297
The KEYW Holding Corp. (I) 5,076 63,450
 
    4,975,646
Air Freight & Logistics - 0.4%    
Air Transport Services Group, Inc. (I) 14,317 62,995
Atlas Air Worldwide Holdings, Inc. (I)(L) 6,839 353,098
Echo Global Logistics, Inc. (I) 3,891 66,731
Forward Air Corp. 7,541 229,322
Hub Group, Inc., Class A (I) 9,604 285,047
Pacer International, Inc. (I) 9,556 38,033
Park-Ohio Holdings Corp. (I) 2,355 51,033
XPO Logistics, Inc. (I)(L) 4,651 56,928
 
    1,143,187
Airlines - 0.7%    
Alaska Air Group, Inc. (I) 18,335 642,825
Allegiant Travel Company (I)(L) 3,860 244,570
Hawaiian Holdings, Inc. (I)(L) 13,550 75,745
JetBlue Airways Corp. (I)(L) 60,334 289,000
Republic Airways Holdings, Inc. (I)(L) 12,914 59,792
SkyWest, Inc. 13,493 139,383
Spirit Airlines, Inc. (I) 10,775 184,037
US Airways Group, Inc. (I)(L) 42,027 439,602
 
    2,074,954
Building Products - 0.9%    
AAON, Inc. (L) 4,950 97,466
Ameresco, Inc., Class A (I) 5,328 62,924
American Woodmark Corp. (I) 2,635 52,621
AO Smith Corp. 10,053 578,450

 

Small Cap Index Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Building Products (continued)    
Apogee Enterprises, Inc. 7,413 $ 145,443
Builders FirstSource, Inc. (I)(L) 12,334 64,013
Gibraltar Industries, Inc. (I) 8,071 103,470
Griffon Corp. (L) 11,780 121,334
Insteel Industries, Inc. (L) 4,847 56,855
NCI Building Systems, Inc. (I) 4,787 48,014
Nortek, Inc. (I) 2,023 110,719
Quanex Building Products Corp. 9,488 178,754
Simpson Manufacturing Company, Inc. 10,352 296,274
Trex Company, Inc. (I) 3,622 123,583
Universal Forest Products, Inc. (L) 5,102 211,937
USG Corp. (I)(L) 19,227 422,033
 
    2,673,890
Commercial Services & Supplies - 2.3%    
A.T. Cross Company, Class A (I) 2,826 28,175
ABM Industries, Inc. 13,878 262,711
ACCO Brands Corp. (I) 29,307 190,202
Acorn Energy, Inc. (L) 4,807 42,878
American Reprographics Company (I) 10,113 43,183
Asset Acceptance Capital Corp. (I) 4,646 34,659
Asta Funding, Inc. (L) 3,236 30,386
Casella Waste Systems, Inc., Class A (I) 7,332 31,381
Cenveo, Inc. (I)(L) 14,115 32,323
Consolidated Graphics, Inc. (I) 2,094 54,632
Courier Corp. 3,007 36,746
Deluxe Corp. (L) 13,144 401,681
Encore Capital Group, Inc. (I) 5,728 161,873
EnergySolutions, Inc. (I) 20,459 55,853
EnerNOC, Inc. (I) 6,391 82,955
Ennis, Inc. 6,688 109,750
G&K Services, Inc., Class A 4,877 152,699
Healthcare Services Group, Inc. 17,366 397,160
Heritage-Crystal Clean, Inc. (I) 2,076 41,209
Herman Miller, Inc. 15,038 292,339
HNI Corp. 11,736 299,385
InnerWorkings, Inc. (I)(L) 8,392 109,264
Interface, Inc. (L) 15,155 200,198
Intersections, Inc. 2,557 26,951
Kimball International, Inc., Class B 8,651 105,715
Knoll, Inc. 12,444 173,594
McGrath RentCorp. (L) 6,390 166,715
Metalico, Inc. (I)(L) 10,426 26,691
Mine Safety Appliances Company 7,128 265,661
Mobile Mini, Inc. (I)(L) 9,929 165,914
Multi-Color Corp. 3,649 84,511
NL Industries, Inc. 1,730 19,878
Portfolio Recovery Associates, Inc. (I)(L) 4,451 464,818
Quad/Graphics, Inc. (L) 6,470 109,731
Schawk, Inc. 3,219 42,008
Standard Parking Corp. (I) 4,093 91,806
Steelcase, Inc., Class A (L) 19,553 192,597
Swisher Hygiene, Inc. (I)(L) 29,033 40,066
Sykes Enterprises, Inc. (I) 10,047 135,032
Team, Inc. (I) 5,171 164,696
Tetra Tech, Inc. (I) 16,343 429,167
The Brink’s Company 12,199 313,392
The Geo Group, Inc. 15,889 439,649
TMS International Corp., Class A (I) 3,623 35,868
TRC Companies, Inc. (I) 4,241 31,892
UniFirst Corp. 3,741 249,861
United Stationers, Inc. (L) 10,464 272,273
US Ecology, Inc. 4,797 103,519
Viad Corp. 5,187 108,201
 
    7,351,848

 

291

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Small Cap Index Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Construction & Engineering - 0.8%    
Aegion Corp. (I) 10,271 $ 196,792
Argan, Inc. 2,765 48,249
Comfort Systems USA, Inc. 9,953 108,786
Dycom Industries, Inc. (I) 8,704 125,164
EMCOR Group, Inc. 17,262 492,657
Furmanite Corp. (I) 10,186 57,856
Granite Construction, Inc. (L) 9,984 286,740
Great Lakes Dredge & Dock Corp. (L) 15,587 120,020
Layne Christensen Company (I) 5,185 101,678
MasTec, Inc. (I) 15,091 297,293
Michael Baker Corp. (I) 2,314 55,212
MYR Group, Inc. (I) 5,383 107,391
Northwest Pipe Company (I) 2,507 61,798
Orion Marine Group, Inc. (I) 7,426 55,175
Pike Electric Corp. (I) 4,740 37,683
Primoris Services Corp. 7,815 101,986
Sterling Construction Company, Inc. (I) 4,630 46,207
Tutor Perini Corp. (I) 9,269 106,037
 
    2,406,724
Electrical Equipment - 1.2%    
A123 Systems, Inc. (I) 28,189 7,047
Acuity Brands, Inc. 10,944 692,646
American Superconductor Corp. (I) 10,425 43,264
AZZ, Inc. 6,606 250,896
Belden, Inc. 11,787 434,705
Brady Corp., Class A 12,629 369,777
Capstone Turbine Corp. (I)(L) 78,726 78,726
Encore Wire Corp. 4,936 144,427
EnerSys, Inc. (I) 12,405 437,772
Franklin Electric Company, Inc. 6,098 368,868
FuelCell Energy, Inc. (I)(L) 41,165 36,225
Generac Holdings, Inc. 6,366 145,718
Global Power Equipment Group, Inc. 4,488 82,983
II-VI, Inc. (I)(L) 13,611 258,881
LSI Industries, Inc. 5,594 37,704
Powell Industries, Inc. (I) 2,357 91,145
Preformed Line Products Company 634 34,433
Thermon Group Holdings, Inc. (I) 3,929 98,186
Vicor Corp. (I) 5,508 36,738
 
    3,650,141
Industrial Conglomerates - 0.2%    
Raven Industries, Inc. 9,400 276,642
Seaboard Corp. (I) 79 178,550
Standex International Corp. 3,281 145,840
 
    601,032
Machinery - 3.1%    
Accuride Corp. (I) 12,438 57,961
Actuant Corp., Class A 17,661 505,458
Alamo Group, Inc. 1,832 61,885
Albany International Corp., Class A (L) 7,243 159,129
Altra Holdings, Inc. (L) 7,056 128,419
American Railcar Industries, Inc. (I) 2,507 71,048
Ampco-Pittsburgh Corp. 2,395 44,188
Astec Industries, Inc. (I)(L) 5,193 164,151
Barnes Group, Inc. 14,061 351,666
Blount International, Inc. (I) 12,725 167,461
Briggs & Stratton Corp. (L) 12,577 234,813
Cascade Corp. 2,391 130,883
Chart Industries, Inc. (I)(L) 7,755 572,707
CIRCOR International, Inc. 4,502 169,951
CLARCOR, Inc. 12,962 578,494
Columbus McKinnon Corp. (I) 5,170 78,119
Commercial Vehicle Group, Inc. (I) 6,532 48,010

 

Small Cap Index Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Machinery (continued)    
Douglas Dynamics, Inc. (L) 5,821 $ 86,093
Dynamic Materials Corp. 3,622 54,402
Energy Recovery, Inc. (I)(L) 12,869 38,092
EnPro Industries, Inc. (I)(L) 5,362 193,086
ESCO Technologies, Inc. 6,918 268,764
Federal Signal Corp. (I) 16,506 104,318
Flow International Corp. (I)(L) 13,236 48,973
FreightCar America, Inc. 3,212 57,141
Graham Corp. 2,721 49,168
Greenbrier Companies, Inc. (I)(L) 5,936 95,807
Hardinge, Inc. 3,206 32,862
Hurco Companies, Inc. (I) 1,837 42,031
John Bean Technologies Corp. 7,515 122,720
Kadant, Inc. (I) 3,132 72,631
Kaydon Corp. 8,319 185,846
LB Foster Company, Class A 2,423 78,360
Lindsay Corp. 3,275 235,702
Lydall, Inc. (I) 4,487 63,222
Meritor, Inc. (I) 25,198 106,840
Met-Pro Corp. 4,317 38,637
Middleby Corp. (I)(L) 4,857 561,663
Miller Industries, Inc. 3,157 50,670
Mueller Industries, Inc. (L) 6,962 316,562
Mueller Water Products, Inc., Class A 40,712 199,489
NN, Inc. (I)(L) 4,602 39,071
PMFG, Inc. (I)(L) 5,672 45,886
Proto Labs, Inc. (I) 1,335 45,150
RBC Bearings, Inc. (I) 5,786 278,307
Rexnord Corp. (I) 7,499 136,632
Robbins & Myers, Inc. 9,958 593,497
Sauer-Danfoss, Inc. 3,034 121,997
Sun Hydraulics Corp. 5,370 142,681
Tennant Company (L) 4,891 209,433
The Eastern Company 1,740 32,608
The Gorman-Rupp Company (L) 3,989 107,703
Titan International, Inc. (L) 10,909 192,653
Trimas Corp. (I) 8,375 201,921
Twin Disc, Inc. (L) 2,279 40,794
Wabash National Corp. (I) 17,900 127,627
Watts Water Technologies, Inc., Class A 7,671 290,194
Woodward, Inc. (L) 17,928 609,193
 
    9,842,769
Marine - 0.0%    
Eagle Bulk Shipping, Inc. (I)(L) 4,045 14,602
Genco Shipping & Trading, Ltd. (I)(L) 8,300 30,544
International Shipholding Corp. 1,506 25,406
Rand Logistics, Inc. (I) 4,939 37,191
 
    107,743
Professional Services - 1.2%    
Acacia Research Corp. (I) 12,886 353,205
Barrett Business Services, Inc. 1,999 54,173
CBIZ, Inc. (I)(L) 10,176 61,260
CDI Corp. 3,608 61,444
CRA International, Inc. (I) 2,807 48,505
Exponent, Inc. (I) 3,463 197,703
Franklin Covey Company (I) 3,882 46,584
FTI Consulting, Inc. (I) 10,825 288,811
GP Strategies Corp. (I) 4,020 77,666
Heidrick & Struggles International, Inc. 4,724 60,184
Hudson Global, Inc. (I)(L) 9,278 41,380
Huron Consulting Group, Inc. (I) 5,963 207,632
ICF International, Inc. (I) 5,163 103,776
Insperity, Inc. 5,834 147,192

 

292

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Small Cap Index Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Professional Services (continued)    
Kelly Services, Inc., Class A 7,032 $ 88,603
Kforce, Inc. (I) 7,496 88,378
Korn/Ferry International (I) 12,373 189,678
Mistras Group, Inc. (I) 4,082 94,702
Navigant Consulting Company (I) 13,403 148,103
Odyssey Marine Exploration, Inc. (I)(L) 19,789 62,533
On Assignment, Inc. (I) 11,140 221,909
Pendrell Corp. (I) 41,390 46,771
Resources Connection, Inc. 10,979 143,935
RPX Corp. (I) 5,487 61,509
The Advisory Board Company (I)(L) 4,454 213,035
The Corporate Executive Board Company 8,656 464,221
The Dolan Company (I) 8,264 44,460
TrueBlue, Inc. (I) 10,430 163,960
VSE Corp. 1,188 29,094
WageWorks, Inc. (I) 1,762 30,747
 
    3,841,153
Road & Rail - 1.3%    
Amerco, Inc. 2,247 238,991
Arkansas Best Corp. 6,772 53,634
Avis Budget Group, Inc. (I)(L) 27,522 423,288
Celadon Group, Inc. 5,357 86,087
Dollar Thrifty Automotive Group, Inc. (I) 7,259 631,025
Genesee & Wyoming, Inc., Class A (I)(L) 10,434 697,617
Heartland Express, Inc. (L) 12,389 165,517
Knight Transportation, Inc. (L) 14,846 212,298
Marten Transport, Ltd. 4,182 73,478
Old Dominion Freight Line, Inc. (I) 18,426 555,728
Quality Distribution, Inc. (I) 5,740 53,095
RailAmerica, Inc. (I) 4,901 134,630
Roadrunner Transportation Systems, Inc. (I) 3,428 55,465
Saia, Inc. (I) 4,272 86,038
Swift Transportation Company (I)(L) 20,497 176,684
Universal Truckload Services, Inc. 1,515 24,195
Werner Enterprises, Inc. (L) 11,356 242,678
Zipcar, Inc. (I)(L) 6,954 54,102
 
    3,964,550
Trading Companies & Distributors - 0.9%    
Aceto Corp. 7,226 68,286
Aircastle, Ltd. 15,108 171,174
Applied Industrial Technologies, Inc. (L) 10,888 451,090
Beacon Roofing Supply, Inc. (I)(L) 12,169 346,817
CAI International, Inc. (I) 3,430 70,384
DXP Enterprises, Inc. (I) 2,306 110,158
Edgen Group, Inc. (I) 4,174 32,349
H&E Equipment Services, Inc. (L) 7,484 90,706
Houston Wire & Cable Company 4,824 51,906
Kaman Corp. (L) 6,884 246,860
Rush Enterprises, Inc., Class A (I) 8,615 165,925
SeaCube Container Leasing, Ltd. (L) 2,932 54,975
TAL International Group, Inc. (L) 7,556 256,753
Textainer Group Holdings, Ltd. 3,138 95,866
Titan Machinery, Inc. (I) 4,384 88,908
Watsco, Inc. (L) 7,578 574,337
 
    2,876,494
Transportation Infrastructure - 0.0%    
Wesco Aircraft Holdings, Inc. (I)(L) 4,576 62,508
 
    45,572,639
Information Technology - 17.1%    
Communications Equipment - 2.0%    
ADTRAN, Inc. (L) 16,389 283,202
Anaren, Inc. (I) 3,925 78,461

 

Small Cap Index Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Communications Equipment (continued)    
Arris Group, Inc. (I) 29,254 $ 374,159
Aruba Networks, Inc. (I)(L) 28,932 650,536
Aviat Networks, Inc. (I) 16,681 39,701
Bel Fuse, Inc., Class B 2,908 54,321
Black Box Corp. 4,481 114,310
CalAmp Corp. (I) 7,737 63,521
Calix, Inc. (I)(L) 10,059 64,378
Ciena Corp. (I) 25,684 349,302
Comtech Telecommunications Corp. (L) 4,984 137,758
Digi International, Inc. (I) 6,846 69,555
Emulex Corp. (I) 22,379 161,353
Extreme Networks, Inc. (I) 24,544 81,977
Finisar Corp. (I)(L) 23,594 337,394
Globecomm Systems, Inc. (I)(L) 6,103 68,048
Harmonic, Inc. (I) 30,329 137,694
Infinera Corp. (I)(L) 28,550 156,454
InterDigital, Inc. (L) 11,465 427,415
Ixia (I) 10,995 176,690
KVH Industries, Inc. (I) 4,165 56,186
Loral Space & Communications, Inc. 2,856 203,062
NETGEAR, Inc. (I)(L) 9,810 374,153
Numerex Corp., Class A (I) 2,881 32,642
Oclaro, Inc. (I)(L) 13,856 37,411
Oplink Communications, Inc. (I) 4,977 82,320
Parkervision, Inc. (I) 20,293 47,486
Plantronics, Inc. 10,982 387,994
Procera Networks, Inc. (I)(L) 5,030 118,205
ShoreTel, Inc. (I) 12,726 52,049
Sonus Networks, Inc. (I) 55,042 103,479
Sycamore Networks, Inc. 5,397 83,114
Symmetricom, Inc. (I) 11,130 77,576
Tellabs, Inc. 94,441 334,321
Telular Corp. 4,567 45,213
Tessco Technologies, Inc. 1,484 31,416
Ubiquiti Networks, Inc. (I)(L) 2,744 32,654
ViaSat, Inc. (I)(L) 9,718 363,259
Westell Technologies, Inc., Class A (I) 13,625 29,158
 
    6,317,927
Computers & Peripherals - 0.7%    
3D Systems Corp. (I)(L) 11,195 367,756
Avid Technology, Inc. (I)(L) 7,978 75,472
Cray, Inc. (I) 9,647 122,517
Datalink Corp. (I) 4,189 34,685
Electronics for Imaging, Inc. (I) 11,955 198,573
Imation Corp. (I) 8,200 45,838
Immersion Corp. (I) 7,381 40,374
Intermec, Inc. (I) 15,595 96,845
Intevac, Inc. (I) 6,312 38,566
OCZ Technology Group, Inc. (I)(L) 17,486 60,676
QLogic Corp. (I) 25,113 286,790
Quantum Corp. (I) 61,014 98,233
Silicon Graphics International Corp. (I)(L) 8,361 76,085
STEC, Inc. (I)(L) 9,427 63,632
Stratasys, Inc. (I)(L) 5,520 300,288
Super Micro Computer, Inc. (I) 7,508 90,321
Synaptics, Inc. (I)(L) 8,704 209,070
 
    2,205,721
Electronic Equipment, Instruments & Components - 2.4%  
Aeroflex Holding Corp. (I) 4,991 33,090
Agilysys, Inc. (I) 4,059 34,907
Anixter International, Inc. (L) 7,257 416,987
Audience, Inc. (I) 1,631 10,112
Badger Meter, Inc. (L) 3,756 136,681

 

293

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Small Cap Index Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Electronic Equipment, Instruments &    
Components (continued)    
Benchmark Electronics, Inc. (I) 14,876 $ 227,157
Brightpoint, Inc. (I) 18,011 161,739
Checkpoint Systems, Inc. (I) 10,612 87,867
Cognex Corp. 11,086 383,354
Coherent, Inc. (I) 6,124 280,847
CTS Corp. 8,807 88,686
Daktronics, Inc. 9,462 89,984
DTS, Inc. (I)(L) 5,276 122,815
Echelon Corp. (I) 10,191 39,133
Electro Rent Corp. 5,009 88,609
Electro Scientific Industries, Inc. 5,995 73,259
Fabrinet (I) 5,739 66,515
FARO Technologies, Inc. (I)(L) 4,406 182,056
FEI Company (L) 9,816 525,156
GSI Group, Inc. (I) 7,644 68,108
Insight Enterprises, Inc. (I) 11,530 201,544
InvenSense, Inc. (I) 9,466 113,119
KEMET Corp. (I) 11,721 51,572
Key Tronic Corp. (I) 2,863 28,401
Littelfuse, Inc. 5,613 317,359
Maxwell Technologies, Inc. (I)(L) 7,680 62,362
Measurement Specialties, Inc. (I) 3,957 130,502
Mercury Computer Systems, Inc. (I) 8,042 85,406
Mesa Laboratories, Inc. 755 36,527
Methode Electronics, Inc. 9,746 94,634
MTS Systems Corp. 4,156 222,554
Multi-Fineline Electronix, Inc. (I) 2,297 51,797
Neonode, Inc. (I) 6,000 22,620
Newport Corp. (I) 9,917 109,682
OSI Systems, Inc. (I) 5,151 400,954
Park Electrochemical Corp. 5,407 134,256
PC Connection, Inc. 2,484 28,591
Plexus Corp. (I) 9,082 275,094
Power-One, Inc. (I) 17,150 96,040
Radisys Corp. (I) 6,121 22,036
RealD, Inc. (I)(L) 11,409 101,996
Richardson Electronics, Ltd. 3,715 44,097
Rofin-Sinar Technologies, Inc. (I)(L) 7,416 146,318
Rogers Corp. (I) 4,186 177,319
Sanmina-SCI Corp. (I) 21,198 179,971
ScanSource, Inc. (I)(L) 7,128 228,239
SYNNEX Corp. (I)(L) 6,787 221,120
TTM Technologies, Inc. (I) 13,815 130,275
Universal Display Corp. (I)(L) 10,288 353,701
Vishay Precision Group, Inc. (I) 3,236 45,239
Zygo Corp. (I) 4,306 78,757
 
    7,309,144
Internet Software & Services - 2.5%    
Ancestry.com, Inc. (I)(L) 7,519 226,172
Angie’s List, Inc. (I) 9,312 98,521
Bankrate, Inc. (I) 12,026 187,365
Bazaarvoice, Inc. (I)(L) 2,553 38,678
Blucora, Inc. (I) 10,452 186,150
Brightcove, Inc. (I) 1,652 19,295
Carbonite, Inc. (I)(L) 3,192 22,376
comScore, Inc. (I)(L) 9,242 140,941
Constant Contact, Inc. (I) 7,903 137,512
Cornerstone OnDemand, Inc. (I)(L) 8,825 270,575
CoStar Group, Inc. (I)(L) 6,879 560,914
DealerTrack Holdings, Inc. (I)(L) 11,000 306,350
Demand Media, Inc. (I)(L) 7,855 85,384
Demandware, Inc. (I)(L) 1,740 55,245
Dice Holdings, Inc. (I)(L) 11,868 99,929

 

Small Cap Index Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Internet Software & Services (continued)    
Digital River, Inc. (I) 9,714 $ 161,835
EarthLink, Inc. 27,687 197,131
Envestnet, Inc. (I) 5,577 65,251
ExactTarget, Inc. (I) 2,591 62,754
FriendFinder Networks, Inc. (I) 2,360 2,030
Internap Network Services Corp. (I) 13,885 97,889
IntraLinks Holdings, Inc. (I) 9,656 63,150
Ipass, Inc. (I) 14,403 31,687
j2 Global, Inc. (L) 12,018 394,431
Keynote Systems, Inc. 4,125 59,730
KIT Digital, Inc. (I)(L) 12,632 37,896
Limelight Networks, Inc. (I)(L) 16,040 37,534
Liquidity Services, Inc. (I)(L) 6,111 306,833
LivePerson, Inc. (I) 14,372 260,277
LogMeIn, Inc. (I) 5,729 128,501
Marchex, Inc., Class B 6,220 23,760
Market Leader, Inc. (I) 6,344 42,505
Millennial Media, Inc. (I)(L) 3,022 43,366
Monster Worldwide, Inc. (I)(L) 31,357 229,847
Move, Inc. (I) 10,465 90,208
NIC, Inc. (L) 16,946 250,801
OpenTable, Inc. (I) 5,859 243,734
Perficient, Inc. (I) 8,480 102,354
QuinStreet, Inc. (I)(L) 8,704 73,027
RealNetworks, Inc. (I) 5,893 49,030
Responsys, Inc. (I)(L) 9,354 95,691
Saba Software, Inc. (I) 8,022 80,140
SciQuest, Inc. (I) 4,737 86,213
SPS Commerce, Inc. (I) 2,829 108,832
Stamps.com, Inc. (I)(L) 3,742 86,590
support.com, Inc. (I) 13,500 57,105
Synacor, Inc. (I) 1,815 13,758
The Active Network, Inc. (I) 10,077 126,265
Travelzoo, Inc. (I)(L) 1,912 45,066
United Online, Inc. 23,770 131,210
Unwired Planet, Inc. (I) 23,233 44,607
ValueClick, Inc. (I) 20,940 359,959
VistaPrint NV (I) 9,557 326,372
Vocus, Inc. (I) 5,376 107,843
Web.com Group, Inc. (I) 9,157 164,368
WebMD Health Corp. (I) 13,156 184,579
XO Group, Inc. (I) 7,243 60,479
Yelp, Inc. (I) 2,266 61,295
Zix Corp. (I) 16,398 47,062
 
    7,678,402
IT Services - 2.0%    
Acxiom Corp. (I) 19,903 363,628
CACI International, Inc., Class A (I)(L) 6,860 355,279
Cardtronics, Inc. (I) 11,469 341,547
Cass Information Systems, Inc. (L) 2,459 103,204
CIBER, Inc. (I) 19,109 66,308
Computer Task Group, Inc. (I) 4,187 67,746
Convergys Corp. (L) 30,112 471,855
CSG Systems International, Inc. (I) 8,831 198,609
EPAM Systems, Inc. (I)(L) 1,256 23,789
Euronet Worldwide, Inc. (I)(L) 13,258 249,118
ExlService Holdings, Inc. (I) 6,040 178,180
Forrester Research, Inc. 3,603 103,658
Global Cash Access Holdings, Inc. (I) 17,221 138,629
Heartland Payment Systems, Inc. 10,049 318,352
Higher One Holdings, Inc. (I)(L) 8,388 113,070
iGATE Corp. (I)(L) 8,406 152,737
Innodata, Inc. (I) 6,101 24,709
Lionbridge Technologies, Inc. (I) 15,080 53,082

 

294

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Small Cap Index Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
IT Services (continued)    
Mantech International Corp., Class A (L) 5,974 $ 143,376
Mattersight Corp. (I) 2,854 16,896
MAXIMUS, Inc. 8,758 523,028
ModusLink Global Solutions, Inc. (I) 11,300 41,697
MoneyGram International, Inc. (I) 5,704 85,218
PRGX Global, Inc. (I) 5,722 48,980
Sapient Corp. (I) 31,863 339,660
ServiceSource International, Inc. (I) 12,901 132,364
Syntel, Inc. 3,999 249,578
TeleTech Holdings, Inc. (I) 5,956 101,550
The Hackett Group, Inc. (I) 6,745 28,194
TNS, Inc. (I) 6,344 94,843
Unisys Corp. (I) 11,353 236,369
Virtusa Corp. (I) 4,883 86,771
Wright Express Corp. (I)(L) 10,040 699,989
 
    6,152,013
Semiconductors & Semiconductor Equipment - 3.4%  
Advanced Energy Industries, Inc. (I) 10,228 126,009
Alpha & Omega Semiconductor, Ltd. (I) 4,525 38,960
Amkor Technology, Inc. (I)(L) 20,463 90,037
ANADIGICS, Inc. (I) 19,179 26,659
Applied Micro Circuits Corp. (I)(L) 16,188 81,911
ATMI, Inc. (I) 8,218 152,608
AuthenTec, Inc. (I)(L) 12,000 96,120
Axcelis Technologies, Inc. (I) 29,465 30,938
AXT, Inc. (I) 9,041 30,559
Brooks Automation, Inc. (L) 17,103 137,337
Cabot Microelectronics Corp. (L) 6,104 214,495
Cavium, Inc. (I)(L) 12,859 428,590
Ceva, Inc. (I)(L) 6,038 86,826
Cirrus Logic, Inc. (I)(L) 16,673 640,076
Cohu, Inc. 6,496 60,997
CSR PLC, ADR (L) 1,943 39,385
Cymer, Inc. (I)(L) 7,986 407,765
Diodes, Inc. (I)(L) 9,199 156,475
DSP Group, Inc. (I) 6,102 36,246
Entegris, Inc. (I)(L) 35,571 289,192
Entropic Communications, Inc. (I)(L) 22,858 133,034
Exar Corp. (I) 9,785 78,280
First Solar, Inc. (I)(L) 15,564 344,665
FormFactor, Inc. (I) 12,915 72,195
FSI International, Inc. (I) 10,242 63,500
GSI Technology, Inc. (I) 5,880 29,106
GT Advanced Technologies Inc. (I)(L) 30,725 167,451
Hittite Microwave Corp. (I)(L) 8,126 450,749
Inphi Corp. (I) 6,102 65,047
Integrated Device Technology, Inc. (I)(L) 36,679 215,673
Integrated Silicon Solution, Inc. (I) 7,220 66,857
Intermolecular, Inc. (I) 3,772 26,781
International Rectifier Corp. (I) 17,826 297,516
Intersil Corp., Class A 32,783 286,851
IXYS Corp. (I) 6,446 63,944
Kopin Corp. (I) 17,448 65,604
Lattice Semiconductor Corp. (I) 30,170 115,551
LTX-Credence Corp. (I) 12,662 72,807
M/A-COM Technology    
Solutions Holdings, Inc. (I)(L) 1,609 20,434
Mattson Technology, Inc. (I) 15,828 15,353
MaxLinear, Inc., Class A (I) 6,062 40,555
MEMC Electronic Materials, Inc. (I) 59,686 164,137
Micrel, Inc. (L) 12,383 129,031
Microsemi Corp. (I) 22,970 461,008
Mindspeed Technologies, Inc. (I)(L) 9,717 33,621
MIPS Technologies, Inc. (I) 12,405 91,673

 

Small Cap Index Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Semiconductors & Semiconductor Equipment (continued)  
MKS Instruments, Inc. 13,574 $ 346,001
Monolithic Power Systems, Inc. (I) 7,889 155,808
MoSys, Inc. (I) 9,377 37,883
Nanometrics, Inc. (I)(L) 6,138 84,766
NeoPhotonics Corp. (I) 5,319 31,063
NVE Corp. (I) 1,304 77,184
OmniVision Technologies, Inc. (I)(L) 13,545 189,020
PDF Solutions, Inc. (I) 6,390 87,287
Pericom Semiconductor Corp. (I) 6,552 56,904
Photronics, Inc. (I)(L) 15,745 84,551
PLX Technology, Inc. (I) 11,634 67,128
Power Integrations, Inc. (L) 7,360 223,965
QuickLogic Corp. (I)(L) 10,984 30,755
Rambus, Inc. (I) 28,513 157,962
RF Micro Devices, Inc. (I)(L) 72,006 284,424
Rubicon Technology, Inc. (I)(L) 4,490 43,014
Rudolph Technologies, Inc. (I) 8,438 88,599
Semtech Corp. (I) 16,894 424,884
Sigma Designs, Inc. (I) 8,711 57,580
Silicon Image, Inc. (I) 21,613 99,204
Spansion, Inc., Class A (I) 12,483 148,797
STR Holdings, Inc. (I)(L) 8,235 25,529
SunPower Corp. (I)(L) 10,358 46,715
Supertex, Inc. (I) 2,688 48,061
Tessera Technologies, Inc. 13,430 183,722
TriQuint Semiconductor, Inc. (I) 43,525 219,801
Ultra Clean Holdings (I) 6,280 35,859
Ultratech, Inc. (I) 6,774 212,568
Veeco Instruments, Inc. (I) 10,037 301,311
Volterra Semiconductor Corp. (I)(L) 6,554 143,336
 
    10,736,289
Software - 4.1%    
Accelrys, Inc. (I) 14,571 126,185
ACI Worldwide, Inc. (I) 10,278 434,348
Actuate Corp. (I) 12,973 91,200
Advent Software, Inc. (I)(L) 8,168 200,688
American Software, Inc., Class A 6,369 51,971
Aspen Technology, Inc. (I) 24,220 626,087
AVG Technologies NV (I) 2,044 19,622
Blackbaud, Inc. 11,689 279,601
Bottomline Technologies, Inc. (I)(L) 9,039 223,173
BroadSoft, Inc. (I) 7,143 293,006
Callidus Software, Inc. (I)(L) 9,307 45,884
CommVault Systems, Inc. (I) 11,565 678,866
Comverse Technology, Inc. (I) 56,740 348,951
Deltek, Inc. (I) 5,634 73,355
Digimarc Corp. 1,981 44,077
Ebix, Inc. (L) 7,378 174,195
Ellie Mae, Inc. (I) 5,667 154,312
EPIQ Systems, Inc. 8,302 111,413
ePlus, Inc. (I) 1,075 42,162
Fair Isaac Corp. 8,863 392,276
FalconStor Software, Inc. (I) 9,028 21,216
Glu Mobile Inc. (I)(L) 14,163 65,575
Guidance Software, Inc. (I) 3,887 43,768
Guidewire Software, Inc. (I) 5,033 156,275
Imperva, Inc. (I) 2,527 93,474
Infoblox, Inc. (I)(L) 2,070 48,128
Interactive Intelligence Group (I) 3,817 114,701
JDA Software Group, Inc. (I) 11,018 350,152
Jive Software, Inc. (I)(L) 4,217 66,249
Kenexa Corp. (I) 7,078 324,385
Manhattan Associates, Inc. (I) 5,237 299,923
Mentor Graphics Corp. (I) 24,107 373,176

 

295

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Small Cap Index Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Software (continued)    
MicroStrategy, Inc., Class A (I)(L) 2,202 $ 295,222
Monotype Imaging Holdings, Inc. 9,499 148,089
Netscout Systems, Inc. (I) 9,555 243,748
Opnet Technologies, Inc. (L) 3,892 132,600
Parametric Technology Corp. (I) 30,928 674,230
Pegasystems, Inc. (L) 4,469 129,780
Pervasive Software, Inc. (I) 3,849 33,101
Progress Software Corp. (I)(L) 16,232 347,202
Proofpoint, Inc. (I) 1,692 25,126
PROS Holdings, Inc. (I) 5,711 108,909
QAD, Inc., Class A (I) 1,877 25,490
QLIK Technologies, Inc. (I) 22,111 495,508
Quest Software, Inc. (I) 14,473 405,244
RealPage, Inc. (I) 9,298 210,135
Rosetta Stone, Inc. (I)(L) 2,841 36,223
Seachange International, Inc. (I)(L) 7,519 59,024
Sourcefire, Inc. (I)(L) 7,660 375,570
SS&C Technologies Holdings, Inc. (I) 8,752 220,638
Synchronoss Technologies, Inc. (I)(L) 7,180 164,422
Take-Two Interactive Software, Inc. (I) 20,217 210,863
Tangoe, Inc. (I)(L) 7,729 101,482
TeleNav, Inc. (I) 4,617 27,563
TiVo, Inc. (I) 32,468 338,641
Tyler Technologies, Inc. (I)(L) 7,810 343,796
Ultimate Software Group, Inc. (I) 6,899 704,388
VASCO Data Security International, Inc. (I)(L) 7,380 69,224
Verint Systems, Inc. (I) 5,674 155,695
VirnetX Holding Corp. (I)(L) 10,879 276,653
Websense, Inc. (I) 9,637 150,819
 
    12,877,779
    53,277,275
Materials - 5.0%    
Chemicals - 2.1%    
A. Schulman, Inc. 7,588 180,746
ADA-ES, Inc. (I)(L) 2,404 56,758
American Vanguard Corp. 7,197 250,456
Arabian American    
Development Company (I)(L) 5,356 52,435
Balchem Corp. 7,589 278,744
Calgon Carbon Corp. (I)(L) 14,730 210,786
Chemtura Corp. (I) 25,454 438,318
Ferro Corp. (I) 22,670 77,758
Flotek Industries, Inc. (I)(L) 12,751 161,555
FutureFuel Corp. 4,903 59,375
Georgia Gulf Corp. (L) 8,855 320,728
GSE Holding, Inc. (I)(L) 2,405 18,879
H.B. Fuller Company 12,865 394,698
Hawkins, Inc. (L) 2,391 99,346
Innophos Holdings, Inc. 5,641 273,532
Innospec, Inc. (I) 5,951 201,858
KMG Chemicals, Inc. 2,142 39,627
Koppers Holdings, Inc. (L) 5,353 186,980
Kraton Performance Polymers, Inc. (I) 8,338 217,622
Landec Corp. (I) 6,963 79,726
LSB Industries, Inc. (I) 4,865 213,428
Minerals Technologies, Inc. 4,558 323,299
Olin Corp. 20,622 448,116
OM Group, Inc. (I) 8,361 155,013
OMNOVA Solutions, Inc. (I) 12,058 91,279
PolyOne Corp. 23,170 383,927
Quaker Chemical Corp. 3,346 156,158
Sensient Technologies Corp. 12,876 473,322
Spartech Corp. (I) 8,003 42,816

 

Small Cap Index Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Chemicals (continued)    
Stepan Company 2,181 $ 209,638
TPC Group, Inc. (I) 3,397 138,632
Tredegar Corp. 6,338 112,436
Zep, Inc. 5,868 88,724
Zoltek Companies, Inc. (I) 7,108 54,661
 
    6,491,376
Construction Materials - 0.3%    
Eagle Materials, Inc. 11,699 541,196
Headwaters, Inc. (I) 16,228 106,780
Texas Industries, Inc. (I)(L) 5,900 239,835
United States Lime & Minerals, Inc. (I) 485 23,382
 
    911,193
Containers & Packaging - 0.2%    
AEP Industries, Inc. (I) 1,141 69,133
Boise, Inc. 26,009 227,839
Graphic Packaging Holding Company (I) 43,284 251,480
Myers Industries, Inc. 8,655 135,191
UFP Technologies, Inc. (I) 1,560 27,440
 
    711,083
Metals & Mining - 1.6%    
A. M. Castle & Company (I)(L) 4,365 54,519
AK Steel Holding Corp. (L) 28,615 137,352
AMCOL International Corp. (L) 6,550 221,914
Century Aluminum Company (I) 13,548 96,868
Coeur d’Alene Mines Corp. (I) 23,161 667,732
General Moly, Inc. (I)(L) 18,283 57,957
Globe Specialty Metals, Inc. 15,873 241,587
Gold Reserve, Inc. (I) 13,926 45,120
Gold Resource Corp. (L) 7,716 165,508
Golden Minerals Company (I)(L) 7,604 39,693
Golden Star Resources, Ltd. (I)(L) 67,841 133,647
Haynes International, Inc. 3,174 165,524
Hecla Mining Company (L) 73,514 481,517
Horsehead Holding Corp. (I) 11,475 107,177
Kaiser Aluminum Corp. (L) 4,969 290,140
Materion Corp. (L) 5,321 126,640
McEwen Mining, Inc. (I)(L) 50,920 233,723
Metals USA Holdings Corp. (I) 2,937 39,268
Midway Gold Corp. (I) 30,524 50,059
Noranda Aluminum Holding Corp. (L) 8,648 57,855
Olympic Steel, Inc. (L) 2,545 42,960
Paramount Gold and Silver Corp. (I)(L) 33,969 90,358
Revett Minerals, Inc. (I) 7,075 25,187
RTI International Metals, Inc. (I)(L) 7,839 187,666
Schnitzer Steel Industries, Inc., Class A (L) 6,528 183,763
Stillwater Mining Company (I) 29,956 353,181
SunCoke Energy, Inc. (I) 18,038 290,773
U.S. Silica Holdings Inc. (I)(L) 3,006 40,761
Universal Stainless & Alloy (I) 1,834 68,133
US Antimony Corp. (I)(L) 14,304 27,893
Vista Gold Corp. (I)(L) 15,421 55,978
Worthington Industries, Inc. (L) 13,430 290,894
 
    5,071,347
Paper & Forest Products - 0.8%    
Buckeye Technologies, Inc. 10,176 326,243
Clearwater Paper Corp. (I)(L) 6,072 250,834
Deltic Timber Corp. (L) 2,819 183,968
KapStone Paper and Packaging Corp. (I) 10,468 234,379
Louisiana-Pacific Corp. (I)(L) 35,548 444,350
Neenah Paper, Inc. 4,057 116,192
P.H. Glatfelter Company (L) 10,981 195,572
Resolute Forest Products (I)(L) 20,704 269,152

 

296

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Small Cap Index Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Paper & Forest Products (continued)    
Schweitzer-Mauduit International, Inc. 8,019 $ 264,547
Wausau Paper Corp. (L) 11,507 106,555
 
    2,391,792
    15,576,791
Telecommunication Services - 0.8%    
Diversified Telecommunication Services - 0.7%    
8x8, Inc. (I) 18,650 122,344
Atlantic Tele-Network, Inc. 2,404 103,324
Cbeyond, Inc. (I) 7,146 70,460
Cincinnati Bell, Inc. (I)(L) 51,416 293,071
Cogent Communications Group, Inc. 12,209 280,685
Consolidated    
Communications Holdings, Inc. (L) 13,078 224,811
Fairpoint Communications, Inc. (I)(L) 5,399 40,816
General Communication, Inc., Class A (I) 9,831 96,344
Hawaiian Telcom Holdco, Inc. (I) 2,718 48,190
HickoryTech Corp. 3,915 41,421
IDT Corp., Class B 4,053 41,624
inContact, Inc. (I) 8,704 56,750
Iridium Communications, Inc. (I)(L) 12,973 94,962
Lumos Networks Corp. 4,034 31,707
magicJack VocalTec, Ltd. (I) 3,961 97,163
Neutral Tandem, Inc. (I) 7,382 69,243
ORBCOMM, Inc. (I) 9,800 36,652
Premiere Global Services, Inc. (I) 12,923 120,830
Primus Telecommunications Group, Inc. 3,290 50,238
Towerstream Corp. (I) 12,671 51,444
Vonage Holdings Corp. (I) 40,915 93,286
 
    2,065,365
Wireless Telecommunication Services - 0.1%    
Boingo Wireless, Inc. (I)(L) 4,251 33,753
Leap Wireless International, Inc. (I)(L) 13,959 95,200
NTELOS Holdings Corp. 3,843 66,753
Shenandoah Telecommunications Company (L) 6,409 112,798
USA Mobility, Inc. 5,789 68,715
 
    377,219
    2,442,584
Utilities - 3.6%    
Electric Utilities - 1.5%    
ALLETE, Inc. (L) 9,869 411,932
Cleco Corp. 15,699 659,044
El Paso Electric Company 10,355 354,659
IDACORP, Inc. 12,899 558,140
MGE Energy, Inc. 6,057 320,960
Otter Tail Corp. 9,349 223,067
PNM Resources, Inc. 20,613 433,491
Portland General Electric Company 19,413 524,928
The Empire District Electric Company 11,079 238,752
UIL Holdings Corp. (L) 13,108 470,053
Unitil Corp. (L) 3,755 102,211
UNS Energy Corp. 10,387 434,800
 
    4,732,037
Gas Utilities - 1.1%    
Chesapeake Utilities Corp. 2,580 122,189
New Jersey Resources Corp. 10,673 487,970
Northwest Natural Gas Company (L) 6,921 340,790
Piedmont Natural Gas Company, Inc. (L) 18,426 598,476
South Jersey Industries, Inc. 7,842 415,077
Southwest Gas Corp. 11,884 525,273
The Laclede Group, Inc. 5,865 252,195

 

Small Cap Index Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Gas Utilities (continued)    
WGL Holdings, Inc. 13,199 $ 531,260
 
    3,273,230
Independent Power Producers & Energy Traders - 0.3%  
Atlantic Power Corp. 28,989 433,675
Genie Energy, Ltd., B Shares 4,298 30,817
GenOn Energy, Inc. (I) 200,368 506,931
Ormat Technologies, Inc. (L) 4,726 88,613
 
    1,060,036
Multi-Utilities - 0.4%    
Avista Corp. (L) 15,174 390,579
Black Hills Corp. (L) 11,392 405,213
CH Energy Group, Inc. 3,902 254,449
NorthWestern Corp. 9,452 342,446
 
    1,392,687
Water Utilities - 0.3%    
American States Water Company (L) 4,828 214,508
Artesian Resources Corp., Class A 2,550 59,237
Cadiz, Inc. (I)(L) 3,922 38,083
California Water Service Group 10,748 200,450
Connecticut Water Service, Inc. (L) 2,497 79,630
Consolidated Water Company, Ltd. 4,302 35,578
Middlesex Water Company 4,474 85,722
SJW Corp. (L) 3,783 95,937
York Water Company 3,913 71,764
 
    880,909
 
    11,338,899
TOTAL COMMON STOCKS (Cost $226,673,557) $ 309,593,538
 
PREFERRED SECURITIES - 0.0%    
Health Care - 0.0%    
Health Care Equipment & Supplies - 0.0%    
Alere, Inc., 3.000% 4 811
TOTAL PREFERRED SECURITIES (Cost $680) $ 811
 
RIGHTS - 0.0%    
Hampton Roads Bankshares, Inc. (Strike    
Price $0.70) (I)(L)(N)(N) 2,635 8,277
TOTAL RIGHTS (Cost $5,728) $ 8,277
 
WARRANTS - 0.0%    
Magnum Hunter Resources (Expiration Date:    
10/14/2013; Strike Price: $10.50) (I)(L) 3,128 168
TOTAL WARRANTS (Cost $0) $ 168
 
SECURITIES LENDING COLLATERAL - 25.1%  
John Hancock Collateral    
Investment Trust, 0.3462% (W)(Y) 7,838,621 78,453,620
TOTAL SECURITIES LENDING    
COLLATERAL (Cost $78,449,129) $ 78,453,620

 

297

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Small Cap Index Trust (continued)    
  Shares or   
  Principal   
  Amount  Value
 
 
SHORT-TERM INVESTMENTS - 0.6%      
Repurchase Agreement - 0.6%      
Repurchase Agreement with State Street Corp.      
dated 09/28/2012 at 0.010% to be      
repurchased at $1,816,002 on 10/01/2012,      
collateralized by $1,365,000 U.S. Treasury      
Bond, 4.500% due 08/15/2039 (valued at      
$1,855,853, including interest) $  1,816,000 $ 1,816,000
TOTAL SHORT-TERM INVESTMENTS (Cost $1,816,000) $ 1,816,000
Total Investments (Small Cap Index Trust)      
(Cost $306,945,094) - 125.0%   $ 389,872,414
Other assets and liabilities, net - (25.0%)     (77,991,261)
TOTAL NET ASSETS - 100.0%   $ 311,881,153
 
 
 
Small Cap Opportunities Trust      
  Shares or   
  Principal   
  Amount  Value
 
COMMON STOCKS - 98.6%      
Consumer Discretionary - 15.6%      
Auto Components - 1.0%      
Cooper Tire & Rubber Company   843 $ 16,169
Dana Holding Corp. 43,187 531,200
Drew Industries, Inc. (I)   443 13,383
Exide Technologies (I)   8,927 27,674
Federal-Mogul Corp. (I)   5,140 47,031
Fuel Systems Solutions, Inc. (I)(L)   778 13,374
Modine Manufacturing Company (I)   6,862 50,642
Motorcar Parts of America, Inc. (I)   2,433 11,751
Quantum Fuel Systems      
Technologies Worldwide, Inc. (I)   163 129
Shiloh Industries, Inc.   1,515 16,998
Spartan Motors, Inc.   7,540 37,700
Standard Motor Products, Inc.   3,972 73,164
Superior Industries International, Inc.   4,944 84,493
TRW Automotive Holdings Corp. (I) 14,063 614,694
 
      1,538,402
Automobiles - 0.4%      
Thor Industries, Inc. 14,929 542,221
Distributors - 0.1%      
Core-Mark Holding Company, Inc.   1,976 95,065
VOXX International Corp. (I)   1,834 13,718
Weyco Group, Inc.   336 8,182
 
      116,965
Diversified Consumer Services - 0.3%      
Ascent Capital Group, Inc., Class A (I)   3,168 171,104
Carriage Services, Inc.   1,797 17,377
Corinthian Colleges, Inc. (I)(L)   1,851 4,405
Education Management Corp. (I)(L)   372 1,157
K12, Inc. (I)   9 182
Lincoln Educational Services Corp.   1,100 4,620
Mac-Gray Corp.   1,524 20,437
Matthews International Corp., Class A (L)   407 12,137
Regis Corp. (L)   8,945 164,409
School Specialty, Inc. (I)   2,286 5,258
Service Corp. International   2,126 28,616
Steiner Leisure, Ltd. (I)   300 13,965
Stewart Enterprises, Inc., Class A (L)   723 6,070
 
      449,737

 

Small Cap Opportunities Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Hotels, Restaurants & Leisure - 2.8%    
Ambassadors Group, Inc. 202 $ 1,091
Ark Restaurants Corp. 64 1,066
Bally Technologies, Inc. (I)(L) 12,322 608,584
Biglari Holdings, Inc. (I) 314 114,629
Bluegreen Corp. (I) 7,150 44,902
Bob Evans Farms, Inc. 4,378 171,311
Boyd Gaming Corp. (I)(L) 12,417 87,664
Canterbury Park Holding Corp. 200 2,030
Carrols Restaurant Group, Inc. (I) 4,349 25,050
Churchill Downs, Inc. 2,448 153,539
DineEquity, Inc. (I)(L) 15,956 893,536
Dover Downs Gaming & Entertainment, Inc. 2,170 5,403
Dover Motorsports, Inc. (I) 400 556
Frisch’s Restaurants, Inc. 257 5,101
Full House Resorts, Inc. (I) 2,390 8,963
Gaming Partners International Corp. 800 5,080
International Speedway Corp., Class A 4,386 124,431
Isle of Capri Casinos, Inc. (I) 6,889 47,879
Life Time Fitness, Inc. (I)(L) 3,000 137,220
Luby’s, Inc. (I) 6,251 42,069
Marcus Corp. 3,816 42,358
Monarch Casino & Resort, Inc. (I) 1,278 11,131
MTR Gaming Group, Inc. (I) 4,193 17,653
Multimedia Games Holding Company, Inc. (I) 2,560 40,269
Orient-Express Hotels, Ltd., Class A (I)(L) 12,313 109,586
Papa John’s International, Inc. (I) 13,620 727,444
Red Lion Hotels Corp. (I) 3,000 18,750
Red Robin Gourmet Burgers, Inc. (I)(L) 4,000 130,240
Rick’s Cabaret International, Inc. (I) 2,439 20,195
Ruby Tuesday, Inc. (I) 9,400 68,150
Ryman Hospitality Properties (I) 7,000 276,710
Scientific Games Corp., Class A (I) 2,128 17,599
Speedway Motorsports, Inc. 7,130 109,802
The Wendy’s Company 40,088 182,400
Vail Resorts, Inc. (L) 1,354 78,058
WMS Industries, Inc. (I)(L) 786 12,875
 
    4,343,324
Household Durables - 2.6%    
Acme United Corp. 733 8,664
Bassett Furniture Industries, Inc. 2,333 29,046
Beazer Homes USA, Inc. 13,500 47,925
Blyth, Inc. (L) 538 13,983
Cavco Industries, Inc. (I)(L) 606 27,809
CSS Industries, Inc. 976 20,057
D.R. Horton, Inc. (L) 1,204 24,851
Emerson Radio Corp. (I) 4,869 9,933
Flexsteel Industries, Inc. 355 7,349
Furniture Brands International, Inc. (I)(L) 9,800 14,210
Helen of Troy, Ltd. (I) 4,013 127,734
Hooker Furniture Corp. 2,555 33,189
Jarden Corp. (I) 2,332 123,223
Kid Brands, Inc. (I) 3,500 5,355
La-Z-Boy, Inc. (I) 62,971 921,266
Lennar Corp., Class A (L) 20,500 712,785
Lennar Corp., Class B 1,969 53,045
Lifetime Brands, Inc. 2,000 23,820
M/I Homes, Inc. (I) 3,580 69,237
MDC Holdings, Inc. (L) 1,526 58,766
Meritage Homes Corp. (I) 28,598 1,087,582
Mohawk Industries, Inc. (I) 4,400 352,088
NACCO Industries, Inc., Class A 1,100 137,951
Skyline Corp. (I) 1,252 6,773
Standard Pacific Corp. (I)(L) 483 3,265
Stanley Furniture Company, Inc. (I) 2,340 11,396

 

298

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Small Cap Opportunities Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Household Durables (continued)    
The Ryland Group, Inc. (L) 1,159 $ 34,770
Universal Electronics, Inc. (I) 237 4,166
 
    3,970,238
Internet & Catalog Retail - 0.0%    
1-800-Flowers.com, Inc., Class A (I) 4,819 17,975
dELiA*s, Inc. (I) 5,085 7,068
Gaiam, Inc., Class A (I) 3,676 12,829
Shutterfly, Inc. (I)(L) 676 21,037
 
    58,909
Leisure Equipment & Products - 0.3%    
Arctic Cat, Inc. (I) 1,748 72,472
Brunswick Corp. 7,574 171,400
Callaway Golf Company (L) 11,857 72,802
Cybex International, Inc. (I) 446 642
JAKKS Pacific, Inc. (L) 2,278 33,190
Johnson Outdoors, Inc., Class A (I) 200 4,278
LeapFrog Enterprises, Inc. (I) 3,693 33,311
Nautilus, Inc. (I) 2,868 7,514
Smith & Wesson Holding Corp. (I)(L) 3,256 35,849
Steinway Musical Instruments, Inc. (I) 3,066 74,688
 
    506,146
Media - 1.2%    
AH Belo Corp., Class A 4,238 20,470
Ballantyne Strong, Inc. (I) 1,114 4,634
Beasley Broadcasting Group, Inc. (I) 502 2,450
Clear Channel Outdoor    
Holdings, Inc., Class A (I) 1,588 9,496
Dial Global, Inc. (I) 1,138 3,084
Digital Generation, Inc. (I)(L) 1,400 15,904
DreamWorks Animation    
SKG, Inc., Class A (I)(L) 2,595 49,902
Entercom    
Communications Corp., Class A (I)(L) 882 6,051
Fisher Communications, Inc. 1,962 72,123
Gray Television, Inc. (I) 10,200 23,256
Harte-Hanks, Inc. 2,183 15,128
Journal Communications, Inc., Class A (I) 8,698 45,230
Lee Enterprises, Inc. (I) 1,225 1,813
Live Nation Entertainment, Inc. (I) 15,589 134,221
Martha Stewart Living    
Omnimedia, Inc., Class A 2,100 6,447
Media General, Inc., Class A (I)(L) 4,268 22,108
Meredith Corp. (L) 2,100 73,500
Navarre Corp. (I) 4,100 6,396
New Frontier Media, Inc. (I) 3,784 5,033
Outdoor Channel Holdings, Inc. 1,482 10,789
Radio One, Inc., Class D (I) 2,600 2,158
Salem Communications Corp., Class A 2,700 14,148
Scholastic Corp. (L) 1,457 46,303
The EW Scripps Company, Class A (I) 5,260 56,019
The Interpublic Group of Companies, Inc. 72,728 808,735
The Madison Square Garden, Inc., Class A (I) 3,612 145,455
The McClatchy Company, Class A (I) 11,095 24,742
The New York Times Company, Class A (I) 1,495 14,591
The Washington Post Company, Class B (L) 694 251,943
Valassis Communications, Inc. (I) 503 12,419
 
    1,904,548
Multiline Retail - 0.7%    
Dillard’s, Inc., Class A (L) 9,244 668,526
Fred’s, Inc., Class A 6,647 94,587
Saks, Inc. (I)(L) 25,582 263,750
The Bon-Ton Stores, Inc. 306 2,907

 

Small Cap Opportunities Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Multiline Retail (continued)    
Tuesday Morning Corp. (I) 3,900 $ 25,545
 
    1,055,315
Specialty Retail - 5.0%    
Americas Car-Mart, Inc. (I) 1,246 56,656
Barnes & Noble, Inc. (I)(L) 9,769 124,848
bebe stores, Inc. 91,472 439,066
Big 5 Sporting Goods Corp. 827 8,229
Books-A-Million, Inc. (I)(L) 3,850 11,281
Brown Shoe Company, Inc. (L) 7,015 112,450
Build-A-Bear Workshop, Inc. (I)(L) 3,889 15,167
Cabela’s, Inc. (I) 12,117 662,558
Cache, Inc. (I) 2,727 8,645
Casual Male Retail Group, Inc. (I) 4,708 21,798
Christopher & Banks Corp. (I) 6,438 22,597
Citi Trends, Inc. (I) 337 4,231
Collective Brands, Inc. (I) 10,024 217,621
Conn’s, Inc. (I)(L) 7,967 175,672
Foot Locker, Inc. 12,148 431,254
GameStop Corp., Class A (L) 14,100 296,100
Genesco, Inc. (I)(L) 11,105 741,037
GNC Holdings, Inc., Class A 19,536 761,318
Group 1 Automotive, Inc. (L) 3,464 208,637
Haverty Furniture Companies, Inc. 3,990 55,381
hhgregg, Inc. (I)(L) 2,951 20,362
Hot Topic, Inc. (L) 3,633 31,607
Lithia Motors, Inc., Class A (L) 5,007 166,783
MarineMax, Inc. (I)(L) 4,789 39,701
New York & Company, Inc. (I) 10,714 40,178
Office Depot, Inc. (I) 16,863 43,169
OfficeMax, Inc. (L) 10,476 81,818
Pacific Sunwear of California, Inc. (I)(L) 12,800 32,000
Penske Automotive Group, Inc. (L) 32,632 981,897
Perfumania Holdings, Inc. (I) 848 6,106
Pier 1 Imports, Inc. (L) 47,645 892,867
RadioShack Corp. (L) 7,908 18,821
Rent-A-Center, Inc. 7,599 266,573
Shoe Carnival, Inc. 3,229 75,978
Stage Stores, Inc. (L) 5,877 123,770
Stein Mart, Inc. (I) 4,251 36,176
Systemax, Inc. (I) 1,683 19,876
The Men’s Wearhouse, Inc. (L) 7,100 244,453
The Pep Boys - Manny, Moe & Jack (I)(L) 8,900 90,602
The Wet Seal, Inc., Class A (I)(L) 5,693 17,933
West Marine, Inc. (I) 4,205 44,699
Zale Corp. (I) 5,800 40,020
 
    7,689,935
Textiles, Apparel & Luxury Goods - 1.2%    
Carter’s, Inc. (I) 2,214 119,202
Charles & Colvard, Ltd. (I) 343 1,238
Culp, Inc. 230 2,705
Delta Apparel, Inc. (I) 500 6,885
G-III Apparel Group, Ltd. (I)(L) 1,800 64,620
Heelys, Inc. (I) 1,794 3,229
Iconix Brand Group, Inc. (I)(L) 8,941 163,084
K-Swiss, Inc., Class A (I) 4,879 16,735
Lakeland Industries, Inc. (I) 1,110 6,893
Maidenform Brands, Inc. (I) 480 9,830
Movado Group, Inc. 3,138 105,813
Perry Ellis International, Inc. (I) 2,800 61,740
PVH Corp. 8,060 755,383
Quiksilver, Inc. (I) 24,200 80,344
RG Barry Corp. 537 7,915
Rocky Brands, Inc. (I) 1,478 17,071

 

299

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Small Cap Opportunities Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Textiles, Apparel & Luxury Goods (continued)    
Skechers U.S.A., Inc., Class A (I)(L) 5,966 $ 121,706
Tandy Brands Accessories, Inc. (I) 300 411
The Jones Group, Inc. 12,700 163,449
Unifi, Inc. (I) 3,647 46,755
 
    1,755,008
    23,930,748
Consumer Staples - 3.7%    
Beverages - 0.2%    
Central European Distribution Corp. (I)(L) 6,619 18,864
Coca-Cola Bottling Company Consolidated 101 6,878
Constellation Brands, Inc., Class A (I) 9,374 303,249
Craft Brewers Alliance, Inc. (I) 2,909 22,836
MGP Ingredients, Inc. 2,764 10,558
 
    362,385
Food & Staples Retailing - 0.8%    
Ingles Markets, Inc., Class A 2,425 39,649
Nash Finch Company 2,050 41,861
Spartan Stores, Inc. 3,767 57,673
SUPERVALU, Inc. (L) 9,285 22,377
Susser Holdings Corp. (I)(L) 3,144 113,718
The Andersons, Inc. 2,523 95,016
The Pantry, Inc. (I) 3,699 53,820
United Natural Foods, Inc. (I) 13,171 769,845
Weis Markets, Inc. 2,432 102,947
 
    1,296,906
Food Products - 2.1%    
Alico, Inc. 341 10,649
Cal-Maine Foods, Inc. (L) 600 26,964
Chiquita Brands International, Inc. (I)(L) 7,667 58,576
Diamond Foods, Inc. (L) 800 15,056
Dole Food Company, Inc. (I)(L) 12,705 178,251
Farmer Brothers Company (I) 1,033 9,824
Fresh Del Monte Produce, Inc. 9,412 240,947
Ingredion, Inc. 13,606 750,507
Omega Protein Corp. (I) 4,487 30,781
Pilgrim’s Pride Corp. (I) 1,425 7,282
Post Holdings, Inc. (I) 2,423 72,835
Ralcorp Holdings, Inc. (I) 2,176 158,848
Seneca Foods Corp., Class A (I) 1,409 42,073
Smart Balance, Inc. (I)(L) 9,489 114,627
Smithfield Foods, Inc. (I) 21,963 431,573
Snyders-Lance, Inc. 1,477 36,925
The Hain Celestial Group, Inc. (I) 6,737 424,431
Tootsie Roll Industries, Inc. (L) 130 3,507
TreeHouse Foods, Inc. (I) 10,708 562,170
 
    3,175,826
Household Products - 0.3%    
Central Garden & Pet Company (I) 2,553 30,355
Central Garden & Pet Company, Class A (I) 6,081 73,458
Oil-Dri Corp of America 531 12,287
Orchids Paper Products Company 544 9,814
Spectrum Brands Holdings, Inc. (I) 7,513 300,595
 
    426,509
Personal Products - 0.1%    
CCA Industries, Inc. 1,277 5,440
Inter Parfums, Inc. 1,132 20,716
Mannatech Inc (I) 276 1,410
Natural Alternatives International, Inc. (I) 200 1,232
Nutraceutical International Corp. (I) 2,093 32,986

 

Small Cap Opportunities Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Personal Products (continued)    
Prestige Brands Holdings, Inc. (I)(L) 9,377 $ 159,034
 
    220,818
Tobacco - 0.2%    
Alliance One International, Inc. (I)(L) 14,184 45,814
Universal Corp. (L) 3,597 183,159
 
    228,973
    5,711,417
Energy - 7.1%    
Energy Equipment & Services - 4.2%    
Basic Energy Services, Inc. (I)(L) 8,104 90,927
Bolt Technology Corp. 1,328 19,097
Bristow Group, Inc. 5,929 299,711
Cal Dive International, Inc. (I) 12,162 18,608
Dawson Geophysical Company (I) 1,653 41,755
Dresser-Rand Group, Inc. (I)(L) 13,700 755,007
ENGlobal Corp. (I) 5,500 2,918
Exterran Holdings, Inc. (I) 8,722 176,882
Global Geophysical Services, Inc. (I) 4,342 23,924
Gulf Islands Fabrication, Inc. 3,019 84,140
Gulfmark Offshore, Inc., Class A (I) 4,500 148,680
Helix Energy Solutions Group, Inc. (I) 14,220 259,799
Hercules Offshore, Inc. (I) 20,985 102,407
Hornbeck Offshore Services, Inc. (I)(L) 5,300 194,245
Key Energy Services, Inc. (I) 4,235 29,645
Lufkin Industries, Inc. (L) 8,044 432,928
Matrix Service Company (I) 1,783 18,846
Mitcham Industries, Inc. (I) 2,431 38,726
Nabors Industries, Ltd. (I) 13,964 195,915
Natural Gas Services Group, Inc. (I) 2,620 39,169
Newpark Resources, Inc. (I)(L) 12,359 91,580
Oceaneering International, Inc. 14,494 800,794
Oil States International, Inc. (I) 9,758 775,371
Parker Drilling Company (I) 21,964 92,908
Patterson-UTI Energy, Inc. (L) 13,905 220,255
PHI, Inc. (I) 3,660 115,144
Pioneer Energy Services Corp. (I) 13,400 104,386
Rowan Companies PLC, Class A (I) 12,819 432,898
SEACOR Holdings, Inc. (I) 2,593 216,152
Tesco Corp. (I) 105 1,121
TETRA Technologies, Inc. (I) 9,546 57,753
TGC Industries, Inc. (I) 2,434 17,525
Tidewater, Inc. 5,564 270,021
Union Drilling, Inc. (I) 5,429 35,234
Unit Corp. (I) 4,557 189,116
Willbros Group, Inc. (I) 5,700 30,609
 
    6,424,196
Oil, Gas & Consumable Fuels - 2.9%    
Adams Resources & Energy, Inc. 101 3,081
Alon USA Energy, Inc. 7,477 102,435
Approach Resources, Inc. (I) 366 11,028
Berry Petroleum Company, Class A (L) 759 30,838
Bill Barrett Corp. (I)(L) 3,100 76,787
BPZ Resources, Inc. (I) 6,231 17,821
Clayton Williams Energy, Inc. (I)(L) 538 27,917
Cloud Peak Energy, Inc. (I)(L) 722 13,068
Comstock Resources, Inc. (I)(L) 5,875 107,983
Contango Oil & Gas Company (I) 600 29,484
CREDO Petroleum Corp. (I) 175 2,536
Crimson Exploration, Inc. (I) 4,217 18,007
Crosstex Energy, Inc. (L) 2,370 33,251
CVR Energy, Inc. (I) 12,800 0
Delek US Holdings, Inc. 9,835 250,694

 

300

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Small Cap Opportunities Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Oil, Gas & Consumable Fuels (continued)    
DHT Holdings, Inc. 1,143 $ 7,158
Double Eagle Petroleum &    
Mining Company (I)(L) 2,117 11,707
Endeavour International Corp. (I)(L) 2,157 20,858
Energen Corp. 13,094 686,257
EPL Oil & Gas, Inc. (I) 9,082 184,274
Forest Oil Corp. (I) 2,153 18,193
Green Plains Renewable Energy, Inc. (I)(L) 7,544 44,208
Halcon Resources Corp. (I) 1 4
Harvest Natural Resources, Inc. (I)(L) 5,978 53,324
HKN, Inc. (I) 1,950 3,842
Magnum Hunter Resources Corp. (I)(L) 916 4,067
Overseas Shipholding Group, Inc. (L) 4,700 31,020
PDC Energy, Inc. (I)(L) 3,720 117,664
Penn Virginia Corp. (L) 7,585 47,027
Plains Exploration & Production Company (I) 3,519 131,857
Rex Energy Corp. (I)(L) 3,448 46,031
Rosetta Resources, Inc. (I) 15,055 721,135
SemGroup Corp., Class A (I) 157 5,785
Ship Finance International, Ltd. (L) 2,324 36,533
Stone Energy Corp. (I)(L) 1,923 48,306
Swift Energy Company (I) 5,094 106,363
Teekay Corp. 300 9,360
Tesoro Corp. 20,200 846,380
Triangle Petroleum Corp. (I)(L) 2,529 18,108
USEC, Inc. (I)(L) 18,439 14,382
Vaalco Energy, Inc. (I)(L) 4,367 37,338
Warren Resources, Inc. (I) 3,681 11,190
Western Refining, Inc. 20,442 535,172
 
    4,522,473
    10,946,669
Financials - 22.6%    
Capital Markets - 1.8%    
Affiliated Managers Group, Inc. (I) 5,580 686,340
American Capital, Ltd. (I) 55,500 629,370
Calamos Asset Management, Inc., Class A 1,184 13,782
Capital Southwest Corp. (L) 848 94,934
Cowen Group, Inc., Class A (I) 1,830 4,941
E*TRADE Financial Corp. (I) 17,069 150,378
Evercore Partners, Inc., Class A 20,695 558,765
FirstCity Financial Corp. (I) 2,100 16,863
GFI Group, Inc. (L) 8,390 26,680
Harris & Harris Group, Inc. (I) 5,338 20,231
ICG Group, Inc. (I) 128 1,300
INTL. FCStone, Inc. (I)(L) 258 4,917
Investment Technology Group, Inc. (I) 2,461 21,411
Janus Capital Group, Inc. (L) 1,739 16,416
JMP Group, Inc. 3,000 16,470
KBW, Inc. (L) 1,181 19,451
Knight Capital Group, Inc., Class A (I) 8,089 21,679
Legg Mason, Inc. 11,318 279,328
MCG Capital Corp. (L) 14,059 64,812
Medallion Financial Corp. 2,675 31,592
Oppenheimer Holdings, Inc., Class A 488 7,784
Piper Jaffray Companies (I)(L) 800 20,360
Safeguard Scientifics, Inc. (I) 2,397 37,609
SWS Group, Inc. (I)(L) 6,700 40,937
 
    2,786,350
Commercial Banks - 8.7%    
1st Source Corp. 3,630 80,840
1st United Bancorp, Inc. (I) 1,425 9,191
Alliance Financial Corp. 66 2,654
American National Bankshares, Inc. 543 12,266

 

Small Cap Opportunities Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Commercial Banks (continued)    
Ameris Bancorp (I)(L) 3,287 $ 41,383
Associated Banc-Corp. 11,775 155,077
Bancfirst Corp. 500 21,480
BancTrust Financial Group, Inc. (I) 4,650 13,997
Banner Corp. 1,837 49,783
Bar Harbor Bankshares 236 8,435
BBCN Bancorp, Inc. (I) 8,868 111,825
BCB Bancorp, Inc. 221 2,374
Boston Private Financial Holdings, Inc. (L) 68,546 657,356
Bridge Bancorp, Inc. 87 2,028
Bryn Mawr Bank Corp. 774 17,369
C&F Financial Corp. 63 2,479
Camden National Corp. 601 22,261
Capital Bank Financial Corp., Class A (I) 513 9,225
Capital City Bank Group, Inc. (I)(L) 3,946 41,985
Cardinal Financial Corp. 5,843 83,555
Cathay General Bancorp 9,018 155,651
Center Bancorp, Inc. (L) 2,875 34,270
Centerstate Banks, Inc. 1,287 11,480
Century Bancorp, Inc., Class A 94 3,000
Chemical Financial Corp. 3,570 86,394
City Holding Company 1,035 37,094
CoBiz Financial, Inc. 5,646 39,522
Columbia Banking System, Inc. 4,112 76,236
Commerce Bancshares, Inc. 18,752 756,268
Community Bank Systems, Inc. (L) 1,500 42,285
Community Trust Bancorp, Inc. 1,441 51,206
CVB Financial Corp. (L) 68,094 813,042
East West Bancorp, Inc. 34,280 723,994
Enterprise Bancorp, Inc. 236 4,031
Enterprise Financial Services Corp. 2,969 40,378
Fidelity Southern Corp. 1,607 15,205
Financial Institutions, Inc. 1,481 27,606
First Bancorp North Carolina 3,559 41,035
First Bancorp, Inc. Maine 335 5,879
First Busey Corp. 5,297 25,849
First California Financial Group, Inc. (I) 324 2,255
First Commonwealth Financial Corp. (L) 15,940 112,377
First Community Bancshares, Inc. 1,888 28,811
First Financial Bancorp 900 15,219
First Financial Corp. 1,220 38,235
First Interstate Bancsystem, Inc. 578 8,647
First Merchants Corp. 4,925 73,924
First Midwest Bancorp, Inc. 7,500 94,125
First Niagara Financial Group, Inc. 877 7,095
First South Bancorp, Inc. (I) 1,628 7,928
FirstMerit Corp. 1,250 18,413
FNB Corp. (L) 71,665 803,365
German American Bancorp, Inc. 509 12,277
Glacier Bancorp, Inc. 3,200 49,856
Great Southern Bancorp, Inc. 1,037 32,054
Hanmi Financial Corp. (I) 1,473 18,869
Heartland Financial USA, Inc. (L) 1,235 33,678
Heritage Commerce Corp. (I) 2,996 20,792
Heritage Financial Corp. 378 5,681
Horizon Bancorp 148 4,230
Hudson Valley Holding Corp. 677 11,543
Iberiabank Corp. (L) 930 42,594
Independent Bank Corp. (L) 2,831 85,185
Independent Bank Corp. - Michigan (I) 206 558
International Bancshares Corp. 8,607 163,963
Intervest Bancshares Corp., Class A (I) 1,311 4,982
Lakeland Bancorp, Inc. 3,795 39,278
Lakeland Financial Corp. 1,562 43,111
Macatawa Bank Corp. (I)(L) 8,394 26,105

 

301

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Small Cap Opportunities Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Commercial Banks (continued)    
MainSource Financial Group, Inc. 4,125 $ 52,965
MB Financial, Inc. 8,647 170,778
MBT Financial Corp. (I) 3,023 7,950
Mercantile Bank Corp. (I) 1,266 21,699
Merchants Bancshares, Inc. 373 11,022
Metro Bancorp, Inc. (I) 709 8,983
MidSouth Bancorp, Inc. 729 11,803
National Penn Bancshares, Inc. 20,821 189,679
NBT Bancorp, Inc. (L) 1,200 26,484
NewBridge Bancorp. (I) 1,494 7,231
North Valley Bancorp (I) 244 3,316
Northrim BanCorp, Inc. 311 6,264
Old National Bancorp 11,100 151,071
Old Second Bancorp, Inc. (I)(L) 2,721 3,918
OmniAmerican Bancorp, Inc. (I) 1,342 30,504
Oriental Financial Group, Inc. 6,515 68,538
Pacific Continental Corp. 424 3,786
Pacific Mercantile Bancorp (I) 2,510 16,415
Pacific Premier Bancorp Inc (I) 133 1,270
PacWest Bancorp 983 22,973
Peapack Gladstone Financial Corp. 586 9,575
Peoples Bancorp, Inc. 2,153 49,282
Pinnacle Financial Partners, Inc. (I)(L) 6,152 118,857
Popular, Inc. (I) 8,132 141,741
Preferred Bank (I) 220 3,120
Renasant Corp. 4,209 82,517
Republic Bancorp, Inc., Class A (L) 927 20,348
S&T Bancorp, Inc. 2,124 37,404
Sandy Spring Bancorp, Inc. 3,480 66,990
SCBT Financial Corp. 1,053 42,415
Seacoast Banking Corp. of Florida (I) 1,900 3,021
Sierra Bancorp 1,489 18,255
Simmons First National Corp., Class A (L) 1,196 29,129
Somerset Hills Bancorp 315 2,615
Southern Community Financial Corp. (I) 3,274 11,033
Southside Bancshares, Inc. 1,313 28,637
Southwest Bancorp, Inc. (I) 4,604 49,953
StellarOne Corp. 4,142 54,509
Sterling Bancorp 2,183 21,655
Sun Bancorp, Inc. (I) 4,742 15,981
Susquehanna Bancshares, Inc. 105,953 1,108,253
Synovus Financial Corp. (L) 31,100 73,707
Taylor Capital Group, Inc. (I) 1,999 34,223
Texas Capital Bancshares, Inc. (I)(L) 16,385 814,498
The Bancorp, Inc. (I) 4,862 49,933
Tompkins Financial Corp. 334 13,534
TowneBank 2,772 42,495
Trico Bancshares 800 13,224
Trustmark Corp. 2,386 58,075
UMB Financial Corp. 480 23,366
Umpqua Holdings Corp. (L) 15,568 200,672
Union First Market Bankshares Corp. 3,984 61,991
United Bankshares, Inc. 100 2,491
Univest Corp. of Pennsylvania 1,571 28,278
Virginia Commerce Bancorp, Inc. (I) 5,893 51,564
Washington Banking Company 2,041 28,921
Washington Trust Bancorp, Inc. 2,598 68,249
Webster Financial Corp. 32,290 765,273
WesBanco, Inc. 4,870 100,858
West Bancorp, Inc. 486 5,856
West Coast Bancorp 1,945 43,801
Western Alliance Bancorp (I) 11,898 121,360
Wilshire Bancorp, Inc. (I) 3,502 22,063
Wintrust Financial Corp. (L) 26,052 978,774
Yadkin Valley Financial Corp. (I) 3,532 11,656

 

Small Cap Opportunities Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Commercial Banks (continued)    
Zions Bancorporation 42,695 $ 881,865
 
    13,369,804
Consumer Finance - 0.2%    
Cash America International, Inc. (L) 3,600 138,852
Nelnet, Inc., Class A 4,156 98,663
Nicholas Financial, Inc. 75 968
The First Marblehead Corp. (I)(L) 8,341 8,758
 
    247,241
Diversified Financial Services - 0.5%    
Marlin Business Services Corp. 1,698 36,015
MicroFinancial, Inc. 1,154 10,559
NewStar Financial, Inc. (I) 11,166 133,880
PHH Corp. (I)(L) 8,966 182,458
PICO Holdings, Inc. (I) 1,320 30,122
Resource America, Inc., Class A 3,450 23,598
The NASDAQ OMX Group, Inc. 18,187 423,666
 
    840,298
Insurance - 7.6%    
Allied World Assurance Company Holdings AG 4,400 339,900
Alterra Capital Holdings, Ltd. 10,867 260,156
American Equity Investment Life    
Holding Company (L) 9,878 114,881
American Financial Group, Inc. 32,473 1,230,727
American National Insurance Company 2,350 168,801
American Safety Insurance Holdings, Ltd. (I) 2,154 40,258
AMERISAFE, Inc. (I) 2,300 62,422
Argo Group International Holdings, Ltd. 4,728 153,140
Arthur J. Gallagher & Company 22,576 808,672
Aspen Insurance Holdings, Ltd. 11,100 338,439
Assurant, Inc. 10,606 395,604
Assured Guaranty, Ltd. 19,657 267,728
Axis Capital Holdings, Ltd. 11,512 401,999
Baldwin & Lyons, Inc., Class B 47 1,124
CNO Financial Group, Inc. 40,256 388,470
Donegal Group, Inc., Class A 3,550 49,842
Eastern Insurance Holdings, Inc. 2,342 39,275
EMC Insurance Group, Inc. 1,920 40,320
Employers Holdings, Inc. 1,400 25,662
Endurance Specialty Holdings, Ltd. 6,600 254,100
Enstar Group, Ltd. (I) 1,114 111,010
FBL Financial Group, Inc., Class A (L) 4,934 163,809
Federated National Holding Co (I) 1,090 6,496
First Acceptance Corp. (I) 7,986 9,184
First American Financial Corp. 11,608 251,545
Flagstone Reinsurance Holdings SA 11,831 101,628
Genworth Financial, Inc., Class A (I) 200 1,046
Global Indemnity PLC (I) 2,945 64,437
Greenlight Capital Re, Ltd., Class A (I) 1,300 32,175
Hallmark Financial Services, Inc. (I) 4,008 32,625
Hilltop Holdings, Inc. (I) 10,034 127,532
Homeowners Choice, Inc. (L) 1,229 28,882
Horace Mann Educators Corp. 6,694 121,228
Independence Holding Company 3,958 39,857
Investors Title Company 69 4,502
Kemper Corp. 9,673 297,058
Maiden Holdings, Ltd. 5,125 45,561
Markel Corp. (I) 1,584 726,248
Meadowbrook Insurance Group, Inc. 8,411 64,681
Montpelier Re Holdings, Ltd. 10,711 237,034
National Financial Partners Corp. (I)(L) 7,720 130,468
National Interstate Corp. 944 24,355
Old Republic International Corp. 16,351 152,064
OneBeacon Insurance Group, Ltd., Class A (L) 2,200 29,568

 

302

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Small Cap Opportunities Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Insurance (continued)    
PartnerRe, Ltd. 5,314 $ 394,724
Platinum Underwriters Holdings, Ltd. (L) 5,800 237,046
Presidential Life Corp. 606 8,442
Primerica, Inc. 140 4,010
Protective Life Corp. 5,969 156,447
Reinsurance Group of America, Inc. 9,576 554,163
RLI Corp. 248 16,532
Safety Insurance Group, Inc. 1,810 83,043
SeaBright Holdings, Inc. 3,501 38,511
Selective Insurance Group, Inc. 5,508 104,597
StanCorp Financial Group, Inc. (L) 5,033 157,231
State Auto Financial Corp. 4,187 68,625
Stewart Information Services Corp. (L) 3,766 75,847
Symetra Financial Corp. 353 4,342
The Hanover Insurance Group, Inc. 5,700 212,382
The Navigators Group, Inc. (I) 2,206 108,590
The Phoenix Companies, Inc. (I) 1,082 33,182
Tower Group, Inc. 5,416 105,016
United Fire Group, Inc. 2,908 73,049
Universal Insurance Holdings, Inc. 3,586 13,806
Validus Holdings, Ltd. 9,357 317,296
W.R. Berkley Corp. 20,120 754,299
 
    11,705,693
Real Estate Investment Trusts - 2.0%    
DCT Industrial Trust, Inc. (L) 135,700 877,979
Douglas Emmett, Inc. 32,200 742,854
Education Realty Trust, Inc. 65,700 716,130
LaSalle Hotel Properties 26,091 696,369
 
    3,033,332
Real Estate Management & Development - 0.6%    
Alexander & Baldwin, Inc. (I) 6,896 203,639
AV Homes, Inc. (I) 2,398 35,586
Consolidated-Tomoka Land Company (L) 500 16,445
Forestar Group, Inc. (I)(L) 1,413 23,541
Jones Lang LaSalle, Inc. 7,981 609,349
Thomas Properties Group, Inc. 4,109 23,914
ZipRealty, Inc. (I) 900 2,538
 
    915,012
Thrifts & Mortgage Finance - 1.2%    
Astoria Financial Corp. (L) 11,661 115,211
Atlantic Coast Financial Corp. (I) 105 206
Bank Mutual Corp. 4,606 20,957
BankFinancial Corp. 4,835 42,500
BBX Capital Corp., Class A (I) 879 5,678
Beneficial Mutual Bancorp, Inc. (I) 1,544 14,761
Berkshire Hill Bancorp, Inc. (L) 3,823 87,470
BofI Holding, Inc. (I) 2,469 64,317
Brookline Bancorp, Inc. 4,958 43,730
Cape Bancorp, Inc. (I) 551 5,157
Dime Community Bancshares, Inc. 3,131 45,212
Doral Financial Corp. (I) 5,700 5,362
ESB Financial Corp. 222 3,099
ESSA Bancorp, Inc. 2,461 25,570
Federal Agricultural Mortgage Corp., Class C 1,713 44,093
First Defiance Financial Corp. 1,620 27,961
First Financial Holdings, Inc. 3,484 45,257
First Financial Northwest, Inc. (I) 2,425 19,521
Flushing Financial Corp. 4,247 67,103
Fox Chase Bancorp, Inc. 362 5,654
Hampden Bancorp, Inc. 1,142 14,446
Hingham Institution for Savings 16 1,031
Home Bancorp, Inc. (I) 527 9,481
Home Federal Bancorp, Inc. 2,355 26,659

 

Small Cap Opportunities Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Thrifts & Mortgage Finance (continued)    
Hopfed Bancorp, Inc. 416 $ 3,099
Hudson City Bancorp, Inc. 10,866 86,493
Kaiser Federal Financial Group, Inc. 1,732 26,136
Louisiana Bancorp, Inc. (I) 100 1,604
Meridian Interstate Bancorp, Inc. (I) 2,279 37,604
MGIC Investment Corp. (I) 23,698 36,258
New England Bancshares, Inc. 100 1,369
Northeast Community Bancorp, Inc. 1,932 10,781
Northfield Bancorp, Inc. (L) 2,152 34,475
OceanFirst Financial Corp. 1,700 24,939
Oritani Financial Corp. 249 3,747
People’s United Financial, Inc. 25,292 307,045
Provident Financial Holdings, Inc. 1,778 25,265
Provident Financial Services, Inc. 5,151 81,334
Provident New York Bancorp 172 1,619
Pulaski Financial Corp. 245 2,021
Radian Group, Inc. (L) 18,184 78,919
Riverview Bancorp, Inc. (I) 882 1,164
Rockville Financial, Inc. 1,399 17,138
Roma Financial Corp. 100 890
Teche Holding Company 71 2,862
Territorial Bancorp, Inc. 405 9,295
TierOne Corp. (I) 2,328 0
Tree.com, Inc. (I) 2,270 35,571
TrustCo Bank Corp. 3,637 20,804
United Financial Bancorp, Inc. 1,910 27,638
ViewPoint Financial Group 2,600 49,842
Walker & Dunlop, Inc. (I) 160 2,459
Washington Federal, Inc. 9,681 161,479
Waterstone Financial, Inc. (I) 2,000 10,380
Westfield Financial, Inc. 4,152 31,098
WSFS Financial Corp. 53 2,188
 
    1,875,952
    34,773,682
Health Care - 9.4%    
Biotechnology - 0.6%    
Astex Pharmaceuticals (I) 6,662 20,452
Celldex Therapeutics, Inc. (I)(L) 5,264 33,163
Cubist Pharmaceuticals, Inc. (I) 16,225 773,608
Enzon Pharmaceuticals, Inc. (I) 583 4,058
Infinity Pharmaceuticals, Inc. (I) 306 7,206
Maxygen, Inc. 5,405 14,269
MediciNova, Inc. (I) 1,406 2,671
Momenta Pharmaceuticals, Inc. (I) 116 1,690
Myrexis, Inc. (I) 3,408 8,281
Repligen Corp. (I) 1,386 8,261
Synageva BioPharma Corp. (I) 769 41,088
 
    914,747
Health Care Equipment & Supplies - 3.1%    
Alere, Inc. (I) 12,975 252,883
Alphatec Holdings, Inc. (I) 8,403 13,865
Analogic Corp. 600 46,902
AngioDynamics, Inc. (I) 4,195 51,179
Anika Therapeutics, Inc. (I) 3,350 50,317
Cantel Medical Corp. 2,388 64,667
CONMED Corp. 3,500 99,750
CryoLife, Inc. 1,800 12,096
Cutera, Inc. (I) 2,853 21,312
Cynosure, Inc., Class A (I) 2,139 56,427
Digirad Corp. (I) 3,100 6,417
Exactech, Inc. (I) 1,003 17,883
Greatbatch, Inc. (I) 3,939 95,836
Haemonetics Corp. (I) 10,288 825,098

 

303

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Small Cap Opportunities Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Health Care Equipment & Supplies (continued)    
Invacare Corp. 4,327 $ 61,184
Kewaunee Scientific Corp. 83 947
LeMaitre Vascular, Inc. 1,115 7,158
Medical Action Industries, Inc. (I) 1,293 4,513
Misonix, Inc. (I) 500 2,095
Natus Medical, Inc. (I) 2,910 38,034
NuVasive, Inc. (I)(L) 290 6,644
Orthofix International NV (I) 9,105 407,449
Palomar Medical Technologies, Inc. (I) 1,177 11,111
Rochester Medical Corp. (I) 866 10,227
RTI Biologics, Inc. (I) 12,463 51,971
Solta Medical, Inc. (I) 355 1,115
SurModics, Inc. (I) 1,476 29,845
Symmetry Medical, Inc. (I) 6,511 64,394
Teleflex, Inc. 13,998 963,622
The Cooper Companies, Inc. 5,291 499,788
TranS1, Inc. (I) 1,881 4,966
West Pharmaceutical Services, Inc. 200 10,614
Wright Medical Group, Inc. (I)(L) 44,431 982,369
Young Innovations, Inc. 679 26,549
 
    4,799,227
Health Care Providers & Services - 3.5%    
Almost Family, Inc. (I)(L) 685 14,577
Amedisys, Inc. (I)(L) 1,941 26,805
AMN Healthcare Services, Inc. (I) 4,149 41,739
Amsurg Corp. (I)(L) 32,472 921,555
Assisted Living Concepts, Inc., Class A (L) 3,648 27,834
BioScrip, Inc. (I) 5,283 48,128
Capital Senior Living Corp. (I) 5,538 80,135
CardioNet, Inc. (I) 381 960
Community Health Systems, Inc. (I) 11,400 332,196
Coventry Health Care, Inc. 20,100 837,969
Cross Country Healthcare, Inc. (I) 2,192 10,346
Dynacq Healthcare, Inc. (I) 600 334
ExamWorks Group, Inc. (I) 360 5,371
Five Star Quality Care, Inc. (I) 8,754 44,733
Gentiva Health Services, Inc. (I)(L) 8,350 94,522
Hanger, Inc. (I) 1,700 48,501
Healthways, Inc. (I) 5,277 61,794
IPC The Hospitalist Company, Inc. (I) 15,154 692,538
Kindred Healthcare, Inc. (I) 3,757 42,755
LHC Group, Inc. (I) 1,308 24,159
LifePoint Hospitals, Inc. (I) 6,064 259,418
Magellan Health Services, Inc. (I) 1,300 67,093
Medcath Corp. 3,806 5,214
Molina Healthcare, Inc. (I) 5,413 136,137
National Healthcare Corp. (L) 855 40,818
Omnicare, Inc. 10,905 370,443
Owens & Minor, Inc. 234 6,992
PDI, Inc. (I) 619 4,933
PharMerica Corp. (I) 3,833 48,526
Select Medical Holdings Corp. (I) 2,945 33,072
Sun Healthcare Group, Inc. (I) 2,633 22,288
SunLink Health Systems, Inc. (I) 100 154
The Ensign Group, Inc. 358 10,957
The Providence Service Corp. (I) 1,220 15,848
Triple-S Management Corp., Class B (I)(L) 3,459 72,293
Universal American Corp. (I) 11,614 107,313
Universal Health Services, Inc., Class B 17,316 791,861
 
    5,350,311
Health Care Technology - 0.1%    
Arrhythmia Research Technology, Inc. 200 424
MedAssets, Inc. (I) 5,638 100,356

 

Small Cap Opportunities Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Health Care Technology (continued)    
Omnicell, Inc. (I) 3,587 $ 49,859
 
    150,639
Life Sciences Tools & Services - 1.0%    
Affymetrix, Inc. (I)(L) 11,100 48,063
Albany Molecular Research, Inc. (I) 1,700 5,899
Bio-Rad Laboratories, Inc., Class A (I) 6,320 674,470
BioClinica, Inc. (I) 3,000 19,170
Cambrex Corp. (I) 6,472 75,917
Charles River    
Laboratories International, Inc. (I) 17,351 687,100
Enzo Biochem, Inc. (I) 4,047 8,256
Harvard Bioscience, Inc. (I) 6,562 27,757
 
    1,546,632
Pharmaceuticals - 1.1%    
Auxilium Pharmaceuticals, Inc. (I) 27,916 682,825
Cumberland Pharmaceuticals, Inc. (I) 956 6,176
Endo Health Solutions, Inc. (I) 19,703 624,979
FRD Acquisition Company (I) 5,160 11,249
Hi-Tech Pharmacal Company, Inc. (I) 800 26,488
Lannett Company, Inc. (I) 4,175 20,165
Pozen, Inc. (I)(L) 2,238 14,838
Sciclone Pharmaceuticals, Inc. (I)(L) 2,144 11,899
ViroPharma, Inc. (I)(L) 12,380 374,124
 
    1,772,743
    14,534,299
Industrials - 15.9%    
Aerospace & Defense - 1.4%    
AAR Corp. 5,809 95,384
Aerovironment, Inc. (I) 23,178 543,988
Allied Defense Group, Inc. (I) 1,300 4,095
Ceradyne, Inc. (L) 4,747 115,969
CPI Aerostructures, Inc. (I) 966 10,471
Curtiss-Wright Corp. 6,151 201,138
DigitalGlobe, Inc. (I) 10 204
Ducommun, Inc. (I) 2,274 30,926
Esterline Technologies Corp. (I) 4,048 227,255
GeoEye, Inc. (I)(L) 682 18,025
Huntington Ingalls Industries, Inc. (I) 113 4,752
Innovative Solutions & Support, Inc. (I) 2,300 9,154
Kratos Defense &    
Security Solutions, Inc. (I)(L) 2,919 17,047
LMI Aerospace, Inc. (I) 2,295 46,910
Moog, Inc., Class A (I) 392 14,845
Orbital Sciences Corp. (I) 2,209 32,163
SIFCO Industries, Inc. 1,000 18,200
Sparton Corp. (I) 2,053 25,970
Sypris Solutions, Inc. 1,826 13,038
Triumph Group, Inc. 12,304 769,369
 
    2,198,903
Air Freight & Logistics - 0.5%    
Air Transport Services Group, Inc. (I) 11,029 48,528
Atlas Air Worldwide Holdings, Inc. (I)(L) 3,546 183,080
Pacer International, Inc. (I) 3,311 13,178
UTi Worldwide, Inc. 35,045 472,056
XPO Logistics, Inc. (I)(L) 977 11,958
 
    728,800
Airlines - 0.2%    
Hawaiian Holdings, Inc. (I)(L) 4,411 24,657
JetBlue Airways Corp. (I)(L) 31,980 153,184
Republic Airways Holdings, Inc. (I)(L) 7,820 36,207

 

304

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Small Cap Opportunities Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Airlines (continued)    
SkyWest, Inc. 7,577 $ 78,270
    292,318
Building Products - 0.8%    
Ameresco, Inc., Class A (I) 373 4,405
American Woodmark Corp. (I) 1,495 29,855
Apogee Enterprises, Inc. 5,284 103,672
Builders FirstSource, Inc. (I)(L) 300 1,557
Gibraltar Industries, Inc. (I) 5,765 73,907
Griffon Corp. (L) 10,738 110,601
Insteel Industries, Inc. (L) 2,944 34,533
Owens Corning, Inc. (I) 16,508 552,358
PGT, Inc. (I) 3,718 12,195
Quanex Building Products Corp. 339 6,387
Simpson Manufacturing Company, Inc. 1,100 31,482
Trex Company, Inc. (I) 1,599 54,558
Universal Forest Products, Inc. (L) 2,665 110,704
US Home Systems, Inc. 456 5,686
 
    1,131,900
Commercial Services & Supplies - 2.7%    
ABM Industries, Inc. 30,519 577,725
Acorn Energy, Inc. (L) 1,776 15,842
American Reprographics Company (I) 4,498 19,206
Asset Acceptance Capital Corp. (I) 4,739 35,353
Asta Funding, Inc. 2,925 27,466
Casella Waste Systems, Inc., Class A (I) 1,923 8,230
CECO Environmental Corp. 1,115 10,894
Consolidated Graphics, Inc. (I) 1,633 42,605
Courier Corp. 1,704 20,823
Covanta Holding Corp. 2,922 50,142
Encore Capital Group, Inc. (I) 510 14,413
EnergySolutions, Inc. (I) 8,765 23,928
Ennis, Inc. 4,881 80,097
Fuel Tech, Inc. (I) 1,802 7,514
G&K Services, Inc., Class A 2,329 72,921
Interface, Inc. (L) 59,402 784,700
Intersections, Inc. 1,976 20,827
KAR Auction Services, Inc. (I) 547 10,798
Kimball International, Inc., Class B 4,427 54,098
McGrath RentCorp. (L) 2,338 60,998
Metalico, Inc. (I)(L) 7,400 18,944
Mobile Mini, Inc. (I) 6,846 114,397
Multi-Color Corp. 1,568 36,315
NL Industries, Inc. 368 4,228
Portfolio Recovery Associates, Inc. (I) 318 33,209
Schawk, Inc. 3,541 46,210
Standard Register Company 900 639
Sykes Enterprises, Inc. (I) 3,354 45,078
Team, Inc. (I)(L) 24,692 786,440
Tetra Tech, Inc. (I) 1,400 36,764
The Geo Group, Inc. 9,834 272,107
UniFirst Corp. 2,303 153,817
United Stationers, Inc. (L) 1,448 37,677
Versar, Inc. (I) 2,242 7,488
Viad Corp. 3,488 72,760
Virco Manufacturing Corp. (I) 1,200 2,844
Waste Connections, Inc. (L) 19,506 590,057
 
    4,197,554
Construction & Engineering - 0.9%    
AECOM Technology Corp. (I) 6,538 138,344
Aegion Corp. (I) 1,700 32,572
Comfort Systems USA, Inc. 4,063 44,409
Dycom Industries, Inc. (I) 7,907 113,703
EMCOR Group, Inc. 704 20,092

 

Small Cap Opportunities Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Construction & Engineering (continued)    
Granite Construction, Inc. (L) 4,576 $ 131,423
Great Lakes Dredge & Dock Corp. 10,990 84,623
Integrated Electrical Services, Inc. (I) 620 2,821
Layne Christensen Company (I) 3,312 64,948
MasTec, Inc. (I) 689 13,573
Michael Baker Corp. (I) 499 11,906
MYR Group, Inc. (I) 1,887 37,646
Northwest Pipe Company (I)(L) 1,600 39,440
Pike Electric Corp. (I) 4,803 38,184
Quanta Services, Inc. (I) 7,609 187,942
Sterling Construction Company, Inc. (I) 2,470 24,651
The Shaw Group, Inc. (I) 101 4,406
Tutor Perini Corp. (I) 8,135 93,064
URS Corp. 7,746 273,511
 
    1,357,258
Electrical Equipment - 1.0%    
Allied Motion Technologies, Inc. 400 2,640
AZZ, Inc. 800 30,384
Belden, Inc. 20,889 770,386
Brady Corp., Class A (L) 6,100 178,608
Encore Wire Corp. 3,894 113,938
EnerSys, Inc. (I) 2,536 89,495
Generac Holdings, Inc. 191 4,372
General Cable Corp. (I)(L) 4,481 131,652
Global Power Equipment Group, Inc. 423 7,821
LSI Industries, Inc. 4,131 27,843
Ocean Power Technologies, Inc. (I) 2,429 7,093
Orion Energy Systems, Inc. (I) 3,553 6,964
Powell Industries, Inc. (I) 1,071 41,416
PowerSecure International, Inc. (I) 3,120 18,689
Preformed Line Products Company 176 9,559
SL Industries, Inc. (I) 1,600 22,720
Ultralife Corp. (I) 1,984 6,170
 
    1,469,750
Industrial Conglomerates - 0.1%    
Seaboard Corp. 58 131,088
Standex International Corp. 859 38,183
 
    169,271
Machinery - 4.7%    
Actuant Corp., Class A (L) 401 11,477
Alamo Group, Inc. 2,127 71,850
Albany International Corp., Class A (L) 4,234 93,021
Altra Holdings, Inc. (L) 302 5,496
American Railcar Industries, Inc. (I) 4,020 113,927
Ampco-Pittsburgh Corp. 1,644 30,332
Astec Industries, Inc. (I)(L) 1,000 31,610
Barnes Group, Inc. 2,420 60,524
Briggs & Stratton Corp. (L) 7,292 136,142
Cascade Corp. 1,476 80,796
CIRCOR International, Inc. 909 34,315
Columbus McKinnon Corp. (I) 3,511 53,051
Douglas Dynamics, Inc. (L) 2,706 40,022
Dynamic Materials Corp. 662 9,943
Energy Recovery, Inc. (I)(L) 2,317 6,858
EnPro Industries, Inc. (I)(L) 2,641 95,102
ESCO Technologies, Inc. 2,576 100,078
Federal Signal Corp. (I) 11,813 74,658
Flow International Corp. (I) 6,450 23,865
FreightCar America, Inc. 1,748 31,097
Gardner Denver, Inc. 8,584 518,559
Gencor Industries, Inc. (I) 1,400 10,402
Greenbrier Companies, Inc. (I)(L) 4,803 77,520
Hardinge, Inc. 3,000 30,750

 

305

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Small Cap Opportunities Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Machinery (continued)    
Harsco Corp. 1,756 $ 36,051
Hurco Companies, Inc. (I) 1,492 34,137
IDEX Corp. 16,323 681,812
Kaydon Corp. 3,300 73,722
Key Technology, Inc. (I) 641 6,154
LB Foster Company, Class A 931 30,109
Lydall, Inc. (I) 2,409 33,943
Met-Pro Corp. 2,097 18,768
MFRI, Inc. (I) 1,100 6,380
Miller Industries, Inc. 2,386 38,295
Mueller Industries, Inc. (L) 1,648 74,935
Mueller Water Products, Inc., Class A 19,856 97,294
NN, Inc. (I) 1,204 10,222
Oshkosh Corp. (I) 4,710 129,195
Terex Corp. (I)(L) 6,553 147,967
The Eastern Company 428 8,021
Titan International, Inc. (L) 35,004 618,171
Trimas Corp. (I)(L) 35,314 851,421
Trinity Industries, Inc. 24,040 720,479
Valmont Industries, Inc. 7,433 977,440
Watts Water Technologies, Inc., Class A (L) 23,047 871,868
 
    7,207,779
Marine - 0.1%    
Baltic Trading, Ltd. 180 581
Eagle Bulk Shipping, Inc. (I)(L) 3,351 12,097
Excel Maritime Carriers, Ltd. (I)(L) 15,211 10,572
Genco Shipping & Trading, Ltd. (I)(L) 5,700 20,976
International Shipholding Corp. 848 14,306
Matson, Inc. (L) 6,896 144,195
 
    202,727
Professional Services - 0.6%    
Barrett Business Services, Inc. 1,499 40,623
CBIZ, Inc. (I)(L) 9,052 54,493
CDI Corp. 3,270 55,688
CRA International, Inc. (I) 2,371 40,971
Franklin Covey Company (I) 3,500 42,000
FTI Consulting, Inc. (I) 997 26,600
GP Strategies Corp. (I) 3,946 76,237
Heidrick & Struggles International, Inc. 1,508 19,212
Hill International, Inc. (I) 3,347 14,593
Hudson Global, Inc. (I) 4,800 21,408
ICF International, Inc. (I) 1,848 37,145
Kelly Services, Inc., Class A 5,507 69,388
Kforce, Inc. (I) 463 5,459
Korn/Ferry International (I) 1,957 30,001
Manpower, Inc. 2,729 100,427
National Technical Systems, Inc. (I) 1,146 8,687
Navigant Consulting Company (I)(L) 6,495 71,770
On Assignment, Inc. (I) 9,160 182,467
RCM Technologies, Inc. (I) 300 1,632
Resources Connection, Inc. 2,283 29,930
The Dolan Company (I) 5,314 28,589
Volt Information Sciences, Inc. (I) 2,445 15,770
VSE Corp. 194 4,751
 
    977,841
Road & Rail - 1.5%    
Amerco, Inc. 1,708 181,663
Arkansas Best Corp. 3,461 27,411
Avis Budget Group, Inc. (I)(L) 17,100 262,998
Celadon Group, Inc. 1,209 19,429
Covenant Transport, Inc. (I) 1,373 6,316
Frozen Food Express Industries (I) 800 1,576
Knight Transportation, Inc. 152 2,174

 

Small Cap Opportunities Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Road & Rail (continued)    
Landstar System, Inc. 11,613 $ 549,063
Marten Transport, Ltd. 3,706 65,114
Old Dominion Freight Line, Inc. (I) 25,180 759,429
P.A.M. Transportation Services, Inc. 2,046 20,388
Patriot Transportation Holding, Inc. (I) 67 1,868
RailAmerica, Inc. (I) 3,159 86,778
Roadrunner Transportation Systems, Inc. (I) 1,086 17,571
Ryder Systems, Inc. 6,900 269,514
Saia, Inc. (I) 2,642 53,210
Universal Truckload Services, Inc. 686 10,955
USA Truck, Inc. (I) 2,076 7,557
Werner Enterprises, Inc. (L) 800 17,096
 
    2,360,110
Trading Companies & Distributors - 1.4%    
Aceto Corp. 5,823 55,027
Aircastle, Ltd. 13,051 147,868
Beacon Roofing Supply, Inc. (I)(L) 34,313 977,921
CAI International, Inc. (I) 2,900 59,508
GATX Corp. (L) 7,598 322,459
H&E Equipment Services, Inc. (L) 9,156 110,971
KSW, Inc. 700 3,486
Lawson Products, Inc. 1,291 8,934
Rush Enterprises, Inc., Class A (I) 1,300 25,038
Rush Enterprises, Inc., Class B (I) 12,598 211,772
SeaCube Container Leasing, Ltd. (L) 527 9,881
TAL International Group, Inc. (L) 5,250 178,395
Titan Machinery, Inc. (I) 2,816 57,108
Willis Lease Finance Corp. (I) 406 5,010
 
    2,173,378
    24,467,589
Information Technology - 15.2%    
Communications Equipment - 1.3%    
Anaren, Inc. (I) 1,881 37,601
Arris Group, Inc. (I) 18,453 236,014
Aviat Networks, Inc. (I) 10,732 25,542
Aware, Inc. 4,448 28,022
Bel Fuse, Inc., Class B 1,641 30,654
Black Box Corp. (L) 2,530 64,540
Brocade Communications Systems, Inc. (I) 6,070 35,904
Calix, Inc. (I)(L) 1,910 12,224
Communications Systems, Inc. 1,800 20,304
Comtech Telecommunications Corp. (L) 3,221 89,028
Digi International, Inc. (I) 4,813 48,900
EchoStar Corp., Class A (I) 4,285 122,808
Emulex Corp. (I) 3,023 21,796
Extreme Networks, Inc. (I) 8,105 27,071
Globecomm Systems, Inc. (I)(L) 5,296 59,050
Harmonic, Inc. (I) 6,801 30,877
JDS Uniphase Corp. (I) 57,326 709,983
KVH Industries, Inc. (I) 2,778 37,475
Oclaro, Inc. (I)(L) 5,040 13,608
Oplink Communications, Inc. (I) 3,231 53,441
Optical Cable Corp. 931 4,255
Performance Technologies, Inc. (I) 2,000 2,720
Relm Wireless Corp. (I) 2,100 3,759
Sonus Networks, Inc. (I) 5,300 9,964
Sycamore Networks, Inc. 5,162 79,495
Symmetricom, Inc. (I) 5,034 35,087
Tellabs, Inc. 24,724 87,523
Telular Corp. 2,776 27,482
Tessco Technologies, Inc. 1,750 37,048
UTStarcom Holdings Corp. (I) 7,966 8,205

 

306

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Small Cap Opportunities Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Communications Equipment (continued)    
Westell Technologies, Inc., Class A (I) 8,500 $ 18,190
    2,018,570
Computers & Peripherals - 0.2%    
Avid Technology, Inc. (I) 8,133 76,938
Concurrent Computer Corp. 1,651 7,413
Cray, Inc. (I) 2,251 28,588
Datalink Corp. (I) 392 3,246
Dot Hill Systems Corp. (I) 1,830 1,958
Electronics for Imaging, Inc. (I) 5,466 90,790
Hutchinson Technology, Inc. (I)(L) 5,052 8,790
Imation Corp. (I)(L) 6,647 37,157
Intermec, Inc. (I) 1,849 11,482
Intevac, Inc. (I) 3,801 23,224
Novatel Wireless, Inc. (I) 6,508 12,886
Presstek, Inc. (I) 4,185 2,051
Rimage Corp. 958 6,467
STEC, Inc. (I)(L) 901 6,082
Xyratex, Ltd. 2,438 22,430
 
    339,502
Electronic Equipment, Instruments & Components - 3.7%  
ADDvantage Technologies Group, Inc. (I) 428 916
Agilysys, Inc. (I) 862 7,413
Arrow Electronics, Inc. (I) 16,966 571,924
Avnet, Inc. (I) 13,242 385,210
AVX Corp. 10,386 99,602
Benchmark Electronics, Inc. (I) 8,843 135,033
Checkpoint Systems, Inc. (I) 5,678 47,014
Chyron International Corp. (I) 200 206
Coherent, Inc. (I) 1,083 49,666
CTS Corp. 2,914 29,344
Electro Rent Corp. 3,773 66,744
Electro Scientific Industries, Inc. 50,517 617,318
Fabrinet (I) 433 5,018
GSI Group, Inc. (I) 1,912 17,036
ID Systems, Inc. (I) 2,235 12,874
Identive Group, Inc. (I) 4,331 3,725
Ingram Micro, Inc., Class A (I) 5,036 76,698
Insight Enterprises, Inc. (I) 6,949 121,469
IntriCon Corp. (I) 100 505
Itron, Inc. (I)(L) 907 39,137
KEMET Corp. (I) 2,976 13,094
Key Tronic Corp. (I) 1,900 18,848
Measurement Specialties, Inc. (I) 1,855 61,178
Mercury Computer Systems, Inc. (I) 966 10,259
Methode Electronics, Inc. 5,814 56,454
Multi-Fineline Electronix, Inc. (I) 1,634 36,847
Napco Security Technologies, Inc. (I) 1,164 3,946
Newport Corp. (I) 5,207 57,589
OSI Systems, Inc. (I) 15,384 1,197,491
PAR Technology Corp. (I) 3,132 17,069
Park Electrochemical Corp. 1,464 36,351
PC Connection, Inc. 4,352 50,092
PC Mall, Inc. (I) 3,055 17,963
Perceptron, Inc. (I) 1,608 10,050
Planar Systems, Inc. (I) 5,100 6,885
Plexus Corp. (I) 1,321 40,013
Radisys Corp. (I) 5,279 19,004
Richardson Electronics, Ltd. 2,584 30,672
Rofin-Sinar Technologies, Inc. (I)(L) 202 3,985
Rogers Corp. (I)(L) 2,200 93,192
Sanmina-SCI Corp. (I) 80,673 684,914
ScanSource, Inc. (I) 1,172 37,527
SMTC Corp. (I) 490 1,490

 

Small Cap Opportunities Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Electronic Equipment, Instruments &    
Components (continued)    
SYNNEX Corp. (I)(L) 5,668 $ 184,663
Tech Data Corp. (I) 6,414 290,554
TTM Technologies, Inc. (I)(L) 11,598 109,369
Viasystems Group, Inc. (I) 720 12,456
Vicon Industries, Inc. (I) 126 378
Vishay Intertechnology, Inc. (I)(L) 21,716 213,468
Vishay Precision Group, Inc. (I) 1,653 23,109
Zygo Corp. (I) 2,368 43,311
 
    5,669,073
Internet Software & Services - 1.2%    
AOL, Inc. (I) 6,729 237,063
Blucora, Inc. (I) 6,814 121,357
DealerTrack Holdings, Inc. (I) 1,082 30,134
Digital River, Inc. (I) 2,704 45,049
EarthLink, Inc. 16,621 118,342
IAC/InterActiveCorp 93 4,842
Internap Network Services Corp. (I) 11,043 77,853
Keynote Systems, Inc. 1,300 18,824
KIT Digital, Inc. (I)(L) 7,126 21,378
Limelight Networks, Inc. (I)(L) 1,615 3,779
Looksmart, Ltd. (I) 700 602
Marchex, Inc., Class B 2,445 9,340
Market Leader, Inc. (I) 700 4,690
Monster Worldwide, Inc. (I)(L) 1,474 10,804
Perficient, Inc. (I) 2,608 31,479
QuinStreet, Inc. (I)(L) 3,213 26,957
RealNetworks, Inc. (I) 5,862 48,772
Reis, Inc. (I) 300 3,432
Soundbite Communications, Inc. (I) 3,800 8,740
TechTarget, Inc. (I) 2,617 15,466
TheStreet.com, Inc. (I) 8,757 13,398
United Online, Inc. 13,619 75,177
ValueClick, Inc. (I) 48,219 828,885
XO Group, Inc. (I) 3,926 32,782
 
    1,789,145
IT Services - 2.3%    
Acxiom Corp. (I) 3,452 63,068
CACI International, Inc., Class A (I)(L) 4,374 226,529
CIBER, Inc. (I) 13,394 46,477
Computer Sciences Corp. 241 7,763
Convergys Corp. (L) 17,071 267,503
CoreLogic, Inc. (I) 11,608 307,960
CSG Systems International, Inc. (I) 1,319 29,664
Dynamics Research Corp. (I) 1,898 13,001
Global Cash Access Holdings, Inc. (I) 2,285 18,394
Heartland Payment Systems, Inc. 23,649 749,200
Jack Henry & Associates, Inc. 20,366 771,871
Mantech International Corp., Class A (L) 3,617 86,808
MAXIMUS, Inc. (L) 14,074 840,499
ModusLink Global Solutions, Inc. (I) 7,816 28,841
NCI, Inc., Class A (I) 156 1,073
Official Payments Holdings Inc (I) 809 3,988
Online Resources Corp. (I) 6,260 18,342
StarTek, Inc. (I) 3,143 9,429
The Hackett Group, Inc. (I) 7,525 31,455
Virtusa Corp. (I) 1,796 31,915
WPCS International, Inc. (I) 1,200 541
 
    3,554,321
Semiconductors & Semiconductor Equipment - 3.5%  
Advanced Energy Industries, Inc. (I) 3,450 42,504
Aetrium (I) 650 585
Alpha & Omega Semiconductor, Ltd. (I) 965 8,309

 

307

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Small Cap Opportunities Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Semiconductors & Semiconductor Equipment (continued)  
Amkor Technology, Inc. (I)(L) 9,473 $ 41,681
ANADIGICS, Inc. (I) 11,169 15,525
ATMI, Inc. (I) 4,545 84,401
Axcelis Technologies, Inc. (I) 5,100 5,355
AXT, Inc. (I) 4,229 14,294
Brooks Automation, Inc. (L) 6,536 52,484
BTU International, Inc. (I) 1,318 2,900
Cascade Microtech, Inc. (I) 1,892 10,747
Cohu, Inc. 4,192 39,363
Cree, Inc. (I)(L) 2,983 76,156
Cymer, Inc. (I)(L) 13,949 712,236
Diodes, Inc. (I)(L) 32,185 547,467
DSP Group, Inc. (I) 4,494 26,694
Exar Corp. (I) 8,586 68,688
FormFactor, Inc. (I) 7,875 44,021
FSI International, Inc. (I) 7,000 43,400
Gigoptix, Inc. (I) 931 1,778
GSI Technology, Inc. (I) 5,524 27,344
Ikanos Communications, Inc. (I) 4,125 5,734
Integrated Device Technology, Inc. (I)(L) 7,623 44,823
Integrated Silicon Solution, Inc. (I) 4,500 41,670
International Rectifier Corp. (I)(L) 7,029 117,314
Intersil Corp., Class A 10,660 93,275
IXYS Corp. (I) 2,555 25,346
Kopin Corp. (I) 5,238 19,695
Kulicke & Soffa Industries, Inc. (I) 696 7,238
Lam Research Corp. (I)(L) 19,240 611,543
Lattice Semiconductor Corp. (I) 118,798 454,996
LTX-Credence Corp. (I) 3,300 18,975
Mattson Technology, Inc. (I) 7,741 7,509
MEMSIC, Inc. (I) 3,797 6,037
Microsemi Corp. (I) 1,738 34,882
MKS Instruments, Inc. (L) 4,529 115,444
Monolithic Power Systems, Inc. (I) 931 18,387
OmniVision Technologies, Inc. (I)(L) 3,038 42,395
Pericom Semiconductor Corp. (I) 4,434 38,509
Photronics, Inc. (I)(L) 13,726 73,709
PLX Technology, Inc. (I) 2,508 14,471
PMC-Sierra, Inc. (I)(L) 7,730 43,597
Rudolph Technologies, Inc. (I) 2,357 24,749
Semtech Corp. (I) 30,150 758,273
Sigma Designs, Inc. (I) 5,587 36,930
Silicon Image, Inc. (I) 423 1,942
SunPower Corp. (I)(L) 1,520 6,855
Supertex, Inc. (I) 839 15,001
Tessera Technologies, Inc. 5,784 79,125
TriQuint Semiconductor, Inc. (I) 3,205 16,185
Ultra Clean Holdings (I) 1,700 9,707
Veeco Instruments, Inc. (I)(L) 22,866 686,437
 
    5,336,685
Software - 3.0%    
Accelrys, Inc. (I)(L) 4,589 39,741
Actuate Corp. (I) 53,459 375,817
AsiaInfo-Linkage, Inc. (I) 400 4,684
Cadence Design Systems, Inc. (I) 67,501 868,400
EPIQ Systems, Inc. 5,795 77,769
ePlus, Inc. (I) 1,364 53,496
GSE Systems, Inc. (I) 2,016 4,113
JDA Software Group, Inc. (I) 1,400 44,492
MicroStrategy, Inc., Class A (I)(L) 5,664 759,372
Parametric Technology Corp. (I) 27,776 605,517
Pervasive Software, Inc. (I) 1,000 8,600
Progress Software Corp. (I)(L) 1,004 21,476
Quest Software, Inc. (I) 979 27,412

 

Small Cap Opportunities Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Software (continued)    
Rosetta Stone, Inc. (I)(L) 826 $ 10,532
Seachange International, Inc. (I)(L) 5,428 42,610
Smith Micro Software, Inc. (I) 1,324 2,132
SS&C Technologies Holdings, Inc. (I) 35,601 897,501
TeleCommunication Systems, Inc., Class A (I) 7,641 16,505
THQ, Inc. (I) 463 1,713
TIBCO Software, Inc. (I) 25,002 755,810
 
    4,617,692
    23,324,988
Materials - 7.7%    
Chemicals - 2.3%    
A. Schulman, Inc. 4,138 98,567
American Pacific Corp. (I) 1,621 19,306
American Vanguard Corp. 2,042 71,062
Chase Corp. (L) 1,174 21,566
Chemtura Corp. (I) 1,600 27,552
Core Molding Technologies, Inc. (I) 1,000 7,310
Cytec Industries, Inc. 4,778 313,055
Ferro Corp. (I) 4,772 16,368
FMC Corp. (L) 14,196 786,174
Georgia Gulf Corp. (L) 2,394 86,711
Innophos Holdings, Inc. 15,188 736,466
Innospec, Inc. (I) 97 3,290
Intrepid Potash, Inc. (I) 800 17,184
KMG Chemicals, Inc. 1,101 20,369
Landec Corp. (I) 3,865 44,254
Minerals Technologies, Inc. 1,684 119,446
Olin Corp. (L) 3,892 84,573
OM Group, Inc. (I) 4,455 82,596
OMNOVA Solutions, Inc. (I) 1,742 13,187
Penford Corp. (I) 2,624 19,628
PolyOne Corp. 52,156 864,225
Sensient Technologies Corp. 1,092 40,142
Spartech Corp. (I) 5,607 29,997
Zoltek Companies, Inc. (I)(L) 6,760 51,984
 
    3,575,012
Construction Materials - 0.6%    
Eagle Materials, Inc. (L) 16,866 780,221
Headwaters, Inc. (I) 11,408 75,065
Texas Industries, Inc. (I)(L) 2,257 91,747
 
    947,033
Containers & Packaging - 1.1%    
Boise, Inc. 15,525 135,999
Graphic Packaging Holding Company (I) 167,349 972,298
Myers Industries, Inc. 6,330 98,875
Rock-Tenn Company, Class A 4,866 351,228
Sealed Air Corp. 4,933 76,264
 
    1,634,664
Metals & Mining - 2.4%    
A. M. Castle & Company (I)(L) 4,342 54,232
Allied Nevada Gold Corp. (I)(L) 5,438 212,408
Century Aluminum Company (I) 12,885 92,128
Coeur d’Alene Mines Corp. (I) 10,600 305,598
Commercial Metals Company 10,135 133,782
Compass Minerals International, Inc. 7,207 537,570
Detour Gold Corp. (I) 6,479 180,774
Friedman Industries, Inc. 1,511 15,397
Haynes International, Inc. 12,703 662,461
Horsehead Holding Corp. (I) 7,506 70,106
Kaiser Aluminum Corp. (L) 2,852 166,528
Materion Corp. (L) 2,446 58,215

 

308

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Small Cap Opportunities Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Metals & Mining (continued)    
Metals USA Holdings Corp. (I) 908 $ 12,140
Noranda Aluminum Holding Corp. 71 475
Olympic Steel, Inc. 2,383 40,225
Reliance Steel & Aluminum Company 10,500 549,675
RTI International Metals, Inc. (I)(L) 4,900 117,306
Schnitzer Steel Industries, Inc., Class A (L) 1,608 45,265
Steel Dynamics, Inc. 12,027 135,063
Synalloy Corp. 1,121 15,470
United States Steel Corp. (L) 6,490 123,764
Universal Stainless & Alloy (I)(L) 1,562 58,028
Worthington Industries, Inc. 5,308 114,971
 
    3,701,581
Paper & Forest Products - 1.3%    
Buckeye Technologies, Inc. 7,563 242,470
Clearwater Paper Corp. (I)(L) 600 24,786
Domtar Corp. 4,550 356,220
KapStone Paper and Packaging Corp. (I) 5,210 116,652
Louisiana-Pacific Corp. (I) 21,668 270,850
MeadWestvaco Corp. 1,275 39,015
Mercer International, Inc. (I) 10,058 75,033
Neenah Paper, Inc. 383 10,969
P.H. Glatfelter Company (L) 6,110 108,819
Schweitzer-Mauduit International, Inc. 22,099 729,046
Wausau Paper Corp. (L) 3,913 36,234
 
    2,010,094
    11,868,384
Telecommunication Services - 0.5%    
Diversified Telecommunication Services - 0.2%    
Atlantic Tele-Network, Inc. 300 12,894
Consolidated Communications Holdings, Inc. 128 2,200
Frontier Communications Corp. (L) 815 3,994
General Communication, Inc., Class A (I) 6,157 60,339
Hawaiian Telcom Holdco, Inc. (I) 243 4,308
HickoryTech Corp. 2,058 21,774
Iridium Communications, Inc. (I)(L) 9,684 70,887
Neutral Tandem, Inc. (I) 2,582 24,219
ORBCOMM, Inc. (I) 9,140 34,184
Premiere Global Services, Inc. (I)(L) 3,487 32,603
Primus Telecommunications Group, Inc. 472 7,207
 
    274,609
Wireless Telecommunication Services - 0.3%    
Leap Wireless International, Inc. (I)(L) 8,053 54,921
MetroPCS Communications, Inc. (I) 4,865 56,969
Shenandoah Telecommunications Company 58 1,021
Telephone & Data Systems, Inc. 11,308 289,598
United States Cellular Corp. (I) 3,700 144,781
USA Mobility, Inc. (L) 1,540 18,280
 
    565,570
    840,179
Utilities - 0.9%    
Gas Utilities - 0.6%    
UGI Corp. 29,529 937,546
Independent Power Producers & Energy Traders - 0.2%  
Genie Energy, Ltd., B Shares 503 3,607
GenOn Energy, Inc. (I) 72,630 183,754
NRG Energy, Inc. (L) 4,371 93,496
Ormat Technologies, Inc. (L) 2,857 53,569
 
    334,426
Water Utilities - 0.1%    
Consolidated Water Company, Ltd. 955 7,898

 

Small Cap Opportunities Trust (continued)  
  Shares or   
  Principal   
  Amount  Value
 
COMMON STOCKS (continued)      
Water Utilities (continued)      
SJW Corp. (L)   1,377 $ 34,921
 
      42,819
      1,314,791
TOTAL COMMON STOCKS (Cost $121,727,505)   $ 151,712,746
PREFERRED SECURITIES - 0.0%      
Energy - 0.0%      
DHT Holdings, Inc.   30 3,130
TOTAL PREFERRED SECURITIES (Cost $4,200)   $ 3,130
SECURITIES LENDING COLLATERAL - 19.0%    
John Hancock Collateral      
Investment Trust, 0.3462% (W)(Y) 2,923,165 29,256,791
TOTAL SECURITIES LENDING      
COLLATERAL (Cost $29,254,938)   $ 29,256,791
SHORT-TERM INVESTMENTS - 0.5%      
Money Market Funds - 0.5%      
State Street Institutional Liquid Reserves      
Fund, 0.2106% (Y)   709,189 709,189
TOTAL SHORT-TERM INVESTMENTS (Cost $709,189) $ 709,189
Total Investments (Small Cap Opportunities Trust)    
(Cost $151,695,832) - 118.1%   $ 181,681,856
Other assets and liabilities, net - (18.1%)     (27,884,251)
TOTAL NET ASSETS - 100.0%   $ 153,797,605
 
 
Small Cap Value Trust      
  Shares or   
  Principal   
  Amount  Value
COMMON STOCKS - 97.0%      
Consumer Discretionary - 13.5%      
Diversified Consumer Services - 1.3%      
Matthews International Corp., Class A (L)   279,900 $ 8,346,618
Hotels, Restaurants & Leisure - 1.7%      
CEC Entertainment, Inc. (L)   256,750 7,733,310
Choice Hotels International, Inc. (L)   92,500 2,959,075
 
      10,692,385
Household Durables - 1.3%      
Helen of Troy, Ltd. (I)(L)   246,600 7,849,278
Media - 2.0%      
Arbitron, Inc. (L)   326,669 12,380,755
Multiline Retail - 1.3%      
Fred’s, Inc., Class A (L)   566,000 8,054,180
Specialty Retail - 5.9%      
Advance Auto Parts, Inc.   27,150 1,858,146
Ascena Retail Group, Inc. (I)   442,000 9,480,900
Stage Stores, Inc. (L)   560,449 11,803,056
The Cato Corp., Class A (L)   462,146 13,730,358
 
      36,872,460
      84,195,676
Consumer Staples - 2.4%      
Food & Staples Retailing - 1.4%      
Casey’s General Stores, Inc.   154,400 8,822,416

 

309

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Small Cap Value Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Food Products - 1.0%    
Post Holdings, Inc. (I) 135,400 $ 4,070,124
Ralcorp Holdings, Inc. (I) 29,330 2,141,090
 
    6,211,214
    15,033,630
Energy - 3.6%    
Energy Equipment & Services - 2.2%    
Bristow Group, Inc. (L) 123,300 6,232,815
SEACOR Holdings, Inc. (I) 85,794 7,151,788
 
    13,384,603
Oil, Gas & Consumable Fuels - 1.4%    
Halcon Resources Corp. (I)(L) 343,846 2,520,391
Penn Virginia Corp. (L) 239,471 1,484,720
Plains Exploration & Production Company (I) 31,500 1,180,305
Scorpio Tankers, Inc. (I) 458,300 2,749,800
Whiting Petroleum Corp. (I) 22,400 1,061,312
 
    8,996,528
    22,381,131
Financials - 20.9%    
Capital Markets - 1.6%    
Ares Capital Corp. 594,366 10,187,433
Commercial Banks - 8.6%    
First Busey Corp. (L) 674,577 3,291,936
First Midwest Bancorp, Inc. 741,631 9,307,469
First Niagara Financial Group, Inc. 697,312 5,641,254
Hancock Holding Company 166,200 5,143,890
International Bancshares Corp. 529,210 10,081,451
MB Financial, Inc. 283,548 5,600,073
Webster Financial Corp. (L) 472,700 11,202,990
Westamerica Bancorp. (L) 70,700 3,326,435
 
    53,595,498
Insurance - 5.6%    
Alleghany Corp. (I) 7,238 2,496,676
AMERISAFE, Inc. (I) 190,300 5,164,742
Assured Guaranty, Ltd. 361,207 4,919,639
Platinum Underwriters Holdings, Ltd. (L) 206,009 8,419,588
Primerica, Inc. 329,500 9,436,880
Reinsurance Group of America, Inc. 49,800 2,881,926
White Mountains Insurance Group, Ltd. 3,550 1,822,357
 
    35,141,808
Real Estate Investment Trusts - 2.8%    
Campus Crest Communities, Inc. 366,100 3,953,880
DiamondRock Hospitality Company 591,588 5,696,992
Mack-Cali Realty Corp. 172,800 4,596,480
Summit Hotel Properties, Inc. 347,500 2,967,650
 
    17,215,002
Thrifts & Mortgage Finance - 2.3%    
Flushing Financial Corp. (L) 260,832 4,121,146
Northwest Bancshares, Inc. 829,800 10,148,454
 
    14,269,600
    130,409,341
Health Care - 10.4%    
Health Care Equipment & Supplies - 3.3%    
Haemonetics Corp. (I) 60,700 4,868,140
ICU Medical, Inc. (I)(L) 137,040 8,288,179
STERIS Corp. 198,100 7,026,607
 
    20,182,926

 

Small Cap Value Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Health Care Providers & Services - 2.2%    
Amsurg Corp. (I)(L) 340,530 $ 9,664,241
Corvel Corp. (I) 90,665 4,057,259
 
    13,721,500
Life Sciences Tools & Services - 4.9%    
Charles River    
Laboratories International, Inc. (I) 384,900 15,242,040
ICON PLC, ADR (I)(L) 636,900 15,521,253
 
    30,763,293
 
    64,667,719
Industrials - 25.5%    
Aerospace & Defense - 0.6%    
Cubic Corp. 69,830 3,495,690
Air Freight & Logistics - 0.8%    
Atlas Air Worldwide Holdings, Inc. (I) 97,500 5,033,925
UTi Worldwide, Inc. 14,500 195,315
 
    5,229,240
Commercial Services & Supplies - 5.7%    
ACCO Brands Corp. (I) 1,229,300 7,978,157
Corrections Corp. of America 49,500 1,655,775
G&K Services, Inc., Class A 284,450 8,906,130
McGrath RentCorp. 31,800 829,662
Standard Parking Corp. (I) 204,738 4,592,273
United Stationers, Inc. (L) 440,788 11,469,304
 
    35,431,301
Construction & Engineering - 0.1%    
Sterling Construction Company, Inc. (I) 80,560 803,989
Electrical Equipment - 3.5%    
Acuity Brands, Inc. (L) 85,000 5,379,650
Belden, Inc. 444,349 16,387,591
 
    21,767,241
Industrial Conglomerates - 3.4%    
Carlisle Companies, Inc. 413,236 21,455,213
Machinery - 6.0%    
Albany International Corp., Class A (L) 494,834 10,871,503
ESCO Technologies, Inc. 277,002 10,761,528
Flowserve Corp. 19,800 2,529,252
Mueller Industries, Inc. 287,310 13,063,986
 
    37,226,269
Marine - 1.9%    
Kirby Corp. (I)(L) 190,300 10,519,784
Matson, Inc. (L) 53,500 1,118,685
 
    11,638,469
Professional Services - 0.3%    
Towers Watson & Company, Class A 34,700 1,840,835
Road & Rail - 1.5%    
Genesee & Wyoming, Inc., Class A (I)(L) 140,125 9,368,758
Trading Companies & Distributors - 1.7%    
GATX Corp. (L) 254,800 10,813,712
 
    159,070,717
Information Technology - 8.7%    
Computers & Peripherals - 1.3%    
Diebold, Inc. 244,800 8,252,208
Electronic Equipment, Instruments & Components - 2.3%  
Coherent, Inc. (I) 101,200 4,641,032
MTS Systems Corp. (L) 175,668 9,407,021
 
    14,048,053

 

310

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Small Cap Value Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
IT Services - 2.8%    
Fiserv, Inc. (I) 50,040 $ 3,704,461
Forrester Research, Inc. 93,381 2,686,571
MAXIMUS, Inc. 183,500 10,958,620
 
    17,349,652
Office Electronics - 1.1%    
Zebra Technologies Corp., Class A (I) 181,100 6,798,494
Semiconductors & Semiconductor Equipment - 0.4%  
Maxim Integrated Products, Inc. 84,190 2,241,138
Software - 0.8%    
Websense, Inc. (I) 336,800 5,270,920
 
    53,960,465
Materials - 7.2%    
Chemicals - 3.8%    
Innospec, Inc. (I) 216,650 7,348,768
Koppers Holdings, Inc. (L) 148,168 5,175,508
Sensient Technologies Corp. 136,100 5,003,036
Zep, Inc. 406,450 6,145,524
 
    23,672,836
Containers & Packaging - 2.1%    
Aptargroup, Inc. (L) 151,038 7,810,175
Greif, Inc., Class A 119,800 5,292,764
 
    13,102,939
Paper & Forest Products - 1.3%    
Deltic Timber Corp. (L) 127,346 8,310,600
 
    45,086,375
Utilities - 4.8%    
Electric Utilities - 2.0%    
UNS Energy Corp. (L) 165,500 6,927,830
Westar Energy, Inc. 196,200 5,819,291
 
    12,747,121
Gas Utilities - 2.8%    
Atmos Energy Corp. 199,400 7,136,526
New Jersey Resources Corp. (L) 69,374 3,171,779
UGI Corp. 60,600 1,924,050
WGL Holdings, Inc. 123,600 4,974,900
 
    17,207,255
    29,954,376
TOTAL COMMON STOCKS (Cost $458,136,605) $ 604,759,430
 
SECURITIES LENDING COLLATERAL - 12.2%  
John Hancock Collateral    
Investment Trust, 0.3462% (W)(Y) 7,620,597 76,271,508
TOTAL SECURITIES LENDING    
COLLATERAL (Cost $76,266,493) $ 76,271,508

 

Small Cap Value Trust (continued)    
   Shares or  
   Principal  
   Amount Value
 
 
SHORT-TERM INVESTMENTS - 3.8%      
Repurchase Agreement - 3.8%      
Bank of America Tri-Party Repurchase      
Agreement dated 09/28/12 at 0.17% to be      
repurchased at $23,500,333 on 10/01/12,      
collateralized by $22,134,908 Federal Home      
Loan Bank, 4.50% due 08/01/2041 (valued      
at $23,895,295 including interest). $ 23,500,000   $ 23,500,000
TOTAL SHORT-TERM INVESTMENTS (Cost $23,500,000) $ 23,500,000
Total Investments (Small Cap Value Trust)      
(Cost $557,903,098) - 113.0%   $ 704,530,938
Other assets and liabilities, net - (13.0%)     (81,055,268)
 
TOTAL NET ASSETS - 100.0%   $ 623,475,670
 
 
 
Small Company Growth Trust      
   Shares or  
   Principal  
   Amount Value
 
COMMON STOCKS - 98.7%      
Consumer Discretionary - 18.5%      
Auto Components - 2.4%      
Tenneco, Inc. (I) 27,425 $ 767,900
TRW Automotive Holdings Corp. (I) 21,295 930,804
WABCO Holdings, Inc. (I) 13,628 785,927
 
      2,484,631
Distributors - 1.0%      
Pool Corp. (L) 24,301 1,010,436
Hotels, Restaurants & Leisure - 4.7%      
Choice Hotels International, Inc. (L) 16,846 538,904
Darden Restaurants, Inc. 14,179 790,479
Domino’s Pizza, Inc. 22,265 839,391
Jack in the Box, Inc. (I)(L) 29,543 830,454
Life Time Fitness, Inc. (I)(L) 20,188 923,399
Penn National Gaming, Inc. (I) 25,079 1,080,905
 
      5,003,532
Household Durables - 2.2%      
Ethan Allen Interiors, Inc. 34,226 750,234
Mohawk Industries, Inc. (I) 10,927 874,379
The Ryland Group, Inc. (L) 24,577 737,310
 
      2,361,923
Leisure Equipment & Products - 0.7%      
Brunswick Corp. 32,176 728,143
Specialty Retail - 5.2%      
DSW, Inc., Class A 15,628 1,042,700
Foot Locker, Inc. 30,442 1,080,691
Group 1 Automotive, Inc. (L) 14,758 888,874
Monro Muffler Brake, Inc. (L) 19,499 686,170
Tractor Supply Company 9,948 983,758
Vitamin Shoppe, Inc. (I) 14,149 825,170
 
      5,507,363
Textiles, Apparel & Luxury Goods - 2.3%      
Maidenform Brands, Inc. (I) 26,043 533,361
Steven Madden, Ltd. (I) 18,940 828,057
The Warnaco Group, Inc. (I) 4,625 240,038
Under Armour, Inc., Class A (I)(L) 14,721 821,873
 
      2,423,329
 
      19,519,357

 

311

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Small Company Growth Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Consumer Staples - 2.4%    
Food & Staples Retailing - 0.6%    
Harris Teeter Supermarkets, Inc. 17,161 $ 666,533
Food Products - 1.8%    
B&G Foods, Inc. (L) 29,778 902,571
Lancaster Colony Corp. (L) 13,484 987,703
 
    1,890,274
    2,556,807
Energy - 6.3%    
Energy Equipment & Services - 3.4%    
Atwood Oceanics, Inc. (I) 16,931 769,514
Dresser-Rand Group, Inc. (I) 16,755 923,368
Dril-Quip, Inc. (I) 12,474 896,631
Lufkin Industries, Inc. (L) 10,423 560,966
Patterson-UTI Energy, Inc. (L) 29,149 461,720
 
    3,612,199
Oil, Gas & Consumable Fuels - 2.9%    
Berry Petroleum Company, Class A (L) 20,100 816,663
Energen Corp. 16,235 850,876
Oasis Petroleum, Inc. (I) 28,630 843,726
Resolute Energy Corp. (I)(L) 57,767 512,393
 
    3,023,658
    6,635,857
Financials - 8.2%    
Capital Markets - 2.3%    
Affiliated Managers Group, Inc. (I) 9,485 1,166,655
Greenhill & Company, Inc. (L) 8,756 453,123
Stifel Financial Corp. (I)(L) 22,966 771,658
 
    2,391,436
Commercial Banks - 3.6%    
East West Bancorp, Inc. 36,463 770,099
Huntington Bancshares, Inc. 98,564 680,092
PrivateBancorp, Inc. 48,782 780,024
Prosperity Bancshares, Inc. 16,228 691,637
SVB Financial Group (I) 13,808 834,832
 
    3,756,684
Insurance - 1.6%    
Brown & Brown, Inc. 35,225 918,316
HCC Insurance Holdings, Inc. 24,525 831,152
 
    1,749,468
Real Estate Investment Trusts - 0.7%    
Colonial Properties Trust 37,975 799,374
 
    8,696,962
Health Care - 17.8%    
Biotechnology - 5.5%    
Acorda Therapeutics, Inc. (I) 19,271 493,530
Amarin Corp. PLC, ADR (I)(L) 55,878 704,063
BioMarin Pharmaceutical, Inc. (I)(L) 20,990 845,267
Incyte Corp. (I)(L) 53,030 957,192
Myriad Genetics, Inc. (I) 35,557 959,683
Seattle Genetics, Inc. (I)(L) 33,991 916,057
United Therapeutics Corp. (I) 15,871 886,871
 
    5,762,663
Health Care Equipment & Supplies - 4.9%    
Insulet Corp. (I)(L) 27,580 595,176
Masimo Corp. (I) 30,072 727,141
Meridian Bioscience, Inc. (L) 25,144 482,262
NuVasive, Inc. (I) 31,749 727,370

 

Small Company Growth Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Health Care Equipment & Supplies (continued)    
Sirona Dental Systems, Inc. (I) 17,019 $ 969,402
STERIS Corp. 24,570 871,498
Thoratec Corp. (I) 23,676 819,190
 
    5,192,039
Health Care Providers & Services - 4.2%    
Centene Corp. (I) 22,959 858,896
Chemed Corp. (L) 14,479 1,003,250
Health Management    
Associates, Inc., Class A (I)(L) 72,116 605,053
HMS Holdings Corp. (I)(L) 22,530 753,178
MEDNAX, Inc. (I) 10,347 770,334
VCA Antech, Inc. (I) 23,111 455,980
 
    4,446,691
Life Sciences Tools & Services - 2.4%    
PAREXEL International Corp. (I) 34,800 1,070,448
PerkinElmer, Inc. 26,604 784,020
Techne Corp. 8,810 633,791
 
    2,488,259
Pharmaceuticals - 0.8%    
Salix Pharmaceuticals, Ltd. (I) 20,762 879,063
 
    18,768,715
Industrials - 13.6%    
Aerospace & Defense - 2.1%    
Hexcel Corp. (I)(L) 36,049 865,897
TransDigm Group, Inc. (I) 9,539 1,353,298
 
    2,219,195
Air Freight & Logistics - 1.4%    
Forward Air Corp. 24,248 737,382
Hub Group, Inc., Class A (I) 25,817 766,249
 
    1,503,631
Building Products - 1.0%    
AO Smith Corp. 18,239 1,049,472
Commercial Services & Supplies - 1.9%    
Corrections Corp. of America 32,366 1,082,643
Tetra Tech, Inc. (I) 35,757 938,979
 
    2,021,622
Electrical Equipment - 1.7%    
Acuity Brands, Inc. 13,916 880,744
Regal-Beloit Corp. 12,964 913,703
 
    1,794,447
Machinery - 3.9%    
Crane Company 17,153 684,919
Kennametal, Inc. 18,672 692,358
Lincoln Electric Holdings, Inc. 21,700 847,385
Lindsay Corp. (L) 12,358 889,405
Wabtec Corp. 11,891 954,728
 
    4,068,795
Trading Companies & Distributors - 1.6%    
Watsco, Inc. (L) 12,063 914,255
WESCO International, Inc. (I)(L) 14,359 821,335
 
    1,735,590
    14,392,752
Information Technology - 25.7%    
Communications Equipment - 1.2%    
Finisar Corp. (I)(L) 33,704 481,967

 

312

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Small Company Growth Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Communications Equipment (continued)    
NETGEAR, Inc. (I)(L) 21,923 $ 836,143
    1,318,110
Electronic Equipment, Instruments & Components - 2.9%  
Cognex Corp. 19,639 679,117
Littelfuse, Inc. 15,507 876,766
National Instruments Corp. 30,646 771,360
SYNNEX Corp. (I) 22,000 716,760
 
    3,044,003
Internet Software & Services - 3.4%    
Ancestry.com, Inc. (I)(L) 17,400 523,392
CoStar Group, Inc. (I)(L) 16,757 1,366,366
DealerTrack Holdings, Inc. (I)(L) 27,632 769,551
ValueClick, Inc. (I) 55,267 950,040
 
    3,609,349
IT Services - 1.2%    
Alliance Data Systems Corp. (I) 8,843 1,255,264
Semiconductors & Semiconductor Equipment - 4.7%  
Cymer, Inc. (I) 15,789 806,186
Microsemi Corp. (I) 38,738 777,472
MKS Instruments, Inc. 26,892 685,477
Power Integrations, Inc. (L) 20,432 621,746
Semtech Corp. (I) 29,505 742,051
Teradyne, Inc. (I)(L) 50,050 711,711
Volterra Semiconductor Corp. (I) 27,993 612,207
 
    4,956,850
Software - 12.3%    
ANSYS, Inc. (I) 13,964 1,024,958
Aspen Technology, Inc. (I) 56,153 1,451,555
Cadence Design Systems, Inc. (I) 66,429 854,609
CommVault Systems, Inc. (I) 23,429 1,375,282
Fair Isaac Corp. 23,788 1,052,857
Informatica Corp. (I) 25,977 904,259
Interactive Intelligence Group (I) 20,034 602,022
Manhattan Associates, Inc. (I) 23,175 1,327,232
MICROS Systems, Inc. (I) 19,125 939,420
MicroStrategy, Inc., Class A (I) 6,037 809,381
Parametric Technology Corp. (I) 29,744 648,419
SolarWinds, Inc. (I) 27,102 1,510,665
Websense, Inc. (I) 30,437 476,339
 
    12,976,998
    27,160,574
Materials - 4.2%    
Chemicals - 1.9%    
Intrepid Potash, Inc. (I)(L) 22,267 478,295
Olin Corp. 37,693 819,065
Rockwood Holdings, Inc. 14,593 680,034
 
    1,977,394
Construction Materials - 0.7%    
Martin Marietta Materials, Inc. 9,071 751,714
Containers & Packaging - 0.2%    
Greif, Inc., Class A 5,579 246,480
Metals & Mining - 1.4%    
Allied Nevada Gold Corp. (I)(L) 7,961 310,957
Carpenter Technology Corp. 16,263 850,880
Detour Gold Corp. (I) 9,469 264,200
 
    1,426,037
    4,401,625

 

Small Company Growth Trust (continued)  
   Shares or  
   Principal  
   Amount Value
COMMON STOCKS (continued)      
Telecommunication Services - 1.2%      
Wireless Telecommunication Services - 1.2%      
SBA Communications Corp., Class A (I)(L) 19,900 $ 1,251,710
Utilities - 0.8%      
Electric Utilities - 0.8%      
ITC Holdings Corp. (L) 11,238 849,368
TOTAL COMMON STOCKS (Cost $81,693,892)   $ 104,233,727
SECURITIES LENDING COLLATERAL - 18.3%    
John Hancock Collateral      
Investment Trust, 0.3462% (W)(Y) 1,927,751 19,294,087
TOTAL SECURITIES LENDING      
COLLATERAL (Cost $19,292,605)   $ 19,294,087
SHORT-TERM INVESTMENTS - 1.1%      
Money Market Funds - 1.1%      
State Street Institutional Liquid Reserves      
Fund, 0.2106% (Y) 1,213,638 1,213,638
TOTAL SHORT-TERM INVESTMENTS (Cost $1,213,638) $ 1,213,638
Total Investments (Small Company Growth Trust)      
(Cost $102,200,135) - 118.1%   $ 124,741,452
Other assets and liabilities, net - (18.1%)     (19,143,256)
TOTAL NET ASSETS - 100.0%   $ 105,598,196
 
 
Small Company Value Trust      
   Shares or  
   Principal  
   Amount Value
COMMON STOCKS - 96.7%      
Consumer Discretionary - 12.8%      
Auto Components - 1.1%      
Drew Industries, Inc. (I) 116,000 $ 3,504,360
Modine Manufacturing Company (I) 74,700 551,286
 
      4,055,646
Automobiles - 0.5%      
Winnebago Industries, Inc. (I)(L) 144,800 1,828,824
Distributors - 1.1%      
Pool Corp. (L) 94,700 3,937,626
Diversified Consumer Services - 1.4%      
Ascent Capital Group, Inc., Class A (I) 41,200 2,225,212
Matthews International Corp., Class A (L) 94,200 2,809,044
 
      5,034,256
Hotels, Restaurants & Leisure - 0.6%      
Orient-Express Hotels, Ltd., Class A (I)(L) 232,100 2,065,690
Household Durables - 2.2%      
CSS Industries, Inc. 75,200 1,545,360
Ethan Allen Interiors, Inc. (L) 44,900 984,208
M/I Homes, Inc. (I) 64,800 1,253,232
Meritage Homes Corp. (I)(L) 105,600 4,015,968
Stanley Furniture Company, Inc. (I) 89,800 437,326
 
      8,236,094
Leisure Equipment & Products - 0.3%      
Brunswick Corp. (L) 53,600 1,212,968
Media - 0.5%      
Saga Communications, Inc., Class A (I) 41,800 1,693,736

 

313

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Small Company Value Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Multiline Retail - 0.4%    
Fred’s, Inc., Class A (L) 111,300 $ 1,583,799
Specialty Retail - 4.3%    
Aaron’s, Inc. 287,700 8,000,937
Haverty Furniture Companies, Inc. 133,500 1,852,980
MarineMax, Inc. (I)(L) 120,000 994,800
Stein Mart, Inc. (I) 213,900 1,820,289
The Men’s Wearhouse, Inc. (L) 93,600 3,222,648
 
    15,891,654
Textiles, Apparel & Luxury Goods - 0.4%    
Culp, Inc. 80,000 940,800
True Religion Apparel, Inc. 29,300 624,969
 
    1,565,769
    47,106,062
Consumer Staples - 0.6%    
Food & Staples Retailing - 0.4%    
Nash Finch Company 68,611 1,401,037
Tobacco - 0.2%    
Alliance One International, Inc. (I)(L) 257,200 830,756
 
    2,231,793
Energy - 4.6%    
Energy Equipment & Services - 1.7%    
Atwood Oceanics, Inc. (I) 41,000 1,863,450
C&J Energy Services, Inc. (I)(L) 51,300 1,020,870
CARBO Ceramics, Inc. (L) 26,200 1,648,504
Hercules Offshore, Inc. (I) 139,900 682,712
TETRA Technologies, Inc. (I) 185,000 1,119,250
 
    6,334,786
Oil, Gas & Consumable Fuels - 2.9%    
Cloud Peak Energy, Inc. (I)(L) 94,600 1,712,260
Northern Oil and Gas, Inc. (I)(L) 135,400 2,300,446
Oasis Petroleum, Inc. (I)(L) 111,600 3,288,852
Overseas Shipholding Group, Inc. (L) 64,900 428,340
PDC Energy, Inc. (I) 32,185 1,018,012
Swift Energy Company (I) 61,300 1,279,944
Teekay Tankers, Ltd., Class A (L) 201,900 755,106
 
    10,782,960
    17,117,746
Financials - 22.9%    
Capital Markets - 3.6%    
Ares Capital Corp. 268,500 4,602,090
Hercules Technology Growth Capital, Inc. 188,800 2,078,688
JMP Group, Inc. 84,400 463,356
KCAP Financial, Inc. (L) 156,300 1,447,338
Piper Jaffray Companies (I)(L) 32,800 834,760
Safeguard Scientifics, Inc. (I) 72,000 1,129,680
Stifel Financial Corp. (I)(L) 75,650 2,541,840
 
    13,097,752
Commercial Banks - 5.9%    
Columbia Banking System, Inc. (L) 63,900 1,184,706
East West Bancorp, Inc. 118,600 2,504,832
Glacier Bancorp, Inc. (L) 170,600 2,657,948
Home BancShares, Inc. 110,400 3,763,536
Signature Bank (I)(L) 45,100 3,025,308
SVB Financial Group (I) 88,800 5,368,848
Wintrust Financial Corp. (L) 90,700 3,407,599
 
    21,912,777
Diversified Financial Services - 0.5%    
Compass Diversified Holdings 129,600 1,915,488

 

Small Company Value Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Insurance - 5.3%    
Alterra Capital Holdings, Ltd. 107,600 $ 2,575,944
Assured Guaranty, Ltd. 97,000 1,321,140
Employers Holdings, Inc. 58,400 1,070,472
Markel Corp. (I) 5,400 2,475,846
Meadowbrook Insurance Group, Inc. 77,000 592,130
National Interstate Corp. (L) 110,000 2,838,000
ProAssurance Corp. 95,000 8,591,800
 
    19,465,332
Real Estate Investment Trusts - 7.4%    
Acadia Realty Trust (L) 68,200 1,692,724
CBL & Associates Properties, Inc. 255,100 5,443,834
Cedar Realty Trust, Inc. 198,000 1,045,440
First Potomac Realty Trust (L) 148,600 1,913,968
Hatteras Financial Corp. 59,400 1,674,486
Kilroy Realty Corp. 100,600 4,504,868
LaSalle Hotel Properties 122,500 3,269,525
Potlatch Corp. (L) 73,500 2,746,695
Redwood Trust, Inc. 140,200 2,027,292
Saul Centers, Inc. 30,600 1,358,640
Washington Real Estate Investment Trust 64,900 1,740,618
 
    27,418,090
Thrifts & Mortgage Finance - 0.2%    
Radian Group, Inc. (L) 138,400 600,656
 
    84,410,095
Health Care - 4.1%    
Biotechnology - 0.4%    
Momenta Pharmaceuticals, Inc. (I) 90,100 1,312,757
Health Care Equipment & Supplies - 2.1%    
Analogic Corp. 30,000 2,345,100
Quidel Corp. (I)(L) 92,000 1,741,560
West Pharmaceutical Services, Inc. 70,200 3,725,514
 
    7,812,174
Health Care Providers & Services - 1.6%    
Landauer, Inc. (L) 29,500 1,761,740
National Healthcare Corp. 53,800 2,568,412
Triple-S Management Corp., Class B (I)(L) 79,300 1,657,370
 
    5,987,522
 
    15,112,453
Industrials - 24.9%    
Aerospace & Defense - 0.3%    
Kratos Defense & Security Solutions, Inc. (I) 183,000 1,068,720
Air Freight & Logistics - 0.6%    
Hub Group, Inc., Class A (I) 67,100 1,991,528
Airlines - 1.2%    
Alaska Air Group, Inc. (I) 126,800 4,445,608
Building Products - 1.7%    
Gibraltar Industries, Inc. (I) 154,500 1,980,690
Quanex Building Products Corp. 94,000 1,770,960
Universal Forest Products, Inc. (L) 62,700 2,604,558
 
    6,356,208
Commercial Services & Supplies - 3.2%    
G&K Services, Inc., Class A 79,000 2,473,490
McGrath RentCorp. 148,800 3,882,192
Mine Safety Appliances Company (L) 54,600 2,034,942
Waste Connections, Inc. (L) 115,000 3,478,750
 
    11,869,374
Construction & Engineering - 1.0%    
Aegion Corp. (I)(L) 132,500 2,538,700

 

314

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Small Company Value Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Construction & Engineering (continued)    
Comfort Systems USA, Inc. (L) 115,400 $ 1,261,322
    3,800,022
Electrical Equipment - 1.4%    
Belden, Inc. 86,800 3,201,184
Franklin Electric Company, Inc. 33,600 2,032,464
 
    5,233,648
Machinery - 5.9%    
Astec Industries, Inc. (I)(L) 48,100 1,520,441
Cascade Corp. 37,100 2,030,854
CIRCOR International, Inc. 54,900 2,072,475
IDEX Corp. 87,600 3,659,052
Nordson Corp. 89,600 5,252,352
Proto Labs, Inc. (I) 22,900 774,478
Robbins & Myers, Inc. 47,700 2,842,920
Woodward, Inc. 99,000 3,364,020
 
    21,516,592
Marine - 1.6%    
Kirby Corp. (I)(L) 107,400 5,937,072
Professional Services - 1.6%    
FTI Consulting, Inc. (I) 34,800 928,464
Navigant Consulting Company (I) 153,500 1,696,175
On Assignment, Inc. (I) 127,600 2,541,792
The Dolan Company (I)(L) 135,100 726,838
 
    5,893,269
Road & Rail - 3.9%    
Genesee & Wyoming, Inc., Class A (I)(L) 106,700 7,133,962
Landstar System, Inc. 153,900 7,276,392
 
    14,410,354
Trading Companies & Distributors - 2.5%    
Beacon Roofing Supply, Inc. (I)(L) 234,800 6,691,800
Kaman Corp. (L) 66,800 2,395,448
 
    9,087,248
    91,609,643
Information Technology - 9.6%    
Communications Equipment - 1.0%    
Ixia (I) 183,900 2,955,273
Sonus Networks, Inc. (I)(L) 439,500 826,260
 
    3,781,533
Computers & Peripherals - 0.2%    
Xyratex, Ltd. 87,000 800,400
Electronic Equipment, Instruments & Components - 3.7%  
Cognex Corp. 32,700 1,130,766
Electro Rent Corp. 175,500 3,104,595
Electro Scientific Industries, Inc. 100,000 1,222,000
Littelfuse, Inc. (L) 61,800 3,494,172
Methode Electronics, Inc. 66,600 646,686
Newport Corp. (I) 107,300 1,186,738
SYNNEX Corp. (I)(L) 82,400 2,684,592
 
    13,469,549
IT Services - 0.3%    
TNS, Inc. (I) 58,000 867,100
Semiconductors & Semiconductor Equipment - 2.9%  
Advanced Energy Industries, Inc. (I)(L) 142,200 1,751,904
ATMI, Inc. (I) 62,500 1,160,625
Brooks Automation, Inc. (L) 131,200 1,053,536
Cabot Microelectronics Corp. (L) 42,600 1,496,964
Cymer, Inc. (I) 57,000 2,910,420

 

Small Company Value Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Semiconductors & Semiconductor Equipment (continued)  
Teradyne, Inc. (I)(L) 169,000 $ 2,403,180
 
    10,776,629
Software - 1.5%    
Accelrys, Inc. (I) 94,300 816,638
Progress Software Corp. (I) 148,200 3,169,998
Websense, Inc. (I) 106,000 1,658,900
 
    5,645,536
 
    35,340,747
Materials - 12.3%    
Chemicals - 2.9%    
American Vanguard Corp. (L) 111,000 3,862,800
Innospec, Inc. (I) 139,500 4,731,840
Minerals Technologies, Inc. 31,900 2,262,667
 
    10,857,307
Construction Materials - 0.3%    
Texas Industries, Inc. (I)(L) 24,900 1,012,185
Containers & Packaging - 2.2%    
Aptargroup, Inc. 102,300 5,289,933
Myers Industries, Inc. 168,600 2,633,532
 
    7,923,465
Metals & Mining - 4.7%    
AMCOL International Corp. (L) 68,500 2,320,780
Carpenter Technology Corp. 72,200 3,777,504
Franco-Nevada Corp. (L) 69,100 4,073,182
North American Palladium, Ltd. (I)(L) 640,100 1,216,190
Royal Gold, Inc. 46,900 4,683,434
Schnitzer Steel Industries, Inc., Class A (L) 47,600 1,339,940
 
    17,411,030
Paper & Forest Products - 2.2%    
Clearwater Paper Corp. (I) 77,000 3,180,870
Deltic Timber Corp. (L) 50,600 3,302,156
Wausau Paper Corp. (L) 165,200 1,529,752
 
    8,012,778
 
    45,216,765
Telecommunication Services - 0.5%    
Diversified Telecommunication Services - 0.5%    
Premiere Global Services, Inc. (I) 192,000 1,795,200
Utilities - 4.4%    
Electric Utilities - 2.4%    
Cleco Corp. 100,300 4,210,594
El Paso Electric Company 90,600 3,103,050
PNM Resources, Inc. 73,000 1,535,190
 
    8,848,834
Gas Utilities - 0.8%    
Southwest Gas Corp. 68,800 3,040,960
Multi-Utilities - 1.2%    
Black Hills Corp. 46,800 1,664,676
NorthWestern Corp. 60,200 2,181,046
Vectren Corp. 21,300 609,180
 
    4,454,902
 
    16,344,696
TOTAL COMMON STOCKS (Cost $273,476,417) $ 356,285,200

 

315

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Small Company Value Trust (continued)  
 Shares or  
 Principal  
 Amount Value
 
PREFERRED SECURITIES - 0.9%      
Financials - 0.9%      
Commercial Banks - 0.9%      
East West Bancorp., Inc., Series A, 8.000%   2,250 3,322,282
TOTAL PREFERRED SECURITIES (Cost $2,221,687)   $ 3,322,282
 
INVESTMENT COMPANIES - 0.3%      
Investment Companies - 0.3%      
iShares Russell 2000 Value Index Fund (L) 15,300 1,131,282
TOTAL INVESTMENT COMPANIES (Cost $906,911)   $ 1,131,282
 
SECURITIES LENDING COLLATERAL - 16.3%      
John Hancock Collateral      
Investment Trust, 0.3462% (W)(Y) 6,001,794 60,069,555
TOTAL SECURITIES LENDING      
COLLATERAL (Cost $60,066,238)   $ 60,069,555
 
SHORT-TERM INVESTMENTS - 2.2%      
Money Market Funds - 2.2%      
State Street Institutional U.S. Government      
Money Market Fund, 0.0469% (Y) 566,082 566,082
T.Rowe Price Reserve Investment      
Fund, 0.1066% (Y) 7,633,647 7,633,647
 
      8,199,729
TOTAL SHORT-TERM INVESTMENTS (Cost $8,199,729) $ 8,199,729
Total Investments (Small Company Value Trust)      
(Cost $344,870,982) - 116.4%   $ 429,008,048
Other assets and liabilities, net - (16.4%)     (60,344,268)
TOTAL NET ASSETS - 100.0%   $ 368,663,780
 
 
Smaller Company Growth Trust      
 Shares or  
 Principal  
 Amount Value
 
COMMON STOCKS - 97.4%      
Consumer Discretionary - 14.9%      
Auto Components - 0.3%      
American Axle &      
Manufacturing Holdings, Inc. (I)   2,460 $ 27,724
Dana Holding Corp.   5,110 62,853
Dorman Products, Inc. (I)   1,541 48,557
Drew Industries, Inc. (I)(L)   378 11,419
Fuel Systems Solutions, Inc. (I)(L)   801 13,769
Gentherm, Inc. (I)   1,576 19,605
Stoneridge, Inc. (I)   1,435 7,132
Tenneco, Inc. (I) 16,571 463,988
Tower International, Inc. (I)   137 1,056
 
      656,103
Automobiles - 1.1%      
Harley-Davidson, Inc. 51,580 2,185,425
Tesla Motors, Inc. (I)(L)   2,801 82,013
Thor Industries, Inc.   2,392 86,877
Winnebago Industries, Inc. (I)   1,543 19,488
 
      2,373,803
Distributors - 0.3%      
Pool Corp. (L) 15,879 660,249
Diversified Consumer Services - 2.0%      
American Public Education, Inc. (I)(L) 20,149 734,028

 

Smaller Company Growth Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Diversified Consumer Services (continued)    
Ascent Capital Group, Inc., Class A (I) 645 $ 34,836
Bridgepoint Education, Inc. (I)(L) 965 9,795
Capella Education Company (I) 683 23,946
Coinstar, Inc. (I)(L) 14,867 668,718
Grand Canyon Education, Inc. (I) 32,263 759,148
ITT Educational Services, Inc. (I)(L) 964 31,070
K12, Inc. (I) 96,996 1,959,319
Matthews International Corp., Class A (L) 1,502 44,790
Sotheby’s (L) 3,607 113,621
Strayer Education, Inc. (L) 315 20,270
Universal Technical Institute, Inc. 602 8,247
 
    4,407,788
Hotels, Restaurants & Leisure - 1.9%    
AFC Enterprises, Inc. (I) 1,298 31,931
Ameristar Casinos, Inc. 876 15,593
Bally Technologies, Inc. (I)(L) 2,295 113,350
Biglari Holdings, Inc. (I) 25 9,127
BJ’s Restaurants, Inc. (I)(L) 1,341 60,814
Boyd Gaming Corp. (I)(L) 1,501 10,597
Bravo Brio Restaurant Group, Inc. (I) 1,000 14,550
Buffalo Wild Wings, Inc. (I) 989 84,797
Caribou Coffee Company, Inc. (I)(L) 25,282 347,122
CEC Entertainment, Inc. (L) 975 29,367
Choice Hotels International, Inc. (L) 540 17,275
Cracker Barrel Old Country Store, Inc. 12,010 805,991
Denny’s Corp. (I) 5,126 24,861
DineEquity, Inc. (I) 829 46,424
Domino’s Pizza, Inc. 2,929 110,423
Interval Leisure Group, Inc. 2,108 39,904
Isle of Capri Casinos, Inc. (I) 579 4,024
Krispy Kreme Doughnuts, Inc. (I) 2,836 22,489
Life Time Fitness, Inc. (I)(L) 2,169 99,210
Papa John’s International, Inc. (I) 1,015 54,211
Peet’s Coffee & Tea, Inc. (I) 706 51,778
Penn National Gaming, Inc. (I) 3,464 149,298
Pinnacle Entertainment, Inc. (I) 3,331 40,805
Red Robin Gourmet Burgers, Inc. (I)(L) 7,219 235,051
Ryman Hospitality Properties (I) 1,998 78,981
Scientific Games Corp., Class A (I) 2,954 24,430
SHFL Entertainment, Inc. (I) 23,223 367,156
Six Flags Entertainment Corp. 1,081 63,563
Sonic Corp. (I) 2,907 29,855
Texas Roadhouse, Inc. 3,353 57,336
The Cheesecake Factory, Inc. (L) 21,492 768,339
Vail Resorts, Inc. (L) 1,918 110,573
WMS Industries, Inc. (I)(L) 14,634 239,705
 
    4,158,930
Household Durables - 0.4%    
Beazer Homes USA, Inc. (I)(L) 3,217 11,420
Blyth, Inc. 548 14,243
Furniture Brands International, Inc. (I)(L) 927 1,344
Hovnanian Enterprises, Inc., Class A (I)(L) 5,342 18,483
iRobot Corp. (I) 1,390 31,636
Libbey, Inc. (I) 1,037 16,364
M/I Homes, Inc. (I) 563 10,888
MDC Holdings, Inc. 15,820 609,228
Meritage Homes Corp. (I) 887 33,733
NACCO Industries, Inc., Class A 95 11,914
Sealy Corp. (I)(L) 2,155 4,698
Skullcandy, Inc. (I)(L) 803 11,041
Zagg, Inc. (I)(L) 1,034 8,820
 
    783,812

 

316

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Smaller Company Growth Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Internet & Catalog Retail - 0.8%    
Blue Nile, Inc. (I)(L) 737 $ 27,335
HomeAway, Inc. (I) 1,751 41,061
HSN, Inc. 14,848 728,294
Liberty Ventures, Series A (I) 509 25,267
Orbitz Worldwide, Inc. (I) 1,125 2,869
Overstock.com, Inc. (I)(L) 851 8,816
Shutterfly, Inc. (I)(L) 27,291 849,296
Vitacost.com, Inc. (I)(L) 1,265 8,577
 
    1,691,515
Leisure Equipment & Products - 0.4%    
Arctic Cat, Inc. (I) 14,105 584,793
Brunswick Corp. 4,756 107,628
LeapFrog Enterprises, Inc. (I) 2,817 25,409
Smith & Wesson Holding Corp. (I) 3,456 38,051
Steinway Musical Instruments, Inc. (I) 142 3,459
Sturm Ruger & Company, Inc. (L) 1,020 50,480
 
    809,820
Media - 1.1%    
AMC Networks, Inc., Class A (I) 2,788 121,334
Arbitron, Inc. (L) 1,409 53,401
Clear Channel Outdoor    
Holdings, Inc., Class A (I) 2,085 12,468
Cumulus Media, Inc., Class A (I) 3,015 8,261
IMAX Corp. (I) 93,800 1,867,558
Lions Gate Entertainment Corp. (I) 3,841 58,652
Live Nation Entertainment, Inc. (I) 3,799 32,709
Martha Stewart Living    
Omnimedia, Inc., Class A 762 2,339
Morningstar, Inc. 1,316 82,434
Pandora Media, Inc. (I) 3,105 34,000
ReachLocal, Inc. (I) 444 5,568
The Madison Square Garden, Inc., Class A (I) 3,136 126,287
Valassis Communications, Inc. (I) 797 19,678
 
    2,424,689
Multiline Retail - 0.1%    
Big Lots, Inc. (I)(L) 3,525 104,270
Dillard’s, Inc., Class A (L) 1,552 112,241
Gordmans Stores, Inc. (I) 473 8,727
Saks, Inc. (I)(L) 2,077 21,414
 
    246,652
Specialty Retail - 4.5%    
Aaron’s, Inc. 3,847 106,985
Aeropostale, Inc. (I) 4,328 58,558
Americas Car-Mart, Inc. (I) 450 20,462
ANN, Inc. (I) 2,598 98,023
Asbury Automotive Group, Inc. (I) 982 27,447
Ascena Retail Group, Inc. (I) 38,058 816,344
Barnes & Noble, Inc. (I)(L) 1,038 13,266
bebe stores, Inc. 1,997 9,586
Body Central Corp. (I) 812 8,485
Casual Male Retail Group, Inc. (I) 83,870 388,318
Chico’s FAS, Inc. 36,698 664,601
Citi Trends, Inc. (I) 808 10,144
Coldwater Creek, Inc. (I) 2,098 1,741
Collective Brands, Inc. (I) 1,135 24,641
Conn’s, Inc. (I) 1,204 26,548
DSW, Inc., Class A 1,745 116,426
Express, Inc. (I) 4,048 59,991
Francesca’s Holdings Corp. (I) 23,419 719,666
Genesco, Inc. (I) 9,423 628,797
GNC Holdings, Inc., Class A 4,751 185,146
Haverty Furniture Companies, Inc. 1,001 13,894

 

Smaller Company Growth Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Specialty Retail (continued)    
Hibbett Sports, Inc. (I)(L) 1,398 $ 83,111
Hot Topic, Inc. (L) 1,377 11,980
Jos A. Bank Clothiers, Inc. (I)(L) 1,482 71,847
Kirkland’s, Inc. (I) 837 8,311
Lithia Motors, Inc., Class A 595 19,819
Lumber Liquidators Holdings, Inc. (I)(L) 1,246 63,147
Mattress Firm Holding Corp. (I)(L) 719 20,240
Monro Muffler Brake, Inc. (L) 14,073 495,229
New York & Company, Inc. (I) 1,321 4,954
Office Depot, Inc. (I) 15,119 38,705
Penske Automotive Group, Inc. 841 25,306
Pier 1 Imports, Inc. 42,629 798,867
Rent-A-Center, Inc. (L) 18,363 644,174
rue21, Inc. (I) 52,580 1,637,867
Select Comfort Corp. (I) 2,869 90,517
Teavana Holdings, Inc. (I) 511 6,663
The Buckle, Inc. (L) 16,581 753,275
The Children’s Place Retail Stores, Inc. (I) 646 38,760
The Finish Line, Inc., Class A 17,820 405,227
The Pep Boys - Manny, Moe & Jack (I)(L) 1,396 14,211
The Wet Seal, Inc., Class A (I)(L) 4,589 14,455
Vitamin Shoppe, Inc. (I)(L) 10,546 615,043
Zumiez, Inc. (I)(L) 1,251 34,690
 
    9,895,467
Textiles, Apparel & Luxury Goods - 2.0%    
Carter’s, Inc. (I) 2,668 143,645
Crocs, Inc. (I) 4,788 77,613
Fifth & Pacific Companies, Inc. (I) 5,789 73,983
G-III Apparel Group, Ltd. (I)(L) 587 21,073
Hanesbrands, Inc. (I) 3,376 107,627
K-Swiss, Inc., Class A (I) 524 1,797
Maidenform Brands, Inc. (I) 1,255 25,702
Oxford Industries, Inc. 374 21,112
Peace Mark Holdings, Ltd. (I) 464,000 0
Steven Madden, Ltd. (I) 53,346 2,332,287
The Warnaco Group, Inc. (I) 2,185 113,402
True Religion Apparel, Inc. 1,305 27,836
Vera Bradley, Inc. (I)(L) 62,069 1,480,346
 
    4,426,423
 
    32,535,251
Consumer Staples - 2.0%    
Beverages - 0.1%    
Coca-Cola Bottling Company Consolidated 171 11,645
National Beverage Corp. (I) 630 9,551
The Boston Beer    
Company, Inc., Class A (I)(L) 468 52,402
 
    73,598
Food & Staples Retailing - 0.4%    
Casey’s General Stores, Inc. 2,028 115,880
Harris Teeter Supermarkets, Inc. 10,360 402,382
Pricesmart, Inc. (L) 1,045 79,127
Rite Aid Corp. (I) 35,906 42,010
Susser Holdings Corp. (I)(L) 307 11,104
The Chefs’ Warehouse, Inc. (I) 610 9,992
The Fresh Market, Inc. (I) 2,048 122,839
United Natural Foods, Inc. (I) 2,601 152,028
 
    935,362
Food Products - 0.6%    
Calavo Growers, Inc. 623 15,575
Darling International, Inc. (I) 43,213 790,366
Dean Foods Company (I) 9,824 160,622

 

317

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Smaller Company Growth Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Food Products (continued)    
J&J Snack Foods Corp. 804 $ 46,093
Sanderson Farms, Inc. 1,040 46,145
Smart Balance, Inc. (I)(L) 3,141 37,943
The Hain Celestial Group, Inc. (I) 2,025 127,575
TreeHouse Foods, Inc. (I) 1,914 100,485
 
    1,324,804
Household Products - 0.4%    
Spectrum Brands Holdings, Inc. 21,343 853,933
Personal Products - 0.5%    
Elizabeth Arden, Inc. (I) 1,408 66,514
Inter Parfums, Inc. (L) 27,790 508,557
Medifast, Inc. (I) 704 18,410
Nature’s Sunshine Products, Inc. 651 10,637
Nu Skin Enterprises, Inc., Class A (L) 12,145 471,590
Prestige Brands Holdings, Inc. (I) 1,340 22,726
Revlon, Inc., Class A (I) 655 10,113
Schiff Nutrition International, Inc. (I) 580 14,030
USANA Health Sciences, Inc. (I)(L) 397 18,449
 
    1,141,026
Tobacco - 0.0%    
Star Scientific, Inc. (I) 6,213 21,497
 
    4,350,220
Energy - 9.3%    
Energy Equipment & Services - 2.7%    
Atwood Oceanics, Inc. (I) 3,132 142,349
Basic Energy Services, Inc. (I)(L) 33,003 370,294
C&J Energy Services, Inc. (I)(L) 1,107 22,029
CARBO Ceramics, Inc. (L) 1,106 69,590
Dril-Quip, Inc. (I) 1,819 130,750
Geospace Technologies Corp. (I) 5,840 714,874
Gulfmark Offshore, Inc., Class A (I) 14,436 476,965
Heckmann Corp. (I)(L) 7,541 31,672
Helix Energy Solutions Group, Inc. (I) 22,427 409,741
Hornbeck Offshore Services, Inc. (I)(L) 1,786 65,457
ION Geophysical Corp. (I) 3,337 23,159
Lufkin Industries, Inc. (L) 1,789 96,284
Matrix Service Company (I) 1,366 14,439
McDermott International, Inc. (I) 240,780 2,942,332
Oil States International, Inc. (I) 2,750 218,515
RigNet, Inc. (I) 372 6,882
RPC, Inc. (L) 2,279 27,097
Tesco Corp. (I) 1,751 18,701
Tidewater, Inc. 1,772 85,995
 
    5,867,125
Oil, Gas & Consumable Fuels - 6.6%    
Abraxas Petroleum Corp. (I) 4,374 10,060
Amyris, Inc. (I)(L) 1,650 5,676
Apco Oil and Gas International, Inc. (I) 488 7,852
Approach Resources, Inc. (I) 1,428 43,026
Berry Petroleum Company, Class A (L) 2,509 101,941
Bill Barrett Corp. (I)(L) 1,281 31,730
BPZ Resources, Inc. (I) 4,924 14,083
Carrizo Oil & Gas, Inc. (I)(L) 111,273 2,782,938
Cheniere Energy, Inc. (I)(L) 9,704 150,897
Clayton Williams Energy, Inc. (I)(L) 324 16,812
Clean Energy Fuels Corp. (I)(L) 3,677 48,426
Cloud Peak Energy, Inc. (I)(L) 1,138 20,598
Contango Oil & Gas Company (I) 695 34,152
Crosstex Energy, Inc. (L) 666 9,344
CVR Energy, Inc. (I) 601 22,087
Enbridge Energy Management LLC (I)(L) 902 28,557

 

Smaller Company Growth Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Oil, Gas & Consumable Fuels (continued)    
Energy XXI Bermuda, Ltd. 19,019 $ 664,714
FX Energy, Inc. (I) 2,682 20,008
Gastar Exploration, Ltd. (I) 2,022 3,357
Gevo, Inc. (I)(L) 1,179 2,511
Goodrich Petroleum Corp. (I)(L) 1,453 18,366
Gran Tierra Energy, Inc. (I) 14,959 77,338
Gulfport Energy Corp. (I) 2,519 78,744
Halcon Resources Corp. (I)(L) 5,669 41,554
Hyperdynamics Corp. (I)(L) 5,792 4,228
InterOil Corp. (I) 40,480 3,127,485
James River Coal Company (I)(L) 1,715 4,939
KiOR, Inc., Class A (I)(L) 911 8,472
Kodiak Oil & Gas Corp. (I) 309,454 2,896,489
Magnum Hunter Resources Corp. (I)(L) 8,420 37,385
McMoRan Exploration Company (I)(L) 3,635 42,711
Northern Oil and Gas, Inc. (I)(L) 3,214 54,606
Oasis Petroleum, Inc. (I) 3,966 116,878
PDC Energy, Inc. (I) 1,607 50,829
Rentech, Inc. (I) 12,173 29,946
Resolute Energy Corp. (I) 2,638 23,399
Rex Energy Corp. (I)(L) 246,123 3,285,742
Rosetta Resources, Inc. (I) 2,817 134,934
Sanchez Energy Corp. (I) 646 13,198
SemGroup Corp., Class A (I) 2,003 73,811
Solazyme, Inc. (I) 1,608 18,460
Targa Resources Corp. 554 27,888
Transatlantic Petroleum, Ltd. (I)(L) 5,871 6,165
Triangle Petroleum Corp. (I)(L) 1,156 8,277
Uranium Energy Corp. (I) 3,980 10,388
Venoco, Inc. (I)(L) 1,637 19,448
World Fuel Services Corp. 1,914 68,158
ZaZa Energy Corp. (I)(L) 880 2,614
 
    14,301,221
 
    20,168,346
Financials - 8.8%    
Capital Markets - 1.4%    
Duff & Phelps Corp., Class A 1,955 26,608
Epoch Holding Corp. 879 20,305
Evercore Partners, Inc., Class A 695 18,765
Financial Engines, Inc. (I)(L) 2,097 49,972
GAMCO Investors, Inc., Class A 116 5,771
HFF, Inc., Class A (I) 1,771 26,388
ICG Group, Inc. (I) 1,990 20,218
INTL. FCStone, Inc. (I)(L) 760 14,486
KBW, Inc. (L) 1,758 28,954
Ladenburg Thalmann    
Financial Services, Inc. (I) 6,031 7,961
Raymond James Financial, Inc. 53,050 1,944,283
Safeguard Scientifics, Inc. (I) 1,100 17,259
Virtus Investment Partners, Inc. (I) 332 28,552
Walter Investment Management Corp. (I) 18,465 683,390
WisdomTree Investments, Inc. (I) 3,284 22,003
 
    2,914,915
Commercial Banks - 1.1%    
Boston Private Financial Holdings, Inc. (L) 42,990 412,274
CapitalSource, Inc. 7,628 57,820
Cardinal Financial Corp. 965 13,800
First Connecticut Bancorp, Inc. 620 8,376
Investors Bancorp, Inc. 2,383 43,466
Pinnacle Financial Partners, Inc. (I)(L) 24,690 477,011
Signature Bank (I) 2,458 164,883
SVB Financial Group (I) 824 49,819
Texas Capital Bancshares, Inc. (I)(L) 10,386 516,288

 

318

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Smaller Company Growth Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Commercial Banks (continued)    
Umpqua Holdings Corp. (L) 46,792 $ 603,149
Webster Financial Corp. 2,584 61,241
 
    2,408,127
Consumer Finance - 1.0%    
Credit Acceptance Corp. (I) 653 55,838
DFC Global Corp. (I)(L) 34,470 591,161
Ezcorp, Inc., Class A (I) 1,578 36,184
First Cash Financial Services, Inc. (I) 17,753 816,816
Green Dot Corp., Class A (I) 1,232 15,067
Netspend Holdings, Inc. (I) 1,829 17,979
The First Marblehead Corp. (I)(L) 3,646 3,828
World Acceptance Corp. (I)(L) 8,723 588,366
 
    2,125,239
Diversified Financial Services - 1.6%    
MarketAxess Holdings, Inc. 1,943 61,399
Moody’s Corp. 78,470 3,466,020
NewStar Financial, Inc. (I) 462 5,539
 
    3,532,958
Insurance - 2.5%    
Citizens, Inc. (I)(L) 2,087 21,893
eHealth, Inc. (I) 985 18,488
Endurance Specialty Holdings, Ltd. 19,240 740,740
Greenlight Capital Re, Ltd., Class A (I) 1,052 26,037
HCC Insurance Holdings, Inc. 62,920 2,132,359
Hilltop Holdings, Inc. (I) 802 10,193
Horace Mann Educators Corp. 34,860 631,315
Infinity Property & Casualty Corp. 7,546 455,703
Platinum Underwriters Holdings, Ltd. (L) 16,920 691,520
ProAssurance Corp. 8,473 766,298
 
    5,494,546
Real Estate Investment Trusts - 1.0%    
Alexander’s, Inc. 109 46,596
American Assets Trust, Inc. 1,779 47,659
Apartment Investment & Management    
Company, Class A 2,685 69,783
Campus Crest Communities, Inc. 46,890 506,412
Coresite Realty Corp. 1,120 30,173
Cousins Properties, Inc. 1,752 13,911
DuPont Fabros Technology, Inc. 3,367 85,017
Education Realty Trust, Inc. 64,991 708,402
Equity Lifestyle Properties, Inc. 1,357 92,439
Extra Space Storage, Inc. 5,253 174,662
FelCor Lodging Trust, Inc. (I) 4,089 19,382
First Industrial Realty Trust, Inc. (I) 1,741 22,877
Hudson Pacific Properties, Inc. 1,184 21,904
iStar Financial, Inc. (I)(L) 1,363 11,286
Pebblebrook Hotel Trust 3,021 70,661
Post Properties, Inc. 1,440 69,062
PS Business Parks, Inc. 1,032 68,958
Strategic Hotels & Resorts, Inc. (I) 3,020 18,150
Tanger Factory Outlet Centers 3,205 103,618
 
    2,180,952
Real Estate Management & Development - 0.1%    
Altisource Portfolio Solutions SA (I) 870 75,038
Forest City Enterprises, Inc., Class A (I)(L) 6,393 101,329
Tejon Ranch Company (I) 854 25,654
The St. Joe Company (I)(L) 2,396 46,722
Zillow, Inc., Class A (I)(L) 645 27,206
 
    275,949
Thrifts & Mortgage Finance - 0.1%    
Beneficial Mutual Bancorp, Inc. (I) 1,923 18,384

 

Smaller Company Growth Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Thrifts & Mortgage Finance (continued)    
Doral Financial Corp. (I) 2,399 $ 2,257
MGIC Investment Corp. (I) 5,275 8,071
Ocwen Financial Corp. (I) 5,744 157,443
TFS Financial Corp. (I) 4,933 44,742
 
    230,897
 
    19,163,583
Health Care - 17.0%    
Biotechnology - 4.0%    
Achillion Pharmaceuticals, Inc. (I) 2,449 25,494
Acorda Therapeutics, Inc. (I) 2,136 54,703
Aegerion Pharmaceuticals, Inc. (I) 923 13,679
Affymax, Inc. (I) 1,828 38,498
Alkermes PLC (I) 4,284 88,893
Allos Therapeutics, Inc. (I) 4,481 0
Alnylam Pharmaceuticals, Inc. (I) 1,619 30,421
AMAG Pharmaceuticals, Inc. (I) 790 14,015
Arena Pharmaceuticals, Inc. (I)(L) 10,411 86,620
Ariad Pharmaceuticals, Inc. (I)(L) 8,826 213,810
Arqule, Inc. (I) 3,155 16,122
Array BioPharma, Inc. (I) 79,710 467,101
Astex Pharmaceuticals (I) 87,747 269,383
AVEO Pharmaceuticals, Inc. (I)(L) 1,723 17,936
BioMimetic Therapeutics, Inc. (I) 618 2,540
Biotime, Inc. (I)(L) 1,476 6,199
Cell Therapeutics, Inc. (I)(L) 2,179 5,295
Cepheid, Inc. (I)(L) 3,493 120,543
Clovis Oncology, Inc. (I) 624 12,761
Codexis, Inc. (I) 1,201 3,639
Cubist Pharmaceuticals, Inc. (I) 18,513 882,700
Curis, Inc. (I) 4,201 17,392
Dendreon Corp. (I)(L) 5,333 25,758
Dyax Corp. (I) 5,335 13,871
Dynavax Technologies Corp. (I) 132,804 632,147
Emergent Biosolutions, Inc. (I) 1,345 19,112
Exact Sciences Corp. (I) 3,350 36,884
Exelixis, Inc. (I)(L) 9,524 45,906
Genomic Health, Inc. (I)(L) 881 30,562
Geron Corp. (I)(L) 3,455 5,874
Halozyme Therapeutics, Inc. (I) 5,092 38,496
Idenix Pharmaceuticals, Inc. (I) 3,389 15,488
Immunogen, Inc. (I) 2,890 42,194
Immunomedics, Inc. (I) 3,772 13,240
Incyte Corp. (I)(L) 6,139 110,809
InterMune, Inc. (I) 2,257 20,245
Ironwood Pharmaceuticals, Inc. (I)(L) 4,017 51,337
Isis Pharmaceuticals, Inc. (I) 3,295 46,361
Lexicon Pharmaceuticals, Inc. (I) 7,469 17,328
Ligand Pharmaceuticals, Inc., Class B (I) 940 16,121
MannKind Corp. (I)(L) 6,220 17,914
Medivation, Inc. (I)(L) 3,684 207,630
Metabolix, Inc. (I) 1,145 1,912
Momenta Pharmaceuticals, Inc. (I) 2,334 34,006
Myriad Genetics, Inc. (I) 34,080 919,819
Neurocrine Biosciences, Inc. (I) 3,538 28,233
Novavax, Inc. (I)(L) 5,998 12,956
NPS Pharmaceuticals, Inc. (I) 4,592 42,476
Onyx Pharmaceuticals, Inc. (I) 7,040 594,880
Opko Health, Inc. (I)(L) 7,864 32,872
Orexigen Therapeutics, Inc. (I) 2,875 16,416
Osiris Therapeutics, Inc. (I)(L) 893 9,868
Pharmacyclics, Inc. (I) 2,942 189,759
Progenics Pharmaceuticals, Inc. (I) 1,755 5,037
PROLOR Biotech, Inc. (I) 2,450 11,883

 

319

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Smaller Company Growth Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Biotechnology (continued)    
Protalix BioTherapeutics, Inc. (I) 3,398 $ 17,602
Raptor Pharmaceutical Corp. (I)(L) 2,641 14,684
Rigel Pharmaceuticals, Inc. (I) 3,806 39,012
Sangamo Biosciences, Inc. (I) 2,636 16,027
Savient Pharmaceuticals, Inc. (I)(L) 3,778 9,407
Seattle Genetics, Inc. (I)(L) 26,004 700,808
SIGA Technologies, Inc. (I) 2,057 6,582
Spectrum Pharmaceuticals, Inc. (I)(L) 3,171 37,101
Synageva BioPharma Corp. (I) 635 33,928
Targacept, Inc. (I)(L) 1,499 7,330
Theravance, Inc. (I)(L) 3,687 95,530
Threshold Pharmaceuticals, Inc. (I) 2,155 15,602
Trius Therapeutics, Inc. (I) 1,217 7,095
United Therapeutics Corp. (I) 33,563 1,875,500
ZIOPHARM Oncology, Inc. (I)(L) 3,606 19,653
 
    8,590,999
Health Care Equipment & Supplies - 4.4%    
Abaxis, Inc. (I)(L) 1,155 41,488
ABIOMED, Inc. (I)(L) 1,887 39,608
Accuray, Inc. (I) 3,608 25,545
Align Technology, Inc. (I) 3,423 126,548
Antares Pharma, Inc. (I)(L) 5,000 21,800
ArthroCare Corp. (I) 1,473 47,725
Atrion Corp. 86 19,049
Cantel Medical Corp. 1,222 33,092
Conceptus, Inc. (I) 1,588 32,252
CONMED Corp. 37,500 1,068,750
Cyberonics, Inc. (I) 1,466 76,848
DexCom, Inc. (I) 3,650 54,860
Endologix, Inc. (I) 2,758 38,116
Greatbatch, Inc. (I) 637 15,498
Haemonetics Corp. (I) 6,543 524,749
HeartWare International, Inc. (I) 602 56,883
Hill-Rom Holdings, Inc. 1,155 33,564
ICU Medical, Inc. (I)(L) 678 41,005
Insulet Corp. (I)(L) 2,544 54,900
Integra LifeSciences Holdings Corp. (I) 1,078 44,306
MAKO Surgical Corp. (I)(L) 61,490 1,070,541
Masimo Corp. (I)(L) 33,819 817,743
Merit Medical Systems, Inc. (I) 2,129 31,786
Natus Medical, Inc. (I) 564 7,371
Navidea Biopharmaceuticals, Inc. (I)(L) 4,631 12,735
Neogen Corp. (I) 1,192 50,898
NuVasive, Inc. (I)(L) 2,299 52,670
NxStage Medical, Inc. (I) 2,693 35,575
OraSure Technologies, Inc. (I) 2,891 32,148
Orthofix International NV (I) 18,998 850,161
Palomar Medical Technologies, Inc. (I) 340 3,210
Quidel Corp. (I)(L) 1,587 30,042
RTI Biologics, Inc. (I) 2,850 11,885
Sirona Dental Systems, Inc. (I) 2,960 168,602
Staar Surgical Company (I) 1,965 14,855
SurModics, Inc. (I) 579 11,707
The Cooper Companies, Inc. 33,333 3,148,635
Thoratec Corp. (I) 15,215 526,439
Tornier BV (I) 747 14,156
Unilife Corp. (I)(L) 4,023 12,552
Volcano Corp. (I) 2,837 81,053
West Pharmaceutical Services, Inc. 1,803 95,685
Wright Medical Group, Inc. (I)(L) 1,225 27,085
Young Innovations, Inc. 319 12,473
 
    9,516,593

 

Smaller Company Growth Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Health Care Providers & Services - 2.9%    
Acadia Healthcare Company, Inc. (I) 1,186 $ 28,286
Accretive Health, Inc. (I) 2,116 23,615
Air Methods Corp. (I)(L) 615 73,413
AMERIGROUP Corp. (I) 2,582 236,072
AMN Healthcare Services, Inc. (I) 723 7,273
Bio-Reference Labs, Inc. (I) 24,292 694,265
BioScrip, Inc. (I) 2,335 21,272
Brookdale Senior Living, Inc. (I) 5,162 119,862
Catamaran Corp. (I) 13,467 1,319,362
Centene Corp. (I) 2,740 102,503
Chemed Corp. (L) 11,264 780,483
Corvel Corp. (I) 363 16,244
Emeritus Corp. (I) 1,439 30,133
ExamWorks Group, Inc. (I) 1,634 24,379
Gentiva Health Services, Inc. (I) 518 5,864
HealthSouth Corp. (I) 33,920 816,115
HMS Holdings Corp. (I)(L) 23,997 802,220
IPC The Hospitalist Company, Inc. (I) 883 40,353
Kindred Healthcare, Inc. (I) 1 11
Landauer, Inc. (L) 179 10,690
LHC Group, Inc. (I) 436 8,053
MEDNAX, Inc. (I) 2,616 194,761
Metropolitan Health Networks, Inc. (I) 47,944 447,797
Molina Healthcare, Inc. (I) 554 13,933
MWI Veterinary Supply, Inc. (I)(L) 644 68,702
PSS World Medical, Inc. (I) 2,684 61,142
Sunrise Senior Living, Inc. (I) 3,099 44,223
Team Health Holdings, Inc. (I) 2,112 57,299
Tenet Healthcare Corp. (I) 22,030 138,128
VCA Antech, Inc. (I) 4,425 87,305
WellCare Health Plans, Inc. (I) 2,294 129,726
 
    6,403,484
Health Care Technology - 0.9%    
athenahealth, Inc. (I)(L) 1,909 175,189
Computer Programs & Systems, Inc. (L) 561 31,164
Epocrates, Inc. (I) 964 11,231
HealthStream, Inc. (I)(L) 15,635 444,972
MedAssets, Inc. (I) 54,551 971,008
Medidata Solutions, Inc. (I) 1,277 52,996
Merge Healthcare, Inc. (I)(L) 3,165 12,122
Omnicell, Inc. (I)(L) 21,521 299,142
Quality Systems, Inc. (L) 2,210 40,996
 
    2,038,820
Life Sciences Tools & Services - 1.7%    
Affymetrix, Inc. (I) 1,693 7,331
Bruker Corp. (I) 4,862 63,644
Charles River    
Laboratories International, Inc. (I) 20,536 813,226
Complete Genomics, Inc. (I) 751 2,336
Fluidigm Corp. (I)(L) 1,094 18,598
ICON PLC, ADR (I) 34,058 829,993
Illumina, Inc. (I) 35,630 1,717,366
Luminex Corp. (I)(L) 2,000 38,880
Pacific Biosciences of California, Inc. (I) 2,191 4,010
PAREXEL International Corp. (I) 3,189 98,094
Sequenom, Inc. (I)(L) 6,102 21,540
Techne Corp. 1,863 134,024
 
    3,749,042
Pharmaceuticals - 3.1%    
Akorn, Inc. (I)(L) 3,545 46,865
Alimera Sciences, Inc. (I) 611 1,576
Ampio Pharmaceuticals, Inc. (I)(L) 1,590 6,201
Auxilium Pharmaceuticals, Inc. (I) 2,576 63,009

 

320

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Smaller Company Growth Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Pharmaceuticals (continued)    
AVANIR Pharmaceuticals, Inc., Class A (I) 4,279 $ 13,693
Cadence Pharmaceuticals, Inc. (I) 3,141 12,313
Corcept Therapeutics, Inc. (I) 2,290 6,389
Depomed, Inc. (I)(L) 66,287 391,756
Endocyte, Inc. (I) 1,433 14,287
Forest Laboratories, Inc. (I) 767 445
Hi-Tech Pharmacal Company, Inc. (I) 554 18,343
Impax Laboratories, Inc. (I) 36,139 938,168
Jazz Pharmaceuticals PLC (I) 14,823 845,059
MAP Pharmaceuticals, Inc. (I) 1,477 22,997
Nektar Therapeutics (I) 3,969 42,389
Obagi Medical Products, Inc. (I) 1,010 12,534
Optimer Pharmaceuticals, Inc. (I)(L) 2,384 33,662
Pain Therapeutics, Inc. (I) 910 4,596
Par Pharmaceutical Companies, Inc. (I) 17,420 870,652
Pozen, Inc. (I)(L) 1,440 9,547
Questcor Pharmaceuticals, Inc. (L) 24,106 445,961
Sagent Pharmaceuticals, Inc. (I)(L) 532 8,485
Salix Pharmaceuticals, Ltd. (I) 8,272 350,236
Sciclone Pharmaceuticals, Inc. (I)(L) 2,379 13,203
The Medicines Company (I) 2,936 75,778
ViroPharma, Inc. (I)(L) 2,414 72,951
Vivus, Inc. (I)(L) 5,309 94,606
Watson Pharmaceuticals, Inc. (I) 26,680 2,272,069
XenoPort, Inc. (I) 1,094 12,537
 
    6,700,307
    36,999,245
Industrials - 17.5%    
Aerospace & Defense - 2.6%    
Aerovironment, Inc. (I) 943 22,132
American Science & Engineering, Inc. 476 31,230
Astronics Corp. (I) 459 14,137
B/E Aerospace, Inc. (I) 64,630 2,720,923
Cubic Corp. (L) 855 42,801
DigitalGlobe, Inc. (I)(L) 37,205 758,610
GenCorp, Inc. (I)(L) 2,546 24,162
HEICO Corp. 795 30,759
HEICO Corp., Class A 1,587 48,419
Hexcel Corp. (I)(L) 32,202 773,492
Moog, Inc., Class A (I) 2,087 79,035
National Presto Industries, Inc. (L) 256 18,657
Orbital Sciences Corp. (I) 3,142 45,748
Taser International, Inc. (I) 2,994 18,054
Teledyne Technologies, Inc. (I) 1,208 76,575
The KEYW Holding Corp. (I) 801 10,013
Triumph Group, Inc. 16,863 1,054,443
 
    5,769,190
Air Freight & Logistics - 1.8%    
Echo Global Logistics, Inc. (I) 730 12,520
Forward Air Corp. 1,549 47,105
Hub Group, Inc., Class A (I) 71,177 2,112,533
Pacer International, Inc. (I) 653 2,599
UTi Worldwide, Inc. 131,766 1,774,888
XPO Logistics, Inc. (I)(L) 882 10,796
 
    3,960,441
Airlines - 0.6%    
Allegiant Travel Company (I) 10,897 690,434
Spirit Airlines, Inc. (I) 39,777 679,391
 
    1,369,825
Building Products - 0.6%    
AAON, Inc. 638 12,562

 

Smaller Company Growth Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Building Products (continued)    
American Woodmark Corp. (I) 188 $ 3,754
AO Smith Corp. 14,675 844,400
Armstrong World Industries, Inc. (L) 1,252 58,055
Fortune Brands Home & Security, Inc. (I) 7,649 206,599
Simpson Manufacturing Company, Inc. 721 20,635
Trex Company, Inc. (I) 707 24,123
USG Corp. (I)(L) 1,973 43,307
 
    1,213,435
Commercial Services & Supplies - 2.7%    
ACCO Brands Corp. (I) 3,911 25,382
American Reprographics Company (I) 737 3,147
Clean Harbors, Inc. (I) 2,554 124,763
Corrections Corp. of America 24,033 803,904
Covanta Holding Corp. 41,480 711,797
Encore Capital Group, Inc. (I) 19,532 551,974
EnergySolutions, Inc. (I) 1,494 4,079
EnerNOC, Inc. (I) 1,198 15,550
Healthcare Services Group, Inc. (L) 3,397 77,689
Herman Miller, Inc. 3,106 60,381
InnerWorkings, Inc. (I)(L) 51,989 676,897
Interface, Inc. (L) 1,669 22,047
KAR Auction Services, Inc. (I) 2,178 42,994
Knoll, Inc. 2,554 35,628
Mobile Mini, Inc. (I) 2,070 34,590
Portfolio Recovery Associates, Inc. (I)(L) 911 95,136
Quad/Graphics, Inc. (L) 26,100 442,656
Rollins, Inc. 32,977 771,332
Standard Parking Corp. (I) 829 18,594
Sykes Enterprises, Inc. (I) 2,082 27,982
Team, Inc. (I) 1,008 32,105
Tetra Tech, Inc. (I) 25,777 676,904
UniFirst Corp. 7,882 526,439
 
    5,781,970
Construction & Engineering - 2.1%    
Aegion Corp. (I) 1,361 26,077
Dycom Industries, Inc. (I) 631 9,074
Furmanite Corp. (I) 1,988 11,292
MasTec, Inc. (I) 117,034 2,305,570
MYR Group, Inc. (I) 1,088 21,706
Orion Marine Group, Inc. (I) 725 5,387
Quanta Services, Inc. (I) 78,810 1,946,607
The Shaw Group, Inc. (I) 3,510 153,106
 
    4,478,819
Electrical Equipment - 1.7%    
Acuity Brands, Inc. (L) 1,127 71,328
American Superconductor Corp. (I) 2,192 9,097
AZZ, Inc. 465 17,661
Belden, Inc. 89,220 3,290,434
Capstone Turbine Corp. (I)(L) 15,777 15,777
Ener1, Inc. (I) 28 0
Franklin Electric Company, Inc. 1,062 64,240
Global Power Equipment Group, Inc. 913 16,881
II-VI, Inc. (I)(L) 2,854 54,283
Polypore International, Inc. (I)(L) 2,478 87,597
Powell Industries, Inc. (I) 496 19,180
Preformed Line Products Company 82 4,453
Thermon Group Holdings, Inc. (I) 719 17,968
Vicor Corp. (I) 560 3,735
 
    3,672,634
Industrial Conglomerates - 0.0%    
Raven Industries, Inc. 1,834 53,975

 

321

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Smaller Company Growth Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Industrial Conglomerates (continued)    
Seaboard Corp. (I) 20 $ 45,203
    99,178
Machinery - 2.1%    
Accuride Corp. (I) 1,390 6,477
Actuant Corp., Class A (L) 15,555 445,184
American Railcar Industries, Inc. (I) 257 7,283
Astec Industries, Inc. (I)(L) 1,032 32,622
Barnes Group, Inc. 2,456 61,425
Blount International, Inc. (I) 2,478 32,610
Chart Industries, Inc. (I)(L) 6,903 509,787
CLARCOR, Inc. 1,739 77,612
Colfax Corp. (I) 2,996 109,863
Commercial Vehicle Group, Inc. (I) 1,329 9,768
Dynamic Materials Corp. 706 10,604
EnPro Industries, Inc. (I)(L) 1,097 39,503
Federal Signal Corp. (I) 3,316 20,957
Graco, Inc. 3,218 161,801
Kennametal, Inc. 2,131 79,017
Lincoln Electric Holdings, Inc. 4,235 165,377
Lindsay Corp. 677 48,724
Meritor, Inc. (I) 4,881 20,695
Middleby Corp. (I) 5,387 622,953
Navistar International Corp. (I) 2,372 50,025
Nordson Corp. 2,911 170,643
PMFG, Inc. (I) 907 7,338
RBC Bearings, Inc. (I) 1,182 56,854
Robbins & Myers, Inc. 1,052 62,699
Sauer-Danfoss, Inc. 645 25,935
Sun Hydraulics Corp. 1,106 29,386
Tennant Company 904 38,709
The Gorman-Rupp Company (L) 783 21,141
The Manitowoc Company, Inc. (L) 6,689 89,231
The Toro Company (L) 19,557 777,977
Titan International, Inc. (L) 2,136 37,722
Trimas Corp. (I) 14,722 354,947
Valmont Industries, Inc. 636 83,634
Wabash National Corp. (I) 1,267 9,034
Wabtec Corp. 2,565 205,944
Woodward, Inc. 3,314 112,610
 
    4,596,091
Marine - 0.1%    
Genco Shipping & Trading, Ltd. (I)(L) 613 2,256
Kirby Corp. (I) 2,678 148,040
 
    150,296
Professional Services - 1.3%    
Acacia Research Corp. (I) 2,647 72,554
Exponent, Inc. (I) 7,875 449,584
FTI Consulting, Inc. (I) 2,235 59,630
Hill International, Inc. (I) 934 4,072
Huron Consulting Group, Inc. (I) 17,093 595,178
Insperity, Inc. 1,180 29,771
Kforce, Inc. (I) 1,568 18,487
Korn/Ferry International (I) 1,269 19,454
Mistras Group, Inc. (I) 893 20,718
On Assignment, Inc. (I) 2,005 39,940
Pendrell Corp. (I) 5,521 6,239
Resources Connection, Inc. 2,267 29,720
RPX Corp. (I) 948 10,627
The Advisory Board Company (I) 1,827 87,385
The Corporate Executive Board Company 15,404 826,117
The Dolan Company (I) 542 2,916

 

Smaller Company Growth Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Professional Services (continued)    
TrueBlue, Inc. (I) 34,552 $ 543,157
 
    2,815,549
Road & Rail - 0.8%    
Amerco, Inc. 209 22,229
Avis Budget Group, Inc. (I) 5,652 86,928
Celadon Group, Inc. 1,157 18,593
Con-way, Inc. 2,972 81,344
Dollar Thrifty Automotive Group, Inc. (I) 1,493 129,786
Genesee & Wyoming, Inc., Class A (I)(L) 2,158 144,284
Heartland Express, Inc. 2,763 36,914
Knight Transportation, Inc. (L) 3,183 45,517
Landstar System, Inc. 8,322 393,464
Old Dominion Freight Line, Inc. (I) 19,113 576,448
Patriot Transportation Holding, Inc. (I) 107 2,983
RailAmerica, Inc. (I) 1,074 29,503
Roadrunner Transportation Systems, Inc. (I) 748 12,103
Swift Transportation Company (I) 4,635 39,954
Zipcar, Inc. (I) 1,401 10,900
 
    1,630,950
Trading Companies & Distributors - 1.1%    
Air Lease Corp. (I)(L) 3,950 80,580
Applied Industrial Technologies, Inc. 2,023 83,813
Beacon Roofing Supply, Inc. (I)(L) 2,496 71,136
CAI International, Inc. (I) 217 4,453
DXP Enterprises, Inc. (I) 528 25,223
H&E Equipment Services, Inc. 1,034 12,532
Kaman Corp. (L) 442 15,850
Rush Enterprises, Inc., Class A (I) 1,484 28,582
Titan Machinery, Inc. (I) 943 19,124
United Rentals, Inc. (I)(L) 4,242 138,756
Watsco, Inc. (L) 925 70,106
WESCO International, Inc. (I) 33,556 1,919,403
 
    2,469,558
 
    38,007,936
Information Technology - 21.2%    
Communications Equipment - 1.1%    
Acme Packet, Inc. (I) 3,094 52,907
ADTRAN, Inc. (L) 3,223 55,693
Anaren, Inc. (I) 236 4,718
Aruba Networks, Inc. (I)(L) 5,954 133,876
Calix, Inc. (I)(L) 1,654 10,586
Ciena Corp. (I) 5,280 71,808
Digi International, Inc. (I) 1,354 13,757
EchoStar Corp., Class A (I) 1,991 57,062
Extreme Networks, Inc. (I) 4,244 14,175
Finisar Corp. (I)(L) 4,861 69,512
Globecomm Systems, Inc. (I)(L) 1,095 12,209
Infinera Corp. (I) 2,921 16,007
InterDigital, Inc. (L) 827 30,831
Ixia (I) 36,536 587,134
JDS Uniphase Corp. (I) 12,540 155,308
Loral Space & Communications, Inc. 508 36,119
NETGEAR, Inc. (I)(L) 2,023 77,157
Oclaro, Inc. (I)(L) 3,974 10,730
Oplink Communications, Inc. (I) 903 14,936
Plantronics, Inc. 2,264 79,987
Procera Networks, Inc. (I)(L) 1,027 24,135
RADWARE, Ltd., ADR (I) 19,306 695,402
ShoreTel, Inc. (I) 2,348 9,603
Sonus Networks, Inc. (I) 11,191 21,039
Sycamore Networks, Inc. 377 5,806

 

322

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Smaller Company Growth Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Communications Equipment (continued)    
ViaSat, Inc. (I)(L) 2,182 $ 81,563
    2,342,060
Computers & Peripherals - 1.4%    
3D Systems Corp. (I)(L) 2,633 86,494
Cray, Inc. (I) 1,669 21,196
Diebold, Inc. 13,080 440,927
Fusion-io, Inc. (I)(L) 2,732 82,698
Imation Corp. (I) 567 3,170
Intevac, Inc. (I) 432 2,640
NCR Corp. (I) 2,958 68,951
NetApp, Inc. (I) 65,650 2,158,572
OCZ Technology Group, Inc. (I)(L) 2,257 7,832
QLogic Corp. (I) 5,191 59,281
Quantum Corp. (I) 12,491 20,111
Silicon Graphics International Corp. (I) 1,705 15,516
STEC, Inc. (I)(L) 1,973 13,318
Stratasys, Inc. (I)(L) 1,134 61,690
Super Micro Computer, Inc. (I) 1,661 19,982
Synaptics, Inc. (I) 1,794 43,092
 
    3,105,470
Electronic Equipment, Instruments & Components - 1.8%  
Agilysys, Inc. (I) 531 4,567
Anixter International, Inc. (L) 1,496 85,960
Badger Meter, Inc. (L) 361 13,137
Cognex Corp. 1,084 37,485
Coherent, Inc. (I) 1,261 57,829
DTS, Inc. (I)(L) 1,004 23,373
Echelon Corp. (I) 1,846 7,089
Fabrinet (I) 1,196 13,862
FARO Technologies, Inc. (I) 902 37,271
FEI Company 1,919 102,667
Insight Enterprises, Inc. (I) 116,060 2,028,729
InvenSense, Inc. (I) 1,724 20,602
IPG Photonics Corp. (I)(L) 1,764 101,077
Maxwell Technologies, Inc. (I)(L) 40,017 324,938
Measurement Specialties, Inc. (I) 765 25,230
Mercury Computer Systems, Inc. (I) 1,648 17,502
Methode Electronics, Inc. 690 6,700
Multi-Fineline Electronix, Inc. (I) 505 11,388
National Instruments Corp. 5,155 129,751
OSI Systems, Inc. (I) 8,771 682,735
Power-One, Inc. (I) 2,795 15,652
RealD, Inc. (I)(L) 2,182 19,507
Rofin-Sinar Technologies, Inc. (I)(L) 1,521 30,009
Rogers Corp. (I)(L) 306 12,962
ScanSource, Inc. (I) 1,470 47,069
Universal Display Corp. (I)(L) 2,224 76,461
 
    3,933,552
Internet Software & Services - 3.0%    
Ancestry.com, Inc. (I)(L) 1,475 44,368
Angie’s List, Inc. (I) 1,372 14,516
AOL, Inc. (I) 19,380 682,757
Bankrate, Inc. (I) 2,130 33,185
Blucora, Inc. (I) 2,027 36,101
Carbonite, Inc. (I)(L) 403 2,825
comScore, Inc. (I)(L) 1,695 25,849
Constant Contact, Inc. (I) 97,935 1,704,069
Cornerstone OnDemand, Inc. (I)(L) 1,326 40,655
CoStar Group, Inc. (I)(L) 6,252 509,788
DealerTrack Holdings, Inc. (I)(L) 27,540 766,989
Demand Media, Inc. (I) 1,581 17,185
Dice Holdings, Inc. (I)(L) 2,554 21,505
Envestnet, Inc. (I) 931 10,893

 

Smaller Company Growth Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Internet Software & Services (continued)    
Internap Network Services Corp. (I) 2,538 $ 17,893
Keynote Systems, Inc. 833 12,062
KIT Digital, Inc. (I)(L) 1,139 3,417
Limelight Networks, Inc. (I)(L) 3,600 8,424
Liquidity Services, Inc. (I)(L) 1,247 62,612
LivePerson, Inc. (I) 40,703 737,131
LogMeIn, Inc. (I) 1,115 25,009
MercadoLibre, Inc. 1,763 145,536
Move, Inc. (I) 1,782 15,361
NIC, Inc. (L) 33,329 493,269
OpenTable, Inc. (I) 962 40,019
Perficient, Inc. (I) 1,612 19,457
QuinStreet, Inc. (I)(L) 1,629 13,667
RealNetworks, Inc. (I) 773 6,431
Responsys, Inc. (I) 885 9,054
SciQuest, Inc. (I) 1,003 18,255
SPS Commerce, Inc. (I)(L) 13,989 538,157
Stamps.com, Inc. (I) 743 17,193
The Active Network, Inc. (I) 2,026 25,386
Travelzoo, Inc. (I)(L) 426 10,041
ValueClick, Inc. (I) 4,080 70,135
VistaPrint NV (I) 1,675 57,201
Vocus, Inc. (I) 680 13,641
WebMD Health Corp. (I) 2,698 37,853
XO Group, Inc. (I) 877 7,323
Zix Corp. (I) 93,540 268,460
 
    6,583,672
IT Services - 4.2%    
Acxiom Corp. (I) 2,659 48,580
Alliance Data Systems Corp. (I) 20,560 2,918,492
Cardtronics, Inc. (I) 26,252 781,785
CoreLogic, Inc. (I) 27,800 737,534
DST Systems, Inc. 897 50,734
Euronet Worldwide, Inc. (I) 2,432 45,697
ExlService Holdings, Inc. (I) 1,276 37,642
FleetCor Technologies, Inc. (I) 2,433 108,998
Forrester Research, Inc. 844 24,282
Heartland Payment Systems, Inc. 18,585 588,773
Higher One Holdings, Inc. (I)(L) 1,454 19,600
iGATE Corp. (I) 1,676 30,453
Jack Henry & Associates, Inc. 4,416 167,366
MAXIMUS, Inc. 14,403 860,147
MoneyGram International, Inc. (I) 917 13,700
NeuStar, Inc., Class A (I) 3,562 142,587
Sapient Corp. (I) 6,011 64,077
ServiceSource International, Inc. (I) 2,180 22,367
Syntel, Inc. 891 55,607
TNS, Inc. (I) 1,298 19,405
Unisys Corp. (I) 2,217 46,158
VeriFone Systems, Inc. (I) 54,560 1,519,496
Virtusa Corp. (I) 1,026 18,232
WEX, Inc. (I) 10,816 754,092
 
    9,075,804
Office Electronics - 0.0%    
Zebra Technologies Corp., Class A (I) 2,762 103,685
Semiconductors & Semiconductor Equipment - 3.8%  
ANADIGICS, Inc. (I) 1,817 2,526
Applied Micro Circuits Corp. (I) 3,299 16,693
Cabot Microelectronics Corp. (L) 1,255 44,101
Cavium, Inc. (I)(L) 18,227 607,506
Ceva, Inc. (I)(L) 1,225 17,616
Cirrus Logic, Inc. (I)(L) 3,433 131,793
Cymer, Inc. (I)(L) 1,565 79,909

 

323

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Smaller Company Growth Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Semiconductors & Semiconductor Equipment (continued)  
Cypress Semiconductor Corp. (I) 2,696 $ 28,901
Diodes, Inc. (I)(L) 31,350 533,264
Entropic Communications, Inc. (I)(L) 4,454 25,922
Exar Corp. (I) 2,032 16,256
Fairchild Semiconductor International, Inc. (I) 119,400 1,566,528
FormFactor, Inc. (I) 959 5,361
GT Advanced Technologies Inc. (I)(L) 6,301 34,340
Hittite Microwave Corp. (I)(L) 1,510 83,760
Inphi Corp. (I) 962 10,255
Integrated Device Technology, Inc. (I)(L) 2,649 15,576
Intermolecular, Inc. (I) 560 3,976
IXYS Corp. (I) 1,324 13,134
Kopin Corp. (I) 3,402 12,792
Lattice Semiconductor Corp. (I) 6,278 24,045
LTX-Credence Corp. (I) 2,605 14,979
MaxLinear, Inc., Class A (I) 1,199 8,021
Micrel, Inc. (L) 2,734 28,488
Microsemi Corp. (I) 4,730 94,931
MIPS Technologies, Inc. (I) 66,780 493,504
MKS Instruments, Inc. (L) 1,399 35,661
Monolithic Power Systems, Inc. (I) 144,248 2,848,898
Nanometrics, Inc. (I)(L) 1,178 16,268
NVE Corp. (I)(L) 3,942 233,327
OmniVision Technologies, Inc. (I)(L) 985 13,746
Pericom Semiconductor Corp. (I) 443 3,847
Power Integrations, Inc. 1,511 45,980
Rambus, Inc. (I) 5,294 29,329
RF Micro Devices, Inc. (I)(L) 14,810 58,500
Rubicon Technology, Inc. (I)(L) 954 9,139
Semtech Corp. (I) 3,488 87,723
Sigma Designs, Inc. (I) 889 5,876
Silicon Image, Inc. (I) 2,191 10,057
Silicon Laboratories, Inc. (I) 2,169 79,732
STR Holdings, Inc. (I) 463 1,435
Supertex, Inc. (I) 190 3,397
Teradyne, Inc. (I)(L) 9,939 141,333
TriQuint Semiconductor, Inc. (I) 8,974 45,319
Ultratech, Inc. (I) 1,397 43,838
Veeco Instruments, Inc. (I) 2,069 62,111
Volterra Semiconductor Corp. (I)(L) 28,060 613,672
 
    8,303,365
Software - 5.9%    
Accelrys, Inc. (I) 2,966 25,686
ACI Worldwide, Inc. (I) 7,760 327,938
Actuate Corp. (I) 2,475 17,399
Advent Software, Inc. (I) 67,354 1,654,888
Allot Communications, Ltd. (I) 21,620 573,362
Ariba, Inc. (I) 5,225 234,080
Aspen Technology, Inc. (I) 4,982 128,785
Blackbaud, Inc. 2,404 57,504
Bottomline Technologies, Inc. (I)(L) 1,957 48,318
BroadSoft, Inc. (I) 1,171 48,034
Cadence Design Systems, Inc. (I)(L) 14,623 188,125
Clicksoftware Technologies, Ltd. 51,389 395,695
CommVault Systems, Inc. (I) 12,448 730,698
Compuware Corp. (I) 4,058 40,215
Comverse Technology, Inc. (I) 11,664 71,734
Concur Technologies, Inc. (I)(L) 2,479 182,777
Deltek, Inc. (I) 623 8,111
Ebix, Inc. (L) 1,943 45,874
Ellie Mae, Inc. (I) 1,053 28,673
Fair Isaac Corp. 1,826 80,819
Imperva, Inc. (I) 307 11,356
Interactive Intelligence Group (I) 819 24,611

 

Smaller Company Growth Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Software (continued)    
JDA Software Group, Inc. (I) 2,266 $ 72,013
Jive Software, Inc. (I) 987 15,506
Kenexa Corp. (I) 1,237 56,692
Manhattan Associates, Inc. (I) 12,462 713,699
Mentor Graphics Corp. (I) 39,480 611,150
MicroStrategy, Inc., Class A (I) 456 61,136
Monotype Imaging Holdings, Inc. 1,950 30,401
Netscout Systems, Inc. (I) 28,648 730,810
NetSuite, Inc. (I) 1,308 83,450
NICE Systems, Ltd., ADR (I) 20,953 696,059
Opnet Technologies, Inc. (L) 841 28,653
Parametric Technology Corp. (I) 6,367 138,801
Pegasystems, Inc. 908 26,368
Progress Software Corp. (I)(L) 2,175 46,523
PROS Holdings, Inc. (I) 1,093 20,844
QLIK Technologies, Inc. (I) 4,091 91,679
Quest Software, Inc. (I) 3,143 88,004
RealPage, Inc. (I) 1,955 44,183
Rosetta Stone, Inc. (I)(L) 681 8,683
Rovi Corp. (I) 116,830 1,695,203
Seachange International, Inc. (I) 1,554 12,199
SolarWinds, Inc. (I) 8,784 489,620
Sourcefire, Inc. (I)(L) 1,574 77,173
SS&C Technologies Holdings, Inc. (I) 2,298 57,933
Synchronoss Technologies, Inc. (I)(L) 1,559 35,701
Take-Two Interactive Software, Inc. (I) 2,800 29,204
Tangoe, Inc. (I)(L) 33,983 446,197
TeleNav, Inc. (I) 575 3,433
TiVo, Inc. (I) 6,639 69,245
Tyler Technologies, Inc. (I)(L) 13,601 598,716
Ultimate Software Group, Inc. (I) 6,719 686,010
VASCO Data Security International, Inc. (I) 1,655 15,524
Verint Systems, Inc. (I) 1,250 34,300
VirnetX Holding Corp. (I)(L) 2,167 55,107
Websense, Inc. (I) 1,983 31,034
 
    12,825,935
 
    46,273,543
Materials - 4.7%    
Chemicals - 2.5%    
American Vanguard Corp. (L) 16,078 559,514
Arabian American    
Development Company (I)(L) 951 9,310
Balchem Corp. 21,633 794,580
Calgon Carbon Corp. (I) 1,515 21,680
Chemtura Corp. (I) 5,254 90,474
Flotek Industries, Inc. (I)(L) 2,504 31,726
FMC Corp. 39,210 2,171,450
Georgia Gulf Corp. (L) 638 23,108
Hawkins, Inc. (L) 500 20,775
Innospec, Inc. (I) 1,107 37,549
Intrepid Potash, Inc. (I)(L) 3,007 64,590
Koppers Holdings, Inc. (L) 1,106 38,633
Kraton Performance Polymers, Inc. (I) 15,136 395,050
LSB Industries, Inc. (I) 1,012 44,396
NewMarket Corp. (L) 1,981 488,277
OMNOVA Solutions, Inc. (I) 2,328 17,623
PolyOne Corp. 18,575 307,788
Rockwood Holdings, Inc. 3,718 173,259
Stepan Company 163 15,668
TPC Group, Inc. (I) 709 28,934
Tredegar Corp. 409 7,256
Zep, Inc. 1,008 15,241

 

324

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Smaller Company Growth Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Chemicals (continued)    
Zoltek Companies, Inc. (I) 1,544 $ 11,873
    5,368,754
Construction Materials - 0.0%    
Eagle Materials, Inc. 1,146 53,014
Headwaters, Inc. (I) 1,631 10,732
Texas Industries, Inc. (I) 286 11,626
United States Lime & Minerals, Inc. (I) 105 5,062
 
    80,434
Containers & Packaging - 0.3%    
Graphic Packaging Holding Company (I) 7,324 42,552
Silgan Holdings, Inc. 12,042 523,947
 
    566,499
Metals & Mining - 1.1%    
Allegheny Technologies, Inc. 36,740 1,172,006
Allied Nevada Gold Corp. (I)(L) 4,547 177,606
Carpenter Technology Corp. 829 43,373
Century Aluminum Company (I) 999 7,143
Coeur d’Alene Mines Corp. (I) 2,393 68,990
General Moly, Inc. (I)(L) 3,216 10,195
Globe Specialty Metals, Inc. 3,398 51,718
Gold Resource Corp. (L) 1,691 36,272
Haynes International, Inc. 323 16,844
Materion Corp. (L) 1,031 24,538
McEwen Mining, Inc. (I)(L) 10,702 49,122
Midway Gold Corp. (I)(L) 5,181 8,497
Noranda Aluminum Holding Corp. (L) 1,798 12,029
Paramount Gold and Silver Corp. (I) 6,660 17,716
Royal Gold, Inc. 3,132 312,762
Stillwater Mining Company (I) 42,576 501,971
 
    2,510,782
Paper & Forest Products - 0.8%    
Buckeye Technologies, Inc. (L) 23,694 759,630
Clearwater Paper Corp. (I)(L) 1,245 51,431
Deltic Timber Corp. (L) 607 39,613
KapStone Paper and Packaging Corp. (I) 38,339 858,410
Louisiana-Pacific Corp. (I)(L) 3,662 45,775
Schweitzer-Mauduit International, Inc. 831 27,415
 
    1,782,274
    10,308,743
Telecommunication Services - 2.0%    
Diversified Telecommunication Services - 2.0%    
Atlantic Tele-Network, Inc. 174 7,479
Cbeyond, Inc. (I) 1,626 16,032
Cincinnati Bell, Inc. (I)(L) 9,980 56,886
Cogent Communications Group, Inc. 152,560 3,507,354
Elephant Talk Communications, Inc. (I) 2,731 3,769
General Communication, Inc., Class A (I) 1,522 14,916
inContact, Inc. (I) 74,203 483,804
Neutral Tandem, Inc. (I) 1,590 14,914
tw telecom, Inc. (I) 8,015 208,951
 
    4,314,105
Wireless Telecommunication Services - 0.0%    
Boingo Wireless, Inc. (I)(L) 738 5,860
Clearwire Corp., Class A (I)(L) 20,990 28,337
Leap Wireless International, Inc. (I) 963 6,568
 
    40,765
    4,354,870

 

Smaller Company Growth Trust (continued)
   Shares or  
   Principal  
   Amount Value
 
 
COMMON STOCKS (continued)      
Utilities - 0.0%      
Independent Power Producers & Energy Traders - 0.0%    
GenOn Energy, Inc. (I) 14,402 $ 36,437
TOTAL COMMON STOCKS (Cost $182,604,712)   $ 212,198,174
 
WARRANTS - 0.0%      
Energy - 0.0%      
Magnum Hunter Resources (Expiration Date:      
10/14/2013; Strike Price: $10.50) (I)(L) 8,357 450
TOTAL WARRANTS (Cost $0)   $ 450
 
SECURITIES LENDING COLLATERAL - 19.3%    
John Hancock Collateral      
Investment Trust, 0.3462% (W)(Y) 4,208,483 42,121,026
TOTAL SECURITIES LENDING      
COLLATERAL (Cost $42,119,142)   $ 42,121,026
 
SHORT-TERM INVESTMENTS - 2.1%      
Money Market Funds - 0.3%      
State Street Institutional Liquid Reserves      
Fund, 0.2101% (Y) 758,928 758,928
Repurchase Agreement - 1.8%      
Repurchase Agreement with State Street Corp.      
dated 09/28/2012 at 0.010% to be      
repurchased at $3,858,004 on 10/01/2012,      
collateralized by $3,000,000 U.S. Treasury      
Notes, 0.375% due 04/15/2015 and 5.250%      
due 02/15/2026 (valued at $3,939,311,      
including interest) $  3,858,000 $ 3,858,000
TOTAL SHORT-TERM INVESTMENTS (Cost $4,616,928) $ 4,616,928
Total Investments (Smaller Company Growth Trust)    
(Cost $229,340,782) - 118.8%   $ 258,936,578
Other assets and liabilities, net - (18.8%)     (40,984,461)
 
TOTAL NET ASSETS - 100.0%   $ 217,952,117
 
 
 
Strategic Allocation Trust      
   Shares or  
   Principal  
   Amount Value
 
CORPORATE BONDS - 43.9%      
Consumer Discretionary      
AutoZone, Inc.      
5.875%, 10/15/2012 $ 100,000   $ 100,181
Best Buy Company, Inc.      
7.000%, 07/15/2013 500,000  514,802
BMW US Capital LLC      
4.625%, 02/20/2013 EUR 500,000  652,683
Comcast Cable Communications      
Holdings, Inc.      
8.375%, 03/15/2013 $  250,000  258,889
Comcast Cable Communications LLC      
7.125%, 06/15/2013 250,000 261,582
COX Communications, Inc.      
4.625%, 06/01/2013 300,000 308,306
7.125%, 10/01/2012 200,000 200,000
Daimler Finance North America LLC      
6.500%, 11/15/2013 800,000 851,644
Macy’s Retail Holdings, Inc.      
5.875%, 01/15/2013 750,000 760,073

 

325

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Strategic Allocation Trust (continued)  
    Shares or  
    Principal  
    Amount Value
 
 
CORPORATE BONDS (continued)      
Consumer Discretionary (continued)      
News America Holdings, Inc.      
9.250%, 02/01/2013 $ 200,000 $ 205,213
Staples, Inc.      
9.750%, 01/15/2014   500,000 553,197
Time Warner Cable, Inc.      
8.250%, 02/14/2014   500,000 550,305
Toyota Motor Credit Corp.      
1.900%, 12/05/2012   250,000 250,653
Volkswagen International Finance NV      
1.625%, 08/12/2013 (S)   650,000 656,377
 
      6,123,905
Consumer Staples      
Altria Group, Inc.      
8.500%, 11/10/2013   500,000 542,611
Anheuser-Busch InBev Worldwide, Inc.      
2.500%, 03/26/2013   350,000 353,464
BAT International Finance PLC      
8.125%, 11/15/2013 (S)   500,000 537,938
Coca-Cola Enterprises, Inc.      
1.125%, 11/12/2013   500,000 502,751
Diageo Finance BV      
5.500%, 04/01/2013   500,000 512,842
Dr. Pepper Snapple Group, Inc.      
2.350%, 12/21/2012   500,000 502,071
Kellogg Company      
5.125%, 12/03/2012   450,000 453,586
Kraft Foods, Inc.      
2.625%, 05/08/2013   400,000 404,662
PepsiCo, Inc.      
4.650%, 02/15/2013   400,000 403,384
Safeway, Inc.      
6.250%, 03/15/2014   500,000 534,489
 
      4,747,798
Energy      
Anadarko Petroleum Corp.      
5.000%, 10/01/2012   125,000 125,000
Valero Energy Corp.      
4.750%, 06/15/2013   500,000 512,912
 
      637,912
Financials      
American Express Centurion Bank      
5.550%, 10/17/2012   350,000 350,697
American Honda Finance Corp.      
2.375%, 03/18/2013 (S)   300,000 302,615
American International Group, Inc.      
4.250%, 05/15/2013   500,000 510,128
ANZ National International, Ltd.      
2.375%, 12/21/2012 (S)   125,000 125,547
Aon Corp.      
7.375%, 12/14/2012   100,000 101,245
Bank of America Corp.      
4.875%, 01/15/2013   300,000 303,427
Bank of Montreal      
2.125%, 06/28/2013   500,000 506,682
Bank One Corp.      
5.250%, 01/30/2013   500,000 508,057
Barclays Bank PLC      
1.496%, 01/13/2014 (P)   500,000 502,043
Capital One Bank      
6.500%, 06/13/2013   350,000 363,919
Citigroup, Inc.      
1.906%, 01/13/2014 (P)   400,000 403,286
5.300%, 10/17/2012   400,000 400,765

 

Strategic Allocation Trust (continued)  
    Shares or  
    Principal  
    Amount Value
 
 
CORPORATE BONDS (continued)      
Financials (continued)      
Cooperatieve Centrale Raiffeisen-      
boerenleenbank BA      
1.850%, 01/10/2014 $ 500,000 $ 507,342
Credit Suisse New York      
5.000%, 05/15/2013   800,000 821,378
Fifth Third Bancorp      
6.250%, 05/01/2013   400,000 412,945
General Electric Capital Corp.      
2.800%, 01/08/2013   100,000 100,634
4.800%, 05/01/2013   300,000 307,615
Goldman Sachs Group, Inc.      
5.250%, 04/01/2013   300,000 306,779
Hartford Life Institutional Funding      
0.755%, 08/15/2013 (P)(S)   500,000 499,031
HSBC Bank PLC      
0.855%, 01/18/2013 (P)(S)   400,000 400,483
JPMorgan Chase & Company      
5.250%, 11/02/2012   100,000 100,284
Merrill Lynch & Company, Inc.      
6.150%, 04/25/2013   300,000 308,876
Metropolitan Life Global Funding I      
2.000%, 01/10/2014 (S)   300,000 304,399
2.500%, 01/11/2013 (S)   300,000 301,646
Midamerican Energy Holdings Company      
5.000%, 02/15/2014   500,000 528,581
Morgan Stanley      
5.300%, 03/01/2013   500,000 508,802
National City Bank      
4.625%, 05/01/2013   750,000 766,914
Prudential Financial, Inc.      
5.150%, 01/15/2013   400,000 405,291
Royal Bank of Canada      
1.125%, 01/15/2014   500,000 504,596
TD Ameritrade Holding Corp.      
2.950%, 12/01/2012   500,000 502,058
Wachovia Corp.      
2.215%, 05/01/2013 (P)   400,000 404,051
 
      12,370,116
Health Care      
Medco Health Solutions, Inc.      
6.125%, 03/15/2013   500,000 512,267
WellPoint, Inc.      
6.000%, 02/15/2014   500,000 535,008
 
      1,047,275
Industrials      
Burlington Northern Santa Fe LLC      
7.000%, 02/01/2014   500,000 542,279
Caterpillar, Inc.      
7.000%, 12/15/2013   800,000 862,875
ERAC USA Finance LLC      
2.250%, 01/10/2014 (S)   500,000 506,489
5.800%, 10/15/2012 (S)   500,000 500,807
General Dynamics Corp.      
5.250%, 02/01/2014   500,000 531,484
Hutchison Whampoa International, Ltd.      
6.500%, 02/13/2013 (S)   800,000 815,699
John Deere Capital Corp.      
1.600%, 03/03/2014   500,000 507,996
4.500%, 04/03/2013   500,000 510,596
Siemens Financieringsmaatschappij NV      
4.125%, 02/20/2013 EUR 500,000 651,897

 

326

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Strategic Allocation Trust (continued)  
    Shares or  
    Principal  
    Amount Value
 
CORPORATE BONDS (continued)      
Industrials (continued)      
Union Pacific Corp.      
5.450%, 01/31/2013 $ 250,000 $ 254,111
      5,684,233
Information Technology      
Hewlett-Packard Company      
4.500%, 03/01/2013   300,000 304,512
HP Enterprise Services LLC      
6.000%, 08/01/2013   300,000 312,698
Tyco Electronics Group SA      
6.000%, 10/01/2012   400,000 400,000
Xerox Corp.      
5.650%, 05/15/2013   500,000 515,386
 
      1,532,596
Materials      
Alcoa, Inc.      
6.000%, 07/15/2013   500,000 519,184
ArcelorMittal      
5.375%, 06/01/2013   400,000 410,214
Ei du Pont de Nemours & Company      
4.125%, 03/06/2013   300,000 304,762
The Dow Chemical Company      
6.000%, 10/01/2012   250,000 250,000
 
      1,484,160
Telecommunication Services      
Alltel Corp.      
6.500%, 11/01/2013   750,000 796,317
British Telecommunications PLC      
2.000%, 06/22/2015   1,000,000 1,028,155
5.150%, 01/15/2013   500,000 506,505
Deutsche Telekom International      
Finance BV      
5.250%, 07/22/2013   750,000 777,566
Telecom Italia Capital SA      
5.250%, 11/15/2013   750,000 773,438
Telefonica Emisiones SAU      
2.582%, 04/26/2013   500,000 500,625
Verizon Communications, Inc.      
4.350%, 02/15/2013   400,000 405,819
 
      4,788,425
Utilities      
DTE Energy Company      
1.118%, 06/03/2013 (P)   500,000 501,408
Duke Energy Corp.      
6.300%, 02/01/2014   500,000 536,685
MidAmerican Energy Holdings Company      
5.875%, 10/01/2012   400,000 400,000
Pacific Gas & Electric Company      
6.250%, 12/01/2013   500,000 532,174
PPL Electric Utilities Corp.      
7.375%, 03/01/2014   500,000 545,765
PSEG Power LLC      
2.500%, 04/15/2013   500,000 505,518
 
      3,021,550
TOTAL CORPORATE BONDS (Cost $41,387,437) $ 41,437,970
 
SHORT-TERM INVESTMENTS - 33.9%      
U.S. Government - 33.9%      
U.S. Treasury Bill      
0.088%, 11/01/2012 *   4,000,000 3,999,697
0.111%, 11/15/2012 *   4,000,000 3,999,445
0.116%, 10/18/2012 *   9,500,000 9,499,480

 

Strategic Allocation Trust (continued)  
  Shares or   
   Principal  
   Amount Value
 
SHORT-TERM INVESTMENTS (continued)      
U.S. Government (continued)      
U.S. Treasury Bill (continued)      
0.130%, 03/28/2013 * $ 5,000,000  4,996,786
0.135%, 02/28/2013 * 5,000,000 4,997,188
0.136%, 11/23/2012 * 4,500,000 4,499,099
 
      31,991,695
TOTAL SHORT-TERM INVESTMENTS (Cost $31,991,695) $ 31,991,695
Total Investments (Strategic Allocation Trust)      
(Cost $73,379,132) - 77.8%   $ 73,429,665
Other assets and liabilities, net - 22.2%     20,997,196
 
TOTAL NET ASSETS - 100.0%   $ 94,426,861
 
 
 
Strategic Equity Allocation Trust    
  Shares or   
   Principal  
   Amount Value
 
COMMON STOCKS - 98.7%      
Consumer Discretionary - 11.0%      
Auto Components - 0.4%      
Aisin Seiki Company, Ltd. 36,027 $ 1,023,887
American Axle &      
Manufacturing Holdings, Inc. (I) 21,381 240,964
BorgWarner, Inc. (I) (L) 43,676 3,018,448
Bridgestone Corp. 122,374 2,835,941
Cie Generale des Etablissements Michelin 33,877 2,663,258
Continental AG 15,050 1,476,462
Cooper Tire & Rubber Company 19,846 380,646
Dana Holding Corp. 47,029 578,457
Denso Corp. 91,506 2,871,630
Dorman Products, Inc. (I) (L) 7,849 247,322
Drew Industries, Inc. (I) 6,154 185,912
Exide Technologies (I) 25,400 78,740
Federal-Mogul Corp. (I) 5,942 54,369
Fuel Systems Solutions, Inc. (I) (L) 4,754 81,721
Gentex Corp. (L) 72,790 1,238,158
Gentherm, Inc. (I) 9,622 119,698
GKN PLC 292,739 1,017,648
Johnson Controls, Inc. 261,381 7,161,839
Koito Manufacturing Company, Ltd. 18,518 213,849
Modine Manufacturing Company (I) 15,072 111,231
NGK Spark Plug Company, Ltd. 33,954 356,960
NHK Spring Company, Ltd. 29,877 256,295
NOK Corp. 19,572 313,070
Nokian Renkaat OYJ 21,088 861,500
Pirelli & C. SpA (L) 44,789 483,931
Spartan Motors, Inc. (L) 11,392 56,960
Standard Motor Products, Inc. 6,462 119,030
Stanley Electric Company, Ltd. 27,067 400,617
Stoneridge, Inc. (I) 9,625 47,836
Sumitomo Rubber Industries, Ltd. 32,130 381,362
Superior Industries International, Inc. 7,312 124,962
Tenneco, Inc. (I) 19,344 541,632
The Goodyear Tire & Rubber Company (I) 93,142 1,135,401
Toyoda Gosei Company, Ltd. 12,203 244,194
Toyota Boshoku Corp. 12,289 127,443
Toyota Industries Corp. 30,668 857,981
 
      31,909,354
Automobiles - 0.9%      
Bayerische Motoren Werke AG 62,313 4,568,223
Daihatsu Motor Company, Ltd. 36,012 600,319

 

327

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Strategic Equity Allocation Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Automobiles (continued)    
Daimler AG 170,605 $ 8,274,927
Fiat SpA (I) 164,814 883,080
Ford Motor Company 1,458,367 14,379,499
Fuji Heavy Industries, Ltd. 110,014 912,593
Harley-Davidson, Inc. (L) 87,115 3,691,063
Honda Motor Company, Ltd. 306,857 9,415,816
Isuzu Motors, Ltd. 222,979 1,076,153
Mazda Motor Corp. (I) 508,094 591,785
Mitsubishi Motors Corp. (I) (L) 730,086 673,236
Nissan Motor Company, Ltd. (L) 467,965 3,984,231
Peugeot SA (I) (L) 43,428 344,395
Renault SA 36,164 1,704,509
Suzuki Motor Corp. (L) 68,635 1,331,462
Thor Industries, Inc. (L) 22,110 803,035
Toyota Motor Corp. 519,161 20,369,995
Volkswagen AG 5,556 930,462
Winnebago Industries, Inc. (I) 9,354 118,141
Yamaha Motor Company, Ltd. 52,653 459,757
 
    75,112,681
Commercial Services & Supplies - 0.0%    
Actrade Financial Technologies, Ltd. (I) 382 0
Distributors - 0.1%    
Core-Mark Holding Company, Inc. 3,670 176,564
Genuine Parts Company (L) 59,404 3,625,426
Jardine Cycle and Carriage, Ltd. 20,467 800,028
Li & Fung, Ltd. 1,100,227 1,702,677
LKQ Corp. (I) 149,222 2,760,607
Pool Corp. 15,116 628,523
VOXX International Corp. (I) 6,016 45,000
Weyco Group, Inc. 2,270 55,275
 
    9,794,100
Diversified Consumer Services - 0.2%    
American Public Education, Inc. (I) (L) 5,735 208,926
Apollo Group, Inc., Class A (I) (L) 38,406 1,115,694
Ascent Capital Group, Inc., Class A (I) 4,612 249,094
Benesse Holdings, Inc. 12,755 617,181
Bridgepoint Education, Inc. (I) (L) 5,504 55,866
Capella Education Company (I) 4,344 152,301
Career Education Corp. (I) (L) 16,507 62,231
Carriage Services, Inc. 5,619 54,336
Coinstar, Inc. (I) (L) 9,928 446,561
Collectors Universe, Inc. 2,063 28,944
Corinthian Colleges, Inc. (I) (L) 24,691 58,765
DeVry, Inc. (L) 22,429 510,484
Education Management Corp. (I) (L) 8,225 25,580
Grand Canyon Education, Inc. (I) (L) 12,791 300,972
H&R Block, Inc. 104,446 1,810,049
Hillenbrand, Inc. 17,484 318,034
ITT Educational Services, Inc. (I) (L) 7,863 253,424
K12, Inc. (I) (L) 8,519 172,084
Lincoln Educational Services Corp. 7,622 32,012
Mac-Gray Corp. 4,074 54,632
Matthews International Corp., Class A (L) 23,106 689,021
Regis Corp. (L) 46,999 863,842
Service Corp. International 108,062 1,454,515
Sotheby’s (L) 55,619 1,751,999
Steiner Leisure, Ltd. (I) 4,840 225,302
Stewart Enterprises, Inc., Class A (L) 23,617 198,265
Strayer Education, Inc. (L) 9,788 629,858
Universal Technical Institute, Inc. 6,892 94,420
 
    12,434,392

 

Strategic Equity Allocation Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Hotels, Restaurants & Leisure - 1.7%    
Accor SA 27,813 $ 930,572
AFC Enterprises, Inc. (I) 7,769 191,117
Ameristar Casinos, Inc. 10,578 188,288
Autogrill SpA 21,554 205,375
Bally Technologies, Inc. (I) (L) 20,866 1,030,572
Biglari Holdings, Inc. (I) 380 138,723
BJ’s Restaurants, Inc. (I) (L) 7,765 352,143
Bluegreen Corp. (I) 5,162 32,417
Bob Evans Farms, Inc. 23,348 913,607
Boyd Gaming Corp. (I) (L) 17,660 124,680
Bravo Brio Restaurant Group, Inc. (I) 6,276 91,316
Brinker International, Inc. (L) 37,234 1,314,360
Buffalo Wild Wings, Inc. (I) 5,878 503,980
Caesars Entertainment Corp. (I) (L) 11,779 80,097
Caribou Coffee Company, Inc. (I) (L) 6,749 92,664
Carnival Corp. (L) 170,924 6,228,471
Carnival PLC 34,117 1,260,566
Carrols Restaurant Group, Inc. (I) 5,539 31,905
CEC Entertainment, Inc. 5,821 175,329
Chipotle Mexican Grill, Inc. (I) (L) 12,077 3,834,931
Churchill Downs, Inc. 4,175 261,856
Compass Group PLC 353,485 3,909,521
Cracker Barrel Old Country Store, Inc. 6,056 406,418
Crown, Ltd. 75,438 709,736
Darden Restaurants, Inc. (L) 49,039 2,733,924
Denny’s Corp. (I) 30,905 149,889
DineEquity, Inc. (I) (L) 4,887 273,672
Domino’s Pizza, Inc. 18,391 693,341
Echo Entertainment Group, Ltd. 139,854 553,261
Einstein Noah Restaurant Group, Inc. 2,049 36,247
Fiesta Restaurant Group, Inc. (I) 5,391 85,555
Frisch’s Restaurants, Inc. 1,197 23,760
Galaxy Entertainment Group, Ltd. (I) 275,609 922,621
Genting Singapore PLC 1,148,571 1,277,637
Ignite Restaurant Group, Inc. (I) 2,190 30,529
Intercontinental Hotels Group PLC 54,863 1,439,153
International Game Technology 102,505 1,341,790
International Speedway Corp., Class A 21,630 613,643
Interval Leisure Group, Inc. 12,437 235,432
Isle of Capri Casinos, Inc. (I) 6,939 48,226
Jack in the Box, Inc. (I) 13,997 393,456
Jamba, Inc. (I) 22,353 49,847
Krispy Kreme Doughnuts, Inc. (I) 18,802 149,100
Life Time Fitness, Inc. (I) (L) 33,764 1,544,365
Luby’s, Inc. (I) 6,499 43,738
Marcus Corp. 6,459 71,695
Marriott International, Inc. (L) 96,099 3,757,471
Marriott Vacations Worldwide Corp. (I) 8,423 303,396
McDonald’s Corp. 385,087 35,331,732
McDonald’s Holdings Company, Ltd. 12,461 354,497
MGM China Holdings, Ltd. 178,710 308,428
Monarch Casino & Resort, Inc. (I) 3,150 27,437
Morgans Hotel Group Company (I) 7,377 47,360
MTR Gaming Group, Inc. (I) 8,017 33,752
Multimedia Games Holding Company, Inc. (I) 8,849 139,195
Nathan’s Famous, Inc. (I) 986 31,010
OPAP SA 38,781 199,868
Orient-Express Hotels, Ltd., Class A (I) 30,532 271,735
Oriental Land Company, Ltd. (L) 9,445 1,242,859
Panera Bread Company, Class A (I) 14,184 2,423,904
Papa John’s International, Inc. (I) 5,696 304,223
Peet’s Coffee & Tea, Inc. (I) (L) 4,241 311,035
Pinnacle Entertainment, Inc. (I) 19,881 243,542
Premier Exhibitions, Inc. (I) 1,409 3,339
Red Lion Hotels Corp. (I) 5,236 32,725

 

328

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Strategic Equity Allocation Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Hotels, Restaurants & Leisure (continued)    
Red Robin Gourmet Burgers, Inc. (I) (L) 4,647 $ 151,306
Ruby Tuesday, Inc. (I) 20,332 147,407
Ruth’s Hospitality Group, Inc. (I) (L) 11,731 74,726
Ryman Hospitality Properties (I) 9,809 387,750
Sands China, Ltd. 454,453 1,684,506
Scientific Games Corp., Class A (I) 46,780 386,871
Shangri-La Asia, Ltd. 294,345 571,030
SHFL Entertainment, Inc. (I) 17,594 278,161
Six Flags Entertainment Corp. 12,573 739,292
SJM Holdings, Ltd. 365,042 789,600
SKYCITY Entertainment Group, Ltd. 108,636 339,930
Sodexo 17,732 1,336,586
Sonic Corp. (I) (L) 19,249 197,687
Speedway Motorsports, Inc. 3,824 58,890
Starbucks Corp. 290,359 14,735,719
Starwood Hotels & Resorts Worldwide, Inc. 75,296 4,364,156
Tabcorp Holdings, Ltd. 137,216 392,704
Tatts Group, Ltd. 256,298 718,530
Texas Roadhouse, Inc. 19,719 337,195
The Cheesecake Factory, Inc. 42,203 1,508,757
The Wendy’s Company (L) 141,632 644,426
Town Sports International Holdings, Inc. (I) 7,637 94,470
TUI Travel PLC 84,175 318,905
Vail Resorts, Inc. (L) 11,409 657,729
Whitbread PLC 33,505 1,230,361
WMS Industries, Inc. (I) (L) 44,965 736,527
Wyndham Worldwide Corp. 54,315 2,850,451
Wynn Macau, Ltd. 292,803 792,301
Wynn Resorts, Ltd. 30,257 3,492,868
Yum! Brands, Inc. (L) 174,207 11,556,892
 
    132,662,766
Household Durables - 0.5%    
American Greetings Corp., Class A (L) 11,222 188,530
Bassett Furniture Industries, Inc. 3,906 48,630
Beazer Homes USA, Inc. (I) (L) 32,752 116,270
Blyth, Inc. (L) 3,313 86,105
Casio Computer Company, Ltd. (L) 42,048 296,182
Cavco Industries, Inc. (I) (L) 2,260 103,711
CSS Industries, Inc. 3,144 64,609
D.R. Horton, Inc. (L) 106,638 2,201,008
Electrolux AB 45,300 1,121,589
Ethan Allen Interiors, Inc. 7,698 168,740
Flexsteel Industries, Inc. 1,642 33,989
Harman International Industries, Inc. 25,753 1,188,758
Helen of Troy, Ltd. (I) 9,963 317,122
Hooker Furniture Corp. 3,767 48,933
Hovnanian Enterprises, Inc., Class A (I) (L) 32,274 111,668
Husqvarna AB, B Shares 75,889 388,162
iRobot Corp. (I) 8,743 198,991
Jarden Corp. (I) 37,809 1,997,828
KB Home (L) 63,137 906,016
La-Z-Boy, Inc. (I) 16,489 241,234
Leggett & Platt, Inc. (L) 53,509 1,340,400
Lennar Corp., Class A (L) 61,935 2,153,480
Libbey, Inc. (I) 6,696 105,663
Lifetime Brands, Inc. 3,280 39,065
M/I Homes, Inc. (I) 6,085 117,684
MDC Holdings, Inc. (L) 31,487 1,212,564
Meritage Homes Corp. (I) 9,031 343,449
Mohawk Industries, Inc. (I) 29,192 2,335,944
NACCO Industries, Inc., Class A 1,747 219,091
Newell Rubbermaid, Inc. 110,347 2,106,524
NVR, Inc. (I) 2,437 2,058,047
Panasonic Corp. (L) 415,503 2,744,435

 

Strategic Equity Allocation Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Household Durables (continued)    
PulteGroup, Inc. (I) 128,749 $ 1,995,610
Rinnai Corp. 6,134 454,960
Sealy Corp. (I) (L) 16,565 36,112
Sekisui Chemical Company, Ltd. 79,797 642,847
Sekisui House, Ltd. 102,089 1,013,235
Sharp Corp. (I) (L) 187,939 465,494
Skullcandy, Inc. (I) (L) 5,280 72,600
Sony Corp. (L) 188,981 2,206,348
Standard Pacific Corp. (I) (L) 34,667 234,349
Tempur-Pedic International, Inc. (I) (L) 29,985 896,252
The Ryland Group, Inc. (L) 14,217 426,510
Toll Brothers, Inc. (I) (L) 75,401 2,505,575
Tupperware Brands Corp. 28,055 1,503,467
Universal Electronics, Inc. (I) 4,892 86,001
Whirlpool Corp. (L) 29,453 2,441,948
Zagg, Inc. (I) (L) 8,165 69,647
 
    39,655,376
Internet & Catalog Retail - 0.7%    
1-800-Flowers.com, Inc., Class A (I) 8,880 33,122
Amazon.com, Inc. (I) 138,088 35,118,540
Blue Nile, Inc. (I) (L) 4,413 163,678
Expedia, Inc. (L) 35,764 2,068,590
Geeknet, Inc. (I) 1,524 29,489
HSN, Inc. 30,852 1,513,291
Netflix, Inc. (I) (L) 21,130 1,150,317
Nutrisystem, Inc. 9,075 95,560
Orbitz Worldwide, Inc. (I) 8,116 20,696
Overstock.com, Inc. (I) (L) 3,731 38,653
PetMed Express, Inc. 6,522 65,481
priceline.com, Inc. (I) 19,044 11,783,094
Rakuten, Inc. 136,661 1,390,537
Shutterfly, Inc. (I) (L) 11,386 354,332
TripAdvisor, Inc. (I) (L) 41,888 1,379,372
US Auto Parts Network, Inc. (I) 781 2,702
Vitacost.com, Inc. (I) (L) 7,736 52,450
 
    55,259,904
Leisure Equipment & Products - 0.2%    
Arctic Cat, Inc. (I) (L) 4,063 168,452
Black Diamond, Inc. (I) 6,975 61,171
Brunswick Corp. (L) 28,405 642,805
Callaway Golf Company (L) 21,075 129,401
Hasbro, Inc. (L) 44,420 1,695,511
JAKKS Pacific, Inc. (L) 8,457 123,218
Johnson Outdoors, Inc., Class A (I) 1,981 42,374
LeapFrog Enterprises, Inc. (I) 16,097 145,195
Mattel, Inc. (L) 129,770 4,604,240
Namco Bandai Holdings, Inc. 33,484 565,442
Nikon Corp. 64,071 1,761,465
Polaris Industries, Inc. 32,079 2,594,229
Sankyo Company, Ltd. 9,151 425,398
Sega Sammy Holdings, Inc. 37,570 710,976
Shimano, Inc. 13,919 1,013,408
Smith & Wesson Holding Corp. (I) (L) 20,732 228,259
Steinway Musical Instruments, Inc. (I) 2,246 54,713
Sturm Ruger & Company, Inc. (L) 6,109 302,334
Yamaha Corp. 29,773 276,028
 
    15,544,619
Media - 2.7%    
AMC Networks, Inc., Class A (I) 28,884 1,257,032
Arbitron, Inc. 8,442 319,952
Axel Springer AG 7,451 323,227
Belo Corp., Class A 30,241 236,787
British Sky Broadcasting Group PLC 205,913 2,473,780

 

329

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Strategic Equity Allocation Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Media (continued)    
Cablevision Systems Corp., Class A (L) 81,755 $ 1,295,817
Carmike Cinemas, Inc. (I) 5,838 65,678
CBS Corp., Class B 227,508 8,265,366
Central European Media    
Enterprises, Ltd., Class A (I) (L) 12,112 78,849
Cinemark Holdings, Inc. (L) 51,495 1,155,033
Comcast Corp., Class A 1,021,883 36,552,755
Cumulus Media, Inc., Class A (I) 19,410 53,183
Dentsu, Inc. 33,982 861,730
Digital Domain Media Group, Inc. (I) 673 40
Digital Generation, Inc. (I) (L) 8,734 99,218
DIRECTV (I) 239,771 12,578,387
Discovery Communications, Inc., Class A (I) 94,409 5,629,609
DreamWorks Animation    
SKG, Inc., Class A (I) (L) 36,081 693,838
Entercom    
Communications Corp., Class A (I) (L) 8,177 56,094
Eutelsat Communications 24,866 798,705
Fairfax Media, Ltd. (L) 420,841 179,867
Fisher Communications, Inc. (I) 2,952 108,516
Gannett Company, Inc. (L) 89,429 1,587,365
Global Sources, Ltd. (I) 6,566 43,073
Hakuhodo DY Holdings, Inc. 4,390 295,762
Harte-Hanks, Inc. 14,254 98,780
ITV PLC 696,147 996,722
JCDecaux SA 12,535 285,170
John Wiley & Sons, Inc., Class A 23,576 1,083,317
Journal Communications, Inc., Class A (I) 14,128 73,466
Jupiter Telecommunications Company, Ltd. 392 397,874
Kabel Deutschland Holding AG (I) 16,657 1,190,074
Lagardere SCA 22,222 608,668
Lamar Advertising Company, Class A (I) 27,742 1,028,119
LIN TV Corp., Class A (I) 11,057 48,651
Lions Gate Entertainment Corp. (I) (L) 26,914 410,977
Live Nation Entertainment, Inc. (I) 44,539 383,481
Martha Stewart Living    
Omnimedia, Inc., Class A 9,452 29,018
MDC Partners, Inc., Class A 8,368 103,261
Mediaset SpA 133,485 251,583
Meredith Corp. (L) 29,640 1,037,400
Modern Times Group AB, B Shares 8,579 379,836
National CineMedia, Inc. 18,089 296,117
News Corp., Class A 777,664 19,076,098
Nexstar Broadcasting Group, Inc., Class A (I) 4,451 47,270
Omnicom Group, Inc. 101,406 5,228,493
Outdoor Channel Holdings, Inc. 5,464 39,778
Pearson PLC 153,582 3,005,336
Publicis Groupe SA 33,344 1,869,530
ReachLocal, Inc. (I) 3,366 42,210
Reading International, Inc., Class A (I) 5,996 35,376
Reed Elsevier NV 129,419 1,733,288
Reed Elsevier PLC 229,118 2,193,571
Rentrak Corp. (I) 3,196 54,108
Saga Communications, Inc., Class A (I) 1,213 49,151
Salem Communications Corp., Class A 625 3,275
Scholastic Corp. (L) 21,452 681,745
Scripps Networks Interactive, Inc., Class A 33,053 2,023,835
SES SA 57,171 1,557,342
Sinclair Broadcast Group, Inc., Class A 16,533 185,335
Singapore Press Holdings, Ltd. 303,713 1,006,345
Societe Television Francaise 1 3 25
The EW Scripps Company, Class A (I) 9,869 105,105
The Interpublic Group of Companies, Inc. 168,635 1,875,221
The McClatchy Company, Class A (I) (L) 18,919 42,189
The McGraw-Hill Companies, Inc. 107,439 5,865,095

 

Strategic Equity Allocation Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Media (continued)    
The New York Times    
Company, Class A (I) (L) 104,710 $ 1,021,970
The Walt Disney Company (L) 685,229 35,823,772
The Washington Post Company, Class B (L) 1,699 616,788
Thomson Reuters Corp. 29,396 848,369
Time Warner Cable, Inc. 117,003 11,122,305
Time Warner, Inc. 362,381 16,426,731
Toho Company, Ltd. 21,356 391,301
Valassis Communications, Inc. (I) (L) 33,727 832,720
Viacom, Inc., Class B 180,847 9,691,591
Wolters Kluwer NV 56,836 1,070,479
World Wrestling    
Entertainment, Inc., Class A (L) 9,157 73,714
WPP PLC 237,209 3,229,779
 
    211,581,417
Multiline Retail - 0.6%    
Big Lots, Inc. (I) (L) 22,659 670,253
Dollar Tree, Inc. (I) 88,287 4,262,055
Family Dollar Stores, Inc. 37,075 2,458,073
Fred’s, Inc., Class A (L) 11,714 166,690
Gordmans Stores, Inc. (I) 2,883 53,191
Harvey Norman Holding, Ltd. (L) 100,035 200,479
Isetan Mitsukoshi Holdings, Ltd. 66,874 697,181
J Front Retailing Company, Ltd. 90,544 507,910
J.C. Penney Company, Inc. (I) (L) 54,165 1,315,668
Kohl’s Corp. 82,481 4,224,677
Lifestyle International Holdings, Ltd. 94,059 193,453
Macy’s, Inc. 153,872 5,788,665
Marks & Spencer Group PLC 302,131 1,743,187
Marui Group Company, Ltd. 42,041 297,724
Next PLC 31,162 1,740,034
Nordstrom, Inc. (L) 58,543 3,230,403
PPR 14,225 2,189,367
Saks, Inc. (I) (L) 86,337 890,134
Takashimaya Company, Ltd. 49,481 338,741
Target Corp. 250,128 15,875,624
The Bon-Ton Stores, Inc. (L) 4,168 39,596
Tuesday Morning Corp. (I) 13,693 89,689
 
    46,972,794
Specialty Retail - 2.1%    
Aaron’s, Inc. 35,501 987,283
ABC-MART, Inc. 4,964 219,207
Abercrombie & Fitch Company, Class A (L) 31,420 1,065,766
Advance Auto Parts, Inc. 36,929 2,527,421
Aeropostale, Inc. (I) 66,810 903,939
American Eagle Outfitters, Inc. 90,106 1,899,434
Americas Car-Mart, Inc. (I) 2,588 117,676
ANN, Inc. (I) 39,330 1,483,921
Asbury Automotive Group, Inc. (I) 8,864 247,749
Ascena Retail Group, Inc. (I) 62,035 1,330,651
AutoNation, Inc. (I) (L) 14,619 638,412
AutoZone, Inc. (I) 14,282 5,279,627
Barnes & Noble, Inc. (I) (L) 28,040 358,351
bebe stores, Inc. 12,002 57,610
Bed Bath & Beyond, Inc. (I) 88,570 5,579,910
Best Buy Company, Inc. (L) 102,020 1,753,724
Big 5 Sporting Goods Corp. 5,757 57,282
Body Central Corp. (I) 5,146 53,776
Brown Shoe Company, Inc. (L) 13,620 218,329
Cabela’s, Inc. (I) (L) 14,838 811,342
CarMax, Inc. (I) (L) 86,980 2,461,534
Casual Male Retail Group, Inc. (I) 14,254 65,996
Chico’s FAS, Inc. 83,486 1,511,931

 

330

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Strategic Equity Allocation Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Specialty Retail (continued)    
Citi Trends, Inc. (I) 4,810 $ 60,390
Collective Brands, Inc. (I) 50,270 1,091,362
Conn’s, Inc. (I) (L) 4,982 109,853
Destination Maternity Corp. 4,356 81,457
Dick’s Sporting Goods, Inc. (L) 48,917 2,536,346
Express, Inc. (I) 28,322 419,732
Fast Retailing Company, Ltd. 9,930 2,300,074
Foot Locker, Inc. 76,065 2,700,308
Francesca’s Holdings Corp. (I) 11,069 340,150
GameStop Corp., Class A (L) 47,408 995,568
Genesco, Inc. (I) 7,755 517,491
Group 1 Automotive, Inc. (L) 7,277 438,294
Guess?, Inc. (L) 30,868 784,665
Haverty Furniture Companies, Inc. 6,191 85,931
Hennes & Mauritz AB, B Shares 178,708 6,223,467
hhgregg, Inc. (I) (L) 5,054 34,873
Hibbett Sports, Inc. (I) (L) 8,399 499,321
Hot Topic, Inc. (L) 13,444 116,963
Inditex SA 41,062 5,097,675
Jos A. Bank Clothiers, Inc. (I) (L) 8,819 427,545
Kingfisher PLC 445,846 1,905,135
Kirkland’s, Inc. (I) 4,862 48,280
Limited Brands, Inc. (L) 91,050 4,485,123
Lithia Motors, Inc., Class A (L) 6,940 231,171
Lowe’s Companies, Inc. 435,707 13,175,780
Lumber Liquidators Holdings, Inc. (I) (L) 8,739 442,893
MarineMax, Inc. (I) (L) 6,577 54,523
Mattress Firm Holding Corp. (I) (L) 3,490 98,244
Monro Muffler Brake, Inc. (L) 9,836 346,129
New York & Company, Inc. (I) 9,090 34,088
Nitori Holdings Company, Ltd. 6,472 600,685
O’Reilly Automotive, Inc. (I) 45,409 3,797,101
Office Depot, Inc. (I) 234,247 599,672
OfficeMax, Inc. (L) 27,705 216,376
Penske Automotive Group, Inc. (L) 13,493 406,004
PetSmart, Inc. 54,488 3,758,582
Pier 1 Imports, Inc. 30,925 579,535
RadioShack Corp. (I) (L) 82,414 196,145
Rent-A-Center, Inc. (L) 48,553 1,703,239
Ross Stores, Inc. 85,223 5,505,406
rue21, Inc. (I) 4,894 152,448
Sanrio Company, Ltd. (L) 8,373 297,547
Select Comfort Corp. (I) 18,030 568,847
Shimamura Company, Ltd. 4,187 486,764
Shoe Carnival, Inc. 4,571 107,556
Signet Jewelers, Ltd. 40,732 1,986,092
Sonic Automotive, Inc., Class A (L) 12,801 242,963
Stage Stores, Inc. (L) 9,717 204,640
Staples, Inc. (L) 262,327 3,022,007
Stein Mart, Inc. (I) 9,009 76,667
Systemax, Inc. (I) 3,525 41,630
Teavana Holdings, Inc. (I) 2,980 38,859
The Buckle, Inc. (L) 8,758 397,876
The Cato Corp., Class A 8,639 256,665
The Children’s Place Retail Stores, Inc. (I) 7,692 461,520
The Finish Line, Inc., Class A 16,161 367,501
The Gap, Inc. 114,132 4,083,643
The Home Depot, Inc. 575,675 34,753,500
The Men’s Wearhouse, Inc. (L) 16,121 555,046
The Pep Boys - Manny, Moe & Jack (I) (L) 16,817 171,197
The Wet Seal, Inc., Class A (I) (L) 29,114 91,709
Tiffany & Company (L) 45,561 2,819,315
Tilly’s, Inc., Class A (I) 2,967 54,385
TJX Companies, Inc. 281,161 12,593,201
Tractor Supply Company 35,704 3,530,769

 

Strategic Equity Allocation Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Specialty Retail (continued)    
Urban Outfitters, Inc. (I) (L) 41,266 $ 1,549,951
USS Company, Ltd. 4,130 435,946
Vitamin Shoppe, Inc. (I) (L) 9,354 545,525
West Marine, Inc. (I) 4,998 53,129
Williams-Sonoma, Inc. 43,620 1,917,971
Winmark Corp. 774 41,858
Yamada Denki Company, Ltd. 16,380 717,849
Zumiez, Inc. (I) (L) 6,977 193,472
 
    165,494,495
Textiles, Apparel & Luxury Goods - 0.9%    
Adidas AG 39,377 3,233,763
Asics Corp. 28,237 380,775
Burberry Group PLC 82,552 1,340,430
Carter’s, Inc. (I) 25,519 1,373,943
Cherokee, Inc. 2,930 42,661
Christian Dior SA 10,255 1,380,050
Cie Financiere Richemont SA 98,250 5,890,853
Coach, Inc. 108,682 6,088,366
Columbia Sportswear Company (L) 3,829 206,766
Crocs, Inc. (I) (L) 28,509 462,131
Culp, Inc. 3,145 36,985
Deckers Outdoor Corp. (I) (L) 18,655 683,519
Delta Apparel, Inc. (I) 2,421 33,337
Fifth & Pacific Companies, Inc. (I) (L) 34,604 442,239
Fossil, Inc. (I) (L) 20,977 1,776,752
G-III Apparel Group, Ltd. (I) (L) 5,268 189,121
Hanesbrands, Inc. (I) (L) 49,147 1,566,806
Hugo Boss AG 4,637 408,469
Iconix Brand Group, Inc. (I) (L) 22,470 409,853
K-Swiss, Inc., Class A (I) 8,727 29,934
Luxottica Group SpA 22,063 778,646
LVMH Moet Hennessy Louis Vuitton SA 47,814 7,210,498
Maidenform Brands, Inc. (I) 7,400 151,552
Movado Group, Inc. 5,646 190,383
NIKE, Inc., Class B 140,400 13,325,364
Oxford Industries, Inc. 4,442 250,751
Perry Ellis International, Inc. (I) 3,881 85,576
PVH Corp. 35,528 3,329,684
Quiksilver, Inc. (I) 41,547 137,936
Ralph Lauren Corp. 23,373 3,534,699
RG Barry Corp. 2,973 43,822
Skechers U.S.A., Inc., Class A (I) (L) 12,008 244,963
Steven Madden, Ltd. (I) 12,461 544,795
The Jones Group, Inc. 26,033 335,045
The Swatch Group AG (Bearer Shares) 5,802 2,314,279
The Swatch Group AG (Registered Shares) 8,180 570,151
The Warnaco Group, Inc. (I) 33,580 1,742,802
True Religion Apparel, Inc. 8,200 174,906
Tumi Holdings, Inc. (I) (L) 6,861 161,508
Under Armour, Inc., Class A (I) 38,931 2,173,518
Unifi, Inc. (I) 4,697 60,216
Vera Bradley, Inc. (I) (L) 6,379 152,139
VF Corp. (L) 33,544 5,345,572
Wolverine World Wide, Inc. (L) 15,363 681,656
Yue Yuen Industrial Holdings, Ltd. 139,665 469,896
 
    69,987,110
 
    866,409,008
Consumer Staples - 10.1%    
Beverages - 2.2%    
Anheuser-Busch InBev NV 151,139 12,928,683
Asahi Group Holdings, Ltd. 72,812 1,794,378
Beam, Inc. 60,860 3,501,884
Brown-Forman Corp., Class B (L) 57,611 3,759,118

 

331

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Strategic Equity Allocation Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Beverages (continued)    
Carlsberg A/S 20,125 $ 1,784,505
Central European Distribution Corp. (I) (L) 20,990 59,822
Coca Cola Hellenic Bottling Company SA (I) 35,009 653,497
Coca-Cola Amatil, Ltd. 107,489 1,506,684
Coca-Cola Bottling Company Consolidated 1,517 103,308
Coca-Cola Enterprises, Inc. 105,859 3,310,211
Coca-Cola West Company, Ltd. 11,512 190,184
Constellation Brands, Inc., Class A (I) 56,264 1,820,140
Craft Brewers Alliance, Inc. (I) 3,820 29,987
Diageo PLC 471,538 13,276,851
Dr. Pepper Snapple Group, Inc. (L) 80,717 3,594,328
Heineken Holding NV 18,964 922,742
Heineken NV 43,362 2,589,674
Kirin Holdings Company, Ltd. 163,590 2,187,438
Molson Coors Brewing Company, Class B 59,825 2,695,116
Monster Beverage Corp. (I) 58,423 3,164,190
National Beverage Corp. (I) 3,695 56,016
PepsiCo, Inc. 594,248 42,054,931
Pernod-Ricard SA 39,856 4,478,852
Remy Cointreau SA 4,200 483,028
SABMiller PLC 179,847 7,912,000
The Boston Beer    
Company, Inc., Class A (I) (L) 2,464 275,894
The Coca-Cola Company 1,478,603 56,083,412
 
    171,216,873
Food & Staples Retailing - 2.1%    
Aeon Company, Ltd. 113,004 1,275,967
Arden Group, Inc., Class A 342 33,181
Carrefour SA 108,656 2,258,950
Casey’s General Stores, Inc. 12,059 689,051
Casino Guichard Perrachon SA 10,415 923,472
Colruyt SA (L) 14,279 622,936
Costco Wholesale Corp. 165,177 16,538,347
CVS Caremark Corp. 485,913 23,527,907
Delhaize Group SA 19,185 741,493
Distribuidora Internacional    
de Alimentacion SA 115,101 636,441
FamilyMart Company, Ltd. 11,003 541,058
Harris Teeter Supermarkets, Inc. 38,627 1,500,273
Ingles Markets, Inc., Class A 4,442 72,627
J Sainsbury PLC 230,509 1,295,467
Jeronimo Martins SGPS SA 41,479 692,805
Kesko OYJ, B Shares 11,967 339,034
Koninklijke Ahold NV 196,803 2,467,105
Lawson, Inc. 11,292 867,689
Metcash, Ltd. 162,602 595,339
Metro AG 24,410 730,666
Nash Finch Company 3,941 80,475
Olam International, Ltd. 298,781 496,099
Pricesmart, Inc. (L) 5,770 436,904
Rite Aid Corp. (I) 211,324 247,249
Roundy’s, Inc. (L) 6,444 38,986
Safeway, Inc. (L) 91,505 1,472,315
Seven & I Holdings Company, Ltd. 141,752 4,353,010
Spartan Stores, Inc. 6,975 106,787
SUPERVALU, Inc. (I) (L) 176,104 424,411
Susser Holdings Corp. (I) (L) 3,609 130,538
Sysco Corp. (L) 224,685 7,025,900
Tesco PLC 1,513,205 8,119,300
The Andersons, Inc. (L) 5,907 222,458
The Chefs’ Warehouse, Inc. (I) 3,511 57,510
The Kroger Company 208,068 4,897,921
The Pantry, Inc. (I) 7,632 111,046
United Natural Foods, Inc. (I) 15,536 908,079

 

Strategic Equity Allocation Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Food & Staples Retailing (continued)    
Village Super Market, Inc., Class A 2,742 $ 100,796
Wal-Mart Stores, Inc. 641,726 47,359,379
Walgreen Company 327,282 11,926,156
Weis Markets, Inc. 3,422 144,853
Wesfarmers, Ltd. 189,439 6,729,997
Whole Foods Market, Inc. 65,586 6,388,076
WM Morrison Supermarkets PLC 440,062 2,029,417
Woolworths, Ltd. 231,619 6,895,074
 
    167,052,544
Food Products - 2.3%    
Ajinomoto Company, Inc. (L) 121,736 1,906,487
Alico, Inc. 1,244 38,850
Annie’s, Inc. (I) 1,575 70,623
Archer-Daniels-Midland Company 250,908 6,819,679
Aryzta AG (I) 16,421 788,426
Associated British Foods PLC 67,014 1,396,539
B&G Foods, Inc. (L) 15,440 467,986
Barry Callebaut AG (I) 339 314,740
Cal-Maine Foods, Inc. (L) 4,661 209,465
Calavo Growers, Inc. 3,833 95,825
Campbell Soup Company (L) 68,814 2,396,103
Chiquita Brands International, Inc. (I) (L) 14,449 110,390
ConAgra Foods, Inc. 155,179 4,281,389
Danone SA 108,942 6,717,867
Darling International, Inc. (I) 37,436 684,704
DE Master Blenders 1753 NV (I) 111,334 1,343,193
Dean Foods Company (I) 70,226 1,148,195
Diamond Foods, Inc. (I) (L) 7,092 133,471
Dole Food Company, Inc. (I) 11,535 161,836
Flowers Foods, Inc. (L) 57,971 1,169,855
Fresh Del Monte Produce, Inc. 11,960 306,176
General Mills, Inc. 247,812 9,875,308
Golden Agri-Resources, Ltd. 1,257,145 673,254
Green Mountain Coffee Roasters, Inc. (I) (L) 65,005 1,543,869
H.J. Heinz Company (L) 122,700 6,865,065
Hillshire Brands Company 59,822 1,602,033
Hormel Foods Corp. (L) 50,619 1,480,100
Ingredion, Inc. 38,368 2,116,379
Inventure Foods, Inc. (I) 4,983 28,353
J&J Snack Foods Corp. (L) 4,749 272,260
John B. Sanfilippo & Son, Inc. (I) 2,638 34,347
Kellogg Company 93,974 4,854,697
Kerry Group PLC 27,006 1,381,280
Kerry Group PLC (London Exchange) 1,204 61,070
Kikkoman Corp. 31,188 426,289
Kraft Foods, Inc. 677,705 28,023,102
Lancaster Colony Corp. (L) 15,609 1,143,359
Limoneira Company (L) 2,867 52,839
Lindt & Spruengli AG - PC (I) 167 528,665
Lindt & Spruengli AG - REG (I) 19 686,553
McCormick & Company, Inc., Non-    
Voting Shares (L) 50,532 3,135,005
Mead Johnson Nutrition Company 77,679 5,692,317
MEIJI Holdings Company, Ltd. 11,475 569,631
Nestle SA 621,106 39,180,074
Nippon Meat Packers, Inc. (L) 31,882 409,206
Nisshin Seifun Group, Inc. 35,537 436,989
Nissin Food Products Company, Ltd. 10,999 431,206
Omega Protein Corp. (I) 6,576 45,111
Pilgrim’s Pride Corp. (I) 19,353 98,894
Post Holdings, Inc. (I) 22,340 671,540
Ralcorp Holdings, Inc. (I) 27,714 2,023,122
Sanderson Farms, Inc. (L) 7,328 325,143
Seneca Foods Corp., Class A (I) 2,968 88,624

 

332

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Strategic Equity Allocation Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Food Products (continued)    
Smart Balance, Inc. (I) (L) 18,913 $ 228,469
Smithfield Foods, Inc. (I) 67,749 1,331,268
Snyders-Lance, Inc. 14,108 352,700
Suedzucker AG 12,477 442,032
Tate & Lyle PLC 87,733 943,734
The Hain Celestial Group, Inc. (I) 11,721 738,423
The Hershey Company (L) 57,942 4,107,508
The J.M. Smucker Company (L) 41,805 3,609,026
Tootsie Roll Industries, Inc. (L) 17,904 483,050
Toyo Suisan Kaisha, Ltd. 16,543 413,699
TreeHouse Foods, Inc. (I) (L) 11,430 600,075
Tyson Foods, Inc., Class A 110,156 1,764,699
Unilever NV 306,593 10,860,851
Unilever PLC 241,564 8,798,255
Wilmar International, Ltd. 361,261 952,605
Yakult Honsha Company, Ltd. (L) 18,166 861,030
Yamazaki Baking Company, Ltd. 20,390 272,602
 
    182,077,509
Household Products - 1.6%    
Central Garden & Pet Company, Class A (I) 12,294 148,512
Church & Dwight Company, Inc. (L) 70,119 3,785,725
Colgate-Palmolive Company 170,138 18,242,196
Energizer Holdings, Inc. (L) 32,436 2,420,050
Harbinger Group, Inc. (I) 13,308 112,186
Henkel AG & Company, KGaA 24,463 1,596,790
Kimberly-Clark Corp. 150,720 12,928,762
Oil-Dri Corp of America 1,688 39,060
Orchids Paper Products Company 2,127 38,371
Reckitt Benckiser Group PLC 122,455 7,055,368
Spectrum Brands Holdings, Inc. 7,283 291,393
Svenska Cellulosa AB, B Shares 108,928 2,027,332
The Clorox Company (L) 49,563 3,571,014
The Procter & Gamble Company 1,051,806 72,953,264
Unicharm Corp. 21,422 1,229,900
WD-40 Company 5,070 266,885
 
    126,706,808
Personal Products - 0.3%    
Avon Products, Inc. (L) 164,605 2,625,450
Beiersdorf AG 18,979 1,394,062
Elizabeth Arden, Inc. (I) 8,010 378,392
Inter Parfums, Inc. (L) 5,163 94,483
Kao Corp. (L) 99,004 2,917,704
L’Oreal SA 45,393 5,623,301
Medifast, Inc. (I) 4,429 115,818
Nature’s Sunshine Products, Inc. 3,776 61,700
Nutraceutical International Corp. (I) 3,196 50,369
Prestige Brands Holdings, Inc. (I) (L) 16,113 273,276
Revlon, Inc., Class A (I) 3,635 56,124
Schiff Nutrition International, Inc. (I) (L) 4,452 107,694
Shiseido Company, Ltd. (L) 67,746 929,455
Synutra International, Inc. (I) 5,822 26,898
The Estee Lauder Companies, Inc., Class A 91,748 5,648,924
The Female Health Company 6,667 47,669
USANA Health Sciences, Inc. (I) (L) 1,939 90,105
 
    20,441,424
Tobacco - 1.6%    
Alliance One International, Inc. (I) (L) 28,363 91,612
Altria Group, Inc. 776,657 25,932,577
British American Tobacco PLC 368,109 18,927,662
Imperial Tobacco Group PLC (I) 187,352 6,944,572
Japan Tobacco, Inc. 169,423 5,077,705
Lorillard, Inc. 49,732 5,791,291
Philip Morris International, Inc. 643,873 57,909,938

 

Strategic Equity Allocation Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Tobacco (continued)    
Reynolds American, Inc. 125,120 $ 5,422,701
Star Scientific, Inc. (I) 46,439 160,679
Swedish Match AB 38,767 1,569,541
Universal Corp. (L) 19,074 971,248
Vector Group, Ltd. (L) 17,723 294,026
 
    129,093,552
 
    796,588,710
Energy - 9.8%    
Energy Equipment & Services - 1.7%    
Aker Solutions ASA 30,954 588,798
AMEC PLC 60,624 1,125,387
Atwood Oceanics, Inc. (I) (L) 28,632 1,301,324
Baker Hughes, Inc. 168,053 7,601,037
Basic Energy Services, Inc. (I) (L) 9,903 111,112
Bolt Technology Corp. 3,097 44,535
Bristow Group, Inc. 11,364 574,450
C&J Energy Services, Inc. (I) (L) 14,176 282,102
Cal Dive International, Inc. (I) 30,804 47,130
Cameron International Corp. (I) 93,838 5,261,497
CARBO Ceramics, Inc. (L) 9,922 624,292
Cie Generale de Geophysique-Veritas (I) (L) 25,751 814,053
Dawson Geophysical Company (I) 2,621 66,206
Diamond Offshore Drilling, Inc. (L) 26,456 1,741,069
Dresser-Rand Group, Inc. (I) 38,101 2,099,746
Dril-Quip, Inc. (I) (L) 31,079 2,233,959
Ensco PLC, Class A 88,954 4,853,330
Exterran Holdings, Inc. (I) 20,700 419,796
FMC Technologies, Inc. (I) 91,092 4,217,560
Forum Energy Technologies, Inc. (I) 7,050 171,456
Fugro NV 13,025 888,280
Geokinetics, Inc. (I) 3,902 1,444
Geospace Technologies Corp. (I) 2,028 248,247
Global Geophysical Services, Inc. (I) 6,662 36,708
Gulf Islands Fabrication, Inc. 4,672 130,209
Gulfmark Offshore, Inc., Class A (I) 8,561 282,855
Halliburton Company 354,315 11,936,872
Heckmann Corp. (I) (L) 42,509 178,538
Helix Energy Solutions Group, Inc. (I) 82,870 1,514,035
Helmerich & Payne, Inc. (L) 40,884 1,946,487
Hercules Offshore, Inc. (I) 50,693 247,382
Hornbeck Offshore Services, Inc. (I) 11,246 412,166
ION Geophysical Corp. (I) (L) 41,993 291,431
Key Energy Services, Inc. (I) 48,070 336,490
Lufkin Industries, Inc. (L) 10,693 575,497
Matrix Service Company (I) 8,396 88,746
Mitcham Industries, Inc. (I) 4,070 64,835
Nabors Industries, Ltd. (I) 110,755 1,553,893
National Oilwell Varco, Inc. 162,968 13,055,366
Natural Gas Services Group, Inc. (I) 4,132 61,773
Newpark Resources, Inc. (I) (L) 28,769 213,178
Noble Corp. (I) 96,173 3,441,070
Oceaneering International, Inc. 54,341 3,002,340
Oil States International, Inc. (I) 27,566 2,190,394
Parker Drilling Company (I) 37,601 159,052
Patterson-UTI Energy, Inc. (L) 76,405 1,210,255
Petrofac, Ltd. 48,844 1,261,816
PHI, Inc. (I) 4,249 133,674
Pioneer Energy Services Corp. (I) 19,865 154,748
RigNet, Inc. (I) 4,195 77,608
Rowan Companies PLC, Class A (I) (L) 47,266 1,596,173
Saipem SpA 49,826 2,400,474
SBM Offshore NV (I) 32,279 461,833
Schlumberger, Ltd. 506,705 36,649,973

 

333

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Strategic Equity Allocation Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Energy Equipment & Services (continued)    
Seadrill, Ltd. 66,232 $ 2,592,089
Subsea 7 SA 52,929 1,226,083
Superior Energy Services, Inc. (I) 79,122 1,623,583
Technip SA 18,799 2,097,584
Tenaris SA 88,852 1,812,974
Tesco Corp. (I) 9,759 104,226
TETRA Technologies, Inc. (I) 24,863 150,421
TGC Industries, Inc. (I) 4,772 34,358
Tidewater, Inc. 25,082 1,217,229
Transocean, Ltd. (I) 65,966 2,958,164
Unit Corp. (I) 21,769 903,414
Vantage Drilling Company (I) (L) 62,084 114,235
Willbros Group, Inc. (I) 12,528 67,275
WorleyParsons, Ltd. 38,755 1,130,725
 
    137,015,041
Oil, Gas & Consumable Fuels - 8.1%    
Abraxas Petroleum Corp. (I) 26,379 60,672
Adams Resources & Energy, Inc. 747 22,784
Alon USA Energy, Inc. 3,128 42,854
Alpha Natural Resources, Inc. (I) (L) 83,843 550,849
Amyris, Inc. (I) (L) 10,317 35,490
Anadarko Petroleum Corp. 190,978 13,353,182
Apache Corp. 149,441 12,922,163
Apco Oil and Gas International, Inc. (I) (L) 3,020 48,592
Approach Resources, Inc. (I) 9,241 278,431
Arch Coal, Inc. (L) 174,316 1,103,420
ATP Oil & Gas Corp. (I) 14,149 1,924
Berry Petroleum Company, Class A (L) 16,645 676,286
BG Group PLC 639,343 12,946,120
Bill Barrett Corp. (I) (L) 39,546 979,554
Bonanza Creek Energy, Inc. (I) 3,093 72,871
BP PLC 3,581,126 25,276,300
BPZ Resources, Inc. (I) 33,405 95,538
Cabot Oil & Gas Corp. 79,955 3,589,980
Callon Petroleum Company (I) 13,094 80,528
Caltex Australia, Ltd. 25,419 433,785
Carrizo Oil & Gas, Inc. (I) (L) 12,614 315,476
Ceres, Inc. (I) 370 2,102
Chesapeake Energy Corp. (L) 198,568 3,746,978
Chevron Corp. 749,237 87,331,065
Cimarex Energy Company (L) 43,300 2,535,215
Clayton Williams Energy, Inc. (I) (L) 1,903 98,747
Clean Energy Fuels Corp. (I) (L) 21,087 277,716
Cloud Peak Energy, Inc. (I) (L) 19,369 350,579
Comstock Resources, Inc. (I) (L) 15,321 281,600
ConocoPhillips 463,785 26,519,226
CONSOL Energy, Inc. (L) 86,734 2,606,357
Contango Oil & Gas Company (I) 4,068 199,902
Cosmo Oil Company, Ltd. 103,248 188,077
Crimson Exploration, Inc. (I) 7,564 32,298
Crosstex Energy, Inc. (L) 13,184 184,972
CVR Energy, Inc. (I) 5,258 193,232
Delek US Holdings, Inc. 5,431 138,436
Denbury Resources, Inc. (I) 148,923 2,406,596
Devon Energy Corp. 143,724 8,695,302
Emerald Oil, Inc. (I) 15,909 13,204
Endeavour International Corp. (I) (L) 12,171 117,694
Energen Corp. 36,318 1,903,426
Energy XXI Bermuda, Ltd. 25,059 875,812
Eni SpA (L) 478,797 10,505,311
EOG Resources, Inc. 103,139 11,556,725
EPL Oil & Gas, Inc. (I) 8,813 178,816
EQT Corp. 56,999 3,362,941
Evolution Petroleum Corp. (I) 5,892 47,607

 

Strategic Equity Allocation Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Oil, Gas & Consumable Fuels (continued)    
Exxon Mobil Corp. 1,762,757 $ 161,204,128
Forest Oil Corp. (I) 97,030 819,904
Forestar Petroleum Corp. (I) 2,316 33,559
Frontline, Ltd. (I) (L) 16,227 62,312
FX Energy, Inc. (I) (L) 17,165 128,051
Galp Energia SGPS SA 43,570 708,305
GasLog, Ltd. (I) 7,485 86,676
Gastar Exploration, Ltd. (I) 19,582 32,506
Gevo, Inc. (I) (L) 7,064 15,046
Goodrich Petroleum Corp. (I) (L) 8,310 105,038
Green Plains Renewable Energy, Inc. (I) (L) 8,428 49,388
Gulfport Energy Corp. (I) 17,730 554,240
Halcon Resources Corp. (I) (L) 35,751 262,055
Harvest Natural Resources, Inc. (I) (L) 11,987 106,924
Hess Corp. 113,581 6,101,571
HollyFrontier Corp. 102,516 4,230,835
Idemitsu Kosan Company, Ltd. 4,187 341,600
Inpex Corp. 412 2,440,558
Isramco, Inc. (I) 20 2,320
Japan Petroleum Exploration Company, Ltd. 5,354 213,514
JX Holdings, Inc. (L) 422,637 2,310,568
Kinder Morgan, Inc. 218,136 7,748,191
KiOR, Inc., Class A (I) 8,428 78,380
Knightsbridge Tankers, Ltd. 7,781 50,966
Kodiak Oil & Gas Corp. (I) 83,831 784,658
Lundin Petroleum AB (I) 41,900 1,024,209
Magnum Hunter Resources Corp. (I) (L) 47,026 208,795
Marathon Oil Corp. 268,739 7,946,612
Marathon Petroleum Corp. 128,902 7,036,760
Matador Resources Company (I) 4,608 47,877
McMoRan Exploration Company (I) (L) 32,285 379,349
Midstates Petroleum Company, Inc. (I) 7,684 66,467
Miller Energy Resources, Inc. (I) (L) 9,657 48,575
Murphy Oil Corp. 70,592 3,790,084
Neste Oil OYJ 24,133 317,394
Newfield Exploration Company (I) 51,430 1,610,788
Noble Energy, Inc. 68,232 6,325,789
Nordic American Tankers, Ltd. 16,755 168,890
Northern Oil and Gas, Inc. (I) (L) 50,008 849,636
Oasis Petroleum, Inc. (I) (L) 25,409 748,803
Occidental Petroleum Corp. 309,526 26,637,808
OMV AG 27,702 970,846
Origin Energy, Ltd. 204,991 2,405,871
Overseas Shipholding Group, Inc. (I) (L) 7,835 51,711
Panhandle Oil and Gas, Inc., Class A 2,326 71,338
Patriot Coal Corp. (I) 30,303 3,545
PDC Energy, Inc. (I) 9,533 301,529
Peabody Energy Corp. 101,829 2,269,768
Penn Virginia Corp. (I) (L) 14,647 90,811
Petroquest Energy, Inc. (I) (L) 17,950 120,445
Phillips 66 239,630 11,111,643
Pioneer Natural Resources Company 46,875 4,893,750
Plains Exploration & Production Company (I) 64,964 2,434,201
QEP Resources, Inc. (L) 67,900 2,149,714
Quicksilver Resources, Inc. (I) 97,969 400,693
Range Resources Corp. (L) 62,466 4,364,499
Rentech, Inc. (I) 73,357 180,458
Repsol SA 153,671 2,991,002
Resolute Energy Corp. (I) (L) 15,434 136,900
REX American Resources Corp. (I) 1,885 33,949
Rex Energy Corp. (I) (L) 13,794 184,150
Rosetta Resources, Inc. (I) 43,445 2,081,016
Royal Dutch Shell PLC, B Shares 497,659 17,700,877
Royal Dutch Shell PLC, Class A (London    
Stock Exchange) 695,664 24,093,025

 

334

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Strategic Equity Allocation Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Oil, Gas & Consumable Fuels (continued)    
Sanchez Energy Corp. (I) 3,620 $ 73,957
Santos, Ltd. 179,657 2,105,384
Saratoga Resources, Inc. (I) (L) 6,348 34,787
Scorpio Tankers, Inc. (I) 12,124 72,744
SemGroup Corp., Class A (I) 13,325 491,026
Ship Finance International, Ltd. (L) 14,333 225,315
Showa Shell Sekiyu KK 35,473 188,059
SM Energy Company 32,805 1,775,079
Solazyme, Inc. (I) 10,507 120,620
Southwestern Energy Company (I) 132,643 4,613,324
Spectra Energy Corp. 248,720 7,302,419
Statoil ASA 210,083 5,434,341
Stone Energy Corp. (I) 15,755 395,766
Sunoco, Inc. (L) 40,306 1,887,530
Swift Energy Company (I) 13,630 284,594
Synergy Resources Corp. (I) 13,735 57,275
Targa Resources Corp. 9,278 467,055
Teekay Tankers, Ltd., Class A (L) 19,945 74,594
Tesoro Corp. 53,414 2,238,047
The Williams Companies, Inc. 239,767 8,384,652
TonenGeneral Sekiyu KK 53,557 463,501
Total SA 400,401 19,915,497
Triangle Petroleum Corp. (I) (L) 14,261 102,109
Tullow Oil PLC 170,609 3,784,335
Uranerz Energy Corp. (I) (L) 21,145 34,466
Uranium Energy Corp. (I) 18,347 47,886
Vaalco Energy, Inc. (I) 18,412 157,423
Valero Energy Corp. 210,629 6,672,727
Venoco, Inc. (I) 9,454 112,314
W&T Offshore, Inc. 11,019 206,937
Warren Resources, Inc. (I) 23,993 72,939
Western Refining, Inc. 18,224 477,104
Westmoreland Coal Company (I) (L) 3,903 38,757
Whitehaven Coal, Ltd. 85,849 252,619
Woodside Petroleum, Ltd. 124,055 4,242,240
World Fuel Services Corp. 36,291 1,292,323
WPX Energy, Inc. (I) (L) 75,638 1,254,834
ZaZa Energy Corp. (I) (L) 8,462 25,132
 
    637,337,316
    774,352,357
Financials - 17.3%    
Capital Markets - 1.8%    
3i Group PLC 182,861 659,572
Aberdeen Asset Management PLC 161,978 815,728
Affiliated Managers Group, Inc. (I) 25,864 3,181,272
Ameriprise Financial, Inc. 80,578 4,567,967
Apollo Investment Corp. 166,369 1,309,324
Arlington Asset Investment Corp., Class A (L) 2,813 67,118
Artio Global Investors, Inc. (L) 10,318 30,748
BGC Partners, Inc., Class A (L) 31,263 153,189
BlackRock Kelso Capital Corp. 23,285 226,330
BlackRock, Inc. 48,819 8,704,428
Calamos Asset Management, Inc., Class A 6,241 72,645
Capital Southwest Corp. (L) 950 106,353
Cohen & Steers, Inc. 5,860 173,573
Cowen Group, Inc., Class A (I) 27,894 75,314
Credit Suisse Group AG (I) 230,041 4,892,378
Daiwa Securities Group, Inc. (L) 312,576 1,188,401
Deutsche Bank AG 174,940 6,923,325
Diamond Hill Investment Group, Inc. 884 67,785
Duff & Phelps Corp., Class A 9,992 135,991
E*TRADE Financial Corp. (I) 97,206 856,385
Eaton Vance Corp. (L) 58,021 1,680,288

 

Strategic Equity Allocation Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Capital Markets (continued)    
Epoch Holding Corp. 5,125 $ 118,388
Evercore Partners, Inc., Class A 9,036 243,972
FBR & Company (I) 13,800 42,642
Federated Investors, Inc., Class B (L) 35,288 730,109
Fidus Investment Corp. (L) 3,309 55,260
Fifth Street Finance Corp. 25,969 285,140
Financial Engines, Inc. (I) (L) 14,777 352,136
Franklin Resources, Inc. 52,795 6,603,071
FXCM, Inc., Class A (L) 6,689 63,880
GAM Holding AG (I) 35,118 458,385
GAMCO Investors, Inc., Class A (L) 2,076 103,281
GFI Group, Inc. (L) 22,089 70,243
Gladstone Capital Corp. (L) 7,103 62,151
Gladstone Investment Corp. 7,576 59,244
Golub Capital BDC, Inc. (L) 4,723 75,096
Greenhill & Company, Inc. (L) 22,670 1,173,173
GSV Capital Corp. (I) 6,085 52,514
Harris & Harris Group, Inc. (I) 10,507 39,822
Hercules Technology Growth Capital, Inc. 15,828 174,266
HFF, Inc., Class A (I) 10,512 156,629
Horizon Technology Finance Corp. 2,392 38,655
ICAP PLC 103,413 537,908
ICG Group, Inc. (I) 12,131 123,251
INTL. FCStone, Inc. (I) (L) 4,421 84,264
Invesco, Ltd. 170,759 4,267,267
Investec PLC 101,392 627,776
Investment Technology Group, Inc. (I) 12,272 106,766
Janus Capital Group, Inc. 94,209 889,333
Jefferies Group, Inc. 64,521 883,292
JMP Group, Inc. 5,770 31,677
Julius Baer Group, Ltd. (I) 38,864 1,355,246
KBW, Inc. (L) 11,119 183,130
KCAP Financial, Inc. (L) 7,181 66,496
Knight Capital Group, Inc., Class A (I) 31,097 83,340
Ladenburg Thalmann    
Financial Services, Inc. (I) 33,450 44,154
Legg Mason, Inc. 45,902 1,132,861
Macquarie Group, Ltd. 62,310 1,829,429
Main Street Capital Corp. 7,593 224,069
Man Group PLC 342,794 457,733
Manning & Napier, Inc. 4,377 53,356
MCG Capital Corp. 24,710 113,913
Medallion Financial Corp. 6,468 76,387
Mediobanca SpA 97,286 521,998
Medley Capital Corp. 5,906 83,097
Morgan Stanley 528,637 8,849,383
MVC Capital, Inc. 7,672 98,202
New Mountain Finance Corp. 3,047 45,157
NGP Capital Resources Company 7,535 56,211
Nomura Holdings, Inc. (L) 683,334 2,440,117
Northern Trust Corp. (L) 83,605 3,880,526
Oppenheimer Holdings, Inc., Class A 3,456 55,123
Partners Group Holding AG 2,513 523,090
PennantPark Investment Corp. 17,979 190,757
Piper Jaffray Companies (I) (L) 5,191 132,111
Prospect Capital Corp. 38,390 442,253
Ratos AB 36,078 319,000
Raymond James Financial, Inc. 56,318 2,064,055
Safeguard Scientifics, Inc. (I) 6,765 106,143
SBI Holdings, Inc. (L) 42,272 272,206
Schroders PLC 21,282 523,606
SEI Investments Company 68,187 1,462,611
Solar Capital, Ltd. 11,574 265,276
Solar Senior Capital, Ltd. 3,345 59,909
State Street Corp. 183,070 7,681,617

 

335

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Strategic Equity Allocation Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Capital Markets (continued)    
Stifel Financial Corp. (I) 17,028 $ 572,141
SWS Group, Inc. (I) (L) 9,296 56,799
T. Rowe Price Group, Inc. (L) 97,160 6,150,228
TCP Capital Corp. 1,927 30,755
The Bank of New York Mellon Corp. 451,413 10,210,962
The Charles Schwab Corp. 419,082 5,360,059
The Goldman Sachs Group, Inc. 172,143 19,569,216
THL Credit, Inc. (L) 4,066 57,046
TICC Capital Corp. 12,100 125,840
Triangle Capital Corp. 8,653 222,036
UBS AG (I) 685,351 8,364,396
Virtus Investment Partners, Inc. (I) 1,932 166,152
Waddell & Reed Financial, Inc., Class A (L) 43,149 1,413,993
Walter Investment Management Corp. (I) 9,163 339,123
Westwood Holdings Group, Inc. 2,173 84,769
WisdomTree Investments, Inc. (I) 18,898 126,617
 
    142,940,399
Commercial Banks - 5.4%    
1st Source Corp. 4,786 106,584
1st United Bancorp, Inc. (I) 9,450 60,953
Access National Corp. 2,924 39,942
Alliance Financial Corp. (L) 1,746 70,207
American National Bankshares, Inc. 2,786 62,936
Ameris Bancorp (I) (L) 7,902 99,486
Ames National Corp. 2,853 59,457
Aozora Bank, Ltd. 109,064 333,804
Arrow Financial Corp. (L) 3,521 88,026
Associated Banc-Corp. 86,432 1,138,309
Australia & New Zealand Banking Group, Ltd. 504,338 12,900,468
Banca Monte dei Paschi di Siena SpA (I) (L) 1,209,773 349,952
Bancfirst Corp. 2,070 88,927
Banco Bilbao Vizcaya Argentaria SA 962,286 7,608,388
Banco de Sabadell SA (L) 528,251 1,423,730
Banco Espirito Santo SA (I) 378,373 275,146
Banco Latinoamericano de    
Comercio Exterior SA 9,034 199,561
Banco Popolare SC (I) 332,101 499,860
Banco Popular Espanol SA (I) (L) 250,350 549,031
Banco Santander SA 1,853,204 13,883,539
BancorpSouth, Inc. (L) 71,891 1,059,673
Bank Hapoalim, Ltd. (I) 198,956 708,891
Bank Leumi Le-Israel, Ltd. (I) 235,828 657,257
Bank of East Asia, Ltd. (L) 257,139 959,967
Bank of Hawaii Corp. 22,750 1,037,855
Bank of Marin Bancorp, Class A 1,949 82,852
Bank of the Ozarks, Inc. (L) 9,381 323,363
Bankia SA (I) (L) 187,577 313,251
Banner Corp. 5,895 159,755
Banque Cantonale Vaudoise 565 292,964
Barclays PLC 2,187,305 7,613,829
BB&T Corp. 267,581 8,872,986
BBCN Bancorp, Inc. (I) 24,931 314,380
Bendigo and Adelaide Bank, Ltd. 74,598 592,631
BNP Paribas SA 181,847 8,691,456
BOC Hong Kong Holdings, Ltd. 696,652 2,207,510
Boston Private Financial Holdings, Inc. (L) 24,997 239,721
Bridge Bancorp, Inc. 2,484 57,902
Bridge Capital Holdings (I) 3,432 53,059
Bryn Mawr Bank Corp. 3,930 88,189
BSB Bancorp, Inc. (I) 3,091 39,874
C&F Financial Corp. 1,219 47,968
CaixaBank 153,794 578,089
Camden National Corp. 2,503 92,711
Capital City Bank Group, Inc. (I) (L) 3,997 42,528

 

Strategic Equity Allocation Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Commercial Banks (continued)    
Cardinal Financial Corp. 9,721 $ 139,010
Cathay General Bancorp 61,958 1,069,395
Centerstate Banks, Inc. 10,193 90,922
Central Pacific Financial Corp. (I) 6,898 98,641
Chemical Financial Corp. 8,812 213,250
Citizens & Northern Corp. 4,171 81,793
Citizens Republic Bancorp, Inc. (I) 12,798 247,641
City Holding Company (L) 4,743 169,989
City National Corp. (L) 23,739 1,222,796
CNB Financial Corp. 4,485 78,532
CoBiz Financial, Inc. (L) 11,641 81,487
Columbia Banking System, Inc. (L) 12,648 234,494
Comerica, Inc. 73,420 2,279,691
Commerce Bancshares, Inc. 37,509 1,512,738
Commerzbank AG (I) 684,702 1,227,317
Commonwealth Bank of Australia 299,673 17,277,800
Community Bank Systems, Inc. (L) 12,612 355,532
Community Trust Bancorp, Inc. 4,519 160,583
Credit Agricole SA (I) 188,154 1,306,646
Cullen/Frost Bankers, Inc. (L) 30,922 1,775,850
CVB Financial Corp. 28,279 337,651
Danske Bank A/S (I) 122,725 2,217,979
DBS Group Holdings, Ltd. 341,810 3,992,324
DNB ASA 183,885 2,261,629
Eagle Bancorp, Inc. (I) 5,587 93,415
East West Bancorp, Inc. 71,486 1,509,784
Enterprise Financial Services Corp. 5,934 80,702
Erste Group Bank AG (I) 40,832 915,216
Fidelity Southern Corp. 3,720 35,191
Fifth Third Bancorp 350,524 5,436,627
Financial Institutions, Inc. 4,671 87,067
First Bancorp North Carolina 5,228 60,279
First BanCorp Puerto Rico (I) 22,304 98,584
First Bancorp, Inc. Maine 3,264 57,283
First Busey Corp. (L) 24,054 117,384
First California Financial Group, Inc. (I) 7,875 54,810
First Commonwealth Financial Corp. (L) 33,461 235,900
First Community Bancshares, Inc. 5,361 81,809
First Connecticut Bancorp, Inc. 6,055 81,803
First Financial Bancorp 18,800 317,908
First Financial Bankshares, Inc. (L) 10,089 363,507
First Financial Corp. 3,666 114,892
First Horizon National Corp. 96,167 926,088
First Interstate Bancsystem, Inc. 5,431 81,248
First Merchants Corp. 9,411 141,259
First Midwest Bancorp, Inc. 23,798 298,665
First Niagara Financial Group, Inc. 177,542 1,436,315
FirstMerit Corp. (L) 90,033 1,326,186
FNB Corp. 44,327 496,906
FNB United Corp. (I) 3,172 37,683
Fukuoka Financial Group, Inc. 145,078 589,014
Fulton Financial Corp. 100,937 995,239
German American Bancorp, Inc. 4,123 99,447
Glacier Bancorp, Inc. (L) 23,046 359,057
Great Southern Bancorp, Inc. 3,396 104,970
Guaranty Bancorp (I) 4,878 9,854
Hancock Holding Company 66,940 2,071,793
Hang Seng Bank, Ltd. 143,951 2,206,172
Hanmi Financial Corp. (I) 10,282 131,712
Heartland Financial USA, Inc. 4,773 130,160
Heritage Commerce Corp. (I) 7,221 50,114
Heritage Financial Corp. 5,335 80,185
Heritage Oaks Bancorp (I) 7,643 44,024
Hokuhoku Financial Group, Inc. 308 476
Home BancShares, Inc. 7,038 239,925

 

336

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Strategic Equity Allocation Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Commercial Banks (continued)    
Horizon Bancorp 1,504 $ 42,984
HSBC Holdings PLC 3,418,284 31,718,672
Hudson Valley Holding Corp. 5,174 88,217
Huntington Bancshares, Inc. 329,112 2,270,873
Iberiabank Corp. (L) 9,411 431,024
Independent Bank Corp. (L) 6,938 208,764
International Bancshares Corp. 44,443 846,639
Intesa Sanpaolo SpA 1,896,204 2,899,970
Intesa Sanpaolo SpA (Italian Exchange) 175,621 228,203
Investors Bancorp, Inc. (I) 14,132 257,768
KBC Groep NV 30,333 731,881
KeyCorp 357,707 3,126,359
Lakeland Bancorp, Inc. 8,970 92,840
Lakeland Financial Corp. 5,383 148,571
Lloyds Banking Group PLC (I) 7,943,629 5,005,072
M&T Bank Corp. (L) 45,934 4,371,079
MainSource Financial Group, Inc. 6,836 87,774
MB Financial, Inc. 17,488 345,388
Mercantile Bank Corp. (I) 2,994 51,317
Merchants Bancshares, Inc. 2,072 61,228
Metro Bancorp, Inc. (I) 4,817 61,031
MetroCorp Bancshares, Inc. (I) 5,542 58,690
Middleburg Financial Corp. 2,218 39,392
Mitsubishi UFJ Financial Group 2,397,776 11,171,881
Mizrahi Tefahot Bank, Ltd. (I) 23,314 206,281
Mizuho Financial Group, Inc. (L) 4,300,243 6,960,950
National Australia Bank, Ltd. 421,463 11,104,541
National Bankshares, Inc. (L) 2,557 84,892
National Penn Bancshares, Inc. 39,329 358,287
Natixis 174,115 550,660
NBT Bancorp, Inc. 10,558 233,015
Nordea Bank AB 495,482 4,918,994
Northrim BanCorp, Inc. 2,419 48,719
Old National Bancorp (L) 30,166 410,559
OmniAmerican Bancorp, Inc. (I) 3,971 90,261
Oriental Financial Group, Inc. (L) 13,048 137,265
Oversea-Chinese Banking Corp., Ltd. 485,663 3,686,388
Pacific Capital Bancorp (I) 1,345 61,736
Pacific Continental Corp. 6,404 57,188
Pacific Mercantile Bancorp (I) 4,042 26,435
PacWest Bancorp 9,655 225,637
Park National Corp. 3,641 254,943
Park Sterling Corp. (I) 11,335 55,995
Penns Woods Bancorp, Inc. 1,440 63,835
Peoples Bancorp, Inc. 3,690 84,464
Pinnacle Financial Partners, Inc. (I) (L) 11,092 214,297
PNC Financial Services Group, Inc. 202,198 12,758,694
Preferred Bank (I) 4,278 60,662
PrivateBancorp, Inc. 19,325 309,007
Prosperity Bancshares, Inc. 37,064 1,579,668
Raiffeisen Bank International AG (L) 9,203 334,723
Regions Financial Corp. 538,194 3,880,379
Renasant Corp. (L) 8,253 161,800
Republic Bancorp, Inc., Class A (L) 3,356 73,664
Resona Holdings, Inc. 355,182 1,455,463
Royal Bank of Scotland Group PLC (I) 392,348 1,629,575
S&T Bancorp, Inc. (L) 9,256 162,998
Sandy Spring Bancorp, Inc. 7,848 151,074
SCBT Financial Corp. 4,883 196,687
Seacoast Banking Corp. of Florida (I) 24,967 39,698
Seven Bank, Ltd. 100,690 306,955
Shinsei Bank, Ltd. 284,237 367,544
Sierra Bancorp 4,169 51,112
Signature Bank (I) (L) 23,601 1,583,155
Simmons First National Corp., Class A 5,578 135,852

 

Strategic Equity Allocation Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Commercial Banks (continued)    
Skandinaviska Enskilda Banken AB, Series A 265,395 $ 2,229,356
Societe Generale SA (I) 131,456 3,749,440
Southside Bancshares, Inc. 5,755 125,517
Southwest Bancorp, Inc. (I) 6,421 69,668
Standard Chartered PLC 450,185 10,197,457
State Bank Financial Corp. 10,232 168,726
StellarOne Corp. 7,636 100,490
Sterling Bancorp 10,287 102,047
Sterling Financial Corp. 8,621 191,990
Suffolk Bancorp (I) 3,657 53,612
Sumitomo Mitsui Financial Group, Inc. (L) 252,912 7,867,808
Sumitomo Mitsui Trust Holdings, Inc. 586,956 1,743,298
Sun Bancorp, Inc. (I) 13,374 45,070
SunTrust Banks, Inc. 205,068 5,797,272
Suruga Bank, Ltd. 34,088 385,249
Susquehanna Bancshares, Inc. 59,762 625,111
SVB Financial Group (I) 22,365 1,352,188
Svenska Handelsbanken AB, Class A 92,902 3,489,904
Swedbank AB, Class A 154,631 2,908,689
SY Bancorp, Inc. (L) 4,136 97,858
Synovus Financial Corp. (L) 396,088 938,729
Taylor Capital Group, Inc. (I) 5,344 91,489
TCF Financial Corp. (L) 82,037 979,522
Texas Capital Bancshares, Inc. (I) (L) 12,106 601,789
The Bancorp, Inc. (I) 9,463 97,185
The Bank of Kyoto, Ltd. 60,355 509,614
The Bank of Yokohama, Ltd. 228,776 1,083,327
The Chiba Bank, Ltd. 143,129 829,593
The Chugoku Bank, Ltd. 33,112 464,559
The First of Long Island Corp. (L) 2,767 85,251
The Gunma Bank, Ltd. 72,025 364,095
The Hachijuni Bank, Ltd. 78,874 434,794
The Iyo Bank, Ltd. 48,759 397,262
The Joyo Bank, Ltd. 121,685 592,705
The Nishi-Nippon City Bank, Ltd. 127,559 295,680
The Shizuoka Bank, Ltd. (L) 100,299 1,026,571
Tompkins Financial Corp. 3,014 122,127
TowneBank (L) 8,626 132,237
Trico Bancshares 5,377 88,882
Trustmark Corp. (L) 53,182 1,294,450
U.S. Bancorp 723,643 24,820,955
UMB Financial Corp. (L) 10,273 500,090
Umpqua Holdings Corp. (L) 35,662 459,683
UniCredit SpA (I) 762,420 3,186,987
Union First Market Bankshares Corp. 6,715 104,485
Unione di Banche Italiane SCPA 161,301 598,935
United Bankshares, Inc. (L) 16,020 399,058
United Community Banks, Inc. (I) 13,462 112,946
United Overseas Bank, Ltd. 239,364 3,821,945
Univest Corp. of Pennsylvania 5,446 98,028
Valley National Bancorp (L) 99,390 995,888
Virginia Commerce Bancorp, Inc. (I) 8,886 77,753
Washington Banking Company 5,169 73,245
Washington Trust Bancorp, Inc. 4,795 125,965
Webster Financial Corp. 59,265 1,404,581
Wells Fargo & Company 1,876,076 64,780,904
WesBanco, Inc. (L) 7,503 155,387
West Bancorp, Inc. 5,512 66,420
West Coast Bancorp 6,297 141,808
Westamerica Bancorp. (L) 22,792 1,072,364
Western Alliance Bancorp (I) 22,337 227,837
Westpac Banking Corp. 575,000 14,768,692
Wilshire Bancorp, Inc. (I) 20,149 126,939
Wing Hang Bank, Ltd. 33,650 315,409
Wintrust Financial Corp. (L) 11,595 435,624

 

337

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Strategic Equity Allocation Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Commercial Banks (continued)    
Yamaguchi Financial Group, Inc. 39,936 $ 323,310
Zions Bancorporation (L) 70,112 1,448,163
 
    426,792,991
Consumer Finance - 0.6%    
AEON Credit Service Company, Ltd. (L) 12,253 263,609
American Express Company 376,648 21,416,205
Capital One Financial Corp. 221,938 12,652,685
Cash America International, Inc. (L) 9,361 361,054
Credit Acceptance Corp. (I) 2,510 214,630
Credit Saison Company, Ltd. (L) 29,695 717,528
DFC Global Corp. (I) 14,142 242,535
Discover Financial Services 196,635 7,812,309
Ezcorp, Inc., Class A (I) 15,317 351,219
First Cash Financial Services, Inc. (I) 9,166 421,728
Green Dot Corp., Class A (I) 7,695 94,110
Nelnet, Inc., Class A 7,742 183,795
Netspend Holdings, Inc. (I) 10,096 99,244
Nicholas Financial, Inc. 3,382 43,662
SLM Corp. 179,387 2,819,964
The First Marblehead Corp. (I) 4,185 4,394
World Acceptance Corp. (I) 3,532 238,233
 
    47,936,904
Diversified Financial Services - 2.2%    
ASX, Ltd. 32,979 1,009,397
Bank of America Corp. 4,116,563 36,349,251
CBOE Holdings, Inc. 43,963 1,293,391
Citigroup, Inc. 1,120,245 36,654,416
CME Group, Inc. 116,884 6,697,453
Deutsche Boerse AG 36,324 2,011,636
Eurazeo 5,610 257,724
Exor SpA 12,068 304,648
First Pacific Company, Ltd. 397,275 430,656
Gain Capital Holdings, Inc. 5,613 27,672
Groupe Bruxelles Lambert SA 15,175 1,127,488
Hong Kong Exchanges & Clearing, Ltd. 193,246 2,906,097
Industrivarden AB, C Shares 22,168 317,913
ING Groep NV (I) 720,892 5,730,695
IntercontinentalExchange, Inc. (I) 27,718 3,697,858
Investment AB Kinnevik 38,732 805,552
Investor AB, B Shares 85,702 1,891,157
JPMorgan Chase & Company 1,451,312 58,749,110
Leucadia National Corp. (L) 75,572 1,719,263
London Stock Exchange Group PLC 33,172 505,932
MarketAxess Holdings, Inc. 11,641 367,856
Marlin Business Services Corp. 2,753 58,391
Mitsubishi UFJ Lease &    
Finance Company, Ltd. 10,968 462,138
Moody’s Corp. (L) 73,869 3,262,794
MSCI, Inc. (I) 61,337 2,195,251
NewStar Financial, Inc. (I) 8,430 101,076
NYSE Euronext 94,205 2,322,153
ORIX Corp. 19,704 1,975,784
Pargesa Holding SA 5,088 337,349
PHH Corp. (I) (L) 18,066 367,643
PICO Holdings, Inc. (I) 7,342 167,544
Pohjola Bank OYJ 26,073 344,083
Resource America, Inc., Class A 4,651 31,813
Singapore Exchange, Ltd. 161,648 919,221
The NASDAQ OMX Group, Inc. 44,684 1,040,914
Wendel SA 6,186 523,241
 
    176,964,560
Insurance - 3.9%    
ACE, Ltd. 129,665 9,802,674

 

Strategic Equity Allocation Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Insurance (continued)    
Admiral Group PLC 38,311 $ 653,150
Aegon NV 323,343 1,688,982
Aflac, Inc. 179,133 8,576,888
Ageas 43,978 1,056,595
AIA Group, Ltd. 1,926,934 7,116,320
Alleghany Corp. (I) 8,527 2,941,303
Allianz SE 85,692 10,203,435
Alterra Capital Holdings, Ltd. (L) 27,103 648,846
American Equity Investment Life    
Holding Company (L) 19,272 224,133
American Financial Group, Inc. 39,715 1,505,199
American International Group, Inc. (I) 445,566 14,610,109
American Safety Insurance Holdings, Ltd. (I) 3,104 58,014
AMERISAFE, Inc. (I) 5,859 159,013
AMP, Ltd. 544,844 2,436,999
Amtrust Financial Services, Inc. (L) 8,619 220,819
Aon PLC 123,076 6,435,644
Argo Group International Holdings, Ltd. 8,176 264,821
Arthur J. Gallagher & Company 60,931 2,182,548
Aspen Insurance Holdings, Ltd. 35,944 1,095,933
Assicurazioni Generali SpA 219,757 3,168,943
Assurant, Inc. 30,891 1,152,234
Aviva PLC (I) 549,279 2,838,310
AXA SA 332,755 4,972,331
Baldwin & Lyons, Inc., Class B 2,703 64,629
Baloise Holding AG 8,941 704,131
Berkshire Hathaway, Inc., Class B (I) 700,254 61,762,403
Brown & Brown, Inc. 59,172 1,542,614
Cincinnati Financial Corp. (L) 55,800 2,114,262
Citizens, Inc. (I) (L) 12,332 129,363
CNO Financial Group, Inc. 67,513 651,500
CNP Assurances 27,972 365,918
Crawford & Company, Class B 8,749 43,832
Delta Lloyd NV 26,072 399,345
Donegal Group, Inc., Class A 2,660 37,346
Eastern Insurance Holdings, Inc. 2,587 43,384
eHealth, Inc. (I) 6,456 121,179
EMC Insurance Group, Inc. 1,651 34,671
Employers Holdings, Inc. 10,127 185,628
Enstar Group, Ltd. (I) 2,666 265,667
Everest Re Group, Ltd. 26,093 2,790,907
FBL Financial Group, Inc., Class A 3,335 110,722
Fidelity National Financial, Inc., Class A 106,165 2,270,869
First American Financial Corp. 87,322 1,892,268
Flagstone Reinsurance Holdings SA 17,268 148,332
Genworth Financial, Inc., Class A (I) 187,080 978,428
Gjensidige Forsikring ASA 37,659 522,924
Global Indemnity PLC (I) 3,711 81,197
Greenlight Capital Re, Ltd., Class A (I) 8,967 221,933
Hallmark Financial Services, Inc. (I) 5,329 43,378
Hannover Rueckversicherung AG 11,353 726,337
Hartford Financial Services Group, Inc. (L) 165,471 3,216,756
HCC Insurance Holdings, Inc. 50,750 1,719,918
Hilltop Holdings, Inc. (I) 12,765 162,243
Homeowners Choice, Inc. (L) 2,482 58,327
Horace Mann Educators Corp. 12,584 227,896
Infinity Property & Casualty Corp. 3,757 226,885
Insurance Australia Group, Ltd. 391,151 1,766,861
Kansas City Life Insurance Company 1,558 60,030
Kemper Corp. 27,478 843,849
Legal & General Group PLC 1,105,321 2,361,906
Lincoln National Corp. 106,816 2,583,879
Loews Corp. 119,102 4,914,149
Maiden Holdings, Ltd. 16,133 143,422
Mapfre SA 144,999 397,070

 

338

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Strategic Equity Allocation Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Insurance (continued)    
Marsh & McLennan Companies, Inc. 207,833 $ 7,051,774
Meadowbrook Insurance Group, Inc. 16,238 124,870
Mercury General Corp. 18,256 705,594
MetLife, Inc. 405,975 13,989,899
Montpelier Re Holdings, Ltd. 15,788 349,388
MS&AD Insurance Group Holdings (L) 95,396 1,639,742
Muenchener Rueckversicherungs AG 33,753 5,274,070
National Financial Partners Corp. (I) (L) 12,847 217,114
National Interstate Corp. 2,038 52,580
National Western Life Insurance    
Company, Class A 717 102,710
NKSJ Holdings, Inc. 70,378 1,376,779
Old Mutual PLC 915,913 2,521,383
Old Republic International Corp. 121,491 1,129,866
OneBeacon Insurance Group, Ltd., Class A 7,355 98,851
Platinum Underwriters Holdings, Ltd. (L) 10,856 443,685
Presidential Life Corp. 7,408 103,193
Primerica, Inc. 15,001 429,629
Principal Financial Group, Inc. (L) 106,208 2,861,244
Protective Life Corp. 40,266 1,055,372
Prudential Financial, Inc. 177,812 9,692,532
Prudential PLC 480,291 6,232,179
QBE Insurance Group, Ltd. 222,413 2,977,381
Reinsurance Group of America, Inc. 37,133 2,148,887
Resolution, Ltd. 261,848 919,500
RLI Corp. (L) 6,737 449,088
RSA Insurance Group PLC 668,463 1,194,870
Safety Insurance Group, Inc. 4,038 185,263
Sampo OYJ 78,871 2,460,191
SCOR SE 30,736 791,874
SeaBright Holdings, Inc. 6,733 74,063
Selective Insurance Group, Inc. 17,587 333,977
Sony Financial Holdings, Inc. 32,716 557,339
StanCorp Financial Group, Inc. 22,179 692,872
Standard Life PLC 443,566 1,959,763
State Auto Financial Corp. 4,866 79,754
Stewart Information Services Corp. (L) 6,004 120,921
Suncorp Group, Ltd. 242,101 2,319,320
Swiss Life Holding (I) 5,738 685,037
Swiss Re, Ltd. (I) 66,282 4,265,100
Symetra Financial Corp. 24,633 302,986
T&D Holdings, Inc. 108,962 1,178,750
The Allstate Corp. 185,283 7,339,060
The Chubb Corp. 101,353 7,731,207
The Dai-ichi Life Insurance Company, Ltd. 1,599 1,813,254
The Hanover Insurance Group, Inc. 22,511 838,760
The Navigators Group, Inc. (I) 3,175 156,289
The Phoenix Companies, Inc. (I) (L) 1,871 57,384
The Progressive Corp. (L) 214,246 4,443,462
The Travelers Companies, Inc. 147,053 10,037,838
Tokio Marine Holdings, Inc. 136,302 3,479,271
Torchmark Corp. (L) 36,485 1,873,505
Tower Group, Inc. 11,185 216,877
Tryg A/S 4,619 300,209
United Fire Group, Inc. 6,466 162,426
Unum Group 106,540 2,047,699
Vienna Insurance Group AG 7,234 307,359
W.R. Berkley Corp. (L) 55,993 2,099,178
XL Group PLC 116,758 2,805,695
Zurich Insurance Group AG (I) 27,735 6,905,781
 
    312,714,245
Real Estate Investment Trusts - 2.6%    
Acadia Realty Trust 14,019 347,952
AG Mortgage Investment Trust, Inc. 5,093 122,894

 

Strategic Equity Allocation Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Real Estate Investment Trusts (continued)    
Agree Realty Corp. 3,954 $ 100,787
Alexander’s, Inc. 669 285,991
Alexandria Real Estate Equities, Inc. 31,613 2,324,188
American Assets Trust, Inc. 10,645 285,180
American Campus Communities, Inc. (L) 46,329 2,032,917
American Capital Mortgage Investment Corp. 11,307 284,145
American Realty Capital Trust, Inc. 50,421 591,438
Anworth Mortgage Asset Corp. 42,811 291,115
Apartment Investment & Management    
Company, Class A 55,902 1,452,893
Apollo Commercial Real Estate Finance, Inc. 5,687 98,613
Apollo Residential Mortgage, Inc. 7,780 171,471
Ares Commercial Real Estate Corp. (L) 2,718 46,369
ARMOUR Residential REIT, Inc. 56,502 432,805
Ascendas Real Estate Investment Trust 358,239 702,175
Ashford Hospitality Trust, Inc. 17,027 143,027
Associated Estates Realty Corp. 13,490 204,508
AvalonBay Communities, Inc. 36,997 5,031,222
Beni Stabili SpA 44 23
BGP Holdings PLC (I) 1,525,695 2
BioMed Realty Trust, Inc. 77,643 1,453,477
Boston Properties, Inc. 57,543 6,364,831
BRE Properties, Inc. 38,674 1,813,424
British Land Company PLC 158,950 1,342,677
Camden Property Trust 42,098 2,714,900
Campus Crest Communities, Inc. 10,023 108,248
Capital Shopping Centres Group PLC 105,831 560,653
CapitaMall Trust 438,981 721,557
CapLease, Inc. 22,914 118,465
Capstead Mortgage Corp. 29,403 396,646
Cedar Realty Trust, Inc. 19,727 104,159
Centro Retail Australia 239,764 519,701
CFS Retail Property Trust Group 374,151 748,837
Chatham Lodging Trust 4,866 67,540
Chesapeake Lodging Trust 10,219 203,052
Colonial Properties Trust 27,879 586,853
Colony Financial, Inc. 10,333 201,287
Coresite Realty Corp. 6,604 177,912
Corio NV 12,162 518,703
Corporate Office Properties Trust (L) 36,285 869,751
Cousins Properties, Inc. 29,194 231,800
CreXus Investment Corp. 20,365 220,146
CubeSmart 39,218 504,736
CYS Investments, Inc. 36,291 511,340
DCT Industrial Trust, Inc. (L) 78,092 505,255
Dexus Property Group 865,655 852,778
DiamondRock Hospitality Company 53,301 513,289
Duke Realty Corp. 135,823 1,996,598
DuPont Fabros Technology, Inc. (L) 19,494 492,224
Dynex Capital, Inc. 17,515 188,286
EastGroup Properties, Inc. 9,031 480,449
Education Realty Trust, Inc. 30,177 328,929
Entertainment Properties Trust (L) 14,794 657,297
Equity One, Inc. 48,200 1,015,092
Equity Residential 115,330 6,634,935
Essex Property Trust, Inc. 18,339 2,718,573
Excel Trust, Inc. 11,034 126,008
Federal Realty Investment Trust 32,291 3,400,242
FelCor Lodging Trust, Inc. (I) 39,846 188,870
First Industrial Realty Trust, Inc. (I) 28,291 371,744
First Potomac Realty Trust (L) 16,219 208,901
Fonciere Des Regions 4,900 368,861
Franklin Street Properties Corp. (L) 23,123 255,972
Gecina SA 4,130 423,545
Getty Realty Corp. (L) 8,233 147,782

 

339

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Strategic Equity Allocation Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Real Estate Investment Trusts (continued)    
Gladstone Commercial Corp. (L) 4,017 $ 73,350
Glimcher Realty Trust 44,402 469,329
Goodman Group 291,758 1,197,762
Government Properties Income Trust 11,695 273,663
GPT Group 269,308 945,217
Gramercy Capital Corp. (I) 15,474 46,577
Gyrodyne Company of America, Inc. (I) 429 46,602
Hammerson PLC 134,188 979,237
HCP, Inc. 163,951 7,292,540
Health Care REIT, Inc. 87,234 5,037,764
Healthcare Realty Trust, Inc. 24,691 569,128
Hersha Hospitality Trust 54,845 268,741
Highwoods Properties, Inc. (L) 61,559 2,008,055
Home Properties, Inc. 25,124 1,539,347
Hospitality Properties Trust 62,223 1,479,663
Host Hotels & Resorts, Inc. (L) 276,592 4,439,302
Hudson Pacific Properties, Inc. 11,325 209,513
ICADE 4,404 359,443
Inland Real Estate Corp. (L) 24,179 199,477
Invesco Mortgage Capital, Inc. 36,434 733,416
Investors Real Estate Trust (L) 27,380 226,433
iStar Financial, Inc. (I) (L) 26,901 222,740
Japan Prime Realty Investment Corp. 145 436,877
Japan Real Estate Investment Corp. (L) 102 1,027,014
Japan Retail Fund Investment Corp. 352 629,036
Kimco Realty Corp. 155,074 3,143,350
Kite Realty Group Trust 18,053 92,070
Klepierre 18,762 658,810
Land Securities Group PLC 146,618 1,805,068
LaSalle Hotel Properties 27,165 725,034
Lexington Realty Trust (L) 37,751 364,675
Liberty Property Trust 59,200 2,145,408
LTC Properties, Inc. 9,707 309,168
Mack-Cali Realty Corp. 41,997 1,117,120
Medical Properties Trust, Inc. 43,005 449,402
Mirvac Group 643,672 952,346
Mission West Properties, Inc. 6,695 58,247
Monmouth Real Estate    
Investment Corp., Class A 13,150 147,149
National Health Investments, Inc. (L) 7,741 398,197
National Retail Properties, Inc. 54,493 1,662,037
New York Mortgage Trust, Inc. 6,153 43,379
Nippon Building Fund, Inc. 113 1,217,595
Nomura Real Estate Office Fund, Inc. 51 319,434
NorthStar Realty Finance Corp. (L) 42,060 267,502
Omega Healthcare Investors, Inc. (L) 88,214 2,005,104
One Liberty Properties, Inc. (L) 3,887 72,493
Parkway Properties, Inc. 5,236 70,005
Pebblebrook Hotel Trust 16,672 389,958
Pennsylvania Real Estate Investment Trust 17,798 282,276
PennyMac Mortgage Investment Trust 12,609 294,672
Plum Creek Timber Company, Inc. (L) 61,558 2,698,703
Potlatch Corp. 33,098 1,236,872
Prologis, Inc. 176,701 6,189,836
PS Business Parks, Inc. 5,843 390,429
Public Storage 54,947 7,646,974
RAIT Financial Trust (L) 16,303 85,591
Ramco-Gershenson Properties Trust 14,617 183,151
Rayonier, Inc. (L) 61,837 3,030,631
Realty Income Corp. (L) 67,216 2,748,462
Redwood Trust, Inc. 25,241 364,985
Regency Centers Corp. 45,296 2,207,274
Resource Capital Corp. 27,126 159,501
Retail Opportunity Investments Corp. (L) 16,095 207,143
RLJ Lodging Trust 33,695 637,172

 

Strategic Equity Allocation Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Real Estate Investment Trusts (continued)    
Rouse Properties, Inc. (L) 7,060 $ 101,311
Sabra Health Care REIT, Inc. 11,829 236,698
Saul Centers, Inc. 2,440 108,336
Segro PLC 139,679 512,376
Select Income REIT 2,747 67,631
Senior Housing Properties Trust 88,868 1,935,545
Simon Property Group, Inc. 115,785 17,577,321
SL Green Realty Corp. (L) 45,404 3,635,498
Sovran Self Storage, Inc. 9,201 532,278
STAG Industrial, Inc. 7,847 127,592
Starwood Property Trust, Inc. 36,649 852,822
Stockland 423,539 1,463,290
Strategic Hotels & Resorts, Inc. (I) 57,739 347,011
Summit Hotel Properties, Inc. 9,688 82,736
Sun Communities, Inc. 8,526 376,167
Sunstone Hotel Investors, Inc. (I) 37,807 415,877
Taubman Centers, Inc. 31,076 2,384,461
Terreno Realty Corp. 4,573 72,253
The Link REIT 425,715 2,014,438
The Macerich Company (L) 67,046 3,837,043
Two Harbors Investment Corp. 67,799 796,638
UDR, Inc. 126,001 3,127,345
UMH Properties, Inc. 4,793 57,372
Unibail-Rodamco SE 17,278 3,449,574
Universal Health Realty Income Trust 3,809 175,138
Urstadt Biddle Properties, Inc., Class A 7,314 147,962
Ventas, Inc. 112,733 7,017,629
Vornado Realty Trust 64,604 5,236,154
Washington Real Estate Investment Trust (L) 21,003 563,300
Weingarten Realty Investors 56,181 1,579,248
Western Asset Mortgage Capital Corp. 2,705 60,051
Westfield Group 406,049 4,264,219
Westfield Retail Trust 545,916 1,631,968
Weyerhaeuser Company 204,794 5,353,315
Whitestone REIT 3,932 51,902
Winthrop Realty Trust 9,344 100,728
 
    205,666,716
Real Estate Management & Development - 0.6%    
Aeon Mall Company, Ltd. 13,631 333,424
Alexander & Baldwin, Inc. (I) (L) 21,355 630,613
AV Homes, Inc. (I) 3,263 48,423
CapitaLand, Ltd. 482,024 1,243,822
CapitaMalls Asia, Ltd. 256,093 343,296
CBRE Group, Inc., Class A (I) 115,995 2,135,468
Cheung Kong Holdings, Ltd. 260,942 3,809,722
City Developments, Ltd. 94,469 900,762
Consolidated-Tomoka Land Company (L) 1,471 48,381
Daito Trust Construction Company, Ltd. 13,631 1,370,777
Daiwa House Industry Company, Ltd. (L) 96,310 1,397,415
Forestar Group, Inc. (I) (L) 11,114 185,159
Global Logistic Properties, Ltd. 389,390 793,727
Hang Lung Group, Ltd. 164,547 1,040,423
Hang Lung Properties, Ltd. 421,251 1,438,408
Henderson Land Development Company, Ltd. 177,694 1,268,698
Hulic Company, Ltd. (I) 45,077 272,321
Hysan Development Company, Ltd. 119,785 543,056
Immoeast AG (I) 70,405 0
IMMOFINANZ AG (I) 175,245 636,545
Jones Lang LaSalle, Inc. 22,179 1,693,367
Kennedy-Wilson Holdings, Inc. (L) 11,322 158,168
Keppel Land, Ltd. 140,229 404,223
Kerry Properties, Ltd. 135,055 681,572
Lend Lease Corp. 102,455 831,009
Mitsubishi Estate Company, Ltd. 235,650 4,508,281

 

340

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Strategic Equity Allocation Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Real Estate Management & Development (continued)  
Mitsui Fudosan Company, Ltd. 157,750 $ 3,156,796
New World Development Company, Ltd. 694,827 1,069,642
Nomura Real Estate Holdings, Inc. 17,916 314,715
NTT Urban Development Corp. 213 171,288
Sino Land Company, Ltd. 557,089 1,035,898
Sumitomo Realty &    
Development Company, Ltd. (L) 67,177 1,782,141
Sun Hung Kai Properties, Ltd. 295,060 4,319,862
Swire Pacific, Ltd. 127,789 1,560,097
Swiss Prime Site AG (I) 9,209 760,807
Tejon Ranch Company (I) 4,235 127,219
Thomas Properties Group, Inc. 10,643 61,942
Tokyu Land Corp. 79,823 427,183
UOL Group, Ltd. 86,671 403,621
Wharf Holdings, Ltd. 284,698 1,956,382
Wheelock and Company, Ltd. 172,370 739,871
Zillow, Inc., Class A (I) (L) 1,018 42,939
 
    44,647,463
Thrifts & Mortgage Finance - 0.2%    
Astoria Financial Corp. (L) 68,672 678,479
Bank Mutual Corp. 15,643 71,176
BankFinancial Corp. 7,433 65,336
Beneficial Mutual Bancorp, Inc. (I) 10,671 102,015
Berkshire Hill Bancorp, Inc. 7,159 163,798
BofI Holding, Inc. (I) 3,423 89,169
Brookline Bancorp, Inc. 22,596 199,297
Cape Bancorp, Inc. (I) 4,354 40,753
Clifton Savings Bancorp, Inc. 3,043 33,473
Dime Community Bancshares, Inc. 10,404 150,234
Doral Financial Corp. (I) 41,169 38,728
ESB Financial Corp. 3,607 50,354
ESSA Bancorp, Inc. 3,539 36,770
EverBank Financial Corp. 6,921 95,302
Federal Agricultural Mortgage Corp., Class C 3,310 85,199
First Defiance Financial Corp. 3,372 58,201
First Financial Holdings, Inc. 5,500 71,445
First Pactrust Bancorp, Inc. 3,865 48,351
Flushing Financial Corp. 10,285 162,503
Fox Chase Bancorp, Inc. 4,574 71,446
Franklin Financial Corp. (I) 4,937 84,225
Heritage Financial Group, Inc. 3,309 43,480
Home Bancorp, Inc. (I) 2,696 48,501
Home Federal Bancorp, Inc. 5,270 59,656
Home Loan Servicing Solutions, Ltd. 4,575 74,435
HomeStreet, Inc. (I) 1,486 56,557
Hudson City Bancorp, Inc. 182,467 1,452,437
Kaiser Federal Financial Group, Inc. 3,339 50,386
Kearny Financial Corp. (I) 4,709 45,866
MGIC Investment Corp. (I) 60,058 91,889
Nationstar Mortgage Holdings, Inc. (I) 6,148 203,991
New York Community Bancorp, Inc. (L) 221,139 3,131,328
Northfield Bancorp, Inc. (I) (L) 4,980 79,780
Northwest Bancshares, Inc. 30,910 378,029
OceanFirst Financial Corp. 4,841 71,017
Ocwen Financial Corp. (I) 34,247 938,710
Oritani Financial Corp. 14,698 221,205
People’s United Financial, Inc. 135,475 1,644,667
Peoples Federal Bancshares, Inc. 2,505 43,286
Provident Financial Holdings, Inc. 3,453 49,067
Provident Financial Services, Inc. 19,153 302,426
Provident New York Bancorp 11,151 104,931
Radian Group, Inc. (L) 42,601 184,888
Rockville Financial, Inc. 9,567 117,196
SI Financial Group, Inc. 3,810 44,653

 

Strategic Equity Allocation Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Thrifts & Mortgage Finance (continued)    
Territorial Bancorp, Inc. 3,706 $ 85,053
TrustCo Bank Corp. 30,183 172,647
United Financial Bancorp, Inc. 5,379 77,834
ViewPoint Financial Group 10,712 205,349
Walker & Dunlop, Inc. (I) 4,108 63,140
Washington Federal, Inc. 53,769 896,867
Westfield Financial, Inc. (L) 9,182 68,773
WSFS Financial Corp. 2,591 106,956
 
    13,511,254
 
    1,371,174,532
Health Care - 11.4%    
Biotechnology - 1.4%    
Achillion Pharmaceuticals, Inc. (I) 17,054 177,532
Acorda Therapeutics, Inc. (I) 12,795 327,680
Actelion, Ltd. (I) 20,880 1,047,479
Aegerion Pharmaceuticals, Inc. (I) 6,989 103,577
Affymax, Inc. (I) 11,536 242,948
Agenus, Inc. (I) 7,907 36,451
Alexion Pharmaceuticals, Inc. (I) 73,704 8,431,738
Alkermes PLC (I) 38,791 804,913
Allos Therapeutics, Inc. (I) 26,492 0
Alnylam Pharmaceuticals, Inc. (I) 14,801 278,111
AMAG Pharmaceuticals, Inc. (I) 6,890 122,229
Amgen, Inc. 294,279 24,813,605
Amicus Therapeutics, Inc. (I) 9,869 51,319
Anacor Pharmaceuticals, Inc. (I) 1,362 8,962
Arena Pharmaceuticals, Inc. (I) (L) 62,784 522,363
Arqule, Inc. (I) 18,932 96,743
Array BioPharma, Inc. (I) 29,101 170,532
Astex Pharmaceuticals (I) 29,923 91,864
AVEO Pharmaceuticals, Inc. (I) (L) 12,469 129,802
BioCryst Pharmaceuticals, Inc. (I) (L) 15,806 67,017
Biogen Idec, Inc. (I) 90,230 13,465,023
Biospecifics Technologies Corp. (I) 1,828 35,500
Biotime, Inc. (I) (L) 9,835 41,307
Celgene Corp. (I) 164,776 12,588,886
Celldex Therapeutics, Inc. (I) (L) 18,944 119,347
Cepheid, Inc. (I) (L) 20,864 720,017
ChemoCentryx, Inc. (I) 320 3,722
Clovis Oncology, Inc. (I) (L) 4,392 89,816
Codexis, Inc. (I) 9,026 27,349
Coronado Biosciences, Inc. (I) 1,880 9,776
CSL, Ltd. 96,058 4,569,057
Cubist Pharmaceuticals, Inc. (I) 20,102 958,463
Curis, Inc. (I) (L) 25,554 105,794
Cytori Therapeutics, Inc. (I) (L) 17,538 77,343
Dendreon Corp. (I) (L) 49,036 236,844
Discovery Laboratories, Inc. (I) 13,650 44,772
Dusa Pharmaceuticals, Inc. (I) 8,239 55,943
Dyax Corp. (I) 32,649 84,887
Dynavax Technologies Corp. (I) 55,602 264,666
Emergent Biosolutions, Inc. (I) 8,164 116,010
Enzon Pharmaceuticals, Inc. (I) 13,651 95,011
Exact Sciences Corp. (I) 18,327 201,780
Exelixis, Inc. (I) (L) 47,480 228,854
Genomic Health, Inc. (I) (L) 5,137 178,203
Geron Corp. (I) (L) 42,930 72,981
Gilead Sciences, Inc. (I) 289,214 19,183,565
Grifols SA (I) 28,079 928,373
GTx, Inc. (I) 9,210 42,182
Halozyme Therapeutics, Inc. (I) (L) 28,661 216,677
Idenix Pharmaceuticals, Inc. (I) 23,878 109,122
ImmunoCellular Therapeutics, Ltd. (I) 12,656 35,563

 

341

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Strategic Equity Allocation Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Biotechnology (continued)    
Immunogen, Inc. (I) 24,663 $ 360,080
Immunomedics, Inc. (I) 22,043 77,371
Infinity Pharmaceuticals, Inc. (I) 6,292 148,177
InterMune, Inc. (I) 20,871 187,213
Ironwood Pharmaceuticals, Inc. (I) (L) 23,995 306,656
Isis Pharmaceuticals, Inc. (I) (L) 31,962 449,705
Keryx Biopharmaceuticals Inc. (I) (L) 22,322 62,948
Lexicon Pharmaceuticals, Inc. (I) (L) 63,722 147,835
Ligand Pharmaceuticals, Inc., Class B (I) 5,629 96,537
MannKind Corp. (I) (L) 36,469 105,031
Maxygen, Inc. 9,569 25,262
Merrimack Pharmaceuticals, Inc. (I) (L) 5,132 48,138
Momenta Pharmaceuticals, Inc. (I) 14,955 217,894
Neurocrine Biosciences, Inc. (I) 21,211 169,264
NewLink Genetics Corp. (I) (L) 4,066 65,991
Novavax, Inc. (I) (L) 38,013 82,108
NPS Pharmaceuticals, Inc. (I) 27,521 254,569
OncoGenex Pharmaceuticals, Inc. (I) 4,875 69,079
Oncothyreon, Inc. (I) (L) 18,364 94,391
Opko Health, Inc. (I) (L) 34,260 143,207
Orexigen Therapeutics, Inc. (I) 19,528 111,505
Osiris Therapeutics, Inc. (I) (L) 5,351 59,129
PDL BioPharma, Inc. (L) 44,518 342,343
Pharmacyclics, Inc. (I) 17,325 1,117,463
Progenics Pharmaceuticals, Inc. (I) (L) 9,785 28,083
Raptor Pharmaceutical Corp. (I) (L) 15,798 87,837
Regeneron Pharmaceuticals, Inc. (I) (L) 37,732 5,760,167
Repligen Corp. (I) 9,924 59,147
Rigel Pharmaceuticals, Inc. (I) 22,967 235,412
Sangamo Biosciences, Inc. (I) 16,813 102,223
Seattle Genetics, Inc. (I) (L) 30,244 815,076
SIGA Technologies, Inc. (I) (L) 11,701 37,443
Spectrum Pharmaceuticals, Inc. (I) (L) 18,923 221,399
Sunesis Pharmaceuticals Inc (I) 4,895 27,657
Synageva BioPharma Corp. (I) 2,945 157,351
Synergy Pharmaceuticals, Inc. (I) 13,058 62,417
Synta Pharmaceuticals Corp. (I) (L) 12,054 91,851
Targacept, Inc. (I) (L) 9,018 44,098
Theravance, Inc. (I) (L) 19,335 500,970
Threshold Pharmaceuticals, Inc. (I) 14,459 104,683
Trius Therapeutics, Inc. (I) 8,135 47,427
United Therapeutics Corp. (I) (L) 24,228 1,353,861
Vanda Pharmaceuticals, Inc. (I) 9,534 38,422
Vertex Pharmaceuticals, Inc. (I) 108,688 6,081,094
Vical, Inc. (I) (L) 24,591 106,233
XOMA Corp. (I) 22,149 81,730
ZIOPHARM Oncology, Inc. (I) (L) 21,459 116,952
 
    113,335,127
Health Care Equipment & Supplies - 1.7%    
Abaxis, Inc. (I) (L) 6,894 247,632
ABIOMED, Inc. (I) (L) 10,676 224,089
Accuray, Inc. (I) (L) 22,762 161,155
Align Technology, Inc. (I) (L) 22,836 844,247
Alphatec Holdings, Inc. (I) 18,240 30,096
Analogic Corp. 3,870 302,518
AngioDynamics, Inc. (I) 7,804 95,209
Anika Therapeutics, Inc. (I) 3,768 56,595
Antares Pharma, Inc. (I) (L) 29,354 127,983
ArthroCare Corp. (I) 8,822 285,833
AtriCure, Inc. (I) 5,079 37,788
Atrion Corp. 508 112,522
Baxter International, Inc. 208,929 12,590,062
Becton, Dickinson and Company (L) 76,234 5,988,943
Biolase, Inc. (I) 559 956

 

Strategic Equity Allocation Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Health Care Equipment & Supplies (continued)    
Boston Scientific Corp. (I) 544,032 $ 3,122,744
C.R. Bard, Inc. 29,792 3,117,733
Cantel Medical Corp. 6,723 182,059
Cardiovascular Systems, Inc. (I) 5,472 63,256
CareFusion Corp. (I) 84,606 2,401,964
Cerus Corp. (I) (L) 17,913 60,904
Cie Generale d’Optique    
Essilor International SA 37,839 3,548,296
Cochlear, Ltd. 10,719 744,827
Coloplast A/S 4,287 893,078
Conceptus, Inc. (I) 10,016 203,425
CONMED Corp. 8,909 253,907
Covidien PLC 183,688 10,914,741
CryoLife, Inc. 9,446 63,477
Cyberonics, Inc. (I) 8,779 460,195
Cynosure, Inc., Class A (I) 3,254 85,841
DENTSPLY International, Inc. (L) 54,061 2,061,887
Derma Sciences, Inc. (I) 3,679 38,188
DexCom, Inc. (I) (L) 21,917 329,413
Edwards Lifesciences Corp. (I) 44,206 4,746,398
Elekta AB, Series B 69,087 913,535
Endologix, Inc. (I) 17,744 245,222
EnteroMedics, Inc. (I) 9,142 33,368
Exactech, Inc. (I) 2,832 50,495
Getinge AB, B Shares 37,635 1,136,962
Greatbatch, Inc. (I) 7,420 180,529
Haemonetics Corp. (I) 7,985 640,397
Hansen Medical, Inc. (I) (L) 17,611 34,341
HeartWare International, Inc. (I) 4,511 426,244
Hill-Rom Holdings, Inc. 31,312 909,927
Hologic, Inc. (I) 133,308 2,698,154
ICU Medical, Inc. (I) 3,929 237,626
IDEXX Laboratories, Inc. (I) (L) 27,720 2,753,982
Insulet Corp. (I) (L) 15,279 329,721
Integra LifeSciences Holdings Corp. (I) 6,203 254,943
Intuitive Surgical, Inc. (I) (L) 15,258 7,562,323
Invacare Corp. 10,162 143,691
IRIS International, Inc. (I) 5,172 100,957
MAKO Surgical Corp. (I) (L) 11,508 200,354
Masimo Corp. (I) (L) 42,042 1,016,576
Medtronic, Inc. 389,654 16,801,880
Meridian Bioscience, Inc. (L) 13,136 251,948
Merit Medical Systems, Inc. (I) 13,334 199,077
Natus Medical, Inc. (I) 9,458 123,616
Navidea Biopharmaceuticals, Inc. (I) (L) 31,251 85,940
Neogen Corp. (I) (L) 7,605 324,734
NuVasive, Inc. (I) 13,743 314,852
NxStage Medical, Inc. (I) 15,734 207,846
Olympus Corp. (I) (L) 40,798 794,056
OraSure Technologies, Inc. (I) (L) 15,381 171,037
Orthofix International NV (I) 5,936 265,636
Palomar Medical Technologies, Inc. (I) 6,344 59,887
PhotoMedex, Inc. (I) (L) 4,205 59,122
Quidel Corp. (I) (L) 8,971 169,821
ResMed, Inc. (L) 71,536 2,895,062
Rochester Medical Corp. (I) 3,783 44,677
Rockwell Medical Technologies, Inc. (I) 6,905 56,414
RTI Biologics, Inc. (I) 18,463 76,991
Smith & Nephew PLC 168,701 1,863,291
Solta Medical, Inc. (I) 20,324 63,817
Sonova Holding AG (I) 9,251 936,050
Spectranetics Corp. (I) 11,058 163,106
St. Jude Medical, Inc. 119,570 5,037,484
Staar Surgical Company (I) 11,834 89,465
STERIS Corp. (L) 47,502 1,684,896

 

342

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Strategic Equity Allocation Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Health Care Equipment & Supplies (continued)    
Straumann Holding AG 1,622 $ 216,076
Stryker Corp. 110,499 6,150,374
SurModics, Inc. (I) 4,993 100,958
Symmetry Medical, Inc. (I) 11,796 116,662
Sysmex Corp. 13,531 649,069
Teleflex, Inc. 20,581 1,416,796
Terumo Corp. (L) 28,609 1,230,937
The Cooper Companies, Inc. 24,121 2,278,470
Thoratec Corp. (I) 29,625 1,025,025
Tornier BV (I) 4,823 91,396
Unilife Corp. (I) (L) 23,809 74,284
Utah Medical Products, Inc. 1,199 40,754
Varian Medical Systems, Inc. (I) (L) 42,441 2,560,041
Vascular Solutions, Inc. (I) 5,467 80,966
Volcano Corp. (I) 16,941 484,004
West Pharmaceutical Services, Inc. 10,710 568,380
William Demant Holdings A/S (I) 4,943 443,303
Wright Medical Group, Inc. (I) (L) 12,464 275,579
Young Innovations, Inc. 1,819 71,123
Zeltiq Aesthetics, Inc. (I) 5,921 33,394
Zimmer Holdings, Inc. (L) 66,360 4,487,263
 
    129,402,867
Health Care Providers & Services - 1.7%    
Acadia Healthcare Company, Inc. (I) 7,303 174,177
Accretive Health, Inc. (I) 17,946 200,277
Aetna, Inc. 127,874 5,063,810
Air Methods Corp. (I) (L) 4,092 488,462
Alfresa Holdings Corp. 7,852 387,004
Almost Family, Inc. (I) (L) 2,729 58,073
Amedisys, Inc. (I) (L) 9,640 133,128
AMERIGROUP Corp. (I) 24,575 2,246,892
AmerisourceBergen Corp. 95,579 3,699,863
AMN Healthcare Services, Inc. (I) 13,193 132,722
Amsurg Corp. (I) 10,048 285,162
Assisted Living Concepts, Inc., Class A (I) (L) 6,164 47,031
Bio-Reference Labs, Inc. (I) 7,800 222,924
BioScrip, Inc. (I) 14,124 128,670
Capital Senior Living Corp. (I) 9,113 131,865
Cardinal Health, Inc. 130,412 5,082,156
Celesio AG 16,014 285,730
Centene Corp. (I) 16,343 611,392
Chemed Corp. (L) 6,047 418,997
Chindex International, Inc. (I) 3,914 40,432
Cigna Corp. 109,863 5,182,238
Community Health Systems, Inc. (I) 45,817 1,335,107
Corvel Corp. (I) 1,967 88,023
Coventry Health Care, Inc. 51,005 2,126,398
Cross Country Healthcare, Inc. (I) 9,342 44,094
DaVita, Inc. (I) 32,570 3,374,578
Emeritus Corp. (I) (L) 9,892 207,138
ExamWorks Group, Inc. (I) 9,347 139,457
Express Scripts Holding Company (I) 309,763 19,412,847
Five Star Quality Care, Inc. (I) 13,793 70,482
Fresenius Medical Care AG &    
Company KGaA 39,551 2,902,879
Fresenius SE & Company KGaA 23,321 2,709,777
Gentiva Health Services, Inc. (I) (L) 10,065 113,936
Hanger, Inc. (I) 10,778 307,496
Health Management    
Associates, Inc., Class A (I) (L) 129,118 1,083,300
Health Net, Inc. (I) 41,042 923,855
HealthSouth Corp. (I) (L) 30,291 728,801
Healthways, Inc. (I) 10,798 126,445
Henry Schein, Inc. (I) (L) 44,590 3,534,649

 

Strategic Equity Allocation Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Health Care Providers & Services (continued)    
HMS Holdings Corp. (I) (L) 70,858 $ 2,368,783
Humana, Inc. 61,451 4,310,788
IPC The Hospitalist Company, Inc. (I) 5,252 240,016
Kindred Healthcare, Inc. (I) 16,824 191,457
Laboratory Corp. of America Holdings (I) (L) 36,845 3,407,057
Landauer, Inc. 2,995 178,861
LHC Group, Inc. (I) 5,060 93,458
LifePoint Hospitals, Inc. (I) 24,634 1,053,843
Magellan Health Services, Inc. (I) 8,613 444,517
McKesson Corp. 90,246 7,763,863
Medipal Holdings Corp. 27,565 378,627
MEDNAX, Inc. (I) 25,047 1,864,749
Metropolitan Health Networks, Inc. (I) 14,178 132,423
Miraca Holdings, Inc. 10,417 467,473
Molina Healthcare, Inc. (I) 9,498 238,875
MWI Veterinary Supply, Inc. (I) (L) 4,092 436,535
National Healthcare Corp. 3,291 157,112
National Research Corp. 650 32,676
Omnicare, Inc. (L) 56,193 1,908,876
Owens & Minor, Inc. (L) 51,969 1,552,834
Patterson Companies, Inc. 32,026 1,096,570
PDI, Inc. (I) 3,760 29,967
PharMerica Corp. (I) 9,305 117,801
PSS World Medical, Inc. (I) (L) 16,007 364,639
Quest Diagnostics, Inc. (L) 60,465 3,835,295
Ramsay Health Care, Ltd. 24,729 614,717
Select Medical Holdings Corp. (I) (L) 11,073 124,350
Skilled Healthcare Group, Inc., Class A (I) (L) 6,461 41,544
Sonic Healthcare, Ltd. 69,920 982,570
Sun Healthcare Group, Inc. (I) 8,330 70,513
Sunrise Senior Living, Inc. (I) (L) 18,573 265,037
Suzuken Company, Ltd. 13,241 439,269
Team Health Holdings, Inc. (I) 9,100 246,883
Tenet Healthcare Corp. (I) 157,513 987,607
The Ensign Group, Inc. 5,475 167,562
The Providence Service Corp. (I) 4,351 56,519
Triple-S Management Corp., Class B (I) 6,097 127,427
UnitedHealth Group, Inc. 394,325 21,849,548
Universal American Corp. (I) 11,975 110,649
Universal Health Services, Inc., Class B 44,416 2,031,144
US Physical Therapy, Inc. 3,794 104,828
Vanguard Health Systems, Inc. (I) 10,202 126,199
VCA Antech, Inc. (I) (L) 44,204 872,145
WellCare Health Plans, Inc. (I) 35,384 2,000,965
WellPoint, Inc. 124,288 7,209,947
 
    135,346,785
Health Care Technology - 0.1%    
Allscripts Healthcare Solutions, Inc. (I) 86,258 1,072,187
athenahealth, Inc. (I) (L) 11,416 1,047,646
Cerner Corp. (I) (L) 55,796 4,319,168
Computer Programs & Systems, Inc. 3,485 193,592
Epocrates, Inc. (I) 6,351 73,989
Greenway Medical Technologies, Inc. (I) (L) 2,568 43,913
HealthStream, Inc. (I) (L) 6,277 178,643
MedAssets, Inc. (I) 18,714 333,109
Medidata Solutions, Inc. (I) 7,072 293,488
Merge Healthcare, Inc. (I) (L) 18,914 72,441
Omnicell, Inc. (I) 10,669 148,299
Quality Systems, Inc. (L) 12,524 232,320
Vocera Communications, Inc. (I) 2,241 69,269
 
    8,078,064
Life Sciences Tools & Services - 0.4%    
Affymetrix, Inc. (I) (L) 22,509 97,464

 

343

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Strategic Equity Allocation Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Life Sciences Tools & Services (continued)    
Agilent Technologies, Inc. 133,582 $ 5,136,228
BG Medicine, Inc. (I) 1,028 3,783
Bio-Rad Laboratories, Inc., Class A (I) 10,118 1,079,793
Cambrex Corp. (I) 9,844 115,470
Charles River    
Laboratories International, Inc. (I) 24,486 969,646
Covance, Inc. (I) 27,714 1,293,967
Fluidigm Corp. (I) (L) 6,718 114,206
Furiex Pharmaceuticals, Inc. (I) 2,569 49,017
Harvard Bioscience, Inc. (I) 8,971 37,947
Life Technologies Corp. (I) 67,028 3,276,329
Lonza Group AG (I) 9,963 522,024
Luminex Corp. (I) (L) 13,305 258,649
Mettler-Toledo International, Inc. (I) (L) 15,628 2,668,325
Pacific Biosciences of California, Inc. (I) 5,240 9,589
PAREXEL International Corp. (I) 19,077 586,809
PerkinElmer, Inc. (L) 43,348 1,277,466
QIAGEN NV (I) 44,623 821,144
Sequenom, Inc. (I) (L) 36,609 129,230
Techne Corp. 17,439 1,254,562
Thermo Fisher Scientific, Inc. 139,896 8,230,082
Waters Corp. (I) 33,287 2,773,806
 
    30,705,536
Pharmaceuticals - 6.1%    
Abbott Laboratories 599,381 41,093,561
Akorn, Inc. (I) (L) 18,313 242,098
Allergan, Inc. 117,687 10,777,775
Ampio Pharmaceuticals, Inc. (I) (L) 7,472 29,141
Astellas Pharma, Inc. (L) 83,718 4,252,101
AstraZeneca PLC 237,788 11,359,847
Auxilium Pharmaceuticals, Inc. (I) 15,499 379,106
AVANIR Pharmaceuticals, Inc., Class A (I) 43,444 139,021
Bayer AG 155,642 13,391,738
BioDelivery Sciences International, Inc. (I) 7,048 44,543
Bristol-Myers Squibb Company 641,308 21,644,145
Cadence Pharmaceuticals, Inc. (I) 19,776 77,522
Chugai Pharmaceutical Company, Ltd. 42,062 880,796
Corcept Therapeutics, Inc. (I) 14,132 39,428
Daiichi Sankyo Company, Ltd. (L) 126,757 2,094,556
Dainippon Sumitomo    
Pharma Company, Ltd. (L) 29,892 328,517
Depomed, Inc. (I) 18,339 108,383
Eisai Company, Ltd. (L) 47,421 2,134,282
Elan Corp. PLC (I) 90,461 974,436
Elan Corp. PLC (European    
Composite Exchange) (I) 4,208 45,369
Eli Lilly & Company 390,067 18,493,076
Endo Health Solutions, Inc. (I) 58,871 1,867,388
Endocyte, Inc. (I) 9,601 95,722
Forest Laboratories, Inc. (I) 89,486 3,186,596
Forest Laboratories, Inc.    
(German Exchange) (I) 4,082 2,368
GlaxoSmithKline PLC 944,107 21,778,460
Hi-Tech Pharmacal Company, Inc. (I) 3,512 116,282
Hisamitsu Pharmaceutical Company, Inc. (L) 11,684 644,728
Horizon Pharma, Inc. (I) (L) 6,946 24,103
Hospira, Inc. (I) 62,967 2,066,577
Impax Laboratories, Inc. (I) 21,437 556,505
Indevus Pharmaceuticals, Inc. (I) 20,441 0
Jazz Pharmaceuticals PLC (I) 13,242 754,926
Johnson & Johnson 1,052,845 72,551,549
Kyowa Hakko Kogyo Company, Ltd. 48,683 588,040
MAP Pharmaceuticals, Inc. (I) 8,084 125,868
Medicis Pharmaceutical Corp., Class A 48,394 2,094,008

 

Strategic Equity Allocation Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Pharmaceuticals (continued)    
Merck & Company, Inc. 1,163,156 $ 52,458,336
Merck KGaA 12,167 1,501,685
Mitsubishi Tanabe Pharma Corp. 42,334 643,798
Mylan, Inc. (I) 154,649 3,773,436
Nektar Therapeutics (I) (L) 36,899 394,081
Novartis AG 432,939 26,498,637
Novo Nordisk A/S 76,653 12,098,453
Obagi Medical Products, Inc. (I) 6,244 77,488
Omeros Corp. (I) 7,237 68,028
Ono Pharmaceutical Company, Ltd. 15,481 951,648
Optimer Pharmaceuticals, Inc. (I) (L) 15,011 211,955
Orion OYJ, Series B 18,174 389,393
Otsuka Holdings Company, Ltd. 68,254 2,116,289
Pacira Pharmaceuticals, Inc. (I) 6,079 105,775
Pain Therapeutics, Inc. (I) 12,586 63,559
Par Pharmaceutical Companies, Inc. (I) 11,754 587,465
Perrigo Company (L) 33,567 3,899,478
Pfizer, Inc. 2,852,611 70,887,383
Pozen, Inc. (I) (L) 8,898 58,994
Questcor Pharmaceuticals, Inc. (I) (L) 17,135 316,998
Repros Therapeutics, Inc. (I) 5,171 78,754
Roche Holdings AG 132,230 24,701,283
Sagent Pharmaceuticals, Inc. (I) (L) 2,935 46,813
Sanofi 223,755 19,115,217
Santarus, Inc. (I) 17,587 156,173
Santen Pharmaceutical Company, Ltd. 13,923 639,377
Sciclone Pharmaceuticals, Inc. (I) (L) 18,250 101,288
Shionogi & Company, Ltd. 56,159 855,245
Shire PLC 105,875 3,133,835
Supernus Pharmaceuticals, Inc. (I) (L) 300 3,465
Taisho Pharmaceutical    
Holdings Company, Ltd. 6,816 555,134
Takeda Pharmaceutical Company, Ltd. (L) 148,568 6,839,578
Teva Pharmaceutical Industries, Ltd. 177,443 7,346,036
The Medicines Company (I) 17,686 456,476
Transcept Pharmaceuticals, Inc. (I) 1,857 9,861
Tsumura & Company, Ltd. 11,292 353,632
UCB SA 20,715 1,139,976
Ventrus Biosciences, Inc. (I) 4,363 15,620
ViroPharma, Inc. (I) (L) 22,160 669,675
Vivus, Inc. (I) (L) 31,791 566,516
Watson Pharmaceuticals, Inc. (I) 48,554 4,134,859
XenoPort, Inc. (I) 11,744 134,586
Zogenix, Inc. (I) (L) 13,040 34,686
 
    483,173,525
 
    900,041,904
Industrials - 11.0%    
Aerospace & Defense - 1.8%    
AAR Corp. 12,894 211,719
Aerovironment, Inc. (I) 5,553 130,329
Alliant Techsystems, Inc. 16,439 823,758
American Science & Engineering, Inc. 2,825 185,348
API Technologies Corp. (I) 11,534 33,103
Astronics Corp. (I) 3,479 107,153
B/E Aerospace, Inc. (I) 52,366 2,204,609
BAE Systems PLC 611,212 3,217,649
Ceradyne, Inc. 7,783 190,139
Cobham PLC 203,093 728,728
Cubic Corp. 5,087 254,655
Curtiss-Wright Corp. 14,960 489,192
DigitalGlobe, Inc. (I) (L) 11,613 236,789
Esterline Technologies Corp. (I) 25,296 1,420,117

 

344

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Strategic Equity Allocation Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Aerospace & Defense (continued)    
European Aeronautic Defence &    
Space Company NV (L) 77,612 $ 2,467,400
Exelis, Inc. 94,088 972,870
Finmeccanica SpA (I) (L) 76,207 363,258
GenCorp, Inc. (I) (L) 19,525 185,292
General Dynamics Corp. 126,602 8,370,924
GeoEye, Inc. (I) (L) 4,825 127,525
HEICO Corp. 16,800 649,992
Hexcel Corp. (I) (L) 31,686 761,098
Honeywell International, Inc. 298,066 17,809,444
Huntington Ingalls Industries, Inc. (I) 24,938 1,048,643
Kratos Defense &    
Security Solutions, Inc. (I) (L) 13,010 75,978
L-3 Communications Holdings, Inc. 37,080 2,659,007
LMI Aerospace, Inc. (I) 3,112 63,609
Lockheed Martin Corp. 102,715 9,591,527
Meggitt PLC (I) 147,240 941,532
Moog, Inc., Class A (I) 14,383 544,684
National Presto Industries, Inc. (L) 1,532 111,652
Northrop Grumman Corp. 94,300 6,264,349
Orbital Sciences Corp. (I) 18,928 275,592
Precision Castparts Corp. 55,653 9,090,361
Raytheon Company (L) 126,976 7,257,948
Rockwell Collins, Inc. (L) 54,328 2,914,154
Rolls-Royce Holdings PLC (I) 352,415 4,809,535
Safran SA 43,146 1,555,246
Singapore Technologies Engineering, Ltd. 288,258 830,111
Taser International, Inc. (I) 18,051 108,848
Teledyne Technologies, Inc. (I) 11,712 742,424
Textron, Inc. (L) 106,827 2,795,663
Thales SA 17,122 589,658
The Boeing Company 258,401 17,989,878
The KEYW Holding Corp. (I) 6,203 77,538
Triumph Group, Inc. 25,147 1,572,442
United Technologies Corp. 320,313 25,077,305
Zodiac Aerospace 6,424 626,648
 
    139,555,423
Air Freight & Logistics - 0.6%    
Air Transport Services Group, Inc. (I) 17,233 75,825
Atlas Air Worldwide Holdings, Inc. (I) 8,408 434,105
C.H. Robinson Worldwide, Inc. (L) 61,962 3,627,875
Deutsche Post AG 159,286 3,114,129
Echo Global Logistics, Inc. (I) 4,771 81,823
Expeditors International of Washington, Inc. 80,845 2,939,524
FedEx Corp. 111,495 9,434,707
Forward Air Corp. 9,319 283,391
Hub Group, Inc., Class A (I) 11,816 350,699
Pacer International, Inc. (I) 11,769 46,841
Park-Ohio Holdings Corp. (I) 3,015 65,335
TNT Express NV 61,375 641,333
Toll Holdings, Ltd. 128,291 586,632
United Parcel Service, Inc., Class B 274,368 19,636,518
UTi Worldwide, Inc. 52,212 703,296
XPO Logistics, Inc. (I) (L) 5,685 69,584
Yamato Transport Company, Ltd. (L) 70,486 1,115,902
 
    43,207,519
Airlines - 0.1%    
Alaska Air Group, Inc. (I) 58,015 2,034,006
All Nippon Airways Company, Ltd. (L) 213,214 447,974
Allegiant Travel Company (I) (L) 4,749 300,897
Cathay Pacific Airways, Ltd. (I) 222,242 360,720
Deutsche Lufthansa AG 43,112 585,594
Hawaiian Holdings, Inc. (I) (L) 16,743 93,593

 

Strategic Equity Allocation Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Airlines (continued)    
International Consolidated    
Airlines Group SA (I) 174,696 $ 421,066
JetBlue Airways Corp. (I) (L) 188,154 901,258
Qantas Airways, Ltd. (I) 208,989 263,284
Republic Airways Holdings, Inc. (I) (L) 15,883 73,538
Ryanair Holdings PLC, ADR (I) 6,546 211,109
Singapore Airlines, Ltd. 96,728 845,223
Singapore Airlines, Ltd. (Board Lot 200) 4,697 40,934
SkyWest, Inc. 16,368 169,081
Southwest Airlines Company (L) 284,516 2,495,205
Spirit Airlines, Inc. (I) 13,242 226,173
US Airways Group, Inc. (I) (L) 51,638 540,133
 
    10,009,788
Building Products - 0.2%    
AAON, Inc. (L) 6,009 118,317
Ameresco, Inc., Class A (I) 6,508 76,859
American Woodmark Corp. (I) 3,179 63,485
AO Smith Corp. 12,351 710,677
Apogee Enterprises, Inc. 9,076 178,071
Asahi Glass Company, Ltd. 189,889 1,264,145
Assa Abloy AB, Series B 62,398 2,025,218
Builders FirstSource, Inc. (I) (L) 14,482 75,162
Cie de Saint-Gobain 74,255 2,617,483
Daikin Industries, Ltd. (L) 44,110 1,142,628
Fortune Brands Home & Security, Inc. (I) 80,936 2,186,081
Geberit AG (I) 7,120 1,551,233
Gibraltar Industries, Inc. (I) 9,840 126,149
Griffon Corp. (L) 14,434 148,670
Insteel Industries, Inc. (L) 5,938 69,653
Lennox International, Inc. 23,384 1,130,850
LIXIL Group Corp. 50,050 1,193,660
Masco Corp. 136,171 2,049,374
NCI Building Systems, Inc. (I) 6,198 62,166
Nortek, Inc. (I) 2,487 136,114
Patrick Industries, Inc. (I) 292 4,517
Quanex Building Products Corp. 11,644 219,373
Simpson Manufacturing Company, Inc. 12,714 363,875
TOTO, Ltd. 52,481 385,800
Trex Company, Inc. (I) 4,456 152,039
Universal Forest Products, Inc. 6,276 260,705
USG Corp. (I) (L) 23,611 518,261
 
    18,830,565
Commercial Services & Supplies - 0.8%    
A.T. Cross Company, Class A (I) 3,297 32,871
ABM Industries, Inc. 17,082 323,362
ACCO Brands Corp. (I) 36,018 233,757
Acorn Energy, Inc. (L) 6,114 54,537
Aggreko PLC 50,487 1,890,676
American Reprographics Company (I) 11,954 51,044
Asset Acceptance Capital Corp. (I) 5,482 40,896
Asta Funding, Inc. (L) 4,173 39,184
Avery Dennison Corp. (L) 39,446 1,255,172
Babcock International Group PLC 67,620 1,013,909
Brambles, Ltd. 292,551 2,122,291
Casella Waste Systems, Inc., Class A (I) 9,224 39,479
Cenveo, Inc. (I) (L) 18,275 41,850
Cintas Corp. (L) 40,878 1,694,393
Clean Harbors, Inc. (I) 23,917 1,168,345
Consolidated Graphics, Inc. (I) 2,575 67,182
Copart, Inc. (I) 54,440 1,509,621
Corrections Corp. of America 50,389 1,685,512
Courier Corp. 3,584 43,796
Dai Nippon Printing Company, Ltd. (L) 105,165 732,671

 

345

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Strategic Equity Allocation Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Commercial Services & Supplies (continued)    
Deluxe Corp. (L) 41,684 $ 1,273,863
Edenred 31,897 897,851
Encore Capital Group, Inc. (I) 7,029 198,640
EnergySolutions, Inc. (I) 25,498 69,610
EnerNOC, Inc. (I) 7,767 100,816
Ennis, Inc. 8,323 136,580
G&K Services, Inc., Class A 5,995 187,703
G4S PLC 265,607 1,141,602
Healthcare Services Group, Inc. (L) 21,333 487,886
Heritage-Crystal Clean, Inc. (I) 2,449 48,613
Herman Miller, Inc. 47,902 931,215
HNI Corp. (L) 37,180 948,462
InnerWorkings, Inc. (I) (L) 10,321 134,379
Interface, Inc. 18,602 245,732
Intersections, Inc. 3,081 32,474
Iron Mountain, Inc. 57,742 1,969,580
Kimball International, Inc., Class B 10,622 129,801
Knoll, Inc. 15,165 211,552
McGrath RentCorp. 7,864 205,172
Metalico, Inc. (I) (L) 13,496 34,550
Mine Safety Appliances Company 24,394 909,164
Mobile Mini, Inc. (I) 12,239 204,514
Multi-Color Corp. 4,469 103,502
NL Industries, Inc. 1,952 22,428
Pitney Bowes, Inc. (L) 76,209 1,053,208
Portfolio Recovery Associates, Inc. (I) (L) 5,464 570,606
Quad/Graphics, Inc. (L) 8,087 137,156
R.R. Donnelley & Sons Company (L) 68,611 727,277
Republic Services, Inc. 114,292 3,144,173
Rollins, Inc. 33,108 774,396
Schawk, Inc. 3,908 50,999
Secom Company, Ltd. (L) 39,533 2,060,792
Securitas AB, Series B 58,955 443,707
Serco Group PLC 93,802 880,438
Societe BIC SA 5,388 651,882
Standard Parking Corp. (I) 5,104 114,483
Steelcase, Inc., Class A (L) 24,002 236,420
Stericycle, Inc. (I) (L) 32,925 2,980,371
Swisher Hygiene, Inc. (I) 35,573 49,091
Sykes Enterprises, Inc. (I) 12,484 167,785
Team, Inc. (I) 6,359 202,534
Tetra Tech, Inc. (I) 20,077 527,222
The Brink’s Company 39,039 1,002,912
The Geo Group, Inc. 19,539 540,644
TMS International Corp., Class A (I) 4,352 43,085
Toppan Printing Company, Ltd. (L) 105,165 610,049
TRC Companies, Inc. (I) 5,436 40,879
Tyco International, Ltd. 175,443 9,870,423
UniFirst Corp. 4,610 307,902
United Stationers, Inc. (L) 12,858 334,565
US Ecology, Inc. 5,934 128,056
Viad Corp. 6,492 135,423
Waste Connections, Inc. (L) 62,046 1,876,892
Waste Management, Inc. (L) 165,995 5,325,120
 
    59,654,727
Construction & Engineering - 0.4%    
ACS Actividades de Construccion    
y Servicios SA (L) 26,663 551,531
AECOM Technology Corp. (I) 56,943 1,204,914
Aegion Corp. (I) 12,598 241,378
Argan, Inc. 3,539 61,756
Balfour Beatty PLC 129,468 636,711
Bouygues SA 35,572 871,161
Chiyoda Corp. 29,214 454,103

 

Strategic Equity Allocation Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Construction & Engineering (continued)    
Comfort Systems USA, Inc. 12,158 $ 132,887
Dycom Industries, Inc. (I) 10,690 153,722
EMCOR Group, Inc. 21,200 605,048
Ferrovial SA 75,960 990,778
Fluor Corp. 63,602 3,579,521
Furmanite Corp. (I) 12,375 70,290
Granite Construction, Inc. (L) 30,227 868,119
Great Lakes Dredge & Dock Corp. (L) 19,215 147,956
Hochtief AG (I) 5,797 272,099
Jacobs Engineering Group, Inc. (I) 49,202 1,989,237
JGC Corp. (L) 38,936 1,298,910
Kajima Corp. 158,724 432,979
KBR, Inc. 74,167 2,211,660
Kinden Corp. 24,739 155,876
Koninklijke Boskalis Westinster NV 13,611 493,420
Layne Christensen Company (I) 6,366 124,837
Leighton Holdings, Ltd. 28,563 489,369
MasTec, Inc. (I) 18,528 365,002
Michael Baker Corp. (I) 2,823 67,357
MYR Group, Inc. (I) 6,644 132,548
Northwest Pipe Company (I) 3,089 76,144
Obayashi Corp. 121,710 554,952
Orion Marine Group, Inc. (I) 9,094 67,568
Pike Electric Corp. (I) 5,676 45,124
Primoris Services Corp. 9,620 125,541
Quanta Services, Inc. (I) 81,244 2,006,727
Shimizu Corp. 110,988 373,849
Skanska AB, Series B 71,547 1,160,482
Sterling Construction Company, Inc. (I) 5,610 55,988
Taisei Corp. (L) 192,788 553,172
The Shaw Group, Inc. (I) 33,241 1,449,972
Tutor Perini Corp. (I) 11,413 130,565
URS Corp. 38,706 1,366,709
Vinci SA 86,596 3,700,940
 
    30,270,902
Electrical Equipment - 0.8%    
A123 Systems, Inc. (I) 35,823 8,956
ABB, Ltd. (I) 413,903 7,781,144
Acuity Brands, Inc. 34,775 2,200,910
Alstom SA 38,780 1,364,926
American Superconductor Corp. (I) 12,536 52,024
AMETEK, Inc. 122,158 4,330,501
AZZ, Inc. 8,104 307,790
Belden, Inc. 14,492 534,465
Brady Corp., Class A 15,514 454,250
Capstone Turbine Corp. (I) (L) 96,881 96,881
Cooper Industries PLC 61,242 4,596,825
Emerson Electric Company 277,908 13,414,619
Encore Wire Corp. 6,065 177,462
EnerSys, Inc. (I) 15,244 537,961
Franklin Electric Company, Inc. 7,495 453,373
FuelCell Energy, Inc. (I) (L) 49,939 43,946
Fuji Electric Company, Ltd. 105,165 214,073
Furukawa Electric Company, Ltd. (I) 119,407 224,328
Generac Holdings, Inc. 7,873 180,213
General Cable Corp. (I) (L) 25,063 736,351
Global Power Equipment Group, Inc. 5,527 102,194
GS Yuasa Corp. (L) 66,228 275,812
Hubbell, Inc., Class B 26,907 2,172,471
II-VI, Inc. (I) (L) 16,716 317,938
Legrand SA 44,601 1,685,788
LSI Industries, Inc. 6,726 45,333
Mabuchi Motor Company, Ltd. 4,477 204,690
Mitsubishi Electric Corp. 363,210 2,674,749

 

346

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Strategic Equity Allocation Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Electrical Equipment (continued)    
Nidec Corp. (L) 20,446 $ 1,494,945
Powell Industries, Inc. (I) 2,897 112,027
Preformed Line Products Company 811 44,045
Prysmian SpA 38,357 686,665
Regal-Beloit Corp. 20,990 1,479,375
Rockwell Automation, Inc. (L) 53,688 3,734,000
Roper Industries, Inc. 37,555 4,126,919
Schneider Electric SA 98,155 5,829,959
Sumitomo Electric Industries, Ltd. (L) 142,022 1,500,072
Thermon Group Holdings, Inc. (I) 4,842 121,002
Ushio, Inc. 19,667 236,230
Vicor Corp. (I) 6,566 43,795
 
    64,599,007
Industrial Conglomerates - 2.0%    
3M Company 242,869 22,445,953
Carlisle Companies, Inc. 31,522 1,636,622
Danaher Corp. 223,055 12,301,483
Delek Group, Ltd. 859 143,466
Fraser and Neave, Ltd. (I) 173,344 1,250,618
General Electric Company 4,032,679 91,582,140
Hopewell Holdings, Ltd. 106,615 366,876
Hutchison Whampoa, Ltd. 401,198 3,867,060
Keppel Corp., Ltd. 270,505 2,499,660
Koninklijke Philips Electronics NV 195,655 4,574,917
NWS Holdings, Ltd. 269,599 434,452
Orkla ASA 145,106 1,103,591
Raven Industries, Inc. 11,542 339,681
Seaboard Corp. (I) 96 216,972
SembCorp Industries, Ltd. 185,016 851,851
Siemens AG 154,861 15,464,708
Smiths Group PLC 73,846 1,238,460
Standex International Corp. 4,042 179,667
 
    160,498,177
Machinery - 2.4%    
Accuride Corp. (I) 15,234 70,990
Actuant Corp., Class A (L) 21,666 620,081
AGCO Corp. (I) 48,960 2,324,621
Alamo Group, Inc. 2,226 75,194
Albany International Corp., Class A (L) 8,811 193,578
Alfa Laval AB 63,189 1,149,236
Altra Holdings, Inc. (L) 8,685 158,067
Amada Company, Ltd. 67,177 294,112
American Railcar Industries, Inc. (I) 3,079 87,259
Ampco-Pittsburgh Corp. 2,879 53,118
Andritz AG 13,708 778,218
Astec Industries, Inc. (I) 6,348 200,660
Atlas Copco AB, Series A 126,377 2,960,735
Atlas Copco AB, Series B 73,415 1,541,285
Barnes Group, Inc. (L) 17,272 431,973
Blount International, Inc. (I) 15,638 205,796
Briggs & Stratton Corp. (L) 15,458 288,601
Cascade Corp. 2,924 160,060
Caterpillar, Inc. 249,535 21,469,991
Chart Industries, Inc. (I) (L) 9,524 703,347
CIRCOR International, Inc. 5,539 209,097
CLARCOR, Inc. (L) 41,158 1,836,882
Columbus McKinnon Corp. (I) 6,288 95,012
Commercial Vehicle Group, Inc. (I) 7,932 58,300
Cosco Corp. Singapore, Ltd. 190,629 149,191
Crane Company 24,259 968,662
Cummins, Inc. 67,727 6,245,107
Deere & Company (L) 149,588 12,339,514
Donaldson Company, Inc. 69,002 2,395,059

 

Strategic Equity Allocation Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Machinery (continued)    
Douglas Dynamics, Inc. (L) 7,210 $ 106,636
Dover Corp. 69,962 4,162,039
Dynamic Materials Corp. 4,472 67,169
Eaton Corp. (L) 128,660 6,080,472
Energy Recovery, Inc. (I) 15,215 45,036
EnPro Industries, Inc. (I) 6,585 237,126
ESCO Technologies, Inc. 8,498 330,147
FANUC Corp. 36,027 5,802,385
Federal Signal Corp. (I) 20,041 126,659
Fiat Industrial SpA 161,006 1,579,365
Flow International Corp. (I) 16,025 59,293
Flowserve Corp. (L) 19,477 2,487,992
FreightCar America, Inc. 3,886 69,132
Gardner Denver, Inc. 24,660 1,489,711
GEA Group AG 32,879 996,242
Graco, Inc. 30,477 1,532,384
Graham Corp. 3,320 59,992
Greenbrier Companies, Inc. (I) (L) 7,313 118,032
Hardinge, Inc. 4,111 42,138
Harsco Corp. 40,573 832,964
Hino Motors, Ltd. 48,683 318,519
Hitachi Construction    
Machinery Company, Ltd. (L) 20,252 327,475
Hurco Companies, Inc. (I) 2,205 50,450
IDEX Corp. 41,989 1,753,881
IHI Corp. 248,295 553,152
Illinois Tool Works, Inc. (L) 164,744 9,797,326
IMI PLC 60,459 881,364
Ingersoll-Rand PLC 109,662 4,915,051
Invensys PLC 153,046 579,979
ITT Corp. (L) 46,532 937,620
John Bean Technologies Corp. 9,236 150,824
Joy Global, Inc. 40,349 2,261,965
JTEKT Corp. 41,944 331,339
Kadant, Inc. (I) 3,774 87,519
Kawasaki Heavy Industries, Ltd. 266,790 529,395
Kaydon Corp. 10,186 227,555
Kennametal, Inc. 40,341 1,495,844
Komatsu, Ltd. 175,814 3,458,995
Kone OYJ 29,296 2,031,717
Kubota Corp. 205,390 2,077,650
Kurita Water Industries, Ltd. 21,227 470,040
LB Foster Company, Class A 2,974 96,179
Lincoln Electric Holdings, Inc. 42,069 1,642,794
Lindsay Corp. 4,021 289,391
Lydall, Inc. (I) 5,541 78,073
Makita Corp. 21,029 815,648
MAN SE 7,963 729,904
Melrose PLC 226,519 887,134
Meritor, Inc. (I) 31,097 131,851
Met-Pro Corp. 4,989 44,652
Metso OYJ (I) 24,064 864,523
Middleby Corp. (I) 5,967 690,024
Miller Industries, Inc. 3,869 62,097
Mitsubishi Heavy Industries, Ltd. 571,336 2,472,892
Mueller Industries, Inc. (L) 8,589 390,542
Mueller Water Products, Inc., Class A 50,014 245,069
Nabtesco Corp. (L) 19,089 350,220
NGK Insulators, Ltd. 50,709 606,993
NN, Inc. (I) 5,547 47,094
Nordson Corp. 28,413 1,665,570
NSK, Ltd. 83,050 481,664
NTN Corp. (L) 84,830 170,490
Oshkosh Corp. (I) 46,155 1,266,032
PACCAR, Inc. (L) 134,775 5,394,369

 

347

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Strategic Equity Allocation Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Machinery (continued)    
Pall Corp. (L) 44,138 $ 2,802,322
Parker Hannifin Corp. 56,960 4,760,717
Pentair, Ltd. (L) 49,962 2,223,809
PMFG, Inc. (I) 6,906 55,870
Proto Labs, Inc. (I) 1,628 55,059
RBC Bearings, Inc. (I) 7,116 342,280
Rexnord Corp. (I) 9,247 168,480
Robbins & Myers, Inc. 12,223 728,491
Sandvik AB 188,859 2,573,307
Sauer-Danfoss, Inc. 3,733 150,104
Scania AB, Series B 60,261 1,109,407
Schindler Holding AG    
(Participation Certificates) 9,136 1,124,649
Schindler Holding AG (Registered Shares) 4,057 501,372
SembCorp Marine, Ltd. 156,774 632,015
SKF AB, B Shares 73,739 1,596,058
SMC Corp. (L) 10,125 1,631,005
Snap-on, Inc. 22,116 1,589,477
SPX Corp. 25,548 1,671,095
Stanley Black & Decker, Inc. 64,334 4,905,468
Sulzer AG 4,515 657,687
Sumitomo Heavy Industries, Ltd. 104,181 356,057
Sun Hydraulics Corp. 6,603 175,442
Tennant Company (L) 5,980 256,064
Terex Corp. (I) (L) 55,649 1,256,554
The Eastern Company 2,235 41,884
The Gorman-Rupp Company (L) 4,862 131,274
The Japan Steel Works, Ltd. 59,405 330,840
The Weir Group PLC 39,996 1,145,462
THK Company, Ltd. 22,688 345,717
Timken Company 40,685 1,511,855
Titan International, Inc. (L) 13,414 236,891
Trimas Corp. (I) 10,286 247,995
Trinity Industries, Inc. 39,781 1,192,237
Twin Disc, Inc. (L) 2,774 49,655
Vallourec SA 19,435 824,948
Valmont Industries, Inc. (L) 11,789 1,550,254
Volvo AB, Series B 261,951 3,688,346
Wabash National Corp. (I) 21,884 156,033
Wabtec Corp. 24,146 1,938,682
Wartsila OYJ 31,569 1,097,135
Watts Water Technologies, Inc., Class A 9,405 355,791
Woodward, Inc. (L) 52,478 1,783,202
Xylem, Inc. 70,735 1,778,985
Yangzijiang Shipbuilding Holdings, Ltd. (L) 362,001 287,423
Zardoya Otis SA (L) 29,037 341,885
 
    187,308,808
Marine - 0.1%    
A P Moller Maersk A/S 102 692,150
A P Moller Maersk A/S, Series A 247 1,770,453
Eagle Bulk Shipping, Inc. (I) 289 1,043
Genco Shipping & Trading, Ltd. (I) 10,650 39,192
International Shipholding Corp. 1,942 32,762
Kawasaki Kisen Kaisha, Ltd. (I) (L) 167,525 210,161
Kirby Corp. (I) 28,134 1,555,248
Kuehne & Nagel International AG 10,168 1,150,545
Matson, Inc. (L) 21,368 446,805
Mitsui O.S.K. Lines, Ltd. (L) 204,441 476,296
Neptune Orient Lines, Ltd. (I) 170,420 156,233
Nippon Yusen KK (L) 303,713 536,581
Orient Overseas International, Ltd. 41,386 227,210
Rand Logistics, Inc. (I) 5,898 44,412
 
    7,339,091

 

Strategic Equity Allocation Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Professional Services - 0.3%    
Acacia Research Corp. (I) 15,828 $ 433,845
Adecco SA (I) 24,913 1,189,246
ALS, Ltd. 63,548 562,317
Barrett Business Services, Inc. 2,349 63,658
Bureau Veritas SA 10,395 1,066,955
Capita PLC 122,986 1,540,929
CBIZ, Inc. (I) (L) 12,576 75,708
CDI Corp. 4,391 74,779
CRA International, Inc. (I) 3,389 58,562
Equifax, Inc. 45,820 2,134,296
Experian PLC 189,934 3,160,615
Exponent, Inc. (I) 4,291 244,973
Franklin Covey Company (I) 4,996 59,952
FTI Consulting, Inc. (I) (L) 34,519 920,967
GP Strategies Corp. (I) 4,827 93,258
Heidrick & Struggles International, Inc. 5,800 73,892
Hill International, Inc. (I) 1,145 4,992
Hudson Global, Inc. (I) (L) 11,046 49,265
Huron Consulting Group, Inc. (I) 7,372 256,693
ICF International, Inc. (I) 6,404 128,720
Insperity, Inc. 7,173 180,975
Intertek Group PLC 30,259 1,341,368
Kelly Services, Inc., Class A 8,529 107,465
Kforce, Inc. (I) 9,168 108,091
Korn/Ferry International (I) 39,507 605,642
Manpower, Inc. 39,929 1,469,387
Mistras Group, Inc. (I) 5,019 116,441
Navigant Consulting Company (I) 16,523 182,579
Odyssey Marine Exploration, Inc. (I) (L) 24,089 76,121
On Assignment, Inc. (I) 13,697 272,844
Pendrell Corp. (I) 50,290 56,828
Randstad Holdings NV 22,667 755,442
Resources Connection, Inc. 13,555 177,706
Robert Half International, Inc. (L) 54,422 1,449,258
RPX Corp. (I) 6,743 75,589
SGS SA 1,030 2,115,678
The Advisory Board Company (I) (L) 9,058 433,244
The Corporate Executive Board Company 27,552 1,477,614
The Dolan Company (I) 10,504 56,512
The Dun & Bradstreet Corp. (L) 17,163 1,366,518
Towers Watson & Company, Class A 28,810 1,528,371
TrueBlue, Inc. (I) 12,829 201,672
VSE Corp. 1,528 37,421
WageWorks, Inc. (I) 2,020 35,249
 
    26,421,637
Road & Rail - 0.9%    
Amerco, Inc. 2,759 293,447
Arkansas Best Corp. 8,220 65,102
Asciano, Ltd. 183,654 824,866
Avis Budget Group, Inc. (I) (L) 33,815 520,075
Celadon Group, Inc. 6,587 105,853
Central Japan Railway Company, Ltd. 27,071 2,374,633
ComfortDelGro Corp., Ltd. 353,723 493,560
Con-way, Inc. 28,169 770,986
CSX Corp. 397,970 8,257,878
Dollar Thrifty Automotive Group, Inc. (I) 8,922 775,589
DSV A/S, ADR 35,776 805,038
East Japan Railway Company (L) 64,050 4,241,819
Genesee & Wyoming, Inc., Class A (I) (L) 12,835 858,148
Hankyu Hanshin Holdings, Inc. 216,018 1,165,903
Heartland Express, Inc. (L) 15,256 203,820
J.B. Hunt Transport Services, Inc. (L) 45,588 2,372,400
Kansas City Southern 55,402 4,198,364
Keikyu Corp. (L) 88,620 835,598

 

348

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Strategic Equity Allocation Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Road & Rail (continued)    
Keio Corp. (L) 109,064 $ 821,500
Keisei Electric Railway Company, Ltd. 51,607 466,064
Kintetsu Corp. (L) 305,753 1,198,482
Knight Transportation, Inc. (L) 18,288 261,518
Landstar System, Inc. 23,463 1,109,331
Marten Transport, Ltd. 5,129 90,117
MTR Corp., Ltd. 272,273 1,032,040
Nippon Express Company, Ltd. 159,698 605,456
Norfolk Southern Corp. 121,963 7,760,506
Odakyu Electric Railway Company, Ltd. (L) 117,811 1,239,109
Old Dominion Freight Line, Inc. (I) 22,651 683,154
QR National, Ltd. 321,631 1,133,611
Quality Distribution, Inc. (I) 6,984 64,602
RailAmerica, Inc. (I) 6,041 165,946
Roadrunner Transportation Systems, Inc. (I) 4,159 67,293
Ryder Systems, Inc. 19,516 762,295
Saia, Inc. (I) 5,193 104,587
Swift Transportation Company (I) 25,190 217,138
Tobu Railway Company, Ltd. 191,814 1,032,010
Tokyu Corp. 214,232 1,023,716
Union Pacific Corp. 180,802 21,461,197
Universal Truckload Services, Inc. 1,953 31,189
Werner Enterprises, Inc. (L) 36,463 779,214
West Japan Railway Company 31,936 1,362,694
Zipcar, Inc. (I) (L) 8,549 66,511
 
    72,702,359
Trading Companies & Distributors - 0.5%    
Aceto Corp. 8,950 84,578
Aircastle, Ltd. 18,594 210,670
Applied Industrial Technologies, Inc. (L) 13,379 554,292
Beacon Roofing Supply, Inc. (I) (L) 14,948 426,018
Brenntag AG 9,692 1,242,271
Bunzl PLC 62,360 1,118,756
CAI International, Inc. (I) 4,202 86,225
DXP Enterprises, Inc. (I) 2,836 135,476
Edgen Group, Inc. (I) 5,341 41,393
Fastenal Company (L) 102,973 4,426,809
GATX Corp. (L) 23,611 1,002,051
H&E Equipment Services, Inc. 9,180 111,262
Houston Wire & Cable Company 5,912 63,613
ITOCHU Corp. (L) 283,390 2,870,643
Kaman Corp. (L) 8,476 303,949
Marubeni Corp. (L) 310,626 1,980,693
Mitsubishi Corp. (L) 264,595 4,806,960
Mitsui & Company, Ltd. (L) 327,011 4,597,402
MSC Industrial Direct    
Company, Inc., Class A (L) 23,378 1,577,080
Noble Group, Ltd. 726,010 779,459
Rexel SA 20,248 408,264
Rush Enterprises, Inc., Class A (I) 10,631 204,753
SeaCube Container Leasing, Ltd. (L) 3,585 67,219
Sojitz Corp. 235,551 304,661
Sumitomo Corp. (L) 211,841 2,856,495
TAL International Group, Inc. (L) 9,293 315,776
Textainer Group Holdings, Ltd. 3,871 118,259
Titan Machinery, Inc. (I) 5,389 109,289
Toyota Tsusho Corp. (L) 39,921 853,119
United Rentals, Inc. (I) (L) 46,688 1,527,164
W.W. Grainger, Inc. (L) 22,903 4,772,298
Watsco, Inc. (L) 24,238 1,836,998
Wolseley PLC 53,703 2,297,908
 
    42,091,803

 

Strategic Equity Allocation Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Transportation Infrastructure - 0.1%    
Abertis Infraestructuras SA 68,962 $ 1,017,639
Aeroports de Paris 5,585 445,975
Atlantia SpA 62,313 969,744
Auckland International Airport, Ltd. 174,400 378,797
Fraport AG Frankfurt Airport    
Services Worldwide 6,923 400,988
Groupe Eurotunnel SA 105,543 744,956
Hutchison Port Holdings Trust 983,997 713,599
Kamigumi Company, Ltd. 43,733 360,036
Koninklijke Vopak NV 13,236 930,778
Mitsubishi Logistics Corp. 23,472 279,236
Sydney Airport 70,026 228,991
Transurban Group 246,888 1,533,655
Veripos, Inc. (I) 5,503 15,356
Wesco Aircraft Holdings, Inc. (I) (L) 5,561 75,963
 
    8,095,713
 
    870,585,519
Information Technology - 15.5%    
Communications Equipment - 1.4%    
ADTRAN, Inc. (L) 52,004 898,629
Alcatel-Lucent (I) (L) 437,795 484,994
Anaren, Inc. (I) 4,835 96,652
Arris Group, Inc. (I) 35,884 458,956
Aruba Networks, Inc. (I) (L) 35,511 798,465
Aviat Networks, Inc. (I) 20,329 48,383
Aware, Inc. 616 3,881
Bel Fuse, Inc., Class B 3,546 66,239
Black Box Corp. 5,567 142,014
CalAmp Corp. (I) 9,378 76,993
Calix, Inc. (I) (L) 12,463 79,763
Ciena Corp. (I) 81,992 1,115,091
Cisco Systems, Inc. 2,020,525 38,571,822
Comtech Telecommunications Corp. (L) 6,000 165,840
Digi International, Inc. (I) 8,250 83,820
Emulex Corp. (I) 27,525 198,455
Extreme Networks, Inc. (I) 30,122 100,607
F5 Networks, Inc. (I) (L) 30,253 3,167,489
Finisar Corp. (I) (L) 28,950 413,985
Globecomm Systems, Inc. (I) (L) 7,427 82,811
Harmonic, Inc. (I) 37,366 169,642
Harris Corp. 43,305 2,218,082
Infinera Corp. (I) (L) 35,091 192,299
InterDigital, Inc. (L) 14,086 525,126
Ixia (I) 13,506 217,041
JDS Uniphase Corp. (I) 88,120 1,091,366
Juniper Networks, Inc. (I) 201,771 3,452,302
KVH Industries, Inc. (I) 5,047 68,084
Loral Space & Communications, Inc. 3,513 249,774
Motorola Solutions, Inc. 109,412 5,530,777
NETGEAR, Inc. (I) (L) 12,044 459,358
Nokia OYJ (L) 704,722 1,815,188
Numerex Corp., Class A (I) 3,673 41,615
Oclaro, Inc. (I) (L) 16,666 44,998
Oplink Communications, Inc. (I) 6,161 101,903
Parkervision, Inc. (I) 24,542 57,428
Plantronics, Inc. (L) 34,713 1,226,410
Polycom, Inc. (I) 89,106 879,476
Procera Networks, Inc. (I) (L) 6,169 144,972
QUALCOMM, Inc. 650,487 40,648,933
Riverbed Technology, Inc. (I) 77,690 1,807,846
ShoreTel, Inc. (I) 15,658 64,041
Sonus Networks, Inc. (I) 67,519 126,936
Sycamore Networks, Inc. (I) 6,532 100,593

 

349

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Strategic Equity Allocation Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Communications Equipment (continued)    
Symmetricom, Inc. (I) 13,733 $ 95,719
Telefonaktiebolaget LM Ericsson, B Shares 566,859 5,170,276
Tellabs, Inc. 289,913 1,026,292
Telular Corp. 5,816 57,578
Tessco Technologies, Inc. 1,887 39,948
Ubiquiti Networks, Inc. (I) (L) 3,475 41,353
ViaSat, Inc. (I) (L) 11,926 445,794
Westell Technologies, Inc., Class A (I) 16,146 34,552
 
    115,200,591
Computers & Peripherals - 3.9%    
3D Systems Corp. (I) (L) 13,745 451,523
Apple, Inc. 358,005 238,882,416
Avid Technology, Inc. (I) (L) 9,398 88,905
Cray, Inc. (I) 11,869 150,736
Datalink Corp. (I) 5,333 44,157
Dell, Inc. 557,122 5,493,223
Diebold, Inc. 31,831 1,073,023
Electronics for Imaging, Inc. (I) 14,781 245,512
EMC Corp. (I) 801,719 21,862,877
Fujitsu, Ltd. (L) 350,564 1,315,099
Gemalto NV 14,914 1,313,732
Hewlett-Packard Company 750,535 12,804,127
Imation Corp. (I) 9,994 55,866
Immersion Corp. (I) 8,923 48,809
Intermec, Inc. (I) 19,120 118,735
Intevac, Inc. (I) 7,506 45,862
Lexmark International, Inc., Class A (L) 27,075 602,419
NCR Corp. (I) 80,125 1,867,714
NEC Corp. (I) (L) 490,536 775,150
NetApp, Inc. (I) 138,281 4,546,679
OCZ Technology Group, Inc. (I) (L) 21,517 74,664
QLogic Corp. (I) 78,247 893,581
Quantum Corp. (I) 75,058 120,843
SanDisk Corp. (I) 91,752 3,984,789
Seagate Technology PLC 135,145 4,189,495
Seiko Epson Corp. (L) 24,461 146,426
Silicon Graphics International Corp. (I) (L) 10,271 93,466
STEC, Inc. (I) (L) 11,316 76,383
Stratasys, Inc. (I) (L) 6,780 368,832
Super Micro Computer, Inc. (I) 9,229 111,025
Synaptics, Inc. (I) (L) 10,693 256,846
Toshiba Corp. (L) 758,328 2,426,630
Western Digital Corp. 85,097 3,295,807
 
    307,825,351
Electronic Equipment, Instruments & Components - 0.8%  
Aeroflex Holding Corp. (I) 6,454 42,790
Agilysys, Inc. (I) 4,825 41,495
Amphenol Corp., Class A (L) 61,728 3,634,545
Anixter International, Inc. (L) 8,905 511,681
Arrow Electronics, Inc. (I) 54,810 1,847,645
Audience, Inc. (I) 2,061 12,778
Avnet, Inc. (I) 71,204 2,071,324
Badger Meter, Inc. (L) 4,626 168,340
Benchmark Electronics, Inc. (I) 18,253 278,723
Brightpoint, Inc. (I) 22,101 198,467
Checkpoint Systems, Inc. (I) 12,886 106,696
Citizen Holdings Company, Ltd. 49,539 250,317
Cognex Corp. 13,602 470,357
Coherent, Inc. (I) 7,514 344,592
Corning, Inc. 569,133 7,484,099
CTS Corp. 10,984 110,609
Daktronics, Inc. 11,611 110,421
DTS, Inc. (I) 6,422 149,493

 

Strategic Equity Allocation Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Electronic Equipment, Instruments &    
Components (continued)    
Echelon Corp. (I) 13,000 $ 49,920
Electro Rent Corp. 6,055 107,113
Electro Scientific Industries, Inc. 7,456 91,112
Fabrinet (I) 7,004 81,176
FARO Technologies, Inc. (I) (L) 5,410 223,541
FEI Company (L) 12,048 644,568
FLIR Systems, Inc. 58,692 1,172,373
Foxconn International Holdings, Ltd. (I) 412,762 135,195
FUJIFILM Holdings Corp. (L) 87,225 1,460,569
GSI Group, Inc. (I) 9,394 83,701
Hamamatsu Photonics KK 13,433 461,219
Hexagon AB 44,585 959,493
Hirose Electric Company, Ltd. (L) 5,636 627,933
Hitachi High-Technologies Corp. 11,684 281,698
Hitachi, Ltd. (L) 872,304 4,847,036
Hoya Corp. (L) 81,867 1,798,098
Ibiden Company, Ltd. 22,686 331,306
Ingram Micro, Inc., Class A (I) 75,575 1,151,007
Insight Enterprises, Inc. (I) 14,197 248,164
InvenSense, Inc. (I) (L) 11,617 138,823
Itron, Inc. (I) 19,850 856,528
Jabil Circuit, Inc. 71,645 1,341,194
KEMET Corp. (I) 14,438 63,527
Key Tronic Corp. (I) 3,649 36,198
Keyence Corp. 8,568 2,188,803
Kyocera Corp. (L) 28,822 2,494,686
Littelfuse, Inc. 6,889 389,504
Maxwell Technologies, Inc. (I) (L) 9,276 75,321
Measurement Specialties, Inc. (I) 4,877 160,843
Mercury Computer Systems, Inc. (I) 9,906 105,202
Mesa Laboratories, Inc. 958 46,348
Methode Electronics, Inc. 11,760 114,190
Molex, Inc. (L) 52,360 1,376,021
MTS Systems Corp. 5,088 272,462
Multi-Fineline Electronix, Inc. (I) 2,829 63,794
Murata Manufacturing Company, Ltd. 38,171 2,030,582
National Instruments Corp. 47,385 1,192,680
Neonode, Inc. (I) 7,636 28,788
Newport Corp. (I) 12,195 134,877
Nippon Electric Glass Company, Ltd. 70,975 389,280
Omron Corp. 38,269 734,935
OSI Systems, Inc. (I) 6,320 491,949
Park Electrochemical Corp. 6,589 163,605
PC Connection, Inc. 2,887 33,229
Plexus Corp. (I) 11,127 337,037
Power-One, Inc. (I) 21,321 119,398
Radisys Corp. (I) 7,800 28,080
RealD, Inc. (I) (L) 14,019 125,330
Richardson Electronics, Ltd. 4,805 57,035
Rofin-Sinar Technologies, Inc. (I) 9,109 179,721
Rogers Corp. (I) 5,143 217,857
Sanmina-SCI Corp. (I) 26,041 221,088
ScanSource, Inc. (I) (L) 8,762 280,559
Shimadzu Corp. 44,810 313,057
SYNNEX Corp. (I) (L) 8,322 271,131
TDK Corp. (L) 23,173 861,895
TE Connectivity, Ltd. 162,931 5,541,283
Tech Data Corp. (I) (L) 19,012 861,244
Trimble Navigation, Ltd. (I) (L) 63,311 3,017,402
TTM Technologies, Inc. (I) 16,978 160,103
Universal Display Corp. (I) (L) 12,634 434,357
Vishay Intertechnology, Inc. (I) (L) 66,397 652,683
Vishay Precision Group, Inc. (I) 4,216 58,940
Yaskawa Electric Corp. 39,910 266,860

 

350

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Strategic Equity Allocation Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Electronic Equipment, Instruments &    
Components (continued)    
Yokogawa Electric Corp. 37,974 $ 438,631
Zygo Corp. (I) 5,278 96,535
 
    62,053,189
Internet Software & Services - 1.7%    
Akamai Technologies, Inc. (I) 68,203 2,609,447
Ancestry.com, Inc. (I) (L) 9,218 277,277
Angie’s List, Inc. (I) 11,414 120,760
AOL, Inc. (I) (L) 45,173 1,591,445
Bankrate, Inc. (I) 14,750 229,805
Bazaarvoice, Inc. (I) (L) 3,021 45,768
Blucora, Inc. (I) 12,830 228,502
Brightcove, Inc. (I) 1,875 21,900
Carbonite, Inc. (I) (L) 4,029 28,243
comScore, Inc. (I) (L) 11,305 172,401
Constant Contact, Inc. (I) 9,720 169,128
Cornerstone OnDemand, Inc. (I) (L) 10,809 331,404
CoStar Group, Inc. (I) (L) 8,470 690,644
DealerTrack Holdings, Inc. (I) (L) 13,503 376,059
Demand Media, Inc. (I) (L) 9,601 104,363
Demandware, Inc. (I) (L) 2,195 69,691
Dena Company, Ltd. (L) 19,777 651,019
Dice Holdings, Inc. (I) (L) 14,629 123,176
Digital River, Inc. (I) 11,816 196,855
EarthLink, Inc. 34,044 242,393
eBay, Inc. (I) 442,853 21,438,514
Envestnet, Inc. (I) 6,812 79,700
Equinix, Inc. (I) (L) 24,268 5,000,421
ExactTarget, Inc. (I) 3,111 75,348
FriendFinder Networks, Inc. (I) (L) 3,045 2,619
Google, Inc., Class A (I) 101,151 76,318,430
Gree, Inc. (L) 17,528 319,362
Internap Network Services Corp. (I) 17,192 121,204
IntraLinks Holdings, Inc. (I) 11,453 74,903
Ipass, Inc. (I) 18,385 40,447
j2 Global, Inc. (L) 14,719 483,078
Keynote Systems, Inc. 5,271 76,324
KIT Digital, Inc. (I) (L) 15,230 45,690
Limelight Networks, Inc. (I) (L) 19,622 45,915
Liquidity Services, Inc. (I) (L) 7,510 377,077
LivePerson, Inc. (I) 17,611 318,935
LogMeIn, Inc. (I) (L) 7,046 158,042
Marchex, Inc., Class B 7,213 27,554
Market Leader, Inc. (I) 8,170 54,739
Millennial Media, Inc. (I) (L) 3,820 54,817
Monster Worldwide, Inc. (I) (L) 98,066 718,824
Move, Inc. (I) 12,730 109,733
NIC, Inc. (L) 20,710 306,508
OpenTable, Inc. (I) 7,183 298,813
Perficient, Inc. (I) 10,370 125,166
QuinStreet, Inc. (I) (L) 10,662 89,454
Rackspace Hosting, Inc. (I) (L) 54,633 3,610,695
RealNetworks, Inc. (I) 7,017 58,381
Responsys, Inc. (I) 11,456 117,195
Saba Software, Inc. (I) 9,575 95,654
SciQuest, Inc. (I) 5,810 105,742
SPS Commerce, Inc. (I) 3,491 134,299
Stamps.com, Inc. (I) 4,568 105,704
support.com, Inc. (I) 16,235 68,674
Synacor, Inc. (I) 2,290 17,358
TechTarget, Inc. (I) 5,321 31,447
The Active Network, Inc. (I) 12,420 155,623
Travelzoo, Inc. (I) (L) 2,261 53,292
United Internet AG 18,190 371,132

 

Strategic Equity Allocation Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Internet Software & Services (continued)    
United Online, Inc. 29,129 $ 160,792
Unwired Planet, Inc. (I) 27,898 53,564
ValueClick, Inc. (I) (L) 61,226 1,052,475
VeriSign, Inc. (I) (L) 60,134 2,927,924
VistaPrint NV (I) 11,732 400,648
Vocus, Inc. (I) 6,579 131,975
Web.com Group, Inc. (I) 11,225 201,489
WebMD Health Corp. (I) 16,133 226,346
XO Group, Inc. (I) 8,568 71,543
Yahoo Japan Corp. 2,739 1,042,935
Yahoo!, Inc. (I) 397,990 6,357,890
Yelp, Inc. (I) 2,731 73,874
Zix Corp. (I) 21,229 60,927
 
    132,729,475
IT Services - 2.8%    
Accenture PLC, Class A 242,360 16,972,471
Acxiom Corp. (I) 62,277 1,137,801
Alliance Data Systems Corp. (I) 25,123 3,566,210
Amadeus IT Holding SA, A Shares 58,927 1,375,778
AtoS 10,226 714,300
Automatic Data Processing, Inc. (L) 184,898 10,846,117
Broadridge Financial Solutions, Inc. 62,905 1,467,574
CACI International, Inc., Class A (I) (L) 8,447 437,470
Cap Gemini SA 27,864 1,183,051
Cardtronics, Inc. (I) 14,127 420,702
Cass Information Systems, Inc. 2,982 125,155
CIBER, Inc. (I) 23,573 81,798
Cognizant Technology    
Solutions Corp., Class A (I) 114,066 7,975,495
Computer Sciences Corp. 59,191 1,906,542
Computer Task Group, Inc. (I) 5,061 81,887
Computershare, Ltd. 83,701 717,985
Convergys Corp. (L) 93,686 1,468,060
CoreLogic, Inc. (I) 53,061 1,407,708
CSG Systems International, Inc. (I) 10,851 244,039
DST Systems, Inc. 15,441 873,343
EPAM Systems, Inc. (I) (L) 1,589 30,096
Euronet Worldwide, Inc. (I) (L) 16,273 305,770
ExlService Holdings, Inc. (I) 7,455 219,923
Fidelity National Information Services, Inc. 95,632 2,985,631
Fiserv, Inc. (I) 52,002 3,849,708
Forrester Research, Inc. 4,485 129,033
Gartner, Inc. (I) 47,055 2,168,765
Global Cash Access Holdings, Inc. (I) 21,170 170,419
Global Payments, Inc. 39,732 1,661,990
Heartland Payment Systems, Inc. 12,381 392,230
Higher One Holdings, Inc. (I) (L) 10,351 139,531
iGATE Corp. (I) (L) 10,392 188,823
Innodata, Inc. (I) 7,804 31,606
International Business Machines Corp. 410,191 85,094,123
Itochu Techno-Science Corp. 4,756 247,349
Jack Henry & Associates, Inc. (L) 43,391 1,644,519
Lender Processing Services, Inc. 42,657 1,189,704
Lionbridge Technologies, Inc. (I) 19,535 68,763
Mantech International Corp., Class A (L) 19,265 462,360
Mastercard, Inc., Class A 40,978 18,500,747
Mattersight Corp. (I) 3,656 21,644
MAXIMUS, Inc. 10,798 644,857
ModusLink Global Solutions, Inc. (I) 13,540 49,963
MoneyGram International, Inc. (I) 7,024 104,939
NeuStar, Inc., Class A (I) 33,429 1,338,163
Nomura Research Institute, Ltd. 19,085 390,755
NTT Data Corp. 236 736,582
Otsuka Corp. 3,017 269,410

 

351

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Strategic Equity Allocation Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
IT Services (continued)    
Paychex, Inc. (L) 122,938 $ 4,092,606
PRGX Global, Inc. (I) 6,900 59,064
SAIC, Inc. 109,243 1,315,286
Sapient Corp. (I) 39,106 416,870
ServiceSource International, Inc. (I) 15,905 163,185
Syntel, Inc. 4,922 307,182
TeleTech Holdings, Inc. (I) 7,383 125,880
Teradata Corp. (I) 64,276 4,847,053
The Hackett Group, Inc. (I) 8,662 36,207
The Western Union Company 230,180 4,193,880
TNS, Inc. (I) 7,830 117,059
Total Systems Services, Inc. 61,338 1,453,711
Unisys Corp. (I) 13,971 290,876
VeriFone Systems, Inc. (I) 54,295 1,512,116
Virtusa Corp. (I) 5,977 106,211
Visa, Inc., Class A (L) 199,566 26,797,722
Wright Express Corp. (I) (L) 31,859 2,221,209
 
    224,097,006
Office Electronics - 0.2%    
Brother Industries, Ltd. 44,476 412,224
Canon, Inc. 213,400 6,829,395
Konica Minolta Holdings, Inc. 90,070 691,792
Ricoh Company, Ltd. (L) 118,869 1,002,691
Xerox Corp. 500,089 3,670,653
Zebra Technologies Corp., Class A (I) 26,072 978,743
 
    13,585,498
Semiconductors & Semiconductor Equipment - 1.7%  
Advanced Energy Industries, Inc. (I) 12,594 155,158
Advanced Micro Devices, Inc. (I) (L) 225,323 759,339
Advantest Corp. 28,140 365,542
Alpha & Omega Semiconductor, Ltd. (I) 5,752 49,525
Altera Corp. 121,564 4,131,353
Amkor Technology, Inc. (I) (L) 25,062 110,273
ANADIGICS, Inc. (I) 24,385 33,895
Analog Devices, Inc. (L) 113,696 4,455,746
Applied Materials, Inc. 474,077 5,293,070
Applied Micro Circuits Corp. (I) (L) 19,909 100,740
ARM Holdings PLC 259,107 2,416,140
ASM Pacific Technology, Ltd. 37,468 442,976
ASML Holding NV 79,026 4,236,338
Atmel Corp. (I) 221,784 1,166,584
ATMI, Inc. (I) 10,074 187,074
AuthenTec, Inc. (I) (L) 14,460 115,825
Axcelis Technologies, Inc. (I) 34,878 36,622
AXT, Inc. (I) 10,788 36,463
Broadcom Corp., Class A (I) 196,918 6,809,424
Brooks Automation, Inc. 20,887 167,723
Cabot Microelectronics Corp. 7,496 263,409
Cavium, Inc. (I) (L) 15,777 525,847
Ceva, Inc. (I) 7,402 106,441
Cirrus Logic, Inc. (I) (L) 20,466 785,690
Cohu, Inc. 7,841 73,627
Cree, Inc. (I) (L) 58,408 1,491,156
CSR PLC, ADR (L) 2,507 50,817
Cymer, Inc. (I) (L) 9,802 500,490
Cypress Semiconductor Corp. (I) 68,847 738,040
Diodes, Inc. (I) (L) 11,282 191,907
DSP Group, Inc. (I) 7,708 45,786
Elpida Memory, Inc. (I) 46,667 0
Entegris, Inc. (I) (L) 43,652 354,891
Entropic Communications, Inc. (I) (L) 28,136 163,752
Exar Corp. (I) 11,972 95,776
Fairchild Semiconductor International, Inc. (I) 63,612 834,589

 

Strategic Equity Allocation Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Semiconductors & Semiconductor Equipment (continued)  
First Solar, Inc. (I) (L) 41,571 $ 920,590
FormFactor, Inc. (I) 15,929 89,043
FSI International, Inc. (I) (L) 13,249 82,144
GSI Technology, Inc. (I) 6,894 34,125
GT Advanced Technologies Inc. (I) (L) 37,568 204,746
Hittite Microwave Corp. (I) (L) 9,950 551,927
Infineon Technologies AG 204,428 1,297,168
Inphi Corp. (I) 7,365 78,511
Integrated Device Technology, Inc. (I) (L) 117,251 689,436
Integrated Silicon Solution, Inc. (I) 8,790 81,395
Intel Corp. 1,911,250 43,347,150
Intermolecular, Inc. (I) 4,770 33,867
International Rectifier Corp. (I) (L) 56,784 947,725
Intersil Corp., Class A 104,553 914,839
IXYS Corp. (I) 7,820 77,574
KLA-Tencor Corp. 63,688 3,038,236
Kopin Corp. (I) 21,580 81,141
Lam Research Corp. (I) 70,092 2,227,874
Lattice Semiconductor Corp. (I) 37,425 143,338
Linear Technology Corp. (L) 87,741 2,794,551
LSI Corp. (I) 210,467 1,454,327
LTX-Credence Corp. (I) 15,808 90,896
M/A-COM Technology    
Solutions Holdings, Inc. (I) (L) 2,027 25,743
Mattson Technology, Inc. (I) 20,163 19,558
MaxLinear, Inc., Class A (I) 7,688 51,433
Mellanox Technologies, Ltd. (I) 6,730 699,693
MEMC Electronic Materials, Inc. (I) (L) 188,827 519,274
Micrel, Inc. (L) 15,275 159,166
Microchip Technology, Inc. (L) 73,797 2,416,114
Micron Technology, Inc. (I) 390,353 2,336,263
Microsemi Corp. (I) 28,191 565,793
Mindspeed Technologies, Inc. (I) (L) 12,394 42,883
MIPS Technologies, Inc. (I) 15,243 112,646
MKS Instruments, Inc. 16,650 424,409
Monolithic Power Systems, Inc. (I) 9,675 191,081
MoSys, Inc. (I) 12,110 48,924
Nanometrics, Inc. (I) (L) 7,553 104,307
NeoPhotonics Corp. (I) 6,765 39,508
NVE Corp. (I) (L) 1,613 95,473
NVIDIA Corp. (I) 235,830 3,145,972
OmniVision Technologies, Inc. (I) (L) 16,595 231,583
PDF Solutions, Inc. (I) 7,760 106,002
Pericom Semiconductor Corp. (I) 7,777 67,543
Photronics, Inc. (I) (L) 19,390 104,124
PLX Technology, Inc. (I) 15,007 86,590
Power Integrations, Inc. (L) 9,018 274,418
QuickLogic Corp. (I) (L) 12,624 35,347
Rambus, Inc. (I) 35,197 194,991
Renewable Energy Corp. ASA (I) 50 15
RF Micro Devices, Inc. (I) (L) 227,449 898,424
Rohm Company, Ltd. 18,110 609,475
Rubicon Technology, Inc. (I) (L) 5,503 52,719
Rudolph Technologies, Inc. (I) 10,317 108,329
Semtech Corp. (I) 53,945 1,356,717
Sigma Designs, Inc. (I) 10,601 70,073
Silicon Image, Inc. (I) 26,591 122,053
Silicon Laboratories, Inc. (I) (L) 19,363 711,784
Skyworks Solutions, Inc. (I) 96,140 2,265,539
Spansion, Inc., Class A (I) 15,329 182,722
STMicroelectronics NV 120,023 649,190
STR Holdings, Inc. (I) (L) 9,787 30,340
Sumco Corp. (I) 21,811 146,826
SunPower Corp. (I) (L) 12,399 55,919
Supertex, Inc. (I) 3,306 59,111

 

352

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Strategic Equity Allocation Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Semiconductors & Semiconductor Equipment (continued)  
Teradyne, Inc. (I) (L) 71,054 $ 1,010,388
Tessera Technologies, Inc. 16,506 225,802
Texas Instruments, Inc. 434,243 11,963,395
Tokyo Electron, Ltd. (L) 32,228 1,371,668
TriQuint Semiconductor, Inc. (I) (L) 53,481 270,079
Ultra Clean Holdings (I) 7,587 43,322
Ultratech, Inc. (I) 8,311 260,799
Veeco Instruments, Inc. (I) 12,333 370,237
Volterra Semiconductor Corp. (I) 8,051 176,075
Xilinx, Inc. 100,450 3,356,035
 
    134,938,505
Software - 3.0%    
Accelrys, Inc. (I) (L) 17,873 154,780
ACI Worldwide, Inc. (I) 32,352 1,367,196
Actuate Corp. (I) 15,943 112,079
Adobe Systems, Inc. (I) 187,574 6,088,652
Advent Software, Inc. (I) (L) 26,209 643,955
American Software, Inc., Class A 7,718 62,979
ANSYS, Inc. (I) 46,470 3,410,898
Aspen Technology, Inc. (I) 29,763 769,374
Autodesk, Inc. (I) 86,099 2,873,124
AVG Technologies NV (I) 2,638 25,325
Blackbaud, Inc. 14,374 343,826
BMC Software, Inc. (I) 56,161 2,330,120
Bottomline Technologies, Inc. (I) 11,186 276,182
BroadSoft, Inc. (I) 8,784 360,320
CA, Inc. 130,911 3,372,922
Cadence Design Systems, Inc. (I) (L) 138,451 1,781,172
Callidus Software, Inc. (I) (L) 11,840 58,371
Citrix Systems, Inc. (I) 71,526 5,476,746
CommVault Systems, Inc. (I) 14,191 833,012
Compuware Corp. (I) 108,850 1,078,704
Comverse Technology, Inc. (I) 69,704 428,680
Concur Technologies, Inc. (I) (L) 22,711 1,674,482
Dassault Systemes SA 11,646 1,226,846
Deltek, Inc. (I) 6,998 91,114
Digimarc Corp. 2,397 53,333
Ebix, Inc. (L) 9,047 213,600
Electronic Arts, Inc. (I) 121,271 1,538,929
Ellie Mae, Inc. (I) 6,928 188,649
EPIQ Systems, Inc. 10,045 134,804
ePlus, Inc. (I) 1,365 53,535
FactSet Research Systems, Inc. (L) 20,605 1,986,734
Fair Isaac Corp. 27,916 1,235,562
FalconStor Software, Inc. (I) 10,307 24,221
Glu Mobile Inc. (I) (L) 17,327 80,224
Guidance Software, Inc. (I) 4,949 55,726
Guidewire Software, Inc. (I) 6,189 192,168
Imperva, Inc. (I) 3,084 114,077
Infoblox, Inc. (I) (L) 2,454 57,056
Informatica Corp. (I) 54,656 1,902,575
Interactive Intelligence Group (I) 4,682 140,694
Intuit, Inc. 105,436 6,208,072
JDA Software Group, Inc. (I) 13,529 429,952
Jive Software, Inc. (I) (L) 5,174 81,284
Kenexa Corp. (I) 8,717 399,500
Konami Corp. 18,899 429,530
Manhattan Associates, Inc. (I) 6,465 370,251
Mentor Graphics Corp. (I) 76,694 1,187,223
MICROS Systems, Inc. (I) 40,398 1,984,350
Microsoft Corp. 2,881,588 85,813,691
MicroStrategy, Inc., Class A (I) 2,699 361,855
Monotype Imaging Holdings, Inc. 11,654 181,686
Netscout Systems, Inc. (I) 11,734 299,334

 

Strategic Equity Allocation Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Software (continued)    
Nexon Company, Ltd. (I) 20,353 $ 280,112
Nice Systems, Ltd. (I) 11,132 371,510
Nintendo Company, Ltd. 20,042 2,520,211
Opnet Technologies, Inc. (L) 4,783 162,957
Oracle Corp. 1,454,530 45,803,150
Oracle Corp. Japan 7,206 370,052
Parametric Technology Corp. (I) 97,630 2,128,334
Pegasystems, Inc. (L) 5,482 159,197
Pervasive Software, Inc. (I) 4,934 42,432
Progress Software Corp. (I) (L) 19,924 426,174
Proofpoint, Inc. (I) 2,146 31,868
PROS Holdings, Inc. (I) 7,014 133,757
QAD, Inc., Class A (I) 2,401 32,606
QLIK Technologies, Inc. (I) 27,147 608,364
Quest Software, Inc. (I) 45,895 1,285,060
RealPage, Inc. (I) 11,423 258,160
Red Hat, Inc. (I) 73,484 4,184,179
Rosetta Stone, Inc. (I) (L) 3,418 43,580
Rovi Corp. (I) 54,922 796,918
Salesforce.com, Inc. (I) (L) 48,883 7,463,945
SAP AG 173,361 12,293,266
Seachange International, Inc. (I) (L) 9,116 71,561
SolarWinds, Inc. (I) 30,647 1,708,264
Solera Holdings, Inc. 35,217 1,544,970
Sourcefire, Inc. (I) (L) 9,404 461,078
Square Enix Company, Ltd. 11,976 182,687
SS&C Technologies Holdings, Inc. (I) 10,732 270,554
Symantec Corp. (I) 268,876 4,839,768
Synchronoss Technologies, Inc. (I) 8,813 201,818
Synopsys, Inc. (I) 75,112 2,480,198
Take-Two Interactive Software, Inc. (I) 24,866 259,352
Tangoe, Inc. (I) (L) 9,512 124,893
TeleNav, Inc. (I) 5,385 32,148
The Sage Group PLC 238,561 1,209,889
TIBCO Software, Inc. (I) 77,557 2,344,548
TiVo, Inc. (I) 39,940 416,574
Trend Micro, Inc. 19,764 551,687
Tyler Technologies, Inc. (I) (L) 9,582 421,800
Ultimate Software Group, Inc. (I) 8,470 864,787
VASCO Data Security International, Inc. (I) 8,999 84,411
Verint Systems, Inc. (I) 6,972 191,312
VirnetX Holding Corp. (I) (L) 13,374 340,101
Websense, Inc. (I) 11,883 185,969
 
    238,743,675
 
    1,229,173,290
Materials - 5.3%    
Chemicals - 2.7%    
A. Schulman, Inc. 9,353 222,788
ADA-ES, Inc. (I) (L) 2,908 68,658
Air Liquide SA 58,775 7,300,517
Air Products & Chemicals, Inc. 81,096 6,706,639
Air Water, Inc. 28,265 346,093
Airgas, Inc. 26,390 2,171,897
Akzo Nobel NV 44,163 2,501,581
Albemarle Corp. 45,071 2,374,340
American Vanguard Corp. 8,843 307,736
Arabian American    
Development Company (I) (L) 6,477 63,410
Arkema SA 11,740 1,102,822
Asahi Kasei Corp. (L) 237,600 1,226,200
Ashland, Inc. 36,788 2,634,021
Balchem Corp. 9,330 342,691
BASF SE 172,872 14,607,249

 

353

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Strategic Equity Allocation Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Chemicals (continued)    
Cabot Corp. 29,961 $ 1,095,674
Calgon Carbon Corp. (I) (L) 18,125 259,369
CF Industries Holdings, Inc. 23,958 5,324,426
Chemtura Corp. (I) 31,264 538,366
Croda International PLC 25,473 999,084
Cytec Industries, Inc. 23,197 1,519,867
Daicel Corp. 54,985 329,568
Denki Kagaku Kogyo KK 90,570 280,613
E.I. du Pont de Nemours & Company (L) 355,307 17,861,283
Eastman Chemical Company 58,181 3,316,899
Ecolab, Inc. 100,531 6,515,414
Ferro Corp. (I) 27,480 94,256
Flotek Industries, Inc. (I) (L) 15,821 200,452
FMC Corp. (L) 52,263 2,894,325
FutureFuel Corp. 6,045 73,205
Georgia Gulf Corp. (L) 10,886 394,291
Givaudan AG (I) 1,563 1,485,223
GSE Holding, Inc. (I) 2,777 21,799
H.B. Fuller Company 15,807 484,959
Hawkins, Inc. (L) 2,956 122,822
Hitachi Chemical, Ltd. 19,570 264,362
Incitec Pivot, Ltd. 306,679 942,659
Innophos Holdings, Inc. 6,940 336,521
Innospec, Inc. (I) 7,321 248,328
International Flavors & Fragrances, Inc. 30,919 1,842,154
Intrepid Potash, Inc. (I) (L) 26,887 577,533
Israel Chemicals, Ltd. 83,849 1,017,667
Israel Corp., Ltd. 434 274,973
Johnson Matthey PLC 38,544 1,505,530
JSR Corp. 33,690 552,221
K&S AG 32,406 1,596,815
Kaneka Corp. 52,748 254,005
Kansai Paint Company, Ltd. 40,886 450,416
KMG Chemicals, Inc. 2,569 47,527
Koninklijke DSM NV 29,034 1,451,393
Koppers Holdings, Inc. (L) 6,566 229,350
Kraton Performance Polymers, Inc. (I) 10,253 267,603
Kuraray Company, Ltd. (L) 64,925 737,544
Landec Corp. (I) 8,464 96,913
Lanxess AG 15,666 1,300,545
Linde AG 34,819 6,003,066
LSB Industries, Inc. (I) 5,988 262,694
LyondellBasell Industries NV, Class A (L) 129,590 6,694,619
Minerals Technologies, Inc. 14,476 1,026,783
Mitsubishi Chemical Holdings Corp. 255,502 978,119
Mitsubishi Gas & Chemicals Company, Inc. 72,217 362,478
Mitsui Chemicals, Inc. (L) 163,590 318,429
Monsanto Company 203,739 18,544,324
NewMarket Corp. (L) 5,401 1,331,238
Nitto Denko Corp. 31,061 1,479,279
Novozymes A/S, B shares 45,916 1,266,516
Olin Corp. (L) 65,638 1,426,314
OM Group, Inc. (I) 10,286 190,702
OMNOVA Solutions, Inc. (I) 14,858 112,475
Orica, Ltd. 68,671 1,764,885
PolyOne Corp. 28,486 472,013
PPG Industries, Inc. 58,428 6,709,872
Praxair, Inc. 113,787 11,820,194
Quaker Chemical Corp. 4,117 192,140
RPM International, Inc. 66,430 1,895,912
Sensient Technologies Corp. 40,965 1,505,873
Shin-Etsu Chemical Company, Ltd. (L) 77,291 4,344,884
Showa Denko KK (L) 267,827 425,208
Sigma-Aldrich Corp. (L) 46,069 3,315,586
Sika AG (I) 403 822,921

 

Strategic Equity Allocation Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Chemicals (continued)    
Solvay SA 11,162 $ 1,296,108
Spartech Corp. (I) 10,353 55,389
Stepan Company 2,684 257,986
Sumitomo Chemical Company, Ltd. (L) 280,291 714,037
Syngenta AG 17,804 6,653,368
Taiyo Nippon Sanso Corp. 45,657 240,292
Teijin, Ltd. 176,243 431,024
The Dow Chemical Company 457,734 13,255,977
The Mosaic Company 105,686 6,088,570
The Scotts Miracle-Gro Company, Class A (L) 19,399 843,275
The Sherwin-Williams Company 32,654 4,862,507
Toray Industries, Inc. 276,562 1,636,250
Tosoh Corp. 95,641 181,239
TPC Group, Inc. (I) 4,132 168,627
Tredegar Corp. 7,687 136,367
Ube Industries, Ltd. 189,889 408,478
Valspar Corp. 42,525 2,385,653
Wacker Chemie AG (L) 2,946 189,313
Yara International ASA 35,177 1,766,722
Zep, Inc. 7,161 108,274
Zoltek Companies, Inc. (I) 8,821 67,833
 
    214,796,409
Construction Materials - 0.2%    
Boral, Ltd. 142,635 565,809
Cimpor-Cimentos de Portugal SA 9 38
CRH PLC 129,127 2,488,584
CRH PLC (London Exchange) 7,591 146,524
Eagle Materials, Inc. 14,369 664,710
Fletcher Building, Ltd. 128,563 740,221
Headwaters, Inc. (I) 19,835 130,514
HeidelbergCement AG 26,449 1,388,616
Holcim, Ltd. (I) 43,088 2,743,832
Imerys SA 6,348 373,787
James Hardie Industries, Ltd. 82,306 739,471
Lafarge SA 35,124 1,899,716
Martin Marietta Materials, Inc. (L) 23,087 1,913,220
Taiheiyo Cement Corp. 209,279 450,235
Texas Industries, Inc. (I) (L) 7,202 292,761
United States Lime & Minerals, Inc. (I) 624 30,083
Vulcan Materials Company (L) 49,332 2,333,404
 
    16,901,525
Containers & Packaging - 0.3%    
AEP Industries, Inc. (I) 1,395 84,523
Amcor, Ltd. 227,016 1,822,504
Aptargroup, Inc. 33,535 1,734,095
Ball Corp. 59,637 2,523,241
Bemis Company, Inc. 39,238 1,234,820
Boise, Inc. 31,995 280,276
Graphic Packaging Holding Company (I) 53,204 309,115
Greif, Inc., Class A 15,213 672,110
Myers Industries, Inc. 10,667 166,619
Owens-Illinois, Inc. (I) 62,776 1,177,678
Packaging Corp. of America 49,448 1,794,962
Rexam PLC 165,162 1,162,914
Rock-Tenn Company, Class A 35,648 2,573,073
Sealed Air Corp. 67,102 1,037,397
Silgan Holdings, Inc. 24,875 1,082,311
Sonoco Products Company 50,693 1,570,976
Toyo Seikan Kaisha, Ltd. 28,529 305,040
UFP Technologies, Inc. (I) 2,012 35,391
 
    19,567,045
Metals & Mining - 1.9%    
A. M. Castle & Company (I) (L) 5,314 66,372

 

354

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Strategic Equity Allocation Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Metals & Mining (continued)    
Acerinox SA (I) (L) 18,777 $ 211,397
AK Steel Holding Corp. (I) 35,266 169,277
Alcoa, Inc. (L) 406,453 3,597,109
Allegheny Technologies, Inc. (L) 40,767 1,300,467
Alumina, Ltd. (I) 459,478 400,324
AMCOL International Corp. (L) 8,073 273,513
Anglo American PLC 261,636 7,701,847
Antofagasta PLC 74,171 1,518,453
ArcelorMittal 176,263 2,541,227
BHP Billiton PLC 397,530 12,414,438
BHP Billiton, Ltd. 606,900 20,794,533
Boliden AB 51,497 862,064
Carpenter Technology Corp. 22,247 1,163,963
Century Aluminum Company (I) 16,534 118,218
Cliffs Natural Resources, Inc. (L) 54,323 2,125,659
Coeur d’Alene Mines Corp. (I) 28,378 818,138
Commercial Metals Company 58,527 772,556
Compass Minerals International, Inc. (L) 16,673 1,243,639
Daido Steel Company, Ltd. 53,557 248,910
Eurasian Natural Resources Corp. PLC 48,504 243,072
Evraz PLC 63,082 252,196
Fortescue Metals Group, Ltd. (L) 263,847 942,794
Freeport-McMoRan Copper & Gold, Inc. 362,751 14,357,685
Fresnillo PLC 33,763 1,014,740
General Moly, Inc. (I) (L) 21,432 67,939
Glencore International PLC (L) 716,627 3,984,009
Globe Specialty Metals, Inc. 19,592 298,190
Gold Reserve, Inc. (I) 17,730 57,445
Gold Resource Corp. (L) 9,466 203,046
Golden Minerals Company (I) (L) 9,106 47,533
Golden Star Resources, Ltd. (I) (L) 81,631 160,813
Haynes International, Inc. 3,899 203,333
Hecla Mining Company (L) 90,098 590,142
Hitachi Metals, Ltd. 31,164 274,400
Horsehead Holding Corp. (I) 14,069 131,404
Iluka Resources, Ltd. 78,838 796,035
JFE Holdings, Inc. (L) 86,735 1,143,423
Kaiser Aluminum Corp. (L) 6,139 358,456
Kazakhmys PLC 39,334 442,331
Kobe Steel, Ltd. (I) 469,117 366,362
Lonmin PLC (L) 30,530 276,120
Lynas Corp., Ltd. (I) (L) 322,879 261,569
Maruichi Steel Tube, Ltd. 8,861 189,523
Materion Corp. (L) 6,479 154,200
McEwen Mining, Inc. (I) (L) 62,452 286,655
Metals USA Holdings Corp. (I) 3,794 50,726
Midway Gold Corp. (I) (L) 38,944 63,868
Mitsubishi Materials Corp. 210,333 662,426
Newcrest Mining, Ltd. 143,983 4,279,531
Newmont Mining Corp. 189,643 10,621,904
Nippon Steel Corp. (L) 960,865 1,968,173
Nisshin Steel Company, Ltd. (I) 132,483 142,601
Noranda Aluminum Holding Corp. (L) 10,563 70,666
Norsk Hydro ASA 175,310 823,883
Nucor Corp. 120,830 4,622,956
Olympic Steel, Inc. (L) 3,069 51,805
OZ Minerals, Ltd. 57,946 403,022
Paramount Gold and Silver Corp. (I) (L) 41,651 110,792
Randgold Resources, Ltd. 16,405 2,020,267
Reliance Steel & Aluminum Company 37,918 1,985,007
Revett Minerals, Inc. (I) 9,134 32,517
Rio Tinto PLC 252,289 11,793,586
Rio Tinto, Ltd. 82,013 4,499,423
Royal Gold, Inc. 29,655 2,961,348
RTI International Metals, Inc. (I) (L) 9,649 230,997

 

Strategic Equity Allocation Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Metals & Mining (continued)    
Salzgitter AG 7,356 $ 284,669
Schnitzer Steel Industries, Inc., Class A 8,034 226,157
Sims Metal Management, Ltd. 30,912 304,536
SSAB AB, Series A (L) 29,469 210,318
Steel Dynamics, Inc. 110,374 1,239,500
Stillwater Mining Company (I) 36,840 434,344
Sumitomo Metal Industries, Ltd. 633,692 950,051
Sumitomo Metal Mining Company, Ltd. (L) 98,343 1,233,288
SunCoke Energy, Inc. (I) 22,270 358,992
ThyssenKrupp AG 72,588 1,545,502
Titanium Metals Corp. (L) 27,642 354,647
U.S. Silica Holdings Inc. (I) (L) 3,885 52,681
Umicore SA 21,465 1,125,545
United States Steel Corp. (L) 54,811 1,045,246
Universal Stainless & Alloy (I) 2,194 81,507
US Antimony Corp. (I) (L) 17,328 33,790
Vedanta Resources PLC 20,004 334,473
Vista Gold Corp. (I) (L) 19,711 71,551
Voestalpine AG 20,693 621,753
Worthington Industries, Inc. (L) 42,772 926,442
Xstrata PLC (I) 395,610 6,139,243
Yamato Kogyo Company, Ltd. 7,886 232,546
 
    150,647,798
Paper & Forest Products - 0.2%    
Buckeye Technologies, Inc. 12,474 399,916
Clearwater Paper Corp. (I) 7,465 308,379
Deltic Timber Corp. (L) 3,466 226,191
Domtar Corp. 18,060 1,413,917
Holmen AB, Series B 9,945 271,759
International Paper Company 166,539 6,048,696
KapStone Paper and Packaging Corp. (I) 12,878 288,338
Louisiana-Pacific Corp. (I) 113,018 1,412,725
MeadWestvaco Corp. 65,733 2,011,430
Neenah Paper, Inc. 5,028 144,002
Nippon Paper Group, Inc. (L) 18,597 219,296
OJI Paper Company, Ltd. (L) 149,933 456,968
P.H. Glatfelter Company (L) 13,513 240,667
Resolute Forest Products (I) (L) 25,377 329,901
Schweitzer-Mauduit International, Inc. 9,839 324,589
Stora Enso OYJ, Series R (L) 103,778 644,514
UPM-Kymmene OYJ 98,998 1,123,106
Wausau Paper Corp. 14,219 131,668
 
    15,996,062
 
    417,908,839
Telecommunication Services - 3.6%    
Diversified Telecommunication Services - 2.8%    
8x8, Inc. (I) 22,910 150,290
American Tower Corp. 151,014 10,780,889
AT&T, Inc. 2,203,169 83,059,471
Atlantic Tele-Network, Inc. 2,910 125,072
Belgacom SA 28,645 875,168
Bezeq The    
Israeli Telecommunication Corp., Ltd. 358,182 416,257
BT Group PLC 1,469,052 5,479,480
Cbeyond, Inc. (I) 9,247 91,175
CenturyLink, Inc. (L) 237,813 9,607,645
Cincinnati Bell, Inc. (I) (L) 63,377 361,249
Cogent Communications Group, Inc. 14,941 343,494
Consolidated Communications Holdings, Inc. 16,628 285,835
Deutsche Telekom AG 528,650 6,505,964
Elisa OYJ, Class A 26,682 603,911
Fairpoint Communications, Inc. (I) (L) 6,985 52,807
France Telecom SA 348,964 4,218,679

 

355

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Strategic Equity Allocation Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Diversified Telecommunication Services (continued)  
Frontier Communications Corp. (L) 380,890 $ 1,866,361
General Communication, Inc., Class A (I) 12,015 117,747
Hawaiian Telcom Holdco, Inc. (I) 3,477 61,647
HickoryTech Corp. 4,993 52,826
HKT Trust and HKT, Ltd. 1,254 1,063
IDT Corp., Class B 5,187 53,270
Iliad SA 4,294 699,761
inContact, Inc. (I) 11,125 72,535
Inmarsat PLC 84,395 806,112
Iridium Communications, Inc. (I) (L) 15,966 116,871
Koninklijke KPN NV 188,579 1,443,746
Lumos Networks Corp. 5,211 40,958
magicJack VocalTec, Ltd. (I) 4,844 118,823
Neutral Tandem, Inc. (I) 9,025 84,655
Nippon Telegraph & Telephone Corp. 82,159 3,898,579
ORBCOMM, Inc. (I) 12,488 46,705
PCCW, Ltd. 752,479 307,048
Portugal Telecom SGPS SA 118,187 585,471
Premiere Global Services, Inc. (I) 16,031 149,890
Primus Telecommunications Group, Inc. 3,974 60,683
Singapore Telecommunications, Ltd. 1,437,549 3,742,342
Singapore Telecommunications, Ltd.    
(Singapore Exchange) 63,535 165,338
Swisscom AG 4,384 1,763,758
TDC A/S 93,211 679,348
Tele2 AB, Series B 59,842 1,087,905
Telecom Corp. of New Zealand, Ltd. (L) 356,420 702,150
Telecom Italia SpA 1,134,803 995,255
Telecom Italia SpA (Italian Exchange) 1,766,917 1,775,525
Telefonica SA (I) 758,816 10,118,440
Telekom Austria AG 41,656 294,711
Telenet Group Holding NV (I) (L) 10,681 477,637
Telenor ASA 136,195 2,658,340
TeliaSonera AB 407,500 2,937,535
Telstra Corp., Ltd. 819,706 3,325,383
Towerstream Corp. (I) 15,310 62,159
tw telecom, Inc. (I) 76,074 1,983,249
Verizon Communications, Inc. 1,087,994 49,579,887
Vivendi SA 242,569 4,742,798
Vonage Holdings Corp. (I) 50,290 114,661
Windstream Corp. (L) 224,318 2,267,855
 
    223,016,413
Wireless Telecommunication Services - 0.8%    
Boingo Wireless, Inc. (I) (L) 5,068 40,240
Crown Castle International Corp. (I) 111,966 7,177,021
KDDI Corp. (L) 50,621 3,922,187
Leap Wireless International, Inc. (I) (L) 17,133 116,847
MetroPCS Communications, Inc. (I) 121,332 1,420,798
Millicom International Cellular SA 11,907 1,105,551
Mobistar SA 5,650 178,256
NTELOS Holdings Corp. 4,972 86,364
NTT DOCOMO, Inc. (L) 2,875 4,662,541
Shenandoah Telecommunications Company (L) 7,864 138,406
Softbank Corp. (L) 166,854 6,753,491
Sprint Nextel Corp. (I) 1,142,655 6,307,456
StarHub, Ltd. 112,963 341,744
Telephone & Data Systems, Inc. 50,882 1,303,088
USA Mobility, Inc. (L) 7,206 85,535
Vodafone Group PLC 9,288,197 26,434,777
 
    60,074,302
    283,090,715

 

Strategic Equity Allocation Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Utilities - 3.7%    
Electric Utilities - 1.9%    
Acciona SA 4,191 $ 239,405
ALLETE, Inc. 12,108 505,388
American Electric Power Company, Inc. 185,599 8,155,220
Cheung Kong Infrastructure Holdings, Ltd. 91,843 557,430
Chubu Electric Power Company, Inc. 121,223 1,579,331
Cleco Corp. (L) 49,859 2,093,081
CLP Holdings, Ltd. 339,756 2,888,465
Contact Energy, Ltd. (I) 69,201 302,012
Duke Energy Corp. 268,906 17,425,130
Edison International 124,132 5,671,591
EDP - Energias de Portugal SA 358,854 989,766
El Paso Electric Company 12,718 435,592
Electricite de France SA 45,261 950,382
Enel SpA 1,238,799 4,391,630
Entergy Corp. 67,499 4,677,681
Exelon Corp. 326,289 11,609,363
FirstEnergy Corp. 160,390 7,073,199
Fortum OYJ 83,558 1,540,809
Great Plains Energy, Inc. 77,110 1,716,469
Hawaiian Electric Industries, Inc. (L) 48,895 1,286,427
Hokkaido Electric Power Company, Inc. 34,443 276,143
Hokuriku Electric Power Company 31,719 384,220
Iberdrola SA 730,628 3,323,936
IDACORP, Inc. 41,105 1,778,613
Kyushu Electric Power Company, Inc. 80,398 662,051
MGE Energy, Inc. 7,476 396,153
NextEra Energy, Inc. 161,423 11,352,880
Northeast Utilities 119,485 4,567,912
NV Energy, Inc. 118,863 2,140,723
OGE Energy Corp. 49,689 2,755,752
Otter Tail Corp. 11,513 274,700
Pepco Holdings, Inc. (L) 87,102 1,646,228
Pinnacle West Capital Corp. 41,745 2,204,136
PNM Resources, Inc. 65,517 1,377,823
Portland General Electric Company 23,882 645,769
Power Assets Holdings, Ltd. 260,887 2,213,198
PPL Corp. 222,611 6,466,850
Red Electrica Corp. SA 20,375 967,709
Shikoku Electric Power Company, Inc. 31,525 351,959
SP AusNet 313,421 339,686
SSE PLC 177,788 3,999,269
Terna Rete Elettrica Nazionale SpA 245,998 918,341
The Chugoku Electric    
Power Company, Inc. (L) 55,867 742,093
The Empire District Electric Company 13,671 294,610
The Kansai Electric Power Company, Ltd. 141,339 1,093,447
The Southern Company 334,018 15,394,890
Tohoku Electric Power Company, Inc. (I) 85,179 682,668
Tokyo Electric Power Company, Inc. (I) 272,336 446,569
UIL Holdings Corp. (L) 16,104 577,489
Unitil Corp. 4,646 126,464
UNS Energy Corp. 12,780 534,971
Verbund AG, Class A 12,824 265,667
Westar Energy, Inc. 63,620 1,886,969
Xcel Energy, Inc. 185,542 5,141,369
 
    150,319,628
Gas Utilities - 0.3%    
AGL Resources, Inc. (L) 44,745 1,830,518
APA Group, Ltd. (L) 121,310 596,364
Atmos Energy Corp. 45,415 1,625,403
Chesapeake Utilities Corp. 3,173 150,273
Enagas SA 33,708 666,543
Gas Natural SDG SA 65,356 927,598

 

356

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Strategic Equity Allocation Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Gas Utilities (continued)    
Hong Kong & China Gas Company, Ltd. 981,706 $ 2,469,497
National Fuel Gas Company 41,943 2,266,600
New Jersey Resources Corp. 13,114 599,572
Northwest Natural Gas Company (L) 8,524 419,722
ONEOK, Inc. 78,136 3,774,750
Osaka Gas Company, Ltd. 352,488 1,553,460
Piedmont Natural Gas Company, Inc. (L) 22,650 735,672
Questar Corp. 88,473 1,798,656
Snam SpA 318,138 1,412,125
South Jersey Industries, Inc. (L) 9,642 510,351
Southwest Gas Corp. 14,623 646,337
The Laclede Group, Inc. 7,234 311,062
Toho Gas Company, Ltd. 76,924 510,695
Tokyo Gas Company, Ltd. 463,269 2,552,138
UGI Corp. 56,646 1,798,511
WGL Holdings, Inc. 42,210 1,698,953
 
    28,854,800
Independent Power Producers & Energy Traders - 0.1%  
AES Corp. (I) 238,046 2,611,365
Atlantic Power Corp. (L) 35,644 533,234
EDP Renovaveis SA (I) 48 215
Electric Power Development Company, Ltd. 21,906 574,038
Enel Green Power SpA 329,547 558,449
Genie Energy, Ltd., B Shares (I) 5,510 39,507
GenOn Energy, Inc. (I) 246,182 622,840
NRG Energy, Inc. (L) 86,863 1,858,000
Ormat Technologies, Inc. (L) 5,762 108,038
 
    6,905,686
Multi-Utilities - 1.3%    
A2A SpA 39 19
AGL Energy, Ltd. 102,016 1,581,264
Alliant Energy Corp. 55,895 2,425,284
Ameren Corp. 92,472 3,021,060
Avista Corp. (L) 18,668 480,514
Black Hills Corp. 36,235 1,288,879
CenterPoint Energy, Inc. 162,828 3,468,236
Centrica PLC 975,705 5,171,585
CH Energy Group, Inc. 4,795 312,682
CMS Energy Corp. 101,637 2,393,551
Consolidated Edison, Inc. 111,598 6,683,604
Dominion Resources, Inc. 218,950 11,591,213
DTE Energy Company 65,640 3,934,462
E.ON AG 338,949 8,055,134
GDF Suez 240,322 5,385,695
Integrys Energy Group, Inc. 29,655 1,547,991
MDU Resources Group, Inc. 95,087 2,095,717
National Grid PLC 671,761 7,415,610
NiSource, Inc. 108,292 2,759,280
NorthWestern Corp. 11,596 420,123
PG&E Corp. 162,946 6,952,906
Public Service Enterprise Group, Inc. 192,742 6,202,438
RWE AG 92,098 4,127,732
SCANA Corp. (L) 50,245 2,425,326
Sempra Energy 85,896 5,539,433
Suez Environnement Company 52,833 599,664
TECO Energy, Inc. (L) 78,675 1,395,695
Vectren Corp. (L) 41,323 1,181,838
Veolia Environnement SA 63,596 685,104
Wisconsin Energy Corp. (L) 87,826 3,308,405
 
    102,450,444
Water Utilities - 0.1%    
American States Water Company (L) 5,948 264,270
Aqua America, Inc. (L) 70,379 1,742,584

 

Strategic Equity Allocation Trust (continued)
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Water Utilities (continued)    
Artesian Resources Corp., Class A 3,122 $ 72,524
Cadiz, Inc. (I) (L) 5,046 48,997
California Water Service Group 13,124 244,763
Connecticut Water Service, Inc. (L) 3,097 98,794
Consolidated Water Company, Ltd. 5,149 42,582
Middlesex Water Company 5,077 97,275
Severn Trent PLC 44,830 1,215,884
SJW Corp. (L) 4,694 119,040
United Utilities Group PLC 128,218 1,484,717
York Water Company 4,887 89,628
 
    5,521,058
 
    294,051,616
TOTAL COMMON STOCKS (Cost $7,515,922,356) $ 7,803,376,490
 
PREFERRED SECURITIES - 0.1%    
Consumer Discretionary - 0.1%    
Bayerische Motoren Werke AG 9,831 505,378
Porsche Automobil Holding SE 28,806 1,726,734
ProSiebenSat.1 Media AG 16,477 415,868
Volkswagen AG 27,217 4,971,486
 
    7,619,466
Consumer Staples - 0.0%    
Henkel AG & Company KgaA, .0800% 33,518 2,667,440
Health Care - 0.0%    
Alere, Inc., 3.000% 2 406
Utilities - 0.0%    
RWE AG 7,347 293,228
TOTAL PREFERRED SECURITIES (Cost $9,923,745) $ 10,580,540
 
INVESTMENT COMPANIES - 0.0%    
Firsthand Technology Value Fund, Inc. (I) 735 12,818
TOTAL INVESTMENT COMPANIES (Cost $12,929) $ 12,818
 
RIGHTS - 0.0%    
Energy - 0.0%    
Cie Generale de Geophysique - Veritas    
(Expiration Date: 10/12/2012; Strike Price    
EUR 17.00) (I) 25,751 41,563
Financials - 0.0%    
Hampton Roads Bankshares, Inc. (Strike    
Price $0.70) (I) (N) 3,403 10,690
TOTAL RIGHTS (Cost $10,915) $ 52,253
 
WARRANTS - 0.0%    
Energy - 0.0%    
Magnum Hunter Resources (Expiration Date:    
10/14/2013; Strike Price: $10.50) (I) (L) 3,567 192
TOTAL WARRANTS (Cost $1,417) $ 192
 
SECURITIES LENDING COLLATERAL - 6.6%    
John Hancock Collateral    
Investment Trust, 0.3462% (W) (Y) 51,751,114 517,956,196
TOTAL SECURITIES LENDING    
COLLATERAL (Cost $517,915,444) $ 517,956,196

 

357

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Strategic Equity Allocation Trust (continued)
    Shares or  
    Principal  
    Amount Value
 
 
SHORT-TERM INVESTMENTS - 0.6%      
Repurchase Agreement - 0.6%      
Repurchase Agreement with State Street Corp.    
dated 09/28/2012 at 0.010% to be      
repurchased at $47,408,040 on 10/01/2012,    
collateralized by $35,575,000 U.S. Treasury    
Bonds, 4.500% due 08/15/2039 (valued at    
$48,367,734, including interest) $ 47,408,000 $ 47,408,000
TOTAL SHORT-TERM INVESTMENTS (Cost $47,408,000) $ 47,408,000
Total Investments (Strategic Equity Allocation Trust)    
(Cost $8,091,194,806) - 106.0%   $ 8,379,386,489
Other assets and liabilities, net - (6.0%)     (475,838,334)
TOTAL NET ASSETS - 100.0%   $ 7,903,548,155
 
 
 
Strategic Income Opportunities Trust  
    Shares or  
    Principal  
    Amount Value
 
 
FOREIGN GOVERNMENT      
OBLIGATIONS - 24.7%      
Argentina - 0.7%      
Provincia de Buenos Aires      
10.875%, 01/26/2021 (S) $ 575,000 416,875
11.750%, 10/05/2015 (S)   1,960,000 1,754,200
Provincia de Cordoba      
12.375%, 08/17/2017 (S)   510,000 430,950
Provincia de Neuquen      
7.875%, 04/26/2021 (S)   1,025,000 896,875
 
      3,498,900
Australia - 1.5%      
New South Wales Treasury Corp.      
6.000%, 05/01/2020 AUD 3,000,000 3,618,727
Queensland Treasury Corp.      
6.000%, 10/21/2015 to 04/21/2016   2,884,000 3,256,183
 
      6,874,910
Brazil - 0.8%      
Federative Republic of Brazil      
8.500%, 01/05/2024 BRL 3,440,000 1,989,592
10.250%, 01/10/2028   2,434,000 1,569,838
 
      3,559,430
Canada - 2.1%      
Canada Housing Trust No. 1      
2.750%, 06/15/2016 (S) CAD 525,000 558,542
Government of Canada      
2.750%, 09/01/2016   3,540,000 3,806,823
Province of Ontario      
6.250%, 06/16/2015 NZD 5,777,000 5,128,172
 
      9,493,537
Indonesia - 1.7%      
Republic of Indonesia      
8.250%, 07/15/2021 IDR 5,970,000,000 719,328
9.500%, 06/15/2015   40,220,000,000 4,614,276
10.000%, 07/15/2017   10,880,000,000 1,341,779
12.500%, 03/15/2013   7,635,000,000 825,143
14.250%, 06/15/2013   3,250,000,000 361,134
 
      7,861,660
Malaysia - 1.3%      
Government of Malaysia      
3.835%, 08/12/2015 MYR 12,850,000 4,276,219

 

Strategic Income Opportunities Trust (continued)
    Shares or  
    Principal  
    Amount Value
 
 
FOREIGN GOVERNMENT      
OBLIGATIONS (continued)      
Malaysia (continued)      
Government of Malaysia (continued)      
4.262%, 09/15/2016 MYR 5,900,000 $ 2,002,614
 
      6,278,833
Mexico - 0.8%      
Government of Mexico      
6.000%, 06/18/2015 MXN 23,000,000 1,845,598
9.500%, 12/18/2014   21,500,000 1,837,536
 
      3,683,134
New Zealand - 2.9%      
Dominion of New Zealand      
5.000%, 03/15/2019 NZD 2,000,000 1,843,715
6.000%, 12/15/2017 to 05/15/2021   11,760,000 11,323,166
 
      13,166,881
Norway - 1.1%      
Government of Norway      
4.500%, 05/22/2019 NOK 3,937,000 804,388
5.000%, 05/15/2015   18,498,000 3,524,336
6.500%, 05/15/2013   3,400,000 610,705
 
      4,939,429
Peru - 0.1%      
Republic of Peru      
7.350%, 07/21/2025 $ 280,000 410,200
Philippines - 4.2%      
Republic of Philippines      
4.950%, 01/15/2021 PHP 33,000,000 834,572
5.875%, 12/16/2020 to 03/01/2032   307,303,440 7,731,278
6.250%, 01/14/2036   43,000,000 1,145,481
6.500%, 04/28/2021   91,000,000 2,462,094
8.125%, 12/16/2035   230,634,520 7,178,011
 
      19,351,436
Singapore - 1.7%      
Republic of Singapore      
1.375%, 10/01/2014 SGD 1,000,000 832,624
2.375%, 04/01/2017   2,800,000 2,476,120
2.875%, 07/01/2015   2,850,000 2,486,386
3.250%, 09/01/2020   2,030,000 1,910,274
 
      7,705,404
South Korea - 3.8%      
Korea Treasury Bond Coupon Strips, IO      
3.479%, 03/10/2013 KRW 83,030,000 73,795
3.554%, 09/10/2013   83,030,000 72,777
3.601%, 03/10/2014   83,030,000 71,764
3.658%, 09/10/2014   83,030,000 70,765
3.702%, 03/10/2015   83,030,000 69,779
3.772%, 09/10/2015   83,030,000 68,786
3.830%, 03/10/2016   83,030,000 67,758
3.899%, 09/10/2016   83,030,000 66,738
3.958%, 03/10/2017   83,030,000 65,790
4.042%, 09/10/2017   83,030,000 64,808
4.109%, 03/10/2018   83,030,000 63,803
4.197%, 09/10/2018   83,030,000 62,821
Korea Treasury Bond Principal Strips, PO      
4.196%, 09/10/2018   2,888,000,000 2,185,094
Republic of Korea      
3.250%, 06/10/2015   5,000,000,000 4,551,562
4.000%, 03/10/2016   750,000,000 699,630
4.250%, 12/10/2012 to 06/10/2021   9,830,000,000 9,196,457
5.750%, 09/10/2018   2,000,000 2,075
 
      17,454,202

 

358

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Strategic Income Opportunities Trust (continued)
    Shares or  
    Principal  
    Amount Value
 
 
FOREIGN GOVERNMENT      
OBLIGATIONS (continued)      
Sweden - 1.9%      
Kingdom of Sweden      
3.750%, 08/12/2017 SEK 21,250,000 $ 3,656,509
5.000%, 12/01/2020   17,300,000 3,374,669
Svensk Exportkredit AB      
7.625%, 06/30/2014 NZD 1,975,000 1,746,292
 
      8,777,470
Ukraine - 0.1%      
Government of Ukraine      
7.950%, 02/23/2021 (S) $ 380,000 378,545
TOTAL FOREIGN GOVERNMENT      
OBLIGATIONS (Cost $104,963,385)   $ 113,433,971
 
CORPORATE BONDS - 50.6%      
Consumer Discretionary - 9.6%      
Allison Transmission, Inc.      
7.125%, 05/15/2019 (S)   1,205,000 1,292,207
AMC Entertainment, Inc.      
8.750%, 06/01/2019   1,655,000 1,824,638
9.750%, 12/01/2020   1,280,000 1,441,600
American Axle & Manufacturing, Inc.      
6.625%, 10/15/2022   1,291,000 1,303,910
Ameristar Casinos, Inc.      
7.500%, 04/15/2021   320,000 344,000
Arcos Dorados Holdings, Inc.      
10.250%, 07/13/2016 (S) BRL 1,415,000 743,359
Automotores Gildemeister SA      
8.250%, 05/24/2021 (S) $ 760,000 826,500
Beazer Homes USA, Inc.      
6.625%, 04/15/2018 (S)   215,000 229,781
8.125%, 06/15/2016   700,000 731,500
9.125%, 05/15/2019   330,000 331,650
Burlington Coat Factory Warehouse Corp.      
10.000%, 02/15/2019   680,000 752,250
Cablevision Systems Corp.      
8.000%, 04/15/2020   1,850,000 2,062,750
CCM Merger, Inc.      
9.125%, 05/01/2019 (S)   1,110,000 1,123,875
CCO Holdings LLC      
7.000%, 01/15/2019   1,905,000 2,062,163
Chrysler Group LLC      
8.250%, 06/15/2021   370,000 394,050
Cinemark USA, Inc.      
7.375%, 06/15/2021   560,000 623,000
Clear Channel Communications, Inc.      
9.000%, 03/01/2021   475,000 422,750
10.750%, 08/01/2016   1,685,000 1,179,500
Clear Channel Communications, Inc., PIK      
11.000%, 08/01/2016   1,011,255 707,879
Corporacion GEO SAB de CV      
8.875%, 03/27/2022 (S)   200,000 204,500
DISH DBS Corp.      
4.625%, 07/15/2017 (S)   210,000 214,725
7.875%, 09/01/2019   2,300,000 2,673,750
Empire Today LLC      
11.375%, 02/01/2017 (S)   600,000 634,500
Fontainebleau Las Vegas Holdings LLC      
10.250%, 06/15/2015 (H)(S)   1,450,000 906
Ford Motor Company      
6.625%, 10/01/2028   913,000 1,020,506
7.450%, 07/16/2031   470,000 584,563
Ford Motor Credit Company LLC      
4.250%, 02/03/2017   885,000 940,759

 

Strategic Income Opportunities Trust (continued)
    Shares or  
    Principal  
    Amount Value
 
 
CORPORATE BONDS (continued)      
Consumer Discretionary (continued)      
Gray Television, Inc.      
7.500%, 10/01/2020 (S) $ 175,000 $ 174,125
Gymboree Corp.      
9.125%, 12/01/2018   230,000 218,788
Hillman Group, Inc.      
10.875%, 06/01/2018   230,000 247,250
Little Traverse Bay Bands of Odawa      
Indians      
9.000%, 08/31/2020 (S)   520,000 483,600
Macy’s Retail Holdings, Inc.      
7.875%, 08/15/2036   974,000 1,049,390
Meritage Homes Corp.      
7.000%, 04/01/2022   390,000 417,300
MGM Resorts International      
6.625%, 07/15/2015   2,155,000 2,305,850
8.625%, 02/01/2019 (S)   420,000 457,800
Nexstar Broadcasting, Inc.      
7.000%, 01/15/2014   27,000 27,034
Nexstar Broadcasting, Inc. PIK      
7.000%, 01/15/2014   805,996 807,004
PVH Corp.      
7.375%, 05/15/2020   515,000 581,950
Quebecor Media, Inc.      
7.375%, 01/15/2021 (S) CAD 170,000 185,027
Regal Entertainment Group      
9.125%, 08/15/2018 $ 305,000 340,838
Shaw Communications, Inc.      
5.500%, 12/07/2020 CAD 555,000 629,988
6.500%, 06/02/2014   325,000 353,827
Sirius XM Radio, Inc.      
5.250%, 08/15/2022 (S) $ 430,000 427,850
Sonic Automotive, Inc.      
9.000%, 03/15/2018   70,000 76,475
Standard Pacific Corp.      
8.375%, 05/15/2018 to 01/15/2021   545,000 625,794
Tenneco, Inc.      
6.875%, 12/15/2020   555,000 607,725
The Goodyear Tire & Rubber Company      
7.000%, 05/15/2022   2,060,000 2,183,600
8.750%, 08/15/2020   320,000 364,000
Toys R Us Property Company II LLC      
8.500%, 12/01/2017   190,000 204,725
Univision Communications, Inc.      
6.750%, 09/15/2022 (S)   1,290,000 1,290,000
Videotron Ltee      
7.125%, 01/15/2020 (S) CAD 420,000 466,417
Waterford Gaming LLC      
8.625%, 09/15/2014 (S) $ 2,129,724 1,299,876
WMG Acquisition Corp.      
11.500%, 10/01/2018   1,590,000 1,788,750
Wok Acquisition Corp.      
10.250%, 06/30/2020 (S)   160,000 169,200
XM Satellite Radio, Inc.      
7.625%, 11/01/2018 (S)   1,420,000 1,569,100
 
      44,024,854
Consumer Staples - 2.4%      
Anheuser-Busch InBev Worldwide, Inc.      
9.750%, 11/17/2015 BRL 2,111,000 1,174,079
B&G Foods, Inc.      
7.625%, 01/15/2018 $ 180,000 194,400
Corporacion Lindley SA      
6.750%, 11/23/2021 (S)   405,000 454,613
Corporacion Pesquera Inca SAC      
9.000%, 02/10/2017 (S)   375,000 403,125

 

359

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Strategic Income Opportunities Trust (continued)
    Shares or  
    Principal  
    Amount Value
 
 
CORPORATE BONDS (continued)      
Consumer Staples (continued)      
Marfrig Holding Europe BV      
8.375%, 05/09/2018 (S) $ 285,000 $ 232,275
Revlon Consumer Products Corp.      
9.750%, 11/15/2015   505,000 534,038
Reynolds Group Issuer, Inc.      
8.500%, 05/15/2018   565,000 573,475
9.000%, 04/15/2019   3,555,000 3,626,100
Rite Aid Corp.      
9.250%, 03/15/2020   1,300,000 1,332,500
Simmons Foods, Inc.      
10.500%, 11/01/2017 (S)   955,000 823,688
Yankee Candle Company, Inc.      
8.500%, 02/15/2015   3,000 3,038
Yankee Candle Company, Inc., Series B      
9.750%, 02/15/2017   500,000 525,000
YCC Holdings LLC, PIK      
10.250%, 02/15/2016   900,000 931,500
 
      10,807,831
Energy - 4.3%      
Alpha Natural Resources, Inc.      
6.250%, 06/01/2021   1,125,000 936,563
Arch Coal, Inc.      
7.000%, 06/15/2019   170,000 142,800
7.250%, 06/15/2021   1,420,000 1,185,700
Bill Barrett Corp.      
7.000%, 10/15/2022   926,000 951,465
Calfrac Holdings LP      
7.500%, 12/01/2020 (S)   900,000 891,000
Carrizo Oil & Gas, Inc.      
7.500%, 09/15/2020   425,000 434,563
EP Energy LLC      
7.750%, 09/01/2022 (S)   690,000 703,800
9.375%, 05/01/2020 (S)   1,532,000 1,669,880
EPL Oil & Gas, Inc.      
8.250%, 02/15/2018   385,000 388,850
Forbes Energy Services, Ltd.      
9.000%, 06/15/2019   450,000 436,500
Forest Oil Corp.      
7.500%, 09/15/2020 (S)   155,000 153,838
Inkia Energy, Ltd.      
8.375%, 04/04/2021 (S)   1,575,000 1,716,750
Linn Energy LLC      
6.250%, 11/01/2019 (S)   550,000 547,250
MarkWest Energy Partners LP      
6.500%, 08/15/2021   495,000 530,888
McMoRan Exploration Company      
11.875%, 11/15/2014   1,505,000 1,584,013
Niska Gas Storage US LLC      
8.875%, 03/15/2018   560,000 578,200
Pan American Energy LLC      
7.875%, 05/07/2021 (S)   160,000 146,400
Peabody Energy Corp.      
6.250%, 11/15/2021 (S)   940,000 935,300
Pertamina Persero PT      
5.250%, 05/23/2021 (S)   565,000 623,619
6.500%, 05/27/2041 (S)   400,000 458,000
PHI, Inc.      
8.625%, 10/15/2018   725,000 759,438
RDS Ultra-Deepwater, Ltd.      
11.875%, 03/15/2017 (S)   340,000 379,100
Regency Energy Partners LP      
9.375%, 06/01/2016   390,000 425,588
SandRidge Energy, Inc.      
7.500%, 02/15/2023 (S)   845,000 870,350

 

Strategic Income Opportunities Trust (continued)
    Shares or  
    Principal  
    Amount Value
 
 
CORPORATE BONDS (continued)      
Energy (continued)      
Trinidad Drilling, Ltd.      
7.875%, 01/15/2019 (S) $ 435,000 $ 469,800
W&T Offshore, Inc.      
8.500%, 06/15/2019   805,000 877,450
Westmoreland Coal Company      
10.750%, 02/01/2018   790,000 766,300
 
      19,563,405
Financials - 16.8%      
Affinion Group Holdings, Inc.      
11.625%, 11/15/2015   790,000 537,200
American International Group, Inc.      
(8.175% to 05/15/2038, then 3 month      
LIBOR + 4.195%)      
05/15/2058   2,165,000 2,649,419
Banco Continental SA (7.375% to      
10/07/2020, then 3 month      
LIBOR + 6.802%)      
10/07/2040 (S)   505,000 544,449
Banco de Galicia y Buenos Aires      
8.750%, 05/04/2018 (S)   950,000 817,000
Banco Safra SA      
10.250%, 08/08/2016 (S) BRL 752,000 393,203
Bancolombia SA      
5.950%, 06/03/2021 $ 850,000 956,250
BBVA Bancomer SA      
6.500%, 03/10/2021 (S)   765,000 838,058
Capital One Financial Corp.      
6.150%, 09/01/2016   1,090,000 1,244,456
CapitaMalls Asia Treasury, Ltd.      
3.950%, 08/24/2017 SGD 3,250,000 2,739,386
Citigroup, Inc.      
6.250%, 06/29/2017 NZD 1,245,000 1,059,531
Citizens Republic Bancorp, Inc.      
5.750%, 02/01/2013 $ 500,000 486,647
Corp Andina de Fomento      
3.750%, 01/15/2016   250,000 262,147
Council of Europe Development Bank      
5.250%, 05/27/2013 AUD 1,680,000 1,760,410
Country Garden Holdings Company, Ltd.      
11.125%, 02/23/2018 (S) $ 330,000 358,875
DuPont Fabros Technology LP      
8.500%, 12/15/2017   395,000 435,488
E*Trade Financial Corp.      
6.750%, 06/01/2016   590,000 620,975
Emeralds      
- 08/04/2020 (H)(S)   104,967 94,470
Eurofima      
6.000%, 01/28/2014 AUD 1,395,000 1,494,094
European Investment Bank      
4.250%, 02/04/2015 NOK 6,400,000 1,177,413
5.375%, 05/20/2014 AUD 3,030,000 3,236,921
First Tennessee Bank NA      
5.050%, 01/15/2015 $ 618,000 637,194
General Electric Capital      
Australia Funding Pty, Ltd.      
6.000%, 05/15/2013 AUD 580,000 609,478
7.000%, 10/08/2015   2,800,000 3,141,359
General Electric Capital Corp.      
4.875%, 04/05/2016 SEK 10,000,000 1,634,292
General Electric Capital Corp. (7.125%      
until 06/15/2022, then 3 month      
LIBOR + 5.296%)      
06/15/2022 (Q) $ 1,600,000 1,783,072

 

360

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Strategic Income Opportunities Trust (continued)
    Shares or  
    Principal  
    Amount Value
 
 
CORPORATE BONDS (continued)      
Financials (continued)      
General Electric Capital Corp., Series A      
7.625%, 12/10/2014 NZD 4,415,000 $ 3,930,806
Glen Meadow Pass-Through Trust      
(6.505% to 02/15/2017, then 3 month      
LIBOR + 2.125%)      
02/12/2067 (S) $ 1,885,000 1,583,400
Goodman Funding Pty, Ltd.      
6.000%, 03/22/2022 (S)   880,000 945,447
Hongkong Land Treasury Services      
(Singapore) Pte, Ltd.      
3.860%, 12/29/2017 SGD 250,000 213,651
Host Hotels & Resorts LP      
5.250%, 03/15/2022 (S) $ 620,000 669,600
Hub International, Ltd.      
8.125%, 10/15/2018 (S)   1,189,000 1,203,863
Inter-American Development Bank      
4.750%, 01/10/2014 INR 55,850,000 1,046,109
Intercorp Retail Trust      
8.875%, 11/14/2018 (S) $ 515,000 571,650
International Finance Corp.      
7.500%, 02/28/2013 AUD 1,627,000 1,715,779
iPayment, Inc.      
10.250%, 05/15/2018 $ 200,000 174,500
Kreditanstalt fuer Wiederaufbau      
4.000%, 12/15/2014 NOK 10,010,000 1,827,957
5.750%, 05/13/2015 AUD 4,775,000 5,244,307
7.000%, 10/22/2012 IDR 15,900,000,000 1,663,984
MetLife, Inc.      
6.400%, 12/15/2036 $ 755,000 792,849
Moody’s Corp.      
4.500%, 09/01/2022   140,000 148,465
Nationstar Mortgage LLC      
7.875%, 10/01/2020 (S)   270,000 274,725
9.625%, 05/01/2019 (S)   1,039,000 1,135,108
10.875%, 04/01/2015   175,000 189,656
Prudential Financial, Inc. (5.875% to      
09/15/2022, then 3 month      
LIBOR + 4.175%)      
09/15/2042   645,000 661,125
Realogy Corp.      
7.625%, 01/15/2020 (S)   95,000 104,738
11.500%, 04/15/2017   1,030,000 1,104,675
12.000%, 04/15/2017   1,403,315 1,480,497
Regions Bank      
6.450%, 06/26/2037   250,000 255,000
Regions Financial Corp.      
7.375%, 12/10/2037   385,000 404,250
SPL Logistics Escrow LLC      
8.875%, 08/01/2020 (S)   350,000 374,500
Standard Chartered Bank      
2.220%, 07/05/2013 SGD 1,750,000 1,439,846
Symetra Financial Corp. (8.300% to      
10/15/2017, then 3 month      
LIBOR + 4.177%)      
10/15/2037 (S) $ 990,000 1,019,700
Synovus Financial Corp.      
5.125%, 06/15/2017   1,570,000 1,530,750
7.875%, 02/15/2019   725,000 801,125
Temasek Financial I, Ltd.      
3.265%, 02/19/2020 SGD 1,250,000 1,121,438
The Allstate Corp.      
6.125%, 05/15/2037 (P) $ 2,405,000 2,477,150

 

Strategic Income Opportunities Trust (continued)
    Shares or  
    Principal  
    Amount Value
 
 
CORPORATE BONDS (continued)      
Financials (continued)      
The Chubb Corp. (6.375% until      
04/15/2017, then 3 month      
LIBOR + 2.250%)      
03/29/2067 $ 780,000 $ 830,700
The Royal Bank of Scotland Group PLC      
(7.648% to 09/30/2031, then 3 month      
LIBOR + 2.500%)      
09/30/2031 (Q)   1,410,000 1,367,700
The Royal Bank of Scotland PLC      
2.195%, 03/31/2014 (P) SGD 2,500,000 2,027,113
United Community Banks, Inc.      
7.500%, 09/30/2015 (S) $ 425,000 395,250
Wells Fargo & Company      
2.625%, 12/15/2016   945,000 1,000,107
Western Alliance Bancorp      
10.000%, 09/01/2015   845,000 916,825
Wilmington Trust Corp.      
4.875%, 04/15/2013   715,000 725,184
8.500%, 04/02/2018   876,000 1,058,862
XL Group PLC., Series E (6.500% to      
04/15/2017, then 3 month      
LIBOR + 2.458%)      
04/15/2017 (Q)   1,115,000 1,025,800
Yanlord Land Group, Ltd.      
10.625%, 03/29/2018 (S)   450,000 466,875
Zions Bancorporation      
4.000%, 06/20/2016   825,000 841,500
6.000%, 09/15/2015   905,000 948,248
 
      77,222,601
Health Care - 2.1%      
Alere, Inc.      
8.625%, 10/01/2018   1,500,000 1,575,000
BioScrip, Inc.      
10.250%, 10/01/2015   830,000 894,325
Catalent Pharma Solutions, Inc.      
7.875%, 10/15/2018 (S)   315,000 319,725
9.500%, 04/15/2015 (P)   768,593 783,004
Community Health Systems, Inc.      
7.125%, 07/15/2020   315,000 336,066
Endo Health Solutions, Inc.      
7.250%, 01/15/2022   530,000 572,400
ExamWorks Group, Inc.      
9.000%, 07/15/2019   1,195,000 1,242,800
Grifols, Inc.      
8.250%, 02/01/2018   325,000 359,125
HCA, Inc.      
7.500%, 02/15/2022   1,165,000 1,319,363
8.000%, 10/01/2018   280,000 323,400
LifePoint Hospitals, Inc.      
6.625%, 10/01/2020   160,000 173,600
National Mentor Holdings, Inc.      
12.500%, 02/15/2018 (S)   705,000 719,100
Valeant Pharmaceuticals International, Inc.      
7.000%, 10/01/2020 (S)   580,000 610,450
Vanguard Health Holding      
Company II LLC      
7.750%, 02/01/2019   283,000 301,041
 
      9,529,399
Industrials - 4.3%      
Aeropuertos Argentina 2000 SA      
10.750%, 12/01/2020 (S)   650,070 640,319
Aircastle, Ltd.      
6.750%, 04/15/2017   90,000 96,975

 

361

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Strategic Income Opportunities Trust (continued)
    Shares or  
    Principal  
    Amount Value
 
 
CORPORATE BONDS (continued)      
Industrials (continued)      
Aircastle, Ltd. (continued)      
7.625%, 04/15/2020 $ 90,000 $ 99,675
America West Airlines 2001-1 Pass      
Through Trust      
7.100%, 04/02/2021   136,027 141,468
Avis Budget Car Rental LLC      
9.625%, 03/15/2018   325,000 360,750
Covanta Holding Corp.      
7.250%, 12/01/2020   1,385,000 1,535,899
Delta Air Lines 2007-1 Class A Pass      
Through Trust      
6.821%, 08/10/2022   1,266,805 1,399,820
Delta Air Lines, Inc.      
12.250%, 03/15/2015 (S)   485,000 526,225
Empresas ICA SAB de CV      
8.375%, 07/24/2017 (S)   315,000 328,388
Georgian Railway JSC      
7.750%, 07/11/2022 (S)   315,000 359,437
Kratos Defense & Security Solutions, Inc.      
10.000%, 06/01/2017   480,000 518,400
Navios Maritime Holdings, Inc.      
8.125%, 02/15/2019   375,000 338,438
Navios South American Logistics, Inc.      
9.250%, 04/15/2019   240,000 225,600
Nortek, Inc.      
10.000%, 12/01/2018   915,000 1,011,075
Odebrecht Finance, Ltd.      
7.125%, 06/26/2042 (S)   225,000 250,088
7.500%, 09/14/2015 (Q)(S)   1,195,000 1,269,688
SCF Capital, Ltd.      
5.375%, 10/27/2017 (S)   905,000 910,702
Smiths Group PLC      
7.200%, 05/15/2019 (S)   290,000 355,511
Swift Services Holdings, Inc.      
10.000%, 11/15/2018   930,000 1,006,725
TAM Capital 3, Inc.      
8.375%, 06/03/2021 (S)   775,000 835,063
Thermadyne Holdings Corp.      
9.000%, 12/15/2017   435,000 463,275
TransDigm, Inc.      
7.750%, 12/15/2018   865,000 955,825
Tutor Perini Corp.      
7.625%, 11/01/2018   1,100,000 1,113,750
UAL 2009-1 Pass Through Trust      
10.400%, 11/01/2016   760,805 876,828
UAL 2009-2A Pass Through Trust      
9.750%, 01/15/2017   322,920 369,743
United Air Lines, Inc.      
9.875%, 08/01/2013 (S)   140,000 143,150
12.000%, 11/01/2013 (S)   1,105,000 1,135,388
US Airways 2012-1 Class A Pass      
Through Trust      
5.900%, 10/01/2024   300,000 317,250
US Airways 2012-1 Class B Pass      
Through Trust      
8.000%, 10/01/2019   900,000 927,000
WPE International Cooperatief UA      
10.375%, 09/30/2020 (S)   1,220,000 1,037,000
 
      19,549,455
Information Technology - 1.1%      
Brightstar Corp.      
9.500%, 12/01/2016 (S)   1,155,000 1,240,181
CDW LLC      
12.535%, 10/12/2017   970,000 1,035,475

 

Strategic Income Opportunities Trust (continued)
    Shares or  
    Principal  
    Amount Value
 
 
CORPORATE BONDS (continued)      
Information Technology (continued)      
Equinix, Inc.      
8.125%, 03/01/2018 $ 730,000 $ 810,300
First Data Corp.      
8.875%, 08/15/2020 (S)   110,000 119,900
Freescale Semiconductor, Inc.      
9.250%, 04/15/2018 (S)   135,000 146,813
Hughes Satellite Systems Corp.      
7.625%, 06/15/2021   110,000 121,825
j2 Global, Inc.      
8.000%, 08/01/2020 (S)   260,000 262,600
Seagate HDD Cayman      
7.000%, 11/01/2021   860,000 920,200
Zayo Group LLC      
8.125%, 01/01/2020   365,000 398,763
 
      5,056,057
Materials - 5.0%      
American Pacific Corp.      
9.000%, 02/01/2015   1,343,000 1,369,860
APERAM      
7.750%, 04/01/2018 (S)   430,000 352,600
Ardagh Packaging Finance PLC      
7.375%, 10/15/2017 (S)   1,050,000 1,124,813
Ball Corp.      
6.750%, 09/15/2020   1,960,000 2,156,000
Berry Plastics Corp.      
9.500%, 05/15/2018   580,000 636,550
9.750%, 01/15/2021   470,000 535,800
Cascades, Inc.      
7.875%, 01/15/2020   25,000 26,188
Celulosa Arauco y Constitucion SA      
5.000%, 01/21/2021   400,000 422,378
CSN Islands XII Corp.      
7.000%, 09/23/2015 (Q)(S)   820,000 823,075
Essar Steel Algoma, Inc.      
9.375%, 03/15/2015 (S)   710,000 676,275
Ferro Corp.      
7.875%, 08/15/2018   50,000 48,250
FMG Resources August 2006 Pty, Ltd.      
6.875%, 04/01/2022 (S)   1,715,000 1,569,225
Hexion US Finance Corp.      
8.875%, 02/01/2018   1,975,000 2,029,313
HudBay Minerals, Inc.      
9.500%, 10/01/2020 (S)   1,170,000 1,225,575
Inmet Mining Corp.      
8.750%, 06/01/2020 (S)   1,115,000 1,154,025
Longview Fibre Paper & Packaging, Inc.      
8.000%, 06/01/2016 (S)   295,000 307,538
Mercer International, Inc.      
9.500%, 12/01/2017   610,000 652,700
Metinvest BV      
8.750%, 02/14/2018 (S)   950,000 904,875
Owens-Brockway Glass Container, Inc.      
7.375%, 05/15/2016   435,000 499,163
Polymer Group, Inc.      
7.750%, 02/01/2019   155,000 165,075
Rain CII Carbon LLC      
8.000%, 12/01/2018 (S)   730,000 744,600
Resolute Forest Products      
10.250%, 10/15/2018   883,000 1,004,413
Sappi Papier Holding GmbH      
7.500%, 06/15/2032 (S)   1,110,000 954,600
7.750%, 07/15/2017 (S)   235,000 251,450
SunCoke Energy, Inc.      
7.625%, 08/01/2019   820,000 832,300

 

362

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Strategic Income Opportunities Trust (continued)
    Shares or  
    Principal  
    Amount Value
 
 
CORPORATE BONDS (continued)    
Materials (continued)      
Thompson Creek Metals Company, Inc.    
7.375%, 06/01/2018 $ 475,000 $ 384,750
Vale Overseas, Ltd.      
4.625%, 09/15/2020   310,000 330,600
Votorantim Cimentos SA      
7.250%, 04/05/2041 (S)   1,115,000 1,201,413
Winsway Coking Coal Holding, Ltd.    
8.500%, 04/08/2016 (S)   745,000 573,650
 
      22,957,054
Telecommunication Services - 4.2%    
American Tower Corp.      
7.000%, 10/15/2017   529,000 629,697
Axtel SAB de CV      
7.625%, 02/01/2017 (S)   60,000 37,200
9.000%, 09/22/2019 (S)   2,125,000 1,317,500
Cincinnati Bell, Inc.      
8.375%, 10/15/2020   835,000 897,625
8.750%, 03/15/2018   1,070,000 1,086,050
Crown Castle Towers LLC      
4.883%, 08/15/2020 (S)   714,000 803,621
Data & Audio Visual Enterprises    
Wireless, Inc.      
9.500%, 04/29/2018 CAD 476,000 406,713
Digicel Group, Ltd.      
8.250%, 09/30/2020 (S) $ 460,000 483,000
10.500%, 04/15/2018 (S) 278,000 302,325
Digicel, Ltd.      
7.000%, 02/15/2020 (S)   210,000 214,200
8.250%, 09/01/2017 (S)   680,000 734,400
Frontier Communications Corp.    
7.125%, 01/15/2023   1,330,000 1,383,200
9.250%, 07/01/2021   150,000 173,625
GTP Acquisition Partners I LLC    
7.628%, 06/15/2016 (S)   890,000 924,917
Intelsat Jackson Holdings SA    
6.625%, 12/15/2022 (S)   1,585,000 1,573,113
Intelsat Luxembourg SA      
11.250%, 02/04/2017   1,495,000 1,580,963
Level 3 Communications, Inc.    
8.875%, 06/01/2019 (S)   100,000 105,000
Level 3 Financing, Inc.      
10.000%, 02/01/2018   630,000 700,875
Nextel Communications, Inc.    
7.375%, 08/01/2015   112,000 112,420
Oi SA      
9.750%, 09/15/2016 (S) BRL 811,000 420,052
Satmex Escrow SA de CV      
9.500%, 05/15/2017 $ 630,000 666,225
SBA Telecommunications, Inc.    
5.750%, 07/15/2020 (S)   505,000 530,250
SBA Tower Trust      
5.101%, 04/17/2017 (S)   616,000 686,560
SingTel Group Treasury Pte, Ltd.    
3.488%, 04/08/2020 SGD 1,000,000 861,679
Sprint Capital Corp.      
8.750%, 03/15/2032 $ 1,085,000 1,122,975
Sprint Nextel Corp.      
9.000%, 11/15/2018 (S)   170,000 204,000
West Corp.      
11.000%, 10/15/2016   1,160,000 1,206,400
Wind Acquisition Finance SA    
7.250%, 02/15/2018 (S)   380,000 361,000
 
      19,525,585

 

Strategic Income Opportunities Trust (continued)
    Shares or  
    Principal  
    Amount Value
 
CORPORATE BONDS (continued)      
Utilities - 0.8%      
Centrais Eletricas do Para SA      
10.500%, 06/03/2016 (H)(S) $ 625,000 $ 156,250
Cia de Eletricidade do Estado da Bahia      
11.750%, 04/27/2016 (S) BRL 440,000 233,864
Cia de Saneamento Basico do Estado de      
Sao Paulo      
6.250%, 12/16/2020 (S) $ 555,000 593,850
Dubai Electricity & Water Authority      
7.375%, 10/21/2020 (S)   1,070,000 1,250,830
Energy Future Holdings Corp., PIK      
11.250%, 11/01/2017   8,221 7,687
GenOn Energy, Inc.      
7.875%, 06/15/2017   129,000 137,385
NRG Energy, Inc.      
6.625%, 03/15/2023 (S)   1,370,000 1,400,825
 
      3,780,691
TOTAL CORPORATE BONDS (Cost $221,486,844) $ 232,016,932
 
CAPITAL PREFERRED SECURITIES - 2.6%    
Financials - 2.6%      
Cullen/Frost Capital Trust II      
1.968%, 03/01/2034 (P)   826,000 661,448
Fifth Third Capital Trust IV (6.500% to      
04/15/2017 then 3 month      
LIBOR + 1.368%)      
04/15/2037   2,201,000 2,206,503
First Midwest Capital Trust I, Series B      
6.950%, 12/01/2033   204,000 203,490
First Tennessee Capital II      
6.300%, 04/15/2034   593,000 563,350
HSBC Finance Capital Trust IX (5.911%      
to 11/30/2015, then 3 month      
LIBOR + 1.926%)      
11/30/2035   1,435,000 1,411,681
JPMorgan Chase Capital XXIII (3 month      
LIBOR + 1.000% to 05/15/2047, then      
3 month LIBOR + 2.030%)      
1.435%, 05/15/2047 (Q)   1,990,000 1,413,475
M&T Capital Trust II      
8.277%, 06/01/2027   370,000 378,325
M&T Capital Trust III      
9.250%, 02/01/2027   95,000 96,778
North Fork Capital Trust II      
8.000%, 12/15/2027   385,000 387,888
PNC Financial Services Group, Inc.      
(6.750% to 08/01/2021, then 3 month      
LIBOR + 3.678%)      
08/01/2021 (Q)   800,000 894,024
Regions Financing Trust II (6.625% to      
05/15/2027, then 3 month      
LIBOR + 1.290%)      
05/15/2047   2,630,000 2,564,250
USB Capital IX      
3.500%, 11/26/2012 (P)(Q)   1,401,000 1,200,503
 
      11,981,715
TOTAL CAPITAL PREFERRED      
SECURITIES (Cost $11,475,880)   $ 11,981,715
 
CONVERTIBLE BONDS - 1.7%      
Consumer Discretionary - 0.8%      
Ford Motor Company      
4.250%, 11/15/2016   1,075,000 1,482,828

 

363

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Strategic Income Opportunities Trust (continued)
    Shares or  
    Principal  
    Amount Value
 
CONVERTIBLE BONDS (continued)      
Consumer Discretionary (continued)      
XM Satellite Radio, Inc.      
7.000%, 12/01/2014 (S) $ 1,409,000 $ 2,209,488
      3,692,316
Energy - 0.2%      
Chesapeake Energy Corp.      
2.250%, 12/15/2038   605,000 487,403
2.500%, 05/15/2037   260,000 233,513
 
      720,916
Financials - 0.4%      
Ares Capital Corp.      
5.750%, 02/01/2016 (S)   1,130,000 1,200,625
Dundee International      
5.500%, 07/31/2018 CAD 215,000 226,000
Transglobe Apartment      
5.400%, 09/30/2018 (S)   275,000 304,623
 
      1,731,248
Health Care - 0.0%      
Teleflex, Inc.      
3.875%, 08/01/2017 $ 95,000 119,581
Industrials - 0.3%      
United Continental Holdings, Inc.      
4.500%, 06/30/2021   1,210,000 1,148,145
Information Technology - 0.0%      
Electronic Arts, Inc.      
0.750%, 07/15/2016   250,000 228,125
TOTAL CONVERTIBLE BONDS (Cost $7,384,968) $ 7,640,331
 
MUNICIPAL BONDS - 0.0%      
City of Long Beach (California)      
7.282%, 11/01/2030   170,000 175,090
TOTAL MUNICIPAL BONDS (Cost $171,700) $ 175,090
 
TERM LOANS (M) - 4.8%      
Consumer Discretionary - 1.8%      
Ameristar Casinos, Inc.      
4.000%, 04/16/2018   440,000 441,650
Burlington Coat Factory Warehouse Corp.      
5.500%, 02/23/2017   430,650 435,187
Caesars Entertainment Operating      
Company, Inc.      
4.467%, 01/26/2018   1,850,000 1,617,098
CCM Merger, Inc.      
6.000%, 03/01/2017   247,623 249,171
Clear Channel Communications, Inc.      
3.866%, 01/28/2016   1,186,072 967,575
Hubbard Broadcasting, Inc.      
8.750%, 04/30/2018   100,000 101,000
Landry’s, Inc.      
6.500%, 04/24/2018   507,450 513,793
Las Vegas Sands LLC      
2.720%, 11/23/2016   547,490 544,447
Michaels Stores, Inc.      
2.688%, 10/31/2013   1,463,684 1,466,036
Mood Media Corp.      
7.750%, 05/07/2018   434,500 431,377
11.000%, 11/06/2018   160,000 157,360
PRIMEDIA, Inc.      
7.500%, 01/12/2018   1,633,500 1,551,825
 
      8,476,519

 

Strategic Income Opportunities Trust (continued)
    Shares or  
    Principal  
    Amount Value
 
 
TERM LOANS (M) (continued)      
Consumer Staples - 0.1%      
Revlon Consumer Products Corp.      
4.750%, 11/17/2017 $ 404,875 $ 405,950
Financials - 0.0%      
Realogy Corp.      
3.246%, 10/10/2013   55,862 53,348
Health Care - 1.3%      
Aptalis Pharma, Inc.      
5.500%, 02/10/2017   442,747 441,640
Capsugel Holdings US, Inc.      
5.250%, 08/01/2018   435,000 436,269
Catalent Pharma Solutions, Inc.      
4.216%, 09/15/2016   1,515,948 1,517,843
5.250%, 09/15/2017   1,661,787 1,674,250
Community Health Systems, Inc.      
3.921%, 01/25/2017   40,673 40,792
MModal, Inc.      
6.750%, 08/15/2019   435,000 428,747
National Mentor Holdings, Inc.      
7.000%, 02/09/2017   1,033,753 1,029,618
Warner Chilcott Company LLC      
4.250%, 03/15/2018   612,532 612,532
 
      6,181,691
Industrials - 0.3%      
Swift Transportation Company LLC      
5.000%, 12/21/2017   412,337 413,711
Travelport LLC      
4.961%, 08/21/2015   397,940 378,209
US Airways Group, Inc.      
2.716%, 03/21/2014   567,576 554,805
 
      1,346,725
Information Technology - 0.3%      
Emdeon Business Services LLC      
5.000%, 11/02/2018   432,825 435,125
First Data Corp.      
4.217%, 03/23/2018   593,821 566,356
5.217%, 03/24/2017   45,048 44,204
NeuStar, Inc.      
5.000%, 11/08/2018   432,814 436,060
 
      1,481,745
Materials - 0.4%      
Consolidated Container Company, LLC      
6.250%, 07/03/2019   376,611 379,436
TPC Group LLC      
- 08/27/2013 (T)   1,250,000 1,250,000
 
      1,629,436
Telecommunication Services - 0.6%      
Intelsat Jackson Holdings SA      
3.221%, 02/03/2014   700,000 693,525
5.250%, 04/02/2018   893,688 894,469
Level 3 Financing, Inc.      
5.750%, 09/03/2018   435,000 436,269
UniTek Global Services, Inc.      
9.000%, 04/16/2018   636,938 622,606
 
      2,646,869
TOTAL TERM LOANS (Cost $22,172,425)   $ 22,222,283

 

364

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Strategic Income Opportunities Trust (continued)
    Shares or  
    Principal  
    Amount Value
 
 
COLLATERALIZED MORTGAGE      
OBLIGATIONS - 4.5%      
Commercial & Residential - 4.0%      
Adjustable Rate Mortgage Trust,      
Series 2004-5, Class 2A1      
2.821%, 04/25/2035 (P) $ 692,115 $ 682,933
American Home Mortgage Assets LLC,      
Series 2006-6, Class XP IO      
2.187%, 12/25/2046   11,705,008 801,624
American Tower Trust, Series 2007-1A,      
Class C 5.615%, 04/15/2037 (S)   260,000 272,335
Bear Stearns Adjustable Rate      
Mortgage Trust, Series 2004-10,      
Class 12A3 2.805%, 01/25/2035 (P)   707,484 692,847
Bear Stearns Alt-A Trust      
Series 2004-12, Class 1A1,      
0.567%, 01/25/2035 (P)   377,020 356,578
Series 2004-13, Class A1,      
0.957%, 11/25/2034 (P)   975,713 952,426
Chase Mortgage Finance Corp.,      
Series 2007-A1, Class 2A1      
2.998%, 02/25/2037 (P)   381,094 389,871
Countrywide Alternative Loan Trust,      
Series 2006-OA12, Class X IO      
2.687%, 09/20/2046   9,489,813 590,394
DSLA Mortgage Loan Trust      
Series 2004-AR1 Class X2 IO,      
2.327%, 09/19/2044   4,484,265 251,756
Series 2005-AR2, Class X2 IO,      
2.590%, 03/19/2045   8,437,247 527,328
Greenwich Capital Commercial      
Funding Corp., Series 2006-GG7,      
Class AM 6.065%, 07/10/2038 (P)   90,000 98,784
GSR Mortgage Loan Trust,      
Series 2005-AR6, Class 3A1      
2.613%, 09/25/2035 (P)   937,351 917,755
Harborview Mortgage Loan Trust      
Series 2007-6, Class ES IO,      
0.342%, 08/19/2037 (S)   12,149,728 77,758
Series 2007-3, Class ES IO,      
0.350%, 05/19/2047   14,453,026 92,499
Series 2007-4, Class ES IO,      
0.350%, 07/19/2047   17,326,547 110,890
Series 2005-8, Class 1X IO,      
2.174%, 09/19/2035   7,472,488 481,906
Series 2005-2, Class IX IO,      
2.215%, 05/19/2035   3,356,021 230,726
IndyMac Index Mortgage Loan Trust      
Series 2005-AR18, Class 2X IO,      
1.591%, 10/25/2036   22,416,724 1,333,571
Series 2005-AR18, Class 1X IO,      
1.934%, 10/25/2036   22,057,740 1,589,701
JPMorgan Chase Commercial Mortgage      
Securities Corp., Series 2007-CB18,      
Class A4 5.440%, 06/12/2047   640,000 737,208
Merrill Lynch Mortgage Trust,      
Series 2005-LC1, Class AM      
5.428%, 01/12/2044 (P)   885,000 979,515
Merrill Lynch/Countrywide Commercial      
Mortgage Trust, Series 2006-3,      
Class A4 5.414%, 07/12/2046 (P)   628,000 722,415
Morgan Stanley Mortgage Loan Trust      
Series 2004-8AR, Class 4A1,      
2.828%, 10/25/2034 (P)   566,617 538,603
Series 2004-9, Class 1A,      
5.858%, 11/25/2034 (P)   2,086,305 2,041,423

 

Strategic Income Opportunities Trust (continued)
    Shares or  
    Principal  
    Amount Value
 
 
COLLATERALIZED MORTGAGE      
OBLIGATIONS (continued)      
Commercial & Residential (continued)      
Structured Asset Securities Corp.,      
Series 2003-7A, Class 3A6      
2.790%, 12/25/2033 (P) $ 554,994 $ 550,766
WaMu Mortgage Pass Through      
Certificates, Series 2005-AR13, Class X      
IO 1.417%, 10/25/2045   32,649,882 1,710,661
Wells Fargo Mortgage Backed      
Securities Trust, Series 2004-Z,      
Class 2A1 2.615%, 12/25/2034 (P)   673,403 681,264
U.S. Government Agency - 0.5%      
Federal Home Loan Mortgage Corp.      
Series K705, Class X1 IO,      
1.904%, 09/25/2018   3,827,296 339,676
Series 4077, Class IK IO,      
5.000%, 07/15/2042   1,997,498 576,036
Federal National Mortgage Association      
Series 402, Class 4 IO,      
4.000%, 10/25/2039   669,338 85,000
Series 402, Class 3 IO,      
4.000%, 11/25/2039   633,238 85,915
Series 406, Class 3 IO,      
4.000%, 01/25/2041   630,135 94,422
Series 398, Class C3 IO,      
4.500%, 05/25/2039   432,937 62,588
Series 402, Class 7 IO,      
4.500%, 11/25/2039   743,424 105,587
Series 407, Class 4 IO,      
4.500%, 03/25/2041   1,084,997 156,175
Series 407, Class 7 IO,      
5.000%, 03/25/2041   2,317,219 425,516
Series 407, Class 8 IO,      
5.000%, 03/25/2041   1,117,901 184,122
 
      2,115,037
TOTAL COLLATERALIZED MORTGAGE      
OBLIGATIONS (Cost $13,606,371)   $ 20,528,574
 
ASSET BACKED SECURITIES - 0.4%      
Dominos Pizza Master Issuer LLC,      
Series 2012-1A, Class A2      
5.216%, 01/25/2042 (S)   1,682,288 1,876,079
TOTAL ASSET BACKED SECURITIES (Cost $1,682,288) $ 1,876,079
 
COMMON STOCKS - 4.7%      
Consumer Discretionary - 0.4%      
Charter Communications, Inc., Class A (I)   26,089 $ 1,958,501
Greektown Superholdings, Inc. (I)   269 13,832
Vertis Holdings, Inc. (I)   8,371 0
 
      1,972,333
Energy - 0.2%      
ConocoPhillips   20,310 1,161,326
Financials - 0.9%      
Apollo Investment Corp.   93,723 737,600
Ares Capital Corp.   32,700 560,478
Dundee International   11,025 123,360
MFA Financial, Inc.   144,160 1,225,360
Plum Creek Timber Company, Inc.   16,069 704,465
Weyerhaeuser Company   22,945 599,782
 
      3,951,045
Telecommunication Services - 0.6%      
AT&T, Inc.   35,651 1,344,043

 

365

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Strategic Income Opportunities Trust (continued)
Shares or   
Principal   
Amount  Value
 
COMMON STOCKS (continued)    
Telecommunication Services (continued)    
Verizon Communications, Inc. 29,129 $ 1,327,409
    2,671,452
Utilities - 2.6%    
Alliant Energy Corp. 27,024 1,172,571
Consolidated Edison, Inc. 18,634 1,115,990
Dominion Resources, Inc. 20,890 1,105,917
DTE Energy Company 21,469 1,286,852
Duke Energy Corp. 18,923 1,226,210
Entergy Corp. 16,465 1,141,025
FirstEnergy Corp. 24,538 1,082,126
Northeast Utilities 31,669 1,210,706
OGE Energy Corp. 22,183 1,230,269
Xcel Energy, Inc. 43,256 1,198,624
 
    11,770,290
TOTAL COMMON STOCKS (Cost $18,425,694) $ 21,526,446
 
PREFERRED SECURITIES - 4.9%    
Consumer Discretionary - 0.3%    
General Motors Company,    
Series B, 4.750% 24,832 925,737
Greektown    
Superholdings, Inc., Series A (I) 5,366 385,654
 
    1,311,391
Financials - 3.8%    
Citigroup Capital VIII, 6.950% 3,225 81,141
Citigroup Capital XV, 6.500% 17,450 437,821
Citigroup Capital XVI, 6.450% 25,775 643,086
Citigroup Capital XVII, 6.350% 16,450 410,099
Citizens Funding Trust I, 7.500% 7,000 202,370
FelCor Lodging Trust, Inc.,    
Series A, 1.950% 30,070 799,261
First Tennessee Bank NA, 3.750% (S) 1,615 1,152,706
GMAC Capital Trust I (8.125% to    
02/15/2016, then    
3 month LIBOR + 5.785%) 21,225 532,960
Hartford Financial Services    
Group, Inc., 7.875% 50,575 1,415,594
Health Care REIT, Inc., 6.500% 12,750 702,780
HSBC USA, Inc., 6.500% 10,000 253,700
MetLife, Inc., 5.000% 36,643 2,529,833
Reinsurance Group of America, Inc. 34,301 904,860
U.S. Bancorp (6.500% to 01/15/2022, then    
3 month LIBOR + 4.468%) 64,350 1,872,585
Wells Fargo & Company,    
Series L, 7.500% 2,205 2,729,790
Wintrust Financial Corp., 5.000% 135 143,397
Zions Bancorporation, 7.900% 43,550 1,210,255
Zions Bancorporation, Series C, 9.500% 56,400 1,475,988
 
    17,498,226
Industrials - 0.3%    
Continental Airlines Finance Trust II,    
6.000%, 6.000% 5,800 199,013
United Technologies Corp.,    
7.500%, 7.500% 21,150 1,186,515
 
    1,385,528
Utilities - 0.5%    
PPL Corp., 8.750% 42,715 2,336,511
TOTAL PREFERRED SECURITIES (Cost $22,086,344) $ 22,531,656

 

Strategic Income Opportunities Trust (continued)
    Shares or  
    Principal  
    Amount Value
 
ESCROW CERTIFICATES - 0.0%      
Consumer Discretionary - 0.0%      
Lear Corp., Series B      
8.750%, 12/01/2016 (I)   1,415,000 $ 15,034
SuperMedia, Inc.      
8.000%, 11/15/2016 (I)   2,685,000 0
 
      15,034
TOTAL ESCROW CERTIFICATES (Cost $187) $ 15,034
 
OPTIONS PURCHASED - 0.0%      
Call Options - 0.0%      
Over the Counter Call USD vs. JPY      
(Expiration Date: 01/24/2013; Strike      
Price: $86; Counterparty: Morgan      
Stanley Company, Inc.) (I) $ 13,000,000 $ 16,133
Over the Counter Call USD vs. JPY      
(Expiration Date: 04/19/2013; Strike      
Price: $90; Counterparty: State Street      
Global Markets) (I)   11,600,000 19,917
 
      36,050
TOTAL OPTIONS PURCHASED (Cost $346,340) $ 36,050
 
SHORT-TERM INVESTMENTS - 0.3%      
Repurchase Agreement - 0.3%      
Repurchase Agreement with State      
Street Corp. dated 09/28/2012 at      
0.010% to be repurchased at $1,154,887      
on 10/02/2012, collateralized by      
$1,015,000 Federal National Mortgage      
Association, 0.750% due 04/10/2015      
(valued at $1,021,344, including      
interest) and $115,000 U.S. Treasury      
Bonds, 5.250% due 02/15/2026 (valued      
at $163,052 including interest) $ 1,154,886 $ 1,154,886
TOTAL SHORT-TERM INVESTMENTS (Cost $1,154,886) $ 1,154,886
Total Investments (Strategic Income Opportunities Trust)    
(Cost $424,957,312) - 99.2%   $ 455,139,047
Other assets and liabilities, net - 0.8%     3,836,576
 
TOTAL NET ASSETS - 100.0%   $ 458,975,623
 
 
 
Total Bond Market Trust A    
    Shares or  
    Principal  
    Amount Value
 
U.S. GOVERNMENT & AGENCY      
OBLIGATIONS - 72.7%      
U.S. Government - 35.3%      
U.S. TreasuryBond 3.000%, 05/15/2042 $ 2,000,000 $ 2,076,876
U.S. Treasury Bonds      
4.250%, 05/15/2039   3,000,000 3,892,500
4.375%, 05/15/2041   1,500,000 1,990,079
4.500%, 02/15/2036   5,200,000 6,946,878
4.750%, 02/15/2041   2,000,000 2,806,562
7.875%, 02/15/2021   2,300,000 3,511,093
8.125%, 08/15/2021   1,400,000 2,194,500
9.250%, 02/15/2016   2,150,000 2,789,793
U.S. Treasury Notes      
0.250%, 04/30/2014 to 08/15/2015   40,000,000 39,994,387
0.375%, 04/15/2015   4,800,000 4,810,502
0.625%, 05/31/2017 to 08/31/2017   4,000,000 4,009,295

 

366

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Total Bond Market Trust A (continued)  
    Shares or  
    Principal  
    Amount Value
 
 
U.S. GOVERNMENT & AGENCY      
OBLIGATIONS (continued)      
U.S. Government (continued)      
U.S. Treasury Notes (continued)      
0.875%, 04/30/2017 $ 5,000,000 $ 5,071,875
1.500%, 06/30/2016 to 03/31/2019   12,000,000 12,446,872
1.625%, 08/15/2022   3,200,000 3,197,501
1.875%, 08/31/2017   2,000,000 2,123,282
2.000%, 04/30/2016   5,000,000 5,285,545
2.125%, 05/31/2015   9,500,000 9,959,411
2.625%, 11/15/2020   3,300,000 3,645,470
2.750%, 02/15/2019   7,000,000 7,802,816
3.000%, 09/30/2016   3,420,000 3,763,871
4.250%, 11/15/2017   7,300,000 8,620,847
 
      136,939,955
U.S. Government Agency - 37.4%      
Federal Farm Credit Bank 4.875%, 12/16/2015 1,800,000 2,052,706
Federal Home Loan Bank 5.375%, 05/18/2016 1,700,000 1,994,197
Federal Home Loan Mortgage Corp.      
2.500%, 05/27/2016   850,000 911,639
3.021%, 08/01/2037 (P)   502,035 535,319
3.215%, 02/01/2037 (P)   214,390 228,034
3.500%, 12/01/2025   3,668,937 3,911,718
4.000%, 12/01/2040   4,812,183 5,164,638
4.500%, 07/01/2029 to 11/01/2039   7,774,328 8,371,158
5.000%, 07/01/2035 to 11/01/2036   1,636,359 1,783,467
5.500%, 08/23/2017 to 01/01/2039   7,277,997 8,101,108
6.000%, 10/01/2036 to 10/01/2038   2,861,010 3,151,079
6.500%, 08/01/2037 to 09/01/2038   1,541,485 1,726,398
6.750%, 09/15/2029   1,200,000 1,830,210
7.000%, 11/01/2037 to 10/01/2038   612,516 697,617
Federal National Mortgage Association      
2.313%, 05/01/2036 (P)   301,749 322,503
3.000%, 01/01/2027   4,599,287 4,877,830
3.223%, 04/01/2036 (P)   213,261 228,340
3.500%, 12/01/2025 to 12/01/2040   6,984,696 7,462,260
3.875%, 09/01/2037 (P)   746,256 789,023
4.000%, 03/01/2024 to 02/01/2041   10,787,122 11,604,435
4.375%, 10/15/2015   4,850,000 5,430,336
4.440%, 07/01/2034 (P)   811,439 857,833
4.500%, 06/01/2018 to 01/01/2040   4,981,466 5,381,516
5.000%, 12/01/2018 to 07/01/2039   5,215,765 5,686,451
5.500%, 08/01/2017 to 11/01/2038   13,864,355 15,248,094
6.000%, 08/01/2023 to 10/01/2038   9,974,884 11,076,371
6.500%, 03/01/2037 to 12/01/2037   2,983,732 3,355,922
6.508%, 10/01/2037 (P)   485,250 521,559
7.000%, 10/01/2038   1,080,040 1,231,415
7.250%, 05/15/2030   1,000,000 1,614,656
Government National Mortgage Association      
3.500%, TBA (C)   2,500,000 2,739,258
4.000%, 11/15/2026 to 12/20/2040   5,971,571 6,567,433
4.500%, 06/15/2023 to 10/20/2040   5,954,058 6,589,794
5.000%, 10/15/2023 to 11/20/2039   1,944,296 2,154,800
5.500%, 08/15/2023 to 09/20/2039   2,756,505 3,074,599
6.000%, 07/20/2037 to 10/15/2038   2,844,494 3,215,356
6.500%, 09/20/2037 to 12/15/2038   616,639 702,028
Tennessee Valley Authority      
3.875%, 02/15/2021   600,000 704,739
4.500%, 04/01/2018   820,000 976,595
6.750%, 11/01/2025   1,035,000 1,528,343
The Financing Corp. 8.600%, 09/26/2019   525,000 764,926
 
      145,165,703
TOTAL U.S. GOVERNMENT & AGENCY      
OBLIGATIONS (Cost $265,218,283)   $ 282,105,658

 

Total Bond Market Trust A (continued)  
    Shares or  
    Principal  
    Amount Value
 
 
FOREIGN GOVERNMENT      
OBLIGATIONS - 2.2%      
Brazil - 0.2%      
Federative Republic of Brazil      
6.000%, 01/17/2017 $ 540,000 $ 644,625
Canada - 0.5%      
Province of British Columbia      
6.500%, 01/15/2026   390,000 558,616
Province of New Brunswick      
5.200%, 02/21/2017   300,000 355,181
Province of Nova Scotia      
5.125%, 01/26/2017   370,000 435,835
Province of Quebec      
7.500%, 07/15/2023   310,000 442,407
 
      1,792,039
Chile - 0.1%      
Republic of Chile      
3.875%, 08/05/2020   450,000 509,625
Israel - 0.3%      
Government of Israel      
5.125%, 03/26/2019   440,000 507,405
5.500%, 09/18/2023   380,000 501,340
 
      1,008,745
Japan - 0.3%      
Japan Bank for International Cooperation      
2.250%, 07/13/2016   1,130,000 1,192,952
Mexico - 0.3%      
Government of Mexico      
6.050%, 01/11/2040   930,000 1,239,225
Panama - 0.1%      
Republic of Panama      
6.700%, 01/26/2036   310,000 435,550
Peru - 0.1%      
Republic of Peru      
6.550%, 03/14/2037   250,000 368,125
South Africa - 0.2%      
Republic of South Africa      
5.500%, 03/09/2020   640,000 760,000
Sweden - 0.1%      
Svensk Exportkredit AB      
3.250%, 09/16/2014   450,000 473,076
TOTAL FOREIGN GOVERNMENT      
OBLIGATIONS (Cost $7,413,437)   $ 8,423,962
 
CORPORATE BONDS - 20.7%      
Consumer Discretionary - 1.8%      
CBS Corp.      
4.300%, 02/15/2021   150,000 166,746
Comcast Corp.      
5.700%, 07/01/2019   230,000 281,581
6.500%, 01/15/2015 to 11/15/2035   415,000 509,846
DIRECTV Holdings LLC      
6.375%, 03/01/2041   300,000 351,605
Discovery Communications LLC      
5.625%, 08/15/2019   190,000 229,321
Family Dollar Stores, Inc.      
5.000%, 02/01/2021   250,000 269,861
Ford Motor Credit Company LLC      
5.000%, 05/15/2018   720,000 786,234
Grupo Televisa SAB      
6.625%, 01/15/2040   180,000 237,743
Home Depot, Inc.      
5.875%, 12/16/2036   210,000 277,029

 

367

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Total Bond Market Trust A (continued)  
    Shares or  
    Principal  
    Amount Value
 
 
CORPORATE BONDS (continued)      
Consumer Discretionary (continued)      
Johnson Controls, Inc.      
5.700%, 03/01/2041 $ 150,000 $ 179,022
Lowe’s Companies, Inc.      
5.800%, 10/15/2036   140,000 174,721
McDonald’s Corp.      
3.625%, 05/20/2021   250,000 281,967
5.000%, 02/01/2019   178,000 210,353
NBCUniversal Media LLC      
5.150%, 04/30/2020   230,000 272,622
News America, Inc.      
6.650%, 11/15/2037   265,000 336,636
O’Reilly Automotive, Inc.      
4.875%, 01/14/2021   250,000 278,248
Target Corp.      
6.500%, 10/15/2037   250,000 351,368
The Walt Disney Company      
5.625%, 09/15/2016   250,000 296,305
Time Warner Companies, Inc.      
7.570%, 02/01/2024   240,000 320,694
Time Warner Entertainment Company LP      
8.375%, 07/15/2033   325,000 472,929
Time Warner, Inc.      
7.625%, 04/15/2031   210,000 293,617
Toyota Motor Credit Corp.      
3.400%, 09/15/2021   260,000 281,830
Viacom, Inc.      
4.250%, 09/15/2015   110,000 120,171
 
      6,980,449
Consumer Staples - 2.0%      
Altria Group, Inc.      
4.125%, 09/11/2015   150,000 164,191
Anheuser-Busch InBev Worldwide, Inc.      
6.875%, 11/15/2019   340,000 449,854
7.750%, 01/15/2019   230,000 311,210
Brown-Forman Corp.      
2.500%, 01/15/2016   250,000 263,269
5.000%, 02/01/2014   230,000 243,406
Bunge, Ltd. Finance Corp.      
8.500%, 06/15/2019   160,000 202,755
Campbell Soup Company      
4.500%, 02/15/2019   300,000 345,705
ConAgra Foods, Inc.      
7.000%, 04/15/2019   150,000 188,251
9.750%, 03/01/2021   112,000 156,297
CVS Caremark Corp.      
6.125%, 08/15/2016   230,000 272,603
6.600%, 03/15/2019   190,000 242,851
Dr Pepper Snapple Group, Inc.      
2.900%, 01/15/2016   500,000 529,656
Energizer Holdings, Inc.      
4.700%, 05/19/2021   250,000 264,824
General Mills, Inc.      
5.650%, 02/15/2019   230,000 279,424
Kimberly-Clark Corp.      
7.500%, 11/01/2018   170,000 227,668
Kraft Foods, Inc.      
6.750%, 02/19/2014   540,000 585,134
PepsiCo, Inc.      
4.000%, 03/05/2042   220,000 231,036
5.500%, 01/15/2040   220,000 286,385
Philip Morris International, Inc.      
4.125%, 05/17/2021   260,000 295,085
6.875%, 03/17/2014   200,000 218,510

 

Total Bond Market Trust A (continued)  
    Shares or  
    Principal  
    Amount Value
 
 
CORPORATE BONDS (continued)      
Consumer Staples (continued)      
Safeway, Inc.      
6.250%, 03/15/2014 $ 165,000 $ 176,381
The Clorox Company      
5.950%, 10/15/2017   200,000 240,227
The Kroger Company      
3.900%, 10/01/2015   110,000 119,598
6.400%, 08/15/2017   270,000 326,817
Wal-Mart Stores, Inc.      
1.625%, 04/15/2014   530,000 539,783
7.550%, 02/15/2030   300,000 450,599
Walgreen Company      
5.250%, 01/15/2019   230,000 270,005
 
      7,881,524
Energy - 2.4%      
Anadarko Petroleum Corp.      
6.450%, 09/15/2036   200,000 248,053
Apache Corp.      
3.625%, 02/01/2021   250,000 276,087
Canadian Natural Resources, Ltd.      
6.250%, 03/15/2038   220,000 287,693
Devon Financing Corp. ULC      
7.875%, 09/30/2031   130,000 189,079
Encana Corp.      
6.500%, 08/15/2034   270,000 321,132
Energy Transfer Partners LP      
6.700%, 07/01/2018   250,000 296,909
Ensco PLC      
4.700%, 03/15/2021   300,000 338,912
Enterprise Products Operating LLC      
4.850%, 08/15/2042   230,000 237,071
6.875%, 03/01/2033   130,000 165,882
EOG Resources, Inc.      
4.100%, 02/01/2021   240,000 272,876
Halliburton Company      
6.150%, 09/15/2019   360,000 448,862
Hess Corp.      
8.125%, 02/15/2019   220,000 291,130
Kinder Morgan Energy Partners LP      
5.625%, 02/15/2015   120,000 131,913
6.500%, 09/01/2039   140,000 169,498
Magellan Midstream Partners LP      
6.550%, 07/15/2019   180,000 221,631
Noble Holding International, Ltd.      
7.375%, 03/15/2014   190,000 206,854
Occidental Petroleum Corp.      
4.100%, 02/01/2021   250,000 288,343
ONEOK Partners LP      
6.650%, 10/01/2036   183,000 218,346
Pemex Project Funding Master Trust      
6.625%, 06/15/2035   230,000 288,650
Petro-Canada      
5.950%, 05/15/2035   165,000 201,719
Petrobras International Finance Company      
5.375%, 01/27/2021   400,000 450,800
Petroleos Mexicanos      
5.500%, 01/21/2021   250,000 293,125
Southern Natural Gas Company      
4.400%, 06/15/2021   250,000 268,530
Statoil ASA      
1.800%, 11/23/2016   480,000 498,764
Talisman Energy, Inc.      
7.750%, 06/01/2019   150,000 190,704
The Williams Companies, Inc.      
7.875%, 09/01/2021   153,000 200,644

 

368

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Total Bond Market Trust A (continued)  
    Shares or  
    Principal  
    Amount Value
 
 
CORPORATE BONDS (continued)      
Energy (continued)      
Tosco Corp.      
8.125%, 02/15/2030 $ 273,000 $ 414,881
TransCanada PipeLines, Ltd.      
5.850%, 03/15/2036   320,000 420,739
Valero Energy Corp.      
6.125%, 06/15/2017   245,000 296,516
7.500%, 04/15/2032   240,000 305,197
Weatherford International, Ltd.      
5.500%, 02/15/2016   220,000 241,199
6.000%, 03/15/2018   185,000 211,939
Williams Partners LP      
5.250%, 03/15/2020   310,000 359,301
 
      9,252,979
Financials - 7.0%      
AEGON Funding Company LLC      
5.750%, 12/15/2020   115,000 134,156
African Development Bank      
6.875%, 10/15/2015   110,000 126,017
Allied World Assurance Company, Ltd.      
7.500%, 08/01/2016   210,000 244,275
American Express Company      
8.125%, 05/20/2019   250,000 338,264
American International Group, Inc.      
6.250%, 05/01/2036   370,000 472,489
Asian Development Bank      
5.593%, 07/16/2018   340,000 420,381
Bank of America Corp.      
5.000%, 05/13/2021   270,000 296,842
5.875%, 01/05/2021   290,000 334,634
Bank of Nova Scotia      
2.900%, 03/29/2016   480,000 512,097
Barclays Bank PLC      
5.200%, 07/10/2014   170,000 181,476
BB&T Corp.      
5.200%, 12/23/2015   230,000 257,376
5.700%, 04/30/2014   300,000 323,275
BNP Paribas      
3.250%, 03/11/2015   480,000 500,298
Boston Properties LP      
4.125%, 05/15/2021   240,000 259,716
Capital One Bank USA NA      
8.800%, 07/15/2019   300,000 396,010
Chubb Corp.      
5.750%, 05/15/2018   225,000 278,413
Citigroup, Inc.      
5.875%, 05/29/2037   310,000 364,946
8.500%, 05/22/2019   209,000 276,448
CNA Financial Corp.      
7.350%, 11/15/2019   220,000 273,032
Cooperatieve Centrale Raiffeisen-      
Boerenleenbank BA      
4.500%, 01/11/2021   500,000 559,459
Credit Suisse New York      
5.500%, 05/01/2014   750,000 801,029
Credit Suisse USA, Inc.      
4.875%, 01/15/2015   350,000 378,400
Deutsche Bank AG      
3.250%, 01/11/2016   500,000 529,692
3.875%, 08/18/2014   430,000 451,784
European Investment Bank      
4.625%, 05/15/2014 to 10/20/2015   1,589,000 1,713,471
Fifth Third Bancorp      
3.625%, 01/25/2016   250,000 269,729
5.450%, 01/15/2017   300,000 337,844

 

Total Bond Market Trust A (continued)  
    Shares or  
    Principal  
    Amount Value
 
 
CORPORATE BONDS (continued)      
Financials (continued)      
First Horizon National Corp.      
5.375%, 12/15/2015 $ 270,000 $ 295,393
General Electric Capital Corp.      
6.000%, 08/07/2019   190,000 231,135
6.875%, 01/10/2039   480,000 642,047
Hartford Financial Services Group, Inc.      
5.950%, 10/15/2036   120,000 127,849
HCP, Inc.      
5.375%, 02/01/2021   250,000 285,264
Health Care REIT, Inc.      
4.950%, 01/15/2021   260,000 284,272
Hospitality Properties Trust      
7.875%, 08/15/2014   210,000 226,942
HSBC Holdings PLC      
6.500%, 09/15/2037   455,000 538,704
ING Bank NV      
3.000%, 09/01/2015 (S)   450,000 462,240
International American Development Bank      
2.250%, 07/15/2015   830,000 872,992
7.000%, 06/15/2025   265,000 384,061
International Finance Corp.      
3.000%, 04/22/2014   610,000 636,181
Jefferies Group, Inc.      
5.125%, 04/13/2018   270,000 274,050
KeyCorp      
3.750%, 08/13/2015   230,000 248,079
5.100%, 03/24/2021   250,000 292,413
Kreditanstalt fuer Wiederaufbau      
5.125%, 03/14/2016   480,000 553,584
Lincoln National Corp.      
7.000%, 06/15/2040   150,000 187,106
Merrill Lynch & Company, Inc.      
6.875%, 04/25/2018   217,000 260,052
7.750%, 05/14/2038   355,000 446,277
MetLife, Inc.      
6.750%, 06/01/2016   150,000 179,567
Morgan Stanley      
5.950%, 12/28/2017   435,000 488,723
6.625%, 04/01/2018   503,000 578,052
National Rural Utilities Cooperative      
Finance Corp.      
10.375%, 11/01/2018   180,000 266,423
Northern Trust Corp.      
3.450%, 11/04/2020   240,000 260,551
Oesterreichische Kontrollbank AG      
4.875%, 02/16/2016   245,000 276,747
PartnerRe Finance A LLC      
6.875%, 06/01/2018   250,000 297,114
Plum Creek Timberlands LP      
4.700%, 03/15/2021   150,000 159,855
PNC Funding Corp.      
5.625%, 02/01/2017   230,000 264,837
6.700%, 06/10/2019   230,000 292,638
Prudential Financial, Inc.      
3.875%, 01/14/2015   110,000 116,834
4.750%, 09/17/2015   220,000 242,286
5.375%, 06/21/2020   220,000 254,367
Simon Property Group LP      
5.650%, 02/01/2020   330,000 397,138
5.875%, 03/01/2017   125,000 146,933
SLM Corp.      
8.000%, 03/25/2020   300,000 346,500
SunTrust Banks, Inc.      
6.000%, 09/11/2017   330,000 384,395

 

369

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Total Bond Market Trust A (continued)  
    Shares or  
    Principal  
    Amount Value
 
 
CORPORATE BONDS (continued)      
Financials (continued)      
The Allstate Corp.      
5.950%, 04/01/2036 $ 235,000 $ 304,043
The Bank of New York Mellon Corp.      
2.500%, 01/15/2016   150,000 157,164
The Goldman Sachs Group, Inc.      
5.500%, 11/15/2014   530,000 575,202
6.125%, 02/15/2033   250,000 281,256
6.150%, 04/01/2018   550,000 642,101
The Travelers Companies, Inc.      
5.900%, 06/02/2019   230,000 286,769
6.250%, 06/20/2016   190,000 226,067
U.S. Bank NA (3.778% to 04/29/2015 then      
3 month LIBOR + 2.003%)      
04/29/2020   230,000 244,311
Union Bank NA      
5.950%, 05/11/2016   250,000 285,615
US Bancorp      
2.450%, 07/27/2015   220,000 231,489
Ventas Realty LP      
3.125%, 11/30/2015   150,000 156,327
Vornado Realty LP      
4.250%, 04/01/2015   230,000 243,061
Westpac Banking Corp.      
3.000%, 12/09/2015   370,000 391,953
 
      27,258,512
Health Care - 1.6%      
Abbott Laboratories      
4.125%, 05/27/2020   220,000 253,950
4.350%, 03/15/2014   270,000 285,339
Aetna, Inc.      
3.950%, 09/01/2020   230,000 249,771
AstraZeneca PLC      
5.900%, 09/15/2017   235,000 288,725
Baxter International, Inc.      
5.900%, 09/01/2016   265,000 316,291
Becton, Dickinson and Company      
3.250%, 11/12/2020   240,000 258,913
Bristol-Myers Squibb Company      
6.800%, 11/15/2026   140,000 196,803
Cigna Corp.      
4.000%, 02/15/2022   230,000 247,960
Covidien International Finance SA      
6.000%, 10/15/2017   250,000 307,383
Eli Lilly & Company      
7.125%, 06/01/2025   170,000 235,468
Express Scripts, Inc.      
6.250%, 06/15/2014   150,000 163,410
Gilead Sciences, Inc.      
4.500%, 04/01/2021   270,000 309,672
GlaxoSmithKline Capital, Inc.      
6.375%, 05/15/2038   160,000 228,482
Howard Hughes Medical Institute      
3.450%, 09/01/2014   240,000 253,988
Johnson & Johnson      
2.150%, 05/15/2016   270,000 284,582
5.850%, 07/15/2038   185,000 262,487
Laboratory Corp. of America Holdings      
4.625%, 11/15/2020   280,000 310,765
Life Technologies Corp.      
5.000%, 01/15/2021   250,000 283,790
McKesson Corp.      
4.750%, 03/01/2021   150,000 174,788
Medtronic, Inc.      
5.600%, 03/15/2019   165,000 200,842

 

Total Bond Market Trust A (continued)  
    Shares or  
    Principal  
    Amount Value
 
 
CORPORATE BONDS (continued)      
Health Care (continued)      
Pharmacia Corp.      
6.500%, 12/01/2018 $ 230,000 $ 292,660
St. Jude Medical, Inc.      
4.875%, 07/15/2019   120,000 138,210
UnitedHealth Group, Inc.      
5.800%, 03/15/2036   260,000 314,720
WellPoint, Inc.      
6.375%, 06/15/2037   170,000 210,532
 
      6,069,531
Industrials - 1.6%      
Burlington Northern Santa Fe LLC      
4.700%, 10/01/2019   190,000 219,519
7.000%, 02/01/2014   265,000 287,408
Canadian Pacific Railway Company      
4.450%, 03/15/2023   240,000 263,022
Caterpillar Financial Services Corp.      
6.125%, 02/17/2014   280,000 301,606
CSX Corp.      
3.700%, 10/30/2020   270,000 291,830
6.250%, 04/01/2015   315,000 358,931
Emerson Electric Company      
4.875%, 10/15/2019   170,000 205,963
FedEx Corp.      
3.875%, 08/01/2042   280,000 274,496
Fluor Corp.      
3.375%, 09/15/2021   260,000 276,337
GATX Corp.      
4.750%, 05/15/2015   170,000 182,046
General Dynamics Corp.      
5.250%, 02/01/2014   205,000 217,908
Honeywell International, Inc.      
3.875%, 02/15/2014   225,000 235,531
Ingersoll-Rand Global Holding Company, Ltd.    
6.875%, 08/15/2018   230,000 284,484
Koninklijke Philips Electronics NV      
6.875%, 03/11/2038   250,000 344,236
L-3 Communications Corp.      
4.750%, 07/15/2020   150,000 165,639
Norfolk Southern Corp.      
4.837%, 10/01/2041   240,000 276,191
Pitney Bowes, Inc.      
6.250%, 03/15/2019   130,000 143,114
Snap-On, Inc.      
6.125%, 09/01/2021   240,000 295,638
Tyco Electronics Group SA      
6.550%, 10/01/2017   300,000 362,874
Union Pacific Corp.      
4.000%, 02/01/2021   220,000 247,588
6.625%, 02/01/2029   200,000 275,458
United Technologies Corp.      
6.125%, 02/01/2019   120,000 150,139
Waste Management, Inc.      
7.375%, 03/11/2019   315,000 403,985
 
      6,063,943
Information Technology - 0.9%      
Dell, Inc.      
5.875%, 06/15/2019   150,000 177,550
eBay, Inc.      
3.250%, 10/15/2020   190,000 204,428
Google, Inc.      
3.625%, 05/19/2021   270,000 303,831
Hewlett-Packard Company      
2.125%, 09/13/2015   230,000 233,405

 

370

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Total Bond Market Trust A (continued)  
    Shares or  
    Principal  
    Amount Value
 
 
CORPORATE BONDS (continued)      
Information Technology (continued)      
Hewlett-Packard Company (continued)      
3.750%, 12/01/2020 $ 240,000 $ 239,422
4.750%, 06/02/2014   245,000 258,298
International Business Machines Corp.      
2.000%, 01/05/2016   330,000 344,795
4.000%, 06/20/2042   210,000 229,374
5.600%, 11/30/2039   21,000 28,026
Microsoft Corp.      
2.950%, 06/01/2014   330,000 344,164
Motorola Solutions, Inc.      
6.000%, 11/15/2017   170,000 202,939
Oracle Corp.      
5.750%, 04/15/2018   290,000 359,961
SAIC, Inc.      
4.450%, 12/01/2020   250,000 274,732
XLIT, Ltd.      
5.750%, 10/01/2021   260,000 299,304
 
      3,500,229
Materials - 1.1%      
Agrium, Inc.      
6.750%, 01/15/2019   250,000 312,834
Alcoa, Inc.      
6.750%, 07/15/2018   245,000 283,057
ArcelorMittal      
7.000%, 03/01/2041   160,000 143,972
Barrick North America Finance LLC      
4.400%, 05/30/2021   250,000 272,048
BHP Billiton Finance USA, Ltd.      
6.500%, 04/01/2019   300,000 381,962
Cliffs Natural Resources, Inc.      
4.875%, 04/01/2021   270,000 264,325
CRH America, Inc.      
8.125%, 07/15/2018   170,000 206,783
Newmont Mining Corp.      
4.875%, 03/15/2042   220,000 225,769
Potash Corp. of Saskatchewan, Inc.      
5.625%, 12/01/2040   150,000 191,613
PPG Industries, Inc.      
3.600%, 11/15/2020   240,000 259,024
Praxair, Inc.      
2.450%, 02/15/2022   240,000 241,488
Rio Tinto Finance USA PLC      
4.750%, 03/22/2042   220,000 238,073
Rio Tinto Finance USA, Ltd.      
5.200%, 11/02/2040   250,000 288,808
Teck Resources, Ltd.      
6.250%, 07/15/2041   220,000 239,703
The Dow Chemical Company      
5.700%, 05/15/2018   120,000 144,486
5.900%, 02/15/2015   180,000 200,540
9.400%, 05/15/2039   130,000 210,688
Vale Overseas, Ltd.      
6.875%, 11/10/2039   280,000 326,929
 
      4,432,102
Telecommunication Services - 0.7%      
American Tower Corp.      
4.500%, 01/15/2018   250,000 275,937
AT&T Corp.      
8.000%, 11/15/2031   13,000 19,999
British Telecommunications PLC      
9.625%, 12/15/2030   130,000 211,764
CenturyLink, Inc.      
7.650%, 03/15/2042   220,000 234,618

 

Total Bond Market Trust A (continued)  
    Shares or  
    Principal  
    Amount Value
 
 
CORPORATE BONDS (continued)      
Telecommunication Services (continued)      
Telecom Italia Capital SA      
7.721%, 06/04/2038 $ 230,000 $ 231,150
Telefonica Emisiones SAU      
7.045%, 06/20/2036   230,000 224,250
Telefonica Europe BV      
8.250%, 09/15/2030   250,000 265,000
Verizon Communications, Inc.      
4.600%, 04/01/2021   540,000 640,650
Verizon Wireless Capital LLC      
8.500%, 11/15/2018   190,000 266,271
Vodafone Group PLC      
5.450%, 06/10/2019   240,000 295,216
 
      2,664,855
Utilities - 1.6%      
CenterPoint Energy Resources Corp.      
4.500%, 01/15/2021   169,000 191,653
Consolidated Edison Company of New      
York, Inc.      
7.125%, 12/01/2018   200,000 262,425
Constellation Energy Group, Inc.      
5.150%, 12/01/2020   250,000 293,904
DTE Energy Company      
6.350%, 06/01/2016   170,000 201,016
Duke Energy Carolinas LLC      
6.000%, 01/15/2038   150,000 197,206
7.000%, 11/15/2018   200,000 261,639
Entergy Corp.      
5.125%, 09/15/2020   240,000 259,347
Exelon Generation Company LLC      
6.250%, 10/01/2039   120,000 138,979
Florida Power & Light Company      
5.650%, 02/01/2037   230,000 298,973
Georgia Power Company      
5.950%, 02/01/2039   235,000 308,795
Hydro Quebec      
8.400%, 01/15/2022   150,000 216,302
NextEra Energy Capital Holdings, Inc.      
7.875%, 12/15/2015   205,000 244,908
NiSource Finance Corp.      
6.800%, 01/15/2019   250,000 301,888
Oncor Electric Delivery Company LLC      
7.500%, 09/01/2038   130,000 169,861
Pacific Gas & Electric Company      
6.050%, 03/01/2034   200,000 263,137
PacifiCorp      
6.000%, 01/15/2039   230,000 310,909
Peco Energy Company      
5.000%, 10/01/2014   300,000 325,280
Pennsylvania Electric Company      
5.200%, 04/01/2020   230,000 259,066
Progress Energy, Inc.      
4.400%, 01/15/2021   250,000 280,874
San Diego Gas & Electric Company      
6.125%, 09/15/2037   142,000 198,999
Southern Company      
2.375%, 09/15/2015   400,000 418,833
Southwestern Public Service Company      
8.750%, 12/01/2018   185,000 254,491
Virginia Electric and Power Company      
8.875%, 11/15/2038   120,000 206,811

 

371

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Total Bond Market Trust A (continued)  
    Shares or  
    Principal  
    Amount Value
 
CORPORATE BONDS (continued)      
Utilities (continued)      
Wisconsin Electric Power Company      
6.000%, 04/01/2014 $ 180,000 $ 194,479
      6,059,775
TOTAL CORPORATE BONDS (Cost $68,024,046) $ 80,163,899
 
MUNICIPAL BONDS - 0.9%      
Illinois State Toll Highway Authority      
6.184%, 01/01/2034   150,000 192,305
New York State Dormitory Authority      
5.628%, 03/15/2039   270,000 337,103
New York State Urban Development Corp.      
5.770%, 03/15/2039   240,000 297,607
State of California 7.300%, 10/01/2039   340,000 452,710
State of Illinois 7.350%, 07/01/2035   220,000 265,208
State of Texas 5.517%, 04/01/2039   200,000 263,494
State of Utah      
4.554%, 07/01/2024   220,000 263,303
3.539%, 07/01/2025   310,000 337,903
State of Washington 5.481%, 08/01/2039   220,000 279,701
Texas Transportation Commission      
5.178%, 04/01/2030   250,000 304,200
University of California 5.770%, 05/15/2043 250,000 308,073
TOTAL MUNICIPAL BONDS (Cost $2,734,367) $ 3,301,607
 
COLLATERALIZED MORTGAGE      
OBLIGATIONS - 1.9%      
Commercial & Residential - 1.9%      
Banc of America Commercial Mortgage, Inc.    
Series 2006-5, Class A3,      
5.390%, 09/10/2047   880,000 936,014
Series 2006-1, Class AM,      
5.421%, 09/10/2045 (P)   200,000 220,610
Series 2006-4, Class A4,      
5.634%, 07/10/2046   580,000 668,649
Bear Stearns Commercial Mortgage Securities    
Series 2006-PW11, Class AM,      
5.619%, 03/11/2039 (P)   200,000 218,589
Series 2006-PW12, Class A4,      
5.894%, 09/11/2038 (P)   745,000 857,001
Citigroup/Deutsche Bank Commercial      
Mortgage Trust, Series 2006-CD2,      
Class AM 5.529%, 01/15/2046 (P)   200,000 214,774
Credit Suisse First Boston Mortgage      
Securities Corp., Series 2005-C3, Class A3    
4.645%, 07/15/2037   187,501 195,770
GE Capital Commercial Mortgage Corp.,      
Series 2005-C1, Class A3      
4.578%, 06/10/2048   484,659 491,737
JPMorgan Chase Commercial      
Mortgage Securities Corp.      
Series 2005-CB11, Class A3,      
5.197%, 08/12/2037   435,614 449,540
Series 2005-LDP5, Class A4,      
5.359%, 12/15/2044 (P)   860,000 968,356
Series 2006-LDP8, Class AM,      
5.440%, 05/15/2045   485,000 538,812
Series 2006-LDP8, Class A3B,      
5.447%, 05/15/2045   205,000 205,622
Merrill Lynch Mortgage Trust,      
Series 2008-C1, Class A4      
5.690%, 02/12/2051   460,000 542,214
Morgan Stanley Capital I, Series 2006-T23,    
Class A2 5.918%, 08/12/2041 (P)   188,857 192,105

 

Total Bond Market Trust A (continued)    
    Shares or    
    Principal    
    Amount   Value
 
COLLATERALIZED MORTGAGE        
OBLIGATIONS (continued)        
Commercial & Residential (continued)        
Wachovia Bank Commercial Mortgage Trust,      
Series 2005-C17, Class A4        
5.083%, 03/15/2042 (P) $ 750,000 $ 819,440
TOTAL COLLATERALIZED MORTGAGE      
OBLIGATIONS (Cost $6,616,739)     $ 7,519,233
 
ASSET BACKED SECURITIES - 0.2%        
Chase Issuance Trust, Series 2008-A4,        
Class A4 4.650%, 03/15/2015   485,000   494,721
Mercedes-Benz Auto Receivables Trust,        
Series 2009-1, Class A3        
1.670%, 01/15/2014   119,936   120,243
Volkswagen Auto Loan        
Enhanced Trust 0.850%, 08/22/2016   280,000   281,883
TOTAL ASSET BACKED SECURITIES (Cost $919,580) $ 896,847
 
SHORT-TERM INVESTMENTS - 18.2%      
Money Market Funds - 18.2%        
State Street Institutional U.S. Government        
Money Market Fund, 0.0469% (Y)   70,747,236   70,747,236
TOTAL SHORT-TERM INVESTMENTS (Cost $70,747,236) $ 70,747,236
Total Investments (Total Bond Market Trust A)      
(Cost $421,673,688) - 116.8%     $ 453,158,442
Other assets and liabilities, net - (16.8%)       (65,314,486)
 
TOTAL NET ASSETS - 100.0%     $ 387,843,956
 
 
 
Total Bond Market Trust B      
    Shares or    
    Principal    
    Amount   Value
 
U.S. GOVERNMENT & AGENCY        
OBLIGATIONS - 68.2%        
U.S. Government - 37.7%        
U.S. TreasuryBond 3.000%, 05/15/2042 $ 610,000 $ 633,447
U.S. Treasury Bonds        
3.750%, 08/15/2041   1,100,000   1,316,907
3.875%, 08/15/2040   1,100,000   1,345,782
4.250%, 05/15/2039 to 11/15/2040   1,060,000   1,377,342
4.375%, 02/15/2038 to 05/15/2041   805,000   1,065,069
4.625%, 02/15/2040   1,400,000   1,923,907
7.500%, 11/15/2016   1,270,000   1,633,438
7.875%, 02/15/2021   1,100,000   1,679,218
8.750%, 08/15/2020   1,400,000   2,200,297
9.250%, 02/15/2016   3,550,000   4,606,402
11.250%, 02/15/2015   2,010,000   2,530,715
U.S. Treasury Notes        
0.125%, 12/31/2013   1,200,000   1,198,781
0.250%, 11/30/2013 to 05/31/2014   6,100,000   6,102,740
0.625%, 08/31/2017   2,000,000   2,001,718
1.000%, 10/31/2016 to 03/31/2017   4,550,000   4,642,936
1.250%, 04/30/2019   1,000,000   1,019,297
1.500%, 12/31/2013   500,000   508,047
1.625%, 08/15/2022   2,000,000   1,998,438
1.750%, 01/31/2014   1,760,000   1,795,957
1.875%, 02/28/2014 to 04/30/2014   1,370,000   1,404,839
2.000%, 11/30/2013 to 02/15/2022   5,310,000   5,473,396
2.125%, 11/30/2014 to 05/31/2015   2,500,000   2,607,897
2.625%, 11/15/2020   2,500,000   2,761,720

 

372

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Total Bond Market Trust B (continued)  
    Shares or  
    Principal  
    Amount Value
 
 
U.S. GOVERNMENT & AGENCY      
OBLIGATIONS (continued)      
U.S. Government (continued)      
U.S. Treasury Notes (continued)      
3.000%, 02/28/2017 $ 3,300,000 $ 3,655,780
3.125%, 10/31/2016 to 05/15/2021   2,200,000 2,461,298
3.250%, 06/30/2016   3,650,000 4,033,535
 
      61,978,903
U.S. Government Agency - 30.5%      
Federal Farm Credit Bank      
3.875%, 10/07/2013   300,000 311,123
4.875%, 12/16/2015   300,000 342,118
Federal Home Loan Bank      
3.875%, 06/14/2013   1,320,000 1,354,048
5.500%, 07/15/2036   190,000 263,244
Federal Home Loan Mortgage Corp.      
2.500%, 05/27/2016   330,000 353,931
3.021%, 08/01/2037 (P)   502,035 535,319
3.215%, 02/01/2037 (P)   214,390 228,034
3.500%, 12/01/2025   795,947 848,616
4.000%, 02/01/2024 to 09/01/2040   1,572,478 1,684,899
4.500%, 05/01/2024 to 07/01/2041   1,536,849 1,657,645
5.000%, 06/01/2023 to 10/01/2040   1,336,753 1,462,842
5.500%, 08/23/2017 to 01/01/2038   1,251,291 1,437,183
6.000%, 06/01/2022 to 01/01/2038   213,792 234,822
6.250%, 07/15/2032   450,000 679,818
6.500%, 07/01/2016 to 09/01/2038   347,337 387,595
7.000%, 02/01/2016 to 04/01/2032   69,174 78,657
7.500%, 02/01/2016 to 03/01/2032   30,833 36,081
8.000%, 02/01/2030   4,554 5,382
Federal National Mortgage Association      
2.288%, 01/01/2035 (P)   1,299,909 1,381,089
2.414%, 02/01/2039 (P)   1,607,545 1,687,250
2.913%, 04/01/2037 (P)   1,238,791 1,331,313
3.000%, 01/01/2027   399,938 424,159
3.223%, 04/01/2036 (P)   191,935 205,505
3.500%, 12/01/2040   446,101 478,234
4.000%, TBA (C)   1,000,000 1,077,344
4.000%, 08/01/2020 to 01/01/2042   2,573,171 2,767,023
4.500%, 12/01/2020 to 02/01/2041   4,325,814 4,675,597
5.000%, 07/01/2020 to 04/01/2039   3,930,654 4,307,863
5.500%, 08/01/2021 to 09/01/2036   4,864,262 5,364,925
6.000%, 10/01/2013 to 08/01/2038   2,396,443 2,677,640
6.500%, 02/01/2015 to 02/01/2036   825,252 930,726
7.000%, 12/01/2012 to 10/01/2032   130,318 148,702
7.125%, 01/15/2030   209,000 331,052
7.250%, 05/15/2030   450,000 726,595
7.500%, 10/01/2015 to 08/01/2031   57,717 67,555
8.000%, 08/01/2030 to 09/01/2031   17,374 20,668
8.500%, 09/01/2030   2,755 3,302
Government National Mortgage Association      
4.000%, 11/15/2026 to 10/15/2040   1,605,165 1,768,799
4.500%, 05/15/2019 to 10/20/2040   2,208,213 2,443,868
5.000%, 05/15/2018 to 07/20/2040   1,067,133 1,181,151
5.500%, 11/15/2032 to 01/15/2039   1,440,635 1,613,604
6.000%, 04/15/2017 to 10/15/2038   1,085,597 1,226,726
6.500%, 01/15/2016 to 12/15/2038   307,914 352,189
7.000%, 08/15/2029 to 05/15/2032   105,901 123,041
7.500%, 08/15/2029 to 01/15/2031   35,028 41,052
8.000%, 04/15/2031   9,384 10,512
8.500%, 09/15/2030   6,285 7,523
9.000%, 01/15/2031   3,728 4,546
Tennessee Valley Authority      
3.875%, 02/15/2021   100,000 117,457
6.750%, 11/01/2025   260,000 383,932

 

Total Bond Market Trust B (continued)  
    Shares or  
    Principal  
    Amount Value
 
 
U.S. GOVERNMENT & AGENCY      
OBLIGATIONS (continued)      
U.S. Government Agency (continued)      
The Financing Corp. 8.600%, 09/26/2019 $ 150,000 $ 218,550
 
      50,000,849
TOTAL U.S. GOVERNMENT & AGENCY      
OBLIGATIONS (Cost $104,329,575)   $ 111,979,752
 
FOREIGN GOVERNMENT      
OBLIGATIONS - 2.7%      
Brazil - 0.4%      
Federative Republic of Brazil      
5.875%, 01/15/2019   105,000 130,725
6.000%, 01/17/2017   410,000 489,438
7.125%, 01/20/2037   50,000 75,375
 
      695,538
Canada - 1.0%      
Export Development Canada      
3.500%, 05/16/2013   95,000 96,900
Province of British Columbia      
6.500%, 01/15/2026   100,000 143,235
Province of Manitoba      
9.625%, 12/01/2018   300,000 432,677
Province of New Brunswick      
5.200%, 02/21/2017   80,000 94,715
Province of Nova Scotia      
5.125%, 01/26/2017   85,000 100,124
Province of Ontario      
4.500%, 02/03/2015   350,000 382,305
Province of Quebec      
7.125%, 02/09/2024   150,000 210,669
7.500%, 07/15/2023   100,000 142,712
 
      1,603,337
Chile - 0.0%      
Republic of Chile      
3.875%, 08/05/2020   60,000 67,950
Colombia - 0.1%      
Republic of Colombia      
4.375%, 07/12/2021   150,000 172,725
Israel - 0.1%      
Government of Israel      
5.125%, 03/26/2019   90,000 103,787
5.500%, 09/18/2023   75,000 98,949
 
      202,736
Italy - 0.2%      
Republic of Italy      
6.875%, 09/27/2023   300,000 331,092
Japan - 0.1%      
Japan Bank for International Cooperation      
2.250%, 07/13/2016   120,000 126,685
Mexico - 0.3%      
Government of Mexico      
5.950%, 03/19/2019   415,000 514,600
Panama - 0.1%      
Republic of Panama      
6.700%, 01/26/2036   60,000 84,300
Peru - 0.1%      
Republic of Peru      
7.125%, 03/30/2019   120,000 159,000
Poland - 0.1%      
Republic of Poland      
6.375%, 07/15/2019   110,000 135,850

 

373

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Total Bond Market Trust B (continued)  
    Shares or  
    Principal  
    Amount Value
 
 
FOREIGN GOVERNMENT      
OBLIGATIONS (continued)      
South Africa - 0.1%      
Republic of South Africa      
5.500%, 03/09/2020 $ 100,000 $ 118,750
Sweden - 0.1%      
Svensk Exportkredit AB      
3.250%, 09/16/2014   130,000 136,666
TOTAL FOREIGN GOVERNMENT      
OBLIGATIONS (Cost $3,807,094)   $ 4,349,229
 
CORPORATE BONDS - 22.7%      
Consumer Discretionary - 1.9%      
CBS Corp.      
8.875%, 05/15/2019   80,000 107,249
Comcast Corp.      
5.700%, 07/01/2019   80,000 97,941
COX Communications, Inc.      
9.375%, 01/15/2019 (S)   125,000 170,110
DIRECTV Holdings LLC      
5.150%, 03/15/2042   50,000 50,931
6.375%, 03/01/2041   60,000 70,321
Discovery Communications LLC      
5.625%, 08/15/2019   60,000 72,417
Family Dollar Stores, Inc.      
5.000%, 02/01/2021   55,000 59,369
Ford Motor Credit Company LLC      
5.000%, 05/15/2018   320,000 349,437
Grupo Televisa SAB      
6.625%, 01/15/2040   40,000 52,832
Harley-Davidson Funding Corp.      
5.750%, 12/15/2014 (S)   60,000 65,406
Home Depot, Inc.      
5.875%, 12/16/2036   70,000 92,343
Lowe’s Companies, Inc.      
6.100%, 09/15/2017   180,000 219,290
McDonald’s Corp.      
5.000%, 02/01/2019   50,000 59,088
News America, Inc.      
6.650%, 11/15/2037   175,000 222,307
O’Reilly Automotive, Inc.      
4.875%, 01/14/2021   50,000 55,650
Target Corp.      
6.500%, 10/15/2037   100,000 140,547
TCI Communications, Inc.      
7.125%, 02/15/2028   110,000 144,557
The Walt Disney Company      
5.625%, 09/15/2016   90,000 106,670
Time Warner Cable, Inc.      
4.125%, 02/15/2021   60,000 66,344
Time Warner Companies, Inc.      
7.250%, 10/15/2017   100,000 127,013
Time Warner Entertainment Company LP      
8.375%, 07/15/2033   200,000 291,033
Time Warner, Inc.      
7.625%, 04/15/2031   75,000 104,863
Toyota Motor Credit Corp.      
3.400%, 09/15/2021   60,000 65,038
Viacom, Inc.      
4.250%, 09/15/2015   40,000 43,699
4.500%, 03/01/2021   120,000 136,308
Volkswagen International Finance NV      
2.875%, 04/01/2016 (S)   60,000 63,095
 
      3,033,858

 

Total Bond Market Trust B (continued)  
    Shares or  
    Principal  
    Amount Value
 
 
CORPORATE BONDS (continued)      
Consumer Staples - 2.2%      
Altria Group, Inc.      
8.500%, 11/10/2013 $ 80,000 $ 86,818
9.250%, 08/06/2019   160,000 227,223
9.950%, 11/10/2038   50,000 84,153
Anheuser-Busch InBev Worldwide, Inc.      
6.875%, 11/15/2019   120,000 158,772
7.750%, 01/15/2019   105,000 142,074
Bottling Group LLC      
5.125%, 01/15/2019   105,000 124,799
Brown-Forman Corp.      
2.500%, 01/15/2016   50,000 52,654
5.000%, 02/01/2014   105,000 111,120
ConAgra Foods, Inc.      
5.819%, 06/15/2017   62,000 72,852
9.750%, 03/01/2021   63,000 87,917
CVS Caremark Corp.      
4.125%, 05/15/2021   60,000 68,142
6.125%, 08/15/2016   105,000 124,449
CVS Pass-Through Trust      
8.353%, 07/10/2031 (S)   94,189 127,437
Diageo Capital PLC      
4.828%, 07/15/2020   95,000 111,993
General Mills, Inc.      
5.650%, 02/15/2019   85,000 103,265
Kellogg Company      
4.150%, 11/15/2019   30,000 34,079
Kimberly-Clark Corp.      
7.500%, 11/01/2018   80,000 107,138
Kraft Foods Group, Inc.      
6.125%, 08/23/2018 (S)   66,000 80,859
6.875%, 01/26/2039 (S)   40,000 54,654
Kraft Foods, Inc.      
6.125%, 02/01/2018   24,000 29,309
6.750%, 02/19/2014   85,000 92,104
PepsiCo, Inc.      
4.000%, 03/05/2042   50,000 52,508
5.500%, 01/15/2040   60,000 78,105
Philip Morris International, Inc.      
4.125%, 05/17/2021   60,000 68,097
6.875%, 03/17/2014   90,000 98,330
Safeway, Inc.      
6.350%, 08/15/2017   135,000 152,092
Tate & Lyle International Finance PLC      
5.000%, 11/15/2014 (S)   90,000 95,883
The Clorox Company      
5.950%, 10/15/2017   95,000 114,108
The Coca-Cola Company      
3.150%, 11/15/2020   60,000 65,455
The Kroger Company      
3.900%, 10/01/2015   40,000 43,490
6.400%, 08/15/2017   100,000 121,044
The Procter & Gamble Company      
5.500%, 02/01/2034   50,000 65,761
Wal-Mart Stores, Inc.      
4.125%, 02/01/2019   100,000 114,076
6.200%, 04/15/2038   125,000 172,530
7.550%, 02/15/2030   110,000 165,219
Walgreen Company      
5.250%, 01/15/2019   105,000 123,263
 
      3,611,772
Energy - 2.7%      
Anadarko Petroleum Corp.      
6.450%, 09/15/2036   80,000 99,221

 

374

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Total Bond Market Trust B (continued)  
    Shares or  
    Principal  
    Amount Value
 
 
CORPORATE BONDS (continued)      
Energy (continued)      
Apache Corp.      
6.000%, 09/15/2013 $ 75,000 $ 78,952
BP Capital Markets PLC      
5.250%, 11/07/2013   80,000 84,146
Canadian Natural Resources, Ltd.      
6.250%, 03/15/2038   70,000 91,539
Cenovus Energy, Inc.      
5.700%, 10/15/2019   40,000 48,686
Chevron Corp.      
4.950%, 03/03/2019   90,000 109,147
ConocoPhillips      
5.750%, 02/01/2019   100,000 124,306
DCP Midstream LLC      
9.700%, 12/01/2013 (S)   90,000 97,489
9.750%, 03/15/2019 (S)   95,000 122,133
Devon Financing Corp. ULC      
7.875%, 09/30/2031   40,000 58,178
Enbridge Energy Partners LP      
9.875%, 03/01/2019   125,000 170,281
Energy Transfer Partners LP      
6.500%, 02/01/2042   50,000 57,761
Ensco PLC      
4.700%, 03/15/2021   60,000 67,782
Enterprise Products Operating LLC      
4.850%, 08/15/2042   50,000 51,537
9.750%, 01/31/2014   60,000 66,835
EOG Resources, Inc.      
4.100%, 02/01/2021   60,000 68,219
Hess Corp.      
8.125%, 02/15/2019   60,000 79,399
Kinder Morgan Energy Partners LP      
6.375%, 03/01/2041   60,000 73,408
6.500%, 09/01/2039   40,000 48,428
9.000%, 02/01/2019   60,000 79,568
Nabors Industries, Inc.      
9.250%, 01/15/2019   105,000 137,436
Nexen, Inc.      
6.200%, 07/30/2019   120,000 145,397
Noble Holding International, Ltd.      
6.050%, 03/01/2041   50,000 58,017
7.375%, 03/15/2014   100,000 108,870
Occidental Petroleum Corp.      
4.100%, 02/01/2021   50,000 57,669
ONEOK Partners LP      
6.650%, 10/01/2036   85,000 101,418
Pemex Project Funding Master Trust      
7.375%, 12/15/2014   260,000 294,450
Petro-Canada      
5.950%, 05/15/2035   70,000 85,578
6.050%, 05/15/2018   125,000 152,979
Petrobras International Finance Company      
6.750%, 01/27/2041   80,000 99,403
8.375%, 12/10/2018   90,000 114,743
Petroleos Mexicanos      
5.500%, 01/21/2021   70,000 82,075
Plains All American Pipeline LP      
8.750%, 05/01/2019   60,000 80,692
Shell International Finance BV      
6.375%, 12/15/2038   90,000 129,773
Statoil ASA      
1.800%, 11/23/2016   100,000 103,909
Talisman Energy, Inc.      
3.750%, 02/01/2021   60,000 62,599
6.250%, 02/01/2038   110,000 128,598

 

Total Bond Market Trust B (continued)  
    Shares or  
    Principal  
    Amount Value
 
 
CORPORATE BONDS (continued)      
Energy (continued)      
The Williams Companies, Inc.      
7.875%, 09/01/2021 $ 37,000 $ 48,522
Tosco Corp.      
8.125%, 02/15/2030   110,000 167,168
Total Capital SA      
3.125%, 10/02/2015   40,000 42,949
4.125%, 01/28/2021   40,000 45,594
4.250%, 12/15/2021   60,000 68,933
TransCanada PipeLines, Ltd.      
5.850%, 03/15/2036   85,000 111,759
Valero Energy Corp.      
6.125%, 06/15/2017   100,000 121,027
7.500%, 04/15/2032   30,000 38,150
Weatherford International, Ltd.      
5.500%, 02/15/2016   120,000 131,563
Williams Partners LP      
5.250%, 03/15/2020   90,000 104,313
 
      4,500,599
Financials - 7.5%      
AEGON Funding Company LLC      
5.750%, 12/15/2020   50,000 58,329
African Development Bank      
6.875%, 10/15/2015   35,000 40,096
Allied World Assurance Company, Ltd.      
7.500%, 08/01/2016   115,000 133,770
American Express Company      
8.125%, 05/20/2019   50,000 67,653
American Express Credit Corp.      
7.300%, 08/20/2013   100,000 105,951
American International Group, Inc.      
5.450%, 05/18/2017   120,000 136,848
6.250%, 05/01/2036   60,000 76,620
Asian Development Bank      
5.593%, 07/16/2018   250,000 309,104
Banco Bradesco SA      
4.125%, 05/16/2016 (S)   200,000 210,800
Bank of America Corp.      
5.000%, 05/13/2021   50,000 54,971
5.875%, 01/05/2021   60,000 69,235
6.500%, 08/01/2016   80,000 92,537
Bank of Nova Scotia      
2.900%, 03/29/2016   100,000 106,687
BB&T Corp.      
5.200%, 12/23/2015   105,000 117,498
Berkshire Hathaway Finance Corp.      
4.250%, 01/15/2021   60,000 68,369
5.400%, 05/15/2018   105,000 126,619
Berkshire Hathaway, Inc.      
3.200%, 02/11/2015   120,000 127,292
BNP Paribas      
3.250%, 03/11/2015   120,000 125,075
Boston Properties LP      
4.125%, 05/15/2021   60,000 64,929
BRE Properties, Inc.      
5.200%, 03/15/2021   60,000 68,185
Burlington Northern Santa Fe LLC      
4.400%, 03/15/2042   50,000 52,896
Capital One Financial Corp.      
7.375%, 05/23/2014   110,000 121,072
Chubb Corp.      
5.750%, 05/15/2018   50,000 61,870
Citigroup, Inc.      
5.875%, 02/22/2033   220,000 232,581
8.500%, 05/22/2019   68,000 89,945

 

375

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Total Bond Market Trust B (continued)  
    Shares or  
    Principal  
    Amount Value
 
 
CORPORATE BONDS (continued)      
Financials (continued)      
CNA Financial Corp.      
7.350%, 11/15/2019 $ 60,000 $ 74,463
Credit Suisse USA, Inc.      
4.875%, 01/15/2015   125,000 135,143
Deutsche Bank AG      
3.875%, 08/18/2014   130,000 136,586
4.875%, 05/20/2013   110,000 112,956
Discover Financial Services      
5.200%, 04/27/2022 (S)   120,000 131,510
European Bank For Reconstruction &      
Development      
1.625%, 09/03/2015   70,000 72,293
European Investment Bank      
2.375%, 03/14/2014   210,000 215,926
2.875%, 09/15/2020   200,000 215,428
4.625%, 05/15/2014 to 10/20/2015   305,000 333,448
4.875%, 01/17/2017   200,000 233,566
First Horizon National Corp.      
5.375%, 12/15/2015   50,000 54,702
General Electric Capital Corp.      
6.000%, 08/07/2019   60,000 72,990
6.750%, 03/15/2032   230,000 294,915
6.875%, 01/10/2039   105,000 140,448
Hartford Financial Services Group, Inc.      
5.950%, 10/15/2036   50,000 53,270
Health Care REIT, Inc.      
4.950%, 01/15/2021   60,000 65,601
Hospitality Properties Trust      
7.875%, 08/15/2014   70,000 75,647
HSBC Holdings PLC      
6.500%, 09/15/2037   205,000 242,713
International American Development Bank      
7.000%, 06/15/2025   60,000 86,957
International Bank for Reconstruction &      
Development      
8.625%, 10/15/2016   100,000 130,094
Jefferies Group, Inc.      
5.125%, 04/13/2018   60,000 60,900
JPMorgan Chase & Company      
4.350%, 08/15/2021   110,000 121,267
4.750%, 05/01/2013   125,000 128,168
6.400%, 05/15/2038   125,000 161,845
Kemper Corp.      
6.000%, 11/30/2015   120,000 126,109
KeyCorp      
3.750%, 08/13/2015   60,000 64,716
6.500%, 05/14/2013   125,000 129,435
Kimco Realty Corp.      
6.875%, 10/01/2019   60,000 73,577
Kreditanstalt fuer Wiederaufbau      
4.375%, 03/15/2018   360,000 421,088
5.125%, 03/14/2016   300,000 345,990
Landwirtschaftliche Rentenbank      
5.125%, 02/01/2017   75,000 88,563
Merrill Lynch & Company, Inc.      
6.875%, 04/25/2018 to 11/15/2018   180,000 216,836
7.750%, 05/14/2038   125,000 157,140
MetLife, Inc.      
6.817%, 08/15/2018   190,000 239,136
Moody’s Corp.      
5.500%, 09/01/2020   60,000 66,333
Morgan Stanley      
7.300%, 05/13/2019   110,000 129,820
Nomura Holdings, Inc.      
4.125%, 01/19/2016   110,000 113,713

 

Total Bond Market Trust B (continued)  
    Shares or  
    Principal  
    Amount Value
 
 
CORPORATE BONDS (continued)      
Financials (continued)      
Northern Trust Corp.      
3.450%, 11/04/2020 $ 60,000 $ 65,138
Oesterreichische Kontrollbank AG      
4.875%, 02/16/2016   50,000 56,479
PartnerRe Finance B LLC      
5.500%, 06/01/2020   60,000 66,160
PNC Funding Corp.      
4.250%, 09/21/2015   40,000 43,842
5.625%, 02/01/2017   80,000 92,117
6.700%, 06/10/2019   80,000 101,787
ProLogis LP      
5.625%, 11/15/2016   185,000 206,272
Prudential Financial, Inc.      
3.875%, 01/14/2015   30,000 31,864
4.750%, 04/01/2014 to 09/17/2015   175,000 187,779
5.375%, 06/21/2020   60,000 69,373
Reinsurance Group of America, Inc.      
5.000%, 06/01/2021   50,000 53,310
Royal Bank of Canada      
2.100%, 07/29/2013   160,000 162,318
Senior Housing Properties Trust      
4.300%, 01/15/2016   110,000 113,367
Simon Property Group LP      
5.875%, 03/01/2017   80,000 94,037
SLM Corp.      
7.250%, 01/25/2022   50,000 56,000
8.000%, 03/25/2020   90,000 103,950
SunTrust Banks, Inc.      
6.000%, 09/11/2017   105,000 122,307
The Allstate Corp.      
5.950%, 04/01/2036   100,000 129,380
The Bear Stearns Companies LLC      
7.250%, 02/01/2018   160,000 199,702
The Goldman Sachs Group, Inc.      
5.500%, 11/15/2014   100,000 108,529
6.125%, 02/15/2033   125,000 140,628
6.150%, 04/01/2018   185,000 215,979
7.500%, 02/15/2019   240,000 297,693
The Travelers Companies, Inc.      
5.900%, 06/02/2019   80,000 99,746
Travelers Property Casualty Corp.      
7.750%, 04/15/2026   50,000 71,048
UBS AG      
5.750%, 04/25/2018   185,000 218,062
US Bancorp      
2.450%, 07/27/2015   60,000 63,133
Ventas Realty LP      
4.750%, 06/01/2021   60,000 65,956
Vornado Realty LP      
4.250%, 04/01/2015   60,000 63,407
WEA Finance LLC      
7.500%, 06/02/2014 (S)   150,000 165,292
Wells Fargo & Company      
5.000%, 11/15/2014   105,000 113,276
5.625%, 12/11/2017   185,000 222,166
Westpac Banking Corp.      
3.000%, 12/09/2015   80,000 84,747
Willis North America, Inc.      
7.000%, 09/29/2019   50,000 59,456
Xstrata Finance Canada, Ltd.      
5.800%, 11/15/2016 (S)   105,000 118,655
 
      12,305,179

 

376

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Total Bond Market Trust B (continued)  
    Shares or  
    Principal  
    Amount Value
 
 
CORPORATE BONDS (continued)      
Health Care - 1.5%      
Abbott Laboratories      
4.125%, 05/27/2020 $ 60,000 $ 69,259
4.350%, 03/15/2014   120,000 126,817
Aetna, Inc.      
3.950%, 09/01/2020   60,000 65,158
6.000%, 06/15/2016   105,000 122,989
Amgen, Inc.      
5.150%, 11/15/2041   100,000 111,569
5.700%, 02/01/2019   50,000 59,135
5.750%, 03/15/2040   40,000 46,865
AstraZeneca PLC      
5.900%, 09/15/2017   105,000 129,005
Baxter International, Inc.      
5.900%, 09/01/2016   50,000 59,678
Becton, Dickinson and Company      
3.250%, 11/12/2020   60,000 64,728
Bristol-Myers Squibb Company      
6.800%, 11/15/2026   55,000 77,316
Cigna Corp.      
4.000%, 02/15/2022   50,000 53,904
Covidien International Finance SA      
6.000%, 10/15/2017   110,000 135,248
Eli Lilly & Company      
7.125%, 06/01/2025   80,000 110,808
Gilead Sciences, Inc.      
4.500%, 04/01/2021   60,000 68,816
GlaxoSmithKline Capital, Inc.      
4.375%, 04/15/2014   105,000 111,364
6.375%, 05/15/2038   50,000 71,401
Howard Hughes Medical Institute      
3.450%, 09/01/2014   70,000 74,080
Johnson & Johnson      
2.150%, 05/15/2016   50,000 52,700
5.850%, 07/15/2038   100,000 141,885
Life Technologies Corp.      
5.000%, 01/15/2021   60,000 68,110
Novartis Securities Investment, Ltd.      
5.125%, 02/10/2019   80,000 96,146
Pharmacia Corp.      
6.500%, 12/01/2018   105,000 133,605
Quest Diagnostics, Inc.      
5.450%, 11/01/2015   30,000 33,736
St. Jude Medical, Inc.      
4.875%, 07/15/2019   50,000 57,588
UnitedHealth Group, Inc.      
4.375%, 03/15/2042   50,000 53,483
4.875%, 03/15/2015   12,000 13,206
5.800%, 03/15/2036   40,000 48,418
WellPoint, Inc.      
6.375%, 06/15/2037   175,000 216,724
 
      2,473,741
Industrials - 1.7%      
Burlington Northern Santa Fe LLC      
4.700%, 10/01/2019   60,000 69,322
7.000%, 02/01/2014   125,000 135,570
Canadian Pacific Railway Company      
4.450%, 03/15/2023   60,000 65,756
Caterpillar Financial Services Corp.      
6.125%, 02/17/2014   100,000 107,717
Caterpillar, Inc.      
7.900%, 12/15/2018   95,000 128,802
CSX Corp.      
6.250%, 04/01/2015   100,000 113,946
7.375%, 02/01/2019   105,000 134,399

 

Total Bond Market Trust B (continued)  
    Shares or  
    Principal  
    Amount Value
 
 
CORPORATE BONDS (continued)      
Industrials (continued)      
Emerson Electric Company      
4.875%, 10/15/2019 $ 80,000 $ 96,924
ERAC USA Finance LLC      
5.250%, 10/01/2020 (S)   60,000 68,235
FedEx Corp.      
3.875%, 08/01/2042   140,000 137,248
8.000%, 01/15/2019   50,000 66,742
Fluor Corp.      
3.375%, 09/15/2021   60,000 63,770
General Dynamics Corp.      
5.250%, 02/01/2014   90,000 95,667
Honeywell International, Inc.      
3.875%, 02/15/2014   85,000 88,978
Ingersoll-Rand Global Holding Company, Ltd.    
6.875%, 08/15/2018   110,000 136,057
Northrop Grumman Corp.      
3.500%, 03/15/2021   150,000 161,313
Pitney Bowes, Inc.      
6.250%, 03/15/2019   50,000 55,044
Snap-On, Inc.      
6.125%, 09/01/2021   70,000 86,228
The Boeing Company      
8.750%, 09/15/2031   90,000 143,821
Tyco Electronics Group SA      
6.550%, 10/01/2017   200,000 241,916
Union Pacific Corp.      
4.000%, 02/01/2021   60,000 67,524
6.625%, 02/01/2029   85,000 117,069
United Technologies Corp.      
5.375%, 12/15/2017   100,000 121,677
6.125%, 02/01/2019   125,000 156,395
Waste Management, Inc.      
6.125%, 11/30/2039   50,000 63,047
 
      2,723,167
Information Technology - 0.8%      
Cisco Systems, Inc.      
3.150%, 03/14/2017   60,000 65,798
5.900%, 02/15/2039   80,000 106,076
Dell, Inc.      
4.700%, 04/15/2013   130,000 132,950
eBay, Inc.      
3.250%, 10/15/2020   60,000 64,556
Google, Inc.      
3.625%, 05/19/2021   50,000 56,265
Hewlett-Packard Company      
2.125%, 09/13/2015   60,000 60,888
3.750%, 12/01/2020   60,000 59,856
4.750%, 06/02/2014   95,000 100,156
International Business Machines Corp.      
6.500%, 10/15/2013   140,000 148,917
Microsoft Corp.      
2.950%, 06/01/2014   80,000 83,434
Oracle Corp.      
5.750%, 04/15/2018   145,000 179,981
SAIC, Inc.      
4.450%, 12/01/2020   50,000 54,946
The Western Union Company      
3.650%, 08/22/2018   100,000 110,777
Xerox Corp.      
6.750%, 12/15/2039   60,000 75,115
XLIT, Ltd.      
5.750%, 10/01/2021   50,000 57,559
 
      1,357,274

 

377

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Total Bond Market Trust B (continued)  
    Shares or  
    Principal  
    Amount Value
 
 
CORPORATE BONDS (continued)      
Materials - 1.0%      
Agrium, Inc.      
6.750%, 01/15/2019 $ 100,000 $ 125,134
Alcoa, Inc.      
6.750%, 07/15/2018   100,000 115,534
ArcelorMittal      
5.375%, 06/01/2013   155,000 158,958
6.125%, 06/01/2018   70,000 69,558
7.000%, 03/01/2041   30,000 26,995
Cliffs Natural Resources, Inc.      
4.875%, 04/01/2021   60,000 58,739
CRH America, Inc.      
8.125%, 07/15/2018   50,000 60,819
E.I. du Pont de Nemours & Company      
3.625%, 01/15/2021   180,000 200,274
Newmont Mining Corp.      
4.875%, 03/15/2042   50,000 51,311
POSCO      
4.250%, 10/28/2020 (S)   100,000 106,432
PPG Industries, Inc.      
3.600%, 11/15/2020   60,000 64,756
Rio Tinto Alcan, Inc.      
6.125%, 12/15/2033   100,000 127,528
Rio Tinto Finance USA PLC      
4.750%, 03/22/2042   50,000 54,108
Rio Tinto Finance USA, Ltd.      
6.500%, 07/15/2018   70,000 87,221
Teck Resources, Ltd.      
4.500%, 01/15/2021   70,000 74,042
6.250%, 07/15/2041   50,000 54,478
The Dow Chemical Company      
5.700%, 05/15/2018   50,000 60,203
5.900%, 02/15/2015   60,000 66,847
Vale Overseas, Ltd.      
6.875%, 11/10/2039   70,000 81,732
 
      1,644,669
Telecommunication Services - 1.3%      
America Movil SAB de CV      
5.000%, 03/30/2020   61,000 71,432
American Tower Corp.      
4.500%, 01/15/2018   60,000 66,225
Ameritech Capital Funding Corp.      
6.875%, 10/15/2027   60,000 70,613
AT&T, Inc.      
5.625%, 06/15/2016   80,000 93,702
BellSouth Corp.      
6.875%, 10/15/2031   200,000 249,728
British Telecommunications PLC      
9.625%, 12/15/2030   60,000 97,737
CenturyLink, Inc.      
7.600%, 09/15/2039   50,000 52,931
7.650%, 03/15/2042   50,000 53,322
Deutsche Telekom International Finance BV      
8.750%, 06/15/2030   146,000 219,787
Telecom Italia Capital SA      
7.721%, 06/04/2038   80,000 80,400
Telefonica Europe BV      
8.250%, 09/15/2030   100,000 106,000
Verizon Communications, Inc.      
4.600%, 04/01/2021   110,000 130,503
6.900%, 04/15/2038   190,000 271,481
Verizon Wireless Capital LLC      
7.375%, 11/15/2013   100,000 107,462
8.500%, 11/15/2018   60,000 84,086

 

Total Bond Market Trust B (continued)  
    Shares or  
    Principal  
    Amount Value
 
 
CORPORATE BONDS (continued)      
Telecommunication Services (continued)      
Vodafone Group PLC      
4.375%, 03/16/2021 $ 110,000 $ 128,048
5.375%, 01/30/2015   190,000 210,177
5.450%, 06/10/2019   80,000 98,405
 
      2,192,039
Utilities - 2.1%      
CenterPoint Energy Resources Corp.      
4.500%, 01/15/2021   77,000 87,321
Consolidated Edison Company of New      
York, Inc.      
7.125%, 12/01/2018   95,000 124,652
Constellation Energy Group, Inc.      
5.150%, 12/01/2020   60,000 70,537
Dominion Resources, Inc.      
5.200%, 08/15/2019   110,000 130,891
DTE Energy Company      
6.350%, 06/01/2016   60,000 70,947
Duke Energy Carolinas LLC      
6.000%, 01/15/2038   50,000 65,735
7.000%, 11/15/2018   90,000 117,738
Entergy Corp.      
5.125%, 09/15/2020   70,000 75,643
Entergy Texas, Inc.      
7.125%, 02/01/2019   50,000 61,532
Exelon Generation Company LLC      
6.250%, 10/01/2039   40,000 46,326
FirstEnergy Solutions Corp.      
6.050%, 08/15/2021   60,000 67,322
Florida Power & Light Company      
5.650%, 02/01/2037   60,000 77,993
Georgia Power Company      
5.950%, 02/01/2039   100,000 131,402
Hydro Quebec      
8.400%, 01/15/2022   100,000 144,202
Indiana Michigan Power Company      
6.050%, 03/15/2037   187,000 232,989
NextEra Energy Capital Holdings, Inc.      
7.875%, 12/15/2015   90,000 107,520
NiSource Finance Corp.      
6.800%, 01/15/2019   130,000 156,982
Oncor Electric Delivery Company LLC      
7.500%, 09/01/2038   58,000 75,784
Pacific Gas & Electric Company      
3.500%, 10/01/2020   60,000 66,227
6.050%, 03/01/2034   60,000 78,941
6.250%, 12/01/2013   135,000 143,687
PacifiCorp      
6.000%, 01/15/2039   105,000 141,937
Pennsylvania Electric Company      
5.200%, 04/01/2020   70,000 78,846
PPL WEM Holdings PLC      
5.375%, 05/01/2021 (S)   60,000 66,935
Progress Energy, Inc.      
4.400%, 01/15/2021   55,000 61,792
7.050%, 03/15/2019   50,000 63,357
Public Service Electric & Gas Company      
6.330%, 11/01/2013   120,000 127,596
San Diego Gas & Electric Company      
6.125%, 09/15/2037   60,000 84,084
Southern California Edison Company      
5.350%, 07/15/2035   130,000 161,484
Southern Company      
2.375%, 09/15/2015   100,000 104,708

 

378

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Total Bond Market Trust B (continued)  
    Shares or  
    Principal  
    Amount Value
 
CORPORATE BONDS (continued)      
Utilities (continued)      
Southwestern Public Service Company      
8.750%, 12/01/2018 $ 70,000 $ 96,294
Virginia Electric and Power Company      
3.450%, 09/01/2022   50,000 54,818
8.875%, 11/15/2038   70,000 120,640
Wisconsin Electric Power Company      
6.000%, 04/01/2014   80,000 86,435
 
      3,383,297
TOTAL CORPORATE BONDS (Cost $30,480,883) $ 37,225,595
 
MUNICIPAL BONDS - 0.8%      
Bay Area Toll Authority (California)      
6.907%, 10/01/2050   50,000 71,357
Maryland State Transportation Authority      
5.888%, 07/01/2043   60,000 80,859
Metropolitan Washington Airports Authority    
(District of Columbia)      
7.462%, 10/01/2046   40,000 48,056
New Jersey State Turnpike Authority      
7.102%, 01/01/2041   90,000 129,292
New York State Dormitory Authority      
5.628%, 03/15/2039   70,000 87,397
New York State Urban Development Corp.      
5.770%, 03/15/2039   60,000 74,402
North Carolina Turnpike Authority      
6.700%, 01/01/2039   60,000 69,570
State of California      
7.300%, 10/01/2039   60,000 79,890
7.500%, 04/01/2034   80,000 106,686
State of Illinois      
5.100%, 06/01/2033   115,000 111,567
7.350%, 07/01/2035   60,000 72,329
State of Texas      
5.517%, 04/01/2039   60,000 79,048
State of Utah      
3.539%, 07/01/2025   80,000 87,201
4.554%, 07/01/2024   40,000 47,873
State of Washington      
5.481%, 08/01/2039   40,000 50,855
Texas Transportation Commission      
5.178%, 04/01/2030   60,000 73,008
University of California      
5.770%, 05/15/2043   70,000 86,260
TOTAL MUNICIPAL BONDS (Cost $1,119,028) $ 1,355,650
 
COLLATERALIZED MORTGAGE      
OBLIGATIONS - 4.5%      
Commercial & Residential - 4.5%      
Banc of America Commercial Mortgage, Inc.,    
Series 2006-4, Class A4      
5.634%, 07/10/2046   210,000 242,097
Bear Stearns Commercial Mortgage Securities    
Series 2004-PWR3, Class A4,      
4.715%, 02/11/2041   500,000 519,938
Series 2005-T20, Class A3,      
5.297%, 10/12/2042 (P)   364,257 369,783
Series 2006-PW12, Class A4,      
5.894%, 09/11/2038 (P)   190,000 218,564
Citigroup/Deutsche Bank Commercial      
Mortgage Trust, Series 2006-CD2, Class A4    
5.482%, 01/15/2046 (P)   170,000 191,954
Credit Suisse First Boston Mortgage      
Securities Corp., Series 2005-C3, Class A3    
4.645%, 07/15/2037   28,846 30,118

 

Total Bond Market Trust B (continued)    
    Shares or    
    Principal    
    Amount   Value
 
COLLATERALIZED MORTGAGE        
OBLIGATIONS (continued)        
Commercial & Residential (continued)        
GE Capital Commercial Mortgage Corp.,        
Series 2005-C1, Class A3        
4.578%, 06/10/2048 $ 78,171 $ 79,312
JPMorgan Chase Commercial        
Mortgage Securities Corp.        
Series 2004-CB8, Class A4,        
4.404%, 01/12/2039   400,000   416,742
Series 2005-LDP4, Class A4,        
4.918%, 10/15/2042 (P)   150,000   164,286
Series 2005-CB11, Class A3,        
5.197%, 08/12/2037   264,625   273,085
Series 2005-LDP5, Class A4,        
5.359%, 12/15/2044 (P)   835,000   940,206
Series 2005-CB13, Class A3A1,        
5.467%, 01/12/2043 (P)   80,000   80,077
LB Commercial Conduit Mortgage Trust,        
Series 2007-C3, Class A4        
6.086%, 07/15/2044 (P)   180,000   213,970
Merrill Lynch Mortgage Trust        
Series 2008-C1, Class A4,        
5.690%, 02/12/2051   440,000   518,640
Series 2006-C1, Class AM,        
5.847%, 05/12/2039 (P)   800,000   884,360
Morgan Stanley Capital I        
Series 2011, Class C10,        
5.033%, 09/15/2047 (P)(S)   190,000   226,613
Series 2007-T27, Class A4,        
5.823%, 06/11/2042 (P)   630,000   745,254
Prudential Commercial Mortgage Trust,        
Series 2003-PWR1, Class A2        
4.493%, 02/11/2036   450,000   454,122
Wachovia Bank Commercial Mortgage Trust      
Series 2005-C17, Class A4,        
5.083%, 03/15/2042 (P)   300,000   327,776
Series 2004-C11, Class A5,        
5.215%, 01/15/2041 (P)   500,000   531,549
TOTAL COLLATERALIZED MORTGAGE      
OBLIGATIONS (Cost $6,629,700)     $ 7,428,446
 
ASSET BACKED SECURITIES - 0.2%        
Detroit Edison Securitization Funding LLC,      
Series 2001-1, Class A6        
6.620%, 03/01/2016   250,000   276,046
Mercedes-Benz Auto Receivables Trust,        
Series 2009-1, Class A3        
1.670%, 01/15/2014   17,519   17,564
Volkswagen Auto Loan        
Enhanced Trust 0.850%, 08/22/2016   100,000   100,672
TOTAL ASSET BACKED SECURITIES (Cost $403,318) $ 394,282
 
SHORT-TERM INVESTMENTS - 0.9%        
Money Market Funds - 0.9%        
State Street Institutional U.S. Government        
Money Market Fund, 0.0469% (Y)   1,544,767   1,544,787
TOTAL SHORT-TERM INVESTMENTS (Cost $1,544,787) $ 1,544,787
Total Investments (Total Bond Market Trust B)      
(Cost $148,314,385) - 100.0%     $ 164,277,741
Other assets and liabilities, net - 0.0%       (67,546)
 
TOTAL NET ASSETS - 100.0%     $ 164,210,195

 

379

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Total Return Trust      
    Shares or  
    Principal  
    Amount Value
 
 
U.S. GOVERNMENT & AGENCY      
OBLIGATIONS - 67.5%      
U.S. Government - 17.6%      
Treasury Inflation Protected Securities      
0.125%, 01/15/2022 to 07/15/2022 $ 29,037,371 $ 31,687,630
0.625%, 07/15/2021   5,387,768 6,164,787
0.750%, 02/15/2042   15,209,550 16,521,374
1.125%, 01/15/2021   5,551,114 6,569,399
1.250%, 07/15/2020   11,661,438 13,938,147
1.750%, 01/15/2028   6,671,265 8,640,849
2.000%, 01/15/2026   7,965,153 10,462,356
2.125%, 02/15/2040   10,812,408 15,797,944
2.375%, 01/15/2025 to 01/15/2027   18,117,919 24,830,926
2.500%, 01/15/2029 (F)   19,955,705 28,550,687
3.625%, 04/15/2028   8,924,391 14,163,285
3.875%, 04/15/2029 (F)   7,665,405 12,732,958
U.S. Treasury Bonds      
3.125%, 11/15/2041   2,700,000 2,880,141
U.S. Treasury Notes      
0.250%, 08/31/2014 to 09/30/2014   90,800,000 90,826,559
0.500%, 07/31/2017   48,300,000 48,073,570
0.750%, 06/30/2017 (D)(F)   79,000,000 79,617,148
0.875%, 07/31/2019   35,500,000 35,181,068
1.000%, 06/30/2019 to 09/30/2019   58,700,000 58,619,916
1.125%, 05/31/2019   18,500,000 18,685,000
1.250%, 10/31/2015   4,700,000 4,831,821
1.500%, 08/31/2018 (D)(F)   82,900,000 86,170,654
1.750%, 05/15/2022   4,800,000 4,869,374
3.375%, 11/15/2019   4,000,000 4,639,688
3.625%, 08/15/2019   1,100,000 1,292,500
 
      625,747,781
U.S. Government Agency - 49.9%      
Federal Home Loan Mortgage Corp.      
1.000%, 03/08/2017 to 09/29/2017   46,600,000 47,165,126
1.250%, 05/12/2017 to 10/02/2019   15,300,000 15,359,896
1.750%, 05/30/2019   6,500,000 6,733,909
2.375%, 01/13/2022   4,800,000 5,036,650
2.649%, 01/01/2029 (P)   143,057 152,547
2.799%, 06/01/2034 (P)   236,294 253,942
3.750%, 03/27/2019   2,000,000 2,331,372
4.000%, TBA (C)   27,000,000 29,022,891
4.000%, 09/01/2041   27,895,195 29,938,297
4.500%, TBA (C)   2,000,000 2,151,719
4.500%, 10/01/2025 to 10/01/2041   33,287,020 35,812,557
5.000%, 02/16/2017   1,400,000 1,663,259
5.500%, 08/23/2017 to 07/01/2038   2,822,332 3,118,850
6.000%, 03/01/2016 to 08/01/2038   1,647,786 1,813,011
Federal National Mortgage Association      
0.875%, 08/28/2017   2,700,000 2,713,597
1.125%, 04/27/2017   7,800,000 7,944,347
1.250%, 01/30/2017   16,600,000 17,040,332
1.348%, 06/01/2043 (P)   1,048,708 1,069,563
1.548%, 10/01/2040 (P)   177,343 180,983
2.223%, 09/01/2035 (P)   3,232,168 3,448,665
2.310%, 08/01/2022   700,000 698,124
2.500%, TBA (C)   13,000,000 13,644,843
2.500%, 05/01/2027 to 08/01/2027   5,914,887 6,223,102
2.590%, 07/01/2022   11,967,621 12,338,960
2.640%, 06/01/2022   6,300,000 6,502,945
2.870%, 09/01/2027   1,600,000 1,597,184
2.940%, 07/01/2022   2,653,619 2,809,292
3.000%, TBA (C)   114,000,000 120,498,677
3.156%, 05/01/2022   9,683,409 10,521,065
3.330%, 11/01/2021   394,554 431,545
3.500%, TBA (C)   157,000,000 168,103,197
3.500%, 08/01/2013 to 09/01/2026   1,776,845 1,893,143

 

Total Return Trust (continued)    
    Shares or  
    Principal  
    Amount Value
 
U.S. GOVERNMENT & AGENCY      
OBLIGATIONS (continued)      
U.S. Government Agency (continued)      
Federal National Mortgage      
Association (continued)      
3.910%, 05/01/2036 (P) $ 1,891,904 $ 2,053,753
4.000%, TBA (C)   266,000,000 286,447,801
4.000%, 09/01/2013 to 01/01/2042   75,153,477 80,752,462
4.500%, TBA (C)   196,000,000 212,165,456
4.500%, 11/01/2014 to 01/01/2042   282,071,195 305,356,519
4.736%, 09/01/2035 (P)   192,336 205,352
5.000%, TBA (C)   20,500,000 22,348,202
5.000%, 02/13/2017 to 01/01/2039   7,654,930 8,545,096
5.013%, 05/01/2035 (P)   294,116 317,685
5.375%, 06/12/2017   1,600,000 1,939,920
5.500%, TBA (C)   4,000,000 4,371,641
5.500%, 01/01/2024 to 07/01/2041   189,056,005 207,301,372
6.000%, 12/01/2016 to 01/01/2039   65,716,105 72,803,028
6.500%, 03/01/2036 to 11/01/2037   51,528 57,938
Government National      
Mortgage Association      
1.625%, 09/20/2021 to 02/20/2032 (P)   987,001 1,030,387
1.750%, 05/20/2023 to 05/20/2030 (P)   373,313 386,814
Small Business Administration      
4.504%, 02/01/2014   119,100 122,420
4.880%, 11/01/2024   82,245 90,137
5.130%, 09/01/2023   135,563 150,300
5.520%, 06/01/2024   2,726,180 3,062,134
 
      1,767,722,007
TOTAL U.S. GOVERNMENT & AGENCY      
OBLIGATIONS (Cost $2,347,225,622)   $ 2,393,469,788
 
FOREIGN GOVERNMENT      
OBLIGATIONS - 9.4%      
Brazil - 0.1%      
Federative Republic of Brazil      
10.250%, 01/10/2028 BRL 2,600,000 1,676,902
Canada - 3.6%      
Canada Housing Trust      
2.650%, 03/15/2022 (S) CAD 1,500,000 1,587,458
3.800%, 06/15/2021 (S)   1,800,000 2,078,853
Province of British Columbia      
3.250%, 12/18/2021   300,000 324,532
4.300%, 06/18/2042   400,000 488,223
Province of Ontario      
1.600%, 09/21/2016 $ 100,000 103,405
1.650%, 09/27/2019   7,500,000 7,533,172
3.000%, 07/16/2018   1,800,000 1,970,086
3.150%, 06/02/2022 CAD 12,600,000 13,324,779
4.000%, 06/02/2021   3,000,000 3,399,481
4.200%, 06/02/2020   29,300,000 33,603,652
4.300%, 03/08/2017   1,700,000 1,915,496
4.400%, 04/14/2020 $ 1,100,000 1,305,882
4.600%, 06/02/2039 CAD 1,800,000 2,227,214
4.700%, 06/02/2037   36,400,000 45,179,172
Province of Quebec      
2.750%, 08/25/2021 $ 1,200,000 1,256,642
3.500%, 07/29/2020   600,000 670,939
3.500%, 12/01/2022 CAD 1,500,000 1,610,467
4.250%, 12/01/2021   5,000,000 5,716,916
4.500%, 12/01/2017 to 12/01/2020   3,700,000 4,267,478
 
      128,563,847

 

380

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Total Return Trust (continued)    
    Shares or  
    Principal  
    Amount Value
 
FOREIGN GOVERNMENT      
OBLIGATIONS (continued)      
France - 0.1%      
Societe Financement de l’Economie      
Francaise      
3.375%, 05/05/2014 (S) $ 4,900,000 $ 5,121,460
Italy - 4.1%      
Italy Certificati Di Credito Del Tesoro      
2.662%, 09/30/2014 EUR 21,800,000 26,588,374
Republic of Italy      
2.100%, 09/15/2021   1,907,280 2,158,110
2.500%, 03/01/2015   21,000,000 26,822,509
3.000%, 04/01/2014 to 04/15/2015   5,000,000 6,474,502
3.500%, 06/01/2014   3,600,000 4,711,486
3.750%, 08/01/2015 to 08/01/2016   19,400,000 25,262,342
4.250%, 07/01/2014 to 02/01/2015   15,300,000 20,311,789
4.500%, 07/15/2015   11,400,000 15,237,073
4.750%, 09/15/2016 to 06/01/2017   10,600,000 14,132,568
6.000%, 11/15/2014   3,400,000 4,674,120
 
      146,372,873
Mexico - 0.3%      
Government of Mexico      
6.000%, 06/18/2015 MXN 34,700,000 2,784,446
6.250%, 06/16/2016   33,700,000 2,739,875
6.500%, 06/09/2022   33,000,000 2,788,116
8.000%, 06/11/2020   7,800,000 713,581
10.000%, 12/05/2024   7,500,000 819,449
 
      9,845,467
Panama - 0.0%      
Republic of Panama      
7.250%, 03/15/2015 $ 700,000 801,500
Russia - 0.5%      
Government of Russia      
7.500%, 03/31/2030   12,719,000 16,057,738
South Korea - 0.6%      
Export-Import Bank of Korea      
4.000%, 01/29/2021   1,100,000 1,198,720
4.125%, 09/09/2015   6,400,000 6,892,544
Korea Development Bank      
4.375%, 08/10/2015   9,900,000 10,724,739
Korea Housing Finance Corp.      
4.125%, 12/15/2015 (S)   1,100,000 1,184,998
 
      20,001,001
Spain - 0.1%      
Kingdom of Spain      
4.400%, 01/31/2015 EUR 2,100,000 2,744,454
Spain Government Bond      
3.300%, 10/31/2014   100,000 127,958
 
      2,872,412
Turkey - 0.0%      
Export Credit Bank of Turkey      
5.875%, 04/24/2019 (S) $ 1,500,000 1,650,750
TOTAL FOREIGN GOVERNMENT      
OBLIGATIONS (Cost $314,019,988)   $ 332,963,950
 
CORPORATE BONDS - 21.4%      
Consumer Discretionary - 1.4%      
Banque PSA Finance SA      
2.361%, 04/04/2014 (P)(S)   5,400,000 5,293,825
Caesars Operating Escrow LLC      
9.000%, 02/15/2020 (S)   3,000,000 3,030,000

 

Total Return Trust (continued)    
    Shares or  
    Principal  
    Amount Value
 
CORPORATE BONDS (continued)      
Consumer Discretionary (continued)      
Comcast Cable Communications      
Holdings, Inc.      
8.375%, 03/15/2013 $ 200,000 $ 207,111
Daimler Finance North America LLC      
0.972%, 03/28/2014 (P)(S)   1,750,000 1,753,306
1.599%, 09/13/2013 (P)(S)   2,500,000 2,517,523
Ford Motor Credit Company LLC      
5.875%, 08/02/2021   800,000 905,278
7.000%, 04/15/2015   800,000 896,000
8.000%, 06/01/2014 to 12/15/2016   1,200,000 1,425,519
8.700%, 10/01/2014   500,000 567,619
President and Fellows of Harvard College      
6.500%, 01/15/2039 (S)   21,300,000 32,712,966
 
      49,309,147
Energy - 1.6%      
AK Transneft OJSC      
8.700%, 08/07/2018 (S)   1,300,000 1,690,000
Cameron International Corp.      
1.351%, 06/02/2014 (P)   3,500,000 3,497,666
El Paso Corp.      
7.750%, 01/15/2032   5,475,000 6,381,720
Gazprom OAO      
5.092%, 11/29/2015 (S)   300,000 319,875
6.212%, 11/22/2016 (S)   2,070,000 2,300,391
6.510%, 03/07/2022   3,000,000 3,526,500
7.201%, 02/01/2020   31,988 36,035
9.625%, 03/01/2013   100,000 103,304
10.500%, 03/08/2014   1,000,000 1,115,000
Novatek OAO      
5.326%, 02/03/2016 (S)   1,100,000 1,171,775
Peabody Energy Corp.      
7.875%, 11/01/2026   1,200,000 1,278,000
Petrobras International Finance Company      
3.875%, 01/27/2016   9,100,000 9,627,573
5.875%, 03/01/2018   10,000,000 11,395,300
Petroleos Mexicanos      
5.500%, 01/21/2021 to 06/27/2044   9,000,000 10,494,500
Ras Laffan Liquefied Natural Gas      
Company, Ltd. III      
5.838%, 09/30/2027 (S)   1,500,000 1,732,500
 
      54,670,139
Financials - 16.6%      
Allstate Life Global Funding Trusts      
5.375%, 04/30/2013   3,000,000 3,087,087
Ally Financial, Inc.      
3.638%, 02/11/2014 (P)   600,000 603,708
4.625%, 06/26/2015   1,200,000 1,230,596
6.750%, 12/01/2014   2,000,000 2,140,000
7.500%, 09/15/2020   100,000 114,750
8.000%, 11/01/2031   5,100,000 5,878,357
8.300%, 02/12/2015   2,600,000 2,879,500
American Express Centurion Bank      
5.550%, 10/17/2012   2,500,000 2,504,980
American Express Company      
7.000%, 03/19/2018   18,500,000 23,419,335
American Express Credit Corp.      
5.875%, 05/02/2013   2,800,000 2,887,895
American International Group, Inc.      
4.900%, 06/02/2014 CAD 6,100,000 6,375,496
5.050%, 10/01/2015 $ 800,000 876,494
5.450%, 05/18/2017   400,000 456,160
5.850%, 01/16/2018   1,300,000 1,508,261
8.250%, 08/15/2018   200,000 257,244

 

381

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Total Return Trust (continued)    
    Shares or  
    Principal  
    Amount Value
 
CORPORATE BONDS (continued)      
Financials (continued)      
American International Group, Inc.      
(8.175% to 05/15/2038, then 3 month      
LIBOR + 4.195%)      
05/15/2058 $ 12,500,000 $ 15,296,875
ANZ National International, Ltd.      
6.200%, 07/19/2013 (S)   3,900,000 4,053,859
Australia & New Zealand Banking      
Group, Ltd.      
2.125%, 01/10/2014 (S)   4,700,000 4,753,350
Banco Nacional de Desenvolvimento      
Economico e Social      
4.125%, 09/15/2017 (S) EUR 1,100,000 1,496,248
Banco Santander Brasil SA      
4.500%, 04/06/2015 (S) $ 600,000 615,750
Bank of America Corp.      
6.000%, 09/01/2017   7,095,000 8,208,418
6.500%, 08/01/2016   15,700,000 18,160,331
Bank of America NA      
6.000%, 10/15/2036   1,400,000 1,645,146
Bank of China Hong Kong, Ltd.      
5.550%, 02/11/2020 (S)   1,200,000 1,344,702
Bank of Montreal      
1.950%, 01/30/2017 (S)   2,000,000 2,095,932
2.850%, 06/09/2015 (S)   2,200,000 2,337,940
Bank of Nova Scotia      
1.650%, 10/29/2015 (S)   2,400,000 2,478,480
Barclays Bank PLC      
2.375%, 01/13/2014   5,400,000 5,488,047
2.500%, 01/23/2013   11,700,000 11,772,727
BBVA Bancomer SA      
4.500%, 03/10/2016 (S)   1,400,000 1,477,000
6.500%, 03/10/2021 (S)   2,900,000 3,176,950
BNP Paribas SA      
1.358%, 01/10/2014 (P)   9,300,000 9,303,395
BPCE SA      
2.375%, 10/04/2013 (S)   900,000 902,700
CIT Group, Inc.      
5.250%, 04/01/2014 (S)   1,000,000 1,042,500
Citigroup, Inc.      
0.678%, 06/09/2016 (P)   9,600,000 8,872,118
2.438%, 08/13/2013 (P)   2,700,000 2,736,088
4.875%, 05/07/2015   2,500,000 2,658,708
5.300%, 10/17/2012   1,600,000 1,603,061
5.500%, 04/11/2013   10,900,000 11,166,930
5.850%, 07/02/2013   1,000,000 1,036,181
6.000%, 08/15/2017   72,000 83,883
6.125%, 08/25/2036   4,200,000 4,565,303
8.500%, 05/22/2019   1,182,000 1,563,453
Credit Suisse New York      
2.200%, 01/14/2014   2,200,000 2,236,716
Dexia Credit Local SA      
0.814%, 03/05/2013 (P)(S)   25,700,000 25,502,158
0.927%, 04/29/2014 (P)(S)   11,400,000 11,218,758
1.400%, 09/20/2013   7,300,000 7,299,883
2.750%, 04/29/2014 (S)   1,000,000 1,009,350
2.750%, 04/29/2014   7,500,000 7,570,125
Fifth Third Bancorp      
0.799%, 12/20/2016 (P)   1,800,000 1,710,565
General Electric Capital Corp.      
5.875%, 01/14/2038   4,200,000 5,010,642
6.875%, 01/10/2039   20,100,000 26,885,700
General Electric Capital Corp. (5.500% to      
09/15/2017, then 3 month      
EURIBOR + 2.000%)      
09/15/2067 (S) EUR 12,700,000 15,993,729

 

Total Return Trust (continued)    
    Shares or  
    Principal  
    Amount Value
 
CORPORATE BONDS (continued)      
Financials (continued)      
HSBC Bank PLC      
2.000%, 01/19/2014 (S) $ 2,300,000 $ 2,322,184
HSBC Holdings PLC      
6.500%, 05/02/2036 to 09/15/2037   2,900,000 3,418,864
ING Bank NV      
2.000%, 10/18/2013 (S)   1,200,000 1,211,866
2.650%, 01/14/2013 (S)   600,000 602,580
International Lease Finance Corp.      
5.750%, 05/15/2016   800,000 848,332
6.750%, 09/01/2016 (S)   2,100,000 2,359,875
Intesa Sanpaolo SpA      
2.831%, 02/24/2014 (P)(S)   5,300,000 5,220,982
JPMorgan Chase & Company      
0.475%, 09/26/2013 (P) EUR 500,000 643,102
JPMorgan Chase & Company (7.900% to      
04/30/2018, then 3 month      
LIBOR + 3.470%)      
04/30/2018 (Q) $ 1,700,000 1,930,741
LBG Capital No.1 PLC (8.500% to      
12/17/2021, then 3 month      
LIBOR + 6.921%)      
12/17/2021 (Q)(S)   700,000 644,000
Lloyds TSB Bank PLC (12.000% to      
12/16/2024, then 3 month      
LIBOR + 11.750%)      
12/16/2024 (Q)(S)   14,700,000 16,485,315
Merrill Lynch & Company, Inc.      
6.400%, 08/28/2017   4,300,000 5,003,532
6.875%, 04/25/2018   9,100,000 10,905,413
MetLife, Inc.      
6.400%, 12/15/2036   1,300,000 1,365,170
Monumental Global Funding III      
5.500%, 04/22/2013 (S)   2,300,000 2,350,448
Morgan Stanley      
0.917%, 01/16/2017 (P) EUR 3,400,000 3,955,942
2.937%, 05/14/2013 (P) $ 9,400,000 9,492,628
Murray Street Investment Trust I      
4.647%, 03/09/2017   6,800,000 7,303,798
National Australia Bank, Ltd.      
5.350%, 06/12/2013 (S)   3,300,000 3,406,220
National Bank of Canada      
2.200%, 10/19/2016 (S)   400,000 423,082
Nationwide Building Society      
6.250%, 02/25/2020 (S)   5,000,000 5,736,505
Nordea Bank AB      
2.125%, 01/14/2014 (S)   1,000,000 1,011,151
Pacific LifeCorp.      
6.000%, 02/10/2020 (S)   1,200,000 1,335,030
Pricoa Global Funding I      
0.564%, 09/27/2013 (P)(S)   3,300,000 3,289,763
Principal Life Income Funding Trusts      
5.300%, 04/24/2013   2,700,000 2,773,937
5.550%, 04/27/2015   4,300,000 4,770,420
Qatari Diar Finance QSC      
5.000%, 07/21/2020 (S)   900,000 1,028,250
Regions Bank      
7.500%, 05/15/2018   36,000 42,480
Resona Bank, Ltd. (5.850% to 04/15/2016,      
then 3 month LIBOR + 2.770%)      
04/15/2016 (Q)(S)   700,000 749,956
RZD Capital, Ltd.      
5.739%, 04/03/2017   3,100,000 3,435,048
Santander US Debt SAU      
2.991%, 10/07/2013 (S)   9,500,000 9,484,895

 

382

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Total Return Trust (continued)    
    Shares or  
    Principal  
    Amount Value
 
CORPORATE BONDS (continued)      
Financials (continued)      
SLM Corp.      
5.375%, 05/15/2014 $ 1,300,000 $ 1,369,254
6.250%, 01/25/2016   7,400,000 8,029,000
State Bank of India/London      
4.500%, 07/27/2015 (S)   2,900,000 3,017,653
Stone Street Trust      
5.902%, 12/15/2015 (S)   7,500,000 7,887,150
Sumitomo Mitsui Banking Corp.      
1.950%, 01/14/2014 (S)   2,100,000 2,128,377
The Bear Stearns Companies LLC      
7.250%, 02/01/2018   43,600,000 54,418,773
The Goldman Sachs Group, Inc.      
5.950%, 01/18/2018   8,200,000 9,524,415
6.150%, 04/01/2018   3,000,000 3,502,368
The Royal Bank of Scotland PLC      
1.102%, 09/29/2015 (P)   600,000 533,400
1.235%, 10/14/2016 (P)   800,000 674,400
UBS AG      
5.750%, 04/25/2018   2,400,000 2,828,914
5.875%, 12/20/2017   2,600,000 3,078,423
Vnesheconombank      
5.450%, 11/22/2017 (S)   1,200,000 1,305,312
Wells Fargo & Company, Series K      
(7.980% to 03/15/2018, then 3 month      
LIBOR + 3.770%)      
03/15/2018 (Q)   73,900,000 84,892,625
Westpac Banking Corp.      
3.585%, 08/14/2014 (S)   2,700,000 2,839,541
 
      588,174,678
Health Care - 0.0%      
Amgen, Inc.      
3.625%, 05/15/2022   1,400,000 1,476,380
Industrials - 0.5%      
Caterpillar, Inc.      
0.605%, 05/21/2013 (P)   12,800,000 12,821,478
Noble Group, Ltd.      
6.750%, 01/29/2020   2,800,000 2,968,000
Odebrecht Drilling Norbe VIII/IX, Ltd.      
6.350%, 06/30/2021 (S)   1,067,000 1,199,842
Sydney Airport Finance      
Company Pty, Ltd.      
5.125%, 02/22/2021 (S)   600,000 650,600
 
      17,639,920
Information Technology - 0.4%      
Hewlett-Packard Company      
0.711%, 05/24/2013 (P)   14,800,000 14,800,311
Materials - 0.6%      
Braskem Finance, Ltd.      
5.750%, 04/15/2021 (S)   1,200,000 1,272,000
Corporacion Nacional del Cobre de Chile      
6.150%, 10/24/2036 (S)   400,000 513,224
CSN Islands XI Corp.      
6.875%, 09/21/2019 (S)   5,000,000 5,575,000
CSN Resources SA      
6.500%, 07/21/2020 (S)   4,300,000 4,633,250
Gerdau Holdings, Inc.      
7.000%, 01/20/2020 (S)   2,800,000 3,234,000
Gerdau Trade, Inc.      
5.750%, 01/30/2021 (S)   900,000 976,500
Rohm & Haas Company      
6.000%, 09/15/2017   2,100,000 2,510,722
Vale Overseas, Ltd.      
6.250%, 01/23/2017   700,000 809,680

 

Total Return Trust (continued)    
    Shares or  
    Principal  
    Amount Value
 
CORPORATE BONDS (continued)      
Materials (continued)      
Vale Overseas, Ltd. (continued)      
6.875%, 11/21/2036 $ 700,000 $ 811,331
 
      20,335,707
Telecommunication Services - 0.0%      
Qtel International Finance, Ltd.      
3.375%, 10/14/2016 (S)   200,000 208,800
4.750%, 02/16/2021 (S)   300,000 332,700
 
      541,500
Utilities - 0.3%      
ENN Energy Holdings, Ltd.      
6.000%, 05/13/2021 (S)   600,000 673,463
Nisource Finance Corp.      
6.125%, 03/01/2022   4,800,000 5,896,162
SteelRiver Transmission Company LLC      
4.710%, 06/30/2017 (S)   3,620,612 3,725,211
 
      10,294,836
TOTAL CORPORATE BONDS (Cost $689,037,479) $ 757,242,618
 
CAPITAL PREFERRED SECURITIES - 0.2%    
Financials - 0.2%      
MUFG Capital Finance 5, Ltd. (6.299% to      
01/25/2017, then 6 month GBP      
LIBOR + 2.060%)      
01/25/2017 (Q) GBP 700,000 1,209,259
RBS Capital Trust I (4.709% to      
07/01/2013, then 3 month      
LIBOR + 1.865%)      
07/01/2013 (Q) $ 2,100,000 1,302,000
State Street Capital Trust IV      
1.389%, 06/15/2037 (P)   600,000 444,457
UBS Preferred Funding Trust V (6.243%      
to 05/15/2016, then 3 month      
LIBOR + 1.615%)      
05/15/2016 (Q)   5,400,000 5,319,000
USB Capital IX      
3.500%, 04/15/2017 (P)(Q)   500,000 428,445
 
      8,703,161
TOTAL CAPITAL PREFERRED      
SECURITIES (Cost $9,153,702)   $ 8,703,161
 
MUNICIPAL BONDS - 4.5%      
American Municipal Power, Inc. (Ohio)      
8.084%, 02/15/2050   2,700,000 3,983,013
Bay Area Toll Authority (California)      
7.043%, 04/01/2050   4,200,000 6,114,234
California Infrastructure & Economic      
Development Bank      
6.486%, 05/15/2049   1,100,000 1,361,910
California State University      
6.484%, 11/01/2041   2,000,000 2,477,440
Chicago Transit Authority (Illinois)      
6.200%, 12/01/2040   1,300,000 1,466,777
Chicago Transit Authority,      
Series A (Illinois)      
6.300%, 12/01/2021   200,000 226,994
6.899%, 12/01/2040   3,400,000 4,125,118
Chicago Transit Authority,      
Series B (Illinois)      
6.300%, 12/01/2021   400,000 453,988
6.899%, 12/01/2040   3,300,000 4,003,791
City of Los Angeles (California)      
5.713%, 06/01/2039   1,000,000 1,222,900

 

383

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Total Return Trust (continued)    
    Shares or  
    Principal  
    Amount Value
 
MUNICIPAL BONDS (continued)      
City of North Las Vegas (Nevada)      
6.572%, 06/01/2040 $ 11,600,000 $ 13,497,760
County of Clark (Nevada)      
6.820%, 07/01/2045   2,200,000 3,153,986
Illinois Municipal Electric Agency      
6.832%, 02/01/2035   2,700,000 3,258,684
Iowa Tobacco Settlement Authority,      
Series A      
6.500%, 06/01/2023   330,000 315,193
Los Angeles County Public Works      
Financing Authority (California)      
7.618%, 08/01/2040   800,000 1,081,360
7.488%, 08/01/2033   500,000 653,860
Los Angeles Unified School      
District (California)      
4.500%, 07/01/2022   6,200,000 7,068,372
6.758%, 07/01/2034   3,300,000 4,396,293
New Jersey State Turnpike Authority      
7.414%, 01/01/2040   12,000,000 17,861,280
New York City Municipal Water Finance      
Authority (New York)      
6.011%, 06/15/2042   1,000,000 1,398,420
6.282%, 06/15/2042   5,100,000 6,017,133
5.882%, 06/15/2044   5,100,000 6,999,954
New York State Dormitory Authority      
5.000%, 03/15/2031   1,000,000 1,193,710
New York State Thruway Authority      
5.000%, 01/01/2042   9,100,000 10,270,806
New York State Urban Development Corp.      
5.000%, 03/15/2027   2,295,000 2,751,521
North Carolina Turnpike Authority      
6.700%, 01/01/2039   3,000,000 3,478,500
Northern Tobacco Securitization Corp.      
(Alaska)      
5.000%, 06/01/2046   12,000,000 9,676,080
Pennsylvania Turnpike Commission      
5.000%, 12/01/2028   2,295,000 2,721,388
Public Power Generation Agency      
(Nebraska)      
7.242%, 01/01/2041   500,000 599,885
State of California      
7.600%, 11/01/2040   2,600,000 3,609,164
7.500%, 04/01/2034   1,300,000 1,733,642
5.650%, 04/01/2039 (P)   1,200,000 1,231,332
7.550%, 04/01/2039   1,300,000 1,774,370
State of Iowa      
6.750%, 06/01/2034   6,400,000 7,586,368
State of Washington - Series C      
5.000%, 06/01/2041   7,800,000 8,912,982
State Of Wisconsin      
5.050%, 05/01/2018   200,000 233,044
Tobacco Settlement Financing Corp.      
(Rhode Island)      
6.250%, 06/01/2042   500,000 507,455
University of California      
6.548%, 05/15/2048   7,300,000 9,631,255
6.398%, 05/15/2031   500,000 642,525
TOTAL MUNICIPAL BONDS (Cost $130,167,182) $ 157,692,487
 
TERM LOANS (M) - 0.2%      
Financials - 0.2%      
Springleaf Finance Funding Company      
5.500%, 05/10/2017   7,100,000 6,945,575
TOTAL TERM LOANS (Cost $7,070,856)   $ 6,945,575

 

Total Return Trust (continued)    
    Shares or  
    Principal  
    Amount Value
 
COLLATERALIZED MORTGAGE      
OBLIGATIONS - 5.4%      
Commercial & Residential - 4.6%      
American Home Mortgage      
Investment Trust, Series 2004-4,      
Class 4A      
2.709%, 02/25/2045 (P) $ 709,082 $ 686,379
Arran Residential      
Mortgages Funding PLC      
Series 2010-1A, Class A1B,      
1.545%, 05/16/2047 (P)(S) EUR 263,602 339,214
Series 2010-1A, Class A2B,      
1.745%, 05/16/2047 (P)(S)   5,200,000 6,812,970
Banc of America Large Loan, Inc.,      
Series 2010-HLTN, Class HLTN      
1.971%, 11/15/2015 (P)(S) $ 2,499,310 2,496,471
Bank of America Funding Corp.      
Series 2005-D, Class A1,      
2.614%, 05/25/2035 (P)   1,184,298 1,224,946
Series 2004-A, Class 1A3,      
5.539%, 09/20/2034 (P)   221,629 228,054
Bank of America      
Mortgage Securities Trust      
Series 2004-2, Class 5A1,      
6.500%, 10/25/2031   10,562 11,136
Series 2004-1, Class 5A1,      
6.500%, 09/25/2033   89,287 94,143
BCAP LLC Trust      
Series 2011-RR4, Class 8A1,      
5.250%, 02/26/2036 (S)   3,425,001 3,422,394
Series 2011-RR5, Class 5A1,      
5.250%, 08/26/2037 (S)   8,879,667 8,764,231
Series 2011-RR5, Class 12A1,      
5.492%, 03/26/2037 (P)(S)   600,000 484,500
Bear Stearns Adjustable      
Rate Mortgage Trust      
Series 2005-2, Class A1,      
2.570%, 03/25/2035 (P)   10,882,238 10,967,152
Series 2004-6, Class 1A1,      
2.817%, 09/25/2034 (P)   86,783 72,067
Series 2002-11, Class 1A2,      
2.911%, 02/25/2033 (P)   122,228 111,047
Series 2003-8, Class 2A1,      
2.931%, 01/25/2034 (P)   646,654 653,741
Series 2004-7, Class 1A1,      
2.999%, 10/25/2034 (P)   61,782 51,255
Series 2004-3, Class 1A2,      
3.101%, 07/25/2034 (P)   52,365 49,986
Series 2004-9, Class 22A1,      
3.399%, 11/25/2034 (P)   749,522 756,573
Bear Stearns Alt-A Trust      
Series 2006-8, Class 3A1,      
0.377%, 02/25/2034 (P)   1,718,871 1,603,667
Series 2005-4, Class 23A1,      
2.890%, 05/25/2035 (P)   2,290,285 2,050,700
Series 2004-9, Class 2A1,      
2.969%, 09/25/2034 (P)   93,087 78,531
Series 2005-7, Class 22A1,      
3.006%, 09/25/2035 (P)   1,328,409 1,072,777
Bear Stearns Commercial      
Mortgage Securities      
Series 2007-T26, Class A4,      
5.471%, 01/12/2045 (P)   2,000,000 2,323,710
Series 2007-PW18, Class A4,      
5.700%, 06/11/2050   5,200,000 6,164,590

 

384

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Total Return Trust (continued)    
    Shares or  
    Principal  
    Amount Value
 
COLLATERALIZED MORTGAGE      
OBLIGATIONS (continued)      
Commercial & Residential (continued)      
Citigroup Mortgage Loan Trust, Inc.      
Series 2005-6, Class A1,      
2.230%, 09/25/2035 (P) $ 10,139,338 $ 10,031,120
Series 2005-11, Class A2A,      
2.570%, 10/25/2035 (P)   459,164 422,696
Countrywide Alternative Loan Trust      
Series 2007-OA6, Class A1B,      
0.417%, 06/25/2037 (P)   10,988,609 8,267,521
Series 2003-J3, Class 2A1,      
6.250%, 12/25/2033   29,705 30,806
Countrywide Home Loan Mortgage      
Pass Through Trust      
Series 2005-3, Class 1A2,      
0.507%, 04/25/2035 (P)   339,653 255,397
Series 2004-22, Class A3,      
2.657%, 11/25/2034 (P)   1,933,098 1,761,586
Series 2004-HYB9, Class 1A1,      
2.722%, 02/20/2035 (P)   3,390,876 3,088,515
Series 2005-HYB9, Class 3A2A,      
2.809%, 02/20/2036 (P)   510,472 433,577
Series 2004-12, Class 11A2,      
3.012%, 08/25/2034 (P)   57,419 49,592
Series 2003-R4, Class 2A,      
6.500%, 01/25/2034 (P)(S)   145,023 145,138
Credit Suisse First Boston Mortgage      
Securities Corp., Series 2004-AR8,      
Class 2A1      
2.875%, 09/25/2034 (P)   203,626 204,181
Credit Suisse Mortgage      
Capital Certificates      
Series 2007-C5, Class A4,      
5.695%, 09/15/2040 (P)   11,200,000 12,722,886
Series 2006-C2, Class A3,      
5.855%, 03/15/2039 (P)   700,000 782,692
European Loan Conduit, Series 25X,      
Class A      
0.495%, 05/15/2019 (P) EUR 303,640 357,027
First Nationwide Trust, Series 2001-3,      
Class 1A1 ,      
6.750%, 08/21/2031 $ 2,812 2,902
GMAC Mortgage Corp Loan Trust,      
Series 2005-AR6, Class 3A1      
4.915%, 11/19/2035 (P)   527,371 491,253
Greenpoint Mortgage Funding Trust,      
Series 2006-AR8, Class 1A1A      
0.297%, 01/25/2047 (P)   16 16
Greenwich Capital      
Commercial Funding Corp.      
Series 2005-GG3, Class A4,      
4.799%, 08/10/2042 (P)   300,000 323,041
Series 2007-GG9, Class A4,      
5.444%, 03/10/2039   1,600,000 1,827,075
GS Mortgage Securities Corp. II,      
Series 2007-EOP, Class A1      
1.103%, 03/06/2020 (P)(S)   3,081,293 3,080,137
GSR Mortgage Loan Trust,      
Series 2005-AR7, Class 6A1      
5.138%, 11/25/2035 (P)   1,791,447 1,793,534
Harborview Mortgage Loan Trust,      
Series 2005-2, Class 2A1A      
0.439%, 05/19/2035 (P)   488,500 358,686
Holmes Master Issuer PLC,      
Series 2011-1A, Class A3      
1.847%, 10/15/2054 (P)(S) EUR 2,900,000 3,776,924

 

Total Return Trust (continued)    
    Shares or  
    Principal  
    Amount Value
 
 
COLLATERALIZED MORTGAGE      
OBLIGATIONS (continued)      
Commercial & Residential (continued)      
HomeBanc Mortgage Trust, Series 2005-4,      
Class A1      
0.487%, 10/25/2035 (P) $ 7,407,777 $ 5,370,935
Impac CMB Trust, Series 2004-6,      
Class 1A2      
0.997%, 10/25/2034 (P)   11,779,196 10,381,870
IndyMac ARM Trust, Series 2001-H2,      
Class A2      
1.815%, 01/25/2032 (P)   6,795 6,108
JPMorgan Chase Commercial      
Mortgage Securities Corp.      
Series 2010-C2, Class A3,      
4.070%, 11/15/2043 (S)   5,000,000 5,612,930
Series 2007-LDPX, Class A3,      
5.420%, 01/15/2049   500,000 575,334
Series 2007-LD12, Class A4,      
5.882%, 02/15/2051 (P)   1,200,000 1,412,114
JPMorgan Mortgage Trust      
Series 2005-A1, Class 6T1,      
5.003%, 02/25/2035 (P)   474,168 483,240
Series 2005-S3, Class 1A2,      
5.750%, 01/25/2036   260,957 242,785
Mellon Residential Funding Corp.,      
Series 2000-TBC2, Class A1      
0.701%, 06/15/2030 (P)   1,303,596 1,307,265
Merrill Lynch Mortgage Investors, Inc.      
Series 2005-A10, Class A,      
0.427%, 02/25/2036 (P)   1,010,472 853,139
Series 2005-3, Class 5A,      
0.467%, 11/25/2035 (P)   899,266 807,234
Series 2005-A6, Class 2A3,      
0.597%, 08/25/2035 (P)   3,200,000 2,564,013
Series 2005-2, Class 3A,      
1.231%, 10/25/2035 (P)   469,953 454,152
Merrill Lynch/Countrywide Commercial      
Mortgage Trust, Series 2007-6,      
Class A4      
5.485%, 03/12/2051 (P)   1,300,000 1,477,512
Morgan Stanley Capital I Trust      
Series 2007-IQ14, Class A2FX,      
5.610%, 04/15/2049   2,681,950 2,818,982
Series 2007-IQ16, Class A4,      
5.809%, 12/12/2049   400,000 474,586
Morgan Stanley Re-REMIC Trust,      
Series 2009-GG10, Class A4A      
5.983%, 08/12/2045 (P)(S)   1,300,000 1,527,273
Nomura Asset Acceptance Corp.,      
Series 2004-R1, Class A2      
7.500%, 03/25/2034 (S)   205,340 218,028
Prime Mortgage Trust      
Series 2004-CL1, Class 2A2,      
0.617%, 02/25/2019 (P)   12,691 12,426
Series 2004-CL1, Class 1A2,      
0.617%, 02/25/2034 (P)   237,532 215,046
RBSSP Resecuritization Trust      
Series 2011-4, Class 6A1,      
0.457%, 06/27/2036 (P)(S)   3,200,000 1,805,846
Series 2011-3, Class 2A1,      
0.467%, 02/26/2037 (P)(S)   4,471,386 3,743,279
Residential Funding Mortgage      
Securities I Trust, Series 2004-S9,      
Class 1A23      
5.500%, 12/25/2034   300,000 294,158

 

385

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Total Return Trust (continued)    
    Shares or  
    Principal  
    Amount Value
 
COLLATERALIZED MORTGAGE      
OBLIGATIONS (continued)      
Commercial & Residential (continued)      
Sovereign Commercial Mortgage      
Securities Trust, Series 2007-C1,      
Class A2      
6.026%, 07/22/2030 (P)(S) $ 160,722 $ 164,250
Structured Adjustable Rate Mortgage      
Loan Trust, Series 2004-8, Class 3A      
2.788%, 07/25/2034 (P)   171,995 168,432
Structured Asset      
Mortgage Investments, Inc.      
Series 2005-AR2, Class 2A1,      
0.447%, 05/25/2045 (P)   43,542 31,188
Series 2005-AR5, Class A3,      
0.469%, 07/19/2035 (P)   1,988,905 1,926,328
Structured Asset Securities Corp.      
Series 2002-1A, Class 4A,      
2.514%, 02/25/2032 (P)   17,183 17,480
Series 2001-21A, Class 1A1,      
2.603%, 01/25/2032 (P)   18,693 15,626
Series 2006-11, Class A1,      
2.835%, 10/28/2035 (P)(S)   857,753 750,129
Wachovia Bank      
Commercial Mortgage Trust      
Series 2007-WHL8, Class A1,      
0.301%, 06/15/2020 (P)(S)   3,091,574 2,962,145
Series 2006-WL7A, Class A1,      
0.311%, 09/15/2021 (P)(S)   3,838,178 3,714,140
WaMu Mortgage Pass-      
Through Certificates      
Series 2005-AR6, Class 2A1A,      
0.447%, 04/25/2045 (P)   46,612 43,301
Series 2005-AR13, Class A1A1,      
0.507%, 10/25/2045 (P)   460,833 416,906
Series 2005-AR2, Class 2A1A,      
0.527%, 01/25/2045 (P)   26,992 25,818
Series 2002-AR17, Class 1A,      
1.348%, 11/25/2042 (P)   207,457 192,140
Series 2002-AR6, Class A,      
1.548%, 06/25/2042 (P)   8,274 7,716
Series 2002-AR9, Class 1A,      
1.548%, 08/25/2042 (P)   706,752 654,891
Series 2002-AR2, Class A,      
2.344%, 02/27/2034 (P)   75,972 77,044
Washington Mutual MSC Mortgage Pass-      
Through CTFS, Series 2003-AR1,      
Class 2A      
2.257%, 02/25/2033 (P)   96,808 93,776
Wells Fargo Mortgage      
Backed Securities Trust      
Series 2004-CC, Class A1,      
2.615%, 01/25/2035 (P)   1,638,351 1,633,823
Series 2006-AR2, Class 2A1,      
2.617%, 03/25/2036 (P)   2,169,606 2,071,568
Series 2006-AR2, Class 2A5,      
2.617%, 03/25/2036 (P)   6,508,818 5,896,820
 
      164,248,312
U.S. Government Agency - 0.8%      
Federal Home Loan Mortgage Corp.      
Series 3335, Class BF,      
0.371%, 07/15/2019 (P)   1,227,193 1,228,118
Series 3335, Class FT,      
0.371%, 08/15/2019 (P)   3,131,255 3,133,685
Series 3149, Class LF,      
0.521%, 05/15/2036 (P)   1,462,530 1,465,789

 

Total Return Trust (continued)    
    Shares or  
    Principal  
    Amount Value
 
COLLATERALIZED MORTGAGE      
OBLIGATIONS (continued)      
U.S. Government Agency (continued)      
Federal Home Loan Mortgage Corp. (continued)    
Series T-63, Class 1A1,      
1.348%, 02/25/2045 (P) $ 205,796 $ 200,024
Series 2901, Class UB,      
5.000%, 03/15/2033   708,040 731,989
Series 2906, Class GZ,      
5.000%, 09/15/2034   441,632 516,980
Series 2935, Class HJ,      
5.000%, 02/15/2035   400,000 455,234
Series 2941, Class WE,      
5.000%, 03/15/2035   400,000 445,141
Series 2489, Class PE,      
6.000%, 08/15/2032   456,894 513,209
Series 2503, Class PZ,      
6.000%, 09/15/2032   1,845,115 2,069,412
Series 2362, Class ZA,      
6.500%, 09/15/2031   446,051 515,411
Series 2204, Class Z,      
7.500%, 12/20/2029   548,036 644,778
Series 2247, Class Z,      
7.500%, 08/15/2030   287,060 340,477
Federal National Mortgage Association      
Series 2007-73, Class A1,      
0.277%, 07/25/2037 (P)   141,772 135,948
Series 2004-11, Class A,      
0.337%, 03/25/2034 (P)   29,583 29,395
Series 2007-30, Class AF,      
0.527%, 04/25/2037 (P)   1,978,243 1,983,096
Series 2004-W2, Class 1A3F,      
0.567%, 02/25/2044 (P)   48,356 48,093
Series 2003-116, Class FA,      
0.617%, 11/25/2033 (P)   164,141 165,266
Series 2005-75, Class FL,      
0.667%, 09/25/2035 (P)   3,848,413 3,864,419
Series 2006-5, Class 3A2,      
2.675%, 05/25/2035 (P)   233,791 249,216
Series 2005-9, Class ZA,      
5.000%, 02/25/2035   729,958 826,959
Series 2002-56, Class ZQ,      
6.000%, 09/25/2032   5,966,960 6,765,285
Series 2004-T1, Class 1A1,      
6.000%, 01/25/2044   130,834 147,833
Series 2003-W1, Class 1A1,      
6.215%, 12/25/2042 (P)   354,698 409,055
Government National      
Mortgage Association      
Series 2004-105, Class JZ,      
5.000%, 12/20/2034   147,211 151,785
Series 2005-3, Class JZ,      
5.000%, 01/16/2035   146,600 153,280
Series 2005-3, Class KZ,      
5.000%, 01/16/2035   146,600 153,251
Series 2005-21, Class Z,      
5.000%, 03/20/2035   1,163,087 1,363,389
 
      28,706,517
TOTAL COLLATERALIZED MORTGAGE      
OBLIGATIONS (Cost $188,038,125)   $ 192,954,829
 
ASSET BACKED SECURITIES - 1.6%      
Bear Stearns Asset Backed      
Securities Trust, Series 2007-HE5,      
Class 1A1      
0.307%, 06/25/2047 (P)   304,842 296,232

 

386

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Total Return Trust (continued)    
    Shares or  
    Principal  
    Amount Value
 
ASSET BACKED SECURITIES (continued)    
Countrywide Asset Backed Certificates,      
Series 2005-14, Class 3A3      
0.567%, 04/25/2036 (P) $ 2,718,270 $ 2,374,760
Duane Street CLO I, Ltd.,      
Series 2005-1A, Class A      
0.689%, 11/08/2017 (P)(S)   23,548,411 23,289,002
EMC Mortgage Loan Trust,      
Series 2001-A Class A      
0.587%, 05/25/2040 (P)(S)   794,040 709,999
GSRPM Mortgage Loan Trust,      
Series 2003-1, Class A2      
0.917%, 01/25/2032 (P)   3,831 3,805
Hillmark Funding, Series 2006-1A,      
Class A1      
0.685%, 05/21/2021 (P)(S)   10,800,000 10,449,205
Long Beach Mortgage Loan Trust,      
Series 2004-4, Class 1A1      
0.777%, 10/25/2034 (P)   86,584 71,904
Mastr Asset Backed Securities Trust,      
Series 2007-HE1, Class A1      
0.297%, 05/25/2037 (P)   239,393 234,576
Penta CLO SA, Series 2007-1X, Class A1      
1.166%, 06/04/2024 (P) EUR 1,065,138 1,292,132
SLC Student Loan Trust, Series 2009-AA,      
Class A      
4.750%, 06/15/2033 (P)(S) $ 653,059 626,936
SLM Student Loan Trust      
Series 2008-9, Class A,      
1.951%, 04/25/2023 (P)   14,425,443 15,015,574
Series 2010-C, Class A2,      
2.871%, 12/16/2019 (P)(S)   1,000,000 1,013,889
Soundview Home Equity Loan Trust,      
Series 2007-OPT1, Class 2A1      
0.297%, 06/25/2037 (P)   915,068 879,026
TOTAL ASSET BACKED SECURITIES (Cost $55,072,579) $ 56,257,040
 
PREFERRED SECURITIES - 0.2%      
Financials - 0.2%      
DG Funding Trust, 2.829% (S)   981 $ 8,527,372
TOTAL PREFERRED SECURITIES (Cost $10,336,921) $ 8,527,372
 
SHORT-TERM INVESTMENTS - 15.2%      
Certificate of Deposit - 0.6%      
Intesa Sanpaolo SpA      
2.375%, 12/21/2012* $ 21,100,000 $ 20,849,332
Commercial Paper - 1.0%      
Itau Unibanco SA      
1.600%, 11/05/2012 *   23,000,000 22,964,506
1.600%, 11/13/2012 *   11,700,000 11,677,818
 
      34,642,324
U.S. Government - 0.1%      
U.S. Treasury Bill      
0.066%, 07/25/2013 * (D)   250,000 249,670
0.123%, 03/14/2013 * (D)   1,885,000 1,883,948
0.132%, 03/07/2013 * (D)(F)   1,451,000 1,450,201
0.132%, 01/31/2013 * (D)   105,000 104,951
0.133%, 02/28/2013 * (D)   830,000 829,542
0.153%, 02/07/2013 *   42,000 41,980
5.918%, 08/22/2013 *   390,000 389,437
 
      4,949,729
Foreign Government - 12.1%      
Japan Treasury Discount Bill      
0.098%, 11/05/2012 * JPY 5,030,000,000 64,448,390

 

Total Return Trust (continued)    
    Shares or  
    Principal  
    Amount Value
 
SHORT-TERM INVESTMENTS (continued)    
Foreign Government (continued)      
Japan Treasury Discount Bill (continued)      
0.099%, 10/22/2012 * JPY 8,940,000,000 $ 114,550,566
0.103%, 10/29/2012 *   4,640,000,000 59,452,408
Mexico Cetes      
4.310%, 11/22/2012 * MXN 373,800,000 2,886,654
4.380%, 10/11/2012 *   506,000,000 3,925,036
4.380%, 12/27/2012 *   450,600,000 3,463,372
4.385%, 11/01/2012 *   4,229,000,000 32,723,147
4.400%, 10/04/2012 *   741,000,000 5,752,706
4.400%, 10/25/2012 *   1,973,000,000 15,286,147
4.470%, 11/29/2012 *   4,261,000,000 32,858,867
5.055%, 10/18/2012 *   6,967,400,000 54,001,647
5.269%, 11/15/2012 *   2,236,670,000 17,277,534
Republic of Italy      
1.506%, 02/28/2013 * EUR 3,300,000 4,216,492
2.180%, 08/14/2013 *   2,600,000 3,288,390
Spain Letras Del Tesoro      
2.230%, 06/21/2013 *   2,500,000 3,138,091
2.777%, 09/20/2013 *   8,300,000 10,326,090
 
      427,595,537
Repurchase Agreement - 1.4%      
Bank of America Repurchase Agreement      
dated 09/28/2012 at 0.220% to be      
repurchased at $8,300,152 on      
10/01/2012, collateralized by      
$8,335,000 U.S. Treasury Note, 0.875%      
due 02/28/2017 (valued at $8,473,480,      
including interest)      
  $ 8,300,000 8,300,000
Citigroup Repurchase Agreement dated      
09/28/2012 at 0.280% to be repurchased      
at $5,500,128 on 10/01/2012,      
collateralized by $5,595,000 Federal      
National Mortgage Association 0.790%      
due 04/24/2015 (valued at $5,596,175,      
including interest)      
    5,500,000 5,500,000
Goldman Sachs Group Inc., Repurchase      
agreement dated 09/28/2012 at 0.210%      
to be repurchased at $4,100,072 on      
10/01/2012, collateralized by      
$3,929,280 Federal Home Loan      
Mortgage Corp., 4.500% due      
02/01/2041 (valued at $4,237,220,      
including interest)      
    4,100,000 4,100,000
Royal Bank of Canada Repurchase      
Agreement dated 09/28/2012 at 0.290%      
to be repurchased at $29,500,713 on      
10/01/2012, collateralized by      
$29,443,000 U.S. Treasury Note,      
1.000% due 08/31/2016 (valued at      
$30,100,638, including interest)      
    29,500,000 29,500,000

 

387

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Total Return Trust (continued)    
  Shares or  
  Principal  
  Amount Value
 
 
SHORT-TERM INVESTMENTS (continued)    
Repurchase Agreement (continued)    
Repurchase Agreement with State    
Street Corp. dated 09/28/2012 at    
0.010% to be repurchased at $2,350,002    
on 10/01/2012, collateralized by    
$2,290,000 U.S. Treasury Note, 1.750%    
due 05/31/2016 (valued at $2,401,638,    
including interest)    
$ 2,350,000 $ 2,350,000
    49,750,000
TOTAL SHORT-TERM INVESTMENTS (Cost $532,734,150) $ 537,786,922
Total Investments (Total Return Trust)    
(Cost $4,282,856,604) - 125.6% $ 4,452,543,742
Other assets and liabilities, net - (25.6%)   (907,221,597)
TOTAL NET ASSETS - 100.0% $ 3,545,322,145
 
SALE COMMITMENTS OUTSTANDING - (1.3)%    
U.S. Government Agency - (1.3)%    
Federal National Mortgage Association    
4.000%, TBA (C) (6,000,000) (6,383,361)
5.500%, TBA (C) (25,000,000) (27,406,248)
6.000%, TBA (C) (11,000,000) (12,148,985)
 
    (45,938,594)
TOTAL SALE COMMITMENTS    
OUTSTANDING (Cost $(45,943,048)) $ (45,938,594)
 
 
 
Total Stock Market Index Trust    
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS - 96.9%    
Consumer Discretionary - 12.2%    
Auto Components - 0.4%    
Allison Transmission Holdings, Inc. (L) 4,234 $ 85,188
American Axle &    
Manufacturing Holdings, Inc. (I) 1,888 21,278
Autoliv, Inc. 2,125 131,686
BorgWarner, Inc. (I)(L) 2,566 177,336
Cooper Tire & Rubber Company 1,549 29,710
Dana Holding Corp. 3,498 43,025
Dorman Products, Inc. (I)(L) 912 28,737
Drew Industries, Inc. (I) 570 17,220
Exide Technologies (I) 2,107 6,532
Federal-Mogul Corp. (I) 2,412 22,070
Fuel Systems Solutions, Inc. (I)(L) 460 7,907
Gentex Corp. (L) 3,389 57,647
Gentherm, Inc. (I) 736 9,156
Icahn Enterprises LP 1,945 79,123
Johnson Controls, Inc. 16,063 440,126
Lear Corp. 2,313 87,408
Modine Manufacturing Company (I) 1,044 7,705
Motorcar Parts of America, Inc. (I) 567 2,739
Shiloh Industries, Inc. 268 3,007
Spartan Motors, Inc. 1,002 5,010
Standard Motor Products, Inc. 572 10,536
Stoneridge, Inc. (I) 507 2,520
Superior Industries International, Inc. 742 12,681
Tenneco, Inc. (I) 1,435 40,180
The Goodyear Tire & Rubber Company (I) 5,784 70,507
Tower International, Inc. (I) 347 2,675

 

Total Stock Market Index Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Auto Components (continued)    
TRW Automotive Holdings Corp. (I) 2,912 $ 127,284
UQM Technologies, Inc. (I) 2,453 2,845
Visteon Corp. (I) 1,239 55,086
WABCO Holdings, Inc. (I) 1,550 89,389
Williams Controls, Inc. 340 3,570
 
    1,679,883
Automobiles - 0.5%    
Ford Motor Company 89,716 884,600
General Motors Company (I) 36,941 840,408
Harley-Davidson, Inc. 5,398 228,713
Tesla Motors, Inc. (I)(L) 2,474 72,439
Thor Industries, Inc. 1,235 44,855
Winnebago Industries, Inc. (I)(L) 865 10,925
 
    2,081,940
Distributors - 0.1%    
Core-Mark Holding Company, Inc. 254 12,220
Genuine Parts Company (L) 3,696 225,567
LKQ Corp. (I) 7,012 129,722
Pool Corp. 1,076 44,740
VOXX International Corp. (I) 569 4,256
Weyco Group, Inc. 202 4,919
 
    421,424
Diversified Consumer Services - 0.2%    
American Public Education, Inc. (I) 453 16,503
Apollo Group, Inc., Class A (I) 2,959 85,959
Ascent Capital Group, Inc., Class A (I) 363 19,606
Bridgepoint Education, Inc. (I)(L) 1,143 11,601
Capella Education Company (I) 323 11,324
Career Education Corp. (I) 1,814 6,839
Carriage Services, Inc. 297 2,872
Coinstar, Inc. (I)(L) 754 33,915
Collectors Universe, Inc. 107 1,501
Corinthian Colleges, Inc. (I) 2,076 4,941
DeVry, Inc. (L) 1,612 36,689
Education Management Corp. (I)(L) 3,020 9,392
Grand Canyon Education, Inc. (I) 1,133 26,659
H&R Block, Inc. 6,810 118,017
Hillenbrand, Inc. 1,394 25,357
ITT Educational Services, Inc. (I)(L) 608 19,596
K12, Inc. (I) 824 16,645
Learning Tree International, Inc. (I) 519 2,642
Lincoln Educational Services Corp. 678 2,848
Mac-Gray Corp. 473 6,343
Matthews International Corp., Class A 631 18,816
Regis Corp. (L) 1,321 24,280
School Specialty, Inc. (I)(L) 600 1,380
Service Corp. International 5,375 72,348
Sotheby’s (L) 1,604 50,526
Steiner Leisure, Ltd. (I) 379 17,642
Stewart Enterprises, Inc., Class A (L) 1,856 15,581
Stonemor Partners LP 452 10,640
Strayer Education, Inc. 266 17,117
Universal Technical Institute, Inc. 601 8,234
Weight Watchers International, Inc. 1,290 68,112
 
    763,925
Hotels, Restaurants & Leisure - 2.1%    
AFC Enterprises, Inc. (I) 661 16,261
Ambassadors Group, Inc. 714 3,856
Ameristar Casinos, Inc. 831 14,792
Bally Technologies, Inc. (I)(L) 1,027 50,724
Biglari Holdings, Inc. (I) 36 13,142
BJ’s Restaurants, Inc. (I)(L) 673 30,521

 

388

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Total Stock Market Index Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Hotels, Restaurants & Leisure (continued)    
Bluegreen Corp. (I) 565 $ 3,548
Bob Evans Farms, Inc. 651 25,474
Boyd Gaming Corp. (I)(L) 2,162 15,264
Bravo Brio Restaurant Group, Inc. (I) 563 8,192
Brinker International, Inc. 1,866 65,870
Buffalo Wild Wings, Inc. (I) 443 37,983
Caesars Entertainment Corp. (I)(L) 2,966 20,169
Caribou Coffee Company, Inc. (I)(L) 570 7,826
Carnival Corp. 14,048 511,909
Carrols Restaurant Group, Inc. (I) 359 2,068
CEC Entertainment, Inc. 416 12,530
Cedar Fair LP 1,308 43,779
Chipotle Mexican Grill, Inc. (I) 739 234,662
Choice Hotels International, Inc. (L) 1,424 45,554
Churchill Downs, Inc. 397 24,900
Cracker Barrel Old Country Store, Inc. 552 37,045
Darden Restaurants, Inc. (L) 3,099 172,769
Denny’s Corp. (I) 1,922 9,322
DineEquity, Inc. (I) 392 21,952
Domino’s Pizza, Inc. 1,357 51,159
Dover Downs Gaming & Entertainment, Inc. 764 1,902
Dunkin’ Brands Group, Inc. 2,804 81,863
Einstein Noah Restaurant Group, Inc. 496 8,774
Famous Dave’s of America, Inc. (I) 354 3,370
Fiesta Restaurant Group, Inc. (I) 672 10,665
Frisch’s Restaurants, Inc. 83 1,648
Hyatt Hotels Corp., Class A (I) 4,295 172,444
International Game Technology 7,111 93,083
International Speedway Corp., Class A 1,141 32,370
Interval Leisure Group, Inc. 1,258 23,814
Isle of Capri Casinos, Inc. (I) 996 6,922
Jack in the Box, Inc. (I) 1,000 28,110
Jamba, Inc. (I) 919 2,049
Krispy Kreme Doughnuts, Inc. (I) 1,678 13,307
Las Vegas Sands Corp. 19,376 898,465
Life Time Fitness, Inc. (I)(L) 1,011 46,243
Luby’s, Inc. (I) 958 6,447
Marcus Corp. 655 7,271
Marriott International, Inc. 7,807 305,254
Marriott Vacations Worldwide Corp. (I) 845 30,437
McDonald’s Corp. 23,986 2,200,716
MGM Resorts International (I) 11,571 124,388
Monarch Casino & Resort, Inc. (I) 470 4,094
Morgans Hotel Group Company (I) 907 5,823
MTR Gaming Group, Inc. (I) 755 3,179
Multimedia Games Holding Company, Inc. (I) 748 11,766
Nathan’s Famous, Inc. (I) 207 6,510
Orient-Express Hotels, Ltd., Class A (I)(L) 3,043 27,083
Panera Bread Company, Class A (I) 737 125,946
Papa John’s International, Inc. (I) 556 29,696
Peet’s Coffee & Tea, Inc. (I) 321 23,542
Penn National Gaming, Inc. (I) 1,750 75,425
Pinnacle Entertainment, Inc. (I) 1,568 19,208
Premier Exhibitions, Inc. (I) 1,642 3,892
Red Lion Hotels Corp. (I) 591 3,694
Red Robin Gourmet Burgers, Inc. (I)(L) 390 12,698
Rick’s Cabaret International, Inc. (I) 18 149
Royal Caribbean Cruises, Ltd. (L) 5,129 154,947
Ruby Tuesday, Inc. (I) 1,530 11,093
Ruth’s Hospitality Group, Inc. (I) 855 5,446
Ryman Hospitality Properties (I) 1,164 46,013
Scientific Games Corp., Class A (I) 2,110 17,450
SHFL Entertainment, Inc. (I) 1,236 19,541
Six Flags Entertainment Corp. 1,300 76,440
Sonic Corp. (I) 1,225 12,581

 

Total Stock Market Index Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Hotels, Restaurants & Leisure (continued)    
Speedway Motorsports, Inc. 897 $ 13,814
Starbucks Corp. 17,758 901,219
Starwood Hotels & Resorts Worldwide, Inc. 4,639 268,876
Texas Roadhouse, Inc. 1,544 26,402
The Cheesecake Factory, Inc. 1,261 45,081
The Wendy’s Company 9,313 42,374
Town Sports International Holdings, Inc. (I) 490 6,061
Vail Resorts, Inc. (L) 847 48,830
WMS Industries, Inc. (I) 1,380 22,604
Wyndham Worldwide Corp. 3,426 179,796
Wynn Resorts, Ltd. 2,360 272,438
Yum! Brands, Inc. 10,841 719,192
 
    8,823,716
Household Durables - 0.4%    
American Greetings Corp., Class A (L) 992 16,666
Bassett Furniture Industries, Inc. 237 2,951
Beazer Homes USA, Inc. (I)(L) 1,737 6,166
Blyth, Inc. (L) 424 11,020
Cavco Industries, Inc. (I)(L) 147 6,746
CSS Industries, Inc. 310 6,371
D.R. Horton, Inc. (L) 7,475 154,284
Ethan Allen Interiors, Inc. (L) 612 13,415
Flexsteel Industries, Inc. 226 4,678
Furniture Brands International, Inc. (I)(L) 1,851 2,684
Harman International Industries, Inc. 1,680 77,549
Helen of Troy, Ltd. (I) 744 23,682
Hooker Furniture Corp. 394 5,118
Hovnanian Enterprises, Inc., Class A (I) 3,216 11,127
iRobot Corp. (I) 671 15,272
Jarden Corp. 1,758 92,893
KB Home (L) 1,721 24,696
Kid Brands, Inc. (I) 1,087 1,663
La-Z-Boy, Inc. (I) 1,265 18,507
Leggett & Platt, Inc. 3,208 80,360
Lennar Corp., Class A (L) 4,456 154,935
Libbey, Inc. (I) 573 9,042
Lifetime Brands, Inc. 149 1,775
M/I Homes, Inc. (I) 534 10,328
MDC Holdings, Inc. (L) 1,063 40,936
Meritage Homes Corp. (I) 836 31,793
Mohawk Industries, Inc. (I) 1,607 128,592
NACCO Industries, Inc., Class A 208 26,085
Newell Rubbermaid, Inc. 6,859 130,938
NVR, Inc. (I) 120 101,340
PulteGroup, Inc. (I) 9,216 142,848
Sealy Corp. (I)(L) 2,921 6,368
Skullcandy, Inc. (I)(L) 724 9,955
Standard Pacific Corp. (I)(L) 4,344 29,365
Tempur-Pedic International, Inc. (I) 1,548 46,270
The Ryland Group, Inc. (L) 989 29,670
Toll Brothers, Inc. (I)(L) 3,880 128,932
Tupperware Brands Corp. 1,346 72,132
Universal Electronics, Inc. (I) 417 7,331
Whirlpool Corp. 1,784 147,911
 
    1,832,394
Internet & Catalog Retail - 1.0%    
1-800-Flowers.com, Inc., Class A (I) 970 3,618
Amazon.com, Inc. (I) 10,721 2,726,565
Blue Nile, Inc. (I)(L) 298 11,053
CafePress, Inc. (I) 462 4,209
Expedia, Inc. (L) 3,168 183,237
Gaiam, Inc., Class A (I) 955 3,333
Geeknet, Inc. (I) 256 4,954

 

389

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Total Stock Market Index Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Internet & Catalog Retail (continued)    
Groupon, Inc. (I)(L) 15,040 $ 71,590
HomeAway, Inc. (I) 1,918 44,977
HSN, Inc. 1,393 68,327
Liberty Interactive Corp., Series A (I) 13,588 251,378
Liberty Ventures, Series A (I) 679 33,706
Netflix, Inc. (I) 1,306 71,099
Nutrisystem, Inc. (L) 805 8,477
Orbitz Worldwide, Inc. (I) 2,566 6,543
Overstock.com, Inc. (I)(L) 707 7,325
PetMed Express, Inc. 364 3,655
priceline.com, Inc. (I) 1,172 725,152
Shutterfly, Inc. (I)(L) 874 27,199
TripAdvisor, Inc. (I)(L) 2,900 95,497
US Auto Parts Network, Inc. (I) 1,067 3,692
ValueVision Media, Inc. (I) 1,151 2,705
Vitacost.com, Inc. (I)(L) 888 6,021
 
    4,364,312
Leisure Equipment & Products - 0.2%    
Arctic Cat, Inc. (I) 325 13,475
Black Diamond, Inc. (I) 814 7,139
Brunswick Corp. 2,178 49,288
Callaway Golf Company (L) 1,516 9,308
Eastman Kodak Company (I)(L) 6,959 1,294
Hasbro, Inc. (L) 3,054 116,571
JAKKS Pacific, Inc. (L) 651 9,485
Johnson Outdoors, Inc., Class A (I) 330 7,059
LeapFrog Enterprises, Inc. (I) 1,585 14,297
Marine Products Corp. (L) 1,228 7,319
Mattel, Inc. 7,990 283,485
Nautilus, Inc. (I) 375 983
Polaris Industries, Inc. (L) 1,618 130,848
Smith & Wesson Holding Corp. (I)(L) 1,795 19,763
Steinway Musical Instruments, Inc. (I) 327 7,966
Sturm Ruger & Company, Inc. (L) 479 23,706
 
    701,986
Media - 3.3%    
AH Belo Corp., Class A 745 3,598
AMC Networks, Inc., Class A (I) 1,696 73,810
Arbitron, Inc. 677 25,658
Ballantyne Strong, Inc. (I) 629 2,617
Belo Corp., Class A 2,202 17,242
Cablevision Systems Corp., Class A 6,913 109,571
Carmike Cinemas, Inc. (I) 454 5,108
CBS Corp., Class B 15,278 555,050
Charter Communications, Inc., Class A (I) 2,359 177,090
Cinemark Holdings, Inc. 2,754 61,772
Clear Channel Outdoor    
Holdings, Inc., Class A (I) 8,558 51,177
Comcast Corp., Class A 63,551 2,273,219
Crown Media Holdings, Inc., Class A (I)(L) 6,814 11,379
Cumulus Media, Inc., Class A (I)(L) 3,719 10,190
Digital Domain Media Group, Inc. (I) 1,220 73
Digital Generation, Inc. (I)(L) 594 6,748
DIRECTV (I) 15,900 834,114
Discovery Communications, Inc., Class A (I) 6,083 362,729
DISH Network Corp., Class A 10,607 324,680
DreamWorks Animation    
SKG, Inc., Class A (I)(L) 2,049 39,402
Entercom    
Communications Corp., Class A (I)(L) 1,104 7,573
Entravision Communications Corp., Class A 2,911 3,901
Fisher Communications, Inc. 174 6,396
Gannett Company, Inc. 5,621 99,773

 

Total Stock Market Index Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Media (continued)    
Gray Television, Inc. (I) 2,173 $ 4,954
Harte-Hanks, Inc. 1,351 9,362
John Wiley & Sons, Inc., Class A 1,356 62,308
Journal Communications, Inc., Class A (I) 973 5,060
Lamar Advertising Company, Class A (I) 2,245 83,200
Liberty Global, Inc., Class A (I) 6,421 390,076
Liberty Media Corp. - Liberty    
Capital, Series A (I) 2,875 299,489
LIN TV Corp., Class A (I) 917 4,035
Live Nation Entertainment, Inc. (I) 4,343 37,393
LodgeNet Interactive Corp. (I) 1,135 740
Martha Stewart Living    
Omnimedia, Inc., Class A 1,298 3,985
Media General, Inc., Class A (I)(L) 932 4,828
Meredith Corp. (L) 1,091 38,185
Morningstar, Inc. 1,197 74,980
National CineMedia, Inc. 1,442 23,606
News Corp., Class A 58,224 1,428,235
Nexstar Broadcasting Group, Inc., Class A (I) 858 9,112
Omnicom Group, Inc. 6,403 330,139
Outdoor Channel Holdings, Inc. 742 5,402
Pandora Media, Inc. (I) 3,852 42,179
ReachLocal, Inc. (I) 589 7,386
Reading International, Inc., Class A (I) 746 4,401
Regal Entertainment Group, Class A (L) 3,500 49,245
Rentrak Corp. (I) 257 4,351
Saga Communications, Inc., Class A (I) 150 6,078
Salem Communications Corp., Class A 815 4,271
Scholastic Corp. 703 22,341
Scripps Networks Interactive, Inc., Class A 3,672 224,837
Sinclair Broadcast Group, Inc., Class A 1,806 20,245
Sirius XM Radio, Inc. (I) 88,599 230,357
The EW Scripps Company, Class A (I) 1,326 14,122
The Interpublic Group of Companies, Inc. 10,454 116,248
The Madison Square Garden, Inc., Class A (I) 1,739 70,030
The McClatchy Company, Class A (I) 2,673 5,961
The McGraw-Hill Companies, Inc. 6,515 355,654
The New York Times Company, Class A (I) 3,548 34,628
The Walt Disney Company 42,207 2,206,582
The Washington Post Company, Class B (L) 185 67,161
Time Warner Cable, Inc. 7,386 702,113
Time Warner, Inc. 22,819 1,034,385
Valassis Communications, Inc. (I)(L) 1,038 25,628
Value Line, Inc. 353 3,445
Viacom, Inc., Class B 12,717 681,504
Virgin Media, Inc. (L) 6,537 192,449
World Wrestling Entertainment, Inc., Class A 1,610 12,961
 
    14,016,521
Multiline Retail - 0.8%    
Big Lots, Inc. (I)(L) 1,551 45,879
Dillard’s, Inc., Class A 1,185 85,699
Dollar General Corp. (I) 7,936 409,021
Dollar Tree, Inc. (I) 5,606 270,630
Family Dollar Stores, Inc. 2,767 183,452
Fred’s, Inc., Class A 797 11,341
Gordmans Stores, Inc. (I) 358 6,605
J.C. Penney Company, Inc. (L) 5,008 121,644
Kohl’s Corp. 5,960 305,271
Macy’s, Inc. 9,722 365,742
Nordstrom, Inc. 4,848 267,513
Saks, Inc. (I)(L) 3,627 37,394
Sears Holdings Corp. (I)(L) 2,538 140,834
Target Corp. 15,721 997,812
The Bon-Ton Stores, Inc. 651 6,185

 

390

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Total Stock Market Index Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Multiline Retail (continued)    
Tuesday Morning Corp. (I) 1,352 $ 8,856
 
    3,263,878
Specialty Retail - 2.4%    
Aaron’s, Inc. 1,760 48,946
Abercrombie & Fitch Company, Class A 2,066 70,079
Advance Auto Parts, Inc. 1,706 116,759
Aeropostale, Inc. (I) 1,988 26,898
American Eagle Outfitters, Inc. 4,630 97,600
Americas Car-Mart, Inc. (I) 190 8,639
ANN, Inc. (I) 1,264 47,691
Asbury Automotive Group, Inc. (I) 788 22,025
Ascena Retail Group, Inc. (I) 3,646 78,207
AutoNation, Inc. (I)(L) 3,060 133,630
AutoZone, Inc. (I) 904 334,182
Barnes & Noble, Inc. (I)(L) 1,472 18,812
bebe stores, Inc. 1,774 8,515
Bed Bath & Beyond, Inc. (I) 5,770 363,510
Best Buy Company, Inc. (L) 8,532 146,665
Big 5 Sporting Goods Corp. 708 7,045
Body Central Corp. (I) 431 4,504
Brown Shoe Company, Inc. 838 13,433
Build-A-Bear Workshop, Inc. (I)(L) 637 2,484
Cabela’s, Inc. (I)(L) 1,670 91,316
CarMax, Inc. (I)(L) 5,332 150,896
Casual Male Retail Group, Inc. (I) 1,549 7,172
Chico’s FAS, Inc. 3,855 69,814
Christopher & Banks Corp. (I) 1,198 4,205
Citi Trends, Inc. (I) 426 5,348
Collective Brands, Inc. (I) 1,505 32,674
Conn’s, Inc. (I) 772 17,023
Destination Maternity Corp. 230 4,301
Dick’s Sporting Goods, Inc. (L) 2,831 146,787
DSW, Inc., Class A 1,018 67,921
Express, Inc. (I) 2,241 33,212
Foot Locker, Inc. 3,503 124,357
Francesca’s Holdings Corp. (I) 1,068 32,820
GameStop Corp., Class A (L) 3,166 66,486
Genesco, Inc. (I) 586 39,104
GNC Holdings, Inc., Class A 2,531 98,633
Group 1 Automotive, Inc. (L) 515 31,018
Guess?, Inc. 2,198 55,873
Haverty Furniture Companies, Inc. 658 9,133
hhgregg, Inc. (I)(L) 1,031 7,114
Hibbett Sports, Inc. (I)(L) 655 38,940
Hot Topic, Inc. (L) 802 6,977
Jos A. Bank Clothiers, Inc. (I)(L) 653 31,657
Kirkland’s, Inc. (I) 384 3,813
Limited Brands, Inc. 6,980 343,835
Lithia Motors, Inc., Class A (L) 616 20,519
Lowe’s Companies, Inc. 29,163 881,889
Lumber Liquidators Holdings, Inc. (I)(L) 698 35,375
MarineMax, Inc. (I) 667 5,529
Mattress Firm Holding Corp. (I)(L) 808 22,745
Monro Muffler Brake, Inc. (L) 719 25,302
New York & Company, Inc. (I) 1,751 6,566
O’Reilly Automotive, Inc. (I) 2,978 249,020
Office Depot, Inc. (I) 7,232 18,514
OfficeMax, Inc. (L) 2,191 17,112
Orchard Supply Hardware    
Stores Corp., Class A (I) 114 1,651
Pacific Sunwear of California, Inc. (I) 2,141 5,353
Penske Automotive Group, Inc. (L) 2,065 62,136
Perfumania Holdings, Inc. (I) 145 1,044
PetSmart, Inc. 2,657 183,280

 

Total Stock Market Index Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Specialty Retail (continued)    
Pier 1 Imports, Inc. 2,566 $ 48,087
RadioShack Corp. (L) 2,580 6,140
Rent-A-Center, Inc. 1,408 49,393
Ross Stores, Inc. 5,555 358,853
rue21, Inc. (I) 636 19,811
Sally Beauty Holdings, Inc. (I) 4,342 108,941
Select Comfort Corp. (I) 1,360 42,908
Shoe Carnival, Inc. 528 12,424
Signet Jewelers, Ltd. 2,078 101,323
Sonic Automotive, Inc., Class A (L) 1,330 25,243
Stage Stores, Inc. 669 14,089
Staples, Inc. 16,233 187,004
Stein Mart, Inc. (I) 1,168 9,940
Systemax, Inc. (I) 757 8,940
Teavana Holdings, Inc. (I) 940 12,258
The Buckle, Inc. (L) 1,131 51,381
The Cato Corp., Class A 724 21,510
The Children’s Place Retail Stores, Inc. (I) 613 36,780
The Finish Line, Inc., Class A 1,301 29,585
The Gap, Inc. 11,514 411,971
The Home Depot, Inc. 36,259 2,188,956
The Men’s Wearhouse, Inc. 1,225 42,177
The Pep Boys - Manny, Moe & Jack 1,341 13,651
The Wet Seal, Inc., Class A (I)(L) 1,580 4,977
Tiffany & Company 2,993 185,207
Tilly’s, Inc., Class A (I) 677 12,409
TJX Companies, Inc. 17,706 793,052
Tractor Supply Company 1,692 167,322
TravelCenters of America, LLC (I) 761 4,079
Ulta Salon Cosmetics & Fragrance, Inc. 1,445 139,161
Urban Outfitters, Inc. (I) 3,407 127,967
Vitamin Shoppe, Inc. (I) 703 40,999
West Marine, Inc. (I) 659 7,005
Williams-Sonoma, Inc. 2,474 108,782
Winmark Corp. 106 5,732
Zale Corp. (I) 1,118 7,714
Zumiez, Inc. (I)(L) 769 21,324
 
    10,033,183
Textiles, Apparel & Luxury Goods - 0.8%    
American Apparel, Inc. (I) 4,453 6,858
Carter’s, Inc. (I) 1,370 73,761
Charles & Colvard, Ltd. (I) 983 3,549
Cherokee, Inc. 333 4,848
Coach, Inc. 6,751 378,191
Columbia Sportswear Company (L) 812 43,848
Crocs, Inc. (I) 2,044 33,133
Culp, Inc. 132 1,552
Deckers Outdoor Corp. (I)(L) 915 33,526
Delta Apparel, Inc. (I) 304 4,186
DGSE Companies, Inc. (I) 495 3,678
Fifth & Pacific Companies, Inc. (I) 2,486 31,771
Fossil, Inc. (I) 1,433 121,375
G-III Apparel Group, Ltd. (I)(L) 510 18,309
Hanesbrands, Inc. (I) 2,274 72,495
Iconix Brand Group, Inc. (I)(L) 1,798 32,796
K-Swiss, Inc., Class A (I) 1,074 3,684
Maidenform Brands, Inc. (I) 602 12,329
Movado Group, Inc. 660 22,255
NIKE, Inc., Class B 10,837 1,028,540
Oxford Industries, Inc. 405 22,862
Perry Ellis International, Inc. (I) 451 9,945
PVH Corp. 1,586 148,640
Quiksilver, Inc. (I) 3,577 11,876
Ralph Lauren Corp. 2,170 328,169

 

391

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Total Stock Market Index Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Textiles, Apparel & Luxury Goods (continued)    
RG Barry Corp. 128 $ 1,887
Rocky Brands, Inc. (I) 72 832
Skechers U.S.A., Inc., Class A (I)(L) 1,206 24,602
Steven Madden, Ltd. (I) 1,012 44,245
The Jones Group, Inc. 1,753 22,561
The Warnaco Group, Inc. (I) 950 49,305
True Religion Apparel, Inc. 560 11,945
Tumi Holdings, Inc. (I) 1,612 37,946
Under Armour, Inc., Class A (I) 2,452 136,895
Unifi, Inc. (I) 334 4,282
Vera Bradley, Inc. (I)(L) 970 23,135
VF Corp. 2,599 414,177
Wolverine World Wide, Inc. 1,097 48,674
 
    3,272,662
    51,255,824
Consumer Staples - 9.7%    
Beverages - 2.0%    
Beam, Inc. 3,689 212,265
Brown-Forman Corp., Class B 5,091 332,188
Central European Distribution Corp. (I)(L) 1,636 4,663
Coca-Cola Bottling Company Consolidated 191 13,007
Coca-Cola Enterprises, Inc. 7,020 219,515
Constellation Brands, Inc., Class A (I) 4,764 154,115
Craft Brewers Alliance, Inc. (I) 252 1,978
Dr. Pepper Snapple Group, Inc. (L) 4,937 219,845
MGP Ingredients, Inc. 667 2,548
Molson Coors Brewing Company, Class B 3,735 168,262
Monster Beverage Corp. (I) 4,100 222,056
National Beverage Corp. (I) 1,067 16,176
PepsiCo, Inc. 36,975 2,616,721
Primo Water Corp. (I) 1,119 1,175
The Boston Beer    
Company, Inc., Class A (I)(L) 305 34,151
The Coca-Cola Company 106,614 4,043,869
 
    8,262,534
Food & Staples Retailing - 2.6%    
Arden Group, Inc., Class A 92 8,926
Casey’s General Stores, Inc. 899 51,369
Costco Wholesale Corp. 10,190 1,020,274
CVS Caremark Corp. 30,706 1,486,785
Harris Teeter Supermarkets, Inc. 1,170 45,443
Ingles Markets, Inc., Class A 528 8,633
Nash Finch Company 244 4,982
Pricesmart, Inc. (L) 723 54,746
Rite Aid Corp. (I) 22,455 26,272
Roundy’s, Inc. 1,073 6,492
Safeway, Inc. (L) 5,492 88,366
Spartan Stores, Inc. 439 6,721
SUPERVALU, Inc. (L) 5,248 12,648
Susser Holdings Corp. (I)(L) 522 18,881
Sysco Corp. 13,684 427,899
The Andersons, Inc. 475 17,889
The Chefs’ Warehouse, Inc. (I) 546 8,943
The Fresh Market, Inc. (I) 1,153 69,157
The Kroger Company 13,021 306,514
The Pantry, Inc. (I) 626 9,108
United Natural Foods, Inc. (I) 1,152 67,334
Village Super Market, Inc., Class A 374 13,748
Wal-Mart Stores, Inc. 80,675 5,953,815
Walgreen Company 20,712 754,745
Weis Markets, Inc. 672 28,446

 

Total Stock Market Index Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Food & Staples Retailing (continued)    
Whole Foods Market, Inc. 4,283 $ 417,164
 
    10,915,300
Food Products - 1.7%    
Alico, Inc. 249 7,776
Archer-Daniels-Midland Company 15,558 422,866
B&G Foods, Inc. (L) 1,133 34,341
Bunge, Ltd. 3,459 231,926
Cal-Maine Foods, Inc. 545 24,492
Calavo Growers, Inc. 335 8,375
Campbell Soup Company (L) 7,375 256,798
Chiquita Brands International, Inc. (I) 1,173 8,962
ConAgra Foods, Inc. 9,771 269,582
Darling International, Inc. (I) 2,850 52,127
DE Master Blenders 1753 NV (I) 13,981 168,674
Dean Foods Company (I) 4,436 72,529
Diamond Foods, Inc. (L) 559 10,520
Dole Food Company, Inc. (I) 2,273 31,890
Farmer Brothers Company (I) 535 5,088
Feihe International, Inc. (I)(L) 571 3,443
Flowers Foods, Inc. 3,273 66,049
Fresh Del Monte Produce, Inc. 1,438 36,813
General Mills, Inc. 15,190 605,322
Green Mountain Coffee Roasters, Inc. (I)(L) 3,641 86,474
Griffin Land & Nurseries, Inc. 165 5,565
H.J. Heinz Company (L) 7,564 423,206
Hillshire Brands Company 2,796 74,877
Hormel Foods Corp. (L) 6,304 184,329
Ingredion, Inc. 1,762 97,192
Inventure Foods, Inc. (I) 648 3,687
J&J Snack Foods Corp. 412 23,620
John B. Sanfilippo & Son, Inc. (I) 335 4,362
Kellogg Company 8,441 436,062
Lancaster Colony Corp. 662 48,492
Lifeway Foods, Inc. (L) 206 1,957
McCormick & Company, Inc., Non-    
Voting Shares 3,144 195,054
Mead Johnson Nutrition Company 4,778 350,132
Mondelez International, Inc. (I) 41,680 1,723,468
Omega Protein Corp. (I) 623 4,274
Pilgrim’s Pride Corp. (I) 6,123 31,289
Post Holdings, Inc. (I) 858 25,791
Ralcorp Holdings, Inc. (I) 1,309 95,557
Sanderson Farms, Inc. 556 24,670
Seneca Foods Corp., Class A (I) 350 10,451
Smart Balance, Inc. (I) 1,190 14,375
Smithfield Foods, Inc. (I) 3,883 76,301
Snyders-Lance, Inc. 1,674 41,850
The Hain Celestial Group, Inc. (I) 1,072 67,536
The Hershey Company 5,336 378,269
The J.M. Smucker Company 2,686 231,882
Tootsie Roll Industries, Inc. (L) 1,322 35,668
TreeHouse Foods, Inc. (I) 857 44,993
Tyson Foods, Inc., Class A 8,722 139,726
 
    7,198,682
Household Products - 1.7%    
Central Garden & Pet Company, Class A (I) 965 11,657
Church & Dwight Company, Inc. 3,332 179,895
Colgate-Palmolive Company 11,266 1,207,941
Energizer Holdings, Inc. 1,583 118,108
Harbinger Group, Inc. (I) 3,397 28,637
Kimberly-Clark Corp. 9,284 796,382
Oil-Dri Corp of America 272 6,294
Orchids Paper Products Company 98 1,768

 

392

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Total Stock Market Index Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Household Products (continued)    
The Clorox Company 3,078 $ 221,770
The Procter & Gamble Company 64,901 4,501,533
WD-40 Company 367 19,319
 
    7,093,304
Personal Products - 0.2%    
Avon Products, Inc. 10,172 162,243
Elizabeth Arden, Inc. (I) 729 34,438
Herbalife, Ltd. (L) 2,724 129,118
Inter Parfums, Inc. 628 11,492
Medifast, Inc. (I) 441 11,532
Nature’s Sunshine Products, Inc. 300 4,902
Nu Skin Enterprises, Inc., Class A (L) 1,463 56,808
Nutraceutical International Corp. (I) 372 5,863
Prestige Brands Holdings, Inc. (I) 1,082 18,351
Revlon, Inc., Class A (I) 1,331 20,551
Schiff Nutrition International, Inc. (I) 774 18,723
The Estee Lauder Companies, Inc., Class A 9,151 563,427
The Female Health Company 371 2,653
United-Guardian, Inc. 249 4,706
USANA Health Sciences, Inc. (I) 326 15,149
 
    1,059,956
Tobacco - 1.5%    
Alliance One International, Inc. (I) 1,503 4,855
Altria Group, Inc. 48,220 1,610,066
Lorillard, Inc. 3,098 360,762
Philip Morris International, Inc. 40,582 3,649,945
Reynolds American, Inc. 13,596 589,251
Star Scientific, Inc. (I) 2,873 9,941
Universal Corp. (L) 512 26,071
Vector Group, Ltd. (L) 1,969 32,662
 
    6,283,553
    40,813,329
Energy - 11.0%    
Energy Equipment & Services - 1.6%    
Atwood Oceanics, Inc. (I) 1,581 71,856
Baker Hughes, Inc. 10,305 466,095
Basic Energy Services, Inc. (I)(L) 1,040 11,669
Bolt Technology Corp. 331 4,760
Bristow Group, Inc. 854 43,170
C&J Energy Services, Inc. (I) 1,221 24,298
Cal Dive International, Inc. (I) 2,573 3,937
Cameron International Corp. (I) 5,770 323,524
CARBO Ceramics, Inc. (L) 550 34,606
Compressco Partners LP 168 2,827
Dawson Geophysical Company (I) 235 5,936
Diamond Offshore Drilling, Inc. (L) 3,277 215,659
Dresser-Rand Group, Inc. (I) 1,769 97,490
Dril-Quip, Inc. (I) 973 69,939
Exterran Holdings, Inc. (I) 1,668 33,827
Exterran Partners LP 908 19,576
FMC Technologies, Inc. (I) 5,598 259,187
Forum Energy Technologies, Inc. (I) 1,865 45,357
Geokinetics, Inc. (I) 926 343
Geospace Technologies Corp. (I) 166 20,320
Global Geophysical Services, Inc. (I) 769 4,237
Gulf Islands Fabrication, Inc. 311 8,668
Gulfmark Offshore, Inc., Class A (I) 652 21,542
Halliburton Company 21,654 729,523
Heckmann Corp. (I)(L) 3,013 12,655
Helix Energy Solutions Group, Inc. (I) 2,598 47,465
Helmerich & Payne, Inc. 2,529 120,406
Hercules Offshore, Inc. (I) 4,030 19,666

 

Total Stock Market Index Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Energy Equipment & Services (continued)    
Hornbeck Offshore Services, Inc. (I) 803 $ 29,430
ION Geophysical Corp. (I)(L) 3,857 26,768
Key Energy Services, Inc. (I) 3,596 25,172
Lufkin Industries, Inc. (L) 801 43,110
Matrix Service Company (I) 756 7,991
McDermott International, Inc. (I) 5,524 67,503
Mitcham Industries, Inc. (I) 331 5,273
Nabors Industries, Ltd. (I) 7,371 103,415
National Oilwell Varco, Inc. 9,997 800,860
Natural Gas Services Group, Inc. (I) 145 2,168
Newpark Resources, Inc. (I)(L) 1,864 13,812
Oceaneering International, Inc. 2,579 142,490
Oil States International, Inc. (I) 1,234 98,054
Parker Drilling Company (I) 3,008 12,724
Patterson-UTI Energy, Inc. (L) 3,699 58,592
PHI, Inc. (I) 416 13,087
Pioneer Energy Services Corp. (I) 1,558 12,137
RigNet, Inc. (I) 479 8,862
Rowan Companies PLC, Class A (I) 2,961 99,993
RPC, Inc. (L) 5,313 63,172
Schlumberger, Ltd. 31,392 2,270,583
SEACOR Holdings, Inc. (I) 481 40,096
Superior Energy Services, Inc. (I) 3,692 75,760
Tesco Corp. (I) 1,032 11,022
TETRA Technologies, Inc. (I) 1,662 10,055
TGC Industries, Inc. (I) 609 4,385
Tidewater, Inc. 1,228 59,595
Union Drilling, Inc. (I) 807 5,237
Unit Corp. (I) 1,166 48,389
Vantage Drilling Company (I)(L) 6,701 12,330
 
    6,890,603
Oil, Gas & Consumable Fuels - 9.4%    
Abraxas Petroleum Corp. (I) 2,156 4,959
Adams Resources & Energy, Inc. 148 4,514
Alliance Holdings GP LP 1,431 68,616
Alliance Resource Partners LP 837 50,178
Alon USA Energy, Inc. 1,161 15,906
Alpha Natural Resources, Inc. (I) 5,125 33,671
American Midstream Partners LP 281 5,283
Amyris, Inc. (I)(L) 933 3,210
Anadarko Petroleum Corp. 11,746 821,280
Apache Corp. 9,049 782,467
Apco Oil and Gas International, Inc. 707 11,376
Approach Resources, Inc. (I) 772 23,260
Arch Coal, Inc. 5,005 31,682
Atlas Energy LP 1,261 43,555
Atlas Pipeline Partners LP 1,251 42,659
Atlas Resource Partners LP 116 2,960
ATP Oil & Gas Corp. (I) 1,271 173
Berry Petroleum Company, Class A (L) 1,225 49,772
Bill Barrett Corp. (I)(L) 1,147 28,411
Blueknight Energy Partners LP 1,142 7,069
Boardwalk Pipeline Partners LP 4,894 136,543
Bonanza Creek Energy, Inc. (I) 949 22,358
BP Prudhoe Bay Royalty Trust 494 46,362
BPZ Resources, Inc. (I) 3,316 9,484
BreitBurn Energy Partners LP 1,681 32,662
Buckeye Partners LP 2,020 96,899
Cabot Oil & Gas Corp. 4,940 221,806
Callon Petroleum Company (I) 905 5,566
Calumet Specialty Products Partners LP 1,399 44,768
Carrizo Oil & Gas, Inc. (I)(L) 896 22,409
Ceres, Inc. (I) 621 3,527
Cheniere Energy Partners LP 3,943 90,176

 

393

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Total Stock Market Index Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Oil, Gas & Consumable Fuels (continued)    
Cheniere Energy, Inc. (I)(L) 4,374 $ 68,016
Chesapeake Energy Corp. (L) 15,503 292,542
Chevron Corp. 46,523 5,422,721
Cimarex Energy Company (L) 2,021 118,330
Clayton Williams Energy, Inc. (I)(L) 273 14,166
Clean Energy Fuels Corp. (I)(L) 1,999 26,327
Cloud Peak Energy, Inc. (I) 1,465 26,517
Cobalt International Energy, Inc. (I) 9,257 206,153
Comstock Resources, Inc. (I)(L) 1,220 22,424
Concho Resources, Inc. (I) 2,438 231,001
ConocoPhillips 30,082 1,720,089
CONSOL Energy, Inc. 5,336 160,347
Contango Oil & Gas Company (I) 361 17,740
Continental Resources, Inc. (I) 4,246 326,517
Copano Energy LLC 1,588 52,372
Crimson Exploration, Inc. (I) 741 3,164
Cross Timbers Royalty Trust 156 4,928
Crosstex Energy LP 1,490 22,946
Crosstex Energy, Inc. (L) 1,099 15,419
CVR Energy, Inc. (I) 1,988 73,059
DCP Midstream Partners LP 1,199 55,682
Delek US Holdings, Inc. 1,438 36,655
Denbury Resources, Inc. (I) 9,207 148,785
Devon Energy Corp. 9,525 576,263
DHT Holdings, Inc. 105 656
Dorchester Minerals LP 663 14,639
Eagle Rock Energy Partners LP 3,102 29,624
El Paso Pipeline Partners LP 4,934 183,643
Emerald Oil, Inc. (I) 1,367 1,135
Enbridge Energy Management LLC (I)(L) 944 29,887
Enbridge Energy Partners LP 6,655 195,923
Endeavour International Corp. (I)(L) 1,197 11,575
Energen Corp. 1,687 88,416
Energy Transfer Equity LP 6,575 297,190
Energy Transfer Partners LP 5,247 223,365
Energy XXI Bermuda, Ltd. 1,807 63,155
Enterprise Products Partners LP 20,529 1,100,354
EOG Resources, Inc. 6,328 709,052
EPL Oil & Gas, Inc. (I) 1,024 20,777
EQT Corp. 3,500 206,500
EV Energy Partner LP 896 55,660
Evolution Petroleum Corp. (I) 784 6,335
EXCO Resources, Inc. 5,188 41,556
Exxon Mobil Corp. 110,983 10,149,395
Forest Oil Corp. (I) 2,769 23,398
Forestar Petroleum Corp. (I) 291 4,217
FX Energy, Inc. (I)(L) 1,516 11,309
Gastar Exploration, Ltd. (I) 1,854 3,078
Genesis Energy LP 1,838 61,812
Gevo, Inc. (I)(L) 551 1,174
Global Partners LP 689 17,997
GMX Resources, Inc. (I) 1,403 1,122
Goodrich Petroleum Corp. (I)(L) 816 10,314
Green Plains Renewable Energy, Inc. (I)(L) 881 5,163
Gulfport Energy Corp. (I) 1,297 40,544
Halcon Resources Corp. (I) 4,642 34,026
Harvest Natural Resources, Inc. (I)(L) 980 8,742
Hess Corp. 8,011 430,351
Holly Energy Partners LP 641 42,594
HollyFrontier Corp. 4,838 199,664
Houston American Energy Corp. (I) 690 621
Hugoton Royalty Trust 1,047 6,900
Hyperdynamics Corp. (I) 3,833 2,798
Inergy LP 2,721 51,781
Isramco, Inc. (I) 58 6,728

 

Total Stock Market Index Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Oil, Gas & Consumable Fuels (continued)    
James River Coal Company (I)(L) 776 $ 2,235
Kinder Morgan Energy Partners LP 5,435 448,388
Kinder Morgan Management LLC (I) 2,386 182,290
Kinder Morgan, Inc. 26,701 948,420
KiOR, Inc., Class A (I) 2,519 23,427
Kodiak Oil & Gas Corp. (I) 6,366 59,586
Laredo Petroleum Holdings, Inc. (I) 2,942 64,665
Legacy Reserves LP 1,120 32,290
Linn Energy LLC 4,618 190,446
Magellan Midstream Partners LP 2,658 232,469
Magnum Hunter Resources Corp. (I)(L) 4,207 18,679
Marathon Oil Corp. 16,547 489,295
Marathon Petroleum Corp. 8,120 443,271
MarkWest Energy Partners LP 2,592 141,057
Martin Midstream Partners LP 581 19,969
Matador Resources Company (I) 1,306 13,569
McMoRan Exploration Company (I)(L) 3,903 45,860
Midstates Petroleum Company, Inc. (I) 1,497 12,949
Murphy Oil Corp. 4,596 246,759
Natural Resource Partners LP 2,561 53,090
Newfield Exploration Company (I) 3,177 99,504
Niska Gas Storage Partners LLC 938 11,763
Noble Energy, Inc. 4,157 385,395
Northern Oil and Gas, Inc. (I)(L) 1,562 26,538
NuStar Energy LP 1,664 84,664
NuStar GP Holdings LLC 1,048 33,368
Oasis Petroleum, Inc. (I) 2,168 63,891
Occidental Petroleum Corp. 19,077 1,641,767
Oiltanking Partners LP 945 36,099
ONEOK Partners LP 4,809 286,136
Overseas Shipholding Group, Inc. (L) 760 5,016
Oxford Resource Partners LP 353 3,216
PAA Natural Gas Storage LP 1,497 29,790
Pacific Ethanol, Inc. (I) 3,509 1,369
Panhandle Oil and Gas, Inc., Class A 177 5,429
Patriot Coal Corp. (I) 2,255 264
PDC Energy, Inc. (I) 764 24,165
Peabody Energy Corp. 6,375 142,099
Penn Virginia Corp. (L) 1,269 7,868
Petroquest Energy, Inc. (I) 1,669 11,199
Phillips 66 14,980 694,623
Pioneer Natural Resources Company 2,904 303,178
Pioneer Southwest Energy Partners LP 782 20,121
Plains All American Pipeline LP 3,655 322,371
Plains Exploration & Production Company (I) 2,976 111,511
PVR Partners LP 1,865 47,334
QEP Resources, Inc. 4,200 132,972
Quicksilver Resources, Inc. (I) 4,280 17,505
Range Resources Corp. 3,806 265,925
Regency Energy Partners LP 3,764 87,776
Renewable Energy Group, Inc. (I) 739 4,914
Rentech, Inc. (I) 5,518 13,574
Resolute Energy Corp. (I)(L) 1,523 13,509
REX American Resources Corp. (I) 283 5,097
Rex Energy Corp. (I) 1,146 15,299
Rhino Resource Partners LP 453 6,972
Rosetta Resources, Inc. (I) 1,283 61,456
Sanchez Energy Corp. (I) 845 17,263
SandRidge Energy, Inc. (I)(L) 11,492 80,099
SandRidge Mississippian Trust 505 12,433
SemGroup Corp., Class A (I) 1,031 37,992
Ship Finance International, Ltd. (L) 1,785 28,060
SM Energy Company 1,515 81,977
Solazyme, Inc. (I) 1,538 17,656
Southwestern Energy Company (I) 8,229 286,205

 

394

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Total Stock Market Index Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Oil, Gas & Consumable Fuels (continued)    
Spectra Energy Corp. 15,318 $ 449,736
Spectra Energy Partners LP 2,363 75,214
Stone Energy Corp. (I)(L) 1,123 28,210
Sunoco Logistics Partners LP 2,383 111,167
Sunoco, Inc. (L) 2,516 117,824
Swift Energy Company (I) 1,049 21,903
Syntroleum Corp. (I) 3,712 2,821
Targa Resources Corp. 1,000 50,340
Targa Resources Partners LP 2,164 92,792
TC Pipelines LP 1,280 57,792
Teekay Corp. 1,672 52,166
Teekay LNG Partners LP 1,535 57,747
Tesoro Corp. 3,263 136,720
Tesoro Logistics LP 399 17,277
The Williams Companies, Inc. 13,955 488,006
Transmontaigne Partners LP 395 15,010
Ultra Petroleum Corp. (I)(L) 3,650 80,227
Uranerz Energy Corp. (I) 2,497 4,070
Uranium Energy Corp. (I) 2,161 5,640
Uranium Resources, Inc. (I)(L) 3,703 1,889
US Energy Corp. (I) 1,052 2,262
USEC, Inc. (I)(L) 3,092 2,412
Vaalco Energy, Inc. (I)(L) 1,471 12,577
Valero Energy Corp. 12,968 410,826
Venoco, Inc. (I)(L) 1,516 18,010
Voc Energy Trust 444 8,285
W&T Offshore, Inc. 1,817 34,123
Warren Resources, Inc. (I) 1,474 4,481
Western Gas Partners LP 2,118 106,768
Western Refining, Inc. 2,218 58,067
Westmoreland Coal Company (I)(L) 386 3,833
Whiting Petroleum Corp. (I) 2,750 130,295
Williams Partners LP 6,829 373,410
World Fuel Services Corp. (L) 1,687 60,074
WPX Energy, Inc. (I) 4,651 77,160
ZaZa Energy Corp. (I) 2,524 7,496
Zion Oil & Gas, Inc. (I) 1,070 2,450
 
    39,232,050
    46,122,653
Financials - 15.3%    
Capital Markets - 2.0%    
Affiliated Managers Group, Inc. (I) 1,210 148,830
AllianceBernstein Holding LP 2,588 39,881
American Capital, Ltd. (I) 7,823 88,713
Ameriprise Financial, Inc. 5,225 296,205
Apollo Investment Corp. 4,724 37,178
Arlington Asset Investment Corp., Class A (L) 281 6,705
Artio Global Investors, Inc. 1,239 3,692
BGC Partners, Inc., Class A (L) 3,158 15,474
BlackRock, Inc. 3,884 692,517
Calamos Asset Management, Inc., Class A 358 4,167
CIFC Corp. (I) 704 5,153
Cohen & Steers, Inc. 1,079 31,960
Cowen Group, Inc., Class A (I) 2,816 7,603
Diamond Hill Investment Group, Inc. 87 6,671
Duff & Phelps Corp., Class A 959 13,052
E*TRADE Financial Corp. (I) 6,786 59,785
Eaton Vance Corp. (L) 2,762 79,988
Ellington Financial LLC 333 7,599
Epoch Holding Corp. 522 12,058
Evercore Partners, Inc., Class A 669 18,063
FBR & Company (I) 782 2,416
Federated Investors, Inc., Class B (L) 2,358 48,787

 

Total Stock Market Index Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Capital Markets (continued)    
Fidus Investment Corp. 342 $ 5,711
Fifth Street Finance Corp. 1,882 20,664
Financial Engines, Inc. (I) 1,100 26,213
Fortress Investment Group LLC, Class A 11,718 51,794
Franklin Resources, Inc. 5,089 636,481
FXCM, Inc., Class A (L) 446 4,259
GAMCO Investors, Inc., Class A (L) 622 30,945
GFI Group, Inc. 2,544 8,090
Gleacher & Company, Inc. (I) 4,731 3,454
Golub Capital BDC, Inc. 501 7,966
Greenhill & Company, Inc. 703 36,380
GSV Capital Corp. (I) 579 4,997
Harris & Harris Group, Inc. (I) 1,138 4,313
HFF, Inc., Class A (I) 916 13,648
ICG Group, Inc. (I) 972 9,876
INTL. FCStone, Inc. (I) 429 8,177
Invesco, Ltd. 10,444 260,996
Investment Technology Group, Inc. (I) 846 7,360
Janus Capital Group, Inc. 4,214 39,780
Jefferies Group, Inc. 5,000 68,450
JMP Group, Inc. 883 4,848
KBW, Inc. (L) 710 11,694
Knight Capital Group, Inc., Class A (I) 2,401 6,435
Ladenburg Thalmann    
Financial Services, Inc. (I) 4,163 5,495
Lazard, Ltd., Class A 2,901 84,796
Legg Mason, Inc. 3,294 81,296
LPL Financial Holdings, Inc. 2,668 76,145
Main Street Capital Corp. 645 19,034
MCG Capital Corp. 1,492 6,878
Medallion Financial Corp. 722 8,527
MF Global Holdings, Ltd. (I) 3,426 45
Morgan Stanley 46,623 780,469
New Mountain Finance Corp. 386 5,721
Northern Trust Corp. 5,650 262,245
Och-Ziff Capital Management    
Group LLC, Class A 9,880 95,441
Oppenheimer Holdings, Inc., Class A 428 6,827
Penson Worldwide, Inc. (I) 1,757 79
Piper Jaffray Companies (I) 532 13,539
Pzena Investment Management, Inc., Class A 1,169 6,090
Raymond James Financial, Inc. 3,206 117,500
Safeguard Scientifics, Inc. (I) 437 6,857
SEI Investments Company 4,263 91,441
State Street Corp. 11,497 482,414
Stifel Financial Corp. (I)(L) 1,311 44,050
SWS Group, Inc. (I) 916 5,597
T. Rowe Price Group, Inc. 5,967 377,711
TD Ameritrade Holding Corp. 13,006 199,902
The Bank of New York Mellon Corp. 28,329 640,802
The Blackstone Group LP 9,383 133,989
The Carlyle Group LP 723 18,972
The Charles Schwab Corp. 29,820 381,398
The Goldman Sachs Group, Inc. 11,656 1,325,054
U.S. Global Investors, Inc., Class A 604 3,696
Virtus Investment Partners, Inc. (I) 200 17,200
Waddell & Reed Financial, Inc., Class A 1,988 65,147
Walter Investment Management Corp. (I) 702 25,981
Westwood Holdings Group, Inc. 206 8,036
 
    8,297,402
Commercial Banks - 3.0%    
1st Source Corp. 551 12,271
Access National Corp. 383 5,232
Alliance Financial Corp. 128 5,147

 

395

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Total Stock Market Index Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Commercial Banks (continued)    
American National Bankshares, Inc. 151 $ 3,411
Ameris Bancorp (I)(L) 553 6,962
Ames National Corp. 313 6,523
Arrow Financial Corp. (L) 351 8,772
Associated Banc-Corp. 4,223 55,617
Bancfirst Corp. 347 14,907
BancorpSouth, Inc. (L) 2,201 32,443
Bank of Hawaii Corp. 1,067 48,677
Bank of Kentucky Financial Corp. 136 3,773
Bank of Marin Bancorp, Class A 143 6,079
Bank of the Ozarks, Inc. (L) 848 29,231
BankUnited, Inc. 2,356 57,981
Banner Corp. 413 11,192
Bar Harbor Bankshares 142 5,075
BB&T Corp. 16,417 544,388
BBCN Bancorp, Inc. (I) 1,762 22,219
BCB Bancorp, Inc. 448 4,812
Berkshire Bancorp, Inc. (I) 561 4,617
BNC Bancorp 474 3,906
BOK Financial Corp. 1,648 97,397
Boston Private Financial Holdings, Inc. (L) 2,048 19,640
Bridge Bancorp, Inc. 116 2,704
Bridge Capital Holdings (I) 323 4,994
Bryn Mawr Bank Corp. 316 7,091
BSB Bancorp, Inc. (I) 196 2,528
C&F Financial Corp. 59 2,322
Camden National Corp. 148 5,482
Capital Bank Financial Corp., Class A (I) 398 7,156
Capital City Bank Group, Inc. (I)(L) 609 6,480
CapitalSource, Inc. 5,741 43,517
Cardinal Financial Corp. 562 8,037
Cascade Bancorp (I) 981 5,180
Cathay General Bancorp 1,933 33,364
Center Bancorp, Inc. 616 7,343
Centerstate Banks, Inc. 883 7,876
Central Pacific Financial Corp. (I) 913 13,056
Century Bancorp, Inc., Class A 214 6,831
Chemical Financial Corp. 686 16,601
CIT Group, Inc. (I) 4,737 186,590
Citizens & Northern Corp. 307 6,020
Citizens Republic Bancorp, Inc. (I) 840 16,254
City Holding Company 385 13,798
City National Corp. (L) 1,194 61,503
CNB Financial Corp. 345 6,041
CoBiz Financial, Inc. 880 6,160
Columbia Banking System, Inc. (L) 984 18,243
Comerica, Inc. 4,541 140,998
Commerce Bancshares, Inc. 2,115 85,298
Community Bank Systems, Inc. (L) 937 26,414
Community Trust Bancorp, Inc. 322 11,442
Cullen/Frost Bankers, Inc. 1,477 84,824
CVB Financial Corp. 2,517 30,053
Eagle Bancorp, Inc. (I) 520 8,694
East West Bancorp, Inc. 3,541 74,786
Enterprise Bancorp, Inc. 378 6,456
Enterprise Financial Services Corp. 505 6,868
Fidelity Southern Corp. 260 2,460
Fifth Third Bancorp 21,678 336,226
Financial Institutions, Inc. 366 6,822
First Bancorp North Carolina 566 6,526
First BanCorp Puerto Rico (I) 5,138 22,710
First Bancorp, Inc. Maine 349 6,125
First Busey Corp. 2,456 11,985
First California Financial Group, Inc. (I) 460 3,202
First Citizens BancShares, Inc. 237 38,607

 

Total Stock Market Index Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Commercial Banks (continued)    
First Commonwealth Financial Corp. (L) 2,381 $ 16,786
First Community Bancshares, Inc. 303 4,624
First Connecticut Bancorp, Inc. 557 7,525
First Financial Bancorp 1,424 24,080
First Financial Bankshares, Inc. (L) 736 26,518
First Financial Corp. 375 11,753
First Horizon National Corp. 6,054 58,300
First Interstate Bancsystem, Inc. 1,168 17,473
First Merchants Corp. 685 10,282
First Midwest Bancorp, Inc. 1,885 23,657
First Niagara Financial Group, Inc. 8,115 65,650
First Republic Bank 3,056 105,310
FirstMerit Corp. 2,636 38,828
FNB Corp. 3,111 34,874
FNB United Corp. (I) 587 6,974
Fulton Financial Corp. 4,878 48,097
German American Bancorp, Inc. 291 7,019
Glacier Bancorp, Inc. 1,642 25,582
Great Southern Bancorp, Inc. 282 8,717
Guaranty Bancorp (I) 3,117 6,296
Hampton Roads Bankshares, Inc. (I)(L) 929 1,394
Hancock Holding Company 2,022 62,581
Hanmi Financial Corp. (I) 638 8,173
Heartland Financial USA, Inc. 314 8,563
Heritage Commerce Corp. (I) 487 3,380
Heritage Financial Corp. 295 4,434
Heritage Oaks Bancorp (I) 942 5,426
Home BancShares, Inc. 638 21,749
Horizon Bancorp 196 5,602
Huntington Bancshares, Inc. 20,382 140,636
Iberiabank Corp. (L) 709 32,472
Independent Bank Corp.- MA (L) 557 16,760
International Bancshares Corp. 1,624 30,937
Intervest Bancshares Corp., Class A (I) 1,023 3,887
Investors Bancorp, Inc. 2,672 48,737
KeyCorp 22,547 197,061
Lakeland Bancorp, Inc. 501 5,185
Lakeland Financial Corp. 379 10,460
M&T Bank Corp. 2,996 285,099
Macatawa Bank Corp. (I)(L) 189 588
MainSource Financial Group, Inc. 345 4,430
MB Financial, Inc. 1,370 27,058
Mercantile Bank Corp. (I) 249 4,268
Merchants Bancshares, Inc. 177 5,230
Metro Bancorp, Inc. (I) 365 4,625
MetroCorp Bancshares, Inc. (I) 527 5,581
Middleburg Financial Corp. 287 5,097
MidSouth Bancorp, Inc. 361 5,845
MidWestOne Financial Group, Inc. 168 3,619
National Bankshares, Inc. 222 7,370
National Penn Bancshares, Inc. 3,509 31,967
NBT Bancorp, Inc. (L) 739 16,310
Northrim BanCorp, Inc. 124 2,497
Norwood Financial Corp. 107 3,180
Old National Bancorp 2,285 31,099
OmniAmerican Bancorp, Inc. (I) 300 6,819
Oriental Financial Group, Inc. (L) 922 9,699
Pacific Capital Bancorp (I) 765 35,114
Pacific Continental Corp. 507 4,528
Pacific Mercantile Bancorp (I) 547 3,577
PacWest Bancorp 776 18,135
Park National Corp. 392 27,448
Peapack Gladstone Financial Corp. (L) 326 5,327
Penns Woods Bancorp, Inc. 126 5,586
Peoples Bancorp, Inc. 361 8,263

 

396

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Total Stock Market Index Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Commercial Banks (continued)    
Peoples Financial Corp. 366 $ 3,034
Pinnacle Financial Partners, Inc. (I)(L) 731 14,123
PNC Financial Services Group, Inc. 12,456 785,974
Popular, Inc. (I) 2,513 43,802
Preferred Bank (I) 304 4,311
PrivateBancorp, Inc. 1,746 27,919
Prosperity Bancshares, Inc. 1,087 46,328
Regions Financial Corp. 33,145 238,975
Renasant Corp. 644 12,626
Republic Bancorp, Inc., Class A (L) 553 12,138
S&T Bancorp, Inc. 617 10,865
Sandy Spring Bancorp, Inc. 538 10,357
SCBT Financial Corp. 357 14,380
Seacoast Banking Corp. of Florida (I) 3,239 5,150
Sierra Bancorp 405 4,965
Signature Bank (I)(L) 1,094 73,386
Simmons First National Corp., Class A (L) 411 10,010
Southside Bancshares, Inc. 340 7,415
Southwest Bancorp, Inc. (I) 272 2,951
State Bank Financial Corp. 857 14,132
StellarOne Corp. 406 5,343
Sterling Bancorp 1,021 10,128
Sterling Financial Corp. 1,391 30,978
Suffolk Bancorp (I) 361 5,292
Sun Bancorp, Inc. (I) 1,838 6,194
SunTrust Banks, Inc. 12,667 358,096
Susquehanna Bancshares, Inc. 4,360 45,606
SVB Financial Group (I) 1,022 61,790
SY Bancorp, Inc. 393 9,298
Synovus Financial Corp. (L) 19,112 45,295
Taylor Capital Group, Inc. (I) 701 12,001
TCF Financial Corp. 3,834 45,778
Texas Capital Bancshares, Inc. (I)(L) 906 45,037
The Bancorp, Inc. (I) 700 7,189
The First of Long Island Corp. 263 8,103
Tompkins Financial Corp. 420 17,018
TowneBank 708 10,854
Trico Bancshares 463 7,653
Trustmark Corp. 1,569 38,189
U.S. Bancorp 45,088 1,546,518
UMB Financial Corp. (L) 1,004 48,875
Umpqua Holdings Corp. (L) 2,759 35,564
Union First Market Bankshares Corp. 524 8,153
United Bankshares, Inc. 1,203 29,967
United Community Banks, Inc. (I) 876 7,350
Univest Corp. of Pennsylvania 425 7,650
Valley National Bancorp 4,698 47,074
Virginia Commerce Bancorp, Inc. (I) 830 7,263
Washington Banking Company 255 3,613
Washington Trust Bancorp, Inc. 356 9,352
Webster Financial Corp. 2,088 49,486
Wells Fargo & Company 124,198 4,288,557
WesBanco, Inc. 568 11,763
West Bancorp, Inc. 339 4,085
West Coast Bancorp 391 8,805
Westamerica Bancorp. 657 30,912
Western Alliance Bancorp (I) 1,764 17,993
Wilshire Bancorp, Inc. (I) 1,518 9,563
Wintrust Financial Corp. (L) 886 33,287
Zions Bancorporation 4,373 90,324
 
    12,548,917
Consumer Finance - 0.8%    
American Express Company 27,468 1,561,830
Capital One Financial Corp. 13,018 742,156

 

Total Stock Market Index Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Consumer Finance (continued)    
Cash America International, Inc. (L) 711 $ 27,423
CompuCredit Holdings Corp. (I) 1,048 3,899
Credit Acceptance Corp. (I) 613 52,418
DFC Global Corp. (I) 1,023 17,544
Discover Financial Services 12,448 494,559
Ezcorp, Inc., Class A (I) 1,228 28,158
First Cash Financial Services, Inc. (I) 673 30,965
Green Dot Corp., Class A (I) 812 9,931
Imperial Holdings, Inc. (I) 412 1,405
Nelnet, Inc., Class A 1,071 25,426
Netspend Holdings, Inc. (I) 1,890 18,579
Regional Management Corp. (I) 351 6,055
SLM Corp. 11,967 188,121
The First Marblehead Corp. (I)(L) 3,582 3,761
World Acceptance Corp. (I)(L) 327 22,056
 
    3,234,286
Diversified Financial Services - 2.3%    
Bank of America Corp. 252,863 2,232,780
California First National Bancorp 339 6,251
CBOE Holdings, Inc. 2,142 63,018
Citigroup, Inc. 68,964 2,256,502
CME Group, Inc. 7,815 447,800
Gain Capital Holdings, Inc. 1,138 5,610
Interactive Brokers Group, Inc., Class A 1,129 15,829
IntercontinentalExchange, Inc. (I) 1,704 227,331
JPMorgan Chase & Company 89,923 3,640,083
KKR Financial Holdings LLC 4,229 42,501
Leucadia National Corp. (L) 5,745 130,699
Life Partners Holdings, Inc. (L) 788 2,128
MarketAxess Holdings, Inc. 867 27,397
Marlin Business Services Corp. 253 5,366
MicroFinancial, Inc. 548 5,014
Moody’s Corp. (L) 5,240 231,451
MSCI, Inc. (I) 2,844 101,787
NewStar Financial, Inc. (I) 1,022 12,254
NYSE Euronext 6,070 149,626
PHH Corp. (I) 1,363 27,737
PICO Holdings, Inc. (I) 459 10,474
Resource America, Inc., Class A 737 5,041
The NASDAQ OMX Group, Inc. 4,068 94,764
 
    9,741,443
Insurance - 3.8%    
Aflac, Inc. 10,955 524,525
Alleghany Corp. (I) 392 135,216
Allied World Assurance Company    
Holdings AG 864 66,744
Alterra Capital Holdings, Ltd. 2,356 56,403
American Equity Investment Life    
Holding Company (L) 1,277 14,852
American Financial Group, Inc. 2,332 88,383
American International Group, Inc. (I) 44,697 1,465,615
American National Insurance Company 628 45,109
American Safety Insurance Holdings, Ltd. (I) 198 3,701
AMERISAFE, Inc. (I) 368 9,988
Amtrust Financial Services, Inc. (L) 1,610 41,248
Arch Capital Group, Ltd. (I) 3,234 134,793
Argo Group International Holdings, Ltd. 654 21,183
Arthur J. Gallagher & Company 2,668 95,568
Aspen Insurance Holdings, Ltd. 1,667 50,827
Assurant, Inc. 2,044 76,241
Assured Guaranty, Ltd. 4,193 57,109
Axis Capital Holdings, Ltd. 3,134 109,439
Baldwin & Lyons, Inc., Class B 318 7,603

 

397

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Total Stock Market Index Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Insurance (continued)    
Berkshire Hathaway, Inc., Class B (I) 58,023 $ 5,117,629
Brown & Brown, Inc. 3,423 89,238
Cincinnati Financial Corp. 3,808 144,285
Citizens, Inc. (I)(L) 1,265 13,270
CNA Financial Corp. 6,333 169,724
CNO Financial Group, Inc. 5,910 57,032
Crawford & Company, Class B 1,523 7,630
Donegal Group, Inc., Class A 577 8,101
Eastern Insurance Holdings, Inc. 463 7,765
eHealth, Inc. (I) 514 9,648
EMC Insurance Group, Inc. 262 5,502
Employers Holdings, Inc. 815 14,939
Endurance Specialty Holdings, Ltd. 1,070 41,195
Enstar Group, Ltd. (I) 327 32,586
Erie Indemnity Company, Class A 1,156 74,296
Everest Re Group, Ltd. 1,285 137,444
FBL Financial Group, Inc., Class A 711 23,605
Fidelity National Financial, Inc., Class A 5,254 112,383
First American Financial Corp. 2,568 55,649
Flagstone Reinsurance Holdings SA 1,521 13,065
Fortegra Financial Corp. (I) 697 5,527
Genworth Financial, Inc., Class A (I) 11,738 61,390
Greenlight Capital Re, Ltd., Class A (I) 826 20,444
Hallmark Financial Services, Inc. (I) 346 2,816
Hartford Financial Services Group, Inc. 10,288 199,999
HCC Insurance Holdings, Inc. 2,503 84,827
Hilltop Holdings, Inc. (I) 1,210 15,379
Homeowners Choice, Inc. (L) 340 7,990
Horace Mann Educators Corp. 866 15,683
Independence Holding Company 699 7,039
Infinity Property & Casualty Corp. 310 18,721
Investors Title Company 91 5,937
Kansas City Life Insurance Company 217 8,361
Kemper Corp. 1,473 45,236
Lincoln National Corp. 6,899 166,887
Loews Corp. 9,372 386,689
Maiden Holdings, Ltd. 1,550 13,780
Markel Corp. (I) 225 103,160
Marsh & McLennan Companies, Inc. 12,795 434,134
MBIA, Inc. (I) 4,550 46,092
Meadowbrook Insurance Group, Inc. 1,157 8,897
Mercury General Corp. 1,321 51,057
MetLife, Inc. 24,944 859,570
Montpelier Re Holdings, Ltd. 1,358 30,053
National Financial Partners Corp. (I)(L) 914 15,447
National Interstate Corp. 423 10,913
National Western Life Insurance    
Company, Class A 76 10,887
Old Republic International Corp. 5,998 55,781
OneBeacon Insurance Group, Ltd., Class A 2,238 30,079
PartnerRe, Ltd. 1,553 115,357
Platinum Underwriters Holdings, Ltd. 885 36,170
Presidential Life Corp. 895 12,467
Primerica, Inc. 1,482 42,444
Principal Financial Group, Inc. 7,044 189,765
ProAssurance Corp. 735 66,473
Protective Life Corp. 1,973 51,712
Prudential Financial, Inc. 11,511 627,465
Reinsurance Group of America, Inc. 1,702 98,495
RenaissanceRe Holdings, Ltd. 1,236 95,221
RLI Corp. 484 32,263
Safety Insurance Group, Inc. 326 14,957
SeaBright Holdings, Inc. 318 3,498
Selective Insurance Group, Inc. 1,211 22,997
StanCorp Financial Group, Inc. (L) 1,053 32,896

 

Total Stock Market Index Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Insurance (continued)    
State Auto Financial Corp. 848 $ 13,899
Stewart Information Services Corp. (L) 519 10,453
Symetra Financial Corp. 2,961 36,420
The Allstate Corp. 11,748 465,338
The Chubb Corp. 6,374 486,209
The Hanover Insurance Group, Inc. 1,079 40,204
The Navigators Group, Inc. (I) 349 17,180
The Phoenix Companies, Inc. (I)(L) 175 5,367
The Progressive Corp. 14,383 298,303
The Travelers Companies, Inc. 9,249 631,337
Torchmark Corp. 2,388 122,624
Tower Group, Inc. 901 17,470
United Fire Group, Inc. 567 14,243
Universal Insurance Holdings, Inc. 1,281 4,932
Unum Group (L) 6,901 132,637
Validus Holdings, Ltd. 2,334 79,146
W.R. Berkley Corp. 3,268 122,517
White Mountains Insurance Group, Ltd. 165 84,701
 
    15,887,468
Real Estate Investment Trusts - 2.9%    
Acadia Realty Trust 953 23,653
AG Mortgage Investment Trust, Inc. 417 10,062
Agree Realty Corp. 281 7,163
Alexander’s, Inc. 126 53,864
Alexandria Real Estate Equities, Inc. 1,458 107,192
American Assets Trust, Inc. 957 25,638
American Campus Communities, Inc. (L) 1,725 75,693
American Capital Agency Corp. 6,723 232,549
Annaly Capital Management, Inc. 22,654 381,493
Anworth Mortgage Asset Corp. 3,235 21,998
Apartment Investment & Management    
Company, Class A 2,855 74,201
Apollo Commercial Real Estate Finance, Inc. 581 10,075
Apollo Residential Mortgage, Inc. 567 12,497
Arbor Realty Trust, Inc. 993 5,928
Ares Commercial Real Estate Corp. (L) 334 5,698
ARMOUR Residential REIT, Inc. 3,905 29,912
Ashford Hospitality Trust, Inc. 1,677 14,087
Associated Estates Realty Corp. 1,065 16,145
AvalonBay Communities, Inc. 2,234 303,802
BioMed Realty Trust, Inc. 3,595 67,298
Boston Properties, Inc. 3,505 387,688
Brandywine Realty Trust 3,196 38,959
BRE Properties, Inc. 1,773 83,136
BRT Realty Trust (I) 597 3,881
Camden Property Trust 1,796 115,824
Campus Crest Communities, Inc. 582 6,286
Capital Trust, Inc., Class A (I) 6 23
CapLease, Inc. 1,672 8,644
Capstead Mortgage Corp. 2,151 29,017
CBL & Associates Properties, Inc. 3,484 74,349
Cedar Realty Trust, Inc. 1,659 8,760
Chatham Lodging Trust 582 8,078
Chesapeake Lodging Trust 837 16,631
Chimera Investment Corp. 23,852 64,639
Colonial Properties Trust 2,110 44,416
Colony Financial, Inc. 862 16,792
CommonWealth REIT 1,997 29,076
Coresite Realty Corp. 449 12,096
Corporate Office Properties Trust (L) 1,725 41,348
Cousins Properties, Inc. 2,213 17,571
CreXus Investment Corp. 1,825 19,728
CubeSmart 2,961 38,108
CYS Investments, Inc. 2,621 36,930

 

398

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Total Stock Market Index Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Real Estate Investment Trusts (continued)    
DCT Industrial Trust, Inc. (L) 5,788 $ 37,448
DDR Corp. 6,575 100,992
DiamondRock Hospitality Company 3,957 38,106
Digital Realty Trust, Inc. 2,483 173,438
Douglas Emmett, Inc. 3,208 74,009
Duke Realty Corp. 6,210 91,287
DuPont Fabros Technology, Inc. 1,429 36,082
Dynex Capital, Inc. 1,357 14,588
EastGroup Properties, Inc. 693 36,868
Education Realty Trust, Inc. 2,304 25,114
Entertainment Properties Trust 1,086 48,251
Equity Lifestyle Properties, Inc. 975 66,417
Equity One, Inc. 2,788 58,715
Equity Residential 7,075 407,025
Essex Property Trust, Inc. 823 122,002
Excel Trust, Inc. 858 9,798
Extra Space Storage, Inc. 2,227 74,048
Federal Realty Investment Trust 1,494 157,318
FelCor Lodging Trust, Inc. (I) 3,275 15,524
First Industrial Realty Trust, Inc. (I) 1,910 25,097
First Potomac Realty Trust 1,135 14,619
Franklin Street Properties Corp. 1,913 21,177
General Growth Properties, Inc. 22,103 430,566
Getty Realty Corp. (L) 779 13,983
Gladstone Commercial Corp. 304 5,551
Glimcher Realty Trust 3,168 33,486
Government Properties Income Trust 1,126 26,348
Gramercy Capital Corp. (I) 1,840 5,538
Hatteras Financial Corp. 2,041 57,536
HCP, Inc. 9,660 429,677
Health Care REIT, Inc. 4,897 282,802
Healthcare Realty Trust, Inc. 1,849 42,619
Hersha Hospitality Trust 4,355 21,340
Highwoods Properties, Inc. (L) 1,715 55,943
Home Properties, Inc. 1,128 69,113
Hospitality Properties Trust 2,911 69,224
Host Hotels & Resorts, Inc. (L) 16,666 267,489
Hudson Pacific Properties, Inc. 1,159 21,442
Inland Real Estate Corp. (L) 1,968 16,236
Invesco Mortgage Capital, Inc. 2,783 56,022
Investors Real Estate Trust (L) 2,146 17,747
iStar Financial, Inc. (I)(L) 1,937 16,038
Kilroy Realty Corp. 1,528 68,424
Kimco Realty Corp. 9,585 194,288
Kite Realty Group Trust 1,666 8,497
LaSalle Hotel Properties 2,027 54,101
Lexington Realty Trust (L) 3,804 36,747
Liberty Property Trust 2,719 98,537
LTC Properties, Inc. 764 24,333
Mack-Cali Realty Corp. 2,075 55,195
Medical Properties Trust, Inc. 3,201 33,450
MFA Financial, Inc. 8,465 71,953
Mid-America Apartment Communities, Inc. 951 62,110
Mission West Properties, Inc. 425 3,698
Monmouth Real Estate    
Investment Corp., Class A 804 8,997
MPG Office Trust, Inc. (I) 1,961 6,569
National Health Investments, Inc. 688 35,391
National Retail Properties, Inc. 2,499 76,220
New York Mortgage Trust, Inc. 907 6,394
Newcastle Investment Corp. 3,417 25,730
NorthStar Realty Finance Corp. (L) 3,620 23,023
Omega Healthcare Investors, Inc. 2,439 55,438
One Liberty Properties, Inc. 359 6,695
Parkway Properties, Inc. 348 4,653

 

Total Stock Market Index Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Real Estate Investment Trusts (continued)    
Pebblebrook Hotel Trust 1,251 $ 29,261
Pennsylvania Real Estate Investment Trust 1,314 20,840
PennyMac Mortgage Investment Trust 1,030 24,071
Piedmont Office Realty Trust, Inc., Class A 4,093 70,973
Plum Creek Timber Company, Inc. (L) 3,802 166,680
PMC Commercial Trust 406 3,045
Post Properties, Inc. 1,263 60,573
Potlatch Corp. 951 35,539
Prologis, Inc. 10,830 379,375
PS Business Parks, Inc. 556 37,152
Public Storage 4,048 563,360
RAIT Financial Trust (L) 1,551 8,143
Ramco-Gershenson Properties Trust 1,184 14,836
Rayonier, Inc. (L) 2,853 139,826
Realty Income Corp. (L) 3,134 128,149
Redwood Trust, Inc. 1,816 26,259
Regency Centers Corp. 2,150 104,770
Resource Capital Corp. 1,630 9,584
Retail Properties of America, Inc., Class A 3,187 36,077
RLJ Lodging Trust 2,541 48,050
Rouse Properties, Inc. (L) 1,216 17,450
Sabra Health Care REIT, Inc. 982 19,650
Saul Centers, Inc. 429 19,048
Select Income REIT 788 19,401
Senior Housing Properties Trust 3,905 85,051
Simon Property Group, Inc. 6,998 1,062,366
SL Green Realty Corp. 2,046 163,823
Sovran Self Storage, Inc. 710 41,074
STAG Industrial, Inc. 714 11,610
Starwood Property Trust, Inc. 2,468 57,430
Strategic Hotels & Resorts, Inc. (I) 4,829 29,022
Summit Hotel Properties, Inc. 894 7,635
Sun Communities, Inc. 583 25,722
Sunstone Hotel Investors, Inc. (I) 2,901 31,911
Tanger Factory Outlet Centers 2,168 70,091
Taubman Centers, Inc. 1,349 103,509
Terreno Realty Corp. 423 6,683
The Macerich Company 3,109 177,928
UDR, Inc. 5,691 141,251
UMH Properties, Inc. 500 5,985
Universal Health Realty Income Trust 329 15,127
Urstadt Biddle Properties, Inc. 242 4,661
Urstadt Biddle Properties, Inc., Class A 678 13,716
Ventas, Inc. 6,822 424,670
Vornado Realty Trust 4,352 352,730
Washington Real Estate Investment Trust 1,560 41,839
Weingarten Realty Investors 2,862 80,451
Weyerhaeuser Company 12,629 330,122
Whitestone REIT 195 2,574
Winthrop Realty Trust 634 6,835
WP Carey, Inc. 957 46,893
 
    12,450,815
Real Estate Management & Development - 0.2%    
Alexander & Baldwin, Inc. (I) 1,025 30,268
Altisource Portfolio Solutions SA (I) 562 48,473
American Realty Capital Properties, Inc. 433 5,395
American Spectrum Realty, Inc. (I) 265 996
AV Homes, Inc. (I) 319 4,734
Brookfield Office Properties Corp. 11,828 195,872
CBRE Group, Inc., Class A (I) 7,677 141,334
Consolidated-Tomoka Land Company (L) 186 6,118
Forest City Enterprises, Inc., Class A (I)(L) 4,002 63,432
Forestar Group, Inc. (I) 777 12,945
Jones Lang LaSalle, Inc. 1,021 77,953

 

399

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Total Stock Market Index Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Real Estate Management & Development (continued)  
Tejon Ranch Company (I) 488 $ 14,660
The Howard Hughes Corp. (I) 917 65,153
The St. Joe Company (I)(L) 2,200 42,900
Thomas Properties Group, Inc. 739 4,301
Zillow, Inc., Class A (I)(L) 673 28,387
 
    742,921
Thrifts & Mortgage Finance - 0.3%    
Astoria Financial Corp. (L) 2,156 21,301
Bank Mutual Corp. 1,528 6,952
BankFinancial Corp. 281 2,470
BBX Capital Corp., Class A (I) 641 4,141
Beacon Federal Bancorp, Inc. 268 5,510
Beneficial Mutual Bancorp, Inc. (I) 1,922 18,374
Berkshire Hill Bancorp, Inc. 656 15,009
BofI Holding, Inc. (I) 186 4,845
Brookline Bancorp, Inc. 1,601 14,121
Cape Bancorp, Inc. (I) 445 4,165
Capitol Federal Financial, Inc. 4,000 47,840
Charter Financial Corp. 469 4,573
Chicopee Bancorp, Inc. (I) 261 3,771
Citizens South Banking Corp. 574 4,018
Clifton Savings Bancorp, Inc. 529 5,819
Dime Community Bancshares, Inc. 830 11,985
Doral Financial Corp. (I) 3,913 3,681
ESB Financial Corp. 355 4,956
ESSA Bancorp, Inc. 417 4,333
EverBank Financial Corp. 2,413 33,227
Federal Agricultural Mortgage Corp., Class C 198 5,097
Federal Home Loan Mortgage Corp. (I) 17,838 4,602
Federal National Mortgage Association (I)(L) 30,524 8,486
First Defiance Financial Corp. 319 5,506
First Financial Holdings, Inc. 552 7,170
First Financial Northwest, Inc. (I) 325 2,616
First Pactrust Bancorp, Inc. 371 4,641
Flagstar Bancorp, Inc. (I) 14,703 16,173
Flushing Financial Corp. 852 13,462
Fox Chase Bancorp, Inc. 321 5,014
Franklin Financial Corp. (I) 301 5,135
Hampden Bancorp, Inc. 65 822
Heritage Financial Group, Inc. 198 2,602
Home Bancorp, Inc. (I) 339 6,099
Home Federal Bancorp, Inc. 520 5,886
HomeStreet, Inc. (I) 118 4,491
Hudson City Bancorp, Inc. 12,343 98,250
Kaiser Federal Financial Group, Inc. 370 5,583
Kearny Financial Corp. 1,615 15,730
Meridian Interstate Bancorp, Inc. (I) 515 8,498
Meta Financial Group, Inc. 182 4,414
MGIC Investment Corp. (I) 4,683 7,165
MutualFirst Financial, Inc. 350 3,983
NASB Financial, Inc. (I) 241 5,986
New England Bancshares, Inc. 298 4,080
New York Community Bancorp, Inc. (L) 10,424 147,604
Northfield Bancorp, Inc. (L) 1,063 17,029
Northwest Bancshares, Inc. 2,383 29,144
Ocean Shore Holding Company 259 3,481
OceanFirst Financial Corp. 500 7,335
Ocwen Financial Corp. (I) 2,988 81,901
Oneida Financial Corp. 434 4,566
Oritani Financial Corp. 1,190 17,910
People’s United Financial, Inc. 8,378 101,709
Provident Financial Holdings, Inc. 232 3,297
Provident Financial Services, Inc. 1,435 22,659
Provident New York Bancorp 799 7,519

 

Total Stock Market Index Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Thrifts & Mortgage Finance (continued)    
Radian Group, Inc. (L) 2,897 $ 12,573
Rockville Financial, Inc. 684 8,379
Roma Financial Corp. 677 6,025
SI Financial Group, Inc. 233 2,731
Teche Holding Company 89 3,588
Territorial Bancorp, Inc. 309 7,092
TFS Financial Corp. (I) 7,160 64,941
Tree.com, Inc. (I) 454 7,114
TrustCo Bank Corp. 2,241 12,819
United Community Financial Corp. (I) 1,412 4,928
United Financial Bancorp, Inc. 332 4,804
ViewPoint Financial Group 889 17,042
Walker & Dunlop, Inc. (I) 651 10,006
Washington Federal, Inc. 2,606 43,468
Waterstone Financial, Inc. (I) 289 1,500
Westfield Financial, Inc. 590 4,419
WSFS Financial Corp. 229 9,453
 
    1,137,618
    64,040,870
Health Care - 10.7%    
Biotechnology - 1.8%    
Aastrom Biosciences Inc (I) 222 360
Achillion Pharmaceuticals, Inc. (I)(L) 1,525 15,875
Acorda Therapeutics, Inc. (I) 997 25,533
Aegerion Pharmaceuticals, Inc. (I) 465 6,891
Affymax, Inc. (I) 914 19,249
Agenus, Inc. (I) 742 3,421
Alexion Pharmaceuticals, Inc. (I) 4,371 500,042
Alkermes PLC (I) 3,094 64,201
Allos Therapeutics, Inc. (I) 2,833 0
Alnylam Pharmaceuticals, Inc. (I) 1,341 25,197
AMAG Pharmaceuticals, Inc. (I) 504 8,941
Amgen, Inc. 18,681 1,575,182
Amicus Therapeutics, Inc. (I) 825 4,290
Anacor Pharmaceuticals, Inc. (I) 751 4,942
Anthera Pharmaceuticals, Inc. (I) 971 965
Arena Pharmaceuticals, Inc. (I)(L) 4,330 36,026
Ariad Pharmaceuticals, Inc. (I)(L) 3,635 88,058
Arqule, Inc. (I) 1,434 7,328
Array BioPharma, Inc. (I) 2,419 14,175
Astex Pharmaceuticals (I) 2,106 6,465
AVEO Pharmaceuticals, Inc. (I) 937 9,754
BioCryst Pharmaceuticals, Inc. (I)(L) 1,345 5,703
Biogen Idec, Inc. (I) 5,640 841,657
BioMarin Pharmaceutical, Inc. (I)(L) 2,715 109,333
Biospecifics Technologies Corp. (I) 213 4,136
Biotime, Inc. (I)(L) 1,251 5,254
Cel-Sci Corp. (I)(L) 9,231 3,185
Celgene Corp. (I) 10,359 791,428
Cell Therapeutics, Inc. (I)(L) 824 2,002
Celldex Therapeutics, Inc. (I)(L) 1,190 7,497
Cepheid, Inc. (I)(L) 1,496 51,627
Chelsea Therapeutics International, Ltd. (I) 1,686 2,023
Clovis Oncology, Inc. (I) 543 11,104
Codexis, Inc. (I) 682 2,066
Cubist Pharmaceuticals, Inc. (I) 1,446 68,945
Curis, Inc. (I) 1,723 7,133
Cytokinetics, Inc. (I) 3,553 2,960
Cytomedix, Inc. (I) 2,220 1,954
Cytori Therapeutics, Inc. (I)(L) 1,530 6,747
CytRx Corp. (I)(L) 916 3,325
Dendreon Corp. (I)(L) 3,465 16,736
Discovery Laboratories, Inc. (I) 1,667 5,468

 

400

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Total Stock Market Index Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Biotechnology (continued)    
Dusa Pharmaceuticals, Inc. (I) 924 $ 6,274
Dyax Corp. (I) 2,894 7,524
Dynavax Technologies Corp. (I) 3,740 17,802
Emergent Biosolutions, Inc. (I) 908 12,903
Enzon Pharmaceuticals, Inc. (I) 869 6,048
Exact Sciences Corp. (I) 1,158 12,750
Exelixis, Inc. (I)(L) 3,801 18,321
Genomic Health, Inc. (I)(L) 747 25,913
Geron Corp. (I)(L) 2,658 4,519
Gilead Sciences, Inc. (I) 17,866 1,185,052
GTx, Inc. (I) 1,712 7,841
Halozyme Therapeutics, Inc. (I) 2,595 19,618
Idenix Pharmaceuticals, Inc. (I) 2,529 11,558
Idera Pharmaceuticals, Inc. (I) 1,889 1,889
Immunogen, Inc. (I) 1,931 28,193
Immunomedics, Inc. (I) 2,223 7,803
Incyte Corp. (I)(L) 3,053 55,107
Infinity Pharmaceuticals, Inc. (I) 546 12,858
Insmed, Inc. (I) 734 3,340
InterMune, Inc. (I) 1,581 14,182
Ironwood Pharmaceuticals, Inc. (I)(L) 2,647 33,829
Isis Pharmaceuticals, Inc. (I) 2,245 31,587
Keryx Biopharmaceuticals Inc. (I) 1,712 4,828
Lexicon Pharmaceuticals, Inc. (I)(L) 11,846 27,483
Ligand Pharmaceuticals, Inc., Class B (I) 565 9,690
MannKind Corp. (I)(L) 3,187 9,179
Maxygen, Inc. 1,126 2,973
Medivation, Inc. (I)(L) 1,732 97,616
Merrimack Pharmaceuticals, Inc. (I)(L) 2,313 21,696
Metabolix, Inc. (I) 824 1,376
Momenta Pharmaceuticals, Inc. (I) 1,128 16,435
Myrexis, Inc. (I) 1,464 3,558
Myriad Genetics, Inc. (I) 1,918 51,767
Nabi Biopharmaceuticals (I) 2,224 3,936
Nanosphere, Inc. (I) 153 508
Neurocrine Biosciences, Inc. (I) 1,654 13,199
NewLink Genetics Corp. (I) 427 6,930
Novavax, Inc. (I) 2,891 6,245
NPS Pharmaceuticals, Inc. (I) 2,218 20,517
OncoGenex Pharmaceuticals, Inc. (I) 331 4,690
Onyx Pharmaceuticals, Inc. (I) 1,547 130,722
Opko Health, Inc. (I)(L) 7,133 29,816
Orexigen Therapeutics, Inc. (I) 1,575 8,993
Osiris Therapeutics, Inc. (I)(L) 586 6,475
PDL BioPharma, Inc. (L) 3,179 24,447
Pharmacyclics, Inc. (I) 1,638 105,651
PharmAthene, Inc. (I) 2,050 2,419
Progenics Pharmaceuticals, Inc. (I) 637 1,828
Protalix BioTherapeutics, Inc. (I) 1,952 10,111
Raptor Pharmaceutical Corp. (I) 1,261 7,011
Regeneron Pharmaceuticals, Inc. (I) 2,222 339,211
Repligen Corp. (I) 394 2,348
Rigel Pharmaceuticals, Inc. (I) 1,559 15,980
Sangamo Biosciences, Inc. (I) 1,339 8,141
Sarepta Therapeutics, Inc. (I) 825 12,812
Savient Pharmaceuticals, Inc. (I)(L) 1,834 4,567
Seattle Genetics, Inc. (I)(L) 2,734 73,681
SIGA Technologies, Inc. (I) 1,202 3,846
Spectrum Pharmaceuticals, Inc. (I)(L) 1,314 15,374
Sunesis Pharmaceuticals Inc (I) 1,601 9,046
Synageva BioPharma Corp. (I) 551 29,440
Synergy Pharmaceuticals, Inc. (I) 1,368 6,539
Synta Pharmaceuticals Corp. (I) 1,470 11,201
Targacept, Inc. (I)(L) 722 3,531
Theravance, Inc. (I)(L) 2,109 54,644

 

Total Stock Market Index Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Biotechnology (continued)    
Threshold Pharmaceuticals, Inc. (I) 1,171 $ 8,478
Trius Therapeutics, Inc. (I) 804 4,687
Unigene Laboratories, Inc. (I) 3,859 571
United Therapeutics Corp. (I) 1,275 71,247
Vanda Pharmaceuticals, Inc. (I) 813 3,276
Verastem, Inc. (I) 675 6,338
Vertex Pharmaceuticals, Inc. (I) 4,956 277,288
Vical, Inc. (I) 1,786 7,716
XOMA Corp. (I) 2,065 7,620
Zalicus, Inc. (I) 2,383 1,764
ZIOPHARM Oncology, Inc. (I)(L) 1,643 8,954
 
    7,510,488
Health Care Equipment & Supplies - 1.6%    
Abaxis, Inc. (I) 481 17,278
ABIOMED, Inc. (I)(L) 856 17,967
Accuray, Inc. (I) 1,374 9,728
Alere, Inc. (I) 1,898 36,992
Align Technology, Inc. (I)(L) 1,916 70,835
Alphatec Holdings, Inc. (I) 2,105 3,473
Analogic Corp. 263 20,559
AngioDynamics, Inc. (I) 717 8,747
Anika Therapeutics, Inc. (I) 423 6,353
Antares Pharma, Inc. (I)(L) 2,166 9,444
ArthroCare Corp. (I) 692 22,421
AtriCure, Inc. (I) 522 3,884
Atrion Corp. 42 9,303
Baxter International, Inc. 13,207 795,854
Becton, Dickinson and Company 4,944 388,401
Biolase, Inc. (I) 1,197 2,047
Boston Scientific Corp. (I) 34,252 196,606
C.R. Bard, Inc. 2,002 209,509
Cantel Medical Corp. 697 18,875
Cardiovascular Systems, Inc. (I) 285 3,295
CareFusion Corp. (I) 5,309 150,723
Cerus Corp. (I)(L) 1,672 5,685
Conceptus, Inc. (I) 813 16,512
CONMED Corp. 603 17,186
CryoLife, Inc. 961 6,458
Cutera, Inc. (I) 517 3,862
Cyberonics, Inc. (I) 620 32,500
Cynosure, Inc., Class A (I) 243 6,410
Delcath Systems, Inc. (I) 1,249 2,023
DENTSPLY International, Inc. 3,300 125,862
Derma Sciences, Inc. (I) 462 4,796
DexCom, Inc. (I)(L) 1,694 25,461
Edwards Lifesciences Corp. (I) 2,693 289,147
Endologix, Inc. (I) 1,262 17,441
EnteroMedics, Inc. (I) 534 1,949
Exactech, Inc. (I) 230 4,101
GenMark Diagnostics, Inc. (I) 864 7,957
Greatbatch, Inc. (I) 471 11,459
Haemonetics Corp. (I) 605 48,521
Hansen Medical, Inc. (I)(L) 1,736 3,385
HeartWare International, Inc. (I) 353 33,355
Hill-Rom Holdings, Inc. 1,517 44,084
Hologic, Inc. (I) 6,239 126,277
ICU Medical, Inc. (I)(L) 360 21,773
IDEXX Laboratories, Inc. (I)(L) 1,307 129,850
Insulet Corp. (I)(L) 1,189 25,659
Integra LifeSciences Holdings Corp. (I) 585 24,044
Intuitive Surgical, Inc. (I) 936 463,910
Invacare Corp. 804 11,369
IRIS International, Inc. (I) 571 11,146
LeMaitre Vascular, Inc. 96 616

 

401

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Total Stock Market Index Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Health Care Equipment & Supplies (continued)    
MAKO Surgical Corp. (I)(L) 1,016 $ 17,689
Masimo Corp. (I) 1,282 30,999
Medical Action Industries, Inc. (I) 647 2,258
Medtronic, Inc. 24,537 1,058,035
MELA Sciences, Inc. (I) 893 2,867
Meridian Bioscience, Inc. (L) 882 16,917
Merit Medical Systems, Inc. (I) 1,003 14,975
Natus Medical, Inc. (I) 845 11,044
Navidea Biopharmaceuticals, Inc. (I)(L) 1,989 5,470
Neogen Corp. (I) 594 25,364
NuVasive, Inc. (I) 995 22,795
NxStage Medical, Inc. (I) 1,350 17,834
OraSure Technologies, Inc. (I) 1,076 11,965
Orthofix International NV (I) 450 20,138
Palomar Medical Technologies, Inc. (I) 656 6,193
PhotoMedex, Inc. (I) 575 8,085
Quidel Corp. (I) 676 12,797
ResMed, Inc. 3,353 135,696
Rochester Medical Corp. (I) 426 5,031
Rockwell Medical Technologies, Inc. (I) 594 4,853
RTI Biologics, Inc. (I) 1,037 4,324
Sirona Dental Systems, Inc. (I) 1,324 75,415
Solta Medical, Inc. (I) 1,717 5,391
Spectranetics Corp. (I) 803 11,844
St. Jude Medical, Inc. 7,515 316,607
Staar Surgical Company (I) 873 6,600
STERIS Corp. 1,403 49,764
Stryker Corp. 8,969 499,215
SurModics, Inc. (I) 312 6,309
Symmetry Medical, Inc. (I) 635 6,280
Synergetics USA, Inc. (I) 781 3,858
Teleflex, Inc. 962 66,224
The Cooper Companies, Inc. 1,144 108,062
Thoratec Corp. (I) 1,365 47,229
TranS1, Inc. (I) 1,095 2,891
Uroplasty, Inc. (I)(L) 1,021 3,890
Utah Medical Products, Inc. 212 7,206
Varian Medical Systems, Inc. (I)(L) 2,656 160,210
Vascular Solutions, Inc. (I) 271 4,014
Volcano Corp. (I) 1,271 36,312
West Pharmaceutical Services, Inc. 811 43,040
Wright Medical Group, Inc. (I) 861 19,037
Young Innovations, Inc. 174 6,803
Zeltiq Aesthetics, Inc. (I) 900 5,076
Zimmer Holdings, Inc. 4,167 281,773
 
    6,733,471
Health Care Providers & Services - 2.0%    
Accretive Health, Inc. (I) 2,325 25,947
Aetna, Inc. 8,209 325,076
Air Methods Corp. (I)(L) 310 37,005
Almost Family, Inc. (I) 242 5,150
Amedisys, Inc. (I)(L) 738 10,192
AMERIGROUP Corp. (I) 1,116 102,036
AmerisourceBergen Corp. 6,023 233,150
AMN Healthcare Services, Inc. (I) 1,002 10,080
Amsurg Corp. (I) 790 22,420
Assisted Living Concepts, Inc., Class A (L) 455 3,472
Bio-Reference Labs, Inc. (I) 734 20,978
BioScrip, Inc. (I) 1,315 11,980
Brookdale Senior Living, Inc. (I) 2,906 67,477
Capital Senior Living Corp. (I) 483 6,989
Cardinal Health, Inc. 8,144 317,372
CardioNet, Inc. (I) 1,057 2,664
Catamaran Corp. (I) 788 77,200

 

Total Stock Market Index Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Health Care Providers & Services (continued)    
Centene Corp. (I) 1,186 $ 44,368
Chemed Corp. (L) 429 29,725
Chindex International, Inc. (I) 513 5,299
Cigna Corp. 6,802 320,850
Community Health Systems, Inc. (I) 2,086 60,786
Corvel Corp. (I) 241 10,785
Coventry Health Care, Inc. 3,367 140,370
Cross Country Healthcare, Inc. (I) 1,002 4,729
DaVita, Inc. (I) 2,216 229,600
Emeritus Corp. (I) 1,079 22,594
ExamWorks Group, Inc. (I) 713 10,638
Express Scripts Holding Company (I) 18,799 1,178,133
Five Star Quality Care, Inc. (I) 1,369 6,996
Gentiva Health Services, Inc. (I)(L) 809 9,158
Hanger, Inc. (I) 841 23,994
HCA Holdings, Inc. 10,313 342,907
Health Management    
Associates, Inc., Class A (I)(L) 6,080 51,011
Health Net, Inc. (I) 1,964 44,210
HealthSouth Corp. (I) 2,288 55,049
Healthways, Inc. (I) 968 11,335
Henry Schein, Inc. (I)(L) 2,105 166,863
HMS Holdings Corp. (I)(L) 2,028 67,796
Humana, Inc. 3,848 269,937
IPC The Hospitalist Company, Inc. (I) 426 19,468
Kindred Healthcare, Inc. (I)(L) 1,247 14,191
Laboratory Corp. of America Holdings (I) 2,231 206,301
Landauer, Inc. (L) 196 11,705
LCA-Vision, Inc. (I) 715 2,889
LHC Group, Inc. (I) 506 9,346
LifePoint Hospitals, Inc. (I)(L) 1,152 49,283
Magellan Health Services, Inc. (I) 679 35,043
McKesson Corp. 5,805 499,404
Medcath Corp. 613 840
MEDNAX, Inc. (I) 1,135 84,501
Metropolitan Health Networks, Inc. (I) 1,175 10,975
Molina Healthcare, Inc. (I) 1,059 26,634
MWI Veterinary Supply, Inc. (I)(L) 319 34,031
National Healthcare Corp. 287 13,701
National Research Corp. 200 10,054
Omnicare, Inc. 2,684 91,175
Owens & Minor, Inc. (L) 1,541 46,045
Patterson Companies, Inc. 2,632 90,120
PDI, Inc. (I) 252 2,008
PharMerica Corp. (I) 545 6,900
PSS World Medical, Inc. (I) 1,202 27,382
Quest Diagnostics, Inc. 3,745 237,545
RadNet, Inc. (I) 1,485 4,128
Select Medical Holdings Corp. (I) 3,255 36,554
Skilled Healthcare Group, Inc., Class A (I)(L) 1,126 7,240
Sun Healthcare Group, Inc. (I) 807 6,831
Sunrise Senior Living, Inc. (I) 1,485 21,191
Team Health Holdings, Inc. (I) 1,609 43,652
Tenet Healthcare Corp. (I) 9,451 59,258
The Ensign Group, Inc. 547 16,741
The Providence Service Corp. (I) 384 4,988
Triple-S Management Corp., Class B (I) 744 15,550
UnitedHealth Group, Inc. 24,585 1,362,255
Universal American Corp. (I) 1,908 17,630
Universal Health Services, Inc., Class B 2,318 106,002
US Physical Therapy, Inc. 232 6,410
Vanguard Health Systems, Inc. (I) 1,912 23,651
VCA Antech, Inc. (I) 2,095 41,334
WellCare Health Plans, Inc. (I) 1,019 57,624

 

402

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Total Stock Market Index Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Health Care Providers & Services (continued)    
WellPoint, Inc. 7,855 $ 455,669
    8,202,570
Health Care Technology - 0.1%    
Allscripts Healthcare Solutions, Inc. (I) 4,531 56,320
athenahealth, Inc. (I) 854 78,372
Cerner Corp. (I) 4,022 311,343
Computer Programs & Systems, Inc. 275 15,276
Epocrates, Inc. (I) 733 8,539
Greenway Medical Technologies, Inc. (I)(L) 752 12,859
HealthStream, Inc. (I) 537 15,283
MedAssets, Inc. (I) 1,217 21,663
Medidata Solutions, Inc. (I) 654 27,141
Mediware Information Systems (I) 162 3,549
Merge Healthcare, Inc. (I)(L) 1,992 7,629
Omnicell, Inc. (I) 909 12,635
Quality Systems, Inc. (L) 1,382 25,636
Vocera Communications, Inc. (I) 551 17,031
 
    613,276
Life Sciences Tools & Services - 0.5%    
Affymetrix, Inc. (I)(L) 2,012 8,712
Agilent Technologies, Inc. 8,207 315,559
Albany Molecular Research, Inc. (I) 1,104 3,831
Apricus Biosciences, Inc. (I) 775 2,527
Bio-Rad Laboratories, Inc., Class A (I) 662 70,649
Bruker Corp. (I) 3,989 52,216
Cambrex Corp. (I) 678 7,953
Charles River    
Laboratories International, Inc. (I) 1,154 45,698
Complete Genomics, Inc. (I) 696 2,165
Covance, Inc. (I)(L) 1,331 62,144
Enzo Biochem, Inc. (I) 1,398 2,852
Fluidigm Corp. (I) 369 6,273
Furiex Pharmaceuticals, Inc. (I) 267 5,094
Harvard Bioscience, Inc. (I) 1,254 5,304
Illumina, Inc. (I)(L) 2,947 142,045
Life Technologies Corp. (I) 4,238 207,153
Luminex Corp. (I)(L) 925 17,982
Mettler-Toledo International, Inc. (I)(L) 735 125,494
Pacific Biosciences of California, Inc. (I) 960 1,757
PAREXEL International Corp. (I) 1,448 44,540
PerkinElmer, Inc. 2,680 78,980
Sequenom, Inc. (I)(L) 2,766 9,764
Techne Corp. 874 62,876
Thermo Fisher Scientific, Inc. 8,629 507,644
Waters Corp. (I) 2,108 175,660
 
    1,964,872
Pharmaceuticals - 4.7%    
Abbott Laboratories 37,061 2,540,902
Acura Pharmaceuticals, Inc. (I) 1,383 2,406
Akorn, Inc. (I)(L) 2,250 29,745
Alexza Pharmaceuticals, Inc. (I) 317 1,395
Alimera Sciences, Inc. (I) 713 1,840
Allergan, Inc. 7,165 656,171
Auxilium Pharmaceuticals, Inc. (I) 1,190 29,107
AVANIR Pharmaceuticals, Inc., Class A (I) 2,804 8,973
BioDelivery Sciences International, Inc. (I) 1,103 6,971
Biosante Pharmaceuticals, Inc. (I)(L) 448 847
Bristol-Myers Squibb Company 39,767 1,342,136
Cadence Pharmaceuticals, Inc. (I) 2,397 9,396
Columbia Laboratories, Inc. (I) 2,813 2,785
Corcept Therapeutics, Inc. (I) 2,007 5,600
Cornerstone Therapeutics, Inc. (I) 761 3,904
Cumberland Pharmaceuticals, Inc. (I) 672 4,341

 

Total Stock Market Index Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Pharmaceuticals (continued)    
Depomed, Inc. (I) 1,587 $ 9,379
Durect Corp. (I) 2,824 4,067
Eli Lilly & Company 27,343 1,296,332
Endo Health Solutions, Inc. (I) 2,772 87,928
Endocyte, Inc. (I) 763 7,607
Forest Laboratories, Inc. (I) 6,228 221,779
Forest Laboratories, Inc. (I) 686 398
Hi-Tech Pharmacal Company, Inc. (I) 254 8,410
Horizon Pharma, Inc. (I) 977 3,390
Hospira, Inc. (I) 3,929 128,950
Impax Laboratories, Inc. (I) 1,658 43,042
Indevus Pharmaceuticals, Inc. (I) 2,544 0
Johnson & Johnson 64,673 4,456,616
KV Pharmaceutical Company, Class A (I) 2,026 101
Lannett Company, Inc. (I) 1,072 5,178
MAP Pharmaceuticals, Inc. (I) 660 10,276
Medicis Pharmaceutical Corp., Class A 1,354 58,588
Merck & Company, Inc. 71,734 3,235,203
Mylan, Inc. (I) 10,017 244,415
Nektar Therapeutics (I) 2,587 27,629
Obagi Medical Products, Inc. (I) 555 6,888
Omeros Corp. (I) 486 4,568
Optimer Pharmaceuticals, Inc. (I) 1,209 17,071
Pacira Pharmaceuticals, Inc. (I) 778 13,537
Pain Therapeutics, Inc. (I) 1,407 7,105
Par Pharmaceutical Companies, Inc. (I) 903 45,132
Pernix Therapeutics Holdings (I) 748 5,573
Perrigo Company (L) 2,187 254,064
Pfizer, Inc. 177,647 4,414,528
Pozen, Inc. (I) 456 3,023
Questcor Pharmaceuticals, Inc. (L) 1,473 27,251
Repros Therapeutics, Inc. (I) 554 8,437
Sagent Pharmaceuticals, Inc. (I)(L) 726 11,580
Salix Pharmaceuticals, Ltd. (I) 1,425 60,335
Santarus, Inc. (I) 1,268 11,260
Sciclone Pharmaceuticals, Inc. (I)(L) 1,138 6,316
Sucampo Pharmaceuticals, Inc., Class A (I) 736 3,702
Supernus Pharmaceuticals, Inc. (I)(L) 844 9,748
The Medicines Company (I) 1,210 31,230
Transcept Pharmaceuticals, Inc. (I) 476 2,528
Trubion Pharmaceuticals, Inc. (I) 1,161 0
Ventrus Biosciences, Inc. (I) 458 1,640
ViroPharma, Inc. (I)(L) 1,671 50,498
Vivus, Inc. (I)(L) 2,325 41,432
Watson Pharmaceuticals, Inc. (I) 3,004 255,821
XenoPort, Inc. (I)(L) 842 9,649
Zogenix, Inc. (I)(L) 2,066 5,496
 
    19,804,219
    44,828,896
Industrials - 9.7%    
Aerospace & Defense - 2.0%    
AAR Corp. 1,006 16,519
Aerovironment, Inc. (I) 570 13,378
Alliant Techsystems, Inc. 781 39,136
American Science & Engineering, Inc. 220 14,434
Astronics Corp. (I) 220 6,776
Astronics Corp., Class B (I) 36 1,098
B/E Aerospace, Inc. (I) 2,467 103,861
Ceradyne, Inc. 514 12,557
CPI Aerostructures, Inc. (I) 277 3,003
Cubic Corp. 656 32,839
Curtiss-Wright Corp. 1,137 37,180
DigitalGlobe, Inc. (I) 1,164 23,734

 

403

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Total Stock Market Index Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Aerospace & Defense (continued)    
Ducommun, Inc. (I) 335 $ 4,556
Engility Holdings, Inc. (I) 390 7,202
Esterline Technologies Corp. (I) 729 40,926
Exelis, Inc. 4,311 44,576
GenCorp, Inc. (I) 1,102 10,458
General Dynamics Corp. 8,390 554,747
GeoEye, Inc. (I)(L) 544 14,378
HEICO Corp., Class A 1,272 38,809
Hexcel Corp. (I)(L) 2,343 56,279
Honeywell International, Inc. 18,250 1,090,438
Huntington Ingalls Industries, Inc. (I) 1,174 49,367
Kratos Defense & Security Solutions, Inc. (I) 1,499 8,754
L-3 Communications Holdings, Inc. 2,342 167,945
LMI Aerospace, Inc. (I) 376 7,685
Lockheed Martin Corp. 7,656 714,917
Moog, Inc., Class A (I) 1,069 40,483
National Presto Industries, Inc. (L) 167 12,171
Northrop Grumman Corp. 5,932 394,063
Orbital Sciences Corp. (I) 1,479 21,534
Precision Castparts Corp. 3,421 558,786
Raytheon Company 7,989 456,651
Rockwell Collins, Inc. (L) 3,464 185,809
SIFCO Industries, Inc. 44 801
Sparton Corp. (I) 52 658
Spirit Aerosystems Holdings, Inc., Class A (I) 3,438 76,358
Sypris Solutions, Inc. 379 2,706
Taser International, Inc. (I) 1,144 6,898
Teledyne Technologies, Inc. (I) 884 56,037
Textron, Inc. 6,590 172,460
The Boeing Company 17,572 1,223,363
The KEYW Holding Corp. (I) 494 6,175
TransDigm Group, Inc. 1,202 170,528
Triumph Group, Inc. 1,147 71,722
United Technologies Corp. 21,438 1,678,381
 
    8,251,136
Air Freight & Logistics - 0.7%    
Air Transport Services Group, Inc. (I) 1,747 7,687
Atlas Air Worldwide Holdings, Inc. (I) 649 33,508
C.H. Robinson Worldwide, Inc. 3,803 222,666
Echo Global Logistics, Inc. (I) 443 7,597
Expeditors International of Washington, Inc. 5,020 182,527
FedEx Corp. 7,471 632,196
Forward Air Corp. 684 20,800
Hub Group, Inc., Class A (I) 839 24,902
Pacer International, Inc. (I) 653 2,599
Park-Ohio Holdings Corp. (I) 343 7,433
United Parcel Service, Inc., Class B 22,553 1,614,118
UTi Worldwide, Inc. 2,522 33,971
XPO Logistics, Inc. (I)(L) 333 4,076
 
    2,794,080
Airlines - 0.2%    
Alaska Air Group, Inc. (I) 1,656 58,059
Allegiant Travel Company (I) 464 29,399
AMR Corp. (I) 7,914 2,889
Delta Air Lines, Inc. (I) 19,839 181,725
Hawaiian Holdings, Inc. (I) 939 5,249
JetBlue Airways Corp. (I)(L) 6,490 31,087
Republic Airways Holdings, Inc. (I)(L) 1,141 5,283
SkyWest, Inc. 1,088 11,239
Southwest Airlines Company 18,255 160,096
Spirit Airlines, Inc. (I) 1,580 26,986
United Continental Holdings, Inc. (I) 7,876 153,582

 

Total Stock Market Index Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Airlines (continued)    
US Airways Group, Inc. (I)(L) 3,842 $ 40,187
 
    705,781
Building Products - 0.2%    
AAON, Inc. 644 12,680
American Woodmark Corp. (I) 444 8,867
AO Smith Corp. 1,103 63,467
Apogee Enterprises, Inc. 550 10,791
Armstrong World Industries, Inc. (L) 1,369 63,481
Builders FirstSource, Inc. (I)(L) 2,162 11,221
Fortune Brands Home & Security, Inc. (I) 3,790 102,368
Gibraltar Industries, Inc. (I) 681 8,730
Griffon Corp. 1,296 13,349
Insteel Industries, Inc. (L) 563 6,604
Lennox International, Inc. 1,177 56,920
Masco Corp. 8,300 124,915
NCI Building Systems, Inc. (I) 411 4,122
Owens Corning, Inc. (I) 2,816 94,223
Patrick Industries, Inc. (I)(L) 297 4,595
PGT, Inc. (I) 1,317 4,320
Quanex Building Products Corp. 800 15,072
Simpson Manufacturing Company, Inc. 1,094 31,310
Trex Company, Inc. (I) 422 14,399
Universal Forest Products, Inc. 512 21,268
USG Corp. (I)(L) 2,385 52,351
 
    725,053
Commercial Services & Supplies - 0.6%    
A.T. Cross Company, Class A (I) 472 4,706
ABM Industries, Inc. 1,288 24,382
ACCO Brands Corp. (I) 2,455 15,933
Acorn Energy, Inc. (L) 585 5,218
American Reprographics Company (I) 873 3,728
Asset Acceptance Capital Corp. (I) 446 3,327
Asta Funding, Inc. 185 1,737
Avery Dennison Corp. 2,544 80,950
Casella Waste Systems, Inc., Class A (I) 339 1,451
CECO Environmental Corp. 560 5,471
Cenveo, Inc. (I)(L) 1,822 4,172
Cintas Corp. (L) 3,016 125,013
Clean Harbors, Inc. (I) 1,259 61,502
Consolidated Graphics, Inc. (I) 278 7,253
Copart, Inc. (I) 2,964 82,192
Corrections Corp. of America 2,313 77,370
Courier Corp. 452 5,523
Covanta Holding Corp. 3,256 55,873
Deluxe Corp. (L) 1,221 37,314
Encore Capital Group, Inc. (I) 614 17,352
EnergySolutions, Inc. (I) 2,503 6,833
EnerNOC, Inc. (I) 701 9,099
Ennis, Inc. 718 11,782
Fuel Tech, Inc. (I) 793 3,307
G&K Services, Inc., Class A 454 14,215
Healthcare Services Group, Inc. (L) 1,512 34,579
Heritage-Crystal Clean, Inc. (I) 385 7,642
Herman Miller, Inc. 1,386 26,944
HNI Corp. 1,005 25,638
Hudson Technologies, Inc. (I) 1,078 3,913
InnerWorkings, Inc. (I) 1,268 16,509
Interface, Inc. (L) 1,612 21,295
Intersections, Inc. 278 2,930
Iron Mountain, Inc. 4,008 136,713
KAR Auction Services, Inc. (I) 3,307 65,280
Kimball International, Inc., Class B 716 8,750
Knoll, Inc. 1,200 16,740

 

404

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Total Stock Market Index Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Commercial Services & Supplies (continued)    
McGrath RentCorp. 612 $ 15,967
Metalico, Inc. (I) 1,349 3,453
Mine Safety Appliances Company 820 30,561
Mobile Mini, Inc. (I)(L) 1,167 19,501
Multi-Color Corp. 400 9,264
NL Industries, Inc. 1,224 14,064
Pitney Bowes, Inc. 4,595 63,503
Portfolio Recovery Associates, Inc. (I) 401 41,876
Quad/Graphics, Inc. (L) 1,184 20,081
R.R. Donnelley & Sons Company (L) 4,094 43,396
Republic Services, Inc. 8,705 239,475
Rollins, Inc. 3,435 80,345
Schawk, Inc. 698 9,109
Standard Parking Corp. (I) 302 6,774
Steelcase, Inc., Class A (L) 2,825 27,826
Stericycle, Inc. (I)(L) 2,016 182,488
Swisher Hygiene, Inc. (I) 4,502 6,213
Sykes Enterprises, Inc. (I) 1,006 13,521
Team, Inc. (I) 513 16,339
Tetra Tech, Inc. (I) 1,545 40,572
The Brink’s Company 1,094 28,105
The Geo Group, Inc. 1,382 38,240
TMS International Corp., Class A (I) 1,082 10,712
TRC Companies, Inc. (I) 826 6,212
UniFirst Corp. 504 33,662
United Stationers, Inc. (L) 1,007 26,202
US Ecology, Inc. 378 8,157
Viad Corp. 563 11,744
Waste Connections, Inc. (L) 2,839 85,880
Waste Management, Inc. 10,861 348,421
 
    2,514,299
Construction & Engineering - 0.2%    
AECOM Technology Corp. (I) 2,650 56,074
Aegion Corp. (I) 1,004 19,237
Argan, Inc. 435 7,591
Comfort Systems USA, Inc. 782 8,547
Dycom Industries, Inc. (I) 863 12,410
EMCOR Group, Inc. 1,616 46,121
Fluor Corp. 4,005 225,401
Furmanite Corp. (I) 700 3,976
Granite Construction, Inc. (L) 834 23,952
Great Lakes Dredge & Dock Corp. 1,675 12,898
Jacobs Engineering Group, Inc. (I) 3,078 124,444
KBR, Inc. 3,542 105,622
Layne Christensen Company (I) 532 10,433
MasTec, Inc. (I) 1,910 37,627
Michael Baker Corp. (I) 258 6,156
MYR Group, Inc. (I) 561 11,192
Northwest Pipe Company (I) 260 6,409
Orion Marine Group, Inc. (I) 763 5,669
Pike Electric Corp. (I) 949 7,545
Primoris Services Corp. 1,267 16,534
Quanta Services, Inc. (I) 4,996 123,401
Sterling Construction Company, Inc. (I) 395 3,942
The Shaw Group, Inc. (I) 1,499 65,386
Tutor Perini Corp. (I) 1,191 13,625
URS Corp. 1,842 65,041
 
    1,019,233
Electrical Equipment - 0.5%    
A123 Systems, Inc. (I) 3,038 760
Active Power, Inc. (I) 4,320 3,456
Acuity Brands, Inc. 1,026 64,936
American Superconductor Corp. (I) 1,242 5,154

 

Total Stock Market Index Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Electrical Equipment (continued)    
AMETEK, Inc. 5,656 $ 200,505
AZZ, Inc. 538 20,433
Belden, Inc. 1,053 38,835
Brady Corp., Class A 1,298 38,005
Broadwind Energy, Inc. (I) 481 1,049
Capstone Turbine Corp. (I) 5,829 5,829
Coleman Cable, Inc. 354 3,413
Emerson Electric Company 17,273 833,768
Encore Wire Corp. 509 14,893
EnerSys, Inc. (I) 1,095 38,643
Franklin Electric Company, Inc. 584 35,326
FuelCell Energy, Inc. (I) 4,534 3,990
General Cable Corp. (I)(L) 1,116 32,788
GrafTech International, Ltd. (I) 3,438 30,908
Hubbell, Inc., Class B 1,387 111,986
II-VI, Inc. (I)(L) 1,532 29,139
Lighting Science Group Corp. (I) 3,647 3,104
Lime Energy Co. (I) 1,109 787
LSI Industries, Inc. 784 5,284
Polypore International, Inc. (I)(L) 1,089 38,496
Powell Industries, Inc. (I) 321 12,413
PowerSecure International, Inc. (I) 618 3,702
Preformed Line Products Company 151 8,201
Regal-Beloit Corp. 994 70,057
Rockwell Automation, Inc. 3,345 232,645
Roper Industries, Inc. 2,288 251,428
Satcon Technology Corp. (I) 389 428
The Babcock & Wilcox Company (I) 2,792 71,112
Thermon Group Holdings, Inc. (I) 760 18,992
Valence Technology, Inc. (I) 5,079 71
Vicor Corp. (I) 1,178 7,857
 
    2,238,393
Industrial Conglomerates - 2.0%    
3M Company 16,348 1,510,882
Carlisle Companies, Inc. 1,464 76,011
Danaher Corp. 16,276 897,621
General Electric Company 249,332 5,662,330
Raven Industries, Inc. 906 26,664
Seaboard Corp. (I) 29 65,544
Standex International Corp. 320 14,224
 
    8,253,276
Machinery - 1.9%    
Accuride Corp. (I) 1,324 6,170
Actuant Corp., Class A (L) 1,647 47,137
AGCO Corp. (I) 2,306 109,489
Alamo Group, Inc. 222 7,499
Albany International Corp., Class A 756 16,609
Altra Holdings, Inc. (L) 570 10,374
American Railcar Industries, Inc. (I) 519 14,708
Ampco-Pittsburgh Corp. 317 5,849
Astec Industries, Inc. (I) 567 17,923
Barnes Group, Inc. 1,329 33,238
Blount International, Inc. (I) 1,228 16,160
Briggs & Stratton Corp. 1,263 23,580
Cascade Corp. 279 15,272
Caterpillar, Inc. 15,238 1,311,078
Chart Industries, Inc. (I) 708 52,286
CIRCOR International, Inc. 362 13,666
CLARCOR, Inc. 1,194 53,288
Colfax Corp. (I) 2,176 79,794
Columbus McKinnon Corp. (I) 576 8,703
Commercial Vehicle Group, Inc. (I) 578 4,248
Crane Company 1,377 54,984

 

405

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Total Stock Market Index Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Machinery (continued)    
Cummins, Inc. 4,501 $ 415,037
Deere & Company 9,428 777,716
Donaldson Company, Inc. 3,471 120,478
Douglas Dynamics, Inc. (L) 609 9,007
Dover Corp. 4,293 255,391
Dynamic Materials Corp. 379 5,693
Eaton Corp. (L) 7,882 372,503
Energy Recovery, Inc. (I) 1,697 5,023
EnPro Industries, Inc. (I)(L) 496 17,861
ESCO Technologies, Inc. 576 22,378
Federal Signal Corp. (I) 1,496 9,455
Flow International Corp. (I) 1,534 5,676
Flowserve Corp. 1,267 161,847
FreightCar America, Inc. 224 3,985
Gardner Denver, Inc. 1,175 70,982
Graco, Inc. 1,455 73,157
Graham Corp. 171 3,090
Greenbrier Companies, Inc. (I)(L) 617 9,958
Hardinge, Inc. 109 1,117
Harsco Corp. 1,823 37,426
Hurco Companies, Inc. (I) 233 5,331
IDEX Corp. 1,962 81,953
Illinois Tool Works, Inc. (L) 11,416 678,910
ITT Corp. (L) 2,155 43,423
John Bean Technologies Corp. 744 12,150
Joy Global, Inc. 2,471 138,524
Kadant, Inc. (I) 204 4,731
Kaydon Corp. 801 17,894
Kennametal, Inc. 1,834 68,005
LB Foster Company, Class A 189 6,112
Lincoln Electric Holdings, Inc. 2,002 78,178
Lindsay Corp. 317 22,814
Lydall, Inc. (I) 278 3,917
Manitex International, Inc. (I) 420 3,037
Meritor, Inc. (I) 2,106 8,929
Met-Pro Corp. 462 4,135
Middleby Corp. (I) 454 52,501
Miller Industries, Inc. 337 5,409
Mueller Industries, Inc. 916 41,651
Mueller Water Products, Inc., Class A 3,341 16,371
Navistar International Corp. (I) 1,566 33,027
NN, Inc. (I) 532 4,517
Nordson Corp. 1,555 91,154
Omega Flex, Inc. (I) 343 3,639
Oshkosh Corp. (I) 2,210 60,620
PACCAR, Inc. 8,375 335,209
Pall Corp. 2,725 173,010
Parker Hannifin Corp. 3,563 297,796
Pentair, Ltd. (I)(L) 2,304 102,551
PMFG, Inc. (I) 350 2,832
Proto Labs, Inc. (I) 564 19,074
RBC Bearings, Inc. (I) 550 26,455
Rexnord Corp. (I) 2,080 37,898
Robbins & Myers, Inc. 1,083 64,547
Sauer-Danfoss, Inc. 1,156 46,483
Snap-on, Inc. 1,370 98,462
SPX Corp. 1,216 79,539
Stanley Black & Decker, Inc. 3,983 303,704
Sun Hydraulics Corp. 537 14,268
Tecumseh Products Company, Class A (I) 535 2,771
Tennant Company 483 20,682
Terex Corp. (I) 2,656 59,972
The Eastern Company 226 4,235
The Gorman-Rupp Company 538 14,526
The LS Starrett Company, Class A 74 952

 

Total Stock Market Index Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Machinery (continued)    
The Manitowoc Company, Inc. (L) 3,212 $ 42,848
The Toro Company (L) 1,450 57,681
Timken Company 2,314 85,988
Titan International, Inc. (L) 1,027 18,137
Trimas Corp. (I) 840 20,252
Trinity Industries, Inc. 1,936 58,022
Twin Disc, Inc. (L) 312 5,585
Valmont Industries, Inc. 632 83,108
Wabash National Corp. (I) 1,473 10,502
Wabtec Corp. 1,160 93,136
Watts Water Technologies, Inc., Class A 902 34,123
Woodward, Inc. 1,665 56,577
Xerium Technologies, Inc. (I) 324 1,134
Xylem, Inc. 4,311 108,422
 
    8,147,248
Marine - 0.0%    
Eagle Bulk Shipping, Inc. (I)(L) 529 1,910
Excel Maritime Carriers, Ltd. (I)(L) 2,455 1,706
Genco Shipping & Trading, Ltd. (I) 955 3,514
International Shipholding Corp. 238 4,015
Kirby Corp. (I) 1,321 73,025
Matson, Inc. (L) 1,025 21,433
Rand Logistics, Inc. (I) 557 4,194
 
    109,797
Professional Services - 0.3%    
Acacia Research Corp. (I) 1,195 32,755
Barrett Business Services, Inc. 234 6,341
CBIZ, Inc. (I)(L) 936 5,635
CDI Corp. 355 6,046
CRA International, Inc. (I) 287 4,959
Equifax, Inc. 2,798 130,331
Exponent, Inc. (I) 288 16,442
Franklin Covey Company (I) 229 2,748
FTI Consulting, Inc. (I) 915 24,412
Heidrick & Struggles International, Inc. 459 5,848
Hill International, Inc. (I) 706 3,078
Hudson Global, Inc. (I) 1,074 4,790
Huron Consulting Group, Inc. (I) 570 19,847
ICF International, Inc. (I) 401 8,060
IHS, Inc., Class A (I) 1,537 149,627
Insperity, Inc. 655 16,526
Kelly Services, Inc., Class A 880 11,088
Kforce, Inc. (I) 814 9,597
Korn/Ferry International (I) 1,149 17,614
Manpower, Inc. 1,845 67,896
Mistras Group, Inc. (I) 687 15,938
Navigant Consulting Company (I) 1,351 14,929
Odyssey Marine Exploration, Inc. (I)(L) 1,180 3,729
On Assignment, Inc. (I) 765 15,239
Pendrell Corp. (I) 6,139 6,937
Resources Connection, Inc. 976 12,795
Robert Half International, Inc. 3,317 88,332
RPX Corp. (I) 1,202 13,474
The Advisory Board Company (I) 788 37,690
The Corporate Executive Board Company 764 40,973
The Dolan Company (I) 898 4,831
The Dun & Bradstreet Corp. 1,128 89,811
Towers Watson & Company, Class A 1,533 81,326
TrueBlue, Inc. (I) 869 13,661
Verisk Analytics, Inc., Class A (I) 3,902 185,774
VSE Corp. 167 4,090
 
    1,173,169

 

406

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Total Stock Market Index Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Road & Rail - 0.8%    
Amerco, Inc. 457 $ 48,607
Arkansas Best Corp. 705 5,584
Avis Budget Group, Inc. (I) 2,532 38,942
Celadon Group, Inc. 490 7,874
Con-way, Inc. 1,284 35,143
CSX Corp. 24,737 513,293
Dollar Thrifty Automotive Group, Inc. (I) 644 55,983
Genesee & Wyoming, Inc., Class A (I) 1,035 69,200
Heartland Express, Inc. (L) 1,982 26,480
Hertz Global Holdings, Inc. (I) 9,778 134,252
J.B. Hunt Transport Services, Inc. (L) 2,753 143,266
Kansas City Southern 2,584 195,816
Knight Transportation, Inc. (L) 1,874 26,798
Landstar System, Inc. 1,106 52,292
Marten Transport, Ltd. 427 7,502
Norfolk Southern Corp. 7,759 493,705
Old Dominion Freight Line, Inc. (I) 1,972 59,476
P.A.M. Transportation Services, Inc. 427 4,255
Patriot Transportation Holding, Inc. (I) 140 3,903
Providence and Worcester Railroad Company 251 3,436
Quality Distribution, Inc. (I) 485 4,486
RailAmerica, Inc. (I) 1,286 35,326
Roadrunner Transportation Systems, Inc. (I) 815 13,187
Ryder Systems, Inc. 1,195 46,677
Saia, Inc. (I) 429 8,640
Swift Transportation Company (I) 3,346 28,843
Union Pacific Corp. 11,305 1,341,904
Universal Truckload Services, Inc. 277 4,424
USA Truck, Inc. (I) 383 1,394
Werner Enterprises, Inc. (L) 1,770 37,825
YRC Worldwide, Inc. (I) 304 2,058
Zipcar, Inc. (I) 795 6,185
 
    3,456,756
Trading Companies & Distributors - 0.3%    
Aceto Corp. 842 7,957
Air Lease Corp. (I)(L) 2,450 49,980
Aircastle, Ltd. 1,601 18,139
Applied Industrial Technologies, Inc. 1,042 43,170
Beacon Roofing Supply, Inc. (I)(L) 1,131 32,234
CAI International, Inc. (I) 386 7,921
DXP Enterprises, Inc. (I) 367 17,532
Edgen Group, Inc. (I) 1,131 8,765
Fastenal Company (L) 6,929 297,878
GATX Corp. 1,145 48,594
H&E Equipment Services, Inc. 922 11,175
Houston Wire & Cable Company 298 3,206
Kaman Corp. 670 24,026
MRC Global, Inc. (I) 2,326 57,196
MSC Industrial Direct Company, Inc., Class A 1,499 101,123
Rush Enterprises, Inc., Class A (I) 968 18,644
SeaCube Container Leasing, Ltd. (L) 553 10,369
TAL International Group, Inc. (L) 812 27,592
Textainer Group Holdings, Ltd. 1,173 35,835
Titan Machinery, Inc. (I) 544 11,032
United Rentals, Inc. (I)(L) 2,194 71,766
W.W. Grainger, Inc. (L) 1,649 343,602
Watsco, Inc. (L) 757 57,373
WESCO International, Inc. (I) 1,020 58,344
Willis Lease Finance Corp. (I) 191 2,357
 
    1,365,810
Transportation Infrastructure - 0.0%    
Macquarie Infrastructure Company LLC 1,113 46,167

 

Total Stock Market Index Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Transportation Infrastructure (continued)    
Wesco Aircraft Holdings, Inc. (I)(L) 2,091 $ 28,563
 
    74,730
    40,828,761
Information Technology - 18.6%    
Communications Equipment - 1.6%    
Acme Packet, Inc. (I) 1,538 26,300
ADTRAN, Inc. (L) 1,539 26,594
Anaren, Inc. (I) 432 8,636
Arris Group, Inc. (I) 2,666 34,098
Aruba Networks, Inc. (I)(L) 2,538 57,067
Aviat Networks, Inc. (I) 1,974 4,698
Aware, Inc. 784 4,939
Bel Fuse, Inc., Class B 164 3,064
Black Box Corp. 458 11,684
Brocade Communications Systems, Inc. (I) 10,964 64,852
CalAmp Corp. (I) 472 3,875
Calix, Inc. (I)(L) 900 5,760
Ciena Corp. (I) 2,331 31,702
Cisco Systems, Inc. 126,854 2,421,643
Communications Systems, Inc. 444 5,008
Comtech Telecommunications Corp. (L) 390 10,780
Dialogic, Inc. (I) 241 584
Digi International, Inc. (I) 713 7,244
EchoStar Corp., Class A (I) 2,062 59,097
Emcore Corp. (I) 763 4,303
Emulex Corp. (I) 2,134 15,386
Extreme Networks, Inc. (I) 2,730 9,118
F5 Networks, Inc. (I) 1,874 196,208
Finisar Corp. (I)(L) 2,207 31,560
Globecomm Systems, Inc. (I)(L) 415 4,627
Harmonic, Inc. (I) 2,721 12,353
Harris Corp. 2,640 135,221
Infinera Corp. (I)(L) 2,668 14,621
InterDigital, Inc. (L) 1,082 40,337
Ixia (I)(L) 1,543 24,796
JDS Uniphase Corp. (I) 5,390 66,755
Juniper Networks, Inc. (I) 12,374 211,719
KVH Industries, Inc. (I) 522 7,042
Loral Space & Communications, Inc. 486 34,555
Meru Networks, Inc. (I) 433 1,481
Motorola Solutions, Inc. 6,889 348,239
MRV Communications, Inc. 2,912 1,572
NETGEAR, Inc. (I)(L) 889 33,906
Numerex Corp., Class A (I) 170 1,926
Oclaro, Inc. (I)(L) 2,442 6,594
Oplink Communications, Inc. (I) 373 6,169
Parkervision, Inc. (I) 2,306 5,396
PC-Tel, Inc. 808 5,696
Plantronics, Inc. 1,048 37,026
Polycom, Inc. (I) 4,160 41,059
Powerwave Technologies, Inc. (I)(L) 912 556
Procera Networks, Inc. (I) 389 9,142
QUALCOMM, Inc. 39,890 2,492,726
Riverbed Technology, Inc. (I) 3,704 86,192
ShoreTel, Inc. (I) 1,320 5,399
Sonus Networks, Inc. (I) 7,104 13,356
Sycamore Networks, Inc. 773 11,904
Symmetricom, Inc. (I) 1,285 8,956
Tellabs, Inc. 8,690 30,763
Telular Corp. 565 5,594
Tessco Technologies, Inc. 123 2,604
Ubiquiti Networks, Inc. (I)(L) 2,142 25,490
UTStarcom Holdings Corp. (I) 5,030 5,181

 

407

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Total Stock Market Index Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Communications Equipment (continued)    
ViaSat, Inc. (I)(L) 1,021 $ 38,165
Westell Technologies, Inc., Class A (I) 2,090 4,473
 
    6,825,791
Computers & Peripherals - 4.4%    
3D Systems Corp. (I)(L) 1,165 38,270
Apple, Inc. 21,967 14,657,700
Avid Technology, Inc. (I)(L) 1,037 9,810
Cray, Inc. (I) 1,015 12,891
Datalink Corp. (I) 554 4,587
Dell, Inc. 42,384 417,906
Diebold, Inc. 1,557 52,486
Dot Hill Systems Corp. (I) 2,398 2,566
Electronics for Imaging, Inc. (I) 1,141 18,952
EMC Corp. (I) 48,366 1,318,941
Fusion-io, Inc. (I) 2,174 65,807
Hewlett-Packard Company 46,556 794,245
Hutchinson Technology, Inc. (I)(L) 1,471 2,560
Imation Corp. (I) 1,154 6,451
Immersion Corp. (I) 383 2,095
Intermec, Inc. (I) 1,634 10,147
Intevac, Inc. (I) 321 1,961
Lexmark International, Inc., Class A (L) 1,611 35,845
NCR Corp. (I) 3,727 86,876
NetApp, Inc. (I) 8,558 281,387
Novatel Wireless, Inc. (I) 1,074 2,127
QLogic Corp. (I) 2,269 25,912
Quantum Corp. (I) 5,832 9,390
Rimage Corp. 348 2,349
SanDisk Corp. (I) 5,683 246,813
Silicon Graphics International Corp. (I)(L) 836 7,608
STEC, Inc. (I)(L) 971 6,554
Stratasys, Inc. (I)(L) 462 25,133
Super Micro Computer, Inc. (I) 1,005 12,090
Synaptics, Inc. (I) 749 17,991
Western Digital Corp. 6,126 237,260
 
    18,414,710
Electronic Equipment, Instruments & Components - 0.6%  
Aeroflex Holding Corp. (I) 2,123 14,075
Agilysys, Inc. (I) 733 6,304
Amphenol Corp., Class A 3,848 226,570
Anixter International, Inc. (L) 773 44,417
Arrow Electronics, Inc. (I) 2,639 88,961
Avnet, Inc. (I) 3,479 101,204
AVX Corp. 4,025 38,600
Badger Meter, Inc. (L) 407 14,811
Benchmark Electronics, Inc. (I) 1,407 21,485
Brightpoint, Inc. (I) 1,391 12,491
Checkpoint Systems, Inc. (I) 1,010 8,363
Cognex Corp. 1,002 34,649
Coherent, Inc. (I) 547 25,085
Corning, Inc. 35,893 471,993
CTS Corp. 674 6,787
Daktronics, Inc. 888 8,445
Document Security Systems, Inc. (I) 9 37
Dolby Laboratories, Inc., Class A (I)(L) 2,546 83,382
DTS, Inc. (I)(L) 507 11,814
Echelon Corp. (I) 1,218 4,677
Electro Rent Corp. 657 11,622
Electro Scientific Industries, Inc. 747 9,128
eMagin Corp. (I)(L) 820 3,378
FARO Technologies, Inc. (I) 355 14,669
FEI Company 864 46,224
FLIR Systems, Inc. (L) 3,653 72,969

 

Total Stock Market Index Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Electronic Equipment, Instruments &    
Components (continued)    
Identive Group, Inc. (I) 1,823 $ 1,568
Ingram Micro, Inc., Class A (I) 3,575 54,447
Insight Enterprises, Inc. (I) 950 16,606
InvenSense, Inc. (I) 1,889 22,574
IPG Photonics Corp. (I)(L) 1,210 69,333
Itron, Inc. (I)(L) 903 38,964
Jabil Circuit, Inc. 4,911 91,934
KEMET Corp. (I) 880 3,872
Key Tronic Corp. (I) 452 4,484
Littelfuse, Inc. 570 32,228
Maxwell Technologies, Inc. (I)(L) 724 5,879
Measurement Specialties, Inc. (I) 401 13,225
Mercury Computer Systems, Inc. (I) 689 7,317
Mesa Laboratories, Inc. 56 2,709
Methode Electronics, Inc. 704 6,836
MOCON, Inc. 300 4,446
Molex, Inc. 4,191 110,139
MTS Systems Corp. 334 17,886
Multi-Fineline Electronix, Inc. (I) 505 11,388
National Instruments Corp. 2,850 71,735
Netlist, Inc. (I) 1,027 1,325
Newport Corp. (I) 799 8,837
OSI Systems, Inc. (I) 477 37,130
Park Electrochemical Corp. 433 10,751
PC Connection, Inc. 538 6,192
Plexus Corp. (I) 830 25,141
Power-One, Inc. (I) 3,206 17,954
Pulse Electronics Corp. 1,379 1,131
Radisys Corp. (I) 794 2,858
RealD, Inc. (I)(L) 1,198 10,710
Richardson Electronics, Ltd. 315 3,739
Rofin-Sinar Technologies, Inc. (I)(L) 720 14,206
Rogers Corp. (I)(L) 398 16,859
Sanmina-SCI Corp. (I) 2,020 17,150
ScanSource, Inc. (I) 664 21,261
SYNNEX Corp. (I) 897 29,224
Tech Data Corp. (I) 992 44,938
Trimble Navigation, Ltd. (I) 2,906 138,500
TTM Technologies, Inc. (I) 1,990 18,766
Universal Display Corp. (I)(L) 1,115 38,334
Viasystems Group, Inc. (I) 571 9,878
Vishay Intertechnology, Inc. (I) 3,642 35,801
Vishay Precision Group, Inc. (I) 343 4,795
Zygo Corp. (I) 412 7,535
 
    2,492,725
Internet Software & Services - 2.6%    
Akamai Technologies, Inc. (I) 4,231 161,878
Ancestry.com, Inc. (I)(L) 942 28,335
Angie’s List, Inc. (I) 1,342 14,198
AOL, Inc. (I)(L) 2,179 76,766
Bankrate, Inc. (I) 2,362 36,800
Bazaarvoice, Inc. (I)(L) 1,363 20,649
Blucora, Inc. (I) 929 16,545
Brightcove, Inc. (I) 656 7,662
BroadVision, Inc. (I)(L) 124 1,162
Carbonite, Inc. (I) 665 4,662
comScore, Inc. (I)(L) 810 12,353
Constant Contact, Inc. (I) 664 11,554
Cornerstone OnDemand, Inc. (I)(L) 1,194 36,608
CoStar Group, Inc. (I) 608 49,576
DealerTrack Holdings, Inc. (I) 935 26,040
Demand Media, Inc. (I) 1,798 19,544
Demandware, Inc. (I)(L) 665 21,114

 

408

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Total Stock Market Index Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Internet Software & Services (continued)    
Dice Holdings, Inc. (I) 1,653 $ 13,918
Digital River, Inc. (I) 714 11,895
EarthLink, Inc. 2,349 16,725
eBay, Inc. (I) 30,327 1,468,130
Envestnet, Inc. (I) 867 10,144
Equinix, Inc. (I) 1,096 225,831
Facebook, Inc., Class A (I)(L) 50,255 1,088,021
Google, Inc., Class A (I) 7,660 5,779,470
IAC/InterActiveCorp 1,952 101,621
Internap Network Services Corp. (I) 1,016 7,163
IntraLinks Holdings, Inc. (I) 1,107 7,240
Ipass, Inc. (I) 2,344 5,157
j2 Global, Inc. (L) 1,102 36,168
Keynote Systems, Inc. 481 6,965
Limelight Networks, Inc. (I)(L) 2,442 5,714
LinkedIn Corp., Class A (I) 2,413 290,525
Liquidity Services, Inc. (I)(L) 719 36,101
LivePerson, Inc. (I) 1,346 24,376
LogMeIn, Inc. (I) 526 11,798
Marchex, Inc., Class B 1,045 3,992
Market Leader, Inc. (I) 1,006 6,740
MeetMe, Inc. (I)(L) 1,007 2,870
Millennial Media, Inc. (I)(L) 1,784 25,600
Monster Worldwide, Inc. (I)(L) 2,708 19,850
Move, Inc. (I) 1,071 9,232
NIC, Inc. 1,581 23,399
OpenTable, Inc. (I) 569 23,670
Perficient, Inc. (I) 602 7,266
QuinStreet, Inc. (I)(L) 930 7,803
Rackspace Hosting, Inc. (I) 3,066 202,632
RealNetworks, Inc. 977 8,129
Reis, Inc. (I) 438 5,011
Responsys, Inc. (I) 1,184 12,112
Saba Software, Inc. (I) 643 6,424
SciQuest, Inc. (I) 467 8,499
Spark Networks, Inc. (I) 788 4,823
SPS Commerce, Inc. (I) 348 13,388
Stamps.com, Inc. (I) 366 8,469
support.com, Inc. (I) 1,791 7,576
TechTarget, Inc. (I) 764 4,515
The Active Network, Inc. (I) 1,361 17,053
Travelzoo, Inc. (I)(L) 401 9,452
United Online, Inc. 2,301 12,702
Unwired Planet, Inc. (I) 2,609 5,009
ValueClick, Inc. (I) 1,901 32,678
VeriSign, Inc. (I) 3,743 182,247
Vocus, Inc. (I) 554 11,113
Web.com Group, Inc. (I) 1,132 20,319
WebMD Health Corp. (I) 1,334 18,716
XO Group, Inc. (I) 492 4,108
Yahoo!, Inc. (I) 28,577 456,518
Yelp, Inc. (I) 1,442 39,006
Zix Corp. (I) 2,134 6,125
 
    10,919,454
IT Services - 3.4%    
Acxiom Corp. (I) 1,763 32,210
Alliance Data Systems Corp. (I) 1,168 165,798
Automatic Data Processing, Inc. 11,554 677,758
Booz Allen Hamilton Holding Corp. 3,410 47,229
Broadridge Financial Solutions, Inc. 2,909 67,867
CACI International, Inc., Class A (I)(L) 630 32,628
Cardtronics, Inc. (I) 1,085 32,311
Cass Information Systems, Inc. (L) 297 12,465
CIBER, Inc. (I) 2,045 7,096

 

Total Stock Market Index Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
IT Services (continued)    
Cognizant Technology    
Solutions Corp., Class A (I) 7,165 $ 500,977
Computer Sciences Corp. 3,654 117,695
Computer Task Group, Inc. (I) 358 5,792
Convergys Corp. 2,657 41,635
CoreLogic, Inc. (I) 2,489 66,033
CSG Systems International, Inc. (I) 891 20,039
DST Systems, Inc. 1,033 58,426
EPAM Systems, Inc. (I)(L) 1,017 19,262
Euronet Worldwide, Inc. (I) 1,107 20,801
ExlService Holdings, Inc. (I) 766 22,597
Fidelity National Information Services, Inc. 6,798 212,234
Fiserv, Inc. (I) 3,296 244,003
FleetCor Technologies, Inc. (I) 1,923 86,150
Forrester Research, Inc. 566 16,284
Gartner, Inc. (I) 2,204 101,582
Genpact, Ltd. 5,235 87,320
Global Cash Access Holdings, Inc. (I) 1,490 11,995
Global Payments, Inc. 1,823 76,256
Heartland Payment Systems, Inc. 960 30,413
Higher One Holdings, Inc. (I)(L) 1,420 19,142
iGATE Corp. (I)(L) 1,225 22,258
Innodata, Inc. (I) 808 3,272
International Business Machines Corp. 27,299 5,663,105
Jack Henry & Associates, Inc. 2,031 76,975
Lender Processing Services, Inc. 1,902 53,047
Lionbridge Technologies, Inc. (I) 930 3,274
Mantech International Corp., Class A (L) 903 21,672
Mastercard, Inc., Class A 2,978 1,344,507
Mattersight Corp. (I) 213 1,261
MAXIMUS, Inc. 830 49,568
ModusLink Global Solutions, Inc. (I) 860 3,173
MoneyGram International, Inc. (I) 1,413 21,110
NCI, Inc., Class A (I) 381 2,621
NeuStar, Inc., Class A (I) 1,649 66,009
Online Resources Corp. (I) 1,282 3,756
Paychex, Inc. (L) 8,494 282,765
PRGX Global, Inc. (I) 350 2,996
SAIC, Inc. 7,953 95,754
Sapient Corp. (I) 3,338 35,583
ServiceSource International, Inc. (I) 1,729 17,740
Syntel, Inc. 1,000 62,410
TeleTech Holdings, Inc. (I) 1,387 23,648
Teradata Corp. (I) 3,970 299,378
The Hackett Group, Inc. (I) 773 3,231
The Western Union Company 14,557 265,229
TNS, Inc. (I) 505 7,550
Total Systems Services, Inc. 4,411 104,541
Unisys Corp. (I) 1,059 22,048
Vantiv, Inc., Class A (I) 5,013 108,030
VeriFone Systems, Inc. (I) 2,454 68,344
Virtusa Corp. (I) 729 12,954
Visa, Inc., Class A 19,155 2,572,133
Wright Express Corp. (I) 916 63,864
 
    14,217,804
Office Electronics - 0.1%    
Xerox Corp. 31,439 230,762
Zebra Technologies Corp., Class A (I) 1,187 44,560
 
    275,322
Semiconductors & Semiconductor Equipment - 1.9%  
Advanced Energy Industries, Inc. (I) 919 11,322
Advanced Micro Devices, Inc. (I)(L) 16,345 55,083
Alpha & Omega Semiconductor, Ltd. (I) 721 6,208

 

409

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Total Stock Market Index Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Semiconductors & Semiconductor Equipment (continued)  
Altera Corp. 7,563 $ 257,029
Amkor Technology, Inc. (I)(L) 4,143 18,229
Amtech Systems, Inc. (I)(L) 344 1,128
ANADIGICS, Inc. (I) 2,127 2,957
Analog Devices, Inc. 7,028 275,427
Applied Materials, Inc. 30,234 337,563
Applied Micro Circuits Corp. (I)(L) 1,374 6,952
Atmel Corp. (I) 10,844 57,039
ATMI, Inc. (I) 691 12,832
AuthenTec, Inc. (I) 664 5,319
Axcelis Technologies, Inc. (I) 3,548 3,725
AXT, Inc. (I) 645 2,180
Broadcom Corp., Class A (I) 12,825 443,489
Brooks Automation, Inc. (L) 1,693 13,595
Cabot Microelectronics Corp. (L) 510 17,921
Cavium, Inc. (I) 1,157 38,563
Ceva, Inc. (I) 574 8,254
Cirrus Logic, Inc. (I)(L) 1,542 59,197
Cohu, Inc. 479 4,498
Cree, Inc. (I)(L) 2,744 70,054
CSR PLC, ADR (L) 207 4,196
CVD Equipment Corp. (I) 259 2,512
Cymer, Inc. (I) 733 37,427
Cypress Semiconductor Corp. (I) 3,666 39,300
Diodes, Inc. (I)(L) 1,139 19,374
DSP Group, Inc. (I) 815 4,841
Entegris, Inc. (I) 3,313 26,935
Entropic Communications, Inc. (I) 2,234 13,002
Exar Corp. (I) 914 7,312
Fairchild Semiconductor International, Inc. (I) 3,070 40,278
First Solar, Inc. (I)(L) 2,032 44,999
FormFactor, Inc. (I) 1,372 7,669
Freescale Semiconductor, Ltd. (I) 5,902 56,128
FSI International, Inc. (I) 1,191 7,384
GSI Technology, Inc. (I) 267 1,322
GT Advanced Technologies Inc. (I)(L) 3,033 16,530
Hittite Microwave Corp. (I) 762 42,268
Inphi Corp. (I) 755 8,048
Integrated Device Technology, Inc. (I)(L) 3,164 18,604
Integrated Silicon Solution, Inc. (I) 465 4,306
Intel Corp. 117,637 2,668,007
Intermolecular, Inc. (I) 1,145 8,130
International Rectifier Corp. (I)(L) 1,650 27,539
Intersil Corp., Class A 3,066 26,828
IXYS Corp. (I) 839 8,323
KLA-Tencor Corp. 3,953 188,578
Kopin Corp. (I) 1,135 4,268
Kulicke & Soffa Industries, Inc. (I) 1,781 18,522
Lam Research Corp. (I) 4,684 148,881
Lattice Semiconductor Corp. (I) 2,974 11,390
Linear Technology Corp. 5,361 170,748
LSI Corp. (I) 13,258 91,613
LTX-Credence Corp. (I) 1,415 8,136
M/A-COM Technology    
Solutions Holdings, Inc. (I)(L) 1,159 14,719
Marvell Technology Group, Ltd. 13,751 125,822
Mattson Technology, Inc. (I) 1,856 1,800
Maxim Integrated Products, Inc. 6,850 182,347
MaxLinear, Inc., Class A (I) 1,014 6,784
MEMC Electronic Materials, Inc. (I) 5,631 15,485
Micrel, Inc. (L) 1,304 13,588
Microchip Technology, Inc. (L) 4,520 147,985
Micron Technology, Inc. (I) 23,428 140,217
Microsemi Corp. (I) 2,079 41,726
Mindspeed Technologies, Inc. (I)(L) 1,068 3,695

 

Total Stock Market Index Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Semiconductors & Semiconductor Equipment (continued)  
MIPS Technologies, Inc. (I) 1,405 $ 10,383
MKS Instruments, Inc. 1,286 32,780
Monolithic Power Systems, Inc. (I) 710 14,023
MoSys, Inc. (I) 1,267 5,119
Nanometrics, Inc. (I)(L) 623 8,604
NeoPhotonics Corp. (I) 857 5,005
NVE Corp. (I)(L) 141 8,346
NVIDIA Corp. (I) 14,408 192,203
OmniVision Technologies, Inc. (I) 1,130 15,769
ON Semiconductor Corp. (I) 10,601 65,408
PDF Solutions, Inc. (I) 507 6,926
Pericom Semiconductor Corp. (I) 802 6,965
Photronics, Inc. (I) 1,479 7,942
PLX Technology, Inc. (I) 1,352 7,801
PMC-Sierra, Inc. (I) 5,216 29,418
Power Integrations, Inc. 714 21,727
QuickLogic Corp. (I)(L) 1,411 3,951
Rambus, Inc. (I) 2,670 14,792
Ramtron International Corp. (I) 1,557 4,796
RF Micro Devices, Inc. (I) 6,722 26,552
Rubicon Technology, Inc. (I)(L) 631 6,045
Rudolph Technologies, Inc. (I) 641 6,731
Semtech Corp. (I) 1,537 38,656
Sigma Designs, Inc. (I) 779 5,149
Silicon Image, Inc. (I) 2,196 10,080
Silicon Laboratories, Inc. (I) 1,002 36,834
Skyworks Solutions, Inc. (I) 4,403 103,757
Spansion, Inc., Class A (I) 1,550 18,476
STR Holdings, Inc. (I)(L) 1,220 3,782
SunPower Corp. (I)(L) 2,577 11,622
Supertex, Inc. (I) 355 6,347
Teradyne, Inc. (I)(L) 4,487 63,805
Tessera Technologies, Inc. 1,159 15,855
Texas Instruments, Inc. 26,941 742,225
Transwitch Corp. (I) 1,304 1,421
TriQuint Semiconductor, Inc. (I) 4,009 20,245
Ultra Clean Holdings (I) 699 3,991
Ultratech, Inc. (I) 647 20,303
Veeco Instruments, Inc. (I) 883 26,508
Volterra Semiconductor Corp. (I) 538 11,766
Xilinx, Inc. 6,135 204,970
 
    8,033,208
Software - 4.0%    
Accelrys, Inc. (I) 1,250 10,825
ACI Worldwide, Inc. (I) 888 37,527
Activision Blizzard, Inc. 26,506 298,988
Actuate Corp. (I) 1,416 9,954
Adobe Systems, Inc. (I) 11,729 380,723
Advent Software, Inc. (I) 1,170 28,747
American Software, Inc., Class A 450 3,672
ANSYS, Inc. (I) 2,189 160,673
Ariba, Inc. (I) 2,324 104,115
Aspen Technology, Inc. (I) 2,275 58,809
Autodesk, Inc. (I) 5,355 178,696
Blackbaud, Inc. 1,039 24,853
BMC Software, Inc. (I) 3,859 160,110
Bottomline Technologies, Inc. (I) 911 22,493
BroadSoft, Inc. (I) 685 28,099
CA, Inc. 11,455 295,138
Cadence Design Systems, Inc. (I) 6,524 83,931
Callidus Software, Inc. (I)(L) 647 3,190
Citrix Systems, Inc. (I) 4,372 334,764
CommVault Systems, Inc. (I) 1,084 63,631
Compuware Corp. (I) 5,233 51,859

 

410

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Total Stock Market Index Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Software (continued)    
Comverse Technology, Inc. (I) 43 $ 264
Concur Technologies, Inc. (I)(L) 1,264 93,195
Deltek, Inc. (I) 1,823 23,735
Digimarc Corp. 216 4,806
Ebix, Inc. 840 19,832
Electronic Arts, Inc. (I) 7,892 100,149
Ellie Mae, Inc. (I) 553 15,058
Envivio, Inc. (I) 819 1,802
EPIQ Systems, Inc. 981 13,165
ePlus, Inc. (I) 159 6,236
FactSet Research Systems, Inc. (L) 1,080 104,134
Fair Isaac Corp. 859 38,019
FalconStor Software, Inc. (I) 1,749 4,110
Fortinet, Inc. (I) 3,635 87,749
Glu Mobile Inc. (I)(L) 1,164 5,389
Guidance Software, Inc. (I) 527 5,934
Guidewire Software, Inc. (I) 1,164 36,142
Imperva, Inc. (I) 541 20,012
Infoblox, Inc. (I)(L) 1,067 24,808
Informatica Corp. (I) 2,520 87,721
Interactive Intelligence Group (I) 490 14,725
Intuit, Inc. 6,950 409,216
JDA Software Group, Inc. (I) 1,064 33,814
Jive Software, Inc. (I) 1,431 22,481
Kenexa Corp. (I) 692 31,714
Majesco Entertainment Company (I) 1,485 1,871
Manhattan Associates, Inc. (I) 459 26,287
Mentor Graphics Corp. (I) 2,655 41,099
MICROS Systems, Inc. (I) 1,921 94,360
Microsoft Corp. 197,746 5,888,876
MicroStrategy, Inc., Class A (I) 263 35,260
Mitek Systems, Inc. (I) 507 1,638
Monotype Imaging Holdings, Inc. 778 12,129
Netscout Systems, Inc. (I) 949 24,209
NetSuite, Inc. (I) 1,670 106,546
Nuance Communications, Inc. (I) 7,306 181,846
Opnet Technologies, Inc. (L) 561 19,113
Oracle Corp. 118,873 3,743,311
Parametric Technology Corp. (I) 2,840 61,912
Pegasystems, Inc. 900 26,136
Pervasive Software, Inc. (I) 429 3,689
Progress Software Corp. (I) 1,513 32,363
Proofpoint, Inc. (I) 762 11,316
PROS Holdings, Inc. (I) 740 14,112
QLIK Technologies, Inc. (I) 1,979 44,349
Quest Software, Inc. (I) 1,981 55,468
RealPage, Inc. (I) 1,749 39,527
Red Hat, Inc. (I) 4,543 258,678
Rosetta Stone, Inc. (I)(L) 599 7,637
Rovi Corp. (I) 2,561 37,160
Salesforce.com, Inc. (I) 3,203 489,066
Seachange International, Inc. (I)(L) 971 7,622
Smith Micro Software, Inc. (I) 1,763 2,838
SolarWinds, Inc. (I) 1,698 94,647
Solera Holdings, Inc. 1,668 73,175
Sourcefire, Inc. (I)(L) 704 34,517
Splunk, Inc. (I) 2,196 80,637
SS&C Technologies Holdings, Inc. (I) 1,730 43,613
Symantec Corp. (I) 17,188 309,384
Synchronoss Technologies, Inc. (I)(L) 882 20,198
Synopsys, Inc. (I) 3,437 113,490
Take-Two Interactive Software, Inc. (I) 1,940 20,234
Tangoe, Inc. (I) 807 10,596
TeleCommunication Systems, Inc., Class A (I) 1,207 2,607
TeleNav, Inc. (I) 863 5,152

 

Total Stock Market Index Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Software (continued)    
THQ, Inc. (I) 234 $ 866
TIBCO Software, Inc. (I) 3,914 118,320
TiVo, Inc. (I) 2,924 30,497
Tyler Technologies, Inc. (I)(L) 705 31,034
Ultimate Software Group, Inc. (I) 638 65,140
VASCO Data Security International, Inc. (I) 1,062 9,962
Verint Systems, Inc. (I) 960 26,342
VirnetX Holding Corp. (I)(L) 1,232 31,330
VMware, Inc., Class A (I) 10,011 968,464
Wave Systems Corp. Class A (I)(L) 1,941 1,826
Websense, Inc. (I) 808 12,645
Zynga, Inc., Class A (I) 17,723 50,333
 
    16,968,434
    78,147,448
Materials - 3.7%    
Chemicals - 2.2%    
A. Schulman, Inc. 713 16,984
ADA-ES, Inc. (I) 283 6,682
Air Products & Chemicals, Inc. 4,967 410,771
Airgas, Inc. 1,821 149,868
Albemarle Corp. 2,089 110,049
American Vanguard Corp. 610 21,228
Arabian American    
Development Company (I)(L) 686 6,716
Ashland, Inc. 1,866 133,606
Balchem Corp. (L) 725 26,629
Cabot Corp. 1,475 53,941
Calgon Carbon Corp. (I)(L) 1,429 20,449
Celanese Corp., Series A 3,663 138,864
CF Industries Holdings, Inc. 1,538 341,805
Chase Corp. (L) 349 6,411
Chemtura Corp. (I) 2,190 37,712
Cytec Industries, Inc. 1,067 69,910
E.I. du Pont de Nemours & Company (L) 21,946 1,103,225
Eastman Chemical Company 3,597 205,065
Ecolab, Inc. 6,838 443,171
Ferro Corp. (I) 2,227 7,639
Flotek Industries, Inc. (I) 1,053 13,342
FMC Corp. 3,268 180,982
Georgia Gulf Corp. 847 30,678
GSE Holding, Inc. (I) 557 4,372
H.B. Fuller Company 1,198 36,755
Hawkins, Inc. (L) 211 8,767
Huntsman Corp. 5,713 85,295
Innophos Holdings, Inc. 533 25,845
International Flavors & Fragrances, Inc. 1,871 111,474
Intrepid Potash, Inc. (I) 1,827 39,244
KMG Chemicals, Inc. 224 4,144
Koppers Holdings, Inc. 455 15,893
Kraton Performance Polymers, Inc. (I) 778 20,306
Kronos Worldwide, Inc. 2,710 40,487
Landec Corp. (I) 357 4,088
LSB Industries, Inc. (I) 541 23,734
Material Sciences Corp. (I) 469 4,287
Minerals Technologies, Inc. 410 29,081
Monsanto Company 12,633 1,149,856
NewMarket Corp. (L) 309 76,162
Olin Corp. (L) 1,916 41,635
OM Group, Inc. (I) 761 14,109
OMNOVA Solutions, Inc. (I) 1,304 9,871
Penford Corp. (I) 473 3,538
Petrologistics LP 3,262 42,308
PolyOne Corp. 2,024 33,538

 

411

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Total Stock Market Index Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Chemicals (continued)    
PPG Industries, Inc. 3,565 $ 409,405
Praxair, Inc. 7,021 729,341
Quaker Chemical Corp. 268 12,508
Rockwood Holdings, Inc. 1,807 84,206
RPM International, Inc. 3,145 89,758
Senomyx, Inc. (I) 1,262 2,398
Sensient Technologies Corp. 1,130 41,539
Sigma-Aldrich Corp. (L) 2,862 205,978
Spartech Corp. (I) 593 3,173
Stepan Company 253 24,318
Terra Nitrogen Company LP 440 95,040
The Dow Chemical Company 27,897 807,897
The Mosaic Company 10,020 577,252
The Scotts Miracle-Gro Company, Class A (L) 1,434 62,336
The Sherwin-Williams Company 2,440 363,340
Tredegar Corp. 684 12,134
Valhi, Inc. 8,007 97,685
Valspar Corp. 2,163 121,344
W.R. Grace & Company (I) 1,746 103,154
Westlake Chemical Corp. (L) 1,572 114,850
Zep, Inc. 592 8,951
Zoltek Companies, Inc. (I) 804 6,183
 
    9,333,306
Construction Materials - 0.1%    
Eagle Materials, Inc. 1,105 51,117
Headwaters, Inc. (I) 979 6,442
Martin Marietta Materials, Inc. (L) 1,072 88,837
Texas Industries, Inc. (I) 700 28,455
United States Lime & Minerals, Inc. (I) 129 6,219
Vulcan Materials Company 3,084 145,873
 
    326,943
Containers & Packaging - 0.2%    
AEP Industries, Inc. (I) 171 10,361
Aptargroup, Inc. 1,578 81,598
Ball Corp. 3,602 152,401
Bemis Company, Inc. 2,458 77,353
Boise, Inc. 2,614 22,899
Crown Holdings, Inc. (I) 3,552 130,536
Graphic Packaging Holding Company (I) 9,089 52,807
Greif, Inc., Class A 1,126 49,747
Myers Industries, Inc. 715 11,168
Owens-Illinois, Inc. (I) 3,776 70,838
Packaging Corp. of America 2,261 82,074
Rock-Tenn Company, Class A 1,673 120,757
Sealed Air Corp. 4,582 70,838
Silgan Holdings, Inc. 1,656 72,053
Sonoco Products Company 2,324 72,021
UFP Technologies, Inc. (I) 93 1,636
 
    1,079,087
Metals & Mining - 1.0%    
A. M. Castle & Company (I)(L) 676 8,443
AK Steel Holding Corp. (L) 2,774 13,315
Alcoa, Inc. (L) 25,036 221,569
Allegheny Technologies, Inc. 2,513 80,165
Allied Nevada Gold Corp. (I)(L) 2,164 84,526
AMCOL International Corp. 808 27,375
Carpenter Technology Corp. 1,159 60,639
Century Aluminum Company (I) 2,202 15,744
Cliffs Natural Resources, Inc. (L) 3,363 131,594
Coeur d’Alene Mines Corp. (I) 2,046 58,986
Commercial Metals Company 2,611 34,465
Compass Minerals International, Inc. 779 58,106
Freeport-McMoRan Copper & Gold, Inc. 22,357 884,890

 

Total Stock Market Index Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Metals & Mining (continued)    
General Moly, Inc. (I)(L) 2,672 $ 8,470
Globe Specialty Metals, Inc. 1,837 27,959
Handy & Harman, Ltd. (I) 391 5,779
Haynes International, Inc. 260 13,559
Hecla Mining Company (L) 6,341 41,534
Horsehead Holding Corp. (I) 1,000 9,340
Kaiser Aluminum Corp. (L) 483 28,202
Materion Corp. 519 12,352
McEwen Mining, Inc. (I)(L) 3,165 14,527
Metals USA Holdings Corp. (I) 1,000 13,370
Molycorp, Inc. (I) 2,271 26,117
Newmont Mining Corp. 11,513 644,843
Noranda Aluminum Holding Corp. 1,665 11,139
Nucor Corp. 7,479 286,147
Olympic Steel, Inc. 186 3,140
Paramount Gold and Silver Corp. (I) 2,635 7,009
Reliance Steel & Aluminum Company 1,785 93,445
Royal Gold, Inc. 1,442 143,998
RTI International Metals, Inc. (I)(L) 666 15,944
Schnitzer Steel Industries, Inc., Class A (L) 687 19,339
Solitario Exploration & Royalty Corp. (I) 2,030 3,756
Southern Copper Corp. (L) 19,807 680,569
Steel Dynamics, Inc. 5,061 56,835
Stillwater Mining Company (I) 2,775 32,717
SunCoke Energy, Inc. (I) 1,551 25,002
Titanium Metals Corp. (L) 4,069 52,205
United States Steel Corp. (L) 3,628 69,186
Universal Stainless & Alloy (I)(L) 119 4,421
Vista Gold Corp. (I)(L) 1,484 5,387
Walter Energy, Inc. 1,471 47,749
Worthington Industries, Inc. 1,600 34,656
 
    4,118,513
Paper & Forest Products - 0.2%    
Buckeye Technologies, Inc. 956 30,649
Clearwater Paper Corp. (I) 576 23,795
Deltic Timber Corp. 274 17,881
Domtar Corp. 870 68,112
International Paper Company 10,280 373,370
KapStone Paper and Packaging Corp. (I) 1,194 26,734
Louisiana-Pacific Corp. (I) 3,038 37,975
MeadWestvaco Corp. 3,992 122,155
Neenah Paper, Inc. 311 8,907
P.H. Glatfelter Company 956 17,026
Pope Resources LP 137 7,135
Schweitzer-Mauduit International, Inc. 798 26,326
Verso Paper Corp. (I) 1,827 2,923
Wausau Paper Corp. 993 9,195
 
    772,183
    15,630,032
Telecommunication Services - 2.8%    
Diversified Telecommunication Services - 2.5%    
8x8, Inc. (I) 1,278 8,384
Alaska Communications    
Systems Group, Inc. (L) 1,419 3,207
American Tower Corp. 9,280 662,499
AT&T, Inc. 139,609 5,263,259
Atlantic Tele-Network, Inc. 401 17,235
Cbeyond, Inc. (I) 824 8,125
CenturyLink, Inc. 14,640 591,456
Cincinnati Bell, Inc. (I)(L) 5,130 29,241
Cogent Communications Group, Inc. 1,163 26,737
Consolidated    
Communications Holdings, Inc. (L) 1,133 19,476

 

412

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Total Stock Market Index Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Diversified Telecommunication Services (continued)  
Frontier Communications Corp. (L) 23,625 $ 115,763
General Communication, Inc., Class A (I) 950 9,310
Globalstar, Inc. (I) 6,027 2,772
Hawaiian Telcom Holdco, Inc. (I) 267 4,734
HickoryTech Corp. 417 4,412
IDT Corp., Class B 427 4,385
inContact, Inc. (I) 630 4,108
Level 3 Communications, Inc. (I) 4,971 114,184
Lumos Networks Corp. 555 4,362
Multiband Corp. (I) 1,058 2,275
Neutral Tandem, Inc. 876 8,217
ORBCOMM, Inc. (I) 1,623 6,070
Premiere Global Services, Inc. (I) 1,065 9,958
Towerstream Corp. (I)(L) 1,087 4,413
tw telecom, Inc. (I) 3,587 93,513
Verizon Communications, Inc. 66,839 3,045,853
Vonage Holdings Corp. (I) 4,929 11,238
Windstream Corp. (L) 13,707 138,578
 
    10,213,764
Wireless Telecommunication Services - 0.3%    
Boingo Wireless, Inc. (I)(L) 634 5,034
Clearwire Corp., Class A (I)(L) 30,729 41,484
Crown Castle International Corp. (I) 6,702 429,598
Leap Wireless International, Inc. (I)(L) 2,036 13,886
MetroPCS Communications, Inc. (I) 8,442 98,856
NII Holdings, Inc. (I)(L) 4,011 31,486
NTELOS Holdings Corp. 555 9,640
SBA Communications Corp., Class A (I)(L) 2,821 177,441
Shenandoah Telecommunications Company 652 11,475
Sprint Nextel Corp. (I) 70,671 390,104
Telephone & Data Systems, Inc. 2,523 64,614
United States Cellular Corp. (I)(L) 2,035 79,630
USA Mobility, Inc. (L) 574 6,813
 
    1,360,061
    11,573,825
Utilities - 3.2%    
Electric Utilities - 1.7%    
ALLETE, Inc. 846 35,312
American Electric Power Company, Inc. 11,395 500,696
Cleco Corp. 1,463 61,417
Duke Energy Corp. 16,546 1,072,181
Edison International 7,726 353,001
El Paso Electric Company 958 32,812
Entergy Corp. 4,169 288,912
Exelon Corp. 20,027 712,561
FirstEnergy Corp. 9,831 433,547
Great Plains Energy, Inc. 3,214 71,544
Hawaiian Electric Industries, Inc. (L) 2,229 58,645
IDACORP, Inc. 1,180 51,059
ITC Holdings Corp. 1,187 89,713
MGE Energy, Inc. 555 29,409
NextEra Energy, Inc. 9,804 689,515
Northeast Utilities 7,338 280,532
NV Energy, Inc. 5,479 98,677
OGE Energy Corp. 2,339 129,721
Otter Tail Corp. 831 19,828
Pepco Holdings, Inc. (L) 5,268 99,565
Pinnacle West Capital Corp. 2,539 134,059
PNM Resources, Inc. 1,941 40,819
Portland General Electric Company 1,756 47,482
PPL Corp. 13,594 394,906
The Empire District Electric Company 1,053 22,692
The Southern Company 20,336 937,286

 

Total Stock Market Index Trust (continued)  
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Electric Utilities (continued)    
UIL Holdings Corp. 1,235 $ 44,287
Unitil Corp. 246 6,696
UNS Energy Corp. 843 35,288
Westar Energy, Inc. 2,973 88,179
Xcel Energy, Inc. 11,466 317,723
 
    7,178,064
Gas Utilities - 0.3%    
AGL Resources, Inc. 2,799 114,507
AmeriGas Partners LP 2,070 90,376
Atmos Energy Corp. 2,127 76,125
Chesapeake Utilities Corp. 243 11,508
Delta Natural Gas Company, Inc. 146 2,827
Ferrellgas Partners LP 1,746 33,872
Gas Natural, Inc. 229 2,276
National Fuel Gas Company (L) 1,970 106,459
New Jersey Resources Corp. 982 44,897
Northwest Natural Gas Company (L) 595 29,298
ONEOK, Inc. 4,906 237,009
Piedmont Natural Gas Company, Inc. (L) 1,721 55,898
Questar Corp. 4,272 86,850
RGC Resources, Inc. 233 4,189
South Jersey Industries, Inc. 691 36,575
Southwest Gas Corp. 1,053 46,543
Star Gas Partners LP 1,071 4,627
Suburban Propane Partners LP 1,101 45,537
The Laclede Group, Inc. 493 21,199
UGI Corp. 2,675 84,931
WGL Holdings, Inc. 1,244 50,071
 
    1,185,574
Independent Power Producers & Energy Traders - 0.1%  
AES Corp. 18,063 198,151
Calpine Corp. (I) 11,363 196,580
Dynegy, Inc. (I)(L) 3,598 1,367
Genie Energy, Ltd., B Shares 427 3,062
GenOn Energy, Inc. (I) 19,323 48,887
NRG Energy, Inc. 5,448 116,533
Ormat Technologies, Inc. 1,034 19,388
Synthesis Energy Systems, Inc. (I) 2,507 3,309
 
    587,277
Multi-Utilities - 1.0%    
Alliant Energy Corp. 2,630 114,116
Ameren Corp. 5,692 185,958
Avista Corp. 1,341 34,517
Black Hills Corp. 1,048 37,277
CenterPoint Energy, Inc. 9,994 212,872
CH Energy Group, Inc. 353 23,019
CMS Energy Corp. 6,023 141,842
Consolidated Edison, Inc. 6,902 413,361
Dominion Resources, Inc. 13,435 711,249
DTE Energy Company 4,007 240,180
Integrys Energy Group, Inc. 1,819 94,952
MDU Resources Group, Inc. 4,509 99,378
NiSource, Inc. 6,628 168,881
NorthWestern Corp. 845 30,614
PG&E Corp. 9,703 414,027
Public Service Enterprise Group, Inc. 11,973 385,291
SCANA Corp. 3,074 148,382
Sempra Energy 5,640 363,724
TECO Energy, Inc. 5,103 90,527
Vectren Corp. 1,933 55,284
Wisconsin Energy Corp. (L) 5,420 204,171
 
    4,169,622

 

413

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Total Stock Market Index Trust (continued)  
    Shares or  
    Principal  
    Amount Value
 
COMMON STOCKS (continued)      
Water Utilities - 0.1%      
American States Water Company (L)   483 $ 21,460
American Water Works Company, Inc.   4,182 154,985
Aqua America, Inc.   3,195 79,108
Artesian Resources Corp., Class A   363 8,432
Cadiz, Inc. (I)(L)   622 6,040
California Water Service Group   891 16,617
Connecticut Water Service, Inc.   252 8,039
Middlesex Water Company   365 6,993
SJW Corp.   367 9,307
York Water Company   367 6,731
 
      317,712
      13,438,249
TOTAL COMMON STOCKS (Cost $315,539,153) $ 406,679,887
 
CORPORATE BONDS - 0.0%      
Financials - 0.0%      
GAMCO Investors, Inc. Zero      
Coupon 12/31/2015 (Z) $ 2,800 $ 2,474
TOTAL CORPORATE BONDS (Cost $2,106) $ 2,474
 
RIGHTS - 0.0%      
Celgene Corp. (Expiration Date: 12/31/2030,    
Strike Price: $0.01) (I)   1,041 2,936
Fresenius Kabi Pharmaceuticals Holding, Inc.    
(Strike Price: $0.02) (I)(N)   4,291 0
Hampton Roads Bankshares, Inc. (Strike      
Price $0.70) (I)(N)   929 2,918
Liberty Ventures (Expiration Date: 10/09/2012,    
Strike Price: $35.99) (I)   227 3,074
Sanofi (Expiration Date: 12/31/2020, Strike    
Price: EUR 2.00) (I)   6,678 11,219
Sears Hometown and Outlet Stores, Inc.      
(Expiration Date: 10/08/2012, Strike      
Price: $15.00) (I)   2,538 6,903
TOTAL RIGHTS (Cost $38,205)   $ 27,050
 
WARRANTS - 0.0%      
Magnum Hunter Resources (Expiration Date:    
10/14/2013; Strike Price: $10.50) (I)(L)   273 15
TOTAL WARRANTS (Cost $0)   $ 15
 
SECURITIES LENDING COLLATERAL - 5.1%    
John Hancock Collateral      
Investment Trust, 0.3462% (W)(Y)   2,148,640 21,504,874
TOTAL SECURITIES LENDING      
COLLATERAL (Cost $21,503,750)   $ 21,504,874
 
SHORT-TERM INVESTMENTS - 2.9%      
Repurchase Agreement - 2.9%      
Repurchase Agreement with State Street Corp.    
dated 09/28/2012 at 0.010% to be      
repurchased at $11,952,010 on 10/01/2012,    
collateralized by $8,970,000 U.S. Treasury    
Bonds, 4.500% due 08/15/2039 (valued at    
$12,195,603, including interest) $ 11,952,000 $ 11,952,000
TOTAL SHORT-TERM INVESTMENTS (Cost $11,952,000) $ 11,952,000
Total Investments (Total Stock Market Index Trust)    
(Cost $349,035,214) - 104.9%   $ 440,166,300
Other assets and liabilities, net - (4.9%)     (20,538,840)
TOTAL NET ASSETS - 100.0%   $ 419,627,460

 

Ultra Short Term Bond Trust    
    Shares or  
    Principal  
    Amount Value
 
U.S. GOVERNMENT & AGENCY      
OBLIGATIONS - 40.4%      
U.S. Government Agency - 40.4%      
Federal Home Loan Banks      
0.330%, 11/26/2013 $ 3,000,000 3,000,630
0.420%, 06/06/2014   1,565,000 1,565,574
0.550%, 10/05/2015   4,000,000 4,000,896
Federal Home Loan Mortgage Corp.      
0.875%, 12/19/2014   2,500,000 2,503,935
2.230%, 12/01/2035 (P)   808,687 860,640
2.265%, 12/01/2035 (P)   383,053 404,103
2.283%, 11/01/2036 (P)   729,003 779,278
2.315%, 12/01/2036 (P)   201,913 214,323
2.356%, 05/01/2034 (P)   873,819 937,154
2.406%, 08/01/2035 (P)   771,904 827,464
2.447%, 06/01/2036 (P)   382,517 408,265
2.601%, 06/01/2035 (P)   777,100 835,626
2.657%, 05/01/2037 (P)   765,416 819,570
2.751%, 02/01/2036 (P)   695,255 746,688
Federal National Mortgage Association      
0.500%, 10/24/2014   2,500,000 2,500,312
0.600%, 11/21/2013   5,000,000 5,001,555
0.650%, 07/16/2015   2,500,000 2,501,747
0.700%, 05/29/2015 to 06/26/2015   6,195,000 6,200,463
0.800%, 11/23/2015   3,200,000 3,202,326
1.070%, 04/24/2015   2,500,000 2,501,100
2.239%, 10/01/2035 (P)   1,040,424 1,100,927
2.289%, 02/01/2035 (P)   905,822 962,775
2.312%, 01/01/2036 (P)   1,177,000 1,245,570
2.324%, 05/01/2036 (P)   2,577,508 2,717,297
2.379%, 07/01/2035 (P)   757,131 809,657
2.463%, 05/01/2034 (P)   601,050 645,416
2.548%, 10/01/2038 (P)   907,586 954,255
2.609%, 07/01/2035 (P)   1,293,951 1,383,569
6.500%, 10/01/2037   177,514 199,710
Government National Mortgage Association      
1.625%, 08/20/2032 to 08/20/2035 (P)   1,474,875 1,548,225
 
      51,379,050
TOTAL U.S. GOVERNMENT & AGENCY      
OBLIGATIONS (Cost $51,167,237)   $ 51,379,050
 
CORPORATE BONDS - 33.7%      
Consumer Discretionary - 6.6%      
American Honda Finance Corp.      
4.625%, 04/02/2013 (S)   1,000,000 1,021,219
Best Buy Company, Inc. 7.000%, 07/15/2013 1,000,000 1,029,603
Comcast Cable Communications      
Holdings, Inc. 8.375%, 03/15/2013   1,000,000 1,035,554
COX Communications, Inc.      
7.125%, 10/01/2012   892,000 892,000
Daimler Finance North America LLC      
6.500%, 11/15/2013   1,000,000 1,064,555
Hewlett-Packard Company      
1.250%, 09/13/2013   1,000,000 1,003,038
Toyota Motor Credit Corp.      
1.375%, 08/12/2013   250,000 252,340
Whirlpool Corp. 5.500%, 03/01/2013   1,000,000 1,017,124
Xerox Corp. 1.799%, 09/13/2013 (P)   1,000,000 1,006,604
 
      8,322,037
Consumer Staples - 2.6%      
Altria Group, Inc. 8.500%, 11/10/2013   1,000,000 1,085,221
Anheuser-Busch InBev Worldwide, Inc.      
3.000%, 10/15/2012   500,000 500,428
Cadbury Schweppes US Finance LLC      
5.125%, 10/01/2013 (S)   150,000 156,022

 

414

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Ultra Short Term Bond Trust (continued)  
    Shares or  
    Principal  
    Amount Value
 
 
CORPORATE BONDS (continued)      
Consumer Staples (continued)      
Coca-Cola Bottling Company      
5.000%, 11/15/2012 $ 500,000 $ 502,567
Philip Morris International, Inc.      
4.875%, 05/16/2013   1,000,000 1,027,425
 
      3,271,663
Financials - 13.7%      
American Express Credit Corp.      
1.750%, 06/12/2015   1,000,000 1,022,872
American International Group, Inc.      
4.250%, 05/15/2013   1,000,000 1,020,255
Aon Corp. 7.375%, 12/14/2012   1,000,000 1,012,447
Bank of America Corp.      
1.867%, 01/30/2014 (P)   500,000 503,585
Barclays Bank PLC 2.500%, 01/23/2013   1,000,000 1,006,216
BB&T Corp. 4.750%, 10/01/2012   1,000,000 1,000,000
Burlington Northern Santa Fe LLC      
4.300%, 07/01/2013   1,000,000 1,028,377
Citigroup, Inc. 1.906%, 01/13/2014 (P)   1,000,000 1,008,215
Credit Suisse USA, Inc.      
0.708%, 04/12/2013 (P)   1,000,000 1,001,085
General Electric Capital Corp.      
1.875%, 09/16/2013   1,000,000 1,014,171
ING Bank NV 2.000%, 10/18/2013 (S)   700,000 706,922
JPMorgan Chase & Company      
3.400%, 06/24/2015   1,000,000 1,061,345
5.250%, 11/02/2012   500,000 501,419
Merrill Lynch & Company, Inc.      
5.450%, 02/05/2013   750,000 761,460
Morgan Stanley 2.937%, 05/14/2013 (P)   250,000 252,464
National City Bank 0.518%, 03/01/2013 (P)   400,000 400,279
Royal Bank of Scotland Group PLC      
2.550%, 09/18/2015   155,000 156,865
The Goldman Sachs Group, Inc.      
6.000%, 05/01/2014   1,000,000 1,073,544
The Toronto-Dominion Bank      
0.628%, 07/26/2013 (P)   1,000,000 1,001,877
UBS AG 2.250%, 08/12/2013   300,000 303,893
Wachovia Corp. 5.500%, 05/01/2013   1,500,000 1,544,284
 
      17,381,575
Health Care - 0.8%      
WellPoint, Inc. 6.000%, 02/15/2014   1,000,000 1,070,015
Industrials - 2.2%      
Cooper US, Inc. 5.450%, 04/01/2015   1,000,000 1,100,029
ERAC USA Finance LLC      
2.750%, 07/01/2013 (S)   700,000 709,951
John Deere Capital Corp. 7.125%, 10/01/2012 1,000,000 1,000,000
 
      2,809,980
Information Technology - 0.8%      
International Business Machines Corp.      
4.750%, 11/29/2012   1,000,000 1,007,475
Materials - 4.2%      
Alcoa, Inc. 6.000%, 07/15/2013   1,000,000 1,038,367
ArcelorMittal 5.375%, 06/01/2013   1,000,000 1,025,536
International Paper Company      
5.300%, 04/01/2015   1,000,000 1,091,717
Rio Tinto Finance USA, Ltd.      
5.875%, 07/15/2013   1,000,000 1,039,800
The Dow Chemical Company      
5.900%, 02/15/2015   1,000,000 1,114,109
 
      5,309,529

 

Ultra Short Term Bond Trust (continued)  
    Shares or  
    Principal  
    Amount Value
 
CORPORATE BONDS (continued)      
Telecommunication Services - 2.4%      
Deutsche Telekom International Finance BV    
5.250%, 07/22/2013 $ 1,000,000 $ 1,036,754
Telecom Italia Capital SA 5.250%, 11/15/2013 1,000,000 1,031,250
Verizon Communications, Inc.      
5.250%, 04/15/2013   1,000,000 1,025,943
 
      3,093,947
Utilities - 0.4%      
NiSource Finance Corp. 6.150%, 03/01/2013 500,000 510,588
TOTAL CORPORATE BONDS (Cost $42,496,354) $ 42,776,809
 
ASSET BACKED SECURITIES - 20.4%      
AmeriCredit Automobile Receivables Trust      
Series 2011-1, Class A2,      
0.840%, 06/09/2014   70,012 70,023
Series 2011-4, Class A2,      
0.920%, 03/09/2015   987,329 989,376
Series 2010-3, Class A3,      
1.140%, 04/08/2015   293,862 294,655
Americredit Automobile Receivables Trust,      
Series 2011-1, Class A3      
1.390%, 09/08/2015   750,000 754,404
AmeriCredit Automobile Receivables Trust,    
Series 2010-2, Class A3      
1.710%, 08/08/2014   138,348 138,476
BA Credit Card Trust, Series 2010-A1,      
Class A1 0.521%, 09/15/2015 (P)   1,225,000 1,226,692
Bank of America Auto Trust, Series 2010-2,    
Class A3 1.310%, 07/15/2014   485,327 486,298
BMW Vehicle Lease Trust, Series 2011-1,      
Class A3 1.060%, 02/20/2014   1,308,558 1,312,032
Chase Issuance Trust, Series 2008-A6,      
Class A6 1.421%, 05/15/2015 (P)   2,675,000 2,695,402
Discover Card Master Trust, Series 2010-A1,    
Class A1 0.871%, 09/15/2015 (P)   1,500,000 1,503,707
Discover Card Master Trust I, Series 2005-4,    
Class A2 0.311%, 06/16/2015 (P)   1,635,000 1,635,109
Ford Credit Auto Owner Trust      
Series 2010-a, Class A4,      
2.150%, 06/15/2015   1,500,000 1,524,025
Series 2009-A, Class A4,      
6.070%, 05/15/2014   468,581 475,526
GE Capital Credit Card Master Note Trust,      
Series 2010-3, Class A 2.210%, 06/15/2016 1,500,000 1,518,851
Honda Auto Receivables Owner Trust      
Series 2011-3, Class A3,      
0.880%, 09/21/2015   1,750,000 1,760,789
Series 2010-1, Class A3,      
1.250%, 10/21/2013   152,786 152,962
Series 2010-2, Class A3,      
1.340%, 03/18/2014   155,140 155,672
Series 2010-1, Class A4,      
1.980%, 05/23/2016   1,000,000 1,007,904
Series 2009-3, Class A4,      
3.300%, 09/15/2015   263,300 264,236
Hyundai Auto Receivables Trust,      
Series 2010-A, Class A3      
1.500%, 10/15/2014   673,093 675,406
John Deere Owner Trust, Series 2012-A,      
Class A2 0.590%, 06/16/2014   1,500,000 1,501,613
Mercedes-Benz Auto Lease Trust,      
Series 2012-A 0.660%, 04/15/2014   910,000 911,097
Mercedes-Benz Auto Receivables Trust,      
Series 2009-1, Class A3      
1.670%, 01/15/2014   175,187 175,635

 

415

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Ultra Short Term Bond Trust (continued)  
    Shares or  
    Principal  
    Amount Value
 
ASSET BACKED SECURITIES (continued)    
Nissan Auto Lease Trust, Series 2012-A,      
Class A2B 0.381%, 07/15/2014 (P) $ 590,000 $ 590,713
Nissan Auto Receivables Owner Trust      
Series 2011-B, Class A2,      
0.740%, 09/15/2014   858,312 859,943
Series 2011-A, Class A3,      
1.180%, 02/16/2015   1,510,000 1,520,040
Volkswagen Auto Lease Trust      
Series 2012-A, Class A2,      
0.660%, 11/20/2014   1,250,000 1,253,530
Series 2010-A, Class A3,      
0.990%, 11/20/2013   511,214 512,316
TOTAL ASSET BACKED SECURITIES (Cost $26,021,632) $ 25,966,432
Total Investments (Ultra Short Term Bond Trust)    
(Cost $119,685,223) - 94.5%   $ 120,122,291
Other assets and liabilities, net - 5.5%     7,054,693
TOTAL NET ASSETS - 100.0%   $ 127,176,984
 
 
 
U.S. Equity Trust      
    Shares or  
    Principal  
    Amount Value
 
COMMON STOCKS - 99.3%      
Consumer Discretionary - 8.5%      
Auto Components - 0.0%      
Visteon Corp. (I)   2,000 $ 88,920
Automobiles - 0.3%      
General Motors Company (I)   114,600 2,607,150
Distributors - 0.2%      
Genuine Parts Company (L)   23,000 1,403,690
LKQ Corp. (I)   11,800 218,300
 
      1,621,990
Diversified Consumer Services - 0.1%      
Apollo Group, Inc., Class A (I)   25,000 726,250
Bridgepoint Education, Inc. (I)(L)   13,900 141,085
DeVry, Inc. (L)   7,700 175,252
H&R Block, Inc.   11,200 194,096
ITT Educational Services, Inc. (L)   4,400 141,812
 
      1,378,495
Hotels, Restaurants & Leisure - 2.4%      
Buffalo Wild Wings, Inc. (I)   1,000 85,740
Cracker Barrel Old Country Store, Inc.   1,600 107,376
Einstein Noah Restaurant Group, Inc.   7,900 139,751
Marriott International, Inc. (L)   5,600 218,960
McDonald’s Corp.   201,851 18,519,823
Panera Bread Company, Class A (I)   4,850 828,817
Ruth’s Hospitality Group, Inc. (I)   13,800 87,906
Starbucks Corp.   55,700 2,826,775
Wyndham Worldwide Corp.   7,200 377,856
Yum! Brands, Inc.   6,500 431,210
 
      23,624,214
Household Durables - 0.2%      
D.R. Horton, Inc. (L)   10,400 214,656
Garmin, Ltd. (L)   5,800 242,092
Jarden Corp.   2,000 105,680
Lennar Corp., Class A (L)   2,900 100,833
Mohawk Industries, Inc. (I)   3,800 304,076
NACCO Industries, Inc., Class A   870 109,107

 

U.S. Equity Trust (continued)    
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Household Durables (continued)    
Newell Rubbermaid, Inc. 5,000 $ 95,450
NVR, Inc. (I) 118 99,651
PulteGroup, Inc. (I) 6,700 103,850
Whirlpool Corp. 1,300 107,783
 
    1,483,178
Internet & Catalog Retail - 0.1%    
Expedia, Inc. (L) 7,550 436,692
Liberty Interactive Corp., Series A (I) 13,100 242,350
Liberty Ventures, Series A (I) 655 32,514
 
    711,556
Leisure Equipment & Products - 0.0%    
Johnson Outdoors, Inc., Class A (I) 4,500 96,255
Media - 0.6%    
Arbitron, Inc. 2,600 98,540
Charter Communications, Inc., Class A (I) 1,300 97,591
Clear Channel Outdoor Holdings, Inc., Class A 27,900 166,842
Comcast Corp., Class A 42,900 1,534,533
DIRECTV (I) 6,300 330,498
Discovery Communications, Inc., Class A (I) 4,100 244,483
Gannett Company, Inc. 15,200 269,800
Lamar Advertising Company, Class A (I) 10,900 403,954
Lions Gate Entertainment Corp. (I) 6,200 94,674
Omnicom Group, Inc. 1,800 92,808
The Walt Disney Company 37,500 1,960,500
The Washington Post Company, Class B (L) 223 80,956
Time Warner, Inc. 20,233 917,162
 
    6,292,341
Multiline Retail - 0.8%    
Big Lots, Inc. (I)(L) 2,800 82,824
Dillard’s, Inc., Class A 1,300 94,016
Dollar Tree, Inc. (I) 48,960 2,363,544
Family Dollar Stores, Inc. 15,100 1,001,130
J.C. Penney Company, Inc. (L) 8,700 211,323
Macy’s, Inc. 17,900 673,398
Sears Holdings Corp. (I) 12,800 710,272
Target Corp. 37,800 2,399,166
 
    7,535,673
Specialty Retail - 2.5%    
Advance Auto Parts, Inc. 7,200 492,768
Aeropostale, Inc. (I) 5,100 69,003
American Eagle Outfitters, Inc. 12,200 257,176
Asbury Automotive Group, Inc. (I) 3,600 100,620
AutoNation, Inc. (I)(L) 7,700 336,259
Barnes & Noble, Inc. (I)(L) 7,800 99,684
Bed Bath & Beyond, Inc. (I) 13,600 856,800
Best Buy Company, Inc. (L) 26,100 448,659
Big 5 Sporting Goods Corp. 12,000 119,400
Conn’s, Inc. (I) 4,000 88,200
Destination Maternity Corp. 4,200 78,540
Foot Locker, Inc. 2,700 95,850
GameStop Corp., Class A (L) 31,192 655,032
Lowe’s Companies, Inc. 78,800 2,382,912
O’Reilly Automotive, Inc. (I) 4,200 351,204
Orchard Supply Hardware    
Stores Corp., Class A (I) 428 6,197
PetSmart, Inc. 2,700 186,246
Ross Stores, Inc. 61,800 3,992,280
Sally Beauty Holdings, Inc. (I) 3,500 87,815
Staples, Inc. 6,000 69,120
The Gap, Inc. 28,700 1,026,886
The Home Depot, Inc. 71,200 4,298,344

 

416

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

U.S. Equity Trust (continued)    
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Specialty Retail (continued)    
TJX Companies, Inc. 182,900 $ 8,192,091
    24,291,086
Textiles, Apparel & Luxury Goods - 1.3%    
Carter’s, Inc. (I) 4,000 215,360
Coach, Inc. 43,700 2,448,074
Fossil, Inc. (I) 1,140 96,558
NIKE, Inc., Class B 91,710 8,704,196
Steven Madden, Ltd. (I) 2,900 126,788
VF Corp. 8,010 1,276,474
 
    12,867,450
    82,598,308
Consumer Staples - 23.5%    
Beverages - 6.2%    
Brown-Forman Corp., Class B 40,698 2,655,545
Monster Beverage Corp. (I) 40,440 2,190,230
PepsiCo, Inc. 319,476 22,609,317
The Coca-Cola Company 850,700 32,267,051
 
    59,722,143
Food & Staples Retailing - 5.0%    
CVS Caremark Corp. 34,700 1,680,174
Safeway, Inc. (L) 5,900 94,931
Sysco Corp. 112,400 3,514,748
The Kroger Company 33,700 793,298
Wal-Mart Stores, Inc. 552,980 40,809,924
Walgreen Company 56,700 2,066,148
 
    48,959,223
Food Products - 1.8%    
Campbell Soup Company (L) 41,600 1,448,512
Dean Foods Company (I) 11,600 189,660
Farmer Brothers Company (I) 9,900 94,149
General Mills, Inc. 125,200 4,989,220
H.J. Heinz Company 19,500 1,091,025
Hormel Foods Corp. (L) 50,000 1,462,000
Kellogg Company 49,300 2,546,838
Kraft Foods, Inc. (I) 14,000 578,900
McCormick & Company, Inc., Non-    
Voting Shares 24,900 1,544,796
The Hershey Company 42,700 3,027,003
 
    16,972,103
Household Products - 5.6%    
Church & Dwight Company, Inc. 27,100 1,463,129
Colgate-Palmolive Company 88,990 9,541,508
Kimberly-Clark Corp. 61,600 5,284,048
The Clorox Company 25,000 1,801,250
The Procter & Gamble Company 521,200 36,150,432
 
    54,240,367
Personal Products - 0.6%    
Avon Products, Inc. 13,100 208,945
Herbalife, Ltd. (L) 21,500 1,019,100
Nu Skin Enterprises, Inc., Class A (L) 10,200 396,066
The Estee Lauder Companies, Inc., Class A 71,762 4,418,386
USANA Health Sciences, Inc. (I) 2,200 102,234
 
    6,144,731
Tobacco - 4.3%    
Altria Group, Inc. 27,500 918,225
Lorillard, Inc. 30,390 3,538,916
Philip Morris International, Inc. 371,584 33,420,265
Reynolds American, Inc. 97,000 4,203,980

 

U.S. Equity Trust (continued)    
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Tobacco (continued)    
Universal Corp. (L) 2,000 $ 101,840
 
    42,183,226
 
    228,221,793
Energy - 1.3%    
Energy Equipment & Services - 0.0%    
Gulfmark Offshore, Inc., Class A (I) 2,700 89,208
Nabors Industries, Ltd. (I) 6,300 88,389
SEACOR Holdings, Inc. (I) 1,000 83,360
 
    260,957
Oil, Gas & Consumable Fuels - 1.3%    
Apache Corp. 14,290 1,235,656
Chevron Corp. 50,171 5,847,932
ConocoPhillips 21,900 1,252,242
HollyFrontier Corp. 2,300 94,921
Kinder Morgan, Inc. 22,900 813,408
Marathon Petroleum Corp. 14,600 797,014
Occidental Petroleum Corp. 11,535 992,702
Phillips 66 10,950 507,752
Tesoro Corp. 2,300 96,370
Valero Energy Corp. 15,800 500,544
Western Refining, Inc. 3,300 86,394
World Fuel Services Corp. (L) 4,900 174,489
 
    12,399,424
 
    12,660,381
Financials - 3.3%    
Capital Markets - 0.1%    
GAMCO Investors, Inc., Class A 2,000 99,500
Janus Capital Group, Inc. 11,600 109,504
Safeguard Scientifics, Inc. (I) 5,900 92,571
The Bank of New York Mellon Corp. 17,400 393,588
 
    695,163
Commercial Banks - 1.3%    
BB&T Corp. 21,500 712,940
Central Pacific Financial Corp. (I) 6,400 91,520
CIT Group, Inc. (I) 7,800 307,242
Fifth Third Bancorp 22,500 348,975
First Connecticut Bancorp, Inc. 6,800 91,868
First Horizon National Corp. 10,300 99,189
Heritage Commerce Corp. (I) 14,100 97,854
Heritage Oaks Bancorp (I) 16,100 92,736
Huntington Bancshares, Inc. 14,700 101,430
Investors Bancorp, Inc. 5,400 98,496
KeyCorp 10,900 95,266
OmniAmerican Bancorp, Inc. (I) 4,300 97,739
PNC Financial Services Group, Inc. 16,000 1,009,600
Regions Financial Corp. 60,700 437,647
State Bank Financial Corp. 6,000 98,940
SunTrust Banks, Inc. 8,800 248,776
Susquehanna Bancshares, Inc. 8,700 91,002
The Bancorp, Inc. (I) 9,600 98,592
U.S. Bancorp 43,500 1,492,050
Wells Fargo & Company 192,200 6,636,666
West Coast Bancorp 5,500 123,860
Wilshire Bancorp, Inc. (I) 16,600 104,580
 
    12,576,968
Consumer Finance - 0.1%    
Credit Acceptance Corp. (I) 1,100 94,061
Discover Financial Services 9,300 369,489
Ezcorp, Inc., Class A (I) 3,900 89,427
First Cash Financial Services, Inc. (I) 2,100 96,621

 

417

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

U.S. Equity Trust (continued)    
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Consumer Finance (continued)    
Nelnet, Inc., Class A 3,900 $ 92,586
SLM Corp. 19,300 303,396
 
    1,045,580
Diversified Financial Services - 0.7%    
Bank of America Corp. 370,372 3,270,385
JPMorgan Chase & Company 96,300 3,898,224
 
    7,168,609
Insurance - 0.9%    
Alleghany Corp. (I) 270 93,134
Allied World Assurance Company Holdings AG 2,500 193,125
American Financial Group, Inc. 2,000 75,800
American International Group, Inc. (I) 40,300 1,321,437
Aon PLC 5,700 298,053
Aspen Insurance Holdings, Ltd. 3,100 94,519
Assurant, Inc. 18,800 701,240
Cincinnati Financial Corp. 2,400 90,936
CNO Financial Group, Inc. 11,800 113,870
Genworth Financial, Inc., Class A (I) 58,100 303,863
Hartford Financial Services Group, Inc. 15,500 301,320
Hilltop Holdings, Inc. (I) 9,200 116,932
Kemper Corp. 3,000 92,130
Lincoln National Corp. 14,700 355,593
MBIA, Inc. (I) 8,400 85,092
MetLife, Inc. 12,200 420,412
Old Republic International Corp. 9,100 84,630
Presidential Life Corp. 4,600 64,078
Primerica, Inc. 3,400 97,376
Protective Life Corp. 3,100 81,251
Prudential Financial, Inc. 7,900 430,629
StanCorp Financial Group, Inc. 2,600 81,224
Symetra Financial Corp. 15,500 190,650
The Allstate Corp. 15,700 621,877
The Travelers Companies, Inc. 24,200 1,651,892
Torchmark Corp. 3,700 189,995
Unum Group 4,900 94,178
 
    8,245,236
Real Estate Investment Trusts - 0.2%    
American Capital Agency Corp. 11,500 397,785
CommonWealth REIT 4,800 69,888
General Growth Properties, Inc. 12,100 235,708
Getty Realty Corp. (L) 4,700 84,365
Gyrodyne Company of America, Inc. (I) 790 85,818
Hatteras Financial Corp. 3,200 90,208
Invesco Mortgage Capital, Inc. 4,500 90,585
iStar Financial, Inc. (I)(L) 14,100 116,748
Newcastle Investment Corp. 12,200 91,866
NorthStar Realty Finance Corp. 15,700 99,852
Omega Healthcare Investors, Inc. 700 15,911
One Liberty Properties, Inc. 4,800 89,520
PennyMac Mortgage Investment Trust 4,600 107,502
 
    1,575,756
Real Estate Management & Development - 0.0%    
Forest City Enterprises, Inc., Class A (I)(L) 6,200 98,270
Tejon Ranch Company (I) 3,200 96,128
The Howard Hughes Corp. (I) 11 782
The St. Joe Company (I) 5,700 111,150
 
    306,330
Thrifts & Mortgage Finance - 0.0%    
Capitol Federal Financial, Inc. 7,600 90,896
Franklin Financial Corp. (I) 5,500 93,830

 

U.S. Equity Trust (continued)    
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Thrifts & Mortgage Finance (continued)    
Hudson City Bancorp, Inc. 14,500 $ 115,420
 
    300,146
 
    31,913,788
Health Care - 29.1%    
Biotechnology - 2.4%    
Alexion Pharmaceuticals, Inc. (I) 4,730 541,112
Amgen, Inc. 124,400 10,489,408
AVEO Pharmaceuticals, Inc. (I) 7,500 78,075
Biogen Idec, Inc. (I) 38,350 5,722,971
Celgene Corp. (I) 16,600 1,268,240
Cubist Pharmaceuticals, Inc. (I) 2,700 128,736
Enzon Pharmaceuticals, Inc. (I)(L) 13,200 91,872
Gilead Sciences, Inc. (I) 66,601 4,417,644
Idenix Pharmaceuticals, Inc. (I) 24,400 111,508
PDL BioPharma, Inc. (L) 14,900 114,581
Pharmacyclics, Inc. (I) 1,700 109,650
Regeneron Pharmaceuticals, Inc. (I) 1,610 245,783
Theravance, Inc. (I)(L) 3,400 88,094
 
    23,407,674
Health Care Equipment & Supplies - 4.6%    
Baxter International, Inc. 114,801 6,917,908
Becton, Dickinson and Company 40,500 3,181,680
Boston Scientific Corp. (I) 34,500 198,030
C.R. Bard, Inc. 15,790 1,652,424
Covidien PLC 69,900 4,153,458
Edwards Lifesciences Corp. (I) 19,720 2,117,336
IDEXX Laboratories, Inc. (I)(L) 11,800 1,172,330
Intuitive Surgical, Inc. (I) 8,670 4,297,112
Medtronic, Inc. 233,466 10,067,054
ResMed, Inc. (L) 19,100 772,977
St. Jude Medical, Inc. 59,600 2,510,948
Stryker Corp. 73,800 4,107,708
Varian Medical Systems, Inc. (I)(L) 21,200 1,278,784
Wright Medical Group, Inc. (I) 4,300 95,073
Zimmer Holdings, Inc. 40,000 2,704,800
 
    45,227,622
Health Care Providers & Services - 3.1%    
Aetna, Inc. 19,200 760,320
AmerisourceBergen Corp. 17,900 692,909
Cardinal Health, Inc. 10,500 409,185
Catamaran Corp. (I) 4,100 401,677
Cigna Corp. 4,300 202,831
Community Health Systems, Inc. (I) 3,300 96,162
Coventry Health Care, Inc. 8,400 350,196
Express Scripts Holding Company (I) 134,300 8,416,581
HCA Holdings, Inc. 10,700 355,775
Health Net, Inc. (I) 2,900 65,279
Henry Schein, Inc. (I)(L) 17,300 1,371,371
Humana, Inc. 8,400 589,260
Laboratory Corp. of America Holdings (I)(L) 29,400 2,718,618
LHC Group, Inc. (I) 5,400 99,738
McKesson Corp. 10,100 868,903
MEDNAX, Inc. (I) 9,300 692,385
Quest Diagnostics, Inc. 23,200 1,471,576
Tenet Healthcare Corp. (I) 17,700 110,979
UnitedHealth Group, Inc. 170,822 9,465,247
WellPoint, Inc. 17,700 1,026,777
 
    30,165,769
Health Care Technology - 0.3%    
Allscripts Healthcare Solutions, Inc. 8,800 109,384

 

418

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

U.S. Equity Trust (continued)    
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Health Care Technology (continued)    
Cerner Corp. (I) 30,940 $ 2,395,065
    2,504,449
Life Sciences Tools & Services - 0.2%    
Life Technologies Corp. (I) 2,200 107,536
Mettler-Toledo International, Inc. (I) 1 171
Techne Corp. 7,000 503,580
Waters Corp. (I) 17,100 1,424,943
 
    2,036,230
Pharmaceuticals - 18.5%    
Abbott Laboratories 397,601 27,259,525
Allergan, Inc. 59,474 5,446,629
Bristol-Myers Squibb Company 347,100 11,714,625
Eli Lilly & Company 327,901 15,545,786
Endo Health Solutions, Inc. (I) 9,600 304,512
Forest Laboratories, Inc. (I) 56,600 2,015,526
Hospira, Inc. (I) 2,900 95,178
Johnson & Johnson 518,400 35,722,944
Merck & Company, Inc. 820,856 37,020,606
Pfizer, Inc. 1,792,194 44,536,021
ViroPharma, Inc. (I) 4,000 120,880
Vivus, Inc. (I)(L) 3,200 57,024
 
    179,839,256
    283,181,000
Industrials - 2.9%    
Aerospace & Defense - 0.5%    
Alliant Techsystems, Inc. 1,800 90,198
Exelis, Inc. 8,400 86,856
GenCorp, Inc. (I) 14,000 132,860
General Dynamics Corp. 18,400 1,216,608
Huntington Ingalls Industries, Inc. (I) 2,300 96,715
L-3 Communications Holdings, Inc. 6,000 430,260
Lockheed Martin Corp. 5,580 521,060
National Presto Industries, Inc. (L) 1,300 94,744
Northrop Grumman Corp. 11,200 744,016
Raytheon Company 19,700 1,126,052
 
    4,539,369
Air Freight & Logistics - 0.2%    
C.H. Robinson Worldwide, Inc. 30,600 1,791,630
Airlines - 0.0%    
Delta Air Lines, Inc. (I) 10,700 98,012
Republic Airways Holdings, Inc. (I)(L) 16,401 75,937
 
    173,949
Building Products - 0.0%    
Quanex Building Products Corp. 5,100 96,084
USG Corp. (I)(L) 4,800 105,360
 
    201,444
Commercial Services & Supplies - 0.3%    
Corrections Corp. of America 2,800 93,660
Deluxe Corp. 3,600 110,016
Pitney Bowes, Inc. (L) 10,900 150,638
R.R. Donnelley & Sons Company (L) 7,701 81,631
Rollins, Inc. 24,800 580,072
Stericycle, Inc. (I)(L) 16,000 1,448,320
Tyco International, Ltd. 8,700 489,462
 
    2,953,799
Electrical Equipment - 0.0%    
EnerSys, Inc. (I) 2,500 88,225
Hubbell, Inc., Class B 1,100 88,814
 
    177,039

 

U.S. Equity Trust (continued)    
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Industrial Conglomerates - 1.3%    
3M Company 124,400 $ 11,497,048
General Electric Company 65,300 1,482,963
 
    12,980,011
Machinery - 0.1%    
Ingersoll-Rand PLC 7,000 313,740
ITT Corp. (L) 4,200 84,630
Lydall, Inc. (I) 6,700 94,403
Oshkosh Corp. (I) 4,400 120,692
 
    613,465
Professional Services - 0.1%    
Equifax, Inc. 3,800 177,004
Manpower, Inc. 2,500 92,000
Verisk Analytics, Inc., Class A (I) 6,000 285,660
 
    554,664
Trading Companies & Distributors - 0.4%    
Fastenal Company (L) 47,000 2,020,530
W.W. Grainger, Inc. (L) 10,700 2,229,559
 
    4,250,089
Transportation Infrastructure - 0.0%    
Wesco Aircraft Holdings, Inc. (I)(L) 6,500 88,790
 
    28,324,249
Information Technology - 29.4%    
Communications Equipment - 2.5%    
Cisco Systems, Inc. 280,419 5,353,199
Harris Corp. 9,200 471,224
QUALCOMM, Inc. 296,402 18,522,161
Sycamore Networks, Inc. (I) 6,400 98,560
Symmetricom, Inc. (I) 15,300 106,641
Ubiquiti Networks, Inc. (I)(L) 7,700 91,630
ViaSat, Inc. (I)(L) 2,400 89,712
 
    24,733,127
Computers & Peripherals - 4.8%    
Apple, Inc. 48,460 32,335,420
Dell, Inc. 120,600 1,189,116
EMC Corp. (I) 153,800 4,194,126
Hewlett-Packard Company 305,149 5,205,842
Lexmark International, Inc., Class A 3,500 77,875
NCR Corp. (I) 4,100 95,571
SanDisk Corp. (I) 20,349 883,757
Seagate Technology PLC 29,000 899,000
Western Digital Corp. 32,900 1,274,217
 
    46,154,924
Electronic Equipment, Instruments & Components - 0.1%  
Arrow Electronics, Inc. (I) 2,300 77,533
Avnet, Inc. (I) 6,300 183,267
Ingram Micro, Inc., Class A (I) 5,600 85,288
SYNNEX Corp. (I) 2,600 84,708
Tech Data Corp. (I) 1,800 81,540
Trimble Navigation, Ltd. (I) 1,900 90,554
 
    602,890
Internet Software & Services - 5.0%    
Akamai Technologies, Inc. (I) 2,600 99,476
AOL, Inc. (I) 8,200 288,886
eBay, Inc. (I) 9,500 459,895
Equinix, Inc. (I) 1,550 319,378
Google, Inc., Class A (I) 62,321 47,021,195
VistaPrint NV (I) 2,800 95,620
 
    48,284,450

 

419

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

U.S. Equity Trust (continued)    
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
IT Services - 7.0%    
Accenture PLC, Class A 122,700 $ 8,592,681
Amdocs, Ltd. 36,900 1,217,331
Automatic Data Processing, Inc. 69,200 4,059,272
Cognizant Technology    
Solutions Corp., Class A (I) 21,400 1,496,288
Computer Sciences Corp. 10,100 325,321
CoreLogic, Inc. (I) 5,000 132,650
CSG Systems International, Inc. (I) 5,300 119,197
DST Systems, Inc. 1,700 96,152
Fidelity National Information Services, Inc. 11,700 365,274
Fiserv, Inc. (I) 3,200 236,896
Global Payments, Inc. 12,800 535,424
Higher One Holdings, Inc. (I)(L) 7,200 97,056
International Business Machines Corp. 193,502 40,141,990
Jack Henry & Associates, Inc. 16,700 632,930
Lender Processing Services, Inc. 8,200 228,698
Mastercard, Inc., Class A 8,680 3,918,846
NeuStar, Inc., Class A (I) 17,000 680,510
Paychex, Inc. 70,200 2,336,958
SAIC, Inc. 7,500 90,300
Total Systems Services, Inc. 19,400 459,780
VeriFone Systems, Inc. (I) 2,800 77,980
Visa, Inc., Class A 13,240 1,777,867
 
    67,619,401
Office Electronics - 0.0%    
Xerox Corp. 55,100 404,434
Semiconductors & Semiconductor Equipment - 0.4%  
First Solar, Inc. (I)(L) 6,030 133,534
Intel Corp. 158,800 3,601,584
Marvell Technology Group, Ltd. 8,400 76,860
Tessera Technologies, Inc. 6,000 82,080
Texas Instruments, Inc. 16,300 449,065
 
    4,343,123
Software - 9.6%    
Adobe Systems, Inc. (I) 8,800 285,648
ANSYS, Inc. (I) 12,700 932,180
BMC Software, Inc. (I) 31,900 1,323,531
CA, Inc. 14,800 381,322
Check Point Software Technologies, Ltd. (I) 34,200 1,647,072
Citrix Systems, Inc. (I) 26,300 2,013,791
Compuware Corp. (I) 9,800 97,118
FactSet Research Systems, Inc. (L) 8,490 818,606
Informatica Corp. (I) 13,800 480,378
Intuit, Inc. 56,600 3,332,608
MICROS Systems, Inc. (I) 16,200 795,744
Microsoft Corp. 1,528,436 45,516,824
Oracle Corp. 1,118,939 35,235,389
Seachange International, Inc. (I) 11,600 91,060
Symantec Corp. (I) 20,900 376,200
 
    93,327,471
    285,469,820
Materials - 0.5%    
Chemicals - 0.3%    
CF Industries Holdings, Inc. 2,740 608,938
Ecolab, Inc. 24,600 1,594,326
FMC Corp. 1,700 94,146
H.B. Fuller Company 3,000 92,040
Huntsman Corp. 7,000 104,510
PPG Industries, Inc. 1,850 212,454
The Sherwin-Williams Company 4,850 722,214

 

U.S. Equity Trust (continued)    
Shares or   
Principal   
Amount  Value
 
COMMON STOCKS (continued)    
Chemicals (continued)    
Valspar Corp. 4,200 $ 235,620
 
    3,664,248
Construction Materials - 0.0%    
Vulcan Materials Company 1,900 89,870
Metals & Mining - 0.1%    
A. M. Castle & Company (I)(L) 8,200 102,418
Freeport-McMoRan Copper & Gold, Inc. 11,680 462,294
Kaiser Aluminum Corp. (L) 2,200 128,458
SunCoke Energy, Inc. (I) 6,200 99,944
 
    793,114
Paper & Forest Products - 0.1%    
Clearwater Paper Corp. (I) 2,400 99,144
Resolute Forest Products (I)(L) 7,400 96,200
Schweitzer-Mauduit International, Inc. 16,181 533,811
 
    729,155
 
    5,276,387
Telecommunication Services - 0.7%    
Diversified Telecommunication Services - 0.6%    
American Tower Corp. 4,400 314,116
AT&T, Inc. 66,405 2,503,469
CenturyLink, Inc. 7,400 298,960
Level 3 Communications, Inc. (I) 3,600 82,692
Verizon Communications, Inc. 46,300 2,109,891
 
    5,309,128
Wireless Telecommunication Services - 0.1%    
Crown Castle International Corp. (I) 10,300 660,230
SBA Communications Corp., Class A (I)(L) 4,800 301,920
Sprint Nextel Corp. (I) 59,500 328,440
 
    1,290,590
 
    6,599,718
Utilities - 0.1%    
Electric Utilities - 0.1%    
Duke Energy Corp. 6,557 424,894
Entergy Corp. 1,350 93,555
The Southern Company 8,100 373,329
 
    891,778
Multi-Utilities - 0.0%    
Sempra Energy 2,900 187,021
 
    1,078,799
TOTAL COMMON STOCKS (Cost $789,222,394) $ 965,324,243
 
INVESTMENT COMPANIES - 0.0%    
Financials - 0.0%    
SPDR S&P 500 ETF Trust 2,030 292,178
TOTAL INVESTMENT COMPANIES (Cost $292,760) $ 292,178
 
SECURITIES LENDING COLLATERAL - 1.7%    
John Hancock Collateral    
Investment Trust, 0.3462% (W)(Y) 1,599,468 16,008,435
TOTAL SECURITIES LENDING    
COLLATERAL (Cost $16,008,268) $ 16,008,435
 
RIGHTS - 0.0%    
Consumer Discretionary - 0.0%    
Liberty Ventures (Expiration Date: 10/09/2012,    
Strike Price: $35.99) (I) 219 2,965

 

420

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

U.S. Equity Trust (continued)    
  Shares or  
  Principal  
  Amount Value
 
 
RIGHTS (continued)    
Consumer Discretionary (continued)    
Sears Hometown and Outlet Stores, Inc.    
(Expiration Date: 10/08/2012, Strike    
Price: $15.00) (I) 12,800 $ 34,816
    37,781
TOTAL RIGHTS (Cost $28,402) $ 37,781
 
SHORT-TERM INVESTMENTS - 0.6%    
Money Market Funds - 0.6%    
State Street Institutional Treasury Money    
Market Fund, 0.0000% (Y) 5,989,194 5,989,194
TOTAL SHORT-TERM INVESTMENTS (Cost $5,989,194) $ 5,989,194
Total Investments (U.S. Equity Trust)    
(Cost $811,541,018) - 101.6% $ 987,651,831
Other assets and liabilities, net - (1.6%)   (15,316,414)
TOTAL NET ASSETS - 100.0% $ 972,335,417
 
 
 
Utilities Trust    
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS - 89.4%    
Consumer Discretionary - 11.9%    
Media - 11.9%    
Comcast Corp., Special Class A 224,410 $ 7,809,468
Kabel Deutschland Holding AG 22,198 1,585,956
Liberty Global, Inc., Class A (I) 18,160 1,103,220
Time Warner Cable, Inc. 46,330 4,404,130
Viacom, Inc., Class B 25,940 1,390,125
Virgin Media, Inc. (L) 243,830 7,178,355
 
    23,471,254
Energy - 14.3%    
Oil, Gas & Consumable Fuels - 14.3%    
Cabot Oil & Gas Corp. 21,430 962,207
Cheniere Energy, Inc. (I)(L) 14,920 232,006
El Paso Pipeline Partners LP 8,280 308,182
Energen Corp. 24,170 1,266,750
EOG Resources, Inc. 970 108,689
EQT Corp. 52,500 3,097,500
Kinder Morgan, Inc. 159,696 5,672,402
Occidental Petroleum Corp. 12,370 1,064,562
QEP Resources, Inc. 66,681 2,111,120
Spectra Energy Corp. 102,730 3,016,153
The Williams Companies, Inc. 181,221 6,337,298
Williams Partners LP 59,460 3,251,273
WPX Energy, Inc. (I) 51,327 851,515
 
    28,279,657
Telecommunication Services - 16.5%    
Diversified Telecommunication Services - 10.3%    
American Tower Corp. 21,700 1,549,163
Bezeq The    
Israeli Telecommunication Corp., Ltd. 1,195,910 1,389,811
CenturyLink, Inc. 50,578 2,043,351
China Unicom Hong Kong, Ltd. 166,000 270,664
Deutsche Telekom AG 101,780 1,252,581
Frontier Communications Corp. (L) 155,290 760,921
TDC A/S 307,591 2,241,811
Telecom Italia SpA 3,207,328 2,812,915

 

Utilities Trust (continued)    
  Shares or  
  Principal  
  Amount Value
 
 
COMMON STOCKS (continued)    
Diversified Telecommunication Services (continued)  
Telefonica Brasil SA, ADR (L) 93,061 $ 2,023,146
Telenet Group Holding NV (I)(L) 20,989 938,595
Windstream Corp. (L) 67,590 683,335
Xl Axiata Tbk PT 1,668,500 1,157,463
Ziggo NV 92,280 3,135,986
 
    20,259,742
Wireless Telecommunication Services - 6.2%    
Cellcom Israel, Ltd. (L) 76,030 657,660
Crown Castle International Corp. (I) 11,960 766,636
ENTEL Chile SA 72,196 1,505,104
KDDI Corp. 1,500 116,222
Mobile TeleSystems OJSC, ADR 103,955 1,821,292
SBA Communications Corp., Class A (I)(L) 29,240 1,839,196
Tim Participacoes SA, ADR (L) 95,014 1,826,169
Turkcell Iletisim Hizmetleri AS (I) 11,160 68,068
Vodafone Group PLC 1,257,227 3,578,145
 
    12,178,492
 
    32,438,234
Utilities - 46.7%    
Electric Utilities - 22.5%    
American Electric Power Company, Inc. 53,040 2,330,578
CEZ AS 59,897 2,234,140
Cia Paranaense de Energia, ADR (L) 41,040 673,877
CPFL Energia SA 16,600 183,339
Duke Energy Corp. 3,750 243,000
E.CL SA 162,710 397,831
Edison International 113,810 5,199,979
EDP - Energias de Portugal SA 1,956,995 5,397,648
EDP - Energias do Brasil SA 223,700 1,420,160
FirstEnergy Corp. 55,970 2,468,277
Great Plains Energy, Inc. 56,435 1,256,243
Iberdrola SA 451,940 2,056,066
ITC Holdings Corp. (L) 32,580 2,462,396
Light SA 99,610 1,155,176
NextEra Energy, Inc. 42,170 2,965,816
Northeast Utilities 49,640 1,897,737
NV Energy, Inc. 56,820 1,023,328
OGE Energy Corp. 56,030 3,107,424
PPL Corp. 88,901 2,582,574
Red Electrica Corp. SA 55,975 2,658,529
SSE PLC 92,177 2,073,484
Transmissora Alianca de Energia Eletrica SA 15,300 554,717
 
    44,342,319
Gas Utilities - 2.3%    
AGL Resources, Inc. 22,330 913,520
APA Group, Ltd. 11,942 58,707
Atmos Energy Corp. 5,940 212,593
Enagas SA 145,899 2,885,009
ONEOK, Inc. 11,180 540,106
 
    4,609,935
Independent Power Producers & Energy Traders - 8.2%  
AES Corp. 333,730 3,661,018
AES Gener SA (I) 105,030 63,658
Calpine Corp. (I) 241,970 4,186,081
China Hydroelectric Corp., ADR (I) 44,940 72,803
China Longyuan Power Group Corp., H Shares 108,000 70,776
EDP Renovaveis SA (I) 615,800 2,761,650
GenOn Energy, Inc. (I) 694,980 1,758,299
NRG Energy, Inc. 140,392 3,002,985
Tractebel Energia SA 39,400 621,926
 
    16,199,196

 

421

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Utilities Trust (continued)      
    Shares or  
    Principal  
    Amount Value
 
COMMON STOCKS (continued)      
Multi-Utilities - 12.2%      
AGL Energy, Ltd.   12,950 $ 200,727
CenterPoint Energy, Inc.   117,970 2,512,761
CMS Energy Corp.   254,210 5,986,646
GDF Suez (L)   107,788 2,415,565
National Grid PLC   175,797 1,940,634
NiSource, Inc.   51,900 1,322,412
PG&E Corp.   27,680 1,181,106
Public Service Enterprise Group, Inc.   109,350 3,518,883
RWE AG   23,430 1,050,107
Sempra Energy   54,470 3,512,770
Suez Environnement Company   39,370 446,857
 
      24,088,468
Water Utilities - 1.5%      
Aguas Andinas SA   1,027,801 689,029
Cia de Saneamento Basico do Estado de      
Sao Paulo   18,600 761,432
Cia de Saneamento de Minas Gerais   43,400 986,923
United Utilities Group PLC   37,141 430,079
 
      2,867,463
      92,107,381
TOTAL COMMON STOCKS (Cost $153,901,956) $ 176,296,526
 
PREFERRED SECURITIES - 5.2%      
Utilities - 5.2%      
Electric Utilities - 5.2%      
Cia Paranaense de Energia   57,100 932,302
Companhia Energetica de Minas Gerais   108,550 1,316,147
Nextera Energy Inc, 5.889%   39,040 2,022,662
Nextera Energy, Inc., 7.000%   34,940 1,912,965
PPL Corp., 8.750%   38,400 2,100,480
PPL Corp., 9.500%   38,440 2,058,462
TOTAL PREFERRED SECURITIES (Cost $10,601,989) $ 10,343,018
 
CORPORATE BONDS - 1.5%      
Energy - 0.6%      
Oil, Gas & Consumable Fuels - 0.6%      
EP Energy LLC 9.375%, 05/01/2020 (S) $ 1,080,000 $ 1,177,200
Utilities - 0.9%      
Independent Power Producers & Energy Traders - 0.9%  
GenOn Energy, Inc.      
9.875%, 10/15/2020   1,316,000 1,460,760
Viridian Group FundCo II, Ltd.      
11.125%, 04/01/2017 (S)   295,000 295,000
TOTAL CORPORATE BONDS (Cost $2,673,404) $ 2,932,960
 
CONVERTIBLE BONDS - 1.5%      
Consumer Discretionary - 0.8%      
Media - 0.8%      
Virgin Media, Inc. 6.500%, 11/15/2016 $ 888,000 $ 1,530,135
Telecommunication Services - 0.7%      
Wireless Telecommunication Services - 0.7%    
SBA Communications Corp.      
4.000%, 10/01/2014   677,000 1,434,394
TOTAL CONVERTIBLE BONDS (Cost $2,076,123) $ 2,964,529

 

Utilities Trust (continued)    
    Shares or  
    Principal  
    Amount Value
 
SECURITIES LENDING COLLATERAL - 9.3%    
John Hancock Collateral      
Investment Trust, 0.3462% (W)(Y)   1,840,609 18,421,918
TOTAL SECURITIES LENDING      
COLLATERAL (Cost $18,421,512)   $ 18,421,918
 
SHORT-TERM INVESTMENTS - 2.1%      
Repurchase Agreement - 2.1%      
Repurchase Agreement with State Street Corp.    
dated 09/28/2012 at 0.010% to be      
repurchased at $4,117,003 on 10/01/2012,    
collateralized by $4,175,000 Federal      
National Mortgage Association, 0.750% due    
04/10/2015 (valued at $4,201,094,      
including interest) $ 4,117,000 $ 4,117,000
TOTAL SHORT-TERM INVESTMENTS (Cost $4,117,000) $ 4,117,000
Total Investments (Utilities Trust)      
(Cost $191,791,984) - 109.0%   $ 215,075,951
Other assets and liabilities, net - (9.0%)     (17,840,567)
 
TOTAL NET ASSETS - 100.0%   $ 197,235,384
 
 
 
Value Trust      
    Shares or  
    Principal  
    Amount Value
 
COMMON STOCKS - 91.6%      
Consumer Discretionary - 13.1%      
Automobiles - 1.3%      
Harley-Davidson, Inc.   144,010 $ 6,101,704
Hotels, Restaurants & Leisure - 1.3%      
Darden Restaurants, Inc.   107,239 5,978,574
Household Durables - 6.8%      
Mohawk Industries, Inc. (I)   187,637 15,014,713
Newell Rubbermaid, Inc.   882,881 16,854,198
 
      31,868,911
Specialty Retail - 3.7%      
Advance Auto Parts, Inc.   111,222 7,612,034
Staples, Inc.   813,162 9,367,626
 
      16,979,660
 
      60,928,849
Consumer Staples - 6.2%      
Food & Staples Retailing - 2.3%      
Safeway, Inc.   305,587 4,916,895
Sysco Corp.   184,843 5,780,041
 
      10,696,936
Food Products - 2.9%      
ConAgra Foods, Inc.   489,497 13,505,222
Personal Products - 1.0%      
Avon Products, Inc.   288,102 4,595,227
 
      28,797,385
Energy - 6.6%      
Oil, Gas & Consumable Fuels - 6.6%      
Murphy Oil Corp.   122,938 6,600,541
Newfield Exploration Company (I)   148,899 4,663,517
Pioneer Natural Resources Company   79,468 8,296,459

 

422

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

Value Trust (continued)    
  Shares or  
  Principal  
  Amount Value
 
COMMON STOCKS (continued)    
Oil, Gas & Consumable Fuels (continued)    
The Williams Companies, Inc. 322,193 $ 11,267,089
    30,827,606
    30,827,606
Financials - 19.4%    
Capital Markets - 2.8%    
Northern Trust Corp. 235,835 10,946,282
The Charles Schwab Corp. 161,577 2,066,570
 
    13,012,852
Commercial Banks - 7.1%    
BB&T Corp. 365,856 12,131,785
Comerica, Inc. 299,213 9,290,564
Wintrust Financial Corp. 308,426 11,587,565
 
    33,009,914
Insurance - 7.7%    
ACE, Ltd. 170,723 12,906,659
Marsh & McLennan Companies, Inc. 395,871 13,431,903
Willis Group Holdings PLC 261,704 9,662,112
 
    36,000,674
Real Estate Investment Trusts - 1.8%    
Weingarten Realty Investors 306,400 8,612,904
 
    90,636,344
Health Care - 6.7%    
Health Care Providers & Services - 5.7%    
Brookdale Senior Living, Inc. (I) 566,214 13,147,489
HealthSouth Corp. (I) 506,465 12,185,548
Universal Health Services, Inc., Class B 25,800 1,179,834
 
    26,512,871
Life Sciences Tools & Services - 1.0%    
PerkinElmer, Inc. 167,785 4,944,624
 
    31,457,495
Industrials - 8.9%    
Construction & Engineering - 0.3%    
Foster Wheeler AG (I) 63,733 1,527,043
Electrical Equipment - 2.5%    
The Babcock & Wilcox Company (I) 452,270 11,519,317
Machinery - 5.0%    
Ingersoll-Rand PLC 153,330 6,872,251
Snap-on, Inc. 229,049 16,461,752
 
    23,334,003
Road & Rail - 1.1%    
Swift Transportation Company (I) 579,847 4,998,281
 
    41,378,644
Information Technology - 13.7%    
Communications Equipment - 1.5%    
Juniper Networks, Inc. (I) 410,849 7,029,626
Computers & Peripherals - 2.0%    
Diebold, Inc. 275,655 9,292,330
Electronic Equipment, Instruments & Components - 1.9%  
Flextronics International, Ltd. (I) 1,497,687 8,986,122
IT Services - 3.3%    
Fidelity National Information Services, Inc. 497,819 15,541,909
Office Electronics - 2.7%    
Zebra Technologies Corp., Class A (I) 337,032 12,652,181

 

Value Trust (continued)        
    Shares or    
    Principal    
    Amount   Value
   
COMMON STOCKS (continued)        
Software - 2.3%        
BMC Software, Inc. (I)   254,565 $ 10,561,902
 
        64,064,070
Materials - 6.9%        
Chemicals - 1.9%        
W.R. Grace & Company (I)   153,164   9,048,929
Containers & Packaging - 5.0%        
Sealed Air Corp.   859,828   13,292,941
Sonoco Products Company   324,348   10,051,545
 
        23,344,486
 
        32,393,415
Telecommunication Services - 4.0%        
Diversified Telecommunication Services - 4.0%      
tw telecom, Inc. (I)   723,443   18,860,159
Utilities - 6.1%        
Electric Utilities - 3.6%        
Edison International   366,775   16,757,950
Multi-Utilities - 2.5%        
CenterPoint Energy, Inc.   406,640   8,661,432
Wisconsin Energy Corp.   85,782   3,231,404
 
        11,892,836
 
        28,650,786
TOTAL COMMON STOCKS (Cost $380,896,197)   $ 427,994,753
PREFERRED SECURITIES - 1.5%        
Financials - 0.9%        
Health Care REIT, Inc.   81,094   4,469,901
Health Care - 0.6%        
HealthSouth Corp., 6.500%   2,475   2,702,391
TOTAL PREFERRED SECURITIES (Cost $6,536,385) $ 7,172,292
CONVERTIBLE BONDS - 1.2%        
Health Care - 1.2%        
Brookdale Senior Living, Inc.        
2.750%, 06/15/2018 $ 5,094,000 $ 5,581,114
TOTAL CONVERTIBLE BONDS (Cost $4,693,386)   $ 5,581,114
SHORT-TERM INVESTMENTS - 6.1%        
Money Market Funds - 6.1%        
State Street Institutional Liquid Reserves        
Fund, 0.2106% (Y)   28,633,992   28,633,992
TOTAL SHORT-TERM INVESTMENTS (Cost $28,633,992) $ 28,633,992
Total Investments (Value Trust) (Cost $420,759,960) - 100.4% $ 469,382,151
Other assets and liabilities, net - (0.4%)       (1,976,200)
 
TOTAL NET ASSETS - 100.0%     $ 467,405,951

 

Footnotes

Percentages are based upon net assets.

Key to Currency Abbreviations
 
ARS - Argentine Peso
AUD - Australian Dollar
BRL - Brazilian Real
CAD - Canadian Dollar
DKK - Danish Krone

 

423

 


John Hancock Variable Insurance Trust

PORTFOLIO OF INVESTMENTS — September 30, 2012 (Unaudited) (showing percentage of total net assets)

EUR - Euro
GBP - British Pound
INR - Indian Rupee
IDR - Indonesian Rupiah
JPY - Japanese Yen
KRW - Korean Won
MXN - Mexican Peso
MYR - Malaysian Ringgit
NZD - New Zealand Dollar
NOK - Norwegian Krone
PHP - Philippine Peso
SEK - Swedish Krona
SGD - Singapore Dollar
ZAR - South African Rand

 

Key to Security Abbreviations and Legend
 
ADR - American Depositary Receipts
EURIBOR - Euro Interbank Offered Rate
GDR - Global Depositary Receipts
IO - Interest-Only Security (Interest Tranche of Stripped Mortgage
  Pool). Rate shown is the annualized yield at the end of the period.
LIBOR - London Interbank Offered Rate
PIK - Paid In Kind
PO - Principal-Only Security (Principal Tranche of Stripped Security).
  Rate shown is the annualized yield on date of purchase.
TBA - To Be Announced
USGG - U.S. Generic Government Yield Index
(A) The subadviser is an affiliate of the adviser.
(C) Security purchased on a when-issued or delayed delivery basis.
(D) All or a portion of this security is segregated at the custodian as
  collateral pursuant to certain derivative instrument contracts.
(F) All or a portion of this security is held at a broker to meet the
  margin requirements for futures contracts.
(G) The Portfolio’s sub-adviser is shown parenthetically.
(H) Non-income producing - Issuer is in default.
(I) Non-income producing security.
(L) All or a portion of the security is on loan as of
  September 30, 2012.
(M) Term loans are variable rate obligations. The coupon rate shown
  represents the rate at period end.
(N) Strike price and/or expiration date not available.
(O) The investment is an affiliate of the fund, the adviser and/or
  the subadviser.
(P) Variable rate obligation. Securities reset coupon rates periodically.
  The coupon rate shown represents the rate at period end.
(Q) Perpetual bonds have no stated maturity date. Date shown is next
  call date.
(R) Direct placement securities are restricted to resale and the Fund has
  limited rights to registration under the Securities Act of 1933. For
  more information on this security refer to the Notes to Portfolio
  of Investments.
(S) The securities are exempt from registration under Rule 144A of the
  Securities Act of 1933. Such securities may be resold, normally to
  qualified institutional buyers, in transactions exempt
  from registration.
(T) This position represents an unsettled loan commitment at period
  end where the coupon rate will be determined at time of settlement.
(W) Investment is an affiliate of the Portfolio, the adviser and/or
  subadviser. Also, it represents the investment of securities lending
  collateral received.
(Y) The rate shown is the annualized seven-day yield as of
  September 30, 2012.
(Z) Zero coupon bonds are issued at a discount from their principal
amount in lieu of paying interest periodically. 
* Yield represents either the annualized yield at the date of purchase,
  the stated coupon rate or, for floating rate securities, the rate at
  period end.

 

(1) Manulife Asset Management (US) LLC is doing business as John Hancock Asset Management.

(2) Manulife Asset Management (North America) Limited is doing business as John Hancock Asset Management.

424

 

Notes to Portfolio of Investments (Unaudited)

Nine Month Period Ended September 30, 2012

 

Security valuation. Investments are stated at value as of the close of regular trading on the New York Stock Exchange (NYSE), normally at 4:00 p.m., Eastern Time. In order to value the securities, the Portfolios use the following valuation techniques: equity securities, including exchange-traded funds, held by the Portfolios are valued at the last sale price or official closing price on the principal securities exchange on which they trade. In the event there were no sales during the day or closing prices are not available, then securities are valued using the last quoted bid or evaluated price. Investments by the Portfolios in open-end mutual funds, including John Hancock Collateral Investment Trust, are valued at their respective net asset values each business day. Debt obligations are valued based on the evaluated prices provided by an independent pricing service, which utilizes both dealer-supplied and electronic data processing techniques, taking into account factors such as institutional-size trading in similar groups of securities, yield, quality, coupon rate, maturity, type of issue, trading characteristics and other market data. Options listed on an exchange are valued at the mean between the last bid and ask prices from the exchange on which they are principally traded. For options not listed on an exchange, an independent pricing source is used to value the options at the mean between the last bid and ask prices. Futures contracts are valued at the quoted daily settlement prices established by the exchange on which they trade. Swaps are marked-to-market daily based upon values from third party vendors, which may include a registered commodities exchange, or broker quotations. Foreign securities and currencies, including forward foreign currency contracts, are valued in U.S. dollars, based on foreign currency exchange rates supplied by an independent pricing service. Certain securities and forward foreign currency contracts traded only in the over-the-counter market are valued at the last bid price quoted by brokers making markets in the securities at the close of trading. Certain short-term securities are valued at amortized cost.

 

Other portfolio securities and assets, where reliable market quotations are not readily available, are valued at fair value, as determined in good faith by the Portfolios’ Pricing Committee, following procedures established by the Board of Trustees which include price verification procedures. The frequency with which these fair valuation procedures are used cannot be predicted. Generally, trading in non-U.S. securities is substantially completed each day at various times prior to the close of trading on the NYSE. Significant market events that affect the values of non-U.S. securities may occur between the time when the valuation of the securities is generally determined and the close of the NYSE. During significant market events, these securities will be valued at fair value, as determined in good faith, following procedures established by the Board of Trustees. The Portfolios may use a fair valuation model to value non-U.S. securities in order to adjust for events which may occur between the close of foreign exchanges and the close of the NYSE.

 

The Portfolios use a three-tier hierarchy to prioritize the pricing assumptions, referred to as inputs, used in valuation techniques to measure fair value. Level 1 includes securities valued using quoted prices in active markets for identical securities, including registered investment companies. Level 2 includes securities valued using significant observable inputs. Observable inputs may include quoted prices for similar securities, interest rates, prepayment speeds and credit risk. Prices for securities valued using these inputs are received from independent pricing vendors and brokers and are based on an evaluation of the inputs described. Level 3 includes securities valued using significant unobservable inputs when market prices are not readily available or reliable, including the Portfolios’ own assumptions in determining the fair value of investments. Factors used in determining value may include market or issuer specific events, changes in interest rates and credit quality. The inputs or methodology used for valuing securities are not necessarily an indication of the risks associated with investing in those securities. Changes in valuation techniques may result in transfers into or out of an assigned level within the disclosure hierarchy.

 

As of September 30, 2012, all investments for All Cap Core Trust, American Asset Allocation Trust, American Blue Chip Income & Growth Trust, American Global Growth Trust, American Global Small Capitalization Trust, American Growth Trust, American Growth-Income Trust, American High-Income Bond Trust, American International Trust, American New World Trust, Core Fundamental Holdings Trust, Core Global Diversification Trust, Core Strategy Trust, Franklin Templeton Founding Allocation Trust, Fundamental Holdings Trust, Global Diversification Trust, Lifestyle Aggressive Trust, Lifestyle Balanced Trust, Lifestyle Conservative Trust, Lifestyle Growth Trust, Lifestyle Moderate Trust, Lifestyle Balanced PS Series, Lifestyle Conservative PS Series, Lifestyle Growth PS Series, Lifestyle Moderate PS Series, Small Company Growth Trust and U.S. Equity Trust, are categorized as Level 1 under the hierarchy described above.

 

All investments for 500 Index Trust, 500 Index Trust B, All Cap Value Trust, Growth Equity Trust, Real Estate Securities Trust and Small Cap Value Trust, are categorized as Level 1 under the hierarchy described above, except for repurchase agreements and/or short term discount notes which are categorized as Level 2.

 

All investments for Small Company Value Trust are categorized as Level 1 under the hierarchy described above except for preferred securities which are categorized as Level 2.

 

All investments for Money Market Trust, Money Market Trust B and Ultra Short Term Bond Trust, are categorized as Level 2 under the hierarchy described above.

 

All investments for Total Bond Market Trust A and Total Bond Market Trust B are categorized as Level 2 under the hierarchy described above, except for money market funds, which are categorized as Level 1.

 

The following is a summary of the values by input classification of the Portfolios’ investments as of September 30, 2012, by major security category or type:

 

  Total Market Value at 9-30-12 Level 1 Quoted Price Level 2 Significant Observable Inputs Level 3 Significant Unobservable Inputs
Active Bond Trust        
U.S. Government & Agency Obligations $363,803,130  - $363,803,130  -
Foreign Government Obligations 8,915,058  - 8,915,058  -
Corporate Bonds 515,492,559  - 513,768,623 $1,723,936
Capital Preferred Securities 15,561,556  - 15,561,556  -
Convertible Bonds 1,288,025  - 1,288,025  -
Term Loans 2,781,341  - 2,781,341  -
Municipal Bonds 8,569,007  - 8,569,007  -
Collateralized Mortgage Obligations 256,470,591  - 251,750,173 4,720,418
Asset Backed Securities 42,476,357  - 40,749,201 1,727,156
Common Stocks 43,767  - 1,551 42,216
Preferred Securities 9,202,647 $4,928,390 3,122,612 1,151,645
Short-Term Investments 84,444,961 84,444,961  -  -
Total Investments in Securities $1,309,048,999 $89,373,351 $1,210,310,277 $9,365,371
         
Alpha Opportunities Trust        
Common Stocks        
Consumer Discretionary $158,054,809 $149,748,114 $8,306,695  -
Consumer Staples 41,352,497 36,521,239 4,831,258  -
Energy 96,671,228 86,156,426 10,514,802  -
Financials 113,253,471 105,969,249 7,284,222  -
Health Care 138,553,366 125,931,403 12,621,963  -
Industrials 106,157,572 99,524,801 6,632,771  -
Information Technology 164,749,332 160,729,410 4,019,922  -
Materials 54,028,957 50,791,092 3,237,865 -
Telecommunication Services 6,399,335 6,399,335  -  -
Utilities 6,888,793 6,888,793  -  -
Securities Lending Collateral 92,962,016 92,962,016  -  -
Short-Term Investments 34,600,000  - 34,600,000  -
Total Investments in Securities $1,013,671,376 $921,621,878 $92,049,498                                   -
         
Blue Chip Growth Trust        
Common Stocks        
Consumer Discretionary $409,202,993 $409,202,993  -                                   -
Consumer Staples 22,221,177 22,221,177  -                                   -
Energy 99,881,224 99,881,224  -                                   -
Financials 154,957,099 154,957,099  -                                   -
Health Care 200,260,718 200,260,718  -                                   -
Industrials 225,563,813 225,563,813  -                                   -
Information Technology 612,867,841 584,809,824 $28,058,017                                   -
Materials 78,995,265 78,995,265  -                                   -
Rights 14 14  -                                   -
Securities Lending Collateral 53,474,280 53,474,280  -                                   -
Short-Term Investments 7,295,051 7,295,051  -                                   -
Total Investments in Securities $1,864,719,475 $1,836,661,458 $28,058,017                                   -
         
Bond Trust        
U.S. Government & Agency Obligations $4,110,042,140  - $4,098,759,327 $11,282,813
Foreign Government Obligations 9,080,732  - 9,080,732  -
Corporate Bonds 2,680,579,484  - 2,680,579,484  -
Municipal Bonds 18,967,696  - 18,967,696  -
Capital Preferred Securities 90,164,589  - 90,164,589  -
Collateralized Mortgage Obligations 910,729,918  - 816,261,212 94,468,706
Asset Backed Securities 7,098,464  - 7,098,464  -
Preferred Securities 14,690,269 $14,690,269  -  -
Securities Lending Collateral 25,516,568 25,516,568  -  -
Short-Term Investments 62,500,000  - 62,500,000  -
Total Investments in Securities $7,929,369,860 $40,206,837 $7,783,411,504 $105,751,519
         
Bond PS Series        
U.S. Government & Agency Obligations $108,137,456                                   - $107,748,393 $389,063
Foreign Government Obligations 326,059                                   - 326,059  -
Corporate Bonds 76,410,995                                   - 76,410,995  -
Capital Preferred Securities 1,919,080                                   - 1,919,080  -
Municipal Bonds 454,938                                   - 454,938  -
Collateralized Mortgage Obligations 23,611,044                                   - 21,124,397 2,486,647
Short-Term Investments 5,059,285                                   - 5,059,285  -
Total Investments in Securities $215,918,857                                   - $213,043,147 $2,875,710
         
Capital Appreciation Trust        
Common Stocks        
Consumer Discretionary $246,235,722 $223,505,372 $22,730,350                                   -
Consumer Staples 73,391,025 73,391,025  -                                   -
Energy 44,915,098 44,915,098  -                                   -
Financials 50,803,112 50,803,112  -                                   -
Health Care 173,040,124 173,040,124  -                                   -
Industrials 75,952,359 75,952,359  -                                   -
Information Technology 395,319,647 395,319,647  -                                   -
Materials 18,901,759 18,901,759  -                                   -
Telecommunication Services 10,649,895 10,649,895  -                                   -
Securities Lending Collateral 38,963,617 38,963,617  -                                   -
Total Investments in Securities $1,128,172,358 $1,105,442,008 $22,730,350                                   -
         
Capital Appreciation Value Trust        
Common Stocks        
Consumer Discretionary $36,138,408 $36,138,408  -                                   -
Consumer Staples 22,425,800 22,425,800  -                                   -
Energy 13,017,705 13,017,705  -                                   -
Financials 22,770,679 22,770,679  -                                   -
Health Care 37,782,736 37,782,736  -                                   -
Industrials 23,543,143 23,543,143  -                                   -
Information Technology 27,564,715 27,564,715  -                                   -
Materials 4,815,209 4,815,209  -                                   -
Telecommunication Services 4,746,430 4,746,430  -                                   -
Utilities 2,723,367 2,723,367  -                                   -
Preferred Securities        
Consumer Discretionary 1,099,760 1,099,760  -                                   -
Consumer Staples 422,250  - $422,250                                   -
Financials 2,360,070 1,939,320 420,750                                   -
Utilities 1,895,450 1,895,450  -                                   -
Corporate Bonds 32,088,856  - 32,088,856                                   -
Convertible Bonds 2,836,799  - 2,836,799                                   -
Term Loans 32,165,473  - 32,165,473                                   -
Collateralized Mortgage Obligations 14,447,567  - 14,447,567                                   -
Asset Backed Securities 2,323,519  - 2,323,519                                   -
Securities Lending Collateral 5,207,407 5,207,407  -                                   -
Short-Term Investments 55,420,212 52,038,936 3,381,276                                   -
Total Investments in Securities $345,795,555 $257,709,065 $88,086,490                                   -
Other Financial Instruments:        
Written Options ($2,324,305) ($2,324,305)                                  -                                   -
         
Core Allocation Plus Trust        
Common Stocks        
Consumer Discretionary $18,683,012 $14,559,252 $4,123,760  -
Consumer Staples 5,533,753 5,054,111 479,642  -
Energy 11,744,063 10,938,129 805,934  -
Financials 15,993,727 12,090,567 3,903,160  -
Health Care 14,154,788 12,791,742 1,363,046  -
Industrials 12,053,254 10,414,324 1,638,930  -
Information Technology 25,002,332 22,991,520 2,010,812  -
Materials 7,117,105 5,517,023 1,600,082  -
Telecommunication Services 2,055,648 1,854,743 200,905  -
Utilities 2,091,287 1,941,494 149,793  -
U.S. Government & Agency Obligations 21,687,381  - 21,687,381  -
Foreign Government Obligations 596,617  - 596,617  -
Corporate Bonds 22,865,759  - 22,865,759  -
Capital Preferred Securities 107,438  - 107,438  -
Municipal Bonds 2,067,982  - 2,067,982  -
Collateralized Mortgage Obligations 2,070,892  - 2,034,457 $36,435
Asset Backed Securities 1,204,297  - 1,204,297  -
Investment Companies 100,391 100,391  -  -
Securities Lending Collateral 7,737,052 7,737,052  -  -
Short-Term Investments 15,300,000  - 15,300,000  -
Total Investments in Securities $188,166,778 $105,990,348 $82,139,995 $36,435
Other Financial Instruments:        
Futures ($498,842) ($366,774)                                  - ($132,068)
Forward Foreign Currency Contracts ($56,404)                                   - ($56,404)                                   -
Credit Default Swaps $82,519                                   - $82,519                                   -
         
Core Bond Trust        
U.S. Government & Agency Obligations $901,485,568  - $899,511,497 $1,974,071
Foreign Government Obligations 25,140,951  - 25,140,951  -
Corporate Bonds 473,785,323  - 473,785,323  -
Municipal Bonds 18,773,741  - 18,773,741  -
Collateralized Mortgage Obligations 226,028,673  - 224,114,658 1,914,015
Asset Backed Securities 237,040,069  - 237,040,069  -
Short-Term Investments 68,894,654 $68,894,654  -  -
Total Investments in Securities $1,951,148,979 $68,894,654 $1,878,366,239 $3,888,086
Sale Commitments Outstanding ($21,810,819)                                   - ($21,810,819)                                   -
         
Disciplined Diversification Trust        
Common Stocks        
Consumer Discretionary $20,903,225 $14,581,708 $6,299,434 $22,083
Consumer Staples 14,237,133 9,217,679 5,019,454  -
Energy 17,448,282 14,273,503 3,174,779  -
Financials 29,755,057 17,845,998 11,902,192 6,867
Health Care 15,261,150 12,725,920 2,534,347 883
Industrials 20,849,838 12,312,710 8,537,045 83
Information Technology 21,715,010 17,667,613 4,024,997 22,400
Materials 12,653,893 7,435,127 5,186,475 32,291
Telecommunication Services 5,960,368 4,306,557 1,653,811  -
Utilities 5,427,423 3,542,243 1,885,180  -
Preferred Securities        
Consumer Discretionary 79,819 25,510 54,309  -
Consumer Staples 17,680 17,680  -  -
Financials 34,546 34,546  -  -
Industrials 28,679 28,679  -  -
Materials 68,081 68,081  -  -
Telecommunication Services 12,279 12,279  -  -
Utilities 25,927 25,927  -  -
U.S. Government & Agency Obligations 65,984,165  - 65,984,165  -
Warrants 2  - 2  -
Rights 3,620 2,277 1,343  -
Securities Lending Collateral 15,701,339 15,701,339  -  -
Short-Term Investments 197,006 197,006  -  -
Total Investments in Securities $246,364,522 $130,022,382 $116,257,533 $84,607
         
Emerging Markets Value Trust        
Common Stocks        
Brazil $102,159,717 $102,159,717  -  -
Chile 18,563,374 18,563,374  -  -
China 96,874,766 14,389,997 $82,315,910 $168,859
Czech Republic 4,710,816  - 4,710,816  -
Hong Kong 49,460,474 3,497,647 45,959,948 2,879
Hungary 5,363,673  - 5,363,673  -
India 85,901,610 2,976,188 82,841,061 84,361
Indonesia 32,427,542  - 31,993,171 434,371
Israel 113,446  - 113,446  -
Malaysia 41,258,465  - 41,258,465  -
Mexico 68,570,699 68,570,699  -  -
Philippines 10,157,321  - 10,157,321  -
Poland 19,045,183  - 19,045,183  -
Russia 59,280,783 19,944,358 39,336,425  -
South Africa 81,392,877 15,030,529 66,362,348  -
South Korea 167,793,653 37,489,247 130,260,140 44,266
Taiwan 140,370,360 3,147,521 137,152,804 70,035
Thailand 32,848,745  - 32,848,745  -
Turkey 21,503,891  - 21,503,891  -
Preferred Securities        
Brazil 17,039,819 17,039,819  -  -
Malaysia 45,095  - 45,095  -
Rights 312,842 58,702 254,140  -
Securities Lending Collateral 113,214,107 113,214,107  -  -
Total Investments in Securities $1,168,409,258 $416,081,905 $751,522,582 $804,771
         
Equity-Income Trust        
Common Stocks        
Consumer Discretionary $256,013,936 $249,365,186 $6,648,750                                   -
Consumer Staples 135,597,045 135,597,045  -                                   -
Energy 266,582,403 266,582,403  -                                   -
Financials 407,755,335 407,755,335  -                                   -
Health Care 147,356,715 147,356,715  -                                   -
Industrials 278,943,250 278,943,250  -                                   -
Information Technology 151,478,957 151,478,957  -                                   -
Materials 96,670,928 96,670,928  -                                   -
Telecommunication Services 86,298,139 72,992,017 13,306,122                                   -
Utilities 125,513,545 125,513,545  -                                   -
Preferred Securities        
Consumer Discretionary 11,722,696 11,722,696  -                                   -
Securities Lending Collateral 171,815,724 171,815,724  -                                   -
Short-Term Investments 90,022,253 90,022,253  -                                   -
Total Investments in Securities $2,225,770,926 $2,205,816,054 $19,954,872                                   -
         
Financial Services Trust        
Common Stocks        
Consumer Discretionary $2,319,030 $2,319,030  -  -
Consumer Staples 4,304,538 4,304,538  -  -
Energy 4,908,542 4,908,542  -  -
Financials 111,368,474 93,667,614 $15,060,773 $2,640,087
Information Technology 10,998,710 10,998,710  -  -
Securities Lending Collateral 6,359,625 6,359,625  -  -
Short-Term Investments 6,792,990  - 6,792,990  -
Total Investments in Securities $147,051,909 $122,558,059 $21,853,763 $2,640,087
         
Fundamental All Cap Core Trust        
Common Stocks        
Consumer Discretionary $246,962,082 $246,962,082  -                                   -
Consumer Staples 66,841,920 33,313,989 $33,527,931                                   -
Energy 107,482,393 107,482,393  -                                   -
Financials 314,436,611 314,436,611  -                                   -
Health Care 68,740,183 68,740,183  -                                   -
Industrials 138,799,117 138,799,117  -                                   -
Information Technology 366,565,428 366,565,428  -                                   -
Short-Term Investments 7,600,000  - 7,600,000                                   -
Total Investments in Securities $1,317,427,734 $1,276,299,803 $41,127,931                                   -
         
Fundamental Large Cap Value Trust        
Common Stocks        
Consumer Discretionary $91,157,290 $84,213,861 $6,943,429                                   -
Consumer Staples 48,349,399 38,015,895 $10,333,504                                   -
Energy 54,715,742 54,715,742  -                                   -
Financials 148,407,586 148,407,586  -                                   -
Health Care 57,321,631 57,321,631  -                                   -
Industrials 61,610,118 61,610,118  -                                   -
Information Technology 55,187,149 55,187,149  -                                   -
Utilities 5,104,638 5,104,638  -                                   -
Short-Term Investments 1,455,000  - 1,455,000                                   -
Total Investments in Securities $523,308,553 $504,576,620 $18,731,933                                   -
         
Fundamental Value Trust        
Common Stocks        
Consumer Discretionary $131,793,581 $126,865,066 $4,928,515  -
Consumer Staples 275,039,531 259,188,935 15,850,596  -
Energy 152,261,455 151,662,783 598,672  -
Financials 547,126,607 499,544,997 47,581,610  -
Health Care 49,706,399 49,706,399  -  -
Industrials 74,586,144 38,882,759 35,703,385  -
Information Technology 139,303,880 139,303,880  -  -
Materials 98,448,600 78,345,832 20,102,768 -
Telecommunication Services 3,164,736 3,164,736  - -
Convertible Bonds 446,064  - 446,064  -
Rights 96,026 96,026  -  -
Securities Lending Collateral 28,893,586 28,893,586  -  -
Short-Term Investments 100,669,487  - 100,669,487  -
Total Investments in Securities $1,601,536,096 $1,375,654,999 $225,881,097 -
         
Global Trust        
Common Stocks        
Austria $2,070,602  - $2,070,602                                   -
Brazil 3,938,126 $3,938,126  -                                   -
Canada 7,170,262 7,170,262  -                                   -
China 3,074,729 3,074,729  -                                   -
France 64,320,487  - 64,320,487                                   -
Germany 31,135,161  - 31,135,161                                   -
Hong Kong 4,905,891  - 4,905,891                                   -
India 3,338,845 3,338,845  -                                   -
Ireland 8,134,175  - 8,134,175                                   -
Italy 18,642,772  - 18,642,772                                   -
Japan 17,743,450  - 17,743,450                                   -
Netherlands 36,850,796  - 36,850,796                                   -
Portugal 1,670,636  - 1,670,636                                   -
Russia 4,171,004 4,171,004  -                                   -
Singapore 19,487,090 3,734,160 15,752,930                                   -
South Korea 18,673,389 4,972,643 13,700,746                                   -
Spain 2,876,787  - 2,876,787                                   -
Sweden 4,524,770  - 4,524,770                                   -
Switzerland 41,221,019 10,252,791 30,968,228                                   -
Taiwan 5,638,634  - 5,638,634                                   -
Turkey 5,787,265 5,787,265  -                                   -
United Kingdom 73,122,248  - 73,122,248                                   -
United States 218,634,805 218,634,805  -                                   -
Securities Lending Collateral 16,759,119 16,759,119  -                                   -
Short-Term Investments 2,500,000  - 2,500,000                                   -
Total Investments in Securities $616,392,062 $281,833,749 $334,558,313                                   -
         
Global Bond Trust        
U.S. Government & Agency Obligations $212,524,654  - $212,524,654  -
Foreign Government Obligations 276,057,050  - 276,057,050  -
Corporate Bonds 343,386,988  - 343,386,988  -
Municipal Bonds 14,052,440  - 14,052,440  -
Capital Preferred Securities 186,000  - 186,000  -
Collateralized Mortgage Obligations 133,124,537  - 133,124,537  -
Asset Backed Securities 30,912,017  - 30,912,017  -
Term Loans 3,423,875  - 3,423,875  -
Preferred Securities 2,282,913 $231,476  - $2,051,437
Escrow Shares 2,740,000 - 2,740,000  -
Options Purchased 811,464  - 811,464  -
Short-Term Investments 178,668,377  - 178,668,377  -
Total Investments in Securities $1,198,170,315 $231,476 $1,195,887,402 $2,051,437
Other Financial Instruments:        
Futures $1,536,385 $1,536,385                                  -                                   -
Forward Foreign Currency Contracts ($3,602,800)                                   - ($3,602,800)                                   -
Written Options ($4,389,177)                                   - ($4,380,901) ($8,276)
Interest Rate Swaps $4,437,276                                   - $4,437,276                                   -
Credit Default Swaps $234,537                                   - $234,537                                   -
Currency Swaps ($1,165,314)                                   - ($1,165,314)                                   -
         
Health Sciences Trust        
Common Stocks        
Consumer Staples $1,554,004 $1,226,804 $327,200  -
Financials 71,326 71,326  -  -
Health Care 186,249,155 172,453,106 13,796,049  -
Industrials 695,831 695,831  -  -
Information Technology 1,837,207 1,837,207  -  -
Materials 1,283,382 1,283,382  -  -
Preferred Securities        
Information Technology 168,800  -  - $168,800
Convertible Bonds        
Health Care 119,974  - 119,974  -
Options Purchased        
Call Options 55,770 55,770  -  -
Warrants 69,718  - 69,718  -
Short-Term Investments 7,789,928 7,789,928  -  -
Total Investments in Securities $199,895,095 $185,413,354 $14,312,941 $168,800
Other Financial Instruments:        
Written Options ($1,882,550) ($1,882,550)                                  -                                   -
         
Heritage Trust        
Common Stocks        
Consumer Discretionary $30,984,472 $30,984,472  -                                   -
Consumer Staples 14,679,606 14,679,606  -                                   -
Energy 7,409,394 7,409,394  -                                   -
Financials 7,900,399 7,900,399  -                                   -
Health Care 21,073,073 19,305,498 $1,767,575                                   -
Industrials 18,851,776 18,851,776  -                                   -
Information Technology 25,566,547 25,566,547  -                                   -
Materials 5,867,849 5,867,849  -                                   -
Telecommunication Services 3,397,694 3,397,694  -                                   -
Securities Lending Collateral 15,444,522 15,444,522  -                                   -
Short-Term Investments 2,567,823 2,567,823  -                                   -
Total Investments in Securities $153,743,155 $151,975,580 $1,767,575                                   -
Other Financial Instruments:        
Forward Foreign Currency Contracts $9,000                                   - $9,000                                   -
         
High Yield Trust        
Foreign Government Obligations $7,343,916  - $7,343,916 -
Corporate Bonds 221,882,117  - 220,619,081 $1,263,036
Capital Preferred Securities 3,603,738  - 3,603,738  -
Convertible Bonds 2,674,538  - 2,674,538  -
Term Loans 7,332,381  - 7,332,381  -
Common Stocks 7,664,744 $4,456,819 33,750 3,174,175
Preferred Securities 5,328,721 5,328,721  -  -
Escrow Certificates 46,170  - 46,170  -
Warrants 731,271 181,428 549,843  -
Options Purchased 20,316  - 20,316  -
Short-Term Investments 8,000,000  - 8,000,000  -
Total Investments in Securities $264,627,912 $9,966,968 $250,223,733 $4,437,211
Other Financial Instruments:        
Forward Foreign Currency Contracts ($155,994)                                   - ($155,994)                                   -
Written Options ($227,294)                                   - ($227,294)                                   -
Credit Default Swaps ($89,298)                                   - ($89,298)                                   -
         
Income Trust        
Corporate Bonds $162,409,890  - $162,409,890                                   -
Convertible Bonds 3,172,965  - 3,172,965                                   -
Term Loans 20,257,052  - 20,257,052                                   -
Collateralized Mortgage Obligations 1,849,238  - 1,849,238                                   -
Common Stocks 189,826,261 $164,423,695 25,402,566                                   -
Preferred Securities 23,879,960 $17,939,724 5,940,236                                   -
Warrants 854,449 854,449  -                                   -
Securities Lending Collateral 6,508,227 6,508,227  -                                   -
Short-Term Investments 5,300,000  - 5,300,000                                   -
Total Investments in Securities $414,058,042 $189,726,095 $224,331,947                            -
         
International Core Trust        
Common Stocks        
Australia $39,769,340  - $39,769,340 -
Austria 4,147,545  - 4,147,545  -
Belgium 10,814,845  - 10,814,845  -
Canada 20,657,777 $20,657,777  -  -
China 329,190 - 329,190  -
Denmark 6,858,951  - 6,858,951  -
Finland 3,581,609  - 3,581,609  -
France 72,709,700  - 72,709,700  -
Germany 44,445,543  - 44,445,543  -
Great Britain 265,744  - 265,744  -
Greece 1,119,408  - 1,119,408  -
Hong Kong 5,362,231  - 5,362,231  -
Ireland 7,627,965  - 7,627,965  -
Israel 1,139,871  - 1,139,871  -
Italy 35,102,626  - 35,102,626  -
Japan 163,114,821  - 162,362,847                   $751,974
Jersey, C.I. 897,759  - 897,759  -
Netherlands 29,844,482  - 29,844,482  -
New Zealand 4,533,856  - 4,533,856  -
Norway 1,874,579  - 1,874,579  -
Portugal 1,811,546  - 1,811,546  -
Singapore 10,856,427  - 10,856,427  -
Spain 40,949,505  - 40,949,505  -
Sweden 5,024,064  - 5,024,064  -
Switzerland 17,573,233  - 17,573,233  -
United Kingdom 132,511,082  - 132,511,082  -
Preferred Securities        
Germany 5,074,111  - 5,074,111  -
Securities Lending Collateral 113,353,260 113,353,260                    -                    -
Total Investments in Securities $781,351,070 $134,011,037 $646,588,059 $751,974
Other Financial Instruments:        
Futures ($188,724) $327,923 ($661,106) 144,459
Forward Foreign Currency Contracts $322,553                                   - $322,553                                   -
         
International Equity Index Trust A        
Common Stocks        
Australia $17,109,010  - $17,109,010  -
Austria 467,420  - 467,420  -
Belgium 2,189,002  - 2,189,002  -
Brazil 4,233,717 $4,233,717  -  -
Canada 23,957,768 23,957,768  -  -
Chile 1,050,787 1,050,787  -  -
China 8,788,157  - 8,788,157  -
Colombia 832,418 832,418  -  -
Czech Republic 228,025  - 228,025  -
Denmark 2,369,161  - 2,369,161  -
Egypt 203,600  - 203,600  -
Finland 1,392,853  - 1,392,853  -
France 16,715,585  - 16,715,585  -
Germany 15,226,555  - 15,226,555  -
Greece 110,461  - 110,461  -
Hong Kong 8,332,414  - 8,332,414  -
Hungary 212,933  - 212,933  -
India 4,250,911 3,880,086 370,825  -
Indonesia 1,836,213  - 1,836,213  -
Ireland 1,623,923 38,797 1,585,126  -
Israel 1,202,348  - 1,202,348  -
Italy 4,007,193  - 4,007,193  -
Japan 38,577,571  - 38,459,677 $117,894
Jersey, C.I. 232,506  - 232,506  -
Luxembourg 761,284  - 761,284  -
Macau 232,519  - 232,519  -
Malaysia 2,353,152  - 2,353,152  -
Mexico 3,294,291 3,208,665 85,626  -
Netherlands 9,429,260  - 9,429,260  -
New Zealand 218,583  - 218,583  -
Norway 1,868,354  - 1,868,354  -
Peru 496,159 496,159  -  -
Philippines 463,173  - 463,173  -
Poland 882,062  - 882,062  -
Portugal 338,127  - 338,127  -
Russia 4,387,384 3,298,944 1,088,440  -
Singapore 3,827,559  - 3,827,559  -
South Africa 5,520,439  - 5,520,439  -
South Korea 10,511,386 42,689 10,405,067 63,630
Spain 5,289,916  - 5,289,916  -
Sweden 5,804,761  - 5,804,761  -
Switzerland 17,921,001  - 17,921,001  -
Taiwan 6,231,012  - 6,231,012  -
Thailand 1,632,651  - 1,632,651  -
Turkey 1,179,039  - 1,179,039  -
Ukraine 16,657  - 16,657  -
United Kingdom 38,437,231  - 38,437,231  -
United States 236,172 205,533 30,639  -
Preferred Securities        
Brazil 4,099,538 4,099,538  -  -
Germany 1,005,351  - 1,005,351  -
South Korea 406,916  - 406,916  -
Rights 8,634 4,196 3,043 1,395
Warrants 431 431  -  -
Securities Lending Collateral 30,697,197 30,697,197  -  -
Short-Term Investments 3,341,796 3,341,796                                  -  -
Total Investments in Securities $316,042,566 $79,388,721 $236,470,926 $182,919
Other Financial Instruments:        
Futures ($215,694) ($215,694)                                  -                                   -
         
International Equity Index Trust B        
Common Stocks        
Australia $17,452,582  - $17,452,582  -
Austria 525,018  - 525,018  -
Belgium 2,291,114  - 2,291,114  -
Brazil 4,539,294 $4,539,294  -  -
Canada 24,547,210 $24,547,210  -  -
Chile 1,204,514 1,204,514  -  -
China 9,004,619  - 9,004,619  -
Colombia 773,110 773,110  -  -
Czech Republic 248,293  - 248,293  -
Denmark 2,421,364  - 2,421,364  -
Egypt 245,281  - 245,281  -
Finland 1,544,683  - 1,544,683  -
France 17,511,775  - 17,511,775  -
Germany 15,828,037  - 15,828,037  -
Greece 86,833  - 86,833  -
Hong Kong 9,052,684  - 9,052,684  -
Hungary 202,138  - 202,138 -
India 4,308,577 4,094,135 214,442  -
Indonesia 1,809,811 7,530 1,799,659 $2,622
Ireland 1,682,556 55,986 1,626,570  -
Israel 1,189,787  - 1,189,787  -
Italy 4,112,241  - 4,112,241  -
Japan 39,623,055  - 39,517,026 106,029
Jersey, C.I. 193,714  - 193,714  -
Luxembourg 732,653  - 732,653  -
Macau 243,542  - 243,542  -
Malaysia 2,144,153  - 2,144,153  -
Mexico 3,659,949 3,555,719 104,230  -
Netherlands 9,657,425  - 9,657,425  -
New Zealand 227,751  - 227,751  -
Norway 1,851,880  - 1,851,880  -
Peru 679,269 679,269  -  -
Philippines 523,749  - 523,749  -
Poland 1,030,207  - 1,030,207  -
Portugal 312,591  - 312,591  -
Russia 4,567,780 3,984,651 583,129  -
Singapore 3,673,832  - 3,673,832  -
South Africa 5,262,490  - 5,262,490  -
South Korea 10,319,741 236,809 10,038,391 44,541
Spain 5,447,078  - 5,447,078  -
Sweden 6,276,653  - 6,276,653  -
Switzerland 18,212,348  - 18,212,348  -
Taiwan 6,435,945  - 6,435,945  -
Thailand 1,647,057  - 1,647,057  -
Turkey 1,180,971  - 1,180,971  -
Ukraine 16,596  - 16,596  -
United Kingdom 39,314,751  - 39,314,751  -
United States 326,423 302,119 24,304  -
Preferred Securities        
Brazil 4,315,184 4,315,184  -  -
Germany 1,097,197  - 1,097,197  -
Malaysia 749  - 749  -
South Korea 356,623  - 356,623  -
Rights 9,803 4,290 4,165 1,348
Warrants 431 431  -  -
Securities Lending Collateral 31,816,235 31,816,235  -  -
Short-Term Investments 3,812,004 3,812,004  -  -
Total Investments in Securities $325,551,350 $83,928,490 $241,468,320 $154,540
Other Financial Instruments:        
Futures ($227,228) ($227,228)                                  -                                   -
         
International Growth Stock Trust        
Common Stocks        
Australia $15,455,816  - $15,455,816                                   -
Belgium 6,764,208  - 6,764,208                                   -
Brazil 4,867,973 $4,867,973  -                                   -
Canada 25,175,479 25,175,479  -                                   -
China 8,824,795 3,588,126 5,236,669                                   -
Denmark 2,855,534  - 2,855,534                                   -
France 12,799,028  - 12,799,028                                   -
Germany 13,848,405  - 13,848,405                                   -
Hong Kong 9,491,645  - 9,491,645                                   -
Ireland 4,911,757  - 4,911,757                                   -
Israel 5,810,651 5,810,651  -                                   -
Japan 21,095,130  - 21,095,130                                   -
Mexico 10,875,664 10,875,664  -                                   -
Netherlands 7,591,169  - 7,591,169                                   -
Russia 1,630,833  - 1,630,833                                   -
Singapore 7,039,274  - 7,039,274                                   -
South Korea 8,436,107  - 8,436,107                                   -
Spain 3,204,911  - 3,204,911                                   -
Sweden 12,109,337  - 12,109,337                                   -
Switzerland 24,340,993  - 24,340,993                                   -
Taiwan 3,034,943  - 3,034,943                                   -
Turkey 2,584,216  - 2,584,216                                   -
United Kingdom 48,030,887  - 48,030,887                                   -
Preferred Securities        
Germany 4,312,993  - 4,312,993                                   -
Short-Term Investments 26,930,450 26,930,450  -                                   -
Total Investments in Securities $292,022,198 $77,248,343 $214,773,855                                   -
         
International Index Trust        
Common Stocks        
Australia $4,629,033  - $4,629,033  -
Austria 139,724  - 139,724  -
Belgium 608,218  - 608,218  -
China 7,939  - 7,939  -
Denmark 642,454  - 642,454  -
Finland 392,938  - 392,938  -
France 4,607,517  - 4,607,517  -
Germany 4,195,844  - 4,195,844  -
Greece 97,389  - 97,389  -
Hong Kong 1,591,223  - 1,591,223  -
Ireland 427,114 $8,901 418,213  -
Israel 323,543 - 323,543  -
Italy 1,113,673  - 1,113,673  -
Japan 10,536,800  - 10,510,851 $25,949
Jersey, C.I. 54,802  - 54,802  -
Luxembourg 190,689  - 190,689  -
Macau 67,405  - 67,405  -
Mexico 27,801  - 27,801  -
Netherlands 2,560,779  - 2,560,779  -
New Zealand 67,015  - 67,015  -
Norway 483,219  - 483,219  -
Portugal 88,472  - 88,472  -
Singapore 975,522  - 975,522  -
Spain 1,500,339  - 1,500,339  -
Sweden 1,671,352  - 1,671,352  -
Switzerland 4,908,232  - 4,908,232  -
United Kingdom 10,468,482  - 10,468,482  -
United States 99,879 91,515 8,364  -
Preferred Securities        
Germany 287,878  - 287,878  -
Rights 1,138 1,138  -  -
Short-Term Investments 5,761,000                                   - 5,761,000  -
Total Investments in Securities $58,527,413 $101,554 $58,399,910 $25,949
Other Financial Instruments:        
Futures ($26,969) ($26,969)                                  -                                   -
         
International Opportunities Trust        
Common Stocks        
Australia $9,946,393 - $9,946,393                                   -
Belgium 4,331,916  - 4,331,916                                   -
Brazil 3,117,532 $3,117,532  -                                   -
Canada 16,209,743 16,209,743  -                                   -
China 5,684,178 2,330,793 3,353,385                                   -
Denmark 1,840,029  - 1,840,029                                   -
France 8,196,789  - 8,196,789                                   -
Germany 8,868,698  - 8,868,698                                   -
Hong Kong 6,078,427  - 6,078,427                                   -
Ireland 3,145,537  - 3,145,537                                   -
Israel 3,745,162 3,745,162  -                                   -
Japan 13,573,988  - 13,573,988                                   -
Mexico 6,981,098 6,981,098  -                                   -
Netherlands 4,865,899  - 4,865,899                                   -
Russia 1,044,409  - 1,044,409                                   -
Singapore 4,509,295  - 4,509,295                                   -
South Korea 5,407,860  - 5,407,860                                   -
Spain 2,052,472  - 2,052,472                                   -
Sweden 7,822,874  - 7,822,874                                   -
Switzerland 15,646,473  - 15,646,473                                   -
Taiwan 1,956,258  - 1,956,258                                   -
Turkey 1,654,972  - 1,654,972                                   -
United Kingdom 30,899,397  - 30,899,397                                   -
Preferred Securities                                         -
Germany 2,762,018  - 2,762,018                                   -
Short-Term Investments 18,728,353 18,728,353  -                                   -
Total Investments in Securities $189,069,770 $51,112,681 $137,957,089                                   -
         
International Small Company Trust        
Common Stocks        
Australia $6,007,595 $70,300 $5,852,337 $84,958
Austria 942,414  - 942,414  -
Bahamas 10,913  - 10,913  -
Belgium 1,184,345  - 1,184,345  -
Bermuda 454,651  - 454,651  -
Canada 9,496,948 9,462,947 34,001  -
Cayman Islands 24,759 24,759  -  -
China 52,548  - 52,548  -
Colombia 27,529 27,529  -  -
Cyprus 47,730  - 47,730  -
Denmark 805,710  - 805,710  -
Finland 2,157,300  - 2,157,300  -
France 3,163,155  - 3,163,155  -
Germany 4,374,043  - 4,374,043  -
Gibraltar 142,815  - 142,815  -
Great Britain 184,179  - 184,179  -
Greece 681,966  - 679,073 2,893
Hong Kong 1,934,679  - 1,903,381 31,298
Ireland 1,345,251  - 1,345,251  -
Isle of Man 10,703  - 10,703  -
Israel 458,180  - 458,180  -
Italy 2,464,295  - 2,464,295  -
Japan 22,951,535  - 22,851,715 99,820
Jersey, C.I. 165,713  - 165,713  -
Liechtenstein 87,833  - 87,833  -
Luxembourg 327,073  - 327,073  -
Malta 39,148  - 39,148  -
Netherlands 1,715,435  - 1,715,435  -
New Zealand 902,643  - 902,643  -
Norway 907,428  - 907,428  -
Papua New Guinea 10,102  - 10,102  -
Peru 64,057  - 64,057  -
Portugal 316,527  - 316,527  -
Russia 11,369  - 11,369  -
Singapore 1,439,625  - 1,439,625  -
South Africa 2,783 2,783  -  -
Spain 1,795,795  - 1,795,097 698
Sweden 3,124,734  - 3,124,734  -
Switzerland 4,473,860  - 4,473,860  -
United Arab Emirates 53,942  - 53,942  -
United Kingdom 19,997,516  - 19,995,929 1,587
United States 237,679 176,325 61,354  -
Rights 2,836  - 2,794 42
Warrants 411  - 411  -
Securities Lending Collateral 3,906,073 3,906,073  -  -
Total Investments in Securities $98,505,825 $13,670,716 $84,613,813 $221,296
         
International Value Trust        
Common Stocks        
Australia $3,897,102  - $3,897,102                                   -
Belgium 7,370,103  - 7,370,103                                   -
Brazil 11,271,286 $11,271,286  -                                   -
Canada 19,735,191 19,735,191  -                                   -
China 15,591,262 3,695,171 11,896,091                                   -
Denmark 3,029,585  - 3,029,585                                   -
France 144,736,948  - 144,736,948                                   -
Germany 61,091,414  - 61,091,414                                   -
Hong Kong 21,515,160  - 21,515,160                                   -
India 13,564,481  - 13,564,481                                   -
Ireland 8,064,717  - 8,064,717                                   -
Italy 14,995,890  - 14,995,890                                   -
Japan 46,169,563  - 46,169,563                                   -
Netherlands 113,001,854  - 113,001,854                                   -
Norway 44,317,483  - 44,317,483                                   -
Russia 3,093,813 3,047,685 46,128                                   -
Singapore 23,507,267 13,310,220 10,197,047                                   -
South Korea 66,498,354 24,669,227 41,829,127                                   -
Spain 12,438,618  - 12,438,618                                   -
Sweden 7,999,308  - 7,999,308                                   -
Switzerland 107,933,664 9,119,964 98,813,700                                   -
Taiwan 22,804,614  - 22,804,614                                   -
United Kingdom 182,500,562  - 182,500,562                                   -
Securities Lending Collateral 38,169,635 38,169,635  -                                   -
Short-Term Investments 34,000,000  - 34,000,000                                   -
Total Investments in Securities $1,027,297,874 $123,018,379 $904,279,495                                   -
         
Investment Quality Bond Trust        
U.S. Government & Agency Obligations $147,929,229                                   - $147,929,229  -
Foreign Government Obligations 5,521,019                                   - 5,521,019  -
Corporate Bonds 180,871,669                                   - 180,871,669  -
Capital Preferred Securities 1,479,740                                   - 1,479,740  -
Convertible Bonds 47,625                                   - 47,625  -
Municipal Bonds 15,184,621                                   - 15,184,621  -
Collateralized Mortgage Obligations 14,993,099                                   - 14,744,126 $248,973
Asset Backed Securities 13,102,854                                   - 13,102,854  -
Short-Term Investments 33,400,000                                   - 33,400,000  -
Total Investments in Securities $412,529,856                                   - $412,280,883 $248,973
Other Financial Instruments:        
Futures $62,476 $62,476                                  -                                   -
Forward Foreign Currency Contracts ($30,092)                                   - ($30,092)                                   -
Interest Rate Swaps ($1,935,966)                                   - ($1,935,966)                                   -
Credit Default Swaps $1,125,906                                   - $1,125,906                                   -
         
Mid Cap Index Trust        
Common Stocks        
Consumer Discretionary $79,133,662 $79,133,662  -  -
Consumer Staples 18,696,677 18,696,677  -  -
Energy 33,440,481 33,440,481  -  -
Financials 125,841,580 125,841,580  -  -
Health Care 59,194,941 59,194,941  -  -
Industrials 92,165,360 92,165,360  -  -
Information Technology 88,229,995 87,463,467 - $766,528
Materials 39,542,438 39,542,438  -  -
Telecommunication Services 3,197,187 3,197,187  -  -
Utilities 28,972,425 28,972,425  -  -
Securities Lending Collateral 122,373,266 122,373,266  -  -
Short-Term Investments 7,798,000  - $7,798,000  -
Total Investments in Securities $698,586,012 $690,021,484 $7,798,000 $766,528
Other Financial Instruments:        
Futures ($72,926) ($72,926)                                  -                                   -
         
Mid Cap Stock Trust        
Common Stocks        
Consumer Discretionary $208,682,171 $199,177,839 $9,504,332                                   -
Energy 50,279,265 50,279,265 -                                   -
Financials 48,826,712 48,826,712  -                                   -
Health Care 145,119,099 145,119,099  -                                   -
Industrials 79,110,952 68,648,893 10,462,059                                   -
Information Technology 158,659,126 158,659,126  -                                   -
Materials 39,498,367 39,498,367  -                                   -
Telecommunication Services 7,333,681 7,333,681  -                                   -
Securities Lending Collateral 171,977,304 171,977,304  -                                   -
Short-Term Investments 8,000,000  - 8,000,000                                   -
Total Investments in Securities $917,486,677 $889,520,286 $27,966,391                                   -
         
Mid Cap Value Equity Trust        
Common Stocks        
Consumer Discretionary $16,117,322 $16,117,322  -                                   -
Consumer Staples 5,460,359 5,460,359  -                                   -
Energy 11,600,895 11,600,895  -                                   -
Financials 28,877,514 28,877,514  -                                   -
Health Care 14,054,511 14,054,511  -                                   -
Industrials 20,064,428 20,064,428  -                                   -
Information Technology 10,113,714 10,113,714  -                                   -
Materials 10,458,155 10,458,155  -                                   -
Telecommunication Services 2,390,617 2,390,617  -                                   -
Utilities 12,839,785 12,839,785  -                                   -
Convertible Bonds        
Materials 229,940  - $229,940                                   -
Warrants 86,095 86,095 -                                   -
Rights 11,455 11,455 -                                   -
Securities Lending Collateral 16,122,229 16,122,229  -                                   -
Short-Term Investments 3,400,000  - 3,400,000                                   -
Total Investments in Securities $151,827,019 $148,197,079 $3,629,940                                   -
         
Mid Value Trust        
Common Stocks        
Consumer Discretionary $79,288,951 $76,722,896 $2,566,055                                   -
Consumer Staples 73,878,219 73,878,219  -                                   -
Energy 68,792,225 68,792,225  -                                   -
Financials 200,841,826 200,841,826  -                                   -
Health Care 54,152,661 54,152,661  -                                   -
Industrials 63,798,112 63,798,112  -                                   -
Information Technology 53,392,184 53,392,184  -                                   -
Materials 57,740,874 57,740,874  -                                   -
Telecommunication Services 9,048,935 9,048,935  -                                   -
Utilities 56,925,476 56,925,476  -                                   -
Convertible Bonds 2,268,549  - 2,268,549  
Securities Lending Collateral 117,141,518 117,141,518  -                                   -
Short-Term Investments 50,266,991 50,266,991  -                                   -
Total Investments in Securities $887,536,521 $882,701,917 $4,834,604                                   -
         
Mutual Shares Trust        
Common Stocks        
Consumer Discretionary $53,695,407 $40,324,095 $13,371,312  -
Consumer Staples 106,317,717 76,639,120 29,678,597  -
Energy 70,906,327 55,714,851 15,191,476  -
Financials 96,770,642 83,322,086 10,338,770 $3,109,786
Health Care 66,271,151 66,271,151  -  -
Industrials 30,505,917 23,696,481 6,809,436  -
Information Technology 52,489,885 50,771,560 1,718,325  -
Materials 23,940,047 15,552,220 8,387,827  -
Telecommunication Services 12,419,691  - 12,419,691  -
Utilities 20,747,466 12,508,090 8,239,376  -
Corporate Bonds 10,631,948  - 10,631,948  -
Convertible Bonds 3,138,652  - 3,138,652  -
Term Loans 15,362,892  - 15,362,892  -
Securities Lending Collateral 10,168,780 10,168,780  -  -
Short-Term Investments 70,638,350  - 70,638,350  -
Total Investments in Securities $644,004,872 $434,968,434 $205,926,652 $3,109,786
Sale Commitments Outstanding ($742,574) ($742,574)                                  -                                   -
Other Financial Instruments:        
Forward Foreign Currency Contracts ($3,204,083)                                   - ($3,204,083)                                   -
Written Options ($12,636) ($12,636)                                  -                                   -
         
Natural Resources Trust        
Common Stocks        
Energy $110,044,183 $90,292,154 $19,752,029  -
Financials 1,163,820 1,163,820  -  -
Industrials 211,564  - 211,564  -
Materials 60,531,363 38,826,493 21,704,870  -
Utilities 4,312,025 4,312,025  -  -
Warrants 1,010,263  - 1,010,263  -
Securities Lending Collateral 13,912,835 13,912,835  -  -
Short-Term Investments 11,782,000  - 11,782,000  -
Total Investments in Securities $202,968,053 $148,507,327 $54,460,726                                   -
         
New Income Trust        
U.S. Government & Agency Obligations $1,471,059,272  - $1,471,059,272                                   -
Foreign Government Obligations 57,123,531  - 57,123,531                                   -
Corporate Bonds 833,124,697  - 833,124,697                                   -
Municipal Bonds 132,315,598  - 132,315,598                                   -
Term Loans 51,823,096  - 51,823,096                                   -
Collateralized Mortgage Obligations 191,896,461  - 191,896,461                                   -
Asset Backed Securities 106,988,135  - 106,988,135                                   -
Capital Preferred Securities 5,000,947  - 5,000,947                                   -
Short-Term Investments 103,733,012 $98,590,903 5,142,109                                   -
Total Investments in Securities $2,953,064,749 $98,590,903 $2,854,473,846                                   -
Other Financial Instruments:        
Futures ($799,185) ($799,185)                                  -                                   -
Forward Foreign Currency Contracts ($575,880)                                   - ($575,880)                                   -
         
Real Return Bond Trust        
U.S. Government & Agency Obligations $130,380,394                                   - $130,380,394  -
Foreign Government Obligations 8,361,743                                   - 8,361,743  -
Corporate Bonds 21,760,610                                   - 21,760,610  -
Collateralized Mortgage Obligations 9,319,007                                   - 8,917,413 $401,594
Asset Backed Securities 4,847,150                                   - 4,847,150  -
Options Purchased 45,983                                   - 45,983  -
Short-Term Investments 62,714,951                                   - 62,714,951  -
Total Investments in Securities $237,429,838                                   - $237,028,244 $401,594
Other Financial Instruments:        
Futures $13,086 $13,086                                  -                                   -
Forward Foreign Currency Contracts ($235,650)                                   - ($235,650)                                   -
Written Options ($249,989)                                   - ($245,876) ($4,113)
Interest Rate Swaps $137,325                                   - $137,325                                   -
Credit Default Swaps $9,676                                   - $9,676                                   -
         
Science & Technology Trust        
Common Stocks        
Consumer Discretionary $19,910,070 $19,910,070 -  -
Health Care 4,119,825 4,119,825  -  -
Industrials 3,128,417 3,128,417  -  -
Information Technology 309,883,759 285,982,839 $23,833,586 $67,334
Materials 4,005,790 4,005,790  -  -
Telecommunication Services 1,707,920 194,813 1,513,107  -
Preferred Securities        
Information Technology 3,414,548  -  - 3,414,548
Securities Lending Collateral 41,491,200 41,491,200  -  -
Short-Term Investments 11,573,115 8,031,115 3,542,000  -
Total Investments in Securities $399,234,644 $366,864,069 $28,888,693 $3,481,882
         
Short Term Government Income Trust        
U.S. Government & Agency Obligations $503,825,169  - $503,825,169                                   -
Collateralized Mortgage Obligations 47,660,143  - 47,660,143                                   -
Preferred Securities 58,648 $58,648  -                                   -
Short-Term Investments 5,000,000  - 5,000,000                                   -
Total Investments in Securities $556,543,960 $58,648 $556,485,312                                   -
Other Financial Instruments:        
Futures ($90,730) ($90,730)                                  -                                   -
         
Small Cap Growth Trust        
Common Stocks        
Consumer Discretionary $81,226,217 $77,572,341 $3,653,876                                   -
Consumer Staples 9,152,832 9,152,832  -                                   -
Energy 22,356,229 22,356,229  -                                   -
Financials 27,358,623 27,358,623  -                                   -
Health Care 85,210,439 83,529,276 1,681,163                                   -
Industrials 58,953,937 58,953,937  -                                   -
Information Technology 90,755,418 90,755,418  -                                   -
Materials 20,966,932 20,966,932  -                                   -
Investment Companies        
Financials 2,963,910 2,963,910  -                                   -
Securities Lending Collateral 111,503,332 111,503,332  -                                   -
Short-Term Investments 11,100,000  - 11,100,000                                   -
Total Investments in Securities $521,547,869 $505,112,830 $16,435,039                                   -
         
Small Cap Index Trust        
Common Stocks        
Consumer Discretionary $43,422,254 $43,422,254  -  -
Consumer Staples 11,221,229 11,221,229  -  -
Energy 18,961,168 18,961,168  -  -
Financials 66,256,086 66,256,086  -  -
Health Care 41,524,613 41,522,537  - $2,076
Industrials 45,572,639 45,572,639  -  -
Information Technology 53,277,275 52,872,031  - 405,244
Materials 15,576,791 15,576,791  -  -
Telecommunication Services 2,442,584 2,442,584  -  -
Utilities 11,338,899 11,338,899  -  -
Preferred Securities        
Health Care 811 811  -  -
Rights 8,277  - $8,277  -
Warrants 168  - 168  -
Securities Lending Collateral 78,453,620 78,453,620  -  -
Short-Term Investments 1,816,000  - 1,816,000  -
Total Investments in Securities $389,872,414 $387,640,649 $1,824,445 $407,320
Other Financial Instruments:        
Futures ($10,002) ($10,002)                                  -                                   -
         
Small Cap Opportunities Trust        
Common Stocks        
Consumer Discretionary $23,930,748 $23,930,748  -  -
Consumer Staples 5,711,417 5,711,417  -  -
Energy 10,946,669 10,946,669  -  -
Financials 34,773,682 34,773,682  - -  
Health Care 14,534,299 14,517,502  -                       $16,797
Industrials 24,467,589 24,463,494  - 4,095
Information Technology 23,324,988 23,297,576  - 27,412
Materials 11,868,384 11,868,384  -  -
Telecommunication Services 840,179 840,179  -  -
Utilities 1,314,791 1,314,791  -  -
Preferred Securities        
Energy 3,130  - $3,130  -
Securities Lending Collateral 29,256,791 29,256,791  -  -
Short-Term Investments 709,189 709,189  -  -
Total Investments in Securities $181,681,856 $181,630,422 $3,130 $48,304
         
Smaller Company Growth Trust        
Common Stocks        
Consumer Discretionary $32,535,251 $32,535,251  -  -
Consumer Staples 4,350,220 4,350,220  -  -
Energy 20,168,346 20,168,346  -  -
Financials 19,163,583 19,163,583  -  -
Health Care 36,999,245 36,998,800  - $445
Industrials 38,007,936 38,007,936  -  -
Information Technology 46,273,543 46,273,543  -  -
Materials 10,308,743 10,308,743  -  -
Telecommunication Services 4,354,870 4,354,870  -  -
Utilities 36,437 36,437  -  -
Warrants 450  - $450  -
Securities Lending Collateral 42,121,026 42,121,026  -  -
Short-Term Investments 4,616,928 758,928 3,858,000  -
Total Investments in Securities $258,936,578 $255,077,683 $3,858,450 $445
Other Financial Instruments:        
Futures $1,443 $1,443                                  -                                   -
         
Strategic Allocation Trust        
Corporate Bonds        
Consumer Discretionary $6,123,905                                   - $6,123,905                                   -
Consumer Staples 4,747,798                                   - 4,747,798                                   -
Energy 637,912                                   - 637,912                                   -
Financials 12,370,116                                   - 12,370,116                                   -
Health Care 1,047,275                                   - 1,047,275                                   -
Industrials 5,684,233                                   - 5,684,233                                   -
Information Technology 1,532,596                                   - 1,532,596                                   -
Materials 1,484,160                                   - 1,484,160                                   -
Telecommunication Services 4,788,425                                   - 4,788,425                                   -
Utilities 3,021,550                                   - 3,021,550                                   -
Short-Term Investments 31,991,695                                   - 31,991,695                                   -
Total Investments in Securities $73,429,665                                   - $73,429,665                                   -
Other Financial Instruments:        
Futures ($1,370,658) ($1,063,540) ($59,511) ($247,607)
Forward Foreign Currency Contracts $217,221                                   - $217,221                                   -
         
Strategic Equity Allocation Trust        
Common Stocks        
Consumer Discretionary $866,409,008 $678,546,869 $187,862,139 -
Consumer Staples 796,588,710 567,179,206 229,409,504  -
Energy 774,352,357 613,740,759 160,611,598  -
Financials 1,371,174,532 917,647,913 453,526,617 $2
Health Care 900,041,904 702,261,847 197,777,689 2,368
Industrials 870,585,519 632,269,722 238,315,797  -
Information Technology 1,229,173,290 1,144,942,561 82,945,669 1,285,060
Materials 417,908,839 232,101,606 184,714,581 1,092,652
Telecommunication Services 283,090,715 178,384,464 104,706,251  -
Utilities 294,051,616 216,401,900 77,649,716  -
Preferred Securities        
Consumer Discretionary 7,619,466  - 7,619,466  -
Consumer Staples 2,667,440  - 2,667,440  -
Health Care 406 406  -  -
Utilities 293,228  - 293,228  -
Investment Companies 12,818 12,818  -  -
Rights        
Energy 41,563 41,563  -  -
Financials 10,690 - 10,690  -
Warrants        
Energy 192  - 192  -
Securities Lending Collateral 517,956,196 517,956,196  -  -
Short-Term Investments 47,408,000  - 47,408,000  -
Total Investments in Securities $8,379,386,489 $6,401,487,830 $1,975,518,577 $2,380,082
Other Financial Instruments:        
Futures ($682,531) ($682,531)                                  -                                   -
         
Strategic Income Opportunities Trust        
Foreign Government Obligations $113,433,971  - $113,433,971  -
Corporate Bonds 232,016,932  - 228,068,289 $3,948,643
Capital Preferred Securities 11,981,715  - 11,981,715  -
Convertible Bonds 7,640,331  - 7,640,331  -
Municipal Bonds 175,090  - 175,090  -
Term Loans 22,222,283  - 22,222,283  -
Collateralized Mortgage Obligations 20,528,574  - 20,247,427 281,147
Asset Backed Securities 1,876,079  - 1,876,079  -
Common Stocks 21,526,446 $21,512,614  - 13,832
Preferred Securities 22,531,656 20,650,886 1,495,116 385,654
Escrow Certificates 15,034  -  - 15,034
Options Purchased 36,050  - 36,050  -
Short-Term Investments 1,154,886  - 1,154,886  -
Total Investments in Securities $455,139,047 $42,163,500 $408,331,237 $4,644,310
Other Financial Instruments:        
Futures ($693,559) ($693,559)                                  -                                   -
Forward Foreign Currency Contracts ($2,448,526)                                   - ($2,448,526)                                   -
         
Total Return Trust        
U.S. Government & Agency Obligations $2,393,469,788                                   - $2,393,469,788  -
Foreign Government Obligations 332,963,950                                   - 332,963,950  -
Corporate Bonds 757,242,618                                   - 757,242,618  -
Capital Preferred Securities 8,703,161                                   - 8,703,161  -
Municipal Bonds 157,692,487                                   - 157,692,487  -
Term Loans 6,945,575                                   - 6,945,575  -
Collateralized Mortgage Obligations 192,954,829                                   - 192,954,829  -
Asset Backed Securities 56,257,040                                   - 56,257,040  -
Preferred Securities 8,527,372                                   -  - $8,527,372
Short-Term Investments 537,786,922                                   - 537,786,922  -
Total Investments in Securities $4,452,543,742                                   - $4,444,016,370 $8,527,372
Sale Commitments Outstanding ($45,938,594)   ($45,938,594)  
Other Financial Instruments:        
Futures $3,277,758 $3,277,758                                  -                                   -
Forward Foreign Currency Contracts ($7,848,866)                                   - ($7,848,866)                                   -
Written Options ($2,022,212)                                   - ($1,953,254) ($68,958)
Interest Rate Swaps ($32,093,441)                                   - ($32,093,441)                                   -
Credit Default Swaps $6,656,817                                   - $6,656,817                                   -
         
Total Stock Market Index Trust        
Common Stocks        
Consumer Discretionary $51,255,824 $51,252,146  - $3,678
Consumer Staples 40,813,329 40,644,655 $168,674  -
Energy 46,122,653 46,122,653  -  -
Financials 64,040,870 64,040,870  -  -
Health Care 44,828,896 44,827,658  - 1,238
Industrials 40,828,761 40,828,761  -  -
Information Technology 78,147,448 78,091,980 - 55,468
Materials 15,630,032 15,630,032  -  -
Telecommunication Services 11,573,825 11,573,825  -  -
Utilities 13,438,249 13,438,249  -  -
Corporate Bonds 2,474  - 2,474  -
Rights 27,050 24,132 2,918  -
Warrants 15  - 15  -
Securities Lending Collateral 21,504,874 21,504,874  -  -
Short-Term Investments 11,952,000  - 11,952,000  -
Total Investments in Securities $440,166,300 $427,979,835 $12,126,081 $60,384
Other Financial Instruments:        
Futures $98,317 $98,317                                  -                                   -
         
Utilities Trust        
Common Stocks        
Consumer Discretionary $23,471,254 $21,885,298 $1,585,956                                   -
Energy 26,168,537 26,168,537  -                                   -
Financials 3,660,283 3,660,283  -                                   -
Telecommunication Services 30,889,071 13,926,810 16,962,261                                   -
Utilities 92,107,381 65,427,403 26,679,978                                   -
Preferred Securities                                         -
Utilities 10,343,018 10,343,018  -                                   -
Corporate Bonds 2,932,960  - 2,932,960                                   -
Convertible Bonds        
Consumer Discretionary 1,530,135  - 1,530,135                                   -
Telecommunication Services 1,434,394  - 1,434,394                                   -
Securities Lending Collateral 18,421,918 18,421,918  -                                   -
Short-Term Investments 4,117,000  - 4,117,000                                   -
Total Investments in Securities $215,075,951 $159,833,267 $55,242,684                                   -
Other Financial Instruments:        
Forward Foreign Currency Contracts ($803,377)                                   - ($803,377)                                   -
         
Value Trust        
Common Stocks        
Consumer Discretionary $60,928,849 $60,928,849 -                                   -
Consumer Staples 28,797,385 28,797,385  -                                   -
Energy 30,827,606 30,827,606  -                                   -
Financials 90,636,344 90,636,344  -                                   -
Health Care 31,457,495 31,457,495  -                                   -
Industrials 41,378,644 41,378,644  -                                   -
Information Technology 64,064,070 64,064,070  -                                   -
Materials 32,393,415 32,393,415  -                                   -
Telecommunication Services 18,860,159 18,860,159  -                                   -
Utilities 28,650,786 28,650,786  -                                   -
Preferred Securities        
Financials 4,469,901 4,469,901  -                                   -
Health Care 2,702,391  - $2,702,391                                   -
Convertible Bonds                                         -
Health Care 5,581,114  - 5,581,114                                   -
Short-Term Investments 28,633,992 28,633,992  -                                   -
Total Investments in Securities $469,382,151 $461,098,646 $8,283,505                                   -

 

The following is a reconciliation of Level 3 assets for which significant unobservable inputs were used to determine fair value. Transfers into or out of Level 3 represent the beginning value of any security or instrument where a change in the level has occurred from the beginning to the end of the period and in all cases were transferred into or out of Level 2. Securities were transferred into Level 3 because a lack of observable market data which resulted from an absence of market activity for these securities. In addition, securities were transferred from Level 3 since observable market data became available due to the increased market activity of these securities.

 

Bond Trust      
  U.S. Government & Agency Obligations  Collateralized Mortgage Obligations Total
Balance as of 12-31-11                              -                          -                                 -
Realized gain (loss)                              - ($9,567) ($9,567)
Changed in unrealized appreciation (depreciation)                              - (348,319) (348,319)
Purchases $11,282,813 94,924,713 106,207,526
Sales                              - (98,121) (98,121)
Transfers into Level 3                              -                                   -
Transfers out of Level 3                              -                                   -
Balance as of 9-30-12 $11,282,813 94,468,706 $105,751,519
Change in unrealized at period end*                            - ($348,319) ($348,319)

 

Bond PS Series      
   U.S. Government & Agency Obligations  Collateralized Mortgage Obligations  Total
Balance as of 12-31-11                              -                          -                                 -
Realized gain (loss)                              - ($233) ($233)
Change in unrealized appreciation (depreciation)                              - (8,476) (8,476)
Purchases $389,063 2,497,744 2,886,807
Sales                              - (2,388) (2,388)
Transfers into Level 3                              -                          -                                 -
Transfers out of Level 3                              -                          -                                 -
Balance as of 9-30-12 $389,063 $2,486,647 $2,875,710
Change in unrealized at period end*                              - ($8,476) ($8,476)

 

Financial Services Trust  
  Financials
Balance as of 12-31-11 $15,244,783
Realized gain (loss)                              -
Changed in unrealized appreciation (depreciation) (4,117,906)
Purchases                              -
Sales (8,486,790)
Transfers into Level 3                              -
Transfers out of Level 3                              -
Balance as of 9-30-12 $2,640,087
Change in unrealized at period end* $362,104

 

High Yield Trust              
   Foreign Government Obligations  Corporate Bonds  Convertible Bonds  Common Stocks  Preferred Securities  Escrow Certificates  Total
Balance as of 12-31-11 $94,285 $1,044,275 $787,140 $2,866,438 $37,980 $44,063 $4,874,181
Realized gain (loss)                              - - -                     - (186,735)                        - (186,735)
Change in unrealized appreciation (depreciation)                              - 57,332 226,259 109,642 173,020 (44,063) 522,190
Purchases                              - 1,238,236 - 198,095 -                        - 1,436,331
Sales                              - (618,432) (1,013,399)                     - (24,265)                        - (1,656,096)
Transfers into Level 3                              - - -                     - -                        -                     -
Transfers out of Level 3 (94,285) (458,375) -                     - -                        - (552,660)
Balance as of 9-30-12                              - $1,263,036 - $3,174,175 -                        - $4,437,211
Change in unrealized at period end*                              - $24,799 - $109,642 - ($44,063) $90,378

 

Science & Technology Trust  
   Information Technology
Balance as of 12-31-11 $4,749,134
Realized gain (loss)                              -
Change in unrealized appreciation (depreciation) (367,776)
Purchases 957,825
Sales                              -
Transfers into Level 3                              -
Transfers out of Level 3 (1,857,301)
Balance as of 9-30-12 $3,481,882
Change in unrealized at period end*                              -

 

Strategic Income Opportunities Trust                
   Corporate Bonds  Capital Preferred Securities  Collateralized Mortgage Obligations  Asset Backed Securities  Common Stocks  Preferred Securities  Escrow Certificates  Total
Balance as of 12-31-11 $4,500,633 $241,500 $2,908,333 $269,925 $22,887 $366,390 $14,150 $8,323,818
Realized gain (loss) (87,171) (9,199) - (29) - - - (96,399)
Change in unrealized appreciation (depreciation) 934,133 7,699 44,332 22,904 (9,055) 19,264 884 1,020,161
Purchases - - 1,071 - - - - 1,071
Sales (1,398,952) (240,000) (55,601) (292,800) - - - (1,987,353)
Transfers into Level 3 - - 184,494 - - - - 184,494
Transfers out of Level 3 - - (2,801,482) - - - - (2,801,482)
Balance as of 9-30-12 $3,948,643 - $281,147 - $13,832 $385,654 $15,034 $4,644,310
Change in unrealized at period end* $808,702 - $44,333 - ($9,055) $19,264 $884 $864,128

 

*Change in unrealized appreciation (depreciation) attributable to Level 3 securities held at the period end.

 

Repurchase agreements. The Portfolios may enter into repurchase agreements. When a Portfolio enters into a repurchase agreement, it receives collateral which is held in a segregated account by the Portfolio’s custodian. The collateral amount is marked-to-market and monitored on a daily basis to ensure that the collateral held is in an amount not less than the principal amount of the repurchase agreement plus any accrued interest. In the event of a default by the counterparty, realization of the collateral proceeds could be delayed, during which time the collateral value may decline. Collateral for certain tri-party repurchase agreements is held at a third-party custodian bank in a segregated account for the benefit of the Portfolios.

 

When-issued/delayed delivery securities. The Portfolios may purchase or sell debt securities on a when-issued or delayed-delivery basis, or in a “To Be Announced” (TBA) or “forward commitment” transaction, with delivery or payment to occur at a later date beyond the normal settlement period. TBA securities resulting from these transactions are included in the Portfolio of Investments or in a schedule to the Portfolio of Investments (Sale Commitments Outstanding). At the time that a Portfolio enters into a commitment to purchase or sell a security, the transaction is recorded and the value of the security is reflected in the Portfolio’s net asset value. The price of such security and the date that the security will be delivered and paid for are fixed at the time the transaction is negotiated. The value of the security may vary with market fluctuations. No interest accrues to the Portfolio until payment takes place. At the time that the Portfolio enters into this type of transaction, the Portfolio is required to have sufficient cash and/or liquid securities to cover its commitments.

 

Certain risks may arise upon entering into when-issued or delayed-delivery securities transactions, including the potential inability of counterparties to meet the terms of their contracts, and the issuer’s failure to issue the securities due to political, economic or other factors. Additionally, losses may arise due to declines in the value of the securities prior to settlement date.

 

Term loans (Floating rate loans). Certain Portfolios may invest in term loans, which often include debt securities that are rated below investment grade at the time of purchase. Term loans are generally subject to legal or contractual restrictions on resale. The liquidity of term loans, including the volume and frequency of secondary market trading in such loans, varies significantly over time and among individual loans. During periods of infrequent trading, valuing a term loan can be more difficult and buying and selling a term loan at an acceptable price can be more difficult and delayed, which could result in a loss.

 

A Portfolio’s ability to receive payments of principal, interest and other amounts in connection with term loans will depend primarily on the financial condition of the borrower. A Portfolio’s failure to receive scheduled payments on a term loan due to a default, bankruptcy or other reason, would adversely affect the Portfolio’s income and would likely reduce the value of its assets. Because many term loans are not rated by independent credit rating agencies, a decision to invest in a particular loan could depend exclusively on the subadviser’s credit analysis of the borrower and/or term loan agents. A Portfolio may have limited rights to enforce the terms of an underlying loan. At September 30, 2012, the High Yield Trust and Mutual Shares Trust had $248,789 and $570,804 in unfunded loan commitments outstanding, respectively.

 

Inflation indexed bonds. Inflation-indexed bonds are securities that generally have a lower coupon interest rate fixed at issuance but whose principal value is periodically adjusted to a rate of inflation, such as the Consumer Price Index. Over the life of an inflation-indexed bond, interest is paid on the inflation adjusted principal value as described above. Increases in the principal amount of these securities are recorded as interest income. Decreases in the principal amount of these securities may reduce interest income to the extent of income previously recorded. Excess amounts are recorded as an adjustment to cost.

 

Payment-in-kind bonds. The Portfolios may invest in payment-in-kind bonds (PIK Bonds). PIK Bonds allow the issuer, at its option, to make current interest payments on the bonds either in cash or in additional bonds. The market prices of PIK Bonds are affected to a greater extent by interest rate changes and thereby tend to be more volatile than securities which pay cash interest periodically. The Portfolios accrue income on these securities and this income is required to be distributed to shareholders. Because no cash is received at the time income accrues on these securities, the Portfolios may need to sell other investments to make distributions.

 

Real estate investment trusts. The Portfolios may invest in real estate investment trusts (REITs) and, as a result, will estimate the components of distributions from these securities. Such estimates are revised when actual components of distributions are known. Distributions from REITs received in excess of income may be recorded as a reduction of cost of investments and/or as a realized gain.

 

Stripped securities. Stripped mortgage-backed securities are financial instruments structured to separate principal and interest cash flows so that one class receives only principal payments from the underlying mortgage assets (PO or principal only), while the other class receives the interest cash flows (IO or interest only). Both PO and IO investments represent an interest in the cash flows of an underlying stripped security. If the underlying mortgage assets experience greater than anticipated prepayments of principal, the Portfolios may fail to fully recover its initial investment in an IO security. The market value of these securities can be extremely volatile in response to changes in interest rates. In addition, these securities present additional credit risk such that the Portfolios may not receive all or part of its principal or interest payments because the borrower or issuer has defaulted on its obligation.

 

Cost of investment securities for federal income tax purposes. The costs of investments owned on September 30, 2012, including short-term investments, for federal income tax purposes, were as follows:

 

Portfolio Aggregate Cost Unrealized Appreciation Unrealized (Depreciation) Net Unrealized Appreciation/ (Depreciation)
500 Index Trust $1,135,159,310 $413,990,639 ($33,884,264) $380,106,375
500 Index Trust B 818,128,214 210,070,925 (85,995,719) 124,075,206
Active Bond Trust 1,255,651,814 89,749,725 (36,352,540) 53,397,185
All Cap Core Trust 350,510,930 38,409,506 (3,410,698) 34,998,808
All Cap Value Trust 515,246,566 47,236,056 (9,029,014) 38,207,042
Alpha Opportunities Trust 980,078,569 57,244,131 (23,651,324) 33,592,807
American Asset Allocation Trust 1,272,350,455 395,497,687                              - 395,497,687
American Blue Chip Income and Growth Trust 225,683,850 43,264,312                              - 43,264,312
American Global Growth Trust 181,299,048                                -  (9,589,347) (9,589,347)
American Global Small Capitalization Trust 102,340,500                                -  (12,520,761) (12,520,761)
American Growth Trust 1,032,055,247 97,826,411                              -  97,826,411
American Growth-Income Trust 937,964,194 127,413,370                              -  127,413,370
American High-Income Bond Trust 104,254,613 420,053                              -  420,053
American International Trust 769,289,944                                -  (67,293,688) (67,293,688)
American New World Trust 83,524,755                                -  (7,290,542) (7,290,542)
Blue Chip Growth Trust 1,292,134,299 589,705,093 (17,119,917) 572,585,176
Bond Trust 7,751,562,935 226,940,300 (49,133,375) 177,806,925
Bond PS Series 211,963,311 4,423,626 (468,080) 3,955,546
Capital Appreciation Trust 864,546,505 275,149,290 (11,523,437) 263,625,853
Capital Appreciation Value Trust 312,529,341 35,530,296 (2,264,082) 33,266,214
Core Allocation Plus Trust 179,997,674 12,184,338 (4,015,234) 8,169,104
Core Bond Trust 1,907,717,844 44,815,568 (1,384,433) 43,431,135
Core Fundamental Holdings Trust 315,787,119 18,552,556                              -  18,552,556
Core Global Diversification Trust 318,234,947 9,019,908 (5,182,163) 3,837,745
Core Strategy Trust 748,678,270                                -  (9,161,171) (9,161,171)
Disciplined Diversification Trust 207,463,531 52,022,781 (13,121,790) 38,900,991
Emerging Markets Value Trust 1,168,751,739 171,598,897 (171,941,378) (342,481)
Equity Income Trust 1,879,975,894 431,367,500 (85,572,468) 345,795,032
Financial Services Trust 141,512,066 20,930,827 (15,390,984) 5,539,843
Franklin Templeton Founding Allocation Trust 1,278,378,486 (19,521,486) (13,404,887) (32,926,373)
Fundamental All Cap Core Trust 1,267,652,883 142,660,457 (92,885,606) 49,774,851
Fundamental Holdings Trust 883,804,951 192,465,711                              -  192,465,711
Fundamental Large Cap Value Trust 486,676,985 48,600,692 (11,969,124) 36,631,568
Fundamental Value Trust 1,332,293,258 333,051,452 (63,808,614) 269,242,838
Global Trust 677,131,509 71,785,078 (132,524,525) (60,739,447)
Global Bond Trust 1,182,866,127 34,920,293 (19,616,105) 15,304,188
Global Diversification Trust 692,225,529 74,183,175                              -  74,183,175
Growth Equity 400,278,177 82,070,292 (2,062,038) 80,008,254
Health Sciences Trust 150,741,633 57,906,090 (8,752,628) 49,153,462
Heritage Trust 128,273,779 27,286,199 (1,816,823) 25,469,376
High Yield Trust 270,590,740 14,333,665 (20,296,493) (5,962,828)
Income Trust 416,332,350 50,881,861 (53,156,169) (2,274,308)
International Core Trust 808,007,518 58,101,590 (84,758,038) (26,656,448)
International Equity Index Trust A 282,393,182 60,515,312 (26,865,928) 33,649,384
International Equity Index Trust B 300,223,477 65,123,404 (39,795,531) 25,327,873
International Growth Stock Trust 276,509,141 25,504,712 (9,991,655) 15,513,057
International Index Trust 61,832,589                                -  (3,305,176) (3,305,176)
International Opportunities Trust 177,314,793 13,559,306 (1,804,329) 11,754,977
International Small Company Trust 111,020,928 15,942,351 (28,457,454) (12,515,103)
International Value Trust 1,124,812,173 79,850,816 (177,365,115) (97,514,299)
Investment Quality Bond Trust 384,758,951 28,401,443 (630,538) 27,770,905
Lifestyle Aggressive Trust 413,569,253 21,414,721 (11,069,886) 10,344,835
Lifestyle Balanced Trust 11,030,750,357 1,050,164,944 (9,052,936) 1,041,112,008
Lifestyle Balanced PS Series 150,411,955 8,996,433 (253,899) 8,742,534
Lifestyle Conservative Trust 2,723,107,950 170,328,547 (588,324) 169,740,223
Lifestyle Conservative PS Series 52,026,995 2,510,744 (5,400) 2,505,344
Lifestyle Growth Trust 13,303,962,858 1,132,319,475 (111,103,546) 1,021,215,929
Lifestyle Growth PS Series 153,560,398 11,653,793 (432,050) 11,221,743
Lifestyle Moderate Trust 3,318,478,857 291,511,315                              -  291,511,315
Lifestyle Moderate PS Series 73,049,582 4,279,270 (7,660) 4,271,610
Mid Cap Index Trust 535,364,502 185,205,732 (21,984,222) 163,221,510
Mid Cap Stock Trust 827,708,343 104,076,562 (14,298,228) 89,778,334
Mid Cap Value Equity Trust 134,377,954 20,177,050 (2,727,985) 17,449,065
Mid Value Trust 805,953,192 110,203,951 (28,620,622) 81,583,329
Mutual Shares Trust 589,444,691 94,132,568 (39,572,387) 54,560,181
Natural Resources Trust 208,484,559 12,183,611 (17,700,117) (5,516,506)
New Income Trust 2,817,820,177 139,016,463 (3,771,891) 135,244,572
Real Estate Securities Trust 378,395,781 37,106,082 (2,155,661) 34,950,421
Real Return Bond Trust 236,308,875 1,802,553 (681,590) 1,120,963
Science & Technology Trust 404,488,037 32,900,333 (38,153,726) (5,253,393)
Short Term Government Income Trust 548,723,441 9,637,014 (1,816,495) 7,820,519
Small Cap Growth Trust 488,513,386 43,628,323 (10,593,840) 33,034,483
Small Cap Index Trust 326,596,753 81,466,212 (18,190,551) 63,275,661
Small Cap Opportunities Trust 153,989,600 36,218,020 (8,525,764) 27,692,256
Small Cap Value Trust 572,063,810 142,700,865 (10,233,737) 132,467,128
Small Company Growth Trust 104,028,431 23,316,621 (2,603,600) 20,713,021
Small Company Value Trust 353,856,253 100,070,864 (24,919,069) 75,151,795
Smaller Company Growth Trust 231,058,832 36,274,885 (8,397,139) 27,877,746
Strategic Allocation Trust 73,990,853 26,215 (587,403) (561,188)
Strategic Equity Allocation Trust 8,091,194,806 525,650,567 (237,458,884) 288,191,683
Strategic Income Opportunities Trust 426,703,039 39,874,320 (11,438,312) 28,436,008
Total Bond Market Trust A 424,107,504 29,348,708 (297,770) 29,050,938
Total Bond Market Trust B 149,916,368 14,718,260 (356,887) 14,361,373
Total Return Trust 4,294,556,388 173,418,510 (15,431,156) 157,987,354
Total Stock Market Index Trust 356,643,878 123,867,240 (40,344,818) 83,522,422
Ultra Short Term Bond Trust 120,760,503 332,615 (970,827) (638,212)
U.S. Equity Trust 826,227,914 167,687,700 (6,263,783) 161,423,917
Utilities Trust 195,150,453 28,001,407 (8,075,909) 19,925,498
Value Trust 424,879,900 59,737,015 (15,234,764) 44,502,251

 

Futures. A futures contract is a contractual agreement to buy or sell a particular currency or financial instrument at a pre-determined price in the future. Risks related to the use of futures contracts include possible illiquidity of the futures markets and contract prices that can be highly volatile and imperfectly correlated to movements in hedged security values and/or interest rates.

 

The following table summarizes the contracts held at September 30, 2012 and details how the Portfolios used futures contracts during the period ended September 30, 2012.

 

 

 

 

500 Index Trust          
The Portfolio used futures contracts as a substitute for securities purchased.
             
Portfolio Open Contracts  Number of Contracts Position Expiration Date Aggregate Settlement Value Unrealized Appreciation (Depreciation)
500 Index Trust S&P 500 Index Futures 61 Long Dec 2012 $21,871,550 $160,536
            $160,536
             
500 Index Trust B          
The Portfolio used futures contracts as a substitute for securities purchased.
             
Portfolio Open Contracts  Number of Contracts Position Expiration Date Aggregate Settlement Value Unrealized Appreciation (Depreciation)
500 Index Trust B S&P 500 Index Futures 48 Long Dec 2012 $17,210,400 $177,393
            $177,393
             
All Cap Core Trust          
The Portfolio used futures contracts to maintain diversity and liquidity of the Portfolio and as a substitute for securities purchased.
             
Portfolio Open Contracts  Number of Contracts Position Expiration Date Aggregate Settlement Value Unrealized Appreciation (Depreciation)
All Cap Core Trust Russell 2000 Mini Index Futures 5 Long Dec 2012 $417,200 ($10,636)
  S&P 500 E-Mini Index Futures 38 Long Dec 2012 2,724,980 (38,081)
            ($48,717)
             
Core Allocation Plus Trust          
The Portfolio used futures contracts to manage against anticipated changes in securities markets, manage duration of the Portfolio, manage against anticipated interest rate changes and as a substitute for securities purchased.
             
Portfolio Open Contracts  Number of Contracts Position Expiration Date Aggregate Settlement Value Unrealized Appreciation (Depreciation)
Core Allocation Plus Trust Euro Stoxx 50 Index Futures 110 Long Dec 2012 $3,470,277 ($132,068)
  MSCI EAFE Mini Index Futures 125 Long Dec 2012 9,363,750 (383,042)
  S&P 500 E-Mini Index Futures 10 Long Dec 2012 717,100 (12,416)
  U.S. Treasury 5-Year Note Futures 54 Long Dec 2012 6,730,172 24,355
  U.S. Treasury 10-Year Bond Futures 6 Long Dec 2012 800,906 1,781
  U.S. Treasury 30-Year Bond Futures 12 Long Dec 2012 1,792,500 (1,495)
  U.S. Treasury 5-Year Note Futures 26 Short Dec 2012 (3,240,453) (2,488)
  U.S. Treasury 10-Year Bond Futures 8 Short Dec 2012 (1,067,875) (1,607)
  Ultra Long U.S. Treasury Bond Futures 17 Short Dec 2012 (2,808,719) 8,138
            ($498,842)
             
Global Bond Trust            
The Portfolio used futures contracts to manage duration, manage against anticipated interest rate changes, maintain diversity and liquidity of the Portfolio and as a substitute for securities purchased.
             
Portfolio Open Contracts  Number of Contracts Position Expiration Date Aggregate Settlement Value Unrealized Appreciation (Depreciation)
Global Bond Trust 10-Year Japan Government Bond Futures 37 Long Dec 2012 $68,362,763 $127,971
  Euro BTP Italian Government Bond Futures 17 Long Dec 2012 2,302,553 131,391
  German Euro BOBL Futures 211 Long Dec 2012 34,080,277 (62,257)
  German Euro BUND Futures 592 Long Dec 2012 107,851,448 1,414,486
  U.S. Treasury 5-Year Note Futures 551 Long Dec 2012 68,672,680 250,281
  U.S. Treasury 10-Year Bond Futures 370 Long Dec 2012 49,389,219 230,117
  3-Year Australian Treasury Bond Futures 594 Short Dec 2012 (68,093,554) (356,725)
  10-Year Canada Government Bond Futures 120 Short Dec 2012 (16,756,790) (147,203)
  U.K. Long Gilt Bond Futures 50 Short Dec 2012 (9,738,855) (7,327)
  U.S. Treasury 30-Year Bond Futures 45 Short Dec 2012 (6,721,875) (44,349)
            $1,536,385
             
International Core Trust          
The Portfolio used futures contracts as a substitute for securities purchased.
             
Portfolio Open Contracts  Number of Contracts Position Expiration Date Aggregate Settlement Value Unrealized Appreciation (Depreciation)
International Core Trust DAX Index Futures 14 Long Dec 2012 $3,255,641 ($43,665)
  FTSE 100 Index Futures 23 Long Dec 2012 2,124,059 (39,426)
  FTSE MIB Index Futures 76 Long Dec 2012 7,346,270 (680,247)
  SGX MSCI Singapore Index Futures 61 Long Oct 2012 3,499,348 (9,676)
  TOPIX Index Futures 68 Long Dec 2012 6,397,187 58,567
  ASX SPI 200 Index Futures 43 Short Dec 2012 (4,888,589) 28,349
  Euro Stoxx 50 Index Futures 117 Short Dec 2012 (3,691,112) 144,459
  IBEX 35 Index Futures 5 Short Oct 2012 (493,639) 23,861
  S&P TSE 60 Index Futures 125 Short Dec 2012 (17,818,635) 329,054
            ($188,724)
             
International Equity Index Trust A          
The Portfolio used futures contracts as a substitute for securities purchased.
             
Portfolio Open Contracts  Number of Contracts Position Expiration Date Aggregate Settlement Value Unrealized Appreciation (Depreciation)
International Equity Index Trust A MSCI EAFE Mini Index Futures 102 Long Dec 2012 $7,640,820 ($211,919)
  MSCI Emerging Market Mini Futures 26 Long Dec 2012             1,292,200                                  2,983
  MSCI Taiwan Index Futures 48 Long Oct 2012             1,321,920                      (6,758)
            ($215,694)
             
International Equity Index Trust B          
The Portfolio used futures contracts as a substitute for securities purchased.
             
Portfolio Open Contracts  Number of Contracts Position Expiration Date Aggregate Settlement Value Unrealized Appreciation (Depreciation)
International Equity Index Trust B MSCI EAFE Mini Index Futures 107 Long Dec 2012 $8,015,370 ($222,255)
  MSCI Emerging Market Mini Futures 24 Long Dec 2012 1,192,800 2,753
  MSCI Taiwan Index Futures 55 Long Oct 2012 1,514,700 (7,726)
            ($227,228)
             
International Index Trust          
The Portfolio used futures contracts as a substitute for securities purchased.
             
Portfolio Open Contracts  Number of Contracts Position Expiration Date Aggregate Settlement Value Unrealized Appreciation (Depreciation)
International Index Trust MSCI EAFE Mini Index Futures 26 Long Dec 2012 $1,947,660 ($26,969)
            ($26,969)
             
Investment Quality Bond Trust          
The Portfolio used futures contracts to manage duration, manage against anticipated interest rate changes and as a substitute for securities purchased.
             
Portfolio Open Contracts  Number of Contracts Position Expiration Date Aggregate Settlement Value Unrealized Appreciation (Depreciation)
Investment Quality Bond Trust U.S. Treasury 2-Year Note Futures 105 Long Dec 2012 $23,155,781 $8,088
  U.S. Treasury 5-Year Note Futures 120 Long Dec 2012 14,955,938 56,161
  U.S. Treasury 10-Year Bond Futures 14 Long Dec 2012 1,868,781 (679)
  U.S. Treasury 30-Year Bond Futures 5 Long Dec 2012 746,875 (1,094)
            $62,476
             
Mid Cap Index Trust          
The Portfolio used futures contracts as a substitute for securities purchased.
             
Portfolio Open Contracts  Number of Contracts Position Expiration Date Aggregate Settlement Value Unrealized Appreciation (Depreciation)
Mid Cap Index Trust S&P MidCap 400 E-Mini Index Futures 92 Long Dec 2012 $9,075,800 ($72,926)
            ($72,926)
             
New Income Trust          
The Portfolio used futures contracts to manage duration and manage against anticipated interest rate changes.  
             
Portfolio Open Contracts  Number of Contracts Position Expiration Date Aggregate Settlement Value Unrealized Appreciation (Depreciation)
New Income Trust U.S. Treasury 5-Year Note Futures 113 Long Dec 2012 $14,083,508 $58,697
  Ultra Long U.S. Treasury Bond Futures 79 Long Dec 2012 13,052,281 (78,082)
  U.S. Treasury 10-Year Bond Futures 972 Short Dec 2012 (129,746,812) (779,800)
            ($799,185)
             
Real Return Bond Trust          
The Portfolio used futures contracts to manage duration, manage against anticipated interest rate changes, maintain diversity and liquidity of the Portfolio and as a substitute for securities purchased.
             
Portfolio Open Contracts  Number of Contracts Position Expiration Date Aggregate Settlement Value Unrealized Appreciation (Depreciation)
Real Return Bond Trust Eurodollar Futures 17 Long Sep 2015 $4,217,275 $4,387
  Eurodollar Futures 21 Long Mar 2016 5,196,450 6,429
  U.S. Treasury 10-Year Bond Futures 3 Long Dec 2012 400,453 2,270
            $13,086
             
Short Term Government Income Trust          
The Portfolio used futures contracts to manage duration.
             
Portfolio Open Contracts  Number of Contracts Position Expiration Date Aggregate Settlement Value Unrealized Appreciation (Depreciation)
Short Term Government Income Trust U.S. Treasury 5-Year Note Futures 175 Short Dec 2012 ($21,810,742) ($90,730)
            ($90,730)
             
Small Cap Index Trust          
The Portfolio used futures contracts as a substitute for securities purchased.
             
Portfolio Open Contracts  Number of Contracts Position Expiration Date Aggregate Settlement Value Unrealized Appreciation (Depreciation)
Small Cap Index Trust Russell 2000 Mini Index Futures 34 Long Dec 2012 $2,836,960 ($10,002)
            ($10,002)
             
Smaller Company Growth Trust          
The Portfolio used futures contracts as a substitute for securities purchased.
             
Portfolio Open Contracts  Number of Contracts Position Expiration Date Aggregate Settlement Value Unrealized Appreciation (Depreciation)
Smaller Company Growth Trust Russell 2000 Mini Index Futures 13 Long Dec 2012 $1,084,720 $1,443
            $1,443
             
Strategic Allocation Trust          
The Portfolio used futures contracts to manage duration, manage against anticipated interest rate changes, maintain diversity and liquidity of the Portfolio and as a substitute for securities purchased.
             
Portfolio Open Contracts  Number of Contracts Position Expiration Date Aggregate Settlement Value Unrealized Appreciation (Depreciation)
Strategic Allocation Trust Euro Stoxx 50 Index Futures 221 Long Dec 2012 $6,972,101 ($247,607)
  FTSE 100 Index Futures 90 Long Dec 2012 8,311,534 (151,340)
  Russell 2000 Mini Index Futures 51 Long Dec 2012 4,255,440 (108,485)
  S&P 500 E-Mini Index Futures 825 Long Dec 2012 59,160,750 (787,616)
  S&P MidCap 400 E-Mini Index Futures 63 Long Dec 2012 6,214,950 (167,439)
  TOPIX Index Futures 79 Long Dec 2012 7,432,026; 91,829
            ($1,370,658)
             
Strategic Equity Allocation Trust          
The Portfolio used futures contracts as a substitute for securities purchased.
             
Portfolio Open Contracts  Number of Contracts Position Expiration Date Aggregate Settlement Value Unrealized Appreciation (Depreciation)
Strategic Equity Allocation Trust MSCI EAFE Mini Index Futures 378 Long Dec 2012 $28,315,980 ($454,312)
  Russell 2000 Mini Index Futures 61 Long Dec 2012 5,089,840 (9,973)
  S&P 500 Index Futures 121 Long Dec 2012 43,384,550 (92,497)
  S&P MidCap 400 E-Mini Index Futures 143 Long Dec 2012 14,106,950 (125,749)
            ($682,531)
             
Strategic Income Opportunities Trust          
The Portfolio used futures contracts to manage duration.          
             
Portfolio Open Contracts  Number of Contracts Position Expiration Date Aggregate Settlement Value Unrealized Appreciation (Depreciation)
Strategic Income Opportunities Trust U.S. Treasury 10-Year Bond Futures 180 Short Dec 2012 ($24,027,188) ($214,215)
  U.S. Treasury 30-Year Bond Futures 208 Short Dec 2012 (31,070,000) (479,344)
            ($693,559)
             
Total Return Trust          
The Portfolio used futures contracts to manage duration, manage against anticipated interest rate changes, maintain diversity and liquidity of the Portfolio and as a substitute for securities purchased.
             
Portfolio Open Contracts  Number of Contracts Position Expiration Date Aggregate Settlement Value Unrealized Appreciation (Depreciation)
Total Return Trust EURIBOR Futures 49 Long Dec 2014 $15,650,556 $13,380
  EURIBOR Futures 1 Long Mar 2015 319,142 289
  Eurodollar Futures 121 Long Dec 2014 30,085,137  11,713
  Eurodollar Futures 880 Long Mar 2015 218,680,000    764,224
  Eurodollar Futures 1,583 Long Jun 2015 393,078,688    689,311
  Eurodollar Futures 87 Long Sep 2015 21,582,525 131,464
  U.S. Treasury 10-Year Bond Futures 2,605 Long Dec 2012   347,726,797  1,732,065
  German Euro BUND Futures 52 Short Dec 2012 (9,473,438)    (64,688)
            $3,277,758
             
Total Stock Market Index Trust          
The Portfolio used futures contracts as a substitute for securities purchased.
             
Portfolio Open Contracts  Number of Contracts Position Expiration Date Aggregate Settlement Value Unrealized Appreciation (Depreciation)
Total Stock Market Index Trust Russell 2000 Mini Index Futures 17 Long Dec 2012 $1,418,480 $1,887
  S&P 500 Index Futures 30 Long Dec 2012 10,756,500 105,714
  S&P MidCap 400 E-Mini Index Futures 11 Long Dec 2012 1,085,150 (9,284)
            $98,317

 

Forward foreign currency contracts. A forward foreign currency contract is an agreement between two parties to buy and sell a specific currency at a price that is set on the date of the contract. The forward contract calls for delivery of the currency on a future date that is specified in the contract. Risks related to the use of forwards include the possible failure of counterparties to meet the terms of the forward agreement, the failure of the counterparties to timely post collateral and the risk that currency movements will not occur thereby reducing the Portfolio’s total return.

 

The market value of a forward foreign currency contract fluctuates with changes in foreign currency exchange rates. Forward foreign currency contracts are marked-to-market daily and the change in value is recorded by the Portfolio as an unrealized gain or loss. Realized gains or losses, equal to the difference between the value of the contract at the time it was opened and the value at the time it was closed, are recorded upon delivery or receipt of the currency or settlement with the counterparty.

 

The following table summarizes the contracts held at September 30, 2012 and details how the Portfolios used forward foreign currency contracts during the period ended September 30, 2012.

 

Core Allocation Plus Trust          
The Portfolio used forward foreign currency contracts to manage against anticipated currency exchange rate changes and gain exposure to foreign currencies.
Portfolio Currency  Principal Amount Covered by Contract   Principal Amount Covered by Contract (USD)  Counterparty Settlement Date  Unrealized Appreciation (Depreciation)
Core Allocation Plus Trust Buys          
  Brazilian Real 293,000 $144,292 Goldman Sachs International 10/2/2012 $238
  Brazilian Real 105,000 51,890 Standard Chartered Bank 10/2/2012 (96)
  Brazilian Real 188,000 92,597 UBS AG 10/2/2012 139
  Euro 165,000 214,060 Goldman Sachs International 10/31/2012 (1,966)
  Euro 2,828,000 3,690,979 Commonwealth Bank of Australia 12/21/2012 (53,781)
      $4,193,818     ($55,466)
             
  Sells          
  Brazilian Real 293,000 $142,413 Goldman Sachs International 10/2/2012 ($2,118)
  Brazilian Real 105,000 51,709 Standard Chartered Bank 10/2/2012 (85)
  Brazilian Real 188,000 92,583 UBS AG 10/2/2012 (153)
  Brazilian Real 188,000 92,175 UBS AG 11/5/2012 (165)
  Euro 165,000 213,628 UBS AG 10/31/2012 1,535
  Mexican Peso 850,000 65,622 Royal Bank of Canada 12/19/2012 83
  Mexican Peso 850,000 65,503 UBS AG 12/19/2012 (35)
      $723,633     ($938)
             
Global Bond Trust          
The Portfolio used forward foreign currency contracts to manage against anticipated currency exchange rate changes, gain exposure to foreign currency and maintain diversity and liquidity of the Portfolio.
             
Portfolio Currency  Principal Amount Covered by Contract   Principal Amount Covered by Contract (USD)  Counterparty Settlement Date  Unrealized Appreciation (Depreciation)
Global Bond Trust Buys          
  Australian Dollar 117,000 $121,902 BNP Paribas SA 10/11/2012 ($624)
  Australian Dollar 1,046,000 1,095,664 Royal Bank of Canada 10/11/2012 (11,421)
  Australian Dollar 141,000 146,135 UBS AG 10/11/2012 20
  Australian Dollar 429,000 446,804 Westpac Banking Corp. 11/1/2012 (2,948)
  Brazilian Real 352,854 172,040 UBS AG 10/2/2012 2,016
  Canadian Dollar 9,977,000 10,206,075 Barclays Bank PLC 12/20/2012 (75,417)
  Canadian Dollar 794,000 812,268 BNP Paribas SA 12/20/2012 (6,039)
  Canadian Dollar 2,790,000 2,870,917 Citibank N.A. 12/20/2012 (37,947)
  Canadian Dollar 2,395,000 2,454,988 Deutsche Bank AG 12/20/2012 (23,102)
  Canadian Dollar 2,469,000 2,538,246 HSBC Bank USA 12/20/2012 (31,220)
  Canadian Dollar 2,790,000 2,873,326 JPMorgan Chase Bank 12/20/2012 (40,357)
  Canadian Dollar 2,285,000 2,341,201 Royal Bank of Canada 12/20/2012 (21,009)
  Chinese Yuan Renminbi 16,666,000 2,628,292 HSBC Bank USA 10/15/2012 22,391
  Chinese Yuan Renminbi 20,000,000 3,192,848 Deutsche Bank AG 8/5/2013 (76,485)
  Chinese Yuan Renminbi 45,000,000 7,219,637 Goldman Sachs International 8/5/2013 (207,820)
  Chinese Yuan Renminbi 14,000,000 2,225,755 The Royal Bank of Scotland PLC 8/5/2013 (44,301)
  Chinese Yuan Renminbi 15,000,000 2,389,867 UBS AG 8/5/2013 (52,594)
  Chinese Yuan Renminbi 6,596,140 1,084,000 Barclays Capital 4/25/2014 (69,445)
  Chinese Yuan Renminbi 12,873,275 2,114,000 Citibank N.A. 4/25/2014 (133,956)
  Chinese Yuan Renminbi 4,500,510 739,000 Goldman Sachs International 4/25/2014 (46,775)
  Chinese Yuan Renminbi 4,399,455 723,000 HSBC Bank USA 4/25/2014 (46,318)
  Chinese Yuan Renminbi 7,369,915 1,210,000 JPMorgan Chase Bank 4/25/2014 (76,430)
  Chinese Yuan Renminbi 7,499,972 1,229,000 The Royal Bank of Scotland PLC 4/25/2014 (75,426)
  Chinese Yuan Renminbi 8,792,825 1,445,000 UBS AG 4/25/2014 (92,572)
  Chinese Yuan Renminbi 4,482,200 730,000 Bank of America N.A. 9/8/2015 (51,240)
  Chinese Yuan Renminbi 8,950,800 1,468,946 Barclays Capital 9/8/2015 (113,486)
  Chinese Yuan Renminbi 32,283,693 5,336,196 Citibank N.A. 9/8/2015 (447,330)
  Chinese Yuan Renminbi 6,380,000 1,055,680 JPMorgan Chase Bank 9/8/2015 (89,527)
  Chinese Yuan Renminbi 4,368,300 710,000 Morgan Stanley & Company, Inc. 9/8/2015 (48,489)
  Danish Krone 16,308,000 2,735,829 Barclays Bank PLC 11/21/2012 78,000
  Danish Krone 16,307,000 2,737,130 Deutsche Bank AG 11/21/2012 76,526
  Euro 2,934,000 3,790,182 JPMorgan Chase Bank 10/2/2012 (19,846)
  Euro 5,531,000 7,252,994 Barclays Bank PLC 12/17/2012 (139,720)
  Euro 7,316,000 9,533,939 BNP Paribas SA 12/17/2012 (125,024)
  Euro 12,444,000 16,274,169 Citibank N.A. 12/17/2012 (270,268)
  Euro 6,492,000 8,404,356 JPMorgan Chase Bank 12/17/2012 (55,165)
  Euro 1,448,000 1,871,070 The Royal Bank of Scotland PLC 12/17/2012 (8,835)
  Indian Rupee 387,483 6,672 HSBC Bank USA 10/3/2012 675
  Japanese Yen 2,881,787,000 37,025,878 Credit Suisse International 10/18/2012 (93,845)
  Japanese Yen 1,856,331,000 23,844,971 JPMorgan Chase Bank 10/18/2012 (54,844)
  Japanese Yen 6,453,189,000 83,287,911 The Royal Bank of Scotland PLC 10/18/2012 (585,966)
  Japanese Yen 2,863,306,000 36,624,533 Barclays Bank PLC 10/29/2012 74,058
  Japanese Yen 188,521,000 2,413,628 Citibank N.A. 10/29/2012 2,619
  Japanese Yen 3,778,709,000 48,445,608 Credit Suisse International 10/29/2012 (14,425)
  Japanese Yen 2,554,214,000 32,692,265 Deutsche Bank AG 10/29/2012 44,737
  Japanese Yen 2,522,781,000 32,044,104 Goldman Sachs Capital Markets LP 10/29/2012 290,026
  Japanese Yen 23,772,000 306,294 JPMorgan Chase Bank 10/29/2012 (1,611)
  Malaysian Ringgit 52,873 17,253 UBS AG 10/16/2012 28
  Mexican Peso 92,019,824 6,885,650 HSBC Bank USA 10/18/2012 252,131
  Mexican Peso 205,627 15,330 Credit Suisse International 12/3/2012 549
  Mexican Peso 8,187,906 615,817 Deutsche Bank AG 12/3/2012 16,466
  Mexican Peso 18,377,878 1,424,000 Goldman Sachs Capital Markets LP 12/3/2012 (4,831)
  Mexican Peso 54,984,087 4,158,578 HSBC Bank USA 12/3/2012 87,379
  Mexican Peso 24,013,119 1,796,540 JPMorgan Chase Bank 12/3/2012 57,790
  Mexican Peso 20,331,194 1,528,815 Morgan Stanley & Company, Inc. 12/3/2012 41,192
  Mexican Peso 107,823,420 8,198,930 UBS AG 12/3/2012 127,364
  Philippine Peso 1,904,310 43,527 Citibank N.A. 10/31/2012 2,107
  Pound Sterling 12,731,000 20,243,652 BNP Paribas SA 12/12/2012 309,902
  Pound Sterling 205,000 330,748 The Royal Bank of Scotland PLC 12/12/2012 214
  Singapore Dollar 18,857 14,984 The Royal Bank of Scotland PLC 10/22/2012 381
  South African Rand 51,729,296 6,234,433 Barclays Bank PLC 10/26/2012 (39,265)
  South African Rand 20,559,371 2,489,000 HSBC Bank USA 10/26/2012 (26,783)
  South African Rand 605,681 73,000 JPMorgan Chase Bank 10/26/2012 (463)
  Swedish Krona 13,130,000 1,967,704 Barclays Bank PLC 11/21/2012 28,230
  Swedish Krona 13,131,000 1,971,511 UBS AG 11/21/2012 24,576
      $468,881,792     ($1,823,792)
             
  Sells          
  Australian Dollar 28,372,000 $29,265,718 Bank of America N.A. 10/11/2012 ($143,610)
  Australian Dollar 508,000 520,966 Barclays Bank PLC 10/11/2012 (5,608)
  Australian Dollar 1,138,000 1,200,781 Citibank N.A. 10/11/2012 21,174
  Australian Dollar 240,000 248,336 Deutsche Bank AG 10/11/2012 (438)
  Australian Dollar 827,000 859,667 HSBC Bank USA 10/11/2012 2,430
  Australian Dollar 4,016,000 4,176,620 JPMorgan Chase Bank 10/11/2012 13,788
  Australian Dollar 3,786,000 3,942,381 UBS AG 10/11/2012 17,958
  Australian Dollar 429,000 445,994 Barclays Bank PLC 11/1/2012 2,138
  Brazilian Real 352,854 173,897 UBS AG 10/2/2012 (159)
  Brazilian Real 352,854 170,478 UBS AG 12/4/2012 (2,290)
  Canadian Dollar 153,000 155,404 Barclays Bank PLC 12/20/2012 48
  Canadian Dollar 7,383,000 7,555,137 BNP Paribas SA 12/20/2012 58,429
  Canadian Dollar 8,473,000 8,632,485 HSBC Bank USA 12/20/2012 28,990
  Canadian Dollar 4,454,000 4,559,990 JPMorgan Chase Bank 12/20/2012 37,393
  Chilean Peso 10,248,800 20,223 HSBC Bank USA 1/9/2013 (1,080)
  Chinese Yuan Renminbi 16,666,000 2,600,000 JPMorgan Chase Bank 10/15/2012 (50,683)
  Chinese Yuan Renminbi 4,560,703 723,347 Barclays Capital 2/1/2013 4,337
  Chinese Yuan Renminbi 61,840,506 9,646,000 Deutsche Bank AG 2/1/2013 (103,358)
  Chinese Yuan Renminbi 16,666,000 2,620,440 HSBC Bank USA 2/1/2013 (7,009)
  Chinese Yuan Renminbi 114,965,089 18,043,646 JPMorgan Chase Bank 2/1/2013 (80,977)
  Euro 2,934,000 3,804,880 Barclays Bank PLC 10/2/2012 34,544
  Euro 1,059,000 1,343,326 Citibank N.A. 11/20/2012 (18,207)
  Euro 1,287,000 1,618,724 Credit Suisse International 11/20/2012 (35,943)
  Euro 3,934,000 5,015,437 Deutsche Bank AG 11/20/2012 (42,419)
  Euro 1,588,000 2,001,364 UBS AG 11/20/2012 (40,292)
  Euro 13,449,000 17,016,616 Barclays Bank PLC 12/17/2012 (279,789)
  Euro 7,000,000 9,011,156 BNP Paribas SA 12/17/2012 8,640
  Euro 51,964,000 66,409,644 HSBC Bank USA 12/17/2012 (419,889)
  Euro 9,690,000 12,592,665 JPMorgan Chase Bank 12/17/2012 130,611
  Euro 15,097,000 19,335,299 The Royal Bank of Scotland PLC 12/17/2012 (80,555)
  Euro 5,560,000 7,154,883 UBS AG 12/17/2012 4,313
  Euro 1,177,000 1,487,610 Bank of America N.A. 5/20/2013 (28,634)
  Euro 3,934,000 5,044,175 Barclays Bank PLC 5/23/2013 (23,875)
  Euro 1,303,000 1,659,872 Credit Suisse International 5/23/2013 (18,742)
  Euro 1,454,000 1,840,241 UBS AG 5/23/2013 (32,902)
  Hong Kong Dollar 173,766 22,413 JPMorgan Chase Bank 11/6/2012 3
  Indian Rupee 387,483 6,970 HSBC Bank USA 10/3/2012 (376)
  Indonesian Rupiah 123,660,000 12,622 Morgan Stanley & Company, Inc. 1/30/2013 (98)
  Japanese Yen 320,423,000 4,112,037 Citibank N.A. 10/29/2012 5,220
  Malaysian Ringgit 52,873 16,454 UBS AG 10/16/2012 (826)
  Malaysian Ringgit 52,873 17,168 UBS AG 1/25/2013 1
  Mexican Peso 120,000,000 9,255,688 UBS AG 10/4/2012 (78,620)
  Mexican Peso 92,019,824 6,881,273 Barclays Bank PLC 10/18/2012 (256,507)
  Mexican Peso 94,908,017 7,145,881 HSBC Bank USA 10/18/2012 (215,930)
  Mexican Peso 8,700,102 666,000 Barclays Bank PLC 12/3/2012 (5,835)
  Mexican Peso 8,675,856 672,000 Citibank N.A. 12/3/2012 2,037
  Mexican Peso 30,798,629 2,384,810 Deutsche Bank AG 12/3/2012 6,492
  Mexican Peso 92,336,106 7,053,000 Goldman Sachs Capital Markets LP 12/3/2012 (77,339)
  Mexican Peso 52,536,485 4,039,000 HSBC Bank USA 12/3/2012 (17,950)
  Mexican Peso 288,732,545 22,266,000 Morgan Stanley & Company, Inc. 12/3/2012 (30,380)
  Mexican Peso 65,822,164 5,015,000 UBS AG 12/3/2012 (67,891)
  New Zealand Dollar 42,682,000 35,212,650 Bank of America N.A. 11/1/2012 (92,373)
  Pound Sterling 333,000 540,395 Barclays Bank PLC 12/12/2012 2,783
  Pound Sterling 496,000 805,627 BNP Paribas SA 12/12/2012 4,860
  Pound Sterling 1,467,000 2,376,885 HSBC Bank USA 12/12/2012 8,488
  Pound Sterling 559,000 904,956 JPMorgan Chase Bank 12/12/2012 2,478
  Pound Sterling 474,000 768,799 Royal Bank of Canada 12/12/2012 3,550
  Pound Sterling 1,219,000 1,969,416 The Royal Bank of Scotland PLC 12/12/2012 1,403
  South African Rand 5,830,995 706,000 Barclays Bank PLC 10/26/2012 7,672
  South African Rand 15,105,602 1,824,000 Citibank N.A. 10/26/2012 14,933
  South African Rand 22,241,996 2,690,000 Goldman Sachs Capital Markets LP 10/26/2012 26,269
  South African Rand 6,292,861 761,000 JPMorgan Chase Bank 10/26/2012 7,359
  South African Rand 22,300,679 2,694,000 Morgan Stanley & Company, Inc. 10/26/2012 23,242
  Taiwan Dollar 36,935 1,253 Barclays Capital 11/30/2012 (7)
      $371,718,699     ($1,779,008)
             
Heritage Trust            
The Portfolio used forward foreign currency contracts to manage against anticipated currency exchange rate changes.    
             
Portfolio Currency  Principal Amount Covered by Contract   Principal Amount Covered by Contract (USD)  Counterparty Settlement Date  Unrealized Appreciation (Depreciation)
Heritage Trust Buys          
  Euro   37,441 $48,167 UBS AG 10/31/2012 ($40)
      $48,167     ($40)
             
  Sells          
  Euro      1,057,848 $1,368,813 UBS AG 10/31/2012 $9,040
      $1,368,813     $9,040
             
High Yield Trust          
The Portfolio used forward foreign currency contracts to manage against anticipated currency exchange rate changes.    
             
Portfolio Currency  Principal Amount Covered by Contract   Principal Amount Covered by Contract (USD)  Counterparty Settlement Date  Unrealized Appreciation (Depreciation)
High Yield Trust Buys          
  Euro   277,409 $344,971 Barclays Bank PLC 11/16/2012 $11,673
  Euro     623,847 773,031 Citibank N.A. 11/16/2012 29,003
      $1,118,002     $40,676
             
  Sells          
  Euro 310,780 $392,712 JPMorgan Chase Bank 10/15/2012 ($6,706)
  Euro 2,040,538 & 2,519,126 Citibank N.A. 10/25/2012 (103,658)
  Euro 222,443 275,277 Barclays Bank PLC 11/16/2012 (10,702)
  Euro   1,764,196 2,192,489 UBS AG 11/16/2012 (75,604)
      $5,379,604     ($196,670)
             
International Core Trust          
The Portfolio used forward foreign currency contracts to manage against anticipated currency exchange rate changes.
             
Portfolio Currency  Principal Amount Covered by Contract   Principal Amount Covered by Contract (USD)  Counterparty Settlement Date  Unrealized Appreciation (Depreciation)
International Core Trust Buys          
  Australian Dollar 1,709,210 $1,744,539 Mellon Bank N.A. 10/19/2012 $25,902
  Hong Kong Dollar 22,452,903 2,895,008 Barclays Bank PLC 10/19/2012 662
  Hong Kong Dollar 36,072,538 4,650,980 Brown Brothers Harriman & Company 10/19/2012 1,166
  Hong Kong Dollar 16,119,640 2,078,402 JPMorgan Chase Bank 10/19/2012 490
  Hong Kong Dollar 28,717,903 3,702,650 Morgan Stanley & Company International PLC 10/19/2012 995
  Hong Kong Dollar 27,382,382 3,530,641 State Street Bank & Trust Company 10/19/2012 767
  Pound Sterling 1,283,988 2,025,202 Bank of America N.A. 10/19/2012 48,068
  Pound Sterling 972,372 1,531,875 Brown Brothers Harriman & Company 10/19/2012 38,225
  Pound Sterling 4,213,301 6,641,806 Deutsche Bank AG 10/19/2012 161,460
  Pound Sterling 7,075,397 11,158,821 Mellon Bank N.A. 10/19/2012 265,905
  Pound Sterling 2,446,000 3,864,144 Morgan Stanley & Company International PLC 10/19/2012 85,440
  Pound Sterling 2,053,513 3,239,396 State Street Bank & Trust Company 10/19/2012 76,435
  Singapore Dollar 9,632,589 7,711,315 Bank of America N.A. 10/19/2012 137,821
  Singapore Dollar 1,681,803 1,344,851 Brown Brothers Harriman & Company 10/19/2012 25,570
  Singapore Dollar 3,633,545 2,909,303 Mellon Bank N.A. 10/19/2012 51,499
  Singapore Dollar 2,720,643 2,178,571 State Street Bank & Trust Company 10/19/2012 38,351
  Singapore Dollar 3,172,496 2,539,065 The Royal Bank of Scotland PLC 10/19/2012 46,050
  Swedish Krona 8,366,112 1,257,164 Bank of America N.A. 10/19/2012 15,826
  Swedish Krona 9,788,888 1,469,874 Barclays Bank PLC 10/19/2012 19,606
  Swedish Krona 39,986,561 6,010,631 Deutsche Bank AG 10/19/2012 73,734
  Swiss Franc 1,954,680 2,067,977 Brown Brothers Harriman & Company 10/19/2012 11,020
  Swiss Franc 3,909,361 4,139,627 JPMorgan Chase Bank 10/19/2012 18,365
  Swiss Franc 1,954,680 2,050,533 Morgan Stanley & Company International PLC 10/19/2012 28,464
      $80,742,375     $1,171,821
             
  Sells          
  Australian Dollar 2,746,556 $2,868,833 Bank of America N.A. 10/19/2012 $23,884
  Australian Dollar 2,644,247 2,765,433 Mellon Bank N.A. 10/19/2012 26,458
  Australian Dollar 2,245,852 2,339,549 State Street Bank & Trust Company 10/19/2012 13,241
  Canadian Dollar 2,472,912 2,506,827 Bank of America N.A. 10/19/2012 (7,660)
  Canadian Dollar 5,231,941 5,300,691 Brown Brothers Harriman & Company 10/19/2012 (19,210)
  Canadian Dollar 3,483,809 3,530,983 Deutsche Bank AG 10/19/2012 (11,397)
  Canadian Dollar 3,145,812 3,188,474 Mellon Bank N.A. 10/19/2012 (10,226)
  Canadian Dollar 2,623,189 2,657,123 The Royal Bank of Scotland PLC 10/19/2012 (10,167)
  Euro 339,418 423,275 Bank of America N.A. 10/19/2012 (12,967)
  Euro 3,031,639 3,770,298 Brown Brothers Harriman & Company 10/19/2012 (126,157)
  Euro 2,051,955 2,583,791 Deutsche Bank AG 10/19/2012 (53,512)
  Euro 2,606,757 3,248,673 JPMorgan Chase Bank 10/19/2012 (101,696)
  Euro 1,977,081 2,549,980 Mellon Bank N.A. 10/19/2012 8,910
  Euro 2,522,858 3,151,176 Morgan Stanley & Company International PLC 10/19/2012 (91,362)
  Euro 2,392,380 2,977,188 The Royal Bank of Scotland PLC 10/19/2012 (97,651)
  Hong Kong Dollar 13,012,283 1,678,045 Brown Brothers Harriman & Company 10/19/2012 (103)
  Japanese Yen 289,120,969 3,657,411 Bank of America N.A. 10/19/2012 (47,899)
  Japanese Yen 127,362,310 1,603,988 Deutsche Bank AG 10/19/2012 (28,259)
  Japanese Yen 920,159,782 11,582,641 JPMorgan Chase Bank 10/19/2012 (209,923)
  Japanese Yen 62,590,951 803,883 Morgan Stanley & Company International PLC 10/19/2012 1,731
  Japanese Yen 303,914,000 3,831,058 State Street Bank & Trust Company 10/19/2012 (63,837)
  Singapore Dollar 3,918,147 3,152,651 Bank of America N.A. 10/19/2012 (40,059)
  Swiss Franc 2,623,251 2,798,681 JPMorgan Chase Bank 10/19/2012 8,593
      $72,970,652     ($849,268)
             
Investment Quality Bond Trust          
The Portfolio used forward foreign currency contracts to manage against anticipated currency exchange rate changes and gain exposure to foreign currencies.
             
Portfolio Currency  Principal Amount Covered by Contract   Principal Amount Covered by Contract (USD)  Counterparty Settlement Date  Unrealized Appreciation (Depreciation)
Investment Quality Bond Trust Buys          
  Brazilian Real               3,633,000 $1,789,126 Goldman Sachs International 10/2/2012 $2,957
  Brazilian Real                  795,000                       392,884 Standard Chartered Bank 10/2/2012 (727)
  Brazilian Real               2,838,000                    1,397,823 UBS AG 10/2/2012 2,103
  Euro               1,175,000                    1,524,363 Goldman Sachs International 10/31/2012 (14,001)
      $5,104,196     ($9,668)
             
  Sells          
  Brazilian Real               3,633,000 $1,765,821 Goldman Sachs International 10/2/2012 ($26,262)
  Brazilian Real                  795,000                       391,510 Standard Chartered Bank 10/2/2012 (647)
  Brazilian Real               2,838,000                    1,397,617 UBS AG 10/2/2012 (2,309)
  Brazilian Real               2,838,000                    1,391,449 UBS AG 11/5/2012 (2,494)
  Euro               1,175,000                    1,521,291 UBS AG 10/31/2012 10,929
  Mexican Peso               6,370,000                       491,778 Royal Bank of Canada 12/19/2012 625
  Mexican Peso               6,370,000                       490,887 UBS AG 12/19/2012 (266)
      $7,450,353     ($20,424)
             
Mutual Shares Trust          
The Portfolio used forward foreign currency contracts to manage against anticipated currency exchange rate changes and maintain diversity and liquidity of the Portfolio.
             
Portfolio Currency  Principal Amount Covered by Contract   Principal Amount Covered by Contract (USD)  Counterparty Settlement Date  Unrealized Appreciation (Depreciation)
Mutual Shares Trust Buys          
  Euro 1,070,656 $1,383,523 Bank of America N.A. 1/17/2013 ($6,084)
  Euro 159,665 206,439 Barclays Bank PLC 1/17/2013 (1,024)
  Euro 1,021,750 1,310,667 Credit Suisse International 1/17/2013 3,853
  Euro 1,236,597 1,557,926 Deutsche Bank AG 1/17/2013 33,004
  Euro 1,143,523 1,422,007 HSBC Bank USA 1/17/2013 49,178
  Euro 18,592 23,975 State Street Bank & Trust Company 1/17/2013 (56)
  Japanese Yen 1,742,300 22,239 Barclays Bank PLC 10/22/2012 90
  Japanese Yen 9,292,161 116,174 Deutsche Bank AG 10/22/2012 2,916
  Japanese Yen 12,623,030 158,841 HSBC Bank USA 10/22/2012 2,937
  Japanese Yen 3,118,120 39,713 Standard Chartered Bank 10/22/2012 249
  Pound Sterling 131,000 207,770 Bank of America N.A. 2/19/2013 3,674
  Pound Sterling 362,592 572,602 Credit Suisse International 2/19/2013 12,649
  Pound Sterling 666,800 1,067,511 Deutsche Bank AG 2/19/2013 8,755
  Pound Sterling 212,860 344,371 State Street Bank & Trust Company 2/19/2013 (799)
  Swiss Franc 4,366 4,679 Credit Suisse International 2/11/2013 (25)
  Swiss Franc 2,500 2,623 Credit Suisse International 2/11/2013 42
      $8,441,060     $109,359
             
  Sells          
  Euro 1,652,461 $2,053,598 Bank of America N.A. 1/17/2013 ($72,356)
  Euro 407,868 512,858 Barclays Bank PLC 1/17/2013 (11,880)
  Euro 1,243,292 1,547,337 Credit Suisse International 1/17/2013 (52,205)
  Euro 537,868 682,096 Deutsche Bank AG 1/17/2013 (9,892)
  Euro 27,732,215 34,028,670 HSBC Bank USA 1/17/2013 (1,649,876)
  Euro 80,411 100,069 Standard Chartered Bank 1/17/2013 (3,382)
  Japanese Yen 9,565,500 122,197 Credit Suisse International 10/22/2012 (395)
  Japanese Yen 8,943,759 114,554 Deutsche Bank AG 10/22/2012 (70)
  Japanese Yen 74,199,977 916,176 HSBC Bank USA 10/22/2012 (34,779)
  Pound Sterling 887,983 1,390,663 Bank of America N.A. 2/19/2013 (42,608)
  Pound Sterling 688,245 1,077,640 Barclays Bank PLC 2/19/2013 (33,239)
  Pound Sterling 222,849 348,072 Credit Suisse International 2/19/2013 (11,623)
  Pound Sterling 29,833,499 46,765,189 HSBC Bank USA 2/19/2013 (1,388,324)
  Swiss Franc 37,580 38,651 Bank of America N.A. 2/11/2013 (1,405)
  Swiss Franc 37,320 38,371 Barclays Bank PLC 2/11/2013 (1,408)
      $89,736,141     ($3,313,442)
             
New Income Trust          
The Portfolio used forward foreign currency contracts to manage against anticipated currency exchange rate changes and gain exposure to foreign currencies.
             
Portfolio Currency  Principal Amount Covered by Contract   Principal Amount Covered by Contract (USD)  Counterparty Settlement Date  Unrealized Appreciation (Depreciation)
New Income Trust Buys          
  Canadian Dollar 6,470,000 $6,508,694 UBS AG 11/26/2012 $64,660
  Canadian Dollar 14,680,000 14,867,931 Royal Bank of Canada 12/5/2012 43,535
  Chinese Yuan Renminbi 90,985,000 14,310,318 Barclays Bank PLC 11/13/2012 126,819
  Euro 2,955,000 3,707,943 Barclays Bank PLC 10/23/2012 90,160
  Euro 3,910,000 5,040,694 Deutsche Bank AG 10/23/2012 (15,116)
  Euro 2,375,000 3,062,182 Deutsche Bank AG 11/6/2012 (9,138)
  Hong Kong Dollar 136,880,000 17,651,686 UBS AG 11/20/2012 1,598
  Indian Rupee 396,200,000 7,149,689 Deutsche Bank AG 3/18/2013 145,491
  Indian Rupee 407,770,000 7,352,109 JPMorgan Chase Bank 3/18/2013 156,108
  Malaysian Ringgit 44,640,000 14,326,059 Deutsche Bank AG 12/12/2012 206,137
  Mexican Peso 154,540,000 11,953,899 JPMorgan Chase Bank, N.A. 12/18/2012 (37,102)
  Norwegian Krone 46,785,000 7,653,633 Barclays Bank PLC 10/23/2012 506,719
  Norwegian Krone 82,280,000 13,510,119 Morgan Stanley & Company, Inc. 11/6/2012 834,022
  Pound Sterling 4,880,000 7,917,483 The Royal Bank of Scotland PLC 10/18/2012 (37,665)
  Russian Ruble 224,975,000 7,066,907 Credit Suisse 11/26/2012 81,601
  Russian Ruble 229,960,000 7,134,414 Morgan Stanley & Company, Inc. 11/26/2012 172,491
  South African Rand 16,185,000 1,940,322 Credit Suisse Securities, Ltd. 11/20/2012 (8,612)
  South Korean Won 8,209,095,000 7,177,978 Standard Chartered Bank 10/31/2012 206,999
      $158,332,060     $2,528,707
             
  Sells          
  Australian Dollar 7,125,000 $7,235,687 Barclays Bank PLC 10/11/2012 ($149,815)
  Australian Dollar 6,315,000 6,551,086 UBS AG 11/27/2012 31,994
  Australian Dollar 14,210,000 14,579,318 UBS AG 12/12/2012 (71,677)
  Brazilian Real 30,655,000 14,725,945 Credit Suisse 12/4/2012 (283,652)
  Brazilian Real 7,430,000 3,618,037 Goldman Sachs & Company 12/4/2012 (19,912)
  Chinese Yuan Renminbi 68,315,000 10,778,637 Citibank N.A. 11/13/2012 (61,315)
  Chinese Yuan Renminbi 22,670,000 3,568,955 Deutsche Bank AG 11/13/2012 (28,230)
  Euro 6,865,000 8,415,666 Barclays Bank PLC 10/23/2012 (408,014)
  Euro 27,380,000 33,855,370 Deutsche Bank AG 11/6/2012 (1,341,418)
  Euro 2,070,000 2,685,243 JPMorgan Chase Bank, N.A. 11/6/2012 24,274
  Hong Kong Dollar 109,285,000 14,094,161 Credit Suisse Securities, Ltd. 11/20/2012 (221)
  Hong Kong Dollar 27,595,000 3,559,910 Deutsche Bank AG 11/20/2012 1,009
  Japanese Yen 1,098,670,000 14,023,396 UBS AG 10/31/2012 (58,340)
  Japanese Yen 301,970,000 3,842,459 Barclays Bank PLC 11/27/2012 (28,759)
  Japanese Yen 823,055,000 10,526,117 The Royal Bank of Scotland PLC 12/12/2012 (27,321)
  Mexican Peso 66,200,000 5,105,661 JPMorgan Chase Bank, N.A. 12/18/2012 886
  Pound Sterling 4,880,000 7,626,684 UBS AG 10/18/2012 (253,134)
  Pound Sterling 8,545,000 13,521,958 UBS AG 11/29/2012 (273,944)
  South African Rand 16,185,000 1,943,537 Citibank N.A. 11/20/2012 11,827
  South Korean Won 8,209,095,000 7,216,153 Goldman Sachs & Company 10/31/2012 (168,825)
      $187,473,980     ($3,104,587)
             
Real Return Bond Trust          
The Portfolio used forward foreign currency contracts to manage against anticipated currency exchange rate changes, gain exposure to foreign currencies and to maintain diversity and liquidity of the Portfolio.
             
Portfolio Currency  Principal Amount Covered by Contract   Principal Amount Covered by Contract (USD)  Counterparty Settlement Date  Unrealized Appreciation (Depreciation)
Real Return Bond Trust Buys          
  Australian Dollar 213,000 $218,673 Barclays Bank PLC 10/11/12 $2,114
  Australian Dollar 809,000 844,265 Citibank N.A. 10/11/12 (5,687)
  Australian Dollar 130,000 131,985 The Royal Bank of Scotland PLC 10/11/12 2,768
  Brazilian Real 710,046 346,195 UBS AG 10/2/12 4,056
  Brazilian Real 810,116 395,000 HSBC Bank USA 12/4/12 1,657
  Brazilian Real 215,113 105,000 UBS AG 12/4/12 326
  Chinese Yuan Renminbi 35,234 5,530 JPMorgan Chase Bank 2/1/13 25
  Euro 147,196 189,995 HSBC Bank USA 10/1/12 (841)
  Euro 69,000 89,717 Citibank N.A. 10/15/12 (1,037)
  Euro 189,000 232,381 Deutsche Bank AG 10/15/12 10,524
  Euro 54,000 69,944 JPMorgan Chase Bank 10/15/12 (543)
  Euro 162,000 200,705 Morgan Stanley & Company, Inc. 10/15/12 7,500
  Euro 96,000 125,422 Royal Bank of Canada 10/15/12 (2,041)
  Euro 2,042,000 2,646,983 The Royal Bank of Scotland PLC 10/15/12 (22,578)
  Euro 159,000 203,407 UBS AG 10/15/12 942
  Euro 147,000 189,107 Westpac Banking Corp. 10/15/12 (181)
  Mexican Peso 44,743 3,304 HSBC Bank USA 12/3/12 151
  Pound Sterling 133,000 211,947 Barclays Bank PLC 12/12/12 2,775
      $6,209,560     ($70)
             
  Sells          
  Australian Dollar 2,996,000 $3,090,374 Bank of America N.A. 10/11/12 ($15,165)
  Brazilian Real 363,922 176,490 Barclays Capital 10/2/12 (3,025)
  Brazilian Real 171,142 82,866 Morgan Stanley & Company, Inc. 10/2/12 (1,555)
  Brazilian Real 174,981 86,005 UBS AG 10/2/12 (310)
  Brazilian Real 710,046 343,050 UBS AG 12/4/12 (4,609)
  Canadian Dollar 1,526,000 1,575,510 Citibank N.A. 12/20/12 26,008
  Canadian Dollar 1,374,000 1,406,967 Deutsche Bank AG 12/20/12 11,805
  Euro 147,000 189,080 Westpac Banking Corp. 10/1/12 178
  Euro 433,000 558,232 Deutsche Bank AG 10/15/12 1,735
  Euro 2,146,000 2,704,673 HSBC Bank USA 10/15/12 (53,395)
  Euro 2,784,000 3,430,128 UBS AG 10/15/12 (147,906)
  Euro 618,000 795,021 Westpac Banking Corp. 10/15/12 759
  Euro 889,200 1,153,470 Barclays Bank PLC 9/13/13 6,593
  Japanese Yen 560,000,000 7,141,035 Barclays Bank PLC 11/5/12 (36,822)
  Mexican Peso 2,367,405 177,960 Citibank N.A. 11/29/12 (4,925)
  Mexican Peso 1,940,976 145,998 UBS AG 11/29/12 (3,945)
  Mexican Peso 1,181,658 88,706 Credit Suisse International 12/13/12 (2,456)
  Pound Sterling 782,000 1,269,765 Barclays Bank PLC 12/12/12 7,265
  Pound Sterling 645,000 1,025,619 BNP Paribas SA 12/12/12 (15,701)
  Pound Sterling 25,000 40,252 Deutsche Bank AG 12/12/12 (109)
      $25,481,201     ($235,580)
             
Strategic Allocation Trust          
The Portfolio used forward foreign currency contracts to manage against anticipated currency exchange rate changes, gain exposure to foreign currencies and to maintain diversity and liquidity of the Portfolio.
             
Portfolio Currency  Principal Amount Covered by Contract  Principal Amount Covered by Contract (USD)  Counterparty Settlement Date  Unrealized Appreciation (Depreciation)
Strategic Allocation Trust Buys          
  Euro 3,098,941 $3,899,351 Bank of Montreal 11/20/2012 $84,888
  Japanese Yen 361,944,300 4,613,224 Bank of Montreal 11/20/2012 26,595
  Japanese Yen 50,575,000 645,320 UBS AG 11/20/2012 3,009
  Pound Sterling 2,908,532 4,603,188 Bank of Montreal 11/20/2012 92,772
  Pound Sterling 398,335 633,580 UBS AG 11/20/2012 9,551
      $14,394,663     $216,815
             
  Sells          
  Euro 17,017 $22,250 Bank of Montreal 11/20/2012 $372
  Japanese Yen 4,202,800 53,737 Bank of Montreal 11/20/2012 (139)
  Pound Sterling 17,325 28,145 Bank of Montreal 11/20/2012 173
      $104,132     $406
             
Strategic Income Opportunities Trust          
The Portfolio used forward foreign currency contracts to manage against anticipated currency exchange rate changes.    
             
Portfolio Currency  Principal Amount Covered by Contract   Principal Amount Covered by Contract (USD)  Counterparty Settlement Date  Unrealized Appreciation (Depreciation)
Strategic Income Opportunities Trust Buys          
  Australian Dollar 2,915,000 $3,017,258 Bank of Montreal 11/20/2012 ($6,251)
  Australian Dollar 3,563,971 3,699,402 Standard Chartered Bank 11/20/2012 (18,050)
  Australian Dollar 2,696,628 2,799,100 UBS AG 11/20/2012 (13,657)
  Australian Dollar 2,920,000 3,039,662 UBS AG 11/20/2012 (23,490)
  Canadian Dollar 11,603,138 11,733,141 State Street Bank & Trust Company 11/20/2012 56,921
  Canadian Dollar 7,085,000 7,201,228 Toronto Dominion Bank 11/20/2012 (2,090)
  Euro 34,209,769 43,200,001 Bank of Montreal 11/20/2012 782,738
  Euro 2,850,000 3,695,736 Royal Bank of Canada 11/20/2012 (31,554)
  Euro 5,715,000 7,358,348 Toronto Dominion Bank 11/20/2012 (10,700)
  Japanese Yen 226,013,962 2,857,500 State Street Bank & Trust Company 11/20/2012 39,808
  Mexican Peso 193,278,393 14,546,976 Bank of Nova Scotia 11/20/2012 397,091
  New Zealand Dollar 2,915,000 2,410,326 Bank of Montreal 11/20/2012 (2,181)
  Pound Sterling 5,820,571 9,242,200 Canadian Imperial Bank of Commerce 11/20/2012 155,382
  Pound Sterling 4,604,671 7,271,123 State Street Bank & Trust Company 11/20/2012 163,333
  Singapore Dollar 3,682,016 2,935,000 HSBC Bank USA 11/20/2012 65,308
  Singapore Dollar 5,663,550 4,594,389 Toronto Dominion Bank 11/20/2012 20,581
      $129,601,390     $1,573,189
             
  Sells          
  Australian Dollar 17,256,689 $17,791,474 Bank of Nova Scotia 11/20/2012 ($33,575)
  Euro 5,715,000 7,202,100 Bank of Montreal 11/20/2012 (145,548)
  Euro 7,320,000 9,242,200 Canadian Imperial Bank of Commerce 11/20/2012 (168,961)
  Euro 2,935,000 3,699,402 Standard Chartered Bank 11/20/2012 (74,062)
  Euro 5,790,000 7,271,123 State Street Bank & Trust Company 11/20/2012 (172,952)
  Euro 5,715,000 7,202,386 Toronto Dominion Bank 11/20/2012 (145,263)
  Japanese Yen 932,221,184 11,881,786 Bank of Montreal 11/20/2012 (68,499)
  Japanese Yen 446,392,935 5,715,000 State Street Bank & Trust Company 11/20/2012 (7,379)
  Japanese Yen 223,506,530 2,855,000 UBS AG 11/20/2012 (10,164)
  New Zealand Dollar 12,488,122 9,998,865 Bank of Nova Scotia 11/20/2012 (317,846)
  Norwegian Krone 43,356,558 7,427,667 State Street Bank & Trust Company 11/20/2012 (126,766)
  Pound Sterling 59,366,621 93,956,582 Bank of Montreal 11/20/2012 (1,893,582)
  Pound Sterling 2,282,508 3,695,736 Royal Bank of Canada 11/20/2012 10,521
  Pound Sterling 1,760,000 2,799,100 UBS AG 11/20/2012 (42,501)
  Singapore Dollar 3,669,591 2,930,000 HSBC Bank USA 11/20/2012 (60,183)
  Singapore Dollar 1,099,762 880,000 Standard Chartered Bank 11/20/2012 (16,147)
  Singapore Dollar 23,566,563 18,808,262 State Street Bank & Trust Company 11/20/2012 (395,065)
  Swedish Krona 50,309,010 7,596,106 State Street Bank & Trust Company 11/20/2012 (51,759)
  Swiss Franc 18,462,139 19,345,858 Bank of Nova Scotia 11/20/2012 (301,984)
      $240,298,647     ($4,021,715)
             
Total Return Trust          
The Portfolio used forward foreign currency contracts to manage against anticipated currency exchange rate changes, gain exposure to foreign currencies and to maintain diversity and liquidity of the Portfolio.
             
Portfolio Currency  Principal Amount Covered by Contract   Principal Amount Covered by Contract (USD)  Counterparty Settlement Date  Unrealized Appreciation (Depreciation)
Total Return Trust Buys          
  Brazilian Real 3,106,101 $1,514,433 UBS AG 10/2/2012 $17,742
  Brazilian Real 5,931,370 2,900,000 Barclays Capital 12/4/2012 4,175
  Brazilian Real 18,221,460 8,900,000 Morgan Stanley & Company, Inc. 12/4/2012 21,767
  Brazilian Real 6,754,200 3,300,000 UBS AG 12/4/2012 7,056
  Canadian Dollar 225,000 230,166 Barclays Bank PLC 12/20/2012 (1,701)
  Canadian Dollar 8,018,000 8,193,873 Citibank N.A. 12/20/2012 (52,386)
  Chinese Yuan Renminbi 85,222,925 13,400,884 Citibank N.A. 10/15/2012 153,594
  Chinese Yuan Renminbi 14,519,900 2,300,000 Citibank N.A. 2/1/2013 (10,890)
  Chinese Yuan Renminbi 7,572,000 1,200,000 Goldman Sachs International 2/1/2013 (6,249)
  Euro 6,560,000 8,508,189 The Royal Bank of Scotland PLC 12/17/2012 (71,546)
  Mexican Peso 358,312 26,949 Deutsche Bank AG 12/3/2012 721
  Mexican Peso 23,845,400 1,800,000 Goldman Sachs Capital Markets LP 12/3/2012 41,379
  Mexican Peso 313,517 23,148 JPMorgan Chase Bank 12/3/2012 1,062
  Mexican Peso 46,909,043 3,531,219 Morgan Stanley & Company, Inc. 12/3/2012 91,171
  Mexican Peso 2,012,570 148,740 UBS AG 12/3/2012 6,674
      $55,977,601     $202,569
             
  Sells          
  Brazilian Real 3,106,101 $1,530,778 UBS AG 10/2/2012 ($1,397)
  Brazilian Real 3,106,101 1,500,677 UBS AG 12/4/2012 (20,162)
  Canadian Dollar 15,372,000 15,870,738 Citibank N.A. 12/20/2012 261,990
  Canadian Dollar 60,103,000 61,545,048 Deutsche Bank AG 12/20/2012 516,385
  Canadian Dollar 51,375,000 52,742,075 HSBC Bank USA 12/20/2012 575,834
  Chinese Yuan Renminbi 85,222,925 13,497,454 UBS AG 10/15/2012 (57,024)
  Chinese Yuan Renminbi 3,792,000 600,856 Barclays Capital 2/1/2013 3,034
  Chinese Yuan Renminbi 4,406,500 700,000 Credit Suisse International 2/1/2013 5,301
  Chinese Yuan Renminbi 13,893,400 2,200,000 UBS AG 2/1/2013 9,660
  Euro 16,747,000 21,786,961 Barclays Bank PLC 12/17/2012 249,085
  Euro 18,988,000 24,458,511 Citibank N.A. 12/17/2012 38,544
  Euro 14,693,000 18,523,171 HSBC Bank USA 12/17/2012 (373,109)
  Euro 13,978,000 18,116,397 JPMorgan Chase Bank 12/17/2012 139,659
  Euro 3,799,000 4,966,224 Royal Bank of Canada 12/17/2012 80,430
  Euro 30,698,000 39,276,543 UBS AG 12/17/2012 (203,347)
  Euro 20,600,000 26,519,101 Westpac Banking Corp. 12/17/2012 25,983
  Euro 11,900,000 14,609,273 UBS AG 1/31/2013 (702,841)
  Euro 3,300,000 4,154,390 UBS AG 2/28/2013 (93,110)
  Euro 2,458,128 3,235,757 BNP Paribas SA 6/21/2013 68,063
  Euro 2,600,000 3,281,785 BNP Paribas SA 8/14/2013 (70,614)
  Euro 6,000,000 7,538,400 Bank of America N.A. 9/4/2013 (199,591)
  Euro 9,800,000 12,371,226 UBS AG 9/4/2013 (267,492)
  Euro 3,789,458 4,977,358 UBS AG 9/20/2013 89,415
  Euro 1,400,000 1,768,746 BNP Paribas SA 4/1/2014 (40,490)
  Euro 1,000,000 1,267,350 Citibank N.A. 4/1/2014 (24,962)
  Euro 2,000,000 2,529,060 BNP Paribas SA 6/2/2014 (57,124)
  Euro 1,600,000 2,028,800 Credit Suisse International 6/2/2014 (40,147)
  Euro 1,400,000 1,771,000 BNP Paribas SA 7/1/2014 (39,840)
  Euro 900,000 1,139,040 BNP Paribas SA 8/1/2014 (25,423)
  Japanese Yen 2,220,000,000 28,291,355 BNP Paribas SA 10/22/2012 (160,394)
  Japanese Yen 6,720,000,000 85,996,502 UBS AG 10/22/2012 (127,710)
  Japanese Yen 1,970,000,000 25,222,618 Bank of America N.A. 10/29/2012 (26,595)
  Japanese Yen 773,520,000 9,910,507 Citibank N.A. 10/29/2012 (3,591)
  Japanese Yen 1,580,000,000 20,213,651 The Royal Bank of Scotland PLC 10/29/2012 (36,988)
  Japanese Yen 316,480,000 4,056,406 UBS AG 10/29/2012 126
  Japanese Yen 5,030,000,000 63,979,771 JPMorgan Chase Bank 11/5/2012 (492,768)
  Japanese Yen 1,148,859,000 14,660,145 Barclays Bank PLC 12/10/2012 (70,388)
  Mexican Peso 73,542,710 5,505,312 HSBC Bank USA 10/4/2012 (215,274)
  Mexican Peso 50,196,919 3,736,558 HSBC Bank USA 10/11/2012 (159,779)
  Mexican Peso 257,102,456 19,144,889 Citibank N.A. 10/18/2012 (797,997)
  Mexican Peso 431,993,270 32,433,551 HSBC Bank USA 10/18/2012 (1,075,240)
  Mexican Peso 195,247,730 14,549,336 HSBC Bank USA 10/25/2012 (585,242)
  Mexican Peso 174,562,885 13,024,165 HSBC Bank USA 11/1/2012 (497,776)
  Mexican Peso 69,169,512 5,138,894 JPMorgan Chase Bank 11/1/2012 (219,095)
  Mexican Peso 174,567,250 13,020,605 UBS AG 11/1/2012 (501,674)
  Mexican Peso 66,020,695 4,904,044 Deutsche Bank AG 11/15/2012 (203,076)
  Mexican Peso 110,761,336 8,167,517 HSBC Bank USA 11/15/2012 (400,576)
  Mexican Peso 98,696,995 7,290,744 Deutsche Bank AG 11/29/2012 (333,745)
  Mexican Peso 254,056,826 18,375,693 HSBC Bank USA 11/29/2012 (1,250,572)
  Mexican Peso 67,059,270 5,036,181 JPMorgan Chase Bank 11/29/2012 (144,247)
  Mexican Peso 135,428,588 9,900,836 HSBC Bank USA 12/3/2012 (557,172)
  Mexican Peso 8,819,200 640,000 UBS AG 12/3/2012 (41,032)
  Pound Sterling 600,000 971,330 JPMorgan Chase Bank 12/12/2012 2,660
      $778,677,329     ($8,051,435)
             
Utilities Trust            
The Portfolio used forward foreign currency contracts to manage against anticipated currency exchange rate changes.    
             
Portfolio Currency  Principal Amount Covered by Contract   Principal Amount Covered by Contract (USD)  Counterparty Settlement Date  Unrealized Appreciation (Depreciation)
Utilities Trust Buys          
  Brazilian Real 4,250,820 $2,093,381 JPMorgan Chase Bank 10/2/12 $3,459
  Brazilian Real 4,250,820 2,088,855 UBS AG 10/2/12 7,986
  Euro 410,446 526,446 Barclays Bank PLC 10/12/12 1,048
  Euro 248,720 321,358 Citibank N.A. 10/12/12 (1,708)
  Euro 236,568 303,584 Credit Suisse 10/12/12 448
  Euro 337,950 436,319 Deutsche Bank AG 10/12/12 (1,994)
  Euro 188,872 239,925 Merrill Lynch International Bank, Ltd. 10/12/12 2,809
  Euro 503,519 619,441 UBS AG 10/12/12 27,669
  Euro 40,865 53,416 Westpac Banking Corp. 10/12/12 (898)
  Pound Sterling 91,489 148,345 Merrill Lynch International Bank, Ltd. 10/12/12 (613)
      $6,831,070     $38,206
             
  Sells          
  Brazilian Real 4,250,820 $2,074,279 JPMorgan Chase Bank 10/2/12 ($22,562)
  Brazilian Real 4,250,820 2,093,381 UBS AG 10/2/12 (3,459)
  Brazilian Real 4,250,820 2,071,146 UBS AG 12/4/12 (10,182)
  Euro 11,869 14,694 Bank of America Merrill Lynch 10/12/12 (559)
  Euro 84,015 106,078 Barclays Bank PLC 10/12/12 (1,897)
  Euro 45,097 56,535 Citibank N.A. 10/12/12 (1,423)
  Euro 3,730,745 4,582,539 Credit Suisse 10/12/12 (212,123)
  Euro 1,800,879 2,259,774 Deutsche Bank AG 10/12/12 (54,671)
  Euro 81,743 100,572 Goldman Sachs International 10/12/12 (4,482)
  Euro 2,918,146 3,581,463 JPMorgan Chase Bank 10/12/12 (168,866)
  Euro 36,270 46,402 Merrill Lynch International Bank, Ltd. 10/12/12 (211)
  Euro 56,947 70,001 UBS AG 10/12/12 (3,186)
  Euro 50,330 65,789 Westpac Banking Corp. 10/12/12 1,105
  Euro 7,004,365 9,039,098 UBS AG 12/17/12 30,969
  Pound Sterling 2,693,373 4,183,449 Barclays Bank PLC 10/12/12 (165,668)
  Pound Sterling 81,905 129,716 Citibank N.A. 10/12/12 (2,540)
  Pound Sterling 2,629,530 4,080,609 Deutsche Bank AG 10/12/12 (165,418)
  Pound Sterling 860,000 1,332,273 JPMorgan Chase Bank 10/12/12 (56,410)
      $35,887,798     ($841,583)

 

Options. There are two types of options, a put option and a call option. A call option gives the purchaser of the option the right to buy (and the seller the obligation to sell) the underlying instrument at the exercise price. A put option gives the purchaser of the option the right to sell (and the writer the obligation to buy) the underlying instrument at the exercise price. Writing puts and buying calls may increase a Portfolio’s exposure to changes in the value of the underlying instrument. Buying puts and writing calls may decrease a Portfolio’s exposure to such changes. Risks related to the use of options include the loss of the premium, possible illiquidity of the options markets, trading restrictions imposed by an exchange and movements in underlying security values.

 

Options are traded either over-the-counter or on an exchange. When a Portfolio purchases an option, the premium paid by the Portfolio is included in the Portfolio of Investments and subsequently “marked-to-market” to reflect current market value. When a Portfolio writes an option, the premium received is included as a liability and subsequently “marked-to-market” to reflect current market value of the option written.

 

During the period ended September 30, 2012, the Global Bond Trust purchased options to manage against anticipated currency exchange rates, manage against anticipated interest rate changes and maintain diversity and liquidity of the Portfolio. Health Sciences Trust purchased options to manage against anticipated changes in securities markets and to gain exposure to certain securities. High Yield Trust purchased options to manage against potential credit events. Real Return Bond Trust purchased options to manage against anticipated interest rate changes and maintain diversity and liquidity of the Portfolio. Strategic Income Opportunities Trust purchased options to manage against anticipated currency exchange rates.

 

The following tables summarize the Portfolios’ written options activities during the period ended September 30, 2012 and the contracts held at September 30, 2012.

 

  Number of Contracts Premium Received
Capital Appreciation Value Trust    
Outstanding, beginning of period 6,861 $850,611
  Options written 10,799 1,454,513
  Option closed (2,837) (297,458)
  Options exercised (3,963) (572,318)
  Options expired (3,088) (376,524)
Outstanding, end of period 7,772 $1,058,824
     
Global Bond Trust    
Outstanding, beginning of period 260,900,000 $2,012,742
  Options written 280,761,167 5,502,455
  Option closed (261,259,117) (2,350,373)
  Options exercised (807) (544,399)
  Options expired (1,243) (871,127)
Outstanding, end of period 280,400,000 $3,749,298
     
Health Sciences Trust    
Outstanding, beginning of period 5,691 $3,462,463
  Options written 6,096 3,510,362
  Option closed (3,020) (1,883,515)
  Options exercised (489) (328,590)
  Options expired (3,308) (1,679,304)
Outstanding, end of period 4,970 $3,081,416
     
High Yield Trust    
Outstanding, beginning of period                                                    -                                        -
  Options written 139,795,400 $1,485,175
  Option closed (47,324,800) (892,226)
  Options exercised                                                    -                                        -
  Options expired (66,928,600) (486,742)
Outstanding, end of period 25,542,000 $106,207
     
Mutual Shares Trust    
Outstanding, beginning of period 14 $28,350
  Options written 246 22,775
  Option closed (14) (28,350)
  Options exercised                                                    -                                        -
  Options expired (30) (3,851)
Outstanding, end of period 216 $18,924
     
Real Return Bond Trust    
Outstanding, beginning of period 43,400,000 $261,201
  Options written 24,100,008 231,369
  Option closed (32,600,008) (279,979)
  Options exercised                                                    -                                        -
  Options expired                                                    -                                        -
Outstanding, end of period 34,900,000 $212,591
     
Strategic Income Opportunities Trust    
Outstanding, beginning of period                                                    -                                        -
  Options written 10,395,000 $62,318
  Option closed                                                    -                                        -
  Options exercised (10,395,000) (62,318)
  Options expired                                                    -                                        -
Outstanding, end of period                                                    -                                        -
     
Total Return Trust    
Outstanding, beginning of period 1,625,100,508 $13,459,034
  Options written 1,213,200,968 5,741,389
  Option closed (1,766,101,476) (14,766,730)
  Options exercised                                                    -                                        -
  Options expired                                                    -                                        -
Outstanding, end of period 1,072,200,000 $4,433,693

 

Options on Securities            
           
Capital Appreciation Value Trust          
The Portfolio used written options to gain exposure to certain securities.
Portfolio Name of Issuer Exercise Price Expiration Date Number of Contracts Premium Value
Capital Appreciation Value Trust Calls          
  Accenture PLC, Class A $65.00 Jan 2013                        44 $18,218 ($26,840)
  AT&T, Inc. 32.00 Jan 2013                      591 42,825 (336,870)
  AT&T, Inc. 30.00 Jan 2013                          7 1,077 (5,390)
  AT&T, Inc. 35.00 Jan 2013                      330 29,977 (92,895)
  AT&T, Inc. 34.00 Jan 2013                      330 43,173 (123,750)
  Cisco Systems, Inc. 22.00 Jan 2013                      366 30,780 (5,856)
  Cisco Systems, Inc. 17.50 Jan 2013                      606 54,310 (119,382)
  EOG Resources, Inc. 110.00 Jan 2013                        13 12,051 (11,863)
  EOG Resources, Inc. 115.00 Jan 2013                        13 9,516 (8,547)
  Express Scripts, Inc. 60.00 Jan 2013                          4 1,196 (1,980)
  Ingersoll-Rand PLC 40.00 Jan 2013                      225 72,150 (132,750)
  JPMorgan Chase & Company 50.00 Jan 2013                      518 99,285 (4,144)
  Microsoft Corp. 30.00 Jan 2013                      294 43,805 (34,986)
  PepsiCo, Inc. 72.50 Jan 2013                      198 26,041 (19,404)
  PepsiCo, Inc. 70.00 Jan 2013                        39 9,718 (8,482)
  Pfizer, Inc. 22.50 Jan 2013                  2,092 243,404 (514,632)
  Philip Morris International 90.00 Jan 2013                        64 8,214 (19,328)
  Philip Morris International 85.00 Jan 2013                        63 15,473 (39,690)
  Texas Instruments, Inc. 40.00 Jan 2013                      148 12,584 (222)
  The Procter & Gamble Company 70.00 Jan 2013                      106 19,098 (14,681)
  The Procter & Gamble Company 65.00 Jan 2013                      515 67,048 (243,338)
  The Procter & Gamble Company 67.50 Jan 2013                      100 12,396 (27,850)
  The Walt Disney Company 47.00 Oct 2012                      109 12,577 (57,770)
  The Walt Disney Company 45.00 Oct 2012                      113 22,861 (82,490)
  The Walt Disney Company 46.00 Oct 2012                      113 17,361 (71,190)
  The Walt Disney Company 50.00 Jan 2013                      202 36,740 (68,680)
  The Walt Disney Company 45.00 Jan 2013                      115 28,938 (87,400)
  The Walt Disney Company 46.00 Jan 2013                      115 25,312 (76,475)
  The Walt Disney Company 47.00 Jan 2013                      115 20,673 (66,700)
  The Walt Disney Company 55.00 Jan 2013                      224 22,023 (20,720)
        7,772 $1,058,824 ($2,324,305)
             
Health Sciences Trust            
The Portfolio used written options to manage against anticipated changes in securities and to gain exposure to certain securities.
Portfolio Name of Issuer Exercise Price Expiration Date Number of Contracts Premium Value
Health Sciences Trust Calls          
  Alexion Pharmaceuticals, Inc. $115.00 Jan 2013 19 $9,063 ($18,145)
  Alexion Pharmaceuticals, Inc. 100.00 Jan 2013 21 12,577 (40,215)
  Allergan, Inc. 105.00 Jan 2013 11 3,322 (412)
  AmerisourceBergen Corp. 40.00 Nov 2012 33 3,531 (1,980)
  Amgen, Inc. 75.00 Jan 2013 22 4,950 (22,275)
  Amgen, Inc. 80.00 Jan 2013 33 4,226 (20,130)
  Amgen, Inc. 85.00 Jan 2013 31 4,557 (9,610)
  Auxilium Pharmaceuticals, Inc. 25.00 Dec 2012 42 7,434 (7,350)
  Biogen Idec, Inc. 135.00 Jan 2013 23 18,561 (40,135)
  Catamaran Corp. 95.00 Oct 2012 12 1,524 (5,160)
  Catamaran Corp. 110.00 Oct 2012 42 7,224 (525)
  Celgene Corp. 70.00 Oct 2012 32 9,728 (21,440)
  Celgene Corp. 75.00 Jan 2013 61 13,603 (32,025)
  Celgene Corp. 85.00 Jan 2013 54 13,399 (6,750)
  Celgene Corp. 90.00 Jan 2013 76 18,087 (3,952)
  Centene Corp. 45.00 Dec 2012 4 671 (440)
  Covidien PLC 57.50 Jan 2013 42 5,754 (14,700)
  Davita, Inc. 110.00 Jan 2013 21 3,629 (5,145)
  Eli Lilly & Company 45.00 Jan 2013 22 4,444 (7,260)
  Express Scripts, Inc. 65.00 Jan 2013 32 7,681 (7,312)
  Express Scripts Holding Company 67.50 Jan 2013 20 3,240 (2,800)
  Express Scripts Holding Company 70.00 Jan 2013 30 3,763 (2,400)
  Henry Schein, Inc. 80.00 Oct 2012 21 5,292 (2,520)
  Hospira, Inc. 35.00 Nov 2012 40 5,730 (2,300)
  Hospira, Inc. 35.00 Jan 2013 40 6,880 (4,400)
  Incyte Corp. 25.00 Dec 2012 44 5,808 (440)
  Insulet Corp. 22.50 Dec 2012 41 5,156 (4,305)
  Intuitive Surgical, Inc. 550.00 Jan 2013 5 14,985 (5,575)
  McKesson Corp. 95.00 Jan 2013 35 7,361 (1,925)
  McKesson Corp. 100.00 Jan 2013 11 3,239 (165)
  Merck & Company, Inc. 40.00 Jan 2013 42 5,418 (22,575)
  Monsanto Company 90.00 Jan 2013 12 5,424 (6,120)
  Pharmacyclics, Inc. 80.00 Jan 2013 20 10,617 (6,700)
  Pharmacyclics, Inc. 75.00 Feb 2013 49 23,468 (26,215)
  Pharmacyclics, Inc. 85.00 Feb 2013 20 9,490 (6,300)
  Regeneron Pharmaceuticals, Inc. 150.00 Jan 2013 21 16,443 (28,665)
  Regeneron Pharmaceuticals, Inc. 135.00 Jan 2013 35 39,563 (81,375)
  Regeneron Pharmaceuticals, Inc. 170.00 Jan 2013 21 13,406 (10,920)
  Regeneron Pharmaceuticals, Inc. 160.00 Jan 2013 21 17,887 (17,430)
  UnitedHealth Group, Inc. 65.00 Jan 2013 71 10,082 (2,201)
  Valeant Pharmaceuticals International, Inc. 62.50 Nov 2012 59 7,339 (6,343)
  Valeant Pharmaceuticals International, Inc. 65.00 Jan 2013 85 32,719 (13,813)
  Valeant Pharmaceuticals International, Inc. 65.00 Apr 2013 59 26,122 (17,847)
  Vertex Pharmaceuticals, Inc. 70.00 Jan 2013 62 22,598 (8,525)
  Vertex Pharmaceuticals, Inc. 65.00 Jan 2013 62 12,425 (14,415)
  Zimmer Holdings, Inc. 65.00 Jan 2013 24 5,268 (10,920)
  Zimmer Holdings, Inc. 70.00 Jan 2013 61 9,629 (11,285)
        1,644 $483,317 ($583,440)
  Puts          
  Abbott Laboratories $62.50 Jan 2013 46 $27,231 ($3,128)
  Agilent Technologies, Inc. 45.00 Jan 2013 9 8,388 (6,210)
  Alexion Pharmaceuticals, Inc. 95.00 Jan 2013 8 11,336 (2,400)
  Alexion Pharmaceuticals, Inc. 110.00 Jan 2013 10 8,764 (7,650)
  Alexion Pharmaceuticals, Inc. 115.00 Jan 2013 10 11,220 (9,950)
  Allergan, Inc. 90.00 Jan 2013 24 18,898 (7,680)
  AMERIGROUP Corp. 70.00 Jan 2013 14 15,480 (70)
  Amgen, Inc. 85.00 Jan 2013 30 21,279 (12,225)
  Baxter International, Inc. 65.00 Jan 2013 19 30,342 (10,878)
  Baxter International, Inc. 60.00 Jan 2013 19 18,752 (4,788)
  Biogen Idec, Inc. 145.00 Jan 2013 21 41,183 (13,650)
  Biogen Idec, Inc. 115.00 Jan 2013 33 47,131 (2,062)
  Biogen Idec, Inc. 120.00 Jan 2013 25 45,156 (2,438)
  Biogen Idec, Inc. 135.00 Jan 2013 44 76,866 (14,520)
  Biogen Idec, Inc. 140.00 Jan 2013 45 76,563 (20,925)
  Bristol-Myers Squibb Company 34.00 Jan 2013 51 12,220 (8,543)
  Bristol-Myers Squibb Company 35.00 Jan 2013 105 34,986 (24,570)
  Catamaran Corp. 105.00 Oct 2012 12 16,923 (9,060)
  Catamaran Corp. 70.00 Oct 2012 23 21,091 (460)
  Celgene Corp. 60.00 Jan 2013 10 5,720 (820)
  Celgene Corp. 70.00 Jan 2013 8 6,106 (1,800)
  Celgene Corp. 72.50 Jan 2013 8 7,206 (2,347)
  Centene Corp. 32.50 Dec 2012 21 12,332 (2,887)
  Cerner Corp. 80.00 Jan 2013 11 8,638 (7,040)
  Cerner Corp. 85.00 Jan 2013 11 11,735 (10,560)
  Cooper Companies, Inc. 100.00 Feb 2013 39 37,957 (36,855)
  CVS Caremark Corp. 45.00 Jan 2013 96 51,915 (8,496)
  CVS Caremark Corp. 50.00 Jan 2013 110 73,797 (31,955)
  Edwards Lifesciences Corp. 105.00 Jan 2013 10 11,250 (5,850)
  Edwards Lifesciences Corp. 100.00 Jan 2013 10 8,270 (3,900)
  Edwards Lifesciences Corp. 70.00 Jan 2013 14 12,188 (490)
  Edwards Lifesciences Corp. 115.00 Feb 2013 20 25,161 (24,400)
  Eli Lilly & Company 40.00 Jan 2013 127 38,485 (4,318)
  Eli Lilly & Company 48.00 Apr 2013 80 39,905 (27,400)
  Express Scripts, Inc. 55.00 Jan 2013 24 21,052 (2,400)
  Express Scripts, Inc. 50.00 Jan 2013 14 9,128 (595)
  Express Scripts, Inc. 57.50 Jan 2013 23 18,560 (3,496)
  Express Scripts Holding Company 65.00 Feb 2013 30 18,959 (15,675)
  Forest Laboratories, Inc. 40.00 Jan 2013 95 56,239 (48,450)
  Forest Laboratories, Inc. 35.00 Jan 2013 23 10,856 (3,852)
  Forest Laboratories, Inc. 42.00 Feb 2013 51 37,478 (34,680)
  Gilead Sciences, Inc. 60.00 Jan 2013 18 17,522 (3,366)
  Gilead Sciences, Inc. 55.00 Jan 2013 18 12,096 (1,647)
  Gilead Sciences, Inc. 35.00 Jan 2013 15 7,380 (90)
  Gilead Sciences, Inc. 70.00 Feb 2013 10 8,670 (6,725)
  Gilead Sciences, Inc. 70.00 Jan 2014 10 11,870 (10,325)
  HCA Holdings, Inc. 37.00 Mar 2013 29 15,291 (15,225)
  Hospira, Inc. 97.50 Jan 2013 32 48,233 (86,720)
  Hospira, Inc. 85.00 Jan 2013 24 30,111 (37,320)
  Impax Laboratories, Inc. 25.00 Mar 2013 20 6,140 (4,100)
  Incyte Corp. 20.00 Dec 2012 16 4,592 (4,760)
  Intermune, Inc. 20.00 Jan 2013 20 13,571 (22,000)
  Intuitive Surgical, Inc. 500.00 Jan 2013 4 19,897 (12,880)
  Intuitive Surgical, Inc. 400.00 Jan 2013 3 11,991 (1,440)
  Johnson & Johnson 67.50 Jan 2013 32 21,343 (4,144)
  Johnson & Johnson 70.00 Jan 2013 69 57,227 (17,767)
  Medicines Company 25.00 Jan 2013 1 477 (222)
  Medicis Pharmaceutical Corp., Class A 45.00 Oct 2012 43 33,341 (10,535)
  Medicis Pharmaceutical Corp., Class A 38.00 Jan 2013 10 4,738 (2,450)
  Medivation, Inc. 25.00 Jan 2013 8 9,888 (2,248)
  Medivation, Inc. 27.50 Jan 2014 68 78,811 (72,760)
  Mednax, Inc. 70.00 Nov 2012 9 7,207 (1,710)
  Medtronic, Inc. 40.00 Jan 2013 45 23,040 (4,230)
  Merck & Company, Inc. 45.00 Jan 2013 48 40,055 (8,328)
  Merck & Company, Inc. 46.00 Jan 2013 21 11,378 (4,788)
  Monsanto Company 75.00 Jan 2013 11 8,077 (968)
  Monsanto Company 90.00 Jan 2013 14 10,568 (6,510)
  Monsanto Company 80.00 Jan 2013 16 26,591 (2,504)
  Nuance Communications, Inc. 30.00 Jan 2013 35 21,598 (19,600)
  Nuance Communications, Inc. 25.00 Jan 2013 13 4,841 (2,795)
  Nuance Communications, Inc. 25.00 Jan 2014 9 6,363 (4,230)
  ONYX Pharmaceuticals, Inc. 70.00 Jan 2013 31 30,906 (9,145)
  ONYX Pharmaceuticals, Inc. 75.00 Jan 2013 31 42,400 (13,795)
  ONYX Pharmaceuticals, Inc. 75.00 Feb 2013 20 18,840 (10,600)
  ONYX Pharmaceuticals, Inc. 90.00 Jan 2014 21 34,805 (34,545)
  ONYX Pharmaceuticals, Inc. 75.00 Jan 2014 17 23,648 (15,385)
  Pfizer, Inc. 22.50 Jan 2013 146 39,275 (3,504)
  Pfizer, Inc. 27.00 Jan 2013 220 119,521 (54,670)
  Pfizer, Inc. 25.00 Jan 2013 194 85,746 (20,176)
  Pharmacyclics, Inc. 60.00 Jan 2013 10 6,470 (6,000)
  Pharmacyclics, Inc. 65.00 Feb 2013 10 9,670 (9,300)
  Quest Diagnostics, Inc. 60.00 Nov 2012 13 7,127 (1,073)
  Quest Diagnostics, Inc. 65.00 Feb 2013 28 19,376 (12,180)
  Regeneron Pharmaceuticals, Inc. 115.00 Jan 2013 8 14,134 (1,500)
  Regeneron Pharmaceuticals, Inc. 105.00 Jan 2013 18 32,079 (1,755)
  St. Jude Medicals, Inc. 40.00 Jan 2013 31 14,037 (4,805)
  St. Jude Medicals, Inc. 45.00 Jan 2013 17 15,419 (7,140)
  Stryker Corp. 65.00 Jan 2013 5 7,785 (4,775)
  Stryker Corp. 60.00 Jan 2013 12 13,914 (6,240)
  Teva Pharmaceuticals Industries, Ltd., ADR 45.00 Jan 2013 15 13,755 (6,450)
  Teva Pharmaceuticals Industries, Ltd., ADR 50.00 Jan 2013 35 31,657 (30,975)
  Teva Pharmaceuticals Industries, Ltd., ADR 52.50 Jan 2013 14 12,523 (15,890)
  Teva Pharmaceuticals Industries, Ltd., ADR 55.00 Jan 2013 9 9,783 (12,443)
  UnitedHealth Group, Inc. 55.00 Jan 2013 12 9,239 (3,378)
  Valeant Pharmaceuticals International, Inc. 50.00 Jan 2013 8 6,286 (2,460)
  Valeant Pharmaceuticals International, Inc. 47.00 Jan 2013 14 11,788 (3,115)
  Valeant Pharmaceuticals International, Inc. 45.00 Jan 2013 14 10,388 (2,485)
  Valeant Pharmaceuticals International, Inc. 60.00 Jan 2013 11 16,137 (8,525)
  Vertex Pharmaceuticals, Inc. 65.00 Jan 2013 63 84,185 (71,190)
  Vertex Pharmaceuticals, Inc. 45.00 Jan 2013 46 55,521 (6,555)
  Vertex Pharmaceuticals, Inc. 60.00 Jan 2013 12 13,469 (9,480)
  Vertex Pharmaceuticals, Inc. 55.00 Jan 2013 10 8,270 (5,000)
  Warner Chilcott PLC, Class A 16.00 Jan 2013 26 12,922 (7,865)
  Watson Pharmaceuticals, Inc. 65.00 Nov 2012 2 1,194 (30)
  Watson Pharmaceuticals, Inc. 80.00 Nov 2012 53 45,721 (7,288)
  WellPoint, Inc. 70.00 Jan 2013 45 36,989 (57,375)
  Zimmer Holdings, Inc. 70.00 Jan 2013 20 15,190 (8,800)
  Zimmer Holdings, Inc. 65.00 Jan 2013 15 17,205 (3,038)
  Zimmer Holdings, Inc. 70.00 Mar 2013 16 11,072 (8,320)
        3,326 $2,598,099 ($1,299,110)
             
Mutual Shares Trust            
The Portfolio used written options to manage against anticipated changes in securities and maintain diversity and liquidity of the Portfolio.
Portfolio Name of Issuer Exercise Price Expiration Date Number of Contracts Premium Value
Mutual Shares Trust Calls          
  International Paper Company $37.00 Oct 2012 216 $18,924 ($12,636)
        216 $18,924 ($12,636)

 

Options on Securities (OTC)            
             
Global Bond Trust              
The Portfolio used written options to manage interest rate changes and maintain diversity and liquidity of the Portfolio.  
Portfolio Name of Issuer Counterparty Exercise Price Expiration Date Number of Contracts Premium Value
Global Bond Trust Calls            
  FNMA TBA 3.5% November 30-Year Credit Suisse International $105.91 Nov 2012 5,000,000 $23,437 ($60,345)
  FNMA TBA 3.5% November 30-Year The Royal Bank of Scotland PLC 105.91 Nov 2012 3,000,000 15,000 (36,207)
          8,000,000 $38,437 ($96,552)
  Puts            
  FNMA TBA 3.5% November 30-Year Credit Suisse International $105.91 Nov 2012 5,000,000 $23,437 ($4,885)
  FNMA TBA 3.5% November 30-Year The Royal Bank of Scotland PLC 105.91 Nov 2012 3,000,000 15,000 (2,931)
          8,000,000 $38,437 ($7,816)

 

Interest Rate Swaptions (OTC)                  
An interest rate swaption is an option to enter into an interest rate swap.
 

 

Global Bond Trust

                  
The Portfolio used interest rate swaptions to manage against anticipated interest rate changes and maintain diversity and liquidity of the Portfolio.
Portfolio Description Counterparty Floating Rate Index Pay/Receive Floating Rate Exercise Rate Expiration Date   Notional Amount Premium Value
Global Bond Trust Calls                  
  1-Year Interest Rate Swap JPMorgan Chase Bank 3 Month USD-LIBOR Receive 0.80% Oct 2012 USD 3,100,000                       - ($14,232)
  2-Year Interest Rate Swap Morgan Stanley Capital Services, Inc. 3 Month USD-LIBOR Receive 0.92% Nov 2012 USD 15,200,000                       - (164,196)
  5-Year Interest Rate Swap Bank of America N.A. 3 Month USD-LIBOR Receive 1.40% Mar 2013 USD 4,300,000 $29,670 (107,862)
  5-Year Interest Rate Swap Deutsche Bank AG 3 Month USD-LIBOR Receive 1.70% Mar 2013 USD 67,200,000 797,610 (2,627,460)
  5-Year Interest Rate Swap Deutsche Bank AG 3 Month USD-LIBOR Receive 1.40% Mar 2013 USD 12,000,000 63,460 (301,010)
  5-Year Interest Rate Swap Morgan Stanley Capital Services, Inc. 3 Month USD-LIBOR Receive 1.70% Mar 2013 USD 5,700,000 80,370 (222,865)
                107,500,000 $971,110 ($3,437,625)
  Puts                  
  1-Year Interest Rate Swap JPMorgan Chase Bank 3 Month USD-LIBOR Receive 0.80% Oct 2012 USD 3,100,000                     -                       -  
  2-Year Interest Rate Swap Morgan Stanley Capital Services, Inc. 3 Month USD-LIBOR Receive 0.92% Nov 2012 USD 15,200,000                     -  ($112)
  5-Year Interest Rate Swap Bank of America N.A. 3 Month USD-LIBOR Receive 1.40% Mar 2013 USD 4,300,000 $102,340 (5,845)
  5-Year Interest Rate Swap Deutsche Bank AG 3 Month USD-LIBOR Receive 1.40% Mar 2013 USD 12,000,000 335,740 (16,312)
  5-Year Interest Rate Swap Deutsche Bank AG 3 Month USD-LIBOR Receive 1.70% Mar 2013 USD 67,200,000 1,265,650 (37,175)
  5-Year Interest Rate Swap Morgan Stanley Capital Services, Inc. 3 Month USD-LIBOR Receive 1.70% Mar 2013 USD 5,700,000 94,620 (3,153)
  5-Year Interest Rate Swap Bank of America N.A. 3 Month USD-LIBOR Receive 2.50% Sep 2015 USD 30,000,000 570,000 (516,393)
  5-Year Interest Rate Swap Citibank N.A. 3 Month USD-LIBOR Receive 2.50% Sep 2015 USD 15,100,000 284,624 (259,918)
                152,600,000 $2,652,974 ($838,908)
                     
Real Return Bond Trust              
The Portfolio used interest rate swaptions to manage against anticipated interest rate changes and maintain diversity and liquidity of the Portfolio.  
Portfolio Name of Issuer Counterparty Floating Rate Index Pay/Receive Floating Rate Exercise Rate Expiration Date   Notional Amount Premium Value
Real Return Bond Trust Calls                  
  1-Year Interest Rate Swap Goldman Sachs International 3 Month USD-LIBOR Receive 0.80% Oct 2012 USD 900,000                       - ($4,132)
  1-Year Interest Rate Swap JPMorgan Chase Bank 3 Month USD-LIBOR Receive 0.80% Oct 2012 USD 900,000                       - (4,132)
  2-Year Interest Rate Swap Morgan Stanley Capital Services, Inc. 3 Month USD-LIBOR Receive 1.06% Oct 2012 USD 1,900,000                       - (26,055)
  2-Year Interest Rate Swap Morgan Stanley Capital Services, Inc. 3 Month USD-LIBOR Receive 0.92% Nov 2012 USD 2,200,000                       - (23,765)
  5-Year Interest Rate Swap Citibank N.A. 3 Month USD-LIBOR Receive 1.70% Mar 2013 USD 1,000,000 $11,800 (39,099)
  5-Year Interest Rate Swap Deutsche Bank AG 3 Month USD-LIBOR Receive 1.70% Mar 2013 USD 3,100,000 36,650 (121,207)
  5-Year Interest Rate Swap JPMorgan Chase Bank 3 Month USD-LIBOR Receive 0.75% Mar 2013 USD 1,500,000 3,450 (3,454)
  5-Year Interest Rate Swap The Royal Bank of Scotland PLC 3 Month USD-LIBOR Receive 0.75% Mar 2013 USD 2,800,000 6,615 (6,447)
                14,300,000 $58,515 ($228,291)
                     
  Puts                  
  1-Year Interest Rate Swap Goldman Sachs International 3 Month USD-LIBOR Receive 0.80% Oct 2012 USD 900,000                     -                       - 
  1-Year Interest Rate Swap JPMorgan Chase Bank 3 Month USD-LIBOR Receive 0.80% Oct 2012 USD 900,000                     -                      - 
  2-Year Interest Rate Swap Morgan Stanley Capital Services, Inc. 3 Month USD-LIBOR Receive 1.06% Oct 2012 USD 1,900,000                     -                      - 
  2-Year Interest Rate Swap Morgan Stanley Capital Services, Inc. 3 Month USD-LIBOR Receive 0.92% Nov 2012 USD 2,200,000                     -  ($16)
  5-Year Interest Rate Swap Citibank N.A. 3 Month USD-LIBOR Receive 1.70% Mar 2013 USD 1,000,000 $18,800 (553)
  5-Year Interest Rate Swap Deutsche Bank AG 3 Month USD-LIBOR Receive 1.70% Mar 2013 USD 3,100,000 60,375 (1,715)
  5-Year Interest Rate Swap JPMorgan Chase Bank 3 Month USD-LIBOR Receive 1.40% Mar 2013 USD 1,500,000 3,900 (2,039)
  5-Year Interest Rate Swap The Royal Bank of Scotland PLC 3 Month USD-LIBOR Receive 1.40% Mar 2013 USD 2,800,000 6,615 (3,806)
  5-Year Interest Rate Swap Deutsche Bank AG 3 Month USD-LIBOR Receive 2.85% Apr 2014 USD 3,000,000 36,000 (7,104)
  10-Year Interest Rate Swap Deutsche Bank AG 6 Month EURIBOR Receive 2.76% Jan 2013 EUR 500,000 2,646 (2,352)
                17,800,000 $128,336 ($17,585)
                     
Total Return Trust                  
The Portfolio used interest rate swaptions to manage against anticipated interest rate changes and maintain diversity and liquidity of the Portfolio. 
Portfolio Description Counterparty Floating Rate Index Pay/Receive Floating Rate Exercise Rate Expiration Date   Notional Amount Premium Value
Total Return Trust Calls                  
  5-Year Interest Rate Swap Citibank N.A. 3 Month USD-LIBOR Receive 0.90% Oct 2012 USD 8,300,000 $29,154 ($49,651)
  5-Year Interest Rate Swap Citibank N.A. 3 Month USD-LIBOR Receive 0.85% Oct 2012 USD 15,700,000 51,025 (59,396)
  5-Year Interest Rate Swap Credit Suisse International 3 Month USD-LIBOR Receive 0.85% Oct 2012 USD 9,200,000 12,420 (34,805)
  5-Year Interest Rate Swap JPMorgan Chase Bank 3 Month USD-LIBOR Receive 0.85% Oct 2012 USD 14,400,000 43,920 (54,478)
  5-Year Interest Rate Swap Morgan Stanley Capital Services, Inc. 3 Month USD-LIBOR Receive 0.90% Oct 2012 USD 17,000,000 58,650 (101,694)
  5-Year Interest Rate Swap The Royal Bank of Scotland PLC 3 Month USD-LIBOR Receive 0.85% Oct 2012 USD 110,600,000 181,450 (418,421)
  5-Year Interest Rate Swap UBS AG 3 Month USD-LIBOR Receive 0.85% Oct 2012 USD 11,800,000 36,580 (44,642)
  5-Year Interest Rate Swap Citibank N.A. 6 Month EURIBOR Receive 1.16% Jan 2013 EUR 5,000,000 21,740 (18,701)
  5-Year Interest Rate Swap Credit Suisse International 6 Month EURIBOR Receive 1.16% Jan 2013 EUR 1,400,000 5,965 (5,236)
  5-Year Interest Rate Swap Bank of America N.A. 3 Month USD-LIBOR Receive 0.75% Mar 2013 USD 22,500,000 45,000 (51,804)
  5-Year Interest Rate Swap Credit Suisse International 3 Month USD-LIBOR Receive 1.40% Mar 2013 USD 7,300,000 67,890 (183,115)
  5-Year Interest Rate Swap Morgan Stanley Capital Services, Inc. 3 Month USD-LIBOR Receive 1.40% Mar 2013 USD 11,000,000 102,850 (275,926)
  7-Year Interest Rate Swap Bank of America N.A. 3 Month USD-LIBOR Receive 1.20% Oct 2012 USD 11,300,000 10,170 (30,170)
  7-Year Interest Rate Swap Credit Suisse International 3 Month USD-LIBOR Receive 1.20% Oct 2012 USD 7,500,000 6,750 (20,024)
  7-Year Interest Rate Swap Morgan Stanley Capital Services, Inc. 3 Month USD-LIBOR Receive 1.20% Oct 2012 USD 17,300,000 30,275 (46,189)
  7-Year Interest Rate Swap Deutsche Bank AG 3 Month USD-LIBOR Receive 1.15% Nov 2012 USD 14,700,000 23,520 (46,311)
  10-Year Interest Rate Swap The Royal Bank of Scotland PLC 3 Month USD-LIBOR Receive 1.50% May 2013 USD 10,000,000 75,500 (79,088)
                295,000,000 $802,859 ($1,519,651)
                     
  Puts                  
  1-Year Interest Rate Swap The Royal Bank of Scotland PLC 3 Month USD-LIBOR Receive 1.75% Nov 2012 USD 60,600,000 $228,765 ($6)
  1-Year Interest Rate Swap Bank of America N.A. 3 Month USD-LIBOR Receive 2.25% May 2013 USD 56,900,000 281,655 (1,588)
  2-Year Interest Rate Swap Citibank N.A. 3 Month USD-LIBOR Receive 0.92% Nov 2012 USD 20,100,000 90,450 (149)
  2-Year Interest Rate Swap Morgan Stanley Capital Services, Inc. 3 Month USD-LIBOR Receive 0.92% Nov 2012 USD 139,500,000 387,251 (1,032)
  2-Year Interest Rate Swap Deutsche Bank AG 3 Month USD-LIBOR Receive 1.20% Jul 2013 USD 36,800,000 259,725 (11,636)
  5-Year Interest Rate Swap Citibank N.A. 3 Month USD-LIBOR Receive 0.90% Oct 2012 USD 8,300,000 29,154 (1,163)
  5-Year Interest Rate Swap Citibank N.A. 3 Month USD-LIBOR Receive 0.85% Oct 2012 USD 15,700,000 51,025 (6,600)
  5-Year Interest Rate Swap Credit Suisse International 3 Month USD-LIBOR Receive 1.20% Oct 2012 USD 9,200,000 7,590 (1)
  5-Year Interest Rate Swap JPMorgan Chase Bank 3 Month USD-LIBOR Receive 0.85% Oct 2012 USD 14,400,000 43,920 (6,054)
  5-Year Interest Rate Swap Morgan Stanley Capital Services, Inc. 3 Month USD-LIBOR Receive 0.90% Oct 2012 USD 17,000,000 58,650 (2,382)
  5-Year Interest Rate Swap The Royal Bank of Scotland PLC 3 Month USD-LIBOR Receive 0.85% Oct 2012 USD 16,400,000 51,250 (6,895)
  5-Year Interest Rate Swap The Royal Bank of Scotland PLC 3 Month USD-LIBOR Receive 1.20% Oct 2012 USD 94,200,000 145,373 (9)
  5-Year Interest Rate Swap UBS AG 3 Month USD-LIBOR Receive 0.85% Oct 2012 USD 11,800,000 36,580 (4,961)
  5-Year Interest Rate Swap Citibank N.A. 6 Month EURIBOR Receive 1.41% Jan 2013 EUR 5,000,000 31,804 (33,832)
  5-Year Interest Rate Swap Credit Suisse International 6 Month EURIBOR Receive 1.41% Jan 2013 EUR 1,400,000 9,174 (9,473)
  5-Year Interest Rate Swap Bank of America N.A. 3 Month USD-LIBOR Receive 1.20% Mar 2013 USD 22,500,000 113,625 (56,507)
  5-Year Interest Rate Swap Credit Suisse International 3 Month USD-LIBOR Receive 1.40% Mar 2013 USD 7,300,000 140,889 (9,923)
  5-Year Interest Rate Swap Deutsche Bank AG 3 Month USD-LIBOR Receive 2.00% Mar 2013 USD 19,800,000 186,009 (4,465)
  5-Year Interest Rate Swap Morgan Stanley Capital Services, Inc. 3 Month USD-LIBOR Receive 1.20% Mar 2013 USD 61,000,000 331,377 (153,195)
  5-Year Interest Rate Swap Morgan Stanley Capital Services, Inc. 3 Month USD-LIBOR Receive 1.40% Mar 2013 USD 11,000,000 213,400 (14,952)
  5-Year Interest Rate Swap The Royal Bank of Scotland PLC 3 Month USD-LIBOR Receive 1.20% Mar 2013 USD 17,900,000 90,843 (44,954)
  5-Year Interest Rate Swap The Royal Bank of Scotland PLC 3 Month USD-LIBOR Receive 1.75% May 2013 USD 37,600,000 278,965 (48,831)
  7-Year Interest Rate Swap Bank of America N.A. 3 Month USD-LIBOR Receive 1.60% Oct 2012 USD 11,300,000 46,330 (38)
  7-Year Interest Rate Swap Credit Suisse International 3 Month USD-LIBOR Receive 1.60% Oct 2012 USD 7,500,000 31,125 (26)
  7-Year Interest Rate Swap Morgan Stanley Capital Services, Inc. 3 Month USD-LIBOR Receive 1.60% Oct 2012 USD 17,300,000 50,170 (59)
  7-Year Interest Rate Swap Deutsche Bank AG 3 Month USD-LIBOR Receive 1.55% Nov 2012 USD 14,700,000 34,545 (14,872)
                735,200,000 $3,229,644 ($433,603)

 

Credit Default Swaptions (OTC)                  
A credit default swaption is an option to enter into a credit default swap.              
                     
High Yield Trust                  
The Portfolio used credit default swaptions to manage against a decline in the overall high yield index.
Portfolio Description Counterparty Index Buy/Sell Protection Exercise Rate Expiration Date   Notional Amount Premium Value
High Yield Trust Calls                  
  5-Year Credit Default Swap BNP Paribas MARKIT CDX.NA.HY.18 Buy 0.99% Oct 2012 USD 7,326,000 $35,897 ($126,399)
  5-Year Credit Default Swap BNP Paribas MARKIT CDX.NA.HY.18 Buy 0.99% Oct 2012 USD 5,445,000 26,681 (93,945)
                12,771,000 $62,578 ($220,344)
                     
  Puts                  
  5-Year Credit Default Swap BNP Paribas MARKIT CDX.NA.HY.18 Sell 0.95% Oct 2012 USD 7,326,000 $27,839 ($3,987)
  5-Year Credit Default Swap BNP Paribas MARKIT CDX.NA.HY.18 Sell 0.95% Oct 2012 USD 5,445,000 15,790 (2,963)
                12,771,000 $43,629 ($6,950)

 

Inflation Floors (OTC)                
Inflation floors are instruments where in return for a premium, one party agrees to make payments to the other to the extent that interest rates fall below a specified rate (based on the Consumer Price Index or other measure), or “floor”.
                   
Global Bond Trust                
The Portfolio used inflation floors to manage against anticipated interest rate changes, manage duration and as a substitute for securities purchased.  
                   
Portfolio Description Counterparty Strike Index Exercise Index Expiration Date   Notional Amount Premium Value
Global Bond Trust Floor- OTC CPURNSA Index Citibank NA 217.97 Maximum of ((1+0.0%)10 - (Index Final/Index Initial)) or $0 Sep 2020 USD 2,000,000 $25,800 ($3,035)
  Floor- OTC CPURNSA Index Deutsche Bank AG 218.01 Maximum of ((1+0.0%)10 - (Index Final/Index Initial)) or $0 Oct 2020 USD 2,300,000 22,540 (5,241)
              4,300,000 $48,340 ($8,276)
                   
Real Return Bond Trust                
The Portfolio used inflation floors to manage against anticipated interest rate changes, manage duration and as a substitute for securities purchased. 
                   
Portfolio Description Counterparty Strike Index Exercise Index Expiration Date   Notional Amount Premium Value
Real Return Bond Trust Floor- OTC CPURNSA Index Citibank NA 216.69 Maximum of ((1+0.0%)10 - (Index Final/Index Initial)) or $0 Apr 2020 USD 2,600,000 $23,160 ($3,810)
  Floor- OTC CPURNSA Index Citibank NA 217.97 Maximum of ((1+0.0%)10 - (Index Final/Index Initial)) or $0 Sep 2020 USD 200,000 2,580 (303)
              2,800,000 $25,740 ($4,113)
                   
Total Return Trust              
The Portfolio used inflation floors to manage against anticipated interest rate changes, manage duration and as a substitute for securities purchased. 
                   
Portfolio Description Counterparty Strike Index Exercise Index Expiration Date   Notional Amount Premium Value
Total Return Trust Floor- OTC CPURNSA Index Deutsche Bank AG 215.95 Maximum of ((1+0.0%)10 - (Index Final/Index Initial)) or $0 Mar 2020 USD 2,600,000 $19,500 ($5,480)
  Floor- OTC CPURNSA Index Citibank N.A. 215.95 Maximum of ((1+0.0%)10 - (Index Final/Index Initial)) or $0 Mar 2020 USD 7,500,000 63,460 (10,599)
  Floor- OTC CPURNSA Index Citibank N.A. 216.69 Maximum of ((1+0.0%)10 - (Index Final/Index Initial)) or $0 Apr 2020 USD 17,900,000 159,640 (26,228)
  Floor- OTC CPURNSA Index Citibank N.A. 217.97 Maximum of ((1+0.0%)10 - (Index Final/Index Initial)) or $0 Sep 2020 USD 6,900,000 89,010 (10,470)
  Floor- OTC CPURNSA Index Deutsche Bank AG 218.01 Maximum of ((1+0.0%)10 - (Index Final/Index Initial)) or $0 Oct 2020 USD 7,100,000 69,580 (16,181)
              42,000,000 $401,190 ($68,958)
                     

 

Swaps. The Portfolios may enter into interest rate, credit default, and other forms of swap agreements. Swap agreements are agreements between a Portfolio and counterparty to exchange cash flows, assets, foreign currencies or market-linked returns at specified intervals. Swap agreements are privately negotiated in the over-the-counter market (OTC swaps) or may be executed on a registered commodities exchange (centrally cleared swaps). Swaps are marked-to-market daily and the change in value is recorded as a component of unrealized appreciation/depreciation of swap contracts. The value of the swap will typically implicate collateral posting obligations by the party that is considered out-of-the-money on the swap.

 

Entering into swap agreements involves, to varying degrees, elements of credit, market and documentation risk. Such risks involve the possibility that there will be no liquid market for the swap, or that a counterparty may default on its obligation or delay payment under the swap terms. The counterparty may disagree or contest the terms of the swap. Market risks may also accompany the swap, including interest rate risk. A Portfolio may also suffer losses if it is unable to terminate or assign outstanding swaps or reduce its exposure through offsetting transactions.

 

Interest rate swaps. Interest rate swaps represent an agreement between a Portfolio and counterparty to exchange cash flows based on the difference between two interest rates applied to a notional amount. The payment flows are usually netted against each other, with the difference being paid by one party to the other. The Portfolio settles accrued net interest receivable or payable under the swap contracts at specified, future intervals.

 

The following table summarizes the contracts held at September 30, 2012, and details how the Portfolios used interest rate swap contracts during the period ended September 30, 2012.

 

Global Bond Trust                  
The Portfolio used interest rate swaps manage against anticipated interest rate changes, manage duration and as a substitute for securities purchased.
                     
Portfolio Counterparty Notional Amount Currency USD Notional Amount Payments Made By Portfolio Payments Received By Portfolio Maturity Date Unamortized Upfront Payment Paid (Received) Unrealized Appreciation (Depreciation) Market Value
Global Bond Trust 
  Barclays Bank PLC                       23,000,000 MXN $1,961,796 MXN-TIIE-Banxico Fixed 6.750% Jun 2016 $7,653 $94,919 $102,572
  Barclays Bank PLC                       87,900,000 MXN 6,367,369 MXN-TIIE-Banxico Fixed 5.500% Sep 2017 (22,286) 101,114 78,828
  Citibank N.A.                               200,000 AUD 211,630 AUD-BBR-BBSW Fixed 5.000% Jun 2022 (782) 24,504 23,722
  Credit Suisse International 1,360,000,000 JPY 17,355,794 6 Month LIBOR Fixed 2.000% Dec 2041 1,687,524 (70,830) 1,616,694
  Deutsche Bank AG 2,100,000 AUD 2,222,114 AUD-BBR-BBSW Fixed 5.000% Jun 2022 (7,386) 256,467 249,081
  Goldman Sachs 7,500,000 MXN 552,384 MXN-TIIE-Banxico Fixed 5.600% Sep 2016 (6,018) 16,063 10,045
  HSBC Bank USA 44,400,000 MXN 3,819,996 MXN-TIIE-Banxico Fixed 6.590% Dec 2015 10,452 149,781 160,233
  HSBC Bank USA 20,500,000 MXN 1,763,858 MXN-TIIE-Banxico Fixed 6.750% Jun 2016 8,754 82,669 91,423
  HSBC Bank USA 58,400,000 MXN 4,758,490 MXN-TIIE-Banxico Fixed 5.800% Jun 2016 1,862 108,360 110,222
  HSBC Bank USA 29,700,000 MXN 2,150,395 MXN-TIIE-Banxico Fixed 5.500% Sep 2017 (7,870) 34,505 26,635
  HSBC Bank USA 10,700,000 MXN 880,677 MXN-TIIE-Banxico Fixed 6.960% Jul 2020 (40,138) 112,574 72,436
  Morgan Stanley Capital Services, Inc. 69,900,000 MXN 5,788,241 MXN-TIIE-Banxico Fixed 6.590% Dec 2015 (52,939) 305,198 252,259
  Morgan Stanley Capital Services, Inc. 2,800,000 MXN 235,187 MXN-TIIE-Banxico Fixed 6.750% Jun 2016 2,066 10,421 12,487
  Morgan Stanley Capital Services, Inc. 51,100,000 MXN 3,697,201 MXN-TIIE-Banxico Fixed 5.500% Sep 2017 (9,931) 55,757 45,826
  The Royal Bank of Scotland PLC              380,000,000 JPY 4,735,498 6 Month LIBOR Fixed 1.500% Dec 2021 90,866 281,361 372,227
Centrally Cleared Swap 
    6,370,000,000 JPY 81,048,514 6 Month LIBOR Fixed 1.000% Mar 2023 743,186 469,400 1,212,586
        $137,549,144       $2,405,013 $2,032,263 $4,437,276

 

Investment Quality Bond Trust                  
The Portfolio used interest rate swaps to manage against anticipated interest rate changes. 
                     
Portfolio Counterparty Notional Amount Currency USD Notional Amount Payments Made By Portfolio Payments Received By Portfolio Maturity Date Unamortized Upfront Payment Paid (Received) Unrealized Appreciation (Depreciation) Market Value
Investment Quality Bond Trust 
  JP Morgan Chase Bank, N.A. 5,100,000 USD $5,100,000 Fixed 4.318% 3 Month LIBOR Dec 2028                       - ($1,545,126) ($1,545,126)
  JP Morgan Chase Bank, N.A. 2,100,000 USD 2,100,000 Fixed 3.425% 3 Month LIBOR Jun 2039                       - (390,840) (390,840)
        $7,200,000                             - ($1,935,966) ($1,935,966)

 

Real Return Bond Trust                  
The Portfolio used interest rate swaps manage against anticipated interest rate changes, manage duration and as a substitute for securities purchased.
                     
Portfolio Counterparty Notional Amount Currency USD Notional Amount Payments Made By Portfolio Payments Received By Portfolio Maturity Date Unamortized Upfront Payment Paid (Received) Unrealized Appreciation (Depreciation) Market Value
Real Return Bond Trust  
  BNP Paribas 500,000 USD $500,000 Fixed 2.500% CPURNSA Jul 2022 $3,100                         - $3,100
  Goldman Sachs 385,772 BRL 246,670 CDI Fixed 8.255% Jan 2015 406 $45 451
  Goldman Sachs 383,971 BRL 246,913 CDI Fixed 8.410% Jan 2015 1,145 50 1,195
  HSBC Bank USA, N.A 1,213,453 BRL 785,006 CDI Fixed 8.825% Jan 2015 9,323 1,030 10,353
  Morgan Stanley Capital Services, Inc. 10,375,017 BRL 6,711,101 CDI Fixed 8.630% Jan 2015 66,142 (4,810) 61,332
  UBS AG 2,957,703 BRL 1,924,056 CDI Fixed 8.826% Jan 2015 4,096 (367) 3,729
Centrally Cleared Swap 
    2,000,000 USD 2,000,000 Fixed 2.500% 3 Month LIBOR Dec 2042 92,970 (35,805) 57,165
        $12,413,746       $177,182 ($39,857) $137,325

 

Total Return Trust                  
The Portfolio used interest rate swaps to manage against anticipated interest rate changes, manage duration and as a substitute for securities purchased.
                     
Portfolio Counterparty Notional Amount Currency USD Notional Amount Payments Made By Portfolio Payments Received By Portfolio  Maturity Date Unamortized Upfront Payment Unrealized Appreciation (Depreciation) Market Value
Total Return Trust  
  Barclays Bank PLC 341,700,000 MXN $25,180,510 MXN-TIIE-Banxico Fixed 5.600% Sep 2016 $131,404 $326,272 $457,676
  Barclays Bank PLC 87,000,000 MXN 6,291,655 MXN-TIIE-Banxico Fixed 5.500% Sep 2017 (48,142) 126,163 78,021
  HSBC Bank U.S.A. 248,800,000 MXN 19,069,343 MXN-TIIE-Banxico Fixed 5.600% Sep 2016 75,933 257,312 333,245
  HSBC Bank U.S.A. 40,000,000 MXN 2,868,671 MXN-TIIE-Banxico Fixed 5.500% Sep 2017 (16,363) 52,235 35,872
  Morgan Stanley Capital Services, Inc. 13,600,000 MXN 1,105,893 MXN-TIIE-Banxico Fixed 5.600% Sep 2016 2,158 16,058 18,216
  Morgan Stanley Capital Services, Inc. 11,100,000 MXN 906,274 MXN-TIIE-Banxico Fixed 6.350% Jun 2021 2,350 37,047 39,397
  Morgan Stanley Capital Services, Inc. 50,000,000 MXN 3,608,427 MXN-TIIE-Banxico Fixed 5.500% Sep 2017 (21,660) 66,499 44,839
Centrally Cleared Swaps
    87,400,000 USD 87,400,000 Fixed 4.250% 3 Month LIBOR Jun 2041 (22,596,423) (8,753,287) (31,349,710)
    46,700,000 USD 46,700,000 Fixed 2.750% 3 Month LIBOR Jun 2042 (2,379,721) 628,724 (1,750,997)
        $193,130,773       ($24,850,464) ($7,242,977) ($32,093,441)
 

 

The following are abbreviations for the tables above:

  
  BBR Bank Bill Rate  
  BBSW Bank Bill Swap Rate  
  CDI Brazil Interbank Deposit Rate  
  CPURNSA Consumer Price Index — Urban Non-Seasonally adjusted  
  LIBOR London Interbank Offered Rate  
  TIIE Tasa de Intere's Interbancaria de Equilibrio (Interbank Equilibrium Interest Rate)  
                           

 

Currency swaps. A currency swap is an agreement between a Portfolio and counterparty to exchange cash flows based on the notional difference among two or more currencies.

 

The following table summarizes the contracts held at September 30, 2012, and details how the Portfolio used currency swap contracts during the period ended September 30, 2012.

 

Global Bond Trust                
The Portfolio used currency swaps to manage against anticipated currency exchange rate changes and to gain exposure to foreign currency.    
                   
Portfolio Counterparty Receive Pay Maturity Date * Notional Amount of Currency Received Notional Amount of Currency Delivered Unamortized Upfront Payment Paid (Received) Unrealized Appreciation (Depreciation) Market Value
Global Bond Trust 
  BNP Paribas Floating rate equal to 3 Month USD-LIBOR based on the notional amount of currency delivered Floating rate equal to 3 Month JPY-LIBOR less 0.7550% based on the notional amount of the currency received May 2014 $9,800,000 JPY 784,000,000                          - ($316,281) ($316,281)
  Deutsche Bank AG Floating rate equal to 3 Month USD-LIBOR based on the notional amount of currency delivered Floating rate equal to 3 Month JPY-LIBOR less 0.6225% based on the notional amount of the currency received Jul 2014 37,926,675 JPY 3,000,000,000 ($2,398)         (846,635)       (849,033)
              ($2,398) ($1,162,916) ($1,165,314)
* At the maturity date, the notional amount of the currency received will be exchanged back for the notional amount of the currency delivered.    
                     

 

Credit default swaps. Credit default swaps (CDS) involve the exchange of a fixed rate premium (paid by the Buyer), for protection against the loss in value of an underlying debt instrument, referenced entity or index, in the event of a defined credit event (such as payment default or bankruptcy). Under the terms of the swap, one party acts as a “guarantor” (the Seller), receiving the premium and agreeing to remedies that are specified within the credit default agreement. A Portfolio may enter into CDS in which it may act as either Buyer or Seller. By acting as the Seller, a Portfolio may incur economic leverage since it would be obligated to pay the Buyer the notional amount of the contract in the event of a default. The amount of loss in such case would be reduced by any recovery value on the underlying credit.

 

The following table summarizes the credit default swap contracts the Portfolios held as of September 30, 2012, as a Buyer of protection.

 

Core Allocation Plus Trust                  

The Portfolio used credit default swaps to manage against potential credit events.

 

Portfolio Counterparty Reference Obligation Notional Amount Currency USD Notional Amount (Pay)/Receive Fixed Rate  Maturity Date Unamortized Upfront Payment Paid (Received) Unrealized Appreciation (Depreciation) Market Value
Core Allocation Plus Trust  
  Goldman Sachs Macy's, Inc. 205,000 USD $205,000 (1.000)% Mar 2017 $871 ($353) $518
  Goldman Sachs CDX-NAHYS18V2-5Y 257,400 USD 257,400 (5.000)% Jun 2017 8,148 (9,907) (1,759)
  Goldman Sachs CDX-NAHYS18V2-5Y 544,500 USD 544,500 (5.000)% Jun 2017 8,343 (12,064) (3,721)
  Goldman Sachs ITRAXX-XOVERS17V1-5Y 75,000 EUR 97,916 (5.000)% Jun 2017 (1,272) 1,172 (100)
  Goldman Sachs ITRAXX-EUROPES18V1-5Y 175,000 EUR 225,146 (1.000)% Dec 2017 4,519 (592) 3,927
  Goldman Sachs ABX.HE.PENAAA.07-1 18,398 USD 18,398 (0.090)% Aug 2037 7,589                   - 7,589
  Goldman Sachs ABX.HE.AAA.06-1 37,483 USD 37,483 (0.180)% Jul 2045 3,050 (808) 2,242
  Goldman Sachs ABX.HE.AAA.06-1 23,067 USD 23,067 (0.180)% Jul 2045 1,950 (570) 1,380
  Goldman Sachs ABX.HE.PENAAA.06-2 23,717 USD 23,717 (0.110)% May 2046 7,100 (2,092) 5,008
  Goldman Sachs ABX.HE.PENAAA.06-2 45,062 USD 45,062 (0.110)% May 2046 11,204 (1,690) 9,514
  Goldman Sachs CMBX.NA.A.1 30,000 USD 30,000 (0.350)% Oct 2052 13,478 (1,030) 12,448
  Goldman Sachs Everest Reinsurance Holdings, Inc. 50,000 USD 50,000 (1.750)% Dec 2013                    - (774) (774)
  Goldman Sachs CMBX.NA.AM.3 30,000 USD 30,000 (0.500)% Dec 2049 6,989 (2,491) 4,498
  JPMorgan Chase Bank, N.A. CDX-NAHYS18V1-5Y 574,200 USD 574,200 (5.000)% Jun 2017 35,622 (39,546) (3,924)
  JPMorgan Chase Bank, N.A. CDX-NAHYS18V2-5Y 49,500 USD 49,500 (5.000)% Jun 2017 (368) 30 (338)
  JPMorgan Chase Bank, N.A. CDX-NAHYS18V2-5Y 99,000 USD 99,000 (5.000)% Jun 2017 495 (1,117) (622)
  JPMorgan Chase Bank, N.A. ITRAXX-EUROPES17V1-5Y 275,000 EUR 359,026 (1.000)% Jun 2017 3,468 1,627 5,095
  JPMorgan Chase Bank, N.A. ABX.HE.PENAAA.07-1 91,992 USD 91,992 (0.090)% Aug 2037 40,049 (2,570) 37,479
  JPMorgan Chase Bank, N.A. ABX.HE.PENAAA.07-1 73,594 USD 73,594 (0.090)% Aug 2037 28,670 1,313 29,983
  JPMorgan Chase Bank, N.A. ABX.HE.PENAAA.06-2 16,602 USD 16,602 (0.110)% May 2046 4,129 (624) 3,505
  JPMorgan Chase Bank, N.A. ABX.HE.PENAAA.06-2 7,115 USD 7,115 (0.110)% May 2046 1,715 (213) 1,502
  JPMorgan Chase Bank, N.A. ABX.HE.PENAAA.06-2 23,717 USD 23,717 (0.110)% May 2046 5,562 (554) 5,008
  JPMorgan Chase Bank, N.A. CMBX.NA.AM.3 30,000 USD 30,000 (0.500)% Dec 2049 6,023 (1,526) 4,497
  JPMorgan Chase Bank, N.A. CMBX.NA.AM.3 40,000 USD 40,000 (0.500)% Dec 2049 8,110 (2,113) 5,997
  JPMorgan Chase Bank, N.A. CMBX.NA.AJ.4 35,000 USD 35,000 (0.960)% Feb 2051 11,761 1,096 12,857
  JPMorgan Chase Bank, N.A. CMBX.NA.AJ.4 45,000 USD 45,000 (0.960)% Feb 2051 15,122 1,408 16,530
  JPMorgan Chase Bank, N.A. CMBX.NA.A.1 70,000 USD 70,000 (0.350)% Oct 2052 32,058 (3,012) 29,046
  Morgan Stanley Capital Services, Inc. ABX.HE.AAA.06-1 98,033 USD 98,033 (0.180)% Jul 2045 10,104 (4,241) 5,863
  Morgan Stanley Capital Services, Inc. ABX.HE.AAA.06-1 34,600 USD 34,600 (0.180)% Jul 2045 2,816 (747) 2,069
  Morgan Stanley Capital Services, Inc. ABX.HE.PENAAA.06-2 23,717 USD 23,717 (0.110)% May 2046 5,717 (709) 5,008
  Morgan Stanley Capital Services, Inc. CMBX.NA.AJ.4 95,000 USD 95,000 (0.960)% Feb 2051 36,979 (2,082) 34,897
  Morgan Stanley Capital Services, Inc. CMBX.NA.AJ.4 50,000 USD 50,000 (0.960)% Feb 2051 19,900 (1,533) 18,367
  Morgan Stanley Capital Services, Inc. CMBX.NA.AM.4 95,000 USD 95,000 (0.500)% Feb 2051 23,850 (7,708) 16,142
  Morgan Stanley Capital Services, Inc. CMBX.NA.AA.1 85,000 USD 85,000 (0.250)% Oct 2052 19,648 4,148 23,796
          $3,583,785     $383,399 ($89,872) $293,527

 

Global Bond Trust                  
The Portfolio used credit default swaps to manage against potential credit events.
Portfolio Counterparty Reference Obligation Notional Amount Currency USD Notional Amount (Pay)/Receive Fixed Rate  Maturity Date Unamortized Upfront Payment Paid (Received) Unrealized Appreciation (Depreciation) Market Value
Global Bond Trust  
  Bank of America N.A. CNA Financial Corp. 4,000,000 USD $4,000,000 (0.940)% Dec 2014                            - ($11,639) ($11,639)
  Bank of America N.A. Computer Sciences Corp. 2,050,000 USD 2,050,000 (0.970)% Mar 2018                            - 138,752  138,752
  Bank of America N.A.                       Spectra Energy Capital, LLC 3,000,000 USD 3,000,000 (1.180)% Jun 2018                            - 9,628 9,628
  Bank of America N.A.                       Starwood Hotels & Resorts Worldwide, Inc. 3,000,000 USD 3,000,000 (1.490)% Jun 2018                            - (44,803) (44,803)
  Barclays Bank PLC Sealed Air Corp. 3,000,000 USD 3,000,000 (1.035)% Sep 2013                            - (11,680) (11,680)
  BNP Paribas Vivendi 1,300,000 USD 1,300,000 (1.780)% Jun 2013                            - (13,926) (13,926)
  BNP Paribas United Kingdom of Great Britain and Northern Ireland 4,700,000 USD 4,700,000 (1.000)% Dec 2017 ($115,034) (1,299) (116,333)
  Citibank N.A.                              AutoZone, Inc. 800,000 USD 800,000 (0.680)% Dec 2012                            - (1,258) (1,258)
  Citibank N.A.                              Pearson PLC 3,000,000 USD 3,000,000 (0.570)% Jun 2013                            - (11,233) (11,233)
  Citibank N.A.                              Sealed Air Corp. 1,200,000 USD 1,200,000 (0.590)% Sep 2013                            - 746 746
  Citibank N.A.                              United Kingdom of Great Britain and Northern Ireland 1,700,000 USD 1,700,000 (1.000)% Dec 2017 (43,398) 1,590 (41,808)
  Deutsche Bank AG Tate & Lyle PLC 400,000 USD 400,000 (0.510)% Dec 2014                            - (1,642) (1,642)
  Deutsche Bank AG Marsh & McLennan Companies, Inc. 1,100,000 USD 1,100,000 (0.800)% Sep 2015                            - (13,829) (13,829)
  Deutsche Bank AG United States of America 3,300,000 EUR 4,240,664 (0.250)% Dec 2017 23,875 (265) 23,610
  Deutsche Bank AG Spectra Energy Capital, LLC 1,000,000 USD 1,000,000 (1.200)% Jun 2018                            - 2,108 2,108
  Goldman Sachs United Kingdom of Great Britain and Northern Ireland 5,300,000 USD 5,300,000 (1.000)% Dec 2017 (132,535) 1,499 (131,036)
  JPMorgan Chase Bank, N.A. Loews Corp. 400,000 USD 400,000 (0.330)% Mar 2016                            - 1,057 1,057
  Morgan Stanley Capital Services, Inc. Simon Property Group, L.P. 2,250,000 USD 2,250,000 (0.885)% Jun 2018                            - 8,696 8,696
  Morgan Stanley Capital Services, Inc. Spectra Energy Capital, LLC 1,000,000 USD 1,000,000 (1.150)% Jun 2018                            - 4,862 4,862
  The Royal Bank of Scotland PLC              The Cleveland Electric Illuminating Company 3,000,000 USD 3,000,000 (0.940)% Jun 2017                            - 21,298 21,298
  UBS AG United States of America 600,000 EUR 771,930 (0.250)% Dec 2017 2,773 351 3,124
          $47,212,594     ($264,319) $79,013 ($185,306)
                       

 

High Yield Trust                  
The Portfolio used credit default swaps to gain exposure to a credit index.
Portfolio Counterparty Reference Obligation Notional Amount Currency USD Notional Amount (Pay)/Receive Fixed Rate  Maturity Date Unamortized Upfront Payment Paid (Received) Unrealized Appreciation (Depreciation) Market Value
High Yield Trust  
  Morgan Stanley & Company, Inc. MARKIT CDX.NA.HY.17   1,536,000 USD $1,536,000 (5.000)% Dec 2016 $41,790 ($9,490) ($30,033)
  Morgan Stanley & Company, Inc. MARKIT CDX.NA.HY.17   2,496,000 USD 2,496,000 (5.000)% Dec 2016 62,476 (9,664) (48,804)
  BNP Paribas MARKIT CDX.NA.HY.18   4,158,000 USD 4,158,000 (5.000)% Jun 2017 177,684 (47,177) (28,417)
  BNP Paribas MARKIT CDX.NA.HY.18   4,752,000 USD 4,752,000 (5.000)% Jun 2017 94,655 (47,177) 17,956
          $12,942,000     $376,605 ($113,508) ($89,298)
                         

 

Investment Quality Bond Trust                  

The Portfolio used credit default swaps to manage against potential credit events.

 

Portfolio Counterparty Reference Obligation Notional Amount Currency USD Notional Amount (Pay)/Receive Fixed Rate  Maturity Date Unamortized Upfront Payment Paid (Received) Unrealized Appreciation (Depreciation) Market Value
Investment Quality Bond Trust  
  Goldman Sachs Macy's, Inc. 1,095,000 USD $1,095,000 (1.000)% Mar 2017 $4,651 ($1,883) $2,768
  Goldman Sachs CDX-NAHYS18V2-5Y 1,509,750 USD 1,509,750 (5.000)% Jun 2017 47,791 (58,109) (10,318)
  Goldman Sachs CDX-NAHYS18V2-5Y 3,935,250 USD 3,935,250 (5.000)% Jun 2017 60,298 (87,192) (26,894)
  Goldman Sachs ITRAXX-XOVERS17V1-5Y 520,000 EUR 678,886 (5.000)% Jun 2017 (8,819) 8,123 (696)
  Goldman Sachs ITRAXX-EUROPES18V1-5Y 1,225,000 EUR 1,576,023 (1.000)% Dec 2017 31,631 (4,144) 27,487
  Goldman Sachs ABX.HE.PENAAA.07-1 128,789 USD 128,789 (0.090)% Aug 2037 53,126 (2) 53,124
  Goldman Sachs ABX.HE.AAA.06-1 1,404,179 USD 1,404,179 (0.180)% Jul 2045 125,462 (41,476) 83,986
  Goldman Sachs ABX.HE.AAA.06-1 412,315 USD 412,315 (0.180)% Jul 2045 33,553 (8,892) 24,661
  Goldman Sachs ABX.HE.AAA.06-1 207,599 USD 207,599 (0.180)% Jul 2045 17,547 (5,130) 12,417
  Goldman Sachs ABX.HE.PENAAA.06-2 177,878 USD 177,878 (0.110)% May 2046 53,250 (15,694) 37,556
  Goldman Sachs ABX.HE.PENAAA.06-2 422,163 USD 422,163 (0.110)% May 2046 104,961 (15,827) 89,134
  Goldman Sachs CMBX.NA.AM.3 320,000 USD 320,000 (0.500)% Dec 2049 74,544 (26,571) 47,973
  Goldman Sachs CMBX.NA.A.1 235,000 USD 235,000 (0.350)% Oct 2052 105,582 (8,071) 97,511
  JPMorgan Chase Bank, N.A. CDX-NAHYS18V2-5Y 4,252,050 USD 4,252,050 (5.000)% Jun 2017 263,786 (292,845) (29,059)
  JPMorgan Chase Bank, N.A. CDX-NAHYS18V2-5Y 940,500 USD 940,500 (5.000)% Jun 2017 (6,997) 569 (6,428)
  JPMorgan Chase Bank, N.A. CDX-NAHYS18V2-5Y 792,000 USD 792,000 (5.000)% Jun 2017 3,960 (8,933) (4,973)
  JPMorgan Chase Bank, N.A. ITRAXX-EUROPES17V1-5Y 2,040,000 EUR 2,663,321 (1.000)% Jun 2017 25,723 12,075 37,798
  JPMorgan Chase Bank, N.A. ABX.HE.PENAAA.07-1 952,118 USD 952,118 (0.090)% Aug 2037 414,503 (26,596) 387,907
  JPMorgan Chase Bank, N.A. ABX.HE.PENAAA.07-1 524,355 USD 524,355 (0.090)% Aug 2037 204,275 9,355 213,630
  JPMorgan Chase Bank, N.A. ABX.HE.PENAAA.06-2 526,518 USD 526,518 (0.110)% May 2046 137,230 (26,063) 111,167
  JPMorgan Chase Bank, N.A. ABX.HE.PENAAA.06-2 130,444 USD 130,444 (0.110)% May 2046 32,441 (4,900) 27,541
  JPMorgan Chase Bank, N.A. ABX.HE.PENAAA.06-2 47,434 USD 47,434 (0.110)% May 2046 11,431 (1,416) 10,015
  JPMorgan Chase Bank, N.A. ABX.HE.PENAAA.06-2 277,489 USD 277,489 (0.110)% May 2046 65,079 (6,491) 58,588
  JPMorgan Chase Bank, N.A. CMBX.NA.AM.3 320,000 USD 320,000 (0.500)% Dec 2049 64,251 (16,278) 47,973
  JPMorgan Chase Bank, N.A. CMBX.NA.AM.3 105,000 USD 105,000 (0.500)% Dec 2049 21,288 (5,547) 15,741
  JPMorgan Chase Bank, N.A. CMBX.NA.AJ.4 400,000 USD 400,000 (0.960)% Feb 2051 134,415 12,521 146,936
  JPMorgan Chase Bank, N.A. CMBX.NA.AJ.4 465,000 USD 465,000 (0.960)% Feb 2051 156,257 14,556 170,813
  JPMorgan Chase Bank, N.A. CMBX.NA.A.1 505,000 USD 505,000 (0.350)% Oct 2052 231,275 (21,729) 209,546
  Morgan Stanley Capital Services, Inc. ABX.HE.AAA.06-1 732,364 USD 732,364 (0.180)% Jul 2045 75,485 (31,681) 43,804
  Morgan Stanley Capital Services, Inc. ABX.HE.AAA.06-1 415,199 USD 415,199 (0.180)% Jul 2045 33,791 (8,957) 24,834
  Morgan Stanley Capital Services, Inc. ABX.HE.PENAAA.06-2 277,489 USD 277,489 (0.110)% May 2046 66,895 (8,307) 58,588
  Morgan Stanley Capital Services, Inc. CMBX.NA.AJ.4 700,000 USD 700,000 (0.960)% Feb 2051 272,475 (15,337) 257,138
  Morgan Stanley Capital Services, Inc. CMBX.NA.AJ.4 360,000 USD 360,000 (0.960)% Feb 2051 143,284 (11,042) 132,242
  Morgan Stanley Capital Services, Inc. CMBX.NA.AM.4 700,000 USD 700,000 (0.500)% Feb 2051 175,737 (56,795) 118,942
  Morgan Stanley Capital Services, Inc. CMBX.NA.AA.1 620,000 USD 620,000 (0.250)% Oct 2052 143,313 30,261 173,574
  UBS AG Everest Reinsurance Holdings, Inc. 1,450,000 USD 1,450,000 (1.800)% Dec 2013                        - (23,369) (23,369)
          $30,259,113     $3,373,474 ($751,817) $2,621,657

 

Real Return Bond Trust                  
The Portfolio used credit default swaps to manage against potential credit events.
Portfolio Counterparty Reference Obligation Notional Amount Currency USD Notional Amount (Pay)/Receive Fixed Rate  Maturity Date Unamortized Upfront Payment Paid (Received) Unrealized Appreciation (Depreciation) Market Value
Real Return Bond Trust  
  Barclays Bank PLC Rexam PLC   1,000,000 USD $1,000,000 (1.450)% Jun 2013                    - ($9,626) ($9,626)
  Barclays Bank PLC Everest Reinsurance Holdings, Inc.   1,000,000 USD 1,000,000 (0.535)% Dec 2014                    - 2,481 2,481
          $2,000,000                        - ($7,145) ($7,145)
                         

 

Total Return Trust                  
The Portfolio used credit default swaps to manage against potential credit events.
Portfolio Counterparty Reference Obligation Notional Amount Currency USD Notional Amount (Pay) / Receive Fixed Rate  Maturity Date Unamortized Upfront Payment Unrealized Appreciation (Depreciation) Market Value
Total Return Trust  
  Barclays Bank PLC iTraxx Europe Series 16 Version 1 88,500,000 EUR $115,728,597 (1.000)% Dec 2016 ($31,360) $1,353,270 $1,321,910
  Deutsche Bank AG iTraxx Europe Series 16 Version 1 800,000 EUR 1,077,041 (1.000)% Dec 2016 (20,925) 32,874 11,949
  Credit Suisse International iTraxx Europe Series 16 Version 1 400,000 EUR 538,520 (1.000)% Dec 2016 15,719 (9,744) 5,975
  Morgan Stanley Capital Services, Inc. iTraxx Europe Series 16 Version 1 1,000,000 EUR 1,313,800 (1.000)% Dec 2016 (37,715) 52,652 14,937
          $118,657,958     ($74,281) $1,429,052 $1,354,771

 

Implied credit spreads are utilized in determining the market value of CDS agreements in which a Portfolio is the Seller at period end. The implied credit spread generally represents the yield of the instrument above a credit-risk free rate, such as the U.S. Treasury Bond Yield, and may include upfront payments required to be made to enter into the agreement. It also serves as an indicator of the current status of the payment/performance risk and represents the likelihood or risk of default for the credit derivative. Wider credit spreads represent a deterioration of the referenced entity’s credit rating and an increased risk of default or other credit event occurring as defined under the terms of the agreement.

 

For CDS agreements where implied credit spreads are not reported or available, the resulting values of these agreements are the indicator of the current status of the payment/performance risk and represent the likelihood or risk of default. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the referenced entity’s credit soundness and a greater likelihood of a credit event occurring. The maximum potential amount of future payments (undiscounted) that a Portfolio as the Seller could be required to make under any CDS agreement would be an amount equal to the notional amount of the agreement.

 

The following table summarizes the credit default swap contracts the Portfolios held as of September 30, 2012, where the Portfolios acted as a Seller of protection.

 

Core Allocation Plus Trust                    
The Portfolio used credit default swaps to take a long position in the exposure of the benchmark credit and gain exposure to security or credit index.    
Portfolio Counterparty Reference Obligation Implied Credit Spread at 9-30-2012 1 Notional Amount Currency USD Notional Amount (Pay)/Receive Fixed Rate  Maturity Date Unamortized Upfront Payment Paid (Received) Unrealized Appreciation (Depreciation) Market Value
Core Allocation Plus Trust  
  Goldman Sachs Kohl's Corp. 1.42% 205,000 USD $205,000 1.000% Mar 2017 ($5,943) $2,322 ($3,621)
  Goldman Sachs CDX-NAIGS18V1-5Y — 130,000 USD 130,000 1.000% Jun 2017 (871) 1,500 629
  Goldman Sachs LCDX.NA.18-V2 — 79,200 USD 79,200 2.500% Jun 2017 (2,795) 3,553 758
  Goldman Sachs LCDX.NA.18-V2 — 148,500 USD 148,500 2.500% Jun 2017 (1,246) 2,667 1,421
  Goldman Sachs LCDX.NA.18-V2 — 99,000 USD 99,000 2.500% Jun 2017 1,850 (903) 947
  Goldman Sachs Hewlett-Packard Company 2.62% 120,000 USD 120,000 1.000% Sep 2017 (9,963) 1,060 (8,903)
  Goldman Sachs CDX-NAIGS19V1-5Y — 625,000 USD 625,000 1.000% Dec 2017 1,211 (786) 425
  Goldman Sachs CMBX.NA.AAA.3 — 90,000 USD 90,000 0.080% Dec 2049 (5,607) 321 (5,286)
  JPMorgan Chase Bank, N.A. ABX.HE.PENAAA.07-2 — 27,785 USD 27,785 0.760% Jan 2038 (17,288) 3,278 (14,010)
  JPMorgan Chase Bank, N.A. CMBX.NA.AJ.2 — 45,000 USD 45,000 1.090% Mar 2049 (8,734) (483) (9,217)
  JPMorgan Chase Bank, N.A. CMBX.NA.AJ.2 — 120,000 USD 120,000 1.090% Mar 2049 (23,291) (1,287) (24,578)
  JPMorgan Chase Bank, N.A. CMBX.NA.AAA.3 — 120,000 USD 120,000 0.080% Dec 2049 (9,240) 2,192 (7,048)
  JPMorgan Chase Bank, N.A. CMBX.NA.AJ.3 — 40,000 USD 40,000 1.470% Dec 2049 (12,216) (1,574) (13,790)
  JPMorgan Chase Bank, N.A. CMBX.NA.AJ.3 — 30,000 USD 30,000 1.470% Dec 2049 (12,216) 1,873 (10,343)
  JPMorgan Chase Bank, N.A. CMBX.NA.AA.4 — 65,000 USD 65,000 1.650% Feb 2051 (39,408) (1,199) (40,607)
  JPMorgan Chase Bank, N.A. CMBX.NA.AA.4 — 65,000 USD 65,000 1.650% Feb 2051 (42,631) 2,024 (40,607)
  JPMorgan Chase Bank, N.A. CMBX.NA.AAA.5 — 120,000 USD 120,000 0.350% Feb 2051 (12,020) 5,577 (6,443)
  Morgan Stanley Capital Services, Inc. CDX-NAIGS18V1-5Y — 625,000 USD 625,000 1.000% Jun 2017 (4,135) 7,080 2,945
  Morgan Stanley Capital Services, Inc. Hewlett-Packard Company 2.62% 230,000 USD 230,000 1.000% Sep 2017 (18,084) 994 (17,090)
  Morgan Stanley Capital Services, Inc. PRIMEX.ARM.1 — 43,066 USD 43,066 4.420% Jun 2036 1,429 2,645 4,074
  Morgan Stanley Capital Services, Inc. PRIMEX.ARM.2 — 135,378 USD 135,378 4.580% Dec 2037 (10,128) 10,097 (31)
  Morgan Stanley Capital Services, Inc. CMBX.NA.AAA.3 — 85,000 USD 85,000 0.080% Dec 2049 (7,999) 3,006 (4,993)
  Morgan Stanley Capital Services, Inc. CMBX.NA.AA.4 — 10,000 USD 10,000 1.650% Feb 2051 (5,612) (635) (6,247)
  Morgan Stanley Capital Services, Inc. Xerox Corp. 1.76% 325,000 USD 325,000 1.000% Jun 2016 (3,580) (5,276) (8,856)
  Morgan Stanley Capital Services, Inc. CMBX.NA.AAA. — 10,000 USD 10,000 0.350% Feb 2051 (774) 237 (537)
            $3,592,929     ($249,291) $38,283 ($211,008)
1 For CDS agreements where implied credit spreads are not reported or available, the resulting values of these agreements are the indicator of the current status of the payment/performance risk and represent the likelihood or risk of default.
                             

 

Global Bond Trust                    
The Portfolio used credit default swaps to take a long position in the exposure of the benchmark credit.
Portfolio Counterparty Reference Obligation Implied Credit Spread at 9-30-20121 Notional Amount Currency USD Notional Amount (Pay)/Receive Fixed Rate  Maturity Date Unamortized Upfront Payment Paid (Received) Unrealized Appreciation (Depreciation) Market Value
Global Bond Trust  
  Bank of America N.A. United Kingdom of Great Britain and Northern Ireland 0.19% 2,300,000 USD $2,300,000 1.000% Jun 2015 $11,718 $40,107 $51,825
  Bank of America N.A. United Kingdom of Great Britain and Northern Ireland 0.19% 7,900,000 USD 7,900,000 1.000% Jun 2015 29,964 148,042 178,006
  Bank of America N.A.                       Ally Financial, Inc. 0.70% 1,300,000 USD 1,300,000 5.000% Dec 2012 2,411 12,441 14,852
  Citibank N.A.                              United Kingdom of Great Britain and Northern Ireland 0.19% 1,000,000 USD 1,000,000 1.000% Jun 2015 4,061 18,471 22,532
  Citibank N.A.                              People's Republic of China 0.48% 3,300,000 USD 3,300,000 1.000% Mar 2016 23,730 36,903 60,633
  Deutsche Bank AG United Kingdom of Great Britain and Northern Ireland 0.19% 1,800,000 USD 1,800,000 1.000% Jun 2015 7,326 33,232 40,558
  Deutsche Bank AG United States of America 0.26% 4,600,000 EUR 6,407,569 0.250% Dec 2015 (41,121) 38,864 (2,257)
  Deutsche Bank AG Commonwealth of Australia 0.35% 100,000 USD 100,000 1.000% Sep 2016 1,181 1,444 2,625
  Deutsche Bank AG Commonwealth of Australia 0.36% 1,200,000 USD 1,200,000 1.000% Dec 2016 2,411 30,053 32,464
  Deutsche Bank AG Republic of Italy 3.40% 200,000 USD 200,000 1.000% Jun 2017 (28,031) 7,583 (20,448)
  Goldman Sachs International MCDX.NA.15 — 5,700,000 USD 5,700,000 1.000% Dec 2015 (133,798) 89,488 (44,310)
  Goldman Sachs International MCDX.NA.16 — 2,700,000 USD 2,700,000 1.000% Jun 2016 (41,400) 10,189 (31,211)
  Goldman Sachs International Commonwealth of Australia 0.36% 900,000 USD 900,000 1.000% Dec 2016 (3,231) 27,579 24,348
  Goldman Sachs International Kingdom of Spain 3.73% 2,900,000 USD 2,900,000 1.000% Jun 2017 (419,372) 88,323 (331,049)
  HSBC Bank USA Republic of Italy 3.40% 300,000 USD 300,000 1.000% Jun 2017 (46,737) 16,065 (30,672)
  JPMorgan Chase Bank, N.A. United Kingdom of Great Britain and Northern Ireland 0.19% 7,800,000 USD 7,800,000 1.000% Jun 2015 21,699 154,054 175,753
  JPMorgan Chase Bank, N.A. Kingdom of Spain 3.73% 400,000 USD 400,000 1.000% Jun 2017 (60,740) 15,040 (45,700)
  Morgan Stanley Capital Services, Inc. Commonwealth of Australia 0.36% 700,000 USD 700,000 1.000% Dec 2016 1,688 17,249 18,937
  Morgan Stanley Capital Services, Inc. Commonwealth of Pennsylvania 1.19% 1,000,000 USD 1,000,000 1.400% Mar 2021                             - 15,402 15,402
  The Royal Bank of Scotland PLC              Commonwealth of Australia 0.30% 700,000 USD 700,000 1.000% Mar 2016 10,290 6,934 17,224
  The Royal Bank of Scotland PLC              Commonwealth of Australia 0.35% 1,800,000 USD 1,800,000 1.000% Sep 2016 20,209 27,039 47,248
  The Royal Bank of Scotland PLC              Commonwealth of Australia 0.36% 2,200,000 USD 2,200,000 1.000% Dec 2016 (7,898) 67,415 59,517
  UBS AG United States of America 0.29% 4,000,000 EUR 5,804,597 0.250% Jun 2016 (56,048) 49,707 (6,341)
  UBS AG Commonwealth of Australia 0.35% 2,000,000 USD 2,000,000 1.000% Sep 2016 28,094 24,403 52,497
  UBS AG Commonwealth of Australia 0.35% 4,600,000 USD 4,600,000 1.000% Sep 2016 54,305 66,439 120,744
  UBS AG Commonwealth of Australia 0.36% 3,600,000 USD 3,600,000 1.000% Dec 2016 2,190 95,201 97,391
  UBS AG Commonwealth of Australia 0.36% 500,000 USD 500,000 1.000% Dec 2016 (1,696) 15,222 13,526
  UBS AG Kingdom of Spain 3.73% 1,000,000 USD 1,000,000 1.000% Jun 2017 (151,210) 36,959 (114,251)
            $70,112,166     ($770,005) $1,189,848 $419,843
                         

1 For CDS agreements where implied credit spreads are not reported or available, the resulting values of these agreements are the indicator of the current status of the payment/performance risk and represent the likelihood or risk of default.

 

Investment Quality Bond Trust 
The Portfolio used credit default swaps to take a long position in the exposure of the benchmark credit and gain exposure to security or credit index.    
Portfolio Counterparty Reference Obligation Implied Credit Spread at 9-30-20121 Notional Amount Currency USD Notional Amount (Pay)/Receive Fixed Rate  Maturity Date Unamortized Upfront Payment Paid (Received) Unrealized Appreciation (Depreciation) Market Value
Investment Quality Bond Trust  
  Goldman Sachs Kohl's Corp. 1.42% 1,095,000 USD $1,095,000 1.000% Mar 2017 ($31,746) $12,402 ($19,344)
  Goldman Sachs CDX-NAIGS18V1-5Y — 1,235,000 USD 1,235,000 1.000% Jun 2017 (8,279) 14,221 5,942
  Goldman Sachs LCDX.NA.18-V2 — 589,050 USD 589,050 2.500% Jun 2017 (20,786) 26,421 5,635
  Goldman Sachs LCDX.NA.18-V2 — 1,014,750 USD 1,014,750 2.500% Jun 2017 (8,512) 18,220 9,708
  Goldman Sachs LCDX.NA.18-V2 — 792,000 USD 792,000 2.500% Jun 2017 14,798 (7,221) 7,577
  Goldman Sachs Hewlett-Packard Company 2.62% 870,000 USD 870,000 1.000% Sep 2017 (72,232) 7,685 (64,547)
  Goldman Sachs CDX-NAIGS19V1-5Y — 4,550,000 USD 4,550,000 1.000% Dec 2017 8,819 (5,722) 3,097
  Goldman Sachs CMBX.NA.AAA.3 — 640,000 USD 640,000 0.080% Dec 2049 (39,869) 2,278 (37,591)
  JPMorgan Chase Bank, N.A. Hewlett-Packard Company 2.71% 575,000 USD 575,000 1.000% Dec 2017 (49,848) 2,840 (47,008)
  JPMorgan Chase Bank, N.A. ABX.HE.PENAAA.07-2 — 194,495 USD 194,495 0.760% Jan 2038 (121,018) 22,951 (98,067)
  JPMorgan Chase Bank, N.A. CMBX.NA.AJ.2 — 610,000 USD 610,000 1.090% Mar 2049 (118,395) (6,544) (124,939)
  JPMorgan Chase Bank, N.A. CMBX.NA.AJ.2 — 625,000 USD 625,000 1.090% Mar 2049 (121,306) (6,705) (128,011)
  JPMorgan Chase Bank, N.A. CMBX.NA.AAA.3 — 890,000 USD 890,000 0.080% Dec 2049 (68,533) 16,257 (52,276)
  JPMorgan Chase Bank, N.A. CMBX.NA.AJ.3 — 335,000 USD 335,000 1.470% Dec 2049 (102,312) (13,181) (115,493)
  JPMorgan Chase Bank, N.A. CMBX.NA.AJ.3 — 180,000 USD 180,000 1.470% Dec 2049 (73,294) 11,238 (62,056)
  JPMorgan Chase Bank, N.A. CMBX.NA.AAA.5 — 655,000 USD 655,000 0.350% Feb 2051 (65,610) 30,442 (35,168)
  JPMorgan Chase Bank, N.A. CMBX.NA.AA.4 — 350,000 USD 350,000 1.650% Feb 2051 (212,195) (6,459) (218,654)
  JPMorgan Chase Bank, N.A. CMBX.NA.AA.4 — 350,000 USD 350,000 1.650% Feb 2051 (229,554) 10,900 (218,654)
  Morgan Stanley Capital Services, Inc. Xerox Corp. 1.76% 825,000 USD 825,000 1.000% Jun 2016 (9,087) (13,395) (22,482)
  Morgan Stanley Capital Services, Inc. CDX-NAIGS18V1-5Y — 4,505,000 USD 4,505,000 1.000% Jun 2017 (29,809) 51,038 21,229
  Morgan Stanley Capital Services, Inc. Hewlett-Packard Company 2.62% 880,000 USD 880,000 1.000% Sep 2017 (69,192) 3,806 (65,386)
  Morgan Stanley Capital Services, Inc. PRIMEX.ARM.1 — 315,240 USD 315,240 4.420% Jun 2036 10,461 19,361 29,822
  Morgan Stanley Capital Services, Inc. PRIMEX.ARM.2 — 982,406 USD 982,406 4.580% Dec 2037 (73,494) 73,269 (225)
  Morgan Stanley Capital Services, Inc. CMBX.NA.AAA.3 — 620,000 USD 620,000 0.080% Dec 2049 (58,343) 21,926 (36,417)
  Morgan Stanley Capital Services, Inc. CMBX.NA.AAA.5 — 315,000 USD 315,000 0.350% Feb 2051 (24,370) 7,457 (16,913)
  Morgan Stanley Capital Services, Inc. CMBX.NA.AA.4 — 345,000 USD 345,000 1.650% Feb 2051 (193,613) (21,917) (215,530)
            $24,337,941     ($1,767,319) $271,568 ($1,495,751)

1 For CDS agreements where implied credit spreads are not reported or available, the resulting values of these agreements are the indicator of the current status of the payment/performance risk and represent the likelihood or risk of default.

 

Real Return Bond Trust                    
The Portfolio used credit default swaps to take a long position in the exposure of the benchmark credit.
Portfolio Counterparty Reference Obligation Implied Credit Spread at 9-30-2012 Notional Amount Currency USD Notional Amount (Pay)/Receive Fixed Rate  Maturity Date Unamortized Upfront Payment Paid (Received) Unrealized Appreciation (Depreciation) Market Value
Real Return Bond Trust 
  Barclays Bank PLC Federative Republic of Brazil 0.67% 500,000 USD $500,000 1.000% Jun 2015 ($2,266) $6,963 $4,697
  Goldman Sachs Government of Japan 0.48% 500,000 USD 500,000 1.000% Dec 2015 6,887 1,605 8,492
  JPMorgan Chase Bank, N.A. Federative Republic of Brazil 0.67% 600,000 USD 600,000 1.000% Jun 2015 (3,620) 9,256 5,636
  JPMorgan Chase Bank, N.A. Petroleo Brasileiro S/A Petrobras 1.24% 300,000 USD 300,000 1.000% Sep 2015 (4,972) 2,968 (2,004)
            $1,900,000     ($3,971) $20,792 $16,821

 

Total Return Trust                    
The Portfolio used credit default swaps to take a long position in exposure of the benchmark credit. 
Portfolio Counterparty Reference Obligation Implied Credit Spread 9-30-121 Notional Amount Currency USD Notional Amount (Pay) / Receive Fixed Rate  Maturity Date Unamortized Upfront Payment Unrealized Appreciation (Depreciation) Market Value
Total Return Trust   
  Bank of America N.A. Berkshire Hathaway, Inc. 0.78% 2,900,000 USD $2,900,000 1.000% Mar 2015 ($2,514) $18,993 $16,479
  Bank of America N.A. United Mexican States 0.62% 300,000 USD 300,000 1.000% Sep 2015 3,227 231 3,458
  Bank of America N.A. General Electric Capital Corp. 1.04% 2,600,000 USD 2,600,000 1.000% Dec 2015 320,938 (323,676) (2,738)
  Bank of America N.A. General Electric Capital Corp. 1.04% 2,500,000 USD 2,500,000 1.000% Dec 2015 (16,113) 13,480 (2,633)
  Bank of America N.A. Federative Republic of Brazil 0.81% 20,700,000 USD 20,700,000 1.000% Mar 2016 (23,897) 167,043 143,146
  Bank of America N.A. French Republic 0.67% 2,300,000 USD 2,300,000 0.250% Mar 2016 (5,714) (27,376) (33,090)
  Bank of America N.A. Government of Japan 0.53% 300,000 USD 300,000 1.000% Mar 2016 (16,252) 21,175 4,923
  Bank of America N.A. Government of Japan 0.53% 400,000 USD 400,000 1.000% Mar 2016 40,695 (34,131) 6,564
  Bank of America N.A. MetLife, Inc. 1.55% 7,300,000 USD 7,300,000 1.000% Mar 2016 6,428 (141,084) (134,656)
  Bank of America N.A. Federative Republic of Brazil 0.83% 1,000,000 USD 1,000,000 1.950% Apr 2016 (20,835) 69,337 48,502
  Bank of America N.A. Credit Agricole SA 3.72% 3,000,000 EUR 4,438,047 1.000% Jun 2016 (37,201) (327,492) (364,693)
  Bank of America N.A. United Kingdom of Great Britain and Northern Ireland 0.29% 3,900,000 USD 3,900,000 1.000% Jun 2016 23,097 80,913 104,010
  Bank of America N.A. Republic of Korea 0.58% 1,400,000 USD 1,400,000 1.000% Sep 2016 (21,175) 44,931 23,756
  Bank of America N.A. Government of Japan 0.71% 2,000,000 USD 2,000,000 1.000% Mar 2017 421  25,462 25,883
  Bank of America N.A. Government of Japan 0.71% 500,000 USD 500,000 1.000% Mar 2017 421  6,050 6,471
  Bank of America N.A. Federal Republic of Germany 0.47% 15,200,000 USD 15,200,000 0.250% Jun 2017 (22,316) (135,234) (157,550)
  Bank of America N.A. Government of Japan 0.77% 1,600,000 USD 1,600,000 1.000% Jun 2017 3,355 14,505 17,860
  Bank of America N.A. Republic of Korea 0.80% 1,500,000 USD 1,500,000 1.000% Sep 2017 (7,069) 21,798 14,729
  Bank of America N.A. CMBX.NA.AAA Indices — 1,800,000 USD 1,800,000 0.080% Dec 2049 5,660 (111,386) (105,726)
  Barclays Bank PLC Dell, Inc. 0.64% 5,900,000 USD 5,900,000 1.000% Sep 2013 (25,910) 48,775 22,865
  Barclays Bank PLC United Mexican States 0.52% 2,000,000 USD 2,000,000 1.000% Mar 2015 (2,802) 27,006 24,204
  Barclays Bank PLC CDX.EM.13 — 200,000 USD 200,000 5.000% Jun 2015 3,542 14,265 17,807
  Barclays Bank PLC CDX.EM.13 — 22,500,000 USD 22,500,000 5.000% Jun 2015 (113,118) 2,116,367 2,003,249
  Barclays Bank PLC Federative Republic of Brazil 0.67% 500,000 USD 500,000 1.000% Jun 2015 2,455 2,242 4,697
  Barclays Bank PLC CDX.EM.14 — 1,700,000 USD 1,700,000 5.000% Dec 2015 (3,576) 174,883 171,307
  Barclays Bank PLC People's Republic of China 0.48% 700,000 USD 700,000 1.000% Mar 2016 (175,917) 188,779 12,862
  Barclays Bank PLC United Mexican States 0.72% 200,000 USD 200,000 1.000% Mar 2016 (21,798) 23,791 1,993
  Barclays Bank PLC Republic of Indonesia 1.06% 3,100,000 USD 3,100,000 1.000% Jun 2016 (26,264) 19,999 (6,265)
  Barclays Bank PLC Republic of Indonesia 1.06% 2,100,000 USD 2,100,000 1.000% Jun 2016 (14,741) 10,497 (4,244)
  Barclays Bank PLC Republic of Indonesia 1.06% 1,900,000 USD 1,900,000 1.000% Jun 2016 (23,722) 19,882 (3,840)
  Barclays Bank PLC Republic of Indonesia 1.06% 1,800,000 USD 1,800,000 1.000% Jun 2016 (32,695) 29,057 (3,638)
  Barclays Bank PLC French Republic 0.80% 500,000 USD 500,000 0.250% Sep 2016 (16,552) 5,799 (10,753)
  Barclays Bank PLC Government of Japan 0.71% 9,700,000 USD 9,700,000 1.000% Mar 2017 (54,596) 180,127 125,531
  BNP Paribas People's Republic of China 0.48% 300,000 USD 300,000 1.000% Mar 2016 14,450 (8,938) 5,512
  BNP Paribas United States of America 0.28% 7,800,000 EUR 10,936,378 0.250% Mar 2016 (37,465) 29,282 (8,183)
  BNP Paribas Federative Republic of Brazil 1.05% 4,700,000 USD 4,700,000 1.000% Jun 2017 (67,935) 58,277 (9,658)
  BNP Paribas United Mexican States 0.95% 4,900,000 USD 4,900,000 1.000% Jun 2017 (12,267) 24,207 11,940
  BNP Paribas Republic of Indonesia 2.03% 3,800,000 USD 3,800,000 1.000% Jun 2021 (94,211) (202,627) (296,838)
  Citibank N.A. General Electric Capital Corp. 0.44% 1,500,000 USD 1,500,000 4.325% Dec 2013 (3,511) 77,609 74,098
  Citibank N.A. United Mexican States 0.52% 2,000,000 USD 2,000,000 1.000% Mar 2015 (106,977) 131,181 24,204
  Citibank N.A. Federative Republic of Brazil 0.71% 1,000,000 USD 1,000,000 1.000% Sep 2015 (77,765) 86,656 8,891
  Citibank N.A. Republic of Indonesia 0.78% 500,000 USD 500,000 1.000% Sep 2015 (13,316) 16,752 3,436
  Citibank N.A. United Mexican States 0.62% 700,000 USD 700,000 1.000% Sep 2015 (43,294) 51,363 8,069
  Citibank N.A. CDX.EM.14 — 1,000,000 USD 1,000,000 5.000% Dec 2015 (10,601) 111,370 100,769
  Citibank N.A. Federative Republic of Brazil 0.81% 8,200,000 USD 8,200,000 1.000% Mar 2016 (41,299) 98,004 56,705
  Citibank N.A. Republic of Kazakhstan 1.32% 300,000 USD 300,000 1.000% Mar 2016 (63,251) 60,074 (3,177)
  Citibank N.A. United Mexican States 0.72% 12,000,000 USD 12,000,000 1.000% Mar 2016 32,079 87,471 119,550
  Citibank N.A. Berkshire Hathaway, Inc. 0.98% 11,000,000 USD 11,000,000 1.000% Jun 2016 (33,363) 42,975 9,612
  Citibank N.A. Federative Republic of Brazil 0.86% 6,600,000 USD 6,600,000 1.000% Jun 2016 (19,943) 55,779 35,836
  Citibank N.A. Republic of Indonesia 1.06% 600,000 USD 600,000 1.000% Jun 2016 (373,256) 372,043 (1,213)
  Citibank N.A. United Mexican States 0.77% 3,600,000 USD 3,600,000 1.000% Jun 2016 788 30,449 31,237
  Citibank N.A. People's Republic of China 0.83% 2,700,000 USD 2,700,000 1.000% Sep 2017 1,245 22,146 23,391
  Citibank N.A. Republic of Indonesia 2.03% 1,200,000 USD 1,200,000 1.000% Jun 2021 (102,907) 9,169 (93,738)
  Credit Suisse International People's Republic of China 0.34% 5,000,000 USD 5,000,000 1.000% Mar 2015 (3,567) 87,434 83,867
  Credit Suisse International CDX.EM.13 — 700,000 USD 700,000 5.000% Jun 2015 (239,444) 301,767 62,323
  Credit Suisse International Federative Republic of Brazil 0.67% 6,900,000 USD 6,900,000 1.000% Jun 2015 (6,541) 71,354 64,813
  Credit Suisse International United Kingdom of Great Britain and Northern Ireland 0.26% 8,100,000 USD 8,100,000 1.000% Mar 2016 3,496 207,090 210,586
  Credit Suisse International Arcelormittal 4.90% 1,500,000 USD 1,500,000 1.000% Jun 2016 (24,768) (170,196) (194,964)
  Deutsche Bank AG CDX.NA.IG.9 — 12,152,686 USD 12,152,686 0.705% Dec 2012 12,907 9,678 22,585
  Deutsche Bank AG Berkshire Hathaway, Inc. 0.42% 2,000,000 USD 2,000,000 0.850% Mar 2013 (31,346) 35,953 4,607
  Deutsche Bank AG CDX.NA.IG.10-V4 — 2,411,247 USD 2,411,247 0.530% Jun 2013 9,484 320  9,804
  Deutsche Bank AG General Electric Capital Corp. 0.44% 1,400,000 USD 1,400,000 4.900% Dec 2013 (423,187) 502,548 79,361
  Deutsche Bank AG CDX.EM.12 — 1,400,000 USD 1,400,000 5.000% Dec 2014 2,852 104,088 106,940
  Deutsche Bank AG United Mexican States 0.52% 1,000,000 USD 1,000,000 1.000% Mar 2015                    - 12,102 12,102
  Deutsche Bank AG CDX.EM.13 — 4,800,000 USD 4,800,000 5.000% Jun 2015 (1,416) 428,776 427,360
  Deutsche Bank AG Federative Republic of Brazil 0.67% 2,800,000 USD 2,800,000 1.000% Jun 2015 (226,228) 252,529 26,301
  Deutsche Bank AG Federative Republic of Brazil 0.67% 700,000 USD 700,000 1.000% Jun 2015                    - 6,575 6,575
  Deutsche Bank AG French Republic 0.59% 8,500,000 USD 8,500,000 0.250% Dec 2015 11,468 (103,387) (91,919)
  Deutsche Bank AG French Republic 0.67% 600,000 USD 600,000 0.250% Mar 2016 (73,464) 64,832 (8,632)
  Deutsche Bank AG General Electric Capital Corp. 1.10% 400,000 USD 400,000 1.000% Mar 2016 (16,251) 14,960 (1,291)
  Deutsche Bank AG MetLife, Inc. 1.55% 2,200,000 USD 2,200,000 1.000% Mar 2016 6,580 (47,161) (40,581)
  Deutsche Bank AG MetLife, Inc. 1.55% 1,500,000 USD 1,500,000 1.000% Mar 2016 (3,504) (24,165) (27,669)
  Deutsche Bank AG United Kingdom of Great Britain and Northern Ireland 0.26% 1,200,000 USD 1,200,000 1.000% Mar 2016 (130,553) 161,751 31,198
  Deutsche Bank AG United Mexican States 0.72% 7,500,000 USD 7,500,000 1.000% Mar 2016 (31,335) 106,053 74,718
  Deutsche Bank AG Federative Republic of Brazil 0.86% 7,600,000 USD 7,600,000 1.000% Jun 2016 (22,160) 63,426 41,266
  Deutsche Bank AG People's Republic of China 0.54% 5,100,000 USD 5,100,000 1.000% Jun 2016 (48,416) 137,512 89,096
  Deutsche Bank AG Republic of Korea 0.53% 1,200,000 USD 1,200,000 1.000% Jun 2016 8,420 12,679 21,099
  Deutsche Bank AG Republic of Korea 0.53% 800,000 USD 800,000 1.000% Jun 2016 (30,110) 44,176 14,066
  Deutsche Bank AG People's Republic of China 0.59% 800,000 USD 800,000 1.000% Sep 2016 (4,455) 17,714  13,259
  Deutsche Bank AG Ally Financial, Inc. 3.22% 1,900,000 USD 1,900,000 5.000% Dec 2016 1,875,005 (1,743,452) 131,553
  Deutsche Bank AG Ally Financial, Inc. 3.22% 1,000,000 USD 1,000,000 5.000% Dec 2016 13,139 56,099 69,238
  Deutsche Bank AG Federative Republic of Brazil 1.05% 9,600,000 USD 9,600,000 1.000% Jun 2017 (9,231) (10,496) (19,727)
  Deutsche Bank AG Republic of Korea 0.75% 600,000 USD 600,000 1.000% Jun 2017                    - 7,194 7,194
  Deutsche Bank AG The Export-Import Bank of China 1.17% 500,000 USD 500,000 1.000% Jun 2017 (3,329) (344) (3,673)
  Deutsche Bank AG MetLife, Inc. 1.97% 4,100,000 USD 4,100,000 1.000% Mar 2018 24,583 (225,110) (200,527)
  Deutsche Bank AG Republic of Indonesia 2.03% 2,300,000 USD 2,300,000 1.000% Jun 2021 2,684 (182,349) (179,665)
  Deutsche Bank AG CMBX.NA.AAA Indices — 2,300,000 USD 2,300,000 0.080% Dec 2049 (1,040) (134,054) (135,094)
  Goldman Sachs CDX.NA.IG.10-V4 — 2,989,946 USD 2,989,946 0.463% Jun 2013 (21,715) 32,313 10,598
  Goldman Sachs Berkshire Hathaway, Inc. 0.78% 1,400,000 USD 1,400,000 1.000% Mar 2015 (100,936) 108,891 7,955
  Goldman Sachs CDX.EM.13 — 100,000 USD 100,000 5.000% Jun 2015 57,887 (48,984) 8,903
  Goldman Sachs CDX.EM.13 — 100,000 USD 100,000 5.000% Jun 2015 (787) 9,690 8,903
  Goldman Sachs Federative Republic of Brazil 0.67% 500,000 USD 500,000 1.000% Jun 2015 (6,253) 10,950 4,697
  Goldman Sachs United Kingdom of Great Britain and Northern Ireland 0.19% 3,300,000 USD 3,300,000 1.000% Jun 2015 (737) 75,094 74,357
  Goldman Sachs United Kingdom of Great Britain and Northern Ireland 0.23% 2,600,000 USD 2,600,000 1.000% Dec 2015 (4,456) 70,316 65,860
  Goldman Sachs United Kingdom of Great Britain and Northern Ireland 0.23% 1,000,000 USD 1,000,000 1.000% Dec 2015 (1,939) 27,270 25,331
  Goldman Sachs French Republic 0.74% 9,300,000 USD 9,300,000 0.250% Jun 2016 48,035 (215,100) (167,065)
  Goldman Sachs People's Republic of China 0.59% 300,000 USD 300,000 1.000% Sep 2016 (28,370) 33,342 4,972
  Goldman Sachs Government of Japan 0.71% 7,600,000 USD 7,600,000 1.000% Mar 2017 (11,707) 110,061 98,354
  Goldman Sachs Government of Japan 0.71% 600,000 USD 600,000 1.000% Mar 2017 (82,206) 89,971 7,765
  Goldman Sachs Government of Japan 0.71% 600,000 USD 600,000 1.000% Mar 2017 (6,393) 14,158 7,765
  Goldman Sachs Government of Japan 0.77% 10,600,000 USD 10,600,000 1.000% Jun 2017 (19,915) 138,239 118,324
  Goldman Sachs Government of Japan 0.77% 400,000 USD 400,000 1.000% Jun 2017 (181,586) 186,051 4,465
  Goldman Sachs Russian Federation 1.37% 300,000 USD 300,000 1.000% Jun 2017 (11,521) 6,573 (4,948)
  Goldman Sachs People's Republic of China 0.83% 800,000 USD 800,000 1.000% Sep 2017 (1,072) 8,003 6,931
  Goldman Sachs CDX.NA.IG.9 — 964,499 USD 964,499 0.548% Dec 2017 1,606,930 (1,591,906) 15,024
  Goldman Sachs American International Group, Inc. 1.64% 1,700,000 USD 1,700,000 1.000% Dec 2020 6,359 (85,206) (78,847)
  HSBC Bank USA CDX.EM.13 — 6,300,000 USD 6,300,000 5.000% Jun 2015 (12,522) 573,432 560,910
  HSBC Bank USA Federative Republic of Brazil 0.67% 2,300,000 USD 2,300,000 1.000% Jun 2015 85,078 (63,474) 21,604
  HSBC Bank USA Federative Republic of Brazil 0.71% 1,700,000 USD 1,700,000 1.000% Sep 2015 (87,900) 103,015 15,115
  HSBC Bank USA CDX.EM.14 — 800,000 USD 800,000 5.000% Dec 2015 (106,926) 187,541 80,615
  HSBC Bank USA People's Republic of China 0.54% 6,000,000 USD 6,000,000 1.000% Jun 2016 (19,448) 124,267 104,819
  HSBC Bank USA Republic of Indonesia 1.06% 2,100,000 USD 2,100,000 1.000% Jun 2016 1,606 (5,850) (4,244)
  HSBC Bank USA French Republic 0.80% 500,000 USD 500,000 0.250% Sep 2016 (50,724) 39,971 (10,753)
  HSBC Bank USA French Republic 0.80% 500,000 USD 500,000 0.250% Sep 2016 106,106 (116,859) (10,753)
  HSBC Bank USA People's Republic of China 0.77% 7,300,000 USD 7,300,000 1.000% Jun 2017 (5,279) 85,540 80,261
  HSBC Bank USA United Mexican States 0.95% 3,100,000 USD 3,100,000 1.000% Jun 2017 (19,814) 27,368 7,554
  HSBC Bank USA French Republic 1.06% 1,600,000 USD 1,600,000 0.250% Sep 2017 (54,841) (8,077) (62,918)
  HSBC Bank USA United Mexican States 1.30% 9,600,000 USD 9,600,000 1.000% Mar 2021 (1,226) (217,598) (218,824)
  JPMorgan Chase Bank, N.A. United Kingdom of Great Britain and Northern Ireland 0.16% 1,300,000 USD 1,300,000 1.000% Mar 2015 (8,579) 36,032 27,453
  JPMorgan Chase Bank, N.A. United Kingdom of Great Britain and Northern Ireland 0.16% 700,000 USD 700,000 1.000% Mar 2015 (11,132) 25,914 14,782
  JPMorgan Chase Bank, N.A. CDX.EM.13 — 10,000,000 USD 10,000,000 5.000% Jun 2015 (2,424) 892,757 890,333
  JPMorgan Chase Bank, N.A. Federative Republic of Brazil 0.71% 2,100,000 USD 2,100,000 1.000% Sep 2015 (5,858) 24,530 18,672
  JPMorgan Chase Bank, N.A. Government of Japan 0.53% 1,300,000 USD 1,300,000 1.000% Mar 2016 (134,053) 155,386 21,333
  JPMorgan Chase Bank, N.A. MetLife, Inc. 1.55% 4,000,000 USD 4,000,000 1.000% Mar 2016 37,241 (111,025) (73,784)
  JPMorgan Chase Bank, N.A. Republic of Indonesia 1.06% 1,600,000 USD 1,600,000 1.000% Jun 2016 646,024 (649,258) (3,234)
  JPMorgan Chase Bank, N.A. Federative Republic of Brazil 0.91% 1,500,000 USD 1,500,000 1.000% Sep 2016 (66,271) 72,205 5,934
  JPMorgan Chase Bank, N.A. People's Republic of China 0.59% 1,900,000 USD 1,900,000 1.000% Sep 2016                    - 31,490 31,490
  JPMorgan Chase Bank, N.A. Federative Republic of Brazil 1.05% 2,400,000 USD 2,400,000 1.000% Jun 2017 (19,095) 14,163 (4,932)
  JPMorgan Chase Bank, N.A. CDX.NA.IG.9-V4 — 2,121,897 USD 2,121,897 0.553% Dec 2017 144,632 (111,036) 33,596
  Morgan Stanley Capital Services, Inc. CDX.NA.IG.9 — 4,800,000 USD 4,800,000 0.963% Dec 2012 (3,752) 15,940 12,188
  Morgan Stanley Capital Services, Inc. CDX.EM.13 — 8,700,000 USD 8,700,000 5.000% Jun 2015 (441,760) 1,216,350 774,590
  Morgan Stanley Capital Services, Inc. Federative Republic of Brazil 0.67% 800,000 USD 800,000 1.000% Jun 2015 (16,139) 23,654 7,515
  Morgan Stanley Capital Services, Inc. French Republic 0.67% 500,000 USD 500,000 0.250% Mar 2016                    - (7,194) (7,194)
  Morgan Stanley Capital Services, Inc. General Electric Capital Corp. 1.16% 1,200,000 USD 1,200,000 1.000% Jun 2016 (14,753) 8,272 (6,481)
  Morgan Stanley Capital Services, Inc. United Kingdom of Great Britain and Northern Ireland 0.29% 1,800,000 USD 1,800,000 1.000% Jun 2016 (11,363) 59,368 48,005
  Morgan Stanley Capital Services, Inc. French Republic 0.80% 3,600,000 USD 3,600,000 0.250% Sep 2016                    - (77,420) (77,420)
  Morgan Stanley Capital Services, Inc. People's Republic of China 0.59% 900,000 USD 900,000 1.000% Sep 2016 (330,374) 345,290 14,916
  Morgan Stanley Capital Services, Inc. Government of Japan 0.71% 700,000 USD 700,000 1.000% Mar 2017 (133,481) 142,540 9,059
  Morgan Stanley Capital Services, Inc. Government of Japan 0.71% 400,000 USD 400,000 1.000% Mar 2017                    - 5,177 5,177
  Morgan Stanley Capital Services, Inc. Government of Japan 0.77% 300,000 USD 300,000 1.000% Jun 2017 (11,957) 15,306 3,349
  Morgan Stanley Capital Services, Inc. Republic of Korea 0.80% 1,300,000 USD 1,300,000 1.000% Sep 2017                    - 12,765 12,765
  The Royal Bank of Scotland PLC French Republic 0.59% 900,000 USD 900,000 0.250% Dec 2015                    - (9,733) (9,733)
  The Royal Bank of Scotland PLC French Republic 0.67% 500,000 USD 500,000 0.250% Mar 2016                    - (7,194) (7,194)
  The Royal Bank of Scotland PLC People's Republic of China 0.54% 4,900,000 USD 4,900,000 1.000% Jun 2016 403,776 (318,174) 85,602
  The Royal Bank of Scotland PLC People's Republic of China 0.59% 600,000 USD 600,000 1.000% Sep 2016 (33,336) 43,280 9,944
  UBS AG Berkshire Hathaway, Inc. 0.78% 1,400,000 USD 1,400,000 1.000% Mar 2015 (62,235) 70,190 7,955
  UBS AG Federative Republic of Brazil 0.71% 500,000 USD 500,000 1.000% Sep 2015 (8,141) 12,587 4,446
  UBS AG French Republic 0.54% 1,400,000 USD 1,400,000 0.250% Sep 2015 61,691 (73,706) (12,015)
  UBS AG United States of America 0.26% 12,700,000 EUR 16,290,280 0.250% Sep 2015 (123,710) 121,760 (1,950)
  UBS AG French Republic 0.67% 1,600,000 USD 1,600,000 0.250% Mar 2016 (11,080) (11,939) (23,019)
  UBS AG United Kingdom of Great Britain and Northern Ireland 0.29% 2,500,000 USD 2,500,000 1.000% Jun 2016 38,223 28,450 66,673
  UBS AG People's Republic of China 0.59% 200,000 USD 200,000 1.000% Sep 2016 (10,033) 13,348 3,315
  UBS AG Republic of Korea 0.58% 1,600,000 USD 1,600,000 1.000% Sep 2016 570,251 (543,101) 27,150
  UBS AG Republic of Korea 0.75% 3,900,000 USD 3,900,000 1.000% Jun 2017 (4,062) 50,826 46,764
  UBS AG People's Republic of China 0.83% 200,000 USD 200,000 1.000% Sep 2017 64,326 (62,593) 1,733
  UBS AG American International Group, Inc. 1.64% 100,000 USD 100,000 1.000% Dec 2020 23,122 (27,760) (4,638)
  UBS AG Republic of Indonesia 2.03% 600,000 USD 600,000 1.000% Jun 2021 (13,195) (33,674) (46,869)
  UBS AG Republic of Indonesia 2.03% 2,100,000 USD 2,100,000 1.000% Jun 2021 7,671 (171,713) (164,042)
            $493,704,980     $906,838 $4,395,208 $5,302,046

1 For CDS agreements where implied credit spreads are not reported or available, the resulting values of these agreements are the indicator of the current status of the payment/performance risk and represent the likelihood or risk of default.

 

Direct placement securities. The Portfolios may hold direct placement securities which are restricted to resale and the Portfolios have limited rights to registration under the Securities Act of 1933. The following table summarizes the direct placement securities held at September 30, 2012.

 

Portfolio Issuer, Description Original Acquisition date Acquisition cost Beginning share amount Ending share amount Value as a percentage of Fund's net assets   Value as of 9-30-12
Financial Services Trust SKBHC Holdings LLC 11/8/2010 $2,158,879 432 432 1.9%   $2,640,087
Health Sciences Trust Castlight Health, Inc. 4/26/2012 $168,800                          - 27,963 0.0% * $18,800
     Bought: 27,963 shares              
  TESARO, Inc. 6/6/2011 $268,609 51,999 35,285 0.2%   $477,002
     Bought: 71,499 shares              
     2:7 Stock Split:  (88,213) shares              
Science & Technology Trust Coupon.com 6/1/2011 $471,099 85,758 85,758 0.1%   $471,099
  Dropbox, Inc. 5/2/2012 $67,334                          - 7,441 0.0% * $67,334
     Bought: 7,441 shares              
  Dropbox, Inc., Series A 5/2/2012 $83,623                          - 9,241 0.0% * $83,623
     Bought: 9,241 shares              
  Dropbox, Inc., Series A1 5/2/2012 $805,424                          - 89,006 0.2%   $805,424
     Bought: 89,006 shares              
  Silver Spring Networks, Series E 12/11/2009 $386,000 38,600 38,600 0.1%   $289,500
  Twitter, Inc., Series E 9/24/2009 $333,049 125,031 125,031 0.4%   $1,592,895
  Workday, Inc. 10/13/2011 $120,479 8,977 9,053 0.0% * $172,007
     Bought: 76 shares              

* Less than 0.05%

 

For additional information on the Portfolios' significant accounting policies, please refer to the Portfolios' most recent semiannual or annual shareholder report.

 


Item 2. Controls and Procedures.

(a) The Registrant’s principal executive and principal financial officers have concluded, based upon their evaluation of the Registrant’s disclosure controls and procedures as of a date within 90 days of the filing date of this report, that the Registrant’s disclosure controls and procedures are reasonably designed to ensure that information required to be disclosed by the Registrant on Form N-Q is recorded, processed, summarized and reported within the required time periods and that information required to be disclosed by the Registrant in the reports that it files or submits on form N-Q is accumulated and communicated to the Registrant’s management, including its principal executive and principal financial officers, as appropriate to allow timely decisions regarding required disclosure.

(b) There were no changes to the Registrant’s internal control over financial reporting that occurred during the Registrant’s most recently ended fiscal quarter that have materially affected, or are reasonably likely to materially affect, the Registrant’s internal control over financial reporting.

Item 3. Exhibits.

(a) Certifications of principal executive and principal financial officers as required by Rule 30a-2(a) under the Investment Company Act of 1940 are attached hereto as EX-99.CERT.


SIGNATURES 

 

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Registrant: John Hancock Variable Insurance Trust

/s/ Hugh McHaffie
________________
Hugh McHaffie
President

Date: November 19, 2012

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.

/s/ Hugh McHaffie
________________
Hugh McHaffie
President

Date: November 19, 2012

/s/ Charles A. Rizzo
________________
Charles A. Rizzo
Chief Financial Officer

Date: November 19, 2012