John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

500 Index Trust

	Shares or Principal Amount	Value
COMMON STOCKS – 98.8%
Communication services – 11.2%
Diversified telecommunication services – 1.2%
AT&T, Inc.	1,483,481	$	40,068,822
Lumen Technologies, Inc.	208,597		2,584,517
Verizon Communications, Inc.	858,032		46,342,308
			88,995,647
Entertainment – 1.9%
Activision Blizzard, Inc.	160,872		12,449,884
Electronic Arts, Inc.	58,635		8,340,829
Live Nation Entertainment, Inc. (A)	27,466		2,502,977
Netflix, Inc. (A)	91,619		55,918,740
Take-Two Interactive Software, Inc. (A)	24,146		3,720,174
The Walt Disney Company (A)	376,832		63,748,669
			146,681,273
Interactive media and services – 6.7%
Alphabet, Inc., Class A (A)	62,420		166,881,118
Alphabet, Inc., Class C (A)	58,433		155,742,059
Facebook, Inc., Class A (A)	494,274		167,751,653
Match Group, Inc. (A)	57,406		9,012,168
Twitter, Inc. (A)	164,632		9,942,126
			509,329,124
Media – 1.2%
Charter Communications, Inc., Class A (A)	26,267		19,110,819
Comcast Corp., Class A	950,357		53,153,467
Discovery, Inc., Series A (A)(B)	33,828		858,555
Discovery, Inc., Series C (A)	67,922		1,648,467
DISH Network Corp., Class A (A)	52,099		2,264,223
Fox Corp., Class A	68,021		2,728,322
Fox Corp., Class B	27,297		1,013,265
News Corp., Class A	82,154		1,933,084
News Corp., Class B	25,708		597,197
Omnicom Group, Inc.	45,376		3,287,945
The Interpublic Group of Companies, Inc.	82,343		3,019,518
ViacomCBS, Inc., Class B	125,112		4,943,175
			94,558,037
Wireless telecommunication services – 0.2%
T-Mobile US, Inc. (A)	121,506		15,523,607
			855,087,688
Consumer discretionary – 12.2%
Auto components – 0.1%
Aptiv PLC (A)	55,969		8,337,702
BorgWarner, Inc.	51,908		2,242,945
			10,580,647
Automobiles – 2.1%
Ford Motor Company (A)	810,845		11,481,565
General Motors Company (A)	300,864		15,858,541
Tesla, Inc. (A)	168,227		130,456,674
			157,796,780
Distributors – 0.1%
Genuine Parts Company	28,878		3,500,880
LKQ Corp. (A)	55,379		2,786,671
Pool Corp.	8,463		3,676,412
			9,963,963
Hotels, restaurants and leisure – 2.0%
Booking Holdings, Inc. (A)	8,521		20,227,746
Caesars Entertainment, Inc. (A)	45,084		5,062,032
Carnival Corp. (A)	165,435		4,137,529
Chipotle Mexican Grill, Inc. (A)	5,813		10,565,244
Darden Restaurants, Inc.	27,470		4,160,881
Domino's Pizza, Inc.	7,732		3,687,855

500 Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Hotels, restaurants and leisure (continued)
Expedia Group, Inc. (A)	30,096	$	4,932,734
Hilton Worldwide Holdings, Inc. (A)	57,320		7,572,545
Las Vegas Sands Corp. (A)	72,287		2,645,704
Marriott International, Inc., Class A (A)	56,648		8,389,002
McDonald's Corp.	155,101		37,396,402
MGM Resorts International	81,583		3,520,306
Norwegian Cruise Line Holdings, Ltd. (A)	75,206		2,008,752
Penn National Gaming, Inc. (A)	33,440		2,423,062
Royal Caribbean Cruises, Ltd. (A)	45,409		4,039,131
Starbucks Corp.	244,224		26,940,349
Wynn Resorts, Ltd. (A)	21,994		1,863,992
Yum! Brands, Inc.	60,909		7,449,780
			157,023,046
Household durables – 0.4%
D.R. Horton, Inc.	68,073		5,716,090
Garmin, Ltd.	31,500		4,896,990
Leggett & Platt, Inc.	27,959		1,253,682
Lennar Corp., A Shares	55,918		5,238,398
Mohawk Industries, Inc. (A)	11,439		2,029,279
Newell Brands, Inc.	79,746		1,765,576
NVR, Inc. (A)	693		3,322,297
PulteGroup, Inc.	52,493		2,410,479
Whirlpool Corp.	13,155		2,681,778
			29,314,569
Internet and direct marketing retail – 4.1%
Amazon.com, Inc. (A)	90,303		296,648,967
eBay, Inc.	135,256		9,423,286
Etsy, Inc. (A)	26,198		5,448,136
			311,520,389
Leisure products – 0.0%
Hasbro, Inc.	26,911		2,400,999
Multiline retail – 0.5%
Dollar General Corp.	48,883		10,370,040
Dollar Tree, Inc. (A)	48,896		4,680,325
Target Corp.	102,528		23,455,331
			38,505,696
Specialty retail – 2.2%
Advance Auto Parts, Inc.	13,797		2,882,055
AutoZone, Inc. (A)	4,455		7,564,545
Bath & Body Works, Inc.	54,748		3,450,766
Best Buy Company, Inc.	47,394		5,010,020
CarMax, Inc. (A)	34,293		4,388,132
Lowe's Companies, Inc.	146,455		29,709,861
O'Reilly Automotive, Inc. (A)	14,202		8,678,274
Ross Stores, Inc.	73,944		8,048,804
The Gap, Inc.	43,392		984,998
The Home Depot, Inc.	220,359		72,335,045
The TJX Companies, Inc.	249,656		16,472,303
Tractor Supply Company	23,583		4,778,152
Ulta Beauty, Inc. (A)	11,316		4,084,171
			168,387,126
Textiles, apparel and luxury goods – 0.7%
Hanesbrands, Inc.	73,524		1,261,672
NIKE, Inc., Class B	264,924		38,474,913
PVH Corp. (A)	14,980		1,539,794
Ralph Lauren Corp.	10,171		1,129,388
Tapestry, Inc.	58,336		2,159,599
Under Armour, Inc., Class A (A)	39,815		803,467
Under Armour, Inc., Class C (A)	41,065		719,459
VF Corp.	65,973		4,419,531
			50,507,823
			936,001,038

 

1

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

500 Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Consumer staples – 5.7%
Beverages – 1.4%
Brown-Forman Corp., Class B	38,545	$	2,582,900
Constellation Brands, Inc., Class A	34,581		7,285,871
Molson Coors Beverage Company, Class B	39,713		1,841,889
Monster Beverage Corp. (A)	78,588		6,980,972
PepsiCo, Inc.	286,324		43,065,993
The Coca-Cola Company	805,444		42,261,647
			104,019,272
Food and staples retailing – 1.3%
Costco Wholesale Corp.	91,846		41,271,000
Sysco Corp.	105,637		8,292,505
The Kroger Company	140,585		5,683,852
Walgreens Boots Alliance, Inc.	148,678		6,995,300
Walmart, Inc.	296,195		41,283,659
			103,526,316
Food products – 0.9%
Archer-Daniels-Midland Company	114,706		6,883,507
Campbell Soup Company	42,753		1,787,503
Conagra Brands, Inc.	99,512		3,370,471
General Mills, Inc.	126,813		7,585,954
Hormel Foods Corp.	59,256		2,429,496
Kellogg Company	53,588		3,425,345
Lamb Weston Holdings, Inc.	30,687		1,883,261
McCormick & Company, Inc.	52,348		4,241,758
Mondelez International, Inc., Class A	289,746		16,857,422
The Hershey Company	30,266		5,122,521
The J.M. Smucker Company	22,403		2,689,032
The Kraft Heinz Company	139,239		5,126,780
Tyson Foods, Inc., Class A	60,152		4,748,399
			66,151,449
Household products – 1.3%
Church & Dwight Company, Inc.	49,678		4,101,912
Colgate-Palmolive Company	175,659		13,276,307
Kimberly-Clark Corp.	69,374		9,187,893
The Clorox Company	26,017		4,308,675
The Procter & Gamble Company	503,379		70,372,384
			101,247,171
Personal products – 0.2%
The Estee Lauder Companies, Inc., Class A	47,854		14,352,850
Tobacco – 0.6%
Altria Group, Inc.	382,018		17,389,459
Philip Morris International, Inc.	323,800		30,693,002
			48,082,461
			437,379,519
Energy – 2.7%
Energy equipment and services – 0.2%
Baker Hughes Company	171,939		4,252,051
Halliburton Company	185,514		4,010,813
Schlumberger NV	287,462		8,520,374
			16,783,238
Oil, gas and consumable fuels – 2.5%
APA Corp.	79,711		1,708,207
Cabot Oil & Gas Corp.	84,171		1,831,561
Chevron Corp.	400,967		40,678,102
ConocoPhillips	277,428		18,801,296
Devon Energy Corp.	130,215		4,623,935
Diamondback Energy, Inc.	34,858		3,300,007
EOG Resources, Inc.	120,497		9,672,294
Exxon Mobil Corp.	876,789		51,572,729
Hess Corp.	58,148		4,541,940

500 Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Oil, gas and consumable fuels (continued)
Kinder Morgan, Inc.	402,209	$	6,728,957
Marathon Oil Corp.	166,711		2,278,939
Marathon Petroleum Corp.	130,993		8,096,677
Occidental Petroleum Corp.	183,848		5,438,224
ONEOK, Inc.	93,180		5,403,508
Phillips 66	90,294		6,323,289
Pioneer Natural Resources Company	46,932		7,814,647
The Williams Companies, Inc.	250,317		6,493,223
Valero Energy Corp.	86,425		6,099,012
			191,406,547
			208,189,785
Financials – 11.2%
Banks – 4.3%
Bank of America Corp.	1,535,875		65,197,894
Citigroup, Inc.	420,361		29,500,935
Citizens Financial Group, Inc.	86,473		4,062,502
Comerica, Inc.	26,674		2,147,257
Fifth Third Bancorp	140,762		5,973,939
First Republic Bank	36,347		7,010,609
Huntington Bancshares, Inc.	305,527		4,723,447
JPMorgan Chase & Co.	619,784		101,452,443
KeyCorp	197,883		4,278,230
M&T Bank Corp.	27,090		4,045,621
People's United Financial, Inc.	89,701		1,567,076
Regions Financial Corp.	192,883		4,110,337
SVB Financial Group (A)	12,182		7,880,292
The PNC Financial Services Group, Inc.	88,019		17,220,037
Truist Financial Corp.	276,292		16,204,526
U.S. Bancorp	279,889		16,636,602
Wells Fargo & Company	851,713		39,528,000
Zions Bancorp NA	34,628		2,143,127
			333,682,874
Capital markets – 3.0%
Ameriprise Financial, Inc.	23,617		6,237,722
BlackRock, Inc.	29,584		24,810,917
Cboe Global Markets, Inc.	21,376		2,647,631
CME Group, Inc.	74,746		14,454,381
Franklin Resources, Inc.	56,488		1,678,823
Intercontinental Exchange, Inc.	116,886		13,420,851
Invesco, Ltd.	70,774		1,706,361
MarketAxess Holdings, Inc.	7,788		3,276,334
Moody's Corp.	33,592		11,928,855
Morgan Stanley	302,850		29,470,334
MSCI, Inc.	17,229		10,481,090
Nasdaq, Inc.	24,281		4,686,719
Northern Trust Corp.	43,945		4,737,710
Raymond James Financial, Inc.	38,669		3,568,329
S&P Global, Inc.	50,115		21,293,362
State Street Corp.	70,355		5,960,476
T. Rowe Price Group, Inc.	47,073		9,259,259
The Bank of New York Mellon Corp.	165,056		8,556,503
The Charles Schwab Corp.	310,276		22,600,504
The Goldman Sachs Group, Inc.	69,930		26,435,638
			227,211,799
Consumer finance – 0.6%
American Express Company	133,431		22,353,695
Capital One Financial Corp.	92,524		14,986,112
Discover Financial Services	61,611		7,568,911

 

2

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

500 Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Consumer finance (continued)
Synchrony Financial	117,905	$	5,763,196
			50,671,914
Diversified financial services – 1.4%
Berkshire Hathaway, Inc., Class B (A)	384,396		104,917,044
Insurance – 1.9%
Aflac, Inc.	128,212		6,683,692
American International Group, Inc.	178,533		9,799,676
Aon PLC, Class A	46,673		13,337,743
Arthur J. Gallagher & Company	42,861		6,371,288
Assurant, Inc.	12,287		1,938,274
Brown & Brown, Inc.	48,405		2,684,057
Chubb, Ltd.	90,966		15,780,782
Cincinnati Financial Corp.	31,591		3,608,324
Everest Re Group, Ltd.	8,441		2,116,834
Globe Life, Inc.	19,308		1,718,991
Lincoln National Corp.	35,407		2,434,231
Loews Corp.	42,110		2,270,992
Marsh & McLennan Companies, Inc.	105,568		15,986,162
MetLife, Inc.	151,281		9,338,576
Principal Financial Group, Inc.	53,421		3,440,312
Prudential Financial, Inc.	79,866		8,401,903
The Allstate Corp.	61,216		7,793,409
The Hartford Financial Services Group, Inc.	71,995		5,057,649
The Progressive Corp.	121,880		11,016,733
The Travelers Companies, Inc.	51,275		7,794,313
W.R. Berkley Corp.	29,696		2,173,153
Willis Towers Watson PLC	26,600		6,183,436
			145,930,530
			862,414,161
Health care – 13.1%
Biotechnology – 1.9%
AbbVie, Inc.	365,702		39,448,275
Amgen, Inc.	117,743		25,038,049
Biogen, Inc. (A)	30,566		8,649,872
Gilead Sciences, Inc.	261,008		18,231,409
Incyte Corp. (A)	39,257		2,700,096
Moderna, Inc. (A)	72,808		28,020,887
Regeneron Pharmaceuticals, Inc. (A)	21,811		13,199,581
Vertex Pharmaceuticals, Inc. (A)	54,128		9,818,278
			145,106,447
Health care equipment and supplies – 3.7%
Abbott Laboratories	367,222		43,379,935
ABIOMED, Inc. (A)	9,513		3,096,672
Align Technology, Inc. (A)	15,245		10,144,480
Baxter International, Inc.	104,277		8,386,999
Becton, Dickinson and Company	59,555		14,639,810
Boston Scientific Corp. (A)	296,928		12,883,706
Danaher Corp.	131,642		40,077,090
Dentsply Sirona, Inc.	46,141		2,678,485
DexCom, Inc. (A)	20,208		11,050,947
Edwards Lifesciences Corp. (A)	129,668		14,679,714
Hologic, Inc. (A)	52,931		3,906,837
IDEXX Laboratories, Inc. (A)	17,685		10,998,302
Intuitive Surgical, Inc. (A)	24,665		24,520,710
Medtronic PLC	278,741		34,940,184
ResMed, Inc.	29,984		7,902,283
STERIS PLC	20,722		4,233,090
Stryker Corp.	69,638		18,364,933
Teleflex, Inc.	9,823		3,698,851
The Cooper Companies, Inc.	9,999		4,132,687
West Pharmaceutical Services, Inc.	15,159		6,435,602

500 Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Health care equipment and supplies (continued)
Zimmer Biomet Holdings, Inc.	42,853	$	6,271,965
			286,423,282
Health care providers and services – 2.5%
AmerisourceBergen Corp.	31,039		3,707,609
Anthem, Inc.	50,822		18,946,442
Cardinal Health, Inc.	61,757		3,054,501
Centene Corp. (A)	120,248		7,492,653
Cigna Corp.	70,521		14,115,483
CVS Health Corp.	274,685		23,309,769
DaVita, Inc. (A)	13,128		1,526,261
HCA Healthcare, Inc.	51,133		12,411,002
Henry Schein, Inc. (A)	27,641		2,105,139
Humana, Inc.	26,732		10,402,758
Laboratory Corp. of America Holdings (A)	19,927		5,608,255
McKesson Corp.	31,975		6,375,176
Quest Diagnostics, Inc.	25,344		3,682,737
UnitedHealth Group, Inc.	195,568		76,416,240
Universal Health Services, Inc., Class B	15,064		2,084,406
			191,238,431
Health care technology – 0.1%
Cerner Corp.	61,093		4,308,278
Life sciences tools and services – 1.4%
Agilent Technologies, Inc.	62,520		9,848,776
Bio-Rad Laboratories, Inc., Class A (A)	4,517		3,369,456
Bio-Techne Corp.	8,101		3,925,502
Charles River Laboratories International, Inc. (A)	10,631		4,387,095
Illumina, Inc. (A)	30,376		12,320,809
IQVIA Holdings, Inc. (A)	39,650		9,497,761
Mettler-Toledo International, Inc. (A)	4,753		6,546,592
PerkinElmer, Inc.	23,613		4,091,897
Thermo Fisher Scientific, Inc.	81,729		46,694,230
Waters Corp. (A)	12,596		4,500,551
			105,182,669
Pharmaceuticals – 3.5%
Bristol-Myers Squibb Company	461,224		27,290,624
Catalent, Inc. (A)	34,663		4,612,605
Eli Lilly & Company	164,440		37,993,862
Johnson & Johnson	545,691		88,129,097
Merck & Company, Inc.	524,216		39,373,864
Organon & Company	52,421		1,718,885
Pfizer, Inc.	1,163,254		50,031,555
Viatris, Inc.	247,514		3,353,815
Zoetis, Inc.	97,983		19,022,420
			271,526,727
			1,003,785,834
Industrials – 7.9%
Aerospace and defense – 1.5%
General Dynamics Corp.	48,236		9,455,703
Howmet Aerospace, Inc.	82,893		2,586,262
Huntington Ingalls Industries, Inc.	8,551		1,650,856
L3Harris Technologies, Inc.	41,579		9,157,359
Lockheed Martin Corp.	51,285		17,698,454
Northrop Grumman Corp.	31,129		11,211,109
Raytheon Technologies Corp.	312,343		26,849,004
Textron, Inc.	47,174		3,293,217
The Boeing Company (A)	113,847		25,039,509
TransDigm Group, Inc. (A)	10,837		6,768,465
			113,709,938
Air freight and logistics – 0.6%
CH Robinson Worldwide, Inc.	26,300		2,288,100

 

3

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

500 Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Air freight and logistics (continued)
Expeditors International of Washington, Inc.	35,406	$	4,217,917
FedEx Corp.	51,080		11,201,333
United Parcel Service, Inc., Class B	150,935		27,485,264
			45,192,614
Airlines – 0.2%
Alaska Air Group, Inc. (A)	26,110		1,530,046
American Airlines Group, Inc. (A)	135,186		2,774,017
Delta Air Lines, Inc. (A)	131,545		5,605,132
Southwest Airlines Company (A)	121,733		6,260,728
United Airlines Holdings, Inc. (A)	65,955		3,137,479
			19,307,402
Building products – 0.5%
A.O. Smith Corp.	28,588		1,745,869
Allegion PLC	19,163		2,532,965
Carrier Global Corp.	179,903		9,311,779
Fortune Brands Home & Security, Inc.	29,174		2,608,739
Johnson Controls International PLC	147,584		10,047,519
Masco Corp.	51,557		2,863,991
Trane Technologies PLC	49,610		8,565,167
			37,676,029
Commercial services and supplies – 0.4%
Cintas Corp.	18,360		6,988,918
Copart, Inc. (A)	43,630		6,052,354
Republic Services, Inc.	42,819		5,140,849
Rollins, Inc.	46,720		1,650,618
Waste Management, Inc.	80,776		12,064,703
			31,897,442
Construction and engineering – 0.0%
Quanta Services, Inc.	29,147		3,317,512
Electrical equipment – 0.6%
AMETEK, Inc.	47,383		5,875,966
Eaton Corp. PLC	82,979		12,389,594
Emerson Electric Company	124,414		11,719,799
Generac Holdings, Inc. (A)	13,024		5,322,518
Rockwell Automation, Inc.	23,962		7,045,786
			42,353,663
Industrial conglomerates – 1.1%
3M Company	120,021		21,054,084
General Electric Company	227,868		23,477,240
Honeywell International, Inc.	143,166		30,391,278
Roper Technologies, Inc.	21,805		9,727,865
			84,650,467
Machinery – 1.5%
Caterpillar, Inc.	113,175		21,726,205
Cummins, Inc.	29,660		6,660,450
Deere & Company	58,831		19,712,503
Dover Corp.	29,330		4,560,815
Fortive Corp.	74,016		5,223,309
IDEX Corp.	15,946		3,300,025
Illinois Tool Works, Inc.	59,150		12,222,165
Ingersoll Rand, Inc. (A)	83,601		4,214,326
Otis Worldwide Corp.	88,373		7,271,330
PACCAR, Inc.	71,607		5,651,224
Parker-Hannifin Corp.	26,674		7,458,584
Pentair PLC	35,036		2,544,665
Snap-on, Inc.	11,502		2,403,343
Stanley Black & Decker, Inc.	34,060		5,971,059
Wabtec Corp.	39,950		3,444,090

500 Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Machinery (continued)
Xylem, Inc.	36,535	$	4,518,649
			116,882,742
Professional services – 0.4%
Equifax, Inc.	24,978		6,329,925
IHS Markit, Ltd.	82,684		9,642,608
Jacobs Engineering Group, Inc.	26,277		3,482,491
Leidos Holdings, Inc.	28,226		2,713,365
Nielsen Holdings PLC	75,338		1,445,736
Robert Half International, Inc.	22,310		2,238,362
Verisk Analytics, Inc.	33,630		6,735,080
			32,587,567
Road and rail – 0.9%
CSX Corp.	466,555		13,875,346
JB Hunt Transport Services, Inc.	17,602		2,943,406
Kansas City Southern	19,012		5,145,408
Norfolk Southern Corp.	51,073		12,219,215
Old Dominion Freight Line, Inc.	19,653		5,620,365
Union Pacific Corp.	135,061		26,473,307
			66,277,047
Trading companies and distributors – 0.2%
Fastenal Company	118,516		6,116,611
United Rentals, Inc. (A)	15,222		5,341,856
W.W. Grainger, Inc.	9,184		3,609,863
			15,068,330
			608,920,753
Information technology – 27.3%
Communications equipment – 0.8%
Arista Networks, Inc. (A)	11,655		4,005,124
Cisco Systems, Inc.	872,067		47,466,607
F5 Networks, Inc. (A)	12,918		2,567,840
Juniper Networks, Inc.	70,058		1,927,996
Motorola Solutions, Inc.	35,078		8,149,321
			64,116,888
Electronic equipment, instruments and components – 0.7%
Amphenol Corp., Class A	124,040		9,083,449
CDW Corp.	28,823		5,246,362
Corning, Inc.	160,696		5,863,797
IPG Photonics Corp. (A)	7,535		1,193,544
Keysight Technologies, Inc. (A)	38,474		6,320,893
TE Connectivity, Ltd.	68,576		9,409,999
Teledyne Technologies, Inc. (A)	9,637		4,139,862
Trimble, Inc. (A)	51,229		4,213,585
Zebra Technologies Corp., Class A (A)	10,921		5,628,902
			51,100,393
IT services – 4.8%
Accenture PLC, Class A	131,333		42,016,053
Akamai Technologies, Inc. (A)	34,360		3,593,712
Automatic Data Processing, Inc.	88,128		17,618,550
Broadridge Financial Solutions, Inc.	24,320		4,052,685
Cognizant Technology Solutions Corp., Class A	108,530		8,054,011
DXC Technology Company (A)	53,680		1,804,185
Fidelity National Information Services, Inc.	127,546		15,519,797
Fiserv, Inc. (A)	123,548		13,404,958
FleetCor Technologies, Inc. (A)	17,287		4,516,574
Gartner, Inc. (A)	17,088		5,192,701
Global Payments, Inc.	61,193		9,642,793
IBM Corp.	185,426		25,761,234
Jack Henry & Associates, Inc.	15,371		2,521,766
Mastercard, Inc., Class A	180,616		62,796,571
Paychex, Inc.	66,285		7,453,748

 

4

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

500 Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
IT services (continued)
PayPal Holdings, Inc. (A)	243,771	$	63,431,652
The Western Union Company	86,795		1,754,995
VeriSign, Inc. (A)	19,864		4,072,319
Visa, Inc., Class A	349,943		77,949,803
			371,158,107
Semiconductors and semiconductor equipment – 5.5%
Advanced Micro Devices, Inc. (A)	252,182		25,949,528
Analog Devices, Inc.	111,265		18,634,662
Applied Materials, Inc.	188,688		24,289,806
Broadcom, Inc.	85,116		41,275,302
Enphase Energy, Inc. (A)	28,035		4,204,409
Intel Corp.	839,773		44,743,105
KLA Corp.	31,597		10,569,512
Lam Research Corp.	29,597		16,845,133
Microchip Technology, Inc.	57,042		8,755,377
Micron Technology, Inc.	234,360		16,634,873
Monolithic Power Systems, Inc.	9,094		4,407,680
NVIDIA Corp.	516,663		107,031,907
NXP Semiconductors NV	54,981		10,769,128
Qorvo, Inc. (A)	23,309		3,897,032
QUALCOMM, Inc.	233,877		30,165,455
Skyworks Solutions, Inc.	34,395		5,667,608
Teradyne, Inc.	33,450		3,651,737
Texas Instruments, Inc.	191,180		36,746,708
Xilinx, Inc.	50,740		7,661,233
			421,900,195
Software – 9.2%
Adobe, Inc. (A)	98,781		56,870,197
ANSYS, Inc. (A)	18,268		6,219,341
Autodesk, Inc. (A)	45,755		13,047,953
Cadence Design Systems, Inc. (A)	57,841		8,759,441
Ceridian HCM Holding, Inc. (A)	27,911		3,143,337
Citrix Systems, Inc.	25,084		2,693,269
Fortinet, Inc. (A)	28,366		8,284,007
Intuit, Inc.	56,475		30,468,827
Microsoft Corp.	1,558,129		439,267,728
NortonLifeLock, Inc.	117,302		2,967,741
Oracle Corp.	341,556		29,759,774
Paycom Software, Inc. (A)	10,034		4,974,356
PTC, Inc. (A)	21,504		2,575,964
salesforce.com, Inc. (A)	201,388		54,620,453
ServiceNow, Inc. (A)	41,066		25,554,140
Synopsys, Inc. (A)	31,463		9,420,337
Tyler Technologies, Inc. (A)	8,498		3,897,608
			702,524,473
Technology hardware, storage and peripherals – 6.3%
Apple, Inc.	3,255,666		460,676,744
Hewlett Packard Enterprise Company	271,657		3,871,112
HP, Inc.	248,230		6,791,573
NetApp, Inc.	46,883		4,208,218
Seagate Technology Holdings PLC	44,012		3,631,870
Western Digital Corp. (A)	63,887		3,605,782
			482,785,299
			2,093,585,355
Materials – 2.5%
Chemicals – 1.7%
Air Products & Chemicals, Inc.	46,023		11,786,951
Albemarle Corp.	24,100		5,277,177
Celanese Corp.	22,681		3,416,666
CF Industries Holdings, Inc.	45,166		2,521,166
Corteva, Inc.	150,181		6,319,616
Dow, Inc.	154,100		8,869,996
DuPont de Nemours, Inc.	108,680		7,389,153

500 Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Chemicals (continued)
Eastman Chemical Company	28,583	$	2,879,451
Ecolab, Inc.	51,678		10,781,064
FMC Corp.	27,361		2,505,173
International Flavors & Fragrances, Inc.	51,188		6,844,859
Linde PLC	107,171		31,441,828
LyondellBasell Industries NV, Class A	54,908		5,153,116
PPG Industries, Inc.	48,926		6,996,907
The Mosaic Company	72,850		2,602,202
The Sherwin-Williams Company	50,064		14,004,403
			128,789,728
Construction materials – 0.1%
Martin Marietta Materials, Inc.	13,150		4,493,092
Vulcan Materials Company	27,028		4,572,056
			9,065,148
Containers and packaging – 0.4%
Amcor PLC	319,858		3,707,154
Avery Dennison Corp.	17,625		3,652,076
Ball Corp.	67,530		6,075,674
International Paper Company	80,384		4,495,073
Packaging Corp. of America	20,027		2,752,511
Sealed Air Corp.	29,495		1,616,031
Westrock Company	54,829		2,732,129
			25,030,648
Metals and mining – 0.3%
Freeport-McMoRan, Inc.	306,723		9,977,699
Newmont Corp.	163,783		8,893,417
Nucor Corp.	60,772		5,985,434
			24,856,550
			187,742,074
Real estate – 2.6%
Equity real estate investment trusts – 2.5%
Alexandria Real Estate Equities, Inc.	28,946		5,530,712
American Tower Corp.	94,581		25,102,743
AvalonBay Communities, Inc.	28,919		6,409,607
Boston Properties, Inc.	29,909		3,240,640
Crown Castle International Corp.	89,878		15,577,655
Digital Realty Trust, Inc.	58,298		8,421,146
Duke Realty Corp.	78,255		3,746,067
Equinix, Inc.	18,513		14,627,677
Equity Residential	70,120		5,674,110
Essex Property Trust, Inc.	13,232		4,230,800
Extra Space Storage, Inc.	27,257		4,578,903
Federal Realty Investment Trust	14,536		1,715,103
Healthpeak Properties, Inc.	109,414		3,663,181
Host Hotels & Resorts, Inc. (A)	148,936		2,432,125
Iron Mountain, Inc.	60,850		2,643,933
Kimco Realty Corp.	127,459		2,644,774
Mid-America Apartment Communities, Inc.	24,151		4,510,199
Prologis, Inc.	154,035		19,320,610
Public Storage	31,542		9,371,128
Realty Income Corp.	81,238		5,269,097
Regency Centers Corp.	30,449		2,050,131
SBA Communications Corp.	22,917		7,575,673
Simon Property Group, Inc.	68,047		8,844,069
UDR, Inc.	58,503		3,099,489
Ventas, Inc.	78,788		4,349,885
Vornado Realty Trust	33,101		1,390,573
Welltower, Inc.	88,442		7,287,621

 

5

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

500 Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Equity real estate investment trusts (continued)
Weyerhaeuser Company	153,772	$	5,469,670
			188,777,321
Real estate management and development – 0.1%
CBRE Group, Inc., Class A (A)	68,835		6,701,776
			195,479,097
Utilities – 2.4%
Electric utilities – 1.6%
Alliant Energy Corp.	52,719		2,951,210
American Electric Power Company, Inc.	103,212		8,378,750
Duke Energy Corp.	159,317		15,547,746
Edison International	77,804		4,315,788
Entergy Corp.	40,990		4,070,717
Evergy, Inc.	47,901		2,979,442
Eversource Energy	70,847		5,792,451
Exelon Corp.	202,740		9,800,452
FirstEnergy Corp.	114,481		4,077,813
NextEra Energy, Inc.	405,789		31,862,552
NRG Energy, Inc.	51,556		2,105,031
Pinnacle West Capital Corp.	23,769		1,719,925
PPL Corp.	157,606		4,394,055
The Southern Company	219,931		13,629,124
Xcel Energy, Inc.	112,306		7,019,125
			118,644,181
Gas utilities – 0.0%
Atmos Energy Corp.	26,050		2,297,610
Independent power and renewable electricity producers – 0.0%
The AES Corp.	140,460		3,206,702
Multi-utilities – 0.7%
Ameren Corp.	54,486		4,413,366
CenterPoint Energy, Inc.	122,902		3,023,389
CMS Energy Corp.	60,456		3,611,037
Consolidated Edison, Inc.	73,712		5,350,754
Dominion Energy, Inc.	166,972		12,192,295
DTE Energy Company	40,684		4,544,810
NiSource, Inc.	80,885		1,959,844
Public Service Enterprise Group, Inc.	104,537		6,366,303
Sempra Energy	66,501		8,412,377
WEC Energy Group, Inc.	65,208		5,751,346
			55,625,521
Water utilities – 0.1%
American Water Works Company, Inc.	37,404		6,322,772
			186,096,786
TOTAL COMMON STOCKS (Cost $2,850,738,271)		$	7,574,682,090

500 Index Trust (continued)

		Shares or Principal Amount	Value
SHORT-TERM INVESTMENTS – 1.5%
U.S. Government – 1.4%
U.S. Treasury Bill
0.045%, 10/14/2021 *	$	10,000,000	$	9,999,901
0.045%, 11/04/2021 *		4,000,000		3,999,717
0.046%, 10/19/2021 *		30,000,000		29,998,931
0.050%, 11/02/2021 *		15,000,000		14,999,220
0.051%, 10/12/2021 *		16,000,000		15,999,860
0.060%, 11/09/2021 *		29,000,000		28,998,233
				103,995,862
Short-term funds – 0.0%
John Hancock Collateral Trust, 0.0303% (C)(D)		86,950		870,041
Repurchase agreement – 0.1%
Repurchase Agreement with State Street Corp. dated 9-30-21 at 0.000% to be repurchased at $9,145,000 on 10-1-21, collateralized by $8,093,200 U.S. Treasury Inflation Indexed Notes, 0.625% due 4-15-23 (valued at $9,327,998)	$	9,145,000		9,145,000
TOTAL SHORT-TERM INVESTMENTS (Cost $114,011,246)			$	114,010,903
Total Investments (500 Index Trust) (Cost $2,964,749,517) – 100.3%			$	7,688,692,993
Other assets and liabilities, net – (0.3%)				(20,315,865)
TOTAL NET ASSETS – 100.0%			$	7,668,377,128

Security Abbreviations and Legend
(A)	Non-income producing security.
(B)	All or a portion of this security is on loan as of 9-30-21. The value of securities on loan amounted to $851,290.
(C)	The rate shown is the annualized seven-day yield as of 9-30-21.
(D)	Investment is an affiliate of the fund, the advisor and/or subadvisor. This security represents the investment of cash collateral received for securities lending.
*	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.

 

DERIVATIVES

FUTURES

Open contracts	Number of contracts	Position	Expiration date	Notional basis^	Notional value^	Unrealized appreciation (depreciation)
S&P 500 Index E-Mini Futures	455	Long	Dec 2021	$101,913,314	$97,773,813	$(4,139,501)
						$(4,139,501)

^ Notional basis refers to the contractual amount agreed upon at inception of open contracts; notional value represents the current value of the open contract.

6

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Active Bond Trust

		Shares or Principal Amount	Value
U.S. GOVERNMENT AND AGENCY OBLIGATIONS – 32.0%
U.S. Government – 13.8%
U.S. Treasury Bonds
1.250%, 05/15/2050	$	2,000,000	$	1,636,172
1.625%, 11/15/2050		6,500,000		5,839,590
1.750%, 08/15/2041		5,465,000		5,224,198
1.875%, 02/15/2041		6,000,000		5,868,750
2.250%, 05/15/2041		3,000,000		3,119,531
2.375%, 05/15/2051		10,822,300		11,549,423
2.500%, 02/15/2045		12,428,000		13,421,269
2.875%, 05/15/2049		3,000,000		3,509,531
3.000%, 02/15/2047		3,420,000		4,052,433
3.125%, 11/15/2041		3,886,000		4,627,983
U.S. Treasury Notes
0.125%, 08/31/2023		1,650,000		1,645,617
0.250%, 09/30/2023 to 09/15/2024		7,092,000		7,067,303
0.375%, 08/15/2024		1,150,000		1,145,867
1.125%, 08/31/2028 to 02/15/2031		7,353,000		7,207,089
1.250%, 03/31/2028 to 08/15/2031		8,526,000		8,378,920
1.625%, 05/15/2031		3,000,000		3,035,156
2.375%, 05/15/2027		6,000,000		6,417,188
2.875%, 08/15/2028		7,000,000		7,732,539
				101,478,559
U.S. Government Agency – 18.2%
Federal Home Loan Mortgage Corp.
2.500%, 08/01/2050		275,225		286,069
3.000%, 03/01/2043 to 12/01/2049		6,124,640		6,520,041
3.500%, 10/01/2046 to 11/01/2048		8,212,442		8,871,879
4.000%, 01/01/2041 to 08/01/2048		829,284		901,738
4.500%, 09/01/2023 to 10/01/2041		1,427,088		1,590,972
Federal National Mortgage Association
1.866%, (12 month LIBOR + 1.608%), 08/01/2034 (A)		210,140		217,654
2.000%, TBA (B)		4,298,000		4,309,014
2.000%, 09/01/2050 to 10/01/2050		4,326,680		4,364,082
2.372%, (6 month LIBOR + 2.122%), 07/01/2033 (A)		16,609		17,243
2.500%, TBA (B)		6,353,000		6,550,787
2.500%, 09/01/2050		992,695		1,031,808
3.000%, TBA (B)		26,250,000		27,471,218
3.000%, 01/01/2043 to 11/01/2049		7,115,635		7,604,778
3.500%, TBA (B)		25,000,000		26,456,045
3.500%, 06/01/2042 to 09/01/2049		7,284,520		7,896,655
4.000%, TBA (B)		16,000,000		17,144,374
4.000%, 10/01/2025 to 11/01/2045		3,880,254		4,239,864
4.500%, 05/01/2041		1,106,776		1,234,879
5.000%, 01/01/2022 to 02/01/2036		1,210,164		1,357,288
5.500%, 09/01/2034 to 01/01/2037		1,561,982		1,797,887
6.000%, 05/01/2035 to 02/01/2036		1,211,735		1,412,794
7.000%, 09/01/2031 to 06/01/2032		105,015		124,742
7.500%, 09/01/2029 to 08/01/2031		15,328		17,652
Government National Mortgage Association
4.000%, 02/15/2041		1,005,157		1,099,900
5.000%, 04/15/2035		180,268		202,725
5.500%, 03/15/2035		98,520		111,780
6.000%, 03/15/2033 to 06/15/2033		125,663		144,068
6.500%, 09/15/2028 to 08/15/2031		21,187		23,922
7.000%, 04/15/2029		23,373		26,524
8.000%, 10/15/2026		12,537		13,901
				133,042,283
TOTAL U.S. GOVERNMENT AND AGENCY OBLIGATIONS (Cost $231,548,188)			$	234,520,842

Active Bond Trust (continued)

		Shares or Principal Amount	Value
FOREIGN GOVERNMENT OBLIGATIONS – 0.7%
Argentina – 0.1%
Republic of Argentina (2.500% to 7-9-22, then 3.500% to 7-9-29, then 4.875% thereafter), 07/09/2041	$	1,219,000	$	447,702
Republic of Argentina, GDP-Linked Note 6.830%, 12/15/2035 (C)*	ARS	19,532,033		3,066
				450,768
Germany – 0.2%
Federal Republic of Germany 6.250%, 01/04/2030	EUR	725,000		1,309,519
Mexico – 0.1%
Government of Mexico 8.000%, 12/07/2023	MXN	11,861,100		594,592
Panama – 0.1%
Republic of Panama
8.875%, 09/30/2027	$	344,000		468,617
9.375%, 04/01/2029		130,000		188,945
				657,562
Qatar – 0.1%
State of Qatar
3.375%, 03/14/2024 (D)		428,000		455,110
5.103%, 04/23/2048 (D)		255,000		338,059
				793,169
Saudi Arabia – 0.1%
Kingdom of Saudi Arabia 4.375%, 04/16/2029 (D)		691,000		795,530
United Kingdom – 0.0%
Government of United Kingdom 6.000%, 12/07/2028	GBP	85,000		156,305
TOTAL FOREIGN GOVERNMENT OBLIGATIONS (Cost $4,649,145)			$	4,757,445
CORPORATE BONDS – 47.7%
Communication services – 5.4%
AMC Entertainment Holdings, Inc. (10.000% Cash or 12.000% PIK) 12.000%, 06/15/2026 (D)	$	360,000		348,300
ANGI Group LLC 3.875%, 08/15/2028 (D)		221,000		219,895
AT&T, Inc.
2.300%, 06/01/2027		322,000		333,262
3.100%, 02/01/2043		1,617,000		1,550,293
3.500%, 06/01/2041		559,000		573,942
3.650%, 06/01/2051		147,000		149,791
4.350%, 06/15/2045		285,000		321,901
7.625%, 04/15/2031		451,000		626,250
C&W Senior Financing DAC 6.875%, 09/15/2027 (D)		315,000		331,144
Cable One, Inc. 4.000%, 11/15/2030 (D)		126,000		125,528
CCO Holdings LLC 4.500%, 06/01/2033 (D)		210,000		213,721
Charter Communications Operating LLC
2.800%, 04/01/2031		400,000		400,904
3.900%, 06/01/2052		230,000		229,097
4.200%, 03/15/2028		581,000		648,913
4.800%, 03/01/2050		715,000		802,377
5.750%, 04/01/2048		761,000		961,366
6.484%, 10/23/2045		600,000		815,748
Cincinnati Bell, Inc. 7.000%, 07/15/2024 (D)		351,000		357,223
Clear Channel Outdoor Holdings, Inc. 7.750%, 04/15/2028 (D)		95,000		99,988

 

7

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Active Bond Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Communication services (continued)
Comcast Corp.
3.969%, 11/01/2047	$	633,000	$	722,768
3.999%, 11/01/2049		761,000		881,367
4.150%, 10/15/2028		941,000		1,082,182
Connect Finco SARL 6.750%, 10/01/2026 (D)		400,000		418,500
CSC Holdings LLC 5.875%, 09/15/2022		215,000		222,391
Deutsche Telekom International Finance BV 8.750%, 06/15/2030		758,000		1,130,094
Fox Corp. 3.500%, 04/08/2030 (E)		400,000		436,305
GCI LLC 4.750%, 10/15/2028 (D)		237,000		248,803
Globo Comunicacao e Participacoes SA 4.875%, 01/22/2030 (D)		400,000		396,200
Level 3 Financing, Inc. 3.400%, 03/01/2027 (D)		377,000		397,113
Lions Gate Capital Holdings LLC 5.500%, 04/15/2029 (D)		385,000		398,001
Live Nation Entertainment, Inc. 4.750%, 10/15/2027 (D)		355,000		360,763
Lumen Technologies, Inc. 7.600%, 09/15/2039		1,000,000		1,120,000
Match Group Holdings II LLC
3.625%, 10/01/2031 (D)		139,000		137,350
4.125%, 08/01/2030 (D)		234,000		243,653
Midas OpCo Holdings LLC 5.625%, 08/15/2029 (D)		523,000		541,174
Millicom International Cellular SA 6.250%, 03/25/2029 (D)		214,200		234,549
MTN Mauritius Investments, Ltd. 4.755%, 11/11/2024 (D)		140,000		146,487
Netflix, Inc.
4.375%, 11/15/2026		700,000		782,250
4.875%, 04/15/2028		621,000		715,703
4.875%, 06/15/2030 (D)		277,000		326,168
5.375%, 11/15/2029 (D)		120,000		145,350
5.875%, 11/15/2028		487,000		596,770
News Corp. 3.875%, 05/15/2029 (D)		209,000		214,748
Oztel Holdings SPC, Ltd. 6.625%, 04/24/2028 (D)		250,000		274,425
Playtika Holding Corp. 4.250%, 03/15/2029 (D)		57,000		57,182
Radiate Holdco LLC 6.500%, 09/15/2028 (D)		225,000		229,424
Sirius XM Radio, Inc.
4.000%, 07/15/2028 (D)		357,000		363,024
5.000%, 08/01/2027 (D)		383,000		400,235
SoftBank Group Corp. (6.875% to 7-19-27, then 5 Year ICE Swap Rate + 4.854%) 07/19/2027 (F)		404,000		411,575
Sprint Capital Corp. 6.875%, 11/15/2028		400,000		512,000
Sprint Corp. 7.875%, 09/15/2023		255,000		284,924
Switch, Ltd. 3.750%, 09/15/2028 (D)		81,000		82,215
Telecom Argentina SA 8.000%, 07/18/2026 (D)		249,000		230,948
Telecom Italia Capital SA 7.200%, 07/18/2036		397,000		486,325

Active Bond Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Communication services (continued)
Telecom Italia SpA 5.303%, 05/30/2024 (D)	$	270,000	$	290,885
Telefonica Celular del Paraguay SA 5.875%, 04/15/2027 (D)		265,000		277,588
Telefonica Emisiones SA 5.213%, 03/08/2047		754,000		941,029
Telesat Canada 5.625%, 12/06/2026 (D)		157,000		150,720
Time Warner Cable LLC 5.500%, 09/01/2041		450,000		551,516
Time Warner Entertainment Company LP 8.375%, 07/15/2033		300,000		445,533
T-Mobile USA, Inc.
2.050%, 02/15/2028		544,000		548,352
2.550%, 02/15/2031		222,000		222,791
2.875%, 02/15/2031		59,000		59,501
3.375%, 04/15/2029		487,000		508,063
3.750%, 04/15/2027		300,000		330,507
3.875%, 04/15/2030		985,000		1,087,600
4.500%, 04/15/2050		671,000		782,231
Total Play Telecomunicaciones SA de CV
6.375%, 09/20/2028 (D)		278,000		277,305
7.500%, 11/12/2025 (D)		480,000		499,200
Townsquare Media, Inc. 6.875%, 02/01/2026 (D)		102,000		107,004
Twitter, Inc. 3.875%, 12/15/2027 (D)		239,000		255,133
Univision Communications, Inc. 4.500%, 05/01/2029 (D)		111,000		112,804
Verizon Communications, Inc.
3.000%, 03/22/2027		104,000		111,611
4.272%, 01/15/2036		1,311,000		1,540,048
4.329%, 09/21/2028		792,000		910,426
4.400%, 11/01/2034		347,000		410,943
4.500%, 08/10/2033		374,000		445,325
4.522%, 09/15/2048		978,000		1,200,109
4.672%, 03/15/2055		397,000		497,558
5.012%, 08/21/2054		335,000		446,424
ViacomCBS, Inc. 4.375%, 03/15/2043		642,000		734,422
Videotron, Ltd. 3.625%, 06/15/2029 (D)		171,000		173,351
Vodafone Group PLC (7.000% to 1-4-29, then 5 Year U.S. Swap Rate + 4.873%) 04/04/2079		558,000		682,576
WMG Acquisition Corp.
3.000%, 02/15/2031 (D)		422,000		411,978
3.875%, 07/15/2030 (D)		287,000		298,480
				39,651,622
Consumer discretionary – 5.1%
Affinity Gaming 6.875%, 12/15/2027 (D)		159,000		167,224
Amazon.com, Inc.
3.150%, 08/22/2027		715,000		786,149
4.050%, 08/22/2047		385,000		467,098
Asbury Automotive Group, Inc. 4.750%, 03/01/2030		175,000		182,656
AutoNation, Inc. 4.750%, 06/01/2030		186,000		216,859
AutoZone, Inc. 3.125%, 04/21/2026		535,000		576,085
Bally's Corp. 6.750%, 06/01/2027 (D)		236,000		256,945

 

8

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Active Bond Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Consumer discretionary (continued)
BMW US Capital LLC 2.950%, 04/14/2022 (D)	$	500,000	$	507,453
Booking Holdings, Inc. 4.625%, 04/13/2030		486,000		577,679
Brinker International, Inc. 3.875%, 05/15/2023		740,000		763,680
Brookfield Residential Properties, Inc. 5.000%, 06/15/2029 (D)		154,000		157,473
Caesars Resort Collection LLC 5.750%, 07/01/2025 (D)		116,000		122,290
Carvana Company 4.875%, 09/01/2029 (D)		466,000		461,477
CCM Merger, Inc. 6.375%, 05/01/2026 (D)		139,000		146,298
Century Communities, Inc.
3.875%, 08/15/2029 (D)		343,000		346,430
6.750%, 06/01/2027		233,000		248,725
Choice Hotels International, Inc. 3.700%, 12/01/2029 to 01/15/2031		388,000		416,685
Daimler Finance North America LLC 3.500%, 08/03/2025 (D)		240,000		259,083
Dave & Buster's, Inc. 7.625%, 11/01/2025 (D)		50,000		53,498
Dealer Tire LLC 8.000%, 02/01/2028 (D)		122,000		127,724
Dollar Tree, Inc. 4.200%, 05/15/2028		781,000		879,668
eBay, Inc.
2.700%, 03/11/2030		544,000		566,478
3.800%, 03/09/2022		520,000		526,143
Empire Communities Corp. 7.000%, 12/15/2025 (D)		75,000		78,375
Everi Holdings, Inc. 5.000%, 07/15/2029 (D)		29,000		29,716
Expedia Group, Inc.
2.950%, 03/15/2031		293,000		296,094
3.250%, 02/15/2030		455,000		470,563
3.800%, 02/15/2028		671,000		728,255
4.625%, 08/01/2027		409,000		463,675
5.000%, 02/15/2026		1,315,000		1,484,975
Ford Motor Credit Company LLC
4.000%, 11/13/2030		225,000		234,000
4.125%, 08/17/2027		346,000		366,933
4.134%, 08/04/2025		1,034,000		1,093,455
5.113%, 05/03/2029		602,000		672,735
GEMS MENASA Cayman, Ltd. 7.125%, 07/31/2026 (D)		221,000		226,525
General Motors Company 5.400%, 04/01/2048		210,000		260,391
General Motors Financial Company, Inc.
3.600%, 06/21/2030		881,000		944,988
4.350%, 01/17/2027		404,000		452,921
Group 1 Automotive, Inc. 4.000%, 08/15/2028 (D)		44,000		44,770
Hanesbrands, Inc. 5.375%, 05/15/2025 (D)		125,000		130,860
Hilton Domestic Operating Company, Inc.
3.625%, 02/15/2032 (D)		259,000		255,115
4.000%, 05/01/2031 (D)		178,000		180,670
4.875%, 01/15/2030		307,000		329,337
5.750%, 05/01/2028 (D)		95,000		102,315
Hilton Grand Vacations Borrower Escrow LLC
4.875%, 07/01/2031 (D)		187,000		187,701

Active Bond Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Consumer discretionary (continued)
Hilton Grand Vacations Borrower Escrow LLC (continued)
5.000%, 06/01/2029 (D)	$	238,000	$	242,760
Hyatt Hotels Corp.
1.800%, 10/01/2024		216,000		216,458
3.375%, 07/15/2023		660,000		684,963
4.375%, 09/15/2028		86,000		93,876
5.750%, 04/23/2030		247,000		296,507
Hyundai Capital America
1.000%, 09/17/2024 (D)		409,000		407,552
1.800%, 10/15/2025 (D)		201,000		202,972
2.375%, 10/15/2027 (D)		201,000		203,719
International Game Technology PLC 6.500%, 02/15/2025 (D)		180,000		200,871
Jacobs Entertainment, Inc. 7.875%, 02/01/2024 (D)		267,000		275,678
KB Home 4.000%, 06/15/2031		264,000		270,930
Ken Garff Automotive LLC 4.875%, 09/15/2028 (D)		169,000		173,648
LCM Investments Holdings II LLC 4.875%, 05/01/2029 (D)		96,000		98,502
Levi Strauss & Company 3.500%, 03/01/2031 (D)		91,000		91,910
Life Time, Inc. 8.000%, 04/15/2026 (D)		119,000		126,140
Macy's Retail Holdings LLC 5.875%, 04/01/2029 (D)(E)		71,000		77,246
Marriott International, Inc.
2.850%, 04/15/2031		425,000		430,432
3.125%, 06/15/2026		1,169,000		1,250,399
3.500%, 10/15/2032		251,000		266,673
4.625%, 06/15/2030		393,000		448,988
Marriott Ownership Resorts, Inc. 4.500%, 06/15/2029 (D)		42,000		42,525
McDonald's Corp.
3.600%, 07/01/2030		500,000		556,106
4.200%, 04/01/2050		500,000		596,071
MDC Holdings, Inc.
2.500%, 01/15/2031		155,000		151,058
5.500%, 01/15/2024		670,000		725,275
MGM Resorts International 4.750%, 10/15/2028		342,000		360,383
Midwest Gaming Borrower LLC 4.875%, 05/01/2029 (D)		243,000		247,556
Mohegan Gaming & Entertainment 8.000%, 02/01/2026 (D)		282,000		293,590
NCL Corp., Ltd. 3.625%, 12/15/2024 (D)		700,000		664,997
New Red Finance, Inc. 4.000%, 10/15/2030 (D)		553,000		547,470
NIKE, Inc.
2.750%, 03/27/2027		500,000		536,826
2.850%, 03/27/2030		500,000		537,660
Nissan Motor Acceptance Company LLC 1.125%, 09/16/2024 (D)		205,000		204,615
Papa John's International, Inc. 3.875%, 09/15/2029 (D)		44,000		43,780
Premier Entertainment Sub LLC
5.625%, 09/01/2029 (D)		176,000		177,760
5.875%, 09/01/2031 (D)		479,000		483,932
QVC, Inc. 5.450%, 08/15/2034		184,000		195,559
Resorts World Las Vegas LLC 4.625%, 04/16/2029 (D)		300,000		305,931

 

9

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Active Bond Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Consumer discretionary (continued)
Service Corp. International
3.375%, 08/15/2030	$	148,000	$	147,700
4.000%, 05/15/2031		259,000		267,741
Sotheby's 7.375%, 10/15/2027 (D)		245,000		259,088
Specialty Building Products Holdings LLC 6.375%, 09/30/2026 (D)		33,000		34,650
StoneMor, Inc. 8.500%, 05/15/2029 (D)		380,000		390,450
Target Corp. 2.250%, 04/15/2025		500,000		521,567
The Home Depot, Inc.
2.500%, 04/15/2027		500,000		530,651
2.700%, 04/15/2030		500,000		529,032
The TJX Companies, Inc.
3.875%, 04/15/2030		400,000		455,354
4.500%, 04/15/2050 (E)		400,000		524,227
Toll Brothers Finance Corp. 3.800%, 11/01/2029 (E)		74,000		79,476
Travel + Leisure Company
4.625%, 03/01/2030 (D)		191,000		196,253
6.000%, 04/01/2027		700,000		775,757
6.600%, 10/01/2025		147,000		165,188
Waterford Gaming LLC 8.625%, 09/15/2014 (D)(G)(H)		330,607		0
Wyndham Hotels & Resorts, Inc. 4.375%, 08/15/2028 (D)		133,000		138,843
Yum! Brands, Inc.
3.625%, 03/15/2031		252,000		253,346
4.750%, 01/15/2030 (D)		241,000		261,201
5.350%, 11/01/2043		600,000		660,000
6.875%, 11/15/2037		292,000		375,366
				37,145,377
Consumer staples – 1.9%
Advantage Sales & Marketing, Inc. 6.500%, 11/15/2028 (D)		416,000		433,572
Albertsons Companies, Inc.
3.250%, 03/15/2026 (D)		143,000		145,145
3.500%, 03/15/2029 (D)		359,000		358,273
4.875%, 02/15/2030 (D)		148,000		159,470
Anheuser-Busch InBev Worldwide, Inc.
4.439%, 10/06/2048		730,000		854,029
4.600%, 04/15/2048		385,000		459,622
BRF SA 5.750%, 09/21/2050 (D)		285,000		273,230
Bunge, Ltd. Finance Corp. 3.250%, 08/15/2026		500,000		538,373
Cargill, Inc. 2.125%, 04/23/2030 (D)		180,000		181,316
Constellation Brands, Inc. 3.150%, 08/01/2029		159,000		170,028
Edgewell Personal Care Company
4.125%, 04/01/2029 (D)		164,000		163,746
5.500%, 06/01/2028 (D)		267,000		281,987
Fomento Economico Mexicano SAB de CV 4.375%, 05/10/2043		1,000,000		1,170,310
General Mills, Inc.
2.875%, 04/15/2030		400,000		420,417
3.150%, 12/15/2021		500,000		500,400
JBS Finance Luxembourg Sarl 3.625%, 01/15/2032 (D)		271,000		276,084
JBS USA Food Company 5.750%, 01/15/2028 (D)		490,000		514,505

Active Bond Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Consumer staples (continued)
JBS USA LUX SA 3.750%, 12/01/2031 (D)	$	86,000	$	89,486
Keurig Dr. Pepper, Inc. 3.200%, 05/01/2030		560,000		603,099
Kraft Heinz Foods Company
4.375%, 06/01/2046		360,000		409,615
4.875%, 10/01/2049		80,000		97,368
5.000%, 06/04/2042		124,000		152,066
5.500%, 06/01/2050		227,000		299,497
MARB BondCo PLC 3.950%, 01/29/2031 (D)		260,000		248,370
NBM US Holdings, Inc. 6.625%, 08/06/2029 (D)		394,000		432,616
Oriflame Investment Holding PLC 5.125%, 05/04/2026 (D)		270,000		276,426
PepsiCo, Inc. 2.750%, 03/19/2030		500,000		533,141
Post Holdings, Inc. 5.500%, 12/15/2029 (D)		177,000		187,620
Reynolds American, Inc. 4.850%, 09/15/2023		1,000,000		1,082,268
Simmons Foods, Inc. 4.625%, 03/01/2029 (D)		43,000		43,323
Sysco Corp.
5.950%, 04/01/2030		355,000		451,557
6.600%, 04/01/2050		1,000,000		1,573,054
The Estee Lauder Companies, Inc. 2.600%, 04/15/2030		400,000		419,496
U.S. Foods, Inc. 4.750%, 02/15/2029 (D)		216,000		221,670
				14,021,179
Energy – 4.6%
Aker BP ASA
2.875%, 01/15/2026 (D)		276,000		291,690
3.000%, 01/15/2025 (D)		270,000		284,227
4.000%, 01/15/2031 (D)		523,000		568,868
Altera Infrastructure LP 8.500%, 07/15/2023 (D)(E)		287,000		218,120
Anadarko Petroleum Corp.
4.500%, 07/15/2044 (E)		400,000		359,976
5.550%, 03/15/2026		800,000		852,936
Antero Midstream Partners LP 5.375%, 06/15/2029 (D)		233,000		239,990
Antero Resources Corp.
5.000%, 03/01/2025		223,000		228,408
5.375%, 03/01/2030 (D)		90,000		94,784
Apache Corp. 5.100%, 09/01/2040		325,000		363,994
Ascent Resources Utica Holdings LLC 5.875%, 06/30/2029 (D)		246,000		251,344
Boardwalk Pipelines LP 3.375%, 02/01/2023		850,000		873,251
BP Capital Markets PLC 2.750%, 05/10/2023 (E)		530,000		550,089
Buckeye Partners LP 3.950%, 12/01/2026		500,000		510,000
Cameron International Corp. 5.950%, 06/01/2041		1,178,000		1,509,524
Cheniere Energy Partners LP
4.000%, 03/01/2031 (D)		494,000		517,317
4.500%, 10/01/2029		461,000		490,103
CNOOC Finance 2003, Ltd. 5.500%, 05/21/2033 (D)		545,000		661,358
ConocoPhillips Company 5.950%, 03/15/2046		30,000		44,224

 

10

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Active Bond Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Energy (continued)
Continental Resources, Inc. 4.900%, 06/01/2044	$	400,000	$	448,000
CSI Compressco LP 7.500%, 04/01/2025 (D)		386,000		380,210
CSI Compressco LP (10.000% Cash or 7.250% Cash and 2.750% PIK) 10.000%, 04/01/2026 (D)		235,682		217,417
DCP Midstream Operating LP (5.850% to 5-21-23, then 3 month LIBOR + 3.850%) 05/21/2043 (D)		201,000		186,930
Devon Energy Corp.
5.000%, 06/15/2045		600,000		703,421
7.875%, 09/30/2031		874,000		1,236,768
Diamondback Energy, Inc. 3.125%, 03/24/2031		257,000		266,860
Enbridge Energy Partners LP 7.500%, 04/15/2038		600,000		891,452
Enbridge, Inc. (5.500% to 7-15-27, then 3 month LIBOR + 3.418%) 07/15/2077		347,000		371,815
Enbridge, Inc. (5.750% to 4-15-30, then 5 Year CMT + 5.314%) 07/15/2080		400,000		451,980
Enbridge, Inc. (6.250% to 3-1-28, then 3 month LIBOR + 3.641%) 03/01/2078		394,000		439,110
Energean Israel Finance, Ltd.
5.375%, 03/30/2028 (D)		99,000		101,229
5.875%, 03/30/2031 (D)		172,000		176,766
Energy Transfer LP
4.200%, 04/15/2027		141,000		155,920
5.150%, 03/15/2045		340,000		389,168
5.250%, 04/15/2029		810,000		949,458
5.400%, 10/01/2047		244,000		290,754
5.500%, 06/01/2027		438,000		513,919
5.950%, 10/01/2043		300,000		365,840
Energy Transfer LP (6.500% to 11-15-26, then 5 Year CMT + 5.694%) 11/15/2026 (F)		474,000		493,609
Enterprise Products Operating LLC 6.875%, 03/01/2033		471,000		657,429
Enterprise Products Operating LLC (5.250% to 8-16-27, then 3 month LIBOR + 3.033%) 08/16/2077		631,000		660,208
EQT Corp.
3.125%, 05/15/2026 (D)		120,000		123,014
3.625%, 05/15/2031 (D)		119,000		123,998
Hess Corp.
5.600%, 02/15/2041		400,000		499,780
5.800%, 04/01/2047		500,000		651,155
Hess Midstream Operations LP 4.250%, 02/15/2030 (D)		78,000		78,878
Kinder Morgan Energy Partners LP 7.750%, 03/15/2032		260,000		372,465
Kinder Morgan, Inc. 4.300%, 03/01/2028		176,000		199,491
Leviathan Bond, Ltd.
6.500%, 06/30/2027 (D)		426,000		467,271
6.750%, 06/30/2030 (D)		85,000		93,984
Lundin Energy Finance BV
2.000%, 07/15/2026 (D)		267,000		268,611
3.100%, 07/15/2031 (D)		383,000		388,341
Marathon Oil Corp. 6.800%, 03/15/2032		785,000		1,025,698
MC Brazil Downstream Trading SARL 7.250%, 06/30/2031 (D)		276,000		277,518

Active Bond Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Energy (continued)
Midwest Connector Capital Company LLC
3.625%, 04/01/2022 (D)	$	205,000	$	207,426
3.900%, 04/01/2024 (D)		383,000		400,569
MPLX LP
4.000%, 03/15/2028		311,000		343,433
4.125%, 03/01/2027		103,000		115,006
4.250%, 12/01/2027		225,000		252,812
MPLX LP (6.875% to 2-15-23, then 3 month LIBOR + 4.652%) 02/15/2023 (F)		782,000		793,730
New Fortress Energy, Inc. 6.500%, 09/30/2026 (D)		391,000		373,894
Occidental Petroleum Corp. 3.500%, 08/15/2029		72,000		73,233
ONEOK Partners LP 6.650%, 10/01/2036		835,000		1,120,336
Ovintiv Exploration, Inc. 5.625%, 07/01/2024		500,000		554,423
Parkland Corp. 4.500%, 10/01/2029 (D)		166,000		168,258
Petrobras Global Finance BV 6.900%, 03/19/2049		160,000		178,186
Plains All American Pipeline LP 4.900%, 02/15/2045		750,000		808,265
Sabine Pass Liquefaction LLC
4.200%, 03/15/2028		293,000		327,134
5.000%, 03/15/2027		186,000		213,828
5.875%, 06/30/2026		626,000		736,738
Sinopec Group Overseas Development 2015, Ltd. 3.250%, 04/28/2025 (D)		550,000		584,799
Sunoco LP 4.500%, 05/15/2029		96,000		97,370
Targa Resources Partners LP
4.000%, 01/15/2032 (D)		243,000		251,128
5.875%, 04/15/2026		478,000		499,211
The Williams Companies, Inc.
3.750%, 06/15/2027		397,000		437,159
5.750%, 06/24/2044		149,000		196,254
TransCanada PipeLines, Ltd. 4.250%, 05/15/2028		220,000		250,462
Valero Energy Corp. 2.850%, 04/15/2025		400,000		421,265
Venture Global Calcasieu Pass LLC
3.875%, 08/15/2029 (D)		95,000		97,855
4.125%, 08/15/2031 (D)		158,000		164,715
				33,496,159
Financials – 11.1%
Ally Financial, Inc. 5.800%, 05/01/2025		280,000		322,096
Ambac Assurance Corp. 5.100%, 10/19/2021 (D)(F)		131		186
American International Group, Inc. 3.900%, 04/01/2026		830,000		920,755
American International Group, Inc. (6.250% to 3-15-37, then 3 month LIBOR + 2.056%) 03/15/2037		100,000		117,426
Ameriprise Financial, Inc. 2.875%, 09/15/2026		500,000		534,526
Ares Capital Corp.
2.150%, 07/15/2026		549,000		550,460
2.875%, 06/15/2028		309,000		313,023
3.875%, 01/15/2026		897,000		959,277
4.200%, 06/10/2024		246,000		263,818

 

11

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Active Bond Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Financials (continued)
Athene Holding, Ltd. 3.500%, 01/15/2031	$	206,000	$	220,564
Australia & New Zealand Banking Group, Ltd. (6.750% to 6-15-26, then 5 Year ICE Swap Rate + 5.168%) 06/15/2026 (D)(F)		235,000		274,153
AXA SA 8.600%, 12/15/2030		170,000		255,556
Banco Santander SA 4.379%, 04/12/2028		324,000		367,939
Bank of America Corp.
3.248%, 10/21/2027		586,000		632,739
3.950%, 04/21/2025		539,000		587,382
Bank of America Corp. (2.087% to 6-14-28, then SOFR + 1.060%) 06/14/2029		582,000		581,066
Bank of America Corp. (2.592% to 4-29-30, then SOFR + 2.150%) 04/29/2031		498,000		508,273
Bank of America Corp. (2.687% to 4-22-31, then SOFR + 1.320%) 04/22/2032		881,000		897,096
Bank of America Corp. (2.884% to 10-22-29, then 3 month LIBOR + 1.190%) 10/22/2030		500,000		521,990
Bank of America Corp. (3.004% to 12-20-22, then 3 month LIBOR + 0.790%) 12/20/2023		1,149,000		1,184,125
Bank of America Corp. (3.419% to 12-20-27, then 3 month LIBOR + 1.040%) 12/20/2028		1,087,000		1,178,131
Bank of America Corp. (4.083% to 3-20-50, then 3 month LIBOR + 3.150%) 03/20/2051		500,000		591,664
Bank of America Corp. (6.300% to 3-10-26, then 3 month LIBOR + 4.553%) 03/10/2026 (F)		667,000		773,720
Barclays PLC 4.375%, 01/12/2026		300,000		334,782
Barclays PLC (4.375% to 3-15-28, then 5 Year CMT + 3.410%) 03/15/2028 (F)		391,000		390,726
BlackRock, Inc. 1.900%, 01/28/2031		500,000		499,773
BPCE SA 4.500%, 03/15/2025 (D)		360,000		395,336
Brighthouse Financial, Inc. 3.700%, 06/22/2027 (E)		391,000		428,294
Brightstar Escrow Corp. 9.750%, 10/15/2025 (D)		144,000		154,440
Capital One Financial Corp.
3.500%, 06/15/2023		1,023,000		1,075,077
3.750%, 07/28/2026		500,000		548,877
CIT Group, Inc. 5.000%, 08/01/2023		700,000		748,125
Citigroup, Inc.
3.200%, 10/21/2026		655,000		706,205
3.500%, 05/15/2023		1,060,000		1,110,448
4.500%, 01/14/2022		1,000,000		1,011,729
4.600%, 03/09/2026		792,000		894,509
Citigroup, Inc. (2.561% to 5-1-31, then SOFR + 1.167%) 05/01/2032		264,000		266,596
Citigroup, Inc. (4.412% to 3-31-30, then SOFR + 3.914%) 03/31/2031		1,000,000		1,154,657

Active Bond Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Financials (continued)
Citigroup, Inc. (4.700% to 1-30-25, then SOFR + 3.234%) 01/30/2025 (F)	$	524,000	$	535,790
Citigroup, Inc. (6.250% to 8-15-26, then 3 month LIBOR + 4.517%) 08/15/2026 (F)		415,000		480,450
Citizens Financial Group, Inc. 3.250%, 04/30/2030		573,000		613,742
CNA Financial Corp. 2.050%, 08/15/2030		205,000		200,908
CNO Financial Group, Inc. 5.250%, 05/30/2025 to 05/30/2029		635,000		735,142
Credit Agricole SA
2.811%, 01/11/2041 (D)		279,000		266,235
3.250%, 01/14/2030 (D)		548,000		574,912
4.375%, 03/17/2025 (D)		600,000		654,331
Credit Agricole SA (7.875% to 1-23-24, then 5 Year U.S. Swap Rate + 4.898%) 01/23/2024 (D)(F)		310,000		345,275
Credit Suisse Group AG 4.550%, 04/17/2026		405,000		454,947
Discover Financial Services 4.100%, 02/09/2027		167,000		186,028
Enova International, Inc. 8.500%, 09/01/2024 to 09/15/2025 (D)		354,000		364,543
Fifth Third Bancorp (5.100% to 6-30-23, then 3 month LIBOR + 3.033%) 06/30/2023 (F)		287,000		295,467
Freedom Mortgage Corp.
8.125%, 11/15/2024 (D)		250,000		253,438
8.250%, 04/15/2025 (D)		55,000		56,100
GE Capital International Funding Company 4.418%, 11/15/2035		829,000		994,843
Global Atlantic Fin Company 3.125%, 06/15/2031 (D)		1,000,000		1,010,780
ING Groep NV (6.500% to 4-16-25, then 5 Year U.S. Swap Rate + 4.446%) 04/16/2025 (F)		135,000		148,986
Intesa Sanpaolo SpA 4.198%, 06/01/2032 (D)		201,000		206,056
Invesco Finance PLC 3.125%, 11/30/2022		850,000		876,582
Jefferies Financial Group, Inc. 5.500%, 10/18/2023		1,000,000		1,063,841
Jefferies Group LLC
4.150%, 01/23/2030		380,000		427,410
4.850%, 01/15/2027		505,000		585,554
JPMorgan Chase & Co.
2.950%, 10/01/2026		675,000		723,425
3.375%, 05/01/2023		1,250,000		1,307,226
4.125%, 12/15/2026		600,000		674,587
4.500%, 01/24/2022		1,300,000		1,317,165
JPMorgan Chase & Co. (2.522% to 4-22-30, then SOFR + 2.040%) 04/22/2031		586,000		597,839
JPMorgan Chase & Co. (2.956% to 5-13-30, then SOFR + 2.515%) 05/13/2031		544,000		565,955
JPMorgan Chase & Co. (3.960% to 1-29-26, then 3 month LIBOR + 1.245%) 01/29/2027		489,000		539,657
JPMorgan Chase & Co. (4.600% to 2-1-25, then SOFR + 3.125%) 02/01/2025 (F)		458,000		468,305

 

12

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Active Bond Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Financials (continued)
JPMorgan Chase & Co. (6.750% to 2-1-24, then 3 month LIBOR + 3.780%) 02/01/2024 (F)	$	575,000	$	631,063
Lazard Group LLC 4.375%, 03/11/2029		220,000		249,155
Legg Mason, Inc.
3.950%, 07/15/2024		660,000		716,447
4.750%, 03/15/2026		825,000		945,945
Liberty Mutual Group, Inc.
3.950%, 05/15/2060 (D)		500,000		555,201
4.250%, 06/15/2023 (D)		1,000,000		1,059,621
Liberty Mutual Group, Inc. (4.125% to 12-15-26, then 5 Year CMT + 3.315%) 12/15/2051 (D)		332,000		341,155
Lloyds Banking Group PLC 4.450%, 05/08/2025		921,000		1,021,697
Lloyds Banking Group PLC (7.500% to 6-27-24, then 5 Year U.S. Swap Rate + 4.760%) 06/27/2024 (F)		345,000		385,969
Loews Corp.
2.625%, 05/15/2023		630,000		649,388
3.750%, 04/01/2026		825,000		909,560
M&T Bank Corp. (5.125% to 11-1-26, then 3 month LIBOR + 3.520%) 11/01/2026 (E)(F)		186,000		205,016
Macquarie Bank, Ltd.
3.624%, 06/03/2030 (D)		329,000		345,359
4.875%, 06/10/2025 (D)(E)		360,000		398,776
Markel Corp. 5.000%, 03/30/2043		1,270,000		1,525,873
MetLife, Inc. 3.000%, 03/01/2025		300,000		319,544
MetLife, Inc. (6.400% to 12-15-36, then 3 month LIBOR + 2.205%) 12/15/2036		347,000		445,671
MetLife, Inc. (9.250% to 4-8-38, then 3 month LIBOR + 5.540%) 04/08/2038 (D)		120,000		182,414
Morgan Stanley
3.875%, 01/27/2026		361,000		399,626
4.100%, 05/22/2023		900,000		950,227
Morgan Stanley (2.188% to 4-28-25, then SOFR + 1.990%) 04/28/2026		1,047,000		1,081,031
Morgan Stanley (2.484% to 9-16-31, then SOFR + 1.360%) 09/16/2036		659,000		644,981
Morgan Stanley (3 month LIBOR + 3.610%) 3.736%, 01/15/2022 (A)(F)		200,000		201,800
Morgan Stanley (3.622% to 4-1-30, then SOFR + 3.120%) 04/01/2031		1,000,000		1,102,166
MSCI, Inc.
3.250%, 08/15/2033 (D)		285,000		288,266
3.625%, 11/01/2031 (D)		318,000		330,903
Nationstar Mortgage Holdings, Inc.
5.125%, 12/15/2030 (D)		176,000		176,389
5.500%, 08/15/2028 (D)		191,000		196,730
6.000%, 01/15/2027 (D)		99,000		103,633
Nationwide Mutual Insurance Company (3 month LIBOR + 2.290%) 2.406%, 12/15/2024 (A)(D)		1,130,000		1,131,329
NatWest Group PLC 3.875%, 09/12/2023		500,000		530,121
NatWest Group PLC (6.000% to 12-29-25, then 5 Year CMT + 5.625%) 12/29/2025 (F)		431,000		482,345

Active Bond Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Financials (continued)
NatWest Markets PLC 1.600%, 09/29/2026 (D)	$	578,000	$	577,685
New York Life Insurance Company 3.750%, 05/15/2050 (D)		198,000		221,850
Nippon Life Insurance Company (2.750% to 1-21-31, then 5 Year CMT + 2.653%) 01/21/2051 (D)		659,000		644,996
Nippon Life Insurance Company (5.100% to 10-16-24, then 5 Year U.S. Swap Rate + 3.650%) 10/16/2044 (D)		355,000		390,056
OneMain Finance Corp.
6.875%, 03/15/2025		65,000		73,044
8.875%, 06/01/2025		142,000		154,070
Operadora de Servicios Mega SA de CV 8.250%, 02/11/2025 (D)		295,000		297,213
Prudential Financial, Inc. (5.875% to 9-15-22, then 3 month LIBOR + 4.175%) 09/15/2042		795,000		826,904
Radian Group, Inc. 4.500%, 10/01/2024		140,000		149,275
Raymond James Financial, Inc. 4.950%, 07/15/2046		500,000		645,838
Santander Holdings USA, Inc.
3.244%, 10/05/2026		815,000		870,601
3.450%, 06/02/2025		704,000		753,809
4.400%, 07/13/2027		203,000		228,071
SBL Holdings, Inc. 5.000%, 02/18/2031 (D)		360,000		384,079
Societe Generale SA (4.750% to 5-26-26, then 5 Year CMT + 3.931%) 05/26/2026 (D)(F)		346,000		353,570
Societe Generale SA (5.375% to 11-18-30, then 5 Year CMT + 4.514%) 11/18/2030 (D)(E)(F)		355,000		380,074
Sompo International Holdings, Ltd. 4.700%, 10/15/2022		1,080,000		1,127,721
State Street Corp. (2.901% to 3-30-25, then SOFR + 2.600%) 03/30/2026		1,000,000		1,060,876
Stifel Financial Corp. 4.250%, 07/18/2024		1,300,000		1,414,609
Teachers Insurance & Annuity Association of America 4.270%, 05/15/2047 (D)		425,000		513,533
The Goldman Sachs Group, Inc.
3.500%, 04/01/2025		500,000		537,552
3.625%, 01/22/2023		1,200,000		1,250,697
3.850%, 01/26/2027		792,000		870,195
The Goldman Sachs Group, Inc. (2.615% to 4-22-31, then SOFR + 1.281%) 04/22/2032		1,000,000		1,012,090
The Hartford Financial Services Group, Inc. 6.625%, 03/30/2040		500,000		722,486
The PNC Financial Services Group, Inc. (3 month LIBOR + 3.678%) 3.804%, 11/01/2021 (A)(F)		463,000		464,130
The PNC Financial Services Group, Inc. (3.400% to 9-15-26, then 5 Year CMT + 2.595%) 09/15/2026 (F)		577,000		575,558
The PNC Financial Services Group, Inc. (4.850% to 6-1-23, then 3 month LIBOR + 3.040%) 06/01/2023 (F)		243,000		251,201

 

13

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Active Bond Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Financials (continued)
UBS Group AG (7.000% to 1-31-24, then 5 Year U.S. Swap Rate + 4.344%) 01/31/2024 (D)(F)	$	323,000	$	352,380
Unifin Financiera SAB de CV 9.875%, 01/28/2029 (D)		391,000		392,959
Unum Group 4.125%, 06/15/2051		169,000		171,076
Voya Financial, Inc. 4.800%, 06/15/2046		700,000		883,458
Voya Financial, Inc. (5.650% to 5-15-23, then 3 month LIBOR + 3.580%) 05/15/2053		565,000		596,075
Wells Fargo & Company 3.450%, 02/13/2023		900,000		936,669
Wells Fargo & Company (2.393% to 6-2-27, then SOFR + 2.100%) 06/02/2028		881,000		908,699
Wells Fargo & Company (2.879% to 10-30-29, then SOFR + 1.432%) 10/30/2030		656,000		685,101
Wells Fargo & Company (3.068% to 4-30-40, then SOFR + 2.530%) 04/30/2041		426,000		437,755
Wells Fargo & Company (5.875% to 6-15-25, then 3 month LIBOR + 3.990%) 06/15/2025 (F)		1,013,000		1,128,999
				81,553,413
Health care – 3.2%
Abbott Laboratories 3.750%, 11/30/2026		680,000		762,785
AbbVie, Inc. 3.200%, 11/21/2029		2,234,000		2,407,160
AdaptHealth LLC 5.125%, 03/01/2030 (D)		177,000		177,089
Agilent Technologies, Inc. 3.875%, 07/15/2023		670,000		706,622
AmerisourceBergen Corp. 2.800%, 05/15/2030		387,000		401,259
Anthem, Inc. 2.250%, 05/15/2030		179,000		179,621
Bausch Health Companies, Inc.
5.250%, 01/30/2030 (D)		193,000		179,973
6.125%, 04/15/2025 (D)		290,000		295,989
6.250%, 02/15/2029 (D)		390,000		385,913
Baxter International, Inc. 3.500%, 08/15/2046		500,000		535,756
Biogen, Inc.
2.250%, 05/01/2030		400,000		397,853
3.150%, 05/01/2050		500,000		476,568
Catalent Pharma Solutions, Inc.
3.125%, 02/15/2029 (D)		64,000		62,845
5.000%, 07/15/2027 (D)		81,000		84,139
Centene Corp.
2.500%, 03/01/2031		422,000		416,198
3.000%, 10/15/2030		322,000		330,050
3.375%, 02/15/2030		183,000		189,460
4.250%, 12/15/2027		127,000		132,925
4.625%, 12/15/2029		162,000		176,548
CVS Health Corp.
2.700%, 08/21/2040		308,000		293,906
3.750%, 04/01/2030		358,000		397,721
4.300%, 03/25/2028		188,000		214,443
5.050%, 03/25/2048		480,000		617,857
CVS Pass-Through Trust 8.353%, 07/10/2031 (D)		873,707		1,136,602

Active Bond Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Health care (continued)
DaVita, Inc.
3.750%, 02/15/2031 (D)	$	378,000	$	368,078
4.625%, 06/01/2030 (D)		367,000		377,500
Encompass Health Corp.
4.500%, 02/01/2028		175,000		180,688
4.625%, 04/01/2031		149,000		156,606
Fresenius Medical Care US Finance III, Inc. 2.375%, 02/16/2031 (D)		634,000		615,176
HCA, Inc.
4.125%, 06/15/2029		318,000		355,213
5.250%, 04/15/2025 to 06/15/2026		666,000		759,290
5.375%, 02/01/2025		800,000		894,000
Humana, Inc. 3.125%, 08/15/2029		500,000		532,897
MEDNAX, Inc. 6.250%, 01/15/2027 (D)		366,000		384,758
Organon & Company 5.125%, 04/30/2031 (D)		314,000		329,810
Pfizer, Inc. 2.625%, 04/01/2030		500,000		527,965
Rede D'or Finance Sarl 4.500%, 01/22/2030 (D)		269,000		267,911
Royalty Pharma PLC 1.750%, 09/02/2027		206,000		205,109
Select Medical Corp. 6.250%, 08/15/2026 (D)		239,000		251,332
Shire Acquisitions Investments Ireland DAC 3.200%, 09/23/2026		1,015,000		1,094,846
Stanford Health Care 3.310%, 08/15/2030		225,000		247,321
Teva Pharmaceutical Finance Company LLC 6.150%, 02/01/2036		49,000		53,564
UnitedHealth Group, Inc. 5.800%, 03/15/2036		540,000		748,384
Universal Health Services, Inc.
1.650%, 09/01/2026 (D)		335,000		333,034
2.650%, 10/15/2030 (D)		358,000		359,625
Utah Acquisition Sub, Inc.
3.950%, 06/15/2026		800,000		881,279
5.250%, 06/15/2046		250,000		305,791
Varex Imaging Corp. 7.875%, 10/15/2027 (D)		166,000		186,783
Viatris, Inc.
2.300%, 06/22/2027 (D)		209,000		213,406
2.700%, 06/22/2030 (D)		405,000		409,414
4.000%, 06/22/2050 (D)		464,000		493,168
Zimmer Biomet Holdings, Inc.
3.050%, 01/15/2026		500,000		534,816
3.550%, 04/01/2025		550,000		591,255
				23,618,301
Industrials – 5.8%
3M Company 3.050%, 04/15/2030 (E)		500,000		540,396
Adani Ports & Special Economic Zone, Ltd. 3.100%, 02/02/2031 (D)		313,000		299,083
AECOM 5.125%, 03/15/2027		366,000		405,345
AerCap Ireland Capital DAC
1.750%, 01/30/2026		465,000		460,250
2.875%, 08/14/2024		423,000		440,689

 

14

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Active Bond Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Industrials (continued)
Air Canada 2013-1 Class A Pass Through Trust 4.125%, 05/15/2025 (D)	$	179,842	$	183,562
Air Canada 2017-1 Class B Pass Through Trust 3.700%, 01/15/2026 (D)		183,651		177,098
Air Lease Corp.
2.100%, 09/01/2028		208,000		201,932
2.875%, 01/15/2026		225,000		235,102
3.000%, 09/15/2023		400,000		415,716
3.125%, 12/01/2030		400,000		409,784
3.625%, 12/01/2027		170,000		182,061
Alaska Airlines 2020-1 Class B Pass Through Trust 8.000%, 08/15/2025 (D)		88,089		98,613
Alta Equipment Group, Inc. 5.625%, 04/15/2026 (D)		61,000		62,678
American Airlines 2015-1 Class A Pass Through Trust 3.375%, 05/01/2027		955,637		953,139
American Airlines 2015-1 Class B Pass Through Trust 3.700%, 05/01/2023		230,089		226,060
American Airlines 2016-1 Class A Pass Through Trust 4.100%, 01/15/2028		364,171		363,501
American Airlines 2017-1 Class A Pass Through Trust 4.000%, 02/15/2029		148,438		145,852
American Airlines 2017-1 Class AA Pass Through Trust 3.650%, 02/15/2029		292,969		305,513
American Airlines 2017-2 Class A Pass Through Trust 3.600%, 10/15/2029		167,526		162,987
American Airlines 2019-1 Class A Pass Through Trust 3.500%, 02/15/2032		367,487		356,097
American Airlines 2019-1 Class AA Pass Through Trust 3.150%, 02/15/2032		238,866		243,280
American Airlines Group, Inc. 3.750%, 03/01/2025 (D)(E)		500,000		450,550
APX Group, Inc. 5.750%, 07/15/2029 (D)		266,000		262,555
Ashtead Capital, Inc.
2.450%, 08/12/2031 (D)		215,000		211,353
4.375%, 08/15/2027 (D)		285,000		298,674
Atkore, Inc. 4.250%, 06/01/2031 (D)		90,000		92,700
ATS Automation Tooling Systems, Inc. 4.125%, 12/15/2028 (D)		50,000		51,277
Beacon Roofing Supply, Inc. 4.125%, 05/15/2029 (D)		188,000		186,825
Boise Cascade Company 4.875%, 07/01/2030 (D)		52,000		55,510
British Airways 2013-1 Class A Pass Through Trust 4.625%, 06/20/2024 (D)		186,388		196,355
British Airways 2018-1 Class A Pass Through Trust 4.125%, 09/20/2031 (D)		163,326		165,098
British Airways 2020-1 Class A Pass Through Trust 4.250%, 11/15/2032 (D)		133,607		144,064

Active Bond Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Industrials (continued)
British Airways 2020-1 Class B Pass Through Trust 8.375%, 11/15/2028 (D)	$	105,397	$	123,749
Builders FirstSource, Inc.
4.250%, 02/01/2032 (D)		286,000		292,435
5.000%, 03/01/2030 (D)		46,000		49,019
6.750%, 06/01/2027 (D)		69,000		73,140
Carrier Global Corp. 2.700%, 02/15/2031		500,000		514,818
Cimpress PLC 7.000%, 06/15/2026 (D)		390,000		406,739
Clean Harbors, Inc. 4.875%, 07/15/2027 (D)		65,000		67,438
CNH Industrial Capital LLC 1.950%, 07/02/2023		570,000		582,642
Continental Airlines 2007-1 Class A Pass Through Trust 5.983%, 04/19/2022		77,160		77,911
CoStar Group, Inc. 2.800%, 07/15/2030 (D)		466,000		473,955
CSX Corp. 3.800%, 04/15/2050		1,000,000		1,134,586
DAE Funding LLC 2.625%, 03/20/2025 (D)		267,000		271,622
Delta Air Lines, Inc.
2.900%, 10/28/2024		663,000		678,891
3.800%, 04/19/2023		356,000		370,592
4.375%, 04/19/2028		445,000		477,330
4.500%, 10/20/2025 (D)		103,000		110,210
4.750%, 10/20/2028 (D)		169,000		188,435
Deluxe Corp. 8.000%, 06/01/2029 (D)		124,000		129,580
Equifax, Inc. 3.100%, 05/15/2030		800,000		845,814
Flowserve Corp. 3.500%, 10/01/2030		236,000		246,428
Fortive Corp. 3.150%, 06/15/2026		700,000		755,218
Garda World Security Corp. 6.000%, 06/01/2029 (D)		186,000		182,248
GATX Corp. 3.850%, 03/30/2027		800,000		882,117
General Electric Company
4.250%, 05/01/2040		525,000		613,310
5.550%, 01/05/2026		563,000		659,095
GFL Environmental, Inc.
3.500%, 09/01/2028 (D)		355,000		357,219
4.375%, 08/15/2029 (D)		229,000		231,290
4.750%, 06/15/2029 (D)		154,000		158,235
Global Infrastructure Solutions, Inc. 5.625%, 06/01/2029 (D)		247,000		252,656
Graphic Packaging International LLC 3.500%, 03/01/2029 (D)		267,000		265,665
H&E Equipment Services, Inc. 3.875%, 12/15/2028 (D)		327,000		325,725
Hillenbrand, Inc. 3.750%, 03/01/2031		201,000		199,533
Huntington Ingalls Industries, Inc.
3.844%, 05/01/2025		560,000		606,518
4.200%, 05/01/2030		1,379,000		1,556,499
IDEX Corp. 3.000%, 05/01/2030		1,000,000		1,054,629
IHS Markit, Ltd.
4.000%, 03/01/2026 (D)		288,000		316,860
4.750%, 08/01/2028		213,000		249,391

 

15

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Active Bond Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Industrials (continued)
JB Hunt Transport Services, Inc. 3.850%, 03/15/2024	$	700,000	$	744,489
JB Poindexter & Company, Inc. 7.125%, 04/15/2026 (D)		132,000		138,930
JetBlue 2019-1 Class AA Pass Through Trust 2.750%, 05/15/2032		285,467		286,706
Kansas City Southern 2.875%, 11/15/2029		500,000		524,805
Kratos Defense & Security Solutions, Inc. 6.500%, 11/30/2025 (D)		201,000		208,286
Legends Hospitality Holding Company LLC 5.000%, 02/01/2026 (D)		66,000		67,650
Lennox International, Inc. 3.000%, 11/15/2023		800,000		836,014
Masco Corp. 2.000%, 10/01/2030		412,000		398,297
MasTec, Inc. 4.500%, 08/15/2028 (D)		191,000		199,356
Owens Corning 3.950%, 08/15/2029		321,000		358,147
Picasso Finance Sub, Inc. 6.125%, 06/15/2025 (D)		30,000		31,722
Prime Security Services Borrower LLC
3.375%, 08/31/2027 (D)		62,000		59,482
6.250%, 01/15/2028 (D)		218,000		225,364
Quanta Services, Inc. 0.950%, 10/01/2024		203,000		203,093
Southwest Airlines Company 5.250%, 05/04/2025		800,000		903,276
Stericycle, Inc. 3.875%, 01/15/2029 (D)		78,000		78,477
The Boeing Company
3.200%, 03/01/2029		388,000		403,754
5.040%, 05/01/2027		570,000		655,686
5.150%, 05/01/2030		412,000		483,560
5.805%, 05/01/2050		720,000		959,739
TransDigm, Inc. 5.500%, 11/15/2027		688,000		706,920
TriNet Group, Inc. 3.500%, 03/01/2029 (D)		211,000		211,528
TTX Company 4.200%, 07/01/2046 (D)		700,000		838,569
Tutor Perini Corp. 6.875%, 05/01/2025 (D)(E)		300,000		306,750
Uber Technologies, Inc.
4.500%, 08/15/2029 (D)		466,000		469,204
7.500%, 05/15/2025 to 09/15/2027 (D)		707,000		765,823
Union Pacific Corp. 4.163%, 07/15/2022		1,137,000		1,160,676
United Airlines 2014-2 Class A Pass Through Trust 3.750%, 09/03/2026		464,671		491,141
United Airlines 2014-2 Class B Pass Through Trust 4.625%, 09/03/2022		126,733		128,787
United Airlines 2016-1 Class A Pass Through Trust 3.450%, 07/07/2028		392,892		394,540
United Airlines 2016-1 Class B Pass Through Trust 3.650%, 01/07/2026		411,736		407,175

Active Bond Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Industrials (continued)
United Airlines 2018-1 Class B Pass Through Trust 4.600%, 03/01/2026	$	117,227	$	118,994
United Airlines 2019-1 Class A Pass Through Trust 4.550%, 08/25/2031		205,063		217,591
United Airlines 2020-1 Class A Pass Through Trust 5.875%, 10/15/2027		804,121		895,419
United Airlines 2020-1 Class B Pass Through Trust 4.875%, 01/15/2026		201,798		212,945
United Airlines, Inc.
4.375%, 04/15/2026 (D)		31,000		31,814
4.625%, 04/15/2029 (D)		70,000		72,342
United Rentals North America, Inc.
3.875%, 11/15/2027 to 02/15/2031		390,000		404,858
4.875%, 01/15/2028		373,000		394,351
US Airways 2010-1 Class A Pass Through Trust 6.250%, 04/22/2023		81,514		83,417
US Airways 2011-1 Class A Pass Through Trust 7.125%, 10/22/2023		200,132		212,983
US Airways 2012-2 Class A Pass Through Trust 4.625%, 06/03/2025		177,323		177,190
Verisk Analytics, Inc. 4.125%, 03/15/2029		400,000		454,271
Wabtec Corp. 3.200%, 06/15/2025		500,000		530,560
Watco Companies LLC 6.500%, 06/15/2027 (D)		52,000		55,640
Williams Scotsman International, Inc. 4.625%, 08/15/2028 (D)		72,000		75,003
				42,350,565
Information technology – 3.7%
Atento Luxco 1 SA 8.000%, 02/10/2026 (D)		135,000		147,496
Autodesk, Inc. 2.850%, 01/15/2030		204,000		212,715
Broadcom, Inc.
2.450%, 02/15/2031 (D)		1,000,000		968,427
3.137%, 11/15/2035 (D)		779,000		776,551
3.419%, 04/15/2033 (D)		820,000		848,841
3.469%, 04/15/2034 (D)		421,000		433,519
4.750%, 04/15/2029		1,594,000		1,830,629
5.000%, 04/15/2030		644,000		752,040
CDW LLC 3.250%, 02/15/2029		149,000		152,725
CGI, Inc. 1.450%, 09/14/2026 (D)		377,000		373,044
Clarivate Science Holdings Corp.
3.875%, 07/01/2028 (D)		96,000		96,000
4.875%, 07/01/2029 (D)		98,000		98,191
Consensus Cloud Solutions, Inc. 6.500%, 10/15/2028 (D)		255,000		264,626
Crowdstrike Holdings, Inc. 3.000%, 02/15/2029		56,000		55,812
Dell International LLC
4.900%, 10/01/2026		574,000		661,225
5.300%, 10/01/2029		1,239,000		1,497,724
5.850%, 07/15/2025		196,000		228,028
8.350%, 07/15/2046		363,000		588,734

 

16

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Active Bond Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Information technology (continued)
Fiserv, Inc.
2.250%, 06/01/2027	$	400,000	$	412,579
3.850%, 06/01/2025		614,000		669,812
Fortinet, Inc. 2.200%, 03/15/2031		1,000,000		991,002
Gartner, Inc.
3.625%, 06/15/2029 (D)		116,000		116,882
3.750%, 10/01/2030 (D)		72,000		74,102
4.500%, 07/01/2028 (D)		374,000		392,700
Infor, Inc. 1.750%, 07/15/2025 (D)		151,000		152,943
j2 Global, Inc. 4.625%, 10/15/2030 (D)		230,000		244,375
Jabil, Inc. 3.600%, 01/15/2030		180,000		195,121
KLA Corp. 4.100%, 03/15/2029		340,000		386,944
Lam Research Corp. 4.875%, 03/15/2049		289,000		389,565
Marvell Technology, Inc.
2.450%, 04/15/2028 (D)		520,000		529,760
4.875%, 06/22/2028 (D)		465,000		537,116
Micron Technology, Inc.
4.185%, 02/15/2027		1,038,000		1,167,122
4.663%, 02/15/2030		1,000,000		1,154,250
4.975%, 02/06/2026		190,000		217,261
5.327%, 02/06/2029		1,673,000		1,989,448
Motorola Solutions, Inc.
2.300%, 11/15/2030		531,000		521,895
2.750%, 05/24/2031		568,000		579,653
4.600%, 05/23/2029		129,000		149,811
NXP BV
3.250%, 05/11/2041 (D)		178,000		183,843
3.875%, 06/18/2026 (D)		562,000		619,172
Oracle Corp. 2.950%, 04/01/2030		858,000		898,785
PayPal Holdings, Inc.
2.300%, 06/01/2030		400,000		409,948
2.850%, 10/01/2029		1,753,000		1,871,155
PTC, Inc. 4.000%, 02/15/2028 (D)		76,000		77,995
Qorvo, Inc. 3.375%, 04/01/2031 (D)		247,000		260,437
QUALCOMM, Inc. 1.650%, 05/20/2032		566,000		539,056
Sabre GLBL, Inc. 7.375%, 09/01/2025 (D)		209,000		222,752
Square, Inc.
2.750%, 06/01/2026 (D)		92,000		93,256
3.500%, 06/01/2031 (D)		126,000		129,242
VeriSign, Inc.
2.700%, 06/15/2031		256,000		260,183
5.250%, 04/01/2025		160,000		181,861
Visa, Inc. 2.050%, 04/15/2030		400,000		406,354
Xerox Holdings Corp. 5.500%, 08/15/2028 (D)		332,000		343,710
				27,356,417
Materials – 1.9%
Amcor Flexibles North America, Inc. 3.100%, 09/15/2026		500,000		515,995
Anglo American Capital PLC 4.750%, 04/10/2027 (D)		215,000		244,691
Arconic Corp.
6.000%, 05/15/2025 (D)		117,000		122,876

Active Bond Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Materials (continued)
Arconic Corp. (continued)
6.125%, 02/15/2028 (D)	$	168,000	$	178,083
Braskem Netherlands Finance BV 5.875%, 01/31/2050 (D)		240,000		273,000
Braskem Netherlands Finance BV (8.500% to 10-24-25, then 5 Year CMT + 8.220%) 01/23/2081 (D)		364,000		416,780
Cemex SAB de CV
3.875%, 07/11/2031 (D)		250,000		250,150
5.200%, 09/17/2030 (D)		329,000		353,362
CF Industries, Inc. 4.950%, 06/01/2043		175,000		210,886
Commercial Metals Company 5.375%, 07/15/2027		122,000		128,027
CVR Partners LP 6.125%, 06/15/2028 (D)		110,000		115,363
Cydsa SAB de CV 6.250%, 10/04/2027 (D)		350,000		364,879
First Quantum Minerals, Ltd.
6.875%, 03/01/2026 to 10/15/2027 (D)		404,000		424,168
7.500%, 04/01/2025 (D)		226,000		231,838
FMG Resources August 2006 Pty, Ltd. 4.375%, 04/01/2031 (D)		177,000		182,903
Freeport-McMoRan, Inc.
4.625%, 08/01/2030		297,000		321,131
5.450%, 03/15/2043		764,000		940,675
FS Luxembourg Sarl 10.000%, 12/15/2025 (D)		347,000		381,356
Glencore Funding LLC 2.625%, 09/23/2031 (D)		500,000		489,650
Graham Packaging Company, Inc. 7.125%, 08/15/2028 (D)		24,000		25,481
Hudbay Minerals, Inc. 4.500%, 04/01/2026 (D)		66,000		65,340
Huntsman International LLC 4.500%, 05/01/2029		500,000		566,623
International Flavors & Fragrances, Inc. 1.832%, 10/15/2027 (D)		153,000		153,225
JW Aluminum Continuous Cast Company 10.250%, 06/01/2026 (D)		135,000		144,855
LSB Industries, Inc. 6.250%, 10/15/2028 (D)		84,000		84,735
Mauser Packaging Solutions Holding Company 8.500%, 04/15/2024 (D)		54,000		55,890
Methanex Corp.
4.250%, 12/01/2024		293,000		309,115
5.650%, 12/01/2044		450,000		482,625
Newmont Corp. 2.800%, 10/01/2029		223,000		231,935
Novelis Corp. 4.750%, 01/30/2030 (D)		410,000		431,607
Orbia Advance Corp. SAB de CV 5.500%, 01/15/2048 (D)		315,000		370,519
Owens-Brockway Glass Container, Inc. 6.625%, 05/13/2027 (D)		173,000		185,408
Pactiv Evergreen Group Issuer LLC 4.375%, 10/15/2028 (D)		174,000		174,653
Pactiv Evergreen Group Issuer, Inc. 4.000%, 10/15/2027 (D)		362,000		358,380
Sasol Financing USA LLC 5.500%, 03/18/2031		425,000		435,200
Standard Industries, Inc.
3.375%, 01/15/2031 (D)		142,000		135,141

 

17

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Active Bond Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Materials (continued)
Standard Industries, Inc. (continued)
5.000%, 02/15/2027 (D)	$	73,000	$	75,281
The Mosaic Company 4.250%, 11/15/2023		600,000		639,790
The Sherwin-Williams Company 4.200%, 01/15/2022		1,000,000		1,001,200
Trident TPI Holdings, Inc. 6.625%, 11/01/2025 (D)		35,000		35,564
Trinseo Materials Operating SCA 5.125%, 04/01/2029 (D)		211,000		212,583
Tronox, Inc. 4.625%, 03/15/2029 (D)		242,000		240,790
Valvoline, Inc. 3.625%, 06/15/2031 (D)		298,000		294,275
Volcan Cia Minera SAA 4.375%, 02/11/2026 (D)		69,000		67,172
Vulcan Materials Company 3.500%, 06/01/2030		338,000		371,056
WR Grace Holdings LLC
4.875%, 06/15/2027 (D)		143,000		147,111
5.625%, 08/15/2029 (D)		133,000		136,991
				13,578,358
Real estate – 3.0%
American Homes 4 Rent LP 4.250%, 02/15/2028		203,000		229,804
American Tower Corp.
3.550%, 07/15/2027		662,000		721,384
3.800%, 08/15/2029		225,000		249,502
5.000%, 02/15/2024		670,000		736,120
Columbia Property Trust Operating Partnership LP 4.150%, 04/01/2025		600,000		647,044
Crown Castle International Corp.
3.300%, 07/01/2030		532,000		566,976
3.650%, 09/01/2027		495,000		544,239
3.700%, 06/15/2026		500,000		545,757
3.800%, 02/15/2028		225,000		247,427
4.150%, 07/01/2050		400,000		454,136
CubeSmart LP 4.375%, 02/15/2029		600,000		683,217
CyrusOne LP
2.150%, 11/01/2030		190,000		178,539
3.450%, 11/15/2029		344,000		358,276
EPR Properties 4.950%, 04/15/2028		350,000		384,564
Equinix, Inc.
1.550%, 03/15/2028		444,000		434,062
1.800%, 07/15/2027		255,000		256,226
2.500%, 05/15/2031		693,000		697,716
2.900%, 11/18/2026		1,000,000		1,060,487
3.200%, 11/18/2029		509,000		540,016
ERP Operating LP 3.375%, 06/01/2025		300,000		322,312
Essex Portfolio LP 3.625%, 05/01/2027		500,000		547,740
Extra Space Storage LP 2.350%, 03/15/2032		500,000		488,450
GLP Capital LP 5.375%, 04/15/2026		347,000		394,522
Healthcare Trust of America Holdings LP
3.500%, 08/01/2026		500,000		541,953
3.750%, 07/01/2027		600,000		663,486
Host Hotels & Resorts LP
3.375%, 12/15/2029		505,000		519,773

Active Bond Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Real estate (continued)
Host Hotels & Resorts LP (continued)
3.500%, 09/15/2030	$	347,000	$	360,464
4.500%, 02/01/2026		214,000		234,391
Iron Mountain, Inc.
4.875%, 09/15/2029 (D)		195,000		204,263
5.250%, 07/15/2030 (D)		261,000		276,981
Kimco Realty Corp. 3.375%, 10/15/2022		1,050,000		1,072,893
MGM Growth Properties Operating Partnership LP 3.875%, 02/15/2029 (D)		207,000		220,455
Mid-America Apartments LP 3.950%, 03/15/2029		700,000		787,884
Piedmont Operating Partnership LP 4.450%, 03/15/2024		500,000		534,670
RHP Hotel Properties LP 4.500%, 02/15/2029 (D)		341,000		341,689
RLJ Lodging Trust LP 3.750%, 07/01/2026 (D)		149,000		149,745
SBA Communications Corp.
3.875%, 02/15/2027		356,000		368,905
4.875%, 09/01/2024		700,000		711,708
SBA Tower Trust 2.836%, 01/15/2025 (D)		416,000		430,841
SL Green Operating Partnership LP 3.250%, 10/15/2022		500,000		512,375
STORE Capital Corp. 2.750%, 11/18/2030		500,000		502,318
Uniti Group LP 6.500%, 02/15/2029 (D)		141,000		145,042
Ventas Realty LP 4.750%, 11/15/2030		1,000,000		1,175,557
VICI Properties LP
4.125%, 08/15/2030 (D)		212,000		224,720
4.625%, 12/01/2029 (D)		260,000		279,500
Welltower, Inc. 2.700%, 02/15/2027		400,000		422,504
XHR LP 4.875%, 06/01/2029 (D)		107,000		109,899
				22,080,532
Utilities – 2.0%
ABY Transmision Sur SA 6.875%, 04/30/2043 (D)		211,926		273,938
AES Panama Generation Holdings SRL 4.375%, 05/31/2030 (D)		303,000		312,393
Ameren Corp. 3.500%, 01/15/2031		1,000,000		1,087,390
AmeriGas Partners LP 5.500%, 05/20/2025		275,000		303,820
Arizona Public Service Company 5.500%, 09/01/2035		1,118,000		1,429,104
CenterPoint Energy Houston Electric LLC 6.950%, 03/15/2033		535,000		753,460
Consolidated Edison Company of New York, Inc.
3.350%, 04/01/2030		500,000		547,120
3.950%, 04/01/2050		500,000		570,540
Dominion Energy, Inc.
3.375%, 04/01/2030		662,000		717,102
3.600%, 03/15/2027		500,000		549,262
DPL, Inc. 4.125%, 07/01/2025		249,000		266,430
Edison International 3.550%, 11/15/2024		700,000		742,196

 

18

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Active Bond Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Utilities (continued)
Emera US Finance LP 3.550%, 06/15/2026	$	248,000	$	268,061
FirstEnergy Corp. 2.650%, 03/01/2030		254,000		252,730
Infraestructura Energetica Nova SAB de CV 4.750%, 01/15/2051 (D)		519,000		534,051
Instituto Costarricense de Electricidad 6.375%, 05/15/2043 (D)		210,000		182,438
Israel Electric Corp., Ltd. 6.875%, 06/21/2023 (D)		95,000		104,470
NextEra Energy Capital Holdings, Inc. 3.550%, 05/01/2027		677,000		742,720
NextEra Energy Operating Partners LP
3.875%, 10/15/2026 (D)		243,000		258,370
4.500%, 09/15/2027 (D)		201,000		216,075
NiSource, Inc. 3.600%, 05/01/2030		230,000		252,143
NRG Energy, Inc.
2.450%, 12/02/2027 (D)		374,000		379,524
3.375%, 02/15/2029 (D)		62,000		61,190
3.625%, 02/15/2031 (D)		175,000		171,894
3.875%, 02/15/2032 (D)		371,000		366,826
4.450%, 06/15/2029 (D)		257,000		284,343
Oncor Electric Delivery Company LLC 4.100%, 06/01/2022		750,000		761,670
Southern California Edison Company 3.700%, 08/01/2025		1,000,000		1,087,280
Suburban Propane Partners LP 5.000%, 06/01/2031 (D)		176,000		182,600
Vistra Operations Company LLC
3.700%, 01/30/2027 (D)		624,000		658,064
4.300%, 07/15/2029 (D)		475,000		506,234
				14,823,438
TOTAL CORPORATE BONDS (Cost $323,329,611)			$	349,675,361
CAPITAL PREFERRED SECURITIES – 0.2%
Financials – 0.2%
Truist Bank (Greater of 3 month LIBOR + 0.645% or 4.000%) 4.000%, 12/15/2024 (A)(F)		425,000		434,562
USB Capital IX (Greater of 3 month LIBOR + 1.020% or 3.500%) 3.500%, 11/01/2021 (A)(F)		1,045,000		1,030,962
				1,465,524
TOTAL CAPITAL PREFERRED SECURITIES (Cost $1,389,447)			$	1,465,524
MUNICIPAL BONDS – 0.7%
Foothill-Eastern Transportation Corridor Agency (California) 4.094%, 01/15/2049		1,000,000		1,054,380
New Jersey Transportation Trust Fund Authority
4.081%, 06/15/2039		393,000		446,070
4.131%, 06/15/2042		40,000		45,497
Sales Tax Securitization Corp. (Illinois) 4.637%, 01/01/2040		465,000		562,894
State Board of Administration Finance Corp. (Florida) 1.705%, 07/01/2027		586,000		595,431
State of Connecticut, GO 2.677%, 07/01/2030		250,000		266,252

Active Bond Trust (continued)

		Shares or Principal Amount	Value
MUNICIPAL BONDS (continued)
The School District of Philadelphia (Pennsylvania), GO
5.995%, 09/01/2030	$	315,000	$	396,209
6.765%, 06/01/2040		1,010,000		1,402,893
TOTAL MUNICIPAL BONDS (Cost $4,392,167)			$	4,769,626
TERM LOANS (I) – 0.0%
Communication services – 0.0%
AP Core Holdings II LLC, High-Yield Term Loan B2 (1 month LIBOR + 5.500%) 6.250%, 09/01/2027		41,000		41,103
Industrials – 0.0%
CoreLogic, Inc., Term Loan (1 month LIBOR + 3.500%) 4.000%, 06/02/2028		305,000		304,619
TOTAL TERM LOANS (Cost $343,919)			$	345,722
COLLATERALIZED MORTGAGE OBLIGATIONS – 8.1%
Commercial and residential – 6.0%
Angel Oak Mortgage Trust LLC
Series 2021-2, Class A1, 0.985%, 04/25/2066 (D)(J)		226,920		227,635
Series 2021-4, Class A1, 1.035%, 01/20/2065 (D)(J)		436,074		435,374
Series 2021-5, Class A1, 0.951%, 07/25/2066 (D)(J)		517,641		516,592
AOA Mortgage Trust Series 2015-1177, Class C 3.110%, 12/13/2029 (D)(J)		120,000		119,921
Arbor Multifamily Mortgage Securities Trust Series 2020-MF1, Class XA IO 1.086%, 05/15/2053 (D)		4,344,873		300,611
Arroyo Mortgage Trust
Series 2018-1, Class A1, 3.763%, 04/25/2048 (D)(H)(J)		1,452		1,452
Series 2021-1R, Class A1, 1.175%, 10/25/2048 (D)(J)		327,970		328,209
BAMLL Commercial Mortgage Securities Trust Series 2019-BPR, Class ENM 3.843%, 11/05/2032 (D)(J)		231,000		221,979
BAMLL Re-REMIC Trust Series 2014-FRR4, Class BK23 2.325%, 09/27/2022 (D)(K)		500,000		488,579
BANK
Series 2019-BN20, Class ASB, 2.933%, 09/15/2062		400,000		427,730
Series 2021-BN34, Class XA IO, 1.089%, 06/15/2063		12,778,032		975,182
Bayview Commercial Asset Trust Series 2005-4A, Class A2 (1 month LIBOR + 0.585%) 0.671%, 01/25/2036 (A)(D)		123,587		119,717
BBCMS Mortgage Trust Series 2020-C6, Class A2 2.690%, 02/15/2053		206,000		214,645
BBCMS Trust
Series 2015-MSQ, Class D, 4.123%, 09/15/2032 (D)(J)		140,000		141,513
Series 2015-SRCH, Class D, 5.122%, 08/10/2035 (D)(J)		264,000		292,990
Bear Stearns Asset Backed Securities Trust Series 2003-AC4, Class A 5.500%, 09/25/2033		329,694		339,174

 

19

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Active Bond Trust (continued)

		Shares or Principal Amount	Value
COLLATERALIZED MORTGAGE OBLIGATIONS (continued)
Commercial and residential (continued)
Benchmark Mortgage Trust
Series 2019-B12, Class A2, 3.001%, 08/15/2052	$	410,000	$	429,655
Series 2019-B15, Class XA IO, 0.942%, 12/15/2072		9,922,126		538,731
BRAVO Residential Funding Trust Series 2021-NQM1, Class A1 0.941%, 02/25/2049 (D)(J)		201,631		201,923
BWAY Mortgage Trust Series 2015-1740, Class XA IO 1.023%, 01/10/2035 (D)		3,705,000		9,044
BX Commercial Mortgage Trust
Series 2018-BIOA, Class D (1 month LIBOR + 1.321%), 1.405%, 03/15/2037 (A)(D)		341,000		341,100
Series 2020-VKNG, Class A (1 month LIBOR + 0.930%), 1.014%, 10/15/2037 (A)(D)		452,000		452,846
Series 2021-VOLT, Class C (1 month LIBOR + 1.100%), 1.200%, 09/15/2036 (A)(D)		393,000		393,246
CAMB Commercial Mortgage Trust
Series 2019-LIFE, Class D (1 month LIBOR + 1.750%), 1.834%, 12/15/2037 (A)(D)		121,000		121,112
Series 2019-LIFE, Class F (1 month LIBOR + 2.550%), 2.634%, 12/15/2037 (A)(D)		192,000		192,113
CD Mortgage Trust Series 2017-CD3, Class A4 3.631%, 02/10/2050		800,000		878,479
CFCRE Commercial Mortgage Trust Series 2017-C8, Class C 5.084%, 06/15/2050 (J)		500,000		532,914
CHL Mortgage Pass-Through Trust Series 2004-HYB2, Class 4A 2.424%, 07/20/2034 (J)		474,254		483,939
Citigroup Commercial Mortgage Trust
Series 2018-C5, Class A3, 3.963%, 06/10/2051		554,286		602,236
Series 2018-C5, Class XA IO, 0.692%, 06/10/2051		15,324,908		579,079
Series 2019-C7, Class XA IO, 1.002%, 12/15/2072		15,901,863		958,669
Series 2019-PRM, Class A, 3.341%, 05/10/2036 (D)		310,000		327,685
Series 2019-SMRT, Class A, 4.149%, 01/10/2036 (D)		157,000		167,888
Cold Storage Trust Series 2020-ICE5, Class D (1 month LIBOR + 2.100%) 2.184%, 11/15/2037 (A)(D)		491,495		492,284
COLT Mortgage Loan Trust
Series 2021-2, Class A1, 0.924%, 08/25/2066 (D)(J)		359,964		359,513
Series 2021-3, Class A1, 0.956%, 09/27/2066 (D)(J)		478,401		476,968
Series 2021-HX1, Class A1, 1.110%, 10/25/2066 (D)(J)		414,000		415,554
COLT Trust Series 2020-RPL1, Class A1 1.390%, 01/25/2065 (D)(J)		629,797		629,937

Active Bond Trust (continued)

		Shares or Principal Amount	Value
COLLATERALIZED MORTGAGE OBLIGATIONS (continued)
Commercial and residential (continued)
Commercial Mortgage Trust (Bank of America Merrill Lynch/Deutsche Bank AG) Series 2013-WWP, Class A2 3.424%, 03/10/2031 (D)	$	1,400,000	$	1,451,482
Commercial Mortgage Trust (Cantor Fitzgerald/Deutsche Bank AG)
Series 2012-CR2, Class XA IO, 1.773%, 08/15/2045		8,903,881		50,145
Series 2012-CR3, Class XA IO, 1.994%, 10/15/2045		8,892,783		95,810
Series 2013-CR8, Class A5, 3.612%, 06/10/2046 (J)		330,000		344,096
Series 2013-CR8, Class AM, 3.924%, 06/10/2046 (D)(J)		1,000,000		1,044,300
Series 2014-CR15, Class C, 4.863%, 02/10/2047 (J)		800,000		854,429
Series 2014-CR15, Class XA IO, 0.860%, 02/10/2047		5,098,580		78,332
Series 2014-CR16, Class C, 5.083%, 04/10/2047 (J)		400,000		421,842
Series 2015-CR27, Class A4, 3.612%, 10/10/2048		1,000,000		1,085,394
Commercial Mortgage Trust (Citigroup/Deutsche Bank AG) Series 2018-COR3, Class XA IO 0.581%, 05/10/2051		5,017,178		135,431
Commercial Mortgage Trust (Deutsche Bank AG)
Series 2012-LC4, Class XA IO, 2.230%, 12/10/2044 (D)		2,121,937		118
Series 2013-300P, Class D, 4.540%, 08/10/2030 (D)(J)		307,000		316,559
Series 2013-300P, Class E, 4.540%, 08/10/2030 (D)(J)		700,000		707,177
Series 2017-PANW, Class A, 3.244%, 10/10/2029 (D)		89,000		92,212
Series 2020-CBM, Class A2, 2.896%, 02/10/2037 (D)		279,000		288,893
Commercial Mortgage Trust (Deutsche Bank AG/UBS AG) Series 2014-UBS2, Class XA IO 1.287%, 03/10/2047		3,498,507		77,151
Credit Suisse Mortgage Capital Certificates
Series 2019-AFC1, Class A1, 2.573%, 07/25/2049 (D)		10,108		10,215
Series 2019-ICE4, Class D (1 month LIBOR + 1.600%), 1.684%, 05/15/2036 (A)(D)		460,000		461,303
Series 2020-NET, Class A, 2.257%, 08/15/2037 (D)		106,000		108,939
Series 2021-NQM2, Class A1, 1.179%, 02/25/2066 (D)(J)		352,588		352,851
Series 2021-NQM3, Class A1, 1.015%, 04/25/2066 (D)(J)		286,470		286,112
Series 2021-NQM5, Class A1, 0.938%, 05/25/2066 (D)(J)		263,471		262,037
Series 2021-NQM6, Class A1, 1.174%, 07/25/2066 (D)(J)		423,000		422,914
CSAIL Commercial Mortgage Trust
Series 2019-C17, Class A4, 2.763%, 09/15/2052		425,000		444,185

 

20

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Active Bond Trust (continued)

		Shares or Principal Amount	Value
COLLATERALIZED MORTGAGE OBLIGATIONS (continued)
Commercial and residential (continued)
CSAIL Commercial Mortgage Trust (continued)
Series 2019-C18, Class E, 2.500%, 12/15/2052 (D)	$	265,000	$	231,303
DSLA Mortgage Loan Trust Series 2004-AR3, Class 2A2B (1 month LIBOR + 0.900%) 0.987%, 07/19/2044 (A)		386,012		370,678
Ellington Financial Mortgage Trust
Series 2021-1, Class A1, 0.797%, 02/25/2066 (D)(J)		181,158		180,882
Series 2021-2, Class A1, 0.931%, 06/25/2066 (D)(J)		308,994		309,258
Flagstar Mortgage Trust Series 2021-1, Class A2 2.500%, 02/01/2051 (D)(J)		576,654		583,201
FREMF Mortgage Trust
Series 2016-K54, Class C, 4.190%, 04/25/2048 (D)(J)		290,000		309,394
Series 2016-K56, Class B, 4.075%, 06/25/2049 (D)(J)		1,085,000		1,188,402
Series 2017-K67, Class B, 4.079%, 09/25/2049 (D)(J)		485,000		533,702
Series 2018-K730, Class B, 3.922%, 02/25/2050 (D)(J)		300,000		321,300
Series 2019-KF69, Class B (1 month LIBOR + 2.300%), 2.383%, 08/25/2029 (A)(D)		306,813		309,079
GCAT Trust
Series 2021-NQM1, Class A1, 0.874%, 01/25/2066 (D)(J)		333,923		333,298
Series 2021-NQM2, Class A1, 1.036%, 05/25/2066 (D)(J)		239,605		239,281
Series 2021-NQM3, Class A1, 1.091%, 05/25/2066 (D)(J)		396,366		396,418
GS Mortgage Securities Trust
Series 2005-GG4, Class XC IO, 1.834%, 07/10/2039 (D)		356,737		119
Series 2013-GC10, Class C, 4.285%, 02/10/2046 (D)(J)		859,800		882,268
Series 2015-590M, Class C, 3.932%, 10/10/2035 (D)(J)		150,000		157,480
Series 2017-485L, Class C, 4.115%, 02/10/2037 (D)(J)		85,000		88,436
Series 2020-UPTN, Class A, 2.751%, 02/10/2037 (D)		256,000		267,527
GS Mortgage-Backed Securities Trust Series 2021-NQM1, Class A1 1.017%, 07/25/2061 (D)(J)		209,223		209,281
HarborView Mortgage Loan Trust
Series 2007-3, Class ES IO, 0.350%, 05/19/2047 (D)		9,298,644		97,349
Series 2007-4, Class ES IO, 0.350%, 07/19/2047		9,459,316		126,635
Series 2007-6, Class ES IO, 0.343%, 08/19/2037 (D)		9,661,864		137,205
Hilton Orlando Trust Series 2018-ORL, Class B (1 month LIBOR + 1.200%) 1.284%, 12/15/2034 (A)(D)		1,000,000		999,365
Imperial Fund Mortgage Trust Series 2021-NQM1, Class A1 1.071%, 06/25/2056 (D)(J)		229,854		229,711

Active Bond Trust (continued)

		Shares or Principal Amount	Value
COLLATERALIZED MORTGAGE OBLIGATIONS (continued)
Commercial and residential (continued)
IMT Trust
Series 2017-APTS, Class AFX, 3.478%, 06/15/2034 (D)	$	107,000	$	112,947
Series 2017-APTS, Class CFX, 3.613%, 06/15/2034 (D)(J)		123,000		127,969
Irvine Core Office Trust
Series 2013-IRV, Class A2, 3.279%, 05/15/2048 (D)(J)		255,000		264,720
Series 2013-IRV, Class XA IO, 1.211%, 05/15/2048 (D)		4,186,249		36,801
JPMBB Commercial Mortgage Securities Trust Series 2013-C14, Class XA IO 0.536%, 08/15/2046		4,468,600		26,722
JPMorgan Chase Commercial Mortgage Securities Trust
Series 2006-LDP8, Class X IO, 0.230%, 05/15/2045		44,324		0
Series 2012-HSBC, Class XA IO, 1.582%, 07/05/2032 (D)		9,687,564		70,845
Series 2020-NNN, Class AFX, 2.812%, 01/16/2037 (D)		258,000		268,384
KNDL Mortgage Trust Series 2019-KNSQ, Class D (1 month LIBOR + 1.350%) 1.434%, 05/15/2036 (A)(D)		187,000		187,274
Life Mortgage Trust
Series 2021-BMR, Class A (1 month LIBOR + 0.700%), 0.784%, 03/15/2038 (A)(D)		346,000		346,325
Series 2021-BMR, Class D (1 month LIBOR + 1.400%), 1.484%, 03/15/2038 (A)(D)		270,000		270,514
Series 2021-BMR, Class E (1 month LIBOR + 1.750%), 1.834%, 03/15/2038 (A)(D)		1,000,000		1,001,900
MASTR Adjustable Rate Mortgages Trust
Series 2004-13, Class 2A1, 2.619%, 04/21/2034 (J)		76,484		77,061
Series 2004-8, Class 5A1, 2.307%, 08/25/2034 (J)		87,139		88,021
MASTR Alternative Loan Trust Series 2004-4, Class 8A1 6.500%, 05/25/2034		196,459		205,517
Merrill Lynch Mortgage Investors Trust Series 2005-A, Class A1 (1 month LIBOR + 0.460%) 0.546%, 03/25/2030 (A)		16,431		16,471
Merrill Lynch Mortgage Trust Series 2008-C1, Class X IO 0.000%, 02/12/2051 (D)		2,671,182		27
MFA Trust
Series 2020-NQM3, Class A1, 1.014%, 01/26/2065 (D)(J)		200,384		200,668
Series 2021-NQM1, Class A1, 1.153%, 04/25/2065 (D)(J)		276,374		276,522
Morgan Stanley Bank of America Merrill Lynch Trust
Series 2012-C5, Class XA IO, 1.527%, 08/15/2045 (D)		8,962,686		47,822
Series 2012-C6, Class XA IO, 1.749%, 11/15/2045 (D)		5,350,286		41,204

 

21

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Active Bond Trust (continued)

		Shares or Principal Amount	Value
COLLATERALIZED MORTGAGE OBLIGATIONS (continued)
Commercial and residential (continued)
Morgan Stanley Bank of America Merrill Lynch Trust (continued)
Series 2013-C7, Class XA IO, 1.455%, 02/15/2046	$	10,211,823	$	127,974
Series 2014-C17, Class XA IO, 1.214%, 08/15/2047		9,727,544		195,163
Morgan Stanley Capital I Trust
Series 2017-CLS, Class D (1 month LIBOR + 1.400%), 1.484%, 11/15/2034 (A)(D)		298,000		298,094
Series 2019-L3, Class XA IO, 0.763%, 11/15/2052		21,429,618		969,146
Natixis Commercial Mortgage Securities Trust
Series 2018-285M, Class D, 3.917%, 11/15/2032 (D)(J)		135,000		136,543
Series 2018-ALXA, Class C, 4.460%, 01/15/2043 (D)(J)		98,000		104,510
OBX Trust
Series 2020-EXP2, Class A3, 2.500%, 05/25/2060 (D)(J)		205,543		208,564
Series 2021-NQM2, Class A1, 1.101%, 05/25/2061 (D)(J)		414,175		415,390
Series 2021-NQM3, Class A1, 1.054%, 07/25/2061 (D)(J)		460,007		459,939
One Market Plaza Trust Series 2017-1MKT, Class D 4.146%, 02/10/2032 (D)		90,000		91,099
Provident Funding Mortgage Trust Series 2020-F1, Class A2 2.000%, 01/25/2036 (D)(J)		508,440		515,182
Sequoia Mortgage Trust Series 2005-3, Class A1 (1 month LIBOR + 0.400%) 0.487%, 05/20/2035 (A)		37,433		38,746
SLG Office Trust Series 2021-OVA, Class D 2.851%, 07/15/2041 (D)		352,000		351,484
Starwood Mortgage Residential Trust Series 2020-3, Class A1 1.486%, 04/25/2065 (D)(J)		165,656		166,359
Structured Asset Securities Corp. Series 1998-RF2, Class A 4.739%, 07/15/2027 (D)(J)		41,034		40,819
UBS-Barclays Commercial Mortgage Trust Series 2012-C2, Class XA IO 1.430%, 05/10/2063 (D)		5,727,100		33,333
Velocity Commercial Capital Loan Trust Series 2018-2, Class M1 4.260%, 10/26/2048 (D)(J)		275,984		288,247
Verus Securitization Trust
Series 2020-5, Class A1, 1.218%, 05/25/2065 (D)		159,100		159,553
Series 2021-3, Class A1, 1.046%, 06/25/2066 (D)(J)		425,366		426,676
Series 2021-4, Class A1, 0.938%, 07/25/2066 (D)(J)		206,691		206,454
Series 2021-5, Class A1, 1.013%, 09/25/2066 (D)(J)		355,000		354,488
Series 2021-R1, Class A1, 0.820%, 10/25/2063 (D)(J)		283,555		283,245

Active Bond Trust (continued)

		Shares or Principal Amount	Value
COLLATERALIZED MORTGAGE OBLIGATIONS (continued)
Commercial and residential (continued)
WaMu Mortgage Pass Through Certificates
Series 2005-AR2, Class 2A1B (1 month LIBOR + 0.740%), 0.826%, 01/25/2045 (A)	$	343,984	$	345,310
Series 2005-AR8, Class 2AB3 (1 month LIBOR + 0.720%), 0.806%, 07/25/2045 (A)		266,829		266,110
Washington Mutual Mortgage Pass Through Certificates Series 2005-1, Class 6A1 6.500%, 03/25/2035		199,703		201,843
Wells Fargo Commercial Mortgage Trust Series 2019-C54, Class A3 2.892%, 12/15/2052		500,000		525,655
WF-RBS Commercial Mortgage Trust
Series 2012-C10, Class XA IO, 1.635%, 12/15/2045 (D)		5,443,712		70,695
Series 2012-C9, Class XA IO, 2.017%, 11/15/2045 (D)		6,474,961		76,221
				43,654,273
U.S. Government Agency – 2.1%
Federal Home Loan Mortgage Corp.
Series 290, Class IO, 3.500%, 11/15/2032		1,003,725		114,369
Series 3387, Class SB IO, 6.336%, 11/15/2037		928,686		154,057
Series 3632, Class AP, 3.000%, 02/15/2040		619,660		652,693
Series K018, Class X1 IO, 1.367%, 01/25/2022		2,292,029		87
Series K021, Class A2, 2.396%, 06/25/2022		980,697		991,061
Series K021, Class X1 IO, 1.508%, 06/25/2022		10,869,904		44,044
Series K022, Class X1 IO, 1.296%, 07/25/2022		2,351,715		15,673
Series K026, Class X1 IO, 1.063%, 11/25/2022		9,700,048		84,233
Series K109, Class X1 IO, 1.699%, 04/25/2030		3,125,588		363,200
Series KS01, Class X1 IO, 1.245%, 01/25/2023		4,419,533		29,916
Series T-41, Class 3A, 4.971%, 07/25/2032 (J)		45,950		51,081
Federal National Mortgage Association
Series 2001-50, Class BA, 7.000%, 10/25/2041		5,857		6,668
Series 2002-W3, Class A5, 7.500%, 11/25/2041		53,163		64,236
Series 2010-15, Class KA, 4.000%, 03/25/2039		20,783		20,852
Series 2011-41, Class KA, 4.000%, 01/25/2041		146,710		153,378
Series 2011-86, Class NA, 4.000%, 01/25/2041		103,180		104,491
Series 2012-137, Class WI IO, 3.500%, 12/25/2032		970,967		114,241
Series 2012-21, Class PA, 2.000%, 03/25/2041		1,105,528		1,131,780
Series 2012-38, Class PA, 2.000%, 09/25/2041		564,696		578,430

 

22

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (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 2012-M5, Class X IO, 0.596%, 02/25/2022	$	1,990,024	$	26
Series 2015-C01, Class 1M2 (1 month LIBOR + 4.300%), 4.386%, 02/25/2025 (A)		99,586		101,631
Series 2015-C02, Class 2M2 (1 month LIBOR + 4.000%), 4.086%, 05/25/2025 (A)		7,233		7,265
Series 2015-C03, Class 2M2 (1 month LIBOR + 5.000%), 5.086%, 07/25/2025 (A)		33,018		33,331
Series 2016-M12, Class X2 IO, 0.062%, 09/25/2026		33,075,667		276,575
Series 2018-C02, Class 2M2 (1 month LIBOR + 2.200%), 2.286%, 08/25/2030 (A)		63,801		64,613
Series 2018-C05, Class 1M2 (1 month LIBOR + 2.350%), 2.436%, 01/25/2031 (A)		38,455		39,013
Series 2019-M25, Class X IO, 0.230%, 11/25/2029		34,825,679		515,110
Series 2019-M7, Class X IO, 0.463%, 04/25/2029		14,263,261		466,817
Series 2020-R02, Class 2M2 (1 month LIBOR + 2.000%), 2.086%, 01/25/2040 (A)(D)		347,699		349,273
Series 2021-31, Class IE IO, 4.719%, 03/25/2050		2,594,000		358,706
Series 2021-M8, Class X IO, 0.553%, 11/25/2035		11,957,578		472,476
Government National Mortgage Association
Series 2008-90, Class IO, 2.008%, 12/16/2050		2,078,485		309,906
Series 2010-147, Class SA IO, 6.083%, 05/20/2040		586,119		40,263
Series 2010-85, Class SB IO, 6.515%, 03/16/2040		921,290		130,610
Series 2012-114, Class IO, 0.628%, 01/16/2053		434,695		9,274
Series 2012-120, Class IO, 0.665%, 02/16/2053		4,726,990		104,963
Series 2012-70, Class IO, 0.082%, 08/16/2052		1,394,294		3,867
Series 2015-41, Class IO, 0.337%, 09/16/2056		2,747,561		62,681
Series 2016-162, Class IO, 0.815%, 09/16/2058		5,385,949		264,875
Series 2016-174, Class IO, 0.824%, 11/16/2056		619,039		32,667
Series 2017-109, Class IO, 0.434%, 04/16/2057		1,236,541		40,880
Series 2017-124, Class IO, 0.669%, 01/16/2059		1,144,838		53,465
Series 2017-135, Class IO, 0.732%, 10/16/2058		1,080,928		51,431
Series 2017-140, Class IO, 0.525%, 02/16/2059		432,645		18,361
Series 2017-159, Class IO, 0.476%, 06/16/2059		11,224,259		526,206
Series 2017-169, Class IO, 0.594%, 01/16/2060		2,265,566		105,210

Active Bond Trust (continued)

		Shares or Principal Amount	Value
COLLATERALIZED MORTGAGE OBLIGATIONS (continued)
U.S. Government Agency (continued)
Government National Mortgage Association (continued)
Series 2017-20, Class IO, 0.662%, 12/16/2058	$	2,614,360	$	106,653
Series 2017-22, Class IO, 0.792%, 12/16/2057		278,668		14,210
Series 2017-23, Class IO, 0.619%, 05/16/2059		8,366,497		374,994
Series 2017-41, Class IO, 0.672%, 07/16/2058		1,249,923		53,095
Series 2017-46, Class IO, 0.629%, 11/16/2057		924,154		41,916
Series 2017-50, Class IO, 0.654%, 01/16/2057		11,148,822		511,111
Series 2017-61, Class IO, 0.740%, 05/16/2059		423,003		22,004
Series 2018-158, Class IO, 0.741%, 05/16/2061		2,004,977		129,149
Series 2018-35, Class IO, 0.518%, 03/16/2060		2,090,907		100,594
Series 2018-43, Class IO, 0.534%, 05/16/2060		1,991,463		95,016
Series 2018-69, Class IO, 0.605%, 04/16/2060		480,650		28,455
Series 2018-81, Class IO, 0.477%, 01/16/2060		327,743		14,709
Series 2018-85, Class IO, 0.537%, 07/16/2060		6,525,666		371,359
Series 2018-9, Class IO, 0.497%, 01/16/2060		2,436,626		112,173
Series 2019-131, Class IO, 0.887%, 07/16/2061		1,694,786		113,056
Series 2020-100, Class IO, 0.847%, 05/16/2062		1,672,687		126,090
Series 2020-108, Class IO, 0.906%, 06/16/2062		3,802,042		288,598
Series 2020-114, Class IO, 0.879%, 09/16/2062		4,291,869		329,369
Series 2020-118, Class IO, 0.965%, 06/16/2062		2,860,873		226,558
Series 2020-119, Class IO, 0.772%, 08/16/2062		1,757,860		125,014
Series 2020-120, Class IO, 0.832%, 05/16/2062		866,953		66,305
Series 2020-137, Class IO, 0.838%, 09/16/2062		4,161,281		304,987
Series 2020-143, Class IB IO, 0.891%, 03/16/2062		5,385,174		402,099
Series 2020-150, Class IO, 0.972%, 12/16/2062		2,485,394		204,487
Series 2020-161, Class IA IO, 0.500%, 08/16/2062		19,523,764		526,538
Series 2020-170, Class IO, 0.879%, 11/16/2062		3,561,935		284,819
Series 2020-28, Class IO, 0.863%, 11/16/2061		5,885,352		438,669
Series 2020-92, Class IO, 0.978%, 02/16/2062		3,655,621		290,442
Series 2021-11, Class IA IO, 0.250%, 12/16/2062		24,692,433		404,114
Series 2021-3, Class IO, 0.918%, 09/16/2062		4,192,217		342,375

 

23

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (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)
Government National Mortgage Association (continued)
Series 2021-40, Class IO, 0.842%, 02/16/2063	$	1,000,287	$	77,904
				15,640,847
TOTAL COLLATERALIZED MORTGAGE OBLIGATIONS (Cost $63,653,660)			$	59,295,120
ASSET BACKED SECURITIES – 6.6%
Aegis Asset Backed Securities Trust Series 2004-3, Class M1 (1 month LIBOR + 0.900%) 0.986%, 09/25/2034 (A)		569,508		569,931
Aligned Data Centers Issuer LLC Series 2021-1A, Class A2 1.937%, 08/15/2046 (D)		583,000		585,892
Amresco Residential Securities Corp. Mortgage Loan Trust Series 1998-1, Class A6 6.510%, 08/25/2027 (J)		4		4
AMSR Trust Series 2020-SFR4, Class A 1.355%, 11/17/2037 (D)		602,000		600,799
Applebee's Funding LLC Series 2019-1A, Class A2I 4.194%, 06/07/2049 (D)		529,650		538,935
Aqua Finance Trust Series 2021-A, Class A 1.790%, 07/17/2046 (D)		235,000		234,617
Arby's Funding LLC Series 2020-1A, Class A2 3.237%, 07/30/2050 (D)		505,890		524,621
ARL First LLC Series 2012-1A, Class A2 3.810%, 12/15/2042 (D)		900,000		920,692
Avis Budget Rental Car Funding AESOP LLC
Series 2019-3A, Class A 2.360%, 03/20/2026 (D)		473,000		491,980
Series 2020-1A, Class A 2.330%, 08/20/2026 (D)		333,000		346,134
Bojangles Issuer LLC Series 2020-1A, Class A2 3.832%, 10/20/2050 (D)		264,000		273,461
BRE Grand Islander Timeshare Issuer LLC Series 2019-A, Class A 3.280%, 09/26/2033 (D)		111,661		116,460
Capital One Multi-Asset Execution Trust Series 2016-A7, Class A7 (1 month LIBOR + 0.510%) 0.594%, 09/16/2024 (A)		3,123,000		3,124,915
CARS-DB4 LP
Series 2020-1A, Class A1 2.690%, 02/15/2050 (D)		907,021		930,367
Series 2020-1A, Class A4 3.190%, 02/15/2050 (D)		997,708		1,020,144
Series 2020-1A, Class B1 4.170%, 02/15/2050 (D)		381,000		392,630
Centex Home Equity Loan Trust Series 2005-A, Class M4 (1 month LIBOR + 1.200%) 1.286%, 01/25/2035 (A)		156,736		154,325

Active Bond Trust (continued)

		Shares or Principal Amount	Value
ASSET BACKED SECURITIES (continued)
CF Hippolyta LLC
Series 2020-1, Class A1 1.690%, 07/15/2060 (D)	$	509,499	$	516,403
Series 2021-1A, Class A1 1.530%, 03/15/2061 (D)		481,165		484,322
Chase Auto Credit Linked Notes Series 2021-3, Class B 0.760%, 02/26/2029 (D)		307,348		307,178
Citibank Credit Card Issuance Trust
Series 2017-A6, Class A6 (1 month LIBOR + 0.770%) 0.854%, 05/14/2029 (A)		565,000		576,749
Series 2017-A7, Class A7 (1 month LIBOR + 0.370%) 0.453%, 08/08/2024 (A)		3,000,000		3,006,600
CLI Funding VI LLC Series 2020-1A, Class A 2.080%, 09/18/2045 (D)		638,130		641,774
CLI Funding VIII LLC Series 2021-1A, Class A 1.640%, 02/18/2046 (D)		527,453		520,677
Conseco Finance Corp. Series 1996-10, Class M1 7.240%, 11/15/2028 (J)		29,607		29,944
ContiMortgage Home Equity Loan Trust Series 1995-2, Class A5 8.100%, 08/15/2025		5,808		5,597
CoreVest American Finance Trust Series 2019-3, Class A 2.705%, 10/15/2052 (D)		80,560		83,891
Credit-Based Asset Servicing & Securitization LLC Series 2006-MH1, Class B1 6.250%, 10/25/2036 (D)		2,560,000		2,621,849
CWABS Asset-Backed Certificates Trust Series 2004-10, Class AF5B 4.370%, 02/25/2035		2,886		2,876
DataBank Issuer Series 2021-1A, Class A2 2.060%, 02/27/2051 (D)		225,000		224,546
DB Master Finance LLC
Series 2017-1A, Class A2I 3.629%, 11/20/2047 (D)		207,475		208,372
Series 2017-1A, Class A2II 4.030%, 11/20/2047 (D)		192,035		202,489
Series 2019-1A, Class A2I 3.787%, 05/20/2049 (D)		877,100		880,878
Diamond Infrastructure Funding LLC
Series 2021-1A, Class B 2.355%, 04/15/2049 (D)		1,000,000		988,637
Series 2021-1A, Class C 3.475%, 04/15/2049 (D)		104,000		103,993
Domino's Pizza Master Issuer LLC
Series 2017-1A, Class A23 4.118%, 07/25/2047 (D)		598,300		642,212
Series 2021-1A, Class A2I 2.662%, 04/25/2051 (D)		1,319,693		1,357,193
Driven Brands Funding LLC
Series 2020-2A, Class A2 3.237%, 01/20/2051 (D)		359,195		369,029
Series 2021-1A, Class A2 2.791%, 10/20/2051 (D)		433,000		433,000
FirstKey Homes Trust
Series 2020-SFR1, Class A 1.339%, 08/17/2037 (D)		592,314		592,662
Series 2020-SFR2, Class A 1.266%, 10/19/2037 (D)		703,992		701,784

 

24

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Active Bond Trust (continued)

		Shares or Principal Amount	Value
ASSET BACKED SECURITIES (continued)
FirstKey Homes Trust (continued)
Series 2021-SFR1, Class A 1.538%, 08/17/2038 (D)	$	527,000	$	526,256
Series 2021-SFR1, Class D 2.189%, 08/17/2038 (D)		346,000		344,563
Five Guys Funding LLC Series 2017-1A, Class A2 4.600%, 07/25/2047 (D)		672,915		702,033
FOCUS Brands Funding LLC Series 2017-1A, Class A2IB 3.857%, 04/30/2047 (D)		150,589		154,544
Ford Credit Auto Owner Trust Series 2020-1, Class A 2.040%, 08/15/2031 (D)		608,000		628,694
Ford Credit Floorplan Master Owner Trust Series 2020-2, Class A 1.060%, 09/15/2027		561,000		559,739
GM Financial Automobile Leasing Trust Series 2021-2, Class A4 0.410%, 05/20/2025		125,000		124,921
Golub Capital Partners Funding, Ltd.
Series 2020-1A, Class A2 3.208%, 01/22/2029 (D)		394,000		395,583
Series 2021-1A, Class A2 2.773%, 04/20/2029 (D)		290,000		288,304
Hilton Grand Vacations Trust
Series 2017-AA, Class A 2.660%, 12/26/2028 (D)		178,180		182,034
Series 2018-AA, Class A 3.540%, 02/25/2032 (D)		116,606		122,226
Honda Auto Receivables Owner Trust Series 2021-2, Class A4 0.550%, 08/16/2027		247,000		245,746
Jack in the Box Funding LLC
Series 2019-1A, Class A23 4.970%, 08/25/2049 (D)		264,998		289,499
Series 2019-1A, Class A2I 3.982%, 08/25/2049 (D)		228,275		232,942
Laurel Road Prime Student Loan Trust Series 2019-A, Class A2FX 2.730%, 10/25/2048 (D)		57,595		58,586
MVW Owner Trust Series 2018-1A, Class A 3.450%, 01/21/2036 (D)		200,508		207,830
Navient Private Education Loan Trust Series 2016-AA, Class A2A 3.910%, 12/15/2045 (D)		108,705		114,387
Navient Private Education Refi Loan Trust Series 2019-FA, Class A2 2.600%, 08/15/2068 (D)		267,156		272,934
Navient Student Loan Trust Series 2020-2A, Class A1A 1.320%, 08/26/2069 (D)		390,186		384,638
Neighborly Issuer LLC Series 2021-1A, Class A2 3.584%, 04/30/2051 (D)		626,430		645,383
NRZ Excess Spread-Collateralized Notes
Series 2018-FNT1, Class A 3.610%, 05/25/2023 (D)		59,926		60,028
Series 2018-FNT2, Class A 3.790%, 07/25/2054 (D)		56,868		56,899
Series 2021-FHT1, Class A 3.104%, 07/25/2026 (D)		124,210		124,652

Active Bond Trust (continued)

		Shares or Principal Amount	Value
ASSET BACKED SECURITIES (continued)
Option One Mortgage Loan Trust Series 2004-1, Class M1 (1 month LIBOR + 0.900%) 0.986%, 01/25/2034 (A)	$	220,166	$	220,327
Oxford Finance Funding LLC Series 2019-1A, Class A2 4.459%, 02/15/2027 (D)		209,049		214,972
Progress Residential Trust
Series 2020-SFR1, Class A 1.732%, 04/17/2037 (D)		359,000		361,834
Series 2021-SFR8, Class B 1.681%, 10/17/2038 (D)		216,000		214,189
Renaissance Home Equity Loan Trust Series 2005-2, Class AF4 4.934%, 08/25/2035		82,973		85,570
Santander Revolving Auto Loan Trust Series 2019-A, Class A 2.510%, 01/26/2032 (D)		611,000		641,512
ServiceMaster Funding LLC Series 2021-1, Class A2I 2.865%, 07/30/2051 (D)		466,000		465,206
Sesac Finance LLC Series 2019-1, Class A2 5.216%, 07/25/2049 (D)		473,340		502,085
Sierra Timeshare Receivables Funding LLC Series 2019-1A, Class A 3.200%, 01/20/2036 (D)		71,542		73,805
SMB Private Education Loan Trust
Series 2015-C, Class A2A 2.750%, 07/15/2027 (D)		10,995		11,068
Series 2019-B, Class A2A 2.840%, 06/15/2037 (D)		453,251		471,224
Series 2020-PTA, Class A2A 1.600%, 09/15/2054 (D)		394,771		399,026
Series 2021-A, Class APT2 1.070%, 01/15/2053 (D)		290,206		285,884
Sonic Capital LLC
Series 2020-1A, Class A2I 3.845%, 01/20/2050 (D)		413,472		435,028
Series 2021-1A, Class A2I 2.190%, 08/20/2051 (D)		315,000		315,167
Store Master Funding I-VII and XIV Series 2019-1, Class A2 3.650%, 11/20/2049 (D)		288,679		309,905
Sunbird Engine Finance LLC Series 2020-1A, Class A 3.671%, 02/15/2045 (D)		194,676		188,644
Taco Bell Funding LLC Series 2021-1A, Class A2I 1.946%, 08/25/2051 (D)		669,000		668,465
TAL Advantage VII LLC Series 2020-1A, Class B 3.290%, 09/20/2045 (D)		447,500		453,393
TIF Funding II LLC Series 2021-1A, Class A 1.650%, 02/20/2046 (D)		303,467		296,866
Towd Point Mortgage Trust
Series 2015-1, Class A5 3.184%, 10/25/2053 (D)(J)		123,000		127,857
Series 2015-2, Class 1M2 3.384%, 11/25/2060 (D)(J)		175,000		181,693
Series 2015-6, Class M2 3.750%, 04/25/2055 (D)(J)		1,000,000		1,046,917
Series 2017-2, Class A1 2.750%, 04/25/2057 (D)(J)		23,532		23,816

 

25

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Active Bond Trust (continued)

		Shares or Principal Amount	Value
ASSET BACKED SECURITIES (continued)
Towd Point Mortgage Trust (continued)
Series 2018-1, Class A1 3.000%, 01/25/2058 (D)(J)	$	83,424	$	85,125
Series 2018-4, Class A1 3.000%, 06/25/2058 (D)(J)		295,616		306,402
Series 2018-5, Class A1A 3.250%, 07/25/2058 (D)(J)		41,323		42,004
Series 2018-6, Class A1A 3.750%, 03/25/2058 (D)(J)		298,373		305,442
Series 2019-1, Class A1 3.705%, 03/25/2058 (D)(J)		251,113		264,475
Series 2019-4, Class A1 2.900%, 10/25/2059 (D)(J)		285,640		295,831
Series 2020-4, Class A1 1.750%, 10/25/2060 (D)		303,447		307,230
Toyota Auto Loan Extended Note Trust
Series 2019-1A, Class A 2.560%, 11/25/2031 (D)		1,010,000		1,058,978
Series 2020-1A, Class A 1.350%, 05/25/2033 (D)		346,000		350,616
Tricon American Homes Trust Series 2020-SFR2, Class D 2.281%, 11/17/2039 (D)		500,000		491,538
Triton Container Finance VIII LLC
Series 2020-1A, Class A 2.110%, 09/20/2045 (D)		766,770		771,789
Series 2021-1A, Class A 1.860%, 03/20/2046 (D)		420,343		416,511
USQ Rail II LLC Series 2021-3, Class A 2.210%, 06/28/2051 (D)		494,125		498,426
Vantage Data Centers LLC
Series 2020-1A, Class A2 1.645%, 09/15/2045 (D)		438,000		436,669
Series 2020-2A, Class A2 1.992%, 09/15/2045 (D)		312,000		310,185
VR Funding LLC Series 2020-1A, Class A 2.790%, 11/15/2050 (D)		534,241		536,681
VSE VOI Mortgage LLC Series 2017-A, Class A 2.330%, 03/20/2035 (D)		153,116		156,370
Wendy's Funding LLC Series 2021-1A, Class A2I 2.370%, 06/15/2051 (D)		385,035		388,256
Willis Engine Structured Trust V Series 2020-A, Class A 3.228%, 03/15/2045 (D)		148,025		146,938
Zaxby's Funding LLC Series 2021-1A, Class A2 3.238%, 07/30/2051 (D)		507,000		515,267
TOTAL ASSET BACKED SECURITIES (Cost $47,991,105)			$	48,730,169
COMMON STOCKS – 0.1%
Energy – 0.0%
Noble Corp. (C)(E)		378		10,229
Utilities – 0.1%
Algonquin Power & Utilities Corp.		8,150		394,589
Dominion Energy, Inc.		550		53,422
				448,011
TOTAL COMMON STOCKS (Cost $467,539)			$	458,240
PREFERRED SECURITIES – 0.1%
Communication services – 0.0%
Telephone & Data Systems, Inc., 6.625%		7,625		202,749

Active Bond Trust (continued)

		Shares or Principal Amount	Value
PREFERRED SECURITIES (continued)
Consumer staples – 0.0%
Ocean Spray Cranberries, Inc., 6.250% (D)		2,216	$	203,872
Financials – 0.0%
GMAC Capital Trust I (3 month LIBOR + 5.785%), 5.910% (A)		414		10,449
Wells Fargo & Company, 7.500%		55		81,510
				91,959
Utilities – 0.1%
DTE Energy Company, 6.250%		669		33,624
NextEra Energy, Inc., 5.279%		4,350		221,676
NiSource, Inc., 7.750%		1,800		186,210
The Southern Company, 6.750%		831		42,389
				483,899
TOTAL PREFERRED SECURITIES (Cost $931,010)			$	982,479
WARRANTS – 0.0%
Noble Corp. (Expiration Date: 2-5-28; Strike Price: $23.13) (C)		1,540		21,560
TOTAL WARRANTS (Cost $2,792)			$	21,560
ESCROW CERTIFICATES – 0.0%
LSC Communications, Inc. (C)(D)	$	420,000		1,260
TOTAL ESCROW CERTIFICATES (Cost $0)			$	1,260
SHORT-TERM INVESTMENTS – 15.3%
Short-term funds – 13.2%
John Hancock Collateral Trust, 0.0303% (L)(M)		377,863		3,780,973
State Street Institutional U.S. Government Money Market Fund, Premier Class, 0.0250% (L)		93,059,055		93,059,055
				96,840,028
Repurchase agreement – 2.1%
Repurchase Agreement with State Street Corp. dated 9-30-21 at 0.000% to be repurchased at $14,858,000 on 10-1-21, collateralized by $15,168,800 U.S. Treasury Notes, 0.250% due 9-30-23 (valued at $15,155,178)	$	14,858,000		14,858,000
TOTAL SHORT-TERM INVESTMENTS (Cost $111,698,137)			$	111,698,028
Total Investments (Active Bond Trust) (Cost $790,396,720) – 111.5%			$	816,721,376
Other assets and liabilities, net – (11.5%)				(84,126,930)
TOTAL NET ASSETS – 100.0%			$	732,594,446

Currency Abbreviations
ARS	Argentine Peso
EUR	Euro
GBP	Pound Sterling
MXN	Mexican Peso

Security Abbreviations and Legend
CMT	Constant Maturity Treasury
GO	General Obligation
ICE	Intercontinental Exchange
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	Pay-in-Kind Security - Represents a payment-in-kind which may pay interest in additional par and/or cash. Rates shown are the current rate and most recent payment rate.
SOFR	Secured Overnight Financing Rate

 

26

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Active Bond Trust (continued)

TBA	To Be Announced. A forward mortgage-backed securities trade issued by a U.S. Government Agency, to be delivered at an agreed-upon future settlement date.
(A)	Variable rate obligation. The coupon rate shown represents the rate at period end.
(B)	Security purchased or sold on a when-issued or delayed delivery basis.
(C)	Non-income producing security.
(D)	These 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. Rule 144A securities amounted to $159,290,771 or 21.7% of the fund's net assets as of 9-30-21.
(E)	All or a portion of this security is on loan as of 9-30-21. The value of securities on loan amounted to $3,685,231.
(F)	Perpetual bonds have no stated maturity date. Date shown as maturity date is next call date.
(G)	Non-income producing - Issuer is in default.
(H)	Security is valued using significant unobservable inputs and is classified as Level 3 in the fair value hierarchy.
(I)	Term loans are variable rate obligations. The coupon rate shown represents the rate at period end.
(J)	Variable or floating rate security, the interest rate of which adjusts periodically based on a weighted average of interest rates and prepayments on the underlying pool of assets. The interest rate shown is the current rate as of period end.
(K)	Zero coupon bonds are issued at a discount from their principal amount in lieu of paying interest periodically. Rate shown is the effective yield at period end.
(L)	The rate shown is the annualized seven-day yield as of 9-30-21.
(M)	Investment is an affiliate of the fund, the advisor and/or subadvisor. This security represents the investment of cash collateral received for securities lending.
*	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.

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	49,713,214	$	1,383,518,734
TOTAL INVESTMENT COMPANIES (Cost $994,866,026)		$	1,383,518,734
Total Investments (American Asset Allocation Trust) (Cost $994,866,026) - 100.0%		$	1,383,518,734
Other assets and liabilities, net - (0.0%)			(28,158)
TOTAL NET ASSETS - 100.0%		$	1,383,490,576

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	5,670,022	$	246,759,338
TOTAL INVESTMENT COMPANIES (Cost $161,551,497)		$	246,759,338
Total Investments (American Global Growth Trust) (Cost $161,551,497) - 100.0%		$	246,759,338
Other assets and liabilities, net - (0.0%)			(23,960)
TOTAL NET ASSETS - 100.0%		$	246,735,378

American Growth Trust

	Shares or Principal Amount	Value
INVESTMENT COMPANIES - 100.0%
American Funds Insurance Series - 100.0%
American Growth Fund - Class 1	9,045,601	$	1,073,893,767
TOTAL INVESTMENT COMPANIES (Cost $696,435,020)		$	1,073,893,767
Total Investments (American Growth Trust) (Cost $696,435,020) - 100.0%		$	1,073,893,767
Other assets and liabilities, net - (0.0%)			(28,713)
TOTAL NET ASSETS - 100.0%		$	1,073,865,054

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	16,855,208	$	1,055,304,565
TOTAL INVESTMENT COMPANIES (Cost $782,795,721)		$	1,055,304,565
Total Investments (American Growth-Income Trust) (Cost $782,795,721) - 100.0%		$	1,055,304,565
Other assets and liabilities, net - (0.0%)			(29,522)
TOTAL NET ASSETS - 100.0%		$	1,055,275,043

American International Trust

	Shares or Principal Amount	Value
INVESTMENT COMPANIES - 100.0%
American Funds Insurance Series - 100.0%
American International Fund - Class 1	20,165,704	$	487,203,409
TOTAL INVESTMENT COMPANIES (Cost $379,109,919)		$	487,203,409
Total Investments (American International Trust) (Cost $379,109,919) - 100.0%		$	487,203,409
Other assets and liabilities, net - (0.0%)			(23,013)
TOTAL NET ASSETS - 100.0%		$	487,180,396

Blue Chip Growth Trust

	Shares or Principal Amount	Value
COMMON STOCKS – 99.6%
Communication services – 27.0%
Entertainment – 5.7%
Netflix, Inc. (A)	82,302	$	50,232,203
Roku, Inc. (A)	11,900		3,728,865
Sea, Ltd., ADR (A)	193,447		61,657,362
Spotify Technology SA (A)	34,773		7,835,748
The Walt Disney Company (A)	71,630		12,117,647
			135,571,825
Interactive media and services – 21.1%
Alphabet, Inc., Class A (A)	15,868		42,423,415
Alphabet, Inc., Class C (A)	69,346		184,828,587
Facebook, Inc., Class A (A)	533,183		180,956,978
Pinterest, Inc., Class A (A)	349,040		17,783,588
Snap, Inc., Class A (A)	715,299		52,839,137

 

27

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Blue Chip Growth Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Interactive media and services (continued)
Tencent Holdings, Ltd.	417,500	$	24,924,214
			503,755,919
Wireless telecommunication services – 0.2%
T-Mobile US, Inc. (A)	45,009		5,750,350
			645,078,094
Consumer discretionary – 18.9%
Hotels, restaurants and leisure – 1.7%
Booking Holdings, Inc. (A)	5,837		13,856,279
Chipotle Mexican Grill, Inc. (A)	11,118		20,207,187
Starbucks Corp.	58,791		6,485,235
			40,548,701
Internet and direct marketing retail – 12.6%
Alibaba Group Holding, Ltd., ADR (A)	70,500		10,437,525
Amazon.com, Inc. (A)	79,917		262,530,542
Coupang, Inc. (A)	137,433		3,827,509
Delivery Hero SE (A)(B)	19,585		2,498,168
DoorDash, Inc., Class A (A)	108,269		22,301,249
			301,594,993
Multiline retail – 0.7%
Dollar General Corp.	76,250		16,175,675
Specialty retail – 2.3%
Carvana Company (A)	106,517		32,119,136
Ross Stores, Inc.	171,565		18,674,850
The TJX Companies, Inc.	61,068		4,029,267
			54,823,253
Textiles, apparel and luxury goods – 1.6%
Lululemon Athletica, Inc. (A)	50,001		20,235,405
NIKE, Inc., Class B	132,621		19,260,548
			39,495,953
			452,638,575
Financials – 2.8%
Capital markets – 2.3%
MSCI, Inc.	4,800		2,920,032
S&P Global, Inc.	38,424		16,325,973
The Charles Schwab Corp.	149,954		10,922,649
The Goldman Sachs Group, Inc.	67,880		25,660,676
			55,829,330
Insurance – 0.5%
Chubb, Ltd.	41,999		7,285,987
Marsh & McLennan Companies, Inc.	32,031		4,850,454
			12,136,441
			67,965,771
Health care – 10.1%
Biotechnology – 0.0%
Exact Sciences Corp. (A)	1,343		128,189
Health care equipment and supplies – 4.4%
Align Technology, Inc. (A)	7,347		4,888,914
Danaher Corp.	96,830		29,478,925
Dentsply Sirona, Inc.	103,001		5,979,208
Intuitive Surgical, Inc. (A)	41,205		40,963,951
Stryker Corp.	71,025		18,730,713
Teleflex, Inc.	16,336		6,151,321
			106,193,032
Health care providers and services – 2.9%
HCA Healthcare, Inc.	83,995		20,387,266
Humana, Inc.	18,208		7,085,643

Blue Chip Growth Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Health care providers and services (continued)
UnitedHealth Group, Inc.	103,962	$	40,622,112
			68,095,021
Health care technology – 0.3%
Veeva Systems, Inc., Class A (A)	26,463		7,625,843
Life sciences tools and services – 0.6%
Thermo Fisher Scientific, Inc.	26,791		15,306,502
Pharmaceuticals – 1.9%
AstraZeneca PLC, ADR	97,503		5,856,030
Eli Lilly & Company	106,889		24,696,703
Zoetis, Inc.	70,782		13,741,617
			44,294,350
			241,642,937
Industrials – 1.9%
Commercial services and supplies – 0.4%
Cintas Corp.	8,142		3,099,334
Copart, Inc. (A)	46,356		6,430,504
			9,529,838
Industrial conglomerates – 0.8%
General Electric Company	74,870		7,713,856
Roper Technologies, Inc.	24,195		10,794,115
			18,507,971
Professional services – 0.7%
CoStar Group, Inc. (A)	124,941		10,752,422
Equifax, Inc.	13,810		3,499,730
TransUnion	31,400		3,526,534
			17,778,686
			45,816,495
Information technology – 38.6%
Electronic equipment, instruments and components – 0.2%
TE Connectivity, Ltd.	29,914		4,104,799
IT services – 12.6%
Affirm Holdings, Inc. (A)	111,049		13,229,267
Fidelity National Information Services, Inc.	43,343		5,273,976
Fiserv, Inc. (A)	179,577		19,484,105
Global Payments, Inc.	130,046		20,492,649
Mastercard, Inc., Class A	141,211		49,096,240
MongoDB, Inc. (A)	34,119		16,087,450
PayPal Holdings, Inc. (A)	209,757		54,580,869
Shopify, Inc., Class A (A)	12,918		17,513,966
Snowflake, Inc., Class A (A)	14,884		4,501,368
Square, Inc., Class A (A)	89,551		21,477,912
Toast, Inc., Class A (A)(C)	9,984		498,701
Twilio, Inc., Class A (A)	13,123		4,186,893
Visa, Inc., Class A	335,680		74,772,720
			301,196,116
Semiconductors and semiconductor equipment – 5.2%
Advanced Micro Devices, Inc. (A)	218,430		22,476,447
ASML Holding NV, NYRS	29,333		21,856,312
Marvell Technology, Inc.	165,586		9,986,492
Monolithic Power Systems, Inc.	15,844		7,679,270
NVIDIA Corp.	192,800		39,940,448
Taiwan Semiconductor Manufacturing Company, Ltd., ADR	72,200		8,061,130
Texas Instruments, Inc.	70,520		13,554,649
			123,554,748
Software – 15.7%
Atlassian Corp. PLC, Class A (A)	31,885		12,480,427
Bill.com Holdings, Inc. (A)	32,925		8,789,329
Coupa Software, Inc. (A)	23,198		5,084,538
Crowdstrike Holdings, Inc., Class A (A)	11,573		2,844,412

 

28

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Blue Chip Growth Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Software (continued)
Datadog, Inc., Class A (A)	38,936	$	5,503,604
DocuSign, Inc. (A)	51,239		13,190,456
Fortinet, Inc. (A)	49,400		14,426,776
Intuit, Inc.	94,065		50,749,008
Microsoft Corp.	538,255		151,744,850
Paycom Software, Inc. (A)	5,909		2,929,387
salesforce.com, Inc. (A)	25,893		7,022,699
ServiceNow, Inc. (A)	96,941		60,323,476
Synopsys, Inc. (A)	74,613		22,339,878
Zoom Video Communications, Inc., Class A (A)	70,702		18,488,573
			375,917,413
Technology hardware, storage and peripherals – 4.9%
Apple, Inc.	830,390		117,500,189
			922,273,265
Materials – 0.3%
Chemicals – 0.3%
Linde PLC	21,195		6,218,189
The Sherwin-Williams Company	6,186		1,730,410
			7,948,599
TOTAL COMMON STOCKS (Cost $1,298,706,170)		$	2,383,363,736
SHORT-TERM INVESTMENTS – 0.4%
Short-term funds – 0.4%
John Hancock Collateral Trust, 0.0303% (D)(E)	50,376		504,073
State Street Institutional U.S. Government Money Market Fund, Premier Class, 0.0250% (D)	500,011		500,011
T. Rowe Price Government Reserve Fund, 0.0295% (D)	9,540,076		9,540,076
TOTAL SHORT-TERM INVESTMENTS (Cost $10,544,170)		$	10,544,160
Total Investments (Blue Chip Growth Trust) (Cost $1,309,250,340) – 100.0%		$	2,393,907,896
Other assets and liabilities, net – (0.0%)			(1,078,288)
TOTAL NET ASSETS – 100.0%		$	2,392,829,608

Security Abbreviations and Legend
ADR	American Depositary Receipt
NYRS	New York Registry Shares
(A)	Non-income producing security.
(B)	These 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.
(C)	All or a portion of this security is on loan as of 9-30-21. The value of securities on loan amounted to $492,026.
(D)	The rate shown is the annualized seven-day yield as of 9-30-21.
(E)	Investment is an affiliate of the fund, the advisor and/or subadvisor. This security represents the investment of cash collateral received for securities lending.

Capital Appreciation Trust

	Shares or Principal Amount	Value
COMMON STOCKS – 99.5%
Communication services – 17.1%
Entertainment – 3.9%
Netflix, Inc. (A)	36,116	$	22,043,039
ROBLOX Corp., Class A (A)	51,729		3,908,126

Capital Appreciation Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Entertainment (continued)
Sea, Ltd., ADR (A)	12,408	$	3,954,802
			29,905,967
Interactive media and services – 13.2%
Alphabet, Inc., Class A (A)	8,764		23,430,729
Alphabet, Inc., Class C (A)	8,343		22,236,681
Facebook, Inc., Class A (A)	79,462		26,968,608
Match Group, Inc. (A)	65,571		10,293,991
Snap, Inc., Class A (A)	219,501		16,214,539
ZoomInfo Technologies, Inc., Class A (A)	24,171		1,479,023
			100,623,571
			130,529,538
Consumer discretionary – 26.1%
Automobiles – 5.5%
Tesla, Inc. (A)	54,388		42,176,806
Hotels, restaurants and leisure – 2.9%
Airbnb, Inc., Class A (A)	56,025		9,398,194
Chipotle Mexican Grill, Inc. (A)	5,539		10,067,243
Marriott International, Inc., Class A (A)	16,233		2,403,945
			21,869,382
Internet and direct marketing retail – 7.9%
Amazon.com, Inc. (A)	15,258		50,123,140
MercadoLibre, Inc. (A)	6,008		10,089,835
			60,212,975
Multiline retail – 1.4%
Target Corp.	46,440		10,624,079
Specialty retail – 2.8%
Carvana Company (A)	26,589		8,017,647
The Home Depot, Inc.	23,272		7,639,267
The TJX Companies, Inc.	92,217		6,084,478
			21,741,392
Textiles, apparel and luxury goods – 5.6%
Kering SA	12,889		9,154,548
Lululemon Athletica, Inc. (A)	23,704		9,593,009
LVMH Moet Hennessy Louis Vuitton SE	19,263		13,797,386
NIKE, Inc., Class B	73,734		10,708,389
			43,253,332
			199,877,966
Consumer staples – 3.0%
Food and staples retailing – 1.3%
Costco Wholesale Corp.	21,594		9,703,264
Personal products – 1.7%
The Estee Lauder Companies, Inc., Class A	44,334		13,297,097
			23,000,361
Financials – 1.6%
Capital markets – 1.6%
S&P Global, Inc.	14,396		6,116,716
The Goldman Sachs Group, Inc.	15,255		5,766,848
			11,883,564
Health care – 5.3%
Biotechnology – 0.4%
BioNTech SE, ADR (A)	10,950		2,989,241
Health care equipment and supplies – 2.5%
Danaher Corp.	29,701		9,042,172
DexCom, Inc. (A)	11,186		6,117,176

 

29

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Capital Appreciation Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Health care equipment and supplies (continued)
Intuitive Surgical, Inc. (A)	4,188	$	4,163,500
			19,322,848
Health care providers and services – 0.7%
UnitedHealth Group, Inc.	13,928		5,442,227
Pharmaceuticals – 1.7%
Eli Lilly & Company	55,711		12,872,027
			40,626,343
Industrials – 1.4%
Road and rail – 1.4%
Uber Technologies, Inc. (A)	245,772		11,010,586
Information technology – 45.0%
IT services – 18.1%
Adyen NV (A)(B)	5,576		15,586,936
Mastercard, Inc., Class A	36,324		12,629,128
Okta, Inc. (A)	18,341		4,353,053
PayPal Holdings, Inc. (A)	56,809		14,782,270
Shopify, Inc., Class A (A)	23,910		32,416,700
Snowflake, Inc., Class A (A)	17,804		5,384,464
Square, Inc., Class A (A)	79,375		19,037,300
Twilio, Inc., Class A (A)	39,803		12,699,147
Visa, Inc., Class A	95,174		21,200,009
			138,089,007
Semiconductors and semiconductor equipment – 5.9%
NVIDIA Corp.	164,681		34,115,316
Taiwan Semiconductor Manufacturing Company, Ltd., ADR	97,335		10,867,453
			44,982,769
Software – 16.4%
Adobe, Inc. (A)	45,749		26,338,614
Atlassian Corp. PLC, Class A (A)	29,307		11,471,346
Crowdstrike Holdings, Inc., Class A (A)	49,335		12,125,556
DocuSign, Inc. (A)	31,711		8,163,363
HubSpot, Inc. (A)	6,046		4,087,640
Microsoft Corp.	123,420		34,794,566
salesforce.com, Inc. (A)	61,531		16,688,438
The Trade Desk, Inc., Class A (A)	93,718		6,588,375
Workday, Inc., Class A (A)	20,004		4,998,800
			125,256,698
Technology hardware, storage and peripherals – 4.6%
Apple, Inc.	249,308		35,277,082
			343,605,556
TOTAL COMMON STOCKS (Cost $495,589,897)		$	760,533,914
SHORT-TERM INVESTMENTS – 0.4%
Short-term funds – 0.4%
State Street Institutional U.S. Government Money Market Fund, Premier Class, 0.0250% (C)	2,795,704		2,795,704
TOTAL SHORT-TERM INVESTMENTS (Cost $2,795,704)		$	2,795,704
Total Investments (Capital Appreciation Trust) (Cost $498,385,601) – 99.9%		$	763,329,618
Other assets and liabilities, net – 0.1%			954,569
TOTAL NET ASSETS – 100.0%		$	764,284,187

Security Abbreviations and Legend
ADR	American Depositary Receipt
(A)	Non-income producing security.
(B)	These 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.

Capital Appreciation Trust (continued)

(C) The rate shown is the annualized seven-day yield as of 9-30-21.

Capital Appreciation Value Trust

	Shares or Principal Amount	Value
COMMON STOCKS – 71.0%
Communication services – 6.1%
Interactive media and services – 6.1%
Alphabet, Inc., Class A (A)(B)	3,601	$	9,627,346
Alphabet, Inc., Class C (A)(B)	5,571		14,848,442
Facebook, Inc., Class A (B)	12,691		4,307,198
			28,782,986
Consumer discretionary – 10.6%
Hotels, restaurants and leisure – 5.1%
Hilton Worldwide Holdings, Inc. (A)(B)	28,307		3,739,638
Marriott International, Inc., Class A (A)(B)	24,478		3,624,947
McDonald's Corp. (A)	7,116		1,715,739
Yum! Brands, Inc.	122,689		15,006,092
			24,086,416
Internet and direct marketing retail – 5.5%
Amazon.com, Inc. (A)(B)	7,944		26,096,358
Specialty retail – 0.0%
Ross Stores, Inc. (A)	1,800		195,930
			50,378,704
Consumer staples – 2.0%
Beverages – 1.9%
Keurig Dr. Pepper, Inc.	183,397		6,264,842
PepsiCo, Inc.	8,000		1,203,280
The Coca-Cola Company (A)	27,100		1,421,937
			8,890,059
Food products – 0.1%
Mondelez International, Inc., Class A	7,800		453,804
			9,343,863
Financials – 10.4%
Banks – 6.3%
Bank of America Corp. (A)	253,837		10,775,381
The PNC Financial Services Group, Inc.	98,701		19,309,864
			30,085,245
Capital markets – 1.4%
CME Group, Inc.	3,800		734,844
Intercontinental Exchange, Inc.	50,766		5,828,952
			6,563,796
Insurance – 2.7%
Marsh & McLennan Companies, Inc. (A)	84,641		12,817,187
			49,466,228
Health care – 13.6%
Health care equipment and supplies – 3.7%
Becton, Dickinson and Company	18,802		4,621,908
Danaher Corp. (A)	35,263		10,735,468
Hologic, Inc. (B)	25,392		1,874,184
Medtronic PLC (A)	3,800		476,330
			17,707,890
Health care providers and services – 5.4%
Humana, Inc.	29,619		11,526,234
UnitedHealth Group, Inc.	36,069		14,093,601
			25,619,835
Life sciences tools and services – 4.5%
PerkinElmer, Inc.	37,066		6,423,167
Thermo Fisher Scientific, Inc.	25,744		14,708,320
			21,131,487
			64,459,212

 

30

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Capital Appreciation Value Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Industrials – 7.2%
Aerospace and defense – 0.4%
Lockheed Martin Corp.	2,700	$	931,770
Northrop Grumman Corp. (A)	3,000		1,080,450
			2,012,220
Commercial services and supplies – 1.1%
Waste Connections, Inc.	36,611		4,610,423
Waste Management, Inc. (A)	3,900		582,504
			5,192,927
Industrial conglomerates – 5.0%
General Electric Company	208,630		21,495,149
Roper Technologies, Inc.	4,390		1,958,511
			23,453,660
Machinery – 0.7%
Ingersoll Rand, Inc. (B)	63,483		3,200,178
			33,858,985
Information technology – 14.0%
Communications equipment – 0.4%
Cisco Systems, Inc.	29,700		1,616,571
Electronic equipment, instruments and components – 1.0%
TE Connectivity, Ltd.	27,141		3,724,288
Teledyne Technologies, Inc. (B)	2,293		985,027
			4,709,315
IT services – 3.7%
Fiserv, Inc. (A)(B)	30,995		3,362,958
FleetCor Technologies, Inc. (B)	17,282		4,515,268
Global Payments, Inc. (A)	9,706		1,529,471
Visa, Inc., Class A (A)	37,100		8,264,025
			17,671,722
Semiconductors and semiconductor equipment – 0.2%
NXP Semiconductors NV	4,500		881,415
Software – 8.7%
Microsoft Corp. (A)	119,296		33,631,914
salesforce.com, Inc. (B)	28,470		7,721,633
			41,353,547
			66,232,570
Real estate – 0.1%
Equity real estate investment trusts – 0.1%
American Tower Corp.	2,568		681,573
Utilities – 7.0%
Electric utilities – 2.2%
American Electric Power Company, Inc.	46,325		3,760,664
Duke Energy Corp.	132		12,882
Exelon Corp.	133,838		6,469,729
			10,243,275
Multi-utilities – 4.8%
Ameren Corp.	94,550		7,658,550
CMS Energy Corp.	69,327		4,140,902
NiSource, Inc.	148,556		3,599,512
Public Service Enterprise Group, Inc.	120,176		7,318,718
			22,717,682
			32,960,957
TOTAL COMMON STOCKS (Cost $261,620,873)		$	336,165,078
PREFERRED SECURITIES – 1.0%
Financials – 0.0%
Capital markets – 0.0%
The Charles Schwab Corp., 5.950%	1,000		25,410
Utilities – 1.0%

Capital Appreciation Value Trust (continued)

		Shares or Principal Amount	Value
PREFERRED SECURITIES (continued)
Electric utilities – 0.3%
Alabama Power Company, 5.000%		1,995	$	52,089
American Electric Power Company, Inc., 6.125%		12,402		591,203
Duke Energy Corp., 5.625%		1,450		38,831
SCE Trust IV (5.375% to 9-15-25, then 3 month LIBOR + 3.132%)		25,592		634,682
				1,316,805
Multi-utilities – 0.7%
CMS Energy Corp., 5.875%		34,983		938,244
CMS Energy Corp., 5.875%		43,630		1,178,446
DTE Energy Company, 5.250%		6,023		155,574
NiSource, Inc., 7.750%		7,708		797,393
NiSource, Inc. (6.500% to 3-15-24, then 5 Year CMT + 3.632%)		17,490		479,926
				3,549,583
				4,866,388
TOTAL PREFERRED SECURITIES (Cost $4,692,382)			$	4,891,798
CORPORATE BONDS - 7.2%
Communication services - 2.8%
Altice France Holding SA 10.500%, 05/15/2027 (C)	$	450,000		492,120
CCO Holdings LLC
4.000%, 03/01/2023 (C)		416,000		417,947
5.000%, 02/01/2028 (C)		2,095,000		2,186,971
5.125%, 05/01/2027 (C)		1,491,000		1,552,593
Netflix, Inc.
4.375%, 11/15/2026		1,260,000		1,408,050
4.875%, 04/15/2028		1,790,000		2,062,975
4.875%, 06/15/2030 (C)		40,000		47,100
5.500%, 02/15/2022		45,000		45,729
5.875%, 02/15/2025 to 11/15/2028		2,810,000		3,408,678
6.375%, 05/15/2029		1,165,000		1,473,725
Photo Holdings Merger Sub, Inc. 8.500%, 10/01/2026 (C)		286,000		309,238
Sirius XM Radio, Inc. 5.000%, 08/01/2027 (C)		155,000		161,975
				13,567,101
Consumer discretionary - 2.0%
Cedar Fair LP
5.250%, 07/15/2029		384,000		393,600
5.375%, 06/01/2024 to 04/15/2027		1,491,000		1,516,962
5.500%, 05/01/2025 (C)		185,000		192,169
6.500%, 10/01/2028		345,000		370,137
Clarios Global LP
6.250%, 05/15/2026 (C)		207,000		217,485
6.750%, 05/15/2025 (C)		97,000		102,335
8.500%, 05/15/2027 (C)		100,000		106,375
Hilton Domestic Operating Company, Inc. 5.375%, 05/01/2025 (C)		30,000		31,350
KFC Holding Company/Pizza Hut Holdings LLC/Taco Bell of America LLC 4.750%, 06/01/2027 (C)		1,657,000		1,729,925
Life Time, Inc. 5.750%, 01/15/2026 (C)		365,000		377,775
Marriott International, Inc. 3.125%, 06/15/2026		120,000		128,356
Six Flags Entertainment Corp.
4.875%, 07/31/2024 (C)		1,230,000		1,241,531
5.500%, 04/15/2027 (C)		681,000		703,133

 

31

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Capital Appreciation Value Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Consumer discretionary (continued)
Six Flags Theme Parks, Inc. 7.000%, 07/01/2025 (C)	$	494,000	$	526,110
Yum! Brands, Inc.
3.875%, 11/01/2023		440,000		460,350
4.750%, 01/15/2030 (C)		2,000		2,168
5.350%, 11/01/2043		579,000		636,900
6.875%, 11/15/2037		367,000		471,779
7.750%, 04/01/2025 (C)		90,000		96,230
				9,304,670
Financials - 0.8%
Acrisure LLC 7.000%, 11/15/2025 (C)		775,000		789,177
Alliant Holdings Intermediate LLC 6.750%, 10/15/2027 (C)		125,000		129,375
AmWINS Group, Inc. 4.875%, 06/30/2029 (C)		85,000		86,194
HUB International, Ltd. 7.000%, 05/01/2026 (C)		1,530,000		1,581,638
State Street Corp. (3 month LIBOR + 3.597%) 3.713%, 12/15/2021 (D)(E)		145,000		145,696
The Bank of New York Mellon Corp. (3 month LIBOR + 3.420%) 3.542%, 12/20/2021 (D)(E)		450,000		452,286
USI, Inc. 6.875%, 05/01/2025 (C)		679,000		691,032
				3,875,398
Health care - 0.3%
Avantor Funding, Inc. 4.625%, 07/15/2028 (C)		180,000		189,450
Hadrian Merger Sub, Inc. 8.500%, 05/01/2026 (C)		352,000		364,760
Surgery Center Holdings, Inc. 10.000%, 04/15/2027 (C)		235,000		253,800
Teleflex, Inc. 4.625%, 11/15/2027		285,000		297,113
Tenet Healthcare Corp. 4.625%, 09/01/2024 (C)		150,000		153,375
				1,258,498
Industrials - 1.0%
Delta Air Lines, Inc.
4.500%, 10/20/2025 (C)		700,000		749,000
4.750%, 10/20/2028 (C)		390,000		434,850
General Electric Company (3 month LIBOR + 3.330%) 3.446%, 12/15/2021 (D)(E)		1,742,000		1,704,983
Korn Ferry 4.625%, 12/15/2027 (C)		90,000		93,375
Lennox International, Inc. 3.000%, 11/15/2023		90,000		94,052
Mileage Plus Holdings LLC 6.500%, 06/20/2027 (C)		280,000		304,478
Sensata Technologies BV
4.875%, 10/15/2023 (C)		110,000		117,013
5.000%, 10/01/2025 (C)		325,000		357,906
5.625%, 11/01/2024 (C)		90,000		99,611
United Airlines 2012-1 Class A Pass Through Trust 4.150%, 04/11/2024		151,563		159,113
US Airways 2010-1 Class A Pass Through Trust 6.250%, 04/22/2023		90,374		92,484

Capital Appreciation Value Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Industrials (continued)
US Airways 2012-2 Class A Pass Through Trust 4.625%, 06/03/2025	$	12,418	$	12,408
US Airways 2013-1 Class A Pass Through Trust 3.950%, 11/15/2025		136,333		138,560
US Airways 2013-1 Class B Pass Through Trust 5.375%, 11/15/2021		48,595		48,566
Welbilt, Inc. 9.500%, 02/15/2024		362,000		372,064
Xylem, Inc. 4.875%, 10/01/2021		60,000		60,000
				4,838,463
Information technology - 0.1%
Clarivate Science Holdings Corp.
3.875%, 07/01/2028 (C)		240,000		240,000
4.875%, 07/01/2029 (C)		80,000		80,156
				320,156
Real estate - 0.1%
SBA Communications Corp.
3.875%, 02/15/2027		195,000		202,069
4.875%, 09/01/2024		335,000		340,603
				542,672
Utilities - 0.1%
NiSource, Inc. (5.650% to 6-15-23, then 5 Year CMT + 2.843%) 06/15/2023 (D)		575,000		606,625
TOTAL CORPORATE BONDS (Cost $31,864,041)			$	34,313,583
TERM LOANS (F) – 8.6%
Communication services – 0.2%
Delta 2 Lux Sarl, 2018 USD Term Loan (1 month LIBOR + 2.500%) 3.500%, 02/01/2024		895,000		891,644
Eagle Broadband Investments LLC, Term Loan (3 month LIBOR + 3.000%) 3.750%, 11/12/2027		129,025		129,025
				1,020,669
Consumer discretionary – 0.5%
Four Seasons Hotels, Ltd., New 1st Lien Term Loan (1 month LIBOR + 2.000%) 2.087%, 11/30/2023		516,860		514,922
IRB Holding Corp., 2020 4th Amendment Incremental Term Loan (3 month LIBOR + 3.250%) 4.250%, 12/15/2027		531,361		532,025
IRB Holding Corp., 2020 Term Loan B (3 and 6 month LIBOR + 2.750%) 3.750%, 02/05/2025		323,967		323,394
Life Time, Inc., 2021 Term Loan B (3 month LIBOR + 4.750%) 5.750%, 12/16/2024		467,832		471,051
SeaWorld Parks & Entertainment, Inc., 2021 Term Loan B (1 month LIBOR + 3.000%) 3.500%, 08/25/2028		483,017		480,906
Woof Holdings, Inc., 1st Lien Term Loan (3 month LIBOR + 3.750%) 4.500%, 12/21/2027		199,000		199,125
				2,521,423

 

32

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Capital Appreciation Value Trust (continued)

		Shares or Principal Amount	Value
TERM LOANS (F)(continued)
Consumer staples – 0.3%
Sunshine Luxembourg VII Sarl, 2021 Term Loan B3 (3 month LIBOR + 3.750%) 4.500%, 10/01/2026	$	1,289,958	$	1,293,183
Financials – 3.3%
Acrisure LLC, 2021 Incremental Term Loan B (3 month LIBOR + 3.750%) 3.882%, 02/15/2027		250,000		248,855
Alliant Holdings Intermediate LLC, 2018 Term Loan B (1 month LIBOR + 3.250%) 3.334%, 05/09/2025		855,278		848,864
Alliant Holdings Intermediate LLC, 2020 Term Loan B3 (1 month LIBOR + 3.750%) 4.250%, 11/05/2027		713,527		713,727
Alliant Holdings Intermediate LLC, Term Loan B (1 month LIBOR + 3.250%) 3.334%, 05/09/2025		407,001		403,672
Howden Group Holdings, Ltd., 2021 Term Loan B TBD 11/12/2027 (G)		530,000		529,009
HUB International, Ltd., 2018 Term Loan B (3 month LIBOR + 2.750%) 2.875%, 04/25/2025		7,048,899		6,977,705
HUB International, Ltd., 2021 Term Loan B (3 month LIBOR + 3.250%) 4.000%, 04/25/2025		2,617,138		2,617,138
Hyperion Refinance Sarl, 2020 Incremental Term Loan B (1 month LIBOR + 3.750%) 4.750%, 11/12/2027		470,984		470,396
Ryan Specialty Group LLC, Term Loan (1 month LIBOR + 3.000%) 3.750%, 09/01/2027		267,449		267,182
USI, Inc., 2017 Repriced Term Loan (3 month LIBOR + 3.000%) 3.132%, 05/16/2024		1,791,497		1,778,383
USI, Inc., 2019 Incremental Term Loan B (3 month LIBOR + 3.250%) 3.382%, 12/02/2026		823,891		817,967
				15,672,898
Health care – 1.6%
ADMI Corp., 2021 Incremental Term Loan B3 (1 month LIBOR + 3.500%) 4.000%, 12/23/2027		1,040,000		1,038,700
ADMI Corp., 2021 Term Loan B2 (1 month LIBOR + 3.125%) 3.625%, 12/23/2027		587,050		581,913
Avantor Funding, Inc. 2021 Term Loan B4 (1 month LIBOR + 2.000%) 2.500%, 11/21/2024		84,788		84,639
CPI Holdco LLC, 2021 Term Loan (1 month LIBOR + 3.750%) 3.834%, 11/04/2026		202,707		202,581
Dino Grandparent, Inc., 2019 Term Loan A3 (1 month LIBOR + 2.250%) 2.334%, 02/20/2023		850,000		841,500
Heartland Dental LLC, 2018 1st Lien Term Loan (1 month LIBOR + 3.500%) 3.585%, 04/30/2025		1,616,995		1,602,264

Capital Appreciation Value Trust (continued)

		Shares or Principal Amount	Value
TERM LOANS (F)(continued)
Health care (continued)
Heartland Dental LLC, 2021 Incremental Term Loan (1 month LIBOR + 4.000%) 4.085%, 04/30/2025	$	149,625	$	149,176
Loire Finco Luxembourg Sarl, Term Loan (1 month LIBOR + 3.250%) 3.334%, 04/21/2027		1,150,510		1,126,062
Medline Industries, Inc., USD Term Loan B TBD 09/20/2028 (G)		1,075,000		1,069,625
Pacific Dental Services, Inc., 2021 Term Loan (1 month LIBOR + 3.500%) 4.250%, 05/05/2028		144,638		144,938
PetVet Care Centers LLC, 2018 1st Lien Term Loan (1 month LIBOR + 2.750%) 2.834%, 02/14/2025		83,913		83,022
PetVet Care Centers LLC, 2018 Incremental Term Loan (1 month LIBOR + 3.250%) 3.334%, 02/14/2025		198,595		197,602
PetVet Care Centers LLC, 2021 Term Loan B3 (1 month LIBOR + 3.500%) 4.250%, 02/14/2025		441,224		441,087
				7,563,109
Industrials – 1.3%
Camelot US Acquisition LLC, 2020 Incremental Term Loan B (1 month LIBOR + 3.000%) 4.000%, 10/30/2026		947,838		949,913
CoreLogic, Inc., Term Loan (1 month LIBOR + 3.500%) 4.000%, 06/02/2028		830,000		828,963
Filtration Group Corp., 2018 1st Lien Term Loan (1 month LIBOR + 3.000%) 3.084%, 03/29/2025		277,564		276,004
Filtration Group Corp., 2018 EUR Term Loan (3 month EURIBOR + 3.500%) 3.500%, 03/29/2025	EUR	516,623		596,934
Filtration Group Corp., 2020 Incremental Term Loan (1 month LIBOR + 3.750%) 4.500%, 03/29/2025	$	89,100		89,234
Mileage Plus Holdings LLC, 2020 Term Loan B (3 month LIBOR + 5.250%) 6.250%, 06/21/2027		1,765,000		1,874,218
SkyMiles IP, Ltd., 2020 SkyMiles Term Loan B (3 month LIBOR + 3.750%) 4.750%, 10/20/2027		865,000		919,443
TK Elevator U.S. Newco, Inc., Term Loan B (3 month LIBOR + 3.500%) 4.000%, 07/29/2027		267,310		267,682
Welbilt, Inc., 2018 Term Loan B (1 month LIBOR + 2.500%) 2.584%, 10/23/2025		200,000		199,334
				6,001,725
Information technology – 1.4%
Applied Systems, Inc., 2017 1st Lien Term Loan (Prime rate + 2.250% and 3 month LIBOR + 3.250%) 3.774%, 09/19/2024		932,581		932,236

 

33

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Capital Appreciation Value Trust (continued)

		Shares or Principal Amount	Value
TERM LOANS (F)(continued)
Information technology (continued)
Applied Systems, Inc., 2021 2nd Lien Term Loan (3 month LIBOR + 5.500%) 6.250%, 09/19/2025	$	164,028	$	165,990
Ascend Learning LLC, 2017 Term Loan B (1 month LIBOR + 3.000%) 4.000%, 07/12/2024		104,342		104,249
Azalea TopCo, Inc., 2021 Term Loan B (3 month LIBOR + 3.750%) 4.500%, 07/24/2026		24,938		24,969
Azalea TopCo, Inc., Term Loan (3 month LIBOR + 3.500%) 3.628%, 07/24/2026		910,836		904,579
Celestial Saturn Parent, Inc., 2nd Lien Term Loan (1 month LIBOR + 6.500%) 7.000%, 06/04/2029		80,000		81,600
Project Boost Purchaser LLC, 2021 Incremental Term Loan (1 month LIBOR + 3.500%) 4.000%, 05/30/2026		174,563		174,468
RealPage, Inc., 1st Lien Term Loan (1 month LIBOR + 3.250%) 3.750%, 04/24/2028		1,290,000		1,285,562
RealPage, Inc., 2nd Lien Term Loan (1 month LIBOR + 6.500%) 7.250%, 04/22/2029		75,000		76,500
UKG, Inc., 2021 Incremental Term Loan (3 month LIBOR + 3.250%) 4.000%, 05/04/2026		2,579,787		2,583,219
UKG, Inc., Term Loan B (1 month LIBOR + 3.750%) 3.834%, 05/04/2026		161,700		161,930
				6,495,302
Materials – 0.0%
HB Fuller Company, 2017 Term Loan B (1 month LIBOR + 2.000%) 2.087%, 10/20/2024		126,333		126,381
TOTAL TERM LOANS (Cost $40,543,297)			$	40,694,690
ASSET BACKED SECURITIES - 0.3%
Domino's Pizza Master Issuer LLC Series 2017-1A, Class A23 4.118%, 07/25/2047 (C)		501,800		538,630
Domino's Pizza Master Issuer LLC Series 2018-1A, Class A2I 4.116%, 07/25/2048 (C)		476,525		493,380
Domino's Pizza Master Issuer LLC Series 2019-1A, Class A2 3.668%, 10/25/2049 (C)		211,775		227,558
TOTAL ASSET BACKED SECURITIES (Cost $1,185,417)			$	1,259,568

Capital Appreciation Value Trust (continued)

		Shares or Principal Amount	Value
SHORT-TERM INVESTMENTS – 14.1%
Short-term funds – 13.5%
T. Rowe Price Government Reserve Fund, 0.0295% (H)		64,111,549	$	64,111,549
Repurchase agreement – 0.6%
Repurchase Agreement with State Street Corp. dated 9-30-21 at 0.000% to be repurchased at $2,683,000 on 10-1-21, collateralized by $2,739,200 U.S. Treasury Notes, 0.250% due 9-30-23 (valued at $2,736,740)	$	2,683,000		2,683,000
TOTAL SHORT-TERM INVESTMENTS (Cost $66,794,549)			$	66,794,549
Total Investments (Capital Appreciation Value Trust) (Cost $406,700,559) – 102.2%			$	484,119,266
Other assets and liabilities, net – (2.2%)				(10,314,395)
TOTAL NET ASSETS – 100.0%			$	473,804,871

Currency Abbreviations
EUR	Euro

Security Abbreviations and Legend
CMT	Constant Maturity Treasury
EURIBOR	Euro Interbank Offered Rate
LIBOR	London Interbank Offered Rate
(A)	All or a portion of this security is segregated at the custodian as collateral for certain derivatives.
(B)	Non-income producing security.
(C)	These 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.
(D)	Perpetual bonds have no stated maturity date. Date shown as maturity date is next call date.
(E)	Variable rate obligation. The coupon rate shown represents the rate at period end.
(F)	Term loans are variable rate obligations. The coupon rate shown represents the rate at period end.
(G)	This position represents an unsettled loan commitment at period end. Certain details associated with this purchase are not known prior to the settlement date, including coupon rate, which is disclosed as TBD (To Be Determined).
(H)	The rate shown is the annualized seven-day yield as of 9-30-21.

 

DERIVATIVES

WRITTEN OPTIONS

Options on securities
Counterparty (OTC)/ Exchange- traded	Name of issuer	Currency	Exercise price	Expiration date	Number of contracts	Notional amount	Premium	Value
Calls
GSI	Alphabet, Inc., Class A	USD	1,960.00	Sep 2022	1	100	$18,442	$(79,286)
GSI	Alphabet, Inc., Class A	USD	1,960.00	Sep 2022	1	100	24,090	(79,286)
GSI	Alphabet, Inc., Class A	USD	1,980.00	Sep 2022	1	100	17,800	(77,615)

34

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Capital Appreciation Value Trust (continued)

Options on securities (continued)
Counterparty (OTC)/ Exchange- traded	Name of issuer	Currency	Exercise price	Expiration date	Number of contracts	Notional amount	Premium	Value
Calls (continued)
GSI	Alphabet, Inc., Class A	USD	2,000.00	Sep 2022	1	100	$17,130	$(75,957)
GSI	Alphabet, Inc., Class A	USD	2,100.00	Sep 2022	1	100	14,073	(67,888)
SFG	Alphabet, Inc., Class A	USD	2,450.00	Sep 2022	1	100	26,747	(43,075)
GSI	Alphabet, Inc., Class A	USD	3,200.00	Jan 2023	1	100	18,097	(16,733)
GSI	Alphabet, Inc., Class A	USD	3,300.00	Jan 2023	1	100	15,497	(14,355)
GSI	Alphabet, Inc., Class A	USD	3,400.00	Jan 2023	1	100	13,047	(12,307)
GSI	Alphabet, Inc., Class A	USD	3,500.00	Jan 2023	1	100	11,097	(10,552)
GSI	Alphabet, Inc., Class C	USD	1,760.00	Jan 2022	5	500	50,362	(459,292)
GSI	Alphabet, Inc., Class C	USD	1,780.00	Jan 2022	5	500	47,406	(449,562)
GSI	Alphabet, Inc., Class C	USD	1,800.00	Jan 2022	4	400	35,760	(351,877)
GSI	Alphabet, Inc., Class C	USD	1,980.00	Jun 2022	1	100	21,210	(74,692)
GSI	Alphabet, Inc., Class C	USD	2,000.00	Jun 2022	1	100	20,353	(72,958)
GSI	Alphabet, Inc., Class C	USD	2,100.00	Jun 2022	1	100	16,634	(64,489)
SFG	Alphabet, Inc., Class C	USD	2,550.00	Jun 2022	1	100	22,096	(32,120)
CSFB	Amazon.com, Inc.	USD	3,800.00	Jan 2022	1	100	33,115	(3,393)
CSFB	Amazon.com, Inc.	USD	3,800.00	Jan 2022	1	100	34,542	(3,393)
CSFB	Amazon.com, Inc.	USD	3,900.00	Jan 2022	1	100	30,277	(2,357)
CSFB	Amazon.com, Inc.	USD	3,900.00	Jan 2022	1	100	38,338	(2,357)
RBC	Amazon.com, Inc.	USD	3,900.00	Jan 2022	1	100	23,997	(2,357)
CITI	Amazon.com, Inc.	USD	4,000.00	Jan 2022	1	100	27,327	(1,661)
CSFB	Amazon.com, Inc.	USD	4,000.00	Jan 2022	1	100	27,686	(1,661)
CSFB	Amazon.com, Inc.	USD	4,000.00	Jan 2022	1	100	35,706	(1,661)
RBC	Amazon.com, Inc.	USD	4,000.00	Jan 2022	1	100	21,797	(1,661)
CITI	Amazon.com, Inc.	USD	4,100.00	Jan 2022	1	100	25,167	(1,198)
RBC	Amazon.com, Inc.	USD	4,100.00	Jan 2022	1	100	19,697	(1,198)
CITI	Amazon.com, Inc.	USD	4,200.00	Jan 2022	1	100	23,127	(886)
RBC	Amazon.com, Inc.	USD	4,200.00	Jan 2022	1	100	17,827	(886)
CITI	Amazon.com, Inc.	USD	4,300.00	Jan 2022	2	200	42,614	(1,320)
CITI	Ameren Corp.	USD	90.00	Dec 2021	21	2,100	3,760	(477)
CITI	Ameren Corp.	USD	95.00	Dec 2021	21	2,100	1,642	(70)
JPM	American Electric Power Company, Inc.	USD	90.00	Jan 2022	63	6,300	22,934	(3,567)
JPM	American Electric Power Company, Inc.	USD	90.00	Jan 2022	11	1,100	3,946	(623)
JPM	American Electric Power Company, Inc.	USD	90.00	Jan 2022	7	700	2,418	(396)
JPM	American Electric Power Company, Inc.	USD	95.00	Jan 2022	63	6,300	13,893	(1,082)
JPM	American Electric Power Company, Inc.	USD	95.00	Jan 2022	22	2,200	4,975	(378)
JPM	American Electric Power Company, Inc.	USD	95.00	Jan 2022	14	1,400	2,930	(240)
JPM	American Electric Power Company, Inc.	USD	97.50	Jan 2022	30	3,000	2,930	(284)
JPM	American Electric Power Company, Inc.	USD	100.00	Jan 2022	30	3,000	1,813	(161)
CITI	American Tower Corp.	USD	210.00	Jan 2022	6	600	14,982	(34,254)
CITI	American Tower Corp.	USD	220.00	Jan 2022	6	600	11,982	(28,683)
CITI	American Tower Corp.	USD	230.00	Jan 2022	7	700	11,039	(27,227)
CITI	American Tower Corp.	USD	230.00	Jan 2022	2	200	4,641	(7,779)
CITI	American Tower Corp.	USD	240.00	Jan 2022	2	200	3,811	(6,111)
CITI	American Tower Corp.	USD	250.00	Jan 2022	2	200	3,041	(4,600)
CSFB	Bank of America Corp.	USD	30.00	Jan 2022	250	25,000	52,500	(319,087)
SFG	Bank of America Corp.	USD	30.00	Jan 2022	413	41,300	106,141	(527,132)
CSFB	Bank of America Corp.	USD	32.00	Jan 2022	129	12,900	31,631	(140,133)
CSFB	Bank of America Corp.	USD	35.00	Jan 2022	259	25,900	40,559	(210,371)
RBC	Bank of America Corp.	USD	37.00	Jan 2022	190	19,000	52,947	(121,875)
CSFB	Bank of America Corp.	USD	40.00	Jan 2022	39	3,900	13,323	(16,160)
CSFB	Bank of America Corp.	USD	45.00	Jan 2022	38	3,800	7,138	(5,694)
CSFB	Bank of America Corp.	USD	45.00	Jan 2023	423	42,300	136,206	(173,485)
JPM	Cisco Systems, Inc.	USD	45.00	Jan 2022	48	4,800	22,416	(46,929)
JPM	Cisco Systems, Inc.	USD	45.00	Jan 2022	25	2,500	11,425	(24,442)
JPM	Cisco Systems, Inc.	USD	45.00	Jan 2022	26	2,600	11,102	(25,420)
JPM	Cisco Systems, Inc.	USD	47.50	Jan 2022	48	4,800	17,136	(36,362)
JPM	Cisco Systems, Inc.	USD	47.50	Jan 2022	25	2,500	8,675	(18,938)
JPM	Cisco Systems, Inc.	USD	47.50	Jan 2022	26	2,600	8,502	(19,696)
JPM	Cisco Systems, Inc.	USD	50.00	Jan 2022	48	4,800	12,816	(26,653)
JPM	Cisco Systems, Inc.	USD	50.00	Jan 2022	25	2,500	6,550	(13,882)
JPM	Cisco Systems, Inc.	USD	50.00	Jan 2022	26	2,600	6,292	(14,437)
JPM	CME Group, Inc.	USD	220.00	Jan 2022	19	1,900	20,869	(2,864)
JPM	CME Group, Inc.	USD	230.00	Jan 2022	19	1,900	16,115	(1,305)
CSFB	Danaher Corp.	USD	250.00	Jan 2022	40	4,000	76,280	(234,358)

35

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Capital Appreciation Value Trust (continued)

Options on securities (continued)
Counterparty (OTC)/ Exchange- traded	Name of issuer	Currency	Exercise price	Expiration date	Number of contracts	Notional amount	Premium	Value
Calls (continued)
CSFB	Danaher Corp.	USD	270.00	Jan 2022	4	400	$6,485	$(16,507)
CSFB	Danaher Corp.	USD	280.00	Jan 2022	4	400	5,280	(13,354)
CSFB	Danaher Corp.	USD	280.00	Jan 2022	6	600	7,557	(20,032)
CSFB	Danaher Corp.	USD	290.00	Jan 2022	6	600	5,707	(15,738)
JPM	Danaher Corp.	USD	300.00	Jan 2022	22	2,200	21,785	(43,873)
JPM	Danaher Corp.	USD	300.00	Jan 2022	22	2,200	25,115	(43,873)
CITI	Exelon Corp.	USD	40.00	Jan 2022	16	1,600	7,712	(13,772)
CITI	Exelon Corp.	USD	40.00	Jan 2022	5	500	2,092	(4,304)
CITI	Exelon Corp.	USD	43.00	Jan 2022	16	1,600	5,312	(9,527)
CITI	Exelon Corp.	USD	43.00	Jan 2022	5	500	1,420	(2,977)
CITI	Exelon Corp.	USD	45.00	Jan 2022	16	1,600	3,984	(6,988)
CITI	Exelon Corp.	USD	45.00	Jan 2022	5	500	1,040	(2,184)
CITI	Exelon Corp.	USD	47.00	Jan 2022	95	9,500	16,161	(28,434)
CITI	Exelon Corp.	USD	47.00	Jan 2022	30	3,000	4,823	(8,979)
CITI	Exelon Corp.	USD	50.00	Jan 2022	30	3,000	2,341	(4,288)
JPM	Facebook, Inc., Class A	USD	340.00	Jan 2022	12	1,200	30,925	(27,440)
JPM	Facebook, Inc., Class A	USD	345.00	Jan 2022	12	1,200	28,983	(24,364)
JPM	Facebook, Inc., Class A	USD	380.00	Jan 2022	4	400	7,756	(3,066)
JPM	Facebook, Inc., Class A	USD	400.00	Jan 2022	50	5,000	107,635	(20,666)
JPM	Facebook, Inc., Class A	USD	400.00	Jan 2022	35	3,500	43,552	(14,466)
JPM	Facebook, Inc., Class A	USD	345.00	Sep 2022	6	600	23,363	(24,480)
JPM	Facebook, Inc., Class A	USD	360.00	Sep 2022	6	600	20,104	(20,384)
GSI	Fiserv, Inc.	USD	130.00	Jan 2022	13	1,300	6,634	(1,187)
GSI	Fiserv, Inc.	USD	135.00	Jan 2022	13	1,300	4,869	(776)
JPM	FleetCor Technologies, Inc.	USD	300.00	Jan 2022	5	500	9,985	(1,630)
JPM	FleetCor Technologies, Inc.	USD	310.00	Jan 2022	3	300	4,791	(565)
JPM	General Electric Company	USD	96.00	Jan 2022	20	2,000	24,437	(23,435)
JPM	General Electric Company	USD	96.00	Jan 2022	20	2,000	25,825	(23,435)
JPM	General Electric Company	USD	120.00	Jan 2022	20	2,000	13,309	(4,263)
JPM	General Electric Company	USD	120.00	Jan 2022	20	2,000	13,361	(4,263)
SFG	General Electric Company	USD	120.00	Jan 2022	80	8,000	69,324	(17,052)
GSI	Global Payments, Inc.	USD	230.00	Jan 2022	9	900	5,500	(247)
GSI	Global Payments, Inc.	USD	240.00	Jan 2022	9	900	4,445	(167)
CITI	Hilton Worldwide Holdings, Inc.	USD	125.00	Jan 2022	8	800	8,222	(11,017)
CITI	Hilton Worldwide Holdings, Inc.	USD	125.00	Jan 2022	4	400	3,927	(5,508)
CITI	Hilton Worldwide Holdings, Inc.	USD	125.00	Jan 2022	5	500	5,015	(6,886)
CITI	Hilton Worldwide Holdings, Inc.	USD	130.00	Jan 2022	8	800	6,917	(8,508)
CITI	Hilton Worldwide Holdings, Inc.	USD	130.00	Jan 2022	4	400	3,288	(4,254)
CITI	Hilton Worldwide Holdings, Inc.	USD	130.00	Jan 2022	5	500	4,196	(5,317)
CITI	Hilton Worldwide Holdings, Inc.	USD	130.00	Jan 2022	12	1,200	17,773	(12,761)
CITI	Hilton Worldwide Holdings, Inc.	USD	135.00	Jan 2022	12	1,200	15,717	(9,528)
GSI	Hilton Worldwide Holdings, Inc.	USD	135.00	Jan 2022	38	3,800	53,311	(30,172)
GSI	Hilton Worldwide Holdings, Inc.	USD	140.00	Jan 2022	38	3,800	45,916	(21,828)
JPM	Intercontinental Exchange, Inc.	USD	125.00	Jan 2022	15	1,500	4,761	(2,110)
JPM	Intercontinental Exchange, Inc.	USD	130.00	Jan 2022	16	1,600	9,747	(940)
JPM	Intercontinental Exchange, Inc.	USD	130.00	Jan 2022	16	1,600	3,208	(940)
JPM	Intercontinental Exchange, Inc.	USD	135.00	Jan 2022	16	1,600	7,294	(339)
SFG	Keurig Dr. Pepper, Inc.	USD	32.00	Dec 2021	95	9,500	20,710	(26,098)
JPM	Lockheed Martin Corp.	USD	340.00	Jan 2022	9	900	28,233	(16,601)
JPM	Lockheed Martin Corp.	USD	360.00	Jan 2022	9	900	20,583	(8,026)
JPM	Lockheed Martin Corp.	USD	375.00	Jan 2022	9	900	15,993	(4,233)
CSFB	Marriott International, Inc., Class A	USD	145.00	Jan 2022	15	1,500	18,440	(18,071)
CSFB	Marriott International, Inc., Class A	USD	145.00	Jan 2022	2	200	2,376	(2,409)
CSFB	Marriott International, Inc., Class A	USD	145.00	Jan 2022	8	800	10,193	(9,638)
CSFB	Marriott International, Inc., Class A	USD	150.00	Jan 2022	15	1,500	16,180	(14,136)
CSFB	Marriott International, Inc., Class A	USD	150.00	Jan 2022	2	200	2,097	(1,885)
CSFB	Marriott International, Inc., Class A	USD	150.00	Jan 2022	8	800	8,956	(7,539)
CSFB	Marriott International, Inc., Class A	USD	155.00	Jan 2022	13	1,300	14,757	(9,379)
CSFB	Marriott International, Inc., Class A	USD	160.00	Jan 2022	13	1,300	12,430	(7,033)
CSFB	Marriott International, Inc., Class A	USD	165.00	Jan 2022	9	900	15,242	(3,581)
CSFB	Marriott International, Inc., Class A	USD	170.00	Jan 2022	9	900	13,778	(2,588)
GSI	Marsh & McLennan Companies, Inc.	USD	150.00	Oct 2021	25	2,500	4,440	(7,571)
GSI	Marsh & McLennan Companies, Inc.	USD	155.00	Oct 2021	25	2,500	2,408	(2,519)
CITI	McDonald's Corp.	USD	210.00	Jan 2022	8	800	15,192	(26,770)

36

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Capital Appreciation Value Trust (continued)

Options on securities (continued)
Counterparty (OTC)/ Exchange- traded	Name of issuer	Currency	Exercise price	Expiration date	Number of contracts	Notional amount	Premium	Value
Calls (continued)
RBC	McDonald's Corp.	USD	210.00	Jan 2022	6	600	$10,902	$(20,077)
CITI	McDonald's Corp.	USD	220.00	Jan 2022	8	800	11,416	(19,754)
RBC	McDonald's Corp.	USD	220.00	Jan 2022	7	700	9,709	(17,285)
CITI	McDonald's Corp.	USD	230.00	Jan 2022	8	800	8,456	(13,443)
RBC	McDonald's Corp.	USD	230.00	Jan 2022	6	600	6,132	(10,082)
GSI	McDonald's Corp.	USD	260.00	Jan 2023	6	600	8,262	(7,685)
GSI	McDonald's Corp.	USD	260.00	Jan 2023	8	800	10,364	(10,246)
GSI	McDonald's Corp.	USD	270.00	Jan 2023	6	600	6,102	(5,765)
GSI	McDonald's Corp.	USD	270.00	Jan 2023	8	800	7,912	(7,687)
CSFB	Medtronic PLC	USD	115.00	Jan 2022	13	1,300	15,756	(17,538)
CSFB	Medtronic PLC	USD	125.00	Jan 2022	13	1,300	9,711	(8,711)
CSFB	Medtronic PLC	USD	130.00	Jan 2022	12	1,200	6,684	(5,127)
SFG	Microsoft Corp.	USD	250.00	Jan 2022	21	2,100	27,447	(81,109)
SFG	Microsoft Corp.	USD	255.00	Jan 2022	21	2,100	24,717	(72,573)
SFG	Microsoft Corp.	USD	260.00	Jan 2022	21	2,100	22,197	(64,374)
SFG	Microsoft Corp.	USD	265.00	Jan 2022	16	1,600	23,712	(43,114)
BOA	Microsoft Corp.	USD	270.00	Jan 2022	9	900	12,085	(21,112)
SFG	Microsoft Corp.	USD	270.00	Jan 2022	17	1,700	22,559	(39,878)
BOA	Microsoft Corp.	USD	275.00	Jan 2022	9	900	10,565	(18,194)
SFG	Microsoft Corp.	USD	275.00	Jan 2022	16	1,600	19,472	(32,345)
BOA	Microsoft Corp.	USD	280.00	Jan 2022	9	900	9,182	(15,516)
CITI	Microsoft Corp.	USD	280.00	Jan 2022	65	6,500	133,380	(112,059)
SFG	Microsoft Corp.	USD	300.00	Jan 2023	31	3,100	56,637	(82,393)
SFG	Microsoft Corp.	USD	300.00	Jan 2023	32	3,200	60,224	(85,050)
SFG	Microsoft Corp.	USD	320.00	Jan 2023	11	1,100	19,554	(20,851)
SFG	Microsoft Corp.	USD	320.00	Jan 2023	10	1,000	19,093	(18,955)
CITI	Microsoft Corp.	USD	330.00	Jan 2023	8	800	11,752	(12,666)
CITI	Microsoft Corp.	USD	330.00	Jan 2023	7	700	10,343	(11,083)
CITI	Microsoft Corp.	USD	330.00	Jan 2023	6	600	10,666	(9,500)
SFG	Microsoft Corp.	USD	330.00	Jan 2023	11	1,100	16,639	(17,416)
SFG	Microsoft Corp.	USD	330.00	Jan 2023	10	1,000	16,190	(15,833)
CITI	Microsoft Corp.	USD	340.00	Jan 2023	8	800	9,933	(10,549)
CITI	Microsoft Corp.	USD	340.00	Jan 2023	7	700	8,727	(9,231)
CITI	Microsoft Corp.	USD	340.00	Jan 2023	6	600	9,046	(7,912)
CITI	Microsoft Corp.	USD	340.00	Jan 2023	15	1,500	30,384	(19,780)
CITI	Microsoft Corp.	USD	340.00	Jan 2023	7	700	14,213	(9,231)
SFG	Microsoft Corp.	USD	340.00	Jan 2023	11	1,100	14,179	(14,505)
SFG	Microsoft Corp.	USD	340.00	Jan 2023	10	1,000	13,686	(13,187)
CITI	Microsoft Corp.	USD	350.00	Jan 2023	8	800	8,353	(8,775)
CITI	Microsoft Corp.	USD	350.00	Jan 2023	7	700	7,388	(7,678)
CITI	Microsoft Corp.	USD	350.00	Jan 2023	6	600	7,637	(6,581)
CITI	Microsoft Corp.	USD	350.00	Jan 2023	15	1,500	25,849	(16,453)
CITI	Microsoft Corp.	USD	350.00	Jan 2023	7	700	12,179	(7,678)
JPM	Microsoft Corp.	USD	350.00	Jan 2023	22	2,200	33,594	(24,131)
SFG	Microsoft Corp.	USD	350.00	Jan 2023	11	1,100	11,924	(12,066)
SFG	Microsoft Corp.	USD	350.00	Jan 2023	10	1,000	11,583	(10,969)
JPM	Microsoft Corp.	USD	355.00	Jan 2023	21	2,100	29,127	(21,009)
CITI	Microsoft Corp.	USD	360.00	Jan 2023	15	1,500	21,905	(13,691)
CITI	Microsoft Corp.	USD	360.00	Jan 2023	7	700	10,368	(6,389)
JPM	Microsoft Corp.	USD	360.00	Jan 2023	22	2,200	27,654	(20,081)
CITI	Mondelez International, Inc., Class A	USD	57.50	Jan 2022	26	2,600	12,272	(7,443)
CITI	Mondelez International, Inc., Class A	USD	60.00	Jan 2022	26	2,600	9,152	(4,059)
CITI	Mondelez International, Inc., Class A	USD	62.50	Jan 2022	26	2,600	5,122	(1,937)
CSFB	Northrop Grumman Corp.	USD	300.00	Jan 2022	5	500	13,835	(31,650)
CSFB	Northrop Grumman Corp.	USD	300.00	Jan 2022	5	500	13,485	(31,650)
CSFB	Northrop Grumman Corp.	USD	315.00	Jan 2022	5	500	10,285	(24,964)
CSFB	Northrop Grumman Corp.	USD	315.00	Jan 2022	5	500	10,835	(24,964)
CSFB	Northrop Grumman Corp.	USD	325.00	Jan 2022	5	500	8,785	(20,761)
CSFB	Northrop Grumman Corp.	USD	325.00	Jan 2022	5	500	9,085	(20,761)
JPM	NXP Semiconductors NV	USD	195.00	Jan 2022	8	800	14,105	(11,763)
JPM	NXP Semiconductors NV	USD	195.00	Jan 2022	7	700	13,563	(10,293)
JPM	NXP Semiconductors NV	USD	200.00	Jan 2022	8	800	13,168	(9,796)
JPM	NXP Semiconductors NV	USD	200.00	Jan 2022	7	700	12,245	(8,572)
JPM	NXP Semiconductors NV	USD	210.00	Jan 2022	8	800	11,205	(6,546)

37

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Capital Appreciation Value Trust (continued)

Options on securities (continued)
Counterparty (OTC)/ Exchange- traded	Name of issuer	Currency	Exercise price	Expiration date	Number of contracts	Notional amount	Premium	Value
Calls (continued)
JPM	NXP Semiconductors NV	USD	210.00	Jan 2022	7	700	$10,451	$(5,728)
SFG	PepsiCo, Inc.	USD	140.00	Jan 2022	13	1,300	14,781	(16,877)
SFG	PepsiCo, Inc.	USD	140.00	Jan 2022	14	1,400	15,218	(18,175)
SFG	PepsiCo, Inc.	USD	145.00	Jan 2022	13	1,300	11,856	(11,934)
SFG	PepsiCo, Inc.	USD	145.00	Jan 2022	14	1,400	11,998	(12,852)
SFG	PepsiCo, Inc.	USD	155.00	Jan 2022	12	1,200	6,504	(4,273)
SFG	PepsiCo, Inc.	USD	155.00	Jan 2022	14	1,400	7,028	(4,985)
JPM	Roper Technologies, Inc.	USD	490.00	Nov 2021	3	300	3,190	(517)
JPM	Roper Technologies, Inc.	USD	500.00	Nov 2021	3	300	1,824	(288)
CSFB	Ross Stores, Inc.	USD	130.00	Jan 2022	6	600	6,143	(611)
BOA	Ross Stores, Inc.	USD	135.00	Jan 2022	3	300	3,132	(183)
CSFB	Ross Stores, Inc.	USD	135.00	Jan 2022	6	600	5,599	(365)
BOA	Ross Stores, Inc.	USD	140.00	Jan 2022	3	300	2,596	(107)
JPM	Teledyne Technologies, Inc.	USD	470.00	Dec 2021	3	300	6,092	(1,875)
JPM	Teledyne Technologies, Inc.	USD	480.00	Dec 2021	3	300	5,137	(1,301)
CSFB	The Coca-Cola Company	USD	50.00	Jan 2022	38	3,800	15,630	(13,642)
CSFB	The Coca-Cola Company	USD	50.00	Jan 2022	52	5,200	16,224	(18,668)
CSFB	The Coca-Cola Company	USD	52.50	Jan 2022	38	3,800	11,420	(7,441)
CSFB	The Coca-Cola Company	USD	52.50	Jan 2022	52	5,200	11,544	(10,182)
CSFB	The Coca-Cola Company	USD	55.00	Jan 2022	39	3,900	8,341	(3,443)
CSFB	The Coca-Cola Company	USD	55.00	Jan 2022	52	5,200	8,164	(4,590)
CITI	The PNC Financial Services Group, Inc.	USD	175.00	Jan 2022	12	1,200	14,316	(29,885)
CITI	The PNC Financial Services Group, Inc.	USD	180.00	Jan 2022	12	1,200	12,237	(25,351)
CITI	The PNC Financial Services Group, Inc.	USD	180.00	Jan 2022	13	1,300	17,112	(27,464)
CITI	The PNC Financial Services Group, Inc.	USD	185.00	Jan 2022	12	1,200	10,459	(21,160)
CITI	The PNC Financial Services Group, Inc.	USD	185.00	Jan 2022	13	1,300	14,782	(22,924)
CITI	The PNC Financial Services Group, Inc.	USD	190.00	Jan 2022	13	1,300	12,714	(18,801)
CITI	The PNC Financial Services Group, Inc.	USD	220.00	Jan 2023	12	1,200	15,986	(16,316)
CITI	The PNC Financial Services Group, Inc.	USD	230.00	Jan 2023	12	1,200	12,656	(12,848)
CITI	Thermo Fisher Scientific, Inc.	USD	560.00	Jan 2022	6	600	11,722	(23,406)
CITI	Thermo Fisher Scientific, Inc.	USD	580.00	Jan 2022	3	300	8,122	(8,412)
CITI	Thermo Fisher Scientific, Inc.	USD	580.00	Jan 2022	5	500	14,180	(14,020)
CITI	Thermo Fisher Scientific, Inc.	USD	580.00	Jan 2022	6	600	8,456	(16,823)
CITI	Thermo Fisher Scientific, Inc.	USD	600.00	Jan 2022	3	300	6,712	(5,790)
CITI	Thermo Fisher Scientific, Inc.	USD	600.00	Jan 2022	5	500	11,735	(9,650)
CITI	UnitedHealth Group, Inc.	USD	400.00	Jan 2022	6	600	14,447	(10,769)
CITI	UnitedHealth Group, Inc.	USD	410.00	Jan 2022	6	600	11,921	(8,123)
CITI	UnitedHealth Group, Inc.	USD	420.00	Jan 2022	6	600	10,918	(5,946)
CITI	UnitedHealth Group, Inc.	USD	460.00	Jan 2022	3	300	4,789	(669)
CITI	UnitedHealth Group, Inc.	USD	470.00	Jan 2022	3	300	3,917	(446)
JPM	Visa, Inc., Class A	USD	220.00	Jan 2022	19	1,900	26,638	(25,672)
CSFB	Visa, Inc., Class A	USD	225.00	Jan 2022	22	2,200	29,373	(23,756)
GSI	Visa, Inc., Class A	USD	225.00	Jan 2022	7	700	8,344	(7,559)
GSI	Visa, Inc., Class A	USD	225.00	Jan 2022	6	600	8,082	(6,479)
GSI	Visa, Inc., Class A	USD	225.00	Jan 2022	14	1,400	18,239	(15,118)
JPM	Visa, Inc., Class A	USD	225.00	Jan 2022	18	1,800	22,176	(19,437)
CSFB	Visa, Inc., Class A	USD	230.00	Jan 2022	22	2,200	25,978	(18,596)
GSI	Visa, Inc., Class A	USD	230.00	Jan 2022	7	700	7,154	(5,917)
GSI	Visa, Inc., Class A	USD	230.00	Jan 2022	6	600	7,032	(5,072)
GSI	Visa, Inc., Class A	USD	230.00	Jan 2022	14	1,400	16,317	(11,834)
JPM	Visa, Inc., Class A	USD	230.00	Jan 2022	19	1,900	20,463	(16,060)
CSFB	Visa, Inc., Class A	USD	235.00	Jan 2022	22	2,200	22,406	(14,250)
CSFB	Visa, Inc., Class A	USD	240.00	Jan 2022	12	1,200	15,050	(5,831)
CSFB	Visa, Inc., Class A	USD	245.00	Jan 2022	12	1,200	13,240	(4,284)
CSFB	Visa, Inc., Class A	USD	245.00	Jan 2022	17	1,700	17,798	(6,069)
CITI	Visa, Inc., Class A	USD	250.00	Jan 2022	43	4,300	36,712	(11,058)
CSFB	Visa, Inc., Class A	USD	250.00	Jan 2022	17	1,700	14,730	(4,372)
GSI	Visa, Inc., Class A	USD	250.00	Jan 2022	13	1,300	15,886	(3,343)
GSI	Visa, Inc., Class A	USD	250.00	Jan 2022	10	1,000	9,299	(2,572)
CSFB	Visa, Inc., Class A	USD	255.00	Jan 2022	6	600	5,060	(1,092)
CSFB	Visa, Inc., Class A	USD	255.00	Jan 2022	17	1,700	12,085	(3,093)
GSI	Visa, Inc., Class A	USD	255.00	Jan 2022	10	1,000	7,532	(1,819)
CSFB	Visa, Inc., Class A	USD	260.00	Jan 2022	6	600	4,257	(760)
GSI	Visa, Inc., Class A	USD	260.00	Jan 2022	13	1,300	12,181	(1,648)

38

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Capital Appreciation Value Trust (continued)

Options on securities (continued)
Counterparty (OTC)/ Exchange- traded	Name of issuer	Currency	Exercise price	Expiration date	Number of contracts	Notional amount	Premium	Value
Calls (continued)
CSFB	Visa, Inc., Class A	USD	265.00	Jan 2022	6	600	$3,574	$(523)
GSI	Visa, Inc., Class A	USD	270.00	Jan 2022	13	1,300	9,256	(772)
CSFB	Waste Management, Inc.	USD	115.00	Jan 2022	6	600	4,812	(21,058)
CSFB	Waste Management, Inc.	USD	115.00	Jan 2022	7	700	5,649	(24,568)
CSFB	Waste Management, Inc.	USD	120.00	Jan 2022	6	600	4,482	(18,182)
CSFB	Waste Management, Inc.	USD	120.00	Jan 2022	7	700	5,089	(21,212)
CSFB	Waste Management, Inc.	USD	130.00	Jan 2022	6	600	2,502	(12,604)
CSFB	Waste Management, Inc.	USD	130.00	Jan 2022	7	700	2,639	(14,704)
JPM	Yum! Brands, Inc.	USD	105.00	Jan 2022	7	700	7,854	(13,079)
JPM	Yum! Brands, Inc.	USD	110.00	Jan 2022	7	700	6,209	(10,069)
JPM	Yum! Brands, Inc.	USD	120.00	Jan 2022	22	2,200	9,424	(15,716)
JPM	Yum! Brands, Inc.	USD	120.00	Jan 2022	6	600	2,742	(4,286)
JPM	Yum! Brands, Inc.	USD	120.00	Jan 2022	14	1,400	6,398	(10,001)
JPM	Yum! Brands, Inc.	USD	120.00	Jan 2022	19	1,900	9,063	(13,573)
JPM	Yum! Brands, Inc.	USD	125.00	Jan 2022	25	2,500	8,050	(11,258)
							$4,499,849	$(7,034,701)

Derivatives Currency Abbreviations
USD	U.S. Dollar

Derivatives Abbreviations
BOA	Bank of America, N.A.
CITI	Citibank, N.A.
CSFB	Credit Suisse First Boston International
GSI	Goldman Sachs International
JPM	JPMorgan Chase Bank, N.A.
OTC	Over-the-counter
RBC	Royal Bank of Canada
SFG	Susquehanna Financial Group, LLLP

Core Bond Trust

		Shares or Principal Amount	Value
U.S. GOVERNMENT AND AGENCY OBLIGATIONS – 59.3%
U.S. Government – 36.2%
U.S. Treasury Bonds
1.125%, 05/15/2040 to 08/15/2040	$	24,260,000	$	20,926,587
1.375%, 11/15/2040 to 08/15/2050		22,203,000		19,663,887
1.625%, 11/15/2050		5,045,000		4,532,420
1.750%, 08/15/2041		12,609,000		12,053,416
1.875%, 02/15/2041		6,682,000		6,535,831
2.000%, 08/15/2051		6,925,000		6,802,730
2.250%, 05/15/2041		4,789,000		4,979,812
2.375%, 05/15/2051		6,878,000		7,340,116
2.500%, 02/15/2045		2,430,000		2,624,210
U.S. Treasury Notes
0.125%, 05/31/2022 to 01/15/2024		71,056,000		70,930,276
0.250%, 09/30/2023 to 10/31/2025		18,511,000		18,147,403
0.375%, 04/15/2024 to 01/31/2026		78,389,000		77,473,844
0.500%, 02/28/2026 to 08/31/2027		20,999,000		20,482,179
0.750%, 05/31/2026 to 08/31/2026		20,678,000		20,487,211
0.875%, 09/30/2026		15,923,000		15,837,165
1.125%, 08/31/2028		1,815,000		1,793,447
1.250%, 08/15/2031		20,622,000		20,122,561
1.500%, 11/30/2024		6,252,000		6,434,920
1.750%, 11/30/2021		903,000		905,504
1.875%, 02/28/2022		10,979,000		11,061,343
2.000%, 02/15/2022		8,231,000		8,290,803

Core Bond Trust (continued)

		Shares or Principal Amount	Value
U.S. GOVERNMENT AND AGENCY OBLIGATIONS (continued)
U.S. Government (continued)
U.S. Treasury Notes (continued)
2.125%, 05/15/2025	$	7,793,000	$	8,189,956
				365,615,621
U.S. Government Agency – 23.1%
Federal Home Loan Mortgage Corp.
2.000%, 12/01/2050		998,812		1,006,742
2.500%, 01/01/2036		2,810,518		2,967,876
2.822%, (12 month LIBOR + 1.640%), 05/01/2049 (A)		509,210		526,466
3.500%, 04/01/2049		628,390		685,071
4.000%, 01/01/2035 to 07/01/2049		5,209,436		5,713,531
4.500%, 06/01/2039 to 07/01/2039		99,359		110,113
5.000%, 03/01/2049		1,787,138		2,022,923
Federal National Mortgage Association
2.000%, TBA (B)		34,300,000		34,912,387
2.000%, 05/01/2031 to 04/01/2051		6,760,400		6,841,833
2.325%, (12 month LIBOR + 1.578%), 06/01/2045 (A)		442,750		456,116
2.500%, TBA (B)		44,800,000		46,107,269
2.500%, 12/01/2035 to 10/01/2050		29,992,315		31,443,642
2.692%, (12 month LIBOR + 1.586%), 01/01/2046 (A)		1,376,725		1,423,146
3.000%, 01/01/2043 to 07/01/2060		15,660,564		16,808,158
4.000%, 09/01/2033 to 08/01/2059		11,780,359		13,047,900

 

39

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Core Bond Trust (continued)

		Shares or Principal Amount	Value
U.S. GOVERNMENT AND AGENCY OBLIGATIONS (continued)
U.S. Government Agency (continued)
Federal National Mortgage Association (continued)
4.500%, 05/01/2034 to 04/01/2050	$	11,977,173	$	13,417,712
5.000%, 07/01/2044 to 11/01/2049		12,586,379		14,318,942
5.500%, 12/01/2048 to 06/01/2049		2,657,147		3,063,424
Government National Mortgage Association
2.500%, TBA (B)		6,500,000		6,698,390
2.500%, 07/20/2051 to 09/20/2051		12,237,137		12,652,651
3.500%, 01/20/2048		758,226		821,318
4.000%, 06/20/2047 to 07/20/2049		7,384,712		7,963,310
4.500%, 08/15/2047 to 05/20/2049		2,336,481		2,535,886
5.000%, 12/20/2039 to 03/20/2049		7,106,793		7,733,551
				233,278,357
TOTAL U.S. GOVERNMENT AND AGENCY OBLIGATIONS (Cost $602,248,786)			$	598,893,978
FOREIGN GOVERNMENT OBLIGATIONS – 1.1%
Chile – 0.1%
Republic of Chile
2.550%, 07/27/2033		912,000		889,054
3.250%, 09/21/2071		410,000		370,378
				1,259,432
Colombia – 0.1%
Republic of Colombia
3.250%, 04/22/2032		344,000		320,787
3.875%, 02/15/2061		393,000		316,432
				637,219
Italy – 0.0%
Republic of Italy 3.875%, 05/06/2051		456,000		491,747
Japan – 0.1%
Japan Bank for International Cooperation 1.750%, 10/17/2024		816,000		841,340
Mexico – 0.4%
Government of Mexico
2.659%, 05/24/2031		426,000		410,975
3.750%, 04/19/2071		888,000		767,312
3.771%, 05/24/2061		215,000		190,643
4.280%, 08/14/2041		1,346,000		1,373,324
4.500%, 04/22/2029		1,150,000		1,291,381
4.750%, 03/08/2044		228,000		242,640
				4,276,275
Paraguay – 0.1%
Republic of Paraguay 5.400%, 03/30/2050 (C)		545,000		625,393
Peru – 0.3%
Republic of Peru
2.392%, 01/23/2026		657,000		670,350
2.783%, 01/23/2031		2,280,000		2,256,288
				2,926,638
United Arab Emirates – 0.0%
Republic of United Arab Emirates 3.000%, 09/15/2051 (D)		489,000		479,494
TOTAL FOREIGN GOVERNMENT OBLIGATIONS (Cost $11,672,723)			$	11,537,538
CORPORATE BONDS – 30.3%
Communication services – 2.6%
AT&T, Inc.
2.250%, 02/01/2032		259,000		252,179
3.100%, 02/01/2043		161,000		154,358

Core Bond Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Communication services (continued)
AT&T, Inc. (continued)
3.500%, 06/01/2041 to 09/15/2053	$	1,684,000	$	1,679,124
3.550%, 09/15/2055		329,000		324,441
3.650%, 09/15/2059		408,000		406,745
3.800%, 12/01/2057		603,000		615,996
3.850%, 06/01/2060		79,000		81,686
Charter Communications Operating LLC
2.250%, 01/15/2029 (B)		1,501,000		1,499,819
3.500%, 06/01/2041		669,000		656,922
3.500%, 03/01/2042 (B)		766,000		749,471
3.900%, 06/01/2052		665,000		662,389
4.400%, 12/01/2061		474,000		492,941
4.464%, 07/23/2022		300,000		307,622
4.800%, 03/01/2050		617,000		692,401
Comcast Corp.
1.500%, 02/15/2031		816,000		774,601
3.750%, 04/01/2040		635,000		713,438
Discovery Communications LLC
4.000%, 09/15/2055		389,000		406,777
4.650%, 05/15/2050		98,000		113,568
Netflix, Inc.
3.625%, 06/15/2025 (C)		561,000		596,063
5.875%, 11/15/2028		603,000		738,916
Telefonica Emisiones SA 5.520%, 03/01/2049		253,000		330,998
T-Mobile USA, Inc.
2.250%, 02/15/2026		728,000		736,190
2.250%, 02/15/2026 (C)		3,660,000		3,701,175
2.875%, 02/15/2031		553,000		557,700
3.375%, 04/15/2029 (C)		1,740,000		1,815,255
3.500%, 04/15/2031 (C)		1,393,000		1,469,106
Verizon Communications, Inc.
2.355%, 03/15/2032 (C)		628,000		621,057
2.550%, 03/21/2031		300,000		303,687
2.650%, 11/20/2040		1,321,000		1,241,173
2.875%, 11/20/2050		254,000		236,765
3.400%, 03/22/2041		635,000		663,157
3.550%, 03/22/2051		738,000		778,293
3.700%, 03/22/2061		461,000		486,783
4.329%, 09/21/2028		219,000		251,746
ViacomCBS, Inc.
4.200%, 05/19/2032		34,000		38,892
4.600%, 01/15/2045		62,000		74,274
4.950%, 01/15/2031		177,000		211,453
4.950%, 05/19/2050 (D)		305,000		381,850
5.850%, 09/01/2043		116,000		158,082
				25,977,093
Consumer discretionary – 2.2%
Advance Auto Parts, Inc. 3.900%, 04/15/2030		799,000		870,968
Amazon.com, Inc.
1.000%, 05/12/2026		2,147,000		2,144,502
1.650%, 05/12/2028		967,000		974,769
2.100%, 05/12/2031		1,510,000		1,529,565
2.700%, 06/03/2060		148,000		138,970
3.100%, 05/12/2051		763,000		797,679
3.250%, 05/12/2061		326,000		346,950
AutoNation, Inc.
1.950%, 08/01/2028		469,000		462,462
2.400%, 08/01/2031		336,000		327,463
Ford Motor Company 4.750%, 01/15/2043		257,000		269,369
Ford Motor Credit Company LLC
2.700%, 08/10/2026		1,234,000		1,236,468
3.625%, 06/17/2031		1,347,000		1,355,419

 

40

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Core Bond Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Consumer discretionary (continued)
Ford Motor Credit Company LLC (continued)
4.000%, 11/13/2030	$	480,000	$	499,200
General Motors Company 5.400%, 04/01/2048		184,000		228,152
Hyundai Capital America
0.800%, 01/08/2024 (C)		996,000		991,696
1.250%, 09/18/2023 (C)		490,000		494,237
1.300%, 01/08/2026 (C)		979,000		963,292
1.800%, 10/15/2025 (C)		784,000		791,693
2.000%, 06/15/2028 (C)		479,000		470,558
Lowe's Companies, Inc. 1.700%, 09/15/2028		628,000		622,505
Marriott International, Inc.
2.850%, 04/15/2031		775,000		784,906
5.750%, 05/01/2025		34,000		38,882
Sodexo, Inc. 1.634%, 04/16/2026 (C)		869,000		874,238
Starbucks Corp.
1.300%, 05/07/2022		400,000		402,391
3.350%, 03/12/2050		492,000		511,083
3.500%, 11/15/2050		630,000		668,790
The Home Depot, Inc.
1.500%, 09/15/2028 (D)		1,247,000		1,233,478
2.375%, 03/15/2051		352,000		317,785
3.125%, 12/15/2049		611,000		636,982
3.300%, 04/15/2040		132,000		143,020
Yale University
0.873%, 04/15/2025		313,000		314,112
1.482%, 04/15/2030		482,000		474,218
				21,915,802
Consumer staples – 1.7%
Altria Group, Inc.
2.350%, 05/06/2025		138,000		143,084
2.450%, 02/04/2032		375,000		359,336
3.400%, 02/04/2041		742,000		702,703
Anheuser-Busch Companies LLC 4.700%, 02/01/2036		891,000		1,076,721
Anheuser-Busch InBev Worldwide, Inc.
3.500%, 06/01/2030		315,000		345,005
3.750%, 07/15/2042		288,000		310,573
4.375%, 04/15/2038		935,000		1,091,397
4.600%, 04/15/2048		312,000		372,473
4.900%, 02/01/2046		799,000		982,143
Bacardi, Ltd.
4.700%, 05/15/2028 (C)		333,000		384,648
5.300%, 05/15/2048 (C)		637,000		830,617
BAT Capital Corp.
2.259%, 03/25/2028		171,000		169,722
2.726%, 03/25/2031		1,473,000		1,450,560
4.906%, 04/02/2030		174,000		199,232
Bunge, Ltd. Finance Corp.
1.630%, 08/17/2025		548,000		553,704
2.750%, 05/14/2031		1,956,000		1,981,920
3.750%, 09/25/2027		1,592,000		1,761,113
Molson Coors Beverage Company 4.200%, 07/15/2046		1,093,000		1,209,646
Nestle Holdings, Inc.
1.500%, 09/14/2028 (C)		568,000		561,508
1.875%, 09/14/2031 (C)		602,000		596,395
The Estee Lauder Companies, Inc. 1.950%, 03/15/2031		946,000		943,623
Walmart, Inc.
1.500%, 09/22/2028		316,000		314,637
1.800%, 09/22/2031		283,000		280,569

Core Bond Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Consumer staples (continued)
Walmart, Inc. (continued)
2.500%, 09/22/2041	$	253,000	$	251,899
2.650%, 09/22/2051		32,000		31,853
				16,905,081
Energy – 1.6%
Aker BP ASA 4.000%, 01/15/2031 (C)		454,000		493,817
BP Capital Markets America, Inc. 3.379%, 02/08/2061		736,000		732,435
Devon Energy Corp.
4.750%, 05/15/2042		166,000		189,450
5.000%, 06/15/2045		582,000		682,318
5.600%, 07/15/2041		80,000		99,684
Diamondback Energy, Inc. 4.400%, 03/24/2051		271,000		307,391
Enable Midstream Partners LP
3.900%, 05/15/2024		89,000		94,495
4.150%, 09/15/2029		370,000		401,048
4.400%, 03/15/2027		623,000		690,183
4.950%, 05/15/2028		1,057,000		1,187,354
Energy Transfer LP
5.150%, 03/15/2045		162,000		185,427
5.300%, 04/15/2047		99,000		115,977
5.350%, 05/15/2045		241,000		281,066
6.000%, 06/15/2048		130,000		164,963
6.050%, 06/01/2041		148,000		183,612
6.100%, 02/15/2042 (D)		166,000		205,662
6.125%, 12/15/2045		281,000		357,546
Galaxy Pipeline Assets Bidco, Ltd.
1.750%, 09/30/2027 (C)		974,000		983,763
2.160%, 03/31/2034 (C)		734,000		720,310
2.625%, 03/31/2036 (C)		459,000		451,874
2.940%, 09/30/2040 (C)		271,000		270,435
Lundin Energy Finance BV
2.000%, 07/15/2026 (C)		1,662,000		1,672,027
3.100%, 07/15/2031 (C)		1,500,000		1,520,918
Marathon Oil Corp. 5.200%, 06/01/2045		203,000		242,039
Oleoducto Central SA 4.000%, 07/14/2027 (C)		246,000		253,380
Petroleos del Peru SA 5.625%, 06/19/2047 (C)		463,000		462,495
Petroleos Mexicanos
2.378%, 04/15/2025		550,000		566,166
2.460%, 12/15/2025		1,458,450		1,512,417
Phillips 66 3.900%, 03/15/2028		24,000		26,610
Pioneer Natural Resources Company 1.900%, 08/15/2030		844,000		807,535
Qatar Petroleum
3.125%, 07/12/2041 (C)		223,000		222,893
3.300%, 07/12/2051 (C)		376,000		379,760
				16,465,050
Financials – 9.8%
Alleghany Corp. 3.250%, 08/15/2051		480,000		471,360
American International Group, Inc.
3.400%, 06/30/2030		709,000		773,654
4.375%, 06/30/2050		419,000		515,862
ANZ New Zealand International, Ltd. 1.250%, 06/22/2026 (C)		964,000		959,840
Assured Guaranty US Holdings, Inc. 3.600%, 09/15/2051		319,000		324,300
Athene Global Funding
1.730%, 10/02/2026 (C)		945,000		944,483

 

41

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Core Bond Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Financials (continued)
Athene Global Funding (continued)
1.985%, 08/19/2028 (C)	$	787,000	$	776,828
2.500%, 03/24/2028 (C)		1,102,000		1,127,896
2.646%, 10/04/2031 (C)		1,039,000		1,040,140
Banco Santander SA (1.722% to 9-14-26, then 1 Year CMT + 0.900%) 09/14/2027		800,000		796,282
Bank of America Corp. 3.500%, 04/19/2026		162,000		176,892
Bank of America Corp. (0.976% to 4-22-24, then SOFR + 0.690%) 04/22/2025		1,708,000		1,717,084
Bank of America Corp. (1.197% to 10-24-25, then SOFR + 1.010%) 10/24/2026		2,402,000		2,383,951
Bank of America Corp. (1.319% to 6-19-25, then SOFR + 1.150%) 06/19/2026 (D)		1,420,000		1,419,653
Bank of America Corp. (1.658% to 3-11-26, then SOFR + 0.910%) 03/11/2027		3,175,000		3,193,225
Bank of America Corp. (1.734% to 7-22-26, then SOFR + 0.960%) 07/22/2027		3,435,000		3,449,134
Bank of America Corp. (1.898% to 7-23-30, then SOFR + 1.530%) 07/23/2031		625,000		602,673
Bank of America Corp. (1.922% to 10-24-30, then SOFR + 1.370%) 10/24/2031		527,000		506,958
Bank of America Corp. (2.015% to 2-13-25, then 3 month LIBOR + 0.640%) 02/13/2026		162,000		166,208
Bank of America Corp. (2.456% to 10-22-24, then 3 month LIBOR + 0.870%) 10/22/2025		873,000		911,875
Bank of America Corp. (2.496% to 2-13-30, then 3 month LIBOR + 0.990%) 02/13/2031		885,000		895,611
Bank of America Corp. (2.592% to 4-29-30, then SOFR + 2.150%) 04/29/2031		1,017,000		1,037,979
Bank of America Corp. (2.687% to 4-22-31, then SOFR + 1.320%) 04/22/2032		3,106,000		3,162,747
Bank of America Corp. (3.004% to 12-20-22, then 3 month LIBOR + 0.790%) 12/20/2023		1,252,000		1,290,274
Bank of America Corp. (3.311% to 4-22-41, then SOFR + 1.580%) 04/22/2042		680,000		713,508
Bank of America Corp. (3.483% to 3-13-51, then SOFR + 1.650%) 03/13/2052		312,000		336,828
Bank of America Corp. (3.559% to 4-23-26, then 3 month LIBOR + 1.060%) 04/23/2027		778,000		846,643
Blackstone Holdings Finance Company LLC
1.625%, 08/05/2028 (C)		472,000		461,259
2.850%, 08/05/2051 (C)		566,000		537,900
Blackstone Private Credit Fund 2.625%, 12/15/2026 (C)		1,177,000		1,173,357
Blackstone Secured Lending Fund 2.850%, 09/30/2028 (C)		976,000		969,393

Core Bond Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Financials (continued)
Blue Owl Finance LLC 4.125%, 10/07/2051 (C)	$	236,000	$	230,126
BNP Paribas SA (2.159% to 9-15-28, then SOFR + 1.218%) 09/15/2029 (C)		861,000		852,849
Brighthouse Financial, Inc. 4.700%, 06/22/2047		246,000		278,171
CNO Global Funding 1.750%, 10/07/2026 (C)		975,000		974,864
Credit Suisse AG 1.250%, 08/07/2026		2,472,000		2,436,887
DNB Bank ASA (1.535% to 5-25-26, then 1 Year CMT + 0.720%) 05/25/2027 (C)		850,000		850,388
Enstar Group, Ltd. 3.100%, 09/01/2031		798,000		785,122
F&G Global Funding 2.000%, 09/20/2028 (C)		1,255,000		1,235,633
FS KKR Capital Corp.
2.625%, 01/15/2027		469,000		470,146
3.400%, 01/15/2026		1,252,000		1,308,191
GA Global Funding Trust
0.800%, 09/13/2024 (C)		1,106,000		1,100,780
1.950%, 09/15/2028 (C)		1,483,000		1,461,444
GE Capital Funding LLC
3.450%, 05/15/2025		382,000		412,006
4.400%, 05/15/2030		575,000		666,264
GE Capital International Funding Company 4.418%, 11/15/2035		1,399,000		1,678,873
JPMorgan Chase & Co. (0.824% to 6-1-24, then SOFR + 0.540%) 06/01/2025		1,445,000		1,444,742
JPMorgan Chase & Co. (1.040% to 2-4-26, then SOFR + 0.695%) 02/04/2027		3,153,000		3,093,282
JPMorgan Chase & Co. (1.045% to 11-19-25, then SOFR + 0.800%) 11/19/2026		1,758,000		1,731,336
JPMorgan Chase & Co. (1.470% to 9-22-26, then SOFR + 0.765%) 09/22/2027		2,667,000		2,649,934
JPMorgan Chase & Co. (2.069% to 6-1-28, then SOFR + 1.015%) 06/01/2029		1,572,000		1,575,541
JPMorgan Chase & Co. (2.083% to 4-22-25, then SOFR + 1.850%) 04/22/2026		1,379,000		1,418,386
JPMorgan Chase & Co. (2.182% to 6-1-27, then SOFR + 1.890%) 06/01/2028		966,000		986,232
JPMorgan Chase & Co. (3.328% to 4-22-51, then SOFR + 1.580%) 04/22/2052		482,000		504,922
Macquarie Group, Ltd. (1.629% to 9-23-26, then SOFR + 0.910%) 09/23/2027 (C)		374,000		372,175
Mitsubishi UFJ Financial Group, Inc. (0.953% to 7-19-24, then 1 Year CMT + 0.550%) 07/19/2025		1,907,000		1,909,166
Mitsubishi UFJ Financial Group, Inc. (1.538% to 7-20-26, then 1 Year CMT + 0.750%) 07/20/2027		1,885,000		1,883,157
Mitsubishi UFJ Financial Group, Inc. (2.309% to 7-20-31, then 1 Year CMT + 0.950%) 07/20/2032		1,037,000		1,027,418

 

42

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Core Bond Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Financials (continued)
Morgan Stanley (0.790% to 5-30-24, then SOFR + 0.525%) 05/30/2025	$	3,286,000	$	3,275,913
Morgan Stanley (0.791% to 1-22-24, then SOFR + 0.509%) 01/22/2025		3,898,000		3,897,824
Morgan Stanley (0.864% to 10-21-24, then SOFR + 0.745%) 10/21/2025		1,136,000		1,133,694
Morgan Stanley (0.985% to 12-10-25, then SOFR + 0.720%) 12/10/2026		1,604,000		1,575,513
Morgan Stanley (1.512% to 7-20-26, then SOFR + 0.858%) 07/20/2027		1,226,000		1,220,171
Morgan Stanley (2.239% to 7-21-31, then SOFR + 1.178%) 07/21/2032		936,000		919,889
Nomura Holdings, Inc.
1.653%, 07/14/2026		1,601,000		1,595,090
2.608%, 07/14/2031		596,000		593,835
NTT Finance Corp. 1.162%, 04/03/2026 (C)		1,604,000		1,594,810
Oaktree Specialty Lending Corp. 2.700%, 01/15/2027		329,000		330,045
Owl Rock Capital Corp.
2.875%, 06/11/2028		329,000		328,386
3.400%, 07/15/2026		1,367,000		1,423,638
Pricoa Global Funding I 1.200%, 09/01/2026 (C)		1,450,000		1,441,518
Reliance Standard Life Global Funding II 1.512%, 09/28/2026 (C)		948,000		943,270
SBL Holdings, Inc. 5.000%, 02/18/2031 (C)		1,091,000		1,163,972
Societe Generale SA (2.889% to 6-9-31, then 1 Year CMT + 1.300%) 06/09/2032 (C)		754,000		758,267
Sumitomo Mitsui Financial Group, Inc.
1.402%, 09/17/2026		1,264,000		1,253,638
1.902%, 09/17/2028		1,965,000		1,941,933
2.930%, 09/17/2041		628,000		611,811
Svensk Exportkredit AB 0.750%, 04/06/2023		216,000		217,449
The Andrew W. Mellon Foundation 0.947%, 08/01/2027 (D)		384,000		377,401
The Goldman Sachs Group, Inc. (0.657% to 9-10-23, then SOFR + 0.505%) 09/10/2024		2,348,000		2,348,387
The Goldman Sachs Group, Inc. (2.383% to 7-21-31, then SOFR + 1.248%) 07/21/2032		1,091,000		1,080,220
The Toronto-Dominion Bank 1.250%, 09/10/2026		1,572,000		1,560,638
Trust Fibra Uno
5.250%, 01/30/2026 (C)		503,000		559,336
6.390%, 01/15/2050 (C)		356,000		421,419
				99,589,899
Health care – 3.1%
AbbVie, Inc.
2.300%, 11/21/2022		982,000		1,002,243
3.750%, 11/14/2023		90,000		95,884
4.050%, 11/21/2039		365,000		419,461
4.250%, 11/21/2049		501,000		593,411
4.300%, 05/14/2036		228,000		267,358
4.400%, 11/06/2042		81,000		96,761
4.450%, 05/14/2046		231,000		278,365
Aetna, Inc. 3.875%, 08/15/2047		249,000		276,148
Amgen, Inc.
1.650%, 08/15/2028		1,266,000		1,244,908

Core Bond Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Health care (continued)
Amgen, Inc. (continued)
3.000%, 01/15/2052	$	506,000	$	485,416
Astrazeneca Finance LLC
1.200%, 05/28/2026		644,000		644,163
1.750%, 05/28/2028		1,110,000		1,116,456
AstraZeneca PLC 3.000%, 05/28/2051 (D)		321,000		331,103
Bristol-Myers Squibb Company 2.550%, 11/13/2050		975,000		915,479
Centene Corp. 2.450%, 07/15/2028		1,712,000		1,720,560
CVS Health Corp.
2.700%, 08/21/2040		497,000		474,258
3.000%, 08/15/2026		339,000		363,950
3.700%, 03/09/2023		114,000		119,043
4.300%, 03/25/2028		246,000		280,601
4.780%, 03/25/2038		495,000		606,940
5.050%, 03/25/2048		596,000		767,173
DH Europe Finance II Sarl
2.050%, 11/15/2022		501,000		510,571
2.200%, 11/15/2024		863,000		898,530
2.600%, 11/15/2029		640,000		667,613
Gilead Sciences, Inc.
2.600%, 10/01/2040		545,000		518,872
2.800%, 10/01/2050		702,000		661,772
4.000%, 09/01/2036		281,000		323,164
HCA, Inc.
5.375%, 02/01/2025		2,268,000		2,534,490
5.875%, 02/01/2029		219,000		263,170
Humana, Inc. 1.350%, 02/03/2027		578,000		570,252
Pfizer, Inc.
2.550%, 05/28/2040		1,094,000		1,086,595
2.700%, 05/28/2050		223,000		219,356
2.800%, 03/11/2022		302,000		305,436
Regeneron Pharmaceuticals, Inc.
1.750%, 09/15/2030		1,044,000		993,185
2.800%, 09/15/2050		107,000		98,787
Shire Acquisitions Investments Ireland DAC 2.875%, 09/23/2023		654,000		681,794
STERIS Irish FinCo Unlimited Company 3.750%, 03/15/2051		1,088,000		1,174,304
Takeda Pharmaceutical Company, Ltd.
2.050%, 03/31/2030		1,231,000		1,211,692
3.025%, 07/09/2040		354,000		359,417
3.175%, 07/09/2050		721,000		730,645
4.400%, 11/26/2023		578,000		622,851
Thermo Fisher Scientific, Inc.
1.750%, 10/15/2028		1,075,000		1,071,313
2.000%, 10/15/2031		531,000		519,504
2.800%, 10/15/2041		253,000		252,356
4.497%, 03/25/2030		451,000		533,665
UnitedHealth Group, Inc.
2.300%, 05/15/2031		829,000		845,822
2.750%, 05/15/2040		241,000		241,074
2.900%, 05/15/2050		238,000		238,642
3.050%, 05/15/2041		166,000		171,563
3.250%, 05/15/2051		528,000		558,336
				30,964,452
Industrials – 2.0%
Adani International Container Terminal Private, Ltd. 3.000%, 02/16/2031 (C)		276,360		268,399

 

43

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Core Bond Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Industrials (continued)
Adani Ports & Special Economic Zone, Ltd. 4.200%, 08/04/2027 (C)	$	583,000	$	611,526
Crowley Conro LLC 4.181%, 08/15/2043		498,526		578,127
DAE Funding LLC
1.550%, 08/01/2024 (C)		1,591,000		1,576,458
2.625%, 03/20/2025 (C)		532,000		541,209
Delta Air Lines, Inc.
4.500%, 10/20/2025 (C)		1,277,000		1,366,390
4.750%, 10/20/2028 (C)		1,854,000		2,067,210
GXO Logistics, Inc. 1.650%, 07/15/2026 (C)		841,000		834,566
Howmet Aerospace, Inc. 3.000%, 01/15/2029		937,000		945,058
John Deere Capital Corp.
0.550%, 07/05/2022		964,000		966,842
1.200%, 04/06/2023		742,000		751,935
Northrop Grumman Corp. 3.250%, 08/01/2023 to 01/15/2028		1,486,000		1,578,282
Quanta Services, Inc. 0.950%, 10/01/2024		786,000		786,362
Rockwell Automation, Inc. 0.350%, 08/15/2023 (D)		472,000		472,290
The Boeing Company
2.196%, 02/04/2026		1,192,000		1,200,787
3.250%, 02/01/2028 to 02/01/2035		1,061,000		1,098,958
3.625%, 02/01/2031		678,000		725,805
3.750%, 02/01/2050		689,000		695,427
5.150%, 05/01/2030		315,000		369,712
5.705%, 05/01/2040		191,000		242,714
5.805%, 05/01/2050		214,000		285,256
Union Pacific Corp.
2.150%, 02/05/2027		498,000		515,858
2.400%, 02/05/2030		617,000		633,756
2.950%, 03/01/2022		559,000		565,407
3.150%, 03/01/2024		267,000		282,799
				19,961,133
Information technology – 2.8%
Analog Devices, Inc.
1.700%, 10/01/2028		472,000		472,999
2.100%, 10/01/2031		628,000		629,342
2.800%, 10/01/2041		157,000		157,020
2.950%, 10/01/2051		220,000		219,924
Apple, Inc.
1.400%, 08/05/2028		1,258,000		1,237,744
1.700%, 08/05/2031		943,000		917,662
2.375%, 02/08/2041		315,000		302,551
2.550%, 08/20/2060		738,000		672,740
2.650%, 05/11/2050 to 02/08/2051		1,563,000		1,498,906
2.700%, 08/05/2051		567,000		546,733
2.800%, 02/08/2061		315,000		300,852
2.850%, 08/05/2061		315,000		303,943
Broadcom Corp. 3.875%, 01/15/2027		238,000		261,543
Broadcom, Inc.
2.450%, 02/15/2031 (C)		550,000		532,635
3.150%, 11/15/2025		411,000		439,269
3.419%, 04/15/2033 (C)		1,684,000		1,743,229
3.469%, 04/15/2034 (C)		811,000		835,117
4.150%, 11/15/2030		559,000		619,357
Dell International LLC
4.900%, 10/01/2026		162,000		186,618
6.100%, 07/15/2027		320,000		395,594
8.350%, 07/15/2046		337,000		546,566

Core Bond Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Information technology (continued)
HP, Inc. 2.200%, 06/17/2025	$	1,012,000	$	1,044,354
Intel Corp.
1.600%, 08/12/2028		792,000		789,162
2.000%, 08/12/2031		1,236,000		1,229,260
2.800%, 08/12/2041		512,000		510,413
3.050%, 08/12/2051		636,000		631,809
3.200%, 08/12/2061		448,000		450,391
KLA Corp. 3.300%, 03/01/2050		427,000		449,261
Microsoft Corp. 2.921%, 03/17/2052		25,000		25,845
NXP BV
3.150%, 05/01/2027 (C)		313,000		333,769
3.250%, 05/11/2041 (C)		344,000		355,291
3.875%, 06/18/2026 (C)		1,345,000		1,481,825
Oracle Corp.
2.300%, 03/25/2028		342,000		349,685
2.800%, 04/01/2027		961,000		1,018,064
2.875%, 03/25/2031		235,000		241,814
3.650%, 03/25/2041		326,000		337,162
3.950%, 03/25/2051		452,000		476,688
salesforce.com, Inc. 2.700%, 07/15/2041		18,000		17,947
Texas Instruments, Inc. 1.125%, 09/15/2026		316,000		315,728
VMware, Inc.
0.600%, 08/15/2023		1,560,000		1,561,969
1.000%, 08/15/2024		1,093,000		1,096,650
1.400%, 08/15/2026		1,249,000		1,243,380
1.800%, 08/15/2028		686,000		675,823
3.900%, 08/21/2027		125,000		139,295
4.700%, 05/15/2030		631,000		743,852
				28,339,781
Materials – 0.4%
LYB International Finance III LLC
3.375%, 10/01/2040		942,000		978,208
3.625%, 04/01/2051 (D)		617,000		648,617
Teck Resources, Ltd.
5.200%, 03/01/2042		371,000		443,151
6.125%, 10/01/2035		321,000		415,998
6.250%, 07/15/2041		362,000		483,075
Westlake Chemical Corp.
3.125%, 08/15/2051		901,000		849,980
3.600%, 08/15/2026		344,000		377,694
4.375%, 11/15/2047		330,000		376,123
				4,572,846
Real estate – 1.6%
Agree LP
2.000%, 06/15/2028		686,000		680,155
2.600%, 06/15/2033		156,000		154,288
Brixmor Operating Partnership LP
2.250%, 04/01/2028		220,000		221,875
2.500%, 08/16/2031		384,000		378,343
Crown Castle International Corp.
1.050%, 07/15/2026		943,000		922,904
2.100%, 04/01/2031		1,743,000		1,677,960
2.500%, 07/15/2031		689,000		688,441
2.900%, 04/01/2041		440,000		424,123
4.000%, 03/01/2027		159,000		176,837
Essex Portfolio LP
1.700%, 03/01/2028		824,000		808,096
2.550%, 06/15/2031		325,000		328,041
Extra Space Storage LP 2.350%, 03/15/2032		284,000		277,440

 

44

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Core Bond Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Real estate (continued)
Federal Realty Investment Trust 3.950%, 01/15/2024	$	435,000	$	463,855
GLP Capital LP 5.300%, 01/15/2029		318,000		371,793
Kilroy Realty LP 2.650%, 11/15/2033 (B)		428,000		422,095
Mid-America Apartments LP
3.950%, 03/15/2029		317,000		356,799
4.000%, 11/15/2025		386,000		423,873
4.300%, 10/15/2023		323,000		344,048
Regency Centers LP 2.950%, 09/15/2029		685,000		718,634
Rexford Industrial Realty LP 2.150%, 09/01/2031		352,000		339,225
Scentre Group Trust 1 3.625%, 01/28/2026 (C)		497,000		539,084
Spirit Realty LP
2.100%, 03/15/2028		627,000		623,741
2.700%, 02/15/2032		188,000		186,390
3.200%, 02/15/2031		182,000		188,986
3.400%, 01/15/2030		379,000		402,718
4.450%, 09/15/2026		41,000		45,788
STORE Capital Corp.
2.750%, 11/18/2030		558,000		560,587
4.500%, 03/15/2028		1,189,000		1,340,512
4.625%, 03/15/2029		402,000		455,423
Sun Communities Operating LP 2.300%, 11/01/2028		315,000		315,585
VEREIT Operating Partnership LP
2.200%, 06/15/2028		337,000		341,011
2.850%, 12/15/2032		456,000		473,720
3.400%, 01/15/2028		334,000		361,103
				16,013,473
Utilities – 2.5%
Baltimore Gas and Electric Company 2.250%, 06/15/2031		469,000		470,946
Black Hills Corp. 3.875%, 10/15/2049		283,000		303,394
Comision Federal de Electricidad 3.875%, 07/26/2033 (C)		862,000		846,915
Consumers Energy Company
2.500%, 05/01/2060		267,000		233,291
2.650%, 08/15/2052		345,000		326,396
Dominion Energy, Inc.
1.450%, 04/15/2026		402,000		403,305
2.250%, 08/15/2031		472,000		470,513
3.300%, 04/15/2041		254,000		263,580
DTE Electric Company 2.950%, 03/01/2050		696,000		697,313
DTE Energy Company
1.050%, 06/01/2025		329,000		326,405
2.950%, 03/01/2030		421,000		439,611
Duke Energy Carolinas LLC 2.550%, 04/15/2031		318,000		329,368
Duke Energy Corp.
2.550%, 06/15/2031		1,252,000		1,268,550
3.500%, 06/15/2051		188,000		193,585
Duke Energy Progress LLC 2.500%, 08/15/2050		472,000		427,964
Entergy Arkansas LLC 2.650%, 06/15/2051		421,000		392,564
Evergy Kansas Central, Inc. 3.450%, 04/15/2050		353,000		378,034
Evergy, Inc. 2.450%, 09/15/2024		588,000		614,733

Core Bond Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Utilities (continued)
Eversource Energy 1.400%, 08/15/2026	$	480,000	$	478,765
Interstate Power & Light Company 3.500%, 09/30/2049		241,000		262,154
ITC Holdings Corp. 2.700%, 11/15/2022		636,000		650,703
Jersey Central Power & Light Company 2.750%, 03/01/2032 (C)		514,000		526,542
Metropolitan Edison Company 4.300%, 01/15/2029 (C)		704,000		788,961
MidAmerican Energy Company 2.700%, 08/01/2052		407,000		390,973
Mid-Atlantic Interstate Transmission LLC 4.100%, 05/15/2028 (C)		93,000		104,184
Mississippi Power Company
3.100%, 07/30/2051		562,000		555,645
3.950%, 03/30/2028		776,000		864,532
4.250%, 03/15/2042		215,000		252,541
NextEra Energy Capital Holdings, Inc. 1.900%, 06/15/2028		627,000		627,394
Northern States Power Company 3.200%, 04/01/2052		317,000		337,870
NSTAR Electric Company 3.100%, 06/01/2051		289,000		299,741
Pacific Gas & Electric Company
2.100%, 08/01/2027		763,000		744,618
3.500%, 08/01/2050		112,000		101,857
3.950%, 12/01/2047		732,000		704,427
4.200%, 06/01/2041		272,000		267,157
4.500%, 07/01/2040		162,000		165,360
4.750%, 02/15/2044		159,000		161,916
4.950%, 07/01/2050		472,000		502,147
PacifiCorp 2.900%, 06/15/2052		405,000		394,123
PECO Energy Company 2.850%, 09/15/2051		566,000		555,321
Pennsylvania Electric Company 3.250%, 03/15/2028 (C)		267,000		282,115
Piedmont Natural Gas Company, Inc. 2.500%, 03/15/2031		472,000		474,511
Public Service Company of Colorado 1.875%, 06/15/2031		721,000		708,621
Public Service Company of Oklahoma
2.200%, 08/15/2031		480,000		473,441
3.150%, 08/15/2051		320,000		318,605
Public Service Electric & Gas Company
1.900%, 08/15/2031 (D)		628,000		617,779
2.050%, 08/01/2050		132,000		113,457
2.700%, 05/01/2050		543,000		522,868
Public Service Enterprise Group, Inc. 1.600%, 08/15/2030		204,000		193,028
Southern California Edison Company 4.125%, 03/01/2048		352,000		383,560
Southern Company Gas Capital Corp. 1.750%, 01/15/2031		495,000		471,228
The AES Corp. 1.375%, 01/15/2026		678,000		669,099
Trans-Allegheny Interstate Line Company 3.850%, 06/01/2025 (C)		222,000		238,508
Virginia Electric and Power Company 2.450%, 12/15/2050		365,000		326,982
WEC Energy Group, Inc.
0.800%, 03/15/2024		795,000		797,455

 

45

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Core Bond Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Utilities (continued)
WEC Energy Group, Inc. (continued)
1.375%, 10/15/2027	$	456,000	$	448,245
				25,162,900
TOTAL CORPORATE BONDS (Cost $303,113,351)			$	305,867,510
MUNICIPAL BONDS – 0.4%
Board of Regents of the University of Texas 2.439%, 08/15/2049		285,000		274,803
County of Clark Department of Aviation (Nevada) 6.820%, 07/01/2045		750,000		1,163,416
North Texas Tollway Authority 6.718%, 01/01/2049		697,000		1,156,361
Port Authority of New York & New Jersey 4.458%, 10/01/2062		571,000		768,845
The Ohio State University 4.800%, 06/01/2111		464,000		661,776
TOTAL MUNICIPAL BONDS (Cost $3,491,229)			$	4,025,201
COLLATERALIZED MORTGAGE OBLIGATIONS – 8.2%
Commercial and residential – 4.3%
Angel Oak Mortgage Trust LLC
Series 2019-2, Class A1, 3.628%, 03/25/2049 (C)(E)		134,785		136,070
Series 2020-2, Class A1A, 2.531%, 01/26/2065 (C)(E)		269,482		273,565
Series 2020-5, Class A1, 1.373%, 05/25/2065 (C)(E)		219,920		220,948
Barclays Commercial Mortgage Trust Series 2019-C3, Class A3 3.319%, 05/15/2052		108,000		116,837
Benchmark Mortgage Trust
Series 2021-B28, Class A5, 2.224%, 08/15/2054 (E)		628,000		631,405
Series 2021-B29, Class A5, 2.388%, 09/15/2054		621,000		633,166
Bunker Hill Loan Depositary Trust Series 2019-2, Class A1 2.879%, 07/25/2049 (C)		511,957		517,901
BX Commercial Mortgage Trust Series 2021-VOLT, Class A (1 month LIBOR + 0.700%) 0.800%, 09/15/2036 (A)(C)		2,021,000		2,022,268
CD Mortgage Trust Series 2019-CD8, Class A4 2.912%, 08/15/2057		405,000		429,359
CFCRE Commercial Mortgage Trust Series 2017-C8, Class ASB 3.367%, 06/15/2050		305,000		325,451
COLT Mortgage Loan Trust
Series 2019-4, Class A1, 2.579%, 11/25/2049 (C)(E)		291,976		291,987
Series 2021-2, Class A1, 0.924%, 08/25/2066 (C)(E)		835,981		834,933
Commercial Mortgage Trust (Cantor Fitzgerald/Deutsche Bank AG)
Series 2013-CR10, Class A4, 4.210%, 08/10/2046 (E)		15,000		15,866
Series 2013-CR11, Class A4, 4.258%, 08/10/2050		1,838,000		1,953,170
Series 2013-CR6, Class A4, 3.101%, 03/10/2046		1,394,000		1,417,367

Core Bond Trust (continued)

		Shares or Principal Amount	Value
COLLATERALIZED MORTGAGE OBLIGATIONS (continued)
Commercial and residential (continued)
Commercial Mortgage Trust (Cantor Fitzgerald/Deutsche Bank AG) (continued)
Series 2014-UBS4, Class A4, 3.420%, 08/10/2047	$	730,000	$	765,054
Series 2015-LC21, Class A4, 3.708%, 07/10/2048		304,000		330,231
Series 2015-LC23, Class A3, 3.521%, 10/10/2048		379,000		402,482
CSAIL Commercial Mortgage Trust
Series 2015-C2, Class A4, 3.504%, 06/15/2057		424,000		455,117
Series 2015-C4, Class A4, 3.808%, 11/15/2048		337,000		368,537
Series 2019-C16, Class A3, 3.329%, 06/15/2052		891,000		964,392
Series 2019-C17, Class A4, 2.763%, 09/15/2052		429,000		448,365
Series 2021-C20, Class A3, 2.805%, 03/15/2054		234,000		244,800
GCAT Trust Series 2019-NQM1, Class A1 2.985%, 02/25/2059 (C)		171,826		172,324
GS Mortgage Securities Trust
Series 2013-GC14, Class A5, 4.243%, 08/10/2046		412,000		435,676
Series 2014-GC18, Class A4, 4.074%, 01/10/2047		971,000		1,032,514
Series 2020-GSA2, Class A4, 1.721%, 12/12/2053		806,000		781,242
Impact Funding Affordable Multifamily Housing Mortgage Loan Trust Series 2010-1, Class A1 5.314%, 01/25/2051 (C)		1,044,631		1,108,654
JPMBB Commercial Mortgage Securities Trust
Series 2013-C12, Class A5, 3.664%, 07/15/2045		602,000		626,180
Series 2014-C23, Class A4, 3.670%, 09/15/2047		355,857		376,979
Series 2015-C28, Class A3, 2.912%, 10/15/2048		1,646,379		1,698,347
JPMorgan Chase Commercial Mortgage Securities Trust
Series 2013-C16, Class A4, 4.166%, 12/15/2046		902,000		957,964
Series 2016-JP4, Class A3, 3.393%, 12/15/2049		362,000		389,581
Mello Warehouse Securitization Trust
Series 2020-2, Class A (1 month LIBOR + 0.800%), 0.886%, 11/25/2053 (A)(C)		982,000		984,372
Series 2021-1, Class A (1 month LIBOR + 0.700%), 0.784%, 02/25/2055 (A)(C)		288,000		288,659
Series 2021-2, Class A (1 month LIBOR + 0.750%), 0.836%, 04/25/2055 (A)(C)		786,000		786,808
MFRA Trust Series 2021-NQM2, Class A1 1.029%, 11/25/2064 (C)(E)		514,907		515,339

 

46

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Core Bond Trust (continued)

		Shares or Principal Amount	Value
COLLATERALIZED MORTGAGE OBLIGATIONS (continued)
Commercial and residential (continued)
Morgan Stanley Bank of America Merrill Lynch Trust
Series 2012-C5, Class A4, 3.176%, 08/15/2045	$	209,000	$	211,351
Series 2015-C20, Class A4, 3.249%, 02/15/2048		158,000		168,415
Morgan Stanley Capital Trust
Series 2020-HR8, Class A3, 1.790%, 07/15/2053		576,000		563,675
Series 2021-L6, Class A4, 2.444%, 06/15/2054		201,000		205,484
Series 2021-L7, Class A5, 2.574%, 09/15/2031 (B)		774,000		797,212
MSG III Securitization Trust Series 2021-1, Class A (1 month LIBOR + 0.750%) 0.836%, 06/25/2054 (A)(C)		489,000		488,840
New Residential Mortgage Loan Trust Series 2019-NQM4, Class A1 2.492%, 09/25/2059 (C)(E)		296,799		298,978
NewRez Warehouse Securitization Trust Series 2021-1, Class A (1 month LIBOR + 0.750%) 0.836%, 05/25/2055 (A)(C)		2,043,000		2,045,173
STAR Trust Series 2021-1, Class A1 1.219%, 05/25/2065 (C)(E)		512,260		513,081
Starwood Mortgage Residential Trust
Series 2020-1, Class A1, 2.275%, 02/25/2050 (C)(E)		593,099		598,207
Series 2020-3, Class A1, 1.486%, 04/25/2065 (C)(E)		558,632		561,002
Series 2020-INV1, Class A1, 1.027%, 11/25/2055 (C)(E)		444,846		444,165
Series 2021-4, Class A1, 1.162%, 08/25/2056 (C)(E)		1,056,000		1,056,849
Verus Securitization Trust
Series 2019-3, Class A1, 2.784%, 07/25/2059 (C)		476,058		479,027
Series 2019-4, Class A1, 2.642%, 11/25/2059 (C)		748,779		759,663
Series 2019-INV2, Class A1, 2.913%, 07/25/2059 (C)(E)		359,936		363,550
Series 2019-INV3, Class A1, 2.692%, 11/25/2059 (C)(E)		251,211		254,994
Series 2020-1, Class A1, 2.417%, 01/25/2060 (C)		917,030		927,981
Series 2020-2, Class A1, 2.226%, 05/25/2060 (C)(E)		430,961		433,592
Series 2020-5, Class A1, 1.218%, 05/25/2065 (C)		190,920		191,464
Series 2021-1, Class A1, 0.815%, 01/25/2066 (C)(E)		627,208		626,389
Series 2021-2, Class A1, 1.031%, 02/25/2066 (C)(E)		1,117,969		1,119,683
Series 2021-3, Class A1, 1.046%, 06/25/2066 (C)(E)		783,374		785,788
Series 2021-4, Class A1, 0.938%, 07/25/2066 (C)(E)		814,207		813,274
Series 2021-5, Class A1, 1.013%, 09/25/2066 (C)(E)		2,845,000		2,840,894
Series 2021-R1, Class A1, 0.820%, 10/25/2063 (C)(E)		701,394		700,625

Core Bond Trust (continued)

		Shares or Principal Amount	Value
COLLATERALIZED MORTGAGE OBLIGATIONS (continued)
Commercial and residential (continued)
Verus Securitization Trust (continued)
Series 2021-R3, Class A1, 1.020%, 04/25/2064 (C)(E)	$	696,246	$	697,713
Visio Trust Series 2020-1R, Class A1 1.312%, 11/25/2055 (C)		510,957		512,316
				43,413,295
U.S. Government Agency – 3.9%
Federal Home Loan Mortgage Corp.
Series 264, Class 30, 3.000%, 07/15/2042		1,488,117		1,546,881
Series 4205, Class PA, 1.750%, 05/15/2043		411,774		423,435
Series 4426, Class QC, 1.750%, 07/15/2037		741,488		758,781
Series 4705, Class A, 4.500%, 09/15/2042		180,629		182,631
Series 4742, Class PA, 3.000%, 10/15/2047		1,594,678		1,651,625
Series 4763, Class CA, 3.000%, 09/15/2038		225,228		239,267
Series 4767, Class KA, 3.000%, 03/15/2048		718,507		763,477
Series 4846, Class PF (1 month LIBOR + 0.350%), 0.434%, 12/15/2048 (A)		127,442		126,800
Series 4880, Class DA, 3.000%, 05/15/2050		938,791		997,258
Series 5091, Class AB, 1.500%, 03/25/2051		1,713,990		1,710,881
Series 5092, Class DT, 1.500%, 11/25/2049		1,859,462		1,866,168
Series 5119, Class AB, 1.500%, 08/25/2049		686,139		690,663
Federal National Mortgage Association
Series 2012-151, Class NX, 1.500%, 01/25/2043		482,257		484,574
Series 2013-11, Class AP, 1.500%, 01/25/2043		1,624,177		1,640,825
Series 2013-43, Class BP, 1.750%, 05/25/2043		558,971		573,720
Series 2014-73, Class MA, 2.500%, 11/25/2044		340,197		352,079
Series 2015-84, Class PA, 1.700%, 08/25/2033		1,958,609		2,016,148
Series 2016-48, Class MA, 2.000%, 06/25/2038		2,006,399		2,080,575
Series 2016-57, Class PC, 1.750%, 06/25/2046		3,738,757		3,772,708
Series 2017-13, Class PA, 3.000%, 08/25/2046		747,883		782,676
Series 2017-M7, Class A2, 2.961%, 02/25/2027 (E)		320,000		344,252
Series 2018-14, Class KC, 3.000%, 03/25/2048		1,245,259		1,322,332
Series 2018-15, Class AB, 3.000%, 03/25/2048		286,961		304,595
Series 2018-8, Class KL, 2.500%, 03/25/2047		755,210		785,531
Series 2019-25, Class PA, 3.000%, 05/25/2048		1,283,321		1,355,265
Series 2019-35, Class A, 3.000%, 07/25/2049		477,457		497,075

 

47

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Core Bond Trust (continued)

		Shares or Principal Amount	Value
COLLATERALIZED MORTGAGE OBLIGATIONS (continued)
U.S. Government Agency (continued)
Federal National Mortgage Association (continued)
Series 2020-48, Class AB, 2.000%, 07/25/2050	$	710,167	$	725,732
Series 2020-48, Class DA, 2.000%, 07/25/2050		2,259,190		2,290,838
Series 2021-27, Class EC, 1.500%, 05/25/2051		2,630,932		2,645,216
Series 414, Class A35, 3.500%, 10/25/2042		1,611,326		1,737,824
Government National Mortgage Association
Series 2012-141, Class WA, 4.537%, 11/16/2041 (E)		222,682		247,420
Series 2017-167, Class BQ, 2.500%, 08/20/2044		749,054		774,400
Series 2018-11, Class PC, 2.750%, 12/20/2047		779,982		800,982
Series 2019-132, Class NA, 3.500%, 09/20/2049		551,547		583,420
Series 2019-31, Class JC, 3.500%, 03/20/2049		462,156		494,494
Series 2021-23, Class MG, 1.500%, 02/20/2051		1,774,049		1,786,804
				39,357,352
TOTAL COLLATERALIZED MORTGAGE OBLIGATIONS (Cost $81,770,384)			$	82,770,647
ASSET BACKED SECURITIES – 8.4%
AmeriCredit Automobile Receivables Trust Series 2020-2, Class A2A 0.600%, 12/18/2023		448,878		449,213
Avis Budget Rental Car Funding AESOP LLC
Series 2017-1A, Class A 3.070%, 09/20/2023 (C)		637,000		650,202
Series 2019-3A, Class A 2.360%, 03/20/2026 (C)		678,000		705,206
Capital One Multi-Asset Execution Trust Series 2021-A2, Class A2 1.390%, 07/15/2030		2,730,000		2,701,049
College Ave Student Loans LLC
Series 2017-A, Class A1 (1 month LIBOR + 1.650%) 1.736%, 11/26/2046 (A)(C)		460,017		464,910
Series 2018-A, Class A2 4.130%, 12/26/2047 (C)		319,216		334,703
Series 2019-A, Class A2 3.280%, 12/28/2048 (C)		530,529		548,158
Series 2021-A, Class A2 1.600%, 07/25/2051 (C)		787,405		783,652
Ford Credit Auto Owner Trust
Series 2018-1, Class A 3.190%, 07/15/2031 (C)		597,000		639,228
Series 2019-1, Class A 3.520%, 07/15/2030 (C)		1,452,000		1,545,866
Series 2021-1, Class A 1.370%, 10/17/2033 (C)		653,000		655,758
GM Financial Revolving Receivables Trust Series 2021-1, Class A 1.170%, 06/12/2034 (C)		1,159,000		1,158,885

Core Bond Trust (continued)

		Shares or Principal Amount	Value
ASSET BACKED SECURITIES (continued)
Hertz Vehicle Financing III LP Series 2021-2A, Class A 1.680%, 12/27/2027 (C)	$	1,594,000	$	1,595,677
Hertz Vehicle Financing LLC Series 2021-1A, Class A 1.210%, 12/26/2025 (C)		542,000		543,725
Mercedes-Benz Auto Receivables Trust Series 2021-1, Class A3 0.460%, 06/15/2026		839,000		837,384
Navient Private Education Loan Trust
Series 2014-AA, Class A3 (1 month LIBOR + 1.600%) 1.684%, 10/15/2031 (A)(C)		470,000		478,590
Series 2016-AA, Class A2B (1 month LIBOR + 2.150%) 2.234%, 12/15/2045 (A)(C)		374,521		384,779
Series 2020-IA, Class A1A 1.330%, 04/15/2069 (C)		2,162,426		2,167,857
Navient Private Education Refi Loan Trust
Series 2018-A, Class A2 3.190%, 02/18/2042 (C)		32,461		32,832
Series 2018-CA, Class A2 3.520%, 06/16/2042 (C)		104,094		106,158
Series 2018-DA, Class A2A 4.000%, 12/15/2059 (C)		857,123		899,537
Series 2019-CA, Class A2 3.130%, 02/15/2068 (C)		916,685		939,221
Series 2019-D, Class A2A 3.010%, 12/15/2059 (C)		1,571,491		1,639,743
Series 2019-FA, Class A2 2.600%, 08/15/2068 (C)		1,052,512		1,075,276
Series 2019-GA, Class A 2.400%, 10/15/2068 (C)		522,837		532,604
Series 2020-BA, Class A2 2.120%, 01/15/2069 (C)		676,146		685,929
Series 2020-DA, Class A 1.690%, 05/15/2069 (C)		421,969		426,203
Series 2020-EA, Class A 1.690%, 05/15/2069 (C)		160,242		162,489
Series 2020-GA, Class A 1.170%, 09/16/2069 (C)		1,054,763		1,060,259
Series 2020-HA, Class A 1.310%, 01/15/2069 (C)		567,130		570,935
Series 2021-A, Class A 0.840%, 05/15/2069 (C)		287,634		287,214
Series 2021-BA, Class A 0.940%, 07/15/2069 (C)		366,065		365,402
Series 2021-CA, Class A 1.060%, 10/15/2069 (C)		2,208,425		2,212,134
Series 2021-EA, Class A 0.970%, 12/16/2069 (C)		2,398,863		2,390,220
Series 2021-FA, Class A 1.110%, 02/18/2070 (C)		2,622,000		2,612,447
Navient Student Loan Trust Series 2019-BA, Class A2A 3.390%, 12/15/2059 (C)		1,337,998		1,393,577
Nelnet Student Loan Trust
Series 2004-3, Class A5 (3 month LIBOR + 0.180%) 0.305%, 10/27/2036 (A)		1,066,238		1,052,072
Series 2004-4, Class A5 (3 month LIBOR + 0.160%) 0.285%, 01/25/2037 (A)		1,076,654		1,065,179
Series 2005-1, Class A5 (3 month LIBOR + 0.110%) 0.235%, 10/25/2033 (A)		3,245,931		3,201,072

 

48

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Core Bond Trust (continued)

		Shares or Principal Amount	Value
ASSET BACKED SECURITIES (continued)
Nelnet Student Loan Trust (continued)
Series 2005-2, Class A5 (3 month LIBOR + 0.100%) 0.225%, 03/23/2037 (A)	$	3,165,642	$	3,117,118
Series 2005-3, Class A5 (3 month LIBOR + 0.120%) 0.245%, 12/24/2035 (A)		2,174,844		2,145,032
Series 2005-4, Class A4 (3 month LIBOR + 0.180%) 0.305%, 03/22/2032 (A)		547,417		530,712
Santander Drive Auto Receivables Trust
Series 2020-1, Class A3 2.030%, 02/15/2024		186,411		186,785
Series 2020-3, Class A3 0.520%, 07/15/2024		530,264		530,480
Series 2020-4, Class A3 0.480%, 07/15/2024		528,000		528,536
Santander Retail Auto Lease Trust Series 2021-B, Class A3 0.510%, 08/20/2024 (C)		495,000		495,093
SLM Student Loan Trust
Series 2003-1, Class A5C (3 month LIBOR + 0.750%) 0.866%, 12/15/2032 (A)(C)		673,613		654,488
Series 2003-10A, Class A4 (3 month LIBOR + 0.670%) 0.786%, 12/17/2068 (A)(C)		1,670,000		1,673,120
Series 2007-2, Class A4 (3 month LIBOR + 0.060%) 0.185%, 07/25/2022 (A)		2,773,302		2,725,987
Series 2007-3, Class A4 (3 month LIBOR + 0.060%) 0.185%, 01/25/2022 (A)		749,745		731,966
Series 2010-1, Class A (1 month LIBOR + 0.400%) 0.486%, 03/25/2025 (A)		793,655		780,921
Series 2012-1, Class A3 (1 month LIBOR + 0.950%) 1.036%, 09/25/2028 (A)		1,861,037		1,842,155
Series 2012-2, Class A (1 month LIBOR + 0.700%) 0.786%, 01/25/2029 (A)		1,569,369		1,542,043
Series 2012-6, Class A3 (1 month LIBOR + 0.750%) 0.836%, 05/26/2026 (A)		1,078,381		1,057,925
SMB Private Education Loan Trust
Series 2015-B, Class A2B (1 month LIBOR + 1.200%) 1.284%, 07/15/2027 (A)(C)		129,063		129,325
Series 2016-A, Class A2A 2.700%, 05/15/2031 (C)		921,718		942,825
Series 2016-B, Class A2A 2.430%, 02/17/2032 (C)		141,305		144,507
Series 2016-B, Class A2B (1 month LIBOR + 1.450%) 1.534%, 02/17/2032 (A)(C)		55,513		56,241
Series 2016-C, Class A2B (1 month LIBOR + 1.100%) 1.184%, 09/15/2034 (A)(C)		381,903		383,961
Series 2018-C, Class A2A 3.630%, 11/15/2035 (C)		199,294		209,208
Series 2019-A, Class A2A 3.440%, 07/15/2036 (C)		434,411		453,062
Series 2020-B, Class A1A 1.290%, 07/15/2053 (C)		1,282,069		1,286,348
Series 2020-PTA, Class A2A 1.600%, 09/15/2054 (C)		1,208,623		1,221,648

Core Bond Trust (continued)

		Shares or Principal Amount	Value
ASSET BACKED SECURITIES (continued)
SMB Private Education Loan Trust (continued)
Series 2020-PTB, Class A2A 1.600%, 09/15/2054 (C)	$	3,709,160	$	3,749,337
Series 2021-A, Class APT1 1.070%, 01/15/2053 (C)		3,763,034		3,706,995
Series 2021-B, Class A 1.310%, 07/17/2051 (C)		1,570,522		1,569,788
Series 2021-C, Class A1 (1 month LIBOR + 0.400%) 0.484%, 01/15/2053 (A)(C)		635,878		636,386
Series 2021-C, Class A2 (1 month LIBOR + 0.800%) 0.884%, 01/15/2053 (A)(C)		1,275,000		1,275,000
Series 2021-D, Class A1A 1.340%, 03/17/2053 (C)		2,460,000		2,459,506
SoFi Professional Loan Program LLC
Series 2016-A, Class A2 2.760%, 12/26/2036 (C)		206,099		207,502
Series 2016-E, Class A1 (1 month LIBOR + 0.850%) 0.936%, 07/25/2039 (A)(C)		49,429		49,500
Series 2017-A, Class A1 (1 month LIBOR + 0.700%) 0.786%, 03/26/2040 (A)(C)		48,395		48,458
Series 2017-D, Class A2FX 2.650%, 09/25/2040 (C)		51,106		52,091
Series 2017-E, Class A1 (1 month LIBOR + 0.500%) 0.586%, 11/26/2040 (A)(C)		26,856		26,869
Series 2017-E, Class A2B 2.720%, 11/26/2040 (C)		833,203		845,537
Series 2018-A, Class A2B 2.950%, 02/25/2042 (C)		294,252		299,486
Series 2020-C, Class AFX 1.950%, 02/15/2046 (C)		908,431		923,311
Series 2021-A, Class AFX 1.030%, 08/17/2043 (C)		547,178		546,441
Series 2021-B, Class AFX 1.140%, 02/15/2047 (C)		965,000		963,939
Tesla Auto Lease Trust Series 2021-A, Class A3 0.560%, 03/20/2025 (C)		382,000		382,778
Toyota Auto Loan Extended Note Trust
Series 2020-1A, Class A 1.350%, 05/25/2033 (C)		679,000		688,058
Series 2021-1A, Class A 1.070%, 02/27/2034 (C)		1,777,000		1,773,180
Triton Container Finance VIII LLC Series 2020-1A, Class A 2.110%, 09/20/2045 (C)		390,705		393,262
Verizon Master Trust Series 2021-1, Class A 0.500%, 05/20/2027		1,614,000		1,610,742
TOTAL ASSET BACKED SECURITIES (Cost $84,661,555)			$	84,932,997

 

49

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Core Bond Trust (continued)

	Shares or Principal Amount	Value
SHORT-TERM INVESTMENTS – 3.2%
Short-term funds – 3.2%
John Hancock Collateral Trust, 0.0303% (F)(G)	395,734	$	3,959,790
State Street Institutional U.S. Government Money Market Fund, Premier Class, 0.0250% (F)	27,868,587		27,868,587
TOTAL SHORT-TERM INVESTMENTS (Cost $31,828,442)		$	31,828,377
Total Investments (Core Bond Trust) (Cost $1,118,786,470) – 110.9%		$	1,119,856,248
Other assets and liabilities, net – (10.9%)			(109,724,727)
TOTAL NET ASSETS – 100.0%		$	1,010,131,521

Security Abbreviations and Legend
CMT	Constant Maturity Treasury
LIBOR	London Interbank Offered Rate
SOFR	Secured Overnight Financing Rate
TBA	To Be Announced. A forward mortgage-backed securities trade issued by a U.S. Government Agency, to be delivered at an agreed-upon future settlement date.
(A)	Variable rate obligation. The coupon rate shown represents the rate at period end.
(B)	Security purchased or sold on a when-issued or delayed delivery basis.
(C)	These 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. Rule 144A securities amounted to $145,008,185 or 14.4% of the fund's net assets as of 9-30-21.
(D)	All or a portion of this security is on loan as of 9-30-21. The value of securities on loan amounted to $3,873,569.
(E)	Variable or floating rate security, the interest rate of which adjusts periodically based on a weighted average of interest rates and prepayments on the underlying pool of assets. The interest rate shown is the current rate as of period end.
(F)	The rate shown is the annualized seven-day yield as of 9-30-21.
(G)	Investment is an affiliate of the fund, the advisor and/or subadvisor. This security represents the investment of cash collateral received for securities lending.

Disciplined Value International Trust

	Shares or Principal Amount	Value
COMMON STOCKS - 96.3%
Austria - 0.4%
ANDRITZ AG	24,263	$	1,329,747
Bermuda - 1.6%
Everest Re Group, Ltd.	19,423		4,870,900
Canada - 4.3%
Canadian Natural Resources, Ltd.	108,091		3,952,072
Cenovus Energy, Inc.	775,385		7,817,517
Kinross Gold Corp.	323,086		1,731,741
			13,501,330
China - 1.0%
Angang Steel Company, Ltd., H Shares	2,816,000		1,722,827
Topsports International Holdings, Ltd. (A)	1,140,000		1,294,700
			3,017,527
Finland - 2.5%
Metso Outotec OYJ	203,040		1,852,960
Nordea Bank ABP	205,969		2,654,175

Disciplined Value International Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Finland (continued)
Sampo OYJ, A Shares	68,608	$	3,392,024
			7,899,159
France - 14.5%
Airbus SE (B)	36,786		4,876,921
AXA SA	103,807		2,876,819
BNP Paribas SA (C)	72,814		4,658,674
Capgemini SE	12,453		2,582,454
Cie de Saint-Gobain	38,924		2,619,461
Eiffage SA	23,610		2,386,182
Imerys SA	50,209		2,163,167
Klepierre SA (B)	94,992		2,124,346
Rexel SA (B)	263,091		5,069,253
Sanofi	81,428		7,838,561
TotalEnergies SE	173,362		8,286,318
			45,482,156
Germany - 7.0%
Allianz SE	11,075		2,481,298
Deutsche Telekom AG	229,082		4,594,039
E.ON SE	176,166		2,150,222
Hannover Rueck SE	19,392		3,376,934
HeidelbergCement AG	10,290		767,666
Rheinmetall AG	12,668		1,237,385
Siemens AG	44,284		7,242,669
			21,850,213
Greece - 0.7%
Hellenic Telecommunications Organization SA	110,699		2,077,950
India - 0.4%
HDFC Bank, Ltd., ADR	15,581		1,138,815
Ireland - 1.9%
CRH PLC	62,465		2,948,018
Flutter Entertainment PLC (B)	14,616		2,874,916
			5,822,934
Italy - 0.7%
Enel SpA	292,125		2,242,115
Japan - 13.7%
Asahi Group Holdings, Ltd.	62,600		3,020,787
Fuji Corp. (Aichi)	98,700		2,506,279
Honda Motor Company, Ltd.	177,900		5,469,324
Komatsu, Ltd.	170,400		4,080,812
Mitsubishi Gas Chemical Company, Inc.	100,500		1,981,822
Nihon Unisys, Ltd.	67,100		1,737,732
Resona Holdings, Inc. (C)	669,600		2,678,410
Sanwa Holdings Corp.	104,400		1,357,284
Sony Group Corp.	39,500		4,385,241
Sumitomo Heavy Industries, Ltd.	119,800		3,122,221
Sumitomo Mitsui Financial Group, Inc.	141,500		4,977,880
Tosoh Corp.	101,500		1,839,356
TS Tech Company, Ltd.	115,200		1,480,215
Yamaha Motor Company, Ltd.	157,200		4,376,424
			43,013,787
Macau - 0.2%
Wynn Macau, Ltd. (B)(C)	745,600		627,420
Malta - 0.0%
BGP Holdings PLC (B)(D)	2,126,418		0
Netherlands - 5.1%
ING Groep NV	341,509		4,965,015
Royal Dutch Shell PLC, A Shares	228,254		5,076,181
Stellantis NV	312,958		5,964,422
			16,005,618
Norway - 1.4%
DNB Bank ASA (B)	102,188		2,323,213

 

50

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Disciplined Value International Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Norway (continued)
Norsk Hydro ASA	275,406	$	2,055,628
			4,378,841
South Korea - 6.5%
Hana Financial Group, Inc.	108,791		4,228,905
KB Financial Group, Inc.	83,139		3,866,589
KT Corp., ADR	99,414		1,354,019
POSCO	6,238		1,717,688
Samsung Electronics Company, Ltd.	80,925		5,016,913
SK Telecom Company, Ltd.	14,816		4,024,268
			20,208,382
Spain - 0.6%
Applus Services SA	191,132		1,820,232
Sweden - 4.1%
Svenska Handelsbanken AB, A Shares	565,534		6,333,645
Volvo AB, B Shares	294,044		6,564,970
			12,898,615
Switzerland - 12.2%
Adecco Group AG	52,959		2,653,549
Glencore PLC (B)	1,946,144		9,154,870
Novartis AG	85,653		7,023,479
Roche Holding AG	19,374		7,070,928
STMicroelectronics NV	67,897		2,964,491
UBS Group AG	591,537		9,441,886
			38,309,203
United Kingdom - 14.7%
BAE Systems PLC	244,790		1,854,054
Coca-Cola Europacific Partners PLC	122,445		6,769,984
GlaxoSmithKline PLC	119,257		2,250,758
IMI PLC	185,666		4,127,159
Liberty Global PLC, Series A (B)	225,736		6,726,933
Melrose Industries PLC	1,181,144		2,742,269
NatWest Group PLC	1,073,124		3,235,316
Nomad Foods, Ltd. (B)	93,779		2,584,549
Persimmon PLC	59,165		2,116,034
SSE PLC	150,858		3,176,336
Tesco PLC	1,502,541		5,117,105
Travis Perkins PLC	258,453		5,313,952
			46,014,449
United States - 2.8%
Applied Materials, Inc.	14,207		1,828,867
Envista Holdings Corp. (B)	109,968		4,597,762
FMC Corp.	26,457		2,422,403
			8,849,032
TOTAL COMMON STOCKS (Cost $273,658,950)		$	301,358,425
PREFERRED SECURITIES - 1.3%
Germany - 1.3%
Volkswagen AG	18,848		4,201,253
TOTAL PREFERRED SECURITIES (Cost $3,970,939)		$	4,201,253
SHORT-TERM INVESTMENTS - 3.2%
Short-term funds - 3.2%
Fidelity Institutional Money Market Government Portfolio, Institutional Class, 0.0100% (E)	5,091,318		5,091,318
John Hancock Collateral Trust, 0.0303% (E)(F)	484,966		4,852,664
TOTAL SHORT-TERM INVESTMENTS (Cost $9,944,079)		$	9,943,982
Total Investments (Disciplined Value International Trust) (Cost $287,573,968) - 100.8%		$	315,503,660
Other assets and liabilities, net - (0.8%)			(2,575,061)
TOTAL NET ASSETS - 100.0%		$	312,928,599

Disciplined Value International Trust (continued)

Security Abbreviations and Legend
ADR	American Depositary Receipt
(A)	These 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.
(B)	Non-income producing security.
(C)	All or a portion of this security is on loan as of 9-30-21. The value of securities on loan amounted to $6,098,149. In addition to the cash collateral invested in John Hancock Collateral Trust, non-cash collateral of $1,601,366 in the form of U.S. Treasuries was pledged to the fund.
(D)	Security is valued using significant unobservable inputs and is classified as Level 3 in the fair value hierarchy.
(E)	The rate shown is the annualized seven-day yield as of 9-30-21.
(F)	Investment is an affiliate of the fund, the advisor and/or subadvisor. This security represents the investment of cash collateral received for securities lending.

Emerging Markets Value Trust

	Shares or Principal Amount	Value
COMMON STOCKS - 97.0%
Australia - 0.0%
MMG, Ltd. (A)	108,000	$	44,872
Belgium - 0.0%
Titan Cement International SA (A)	2,489		41,307
Brazil - 2.7%
Banco Bradesco SA	63,196		207,259
Banco do Brasil SA	54,283		288,074
Banco Santander Brasil SA	17,518		113,779
BrasilAgro - Company Brasileira de Propriedades Agricolas	4,600		25,721
Camil Alimentos SA	10,600		19,212
Cia Brasileira de Distribuicao	10,547		49,852
Cielo SA	59,300		24,936
Cogna Educacao (A)	186,166		92,643
Construtora Tenda SA	4,000		12,935
Cyrela Brazil Realty SA Empreendimentos e Participacoes	17,823		58,911
Direcional Engenharia SA	8,400		17,615
Enauta Participacoes SA	16,860		42,725
Guararapes Confeccoes SA	4,400		10,932
International Meal Company Alimentacao SA (A)	26,670		15,672
Iochpe Maxion SA (A)	11,411		36,963
JBS SA	71,790		488,685
JHSF Participacoes SA	28,427		30,903
M Dias Branco SA	5,032		30,530
Marisa Lojas SA (A)	14,758		14,119
MRV Engenharia e Participacoes SA	15,337		34,613
Petroleo Brasileiro SA	362,947		1,876,134
Positivo Tecnologia SA	9,000		16,940
Sao Carlos Empreendimentos e Participacoes SA	5,205		35,173
TIM SA	55,934		120,686
Trisul SA	13,137		17,610
Tupy SA	9,951		36,857
Ultrapar Participacoes SA	3,860		10,448
Usinas Siderurgicas de Minas Gerais SA	14,738		42,544
Vale SA	203,870		2,854,161
			6,626,632
Canada - 0.0%
Atlas Corp. (B)	5,652		85,854
Chile - 0.4%
Camanchaca SA (A)	214,992		10,043

 

51

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Emerging Markets Value Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Chile (continued)
CAP SA	5,458	$	58,065
Cementos BIO BIO SA	16,447		15,609
Cencosud SA	133,449		258,387
Cristalerias de Chile SA	3,626		11,911
Empresa Nacional de Telecomunicaciones SA	15,564		64,723
Empresas CMPC SA	53,560		100,793
Empresas COPEC SA	21,339		177,258
Empresas Hites SA (A)	46,731		7,861
Enel Americas SA	186,643		22,055
Grupo Security SA	147,513		23,590
Hortifrut SA	9,101		9,805
Inversiones Aguas Metropolitanas SA	42,648		22,121
Itau CorpBanca Chile SA (A)	10,081,598		24,728
Masisa SA (A)	321,066		4,359
PAZ Corp. SA	16,523		6,119
Ripley Corp. SA (A)	137,631		25,331
Salfacorp SA	54,622		20,997
Sigdo Koppers SA	50,989		49,437
SMU SA	43,046		4,389
Sociedad Matriz SAAM SA	670,600		46,787
Socovesa SA	113,429		15,958
SONDA SA	17,248		7,443
			987,769
China - 24.0%
360 Security Technology, Inc., Class A (A)	7,600		13,930
361 Degrees International, Ltd. (A)	119,000		57,422
3SBio, Inc. (A)(C)	146,500		143,518
AAC Technologies Holdings, Inc.	79,500		375,954
Agile Group Holdings, Ltd.	157,000		146,420
Agricultural Bank of China, Ltd., H Shares	1,681,000		577,475
Air China, Ltd., H Shares (A)	152,000		100,276
Alibaba Group Holding, Ltd. (A)	51,400		951,617
Aluminum Corp. of China, Ltd., H Shares (A)	372,000		276,315
Angang Steel Company, Ltd., H Shares	193,800		118,567
Anhui Conch Cement Company, Ltd., H Shares	137,000		739,999
Anton Oilfield Services Group (A)	284,000		18,023
Asia Cement China Holdings Corp.	65,000		51,043
AsiaInfo Technologies, Ltd. (C)	17,200		28,461
Avary Holding Shenzhen Company, Ltd., Class A	4,500		23,162
AviChina Industry & Technology Company, Ltd., H Shares	230,000		144,700
BAIC Motor Corp., Ltd., H Shares (C)	207,000		71,507
Baidu, Inc., ADR (A)	14,801		2,275,654
Baidu, Inc., Class A (A)	15,600		299,966
BAIOO Family Interactive, Ltd. (C)	126,000		11,884
Bank of Chengdu Company, Ltd., Class A	22,000		40,088
Bank of China, Ltd., H Shares	5,614,694		1,983,870
Bank of Chongqing Company, Ltd., H Shares	69,500		38,547
Bank of Communications Company, Ltd., H Shares	705,876		417,806
Bank of Ningbo Company, Ltd., Class A	28,300		153,440
Bank of Shanghai Company, Ltd., Class A	17,500		19,753
Bank of Tianjin Company, Ltd., H Shares (A)	74,000		32,595
Baoshan Iron & Steel Company, Ltd., Class A	91,300		121,988

Emerging Markets Value Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
China (continued)
Baoye Group Company, Ltd., H Shares (A)	22,000	$	10,838
Baozun, Inc., Class A (A)	1,300		7,558
BBMG Corp., H Shares	220,000		37,407
Beijing Capital International Airport Company, Ltd., H Shares (A)	236,000		138,348
Beijing Dabeinong Technology Group Company, Ltd., Class A	18,200		21,262
Beijing New Building Materials PLC, Class A	9,000		44,162
Beijing North Star Company, Ltd., H Shares	132,000		22,373
Beijing Urban Construction Design & Development Group Company, Ltd., H Shares (C)	35,000		10,731
BOE Technology Group Company, Ltd., Class A	179,100		139,084
Boyaa Interactive International, Ltd. (A)	63,000		3,931
BYD Electronic International Company, Ltd.	70,000		244,812
Cabbeen Fashion, Ltd.	40,000		15,691
Caitong Securities Company, Ltd., Class A	12,600		21,078
CECEP Wind-Power Corp., Class A	19,600		23,947
Central China Management Company, Ltd.	113,732		20,203
Central China Real Estate, Ltd.	113,732		21,982
Changjiang Securities Company, Ltd., Class A	11,500		13,555
Chaowei Power Holdings, Ltd.	88,000		25,229
Cheetah Mobile, Inc., ADR (A)	4,594		7,488
China Aoyuan Group, Ltd.	134,000		70,634
China BlueChemical, Ltd., H Shares	264,000		96,361
China Cinda Asset Management Company, Ltd., H Shares	1,012,000		170,906
China CITIC Bank Corp., Ltd., H Shares	730,775		329,381
China Coal Energy Company, Ltd., H Shares	178,000		135,069
China Communications Services Corp., Ltd., H Shares	217,200		120,116
China Conch Venture Holdings, Ltd.	109,000		506,128
China Construction Bank Corp., H Shares	7,044,000		5,027,181
China Development Bank Financial Leasing Company, Ltd., H Shares (C)	122,000		17,376
China Dili Group (A)	190,600		46,977
China Dongxiang Group Company, Ltd.	361,000		39,499
China East Education Holdings, Ltd. (A)(C)	45,000		46,434
China Eastern Airlines Corp., Ltd., H Shares (A)	276,000		105,494
China Electronics Optics Valley Union Holding Company, Ltd.	308,000		15,803
China Energy Engineering Corp., Ltd., H Shares (B)	162,000		26,268
China Everbright Bank Company, Ltd., H Shares	286,000		100,670
China Galaxy Securities Company, Ltd., H Shares	301,000		174,566
China Hanking Holdings, Ltd.	61,000		12,081
China Harmony Auto Holding, Ltd.	105,500		55,526
China Hongqiao Group, Ltd.	249,000		316,002
China Huarong Asset Management Company, Ltd., H Shares (A)(C)(D)	1,070,000		70,099
China Huiyuan Juice Group, Ltd. (A)(D)	212,500		13,785

 

52

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Emerging Markets Value Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
China (continued)
China International Capital Corp., Ltd., H Shares (C)	8,400	$	21,959
China International Marine Containers Group Company, Ltd., H Shares	64,700		136,157
China Kepei Education Group, Ltd.	68,000		35,900
China Lesso Group Holdings, Ltd.	133,000		211,687
China Life Insurance Company, Ltd., H Shares	379,000		619,762
China Lilang, Ltd.	72,000		41,676
China Literature, Ltd. (A)(C)	2,800		21,249
China Maple Leaf Educational Systems, Ltd. (A)	222,000		39,641
China Medical System Holdings, Ltd.	146,000		266,083
China Merchants Bank Company, Ltd., H Shares	302,500		2,407,340
China Merchants Energy Shipping Company, Ltd., Class A	24,100		20,575
China Merchants Securities Company, Ltd., H Shares (C)	29,480		46,974
China Minsheng Banking Corp., Ltd., H Shares (B)	430,900		172,905
China Modern Dairy Holdings, Ltd. (B)	171,000		32,231
China Molybdenum Company, Ltd., H Shares	213,000		131,501
China National Building Material Company, Ltd., H Shares	539,450		725,651
China New Higher Education Group, Ltd. (C)	88,000		40,823
China Oilfield Services, Ltd., H Shares	182,000		172,238
China Oriental Group Company, Ltd.	164,000		50,629
China Pacific Insurance Group Company, Ltd., H Shares	220,200		653,862
China Petroleum & Chemical Corp., ADR (B)	6,198		304,756
China Petroleum & Chemical Corp., H Shares	1,262,000		621,903
China Railway Group, Ltd., H Shares	379,000		188,104
China Railway Signal & Communication Corp., Ltd., H Shares (C)	207,000		74,774
China Reinsurance Group Corp., H Shares	554,000		62,480
China Resources Medical Holdings Company, Ltd.	103,000		83,192
China Resources Pharmaceutical Group, Ltd. (C)	195,500		95,955
China Resources Sanjiu Medical & Pharmaceutical Company, Ltd., Class A	2,400		10,481
China Sanjiang Fine Chemicals Company, Ltd.	105,000		36,323
China SCE Group Holdings, Ltd.	266,200		93,074
China Shanshui Cement Group, Ltd. (A)	117,000		30,676
China Shenhua Energy Company, Ltd., H Shares	353,500		823,460
China Shineway Pharmaceutical Group, Ltd.	32,000		30,440
China Silver Group, Ltd. (A)	94,000		6,487
China Southern Airlines Company, Ltd., H Shares (A)	132,000		74,172
China Sunshine Paper Holdings Company, Ltd. (A)	31,500		7,258
China Taifeng Beddings Holdings, Ltd. (A)(D)	204,000		12,736
China Tower Corp., Ltd., H Shares (C)	3,970,000		518,806
China Vanke Company, Ltd., H Shares	199,992		546,841

Emerging Markets Value Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
China (continued)
China XLX Fertiliser, Ltd.	58,000	$	45,299
China Yongda Automobiles Services Holdings, Ltd.	101,000		145,747
China Yuhua Education Corp., Ltd. (C)	162,000		78,266
China ZhengTong Auto Services Holdings, Ltd. (A)	160,000		18,004
China Zheshang Bank Company, Ltd., H Shares	42,000		16,898
China Zhongwang Holdings, Ltd. (A)(D)	196,800		42,471
Chongqing Changan Automobile Company, Ltd., Class A	14,300		36,769
Chongqing Rural Commercial Bank Company, Ltd., H Shares	311,000		113,049
CIFI Holdings Group Company, Ltd.	341,380		231,749
CITIC Securities Company, Ltd., H Shares	123,500		313,089
CITIC, Ltd.	460,130		487,158
Cogobuy Group (A)(B)(C)	74,000		23,865
Colour Life Services Group Company, Ltd. (A)(B)	6,169		2,009
Consun Pharmaceutical Group, Ltd.	19,000		8,703
COSCO SHIPPING Development Company, Ltd., H Shares	434,000		85,740
COSCO SHIPPING Energy Transportation Company, Ltd., H Shares	168,000		82,059
Cosmo Lady China Holdings Company, Ltd. (A)(C)	29,000		2,598
Country Garden Holdings Company, Ltd. (B)	912,471		940,855
CPMC Holdings, Ltd.	76,000		39,714
CSPC Pharmaceutical Group, Ltd.	76,000		90,695
CT Environmental Group, Ltd. (A)(D)	164,000		2,507
DaFa Properties Group, Ltd. (B)	27,000		17,402
Dali Foods Group Company, Ltd. (C)	180,500		108,727
Dexin China Holdings Company, Ltd. (A)	66,000		23,689
Dongfang Electric Corp., Ltd., H Shares	29,000		47,664
Dongfeng Motor Group Company, Ltd., H Shares	210,000		187,005
DouYu International Holdings, Ltd., ADR (A)	3,398		11,179
E-Commodities Holdings, Ltd.	348,000		34,182
E-House China Enterprise Holdings, Ltd.	75,000		11,343
Everbright Securities Company, Ltd., H Shares (B)(C)	25,600		19,765
Fang Holdings, Ltd., ADR (A)	10		63
Fantasia Holdings Group Company, Ltd. (A)(B)	172,500		12,368
FAW Jiefang Group Company, Ltd., Class A	9,300		15,389
FinVolution Group, ADR	6,795		38,324
First Tractor Company, Ltd., H Shares (B)	36,000		17,481
Fosun International, Ltd.	195,460		237,533
Fu Shou Yuan International Group, Ltd.	103,000		85,675
Fufeng Group, Ltd. (A)	240,200		84,825
GDS Holdings, Ltd., H Shares (A)	19,000		134,723
Genertec Universal Medical Group Company, Ltd. (C)	99,000		77,400
GF Securities Company, Ltd., H Shares	102,600		178,918
Grand Baoxin Auto Group, Ltd. (A)	219,500		24,700
Greatview Aseptic Packaging Company, Ltd.	44,000		16,326

 

53

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Emerging Markets Value Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
China (continued)
Gree Electric Appliances, Inc. of Zhuhai, Class A	15,900	$	94,942
Greenland Hong Kong Holdings, Ltd.	88,000		21,999
Greentown China Holdings, Ltd. (B)	102,500		154,585
Greentown Service Group Company, Ltd.	98,000		106,321
Guanghui Energy Company, Ltd., Class A (A)	15,400		20,563
Guangshen Railway Company, Ltd., ADR (A)	3,552		32,501
Guangshen Railway Company, Ltd., H Shares (A)	34,000		6,271
Guangzhou Automobile Group Company, Ltd., H Shares	210,000		184,536
Guangzhou Baiyunshan Pharmaceutical Holdings Company, Ltd., H Shares	24,000		60,740
Guangzhou R&F Properties Company, Ltd., H Shares (B)	201,600		155,126
Guorui Properties, Ltd. (A)	84,000		3,239
Guosen Securities Company, Ltd., Class A	16,400		29,903
Guotai Junan Securities Company, Ltd., H Shares (C)	34,600		49,857
Haichang Ocean Park Holdings, Ltd. (A)(C)	181,000		47,892
Haier Smart Home Company, Ltd., H Shares	191,600		669,806
Haitian International Holdings, Ltd.	70,000		217,186
Haitong Securities Company, Ltd., H Shares	188,000		171,387
Harbin Bank Company, Ltd., H Shares (A)(C)	74,000		7,677
Harbin Electric Company, Ltd., H Shares (A)	128,000		60,609
HC Group, Inc. (A)	98,000		10,246
Hello Group, Inc., ADR	17,548		185,658
Hengan International Group Company, Ltd.	70,000		373,282
Hiroca Holdings, Ltd.	8,000		13,429
Hisense Home Appliances Group Company, Ltd., H Shares	39,000		42,238
Honghua Group, Ltd. (A)	367,000		11,127
Honworld Group, Ltd. (A)(C)(D)	56,000		19,876
Hope Education Group Company, Ltd. (C)	352,000		52,532
Hua Hong Semiconductor, Ltd. (A)(C)	27,000		138,488
Huadong Medicine Company, Ltd., Class A	4,620		21,190
Huatai Securities Company, Ltd., H Shares (C)	112,800		173,841
Huayu Automotive Systems Company, Ltd., Class A	14,900		52,398
Huishang Bank Corp., Ltd., H Shares (A)	63,300		20,827
Humanwell Healthcare Group Company, Ltd., Class A	5,200		16,277
Huolinhe Opencut Coal Industry Corp., Ltd. of Inner Mongolia, Class A	8,600		20,042
iDreamSky Technology Holdings, Ltd. (A)(C)	32,000		17,123
Industrial & Commercial Bank of China, Ltd., H Shares	5,411,000		2,999,448
Industrial Bank Company, Ltd., Class A	62,600		176,135
Inke, Ltd. (A)	75,000		14,424
Inner Mongolia BaoTou Steel Union Company, Ltd., Class A (A)	120,200		58,401

Emerging Markets Value Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
China (continued)
Inner Mongolia Yitai Coal Company, Ltd., H Shares	25,700	$	20,754
Inspur Electronic Information Industry Company, Ltd., Class A	4,600		20,227
JD.com, Inc., Class A (A)	13,650		492,114
JH Educational Technology, Inc. (A)	42,000		10,099
Jiangxi Copper Company, Ltd., H Shares	99,000		176,132
Jiangxi Zhengbang Technology Company, Ltd., Class A	14,100		20,483
Jingrui Holdings, Ltd. (A)	69,000		20,568
JinkoSolar Holding Company, Ltd., ADR (A)(B)	5,009		229,462
JNBY Design, Ltd.	11,000		19,095
Jointown Pharmaceutical Group Company, Ltd., Class A	7,700		18,460
Kaisa Group Holdings, Ltd. (A)	294,857		80,232
Kaisa Prosperity Holdings, Ltd. (A)	4,000		11,102
Kangda International Environmental Company, Ltd. (A)(C)	140,000		15,587
Kasen International Holdings, Ltd. (A)	119,000		9,077
Kingsoft Corp., Ltd.	93,600		372,657
KWG Group Holdings, Ltd.	177,013		172,643
KWG Living Group Holdings, Ltd.	88,506		65,373
Legend Holdings Corp., H Shares (C)	66,200		127,796
Lenovo Group, Ltd.	762,000		994,581
Lens Technology Company, Ltd., Class A	8,800		28,267
LexinFintech Holdings, Ltd., ADR (A)	14,967		88,156
Liaoning Port Company, Ltd., H Shares	204,000		19,867
Lingyi iTech Guangdong Company, Class A (A)	40,900		40,708
Livzon Pharmaceutical Group, Inc., H Shares	17,400		63,706
Logan Group Company, Ltd.	166,000		173,231
Longfor Group Holdings, Ltd. (C)	201,500		920,671
Lonking Holdings, Ltd.	277,000		83,550
Luxi Chemical Group Company, Ltd., Class A	6,400		18,530
Luye Pharma Group, Ltd. (A)(C)	235,000		122,092
Maanshan Iron & Steel Company, Ltd., H Shares	108,000		49,023
Metallurgical Corp. of China, Ltd., H Shares	185,000		56,628
Minth Group, Ltd.	88,000		301,054
MOBI Development Company, Ltd. (A)	70,000		3,369
Modern Land China Company, Ltd.	88,000		6,560
Nature Home Holding Company, Ltd. (A)	59,000		11,828
NetDragon Websoft Holdings, Ltd.	17,000		38,235
New China Life Insurance Company, Ltd., H Shares	86,800		255,555
New Hope Liuhe Company, Ltd., Class A (A)	16,500		37,545
NVC International Holdings, Ltd. (A)	267,000		6,365
Orient Securities Company, Ltd., H Shares (C)	42,000		40,805
PetroChina Company, Ltd., H Shares	2,098,000		982,630
PICC Property & Casualty Company, Ltd., H Shares	592,000		574,280
Ping An Bank Company, Ltd., Class A	90,100		248,750
Ping An Insurance Group Company of China, Ltd., H Shares	446,500		3,053,782
Postal Savings Bank of China Company, Ltd., H Shares (C)	534,000		367,101

 

54

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Emerging Markets Value Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
China (continued)
Power Construction Corp. of China, Ltd., Class A	44,500	$	58,258
Powerlong Real Estate Holdings, Ltd.	178,000		134,172
Q Technology Group Company, Ltd.	37,000		53,122
Qingdao Port International Company, Ltd., H Shares (C)	19,000		9,902
Qingling Motors Company, Ltd., H Shares	128,000		26,698
Qunxing Paper Holdings Company, Ltd. (A)(D)	634,371		0
Red Star Macalline Group Corp., Ltd., H Shares (A)(C)	62,480		36,220
Redco Properties Group, Ltd. (C)	96,000		35,716
Redsun Properties Group, Ltd.	93,000		28,735
Ronshine China Holdings, Ltd. (A)	61,500		30,697
SAIC Motor Corp., Ltd., Class A	17,500		51,504
Sailun Group Company, Ltd., Class A	14,200		25,136
Sany Heavy Equipment International Holdings Company, Ltd.	99,000		117,125
Sany Heavy Industry Company, Ltd., Class A	39,000		152,845
Seazen Group, Ltd. (A)	240,000		191,575
Shaanxi Coal Industry Company, Ltd., Class A	24,600		56,064
Shandong Chenming Paper Holdings, Ltd., H Shares (B)	41,000		23,383
Shandong Gold Mining Company, Ltd., H Shares (B)(C)	63,500		112,460
Shandong Molong Petroleum Machinery Company, Ltd., H Shares (A)	33,600		19,327
Shandong Weigao Group Medical Polymer Company, Ltd., H Shares	252,000		447,155
Shanghai Electric Group Company, Ltd., H Shares	158,000		49,267
Shanghai Fosun Pharmaceutical Group Company, Ltd., H Shares	22,500		115,185
Shanghai International Port Group Company, Ltd., Class A	22,000		20,686
Shanghai Jin Jiang Capital Company, Ltd., H Shares	244,000		48,961
Shanghai Pharmaceuticals Holding Company, Ltd., H Shares	91,200		176,764
Shanghai Pudong Development Bank Company, Ltd., Class A	83,200		115,563
Shanghai RAAS Blood Products Company, Ltd., Class A	9,700		10,228
Shanxi Coking Coal Energy Group Company, Ltd., Class A	22,900		41,606
Shanxi Lu'an Environmental Energy Development Company, Ltd., Class A	11,400		26,239
Shengjing Bank Company, Ltd., H Shares (A)(C)	17,500		15,707
Shenguan Holdings Group, Ltd.	90,000		4,537
Shenwan Hongyuan Group Company, Ltd., H Shares (C)	143,200		37,858
Shenzhen Overseas Chinese Town Company, Ltd., Class A	44,000		50,743
Shijiazhuang Yiling Pharmaceutical Company, Ltd., Class A	4,100		10,551
Shui On Land, Ltd.	390,961		58,583
Sichuan Hebang Biotechnology Company, Ltd., H Shares (A)	32,700		19,816
Sichuan Road & Bridge Company, Ltd., Class A	13,800		17,943

Emerging Markets Value Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
China (continued)
Sihuan Pharmaceutical Holdings Group, Ltd. (B)	177,000	$	37,634
Sino-Ocean Group Holding, Ltd.	333,973		65,459
Sinopec Engineering Group Company, Ltd., H Shares	129,000		65,375
Sinopec Oilfield Service Corp., H Shares (A)	328,000		34,271
Sinopec Shanghai Petrochemical Company, Ltd., H Shares	300,000		72,741
Sinopharm Group Company, Ltd., H Shares	156,800		410,905
Sinosoft Technology Group, Ltd.	104,000		13,786
Sinotrans, Ltd., H Shares	242,000		94,380
Sinotruk Hong Kong, Ltd.	92,500		137,016
Skyfame Realty Holdings, Ltd.	286,000		33,375
SOHO China, Ltd. (A)	247,000		65,334
Sun King Technology Group, Ltd. (A)	58,000		29,371
Sunac China Holdings, Ltd.	291,000		620,261
Sunac Services Holdings, Ltd. (C)	7,400		15,228
Suning.com Company, Ltd., Class A (A)	26,300		20,287
Sunshine 100 China Holdings, Ltd. (C)	77,000		4,544
Suzhou Dongshan Precision Manufacturing Company, Ltd., Class A	5,200		16,696
TCL Technology Group Corp., Class A	75,900		73,106
Ten Pao Group Holdings, Ltd.	80,000		21,880
Tencent Music Entertainment Group, ADR (A)	41,190		298,628
Tenwow International Holdings, Ltd. (A)(D)	121,000		4,430
The People's Insurance Company Group of China, Ltd., H Shares	514,000		159,494
Tian Ge Interactive Holdings, Ltd. (A)(C)	44,000		4,827
Tiangong International Company, Ltd. (B)	108,000		64,328
Tianjin Capital Environmental Protection Group Company, Ltd., H Shares	24,000		12,018
Tianli Education International Holdings, Ltd.	150,000		32,943
Tianneng Power International, Ltd. (B)	78,000		87,179
Tianyun International Holdings, Ltd. (A)	54,000		10,335
Times China Holdings, Ltd.	28,000		23,280
Tingyi Cayman Islands Holding Corp.	212,000		394,174
Tong Ren Tang Technologies Company, Ltd., H Shares	62,000		46,299
Tongcheng-Elong Holdings, Ltd. (A)	74,000		178,693
TravelSky Technology, Ltd., H Shares	88,000		169,730
Trigiant Group, Ltd. (A)	158,000		13,741
Trip.com Group, Ltd. (A)	750		22,881
Trip.com Group, Ltd., ADR (A)	35,226		1,083,200
Uni-President China Holdings, Ltd.	120,000		113,904
Unisplendour Corp., Ltd., Class A	6,400		24,607
Viomi Technology Company, Ltd., ADR (A)(B)	4,620		21,067
Vipshop Holdings, Ltd., ADR (A)	43,158		480,780
Virscend Education Company, Ltd. (B)(C)	59,000		3,728
Want Want China Holdings, Ltd.	439,000		331,481
Weibo Corp., ADR (A)	540		25,645
Weichai Power Company, Ltd., H Shares	206,000		426,360
Weiqiao Textile Company, H Shares	73,500		26,721
Wens Foodstuffs Group Company, Ltd., Class A	20,300		45,380
West China Cement, Ltd.	298,000		55,395

 

55

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Emerging Markets Value Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
China (continued)
Wisdom Education International Holdings Company, Ltd.	122,000	$	23,069
Wuchan Zhongda Group Company, Ltd., Class A	20,900		20,848
Xiabuxiabu Catering Management China Holdings Company, Ltd. (A)(C)	62,500		61,357
Xiamen International Port Company, Ltd., H Shares	260,000		28,748
Xingda International Holdings, Ltd.	147,515		32,153
Xingfa Aluminium Holdings, Ltd.	29,000		38,694
Xinhua Winshare Publishing and Media Company, Ltd., H Shares	51,000		38,531
Xinjiang Goldwind Science & Technology Company, Ltd., H Shares (B)	47,000		98,832
Xinjiang Zhongtai Chemical Company, Ltd., Class A	8,100		16,669
Xinte Energy Company, Ltd., H Shares	14,400		38,143
Xinyuan Real Estate Company, Ltd., ADR	6,010		10,518
Yangtze Optical Fibre and Cable Joint Stock Company, Ltd., H Shares (C)	15,500		23,834
Yanzhou Coal Mining Company, Ltd., H Shares	178,000		335,660
YiChang HEC ChangJiang Pharmaceutical Company, Ltd., H Shares (A)(C)	33,400		19,698
Yiren Digital, Ltd., ADR (A)	7,156		21,540
YTO Express Group Company, Ltd., Class A	10,000		21,554
Yum China Holdings, Inc.	15,341		891,466
Yunnan Baiyao Group Company, Ltd., Class A	3,400		51,360
Yuzhou Group Holdings Company, Ltd.	328,890		48,623
Zepp Health Corp., ADR (A)	2,968		23,833
Zhaojin Mining Industry Company, Ltd., H Shares (B)	122,500		86,245
Zhejiang Century Huatong Group Company, Ltd., Class A (A)	13,700		15,658
Zhejiang Dahua Technology Company, Ltd., Class A	6,800		24,806
Zhejiang Glass Company, Ltd., H Shares (A)(D)	162,000		0
Zhejiang NHU Company, Ltd., Class A	5,800		23,988
Zhengzhou Coal Mining Machinery Group Company, Ltd., H Shares (B)	25,400		26,297
Zhenro Properties Group, Ltd. (B)	131,000		71,412
Zhong An Group, Ltd. (A)	409,000		17,250
Zhou Hei Ya International Holdings Company, Ltd. (A)(C)	58,000		58,552
Zhuzhou CRRC Times Electric Company, Ltd., H Shares (A)	47,900		219,462
Zoomlion Heavy Industry Science and Technology Company, Ltd., H Shares	135,200		120,476
ZTE Corp., H Shares	62,400		204,745
ZTO Express Cayman, Inc., ADR	7,597		232,924
			59,573,726
Colombia - 0.1%
Cementos Argos SA	24,726		38,279
Grupo Argos SA	36,406		106,700
Grupo de Inversiones Suramericana SA	23,322		131,071
			276,050
Czech Republic - 0.1%
CEZ AS	5,875		191,129

Emerging Markets Value Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Czech Republic (continued)
Komercni banka AS	2,458	$	99,535
			290,664
Greece - 0.3%
Alpha Services and Holdings SA (A)	98,073		123,033
Bank of Greece	667		12,849
Ellaktor SA (A)	22,580		34,348
Eurobank Ergasias Services and Holdings SA (A)	179,251		166,866
Fourlis Holdings SA (A)	3,756		17,338
Hellenic Petroleum SA	6,586		42,786
JUMBO SA	3,509		57,136
Motor Oil Hellas Corinth Refineries SA (A)	3,190		48,487
Mytilineos SA	7,106		115,445
National Bank of Greece SA (A)	28,623		79,701
Piraeus Financial Holdings SA (A)	2,005		3,227
			701,216
Hong Kong - 5.5%
AAG Energy Holdings, Ltd. (C)	68,000		21,544
Ajisen China Holdings, Ltd.	147,000		25,333
Anxin-China Holdings, Ltd. (A)(D)	1,648,000		0
APT Satellite Holdings, Ltd.	28,000		8,270
Asian Citrus Holdings, Ltd. (A)(B)	249,000		6,641
Ausnutria Dairy Corp., Ltd. (A)	70,000		72,241
Beijing Energy International Holding Company, Ltd. (A)	814,000		31,876
Beijing Enterprises Clean Energy Group, Ltd. (A)	600,000		7,588
Beijing Enterprises Holdings, Ltd.	63,500		253,460
Beijing Enterprises Water Group, Ltd.	532,000		208,247
Brilliance China Automotive Holdings, Ltd. (A)	216,000		86,400
C C Land Holdings, Ltd.	125,126		28,318
C&D International Investment Group, Ltd.	14,000		26,787
CA Cultural Technology Group, Ltd. (A)(B)	35,000		12,233
CECEP COSTIN New Materials Group, Ltd. (A)(D)	348,000		0
CGN New Energy Holdings Company, Ltd. (B)	150,000		157,880
China Aerospace International Holdings, Ltd.	190,000		14,607
China Aircraft Leasing Group Holdings, Ltd. (B)	23,000		15,040
China Boton Group Company, Ltd. (A)(B)	20,000		7,681
China Education Group Holdings, Ltd.	36,000		62,097
China Everbright Greentech, Ltd. (B)(C)	114,000		44,530
China Everbright, Ltd.	76,000		89,295
China Fiber Optic Network System Group, Ltd. (A)(D)	150,800		5,424
China Foods, Ltd.	74,000		26,641
China Gas Holdings, Ltd.	254,000		750,175
China Grand Pharmaceutical and Healthcare Holdings, Ltd.	86,000		68,856
China High Precision Automation Group, Ltd. (A)(D)	18,000		2,150
China High Speed Transmission Equipment Group Company, Ltd. (A)	45,000		37,796
China Jinmao Holdings Group, Ltd.	500,000		179,673
China Longevity Group Company, Ltd. (A)(D)	93,000		4,910
China Lumena New Materials Corp. (A)(D)	50,900		0

 

56

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Emerging Markets Value Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Hong Kong (continued)
China Merchants Land, Ltd. (A)	260,000	$	29,679
China Merchants Port Holdings Company, Ltd.	136,622		233,626
China New Town Development Company, Ltd. (A)	300,165		3,652
China Oil & Gas Group, Ltd. (A)	600,000		43,423
China Overseas Grand Oceans Group, Ltd.	191,500		116,750
China Overseas Land & Investment, Ltd.	421,000		952,770
China Resources Cement Holdings, Ltd.	282,000		271,058
China Resources Gas Group, Ltd.	98,000		514,050
China Resources Land, Ltd.	366,000		1,540,367
China South City Holdings, Ltd.	498,000		41,982
China Taiping Insurance Holdings Company, Ltd.	178,600		270,240
China Traditional Chinese Medicine Holdings Company, Ltd.	336,000		169,795
China Travel International Investment Hong Kong, Ltd. (A)	314,000		46,233
China Vast Industrial Urban Development Company, Ltd. (B)(C)	36,000		11,154
Chu Kong Shipping Enterprises Group Company, Ltd.	26,000		3,348
CIMC Enric Holdings, Ltd.	94,000		112,171
CITIC Resources Holdings, Ltd. (A)	488,000		33,641
Concord New Energy Group, Ltd.	690,000		86,181
COSCO SHIPPING International Hong Kong Company, Ltd.	59,625		19,090
COSCO SHIPPING Ports, Ltd.	162,371		140,236
CP Pokphand Company, Ltd.	870,000		106,577
Dawnrays Pharmaceutical Holdings, Ltd.	117,000		25,185
Digital China Holdings, Ltd.	73,000		40,156
ESR Cayman, Ltd. (A)(C)	7,800		23,541
Far East Horizon, Ltd.	183,000		185,488
GCL-Poly Energy Holdings, Ltd. (A)(B)	2,057,000		472,904
Geely Automobile Holdings, Ltd.	542,000		1,555,870
Gemdale Properties & Investment Corp., Ltd.	778,000		83,947
Glorious Property Holdings, Ltd. (A)	88,000		2,639
Glory Sun Financial Group, Ltd. (A)	612,000		19,673
Goldlion Holdings, Ltd.	36,000		7,673
Goldpac Group, Ltd.	46,000		9,357
Health & Happiness H&H International Holdings, Ltd.	24,500		58,376
Hi Sun Technology China, Ltd. (A)	240,000		39,087
Hopson Development Holdings, Ltd.	83,600		297,663
Hua Han Health Industry Holdings, Ltd. (A)(D)	880,000		23,965
Jiayuan International Group, Ltd.	111,625		43,638
Joy City Property, Ltd.	328,000		17,628
Ju Teng International Holdings, Ltd.	130,000		24,169
Kingboard Holdings, Ltd.	88,130		398,839
Kingboard Laminates Holdings, Ltd.	111,000		181,437
Kunlun Energy Company, Ltd.	438,000		456,059
Lee & Man Paper Manufacturing, Ltd.	129,000		94,289
Lee's Pharmaceutical Holdings, Ltd.	54,000		26,849
Lifestyle China Group, Ltd. (A)	42,000		5,272
LVGEM China Real Estate Investment Company, Ltd. (A)	60,000		14,100
Min Xin Holdings, Ltd.	24,000		9,212
Mingyuan Medicare Development Company, Ltd. (A)(D)	1,300,000		0
Minmetals Land, Ltd.	118,000		11,332
New World Department Store China, Ltd. (A)	34,000		6,047

Emerging Markets Value Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Hong Kong (continued)
Nine Dragons Paper Holdings, Ltd.	185,000	$	225,817
Overseas Chinese Town Asia Holdings, Ltd. (A)	52,000		9,605
PAX Global Technology, Ltd.	104,000		130,531
Poly Property Group Company, Ltd.	266,453		70,055
Pou Sheng International Holdings, Ltd. (A)	223,000		37,641
Prinx Chengshan Holdings, Ltd.	18,000		14,624
Shanghai Industrial Holdings, Ltd.	37,000		55,430
Shanghai Industrial Urban Development Group, Ltd.	359,400		31,292
Shanghai Zendai Property, Ltd. (A)	765,000		4,040
Shenzhen International Holdings, Ltd.	135,199		174,292
Shenzhen Investment, Ltd.	373,271		93,569
Shimao Group Holdings, Ltd.	150,000		274,922
Shoucheng Holdings, Ltd. (B)	128,000		26,724
Shougang Fushan Resources Group, Ltd.	272,565		82,195
Silver Grant International Holdings Group, Ltd. (A)	160,000		11,740
Sinofert Holdings, Ltd. (A)	300,000		51,404
Sinopec Kantons Holdings, Ltd.	160,000		61,095
Skyworth Group, Ltd. (A)	207,190		62,284
SSY Group, Ltd.	182,000		98,021
Symphony Holdings, Ltd.	20,000		2,341
TCL Electronics Holdings, Ltd. (A)	114,600		56,909
Texhong Textile Group, Ltd.	10,000		14,401
The Wharf Holdings, Ltd.	107,000		353,945
Tian An China Investment Company, Ltd.	54,000		31,187
Tianjin Port Development Holdings, Ltd.	478,000		39,749
Tomson Group, Ltd.	45,714		11,251
Tongda Group Holdings, Ltd. (A)	885,000		27,526
United Energy Group, Ltd.	416,000		53,443
Vinda International Holdings, Ltd. (B)	39,000		115,047
Wasion Holdings, Ltd.	90,000		30,370
Yuexiu Property Company, Ltd.	165,908		155,451
			13,543,012
Hungary - 0.2%
MOL Hungarian Oil & Gas PLC	53,879		447,617
OTP Bank NYRT (A)	1,899		111,116
			558,733
India - 13.8%
ACC, Ltd.	5,847		176,659
Adani Enterprises, Ltd.	19,762		388,565
Adani Green Energy, Ltd. (A)	5,273		81,226
Adani Ports & Special Economic Zone, Ltd.	47,493		469,950
Adani Total Gas, Ltd.	1,936		36,687
Adani Transmission, Ltd. (A)	9,644		200,777
Aditya Birla Capital, Ltd. (A)	55,560		83,824
Allcargo Logistics, Ltd.	10,467		37,727
Ambuja Cements, Ltd.	55,925		300,775
Andhra Sugars, Ltd.	1,376		11,401
Apollo Tyres, Ltd.	28,578		86,422
Arvind Fashions, Ltd. (A)	4,879		17,706
Arvind, Ltd. (A)	12,009		15,217
Aster DM Healthcare, Ltd. (A)(C)	8,448		23,518
Aurobindo Pharma, Ltd.	33,905		329,685
Axis Bank, Ltd. (A)	119,271		1,223,310
Axis Bank, Ltd., GDR (A)	310		15,801
Bajaj Holdings & Investment, Ltd.	3,524		228,322
Balmer Lawrie & Company, Ltd.	11,041		19,200
Balrampur Chini Mills, Ltd.	17,968		87,919
Bank of Baroda (A)	88,922		97,089
BEML, Ltd.	1,822		34,797

 

57

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Emerging Markets Value Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
India (continued)
Bharat Electronics, Ltd.	59,808	$	162,227
Bharat Heavy Electricals, Ltd. (A)	72,839		62,820
Bharti Airtel, Ltd. (A)	7,804		72,161
Birla Corp., Ltd.	2,709		52,253
Birlasoft, Ltd.	13,384		73,299
Brigade Enterprises, Ltd.	9,013		49,715
BSE, Ltd.	724		11,976
Can Fin Homes, Ltd.	2,623		24,250
Canara Bank (A)	9,205		21,253
Ceat, Ltd.	2,623		46,795
Century Textiles & Industries, Ltd.	2,062		25,785
Chambal Fertilizers & Chemicals, Ltd.	19,376		87,465
Chennai Super Kings Cricket, Ltd. (A)(D)	207,315		6,284
Cholamandalam Financial Holdings, Ltd.	6,154		57,044
Cipla, Ltd.	35,701		471,028
City Union Bank, Ltd.	14,539		30,749
Cochin Shipyard, Ltd. (C)	2,163		10,554
Container Corp. of India, Ltd.	14,589		137,770
Cosmo Films, Ltd.	1,053		21,239
CreditAccess Grameen, Ltd. (A)	1,190		10,139
CSB Bank, Ltd. (A)	2,395		10,246
Cyient, Ltd.	5,147		73,405
Dalmia Bharat, Ltd.	2,887		81,770
DB Corp., Ltd.	6,129		8,034
DCB Bank, Ltd. (A)	23,624		28,820
DCM Shriram, Ltd.	4,769		64,337
Deepak Fertilisers & Petrochemicals Corp., Ltd.	2,609		14,193
Delta Corp., Ltd.	4,521		15,975
Dishman Carbogen Amcis, Ltd. (A)	5,361		14,398
DLF, Ltd.	42,524		237,046
Edelweiss Financial Services, Ltd.	46,814		49,472
EID Parry India, Ltd. (A)	12,265		69,049
Exide Industries, Ltd.	26,285		62,864
Federal Bank, Ltd.	191,615		216,566
Finolex Cables, Ltd.	3,327		21,969
Finolex Industries, Ltd.	25,360		70,964
Firstsource Solutions, Ltd.	16,189		42,399
Fortis Healthcare, Ltd. (A)	23,713		83,727
GAIL India, Ltd.	193,496		411,802
General Insurance Corp. of India (A)(C)	8,025		15,590
GHCL, Ltd.	6,390		38,165
Glenmark Pharmaceuticals, Ltd.	13,855		94,858
Godrej Industries, Ltd. (A)	2,755		21,457
Granules India, Ltd.	18,738		80,353
Grasim Industries, Ltd.	23,906		535,699
Gujarat Alkalies & Chemicals, Ltd.	3,130		28,175
Gujarat Ambuja Exports, Ltd.	15,820		36,815
Gujarat Fluorochemicals, Ltd. (A)	4,397		112,795
Gujarat Narmada Valley Fertilizers & Chemicals, Ltd.	10,255		59,755
Gujarat Pipavav Port, Ltd.	15,449		22,966
Gujarat State Fertilizers & Chemicals, Ltd.	6,962		12,069
Gujarat State Petronet, Ltd.	26,721		113,210
Hero MotoCorp, Ltd.	389		14,840
HFCL, Ltd.	95,724		92,250
Hindalco Industries, Ltd.	148,861		974,483
Hindustan Aeronautics, Ltd.	1,878		34,145
ICICI Bank, Ltd.	196,478		1,849,014
ICICI Bank, Ltd., ADR	8,648		163,188
IDFC First Bank, Ltd. (A)	126,067		80,378
IDFC, Ltd. (A)	67,378		49,533
IIFL Finance, Ltd.	22,973		87,802

Emerging Markets Value Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
India (continued)
IIFL Securities, Ltd.	36,899	$	48,000
Indiabulls Housing Finance, Ltd.	33,338		103,182
Indiabulls Real Estate, Ltd. (A)	28,092		56,225
Indian Bank	13,953		26,206
Indus Towers, Ltd.	32,463		133,346
IndusInd Bank, Ltd.	8,509		126,295
Jagran Prakashan, Ltd. (A)	12,700		10,151
Jindal Poly Films, Ltd.	1,066		14,605
Jindal Saw, Ltd.	29,627		45,065
Jindal Stainless Hisar, Ltd. (A)	2,829		10,863
Jindal Stainless, Ltd. (A)	6,795		14,742
Jindal Steel & Power, Ltd. (A)	52,794		273,766
JK Paper, Ltd.	7,330		22,560
JK Tyre & Industries, Ltd.	8,887		17,920
JM Financial, Ltd.	33,116		40,938
JSW Energy, Ltd.	47,449		250,623
JSW Steel, Ltd.	98,673		881,180
Jubilant Ingrevia, Ltd.	11,603		116,735
Jubilant Pharmova, Ltd.	11,603		96,767
Just Dial, Ltd. (A)	1,950		25,781
Jyothy Labs, Ltd.	5,194		11,791
Kalpataru Power Transmission, Ltd.	9,196		49,836
Kalyani Steels, Ltd.	2,643		13,613
Kaveri Seed Company, Ltd.	1,661		12,902
KEC International, Ltd.	3,954		23,559
Kiri Industries, Ltd. (A)	2,637		18,084
Kirloskar Oil Engines, Ltd.	3,612		10,160
KPIT Technologies, Ltd.	13,384		61,037
KPR Mill, Ltd.	18,150		104,007
KRBL, Ltd.	2,618		11,167
L&T Finance Holdings, Ltd. (A)	74,021		90,015
Larsen & Toubro, Ltd.	51,797		1,185,493
Laurus Labs, Ltd. (C)	14,325		118,568
LIC Housing Finance, Ltd.	39,247		224,789
Linde India, Ltd.	2,024		70,411
Lupin, Ltd.	23,401		297,361
Maharashtra Scooters, Ltd.	404		25,395
Maharashtra Seamless, Ltd.	4,212		17,948
Mahindra & Mahindra Financial Services, Ltd.	59,708		147,760
Mahindra & Mahindra, Ltd.	68,622		738,141
Mahindra CIE Automotive, Ltd. (A)	17,673		55,478
Mahindra Lifespace Developers, Ltd. (A)	10,389		38,481
Manappuram Finance, Ltd.	27,778		63,010
Max Healthcare Institute, Ltd. (A)	21,489		103,512
MOIL, Ltd.	14,559		31,898
Mphasis, Ltd.	7,042		293,205
MRF, Ltd.	111		118,399
National Aluminium Company, Ltd.	84,797		105,894
NCC, Ltd.	25,675		28,305
NIIT, Ltd.	6,437		31,945
Nilkamal, Ltd.	975		37,180
NMDC, Ltd.	47,542		90,966
Oberoi Realty, Ltd. (A)	6,103		78,900
Omaxe, Ltd. (A)	5,567		5,804
Orient Cement, Ltd.	11,282		24,059
Persistent Systems, Ltd.	6,112		306,084
Petronet LNG, Ltd.	19,168		61,487
Phillips Carbon Black, Ltd.	7,735		28,148
Piramal Enterprises, Ltd.	7,847		273,005
PNB Housing Finance, Ltd. (A)(C)	3,409		28,357
PNC Infratech, Ltd.	2,778		14,654
Polyplex Corp., Ltd.	2,563		59,183
Power Finance Corp., Ltd.	90,707		172,965
Prestige Estates Projects, Ltd.	20,468		134,019

 

58

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Emerging Markets Value Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
India (continued)
PTC India, Ltd.	31,315	$	48,512
Punjab National Bank (A)	97,317		52,224
Quess Corp., Ltd. (C)	1,882		23,054
Rain Industries, Ltd.	22,684		73,473
Rajesh Exports, Ltd.	8,931		70,599
Ramco Industries, Ltd.	4,270		17,050
Rashtriya Chemicals & Fertilizers, Ltd.	10,276		11,401
Raymond, Ltd. (A)	1,181		7,249
RBL Bank, Ltd. (A)(C)	21,550		54,729
REC, Ltd.	89,160		188,518
Redington India, Ltd.	81,148		152,539
Reliance Industries, Ltd., GDR (C)	101,378		6,885,311
Reliance Power, Ltd. (A)	63,254		11,532
Sharda Cropchem, Ltd.	2,311		10,229
Shriram City Union Finance, Ltd.	2,480		67,511
Shriram Transport Finance Company, Ltd.	13,889		241,666
Sobha, Ltd.	5,289		55,740
State Bank of India	109,237		662,177
State Bank of India, GDR	1,997		122,341
Steel Authority of India, Ltd.	106,244		161,197
Strides Pharma Science, Ltd.	2,675		21,095
Sun Pharmaceutical Industries, Ltd.	54,244		596,605
Sun TV Network, Ltd.	7,964		53,956
Sundaram-Clayton, Ltd.	227		10,424
TAKE Solutions, Ltd. (A)	7,707		5,241
Tata Chemicals, Ltd.	13,942		172,110
Tata Coffee, Ltd.	3,872		10,551
Tata Consumer Products, Ltd.	31,789		347,109
Tata Motors, Ltd. (A)	206,227		917,511
Tata Steel, Ltd.	58,310		1,000,818
Tech Mahindra, Ltd.	8,219		152,321
Techno Electric & Engineering Company, Ltd.	7,028		26,349
The Great Eastern Shipping Company, Ltd.	12,279		60,221
The India Cements, Ltd.	20,619		55,669
The Karnataka Bank, Ltd.	7,142		6,516
The Karur Vysya Bank, Ltd.	24,026		15,425
The South Indian Bank, Ltd. (A)	134,442		18,446
Transport Corp. of India, Ltd.	3,182		17,902
Trident, Ltd.	171,050		64,460
TV18 Broadcast, Ltd. (A)	95,709		48,420
UCO Bank (A)	59,961		10,948
Uflex, Ltd.	5,261		38,141
Unichem Laboratories, Ltd.	4,453		16,117
UPL, Ltd.	34,717		330,238
VA Tech Wabag, Ltd. (A)	3,621		16,212
Vardhman Textiles, Ltd.	3,223		79,994
Vedanta, Ltd., ADR	39,439		602,628
Vodafone Idea, Ltd. (A)	275,824		43,825
Welspun Corp., Ltd.	14,025		27,228
Welspun Enterprises, Ltd.	9,451		13,689
Welspun India, Ltd.	12,315		27,985
Wipro, Ltd.	137,915		1,174,278
Wockhardt, Ltd. (A)	4,216		25,694
Yes Bank, Ltd. (A)	196,614		33,033
Zee Entertainment Enterprises, Ltd.	38,274		155,912
			34,342,007
Indonesia - 1.6%
Adaro Energy Tbk PT	1,772,000		216,615
Adhi Karya Persero Tbk PT (A)	235,600		15,822
AKR Corporindo Tbk PT	152,300		46,067
Alam Sutera Realty Tbk PT (A)	1,741,800		20,488
Aneka Tambang Tbk	67,900		10,758

Emerging Markets Value Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Indonesia (continued)
Astra Agro Lestari Tbk PT	49,555	$	33,675
Astra International Tbk PT	1,140,800		435,566
Astrindo Nusantara Infrastructure Tbk PT (A)	5,572,200		19,466
Bakrie Telecom Tbk PT (A)(D)	17,557,300		30,668
Bank Mandiri Persero Tbk PT	1,066,640		455,868
Bank Negara Indonesia Persero Tbk PT	591,381		220,162
Bank Pan Indonesia Tbk PT (A)	695,197		36,171
Bank Pembangunan Daerah Jawa Barat Dan Banten Tbk PT	284,100		26,897
Bank Pembangunan Daerah Jawa Timur Tbk PT	625,600		31,373
Bank Tabungan Negara Persero Tbk PT (A)	376,361		36,994
Bekasi Fajar Industrial Estate Tbk PT (A)	817,800		7,250
BISI International Tbk PT	290,800		20,585
Blue Bird Tbk PT	5,500		473
Buana Lintas Lautan Tbk PT (A)	1,186,800		22,490
Bukit Asam Tbk PT	380,100		73,000
Bumi Serpong Damai Tbk PT (A)	499,400		34,574
Ciputra Development Tbk PT	1,290,744		83,793
Delta Dunia Makmur Tbk PT (A)	610,700		14,036
Elnusa Tbk PT	742,600		15,775
Erajaya Swasembada Tbk PT	1,113,500		46,698
Gudang Garam Tbk PT	32,400		73,444
Indah Kiat Pulp & Paper Tbk PT	279,700		166,298
Indika Energy Tbk PT (A)	225,300		29,740
Indo Tambangraya Megah Tbk PT	34,600		50,027
Indocement Tunggal Prakarsa Tbk PT	110,800		80,673
Indofood CBP Sukses Makmur Tbk PT	38,600		22,480
Indofood Sukses Makmur Tbk PT	483,100		213,730
Intiland Development Tbk PT (A)	1,316,300		15,172
Japfa Comfeed Indonesia Tbk PT	499,770		68,424
Jaya Real Property Tbk PT	215,500		6,975
Kawasan Industri Jababeka Tbk PT (A)	2,384,099		26,163
Krakatau Steel Persero Tbk PT (A)	733,900		25,796
Link Net Tbk PT	58,200		16,331
Lippo Karawaci Tbk PT (A)	4,020,148		42,843
Malindo Feedmill Tbk PT (A)	128,500		7,150
Map Aktif Adiperkasa PT (A)	105,900		18,917
Medco Energi Internasional Tbk PT (A)	1,194,526		45,435
Media Nusantara Citra Tbk PT	718,600		41,648
Mitra Adiperkasa Tbk PT (A)	715,200		38,758
MNC Vision Networks Tbk PT (A)	614,600		10,189
Pabrik Kertas Tjiwi Kimia Tbk PT	128,800		71,207
Panin Financial Tbk PT (A)	949,400		11,912
Paninvest Tbk PT (A)	116,800		5,629
Perusahaan Perkebunan London Sumatra Indonesia Tbk PT	318,000		27,016
PP Persero Tbk PT (A)	292,600		22,018
Puradelta Lestari Tbk PT	1,584,700		21,451
Ramayana Lestari Sentosa Tbk PT (A)	463,200		22,121
Salim Ivomas Pratama Tbk PT	670,100		21,371
Semen Indonesia Persero Tbk PT	259,300		147,370
Siloam International Hospitals Tbk PT	36,900		25,273
Sri Rejeki Isman Tbk PT (A)(D)	1,260,900		12,862
Suryainti Permata Tbk PT (A)(D)	1,446,000		0
Timah Tbk PT (A)	210,500		22,060
Truba Alam Manunggal Engineering PT (A)(D)	11,991,500		0
Tunas Baru Lampung Tbk PT	484,800		28,173
United Tractors Tbk PT	202,200		363,843
Vale Indonesia Tbk PT	224,100		71,346
Waskita Karya Persero Tbk PT (A)	533,700		30,991

 

59

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Emerging Markets Value Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Indonesia (continued)
Wijaya Karya Persero Tbk PT (A)	349,400	$	29,202
XL Axiata Tbk PT	403,300		85,021
			3,974,323
Malaysia - 1.7%
Aeon Company M BHD	28,600		10,255
AFFIN Bank BHD	92,555		37,170
Alliance Bank Malaysia BHD	129,100		79,138
AMMB Holdings BHD (A)	204,262		154,987
Batu Kawan BHD	3,100		15,370
Berjaya Assets BHD (A)	77,400		4,588
Berjaya Corp. BHD (A)(B)	439,496		27,283
Berjaya Land BHD (A)	244,400		14,276
BIMB Holdings BHD	26,300		25,274
Boustead Holdings BHD (A)	116,088		15,353
Bumi Armada BHD (A)	163,800		17,870
Cahya Mata Sarawak BHD	52,100		15,602
CIMB Group Holdings BHD	476,117		541,435
Cypark Resources BHD (A)	54,200		12,462
Dayang Enterprise Holdings BHD (A)	83,900		19,120
DRB-Hicom BHD	93,400		36,553
Eco World Development Group BHD	84,300		15,863
Ekovest BHD	146,600		13,659
FGV Holdings BHD	33,400		10,839
Gamuda BHD (A)	136,030		97,615
Genting BHD	138,000		165,845
Genting Malaysia BHD	181,000		129,305
Genting Plantations BHD	7,300		11,931
Hengyuan Refining Company BHD	28,800		29,695
Hibiscus Petroleum BHD	171,900		28,536
Hong Leong Financial Group BHD	27,099		118,095
IJM Corp. BHD	264,060		113,674
Insas BHD	88,369		20,956
JAKS Resources BHD (A)	177,060		19,803
Jaya Tiasa Holdings BHD (A)	58,826		8,870
Keck Seng Malaysia BHD (A)	11,300		8,998
KNM Group BHD (A)	571,500		31,176
Land & General BHD (A)	437,820		13,100
Lotte Chemical Titan Holding BHD (C)	30,231		18,983
Magnum BHD	110,314		53,768
Mah Sing Group BHD	192,300		32,387
Malayan Banking BHD	329,447		632,509
Malaysia Airports Holdings BHD (A)	36,700		60,356
Malaysia Building Society BHD (B)	190,704		27,412
Malaysian Resources Corp. BHD	207,000		19,461
Matrix Concepts Holdings BHD	17,400		8,517
MBM Resources BHD	11,400		8,678
Mega First Corp. BHD	12,600		11,063
MISC BHD	106,200		174,511
MKH BHD	49,230		15,154
MMC Corp. BHD	68,600		31,843
MNRB Holdings BHD	36,891		11,186
Muhibbah Engineering M BHD	69,300		14,774
Oriental Holdings BHD	35,720		43,520
OSK Holdings BHD	111,397		22,674
Pos Malaysia BHD (A)	30,900		5,128
PPB Group BHD	30,500		133,705
RHB Bank BHD	143,125		186,102
Sapura Energy BHD (A)(B)	1,155,500		31,227
Sime Darby BHD	307,400		166,435
Sime Darby Property BHD	271,300		42,340
SP Setia BHD Group (A)	173,900		50,893
Sunway BHD	140,407		56,692
Ta Ann Holdings BHD	50,348		35,387
Tan Chong Motor Holdings BHD	6,300		1,746
Tropicana Corp. BHD (A)	161,380		40,079

Emerging Markets Value Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Malaysia (continued)
UEM Edgenta BHD (A)	32,900	$	13,739
UEM Sunrise BHD (A)	372,300		32,775
UMW Holdings BHD	48,800		36,486
United Malacca BHD	11,900		14,362
UOA Development BHD (B)	117,500		46,540
Velesto Energy BHD (A)	428,800		14,745
WCT Holdings BHD (A)	194,483		28,772
Yinson Holdings BHD	26,500		34,769
YNH Property BHD	34,619		21,866
YTL Corp. BHD	536,837		78,140
			4,123,420
Mexico - 2.2%
Alfa SAB de CV, Class A	370,181		256,992
Alpek SAB de CV	49,200		55,584
Arca Continental SAB de CV	25,987		158,227
Banco del Bajio SA (C)	68,070		129,040
Cemex SAB de CV, Series CPO (A)	730,985		528,013
Coca-Cola Femsa SAB de CV	23,422		132,216
Consorcio ARA SAB de CV	25,993		5,415
Corp. Actinver SAB de CV	16,024		8,539
Credito Real SAB de CV SOFOM ER (A)(B)	33,638		18,822
El Puerto de Liverpool SAB de CV, Series C1	13,794		56,656
Fomento Economico Mexicano SAB de CV	4,256		36,922
GCC SAB de CV	14,906		111,411
Genomma Lab Internacional SAB de CV, Class B (A)	11,100		10,540
Gentera SAB de CV (A)	115,192		66,800
Grupo Carso SAB de CV, Series A1	27,578		95,461
Grupo Comercial Chedraui SA de CV	41,970		72,792
Grupo Financiero Banorte SAB de CV, Series O	155,720		997,999
Grupo Financiero Inbursa SAB de CV, Series O (A)	145,540		137,068
Grupo KUO SAB de CV, Series B (A)	42,698		95,133
Grupo Mexico SAB de CV, Series B	191,471		761,376
Grupo Pochteca SAB de CV (A)	9,600		3,804
Grupo Sanborns SAB de CV (A)	95,919		106,879
Grupo Televisa SAB, Series CPO	202,588		445,779
Industrias Bachoco SAB de CV, Series B	14,121		51,766
Industrias CH SAB de CV, Series B (A)	21,296		169,200
Industrias Penoles SAB de CV (A)	8,071		95,316
La Comer SAB de CV	16,584		28,072
Megacable Holdings SAB de CV, Series CPO	23,643		72,035
Minera Frisco SAB de CV, Series A1 (A)	168,003		29,301
Nemak SAB de CV (A)(C)	201,661		51,291
Orbia Advance Corp. SAB de CV	73,770		189,379
Organizacion Cultiba SAB de CV	17,095		8,696
Organizacion Soriana SAB de CV, Series B (A)	190,849		241,225
Promotora y Operadora de Infraestructura SAB de CV	8,737		60,384
Promotora y Operadora de Infraestructura SAB de CV, L Shares	3,141		14,913
Unifin Financiera SAB de CV (A)	32,326		46,982
Vitro SAB de CV, Series A	6,357		7,856
			5,357,884
Philippines - 0.8%
Alliance Global Group, Inc.	334,100		67,403
Ayala Corp.	9,390		150,018
Bank of the Philippine Islands	74,260		118,565
BDO Unibank, Inc.	154,227		334,034

 

60

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Emerging Markets Value Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Philippines (continued)
Cebu Air, Inc. (A)	27,720	$	21,110
China Banking Corp.	75,528		35,693
Cosco Capital, Inc.	388,900		38,290
DMCI Holdings, Inc.	144,200		20,020
East West Banking Corp. (A)	74,300		12,994
EEI Corp. (A)	43,000		5,892
Filinvest Development Corp.	119,475		18,257
Filinvest Land, Inc.	937,500		20,182
First Philippine Holdings Corp.	29,660		43,357
Global Ferronickel Holdings, Inc.	283,424		11,683
GT Capital Holdings, Inc.	4,619		46,009
JG Summit Holdings, Inc.	173,322		220,504
LT Group, Inc.	159,800		31,640
Megaworld Corp.	839,700		46,899
Metropolitan Bank & Trust Company	130,973		111,994
Petron Corp. (A)	289,400		17,497
Philex Mining Corp.	161,300		15,707
Philippine National Bank (A)	65,310		25,815
Philtown Properties, Inc. (A)(D)	3,844		116
Phoenix Petroleum Philippines, Inc. (A)	22,200		5,208
PNB Holdings Corp. (A)(D)	10,246		64
Premium Leisure Corp.	815,000		6,710
RFM Corp.	133,500		12,232
Rizal Commercial Banking Corp.	62,703		22,691
Robinsons Land Corp.	247,568		77,350
Robinsons Retail Holdings, Inc.	16,680		16,944
San Miguel Corp.	46,220		104,169
Security Bank Corp.	27,730		57,422
Top Frontier Investment Holdings, Inc. (A)	18,024		45,934
Union Bank of the Philippines	43,950		73,118
Vista Land & Lifescapes, Inc.	569,000		38,859
			1,874,380
Poland - 0.7%
Alior Bank SA (A)	6,632		71,682
Asseco Poland SA	4,655		102,476
Bank Handlowy w Warszawie SA	2,586		29,336
Bank Millennium SA (A)	57,979		98,471
Ciech SA	2,826		29,470
Develia SA	22,340		21,606
Enea SA (A)	19,073		44,350
Famur SA (A)	24,204		17,283
Grupa Azoty SA (A)	4,728		33,250
Grupa Lotos SA (A)	6,814		100,965
Jastrzebska Spolka Weglowa SA (A)	2,583		36,025
KGHM Polska Miedz SA	3,514		138,421
Lubelski Wegiel Bogdanka SA (A)	2,164		23,052
mBank SA (A)	914		94,498
PGE Polska Grupa Energetyczna SA (A)	72,554		162,150
PKP Cargo SA (A)	5,709		25,953
Polski Koncern Naftowy ORLEN SA	30,903		636,685
Santander Bank Polska SA (A)	729		54,911
Stalexport Autostrady SA	15,820		14,675
Tauron Polska Energia SA (A)	90,488		75,743
			1,811,002
Qatar - 0.6%
Aamal Company	210,501		58,407
Alijarah Holding Company QPSC	77,548		22,239
Baladna	72,138		32,099
Barwa Real Estate Company	175,600		151,520
Commercial Bank PSQC	142,087		239,098
Doha Bank QPSC	139,323		109,683
Doha Insurance Company QSC	25,407		13,506
Gulf International Services QSC (A)	102,379		44,872
Gulf Warehousing Company	19,525		27,110

Emerging Markets Value Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Qatar (continued)
Industries Qatar QSC	1,204	$	5,099
Investment Holding Group (A)	88,748		34,695
Mannai Corp. QSC	5,422		5,978
Mesaieed Petrochemical Holding Company	223,749		138,094
Ooredoo QPSC	80,019		161,228
Qatar Fuel QSC	29,535		145,456
Qatar Insurance Company SAQ (A)	100,863		66,465
Qatar National Cement Company QSC	23,781		32,455
Qatar Navigation QSC	41,293		83,474
United Development Company QSC	177,150		74,959
Vodafone Qatar QSC	145,471		65,393
Widam Food Company	9,520		10,800
			1,522,630
Russia - 1.7%
Gazprom PJSC, ADR (London Stock Exchange)	196,506		1,942,174
LUKOIL PJSC, ADR	20,569		1,953,528
Rosneft Oil Company PJSC, GDR (London Stock Exchange)	3,675		30,779
RusHydro PJSC, ADR	63,164		67,250
VTB Bank PJSC, GDR	86,297		118,373
			4,112,104
Saudi Arabia - 2.7%
Al Babtain Power & Telecommunication Company	2,665		27,507
Al Jouf Cement Company (A)	7,491		24,977
Al-Etihad Cooperative Insurance Company (A)	3,266		20,071
Alinma Bank	81,043		517,253
Arab National Bank	31,778		194,296
Arabian Cement Company	4,196		46,099
Aseer Trading Tourism & Manufacturing Company (A)	3,891		25,760
AXA Cooperative Insurance Company (A)	2,090		20,134
Bank Al-Jazira	17,162		83,947
Banque Saudi Fransi	27,518		306,034
City Cement Company	6,807		48,179
Dar Al Arkan Real Estate Development Company (A)	57,177		156,421
Eastern Province Cement Company	2,857		38,076
Emaar Economic City (A)	21,759		77,009
Etihad Etisalat Company	34,059		283,012
Hail Cement Company	4,570		20,590
Middle East Healthcare Company (A)	2,179		21,961
Mobile Telecommunications Company Saudi Arabia (A)	42,016		156,594
Najran Cement Company	7,837		46,962
National Industrialization Company (A)	17,952		111,487
Northern Region Cement Company	3,711		16,051
Riyad Bank	99,031		712,823
Sahara International Petrochemical Company	31,147		361,900
Saudi Basic Industries Corp.	49,313		1,666,435
Saudi Chemical Company Holding	3,283		35,848
Saudi Industrial Investment Group	10,444		113,022
Saudi Kayan Petrochemical Company (A)	63,710		346,559
Saudi Re for Cooperative Reinsurance Company (A)	5,052		24,960
Tabuk Cement Company (A)	4,675		25,254
The Saudi British Bank	37,119		327,692
The Saudi Investment Bank	18,320		82,724
The Saudi National Bank	35,370		579,234

 

61

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Emerging Markets Value Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Saudi Arabia (continued)
Umm Al-Qura Cement Company	2,316	$	17,443
Walaa Cooperative Insurance Company (A)	2,461		14,065
Yamama Cement Company (A)	8,393		67,464
Yanbu Cement Company	6,565		71,936
			6,689,779
Singapore - 0.1%
JOYY, Inc., ADR (B)	5,041		276,398
South Africa - 3.7%
Absa Group, Ltd.	53,337		539,727
AECI, Ltd.	11,686		82,964
African Rainbow Minerals, Ltd.	10,677		136,280
Alexander Forbes Group Holdings, Ltd.	120,790		33,019
Alviva Holdings, Ltd.	22,754		22,926
AngloGold Ashanti, Ltd.	4,187		67,079
Aspen Pharmacare Holdings, Ltd.	24,524		440,082
Astral Foods, Ltd.	4,628		54,418
Balwin Properties, Ltd.	6,271		1,469
Barloworld, Ltd.	21,853		177,078
Blue Label Telecoms, Ltd. (A)	44,582		16,594
Caxton & CTP Publishers & Printers, Ltd. (A)	19,879		11,523
DataTec, Ltd.	17,642		44,783
Discovery, Ltd. (A)	28,018		256,008
Exxaro Resources, Ltd.	17,029		180,993
Gold Fields, Ltd., ADR	64,925		527,191
Grindrod, Ltd. (A)	45,556		14,504
Harmony Gold Mining Company, Ltd.	10,790		33,579
Harmony Gold Mining Company, Ltd., ADR	18,219		57,390
Hudaco Industries, Ltd.	5,065		42,170
Impala Platinum Holdings, Ltd.	47,215		532,106
Imperial Logistics, Ltd.	19,928		81,517
Investec, Ltd.	25,084		108,572
KAP Industrial Holdings, Ltd.	257,249		82,778
Lewis Group, Ltd.	14,408		39,798
Liberty Holdings, Ltd. (A)	15,664		98,616
Life Healthcare Group Holdings, Ltd. (A)	120,405		182,022
Long4Life, Ltd. (A)	31,563		9,244
Metair Investments, Ltd.	28,785		58,414
Momentum Metropolitan Holdings	97,843		136,251
Motus Holdings, Ltd.	14,065		95,056
Mpact, Ltd. (A)	23,460		46,112
MTN Group, Ltd. (A)	142,547		1,338,894
Murray & Roberts Holdings, Ltd. (A)	60,191		47,582
Nedbank Group, Ltd.	27,056		313,608
Ninety One, Ltd.	12,542		41,987
Oceana Group, Ltd.	5,108		22,679
Old Mutual, Ltd.	238,727		261,194
Omnia Holdings, Ltd.	19,012		81,920
Pepkor Holdings, Ltd. (A)(C)	42,396		60,729
PPC, Ltd. (A)	168,790		49,179
PSG Group, Ltd.	5,957		29,261
Raubex Group, Ltd.	20,799		50,326
RCL Foods, Ltd.	35,643		25,413
Reunert, Ltd.	22,587		71,486
Royal Bafokeng Platinum, Ltd.	13,281		65,515
Sappi, Ltd. (A)	61,862		164,150
Sasol, Ltd. (A)	34,700		657,709
Sibanye Stillwater, Ltd.	79,031		240,032
Standard Bank Group, Ltd.	86,012		814,485
Super Group, Ltd. (A)	42,421		102,147
Telkom SA SOC, Ltd. (A)	37,622		109,843
The Bidvest Group, Ltd.	3,121		40,464

Emerging Markets Value Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
South Africa (continued)
The Foschini Group, Ltd. (A)	15,138	$	137,581
Tiger Brands, Ltd.	7,082		87,681
Trencor, Ltd.	40,666		11,632
Wilson Bayly Holmes-Ovcon, Ltd. (A)	5,366		42,211
			9,077,971
South Korea - 14.2%
Aekyung Petrochemical Company, Ltd.	2,084		25,162
AJ Networks Company, Ltd.	2,832		13,834
Ajin Industrial Company, Ltd. (A)	8,098		22,597
AK Holdings, Inc.	743		16,735
AMOREPACIFIC Group	1,900		78,047
Asia Cement Company, Ltd.	32		3,514
ASIA Holdings Company, Ltd.	241		27,937
Asia Paper Manufacturing Company, Ltd.	565		21,130
BNK Financial Group, Inc.	20,556		152,337
Bookook Securities Company, Ltd.	501		10,489
Chongkundang Holdings Corp.	288		20,594
Chosun Refractories Company, Ltd.	338		25,074
CJ CheilJedang Corp.	900		309,664
CJ Corp.	1,674		138,364
CJ ENM Company, Ltd.	451		57,149
CJ Logistics Corp. (A)	826		106,258
Com2uS Corp.	682		56,411
Dae Han Flour Mills Company, Ltd.	232		31,608
Dae Won Kang Up Company, Ltd.	4,385		15,109
Daedong Corp.	3,364		28,932
Daesang Corp.	2,028		41,325
Daesang Holdings Company, Ltd.	2,310		19,852
Daesung Holdings Company, Ltd.	560		19,688
Daewoo Engineering & Construction Company, Ltd. (A)	20,805		117,422
Dahaam E-Tec Company, Ltd. (A)	2,630		126,391
Daihan Pharmaceutical Company, Ltd.	563		14,526
Daishin Securities Company, Ltd.	3,901		67,433
Daou Data Corp.	1,778		19,802
Daou Technology, Inc.	2,309		47,290
DB Financial Investment Company, Ltd.	3,849		21,449
DB Insurance Company, Ltd.	5,058		270,622
DB, Inc. (A)	19,825		16,898
Deutsch Motors, Inc.	3,903		23,831
DGB Financial Group, Inc.	22,082		184,083
DL E&C Company, Ltd. (A)	2,017		225,781
DL Holdings Company, Ltd.	1,609		101,973
DMS Company, Ltd.	3,275		18,709
Dongkuk Industries Company, Ltd.	8,476		27,112
Dongkuk Steel Mill Company, Ltd.	6,404		97,744
Dongwon Development Company, Ltd.	5,212		24,860
Dongwon F&B Company, Ltd.	122		21,038
Dongwon Industries Company, Ltd.	176		33,972
Doosan Bobcat, Inc. (A)	4,079		135,997
Doosan Company, Ltd.	554		46,097
Doosan Infracore Company, Ltd. (A)	5,929		47,546
DTR Automotive Corp.	1,179		46,322
Easy Holdings Company, Ltd.	3,872		16,183
E-MART, Inc.	1,480		203,744
Eugene Corp.	6,888		28,715
Eugene Investment & Securities Company, Ltd.	11,471		36,672
Eusu Holdings Company, Ltd.	1,407		6,935
Farmsco	2,687		14,170
GS Engineering & Construction Corp.	6,882		245,145
GS Global Corp. (A)	7,813		16,823
GS Holdings Corp.	5,061		188,931
GS Retail Company, Ltd.	3,309		90,440

 

62

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Emerging Markets Value Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
South Korea (continued)
Gwangju Shinsegae Company, Ltd.	152	$	24,950
Halla Holdings Corp.	837		38,963
Han Kuk Carbon Company, Ltd.	2,438		24,057
Hana Financial Group, Inc.	22,866		888,843
Handok, Inc.	729		15,123
Handsome Company, Ltd.	1,545		51,160
Hanil Cement Company, Ltd.	1,450		21,616
Hanil Holdings Company, Ltd.	2,975		35,137
Hanjin Transportation Company, Ltd.	1,052		32,808
Hankook Tire & Technology Company, Ltd.	8,520		308,759
Hanshin Construction Company, Ltd.	1,844		31,629
Hansol Holdings Company, Ltd.	5,241		17,657
Hansol Paper Company, Ltd.	2,920		39,708
Hansol Technics Company, Ltd. (A)	3,325		19,342
Hanwha Aerospace Company, Ltd.	2,248		94,193
Hanwha Corp.	3,675		104,876
Hanwha General Insurance Company, Ltd. (A)	5,427		20,538
Hanwha Investment & Securities Company, Ltd. (A)	15,071		54,421
Hanwha Life Insurance Company, Ltd.	34,108		103,207
Hanwha Solutions Corp. (A)	10,905		406,605
Hanyang Eng Company, Ltd.	1,654		21,076
Harim Holdings Company, Ltd.	5,472		43,272
HDC Hyundai Development Co-Engineering & Construction, Series E	969		22,195
Hitejinro Holdings Company, Ltd.	995		11,798
HS Industries Company, Ltd.	4,056		23,192
Huchems Fine Chemical Corp.	1,170		28,308
Huvis Corp.	3,715		31,192
Huvitz Company, Ltd.	1,341		10,276
Hyosung Corp.	540		52,486
Hyosung Heavy Industries Corp. (A)	742		47,749
Hyundai Construction Equipment Company, Ltd. (A)	1,613		55,090
Hyundai Corp.	1,339		21,316
Hyundai Corp. Holdings, Inc.	1,811		20,308
Hyundai Department Store Company, Ltd.	1,243		83,030
Hyundai Electric & Energy System Company, Ltd. (A)	2,220		51,311
Hyundai Engineering & Construction Company, Ltd.	5,976		255,689
Hyundai Futurenet Company, Ltd.	8,894		34,662
Hyundai Glovis Company, Ltd.	1,173		162,460
Hyundai Greenfood Company, Ltd.	5,234		40,898
Hyundai Heavy Industries Holdings Company, Ltd.	3,580		193,859
Hyundai Home Shopping Network Corp.	652		38,965
Hyundai Livart Furniture Company, Ltd.	1,327		19,064
Hyundai Marine & Fire Insurance Company, Ltd.	6,179		132,037
Hyundai Mipo Dockyard Company, Ltd. (A)	1,765		102,768
Hyundai Mobis Company, Ltd.	4,311		909,699
Hyundai Motor Company	7,975		1,327,563
Hyundai Motor Securities Company, Ltd.	3,480		36,706
Hyundai Steel Company	6,801		267,063
Hyundai Wia Corp.	1,286		84,561
ICD Company, Ltd.	1,893		20,992
Iljin Holdings Company, Ltd.	4,669		28,039
Industrial Bank of Korea	26,166		230,543
Innocean Worldwide, Inc.	469		23,820

Emerging Markets Value Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
South Korea (continued)
INTOPS Company, Ltd.	1,374	$	29,363
Inzi Controls Company, Ltd.	1,760		21,629
IS Dongseo Company, Ltd.	562		21,895
Jahwa Electronics Company, Ltd. (A)	2,057		30,964
JB Financial Group Company, Ltd.	13,171		98,807
Jeil Savings Bank (A)(D)	1,820		0
KB Financial Group, Inc.	550		25,579
KB Financial Group, Inc., ADR	33,905		1,573,531
KC Company, Ltd.	1,496		27,752
KCC Corp.	347		120,159
KCC Glass Corp.	939		54,114
KCTC	4,403		22,139
KEPCO Plant Service & Engineering Company, Ltd.	694		22,423
KG Chemical Corp.	799		23,000
Kginicis Company, Ltd.	1,417		20,682
KGMobilians Company, Ltd.	2,700		21,374
Kia Corp.	18,836		1,272,118
KISCO Corp.	4,131		34,532
KISCO Holdings Company, Ltd.	1,536		27,898
KISWIRE, Ltd.	1,553		39,668
KIWOOM Securities Company, Ltd.	1,432		131,095
Kolmar Korea Holdings Company, Ltd.	1,323		24,529
Kolon Corp.	898		29,408
Kolon Industries, Inc.	1,911		159,148
Korea Asset In Trust Company, Ltd.	9,060		34,691
Korea Electric Terminal Company, Ltd.	561		35,367
Korea Investment Holdings Company, Ltd.	4,028		289,460
Korea Line Corp. (A)	23,137		56,136
Korea Petrochemical Industrial Company, Ltd.	441		78,946
Korea Real Estate Investment & Trust Company, Ltd.	14,635		30,093
Korea Shipbuilding & Offshore Engineering Company, Ltd. (A)	2,882		244,923
Korea Zinc Company, Ltd.	845		356,491
Korean Air Lines Company, Ltd. (A)	9,563		269,273
Korean Reinsurance Company	9,470		75,939
Kortek Corp.	1,806		15,469
KPX Chemical Company, Ltd.	660		33,977
KSS LINE, Ltd.	3,562		34,120
KT Skylife Company, Ltd.	1,768		14,757
KT&G Corp.	8,656		592,187
KTB Investment & Securities Company, Ltd.	4,729		24,966
Kukdo Chemical Company, Ltd.	466		28,699
Kumho Petrochemical Company, Ltd.	1,041		163,519
Kumho Tire Company, Inc. (A)	7,054		32,705
KUMHOE&C Company, Ltd.	2,357		25,746
Kwang Dong Pharmaceutical Company, Ltd.	3,313		22,279
Kyeryong Construction Industrial Company, Ltd.	844		27,608
Kyung-In Synthetic Corp.	4,181		24,074
LF Corp.	2,312		34,645
LG Corp.	6,087		473,873
LG Display Company, Ltd., ADR (A)(B)	52,646		418,536
LG Electronics, Inc.	10,548		1,121,275
LG HelloVision Company, Ltd.	3,836		22,789
LG Uplus Corp.	18,651		234,456
LIG Nex1 Company, Ltd.	667		28,939
Lotte Chemical Corp.	1,193		240,120
Lotte Chilsung Beverage Company, Ltd.	305		37,651
Lotte Corp.	2,012		56,790

 

63

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Emerging Markets Value Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
South Korea (continued)
Lotte Data Communication Company	697	$	21,035
LOTTE Fine Chemical Company, Ltd.	1,504		114,541
Lotte Food Company, Ltd.	34		11,818
LOTTE Himart Company, Ltd.	1,006		25,031
Lotte Non-Life Insurance Company, Ltd. (A)	5,459		8,651
Lotte Shopping Company, Ltd.	881		75,357
LS Corp.	1,793		96,000
LS Electric Company, Ltd.	438		24,353
LX Hausys, Ltd.	659		43,332
LX Holdings Corp. (A)	2,952		23,494
LX International Corp.	2,902		84,011
Mando Corp. (A)	1,993		94,694
Meritz Financial Group, Inc.	3,839		108,452
Meritz Fire & Marine Insurance Company, Ltd.	4,695		120,140
Meritz Securities Company, Ltd.	35,902		148,789
Mirae Asset Life Insurance Company, Ltd.	8,582		35,382
Mirae Asset Securities Company, Ltd.	27,337		197,146
Motonic Corp.	2,259		20,542
Muhak Company, Ltd.	2,080		19,514
Namyang Dairy Products Company, Ltd.	58		20,868
Nexen Corp.	3,733		15,838
Nexen Tire Corp.	6,465		42,194
NH Investment & Securities Company, Ltd.	12,340		132,878
NHN Corp. (A)	941		55,391
Nice Information & Telecommunication, Inc.	705		20,572
Nong Shim Holdings Company, Ltd.	402		25,067
NongShim Company, Ltd.	255		60,530
NS Shopping Company, Ltd.	1,078		13,144
OCI Company, Ltd. (A)	1,606		215,474
Orion Holdings Corp.	2,756		38,358
Ottogi Corp.	45		18,631
Paik Kwang Industrial Company, Ltd.	4,235		23,905
Pan Ocean Company, Ltd.	26,446		166,018
Paradise Company, Ltd. (A)	2,760		40,683
Partron Company, Ltd.	2,739		21,192
Poongsan Corp.	2,423		67,173
Poongsan Holdings Corp.	1,129		28,799
POSCO	5,684		1,565,139
Posco International Corp.	5,969		118,823
Protec Company, Ltd.	1,070		23,394
Pyeong Hwa Automotive Company, Ltd.	2,626		24,871
RFTech Company, Ltd. (A)	4,033		20,159
Sam Young Electronics Company, Ltd.	938		9,686
Samho Development Company, Ltd.	4,213		18,934
Sammok S-Form Company, Ltd. (A)	1,315		16,899
SAMPYO Cement Company, Ltd.	4,134		17,057
Samsung C&T Corp.	4,883		503,240
Samsung Card Company, Ltd.	2,454		69,714
Samsung Electronics Company, Ltd.	36,602		2,269,126
Samsung Fire & Marine Insurance Company, Ltd.	3,065		605,632
Samsung Heavy Industries Company, Ltd. (A)	33,148		172,577
Samsung Life Insurance Company, Ltd.	4,666		286,246
Samsung Securities Company, Ltd.	4,810		192,141
SAMT Company, Ltd.	6,654		28,147
Samyang Corp.	258		15,359
Samyang Holdings Corp.	535		49,987
Sangsangin Company, Ltd. (A)	3,653		27,008
Seah Besteel Corp.	1,017		21,943

Emerging Markets Value Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
South Korea (continued)
Sebang Company, Ltd.	1,153	$	12,381
Sebang Global Battery Company, Ltd.	601		42,749
Sejong Industrial Company, Ltd.	1,547		15,804
Sejong Telecom, Inc. (A)	42,334		21,018
Seohee Construction Company, Ltd.	13,592		21,235
Seoul Semiconductor Company, Ltd.	3,322		42,422
SFA Engineering Corp.	683		21,195
SGC eTec E&C Company, Ltd.	137		8,021
Shindaeyang Paper Company, Ltd.	267		21,339
Shinhan Financial Group Company, Ltd.	2,494		84,246
Shinhan Financial Group Company, Ltd., ADR	37,508		1,262,894
Shinsegae Engineering & Construction Company, Ltd.	621		21,020
Shinsegae Food Company, Ltd.	268		22,245
Shinsegae, Inc.	668		147,156
Shinwha Intertek Corp.	4,441		12,878
Shinyoung Securities Company, Ltd.	580		30,677
SK Chemicals Company, Ltd.	272		64,495
SK Discovery Company, Ltd.	1,496		59,979
SK Gas, Ltd.	304		40,984
SK Hynix, Inc.	29,904		2,559,972
SK Innovation Company, Ltd. (A)	2,536		558,327
SK Networks Company, Ltd.	16,268		70,514
SK Securities Company, Ltd.	27,076		20,048
SK, Inc.	2,806		626,965
SL Corp.	1,618		36,856
SNT Holdings Company, Ltd.	1,460		23,173
SNT Motiv Company, Ltd.	882		37,454
S-Oil Corp.	3,199		293,814
Songwon Industrial Company, Ltd.	1,547		25,810
Spigen Korea Company, Ltd.	525		21,547
Sungshin Cement Company, Ltd.	3,637		33,893
Sungwoo Hitech Company, Ltd.	2,984		14,369
Sunjin Company, Ltd.	2,276		27,483
Taekwang Industrial Company, Ltd.	48		44,839
Taeyoung Engineering & Construction Company, Ltd.	2,234		21,736
Tongyang Life Insurance Company, Ltd.	7,644		45,012
Toptec Company, Ltd.	2,535		20,196
Tovis Company, Ltd. (A)	1,305		8,612
TS Corp.	12,730		34,825
TY Holdings Company, Ltd. (A)	2,153		51,565
Unick Corp. (A)	2,729		17,050
Unid Company, Ltd.	534		58,769
WiSoL Company, Ltd.	2,256		20,703
Wonik Holdings Company, Ltd. (A)	5,948		26,023
Wonik Materials Company, Ltd.	880		23,922
Woori Financial Group, Inc.	41,842		408,385
Young Poong Corp.	51		28,603
Youngone Corp.	2,509		92,682
Youngone Holdings Company, Ltd.	920		36,499
Yuanta Securities Korea Company, Ltd.	11,703		39,708
Zeus Company, Ltd.	1,798		30,923
			35,252,445
Taiwan - 16.7%
Abico Avy Company, Ltd.	24,990		22,467
AcBel Polytech, Inc.	38,000		38,490
Acer, Inc. (B)	256,452		225,977
ACES Electronic Company, Ltd.	18,000		29,048
Acter Group Corp., Ltd.	4,000		26,399
Advanced International Multitech Company, Ltd.	13,000		36,040
Advancetek Enterprise Company, Ltd.	35,186		29,721
AGV Products Corp. (A)	11,716		4,448

 

64

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Emerging Markets Value Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Taiwan (continued)
Alpha Networks, Inc.	31,773	$	29,153
Altek Corp.	16,000		19,728
AmTRAN Technology Company, Ltd. (A)	53,000		32,771
Apacer Technology, Inc.	11,000		16,401
APCB, Inc.	37,000		28,130
Apex International Company, Ltd.	7,000		16,920
Ardentec Corp.	45,000		93,228
Argosy Research, Inc.	7,000		21,895
ASE Technology Holding Company, Ltd.	214,000		827,926
Asia Cement Corp.	210,805		343,030
Asia Polymer Corp.	50,607		82,341
Asia Tech Image, Inc.	12,000		24,433
Asia Vital Components Company, Ltd.	29,328		82,347
Asustek Computer, Inc.	68,000		789,765
AU Optronics Corp.	143,000		89,651
Audix Corp.	21,000		40,478
Bank of Kaohsiung Company, Ltd.	27,810		10,904
Basso Industry Corp.	8,000		12,360
BES Engineering Corp.	163,700		50,738
Capital Securities Corp.	183,403		99,277
Career Technology MFG. Company, Ltd. (A)	61,200		56,701
Catcher Technology Company, Ltd.	66,000		394,529
Cathay Financial Holding Company, Ltd.	751,423		1,549,272
Cathay Real Estate Development Company, Ltd.	46,400		31,946
Celxpert Energy Corp.	12,000		15,448
Central Reinsurance Company, Ltd.	31,500		30,822
Chang Hwa Commercial Bank, Ltd. (B)	334,238		196,803
Channel Well Technology Company, Ltd.	16,000		21,994
Charoen Pokphand Enterprise	10,000		28,648
CHC Healthcare Group	21,000		28,561
Chen Full International Company, Ltd.	15,000		21,483
Chenbro Micom Company, Ltd.	10,000		26,626
Cheng Loong Corp.	68,320		86,914
Cheng Shin Rubber Industry Company, Ltd.	132,000		167,459
Cheng Uei Precision Industry Company, Ltd.	37,629		51,096
Chicony Electronics Company, Ltd.	18,000		49,470
Chilisin Electronics Corp.	24,000		73,452
China Airlines, Ltd. (A)	264,910		162,070
China Bills Finance Corp.	95,000		55,234
China Chemical & Pharmaceutical Company, Ltd.	34,000		27,745
China Development Financial Holding Corp.	989,208		500,268
China General Plastics Corp.	37,485		61,533
China Life Insurance Company, Ltd.	55,682		57,706
China Man-Made Fiber Corp. (A)	171,552		65,606
China Metal Products Company, Ltd.	42,513		48,094
China Motor Corp.	30,250		79,864
China Petrochemical Development Corp. (A)	275,677		126,043
China Steel Corp.	836,180		1,082,038
Chin-Poon Industrial Company, Ltd.	43,571		45,240
Chipbond Technology Corp.	80,000		192,049
ChipMOS Technologies, Inc.	66,938		113,270
Chong Hong Construction Company, Ltd. (A)	19,000		54,787
Chun Yuan Steel Industry Company, Ltd.	50,874		46,791
Chung Hung Steel Corp.	38,625		57,005
Chung-Hsin Electric & Machinery Manufacturing Corp.	46,500		80,677

Emerging Markets Value Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Taiwan (continued)
CMC Magnetics Corp. (A)	72,470	$	23,135
Compal Electronics, Inc.	463,000		390,331
Compeq Manufacturing Company, Ltd.	111,000		147,218
Concord Securities Company, Ltd.	26,000		11,293
Concraft Holding Company, Ltd.	9,000		18,940
Continental Holdings Corp.	49,050		41,312
Coretronic Corp.	40,000		78,224
CTBC Financial Holding Company, Ltd.	1,714,348		1,403,006
CTCI Corp.	8,000		10,278
DA CIN Construction Company, Ltd.	20,000		21,332
Darfon Electronics Corp.	16,000		23,577
Darwin Precisions Corp. (A)	37,000		14,738
Delpha Construction Company, Ltd. (A)	3,826		2,118
Depo Auto Parts Industrial Company, Ltd.	21,000		41,818
D-Link Corp.	55,000		36,781
Dyaco International, Inc.	5,000		11,112
Dynamic Electronics Company, Ltd.	35,584		26,810
Dynapack International Technology Corp.	10,000		34,450
E Ink Holdings, Inc. (B)	67,000		175,529
E.Sun Financial Holding Company, Ltd.	81,344		76,546
Edom Technology Company, Ltd.	37,400		38,870
Elite Semiconductor Microelectronics Technology, Inc.	27,000		124,708
Elitegroup Computer Systems Company, Ltd.	42,104		35,798
Ennoconn Corp.	6,000		41,049
Ennostar, Inc. (A)	9,656		24,356
EnTie Commercial Bank Company, Ltd.	58,000		33,649
Eson Precision Ind Company, Ltd.	12,000		26,155
Eternal Materials Company, Ltd.	12,000		16,119
Eva Airways Corp. (A)	287,725		193,466
Everest Textile Company, Ltd. (A)	64,835		23,179
Evergreen International Storage & Transport Corp.	67,600		74,708
Evergreen Marine Corp. Taiwan, Ltd.	11,655		51,778
Everlight Chemical Industrial Corp.	49,250		45,071
Everlight Electronics Company, Ltd.	46,000		78,019
Excelsior Medical Company, Ltd.	16,573		32,833
Far Eastern Department Stores, Ltd.	116,720		93,255
Far Eastern International Bank	324,637		121,473
Far Eastern New Century Corp.	272,249		289,909
Farglory Land Development Company, Ltd.	28,530		59,245
Federal Corp. (A)	13,000		13,628
First Financial Holding Company, Ltd.	613,054		495,211
First Steamship Company, Ltd.	84,809		46,486
Formosa Advanced Technologies Company, Ltd.	25,000		34,012
Formosa Chemicals & Fibre Corp.	184,000		550,475
Formosa Laboratories, Inc. (A)	9,543		21,092
Formosa Plastics Corp.	146,000		590,272
Formosa Taffeta Company, Ltd.	67,000		72,058
Formosan Rubber Group, Inc.	33,020		26,862
Formosan Union Chemical	48,812		35,686
Foxconn Technology Company, Ltd.	74,626		186,628
Fubon Financial Holding Company, Ltd.	761,659		2,081,486
Fulgent Sun International Holding Company, Ltd.	11,000		38,903
Fulltech Fiber Glass Corp. (A)	45,000		26,982
G Shank Enterprise Company, Ltd.	15,535		28,456
Gemtek Technology Corp.	32,000		30,647
General Interface Solution Holding, Ltd.	29,000		98,294
Giantplus Technology Company, Ltd. (A)	31,000		13,205

 

65

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Emerging Markets Value Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Taiwan (continued)
Gigabyte Technology Company, Ltd.	9,000	$	27,812
Ginko International Company, Ltd.	4,000		26,325
Global Brands Manufacture, Ltd.	40,806		48,138
Global Lighting Technologies, Inc.	6,000		16,215
Globe Union Industrial Corp.	51,750		28,274
Gloria Material Technology Corp.	39,684		35,283
Gold Circuit Electronics, Ltd.	44,000		101,493
Goldsun Building Materials Company, Ltd.	123,540		107,881
Grand Ocean Retail Group, Ltd.	13,000		8,741
Grand Pacific Petrochemical	77,000		78,989
Great China Metal Industry	33,000		30,706
Great Wall Enterprise Company, Ltd.	41,977		82,402
Hannstar Board Corp.	39,750		57,919
HannStar Display Corp. (B)	276,842		148,772
HannsTouch Solution, Inc.	64,000		26,194
Hey Song Corp.	40,000		48,884
Ho Tung Chemical Corp.	88,399		33,479
Hon Hai Precision Industry Company, Ltd.	767,448		2,864,586
Hong Pu Real Estate Development Company, Ltd.	27,000		20,469
Hsing TA Cement Company, Ltd.	38,000		30,286
Hua Nan Financial Holdings Company, Ltd.	499,126		364,382
Hung Sheng Construction, Ltd.	42,240		33,800
IBF Financial Holdings Company, Ltd.	273,740		157,925
Ichia Technologies, Inc.	25,000		14,337
IEI Integration Corp.	12,000		18,994
Innolux Corp. (B)	657,561		395,795
Inpaq Technology Company, Ltd. (A)	12,000		22,809
Integrated Service Technology, Inc.	9,000		15,493
International CSRC Investment Holdings Company	81,383		68,208
Inventec Corp.	267,000		246,002
Iron Force Industrial Company, Ltd.	6,000		14,836
Jarllytec Company, Ltd.	9,000		19,990
Jess-Link Products Company, Ltd.	13,000		15,922
Kaimei Electronic Corp.	13,300		39,565
Kenda Rubber Industrial Company, Ltd.	39,520		45,438
King Yuan Electronics Company, Ltd.	122,796		178,575
King's Town Bank Company, Ltd.	100,000		148,996
King's Town Construction Company, Ltd. (A)	7,300		9,959
Kinko Optical Company, Ltd. (A)	15,758		15,656
Kinpo Electronics, Inc.	160,269		76,157
Kinsus Interconnect Technology Corp.	22,000		158,050
Kuo Toong International Company, Ltd.	18,248		14,719
L&K Engineering Company, Ltd.	17,000		17,524
Largan Precision Company, Ltd.	1,000		77,910
Laster Tech Corp., Ltd.	11,000		15,055
Lealea Enterprise Company, Ltd. (A)	90,124		40,415
Li Peng Enterprise Company, Ltd. (A)	62,000		25,762
Lida Holdings, Ltd.	4,640		4,682
Lien Hwa Industrial Holdings Corp.	42,900		85,937
Lingsen Precision Industries, Ltd. (A)	49,481		47,258
Lite-On Technology Corp.	164,000		365,512
Longchen Paper & Packaging Company, Ltd.	89,177		89,027
Lung Yen Life Service Corp.	9,000		14,732
Macauto Industrial Company, Ltd.	8,000		22,433
Macronix International Company, Ltd.	129,000		168,299
Mega Financial Holding Company, Ltd.	570,472		654,622
Mercuries & Associates Holding, Ltd.	47,815		44,203

Emerging Markets Value Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Taiwan (continued)
Mercuries Life Insurance Company, Ltd. (A)	55,163	$	18,370
Mitac Holdings Corp.	58,316		59,692
MPI Corp.	11,000		47,210
Namchow Holdings Company, Ltd.	9,000		15,796
Nan Ya Plastics Corp.	216,000		706,073
Nanya Technology Corp. (B)	137,000		319,909
Nichidenbo Corp.	14,000		25,762
Nishoku Technology, Inc.	7,800		22,639
O-Bank Company, Ltd.	52,538		14,310
OptoTech Corp.	39,439		45,430
Pacific Construction Company	38,289		13,066
Paiho Shih Holdings Corp.	11,000		14,549
Pan German Universal Motors, Ltd.	2,000		15,042
Pan Jit International, Inc.	13,000		41,122
Pan-International Industrial Corp.	44,481		62,050
Pegatron Corp.	220,660		528,462
PharmaEngine, Inc.	9,000		17,775
Phison Electronics Corp.	5,000		66,880
Pou Chen Corp.	180,348		217,291
Powertech Technology, Inc.	12,000		44,647
President Securities Corp.	99,550		81,635
Primax Electronics, Ltd.	26,000		47,451
Prince Housing & Development Corp.	142,555		70,770
Prodisc Technology, Inc. (A)(D)	762,000		0
Qisda Corp.	186,280		189,749
Quanta Computer, Inc.	201,000		556,231
Quanta Storage, Inc.	23,000		29,715
Radiant Opto-Electronics Corp.	23,000		76,809
Radium Life Tech Company, Ltd.	102,621		38,480
Rechi Precision Company, Ltd.	20,000		13,223
Ritek Corp. (A)	57,799		19,861
Roo Hsing Company, Ltd. (A)	67,000		19,228
Ruentex Development Company, Ltd.	85,880		175,972
Ruentex Industries, Ltd.	26,000		118,418
Sampo Corp.	43,470		46,267
San Far Property, Ltd.	28,964		16,031
Sanyang Motor Company, Ltd.	48,000		45,243
Savior Lifetec Corp. (A)	18,958		13,892
SCI Pharmtech, Inc.	7,200		20,849
Sercomm Corp.	22,000		48,933
Sesoda Corp.	26,064		30,446
Shan-Loong Transportation Company, Ltd.	23,000		29,018
Sheng Yu Steel Company, Ltd.	22,000		29,241
ShenMao Technology, Inc.	8,000		15,032
Shihlin Electric & Engineering Corp.	21,000		38,023
Shin Kong Financial Holding Company, Ltd.	870,344		289,198
Shin Zu Shing Company, Ltd.	8,000		29,577
Shining Building Business Company, Ltd. (A)	55,118		21,617
Shinkong Insurance Company, Ltd.	27,000		43,127
Shinkong Synthetic Fibers Corp.	132,239		96,515
Sigurd Microelectronics Corp.	47,773		100,702
Simplo Technology Company, Ltd.	8,000		82,271
Sincere Navigation Corp.	24,000		33,961
Sinher Technology, Inc.	8,000		12,661
Sinon Corp.	45,650		39,967
SinoPac Financial Holdings Company, Ltd.	756,931		376,068
Sirtec International Company, Ltd.	23,800		22,109
Siward Crystal Technology Company, Ltd.	20,000		23,301
Soft-World International Corp.	4,000		12,499

 

66

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Emerging Markets Value Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Taiwan (continued)
Sunonwealth Electric Machine Industry Company, Ltd.	18,000	$	24,669
Sunrex Technology Corp.	11,678		18,580
Supreme Electronics Company, Ltd.	13,268		20,922
Syncmold Enterprise Corp.	6,000		14,856
SYNergy ScienTech Corp.	10,000		11,385
Synmosa Biopharma Corp.	20,176		17,193
Synnex Technology International Corp.	120,000		223,471
TA Chen Stainless Pipe (A)	85,894		139,574
Ta Ya Electric Wire & Cable	54,893		52,300
TA-I Technology Company, Ltd.	8,000		17,686
Taichung Commercial Bank Company, Ltd.	463,213		192,488
Taiflex Scientific Company, Ltd.	24,100		39,736
Tainan Spinning Company, Ltd.	135,638		125,874
Taishin Financial Holding Company, Ltd.	890,924		576,754
Taita Chemical Company, Ltd.	26,495		36,834
Taiwan Business Bank	509,791		174,527
Taiwan Cement Corp.	400,318		729,082
Taiwan Chinsan Electronic Industrial Company, Ltd.	14,420		24,750
Taiwan Cooperative Financial Holding Company, Ltd.	673,940		532,890
Taiwan Fertilizer Company, Ltd.	52,000		125,920
Taiwan Fire & Marine Insurance Company, Ltd.	41,000		29,073
Taiwan FU Hsing Industrial Company, Ltd.	21,000		30,400
Taiwan Glass Industry Corp.	112,319		117,313
Taiwan Hon Chuan Enterprise Company, Ltd.	34,000		86,070
Taiwan Kolin Company, Ltd. (A)(D)	327,000		0
Taiwan PCB Techvest Company, Ltd.	36,000		60,001
Taiwan Semiconductor Company, Ltd.	14,000		32,049
Taiwan Shin Kong Security Company, Ltd.	8,000		10,929
Taiwan Styrene Monomer	38,000		27,353
Taiwan Surface Mounting Technology Corp.	26,225		94,934
Taiyen Biotech Company, Ltd.	26,137		31,449
Tatung Company, Ltd. (A)	116,000		134,840
TBI Motion Technology Company, Ltd.	12,000		19,759
Teco Electric & Machinery Company, Ltd.	132,000		147,219
Test Research, Inc.	13,000		25,914
The Ambassador Hotel (A)	29,000		30,052
The Shanghai Commercial & Savings Bank, Ltd.	134,000		212,930
Thye Ming Industrial Company, Ltd.	31,000		34,829
Ton Yi Industrial Corp.	97,000		47,259
Tong Yang Industry Company, Ltd.	40,627		49,261
Tong-Tai Machine & Tool Company, Ltd. (A)	26,588		15,628
TOPBI International Holdings, Ltd.	8,077		3,913
Topkey Corp.	6,000		29,910
Topoint Technology Company, Ltd.	29,190		41,284
TPK Holding Company, Ltd.	41,000		57,019
Tripod Technology Corp.	6,000		23,842
Tsann Kuen Enterprise Company, Ltd.	7,000		11,481
TSRC Corp.	28,000		31,351
Tung Ho Steel Enterprise Corp.	92,000		134,501
TXC Corp.	34,000		126,791
TYC Brother Industrial Company, Ltd.	15,511		11,021
Tyntek Corp.	36,000		29,032
U-Ming Marine Transport Corp.	38,000		93,089

Emerging Markets Value Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Taiwan (continued)
Unimicron Technology Corp.	111,000	$	519,386
Union Bank of Taiwan (A)	261,545		110,866
Unitech Printed Circuit Board Corp. (A)	74,194		47,866
United Microelectronics Corp.	940,794		2,132,544
Universal Cement Corp.	27,483		20,822
Unizyx Holding Corp. (A)	34,000		30,376
UPC Technology Corp.	89,751		80,650
USI Corp.	80,996		107,902
Wah Lee Industrial Corp.	26,520		76,951
Walsin Lihwa Corp.	180,000		161,662
Walsin Technology Corp. (A)	25,000		135,472
Walton Advanced Engineering, Inc. (A)	39,584		24,071
Wei Chuan Foods Corp.	33,000		25,808
Weikeng Industrial Company, Ltd.	25,000		25,240
Well Shin Technology Company, Ltd.	15,000		25,297
Winbond Electronics Corp.	342,793		321,429
Wintek Corp. (A)(D)	543,000		0
Wisdom Marine Lines Company, Ltd.	26,343		76,138
Wistron Corp.	323,291		317,808
Wistron NeWeb Corp.	19,000		49,480
WPG Holdings, Ltd.	180,400		312,508
WT Microelectronics Company, Ltd.	50,174		108,575
Xxentria Technology Materials Corp.	8,000		19,084
YC INOX Company, Ltd.	40,104		53,286
Yea Shin International Development Company, Ltd.	20,906		15,691
Yem Chio Company, Ltd.	42,715		24,385
Yeong Guan Energy Technology Group Company, Ltd.	13,553		32,375
YFY, Inc.	132,202		160,599
Yi Jinn Industrial Company, Ltd.	51,613		33,873
Yieh Phui Enterprise Company, Ltd. (A)(B)	68,899		74,496
Youngtek Electronics Corp.	17,000		45,959
Yuanta Financial Holding Company, Ltd.	990,371		873,797
Yulon Motor Company, Ltd.	64,470		97,736
YungShin Global Holding Corp.	8,000		12,361
Yungtay Engineering Company, Ltd.	5,000		11,515
Zeng Hsing Industrial Company, Ltd.	4,000		20,931
Zenitron Corp.	45,000		46,529
Zhen Ding Technology Holding, Ltd.	44,000		154,703
Zig Sheng Industrial Company, Ltd.	38,908		29,367
			41,363,398
Thailand - 2.0%
AAPICO Hitech PCL	35,352		21,593
AP Thailand PCL	223,670		53,726
Bangchak Corp. PCL	91,600		74,082
Bangkok Airways PCL (A)	116,100		38,255
Bangkok Bank PCL	12,800		43,685
Bangkok Bank PCL, NVDR	14,500		49,487
Bangkok Insurance PCL	4,550		36,298
Bangkok Land PCL	1,059,200		33,741
Bangkok Life Assurance PCL, NVDR	29,900		25,478
Bangkok Ranch PCL (A)	92,300		8,057
Banpu PCL	535,066		195,247
Berli Jucker PCL	86,900		84,250
Cal-Comp Electronics Thailand PCL	123,800		9,856
Charoen Pokphand Foods PCL	377,100		286,232
GFPT PCL	43,900		16,070
Global Green Chemicals PCL	67,700		23,399
Indorama Ventures PCL	82,600		107,589
IRPC PCL	943,100		114,997
Italian-Thai Development PCL (A)	477,400		32,262
Kasikornbank PCL, NVDR	101,600		395,829
Khon Kaen Sugar Industry PCL (A)	192,600		21,297

 

67

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Emerging Markets Value Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Thailand (continued)
Kiatnakin Phatra Bank PCL	19,400	$	31,229
Krung Thai Bank PCL	265,400		85,646
LH Financial Group PCL	709,300		31,803
LPN Development PCL	52,900		7,566
MBK PCL (A)	48,672		19,912
Millcon Steel PCL	152,625		7,327
Polyplex Thailand PCL	14,000		11,643
Pruksa Holding PCL	78,800		30,181
PTT Exploration & Production PCL	127,800		440,262
PTT Global Chemical PCL	133,900		248,171
PTT PCL	938,700		1,073,688
Quality Houses PCL	746,900		48,001
Rojana Industrial Park PCL	113,100		20,799
Saha-Union PCL	16,100		15,419
Sansiri PCL	1,026,866		36,261
SC Asset Corp. PCL	476,596		45,250
Siam Future Development PCL	167,749		58,996
Somboon Advance Technology PCL	51,300		29,880
SPCG PCL	58,900		30,087
Sri Trang Agro-Industry PCL	49,100		48,391
Srithai Superware PCL (A)	283,000		11,845
STP & I PCL (A)	21,600		2,756
Supalai PCL	151,900		89,366
Super Energy Corp. PCL	743,000		20,376
Syntec Construction PCL	156,500		9,108
Thai Oil PCL	85,600		130,921
Thai Stanley Electric PCL	700		3,694
Thai Union Group PCL	35,600		22,799
Thaicom PCL	79,400		23,386
Thanachart Capital PCL	37,300		37,227
The Siam Cement PCL	8,200		97,058
The Siam Commercial Bank PCL	68,700		245,962
Thitikorn PCL	100		27
TMBThanachart Bank PCL	1,334,352		43,445
TPI Polene PCL	559,900		28,886
TPI Polene Power PCL	283,200		35,450
True Corp. PCL	1,139,000		127,323
Univentures PCL	51,700		6,100
Vinythai PCL	9,700		10,753
			4,938,424
Turkey - 0.5%
Akbank TAS	217,215		130,425
Anadolu Efes Biracilik Ve Malt Sanayii AS	14,921		35,951
Arcelik AS	7,251		26,473
Dogan Sirketler Grubu Holding AS	52,374		14,938
EIS Eczacibasi Ilac ve Sinai ve Finansal Yatirimlar Sanayi ve Ticaret AS	30,810		20,252
Enka Insaat ve Sanayi AS	70,950		81,972
Eregli Demir ve Celik Fabrikalari TAS	66,873		123,146
Goldas Kuyumculuk Sanayi Ithalat Ve Bagli Ortakliklari (A)(D)	54,846		583
Gozde Girisim Sermayesi Yatirim Ortakligi AS (A)	28,775		18,424
GSD Holding AS (A)	78,125		22,883
KOC Holding AS	34,979		89,036
Koza Anadolu Metal Madencilik Isletmeleri AS (A)	15,600		25,449
NET Holding AS (A)	40,130		22,422
Sekerbank Turk AS (A)	178,589		19,407
Tekfen Holding AS	11,038		17,002
Turk Hava Yollari AO (A)	64,941		102,440
Turkiye Garanti Bankasi AS	227,810		236,154
Turkiye Halk Bankasi AS (A)	56,201		27,112
Turkiye Is Bankasi AS, Class C	131,554		76,429

Emerging Markets Value Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Turkey (continued)
Turkiye Sinai Kalkinma Bankasi AS	141,027	$	18,854
Turkiye Sise ve Cam Fabrikalari AS	110,611		101,939
Turkiye Vakiflar Bankasi TAO, Class D (A)	91,535		33,431
Uzel Makina Sanayii AS (A)(D)	22,930		0
Vestel Elektronik Sanayi ve Ticaret AS	6,172		18,159
Yapi ve Kredi Bankasi AS	254,969		68,861
			1,331,742
Ukraine - 0.0%
Kernel Holding SA	7,742		117,002
United Arab Emirates - 0.7%
Abu Dhabi Commercial Bank PJSC	222,448		452,713
Aldar Properties PJSC	344,351		380,621
Amanat Holdings PJSC (A)	77,820		22,836
DAMAC Properties Dubai Company PJSC (A)	179,521		60,920
Dana Gas PJSC	87,037		24,923
Deyaar Development PJSC (A)	246,958		20,776
Dubai Financial Market PJSC (A)	83,924		23,677
Dubai Investments PJSC	195,034		92,141
Emaar Development PJSC (A)	74,937		78,339
Emaar Properties PJSC	266,138		294,153
Emirates NBD Bank PJSC	27,909		107,671
Eshraq Investments PJSC (A)	223,571		18,539
RAK Properties PJSC (A)	77,735		14,441
Ras Al Khaimah Ceramics	24,868		18,851
SHUAA Capital PSC	76,875		13,895
			1,624,496
United States - 0.0%
Bizlink Holding, Inc.	4,000		31,800
Nexteer Automotive Group, Ltd.	95,000		97,103
			128,903
TOTAL COMMON STOCKS (Cost $225,592,137)		$	240,648,143
PREFERRED SECURITIES - 1.6%
Brazil - 1.6%
Banco ABC Brasil SA	9,841		26,908
Banco Bradesco SA	213,071		814,997
Banco do Estado do Rio Grande do Sul SA, B Shares	22,600		48,389
Cia Ferro Ligas da Bahia	5,956		61,291
Eucatex SA Industria e Comercio	4,200		6,864
Gerdau SA	91,576		455,715
Marcopolo SA	55,200		29,497
Petroleo Brasileiro SA	459,144		2,295,825
Randon SA Implementos e Participacoes	11,172		24,167
Usinas Siderurgicas de Minas Gerais SA, A Shares	40,910		121,098
			3,884,751
Colombia - 0.0%
Grupo Argos SA	23,975		52,259
Grupo de Inversiones Suramericana SA	11,343		54,871
			107,130
Philippines - 0.0%
Cebu Air, Inc., 6.000%	15,189		11,604
TOTAL PREFERRED SECURITIES (Cost $4,501,262)		$	4,003,485
RIGHTS - 0.0%
Bharti Airtel, Ltd. (Expiration Date: 10-22-21; Strike Price: INR 535.00) (A)	557		1,150

 

68

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Emerging Markets Value Trust (continued)

	Shares or Principal Amount	Value
RIGHTS (continued)
Fubon Financial Holding Company, Ltd. (Expiration Date: 10-19-21; Strike Price: TWD 58.90) (A)	26,381	$	16,855
Hyundai Engineering & Construction Company, Ltd. (Expiration Date: 10-25-21; Strike Price: KRW 98,300.00) (A)	101		6,841
Itau CorpBanca Chile SA (Expiration Date: 11-3-21; Strike Price: CLP 1.80) (A)	10,081,598		2,115
Samsung Heavy Industries Company, Ltd. (Expiration Date: 11-1-21; Strike Price: KRW 5,130.00) (A)	10,973		9,916
TA Chen Stainless Pipe Company, Ltd. (Expiration Date: 10-19-21; Strike Price: TWD 43.00) (A)	13,595		1,391
TOTAL RIGHTS (Cost $0)		$	38,268
SHORT-TERM INVESTMENTS - 1.0%
Short-term funds - 1.0%
John Hancock Collateral Trust, 0.0303% (E)(F)	244,814		2,449,657
TOTAL SHORT-TERM INVESTMENTS (Cost $2,449,644)		$	2,449,657
Total Investments (Emerging Markets Value Trust) (Cost $232,543,043) - 99.6%		$	247,139,553
Other assets and liabilities, net - 0.4%			1,004,473
TOTAL NET ASSETS - 100.0%		$	248,144,026

Currency Abbreviations
CLP	Chilean Peso
INR	Indian Rupee
KRW	Korean Won
TWD	New Taiwan Dollar
Security Abbreviations and Legend
ADR	American Depositary Receipt
GDR	Global Depositary Receipt
NVDR	Non-Voting Depositary Receipt
(A)	Non-income producing security.
(B)	All or a portion of this security is on loan as of 9-30-21. The value of securities on loan amounted to $5,030,669. In addition to the cash collateral invested in John Hancock Collateral Trust, non-cash collateral of $3,096,492 in the form of U.S. Treasuries was pledged to the fund.
(C)	These 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.
(D)	Security is valued using significant unobservable inputs and is classified as Level 3 in the fair value hierarchy.
(E)	The rate shown is the annualized seven-day yield as of 9-30-21.
(F)	Investment is an affiliate of the fund, the advisor and/or subadvisor. This security represents the investment of cash collateral received for securities lending.

Equity Income Trust

	Shares or Principal Amount	Value
COMMON STOCKS – 97.1%
Communication services – 4.9%
Diversified telecommunication services – 0.5%
AT&T, Inc.	207,642	$	5,608,410

Equity Income Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Diversified telecommunication services (continued)
Verizon Communications, Inc.	46,833	$	2,529,450
			8,137,860
Entertainment – 0.8%
The Walt Disney Company (A)	81,896		13,854,346
Media – 3.6%
Comcast Corp., Class A	476,781		26,666,361
Fox Corp., Class B	325,759		12,092,174
News Corp., Class A	821,665		19,333,777
			58,092,312
			80,084,518
Consumer discretionary – 3.6%
Automobiles – 1.1%
Volkswagen AG, ADR	775,705		17,530,933
Hotels, restaurants and leisure – 0.7%
Las Vegas Sands Corp. (A)	297,270		10,880,082
Leisure products – 0.6%
Mattel, Inc. (A)	530,506		9,846,191
Multiline retail – 0.6%
Kohl's Corp.	212,493		10,006,295
Specialty retail – 0.6%
The TJX Companies, Inc.	149,053		9,834,517
			58,098,018
Consumer staples – 6.8%
Beverages – 0.5%
The Coca-Cola Company	159,937		8,391,894
Food and staples retailing – 0.4%
Walmart, Inc.	43,171		6,017,174
Food products – 3.1%
Bunge, Ltd.	34,454		2,801,799
Conagra Brands, Inc.	537,475		18,204,278
Mondelez International, Inc., Class A	16,165		940,480
Tyson Foods, Inc., Class A	375,229		29,620,577
			51,567,134
Household products – 1.3%
Kimberly-Clark Corp.	160,723		21,286,154
Tobacco – 1.5%
Altria Group, Inc.	126,306		5,749,449
Philip Morris International, Inc.	195,226		18,505,473
			24,254,922
			111,517,278
Energy – 5.8%
Energy equipment and services – 0.3%
Halliburton Company	227,339		4,915,069
Oil, gas and consumable fuels – 5.5%
Chevron Corp.	26,945		2,733,570
EOG Resources, Inc.	225,006		18,061,232
Exxon Mobil Corp.	231,489		13,616,183
Hess Corp.	15,834		1,236,794
Occidental Petroleum Corp.	114,542		3,388,152
Targa Resources Corp.	52,140		2,565,809
TC Energy Corp.	197,359		9,490,994
TotalEnergies SE	630,852		30,153,428
TotalEnergies SE, ADR	171,335		8,212,087
			89,458,249
			94,373,318
Financials – 23.5%
Banks – 8.9%
Bank of America Corp.	213,571		9,066,089
Citizens Financial Group, Inc.	159,000		7,469,820

 

69

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Equity Income Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Banks (continued)
Fifth Third Bancorp	678,393	$	28,790,999
Huntington Bancshares, Inc.	1,010,900		15,628,514
JPMorgan Chase & Co.	72,638		11,890,114
The PNC Financial Services Group, Inc.	38,076		7,449,189
Wells Fargo & Company	1,400,146		64,980,781
			145,275,506
Capital markets – 4.9%
Franklin Resources, Inc.	96,505		2,868,129
Morgan Stanley	197,843		19,252,102
Raymond James Financial, Inc.	92,420		8,528,471
State Street Corp.	181,098		15,342,623
The Bank of New York Mellon Corp.	109,700		5,686,848
The Charles Schwab Corp.	117,845		8,583,830
The Goldman Sachs Group, Inc.	52,283		19,764,542
			80,026,545
Diversified financial services – 1.1%
Equitable Holdings, Inc.	616,288		18,266,776
Insurance – 8.6%
American International Group, Inc.	737,287		40,469,683
Chubb, Ltd.	175,829		30,502,815
Loews Corp.	481,251		25,953,866
Marsh & McLennan Companies, Inc.	26,907		4,074,527
MetLife, Inc.	510,715		31,526,437
The Hartford Financial Services Group, Inc.	112,400		7,896,100
			140,423,428
			383,992,255
Health care – 15.5%
Biotechnology – 2.2%
AbbVie, Inc.	242,367		26,144,128
Biogen, Inc. (A)	16,707		4,727,914
Gilead Sciences, Inc.	74,484		5,202,707
			36,074,749
Health care equipment and supplies – 3.8%
Becton, Dickinson and Company	105,780		26,002,840
Medtronic PLC	198,058		24,826,570
Zimmer Biomet Holdings, Inc.	78,384		11,472,282
			62,301,692
Health care providers and services – 5.2%
Anthem, Inc.	85,730		31,960,144
Cardinal Health, Inc.	117,500		5,811,550
Centene Corp. (A)	110,817		6,905,007
Cigna Corp.	73,905		14,792,825
CVS Health Corp.	229,078		19,439,559
UnitedHealth Group, Inc.	17,100		6,681,654
			85,590,739
Pharmaceuticals – 4.3%
AstraZeneca PLC, ADR (B)	98,958		5,943,417
GlaxoSmithKline PLC	97,124		1,833,038
Johnson & Johnson	122,761		19,825,902
Merck & Company, Inc.	165,794		12,452,787
Organon & Company	7,189		235,727
Pfizer, Inc.	376,479		16,192,362
Sanofi	95,952		9,236,724
Sanofi, ADR	74,400		3,586,824
			69,306,781
			253,273,961
Industrials – 11.2%
Aerospace and defense – 2.5%
L3Harris Technologies, Inc.	112,661		24,812,459

Equity Income Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Aerospace and defense (continued)
The Boeing Company (A)	75,058	$	16,508,257
			41,320,716
Air freight and logistics – 2.3%
United Parcel Service, Inc., Class B	205,139		37,355,812
Airlines – 0.3%
Southwest Airlines Company (A)	103,900		5,343,577
Commercial services and supplies – 0.8%
Stericycle, Inc. (A)	196,577		13,361,339
Industrial conglomerates – 3.7%
3M Company	18,400		3,227,728
General Electric Company	454,231		46,799,420
Siemens AG, ADR	128,594		10,562,711
			60,589,859
Machinery – 1.0%
Flowserve Corp.	39,087		1,355,146
PACCAR, Inc.	87,035		6,868,802
Snap-on, Inc.	36,743		7,677,450
			15,901,398
Professional services – 0.6%
Nielsen Holdings PLC	503,835		9,668,594
			183,541,295
Information technology – 8.5%
Communications equipment – 0.7%
Cisco Systems, Inc.	197,060		10,725,976
Electronic equipment, instruments and components – 0.3%
TE Connectivity, Ltd.	37,153		5,098,135
IT services – 0.3%
Fiserv, Inc. (A)	42,500		4,611,250
Semiconductors and semiconductor equipment – 4.8%
Applied Materials, Inc.	129,040		16,611,319
NXP Semiconductors NV	34,624		6,781,803
QUALCOMM, Inc.	287,803		37,120,831
Texas Instruments, Inc.	95,691		18,392,767
			78,906,720
Software – 2.4%
Citrix Systems, Inc.	134,285		14,418,180
Microsoft Corp.	87,553		24,682,942
			39,101,122
			138,443,203
Materials – 5.6%
Chemicals – 3.8%
Akzo Nobel NV	51,353		5,611,065
CF Industries Holdings, Inc.	555,173		30,989,757
DuPont de Nemours, Inc.	99,459		6,762,217
International Flavors & Fragrances, Inc.	120,307		16,087,452
PPG Industries, Inc.	16,607		2,374,967
			61,825,458
Containers and packaging – 1.8%
International Paper Company	516,188		28,865,233
			90,690,691
Real estate – 4.3%
Equity real estate investment trusts – 4.3%
Equity Residential	298,802		24,179,058
Rayonier, Inc.	351,234		12,532,029
Vornado Realty Trust	42,393		1,780,930
Welltower, Inc.	71,075		5,856,580
Weyerhaeuser Company	734,996		26,143,808
			70,492,405

 

70

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Equity Income Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Utilities – 7.4%
Electric utilities – 3.4%
Edison International	49,551	$	2,748,594
Entergy Corp.	46,013		4,569,551
NextEra Energy, Inc.	111,298		8,739,119
The Southern Company	632,641		39,204,763
			55,262,027
Multi-utilities – 4.0%
Ameren Corp.	119,879		9,710,199
Dominion Energy, Inc.	160,300		11,705,106
NiSource, Inc.	732,995		17,760,469
Sempra Energy	209,170		26,460,005
			65,635,779
			120,897,806
TOTAL COMMON STOCKS (Cost $1,205,379,127)		$	1,585,404,748
PREFERRED SECURITIES – 1.4%
Health care – 0.4%
Health care equipment and supplies – 0.4%
Becton, Dickinson and Company, 6.000% (B)	115,427		6,230,749
Utilities – 1.0%
Electric utilities – 0.7%
NextEra Energy, Inc., 5.279%	98,770		5,033,319
The Southern Company, 6.750%	134,102		6,840,543
			11,873,862
Multi-utilities – 0.3%
NiSource, Inc., 7.750%	47,031		4,865,357
			16,739,219
TOTAL PREFERRED SECURITIES (Cost $22,062,709)		$	22,969,968
SHORT-TERM INVESTMENTS – 1.5%
Short-term funds – 1.5%
John Hancock Collateral Trust, 0.0303% (C)(D)	638,752		6,391,476
State Street Institutional U.S. Government Money Market Fund, Premier Class, 0.0250% (C)	3,000,067		3,000,067
T. Rowe Price Government Reserve Fund, 0.0295% (C)	15,071,132		15,071,132
TOTAL SHORT-TERM INVESTMENTS (Cost $24,462,736)		$	24,462,675
Total Investments (Equity Income Trust) (Cost $1,251,904,572) – 100.0%		$	1,632,837,391
Other assets and liabilities, net – (0.0%)			(779,514)
TOTAL NET ASSETS – 100.0%		$	1,632,057,877

Security Abbreviations and Legend
ADR	American Depositary Receipt
(A)	Non-income producing security.
(B)	All or a portion of this security is on loan as of 9-30-21. The value of securities on loan amounted to $6,285,736.
(C)	The rate shown is the annualized seven-day yield as of 9-30-21.
(D)	Investment is an affiliate of the fund, the advisor and/or subadvisor. This security represents the investment of cash collateral received for securities lending.

Financial Industries Trust

	Shares or Principal Amount	Value
COMMON STOCKS – 99.0%
Financials – 93.0%
Banks – 49.5%
1st Source Corp.	20,040	$	946,690
American Business Bank (A)	23,091		866,143
Ameris Bancorp	32,087		1,664,674
Atlantic Union Bankshares Corp.	47,069		1,734,493
Bank of America Corp.	120,920		5,133,054
Bank of Commerce Holdings	13,743		208,481
Bank of Marin Bancorp	30,900		1,166,475
BayCom Corp. (A)	35,903		667,796
Business First Bancshares, Inc.	29,639		693,256
CaixaBank SA	504,228		1,563,623
California BanCorp (A)	25,033		431,819
Cambridge Bancorp	16,224		1,427,712
Central Valley Community Bancorp	17,584		378,056
Citizens Community Bancorp, Inc.	18,655		259,305
Citizens Financial Group, Inc.	102,359		4,808,826
Close Brothers Group PLC	78,424		1,628,882
Coastal Financial Corp. (A)	24,251		772,637
East West Bancorp, Inc.	58,802		4,559,507
Evans Bancorp, Inc.	14,905		570,862
Farmers & Merchants Bancorp, Inc.	7,844		175,706
First Horizon Corp.	155,197		2,528,159
First Merchants Corp.	35,041		1,466,115
German American Bancorp, Inc.	14,432		557,508
Glacier Bancorp, Inc.	19,301		1,068,310
HBT Financial, Inc.	38,261		594,959
Heritage Commerce Corp.	35,971		418,343
Heritage Financial Corp.	29,656		756,228
JPMorgan Chase & Co.	23,791		3,894,349
KeyCorp	127,455		2,755,577
Landmark Bancorp, Inc.	5,858		162,208
Level One Bancorp, Inc.	14,029		412,733
Limestone Bancorp, Inc. (A)	2,234		40,145
Live Oak Bancshares, Inc.	22,111		1,406,923
Metrocity Bankshares, Inc.	13,817		289,742
Mid Penn Bancorp, Inc.	13,195		363,522
Nicolet Bankshares, Inc. (A)	19,704		1,461,643
Nordea Bank ABP	200,826		2,587,899
Pacific Premier Bancorp, Inc.	21,963		910,147
Pinnacle Financial Partners, Inc.	52,406		4,930,356
Popular, Inc.	18,017		1,399,380
Shore Bancshares, Inc.	10,452		185,314
Southern First Bancshares, Inc. (A)	10,970		586,895
Stock Yards Bancorp, Inc.	32,681		1,916,741
SVB Financial Group (A)	9,559		6,183,523
Synovus Financial Corp.	96,907		4,253,248
The First Bancshares, Inc.	16,180		627,460
TriCo Bancshares	47,388		2,056,639
U.S. Bancorp	58,449		3,474,209
Univest Financial Corp.	23,251		636,845
Western Alliance Bancorp	44,313		4,822,141
Zions Bancorp NA	48,068		2,974,929
			85,380,187
Capital markets – 15.3%
Ameriprise Financial, Inc.	2,207		582,913
Ares Management Corp., Class A	52,574		3,881,538
BlackRock, Inc.	2,962		2,484,111
Brookfield Asset Management, Inc., Class A	75,323		4,030,534
KKR & Company, Inc.	61,799		3,762,323
Morgan Stanley	28,748		2,797,468
Onex Corp.	35,583		2,515,476
The Blackstone Group, Inc.	33,913		3,945,438
TMX Group, Ltd.	10,616		1,144,828

 

71

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Financial Industries Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Capital markets (continued)
Tradeweb Markets, Inc., Class A	15,981	$	1,290,945
			26,435,574
Consumer finance – 7.1%
American Express Company	26,208		4,390,626
Capital One Financial Corp.	30,248		4,899,269
Discover Financial Services	24,023		2,951,226
			12,241,121
Diversified financial services – 2.7%
Berkshire Hathaway, Inc., Class B (A)	6,077		1,658,656
Equitable Holdings, Inc.	44,374		1,315,245
Eurazeo SE	17,583		1,647,571
			4,621,472
Insurance – 17.2%
American International Group, Inc.	73,134		4,014,325
Arthur J. Gallagher & Company	22,550		3,352,058
Brown & Brown, Inc.	49,068		2,720,821
Chubb, Ltd.	13,552		2,351,001
Kinsale Capital Group, Inc.	9,686		1,566,226
Markel Corp. (A)	2,300		2,748,799
Marsh & McLennan Companies, Inc.	27,856		4,218,234
The Hanover Insurance Group, Inc.	5,251		680,635
The Hartford Financial Services Group, Inc.	58,482		4,108,361
Trean Insurance Group, Inc. (A)	41,647		431,046
Unum Group	139,537		3,496,797
			29,688,303
Thrifts and mortgage finance – 1.2%
ESSA Bancorp, Inc.	10,689		177,437
OP Bancorp	34,686		355,878
Premier Financial Corp.	39,921		1,271,085
Timberland Bancorp, Inc.	6,055		175,292
			1,979,692
			160,346,349
Information technology – 3.2%
IT services – 2.6%
Visa, Inc., Class A	13,449		2,995,765
WEX, Inc. (A)	8,655		1,524,492
			4,520,257
Software – 0.6%
Bill.com Holdings, Inc. (A)	3,450		920,978
			5,441,235
Real estate – 2.8%
Equity real estate investment trusts – 2.2%
Prologis, Inc.	18,242		2,288,094
Rexford Industrial Realty, Inc.	26,848		1,523,624
			3,811,718
Real estate management and development – 0.6%
VGP NV	4,094		941,251
			4,752,969
TOTAL COMMON STOCKS (Cost $133,654,110)		$	170,540,553

Financial Industries Trust (continued)

		Shares or Principal Amount	Value
SHORT-TERM INVESTMENTS – 0.7%
Repurchase agreement – 0.7%
Repurchase Agreement with State Street Corp. dated 9-30-21 at 0.000% to be repurchased at $1,280,000 on 10-1-21, collateralized by $1,306,800 U.S. Treasury Notes, 0.250% due 9-30-23 (valued at $1,305,626)	$	1,280,000	$	1,280,000
TOTAL SHORT-TERM INVESTMENTS (Cost $1,280,000)			$	1,280,000
Total Investments (Financial Industries Trust) (Cost $134,934,110) – 99.7%			$	171,820,553
Other assets and liabilities, net – 0.3%				521,364
TOTAL NET ASSETS – 100.0%			$	172,341,917

Security Abbreviations and Legend
(A)	Non-income producing security.

Fundamental All Cap Core Trust

	Shares or Principal Amount	Value
COMMON STOCKS – 98.1%
Communication services – 17.0%
Entertainment – 3.1%
Liberty Media Corp.-Liberty Formula One, Series C (A)	1,372,722	$	70,571,638
Madison Square Garden Entertainment Corp. (A)	105,384		7,658,255
			78,229,893
Interactive media and services – 13.3%
Alphabet, Inc., Class A (A)	60,841		162,659,630
CarGurus, Inc. (A)	1,426,816		44,816,291
Facebook, Inc., Class A (A)	383,760		130,244,306
			337,720,227
Media – 0.6%
Liberty Broadband Corp., Series A (A)	94,865		15,970,523
			431,920,643
Consumer discretionary – 19.2%
Household durables – 5.7%
Lennar Corp., A Shares	1,305,377		122,287,717
NVR, Inc. (A)	4,743		22,738,321
			145,026,038
Internet and direct marketing retail – 6.7%
Amazon.com, Inc. (A)	52,152		171,321,411
Leisure products – 2.6%
Polaris, Inc.	552,844		66,153,313
Specialty retail – 3.3%
Dufry AG (A)	570,621		32,055,370
Group 1 Automotive, Inc.	271,575		51,023,511
			83,078,881
Textiles, apparel and luxury goods – 0.9%
Salvatore Ferragamo SpA (A)	1,124,281		22,930,528
			488,510,171
Consumer staples – 8.6%
Beverages – 3.8%
Anheuser-Busch InBev SA/NV, ADR	364,193		20,533,201
Diageo PLC, ADR	112,221		21,658,653
Heineken NV	166,903		17,420,469

 

72

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Fundamental All Cap Core Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Beverages (continued)
The Boston Beer Company, Inc., Class A (A)	72,493	$	36,953,307
			96,565,630
Food and staples retailing – 0.5%
U.S. Foods Holding Corp. (A)	348,655		12,084,382
Food products – 4.3%
Post Holdings, Inc. (A)	696,748		76,753,760
The Hain Celestial Group, Inc. (A)	793,830		33,960,047
			110,713,807
			219,363,819
Energy – 5.2%
Oil, gas and consumable fuels – 5.2%
Cheniere Energy, Inc. (A)	756,059		73,844,283
Suncor Energy, Inc.	1,410,010		29,243,607
Valero Energy Corp.	418,080		29,503,906
			132,591,796
Financials – 15.0%
Banks – 3.6%
First Hawaiian, Inc.	3,111,995		91,337,053
Capital markets – 9.1%
KKR & Company, Inc.	749,376		45,622,011
Morgan Stanley	1,150,301		111,935,790
Robinhood Markets, Inc., Class A (A)	453,776		19,094,894
The Goldman Sachs Group, Inc.	149,082		56,357,468
			233,010,163
Consumer finance – 2.3%
American Express Company	233,295		39,083,911
Synchrony Financial	392,818		19,200,944
			58,284,855
			382,632,071
Health care – 7.0%
Biotechnology – 3.2%
Alnylam Pharmaceuticals, Inc. (A)	210,855		39,811,533
Moderna, Inc. (A)	107,933		41,539,094
			81,350,627
Health care equipment and supplies – 2.2%
Hologic, Inc. (A)	773,253		57,073,804
Health care providers and services – 1.0%
Anthem, Inc.	66,965		24,964,552
Health care technology – 0.6%
Change Healthcare, Inc. (A)	665,311		13,931,612
			177,320,595
Industrials – 8.5%
Electrical equipment – 1.6%
Regal Beloit Corp.	157,622		23,696,891
Sensata Technologies Holding PLC (A)	306,193		16,754,881
			40,451,772
Industrial conglomerates – 1.7%
Roper Technologies, Inc.	95,029		42,395,288
Machinery – 1.2%
Parker-Hannifin Corp.	110,376		30,863,337
Professional services – 2.3%
IHS Markit, Ltd.	507,815		59,221,385
Trading companies and distributors – 1.7%
United Rentals, Inc. (A)	123,651		43,392,845
			216,324,627

Fundamental All Cap Core Trust (continued)

		Shares or Principal Amount	Value
COMMON STOCKS (continued)
Information technology – 12.6%
Semiconductors and semiconductor equipment – 3.7%
Analog Devices, Inc.		146,242	$	24,492,610
NVIDIA Corp.		334,893		69,376,434
				93,869,044
Software – 4.4%
salesforce.com, Inc. (A)		209,105		56,713,458
Workday, Inc., Class A (A)		220,319		55,055,515
				111,768,973
Technology hardware, storage and peripherals – 4.5%
Apple, Inc.		633,702		89,668,833
Samsung Electronics Company, Ltd.		400,730		24,843,096
				114,511,929
				320,149,946
Materials – 1.3%
Chemicals – 1.3%
Axalta Coating Systems, Ltd. (A)		1,114,689		32,537,772
Real estate – 3.7%
Equity real estate investment trusts – 2.9%
American Tower Corp.		199,147		52,855,605
Crown Castle International Corp.		120,019		20,801,693
				73,657,298
Real estate management and development – 0.8%
Five Point Holdings LLC, Class A (A)		2,574,244		20,156,331
				93,813,629
TOTAL COMMON STOCKS (Cost $1,335,989,293)			$	2,495,165,069
SHORT-TERM INVESTMENTS – 1.9%
Repurchase agreement – 1.9%
Repurchase Agreement with State Street Corp. dated 9-30-21 at 0.000% to be repurchased at $48,843,000 on 10-1-21, collateralized by $49,864,700 U.S. Treasury Notes, 0.250% due 9-30-23 (valued at $49,819,922)	$	48,843,000		48,843,000
TOTAL SHORT-TERM INVESTMENTS (Cost $48,843,000)			$	48,843,000
Total Investments (Fundamental All Cap Core Trust) (Cost $1,384,832,293) – 100.0%			$	2,544,008,069
Other assets and liabilities, net – (0.0%)				(529,855)
TOTAL NET ASSETS – 100.0%			$	2,543,478,214

Security Abbreviations and Legend
ADR	American Depositary Receipt
(A)	Non-income producing security.

Fundamental Large Cap Value Trust

	Shares or Principal Amount	Value
COMMON STOCKS – 97.4%
Communication services – 8.9%
Interactive media and services – 2.3%
Alphabet, Inc., Class A (A)	6,976	$	18,650,476
Media – 6.6%
Comcast Corp., Class A	619,178		34,630,626
Fox Corp., Class B	227,832		8,457,124
Liberty Broadband Corp., Series A (A)	54,560		9,185,176
			52,272,926
			70,923,402

 

73

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Fundamental Large Cap Value Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Consumer discretionary – 7.8%
Household durables – 3.2%
Lennar Corp., A Shares	269,386	$	25,236,080
Internet and direct marketing retail – 2.5%
eBay, Inc.	285,688		19,903,883
Specialty retail – 2.1%
CarMax, Inc. (A)	62,265		7,967,429
Group 1 Automotive, Inc.	46,242		8,687,947
			16,655,376
			61,795,339
Consumer staples – 9.3%
Beverages – 2.9%
Anheuser-Busch InBev SA/NV, ADR	215,540		12,152,145
Heineken Holding NV	121,876		10,612,459
			22,764,604
Food and staples retailing – 2.2%
Walmart, Inc.	129,029		17,984,062
Food products – 4.2%
Danone SA	217,834		14,851,469
Post Holdings, Inc. (A)	165,539		18,235,776
			33,087,245
			73,835,911
Energy – 9.1%
Energy equipment and services – 0.5%
ChampionX Corp. (A)	169,365		3,787,001
Oil, gas and consumable fuels – 8.6%
Cheniere Energy, Inc. (A)	293,933		28,708,436
Chevron Corp.	129,551		13,142,949
Kinder Morgan, Inc.	382,484		6,398,957
Suncor Energy, Inc.	634,892		13,167,660
Valero Energy Corp.	103,773		7,323,261
			68,741,263
			72,528,264
Financials – 22.0%
Banks – 9.6%
Bank of America Corp.	307,689		13,061,398
Citigroup, Inc.	327,194		22,962,475
JPMorgan Chase & Co.	102,714		16,813,255
Wells Fargo & Company	499,950		23,202,680
			76,039,808
Capital markets – 10.1%
KKR & Company, Inc.	309,381		18,835,115
Morgan Stanley	154,865		15,069,913
Nasdaq, Inc.	96,634		18,652,295
State Street Corp.	184,306		15,614,404
The Goldman Sachs Group, Inc.	32,249		12,191,089
			80,362,816
Consumer finance – 1.3%
American Express Company	60,472		10,130,874
Diversified financial services – 1.0%
Berkshire Hathaway, Inc., Class B (A)	29,405		8,025,801
			174,559,299
Health care – 14.2%
Biotechnology – 1.3%
Gilead Sciences, Inc.	89,153		6,227,337
Moderna, Inc. (A)	9,873		3,799,723
			10,027,060
Health care equipment and supplies – 2.8%
Danaher Corp.	46,843		14,260,883

Fundamental Large Cap Value Trust (continued)

		Shares or Principal Amount	Value
COMMON STOCKS (continued)
Health care equipment and supplies (continued)
Hologic, Inc. (A)		110,548	$	8,159,548
				22,420,431
Health care providers and services – 7.3%
Anthem, Inc.		3,347,817		38,665,698
HCA Healthcare, Inc.		30,090		7,303,445
UnitedHealth Group, Inc.		30,432		11,891,000
				57,860,143
Pharmaceuticals – 2.8%
GlaxoSmithKline PLC, ADR		306,794		11,722,599
Merck & Company, Inc.		138,107		10,373,217
				22,095,816
				112,403,450
Industrials – 13.6%
Aerospace and defense – 6.9%
General Dynamics Corp.		77,600		15,211,928
L3Harris Technologies, Inc.		55,309		12,181,254
Lockheed Martin Corp.		23,222		8,013,912
Raytheon Technologies Corp.		227,901		19,590,370
				54,997,464
Machinery – 4.2%
Fortive Corp.		111,656		7,879,564
Parker-Hannifin Corp.		91,912		25,700,433
				33,579,997
Trading companies and distributors – 2.5%
United Rentals, Inc. (A)		55,966		19,640,148
				108,217,609
Information technology – 9.3%
Electronic equipment, instruments and components – 1.7%
Vontier Corp.		396,199		13,312,286
Semiconductors and semiconductor equipment – 1.0%
Analog Devices, Inc.		47,754		7,997,840
Software – 5.4%
Microsoft Corp.		66,716		18,808,575
Oracle Corp.		269,789		23,506,716
				42,315,291
Technology hardware, storage and peripherals – 1.2%
Samsung Electronics Company, Ltd.		157,290		9,751,131
				73,376,548
Materials – 0.9%
Chemicals – 0.9%
LyondellBasell Industries NV, Class A		73,401		6,888,684
Real estate – 2.3%
Equity real estate investment trusts – 2.3%
American Tower Corp.		69,089		18,336,911
TOTAL COMMON STOCKS (Cost $551,421,292)			$	772,865,417
SHORT-TERM INVESTMENTS – 3.0%
Repurchase agreement – 3.0%
Repurchase Agreement with State Street Corp. dated 9-30-21 at 0.000% to be repurchased at $23,771,000 on 10-1-21, collateralized by $24,268,300 U.S. Treasury Notes, 0.250% due 9-30-23 (valued at $24,246,507)	$	23,771,000		23,771,000
TOTAL SHORT-TERM INVESTMENTS (Cost $23,771,000)			$	23,771,000
Total Investments (Fundamental Large Cap Value Trust) (Cost $575,192,292) – 100.4%			$	796,636,417
Other assets and liabilities, net – (0.4%)				(2,919,065)
TOTAL NET ASSETS – 100.0%			$	793,717,352

 

74

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Fundamental Large Cap Value Trust (continued)

Security Abbreviations and Legend
ADR	American Depositary Receipt
(A)	Non-income producing security.

Global Equity Trust

	Shares or Principal Amount	Value
COMMON STOCKS - 97.6%
France - 10.1%
Air Liquide SA	48,779	$	7,812,424
Capgemini SE	28,774		5,967,039
Cie Generale des Etablissements Michelin SCA	32,517		4,986,154
Sanofi	98,104		9,443,855
TotalEnergies SE	141,499		6,763,339
			34,972,811
Germany - 1.5%
Deutsche Post AG	82,943		5,201,322
Ireland - 1.9%
CRH PLC	139,685		6,592,393
Japan - 5.1%
FANUC Corp.	33,271		7,295,063
Mitsubishi Estate Company, Ltd.	193,469		3,080,571
Sumitomo Mitsui Financial Group, Inc.	206,400		7,261,021
			17,636,655
Netherlands - 9.8%
Akzo Nobel NV	47,630		5,204,258
ING Groep NV	529,435		7,697,170
Koninklijke Ahold Delhaize NV	207,592		6,912,403
Koninklijke Philips NV	81,260		3,610,119
Stellantis NV	541,651		10,308,197
			33,732,147
Switzerland - 4.4%
Chubb, Ltd.	32,310		5,605,139
Roche Holding AG	25,791		9,412,941
			15,018,080
United Kingdom - 12.1%
Associated British Foods PLC	250,883		6,245,161
AstraZeneca PLC	80,207		9,666,368
Ferguson PLC	37,592		5,218,593
Reckitt Benckiser Group PLC	54,984		4,319,555
RELX PLC	208,667		6,006,742
Tesco PLC	1,518,176		5,170,352
Unilever PLC	94,621		5,122,627
			41,749,398
United States - 52.7%
Alphabet, Inc., Class A (A)	6,506		17,393,921
Apple, Inc.	87,052		12,317,858
Arthur J. Gallagher & Company	50,663		7,531,055
AutoZone, Inc. (A)	6,039		10,254,162
Bank of America Corp.	230,168		9,770,632
Comcast Corp., Class A	123,179		6,889,401
Corteva, Inc.	158,161		6,655,415
Electronic Arts, Inc.	30,858		4,389,551
Facebook, Inc., Class A (A)	45,436		15,420,524
Huntington Bancshares, Inc.	418,465		6,469,469
Johnson & Johnson	41,674		6,730,351
Johnson Controls International PLC	83,282		5,669,839
Lennar Corp., A Shares	50,961		4,774,026
Microsoft Corp.	36,931		10,411,588
Northrop Grumman Corp.	24,669		8,884,540
Oracle Corp.	57,471		5,007,448
Philip Morris International, Inc.	140,562		13,323,872
Stanley Black & Decker, Inc.	28,666		5,025,436
T-Mobile US, Inc. (A)	54,584		6,973,652

Global Equity Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
United States (continued)
UnitedHealth Group, Inc.	13,097	$	5,117,522
Waste Management, Inc.	46,123		6,888,931
Wells Fargo & Company	133,168		6,180,327
			182,079,520
TOTAL COMMON STOCKS (Cost $281,635,103)		$	336,982,326
PREFERRED SECURITIES - 1.8%
South Korea - 1.8%
Samsung Electronics Company, Ltd.	106,639		6,221,182
TOTAL PREFERRED SECURITIES (Cost $4,526,394)		$	6,221,182
SHORT-TERM INVESTMENTS - 0.7%
Short-term funds - 0.7%
Federated Government Obligations Fund, Institutional Class, 0.0300% (B)	2,487,176		2,487,176
TOTAL SHORT-TERM INVESTMENTS (Cost $2,487,176)		$	2,487,176
Total Investments (Global Equity Trust) (Cost $288,648,673) - 100.1%		$	345,690,684
Other assets and liabilities, net - (0.1%)			(270,558)
TOTAL NET ASSETS - 100.0%		$	345,420,126

Security Abbreviations and Legend
(A)	Non-income producing security.
(B)	The rate shown is the annualized seven-day yield as of 9-30-21.

Health Sciences Trust

	Shares or Principal Amount	Value
COMMON STOCKS – 98.8%
Consumer discretionary – 0.8%
Internet and direct marketing retail – 0.1%
Shop Apotheke Europe NV (A)(B)	1,220	$	179,650
Specialty retail – 0.7%
Warby Parker, Inc., Class A (B)	48,065		2,549,848
			2,729,498
Consumer staples – 0.0%
Food products – 0.0%
Freshpet, Inc. (B)	200		28,538
Financials – 0.4%
Capital markets – 0.2%
BCLS Acquisition Corp., Class A (B)	12,029		120,290
Dynamics Special Purpose Corp., Class A (B)	18,789		186,763
Eucrates Biomedical Acquisition Corp. (B)	11,914		118,068
FS Development Corp. II, Class A (B)	10,438		103,858
Health Sciences Acquisitions Corp. 2 (B)	13,354		132,071
Helix Acquisition Corp., Class A (B)	12,247		120,878
			781,928
Insurance – 0.2%
Bright Health Group, Inc. (B)	65,520		534,643
			1,316,571
Health care – 97.6%
Biotechnology – 32.5%
AbbVie, Inc.	48,094		5,187,900
Abcam PLC (B)	26,439		529,927
AC Immune SA (B)	6,000		40,260
ACADIA Pharmaceuticals, Inc. (B)	23,708		393,790
Acceleron Pharma, Inc. (B)	27,938		4,808,130

 

75

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Health Sciences Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Biotechnology (continued)
ADC Therapeutics SA (B)	19,326	$	524,894
Agios Pharmaceuticals, Inc. (B)	10,238		472,484
Akero Therapeutics, Inc. (B)	4,936		110,320
Alector, Inc. (B)	11,904		271,649
Alkermes PLC (B)	3,287		101,371
Allogene Therapeutics, Inc. (B)	23,374		600,712
Alnylam Pharmaceuticals, Inc. (B)	21,434		4,046,954
Amgen, Inc.	12,008		2,553,501
Amicus Therapeutics, Inc. (B)	10,550		100,753
Annexon, Inc. (B)	10,460		194,661
Apellis Pharmaceuticals, Inc. (B)	23,125		762,200
Arcutis Biotherapeutics, Inc. (B)	5,800		138,562
Argenx SE, ADR (B)	15,172		4,581,944
Ascendis Pharma A/S, ADR (B)	14,965		2,385,271
Avidity Biosciences, Inc. (B)	17,321		426,616
BeiGene, Ltd., ADR (B)	4,987		1,810,281
Biogen, Inc. (B)	9,399		2,659,823
BioNTech SE, ADR (B)	15,732		4,294,679
Blueprint Medicines Corp. (B)	13,364		1,373,953
Burning Rock Biotech, Ltd., ADR (B)	9,445		168,877
C4 Therapeutics, Inc. (B)	22,317		997,124
Celldex Therapeutics, Inc. (B)	13,022		703,058
Centessa Pharmaceuticals PLC, ADR (B)	18,009		300,750
Cerevel Therapeutics Holdings, Inc. (B)	25,220		743,990
CM Life Sciences III, Inc. (B)	22,514		234,708
Cortexyme, Inc. (B)	1,200		109,992
CRISPR Therapeutics AG (B)	4,952		554,277
CureVac NV (B)	7,486		408,885
Day One Biopharmaceuticals, Inc. (B)	8,112		192,498
Deciphera Pharmaceuticals, Inc. (B)	3,307		112,372
Denali Therapeutics, Inc. (B)	25,747		1,298,936
Design Therapeutics, Inc. (B)	14,731		216,398
Dicerna Pharmaceuticals, Inc. (B)	15,478		312,036
Enanta Pharmaceuticals, Inc. (B)	4,000		227,240
Exact Sciences Corp. (B)	24,857		2,372,601
Exelixis, Inc. (B)	81,525		1,723,439
Fate Therapeutics, Inc. (B)	22,572		1,337,842
Frontier Acquisition Corp. (B)	12,607		124,431
F-star Therapeutics, Inc. (B)	12,596		92,203
Generation Bio Company (B)	31,607		792,387
Genmab A/S (B)	3,907		1,707,053
Genmab A/S, ADR (B)	800		34,960
Ginkgo Bioworks Holdings, Inc. (B)	70,800		820,572
Global Blood Therapeutics, Inc. (B)	6,332		161,339
Ideaya Biosciences, Inc. (B)	13,947		355,509
IGM Biosciences, Inc. (B)	6,866		451,508
Imago Biosciences, Inc. (B)	12,479		249,954
Immuneering Corp., Class A (B)	23,271		617,845
Immunocore Holdings PLC, ADR (B)	5,762		213,597
Incyte Corp. (B)	41,526		2,856,158
Insmed, Inc. (B)	41,561		1,144,590
Intellia Therapeutics, Inc. (B)	9,317		1,249,876
Invitae Corp. (B)	17,144		487,404
Ionis Pharmaceuticals, Inc. (B)	24,058		806,905
Iovance Biotherapeutics, Inc. (B)	28,633		706,090
IVERIC bio, Inc. (B)	46,124		749,054
Karuna Therapeutics, Inc. (B)	7,771		950,626
Kodiak Sciences, Inc. (B)	24,112		2,314,270
Kronos Bio, Inc. (B)	7,495		157,095
Kymera Therapeutics, Inc. (B)	13,425		788,585
Lyell Immunopharma, Inc. (B)	20,949		310,045
MaxCyte, Inc. (B)	11,231		136,960
MaxCyte, Inc. (B)	7,547		92,149
MeiraGTx Holdings PLC (B)	10,086		132,933
Mersana Therapeutics, Inc. (B)	10,688		100,788

Health Sciences Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Biotechnology (continued)
Mirati Therapeutics, Inc. (B)	12,786	$	2,261,971
Moderna, Inc. (B)	22,956		8,834,846
Molecular Templates, Inc. (B)	8,300		55,693
Monte Rosa Therapeutics, Inc. (B)	18,765		418,084
Morphic Holding, Inc. (B)	4,283		242,589
Neurocrine Biosciences, Inc. (B)	7,065		677,604
Novavax, Inc. (B)	5,476		1,135,230
Nurix Therapeutics, Inc. (B)	15,120		452,995
Orion Acquisition Corp. (B)	12,953		127,976
PMV Pharmaceuticals, Inc. (B)	2,200		65,560
Prelude Therapeutics, Inc. (B)	6,738		210,563
Progenics Pharmaceuticals, Inc. (B)(C)	21,900		935
Protagonist Therapeutics, Inc. (B)	8,019		142,097
Prothena Corp. PLC (B)	18,560		1,322,029
PTC Therapeutics, Inc. (B)	9,074		337,644
Radius Health, Inc. (B)	10,391		128,952
RAPT Therapeutics, Inc. (B)	13,742		426,689
Recursion Pharmaceuticals, Inc., Class A (B)	8,914		205,111
Regeneron Pharmaceuticals, Inc. (B)	8,039		4,865,042
REGENXBIO, Inc. (B)	4,300		180,256
Relay Therapeutics, Inc. (B)	6,585		207,625
Repare Therapeutics, Inc. (B)	6,100		160,064
Replimune Group, Inc. (B)	22,880		678,163
Revolution Healthcare Acquisition Corp. (B)	31,883		314,048
REVOLUTION Medicines, Inc. (B)	15,300		420,903
Rocket Pharmaceuticals, Inc. (B)	15,794		472,083
Sage Therapeutics, Inc. (B)	7,877		349,030
Sana Biotechnology, Inc. (B)	7,446		167,684
Sarepta Therapeutics, Inc. (B)	6,268		579,665
Scholar Rock Holding Corp. (B)	17,412		574,944
Seagen, Inc. (B)	17,989		3,054,532
Seres Therapeutics, Inc. (B)	9,002		62,654
Solid Biosciences, Inc. (B)	27,976		66,863
SpringWorks Therapeutics, Inc. (B)	5,481		347,715
Stoke Therapeutics, Inc. (B)	8,627		219,471
Syndax Pharmaceuticals, Inc. (B)	6,400		122,304
Tenaya Therapeutics, Inc. (B)	12,198		251,889
Turning Point Therapeutics, Inc. (B)	9,794		650,615
Twist Bioscience Corp. (B)	7,977		853,300
Ultragenyx Pharmaceutical, Inc. (B)	27,510		2,481,127
uniQure NV (B)	10,600		339,306
Vertex Pharmaceuticals, Inc. (B)	27,612		5,008,541
Xencor, Inc. (B)	19,055		622,336
Zai Lab, Ltd., ADR (B)	8,001		843,225
Zeneca, Inc. (B)(C)	13,151		8,088
Zentalis Pharmaceuticals, Inc. (B)	17,381		1,158,270
Zymeworks, Inc. (B)	8,723		253,316
			111,350,171
Health care equipment and supplies – 21.4%
Alcon, Inc.	10,044		813,270
AtriCure, Inc. (B)	6,962		484,207
Becton, Dickinson and Company	17,577		4,320,778
Danaher Corp.	43,893		13,362,785
Dentsply Sirona, Inc.	14,927		866,512
DexCom, Inc. (B)	5,303		2,899,999
Hologic, Inc. (B)	51,507		3,801,732
ICU Medical, Inc. (B)	425		99,187
Inari Medical, Inc. (B)	3,430		278,173
Insulet Corp. (B)	5,879		1,670,988
Intuitive Surgical, Inc. (B)	13,383		13,304,709
iRhythm Technologies, Inc. (B)	5,132		300,530
Lantheus Holdings, Inc. (B)	18,633		478,495
Nevro Corp. (B)	5,440		633,107

 

76

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Health Sciences Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Health care equipment and supplies (continued)
Novocure, Ltd. (B)	10,220	$	1,187,257
Ortho Clinical Diagnostics Holdings PLC (B)	67,405		1,245,644
Outset Medical, Inc. (B)	15,226		752,773
Penumbra, Inc. (B)	10,080		2,686,320
PROCEPT BioRobotics Corp. (B)	4,803		183,234
Pulmonx Corp. (B)	3,467		124,743
Quidel Corp. (B)	8,384		1,183,402
Shockwave Medical, Inc. (B)	15,493		3,189,699
STERIS PLC	3,763		768,706
Stryker Corp.	30,496		8,042,405
Teleflex, Inc.	7,414		2,791,742
The Cooper Companies, Inc.	3,546		1,465,597
West Pharmaceutical Services, Inc.	11,949		5,072,828
Zimmer Biomet Holdings, Inc.	7,931		1,160,781
			73,169,603
Health care providers and services – 15.9%
Accolade, Inc. (B)	8,370		352,963
Agiliti, Inc. (B)	31,358		597,056
agilon health, Inc. (B)	18,032		472,619
Alignment Healthcare, Inc. (B)	46,216		738,532
Anthem, Inc.	14,534		5,418,275
Centene Corp. (B)	79,925		4,980,127
Cigna Corp.	16,666		3,335,867
Guardant Health, Inc. (B)	15,994		1,999,410
HCA Healthcare, Inc.	21,176		5,139,839
Humana, Inc.	14,722		5,729,066
Molina Healthcare, Inc. (B)	12,174		3,302,928
Oak Street Health, Inc. (B)	8,398		357,167
Option Care Health, Inc. (B)	33,446		811,400
Surgery Partners, Inc. (B)	15,203		643,695
The Pennant Group, Inc. (B)	10,535		295,928
UnitedHealth Group, Inc.	51,851		20,260,255
			54,435,127
Health care technology – 3.6%
Certara, Inc. (B)	17,771		588,220
Definitive Healthcare Corp. (B)	11,013		471,687
Doximity, Inc., Class A (B)	10,171		820,800
Doximity, Inc., Class B (B)(D)	63,222		4,928,860
MultiPlan Corp. (B)	35,600		200,428
Phreesia, Inc. (B)	21,520		1,327,784
Schrodinger, Inc. (B)	4,954		270,885
Sema4 Holdings Corp. (B)	23,688		179,792
Sophia Genetics SA (B)	20,504		359,435
Veeva Systems, Inc., Class A (B)	10,655		3,070,451
			12,218,342
Life sciences tools and services – 12.4%
10X Genomics, Inc., Class A (B)	9,307		1,354,913
Adaptive Biotechnologies Corp. (B)	22,613		768,616
Agilent Technologies, Inc.	39,873		6,281,194
Avantor, Inc. (B)	80,712		3,301,121
Berkeley Lights, Inc. (B)	6,931		135,570
Bio-Techne Corp.	2,300		1,114,511
Bruker Corp.	37,100		2,897,510
Evotec SE (B)	16,612		787,691
Lonza Group AG	1,486		1,114,663
Maravai LifeSciences Holdings, Inc., Class A (B)	16,748		821,992
Mettler-Toledo International, Inc. (B)	883		1,216,209
Olink Holding AB, ADR (B)	29,231		708,852
Pacific Biosciences of California, Inc. (B)	54,894		1,402,542
Quanterix Corp. (B)	10,715		533,500
Quantum-Si, Inc. (B)	31,200		260,208

Health Sciences Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Life sciences tools and services (continued)
Rapid Micro Biosystems, Inc., Class A (B)	10,992	$	203,022
Repligen Corp. (B)	2,555		738,369
Seer, Inc. (B)	47,916		1,654,539
SomaLogic, Inc. (B)	67,026		830,452
Thermo Fisher Scientific, Inc.	25,677		14,670,040
Waters Corp. (B)	2,305		823,577
Wuxi Biologics Cayman, Inc. (A)(B)	57,500		932,667
			42,551,758
Pharmaceuticals – 11.8%
Arvinas, Inc. (B)	11,123		914,088
AstraZeneca PLC, ADR	116,960		7,024,618
ATAI Life Sciences NV (B)	9,726		143,848
Atea Pharmaceuticals, Inc. (B)	16,487		578,034
Cara Therapeutics, Inc. (B)	9,133		141,105
Catalent, Inc. (B)	14,481		1,926,987
Daiichi Sankyo Company, Ltd.	25,000		664,529
DICE Therapeutics, Inc. (B)	8,528		279,292
Eisai Company, Ltd.	8,000		599,260
Elanco Animal Health, Inc. (B)	19,393		618,443
Eli Lilly & Company	39,675		9,166,909
Longboard Pharmaceuticals, Inc. (B)	9,824		87,532
Merck & Company, Inc.	79,830		5,996,031
Merck KGaA	8,432		1,825,019
NGM Biopharmaceuticals, Inc. (B)	6,500		136,630
Pfizer, Inc.	133,548		5,743,899
Reata Pharmaceuticals, Inc., Class A (B)	3,357		337,748
Roche Holding AG	8,120		2,963,554
Royalty Pharma PLC, Class A	30,049		1,085,971
			40,233,497
			333,958,498
TOTAL COMMON STOCKS (Cost $218,192,365)		$	338,033,105
PREFERRED SECURITIES – 0.7%
Health care – 0.7%
Health care equipment and supplies – 0.7%
Sartorius AG	3,704		2,357,998
TOTAL PREFERRED SECURITIES (Cost $552,485)		$	2,357,998
WARRANTS – 0.0%
Sema4 Holdings Corp. (Expiration Date: 9-24-27; Strike Price: $11.50) (B)	4,862		10,307
SomaLogic, Inc. (Expiration Date: 8-31-26; Strike Price: $11.50) (B)	2,050		7,073
TOTAL WARRANTS (Cost $20,664)		$	17,380
SHORT-TERM INVESTMENTS – 0.4%
Short-term funds – 0.4%
State Street Institutional U.S. Government Money Market Fund, Premier Class, 0.0250% (E)	500,011		500,011
T. Rowe Price Government Reserve Fund, 0.0295% (E)	1,064,738		1,064,738
TOTAL SHORT-TERM INVESTMENTS (Cost $1,564,749)		$	1,564,749
Total Investments (Health Sciences Trust) (Cost $220,330,263) – 99.9%		$	341,973,232
Other assets and liabilities, net – 0.1%			179,316
TOTAL NET ASSETS – 100.0%		$	342,152,548

Security Abbreviations and Legend
ADR	American Depositary Receipt

 

77

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Health Sciences Trust (continued)

(A)	These 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.
(B)	Non-income producing security.
(C)	Security is valued using significant unobservable inputs and is classified as Level 3 in the fair value hierarchy.
(D)	Restricted security as to resale, excluding 144A securities. For more information on this security refer to the Notes to Portfolio of Investments.
(E)	The rate shown is the annualized seven-day yield as of 9-30-21.

High Yield Trust

		Shares or Principal Amount	Value
FOREIGN GOVERNMENT OBLIGATIONS – 0.6%
Argentina – 0.4%
Provincia de Buenos Aires (3.900% to 9-1-22, then 5.250% to 9-1-23, then 6.375% to 9-1-24, then 6.625% thereafter), 09/01/2037 (A)	$	756,976	$	336,854
Republic of Argentina
1.000%, 07/09/2029		59,073		22,448
(0.500% to 7-9-23, then 0.750% to 7-9-27, then 1.750% thereafter), 07/09/2030		598,627		219,528
(1.125% to 7-9-22, then 1.500% to 7-9-23, then 3.625% to 7-9-24, then 4.125% to 7-9-27, then 4.750% to 7-9-28, then 5.000% thereafter), 07/09/2035		526,571		172,220
				751,050
Brazil – 0.2%
Federative Republic of Brazil 10.000%, 01/01/2023 to 01/01/2027	BRL	2,808,000		530,251
Indonesia – 0.0%
Republic of Indonesia 8.375%, 03/15/2034	IDR	74,000,000		5,850
TOTAL FOREIGN GOVERNMENT OBLIGATIONS (Cost $1,828,828)			$	1,287,151
CORPORATE BONDS – 85.4%
Communication services – 13.0%
Allen Media LLC 10.500%, 02/15/2028 (A)	$	1,690,000		1,735,630
Altice Financing SA 5.750%, 08/15/2029 (A)		780,000		755,531
Altice France Holding SA 10.500%, 05/15/2027 (A)		240,000		262,464
Altice France SA 5.125%, 07/15/2029 (A)		590,000		578,480
CCO Holdings LLC
4.250%, 02/01/2031 (A)		130,000		132,256
4.500%, 08/15/2030 (A)		620,000		639,666
4.500%, 05/01/2032		820,000		844,600
5.125%, 05/01/2027 (A)		790,000		822,635
Charter Communications Operating LLC 6.484%, 10/23/2045		450,000		611,811
Cinemark USA, Inc. 5.875%, 03/15/2026 (A)		600,000		606,000
Clear Channel Outdoor Holdings, Inc. 7.500%, 06/01/2029 (A)		760,000		790,400
CSC Holdings LLC
4.125%, 12/01/2030 (A)		490,000		480,813
4.500%, 11/15/2031 (A)		440,000		434,500
6.500%, 02/01/2029 (A)		800,000		866,360

High Yield Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Communication services (continued)
DIRECTV Holdings LLC 5.875%, 08/15/2027 (A)	$	620,000	$	647,125
DISH DBS Corp.
5.125%, 06/01/2029		1,360,000		1,332,514
5.875%, 11/15/2024		500,000		537,640
7.750%, 07/01/2026		870,000		982,426
Frontier Communications Holdings LLC
5.000%, 05/01/2028 (A)		240,000		252,000
6.750%, 05/01/2029 (A)		210,000		221,288
iHeartCommunications, Inc.
4.750%, 01/15/2028 (A)		380,000		391,590
5.250%, 08/15/2027 (A)		410,000		426,015
Intelsat Jackson Holdings SA 8.000%, 02/15/2024 (A)(B)		560,000		574,700
Lumen Technologies, Inc. 5.625%, 04/01/2025		250,000		271,875
Match Group Holdings II LLC
3.625%, 10/01/2031 (A)		480,000		474,302
4.625%, 06/01/2028 (A)		400,000		418,190
Netflix, Inc.
4.875%, 06/15/2030 (A)		150,000		176,625
5.375%, 11/15/2029 (A)		250,000		302,813
6.375%, 05/15/2029		700,000		885,500
News Corp. 3.875%, 05/15/2029 (A)		610,000		626,775
Playtika Holding Corp. 4.250%, 03/15/2029 (A)		490,000		491,563
Sprint Capital Corp. 8.750%, 03/15/2032		115,000		171,794
Sprint Corp.
7.625%, 02/15/2025		510,000		596,180
7.875%, 09/15/2023		1,170,000		1,307,300
Switch, Ltd.
3.750%, 09/15/2028 (A)		520,000		527,800
4.125%, 06/15/2029 (A)		510,000		523,388
Time Warner Cable LLC 7.300%, 07/01/2038		440,000		631,190
T-Mobile USA, Inc.
3.500%, 04/15/2031		130,000		137,103
3.500%, 04/15/2031 (A)		710,000		748,791
Univision Communications, Inc. 9.500%, 05/01/2025 (A)		580,000		629,300
UPC Holding BV 5.500%, 01/15/2028 (A)		430,000		450,092
Urban One, Inc. 7.375%, 02/01/2028 (A)		340,000		364,536
Viavi Solutions, Inc. 3.750%, 10/01/2029 (A)		270,000		270,594
Virgin Media Secured Finance PLC 5.500%, 05/15/2029 (A)		330,000		347,820
Virgin Media Vendor Financing Notes IV DAC 5.000%, 07/15/2028 (A)		470,000		485,440
Vmed O2 UK Financing I PLC 4.750%, 07/15/2031 (A)		910,000		929,729
ZoomInfo Technologies LLC 3.875%, 02/01/2029 (A)		810,000		805,950
				27,501,094
Consumer discretionary – 17.6%
Academy, Ltd. 6.000%, 11/15/2027 (A)		250,000		270,000
Adtalem Global Education, Inc. 5.500%, 03/01/2028 (A)		980,000		989,196
American Axle & Manufacturing, Inc.
5.000%, 10/01/2029 (C)		1,080,000		1,051,056

 

78

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

High Yield Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Consumer discretionary (continued)
American Axle & Manufacturing, Inc. (continued)
6.500%, 04/01/2027 (C)	$	621,000	$	647,393
American News Company LLC (8.500% Cash or 10.000% PIK) 8.500%, 09/01/2026 (A)		1,036,302		1,191,747
Bath & Body Works, Inc.
5.250%, 02/01/2028		1,020,000		1,125,060
6.625%, 10/01/2030 (A)		180,000		204,300
7.500%, 06/15/2029		160,000		182,476
9.375%, 07/01/2025 (A)		340,000		431,372
Bed Bath & Beyond, Inc. 5.165%, 08/01/2044		680,000		585,398
Boyne USA, Inc. 4.750%, 05/15/2029 (A)		380,000		392,350
Caesars Entertainment, Inc.
4.625%, 10/15/2029 (A)		600,000		607,500
6.250%, 07/01/2025 (A)		360,000		378,993
Carnival Corp. 5.750%, 03/01/2027 (A)		690,000		713,288
Carriage Purchaser, Inc. 7.875%, 10/15/2029 (A)		720,000		717,858
Carriage Services, Inc. 4.250%, 05/15/2029 (A)		640,000		640,704
Carrols Restaurant Group, Inc. 5.875%, 07/01/2029 (A)(C)		350,000		329,438
Century Communities, Inc. 3.875%, 08/15/2029 (A)		210,000		212,100
Dornoch Debt Merger Sub, Inc. 6.625%, 10/15/2029 (A)		410,000		410,000
Empire Communities Corp. 7.000%, 12/15/2025 (A)		650,000		679,250
Fontainebleau Las Vegas Holdings LLC 11.000%, 06/15/2015 (A)(B)		3,600,425		9,001
Ford Motor Company 9.000%, 04/22/2025		670,000		805,695
Ford Motor Credit Company LLC
4.000%, 11/13/2030		1,480,000		1,539,200
5.113%, 05/03/2029		1,100,000		1,229,250
5.125%, 06/16/2025		460,000		499,675
Full House Resorts, Inc. 8.250%, 02/15/2028 (A)		510,000		548,250
Installed Building Products, Inc. 5.750%, 02/01/2028 (A)		410,000		429,475
International Game Technology PLC 4.125%, 04/15/2026 (A)		490,000		509,291
Melco Resorts Finance, Ltd. 5.375%, 12/04/2029 (A)		340,000		345,610
Mohegan Gaming & Entertainment 7.875%, 10/15/2024 (A)(C)		190,000		199,500
NCL Corp., Ltd.
3.625%, 12/15/2024 (A)		560,000		531,997
5.875%, 03/15/2026 (A)		300,000		307,500
10.250%, 02/01/2026 (A)		670,000		768,825
12.250%, 05/15/2024 (A)		790,000		932,200
NMG Holding Company, Inc. 7.125%, 04/01/2026 (A)		300,000		318,375
Nordstrom, Inc. 5.000%, 01/15/2044		700,000		686,439
Party City Holdings, Inc. 8.750%, 02/15/2026 (A)		700,000		732,375
PetSmart, Inc.
4.750%, 02/15/2028 (A)		250,000		256,875
7.750%, 02/15/2029 (A)		250,000		272,813

High Yield Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Consumer discretionary (continued)
Rent-A-Center, Inc. 6.375%, 02/15/2029 (A)	$	450,000	$	485,438
Royal Caribbean Cruises, Ltd.
4.250%, 07/01/2026 (A)		590,000		577,935
5.500%, 08/31/2026 to 04/01/2028 (A)		1,360,000		1,394,304
Sands China, Ltd. 5.400%, 08/08/2028		200,000		220,872
Scientific Games International, Inc. 7.000%, 05/15/2028 (A)		630,000		679,613
Service Corp. International 7.500%, 04/01/2027		480,000		585,600
Sizzling Platter LLC 8.500%, 11/28/2025 (A)		430,000		441,825
Speedway Motorsports LLC 4.875%, 11/01/2027 (A)		320,000		326,400
StoneMor, Inc. 8.500%, 05/15/2029 (A)		790,000		811,725
Sugarhouse HSP Gaming Prop Mezz LP 5.875%, 05/15/2025 (A)		270,000		270,000
The Gap, Inc. 3.875%, 10/01/2031 (A)		580,000		580,000
The Michaels Companies, Inc.
5.250%, 05/01/2028 (A)		270,000		278,505
7.875%, 05/01/2029 (A)		750,000		779,419
TopBuild Corp. 3.625%, 03/15/2029 (A)		550,000		554,125
Viking Cruises, Ltd.
5.875%, 09/15/2027 (A)		390,000		377,325
7.000%, 02/15/2029 (A)		800,000		809,000
13.000%, 05/15/2025 (A)		910,000		1,047,638
VOC Escrow, Ltd. 5.000%, 02/15/2028 (A)		1,525,000		1,504,718
WW International, Inc. 4.500%, 04/15/2029 (A)		800,000		783,250
Wynn Macau, Ltd.
4.875%, 10/01/2024 (A)		310,000		301,320
5.125%, 12/15/2029 (A)		260,000		244,400
5.625%, 08/26/2028 (A)		920,000		875,783
Wynn Resorts Finance LLC 7.750%, 04/15/2025 (A)		480,000		506,410
				37,117,430
Consumer staples – 1.1%
Edgewell Personal Care Company 4.125%, 04/01/2029 (A)		340,000		339,473
Kraft Heinz Foods Company
5.200%, 07/15/2045		300,000		375,763
5.500%, 06/01/2050		220,000		290,262
Simmons Foods, Inc. 4.625%, 03/01/2029 (A)		590,000		594,425
Triton Water Holdings, Inc. 6.250%, 04/01/2029 (A)		610,000		619,913
				2,219,836
Energy – 10.3%
Antero Resources Corp. 5.375%, 03/01/2030 (A)		430,000		452,855
Apache Corp.
5.100%, 09/01/2040		80,000		89,598
7.750%, 12/15/2029 (C)		310,000		389,825
Berry Petroleum Company LLC 7.000%, 02/15/2026 (A)		1,290,000		1,313,802
Blue Racer Midstream LLC
6.625%, 07/15/2026 (A)		670,000		700,150
7.625%, 12/15/2025 (A)		310,000		335,188
Cheniere Energy Partners LP
4.000%, 03/01/2031 (A)		470,000		492,184

 

79

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

High Yield Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Energy (continued)
Cheniere Energy Partners LP (continued)
4.500%, 10/01/2029	$	280,000	$	297,676
Chesapeake Energy Corp. 5.500%, 02/01/2026 (A)		80,000		83,600
CNX Midstream Partners LP 4.750%, 04/15/2030 (A)		740,000		751,452
Colgate Energy Partners III LLC 5.875%, 07/01/2029 (A)		1,020,000		1,027,650
Comstock Resources, Inc.
5.875%, 01/15/2030 (A)		380,000		395,200
7.500%, 05/15/2025 (A)		144,000		149,700
Continental Resources, Inc. 5.750%, 01/15/2031 (A)		450,000		543,938
DCP Midstream Operating LP
6.450%, 11/03/2036 (A)		280,000		347,922
6.750%, 09/15/2037 (A)(C)		590,000		761,100
Endeavor Energy Resources LP
5.750%, 01/30/2028 (A)		150,000		157,875
6.625%, 07/15/2025 (A)		320,000		337,200
Energy Transfer LP (6.500% to 11-15-26, then 5 Year CMT + 5.694%) 11/15/2026 (D)		180,000		187,447
EQM Midstream Partners LP
4.000%, 08/01/2024		120,000		124,645
5.500%, 07/15/2028		560,000		615,227
6.000%, 07/01/2025 (A)		240,000		263,088
6.500%, 07/01/2027 (A)		220,000		247,445
6.500%, 07/15/2048		240,000		273,000
EQT Corp.
3.125%, 05/15/2026 (A)		190,000		194,773
3.625%, 05/15/2031 (A)		180,000		187,560
5.000%, 01/15/2029		590,000		664,311
6.625%, 02/01/2025		200,000		228,910
MEG Energy Corp. 7.125%, 02/01/2027 (A)		1,130,000		1,186,285
Northern Oil and Gas, Inc. 8.125%, 03/01/2028 (A)		320,000		341,840
Oasis Petroleum, Inc. 6.375%, 06/01/2026 (A)		990,000		1,037,025
Occidental Petroleum Corp.
6.125%, 01/01/2031		330,000		396,157
8.875%, 07/15/2030		490,000		665,631
PBF Holding Company LLC 9.250%, 05/15/2025 (A)		210,000		198,975
Penn Virginia Escrow LLC 9.250%, 08/15/2026 (A)		1,310,000		1,328,340
Petrobras Global Finance BV
5.750%, 02/01/2029		100,000		111,640
6.850%, 06/05/2115		410,000		422,911
Range Resources Corp.
8.250%, 01/15/2029 (A)		490,000		551,275
9.250%, 02/01/2026		520,000		566,826
Tallgrass Energy Partners LP 6.000%, 12/31/2030 (A)		730,000		747,885
Targa Resources Partners LP 4.875%, 02/01/2031		570,000		614,888
The Williams Companies, Inc. 8.750%, 03/15/2032		120,000		183,499
Vesta Energy Corp. 8.125%, 07/24/2023 (A)	CAD	490,000		321,096
Western Midstream Operating LP
3.950%, 06/01/2025	$	110,000		116,244
4.350%, 02/01/2025		530,000		559,261
5.500%, 08/15/2048		580,000		678,600
				21,641,699

High Yield Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Financials – 8.6%
Acuris Finance U.S., Inc. 5.000%, 05/01/2028 (A)	$	400,000	$	398,000
AmWINS Group, Inc. 4.875%, 06/30/2029 (A)		920,000		932,926
Apollo Commercial Real Estate Finance, Inc. 4.625%, 06/15/2029 (A)		1,010,000		979,700
Banco Mercantil del Norte SA (6.875% to 7-6-22, then 5 Year CMT + 5.035%) 07/06/2022 (A)(D)		200,000		204,750
Barclays PLC (8.000% to 6-15-24, then 5 Year CMT + 5.672%) 06/15/2024 (D)		380,000		429,164
BNP Paribas SA (7.375% to 8-19-25, then 5 Year U.S. Swap Rate + 5.150%) 08/19/2025 (A)(D)		390,000		452,400
Burford Capital Global Finance LLC 6.250%, 04/15/2028 (A)		630,000		667,693
Citigroup, Inc. (5.950% to 5-15-25, then 3 month LIBOR + 3.905%) 05/15/2025 (D)		180,000		196,425
Citigroup, Inc. (6.300% to 5-15-24, then 3 month LIBOR + 3.423%) 05/15/2024 (D)		410,000		442,595
Coinbase Global, Inc. 3.625%, 10/01/2031 (A)		540,000		513,338
Compass Group Diversified Holdings LLC 5.250%, 04/15/2029 (A)		420,000		439,425
Credit Agricole SA (8.125% to 12-23-25, then 5 Year U.S. Swap Rate + 6.185%) 12/23/2025 (A)(D)		340,000		410,550
Credit Suisse Group AG (6.375% to 8-21-26, then 5 Year CMT + 4.822%) 08/21/2026 (A)(D)		430,000		471,925
Credit Suisse Group AG (7.250% to 9-12-25, then 5 Year ICE Swap Rate + 4.332%) 09/12/2025 (A)(D)		200,000		221,690
FirstCash, Inc. 4.625%, 09/01/2028 (A)		530,000		549,875
Global Aircraft Leasing Company, Ltd. (6.500% Cash or 7.250% PIK) 6.500%, 09/15/2024 (A)		2,201,318		2,162,769
Highlands Holdings Bond Issuer, Ltd. (7.625% Cash or 8.375% PIK) 7.625%, 10/15/2025 (A)		620,000		658,363
Intesa Sanpaolo SpA 4.198%, 06/01/2032 (A)		460,000		471,571
Ladder Capital Finance Holdings LLLP
4.250%, 02/01/2027 (A)		460,000		455,400
4.750%, 06/15/2029 (A)		450,000		446,828
LD Holdings Group LLC
6.125%, 04/01/2028 (A)		380,000		358,150
6.500%, 11/01/2025 (A)		700,000		698,250
Midcap Financial Issuer Trust
5.625%, 01/15/2030 (A)		380,000		376,200
6.500%, 05/01/2028 (A)		630,000		658,079
NMI Holdings, Inc. 7.375%, 06/01/2025 (A)		650,000		741,910
Rocket Mortgage LLC
3.875%, 03/01/2031 (A)		630,000		635,513
4.000%, 10/15/2033 (A)		650,000		645,125
Starwood Property Trust, Inc. 3.625%, 07/15/2026 (A)		770,000		775,775

 

80

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

High Yield Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Financials (continued)
StoneX Group, Inc. 8.625%, 06/15/2025 (A)	$	270,000	$	290,250
UBS Group AG (7.000% to 1-31-24, then 5 Year U.S. Swap Rate + 4.344%) 01/31/2024 (A)(D)		550,000		600,028
UniCredit SpA (5.459% to 6-30-30, then 5 Year CMT + 4.750%) 06/30/2035 (A)		720,000		794,336
				18,079,003
Health care – 8.0%
AdaptHealth LLC
4.625%, 08/01/2029 (A)		460,000		459,655
5.125%, 03/01/2030 (A)		760,000		760,380
Akumin, Inc. 7.000%, 11/01/2025 (A)		720,000		698,400
Bausch Health Americas, Inc.
8.500%, 01/31/2027 (A)		520,000		553,904
9.250%, 04/01/2026 (A)		810,000		865,060
Bausch Health Companies, Inc.
5.000%, 02/15/2029 (A)		260,000		242,125
6.250%, 02/15/2029 (A)		780,000		771,826
Cano Health LLC 6.250%, 10/01/2028 (A)		420,000		424,200
Centene Corp. 4.625%, 12/15/2029		500,000		544,900
Community Health Systems, Inc.
6.125%, 04/01/2030 (A)		860,000		835,684
6.625%, 02/15/2025 (A)		810,000		847,463
6.875%, 04/15/2029 (A)		760,000		761,786
Endo Luxembourg Finance Company I Sarl 6.125%, 04/01/2029 (A)		550,000		550,000
HCA, Inc. 5.625%, 09/01/2028		800,000		951,760
Legacy LifePoint Health LLC 4.375%, 02/15/2027 (A)		450,000		448,875
Mozart Debt Merger Sub, Inc.
3.875%, 04/01/2029 (A)		1,070,000		1,070,000
5.250%, 10/01/2029 (A)		1,790,000		1,803,124
Par Pharmaceutical, Inc. 7.500%, 04/01/2027 (A)		620,000		631,625
Radiology Partners, Inc. 9.250%, 02/01/2028 (A)		460,000		494,696
RegionalCare Hospital Partners Holdings, Inc. 9.750%, 12/01/2026 (A)		400,000		422,500
Tenet Healthcare Corp.
4.625%, 06/15/2028 (A)		440,000		455,910
6.750%, 06/15/2023		550,000		592,900
Teva Pharmaceutical Finance Company LLC 6.150%, 02/01/2036 (C)		340,000		371,668
Teva Pharmaceutical Finance Netherlands III BV 7.125%, 01/31/2025		530,000		579,688
U.S. Renal Care, Inc. 10.625%, 07/15/2027 (A)		650,000		690,625
				16,828,754
Industrials – 11.7%
Air Canada 3.875%, 08/15/2026 (A)		500,000		504,525
Allied Universal Holdco LLC
4.625%, 06/01/2028 (A)		300,000		299,064
6.000%, 06/01/2029 (A)		430,000		424,320
6.625%, 07/15/2026 (A)		710,000		750,669

High Yield Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Industrials (continued)
Alta Equipment Group, Inc. 5.625%, 04/15/2026 (A)	$	650,000	$	667,875
American Airlines, Inc.
5.500%, 04/20/2026 (A)		370,000		388,963
5.750%, 04/20/2029 (A)		610,000		657,275
Anagram International, Inc. (5.000% Cash and 5.000% PIK) 10.000%, 08/15/2026 (A)		79,268		77,683
ATS Automation Tooling Systems, Inc. 4.125%, 12/15/2028 (A)		300,000		307,659
Brundage-Bone Concrete Pumping Holdings, Inc. 6.000%, 02/01/2026 (A)		650,000		677,625
CoreCivic, Inc.
4.625%, 05/01/2023		110,000		112,041
8.250%, 04/15/2026		1,070,000		1,091,400
Cornerstone Building Brands, Inc. 6.125%, 01/15/2029 (A)		430,000		457,079
CP Atlas Buyer, Inc. 7.000%, 12/01/2028 (A)		440,000		441,100
Delta Air Lines, Inc. 4.750%, 10/20/2028 (A)		470,000		524,050
Doman Building Materials Group, Ltd. 5.250%, 05/15/2026 (A)	CAD	590,000		468,143
Foundation Building Materials, Inc. 6.000%, 03/01/2029 (A)	$	300,000		294,000
H&E Equipment Services, Inc. 3.875%, 12/15/2028 (A)		920,000		916,412
Hawaiian Brand Intellectual Property, Ltd. 5.750%, 01/20/2026 (A)		510,000		533,588
Legends Hospitality Holding Company LLC 5.000%, 02/01/2026 (A)		850,000		871,250
Madison IAQ LLC 5.875%, 06/30/2029 (A)		900,000		906,750
Mileage Plus Holdings LLC 6.500%, 06/20/2027 (A)		500,000		543,710
Park-Ohio Industries, Inc. 6.625%, 04/15/2027		120,000		119,850
PGT Innovations, Inc. 4.375%, 10/01/2029 (A)		360,000		362,700
PM General Purchaser LLC 9.500%, 10/01/2028 (A)		680,000		717,822
Prime Security Services Borrower LLC
3.375%, 08/31/2027 (A)		390,000		374,158
5.750%, 04/15/2026 (A)		470,000		508,427
6.250%, 01/15/2028 (A)		920,000		951,078
Resideo Funding, Inc. 4.000%, 09/01/2029 (A)		630,000		615,239
Roller Bearing Company of America, Inc. 4.375%, 10/15/2029 (A)		730,000		748,250
Sensata Technologies BV 4.000%, 04/15/2029 (A)		410,000		417,360
Sensata Technologies, Inc. 4.375%, 02/15/2030 (A)		340,000		365,826
Spirit Loyalty Cayman, Ltd. 8.000%, 09/20/2025 (A)		546,000		612,339
SRM Escrow Issuer LLC 6.000%, 11/01/2028 (A)		770,000		815,238
The ADT Security Corp. 4.125%, 08/01/2029 (A)		650,000		646,029
The Boeing Company 5.150%, 05/01/2030		400,000		469,476

 

81

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

High Yield Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Industrials (continued)
Titan International, Inc. 7.000%, 04/30/2028 (A)	$	670,000	$	706,013
TK Elevator US Newco, Inc. 5.250%, 07/15/2027 (A)		450,000		471,589
TransDigm, Inc.
4.625%, 01/15/2029		770,000		768,656
6.250%, 03/15/2026 (A)		580,000		604,650
8.000%, 12/15/2025 (A)		200,000		213,250
United Airlines 2014-1 Class B Pass Through Trust 4.750%, 04/11/2022		63,838		64,527
United Airlines 2020-1 Class B Pass Through Trust 4.875%, 01/15/2026		280,275		295,757
United Airlines, Inc.
4.375%, 04/15/2026 (A)		120,000		123,150
4.625%, 04/15/2029 (A)		230,000		237,694
United Rentals North America, Inc.
4.875%, 01/15/2028		640,000		676,634
5.250%, 01/15/2030		400,000		438,000
XPO CNW, Inc. 6.700%, 05/01/2034		370,000		453,812
				24,692,705
Information technology – 5.0%
Alliance Data Systems Corp. 4.750%, 12/15/2024 (A)		510,000		522,372
Clarivate Science Holdings Corp. 4.875%, 07/01/2029 (A)		480,000		480,936
CommScope, Inc.
4.750%, 09/01/2029 (A)		540,000		539,325
8.250%, 03/01/2027 (A)		1,310,000		1,371,210
Elastic NV 4.125%, 07/15/2029 (A)		570,000		572,850
Entegris, Inc. 3.625%, 05/01/2029 (A)		210,000		214,229
Gartner, Inc.
3.625%, 06/15/2029 (A)		820,000		826,232
3.750%, 10/01/2030 (A)		140,000		144,088
Helios Software Holdings, Inc. 4.625%, 05/01/2028 (A)		730,000		719,050
MPH Acquisition Holdings LLC 5.750%, 11/01/2028 (A)(C)		610,000		574,608
NCR Corp. 5.125%, 04/15/2029 (A)		300,000		309,375
Open Text Corp. 3.875%, 02/15/2028 (A)		250,000		255,000
Open Text Holdings, Inc. 4.125%, 02/15/2030 (A)		220,000		226,050
Paysafe Finance PLC 4.000%, 06/15/2029 (A)		750,000		718,125
Rackspace Technology Global, Inc. 3.500%, 02/15/2028 (A)		630,000		608,089
Rocket Software, Inc. 6.500%, 02/15/2029 (A)		440,000		435,600
Shift4 Payments LLC 4.625%, 11/01/2026 (A)		680,000		709,750
Square, Inc. 3.500%, 06/01/2031 (A)		590,000		605,181
Vericast Corp. 11.000%, 09/15/2026 (A)		650,000		682,500
				10,514,570
Materials – 4.8%
ARD Finance SA (6.500% Cash or 7.250% PIK) 6.500%, 06/30/2027 (A)		660,000		701,151

High Yield Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Materials (continued)
Ardagh Metal Packaging Finance USA LLC
3.250%, 09/01/2028 (A)	$	200,000	$	199,500
4.000%, 09/01/2029 (A)(C)		800,000		809,000
Ardagh Packaging Finance PLC 5.250%, 08/15/2027 (A)		690,000		702,423
Ball Corp. 3.125%, 09/15/2031		530,000		523,416
Cascades, Inc. 5.375%, 01/15/2028 (A)		530,000		557,173
First Quantum Minerals, Ltd.
6.500%, 03/01/2024 (A)		420,000		425,250
6.875%, 03/01/2026 to 10/15/2027 (A)		1,450,000		1,516,050
7.500%, 04/01/2025 (A)		210,000		215,424
Freeport-McMoRan, Inc.
3.875%, 03/15/2023		160,000		165,072
4.625%, 08/01/2030		160,000		173,000
5.450%, 03/15/2043		500,000		615,625
Hudbay Minerals, Inc.
4.500%, 04/01/2026 (A)		240,000		237,600
6.125%, 04/01/2029 (A)		290,000		303,730
Kraton Polymers LLC 4.250%, 12/15/2025 (A)		460,000		480,700
LSB Industries, Inc. 6.250%, 10/15/2028 (A)		180,000		181,575
LSF11 A5 HoldCo LLC 6.625%, 10/15/2029 (A)		530,000		530,000
Mercer International, Inc. 5.125%, 02/01/2029		240,000		245,100
Midwest Vanadium Pty, Ltd. 11.500%, 02/15/2018 (A)(B)		913,644		1,389
Northwest Acquisitions ULC 7.125%, 11/01/2022 (A)(B)		950,000		95
Olin Corp. 5.000%, 02/01/2030		420,000		444,150
Summit Materials LLC 5.250%, 01/15/2029 (A)		560,000		588,000
Unifrax Escrow Issuer Corp. 5.250%, 09/30/2028 (A)		580,000		587,250
				10,202,673
Real estate – 4.3%
Diversified Healthcare Trust
4.375%, 03/01/2031		250,000		241,809
4.750%, 02/15/2028		930,000		933,488
9.750%, 06/15/2025		340,000		371,875
Five Point Operating Company LP 7.875%, 11/15/2025 (A)		1,060,000		1,107,700
Forestar Group, Inc.
3.850%, 05/15/2026 (A)		550,000		549,313
5.000%, 03/01/2028 (A)		570,000		588,525
IIP Operating Partnership LP 5.500%, 05/25/2026 (A)		280,000		293,623
Kennedy-Wilson, Inc. 5.000%, 03/01/2031		620,000		633,950
MPT Operating Partnership LP
3.500%, 03/15/2031		200,000		204,000
4.625%, 08/01/2029		560,000		600,880
Park Intermediate Holdings LLC 5.875%, 10/01/2028 (A)		390,000		412,363
Realogy Group LLC
5.750%, 01/15/2029 (A)		500,000		518,630
7.625%, 06/15/2025 (A)		620,000		662,129
Service Properties Trust 5.500%, 12/15/2027		400,000		426,284

 

82

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

High Yield Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Real estate (continued)
The GEO Group, Inc.
5.875%, 10/15/2024 (C)	$	810,000	$	672,381
6.000%, 04/15/2026 (C)		945,000		742,968
				8,959,918
Utilities – 1.0%
Calpine Corp. 5.000%, 02/01/2031 (A)		490,000		490,000
Suburban Propane Partners LP 5.000%, 06/01/2031 (A)		340,000		352,750
Sunnova Energy Corp. 5.875%, 09/01/2026 (A)		480,000		489,000
Superior Plus LP 4.500%, 03/15/2029 (A)		290,000		299,425
Talen Energy Supply LLC
6.625%, 01/15/2028 (A)		410,000		380,275
7.250%, 05/15/2027 (A)		110,000		103,770
7.625%, 06/01/2028 (A)		100,000		93,750
				2,208,970
TOTAL CORPORATE BONDS (Cost $177,366,025)			$	179,966,652
CONVERTIBLE BONDS – 1.2%
Communication services – 0.3%
DISH Network Corp. 3.375%, 08/15/2026		530,000		550,935
Consumer discretionary – 0.3%
DraftKings, Inc. 1.962%, 03/15/2028 (A)(E)		330,000		290,565
Liberty Latin America, Ltd. 2.000%, 07/15/2024		70,000		71,050
The Cheesecake Factory, Inc. 0.375%, 06/15/2026		270,000		257,175
				618,790
Financials – 0.1%
Apollo Commercial Real Estate Finance, Inc. 4.750%, 08/23/2022		230,000		231,015
Health care – 0.1%
Halozyme Therapeutics, Inc. 0.250%, 03/01/2027 (A)		250,000		226,469
Industrials – 0.3%
Spirit Airlines, Inc. 1.000%, 05/15/2026		750,000		702,687
Information technology – 0.1%
Alteryx, Inc.
0.500%, 08/01/2024		60,000		56,898
1.000%, 08/01/2026		130,000		119,925
Splunk, Inc. 1.125%, 06/15/2027		60,000		58,838
				235,661
TOTAL CONVERTIBLE BONDS (Cost $2,558,955)			$	2,565,557
TERM LOANS (F) – 5.9%
Communication services – 0.4%
Gannett Holdings LLC, 2021 Term Loan B (3 month LIBOR + 7.000%) 7.750%, 01/29/2026		550,618		553,030
iHeartCommunications, Inc., 2020 Term Loan (1 month LIBOR + 3.000%) 3.084%, 05/01/2026		313,814		311,395
				864,425

High Yield Trust (continued)

		Shares or Principal Amount	Value
TERM LOANS (F) (continued)
Consumer discretionary – 1.9%
Adtalem Global Education, Inc., 2021 Term Loan B (1 month LIBOR + 4.500%) 5.250%, 08/12/2028	$	830,000	$	830,415
Equinox Holdings, Inc., 2020 Term Loan B2 (3 month LIBOR + 9.000%) 10.000%, 03/08/2024		375,250		374,312
First Brands Group LLC, 2021 Term Loan (1 month LIBOR + 5.000%) 6.000%, 03/30/2027		348,250		351,384
Great Outdoors Group LLC, 2021 Term Loan B (3 month LIBOR + 4.250%) 5.000%, 03/06/2028		327,525		328,508
PetSmart, Inc., 2021 Term Loan B (6 month LIBOR + 3.750%) 4.500%, 02/12/2028		510,000		510,729
Rent-A-Center, Inc., 2021 Term Loan B (1 month LIBOR + 4.000%) 4.750%, 02/17/2028		598,500		599,996
Spencer Spirit IH LLC, Term Loan B (1 month LIBOR + 6.000%) 6.084%, 06/19/2026		602,368		598,230
Truck Hero, Inc., 2021 Term Loan B (1 month LIBOR + 3.250%) 4.000%, 01/31/2028		348,250		347,306
				3,940,880
Financials – 0.4%
Acrisure LLC, 2020 Term Loan B (3 month LIBOR + 3.500%) 3.632%, 02/15/2027		453,100		448,474
Amerilife Holdings LLC, 2020 Term Loan (1 month LIBOR + 4.000%) 4.084%, 03/18/2027		148,148		147,686
Deerfield Dakota Holding LLC, 2021 USD 2nd Lien Term Loan (1 month LIBOR + 6.750%) 7.500%, 04/07/2028		190,000		195,700
				791,860
Health care – 1.1%
Eyecare Partners LLC, 2020 2nd Lien Term Loan (3 month LIBOR + 8.250%) 8.382%, 02/18/2028		350,000		348,250
Eyecare Partners LLC, 2020 Term Loan (3 month LIBOR + 3.750%) 3.882%, 02/18/2027		493,232		489,967
Jazz Financing Lux Sarl, USD Term Loan (1 month LIBOR + 3.500%) 4.000%, 05/05/2028		199,500		199,725
Option Care Health, Inc., Term Loan B (1 month LIBOR + 3.750%) 3.834%, 08/06/2026		599,325		599,025
US Renal Care, Inc., 2019 Term Loan B (1 month LIBOR + 5.000%) 5.084%, 06/26/2026		646,080		644,665
				2,281,632
Industrials – 0.3%
CoreCivic, Inc., 2019 Term Loan (1 month LIBOR + 4.500%) 5.500%, 12/18/2024		218,579		216,258
Mileage Plus Holdings LLC, 2020 Term Loan B (3 month LIBOR + 5.250%) 6.250%, 06/21/2027		450,000		477,846
				694,104

 

83

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Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

High Yield Trust (continued)

		Shares or Principal Amount	Value
TERM LOANS (F) (continued)
Information technology – 1.6%
Dcert Buyer, Inc., 2021 2nd Lien Term Loan (1 month LIBOR + 7.000%) 7.084%, 02/16/2029	$	820,000	$	825,978
Global Tel*Link Corp., 2018 1st Lien Term Loan (1 month LIBOR + 4.250%) 4.334%, 11/29/2025		651,781		620,007
Peraton Corp., Term Loan B (1 month LIBOR + 3.750%) 4.500%, 02/01/2028		427,850		427,918
Rackspace Technology Global, Inc., 2021 Term Loan (3 month LIBOR + 2.750%) 3.500%, 02/15/2028		518,700		514,753
Redstone Holdco 2 LP, 2021 2nd Lien Term Loan (3 month LIBOR + 7.750%) 8.500%, 04/27/2029		520,000		505,700
Redstone Holdco 2 LP, 2021 Term Loan (3 month LIBOR + 4.750%) 5.500%, 04/27/2028		470,000		461,775
Vericast Corp., 2021 Term Loan (3 month LIBOR + 7.750%) 8.750%, 06/16/2026		148,729		139,156
				3,495,287
Materials – 0.2%
Arctic Canadian Diamond Company, Ltd., 2nd Lien PIK Term Loan (3 month LIBOR + 5.000% or 12.500% PIK) 12.500%, 12/31/2027 (G)		455,805		455,805
TOTAL TERM LOANS (Cost $12,442,291)			$	12,523,993
ASSET BACKED SECURITIES – 4.9%
Ballyrock CLO, Ltd. Series 2016-1A, Class ER (3 month LIBOR + 6.950%) 7.191%, 10/15/2028 (A)(H)		250,000		250,176
Barings CLO, Ltd. Series 2020-4A, Class E (3 month LIBOR + 5.680%) 5.904%, 01/20/2032 (A)(H)		330,000		324,138
Benefit Street Partners CLO XI, Ltd. Series 2017-12A, Class C (3 month LIBOR + 3.050%) 3.291%, 10/15/2030 (A)(H)		250,000		244,414
BlueMountain CLO, Ltd.
Series 2015-2A, Class ER (3 month LIBOR + 5.200%) 5.423%, 07/18/2027 (A)(H)		250,000		247,508
Series 2016-2A, Class DR (3 month LIBOR + 7.790%) 7.972%, 08/20/2032 (A)(H)		300,000		303,385
Bristol Park CLO, Ltd. Series 2016-1A, Class ER (3 month LIBOR + 7.000%) 7.241%, 04/15/2029 (A)(H)		250,000		250,049
Carlyle US CLO, Ltd. Series 2017-2A, Class C (3 month LIBOR + 3.700%) 3.924%, 07/20/2031 (A)(H)		500,000		487,515
Catskill Park CLO, Ltd. Series 2017-1A, Class D (3 month LIBOR + 6.000%) 6.224%, 04/20/2029 (A)(H)		500,000		496,594

High Yield Trust (continued)

		Shares or Principal Amount	Value
ASSET BACKED SECURITIES (continued)
Cook Park CLO, Ltd. Series 2018-1A, Class E (3 month LIBOR + 5.400%) 5.623%, 04/17/2030 (A)(H)	$	250,000	$	244,421
Cumberland Park CLO, Ltd. Series 2015-2A, Class ER (3 month LIBOR + 5.650%) 5.874%, 07/20/2028 (A)(H)		750,000		750,346
Dryden CLO, Ltd. Series 2019-75A, Class ER2 (3 month LIBOR + 6.600%) 6.784%, 04/15/2034 (A)(H)		470,000		467,670
Goldentree Loan Management U.S. CLO 6, Ltd. Series 2019-6A, Class E (3 month LIBOR + 5.220%) 5.408%, 01/20/2033 (A)(H)		250,000		241,725
Greenwood Park CLO, Ltd.
Series 2018-1A, Class D (3 month LIBOR + 2.500%) 2.741%, 04/15/2031 (A)(H)		290,000		286,069
Series 2018-1A, Class E (3 month LIBOR + 4.950%) 5.191%, 04/15/2031 (A)(H)		250,000		240,482
Greywolf CLO IV, Ltd. Series 2019-1RA, Class CR (3 month LIBOR + 3.650%) 3.831%, 04/17/2034 (A)(H)		250,000		250,110
Grippen Park CLO, Ltd. Series 2017-1A, Class E (3 month LIBOR + 5.700%) 5.924%, 01/20/2030 (A)(H)		420,000		416,496
Magnetite XII, Ltd. Series 2015-12A, Class ER (3 month LIBOR + 5.680%) 5.921%, 10/15/2031 (A)(H)		300,000		297,911
MKS CLO, Ltd. Series 2017-2A, Class D (3 month LIBOR + 2.650%) 2.874%, 01/20/2031 (A)(H)		500,000		476,218
Mountain View CLO IX, Ltd. Series 2015-9A, Class CR (3 month LIBOR + 3.120%) 3.304%, 07/15/2031 (A)(H)		250,000		238,413
Nassau, Ltd. Series 2020-1A, Class D (3 month LIBOR + 4.770%) 5.003%, 07/20/2029 (A)(H)		250,000		250,066
Neuberger Berman CLO XVIII, Ltd. Series 2014-18A, Class DR2 (3 month LIBOR + 5.920%) 6.144%, 10/21/2030 (A)(H)		250,000		245,822
Oaktree CLO, Ltd. Series 2015-1A, Class DR (3 month LIBOR + 5.200%) 5.424%, 10/20/2027 (A)(H)		250,000		248,754
Ocean Trails CLO X Series 2020-10A, Class D (3 month LIBOR + 4.700%) 4.894%, 10/15/2031 (A)(H)		500,000		500,193
OZLM XIX, Ltd. Series 2017-19A, Class C (3 month LIBOR + 3.100%) 3.341%, 11/22/2030 (A)(H)		810,000		794,429

 

84

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Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

High Yield Trust (continued)

		Shares or Principal Amount	Value
ASSET BACKED SECURITIES (continued)
Saranac CLO III, Ltd. Series 2014-3A, Class DR (3 month LIBOR + 3.250%) 3.437%, 06/22/2030 (A)(H)	$	570,000	$	532,117
Sculptor CLO XXVI, Ltd. Series 26A, Class E (3 month LIBOR + 7.250%) 7.412%, 07/20/2034 (A)(H)		280,000		279,658
Venture XVII CLO, Ltd.
Series 2014-17A, Class DRR (3 month LIBOR + 2.820%) 3.061%, 04/15/2027 (A)(H)		350,000		336,049
Series 2014-17A, Class ERR (3 month LIBOR + 5.740%) 5.981%, 04/15/2027 (A)(H)		350,000		301,995
Zais CLO, Ltd. Series 2020-16A, Class D1 (3 month LIBOR + 5.480%) 5.770%, 10/20/2031 (A)(H)		250,000		250,133
TOTAL ASSET BACKED SECURITIES (Cost $10,201,086)			$	10,252,856
COMMON STOCKS – 0.8%
Communication services – 0.0%
New Cotai, Inc., Class B (G)(I)(J)		3		0
Vertis Holdings, Inc. (G)(J)		69,391		0
				0
Consumer discretionary – 0.1%
Party City Holdco, Inc. (J)		14,174		100,635
Energy – 0.7%
Berry Corp.		79,225		571,212
Hercules Offshore, Inc. (C)(G)(J)		45,689		5,021
KCAD Holdings I, Ltd. (G)(I)(J)		165,553,563		166
MWO Holdings LLC (G)(I)(J)		445		3,369
Oasis Petroleum, Inc.		8,771		872,013
Permian Production (J)		19,583		979
				1,452,760
TOTAL COMMON STOCKS (Cost $7,628,055)			$	1,553,395
PREFERRED SECURITIES – 0.8%
Energy – 0.4%
MPLX LP, 8.462%		16,445		452,238
Targa Resources Corp., 9.500%		470		505,700
				957,938
Financials – 0.4%
B. Riley Financial, Inc., 5.250%		9,825		247,590
B. Riley Financial, Inc., 6.000%		13,075		338,250
B. Riley Financial, Inc., 6.875%		4,175		107,673
GMAC Capital Trust I (3 month LIBOR + 5.785%), 5.910% (H)		3,712		93,691
				787,204
TOTAL PREFERRED SECURITIES (Cost $1,802,946)			$	1,745,142
ESCROW CERTIFICATES – 0.0%
Adelphia Communications Corp. (G)(J)	$	3,000,000		0
Adelphia Communications Corp. (G)(J)		2,050,000		0
Adelphia Communications Corp. (G)(J)		1,025,000		0
TOTAL ESCROW CERTIFICATES (Cost $342,202)			$	0

High Yield Trust (continued)

	Shares or Principal Amount	Value
SHORT-TERM INVESTMENTS – 4.4%
Short-term funds – 4.4%
John Hancock Collateral Trust, 0.0303% (K)(L)	550,529	$	5,508,699
State Street Institutional Treasury Plus Money Market Fund, Premier Class, 0.0101% (K)	3,811,618		3,811,618
TOTAL SHORT-TERM INVESTMENTS (Cost $9,320,497)		$	9,320,317
Total Investments (High Yield Trust) (Cost $223,490,885) – 104.0%		$	219,215,063
Other assets and liabilities, net – (4.0%)			(8,424,302)
TOTAL NET ASSETS – 100.0%		$	210,790,761

Currency Abbreviations
BRL	Brazilian Real
CAD	Canadian Dollar
IDR	Indonesian Rupiah

Security Abbreviations and Legend
CMT	Constant Maturity Treasury
ICE	Intercontinental Exchange
LIBOR	London Interbank Offered Rate
PIK	Pay-in-Kind Security - Represents a payment-in-kind which may pay interest in additional par and/or cash. Rates shown are the current rate and most recent payment rate.
(A)	These 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. Rule 144A securities amounted to $150,159,777 or 71.2% of the fund's net assets as of 9-30-21.
(B)	Non-income producing - Issuer is in default.
(C)	All or a portion of this security is on loan as of 9-30-21. The value of securities on loan amounted to $5,380,508.
(D)	Perpetual bonds have no stated maturity date. Date shown as maturity date is next call date.
(E)	Zero coupon bonds are issued at a discount from their principal amount in lieu of paying interest periodically. Rate shown is the effective yield at period end.
(F)	Term loans are variable rate obligations. The coupon rate shown represents the rate at period end.
(G)	Security is valued using significant unobservable inputs and is classified as Level 3 in the fair value hierarchy.
(H)	Variable rate obligation. The coupon rate shown represents the rate at period end.
(I)	Restricted security as to resale, excluding 144A securities. For more information on this security refer to the Notes to Portfolio of Investments.
(J)	Non-income producing security.
(K)	The rate shown is the annualized seven-day yield as of 9-30-21.
(L)	Investment is an affiliate of the fund, the advisor and/or subadvisor. This security represents the investment of cash collateral received for securities lending.

 

85

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Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

High Yield Trust (continued)

DERIVATIVES

FUTURES

Open contracts	Number of contracts	Position	Expiration date	Notional basis^	Notional value^	Unrealized appreciation (depreciation)
5-Year U.S. Treasury Note Futures	81	Long	Dec 2021	$10,008,233	$9,942,117	$(66,116)
						$(66,116)

^ Notional basis refers to the contractual amount agreed upon at inception of open contracts; notional value represents the current value of the open contract.

FORWARD FOREIGN CURRENCY CONTRACTS

Contract to buy		Contract to sell		Counterparty (OTC)	Contractual settlement date	Unrealized appreciation	Unrealized depreciation
EUR	442,617	USD	526,411	MSCS	10/19/2021	—	$(13,563)
MXN	1,174,325	USD	58,110	MSCS	10/19/2021	—	(1,352)
USD	88,729	CAD	111,362	JPM	10/19/2021	$809	—
USD	577,689	CAD	724,887	MSCS	10/19/2021	5,396	—
						$6,205	$(14,915)

SWAPS

Credit default swaps - Seller
Counterparty (OTC)/ Centrally cleared	Reference obligation	Implied credit spread	Notional amount	Currency	USD notional amount	Received fixed rate	Fixed payment frequency	Maturity date	Unamortized upfront payment paid (received)	Unrealized appreciation (depreciation)	Value
Centrally cleared	Ford Motor Credit Company LLC	1.028%	300,000	USD	$300,000	5.000%	Quarterly	Jun 2023	$(11,225)	$32,175	$20,950
Centrally cleared	Occidental Petroleum Corp.	1.660%	750,000	USD	750,000	1.000%	Quarterly	Jun 2026	(32,555)	10,583	(21,972)
					$1,050,000				$(43,780)	$42,758	$(1,022)

Derivatives Currency Abbreviations
CAD	Canadian Dollar
EUR	Euro
MXN	Mexican Peso
USD	U.S. Dollar

Derivatives Abbreviations
JPM	JPMorgan Chase Bank, N.A.
MSCS	Morgan Stanley Capital Services LLC
OTC	Over-the-counter

International Equity Index Trust

	Shares or Principal Amount	Value
COMMON STOCKS - 96.3%
Argentina - 0.0%
YPF SA, ADR (A)	6,300	$	29,358
Australia - 4.4%
Afterpay, Ltd. (A)	7,435		645,917
AGL Energy, Ltd.	26,033		107,508
Ampol, Ltd.	9,411		187,820
APA Group	39,169		243,976
Aristocrat Leisure, Ltd.	20,065		667,293
ASX, Ltd.	6,626		382,558
Aurizon Holdings, Ltd.	61,567		166,689
AusNet Services, Ltd.	86,871		157,242
Australia & New Zealand Banking Group, Ltd.	96,280		1,933,550
BHP Group PLC	71,227		1,794,518
BHP Group, Ltd. (B)	97,792		2,611,818
BlueScope Steel, Ltd.	18,252		264,464
Brambles, Ltd.	50,212		386,104

International Equity Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Australia (continued)
Cochlear, Ltd.	2,361	$	369,409
Coles Group, Ltd.	45,471		552,336
Commonwealth Bank of Australia	60,047		4,456,114
Computershare, Ltd.	20,019		258,867
Crown Resorts, Ltd. (A)	14,067		96,294
CSL, Ltd.	15,105		3,155,910
Dexus	39,487		303,916
Domino's Pizza Enterprises, Ltd.	1,999		228,643
Endeavour Group, Ltd.	43,228		216,317
Evolution Mining, Ltd.	56,369		142,530
Fortescue Metals Group, Ltd.	58,162		619,543
Goodman Group	57,212		880,327
Insurance Australia Group, Ltd.	88,042		307,467
Lendlease Corp., Ltd.	25,385		195,172
Macquarie Group, Ltd.	11,780		1,521,934
Magellan Financial Group, Ltd.	4,564		114,549

 

86

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Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

International Equity Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Australia (continued)
Medibank Private, Ltd.	99,625	$	254,365
Mirvac Group	141,329		299,797
MMG, Ltd. (A)	148,000		61,491
National Australia Bank, Ltd.	110,955		2,188,149
Newcrest Mining, Ltd.	28,639		474,770
Northern Star Resources, Ltd.	39,419		241,428
Oil Search, Ltd.	73,917		230,028
Orica, Ltd.	15,709		153,436
Origin Energy, Ltd.	58,812		197,315
Qantas Airways, Ltd. (A)	30,851		124,423
QBE Insurance Group, Ltd.	49,235		405,608
Ramsay Health Care, Ltd.	6,659		329,998
REA Group, Ltd.	1,952		219,856
Reece, Ltd.	9,597		129,431
Rio Tinto, Ltd.	12,705		904,483
Santos, Ltd.	64,049		328,061
Scentre Group	177,637		378,077
SEEK, Ltd.	11,910		261,821
Sonic Healthcare, Ltd.	16,282		470,537
South32, Ltd.	112,851		280,044
South32, Ltd. (London Stock Exchange)	48,980		123,428
Stockland	87,409		277,189
Suncorp Group, Ltd.	43,155		383,734
Sydney Airport (A)	47,614		279,630
Tabcorp Holdings, Ltd.	82,609		287,033
Telstra Corp., Ltd.	142,464		399,199
The GPT Group	71,628		257,997
Transurban Group	104,007		1,048,234
Treasury Wine Estates, Ltd.	26,341		232,275
Vicinity Centres	148,057		175,038
Washington H. Soul Pattinson & Company, Ltd. (B)	3,863		107,357
Wesfarmers, Ltd.	37,640		1,497,073
Westpac Banking Corp.	121,785		2,252,232
WiseTech Global, Ltd.	5,291		200,652
Woodside Petroleum, Ltd.	33,065		565,389
Woolworths Group, Ltd.	43,228		1,214,201
			40,202,564
Austria - 0.2%
Erste Group Bank AG	11,010		483,439
OMV AG	5,543		333,774
Raiffeisen Bank International AG	4,926		128,837
Verbund AG	2,442		246,971
voestalpine AG	4,357		160,941
			1,353,962
Belgium - 0.5%
Ageas SA/NV	6,383		316,088
Anheuser-Busch InBev SA/NV	26,526		1,504,481
Elia Group SA/NV	1,076		128,582
Etablissements Franz Colruyt NV (B)	2,769		141,252
Groupe Bruxelles Lambert SA	3,809		418,972
KBC Group NV	8,597		775,486
Proximus SADP	5,996		118,987
Sofina SA	537		213,372
Solvay SA	2,881		357,380
UCB SA	4,152		464,928
Umicore SA	6,530		386,311
			4,825,839
Brazil - 0.9%
Ambev SA	157,730		443,147
Americanas SA (A)	13,014		73,891
Atacadao SA	13,900		45,332
B3 SA - Brasil Bolsa Balcao	206,421		482,909
Banco Bradesco SA	46,659		153,024

International Equity Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Brazil (continued)
Banco BTG Pactual SA	37,204	$	171,887
Banco do Brasil SA	28,713		152,377
Banco Inter SA	3,823		32,749
Banco Santander Brasil SA	14,000		90,930
BB Seguridade Participacoes SA	24,400		89,387
BRF SA (A)	19,720		98,098
CCR SA	40,100		86,153
Centrais Eletricas Brasileiras SA	9,400		66,473
Centrais Eletricas Brasileiras SA, ADR	1,429		10,317
Cia Brasileira de Distribuicao	4,938		23,340
Cia Brasileira de Distribuicao, ADR	628		2,958
Cia de Saneamento Basico do Estado de Sao Paulo	11,270		79,821
Cia Siderurgica Nacional SA, ADR (B)	11,800		62,068
Cosan SA	40,344		170,244
Energisa SA	6,100		49,185
Engie Brasil Energia SA	7,275		50,043
Equatorial Energia SA	30,700		142,909
Hapvida Participacoes e Investimentos SA (C)	38,400		95,828
Hypera SA	10,908		64,377
JBS SA	34,073		231,940
Klabin SA (A)	24,000		106,696
Localiza Rent a Car SA	20,227		202,316
Lojas Renner SA	29,260		184,939
Magazine Luiza SA	94,607		249,124
Natura & Company Holding SA (A)	26,929		225,342
Notre Dame Intermedica Participacoes SA	17,255		236,404
Petrobras Distribuidora SA	44,000		189,792
Petroleo Brasileiro SA	124,329		642,678
Raia Drogasil SA	35,900		154,062
Rede D'Or Sao Luiz SA (C)	13,400		167,102
Rumo SA (A)	45,451		140,132
Sendas Distribuidora SA	24,690		86,324
Sendas Distribuidora SA, ADR	628		10,946
Suzano SA (A)	22,263		222,886
Suzano SA, ADR (A)	3,164		31,640
Telefonica Brasil SA	9,652		75,982
Telefonica Brasil SA, ADR	6,017		46,692
TIM SA	28,020		60,457
TOTVS SA	16,600		110,042
Ultrapar Participacoes SA	25,400		68,750
Vale SA	134,697		1,885,746
Via S/A (A)	44,400		62,861
WEG SA	56,116		408,369
			8,538,669
Canada - 7.0%
Agnico Eagle Mines, Ltd.	8,536		442,840
Air Canada (A)	5,400		98,612
Algonquin Power & Utilities Corp. (B)	20,482		300,293
Alimentation Couche-Tard, Inc., Class B	29,500		1,128,667
AltaGas, Ltd. (B)	11,500		226,895
Atco, Ltd., Class I	3,400		109,065
B2Gold Corp.	36,100		123,412
Ballard Power Systems, Inc. (A)	7,500		105,282
Bank of Montreal	21,498		2,146,236
Barrick Gold Corp.	40,477		730,861
Barrick Gold Corp. (London Stock Exchange)	20,657		372,946
BCE, Inc.	5,524		276,723
BlackBerry, Ltd. (A)	21,000		204,429
Brookfield Asset Management, Inc., Class A	43,372		2,324,063
CAE, Inc. (A)	10,400		310,703

 

87

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

International Equity Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Canada (continued)
Cameco Corp.	13,200	$	286,802
Canadian Apartment Properties REIT	2,900		135,338
Canadian Imperial Bank of Commerce (B)	15,200		1,692,089
Canadian National Railway Company	24,000		2,781,241
Canadian Natural Resources, Ltd.	40,360		1,475,661
Canadian Pacific Railway, Ltd.	22,100		1,443,148
Canadian Tire Corp., Ltd., Class A	2,100		293,861
Canadian Utilities, Ltd., Class A	4,600		123,952
Canopy Growth Corp. (A)(B)	8,000		110,848
CCL Industries, Inc., Class B	5,400		279,678
Cenovus Energy, Inc.	43,800		441,596
CGI, Inc. (A)	7,900		671,057
Constellation Software, Inc.	700		1,146,782
Dollarama, Inc.	10,100		438,097
Emera, Inc.	8,900		403,051
Empire Company, Ltd., Class A	6,200		188,947
Enbridge, Inc.	68,500		2,728,967
Fairfax Financial Holdings, Ltd.	900		363,318
First Quantum Minerals, Ltd.	20,154		373,134
FirstService Corp. (B)	1,500		271,198
Fortis, Inc.	16,245		720,675
Franco-Nevada Corp.	6,423		834,442
George Weston, Ltd.	2,799		301,910
GFL Environmental, Inc.	6,400		237,941
Gildan Activewear, Inc.	7,300		266,733
Great-West Lifeco, Inc.	9,900		301,236
Hydro One, Ltd. (C)	11,900		281,293
iA Financial Corp., Inc.	3,600		204,244
IGM Financial, Inc.	3,000		107,177
Imperial Oil, Ltd.	8,630		272,745
Intact Financial Corp.	6,100		806,591
Ivanhoe Mines, Ltd., Class A (A)	19,900		127,262
Keyera Corp.	8,500		213,876
Kinross Gold Corp.	45,229		242,464
Kirkland Lake Gold, Ltd.	8,700		362,397
Lightspeed Commerce, Inc. (A)	3,200		308,783
Loblaw Companies, Ltd.	6,140		421,355
Lundin Mining Corp.	22,100		158,954
Magna International, Inc.	9,800		737,515
Manulife Financial Corp. (D)	66,100		1,272,318
Metro, Inc.	8,257		403,463
National Bank of Canada (B)	11,500		883,246
Northland Power, Inc.	8,100		254,524
Nutrien, Ltd.	19,490		1,265,019
Nuvei Corp. (A)	1,900		217,661
Onex Corp.	2,700		190,872
Open Text Corp.	9,700		473,436
Pan American Silver Corp.	7,300		169,964
Parkland Corp.	5,400		151,734
Pembina Pipeline Corp.	18,998		602,218
Power Corp. of Canada (B)	19,412		639,863
Quebecor, Inc., Class B	6,400		154,669
Restaurant Brands International, Inc.	10,046		615,482
RioCan Real Estate Investment Trust (B)	6,300		107,636
Ritchie Brothers Auctioneers, Inc.	3,800		234,492
Rogers Communications, Inc., Class B	12,200		569,738
Royal Bank of Canada	48,200		4,796,026
Saputo, Inc.	9,100		231,416
Shaw Communications, Inc., Class B	16,926		492,038
Shopify, Inc., Class A (A)	3,800		5,157,931
Sun Life Financial, Inc.	20,000		1,029,528
Suncor Energy, Inc.	52,235		1,082,971
TC Energy Corp.	33,397		1,607,359
Teck Resources, Ltd., Class B	16,161		402,302

International Equity Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Canada (continued)
TELUS Corp.	14,345	$	315,305
The Bank of Nova Scotia	40,200		2,474,334
The Toronto-Dominion Bank	61,572		4,076,119
Thomson Reuters Corp.	5,954		658,343
TMX Group, Ltd.	2,000		215,680
Toromont Industries, Ltd.	2,800		233,731
West Fraser Timber Company, Ltd.	3,076		259,078
Wheaton Precious Metals Corp.	15,127		569,442
WSP Global, Inc.	3,800		455,004
Yamana Gold, Inc.	33,100		130,665
			63,850,992
Chile - 0.1%
Antofagasta PLC	13,250		240,789
Banco Santander Chile, ADR	5,508		108,893
Cencosud SA	61,383		118,851
Enel Americas SA, ADR	14,968		87,563
Enel Chile SA, ADR (B)	18,222		43,915
Sociedad Quimica y Minera de Chile SA, ADR	4,430		237,980
			837,991
China - 8.9%
21Vianet Group, Inc., ADR (A)	4,400		76,164
3SBio, Inc. (A)(C)	40,500		39,676
51job, Inc., ADR (A)	900		62,577
AAC Technologies Holdings, Inc.	27,342		129,300
AECC Aviation Power Company, Ltd., Class A	3,600		29,605
Agile Group Holdings, Ltd.	54,000		50,361
Agora, Inc., ADR (A)	2,400		69,600
Agricultural Bank of China, Ltd., Class A	165,700		75,273
Agricultural Bank of China, Ltd., H Shares	934,000		320,858
Aier Eye Hospital Group Company, Ltd., Class A	11,596		95,575
Air China, Ltd., H Shares (A)	84,534		55,768
Airtac International Group	4,000		124,448
Alibaba Group Holding, Ltd., ADR (A)	63,000		9,327,150
A-Living Smart City Services Company, Ltd. (C)	15,500		55,044
Aluminum Corp. of China, Ltd., A Shares (A)	29,100		34,581
Aluminum Corp. of China, Ltd., H Shares (A)	131,220		97,468
Anhui Conch Cement Company, Ltd., Class A	8,900		56,143
Anhui Conch Cement Company, Ltd., H Shares	44,290		239,230
Anhui Gujing Distillery Company, Ltd., B Shares	3,600		46,718
Anhui Gujing Distillery Company, Ltd., Class A	900		33,104
ANTA Sports Products, Ltd.	37,000		698,689
Autohome, Inc., ADR	2,100		98,553
AVIC Industry-Finance Holdings Company, Ltd., Class A	20,000		11,807
AviChina Industry & Technology Company, Ltd., H Shares	72,000		45,297
Baidu, Inc., ADR (A)	9,500		1,460,625
Bank of Beijing Company, Ltd., Class A	47,000		31,645
Bank of China, Ltd., Class A	78,100		36,837
Bank of China, Ltd., H Shares	2,682,563		947,845
Bank of Communications Company, Ltd., Class A	87,300		60,684

 

88

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

International Equity Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
China (continued)
Bank of Communications Company, Ltd., H Shares	292,527	$	173,146
Bank of Hangzhou Company, Ltd., Class A	11,400		26,191
Bank of Jiangsu Company, Ltd., Class A	33,410		29,952
Bank of Nanjing Company, Ltd., Class A	13,600		18,974
Bank of Ningbo Company, Ltd., Class A	12,500		67,774
Bank of Shanghai Company, Ltd., Class A	31,610		35,680
Baoshan Iron & Steel Company, Ltd., Class A	41,300		55,182
Baozun, Inc., ADR (A)	1,300		22,789
BeiGene, Ltd., ADR (A)	1,500		544,500
Beijing Capital International Airport Company, Ltd., H Shares (A)	52,789		30,946
Beijing Shunxin Agriculture Company, Ltd., Class A	1,700		9,254
Beijing Yuanliu Hongyuan Electronic Technology Company, Ltd., Class A	6,700		155,742
Bilibili, Inc., ADR (A)	5,800		383,786
BOE Technology Group Company, Ltd., Class A	75,300		58,476
BYD Company, Ltd., Class A	4,000		153,996
BYD Company, Ltd., H Shares	26,105		811,406
BYD Electronic International Company, Ltd.	22,500		78,689
CanSino Biologics, Inc., Class A (A)	254		13,337
CanSino Biologics, Inc., H Shares (A)(C)	2,400		84,889
CGN Power Company, Ltd., H Shares (C)	317,000		96,212
Changchun High & New Technology Industry Group, Inc., Class A	800		33,880
China Aoyuan Group, Ltd.	64,000		33,736
China Bohai Bank Company, Ltd., H Shares (C)	83,000		32,227
China Cinda Asset Management Company, Ltd., H Shares	304,800		51,474
China CITIC Bank Corp., Ltd., H Shares	310,800		140,086
China Communications Services Corp., Ltd., H Shares	129,600		71,671
China Conch Venture Holdings, Ltd.	57,900		268,852
China Construction Bank Corp., Class A	15,400		14,173
China Construction Bank Corp., H Shares	3,209,914		2,290,860
China East Education Holdings, Ltd. (A)(C)	18,500		19,090
China Eastern Airlines Corp., Ltd., Class A (A)	15,800		11,476
China Everbright Bank Company, Ltd., Class A	88,600		46,335
China Everbright Bank Company, Ltd., H Shares	120,000		42,239
China Evergrande Group (B)	65,959		24,919
China Feihe, Ltd. (C)	119,000		200,578
China Fortune Land Development Company, Ltd., Class A (A)	8,710		5,424
China Galaxy Securities Company, Ltd., H Shares	129,500		75,104
China Greatwall Technology Group Company, Ltd., Class A	6,500		13,225
China Hongqiao Group, Ltd.	57,000		72,338
China Huarong Asset Management Company, Ltd., H Shares (A)(C)(E)	351,700		23,041
China Huishan Dairy Holdings Company, Ltd. (A)(E)	225,000		0

International Equity Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
China (continued)
China International Capital Corp., Ltd., H Shares (C)	36,800	$	96,201
China Lesso Group Holdings, Ltd.	36,000		57,299
China Life Insurance Company, Ltd., Class A	4,500		20,675
China Life Insurance Company, Ltd., H Shares	248,624		406,564
China Literature, Ltd. (A)(C)	10,200		77,408
China Longyuan Power Group Corp., Ltd., H Shares	99,000		242,927
China Medical System Holdings, Ltd.	48,300		88,026
China Meidong Auto Holdings, Ltd.	18,000		90,570
China Merchants Bank Company, Ltd., Class A	45,900		356,767
China Merchants Bank Company, Ltd., H Shares	131,823		1,049,067
China Merchants Securities Company, Ltd., Class A	16,510		46,542
China Merchants Shekou Industrial Zone Holdings Company, Ltd., Class A	17,600		35,154
China Minsheng Banking Corp., Ltd., Class A	78,880		47,666
China Minsheng Banking Corp., Ltd., H Shares (B)	194,496		78,044
China Molybdenum Company, Ltd., Class A	28,400		26,259
China Molybdenum Company, Ltd., H Shares	129,000		79,641
China National Building Material Company, Ltd., H Shares	138,000		185,633
China National Nuclear Power Company, Ltd., Class A	20,900		23,228
China Oilfield Services, Ltd., H Shares	56,000		52,996
China Pacific Insurance Group Company, Ltd., Class A	14,000		58,483
China Pacific Insurance Group Company, Ltd., H Shares	94,100		279,421
China Petroleum & Chemical Corp., Class A	56,700		38,865
China Petroleum & Chemical Corp., H Shares	819,361		403,774
China Railway Group, Ltd., Class A	30,000		26,169
China Railway Group, Ltd., H Shares	126,000		62,536
China Resources Mixc Lifestyle Services, Ltd. (C)	19,000		104,525
China Resources Pharmaceutical Group, Ltd. (C)	66,000		32,394
China Shenhua Energy Company, Ltd., Class A	9,800		34,232
China Shenhua Energy Company, Ltd., H Shares	113,500		264,392
China Southern Airlines Company, Ltd., Class A (A)	13,800		12,283
China Southern Airlines Company, Ltd., H Shares (A)	64,000		35,962
China State Construction Engineering Corp., Ltd., Class A	93,340		69,142
China Tourism Group Duty Free Corp., Ltd., Class A	4,300		172,278
China Tower Corp., Ltd., H Shares (C)	1,496,000		195,500
China Vanke Company, Ltd., Class A	21,600		71,015
China Vanke Company, Ltd., H Shares	56,900		155,583
China Yangtze Power Company, Ltd., Class A	48,900		166,135
Chinasoft International, Ltd. (A)	86,000		151,887

 

89

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

International Equity Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
China (continued)
Chongqing Rural Commercial Bank Company, Ltd., H Shares	88,000	$	31,988
Chongqing Zhifei Biological Products Company, Ltd., Class A	3,100		75,792
CIFI Ever Sunshine Services Group, Ltd.	22,000		43,974
CIFI Holdings Group Company, Ltd.	133,487		90,619
CITIC Securities Company, Ltd., Class A	21,900		85,314
CITIC Securities Company, Ltd., H Shares	75,500		191,402
CITIC, Ltd.	207,967		220,183
Contemporary Amperex Technology Company, Ltd., Class A	4,900		396,992
COSCO SHIPPING Holdings Company, Ltd., H Shares (A)(B)	119,600		181,485
Country Garden Holdings Company, Ltd.	260,777		268,889
Country Garden Services Holdings Company, Ltd.	47,000		371,391
CSC Financial Company, Ltd., Class A	6,200		29,491
CSPC Pharmaceutical Group, Ltd.	303,120		361,730
Dali Foods Group Company, Ltd. (C)	73,000		43,973
Daqo New Energy Corp., ADR (A)	2,500		142,500
DiDi Global, Inc. (A)(B)	13,000		101,270
Dongfeng Motor Group Company, Ltd., H Shares	91,220		81,231
East Money Information Company, Ltd., Class A	21,456		113,445
Ecovacs Robotics Company, Ltd., Class A	2,300		53,986
ENN Energy Holdings, Ltd.	26,600		438,727
Eve Energy Company, Ltd., Class A	4,181		63,603
Everbright Securities Company, Ltd., Class A	8,700		20,795
Flat Glass Group Company, Ltd., H Shares (B)	23,000		107,624
Focus Media Information Technology Company, Ltd., Class A	32,700		36,988
Foshan Haitian Flavouring & Food Company, Ltd., Class A	7,800		132,261
Fosun International, Ltd.	85,000		103,296
Founder Securities Company, Ltd., Class A	13,200		16,668
Foxconn Industrial Internet Company, Ltd., Class A	6,400		11,475
Fuyao Glass Industry Group Company, Ltd., Class A	4,500		29,339
Fuyao Glass Industry Group Company, Ltd., H Shares (C)	16,800		89,359
Ganfeng Lithium Company, Ltd., H Shares (C)	8,600		150,684
Gaotu Techedu, Inc., ADR (A)(B)	2,700		8,289
GCL System Integration Technology Company, Ltd., Class A (A)	60,900		38,549
GDS Holdings, Ltd., ADR (A)	3,400		192,474
Gemdale Corp., Class A	7,300		12,634
Genscript Biotech Corp. (A)	28,000		107,460
GF Securities Company, Ltd., Class A	13,200		42,576
GF Securities Company, Ltd., H Shares	47,800		83,356
Gigadevice Semiconductor Beijing, Inc., Class A	1,372		30,601
GoerTek, Inc., Class A	5,200		34,462
GOME Retail Holdings, Ltd. (A)(B)	386,127		36,017
Great Wall Motor Company, Ltd., H Shares	104,500		384,511
Greenland Holdings Corp., Ltd., Class A	13,755		9,977
Greentown China Holdings, Ltd.	29,000		43,736

International Equity Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
China (continued)
Greentown Service Group Company, Ltd.	48,000	$	52,076
Guangdong Haid Group Company, Ltd., Class A	3,500		36,448
Guangzhou Automobile Group Company, Ltd., H Shares	100,310		88,147
Guangzhou Baiyunshan Pharmaceutical Holdings Company, Ltd., Class A	2,300		10,572
Guangzhou R&F Properties Company, Ltd., H Shares (B)	43,600		33,549
Guosen Securities Company, Ltd., Class A	6,600		12,034
Guotai Junan Securities Company, Ltd., Class A	16,700		45,903
Haidilao International Holding, Ltd. (B)(C)	26,000		99,601
Haier Smart Home Company, Ltd., Class A	13,600		54,557
Haier Smart Home Company, Ltd., H Shares	65,400		228,629
Haitian International Holdings, Ltd.	21,000		65,156
Haitong Securities Company, Ltd., Class A	18,000		33,715
Haitong Securities Company, Ltd., H Shares	113,200		103,197
Hangzhou First Applied Material Company, Ltd., Class A	2,800		54,523
Hangzhou Silan Microelectronics Company, Ltd., Class A	34,200		299,986
Hangzhou Tigermed Consulting Company, Ltd., A Shares	1,700		45,720
Hangzhou Tigermed Consulting Company, Ltd., H Shares (C)	4,100		86,698
Hansoh Pharmaceutical Group Company, Ltd. (C)	40,000		101,255
Hello Group, Inc., ADR	5,200		55,016
Henan Shuanghui Investment & Development Company, Ltd., Class A	4,400		18,449
Hengan International Group Company, Ltd.	25,000		133,315
Hengli Petrochemical Company, Ltd., Class A	9,500		37,962
HengTen Networks Group, Ltd. (A)(B)	156,000		45,809
Hithink RoyalFlush Information Network Company, Ltd., Class A	900		16,606
Hua Hong Semiconductor, Ltd. (A)(C)	17,000		87,196
Huadong Medicine Company, Ltd., Class A	2,800		12,842
Hualan Biological Engineering, Inc., Class A	4,030		17,348
Huaneng Power International, Inc., H Shares (B)	149,436		80,176
Huatai Securities Company, Ltd., Class A	16,400		42,989
Huatai Securities Company, Ltd., H Shares (C)	48,800		75,208
Huaxia Bank Company, Ltd., Class A	28,500		24,498
Huayu Automotive Systems Company, Ltd., Class A	5,100		17,935
Huazhu Group, Ltd., ADR (A)	6,400		293,504
Hundsun Technologies, Inc., Class A	2,366		21,032
Iflytek Company, Ltd., Class A	9,600		78,049
I-Mab, ADR (A)	1,100		79,739
Industrial & Commercial Bank of China, Ltd., Class A	120,000		86,300

 

90

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

International Equity Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
China (continued)
Industrial & Commercial Bank of China, Ltd., H Shares	2,051,735	$	1,137,326
Industrial Bank Company, Ltd., Class A	46,200		129,991
Industrial Securities Company, Ltd., Class A	14,900		22,584
Ingenic Semiconductor Company, Ltd., Class A	2,800		55,300
Inner Mongolia BaoTou Steel Union Company, Ltd., Class A (A)	48,800		23,710
Inner Mongolia Yili Industrial Group Company, Ltd., Class A	13,600		79,220
Innovent Biologics, Inc. (A)(C)	33,000		317,798
Inspur Electronic Information Industry Company, Ltd., Class A	3,248		14,282
iQIYI, Inc., ADR (A)	12,000		96,360
JA Solar Technology Company, Ltd., Class A	24,100		243,995
JD Health International, Inc. (A)(C)	9,550		92,034
JD.com, Inc., ADR (A)	29,100		2,102,184
Jiangsu Expressway Company, Ltd., H Shares	41,145		41,575
Jiangsu Hengli Hydraulic Company, Ltd., Class A	2,960		38,644
Jiangsu Hengrui Medicine Company, Ltd., Class A	14,198		110,232
Jiangsu King's Luck Brewery JSC, Ltd., Class A	2,800		19,570
Jiangsu Yanghe Brewery Joint-Stock Company, Ltd., Class A	3,400		86,891
Jiangxi Copper Company, Ltd., H Shares	39,075		69,519
Jinxin Fertility Group, Ltd. (A)(C)	44,000		65,256
Jiumaojiu International Holdings, Ltd. (C)	22,000		66,262
Kaisa Group Holdings, Ltd. (A)	56,000		15,238
KE Holdings, Inc., ADR (A)	11,800		215,468
Kingdee International Software Group Company, Ltd. (A)	81,000		269,702
Kingsoft Cloud Holdings, Ltd., ADR (A)(B)	2,600		73,632
Kingsoft Corp., Ltd.	29,000		115,460
Kuaishou Technology (A)(C)	6,700		71,507
Kweichow Moutai Company, Ltd., Class A	2,500		705,646
KWG Group Holdings, Ltd.	45,000		43,889
Lenovo Group, Ltd.	257,436		336,012
Lens Technology Company, Ltd., Class A	7,300		23,449
Lepu Medical Technology Beijing Company, Ltd., Class A	4,000		16,574
Li Auto, Inc., ADR (A)	19,000		499,510
Li Ning Company, Ltd.	77,500		893,245
Lingyi iTech Guangdong Company, Class A (A)	12,700		12,640
Logan Group Company, Ltd.	48,000		50,091
Longfor Group Holdings, Ltd. (C)	60,100		274,602
LONGi Green Energy Technology Company, Ltd., Class A	32,060		407,528
Lufax Holding, Ltd., ADR (A)	5,800		40,484
Luxshare Precision Industry Company, Ltd., Class A	15,495		85,009
Luzhou Laojiao Company, Ltd., Class A	3,300		113,259
Mango Excellent Media Company, Ltd., Class A	3,300		22,248
Maxscend Microelectronics Company, Ltd., Class A	900		48,628

International Equity Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
China (continued)
Meinian Onehealth Healthcare Holdings Company, Ltd., Class A (A)	8,300	$	9,522
Meituan, Class B (A)(C)	133,900		4,274,282
Metallurgical Corp. of China, Ltd., A Shares	28,700		19,256
Microport Scientific Corp.	25,019		140,287
Ming Yuan Cloud Group Holdings, Ltd. (A)	13,000		45,069
Minth Group, Ltd.	26,000		88,948
Muyuan Foods Company, Ltd., Class A	9,282		73,886
NARI Technology Company, Ltd., Class A	12,360		68,265
NAURA Technology Group Company, Ltd., Class A	3,200		179,441
NetEase, Inc., ADR	14,000		1,195,600
New China Life Insurance Company, Ltd., Class A	4,600		28,459
New China Life Insurance Company, Ltd., H Shares	29,500		86,853
New Hope Liuhe Company, Ltd., Class A (A)	6,800		15,473
New Oriental Education & Technology Group, Inc., ADR (A)	51,000		104,550
NIO, Inc., ADR (A)	45,200		1,610,476
Noah Holdings, Ltd., ADR (A)	1,000		37,130
Nongfu Spring Company, Ltd., H Shares (C)	10,000		50,629
Orient Securities Company, Ltd., Class A	9,600		22,381
Perfect World Company, Ltd., Class A	4,350		10,125
PetroChina Company, Ltd., Class A	36,000		33,314
PetroChina Company, Ltd., H Shares	712,261		333,598
Pharmaron Beijing Company, Ltd., H Shares (C)	4,200		100,195
PICC Property & Casualty Company, Ltd., H Shares	252,363		244,809
Pinduoduo, Inc., ADR (A)	14,600		1,323,782
Ping An Bank Company, Ltd., Class A	38,200		105,463
Ping An Healthcare and Technology Company, Ltd. (A)(C)	17,400		113,415
Ping An Insurance Group Company of China, Ltd., Class A	24,100		179,713
Ping An Insurance Group Company of China, Ltd., H Shares	210,290		1,438,253
Poly Developments and Holdings Group Company, Ltd., Class A	26,500		57,367
Postal Savings Bank of China Company, Ltd., H Shares (C)	331,000		227,548
Power Construction Corp. of China, Ltd., Class A	20,500		26,838
Raytron Technology Company, Ltd., Class A	2,601		35,182
RLX Technology, Inc., ADR (A)	24,900		112,548
Rongsheng Petrochemical Company, Ltd., Class A	13,950		40,345
SAIC Motor Corp., Ltd., Class A	17,300		50,916
Sanan Optoelectronics Company, Ltd., Class A	6,600		32,201
Sangfor Technologies, Inc., Class A	700		25,426
Sany Heavy Industry Company, Ltd., Class A	18,600		72,895
SDIC Capital Company, Ltd., Class A	11,856		16,078
SDIC Power Holdings Company, Ltd., Class A	10,900		20,291
Seazen Group, Ltd. (A)	64,000		51,087
Seazen Holdings Company, Ltd., Class A	5,000		28,837

 

91

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

International Equity Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
China (continued)
SF Holding Company, Ltd., Class A	3,600	$	36,300
Shaanxi Coal Industry Company, Ltd., Class A	13,400		30,539
Shandong Gold Mining Company, Ltd., Class A	5,880		17,863
Shandong Gold Mining Company, Ltd., H Shares (B)(C)	21,500		38,077
Shandong Weigao Group Medical Polymer Company, Ltd., H Shares	80,000		141,954
Shanghai Fosun Pharmaceutical Group Company, Ltd., Class A	3,200		25,762
Shanghai Fosun Pharmaceutical Group Company, Ltd., H Shares	17,500		89,589
Shanghai International Airport Company, Ltd., Class A (A)	1,600		10,887
Shanghai International Port Group Company, Ltd., Class A	13,700		12,882
Shanghai Lujiazui Finance & Trade Zone Development Company, Ltd., B Shares	39,240		35,499
Shanghai M&G Stationery, Inc., Class A	2,000		21,019
Shanghai Pharmaceuticals Holding Company, Ltd., H Shares	31,100		60,278
Shanghai Pudong Development Bank Company, Ltd., Class A	65,300		90,700
Shanxi Xinghuacun Fen Wine Factory Company, Ltd., Class A	1,960		95,508
Shengyi Technology Company, Ltd., Class A	5,100		17,007
Shennan Circuits Company, Ltd., Class A	1,120		16,364
Shenwan Hongyuan Group Company, Ltd., Class A	36,200		30,708
Shenzhen Goodix Technology Company, Ltd., Class A	800		13,682
Shenzhen Inovance Technology Company, Ltd., Class A	5,550		53,940
Shenzhen Kangtai Biological Products Company, Ltd., Class A	1,400		23,803
Shenzhen Mindray Bio-Medical Electronics Company, Ltd., Class A	700		41,785
Shenzhen Overseas Chinese Town Company, Ltd., Class A	13,200		15,223
Shenzhen Sunway Communication Company, Ltd., Class A	2,200		7,632
Shenzhou International Group Holdings, Ltd.	27,000		573,034
Sichuan Chuantou Energy Company, Ltd., Class A	9,800		21,783
Silergy Corp.	3,000		436,361
Sinopharm Group Company, Ltd., H Shares	42,800		112,160
Sinotruk Hong Kong, Ltd.	24,500		36,291
Smoore International Holdings, Ltd. (C)	59,000		274,733
Songcheng Performance Development Company, Ltd., Class A	5,760		12,493
Spring Airlines Company, Ltd., Class A (A)	2,000		16,817
Sunac China Holdings, Ltd.	87,000		185,439
Sunac Services Holdings, Ltd. (C)	36,000		74,083
Sungrow Power Supply Company, Ltd., Class A	9,100		206,819
Suning.com Company, Ltd., Class A (A)	20,700		15,967
Sunny Optical Technology Group Company, Ltd.	23,800		623,200

International Equity Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
China (continued)
TAL Education Group, ADR (A)	12,800	$	61,952
TCL Technology Group Corp., Class A	21,800		20,998
Tencent Holdings, Ltd.	194,200		11,593,499
Tencent Music Entertainment Group, ADR (A)	25,200		182,700
The People's Insurance Company Group of China, Ltd., H Shares	265,000		82,229
Thunder Software Technology Company, Ltd., Class A	8,300		159,816
Tianjin Zhonghuan Semiconductor Company, Ltd., Class A	27,000		190,774
Tingyi Cayman Islands Holding Corp.	76,000		141,308
Tongcheng-Elong Holdings, Ltd. (A)	28,800		69,545
Tongwei Company, Ltd., Class A	6,200		48,553
Topsports International Holdings, Ltd. (C)	41,000		46,564
TravelSky Technology, Ltd., H Shares	31,000		59,791
Trip.com Group, Ltd., ADR (A)	16,000		492,000
Tsingtao Brewery Company, Ltd., H Shares	12,000		94,394
Unigroup Guoxin Microelectronics Company, Ltd., Class A	7,200		229,389
Uni-President China Holdings, Ltd.	46,000		43,663
Unisplendour Corp., Ltd., Class A	5,320		20,454
Vipshop Holdings, Ltd., ADR (A)	15,300		170,442
Walvax Biotechnology Company, Ltd., Class A	3,400		32,994
Wanhua Chemical Group Company, Ltd., Class A	7,000		114,440
Want Want China Holdings, Ltd.	163,000		123,078
Weibo Corp., ADR (A)	1,890		89,756
Weichai Power Company, Ltd., Class A	9,600		25,346
Weichai Power Company, Ltd., H Shares	64,720		133,952
Weimob, Inc. (A)(B)(C)	53,000		76,501
Wens Foodstuffs Group Company, Ltd., Class A	14,160		31,654
Will Semiconductor Company, Ltd., Class A	3,100		115,705
Wuhu Sanqi Interactive Entertainment Network Technology Group Company, Ltd., Class A	4,700		15,215
Wuliangye Yibin Company, Ltd., Class A	8,600		291,070
WUS Printed Circuit Kunshan Company, Ltd., Class A	4,180		7,223
WuXi AppTec Company, Ltd., Class A	5,544		130,718
WuXi AppTec Company, Ltd., H Shares (C)	11,006		256,218
Wuxi Biologics Cayman, Inc. (A)(C)	119,500		1,938,325
Wuxi Shangji Automation Company, Ltd., Class A	1,100		47,157
Xiaomi Corp., Class B (A)(C)	477,000		1,310,069
Xinjiang Goldwind Science & Technology Company, Ltd., Class A	7,700		20,629
Xinjiang Goldwind Science & Technology Company, Ltd., H Shares (B)	22,200		46,683
Xinyi Solar Holdings, Ltd.	172,835		353,815
XPeng, Inc., ADR (A)	12,800		454,912
Yadea Group Holdings, Ltd. (C)	34,000		55,535
Yanzhou Coal Mining Company, Ltd., H Shares	49,990		94,268
Yihai International Holding, Ltd. (A)(B)	16,000		89,164
Yonghui Superstores Company, Ltd., Class A	10,200		6,169

 

92

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

International Equity Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
China (continued)
Yonyou Network Technology Company, Ltd., Class A	5,200	$	26,627
Yum China Holdings, Inc.	12,700		737,997
Yunda Holding Company, Ltd., Class A	3,120		9,270
Yunnan Baiyao Group Company, Ltd., Class A	2,800		42,297
Zai Lab, Ltd., ADR (A)	2,300		242,397
Zhangzhou Pientzehuang Pharmaceutical Company, Ltd., Class A	1,000		58,402
Zhaojin Mining Industry Company, Ltd., H Shares (B)	37,500		26,401
Zhejiang Chint Electrics Company, Ltd., Class A	4,800		41,762
Zhejiang Dahua Technology Company, Ltd., Class A	4,800		17,510
Zhejiang Expressway Company, Ltd., H Shares	49,718		41,036
Zhejiang Jingsheng Mechanical & Electrical Company, Ltd., Class A	30,300		300,506
Zhejiang Longsheng Group Company, Ltd., Class A	7,200		15,019
Zhejiang NHU Company, Ltd., Class A	5,760		23,823
Zhejiang Sanhua Intelligent Controls Company, Ltd., Class A	8,060		28,362
Zhejiang Supor Company, Ltd., Class A	1,200		8,666
Zhenro Properties Group, Ltd. (B)	51,000		27,802
ZhongAn Online P&C Insurance Company, Ltd., H Shares (A)(C)	12,500		51,181
Zhongsheng Group Holdings, Ltd.	20,000		160,324
Zhuzhou CRRC Times Electric Company, Ltd., H Shares (A)	18,000		82,470
Zijin Mining Group Company, Ltd., Class A	27,800		43,072
Zijin Mining Group Company, Ltd., H Shares	193,469		234,961
Zoomlion Heavy Industry Science and Technology Company, Ltd., Class A	14,300		18,209
Zoomlion Heavy Industry Science and Technology Company, Ltd., H Shares	44,800		39,921
ZTE Corp., Class A	7,600		38,833
ZTE Corp., H Shares	25,887		84,940
ZTO Express Cayman, Inc., ADR	15,400		472,164
			81,750,459
Colombia - 0.0%
Bancolombia SA, ADR	3,847		133,183
Ecopetrol SA, ADR	9,500		136,325
			269,508
Czech Republic - 0.0%
CEZ AS	6,817		221,775
Komercni banka AS	3,440		139,300
Moneta Money Bank AS (A)(C)	17,731		71,519
			432,594
Denmark - 1.7%
A.P. Moller - Maersk A/S, Series A	107		275,743
A.P. Moller - Maersk A/S, Series B	207		560,368
Ambu A/S, Class B	5,684		168,373
Carlsberg A/S, Class B	3,581		584,216
Chr. Hansen Holding A/S	3,557		290,011
Coloplast A/S, B Shares	4,136		646,716
Danske Bank A/S	26,235		441,958
Demant A/S (A)	5,000		251,956
DSV A/S	7,363		1,762,437
Genmab A/S (A)	2,265		989,628
GN Store Nord A/S	4,458		308,329

International Equity Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Denmark (continued)
Novo Nordisk A/S, B Shares	58,071	$	5,597,439
Novozymes A/S, B Shares	7,019		481,162
Orsted A/S (C)	6,586		868,131
Pandora A/S	3,372		409,360
Rockwool International A/S, B Shares	272		116,168
Tryg A/S	13,079		296,486
Vestas Wind Systems A/S	34,230		1,373,242
			15,421,723
Egypt - 0.0%
Commercial International Bank Egypt SAE (A)	68,774		186,055
Finland - 0.8%
Elisa OYJ	5,862		363,931
Fortum OYJ	16,798		510,088
Kesko OYJ, B Shares	9,211		317,718
Kone OYJ, B Shares	11,833		831,246
Neste OYJ	14,709		829,766
Nokia OYJ (A)	140,582		775,350
Nokia OYJ (Euronext Paris Exchange) (A)(B)	56,247		307,667
Nordea Bank ABP	109,335		1,408,922
Nordea Bank ABP (London Stock Exchange)	1,569		20,335
Orion OYJ, Class B	3,379		133,777
Sampo OYJ, A Shares	15,885		785,365
Stora Enso OYJ, R Shares	20,482		341,156
UPM-Kymmene OYJ	19,972		706,891
Wartsila OYJ ABP	15,222		181,283
			7,513,495
France - 6.8%
Accor SA (A)	6,145		219,113
Aeroports de Paris (A)	1,190		151,559
Air Liquide SA	15,910		2,548,139
Airbus SE (A)	19,831		2,629,104
Alstom SA	10,563		400,682
Amundi SA (C)	2,415		203,118
Arkema SA	2,540		334,941
Atos SE	3,698		196,444
AXA SA	66,841		1,852,375
BioMerieux	1,432		162,942
BNP Paribas SA (B)	37,933		2,426,971
Bollore SA	32,561		188,032
Bouygues SA	8,158		337,474
Bureau Veritas SA	10,297		317,777
Capgemini SE	5,409		1,121,697
Carrefour SA	20,604		369,252
Cie de Saint-Gobain	18,075		1,216,390
Cie Generale des Etablissements Michelin SCA	5,963		914,366
CNP Assurances	6,491		102,448
Covivio	2,169		182,276
Credit Agricole SA	41,519		570,695
Danone SA	21,340		1,454,912
Dassault Aviation SA	980		110,161
Dassault Systemes SE	22,830		1,201,436
Edenred	8,717		469,256
Eiffage SA	3,075		310,780
Electricite de France SA	23,423		294,336
Engie SA	63,119		825,796
EssilorLuxottica SA	9,828		1,878,057
Eurazeo SE	1,144		107,195
Faurecia SE	3,556		167,301
Faurecia SE (Borsa Italiana Exchange)	633		30,011
Gecina SA	1,814		244,048

 

93

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

International Equity Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
France (continued)
Getlink SE	14,784	$	230,950
Hermes International	1,094		1,509,424
Ipsen SA	1,496		142,553
Kering SA	2,546		1,808,318
Klepierre SA (A)	8,046		179,936
La Francaise des Jeux SAEM (C)	2,992		153,840
Legrand SA	9,225		988,452
L'Oreal SA	8,487		3,511,942
LVMH Moet Hennessy Louis Vuitton SE	9,362		6,705,642
Orange SA	68,945		745,628
Orpea SA	1,800		209,287
Pernod Ricard SA	7,039		1,551,835
Publicis Groupe SA	7,580		509,206
Remy Cointreau SA (B)	930		180,057
Renault SA (A)	7,048		250,040
Safran SA	11,283		1,427,076
Sanofi	38,211		3,678,333
Sartorius Stedim Biotech	961		537,010
Schneider Electric SE	17,545		2,922,180
Schneider Electric SE (Euronext London Exchange)	623		103,207
SCOR SE	6,432		185,214
SEB SA	1,019		143,358
Societe Generale SA	27,239		852,983
Sodexo SA (A)	3,211		280,627
Suez SA	11,179		254,787
Teleperformance	2,029		798,074
Thales SA	4,046		392,281
TotalEnergies SE	85,421		4,082,935
Ubisoft Entertainment SA (A)	3,042		182,161
Unibail-Rodamco-Westfield (A)	3,595		264,593
Unibail-Rodamco-Westfield, CHESS Depositary Interest (A)	27,093		102,576
Valeo	7,694		214,722
Veolia Environnement SA	18,107		553,272
Vinci SA	17,915		1,863,313
Vivendi SE (B)	23,492		295,762
Wendel SE	1,176		162,493
Worldline SA (A)(C)	8,074		615,447
			62,128,598
Germany - 5.3%
adidas AG	6,334		1,990,494
Allianz SE	13,687		3,066,503
BASF SE	30,975		2,348,215
Bayer AG	32,613		1,770,081
Bayerische Motoren Werke AG	11,166		1,060,532
Bechtle AG	2,763		188,975
Beiersdorf AG	3,796		409,587
Brenntag SE	5,855		543,896
Carl Zeiss Meditec AG, Bearer Shares	1,435		274,876
Commerzbank AG (A)	37,723		249,866
Continental AG (A)	3,710		402,751
Covestro AG (C)	7,081		482,574
Daimler AG	28,412		2,506,830
Delivery Hero SE (A)(C)	5,213		664,943
Deutsche Bank AG (A)	68,610		871,875
Deutsche Boerse AG	6,408		1,039,801
Deutsche Lufthansa AG (A)(B)	9,922		67,695
Deutsche Post AG	32,906		2,063,522
Deutsche Telekom AG	112,403		2,254,144
Deutsche Wohnen SE	12,352		755,255
E.ON SE	78,119		953,494
Evonik Industries AG	6,743		211,441
Fresenius Medical Care AG & Company KGaA	7,798		546,983

International Equity Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Germany (continued)
Fresenius SE & Company KGaA	15,294	$	732,047
GEA Group AG	5,093		232,593
Hannover Rueck SE	2,322		404,354
HeidelbergCement AG	5,549		413,973
HelloFresh SE (A)	5,483		505,350
Henkel AG & Company KGaA	3,884		334,121
Infineon Technologies AG	43,352		1,773,013
KION Group AG	2,693		250,388
Knorr-Bremse AG	2,408		257,635
LANXESS AG	3,216		217,351
LEG Immobilien SE	2,555		360,902
Merck KGaA	4,441		961,206
MTU Aero Engines AG	1,791		402,655
Muenchener Rueckversicherungs-Gesellschaft AG	4,871		1,329,142
Nemetschek SE	2,010		209,944
Puma SE	3,505		389,633
Rational AG	173		162,511
RWE AG	21,604		761,935
SAP SE	35,216		4,762,215
Scout24 AG (C)	3,211		222,401
Siemens AG	25,893		4,234,812
Siemens Energy AG (A)	13,485		360,716
Siemens Healthineers AG (C)	9,063		587,783
Symrise AG	4,417		578,939
TeamViewer AG (A)(C)	5,340		156,224
Telefonica Deutschland Holding AG	32,281		91,734
Uniper SE	7,281		303,104
United Internet AG	4,503		174,191
Vitesco Technologies Group AG (A)	742		43,834
Volkswagen AG	1,264		389,820
Vonovia SE	19,142		1,148,783
Zalando SE (A)(C)	7,670		699,514
			48,177,156
Greece - 0.1%
Alpha Services and Holdings SA (A)	74,045		92,890
Eurobank Ergasias Services and Holdings SA (A)	85,715		79,792
FF Group (A)(E)	1,869		3,247
Hellenic Telecommunications Organization SA	8,503		159,611
JUMBO SA	5,651		92,013
OPAP SA	9,294		143,786
			571,339
Hong Kong - 2.5%
AIA Group, Ltd.	404,000		4,647,780
Alibaba Health Information Technology, Ltd. (A)	134,000		192,965
Alibaba Pictures Group, Ltd. (A)	500,000		56,410
Beijing Enterprises Holdings, Ltd.	19,786		78,976
Beijing Enterprises Water Group, Ltd.	198,000		77,505
BOC Hong Kong Holdings, Ltd.	132,328		398,760
Bosideng International Holdings, Ltd.	108,000		76,386
Brilliance China Automotive Holdings, Ltd. (A)	58,000		23,200
Budweiser Brewing Company APAC, Ltd. (C)	57,500		146,052
China Common Rich Renewable Energy Investments, Ltd. (A)(E)	428,695		11,840
China Education Group Holdings, Ltd.	12,000		20,699
China Everbright Environment Group, Ltd.	117,851		88,560
China Everbright, Ltd.	32,216		37,852
China Gas Holdings, Ltd.	86,800		256,359
China Jinmao Holdings Group, Ltd.	224,000		80,494

 

94

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

International Equity Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Hong Kong (continued)
China Mengniu Dairy Company, Ltd. (A)	93,004	$	598,931
China Merchants Port Holdings Company, Ltd.	47,564		81,335
China Overseas Land & Investment, Ltd.	127,882		289,411
China Overseas Property Holdings, Ltd.	45,000		37,264
China Power International Development, Ltd.	88,000		46,587
China Resources Beer Holdings Company, Ltd.	49,979		369,647
China Resources Cement Holdings, Ltd.	88,000		84,586
China Resources Gas Group, Ltd.	30,000		157,362
China Resources Land, Ltd.	110,964		467,009
China Resources Power Holdings Company, Ltd.	68,244		195,997
China State Construction International Holdings, Ltd.	71,250		62,205
China Taiping Insurance Holdings Company, Ltd.	60,500		91,543
China Traditional Chinese Medicine Holdings Company, Ltd.	80,000		40,427
China Youzan, Ltd. (A)	464,000		58,010
Chow Tai Fook Jewellery Group, Ltd.	66,000		125,518
CK Asset Holdings, Ltd.	66,546		383,955
CK Hutchison Holdings, Ltd.	90,163		601,489
CK Infrastructure Holdings, Ltd.	24,772		138,169
CLP Holdings, Ltd.	54,900		528,601
COSCO SHIPPING Ports, Ltd.	61,511		53,126
ESR Cayman, Ltd. (A)(C)	66,000		199,195
Far East Horizon, Ltd.	66,000		66,897
Futu Holdings, Ltd., ADR (A)	1,700		154,734
Galaxy Entertainment Group, Ltd. (A)	72,000		369,434
Geely Automobile Holdings, Ltd.	196,000		562,639
Guangdong Investment, Ltd.	99,220		129,475
Hang Lung Properties, Ltd.	74,326		169,393
Hang Seng Bank, Ltd.	27,319		467,942
Henderson Land Development Company, Ltd.	55,324		211,250
HK Electric Investments & HK Electric Investments, Ltd.	88,500		87,814
HKT Trust & HKT, Ltd.	145,233		198,579
Hong Kong & China Gas Company, Ltd.	374,091		565,212
Hong Kong Exchanges & Clearing, Ltd.	40,214		2,471,171
Hongkong Land Holdings, Ltd.	44,100		210,651
Hopson Development Holdings, Ltd.	22,000		78,332
Huabao International Holdings, Ltd.	42,000		82,042
Hutchmed China, Ltd., ADR (A)	1,900		69,559
Jardine Matheson Holdings, Ltd. (B)	7,400		391,151
Kingboard Holdings, Ltd.	22,500		101,825
Kingboard Laminates Holdings, Ltd.	36,500		59,662
Kunlun Energy Company, Ltd.	118,000		122,865
Lee & Man Paper Manufacturing, Ltd.	56,000		40,932
Link REIT	69,137		592,044
Melco Resorts & Entertainment, Ltd., ADR (A)	7,185		73,574
MTR Corp., Ltd.	51,605		277,734
New World Development Company, Ltd.	57,618		234,347
Nine Dragons Paper Holdings, Ltd.	55,000		67,135
Power Assets Holdings, Ltd.	46,582		273,068
Shenzhen International Holdings, Ltd.	38,049		49,051
Shenzhen Investment, Ltd.	124,008		31,085
Shimao Group Holdings, Ltd.	41,500		76,062
Sino Biopharmaceutical, Ltd.	346,500		287,507
Sino Land Company, Ltd.	128,364		172,688
SITC International Holdings Company, Ltd.	45,000		160,127

International Equity Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Hong Kong (continued)
SJM Holdings, Ltd. (A)	83,000	$	56,413
SSY Group, Ltd.	54,000		29,083
Sun Art Retail Group, Ltd. (B)	86,000		39,766
Sun Hung Kai Properties, Ltd.	45,630		569,752
Swire Pacific, Ltd., Class A	18,163		107,471
Swire Properties, Ltd.	43,628		108,992
Techtronic Industries Company, Ltd.	47,500		938,674
The Wharf Holdings, Ltd.	51,876		171,600
Vinda International Holdings, Ltd.	12,000		35,399
WH Group, Ltd. (C)	245,843		175,052
Wharf Real Estate Investment Company, Ltd.	56,876		292,223
Xinyi Glass Holdings, Ltd.	62,000		184,949
Yuexiu Property Company, Ltd.	48,800		45,724
			22,465,284
Hungary - 0.1%
MOL Hungarian Oil & Gas PLC	12,392		102,951
OTP Bank NYRT (A)	7,225		422,757
Richter Gedeon NYRT	4,794		130,987
			656,695
India - 3.4%
ACC, Ltd.	2,508		75,776
Adani Enterprises, Ltd.	9,077		178,474
Adani Green Energy, Ltd. (A)	13,172		202,903
Adani Ports & Special Economic Zone, Ltd.	28,084		277,895
Adani Total Gas, Ltd.	9,077		172,010
Adani Transmission, Ltd. (A)	9,077		188,973
Ambuja Cements, Ltd.	22,913		123,230
Apollo Hospitals Enterprise, Ltd.	3,055		183,706
Asian Paints, Ltd.	12,960		565,521
Aurobindo Pharma, Ltd.	9,153		89,002
Avenue Supermarts, Ltd. (A)(C)	5,887		335,319
Axis Bank, Ltd. (A)	80,176		822,330
Bajaj Auto, Ltd.	2,923		150,732
Bajaj Finance, Ltd.	9,135		940,700
Bajaj Finserv, Ltd.	1,261		301,686
Balkrishna Industries, Ltd.	2,904		98,847
Bandhan Bank, Ltd. (C)	27,747		104,979
Berger Paints India, Ltd.	8,085		87,896
Bharat Forge, Ltd.	9,316		92,021
Bharat Petroleum Corp., Ltd.	27,177		157,317
Bharti Airtel, Ltd. (A)	81,745		755,873
Biocon, Ltd. (A)	14,021		68,347
Britannia Industries, Ltd.	3,618		192,163
Cholamandalam Investment and Finance Company, Ltd.	13,536		102,140
Cipla, Ltd.	18,101		238,819
Coal India, Ltd.	63,427		157,277
Colgate-Palmolive India, Ltd.	4,075		91,724
Container Corp. of India, Ltd.	9,153		86,436
Dabur India, Ltd.	17,709		147,101
Divi's Laboratories, Ltd.	4,431		286,166
DLF, Ltd.	20,605		114,861
Dr. Reddy's Laboratories, Ltd., ADR	3,359		218,805
Eicher Motors, Ltd.	4,250		158,903
GAIL India, Ltd., GDR	9,954		129,237
Godrej Consumer Products, Ltd. (A)	11,997		166,607
Grasim Industries, Ltd.	10,574		236,948
Havells India, Ltd.	11,177		206,001
HCL Technologies, Ltd.	37,954		651,195
Hero MotoCorp, Ltd.	4,200		160,221
Hindalco Industries, Ltd.	56,656		370,885
Hindustan Petroleum Corp., Ltd.	20,412		82,312
Hindustan Unilever, Ltd.	27,452		995,334

 

95

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

International Equity Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
India (continued)
Housing Development Finance Corp., Ltd.	57,256	$	2,108,302
ICICI Bank, Ltd.	82,343		774,913
ICICI Bank, Ltd., ADR	47,107		888,909
ICICI Lombard General Insurance Company, Ltd. (C)	8,559		182,114
Indian Oil Corp., Ltd.	38,494		64,546
Indraprastha Gas, Ltd.	10,515		75,324
Indus Towers, Ltd.	15,904		65,328
Info Edge India, Ltd.	2,389		206,320
Infosys, Ltd., ADR	133,708		2,975,003
InterGlobe Aviation, Ltd. (A)(C)	4,138		112,514
Ipca Laboratories, Ltd.	2,329		75,801
ITC, Ltd.	113,026		357,823
JSW Steel, Ltd.	33,031		294,977
Jubilant Foodworks, Ltd.	2,527		137,527
Kotak Mahindra Bank, Ltd.	18,671		501,217
Larsen & Toubro, Ltd.	23,240		531,901
Lupin, Ltd.	7,740		98,354
Mahindra & Mahindra, Ltd., GDR	23,120		248,272
Marico, Ltd.	14,917		109,969
Maruti Suzuki India, Ltd.	4,592		451,815
Motherson Sumi Systems, Ltd.	37,306		113,059
MRF, Ltd.	64		68,266
Muthoot Finance, Ltd.	4,018		78,097
Nestle India, Ltd.	1,140		297,497
NTPC, Ltd.	146,266		278,479
Oil & Natural Gas Corp., Ltd.	90,136		173,837
Page Industries, Ltd.	194		82,684
Petronet LNG, Ltd.	21,320		68,390
PI Industries, Ltd.	2,778		118,243
Pidilite Industries, Ltd.	4,359		139,997
Piramal Enterprises, Ltd.	3,012		104,791
Power Grid Corp. of India, Ltd.	115,586		294,175
REC, Ltd.	22,831		48,273
Reliance Capital, Ltd., GDR (A)(C)	4,327		1,262
Reliance Industries, Ltd.	7,646		257,930
Reliance Industries, Ltd., GDR (C)	44,280		3,007,380
Shree Cement, Ltd.	276		106,761
Shriram Transport Finance Company, Ltd.	5,520		96,047
Siemens, Ltd.	2,378		68,072
State Bank of India, GDR	5,224		320,035
Sun Pharmaceutical Industries, Ltd.	29,344		322,741
Tata Consultancy Services, Ltd.	31,310		1,588,060
Tata Consumer Products, Ltd.	22,130		241,641
Tata Motors, Ltd., ADR (A)(B)	8,581		192,300
Tata Steel, Ltd., GDR	23,969		413,971
Tech Mahindra, Ltd.	22,395		415,042
Titan Company, Ltd.	10,263		298,015
Torrent Pharmaceuticals, Ltd.	1,767		72,942
Trent, Ltd.	6,052		83,727
UltraTech Cement, Ltd.	2,054		203,725
UltraTech Cement, Ltd., GDR	1,026		102,232
United Spirits, Ltd. (A)	10,125		115,966
UPL, Ltd.	15,099		143,626
Vedanta, Ltd., ADR	13,934		212,912
Wipro, Ltd., ADR	43,037		380,017
Yes Bank, Ltd. (A)	334,558		56,208
			31,594,001
Indonesia - 0.4%
Adaro Energy Tbk PT	315,000		38,507
Astra International Tbk PT	679,000		259,248
Bank Central Asia Tbk PT	360,900		879,051
Bank Mandiri Persero Tbk PT	715,674		305,870

International Equity Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Indonesia (continued)
Bank Negara Indonesia Persero Tbk PT	276,500	$	102,937
Bank Rakyat Indonesia Persero Tbk PT	2,374,148		632,822
Barito Pacific Tbk PT	1,273,500		85,309
Charoen Pokphand Indonesia Tbk PT	276,000		123,206
Gudang Garam Tbk PT	26,000		58,937
Indah Kiat Pulp & Paper Tbk PT	97,300		57,850
Indocement Tunggal Prakarsa Tbk PT	53,500		38,953
Indofood CBP Sukses Makmur Tbk PT	114,400		66,625
Indofood Sukses Makmur Tbk PT	147,500		65,256
Kalbe Farma Tbk PT	855,000		85,200
Merdeka Copper Gold Tbk PT (A)	486,300		85,111
Sarana Menara Nusantara Tbk PT	1,016,100		93,649
Semen Indonesia Persero Tbk PT	111,000		63,086
Telkom Indonesia Persero Tbk PT	1,600,100		409,731
Telkom Indonesia Persero Tbk PT, ADR	358		9,093
Tower Bersama Infrastructure Tbk PT	379,100		78,116
Unilever Indonesia Tbk PT	332,500		91,700
United Tractors Tbk PT	55,279		99,470
			3,729,727
Ireland - 0.7%
CRH PLC	27,337		1,290,162
DCC PLC	3,819		318,375
Experian PLC	31,530		1,320,796
Flutter Entertainment PLC (A)	505		100,157
Flutter Entertainment PLC (London Stock Exchange) (A)	5,220		1,026,756
James Hardie Industries PLC, CHESS Depositary Interest	15,679		556,154
Kerry Group PLC, Class A (London Stock Exchange)	5,738		768,163
Kingspan Group PLC	5,492		543,751
Smurfit Kappa Group PLC	8,017		416,380
			6,340,694
Israel - 0.4%
Azrieli Group, Ltd.	1,424		128,187
Bank Hapoalim BM	40,928		359,496
Bank Leumi Le-Israel BM	54,437		461,247
Check Point Software Technologies, Ltd. (A)	4,016		453,969
CyberArk Software, Ltd. (A)	1,300		205,166
Elbit Systems, Ltd.	787		113,956
ICL Group, Ltd.	27,153		197,874
Isracard, Ltd.	1		2
Israel Discount Bank, Ltd., Class A (A)	41,515		219,151
Mizrahi Tefahot Bank, Ltd.	5,543		186,688
Nice, Ltd. (A)	2,200		622,957
Teva Pharmaceutical Industries, Ltd. (A)	33,126		324,925
Teva Pharmaceutical Industries, Ltd., ADR (A)	5,800		56,492
Wix.com, Ltd. (A)	1,900		372,343
			3,702,453
Italy - 1.3%
Amplifon SpA	4,199		199,559
Assicurazioni Generali SpA	37,206		787,990
Atlantia SpA (A)	19,839		374,394
Davide Campari-Milano NV	19,587		275,142
DiaSorin SpA	876		183,444
Enel SpA	277,869		2,132,698
Eni SpA	89,209		1,189,616
Ferrari NV	4,317		900,955
FinecoBank Banca Fineco SpA (A)	20,557		371,297
Infrastrutture Wireless Italiane SpA (C)	8,355		93,058
Intesa Sanpaolo SpA	577,542		1,635,008

 

96

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

International Equity Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Italy (continued)
Mediobanca Banca di Credito Finanziario SpA (A)	22,013	$	264,838
Moncler SpA	6,366		388,265
Nexi SpA (A)(C)	14,507		270,521
Poste Italiane SpA (C)	21,903		300,769
Prysmian SpA	8,366		292,211
Recordati Industria Chimica e Farmaceutica SpA	4,564		264,527
Snam SpA	68,229		377,434
Telecom Italia SpA	387,741		151,611
Telecom Italia SpA, Savings Shares	233,394		94,183
Terna - Rete Elettrica Nazionale	47,449		336,735
UniCredit SpA	71,677		948,548
			11,832,803
Japan - 15.2%
ABC-Mart, Inc.	1,400		78,642
Acom Company, Ltd.	18,200		66,506
Advantest Corp.	6,700		597,034
Aeon Company, Ltd.	22,700		596,783
AGC, Inc.	6,500		334,960
Aisin Corp.	6,200		224,668
Ajinomoto Company, Inc.	16,300		481,662
ANA Holdings, Inc. (A)	4,100		106,590
Asahi Group Holdings, Ltd.	15,100		728,656
Asahi Intecc Company, Ltd.	7,000		191,720
Asahi Kasei Corp.	43,300		464,006
Astellas Pharma, Inc.	62,400		1,027,045
Azbil Corp.	4,200		180,833
Bandai Namco Holdings, Inc.	6,899		518,651
Bridgestone Corp.	18,700		884,720
Brother Industries, Ltd.	8,700		191,446
Canon, Inc.	33,800		827,021
Capcom Company, Ltd.	6,000		166,717
Casio Computer Company, Ltd.	6,700		110,926
Central Japan Railway Company	4,800		766,195
Chubu Electric Power Company, Inc.	22,000		260,012
Chugai Pharmaceutical Company, Ltd.	22,500		823,363
Concordia Financial Group, Ltd.	39,100		153,918
Cosmos Pharmaceutical Corp.	800		135,866
CyberAgent, Inc.	14,400		277,812
Dai Nippon Printing Company, Ltd.	8,400		202,379
Daifuku Company, Ltd.	3,500		328,250
Dai-ichi Life Holdings, Inc.	37,400		817,978
Daiichi Sankyo Company, Ltd.	57,500		1,528,417
Daikin Industries, Ltd.	8,400		1,831,523
Daito Trust Construction Company, Ltd.	2,300		269,808
Daiwa House Industry Company, Ltd.	19,700		656,700
Daiwa House REIT Investment Corp. (B)	78		229,059
Daiwa Securities Group, Inc.	54,400		317,084
Denso Corp.	15,000		979,460
Dentsu Group, Inc.	7,500		288,561
Disco Corp.	1,000		280,088
East Japan Railway Company	10,400		735,001
Eisai Company, Ltd.	8,800		659,186
ENEOS Holdings, Inc.	109,211		443,654
FANUC Corp.	6,500		1,425,202
Fast Retailing Company, Ltd.	2,000		1,475,032
Fuji Electric Company, Ltd.	4,600		209,327
FUJIFILM Holdings Corp.	12,500		1,079,372
Fujitsu, Ltd.	6,800		1,228,832
GLP J-REIT	127		208,541
GMO Payment Gateway, Inc.	1,500		189,392
Hakuhodo DY Holdings, Inc.	9,300		160,043
Hamamatsu Photonics KK	4,800		296,922
Hankyu Hanshin Holdings, Inc.	8,400		264,377

International Equity Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Japan (continued)
Harmonic Drive Systems, Inc.	1,300	$	62,345
Hikari Tsushin, Inc.	800		135,215
Hino Motors, Ltd.	10,000		92,859
Hirose Electric Company, Ltd.	1,223		203,246
Hisamitsu Pharmaceutical Company, Inc.	2,000		75,644
Hitachi Construction Machinery Company, Ltd.	4,100		115,188
Hitachi Metals, Ltd. (A)	7,400		142,904
Hitachi, Ltd.	32,700		1,934,555
Honda Motor Company, Ltd.	55,100		1,693,984
Hoshizaki Corp.	1,900		172,813
Hoya Corp.	12,700		1,981,439
Hulic Company, Ltd.	10,700		119,161
Ibiden Company, Ltd.	3,600		198,019
Idemitsu Kosan Company, Ltd.	7,206		189,566
Iida Group Holdings Company, Ltd.	5,000		128,609
Inpex Corp.	36,700		285,759
Isuzu Motors, Ltd.	19,000		247,194
Ito En, Ltd.	1,900		126,036
ITOCHU Corp.	39,200		1,141,739
Itochu Techno-Solutions Corp.	3,400		110,414
Japan Airlines Company, Ltd. (A)	4,000		95,227
Japan Exchange Group, Inc.	18,100		448,880
Japan Metropolitan Fund Invest	259		248,693
Japan Post Bank Company, Ltd.	14,000		120,085
Japan Post Holdings Company, Ltd. (A)	54,300		456,428
Japan Post Insurance Company, Ltd.	8,300		150,546
Japan Real Estate Investment Corp.	47		281,918
Japan Tobacco, Inc.	40,500		793,567
JFE Holdings, Inc.	18,300		274,432
JSR Corp.	6,500		233,649
Kajima Corp.	16,500		211,441
Kakaku.com, Inc.	5,000		161,465
Kansai Paint Company, Ltd.	5,900		146,360
Kao Corp.	16,300		970,072
KDDI Corp.	54,500		1,794,310
Keio Corp.	3,700		197,901
Keisei Electric Railway Company, Ltd.	4,800		159,001
Keyence Corp.	6,596		3,936,962
Kikkoman Corp.	5,200		423,138
Kintetsu Group Holdings Company, Ltd. (A)	6,200		208,501
Kirin Holdings Company, Ltd.	27,800		515,965
Kobayashi Pharmaceutical Company, Ltd.	1,800		142,709
Kobe Bussan Company, Ltd.	4,200		137,230
Koei Tecmo Holdings Company, Ltd.	1,950		92,561
Koito Manufacturing Company, Ltd.	3,500		210,466
Komatsu, Ltd.	29,300		701,689
Konami Holdings Corp.	3,100		194,306
Kose Corp.	1,200		143,514
Kubota Corp.	35,000		744,892
Kurita Water Industries, Ltd.	3,500		168,414
Kyocera Corp.	10,800		675,122
Kyowa Kirin Company, Ltd.	9,473		341,504
Lasertec Corp.	2,600		591,910
Lawson, Inc.	1,900		93,332
Lion Corp.	8,000		129,394
Lixil Corp.	9,000		260,851
M3, Inc.	14,900		1,061,898
Makita Corp.	7,800		428,865
Marubeni Corp.	57,400		474,883
Mazda Motor Corp. (A)	20,300		175,675
McDonald's Holdings Company Japan, Ltd.	2,600		122,664

 

97

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

International Equity Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Japan (continued)
Medipal Holdings Corp.	6,090	$	114,614
MEIJI Holdings Company, Ltd.	4,100		265,075
Mercari, Inc. (A)	3,000		165,774
MINEBEA MITSUMI, Inc.	12,500		318,348
MISUMI Group, Inc.	9,800		416,981
Mitsubishi Chemical Holdings Corp.	46,900		426,965
Mitsubishi Corp.	44,800		1,406,829
Mitsubishi Electric Corp.	63,000		875,548
Mitsubishi Estate Company, Ltd.	41,300		657,612
Mitsubishi Gas Chemical Company, Inc.	5,814		114,650
Mitsubishi HC Capital, Inc.	17,600		92,028
Mitsubishi Heavy Industries, Ltd.	11,700		313,490
Mitsubishi UFJ Financial Group, Inc. (B)	412,200		2,436,652
Mitsui & Company, Ltd.	54,700		1,196,124
Mitsui Chemicals, Inc.	6,800		227,181
Mitsui Fudosan Company, Ltd.	31,400		745,904
Miura Company, Ltd.	3,100		123,921
Mizuho Financial Group, Inc.	83,210		1,177,185
MonotaRO Company, Ltd.	9,000		201,691
MS&AD Insurance Group Holdings, Inc.	15,500		518,424
Murata Manufacturing Company, Ltd.	19,400		1,715,978
Nabtesco Corp.	3,900		147,458
NEC Corp.	8,800		476,881
Nexon Company, Ltd.	16,800		269,649
NGK Insulators, Ltd.	9,000		152,560
NH Foods, Ltd.	3,119		117,787
Nidec Corp.	15,100		1,664,624
Nihon M&A Center, Inc.	10,400		305,389
Nintendo Company, Ltd.	3,800		1,815,955
Nippon Building Fund, Inc.	48		311,845
Nippon Express Company, Ltd.	2,500		172,176
Nippon Paint Holdings Company, Ltd.	24,500		266,809
Nippon Prologis REIT, Inc.	66		220,575
Nippon Sanso Holdings Corp.	4,600		115,281
Nippon Shinyaku Company, Ltd.	1,700		141,309
Nippon Steel Corp.	27,900		501,809
Nippon Telegraph & Telephone Corp.	43,200		1,197,036
Nippon Yusen KK	5,500		412,106
Nissan Chemical Corp.	4,600		269,037
Nissan Motor Company, Ltd. (A)	77,800		388,803
Nisshin Seifun Group, Inc.	7,400		122,623
Nissin Foods Holdings Company, Ltd.	2,200		176,538
Nitori Holdings Company, Ltd.	2,800		551,801
Nitto Denko Corp.	5,400		384,408
Nomura Holdings, Inc.	109,800		541,304
Nomura Real Estate Holdings, Inc.	4,500		116,993
Nomura Real Estate Master Fund, Inc.	151		217,330
Nomura Research Institute, Ltd.	11,146		409,690
NSK, Ltd.	13,215		89,549
NTT Data Corp.	22,500		435,020
Obayashi Corp. (B)	22,500		185,462
Obic Company, Ltd.	2,200		418,348
Odakyu Electric Railway Company, Ltd.	10,900		252,281
Oji Holdings Corp.	30,000		151,162
Olympus Corp.	39,100		855,820
Omron Corp.	6,200		613,506
Ono Pharmaceutical Company, Ltd.	12,500		285,047
Oracle Corp. Japan	1,500		131,769
Oriental Land Company, Ltd.	6,900		1,116,253
ORIX Corp.	45,600		853,246
Orix JREIT, Inc.	97		168,816
Osaka Gas Company, Ltd.	13,800		252,168
Otsuka Corp.	3,800		195,407
Otsuka Holdings Company, Ltd.	13,600		581,573
Pan Pacific International Holdings Corp.	15,000		309,500

International Equity Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Japan (continued)
Panasonic Corp.	74,000	$	917,260
PeptiDream, Inc. (A)	3,300		107,726
Persol Holdings Company, Ltd.	6,200		154,560
Pigeon Corp.	4,100		95,316
Pola Orbis Holdings, Inc.	3,200		73,657
Rakuten Group, Inc.	29,700		289,301
Recruit Holdings Company, Ltd.	46,000		2,811,789
Renesas Electronics Corp. (A)	41,700		513,217
Resona Holdings, Inc.	78,000		312,001
Ricoh Company, Ltd.	24,000		245,574
Rinnai Corp.	1,200		131,749
Rohm Company, Ltd.	3,000		282,908
Ryohin Keikaku Company, Ltd.	9,000		200,188
Santen Pharmaceutical Company, Ltd.	12,500		175,801
SBI Holdings, Inc.	8,213		201,156
SCSK Corp.	5,400		114,214
Secom Company, Ltd.	7,300		527,995
Seiko Epson Corp. (B)	9,600		193,824
Sekisui Chemical Company, Ltd.	13,400		230,241
Sekisui House, Ltd.	21,400		448,137
Seven & i Holdings Company, Ltd.	26,000		1,183,636
SG Holdings Company, Ltd.	10,200		288,569
Sharp Corp.	7,400		93,284
Shimadzu Corp.	8,000		351,329
Shimano, Inc.	2,600		759,687
Shimizu Corp. (B)	21,600		161,684
Shin-Etsu Chemical Company, Ltd.	11,900		2,008,350
Shionogi & Company, Ltd.	9,200		629,550
Shiseido Company, Ltd.	13,500		907,328
SMC Corp.	1,900		1,185,430
SoftBank Corp.	97,600		1,323,924
SoftBank Group Corp.	41,400		2,392,311
Sohgo Security Services Company, Ltd.	2,900		130,375
Sompo Holdings, Inc.	11,600		503,266
Sony Group Corp.	42,500		4,718,297
Square Enix Holdings Company, Ltd.	3,400		181,716
Stanley Electric Company, Ltd.	5,300		133,869
Subaru Corp.	21,200		391,770
SUMCO Corp.	8,200		163,595
Sumitomo Chemical Company, Ltd.	56,000		290,654
Sumitomo Corp.	41,300		581,790
Sumitomo Dainippon Pharma Company, Ltd.	5,300		94,732
Sumitomo Electric Industries, Ltd.	26,200		348,399
Sumitomo Metal Mining Company, Ltd.	7,800		282,053
Sumitomo Mitsui Financial Group, Inc.	44,100		1,551,410
Sumitomo Mitsui Trust Holdings, Inc.	11,000		378,840
Sumitomo Realty & Development Company, Ltd.	10,700		391,097
Suntory Beverage & Food, Ltd.	5,000		207,277
Suzuki Motor Corp.	12,800		571,892
Sysmex Corp.	5,800		720,410
T&D Holdings, Inc.	19,900		272,986
Taisei Corp. (B)	6,600		211,476
Taisho Pharmaceutical Holdings Company, Ltd.	1,200		69,946
Takeda Pharmaceutical Company, Ltd.	52,876		1,743,997
TDK Corp.	13,500		486,847
Terumo Corp.	22,300		1,052,970
The Chiba Bank, Ltd.	21,600		139,972
The Kansai Electric Power Company, Inc.	24,300		235,471
The Shizuoka Bank, Ltd. (B)	17,000		139,675
THK Company, Ltd.	4,200		92,164
TIS, Inc.	7,800		212,894

 

98

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

International Equity Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Japan (continued)
Tobu Railway Company, Ltd.	6,800	$	183,095
Toho Company, Ltd.	4,067		191,602
Toho Gas Company, Ltd.	2,800		121,783
Tohoku Electric Power Company, Inc.	16,600		122,030
Tokio Marine Holdings, Inc.	21,200		1,136,426
Tokyo Century Corp.	1,500		84,449
Tokyo Electric Power Company Holdings, Inc. (A)	50,400		143,503
Tokyo Electron, Ltd.	5,000		2,208,894
Tokyo Gas Company, Ltd.	13,900		258,641
Tokyu Corp.	17,900		265,698
TOPPAN, Inc.	10,300		174,640
Toray Industries, Inc.	50,800		322,793
Toshiba Corp.	13,400		564,020
Tosoh Corp.	9,300		168,532
TOTO, Ltd.	4,800		228,560
Toyo Suisan Kaisha, Ltd.	3,100		137,267
Toyota Industries Corp.	5,200		427,855
Toyota Motor Corp.	357,400		6,367,934
Toyota Tsusho Corp.	7,900		331,748
Trend Micro, Inc.	4,600		256,165
Tsuruha Holdings, Inc.	1,300		160,319
Unicharm Corp.	14,000		620,368
United Urban Investment Corp.	114		154,079
USS Company, Ltd.	7,770		132,264
Welcia Holdings Company, Ltd.	3,400		122,545
West Japan Railway Company (B)	6,000		301,602
Yakult Honsha Company, Ltd.	4,243		214,785
Yamada Holdings Company, Ltd.	22,400		94,071
Yamaha Corp.	4,700		295,640
Yamaha Motor Company, Ltd.	10,100		281,182
Yamato Holdings Company, Ltd.	11,000		278,414
Yaskawa Electric Corp.	8,300		398,554
Yokogawa Electric Corp.	7,886		137,544
Z Holdings Corp.	88,900		568,965
ZOZO, Inc.	4,800		179,832
			139,298,061
Jordan - 0.0%
Hikma Pharmaceuticals PLC	5,739		188,790
Luxembourg - 0.2%
ArcelorMittal SA	24,275		743,119
Aroundtown SA	37,519		258,464
Eurofins Scientific SE	4,300		550,941
Reinet Investments SCA	5,229		98,479
Tenaris SA	16,418		172,702
			1,823,705
Macau - 0.0%
Sands China, Ltd. (A)	81,200		166,176
Wynn Macau, Ltd. (A)	61,415		51,681
			217,857
Malaysia - 0.4%
AMMB Holdings BHD (A)	59,087		44,833
Axiata Group BHD	101,690		94,576
CIMB Group Holdings BHD	190,691		216,852
Dialog Group BHD	166,000		94,532
DiGi.Com BHD	110,800		117,328
Genting BHD	72,900		87,609
Genting Malaysia BHD	105,700		75,511
HAP Seng Consolidated BHD	30,200		57,067
Hartalega Holdings BHD	60,200		88,237
Hong Leong Bank BHD	23,269		104,900
Hong Leong Financial Group BHD	6,104		26,601
IHH Healthcare BHD	108,100		172,869
IOI Corp. BHD	114,466		103,060

International Equity Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Malaysia (continued)
Kuala Lumpur Kepong BHD	17,415	$	83,813
Malayan Banking BHD	127,999		245,747
Malaysia Airports Holdings BHD (A)	34,427		56,617
Maxis BHD	67,200		75,106
MISC BHD	26,280		43,184
Nestle Malaysia BHD	2,800		88,821
Petronas Chemicals Group BHD	99,800		206,907
Petronas Dagangan BHD	12,200		55,568
Petronas Gas BHD	21,200		85,179
PPB Group BHD	21,240		93,111
Press Metal Aluminium Holdings BHD	120,800		165,253
Public Bank BHD	486,890		472,672
QL Resources BHD	54,400		69,920
RHB Bank BHD	29,651		38,554
Sime Darby BHD	108,224		58,596
Sime Darby Plantation BHD	108,786		92,792
Supermax Corp. BHD	53,155		30,377
Telekom Malaysia BHD	42,705		58,106
Tenaga Nasional BHD	101,250		233,656
Top Glove Corp. BHD	164,400		113,433
			3,651,387
Mexico - 0.5%
America Movil SAB de CV, Series L	1,136,332		1,005,779
Arca Continental SAB de CV	16,000		97,419
Cemex SAB de CV, Series CPO (A)	521,849		376,948
Coca-Cola Femsa SAB de CV	15,212		85,871
Fibra Uno Administracion SA de CV	90,200		102,647
Fomento Economico Mexicano SAB de CV	65,020		564,064
Gruma SAB de CV, Class B	7,685		87,842
Grupo Aeroportuario del Pacifico SAB de CV, B Shares (A)	9,700		112,783
Grupo Aeroportuario del Sureste SAB de CV, B Shares	5,780		107,821
Grupo Bimbo SAB de CV, Series A	53,084		149,185
Grupo Carso SAB de CV, Series A1	9,477		32,804
Grupo Financiero Banorte SAB de CV, Series O	86,662		555,411
Grupo Financiero Inbursa SAB de CV, Series O (A)	77,038		72,554
Grupo Mexico SAB de CV, Series B	104,066		413,814
Grupo Televisa SAB, Series CPO	80,326		176,751
Industrias Penoles SAB de CV (A)	4,883		57,667
Kimberly-Clark de Mexico SAB de CV, Class A	43,778		71,898
Orbia Advance Corp. SAB de CV	37,631		96,605
Promotora y Operadora de Infraestructura SAB de CV	5,800		40,086
Wal-Mart de Mexico SAB de CV	174,988		593,000
			4,800,949
Netherlands - 3.9%
ABN AMRO Bank NV (A)(C)	15,368		221,719
Adyen NV (A)(C)	655		1,830,957
Aegon NV (B)	77,899		402,102
Akzo Nobel NV	6,657		727,372
Argenx SE (A)	1,553		469,288
ASM International NV	1,660		650,084
ASML Holding NV	14,151		10,571,587
EXOR NV	3,992		334,997
Heineken Holding NV	4,217		367,198
Heineken NV	9,090		948,764
ING Groep NV	132,675		1,928,890
JDE Peet's NV	3,077		91,925
Just Eat Takeaway.com NV (A)(C)	5,955		435,095
Koninklijke Ahold Delhaize NV	37,735		1,256,501

 

99

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

International Equity Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Netherlands (continued)
Koninklijke DSM NV	6,229	$	1,245,647
Koninklijke KPN NV	126,323		397,507
Koninklijke Philips NV	31,501		1,399,488
Koninklijke Vopak NV	2,830		111,509
NN Group NV (B)	11,019		577,198
Prosus NV (A)	31,112		2,490,229
QIAGEN NV (A)	8,350		431,918
Randstad NV (B)	4,395		295,901
Royal Dutch Shell PLC, A Shares	138,310		3,075,901
Royal Dutch Shell PLC, B Shares	124,526		2,759,075
Stellantis NV	71,584		1,363,255
Universal Music Group NV (A)(B)	23,492		629,002
Wolters Kluwer NV	9,296		985,340
			35,998,449
New Zealand - 0.2%
a2 Milk Company, Ltd. (A)(B)	26,028		115,251
Auckland International Airport, Ltd. (A)	36,599		196,733
Fisher & Paykel Healthcare Corp., Ltd.	19,921		438,176
Mercury NZ, Ltd.	22,971		102,736
Meridian Energy, Ltd.	43,320		146,499
Ryman Healthcare, Ltd.	12,940		134,649
Spark New Zealand, Ltd.	67,539		222,195
Xero, Ltd. (A)	4,384		430,196
			1,786,435
Norway - 0.4%
Adevinta ASA (A)	8,335		142,832
DNB Bank ASA (A)	35,015		796,055
Equinor ASA	35,722		908,440
Gjensidige Forsikring ASA	6,934		153,575
Mowi ASA	14,928		378,762
Norsk Hydro ASA	48,185		359,653
Orkla ASA	29,206		268,058
Schibsted ASA, B Shares	3,512		148,664
Schibsted ASA, Class A	2,550		121,043
Telenor ASA	26,898		452,747
Yara International ASA	6,981		345,813
			4,075,642
Peru - 0.1%
Cia de Minas Buenaventura SAA, ADR (A)	8,064		54,513
Credicorp, Ltd.	2,434		270,028
Southern Copper Corp.	2,874		161,346
			485,887
Philippines - 0.2%
Aboitiz Equity Ventures, Inc.	85,070		80,806
Ayala Corp.	8,920		142,509
Ayala Land, Inc.	253,800		166,500
Bank of the Philippine Islands	34,118		54,474
BDO Unibank, Inc.	77,140		167,075
Globe Telecom, Inc.	970		56,700
GT Capital Holdings, Inc.	3,464		34,504
International Container Terminal Services, Inc.	33,760		128,943
JG Summit Holdings, Inc.	89,355		113,679
Jollibee Foods Corp.	18,900		75,876
Manila Electric Company	8,090		47,128
Metro Pacific Investments Corp.	509,100		36,297
Metropolitan Bank & Trust Company	65,642		56,130
PLDT, Inc.	3,730		122,809
SM Investments Corp.	8,302		160,745
SM Prime Holdings, Inc.	311,044		198,907
Universal Robina Corp.	30,280		80,512
			1,723,594

International Equity Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Poland - 0.2%
Allegro.eu SA (A)(C)	13,472	$	195,622
Bank Polska Kasa Opieki SA	5,522		142,744
CD Projekt SA	2,349		113,260
Cyfrowy Polsat SA	6,360		56,942
Dino Polska SA (A)(C)	1,719		143,362
InPost SA (A)	6,603		109,566
KGHM Polska Miedz SA	5,681		223,782
LPP SA	42		156,422
Orange Polska SA (A)	26,179		52,787
PGE Polska Grupa Energetyczna SA (A)	26,654		59,569
Polski Koncern Naftowy ORLEN SA	11,432		235,530
Polskie Gornictwo Naftowe i Gazownictwo SA	62,946		102,200
Powszechna Kasa Oszczednosci Bank Polski SA (A)	32,873		348,044
Powszechny Zaklad Ubezpieczen SA	23,000		210,405
Santander Bank Polska SA (A)	1,219		91,820
			2,242,055
Portugal - 0.1%
EDP - Energias de Portugal SA	91,820		482,412
Galp Energia SGPS SA	18,673		212,087
Jeronimo Martins SGPS SA	7,332		146,181
			840,680
Romania - 0.0%
NEPI Rockcastle PLC	15,018		104,373
Russia - 1.0%
Gazprom PJSC, ADR	251,662		2,501,520
Gazprom PJSC, ADR (London Stock Exchange)	3,680		36,371
LUKOIL PJSC, ADR	23,756		2,248,743
MMC Norilsk Nickel PJSC, ADR	39,185		1,172,415
Mobile TeleSystems PJSC, ADR	20,264		195,345
Novatek PJSC, GDR	3,057		800,399
Rosneft Oil Company PJSC, GDR	30,000		251,260
Rosneft Oil Company PJSC, GDR (London Stock Exchange)	9,131		76,475
Sberbank of Russia PJSC, ADR	40,000		750,000
Sberbank of Russia PJSC, ADR (London Stock Exchange)	34,900		650,862
Severstal PAO, GDR	4,250		88,761
Surgutneftegas PJSC, ADR	22,274		121,171
Surgutneftegas PJSC, ADR (London Stock Exchange)	23,070		115,561
Tatneft PJSC, ADR	7,986		347,792
VTB Bank PJSC, GDR	50,760		69,627
			9,426,302
Saudi Arabia - 0.9%
Advanced Petrochemical Company	3,771		75,151
Al Rajhi Bank	43,550		1,418,888
Alinma Bank	34,699		221,465
Almarai Company JSC	8,852		136,704
Arab National Bank	21,244		129,890
Bank AlBilad (A)	13,065		141,970
Bank Al-Jazira	14,284		69,869
Banque Saudi Fransi	19,205		213,583
Bupa Arabia for Cooperative Insurance Company	981		38,985
Dar Al Arkan Real Estate Development Company (A)	18,814		51,470
Emaar Economic City (A)	13,598		48,126
Etihad Etisalat Company	13,413		111,455
Jarir Marketing Company	2,090		116,632
National Industrialization Company (A)	11,652		72,362

 

100

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

International Equity Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Saudi Arabia (continued)
Rabigh Refining & Petrochemical Company (A)	7,786	$	57,775
Riyad Bank	42,488		305,828
SABIC Agri-Nutrients Company	5,901		271,207
Sahara International Petrochemical Company	12,775		148,434
Saudi Arabian Mining Company (A)	15,250		339,317
Saudi Arabian Oil Company (C)	76,487		733,515
Saudi Basic Industries Corp.	26,663		901,023
Saudi Cement Company	2,665		44,580
Saudi Electricity Company	29,505		210,864
Saudi Industrial Investment Group	7,839		84,832
Saudi Kayan Petrochemical Company (A)	26,130		142,138
Saudi Telecom Company	20,888		705,580
The Company for Cooperative Insurance	2,178		50,142
The Saudi British Bank	25,464		224,800
The Saudi National Bank	68,407		1,120,262
The Savola Group	9,302		92,852
Yanbu National Petrochemical Company	7,999		151,210
			8,430,909
Singapore - 0.8%
Ascendas Real Estate Investment Trust	117,802		259,656
BOC Aviation, Ltd. (C)	7,400		61,746
CapitaLand Integrated Commercial Trust	164,562		245,042
CapitaLand Investment, Ltd. (A)	93,902		235,135
City Developments, Ltd.	16,600		84,014
DBS Group Holdings, Ltd.	61,754		1,368,383
Genting Singapore, Ltd.	226,200		119,264
JOYY, Inc., ADR (B)	2,000		109,660
Keppel Corp., Ltd.	55,069		210,294
Mapletree Commercial Trust	74,500		112,903
Mapletree Logistics Trust	94,359		141,060
Oversea-Chinese Banking Corp., Ltd.	113,002		951,560
Sea, Ltd., ADR (A)	2,300		733,079
Singapore Airlines, Ltd. (A)	57,850		213,038
Singapore Exchange, Ltd.	28,000		204,984
Singapore Technologies Engineering, Ltd.	54,000		150,738
Singapore Telecommunications, Ltd.	294,940		530,971
United Overseas Bank, Ltd.	40,908		773,880
UOL Group, Ltd.	20,239		101,773
Venture Corp., Ltd.	9,700		127,494
Wilmar International, Ltd.	72,000		222,437
			6,957,111
South Africa - 0.9%
Absa Group, Ltd.	25,092		253,911
African Rainbow Minerals, Ltd.	5,157		65,823
Anglo American Platinum, Ltd.	1,548		133,709
AngloGold Ashanti, Ltd.	14,430		231,181
Aspen Pharmacare Holdings, Ltd.	13,036		233,930
Bid Corp., Ltd. (A)	11,078		238,008
Capitec Bank Holdings, Ltd.	2,672		323,987
Clicks Group, Ltd.	8,355		154,056
Discovery, Ltd. (A)	13,271		121,261
Exxaro Resources, Ltd.	8,997		95,625
FirstRand, Ltd.	160,204		683,810
Gold Fields, Ltd.	29,492		241,747
Growthpoint Properties, Ltd.	109,582		104,108
Harmony Gold Mining Company, Ltd.	18,873		58,733
Impala Platinum Holdings, Ltd.	26,847		302,562
Kumba Iron Ore, Ltd.	2,164		71,098
Mr. Price Group, Ltd.	8,969		120,326
MTN Group, Ltd. (A)	59,164		555,707
MultiChoice Group	15,717		119,814

International Equity Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
South Africa (continued)
Naspers, Ltd., N Shares	7,259	$	1,199,766
Nedbank Group, Ltd.	13,031		151,043
Northam Platinum Holdings, Ltd. (A)	12,034		143,301
Old Mutual, Ltd. (B)	182,601		197,823
Rand Merchant Investment Holdings, Ltd.	25,734		63,640
Remgro, Ltd.	17,781		159,788
Sanlam, Ltd.	59,860		253,527
Sasol, Ltd. (A)	19,396		367,635
Shoprite Holdings, Ltd.	16,492		195,298
Sibanye Stillwater, Ltd.	101,051		306,911
Standard Bank Group, Ltd.	43,543		412,328
The Bidvest Group, Ltd.	9,718		125,995
The SPAR Group, Ltd.	5,706		74,061
Tiger Brands, Ltd.	5,421		67,116
Vodacom Group, Ltd.	19,298		184,872
Woolworths Holdings, Ltd.	33,746		131,501
			8,144,001
South Korea - 3.3%
Alteogen, Inc. (A)	591		35,848
Amorepacific Corp.	975		145,840
AMOREPACIFIC Group	770		31,630
BGF retail Company, Ltd.	90		12,857
Celltrion Healthcare Company, Ltd. (A)	3,112		284,652
Celltrion Pharm, Inc. (A)	553		67,701
Celltrion, Inc. (A)	3,111		675,770
Cheil Worldwide, Inc.	1,346		25,708
CJ CheilJedang Corp.	210		72,255
CJ Corp.	456		37,691
CJ ENM Company, Ltd.	178		22,555
CJ Logistics Corp. (A)	312		40,136
Coway Company, Ltd.	1,211		75,587
DB Insurance Company, Ltd.	1,122		60,031
Doosan Bobcat, Inc. (A)	1,103		36,775
Doosan Heavy Industries & Construction Company, Ltd. (A)	6,498		111,837
Douzone Bizon Company, Ltd.	955		76,719
Ecopro BM Company, Ltd.	437		169,670
E-MART, Inc.	496		68,282
Fila Holdings Corp.	1,052		37,510
Green Cross Corp.	274		76,009
GS Engineering & Construction Corp.	1,468		52,292
GS Holdings Corp.	1,749		65,291
Hana Financial Group, Inc.	9,428		366,484
Hankook Tire & Technology Company, Ltd.	1,937		70,196
Hanmi Pharm Company, Ltd.	145		33,484
Hanon Systems	4,656		60,981
Hanwha Solutions Corp. (A)	3,439		128,227
HLB, Inc. (A)	2,702		128,167
HMM Company, Ltd. (A)	8,540		240,881
Hotel Shilla Company, Ltd.	1,060		76,850
HYBE Company, Ltd. (A)	560		139,742
Hyundai Engineering & Construction Company, Ltd.	2,649		113,340
Hyundai Glovis Company, Ltd.	539		74,651
Hyundai Heavy Industries Holdings Company, Ltd.	1,555		84,204
Hyundai Mobis Company, Ltd.	2,223		469,093
Hyundai Motor Company	4,857		808,523
Hyundai Steel Company	2,875		112,896
Industrial Bank of Korea	5,941		52,345
Kakao Corp.	10,321		1,015,051
KakaoBank Corp. (A)	2,156		124,553
Kangwon Land, Inc. (A)	3,612		86,785

 

101

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

International Equity Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
South Korea (continued)
KB Financial Group, Inc.	12,769	$	593,855
KB Financial Group, Inc., ADR	430		19,956
Kia Corp.	8,435		569,671
Korea Aerospace Industries, Ltd.	1,710		47,118
Korea Electric Power Corp.	6,370		126,093
Korea Electric Power Corp., ADR (B)	4,277		42,214
Korea Investment Holdings Company, Ltd.	1,170		84,079
Korea Shipbuilding & Offshore Engineering Company, Ltd. (A)	1,127		95,777
Korea Zinc Company, Ltd.	225		94,924
Korean Air Lines Company, Ltd. (A)	6,728		189,446
KT&G Corp.	3,571		244,305
Kumho Petrochemical Company, Ltd.	614		96,446
LG Chem, Ltd.	1,500		972,855
LG Corp.	2,922		227,478
LG Display Company, Ltd. (A)(B)	5,471		86,331
LG Display Company, Ltd., ADR (A)(B)	2,417		19,215
LG Electronics, Inc.	3,460		367,805
LG Household & Health Care, Ltd.	295		332,590
LG Innotek Company, Ltd.	344		59,667
LG Uplus Corp.	9,062		113,916
Lotte Chemical Corp.	562		113,116
Lotte Shopping Company, Ltd.	366		31,306
Meritz Securities Company, Ltd.	3,655		15,147
Mirae Asset Securities Company, Ltd.	7,084		51,088
NAVER Corp.	4,029		1,307,277
NCSoft Corp.	550		278,605
Netmarble Corp. (C)	515		50,834
NH Investment & Securities Company, Ltd.	3,944		42,469
Orion Corp.	569		56,068
Pan Ocean Company, Ltd.	9,148		57,428
Pearl Abyss Corp. (A)	1,020		68,870
POSCO	2,396		659,759
POSCO Chemical Company, Ltd.	883		129,931
S-1 Corp.	252		17,798
Samsung Biologics Company, Ltd. (A)(C)	550		403,586
Samsung C&T Corp.	2,732		281,559
Samsung Electro-Mechanics Company, Ltd.	1,863		275,680
Samsung Electronics Company, Ltd.	161,164		9,991,298
Samsung Engineering Company, Ltd. (A)	3,731		79,406
Samsung Fire & Marine Insurance Company, Ltd.	895		176,848
Samsung Heavy Industries Company, Ltd. (A)	15,521		80,806
Samsung Life Insurance Company, Ltd.	2,349		144,105
Samsung SDI Company, Ltd.	1,792		1,069,323
Samsung SDS Company, Ltd.	1,018		136,588
Samsung Securities Company, Ltd.	1,475		58,920
Seegene, Inc.	947		48,022
Shin Poong Pharmaceutical Company, Ltd.	983		46,819
Shinhan Financial Group Company, Ltd.	14,320		483,724
Shinhan Financial Group Company, Ltd., ADR	350		11,785
Shinsegae, Inc.	197		43,398
SK Biopharmaceuticals Company, Ltd. (A)	528		45,079
SK Chemicals Company, Ltd.	257		60,938
SK Hynix, Inc.	17,972		1,538,517
SK IE Technology Company, Ltd. (A)(C)	601		113,953
SK Innovation Company, Ltd. (A)	1,818		400,252

International Equity Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
South Korea (continued)
SK Telecom Company, Ltd.	1,232	$	334,631
SK, Inc.	1,160		259,187
SKC Company, Ltd.	859		120,120
S-Oil Corp.	1,203		110,490
Woori Financial Group, Inc.	16,990		165,825
Yuhan Corp.	1,234		63,714
			30,277,109
Spain - 1.5%
ACS Actividades de Construccion y Servicios SA	11,166		302,471
Aena SME SA (A)(C)	2,276		392,618
Amadeus IT Group SA (A)	15,014		987,495
Banco Bilbao Vizcaya Argentaria SA (A)	228,360		1,507,310
Banco Santander SA (A)	580,136		2,101,458
Banco Santander SA (Mexican Stock Exchange) (A)	22,856		78,440
CaixaBank SA	144,982		449,591
Cellnex Telecom SA (A)(C)	17,500		1,079,453
EDP Renovaveis SA	9,513		236,146
Enagas SA	7,812		173,614
Endesa SA	12,378		249,633
Ferrovial SA	16,784		489,901
Grifols SA	10,824		264,047
Iberdrola SA	195,460		1,966,405
Industria de Diseno Textil SA	37,975		1,397,313
Naturgy Energy Group SA	12,174		306,430
Red Electrica Corp. SA	15,612		313,211
Repsol SA	53,970		704,498
Siemens Gamesa Renewable Energy SA (A)	9,848		250,306
Telefonica SA	189,186		887,767
			14,138,107
Sweden - 2.2%
Alfa Laval AB	11,168		416,550
Assa Abloy AB, B Shares	34,362		996,725
Atlas Copco AB, A Shares	22,872		1,381,141
Atlas Copco AB, B Shares	13,493		685,803
Boliden AB	9,749		312,167
Electrolux AB, Series B (B)	7,536		174,110
Embracer Group AB (A)	16,932		162,247
Epiroc AB, A Shares	23,037		477,601
Epiroc AB, B Shares	13,732		243,218
EQT AB	8,294		344,397
Essity AB, B Shares	21,531		667,762
Evolution AB (C)	5,501		833,068
Fastighets AB Balder, B Shares (A)	3,415		205,230
Hennes & Mauritz AB, B Shares (A)	28,520		577,291
Hexagon AB, B Shares	67,634		1,046,162
Husqvarna AB, B Shares	13,967		166,850
ICA Gruppen AB	3,982		182,692
Industrivarden AB, A Shares	3,603		115,104
Industrivarden AB, C Shares	6,375		196,960
Investment AB Latour, B Shares	5,154		159,489
Investor AB, B Shares	62,172		1,336,970
Kinnevik AB, B Shares (A)	8,775		308,479
L.E. Lundbergforetagen AB, B Shares	2,546		139,720
Lundin Energy AB (B)	6,210		230,523
Nibe Industrier AB, B Shares	49,615		623,500
Sandvik AB	38,708		884,335
Securitas AB, B Shares	10,739		169,973
Sinch AB (A)(C)	15,030		291,462
Skandinaviska Enskilda Banken AB, A Shares	57,777		814,271
Skanska AB, B Shares	11,367		285,171
SKF AB, B Shares	14,059		331,528

 

102

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

International Equity Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Sweden (continued)
Svenska Cellulosa AB SCA, B Shares	21,092	$	326,885
Svenska Handelsbanken AB, A Shares	55,216		618,386
Swedbank AB, A Shares	31,626		637,729
Swedish Match AB	57,080		499,598
Tele2 AB, B Shares (B)	17,728		262,494
Telefonaktiebolaget LM Ericsson, B Shares (B)	99,473		1,122,745
Telia Company AB	82,751		340,415
Volvo AB, A Shares	6,647		150,188
Volvo AB, B Shares	48,024		1,072,207
			19,791,146
Switzerland - 6.3%
ABB, Ltd.	57,261		1,915,485
Adecco Group AG	6,058		303,541
Alcon, Inc.	17,103		1,384,843
Baloise Holding AG	1,882		285,480
Banque Cantonale Vaudoise	1,016		77,249
Barry Callebaut AG	130		294,848
Chocoladefabriken Lindt & Spruengli AG	4		470,888
Chocoladefabriken Lindt & Spruengli AG, Participation Certificates	42		469,455
Cie Financiere Richemont SA, A Shares	17,877		1,853,525
Clariant AG (A)	8,258		155,005
Coca-Cola HBC AG (A)	8,067		259,953
Credit Suisse Group AG	84,422		833,774
EMS-Chemie Holding AG	321		303,288
Geberit AG	1,249		917,019
Givaudan SA	311		1,417,878
Glencore PLC (A)	331,742		1,560,550
Holcim, Ltd. (A)	10,906		525,506
Holcim, Ltd. (Euronext Paris Exchange) (A)	6,750		324,885
Julius Baer Group, Ltd.	8,601		571,448
Kuehne + Nagel International AG	2,065		704,994
Logitech International SA	5,725		509,337
Lonza Group AG	2,550		1,912,780
Nestle SA	97,189		11,710,309
Novartis AG	74,879		6,140,019
Partners Group Holding AG	749		1,168,919
Roche Holding AG	23,693		8,647,234
Roche Holding AG, Bearer Shares	1,064		436,691
Schindler Holding AG	806		207,646
Schindler Holding AG, Participation Certificates	1,582		424,719
SGS SA	203		590,900
Sika AG	4,781		1,511,624
Sonova Holding AG	1,846		697,619
STMicroelectronics NV	22,367		976,579
Straumann Holding AG	401		719,178
Swiss Life Holding AG	1,026		516,968
Swiss Prime Site AG	3,037		296,657
Swiss Re AG	9,637		822,520
Swisscom AG	989		569,151
Temenos AG	2,330		316,150
The Swatch Group AG	2,395		123,233
The Swatch Group AG, Bearer Shares	1,191		310,710
UBS Group AG	127,628		2,037,149
Vifor Pharma AG	1,821		236,033
Zurich Insurance Group AG	5,231		2,139,062
			57,650,801
Taiwan - 4.1%
Accton Technology Corp.	17,000		160,218
Acer, Inc.	58,018		51,124
Advantech Company, Ltd.	13,296		173,274

International Equity Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Taiwan (continued)
ASE Technology Holding Company, Ltd.	111,338	$	430,746
Asia Cement Corp.	87,863		142,974
ASMedia Technology, Inc.	1,000		59,068
Asustek Computer, Inc.	24,952		289,797
AU Optronics Corp.	311,827		195,494
Catcher Technology Company, Ltd.	22,184		132,610
Cathay Financial Holding Company, Ltd.	268,839		554,288
Chailease Holding Company, Ltd.	39,005		342,546
Chang Hwa Commercial Bank, Ltd.	114,855		67,628
Cheng Shin Rubber Industry Company, Ltd.	43,680		55,414
China Development Financial Holding Corp.	438,153		221,585
China Life Insurance Company, Ltd.	79,303		82,186
China Steel Corp.	363,388		470,233
Chunghwa Telecom Company, Ltd.	127,148		503,699
Compal Electronics, Inc.	169,764		143,119
CTBC Financial Holding Company, Ltd.	586,465		479,957
Delta Electronics, Inc.	64,866		581,211
E.Sun Financial Holding Company, Ltd.	341,795		321,634
Eclat Textile Company, Ltd.	6,259		135,658
Evergreen Marine Corp. Taiwan, Ltd.	86,566		384,574
Far Eastern New Century Corp.	64,875		69,083
Far EasTone Telecommunications Company, Ltd.	45,159		99,589
Feng TAY Enterprise Company, Ltd.	14,520		111,593
First Financial Holding Company, Ltd.	346,988		280,289
Formosa Chemicals & Fibre Corp.	117,212		350,665
Formosa Petrochemical Corp.	39,720		140,655
Formosa Plastics Corp.	128,086		517,847
Foxconn Technology Company, Ltd.	15,513		38,796
Fubon Financial Holding Company, Ltd.	232,223		634,627
Giant Manufacturing Company, Ltd.	10,000		113,380
Globalwafers Company, Ltd.	7,000		197,470
Hiwin Technologies Corp.	8,552		94,406
Hon Hai Precision Industry Company, Ltd.	417,368		1,557,873
Hotai Motor Company, Ltd.	9,000		187,721
Hua Nan Financial Holdings Company, Ltd.	286,486		209,146
Innolux Corp.	275,841		166,033
Inventec Corp.	116,899		107,706
Largan Precision Company, Ltd.	3,143		244,871
Lite-On Technology Corp.	81,626		181,923
MediaTek, Inc.	50,340		1,620,318
Mega Financial Holding Company, Ltd.	363,134		416,700
Micro-Star International Company, Ltd.	23,000		106,080
momo.com, Inc.	2,000		115,913
Nan Ya Plastics Corp.	171,992		562,217
Nan Ya Printed Circuit Board Corp.	8,000		123,148
Nanya Technology Corp.	37,000		86,399
Nien Made Enterprise Company, Ltd.	7,000		99,016
Novatek Microelectronics Corp.	19,361		281,293
Oneness Biotech Company, Ltd. (A)	11,000		72,656
Pegatron Corp.	66,989		160,433
Phison Electronics Corp.	5,000		66,880
Pou Chen Corp.	98,641		118,847
Powertech Technology, Inc.	13,149		48,922
President Chain Store Corp.	19,496		195,644
Quanta Computer, Inc.	92,771		256,727
Realtek Semiconductor Corp.	15,999		281,869
Ruentex Development Company, Ltd.	50,400		103,272
Shin Kong Financial Holding Company, Ltd.	411,790		136,830

 

103

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

International Equity Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Taiwan (continued)
SinoPac Financial Holdings Company, Ltd.	349,762	$	173,773
Synnex Technology International Corp.	24,928		46,422
Taishin Financial Holding Company, Ltd.	341,564		221,117
Taiwan Cement Corp.	167,824		305,650
Taiwan Cooperative Financial Holding Company, Ltd.	296,127		234,151
Taiwan High Speed Rail Corp.	71,000		75,322
Taiwan Mobile Company, Ltd.	57,257		203,073
Taiwan Semiconductor Manufacturing Company, Ltd.	830,227		17,170,811
The Shanghai Commercial & Savings Bank, Ltd.	111,937		177,871
Unimicron Technology Corp.	41,000		191,845
Uni-President Enterprises Corp.	161,487		394,536
United Microelectronics Corp.	388,313		880,208
Vanguard International Semiconductor Corp.	31,000		166,394
Walsin Technology Corp. (A)	11,000		59,608
Wan Hai Lines, Ltd.	19,800		143,120
Win Semiconductors Corp.	11,000		120,954
Winbond Electronics Corp.	102,000		95,643
Wistron Corp.	116,598		114,620
Wiwynn Corp.	3,000		92,897
WPG Holdings, Ltd.	47,840		82,874
Ya Hsin Industrial Company, Ltd. (A)(E)	36,000		0
Yageo Corp.	13,584		212,912
Yang Ming Marine Transport Corp. (A)	52,000		219,033
Yuanta Financial Holding Company, Ltd.	324,837		286,601
Zhen Ding Technology Holding, Ltd.	19,000		66,803
			37,872,112
Thailand - 0.4%
Advanced Info Service PCL	48,400		279,252
Airports of Thailand PCL	163,100		292,287
Bangkok Bank PCL, NVDR	2,700		9,215
Bangkok Dusit Medical Services PCL, NVDR	387,300		259,782
Bangkok Expressway & Metro PCL, NVDR	354,600		91,482
Berli Jucker PCL, NVDR	21,300		20,650
BTS Group Holdings PCL, NVDR (B)	301,600		83,585
Bumrungrad Hospital PCL, NVDR	15,600		64,775
Central Pattana PCL, NVDR	64,400		100,364
Central Retail Corp. PCL	45,441		44,680
Charoen Pokphand Foods PCL	136,200		103,381
CP ALL PCL	184,600		345,068
CP ALL PCL, NVDR	12,300		22,992
Electricity Generating PCL	7,600		38,901
Electricity Generating PCL, NVDR	1,400		7,166
Energy Absolute PCL	56,900		102,403
Gulf Energy Development PCL, NVDR	79,150		96,610
Home Product Center PCL	204,400		81,647
Indorama Ventures PCL, NVDR	54,900		71,509
Krung Thai Bank PCL	164,375		53,045
Land & Houses PCL, NVDR	393,400		91,943
Minor International PCL, NVDR (A)	131,483		121,843
Muangthai Capital PCL, NVDR	11,300		19,300
PTT Exploration & Production PCL	60,147		207,202
PTT Global Chemical PCL	87,373		161,938
PTT PCL	391,000		447,227
PTT PCL, NVDR	10,500		12,010
Ratch Group PCL, NVDR	12,800		17,068
Thai Oil PCL	46,900		71,731
Thai Union Group PCL	95,900		61,415
The Siam Cement PCL	12,000		142,036

International Equity Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Thailand (continued)
The Siam Cement PCL, NVDR	14,300	$	169,259
The Siam Commercial Bank PCL	23,348		83,591
True Corp. PCL	448,802		50,169
			3,825,526
Turkey - 0.1%
Akbank TAS	100,286		60,216
Aselsan Elektronik Sanayi Ve Ticaret AS	14,026		23,880
BIM Birlesik Magazalar AS	16,428		118,139
Eregli Demir ve Celik Fabrikalari TAS	49,091		90,401
Ford Otomotiv Sanayi AS	4,572		86,287
Haci Omer Sabanci Holding AS	31,762		34,617
KOC Holding AS	25,423		64,712
Turkcell Iletisim Hizmetleri AS	38,572		66,183
Turkiye Garanti Bankasi AS	86,216		89,374
Turkiye Is Bankasi AS, Class C	60,572		35,190
Turkiye Petrol Rafinerileri AS (A)	4,998		64,993
			733,992
United Arab Emirates - 0.0%
NMC Health PLC (A)	4,471		872
United Kingdom - 7.8%
3i Group PLC	32,696		561,611
abrdn PLC	72,446		247,762
Admiral Group PLC	6,635		277,233
Anglo American PLC	42,988		1,506,672
Ashtead Group PLC	15,597		1,179,030
Associated British Foods PLC	11,826		294,381
AstraZeneca PLC	52,364		6,310,792
Auto Trader Group PLC (C)	37,238		293,666
AVEVA Group PLC	4,243		205,069
Aviva PLC	131,970		699,425
BAE Systems PLC	111,616		845,386
Barclays PLC	576,321		1,464,420
Barratt Developments PLC	33,805		298,829
Berkeley Group Holdings PLC	4,051		236,561
BP PLC	683,369		3,112,647
British American Tobacco PLC	72,353		2,529,066
BT Group PLC (A)	308,640		661,666
Bunzl PLC	11,691		385,739
Burberry Group PLC	13,598		330,930
CNH Industrial NV	37,712		633,901
Coca-Cola Europacific Partners PLC	6,887		378,558
Compass Group PLC (A)	59,219		1,211,098
Croda International PLC	4,632		530,722
Diageo PLC	78,828		3,816,459
Direct Line Insurance Group PLC	53,358		207,674
Entain PLC (A)	19,428		554,895
Evraz PLC	18,017		142,947
Ferguson PLC	7,801		1,082,950
GlaxoSmithKline PLC	169,205		3,193,435
Halma PLC	13,950		532,102
Hargreaves Lansdown PLC	11,809		226,740
HSBC Holdings PLC	686,857		3,591,355
Imperial Brands PLC	31,799		665,129
Informa PLC (A)	49,866		366,713
InterContinental Hotels Group PLC (A)	6,064		387,196
Intertek Group PLC	5,603		374,657
J Sainsbury PLC	71,585		274,370
JD Sports Fashion PLC	17,123		240,638
Johnson Matthey PLC	7,531		270,190
Kingfisher PLC	70,070		316,287
Land Securities Group PLC	25,882		241,229
Legal & General Group PLC	200,480		753,221
Lloyds Banking Group PLC	2,378,433		1,480,388
London Stock Exchange Group PLC	10,980		1,100,287

 

104

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

International Equity Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
United Kingdom (continued)
M&G PLC	94,053	$	256,972
Melrose Industries PLC	146,910		341,082
Mondi PLC	13,861		339,678
Mondi PLC (Johannesburg Stock Exchange)	4,137		101,874
National Grid PLC	122,429		1,458,830
NatWest Group PLC	181,551		547,350
Next PLC	4,895		538,454
Ocado Group PLC (A)	16,158		361,096
Pearson PLC	25,020		239,947
Persimmon PLC	10,716		383,257
Phoenix Group Holdings PLC	19,903		172,066
Prudential PLC	87,981		1,707,309
Reckitt Benckiser Group PLC	23,897		1,877,354
RELX PLC	40,612		1,169,067
RELX PLC (Euronext Amsterdam Exchange)	24,692		714,771
Rentokil Initial PLC	67,951		533,606
Rio Tinto PLC	37,839		2,480,428
Rolls-Royce Holdings PLC (A)	275,192		513,981
Schroders PLC	4,962		238,969
Segro PLC	41,053		659,469
Severn Trent PLC	7,990		279,723
Smith & Nephew PLC	29,419		506,826
Smiths Group PLC	15,498		298,845
Spirax-Sarco Engineering PLC	2,625		528,165
SSE PLC	36,273		763,733
St. James's Place PLC	20,193		407,339
Standard Chartered PLC	93,128		544,406
Taylor Wimpey PLC	125,790		262,361
Tesco PLC	268,394		914,052
The British Land Company PLC	35,353		234,589
The Sage Group PLC	41,847		398,453
Unilever PLC	39,173		2,120,763
Unilever PLC (Euronext Amsterdam Exchange)	49,466		2,671,953
United Utilities Group PLC	26,873		349,762
Vodafone Group PLC	955,905		1,454,593
Whitbread PLC (A)	7,168		318,711
Wm Morrison Supermarkets PLC	89,522		354,660
WPP PLC	42,535		569,866
			71,628,386
United States - 0.1%
Bausch Health Companies, Inc. (A)	9,900		276,068
Brookfield Renewable Corp., Class A	4,350		168,972
			445,040
Uruguay - 0.0%
Globant SA (A)	1,200		337,212
TOTAL COMMON STOCKS (Cost $610,011,341)		$	883,308,449
PREFERRED SECURITIES - 0.9%
Brazil - 0.3%
Alpargatas SA (A)	8,500		82,413
Banco Bradesco SA	163,047		623,655
Banco BTG Pactual SA	4		4
Banco Inter SA (C)	1		3
Bradespar SA	8,584		82,392
Braskem SA, A Shares (A)	8,200		89,352
Centrais Eletricas Brasileiras SA, B Shares	5,700		40,528
Cia Energetica de Minas Gerais	36,287		93,486
Gerdau SA	36,200		180,144
Itau Unibanco Holding SA	161,889		860,019
Itausa SA	147,723		302,187

International Equity Index Trust (continued)

	Shares or Principal Amount	Value
PREFERRED SECURITIES (continued)
Brazil (continued)
Petroleo Brasileiro SA	165,151	$	825,793
			3,179,976
Germany - 0.4%
Bayerische Motoren Werke AG	2,090		158,539
Fuchs Petrolub SE	2,735		127,827
Henkel AG & Company KGaA	6,138		567,816
Porsche Automobil Holding SE	5,695		563,179
Sartorius AG	1,201		764,564
Volkswagen AG	6,259		1,395,142
			3,577,067
South Korea - 0.2%
Hyundai Motor Company	705		56,760
Hyundai Motor Company, 2nd Preferred	1,197		95,387
LG Chem, Ltd.	162		50,918
LG Household & Health Care, Ltd.	48		25,934
Samsung Electronics Company, Ltd.	27,037		1,577,304
			1,806,303
TOTAL PREFERRED SECURITIES (Cost $7,052,349)		$	8,563,346
RIGHTS - 0.0%
Airtac International Group (Expiration Date: 10-11-21; Strike Price: TWD 718.00) (A)	185		1,043
Bharti Airtel, Ltd. (Expiration Date: 10-22-21; Strike Price: INR 535.00) (A)	5,838		12,057
Deutsche Lufthansa AG (Expiration Date: 10-6-21; Strike Price: EUR 3.58) (A)(B)	9,922		23,561
Fubon Financial Holding Company, Ltd. (Expiration Date: 10-19-21; Strike Price: TWD 58.90) (A)	8,043		5,139
Hyundai Engineering & Construction Company, Ltd. (Expiration Date: 10-25-21; Strike Price: KRW 98,300.00) (A)	45		3,048
Samsung Heavy Industries Company, Ltd. (Expiration Date: 11-1-21; Strike Price: KRW 5,130.00) (A)	5,138		4,643
Veolia Environnement SA (Expiration Date: 10-4-21; Strike Price: EUR 22.70) (A)	18,107		15,022
TOTAL RIGHTS (Cost $45,338)		$	64,513
WARRANTS - 0.0%
BTS Group Holdings PCL (Expiration Date: 12-31-24; Strike Price: THB 11.90) (A)	30,160		1,138
BTS Group Holdings PCL (Expiration Date: 12-31-26; Strike Price: THB 14.90) (A)	60,320		2,201
BTS Group Holdings PCL (Expiration Date: 9-5-22; Strike Price: THB 9.90) (A)	15,080		749
Minor International PCL (Expiration Date: 2-15-24; Strike Price: THB 31.00) (A)	3,972		471
TOTAL WARRANTS (Cost $0)		$	4,559

 

105

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

International Equity Index Trust (continued)

	Shares or Principal Amount	Value
SHORT-TERM INVESTMENTS - 3.1%
Short-term funds - 3.1%
Fidelity Institutional Money Market Government Portfolio, Institutional Class, 0.0100% (F)	15,738,312	$	15,738,312
John Hancock Collateral Trust, 0.0303% (F)(G)	1,319,981		13,207,995
TOTAL SHORT-TERM INVESTMENTS (Cost $28,946,627)		$	28,946,307
Total Investments (International Equity Index Trust) (Cost $646,055,655) - 100.3%		$	920,887,174
Other assets and liabilities, net - (0.3%)			(3,003,508)
TOTAL NET ASSETS - 100.0%		$	917,883,666

Currency Abbreviations
EUR	Euro
INR	Indian Rupee
KRW	Korean Won
THB	Thai Bhat

International Equity Index Trust (continued)

TWD	New Taiwan Dollar
Security Abbreviations and Legend
ADR	American Depositary Receipt
GDR	Global Depositary Receipt
NVDR	Non-Voting Depositary Receipt
(A)	Non-income producing security.
(B)	All or a portion of this security is on loan as of 9-30-21. The value of securities on loan amounted to $18,854,809. In addition to the cash collateral invested in John Hancock Collateral Trust, non-cash collateral of $7,384,216 in the form of U.S. Treasuries was pledged to the fund.
(C)	These 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.
(D)	Investment is an affiliate of the fund, the advisor and/or subadvisor.
(E)	Security is valued using significant unobservable inputs and is classified as Level 3 in the fair value hierarchy.
(F)	The rate shown is the annualized seven-day yield as of 9-30-21.
(G)	Investment is an affiliate of the fund, the advisor and/or subadvisor. This security represents the investment of cash collateral received for securities lending.

 

DERIVATIVES

FUTURES

Open contracts	Number of contracts	Position	Expiration date	Notional basis^	Notional value^	Unrealized appreciation (depreciation)
Mini MSCI EAFE Index Futures	29	Long	Dec 2021	$3,437,309	$3,284,540	$(152,769)
Mini MSCI Emerging Markets Index Futures	374	Long	Dec 2021	24,420,462	23,283,370	(1,137,092)
						$(1,289,861)

^ Notional basis refers to the contractual amount agreed upon at inception of open contracts; notional value represents the current value of the open contract.

International Small Company Trust

	Shares or Principal Amount	Value
COMMON STOCKS - 98.3%
Australia - 6.2%
A2B Australia, Ltd. (A)	9,047	$	8,718
Accent Group, Ltd.	24,907		40,145
Adairs, Ltd.	6,590		19,155
Adbri, Ltd.	19,036		43,848
Ainsworth Game Technology, Ltd. (A)	10,192		9,076
Alcidion Group, Ltd. (A)	35,820		9,128
Alkane Resources, Ltd. (A)(B)	25,036		15,362
Alliance Aviation Services, Ltd. (A)	3,238		9,995
Altium, Ltd.	934		23,565
AMA Group, Ltd. (A)(B)	33,686		10,681
AMP, Ltd. (A)	50,928		35,911
Ansell, Ltd.	1,752		42,569
Appen, Ltd.	2,202		13,979
ARB Corp., Ltd.	3,784		131,594
Ardent Leisure Group, Ltd. (A)	39,016		45,384
AUB Group, Ltd.	4,241		71,960
Audinate Group, Ltd. (A)	1,532		10,992
Aurelia Metals, Ltd. (A)	85,331		18,503
Austal, Ltd.	23,155		31,097
Australian Agricultural Company, Ltd. (A)	28,065		29,799
Australian Finance Group, Ltd.	6,698		13,265
Australian Pharmaceutical Industries, Ltd.	26,584		28,316
Australian Strategic Materials, Ltd. (A)	950		6,757
Auswide Bank, Ltd.	646		3,009

International Small Company Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Australia (continued)
Baby Bunting Group, Ltd.	3,113	$	12,417
Bapcor, Ltd.	15,610		84,200
Base Resources, Ltd.	32,069		6,022
Beach Energy, Ltd.	60,312		64,413
Bega Cheese, Ltd.	15,122		58,084
Bellevue Gold, Ltd. (A)	32,369		19,744
Bendigo & Adelaide Bank, Ltd.	4,233		28,443
Betmakers Technology Group, Ltd. (A)(B)	14,102		10,631
Bigtincan Holdings, Ltd. (A)(B)	27,175		24,656
Blackmores, Ltd.	587		39,745
Bravura Solutions, Ltd.	17,804		39,045
Breville Group, Ltd.	4,635		95,421
Brickworks, Ltd.	3,876		68,954
BWX, Ltd.	8,729		30,569
Calix, Ltd. (A)	10,443		39,005
Capricorn Metals, Ltd. (A)	6,675		10,273
Cardno, Ltd.	15,086		12,110
Carnarvon Petroleum, Ltd. (A)	45,055		10,202
carsales.com, Ltd.	8,757		157,184
Cash Converters International, Ltd.	14,501		2,656
Cedar Woods Properties, Ltd.	2,634		11,534
Centuria Capital Group	17,864		43,467
Challenger, Ltd.	18,693		83,180
Champion Iron, Ltd. (A)	13,921		47,598
City Chic Collective, Ltd. (A)	5,259		24,441

 

106

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

International Small Company Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Australia (continued)
Cleanaway Waste Management, Ltd.	44,499	$	87,331
Clinuvel Pharmaceuticals, Ltd.	2,335		71,402
Clover Corp., Ltd.	8,155		9,064
Codan, Ltd.	5,320		48,294
Collins Foods, Ltd.	5,764		50,117
Cooper Energy, Ltd. (A)	98,256		19,093
Corporate Travel Management, Ltd. (A)	3,931		68,560
Costa Group Holdings, Ltd.	14,579		33,994
Credit Corp. Group, Ltd.	3,047		65,733
CSR, Ltd.	25,551		101,571
Data#3, Ltd.	9,073		31,215
Decmil Group, Ltd. (A)	1,519		385
Deterra Royalties, Ltd.	16,722		45,000
Dicker Data, Ltd.	2,793		25,149
Domain Holdings Australia, Ltd.	10,969		43,804
Downer EDI, Ltd.	18,221		83,052
Eagers Automotive, Ltd.	7,533		80,058
Eclipx Group, Ltd. (A)	16,681		29,471
Elders, Ltd.	8,609		75,212
EML Payments, Ltd. (A)	10,254		28,162
EQT Holdings, Ltd.	729		15,155
Estia Health, Ltd.	11,708		19,267
EVENT Hospitality and Entertainment, Ltd. (A)	4,397		48,529
FAR, Ltd. (A)(B)	3,139		1,713
Finbar Group, Ltd.	8,370		4,873
Fleetwood, Ltd.	8,058		13,150
Flight Centre Travel Group, Ltd. (A)(B)	4,755		72,510
Freedom Foods Group, Ltd. (A)	6,482		2,291
G8 Education, Ltd. (A)	51,376		38,642
Genworth Mortgage Insurance Australia, Ltd.	18,245		28,873
Gold Road Resources, Ltd.	43,849		37,845
GrainCorp, Ltd., Class A	13,614		61,431
GUD Holdings, Ltd.	3,831		27,956
GWA Group, Ltd.	12,453		24,378
Hansen Technologies, Ltd.	11,735		46,461
Healius, Ltd.	23,643		80,704
HT&E, Ltd.	20,357		24,266
HUB24, Ltd.	3,277		67,477
Humm Group, Ltd. (A)(B)	26,650		16,171
Iluka Resources, Ltd.	16,722		107,569
Imdex, Ltd.	20,483		34,182
Infomedia, Ltd.	17,584		22,104
Inghams Group, Ltd.	11,981		35,283
Intega Group, Ltd.	15,086		6,109
Integral Diagnostics, Ltd.	6,781		24,097
Integrated Research, Ltd. (A)	3,367		3,961
InvoCare, Ltd.	8,212		69,000
Ioneer, Ltd. (A)	61,614		27,649
IOOF Holdings, Ltd.	30,144		92,017
IPH, Ltd.	9,953		65,001
IRESS, Ltd.	8,152		66,489
IVE Group, Ltd.	11,452		12,611
Japara Healthcare, Ltd. (A)	17,906		17,813
Johns Lyng Group, Ltd.	4,330		19,065
Jumbo Interactive, Ltd.	2,253		25,844
Jupiter Mines, Ltd.	116,266		18,466
Karoon Energy, Ltd. (A)	25,702		28,385
Kogan.com, Ltd. (B)	1,950		15,178
Lifestyle Communities, Ltd.	3,310		52,222
Link Administration Holdings, Ltd.	18,547		58,161
Lovisa Holdings, Ltd.	3,846		51,880
MA Financial Group, Ltd.	3,830		20,162
MACA, Ltd.	23,711		11,099

International Small Company Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Australia (continued)
Macmahon Holdings, Ltd.	112,440	$	16,151
Macquarie Telecom Group, Ltd. (A)	223		12,448
Mayne Pharma Group, Ltd. (A)	99,135		20,205
McMillan Shakespeare, Ltd.	3,346		34,869
McPherson's, Ltd. (B)	9,168		7,072
Medusa Mining, Ltd.	8,127		4,148
Megaport, Ltd. (A)	882		10,540
Mesoblast, Ltd. (A)(B)	11,677		13,956
Metals X, Ltd. (A)(B)	48,765		12,908
Metcash, Ltd.	51,856		145,041
Mincor Resources NL (A)	14,651		13,979
MNF Group, Ltd.	2,522		12,108
Monadelphous Group, Ltd. (B)	3,790		24,466
Monash IVF Group, Ltd.	21,798		15,090
Money3 Corp., Ltd.	8,682		20,971
Mount Gibson Iron, Ltd.	18,373		6,350
Myer Holdings, Ltd. (A)	63,302		25,871
MyState, Ltd.	5,375		19,086
Nanosonics, Ltd. (A)(B)	8,226		36,824
Navigator Global Investments, Ltd.	10,160		12,942
Nearmap, Ltd. (A)	18,333		24,582
Netwealth Group, Ltd.	3,669		37,870
New Energy Solar, Ltd. (B)	16,176		9,336
New Hope Corp., Ltd. (B)	24,235		41,804
nib holdings, Ltd.	21,443		105,630
Nick Scali, Ltd.	5,272		43,253
Nickel Mines, Ltd.	30,650		20,398
Nine Entertainment Company Holdings, Ltd.	23,897		44,664
NRW Holdings, Ltd.	25,786		28,594
Nufarm, Ltd. (A)	12,991		44,381
OceanaGold Corp. (A)	31,900		52,134
OFX Group, Ltd.	14,134		16,154
Omni Bridgeway, Ltd. (A)	15,737		38,950
oOh!media, Ltd. (A)	31,712		40,277
Orocobre, Ltd. (A)	25,591		157,284
Orora, Ltd.	40,091		88,347
OZ Minerals, Ltd.	18,111		290,780
Pacific Current Group, Ltd.	1,717		9,158
Pact Group Holdings, Ltd.	11,275		30,745
Peet, Ltd.	13,800		10,252
Pendal Group, Ltd.	12,114		70,485
Perenti Global, Ltd.	35,432		20,603
Perpetual, Ltd.	2,914		78,775
Perseus Mining, Ltd. (A)	68,083		68,490
Platinum Asset Management, Ltd. (B)	14,631		36,714
Praemium, Ltd. (A)(B)	28,131		21,658
Premier Investments, Ltd.	4,691		100,850
Pro Medicus, Ltd. (B)	1,815		70,412
Ramelius Resources, Ltd.	29,377		28,273
Regis Healthcare, Ltd.	9,267		13,375
Regis Resources, Ltd.	35,749		51,835
Resolute Mining, Ltd. (A)	43,558		13,071
Ridley Corp., Ltd. (A)	19,540		18,814
RPMGlobal Holdings, Ltd. (A)	6,670		9,278
Sandfire Resources, Ltd.	8,336		32,521
Sandfire Resources, Ltd., Entitlement Offer (A)	10,806		42,158
SeaLink Travel Group, Ltd.	2,432		15,559
Select Harvests, Ltd.	6,954		41,212
Senex Energy, Ltd. (B)	11,103		29,444
Servcorp, Ltd.	3,171		8,785
Service Stream, Ltd.	27,275		17,349
Seven West Media, Ltd. (A)(B)	85,038		24,523
SG Fleet Group, Ltd.	8,938		19,143

 

107

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

International Small Company Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Australia (continued)
Sigma Healthcare, Ltd.	86,903	$	39,021
Silver Lake Resources, Ltd. (A)	29,625		28,699
SmartGroup Corp., Ltd.	4,591		31,329
Southern Cross Media Group, Ltd.	17,291		26,801
Spark Infrastructure Group	75,397		152,291
SpeedCast International, Ltd. (A)(B)(C)	17,245		0
St. Barbara, Ltd.	33,249		32,045
Steadfast Group, Ltd.	39,801		137,402
Super Retail Group, Ltd.	7,649		66,559
Superloop, Ltd. (A)(B)	22,967		16,171
Syrah Resources, Ltd. (A)	36,700		27,719
Tassal Group, Ltd.	8,526		21,552
Technology One, Ltd.	12,347		99,690
The Reject Shop, Ltd. (A)	2,561		11,691
The Star Entertainment Group, Ltd. (A)	30,354		96,412
Tiger Resources, Ltd. (A)(C)	92,816		2,469
Tyro Payments, Ltd. (A)	10,423		28,926
United Malt Grp, Ltd.	15,585		45,404
Uniti Group, Ltd. (A)	7,836		21,599
Virtus Health, Ltd.	8,580		36,366
Viva Energy Group, Ltd. (D)	27,557		46,599
Webjet, Ltd. (A)(B)	21,997		98,951
West African Resources, Ltd. (A)	28,562		20,046
Western Areas, Ltd. (A)	21,598		46,128
Westgold Resources, Ltd.	16,604		19,449
Whitehaven Coal, Ltd. (A)	44,790		102,527
Zip Company, Ltd. (A)(B)	5,273		26,007
			7,924,306
Austria - 1.6%
Agrana Beteiligungs AG	724		15,258
ams AG (A)	11,874		215,376
ANDRITZ AG	3,025		165,787
AT&S Austria Technologie & Systemtechnik AG	1,801		68,313
BAWAG Group AG (D)	2,515		159,165
DO & Company AG (A)	278		22,488
EVN AG	2,014		53,530
FACC AG (A)	1,116		12,145
Flughafen Wien AG (A)	265		9,152
IMMOFINANZ AG	4,356		103,722
Kapsch TrafficCom AG (A)(B)	191		3,292
Lenzing AG (A)	693		83,891
Mayr Melnhof Karton AG	378		72,256
Oesterreichische Post AG (B)	1,378		58,308
Palfinger AG	876		38,174
POLYTEC Holding AG	995		9,596
Porr AG (A)	648		11,531
Raiffeisen Bank International AG	2,404		62,875
RHI Magnesita NV	1,095		48,257
RHI Magnesita NV (London Stock Exchange)	545		23,955
Rosenbauer International AG	174		9,883
S IMMO AG	2,772		64,051
S&T AG (B)	1,838		47,765
Schoeller-Bleckmann Oilfield Equipment AG (A)	710		28,592
Semperit AG Holding	822		29,266
Strabag SE, Bearer Shares	893		40,626
Telekom Austria AG (A)	7,836		67,716
UBM Development AG	411		20,430
UNIQA Insurance Group AG	6,525		58,100
Vienna Insurance Group AG	2,128		61,223
voestalpine AG	4,895		180,814
Wienerberger AG	5,497		184,571

International Small Company Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Austria (continued)
Zumtobel Group AG	2,545	$	26,590
			2,056,698
Belgium - 1.5%
Ackermans & van Haaren NV	1,132		195,023
AGFA-Gevaert NV (A)	6,780		31,195
Akka Technologies (A)	603		33,143
Atenor	211		14,430
Banque Nationale de Belgique	12		23,627
Barco NV	3,212		69,724
Bekaert SA	1,986		82,621
Biocartis Group NV (A)(B)(D)	2,587		11,455
bpost SA (A)	4,236		37,353
Celyad Oncology SA (A)	493		2,066
Cie d'Entreprises CFE	416		42,842
D'ieteren Group	1,085		159,211
Econocom Group SA/NV	6,435		24,730
Elia Group SA/NV	1,281		153,079
Etablissements Franz Colruyt NV (B)	695		35,453
Euronav NV	8,334		78,984
Euronav NV (New York Stock Exchange) (B)	2,324		22,682
EVS Broadcast Equipment SA	811		18,226
Exmar NV	1,567		7,642
Fagron	2,165		42,289
Gimv NV	1,241		79,205
Immobel SA (B)	209		18,103
Ion Beam Applications	1,305		28,703
Kinepolis Group NV (A)	585		37,977
Lotus Bakeries NV	13		79,787
Melexis NV	987		104,770
Ontex Group NV (A)	3,927		41,928
Orange Belgium SA	417		9,378
Oxurion NV (A)	1,612		3,593
Picanol (A)	88		7,416
Proximus SADP	5,977		118,610
Recticel SA	2,296		38,122
Sipef NV	420		24,637
Telenet Group Holding NV	1,717		65,558
Tessenderlo Group SA (A)	904		33,639
Van de Velde NV	377		13,525
VGP NV	243		55,868
Viohalco SA	7,173		34,873
X-Fab Silicon Foundries SE (A)(D)	2,319		22,039
			1,903,506
Bermuda - 0.1%
Hiscox, Ltd.	12,790		144,174
Cambodia - 0.0%
NagaCorp, Ltd.	40,000		34,126
Canada - 9.9%
5N Plus, Inc. (A)	3,515		7,659
Absolute Software Corp.	2,400		26,376
Advantage Energy, Ltd. (A)	11,500		58,108
Aecon Group, Inc.	3,200		48,432
Africa Oil Corp. (A)	34,602		47,535
AG Growth International, Inc. (B)	1,100		24,569
AGF Management, Ltd., Class B	4,298		26,332
Aimia, Inc. (A)	7,777		26,586
AirBoss of America Corp. (B)	1,500		42,859
Alamos Gold, Inc., Class A	21,953		157,897
Alaris Equity Partners Income (B)	2,229		31,202
Alcanna, Inc. (A)	1,500		9,498
Algoma Central Corp.	700		9,312
AltaGas, Ltd. (B)	5,866		115,736
Altius Minerals Corp.	3,100		38,108

 

108

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

International Small Company Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Canada (continued)
Altus Group, Ltd.	1,818	$	88,704
Andlauer Healthcare Group, Inc. (B)	321		12,507
Andrew Peller, Ltd., Class A	2,300		15,490
ARC Resources, Ltd.	24,118		226,023
Aritzia, Inc. (A)	3,645		116,032
Ascot Resources, Ltd. (A)	13,700		11,249
Atco, Ltd., Class I	1,804		57,869
Athabasca Oil Corp. (A)	42,135		30,605
ATS Automation Tooling Systems, Inc. (A)	3,547		112,521
AutoCanada, Inc. (A)	1,985		72,702
Badger Infrastructure Solutions, Ltd.	1,522		40,676
Birch Mountain Resources, Ltd. (A)(C)	9,200		1
Birchcliff Energy, Ltd. (B)	15,733		87,074
Bird Construction, Inc.	4,995		38,805
Black Diamond Group, Ltd. (A)	2,750		8,207
BMTC Group, Inc.	500		5,744
Bombardier, Inc., Class B (A)	75,961		129,540
Boralex, Inc., Class A	4,277		126,291
Brookfield Infrastructure Corp., Class A	3,059		183,381
Calian Group, Ltd.	905		43,585
Calibre Mining Corp. (A)	11,500		12,257
Canaccord Genuity Group, Inc.	5,281		58,080
Canacol Energy, Ltd. (B)	7,565		20,188
Canada Goose Holdings, Inc. (A)	2,213		79,026
Canadian Western Bank	4,515		130,716
Canfor Corp. (A)	3,704		81,356
Canfor Pulp Products, Inc. (A)	2,715		13,933
Capital Power Corp.	5,927		199,860
Capstone Mining Corp. (A)	29,467		114,695
Cardinal Energy, Ltd. (A)	5,530		18,250
Cascades, Inc.	5,723		70,803
Celestica, Inc. (A)	5,019		44,579
Celestica, Inc. (New York Stock Exchange) (A)	3,200		28,416
Centerra Gold, Inc.	12,177		83,160
CES Energy Solutions Corp.	18,429		27,645
China Gold International Resources Corp., Ltd.	18,050		52,015
CI Financial Corp.	8,900		180,656
Cogeco Communications, Inc.	863		76,693
Cogeco, Inc.	445		31,690
Colliers International Group, Inc.	1,400		179,206
Computer Modelling Group, Ltd.	4,420		16,541
Copper Mountain Mining Corp. (A)	8,800		19,662
Corby Spirit and Wine, Ltd.	700		9,987
Corus Entertainment, Inc., B Shares	11,806		52,943
Crescent Point Energy Corp.	9,519		43,890
Crescent Point Energy Corp. (New York Stock Exchange)	16,800		77,448
Crew Energy, Inc. (A)	11,300		27,746
Cronos Group, Inc. (A)	2,170		12,250
Cronos Group, Inc. (Nasdaq Exchange) (A)	3,612		20,444
Denison Mines Corp. (A)	42,724		62,066
Dexterra Group, Inc.	1,621		10,469
DIRTT Environmental Solutions (A)(B)	3,000		9,285
Doman Building Materials Group, Ltd.	3,600		18,048
Dorel Industries, Inc., Class B (A)	1,800		15,519
DREAM Unlimited Corp., Class A	2,250		49,775
Dundee Precious Metals, Inc.	7,687		46,246
ECN Capital Corp.	16,900		139,299
E-L Financial Corp., Ltd.	100		73,819
Eldorado Gold Corp. (A)	9,374		72,529
Element Fleet Management Corp.	16,042		161,864

International Small Company Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Canada (continued)
Endeavour Silver Corp. (A)	6,945	$	28,458
Enerflex, Ltd.	6,400		46,891
Enerplus Corp.	11,735		93,947
Enghouse Systems, Ltd.	1,800		78,972
Ensign Energy Services, Inc. (A)	9,800		14,546
Equitable Group, Inc.	696		78,524
ERO Copper Corp. (A)	2,900		51,424
Evertz Technologies, Ltd.	1,900		21,526
Exchange Income Corp.	568		19,880
Exco Technologies, Ltd.	1,500		11,736
Extendicare, Inc.	6,230		36,103
Fiera Capital Corp.	3,035		25,064
Finning International, Inc.	8,181		201,845
Firm Capital Mortgage Investment Corp.	1,100		12,758
First Majestic Silver Corp. (B)	7,681		86,962
First Mining Gold Corp. (A)(B)	39,000		9,237
First National Financial Corp.	700		24,041
Fission Uranium Corp. (A)	19,500		12,624
Fortuna Silver Mines, Inc. (A)(B)	14,300		56,225
Freehold Royalties, Ltd. (B)	7,229		59,357
Frontera Energy Corp. (A)	2,200		13,166
Galiano Gold, Inc. (A)	6,600		4,742
Gamehost, Inc. (A)	100		634
GDI Integrated Facility Services, Inc. (A)	300		12,932
Gibson Energy, Inc.	7,398		135,858
Global Atomic Corp. (A)	8,700		21,980
goeasy, Ltd.	672		107,230
GoGold Resources, Inc. (A)	5,300		11,591
Golden Star Resources, Ltd. (A)	5,011		11,869
Gran Tierra Energy, Inc. (A)	25,166		18,478
Guardian Capital Group, Ltd., Class A	1,100		29,832
Hanfeng Evergreen, Inc. (A)(C)	200		0
Hardwoods Distribution, Inc.	800		23,174
Headwater Exploration, Inc. (A)	4,930		17,710
Heroux-Devtek, Inc. (A)	2,700		37,710
HEXO Corp. (A)	3,660		6,704
High Liner Foods, Inc.	1,773		18,366
HLS Therapeutics, Inc.	700		10,180
Home Capital Group, Inc. (A)	3,379		99,001
Hudbay Minerals, Inc.	12,257		76,449
i-80 Gold Corp. (A)	1,651		4,054
iA Financial Corp., Inc.	2,077		117,838
IAMGOLD Corp. (A)	29,827		67,585
IBI Group, Inc. (A)	1,700		15,220
Imperial Metals Corp. (A)	5,060		15,580
Information Services Corp.	800		17,470
Innergex Renewable Energy, Inc.	6,800		108,985
Interfor Corp.	3,520		86,930
International Petroleum Corp. (A)	5,324		27,112
International Tower Hill Mines, Ltd. (A)	2,300		1,707
Intertape Polymer Group, Inc.	2,700		58,728
Jamieson Wellness, Inc. (D)	2,300		65,771
KAB Distribution, Inc. (A)(C)	7,076		0
Karora Resources, Inc. (A)	4,800		12,544
K-Bro Linen, Inc.	600		19,304
Kelt Exploration, Ltd. (A)	10,445		37,522
Keyera Corp. (B)	5,287		133,031
Kinaxis, Inc. (A)	1,068		154,087
Kingsway Financial Services, Inc. (A)	425		2,278
Knight Therapeutics, Inc. (A)	5,400		22,809
Labrador Iron Ore Royalty Corp. (B)	3,218		89,482
Largo Resources, Ltd. (A)	780		8,190
Lassonde Industries, Inc., Class A	200		28,686
Laurentian Bank of Canada	2,414		76,617
Leon's Furniture, Ltd.	1,883		34,818

 

109

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

International Small Company Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Canada (continued)
LifeWorks, Inc.	3,098	$	78,930
Linamar Corp.	2,366		122,858
Lucara Diamond Corp. (A)	25,184		12,526
Lundin Gold, Inc. (A)(B)	2,800		20,935
MAG Silver Corp. (A)	1,400		22,670
Magellan Aerospace Corp.	900		7,226
Mainstreet Equity Corp. (A)	400		32,923
Major Drilling Group International, Inc. (A)	6,800		45,366
Maple Leaf Foods, Inc.	3,940		80,069
Martinrea International, Inc.	4,603		40,884
Maverix Metals, Inc.	2,300		10,296
Medical Facilities Corp.	2,104		16,180
MEG Energy Corp. (A)	13,888		108,442
Melcor Developments, Ltd.	1,000		11,961
Methanex Corp.	2,700		124,427
Morguard Corp.	400		42,065
Mountain Province Diamonds, Inc. (A)(B)	6,800		2,309
MTY Food Group, Inc.	742		37,457
Mullen Group, Ltd.	5,582		56,763
New Gold, Inc. (A)	28,915		30,591
NFI Group, Inc. (B)	2,279		42,895
North American Construction Group, Ltd.	2,100		30,590
NuVista Energy, Ltd. (A)	15,505		62,921
Organigram Holdings, Inc. (A)	8,928		20,582
Osisko Gold Royalties, Ltd.	7,745		87,014
Paramount Resources, Ltd., Class A	5,173		76,701
Parex Resources, Inc.	7,016		127,624
Park Lawn Corp.	1,792		51,669
Parkland Corp.	5,735		161,147
Pason Systems, Inc.	5,636		38,356
Peyto Exploration & Development Corp.	10,197		79,380
Pizza Pizza Royalty Corp.	1,729		15,343
Polaris Infrastructure, Inc.	1,500		20,488
Pollard Banknote, Ltd.	1,000		37,226
PolyMet Mining Corp. (A)	1,185		3,649
PrairieSky Royalty, Ltd.	9,727		103,752
Precision Drilling Corp. (A)	1,082		43,738
Premium Brands Holdings Corp.	1,700		173,865
Pretium Resources, Inc. (A)	8,300		80,274
Quarterhill, Inc.	9,800		21,432
Questerre Energy Corp., Class A (A)	19,444		3,224
Real Matters, Inc. (A)	3,500		27,744
Recipe Unlimited Corp. (A)	1,300		19,994
RF Capital Group, Inc. (A)	1,848		3,181
Richelieu Hardware, Ltd.	2,800		92,095
Rogers Sugar, Inc. (B)	6,474		27,601
Russel Metals, Inc.	3,846		92,218
Sabina Gold & Silver Corp. (A)	20,475		23,601
Sandstorm Gold, Ltd. (A)	10,731		61,763
Savaria Corp. (B)	2,300		37,226
Seabridge Gold, Inc. (A)	2,330		35,890
Secure Energy Services, Inc.	13,040		49,006
ShawCor, Ltd. (A)	4,173		18,648
Sienna Senior Living, Inc. (B)	3,606		40,940
Sierra Wireless, Inc. (A)	2,600		40,254
Sleep Country Canada Holdings, Inc. (D)	2,113		56,053
SNC-Lavalin Group, Inc.	6,640		184,427
Spin Master Corp. (A)(D)	1,400		45,440
Sprott, Inc.	1,329		48,864
SSR Mining, Inc.	9,961		144,862
Stantec, Inc.	2,378		111,709
Stelco Holdings, Inc.	500		14,653

International Small Company Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Canada (continued)
Stella-Jones, Inc.	2,400	$	80,815
Storm Resources, Ltd. (A)	9,300		39,649
SunOpta, Inc. (A)	5,608		50,120
Superior Plus Corp. (B)	9,057		96,748
Tamarack Valley Energy, Ltd. (A)	20,085		50,585
Taseko Mines, Ltd. (A)(B)	16,100		30,253
Tecsys, Inc.	609		27,580
TerraVest Industries, Inc.	600		11,506
The North West Company, Inc.	2,406		64,244
Tidewater Midstream and Infrastructure, Ltd.	6,650		7,193
Timbercreek Financial Corp.	6,000		45,666
TLC Vision Corp. (A)	3,400		0
Torex Gold Resources, Inc. (A)	5,460		54,574
Total Energy Services, Inc. (A)	3,132		11,301
TransAlta Corp.	15,282		161,435
TransAlta Renewables, Inc.	6,098		91,427
Transcontinental, Inc., Class A	3,683		58,505
Treasury Metals, Inc. (A)(B)	1,301		729
Trevali Mining Corp. (A)	37,134		5,131
Trican Well Service, Ltd. (A)	26,009		60,782
Tricon Residential, Inc.	6,968		92,973
Trisura Group, Ltd. (A)	1,900		64,863
Turquoise Hill Resources, Ltd. (A)	5,450		80,593
Uni-Select, Inc. (A)	3,401		47,634
Vecima Networks, Inc.	479		6,051
Vermilion Energy, Inc. (A)	4,600		45,470
Wajax Corp.	1,300		23,555
Wesdome Gold Mines, Ltd. (A)	8,000		64,109
Western Forest Products, Inc.	25,850		44,900
Westshore Terminals Investment Corp. (B)	1,589		30,674
Whitecap Resources, Inc.	35,380		195,811
WildBrain, Ltd. (A)	10,382		26,475
Winpak, Ltd.	1,577		50,985
Yamana Gold, Inc.	40,341		159,249
Yellow Pages, Ltd.	200		2,171
Zenith Capital Corp. (A)	1,700		340
			12,601,356
China - 0.0%
FIH Mobile, Ltd. (A)	57,000		8,503
Fosun Tourism Group (A)(B)(D)	11,400		14,722
Goodbaby International Holdings, Ltd. (A)	71,000		10,670
			33,895
Denmark - 2.1%
ALK-Abello A/S (A)	301		126,292
Alm. Brand A/S (B)	2,824		19,750
Amagerbanken A/S (A)(C)	25,580		0
Asetek A/S (A)	1,629		5,917
Bang & Olufsen A/S (A)	7,788		36,512
Bavarian Nordic A/S (A)	3,285		166,277
Better Collective A/S (A)(B)	917		19,403
Chemometec A/S	721		110,422
Columbus A/S	6,187		9,067
D/S Norden A/S	1,788		45,551
Dfds A/S (A)	1,395		74,171
FLSmidth & Company A/S	1,871		65,037
H Lundbeck A/S	1,368		37,159
H+H International A/S, Class B (A)	1,146		39,902
INVISIO AB	1,065		21,110
ISS A/S (A)	5,397		114,076
Jeudan A/S	380		14,731
Jyske Bank A/S (A)	2,627		113,264
Lan & Spar Bank A/S	225		21,020

 

110

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

International Small Company Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Denmark (continued)
Matas A/S	2,910	$	54,752
Netcompany Group A/S (D)	1,289		148,679
Nilfisk Holding A/S (A)	903		29,157
NKT A/S (A)	2,018		87,661
NNIT A/S (D)	479		9,127
NTG Nordic Transport Group A/S (A)	635		49,254
Per Aarsleff Holding A/S	883		36,227
Ringkjoebing Landbobank A/S	1,224		141,302
Rockwool International A/S, A Shares	83		30,199
Rockwool International A/S, B Shares	90		38,438
Royal Unibrew A/S	2,377		285,910
Scandinavian Tobacco Group A/S (D)	2,633		51,965
Schouw & Company A/S	666		63,967
SimCorp A/S	1,846		218,112
Solar A/S, B Shares	410		40,262
SP Group A/S	203		11,532
Spar Nord Bank A/S	4,967		57,723
Sydbank AS	3,132		93,614
The Drilling Company of 1972 A/S (A)	532		19,967
Tivoli A/S (A)	102		12,845
Topdanmark AS	2,239		115,519
United International Enterprises, Ltd.	128		33,980
Zealand Pharma A/S (A)	1,273		36,608
			2,706,461
Finland - 2.3%
Aktia Bank OYJ	2,328		31,311
Alma Media OYJ	1,962		22,666
BasWare OYJ (A)	538		20,207
Bittium OYJ	2,708		18,439
Cargotec OYJ, B Shares	2,007		101,597
Caverion OYJ	3,325		25,883
Citycon OYJ (B)	4,136		33,145
Enento Group OYJ (A)(D)	860		35,139
Finnair OYJ (A)(B)	44,891		35,293
Fiskars OYJ ABP	2,196		48,704
F-Secure OYJ	7,159		39,573
Harvia OYJ	846		44,936
HKScan OYJ, A Shares	316		700
Huhtamaki OYJ	4,496		202,180
Kamux Corp. (B)	1,688		24,967
Kemira OYJ	4,940		75,828
Kojamo OYJ	3,973		82,496
Konecranes OYJ	2,937		117,517
Lassila & Tikanoja OYJ	1,929		30,374
Lehto Group OYJ (A)	1,738		2,409
Marimekko OYJ	127		9,992
Metsa Board OYJ	9,171		85,849
Multitude SE (A)	459		2,682
Musti Group OYJ (A)	1,222		43,606
Neles OYJ	6,038		82,596
Nokian Renkaat OYJ	6,368		227,550
Olvi OYJ, A Shares	721		41,823
Oriola OYJ, B Shares	9,290		19,090
Orion OYJ, Class A	982		39,069
Orion OYJ, Class B	4,360		172,615
Outokumpu OYJ (A)	16,202		98,431
Pihlajalinna OYJ	1,193		16,254
Ponsse OYJ	543		24,970
QT Group OYJ (A)	770		129,186
Raisio OYJ, V Shares	8,267		32,469
Rapala VMC OYJ (A)	908		9,605
Revenio Group OYJ	1,101		69,823
Rovio Entertainment OYJ (B)(D)	1,642		10,942
Sanoma OYJ	4,094		64,015
Taaleri OYJ	956		10,930

International Small Company Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Finland (continued)
Talenom OYJ (B)	637	$	10,334
Terveystalo OYJ (D)	2,964		36,988
TietoEVRY OYJ	3,679		110,641
Tokmanni Group Corp.	2,438		59,294
Uponor OYJ	2,530		62,702
Vaisala OYJ, A Shares	952		41,396
Valmet OYJ	6,269		226,336
Verkkokauppa.com OYJ	1,047		9,582
Wartsila OYJ ABP	13,776		164,062
YIT OYJ	8,449		44,642
			2,950,838
France - 4.4%
ABC arbitrage	1,219		9,874
AKWEL	725		18,065
Albioma SA	1,751		68,739
ALD SA (D)	3,848		52,426
Altamir	752		20,822
Alten SA	1,382		202,226
Assystem SA	763		26,947
Aubay	399		22,445
Axway Software SA	531		16,767
Bastide le Confort Medical	256		13,320
Beneteau SA (A)	2,839		41,966
Bigben Interactive (B)	460		8,544
Boiron SA	274		12,903
Bonduelle SCA	1,027		25,520
Burelle SA	15		11,686
Casino Guichard Perrachon SA (A)(B)	2,173		58,401
Catana Group (A)	1,588		11,006
Cegedim SA (A)	495		15,130
CGG SA (A)	29,813		22,746
Chargeurs SA (B)	1,491		44,813
Cie des Alpes (A)	998		17,111
Cie Plastic Omnium SA	3,159		80,622
Claranova SADIR (A)	1,250		8,963
Coface SA	5,646		70,719
DBV Technologies SA (A)	1,786		17,839
Delta Plus Group	116		11,533
Derichebourg SA (A)	6,625		76,463
Devoteam SA (A)	70		10,764
Ekinops SAS (A)	1,302		10,913
Electricite de Strasbourg SA	31		4,199
Elior Group SA (A)(D)	6,312		50,133
Elis SA (A)	9,898		188,764
Eramet SA (A)	445		33,442
ESI Group (A)	197		15,308
Etablissements Maurel et Prom SA (A)	1,561		4,132
Eurazeo SE	1,711		160,324
Eutelsat Communications SA	9,105		125,203
Exel Industries SA, A Shares (A)	89		8,251
Faurecia SE	5,262		247,564
Fnac Darty SA	1,052		68,870
Gaztransport Et Technigaz SA	1,087		81,192
Groupe Crit	163		12,717
Haulotte Group SA (A)	962		6,260
ID Logistics Group (A)	176		56,349
Imerys SA	1,434		61,781
Infotel SA	133		7,649
Ipsen SA	114		10,863
IPSOS	1,982		90,069
JCDecaux SA (A)	2,376		62,919
Kaufman & Broad SA	901		37,501
Korian SA	3,776		132,025
Lagardere SA (A)	3,040		80,150
Laurent-Perrier	110		12,604

 

111

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

International Small Company Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
France (continued)
Lectra	1,618	$	63,405
LISI	1,205		35,738
LNA Sante SA	166		9,780
Lumibird (A)	632		13,807
Maisons du Monde SA (D)	1,925		38,809
Manitou BF SA	880		29,437
Manutan International	105		9,106
Mersen SA	1,171		43,144
Metropole Television SA	1,324		27,504
Neoen SA (A)(D)	1,095		44,125
Nexans SA	1,883		175,578
Nexity SA	1,974		93,867
NRJ Group	782		5,449
Onxeo SA (A)(B)	4,617		2,942
Orpea SA	1,358		157,896
Pharmagest Interactive	161		17,805
Plastivaloire	383		2,481
Quadient SA	2,721		65,372
Recylex SA (A)(C)	1,058		2,265
Rexel SA (A)	14,693		283,106
Robertet SA	28		32,214
Rothschild & Company	1,855		80,241
Rubis SCA	3,860		133,438
Samse SA	48		11,295
Savencia SA	372		27,014
SCOR SE	7,220		207,906
SMCP SA (A)(D)	1,921		15,175
Societe BIC SA	1,252		73,737
Societe LDC SA	80		9,305
Societe pour l'Informatique Industrielle	438		19,031
SOITEC (A)	1,082		233,893
Solocal Group (A)(B)	6,121		12,321
Somfy SA	326		58,895
Sopra Steria Group SACA	839		155,442
SPIE SA	6,716		152,011
Stef SA	202		22,833
Synergie SE	557		24,886
Technicolor SA (A)	685		2,314
Technip Energies NV (A)	2,461		38,589
Television Francaise 1	3,803		37,281
Thermador Groupe	453		47,824
Tikehau Capital SCA	1,533		45,979
Trigano SA	463		86,807
Valeo	830		23,163
Vallourec SA (A)	2,750		23,856
Verallia SA (D)	1,752		60,332
Vetoquinol SA	155		23,194
Vicat SA	1,201		53,393
VIEL & Cie SA	3,220		21,772
Vilmorin & Cie SA	614		36,390
Virbac SA	180		77,189
Wavestone	331		17,488
			5,554,366
Gabon - 0.0%
Total Gabon	20		3,104
Georgia - 0.1%
Bank of Georgia Group PLC (A)	2,491		52,081
Georgia Capital PLC (A)	1,145		9,262
TBC Bank Group PLC	239		4,653
			65,996
Germany - 6.4%
1&1 AG	2,192		68,907
7C Solarparken AG	3,210		13,911
Aareal Bank AG	2,902		80,473

International Small Company Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Germany (continued)
Adesso SE	90	$	18,262
ADVA Optical Networking SE (A)	3,719		53,082
AIXTRON SE	4,984		123,915
Allgeier SE	498		13,670
Amadeus Fire AG	197		40,690
Atoss Software AG	218		45,259
Aurubis AG	1,823		136,903
Basler AG	162		27,072
BayWa AG	1,025		43,171
Bechtle AG	294		20,108
Bertrandt AG	394		22,856
Bijou Brigitte AG (A)	340		9,290
Bilfinger SE	1,781		61,870
Borussia Dortmund GmbH & Company KGaA (A)(B)	3,564		19,892
CANCOM SE	2,024		119,552
CECONOMY AG (A)	8,144		34,990
CENIT AG	446		7,204
Cewe Stiftung & Company KGAA	268		35,890
Commerzbank AG (A)	11,272		74,662
CompuGroup Medical SE & Company KgaA	1,368		112,573
CropEnergies AG	1,544		21,453
CTS Eventim AG & Company KGaA (A)	704		52,969
Dermapharm Holding SE	849		81,703
Deutsche Beteiligungs AG	1,067		44,111
Deutsche EuroShop AG (B)	2,527		51,414
Deutsche Lufthansa AG (A)(B)	4,772		32,558
Deutsche Pfandbriefbank AG (D)	7,700		86,681
Deutz AG (A)	7,260		62,755
DIC Asset AG	3,005		53,001
Dr. Hoenle AG	420		19,703
Draegerwerk AG & Company KGaA	82		6,375
Duerr AG	2,558		109,724
Eckert & Ziegler Strahlen- und Medizintechnik AG	808		104,002
ElringKlinger AG (A)	2,576		34,400
Encavis AG	2,727		47,523
Energiekontor AG	226		15,717
Evotec SE (A)	1,588		75,298
Fielmann AG	1,241		82,536
First Sensor AG	433		21,751
flatexDEGIRO AG (A)	2,072		43,850
Fraport AG Frankfurt Airport Services Worldwide (A)(B)	1,626		112,575
Freenet AG	6,277		164,236
Fuchs Petrolub SE	1,085		39,595
GEA Group AG	7,088		323,703
Gerresheimer AG	1,515		148,237
GFT Technologies SE	961		31,659
GRENKE AG (B)	500		21,383
H&R GmbH & Company KGaA (A)	1,324		14,350
Hamburger Hafen und Logistik AG	1,330		29,843
Heidelberger Druckmaschinen AG (A)	18,003		40,881
Hella GmbH & Company KGaA (A)	1,867		130,013
HOCHTIEF AG	134		10,683
Hornbach Baumarkt AG	590		26,669
Hornbach Holding AG & Company KGaA	497		64,441
HUGO BOSS AG	3,312		198,389
Hypoport SE (A)	149		99,960
Indus Holding AG	975		37,463
Instone Real Estate Group SE (D)	2,299		65,542
IVU Traffic Technologies AG	728		16,113

 

112

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

International Small Company Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Germany (continued)
Jenoptik AG	2,990	$	100,763
JOST Werke AG (D)	517		29,309
K+S AG (A)	9,654		154,849
Kloeckner & Company SE (A)	5,538		68,924
Koenig & Bauer AG (A)	912		27,845
Krones AG	775		75,628
KWS Saat SE & Company KGaA	607		48,467
LANXESS AG	4,346		293,721
Leifheit AG	437		17,586
Leoni AG (A)	2,398		37,626
LPKF Laser & Electronics AG	1,100		24,982
Manz AG (A)	233		13,118
Medigene AG (A)	760		3,351
Medios AG (A)	440		18,687
METRO AG	3,100		40,220
MLP SE	5,864		48,621
Nagarro SE (A)	498		87,097
New Work SE	128		31,342
Nexus AG	866		71,694
Nordex SE (A)(B)	6,207		104,203
Norma Group SE	1,576		66,327
OHB SE	399		17,631
PATRIZIA AG	2,719		71,754
Pfeiffer Vacuum Technology AG	256		54,560
PNE AG	3,180		27,529
ProSiebenSat.1 Media SE	10,428		190,522
PSI Software AG	815		35,311
PVA TePla AG (A)	629		27,334
q.beyond AG (A)	6,549		15,209
Rheinmetall AG	2,219		216,747
SAF-Holland SE (A)	3,149		42,434
Salzgitter AG (A)	1,978		66,262
Schaltbau Holding AG (A)	373		23,115
Scout24 AG (D)	2,989		207,025
Secunet Security Networks AG	53		26,378
SGL Carbon SE (A)	3,072		33,298
Siltronic AG	981		154,697
Sirius Real Estate, Ltd.	40,212		70,610
Sixt SE (A)	694		105,732
SMA Solar Technology AG (B)	563		24,084
Software AG	2,610		121,307
STRATEC SE	407		57,463
Stroeer SE & Company KGaA	1,454		119,744
Suedzucker AG	3,535		56,665
SUESS MicroTec SE (A)	1,803		46,410
TAG Immobilien AG	7,456		218,000
Takkt AG	1,848		29,209
Technotrans SE	530		16,982
thyssenkrupp AG (A)	14,670		154,312
Traffic Systems SE	106		5,510
va-Q-Tec AG (A)	318		10,648
Varta AG (B)	624		83,625
VERBIO Vereinigte BioEnergie AG	1,482		97,350
Vossloh AG	859		45,758
Wacker Chemie AG	495		92,078
Wacker Neuson SE	2,039		58,787
Washtec AG	611		38,397
Westwing Group AG (A)	385		14,421
Wuestenrot & Wuerttembergische AG	1,566		33,158
Zeal Network SE	569		26,942
zooplus AG (A)	349		196,219
			8,105,038
Gibraltar - 0.1%
888 Holdings PLC	15,858		91,432

International Small Company Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Greece - 0.0%
Alapis Holding Industrial & Commercial SA of Pharmaceutical Chemical Products (A)(C)	3,303	$	71
TT Hellenic Postbank SA (A)(C)	12,594		0
			71
Guernsey, Channel Islands - 0.0%
Raven Property Group, Ltd. (A)	4,994		2,197
Hong Kong - 2.1%
3D-Gold Jewellery Holdings, Ltd. (A)(C)	90,000		0
Aidigong Maternal & Child Health, Ltd. (A)(B)	108,000		12,439
Allied Group, Ltd.	120,000		43,434
APAC Resources, Ltd.	15,396		2,667
Apollo Future Mobility Group, Ltd. (A)(B)	56,000		3,659
Asia Financial Holdings, Ltd.	14,000		5,921
ASM Pacific Technology, Ltd.	9,300		101,522
Associated International Hotels, Ltd.	28,000		45,966
Blue River Holdings, Ltd. (A)(C)	74,400		2,351
BOE Varitronix, Ltd.	18,000		17,127
Brightoil Petroleum Holdings, Ltd. (A)(C)	117,000		12,963
Burwill Holdings, Ltd. (A)(C)	292,000		1,200
Cafe de Coral Holdings, Ltd.	18,000		32,945
Cathay Pacific Airways, Ltd. (A)(B)	49,000		40,934
Chen Hsong Holdings	10,000		3,007
Cheuk Nang Holdings, Ltd.	3,708		1,300
China Energy Development Holdings, Ltd. (A)	634,000		8,826
China Solar Energy Holdings, Ltd. (A)(C)	42,500		0
China Strategic Holdings, Ltd. (A)	885,000		6,864
Chinese Estates Holdings, Ltd.	22,000		8,204
Chong Hing Bank, Ltd. (B)(C)	10,000		26,848
Chow Sang Sang Holdings International, Ltd.	22,000		32,821
Chuang's Consortium International, Ltd.	30,948		3,432
CITIC Telecom International Holdings, Ltd.	59,000		20,067
CMBC Capital Holdings, Ltd. (B)	430,000		5,400
C-Mer Eye Care Holdings, Ltd.	18,000		18,417
Crystal International Group, Ltd. (D)	19,000		6,888
CSI Properties, Ltd.	245,066		7,066
Dah Sing Banking Group, Ltd.	18,000		16,486
Dah Sing Financial Holdings, Ltd.	6,520		19,520
Dynamic Holdings, Ltd.	8,000		13,435
EC Healthcare	6,000		8,050
EganaGoldpfeil Holdings, Ltd. (A)(C)	103,373		0
Emperor Capital Group, Ltd. (A)	192,000		2,862
Emperor Entertainment Hotel, Ltd.	40,000		4,428
Emperor International Holdings, Ltd.	97,333		12,601
Esprit Holdings, Ltd. (A)	176,850		15,700
Fairwood Holdings, Ltd.	3,500		7,498
Far East Consortium International, Ltd.	86,473		29,303
First Pacific Company, Ltd.	146,000		52,485
Giordano International, Ltd.	82,000		15,924
Gold-Finance Holdings, Ltd. (A)(C)	62,000		0
Great Eagle Holdings, Ltd.	10,197		27,948
G-Resources Group, Ltd. (A)	33,580		12,682
Guotai Junan International Holdings, Ltd.	207,000		32,791
Haitong International Securities Group, Ltd.	114,070		30,061
Hang Lung Group, Ltd.	31,000		72,262
Hanison Construction Holdings, Ltd.	27,441		4,586
Harbour Centre Development, Ltd.	38,000		34,644

 

113

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

International Small Company Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Hong Kong (continued)
HKBN, Ltd.	36,000	$	42,489
HKR International, Ltd.	51,920		20,542
Hong Kong Ferry Holdings Company, Ltd.	29,000		20,190
Hong Kong Technology Venture Company, Ltd.	28,000		39,412
Hongkong Chinese, Ltd.	66,000		5,039
Hsin Chong Group Holdings, Ltd. (A)(C)	170,000		7,643
Hutchison Port Holdings Trust	161,400		38,517
Hutchison Telecommunications Hong Kong Holdings, Ltd.	80,000		12,382
Hysan Development Company, Ltd.	25,000		81,294
Johnson Electric Holdings, Ltd.	20,883		44,475
K Wah International Holdings, Ltd.	80,000		32,292
Kerry Logistics Network, Ltd. (B)	24,000		51,236
Kerry Properties, Ltd.	28,500		74,968
Kingston Financial Group, Ltd. (A)	38,000		1,942
Kowloon Development Company, Ltd.	22,000		24,396
Lai Sun Development Company, Ltd. (A)	22,980		13,506
Landing International Development, Ltd. (A)	75,600		2,329
Langham Hospitality Investments, Ltd. (A)	22,500		2,468
Lifestyle International Holdings, Ltd. (A)	25,000		13,570
Lippo China Resources, Ltd.	36,000		647
Liu Chong Hing Investment, Ltd.	16,000		15,736
Luk Fook Holdings International, Ltd.	15,000		38,423
Mandarin Oriental International, Ltd. (A)	8,000		16,627
Mason Group Holdings, Ltd. (A)	1,548,800		4,634
Melco International Development, Ltd. (A)	33,000		38,874
MH Development, Ltd. (A)(C)	16,000		1,073
Midland Holdings, Ltd. (A)	34,734		5,334
Miramar Hotel & Investment	15,000		25,132
Modern Dental Group, Ltd.	20,000		20,392
NewOcean Energy Holdings, Ltd. (A)(B)	66,000		2,791
NWS Holdings, Ltd.	52,000		47,866
Oshidori International Holdings, Ltd. (A)	204,000		13,356
Pacific Andes International Holdings, Ltd. (A)(C)	328,006		0
Pacific Basin Shipping, Ltd.	239,000		110,618
Pacific Century Premium Developments, Ltd. (A)	2,376		183
Pacific Textiles Holdings, Ltd.	42,000		21,155
Paliburg Holdings, Ltd. (A)	46,000		11,843
PCCW, Ltd.	156,590		80,356
Peace Mark Holdings, Ltd. (A)(C)	164,000		0
Perfect Medical Health Management, Ltd.	32,000		24,301
Pico Far East Holdings, Ltd.	60,000		9,307
Public Financial Holdings, Ltd.	24,000		7,619
Regal Hotels International Holdings, Ltd. (A)	36,000		14,457
Regina Miracle International Holdings, Ltd. (D)	17,000		5,957
Shangri-La Asia, Ltd. (A)	46,000		36,543
Shenwan Hongyuan HK, Ltd.	20,000		2,667
Shun Tak Holdings, Ltd. (A)	80,250		21,484
Singamas Container Holdings, Ltd.	114,000		13,303
SJM Holdings, Ltd. (A)	67,000		45,538
SmarTone Telecommunications Holdings, Ltd.	31,500		17,809
Solomon Systech International, Ltd.	72,000		6,581
South China Holdings Company, Ltd. (A)	640,000		8,050

International Small Company Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Hong Kong (continued)
Stella International Holdings, Ltd.	20,000	$	25,459
Summit Ascent Holdings, Ltd. (A)(B)	90,000		6,101
Sun Hung Kai & Company, Ltd.	45,000		23,176
SUNeVision Holdings, Ltd.	18,000		16,925
Tao Heung Holdings, Ltd.	14,000		1,644
Television Broadcasts, Ltd. (A)	19,100		15,039
Texhong Textile Group, Ltd.	4,000		5,761
Texwinca Holdings, Ltd.	60,000		12,232
The Bank of East Asia, Ltd.	10,200		16,444
The Hongkong & Shanghai Hotels, Ltd. (A)	31,903		29,782
The United Laboratories International Holdings, Ltd.	42,000		27,854
Theme International Holdings, Ltd. (A)	90,000		10,473
Town Health International Medical Group, Ltd. (A)	261,361		19,393
Tradelink Electronic Commerce, Ltd.	50,000		7,270
Transport International Holdings, Ltd.	11,721		20,454
Upbest Group, Ltd.	164,000		17,460
Value Partners Group, Ltd.	40,000		20,113
Vitasoy International Holdings, Ltd.	26,000		65,892
VSTECS Holdings, Ltd.	21,200		18,980
VTech Holdings, Ltd.	6,900		50,176
Wai Kee Holdings, Ltd.	24,000		11,236
Wealthking Investments, Ltd. (A)	32,000		3,297
Wing On Company International, Ltd.	4,000		9,334
Wing Tai Properties, Ltd.	70,000		37,698
Yue Yuen Industrial Holdings, Ltd. (A)	30,000		60,786
Yunfeng Financial Group, Ltd. (A)(B)	26,000		7,255
Zensun Enterprises, Ltd.	21,000		15,890
Zhaobangji Properties Holdings, Ltd. (A)	88,000		5,079
			2,644,083
Ireland - 0.7%
AIB Group PLC (A)	9,959		26,839
Bank of Ireland Group PLC (A)	6,056		35,917
Bank of Ireland Group PLC (London Stock Exchange) (A)	33,477		195,074
C&C Group PLC (A)	17,093		54,186
Cairn Homes PLC	15,034		19,868
Cairn Homes PLC (London Stock Exchange)	9,684		12,738
COSMO Pharmaceuticals NV (A)	362		31,242
Dalata Hotel Group PLC (A)	6,155		29,314
FBD Holdings PLC (A)	778		7,049
Glanbia PLC	7,811		128,809
Glanbia PLC (London Stock Exchange)	1,213		20,063
Glenveagh Properties PLC (A)(D)	13,838		17,769
Grafton Group PLC	11,437		194,371
Greencore Group PLC (A)	23,830		45,210
Hostelworld Group PLC (A)(D)	3,065		3,380
Irish Continental Group PLC (A)	5,309		26,405
Keywords Studios PLC (A)	1,446		56,840
Permanent TSB Group Holdings PLC (A)	5,786		9,787
			914,861
Isle of Man - 0.1%
Hansard Global PLC	6,816		5,030
Playtech PLC (A)	15,546		98,170
Strix Group PLC	6,042		27,685
			130,885
Israel - 1.5%
AFI Properties, Ltd. (A)	603		31,222
Africa Israel Residences, Ltd.	201		10,631
Airport City, Ltd. (A)	1,655		29,819

 

114

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

International Small Company Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Israel (continued)
Allot, Ltd. (A)	2,103	$	31,239
Alrov Properties and Lodgings, Ltd. (A)	399		18,885
Ashtrom Group, Ltd.	2,084		47,961
AudioCodes, Ltd.	1,136		36,965
Azorim-Investment Development & Construction Company, Ltd. (A)	3,848		16,427
Bet Shemesh Engines Holdings 1997, Ltd. (A)	358		7,781
BioLine RX, Ltd. (A)	48,850		8,945
Blue Square Real Estate, Ltd.	215		16,022
Camtek, Ltd. (A)	1,035		42,950
Carasso Motors, Ltd.	2,020		10,764
Cellcom Israel, Ltd. (A)	2,791		9,699
Clal Insurance Enterprises Holdings, Ltd. (A)	1,967		41,901
Danel Adir Yeoshua, Ltd.	184		35,864
Delek Automotive Systems, Ltd.	1,858		23,535
Delek Group, Ltd. (A)	277		19,594
Delta Galil Industries, Ltd.	618		30,763
Electra Consumer Products 1970, Ltd.	445		21,647
Electra Real Estate, Ltd.	1,543		22,957
Electra, Ltd.	91		57,151
Energix-Renewable Energies, Ltd.	5,903		24,899
Enlight Renewable Energy, Ltd. (A)	35,332		76,427
Equital, Ltd. (A)	992		27,930
Evogene, Ltd. (A)	3,768		9,948
Fattal Holdings 1998, Ltd. (A)	137		12,298
Formula Systems 1985, Ltd.	549		53,557
Fox Wizel, Ltd.	488		61,281
Gav-Yam Lands Corp., Ltd.	5,000		50,883
Gilat Satellite Networks, Ltd.	1,452		12,882
Hadera Paper, Ltd.	244		17,800
Harel Insurance Investments & Financial Services, Ltd.	4,995		51,516
Hilan, Ltd.	803		45,132
IDI Insurance Company, Ltd.	440		15,368
Inrom Construction Industries, Ltd.	4,264		21,127
Isracard, Ltd.	6,691		27,844
Israel Canada T.R., Ltd.	3,667		15,847
Israel Land Development - Urban Renewal, Ltd.	789		9,742
Isras Investment Company, Ltd.	142		32,005
Kamada, Ltd. (A)	1,616		8,554
Kerur Holdings, Ltd.	418		12,107
M Yochananof & Sons, Ltd.	155		11,154
Magic Software Enterprises, Ltd.	1,349		26,678
Malam - Team, Ltd.	476		15,474
Matrix IT, Ltd.	2,095		55,781
Maytronics, Ltd.	316		7,442
Mediterranean Towers, Ltd.	4,044		12,476
Mega Or Holdings, Ltd.	757		28,090
Mehadrin, Ltd. (A)	15		678
Menora Mivtachim Holdings, Ltd.	1,766		36,422
Migdal Insurance & Financial Holdings, Ltd. (A)	27,734		40,599
Mivtach Shamir Holdings, Ltd.	397		12,855
Naphtha Israel Petroleum Corp., Ltd. (A)	2,030		9,804
Nawi Brothers, Ltd.	1,396		11,352
Neto Malinda Trading, Ltd. (A)	451		12,105
Novolog, Ltd.	20,186		18,246
Oil Refineries, Ltd. (A)	102,102		23,015
One Software Technologies, Ltd.	1,700		27,369
OPC Energy, Ltd. (A)	1,963		17,881
Partner Communications Company, Ltd. (A)	6,688		31,000

International Small Company Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Israel (continued)
Paz Oil Company, Ltd. (A)	525	$	57,010
Perion Network, Ltd. (A)	1,368		23,872
Plasson Industries, Ltd.	241		16,976
Plus500, Ltd.	4,106		76,737
Priortech, Ltd. (A)	398		12,850
Rami Levy Chain Stores Hashikma Marketing 2006, Ltd.	449		32,230
Sano-Brunos Enterprises, Ltd.	145		15,413
Scope Metals Group, Ltd.	377		16,708
Shufersal, Ltd.	1,535		12,442
Summit Real Estate Holdings, Ltd. (A)	2,363		41,321
Tadiran Group, Ltd.	86		10,421
Tel Aviv Stock Exchange, Ltd.	3,160		16,744
Tera Light, Ltd. (A)	1,766		5,483
Tiv Taam Holdings 1, Ltd.	3,848		10,854
YH Dimri Construction & Development, Ltd.	285		20,333
			1,927,684
Italy - 3.4%
A2A SpA	74,015		151,666
ACEA SpA	2,494		53,246
Anima Holding SpA (D)	14,880		70,903
Aquafil SpA (A)	969		7,994
Arnoldo Mondadori Editore SpA (A)	12,613		26,371
Ascopiave SpA	4,243		17,039
Avio SpA	877		11,032
Azimut Holding SpA	5,291		144,939
Banca Generali SpA (A)	3,053		133,432
Banca IFIS SpA	1,607		30,958
Banca Mediolanum SpA	7,222		77,767
Banca Popolare di Sondrio SCPA	25,315		107,549
Banca Profilo SpA	24,032		5,664
Banco BPM SpA	178,033		290,070
Banco di Desio e della Brianza SpA	2,610		9,673
BFF Bank SpA (D)	8,562		82,990
BPER Banca	48,081		107,033
Brembo SpA	4,615		58,144
Brunello Cucinelli SpA (A)	1,411		77,389
Buzzi Unicem SpA	4,670		106,076
Cairo Communication SpA	4,712		9,344
Carel Industries SpA (D)	862		23,444
Cementir Holding NV	4,165		40,351
CIR SpA-Compagnie Industriali (A)	60,979		34,185
Credito Emiliano SpA	6,238		43,508
Danieli & C Officine Meccaniche SpA	788		22,656
Danieli & C Officine Meccaniche SpA, Savings Shares	2,118		40,344
De' Longhi SpA	2,969		106,599
DeA Capital SpA (A)	4,665		6,874
doValue SpA (D)	1,965		22,677
Enav SpA (A)(D)	2,539		11,855
ERG SpA	2,919		86,654
Esprinet SpA	3,554		46,407
Eurotech SpA (A)	1,562		9,061
Fincantieri SpA (A)	18,635		15,302
Geox SpA (A)	8,390		10,261
Gruppo MutuiOnline SpA	1,697		83,762
Hera SpA	41,143		167,740
Illimity Bank SpA (A)	2,635		41,467
IMMSI SpA (A)(B)	6,756		3,812
Interpump Group SpA	2,130		137,276
Iren SpA	30,720		91,050
Italgas SpA	24,861		158,966
Italmobiliare SpA	1,039		35,580
Juventus Football Club SpA (A)(B)	30,558		25,520

 

115

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

International Small Company Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Italy (continued)
La Doria SpA	503	$	9,790
Leonardo SpA (A)	17,860		146,061
Maire Tecnimont SpA	10,323		40,008
Mediaset NV	18,917		54,095
OVS SpA (A)(D)	11,708		30,930
Pharmanutra SpA	268		19,323
Piaggio & C SpA	11,658		40,238
Pirelli & C. SpA (D)	17,419		101,906
Prima Industrie SpA (A)	178		3,739
RAI Way SpA (D)	5,678		34,315
Reno de Medici SpA	15,969		26,585
Reply SpA	1,027		188,515
Sabaf SpA	338		8,180
Safilo Group SpA (A)	2,378		3,959
Saipem SpA (A)(B)	30,422		74,653
Salvatore Ferragamo SpA (A)	2,452		50,010
Saras SpA (A)	28,012		27,194
Sesa SpA	391		70,360
Societa Cattolica Di Assicurazione SPA (A)	7,555		61,598
Sogefi SpA (A)	3,551		5,309
SOL SpA	2,802		61,436
Tamburi Investment Partners SpA	5,435		57,509
Technogym SpA (D)	6,815		76,123
Tinexta SpA	1,069		44,586
Tod's SpA (A)	590		31,252
Unieuro SpA (D)	1,088		23,752
Unipol Gruppo SpA	18,665		108,476
UnipolSai Assicurazioni SpA	9,024		25,301
Webuild SpA	14,544		36,890
Zignago Vetro SpA	1,669		32,925
			4,339,648
Japan - 23.7%
A&D Company, Ltd.	900		8,454
Access Company, Ltd. (A)	2,300		20,580
Achilles Corp.	1,000		12,058
Adastria Company, Ltd.	920		16,907
ADEKA Corp.	4,700		105,612
Ad-sol Nissin Corp.	800		16,530
Advan Group Company, Ltd.	1,000		8,731
Aeon Delight Company, Ltd.	800		25,419
Aeon Fantasy Company, Ltd.	400		7,735
AEON Financial Service Company, Ltd.	2,900		36,721
Aeon Hokkaido Corp.	1,800		19,993
Aeria, Inc. (B)	700		2,789
Ai Holdings Corp.	1,900		40,166
Aica Kogyo Company, Ltd.	1,300		44,472
Aichi Corp.	3,200		21,862
Aichi Steel Corp.	700		16,650
Aida Engineering, Ltd.	4,500		42,279
Aiful Corp.	15,500		51,952
Ain Holdings, Inc.	1,100		68,535
Aiphone Company, Ltd.	600		13,018
Airport Facilities Company, Ltd.	1,200		6,483
Aisan Industry Company, Ltd.	2,500		18,712
Aizawa Securities Company, Ltd.	2,400		21,561
Akatsuki, Inc.	400		11,427
Akebono Brake Industry Company, Ltd. (A)	9,400		18,399
Albis Company, Ltd.	500		10,657
Alconix Corp.	1,600		23,115
Alpen Company, Ltd.	1,100		30,576
Alps Alpine Company, Ltd. (B)	9,700		105,102
Altech Corp.	1,100		20,245
Amano Corp.	2,200		56,249

International Small Company Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Japan (continued)
Amuse, Inc.	400	$	8,483
Amvis Holdings, Inc.	300		21,461
Anest Iwata Corp.	1,800		14,955
Anicom Holdings, Inc.	3,700		31,236
Anritsu Corp. (B)	5,100		91,011
AOKI Holdings, Inc.	3,100		20,110
Aoyama Trading Company, Ltd. (A)	2,500		18,907
Aozora Bank, Ltd.	1,300		31,790
Arakawa Chemical Industries, Ltd.	1,400		15,348
Arata Corp.	700		27,591
Arcland Service Holdings Company, Ltd.	1,000		21,388
Arcs Company, Ltd.	2,125		43,160
Arealink Company, Ltd.	500		6,543
Argo Graphics, Inc.	1,000		29,663
Arisawa Manufacturing Company, Ltd.	2,900		23,091
ARTERIA Networks Corp.	1,600		23,546
ArtSpark Holdings, Inc.	3,200		26,580
Aruhi Corp.	1,800		20,985
As One Corp.	200		29,165
Asahi Company, Ltd.	800		9,556
Asahi Diamond Industrial Company, Ltd.	3,900		23,392
Asahi Holdings, Inc.	3,600		65,172
Asahi Yukizai Corp.	1,200		15,821
Asanuma Corp.	700		28,750
Asia Pile Holdings Corp.	3,300		14,184
ASKA Pharmaceutical Holdings Company, Ltd.	1,600		15,280
ASKUL Corp.	2,000		29,326
Atrae, Inc. (A)	600		12,713
Atsugi Company, Ltd. (A)	1,200		6,915
Autobacs Seven Company, Ltd.	3,000		39,848
Aval Data Corp.	600		16,986
Avant Corp.	900		12,320
Avex, Inc.	900		12,043
Axell Corp.	100		667
Axial Retailing, Inc.	800		27,112
Bando Chemical Industries, Ltd.	2,500		20,623
Bank of the Ryukyus, Ltd.	3,000		21,064
Belc Company, Ltd.	500		26,200
Bell System24 Holdings, Inc.	2,400		35,706
Belluna Company, Ltd.	3,300		25,093
Benesse Holdings, Inc.	3,700		83,668
BeNext-Yumeshin Group Company	2,185		25,524
Bengo4.com, Inc. (A)(B)	300		17,165
Bic Camera, Inc.	3,500		33,363
BML, Inc.	1,000		37,935
Bourbon Corp.	500		10,835
Br. Holdings Corp.	2,300		9,559
BrainPad, Inc. (A)	300		15,926
Broadleaf Company, Ltd.	4,600		23,607
Bunka Shutter Company, Ltd.	5,000		50,403
Business Brain Showa-Ota, Inc.	700		11,205
C Uyemura & Company, Ltd.	800		32,378
CAC Holdings Corp.	900		13,304
Can Do Company, Ltd.	900		15,382
Canon Electronics, Inc.	1,700		25,452
Carenet, Inc.	1,200		14,920
Carlit Holdings Company, Ltd.	2,100		16,665
Cawachi, Ltd.	900		18,226
CellSource Company, Ltd. (A)	200		33,958
Central Glass Company, Ltd.	1,900		35,306
Central Security Patrols Company, Ltd.	700		18,143
Central Sports Company, Ltd.	600		13,909
Charm Care Corp. KK	1,000		15,995

 

116

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

International Small Company Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Japan (continued)
Chilled & Frozen Logistics Holdings Company, Ltd.	1,600	$	24,098
Chino Corp.	400		5,336
Chiyoda Company, Ltd.	800		6,097
Chiyoda Corp. (A)	9,100		31,877
Chiyoda Integre Company, Ltd.	800		14,602
Chofu Seisakusho Company, Ltd.	1,700		31,942
Chori Company, Ltd.	1,200		20,428
Chubu Shiryo Company, Ltd.	2,000		20,440
Chudenko Corp.	1,900		38,371
Chuetsu Pulp & Paper Company, Ltd.	500		5,438
Chugai Ro Company, Ltd.	500		7,949
Chugoku Marine Paints, Ltd.	4,000		29,948
CI Takiron Corp.	3,000		17,003
Citizen Watch Company, Ltd.	16,000		73,308
CKD Corp.	2,400		51,044
Cleanup Corp.	2,100		10,916
CMIC Holdings Company, Ltd.	1,200		16,044
CMK Corp.	3,700		14,255
COLOPL, Inc.	3,200		23,027
Computer Engineering & Consulting, Ltd.	1,800		21,164
Comture Corp.	1,000		27,740
CONEXIO Corp.	1,300		18,078
COOKPAD, Inc. (A)	2,700		5,978
Corona Corp.	300		2,449
Cosel Company, Ltd.	1,200		10,232
Cosmo Energy Holdings Company, Ltd.	2,900		65,655
Cota Company, Ltd.	484		7,209
CRE, Inc.	800		17,223
Create Restaurants Holdings, Inc. (A)	2,500		22,211
Create SD Holdings Company, Ltd.	1,700		57,133
Credit Saison Company, Ltd.	6,100		79,988
Cresco, Ltd.	800		14,479
CROOZ, Inc. (A)	600		7,156
CTS Company, Ltd.	1,900		13,667
Curves Holdings Company, Ltd.	600		4,983
Cybozu, Inc.	900		19,550
Dai Nippon Toryo Company, Ltd.	1,200		9,330
Daibiru Corp.	3,400		49,977
Daicel Corp.	9,100		70,854
Dai-Dan Company, Ltd.	1,000		23,649
Daido Metal Company, Ltd.	1,900		10,439
Daido Steel Company, Ltd.	1,300		55,137
Daidoh, Ltd. (A)	2,000		3,065
Daihen Corp.	1,100		48,453
Daiho Corp.	800		27,293
Daiichi Jitsugyo Company, Ltd.	400		17,823
Daiichi Kigenso Kagaku-Kogyo Company, Ltd.	1,800		25,074
Daiichikosho Company, Ltd.	600		22,216
Daiken Corp.	1,000		20,950
Daiken Medical Company, Ltd.	400		2,198
Daiki Aluminium Industry Company, Ltd.	3,000		44,620
Daikoku Denki Company, Ltd.	800		9,090
Daikokutenbussan Company, Ltd.	300		17,639
Daikyonishikawa Corp.	1,900		11,054
Dainichiseika Color & Chemicals Manufacturing Company, Ltd.	300		7,366
Daiseki Company, Ltd.	2,160		94,334
Daishi Hokuetsu Financial Group, Inc.	2,200		49,921
Daishinku Corp.	400		14,064
Daito Pharmaceutical Company, Ltd.	700		20,990
Daitron Company, Ltd.	600		12,229

International Small Company Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Japan (continued)
Daiwa Industries, Ltd.	2,000	$	22,238
Daiwabo Holdings Company, Ltd.	4,000		64,045
DCM Holdings Company, Ltd.	6,500		62,967
DeNA Company, Ltd.	4,300		79,760
Densan System Holdings Company, Ltd.	700		17,976
Denyo Company, Ltd.	900		17,245
Dexerials Corp.	3,500		68,658
DIC Corp.	2,000		56,412
Digital Arts, Inc.	700		56,416
Digital Garage, Inc.	1,600		72,993
Digital Hearts Holdings Company, Ltd.	900		16,080
Digital Holdings, Inc.	600		9,929
Dip Corp.	1,500		57,235
DKK Company, Ltd.	1,000		22,708
DKS Company, Ltd.	400		11,533
DMG Mori Company, Ltd.	4,600		85,859
Doshisha Company, Ltd.	1,700		26,680
Doutor Nichires Holdings Company, Ltd.	2,300		36,340
Dowa Holdings Company, Ltd.	1,900		74,630
DTS Corp.	1,800		41,369
Duskin Company, Ltd.	2,100		48,772
DyDo Group Holdings, Inc.	700		35,698
Eagle Industry Company, Ltd.	2,200		24,318
Earth Corp.	800		48,835
Ebara Jitsugyo Company, Ltd.	800		18,988
Ebase Company, Ltd.	1,200		9,106
EDION Corp. (B)	5,000		47,130
EF-ON, Inc.	1,500		11,407
eGuarantee, Inc.	1,300		28,894
E-Guardian, Inc.	900		24,290
Eiken Chemical Company, Ltd.	1,800		33,785
Eizo Corp.	800		30,560
Elan Corp.	2,800		32,501
Elecom Company, Ltd.	1,600		25,709
Electric Power Development Company, Ltd.	2,000		28,674
Elematec Corp.	1,400		14,285
Enigmo, Inc.	2,400		26,735
en-japan, Inc.	1,200		43,349
Enplas Corp.	600		16,888
eRex Company, Ltd.	1,900		42,200
ESPEC Corp.	1,600		33,735
Exedy Corp.	1,900		28,989
Ezaki Glico Company, Ltd.	1,100		41,727
FAN Communications, Inc.	2,000		8,096
FCC Company, Ltd.	2,200		30,993
Feed One Company, Ltd.	1,600		10,770
Ferrotec Holdings Corp.	1,600		45,223
FIDEA Holdings Company, Ltd.	2,140		24,343
Fields Corp.	1,500		7,287
Fixstars Corp.	2,000		14,133
Foster Electric Company, Ltd.	2,100		17,327
France Bed Holdings Company, Ltd.	2,200		18,199
Fronteo, Inc.	1,900		30,143
Fudo Tetra Corp.	1,080		17,375
Fuji Company, Ltd.	1,400		27,352
Fuji Corp. (Aichi)	2,600		66,022
Fuji Corp., Ltd.	1,300		8,485
Fuji Kyuko Company, Ltd.	600		25,736
Fuji Media Holdings, Inc.	1,000		10,582
Fuji Oil Company, Ltd.	4,400		10,579
Fuji Oil Holdings, Inc.	2,500		58,631
Fuji Pharma Company, Ltd.	1,400		14,674
Fuji Seal International, Inc.	2,100		45,315
Fuji Soft, Inc.	900		47,120

 

117

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

International Small Company Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Japan (continued)
Fujibo Holdings, Inc.	700	$	26,439
Fujicco Company, Ltd.	1,500		26,028
Fujikura Kasei Company, Ltd.	2,000		9,767
Fujikura, Ltd. (A)	11,000		64,524
Fujimi, Inc.	500		28,801
Fujimori Kogyo Company, Ltd.	800		34,678
Fujisash Company, Ltd.	4,900		3,379
Fujitec Company, Ltd.	1,900		44,269
Fujiya Company, Ltd.	500		10,904
Fukuda Corp.	200		8,995
Fukuda Denshi Company, Ltd.	500		43,695
Fukui Computer Holdings, Inc.	300		11,611
Fukushima Galilei Company, Ltd.	500		22,123
Fukuyama Transporting Company, Ltd.	1,000		43,657
FULLCAST Holdings Company, Ltd.	1,000		20,297
Funai Soken Holdings, Inc.	1,800		48,707
Furukawa Company, Ltd.	1,900		20,711
Furukawa Electric Company, Ltd.	3,400		74,454
Furuno Electric Company, Ltd.	2,400		27,099
Furyu Corp.	1,300		20,737
Fuso Chemical Company, Ltd.	1,000		45,300
Fuso Pharmaceutical Industries, Ltd.	500		11,295
Futaba Corp.	1,600		11,315
Futaba Industrial Company, Ltd.	3,400		14,455
Future Corp.	1,200		29,847
Fuyo General Lease Company, Ltd.	900		61,909
G-7 Holdings, Inc.	2,000		36,622
Gakken Holdings Company, Ltd.	1,600		17,454
GCA Corp.	1,900		23,668
Gecoss Corp.	400		3,153
Genki Sushi Company, Ltd. (B)	500		13,319
Genky DrugStores Company, Ltd.	600		26,504
Geo Holdings Corp.	2,700		30,444
Giftee, Inc. (A)	600		21,533
GLOBERIDE, Inc.	1,200		42,120
Glory, Ltd.	2,100		46,827
GMO Financial Holdings, Inc.	1,600		12,155
GMO GlobalSign Holdings KK (B)	500		19,802
GNI Group, Ltd. (A)	2,100		30,872
Goldcrest Company, Ltd.	990		15,010
Golf Digest Online, Inc.	800		9,776
Grace Technology, Inc.	1,700		15,237
Gree, Inc.	6,100		33,601
Gremz, Inc.	800		21,235
GS Yuasa Corp.	3,000		67,831
G-Tekt Corp.	1,200		15,620
Gumi, Inc. (B)	1,700		12,309
Gun-Ei Chemical Industry Company, Ltd.	400		11,485
GungHo Online Entertainment, Inc.	2,000		36,672
Gunze, Ltd.	800		31,149
H.U. Group Holdings, Inc.	2,200		59,760
H2O Retailing Corp.	4,900		42,354
Hagihara Industries, Inc.	800		11,995
Hagiwara Electric Holdings Company, Ltd.	500		9,871
Hakuto Company, Ltd.	1,300		21,125
Halows Company, Ltd.	600		15,251
Hamakyorex Company, Ltd.	1,000		30,016
Hanwa Company, Ltd.	1,600		49,451
Happinet Corp.	1,000		13,466
Hazama Ando Corp.	10,090		72,347
Heiwa Corp.	2,700		50,545
Heiwa Real Estate Company, Ltd.	1,500		52,037
Heiwado Company, Ltd.	2,000		38,849

International Small Company Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Japan (continued)
Hennge KK (A)(B)	500	$	26,500
Hibiya Engineering, Ltd.	1,500		26,266
HI-LEX Corp.	600		9,490
Hinokiya Group Company, Ltd.	300		6,266
Hioki EE Corp.	500		42,827
Hirano Tecseed Company, Ltd.	1,100		25,831
Hirata Corp.	500		30,589
Hirogin Holdings, Inc.	11,300		64,402
Hiroshima Gas Company, Ltd.	4,900		17,002
Hisaka Works, Ltd.	2,000		15,771
Hitachi Zosen Corp.	9,000		68,805
Hochiki Corp.	600		6,468
Hodogaya Chemical Company, Ltd.	700		32,523
Hogy Medical Company, Ltd.	800		22,841
Hokkaido Electric Power Company, Inc.	11,100		52,851
Hokkaido Gas Company, Ltd.	600		8,312
Hokkan Holdings, Ltd.	1,000		12,894
Hokko Chemical Industry Company, Ltd.	700		7,125
Hokuetsu Corp.	7,900		48,380
Hokuetsu Industries Company, Ltd.	2,000		17,874
Hokuhoku Financial Group, Inc.	5,900		45,108
Hokuriku Electric Power Company	9,400		50,675
Hokuto Corp.	1,600		28,188
H-One Company, Ltd.	1,000		6,534
Honeys Holdings Company, Ltd.	1,350		13,332
Hoosiers Holdings	3,400		20,552
Hosiden Corp.	3,900		33,613
Hosokawa Micron Corp.	1,000		31,178
Ichibanya Company, Ltd.	800		32,671
Ichigo, Inc.	15,700		51,650
Ichikoh Industries, Ltd.	2,300		12,327
Ichinen Holdings Company, Ltd.	1,900		22,276
Ichiyoshi Securities Company, Ltd.	2,800		17,215
Icom, Inc.	500		10,879
IDEC Corp.	1,600		31,530
IDOM, Inc.	3,900		35,143
Iino Kaiun Kaisha, Ltd.	7,300		33,959
IJTT Company, Ltd.	1,200		6,491
Ikegami Tsushinki Company, Ltd.	400		2,834
I'll, Inc.	1,100		19,214
Imasen Electric Industrial	500		3,124
Imuraya Group Company, Ltd.	300		6,233
Inaba Denki Sangyo Company, Ltd.	2,700		65,725
Inaba Seisakusho Company, Ltd.	200		2,467
Inabata & Company, Ltd.	2,000		30,951
Inageya Company, Ltd.	900		11,052
Ines Corp.	900		12,310
i-Net Corp.	900		10,993
Infocom Corp.	1,000		21,323
Infomart Corp.	8,700		78,540
Information Services International-Dentsu, Ltd.	1,400		52,858
Insource Company, Ltd.	600		11,623
Intage Holdings, Inc.	3,100		45,412
Internet Initiative Japan, Inc.	1,900		65,640
I-PEX, Inc.	500		9,108
IR Japan Holdings, Ltd.	400		44,056
Iriso Electronics Company, Ltd.	1,000		40,650
Iseki & Company, Ltd. (A)	1,200		17,793
Isetan Mitsukoshi Holdings, Ltd.	2,100		15,783
Ishihara Sangyo Kaisha, Ltd.	2,100		23,791
ITFOR, Inc.	1,000		7,725
ITmedia, Inc.	900		18,303
Itochu Enex Company, Ltd.	3,800		34,156
Itochu-Shokuhin Company, Ltd.	300		14,234

 

118

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

International Small Company Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Japan (continued)
Itoham Yonekyu Holdings, Inc.	5,100	$	33,318
Itoki Corp.	2,100		7,291
IwaiCosmo Holdings, Inc.	900		11,148
Izumi Company, Ltd. (B)	1,400		46,578
J Front Retailing Company, Ltd.	8,800		84,824
J Trust Company, Ltd.	4,900		21,782
JAC Recruitment Company, Ltd.	1,200		23,518
Jaccs Company, Ltd.	1,600		43,520
JAFCO Group Company, Ltd.	1,400		89,363
Jalux, Inc. (A)	500		8,128
Jamco Corp. (A)	500		4,955
Janome Sewing Machine Company, Ltd. (B)	1,200		7,851
Japan Asset Marketing Company, Ltd. (A)	14,200		13,243
Japan Aviation Electronics Industry, Ltd.	3,000		43,618
Japan Cash Machine Company, Ltd. (A)	700		4,685
Japan Elevator Service Holdings Company, Ltd.	2,200		50,591
Japan Investment Adviser Company, Ltd.	1,000		12,124
Japan Lifeline Company, Ltd.	2,600		31,928
Japan Material Company, Ltd.	3,700		42,893
Japan Medical Dynamic Marketing, Inc.	900		18,057
Japan Petroleum Exploration Company, Ltd.	2,000		37,445
Japan Property Management Center Company, Ltd.	800		8,603
Japan Pulp & Paper Company, Ltd.	600		20,977
Japan Securities Finance Company, Ltd.	5,500		42,515
Japan Transcity Corp.	3,100		17,275
Jastec Company, Ltd.	400		4,482
JBCC Holdings, Inc.	1,200		17,214
JCU Corp.	1,300		51,665
Jeol, Ltd.	900		65,543
JGC Holdings Corp.	10,700		99,531
Jimoto Holdings, Inc.	980		6,011
JINS Holdings, Inc.	800		58,313
JM Holdings Company, Ltd.	600		11,198
JMS Company, Ltd.	500		3,734
J-Oil Mills, Inc.	1,200		19,754
Joshin Denki Company, Ltd.	1,100		24,893
Joyful Honda Company, Ltd.	1,900		26,300
JSB Company, Ltd.	400		11,178
JSP Corp.	800		11,604
Juki Corp.	1,400		10,401
JVCKenwood Corp.	9,070		16,993
K&O Energy Group, Inc.	800		10,112
Kaga Electronics Company, Ltd.	1,100		29,653
Kagome Company, Ltd.	1,400		36,089
Kaken Pharmaceutical Company, Ltd.	1,300		53,493
Kakiyasu Honten Company, Ltd.	500		12,146
Kamakura Shinsho, Ltd.	1,200		9,217
Kameda Seika Company, Ltd.	700		27,845
Kamei Corp.	2,000		22,430
Kamigumi Company, Ltd.	700		14,670
Kanaden Corp.	1,100		9,942
Kanagawa Chuo Kotsu Company, Ltd.	700		21,653
Kanamic Network Company, Ltd.	600		3,291
Kanamoto Company, Ltd.	1,900		44,454
Kandenko Company, Ltd.	4,700		38,858
Kaneka Corp.	1,000		41,768
Kanematsu Corp.	3,500		43,287
Kanematsu Electronics, Ltd.	700		24,375
Kanto Denka Kogyo Company, Ltd.	2,000		19,048
Kasai Kogyo Company, Ltd. (A)	1,000		3,368

International Small Company Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Japan (continued)
Katakura Industries Company, Ltd.	1,700	$	25,989
Katitas Company, Ltd.	1,100		38,773
Kato Sangyo Company, Ltd.	1,100		32,573
Kato Works Company, Ltd.	400		3,124
Kawada Technologies, Inc.	200		6,935
KeePer Technical Laboratory Company, Ltd.	500		15,133
Keihanshin Building Company, Ltd.	2,000		25,260
Keiyo Company, Ltd.	3,400		24,696
Kenko Mayonnaise Company, Ltd.	900		13,160
KFC Holdings Japan, Ltd.	1,500		39,763
KH Neochem Company, Ltd.	900		24,630
Kimoto Company, Ltd. (B)	3,000		6,594
Kintetsu World Express, Inc.	1,600		40,522
Kissei Pharmaceutical Company, Ltd.	1,100		23,674
Ki-Star Real Estate Company, Ltd.	600		30,434
Kitanotatsujin Corp.	3,300		13,793
Kitz Corp.	4,600		32,383
KLab, Inc. (A)	2,100		11,747
Koa Corp.	1,700		25,930
Koatsu Gas Kogyo Company, Ltd.	3,000		20,452
Kobe Electric Railway Company, Ltd. (A)	300		9,480
Kobe Steel, Ltd.	13,000		78,758
Kohnan Shoji Company, Ltd.	1,200		39,480
Kojima Company, Ltd.	3,000		18,063
Kokuyo Company, Ltd.	3,800		64,408
Komatsu Matere Company, Ltd.	2,000		17,278
KOMEDA Holdings Company, Ltd.	2,600		51,577
Komeri Company, Ltd.	1,500		36,383
Komori Corp.	3,700		28,888
Kondotec, Inc.	1,300		11,574
Konica Minolta, Inc.	15,100		81,021
Konishi Company, Ltd.	2,200		35,040
Konoike Transport Company, Ltd.	2,600		29,649
Krosaki Harima Corp.	400		17,336
K's Holdings Corp.	7,300		75,425
Kumagai Gumi Company, Ltd.	1,800		46,579
Kumiai Chemical Industry Company, Ltd.	3,400		26,600
Kurabo Industries, Ltd.	1,600		29,390
Kureha Corp.	800		53,972
Kurimoto, Ltd.	1,000		14,642
Kusuri no Aoki Holdings Company, Ltd.	700		48,104
KYB Corp.	1,000		27,046
Kyodo Printing Company, Ltd.	500		11,701
Kyoei Steel, Ltd.	1,800		22,232
Kyokuto Kaihatsu Kogyo Company, Ltd.	2,300		33,597
Kyokuto Securities Company, Ltd.	2,300		16,674
Kyokuyo Company, Ltd.	700		18,888
KYORIN Holdings, Inc.	1,900		30,226
Kyosan Electric Manufacturing Company, Ltd.	2,000		9,505
Kyudenko Corp.	1,700		56,114
Kyushu Financial Group, Inc.	13,800		49,420
LAC Company, Ltd.	1,400		11,932
Lacto Japan Company, Ltd.	800		20,122
LEC, Inc.	1,600		15,508
Life Corp.	800		32,060
LIFULL Company, Ltd.	3,800		12,578
Link And Motivation, Inc.	2,300		23,235
Lintec Corp.	1,900		43,396
Litalico, Inc.	600		18,726
Locondo, Inc.	400		4,941

 

119

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

International Small Company Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Japan (continued)
M&A Capital Partners Company, Ltd. (A)	600	$	33,165
Mabuchi Motor Company, Ltd.	1,800		62,425
Macnica Fuji Electronics Holdings, Inc.	2,650		61,672
Macromill, Inc.	2,300		17,071
Maeda Corp.	6,468		51,300
Maeda Kosen Company, Ltd.	1,100		32,605
Maezawa Kasei Industries Company, Ltd.	1,100		12,542
Maezawa Kyuso Industries Company, Ltd.	1,800		16,296
Makino Milling Machine Company, Ltd.	1,200		46,135
Management Solutions Company, Ltd. (A)	1,300		39,153
Mandom Corp.	1,600		22,963
Mani, Inc.	3,200		61,042
MarkLines Company, Ltd.	400		11,110
Mars Group Holdings Corp.	700		10,298
Marubun Corp.	200		1,378
Marudai Food Company, Ltd. (B)	1,600		24,871
Maruha Nichiro Corp.	1,500		35,526
Maruichi Steel Tube, Ltd.	2,200		50,879
Marusan Securities Company, Ltd. (B)	4,700		26,778
Maruwa Company, Ltd.	300		30,555
Maruwa Unyu Kikan Company, Ltd. (B)	1,100		15,820
Maruzen Company, Ltd.	800		15,415
Maruzen Showa Unyu Company, Ltd.	800		25,618
Marvelous, Inc.	1,400		8,836
Matsuda Sangyo Company, Ltd.	1,400		36,325
Matsui Securities Company, Ltd. (B)	4,900		35,596
Matsumotokiyoshi Holdings Company, Ltd. (B)	1,428		64,096
Max Company, Ltd.	2,000		34,776
Maxell Holdings, Ltd.	2,200		26,295
Maxvalu Tokai Company, Ltd.	1,100		25,623
MCJ Company, Ltd.	3,200		34,481
Mebuki Financial Group, Inc.	17,500		38,341
MEC Company, Ltd.	1,500		42,849
Media Do Company, Ltd.	600		26,316
Medical Data Vision Company, Ltd.	1,700		23,485
Medikit Company, Ltd.	500		13,366
MedPeer, Inc. (A)	600		20,361
Megachips Corp.	1,100		32,955
Megmilk Snow Brand Company, Ltd.	1,800		36,986
Meidensha Corp.	1,800		39,662
Meiko Electronics Company, Ltd.	1,200		32,116
Meisei Industrial Company, Ltd.	3,000		19,914
Meitec Corp.	1,300		71,600
Meito Sangyo Company, Ltd.	900		13,842
Melco Holdings, Inc.	500		21,095
Members Company, Ltd.	400		12,474
Menicon Company, Ltd.	1,000		38,941
METAWATER Company, Ltd.	1,600		26,960
Micronics Japan Company, Ltd.	2,100		26,938
Midac Holdings Company, Ltd.	500		23,802
Mie Kotsu Group Holdings, Inc. (B)	3,700		18,286
Milbon Company, Ltd.	1,112		68,137
Mimasu Semiconductor Industry Company, Ltd.	1,400		30,654
Ministop Company, Ltd.	1,100		14,186
Mirainovate Company, Ltd. (A)(B)	3,300		7,269
Mirait Holdings Corp.	4,240		83,940
Miroku Jyoho Service Company, Ltd.	700		10,611
Mitani Corp.	2,000		35,193
Mitani Sekisan Company, Ltd.	600		38,732

International Small Company Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Japan (continued)
Mito Securities Company, Ltd.	6,300	$	17,039
Mitsuba Corp. (A)	2,300		13,659
Mitsubishi Logisnext Company, Ltd.	1,000		10,255
Mitsubishi Logistics Corp.	1,600		47,481
Mitsubishi Paper Mills, Ltd. (A)	2,600		8,645
Mitsubishi Pencil Company, Ltd.	1,500		19,283
Mitsubishi Research Institute, Inc.	500		19,601
Mitsubishi Shokuhin Company, Ltd.	600		15,647
Mitsubishi Steel Manufacturing Company, Ltd.	1,000		10,709
Mitsuboshi Belting, Ltd.	1,000		18,567
Mitsui DM Sugar Holdings Company, Ltd.	1,000		18,058
Mitsui E&S Holdings Company, Ltd. (A)	4,600		20,341
Mitsui High-Tec, Inc.	500		34,216
Mitsui Matsushima Holdings Company, Ltd.	1,000		13,446
Mitsui Mining & Smelting Company, Ltd.	2,500		69,398
Mitsui-Soko Holdings Company, Ltd.	1,700		38,339
Mitsuuroko Group Holdings Company, Ltd.	3,200		41,835
Mixi, Inc.	1,800		40,486
Mizuho Leasing Company, Ltd.	1,400		45,418
Mizuno Corp.	1,400		33,302
Mochida Pharmaceutical Company, Ltd.	900		27,412
Modec, Inc.	1,700		26,967
Monex Group, Inc.	8,000		41,501
Morinaga & Company, Ltd.	1,700		62,698
Morinaga Milk Industry Company, Ltd.	900		56,218
Morita Holdings Corp.	2,200		29,810
MrMax Holdings, Ltd.	1,700		10,385
MTG Company, Ltd. (B)	1,300		19,534
m-up Holdings, Inc.	500		16,304
Musashi Seimitsu Industry Company, Ltd.	2,600		45,548
Nachi-Fujikoshi Corp.	600		24,509
Nafco Company, Ltd. (B)	1,100		18,311
Nagaileben Company, Ltd.	1,000		23,466
Nagano Keiki Company, Ltd.	1,800		20,186
Nagase & Company, Ltd.	5,100		85,805
Nagatanien Holdings Company, Ltd.	1,000		18,878
Nagawa Company, Ltd. (B)	300		33,099
Nakamuraya Company, Ltd.	300		10,440
Nakanishi, Inc.	1,800		40,988
Nakayama Steel Works, Ltd.	1,100		4,202
Namura Shipbuilding Company, Ltd. (A)	3,252		6,903
Nankai Electric Railway Company, Ltd.	4,600		98,922
Natori Company, Ltd.	700		12,265
NEC Capital Solutions, Ltd.	800		15,141
NEC Networks & System Integration Corp.	1,000		18,860
Neturen Company, Ltd.	2,300		13,222
Nextage Company, Ltd.	2,300		44,978
NHK Spring Company, Ltd.	9,100		64,763
Nice Corp.	600		9,920
Nichias Corp.	2,400		58,557
Nichiban Company, Ltd.	700		11,516
Nichicon Corp.	3,400		32,079
Nichiden Corp.	600		12,753
Nichiha Corp.	1,200		34,217
Nichi-iko Pharmaceutical Company, Ltd.	3,100		24,966
Nichireki Company, Ltd.	2,000		24,300
Nichirin Company, Ltd.	1,040		16,558
Nihon Chouzai Company, Ltd.	800		12,239

 

120

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

International Small Company Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Japan (continued)
Nihon Flush Company, Ltd.	1,000	$	10,236
Nihon House Holdings Company, Ltd.	1,000		3,739
Nihon Kagaku Sangyo Company, Ltd.	1,000		12,086
Nihon Nohyaku Company, Ltd.	4,000		19,720
Nihon Parkerizing Company, Ltd.	3,900		40,021
Nihon Tokushu Toryo Company, Ltd.	1,000		9,324
Nikkiso Company, Ltd.	2,100		18,085
Nikkon Holdings Company, Ltd.	2,900		59,674
Nippn Corp.	2,700		39,399
Nippon Air Conditioning Services Company, Ltd.	1,600		11,387
Nippon Beet Sugar Manufacturing Company, Ltd.	900		13,374
Nippon Carbon Company, Ltd.	500		18,691
Nippon Chemical Industrial Company, Ltd.	700		19,631
Nippon Chemi-Con Corp. (A)	1,100		21,077
Nippon Coke & Engineering Company, Ltd.	18,000		22,804
Nippon Commercial Development Company, Ltd.	1,100		17,145
Nippon Concrete Industries Company, Ltd.	2,600		7,047
Nippon Denko Company, Ltd.	6,530		18,618
Nippon Densetsu Kogyo Company, Ltd.	2,100		35,571
Nippon Electric Glass Company, Ltd.	3,800		89,884
Nippon Fine Chemical Company, Ltd.	800		15,613
Nippon Gas Company, Ltd.	5,400		74,172
Nippon Hume Corp.	2,000		13,367
Nippon Kanzai Company, Ltd. (B)	400		9,209
Nippon Kayaku Company, Ltd.	5,300		58,488
Nippon Kodoshi Corp. (B)	800		22,598
Nippon Koei Company, Ltd.	1,000		32,129
Nippon Light Metal Holdings Company, Ltd.	2,820		49,098
Nippon Paper Industries Company, Ltd. (B)	3,600		38,204
Nippon Parking Development Company, Ltd.	8,400		11,972
Nippon Pillar Packing Company, Ltd.	1,500		35,989
Nippon Rietec Company, Ltd.	300		4,444
Nippon Seiki Company, Ltd.	3,000		31,527
Nippon Sharyo, Ltd.	600		11,297
Nippon Shokubai Company, Ltd.	500		25,715
Nippon Signal Company, Ltd.	3,000		26,787
Nippon Soda Company, Ltd.	1,200		38,565
Nippon Steel Trading Corp.	972		43,937
Nippon Suisan Kaisha, Ltd.	13,000		75,541
Nippon Thompson Company, Ltd.	4,700		23,378
Nippon Yakin Kogyo Company, Ltd.	1,000		23,527
Nipro Corp.	6,000		62,254
Nishikawa Rubber Company, Ltd.	800		12,024
Nishimatsu Construction Company, Ltd. (B)	2,300		71,158
Nishimatsuya Chain Company, Ltd.	1,600		20,223
Nishi-Nippon Financial Holdings, Inc.	7,000		44,792
Nishi-Nippon Railroad Company, Ltd.	3,000		75,928
Nishio Rent All Company, Ltd.	800		21,036
Nissan Shatai Company, Ltd.	3,400		24,288
Nissei ASB Machine Company, Ltd.	500		17,039
Nissei Plastic Industrial Company, Ltd.	1,600		16,129
Nissha Company, Ltd.	2,300		36,565
Nisshinbo Holdings, Inc.	6,168		46,487
Nissin Corp.	1,400		20,712
Nissin Electric Company, Ltd.	3,400		41,600

International Small Company Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Japan (continued)
Nissin Sugar Company, Ltd.	1,100	$	16,894
Nisso Corp.	2,400		15,404
Nitta Corp.	1,300		31,845
Nittan Valve Company, Ltd.	1,200		4,274
Nittetsu Mining Company, Ltd.	300		17,379
Nitto Boseki Company, Ltd.	800		26,747
Nitto Kogyo Corp.	1,600		25,046
Nitto Kohki Company, Ltd.	1,000		18,265
Nitto Seiko Company, Ltd.	1,700		10,122
Noevir Holdings Company, Ltd.	800		38,154
Nohmi Bosai, Ltd.	1,300		23,937
Nojima Corp.	1,600		41,159
NOK Corp.	4,700		55,057
Nomura Company, Ltd.	1,200		10,794
Nomura Micro Science Company, Ltd.	600		25,852
Noritake Company, Ltd.	700		31,201
Noritsu Koki Company, Ltd.	1,000		22,658
Noritz Corp.	2,100		34,266
North Pacific Bank, Ltd.	12,900		29,324
NS Tool Company, Ltd.	800		10,376
NS United Kaiun Kaisha, Ltd. (B)	800		29,237
NSD Company, Ltd.	3,000		54,664
NTN Corp. (A)	18,400		41,197
Obara Group, Inc.	600		20,892
Ohsho Food Service Corp.	700		38,274
Oiles Corp.	1,380		20,323
Oisix ra daichi, Inc. (A)	1,200		53,193
Okabe Company, Ltd.	2,600		16,347
Okamoto Industries, Inc.	600		22,110
Okamura Corp.	3,700		53,842
Okasan Securities Group, Inc.	7,000		25,346
Oki Electric Industry Company, Ltd.	4,700		41,099
Okinawa Cellular Telephone Company	400		19,536
OKUMA Corp.	1,100		52,993
Okumura Corp.	1,600		42,772
Okura Industrial Company, Ltd.	800		16,648
Okuwa Company, Ltd.	1,000		10,585
Onoken Company, Ltd.	1,500		22,357
Onward Holdings Company, Ltd.	7,100		22,972
Optex Group Company, Ltd.	800		10,881
Optim Corp. (A)(B)	700		12,705
Optorun Company, Ltd.	1,100		22,939
Organo Corp.	600		36,747
Orient Corp.	17,800		26,315
Oriental Shiraishi Corp. (A)	7,600		18,065
Origin Company, Ltd.	600		7,132
Oro Company, Ltd.	700		23,474
Osaka Organic Chemical Industry, Ltd.	800		27,185
Osaka Soda Company, Ltd.	800		19,305
Osaka Steel Company, Ltd.	700		6,959
OSAKA Titanium Technologies Company, Ltd. (A)	800		5,657
Osaki Electric Company, Ltd.	3,000		14,869
OSG Corp.	3,300		56,483
Outsourcing, Inc.	5,800		103,948
OYO Corp.	1,300		17,051
Pacific Industrial Company, Ltd.	3,000		31,655
Pacific Metals Company, Ltd.	1,100		18,229
PAL GROUP Holdings Company, Ltd.	700		11,625
Paramount Bed Holdings Company, Ltd.	1,600		31,903
Paris Miki Holdings, Inc.	1,100		2,624
Pasona Group, Inc.	1,300		36,770
PC Depot Corp.	1,700		7,125
Penta-Ocean Construction Company, Ltd.	12,400		84,177
Pickles Corp.	800		13,374

 

121

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

International Small Company Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Japan (continued)
Pilot Corp.	1,200	$	45,626
Piolax, Inc.	2,100		29,153
Plenus Company, Ltd.	900		17,578
Poletowin Pitcrew Holdings, Inc.	2,000		18,193
Precision System Science Company, Ltd. (A)	500		2,917
Premium Group Company, Ltd.	800		24,759
Premium Water Holdings, Inc. (A)	400		11,087
Press Kogyo Company, Ltd.	7,000		21,384
Pressance Corp.	700		11,491
Prestige International, Inc.	5,000		34,141
Prima Meat Packers, Ltd.	1,500		37,999
Pronexus, Inc.	600		5,864
Proto Corp.	400		5,511
PS Mitsubishi Construction Company, Ltd.	2,600		14,799
Punch Industry Company, Ltd.	1,300		7,318
Qol Holdings Company, Ltd.	1,400		18,941
Raccoon Holdings, Inc.	800		11,186
Raito Kogyo Company, Ltd.	2,400		42,310
Raiznext Corp.	3,300		35,430
Raysum Company, Ltd.	1,600		10,947
Relia, Inc.	2,100		22,038
Rengo Company, Ltd.	4,000		31,251
Resorttrust, Inc.	3,700		72,626
Restar Holdings Corp.	1,600		26,566
Retail Partners Company, Ltd.	300		3,330
Rever Holdings Corp.	868		11,345
Rheon Automatic Machinery Company, Ltd.	1,500		20,237
Ricoh Leasing Company, Ltd.	800		26,531
Riken Corp.	600		15,244
Riken Keiki Company, Ltd.	400		10,946
Riken Technos Corp.	3,000		15,161
Riken Vitamin Company, Ltd.	1,400		23,523
Rion Company, Ltd.	500		11,814
Riso Kagaku Corp.	500		10,196
Riso Kyoiku Company, Ltd.	9,300		36,681
Rock Field Company, Ltd.	1,000		15,428
Rokko Butter Company, Ltd.	600		9,078
Roland DG Corp.	900		25,015
Rorze Corp.	400		28,390
RS Technologies Company, Ltd.	400		19,783
Ryobi, Ltd.	1,400		15,810
Ryoden Corp.	1,500		23,392
Ryosan Company, Ltd.	1,500		30,903
Ryoyo Electro Corp.	500		10,481
S Foods, Inc.	900		24,741
S&B Foods, Inc.	600		24,754
Sac's Bar Holdings, Inc.	600		3,067
Saibu Gas Holdings Company, Ltd.	1,500		33,185
Saint-Care Holding Corp.	1,900		17,091
Saizeriya Company, Ltd.	1,100		28,646
Sakai Chemical Industry Company, Ltd.	1,400		29,528
Sakai Moving Service Company, Ltd.	500		21,725
Sakata INX Corp.	3,100		32,532
Sakata Seed Corp.	200		6,271
Sala Corp.	3,000		17,304
SAMTY Company, Ltd.	1,600		33,451
San ju San Financial Group, Inc.	1,700		21,469
San-A Company, Ltd.	900		32,102
San-Ai Oil Company, Ltd.	3,500		46,175
Sangetsu Corp.	2,100		28,494
Sanken Electric Company, Ltd.	400		22,391
Sanki Engineering Company, Ltd.	2,000		26,474

International Small Company Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Japan (continued)
Sankyo Company, Ltd. (B)	1,900	$	47,233
Sankyo Seiko Company, Ltd.	3,200		15,834
Sankyo Tateyama, Inc.	2,500		17,432
Sanoh Industrial Company, Ltd.	1,900		17,249
Sanshin Electronics Company, Ltd.	700		10,760
Sanyo Chemical Industries, Ltd.	600		31,313
Sanyo Denki Company, Ltd.	400		25,363
Sanyo Electric Railway Company, Ltd.	1,600		28,065
Sanyo Shokai, Ltd. (A)	700		6,569
Sanyo Special Steel Company, Ltd.	1,400		22,488
Sapporo Holdings, Ltd.	2,700		61,967
Sato Holdings Corp.	1,700		41,304
Sawada Holdings Company, Ltd.	1,000		9,368
Sawai Group Holdings Company, Ltd.	1,800		83,744
SB Technology Corp.	800		21,707
SBS Holdings, Inc.	900		33,868
Scroll Corp. (B)	2,300		17,792
Seika Corp.	500		7,262
Seikagaku Corp.	1,700		16,161
Seikitokyu Kogyo Company, Ltd.	1,600		12,067
Seiko Holdings Corp.	1,400		28,211
Seino Holdings Company, Ltd.	1,000		12,115
Seiren Company, Ltd.	2,700		50,794
Sekisui Jushi Corp.	1,600		30,377
Sekisui Kasei Company, Ltd.	2,500		13,225
Senko Group Holdings Company, Ltd.	4,700		43,014
Senshu Electric Company, Ltd.	500		21,185
Senshu Ikeda Holdings, Inc.	17,200		25,364
Senshukai Company, Ltd.	3,300		11,788
Septeni Holdings Company, Ltd.	4,800		20,333
Seven Bank, Ltd. (B)	17,700		39,467
Shibaura Electronics Company, Ltd.	500		27,600
Shibaura Machine Company, Ltd.	1,600		39,296
Shibaura Mechatronics Corp.	300		18,057
Shibuya Corp.	800		21,933
Shikibo, Ltd.	1,100		9,430
Shikoku Chemicals Corp.	3,000		37,503
Shikoku Electric Power Company, Inc.	5,600		38,813
Shima Seiki Manufacturing, Ltd.	1,200		24,140
Shinagawa Refractories Company, Ltd.	600		21,121
Shindengen Electric Manufacturing Company, Ltd. (A)	500		18,174
Shin-Etsu Polymer Company, Ltd.	3,000		28,029
Shinko Shoji Company, Ltd.	1,900		14,444
Shinmaywa Industries, Ltd.	2,400		19,981
Shinnihon Corp.	2,500		19,124
Shinoken Group Company, Ltd.	2,000		20,796
Shinwa Company, Ltd.	700		15,229
Ship Healthcare Holdings, Inc.	2,400		61,818
Shizuoka Gas Company, Ltd.	4,500		54,254
SHO-BOND Holdings Company, Ltd.	900		39,879
Shoei Company, Ltd.	1,200		54,140
Shoei Foods Corp.	700		27,054
Shofu, Inc.	600		11,596
Showa Sangyo Company, Ltd.	1,000		25,011
SIGMAXYZ, Inc.	900		21,706
Siix Corp.	1,600		17,155
Sinanen Holdings Company, Ltd.	800		26,046
Sinfonia Technology Company, Ltd.	1,600		17,378
Sinko Industries, Ltd.	1,500		28,602
Sintokogio, Ltd.	3,400		23,760
SKY Perfect JSAT Holdings, Inc.	7,800		29,891
Smaregi, Inc. (A)	400		12,012
SMK Corp.	300		6,372
SMS Company, Ltd.	1,500		54,644

 

122

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

International Small Company Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Japan (continued)
Sodick Company, Ltd.	2,400	$	19,535
Softcreate Holdings Corp.	700		19,615
Software Service, Inc.	200		14,233
Soken Chemical & Engineering Company, Ltd.	800		15,995
Solasto Corp.	3,200		43,120
Sotetsu Holdings, Inc.	2,400		47,691
Space Value Holdings Company, Ltd. (A)	2,000		14,906
Sparx Group Company, Ltd.	7,400		20,321
S-Pool, Inc.	5,000		46,522
SRA Holdings	600		15,771
SRE Holdings Corp. (A)	400		28,373
ST Corp.	700		11,136
St. Marc Holdings Company, Ltd.	800		11,709
Star Mica Holdings Company, Ltd.	1,100		15,175
Star Micronics Company, Ltd.	2,300		31,861
Starts Corp., Inc.	1,900		45,211
Starzen Company, Ltd.	600		11,690
Stella Chemifa Corp.	800		21,207
Strike Company, Ltd.	700		26,411
Studio Alice Company, Ltd.	900		19,709
Sugimoto & Company, Ltd.	700		17,746
Sumida Corp.	1,600		17,764
Suminoe Textile Company, Ltd.	500		8,499
Sumitomo Bakelite Company, Ltd.	1,200		55,432
Sumitomo Densetsu Company, Ltd.	1,300		27,089
Sumitomo Mitsui Construction Company, Ltd.	6,000		26,745
Sumitomo Osaka Cement Company, Ltd. (B)	1,500		41,754
Sumitomo Riko Company, Ltd.	2,400		16,361
Sumitomo Seika Chemicals Company, Ltd.	500		16,239
Sun Frontier Fudousan Company, Ltd.	2,200		21,950
Suruga Bank, Ltd.	4,200		15,608
SWCC Showa Holdings Company, Ltd.	2,400		48,140
Systena Corp.	2,700		54,345
Syuppin Company, Ltd.	1,200		13,734
T Hasegawa Company, Ltd.	1,600		38,098
T RAD Company, Ltd.	500		13,835
T&K Toka Company, Ltd.	1,600		12,005
Tachibana Eletech Company, Ltd.	1,360		18,646
Tachi-S Company, Ltd.	2,400		27,202
Tadano, Ltd.	5,000		52,534
Taihei Dengyo Kaisha, Ltd.	1,000		25,249
Taiho Kogyo Company, Ltd.	1,200		8,975
Taikisha, Ltd.	900		27,052
Taiko Pharmaceutical Company, Ltd. (B)	1,200		9,795
Taisei Lamick Company, Ltd.	500		12,515
Taiyo Holdings Company, Ltd.	2,000		50,772
Takamatsu Construction Group Company, Ltd.	1,000		18,102
Takaoka Toko Company, Ltd.	700		9,114
Takara Holdings, Inc.	3,200		46,124
Takara Leben Company, Ltd.	6,300		18,188
Takara Standard Company, Ltd.	2,200		31,946
Takasago International Corp.	1,200		31,998
Takasago Thermal Engineering Company, Ltd.	1,700		32,168
Takashimaya Company, Ltd.	7,500		83,495
Take And Give Needs Company, Ltd. (A)	200		2,100
Takeuchi Manufacturing Company, Ltd.	1,600		36,849
Takihyo Company, Ltd.	600		10,210
Takuma Company, Ltd.	3,000		41,733
Tama Home Company, Ltd.	1,000		24,262

International Small Company Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Japan (continued)
Tamron Company, Ltd.	1,500	$	35,570
Tamura Corp. (B)	6,000		39,242
Tanseisha Company, Ltd.	1,100		8,646
Tatsuta Electric Wire & Cable Company, Ltd.	4,200		20,102
Tayca Corp.	1,500		17,945
TBS Holdings, Inc. (B)	700		10,696
TDC Soft, Inc.	1,200		14,379
TechMatrix Corp.	1,400		25,284
Techno Horizon Company, Ltd.	1,400		16,202
Teikoku Electric Manufacturing Company, Ltd.	1,700		21,551
Teikoku Sen-I Company, Ltd.	1,200		21,741
Tekken Corp.	800		13,000
Tenma Corp.	1,000		23,891
T-Gaia Corp.	900		15,976
The 77 Bank, Ltd.	2,800		31,878
The Aichi Bank, Ltd.	600		19,425
The Akita Bank, Ltd.	1,100		14,336
The Aomori Bank, Ltd.	1,700		32,607
The Awa Bank, Ltd.	2,200		43,019
The Bank of Iwate, Ltd.	1,100		16,875
The Bank of Nagoya, Ltd.	1,100		26,031
The Bank of Okinawa, Ltd.	1,140		28,514
The Bank of Saga, Ltd.	1,000		13,137
The Chiba Kogyo Bank, Ltd.	3,200		8,008
The Chugoku Bank, Ltd.	5,700		43,867
The Chukyo Bank, Ltd.	900		11,207
The Ehime Bank, Ltd.	2,100		14,797
The First Bank of Toyama, Ltd.	2,800		7,409
The Fukui Bank, Ltd.	1,800		25,284
The Fukushima Bank, Ltd. (A)	2,100		4,827
The Gunma Bank, Ltd.	14,200		45,732
The Hachijuni Bank, Ltd.	14,100		50,225
The Hokkoku Bank, Ltd.	1,500		29,329
The Hyakugo Bank, Ltd.	12,500		36,342
The Hyakujushi Bank, Ltd.	1,700		23,726
The Iyo Bank, Ltd.	11,300		58,003
The Japan Steel Works, Ltd.	2,600		67,295
The Japan Wool Textile Company, Ltd.	4,000		36,299
The Juroku Bank, Ltd.	1,700		33,623
The Keiyo Bank, Ltd.	4,400		17,659
The Kinki Sharyo Company, Ltd.	300		3,172
The Kita-Nippon Bank, Ltd.	700		10,005
The Kiyo Bank, Ltd.	3,800		53,774
The Michinoku Bank, Ltd.	1,400		11,120
The Miyazaki Bank, Ltd.	1,000		18,692
The Monogatari Corp.	400		28,037
The Musashino Bank, Ltd.	1,700		27,884
The Nagano Bank, Ltd.	800		8,043
The Nanto Bank, Ltd.	2,000		35,801
The Nippon Road Company, Ltd.	500		37,778
The Nisshin Oillio Group, Ltd.	1,200		32,708
The Ogaki Kyoritsu Bank, Ltd.	1,600		28,329
The Oita Bank, Ltd.	900		15,163
The Okinawa Electric Power Company, Inc.	1,990		25,632
The Pack Corp. (B)	800		22,208
The San-In Godo Bank, Ltd.	8,000		40,151
The Shibusawa Warehouse Company, Ltd.	1,000		20,434
The Shiga Bank, Ltd.	2,200		37,343
The Shikoku Bank, Ltd.	2,800		18,469
The Shimizu Bank, Ltd.	500		7,394

 

123

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

International Small Company Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Japan (continued)
The Sumitomo Warehouse Company, Ltd.	3,324	$	54,284
The Tochigi Bank, Ltd.	8,000		13,112
The Toho Bank, Ltd.	12,000		22,964
The Tohoku Bank, Ltd.	400		3,643
The Tottori Bank, Ltd.	400		3,994
The Towa Bank, Ltd.	2,900		14,101
The Yamagata Bank, Ltd.	2,000		15,306
The Yamanashi Chuo Bank, Ltd.	2,000		15,129
Tigers Polymer Corp.	1,000		3,830
TKC Corp.	1,200		37,709
Toa Corp. (Hyogo)	1,400		10,415
Toa Corp. (Tokyo) (B)	1,200		26,370
Toagosei Company, Ltd.	4,300		49,899
Tobishima Corp.	720		7,159
TOC Company, Ltd.	3,400		20,036
Tocalo Company, Ltd.	3,200		38,799
Toda Corp.	8,400		58,652
Toda Kogyo Corp. (A)	300		8,251
Toenec Corp.	600		19,577
Toho Company, Ltd. (A)	600		9,327
Toho Holdings Company, Ltd.	2,400		38,982
Toho Titanium Company, Ltd.	3,000		31,965
Toho Zinc Company, Ltd.	800		18,723
Tokai Corp.	1,200		23,545
TOKAI Holdings Corp.	4,000		32,141
Tokai Rika Company, Ltd.	2,600		37,200
Tokai Tokyo Financial Holdings, Inc.	11,500		41,523
Token Corp.	410		36,276
Tokushu Tokai Paper Company, Ltd.	600		24,158
Tokuyama Corp.	2,600		49,602
Tokyo Base Company, Ltd. (A)	900		5,690
Tokyo Electron Device, Ltd.	400		26,202
Tokyo Energy & Systems, Inc.	2,000		18,886
Tokyo Keiki, Inc.	1,000		9,267
Tokyo Kiraboshi Financial Group, Inc.	1,936		26,539
Tokyo Rakutenchi Company, Ltd.	200		7,392
Tokyo Rope Manufacturing Company, Ltd. (A)	200		1,743
Tokyo Seimitsu Company, Ltd.	1,800		73,875
Tokyo Steel Manufacturing Company, Ltd.	5,100		52,365
Tokyo Tekko Company, Ltd.	800		11,399
Tokyo Theatres Company, Inc. (A)	900		10,331
Tokyotokeiba Company, Ltd.	600		23,509
Tokyu Construction Company, Ltd.	3,900		27,341
Tomato Bank, Ltd.	1,100		10,505
Tomen Devices Corp.	200		9,756
Tomoe Corp.	2,200		9,701
Tomoku Company, Ltd.	500		8,657
TOMONY Holdings, Inc.	10,600		31,171
Tomy Company, Ltd.	4,500		45,904
Tonami Holdings Company, Ltd.	500		22,506
Topcon Corp.	4,700		81,736
Toppan Forms Company, Ltd.	3,400		31,127
Topre Corp.	2,300		27,163
Topy Industries, Ltd.	1,300		14,180
Torex Semiconductor, Ltd.	700		16,702
Toridoll Holdings Corp. (B)	2,800		70,536
Torii Pharmaceutical Company, Ltd.	1,100		28,874
Torishima Pump Manufacturing Company, Ltd.	900		7,430
Tosei Corp.	2,500		26,917
Toshiba TEC Corp.	1,100		46,556
Totetsu Kogyo Company, Ltd.	1,000		22,068

International Small Company Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Japan (continued)
Towa Corp.	1,300	$	29,508
Towa Pharmaceutical Company, Ltd.	1,500		42,529
Toyo Construction Company, Ltd.	3,100		16,225
Toyo Corp.	1,100		11,867
Toyo Denki Seizo KK	600		6,238
Toyo Engineering Corp. (A)	2,200		17,196
Toyo Gosei Company, Ltd.	300		39,961
Toyo Ink SC Holdings Company, Ltd.	2,200		41,359
Toyo Kanetsu KK	400		9,357
Toyo Securities Company, Ltd.	6,000		9,031
Toyo Tanso Company, Ltd.	1,000		26,424
Toyo Wharf & Warehouse Company, Ltd.	600		8,286
Toyobo Company, Ltd.	4,093		51,068
TPR Company, Ltd.	1,400		18,690
Trancom Company, Ltd.	400		29,253
Transaction Company, Ltd. (B)	1,700		18,189
Transcosmos, Inc.	800		26,124
Tri Chemical Laboratories, Inc.	1,200		36,276
Trusco Nakayama Corp.	2,200		57,038
TS Tech Company, Ltd.	2,500		32,123
TSI Holdings Company, Ltd. (A)	5,270		16,712
Tsubaki Nakashima Company, Ltd.	2,300		32,495
Tsubakimoto Chain Company	1,600		49,434
Tsugami Corp.	1,600		24,125
Tsukishima Kikai Company, Ltd.	2,000		20,934
Tsukuba Bank, Ltd.	5,700		9,229
Tsumura & Company	1,600		51,124
Tsurumi Manufacturing Company, Ltd.	1,000		15,696
TV Asahi Holdings Corp.	700		10,933
UACJ Corp. (A)	1,903		49,834
Ube Industries, Ltd.	4,400		86,029
Ubicom Holdings, Inc.	500		12,968
Uchida Yoko Company, Ltd.	400		19,474
Ulvac, Inc.	900		51,248
Uniden Holdings Corp.	400		10,522
Union Tool Company	700		24,652
Unipres Corp.	2,600		21,314
United Arrows, Ltd.	200		3,922
United Super Markets Holdings, Inc.	2,400		23,648
UNITED, Inc.	1,300		19,240
Unitika, Ltd. (A)	5,900		20,770
Universal Entertainment Corp. (A)	1,200		26,981
Ushio, Inc.	5,200		97,450
UT Group Company, Ltd.	1,500		44,790
UUUM Company, Ltd. (A)	800		9,531
Uzabase, Inc. (A)	800		17,372
V Technology Company, Ltd.	400		15,936
Valor Holdings Company, Ltd.	1,700		36,726
Valqua, Ltd.	1,000		19,213
ValueCommerce Company, Ltd.	900		38,428
Vector, Inc. (A)	3,100		32,055
Vital KSK Holdings, Inc.	3,500		24,899
VT Holdings Company, Ltd.	6,600		32,384
Wacoal Holdings Corp.	1,900		40,269
Wacom Company, Ltd.	8,000		50,874
Wakachiku Construction Company, Ltd.	900		16,575
Wakita & Company, Ltd.	2,300		22,354
Warabeya Nichiyo Holdings Company, Ltd.	900		20,539
Watahan & Company, Ltd.	600		6,791
WDB Holdings Company, Ltd.	700		22,203
Weathernews, Inc.	300		17,682
West Holdings Corp.	1,416		62,322
Will Group, Inc.	1,200		13,434

 

124

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

International Small Company Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Japan (continued)
WIN-Partners Company, Ltd.	1,000	$	8,786
World Company, Ltd.	700		9,328
World Holdings Company, Ltd.	600		15,477
Wowow, Inc.	600		13,088
Xebio Holdings Company, Ltd.	2,800		28,413
Yahagi Construction Company, Ltd.	2,000		14,367
Yaizu Suisankagaku Industry Company, Ltd.	1,100		10,045
YAKUODO Holdings Company, Ltd.	700		15,228
YAMABIKO Corp.	2,400		26,508
YAMADA Consulting Group Company, Ltd.	1,100		11,150
Yamaguchi Financial Group, Inc.	9,600		57,022
Yamaichi Electronics Company, Ltd.	1,700		25,133
YA-MAN, Ltd.	1,700		20,623
Yamato Kogyo Company, Ltd.	2,100		67,255
Yamazen Corp.	3,900		37,412
Yaoko Company, Ltd. (B)	800		49,225
Yasuda Logistics Corp.	1,400		12,147
Yellow Hat, Ltd.	2,000		34,887
Yodogawa Steel Works, Ltd.	1,200		26,161
Yokogawa Bridge Holdings Corp.	2,100		45,729
Yokohama Reito Company, Ltd.	2,900		22,989
Yokowo Company, Ltd.	1,200		26,946
Yomeishu Seizo Company, Ltd.	500		8,396
Yondenko Corp.	1,200		18,531
Yondoshi Holdings, Inc.	1,300		21,307
Yorozu Corp.	1,800		19,332
Yuasa Trading Company, Ltd.	1,100		29,747
Yurtec Corp.	2,000		13,030
Yushiro Chemical Industry Company, Ltd.	1,100		11,718
Zenrin Company, Ltd.	1,950		18,717
ZERIA Pharmaceutical Company, Ltd.	1,200		22,066
			30,078,320
Jersey, Channel Islands - 0.2%
Atrium European Real Estate, Ltd. (A)	10,364		37,604
Centamin PLC	57,981		74,227
JTC PLC (D)	4,852		48,253
Sanne Group PLC	4,126		50,224
			210,308
Liechtenstein - 0.1%
Liechtensteinische Landesbank AG	726		40,938
VP Bank AG, Class A	188		18,946
			59,884
Luxembourg - 0.6%
APERAM SA	2,432		134,825
B&S Group Sarl (D)	983		9,132
Befesa SA (D)	1,734		131,877
Corestate Capital Holding SA (A)	623		8,209
Global Fashion Group SA (A)	1,789		19,866
Grand City Properties SA	5,978		148,859
IVS Group SA (A)(B)	880		6,227
L'Occitane International SA	17,000		56,692
RTL Group SA	241		14,310
SES SA	13,554		120,850
Shurgard Self Storage SA	865		47,488
Stabilus SA	1,221		85,258
Sword Group	278		12,856
			796,449
Macau - 0.0%
MECOM Power and Construction, Ltd. (B)	39,000		17,304

International Small Company Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Malaysia - 0.1%
Frencken Group, Ltd.	15,400	$	26,002
Lynas Rare Earths, Ltd. (A)	22,542		106,672
			132,674
Malta - 0.0%
Catena Media PLC (A)(B)	3,412		23,058
Netherlands - 2.6%
Aalberts NV	5,235		302,168
Accell Group NV (A)	1,149		51,035
AMG Advanced Metallurgical Group NV (B)	1,350		43,698
Amsterdam Commodities NV (A)	707		19,243
Arcadis NV	4,501		224,814
ASR Nederland NV	6,907		315,962
Basic-Fit NV (A)(D)	2,099		96,275
BE Semiconductor Industries NV	3,676		292,445
Beter Bed Holding NV (A)	1,056		6,538
Boskalis Westminster	3,567		108,584
Brack Capital Properties NV (A)	230		24,742
Brunel International NV	1,126		13,220
Corbion NV	3,074		148,522
Flow Traders (D)	1,631		63,000
ForFarmers NV	2,398		12,016
Fugro NV (A)	4,034		42,281
GrandVision NV (D)	1,929		63,358
Heijmans NV	2,129		29,400
Hunter Douglas NV (A)	312		35,436
IMCD NV	1,818		347,928
Innoconcepts NV (A)(C)	10,527		0
Intertrust NV (A)(D)	4,292		64,281
Kendrion NV	1,111		27,738
Koninklijke BAM Groep NV (A)	15,496		49,288
Koninklijke Vopak NV	767		30,222
Nedap NV	225		15,257
OCI NV (A)	2,416		71,377
Ordina NV	5,537		21,159
PostNL NV (B)	27,908		134,657
SBM Offshore NV	6,900		123,014
SIF Holding NV	504		8,522
Signify NV (D)	5,815		291,078
Sligro Food Group NV (A)	1,151		31,406
TKH Group NV	1,730		96,869
TomTom NV (A)	3,258		25,814
Van Lanschot Kempen NV	1,515		46,770
			3,278,117
New Zealand - 0.6%
Air New Zealand, Ltd. (A)	12,658		14,201
Arvida Group, Ltd.	10,871		15,703
Chorus, Ltd.	15,573		70,861
Delegat Group, Ltd.	1,200		11,965
Freightways, Ltd.	5,543		48,798
Gentrack Group, Ltd. (A)(B)	3,060		3,906
Hallenstein Glasson Holdings, Ltd.	3,354		16,071
Heartland Group Holdings, Ltd.	18,504		29,648
Infratil, Ltd.	2,157		11,847
Investore Property, Ltd. (B)	13,816		18,847
Kathmandu Holdings, Ltd.	25,838		28,340
NZME, Ltd.	13,259		9,402
NZX, Ltd.	14,244		16,691
Oceania Healthcare, Ltd.	38,728		39,591
Pacific Edge, Ltd. (A)	27,936		29,485
PGG Wrightson, Ltd.	819		2,074
Pushpay Holdings, Ltd. (A)	16,847		21,376
Restaurant Brands New Zealand, Ltd. (A)	886		9,649

 

125

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

International Small Company Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
New Zealand (continued)
Sanford, Ltd. (A)	2,767	$	9,738
Scales Corp., Ltd.	5,176		19,593
Serko, Ltd. (A)	2,827		16,143
Skellerup Holdings, Ltd.	7,637		30,872
SKY Network Television, Ltd. (A)	7,518		10,187
SKYCITY Entertainment Group, Ltd.	26,675		58,916
Summerset Group Holdings, Ltd.	6,248		65,342
Synlait Milk, Ltd. (A)(B)	5,495		14,091
The New Zealand Refining Company, Ltd. (A)(B)	11,354		6,980
The Warehouse Group, Ltd.	9,894		28,114
Tourism Holdings, Ltd. (A)	6,508		11,635
TOWER, Ltd.	12,717		5,710
Trustpower, Ltd.	1,665		8,401
Vista Group International, Ltd. (A)	7,682		14,335
Z Energy, Ltd.	13,725		32,365
			730,877
Norway - 0.8%
ABG Sundal Collier Holding ASA	13,972		14,717
Akastor ASA (A)	6,104		4,173
Aker Solutions ASA (A)	18,496		40,749
American Shipping Company ASA (A)	1,661		6,001
ArcticZymes Technologies ASA (A)	962		9,548
Atea ASA (A)	3,574		61,532
Avance Gas Holding, Ltd. (D)	2,093		10,184
Axactor SE (A)	14,729		15,660
B2Holding ASA (A)	4,699		5,468
Bank Norwegian ASA (A)	5,444		64,942
Bonheur ASA	1,672		57,914
Borregaard ASA	4,895		118,742
Bouvet ASA	1,310		8,847
BW Offshore, Ltd.	4,568		14,713
Crayon Group Holding ASA (A)(D)	1,229		23,029
DNO ASA (A)	36,835		41,817
Europris ASA (D)	8,327		55,139
Fjordkraft Holding ASA (D)	3,193		17,697
FLEX LNG, Ltd.	1,570		27,923
Frontline, Ltd. (A)	5,015		45,567
Grieg Seafood ASA (A)(B)	2,264		21,170
Hexagon Composites ASA (A)	6,450		22,669
IDEX Biometrics ASA (A)	19,564		5,357
Kid ASA (D)	1,128		14,590
Kitron ASA	9,158		18,983
Medistim ASA	349		12,905
MPC Container Ships AS (A)	7,569		17,860
Multiconsult ASA (D)	554		11,302
Nordic Nanovector ASA (A)	2,098		5,687
Norway Royal Salmon ASA	1,038		21,202
Norwegian Energy Company ASA (A)	656		11,346
Odfjell Drilling, Ltd. (A)	4,970		11,132
Otello Corp. ASA (A)	6,623		23,006
PGS ASA (A)(B)	19,660		12,305
Protector Forsikring ASA	4,177		41,939
Selvaag Bolig ASA	1,842		11,468
Sparebank 1 Oestlandet	758		11,212
Sparebank 1 Sorost-Norge	1,815		10,992
Sparebanken More	246		11,145
TGS ASA	3,905		41,306
Treasure ASA	3,110		5,444
Veidekke ASA	4,419		54,019
Wilh Wilhelmsen Holding ASA, Class A	862		17,232
XXL ASA (A)(B)(D)	4,462		8,380
			1,067,013
Peru - 0.0%
Hochschild Mining PLC	16,530		29,541

International Small Company Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Portugal - 0.3%
Altri SGPS SA	3,125	$	19,392
Banco Comercial Portugues SA (A)	454,458		82,506
Corticeira Amorim SGPS SA	896		12,255
CTT-Correios de Portugal SA	8,914		48,038
Greenvolt-Energias Renovaveis SA (A)	56		387
Mota-Engil SGPS SA (A)(B)	5,636		8,949
NOS SGPS SA	13,982		56,332
REN - Redes Energeticas Nacionais SGPS SA	21,605		63,854
Sonae SGPS SA	56,969		60,051
The Navigator Company SA	12,847		45,205
			396,969
Russia - 0.0%
Petropavlovsk PLC (A)(B)	156,141		43,010
Singapore - 1.2%
Accordia Golf Trust (C)	40,300		0
AEM Holdings, Ltd.	9,100		26,829
Ascendas India Trust	45,100		47,305
Banyan Tree Holdings, Ltd. (A)	19,800		4,651
Best World International, Ltd. (A)(C)	16,300		7,359
BOC Aviation, Ltd. (D)	6,100		50,898
Boustead Projects, Ltd.	3,000		2,054
Boustead Singapore, Ltd.	10,000		7,104
Bukit Sembawang Estates, Ltd.	11,000		39,082
BW Energy, Ltd. (A)	932		2,967
BW LPG, Ltd. (D)	4,059		22,067
China Aviation Oil Singapore Corp., Ltd.	14,400		9,982
Chip Eng Seng Corp., Ltd.	33,000		9,892
ComfortDelGro Corp., Ltd.	86,000		95,084
COSCO Shipping International Singapore Company, Ltd. (A)	58,900		12,059
CSE Global, Ltd.	34,000		11,965
Delfi, Ltd.	21,900		12,290
Ezion Holdings, Ltd. (A)(C)	131,300		4,158
Far East Orchard, Ltd.	5,000		4,029
First Resources, Ltd.	19,300		23,085
Fraser and Neave, Ltd.	8,600		8,911
Gallant Venture, Ltd. (A)	71,000		6,710
Golden Agri-Resources, Ltd.	323,200		55,687
GuocoLand, Ltd.	10,400		12,514
Halcyon Agri Corp., Ltd. (A)	4,293		728
Haw Par Corp., Ltd.	4,700		39,846
Ho Bee Land, Ltd.	11,400		23,695
Hong Fok Corp., Ltd.	20,100		11,517
Hong Leong Finance, Ltd.	12,900		22,652
Hyflux, Ltd. (A)	24,000		240
iFAST Corp., Ltd.	7,000		48,197
IGG, Inc.	38,000		35,484
Indofood Agri Resources, Ltd. (A)	25,000		5,501
Japfa, Ltd.	22,700		11,371
Kenon Holdings, Ltd.	1,156		47,658
Keppel Infrastructure Trust	157,190		63,098
Metro Holdings, Ltd.	31,600		17,649
Midas Holdings, Ltd. (A)(C)	86,000		10,337
NetLink NBN Trust	46,300		33,908
Oceanus Group, Ltd. (A)	1,035,500		31,002
OM Holdings, Ltd. (A)	10,791		7,304
OUE, Ltd.	11,100		10,977
Oxley Holdings, Ltd.	26,867		4,024
Raffles Medical Group, Ltd.	35,758		38,288
Razer, Inc. (A)(D)	186,000		37,731
Riverstone Holdings, Ltd.	31,400		20,452
SBS Transit, Ltd.	5,000		10,946
Sembcorp Industries, Ltd.	36,100		48,314
Sembcorp Marine, Ltd. (A)	812,835		49,271

 

126

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

International Small Company Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Singapore (continued)
Sheng Siong Group, Ltd.	29,900	$	32,466
SIA Engineering Company, Ltd. (A)	12,800		19,737
SIIC Environment Holdings, Ltd.	35,800		5,248
Sinarmas Land, Ltd.	94,200		18,506
Singapore Land Group, Ltd.	7,100		13,729
Singapore Post, Ltd.	66,100		30,779
Singapore Press Holdings, Ltd.	66,000		94,623
Stamford Land Corp., Ltd.	59,000		21,215
StarHub, Ltd.	25,600		22,913
Straits Trading Company, Ltd.	1,200		2,715
Swiber Holdings, Ltd. (A)(C)	15,000		722
The Hour Glass, Ltd.	10,100		11,581
Thomson Medical Group, Ltd. (A)	212,000		13,067
UMS Holdings, Ltd.	14,000		17,277
UOB-Kay Hian Holdings, Ltd.	14,981		17,157
Wing Tai Holdings, Ltd.	21,205		28,230
XP Power, Ltd.	824		56,964
Yeo Hiap Seng, Ltd.	1,129		717
			1,514,518
South Africa - 0.2%
Investec PLC	24,092		102,810
Mediclinic International PLC (A)	18,139		76,024
			178,834
Spain - 2.0%
Acciona SA	425		70,653
Acerinox SA	7,380		94,590
Aedas Homes SA (D)	426		12,385
Alantra Partners SA	1,181		21,713
Almirall SA	2,459		39,004
Amper SA (A)	82,546		17,633
Applus Services SA	6,225		59,283
Atresmedia Corp. de Medios de Comunicacion SA (A)	6,046		25,912
Banco de Sabadell SA (A)	236,360		197,591
Bankinter SA	27,501		160,912
Caja de Ahorros del Mediterraneo (A)(C)	5,428		0
Cia de Distribucion Integral Logista Holdings SA	1,412		29,695
CIE Automotive SA	2,718		68,534
Construcciones y Auxiliar de Ferrocarriles SA	1,139		47,521
Ebro Foods SA	3,323		63,440
eDreams ODIGEO SA (A)	4,905		42,808
Elecnor SA	2,026		22,746
Enagas SA	9,408		209,084
Ence Energia y Celulosa SA (A)	6,294		17,366
Ercros SA (A)	5,006		20,500
Faes Farma SA	12,916		50,642
Fluidra SA	2,959		117,302
Fomento de Construcciones y Contratas SA	2,366		28,686
Gestamp Automocion SA (A)(D)	2,814		10,916
Global Dominion Access SA (D)	5,439		27,590
Grupo Catalana Occidente SA	2,346		85,704
Grupo Empresarial San Jose SA	2,194		12,413
Iberpapel Gestion SA	65		1,402
Indra Sistemas SA (A)	6,017		64,452
Laboratorios Farmaceuticos Rovi SA	987		64,572
Linea Directa Aseguradora SA Cia de Seguros y Reaseguros	27,501		54,238
Mapfre SA	25,312		55,166
Mediaset Espana Comunicacion SA (A)	7,779		44,134
Melia Hotels International SA (A)	6,008		44,616
Metrovacesa SA (A)(D)	1,256		10,780
Miquel y Costas & Miquel SA	1,474		28,907

International Small Company Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Spain (continued)
Neinor Homes SA (A)(D)	1,978	$	26,407
Obrascon Huarte Lain SA (A)	19,608		14,190
Pharma Mar SA	664		57,117
Promotora de Informaciones SA, Class A (A)	11,711		7,894
Prosegur Cash SA (D)	11,946		9,584
Prosegur Cia de Seguridad SA	10,114		30,147
Realia Business SA (A)	17,710		14,322
Sacyr SA	22,231		54,630
Solaria Energia y Medio Ambiente SA (A)	3,480		54,972
Talgo SA (A)(D)	4,711		24,480
Tecnicas Reunidas SA (A)	830		7,848
Tubacex SA (A)	6,252		11,318
Unicaja Banco SA (D)	62,819		65,338
Vidrala SA	788		85,836
Viscofan SA	1,837		120,292
Zardoya Otis SA	7,487		60,810
			2,568,075
Sweden - 3.5%
AcadeMedia AB (D)	3,665		25,065
AddLife AB, B Shares	2,634		96,335
AddNode Group AB	1,465		57,902
AddTech AB, B Shares	543		9,634
AFRY AB	2,244		68,331
Alimak Group AB (D)	2,141		32,171
Ambea AB (D)	1,195		8,746
Annehem Fastigheter AB, B Shares (A)	1,155		4,621
AQ Group AB (A)	291		9,595
Arjo AB, B Shares	10,690		131,650
Atrium Ljungberg AB, B Shares	2,105		44,049
Attendo AB (A)(D)	5,286		22,806
Beijer Alma AB	2,393		54,324
Bergman & Beving AB	2,270		38,350
Betsson AB, B Shares (A)	5,105		42,318
BHG Group AB (A)	2,406		34,759
Bilia AB, A Shares	3,960		71,465
BioGaia AB, B Shares	901		45,255
Biotage AB	3,574		97,442
Bonava AB, B Shares	3,323		30,140
Boozt AB (A)(D)	993		16,358
Bravida Holding AB (D)	7,844		105,868
BTS Group AB, B Shares	346		14,304
Bufab AB	1,896		67,608
Bulten AB	717		6,876
Bure Equity AB	1,700		70,263
Byggmax Group AB	5,363		45,865
Calliditas Therapeutics AB, B Shares (A)	1,333		14,579
Catena AB	1,429		77,226
Cellavision AB	540		24,118
Clas Ohlson AB, B Shares (A)	3,185		32,722
Cloetta AB, B Shares	10,640		32,865
Collector AB (A)	1,870		8,133
Coor Service Management Holding AB (D)	1,376		12,996
Corem Property Group AB, B Shares	22,122		58,477
Dios Fastigheter AB	3,582		34,873
Duni AB (A)	2,559		29,592
Dustin Group AB (D)	4,979		53,408
Elanders AB, B Shares	508		8,452
Electrolux Professional AB, B Shares (A)	3,716		26,532
Enea AB (A)	1,522		36,692
Fagerhult AB	4,609		35,166
Fastighets AB Trianon	363		8,679
FastPartner AB, A Shares	2,697		32,436

 

127

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

International Small Company Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Sweden (continued)
FastPartner AB, D Shares	84	$	777
Fingerprint Cards AB, B Shares (A)(B)	12,246		33,838
G5 Entertainment AB	330		14,944
GARO AB	1,075		22,895
Granges AB	7,040		84,566
Haldex AB (A)	3,364		17,775
Heba Fastighets AB, Class B	684		9,973
Hexatronic Group AB	1,111		34,592
HMS Networks AB	1,433		68,996
Hoist Finance AB (A)(D)	2,083		7,347
Humana AB (A)	2,641		22,114
Instalco AB	1,179		53,910
Inwido AB	3,126		52,044
JM AB	2,484		87,802
John Mattson Fastighetsforetagen AB (A)	589		11,589
KNOW IT AB	1,023		41,157
Kungsleden AB	8,561		112,807
Lagercrantz Group AB, B Shares	12,207		146,090
LeoVegas AB (D)	2,160		8,402
Lime Technologies AB	347		13,504
Lindab International AB	4,565		115,943
Loomis AB	2,298		62,272
Mekonomen AB (A)	2,150		38,268
MIPS AB	888		89,054
Modern Times Group MTG AB, B Shares (A)	4,110		49,763
Momentum Group AB, Class B	2,270		51,690
Munters Group AB (D)	2,324		19,002
Mycronic AB	2,326		57,858
NCAB Group AB	202		13,209
NCC AB, B Shares	835		13,154
Nederman Holding AB	887		16,657
Nelly Group AB (A)	611		2,348
New Wave Group AB, B Shares (A)	4,353		64,859
Nobia AB	6,676		43,996
Nobina AB (D)	4,239		38,002
Nolato AB, B Shares	6,748		80,488
Nordic Waterproofing Holding AB	2,615		61,328
NP3 Fastigheter AB	1,683		43,796
Nyfosa AB	9,287		131,144
OEM International AB, B Shares	3,120		57,690
Pandox AB (A)	3,303		52,287
Peab AB, Class B	4,062		42,004
Platzer Fastigheter Holding AB, Series B	3,454		51,993
Pricer AB, B Shares	7,930		25,702
Proact IT Group AB	1,428		11,423
Qliro AB (A)	611		2,141
Ratos AB, B Shares	14,845		86,898
RaySearch Laboratories AB (A)	2,452		17,198
Resurs Holding AB (D)	6,236		28,882
SAS AB (A)	203,931		44,602
Scandi Standard AB	4,648		27,739
Scandic Hotels Group AB (A)(D)	5,932		24,031
Sectra AB, B Shares (A)	5,030		101,513
Sensys Gatso Group AB (A)	23,414		2,725
SkiStar AB (A)	2,041		42,232
Stendorren Fastigheter AB (A)	407		10,710
Systemair AB	3,604		31,749
Tethys Oil AB	2,334		16,156
Troax Group AB	1,308		50,226
VBG Group AB, B Shares	630		12,347
Vitec Software Group AB, B Shares	273		14,899
Wihlborgs Fastigheter AB	2,828		56,211
			4,428,357

International Small Company Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Switzerland - 6.6%
Allreal Holding AG	692	$	137,224
ALSO Holding AG (A)	324		93,453
APG SGA SA (A)	84		19,436
Arbonia AG	2,962		57,704
Aryzta AG (A)	57,916		86,400
Ascom Holding AG (A)	1,310		20,654
Autoneum Holding AG (A)	221		35,732
Bachem Holding AG, Class B	205		156,661
Baloise Holding AG	500		75,845
Banque Cantonale de Geneve, Bearer Shares	142		25,421
Banque Cantonale Vaudoise	549		41,742
Belimo Holding AG	500		263,908
Bell Food Group AG	138		42,760
Bellevue Group AG	467		19,678
Berner Kantonalbank AG	242		53,833
BKW AG	935		100,943
Bobst Group SA (A)	632		54,763
Bossard Holding AG, Class A	310		96,831
Bucher Industries AG	390		185,176
Burckhardt Compression Holding AG	143		57,668
Burkhalter Holding AG	218		15,449
Bystronic AG	74		99,892
Calida Holding AG	285		13,781
Carlo Gavazzi Holding AG, Bearer Shares	38		10,168
Cembra Money Bank AG	1,587		106,582
Cie Financiere Tradition SA, Bearer Shares	104		12,435
Clariant AG (A)	8,756		164,353
Coltene Holding AG (A)	198		25,234
Comet Holding AG	339		117,229
DKSH Holding AG	1,744		136,414
dormakaba Holding AG	140		101,567
Dufry AG (A)	2,523		141,733
EFG International AG (A)	4,687		33,777
Emmi AG	107		110,470
Energiedienst Holding AG	979		43,967
Evolva Holding SA (A)(B)	72,989		11,416
Feintool International Holding AG (A)	142		9,183
Fenix Outdoor International AG	225		37,443
Ferrexpo PLC	22,757		99,749
Flughafen Zurich AG (A)	933		166,227
Forbo Holding AG	58		114,564
Fundamenta Real Estate AG	1,024		22,210
Galenica AG (D)	2,186		154,214
GAM Holding AG (A)	11,204		20,399
Georg Fischer AG	220		325,810
Gurit Holding AG, Bearer Shares	22		41,173
Helvetia Holding AG	1,730		187,674
Hiag Immobilien Holding AG	420		45,131
HOCHDORF Holding AG (A)	16		717
Huber + Suhner AG	586		45,312
Hypothekarbank Lenzburg AG	3		13,648
Implenia AG (A)	994		22,055
Ina Invest Holding AG (A)	199		3,977
Inficon Holding AG	106		123,779
Interroll Holding AG	35		148,183
Intershop Holding AG	76		47,348
Investis Holding SA	98		11,066
IWG PLC (A)	38,584		151,069
Jungfraubahn Holding AG (A)	199		29,349
Kardex Holding AG	299		84,193
Komax Holding AG (A)	221		58,102
Kongsberg Automotive ASA (A)	23,611		6,504

 

128

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

International Small Company Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Switzerland (continued)
Kudelski SA, Bearer Shares (B)	2,497	$	10,512
Landis+Gyr Group AG (A)	1,111		71,354
LEM Holding SA	19		44,200
Luzerner Kantonalbank AG	173		77,406
Medacta Group SA (A)(D)	218		34,070
Medartis Holding AG (A)(D)	288		33,533
medmix AG (A)(D)	877		41,406
Metall Zug AG, B Shares	12		25,375
Mobilezone Holding AG	2,336		32,240
Mobimo Holding AG (A)	347		115,181
Novavest Real Estate AG (A)	212		10,385
OC Oerlikon Corp. AG	9,769		106,448
Orascom Development Holding AG (A)	533		6,347
Orior AG	425		41,592
Phoenix Mecano AG, Bearer Shares	38		18,188
Plazza AG, Class A	68		24,524
PSP Swiss Property AG	2,466		297,112
Rieter Holding AG (A)	251		54,856
Romande Energie Holding SA	34		47,053
Schaffner Holding AG	40		12,088
Schweiter Technologies AG, Bearer Shares	48		68,940
Sensirion Holding AG (A)(D)	378		45,945
SFS Group AG	907		123,237
Siegfried Holding AG (A)	220		196,011
SIG Combibloc Group AG (A)	2,666		70,888
Softwareone Holding AG (A)	2,412		52,742
St. Galler Kantonalbank AG, Class A	152		67,754
Sulzer AG	877		83,235
Swiss Prime Site AG	2,641		257,976
Swiss Steel Holding AG (A)	39,436		16,083
Swissquote Group Holding SA	588		108,321
Tecan Group AG	345		195,402
TX Group AG (A)	201		33,165
u-blox Holding AG (A)	431		28,526
Valiant Holding AG	717		68,113
Valora Holding AG (A)	244		47,724
VAT Group AG (D)	1,366		539,120
Vaudoise Assurances Holding SA	64		30,858
Vetropack Holding AG	500		30,942
Vifor Pharma AG	192		24,886
Von Roll Holding AG, Bearer Shares (A)	7,878		8,779
Vontobel Holding AG	1,521		127,967
VZ Holding AG	805		80,170
V-ZUG Holding AG (A)	120		16,733
Walliser Kantonalbank	203		21,875
Warteck Invest AG	8		20,905
Ypsomed Holding AG	103		16,970
Zehnder Group AG	615		65,070
Zug Estates Holding AG, B Shares	16		33,981
Zuger Kantonalbank AG, Bearer Shares	9		64,679
			8,390,245
Taiwan - 0.0%
Ya Hsin Industrial Company, Ltd. (A)(C)	138,000		0
United Arab Emirates - 0.0%
Lamprell PLC (A)	11,610		5,569
Network International Holdings PLC (A)(D)	3,782		18,531
			24,100
United Kingdom - 12.8%
4imprint Group PLC	1,523		61,355
A.G. Barr PLC (A)	4,718		33,000
Advanced Medical Solutions Group PLC	7,031		29,081
Airtel Africa PLC (D)	23,588		31,574

International Small Company Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
United Kingdom (continued)
AJ Bell PLC	6,808	$	36,516
Alliance Pharma PLC	16,518		23,224
Anglo Pacific Group PLC	12,147		21,653
Anglo-Eastern Plantations PLC	1,225		10,318
AO World PLC (A)	8,013		23,361
Aptitude Software Group PLC	2,037		18,694
Ascential PLC (A)	15,022		82,858
Ashmore Group PLC	15,764		72,113
Aston Martin Lagonda Global Holdings PLC (A)(D)	878		22,633
Avon Protection PLC	1,565		40,939
Babcock International Group PLC (A)	22,879		114,065
Bakkavor Group PLC (D)	5,579		10,016
Balfour Beatty PLC	34,581		125,567
Beazley PLC (A)	24,625		125,369
Bellway PLC	5,109		225,341
Biffa PLC (A)(D)	9,837		47,347
Bloomsbury Publishing PLC	2,159		9,722
Bodycote PLC	9,417		110,341
boohoo Group PLC (A)	3,748		10,939
Braemar Shipping Services PLC	1,328		4,542
Brewin Dolphin Holdings PLC	15,066		77,348
Britvic PLC	13,590		163,358
Bytes Technology Group PLC (A)	8,409		56,998
Cairn Energy PLC	24,079		60,758
Capita PLC (A)	67,697		46,116
Card Factory PLC (A)	14,688		10,628
CareTech Holdings PLC	4,102		35,425
Carillion PLC (A)(C)	35,521		4,590
Central Asia Metals PLC	8,189		24,408
Centrica PLC (A)	208,824		158,573
Chemring Group PLC	13,921		59,617
Chesnara PLC	7,709		29,542
Circassia Group PLC (A)	9,034		5,414
Clarkson PLC	1,348		69,064
Clinigen Group PLC	5,031		43,179
Clipper Logistics PLC	3,406		33,323
Close Brothers Group PLC	8,356		173,556
CLS Holdings PLC	10,759		32,096
CMC Markets PLC (D)	7,009		26,719
Coats Group PLC	33,515		30,408
Computacenter PLC	3,949		143,647
Concentric AB	2,526		47,652
ContourGlobal PLC (D)	3,601		9,104
Costain Group PLC (A)	4,797		3,669
Countryside Properties PLC (A)(D)	23,711		160,532
Cranswick PLC	2,746		131,825
Crest Nicholson Holdings PLC	13,693		70,262
Currys PLC	44,671		79,973
CVS Group PLC (A)	2,750		89,314
Daily Mail & General Trust PLC, Class A	7,839		113,764
De La Rue PLC (A)	10,028		24,681
Debenhams PLC (A)(C)	76,182		0
Devro PLC	12,253		35,379
DFS Furniture PLC	12,509		43,729
Dialight PLC (A)	105		507
Dignity PLC (A)	3,439		31,043
Diploma PLC	4,022		152,937
DiscoverIE Group PLC	5,627		78,158
Domino's Pizza Group PLC	21,324		113,237
dotdigital Group PLC	12,814		41,493
Drax Group PLC	21,413		138,539
Dunelm Group PLC	5,320		101,376
DWF Group PLC (D)	5,285		7,677

 

129

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

International Small Company Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
United Kingdom (continued)
easyJet PLC (A)	159	$	1,404
EKF Diagnostics Holdings PLC	8,242		9,317
Electrocomponents PLC	11,645		168,580
Elementis PLC (A)	35,393		71,348
EMIS Group PLC	2,542		47,693
Endeavour Mining PLC	3,258		73,335
EnQuest PLC (A)	115,537		36,674
Equiniti Group PLC (A)(D)	10,616		25,513
Esken, Ltd. (A)	25,251		4,820
Essentra PLC	14,966		53,627
Euromoney Institutional Investor PLC	4,334		59,024
FD Technologies PLC (A)	243		7,671
FDM Group Holdings PLC	3,208		54,783
Fevertree Drinks PLC	5,193		162,925
Firstgroup PLC (A)	78,582		94,526
Forterra PLC (D)	6,408		23,945
Foxtons Group PLC	23,551		15,773
Frasers Group PLC (A)	10,048		91,886
Frontier Developments PLC (A)	532		17,517
Fuller Smith & Turner PLC, Class A (A)	1,525		14,973
Funding Circle Holdings PLC (A)(D)	3,849		8,055
Future PLC	3,994		197,843
Galliford Try Holdings PLC	5,675		13,855
Games Workshop Group PLC	1,052		145,137
Gamesys Group PLC	3,107		77,317
Gamma Communications PLC	1,848		45,320
GB Group PLC	2,086		24,193
Gem Diamonds, Ltd.	12,666		8,722
Genel Energy PLC	4,784		9,166
Genuit Group PLC	12,035		112,075
Genus PLC	693		50,663
Grainger PLC	32,768		134,456
Greggs PLC	5,441		214,535
Gulf Keystone Petroleum, Ltd.	7,420		20,135
Halfords Group PLC	15,547		63,712
Harbour Energy PLC (A)	2,627		12,822
Hays PLC	77,290		168,530
Headlam Group PLC	6,602		43,473
Helical PLC	6,424		38,319
Helios Towers PLC (A)	11,614		28,261
Henry Boot PLC	5,301		20,103
Hill & Smith Holdings PLC	4,214		102,698
Hilton Food Group PLC	3,061		48,026
Hollywood Bowl Group PLC (A)	8,153		26,557
Hunting PLC	8,331		25,354
Hyve Group PLC (A)	12,149		18,132
Ibstock PLC (D)	19,043		52,853
IDOX PLC	10,437		9,855
IG Group Holdings PLC	16,821		181,772
IMI PLC	12,553		279,040
Impax Asset Management Group PLC	2,421		37,489
Inchcape PLC	19,909		216,643
Indivior PLC (A)	36,002		104,061
IntegraFin Holdings PLC	9,972		69,241
International Personal Finance PLC	12,526		23,370
iomart Group PLC	2,265		6,572
IP Group PLC	38,897		73,135
IQE PLC (A)	9,568		6,127
J.D. Wetherspoon PLC (A)	4,332		60,530
James Fisher & Sons PLC	2,814		32,495
James Halstead PLC	2,786		19,668
JET2 PLC (A)	4,917		85,197
John Menzies PLC (A)	3,549		14,979
John Wood Group PLC (A)	29,391		90,798
Johnson Service Group PLC (A)	14,257		28,797

International Small Company Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
United Kingdom (continued)
Jupiter Fund Management PLC	22,824	$	76,489
Just Group PLC (A)	37,116		44,980
Kainos Group PLC	4,099		103,266
Keller Group PLC	4,206		54,049
Kier Group PLC (A)	22,531		36,589
Kin & Carta PLC (A)	3,492		12,905
Lancashire Holdings, Ltd.	11,586		87,259
Learning Technologies Group PLC	10,417		30,321
Liontrust Asset Management PLC	2,411		68,801
Lookers PLC (A)	22,449		19,431
LSL Property Services PLC	6,404		37,810
Luceco PLC (D)	1,922		8,422
M&C Saatchi PLC (A)	253		542
Man Group PLC	73,477		201,550
Marks & Spencer Group PLC (A)	55,905		137,226
Marshalls PLC	10,383		103,992
Marston's PLC (A)	37,566		40,925
McBride PLC (A)	14,770		15,039
Mears Group PLC (A)	8,289		22,941
Meggitt PLC (A)	21,288		210,027
Metro Bank PLC (A)	674		955
Micro Focus International PLC	8,470		46,588
Mitchells & Butlers PLC (A)	16,776		53,346
Mitie Group PLC (A)	68,528		64,994
MJ Gleeson PLC	2,770		29,539
Moneysupermarket.com Group PLC	27,587		78,744
Morgan Advanced Materials PLC	14,263		69,030
Morgan Sindall Group PLC	2,381		76,081
Mortgage Advice Bureau Holdings, Ltd.	1,276		19,638
MP Evans Group PLC	203		2,185
N. Brown Group PLC (A)	9,633		6,482
National Express Group PLC (A)	23,513		76,322
NCC Group PLC	13,335		45,789
Next Fifteen Communications Group PLC	3,756		57,139
Ninety One PLC	12,803		44,285
Norcros PLC	6,666		26,977
Numis Corp. PLC	2,926		14,121
On the Beach Group PLC (A)(D)	5,451		27,965
OSB Group PLC	16,331		110,101
Oxford Instruments PLC	2,839		86,438
PageGroup PLC	17,115		143,344
Pan African Resources PLC	85,815		18,091
Paragon Banking Group PLC	13,704		100,771
PayPoint PLC	2,581		24,637
Pendragon PLC (A)	102,667		25,294
Pennon Group PLC	5,043		76,870
Petrofac, Ltd. (A)(B)	12,318		27,827
Pets at Home Group PLC	24,400		157,344
Pharos Energy PLC (A)	16,636		4,340
Photo-Me International PLC (A)	18,684		15,514
Polar Capital Holdings PLC	3,830		41,710
Porvair PLC	2,468		22,903
Premier Foods PLC	41,106		64,339
Provident Financial PLC (A)	10,619		47,663
Purplebricks Group PLC (A)	7,294		5,890
PZ Cussons PLC	13,141		39,760
QinetiQ Group PLC	27,714		119,960
Quilter PLC (D)	84,985		162,970
Rank Group PLC (A)	7,303		16,769
Rathbone Brothers PLC	2,988		80,877
Reach PLC	28,863		135,602
Redcentric PLC	5,876		10,888
Redde Northgate PLC	8,929		48,182
Redrow PLC	14,867		133,511

 

130

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

International Small Company Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
United Kingdom (continued)
Renew Holdings PLC	4,150	$	43,975
Renewi PLC (A)	5,276		43,252
Renishaw PLC	743		47,170
Ricardo PLC	2,982		17,140
RM PLC	8,752		27,794
Robert Walters PLC	4,693		46,338
Rotork PLC	46,083		215,385
Royal Mail PLC	44,161		249,744
RPS Group PLC	15,418		24,647
RWS Holdings PLC	10,029		84,776
Sabre Insurance Group PLC (D)	5,914		17,387
Saga PLC (A)	4,637		21,990
Savills PLC	7,351		133,308
Senior PLC (A)	21,835		50,152
Serco Group PLC	8,103		14,597
Serica Energy PLC	5,002		15,551
Severfield PLC	11,941		12,130
SIG PLC (A)	64,105		41,408
Smart Metering Systems PLC	3,350		37,814
Softcat PLC	6,128		166,529
Spectris PLC	4,549		236,091
Speedy Hire PLC	24,369		20,871
Spire Healthcare Group PLC (A)(D)	12,358		34,057
Spirent Communications PLC	33,589		125,878
Sportech PLC (A)	11,390		5,677
SSP Group PLC (A)	36,801		136,154
Stagecoach Group PLC (A)	27,597		31,139
SThree PLC	8,144		63,719
Stock Spirits Group PLC	6,082		30,647
Stolt-Nielsen, Ltd.	2,414		33,809
Studio Retail Group PLC (A)	8,139		29,141
STV Group PLC	2,712		13,533
Superdry PLC (A)	3,110		10,971
Synthomer PLC	17,828		119,259
Tate & Lyle PLC	23,148		215,288
Tatton Asset Management PLC	1,955		13,119
Ted Baker PLC (A)	2,896		5,537
Telecom Plus PLC	3,652		59,744
The Go-Ahead Group PLC (A)	3,096		33,387
The Gym Group PLC (A)(D)	5,959		23,814
The Restaurant Group PLC (A)	30,769		42,751
The Vitec Group PLC	2,842		57,471
Thomas Cook Group PLC (A)(C)	58,171		0
TI Fluid Systems PLC (D)	1,686		5,711
Topps Tiles PLC (A)	15,591		14,494
TP Icap Group PLC	45,423		97,636
Travis Perkins PLC	9,266		190,515
Treatt PLC	2,204		30,017
Trifast PLC	7,237		13,862
TT Electronics PLC	14,769		51,479
Tullow Oil PLC (A)(B)	72,437		49,805
Tyman PLC	9,005		50,952
U & I Group PLC (A)	12,008		14,461
Ultra Electronics Holdings PLC	3,309		143,969
Vectura Group PLC	30,807		67,924
Vesuvius PLC	12,719		82,960
Victrex PLC	4,079		130,086
Virgin Money UK PLC (A)	52,278		143,105
Vistry Group PLC	11,609		190,516
Vivo Energy PLC (D)	4,666		6,672
Volex PLC	3,136		18,346
Volution Group PLC	1,861		12,267
VP PLC	637		8,704
Watches of Switzerland Group PLC (A)(D)	4,075		51,596

International Small Company Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
United Kingdom (continued)
Watkin Jones PLC	6,905	$	20,926
WH Smith PLC (A)	4,243		97,436
Wickes Group PLC	13,094		40,166
Wilmington PLC	8,076		24,171
Wincanton PLC	10,534		50,511
Xaar PLC (A)	5,629		12,735
Young & Company's Brewery PLC, Class A (A)	1,224		25,396
Zotefoams PLC	1,549		7,963
			16,217,465
United States - 0.5%
Argonaut Gold, Inc. (A)	12,559		27,268
Atlantic Sapphire ASA (A)(B)	1,333		5,269
Burford Capital, Ltd.	4,895		53,360
Diversified Energy Company PLC	12,927		20,578
Energy Fuels, Inc. (A)	730		5,106
Frontage Holdings Corp. (A)(D)	14,000		9,066
Invesque, Inc. (A)(B)	2,000		4,160
Primo Water Corp.	1,600		25,152
Primo Water Corp. (Toronto Stock Exchange)	6,607		104,066
PureTech Health PLC (A)	9,879		47,641
REC Silicon ASA (A)	13,597		20,333
Reliance Worldwide Corp., Ltd.	32,462		118,040
Samsonite International SA (A)(D)	7,200		15,462
Sims, Ltd.	9,104		85,521
Viemed Healthcare, Inc. (A)	2,600		14,430
Vobile Group, Ltd. (A)	36,000		28,440
			583,892
TOTAL COMMON STOCKS (Cost $115,483,433)		$	124,903,735
PREFERRED SECURITIES - 0.3%
Germany - 0.3%
Biotest AG	486		22,230
Draegerwerk AG & Company KGaA	565		46,287
Fuchs Petrolub SE	2,535		118,479
Jungheinrich AG	2,336		108,331
Sixt SE	838		74,402
STO SE & Company KGaA	163		38,211
Villeroy & Boch AG	625		16,834
			424,774
TOTAL PREFERRED SECURITIES (Cost $301,180)		$	424,774
RIGHTS - 0.0%
Borussia Dortmund GmbH & Company KGaA (Expiration Date: 10-5-21; Strike Price: EUR 4.70) (A)(B)	3,564		70
Deutsche Lufthansa AG (Expiration Date: 10-6-21; Strike Price: EUR 3.58) (A)(B)	4,772		11,332
OPC Energy, Ltd. (Expiration Date: 10-5-21; Strike Price: ILS 25.00) (A)	46		192
Sandfire Resources Ltd. (Expiration Date: 10-14-21; Strike Price: AUD 5.40) (A)	8,336		482
TOTAL RIGHTS (Cost $17,785)		$	12,076
WARRANTS - 0.0%
APAC Resources, Ltd. (Expiration Date: 10-6-22; Strike Price: HKD 1.20) (A)	3,079		57
Treasury Metals, Inc. (Expiration Date: 8-7-23; Strike Price: CAD 1.50) (A)	650		133

 

131

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

International Small Company Trust (continued)

	Shares or Principal Amount	Value
WARRANTS (continued)
Webuild SpA (Expiration Date: 8-2-30) (A)(E)	1,316	$	1,708
TOTAL WARRANTS (Cost $0)		$	1,898
SHORT-TERM INVESTMENTS - 2.3%
Short-term funds - 2.3%
John Hancock Collateral Trust, 0.0303% (F)(G)	294,894		2,950,767
TOTAL SHORT-TERM INVESTMENTS (Cost $2,950,753)		$	2,950,767
Total Investments (International Small Company Trust) (Cost $118,753,151) - 100.9%		$	128,293,250
Other assets and liabilities, net - (0.9%)			(1,191,080)
TOTAL NET ASSETS - 100.0%		$	127,102,170

Currency Abbreviations
AUD	Australian Dollar
CAD	Canadian Dollar

International Small Company Trust (continued)

EUR	Euro
HKD	Hong Kong Dollar
ILS	Israeli New Shekel
Security Abbreviations and Legend
(A)	Non-income producing security.
(B)	All or a portion of this security is on loan as of 9-30-21. The value of securities on loan amounted to $4,044,941. In addition to the cash collateral invested in John Hancock Collateral Trust, non-cash collateral of $1,851,614 in the form of U.S. Treasuries was pledged to the fund.
(C)	Security is valued using significant unobservable inputs and is classified as Level 3 in the fair value hierarchy.
(D)	These 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.
(E)	Strike price and/or expiration date not available.
(F)	The rate shown is the annualized seven-day yield as of 9-30-21.
(G)	Investment is an affiliate of the fund, the advisor and/or subadvisor. This security represents the investment of cash collateral received for securities lending.

 

DERIVATIVES

FUTURES

Open contracts	Number of contracts	Position	Expiration date	Notional basis^	Notional value^	Unrealized appreciation (depreciation)
Mini MSCI EAFE Index Futures	7	Long	Dec 2021	$828,572	$792,820	$(35,752)
						$(35,752)

^ Notional basis refers to the contractual amount agreed upon at inception of open contracts; notional value represents the current value of the open contract.

Investment Quality Bond Trust

		Shares or Principal Amount	Value
U.S. GOVERNMENT AND AGENCY OBLIGATIONS – 73.5%
U.S. Government – 32.2%
U.S. Treasury Bonds
1.250%, 05/15/2050	$	1,335,000	$	1,092,145
1.750%, 08/15/2041		2,475,000		2,365,945
1.875%, 02/15/2051		2,545,000		2,426,896
2.250%, 05/15/2041 to 08/15/2046		7,670,000		7,949,760
2.500%, 02/15/2045 (A)		1,204,000		1,300,226
2.500%, 02/15/2046		648,000		700,802
2.875%, 05/15/2043		1,170,000		1,342,712
3.000%, 11/15/2044 to 02/15/2048		9,575,000		11,312,671
3.125%, 08/15/2044 (A)		5,535,000		6,624,054
3.125%, 05/15/2048		3,205,000		3,899,584
3.375%, 05/15/2044		1,690,000		2,100,551
3.625%, 08/15/2043		680,000		872,817
3.750%, 11/15/2043 (A)		2,908,000		3,804,482
4.375%, 11/15/2039		1,170,000		1,621,364
5.375%, 02/15/2031		3,000		4,038
6.500%, 11/15/2026		3,135,000		3,997,370
U.S. Treasury Inflation Protected Securities
0.125%, 02/15/2051		199,202		218,178
0.375%, 01/15/2027		717,544		792,166
0.750%, 07/15/2028		173,987		199,204
0.875%, 02/15/2047		1,023,347		1,310,604
1.000%, 02/15/2048		243,520		322,893
U.S. Treasury Notes
0.375%, 01/31/2026		1,610,000		1,575,410
0.625%, 05/15/2030 (A)		14,855,000		13,865,054

Investment Quality Bond Trust (continued)

		Shares or Principal Amount	Value
U.S. GOVERNMENT AND AGENCY OBLIGATIONS (continued)
U.S. Government (continued)
U.S. Treasury Notes (continued)
0.625%, 08/15/2030	$	1,590,000	$	1,479,135
0.875%, 11/15/2030		1,425,000		1,352,303
1.625%, 05/15/2031		6,790,000		6,869,570
2.750%, 02/15/2028		6,865,000		7,510,471
				86,910,405
U.S. Government Agency – 41.3%
Federal Home Loan Mortgage Corp.
3.000%, 12/01/2046 to 04/01/2048		332,228		351,867
3.500%, 03/01/2048 to 06/01/2048		1,046,912		1,110,882
5.000%, 12/01/2034		96,874		108,369
6.500%, 04/01/2029 to 08/01/2034		6,472		7,675
7.500%, 12/01/2025 to 05/01/2028		1,820		2,037
Federal National Mortgage Association
2.000%, TBA (B)		44,190,000		44,467,105
2.500%, TBA (B)		8,000,000		8,243,700
2.500%, 07/01/2030 to 04/01/2045		859,226		891,556
2.660%, 03/01/2027		793,286		840,876
2.720%, 03/01/2027		716,567		761,529
3.000%, TBA (B)		8,600,000		9,011,692
3.500%, 06/01/2046 to 05/01/2048		3,761,634		4,003,688
4.000%, TBA (B)		5,800,000		6,214,836
4.500%, TBA (B)		3,300,000		3,568,769
5.000%, TBA (B)		1,800,000		1,978,935

 

132

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Investment Quality Bond Trust (continued)

		Shares or Principal Amount	Value
U.S. GOVERNMENT AND AGENCY OBLIGATIONS (continued)
U.S. Government Agency (continued)
Government National Mortgage Association
2.000%, TBA (B)	$	4,200,000	$	4,253,753
3.000%, TBA (B)		11,500,000		12,002,743
3.500%, TBA (B)		5,400,000		5,678,930
4.000%, TBA (B)		2,600,000		2,759,134
4.000%, 11/15/2040 to 02/15/2042		32,939		36,108
4.500%, TBA (B)		4,600,000		4,905,609
6.000%, 08/15/2032 to 04/15/2035		40,535		46,726
6.500%, 06/15/2028 to 02/15/2035		18,904		21,120
7.000%, 11/15/2031 to 11/15/2033		91,452		102,584
				111,370,223
TOTAL U.S. GOVERNMENT AND AGENCY OBLIGATIONS (Cost $196,859,924)			$	198,280,628
FOREIGN GOVERNMENT OBLIGATIONS – 6.2%
Angola – 0.1%
Republic of Angola
8.000%, 11/26/2029		200,000		205,068
8.250%, 05/09/2028		200,000		207,196
				412,264
Argentina – 0.0%
Republic of Argentina
1.000%, 07/09/2029		5,292		2,011
(1.125% to 7-9-22, then 1.500% to 7-9-23, then 3.625% to 7-9-24, then 4.125% to 7-9-27, then 4.750% to 7-9-28, then 5.000% thereafter), 07/09/2035		155,241		50,773
				52,784
Benin – 0.1%
Republic of Benin 4.950%, 01/22/2035	EUR	305,000		344,276
Bermuda – 0.1%
Government of Bermuda 2.375%, 08/20/2030 (C)	$	200,000		198,000
Brazil – 0.7%
Federative Republic of Brazil
3.875%, 06/12/2030		990,000		959,756
10.000%, 01/01/2031	BRL	5,476,000		971,317
				1,931,073
Chile – 0.1%
Republic of Chile
3.100%, 05/07/2041	$	240,000		231,605
3.250%, 09/21/2071		200,000		180,672
				412,277
Colombia – 0.4%
Republic of Colombia
3.875%, 04/25/2027		605,000		627,004
5.000%, 06/15/2045		200,000		194,928
5.625%, 02/26/2044		200,000		208,578
				1,030,510
Croatia – 0.2%
Republic of Croatia 1.500%, 06/17/2031	EUR	515,000		623,474
Dominican Republic – 0.2%
Government of Dominican Republic 6.400%, 06/05/2049 (C)	$	425,000		449,867
Egypt – 0.1%
Arab Republic of Egypt 7.625%, 05/29/2032 (C)		210,000		209,271

Investment Quality Bond Trust (continued)

		Shares or Principal Amount	Value
FOREIGN GOVERNMENT OBLIGATIONS (continued)
Ghana – 0.1%
Republic of Ghana 6.375%, 02/11/2027 (C)	$	200,000	$	188,050
Hungary – 0.3%
Republic of Hungary 1.625%, 04/28/2032	EUR	650,000		793,953
Indonesia – 0.2%
Republic of Indonesia 1.100%, 03/12/2033		530,000		594,432
Ivory Coast – 0.1%
Republic of Ivory Coast 4.875%, 01/30/2032		225,000		253,546
Jordan – 0.1%
The Hashemite Kingdom of Jordan 5.850%, 07/07/2030	$	210,000		217,873
Macedonia – 0.2%
Republic of Macedonia 3.675%, 06/03/2026 (C)	EUR	265,000		335,811
Republic of North Macedonia 2.750%, 01/18/2025		210,000		254,613
				590,424
Mexico – 1.3%
Government of Mexico
1.125%, 01/17/2030		200,000		226,745
1.450%, 10/25/2033		600,000		655,742
2.659%, 05/24/2031	$	200,000		192,946
4.280%, 08/14/2041		235,000		239,771
4.750%, 04/27/2032 to 03/08/2044		311,000		345,201
7.750%, 05/29/2031	MXN	35,584,600		1,767,430
				3,427,835
Panama – 0.3%
Republic of Panama
3.870%, 07/23/2060	$	585,000		572,083
4.300%, 04/29/2053		200,000		211,566
				783,649
Peru – 0.1%
Republic of Peru
2.392%, 01/23/2026		35,000		35,711
3.300%, 03/11/2041		115,000		111,458
				147,169
Philippines – 0.3%
Republic of the Philippines
1.200%, 04/28/2033	EUR	535,000		618,882
1.750%, 04/28/2041		200,000		231,175
				850,057
Romania – 0.4%
Republic of Romania
2.625%, 12/02/2040 (C)		335,000		361,689
2.750%, 04/14/2041		175,000		188,271
3.375%, 02/08/2038		170,000		204,295
4.625%, 04/03/2049		317,000		429,665
				1,183,920
Saudi Arabia – 0.4%
Kingdom of Saudi Arabia
2.000%, 07/09/2039		400,000		484,953
2.250%, 02/02/2033 (C)	$	485,000		471,546
				956,499
Senegal – 0.2%
Republic of Senegal
4.750%, 03/13/2028	EUR	200,000		240,764
6.250%, 05/23/2033	$	255,000		266,175
				506,939

 

133

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Investment Quality Bond Trust (continued)

		Shares or Principal Amount	Value
FOREIGN GOVERNMENT OBLIGATIONS (continued)
Serbia – 0.1%
Republic of Serbia 1.650%, 03/03/2033 (C)	EUR	330,000	$	363,328
United Arab Emirates – 0.1%
Finance Department Government of Sharjah 3.625%, 03/10/2033 (C)	$	280,000		275,845
TOTAL FOREIGN GOVERNMENT OBLIGATIONS (Cost $17,526,154)			$	16,797,315
CORPORATE BONDS – 26.7%
Communication services – 3.0%
AT&T, Inc.
3.500%, 02/01/2061		45,000		43,063
3.550%, 09/15/2055		798,000		786,943
3.650%, 06/01/2051		215,000		219,082
3.800%, 12/01/2057		51,000		52,099
CCO Holdings LLC
4.250%, 02/01/2031 (C)		110,000		111,909
4.500%, 08/15/2030 (C)		70,000		72,220
Charter Communications Operating LLC
5.750%, 04/01/2048		125,000		157,912
6.484%, 10/23/2045		250,000		339,895
6.834%, 10/23/2055		40,000		59,118
Comcast Corp.
2.887%, 11/01/2051 (C)		146,000		140,040
2.937%, 11/01/2056 (C)		71,000		67,066
2.987%, 11/01/2063 (C)		77,000		72,156
3.250%, 11/01/2039		35,000		36,953
3.750%, 04/01/2040		365,000		410,086
4.049%, 11/01/2052		24,000		27,922
Cox Communications, Inc. 2.600%, 06/15/2031 (C)		170,000		172,066
CSC Holdings LLC 3.375%, 02/15/2031 (C)		430,000		399,900
Discovery Communications LLC
3.800%, 03/13/2024		80,000		85,319
3.950%, 06/15/2025		12,000		13,093
4.000%, 09/15/2055		246,000		257,242
5.300%, 05/15/2049		100,000		124,923
Lamar Media Corp. 3.750%, 02/15/2028		10,000		10,286
Sirius XM Radio, Inc. 4.125%, 07/01/2030 (C)		40,000		40,186
Sprint Corp. 7.125%, 06/15/2024		85,000		96,747
Telecom Italia Capital SA
6.000%, 09/30/2034		15,000		16,838
7.721%, 06/04/2038		25,000		32,000
Telefonica Celular del Paraguay SA 5.875%, 04/15/2027 (C)		400,000		419,000
Time Warner Cable LLC
4.500%, 09/15/2042		455,000		497,925
5.875%, 11/15/2040		110,000		138,754
T-Mobile USA, Inc.
2.050%, 02/15/2028		185,000		186,480
3.500%, 04/15/2025		320,000		344,738
3.875%, 04/15/2030		190,000		209,791
4.500%, 04/15/2050		140,000		163,208
VEON Holdings BV 3.375%, 11/25/2027 (C)		225,000		228,107
Verizon Communications, Inc.
2.650%, 11/20/2040		145,000		136,238
2.850%, 09/03/2041		90,000		87,837
2.987%, 10/30/2056		83,000		76,639
3.400%, 03/22/2041		415,000		433,402

Investment Quality Bond Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Communication services (continued)
Verizon Communications, Inc. (continued)
3.550%, 03/22/2051	$	100,000	$	105,460
4.272%, 01/15/2036		160,000		187,954
4.400%, 11/01/2034		225,000		266,462
4.812%, 03/15/2039		20,000		24,810
ViacomCBS, Inc. 4.200%, 05/19/2032		60,000		68,632
Videotron, Ltd. 5.375%, 06/15/2024 (C)		40,000		43,500
Vodafone Group PLC 6.150%, 02/27/2037		120,000		164,155
WMG Acquisition Corp. 3.875%, 07/15/2030 (C)		450,000		468,000
				8,096,156
Consumer discretionary – 1.4%
Alibaba Group Holding, Ltd. 3.400%, 12/06/2027		235,000		251,710
Amazon.com, Inc. 3.875%, 08/22/2037		170,000		200,729
AutoZone, Inc. 3.625%, 04/15/2025		55,000		59,612
General Motors Company
5.200%, 04/01/2045		80,000		97,420
6.125%, 10/01/2025		70,000		82,018
General Motors Financial Company, Inc.
1.250%, 01/08/2026		135,000		133,288
1.500%, 06/10/2026		360,000		357,818
Hanesbrands, Inc. 4.875%, 05/15/2026 (C)		50,000		54,150
Howard University
2.701%, 10/01/2029		100,000		101,481
2.801%, 10/01/2030		100,000		102,268
3.476%, 10/01/2041		120,000		124,918
KFC Holding Company/Pizza Hut Holdings LLC/Taco Bell of America LLC 4.750%, 06/01/2027 (C)		20,000		20,880
Las Vegas Sands Corp. 3.500%, 08/18/2026		180,000		183,861
Lithia Motors, Inc. 4.625%, 12/15/2027 (C)		30,000		31,575
McDonald's Corp.
3.350%, 04/01/2023		180,000		187,483
3.625%, 09/01/2049		160,000		174,461
New Red Finance, Inc. 3.500%, 02/15/2029 (C)		60,000		59,400
PulteGroup, Inc. 5.500%, 03/01/2026		307,000		355,831
Service Corp. International
3.375%, 08/15/2030		335,000		334,322
5.125%, 06/01/2029		507,000		551,185
The Home Depot, Inc. 3.300%, 04/15/2040		190,000		205,862
The William Carter Company 5.625%, 03/15/2027 (C)		105,000		108,848
Toll Brothers Finance Corp. 4.875%, 11/15/2025		50,000		56,000
				3,835,120
Consumer staples – 1.0%
Altria Group, Inc. 3.700%, 02/04/2051		130,000		122,401
Anheuser-Busch InBev Worldwide, Inc.
3.750%, 07/15/2042		299,000		322,436
4.750%, 04/15/2058		35,000		42,916

 

134

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Investment Quality Bond Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Consumer staples (continued)
Anheuser-Busch InBev Worldwide, Inc. (continued)
5.450%, 01/23/2039	$	258,000	$	334,162
BAT Capital Corp. 2.789%, 09/06/2024		250,000		262,914
BAT International Finance PLC 1.668%, 03/25/2026		440,000		440,245
Conagra Brands, Inc.
4.300%, 05/01/2024		70,000		75,885
5.400%, 11/01/2048		30,000		39,833
Constellation Brands, Inc.
3.150%, 08/01/2029		92,000		98,381
4.650%, 11/15/2028		15,000		17,306
Kellogg Company 3.400%, 11/15/2027		150,000		163,952
Kernel Holding SA 6.500%, 10/17/2024		200,000		211,062
NBM US Holdings, Inc. 7.000%, 05/14/2026 (C)		420,000		446,880
TreeHouse Foods, Inc. 4.000%, 09/01/2028 (D)		20,000		19,573
				2,597,946
Energy – 2.1%
Apache Corp. 4.875%, 11/15/2027		20,000		21,810
BP Capital Markets America, Inc.
2.939%, 06/04/2051		80,000		75,640
3.060%, 06/17/2041		55,000		55,533
3.379%, 02/08/2061		105,000		104,491
3.633%, 04/06/2030		215,000		239,693
Continental Resources, Inc. 5.750%, 01/15/2031 (C)		20,000		24,175
DCP Midstream Operating LP
4.950%, 04/01/2022		20,000		20,100
5.600%, 04/01/2044		30,000		34,950
Energy Transfer LP
4.950%, 06/15/2028		45,000		51,631
5.250%, 04/15/2029		225,000		263,738
6.125%, 12/15/2045		290,000		368,998
Enterprise Products Operating LLC
3.300%, 02/15/2053		20,000		19,505
4.250%, 02/15/2048		65,000		73,623
4.950%, 10/15/2054		80,000		100,668
EQM Midstream Partners LP 6.500%, 07/01/2027 (C)		15,000		16,871
Equinor ASA
1.750%, 01/22/2026		170,000		174,171
3.625%, 04/06/2040		125,000		139,661
3.700%, 04/06/2050		60,000		69,039
Exxon Mobil Corp. 4.227%, 03/19/2040		190,000		225,560
Galaxy Pipeline Assets Bidco, Ltd.
2.160%, 03/31/2034 (C)		265,000		260,057
2.625%, 03/31/2036 (C)		630,000		620,220
2.940%, 09/30/2040 (C)		200,000		199,583
Halliburton Company 4.850%, 11/15/2035		85,000		100,254
Hess Corp.
7.125%, 03/15/2033		58,000		78,434
7.300%, 08/15/2031		155,000		209,673
Leviathan Bond, Ltd. 6.500%, 06/30/2027 (C)		235,000		257,767
Lundin Energy Finance BV
2.000%, 07/15/2026 (C)		200,000		201,207
3.100%, 07/15/2031 (C)		285,000		288,974

Investment Quality Bond Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Energy (continued)
Marathon Petroleum Corp. 4.700%, 05/01/2025	$	200,000	$	223,249
MPLX LP 1.750%, 03/01/2026		25,000		25,154
NGPL PipeCo LLC 3.250%, 07/15/2031 (C)		105,000		107,583
Ovintiv, Inc. 6.500%, 08/15/2034		5,000		6,743
Qatar Petroleum
2.250%, 07/12/2031 (C)		295,000		292,168
3.300%, 07/12/2051 (C)		200,000		202,000
Shell International Finance BV 3.250%, 04/06/2050		85,000		90,420
Sunoco LP 5.875%, 03/15/2028		20,000		21,100
Targa Resources Partners LP 4.875%, 02/01/2031		20,000		21,575
Tullow Oil PLC 7.000%, 03/01/2025 (C)		200,000		173,500
Venture Global Calcasieu Pass LLC 3.875%, 08/15/2029 (C)		35,000		36,052
Western Midstream Operating LP 5.300%, 02/01/2030		40,000		44,200
				5,539,770
Financials – 7.0%
American International Group, Inc. 2.500%, 06/30/2025		445,000		465,956
Aon Corp. 2.200%, 11/15/2022		185,000		188,784
Athene Global Funding 2.646%, 10/04/2031 (C)		215,000		215,236
Bangkok Bank PCL (3.466% to 9-23-31, then 5 Year CMT + 2.150%) 09/23/2036 (C)		410,000		405,397
Bank of America Corp. 7.750%, 05/14/2038		130,000		203,376
Bank of America Corp. (2.456% to 10-22-24, then 3 month LIBOR + 0.870%) 10/22/2025		270,000		282,023
Bank of America Corp. (3.311% to 4-22-41, then SOFR + 1.580%) 04/22/2042		285,000		299,044
Bank of America Corp. (3.366% to 1-23-25, then 3 month LIBOR + 0.810%) 01/23/2026		100,000		106,843
Bank of America Corp. (4.083% to 3-20-50, then 3 month LIBOR + 3.150%) 03/20/2051		575,000		680,413
BNP Paribas SA (1.323% to 1-13-26, then SOFR + 1.004%) 01/13/2027 (C)		200,000		196,642
BNP Paribas SA (2.219% to 6-9-25, then SOFR + 2.074%) 06/09/2026 (C)		240,000		246,331
Brighthouse Financial, Inc. 5.625%, 05/15/2030		305,000		368,187
Capital One Financial Corp. 3.900%, 01/29/2024		205,000		219,432
Citigroup, Inc.
3.200%, 10/21/2026		225,000		242,589
3.700%, 01/12/2026		315,000		346,013
4.450%, 09/29/2027		45,000		51,174
Citigroup, Inc. (2.312% to 11-4-21, then SOFR + 0.867%) 11/04/2022		235,000		235,360
Citigroup, Inc. (2.561% to 5-1-31, then SOFR + 1.167%) 05/01/2032		90,000		90,885

 

135

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Investment Quality Bond Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Financials (continued)
Citigroup, Inc. (3.352% to 4-24-24, then 3 month LIBOR + 0.897%) 04/24/2025	$	220,000	$	233,673
Citigroup, Inc. (3.980% to 3-20-29, then 3 month LIBOR + 1.338%) 03/20/2030		110,000		123,546
Citigroup, Inc. (4.412% to 3-31-30, then SOFR + 3.914%) 03/31/2031		165,000		190,518
Credit Suisse Group AG (6.250% to 12-18-24, then 5 Year U.S. Swap Rate + 3.455%) 12/18/2024 (E)		475,000		511,759
Danske Bank A/S
5.000%, 01/12/2022 (C)		225,000		227,705
5.375%, 01/12/2024 (C)		235,000		257,913
Equitable Financial Life Global Funding 1.800%, 03/08/2028 (C)		380,000		377,558
Fifth Third Bancorp 2.375%, 01/28/2025		205,000		213,126
FirstCash, Inc. 4.625%, 09/01/2028 (C)		250,000		259,375
GE Capital Funding LLC 4.400%, 05/15/2030		235,000		272,299
GTP Acquisition Partners I LLC 3.482%, 06/16/2025 (C)		730,000		769,579
HSBC Holdings PLC (0.976% to 5-24-24, then SOFR + 0.708%) 05/24/2025		290,000		289,489
HSBC Holdings PLC (1.589% to 5-24-26, then SOFR + 1.290%) 05/24/2027		305,000		302,945
HSBC Holdings PLC (4.583% to 6-19-28, then 3 month LIBOR + 1.535%) 06/19/2029		290,000		329,255
JPMorgan Chase & Co. (2.956% to 5-13-30, then SOFR + 2.515%) 05/13/2031		50,000		52,018
JPMorgan Chase & Co. (3.109% to 4-22-40, then SOFR + 2.460%) 04/22/2041		90,000		93,070
JPMorgan Chase & Co. (3.109% to 4-22-50, then SOFR + 2.440%) 04/22/2051		70,000		71,105
JPMorgan Chase & Co. (3.157% to 4-22-41, then SOFR + 1.460%) 04/22/2042		455,000		472,397
JPMorgan Chase & Co. (3.220% to 3-1-24, then 3 month LIBOR + 1.155%) 03/01/2025		40,000		42,250
JPMorgan Chase & Co. (3.509% to 1-23-28, then 3 month LIBOR + 0.945%) 01/23/2029		285,000		310,026
JPMorgan Chase & Co. (3.702% to 5-6-29, then 3 month LIBOR + 1.160%) 05/06/2030		280,000		309,213
JPMorgan Chase & Co. (3.960% to 1-29-26, then 3 month LIBOR + 1.245%) 01/29/2027		595,000		656,638
JPMorgan Chase & Co. (4.005% to 4-23-28, then 3 month LIBOR + 1.120%) 04/23/2029		315,000		351,992
Marsh & McLennan Companies, Inc.
3.875%, 03/15/2024		190,000		204,290
4.750%, 03/15/2039		120,000		151,183

Investment Quality Bond Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Financials (continued)
Massachusetts Mutual Life Insurance Company 3.729%, 10/15/2070 (C)	$	49,000	$	52,758
MGIC Investment Corp. 5.750%, 08/15/2023		30,000		32,025
Morgan Stanley 3.125%, 07/27/2026		55,000		59,196
Morgan Stanley (1.593% to 5-4-26, then SOFR + 0.879%) 05/04/2027		80,000		80,238
Morgan Stanley (1.794% to 2-13-31, then SOFR + 1.034%) 02/13/2032		515,000		490,481
Morgan Stanley (1.928% to 4-28-31, then SOFR + 1.020%) 04/28/2032		350,000		335,663
Morgan Stanley (2.239% to 7-21-31, then SOFR + 1.178%) 07/21/2032		255,000		250,611
Morgan Stanley (3.591% to 7-22-27, then 3 month LIBOR + 1.340%) 07/22/2028		395,000		433,172
MSCI, Inc. 4.000%, 11/15/2029 (C)		15,000		15,881
Navient Corp. 7.250%, 09/25/2023		35,000		38,168
New York Life Global Funding 2.000%, 01/22/2025 (C)		420,000		433,572
NTT Finance Corp. 1.162%, 04/03/2026 (C)		400,000		397,708
Power Finance Corp., Ltd. 3.950%, 04/23/2030 (C)		515,000		526,119
Santander Holdings USA, Inc. 3.700%, 03/28/2022		200,000		202,560
The Bank of New York Mellon Corp. 2.100%, 10/24/2024		260,000		270,891
The Goldman Sachs Group, Inc. 6.750%, 10/01/2037		230,000		329,426
The Goldman Sachs Group, Inc. (2.383% to 7-21-31, then SOFR + 1.248%) 07/21/2032		325,000		321,789
The Goldman Sachs Group, Inc. (2.615% to 4-22-31, then SOFR + 1.281%) 04/22/2032		340,000		344,111
The Goldman Sachs Group, Inc. (4.017% to 10-31-37, then 3 month LIBOR + 1.373%) 10/31/2038		25,000		28,731
The PNC Financial Services Group, Inc.
2.200%, 11/01/2024		70,000		73,348
2.550%, 01/22/2030		45,000		46,776
UBS Group AG 2.650%, 02/01/2022 (C)		380,000		382,930
UBS Group AG (7.000% to 2-19-25, then 5 Year U.S. Swap Rate + 4.866%) 02/19/2025 (E)		200,000		227,500
UniCredit SpA 6.572%, 01/14/2022 (C)		350,000		355,679
Unum Group
4.125%, 06/15/2051		45,000		45,553
4.500%, 12/15/2049		120,000		128,476
Voya Financial, Inc. 4.800%, 06/15/2046		5,000		6,310
Wells Fargo & Company
3.000%, 04/22/2026 to 10/23/2026		310,000		332,445
3.750%, 01/24/2024		330,000		352,795
4.400%, 06/14/2046		60,000		71,309
4.900%, 11/17/2045		15,000		18,993
5.606%, 01/15/2044		15,000		20,252

 

136

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Investment Quality Bond Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Financials (continued)
Wells Fargo & Company (5.013% to 4-4-50, then SOFR + 4.502%) 04/04/2051	$	80,000	$	107,362
Willis North America, Inc. 3.600%, 05/15/2024		115,000		122,683
				18,852,118
Health care – 2.4%
AbbVie, Inc.
3.200%, 11/21/2029		115,000		123,914
4.250%, 11/21/2049		60,000		71,067
4.625%, 10/01/2042		85,000		102,832
Alcon Finance Corp. 2.750%, 09/23/2026 (C)		400,000		422,279
Anthem, Inc. 3.500%, 08/15/2024		130,000		139,154
Astrazeneca Finance LLC 1.750%, 05/28/2028		395,000		397,297
Bausch Health Companies, Inc. 5.750%, 08/15/2027 (C)		50,000		52,375
Baxalta, Inc. 3.600%, 06/23/2022		11,000		11,204
Bayer US Finance II LLC 4.250%, 12/15/2025 (C)		260,000		287,416
Boston Scientific Corp.
1.900%, 06/01/2025		125,000		128,204
3.750%, 03/01/2026		355,000		390,572
Bristol-Myers Squibb Company
0.750%, 11/13/2025		320,000		317,076
2.550%, 11/13/2050		95,000		89,201
Centene Corp.
3.375%, 02/15/2030		5,000		5,177
4.250%, 12/15/2027		50,000		52,333
4.625%, 12/15/2029		585,000		637,533
Cigna Corp. 1.250%, 03/15/2026		450,000		449,043
CommonSpirit Health 3.347%, 10/01/2029		45,000		48,380
CVS Health Corp.
4.125%, 04/01/2040		160,000		183,365
5.125%, 07/20/2045		85,000		109,542
Gilead Sciences, Inc. 1.650%, 10/01/2030		400,000		384,074
GlaxoSmithKline Capital, Inc. 3.625%, 05/15/2025		325,000		354,867
HCA, Inc. 3.500%, 09/01/2030		40,000		42,376
Hill-Rom Holdings, Inc. 4.375%, 09/15/2027 (C)		30,000		31,370
Humana, Inc. 2.150%, 02/03/2032		105,000		102,572
Kaiser Foundation Hospitals
2.810%, 06/01/2041		100,000		101,176
3.002%, 06/01/2051		165,000		168,617
Royalty Pharma PLC
2.150%, 09/02/2031		245,000		235,919
3.300%, 09/02/2040		55,000		54,827
Sutter Health 3.361%, 08/15/2050		110,000		116,356
Teleflex, Inc. 4.250%, 06/01/2028 (C)		25,000		25,977
Teva Pharmaceutical Finance Netherlands III BV 3.150%, 10/01/2026		345,000		330,338
UnitedHealth Group, Inc.
2.375%, 08/15/2024		170,000		178,049

Investment Quality Bond Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Health care (continued)
UnitedHealth Group, Inc. (continued)
2.750%, 05/15/2040	$	140,000	$	140,043
3.500%, 08/15/2039		100,000		110,406
4.750%, 07/15/2045		50,000		65,532
				6,460,463
Industrials – 2.0%
Ashtead Capital, Inc. 4.375%, 08/15/2027 (C)		605,000		634,028
BOC Aviation USA Corp. 1.625%, 04/29/2024 (C)		605,000		609,649
Builders FirstSource, Inc. 5.000%, 03/01/2030 (C)		225,000		239,767
BWX Technologies, Inc. 4.125%, 04/15/2029 (C)		55,000		56,306
Clean Harbors, Inc.
4.875%, 07/15/2027 (C)		625,000		648,438
5.125%, 07/15/2029 (C)		25,000		27,375
DAE Funding LLC 1.550%, 08/01/2024 (C)		435,000		431,024
Equifax, Inc. 2.600%, 12/15/2025		133,000		139,452
Imola Merger Corp. 4.750%, 05/15/2029 (C)		10,000		10,345
International Airport Finance SA 12.000%, 03/15/2033 (C)		326,174		353,083
L3Harris Technologies, Inc. 3.850%, 06/15/2023		260,000		273,937
Northrop Grumman Corp. 5.150%, 05/01/2040		95,000		123,604
Otis Worldwide Corp. 2.565%, 02/15/2030		165,000		169,391
Penske Truck Leasing Company LP
2.700%, 11/01/2024 (C)		250,000		262,448
4.000%, 07/15/2025 (C)		170,000		185,791
Raytheon Technologies Corp.
3.650%, 08/16/2023		4,000		4,225
3.950%, 08/16/2025		60,000		66,079
4.450%, 11/16/2038		120,000		145,300
Sensata Technologies BV 5.000%, 10/01/2025 (C)		75,000		82,594
The Boeing Company
5.040%, 05/01/2027		220,000		253,072
5.150%, 05/01/2030		135,000		158,448
Trane Technologies Luxembourg Finance SA 4.500%, 03/21/2049		40,000		49,363
Union Pacific Corp.
2.375%, 05/20/2031		290,000		297,056
2.973%, 09/16/2062		90,000		86,785
United Airlines, Inc. 4.625%, 04/15/2029 (C)		45,000		46,505
United Rentals North America, Inc.
4.000%, 07/15/2030		35,000		36,313
5.500%, 05/15/2027		65,000		68,226
				5,458,604
Information technology – 3.6%
Apple, Inc.
1.400%, 08/05/2028		550,000		541,144
2.200%, 09/11/2029		85,000		87,522
2.650%, 05/11/2050 to 02/08/2051		335,000		320,752
3.450%, 02/09/2045		45,000		49,828
4.375%, 05/13/2045		35,000		44,095
Black Knight InfoServ LLC 3.625%, 09/01/2028 (C)		824,000		828,120

 

137

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Investment Quality Bond Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Information technology (continued)
Booz Allen Hamilton, Inc.
3.875%, 09/01/2028 (C)	$	510,000	$	522,811
4.000%, 07/01/2029 (C)		80,000		82,000
Broadcom, Inc.
3.187%, 11/15/2036 (C)		225,000		224,117
3.419%, 04/15/2033 (C)		420,000		434,772
3.469%, 04/15/2034 (C)		46,000		47,368
4.300%, 11/15/2032		35,000		39,222
CDK Global, Inc. 5.250%, 05/15/2029 (C)		83,000		89,651
CDW LLC
3.250%, 02/15/2029		310,000		317,750
4.125%, 05/01/2025		230,000		238,338
4.250%, 04/01/2028		20,000		20,885
Entegris, Inc.
3.625%, 05/01/2029 (C)		20,000		20,403
4.375%, 04/15/2028 (C)		40,000		41,900
Fair Isaac Corp. 4.000%, 06/15/2028 (C)		18,000		18,450
Gartner, Inc.
3.625%, 06/15/2029 (C)		50,000		50,380
3.750%, 10/01/2030 (C)		143,000		147,176
4.500%, 07/01/2028 (C)		193,000		202,650
Go Daddy Operating Company LLC
3.500%, 03/01/2029 (C)		55,000		54,519
5.250%, 12/01/2027 (C)		454,000		473,295
HP, Inc. 2.200%, 06/17/2025		60,000		61,918
IBM Corp. 3.500%, 05/15/2029		175,000		193,395
Intel Corp.
2.800%, 08/12/2041		215,000		214,334
3.050%, 08/12/2051		150,000		149,011
3.100%, 02/15/2060		175,000		172,174
Leidos, Inc. 3.625%, 05/15/2025		130,000		140,163
Marvell Technology, Inc.
2.450%, 04/15/2028 (C)		245,000		249,599
2.950%, 04/15/2031 (C)		190,000		195,301
Mastercard, Inc. 2.950%, 03/15/2051		110,000		113,671
Microchip Technology, Inc.
2.670%, 09/01/2023		370,000		383,613
4.250%, 09/01/2025		10,000		10,457
Microsoft Corp. 3.041%, 03/17/2062		129,000		136,266
Nokia OYJ
4.375%, 06/12/2027		130,000		142,675
6.625%, 05/15/2039		40,000		54,600
NortonLifeLock, Inc. 5.000%, 04/15/2025 (C)		530,000		538,448
NVIDIA Corp. 3.500%, 04/01/2040		185,000		205,157
NXP BV
4.300%, 06/18/2029 (C)		25,000		28,335
4.875%, 03/01/2024 (C)		285,000		310,856
5.350%, 03/01/2026 (C)		115,000		132,980
5.550%, 12/01/2028 (C)		95,000		115,240
Oracle Corp.
2.875%, 03/25/2031		225,000		231,524
3.850%, 04/01/2060		440,000		447,109
3.950%, 03/25/2051		80,000		84,370
4.100%, 03/25/2061		115,000		122,432
Qorvo, Inc. 3.375%, 04/01/2031 (C)		15,000		15,816

Investment Quality Bond Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Information technology (continued)
SS&C Technologies, Inc. 5.500%, 09/30/2027 (C)	$	262,000	$	276,654
Western Digital Corp. 4.750%, 02/15/2026		20,000		22,150
Xerox Holdings Corp. 5.500%, 08/15/2028 (C)		40,000		41,411
				9,686,807
Materials – 0.9%
Ball Corp. 4.000%, 11/15/2023		570,000		600,638
Commercial Metals Company 5.375%, 07/15/2027		20,000		20,988
DuPont de Nemours, Inc. 4.205%, 11/15/2023		340,000		365,113
FS Luxembourg Sarl 10.000%, 12/15/2025 (C)		200,000		219,802
Kaiser Aluminum Corp. 4.625%, 03/01/2028 (C)		20,000		20,650
LYB International Finance III LLC 1.250%, 10/01/2025		170,000		169,855
Metinvest BV 5.625%, 06/17/2025 (C)	EUR	195,000		235,663
Olin Corp. 5.125%, 09/15/2027	$	45,000		46,744
Standard Industries, Inc.
3.375%, 01/15/2031 (C)		40,000		38,068
4.375%, 07/15/2030 (C)		410,000		418,200
Suzano Austria GmbH 3.125%, 01/15/2032		170,000		164,178
The Chemours Company 5.375%, 05/15/2027 (D)		45,000		48,526
Vale Overseas, Ltd. 3.750%, 07/08/2030		135,000		139,853
				2,488,278
Real estate – 0.6%
American Tower Corp.
1.450%, 09/15/2026		85,000		84,605
1.500%, 01/31/2028		45,000		43,589
2.400%, 03/15/2025		135,000		140,366
Equinix, Inc. 2.000%, 05/15/2028		90,000		89,765
GLP Capital LP
4.000%, 01/15/2031		150,000		161,790
5.300%, 01/15/2029		130,000		151,991
5.750%, 06/01/2028		130,000		152,523
SBA Tower Trust
2.836%, 01/15/2025 (C)		300,000		310,703
3.448%, 03/15/2023 (C)		435,000		440,492
VEREIT Operating Partnership LP
2.200%, 06/15/2028		15,000		15,179
2.850%, 12/15/2032		15,000		15,583
3.400%, 01/15/2028		60,000		64,869
VICI Properties LP 4.250%, 12/01/2026 (C)		10,000		10,443
				1,681,898
Utilities – 2.7%
Alabama Power Company
3.450%, 10/01/2049		120,000		129,541
4.150%, 08/15/2044		105,000		123,076
American Water Capital Corp. 4.150%, 06/01/2049		80,000		94,487
AmeriGas Partners LP
5.625%, 05/20/2024		20,000		21,650
5.875%, 08/20/2026		40,000		45,200

 

138

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Investment Quality Bond Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Utilities (continued)
Cleco Corporate Holdings LLC
3.375%, 09/15/2029	$	140,000	$	143,410
4.973%, 05/01/2046 (D)		10,000		12,214
Commonwealth Edison Company 3.650%, 06/15/2046		175,000		193,597
Duke Energy Carolinas LLC 3.450%, 04/15/2051		5,000		5,403
Duke Energy Corp. 2.550%, 06/15/2031		385,000		390,089
Duke Energy Florida LLC 3.400%, 10/01/2046		75,000		80,087
Duke Energy Indiana LLC
2.750%, 04/01/2050		140,000		133,901
3.250%, 10/01/2049		105,000		108,650
Duke Energy Progress LLC 3.700%, 10/15/2046		125,000		139,469
Duquesne Light Holdings, Inc. 2.775%, 01/07/2032 (C)		130,000		129,882
Enel Finance International NV 1.375%, 07/12/2026 (C)		220,000		218,749
Evergy, Inc.
2.450%, 09/15/2024		90,000		94,092
2.900%, 09/15/2029		175,000		183,657
Exelon Corp. 3.950%, 06/15/2025		210,000		228,633
FirstEnergy Corp.
1.600%, 01/15/2026		35,000		34,613
2.250%, 09/01/2030		175,000		168,875
3.400%, 03/01/2050		140,000		134,590
5.350%, 07/15/2047		65,000		79,259
Georgia Power Company
2.100%, 07/30/2023		255,000		262,549
4.300%, 03/15/2042		200,000		233,181
IPALCO Enterprises, Inc. 3.700%, 09/01/2024		175,000		186,935
ITC Holdings Corp. 2.950%, 05/14/2030 (C)		165,000		173,160
Jersey Central Power & Light Company 2.750%, 03/01/2032 (C)		125,000		128,050
MidAmerican Energy Company
3.150%, 04/15/2050		90,000		94,201
3.650%, 08/01/2048		25,000		28,050
NiSource, Inc. 3.490%, 05/15/2027		210,000		230,126
NRG Energy, Inc.
2.000%, 12/02/2025 (C)		190,000		193,164
2.450%, 12/02/2027 (C)		190,000		192,806
Oglethorpe Power Corp. 5.050%, 10/01/2048		135,000		166,940
Oncor Electric Delivery Company LLC 5.750%, 03/15/2029		70,000		87,253
Pacific Gas & Electric Company
2.500%, 02/01/2031		430,000		409,264
4.950%, 07/01/2050		95,000		101,068
PacifiCorp
4.125%, 01/15/2049		33,000		38,844
4.150%, 02/15/2050		45,000		53,491
Public Service Electric & Gas Company 3.800%, 03/01/2046		15,000		17,261
Public Service Enterprise Group, Inc. 2.875%, 06/15/2024		220,000		231,706
Puget Energy, Inc.
3.650%, 05/15/2025		250,000		266,945
4.100%, 06/15/2030		130,000		143,145

Investment Quality Bond Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Utilities (continued)
Sempra Energy
3.400%, 02/01/2028	$	200,000	$	215,700
3.800%, 02/01/2038		85,000		94,070
4.000%, 02/01/2048		25,000		27,938
Southern California Edison Company
2.850%, 08/01/2029		135,000		140,070
3.650%, 02/01/2050		15,000		15,325
4.000%, 04/01/2047		72,000		77,209
The AES Corp. 3.300%, 07/15/2025 (C)		175,000		185,889
The Southern Company 2.950%, 07/01/2023		70,000		72,669
Zorlu Yenilenebilir Enerji AS 9.000%, 06/01/2026 (C)		285,000		278,616
				7,238,749
TOTAL CORPORATE BONDS (Cost $68,778,155)			$	71,935,909
MUNICIPAL BONDS – 2.2%
Chicago Board of Education (Illinois), GO
6.038%, 12/01/2029		30,000		34,430
6.138%, 12/01/2039		155,000		187,895
6.319%, 11/01/2029		185,000		220,901
Chicago Transit Authority (Illinois) 3.912%, 12/01/2040		90,000		101,426
County of Riverside (California)
2.963%, 02/15/2027		600,000		644,272
3.070%, 02/15/2028		600,000		648,502
Metropolitan Transportation Authority (New York)
4.750%, 11/15/2045		255,000		299,017
5.175%, 11/15/2049		705,000		962,194
Municipal Electric Authority of Georgia 6.637%, 04/01/2057		91,000		136,635
New York Transportation Development Corp. 4.248%, 09/01/2035		715,000		794,605
Philadelphia Authority for Industrial Development (Pennsylvania) 6.550%, 10/15/2028		675,000		866,798
State Board of Administration Finance Corp. (Florida) 1.258%, 07/01/2025		510,000		515,498
State of Illinois, GO
4.950%, 06/01/2023		241,818		255,227
5.000%, 01/01/2023		40,000		41,714
5.947%, 04/01/2022		120,000		123,045
TOTAL MUNICIPAL BONDS (Cost $5,240,303)			$	5,832,159
TERM LOANS (F) – 3.2%
Communication services – 0.2%
Clear Channel Outdoor Holdings, Inc., Term Loan B (3 month LIBOR + 3.500%) 3.629%, 08/21/2026		137,200		134,238
CSC Holdings LLC, 2019 Term Loan B5 (1 month LIBOR + 2.500%) 2.584%, 04/15/2027		97,269		96,032
Delta 2 Lux Sarl, 2018 USD Term Loan (1 month LIBOR + 2.500%) 3.500%, 02/01/2024		131,829		131,335
Terrier Media Buyer, Inc., 2021 Term Loan (1 month LIBOR + 3.500%) 3.584%, 12/17/2026		108,083		107,813
				469,418

 

139

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Investment Quality Bond Trust (continued)

		Shares or Principal Amount	Value
TERM LOANS (F) (continued)
Consumer discretionary – 0.6%
APX Group, Inc., 2021 Term Loan B (1 month LIBOR + 3.500%) 4.000%, 07/10/2028	$	100,000	$	99,656
Boyd Gaming Corp., Term Loan B3 (1 week LIBOR + 2.250%) 2.322%, 09/15/2023		68,473		68,366
Caesars Resort Collection LLC, 2017 1st Lien Term Loan B (1 month LIBOR + 2.750%) 2.834%, 12/23/2024		107,117		106,418
Clarios Global LP, 2021 USD Term Loan B (1 month LIBOR + 3.250%) 3.337%, 04/30/2026		84,521		84,098
Golden Entertainment, Inc., 2017 1st Lien Term Loan (1 month LIBOR + 3.000%) 3.750%, 10/21/2024		105,469		105,073
KFC Holding Company, 2021 Term Loan B (1 month LIBOR + 1.750%) 1.836%, 03/15/2028		97,369		97,247
MajorDrive Holdings IV LLC, Term Loan B (3 month LIBOR + 4.000%) 4.500%, 05/12/2028		99,750		99,906
New Red Finance, Inc., Term Loan B4 (1 month LIBOR + 1.750%) 1.837%, 11/19/2026		685,504		676,647
Staples, Inc., 7 Year Term Loan (3 month LIBOR + 5.000%) 5.126%, 04/16/2026		125,487		119,441
Verisure Holding AB, 2020 EUR Term Loan B (3 month EURIBOR + 3.250%) 3.250%, 07/20/2026	EUR	115,000		132,467
				1,589,319
Consumer staples – 0.2%
Brightview Landscapes LLC, 2018 1st Lien Term Loan B (1 month LIBOR + 2.500%) 2.585%, 08/15/2025	$	167,914		166,865
Coty, Inc., 2018 USD Term Loan B (1 month LIBOR + 2.250%) 2.333%, 04/07/2025		102,426		100,442
Sunshine Luxembourg VII Sarl, 2021 Term Loan B3 (3 month LIBOR + 3.750%) 4.500%, 10/01/2026		197,508		198,001
				465,308
Financials – 0.1%
Asurion LLC, 2018 Term Loan B6 (1 month LIBOR + 3.125%) 3.209%, 11/03/2023		106,506		105,840
Asurion LLC, 2020 Term Loan B8 (1 month LIBOR + 3.250%) 3.334%, 12/23/2026		99,250		97,726
Sedgwick Claims Management Services, Inc., 2019 Term Loan B (1 month LIBOR + 3.750%) 3.834%, 09/03/2026		131,963		131,551
				335,117
Health care – 0.4%
ADMI Corp., 2021 Term Loan B2 (1 month LIBOR + 3.125%) 3.625%, 12/23/2027		99,500		98,629
Bausch Health Americas, Inc., 2018 Term Loan B (1 month LIBOR + 3.000%) 3.084%, 06/02/2025		61,813		61,720
Change Healthcare Holdings LLC, 2017 Term Loan B (1 and 3 month LIBOR + 2.500%) 3.500%, 03/01/2024		99,801		99,682

Investment Quality Bond Trust (continued)

		Shares or Principal Amount	Value
TERM LOANS (F) (continued)
Health care (continued)
Elanco Animal Health, Inc., Term Loan B (1 month LIBOR + 1.750%) 1.836%, 08/02/2027	$	390,669	$	385,645
Endo Luxembourg Finance Company I Sarl, 2021 Term Loan (3 month LIBOR + 5.000%) 5.750%, 03/27/2028		144,123		140,680
Jazz Financing Lux Sarl, USD Term Loan (1 month LIBOR + 3.500%) 4.000%, 05/05/2028		99,750		99,863
Pathway Vet Alliance LLC, 2021 Term Loan (1 month LIBOR + 3.750%) 3.835%, 03/31/2027		98,543		98,276
Zelis Payments Buyer, Inc., 2021 Term Loan (1 month LIBOR + 3.500%) 3.586%, 09/30/2026		124,063		123,498
				1,107,993
Industrials – 0.8%
Altra Industrial Motion Corp., 2018 Term Loan B (1 month LIBOR + 2.000%) 2.085%, 10/01/2025		111,604		110,878
American Builders & Contractors Supply Company, Inc., 2019 Term Loan (1 month LIBOR + 2.000%) 2.084%, 01/15/2027		395,960		393,132
AVSC Holding Corp., 2020 Term Loan B1 (3 month LIBOR + 3.250%) 4.250%, 03/03/2025		72,837		64,770
Brand Industrial Services, Inc., 2017 Term Loan (3 month LIBOR + 4.250%) 5.250%, 06/21/2024		191,500		189,671
Gardner Denver, Inc., 2020 USD Term Loan B2 (1 month LIBOR + 1.750%) 1.837%, 03/01/2027		122,454		120,719
Ingersoll-Rand Services Company, 2020 USD Spinco Term Loan (1 month LIBOR + 1.750%) 1.834%, 03/01/2027		395,980		390,369
RBS Global, Inc., 2019 Term Loan B (1 month LIBOR + 1.750%) 1.834%, 08/21/2024		50,146		50,107
The Dun & Bradstreet Corp., Term Loan (1 month LIBOR + 3.250%) 3.336%, 02/06/2026		197,756		197,508
TK Elevator U.S. Newco, Inc., Term Loan B (3 month LIBOR + 3.500%) 4.000%, 07/29/2027		173,691		173,932
Trans Union LLC, 2019 Term Loan B5 (1 month LIBOR + 1.750%) 1.834%, 11/16/2026		353,853		351,475
TransDigm, Inc., 2020 Term Loan E (1 month LIBOR + 2.250%) 2.334%, 05/30/2025		96,220		95,008
				2,137,569
Information technology – 0.8%
FleetCor Technologies Operating Company LLC, 2021 Term Loan B4 (1 month LIBOR + 1.750%) 1.834%, 04/28/2028		259,350		258,517
Gainwell Acquisition Corp., Term Loan B (3 month LIBOR + 4.000%) 4.750%, 10/01/2027		99,499		99,644

 

140

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Investment Quality Bond Trust (continued)

		Shares or Principal Amount	Value
TERM LOANS (F) (continued)
Information technology (continued)
Go Daddy Operating Company LLC, 2017 Repriced Term Loan (1 month LIBOR + 1.750%) 1.834%, 02/15/2024	$	389,561	$	387,079
Peraton Corp., Term Loan B (1 month LIBOR + 3.750%) 4.500%, 02/01/2028		99,500		99,516
Science Applications International Corp., 2018 Term Loan B (1 month LIBOR + 1.875%) 1.959%, 10/31/2025		391,977		392,357
Solera LLC, USD Term Loan B (6 month LIBOR + 4.000%) 4.500%, 06/02/2028		100,000		100,188
SS&C Technologies, Inc., 2018 Term Loan B3 (1 month LIBOR + 1.750%) 1.834%, 04/16/2025		110,598		109,395
SS&C Technologies, Inc., 2018 Term Loan B4 (1 month LIBOR + 1.750%) 1.834%, 04/16/2025		83,749		82,839
SS&C Technologies, Inc., 2018 Term Loan B5 (1 month LIBOR + 1.750%) 1.834%, 04/16/2025		98,915		97,967
UKG, Inc., Term Loan B (1 month LIBOR + 3.750%) 3.834%, 05/04/2026		98,000		98,139
WEX, Inc., 2021 Term Loan (1 month LIBOR + 2.250%) 2.334%, 03/31/2028		452,725		450,588
				2,176,229
Materials – 0.1%
Axalta Coating Systems US Holdings, Inc., USD Term Loan B3 (3 month LIBOR + 1.750%) 1.882%, 06/01/2024		197,651		197,058
ProAmpac PG Borrower LLC, 2020 Term Loan (3 month LIBOR + 4.000%) 4.500%, 11/03/2025		99,750		99,875
Quikrete Holdings, Inc., 2021 Term Loan B1 02/21/2028 TBD (G)		100,000		99,638
				396,571
TOTAL TERM LOANS (Cost $8,694,821)			$	8,677,524
COLLATERALIZED MORTGAGE OBLIGATIONS – 14.8%
Commercial and residential – 11.9%
Alternative Loan Trust
Series 2005-27, Class 2A1 (12 month Treasury Average Index + 1.350%), 1.457%, 08/25/2035 (H)		133,914		121,176
Series 2005-56, Class 5A1 (1 month LIBOR + 0.640%), 0.732%, 11/25/2035 (H)		65,414		59,025
Series 2005-72, Class A1 (1 month LIBOR + 0.540%), 0.632%, 01/25/2036 (H)		18,530		18,564
Series 2005-7CB, Class 2A8 (1 month LIBOR + 0.450%), 0.542%, 03/01/2038 (H)		114,089		95,599
Series 2006-9T1, Class A1, 5.750%, 05/25/2036		72,295		43,711
American Home Mortgage Assets Trust
Series 2006-3, Class 2A11 (12 month Treasury Average Index + 0.940%), 1.056%, 10/25/2046 (H)		36,829		30,076

Investment Quality Bond Trust (continued)

		Shares or Principal Amount	Value
COLLATERALIZED MORTGAGE OBLIGATIONS (continued)
Commercial and residential (continued)
American Home Mortgage Assets Trust (continued)
Series 2007-2, Class A1 (1 month LIBOR + 0.125%), 0.217%, 03/25/2047 (H)	$	17,174	$	16,509
Angel Oak Mortgage Trust LLC
Series 2019-2, Class A1, 3.628%, 03/25/2049 (C)(I)		42,288		42,692
Series 2020-R1, Class A1, 0.990%, 04/25/2053 (C)(I)		302,017		301,652
Series 2021-2, Class A1, 0.985%, 04/25/2066 (C)(I)		274,299		275,164
Series 2021-4, Class A2, 1.241%, 01/20/2065 (C)(I)		232,763		232,441
Series 2021-5, Class A1, 1.019%, 07/25/2066 (C)(I)		570,283		569,126
Arroyo Mortgage Trust Series 2019-2, Class A1 3.347%, 04/25/2049 (C)(I)		375,107		379,746
BANK
Series 2017-BNK8, Class XA IO, 0.731%, 11/15/2050		4,440,237		169,860
Series 2019-BN18, Class XA IO, 0.900%, 05/15/2062		1,417,144		82,934
Series 2019-BN20, Class XA IO, 0.836%, 09/15/2062		2,443,102		139,098
Series 2019-BN22, Class XA IO, 0.600%, 11/15/2062		2,443,026		105,450
Series 2019-BN23, Class XA IO, 0.697%, 12/15/2052		1,925,676		97,486
Series 2019-BN24, Class XA IO, 0.646%, 11/15/2062		1,187,601		56,279
Series 2020-BN28, Class XA IO, 1.785%, 03/15/2063		2,600,974		348,657
Series 2021-BN31, Class A4, 2.036%, 02/15/2054		285,000		282,988
BBCMS Mortgage Trust
Series 2017-C1, Class XA IO, 1.451%, 02/15/2050		3,231,874		201,006
Series 2017-DELC, Class A (1 month LIBOR + 0.850%), 0.943%, 08/15/2036 (C)(H)		949,000		948,981
BCAP LLC Trust Series 2006-AA2, Class A1 (1 month LIBOR + 0.340%) 0.262%, 01/25/2037 (H)		100,353		99,855
Bear Stearns ALT-A Trust Series 2005-10, Class 11A1 (1 month LIBOR + 0.500%) 0.592%, 01/25/2036 (H)		101,886		124,064
Bear Stearns Mortgage Funding Trust Series 2006-AR3, Class 1A1 (1 month LIBOR + 0.180%) 0.272%, 10/25/2036 (H)		8,945		8,599
Bellemeade Re, Ltd.
Series 2019-1A, Class M1A (1 month LIBOR + 1.300%), 1.392%, 03/25/2029 (C)(H)		25,755		25,759
Series 2019-3A, Class M1A (1 month LIBOR + 1.100%), 1.192%, 07/25/2029 (C)(H)		48,222		48,240

 

141

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Investment Quality Bond Trust (continued)

		Shares or Principal Amount	Value
COLLATERALIZED MORTGAGE OBLIGATIONS (continued)
Commercial and residential (continued)
Bellemeade Re, Ltd. (continued)
Series 2019-4A, Class M1A (1 month LIBOR + 1.400%), 1.492%, 10/25/2029 (C)(H)	$	230,614	$	230,691
Benchmark Mortgage Trust
Series 2018-B1, Class XA IO, 0.511%, 01/15/2051		1,330,374		34,893
Series 2018-B4, Class XA IO, 0.513%, 07/15/2051		2,331,231		59,366
Series 2018-B8, Class XA IO, 0.663%, 01/15/2052		4,749,688		178,525
Series 2019-B10, Class XA IO, 1.227%, 03/15/2062		3,188,666		231,923
Series 2019-B12, Class XA IO, 1.064%, 08/15/2052		1,093,248		65,914
Series 2020-B18, Class XA IO, 1.793%, 07/15/2053		699,118		76,797
Series 2020-B22, Class XA IO, 1.522%, 01/15/2054		1,164,328		137,256
BRAVO Residential Funding Trust
Series 2021-NQM1, Class A1, 0.941%, 02/25/2049 (C)(I)		175,162		175,416
Series 2021-NQM2, Class A1, 0.970%, 03/25/2060 (C)(I)		261,316		261,487
BX Commercial Mortgage Trust Series 2019-XL, Class A (1 month LIBOR + 0.920%) 1.013%, 10/15/2036 (C)(H)		583,222		584,350
CAMB Commercial Mortgage Trust Series 2019-LIFE, Class F (1 month LIBOR + 2.550%) 2.643%, 12/15/2037 (C)(H)		355,000		355,209
Century Plaza Towers Series 2019-CPT, Class A 2.865%, 11/13/2039 (C)		345,000		363,671
Chase Mortgage Finance Trust Series 2005-S3, Class A10 5.500%, 11/25/2035		113,583		106,223
CHL Mortgage Pass-Through Trust
Series 2005-2, Class 2A3 (1 month LIBOR + 0.680%), 0.772%, 03/25/2035 (H)		29,757		28,013
Series 2007-HY4, Class 1A1, 3.041%, 09/25/2047 (I)		71,094		68,593
CIM Trust Series 2017-7, Class A 3.000%, 04/25/2057 (C)(I)		214,009		216,937
Citigroup Commercial Mortgage Trust
Series 2014-GC23, Class XA IO, 0.917%, 07/10/2047		1,718,745		38,241
Series 2015-GC29, Class XA IO, 1.034%, 04/10/2048		1,643,359		51,910
Series 2016-C3, Class C, 4.121%, 11/15/2049 (I)		288,000		298,221
COLT Mortgage Loan Trust
Series 2019-4, Class A1, 2.579%, 11/25/2049 (C)(I)		132,943		132,947
Series 2021-3, Class A1, 0.956%, 09/27/2066 (C)(I)		519,326		517,771

Investment Quality Bond Trust (continued)

		Shares or Principal Amount	Value
COLLATERALIZED MORTGAGE OBLIGATIONS (continued)
Commercial and residential (continued)
Commercial Mortgage Trust (Bank of America Merrill Lynch/Deutsche Bank AG) Series 2013-WWP, Class A2 3.424%, 03/10/2031 (C)	$	800,000	$	829,418
Commercial Mortgage Trust (Cantor Fitzgerald/Deutsche Bank AG)
Series 2014-CR16, Class A4, 4.051%, 04/10/2047		480,000		515,984
Series 2014-CR17, Class A5, 3.977%, 05/10/2047		390,000		418,790
Commercial Mortgage Trust (Deutsche Bank AG)
Series 2013-300P, Class A1, 4.353%, 08/10/2030 (C)		260,000		273,297
Series 2015-3BP, Class A, 3.178%, 02/10/2035 (C)		580,000		615,164
Series 2019-WCM, Class A (1 month LIBOR + 0.900%), 0.993%, 10/15/2034 (C)(H)		59,701		59,739
Credit Suisse Mortgage Capital Certificates
Series 2017-FHA1, Class A1, 3.250%, 04/25/2047 (C)(I)		188,330		197,270
Series 2021-NQM2, Class A1, 1.179%, 02/25/2066 (C)(I)		518,512		518,898
Series 2021-RPL4, Class A1, 1.796%, 12/27/2060 (C)(I)		179,998		180,573
CSAIL Commercial Mortgage Trust
Series 2015-C1, Class A4, 3.505%, 04/15/2050		15,000		16,063
Series 2015-C2, Class XA IO, 0.746%, 06/15/2057		4,981,459		109,563
Series 2016-C6, Class XA IO, 1.867%, 01/15/2049		1,081,058		77,677
DBJPM Mortgage Trust Series 2020-C9, Class XA IO 1.713%, 09/15/2053		529,186		51,679
Deephaven Residential Mortgage Trust Series 2021-2, Class A1 0.899%, 04/25/2066 (C)(I)		162,538		162,497
Deutsche Alt-A Securities Mortgage Loan Trust Series 2007-AR2, Class A1 (1 month LIBOR + 0.150%) 0.242%, 03/25/2037 (H)		47,149		47,712
Ellington Financial Mortgage Trust Series 2021-2, Class A1 0.931%, 06/25/2066 (C)(I)		139,458		139,577
GCAT Trust
Series 2021-NQM2, Class A1, 1.036%, 05/25/2066 (C)(I)		314,539		314,114
Series 2021-NQM3, Class A1, 1.091%, 05/25/2066 (C)(I)		426,998		427,055
GMACM Mortgage Loan Trust Series 2006-AR1, Class 1A1 3.049%, 04/19/2036 (I)		112,016		98,217
GS Mortgage Securities Trust
Series 2012-ALOH, Class A, 3.551%, 04/10/2034 (C)		670,000		674,653
Series 2014-GC20, Class A5, 3.998%, 04/10/2047		395,000		420,176

 

142

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Investment Quality Bond Trust (continued)

		Shares or Principal Amount	Value
COLLATERALIZED MORTGAGE OBLIGATIONS (continued)
Commercial and residential (continued)
GSR Mortgage Loan Trust
Series 2006-AR1, Class 2A1, 2.927%, 01/25/2036 (I)	$	4,238	$	4,367
Series 2007-1F, Class 4A1 (1 month LIBOR + 0.300%), 0.392%, 01/25/2037 (H)		82,492		20,301
HarborView Mortgage Loan Trust
Series 2005-8, Class 1A2A (1 month LIBOR + 0.660%), 0.753%, 09/19/2035 (H)		26,614		22,325
Series 2006-12, Class 2A13 (1 month LIBOR + 0.240%), 0.329%, 12/19/2036 (H)		154,585		153,575
Series 2006-12, Class 2A2A (1 month LIBOR + 0.190%), 0.279%, 01/19/2038 (H)		57,022		55,177
Series 2007-7, Class 2A1B (1 month LIBOR + 1.000%), 1.092%, 10/25/2037 (H)		61,612		58,604
Home Re, Ltd. Series 2018-1, Class M1 (1 month LIBOR + 1.600%) 1.692%, 10/25/2028 (C)(H)		108,016		108,167
Imperial Fund Mortgage Trust Series 2021-NQM2, Class A1 1.073%, 09/25/2056 (C)(I)		267,134		266,972
IndyMac INDA Mortgage Loan Trust Series 2006-AR3, Class 1A1 3.002%, 12/25/2036 (I)		41,879		40,114
JPMBB Commercial Mortgage Securities Trust Series 2014-C19, Class A4 3.997%, 04/15/2047		395,000		420,891
JPMorgan Chase Commercial Mortgage Securities Trust Series 2020-NNN, Class AFX 2.812%, 01/16/2037 (C)		160,000		166,440
JPMorgan Mortgage Trust Series 2006-A3, Class 3A2 3.038%, 05/25/2036 (I)		8,840		7,984
Legacy Mortgage Asset Trust
Series 2019-GS6, Class A1, 3.000%, 06/25/2059 (C)		354,185		355,390
Series 2019-GS7, Class A1, 3.250%, 11/25/2059 (C)		465,033		467,615
Series 2021-GS2, Class A1, 1.750%, 04/25/2061 (C)		184,723		184,912
Series 2021-GS3, Class A1, 1.750%, 07/25/2061 (C)		229,215		229,414
Series 2021-GS4, Class A1, 1.650%, 11/25/2060 (C)		122,738		122,578
Lehman XS Trust Series 2006-16N, Class A4A (1 month LIBOR + 0.190%) 0.282%, 11/25/2046 (H)		125,477		121,068
LSTAR Securities Investment Trust
Series 2019-3, Class A1 (1 month LIBOR + 2.500%), 2.600%, 04/01/2024 (C)(H)		165,886		165,420
Series 2019-4, Class A1 (1 month LIBOR + 2.500%), 2.600%, 05/01/2024 (C)(H)		368,103		365,663

Investment Quality Bond Trust (continued)

		Shares or Principal Amount	Value
COLLATERALIZED MORTGAGE OBLIGATIONS (continued)
Commercial and residential (continued)
LSTAR Securities Investment Trust (continued)
Series 2021-1, Class A (1 month LIBOR + 1.800%), 1.900%, 02/01/2026 (C)(H)	$	388,415	$	390,111
Luminent Mortgage Trust Series 2006-4, Class A1A (1 month LIBOR + 0.380%) 0.472%, 05/25/2046 (H)		113,292		104,078
MASTR Adjustable Rate Mortgages Trust Series 2004-13, Class 3A7 2.791%, 11/21/2034 (I)		17,462		17,749
MFA Trust
Series 2020-NQM3, Class A1, 1.014%, 01/26/2065 (C)(I)		66,029		66,123
Series 2021-NQM1, Class A1, 1.153%, 04/25/2065 (C)(I)		283,553		283,704
MFRA Trust Series 2021-NQM2, Class A1 1.029%, 11/25/2064 (C)(I)		270,255		270,482
Morgan Stanley Bank of America Merrill Lynch Trust Series 2014-C19, Class XA IO 0.980%, 12/15/2047		997,762		25,023
Morgan Stanley Capital I Trust
Series 2014-150E, Class A, 3.912%, 09/09/2032 (C)		610,000		649,644
Series 2017-H1, Class XA IO, 1.344%, 06/15/2050		705,068		38,814
MTRO Commercial Mortgage Trust Series 2019-TECH, Class D (1 month LIBOR + 1.800%) 1.893%, 12/15/2033 (C)(H)		300,000		295,115
Natixis Commercial Mortgage Securities Trust Series 2019-1776, Class C 2.906%, 10/15/2036 (C)		185,000		185,244
New Residential Mortgage Loan Trust
Series 2016-2A, Class A1, 3.750%, 11/26/2035 (C)(I)		242,879		259,586
Series 2016-4A, Class A1, 3.750%, 11/25/2056 (C)(I)		268,040		286,951
Series 2017-1A, Class A1, 4.000%, 02/25/2057 (C)(I)		466,398		498,736
Series 2017-2A, Class A3, 4.000%, 03/25/2057 (C)(I)		440,595		469,530
Series 2017-3A, Class A1, 4.000%, 04/25/2057 (C)(I)		347,371		372,288
Series 2017-4A, Class A1, 4.000%, 05/25/2057 (C)(I)		243,932		259,593
Series 2017-5A, Class A1 (1 month LIBOR + 1.500%), 1.592%, 06/25/2057 (C)(H)		241,289		242,788
Series 2017-6A, Class A1, 4.000%, 08/27/2057 (C)(I)		406,118		432,748
Series 2018-1A, Class A1A, 4.000%, 12/25/2057 (C)(I)		172,514		184,109
Series 2018-4A, Class A1S (1 month LIBOR + 0.750%), 0.842%, 01/25/2048 (C)(H)		335,464		335,960
Series 2019-5A, Class A1B, 3.500%, 08/25/2059 (C)(I)		267,670		278,195

 

143

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Investment Quality Bond Trust (continued)

		Shares or Principal Amount	Value
COLLATERALIZED MORTGAGE OBLIGATIONS (continued)
Commercial and residential (continued)
New Residential Mortgage Loan Trust (continued)
Series 2019-NQM4, Class A1, 2.492%, 09/25/2059 (C)(I)	$	92,957	$	93,640
Series 2021-NQ2R, Class A1, 0.941%, 10/25/2058 (C)(I)		204,555		204,718
NMLT Trust Series 2021-INV1, Class A1 1.185%, 05/25/2056 (C)(I)		543,583		543,343
Oaktown Re II, Ltd. Series 2018-1A, Class M1 (1 month LIBOR + 1.550%) 1.642%, 07/25/2028 (C)(H)		93,982		93,982
Oaktown Re III, Ltd. Series 2019-1A, Class M1A (1 month LIBOR + 1.400%) 1.492%, 07/25/2029 (C)(H)		32,514		32,522
OBX Trust
Series 2021-NQM1, Class A1, 1.072%, 02/25/2066 (C)(I)		491,119		490,247
Series 2021-NQM3, Class A1, 1.020%, 07/25/2061 (C)(I)		339,108		339,057
PMT Credit Risk Transfer Trust Series 2019-1R, Class A (1 month LIBOR + 2.000%) 2.096%, 03/27/2024 (C)(H)		149,022		149,037
PRPM LLC
Series 2019-GS1, Class A1, 3.500%, 10/25/2024 (C)(I)		156,491		156,884
Series 2020-3, Class A1, 2.857%, 09/25/2025 (C)		370,144		370,885
Series 2020-6, Class A1, 2.363%, 11/25/2025 (C)		104,756		105,356
Series 2021-3, Class A1, 1.867%, 04/25/2026 (C)		267,849		268,990
Series 2021-4, Class A1, 1.867%, 04/25/2026 (C)		350,275		349,786
Radnor RE, Ltd. Series 2019-2, Class M1A (1 month LIBOR + 1.200%) 1.292%, 06/25/2029 (C)(H)		42,940		42,940
RALI Series Trust Series 2007-QH7, Class 1A1 (1 month LIBOR + 0.250%) 0.342%, 08/25/2037 (H)		50,678		48,224
RCO VII Mortgage LLC Series 2021-1, Class A1 1.868%, 05/26/2026 (C)		266,739		266,855
Seasoned Credit Risk Transfer Trust Series 2019-3, Class MV 3.500%, 10/25/2058		124,380		135,760
SG Commercial Mortgage Securities Trust Series 2020-COVE, Class A 2.632%, 03/15/2037 (C)		645,000		667,603
SG Residential Mortgage Trust Series 2021-1, Class A1 1.160%, 07/25/2061 (C)(I)		517,341		516,539
STAR Trust Series 2021-1, Class A1 1.219%, 05/25/2065 (C)(I)		435,254		435,951

Investment Quality Bond Trust (continued)

		Shares or Principal Amount	Value
COLLATERALIZED MORTGAGE OBLIGATIONS (continued)
Commercial and residential (continued)
Starwood Mortgage Residential Trust Series 2021-2, Class A1 0.943%, 05/25/2065 (C)(I)	$	168,578	$	168,453
Toorak Mortgage Corp., Ltd. Series 2021-1, Class A1 2.240%, 06/25/2024 (C)		330,000		330,169
Triangle Re, Ltd. Series 2021-2, Class M1A (1 month LIBOR + 2.050%) 2.142%, 10/25/2033 (C)(H)		265,000		266,987
Verus Securitization Trust
Series 2021-2, Class A1, 1.031%, 02/25/2066 (C)(I)		212,869		213,195
Series 2021-R2, Class A1, 0.918%, 02/25/2064 (C)(I)		255,690		254,884
WaMu Mortgage Pass-Through Certificates Series 2007-HY6, Class 1A1 2.788%, 06/25/2037 (I)		14,369		14,090
Washington Mutual Mortgage Pass-Through Certificates Series 2006-5, Class 1A1 (1 month LIBOR + 0.600%) 0.692%, 07/25/2036 (H)		23,142		15,139
Wells Fargo Commercial Mortgage Trust
Series 2014-LC16, Class A5, 3.817%, 08/15/2050		310,000		330,753
Series 2015-NXS1, Class D, 4.146%, 05/15/2048 (I)		40,000		40,936
Series 2015-NXS1, Class XA IO, 1.093%, 05/15/2048		1,564,305		46,855
Series 2015-NXS3, Class XA IO, 0.898%, 09/15/2057		2,712,985		83,189
WF-RBS Commercial Mortgage Trust Series 2014-C19, Class A5 4.101%, 03/15/2047		304,634		327,270
				31,974,994
U.S. Government Agency – 2.9%
Federal Home Loan Mortgage Corp.
Series 2018-HRP1, Class M2 (1 month LIBOR + 1.650%), 1.742%, 04/25/2043 (C)(H)		86,357		86,586
Series 2019-DNA2, Class M2 (1 month LIBOR + 2.450%), 2.542%, 03/25/2049 (C)(H)		292,612		297,004
Series 2019-DNA3, Class M2 (1 month LIBOR + 2.050%), 2.142%, 07/25/2049 (C)(H)		247,241		250,073
Series 2019-HQA1, Class M2 (1 month LIBOR + 2.350%), 2.442%, 02/25/2049 (C)(H)		448,830		453,760
Series 2019-HQA3, Class M2 (1 month LIBOR + 1.850%), 1.942%, 09/25/2049 (C)(H)		180,853		181,642
Series 3883, Class PB, 3.000%, 05/15/2041		79,722		84,583
Series 4139, Class PA, 2.500%, 11/15/2041		287,819		300,000
Series K064, Class X1 IO, 0.740%, 03/25/2027		2,195,803		65,743
Series K068, Class A2, 3.244%, 08/25/2027		545,000		601,895

 

144

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Investment Quality Bond Trust (continued)

		Shares or Principal Amount	Value
COLLATERALIZED MORTGAGE OBLIGATIONS (continued)
U.S. Government Agency (continued)
Federal Home Loan Mortgage Corp. (continued)
Series K104, Class X1 IO, 1.127%, 02/25/2052	$	1,322,008	$	107,499
Series K111, Class X1 IO, 1.681%, 05/25/2030		551,177		64,891
Series K114, Class X1 IO, 1.213%, 06/25/2030		1,602,284		137,432
Series K121, Class X1 IO, 1.124%, 10/25/2030		854,804		67,612
Series K122, Class X1 IO, 0.883%, 11/25/2030		479,471		33,074
Series K124, Class X1 IO, 0.812%, 12/25/2030		1,910,574		112,511
Federal National Mortgage Association
Series 2012-18, Class GA, 2.000%, 12/25/2041		94,212		96,901
Series 2012-21, Class PQ, 2.000%, 09/25/2041		56,207		57,702
Series 2012-52, Class PA, 3.500%, 05/25/2042		75,490		80,861
Series 2012-75, Class KC, 2.500%, 12/25/2041		100,055		102,950
Series 2014-C04, Class 1M2 (1 month LIBOR + 4.900%), 4.992%, 11/25/2024 (H)		61,433		63,721
Series 2015-48, Class QB, 3.000%, 02/25/2043		147,001		152,364
Series 2015-C04, Class 1M2 (1 month LIBOR + 5.700%), 5.792%, 04/25/2028 (H)		45,854		48,388
Series 2016-11, Class GA, 2.500%, 03/25/2046		120,854		125,960
Series 2016-38, Class NA , 3.000%, 01/25/2046		59,694		63,906
Series 2016-C02, Class 1M2 (1 month LIBOR + 6.000%), 6.092%, 09/25/2028 (H)		30,820		32,227
Series 2016-C07, Class 2M2 (1 month LIBOR + 4.350%), 4.442%, 05/25/2029 (H)		262,034		273,041
Series 2017-26, Class CG, 3.500%, 07/25/2044		131,206		135,990
Series 2017-34, Class JK, 3.000%, 05/25/2047		68,356		70,324
Series 2017-35, Class AH, 3.500%, 04/25/2053		152,583		156,407
Series 2017-49, Class JA, 4.000%, 07/25/2053		132,328		137,137
Series 2017-84, Class KA, 3.500%, 04/25/2053		123,416		126,704
Series 2017-96, Class PA, 3.000%, 12/25/2054		203,307		212,098
Series 2017-C01, Class 1M2 (1 month LIBOR + 3.550%), 3.642%, 07/25/2029 (H)		162,571		167,423
Series 2018-19, Class DC, 3.500%, 05/25/2056		102,327		106,805
Series 2018-23, Class LA, 3.500%, 04/25/2048		162,321		172,744
Series 2018-38, Class PC, 3.500%, 03/25/2045		46,154		46,727
Series 2018-70, Class HA, 3.500%, 10/25/2056		151,931		159,823

Investment Quality Bond Trust (continued)

		Shares or Principal Amount	Value
COLLATERALIZED MORTGAGE OBLIGATIONS (continued)
U.S. Government Agency (continued)
Federal National Mortgage Association (continued)
Series 2018-72, Class BA, 3.500%, 07/25/2054	$	224,691	$	234,096
Series 2018-77, Class PA, 3.500%, 02/25/2048		52,177		54,485
Series 2018-80, Class GD, 3.500%, 12/25/2047		106,143		110,005
Series 2019-12, Class HA, 3.500%, 11/25/2057		202,431		216,344
Series 2019-14, Class CA, 3.500%, 04/25/2049		214,365		232,209
Series 2019-15, Class AB, 3.500%, 05/25/2053		225,229		241,806
Series 2019-41, Class AC, 2.500%, 03/25/2053		220,362		226,768
Series 2019-45, Class PT, 3.000%, 08/25/2049		219,913		231,191
Series 2019-7, Class CA, 3.500%, 11/25/2057		169,036		179,357
Series 2019-7, Class JA, 3.500%, 03/25/2049		183,150		195,665
Series 2019-HRP1, Class M2 (1 month LIBOR + 2.150%), 2.242%, 11/25/2039 (C)(H)		134,331		134,987
Series 2019-R03, Class 1M2 (1 month LIBOR + 2.150%), 2.242%, 09/25/2031 (C)(H)		61,319		61,685
Series 2019-R04, Class 2M2 (1 month LIBOR + 2.100%), 2.192%, 06/25/2039 (C)(H)		60,598		60,752
Series 415, Class A3, 3.000%, 11/25/2042		162,669		169,393
Government National Mortgage Association
Series 2006-38, Class XS IO, 7.159%, 09/16/2035		31,729		3,355
Series 2013-37, Class LG, 2.000%, 01/20/2042		125,635		128,095
				7,914,701
TOTAL COLLATERALIZED MORTGAGE OBLIGATIONS (Cost $39,424,294)			$	39,889,695
ASSET BACKED SECURITIES – 9.3%
AASET Trust Series 2020-1A, Class A 3.351%, 01/16/2040 (C)		227,695		225,095
ABFC Trust Series 2006-HE1, Class A2D (1 month LIBOR + 0.220%) 0.312%, 01/25/2037 (H)		110,153		77,475
Affirm Asset Securitization Trust
Series 2020-Z1, Class A 3.460%, 10/15/2024 (C)		95,627		96,757
Series 2020-Z2, Class A 1.900%, 01/15/2025 (C)		209,281		210,814
AmeriCredit Automobile Receivables Trust Series 2019-3, Class D 2.580%, 09/18/2025		295,000		303,087
Atrium XII Series 12A, Class AR (3 month LIBOR + 0.830%) 0.968%, 04/22/2027 (C)(H)		688,910		689,052

 

145

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Investment Quality Bond Trust (continued)

		Shares or Principal Amount	Value
ASSET BACKED SECURITIES (continued)
Avant Loans Funding Trust Series 2021-REV1, Class A 1.210%, 07/15/2030 (C)	$	225,000	$	225,079
Bain Capital Credit CLO Series 2017-2A, Class AR2 (3 month LIBOR + 1.180%) 1.315%, 07/25/2034 (C)(H)		650,000		650,154
Bayview Koitere Fund Trust
Series 2017-RT4, Class A 3.500%, 07/28/2057 (C)(I)		343,311		351,516
Series 2017-SPL3, Class A 4.000%, 11/28/2053 (C)(I)		130,296		132,988
Bayview Mortgage Fund IVc Trust Series 2017-RT3, Class A 3.500%, 01/28/2058 (C)(I)		222,779		224,940
Bayview Opportunity Master Fund IVa Trust
Series 2017-SPL1, Class A 4.000%, 10/28/2064 (C)(I)		304,092		310,141
Series 2017-SPL5, Class A 3.500%, 06/28/2057 (C)(I)		170,404		174,007
Bayview Opportunity Master Fund IVb Trust Series 2017-SPL4, Class A 3.500%, 01/28/2055 (C)(I)		146,018		148,668
BlueMountain CLO XXIV, Ltd. Series 2019-24A, Class AR (3 month LIBOR + 1.100%) 1.234%, 04/20/2034 (C)(H)		415,000		415,258
BlueMountain CLO XXXI, Ltd. Series 2021-31A, Class A1 (3 month LIBOR + 1.150%) 1.330%, 04/19/2034 (C)(H)		810,000		810,249
Buckhorn Park CLO, Ltd. Series 2019-1A, Class AR (3 month LIBOR + 1.120%) 1.258%, 07/18/2034 (C)(H)		550,000		550,098
CF Hippolyta LLC Series 2020-1, Class A2 1.990%, 07/15/2060 (C)		135,972		136,014
CIFC Funding, Ltd. Series 2017-2A, Class AR (3 month LIBOR + 0.950%) 1.084%, 04/20/2030 (C)(H)		900,000		900,043
Citigroup Mortgage Loan Trust Series 2019-E, Class A1 3.228%, 11/25/2070 (C)		227,003		227,360
Credit Acceptance Auto Loan Trust Series 2021-3A, Class A 1.000%, 05/15/2030 (C)		250,000		250,138
Domino's Pizza Master Issuer LLC
Series 2018-1A, Class A2I 4.116%, 07/25/2048 (C)		359,825		372,552
Series 2019-1A, Class A2 3.668%, 10/25/2049 (C)		172,375		185,222
Series 2021-1A, Class A2I 2.662%, 04/25/2051 (C)		269,325		276,978
Drive Auto Receivables Trust Series 2019-4, Class D 2.700%, 02/16/2027		255,000		261,295
Exeter Automobile Receivables Trust
Series 2019-4A, Class D 2.580%, 09/15/2025 (C)		570,000		584,207
Series 2020-1A, Class D 2.730%, 12/15/2025 (C)		170,000		175,051

Investment Quality Bond Trust (continued)

		Shares or Principal Amount	Value
ASSET BACKED SECURITIES (continued)
First Franklin Mortgage Loan Trust Series 2006-FF12, Class A5 (1 month LIBOR + 0.310%) 0.402%, 09/25/2036 (H)	$	240,000	$	231,564
GSAA Home Equity Trust
Series 2006-10, Class AF3 5.985%, 06/25/2036 (I)		147,816		59,727
Series 2006-15, Class AF6 6.376%, 09/25/2036		369,696		141,043
Series 2006-20, Class 2A1A (1 month LIBOR + 0.100%) 0.192%, 12/25/2046 (H)		224,650		137,376
GSAA Trust Series 2005-7, Class AF4 5.558%, 05/25/2035		217,523		217,776
GSAMP Trust Series 2007-FM2, Class A2B (1 month LIBOR + 0.090%) 0.182%, 01/25/2037 (H)		209,458		152,468
LCM XX LP Series 2020-A, Class AR (3 month LIBOR + 1.040%) 1.174%, 10/20/2027 (C)(H)		281,364		281,408
Madison Park Funding XXXVIII, Ltd. Series 2021-38A, Class A (3 month LIBOR + 1.120%) 1.276%, 07/17/2034 (C)(H)		655,000		655,461
Marlette Funding Trust Series 2021-2A, Class B 1.060%, 09/15/2031 (C)		120,000		120,112
Mercury Financial Credit Card Master Trust Series 2021-1A, Class A 1.540%, 03/20/2026 (C)		250,000		250,701
MFA LLC Series 2021-NPL1, Class A1 2.363%, 03/25/2060 (C)		563,338		563,509
Navient Private Education Refi Loan Trust Series 2021-EA, Class A 0.970%, 12/16/2069 (C)		235,761		234,911
NRZ Excess Spread-Collateralized Notes
Series 2018-FNT2, Class A 3.790%, 07/25/2054 (C)		308,033		308,204
Series 2020-PLS1, Class A 3.844%, 12/25/2025 (C)		77,051		77,868
OCP CLO, Ltd. Series 2015-9A, Class A1R (3 month LIBOR + 0.800%) 0.926%, 07/15/2027 (C)(H)		69,467		69,475
OZLM XII, Ltd. Series 2015-12A, Class A1R (3 month LIBOR + 1.050%) 1.236%, 04/30/2027 (C)(H)		311,905		311,946
Palmer Square Loan Funding, Ltd. Series 2018-5A, Class A1 (3 month LIBOR + 0.850%) 0.984%, 01/20/2027 (C)(H)		190,430		190,440
PRET LLC Series 2021-NPL3, Class A1 1.868%, 07/25/2051 (C)		246,303		246,180
Regatta VI Funding, Ltd. Series 2016-1A, Class AR2 (3 month LIBOR + 1.160%) 1.294%, 04/20/2034 (C)(H)		595,000		595,369

 

146

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Investment Quality Bond Trust (continued)

		Shares or Principal Amount	Value
ASSET BACKED SECURITIES (continued)
RR 1 LLC Series 2017-1A, Class A1AB (3 month LIBOR + 1.150%) 1.230%, 07/15/2035 (C)(H)	$	675,000	$	675,848
RR 16, Ltd. Series 2021-16A, Class A1 (3 month LIBOR + 1.110%) 1.278%, 07/15/2036 (C)(H)		585,000		585,418
Santander Drive Auto Receivables Trust Series 2020-4, Class D 1.480%, 01/15/2027		75,000		75,959
Securitized Asset Backed Receivables LLC Trust Series 2006-HE1, Class A2B (1 month LIBOR + 0.180%) 0.272%, 07/25/2036 (H)		131,443		61,386
Shackleton VIII CLO, Ltd. Series 2015-8A, Class A1R (3 month LIBOR + 0.920%) 1.054%, 10/20/2027 (C)(H)		903,580		903,629
Sound Point CLO XXIX, Ltd. Series 2021-1A, Class A (3 month LIBOR + 1.070%) 1.260%, 04/25/2034 (C)(H)		655,000		655,409
Soundview Home Loan Trust Series 2007-OPT2, Class 2A3 (1 month LIBOR + 0.180%) 0.272%, 07/25/2037 (H)		29,358		28,187
Springleaf Funding Trust Series 2017-AA, Class A 2.680%, 07/15/2030 (C)		133,734		133,910
Summit Issuer LLC Series 2020-1A, Class A2 2.290%, 12/20/2050 (C)		155,000		154,936
TICP CLO III-2, Ltd. Series 2018-3R, Class A (3 month LIBOR + 0.840%) 0.974%, 04/20/2028 (C)(H)		250,422		250,437
Towd Point Mortgage Trust
Series 2016-2, Class A1A 2.750%, 08/25/2055 (C)(I)		64,813		65,128
Series 2016-3, Class A1 2.250%, 04/25/2056 (C)(I)		48,923		49,035
Series 2017-1, Class A1 2.750%, 10/25/2056 (C)(I)		302,645		306,731
Series 2017-2, Class A1 2.750%, 04/25/2057 (C)(I)		76,799		77,726
Series 2017-3, Class A1 2.750%, 07/25/2057 (C)(I)		158,704		160,941
Series 2017-4, Class A1 2.750%, 06/25/2057 (C)(I)		282,991		289,165
Series 2017-5, Class A1 (1 month LIBOR + 0.600%) 0.692%, 02/25/2057 (C)(H)		181,629		181,628
Series 2021-R1, Class A1 2.918%, 11/30/2060 (C)(I)		644,162		655,564
VCAT LLC
Series 2021-NPL2, Class A1 2.115%, 03/27/2051 (C)		115,144		115,463
Series 2021-NPL3, Class A1 1.743%, 05/25/2051 (C)		337,431		337,489
Venture 42 CLO, Ltd. Series 2021-42A, Class A1A (3 month LIBOR + 1.130%) 1.327%, 04/15/2034 (C)(H)		655,000		655,302

Investment Quality Bond Trust (continued)

		Shares or Principal Amount	Value
ASSET BACKED SECURITIES (continued)
Venture 43 CLO, Ltd. Series 2021-43A, Class A1 (3 month LIBOR + 1.240%) 1.434%, 04/15/2034 (C)(H)	$	260,000	$	260,321
Venture XXI CLO, Ltd. Series 2015-21A, Class AR (3 month LIBOR + 0.880%) 1.006%, 07/15/2027 (C)(H)		331,523		331,536
Vericrest Opportunity Loan Transferee Series 2021-NP11, Class A1 1.868%, 08/25/2051 (C)		555,648		555,298
Verus Securitization Trust Series 2020-NPL1, Class A1 3.598%, 08/25/2050 (C)		145,904		145,988
VOLT CIII LLC Series 2021-CF1, Class A1 1.992%, 08/25/2051 (C)		425,513		425,658
VOLT XCIV LLC Series 2021-NPL3, Class A1 2.240%, 02/27/2051 (C)		318,903		319,196
VOLT XCVIII LLC Series 2021-NPL7, Class A1 2.116%, 04/25/2051 (C)		109,895		110,149
Voya CLO, Ltd. Series 2015-1A, Class A1R (3 month LIBOR + 0.900%) 1.034%, 01/18/2029 (C)(H)		715,520		715,609
Wellfleet CLO X, Ltd. Series 2019-XA, Class A1R (3 month LIBOR + 1.170%) 1.356%, 07/20/2032 (C)(H)		520,000		520,172
Wendy's Funding LLC
Series 2018-1A, Class A2II 3.884%, 03/15/2048 (C)		226,188		239,034
Series 2021-1A, Class A2I 2.370%, 06/15/2051 (C)		583,538		588,419
Westlake Automobile Receivables Trust
Series 2019-3A, Class D 2.720%, 11/15/2024 (C)		420,000		429,940
Series 2020-3A, Class D 1.650%, 02/17/2026 (C)		215,000		218,111
Wingstop Funding LLC Series 2020-1A, Class A2 2.841%, 12/05/2050 (C)		99,500		102,345
TOTAL ASSET BACKED SECURITIES (Cost $25,207,730)			$	25,190,843
COMMON STOCKS – 0.0%
Energy – 0.0%
Foresight Energy LLC (J)		895		12,512
TOTAL COMMON STOCKS (Cost $119,500)			$	12,512
PURCHASED OPTIONS – 0.0%
Puts – 0.0%
Over the Counter Option on 10 Year Interest Rate Swap. Receive a floating rate based on 3-month USD LIBOR and pay a fixed rate of 2.200% (Expiration Date: 3-14-22; Strike Rate: 2.200%; Counterparty: Bank of America Corp.) (J)(K)		8,705,000		35,671

 

147

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Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Investment Quality Bond Trust (continued)

		Shares or Principal Amount	Value
PURCHASED OPTIONS (continued)
Puts (continued)
Over the Counter Option on 10 Year Interest Rate Swap. Receive a floating rate based on 3-month USD LIBOR and pay a fixed rate of 2.200% (Expiration Date: 3-14-22; Strike Rate: 2.200%; Counterparty: Citibank N.A.) (J)(K)		8,370,000	$	34,300
				69,971
TOTAL PURCHASED OPTIONS (Cost $297,615)			$	69,971
SHORT-TERM INVESTMENTS – 3.0%
Short-term funds – 0.0%
John Hancock Collateral Trust, 0.0303% (L)(M)		6,491		64,950
Repurchase agreement – 3.0%
Deutsche Bank Tri-Party Repurchase Agreement dated 9-30-21 at 0.050% to be repurchased at $8,100,011 on 10-1-21, collateralized by $7,995,411 Government National Mortgage Association, 2.500% due 1-20-51 (valued at $8,262,001)	$	8,100,000		8,100,000
TOTAL SHORT-TERM INVESTMENTS (Cost $8,164,951)			$	8,164,950
Total Investments (Investment Quality Bond Trust) (Cost $370,313,447) – 138.9%			$	374,851,506
Other assets and liabilities, net – (38.9%)				(104,984,967)
TOTAL NET ASSETS – 100.0%			$	269,866,539

Currency Abbreviations
BRL	Brazilian Real
EUR	Euro
MXN	Mexican Peso

Security Abbreviations and Legend
CMT	Constant Maturity Treasury
EURIBOR	Euro Interbank Offered Rate

Investment Quality Bond Trust (continued)

GO	General Obligation
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
SOFR	Secured Overnight Financing Rate
TBA	To Be Announced. A forward mortgage-backed securities trade issued by a U.S. Government Agency, to be delivered at an agreed-upon future settlement date.
(A)	All or a portion of this security is segregated at the custodian as collateral for certain derivatives.
(B)	Security purchased or sold on a when-issued or delayed delivery basis.
(C)	These 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. Rule 144A securities amounted to $75,933,214 or 28.1% of the fund's net assets as of 9-30-21.
(D)	All or a portion of this security is on loan as of 9-30-21. The value of securities on loan amounted to $61,298.
(E)	Perpetual bonds have no stated maturity date. Date shown as maturity date is next call date.
(F)	Term loans are variable rate obligations. The coupon rate shown represents the rate at period end.
(G)	This position represents an unsettled loan commitment at period end. Certain details associated with this purchase are not known prior to the settlement date, including coupon rate, which is disclosed as TBD (To Be Determined).
(H)	Variable rate obligation. The coupon rate shown represents the rate at period end.
(I)	Variable or floating rate security, the interest rate of which adjusts periodically based on a weighted average of interest rates and prepayments on the underlying pool of assets. The interest rate shown is the current rate as of period end.
(J)	Non-income producing security.
(K)	For this type of option, notional amounts are equivalent to number of contracts.
(L)	The rate shown is the annualized seven-day yield as of 9-30-21.
(M)	Investment is an affiliate of the fund, the advisor and/or subadvisor. This security represents the investment of cash collateral received for securities lending.

 

DERIVATIVES

FUTURES

Open contracts	Number of contracts	Position	Expiration date	Notional basis^	Notional value^	Unrealized appreciation (depreciation)
2-Year U.S. Treasury Note Futures	55	Long	Dec 2021	$12,109,991	$12,103,008	$(6,983)
5-Year U.S. Treasury Note Futures	3	Long	Dec 2021	369,826	368,227	(1,599)
Euro-OAT Futures	5	Long	Dec 2021	978,291	961,141	(17,150)
10-Year Australian Treasury Bond Futures	11	Short	Dec 2021	(1,146,755)	(1,125,505)	21,250
10-Year U.S. Treasury Note Futures	112	Short	Dec 2021	(14,924,445)	(14,740,250)	184,195
Euro-BTP Italian Government Bond Futures	12	Short	Dec 2021	(2,132,663)	(2,112,135)	20,528
Euro-Buxl Futures	10	Short	Dec 2021	(2,431,366)	(2,355,389)	75,977
German Euro BUND Futures	24	Short	Dec 2021	(4,789,308)	(4,721,064)	68,244
U.S. Treasury Long Bond Futures	45	Short	Dec 2021	(7,355,627)	(7,164,844)	190,783
Ultra U.S. Treasury Bond Futures	89	Short	Dec 2021	(13,080,905)	(12,927,250)	153,655
Ultra U.S. Treasury Bond Futures	68	Short	Dec 2021	(13,423,727)	(12,992,250)	431,477
						$1,120,377

^ Notional basis refers to the contractual amount agreed upon at inception of open contracts; notional value represents the current value of the open contract.

148

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Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

FORWARD FOREIGN CURRENCY CONTRACTS

Contract to buy		Contract to sell		Counterparty (OTC)	Contractual settlement date	Unrealized appreciation	Unrealized depreciation
EUR	107,000	USD	125,172	MSI	12/15/2021	—	$(1,045)
USD	558,307	BRL	3,010,000	GSI	12/15/2021	$12,233	—
USD	133,580	EUR	114,000	CITI	10/29/2021	1,467	—
USD	7,757,403	EUR	6,532,000	DB	12/15/2021	179,863	—
USD	125,981	EUR	106,000	MSI	12/15/2021	3,014	—
USD	1,272,306	MXN	25,710,000	GSI	12/15/2021	39,593	—
						$236,170	$(1,045)

WRITTEN OPTIONS

Interest rate swaptions
Description	Counterparty (OTC)	Floating rate index	Pay/receive floating rate	Exercise rate	Expiration date		Notional amount*	Premium	Value
Puts
5-Year Interest Rate Swap	BOA	3 month USD LIBOR	Pay	1.500%	Mar 2022	USD	8,705,000	$87,050	$(36,098)
5-Year Interest Rate Swap	CITI	3 month USD LIBOR	Pay	1.500%	Mar 2022	USD	8,370,000	92,070	(34,707)
								$179,120	$(70,805)
* For this type of option, notional amounts are equivalent to number of contracts.

SWAPS

Interest rate swaps
Counterparty (OTC)/ Centrally cleared	Notional amount	Currency	Payments made	Payments received	Fixed payment frequency	Floating payment frequency	Maturity date	Unamortized upfront payment paid (received)	Unrealized appreciation (depreciation)	Value
Centrally cleared	2,155,000	USD	Fixed 0.075%	USD Compounded SOFR	Annual	Annual	Aug 2025	$(194)	$48,197	$48,003
Centrally cleared	4,935,000	USD	Fixed 0.750%	USD LIBOR BBA	Semi-Annual	Quarterly	Dec 2030	(16,298)	324,642	308,344
Centrally cleared	2,460,000	USD	Fixed 1.160%	USD LIBOR BBA	Semi-Annual	Quarterly	Dec 2040	—	255,500	255,500
Centrally cleared	1,605,000	USD	Fixed 0.810%	USD LIBOR BBA	Semi-Annual	Quarterly	Sep 2050	4,856	378,846	383,702
								$(11,636)	$1,007,185	$995,549

Credit default swaps - Buyer
Counterparty (OTC)/ Centrally cleared	Reference obligation	Notional amount	Currency	USD notional amount	Pay fixed rate	Fixed payment frequency	Maturity date	Unamortized upfront payment paid (received)	Unrealized appreciation (depreciation)	Value
Centrally cleared	CDX.EM.35	1,325,000	USD	$1,325,000	1.000%	Quarterly	Jun 2026	$38,367	$3,768	$42,135
Centrally cleared	CDX.NA.HY.36	1,145,000	USD	1,145,000	5.000%	Quarterly	Jun 2026	(108,103)	2,044	(106,059)
				$2,470,000				$(69,736)	$5,812	$(63,924)

Credit default swaps - Seller
Counterparty (OTC)/ Centrally cleared	Reference obligation	Implied credit spread	Notional amount	Currency	USD notional amount	Received fixed rate	Fixed payment frequency	Maturity date	Unamortized upfront payment paid (received)	Unrealized appreciation (depreciation)	Value
GSI	CMBX.NA.BBB-.6	40.680%	840,000	USD	$840,000	3.000%	Monthly	May 2063	$(49,997)	$(189,508)	$(239,505)
GSI	CMBX.NA.BBB-.6	40.680%	1,390,000	USD	1,390,000	3.000%	Monthly	May 2063	(83,606)	(312,718)	(396,324)
MSI	CMBX.NA.BBB-.6	40.680%	255,000	USD	255,000	3.000%	Monthly	May 2063	(38,446)	(34,261)	(72,707)
MSI	CMBX.NA.BBB-.6	40.680%	130,000	USD	130,000	3.000%	Monthly	May 2063	(19,927)	(17,139)	(37,066)
MSI	CMBX.NA.BBB-.6	40.680%	115,000	USD	115,000	3.000%	Monthly	May 2063	(17,964)	(14,825)	(32,789)
MSI	CMBX.NA.BBB-.6	40.680%	69,000	USD	69,000	3.000%	Monthly	May 2063	(10,784)	(8,890)	(19,674)
					$2,799,000				$(220,724)	$(577,341)	$(798,065)
Centrally cleared	CDX.NA.IG.36	0.483%	490,000	USD	490,000	1.000%	Quarterly	Jun 2026	9,746	2,157	11,903
Centrally cleared	Federative Republic of Brazil	1.898%	150,000	USD	150,000	1.000%	Quarterly	Jun 2026	(4,395)	(1,650)	(6,045)
Centrally cleared	Republic of Panama	0.822%	210,000	USD	210,000	1.000%	Quarterly	Jun 2026	1,696	105	1,801
					$850,000				$7,047	$612	$7,659
					$3,649,000				$(213,677)	$(576,729)	$(790,406)

149

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Investment Quality Bond Trust (continued)

Derivatives Currency Abbreviations
BRL	Brazilian Real
EUR	Euro
MXN	Mexican Peso
USD	U.S. Dollar

Derivatives Abbreviations
BBA	The British Banker's Association
BOA	Bank of America, N.A.
CITI	Citibank, N.A.
DB	Deutsche Bank AG
GSI	Goldman Sachs International
LIBOR	London Interbank Offered Rate
MSI	Morgan Stanley & Co. International PLC
OTC	Over-the-counter
SOFR	Secured Overnight Financing Rate

Lifestyle Balanced Portfolio

	Shares or Principal Amount	Value
AFFILIATED INVESTMENT COMPANIES (A) - 100.0%
Equity - 49.6%
Strategic Equity Allocation, Series NAV, JHVIT (MIM US) (B)	24,806,425	$	586,175,832
Fixed income - 50.4%
Select Bond, Series NAV, JHVIT (MIM US) (B)	41,209,734		595,892,754
TOTAL AFFILIATED INVESTMENT COMPANIES (Cost $1,003,093,585)		$	1,182,068,586
Total Investments (Lifestyle Balanced Portfolio) (Cost $1,003,093,585) - 100.0%		$	1,182,068,586
Other assets and liabilities, net - (0.0%)			(63,400)
TOTAL NET ASSETS - 100.0%		$	1,182,005,186

Security Abbreviations and Legend
JHVIT	John Hancock Variable Insurance Trust
MIM US	Manulife Investment Management (US) LLC
(A)	The underlying portfolios' subadvisor is shown parenthetically.
(B)	The subadvisor is an affiliate of the advisor.

Lifestyle Conservative Portfolio

	Shares or Principal Amount	Value
AFFILIATED INVESTMENT COMPANIES (A) - 100.0%
Equity - 19.7%
Strategic Equity Allocation, Series NAV, JHVIT (MIM US) (B)	1,903,325	$	44,975,578
Fixed income - 80.3%
Select Bond, Series NAV, JHVIT (MIM US) (B)	12,645,461		182,853,370
TOTAL AFFILIATED INVESTMENT COMPANIES (Cost $211,318,460)		$	227,828,948
Total Investments (Lifestyle Conservative Portfolio) (Cost $211,318,460) - 100.0%		$	227,828,948
Other assets and liabilities, net - (0.0%)			(43,632)
TOTAL NET ASSETS - 100.0%		$	227,785,316

Security Abbreviations and Legend
JHVIT	John Hancock Variable Insurance Trust
MIM US	Manulife Investment Management (US) LLC
(A)	The underlying portfolios' subadvisor is shown parenthetically.
(B)	The subadvisor is an affiliate of the advisor.

Lifestyle Growth Portfolio

	Shares or Principal Amount	Value
AFFILIATED INVESTMENT COMPANIES (A) - 100.0%
Equity - 69.7%
Strategic Equity Allocation, Series NAV, JHVIT (MIM US) (B)	184,222,443	$	4,353,176,329
Fixed income - 30.3%
Select Bond, Series NAV, JHVIT (MIM US) (B)	130,809,194		1,891,500,946
TOTAL AFFILIATED INVESTMENT COMPANIES (Cost $4,998,220,489)		$	6,244,677,275
Total Investments (Lifestyle Growth Portfolio) (Cost $4,998,220,489) - 100.0%		$	6,244,677,275
Other assets and liabilities, net - (0.0%)			(154,185)
TOTAL NET ASSETS - 100.0%		$	6,244,523,090

Security Abbreviations and Legend
JHVIT	John Hancock Variable Insurance Trust
MIM US	Manulife Investment Management (US) LLC
(A)	The underlying portfolios' subadvisor is shown parenthetically.
(B)	The subadvisor is an affiliate of the advisor.

Lifestyle Moderate Portfolio

	Shares or Principal Amount	Value
AFFILIATED INVESTMENT COMPANIES (A) - 100.0%
Equity - 39.4%
Strategic Equity Allocation, Series NAV, JHVIT (MIM US) (B)	5,960,751	$	140,852,548
Fixed income - 60.6%
Select Bond, Series NAV, JHVIT (MIM US) (B)	14,969,842		216,463,918
TOTAL AFFILIATED INVESTMENT COMPANIES (Cost $313,741,827)		$	357,316,466
Total Investments (Lifestyle Moderate Portfolio) (Cost $313,741,827) - 100.0%		$	357,316,466
Other assets and liabilities, net - (0.0%)			(46,046)
TOTAL NET ASSETS - 100.0%		$	357,270,420

Security Abbreviations and Legend
JHVIT	John Hancock Variable Insurance Trust
MIM US	Manulife Investment Management (US) LLC
(A)	The underlying portfolios' subadvisor is shown parenthetically.
(B)	The subadvisor is an affiliate of the advisor.

 

150

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Managed Volatility Balanced Portfolio

		Shares or Principal Amount	Value
AFFILIATED INVESTMENT COMPANIES (A) - 97.4%
Equity - 47.8%
Blue Chip Growth, Series NAV, JHVIT (T. Rowe Price)		4,947,772	$	224,430,928
Emerging Markets Equity, Class NAV, JHIT (MIM US) (B)		11,398,917		163,004,516
Equity Income, Series NAV, JHVIT (T. Rowe Price)		16,727,285		268,472,920
Fundamental Large Cap Core, Class NAV, JHIT (MIM US) (B)		3,700,687		282,510,454
Mid Cap Stock, Series NAV, JHVIT (Wellington)		1,972,540		55,171,945
Mid Value, Series NAV, JHVIT (T. Rowe Price)		5,468,023		64,249,265
Multifactor Developed International ETF, JHETF (DFA)		3,015,976		100,602,102
Multifactor Emerging Markets ETF, JHETF (DFA)		2,413,217		71,431,223
Multifactor Mid Cap ETF, JHETF (DFA)		1,803,846		93,168,646
Multifactor Small Cap ETF, JHETF (DFA)		2,104,269		72,701,652
Small Cap Growth, Class NAV, JHF II (Redwood)		1,173,815		31,528,670
Small Cap Value, Series NAV, JHVIT (Wellington)		3,165,585		54,859,587
Strategic Equity Allocation, Series NAV, JHVIT (MIM US) (B)		52,790,238		1,247,433,327
				2,729,565,235
Fixed income - 49.6%
Bond, Class NAV, JHSB (MIM US) (B)		44,284,768		727,155,896
Core Bond, Series NAV, JHVIT (Wells Capital)		18,151,801		252,854,593
Select Bond, Series NAV, JHVIT (MIM US) (B)		128,338,827		1,855,779,442
				2,835,789,931
TOTAL AFFILIATED INVESTMENT COMPANIES (Cost $4,705,193,120)			$	5,565,355,166
UNAFFILIATED INVESTMENT COMPANIES - 1.7%
Equity - 1.7%
Fidelity 500 Index Fund		625,262		93,764,345
TOTAL UNAFFILIATED INVESTMENT COMPANIES (Cost $79,099,702)			$	93,764,345
U.S. GOVERNMENT AND AGENCY OBLIGATIONS - 0.1%
U.S. Government Agency - 0.1%
Federal Agricultural Mortgage Corp. 0.025%, (3 month LIBOR - 0.100%), 01/25/2022 (C)	$	7,500,000		7,499,187
TOTAL U.S. GOVERNMENT AND AGENCY OBLIGATIONS (Cost $7,500,153)			$	7,499,187

Managed Volatility Balanced Portfolio (continued)

		Shares or Principal Amount	Value
SHORT-TERM INVESTMENTS - 0.4%
Commercial paper - 0.3%
Salt River Project Agricultural Improvement & Power District 0.070%, 10/07/2021 *	$	6,000,000	$	5,999,662
The University of Chicago 0.070%, 12/02/2021 *		5,000,000		4,999,380
Yale University 0.050%, 10/19/2021 *		5,000,000		4,999,807
				15,998,849
U.S. Government Agency - 0.0%
Federal Home Loan Bank Discount Note 0.035%, 02/25/2022 *		2,000,000		1,999,592
Short-term funds - 0.1%
State Street Institutional U.S. Government Money Market Fund, Premier Class, 0.0250% (D)		4,612,143		4,612,143
TOTAL SHORT-TERM INVESTMENTS (Cost $22,611,059)			$	22,610,584
Total Investments (Managed Volatility Balanced Portfolio) (Cost $4,814,404,034) - 99.6%			$	5,689,229,282
Other assets and liabilities, net - 0.4%				22,771,879
TOTAL NET ASSETS - 100.0%			$	5,712,001,161

Security Abbreviations and Legend
JHETF	John Hancock Exchange-Traded Fund Trust
JHF II	John Hancock Funds II
JHIT	John Hancock Investment Trust
JHSB	John Hancock Sovereign Bond Fund
JHVIT	John Hancock Variable Insurance Trust
LIBOR	London Interbank Offered Rate
(A)	The underlying portfolios' subadvisor is shown parenthetically.
(B)	The subadvisor is an affiliate of the advisor.
(C)	Variable rate obligation. The coupon rate shown represents the rate at period end.
(D)	The rate shown is the annualized seven-day yield as of 9-30-21.
*	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.

 

DERIVATIVES

FUTURES

Open contracts	Number of contracts	Position	Expiration date	Notional basis^	Notional value^	Unrealized appreciation (depreciation)
Euro Currency Futures	163	Long	Dec 2021	$24,129,677	$23,635,000	$(494,677)
Euro STOXX 50 Index Futures	495	Long	Dec 2021	23,653,697	23,210,552	(443,145)
FTSE 100 Index Futures	77	Long	Dec 2021	7,245,334	7,338,743	93,409
Japanese Yen Currency Futures	98	Long	Dec 2021	11,139,860	11,001,725	(138,135)
MSCI Emerging Markets Index Futures	516	Long	Dec 2021	33,307,885	32,136,480	(1,171,405)
Nikkei 225 Index Futures	41	Long	Dec 2021	10,906,366	10,793,836	(112,530)
Pound Sterling Currency Futures	87	Long	Dec 2021	7,483,707	7,327,031	(156,676)
Russell 2000 E-Mini Index Futures	111	Long	Dec 2021	12,379,691	12,214,440	(165,251)

151

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Managed Volatility Balanced Portfolio (continued)
FUTURES (continued)

Open contracts	Number of contracts	Position	Expiration date	Notional basis^	Notional value^	Unrealized appreciation (depreciation)
S&P 500 Index E-Mini Futures	766	Long	Dec 2021	170,672,146	164,603,825	$(6,068,321)
S&P Mid 400 Index E-Mini Futures	105	Long	Dec 2021	28,223,125	27,648,600	(574,525)
						$(9,231,256)

^ Notional basis refers to the contractual amount agreed upon at inception of open contracts; notional value represents the current value of the open contract.

Managed Volatility Conservative Portfolio

	Shares or Principal Amount	Value
AFFILIATED INVESTMENT COMPANIES (A) - 98.4%
Equity - 18.9%
Blue Chip Growth, Series NAV, JHVIT (T. Rowe Price)	381,705	$	17,314,135
Emerging Markets Equity, Class NAV, JHIT (MIM US) (B)	613,100		8,767,324
Equity Income, Series NAV, JHVIT (T. Rowe Price)	1,354,343		21,737,207
Fundamental Large Cap Core, Class NAV, JHIT (MIM US) (B)	251,168		19,174,190
Multifactor Developed International ETF, JHETF (DFA)	12,296		410,150
Multifactor Emerging Markets ETF, JHETF (DFA)	125,680		3,720,128
Multifactor Mid Cap ETF, JHETF (DFA)	221,698		11,450,702
Multifactor Small Cap ETF, JHETF (DFA)	255,134		8,814,778
Strategic Equity Allocation, Series NAV, JHVIT (MIM US) (B)	3,417,564		80,757,046
			172,145,660
Fixed income - 79.5%
Bond, Class NAV, JHSB (MIM US) (B)	11,326,588		185,982,573
Core Bond, Series NAV, JHVIT (Wells Capital)	4,629,832		64,493,556
Select Bond, Series NAV, JHVIT (MIM US) (B)	32,775,386		473,932,084
			724,408,213
TOTAL AFFILIATED INVESTMENT COMPANIES (Cost $812,914,707)		$	896,553,873
UNAFFILIATED INVESTMENT COMPANIES - 0.8%
Equity - 0.8%
Fidelity 500 Index Fund	49,744		7,459,673
TOTAL UNAFFILIATED INVESTMENT COMPANIES (Cost $6,134,289)		$	7,459,673

Managed Volatility Conservative Portfolio (continued)

		Shares or Principal Amount	Value
SHORT-TERM INVESTMENTS - 0.6%
U.S. Government Agency - 0.2%
Federal Home Loan Bank Discount Note 0.046%, 02/02/2022 *	$	2,000,000	$	1,999,656
Short-term funds - 0.4%
State Street Institutional U.S. Government Money Market Fund, Premier Class, 0.0250% (C)		3,335,454		3,335,454
TOTAL SHORT-TERM INVESTMENTS (Cost $5,335,137)			$	5,335,110
Total Investments (Managed Volatility Conservative Portfolio) (Cost $824,384,133) - 99.8%			$	909,348,656
Other assets and liabilities, net - 0.2%				1,417,660
TOTAL NET ASSETS - 100.0%			$	910,766,316

Security Abbreviations and Legend
JHETF	John Hancock Exchange-Traded Fund Trust
JHIT	John Hancock Investment Trust
JHSB	John Hancock Sovereign Bond Fund
JHVIT	John Hancock Variable Insurance Trust
(A)	The underlying portfolios' subadvisor is shown parenthetically.
(B)	The subadvisor is an affiliate of the advisor.
(C)	The rate shown is the annualized seven-day yield as of 9-30-21.
*	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.

 

DERIVATIVES

FUTURES

Open contracts	Number of contracts	Position	Expiration date	Notional basis^	Notional value^	Unrealized appreciation (depreciation)
Euro Currency Futures	8	Long	Dec 2021	$1,182,666	$1,160,000	$(22,666)
Euro STOXX 50 Index Futures	25	Long	Dec 2021	1,192,770	1,172,250	(20,520)
FTSE 100 Index Futures	3	Long	Dec 2021	282,009	285,925	3,916
Japanese Yen Currency Futures	4	Long	Dec 2021	455,126	449,050	(6,076)
MSCI Emerging Markets Index Futures	26	Long	Dec 2021	1,668,872	1,619,280	(49,592)
Nikkei 225 Index Futures	1	Long	Dec 2021	265,703	263,264	(2,439)
Pound Sterling Currency Futures	4	Long	Dec 2021	342,789	336,875	(5,914)
Russell 2000 E-Mini Index Futures	5	Long	Dec 2021	557,096	550,200	(6,896)
S&P 500 Index E-Mini Futures	50	Long	Dec 2021	11,112,333	10,744,377	(367,956)
S&P Mid 400 Index E-Mini Futures	7	Long	Dec 2021	1,880,010	1,843,240	(36,770)
						$(514,913)

152

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Managed Volatility Conservative Portfolio (continued)
FUTURES (continued)

^ Notional basis refers to the contractual amount agreed upon at inception of open contracts; notional value represents the current value of the open contract.

Managed Volatility Growth Portfolio

	Shares or Principal Amount	Value
AFFILIATED INVESTMENT COMPANIES (A) - 97.1%
Equity - 67.8%
Blue Chip Growth, Series NAV, JHVIT (T. Rowe Price)	7,633,904	$	346,273,864
Emerging Markets Equity, Class NAV, JHIT (MIM US) (B)	23,170,369		331,336,280
Equity Income, Series NAV, JHVIT (T. Rowe Price)	25,765,668		413,538,977
Fundamental Large Cap Core, Class NAV, JHIT (MIM US) (B)	6,281,407		479,522,592
Mid Cap Stock, Series NAV, JHVIT (Wellington)	4,414,457		123,472,355
Mid Value, Series NAV, JHVIT (T. Rowe Price)	11,621,855		136,556,791
Multifactor Developed International ETF, JHETF (DFA)	6,662,920		222,251,025
Multifactor Emerging Markets ETF, JHETF (DFA)	4,897,104		144,954,278
Multifactor Mid Cap ETF, JHETF (DFA)	3,163,869		163,413,834
Multifactor Small Cap ETF, JHETF (DFA)	4,426,538		152,935,117
Small Cap Growth, Class NAV, JHF II (Redwood)	2,079,663		55,859,760
Small Cap Value, Series NAV, JHVIT (Wellington)	4,860,331		84,229,537
Strategic Equity Allocation, Series NAV, JHVIT (MIM US) (B)	94,222,067		2,226,467,449
			4,880,811,859
Fixed income - 29.3%
Bond, Class NAV, JHSB (MIM US) (B)	32,799,206		538,562,955
Core Bond, Series NAV, JHVIT (Wells Capital)	13,472,325		187,669,483
Select Bond, Series NAV, JHVIT (MIM US) (B)	95,577,517		1,382,050,902
			2,108,283,340
TOTAL AFFILIATED INVESTMENT COMPANIES (Cost $5,611,054,078)		$	6,989,095,199
UNAFFILIATED INVESTMENT COMPANIES - 2.1%
Equity - 2.1%
Fidelity 500 Index Fund	686,064		102,882,094
Fidelity International Index Fund	1,009,176		49,611,078
TOTAL UNAFFILIATED INVESTMENT COMPANIES (Cost $133,851,527)		$	152,493,172

Managed Volatility Growth Portfolio (continued)

		Shares or Principal Amount	Value
SHORT-TERM INVESTMENTS - 0.3%
Commercial paper - 0.2%
Salt River Project Agricultural Improvement & Power District 0.070%, 10/07/2021 *	$	6,000,000	$	5,999,662
Swedbank AB 0.100%, 11/30/2021 *		500,000		499,949
The University of Chicago 0.070%, 12/02/2021 *		5,000,000		4,999,380
Yale University 0.050%, 10/19/2021 *		5,000,000		4,999,807
				16,498,798
U.S. Government Agency - 0.0%
Federal Home Loan Bank Discount Note 0.035%, 02/25/2022 *		2,000,000		1,999,592
Short-term funds - 0.1%
State Street Institutional U.S. Government Money Market Fund, Premier Class, 0.0250% (C)		4,335,233		4,335,233
TOTAL SHORT-TERM INVESTMENTS (Cost $22,834,066)			$	22,833,623
Total Investments (Managed Volatility Growth Portfolio) (Cost $5,767,739,671) - 99.5%			$	7,164,421,994
Other assets and liabilities, net - 0.5%				38,220,518
TOTAL NET ASSETS - 100.0%			$	7,202,642,512

Security Abbreviations and Legend
JHETF	John Hancock Exchange-Traded Fund Trust
JHF II	John Hancock Funds II
JHIT	John Hancock Investment Trust
JHSB	John Hancock Sovereign Bond Fund
JHVIT	John Hancock Variable Insurance Trust
(A)	The underlying portfolios' subadvisor is shown parenthetically.
(B)	The subadvisor is an affiliate of the advisor.
(C)	The rate shown is the annualized seven-day yield as of 9-30-21.
*	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.

 

DERIVATIVES

FUTURES

Open contracts	Number of contracts	Position	Expiration date	Notional basis^	Notional value^	Unrealized appreciation (depreciation)
Euro Currency Futures	360	Long	Dec 2021	$53,425,276	$52,200,000	$(1,225,276)
Euro STOXX 50 Index Futures	1,081	Long	Dec 2021	51,851,245	50,688,095	(1,163,150)
FTSE 100 Index Futures	174	Long	Dec 2021	16,395,126	16,583,653	188,527
Japanese Yen Currency Futures	251	Long	Dec 2021	28,497,201	28,177,888	(319,313)
MSCI Emerging Markets Index Futures	1,071	Long	Dec 2021	69,806,395	66,701,880	(3,104,515)
Nikkei 225 Index Futures	105	Long	Dec 2021	27,898,809	27,642,751	(256,058)
Pound Sterling Currency Futures	196	Long	Dec 2021	16,890,490	16,506,875	(383,615)
Russell 2000 E-Mini Index Futures	198	Long	Dec 2021	22,234,996	21,787,920	(447,076)
S&P 500 Index E-Mini Futures	1,399	Long	Dec 2021	313,603,517	300,627,613	(12,975,904)

153

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Managed Volatility Growth Portfolio (continued)
FUTURES (continued)

Open contracts	Number of contracts	Position	Expiration date	Notional basis^	Notional value^	Unrealized appreciation (depreciation)
S&P Mid 400 Index E-Mini Futures	216	Long	Dec 2021	$58,441,942	$56,877,120	$(1,564,822)
						$(21,251,202)

^ Notional basis refers to the contractual amount agreed upon at inception of open contracts; notional value represents the current value of the open contract.

Managed Volatility Moderate Portfolio

	Shares or Principal Amount	Value
AFFILIATED INVESTMENT COMPANIES (A) - 97.4%
Equity - 37.7%
Blue Chip Growth, Series NAV, JHVIT (T. Rowe Price)	1,215,288	$	55,125,457
Emerging Markets Equity, Class NAV, JHIT (MIM US) (B)	2,110,199		30,175,842
Equity Income, Series NAV, JHVIT (T. Rowe Price)	4,338,017		69,625,178
Fundamental Large Cap Core, Class NAV, JHIT (MIM US) (B)	884,987		67,559,911
Mid Cap Stock, Series NAV, JHVIT (Wellington)	539,663		15,094,386
Mid Value, Series NAV, JHVIT (T. Rowe Price)	1,398,211		16,428,979
Multifactor Developed International ETF, JHETF (DFA)	445,669		14,865,913
Multifactor Emerging Markets ETF, JHETF (DFA)	445,495		13,186,652
Multifactor Mid Cap ETF, JHETF (DFA)	233,040		12,036,516
Multifactor Small Cap ETF, JHETF (DFA)	287,679		9,939,194
Small Cap Growth, Class NAV, JHF II (Redwood)	273,135		7,336,405
Small Cap Value, Series NAV, JHVIT (Wellington)	665,345		11,530,424
Strategic Equity Allocation, Series NAV, JHVIT (MIM US) (B)	12,239,491		289,219,183
			612,124,040
Fixed income - 59.7%
Bond, Class NAV, JHSB (MIM US) (B)	15,141,506		248,623,529
Core Bond, Series NAV, JHVIT (Wells Capital)	6,210,727		86,515,424
Select Bond, Series NAV, JHVIT (MIM US) (B)	43,923,495		635,133,737
			970,272,690
TOTAL AFFILIATED INVESTMENT COMPANIES (Cost $1,374,220,101)		$	1,582,396,730
UNAFFILIATED INVESTMENT COMPANIES - 1.7%
Equity - 1.7%
Fidelity 500 Index Fund	181,953		27,285,643
TOTAL UNAFFILIATED INVESTMENT COMPANIES (Cost $22,451,090)		$	27,285,643

Managed Volatility Moderate Portfolio (continued)

		Shares or Principal Amount	Value
SHORT-TERM INVESTMENTS - 0.6%
Commercial paper - 0.2%
Salt River Project Agricultural Improvement & Power District 0.070%, 10/07/2021 *	$	3,000,000	$	2,999,831
Yale University 0.050%, 10/19/2021 *		500,000		499,981
				3,499,812
U.S. Government Agency - 0.2%
Federal Home Loan Bank Discount Note 0.046%, 02/02/2022 *		3,000,000		2,999,484
Short-term funds - 0.2%
State Street Institutional U.S. Government Money Market Fund, Premier Class, 0.0250% (C)		3,064,330		3,064,330
TOTAL SHORT-TERM INVESTMENTS (Cost $9,563,808)			$	9,563,626
Total Investments (Managed Volatility Moderate Portfolio) (Cost $1,406,234,999) - 99.7%			$	1,619,245,999
Other assets and liabilities, net - 0.3%				4,582,568
TOTAL NET ASSETS - 100.0%			$	1,623,828,567

Security Abbreviations and Legend
JHETF	John Hancock Exchange-Traded Fund Trust
JHF II	John Hancock Funds II
JHIT	John Hancock Investment Trust
JHSB	John Hancock Sovereign Bond Fund
JHVIT	John Hancock Variable Insurance Trust
(A)	The underlying portfolios' subadvisor is shown parenthetically.
(B)	The subadvisor is an affiliate of the advisor.
(C)	The rate shown is the annualized seven-day yield as of 9-30-21.
*	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.

 

DERIVATIVES

FUTURES

Open contracts	Number of contracts	Position	Expiration date	Notional basis^	Notional value^	Unrealized appreciation (depreciation)
Euro Currency Futures	38	Long	Dec 2021	$5,637,706	$5,510,000	$(127,706)
Euro STOXX 50 Index Futures	117	Long	Dec 2021	5,609,174	5,486,130	(123,044)
FTSE 100 Index Futures	17	Long	Dec 2021	1,602,052	1,620,242	18,190
Japanese Yen Currency Futures	22	Long	Dec 2021	2,500,005	2,469,775	(30,230)

154

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Managed Volatility Moderate Portfolio (continued)
FUTURES (continued)

Open contracts	Number of contracts	Position	Expiration date	Notional basis^	Notional value^	Unrealized appreciation (depreciation)
MSCI Emerging Markets Index Futures	107	Long	Dec 2021	$6,961,705	$6,663,960	$(297,745)
Nikkei 225 Index Futures	9	Long	Dec 2021	2,391,327	2,369,379	(21,948)
Pound Sterling Currency Futures	20	Long	Dec 2021	1,724,518	1,684,375	(40,143)
Russell 2000 E-Mini Index Futures	26	Long	Dec 2021	2,912,904	2,861,040	(51,864)
S&P 500 Index E-Mini Futures	199	Long	Dec 2021	44,555,585	42,762,611	(1,792,974)
S&P Mid 400 Index E-Mini Futures	23	Long	Dec 2021	6,213,782	6,056,360	(157,422)
						$(2,624,886)

^ Notional basis refers to the contractual amount agreed upon at inception of open contracts; notional value represents the current value of the open contract.

Mid Cap Index Trust

	Shares or Principal Amount	Value
COMMON STOCKS – 97.3%
Communication services – 1.7%
Diversified telecommunication services – 0.2%
Iridium Communications, Inc. (A)	77,607	$	3,092,639
Entertainment – 0.1%
World Wrestling Entertainment, Inc., Class A	26,555		1,493,984
Interactive media and services – 0.3%
TripAdvisor, Inc. (A)	57,904		1,960,050
Yelp, Inc. (A)	40,676		1,514,774
			3,474,824
Media – 1.0%
Cable One, Inc.	2,912		5,279,835
John Wiley & Sons, Inc., Class A	25,602		1,336,680
TEGNA, Inc.	130,048		2,564,547
The New York Times Company, Class A	98,287		4,842,600
			14,023,662
Wireless telecommunication services – 0.1%
Telephone & Data Systems, Inc.	58,143		1,133,789
			23,218,898
Consumer discretionary – 14.8%
Auto components – 1.6%
Adient PLC (A)	55,421		2,297,200
Dana, Inc.	85,427		1,899,896
Fox Factory Holding Corp. (A)	24,766		3,579,678
Gentex Corp.	140,558		4,635,603
Lear Corp.	35,141		5,498,864
The Goodyear Tire & Rubber Company (A)	165,279		2,925,438
Visteon Corp. (A)	16,461		1,553,754
			22,390,433
Automobiles – 0.5%
Harley-Davidson, Inc.	90,496		3,313,059
Thor Industries, Inc.	32,568		3,998,048
			7,311,107
Diversified consumer services – 0.9%
Graham Holdings Company, Class B	2,375		1,399,255
Grand Canyon Education, Inc. (A)	26,579		2,337,889
H&R Block, Inc.	104,736		2,618,400
Service Corp. International	98,574		5,940,069
			12,295,613
Hotels, restaurants and leisure – 3.0%
Boyd Gaming Corp. (A)	48,189		3,048,436
Choice Hotels International, Inc.	19,307		2,439,826
Churchill Downs, Inc.	20,393		4,895,951
Cracker Barrel Old Country Store, Inc.	13,956		1,951,607

Mid Cap Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Hotels, restaurants and leisure (continued)
Jack in the Box, Inc.	12,748	$	1,240,763
Marriott Vacations Worldwide Corp.	25,121		3,952,287
Papa John's International, Inc.	19,142		2,430,843
Scientific Games Corp. (A)	56,687		4,708,989
Six Flags Entertainment Corp. (A)	45,461		1,932,093
Texas Roadhouse, Inc.	41,076		3,751,471
The Wendy's Company	104,839		2,272,910
Travel + Leisure Company	50,763		2,768,106
Wingstop, Inc.	17,497		2,868,283
Wyndham Hotels & Resorts, Inc.	55,012		4,246,376
			42,507,941
Household durables – 1.6%
Helen of Troy, Ltd. (A)	14,176		3,185,064
KB Home	52,912		2,059,335
Taylor Morrison Home Corp. (A)	73,698		1,899,934
Tempur Sealy International, Inc.	115,584		5,364,253
Toll Brothers, Inc.	68,218		3,771,773
TopBuild Corp. (A)	19,373		3,967,784
Tri Pointe Homes, Inc. (A)	66,933		1,406,932
			21,655,075
Leisure products – 1.3%
Brunswick Corp.	45,587		4,343,073
Callaway Golf Company (A)	68,905		1,903,845
Mattel, Inc. (A)	205,272		3,809,848
Polaris, Inc.	33,502		4,008,849
YETI Holdings, Inc. (A)	51,435		4,407,465
			18,473,080
Multiline retail – 0.6%
Kohl's Corp.	91,900		4,327,571
Nordstrom, Inc. (A)	65,428		1,730,571
Ollie's Bargain Outlet Holdings, Inc. (A)	35,714		2,152,840
			8,210,982
Specialty retail – 3.6%
American Eagle Outfitters, Inc.	89,776		2,316,221
AutoNation, Inc. (A)	25,689		3,127,893
Dick's Sporting Goods, Inc. (B)	38,549		4,617,014
Five Below, Inc. (A)	32,936		5,823,414
Foot Locker, Inc.	52,989		2,419,478
GameStop Corp., Class A (A)(B)	36,599		6,422,027
Lithia Motors, Inc.	17,794		5,641,410
Murphy USA, Inc.	13,986		2,339,298
RH (A)	10,020		6,682,438
Urban Outfitters, Inc. (A)	38,758		1,150,725
Victoria's Secret & Company (A)	44,174		2,441,055

 

155

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Mid Cap Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Specialty retail (continued)
Williams-Sonoma, Inc.	44,187	$	7,835,681
			50,816,654
Textiles, apparel and luxury goods – 1.7%
Capri Holdings, Ltd. (A)	89,418		4,328,725
Carter's, Inc.	25,888		2,517,349
Columbia Sportswear Company	20,566		1,971,045
Crocs, Inc. (A)	36,697		5,265,286
Deckers Outdoor Corp. (A)	16,272		5,861,174
Skechers USA, Inc., Class A (A)	79,348		3,342,138
			23,285,717
			206,946,602
Consumer staples – 3.4%
Beverages – 0.2%
The Boston Beer Company, Inc., Class A (A)	5,522		2,814,840
Food and staples retailing – 1.1%
BJ's Wholesale Club Holdings, Inc. (A)	80,665		4,430,122
Casey's General Stores, Inc.	21,778		4,104,064
Grocery Outlet Holding Corp. (A)	51,344		1,107,490
Performance Food Group Company (A)	90,397		4,199,845
Sprouts Farmers Market, Inc. (A)	67,170		1,556,329
			15,397,850
Food products – 1.8%
Darling Ingredients, Inc. (A)	95,333		6,854,443
Flowers Foods, Inc.	117,085		2,766,719
Ingredion, Inc.	39,414		3,508,240
Lancaster Colony Corp.	11,666		1,969,337
Pilgrim's Pride Corp. (A)	28,667		833,636
Post Holdings, Inc. (A)	34,476		3,797,876
Sanderson Farms, Inc.	12,478		2,348,360
The Hain Celestial Group, Inc. (A)	49,272		2,107,856
Tootsie Roll Industries, Inc.	10,275		312,668
			24,499,135
Household products – 0.1%
Energizer Holdings, Inc.	37,001		1,444,889
Personal products – 0.2%
Coty, Inc., Class A (A)	166,737		1,310,553
Nu Skin Enterprises, Inc., Class A	29,491		1,193,501
			2,504,054
			46,660,768
Energy – 2.5%
Energy equipment and services – 0.4%
ChampionX Corp. (A)	118,705		2,654,244
NOV, Inc. (A)	229,821		3,012,953
			5,667,197
Oil, gas and consumable fuels – 2.1%
Antero Midstream Corp.	190,981		1,990,022
Cimarex Energy Company	60,477		5,273,594
CNX Resources Corp. (A)	128,186		1,617,707
DT Midstream, Inc.	56,978		2,634,663
EQT Corp. (A)	162,321		3,321,088
Equitrans Midstream Corp.	239,154		2,425,022
HollyFrontier Corp.	87,934		2,913,253
Murphy Oil Corp.	85,392		2,132,238
Targa Resources Corp.	134,500		6,618,745
			28,926,332
			34,593,529
Financials – 14.6%
Banks – 6.9%
Associated Banc-Corp.	89,978		1,927,329
BancorpSouth Bank	63,881		1,902,376

Mid Cap Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Banks (continued)
Bank of Hawaii Corp.	23,810	$	1,956,468
Bank OZK	71,667		3,080,248
Cathay General Bancorp	45,976		1,902,947
CIT Group, Inc.	58,319		3,029,672
Commerce Bancshares, Inc.	62,523		4,356,603
Cullen/Frost Bankers, Inc.	33,322		3,952,656
East West Bancorp, Inc.	83,456		6,471,178
First Financial Bankshares, Inc. (B)	75,366		3,463,068
First Horizon Corp.	323,130		5,263,788
FNB Corp.	187,946		2,183,933
Fulton Financial Corp.	95,924		1,465,719
Glacier Bancorp, Inc.	56,180		3,109,563
Hancock Whitney Corp.	51,088		2,407,267
Home BancShares, Inc.	88,799		2,089,440
International Bancshares Corp.	31,313		1,303,873
PacWest Bancorp	68,948		3,124,723
Pinnacle Financial Partners, Inc.	44,768		4,211,773
Prosperity Bancshares, Inc.	54,663		3,888,179
Signature Bank	35,668		9,711,683
Sterling Bancorp	113,347		2,829,141
Synovus Financial Corp.	86,143		3,780,816
Texas Capital Bancshares, Inc. (A)	29,763		1,786,375
UMB Financial Corp.	25,311		2,447,827
Umpqua Holdings Corp.	129,488		2,622,132
United Bankshares, Inc.	76,001		2,764,916
Valley National Bancorp	239,177		3,183,446
Webster Financial Corp.	53,288		2,902,064
Wintrust Financial Corp.	33,553		2,696,655
			95,815,858
Capital markets – 2.6%
Affiliated Managers Group, Inc.	24,238		3,662,119
Evercore, Inc., Class A	23,327		3,118,120
FactSet Research Systems, Inc.	22,223		8,773,196
Federated Hermes, Inc.	57,385		1,865,013
Interactive Brokers Group, Inc., Class A	51,380		3,203,029
Janus Henderson Group PLC	101,380		4,190,035
Jefferies Financial Group, Inc.	116,250		4,316,363
SEI Investments Company	63,069		3,739,992
Stifel Financial Corp.	61,639		4,188,986
			37,056,853
Consumer finance – 0.7%
FirstCash, Inc.	23,795		2,082,063
LendingTree, Inc. (A)	6,736		941,895
Navient Corp.	98,728		1,947,903
PROG Holdings, Inc. (A)	39,117		1,643,305
SLM Corp.	179,883		3,165,941
			9,781,107
Insurance – 3.6%
Alleghany Corp. (A)	8,159		5,094,561
American Financial Group, Inc.	38,884		4,892,774
Brighthouse Financial, Inc. (A)	48,887		2,211,159
CNO Financial Group, Inc.	75,169		1,769,478
First American Financial Corp.	64,658		4,335,319
Kemper Corp.	35,181		2,349,739
Kinsale Capital Group, Inc.	12,610		2,039,037
Mercury General Corp.	15,634		870,345
Old Republic International Corp.	167,253		3,868,562
Primerica, Inc.	23,217		3,566,828
Reinsurance Group of America, Inc.	39,997		4,450,066
RenaissanceRe Holdings, Ltd.	27,708		3,862,495
RLI Corp.	23,411		2,347,421
Selective Insurance Group, Inc.	35,357		2,670,514
The Hanover Insurance Group, Inc.	21,002		2,722,279

 

156

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Mid Cap Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Insurance (continued)
Unum Group	120,229	$	3,012,939
			50,063,516
Thrifts and mortgage finance – 0.8%
Essent Group, Ltd.	65,806		2,896,122
MGIC Investment Corp.	199,597		2,985,971
New York Community Bancorp, Inc.	273,542		3,520,486
Washington Federal, Inc.	39,967		1,371,268
			10,773,847
			203,491,181
Health care – 10.4%
Biotechnology – 1.6%
Arrowhead Pharmaceuticals, Inc. (A)	61,328		3,828,707
Emergent BioSolutions, Inc. (A)	28,113		1,407,618
Exelixis, Inc. (A)	185,319		3,917,644
Halozyme Therapeutics, Inc. (A)	83,725		3,405,933
Neurocrine Biosciences, Inc. (A)	55,673		5,339,597
United Therapeutics Corp. (A)	26,406		4,874,019
			22,773,518
Health care equipment and supplies – 3.8%
Envista Holdings Corp. (A)	94,856		3,965,929
Globus Medical, Inc., Class A (A)	46,060		3,529,117
Haemonetics Corp. (A)	29,978		2,116,147
Hill-Rom Holdings, Inc.	38,715		5,807,250
ICU Medical, Inc. (A)	11,727		2,736,847
Integra LifeSciences Holdings Corp. (A)	42,787		2,930,054
LivaNova PLC (A)	31,297		2,478,409
Masimo Corp. (A)	29,795		8,065,804
Neogen Corp. (A)	63,220		2,745,645
NuVasive, Inc. (A)	30,391		1,818,901
Penumbra, Inc. (A)	20,227		5,390,496
Quidel Corp. (A)	22,285		3,145,528
STAAR Surgical Company (A)	27,879		3,583,288
Tandem Diabetes Care, Inc. (A)	37,075		4,426,014
			52,739,429
Health care providers and services – 3.0%
Acadia Healthcare Company, Inc. (A)	52,860		3,371,411
Amedisys, Inc. (A)	19,195		2,861,975
Chemed Corp.	9,253		4,303,755
Encompass Health Corp.	58,531		4,392,166
HealthEquity, Inc. (A)	49,051		3,176,543
LHC Group, Inc. (A)	18,629		2,923,076
Molina Healthcare, Inc. (A)	34,352		9,320,046
Option Care Health, Inc. (A)	76,178		1,848,078
Patterson Companies, Inc.	50,719		1,528,671
Progyny, Inc. (A)	40,489		2,267,384
R1 RCM, Inc. (A)	78,738		1,733,023
Tenet Healthcare Corp. (A)	62,972		4,183,860
			41,909,988
Life sciences tools and services – 1.2%
Medpace Holdings, Inc. (A)	16,856		3,190,504
Repligen Corp. (A)	30,075		8,691,374
Syneos Health, Inc. (A)	60,871		5,324,995
			17,206,873
Pharmaceuticals – 0.8%
Jazz Pharmaceuticals PLC (A)	35,969		4,683,523
Nektar Therapeutics (A)	108,116		1,941,763
Perrigo Company PLC	78,654		3,722,694
			10,347,980
			144,977,788

Mid Cap Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Industrials – 17.7%
Aerospace and defense – 1.0%
Axon Enterprise, Inc. (A)	38,632	$	6,761,373
Curtiss-Wright Corp.	24,049		3,034,503
Hexcel Corp. (A)	49,322		2,929,234
Mercury Systems, Inc. (A)	33,035		1,566,520
			14,291,630
Air freight and logistics – 0.3%
GXO Logistics, Inc. (A)	57,986		4,548,422
Airlines – 0.2%
JetBlue Airways Corp. (A)	187,067		2,860,254
Building products – 2.4%
Builders FirstSource, Inc. (A)	121,885		6,306,330
Carlisle Companies, Inc.	30,662		6,095,299
Lennox International, Inc.	20,114		5,916,935
Owens Corning	60,663		5,186,687
Simpson Manufacturing Company, Inc.	25,552		2,733,297
Trex Company, Inc. (A)	67,849		6,915,849
			33,154,397
Commercial services and supplies – 1.7%
Clean Harbors, Inc. (A)	29,441		3,058,037
Herman Miller, Inc.	44,300		1,668,338
IAA, Inc. (A)	79,291		4,326,910
KAR Auction Services, Inc. (A)	70,106		1,149,037
MSA Safety, Inc.	21,439		3,123,662
Stericycle, Inc. (A)	54,031		3,672,487
Tetra Tech, Inc.	31,806		4,749,908
The Brink's Company	29,289		1,853,994
			23,602,373
Construction and engineering – 1.3%
AECOM (A)	84,741		5,351,394
Dycom Industries, Inc. (A)	18,105		1,289,800
EMCOR Group, Inc.	31,619		3,648,200
Fluor Corp. (A)	83,184		1,328,448
MasTec, Inc. (A)	33,660		2,904,185
Valmont Industries, Inc.	12,478		2,933,827
			17,455,854
Electrical equipment – 1.7%
Acuity Brands, Inc.	21,004		3,641,463
EnerSys	25,006		1,861,447
Hubbell, Inc.	31,988		5,779,272
nVent Electric PLC	98,884		3,196,920
Regal Beloit Corp.	23,939		3,598,989
Sunrun, Inc. (A)	121,135		5,329,940
			23,408,031
Machinery – 4.9%
AGCO Corp.	36,362		4,455,436
Colfax Corp. (A)	76,193		3,497,259
Crane Company	29,315		2,779,355
Donaldson Company, Inc.	73,872		4,240,992
Flowserve Corp.	76,624		2,656,554
Graco, Inc.	99,846		6,986,225
ITT, Inc.	50,646		4,347,453
Kennametal, Inc.	49,184		1,683,568
Lincoln Electric Holdings, Inc.	34,933		4,499,021
Nordson Corp.	31,799		7,572,932
Oshkosh Corp.	40,373		4,132,984
Terex Corp.	41,058		1,728,542
The Middleby Corp. (A)	32,721		5,579,258
The Timken Company	40,820		2,670,444
The Toro Company	62,977		6,134,590
Trinity Industries, Inc.	49,068		1,333,178

 

157

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Mid Cap Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Machinery (continued)
Woodward, Inc.	37,415	$	4,235,378
			68,533,169
Marine – 0.1%
Kirby Corp. (A)	35,357		1,695,722
Professional services – 1.6%
ASGN, Inc. (A)	31,117		3,520,577
CACI International, Inc., Class A (A)	13,853		3,630,871
FTI Consulting, Inc. (A)	20,163		2,715,956
Insperity, Inc.	21,118		2,338,607
KBR, Inc.	82,812		3,262,793
ManpowerGroup, Inc.	31,901		3,454,240
Science Applications International Corp.	34,093		2,916,997
			21,840,041
Road and rail – 1.7%
Avis Budget Group, Inc. (A)	27,791		3,237,929
Knight-Swift Transportation Holdings, Inc.	97,631		4,993,826
Landstar System, Inc.	22,515		3,553,317
Ryder System, Inc.	31,631		2,616,200
Saia, Inc. (A)	15,491		3,687,323
Werner Enterprises, Inc.	36,363		1,609,790
XPO Logistics, Inc. (A)	57,986		4,614,526
			24,312,911
Trading companies and distributors – 0.8%
GATX Corp.	20,882		1,870,192
MSC Industrial Direct Company, Inc., Class A	27,642		2,216,612
Univar Solutions, Inc. (A)	100,532		2,394,672
Watsco, Inc.	19,394		5,132,040
			11,613,516
			247,316,320
Information technology – 13.9%
Communications equipment – 0.9%
Ciena Corp. (A)	91,038		4,674,801
Lumentum Holdings, Inc. (A)	44,646		3,729,727
NetScout Systems, Inc. (A)	43,579		1,174,454
ViaSat, Inc. (A)	43,132		2,375,279
			11,954,261
Electronic equipment, instruments and components – 3.1%
Arrow Electronics, Inc. (A)	42,246		4,743,803
Avnet, Inc.	58,530		2,163,854
Belden, Inc.	26,384		1,537,132
Cognex Corp.	103,943		8,338,307
Coherent, Inc. (A)	14,432		3,609,299
II-VI, Inc. (A)	61,695		3,662,215
Jabil, Inc.	85,781		5,007,037
Littelfuse, Inc.	14,480		3,956,950
National Instruments Corp.	78,223		3,068,688
SYNNEX Corp.	24,439		2,544,100
Vishay Intertechnology, Inc.	78,064		1,568,306
Vontier Corp.	99,366		3,338,698
			43,538,389
IT services – 1.7%
Alliance Data Systems Corp.	29,268		2,952,849
Concentrix Corp. (A)	25,187		4,458,099
Genpact, Ltd.	101,597		4,826,873
LiveRamp Holdings, Inc. (A)	39,953		1,886,980
MAXIMUS, Inc.	36,159		3,008,429
Sabre Corp. (A)	189,794		2,247,161

Mid Cap Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
IT services (continued)
WEX, Inc. (A)	26,351	$	4,641,465
			24,021,856
Semiconductors and semiconductor equipment – 3.9%
Amkor Technology, Inc.	58,929		1,470,279
Brooks Automation, Inc.	43,703		4,473,002
Cirrus Logic, Inc. (A)	33,880		2,790,018
CMC Materials, Inc.	17,189		2,118,200
First Solar, Inc. (A)	58,162		5,552,145
Lattice Semiconductor Corp. (A)	80,225		5,186,546
MKS Instruments, Inc.	32,618		4,922,382
Semtech Corp. (A)	38,191		2,977,752
Silicon Laboratories, Inc. (A)	23,891		3,348,563
SolarEdge Technologies, Inc. (A)	30,746		8,154,454
Synaptics, Inc. (A)	20,707		3,721,669
Universal Display Corp.	25,500		4,359,480
Wolfspeed, Inc. (A)	67,923		5,483,424
			54,557,914
Software – 4.2%
ACI Worldwide, Inc. (A)	69,107		2,123,658
Aspen Technology, Inc. (A)	39,947		4,905,492
Blackbaud, Inc. (A)	24,729		1,739,685
CDK Global, Inc.	71,630		3,047,857
Cerence, Inc. (A)	22,356		2,148,635
CommVault Systems, Inc. (A)	26,982		2,032,014
Digital Turbine, Inc. (A)	51,439		3,536,431
Envestnet, Inc. (A)	32,067		2,573,056
Fair Isaac Corp. (A)	16,698		6,644,635
j2 Global, Inc. (A)	28,355		3,873,860
Manhattan Associates, Inc. (A)	37,293		5,706,948
Mimecast, Ltd. (A)	35,962		2,287,183
NCR Corp. (A)	77,293		2,995,877
Paylocity Holding Corp. (A)	23,125		6,484,250
Qualys, Inc. (A)	19,701		2,192,524
Sailpoint Technologies Holdings, Inc. (A)	54,671		2,344,292
Teradata Corp. (A)	64,175		3,680,436
			58,316,833
Technology hardware, storage and peripherals – 0.1%
Xerox Holdings Corp.	80,842		1,630,583
			194,019,836
Materials – 5.7%
Chemicals – 2.4%
Ashland Global Holdings, Inc.	33,224		2,960,923
Avient Corp.	53,703		2,489,134
Cabot Corp.	33,366		1,672,304
Ingevity Corp. (A)	23,247		1,659,138
Minerals Technologies, Inc.	19,760		1,380,038
NewMarket Corp.	4,243		1,437,401
Olin Corp.	84,949		4,098,789
RPM International, Inc.	76,336		5,927,490
Sensient Technologies Corp.	24,797		2,258,511
The Chemours Company	97,153		2,823,266
The Scotts Miracle-Gro Company	23,961		3,506,932
Valvoline, Inc.	106,328		3,315,307
			33,529,233
Construction materials – 0.2%
Eagle Materials, Inc.	24,636		3,231,258
Containers and packaging – 0.8%
AptarGroup, Inc.	38,799		4,630,661
Greif, Inc., Class A	15,618		1,008,923
Silgan Holdings, Inc.	49,358		1,893,373

 

158

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Mid Cap Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Containers and packaging (continued)
Sonoco Products Company	57,837	$	3,445,928
			10,978,885
Metals and mining – 2.1%
Cleveland-Cliffs, Inc. (A)	267,500		5,299,175
Commercial Metals Company	70,932		2,160,589
Compass Minerals International, Inc.	20,023		1,289,481
Reliance Steel & Aluminum Company	37,342		5,318,248
Royal Gold, Inc.	38,592		3,685,150
Steel Dynamics, Inc.	114,061		6,670,287
U.S. Steel Corp.	158,896		3,490,945
Worthington Industries, Inc.	19,479		1,026,543
			28,940,418
Paper and forest products – 0.2%
Louisiana-Pacific Corp.	56,014		3,437,579
			80,117,373
Real estate – 9.5%
Equity real estate investment trusts – 9.0%
American Campus Communities, Inc.	81,826		3,964,470
Apartment Income REIT Corp.	92,329		4,506,578
Brixmor Property Group, Inc.	174,690		3,862,396
Camden Property Trust	59,161		8,724,473
CoreSite Realty Corp.	26,002		3,602,317
Corporate Office Properties Trust	66,078		1,782,784
Cousins Properties, Inc.	87,461		3,261,421
CyrusOne, Inc.	72,951		5,647,137
Douglas Emmett, Inc.	103,217		3,262,689
EastGroup Properties, Inc.	23,767		3,960,295
EPR Properties	44,001		2,172,769
First Industrial Realty Trust, Inc.	75,958		3,955,893
Healthcare Realty Trust, Inc.	85,604		2,549,287
Highwoods Properties, Inc.	61,299		2,688,574
Hudson Pacific Properties, Inc.	89,691		2,356,183
JBG SMITH Properties	68,297		2,022,274
Kilroy Realty Corp.	61,651		4,081,913
Lamar Advertising Company, Class A	51,036		5,790,034
Life Storage, Inc.	46,067		5,285,728
Medical Properties Trust, Inc.	350,405		7,032,628
National Retail Properties, Inc.	103,292		4,461,181
National Storage Affiliates Trust	47,975		2,532,600
Omega Healthcare Investors, Inc.	140,512		4,209,740
Park Hotels & Resorts, Inc. (A)	139,110		2,662,565
Pebblebrook Hotel Trust	77,282		1,731,890
Physicians Realty Trust	127,883		2,253,298
PotlatchDeltic Corp.	39,438		2,034,212
PS Business Parks, Inc.	11,827		1,853,764
Rayonier, Inc.	83,131		2,966,114
Rexford Industrial Realty, Inc.	81,022		4,597,999
Sabra Health Care REIT, Inc.	129,894		1,912,040
SL Green Realty Corp.	39,504		2,798,463
Spirit Realty Capital, Inc.	70,060		3,225,562
STORE Capital Corp.	143,832		4,606,939
The Macerich Company	125,297		2,093,713
Urban Edge Properties	64,769		1,185,920
			125,635,843
Real estate management and development – 0.5%
Jones Lang LaSalle, Inc. (A)	29,824		7,399,036
			133,034,879
Utilities – 3.1%
Electric utilities – 1.0%
ALLETE, Inc.	30,745		1,829,942

Mid Cap Index Trust (continued)

		Shares or Principal Amount	Value
COMMON STOCKS (continued)
Electric utilities (continued)
Hawaiian Electric Industries, Inc.		64,299	$	2,625,328
IDACORP, Inc.		29,715		3,071,937
OGE Energy Corp.		117,747		3,880,941
PNM Resources, Inc.		50,490		2,498,245
				13,906,393
Gas utilities – 1.2%
National Fuel Gas Company		53,635		2,816,910
New Jersey Resources Corp.		56,725		1,974,597
ONE Gas, Inc.		31,470		1,994,254
Southwest Gas Holdings, Inc.		34,760		2,324,749
Spire, Inc.		30,402		1,859,994
UGI Corp.		122,996		5,242,090
				16,212,594
Multi-utilities – 0.5%
Black Hills Corp.		37,340		2,343,458
MDU Resources Group, Inc.		119,075		3,532,955
NorthWestern Corp.		30,329		1,737,852
				7,614,265
Water utilities – 0.4%
Essential Utilities, Inc.		131,550		6,061,824
				43,795,076
TOTAL COMMON STOCKS (Cost $1,017,619,099)			$	1,358,172,250
SHORT-TERM INVESTMENTS – 3.6%
U.S. Government – 2.0%
U.S. Treasury Bill
0.050%, 10/28/2021 *	$	500,000		499,975
0.050%, 11/02/2021 *		27,000,000		26,998,597
				27,498,572
Short-term funds – 0.9%
John Hancock Collateral Trust, 0.0303% (C)(D)		1,216,746		12,175,004
Repurchase agreement – 0.7%
Repurchase Agreement with State Street Corp. dated 9-30-21 at 0.000% to be repurchased at $9,939,000 on 10-1-21, collateralized by $10,136,200 U.S. Treasury Notes, 0.125% due 12-31-22 (valued at $10,137,786)	$	9,939,000		9,939,000
TOTAL SHORT-TERM INVESTMENTS (Cost $49,612,969)			$	49,612,576
Total Investments (Mid Cap Index Trust) (Cost $1,067,232,068) – 100.9%			$	1,407,784,826
Other assets and liabilities, net – (0.9%)				(11,976,538)
TOTAL NET ASSETS – 100.0%			$	1,395,808,288

Security Abbreviations and Legend
(A)	Non-income producing security.
(B)	All or a portion of this security is on loan as of 9-30-21. The value of securities on loan amounted to $11,812,832. In addition to the cash collateral invested in John Hancock Collateral Trust, non-cash collateral of $608,260 in the form of U.S. Treasuries was pledged to the fund.
(C)	The rate shown is the annualized seven-day yield as of 9-30-21.
(D)	Investment is an affiliate of the fund, the advisor and/or subadvisor. This security represents the investment of cash collateral received for securities lending.
*	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.

 

159

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Mid Cap Index Trust (continued)

DERIVATIVES

FUTURES

Open contracts	Number of contracts	Position	Expiration date	Notional basis^	Notional value^	Unrealized appreciation (depreciation)
S&P Mid 400 Index E-Mini Futures	156	Long	Dec 2021	$42,185,841	$41,077,920	$(1,107,921)
						$(1,107,921)

^ Notional basis refers to the contractual amount agreed upon at inception of open contracts; notional value represents the current value of the open contract.

Mid Cap Stock Trust

	Shares or Principal Amount	Value
COMMON STOCKS – 95.0%
Communication services – 7.4%
Entertainment – 3.0%
Spotify Technology SA (A)	123,912	$	27,922,330
Interactive media and services – 4.4%
Match Group, Inc. (A)	162,572		25,522,178
Snap, Inc., Class A (A)	176,165		13,013,309
ZoomInfo Technologies, Inc., Class A (A)	56,500		3,457,235
			41,992,722
			69,915,052
Consumer discretionary – 28.4%
Automobiles – 1.9%
Thor Industries, Inc.	145,243		17,830,031
Diversified consumer services – 2.4%
2U, Inc. (A)	175,317		5,885,392
Chegg, Inc. (A)	243,198		16,542,328
			22,427,720
Hotels, restaurants and leisure – 7.6%
Chipotle Mexican Grill, Inc. (A)	15,159		27,551,786
DraftKings, Inc., Class A (A)	485,889		23,400,414
Penn National Gaming, Inc. (A)	117,824		8,537,527
Planet Fitness, Inc., Class A (A)	154,886		12,166,295
			71,656,022
Household durables – 1.9%
Lennar Corp., A Shares	187,404		17,556,007
Leisure products – 1.2%
Polaris, Inc.	93,814		11,225,783
Multiline retail – 0.9%
Ollie's Bargain Outlet Holdings, Inc. (A)	139,608		8,415,570
Specialty retail – 7.9%
EVgo, Inc. (A)	253,000		2,061,950
Five Below, Inc. (A)	143,245		25,327,148
Floor & Decor Holdings, Inc., Class A (A)	213,424		25,779,485
Ross Stores, Inc.	113,227		12,324,759
Ulta Beauty, Inc. (A)	25,917		9,353,964
			74,847,306
Textiles, apparel and luxury goods – 4.6%
Lululemon Athletica, Inc. (A)	107,553		43,526,695
			267,485,134
Consumer staples – 0.2%
Household products – 0.2%
The Honest Company, Inc. (A)(B)	159,725		1,636,406
Financials – 3.0%
Capital markets – 3.0%
Ares Management Corp., Class A	195,040		14,399,803

Mid Cap Stock Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Capital markets (continued)
Tradeweb Markets, Inc., Class A	166,886	$	13,481,051
			27,880,854
Health care – 20.9%
Biotechnology – 2.9%
Apellis Pharmaceuticals, Inc. (A)	88,981		2,932,814
Ascendis Pharma A/S, ADR (A)	38,420		6,123,764
Exact Sciences Corp. (A)	122,333		11,676,685
Kodiak Sciences, Inc. (A)	70,109		6,729,062
			27,462,325
Health care equipment and supplies – 10.5%
ABIOMED, Inc. (A)	61,442		20,000,600
Align Technology, Inc. (A)	40,125		26,700,379
DexCom, Inc. (A)	56,420		30,853,841
Insulet Corp. (A)	73,684		20,943,203
			98,498,023
Health care providers and services – 1.4%
Oak Street Health, Inc. (A)(C)	305,936		13,011,458
Health care technology – 3.6%
GoodRx Holdings, Inc., Class A (A)(C)	456,984		18,745,484
Inspire Medical Systems, Inc. (A)	41,495		9,663,356
MultiPlan Corp. (A)	1,024,314		5,766,888
			34,175,728
Life sciences tools and services – 1.4%
Agilent Technologies, Inc.	84,273		13,275,526
Pharmaceuticals – 1.1%
Elanco Animal Health, Inc. (A)	280,582		8,947,760
Reata Pharmaceuticals, Inc., Class A (A)	16,478		1,657,852
			10,605,612
			197,028,672
Industrials – 9.5%
Building products – 1.5%
Johnson Controls International PLC	208,935		14,224,295
Commercial services and supplies – 1.7%
Copart, Inc. (A)	118,125		16,386,300
Machinery – 1.6%
Hyzon Motors, Inc. (A)	265,700		1,843,958
The Middleby Corp. (A)	78,268		13,345,477
			15,189,435
Professional services – 4.7%
CoStar Group, Inc. (A)	357,084		30,730,649
Leidos Holdings, Inc.	139,612		13,420,902
			44,151,551
			89,951,581

 

160

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Mid Cap Stock Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Information technology – 25.6%
Communications equipment – 2.6%
Arista Networks, Inc. (A)	71,329	$	24,511,498
IT services – 2.4%
MongoDB, Inc. (A)	46,829		22,080,342
Payoneer Global, Inc. (A)	93,200		796,860
			22,877,202
Semiconductors and semiconductor equipment – 5.4%
Marvell Technology, Inc.	252,917		15,253,424
MKS Instruments, Inc.	68,329		10,311,529
SolarEdge Technologies, Inc. (A)	56,222		14,911,199
Universal Display Corp.	58,862		10,063,048
			50,539,200
Software – 15.2%
Fair Isaac Corp. (A)	53,237		21,184,599
Guidewire Software, Inc. (A)	130,206		15,477,587
IronSource, Ltd., Class A (A)(C)	1,314,747		14,291,300
Paycom Software, Inc. (A)	75,556		37,456,887
RingCentral, Inc., Class A (A)	85,578		18,613,215
Varonis Systems, Inc. (A)	291,070		17,711,610
Workday, Inc., Class A (A)	76,311		19,069,356
			143,804,554
			241,732,454
TOTAL COMMON STOCKS (Cost $712,244,757)		$	895,630,153
PREFERRED SECURITIES – 0.8%
Information technology – 0.7%
Software – 0.7%
Essence Group Holdings Corp. (A)(B)(D)	1,663,188		4,291,025
Lookout, Inc., Series F (A)(B)(D)	211,003		1,892,697
			6,183,722
Real estate – 0.1%
Real estate management and development – 0.1%
WeWork Companies, Inc., Series D1 (A)(B)(D)	44,123		332,345
WeWork Companies, Inc., Series D2 (A)(B)(D)	81,039		610,406
			942,751
TOTAL PREFERRED SECURITIES (Cost $7,951,358)		$	7,126,473
EXCHANGE-TRADED FUNDS – 2.3%
iShares Russell Mid-Cap Growth ETF (C)	197,126		22,091,911
TOTAL EXCHANGE-TRADED FUNDS (Cost $22,290,495)		$	22,091,911
SHORT-TERM INVESTMENTS – 6.9%
Short-term funds – 4.3%
John Hancock Collateral Trust, 0.0303% (E)(F)	4,027,216		40,297,129

Mid Cap Stock Trust (continued)

		Shares or Principal Amount	Value
SHORT-TERM INVESTMENTS (continued)
Repurchase agreement – 2.6%
Deutsche Bank Tri-Party Repurchase Agreement dated 9-30-21 at 0.050% to be repurchased at $24,300,034 on 10-1-21, collateralized by $8,205,000 Federal Home Loan Bank, 0.550% due 2-12-26 (valued at $8,081,214), $9,646,319 Federal Home Loan Mortgage Corp., 2.500% - 4.500% due 8-1-28 to 12-1-50 (valued at $10,534,768) and $5,616,139 Federal National Mortgage Association, 2.500% - 4.500% due 12-1-43 to 6-1-50 (valued at $6,174,886)	$	24,300,000	$	24,300,000
TOTAL SHORT-TERM INVESTMENTS (Cost $64,598,140)			$	64,597,129
Total Investments (Mid Cap Stock Trust) (Cost $807,084,750) – 105.0%			$	989,445,666
Other assets and liabilities, net – (5.0%)				(47,191,829)
TOTAL NET ASSETS – 100.0%			$	942,253,837

Security Abbreviations and Legend
ADR	American Depositary Receipt
(A)	Non-income producing security.
(B)	Restricted security as to resale. For more information on this security refer to the Notes to Portfolio of Investments.
(C)	All or a portion of this security is on loan as of 9-30-21. The value of securities on loan amounted to $39,461,264.
(D)	Security is valued using significant unobservable inputs and is classified as Level 3 in the fair value hierarchy.
(E)	The rate shown is the annualized seven-day yield as of 9-30-21.
(F)	Investment is an affiliate of the fund, the advisor and/or subadvisor. This security represents the investment of cash collateral received for securities lending.

Mid Value Trust

	Shares or Principal Amount	Value
COMMON STOCKS – 92.8%
Communication services – 4.6%
Entertainment – 0.2%
Madison Square Garden Sports Corp. (A)	7,310	$	1,359,295
Media – 4.2%
DISH Network Corp., Class A (A)	92,816		4,033,783
Fox Corp., Class A	109,453		4,390,160
News Corp., Class A	562,162		13,227,672
Scholastic Corp.	98,685		3,518,120
ViacomCBS, Inc., Class B	39,862		1,574,948
			26,744,683
Wireless telecommunication services – 0.2%
Telephone & Data Systems, Inc.	87,303		1,702,409
			29,806,387

 

161

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Mid Value Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Consumer discretionary – 2.5%
Diversified consumer services – 0.5%
Strategic Education, Inc.	50,775	$	3,579,638
Hotels, restaurants and leisure – 0.5%
Compass Group PLC (A)	145,662		2,978,959
Household durables – 0.3%
Mohawk Industries, Inc. (A)	10,281		1,823,849
Multiline retail – 0.3%
Nordstrom, Inc. (A)	63,989		1,692,509
Textiles, apparel and luxury goods – 0.9%
Ralph Lauren Corp.	53,841		5,978,505
			16,053,460
Consumer staples – 8.4%
Beverages – 0.6%
Carlsberg A/S, Class B	23,386		3,815,265
Food and staples retailing – 1.5%
Sysco Corp.	116,711		9,161,814
Food products – 5.7%
Bunge, Ltd.	164,551		13,381,287
Campbell Soup Company	146,476		6,124,162
Flowers Foods, Inc.	563,284		13,310,401
The Kraft Heinz Company	101,859		3,750,448
			36,566,298
Household products – 0.6%
Kimberly-Clark Corp.	29,521		3,909,761
			53,453,138
Energy – 12.5%
Energy equipment and services – 2.5%
Frank's International NV (A)(B)	879,923		2,586,974
NOV, Inc. (A)	242,444		3,178,441
SEACOR Marine Holdings, Inc. (A)	120,027		555,725
TechnipFMC PLC (A)	985,558		7,421,252
Tidewater, Inc. (A)	207,950		2,507,877
			16,250,269
Oil, gas and consumable fuels – 10.0%
APA Corp.	88,000		1,885,840
Cameco Corp.	490,869		10,666,583
Canadian Natural Resources, Ltd.	248,890		9,094,441
Chesapeake Energy Corp.	11,586		713,582
EQT Corp. (A)	673,136		13,772,363
Equitrans Midstream Corp.	586,239		5,944,463
Hess Corp.	15,811		1,234,997
Imperial Oil, Ltd.	525,668		16,590,074
NAC Kazatomprom JSC, GDR	105,741		3,718,088
			63,620,431
			79,870,700
Financials – 17.8%
Banks – 3.9%
Fifth Third Bancorp	344,783		14,632,591
Popular, Inc.	59,883		4,651,113
Westamerica BanCorp	97,607		5,491,370
			24,775,074
Capital markets – 4.3%
Lazard, Ltd., Class A	93,351		4,275,476
Northern Trust Corp.	79,862		8,609,922
State Street Corp.	168,748		14,296,331
			27,181,729
Diversified financial services – 1.3%
Groupe Bruxelles Lambert SA	62,496		6,874,285

Mid Value Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Diversified financial services (continued)
Jackson Financial, Inc., Class A (A)(B)	52,600	$	1,367,600
			8,241,885
Insurance – 7.8%
Brighthouse Financial, Inc. (A)	128,985		5,833,992
Brown & Brown, Inc.	145,130		8,047,459
CNA Financial Corp.	159,545		6,694,508
Kemper Corp.	82,021		5,478,183
Loews Corp.	243,093		13,110,005
Marsh & McLennan Companies, Inc.	33,432		5,062,608
RenaissanceRe Holdings, Ltd.	38,249		5,331,911
The Hartford Financial Services Group, Inc.	7,400		519,850
			50,078,516
Thrifts and mortgage finance – 0.5%
Capitol Federal Financial, Inc.	298,563		3,430,489
			113,707,693
Health care – 15.3%
Biotechnology – 1.8%
ACADIA Pharmaceuticals, Inc. (A)	112,600		1,870,286
Alkermes PLC (A)	167,106		5,153,549
BioMarin Pharmaceutical, Inc. (A)	26,604		2,056,223
Galapagos NV (A)	24,592		1,290,246
Incyte Corp. (A)	18,089		1,244,161
			11,614,465
Health care equipment and supplies – 4.9%
Baxter International, Inc.	126,128		10,144,475
Dentsply Sirona, Inc.	135,642		7,874,018
Hologic, Inc. (A)	67,354		4,971,399
Zimmer Biomet Holdings, Inc.	56,240		8,231,286
			31,221,178
Health care providers and services – 7.9%
Cardinal Health, Inc.	302,942		14,983,511
Centene Corp. (A)	42,200		2,629,482
Covetrus, Inc. (A)	142,296		2,581,249
Fresenius Medical Care AG & Company KGaA	12,767		895,532
Fresenius Medical Care AG & Company KGaA, ADR	19,215		671,949
Fresenius SE & Company KGaA	61,413		2,939,543
Fresenius SE & Company KGaA, ADR	135,772		1,623,833
Patterson Companies, Inc.	315,830		9,519,116
Select Medical Holdings Corp.	408,194		14,764,377
			50,608,592
Pharmaceuticals – 0.7%
Perrigo Company PLC	94,046		4,451,197
			97,895,432
Industrials – 6.2%
Aerospace and defense – 2.9%
Rolls-Royce Holdings PLC (A)	2,392,251		4,468,043
Textron, Inc.	202,547		14,139,806
			18,607,849
Air freight and logistics – 0.5%
CH Robinson Worldwide, Inc.	40,641		3,535,767
Airlines – 0.4%
Southwest Airlines Company (A)	46,204		2,376,272
Commercial services and supplies – 0.4%
Cintas Corp.	6,272		2,387,500
Machinery – 1.5%
AGCO Corp.	15,728		1,927,152

 

162

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Mid Value Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Machinery (continued)
PACCAR, Inc.	100,038	$	7,894,999
			9,822,151
Road and rail – 0.5%
JB Hunt Transport Services, Inc.	19,729		3,299,083
			40,028,622
Information technology – 1.9%
Electronic equipment, instruments and components – 0.8%
National Instruments Corp.	132,985		5,217,002
Semiconductors and semiconductor equipment – 1.1%
Applied Materials, Inc.	52,323		6,735,540
			11,952,542
Materials – 9.3%
Chemicals – 2.2%
Corteva, Inc.	202,553		8,523,430
PPG Industries, Inc.	15,761		2,253,981
Westlake Chemical Corp.	33,620		3,064,127
			13,841,538
Construction materials – 1.8%
Summit Materials, Inc., Class A (A)	239,408		7,653,874
Vulcan Materials Company	24,571		4,156,430
			11,810,304
Metals and mining – 5.3%
AngloGold Ashanti, Ltd., ADR	140,498		2,246,563
Centerra Gold, Inc.	47,339		323,293
Cia de Minas Buenaventura SAA, ADR (A)	539,802		3,649,062
Franco-Nevada Corp.	92,836		12,060,764
Freeport-McMoRan, Inc.	203,261		6,612,080
Fresnillo PLC	486,494		5,094,598
Gold Fields, Ltd., ADR	437,967		3,556,292
Newmont Corp.	1,400		76,020
			33,618,672
			59,270,514
Real estate – 7.1%
Equity real estate investment trusts – 6.9%
Apartment Income REIT Corp.	57,990		2,830,492
Apartment Investment and Management Company, Class A	417,176		2,857,656
Equity Commonwealth (A)	246,882		6,413,994
Equity Residential	59,856		4,843,548
Rayonier, Inc.	256,894		9,165,978
Regency Centers Corp.	99,981		6,731,721
Weyerhaeuser Company	313,459		11,149,737
			43,993,126
Real estate management and development – 0.2%
The St. Joe Company	32,761		1,379,238
			45,372,364
Utilities – 7.2%
Electric utilities – 3.8%
FirstEnergy Corp.	407,218		14,505,105
PG&E Corp. (A)	1,011,699		9,712,310
			24,217,415
Gas utilities – 0.9%
Atmos Energy Corp.	4,258		375,556

Mid Value Trust (continued)

		Shares or Principal Amount	Value
COMMON STOCKS (continued)
Gas utilities (continued)
National Fuel Gas Company		103,516	$	5,436,660
				5,812,216
Independent power and renewable electricity producers – 1.1%
Vistra Corp.		421,320		7,204,572
Multi-utilities – 1.4%
CenterPoint Energy, Inc.		226,305		5,567,103
Consolidated Edison, Inc.		42,200		3,063,298
				8,630,401
				45,864,604
TOTAL COMMON STOCKS (Cost $463,900,185)			$	593,275,456
PREFERRED SECURITIES – 0.2%
Consumer staples – 0.2%
Food products – 0.2%
Bunge, Ltd., 4.875%		8,102		971,835
TOTAL PREFERRED SECURITIES (Cost $917,915)			$	971,835
CORPORATE BONDS - 0.2%
Energy - 0.2%
Weatherford International, Ltd. 11.000%, 12/01/2024 (C)	$	1,427,000		1,502,802
TOTAL CORPORATE BONDS (Cost $1,096,908)			$	1,502,802
SHORT-TERM INVESTMENTS – 7.0%
Short-term funds – 7.0%
John Hancock Collateral Trust, 0.0303% (D)(E)		284,267		2,844,431
State Street Institutional U.S. Government Money Market Fund, Premier Class, 0.0250% (D)		1,955,047		1,955,047
T. Rowe Price Government Reserve Fund, 0.0295% (D)		39,683,340		39,683,340
TOTAL SHORT-TERM INVESTMENTS (Cost $44,482,899)			$	44,482,818
Total Investments (Mid Value Trust) (Cost $510,397,907) – 100.2%			$	640,232,911
Other assets and liabilities, net – (0.2%)				(1,132,757)
TOTAL NET ASSETS – 100.0%			$	639,100,154

Security Abbreviations and Legend
ADR	American Depositary Receipt
GDR	Global Depositary Receipt
(A)	Non-income producing security.
(B)	All or a portion of this security is on loan as of 9-30-21. The value of securities on loan amounted to $2,766,306.
(C)	These 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.
(D)	The rate shown is the annualized seven-day yield as of 9-30-21.
(E)	Investment is an affiliate of the fund, the advisor and/or subadvisor. This security represents the investment of cash collateral received for securities lending.

 

163

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Opportunistic Fixed Income Trust

		Shares or Principal Amount	Value
U.S. GOVERNMENT AND AGENCY OBLIGATIONS - 7.0%
U.S. Government - 0.4%
U.S. Treasury Inflation Protected Security 0.125%, 02/15/2051 (A)	$	775,838	$	849,745
U.S. Government Agency - 6.6%
Federal National Mortgage Association 2.000%, TBA (B)		13,894,000		13,921,185
TOTAL U.S. GOVERNMENT AND AGENCY OBLIGATIONS (Cost $14,844,712)			$	14,770,930
FOREIGN GOVERNMENT OBLIGATIONS - 45.7%
Argentina - 0.2%
Republic of Argentina
1.000%, 07/09/2029		34,723		13,195
(1.125% to 7-9-22, then 1.500% to 7-9-23, then 3.625% to 7-9-24, then 4.125% to 7-9-27, then 4.750% to 7-9-28, then 5.000% thereafter), 07/09/2035		1,534,439		501,854
				515,049
Brazil - 2.9%
Federative Republic of Brazil
3.875%, 06/12/2030		200,000		193,890
4.750%, 01/14/2050		200,000		177,054
6.000%, 05/15/2055	BRL	1,756,000		1,390,782
10.000%, 01/01/2025 to 01/01/2029		23,357,000		4,246,891
				6,008,617
Canada - 1.0%
Government of Canada
0.500%, 12/01/2050	CAD	394,081		332,054
1.500%, 12/01/2044		578,434		584,476
2.750%, 12/01/2048		1,180,000		1,085,561
				2,002,091
Chile - 2.1%
Republic of Chile
1.250%, 01/29/2040 to 01/22/2051	EUR	620,000		652,893
1.875%, 05/27/2030		170,000		215,034
1.900%, 09/01/2030	CLP	2,106,185,900		2,559,738
2.550%, 01/27/2032	$	200,000		198,166
3.100%, 05/07/2041		200,000		193,700
3.250%, 09/21/2071		200,000		180,672
3.500%, 01/25/2050		200,000		199,700
5.000%, 03/01/2035	CLP	150,000,000		172,552
				4,372,455
Colombia - 1.3%
Republic of Colombia
3.875%, 03/22/2026	EUR	670,000		857,980
3.875%, 02/15/2061	$	660,000		531,412
5.000%, 06/15/2045		400,000		389,856
5.625%, 02/26/2044		255,000		265,937
6.000%, 04/28/2028	COP	1,667,200,000		411,822
7.375%, 09/18/2037	$	190,000		233,407
				2,690,414
Czech Republic - 0.2%
Czech Republic 2.500%, 08/25/2028	CZK	8,330,000		391,137
Dominican Republic - 0.1%
The Dominican Republic 6.500%, 02/15/2048	$	150,000		160,277
Egypt - 0.5%
Arab Republic of Egypt
6.875%, 04/30/2040		250,000		228,510

Opportunistic Fixed Income Trust (continued)

		Shares or Principal Amount	Value
FOREIGN GOVERNMENT OBLIGATIONS (continued)
Egypt (continued)
Arab Republic of Egypt (continued)
7.300%, 09/30/2033 (C)	$	200,000	$	194,160
7.903%, 02/21/2048		620,000		566,014
				988,684
Gabon - 0.2%
Republic of Gabon 6.625%, 02/06/2031		400,000		394,083
Germany - 1.9%
Federal Republic of Germany, Inflation Linked Bond 0.500%, 04/15/2030	EUR	2,745,130		3,926,825
Ghana - 0.3%
Republic of Ghana 10.750%, 10/14/2030	$	450,000		543,814
Greece - 0.6%
Republic of Greece, GDP-Linked Note 4.404%, 10/15/2042 (D)*	EUR	409,185,000		1,232,346
Guatemala - 0.1%
Republic of Guatemala 6.125%, 06/01/2050	$	225,000		258,752
Hungary - 0.7%
Republic of Hungary
1.500%, 11/17/2050	EUR	390,000		420,456
1.625%, 04/28/2032		520,000		635,162
2.750%, 12/22/2026	HUF	97,030,000		312,650
				1,368,268
Iceland - 1.9%
Republic of Iceland
5.000%, 11/15/2028	ISK	433,770,000		3,568,223
6.500%, 01/24/2031		46,170,000		423,138
				3,991,361
Indonesia - 1.3%
Republic of Indonesia
1.000%, 07/28/2029	EUR	105,000		120,647
1.100%, 03/12/2033		420,000		471,059
1.300%, 03/23/2034		105,000		118,825
1.400%, 10/30/2031		380,000		445,803
3.350%, 03/12/2071	$	600,000		552,960
3.500%, 02/14/2050		200,000		199,859
9.000%, 03/15/2029	IDR	11,324,000,000		923,920
				2,833,073
Israel - 2.1%
State of Israel
3.750%, 03/31/2047	ILS	8,740,000		3,481,144
3.800%, 05/13/2060	$	200,000		221,680
State of Israel, CPI Linked Bond 0.500%, 11/30/2051	ILS	2,450,000		789,423
				4,492,247
Ivory Coast - 0.5%
Republic of Ivory Coast
4.875%, 01/30/2032	EUR	500,000		563,435
6.625%, 03/22/2048		425,000		494,880
				1,058,315
Jamaica - 0.1%
Government of Jamaica 7.875%, 07/28/2045	$	200,000		277,702
Japan - 4.6%
Government of Japan, CPI Linked Bond 0.100%, 03/10/2028	JPY	1,051,021,656		9,697,598

 

164

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Opportunistic Fixed Income Trust (continued)

		Shares or Principal Amount	Value
FOREIGN GOVERNMENT OBLIGATIONS (continued)
Jordan - 0.1%
The Hashemite Kingdom of Jordan 7.375%, 10/10/2047	$	200,000	$	207,032
Kazakhstan - 0.1%
Republic of Kazakhstan 6.500%, 07/21/2045		200,000		288,948
Macedonia - 0.1%
Republic of North Macedonia
1.625%, 03/10/2028	EUR	105,000		118,514
2.750%, 01/18/2025		150,000		181,867
				300,381
Malaysia - 0.3%
Government of Malaysia 3.899%, 11/16/2027	MYR	2,680,000		665,155
Mexico - 1.9%
Government of Mexico
2.125%, 10/25/2051	EUR	720,000		690,145
3.625%, 04/09/2029		550,000		743,887
4.000%, 11/15/2040	MXN	19,602,733		1,029,942
4.600%, 02/10/2048	$	200,000		205,962
5.625%, 03/19/2114	GBP	100,000		148,078
5.750%, 10/12/2110	$	280,000		318,520
7.500%, 06/03/2027	MXN	16,859,300		829,746
				3,966,280
Morocco - 0.5%
Kingdom of Morocco
2.000%, 09/30/2030	EUR	310,000		350,127
4.000%, 12/15/2050	$	400,000		364,487
5.500%, 12/11/2042		240,000		270,080
				984,694
New Zealand - 2.6%
Government of New Zealand
1.500%, 05/15/2031	NZD	690,000		455,171
2.750%, 05/15/2051		2,000,000		1,367,081
Government of New Zealand, Inflation Linked Bond
2.740%, 09/20/2040		1,390,000		1,344,668
2.769%, 09/20/2035		1,025,000		996,412
3.375%, 09/20/2030		1,280,000		1,246,942
				5,410,274
Nigeria - 0.1%
Federal Republic of Nigeria 7.375%, 09/28/2033 (C)	$	200,000		201,600
Norway - 2.2%
Kingdom of Norway
1.375%, 08/19/2030 (C)	NOK	20,150,000		2,269,664
1.750%, 09/06/2029 (C)		21,131,000		2,453,478
				4,723,142
Panama - 0.9%
Republic of Panama 4.500%, 04/16/2050 to 04/01/2056	$	1,760,000		1,914,948
Peru - 0.3%
Republic of Peru
1.250%, 03/11/2033	EUR	145,000		161,881
3.750%, 03/01/2030		155,000		212,731
6.950%, 08/12/2031	PEN	730,000		183,039
				557,651
Philippines - 0.1%
Republic of the Philippines 3.700%, 02/02/2042	$	200,000		211,548

Opportunistic Fixed Income Trust (continued)

		Shares or Principal Amount	Value
FOREIGN GOVERNMENT OBLIGATIONS (continued)
Poland - 0.4%
Republic of Poland
2.000%, 03/08/2049	EUR	75,000	$	107,329
2.500%, 07/25/2026	PLN	2,870,000		758,734
				866,063
Romania - 1.2%
Republic of Romania
2.625%, 12/02/2040 (C)	EUR	540,000		583,021
2.750%, 04/14/2041 (C)		170,000		182,892
2.875%, 04/13/2042 (C)		475,000		514,310
3.875%, 10/29/2035		520,000		675,740
4.625%, 04/03/2049		205,000		277,859
4.750%, 02/24/2025	RON	1,080,000		262,124
				2,495,946
Russia - 3.0%
Government of Russia
6.900%, 05/23/2029	RUB	240,040,000		3,254,780
7.050%, 01/19/2028		82,055,000		1,121,921
7.650%, 04/10/2030		84,090,000		1,192,188
8.150%, 02/03/2027		47,860,000		686,731
				6,255,620
Saudi Arabia - 0.3%
Kingdom of Saudi Arabia 2.250%, 02/02/2033 (C)	$	667,000		648,497
Senegal - 0.1%
Republic of Senegal 5.375%, 06/08/2037	EUR	250,000		285,643
Serbia - 0.2%
Republic of Serbia 1.650%, 03/03/2033		315,000		346,813
South Africa - 0.5%
Republic of South Africa
5.000%, 10/12/2046	$	400,000		354,254
7.000%, 02/28/2031	ZAR	12,510,000		698,342
				1,052,596
South Korea - 7.6%
Republic of Korea
1.375%, 12/10/2029 to 06/10/2030	KRW	12,813,320,000		10,142,459
2.000%, 06/10/2031		2,516,740,000		2,080,974
Republic of Korea, Inflation Linked Bond
1.125%, 06/10/2030		2,842,666,997		2,466,795
1.750%, 06/10/2028		1,477,112,153		1,340,140
				16,030,368
Thailand - 0.4%
Kingdom of Thailand 2.875%, 12/17/2028	THB	23,780,000		766,963
Turkey - 0.2%
Republic of Turkey
6.500%, 09/20/2033	$	370,000		354,861
8.000%, 03/12/2025	TRY	1,690,000		143,240
				498,101
Uruguay - 0.0%
Republic of Uruguay 8.500%, 03/15/2028	UYU	670,000		16,289
TOTAL FOREIGN GOVERNMENT OBLIGATIONS (Cost $101,962,112)			$	95,897,660
CORPORATE BONDS - 15.6%
Brazil - 0.3%
Globo Comunicacao e Participacoes SA 4.875%, 01/22/2030	$	200,000		198,100

 

165

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Opportunistic Fixed Income Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Brazil (continued)
Petrobras Global Finance BV 6.850%, 06/05/2115	$	335,000	$	345,549
				543,649
Canada - 0.2%
goeasy, Ltd. 4.375%, 05/01/2026 (C)		40,000		41,100
Nutrien, Ltd. 2.950%, 05/13/2030		39,000		41,170
Rogers Communications, Inc. 4.350%, 05/01/2049		210,000		239,051
				321,321
Cayman Islands - 0.0%
Spirit Loyalty Cayman, Ltd. 8.000%, 09/20/2025 (C)		62,400		69,982
Chile - 0.1%
Empresa de los Ferrocarriles del Estado 3.830%, 09/14/2061 (C)		245,000		240,237
China - 0.3%
Meituan 3.050%, 10/28/2030		200,000		185,463
Times China Holdings, Ltd. 5.750%, 01/14/2027		200,000		176,942
Yuzhou Group Holdings Company, Ltd.
6.350%, 01/13/2027		200,000		128,237
7.375%, 01/13/2026		200,000		131,905
				622,547
Finland - 0.5%
Nokia OYJ 6.625%, 05/15/2039		825,013		1,126,125
France - 0.4%
BNP Paribas SA (2.159% to 9-15-28, then SOFR + 1.218%) 09/15/2029 (C)		200,000		198,107
BNP Paribas SA (7.195% to 6-25-37, then 3 month LIBOR + 1.290%) 06/25/2037 (C)(E)(F)		200,000		210,000
Faurecia SE 2.375%, 06/15/2029	EUR	155,000		181,382
Loxam SAS 3.750%, 07/15/2026		145,000		171,545
				761,034
Germany - 0.1%
Vonovia SE 1.500%, 06/14/2041		200,000		228,758
Indonesia - 0.1%
Perusahaan Perseroan Persero PT 1.875%, 11/05/2031		105,000		118,373
Ireland - 0.1%
AerCap Ireland Capital DAC 4.625%, 10/15/2027	$	150,000		167,249
Aptiv PLC 4.250%, 01/15/2026		15,000		16,709
Endo DAC 9.500%, 07/31/2027 (C)		72,000		72,160
				256,118
Japan - 0.2%
Rakuten Group, Inc. (5.125% to 4-22-26, then 5 Year CMT + 4.578% to 4-22-46, then 5 Year CMT + 5.078%) 04/22/2026 (C)(E)		200,000		202,600

Opportunistic Fixed Income Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Japan (continued)
Rakuten Group, Inc. (6.250% to 4-22-31, then 5 Year CMT + 4.956% to 4-22-51, then 5 Year CMT + 5.706%) 04/22/2031 (C)(E)	$	200,000	$	211,500
				414,100
Kazakhstan - 0.1%
KazMunayGas National Company JSC 6.375%, 10/24/2048		200,000		256,952
Luxembourg - 0.2%
Codere Finance 2 Luxembourg SA (4.500% Cash and 6.250% PIK) 10.750%, 11/01/2023	EUR	525,938		404,159
Mexico - 0.3%
Comision Federal de Electricidad 5.750%, 02/14/2042	$	400,000		436,504
Petroleos Mexicanos 6.350%, 02/12/2048		140,000		118,295
				554,799
Netherlands - 0.1%
Shell International Finance BV 0.875%, 11/08/2039	EUR	115,000		123,579
Trivium Packaging Finance BV 3.750%, 08/15/2026		140,000		165,788
				289,367
Norway - 0.0%
Equinor ASA 3.000%, 04/06/2027	$	47,000		50,621
Saudi Arabia - 0.2%
Saudi Arabian Oil Company 3.500%, 11/24/2070		400,000		376,686
United Arab Emirates - 0.1%
Abu Dhabi Crude Oil Pipeline LLC 4.600%, 11/02/2047		200,000		235,780
United Kingdom - 0.1%
AstraZeneca PLC 4.375%, 08/17/2048		26,000		33,002
British Airways 2021-1 Class A Pass Through Trust 2.900%, 03/15/2035 (C)		200,000		200,800
				233,802
United States - 12.2%
Acrisure LLC 6.000%, 08/01/2029 (C)		63,000		62,201
Activision Blizzard, Inc. 2.500%, 09/15/2050		270,000		233,782
Adams Homes, Inc. 7.500%, 02/15/2025 (C)		10,000		10,425
Alliant Holdings Intermediate LLC 6.750%, 10/15/2027 (C)		61,000		63,135
Altria Group, Inc. 4.400%, 02/14/2026		26,000		29,202
American Airlines, Inc. 5.750%, 04/20/2029 (C)		75,000		80,813
American Axle & Manufacturing, Inc. 5.000%, 10/01/2029		185,000		180,042
American International Group, Inc. 3.875%, 01/15/2035		42,000		47,455
American University 3.672%, 04/01/2049		5,000		5,632
AmWINS Group, Inc. 4.875%, 06/30/2029 (C)		70,000		70,984
Anheuser-Busch InBev Worldwide, Inc.
4.600%, 04/15/2048		22,000		26,264

 

166

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Opportunistic Fixed Income Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
United States (continued)
Anheuser-Busch InBev Worldwide, Inc. (continued)
4.900%, 02/01/2046	$	17,000	$	20,897
Antero Midstream Partners LP
5.375%, 06/15/2029 (C)		62,000		63,860
5.750%, 03/01/2027 (C)		30,000		30,992
Antero Resources Corp.
5.375%, 03/01/2030 (C)		60,000		63,189
8.375%, 07/15/2026 (C)		36,000		40,778
Anthem, Inc.
2.250%, 05/15/2030		59,000		59,205
3.700%, 09/15/2049		15,000		16,478
Aon PLC 3.875%, 12/15/2025		40,000		44,158
Apple, Inc.
1.200%, 02/08/2028		47,000		46,045
2.650%, 05/11/2050		22,000		21,151
APX Group, Inc. 5.750%, 07/15/2029 (C)		41,000		40,469
Aramark Services, Inc. 6.375%, 05/01/2025 (C)		170,000		178,713
Arches Buyer, Inc. 6.125%, 12/01/2028 (C)		140,000		142,685
Arizona Public Service Company 3.350%, 05/15/2050		115,000		119,928
AT&T, Inc.
2.300%, 06/01/2027		32,000		33,119
3.500%, 06/01/2041 to 09/15/2053		72,000		72,074
Bank of America Corp. (2.087% to 6-14-28, then SOFR + 1.060%) 06/14/2029		44,000		43,929
Bank of America Corp. (2.676% to 6-19-40, then SOFR + 1.930%) 06/19/2041		60,000		57,925
Bank of America Corp. (3.093% to 10-1-24, then 3 month LIBOR + 1.090%) 10/01/2025		27,000		28,700
Bank of America Corp. (4.443% to 1-20-47, then 3 month LIBOR + 1.990%) 01/20/2048		27,000		33,327
BAT Capital Corp.
3.222%, 08/15/2024		47,000		49,825
4.390%, 08/15/2037		39,000		41,887
4.906%, 04/02/2030		46,000		52,670
Bath & Body Works, Inc. 7.500%, 06/15/2029		102,000		116,328
Bausch Health Companies, Inc.
4.875%, 06/01/2028 (C)		40,000		41,450
5.250%, 01/30/2030 (C)		185,000		172,513
Baxter International, Inc. 3.500%, 08/15/2046		110,000		117,866
BCPE Ulysses Intermediate, Inc. (7.750% Cash or 8.500% PIK) 7.750%, 04/01/2027 (C)		59,000		58,558
Belo Corp. 7.250%, 09/15/2027		98,000		113,925
Berkshire Hathaway Energy Company 2.850%, 05/15/2051		26,000		24,850
Black Knight InfoServ LLC 3.625%, 09/01/2028 (C)		675,000		678,375
Blue Racer Midstream LLC 7.625%, 12/15/2025 (C)		10,000		10,813

Opportunistic Fixed Income Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
United States (continued)
Bon Secours Mercy Health, Inc. 2.095%, 06/01/2031	$	23,000	$	22,884
Boston Scientific Corp. 4.700%, 03/01/2049		15,000		19,164
Boyd Gaming Corp. 8.625%, 06/01/2025 (C)		145,000		157,144
BP Capital Markets America, Inc. 2.772%, 11/10/2050		32,000		29,525
Brandywine Operating Partnership LP 4.550%, 10/01/2029		22,000		24,576
Brighthouse Financial, Inc. 5.625%, 05/15/2030		24,000		28,972
Brixmor Operating Partnership LP 3.900%, 03/15/2027		32,000		35,109
Broadcom Corp. 3.875%, 01/15/2027		74,000		81,320
Broadcom, Inc.
3.500%, 02/15/2041 (C)		240,000		237,140
4.300%, 11/15/2032		170,000		190,508
Builders FirstSource, Inc. 5.000%, 03/01/2030 (C)		403,000		429,449
Caesars Entertainment, Inc. 8.125%, 07/01/2027 (C)		125,000		140,528
Carnival Corp.
7.625%, 03/01/2026 (C)		290,000		309,575
11.500%, 04/01/2023 (C)		21,000		23,441
Carrier Global Corp. 3.577%, 04/05/2050		24,000		25,499
CCO Holdings LLC 5.375%, 06/01/2029 (C)		108,000		116,640
CenterPoint Energy Houston Electric LLC 2.350%, 04/01/2031		47,000		47,923
Charter Communications Operating LLC 3.700%, 04/01/2051		40,000		38,945
Cimarex Energy Company 4.375%, 06/01/2024		32,000		34,506
Citigroup, Inc. 5.300%, 05/06/2044		12,000		15,971
Citigroup, Inc. (3.106% to 4-8-25, then SOFR + 2.842%) 04/08/2026		69,000		73,261
Citigroup, Inc. (4.412% to 3-31-30, then SOFR + 3.914%) 03/31/2031		22,000		25,402
Citigroup, Inc. (4.700% to 1-30-25, then SOFR + 3.234%) 01/30/2025 (E)		380,000		388,550
Cleco Corporate Holdings LLC 4.973%, 05/01/2046		4,000		4,885
Comcast Corp.
2.800%, 01/15/2051		12,000		11,358
3.750%, 04/01/2040		42,000		47,188
CommonSpirit Health
2.782%, 10/01/2030		30,000		30,893
3.817%, 10/01/2049		115,000		127,843
Commonwealth Edison Company 3.125%, 03/15/2051		25,000		25,764
Community Health Network, Inc. 3.099%, 05/01/2050		220,000		218,229
Community Health Systems, Inc.
4.750%, 02/15/2031 (C)		25,000		25,156
6.000%, 01/15/2029 (C)		50,000		53,000

 

167

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Opportunistic Fixed Income Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
United States (continued)
Compass Group Diversified Holdings LLC 5.250%, 04/15/2029 (C)	$	75,000	$	78,469
Conagra Brands, Inc. 5.400%, 11/01/2048		27,000		35,850
Consolidated Communications, Inc. 6.500%, 10/01/2028 (C)		109,000		118,401
CP Atlas Buyer, Inc. 7.000%, 12/01/2028 (C)		30,000		30,075
Credit Acceptance Corp. 6.625%, 03/15/2026		160,000		167,200
CVS Health Corp.
4.780%, 03/25/2038		20,000		24,523
5.050%, 03/25/2048		22,000		28,318
Dave & Buster's, Inc. 7.625%, 11/01/2025 (C)		45,000		48,148
Deutsche Bank AG (2.222% to 9-18-23, then SOFR + 2.159%) 09/18/2024		150,000		153,749
Diamondback Energy, Inc. 4.750%, 05/31/2025		30,000		33,511
Discovery Communications LLC 5.000%, 09/20/2037		22,000		26,402
DISH DBS Corp. 5.125%, 06/01/2029		61,000		59,767
Dollar General Corp. 4.125%, 05/01/2028		47,000		53,337
Dominion Energy South Carolina, Inc.
5.300%, 05/15/2033		12,000		15,417
6.625%, 02/01/2032		12,000		16,486
Duke Energy Corp. 3.300%, 06/15/2041		27,000		27,427
Eagle Materials, Inc. 2.500%, 07/01/2031		36,000		35,774
Embarq Corp. 7.995%, 06/01/2036		85,000		91,153
Enact Holdings, Inc. 6.500%, 08/15/2025 (C)		100,000		109,177
Energy Transfer LP
4.200%, 04/15/2027		15,000		16,587
4.750%, 01/15/2026		22,000		24,588
5.000%, 05/15/2050		10,000		11,537
EnLink Midstream LLC 5.625%, 01/15/2028 (C)		114,000		121,380
Everest Reinsurance Holdings, Inc. 3.125%, 10/15/2052		125,000		121,859
Evergy Metro, Inc.
3.650%, 08/15/2025		47,000		50,999
4.200%, 03/15/2048		10,000		11,978
Exelon Corp.
4.050%, 04/15/2030		29,000		32,867
4.450%, 04/15/2046		5,000		6,039
FirstCash, Inc. 4.625%, 09/01/2028 (C)		616,000		639,100
Flex Acquisition Company, Inc. 7.875%, 07/15/2026 (C)		100,000		104,500
Flex, Ltd. 4.875%, 05/12/2030		130,000		150,794
FMC Corp. 4.500%, 10/01/2049		100,000		118,028
Freedom Mortgage Corp.
6.625%, 01/15/2027 (C)		185,000		179,913
7.625%, 05/01/2026 (C)		70,000		71,317
8.125%, 11/15/2024 (C)		199,000		201,736

Opportunistic Fixed Income Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
United States (continued)
Frontier Communications Holdings LLC
5.875%, 10/15/2027 (C)	$	75,000	$	79,688
6.750%, 05/01/2029 (C)		160,000		168,600
General Electric Company 6.750%, 03/15/2032		17,000		23,254
General Motors Financial Company, Inc.
2.400%, 04/10/2028		47,000		47,410
4.350%, 01/17/2027		34,000		38,117
Genworth Holdings, Inc.
4.800%, 02/15/2024		125,000		127,500
6.500%, 06/15/2034		65,000		67,600
Gilead Sciences, Inc. 2.800%, 10/01/2050		37,000		34,880
Global Payments, Inc. 4.150%, 08/15/2049		115,000		129,103
Gray Oak Pipeline LLC
2.600%, 10/15/2025 (C)		48,000		49,204
3.450%, 10/15/2027 (C)		285,000		300,412
GTCR AP Finance, Inc. 8.000%, 05/15/2027 (C)		50,000		52,750
GYP Holdings III Corp. 4.625%, 05/01/2029 (C)		90,000		91,013
Hawaiian Brand Intellectual Property, Ltd. 5.750%, 01/20/2026 (C)		119,171		124,683
Healthpeak Properties, Inc. 3.500%, 07/15/2029		42,000		45,959
Hess Corp. 5.800%, 04/01/2047		22,000		28,651
Hewlett Packard Enterprise Company 6.350%, 10/15/2045		32,000		42,966
Hightower Holding LLC 6.750%, 04/15/2029 (C)		120,000		123,000
Home Point Capital, Inc. 5.000%, 02/01/2026 (C)		798,000		723,403
HP, Inc. 6.000%, 09/15/2041		45,000		58,097
HUB International, Ltd. 7.000%, 05/01/2026 (C)		84,000		86,835
Huntsman International LLC 4.500%, 05/01/2029		22,000		24,931
Intercontinental Exchange, Inc. 2.650%, 09/15/2040		36,000		34,431
International Flavors & Fragrances, Inc. 2.300%, 11/01/2030 (C)		39,000		38,667
JPMorgan Chase & Co. 5.500%, 10/15/2040		27,000		36,968
JPMorgan Chase & Co. (2.301% to 10-15-24, then SOFR + 1.160%) 10/15/2025		64,000		66,382
JPMorgan Chase & Co. (3.109% to 4-22-50, then SOFR + 2.440%) 04/22/2051		15,000		15,237
JPMorgan Chase & Co. (3.882% to 7-24-37, then 3 month LIBOR + 1.360%) 07/24/2038		27,000		31,078
JPMorgan Chase & Co. (4.600% to 2-1-25, then SOFR + 3.125%) 02/01/2025 (E)		480,000		490,800
Kaiser Foundation Hospitals 2.810%, 06/01/2041		10,000		10,118
Kraft Heinz Foods Company 4.250%, 03/01/2031		30,000		33,916

 

168

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Opportunistic Fixed Income Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
United States (continued)
L3Harris Technologies, Inc. 3.850%, 06/15/2023	$	47,000	$	49,519
Ladder Capital Finance Holdings LLLP
4.250%, 02/01/2027 (C)		51,000		50,490
5.250%, 10/01/2025 (C)		130,000		131,615
LBM Acquisition LLC 6.250%, 01/15/2029 (C)		254,000		253,873
LD Holdings Group LLC
6.125%, 04/01/2028 (C)		95,000		89,538
6.500%, 11/01/2025 (C)		140,000		139,650
Lear Corp. 3.800%, 09/15/2027		17,000		18,797
Lennar Corp. 4.750%, 11/29/2027		155,000		179,599
LFS Topco LLC 5.875%, 10/15/2026 (C)		50,000		51,500
LGI Homes, Inc. 4.000%, 07/15/2029 (C)		126,000		125,685
Liberty Mutual Group, Inc. 4.300%, 02/01/2061 (C)		235,000		223,250
M/I Homes, Inc. 3.950%, 02/15/2030 (C)		95,000		95,238
Macy's Retail Holdings LLC 5.875%, 04/01/2029 (C)		10,000		10,880
MajorDrive Holdings IV LLC 6.375%, 06/01/2029 (C)		190,000		183,628
Marvell Technology, Inc. 2.950%, 04/15/2031 (C)		95,000		97,650
Matador Resources Company 5.875%, 09/15/2026		147,000		151,954
Microsoft Corp. 3.450%, 08/08/2036		27,000		30,897
MidAmerican Energy Company 3.150%, 04/15/2050		24,000		25,120
Midcap Financial Issuer Trust
5.625%, 01/15/2030 (C)		375,000		371,250
6.500%, 05/01/2028 (C)		60,000		62,674
Molson Coors Beverage Company 4.200%, 07/15/2046		42,000		46,482
Morgan Stanley
3.950%, 04/23/2027		12,000		13,345
4.875%, 11/01/2022		12,000		12,571
Morgan Stanley (0.790% to 5-30-24, then SOFR + 0.525%) 05/30/2025		22,000		21,932
Morgan Stanley (3.622% to 4-1-30, then SOFR + 3.120%) 04/01/2031		42,000		46,291
Mozart Debt Merger Sub, Inc. 5.250%, 10/01/2029 (C)		20,000		20,000
MSCI, Inc. 3.875%, 02/15/2031 (C)		170,000		178,288
National Retail Properties, Inc. 4.300%, 10/15/2028		32,000		36,158
Nationstar Mortgage Holdings, Inc. 5.125%, 12/15/2030 (C)		35,000		35,077
NMI Holdings, Inc. 7.375%, 06/01/2025 (C)		35,000		39,949
Nordstrom, Inc.
2.300%, 04/08/2024		35,000		35,002
4.250%, 08/01/2031		115,000		116,467
Northern States Power Company 2.600%, 06/01/2051		27,000		25,601
Novant Health, Inc. 2.637%, 11/01/2036		15,000		15,168

Opportunistic Fixed Income Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
United States (continued)
Novelis Corp. 4.750%, 01/30/2030 (C)	$	110,000	$	115,797
Occidental Petroleum Corp.
3.000%, 02/15/2027		70,000		69,946
4.400%, 08/15/2049		75,000		73,594
6.450%, 09/15/2036		50,000		62,906
Oglethorpe Power Corp.
3.750%, 08/01/2050		4,000		4,251
5.250%, 09/01/2050		4,000		5,031
Oncor Electric Delivery Company LLC 2.750%, 05/15/2030		52,000		55,144
OneMain Finance Corp. 6.625%, 01/15/2028		50,000		57,500
Oracle Corp.
3.600%, 04/01/2050		27,000		27,032
4.100%, 03/25/2061		105,000		111,786
Pacific Gas & Electric Company 4.950%, 07/01/2050		20,000		21,277
Par Pharmaceutical, Inc. 7.500%, 04/01/2027 (C)		36,000		36,675
PDC Energy, Inc. 5.750%, 05/15/2026		460,000		478,975
PennyMac Financial Services, Inc. 4.250%, 02/15/2029 (C)		615,000		585,526
Penske Truck Leasing Company LP 4.250%, 01/17/2023 (C)		37,000		38,726
Philip Morris International, Inc. 1.450%, 08/01/2039	EUR	110,000		120,235
Phillips 66 Partners LP 4.900%, 10/01/2046	$	44,000		52,231
Plains All American Pipeline LP 3.800%, 09/15/2030		59,000		62,988
Post Holdings, Inc.
4.625%, 04/15/2030 (C)		170,000		171,314
5.625%, 01/15/2028 (C)		112,000		117,667
Presidio Holdings, Inc. 8.250%, 02/01/2028 (C)		275,000		295,969
Range Resources Corp. 8.250%, 01/15/2029 (C)		5,000		5,625
Reynolds American, Inc.
4.850%, 09/15/2023		22,000		23,810
5.850%, 08/15/2045		580,000		695,917
Rockcliff Energy II LLC 5.500%, 10/15/2029 (C)		55,000		55,825
Royal Caribbean Cruises, Ltd. 5.500%, 08/31/2026 (C)		290,000		298,103
Royalty Pharma PLC
3.300%, 09/02/2040		36,000		35,887
3.550%, 09/02/2050		120,000		117,880
salesforce.com, Inc. 2.700%, 07/15/2041		32,000		31,905
San Diego Gas & Electric Company 3.320%, 04/15/2050		22,000		23,255
Santander Holdings USA, Inc. 3.450%, 06/02/2025		37,000		39,618
Scripps Escrow II, Inc. 5.375%, 01/15/2031 (C)		65,000		63,905
Signal Parent, Inc. 6.125%, 04/01/2029 (C)		167,000		159,485
SM Energy Company 6.500%, 07/15/2028		65,000		67,296
Specialty Building Products Holdings LLC 6.375%, 09/30/2026 (C)		75,000		78,750

 

169

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Opportunistic Fixed Income Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
United States (continued)
Spirit AeroSystems, Inc. 5.500%, 01/15/2025 (C)	$	25,000	$	26,438
SRM Escrow Issuer LLC 6.000%, 11/01/2028 (C)		120,000		127,050
SRS Distribution, Inc. 6.125%, 07/01/2029 (C)		75,000		77,250
Staples, Inc.
7.500%, 04/15/2026 (C)		90,000		91,280
10.750%, 04/15/2027 (C)		95,000		92,506
Stevens Holding Company, Inc. 6.125%, 10/01/2026 (C)		155,000		167,206
STL Holding Company LLC 7.500%, 02/15/2026 (C)		100,000		105,500
Sutter Health 4.091%, 08/15/2048		105,000		124,834
Sysco Corp. 6.600%, 04/01/2040 to 04/01/2050		153,000		224,977
Targa Resources Partners LP 5.375%, 02/01/2027		55,000		56,991
Teledyne Technologies, Inc. 2.750%, 04/01/2031		47,000		48,081
Terex Corp. 5.000%, 05/15/2029 (C)		188,000		194,815
The Boeing Company 5.805%, 05/01/2050		17,000		22,661
The Brooklyn Union Gas Company 4.273%, 03/15/2048 (C)		105,000		118,569
The Dun & Bradstreet Corp. 10.250%, 02/15/2027 (C)		90,000		96,750
The Home Depot, Inc. 2.375%, 03/15/2051		37,000		33,404
The Michaels Companies, Inc. 7.875%, 05/01/2029 (C)		119,000		123,668
The Southern Company 3.700%, 04/30/2030		15,000		16,470
The Southern Company (3.750% to 9-15-26, then 5 Year CMT + 2.915%) 09/15/2051		45,000		45,846
The Toledo Hospital 5.750%, 11/15/2038		100,000		119,677
The University of Chicago 2.761%, 04/01/2045		25,000		25,488
The William Carter Company 5.625%, 03/15/2027 (C)		393,000		407,403
The Williams Companies, Inc. 3.500%, 11/15/2030		44,000		47,800
T-Mobile USA, Inc.
3.750%, 04/15/2027		32,000		35,254
4.500%, 04/15/2050		21,000		24,481
TopBuild Corp. 3.625%, 03/15/2029 (C)		90,000		90,675
TransDigm, Inc. 6.250%, 03/15/2026 (C)		170,000		177,225
United Natural Foods, Inc. 6.750%, 10/15/2028 (C)		113,000		122,323
United States Steel Corp. 6.875%, 03/01/2029		195,000		207,912
United Wholesale Mortgage LLC 5.500%, 11/15/2025 to 04/15/2029 (C)		723,000		706,099
UnitedHealth Group, Inc. 3.750%, 10/15/2047		27,000		30,831
Unum Group 4.000%, 03/15/2024		36,000		38,582
VEREIT Operating Partnership LP 3.400%, 01/15/2028		10,000		10,811

Opportunistic Fixed Income Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
United States (continued)
Verizon Communications, Inc.
2.100%, 03/22/2028	$	37,000	$	37,558
3.400%, 03/22/2041		22,000		22,976
4.000%, 03/22/2050		10,000		11,365
4.016%, 12/03/2029		69,000		78,185
ViacomCBS, Inc. 5.250%, 04/01/2044		22,000		27,701
Victoria's Secret & Company 4.625%, 07/15/2029 (C)		126,000		128,422
Victors Merger Corp. 6.375%, 05/15/2029 (C)		275,000		263,313
Viper Energy Partners LP 5.375%, 11/01/2027 (C)		640,000		667,200
Wabtec Corp. 3.200%, 06/15/2025		80,000		84,890
Wells Fargo & Company (5.875% to 6-15-25, then 3 month LIBOR + 3.990%) 06/15/2025 (E)		239,000		266,368
Xcel Energy, Inc. 3.400%, 06/01/2030		29,000		31,604
Yum! Brands, Inc. 7.750%, 04/01/2025 (C)		70,000		74,846
Zoetis, Inc. 3.000%, 05/15/2050		27,000		27,192
				25,536,470
TOTAL CORPORATE BONDS (Cost $32,027,366)			$	32,640,880
CONVERTIBLE BONDS - 2.3%
Canada - 0.1%
IMAX Corp., 0.500%, 04/01/2026 (C)		340,000		332,114
China - 0.2%
NIO, Inc., 0.500%, 02/01/2027 (C)		485,000		394,814
Israel - 0.0%
SolarEdge Technologies, Inc., Zero Coupon, 0.000%, 09/15/2025		20,000		24,810
Italy - 0.1%
Nexi SpA, 1.750%, 04/24/2027	EUR	100,000		133,529
Singapore - 0.0%
Sea, Ltd., 0.250%, 09/15/2026	$	20,000		20,240
United Kingdom - 0.2%
Endeavour Mining Corp., 3.000%, 02/15/2023 (C)		400,000		463,720
United States - 1.7%
Airbnb, Inc., 0.391%, 03/15/2026 (C)(G)		105,000		103,163
Apellis Pharmaceuticals, Inc., 3.500%, 09/15/2026		60,000		73,575
Bandwidth, Inc., 0.250%, 03/01/2026		25,000		29,937
Bandwidth, Inc., 0.500%, 04/01/2028 (C)		90,000		76,815
Bloomin' Brands, Inc., 5.000%, 05/01/2025		8,000		18,068
Cracker Barrel Old Country Store, Inc., 0.625%, 06/15/2026 (C)		320,000		322,600
DraftKings, Inc., 1.962%, 03/15/2028 (C)(G)		125,000		110,063
Etsy, Inc., 0.125%, 10/01/2026		12,000		29,082
FTI Consulting, Inc., 2.000%, 08/15/2023		25,000		34,975
Itron, Inc., 1.285%, 03/15/2026 (C)(G)		95,000		89,673
JetBlue Airways Corp., 0.500%, 04/01/2026 (C)		20,000		19,597
John Bean Technologies Corp., 0.250%, 05/15/2026 (C)		40,000		42,300

 

170

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Opportunistic Fixed Income Trust (continued)

		Shares or Principal Amount	Value
CONVERTIBLE BONDS (continued)
United States (continued)
Lumentum Holdings, Inc., 0.500%, 12/15/2026	$	95,000	$	104,343
MicroStrategy, Inc., 5.775%, 02/15/2027 (C)(G)		290,000		213,493
NuVasive, Inc., 0.375%, 03/15/2025		170,000		163,731
Pebblebrook Hotel Trust, 1.750%, 12/15/2026		324,000		361,746
Pegasystems, Inc., 0.750%, 03/01/2025		80,000		89,908
Penn National Gaming, Inc., 2.750%, 05/15/2026		8,000		25,528
Pioneer Natural Resources Company, 0.250%, 05/15/2025		65,000		104,910
Redfin Corp., 0.500%, 04/01/2027 (C)		100,000		89,440
RingCentral, Inc., 1.483%, 03/15/2026 (G)		95,000		88,884
Royal Caribbean Cruises, Ltd., 4.250%, 06/15/2023		130,000		182,650
Southwest Airlines Company, 1.250%, 05/01/2025		17,000		25,394
Splunk, Inc., 1.125%, 06/15/2027		125,000		122,578
Spotify USA, Inc., 2.334%, 03/15/2026 (C)(G)		90,000		81,090
Square, Inc., 0.125%, 03/01/2025		15,000		30,411
Sunnova Energy International, Inc., 0.250%, 12/01/2026 (C)		75,000		85,425
The Middleby Corp., 1.000%, 09/01/2025		101,000		144,077
Twitter, Inc., 1.659%, 03/15/2026 (C)(G)		100,000		92,834
Uber Technologies, Inc., 0.652%, 12/15/2025 (C)(G)		490,000		476,589
Workday, Inc., 0.250%, 10/01/2022		55,000		94,154
				3,527,033
TOTAL CONVERTIBLE BONDS (Cost $4,783,850)			$	4,896,260
MUNICIPAL BONDS - 3.3%
United States - 3.3%
Chicago Transit Authority (Illinois) 3.912%, 12/01/2040		60,000		67,618
Chicago Transit Authority (Illinois) 3.502%, 12/01/2033		435,000		479,112
Chicago Transit Authority, Series A (Illinois) 6.899%, 12/01/2040		55,000		77,767
City & County of Denver Company Airport System Revenue (Colorado) 2.717%, 11/15/2034		105,000		107,778
City & County of Denver Company Airport System Revenue (Colorado) 2.867%, 11/15/2037		75,000		75,772
City of Austin Airport System Revenue (Texas) 5.000%, 11/15/2032		100,000		126,973
City of Austin Airport System Revenue (Texas) 5.000%, 11/15/2044		240,000		296,171
City of Houston Airport System Revenue (Texas) 2.385%, 07/01/2031		240,000		244,683
City of Tampa (Florida) 2.883%, 09/01/2036 (G)		100,000		65,031
Commonwealth of Massachusetts, GO 2.514%, 07/01/2041		625,000		625,896
County of Broward Port Facilities Revenue (Florida) 5.000%, 09/01/2033		70,000		88,873

Opportunistic Fixed Income Trust (continued)

		Shares or Principal Amount	Value
MUNICIPAL BONDS (continued)
United States (continued)
County of Broward Port Facilities Revenue (Florida) 5.000%, 09/01/2029	$	100,000	$	129,313
County of Broward Port Facilities Revenue (Florida) 5.000%, 09/01/2028		150,000		189,453
County of Miami-Dade Aviation Revenue (Florida) 2.786%, 10/01/2037		200,000		198,830
County of Miami-Dade Aviation Revenue (Florida) 4.000%, 10/01/2036		115,000		135,933
County of Miami-Dade Aviation Revenue (Florida) 3.270%, 10/01/2041		50,000		51,442
Dallas Fort Worth International Airport (Texas) 3.089%, 11/01/2040		130,000		133,700
District of Columbia 3.432%, 04/01/2042		405,000		426,692
Grand Parkway Transportation Corp. (Texas) 3.236%, 10/01/2052		190,000		196,362
Greater Orlando Aviation Authority (Florida) 5.000%, 10/01/2028		50,000		58,600
Greater Orlando Aviation Authority (Florida) 5.000%, 10/01/2028		100,000		116,251
Iowa Finance Authority 3.250%, 07/01/2050		50,000		54,522
Metropolitan Transportation Authority (New York) 5.000%, 11/15/2050		110,000		131,661
Metropolitan Transportation Authority (New York) 6.668%, 11/15/2039		15,000		21,511
Metropolitan Transportation Authority (New York) 5.000%, 11/15/2029		100,000		125,654
New Jersey Transportation Trust Fund Authority 4.000%, 06/15/2045		50,000		57,393
New York City Transitional Finance Authority 4.000%, 05/01/2045		75,000		86,513
Orange County Convention Center (Florida) 5.000%, 10/01/2031		55,000		63,860
Port Authority of New York & New Jersey 4.000%, 03/15/2030		230,000		271,014
Port Authority of New York & New Jersey 5.000%, 09/15/2033		140,000		170,772
Port Authority of New York & New Jersey 4.823%, 06/01/2045		140,000		155,036
Port Authority of New York & New Jersey 1.086%, 07/01/2023		25,000		25,322
Port of Seattle (Washington) 5.000%, 04/01/2039		190,000		232,051
Port of Seattle (Washington) 5.000%, 10/01/2031		100,000		117,572

 

171

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Opportunistic Fixed Income Trust (continued)

		Shares or Principal Amount	Value
MUNICIPAL BONDS (continued)
United States (continued)
San Diego County Regional Transportation Commission (California) 3.248%, 04/01/2048	$	75,000	$	77,984
San Francisco City & County Airport Commission (California) 5.000%, 05/01/2050		325,000		392,871
San Francisco City & County Airport Commission (California) 4.000%, 05/01/2039		160,000		184,341
San Francisco City & County Airport Commission (California) 2.958%, 05/01/2051		155,000		151,352
State of Hawaii Airports System Revenue 4.000%, 07/01/2035		100,000		117,237
State of Hawaii Airports System Revenue 5.000%, 07/01/2034		295,000		373,872
Triborough Bridge & Tunnel Authority (New York) 5.000%, 11/15/2054		140,000		176,523
University of California 1.316%, 05/15/2027		45,000		45,015
Wisconsin Center District 4.173%, 12/15/2050		65,000		71,177
TOTAL MUNICIPAL BONDS (Cost $6,726,873)			$	6,995,503
TERM LOANS (H) - 8.8%
France - 0.1%
CAB SELAS, 2021 EUR Term Loan B (6 month EURIBOR + 3.500%), 3.500%, 01/28/2028	EUR	140,000		161,290
Germany - 0.0%
Birkenstock US BidCo, Inc., USD Term Loan B (3 month LIBOR + 3.750%), 4.250%, 04/27/2028	$	99,750		99,543
Israel - 0.0%
Playtika Holding Corp., 2021 Term Loan (1 month LIBOR + 2.750%), 2.834%, 03/13/2028		99,500		99,420
Luxembourg - 0.2%
Delta 2 Lux Sarl, 2018 USD Term Loan (1 month LIBOR + 2.500%), 3.500%, 02/01/2024		200,000		199,250
Jazz Financing Lux Sarl, USD Term Loan (1 month LIBOR + 3.500%), 4.000%, 05/05/2028		104,738		104,856
Sunshine Luxembourg VII Sarl, 2021 Term Loan B3 (3 month LIBOR + 3.750%), 4.500%, 10/01/2026		99,249		99,497
				403,603
Netherlands - 0.3%
Boels Topholding BV, 2020 EUR Term Loan B (3 month EURIBOR + 3.750%), 3.750%, 02/06/2027	EUR	155,000		178,952
Diamond BC BV, 2021 Term Loan B, TBD 09/14/2028 (I)	$	225,000		225,155
Telenet Financing USD LLC, 2020 USD Term Loan AR (1 month LIBOR + 2.000%), 2.084%, 04/30/2028		200,000		197,584
				601,691

Opportunistic Fixed Income Trust (continued)

		Shares or Principal Amount	Value
TERM LOANS (H) (continued)
Sweden - 0.2%
Verisure Holding AB, 2020 EUR Term Loan B (3 month EURIBOR + 3.250%), 3.250%, 07/20/2026	EUR	155,000	$	178,542
Verisure Holding AB, 2021 EUR Term Loan (3 month EURIBOR + 3.250%), 3.250%, 03/27/2028		185,000		212,915
				391,457
United Kingdom - 0.1%
Lorca Finco PLC, EUR New Money Term Loan B2 (6 month EURIBOR + 4.250%), 4.250%, 09/17/2027		180,000		208,643
United States - 7.9%
AAdvantage Loyalty IP, Ltd., 2021 Term Loan (3 month LIBOR + 4.750%), 5.500%, 04/20/2028	$	100,000		103,347
Acrisure LLC, 2020 Term Loan B (3 month LIBOR + 3.500%), 3.632%, 02/15/2027		246,250		243,736
Adient U.S. LLC, 2021 Term Loan B (1 month LIBOR + 3.500%), 3.584%, 04/08/2028		99,750		99,708
ADMI Corp., 2021 Incremental Term Loan B3 (1 month LIBOR + 3.500%), 4.000%, 12/23/2027		100,000		99,875
ADMI Corp., 2021 Term Loan B2 (1 month LIBOR + 3.125%), 3.625%, 12/23/2027		99,500		98,629
AlixPartners LLP, 2021 USD Term Loan B (1 month LIBOR + 2.750%), 3.250%, 02/04/2028		159,200		158,713
Alliance Laundry Systems LLC, Term Loan B (3 month LIBOR + 3.500%), 4.250%, 10/08/2027		122,723		122,832
Altra Industrial Motion Corp., 2018 Term Loan B (1 month LIBOR + 2.000%), 2.085%, 10/01/2025		76,858		76,359
Amentum Government Services Holdings LLC, Term Loan B (1 month LIBOR + 3.500%), 3.584%, 01/29/2027		98,750		98,503
APX Group, Inc., 2021 Term Loan B (1 month LIBOR + 3.500%), 4.000%, 07/10/2028		100,000		99,656
Aramark Services, Inc., 2018 Term Loan B3 (1 month LIBOR + 1.750%), 1.834%, 03/11/2025		125,000		122,135
Aretec Group, Inc., 2018 Term Loan (1 month LIBOR + 4.250%), 4.334%, 10/01/2025		196,465		195,728
Artera Services LLC, Incremental Term Loan, TBD 03/06/2025 (I)		99,750		99,189
Asurion LLC, 2020 Term Loan B8 (1 month LIBOR + 3.250%), 3.334%, 12/23/2026		147,456		145,191
Asurion LLC, 2021 2nd Lien Term Loan B3 (1 month LIBOR + 5.250%), 5.334%, 01/31/2028		145,000		144,487
Avantor Funding, Inc., 2021 Term Loan B5 (1 month LIBOR + 2.250%), 2.750%, 11/08/2027		179,100		179,324
Bausch Health Americas, Inc., 2018 Term Loan B (1 month LIBOR + 3.000%), 3.084%, 06/02/2025		93,656		93,515

 

172

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Opportunistic Fixed Income Trust (continued)

		Shares or Principal Amount	Value
TERM LOANS (H) (continued)
United States (continued)
Beacon Roofing Supply, Inc., 2021 Term Loan B (1 month LIBOR + 2.250%), 2.334%, 05/19/2028	$	197,449	$	196,234
Belron Finance US LLC, 2019 USD Term Loan B3 (3 month LIBOR + 2.250%), 2.438%, 10/30/2026		196,993		195,700
Berlin Packaging LLC, 2021 First Lien Term Loan B (1 and 3 month LIBOR + 3.750%), 4.250%, 03/11/2028		170,000		169,752
Blackhawk Network Holdings, Inc., 2018 1st Lien Term Loan (1 month LIBOR + 3.000%), 3.084%, 06/15/2025		173,210		171,756
Boyd Gaming Corp., Term Loan B3 (1 week LIBOR + 2.250%), 2.322%, 09/15/2023		195,085		194,781
Brightview Landscapes LLC, 2018 1st Lien Term Loan B (1 month LIBOR + 2.500%), 2.585%, 08/15/2025		98,473		97,858
Caesars Resort Collection LLC, 2020 Term Loan B1 (3 month LIBOR + 3.500%), 3.583%, 07/21/2025		168,300		168,361
CCC Intelligent Solutions, Inc., Term Loan B (3 month LIBOR + 2.500%), 3.000%, 09/21/2028		100,000		99,875
Change Healthcare Holdings LLC, 2017 Term Loan B (1 and 3 month LIBOR + 2.500%), 3.500%, 03/01/2024		179,391		179,175
Charter Communications Operating LLC, 2019 Term Loan B2 (1 month LIBOR + 1.750%), 1.840%, 02/01/2027		147,739		146,774
Clarios Global LP, 2021 USD Term Loan B (1 month LIBOR + 3.250%), 3.337%, 04/30/2026		169,891		169,042
Core & Main LP, 2021 Term Loan B (1 month LIBOR + 2.500%), 2.586%, 07/27/2028		246,803		245,569
Dcert Buyer, Inc., 2019 Term Loan B (1 month LIBOR + 4.000%), 4.084%, 10/16/2026		197,000		196,945
Deerfield Dakota Holding LLC, 2020 EUR Term Loan B (1 month EURIBOR + 4.000%), 4.000%, 04/09/2027	EUR	296,250		343,696
Deerfield Dakota Holding LLC, 2020 USD Term Loan B (1 month LIBOR + 3.750%), 4.750%, 04/09/2027	$	696,188		697,601
DT Midstream, Inc., Term Loan B (3 and 6 month LIBOR + 2.000%), 2.500%, 06/26/2028		129,675		129,574
E2open LLC, 2020 Term Loan B, TBD 02/04/2028 (I)		114,713		114,641
EG America LLC, 2021 Term Loan (3 month LIBOR + 4.250%), 4.750%, 03/31/2026		99,835		99,735
Elanco Animal Health, Inc., Term Loan B (1 month LIBOR + 1.750%), 1.836%, 08/02/2027		289,770		286,043
Element Solutions, Inc., 2019 Term Loan B1 (1 month LIBOR + 2.000%), 2.084%, 01/31/2026		196,985		196,617
Endurance International Group Holdings, Inc., Term Loan (6 month LIBOR + 3.500%), 4.250%, 02/10/2028		99,750		99,127

Opportunistic Fixed Income Trust (continued)

		Shares or Principal Amount	Value
TERM LOANS (H) (continued)
United States (continued)
Ensemble RCM LLC, Term Loan (3 month LIBOR + 3.750%), 3.879%, 08/03/2026	$	99,241	$	99,400
Epicor Software Corp., 2020 Term Loan (1 month LIBOR + 3.250%), 4.000%, 07/30/2027		134,717		134,656
First Student Bidco, Inc., Term Loan B (2 month LIBOR + 3.000%), 3.500%, 07/21/2028		83,995		83,491
First Student Bidco, Inc., Term Loan C (3 month LIBOR + 3.000%), 3.500%, 07/21/2028		31,005		30,819
Flex Acquisition Company, Inc., 2021 Term Loan (3 month LIBOR + 3.500%), 4.000%, 02/23/2028		99,750		99,515
Frontier Communications Holdings LLC, 2021 DIP Term Loan B (3 month LIBOR + 3.750%), 4.500%, 05/01/2028		99,750		99,532
Gainwell Acquisition Corp., Term Loan B (3 month LIBOR + 4.000%), 4.750%, 10/01/2027		114,138		114,304
Go Daddy Operating Company LLC, 2021 Term Loan B4 (1 month LIBOR + 2.000%), 2.084%, 08/10/2027		133,313		132,479
Gray Television, Inc., 2018 Term Loan C (1 month LIBOR + 2.500%), 2.586%, 01/02/2026		250,000		249,000
Great Outdoors Group LLC, 2021 Term Loan B (3 month LIBOR + 4.250%), 5.000%, 03/06/2028		277,900		278,734
Harbor Freight Tools USA, Inc., 2021 Term Loan B (1 month LIBOR + 2.750%), 3.250%, 10/19/2027		131,991		131,851
Hayward Industries, Inc., 2021 Term Loan (1 month LIBOR + 2.500%), 3.000%, 05/12/2028		124,688		124,298
Heartland Dental LLC, 2021 Incremental Term Loan (1 month LIBOR + 4.000%), 4.085%, 04/30/2025		119,700		119,341
Horizon Therapeutics USA, Inc., 2021 Term Loan B (1 month LIBOR + 2.000%), 2.500%, 03/15/2028		114,425		114,160
HUB International, Ltd., 2018 Term Loan B (3 month LIBOR + 2.750%), 2.875%, 04/25/2025		245,558		243,078
HUB International, Ltd., 2021 Term Loan B (3 month LIBOR + 3.250%), 4.000%, 04/25/2025		197,008		197,008
Hyland Software, Inc., 2018 1st Lien Term Loan (1 month LIBOR + 3.500%), 4.250%, 07/01/2024		163,316		163,401
IRB Holding Corp., 2020 4th Amendment Incremental Term Loan (3 month LIBOR + 3.250%), 4.250%, 12/15/2027		99,250		99,374
LBM Acquisition LLC, 2021 Incremental Term Loan B2 (3 month LIBOR + 3.750%), 4.500%, 12/17/2027		66,667		66,000
LBM Acquisition LLC, Incremental Delayed Draw Term Loan B2, TBD 12/17/2027 (I)		33,333		33,000
LBM Acquisition LLC, Term Loan B (3 month LIBOR + 3.750%), 4.500%, 12/17/2027		104,773		103,726

 

173

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Opportunistic Fixed Income Trust (continued)

		Shares or Principal Amount	Value
TERM LOANS (H) (continued)
United States (continued)
MajorDrive Holdings IV LLC, Term Loan B (3 month LIBOR + 4.000%), 4.500%, 05/12/2028	$	99,750	$	99,906
MPH Acquisition Holdings LLC, 2021 Term Loan B (3 month LIBOR + 4.250%), 4.750%, 08/17/2028		225,000		222,386
MTN Infrastructure TopCo, Inc., 1st Lien Term Loan B (1 month LIBOR + 3.000%), 4.000%, 11/15/2024		222,061		221,413
NEP Group, Inc., 2018 1st Lien Term Loan (1 month LIBOR + 3.250%), 3.337%, 10/20/2025		246,203		236,559
NFP Corp., 2020 Term Loan (1 month LIBOR + 3.250%), 3.334%, 02/15/2027		222,619		220,155
Nouryon USA LLC, 2018 USD Term Loan B (1 month LIBOR + 2.750%), 2.832%, 10/01/2025		103,125		102,378
Organon & Company, USD Term Loan (3 month LIBOR + 3.000%), 3.500%, 06/02/2028		124,688		124,888
Packaging Coordinators Midco, Inc., 2020 1st Lien Term Loan (3 month LIBOR + 3.500%), 4.250%, 11/30/2027		99,500		99,563
PAI Holdco, Inc., 2020 Term Loan B (3 month LIBOR + 3.500%), 4.250%, 10/28/2027		99,750		99,792
Pathway Vet Alliance LLC, 2021 Term Loan (1 month LIBOR + 3.750%), 3.835%, 03/31/2027		123,179		122,845
Penn National Gaming, Inc., 2018 1st Lien Term Loan B (1 month LIBOR + 2.250%), 3.000%, 10/15/2025		110,205		109,991
Peraton Corp., Term Loan B (1 month LIBOR + 3.750%), 4.500%, 02/01/2028		109,450		109,468
Phoenix Newco, Inc., 2021 1st Lien Term Loan, TBD 08/11/2028 (I)		120,000		120,019
PPD, Inc., Initial Term Loan (1 month LIBOR + 2.000%), 2.500%, 01/13/2028		174,125		173,763
ProAmpac PG Borrower LLC, 2020 Term Loan (3 month LIBOR + 4.000%), 4.500%, 11/03/2025		109,725		109,862
Proofpoint, Inc., 1st Lien Term Loan (3 month LIBOR + 3.250%), 3.750%, 08/31/2028		100,000		99,450
Quikrete Holdings, Inc., 2016 1st Lien Term Loan (1 month LIBOR + 2.500%), 2.585%, 02/01/2027		196,500		194,739
RealPage, Inc., 1st Lien Term Loan (1 month LIBOR + 3.250%), 3.750%, 04/24/2028		200,000		199,312
Savage Enterprises LLC, 2021 Term Loan B, TBD 09/15/2028 (I)		135,000		134,810
Scientific Games International, Inc., 2018 Term Loan B5 (1 month LIBOR + 2.750%), 2.834%, 08/14/2024		197,949		196,985
Sedgwick Claims Management Services, Inc., 2018 Term Loan B (1 month LIBOR + 3.250%), 3.334%, 12/31/2025		196,465		194,838

Opportunistic Fixed Income Trust (continued)

		Shares or Principal Amount	Value
TERM LOANS (H) (continued)
United States (continued)
Sedgwick Claims Management Services, Inc., 2019 Term Loan B (1 month LIBOR + 3.750%), 3.834%, 09/03/2026	$	99,239	$	98,929
Shutterfly LLC, 2021 Term Loan (3 month LIBOR + 5.000%), 5.750%, 09/25/2026		100,000		100,025
Signal Parent, Inc., Term Loan B (1 month LIBOR + 3.500%), 4.250%, 04/03/2028		199,500		197,006
SkyMiles IP, Ltd., 2020 SkyMiles Term Loan B (3 month LIBOR + 3.750%), 4.750%, 10/20/2027		100,000		106,294
Solera LLC, USD Term Loan B (6 month LIBOR + 4.000%), 4.500%, 06/02/2028		120,000		120,226
SRS Distribution, Inc., 2021 Term Loan B (3 month LIBOR + 3.750%), 4.250%, 06/02/2028		155,000		154,935
SS&C Technologies, Inc., 2018 Term Loan B3 (1 month LIBOR + 1.750%), 1.834%, 04/16/2025		108,237		107,061
SS&C Technologies, Inc., 2018 Term Loan B4 (1 month LIBOR + 1.750%), 1.834%, 04/16/2025		81,962		81,071
Standard Industries, Inc., 2021 Term Loan B, TBD 09/22/2028 (I)		125,000		125,068
Surgery Center Holdings, Inc., 2021 Term Loan (1 month LIBOR + 3.750%), 4.500%, 08/31/2026		197,974		198,166
Tecta America Corp., 2021 Term Loan (1 month LIBOR + 4.250%), 5.000%, 04/01/2028		129,675		129,837
The Dun & Bradstreet Corp., Term Loan (1 month LIBOR + 3.250%), 3.336%, 02/06/2026		345,700		345,268
The Hertz Corp., 2021 Term Loan B, TBD 06/30/2028 (I)		83,932		83,945
The Hertz Corp., 2021 Term Loan C, TBD 06/30/2028 (I)		15,858		15,860
The Michaels Companies, Inc., 2021 Term Loan B (3 month LIBOR + 4.250%), 5.000%, 04/15/2028		129,675		129,733
TK Elevator U.S. Newco, Inc., Term Loan B (3 month LIBOR + 3.500%), 4.000%, 07/29/2027		277,905		278,292
TransDigm, Inc., 2020 Term Loan E (1 month LIBOR + 2.250%), 2.334%, 05/30/2025		196,500		194,024
TricorBraun Holdings, Inc., 2021 Delayed Draw Term Loan (1 month LIBOR + 3.250%), 3.750%, 03/03/2028		6,258		6,220
TricorBraun Holdings, Inc., 2021 Term Loan (1 month LIBOR + 3.250%), 3.750%, 03/03/2028		81,433		80,935
Tronox Finance LLC, 2021 Term Loan B (1 and 3 month LIBOR + 2.250%), 2.366%, 03/13/2028		137,008		136,384
UFC Holdings LLC, 2021 Term Loan B (6 month LIBOR + 2.750%), 3.500%, 04/29/2026		183,059		182,550
UKG, Inc., 2021 Incremental Term Loan (3 month LIBOR + 3.250%), 4.000%, 05/04/2026		108,902		109,047

 

174

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Opportunistic Fixed Income Trust (continued)

		Shares or Principal Amount	Value
TERM LOANS (H) (continued)
United States (continued)
UKG, Inc., Term Loan B (1 month LIBOR + 3.750%), 3.834%, 05/04/2026	$	147,739	$	147,949
United Airlines, Inc., 2021 Term Loan B (3 month LIBOR + 3.750%), 4.500%, 04/21/2028		99,500		100,111
UPC Financing Partnership, 2021 USD Term Loan AX (1 month LIBOR + 3.000%), 3.084%, 01/31/2029		180,000		179,363
US Foods, Inc., 2016 Term Loan B (1 month LIBOR + 1.750%), 1.834%, 06/27/2023		168,548		167,494
USI, Inc., 2017 Repriced Term Loan (3 month LIBOR + 3.000%), 3.132%, 05/16/2024		123,077		122,176
Virgin Media Bristol LLC, 2020 USD Term Loan Q (1 month LIBOR + 3.250%), 3.334%, 01/31/2029		145,000		144,959
Weber-Stephen Products LLC, Term Loan B (1 and 6 month LIBOR + 3.250%), 4.000%, 10/30/2027		81,642		81,785
White Cap Buyer LLC, Term Loan B (1 month LIBOR + 4.000%), 4.500%, 10/19/2027		133,988		134,292
WW International, Inc., 2021 Term Loan B (1 month LIBOR + 3.500%), 4.000%, 04/13/2028		99,750		99,563
Zelis Payments Buyer, Inc., 2021 Term Loan (1 month LIBOR + 3.500%), 3.586%, 09/30/2026		148,875		148,198
				16,596,838
TOTAL TERM LOANS (Cost $18,227,436)			$	18,562,485
COLLATERALIZED MORTGAGE OBLIGATIONS - 8.3%
Commercial and residential - 5.1%
ACRE Commercial Mortgage, Ltd., Series 2021-FL4, Class B (1 month LIBOR + 1.400%), 1.489%, 12/18/2037 (C)(J)		100,000		99,522
Angel Oak Mortgage Trust, Series 2020-3, Class M1, 3.809%, 04/25/2065 (C)(K)		180,000		183,681
ANTLR Mortgage Trust, Series 2021-RTL1, Class A1, 2.115%, 11/25/2024 (C)(K)		125,000		125,674
BANK
Series 2021-BN32, Class XA IO, 0.785%, 04/15/2054		999,134		58,720
Series 2021-BN35, Class XA IO, 1.160%, 06/15/2064		1,329,519		108,012
BBCMS Mortgage Trust, Series 2017-DELC, Class A (1 month LIBOR + 0.850%), 0.943%, 08/15/2036 (C)(J)		100,000		99,998
Benchmark Mortgage Trust
Series 2019-B10, Class XA IO, 1.227%, 03/15/2062		566,212		41,183
Series 2020-B22, Class XA IO, 1.522%, 01/15/2054		204,706		24,132
BPR Trust, Series 2021-TY, Class A (1 month LIBOR + 1.050%), 1.150%, 09/25/2038 (C)(J)		115,000		115,287
BRAVO Residential Funding Trust, Series 2021-A, Class A1, 1.991%, 04/25/2031 (C)		148,017		148,039

Opportunistic Fixed Income Trust (continued)

		Shares or Principal Amount	Value
COLLATERALIZED MORTGAGE OBLIGATIONS (continued)
Commercial and residential (continued)
BX Commercial Mortgage Trust
Series 2018-IND, Class A (1 month LIBOR + 0.750%), 0.843%, 11/15/2035 (C)(J)	$	38,806	$	38,830
Series 2018-IND, Class C (1 month LIBOR + 1.100%), 1.193%, 11/15/2035 (C)(J)		137,500		137,583
Series 2019-XL, Class A (1 month LIBOR + 0.920%), 1.013%, 10/15/2036 (C)(J)		243,009		243,479
Series 2019-XL, Class C (1 month LIBOR + 1.250%), 1.343%, 10/15/2036 (C)(J)		243,009		243,162
Series 2020-BXLP, Class G (1 month LIBOR + 2.500%), 2.593%, 12/15/2036 (C)(J)		92,160		92,049
Series 2020-VKNG, Class F (1 month LIBOR + 2.750%), 2.843%, 10/15/2037 (C)(J)		270,000		271,348
BX Trust
Series 2018-GW, Class E (1 month LIBOR + 1.970%), 2.063%, 05/15/2035 (C)(J)		80,000		80,170
Series 2021-MFM1, Class D (1 month LIBOR + 1.500%), 1.593%, 01/15/2034 (C)(J)		55,000		55,069
Series 2021-MFM1, Class E (1 month LIBOR + 2.250%), 2.343%, 01/15/2034 (C)(J)		40,000		40,038
BXHPP Trust, Series 2021-FILM, Class B (1 month LIBOR + 0.900%), 0.996%, 08/15/2036 (C)(J)		65,000		65,058
CFCRE Commercial Mortgage Trust, Series 2011-C2, Class C, 5.776%, 12/15/2047 (C)(K)		275,000		274,741
CIM Trust, Series 2021-R4, Class A1, 2.000%, 05/01/2061 (C)(K)		259,111		259,626
Commercial Mortgage Trust (Cantor Fitzgerald/Deutsche Bank AG)
Series 2013-CR13, Class B, 5.045%, 11/10/2046 (K)		169,000		180,982
Series 2014-CR16, Class AM, 4.278%, 04/10/2047		200,000		214,763
Commercial Mortgage Trust (Deutsche Bank AG)
Series 2020-SBX, Class C, 2.056%, 01/10/2038 (C)(K)		100,000		100,660
Series 2020-SBX, Class D, 2.398%, 01/10/2038 (C)(K)		100,000		100,253
Series 2021-LBA, Class C (1 month LIBOR + 1.200%), 1.293%, 03/15/2038 (C)(J)		280,000		280,174
Credit Suisse Mortgage Trust
Series 2020-NET, Class D, 3.704%, 08/15/2037 (C)(K)		100,000		104,501
Series 2020-RPL5, Class A1, 3.023%, 08/25/2060 (C)(K)		231,748		234,927
Series 2020-RPL6, Class A2, 3.276%, 03/25/2059 (C)(K)		215,000		213,807
Deephaven Residential Mortgage Trust, Series 2021-1, Class A3, 1.128%, 05/25/2065 (C)(K)		72,352		72,231

 

175

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Opportunistic Fixed Income Trust (continued)

		Shares or Principal Amount	Value
COLLATERALIZED MORTGAGE OBLIGATIONS (continued)
Commercial and residential (continued)
FREMF Mortgage Trust
Series 2015-K45, Class C, 3.589%, 04/25/2048 (C)(K)	$	115,000	$	120,285
Series 2015-K49, Class B, 3.721%, 10/25/2048 (C)(K)		250,000		268,600
Series 2016-K55, Class C, 4.163%, 04/25/2049 (C)(K)		50,000		53,553
Series 2017-K63, Class C, 3.872%, 02/25/2050 (C)(K)		189,000		201,026
Series 2018-K75, Class C, 3.975%, 04/25/2051 (C)(K)		120,000		128,839
Series 2018-K78, Class C, 4.128%, 06/25/2051 (C)(K)		182,000		197,269
Series 2019-K99, Class B, 3.646%, 10/25/2052 (C)(K)		180,000		195,486
GS Mortgage Securities Trust
Series 2017-GS6, Class C, 4.322%, 05/10/2050 (K)		25,000		26,960
Series 2019-BOCA, Class A (1 month LIBOR + 1.200%), 1.293%, 06/15/2038 (C)(J)		280,000		280,259
Series 2021-IP, Class B (1 month LIBOR + 1.150%), 1.250%, 10/15/2036 (C)(J)		119,000		119,000
Series 2021-ROSS, Class A (1 month LIBOR + 1.150%), 1.244%, 05/15/2026 (C)(J)		100,000		100,099
JPMorgan Mortgage Trust, Series 2018-3, Class A1, 3.500%, 09/25/2048 (C)(K)		36,699		36,858
KKR Industrial Portfolio Trust
Series 2020-AIP, Class A (1 month LIBOR + 1.037%), 1.130%, 03/15/2037 (C)(J)		241,051		241,203
Series 2021-KDIP, Class D (1 month LIBOR + 1.250%), 1.343%, 12/15/2037 (C)(J)		215,000		214,741
Series 2021-KDIP, Class E (1 month LIBOR + 1.550%), 1.656%, 12/15/2037 (C)(J)		90,000		89,829
Legacy Mortgage Asset Trust, Series 2021-GS2, Class A1, 1.750%, 04/25/2061 (C)		113,676		113,792
LHOME Mortgage Trust, Series 2021-RTL2, Class A1, 2.090%, 06/25/2026 (C)		155,000		155,233
LoanCore Issuer, Ltd., Series 2021-CRE4, Class B (SOFR + 1.364%), 1.409%, 07/15/2035 (C)(J)		100,000		99,813
Merit, Series 2020-HILL, Class B (1 month LIBOR + 1.400%), 1.494%, 08/15/2037 (C)(J)		105,000		105,066
MHC Commercial Mortgage Trust, Series 2021-MHC, Class C (1 month LIBOR + 1.351%), 1.444%, 04/15/2038 (C)(J)		205,000		205,246
Morgan Stanley Bank of America Merrill Lynch Trust, Series 2013-C8, Class C, 4.055%, 12/15/2048 (K)		283,000		287,163

Opportunistic Fixed Income Trust (continued)

		Shares or Principal Amount	Value
COLLATERALIZED MORTGAGE OBLIGATIONS (continued)
Commercial and residential (continued)
Morgan Stanley Capital I Trust
Series 2017-CLS, Class F (1 month LIBOR + 2.600%), 2.693%, 11/15/2034 (C)(J)	$	177,000	$	177,105
Series 2018-SUN, Class B (1 month LIBOR + 1.200%), 1.293%, 07/15/2035 (C)(J)		100,000		99,908
New Residential Mortgage Loan Trust, Series 2015-1A, Class B3, 5.326%, 05/28/2052 (C)(K)		163,394		173,191
NYMT Loan Trust I, Series 2021-BPL1, Class A1, 2.239%, 05/25/2026 (C)		230,000		230,469
OPG Trust, Series 2021-PORT, Class D (1 month LIBOR + 1.131%), 1.231%, 10/15/2036 (C)(J)		60,000		59,502
Pretium Mortgage Credit Partners LLC, Series 2021-RN1, Class A2, 3.598%, 02/25/2061 (C)		185,000		184,556
PRPM LLC
Series 2019-GS1, Class A1, 3.500%, 10/25/2024 (C)(K)		212,380		212,914
Series 2019-GS1, Class A2, 4.750%, 10/25/2024 (C)(K)		74,519		74,801
Series 2020-2, Class A1, 3.671%, 08/25/2025 (C)		162,478		163,519
Series 2020-3, Class A1, 2.857%, 09/25/2025 (C)		126,006		126,259
Series 2021-3, Class A2, 3.720%, 04/25/2026 (C)		110,000		109,819
Series 2021-4, Class A1, 1.867%, 04/25/2026 (C)		147,484		147,279
Series 2021-5, Class A1, 1.793%, 06/25/2026 (C)		135,144		135,269
Series 2021-7, Class A1, 1.867%, 08/25/2026 (C)		170,158		170,155
ReadyCap Commercial Mortgage Trust, Series 2021-FL6, Class AS (1 month LIBOR + 1.200%), 1.300%, 07/25/2036 (C)(J)		105,000		104,967
SFO Commercial Mortgage Trust, Series 2021-555, Class B (1 month LIBOR + 1.500%), 1.593%, 05/15/2038 (C)(J)		70,000		70,175
Starwood Mortgage Residential Trust, Series 2021-2, Class A3, 1.431%, 05/25/2065 (C)(K)		157,339		157,121
STWD Trust, Series 2021-FLWR, Class B (1 month LIBOR + 0.926%), 1.026%, 07/15/2036 (C)(J)		275,000		274,670
Verus Securitization Trust
Series 2020-1, Class A3, 2.724%, 01/25/2060 (C)		128,223		129,588
Series 2020-INV1, Class A3, 3.889%, 03/25/2060 (C)(K)		100,000		103,775
VMC Finance LLC, Series 2021-FL4, Class A (1 month LIBOR + 1.100%), 1.189%, 06/16/2036 (C)(J)		182,956		182,958
Wells Fargo Mortgage Backed Securities Trust, Series 2019-3, Class A1, 3.500%, 07/25/2049 (C)(K)		37,008		37,332

 

176

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Opportunistic Fixed Income Trust (continued)

		Shares or Principal Amount	Value
COLLATERALIZED MORTGAGE OBLIGATIONS (continued)
Commercial and residential (continued)
WF-RBS Commercial Mortgage Trust
Series 2011-C4, Class C, 4.964%, 06/15/2044 (C)(K)	$	162,810	$	162,684
Series 2011-C5, Class C, 5.679%, 11/15/2044 (C)(K)		21,181		21,161
				10,857,196
U.S. Government Agency - 3.2%
Federal Home Loan Mortgage Corp.
Series 2013-DN1, Class M2 (1 month LIBOR + 7.150%), 7.239%, 07/25/2023 (J)		100,776		106,804
Series 2014-DN2, Class M3 (1 month LIBOR + 3.600%), 3.689%, 04/25/2024 (J)		148,032		151,101
Series 2016-DNA2, Class M3 (1 month LIBOR + 4.650%), 4.739%, 10/25/2028 (J)		159,728		165,781
Series 2017-DNA2, Class M1 (1 month LIBOR + 1.200%), 1.289%, 10/25/2029 (J)		100,719		100,752
Series 2017-HQA2, Class M2 (1 month LIBOR + 2.650%), 2.739%, 12/25/2029 (J)		293,258		299,762
Series 2018-DNA1, Class M2 (1 month LIBOR + 1.800%), 1.889%, 07/25/2030 (J)		253,052		255,100
Series 2018-HQA1, Class M2 (1 month LIBOR + 2.300%), 2.389%, 09/25/2030 (J)		61,583		62,363
Series 2020-DNA2, Class M2 (1 month LIBOR + 1.850%), 1.939%, 02/25/2050 (C)(J)		88,585		89,291
Series 2020-DNA5, Class M2 (SOFR + 2.800%), 2.850%, 10/25/2050 (C)(J)		97,963		99,164
Series 2020-DNA6, Class B1 (SOFR + 3.000%), 3.050%, 12/25/2050 (C)(J)		35,000		35,438
Series 2020-DNA6, Class M2 (SOFR + 2.000%), 2.050%, 12/25/2050 (C)(J)		85,000		85,680
Series 2020-HQA2, Class M2 (1 month LIBOR + 3.100%), 3.189%, 03/25/2050 (C)(J)		238,108		241,571
Series 2020-HQA3, Class B1 (1 month LIBOR + 5.750%), 5.839%, 07/25/2050 (C)(J)		195,000		207,307
Series 2021-DNA1, Class M2 (SOFR + 1.800%), 1.850%, 01/25/2051 (C)(J)		120,000		120,376
Series 2021-DNA2, Class M2 (SOFR + 2.300%), 2.350%, 08/25/2033 (C)(J)		155,000		158,794
Series 324, Class C18 IO, 4.000%, 12/15/2033		330,315		46,130
Series 4446, Class BI IO, 6.500%, 04/15/2039		229,592		46,871
Series 4978, Class MI IO, 4.000%, 05/25/2040		246,194		33,766
Series 4993, Class AI IO, 4.000%, 07/25/2040		342,454		51,291
Series K066, Class X1 IO, 0.749%, 06/25/2027		1,247,728		47,647

Opportunistic Fixed Income Trust (continued)

		Shares or Principal Amount	Value
COLLATERALIZED MORTGAGE OBLIGATIONS (continued)
U.S. Government Agency (continued)
Federal Home Loan Mortgage Corp. (continued)
Series K100, Class X3 IO, 1.870%, 11/25/2047	$	275,000	$	35,215
Series K103, Class X1 IO, 0.638%, 11/25/2029		1,023,729		48,457
Series K105, Class X1 IO, 1.523%, 03/25/2053		639,338		70,826
Series K106, Class X1 IO, 1.355%, 01/25/2030		618,666		61,334
Series K106, Class X3 IO, 1.920%, 03/25/2048		490,000		67,316
Series K107, Class X1 IO, 1.591%, 01/25/2030		549,337		63,916
Series K108, Class X1 IO, 1.690%, 03/25/2030		389,923		49,002
Series K110, Class X1 IO, 1.698%, 04/25/2030		99,822		12,341
Series K111, Class X1 IO, 1.572%, 05/25/2030		99,766		11,746
Series K115, Class X3 IO, 2.958%, 09/25/2048		147,298		32,152
Series K116, Class X3 IO, 3.021%, 09/25/2047		223,880		50,455
Series K121, Class X1 IO, 1.124%, 10/25/2030		114,839		9,083
Series K122, Class X1 IO, 0.883%, 11/25/2030		99,890		6,890
Series K123, Class X1 IO, 0.775%, 12/25/2030		409,662		25,233
Series K124, Class X1 IO, 0.721%, 12/25/2030		252,811		14,888
Series K129, Class X3 IO, 3.172%, 05/25/2031		165,000		42,232
Series K737, Class X1 IO, 0.637%, 10/25/2026		495,367		13,816
Series K738, Class X1 IO, 1.515%, 01/25/2027		650,173		45,489
Series K740, Class X3 IO, 2.481%, 11/25/2047		135,000		17,852
Series K742, Class X3, IO, 2.595%, 04/25/2028		100,000		14,989
Series Q014, Class X IO, 2.801%, 10/25/2055		161,140		37,674
Federal National Mortgage Association
Series 2014-68, Class ID IO, 3.500%, 03/25/2034		461,352		30,200
Series 2014-C02, Class 1M2 (1 month LIBOR + 2.600%), 2.689%, 05/25/2024 (J)		57,789		58,488
Series 2014-C04, Class 1M2 (1 month LIBOR + 4.900%), 4.989%, 11/25/2024 (J)		94,737		98,265
Series 2017-C02, Class 2M2 (1 month LIBOR + 3.650%), 3.739%, 09/25/2029 (J)		218,970		226,472
Series 2017-C03, Class 1M2 (1 month LIBOR + 3.000%), 3.089%, 10/25/2029 (J)		238,216		244,824
Series 2017-C04, Class 2M2 (1 month LIBOR + 2.850%), 2.939%, 11/25/2029 (J)		252,331		259,056

 

177

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Opportunistic Fixed Income Trust (continued)

		Shares or Principal Amount	Value
COLLATERALIZED MORTGAGE OBLIGATIONS (continued)
U.S. Government Agency (continued)
Federal National Mortgage Association (continued)
Series 2017-C05, Class 1M2 (1 month LIBOR + 2.200%), 2.289%, 01/25/2030 (J)	$	180,410	$	184,360
Series 2017-C06, Class 2M2 (1 month LIBOR + 2.800%), 2.889%, 02/25/2030 (J)		212,009		216,807
Series 2017-C07, Class 1B1 (1 month LIBOR + 4.000%), 4.089%, 05/25/2030 (J)		293,000		305,598
Series 2018-C02, Class 2B1 (1 month LIBOR + 4.000%), 4.089%, 08/25/2030 (J)		60,000		62,268
Series 2018-C04, Class 2M2 (1 month LIBOR + 2.550%), 2.639%, 12/25/2030 (J)		193,645		197,055
Series 2018-C05, Class 1B1 (1 month LIBOR + 4.250%), 4.339%, 01/25/2031 (J)		230,000		242,051
Series 2018-C05, Class 1M2 (1 month LIBOR + 2.350%), 2.439%, 01/25/2031 (J)		103,827		105,335
Series 2018-R07, Class 1B1 (1 month LIBOR + 4.350%), 4.439%, 04/25/2031 (C)(J)		220,000		228,403
Series 2019-HRP1, Class M2 (1 month LIBOR + 2.150%), 2.239%, 11/25/2039 (C)(J)		179,747		180,625
Series 2019-R03, Class 1B1 (1 month LIBOR + 4.100%), 4.189%, 09/25/2031 (C)(J)		75,000		77,079
Series 2019-R05, Class 1B1 (1 month LIBOR + 4.100%), 4.189%, 07/25/2039 (C)(J)		120,000		121,806
Series 2020-26, Class AI IO, 3.000%, 04/25/2033		471,615		34,811
Series 2020-26, Class IA IO, 3.500%, 11/25/2039		397,801		43,512
Series 2020-27, Class NI IO, 4.500%, 05/25/2050		281,349		49,468
Series 2020-35, Class IC IO, 5.000%, 06/25/2050		283,269		46,437
Series 2020-R02, Class 2B1 (1 month LIBOR + 3.000%), 3.089%, 01/25/2040 (C)(J)		152,000		151,953
Series 407, Class 40 IO, 6.000%, 01/25/2038		253,603		62,352
Series 410, Class C8 IO, 4.000%, 04/25/2032		388,009		42,013
Government National Mortgage Association
Series 2014-2, Class IB IO, 4.000%, 01/16/2040		338,234		43,461
Series 2015-62, Class CI IO, 4.500%, 05/20/2045		190,266		31,871
Series 2017-130, Class IO, 4.500%, 02/20/2040		200,629		33,076
Series 2018-168, Class AI IO, 5.000%, 12/16/2048		294,244		54,497
Series 2018-6, Class LI IO, 5.000%, 07/16/2045		300,864		54,998
Series 2018-72, Class ID IO, 4.500%, 08/20/2045		142,379		22,822

Opportunistic Fixed Income Trust (continued)

		Shares or Principal Amount	Value
COLLATERALIZED MORTGAGE OBLIGATIONS (continued)
U.S. Government Agency (continued)
Government National Mortgage Association (continued)
Series 2020-74, Class IC IO, 3.000%, 05/20/2035	$	604,215	$	39,773
				6,685,631
TOTAL COLLATERALIZED MORTGAGE OBLIGATIONS (Cost $16,880,193)			$	17,542,827
ASSET BACKED SECURITIES - 5.0%
Ajax Mortgage Loan Trust, Series 2021-B, Class A, 2.239%, 06/25/2066 (C)		145,901		145,649
Arbor Realty Commercial Real Estate Notes, Ltd.
Series 2021-FL2, Class AS (1 month LIBOR + 1.400%), 1.493%, 05/15/2036 (C)(J)		100,000		100,031
Series 2021-FL3, Class B (1 month LIBOR + 1.600%), 1.685%, 08/15/2034 (C)(J)		110,000		109,966
Ares CLO, Ltd.
Series 2013-2A, Class CR (3 month LIBOR + 2.400%), 2.532%, 07/28/2029 (C)(J)		250,000		249,999
Series 2013-2A, Class CR2 (3 month LIBOR + 2.000%), 2.120%, 10/28/2034 (C)(J)		250,000		250,000
Avant Loans Funding Trust, Series 2021-REV1, Class A, 1.210%, 07/15/2030 (C)		150,000		150,053
BlueMountain CLO, Ltd.
Series 2012-2A, Class AR2 (3 month LIBOR + 1.050%), 1.205%, 11/20/2028 (C)(J)		171,785		171,810
Series 2018-2A, Class D (3 month LIBOR + 3.150%), 3.275%, 08/15/2031 (C)(J)		250,000		246,152
Bojangles Issuer LLC, Series 2020-1A, Class A2, 3.832%, 10/20/2050 (C)		125,000		129,480
CF Hippolyta LLC, Series 2020-1, Class B1, 2.280%, 07/15/2060 (C)		241,941		245,473
CIFC Funding, Ltd.
Series 2014-2RA, Class A1 (3 month LIBOR + 1.050%), 1.175%, 04/24/2030 (C)(J)		300,000		300,048
Series 2015-3A, Class AR (3 month LIBOR + 0.870%), 1.004%, 04/19/2029 (C)(J)		250,000		250,024
CoreVest American Finance Trust, Series 2020-4, Class B, 1.707%, 12/15/2052 (C)		100,000		98,899
DataBank Issuer, Series 2021-1A, Class A2, 2.060%, 02/27/2051 (C)		170,000		169,657
DB Master Finance LLC, Series 2019-1A, Class A2I, 3.787%, 05/20/2049 (C)		73,500		73,817
Domino's Pizza Master Issuer LLC
Series 2017-1A, Class A23, 4.118%, 07/25/2047 (C)		183,350		196,807
Series 2021-1A, Class A2I, 2.662%, 04/25/2051 (C)		84,788		87,197

 

178

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Opportunistic Fixed Income Trust (continued)

		Shares or Principal Amount	Value
ASSET BACKED SECURITIES (continued)
Dryden Senior Loan Fund, Series 2012-25A, Class DRR (3 month LIBOR + 3.000%), 3.126%, 10/15/2027 (C)(J)	$	250,000	$	249,801
First Investors Auto Owner Trust, Series 2021-2A, Class D, 1.660%, 12/15/2027 (C)		285,000		283,219
FirstKey Homes Trust, Series 2021-SFR2, Class E2, 2.358%, 09/17/2038 (C)		138,000		135,676
Flagship Credit Auto Trust
Series 2021-3, Class C, 1.460%, 09/15/2027 (C)		350,000		349,115
Series 2021-3, Class D, 1.650%, 09/15/2027 (C)		112,000		111,544
FRTKL, Series 2021-SFR1, Class E2, 2.522%, 09/17/2038 (C)		132,000		130,772
Gilbert Park CLO, Ltd., Series 2017-1A, Class B (3 month LIBOR + 1.600%), 1.726%, 10/15/2030 (C)(J)		280,000		280,019
Greystone Commercial Real Estate Notes, Series 2021-FL3, Class B (1 month LIBOR + 1.650%), 1.737%, 07/15/2039 (C)(J)		100,000		99,906
Harriman Park CLO, Ltd., Series 2020-1A, Class DR (3 month LIBOR + 3.100%), 3.234%, 04/20/2034 (C)(J)		250,000		250,035
Hertz Vehicle Financing LLC, Series 2021-1A, Class B, 1.560%, 12/26/2025 (C)		110,000		110,452
HIN Timeshare Trust, Series 2020-A, Class A, 1.390%, 10/09/2039 (C)		35,639		35,895
Home Partners of America Trust, Series 2021-1, Class C, 2.078%, 09/19/2041 (C)		104,605		103,844
KKR CLO, Ltd., Series 2020, Class B (3 month LIBOR + 1.550%), 1.676%, 10/16/2030 (C)(J)		282,000		280,515
LCM XXV, Ltd., Series 25A, Class B2 (3 month LIBOR + 1.650%), 1.784%, 07/20/2030 (C)(J)		250,000		249,574
Madison Park Funding XIX, Ltd., Series 2015-19A, Class A2R2 (3 month LIBOR + 1.500%), 1.638%, 01/22/2028 (C)(J)		250,000		249,313
Magnetite XVIII, Ltd., Series 2016-18A, Class BR (3 month LIBOR + 1.500%), 1.625%, 11/15/2028 (C)(J)		250,000		250,296
MAPS Trust, Series 2021-1A, Class A, 2.521%, 06/15/2046 (C)		245,200		246,489
MF1, Ltd., Series 2020-FL4, Class A (SOFR + 1.815%), 1.859%, 11/15/2035 (C)(J)		100,000		100,625
MFA LLC, Series 2021-NPL1, Class A1, 2.363%, 03/25/2060 (C)		130,001		130,041
Neighborly Issuer LLC, Series 2021-1A, Class A2, 3.584%, 04/30/2051 (C)		84,788		87,353
Neuberger Berman CLO XVII, Ltd., Series 2014-17A, Class CR2 (3 month LIBOR + 2.000%), 2.138%, 04/22/2029 (C)(J)		250,000		250,051

Opportunistic Fixed Income Trust (continued)

		Shares or Principal Amount	Value
ASSET BACKED SECURITIES (continued)
Octagon Investment Partners 41, Ltd., Series 2019-2A, Class D (3 month LIBOR + 3.650%), 3.776%, 04/15/2031 (C)(J)	$	250,000	$	250,000
Pagaya AI Debt Selection Trust, Series 2021-HG1, Class A, 1.220%, 01/16/2029 (C)		99,237		99,312
Palmer Square Loan Funding, Ltd.
Series 2020-1A, Class A1 (3 month LIBOR + 0.800%), 0.955%, 02/20/2028 (C)(J)		146,116		146,124
Series 2021-3A, Class A2 (3 month LIBOR + 1.400%), 1.547%, 07/20/2029 (C)(J)		280,000		280,145
Progress Residential Trust
Series 2021-SFR2, Class D, 2.197%, 04/19/2038 (C)		100,000		99,767
Series 2021-SFR3, Class D, 2.288%, 05/17/2026 (C)		105,000		105,100
Series 2021-SFR5, Class E1, 2.209%, 07/17/2038 (C)		100,000		99,075
Series 2021-SFR6, Class E2, 2.525%, 07/17/2038 (C)		100,000		99,864
Series 2021-SFR8, Class E2, 2.532%, 10/17/2038 (C)		285,000		282,404
Race Point CLO, Ltd., Series 2013-8A, Class DR2 (3 month LIBOR + 3.500%), 3.655%, 02/20/2030 (C)(J)		250,000		249,998
Sonic Capital LLC
Series 2020-1A, Class A2I, 3.845%, 01/20/2050 (C)		197,833		208,147
Series 2021-1A, Class A2I, 2.190%, 08/20/2051 (C)		55,000		55,029
Summit Issuer LLC, Series 2020-1A, Class A2, 2.290%, 12/20/2050 (C)		55,000		54,977
Treman Park CLO, Ltd., Series 2015-1A, Class C3RR (3 month LIBOR + 2.000%), 2.134%, 10/20/2028 (C)(J)		250,000		250,073
VCAT LLC, Series 2021-NPL5, Class A1, 1.868%, 08/25/2061 (C)		174,843		174,737
Vericrest Opportunity Loan Transferee, Series 2021-NP11, Class A1, 1.868%, 08/25/2051 (C)		229,923		229,778
Verus Securitization Trust, Series 2020-NPL1, Class A1, 3.598%, 08/25/2050 (C)		61,322		61,357
VOLT XCIV LLC, Series 2021-NPL3, Class A1, 2.240%, 02/27/2051 (C)		77,781		77,853
VOLT XCVI LLC, Series 2021-NPL5, Class A1, 2.116%, 03/27/2051 (C)		84,773		84,823
VOLT XCVIII LLC, Series 2021-NPL7, Class A1, 2.116%, 04/25/2051 (C)		57,839		57,973

 

179

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Opportunistic Fixed Income Trust (continued)

		Shares or Principal Amount	Value
ASSET BACKED SECURITIES (continued)
Voya CLO, Ltd., Series 2013-3A, Class BRR (3 month LIBOR + 2.250%), 2.384%, 10/18/2031 (C)(J)	$	250,000	$	248,656
Westlake Automobile Receivables Trust, Series 2021-2A, Class D, 1.230%, 12/15/2026 (C)		265,000		264,637
TOTAL ASSET BACKED SECURITIES (Cost $10,340,342)			$	10,439,426
PREFERRED SECURITIES - 0.0%
United States - 0.0%
Becton, Dickinson and Company, 6.000%		1,136		61,321
Fluor Corp., 6.500% (C)		5		4,991
				66,312
TOTAL PREFERRED SECURITIES (Cost $64,958)			$	66,312
EXCHANGE-TRADED FUNDS - 5.1%
iShares JP Morgan USD Emerging Markets Bond ETF		83,900		9,234,034
SPDR Blackstone Senior Loan ETF		15,000		690,300
SPDR Bloomberg Barclays Convertible Securities ETF		7,600		648,660
TOTAL EXCHANGE-TRADED FUNDS (Cost $10,734,246)			$	10,572,994
SHORT-TERM INVESTMENTS - 3.8%
Short-term funds - 3.8%
John Hancock Collateral Trust, 0.0303% (L)(M)		10,893		108,996
State Street Institutional U.S. Government Money Market Fund, Premier Class, 0.0250% (L)		7,905,781		7,905,781
TOTAL SHORT-TERM INVESTMENTS (Cost $8,014,781)			$	8,014,777
Total Investments (Opportunistic Fixed Income Trust) (Cost $224,606,869) - 104.9%			$	220,400,054
Other assets and liabilities, net - (4.9%)				(10,298,448)
TOTAL NET ASSETS - 100.0%			$	210,101,606

Currency Abbreviations
BRL	Brazilian Real
CAD	Canadian Dollar
CLP	Chilean Peso
COP	Colombian Peso
CZK	Czech Republic Koruna
EUR	Euro
GBP	Pound Sterling
HUF	Hungarian Forint
IDR	Indonesian Rupiah
ILS	Israeli New Shekel
ISK	Icelandic Krona
JPY	Japanese Yen
KRW	Korean Won
MXN	Mexican Peso
MYR	Malaysian Ringgit
NOK	Norwegian Krone
NZD	New Zealand Dollar

Opportunistic Fixed Income Trust (continued)

PEN	Peruvian Nuevo Sol
PLN	Polish Zloty
RON	Romanian New Leu
RUB	Russian Ruble
THB	Thai Bhat
TRY	Turkish Lira
UYU	Uruguayan Peso
ZAR	South African Rand
Security Abbreviations and Legend
CMT	Constant Maturity Treasury
CPI	Consumer Price Index
EURIBOR	Euro Interbank Offered Rate
GO	General Obligation
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	Pay-in-Kind Security - Represents a payment-in-kind which may pay interest in additional par and/or cash. Rates shown are the current rate and most recent payment rate.
SOFR	Secured Overnight Financing Rate
TBA	To Be Announced. A forward mortgage-backed securities trade issued by a U.S. Government Agency, to be delivered at an agreed-upon future settlement date.
(A)	All or a portion of this security is segregated at the custodian as collateral for certain derivatives.
(B)	Security purchased or sold on a when-issued or delayed delivery basis.
(C)	These 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. Rule 144A securities amounted to $48,529,660 or 23.1% of the fund's net assets as of 9-30-21.
(D)	Non-income producing security.
(E)	Perpetual bonds have no stated maturity date. Date shown as maturity date is next call date.
(F)	All or a portion of this security is on loan as of 9-30-21. The value of securities on loan amounted to $104,800.
(G)	Zero coupon bonds are issued at a discount from their principal amount in lieu of paying interest periodically. Rate shown is the effective yield at period end.
(H)	Term loans are variable rate obligations. The coupon rate shown represents the rate at period end.
(I)	This position represents an unsettled loan commitment at period end. Certain details associated with this purchase are not known prior to the settlement date, including coupon rate, which is disclosed as TBD (To Be Determined).
(J)	Variable rate obligation. The coupon rate shown represents the rate at period end.
(K)	Variable or floating rate security, the interest rate of which adjusts periodically based on a weighted average of interest rates and prepayments on the underlying pool of assets. The interest rate shown is the current rate as of period end.
(L)	The rate shown is the annualized seven-day yield as of 9-30-21.
(M)	Investment is an affiliate of the fund, the advisor and/or subadvisor. This security represents the investment of cash collateral received for securities lending.
*	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.

 

180

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Opportunistic Fixed Income Trust (continued)

DERIVATIVES

FUTURES

Open contracts	Number of contracts	Position	Expiration date	Notional basis^	Notional value^	Unrealized appreciation (depreciation)
10-Year Australian Treasury Bond Futures	14	Long	Dec 2021	$1,443,881	$1,432,461	$(11,420)
10-Year Canada Government Bond Futures	9	Long	Dec 2021	1,042,269	1,017,172	(25,097)
10-Year U.S. Treasury Note Futures	30	Long	Dec 2021	3,965,477	3,948,281	(17,196)
5-Year U.S. Treasury Note Futures	96	Long	Dec 2021	11,851,845	11,783,250	(68,595)
Euro SCHATZ Futures	1	Long	Dec 2021	130,078	129,973	(105)
U.K. Long Gilt Bond Futures	8	Long	Dec 2021	1,380,340	1,349,017	(31,323)
Ultra U.S. Treasury Bond Futures	10	Long	Dec 2021	1,477,573	1,452,500	(25,073)
Ultra U.S. Treasury Bond Futures	6	Long	Dec 2021	1,185,451	1,146,375	(39,076)
10-Year Mini Japan Government Bond Futures	36	Short	Dec 2021	(4,909,925)	(4,900,490)	9,435
2-Year U.S. Treasury Note Futures	42	Short	Dec 2021	(9,247,115)	(9,242,297)	4,818
Euro-BTP Italian Government Bond Futures	7	Short	Dec 2021	(1,251,912)	(1,232,079)	19,833
Euro-Buxl Futures	15	Short	Dec 2021	(3,640,678)	(3,533,083)	107,595
German Euro BOBL Futures	6	Short	Dec 2021	(942,956)	(937,777)	5,179
German Euro BUND Futures	63	Short	Dec 2021	(12,537,308)	(12,392,792)	144,516
U.S. Treasury Long Bond Futures	111	Short	Dec 2021	(18,110,128)	(17,673,280)	436,848
						$510,339

^ Notional basis refers to the contractual amount agreed upon at inception of open contracts; notional value represents the current value of the open contract.

FORWARD FOREIGN CURRENCY CONTRACTS

Contract to buy		Contract to sell		Counterparty (OTC)	Contractual settlement date	Unrealized appreciation	Unrealized depreciation
AUD	5,065,000	USD	3,675,149	BARC	10/29/2021	—	$(13,033)
BRL	29,709,000	USD	5,520,698	CITI	10/4/2021	—	(65,251)
BRL	29,009,000	USD	5,333,125	GSI	10/4/2021	—	(6,219)
BRL	700,000	USD	134,228	MSI	10/4/2021	—	(5,688)
BRL	2,680,000	USD	499,068	CITI	10/29/2021	—	(8,815)
CAD	2,959,000	USD	2,335,536	BARC	10/29/2021	$546	—
CHF	121,000	USD	130,619	GSI	10/29/2021	—	(706)
CLP	2,557,258,000	USD	3,240,194	SSB	10/29/2021	—	(93,939)
COP	3,606,800,000	USD	936,272	CITI	10/29/2021	9,261	—
EUR	4,261,000	USD	4,946,622	BARC	10/29/2021	—	(8,588)
EUR	1,363,000	USD	1,597,103	CITI	10/29/2021	—	(17,535)
EUR	259,000	USD	303,265	GSI	10/29/2021	—	(3,112)
EUR	229,000	USD	269,183	JPM	10/29/2021	—	(3,797)
GBP	3,400,000	USD	4,657,571	BARC	10/29/2021	—	(76,269)
HUF	951,142,000	USD	3,109,476	MSI	10/29/2021	—	(46,564)
IDR	46,731,000,000	USD	3,259,014	CITI	10/29/2021	—	(4,776)
INR	240,402,000	USD	3,252,566	JPM	10/29/2021	—	(24,916)
JPY	924,411,000	USD	8,348,409	MSI	10/29/2021	—	(41,079)
MXN	64,337,000	USD	3,187,209	CITI	10/29/2021	—	(81,939)
NOK	12,580,000	USD	1,465,895	BARC	10/29/2021	—	(27,089)
NZD	6,071,000	USD	4,258,244	CITI	10/29/2021	—	(67,705)
PLN	12,318,000	USD	3,140,334	BARC	10/29/2021	—	(43,343)
RUB	256,880,000	USD	3,504,287	BOA	10/29/2021	12,451	—
THB	39,960,000	USD	1,189,463	GSI	10/29/2021	—	(8,652)
TRY	12,126,000	USD	1,347,783	MSI	10/27/2021	—	(2,533)
USD	5,463,237	BRL	29,709,000	CITI	10/4/2021	7,790	—
USD	5,503,927	BRL	29,009,000	GSI	10/4/2021	177,021	—
USD	128,691	BRL	700,000	MSI	10/4/2021	150	—
USD	5,367,365	BRL	29,009,000	CITI	11/3/2021	64,771	—
USD	5,398,805	CAD	6,840,000	BARC	10/29/2021	—	(1,263)
USD	3,203,955	CHF	2,968,000	GSI	10/29/2021	17,313	—
USD	2,729,785	CLP	2,154,428,000	SSB	10/29/2021	79,141	—
USD	2,069,641	COP	7,972,877,000	CITI	10/29/2021	—	(20,472)
USD	3,217,900	CZK	69,859,000	BARC	10/29/2021	27,216	—
USD	244,205	EUR	209,000	BARC	10/29/2021	1,997	—
USD	22,860,960	EUR	19,510,000	CITI	10/29/2021	250,996	—
USD	607,828	EUR	524,000	MSI	10/29/2021	569	—
USD	161,645	GBP	118,000	BARC	10/29/2021	2,647	—
USD	4,388,751	ILS	14,055,000	BARC	10/29/2021	28,531	—
USD	9,485,446	JPY	1,050,314,000	MSI	10/29/2021	46,673	—

181

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Opportunistic Fixed Income Trust (continued)
FORWARD FOREIGN CURRENCY CONTRACTS (continued)

Contract to buy		Contract to sell		Counterparty (OTC)	Contractual settlement date	Unrealized appreciation	Unrealized depreciation
USD	15,169,917	KRW	17,867,280,000	JPM	10/29/2021	$89,399	—
USD	1,037,947	MXN	20,952,000	CITI	10/29/2021	26,684	—
USD	8,255,040	NOK	70,843,000	BARC	10/29/2021	152,547	—
USD	5,517,971	NZD	7,867,000	CITI	10/29/2021	87,735	—
USD	5,160,775	RUB	378,308,000	BOA	10/29/2021	—	$(18,337)
USD	3,143,939	SEK	27,247,000	BARC	10/29/2021	31,016	—
USD	3,162,762	SGD	4,282,000	MSI	10/29/2021	9,281	—
USD	4,958,902	ZAR	74,267,000	MSI	10/29/2021	43,497	—
						$1,167,232	$(691,620)

SWAPS

Interest rate swaps
Counterparty (OTC)/ Centrally cleared	Notional amount	Currency	Payments made	Payments received	Fixed payment frequency	Floating payment frequency	Maturity date	Unamortized upfront payment paid (received)	Unrealized appreciation (depreciation)	Value
BOA	26,670,000	CNY	CNY CNREPOFIX Reuters	Fixed 2.340%	Quarterly	Quarterly	Sep 2025	$(3,784)	$(12,643)	$(16,427)
BOA	4,140,000	USD	Fixed 2.535%	USA CPI All Urban Consumers	At Maturity	At Maturity	Jun 2026	—	120,686	120,686
BOA	358,950,000	INR	Fixed 5.340%	INR MIBOR Compounded OIS	Semi-Annual	Semi-Annual	Dec 2026	(5,532)	27,694	22,162
BOA	1,170,000	USD	Fixed 1.635%	USA CPI All Urban Consumers	At Maturity	At Maturity	Feb 2050	—	352,669	352,669
CITI	10,560,000	CNY	CNY CNREPOFIX Reuters	Fixed 2.390%	Quarterly	Quarterly	Jun 2025	—	(1,686)	(1,686)
CITI	41,170,000	CNY	CNY CNREPOFIX Reuters	Fixed 2.340%	Quarterly	Quarterly	Sep 2025	(74,070)	49,579	(24,491)
CITI	27,880,000	CNY	CNY CNREPOFIX Reuters	Fixed 2.340%	Quarterly	Quarterly	Sep 2025	(41,368)	25,082	(16,286)
JPM	17,520,000	CNY	CNY CNREPOFIX Reuters	Fixed 2.635%	Quarterly	Quarterly	Sep 2026	—	17,798	17,798
JPM	2,330,000	USD	Fixed 1.830%	USA CPI All Urban Consumers	At Maturity	At Maturity	Feb 2050	(57,380)	617,291	559,911
JPM	520,000	GBP	UK RPI	Fixed 3.399%	At Maturity	At Maturity	Aug 2051	—	(76,348)	(76,348)
								$(182,134)	$1,120,122	$937,988
Centrally cleared	2,550,000	CAD	CAD CORRA Compounded OIS	Fixed 0.013%	Semi-Annual	Semi-Annual	Sep 2026	—	954	954
Centrally cleared	2,550,000	CAD	CAD CORRA Compounded OIS	Fixed 0.013%	Semi-Annual	Semi-Annual	Sep 2026	—	224	224
Centrally cleared	2,935,000	CAD	CAD BA CDOR	Fixed 1.283%	Semi-Annual	Semi-Annual	Nov 2026	—	(4,178)	(4,178)
Centrally cleared	2,415,000	CAD	CAD BA CDOR	Fixed 1.266%	Semi-Annual	Semi-Annual	Nov 2026	—	(4,966)	(4,966)
Centrally cleared	92,659,200	MXN	MXN TIIE Banxico	Fixed 7.130%	Monthly	Monthly	Jun 2031	31,184	(122,310)	(91,126)
Centrally cleared	84,380,000	MXN	MXN TIIE Banxico	Fixed 6.940%	Monthly	Monthly	Sep 2031	(1,508)	(146,991)	(148,499)
Centrally cleared	4,480,000	USD	USD SOFR Compounded OIS	Fixed 1.500%	Annual	Annual	Dec 2031	(1,146)	(52,812)	(53,958)
Centrally cleared	560,000	GBP	Fixed 0.590%	GBP SONIA Compounded OIS	Annual	Annual	Dec 2051	1,554	75,730	77,284
Centrally cleared	720,000	GBP	Fixed 0.840%	GBP SONIA Compounded OIS	Annual	Annual	Sep 2071	(28,018)	18,847	(9,171)
								$2,066	$(235,502)	$(233,436)
								$(180,068)	$884,620	$704,552

Credit default swaps - Buyer
Counterparty (OTC)/ Centrally cleared	Reference obligation	Notional amount	Currency	USD notional amount	Pay fixed rate	Fixed payment frequency	Maturity date	Unamortized upfront payment paid (received)	Unrealized appreciation (depreciation)	Value
BARC	Government of Malaysia	1,900,000	USD	$1,900,000	1.000%	Quarterly	Dec 2025	$(34,301)	$(17,496)	$(51,797)
BARC	Republic of Indonesia	730,000	USD	730,000	1.000%	Quarterly	Jun 2026	(8,938)	(1,906)	(10,844)
BARC	Republic of Indonesia	725,000	USD	725,000	1.000%	Quarterly	Jun 2026	(8,811)	(1,958)	(10,769)
BARC	Republic of Indonesia	500,000	USD	500,000	1.000%	Quarterly	Jun 2026	(7,602)	175	(7,427)
BOA	Russian Federation	365,000	USD	365,000	1.000%	Quarterly	Jun 2026	(2,352)	(2,077)	(4,429)
CITI	Government of Malaysia	330,000	USD	330,000	1.000%	Quarterly	Dec 2025	(5,839)	(3,157)	(8,996)
CITI	Republic of Peru	345,000	USD	345,000	1.000%	Quarterly	Dec 2025	(5,597)	2,583	(3,014)
GSI	People's Republic of China	3,880,000	USD	3,880,000	1.000%	Quarterly	Dec 2024	(70,714)	(30,468)	(101,182)

182

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Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Opportunistic Fixed Income Trust (continued)

Credit default swaps - Buyer (continued)
Counterparty (OTC)/ Centrally cleared	Reference obligation	Notional amount	Currency	USD notional amount	Pay fixed rate	Fixed payment frequency	Maturity date	Unamortized upfront payment paid (received)	Unrealized appreciation (depreciation)	Value
GSI	Republic of South Africa	775,000	USD	$775,000	1.000%	Quarterly	Jun 2026	$33,388	$(2,562)	$30,826
GSI	Republic of Turkey	785,000	USD	785,000	1.000%	Quarterly	Jun 2026	92,659	10,386	103,045
GSI	Russian Federation	735,000	USD	735,000	1.000%	Quarterly	Jun 2026	(4,737)	(4,182)	(8,919)
GSI	Russian Federation	725,000	USD	725,000	1.000%	Quarterly	Jun 2026	(4,067)	(4,731)	(8,798)
GSI	Russian Federation	720,000	USD	720,000	1.000%	Quarterly	Jun 2026	(4,478)	(4,259)	(8,737)
GSI	Russian Federation	365,000	USD	365,000	1.000%	Quarterly	Jun 2026	(2,858)	(1,571)	(4,429)
GSI	United Mexican States	740,000	USD	740,000	1.000%	Quarterly	Jun 2026	(1,863)	(3,192)	(5,055)
GSI	United Mexican States	725,000	USD	725,000	1.000%	Quarterly	Jun 2026	(1,827)	(3,151)	(4,978)
GSI	CMBX.NA.AAA.12	1,380,000	USD	1,380,000	0.500%	Monthly	Aug 2061	(11,422)	3,166	(8,256)
GSI	CMBX.NA.AAA.12	1,380,000	USD	1,380,000	0.500%	Monthly	Aug 2061	(11,902)	3,646	(8,256)
GSI	CMBX.NA.AAA.13	1,300,000	USD	1,300,000	0.500%	Monthly	Dec 2072	(2,109)	(997)	(3,106)
GSI	CMBX.NA.AAA.13	1,400,000	USD	1,400,000	0.500%	Monthly	Dec 2072	(5,660)	2,316	(3,344)
GSI	CMBX.NA.AAA.13	1,405,000	USD	1,405,000	0.500%	Monthly	Dec 2072	(6,738)	3,382	(3,356)
JPM	Republic of Korea	9,630,000	USD	9,630,000	1.000%	Quarterly	Dec 2024	(212,804)	(85,575)	(298,379)
JPM	Russian Federation	1,105,000	USD	1,105,000	1.000%	Quarterly	Jun 2026	(7,104)	(6,305)	(13,409)
JPM	United Mexican States	760,000	USD	760,000	1.000%	Quarterly	Jun 2026	(2,737)	(2,455)	(5,192)
MSI	Government of Japan	9,570,000	USD	9,570,000	1.000%	Quarterly	Dec 2024	(225,248)	(81,715)	(306,963)
MSI	Government of Malaysia	1,715,000	USD	1,715,000	1.000%	Quarterly	Dec 2025	(31,106)	(15,648)	(46,754)
MSI	Government of Malaysia	1,840,000	USD	1,840,000	1.000%	Quarterly	Dec 2025	(49,653)	(508)	(50,161)
MSI	People's Republic of China	680,000	USD	680,000	1.000%	Quarterly	Dec 2025	(13,862)	(6,042)	(19,904)
MSI	Federative Republic of Brazil	775,000	USD	775,000	1.000%	Quarterly	Jun 2026	21,841	7,216	29,057
MSI	Federative Republic of Brazil	765,000	USD	765,000	1.000%	Quarterly	Jun 2026	28,950	(268)	28,682
MSI	Federative Republic of Brazil	120,000	USD	120,000	1.000%	Quarterly	Jun 2026	4,050	(550)	3,500
MSI	Republic of Indonesia	740,000	USD	740,000	1.000%	Quarterly	Jun 2026	(9,859)	(1,133)	(10,992)
MSI	Republic of South Africa	500,000	USD	500,000	1.000%	Quarterly	Jun 2026	19,364	532	19,896
MSI	Russian Federation	1,100,000	USD	1,100,000	1.000%	Quarterly	Jun 2026	(5,556)	(7,792)	(13,348)
MSI	Russian Federation	735,000	USD	735,000	1.000%	Quarterly	Jun 2026	(4,221)	(4,698)	(8,919)
MSI	United Mexican States	735,000	USD	735,000	1.000%	Quarterly	Jun 2026	(252)	(4,769)	(5,021)
MSI	United Mexican States	735,000	USD	735,000	1.000%	Quarterly	Jun 2026	(1,180)	(3,841)	(5,021)
MSI	CMBX.NA.AAA.12	1,380,000	USD	1,380,000	0.500%	Monthly	Aug 2061	(11,536)	3,280	(8,256)
MSI	CMBX.NA.AAA.12	1,385,000	USD	1,385,000	0.500%	Monthly	Aug 2061	(12,877)	4,591	(8,286)
MSI	CMBX.NA.BBB-.12	250,000	USD	250,000	3.000%	Monthly	Aug 2061	17,073	(6,242)	10,831
MSI	CMBX.NA.AAA.13	1,395,000	USD	1,395,000	0.500%	Monthly	Dec 2072	(7,101)	3,768	(3,333)
MSI	CMBX.NA.AAA.13	1,480,000	USD	1,480,000	0.500%	Monthly	Dec 2072	(8,123)	4,587	(3,536)
				$58,605,000				$(587,709)	$(259,620)	$(847,329)
Centrally cleared	CDX.NA.HY.36	325,000	USD	325,000	5.000%	Quarterly	Jun 2026	(30,118)	19	(30,099)
Centrally cleared	CDX.NA.IG.36	10,125,000	USD	10,125,000	1.000%	Quarterly	Jun 2026	(237,692)	(8,265)	(245,957)
Centrally cleared	iTraxx Europe Crossover Series 35 Version 1	265,000	EUR	312,077	5.000%	Quarterly	Jun 2026	(34,481)	(1,857)	(36,338)
Centrally cleared	iTraxx Europe Senior Financials Series 35 Version 1	6,120,000	EUR	7,225,445	1.000%	Quarterly	Jun 2026	(151,794)	(16,359)	(168,153)
Centrally cleared	iTraxx Europe Series 35 Version 1	9,680,000	EUR	11,586,056	1.000%	Quarterly	Jun 2026	(290,043)	(5,678)	(295,721)
Centrally cleared	iTraxx Europe Sub Financials Series 35 Version 1	4,930,000	EUR	5,906,465	1.000%	Quarterly	Jun 2026	13,368	(20,740)	(7,372)
				$35,480,043				$(730,760)	$(52,880)	$(783,640)
				$94,085,043				$(1,318,469)	$(312,500)	$(1,630,969)

Credit default swaps - Seller
Counterparty (OTC)/ Centrally cleared	Reference obligation	Implied credit spread	Notional amount	Currency	USD notional amount	Received fixed rate	Fixed payment frequency	Maturity date	Unamortized upfront payment paid (received)	Unrealized appreciation (depreciation)	Value
BARC	Republic of Panama	0.821%	125,000	USD	$125,000	1.000%	Quarterly	Jun 2026	$1,145	$245	$1,390
CITI	Republic of Colombia	1.549%	280,000	USD	280,000	1.000%	Quarterly	Jun 2026	(3,161)	(3,017)	(6,178)
CITI	Republic of Panama	0.821%	125,000	USD	125,000	1.000%	Quarterly	Jun 2026	1,436	(46)	1,390

183

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Opportunistic Fixed Income Trust (continued)

Credit default swaps - Seller (continued)
Counterparty (OTC)/ Centrally cleared	Reference obligation	Implied credit spread	Notional amount	Currency	USD notional amount	Received fixed rate	Fixed payment frequency	Maturity date	Unamortized upfront payment paid (received)	Unrealized appreciation (depreciation)	Value
GSI	Republic of Colombia	1.549%	215,000	USD	$215,000	1.000%	Quarterly	Jun 2026	$(2,424)	$(2,320)	$(4,744)
GSI	Republic of Colombia	1.549%	215,000	USD	215,000	1.000%	Quarterly	Jun 2026	(2,424)	(2,320)	(4,744)
GSI	Republic of Colombia	1.549%	250,000	USD	250,000	1.000%	Quarterly	Jun 2026	(2,874)	(2,642)	(5,516)
GSI	Republic of Colombia	1.549%	125,000	USD	125,000	1.000%	Quarterly	Jun 2026	(1,255)	(1,503)	(2,758)
GSI	Republic of Colombia	1.549%	140,000	USD	140,000	1.000%	Quarterly	Jun 2026	(984)	(2,105)	(3,089)
GSI	Republic of Colombia	1.549%	255,000	USD	255,000	1.000%	Quarterly	Jun 2026	(1,619)	(4,007)	(5,626)
GSI	Republic of Panama	0.821%	110,000	USD	110,000	1.000%	Quarterly	Jun 2026	1,060	163	1,223
JPM	Republic of Colombia	1.549%	235,000	USD	235,000	1.000%	Quarterly	Jun 2026	(1,810)	(3,375)	(5,185)
MSI	Republic of Panama	0.821%	120,000	USD	120,000	1.000%	Quarterly	Jun 2026	1,155	180	1,335
					$2,195,000				$(11,755)	$(20,747)	$(32,502)

Total return swaps
Pay/ receive total return*	Reference entity	Floating/ fixed rate	Payment frequency	Currency	Notional amount	Maturity date	Counterparty (OTC)	Unamortized upfront payment paid (received)	Unrealized appreciation (depreciation)	Value
Pay	iBoxx $ Liquid High Yield Index	3-Month USD LIBOR	At Maturity	USD	1,420,000	Dec 2021	GSI	—	$(40,966)	$(40,966)
Pay	iBoxx $ Liquid High Yield Index	3-Month USD LIBOR	At Maturity	USD	13,540,000	Dec 2021	GSI	—	(169,495)	(169,495)
Pay	iBoxx $ Liquid High Yield Index	3-Month USD LIBOR	At Maturity	USD	750,000	Dec 2021	GSI	—	(10,314)	(10,314)
Pay	iBoxx $ Liquid High Yield Index	3-Month USD LIBOR	At Maturity	USD	755,000	Dec 2021	GSI	—	(3,701)	(3,701)
Pay	iBoxx $ Liquid High Yield Index	3-Month USD LIBOR	At Maturity	USD	745,000	Dec 2021	GSI	—	(4,570)	(4,570)
Pay	iBoxx $ Liquid High Yield Index	3-Month USD LIBOR	At Maturity	USD	750,000	Dec 2021	GSI	—	28	28
Pay	iBoxx $ Liquid Investment Grade Index	3-Month USD LIBOR	At Maturity	USD	2,660,000	Dec 2021	GSI	—	(26,032)	(26,032)
Pay	iBoxx $ Liquid High Yield Index	3-Month USD LIBOR	At Maturity	USD	1,090,000	Dec 2021	JPM	—	(13,461)	(13,461)
Pay	iBoxx $ Liquid Investment Grade Index	3-Month USD LIBOR	At Maturity	USD	3,240,000	Dec 2021	MSI	—	67,470	67,470
Receive	iBoxx $ Liquid Leveraged Loan Index	3-Month USD LIBOR	At Maturity	USD	4,440,000	Dec 2021	GSI	—	9,213	9,213
								—	$(191,828)	$(191,828)

* Fund will pay or receive the total return of the reference asset depending on whether the return is positive or negative. For contracts where the fund has elected to receive the total return of the reference asset if positive, it will be responsible for paying the floating rate and the total return of the reference asset if negative. If the fund has elected to pay the total return of the reference asset if positive, it will receive the floating rate and the total return of the reference asset if negative.

184

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Opportunistic Fixed Income Trust (continued)

Derivatives Currency Abbreviations
AUD	Australian Dollar
BRL	Brazilian Real
CAD	Canadian Dollar
CHF	Swiss Franc
CLP	Chilean Peso
CNY	Chinese Yuan Renminbi
COP	Colombian Peso
CZK	Czech Republic Koruna
EUR	Euro
GBP	Pound Sterling
HUF	Hungarian Forint
IDR	Indonesian Rupiah
ILS	Israeli New Shekel
INR	Indian Rupee
JPY	Japanese Yen
KRW	Korean Won
MXN	Mexican Peso
NOK	Norwegian Krone
NZD	New Zealand Dollar
PLN	Polish Zloty
RUB	Russian Ruble
SEK	Swedish Krona
SGD	Singapore Dollar
THB	Thai Bhat
TRY	Turkish Lira
USD	U.S. Dollar
ZAR	South African Rand

Derivatives Abbreviations
BARC	Barclays Bank PLC
BOA	Bank of America, N.A.
CDOR	Canadian Dollar Offered Rate
CITI	Citibank, N.A.
CNREPOFIX	China Fixing Repo Rate
CORRA	Canadian Overnight Repo Rate Average
CPI	Consumer Price Index
GSI	Goldman Sachs International
JPM	JPMorgan Chase Bank, N.A.
LIBOR	London Interbank Offered Rate
MIBOR	Mumbai Interbank Offered Rate
MSI	Morgan Stanley & Co. International PLC
OIS	Overnight Index Swap
OTC	Over-the-counter
RPI	Retail Price Index
SOFR	Secured Overnight Financing Rate
SONIA	Sterling Overnight Interbank Average Rate
SSB	State Street Bank and Trust Company
TIIE	Tasa de Interes Interbancario de Equilibrio (Interbank Equilibrium Interest Rate)

Real Estate Securities Trust

	Shares or Principal Amount	Value
COMMON STOCKS – 98.7%
Consumer discretionary – 2.4%
Hotels, restaurants and leisure – 2.4%
Casinos and gaming – 1.1%
Caesars Entertainment, Inc. (A)	36,187	$	4,063,076
Hotels, resorts and cruise lines – 1.3%
Playa Hotels & Resorts NV (A)	602,182		4,992,089
			9,055,165
Health care – 2.2%

Real Estate Securities Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Health care providers and services – 2.2%
Health care facilities – 2.2%
Brookdale Senior Living, Inc. (A)	499,699	$	3,148,104
HCA Healthcare, Inc.	21,416		5,198,092
			8,346,196
Real estate – 94.1%

 

185

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Real Estate Securities Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Equity real estate investment trusts – 88.6%
Health care REITs – 6.9%
Healthpeak Properties, Inc.	194,821	$	6,522,607
Welltower, Inc.	237,743		19,590,023
			26,112,630
Hotel and resort REITs – 2.7%
Pebblebrook Hotel Trust	163,866		3,672,237
Ryman Hospitality Properties, Inc. (A)	79,166		6,626,194
			10,298,431
Industrial REITs – 14.8%
First Industrial Realty Trust, Inc.	92,389		4,811,619
Innovative Industrial Properties, Inc.	21,859		5,053,145
Prologis, Inc.	285,132		35,764,107
Rexford Industrial Realty, Inc.	181,805		10,317,434
			55,946,305
Office REITs – 7.4%
Alexandria Real Estate Equities, Inc.	64,960		12,411,907
Douglas Emmett, Inc.	209,116		6,610,157
SL Green Realty Corp.	127,362		9,022,324
			28,044,388
Residential REITs – 21.1%
AvalonBay Communities, Inc.	84,132		18,647,016
Camden Property Trust	78,883		11,632,876
Independence Realty Trust, Inc.	457,959		9,319,466
Invitation Homes, Inc.	314,902		12,070,194
Sun Communities, Inc.	70,459		13,041,961
UDR, Inc.	276,078		14,626,612
			79,338,125
Retail REITs – 11.3%
Acadia Realty Trust	241,496		4,928,933
Brixmor Property Group, Inc.	625,144		13,821,934
Kimco Realty Corp.	299,648		6,217,696
Phillips Edison & Company, Inc.	68,537		2,104,771
Retail Opportunity Investments Corp.	319,875		5,572,223
Simon Property Group, Inc.	75,892		9,863,683
			42,509,240
Specialized REITs – 24.4%
American Tower Corp.	63,655		16,894,674
Equinix, Inc.	17,474		13,806,732
Extra Space Storage, Inc.	117,031		19,660,038
Life Storage, Inc.	109,122		12,520,658
PotlatchDeltic Corp.	55,338		2,854,334
Public Storage	16,822		4,997,816
SBA Communications Corp.	29,902		9,884,704
VICI Properties, Inc.	392,439		11,149,192
			91,768,148
			334,017,267
Real estate management and development – 5.5%
Real estate operating companies – 1.3%
Tricon Residential, Inc.	364,494		4,863,373
Real estate services – 4.2%
Colliers International Group, Inc. (New York Stock Exchange)	62,751		8,013,930
Jones Lang LaSalle, Inc. (A)	31,148		7,727,507
			15,741,437
			20,604,810
			354,622,077
TOTAL COMMON STOCKS (Cost $305,997,970)		$	372,023,438

Real Estate Securities Trust (continued)

	Shares or Principal Amount	Value
SHORT-TERM INVESTMENTS – 1.2%
Short-term funds – 1.2%
State Street Institutional U.S. Government Money Market Fund, Premier Class, 0.0250% (B)	4,470,787	$	4,470,787
TOTAL SHORT-TERM INVESTMENTS (Cost $4,470,787)		$	4,470,787
Total Investments (Real Estate Securities Trust) (Cost $310,468,757) – 99.9%		$	376,494,225
Other assets and liabilities, net – 0.1%			262,783
TOTAL NET ASSETS – 100.0%		$	376,757,008

Security Abbreviations and Legend
(A)	Non-income producing security.
(B)	The rate shown is the annualized seven-day yield as of 9-30-21.

Science & Technology Trust

	Shares or Principal Amount	Value
COMMON STOCKS – 97.3%
Communication services – 14.6%
Entertainment – 0.6%
CTS Eventim AG & Company KGaA (A)	88,860	$	6,685,816
Take-Two Interactive Software, Inc. (A)	2,865		441,411
			7,127,227
Interactive media and services – 14.0%
Alphabet, Inc., Class A (A)	1,615		4,317,735
Alphabet, Inc., Class C (A)	19,988		53,274,216
Baidu, Inc., ADR (A)	136,210		20,942,288
Facebook, Inc., Class A (A)	104,017		35,302,330
Kanzhun, Ltd. (A)	16,204		583,182
Kuaishou Technology (A)(B)	13,100		139,812
Mail.Ru Group, Ltd., GDR (A)	715,550		14,682,121
Pinterest, Inc., Class A (A)	120,544		6,141,717
Snap, Inc., Class A (A)	84,730		6,259,005
Zillow Group, Inc., Class A (A)	5,790		512,878
ZoomInfo Technologies, Inc., Class A (A)	195,870		11,985,285
			154,140,569
			161,267,796
Consumer discretionary – 22.6%
Auto components – 0.3%
Aptiv PLC (A)	18,790		2,799,146
Automobiles – 0.1%
Tesla, Inc. (A)	1,005		779,357
Diversified consumer services – 0.2%
New Oriental Education & Technology Group, Inc., ADR (A)	1,082,568		2,219,264
Hotels, restaurants and leisure – 6.2%
Booking Holdings, Inc. (A)	11,523		27,354,104
Expedia Group, Inc. (A)	8,525		1,397,248
Tongcheng-Elong Holdings, Ltd. (A)	2,612,400		6,308,348
Trip.com Group, Ltd., ADR (A)	1,087,560		33,442,470
			68,502,170
Internet and direct marketing retail – 15.4%
Alibaba Group Holding, Ltd., ADR (A)	194,541		28,801,795
Amazon.com, Inc. (A)	16,467		54,094,754
boohoo Group PLC (A)	2,820,587		8,232,293
Coupang, Inc. (A)	154,752		4,309,843

 

186

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Science & Technology Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Internet and direct marketing retail (continued)
Deliveroo PLC (A)(B)	1,340,436	$	5,186,259
Delivery Hero SE (A)(B)	109,710		13,994,077
D-MARKET Elektronik Hizmetler ve Ticaret AS, ADR (A)	163,146		1,119,182
Etsy, Inc. (A)	51,238		10,655,454
Naspers, Ltd., N Shares	39,062		6,456,156
Prosus NV (A)	72,486		5,801,851
Wayfair, Inc., Class A (A)	18,828		4,810,742
Zalando SE (A)(B)	285,453		26,033,742
			169,496,148
Specialty retail – 0.4%
Warby Parker, Inc., Class A (A)	85,626		4,542,459
			248,338,544
Health care – 0.3%
Health care equipment and supplies – 0.2%
Intuitive Surgical, Inc. (A)	2,149		2,136,428
Health care technology – 0.1%
Veeva Systems, Inc., Class A (A)	3,745		1,079,197
			3,215,625
Industrials – 0.4%
Electrical equipment – 0.0%
Bloom Energy Corp., Class A (A)	2,800		52,416
Road and rail – 0.4%
DiDi Chuxing, Inc. (A)(C)	9,513		285,556
Lyft, Inc., Class A (A)	83,570		4,478,516
			4,764,072
			4,816,488
Information technology – 59.4%
Communications equipment – 0.6%
Arista Networks, Inc. (A)	1,780		611,679
Cisco Systems, Inc.	95,480		5,196,976
F5 Networks, Inc. (A)	4,395		873,638
			6,682,293
Electronic equipment, instruments and components – 1.2%
Cognex Corp.	7,670		615,287
Flex, Ltd. (A)	57,695		1,020,048
IPG Photonics Corp. (A)	10,595		1,678,248
Samsung SDI Company, Ltd.	17,296		10,320,867
			13,634,450
IT services – 8.3%
Adyen NV (A)(B)	650		1,816,985
Cloudflare, Inc., Class A (A)	11,960		1,347,294
DXC Technology Company (A)	142,695		4,795,979
EPAM Systems, Inc. (A)	5,155		2,940,824
Fiserv, Inc. (A)	17,232		1,869,672
Infosys, Ltd., ADR	57,875		1,287,719
MongoDB, Inc. (A)	50,790		23,947,993
Okta, Inc. (A)	14,945		3,547,046
PayPal Holdings, Inc. (A)	49,900		12,984,479
Shopify, Inc., Class A (A)	3,595		4,874,029
Snowflake, Inc., Class A (A)	5,233		1,582,616
Square, Inc., Class A (A)	51,350		12,315,784
Toast, Inc., Class A (A)(D)	1,585		79,171
Twilio, Inc., Class A (A)	46,695		14,898,040
VeriSign, Inc. (A)	12,482		2,558,935
			90,846,566
Semiconductors and semiconductor equipment – 13.3%
Advanced Micro Devices, Inc. (A)	28,870		2,970,723
Applied Materials, Inc.	130,012		16,736,445
ASML Holding NV, NYRS	1,850		1,378,454
Infineon Technologies AG	133,725		5,469,108

Science & Technology Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Semiconductors and semiconductor equipment (continued)
KLA Corp.	5,485	$	1,834,787
Lam Research Corp.	10,175		5,791,101
Marvell Technology, Inc.	58,850		3,549,244
Micron Technology, Inc.	310,828		22,062,571
NVIDIA Corp.	52,915		10,961,871
NXP Semiconductors NV	32,265		6,319,746
ON Semiconductor Corp. (A)	215,730		9,873,962
Qorvo, Inc. (A)	16,750		2,800,433
QUALCOMM, Inc.	74,220		9,572,896
SK Hynix, Inc.	42,719		3,657,016
Skyworks Solutions, Inc.	7,960		1,311,649
STMicroelectronics NV	120,480		5,260,362
Taiwan Semiconductor Manufacturing Company, Ltd., ADR	97,150		10,846,798
Teradyne, Inc.	17,595		1,920,846
Tokyo Electron, Ltd.	12,400		5,478,053
Xilinx, Inc.	121,496		18,344,681
			146,140,746
Software – 29.8%
Adobe, Inc. (A)	6,805		3,917,775
Altair Engineering, Inc., Class A (A)	9,760		672,854
Alteryx, Inc., Class A (A)	21,250		1,553,375
Asana, Inc., Class A (A)	211,205		21,931,527
Atlassian Corp. PLC, Class A (A)	13,290		5,201,972
Box, Inc., Class A (A)	43,400		1,027,278
Citrix Systems, Inc.	255,251		27,406,300
Crowdstrike Holdings, Inc., Class A (A)	63,410		15,584,910
Datadog, Inc., Class A (A)	15,280		2,159,828
DocuSign, Inc. (A)	10,410		2,679,846
ForgeRock, Inc., Class A (A)	16,885		657,333
Fortinet, Inc. (A)	26,170		7,642,687
HubSpot, Inc. (A)	40,373		27,295,782
Intuit, Inc.	15,335		8,273,386
KnowBe4, Inc., Class A (A)	36,123		793,261
Legalzoom.com, Inc. (A)(D)	5,770		152,328
Mandiant, Inc. (A)	31,260		556,428
McAfee Corp., Class A	170,397		3,767,478
Microsoft Corp.	200,488		56,521,577
Monday.com, Ltd. (A)(D)	3,615		1,179,213
NortonLifeLock, Inc.	252,540		6,389,262
Palo Alto Networks, Inc. (A)	12,315		5,898,885
Paycom Software, Inc. (A)	34,785		17,244,664
Procore Technologies, Inc. (A)	2,056		183,683
salesforce.com, Inc. (A)	183,545		49,781,075
Smartsheet, Inc., Class A (A)	8,470		582,905
TeamViewer AG (A)(B)	190,467		5,572,220
The Trade Desk, Inc., Class A (A)	82,260		5,782,878
Varonis Systems, Inc. (A)	42,915		2,611,378
Workday, Inc., Class A (A)	37,880		9,465,833
Zoom Video Communications, Inc., Class A (A)	70,073		18,324,090
Zscaler, Inc. (A)	64,972		17,036,958
			327,848,969
Technology hardware, storage and peripherals – 6.2%
Apple, Inc.	152,315		21,552,573
Pure Storage, Inc., Class A (A)	935,749		23,543,445
Samsung Electronics Company, Ltd.	270,150		16,747,841
Seagate Technology Holdings PLC	51,975		4,288,977
Western Digital Corp. (A)	44,595		2,516,942
			68,649,778
			653,802,802
TOTAL COMMON STOCKS (Cost $887,640,069)		$	1,071,441,255

 

187

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Science & Technology Trust (continued)

		Shares or Principal Amount	Value
SHORT-TERM INVESTMENTS – 4.0%
Short-term funds – 2.0%
John Hancock Collateral Trust, 0.0303% (E)(F)		99,902	$	999,635
State Street Institutional U.S. Government Money Market Fund, Premier Class, 0.0250% (E)		500,013		500,013
T. Rowe Price Government Reserve Fund, 0.0295% (E)		19,887,200		19,887,200
				21,386,848
Repurchase agreement – 2.0%
Repurchase Agreement with State Street Corp. dated 9-30-21 at 0.000% to be repurchased at $22,016,000 on 10-1-21, collateralized by $22,476,600 U.S. Treasury Notes, 0.250% due 9-30-23 (valued at $22,456,416)	$	22,016,000		22,016,000
TOTAL SHORT-TERM INVESTMENTS (Cost $43,402,859)			$	43,402,848
Total Investments (Science & Technology Trust) (Cost $931,042,928) – 101.3%			$	1,114,844,103
Other assets and liabilities, net – (1.3%)				(13,982,394)
TOTAL NET ASSETS – 100.0%			$	1,100,861,709

Security Abbreviations and Legend
ADR	American Depositary Receipt
GDR	Global Depositary Receipt
NYRS	New York Registry Shares
(A)	Non-income producing security.
(B)	These 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.
(C)	Restricted security as to resale, excluding 144A securities. For more information on this security refer to the Notes to Portfolio of Investments.
(D)	All or a portion of this security is on loan as of 9-30-21. The value of securities on loan amounted to $978,048.
(E)	The rate shown is the annualized seven-day yield as of 9-30-21.
(F)	Investment is an affiliate of the fund, the advisor and/or subadvisor. This security represents the investment of cash collateral received for securities lending.

Select Bond Trust

		Shares or Principal Amount	Value
U.S. GOVERNMENT AND AGENCY OBLIGATIONS – 30.5%
U.S. Government – 12.2%
U.S. Treasury Bonds
1.750%, 08/15/2041	$	156,817,000	$	149,907,251
2.375%, 05/15/2051		206,967,600		220,873,233
2.500%, 02/15/2045		115,800,000		125,054,954
3.000%, 02/15/2047		37,979,000		45,002,148
3.125%, 11/15/2041		65,949,000		78,541,137
U.S. Treasury Notes
0.250%, 09/30/2023		61,539,000		61,493,327
0.375%, 08/15/2024		15,345,000		15,289,854
0.750%, 08/31/2026		66,759,000		66,044,470
1.125%, 08/31/2028		94,505,000		93,382,753
1.250%, 03/31/2028 to 08/15/2031		101,770,000		99,515,131
				955,104,258

Select Bond Trust (continued)

		Shares or Principal Amount	Value
U.S. GOVERNMENT AND AGENCY OBLIGATIONS (continued)
U.S. Government Agency – 18.3%
Federal Home Loan Mortgage Corp.
2.500%, 08/01/2050	$	65,563,032	$	68,146,288
3.000%, 03/01/2043 to 12/01/2049		123,870,068		131,967,878
3.500%, 04/01/2044 to 04/01/2047		73,516,598		80,027,280
4.000%, 03/01/2048 to 08/01/2048		19,139,439		20,803,315
Federal National Mortgage Association
2.000%, TBA (A)		168,333,000		168,764,353
2.000%, 09/01/2050 to 02/01/2051		85,343,138		86,020,737
2.500%, TBA (A)		199,794,000		206,014,167
2.500%, 09/01/2050 to 12/01/2050		71,793,186		74,272,110
2.625%, 09/06/2024		8,300,000		8,818,835
3.000%, 01/01/2043 to 11/01/2049		155,420,596		165,702,407
3.500%, 06/01/2042 to 09/01/2049		172,041,042		185,846,325
4.000%, 09/01/2040 to 07/01/2049		175,212,216		192,967,029
4.500%, 12/01/2040 to 05/01/2042		43,203,636		48,204,214
Government National Mortgage Association 4.000%, 10/15/2039 to 11/15/2041		3,194,014		3,502,810
				1,441,057,748
TOTAL U.S. GOVERNMENT AND AGENCY OBLIGATIONS (Cost $2,386,793,425)			$	2,396,162,006
FOREIGN GOVERNMENT OBLIGATIONS – 0.5%
Qatar – 0.3%
State of Qatar
3.375%, 03/14/2024 (B)		11,857,000		12,608,022
5.103%, 04/23/2048 (B)		8,410,000		11,149,305
				23,757,327
Saudi Arabia – 0.2%
Kingdom of Saudi Arabia 4.375%, 04/16/2029 (B)		14,979,000		17,244,933
TOTAL FOREIGN GOVERNMENT OBLIGATIONS (Cost $35,619,507)			$	41,002,260
CORPORATE BONDS – 40.1%
Communication services – 3.7%
AT&T, Inc.
2.300%, 06/01/2027		6,382,000		6,605,216
3.100%, 02/01/2043		34,206,000		32,794,881
3.500%, 06/01/2041		12,200,000		12,526,102
3.650%, 06/01/2051		3,738,000		3,808,975
Charter Communications Operating LLC
4.200%, 03/15/2028		13,245,000		14,793,207
4.800%, 03/01/2050		15,472,000		17,362,760
5.750%, 04/01/2048		16,696,000		21,091,937
6.484%, 10/23/2045		13,673,000		18,589,542
Comcast Corp. 4.150%, 10/15/2028		20,678,000		23,780,414
Level 3 Financing, Inc. 3.400%, 03/01/2027 (B)		6,456,000		6,800,428
NBN Company, Ltd. 1.450%, 05/05/2026 (B)		20,683,000		20,601,716
Telefonica Emisiones SA 5.213%, 03/08/2047		16,102,000		20,096,088
T-Mobile USA, Inc.
2.050%, 02/15/2028		12,548,000		12,648,384
2.550%, 02/15/2031		4,824,000		4,841,191
3.750%, 04/15/2027		6,507,000		7,168,702
3.875%, 04/15/2030		13,891,000		15,337,915
4.500%, 04/15/2050		8,048,000		9,382,106
Verizon Communications, Inc.
3.000%, 03/22/2027		2,177,000		2,336,313
4.329%, 09/21/2028		17,379,000		19,977,635
4.400%, 11/01/2034		7,740,000		9,166,287

 

188

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Select Bond Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Communication services (continued)
Verizon Communications, Inc. (continued)
4.500%, 08/10/2033	$	8,116,000	$	9,663,791
				289,373,590
Consumer discretionary – 3.1%
Amazon.com, Inc. 4.050%, 08/22/2047		9,136,000		11,084,179
AutoNation, Inc. 4.750%, 06/01/2030		4,925,000		5,742,107
Booking Holdings, Inc. 4.625%, 04/13/2030		10,403,000		12,365,430
Choice Hotels International, Inc. 3.700%, 12/01/2029 to 01/15/2031		15,291,000		16,351,211
Daimler Finance North America LLC 3.500%, 08/03/2025 (B)		5,990,000		6,466,274
Dollar Tree, Inc. 4.200%, 05/15/2028		16,502,000		18,586,791
eBay, Inc. 2.700%, 03/11/2030		12,556,000		13,074,814
Expedia Group, Inc.
2.950%, 03/15/2031		6,373,000		6,440,299
3.250%, 02/15/2030		9,735,000		10,067,982
3.800%, 02/15/2028		16,524,000		17,933,957
4.625%, 08/01/2027		8,713,000		9,877,754
5.000%, 02/15/2026		13,035,000		14,719,883
General Motors Financial Company, Inc.
3.600%, 06/21/2030		20,346,000		21,823,758
4.350%, 01/17/2027		8,868,000		9,941,833
Hyatt Hotels Corp.
4.375%, 09/15/2028		1,824,000		1,991,043
5.750%, 04/23/2030		5,427,000		6,514,751
Hyundai Capital America
1.000%, 09/17/2024 (B)		8,719,000		8,688,124
1.800%, 10/15/2025 (B)		4,018,000		4,057,428
2.375%, 10/15/2027 (B)		4,018,000		4,072,355
Marriott International, Inc.
2.850%, 04/15/2031		9,027,000		9,142,379
3.500%, 10/15/2032		5,228,000		5,554,458
4.625%, 06/15/2030		5,210,000		5,952,235
4.650%, 12/01/2028		13,237,000		15,063,984
Nissan Motor Acceptance Company LLC 1.125%, 09/16/2024 (B)		4,380,000		4,371,766
Nissan Motor Acceptance Corp. 3.450%, 03/15/2023 (B)		3,950,000		4,088,077
				243,972,872
Consumer staples – 0.5%
Anheuser-Busch InBev Worldwide, Inc. 4.600%, 04/15/2048		10,094,000		12,050,465
Cargill, Inc. 2.125%, 04/23/2030 (B)		4,306,000		4,337,471
Coca-Cola Femsa SAB de CV 2.750%, 01/22/2030		5,029,000		5,185,704
Constellation Brands, Inc. 3.150%, 08/01/2029		3,340,000		3,571,656
The Clorox Company 1.800%, 05/15/2030		10,582,000		10,301,691
				35,446,987
Energy – 3.0%
Aker BP ASA
2.875%, 01/15/2026 (B)		5,450,000		5,759,828
3.000%, 01/15/2025 (B)		6,211,000		6,538,275
4.000%, 01/15/2031 (B)		10,984,000		11,947,314
Cimarex Energy Company 4.375%, 06/01/2024		4,733,000		5,103,707

Select Bond Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Energy (continued)
Diamondback Energy, Inc. 3.125%, 03/24/2031	$	5,548,000	$	5,760,855
Enbridge, Inc. (5.750% to 4-15-30, then 5 Year CMT + 5.314%) 07/15/2080		8,820,000		9,966,159
Enbridge, Inc. (6.250% to 3-1-28, then 3 month LIBOR + 3.641%) 03/01/2078		8,767,000		9,770,765
Energy Transfer LP
4.200%, 04/15/2027		3,063,000		3,387,109
5.150%, 03/15/2045		5,400,000		6,180,899
5.250%, 04/15/2029		17,785,000		20,847,046
5.400%, 10/01/2047		8,136,000		9,694,976
5.500%, 06/01/2027		9,621,000		11,288,614
Enterprise Products Operating LLC (5.250% to 8-16-27, then 3 month LIBOR + 3.033%) 08/16/2077		12,660,000		13,246,008
Kinder Morgan Energy Partners LP 7.750%, 03/15/2032		4,555,000		6,525,304
Kinder Morgan, Inc. 4.300%, 03/01/2028		3,877,000		4,394,459
Lundin Energy Finance BV
2.000%, 07/15/2026 (B)		5,640,000		5,674,025
3.100%, 07/15/2031 (B)		8,003,000		8,114,606
Midwest Connector Capital Company LLC 3.900%, 04/01/2024 (B)		9,512,000		9,948,326
MPLX LP
4.000%, 03/15/2028		6,705,000		7,404,232
4.125%, 03/01/2027 (C)		2,551,000		2,848,362
4.250%, 12/01/2027		4,887,000		5,491,069
Sabine Pass Liquefaction LLC
4.200%, 03/15/2028		6,406,000		7,152,279
5.000%, 03/15/2027		7,297,000		8,388,710
5.875%, 06/30/2026		13,743,000		16,174,101
The Williams Companies, Inc.
3.750%, 06/15/2027		9,700,000		10,681,216
4.550%, 06/24/2024		17,539,000		19,134,231
TransCanada PipeLines, Ltd. 4.250%, 05/15/2028		6,220,000		7,081,232
				238,503,707
Financials – 11.6%
Ares Capital Corp.
2.150%, 07/15/2026		11,802,000		11,833,390
2.875%, 06/15/2028		6,780,000		6,868,265
3.875%, 01/15/2026		8,615,000		9,213,125
4.200%, 06/10/2024		6,463,000		6,931,114
Ascot Group, Ltd. 4.250%, 12/15/2030 (B)		4,815,000		5,104,375
Athene Holding, Ltd. 3.500%, 01/15/2031		14,028,000		15,019,744
Australia & New Zealand Banking Group, Ltd. (6.750% to 6-15-26, then 5 Year ICE Swap Rate + 5.168%) 06/15/2026 (B)(D)		3,040,000		3,546,494
AXA SA 8.600%, 12/15/2030		2,474,000		3,719,097
Banco Santander SA 4.379%, 04/12/2028		7,600,000		8,630,674
Bank of America Corp.
3.248%, 10/21/2027		12,889,000		13,917,013
3.950%, 04/21/2025		11,322,000		12,338,289
Bank of America Corp. (2.087% to 6-14-28, then SOFR + 1.060%) 06/14/2029		12,755,000		12,734,529

 

189

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Select Bond Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Financials (continued)
Bank of America Corp. (4.271% to 7-23-28, then 3 month LIBOR + 1.310%) 07/23/2029	$	17,187,000	$	19,489,408
Bank of America Corp. (2.592% to 4-29-30, then SOFR + 2.150%) 04/29/2031		12,322,000		12,576,178
Bank of America Corp. (2.687% to 4-22-31, then SOFR + 1.320%) 04/22/2032		19,364,000		19,717,780
Barclays PLC 4.375%, 01/12/2026		7,380,000		8,235,638
BPCE SA 4.500%, 03/15/2025 (B)		7,805,000		8,571,111
Brighthouse Financial, Inc. 3.700%, 06/22/2027 (C)		8,225,000		9,009,499
Cantor Fitzgerald LP 4.875%, 05/01/2024 (B)		9,631,000		10,500,267
Citigroup, Inc.
3.200%, 10/21/2026		14,418,000		15,545,130
4.600%, 03/09/2026		17,394,000		19,645,324
Citigroup, Inc. (2.561% to 5-1-31, then SOFR + 1.167%) 05/01/2032		5,665,000		5,720,716
Citizens Financial Group, Inc. 3.250%, 04/30/2030		12,256,000		13,127,444
CNA Financial Corp. 2.050%, 08/15/2030		4,015,000		3,934,859
CNO Financial Group, Inc. 5.250%, 05/30/2029		10,165,000		11,912,173
Credit Agricole SA
2.811%, 01/11/2041 (B)		5,816,000		5,549,904
3.250%, 01/14/2030 (B)		12,902,000		13,535,614
Credit Suisse Group AG 3.574%, 01/09/2023 (B)		3,256,000		3,282,706
Discover Financial Services 4.100%, 02/09/2027		4,203,000		4,681,886
GE Capital International Funding Company 4.418%, 11/15/2035		17,822,000		21,387,331
Hercules Capital, Inc. 2.625%, 09/16/2026		6,215,000		6,213,003
Jefferies Financial Group, Inc. 5.500%, 10/18/2023		4,565,000		4,856,432
Jefferies Group LLC
4.150%, 01/23/2030		9,200,000		10,347,831
4.850%, 01/15/2027		10,843,000		12,572,604
JPMorgan Chase & Co. 2.950%, 10/01/2026		14,806,000		15,868,182
JPMorgan Chase & Co. (6.750% to 2-1-24, then 3 month LIBOR + 3.780%) 02/01/2024 (D)		12,306,000		13,505,835
JPMorgan Chase & Co. (4.600% to 2-1-25, then SOFR + 3.125%) 02/01/2025 (D)		9,375,000		9,585,938
JPMorgan Chase & Co. (3.960% to 1-29-26, then 3 month LIBOR + 1.245%) 01/29/2027		11,699,000		12,910,929
JPMorgan Chase & Co. (2.522% to 4-22-30, then SOFR + 2.040%) 04/22/2031		12,793,000		13,051,459
JPMorgan Chase & Co. (2.956% to 5-13-30, then SOFR + 2.515%) 05/13/2031		12,141,000		12,630,985
Lazard Group LLC 4.375%, 03/11/2029		7,100,000		8,040,920

Select Bond Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Financials (continued)
Lloyds Banking Group PLC 4.450%, 05/08/2025	$	19,070,000	$	21,155,006
M&T Bank Corp. (5.125% to 11-1-26, then 3 month LIBOR + 3.520%) 11/01/2026 (D)		3,746,000		4,128,985
Macquarie Bank, Ltd.
3.624%, 06/03/2030 (B)		6,523,000		6,847,344
4.875%, 06/10/2025 (B)		7,810,000		8,651,234
MetLife, Inc. (6.400% to 12-15-36, then 3 month LIBOR + 2.205%) 6.400%, 12/15/2036		7,277,000		9,346,237
MetLife, Inc. (9.250% to 4-8-38, then 3 month LIBOR + 5.540%) 9.250%, 04/08/2038 (B)		2,567,000		3,902,148
Morgan Stanley 3.875%, 01/27/2026		8,532,000		9,444,896
Morgan Stanley (2.188% to 4-28-25, then SOFR + 1.990%) 04/28/2026		22,984,000		23,731,065
Morgan Stanley (2.484% to 9-16-31, then SOFR + 1.360%) 09/16/2036		14,062,000		13,762,853
NatWest Group PLC (3.754% to 11-1-24, then 5 Year CMT + 2.100%) 11/01/2029		4,512,000		4,815,173
NatWest Markets PLC 1.600%, 09/29/2026 (B)		12,231,000		12,224,327
New York Life Insurance Company 3.750%, 05/15/2050 (B)		5,384,000		6,032,532
Nippon Life Insurance Company (2.750% to 1-21-31, then 5 Year CMT + 2.653%) 01/21/2051 (B)		13,599,000		13,310,021
Nippon Life Insurance Company (5.100% to 10-16-24, then 5 Year U.S. Swap Rate + 3.650%) 10/16/2044 (B)		5,325,000		5,850,844
Nordea Bank ABP (3.750% to 3-1-29, then 5 Year CMT + 2.602%) 03/01/2029 (B)(D)		11,616,000		11,427,240
Oaktree Specialty Lending Corp. 2.700%, 01/15/2027		14,277,000		14,322,328
Ohio National Financial Services, Inc. 5.800%, 01/24/2030 (B)		3,660,000		4,189,349
PNC Bank NA 4.050%, 07/26/2028		2,690,000		3,064,468
Prudential Financial, Inc. (3.700% to 7-1-30, then 5 Year CMT + 3.035%) 10/01/2050		23,906,000		24,914,671
Prudential Financial, Inc. (5.875% to 9-15-22, then 3 month LIBOR + 4.175%) 09/15/2042		13,898,000		14,455,733
Santander Holdings USA, Inc.
3.244%, 10/05/2026		17,780,000		18,992,987
3.450%, 06/02/2025		15,455,000		16,548,463
3.500%, 06/07/2024		11,289,000		11,992,321
4.400%, 07/13/2027		2,083,000		2,340,251
SBL Holdings, Inc. 5.000%, 02/18/2031 (B)		7,908,000		8,436,930
SVB Financial Group 3.125%, 06/05/2030		7,717,000		8,254,845
Teachers Insurance & Annuity Association of America 4.270%, 05/15/2047 (B)		9,222,000		11,143,055
The Goldman Sachs Group, Inc. 3.850%, 01/26/2027		19,136,000		21,025,315

 

190

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Select Bond Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Financials (continued)
The Goldman Sachs Group, Inc. (2.615% to 4-22-31, then SOFR + 1.281%) 04/22/2032	$	22,533,000	$	22,805,424
The PNC Financial Services Group, Inc. (3 month LIBOR + 3.678%) 3.804%, 11/01/2021 (D)(E)		11,183,000		11,210,297
The PNC Financial Services Group, Inc. (3.400% to 9-15-26, then 5 Year CMT + 2.595%) 09/15/2026 (D)		12,274,000		12,243,315
The PNC Financial Services Group, Inc. (4.850% to 6-1-23, then 3 month LIBOR + 3.040%) 06/01/2023 (D)		4,314,000		4,459,598
Unum Group 4.125%, 06/15/2051		3,701,000		3,746,467
USAA Capital Corp. 2.125%, 05/01/2030 (B)		3,725,000		3,752,188
Wells Fargo & Company 3.550%, 09/29/2025		18,013,000		19,623,566
Wells Fargo & Company (5.875% to 6-15-25, then 3 month LIBOR + 3.990%) 06/15/2025 (D)		22,240,000		24,786,702
Wells Fargo & Company (2.393% to 6-2-27, then SOFR + 2.100%) 06/02/2028		19,183,000		19,786,114
Wells Fargo & Company (2.879% to 10-30-29, then SOFR + 1.432%) 10/30/2030		14,423,000		15,062,818
Wells Fargo & Company (3.068% to 4-30-40, then SOFR + 2.530%) 04/30/2041		9,762,000		10,031,362
Zions Bancorp NA 3.250%, 10/29/2029		18,340,000		19,065,346
				916,747,013
Health care – 2.8%
AbbVie, Inc. 3.200%, 11/21/2029		33,371,000		35,957,624
AmerisourceBergen Corp.
2.800%, 05/15/2030		9,144,000		9,480,906
3.450%, 12/15/2027		9,510,000		10,394,858
Anthem, Inc. 2.250%, 05/15/2030		3,522,000		3,534,211
Cottage Health Obligated Group 3.304%, 11/01/2049		12,102,000		12,867,250
CVS Health Corp.
2.700%, 08/21/2040		6,008,000		5,733,078
3.750%, 04/01/2030		7,993,000		8,879,848
4.300%, 03/25/2028		4,269,000		4,869,456
5.050%, 03/25/2048		11,164,000		14,370,326
Fresenius Medical Care US Finance III, Inc.
2.375%, 02/16/2031 (B)		13,464,000		13,064,251
3.750%, 06/15/2029 (B)		12,965,000		14,005,146
HCA, Inc. 4.125%, 06/15/2029		13,127,000		14,663,146
Premier Health Partners 2.911%, 11/15/2026		7,827,000		8,198,661
Royalty Pharma PLC 1.750%, 09/02/2027		4,117,000		4,099,196
Shire Acquisitions Investments Ireland DAC 3.200%, 09/23/2026		12,537,000		13,523,236
Stanford Health Care 3.310%, 08/15/2030		4,679,000		5,143,169
Universal Health Services, Inc.
1.650%, 09/01/2026 (B)		7,142,000		7,100,094

Select Bond Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Health care (continued)
Universal Health Services, Inc. (continued)
2.650%, 10/15/2030 (B)	$	7,813,000	$	7,848,471
Viatris, Inc.
2.300%, 06/22/2027 (B)		4,139,000		4,226,250
2.700%, 06/22/2030 (B)		8,660,000		8,754,387
4.000%, 06/22/2050 (B)		10,136,000		10,773,171
				217,486,735
Industrials – 5.2%
Adani Ports & Special Economic Zone, Ltd. 3.100%, 02/02/2031 (B)		6,679,000		6,382,036
AerCap Ireland Capital DAC
1.750%, 01/30/2026		9,702,000		9,602,890
2.875%, 08/14/2024		9,926,000		10,341,081
3.650%, 07/21/2027		3,468,000		3,683,802
Air Canada 2013-1 Class A Pass Through Trust 4.125%, 05/15/2025 (B)		2,793,972		2,851,762
Air Canada 2017-1 Class B Pass Through Trust 3.700%, 01/15/2026 (B)		3,997,936		3,855,293
Air Lease Corp.
2.100%, 09/01/2028		4,433,000		4,303,680
2.875%, 01/15/2026		4,391,000		4,588,136
3.625%, 12/01/2027		4,932,000		5,281,897
Alaska Airlines 2020-1 Class B Pass Through Trust 8.000%, 08/15/2025 (B)		12,102,959		13,548,946
American Airlines 2016-1 Class A Pass Through Trust 4.100%, 01/15/2028		7,939,384		7,924,788
American Airlines 2016-1 Class AA Pass Through Trust 3.575%, 01/15/2028		6,952,083		7,202,270
American Airlines 2017-1 Class A Pass Through Trust 4.000%, 02/15/2029		5,277,344		5,185,432
American Airlines 2017-1 Class AA Pass Through Trust 3.650%, 02/15/2029		6,066,406		6,326,146
American Airlines 2017-2 Class A Pass Through Trust 3.600%, 10/15/2029		4,787,069		4,657,350
American Airlines 2019-1 Class A Pass Through Trust 3.500%, 02/15/2032		4,841,635		4,691,581
American Airlines 2019-1 Class AA Pass Through Trust 3.150%, 02/15/2032		7,253,265		7,387,297
Ashtead Capital, Inc.
1.500%, 08/12/2026 (B)		4,620,000		4,572,061
4.250%, 11/01/2029 (B)		4,031,000		4,427,174
British Airways 2013-1 Class A Pass Through Trust 4.625%, 06/20/2024 (B)		2,881,558		3,035,652
British Airways 2018-1 Class A Pass Through Trust 4.125%, 09/20/2031 (B)		1,594,066		1,611,359
British Airways 2020-1 Class A Pass Through Trust 4.250%, 11/15/2032 (B)		2,595,120		2,798,247
British Airways 2020-1 Class B Pass Through Trust 8.375%, 11/15/2028 (B)		3,686,113		4,327,927

 

191

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Select 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	$	1,478,605	$	1,492,996
CoStar Group, Inc. 2.800%, 07/15/2030 (B)		10,366,000		10,542,961
DAE Funding LLC 3.375%, 03/20/2028 (B)		11,546,000		11,898,384
Delta Air Lines, Inc.
2.900%, 10/28/2024		15,545,000		15,917,583
3.800%, 04/19/2023		6,835,000		7,115,167
4.375%, 04/19/2028 (C)		9,405,000		10,088,296
4.500%, 10/20/2025 (B)		2,059,000		2,203,130
4.750%, 10/20/2028 (B)		3,684,000		4,107,660
General Electric Company
4.250%, 05/01/2040		11,225,000		13,113,156
5.550%, 01/05/2026		12,038,000		14,092,702
GXO Logistics, Inc. 2.650%, 07/15/2031 (B)		18,285,000		18,168,067
Huntington Ingalls Industries, Inc.
3.844%, 05/01/2025		4,251,000		4,604,118
4.200%, 05/01/2030		9,417,000		10,629,116
IHS Markit, Ltd.
4.000%, 03/01/2026 (B)		8,327,000		9,161,449
4.750%, 02/15/2025 (B)		2,050,000		2,267,956
4.750%, 08/01/2028		4,190,000		4,905,862
JetBlue 2019-1 Class AA Pass Through Trust 2.750%, 05/15/2032		7,396,784		7,428,889
Owens Corning 3.950%, 08/15/2029		8,341,000		9,306,251
Quanta Services, Inc. 0.950%, 10/01/2024		4,323,000		4,324,989
SMBC Aviation Capital Finance DAC 2.300%, 06/15/2028 (B)		3,894,000		3,907,066
The Boeing Company
3.200%, 03/01/2029		8,456,000		8,799,331
5.040%, 05/01/2027		12,324,000		14,176,612
5.150%, 05/01/2030		9,011,000		10,576,121
5.805%, 05/01/2050		6,872,000		9,160,172
United Airlines 2014-2 Class A Pass Through Trust 3.750%, 09/03/2026		10,073,615		10,647,466
United Airlines 2016-1 Class A Pass Through Trust 3.450%, 07/07/2028		8,907,908		8,945,276
United Airlines 2016-1 Class B Pass Through Trust 3.650%, 01/07/2026		8,875,434		8,777,107
United Airlines 2018-1 Class B Pass Through Trust 4.600%, 03/01/2026		2,706,422		2,747,213
United Airlines 2019-1 Class A Pass Through Trust 4.550%, 08/25/2031		6,635,823		7,041,248
United Airlines 2020-1 Class A Pass Through Trust 5.875%, 10/15/2027		17,450,442		19,431,723
United Airlines 2020-1 Class B Pass Through Trust 4.875%, 01/15/2026		4,216,270		4,449,169
US Airways 2010-1 Class A Pass Through Trust 6.250%, 04/22/2023		1,702,931		1,742,696

Select Bond Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Industrials (continued)
US Airways 2012-1 Class A Pass Through Trust 5.900%, 10/01/2024	$	7,395,095	$	7,791,205
US Airways 2012-2 Class A Pass Through Trust 4.625%, 06/03/2025		3,753,585		3,750,769
				411,898,713
Information technology – 4.9%
Autodesk, Inc. 2.850%, 01/15/2030		4,681,000		4,880,972
Broadcom, Inc.
3.419%, 04/15/2033 (B)		18,199,000		18,839,090
4.750%, 04/15/2029		36,324,000		41,716,299
5.000%, 04/15/2030		14,161,000		16,536,696
CGI, Inc. 1.450%, 09/14/2026 (B)		8,030,000		7,945,731
Citrix Systems, Inc. 1.250%, 03/01/2026		13,442,000		13,222,480
Dell International LLC
4.900%, 10/01/2026		12,456,000		14,348,814
5.300%, 10/01/2029		11,357,000		13,728,536
5.850%, 07/15/2025		4,251,000		4,945,649
8.350%, 07/15/2046		8,532,000		13,837,679
Hewlett Packard Enterprise Company 4.900%, 10/15/2025		10,479,000		11,859,913
Jabil, Inc. 1.700%, 04/15/2026		6,797,000		6,832,638
KLA Corp. 4.100%, 03/15/2029		7,616,000		8,667,542
Lam Research Corp.
4.000%, 03/15/2029		15,023,000		17,243,316
4.875%, 03/15/2049		5,964,000		8,039,337
Marvell Technology, Inc.
2.450%, 04/15/2028 (B)		11,200,000		11,410,220
4.875%, 06/22/2028 (B)		10,319,000		11,919,358
Micron Technology, Inc.
4.185%, 02/15/2027		22,492,000		25,289,892
4.975%, 02/06/2026		5,650,000		6,460,662
5.327%, 02/06/2029		19,168,000		22,793,627
Motorola Solutions, Inc.
2.300%, 11/15/2030		11,690,000		11,489,552
2.750%, 05/24/2031		12,426,000		12,680,939
4.600%, 05/23/2029		2,582,000		2,998,543
NXP BV
3.250%, 05/11/2041 (B)		3,717,000		3,839,005
3.875%, 06/18/2026 (B)		12,831,000		14,136,281
Oracle Corp. 2.950%, 04/01/2030		18,106,000		18,966,676
PayPal Holdings, Inc. 2.850%, 10/01/2029		13,135,000		14,020,319
Qorvo, Inc. 3.375%, 04/01/2031 (B)		5,277,000		5,564,069
VeriSign, Inc. 2.700%, 06/15/2031		5,582,000		5,673,210
VMware, Inc. 4.700%, 05/15/2030		12,282,000		14,478,582
				384,365,627
Materials – 0.9%
Anglo American Capital PLC 4.750%, 04/10/2027 (B)		5,485,000		6,242,472
Berry Global, Inc. 1.570%, 01/15/2026 (B)		9,564,000		9,561,513
Colonial Enterprises, Inc. 3.250%, 05/15/2030 (B)		21,491,000		23,149,164

 

192

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Select Bond Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Materials (continued)
Ecolab, Inc. 1.300%, 01/30/2031	$	12,758,000	$	12,016,386
International Flavors & Fragrances, Inc. 1.832%, 10/15/2027 (B)		3,042,000		3,046,470
Inversiones CMPC SA 3.850%, 01/13/2030 (B)		3,668,000		3,878,910
Newmont Corp. 2.800%, 10/01/2029		3,464,000		3,602,791
Orbia Advance Corp. SAB de CV 5.500%, 01/15/2048 (B)		3,490,000		4,105,113
Vulcan Materials Company 3.500%, 06/01/2030		6,839,000		7,507,854
				73,110,673
Real estate – 2.8%
American Homes 4 Rent LP 4.250%, 02/15/2028		4,327,000		4,898,330
American Tower Corp.
3.550%, 07/15/2027		14,505,000		15,806,149
3.800%, 08/15/2029		6,600,000		7,318,723
Crown Castle International Corp.
3.300%, 07/01/2030		3,145,000		3,351,764
3.650%, 09/01/2027		11,831,000		13,007,866
3.800%, 02/15/2028		4,658,000		5,122,297
CyrusOne LP
2.150%, 11/01/2030		3,797,000		3,567,965
3.450%, 11/15/2029		8,590,000		8,946,485
Equinix, Inc.
1.550%, 03/15/2028		9,456,000		9,244,345
1.800%, 07/15/2027		5,384,000		5,409,885
2.500%, 05/15/2031		14,515,000		14,613,775
3.200%, 11/18/2029		12,260,000		13,007,065
GLP Capital LP 5.375%, 04/15/2026		7,596,000		8,636,272
Host Hotels & Resorts LP
3.375%, 12/15/2029		10,874,000		11,192,106
3.500%, 09/15/2030		7,110,000		7,385,875
3.875%, 04/01/2024		17,397,000		18,423,174
4.000%, 06/15/2025		13,557,000		14,533,369
4.500%, 02/01/2026		4,859,000		5,321,982
Prologis LP 2.250%, 04/15/2030		12,243,000		12,462,848
SBA Tower Trust
2.328%, 01/15/2028 (B)		21,448,000		21,856,707
2.836%, 01/15/2025 (B)		7,899,000		8,180,798
Ventas Realty LP 3.500%, 02/01/2025		4,775,000		5,109,250
				217,397,030
Utilities – 1.6%
ABY Transmision Sur SA 6.875%, 04/30/2043 (B)		2,569,121		3,320,872
AES Panama Generation Holdings SRL 4.375%, 05/31/2030 (B)		5,952,000		6,136,512
Dominion Energy, Inc. 3.375%, 04/01/2030		6,792,000		7,357,337
Emera US Finance LP 3.550%, 06/15/2026		6,192,000		6,692,881
Engie Energia Chile SA 3.400%, 01/28/2030 (B)		8,250,000		8,476,875
Infraestructura Energetica Nova SAB de CV 4.750%, 01/15/2051 (B)		12,007,000		12,355,203
NiSource, Inc.
1.700%, 02/15/2031		27,237,000		25,656,962
3.600%, 05/01/2030		4,887,000		5,357,493

Select Bond Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Utilities (continued)
NRG Energy, Inc.
2.450%, 12/02/2027 (B)	$	7,276,000	$	7,383,469
4.450%, 06/15/2029 (B)		5,451,000		6,030,941
Vistra Operations Company LLC
3.550%, 07/15/2024 (B)		12,479,000		13,125,723
3.700%, 01/30/2027 (B)		13,509,000		14,246,447
4.300%, 07/15/2029 (B)		11,424,000		12,175,200
				128,315,915
TOTAL CORPORATE BONDS (Cost $3,007,294,937)			$	3,156,618,862
MUNICIPAL BONDS – 1.6%
City of New York, GO 0.982%, 08/01/2025		12,545,000		12,567,607
Foothill-Eastern Transportation Corridor Agency (California) 4.094%, 01/15/2049		8,396,000		8,852,570
Maryland Health & Higher Educational Facilities Authority 3.197%, 07/01/2050		14,500,000		14,924,414
Mississippi Hospital Equipment & Facilities Authority 3.720%, 09/01/2026		7,677,000		8,025,897
New Jersey Transportation Trust Fund Authority
4.081%, 06/15/2039		9,117,000		10,348,143
4.131%, 06/15/2042		790,000		898,562
Ohio Turnpike & Infrastructure Commission 3.216%, 02/15/2048		6,950,000		7,137,711
Port Authority of New York & New Jersey 1.086%, 07/01/2023		19,174,000		19,420,639
Regents of the University of California Medical Center Pooled Revenue 3.006%, 05/15/2050		14,500,000		14,828,045
State Board of Administration Finance Corp. (Florida) 1.705%, 07/01/2027		12,324,000		12,522,331
University of California 1.316%, 05/15/2027		14,360,000		14,364,660
TOTAL MUNICIPAL BONDS (Cost $120,904,556)			$	123,890,579
COLLATERALIZED MORTGAGE OBLIGATIONS – 8.6%
Commercial and residential – 7.5%
Angel Oak Mortgage Trust LLC
Series 2020-R1, Class A1, 0.990%, 04/25/2053 (B)(F)		6,723,196		6,715,062
Series 2021-2, Class A1, 0.985%, 04/25/2066 (B)(F)		4,759,509		4,774,505
Series 2021-4, Class A1, 1.035%, 01/20/2065 (B)(F)		9,318,106		9,303,154
Series 2021-5, Class A1, 0.951%, 07/25/2066 (B)(F)		10,990,374		10,968,088
Arroyo Mortgage Trust Series 2021-1R, Class A1 1.175%, 10/25/2048 (B)(F)		7,121,881		7,127,081
BAMLL Commercial Mortgage Securities Trust
Series 2015-200P, Class A, 3.218%, 04/14/2033 (B)		5,706,000		6,061,078
Series 2015-200P, Class C, 3.596%, 04/14/2033 (B)(F)		6,760,000		7,164,844

 

193

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Select Bond Trust (continued)

		Shares or Principal Amount	Value
COLLATERALIZED MORTGAGE OBLIGATIONS (continued)
Commercial and residential (continued)
BBCMS Mortgage Trust Series 2020-C6, Class A2 2.690%, 02/15/2053	$	4,700,000	$	4,897,250
Benchmark Mortgage Trust
Series 2018-B1, Class A2, 3.571%, 01/15/2051		9,840,000		10,083,833
Series 2019-B12, Class A2, 3.001%, 08/15/2052		8,685,000		9,101,342
BRAVO Residential Funding Trust Series 2021-NQM1, Class A1 0.941%, 02/25/2049 (B)(F)		4,426,549		4,432,961
BX Commercial Mortgage Trust
Series 2018-BIOA, Class D (1 month LIBOR + 1.321%), 1.427%, 03/15/2037 (B)(E)		7,242,000		7,244,133
Series 2020-VKNG, Class A (1 month LIBOR + 0.930%), 1.036%, 10/15/2037 (B)(E)		9,676,000		9,694,106
Series 2021-VOLT, Class C (1 month LIBOR + 1.100%), 1.200%, 09/15/2036 (B)(E)		7,399,000		7,403,630
BX Trust Series 2021-MFM1, Class D (1 month LIBOR + 1.500%) 1.606%, 01/15/2034 (B)(E)		2,033,000		2,035,548
BXHPP Trust Series 2021-FILM, Class C (1 month LIBOR + 1.100%) 1.196%, 08/15/2036 (B)(E)		9,990,000		9,998,989
CAMB Commercial Mortgage Trust Series 2019-LIFE, Class D (1 month LIBOR + 1.750%) 1.834%, 12/15/2037 (B)(E)		1,944,000		1,945,802
Cantor Commercial Real Estate Lending Series 2019-CF1, Class A2 3.623%, 05/15/2052		10,780,000		11,410,932
Citigroup Commercial Mortgage Trust
Series 2019-PRM, Class A, 3.341%, 05/10/2036 (B)		6,695,000		7,076,949
Series 2019-SMRT, Class A, 4.149%, 01/10/2036 (B)		3,645,000		3,897,784
Series 2020-GC46, Class A2, 2.708%, 02/15/2053		13,170,000		13,706,350
COLT Mortgage Loan Trust
Series 2020-1, Class A1, 2.488%, 02/25/2050 (B)(F)		1,428,325		1,429,078
Series 2021-2, Class A1, 0.924%, 08/25/2066 (B)(F)		7,604,478		7,594,948
Series 2021-3, Class A1, 0.956%, 09/27/2066 (B)(F)		10,318,937		10,288,028
Series 2021-HX1, Class A1, 1.110%, 10/25/2066 (B)(F)		8,779,000		8,811,946
COLT Trust Series 2020-RPL1, Class A1 1.390%, 01/25/2065 (B)(F)		12,284,398		12,287,130
Commercial Mortgage Trust (Cantor Fitzgerald/Deutsche Bank AG) Series 2020-CX, Class D 2.683%, 11/10/2046 (B)(F)		4,291,000		4,246,113
Commercial Mortgage Trust (Deutsche Bank AG) Series 2020-CBM, Class A2 2.896%, 02/10/2037 (B)		5,531,000		5,727,131

Select Bond Trust (continued)

		Shares or Principal Amount	Value
COLLATERALIZED MORTGAGE OBLIGATIONS (continued)
Commercial and residential (continued)
Credit Suisse Mortgage Capital Certificates
Series 2019-ICE4, Class B (1 month LIBOR + 1.230%), 1.336%, 05/15/2036 (B)(E)	$	3,709,000	$	3,711,641
Series 2019-ICE4, Class D (1 month LIBOR + 1.600%), 1.684%, 05/15/2036 (B)(E)		5,837,000		5,853,534
Series 2020-AFC1, Class A1, 2.240%, 02/25/2050 (B)(F)		0		0
Series 2020-NET, Class A, 2.257%, 08/15/2037 (B)		2,236,000		2,297,989
Series 2021-AFC1, Class A1, 0.830%, 03/25/2056 (B)(F)		15,234,554		15,168,662
Series 2021-NQM2, Class A1, 1.179%, 02/25/2066 (B)(F)		7,556,721		7,562,345
Series 2021-NQM3, Class A1, 1.015%, 04/25/2066 (B)(F)		6,307,672		6,299,785
Series 2021-NQM5, Class A1, 0.938%, 05/25/2066 (B)(F)		5,585,978		5,555,579
Series 2021-NQM6, Class A1, 1.174%, 07/25/2066 (B)(F)		8,928,000		8,926,179
Series 2021-RPL2, Class A1A, 1.115%, 01/25/2060 (B)(F)		14,489,443		14,252,700
DBJPM Mortgage Trust Series 2020-C9, Class A2 1.900%, 08/15/2053		8,675,000		8,841,838
Deephaven Residential Mortgage Trust Series 2021-2, Class A1 0.899%, 04/25/2066 (B)(F)		9,596,254		9,593,838
Ellington Financial Mortgage Trust
Series 2021-1, Class A1, 0.797%, 02/25/2066 (B)(F)		3,917,725		3,911,745
Series 2021-2, Class A1, 0.931%, 06/25/2066 (B)(F)		6,780,555		6,786,352
Flagstar Mortgage Trust Series 2021-1, Class A2 2.500%, 02/01/2051 (B)(F)		12,108,846		12,246,318
GCAT Trust
Series 2021-NQM1, Class A1, 0.874%, 01/25/2066 (B)(F)		7,089,144		7,075,883
Series 2021-NQM2, Class A1, 1.036%, 05/25/2066 (B)(F)		5,258,351		5,251,244
Series 2021-NQM3, Class A1, 1.091%, 05/25/2066 (B)(F)		8,720,051		8,721,201
GS Mortgage Securities Trust
Series 2013-GC12, Class A3, 2.860%, 06/10/2046		11,611,000		11,878,103
Series 2019-GC40, Class A2, 2.971%, 07/10/2052		6,505,000		6,810,966
Series 2020-UPTN, Class A, 2.751%, 02/10/2037 (B)		5,820,000		6,082,061
GS Mortgage-Backed Securities Trust
Series 2020-NQM1, Class A1, 1.382%, 09/27/2060 (B)(F)		2,408,841		2,413,991
Series 2021-NQM1, Class A1, 1.017%, 07/25/2061 (B)(F)		4,502,260		4,503,496
Imperial Fund Mortgage Trust Series 2021-NQM1, Class A1 1.071%, 06/25/2056 (B)(F)		5,059,495		5,056,358
Irvine Core Office Trust Series 2013-IRV, Class A2 3.174%, 05/15/2048 (B)(F)		6,620,000		6,872,344

 

194

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Select Bond Trust (continued)

		Shares or Principal Amount	Value
COLLATERALIZED MORTGAGE OBLIGATIONS (continued)
Commercial and residential (continued)
JPMCC Commercial Mortgage Securities Trust Series 2019-COR5, Class A2 3.150%, 06/13/2052	$	17,510,000	$	18,221,626
KNDL Mortgage Trust Series 2019-KNSQ, Class C (1 month LIBOR + 1.050%) 1.156%, 05/15/2036 (B)(E)		7,485,000		7,487,290
Life Mortgage Trust
Series 2021-BMR, Class A (1 month LIBOR + 0.700%), 0.806%, 03/15/2038 (B)(E)		7,467,000		7,474,015
Series 2021-BMR, Class D (1 month LIBOR + 1.400%), 1.506%, 03/15/2038 (B)(E)		5,822,000		5,833,075
MFA Trust
Series 2020-NQM3, Class A1, 1.014%, 01/26/2065 (B)(F)		4,184,514		4,190,447
Series 2021-INV1, Class A1, 0.852%, 01/25/2056 (B)(F)		11,311,665		11,287,737
Series 2021-NQM1, Class A1, 1.153%, 04/25/2065 (B)(F)		5,934,504		5,937,681
Morgan Stanley Capital I Trust Series 2017-CLS, Class D (1 month LIBOR + 1.400%) 1.506%, 11/15/2034 (B)(E)		5,105,000		5,106,615
New Residential Mortgage Loan Trust Series 2020-1A, Class A1B 3.500%, 10/25/2059 (B)(F)		3,827,263		3,998,348
NMLT Trust Series 2021-INV1, Class A1 1.185%, 05/25/2056 (B)(F)		12,651,536		12,645,943
OBX Trust
Series 2020-EXP2, Class A3, 2.500%, 05/25/2060 (B)(F)		4,021,348		4,080,436
Series 2021-NQM2, Class A1, 1.101%, 05/25/2061 (B)(F)		9,108,114		9,134,837
Series 2021-NQM3, Class A1, 1.054%, 07/25/2061 (B)(F)		9,833,149		9,831,679
Provident Funding Mortgage Trust Series 2020-F1, Class A2 2.000%, 01/25/2036 (B)(F)		10,672,304		10,813,810
SLG Office Trust Series 2021-OVA, Class C 2.851%, 07/15/2041 (B)		13,468,000		13,852,521
Starwood Mortgage Residential Trust
Series 2020-3, Class A1, 1.486%, 04/25/2065 (B)(F)		3,415,933		3,430,425
Series 2021-2, Class A1, 0.943%, 05/25/2065 (B)(F)		7,593,503		7,587,855
Verus Securitization Trust
Series 2020-5, Class A1, 1.218%, 05/25/2065 (B)		3,094,175		3,102,990
Series 2021-1, Class A1, 0.815%, 01/25/2066 (B)(F)		7,502,833		7,493,033
Series 2021-3, Class A1, 1.046%, 06/25/2066 (B)(F)		9,293,452		9,322,094
Series 2021-4, Class A1, 0.938%, 07/25/2066 (B)(F)		4,360,787		4,355,793
Series 2021-5, Class A1, 1.013%, 09/25/2066 (B)(F)		7,671,000		7,659,929
Series 2021-R1, Class A1, 0.820%, 10/25/2063 (B)(F)		5,864,102		5,857,678

Select Bond Trust (continued)

		Shares or Principal Amount	Value
COLLATERALIZED MORTGAGE OBLIGATIONS (continued)
Commercial and residential (continued)
Verus Securitization Trust (continued)
Series 2021-R2, Class A1, 0.918%, 02/25/2064 (B)(F)	$	5,617,677	$	5,599,965
Visio Trust Series 2020-1R, Class A1 1.312%, 11/25/2055 (B)		11,113,317		11,142,881
Wells Fargo Commercial Mortgage Trust Series 2019-C51, Class A2 3.039%, 06/15/2052		13,310,000		13,877,397
				590,428,047
U.S. Government Agency – 1.1%
Federal Home Loan Mortgage Corp.
Series K017, Class X1 IO, 1.550%, 12/25/2021		53,578,617		2,073
Series K018, Class X1 IO, 1.235%, 01/25/2022		70,734,029		2,695
Series K021, Class X1 IO, 1.400%, 06/25/2022		28,311,414		114,715
Series K022, Class X1 IO, 1.175%, 07/25/2022		134,458,910		896,115
Series K026, Class X1 IO, 0.954%, 11/25/2022		150,078,438		1,303,251
Series K038, Class X1 IO, 1.113%, 03/25/2024		51,410,678		1,149,347
Series K048, Class X1 IO, 0.236%, 06/25/2025		157,270,711		1,266,438
Government National Mortgage Association
Series 2012-114, Class IO, 0.692%, 01/16/2053		21,655,731		462,001
Series 2016-174, Class IO, 0.858%, 11/16/2056		20,038,929		1,057,458
Series 2017-109, Class IO, 0.507%, 04/16/2057		23,213,644		767,443
Series 2017-124, Class IO, 0.677%, 01/16/2059		24,918,499		1,163,714
Series 2017-135, Class IO, 0.774%, 10/16/2058		44,113,472		2,098,919
Series 2017-140, Class IO, 0.565%, 02/16/2059		21,494,113		912,210
Series 2017-159, Class IO, 0.506%, 06/16/2059		32,005,638		1,500,460
Series 2017-20, Class IO, 0.695%, 12/16/2058		47,261,037		1,928,009
Series 2017-22, Class IO, 0.773%, 12/16/2057		18,488,671		942,784
Series 2017-41, Class IO, 0.699%, 07/16/2058		23,129,741		982,519
Series 2017-46, Class IO, 0.641%, 11/16/2057		21,377,219		969,592
Series 2017-61, Class IO, 0.698%, 05/16/2059		28,469,477		1,480,925
Series 2018-158, Class IO, 0.717%, 05/16/2061		25,478,408		1,641,166
Series 2018-69, Class IO, 0.566%, 04/16/2060		28,408,746		1,681,826
Series 2019-131, Class IO, 0.922%, 07/16/2061		36,567,474		2,439,358
Series 2020-100, Class IO, 0.909%, 05/16/2062		32,963,104		2,484,818
Series 2020-108, Class IO, 0.933%, 06/16/2062		83,098,890		6,307,704

 

195

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Select Bond Trust (continued)

		Shares or Principal Amount	Value
COLLATERALIZED MORTGAGE OBLIGATIONS (continued)
U.S. Government Agency (continued)
Government National Mortgage Association (continued)
Series 2020-114, Class IO, 0.927%, 09/16/2062	$	84,338,776	$	6,472,377
Series 2020-118, Class IO, 1.047%, 06/16/2062		58,027,911		4,595,346
Series 2020-119, Class IO, 0.813%, 08/16/2062		35,643,705		2,534,884
Series 2020-120, Class IO, 0.853%, 05/16/2062		17,325,077		1,325,036
Series 2020-137, Class IO, 0.844%, 09/16/2062		101,090,485		7,409,093
Series 2020-150, Class IO, 0.984%, 12/16/2062		50,263,880		4,135,476
Series 2020-170, Class IO, 0.886%, 11/16/2062		70,364,930		5,626,521
Series 2020-92, Class IO, 1.016%, 02/16/2062		71,807,801		5,705,194
Series 2021-10, Class IO, 1.000%, 05/16/2063		48,264,868		4,236,878
Series 2021-11, Class IO, 1.022%, 12/16/2062		73,524,187		6,497,884
Series 2021-3, Class IO, 0.958%, 09/16/2062		86,811,861		7,089,847
Series 2021-40, Class IO, 0.843%, 02/16/2063		21,837,940		1,700,765
				90,884,841
TOTAL COLLATERALIZED MORTGAGE OBLIGATIONS (Cost $721,293,998)			$	681,312,888
ASSET BACKED SECURITIES – 17.2%
ABPCI Direct Lending Fund I, Ltd. Series 2020-1A, Class A 3.199%, 12/20/2030 (B)		9,473,000		9,488,953
AGL CLO 5, Ltd. Series 2020-5A, Class A1R (3 month LIBOR + 1.160%) 1.311%, 07/20/2034 (B)(E)		7,443,000		7,447,004
Aligned Data Centers Issuer LLC Series 2021-1A, Class A2 1.937%, 08/15/2046 (B)		12,363,000		12,424,334
AmeriCredit Automobile Receivables Trust Series 2020-1, Class C 1.590%, 10/20/2025		7,850,000		7,982,736
AMSR Trust
Series 2020-SFR1, Class A 1.819%, 04/17/2037 (B)		9,026,339		9,108,809
Series 2020-SFR2, Class A 1.632%, 07/17/2037 (B)		17,232,000		17,367,669
Series 2020-SFR4, Class A 1.355%, 11/17/2037 (B)		12,046,000		12,021,959
Series 2021-SFR1, Class B 2.153%, 06/17/2038 (B)(F)		7,203,000		7,183,986
Applebee's Funding LLC Series 2019-1A, Class A2I 4.194%, 06/07/2049 (B)		10,925,640		11,117,166
Aqua Finance Trust Series 2021-A, Class A 1.540%, 07/17/2046 (B)		4,964,000		4,955,911
Arby's Funding LLC Series 2020-1A, Class A2 3.237%, 07/30/2050 (B)		10,401,930		10,787,061

Select Bond Trust (continued)

		Shares or Principal Amount	Value
ASSET BACKED SECURITIES (continued)
Avis Budget Rental Car Funding AESOP LLC
Series 2019-3A, Class A 2.360%, 03/20/2026 (B)	$	10,031,000	$	10,433,507
Series 2020-1A, Class A 2.330%, 08/20/2026 (B)		6,188,000		6,432,060
BA Credit Card Trust Series 2021-A1, Class A1 0.440%, 09/15/2026		17,014,000		16,973,444
Bain Capital Credit CLO, Ltd. Series 2017-1A, Class BR (3 month LIBOR + 1.500%) 1.686%, 07/20/2030 (B)(E)		8,160,000		8,160,424
Balboa Bay Loan Funding, Ltd. Series 2021-1A, Class A (3 month LIBOR + 1.200%) 1.347%, 07/20/2034 (B)(E)		3,723,000		3,725,625
Benefit Street Partners CLO XX, Ltd. Series 2020-20A, Class AR (3 month LIBOR + 1.170%) 1.299%, 07/15/2034 (B)(E)		14,542,000		14,544,530
Bojangles Issuer LLC Series 2020-1A, Class A2 3.832%, 10/20/2050 (B)		5,760,000		5,966,427
BRE Grand Islander Timeshare Issuer LLC Series 2019-A, Class A 3.280%, 09/26/2033 (B)		3,791,012		3,953,951
CarMax Auto Owner Trust
Series 2020-3, Class A3 0.620%, 03/17/2025		10,590,000		10,628,837
Series 2020-3, Class A4 0.770%, 03/16/2026		4,680,000		4,710,815
CARS-DB4 LP Series 2020-1A, Class A1 2.690%, 02/15/2050 (B)		8,809,891		9,036,655
Carvana Auto Receivables Trust Series 2020-P1, Class A4 0.610%, 10/08/2026		6,886,000		6,852,343
CF Hippolyta LLC
Series 2020-1, Class A1 1.690%, 07/15/2060 (B)		10,930,984		11,079,094
Series 2021-1A, Class A1 1.530%, 03/15/2061 (B)		10,261,530		10,328,861
Chase Auto Credit Linked Notes Series 2021-3, Class B 0.760%, 02/26/2029 (B)		6,592,519		6,588,879
CLI Funding VI LLC Series 2020-1A, Class A 2.080%, 09/18/2045 (B)		13,767,410		13,846,022
CLI Funding VIII LLC Series 2021-1A, Class A 1.640%, 02/18/2046 (B)		11,075,578		10,933,282
CoreVest American Finance Trust
Series 2019-3, Class A 2.705%, 10/15/2052 (B)		1,881,542		1,959,347
Series 2020-3, Class A 1.358%, 08/15/2053 (B)		6,395,277		6,339,506
Series 2021-1, Class A 1.569%, 04/15/2053 (B)		8,655,243		8,657,620
Series 2021-2, Class A 1.408%, 07/15/2054 (B)		8,739,054		8,647,542
DataBank Issuer Series 2021-1A, Class A2 2.060%, 02/27/2051 (B)		15,959,000		15,926,779

 

196

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Select Bond Trust (continued)

		Shares or Principal Amount	Value
ASSET BACKED SECURITIES (continued)
DB Master Finance LLC Series 2017-1A, Class A2II 4.030%, 11/20/2047 (B)	$	4,157,220	$	4,383,535
Diamond Infrastructure Funding LLC Series 2021-1A, Class A 1.760%, 04/15/2049 (B)		8,859,000		8,734,846
Domino's Pizza Master Issuer LLC
Series 2017-1A, Class A23 4.118%, 07/25/2047 (B)		11,852,130		12,722,017
Series 2021-1A, Class A2I 2.662%, 04/25/2051 (B)		7,660,800		7,878,489
Driven Brands Funding LLC
Series 2018-1A, Class A2 4.739%, 04/20/2048 (B)		3,657,150		3,868,219
Series 2020-2A, Class A2 3.237%, 01/20/2051 (B)		7,557,025		7,763,929
Series 2021-1A, Class A2 2.791%, 10/20/2051 (B)		9,288,000		9,288,000
Elara HGV Timeshare Issuer LLC Series 2019-A, Class A 2.610%, 01/25/2034 (B)		5,177,855		5,276,770
Exeter Automobile Receivables Trust
Series 2020-1A, Class C 2.490%, 01/15/2025 (B)		14,330,000		14,512,210
Series 2021-1A, Class C 0.740%, 01/15/2026		4,763,000		4,772,956
FirstKey Homes Trust
Series 2020-SFR1, Class A 1.339%, 08/17/2037 (B)		12,502,519		12,509,855
Series 2020-SFR2, Class A 1.266%, 10/19/2037 (B)		13,719,861		13,676,829
Series 2021-SFR1, Class A 1.538%, 08/17/2038 (B)		11,427,000		11,410,867
Series 2021-SFR1, Class C 1.888%, 08/17/2038 (B)		12,224,000		12,155,643
Five Guys Funding LLC Series 2017-1A, Class A2 4.600%, 07/25/2047 (B)		5,984,775		6,243,748
Ford Credit Auto Owner Trust
Series 2018-1, Class A 3.190%, 07/15/2031 (B)		26,635,000		28,518,992
Series 2018-2, Class A 3.470%, 01/15/2030 (B)		10,877,000		11,455,021
Series 2020-1, Class A 2.040%, 08/15/2031 (B)		12,180,000		12,594,568
Series 2021-1, Class A 1.370%, 10/17/2033 (B)		9,786,000		9,827,325
Ford Credit Floorplan Master Owner Trust
Series 2019-2, Class A 3.060%, 04/15/2026		14,258,000		15,092,883
Series 2020-2, Class A 1.060%, 09/15/2027		15,316,000		15,281,580
GM Financial Automobile Leasing Trust Series 2021-2, Class A4 0.410%, 05/20/2025		2,724,000		2,722,271
GMF Floorplan Owner Revolving Trust
Series 2019-2, Class A 2.900%, 04/15/2026 (B)		11,385,000		12,017,557
Series 2020-1, Class A 0.680%, 08/15/2025 (B)		5,302,000		5,322,450
Golden Credit Card Trust Series 2018-4A, Class A 3.440%, 08/15/2025 (B)		18,115,000		19,138,838
Golub Capital Partners Funding, Ltd.
Series 2020-1A, Class A2 3.208%, 01/22/2029 (B)		7,732,000		7,763,075

Select Bond Trust (continued)

		Shares or Principal Amount	Value
ASSET BACKED SECURITIES (continued)
Golub Capital Partners Funding, Ltd. (continued)
Series 2021-1A, Class A2 2.773%, 04/20/2029 (B)	$	7,002,000	$	6,961,058
GreatAmerica Leasing Receivables Funding LLC Series 2019-1, Class A4 3.210%, 02/18/2025 (B)		7,484,000		7,672,713
HalseyPoint CLO II, Ltd. Series 2020-2A, Class B (3 month LIBOR + 2.950%) 3.138%, 07/20/2031 (B)(E)		5,796,000		5,823,444
Hilton Grand Vacations Trust Series 2018-AA, Class A 3.540%, 02/25/2032 (B)		2,436,713		2,554,145
Home Partners of America Trust
Series 2019-1, Class A 2.908%, 09/17/2039 (B)		12,972,154		13,217,566
Series 2021-1, Class A 1.698%, 09/19/2041 (B)		13,249,725		13,202,547
Honda Auto Receivables Owner Trust Series 2021-2, Class A4 0.550%, 08/16/2027		5,429,000		5,401,445
Jack in the Box Funding LLC
Series 2019-1A, Class A23 4.970%, 08/25/2049 (B)		5,790,245		6,325,605
Series 2019-1A, Class A2I 3.982%, 08/25/2049 (B)		4,813,625		4,912,044
John Deere Owner Trust Series 2020-B, Class A4 0.720%, 06/15/2027		5,935,000		5,962,205
Laurel Road Prime Student Loan Trust Series 2019-A, Class A2FX 2.730%, 10/25/2048 (B)		1,326,954		1,349,766
Madison Park Funding XXIII, Ltd.
Series 2017-23A, Class AR (3 month LIBOR + 0.970%) 1.125%, 07/27/2031 (B)(E)		10,419,000		10,421,386
Series 2017-23A, Class BR (3 month LIBOR + 1.550%) 1.705%, 07/27/2031 (B)(E)		10,046,000		10,049,004
Monroe Capital Funding, Ltd. Series 2021-1A, Class A2 2.815%, 04/22/2031 (B)		13,424,000		13,273,479
MVW LLC Series 2020-1A, Class A 1.740%, 10/20/2037 (B)		14,271,943		14,431,134
MVW Owner Trust Series 2018-1A, Class A 3.450%, 01/21/2036 (B)		4,307,405		4,464,712
Navient Private Education Loan Trust Series 2016-AA, Class A2A 3.910%, 12/15/2045 (B)		2,512,942		2,644,285
Navient Private Education Refi Loan Trust
Series 2019-EA, Class A2A 2.640%, 05/15/2068 (B)		5,684,579		5,794,522
Series 2019-FA, Class A2 2.600%, 08/15/2068 (B)		5,565,965		5,686,347
Series 2020-BA, Class A2 2.120%, 01/15/2069 (B)		10,885,186		11,042,693
Series 2020-GA, Class A 1.170%, 09/16/2069 (B)		9,491,298		9,540,747
Series 2020-HA, Class A 1.310%, 01/15/2069 (B)		12,216,295		12,298,258
Series 2021-A, Class A 0.840%, 05/15/2069 (B)		11,692,036		11,674,975

 

197

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Select Bond Trust (continued)

		Shares or Principal Amount	Value
ASSET BACKED SECURITIES (continued)
Navient Student Loan Trust Series 2020-2A, Class A1A 1.320%, 08/26/2069 (B)	$	8,140,773	$	8,025,030
Neighborly Issuer LLC Series 2021-1A, Class A2 3.584%, 04/30/2051 (B)		13,563,008		13,973,356
Neuberger Berman CLO XX, Ltd.
Series 2015-20A, Class ARR (3 month LIBOR + 1.160%) 1.327%, 07/15/2034 (B)(E)		2,972,000		2,975,192
Series 2015-20A, Class BRR (3 month LIBOR + 1.650%) 1.818%, 07/15/2034 (B)(E)		2,978,000		2,981,178
NRZ Excess Spread-Collateralized Notes
Series 2020-PLS1, Class A 3.844%, 12/25/2025 (B)		2,835,488		2,865,542
Series 2021-FHT1, Class A 3.104%, 07/25/2026 (B)		2,620,636		2,629,974
Oaktree CLO, Ltd. Series 2021-1A, Class A1 (3 month LIBOR + 1.160%) 1.288%, 07/15/2034 (B)(E)		11,169,000		11,176,997
Oxford Finance Funding LLC Series 2020-1A, Class A2 3.101%, 02/15/2028 (B)		9,574,000		9,815,830
PFS Financing Corp.
Series 2018-F, Class A 3.520%, 10/15/2023 (B)		7,260,000		7,248,996
Series 2019-C, Class A 2.230%, 10/15/2024 (B)		4,070,000		4,149,748
Series 2020-E, Class A 1.000%, 10/15/2025 (B)		6,863,000		6,917,446
Progress Residential Trust
Series 2020-SFR1, Class A 1.732%, 04/17/2037 (B)		7,750,000		7,811,190
Series 2020-SFR2, Class A 2.078%, 06/17/2037 (B)		3,574,000		3,629,827
Series 2021-SFR1, Class A 1.052%, 04/17/2038 (B)		8,859,000		8,699,045
Series 2021-SFR2, Class A 1.546%, 04/19/2038 (B)		19,375,000		19,329,909
Series 2021-SFR4, Class A 1.558%, 05/17/2038 (B)		9,085,124		9,074,583
Series 2021-SFR5, Class A 1.427%, 07/17/2038 (B)		13,757,000		13,652,129
Series 2021-SFR8, Class B 1.681%, 10/17/2038 (B)		4,514,000		4,476,147
Santander Revolving Auto Loan Trust Series 2019-A, Class A 2.510%, 01/26/2032 (B)		13,489,000		14,162,616
SCF Equipment Leasing LLC
Series 2019-2A, Class C 3.110%, 06/21/2027 (B)		12,112,000		12,619,159
Series 2020-1A, Class A3 1.190%, 10/20/2027 (B)		15,910,000		15,984,192
Series 2021-1A, Class B 1.370%, 08/20/2029 (B)		6,799,000		6,766,446
ServiceMaster Funding LLC Series 2020-1, Class A2II 3.337%, 01/30/2051 (B)		13,976,765		14,475,889
SERVPRO Master Issuer LLC Series 2021-1A, Class A2 2.394%, 04/25/2051 (B)		7,220,903		7,253,519
Sesac Finance LLC Series 2019-1, Class A2 5.216%, 07/25/2049 (B)		10,241,000		10,862,915

Select Bond Trust (continued)

		Shares or Principal Amount	Value
ASSET BACKED SECURITIES (continued)
Sierra Timeshare Receivables Funding LLC
Series 2018-3A, Class A 3.690%, 09/20/2035 (B)	$	2,086,380	$	2,171,582
Series 2021-1A, Class A 0.990%, 11/20/2037 (B)		8,669,234		8,677,279
SMB Private Education Loan Trust
Series 2015-C, Class A2A 2.750%, 07/15/2027 (B)		869,188		874,987
Series 2016-A, Class A2A 2.700%, 05/15/2031 (B)		8,021,212		8,204,892
Series 2019-B, Class A2A 2.840%, 06/15/2037 (B)		9,940,139		10,334,309
Series 2020-PTA, Class A2A 1.600%, 09/15/2054 (B)		8,357,290		8,447,357
Series 2021-A, Class APT2 1.070%, 01/15/2053 (B)		6,297,733		6,203,948
SoFi Professional Loan Program LLC Series 2019-B, Class A2FX 3.090%, 08/17/2048 (B)		2,380,008		2,448,154
Sonic Capital LLC
Series 2020-1A, Class A2I 3.845%, 01/20/2050 (B)		8,677,959		9,130,376
Series 2020-1A, Class A2II 4.336%, 01/20/2050 (B)		6,978,571		7,533,339
Series 2021-1A, Class A2I 2.190%, 08/20/2051 (B)		7,025,000		7,028,723
Sunbird Engine Finance LLC Series 2020-1A, Class A 3.671%, 02/15/2045 (B)		4,018,121		3,893,620
Taco Bell Funding LLC Series 2021-1A, Class A2I 1.946%, 08/25/2051 (B)		14,351,000		14,339,534
Tallman Park CLO, Ltd. Series 2021-1A, Class A (3 month LIBOR + 1.060%) 1.000%, 04/20/2034 (B)(E)		9,242,000		9,247,730
Tesla Auto Lease Trust
Series 2020-A, Class A3 0.680%, 12/20/2023 (B)		7,103,000		7,133,148
Series 2020-A, Class A4 0.780%, 12/20/2023 (B)		4,974,000		5,003,060
TIF Funding II LLC
Series 2020-1A, Class A 2.090%, 08/20/2045 (B)		15,254,435		15,339,141
Series 2021-1A, Class A 1.650%, 02/20/2046 (B)		6,565,312		6,422,515
Towd Point Mortgage Trust
Series 2015-1, Class A5 3.399%, 10/25/2053 (B)(F)		2,759,000		2,867,936
Series 2017-2, Class A1 2.750%, 04/25/2057 (B)(F)		1,139,141		1,152,890
Series 2018-4, Class A1 3.000%, 06/25/2058 (B)(F)		6,799,747		7,047,839
Series 2018-6, Class A1A 3.750%, 03/25/2058 (B)(F)		626,461		641,304
Series 2019-4, Class A1 2.900%, 10/25/2059 (B)(F)		5,673,448		5,875,857
Series 2020-4, Class A1 1.750%, 10/25/2060 (B)		7,080,173		7,168,447
Toyota Auto Loan Extended Note Trust
Series 2019-1A, Class A 2.560%, 11/25/2031 (B)		22,220,000		23,297,514
Series 2020-1A, Class A 1.350%, 05/25/2033 (B)		7,231,000		7,327,467

 

198

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Select Bond Trust (continued)

		Shares or Principal Amount	Value
ASSET BACKED SECURITIES (continued)
Toyota Auto Receivables Owner Trust Series 2020-C, Class A4 0.570%, 10/15/2025	$	3,854,000	$	3,857,945
Tricon American Homes Trust
Series 2020-SFR1, Class A 1.499%, 07/17/2038 (B)		20,174,243		20,179,476
Series 2020-SFR2, Class A 1.482%, 11/17/2039 (B)		17,040,882		16,745,812
Triton Container Finance VIII LLC
Series 2020-1A, Class A 2.110%, 09/20/2045 (B)		15,511,080		15,612,603
Series 2021-1A, Class A 1.860%, 03/20/2046 (B)		9,123,060		9,039,910
Vantage Data Centers LLC
Series 2019-1A, Class A2 3.188%, 07/15/2044 (B)		9,317,750		9,622,961
Series 2020-1A, Class A2 1.645%, 09/15/2045 (B)		8,834,000		8,807,157
Series 2020-2A, Class A2 1.992%, 09/15/2045 (B)		6,853,000		6,813,128
VCP RRL ABS I, Ltd. Series 2021-1A, Class A 2.152%, 10/20/2031 (B)		4,478,000		4,480,523
Verizon Owner Trust Series 2020-C, Class C 0.770%, 04/21/2025		9,422,000		9,422,565
VR Funding LLC Series 2020-1A, Class A 2.790%, 11/15/2050 (B)		10,457,695		10,505,470
VSE VOI Mortgage LLC Series 2017-A, Class A 2.330%, 03/20/2035 (B)		3,342,383		3,413,401
Wendy's Funding LLC Series 2021-1A, Class A2I 2.370%, 06/15/2051 (B)		8,135,610		8,203,664
Westgate Resorts LLC Series 2020-1A, Class A 2.713%, 03/20/2034 (B)		4,604,363		4,693,139
Willis Engine Structured Trust V Series 2020-A, Class A 3.228%, 03/15/2045 (B)		3,395,431		3,370,507
Wingstop Funding LLC Series 2020-1A, Class A2 2.841%, 12/05/2050 (B)		15,144,895		15,577,872
World Omni Auto Receivables Trust Series 2021-B, Class A4 0.690%, 06/15/2027		15,979,000		15,895,019
Zaxby's Funding LLC Series 2021-1A, Class A2 3.238%, 07/30/2051 (B)		11,018,000		11,197,648
TOTAL ASSET BACKED SECURITIES (Cost $1,340,550,649)			$	1,352,056,294
COMMON STOCKS – 0.0%
Utilities – 0.0%
Dominion Energy, Inc.		12,915		1,254,434
TOTAL COMMON STOCKS (Cost $1,291,500)			$	1,254,434
PREFERRED SECURITIES – 0.1%
Utilities – 0.1%
DTE Energy Company, 6.250%		15,402		774,105
NextEra Energy, Inc., 5.279%		120,650		6,148,324
The Southern Company, 6.750%		19,330		986,023
TOTAL PREFERRED SECURITIES (Cost $7,618,288)			$	7,908,452

Select Bond Trust (continued)

		Shares or Principal Amount	Value
SHORT-TERM INVESTMENTS – 5.7%
Short-term funds – 0.1%
John Hancock Collateral Trust, 0.0303% (G)(H)		989,523	$	9,901,364
Repurchase agreement – 5.6%
Repurchase Agreement with State Street Corp. dated 9-30-21 at 0.000% to be repurchased at $438,663,000 on 10-1-21, collateralized by $447,838,500 U.S. Treasury Notes, 0.250% due 9-30-23 (valued at $447,436,341)	$	438,663,000		438,663,000
TOTAL SHORT-TERM INVESTMENTS (Cost $448,564,523)			$	448,564,364
Total Investments (Select Bond Trust) (Cost $8,069,931,383) – 104.3%			$	8,208,770,139
Other assets and liabilities, net – (4.3%)				(337,956,003)
TOTAL NET ASSETS – 100.0%			$	7,870,814,136

Security Abbreviations and Legend
CMT	Constant Maturity Treasury
GO	General Obligation
ICE	Intercontinental Exchange
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
SOFR	Secured Overnight Financing Rate
TBA	To Be Announced. A forward mortgage-backed securities trade issued by a U.S. Government Agency, to be delivered at an agreed-upon future settlement date.
(A)	Security purchased or sold on a when-issued or delayed delivery basis.
(B)	These 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. Rule 144A securities amounted to $2,418,788,659 or 30.7% of the fund's net assets as of 9-30-21.
(C)	All or a portion of this security is on loan as of 9-30-21. The value of securities on loan amounted to $9,646,985.
(D)	Perpetual bonds have no stated maturity date. Date shown as maturity date is next call date.
(E)	Variable rate obligation. The coupon rate shown represents the rate at period end.
(F)	Variable or floating rate security, the interest rate of which adjusts periodically based on a weighted average of interest rates and prepayments on the underlying pool of assets. The interest rate shown is the current rate as of period end.
(G)	The rate shown is the annualized seven-day yield as of 9-30-21.
(H)	Investment is an affiliate of the fund, the advisor and/or subadvisor. This security represents the investment of cash collateral received for securities lending.

Short Term Government Income Trust

		Shares or Principal Amount	Value
U.S. GOVERNMENT AND AGENCY OBLIGATIONS – 95.6%
U.S. Government – 31.8%
U.S. Treasury Inflation Protected Securities 0.625%, 04/15/2023	$	1,428,583	$	1,494,804
U.S. Treasury Notes
0.125%, 05/15/2023		3,000,000		2,995,664

 

199

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Short Term Government Income Trust (continued)

		Shares or Principal Amount	Value
U.S. GOVERNMENT AND AGENCY OBLIGATIONS (continued)
U.S. Government (continued)
U.S. Treasury Notes (continued)
0.250%, 04/15/2023	$	9,000,000	$	9,006,680
0.625%, 07/31/2026		1,000,000		983,984
0.750%, 08/31/2026		2,500,000		2,473,242
0.875%, 06/30/2026		1,800,000		1,793,672
1.375%, 02/15/2023		1,770,000		1,799,316
1.500%, 09/15/2022		4,000,000		4,053,438
1.875%, 07/31/2022		2,400,000		2,435,813
2.000%, 05/31/2024		4,500,000		4,684,922
2.125%, 03/31/2024		2,700,000		2,814,855
2.625%, 06/30/2023		5,485,000		5,713,399
2.750%, 07/31/2023		3,215,000		3,361,559
2.875%, 11/30/2023		13,345,000		14,077,414
				57,688,762
U.S. Government Agency – 63.8%
Federal Farm Credit Bank
0.500%, 12/23/2025 to 02/04/2026		10,000,000		9,855,481
0.680%, 01/13/2027		6,000,000		5,898,900
Federal Home Loan Bank
0.625%, 11/27/2024		2,000,000		1,989,005
0.650%, 02/26/2026		6,000,000		5,946,437
0.700%, 01/28/2026		7,000,000		6,956,413
0.900%, 02/26/2027		2,000,000		1,979,390
1.000%, 03/23/2026		1,950,000		1,947,775
1.100%, 07/13/2026 to 08/20/2026		3,000,000		2,994,285
1.375%, 02/17/2023		8,000,000		8,134,248
1.500%, 08/15/2024		2,770,000		2,848,748
2.875%, 09/13/2024		5,500,000		5,879,041
Federal Home Loan Mortgage Corp.
0.250%, 09/08/2023		2,000,000		1,998,564
0.375%, 09/23/2025		3,060,000		3,010,205
0.640%, 11/24/2025		2,000,000		1,987,465
0.650%, 10/22/2025		2,000,000		1,983,330
0.700%, 12/23/2025		2,000,000		1,988,932
0.800%, 10/27/2026		2,000,000		1,974,754
1.500%, 02/12/2025		6,000,000		6,172,864
1.985%, (12 month LIBOR + 1.618%), 05/01/2045 (A)		454,215		475,579
2.500%, 09/01/2034		2,190,118		2,288,786
3.000%, 07/01/2030 to 12/01/2032		2,865,227		3,027,113
3.500%, 04/01/2032		1,205,108		1,292,162
7.000%, 04/01/2031 to 04/01/2032		432		506
Federal National Mortgage Association
0.375%, 08/25/2025		5,000,000		4,923,394
0.625%, 04/22/2025		4,000,000		3,992,063
0.650%, 12/17/2025		2,000,000		1,986,859
2.500%, 10/01/2027 to 09/01/2034		2,951,719		3,082,942
2.875%, 09/12/2023		7,005,000		7,360,213
3.000%, 03/01/2028 to 09/01/2034		7,826,229		8,281,096
3.500%, 07/01/2031 to 06/01/2034		4,710,358		5,051,866
6.500%, 01/01/2039		321,219		386,901
7.000%, 12/01/2026 to 01/01/2029		992		1,131
8.000%, 10/01/2024 to 09/01/2030		845		980
Government National Mortgage Association 7.500%, 03/15/2027		100		108
				115,697,536
TOTAL U.S. GOVERNMENT AND AGENCY OBLIGATIONS (Cost $171,137,882)			$	173,386,298
MUNICIPAL BONDS – 4.6%
City of Houston (Texas)
2.110%, 03/01/2025		1,000,000		1,042,450
3.628%, 05/15/2024		1,000,000		1,077,362

Short Term Government Income Trust (continued)

		Shares or Principal Amount	Value
MUNICIPAL BONDS (continued)
City of New York
1.990%, 10/01/2026	$	1,000,000	$	1,035,166
3.250%, 03/01/2024		1,000,000		1,064,830
County of Orange (Florida) 2.280%, 01/01/2026		1,000,000		1,052,151
Los Angeles Unified School District (California) 1.540%, 09/15/2025		1,000,000		1,012,186
New York State Urban Development Corp. 3.080%, 03/15/2024		1,000,000		1,059,977
State of California 2.375%, 10/01/2026		1,000,000		1,064,730
TOTAL MUNICIPAL BONDS (Cost $8,142,456)			$	8,408,852
COLLATERALIZED MORTGAGE OBLIGATIONS – 1.1%
U.S. Government Agency – 1.1%
Federal Home Loan Mortgage Corp.
Series K017, Class X1 IO, 1.602%, 12/25/2021		9,177,262		355
Series K018, Class X1 IO, 1.367%, 01/25/2022		2,905,840		111
Series K022, Class X1 IO, 1.296%, 07/25/2022		10,371,875		69,124
Series K026, Class X1 IO, 1.063%, 11/25/2022		5,055,189		43,898
Series K030, Class X1 IO, 0.260%, 04/25/2023		126,544,696		248,572
Series K038, Class X1 IO, 1.257%, 03/25/2024		7,678,415		171,660
Series K718, Class X1 IO, 0.697%, 01/25/2022		13,362,533		9,455
Government National Mortgage Association
Series 2012-114, Class IO, 0.628%, 01/16/2053		1,474,731		31,462
Series 2017-109, Class IO, 0.434%, 04/16/2057		1,724,726		57,019
Series 2017-124, Class IO, 0.669%, 01/16/2059		1,489,914		69,580
Series 2017-140, Class IO, 0.525%, 02/16/2059		715,527		30,367
Series 2017-20, Class IO, 0.662%, 12/16/2058		2,929,122		119,493
Series 2017-41, Class IO, 0.672%, 07/16/2058		2,085,064		88,571
Series 2017-46, Class IO, 0.629%, 11/16/2057		1,910,437		86,650
Series 2017-61, Class IO, 0.740%, 05/16/2059		981,008		51,030
Series 2017-74, Class IO, 0.545%, 09/16/2058		1,807,857		65,241
Series 2017-89, Class IO, 0.636%, 07/16/2059		1,946,623		98,945
Series 2018-9, Class IO, 0.497%, 01/16/2060		2,024,693		93,209
Series 2020-118, Class IO, 0.965%, 06/16/2062		1,587,601		125,725
Series 2020-119, Class IO, 0.772%, 08/16/2062		982,198		69,851
Series 2020-120, Class IO, 0.832%, 05/16/2062		2,241,959		171,467
Series 2020-137, Class IO, 0.838%, 09/16/2062		1,597,395		117,076
Series 2020-170, Class IO, 0.879%, 11/16/2062		1,867,461		149,326

 

200

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (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 2021-40, Class IO, 0.842%, 02/16/2063	$	529,855	$	41,266
				2,009,453
TOTAL COLLATERALIZED MORTGAGE OBLIGATIONS (Cost $3,521,024)			$	2,009,453
SHORT-TERM INVESTMENTS – 3.9%
Repurchase agreement – 3.9%
Repurchase Agreement with State Street Corp. dated 9-30-21 at 0.000% to be repurchased at $7,065,000 on 10-1-21, collateralized by $7,212,800 U.S. Treasury Notes, 0.250% due 9-30-23 (valued at $7,206,323)		7,065,000		7,065,000
TOTAL SHORT-TERM INVESTMENTS (Cost $7,065,000)			$	7,065,000
Total Investments (Short Term Government Income Trust) (Cost $189,866,362) – 105.2%			$	190,869,603
Other assets and liabilities, net – (5.2%)				(9,448,011)
TOTAL NET ASSETS – 100.0%			$	181,421,592

Security Abbreviations and Legend
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
(A)	Variable rate obligation. The coupon rate shown represents the rate at period end.

Small Cap Index Trust

	Shares or Principal Amount	Value
COMMON STOCKS – 96.8%
Communication services – 3.2%
Diversified telecommunication services – 0.6%
Anterix, Inc. (A)	2,677	$	162,494
ATN International, Inc.	2,631		123,262
Bandwidth, Inc., Class A (A)	5,146		464,581
Cogent Communications Holdings, Inc.	9,058		641,669
Consolidated Communications Holdings, Inc. (A)	16,972		155,973
Globalstar, Inc. (A)(B)	137,268		229,238
IDT Corp., Class B (A)	4,320		181,224
Iridium Communications, Inc. (A)	25,866		1,030,760
Liberty Latin America, Ltd., Class A (A)	14,142		184,977
Liberty Latin America, Ltd., Class C (A)	29,252		383,786
Ooma, Inc. (A)	5,439		101,220
Radius Global Infrastructure, Inc., Class A (A)(B)	13,265		216,617
			3,875,801
Entertainment – 1.0%
AMC Entertainment Holdings, Inc., Class A (A)(B)	112,799		4,293,114
Cinemark Holdings, Inc. (A)	24,204		464,959
CuriosityStream, Inc. (A)	6,306		66,465
Eros STX Global Corp. (A)(B)	74,257		68,279
IMAX Corp. (A)	11,206		212,690
Liberty Media Corp.-Liberty Braves, Class A (A)	4,756		127,984

Small Cap Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Entertainment (continued)
Liberty Media Corp.-Liberty Braves, Class C (A)	5,536	$	146,261
Lions Gate Entertainment Corp., Class A (A)	12,147		172,366
Lions Gate Entertainment Corp., Class B (A)	26,773		348,049
Madison Square Garden Entertainment Corp. (A)	5,824		423,230
The Marcus Corp. (A)(B)	6,651		116,060
			6,439,457
Interactive media and services – 0.4%
CarGurus, Inc. (A)	20,847		654,804
Cars.com, Inc. (A)	15,423		195,101
Eventbrite, Inc., Class A (A)	16,840		318,444
EverQuote, Inc., Class A (A)	4,383		81,655
FuboTV, Inc. (A)(B)	28,852		691,294
Liberty TripAdvisor Holdings, Inc., Class A (A)	17,825		55,079
MediaAlpha, Inc., Class A (A)	4,652		86,899
QuinStreet, Inc. (A)	11,322		198,814
TrueCar, Inc. (A)	23,229		96,633
Yelp, Inc. (A)	15,654		582,955
			2,961,678
Media – 1.0%
Advantage Solutions, Inc. (A)	17,149		148,339
AMC Networks, Inc., Class A (A)	6,495		302,602
Audacy, Inc. (A)	27,481		101,130
Boston Omaha Corp., Class A (A)	4,112		159,463
Cardlytics, Inc. (A)	6,984		586,237
Clear Channel Outdoor Holdings, Inc. (A)	83,003		224,938
Daily Journal Corp. (A)	338		108,285
Entravision Communications Corp., Class A	15,125		107,388
Gannett Company, Inc. (A)	32,687		218,349
Gray Television, Inc.	18,393		419,728
Hemisphere Media Group, Inc. (A)	3,817		46,491
iHeartMedia, Inc., Class A (A)	24,325		608,612
Integral Ad Science Holding Corp. (A)	4,031		83,160
John Wiley & Sons, Inc., Class A	9,378		489,625
Loral Space & Communications, Inc. (B)	3,096		133,159
Meredith Corp. (A)	8,541		475,734
Scholastic Corp.	5,762		205,415
Sinclair Broadcast Group, Inc., Class A	10,511		332,988
Stagwell, Inc. (A)	14,230		109,144
TechTarget, Inc. (A)	5,502		453,475
TEGNA, Inc.	47,192		930,626
The EW Scripps Company, Class A	13,063		235,918
WideOpenWest, Inc. (A)	11,884		233,521
			6,714,327
Wireless telecommunication services – 0.2%
Gogo, Inc. (A)(B)	13,701		237,027
Shenandoah Telecommunications Company	10,920		344,854
Telephone & Data Systems, Inc.	21,479		418,841
United States Cellular Corp. (A)	3,345		106,672
			1,107,394
			21,098,657
Consumer discretionary – 11.2%
Auto components – 1.2%
Adient PLC (A)	20,724		859,010
American Axle & Manufacturing Holdings, Inc. (A)	25,342		223,263

 

201

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Small Cap Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Auto components (continued)
Cooper-Standard Holdings, Inc. (A)	3,998	$	87,596
Dana, Inc.	31,647		703,829
Dorman Products, Inc. (A)	5,772		546,435
Fox Factory Holding Corp. (A)	9,248		1,336,706
Gentherm, Inc. (A)	7,245		586,338
LCI Industries	5,388		725,386
Modine Manufacturing Company (A)	11,609		131,530
Motorcar Parts of America, Inc. (A)	5,756		112,242
Patrick Industries, Inc.	4,929		410,586
Standard Motor Products, Inc.	4,166		182,096
Stoneridge, Inc. (A)	5,928		120,872
Tenneco, Inc., Class A (A)	14,687		209,583
The Goodyear Tire & Rubber Company (A)	60,702		1,074,425
Visteon Corp. (A)	6,011		567,378
XPEL, Inc. (A)	3,829		290,468
			8,167,743
Automobiles – 0.3%
Arcimoto, Inc. (A)	6,538		74,729
Canoo, Inc. (A)(B)	24,924		191,666
Fisker, Inc. (A)	35,599		521,525
Lordstown Motors Corp., Class A (A)(B)	22,930		182,981
Winnebago Industries, Inc.	6,971		505,049
Workhorse Group, Inc. (A)(B)	27,945		213,779
			1,689,729
Distributors – 0.0%
Funko, Inc., Class A (A)	6,118		111,409
Diversified consumer services – 0.7%
2U, Inc. (A)	15,694		526,848
Adtalem Global Education, Inc. (A)	10,694		404,340
American Public Education, Inc. (A)	4,498		115,194
Carriage Services, Inc.	3,675		163,868
Coursera, Inc. (A)	12,785		404,645
European Wax Center, Inc., Class A (A)	2,724		76,299
Graham Holdings Company, Class B	813		478,987
Houghton Mifflin Harcourt Company (A)	27,542		369,889
Laureate Education, Inc., Class A (A)	22,196		377,110
OneSpaWorld Holdings, Ltd. (A)	12,883		128,444
Perdoceo Education Corp. (A)	16,311		172,244
PowerSchool Holdings, Inc., Class A (A)	9,522		234,336
Strategic Education, Inc.	5,327		375,554
Stride, Inc. (A)	9,099		327,018
Vivint Smart Home, Inc. (A)	20,881		197,325
WW International, Inc. (A)	11,836		216,007
			4,568,108
Hotels, restaurants and leisure – 2.4%
Accel Entertainment, Inc. (A)	13,125		159,338
Bally's Corp. (A)	7,309		366,473
BJ's Restaurants, Inc. (A)	5,247		219,115
Bloomin' Brands, Inc. (A)	19,336		483,400
Bluegreen Vacations Holding Corp. (A)	3,882		100,156
Brinker International, Inc. (A)	9,856		483,437
Century Casinos, Inc. (A)	6,753		90,963
Chuy's Holdings, Inc. (A)	4,706		148,380
Cracker Barrel Old Country Store, Inc.	5,201		727,308
Dave & Buster's Entertainment, Inc. (A)	9,749		373,679
Denny's Corp. (A)	14,832		242,355
Dine Brands Global, Inc. (A)	3,625		294,386
El Pollo Loco Holdings, Inc. (A)	5,199		87,863
Esports Technologies, Inc. (A)	1,429		47,972
Everi Holdings, Inc. (A)	18,711		452,432
F45 Training Holdings, Inc. (A)	5,450		81,532
Full House Resorts, Inc. (A)	8,237		87,395
GAN, Ltd. (A)	9,407		139,882

Small Cap Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Hotels, restaurants and leisure (continued)
Golden Entertainment, Inc. (A)	3,892	$	191,058
Golden Nugget Online Gaming, Inc. (A)	9,155		159,022
Hilton Grand Vacations, Inc. (A)	18,719		890,463
International Game Technology PLC (A)	21,535		566,801
Jack in the Box, Inc.	4,810		468,157
Lindblad Expeditions Holdings, Inc. (A)	7,333		106,988
Monarch Casino & Resort, Inc. (A)	2,807		188,041
Nathan's Famous, Inc.	421		25,753
Noodles & Company (A)	10,109		119,286
ONE Group Hospitality, Inc. (A)	5,325		56,924
Papa John's International, Inc.	7,261		922,074
RCI Hospitality Holdings, Inc.	1,994		136,609
Red Robin Gourmet Burgers, Inc. (A)	3,708		85,506
Red Rock Resorts, Inc., Class A (A)	13,477		690,292
Rush Street Interactive, Inc. (A)	12,065		231,769
Ruth's Hospitality Group, Inc. (A)	7,936		164,355
Scientific Games Corp. (A)	21,032		1,747,128
SeaWorld Entertainment, Inc. (A)	11,197		619,418
Shake Shack, Inc., Class A (A)	8,187		642,352
Texas Roadhouse, Inc.	15,288		1,396,253
The Cheesecake Factory, Inc. (A)	10,271		482,737
Wingstop, Inc.	6,531		1,070,627
			15,547,679
Household durables – 1.7%
Aterian, Inc. (A)(B)	6,545		70,882
Beazer Homes USA, Inc. (A)	6,761		116,627
Cavco Industries, Inc. (A)	2,016		477,268
Century Communities, Inc.	6,462		397,090
Ethan Allen Interiors, Inc.	5,413		128,288
GoPro, Inc., Class A (A)	27,742		259,665
Green Brick Partners, Inc. (A)	6,430		131,944
Hamilton Beach Brands Holding Company, Class B	1,197		18,757
Helen of Troy, Ltd. (A)	5,226		1,174,178
Hooker Furnishings Corp.	3,165		85,423
Hovnanian Enterprises, Inc., Class A (A)	1,174		113,162
Installed Building Products, Inc.	5,169		553,858
iRobot Corp. (A)	6,030		473,355
KB Home	17,981		699,821
La-Z-Boy, Inc.	9,780		315,209
LGI Homes, Inc. (A)	4,775		677,620
Lifetime Brands, Inc.	2,755		50,113
M/I Homes, Inc. (A)	6,040		349,112
MDC Holdings, Inc.	12,213		570,591
Meritage Homes Corp. (A)	8,103		785,991
Purple Innovation, Inc. (A)	12,811		269,287
Skyline Champion Corp. (A)	11,562		694,414
Sonos, Inc. (A)	26,343		852,459
Taylor Morrison Home Corp. (A)	26,020		670,796
The Lovesac Company (A)	2,906		192,058
Traeger, Inc. (A)	5,241		109,694
Tri Pointe Homes, Inc. (A)	24,369		512,236
Tupperware Brands Corp. (A)	11,300		238,656
Universal Electronics, Inc. (A)	3,182		156,714
Vuzix Corp. (A)	13,223		138,313
Weber, Inc., Class A (A)(B)	4,676		82,251
			11,365,832
Internet and direct marketing retail – 0.9%
1-800-Flowers.com, Inc., Class A (A)	5,957		181,748
CarParts.com, Inc. (A)	10,797		168,541
Groupon, Inc. (A)	5,250		119,753
Lands' End, Inc. (A)	3,318		78,106
Liquidity Services, Inc. (A)	5,988		129,401
Magnite, Inc. (A)	28,548		799,344
Overstock.com, Inc. (A)(B)	9,393		731,903

 

202

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Small Cap Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Internet and direct marketing retail (continued)
PetMed Express, Inc. (B)	4,673	$	125,564
Porch Group, Inc. (A)	17,198		304,061
Quotient Technology, Inc. (A)	20,072		116,819
Revolve Group, Inc. (A)	7,790		481,188
Shutterstock, Inc.	5,087		576,459
Stamps.com, Inc. (A)	3,892		1,283,543
Stitch Fix, Inc., Class A (A)	12,788		510,881
The RealReal, Inc. (A)	17,749		233,932
Xometry, Inc., Class A (A)(B)	1,932		111,418
			5,952,661
Leisure products – 0.5%
Acushnet Holdings Corp.	7,267		339,369
American Outdoor Brands, Inc. (A)	3,430		84,241
AMMO, Inc. (A)	19,207		118,123
Callaway Golf Company (A)	25,282		698,542
Clarus Corp.	5,257		134,737
Escalade, Inc.	3,519		66,544
Genius Brands International, Inc. (A)(B)	65,366		88,898
Johnson Outdoors, Inc., Class A	1,209		127,912
Latham Group, Inc. (A)	5,251		86,116
Malibu Boats, Inc., Class A (A)	4,701		328,976
MasterCraft Boat Holdings, Inc. (A)	4,730		118,628
Nautilus, Inc. (A)	6,915		64,379
Smith & Wesson Brands, Inc.	10,601		220,077
Sturm Ruger & Company, Inc.	3,719		274,388
Vista Outdoor, Inc. (A)	12,484		503,230
			3,254,160
Multiline retail – 0.4%
Big Lots, Inc.	7,443		322,728
Dillard's, Inc., Class A	1,302		224,621
Franchise Group, Inc.	6,559		232,254
Macy's, Inc.	68,680		1,552,168
			2,331,771
Specialty retail – 2.4%
Abercrombie & Fitch Company, Class A (A)	13,245		498,409
Academy Sports & Outdoors, Inc. (A)	17,010		680,740
American Eagle Outfitters, Inc.	33,206		856,715
America's Car-Mart, Inc. (A)	1,421		165,944
Arko Corp. (A)	14,881		150,298
Asbury Automotive Group, Inc. (A)	4,203		826,898
Barnes & Noble Education, Inc. (A)	9,565		95,554
Bed Bath & Beyond, Inc. (A)	23,130		399,571
Big 5 Sporting Goods Corp.	4,887		112,596
Boot Barn Holdings, Inc. (A)	6,413		569,923
Caleres, Inc.	8,371		186,004
Camping World Holdings, Inc., Class A	9,582		372,452
CarLotz, Inc. (A)(B)	18,522		70,569
Chico's FAS, Inc. (A)	27,511		123,524
Citi Trends, Inc. (A)	2,041		148,911
Conn's, Inc. (A)	4,183		95,498
Designer Brands, Inc., Class A (A)	13,521		188,348
Genesco, Inc. (A)	3,333		192,414
Group 1 Automotive, Inc.	3,797		713,380
GrowGeneration Corp. (A)(B)	12,198		300,925
Guess?, Inc.	9,027		189,657
Haverty Furniture Companies, Inc.	3,986		134,368
Hibbett, Inc.	3,475		245,822
Kirkland's, Inc. (A)(B)	3,481		66,870
Lumber Liquidators Holdings, Inc. (A)	6,685		124,876
MarineMax, Inc. (A)	4,554		220,960
Monro, Inc.	7,235		416,085
Murphy USA, Inc.	5,222		873,432
National Vision Holdings, Inc. (A)	17,849		1,013,288

Small Cap Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Specialty retail (continued)
OneWater Marine, Inc., Class A	2,544	$	102,294
Party City Holdco, Inc. (A)	24,992		177,443
Rent-A-Center, Inc.	14,372		807,850
Sally Beauty Holdings, Inc. (A)	24,410		411,309
Shift Technologies, Inc. (A)	14,869		103,191
Shoe Carnival, Inc.	4,052		131,366
Signet Jewelers, Ltd.	11,402		900,302
Sleep Number Corp. (A)	5,064		473,383
Sonic Automotive, Inc., Class A	4,692		246,518
Sportsman's Warehouse Holdings, Inc. (A)	10,036		176,634
The Aaron's Company, Inc.	7,096		195,424
The Buckle, Inc.	6,673		264,184
The Cato Corp., Class A	5,115		84,602
The Children's Place, Inc. (A)	3,156		237,521
The Container Store Group, Inc. (A)	7,549		71,866
The ODP Corp. (A)	10,444		419,431
Tilly's, Inc., Class A	5,797		81,216
Torrid Holdings, Inc. (A)	3,250		50,148
TravelCenters of America, Inc. (A)	2,818		140,308
Urban Outfitters, Inc. (A)	15,279		453,634
Winmark Corp.	758		162,993
Zumiez, Inc. (A)	4,940		196,414
			15,922,062
Textiles, apparel and luxury goods – 0.7%
Crocs, Inc. (A)	13,441		1,928,515
Fossil Group, Inc. (A)	10,919		129,390
G-III Apparel Group, Ltd. (A)	9,407		266,218
Kontoor Brands, Inc.	11,212		560,039
Movado Group, Inc.	3,723		117,237
Oxford Industries, Inc.	3,449		310,996
PLBY Group, Inc. (A)	5,493		129,470
Rocky Brands, Inc.	1,701		80,985
Steven Madden, Ltd.	17,794		714,607
Superior Group of Companies, Inc.	1,856		43,226
Unifi, Inc. (A)	3,265		71,601
Wolverine World Wide, Inc.	17,703		528,258
			4,880,542
			73,791,696
Consumer staples – 3.1%
Beverages – 0.4%
Celsius Holdings, Inc. (A)	11,827		1,065,494
Coca-Cola Consolidated, Inc.	1,020		402,064
MGP Ingredients, Inc.	3,195		207,995
National Beverage Corp.	5,302		278,302
Primo Water Corp.	33,755		530,629
The Duckhorn Portfolio, Inc. (A)	4,417		101,105
			2,585,589
Food and staples retailing – 0.9%
BJ's Wholesale Club Holdings, Inc. (A)	29,871		1,640,515
HF Foods Group, Inc. (A)(B)	11,030		66,732
Ingles Markets, Inc., Class A	3,093		204,231
Performance Food Group Company (A)	33,243		1,544,470
PriceSmart, Inc.	5,029		389,999
Rite Aid Corp. (A)(B)	12,403		176,123
SpartanNash Company	7,943		173,952
Sprouts Farmers Market, Inc. (A)	24,949		578,068
The Andersons, Inc.	7,339		226,261
The Chefs' Warehouse, Inc. (A)	7,249		236,100
United Natural Foods, Inc. (A)	12,018		581,912
Village Super Market, Inc., Class A	2,410		52,249

 

203

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Small Cap Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Food and staples retailing (continued)
Weis Markets, Inc.	3,523	$	185,134
			6,055,746
Food products – 0.9%
AppHarvest, Inc. (A)(B)	16,493		107,534
B&G Foods, Inc. (B)	13,726		410,270
Calavo Growers, Inc.	3,867		147,874
Cal-Maine Foods, Inc.	7,662		277,058
Fresh Del Monte Produce, Inc.	7,682		247,514
Hostess Brands, Inc. (A)	28,358		492,578
J&J Snack Foods Corp.	3,196		488,413
John B. Sanfilippo & Son, Inc.	1,902		155,431
Krispy Kreme, Inc. (A)(B)	4,968		69,552
Lancaster Colony Corp.	4,104		692,796
Landec Corp. (A)	7,638		70,422
Mission Produce, Inc. (A)	8,466		155,605
Sanderson Farms, Inc.	4,406		829,209
Seneca Foods Corp., Class A (A)	1,677		80,865
Tattooed Chef, Inc. (A)(B)	10,537		194,197
The Simply Good Foods Company (A)	18,678		644,204
Tootsie Roll Industries, Inc. (B)	3,555		108,179
TreeHouse Foods, Inc. (A)	11,541		460,255
Utz Brands, Inc.	12,312		210,905
Vital Farms, Inc. (A)	5,788		101,695
Whole Earth Brands, Inc. (A)	9,140		105,567
			6,050,123
Household products – 0.3%
Central Garden & Pet Company (A)	3,509		168,432
Central Garden & Pet Company, Class A (A)	7,237		311,191
Energizer Holdings, Inc.	14,847		579,775
Oil-Dri Corp. of America	2,196		76,860
WD-40 Company	2,960		685,181
			1,821,439
Personal products – 0.5%
BellRing Brands, Inc., Class A (A)	8,975		275,981
Edgewell Personal Care Company	11,697		424,601
elf Beauty, Inc. (A)	10,890		316,355
Inter Parfums, Inc.	4,097		306,333
Medifast, Inc.	2,526		486,609
Nu Skin Enterprises, Inc., Class A	10,783		436,388
The Beauty Health Company (A)(B)	19,313		501,559
The Honest Company, Inc. (A)(B)	6,270		65,083
USANA Health Sciences, Inc. (A)	2,676		246,727
Veru, Inc. (A)	14,697		125,365
			3,185,001
Tobacco – 0.1%
22nd Century Group, Inc. (A)(B)	40,492		119,856
Turning Point Brands, Inc.	3,392		161,968
Universal Corp.	5,406		261,272
Vector Group, Ltd.	30,917		394,192
			937,288
			20,635,186
Energy – 4.4%
Energy equipment and services – 0.8%
Archrock, Inc.	31,535		260,164
Aspen Aerogels, Inc. (A)	4,839		222,642
Bristow Group, Inc. (A)	4,880		155,330
Cactus, Inc., Class A	12,139		457,883
ChampionX Corp. (A)	44,537		995,847
DMC Global, Inc. (A)	4,252		156,941
Dril-Quip, Inc. (A)	8,486		213,677
Frank's International NV (A)	39,231		115,339
Helix Energy Solutions Group, Inc. (A)	32,463		125,956

Small Cap Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Energy equipment and services (continued)
Helmerich & Payne, Inc.	23,052	$	631,855
Liberty Oilfield Services, Inc., Class A (A)	20,973		254,402
Nabors Industries, Ltd. (A)	1,603		154,657
National Energy Services Reunited Corp. (A)	8,875		111,115
NexTier Oilfield Solutions, Inc. (A)	39,608		182,197
Oceaneering International, Inc. (A)	22,439		298,887
Oil States International, Inc. (A)	14,787		94,489
Patterson-UTI Energy, Inc.	41,948		377,532
ProPetro Holding Corp. (A)	19,638		169,869
RPC, Inc. (A)	19,682		95,655
Select Energy Services, Inc., Class A (A)	17,819		92,481
TETRA Technologies, Inc. (A)	28,514		88,964
Tidewater, Inc. (A)	11,060		133,384
U.S. Silica Holdings, Inc. (A)	16,613		132,738
			5,522,004
Oil, gas and consumable fuels – 3.6%
Aemetis, Inc. (A)	6,744		123,280
Alto Ingredients, Inc. (A)	16,898		83,476
Antero Resources Corp. (A)	62,655		1,178,541
Arch Resources, Inc. (A)	3,352		310,898
Berry Corp.	16,212		116,889
Bonanza Creek Energy, Inc.	6,802		325,816
Brigham Minerals, Inc., Class A	10,176		194,972
California Resources Corp. (A)	18,106		742,346
Callon Petroleum Company (A)	8,919		437,745
Centennial Resource Development, Inc., Class A (A)	40,691		272,630
Centrus Energy Corp., Class A (A)(B)	2,443		94,446
Chesapeake Energy Corp.	21,551		1,327,326
Clean Energy Fuels Corp. (A)	34,741		283,139
CNX Resources Corp. (A)	47,028		593,493
Comstock Resources, Inc. (A)	21,102		218,406
CONSOL Energy, Inc. (A)	7,895		205,428
Contango Oil & Gas Company (A)(B)	33,907		154,955
CVR Energy, Inc.	6,645		110,706
Delek US Holdings, Inc. (A)	14,865		267,124
Denbury, Inc. (A)	11,055		776,614
DHT Holdings, Inc.	32,035		209,189
Dorian LPG, Ltd.	6,940		86,125
Energy Fuels, Inc. (A)(B)	32,193		225,995
Equitrans Midstream Corp.	90,045		913,056
Extraction Oil & Gas, Inc. (A)	3,565		201,244
Frontline, Ltd. (A)	26,873		251,800
Gevo, Inc. (A)	43,949		291,821
Golar LNG, Ltd. (A)	23,188		300,748
Green Plains, Inc. (A)	10,496		342,694
International Seaways, Inc.	11,075		201,787
Kosmos Energy, Ltd. (A)	91,495		270,825
Laredo Petroleum, Inc. (A)	2,850		231,050
Magnolia Oil & Gas Corp., Class A	30,343		539,802
Matador Resources Company	24,274		923,383
Murphy Oil Corp.	31,945		797,667
Nordic American Tankers, Ltd.	43,370		111,027
Northern Oil and Gas, Inc.	11,914		254,960
Oasis Petroleum, Inc.	4,322		429,693
Ovintiv, Inc.	57,502		1,890,666
Par Pacific Holdings, Inc. (A)	10,445		164,195
PBF Energy, Inc., Class A (A)	21,711		281,592
PDC Energy, Inc.	21,861		1,035,993
Peabody Energy Corp. (A)	17,758		262,641
Penn Virginia Corp. (A)	3,720		99,212
Range Resources Corp. (A)	52,475		1,187,509
Renewable Energy Group, Inc. (A)	9,688		486,338

 

204

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Small Cap Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Oil, gas and consumable fuels (continued)
REX American Resources Corp. (A)	1,296	$	103,512
Scorpio Tankers, Inc.	11,047		204,811
SFL Corp., Ltd.	24,886		208,545
SM Energy Company	26,077		687,911
Southwestern Energy Company (A)	148,083		820,380
Talos Energy, Inc. (A)	8,521		117,334
Teekay Tankers, Ltd., Class A (A)	7,095		103,090
Tellurian, Inc. (A)	80,864		316,178
Uranium Energy Corp. (A)(B)	54,839		167,259
Ur-Energy, Inc. (A)	46,463		79,916
Vine Energy, Inc., Class A (A)	6,264		103,168
W&T Offshore, Inc. (A)	22,279		82,878
Whiting Petroleum Corp. (A)	8,473		494,908
World Fuel Services Corp.	13,469		452,828
			23,751,960
			29,273,964
Financials – 14.9%
Banks – 7.8%
1st Source Corp.	3,224		152,302
Allegiance Bancshares, Inc.	4,435		169,195
Altabancorp	4,171		184,191
Amalgamated Financial Corp.	4,063		64,277
Amerant Bancorp, Inc. (A)	4,877		120,657
American National Bankshares, Inc.	3,279		108,338
Ameris Bancorp	14,466		750,496
Arrow Financial Corp.	3,233		111,091
Associated Banc-Corp.	32,163		688,931
Atlantic Capital Bancshares, Inc. (A)	4,919		130,304
Atlantic Union Bankshares Corp.	16,432		605,519
Banc of California, Inc.	10,260		189,707
BancFirst Corp.	3,712		223,165
BancorpSouth Bank	21,784		648,728
Bank First Corp.	1,558		110,415
Bank of Marin Bancorp	3,661		138,203
BankUnited, Inc.	19,819		828,831
Banner Corp.	7,270		401,377
Bar Harbor Bankshares	4,123		115,650
Berkshire Hills Bancorp, Inc.	10,456		282,103
Blue Ridge Bankshares, Inc.	4,799		84,414
Brookline Bancorp, Inc.	16,499		251,775
Bryn Mawr Bank Corp.	4,411		202,685
Business First Bancshares, Inc.	5,069		118,564
Byline Bancorp, Inc.	5,233		128,522
Cadence BanCorp	26,786		588,221
Cambridge Bancorp	1,581		139,128
Camden National Corp.	3,145		150,646
Capital Bancorp, Inc.	1,400		33,684
Capital City Bank Group, Inc.	4,183		103,487
Capstar Financial Holdings, Inc.	5,458		115,928
Carter Bankshares, Inc. (A)	7,077		100,635
Cathay General Bancorp	15,549		643,573
CBTX, Inc.	4,238		111,798
Central Pacific Financial Corp.	6,333		162,631
Century Bancorp, Inc., Class A	652		75,136
CIT Group, Inc.	21,368		1,110,068
Citizens & Northern Corp.	4,341		109,654
City Holding Company	2,753		214,486
Civista Bancshares, Inc.	4,320		100,354
CNB Financial Corp.	4,957		120,653
Coastal Financial Corp. (A)	2,697		85,926
Columbia Banking System, Inc.	15,144		575,321
Community Bank System, Inc.	11,176		764,662
Community Trust Bancorp, Inc.	3,144		132,362
ConnectOne Bancorp, Inc.	8,140		244,281
CrossFirst Bankshares, Inc. (A)	11,174		145,262

Small Cap Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Banks (continued)
Customers Bancorp, Inc. (A)	6,549	$	281,738
CVB Financial Corp.	26,841		546,751
Dime Community Bancshares, Inc.	7,245		236,622
Eagle Bancorp, Inc.	6,297		362,078
Eastern Bankshares, Inc.	37,001		751,120
Enterprise Financial Services Corp.	7,413		335,661
Equity Bancshares, Inc., Class A	3,675		122,672
Farmers National Banc Corp.	7,456		117,134
FB Financial Corp.	7,304		313,196
Financial Institutions, Inc.	4,351		133,358
First Bancorp (North Carolina)	5,756		247,566
First Bancorp (Puerto Rico)	44,679		587,529
First Bank	5,943		83,737
First Busey Corp.	10,375		255,536
First Commonwealth Financial Corp.	20,045		273,213
First Community Bankshares, Inc.	4,426		140,393
First Financial Bancorp	20,213		473,186
First Financial Bankshares, Inc.	27,766		1,275,848
First Financial Corp.	2,931		123,249
First Foundation, Inc.	9,199		241,934
First Internet Bancorp	2,569		80,101
First Interstate BancSystem, Inc., Class A	8,417		338,868
First Merchants Corp.	11,480		480,323
First Mid Bancshares, Inc.	3,971		163,049
First Midwest Bancorp, Inc.	24,121		458,540
Flushing Financial Corp.	6,175		139,555
Fulton Financial Corp.	32,719		499,946
German American Bancorp, Inc.	5,463		211,036
Glacier Bancorp, Inc.	20,350		1,126,373
Great Southern Bancorp, Inc.	2,026		111,045
Great Western Bancorp, Inc.	11,804		386,463
Guaranty Bancshares, Inc.	2,495		89,446
Hancock Whitney Corp.	18,633		877,987
Hanmi Financial Corp.	7,483		150,109
HarborOne Bancorp, Inc.	11,911		167,230
Heartland Financial USA, Inc.	7,770		373,582
Heritage Commerce Corp.	14,319		166,530
Heritage Financial Corp.	7,765		198,008
Hilltop Holdings, Inc.	13,217		431,799
Home BancShares, Inc.	32,634		767,878
HomeTrust Bancshares, Inc.	4,188		117,180
Hope Bancorp, Inc.	24,535		354,285
Horizon Bancorp, Inc.	10,287		186,915
Howard Bancorp, Inc. (A)	4,316		87,528
Independent Bank Corp. (Massachusetts)	6,915		526,577
Independent Bank Corp. (Michigan)	5,967		128,171
Independent Bank Group, Inc.	8,010		569,030
International Bancshares Corp.	11,590		482,608
Investors Bancorp, Inc.	47,915		723,996
Lakeland Bancorp, Inc.	10,999		193,912
Lakeland Financial Corp.	5,177		368,809
Live Oak Bancshares, Inc.	6,817		433,766
Macatawa Bank Corp.	14,663		117,744
Mercantile Bank Corp.	3,746		119,984
Metrocity Bankshares, Inc.	4,451		93,337
Metropolitan Bank Holding Corp. (A)	1,694		142,804
Mid Penn Bancorp, Inc.	3,320		91,466
Midland States Bancorp, Inc.	5,377		132,973
MidWestOne Financial Group, Inc.	4,140		124,862
MVB Financial Corp.	2,480		106,218
National Bank Holdings Corp., Class A	6,084		246,280
NBT Bancorp, Inc.	8,615		311,174
Nicolet Bankshares, Inc. (A)	2,391		177,364
Northrim BanCorp, Inc.	2,599		110,483

 

205

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Small Cap Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Banks (continued)
OceanFirst Financial Corp.	13,199	$	282,591
OFG Bancorp	11,255		283,851
Old National Bancorp	33,993		576,181
Old Second Bancorp, Inc.	8,828		115,294
Origin Bancorp, Inc.	4,942		209,294
Orrstown Financial Services, Inc.	4,601		107,663
Pacific Premier Bancorp, Inc.	20,412		845,873
Park National Corp.	2,938		358,289
Peapack-Gladstone Financial Corp.	4,496		149,987
Peoples Bancorp, Inc.	6,029		190,577
Peoples Financial Services Corp.	2,365		107,773
Preferred Bank	3,062		204,174
Primis Financial Corp.	7,166		103,620
QCR Holdings, Inc.	3,268		168,106
RBB Bancorp	3,609		90,983
Reliant Bancorp, Inc.	4,111		129,866
Renasant Corp.	11,957		431,050
Republic Bancorp, Inc., Class A	1,745		88,384
S&T Bancorp, Inc.	8,217		242,155
Sandy Spring Bancorp, Inc.	9,458		433,366
Seacoast Banking Corp. of Florida	11,682		394,968
ServisFirst Bancshares, Inc.	10,670		830,126
Sierra Bancorp	4,501		109,284
Silvergate Capital Corp., Class A (A)	5,347		617,579
Simmons First National Corp., Class A	22,770		673,081
SmartFinancial, Inc.	3,910		101,074
South Plains Financial, Inc.	2,745		66,923
Southern First Bancshares, Inc. (A)	2,307		123,425
Southside Bancshares, Inc.	6,368		243,831
SouthState Corp.	15,148		1,131,101
Spirit of Texas Bancshares, Inc.	3,924		94,961
Stock Yards Bancorp, Inc.	5,156		302,399
Texas Capital Bancshares, Inc. (A)	10,850		651,217
The Bancorp, Inc. (A)	11,819		300,794
The Bank of NT Butterfield & Son, Ltd.	10,856		385,497
The First Bancorp, Inc.	3,046		88,760
The First Bancshares, Inc.	4,398		170,554
The First of Long Island Corp.	5,476		112,806
Tompkins Financial Corp.	2,839		229,703
Towne Bank	13,542		421,292
TriCo Bancshares	5,719		248,205
TriState Capital Holdings, Inc. (A)	7,056		149,234
Triumph Bancorp, Inc. (A)	5,003		500,950
Trustmark Corp.	13,192		425,046
UMB Financial Corp.	9,248		894,374
United Bankshares, Inc.	26,929		979,677
United Community Banks, Inc.	18,587		610,025
Univest Financial Corp.	6,797		186,170
Valley National Bancorp	87,050		1,158,636
Veritex Holdings, Inc.	10,072		396,434
Washington Trust Bancorp, Inc.	3,627		192,158
WesBanco, Inc.	13,559		462,091
West BanCorp, Inc.	4,145		124,474
Westamerica BanCorp	5,498		309,317
			51,510,434
Capital markets – 1.6%
Artisan Partners Asset Management, Inc., Class A	12,777		625,051
AssetMark Financial Holdings, Inc. (A)	4,239		105,424
B. Riley Financial, Inc.	4,505		265,975
BGC Partners, Inc., Class A	74,588		388,603
Blucora, Inc. (A)	11,249		175,372
Brightsphere Investment Group, Inc.	12,322		321,974
Cohen & Steers, Inc.	5,371		449,929
Cowen, Inc., Class A	6,261		214,815

Small Cap Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Capital markets (continued)
Diamond Hill Investment Group, Inc.	739	$	129,813
Donnelley Financial Solutions, Inc. (A)	6,642		229,946
Ellington Financial, Inc.	10,330		188,936
Federated Hermes, Inc.	20,608		669,760
Focus Financial Partners, Inc., Class A (A)	13,096		685,838
GCM Grosvenor, Inc., Class A	10,742		123,748
Hamilton Lane, Inc., Class A	7,488		635,132
Houlihan Lokey, Inc.	10,995		1,012,640
Moelis & Company, Class A	13,223		818,107
Open Lending Corp., Class A (A)	22,823		823,226
Oppenheimer Holdings, Inc., Class A	2,120		96,015
Piper Sandler Companies	3,726		515,902
PJT Partners, Inc., Class A	5,151		407,496
Sculptor Capital Management, Inc.	5,318		148,319
StepStone Group, Inc., Class A	8,924		380,519
StoneX Group, Inc. (A)	3,512		231,441
Virtus Investment Partners, Inc.	1,551		481,306
WisdomTree Investments, Inc.	32,538		184,490
			10,309,777
Consumer finance – 0.8%
Atlanticus Holdings Corp. (A)	1,127		59,799
Curo Group Holdings Corp.	5,048		87,482
Encore Capital Group, Inc. (A)	6,504		320,452
Enova International, Inc. (A)	8,081		279,199
EZCORP, Inc., Class A (A)	12,803		96,919
FirstCash, Inc.	8,652		757,050
Green Dot Corp., Class A (A)	11,898		598,826
LendingClub Corp. (A)	21,608		610,210
LendingTree, Inc. (A)	2,606		364,397
Navient Corp.	35,534		701,086
Nelnet, Inc., Class A	3,455		273,774
Oportun Financial Corp. (A)	5,055		126,527
PRA Group, Inc. (A)	10,165		428,353
PROG Holdings, Inc. (A)	14,599		613,304
Regional Management Corp.	1,799		104,666
World Acceptance Corp. (A)	988		187,305
			5,609,349
Diversified financial services – 0.2%
Alerus Financial Corp.	3,801		113,574
A-Mark Precious Metals, Inc.	2,049		122,981
Banco Latinoamericano de Comercio Exterior SA, Class E	7,338		128,709
Cannae Holdings, Inc. (A)	18,492		575,286
E2open Parent Holdings, Inc. (A)(B)	35,775		404,258
Marlin Business Services Corp.	2,493		55,419
NewStar Financial, Inc. (A)(C)	8,978		912
			1,401,139
Insurance – 1.8%
Ambac Financial Group, Inc. (A)	10,590		151,649
American Equity Investment Life Holding Company	17,290		511,265
American National Group, Inc.	1,541		291,295
AMERISAFE, Inc.	4,321		242,667
Argo Group International Holdings, Ltd.	7,234		377,759
Bright Health Group, Inc. (A)	12,261		100,050
BRP Group, Inc., Class A (A)	10,564		351,676
Citizens, Inc. (A)	16,230		100,788
CNO Financial Group, Inc.	27,337		643,513
Donegal Group, Inc., Class A	5,882		85,230
eHealth, Inc. (A)	5,492		222,426
Employers Holdings, Inc.	6,408		253,052
Enstar Group, Ltd. (A)	2,623		615,697
Genworth Financial, Inc., Class A (A)	108,141		405,529

 

206

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Small Cap Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Insurance (continued)
Goosehead Insurance, Inc., Class A	3,878	$	590,581
HCI Group, Inc.	1,333		147,656
Horace Mann Educators Corp.	8,990		357,712
Independence Holding Company	140		6,943
Investors Title Company	159		29,033
James River Group Holdings, Ltd.	8,131		306,783
Kinsale Capital Group, Inc.	4,720		763,224
MBIA, Inc. (A)	11,709		150,461
National Western Life Group, Inc., Class A	570		120,036
Palomar Holdings, Inc. (A)	5,553		448,849
ProAssurance Corp.	12,295		292,375
RLI Corp.	8,660		868,338
Safety Insurance Group, Inc.	3,202		253,759
Selective Insurance Group, Inc.	12,859		971,240
Selectquote, Inc. (A)	30,127		389,542
SiriusPoint, Ltd. (A)	20,397		188,876
State Auto Financial Corp.	3,887		198,043
Stewart Information Services Corp.	5,886		372,348
Tiptree, Inc.	5,864		58,757
Trupanion, Inc. (A)	8,409		653,127
United Fire Group, Inc.	5,649		130,492
Universal Insurance Holdings, Inc.	7,386		96,313
			11,747,084
Mortgage real estate investment trusts – 1.2%
AFC Gamma, Inc.	2,919		62,992
Apollo Commercial Real Estate Finance, Inc.	29,843		442,572
Arbor Realty Trust, Inc.	29,179		540,687
Ares Commercial Real Estate Corp.	10,100		152,308
ARMOUR Residential REIT, Inc.	17,649		190,256
Blackstone Mortgage Trust, Inc., Class A	31,030		940,830
BrightSpire Capital, Inc.	19,690		184,889
Broadmark Realty Capital, Inc.	26,745		263,706
Capstead Mortgage Corp.	22,671		151,669
Chimera Investment Corp.	50,795		754,306
Dynex Capital, Inc.	7,278		125,764
Granite Point Mortgage Trust, Inc.	12,763		168,089
Great Ajax Corp.	4,994		67,369
Hannon Armstrong Sustainable Infrastructure Capital, Inc.	16,727		894,560
Invesco Mortgage Capital, Inc.	66,975		210,971
KKR Real Estate Finance Trust, Inc.	5,951		125,566
Ladder Capital Corp.	25,700		283,985
MFA Financial, Inc.	94,047		429,795
New York Mortgage Trust, Inc.	81,801		348,472
Orchid Island Capital, Inc.	28,840		141,028
PennyMac Mortgage Investment Trust	21,006		413,608
Ready Capital Corp.	12,250		176,768
Redwood Trust, Inc.	24,224		312,247
TPG RE Finance Trust, Inc.	13,635		168,801
Two Harbors Investment Corp.	68,476		434,138
			7,985,376
Thrifts and mortgage finance – 1.5%
Axos Financial, Inc. (A)	12,040		620,542
Blue Foundry Bancorp (A)	8,816		121,573
Bridgewater Bancshares, Inc. (A)	6,530		114,340
Capitol Federal Financial, Inc.	25,466		292,604
Columbia Financial, Inc. (A)	7,501		138,769
Essent Group, Ltd.	24,055		1,058,661
Federal Agricultural Mortgage Corp., Class C	2,034		220,730
Flagstar Bancorp, Inc.	10,602		538,370
FS Bancorp, Inc.	2,225		77,007
Home Bancorp, Inc.	2,840		109,851

Small Cap Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Thrifts and mortgage finance (continued)
HomeStreet, Inc.	4,316	$	177,603
Kearny Financial Corp.	15,794		196,319
Merchants Bancorp	2,216		87,466
Meridian Bancorp, Inc.	10,737		222,900
Meta Financial Group, Inc.	6,850		359,488
Mr. Cooper Group, Inc. (A)	15,340		631,548
NMI Holdings, Inc., Class A (A)	18,894		427,193
Northfield Bancorp, Inc.	9,922		170,262
Northwest Bancshares, Inc.	26,183		347,710
PCSB Financial Corp.	4,896		90,282
PennyMac Financial Services, Inc.	6,944		424,487
Premier Financial Corp.	8,492		270,385
Provident Bancorp, Inc.	5,904		94,582
Provident Financial Services, Inc.	15,675		367,892
Radian Group, Inc.	40,297		915,548
Southern Missouri Bancorp, Inc.	1,946		87,356
The Hingham Institution for Savings	307		103,367
TrustCo Bank Corp. NY	5,360		171,359
Walker & Dunlop, Inc.	6,328		718,228
Washington Federal, Inc.	13,920		477,595
Waterstone Financial, Inc.	5,191		106,364
WSFS Financial Corp.	10,239		525,363
			10,265,744
			98,828,903
Health care – 19.6%
Biotechnology – 9.5%
4D Molecular Therapeutics, Inc. (A)	4,890		131,883
89bio, Inc. (A)	3,014		59,044
ACADIA Pharmaceuticals, Inc. (A)	26,957		447,756
Achillion Pharmaceuticals, Inc. (A)(C)	38,157		57,381
Adagio Therapeutics, Inc. (A)	4,882		206,216
Aduro Biotech, Inc. (A)(C)	4,010		12,030
Aeglea BioTherapeutics, Inc. (A)	10,692		85,001
Affimed NV (A)	26,114		161,385
Agenus, Inc. (A)	44,947		235,972
Agios Pharmaceuticals, Inc. (A)	13,114		605,211
Akebia Therapeutics, Inc. (A)	45,769		131,815
Akero Therapeutics, Inc. (A)	6,063		135,508
Akouos, Inc. (A)(B)	6,054		70,287
Albireo Pharma, Inc. (A)	4,099		127,889
Alder Biopharmaceuticals, Inc. (A)(B)(C)	20,275		29,478
Aldeyra Therapeutics, Inc. (A)	11,406		100,145
Alector, Inc. (A)	13,268		302,776
Aligos Therapeutics, Inc. (A)	5,501		85,321
Alkermes PLC (A)	35,290		1,088,344
Allakos, Inc. (A)	7,710		816,258
Allogene Therapeutics, Inc. (A)	15,352		394,546
Allovir, Inc. (A)	6,716		168,303
Altimmune, Inc. (A)	9,488		107,309
ALX Oncology Holdings, Inc. (A)	4,101		302,900
Amicus Therapeutics, Inc. (A)	57,886		552,811
AnaptysBio, Inc. (A)	4,579		124,182
Anavex Life Sciences Corp. (A)	14,167		254,298
Anika Therapeutics, Inc. (A)	3,322		141,384
Annexon, Inc. (A)	7,299		135,834
Apellis Pharmaceuticals, Inc. (A)	14,612		481,612
Applied Molecular Transport, Inc. (A)	5,583		144,432
Applied Therapeutics, Inc. (A)	4,351		72,227
Arbutus Biopharma Corp. (A)(B)	20,299		87,083
Arcturus Therapeutics Holdings, Inc. (A)	4,629		221,174
Arcus Biosciences, Inc. (A)	9,879		344,481
Arcutis Biotherapeutics, Inc. (A)	6,452		154,138
Arena Pharmaceuticals, Inc. (A)	13,491		803,389
Arrowhead Pharmaceuticals, Inc. (A)	22,224		1,387,444
Atara Biotherapeutics, Inc. (A)	18,919		338,650

 

207

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Small Cap Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Biotechnology (continued)
Athenex, Inc. (A)(B)	20,866	$	62,807
Athersys, Inc. (A)(B)	54,505		72,492
Atossa Therapeutics, Inc. (A)	26,778		87,296
Avid Bioservices, Inc. (A)	13,704		295,595
Avidity Biosciences, Inc. (A)	8,970		220,931
Avita Medical, Inc. (A)	5,827		103,254
Avrobio, Inc. (A)	11,696		65,264
Beam Therapeutics, Inc. (A)	10,892		947,713
Beyondspring, Inc. (A)	5,474		86,270
BioAtla, Inc. (A)	3,778		111,224
BioCryst Pharmaceuticals, Inc. (A)	38,926		559,367
Biohaven Pharmaceutical Holding Company, Ltd. (A)	12,244		1,700,814
Bioxcel Therapeutics, Inc. (A)	4,183		126,954
Bluebird Bio, Inc. (A)	15,303		292,440
Blueprint Medicines Corp. (A)	12,831		1,319,155
Bolt Biotherapeutics, Inc. (A)(B)	4,680		59,202
Bridgebio Pharma, Inc. (A)	23,614		1,106,788
Brooklyn ImmunoTherapeutics, Inc. (A)(B)	7,236		67,295
C4 Therapeutics, Inc. (A)	8,607		384,561
Cardiff Oncology, Inc. (A)(B)	9,099		60,599
CareDx, Inc. (A)	10,994		696,690
Caribou Biosciences, Inc. (A)	4,389		104,765
Catalyst Pharmaceuticals, Inc. (A)	23,128		122,578
Celldex Therapeutics, Inc. (A)	10,113		546,001
CEL-SCI Corp. (A)	8,073		88,722
Century Therapeutics, Inc. (A)	3,003		75,555
Cerevel Therapeutics Holdings, Inc. (A)	8,986		265,087
ChemoCentryx, Inc. (A)	12,559		214,759
Chimerix, Inc. (A)	17,115		105,942
Chinook Therapeutics, Inc. (A)	8,840		112,798
Clovis Oncology, Inc. (A)	26,799		119,524
Codiak Biosciences, Inc. (A)	3,837		62,658
Cogent Biosciences, Inc. (A)(B)	9,285		78,087
Coherus Biosciences, Inc. (A)	14,699		236,213
Cortexyme, Inc. (A)	4,371		400,646
Crinetics Pharmaceuticals, Inc. (A)	8,821		185,682
Cue Biopharma, Inc. (A)	7,420		108,109
Cullinan Oncology, Inc. (A)(B)	6,059		136,752
Curis, Inc. (A)	19,758		154,705
Cytokinetics, Inc. (A)	17,575		628,131
CytomX Therapeutics, Inc. (A)	15,783		80,335
Day One Biopharmaceuticals, Inc. (A)	2,827		67,085
Deciphera Pharmaceuticals, Inc. (A)	8,975		304,971
Denali Therapeutics, Inc. (A)	20,008		1,009,404
DermTech, Inc. (A)(B)	5,357		172,013
Dicerna Pharmaceuticals, Inc. (A)	15,551		313,508
Dynavax Technologies Corp. (A)(B)	24,319		467,168
Dyne Therapeutics, Inc. (A)	7,057		114,606
Eagle Pharmaceuticals, Inc. (A)	2,552		142,351
Editas Medicine, Inc. (A)	15,041		617,884
Emergent BioSolutions, Inc. (A)	10,671		534,297
Enanta Pharmaceuticals, Inc. (A)	4,186		237,807
Epizyme, Inc. (A)	21,030		107,674
Erasca, Inc. (A)	5,027		106,673
Fate Therapeutics, Inc. (A)	17,738		1,051,331
FibroGen, Inc. (A)	19,437		198,646
Flexion Therapeutics, Inc. (A)	11,961		72,962
Foghorn Therapeutics, Inc. (A)(B)	3,260		45,412
Forma Therapeutics Holdings, Inc. (A)	8,178		189,648
Forte Biosciences, Inc. (A)(B)	7,466		22,099
G1 Therapeutics, Inc. (A)(B)	9,016		120,995
Generation Bio Company (A)	9,998		250,650
Geron Corp. (A)(B)	76,613		104,960

Small Cap Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Biotechnology (continued)
Global Blood Therapeutics, Inc. (A)	13,529	$	344,719
Gossamer Bio, Inc. (A)	15,330		192,698
Graphite Bio, Inc. (A)	4,094		67,101
Gritstone bio, Inc. (A)	9,552		103,162
Halozyme Therapeutics, Inc. (A)	30,908		1,257,337
Heron Therapeutics, Inc. (A)	21,235		227,002
Homology Medicines, Inc. (A)	11,201		88,152
Humanigen, Inc. (A)(B)	10,246		60,759
iBio, Inc. (A)(B)	68,193		72,285
Icosavax, Inc. (A)	3,093		91,522
Ideaya Biosciences, Inc. (A)	7,415		189,008
IGM Biosciences, Inc. (A)	1,897		124,747
ImmunityBio, Inc. (A)	15,138		147,444
ImmunoGen, Inc. (A)	44,765		253,818
Immunovant, Inc. (A)	10,751		93,426
Infinity Pharmaceuticals, Inc. (A)	22,317		76,324
Inhibrx, Inc. (A)	6,594		219,646
Inovio Pharmaceuticals, Inc. (A)	46,611		333,735
Inozyme Pharma, Inc. (A)	5,602		64,927
Insmed, Inc. (A)	25,530		703,096
Instil Bio, Inc. (A)	4,153		74,235
Intellia Therapeutics, Inc. (A)	15,060		2,020,299
Intercept Pharmaceuticals, Inc. (A)	6,541		97,134
Invitae Corp. (A)(B)	44,050		1,252,342
Ironwood Pharmaceuticals, Inc. (A)	32,641		426,291
iTeos Therapeutics, Inc. (A)	4,799		129,573
IVERIC bio, Inc. (A)	23,240		377,418
Janux Therapeutics, Inc. (A)(B)	3,255		70,406
Jounce Therapeutics, Inc. (A)	9,078		67,450
Kadmon Holdings, Inc. (A)	39,193		341,371
KalVista Pharmaceuticals, Inc. (A)	4,708		82,155
Karuna Therapeutics, Inc. (A)	4,882		597,215
Karyopharm Therapeutics, Inc. (A)	16,708		97,241
Keros Therapeutics, Inc. (A)	3,635		143,801
Kezar Life Sciences, Inc. (A)	5,878		50,786
Kiniksa Pharmaceuticals, Ltd., Class A (A)	7,290		83,033
Kinnate Biopharma, Inc. (A)(B)	6,273		144,404
Kodiak Sciences, Inc. (A)	7,374		707,757
Kronos Bio, Inc. (A)(B)	8,934		187,257
Krystal Biotech, Inc. (A)	4,113		214,740
Kura Oncology, Inc. (A)	14,477		271,154
Kymera Therapeutics, Inc. (A)	7,610		447,011
Lexicon Pharmaceuticals, Inc. (A)	16,142		77,643
Ligand Pharmaceuticals, Inc. (A)	3,377		470,484
Lineage Cell Therapeutics, Inc. (A)(B)	31,209		78,647
Lyell Immunopharma, Inc. (A)	6,236		92,293
MacroGenics, Inc. (A)	13,309		278,690
Madrigal Pharmaceuticals, Inc. (A)	2,593		206,895
MannKind Corp. (A)(B)	55,988		243,548
MaxCyte, Inc. (A)	4,162		50,818
MEI Pharma, Inc. (A)	27,787		76,692
MeiraGTx Holdings PLC (A)	7,685		101,288
Mersana Therapeutics, Inc. (A)	16,000		150,880
MiMedx Group, Inc. (A)	25,370		153,742
Molecular Templates, Inc. (A)	9,321		62,544
Monte Rosa Therapeutics, Inc. (A)	2,747		61,203
Morphic Holding, Inc. (A)	4,446		251,821
Mustang Bio, Inc. (A)	25,593		68,845
Myriad Genetics, Inc. (A)	17,271		557,681
NexImmune, Inc. (A)	4,799		72,657
Nkarta, Inc. (A)	3,358		93,386
Nurix Therapeutics, Inc. (A)	7,210		216,012
Nuvalent, Inc., Class A (A)	2,476		55,834
Ocugen, Inc. (A)(B)	41,489		297,891

 

208

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Small Cap Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Biotechnology (continued)
Olema Pharmaceuticals, Inc. (A)	5,936	$	163,596
OPKO Health, Inc. (A)(B)	88,166		321,806
Organogenesis Holdings, Inc. (A)	8,727		124,272
ORIC Pharmaceuticals, Inc. (A)	7,072		147,876
Passage Bio, Inc. (A)	8,785		87,499
PDL BioPharma, Inc. (A)(C)	28,581		51,732
Pfenex, Inc. (A)(C)	9,241		10,131
PMV Pharmaceuticals, Inc. (A)	6,083		181,273
Praxis Precision Medicines, Inc. (A)	7,723		142,798
Precigen, Inc. (A)	21,875		109,156
Precision BioSciences, Inc. (A)	11,089		127,967
Prelude Therapeutics, Inc. (A)	2,612		81,625
Progenics Pharmaceuticals, Inc. (A)(C)	24,422		1,043
Prometheus Biosciences, Inc. (A)	2,178		51,640
Protagonist Therapeutics, Inc. (A)	10,549		186,928
Prothena Corp. PLC (A)	7,730		550,608
PTC Therapeutics, Inc. (A)	15,274		568,346
Puma Biotechnology, Inc. (A)	8,186		57,384
Radius Health, Inc. (A)	10,799		134,016
RAPT Therapeutics, Inc. (A)	4,775		148,264
Recursion Pharmaceuticals, Inc., Class A (A)	6,413		147,563
REGENXBIO, Inc. (A)	8,994		377,028
Relay Therapeutics, Inc. (A)	13,238		417,394
Replimune Group, Inc. (A)	6,867		203,538
REVOLUTION Medicines, Inc. (A)	13,468		370,505
Rhythm Pharmaceuticals, Inc. (A)	10,323		134,818
Rigel Pharmaceuticals, Inc. (A)	40,220		145,999
Rocket Pharmaceuticals, Inc. (A)	9,033		269,996
Rubius Therapeutics, Inc. (A)	10,233		182,966
Sana Biotechnology, Inc. (A)(B)	19,204		432,474
Sangamo Therapeutics, Inc. (A)	26,511		238,864
Scholar Rock Holding Corp. (A)	6,399		211,295
Selecta Biosciences, Inc. (A)	21,386		88,966
Sensei Biotherapeutics, Inc. (A)(B)	6,097		64,140
Seres Therapeutics, Inc. (A)	15,735		109,516
Shattuck Labs, Inc. (A)(B)	6,142		125,174
Silverback Therapeutics, Inc. (A)(B)	5,449		54,381
Sorrento Therapeutics, Inc. (A)(B)	61,222		467,124
Spectrum Pharmaceuticals, Inc. (A)	44,264		96,496
Spero Therapeutics, Inc. (A)	6,371		117,290
SpringWorks Therapeutics, Inc. (A)	6,388		405,255
SQZ Biotechnologies Company (A)	5,739		82,756
Stoke Therapeutics, Inc. (A)	4,441		112,979
Surface Oncology, Inc. (A)	9,727		73,633
Sutro Biopharma, Inc. (A)	10,069		190,203
Syndax Pharmaceuticals, Inc. (A)	10,358		197,941
Synergy Pharmaceuticals, Inc. (A)(C)	80,513		233
Syros Pharmaceuticals, Inc. (A)	14,453		64,605
Taysha Gene Therapies, Inc. (A)(B)	5,276		98,239
TCR2 Therapeutics, Inc. (A)	7,496		63,791
Tenaya Therapeutics, Inc. (A)	3,954		81,650
TG Therapeutics, Inc. (A)	28,230		939,494
Tonix Pharmaceuticals Holding Corp. (A)(B)	111,592		67,078
Travere Therapeutics, Inc. (A)	12,779		309,891
Trevena, Inc. (A)(B)	54,659		67,231
Trillium Therapeutics, Inc. (A)	22,276		391,167
Turning Point Therapeutics, Inc. (A)	10,154		674,530
Twist Bioscience Corp. (A)	10,350		1,107,140
UroGen Pharma, Ltd. (A)(B)	5,139		86,438
Vanda Pharmaceuticals, Inc. (A)	12,467		213,684
Vaxart, Inc. (A)	27,064		215,159
Vaxcyte, Inc. (A)	9,278		235,383
VBI Vaccines, Inc. (A)	43,426		135,055

Small Cap Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Biotechnology (continued)
Veracyte, Inc. (A)	14,863	$	690,386
Verastem, Inc. (A)	39,946		123,034
Vericel Corp. (A)	10,137		494,686
Verve Therapeutics, Inc. (A)	3,624		170,328
Viking Therapeutics, Inc. (A)(B)	16,767		105,297
Vir Biotechnology, Inc. (A)	13,174		573,332
Viracta Therapeutics, Inc. (A)	8,718		69,918
VistaGen Therapeutics, Inc. (A)	45,780		125,437
Vor BioPharma, Inc. (A)	3,629		56,903
Xencor, Inc. (A)	12,385		404,494
Y-mAbs Therapeutics, Inc. (A)	8,019		228,862
Zentalis Pharmaceuticals, Inc. (A)	7,939		529,055
ZIOPHARM Oncology, Inc. (A)	57,301		104,288
			62,918,318
Health care equipment and supplies – 3.5%
Accelerate Diagnostics, Inc. (A)	10,958		63,885
Accuray, Inc. (A)	23,217		91,707
Acutus Medical, Inc. (A)(B)	6,252		55,268
Alphatec Holdings, Inc. (A)	15,674		191,066
AngioDynamics, Inc. (A)	7,822		202,903
Apyx Medical Corp. (A)	8,315		115,163
Asensus Surgical, Inc. (A)(B)	53,438		98,860
Aspira Women's Health, Inc. (A)(B)	17,279		56,157
AtriCure, Inc. (A)	9,827		683,468
Atrion Corp.	305		212,738
Avanos Medical, Inc. (A)	10,752		335,462
Axogen, Inc. (A)	8,848		139,798
Axonics, Inc. (A)	10,023		652,397
BioLife Solutions, Inc. (A)	5,313		224,846
Butterfly Network, Inc. (A)(B)	40,352		421,275
Cardiovascular Systems, Inc. (A)	8,941		293,533
Cerus Corp. (A)	38,835		236,505
ClearPoint Neuro, Inc. (A)(B)	4,599		81,632
CONMED Corp.	6,318		826,584
CryoLife, Inc. (A)	8,608		191,872
CryoPort, Inc. (A)(B)	8,897		591,739
Cutera, Inc. (A)	4,067		189,522
CytoSorbents Corp. (A)	10,859		88,175
Eargo, Inc. (A)	4,459		30,009
Glaukos Corp. (A)	9,764		470,332
Haemonetics Corp. (A)	11,050		780,020
Heska Corp. (A)	2,143		554,051
Inari Medical, Inc. (A)	7,426		602,249
Inogen, Inc. (A)	4,377		188,605
Integer Holdings Corp. (A)	7,124		636,458
Intersect ENT, Inc. (A)	7,501		204,027
iRadimed Corp. (A)	1,368		45,951
iRhythm Technologies, Inc. (A)	6,631		388,311
Lantheus Holdings, Inc. (A)	15,105		387,896
LeMaitre Vascular, Inc.	4,115		218,465
LivaNova PLC (A)	11,699		926,444
Meridian Bioscience, Inc. (A)	9,702		186,666
Merit Medical Systems, Inc. (A)	11,237		806,817
Mesa Laboratories, Inc.	1,081		326,851
Misonix, Inc. (A)	3,201		80,985
Natus Medical, Inc. (A)	7,580		190,106
Neogen Corp. (A)	23,482		1,019,823
Nevro Corp. (A)	7,591		883,441
NuVasive, Inc. (A)	11,245		673,013
OraSure Technologies, Inc. (A)	15,993		180,881
Ortho Clinical Diagnostics Holdings PLC (A)	24,378		450,505
Orthofix Medical, Inc. (A)	4,334		165,212
OrthoPediatrics Corp. (A)	3,172		207,798
Outset Medical, Inc. (A)	10,008		494,796

 

209

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Small Cap Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Health care equipment and supplies (continued)
PAVmed, Inc. (A)	17,355	$	148,212
Pulmonx Corp. (A)	5,794		208,468
Pulse Biosciences, Inc. (A)	2,633		56,873
Quotient, Ltd. (A)	25,247		59,078
SeaSpine Holdings Corp. (A)	7,463		117,393
Senseonics Holdings, Inc. (A)(B)	93,468		316,857
Shockwave Medical, Inc. (A)	7,372		1,517,747
SI-BONE, Inc. (A)	7,380		158,080
Sientra, Inc. (A)	13,994		80,186
Sight Sciences, Inc. (A)	2,642		59,973
Silk Road Medical, Inc. (A)	7,702		423,841
Soliton, Inc. (A)	2,443		49,739
STAAR Surgical Company (A)	10,383		1,334,527
Stereotaxis, Inc. (A)	11,987		64,490
Surmodics, Inc. (A)	3,132		174,139
Tactile Systems Technology, Inc. (A)	4,358		193,713
TransMedics Group, Inc. (A)	5,949		196,852
Treace Medical Concepts, Inc. (A)	2,546		68,487
Utah Medical Products, Inc.	1,107		102,774
Vapotherm, Inc. (A)	5,309		118,231
Varex Imaging Corp. (A)	8,713		245,707
ViewRay, Inc. (A)	31,400		226,394
			23,066,028
Health care providers and services – 2.9%
1Life Healthcare, Inc. (A)	25,547		517,327
Accolade, Inc. (A)	11,323		477,491
AdaptHealth Corp. (A)	15,758		367,004
Addus HomeCare Corp. (A)	3,372		268,917
Agiliti, Inc. (A)	5,146		97,980
Alignment Healthcare, Inc. (A)	6,050		96,679
AMN Healthcare Services, Inc. (A)	10,216		1,172,286
Apollo Medical Holdings, Inc. (A)(B)	8,349		760,176
Apria, Inc. (A)	3,461		128,576
Aveanna Healthcare Holdings, Inc. (A)	8,895		71,338
Brookdale Senior Living, Inc. (A)	42,000		264,600
Castle Biosciences, Inc. (A)	4,605		306,233
Community Health Systems, Inc. (A)	27,831		325,623
CorVel Corp. (A)	1,975		367,785
Covetrus, Inc. (A)	23,286		422,408
Cross Country Healthcare, Inc. (A)	8,662		183,981
Fulgent Genetics, Inc. (A)(B)	4,569		410,982
Hanger, Inc. (A)	8,559		187,956
HealthEquity, Inc. (A)	17,977		1,164,191
LHC Group, Inc. (A)	6,668		1,046,276
LifeStance Health Group, Inc. (A)	10,658		154,541
Magellan Health, Inc. (A)	5,094		481,638
MEDNAX, Inc. (A)	17,104		486,267
ModivCare, Inc. (A)	2,706		491,464
National HealthCare Corp.	2,604		182,228
National Research Corp.	3,166		133,510
Option Care Health, Inc. (A)	32,825		796,335
Owens & Minor, Inc.	15,728		492,129
Patterson Companies, Inc.	18,644		561,930
PetIQ, Inc. (A)(B)	5,992		149,620
Privia Health Group, Inc. (A)	4,472		105,360
Progyny, Inc. (A)	13,857		775,992
R1 RCM, Inc. (A)	26,201		576,684
RadNet, Inc. (A)	10,189		298,640
Select Medical Holdings Corp.	24,125		872,601
Surgery Partners, Inc. (A)	7,152		302,816
Tenet Healthcare Corp. (A)	23,194		1,541,009
The Ensign Group, Inc.	11,454		857,790
The Joint Corp. (A)	3,110		304,842
The Pennant Group, Inc. (A)	5,920		166,293
Tivity Health, Inc. (A)	10,044		231,615

Small Cap Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Health care providers and services (continued)
Triple-S Management Corp. (A)	4,932	$	174,445
US Physical Therapy, Inc.	2,777		307,136
Viemed Healthcare, Inc. (A)	11,051		61,333
			19,144,027
Health care technology – 1.2%
Allscripts Healthcare Solutions, Inc. (A)	27,535		368,143
American Well Corp., Class A (A)	41,207		375,396
Computer Programs & Systems, Inc. (A)	3,540		125,528
Evolent Health, Inc., Class A (A)	17,110		530,410
Health Catalyst, Inc. (A)	11,049		552,560
HealthStream, Inc. (A)	5,315		151,903
Inovalon Holdings, Inc., Class A (A)	16,503		664,906
Inspire Medical Systems, Inc. (A)	5,886		1,370,732
MultiPlan Corp. (A)(B)	50,451		284,039
NextGen Healthcare, Inc. (A)	12,709		179,197
Omnicell, Inc. (A)	9,315		1,382,625
OptimizeRx Corp. (A)	3,851		329,453
Phreesia, Inc. (A)	10,752		663,398
Schrodinger, Inc. (A)	9,928		542,863
Simulations Plus, Inc.	3,506		138,487
Tabula Rasa HealthCare, Inc. (A)	5,168		135,453
Vocera Communications, Inc. (A)	7,305		334,277
			8,129,370
Life sciences tools and services – 0.9%
Berkeley Lights, Inc. (A)	10,782		210,896
Bionano Genomics, Inc. (A)(B)	63,323		348,277
ChromaDex Corp. (A)(B)	11,279		70,719
Codexis, Inc. (A)	13,234		307,823
Cytek Biosciences, Inc. (A)	3,751		80,309
Fluidigm Corp. (A)	17,384		114,561
Harvard Bioscience, Inc. (A)	10,064		70,247
Inotiv, Inc. (A)	3,177		92,895
Medpace Holdings, Inc. (A)	6,311		1,194,546
NanoString Technologies, Inc. (A)	9,915		476,019
NeoGenomics, Inc. (A)	24,848		1,198,668
Pacific Biosciences of California, Inc. (A)	42,527		1,086,565
Personalis, Inc. (A)	8,159		156,979
Quanterix Corp. (A)	7,002		348,630
Seer, Inc. (A)(B)	9,382		323,960
			6,081,094
Pharmaceuticals – 1.6%
9 Meters Biopharma, Inc. (A)(B)	53,079		69,003
Aclaris Therapeutics, Inc. (A)(B)	11,453		206,154
Aerie Pharmaceuticals, Inc. (A)	9,966		113,612
Amneal Pharmaceuticals, Inc. (A)	22,604		120,705
Amphastar Pharmaceuticals, Inc. (A)	8,538		162,307
Ampio Pharmaceuticals, Inc. (A)(B)	46,000		76,360
Angion Biomedica Corp. (A)	5,108		49,905
ANI Pharmaceuticals, Inc. (A)	2,535		83,199
Antares Pharma, Inc. (A)	39,293		143,027
Arvinas, Inc. (A)	9,588		787,942
Atea Pharmaceuticals, Inc. (A)	14,066		493,154
Athira Pharma, Inc. (A)(B)	7,909		74,186
Axsome Therapeutics, Inc. (A)(B)	6,275		206,824
BioDelivery Sciences International, Inc. (A)	24,954		90,084
Cara Therapeutics, Inc. (A)	10,412		160,865
Cassava Sciences, Inc. (A)(B)	8,568		531,901
Collegium Pharmaceutical, Inc. (A)	8,145		160,782
Corcept Therapeutics, Inc. (A)	21,078		414,815
Elanco Animal Health, Inc. (A)(C)	15,082		0
Endo International PLC (A)	51,484		166,808
Esperion Therapeutics, Inc. (A)	6,159		74,216

 

210

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Small Cap Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Pharmaceuticals (continued)
Evolus, Inc. (A)	7,505	$	57,188
EyePoint Pharmaceuticals, Inc. (A)	6,173		64,323
Fulcrum Therapeutics, Inc. (A)	6,019		169,796
Harmony Biosciences Holdings, Inc. (A)	5,218		200,006
Innoviva, Inc. (A)	10,261		171,461
Intra-Cellular Therapies, Inc. (A)	15,430		575,230
KemPharm, Inc. (A)(B)	8,683		81,012
Marinus Pharmaceuticals, Inc. (A)(B)	8,613		98,016
Mind Medicine MindMed, Inc. (A)	79,524		185,291
NGM Biopharmaceuticals, Inc. (A)	7,276		152,942
Nuvation Bio, Inc. (A)(B)	15,747		156,525
Ocular Therapeutix, Inc. (A)	17,574		175,740
Omeros Corp. (A)(B)	13,931		192,108
Oramed Pharmaceuticals, Inc. (A)	7,446		163,663
Pacira BioSciences, Inc. (A)	9,803		548,968
Paratek Pharmaceuticals, Inc. (A)(B)	15,215		73,945
Phathom Pharmaceuticals, Inc. (A)	4,746		152,347
Phibro Animal Health Corp., Class A	4,993		107,549
Pliant Therapeutics, Inc. (A)(B)	5,531		93,363
Prestige Consumer Healthcare, Inc. (A)	10,791		605,483
Provention Bio, Inc. (A)(B)	13,613		87,123
Reata Pharmaceuticals, Inc., Class A (A)	6,011		604,767
Relmada Therapeutics, Inc. (A)	3,661		95,955
Revance Therapeutics, Inc. (A)	15,940		444,088
SIGA Technologies, Inc. (A)	12,115		89,530
Supernus Pharmaceuticals, Inc. (A)	11,029		294,143
TherapeuticsMD, Inc. (A)(B)	118,758		88,047
Theravance Biopharma, Inc. (A)	15,504		114,730
Zogenix, Inc. (A)	12,884		195,708
			10,224,896
			129,563,733
Industrials – 14.1%
Aerospace and defense – 0.6%
AAR Corp. (A)	7,538		244,457
Aerojet Rocketdyne Holdings, Inc.	16,175		704,421
AeroVironment, Inc. (A)	4,837		417,530
Astronics Corp. (A)	6,078		85,457
Byrna Technologies, Inc. (A)	4,298		93,954
Ducommun, Inc. (A)	2,588		130,306
Kaman Corp.	6,227		222,117
Kratos Defense & Security Solutions, Inc. (A)	26,777		597,395
Maxar Technologies, Inc.	16,026		453,856
Moog, Inc., Class A	6,183		471,330
National Presto Industries, Inc.	1,222		100,302
PAE, Inc. (A)	16,385		97,982
Park Aerospace Corp.	5,600		76,608
Parsons Corp. (A)	5,867		198,070
Triumph Group, Inc. (A)	14,321		266,800
Vectrus, Inc. (A)	2,859		143,751
			4,304,336
Air freight and logistics – 0.3%
Air Transport Services Group, Inc. (A)	12,753		329,155
Atlas Air Worldwide Holdings, Inc. (A)	6,210		507,233
Echo Global Logistics, Inc. (A)	6,030		287,691
Forward Air Corp.	5,937		492,890
Hub Group, Inc., Class A (A)	7,176		493,350
			2,110,319
Airlines – 0.4%
Allegiant Travel Company (A)	3,369		658,572
Frontier Group Holdings, Inc. (A)	7,635		120,557
Hawaiian Holdings, Inc. (A)	11,658		252,512
Mesa Air Group, Inc. (A)	8,384		64,221
SkyWest, Inc. (A)	10,761		530,948

Small Cap Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Airlines (continued)
Spirit Airlines, Inc. (A)	21,728	$	563,624
Sun Country Airlines Holdings, Inc. (A)	3,896		130,672
			2,321,106
Building products – 1.0%
AAON, Inc.	9,114		595,509
American Woodmark Corp. (A)	3,833		250,563
Apogee Enterprises, Inc.	5,380		203,149
Caesarstone, Ltd.	6,340		78,743
Cornerstone Building Brands, Inc. (A)	12,453		181,938
CSW Industrials, Inc.	3,174		405,320
Gibraltar Industries, Inc. (A)	7,090		493,819
Griffon Corp.	10,390		255,594
Insteel Industries, Inc.	4,450		169,323
JELD-WEN Holding, Inc. (A)	18,367		459,726
Masonite International Corp. (A)	5,246		556,758
PGT Innovations, Inc. (A)	13,351		255,004
Quanex Building Products Corp.	7,983		170,916
Resideo Technologies, Inc. (A)	31,750		787,083
Simpson Manufacturing Company, Inc.	9,380		1,003,379
UFP Industries, Inc.	13,038		886,323
View, Inc. (A)(B)	23,827		129,142
			6,882,289
Commercial services and supplies – 1.7%
ABM Industries, Inc.	14,716		662,367
ACCO Brands Corp.	22,224		190,904
Brady Corp., Class A	10,197		516,988
BrightView Holdings, Inc. (A)	9,411		138,906
Casella Waste Systems, Inc., Class A (A)	10,667		810,052
CECO Environmental Corp. (A)	7,119		50,118
Cimpress PLC (A)	3,760		326,481
CoreCivic, Inc. (A)	26,815		238,654
Covanta Holding Corp.	26,094		525,011
Deluxe Corp.	9,412		337,797
Ennis, Inc.	6,237		117,567
Harsco Corp. (A)	17,739		300,676
Healthcare Services Group, Inc.	16,345		408,462
Heritage-Crystal Clean, Inc. (A)	4,173		120,934
Herman Miller, Inc.	16,146		608,058
HNI Corp.	9,695		356,000
Interface, Inc.	13,403		203,055
KAR Auction Services, Inc. (A)	26,384		432,434
Kimball International, Inc., Class B	9,622		107,766
Matthews International Corp., Class A	7,026		243,732
Montrose Environmental Group, Inc. (A)	5,193		320,616
Pitney Bowes, Inc.	39,538		285,069
RR Donnelley & Sons Company (A)	16,543		85,031
SP Plus Corp. (A)	5,513		169,084
Steelcase, Inc., Class A	19,851		251,711
Tetra Tech, Inc.	11,650		1,739,811
The Brink's Company	10,685		676,361
UniFirst Corp.	3,255		692,078
US Ecology, Inc. (A)	7,253		234,635
Viad Corp. (A)	4,709		213,836
VSE Corp.	2,627		126,543
			11,490,737
Construction and engineering – 1.3%
Ameresco, Inc., Class A (A)	6,635		387,683
API Group Corp. (A)(D)	43,577		886,792
Arcosa, Inc.	10,445		524,026
Argan, Inc.	3,537		154,461
Comfort Systems USA, Inc.	7,715		550,234
Concrete Pumping Holdings, Inc. (A)	6,889		58,832
Construction Partners, Inc., Class A (A)	6,195		206,727
Dycom Industries, Inc. (A)	6,477		461,421

 

211

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Small Cap Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Construction and engineering (continued)
EMCOR Group, Inc.	11,462	$	1,322,486
Fluor Corp. (A)	31,893		509,331
Granite Construction, Inc.	9,824		388,539
Great Lakes Dredge & Dock Corp. (A)	13,947		210,460
IES Holdings, Inc. (A)	2,155		98,462
Infrastructure and Energy Alternatives, Inc. (A)	6,942		79,347
Matrix Service Company (A)	7,471		78,147
MYR Group, Inc. (A)	3,512		349,444
NV5 Global, Inc. (A)	2,937		289,500
Primoris Services Corp.	12,079		295,815
Sterling Construction Company, Inc. (A)	6,827		154,768
Tutor Perini Corp. (A)	9,399		121,999
WillScot Mobile Mini Holdings Corp. (A)	45,898		1,455,885
			8,584,359
Electrical equipment – 1.0%
Allied Motion Technologies, Inc.	3,247		101,566
American Superconductor Corp. (A)	6,886		100,398
Array Technologies, Inc. (A)	27,812		515,078
Atkore, Inc. (A)	10,051		873,633
AZZ, Inc.	5,165		274,778
Babcock & Wilcox Enterprises, Inc. (A)	12,924		82,843
Beam Global (A)	2,122		58,079
Blink Charging Company (A)(B)	8,260		236,319
Bloom Energy Corp., Class A (A)	30,366		568,452
Encore Wire Corp.	4,340		411,562
EnerSys	9,289		691,473
Eos Energy Enterprises, Inc. (A)	10,356		145,295
FuelCell Energy, Inc. (A)(B)	72,509		485,085
GrafTech International, Ltd.	44,156		455,690
Preformed Line Products Company	247		16,065
Romeo Power, Inc. (A)(B)	30,637		151,653
Stem, Inc. (A)	10,815		258,370
Thermon Group Holdings, Inc. (A)	8,113		140,436
TPI Composites, Inc. (A)	8,082		272,768
Vicor Corp. (A)	4,607		618,075
			6,457,618
Industrial conglomerates – 0.1%
Raven Industries, Inc. (A)	7,706		443,943
Machinery – 3.8%
Alamo Group, Inc.	2,064		287,990
Albany International Corp., Class A	6,632		509,802
Altra Industrial Motion Corp.	14,308		791,948
Astec Industries, Inc.	5,108		274,861
Barnes Group, Inc.	10,170		424,394
Blue Bird Corp. (A)	3,902		81,396
Chart Industries, Inc. (A)	7,967		1,522,573
CIRCOR International, Inc. (A)	4,348		143,527
Columbus McKinnon Corp.	6,247		302,042
Commercial Vehicle Group, Inc. (A)	8,180		77,383
Desktop Metal, Inc., Class A (A)(B)	34,250		245,573
Douglas Dynamics, Inc.	5,179		187,998
Energy Recovery, Inc. (A)	9,844		187,331
Enerpac Tool Group Corp.	13,934		288,852
EnPro Industries, Inc.	4,409		384,112
ESCO Technologies, Inc.	5,482		422,114
Evoqua Water Technologies Corp. (A)	25,400		954,024
Federal Signal Corp.	12,939		499,704
Franklin Electric Company, Inc.	9,858		787,161
Helios Technologies, Inc.	7,120		584,623
Hillenbrand, Inc.	15,965		680,907
Hydrofarm Holdings Group, Inc. (A)	8,630		326,646
Hyliion Holdings Corp. (A)	26,595		223,398

Small Cap Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Machinery (continued)
Hyster-Yale Materials Handling, Inc.	2,296	$	115,397
Ideanomics, Inc. (A)	91,681		180,612
John Bean Technologies Corp.	6,857		963,751
Kadant, Inc.	2,474		504,943
Kennametal, Inc.	18,266		625,245
Lindsay Corp.	2,256		342,438
Luxfer Holdings PLC	6,084		119,429
Lydall, Inc. (A)	3,857		239,481
Meritor, Inc. (A)	14,910		317,732
Miller Industries, Inc.	2,808		95,584
Mueller Industries, Inc.	12,001		493,241
Mueller Water Products, Inc., Class A	34,244		521,194
Nikola Corp. (A)(B)	49,971		533,191
Omega Flex, Inc.	709		101,167
Park-Ohio Holdings Corp.	2,563		65,408
Proto Labs, Inc. (A)	6,220		414,252
RBC Bearings, Inc. (A)	5,437		1,153,731
REV Group, Inc.	6,669		114,440
Rexnord Corp.	26,297		1,690,634
SPX Corp. (A)	9,530		509,379
SPX FLOW, Inc.	9,117		666,453
Standex International Corp.	2,514		248,660
Tennant Company	4,106		303,639
Terex Corp.	14,707		619,165
The ExOne Company (A)	3,963		92,655
The Gorman-Rupp Company	4,903		175,576
The Greenbrier Companies, Inc.	6,864		295,083
The Manitowoc Company, Inc. (A)	7,823		167,569
The Shyft Group, Inc.	7,426		282,262
Titan International, Inc. (A)	12,077		86,471
TriMas Corp. (A)	9,343		302,339
Trinity Industries, Inc.	17,247		468,601
Wabash National Corp.	11,697		176,976
Watts Water Technologies, Inc., Class A	5,903		992,235
Welbilt, Inc. (A)	28,580		664,199
			24,831,491
Marine – 0.2%
Costamare, Inc.	11,941		184,966
Eagle Bulk Shipping, Inc. (A)	2,035		102,605
Genco Shipping & Trading, Ltd.	7,391		148,781
Matson, Inc.	9,318		752,056
Safe Bulkers, Inc. (A)	15,173		78,444
			1,266,852
Professional services – 1.6%
Acacia Research Corp. (A)	12,793		86,864
ASGN, Inc. (A)	11,362		1,285,497
Barrett Business Services, Inc.	1,879		143,293
CBIZ, Inc. (A)	10,486		339,117
CRA International, Inc.	1,556		154,573
Exponent, Inc.	11,252		1,273,164
First Advantage Corp. (A)	6,869		130,854
Forrester Research, Inc. (A)	2,786		137,238
Franklin Covey Company (A)	2,920		119,107
GP Strategies Corp. (A)	3,271		67,710
Heidrick & Struggles International, Inc.	4,463		199,184
Huron Consulting Group, Inc. (A)	5,054		262,808
ICF International, Inc.	3,969		354,392
Insperity, Inc.	7,932		878,390
KBR, Inc.	30,646		1,207,452
Kelly Services, Inc., Class A	8,241		155,590
Kforce, Inc.	4,419		263,549
Korn Ferry	11,958		865,281
ManTech International Corp., Class A	5,879		446,334
Mistras Group, Inc. (A)	6,058		61,549
Resources Connection, Inc.	7,654		120,780

 

212

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Small Cap Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Professional services (continued)
TriNet Group, Inc. (A)	8,812	$	833,439
TrueBlue, Inc. (A)	8,011		216,938
Upwork, Inc. (A)	25,772		1,160,513
Willdan Group, Inc. (A)	2,864		101,930
			10,865,546
Road and rail – 0.7%
ArcBest Corp.	5,707		466,661
Avis Budget Group, Inc. (A)	10,658		1,241,764
Covenant Logistics Group, Inc. (A)	3,704		102,416
Daseke, Inc. (A)	10,459		96,327
Heartland Express, Inc.	11,043		176,909
Marten Transport, Ltd.	13,755		215,816
Saia, Inc. (A)	5,759		1,370,815
Werner Enterprises, Inc.	13,494		597,379
Yellow Corp. (A)	12,403		70,077
			4,338,164
Trading companies and distributors – 1.3%
Applied Industrial Technologies, Inc.	8,459		762,410
Beacon Roofing Supply, Inc. (A)	12,244		584,773
BlueLinx Holdings, Inc. (A)	2,206		107,829
Boise Cascade Company	8,528		460,341
CAI International, Inc.	3,448		192,778
Custom Truck One Source, Inc. (A)(B)	10,466		97,648
DXP Enterprises, Inc. (A)	4,446		131,468
GATX Corp.	7,610		681,552
Global Industrial, Inc.	2,631		99,689
GMS, Inc. (A)	9,518		416,888
H&E Equipment Services, Inc.	7,347		255,014
Herc Holdings, Inc. (A)	5,463		892,982
McGrath RentCorp	5,280		379,896
MRC Global, Inc. (A)	18,532		136,025
NOW, Inc. (A)	25,208		192,841
Rush Enterprises, Inc., Class A	8,316		375,551
Rush Enterprises, Inc., Class B	2,200		100,694
Textainer Group Holdings, Ltd. (A)	10,233		357,234
Titan Machinery, Inc. (A)	4,698		121,725
Transcat, Inc. (A)	1,897		122,319
Triton International, Ltd.	14,433		751,093
Veritiv Corp. (A)	3,238		289,995
WESCO International, Inc. (A)	9,645		1,112,261
			8,623,006
Transportation infrastructure – 0.1%
Macquarie Infrastructure Holdings LLC	15,782		640,118
			93,159,884
Information technology – 13.7%
Communications equipment – 0.7%
ADTRAN, Inc.	10,913		204,728
Aviat Networks, Inc. (A)	2,338		76,827
CalAmp Corp. (A)	8,593		85,500
Calix, Inc. (A)	12,234		604,727
Cambium Networks Corp. (A)	2,508		90,765
Clearfield, Inc. (A)	2,686		118,587
Comtech Telecommunications Corp.	6,020		154,172
Digi International, Inc. (A)	7,892		165,890
EchoStar Corp., Class A (A)	8,761		223,493
EMCORE Corp. (A)	8,801		65,831
Extreme Networks, Inc. (A)	27,843		274,254
Harmonic, Inc. (A)	21,044		184,135
Infinera Corp. (A)	39,830		331,386
Inseego Corp. (A)(B)	19,063		126,960
NETGEAR, Inc. (A)	6,640		211,882
NetScout Systems, Inc. (A)	15,126		407,646
Plantronics, Inc. (A)	9,412		241,983

Small Cap Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Communications equipment (continued)
Ribbon Communications, Inc. (A)	16,289	$	97,408
Viavi Solutions, Inc. (A)	49,823		784,214
			4,450,388
Electronic equipment, instruments and components – 2.1%
908 Devices, Inc. (A)(B)	3,084		100,292
Advanced Energy Industries, Inc.	8,416		738,504
Aeva Technologies, Inc. (A)	17,775		141,134
Akoustis Technologies, Inc. (A)	10,428		101,152
Arlo Technologies, Inc. (A)	21,994		140,982
Badger Meter, Inc.	6,303		637,485
Belden, Inc.	9,595		559,005
Benchmark Electronics, Inc.	7,724		206,308
CTS Corp.	7,105		219,616
Daktronics, Inc. (A)	13,492		73,262
ePlus, Inc. (A)	2,815		288,847
Fabrinet (A)	8,029		823,053
FARO Technologies, Inc. (A)	4,036		265,609
Identiv, Inc. (A)	5,260		99,098
II-VI, Inc. (A)	22,933		1,361,303
Insight Enterprises, Inc. (A)	7,405		667,042
Itron, Inc. (A)	9,881		747,300
Kimball Electronics, Inc. (A)	5,761		148,461
Knowles Corp. (A)	19,521		365,824
Luna Innovations, Inc. (A)	8,531		81,045
Methode Electronics, Inc.	8,345		350,907
MicroVision, Inc. (A)(B)	36,844		407,126
Napco Security Technologies, Inc. (A)	3,447		148,497
nLight, Inc. (A)	9,669		272,569
Novanta, Inc. (A)	7,675		1,185,788
OSI Systems, Inc. (A)	3,726		353,225
PAR Technology Corp. (A)(B)	5,338		328,340
PC Connection, Inc.	2,463		108,446
Plexus Corp. (A)	6,001		536,549
Rogers Corp. (A)	4,076		760,092
Sanmina Corp. (A)	14,159		545,688
ScanSource, Inc. (A)	5,739		199,660
TTM Technologies, Inc. (A)	22,858		287,325
Velodyne Lidar, Inc. (A)(B)	18,740		110,941
Vishay Intertechnology, Inc.	28,584		574,253
Vishay Precision Group, Inc. (A)	3,177		110,464
			14,045,192
IT services – 1.5%
BigCommerce Holdings, Inc., Series 1 (A)	10,911		552,533
BM Technologies, Inc. (A)	1,115		9,924
Brightcove, Inc. (A)	9,813		113,242
Cantaloupe, Inc. (A)	13,611		146,727
Cass Information Systems, Inc.	3,523		147,438
Conduent, Inc. (A)	37,818		249,221
CSG Systems International, Inc.	7,082		341,352
DigitalOcean Holdings, Inc. (A)	10,882		844,770
EVERTEC, Inc.	13,100		598,932
EVO Payments, Inc., Class A (A)	10,573		250,369
ExlService Holdings, Inc. (A)	7,062		869,473
Flywire Corp. (A)	2,768		121,349
GreenSky, Inc., Class A (A)	16,541		184,928
Grid Dynamics Holdings, Inc. (A)	9,153		267,451
i3 Verticals, Inc., Class A (A)	4,924		119,210
International Money Express, Inc. (A)	8,143		135,988
Limelight Networks, Inc. (A)(B)	37,576		89,431
LiveRamp Holdings, Inc. (A)	14,558		687,574
MAXIMUS, Inc.	13,232		1,100,902
MoneyGram International, Inc. (A)	20,119		161,354
Paya Holdings, Inc. (A)	18,744		203,747
Perficient, Inc. (A)	7,081		819,272

 

213

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Small Cap Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
IT services (continued)
Rackspace Technology, Inc. (A)(B)	12,110	$	172,204
Repay Holdings Corp. (A)	19,624		451,941
The Hackett Group, Inc.	5,795		113,698
TTEC Holdings, Inc.	3,946		369,069
Tucows, Inc., Class A (A)	2,224		175,585
Unisys Corp. (A)	14,653		368,376
Verra Mobility Corp. (A)	29,270		441,099
			10,107,159
Semiconductors and semiconductor equipment – 2.9%
Alpha & Omega Semiconductor, Ltd. (A)	4,923		154,435
Ambarella, Inc. (A)	7,655		1,192,190
Amkor Technology, Inc.	22,099		551,370
Atomera, Inc. (A)(B)	4,756		109,816
Axcelis Technologies, Inc. (A)	7,426		349,245
AXT, Inc. (A)	10,109		84,208
CEVA, Inc. (A)	5,143		219,452
CMC Materials, Inc.	6,392		787,686
Cohu, Inc. (A)	10,735		342,876
Diodes, Inc. (A)	9,394		851,002
DSP Group, Inc. (A)	5,225		114,480
FormFactor, Inc. (A)	16,972		633,565
Ichor Holdings, Ltd. (A)	6,177		253,813
Impinj, Inc. (A)	4,216		240,860
Kopin Corp. (A)	17,663		90,611
Kulicke & Soffa Industries, Inc.	13,328		776,756
Lattice Semiconductor Corp. (A)	29,531		1,909,179
MACOM Technology Solutions Holdings, Inc. (A)	10,619		688,855
MaxLinear, Inc. (A)	15,652		770,861
Meta Materials, Inc. (A)(B)	48,826		282,214
NeoPhotonics Corp. (A)	13,139		114,441
NVE Corp.	1,321		84,504
Onto Innovation, Inc. (A)	10,635		768,379
PDF Solutions, Inc. (A)	7,292		168,008
Photronics, Inc. (A)	13,530		184,414
Power Integrations, Inc.	13,117		1,298,452
Rambus, Inc. (A)	23,772		527,738
Semtech Corp. (A)	14,134		1,102,028
Silicon Laboratories, Inc. (A)	9,638		1,350,862
SiTime Corp. (A)	2,811		573,922
SMART Global Holdings, Inc. (A)	3,889		173,061
SunPower Corp. (A)	17,888		405,700
Synaptics, Inc. (A)	7,693		1,382,663
Ultra Clean Holdings, Inc. (A)	9,706		413,476
Veeco Instruments, Inc. (A)	11,142		247,464
			19,198,586
Software – 6.2%
8x8, Inc. (A)	24,551		574,248
A10 Networks, Inc. (A)	13,793		185,930
ACI Worldwide, Inc. (A)	25,773		792,004
Agilysys, Inc. (A)	4,363		228,447
Alarm.com Holdings, Inc. (A)	10,385		812,003
Altair Engineering, Inc., Class A (A)	10,254		706,911
American Software, Inc., Class A	7,131		169,361
Appfolio, Inc., Class A (A)	4,086		491,954
Appian Corp. (A)(B)	8,628		798,176
Asana, Inc., Class A (A)	16,163		1,678,366
Avaya Holdings Corp. (A)	18,524		366,590
Benefitfocus, Inc. (A)	6,133		68,076
Blackbaud, Inc. (A)	10,569		743,529
Blackline, Inc. (A)	11,712		1,382,719
Bottomline Technologies DE, Inc. (A)	9,657		379,327
Box, Inc., Class A (A)	31,230		739,214
BTRS Holdings, Inc. (A)	14,786		157,323
Cerence, Inc. (A)	8,278		795,599

Small Cap Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Software (continued)
ChannelAdvisor Corp. (A)	6,755	$	170,429
Cleanspark, Inc. (A)(B)	7,550		87,505
Cloudera, Inc. (A)	50,860		812,234
CommVault Systems, Inc. (A)	10,017		754,380
Cornerstone OnDemand, Inc. (A)	13,814		790,990
Couchbase, Inc. (A)	2,202		68,504
CS Disco, Inc. (A)	2,880		138,067
Digimarc Corp. (A)(B)	3,136		108,004
Digital Turbine, Inc. (A)	19,874		1,366,338
Domo, Inc., Class B (A)	5,987		505,542
Ebix, Inc.	6,032		162,442
eGain Corp. (A)	5,111		52,132
Envestnet, Inc. (A)	11,937		957,825
EverCommerce, Inc. (A)	3,862		63,684
GTY Technology Holdings, Inc. (A)	7,660		57,603
Instructure Holdings, Inc. (A)	2,895		65,398
Intapp, Inc. (A)	2,354		60,639
Intelligent Systems Corp. (A)(B)	1,956		79,433
InterDigital, Inc.	6,704		454,665
j2 Global, Inc. (A)	9,445		1,290,376
JFrog, Ltd. (A)	12,048		403,608
LivePerson, Inc. (A)	14,117		832,197
Marathon Digital Holdings, Inc. (A)	20,951		661,633
MeridianLink, Inc. (A)	3,103		69,383
MicroStrategy, Inc., Class A (A)(B)	1,713		990,799
Mimecast, Ltd. (A)	13,361		849,760
Mitek Systems, Inc. (A)	9,759		180,542
Model N, Inc. (A)	7,840		262,640
Momentive Global, Inc. (A)	28,808		564,637
ON24, Inc. (A)	6,398		127,576
OneSpan, Inc. (A)	8,126		152,606
PagerDuty, Inc. (A)	17,801		737,317
Ping Identity Holding Corp. (A)	11,205		275,307
Progress Software Corp.	9,483		466,469
PROS Holdings, Inc. (A)	9,071		321,839
Q2 Holdings, Inc. (A)	12,038		964,725
QAD, Inc., Class A	2,584		225,816
Qualys, Inc. (A)	7,444		828,443
Rapid7, Inc. (A)	12,141		1,372,176
Rekor Systems, Inc. (A)	7,540		86,635
Rimini Street, Inc. (A)	10,896		105,146
Riot Blockchain, Inc. (A)	18,342		471,389
Sailpoint Technologies Holdings, Inc. (A)	19,936		854,856
Sapiens International Corp. NV	7,043		202,698
SecureWorks Corp., Class A (A)	2,828		56,221
ShotSpotter, Inc. (A)	2,147		78,086
Sprout Social, Inc., Class A (A)	9,775		1,192,061
SPS Commerce, Inc. (A)	7,893		1,273,220
Sumo Logic, Inc. (A)	19,325		311,519
Telos Corp. (A)	8,913		253,307
Tenable Holdings, Inc. (A)	20,057		925,430
Upland Software, Inc. (A)	6,587		220,269
Varonis Systems, Inc. (A)	23,188		1,410,990
Verint Systems, Inc. (A)	13,911		623,074
Veritone, Inc. (A)	6,612		157,961
Vonage Holdings Corp. (A)	53,186		857,358
Workiva, Inc. (A)	9,314		1,312,901
Xperi Holding Corp.	22,855		430,588
Yext, Inc. (A)	25,095		301,893
Zix Corp. (A)	14,037		99,242
Zuora, Inc., Class A (A)	25,024		414,898
			41,043,182
Technology hardware, storage and peripherals – 0.3%
3D Systems Corp. (A)	26,541		731,735
Avid Technology, Inc. (A)	8,132		235,177

 

214

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Small Cap Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Technology hardware, storage and peripherals (continued)
Corsair Gaming, Inc. (A)(B)	5,978	$	155,010
Diebold Nixdorf, Inc. (A)	16,369		165,491
Eastman Kodak Company (A)(B)	10,835		73,786
Quantum Corp. (A)	13,934		72,178
Super Micro Computer, Inc. (A)	9,603		351,182
Turtle Beach Corp. (A)	3,519		97,899
			1,882,458
			90,726,965
Materials – 3.6%
Chemicals – 1.8%
AdvanSix, Inc. (A)	5,756		228,801
American Vanguard Corp.	7,492		112,755
Amyris, Inc. (A)	37,529		515,273
Avient Corp.	19,643		910,453
Balchem Corp.	6,954		1,008,817
Cabot Corp.	12,135		608,206
Chase Corp.	1,553		158,639
Danimer Scientific, Inc. (A)(B)	14,433		235,835
Ecovyst, Inc.	11,667		136,037
Ferro Corp. (A)	17,510		356,153
FutureFuel Corp.	8,685		61,924
GCP Applied Technologies, Inc. (A)	11,128		243,926
Hawkins, Inc.	4,301		150,019
HB Fuller Company	11,176		721,523
Ingevity Corp. (A)	8,688		620,063
Innospec, Inc.	5,228		440,302
Intrepid Potash, Inc. (A)	2,483		76,725
Koppers Holdings, Inc. (A)	5,054		157,988
Kraton Corp. (A)	7,050		321,762
Kronos Worldwide, Inc.	5,345		66,331
Livent Corp. (A)	35,595		822,600
Minerals Technologies, Inc.	7,066		493,489
Orion Engineered Carbons SA (A)	13,616		248,220
PureCycle Technologies, Inc. (A)(B)	7,598		100,901
Quaker Chemical Corp.	2,928		696,044
Rayonier Advanced Materials, Inc. (A)	14,810		111,075
Sensient Technologies Corp.	9,030		822,452
Stepan Company	4,454		503,035
Tredegar Corp.	7,830		95,369
Trinseo SA	8,260		445,875
Tronox Holdings PLC, Class A	24,881		613,317
			12,083,909
Construction materials – 0.2%
Forterra, Inc. (A)	6,540		154,082
Summit Materials, Inc., Class A (A)	25,746		823,100
			977,182
Containers and packaging – 0.2%
Greif, Inc., Class A	4,878		315,119
Greif, Inc., Class B	1,724		111,715
Myers Industries, Inc.	8,451		165,386
O-I Glass, Inc. (A)	33,872		483,353
Pactiv Evergreen, Inc.	9,538		119,416
Ranpak Holdings Corp. (A)	8,649		231,966
UFP Technologies, Inc. (A)	1,723		106,120
			1,533,075
Metals and mining – 1.2%
1911 Gold Corp. (A)	5,045		1,266
Allegheny Technologies, Inc. (A)	28,354		471,527
Arconic Corp. (A)	24,131		761,092
Carpenter Technology Corp.	10,678		349,598
Century Aluminum Company (A)	11,633		156,464
Coeur Mining, Inc. (A)	58,464		360,723
Commercial Metals Company	25,890		788,609

Small Cap Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Metals and mining (continued)
Compass Minerals International, Inc.	7,482	$	481,841
Constellium SE (A)	26,464		496,994
Gatos Silver, Inc. (A)	11,004		127,977
Haynes International, Inc.	3,121		116,257
Hecla Mining Company	116,839		642,615
Kaiser Aluminum Corp.	3,411		371,663
Materion Corp.	4,519		310,184
MP Materials Corp. (A)	15,763		508,041
Novagold Resources, Inc. (A)	52,523		361,358
Ryerson Holding Corp.	3,961		88,211
Schnitzer Steel Industries, Inc., Class A	5,865		256,946
SunCoke Energy, Inc.	19,751		124,036
TimkenSteel Corp. (A)	10,322		135,012
Warrior Met Coal, Inc.	11,428		265,930
Worthington Industries, Inc.	7,172		377,964
			7,554,308
Paper and forest products – 0.2%
Clearwater Paper Corp. (A)	3,933		150,752
Domtar Corp. (A)	10,772		587,505
Glatfelter Corp.	10,222		144,130
Neenah, Inc.	3,880		180,847
Schweitzer-Mauduit International, Inc.	7,056		244,561
Verso Corp., Class A	6,288		130,476
			1,438,271
			23,586,745
Real estate – 6.7%
Equity real estate investment trusts – 6.0%
Acadia Realty Trust	19,049		388,790
Agree Realty Corp.	14,179		939,075
Alexander & Baldwin, Inc.	16,140		378,322
Alexander's, Inc.	463		120,667
American Assets Trust, Inc.	10,752		402,340
American Finance Trust, Inc.	27,287		219,387
Apartment Investment and Management Company, Class A	33,111		226,810
Apple Hospitality REIT, Inc.	46,477		731,083
Armada Hoffler Properties, Inc.	14,110		188,651
Ashford Hospitality Trust, Inc. (A)	4,903		72,172
Braemar Hotels & Resorts, Inc. (A)	15,308		74,244
Brandywine Realty Trust	36,121		484,744
Broadstone Net Lease, Inc.	33,549		832,351
BRT Apartments Corp.	2,982		57,493
CareTrust REIT, Inc.	21,096		428,671
CatchMark Timber Trust, Inc., Class A	12,533		148,767
Centerspace	3,002		283,689
Chatham Lodging Trust (A)	11,277		138,143
City Office REIT, Inc.	10,267		183,369
Columbia Property Trust, Inc.	25,477		484,573
Community Healthcare Trust, Inc.	5,032		227,396
CorePoint Lodging, Inc. (A)	9,761		151,296
Corporate Office Properties Trust	24,052		648,923
CTO Realty Growth, Inc.	1,874		100,746
DiamondRock Hospitality Company (A)	46,978		443,942
DigitalBridge Group, Inc. (A)	107,628		648,997
Diversified Healthcare Trust	54,192		183,711
Easterly Government Properties, Inc.	18,014		372,169
EastGroup Properties, Inc.	8,331		1,388,195
Empire State Realty Trust, Inc., Class A	31,502		315,965
Equity Commonwealth (A)	23,493		610,348
Essential Properties Realty Trust, Inc.	25,433		710,089
Farmland Partners, Inc.	7,176		86,040
Four Corners Property Trust, Inc.	16,411		440,799
Franklin Street Properties Corp.	26,200		121,568
Getty Realty Corp.	8,060		236,239

 

215

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Small Cap Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Equity real estate investment trusts (continued)
Gladstone Commercial Corp.	8,759	$	184,202
Gladstone Land Corp.	6,813		155,132
Global Medical REIT, Inc.	13,418		197,245
Global Net Lease, Inc.	22,632		362,565
Healthcare Realty Trust, Inc.	30,956		921,870
Hersha Hospitality Trust (A)	9,792		91,359
Independence Realty Trust, Inc.	21,988		447,456
Indus Realty Trust, Inc.	1,261		88,396
Industrial Logistics Properties Trust	13,486		342,679
Innovative Industrial Properties, Inc.	5,165		1,193,993
iStar, Inc.	15,038		377,153
Kite Realty Group Trust	18,447		375,581
Lexington Realty Trust	57,765		736,504
LTC Properties, Inc.	8,691		275,418
Mack-Cali Realty Corp. (A)	19,789		338,788
Monmouth Real Estate Investment Corp.	20,195		376,637
National Health Investors, Inc.	9,346		500,011
National Storage Affiliates Trust	17,373		917,121
NETSTREIT Corp.	9,021		213,347
NexPoint Residential Trust, Inc.	4,642		287,247
Office Properties Income Trust	11,273		285,545
One Liberty Properties, Inc.	3,956		120,618
Outfront Media, Inc.	31,666		797,983
Paramount Group, Inc.	41,253		370,864
Pebblebrook Hotel Trust	28,376		635,906
Phillips Edison & Company, Inc.	4,680		143,723
Physicians Realty Trust	46,008		810,661
Piedmont Office Realty Trust, Inc., Class A	26,574		463,185
Plymouth Industrial REIT, Inc.	6,595		150,036
Postal Realty Trust, Inc., Class A	4,212		78,512
PotlatchDeltic Corp.	14,441		744,867
Preferred Apartment Communities, Inc.	12,475		152,569
PS Business Parks, Inc.	4,120		645,769
Retail Opportunity Investments Corp.	26,039		453,599
Retail Properties of America, Inc., Class A	46,648		600,826
Retail Value, Inc.	4,035		106,242
RLJ Lodging Trust	36,689		545,199
RPT Realty	18,241		232,755
Ryman Hospitality Properties, Inc. (A)	11,779		985,902
Sabra Health Care REIT, Inc.	48,000		706,560
Safehold, Inc.	3,665		263,477
Saul Centers, Inc.	2,830		124,690
Seritage Growth Properties, Class A (A)	8,315		123,311
Service Properties Trust	37,015		414,938
SITE Centers Corp.	38,212		589,993
STAG Industrial, Inc.	35,100		1,377,675
Summit Hotel Properties, Inc. (A)	23,585		227,124
Sunstone Hotel Investors, Inc. (A)	47,681		569,311
Tanger Factory Outlet Centers, Inc.	22,068		359,708
Terreno Realty Corp.	14,671		927,647
The GEO Group, Inc.	26,688		199,359
The Macerich Company	46,898		783,666
UMH Properties, Inc.	9,411		215,512
Uniti Group, Inc.	42,639		527,444
Universal Health Realty Income Trust	3,196		176,643
Urban Edge Properties	25,080		459,215
Urstadt Biddle Properties, Inc., Class A	7,346		139,060
Ventas, Inc.	3,118		172,145
Washington Real Estate Investment Trust	18,617		460,771
Whitestone REIT	10,937		106,964

Small Cap Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Equity real estate investment trusts (continued)
Xenia Hotels & Resorts, Inc. (A)	25,613	$	454,375
			39,556,817
Real estate management and development – 0.7%
Cushman & Wakefield PLC (A)	30,456		566,786
eXp World Holdings, Inc.	14,014		557,337
Forestar Group, Inc. (A)	4,341		80,873
FRP Holdings, Inc. (A)	1,773		99,146
Kennedy-Wilson Holdings, Inc.	25,813		540,008
Marcus & Millichap, Inc. (A)	5,270		214,067
Newmark Group, Inc., Class A	33,563		480,287
Rafael Holdings, Inc., Class B (A)(B)	2,328		71,539
RE/MAX Holdings, Inc., Class A	4,356		135,733
Realogy Holdings Corp. (A)	24,556		430,712
Redfin Corp. (A)(B)	22,440		1,124,244
Tejon Ranch Company (A)	5,037		89,457
The RMR Group, Inc., Class A	3,938		131,726
The St. Joe Company	7,206		303,373
			4,825,288
			44,382,105
Utilities – 2.3%
Electric utilities – 0.6%
ALLETE, Inc.	11,153		663,827
MGE Energy, Inc.	7,971		585,869
Otter Tail Corp.	8,873		496,622
PNM Resources, Inc.	18,210		901,031
Portland General Electric Company	18,973		891,541
Via Renewables, Inc.	7,205		73,419
			3,612,309
Gas utilities – 0.7%
Brookfield Infrastructure Corp., Class A	11,816		707,542
Chesapeake Utilities Corp.	3,656		438,903
New Jersey Resources Corp.	21,085		733,969
Northwest Natural Holding Company	7,041		323,816
ONE Gas, Inc.	11,356		719,630
South Jersey Industries, Inc.	22,320		474,523
Southwest Gas Holdings, Inc.	12,226		817,675
Spire, Inc.	10,942		669,432
			4,885,490
Independent power and renewable electricity producers – 0.3%
Clearway Energy, Inc., Class A	8,655		244,071
Clearway Energy, Inc., Class C	16,778		507,870
Ormat Technologies, Inc.	9,767		650,580
Sunnova Energy International, Inc. (A)	18,841		620,623
			2,023,144
Multi-utilities – 0.3%
Avista Corp.	15,068		589,460
Black Hills Corp.	13,429		842,804
NorthWestern Corp.	10,944		627,091
Unitil Corp.	3,819		163,377
			2,222,732
Water utilities – 0.4%
American States Water Company	7,766		664,148
Artesian Resources Corp., Class A	2,919		111,418
California Water Service Group	11,076		652,709
Global Water Resources, Inc.	2,852		53,389
Middlesex Water Company	3,708		381,108
Pure Cycle Corp. (A)	6,277		83,547
SJW Group	6,130		404,948

 

216

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Small Cap Index Trust (continued)

		Shares or Principal Amount	Value
COMMON STOCKS (continued)
Water utilities (continued)
The York Water Company		3,472	$	151,657
				2,502,924
				15,246,599
TOTAL COMMON STOCKS (Cost $460,140,446)			$	640,294,437
RIGHTS – 0.0%
Pan American Silver Corp. (Expiration Date: 2-22-29) (A)(E)		88,114		63,442
TOTAL RIGHTS (Cost $26,845)			$	63,442
WARRANTS – 0.0%
Nabors Industries, Ltd. (Expiration Date: 6-11-26; Strike Price: $166.67) (A)(B)		668		3,901
TOTAL WARRANTS (Cost $0)			$	3,901
SHORT-TERM INVESTMENTS – 5.0%
U.S. Government – 2.1%
U.S. Treasury Bill
0.050%, 10/28/2021 *	$	6,000,000		5,999,702
0.051%, 10/12/2021 *		8,000,000		7,999,930
				13,999,632
Short-term funds – 1.6%
John Hancock Collateral Trust, 0.0303% (F)(G)		1,050,506		10,511,576
Repurchase agreement – 1.3%
Repurchase Agreement with State Street Corp. dated 9-30-21 at 0.000% to be repurchased at $8,876,000 on 10-1-21, collateralized by $9,052,200 U.S. Treasury Notes, 0.125% due 12-31-22 (valued at $9,053,617)	$	8,876,000		8,876,000
TOTAL SHORT-TERM INVESTMENTS (Cost $33,387,436)			$	33,387,208
Total Investments (Small Cap Index Trust) (Cost $493,554,727) – 101.8%			$	673,748,988
Other assets and liabilities, net – (1.8%)				(12,096,321)
TOTAL NET ASSETS – 100.0%			$	661,652,667

Small Cap Index Trust (continued)

Security Abbreviations and Legend
(A)	Non-income producing security.
(B)	All or a portion of this security is on loan as of 9-30-21. The value of securities on loan amounted to $24,796,342. In addition to the cash collateral invested in John Hancock Collateral Trust, non-cash collateral of $14,709,717 in the form of U.S. Treasuries was pledged to the fund.
(C)	Security is valued using significant unobservable inputs and is classified as Level 3 in the fair value hierarchy.
(D)	These 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.
(E)	Strike price and/or expiration date not available.
(F)	The rate shown is the annualized seven-day yield as of 9-30-21.
(G)	Investment is an affiliate of the fund, the advisor and/or subadvisor. This security represents the investment of cash collateral received for securities lending.
*	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.

 

DERIVATIVES

FUTURES

Open contracts	Number of contracts	Position	Expiration date	Notional basis^	Notional value^	Unrealized appreciation (depreciation)
Russell 2000 E-Mini Index Futures	230	Long	Dec 2021	$25,821,038	$25,309,199	$(511,839)
						$(511,839)

^ Notional basis refers to the contractual amount agreed upon at inception of open contracts; notional value represents the current value of the open contract.

Small Cap Opportunities Trust

	Shares or Principal Amount	Value
COMMON STOCKS – 99.5%
Communication services – 2.2%
Diversified telecommunication services – 0.3%
ATN International, Inc.	1,281	$	60,015
Consolidated Communications Holdings, Inc. (A)	4,985		45,812
Liberty Latin America, Ltd., Class A (A)	4,204		54,988
Liberty Latin America, Ltd., Class C (A)	11,346		148,860

Small Cap Opportunities Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Diversified telecommunication services (continued)
Lumen Technologies, Inc.	11,654	$	144,393
			454,068
Entertainment – 0.6%
Ballantyne Strong, Inc. (A)	1,114		3,420
Liberty Media Corp.-Liberty Formula One, Series A (A)	2,022		95,135

 

217

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Small Cap Opportunities Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Entertainment (continued)
Liberty Media Corp.-Liberty Formula One, Series C (A)	11,028	$	566,949
Lions Gate Entertainment Corp., Class A (A)	5,809		82,430
Lions Gate Entertainment Corp., Class B (A)	8,534		110,942
Madison Square Garden Entertainment Corp. (A)	1,034		75,141
Reading International, Inc., Class A (A)	1,100		5,566
The Marcus Corp. (A)	2,916		50,884
			990,467
Interactive media and services – 0.1%
Cars.com, Inc. (A)	5,579		70,574
DHI Group, Inc. (A)	5,212		24,809
QuinStreet, Inc. (A)	1,887		33,136
Yelp, Inc. (A)	1,685		62,749
			191,268
Media – 1.0%
AMC Networks, Inc., Class A (A)	1,328		61,872
Audacy, Inc. (A)	6,702		24,663
Beasley Broadcast Group, Inc., Class A (A)	502		1,335
Boston Omaha Corp., Class A (A)	1,631		63,250
comScore, Inc. (A)	2,845		11,096
DallasNews Corp.	1,059		7,360
Entravision Communications Corp., Class A	5,075		36,033
Fluent, Inc. (A)	5,600		12,712
Gannett Company, Inc. (A)	7,195		48,063
Gray Television, Inc.	6,546		149,380
Hemisphere Media Group, Inc. (A)	951		11,583
John Wiley & Sons, Inc., Class A	1,937		101,131
Meredith Corp. (A)	2,602		144,931
Nexstar Media Group, Inc., Class A	1,859		282,494
Scholastic Corp.	1,876		66,879
TEGNA, Inc.	8,149		160,698
The EW Scripps Company, Class A	5,843		105,525
The Interpublic Group of Companies, Inc.	9,493		348,108
			1,637,113
Wireless telecommunication services – 0.2%
Spok Holdings, Inc.	3,863		39,480
Telephone & Data Systems, Inc.	7,131		139,055
United States Cellular Corp. (A)	2,570		81,957
			260,492
			3,533,408
Consumer discretionary – 13.2%
Auto components – 2.5%
Adient PLC (A)	3,399		140,889
American Axle & Manufacturing Holdings, Inc. (A)	6,125		53,961
Autoliv, Inc.	4,547		389,769
BorgWarner, Inc.	11,710		505,989
Cooper-Standard Holdings, Inc. (A)	1,311		28,724
Dana, Inc.	8,889		197,691
Dorman Products, Inc. (A)	4,514		427,340
Fox Factory Holding Corp. (A)	8,193		1,184,216
Gentex Corp.	854		28,165
Gentherm, Inc. (A)	420		33,991
LCI Industries	237		31,907
Lear Corp.	2,351		367,884
Modine Manufacturing Company (A)	4,925		55,800
Motorcar Parts of America, Inc. (A)	1,585		30,908

Small Cap Opportunities Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Auto components (continued)
Patrick Industries, Inc.	647	$	53,895
Standard Motor Products, Inc.	1,901		83,093
Stoneridge, Inc. (A)	1,672		34,092
Strattec Security Corp. (A)	924		35,944
The Goodyear Tire & Rubber Company (A)	17,683		312,989
			3,997,247
Automobiles – 0.2%
Harley-Davidson, Inc.	2,967		108,622
Thor Industries, Inc.	1,162		142,647
Winnebago Industries, Inc.	1,123		81,361
			332,630
Distributors – 0.0%
Weyco Group, Inc.	1,316		29,821
Diversified consumer services – 1.0%
Adtalem Global Education, Inc. (A)	3,782		142,997
American Public Education, Inc. (A)	1,450		37,135
Carriage Services, Inc.	1,797		80,128
Graham Holdings Company, Class B	347		204,439
Grand Canyon Education, Inc. (A)	8,328		732,531
Houghton Mifflin Harcourt Company (A)	5,833		78,337
Laureate Education, Inc., Class A (A)	3,940		66,941
Lincoln Educational Services Corp. (A)	1,100		7,359
OneSpaWorld Holdings, Ltd. (A)	3,242		32,323
Perdoceo Education Corp. (A)	5,378		56,792
Stride, Inc. (A)	2,888		103,795
Universal Technical Institute, Inc. (A)	3,087		20,868
Zovio, Inc. (A)	3,463		8,277
			1,571,922
Hotels, restaurants and leisure – 1.0%
Ark Restaurants Corp. (A)	64		992
Biglari Holdings, Inc., Class A (A)	3		2,460
Biglari Holdings, Inc., Class B (A)	102		17,525
Bluegreen Vacations Holding Corp. (A)	348		8,978
Carrols Restaurant Group, Inc.	1,688		6,178
Churchill Downs, Inc.	3,074		738,006
Chuy's Holdings, Inc. (A)	18,666		588,539
Del Taco Restaurants, Inc.	2,438		21,284
Dover Motorsports, Inc.	400		968
El Pollo Loco Holdings, Inc. (A)	2,613		44,160
Fiesta Restaurant Group, Inc. (A)	1,348		14,774
Marriott Vacations Worldwide Corp.	601		94,555
Monarch Casino & Resort, Inc. (A)	1,074		71,947
Playa Hotels & Resorts NV (A)	2,743		22,739
RCI Hospitality Holdings, Inc.	396		27,130
			1,660,235
Household durables – 2.2%
Bassett Furniture Industries, Inc.	1,234		22,348
Beazer Homes USA, Inc. (A)	1,614		27,842
Cavco Industries, Inc. (A)	510		120,737
Century Communities, Inc.	1,378		84,678
Ethan Allen Interiors, Inc.	1,706		40,432
Flexsteel Industries, Inc.	1,118		34,524
Green Brick Partners, Inc. (A)	900		18,468
Hooker Furnishings Corp.	1,821		49,149
iRobot Corp. (A)	743		58,326
KB Home	6,043		235,194
La-Z-Boy, Inc.	3,039		97,947
Legacy Housing Corp. (A)	585		10,512
LGI Homes, Inc. (A)	1,066		151,276
Lifetime Brands, Inc.	2,931		53,315
M/I Homes, Inc. (A)	2,195		126,871
MDC Holdings, Inc.	4,059		189,636

 

218

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Small Cap Opportunities Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Household durables (continued)
Meritage Homes Corp. (A)	2,251	$	218,347
Mohawk Industries, Inc. (A)	2,920		518,008
Newell Brands, Inc.	4,663		103,239
PulteGroup, Inc.	1,553		71,314
Taylor Morrison Home Corp. (A)	6,235		160,738
Toll Brothers, Inc.	8,961		495,454
TopBuild Corp. (A)	2,058		421,499
Tri Pointe Homes, Inc. (A)	9,765		205,260
Universal Electronics, Inc. (A)	745		36,691
VOXX International Corp. (A)	3,131		35,850
			3,587,655
Internet and direct marketing retail – 0.2%
1-800-Flowers.com, Inc., Class A (A)	890		27,154
Lands' End, Inc. (A)	1,503		35,381
Liquidity Services, Inc. (A)	1,691		36,543
Qurate Retail, Inc., Series A	22,636		230,661
Stamps.com, Inc. (A)	58		19,128
			348,867
Leisure products – 0.3%
Acushnet Holdings Corp.	3,375		157,613
American Outdoor Brands, Inc. (A)	614		15,080
Callaway Golf Company (A)	1,265		34,952
Escalade, Inc.	3,529		66,733
Johnson Outdoors, Inc., Class A	766		81,043
Nautilus, Inc. (A)	1,580		14,710
Smith & Wesson Brands, Inc.	859		17,833
Vista Outdoor, Inc. (A)	3,182		128,266
			516,230
Multiline retail – 0.9%
Big Lots, Inc.	2,327		100,899
Dillard's, Inc., Class A	2,339		403,524
Franchise Group, Inc.	300		10,623
Kohl's Corp.	8,128		382,748
Macy's, Inc.	12,243		276,692
Ollie's Bargain Outlet Holdings, Inc. (A)	4,895		295,071
			1,469,557
Specialty retail – 4.0%
Abercrombie & Fitch Company, Class A (A)	4,970		187,021
Advance Auto Parts, Inc.	1,445		301,846
American Eagle Outfitters, Inc.	3,470		89,526
America's Car-Mart, Inc. (A)	338		39,472
Asbury Automotive Group, Inc. (A)	712		140,079
AutoNation, Inc. (A)	5,555		676,377
Barnes & Noble Education, Inc. (A)	6,174		61,678
Bed Bath & Beyond, Inc. (A)	1,739		30,041
Big 5 Sporting Goods Corp. (B)	2,004		46,172
Boot Barn Holdings, Inc. (A)	2,080		184,850
Build-A-Bear Workshop, Inc. (A)	2,470		41,842
Chico's FAS, Inc. (A)	8,871		39,831
Citi Trends, Inc. (A)	866		63,183
Conn's, Inc. (A)	2,177		49,701
Dick's Sporting Goods, Inc.	3,608		432,130
Five Below, Inc. (A)	3,782		668,695
Foot Locker, Inc.	4,562		208,301
Genesco, Inc. (A)	1,311		75,684
Group 1 Automotive, Inc.	1,593		299,293
Guess?, Inc.	5,350		112,404
Haverty Furniture Companies, Inc.	1,613		54,374
Hibbett, Inc.	1,098		77,673
Lithia Motors, Inc.	3,146		997,408
Lumber Liquidators Holdings, Inc. (A)	1,480		27,646
MarineMax, Inc. (A)	2,016		97,816
Monro, Inc.	1,145		65,849

Small Cap Opportunities Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Specialty retail (continued)
Penske Automotive Group, Inc.	4,329	$	435,497
Shoe Carnival, Inc.	2,304		74,696
Signet Jewelers, Ltd.	3,675		290,178
Sonic Automotive, Inc., Class A	1,522		79,966
The Aaron's Company, Inc.	1,356		37,344
The Buckle, Inc.	753		29,811
The Cato Corp., Class A	1,957		32,369
The Container Store Group, Inc. (A)	2,221		21,144
The Gap, Inc.	1,861		42,245
The ODP Corp. (A)	3,276		131,564
Tilly's, Inc., Class A	712		9,975
Urban Outfitters, Inc. (A)	4,015		119,205
Zumiez, Inc. (A)	1,822		72,443
			6,445,329
Textiles, apparel and luxury goods – 0.9%
Capri Holdings, Ltd. (A)	3,763		182,167
Culp, Inc.	334		4,302
Delta Apparel, Inc. (A)	500		13,655
Fossil Group, Inc. (A)	3,231		38,287
G-III Apparel Group, Ltd. (A)	3,404		96,333
Lakeland Industries, Inc. (A)	1,110		23,310
Movado Group, Inc.	1,758		55,359
Oxford Industries, Inc.	4,559		411,085
PVH Corp. (A)	2,908		298,913
Ralph Lauren Corp.	189		20,987
Rocky Brands, Inc.	1,478		70,368
Steven Madden, Ltd.	820		32,931
Superior Group of Companies, Inc.	663		15,441
Tapestry, Inc.	1,138		42,129
Unifi, Inc. (A)	2,453		53,794
Vera Bradley, Inc. (A)	2,034		19,140
			1,378,201
			21,337,694
Consumer staples – 4.5%
Beverages – 0.3%
MGP Ingredients, Inc.	571		37,172
Molson Coors Beverage Company, Class B	10,060		466,583
			503,755
Food and staples retailing – 1.3%
Casey's General Stores, Inc.	162		30,529
Grocery Outlet Holding Corp. (A)	1,730		37,316
Ingles Markets, Inc., Class A	1,895		125,127
Natural Grocers by Vitamin Cottage, Inc.	1,014		11,377
Performance Food Group Company (A)	12,502		580,843
PriceSmart, Inc.	4,293		332,922
Rite Aid Corp. (A)(B)	3,864		54,869
SpartanNash Company	3,523		77,154
Sprouts Farmers Market, Inc. (A)	4,445		102,991
The Andersons, Inc.	3,384		104,329
U.S. Foods Holding Corp. (A)	10,363		359,182
United Natural Foods, Inc. (A)	4,429		214,452
Village Super Market, Inc., Class A	685		14,851
Weis Markets, Inc.	2,371		124,596
			2,170,538
Food products – 2.5%
Alico, Inc.	341		11,676
B&G Foods, Inc. (B)	1,941		58,016
Bunge, Ltd.	7,506		610,388
Cal-Maine Foods, Inc.	1,161		41,982
Darling Ingredients, Inc. (A)	7,224		519,406
Farmer Brothers Company (A)	1,069		8,990
Flowers Foods, Inc.	6,450		152,414

 

219

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Small Cap Opportunities Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Food products (continued)
Fresh Del Monte Produce, Inc.	2,635	$	84,900
Hostess Brands, Inc. (A)	4,123		71,617
Ingredion, Inc.	3,644		324,352
J&J Snack Foods Corp.	853		130,355
John B. Sanfilippo & Son, Inc.	400		32,688
Krispy Kreme, Inc. (A)	26,525		371,350
Landec Corp. (A)	3,130		28,859
Limoneira Company	199		3,218
Pilgrim's Pride Corp. (A)	4,322		125,684
Post Holdings, Inc. (A)	3,484		383,797
Sanderson Farms, Inc.	1,082		203,632
Seaboard Corp.	52		213,199
Seneca Foods Corp., Class A (A)	1,409		67,942
The Hain Celestial Group, Inc. (A)	3,757		160,724
The J.M. Smucker Company	1,448		173,803
The Simply Good Foods Company (A)	1,707		58,874
Tootsie Roll Industries, Inc.	1,396		42,480
TreeHouse Foods, Inc. (A)	1,806		72,023
			3,952,369
Household products – 0.2%
Central Garden & Pet Company (A)	1,553		74,544
Central Garden & Pet Company, Class A (A)	3,288		141,384
Oil-Dri Corp. of America	531		18,585
Spectrum Brands Holdings, Inc.	1,089		104,185
			338,698
Personal products – 0.1%
Edgewell Personal Care Company	3,300		119,790
Natural Alternatives International, Inc. (A)	200		2,696
Nature's Sunshine Products, Inc.	1,118		16,379
Nu Skin Enterprises, Inc., Class A	2,131		86,242
			225,107
Tobacco – 0.1%
Universal Corp.	1,975		95,452
			7,285,919
Energy – 6.1%
Energy equipment and services – 1.0%
Archrock, Inc.	10,702		88,292
ChampionX Corp. (A)	7,217		161,372
Dawson Geophysical Company (A)	3,948		9,831
Dril-Quip, Inc. (A)	2,386		60,079
Exterran Corp. (A)	4,737		21,032
Frank's International NV (A)	13,259		38,981
Geospace Technologies Corp. (A)	516		4,928
Gulf Island Fabrication, Inc. (A)	3,019		11,985
Helix Energy Solutions Group, Inc. (A)	12,029		46,673
Helmerich & Payne, Inc.	4,237		116,136
Liberty Oilfield Services, Inc., Class A (A)	9,594		116,375
Nabors Industries, Ltd. (A)	597		57,599
National Energy Services Reunited Corp. (A)	3,117		39,025
Natural Gas Services Group, Inc. (A)	2,620		27,196
Newpark Resources, Inc. (A)	6,750		22,275
NexTier Oilfield Solutions, Inc. (A)	11,003		50,614
NOV, Inc. (A)	2,128		27,898
Oceaneering International, Inc. (A)	5,817		77,482
Oil States International, Inc. (A)	4,041		25,822
Patterson-UTI Energy, Inc.	12,012		108,108
ProPetro Holding Corp. (A)	7,061		61,078
RPC, Inc. (A)	12,691		61,678
SEACOR Marine Holdings, Inc. (A)	2,432		11,260

Small Cap Opportunities Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Energy equipment and services (continued)
Select Energy Services, Inc., Class A (A)	5,093	$	26,433
Technip Energies NV, ADR (A)	2,809		44,017
TechnipFMC PLC (A)	20,822		156,790
Tidewater, Inc. (A)	2,791		33,659
Transocean, Ltd. (A)(B)	13,252		50,225
U.S. Silica Holdings, Inc. (A)	4,282		34,213
			1,591,056
Oil, gas and consumable fuels – 5.1%
Adams Resources & Energy, Inc.	724		21,988
Antero Midstream Corp.	26,090		271,858
Antero Resources Corp. (A)	20,791		391,079
APA Corp.	368		7,886
Ardmore Shipping Corp. (A)	1,174		4,872
Berry Corp.	3,197		23,050
Bonanza Creek Energy, Inc.	1,183		56,666
Cabot Oil & Gas Corp.	11,436		248,847
Callon Petroleum Company (A)	1,879		92,221
Centennial Resource Development, Inc., Class A (A)	11,699		78,383
Chesapeake Energy Corp.	176		10,840
Clean Energy Fuels Corp. (A)	9,682		78,908
CNX Resources Corp. (A)	15,258		192,556
Comstock Resources, Inc. (A)	12,010		124,304
CONSOL Energy, Inc. (A)	4,596		119,588
Continental Resources, Inc.	11,202		516,972
CVR Energy, Inc.	1,951		32,504
Delek US Holdings, Inc. (A)	5,312		95,457
Denbury, Inc. (A)	2,036		143,029
Devon Energy Corp.	17,092		606,937
DHT Holdings, Inc.	10,864		70,942
Dorian LPG, Ltd.	3,417		42,405
Earthstone Energy, Inc., Class A (A)	1,600		14,720
EnLink Midstream LLC (A)	15,546		106,024
EQT Corp. (A)	15,832		323,923
Equitrans Midstream Corp.	25,675		260,345
Green Plains, Inc. (A)	5,268		172,000
HollyFrontier Corp.	8,800		291,544
International Seaways, Inc.	2,070		37,715
Kosmos Energy, Ltd. (A)	21,319		63,104
Laredo Petroleum, Inc. (A)	56		4,540
Magnolia Oil & Gas Corp., Class A	37,363		664,688
Marathon Oil Corp.	42,707		583,805
Matador Resources Company	5,228		198,873
Murphy Oil Corp.	10,625		265,306
NACCO Industries, Inc., Class A	700		20,888
Nordic American Tankers, Ltd.	2,259		5,783
Overseas Shipholding Group, Inc., Class A (A)	5,561		11,567
Par Pacific Holdings, Inc. (A)	399		6,272
PBF Energy, Inc., Class A (A)	7,833		101,594
PDC Energy, Inc.	6,240		295,714
Peabody Energy Corp. (A)	6,070		89,775
Penn Virginia Corp. (A)	651		17,362
PHX Minerals, Inc.	557		1,704
Range Resources Corp. (A)	18,052		408,517
Renewable Energy Group, Inc. (A)	3,442		172,788
REX American Resources Corp. (A)	429		34,264
SandRidge Energy, Inc. (A)	1,746		22,715
Scorpio Tankers, Inc.	2,441		45,256
SFL Corp., Ltd.	10,526		88,208
SilverBow Resources, Inc. (A)	324		7,938
SM Energy Company	5,199		137,150
Talos Energy, Inc. (A)	5,072		69,841
Targa Resources Corp.	4,019		197,775
Teekay Corp. (A)	286		1,047

 

220

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Small Cap Opportunities Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Oil, gas and consumable fuels (continued)
Teekay Tankers, Ltd., Class A (A)	2,780	$	40,393
Whiting Petroleum Corp. (A)	2,713		158,466
World Fuel Services Corp.	3,166		106,441
			8,259,337
			9,850,393
Financials – 21.0%
Banks – 11.6%
1st Source Corp.	2,092		98,826
Allegiance Bancshares, Inc.	308		11,750
Amerant Bancorp, Inc. (A)	686		16,972
American National Bankshares, Inc.	991		32,743
Ameris Bancorp	15,149		785,930
Arrow Financial Corp.	1,086		37,302
Associated Banc-Corp.	14,499		310,569
Atlantic Capital Bancshares, Inc. (A)	1,267		33,563
Atlantic Union Bankshares Corp.	13,738		506,245
Banc of California, Inc.	4,665		86,256
BancorpSouth Bank	7,247		215,816
Bank of Commerce Holdings	2,506		38,016
Bank of Marin Bancorp	2,443		92,223
Bank OZK	8,966		385,359
BankFinancial Corp.	2,146		24,636
BankUnited, Inc.	2,347		98,152
Banner Corp.	3,379		186,555
Bar Harbor Bankshares	1,690		47,405
BCB Bancorp, Inc.	1,477		21,801
Berkshire Hills Bancorp, Inc.	3,539		95,482
BOK Financial Corp.	4,528		405,482
Brookline Bancorp, Inc.	6,310		96,291
Bryn Mawr Bank Corp.	1,669		76,691
Business First Bancshares, Inc.	500		11,695
Byline Bancorp, Inc.	683		16,774
C&F Financial Corp.	627		33,300
Cadence BanCorp	5,634		123,723
Cambridge Bancorp	121		10,648
Camden National Corp.	1,722		82,484
Capital City Bank Group, Inc.	1,865		46,140
Capstar Financial Holdings, Inc.	600		12,744
Cathay General Bancorp	2,466		102,068
CBTX, Inc.	807		21,289
Central Pacific Financial Corp.	2,460		63,173
Chemung Financial Corp.	723		32,752
CIT Group, Inc.	3,539		183,851
Citizens & Northern Corp.	500		12,630
City Holding Company	400		31,164
Civista Bancshares, Inc.	1,114		25,878
CNB Financial Corp.	1,562		38,019
Columbia Banking System, Inc.	3,208		121,872
Comerica, Inc.	4,457		358,789
Community Trust Bancorp, Inc.	1,347		56,709
ConnectOne Bancorp, Inc.	1,273		38,203
CrossFirst Bankshares, Inc. (A)	1,824		23,712
Customers Bancorp, Inc. (A)	2,568		110,475
CVB Financial Corp.	3,612		73,576
Dime Community Bancshares, Inc.	3,390		110,717
Eagle Bancorp, Inc.	1,290		74,175
Enterprise Bancorp, Inc.	246		8,844
Enterprise Financial Services Corp.	1,485		67,241
Equity Bancshares, Inc., Class A	1,097		36,618
FB Financial Corp.	1,189		50,984
Financial Institutions, Inc.	1,481		45,393
First Bancorp (North Carolina)	2,905		124,944
First Bancorp (Puerto Rico)	14,979		196,974
First Bank	900		12,681
First Busey Corp.	2,457		60,516

Small Cap Opportunities Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Banks (continued)
First Business Financial Services, Inc.	1,366	$	39,218
First Commonwealth Financial Corp.	8,341		113,688
First Community Bankshares, Inc.	2,201		69,816
First Financial Bancorp	7,516		175,950
First Financial Corp.	1,432		60,216
First Financial Northwest, Inc.	1,100		18,007
First Foundation, Inc.	1,677		44,105
First Hawaiian, Inc.	5,863		172,079
First Horizon Corp.	25,469		414,890
First Internet Bancorp	777		24,227
First Interstate BancSystem, Inc., Class A	1,946		78,346
First Merchants Corp.	4,369		182,799
First Mid Bancshares, Inc.	349		14,330
First Midwest Bancorp, Inc.	6,300		119,763
First Northwest Bancorp	800		14,048
Flushing Financial Corp.	2,921		66,015
FNB Corp.	16,986		197,377
Fulton Financial Corp.	11,240		171,747
German American Bancorp, Inc.	755		29,166
Great Southern Bancorp, Inc.	1,117		61,223
Great Western Bancorp, Inc.	3,019		98,842
Guaranty Bancshares, Inc.	293		10,504
Hancock Whitney Corp.	7,556		356,039
Hanmi Financial Corp.	3,082		61,825
HarborOne Bancorp, Inc.	4,217		59,207
Heartland Financial USA, Inc.	2,428		116,738
Heritage Commerce Corp.	3,825		44,485
Heritage Financial Corp.	1,981		50,516
Hilltop Holdings, Inc.	4,528		147,930
Home BancShares, Inc.	1,178		27,718
HomeTrust Bancshares, Inc.	560		15,669
Hope Bancorp, Inc.	10,431		150,624
Horizon Bancorp, Inc.	3,849		69,936
Independent Bank Corp. (Massachusetts)	744		56,656
Independent Bank Corp. (Michigan)	1,806		38,793
Independent Bank Group, Inc.	1,953		138,741
International Bancshares Corp.	4,680		194,875
Investar Holding Corp.	500		11,010
Investors Bancorp, Inc.	18,672		282,134
Lakeland Bancorp, Inc.	3,580		63,115
LCNB Corp.	600		10,584
Macatawa Bank Corp.	5,091		40,881
Mercantile Bank Corp.	1,666		53,362
Metropolitan Bank Holding Corp. (A)	456		38,441
Midland States Bancorp, Inc.	1,070		26,461
MidWestOne Financial Group, Inc.	1,343		40,505
MVB Financial Corp.	300		12,849
National Bank Holdings Corp., Class A	1,336		54,081
National Bankshares, Inc.	622		22,585
NBT Bancorp, Inc.	2,964		107,060
Nicolet Bankshares, Inc. (A)	565		41,912
Northeast Bank	770		25,964
Northrim BanCorp, Inc.	1,530		65,040
Norwood Financial Corp.	1,188		30,543
OceanFirst Financial Corp.	1,393		29,824
OFG Bancorp	4,124		104,007
Old National Bancorp	10,998		186,416
Old Second Bancorp, Inc.	2,721		35,536
Origin Bancorp, Inc.	1,115		47,220
Orrstown Financial Services, Inc.	500		11,700
Pacific Mercantile Bancorp (A)	1,962		18,070
Pacific Premier Bancorp, Inc.	3,858		159,876
PacWest Bancorp	6,584		298,387
Park National Corp.	315		38,414

 

221

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Small Cap Opportunities Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Banks (continued)
Peapack-Gladstone Financial Corp.	1,625	$	54,210
Penns Woods Bancorp, Inc.	1,188		28,227
Peoples Bancorp, Inc.	3,445		108,896
People's United Financial, Inc.	22,779		397,949
Pinnacle Financial Partners, Inc.	10,580		995,366
Popular, Inc.	5,455		423,690
Preferred Bank	589		39,275
Primis Financial Corp.	3,850		55,671
Prosperity Bancshares, Inc.	5,378		382,537
QCR Holdings, Inc.	1,211		62,294
RBB Bancorp	1,075		27,101
Reliant Bancorp, Inc.	400		12,636
Renasant Corp.	3,529		127,220
Republic Bancorp, Inc., Class A	1,449		73,392
Republic First Bancorp, Inc. (A)	2,700		8,316
S&T Bancorp, Inc.	3,436		101,259
Sandy Spring Bancorp, Inc.	2,800		128,296
Seacoast Banking Corp. of Florida	1,753		59,269
Shore Bancshares, Inc.	2,225		39,449
Sierra Bancorp	1,759		42,709
Simmons First National Corp., Class A	5,235		154,747
SmartFinancial, Inc.	500		12,925
Southern First Bancshares, Inc. (A)	537		28,730
Southside Bancshares, Inc.	374		14,320
SouthState Corp.	2,447		182,717
Spirit of Texas Bancshares, Inc.	500		12,100
Sterling Bancorp	10,264		256,189
Synovus Financial Corp.	3,632		159,408
Texas Capital Bancshares, Inc. (A)	2,286		137,206
The Bancorp, Inc. (A)	3,253		82,789
The Bank of NT Butterfield & Son, Ltd.	445		15,802
The Community Financial Corp.	300		11,061
The First Bancorp, Inc.	1,769		51,549
The First Bancshares, Inc.	1,011		39,207
The First of Long Island Corp.	1,039		21,403
Towne Bank	3,708		115,356
TriCo Bancshares	721		31,291
TriState Capital Holdings, Inc. (A)	2,342		49,533
Triumph Bancorp, Inc. (A)	718		71,893
Trustmark Corp.	4,932		158,909
UMB Financial Corp.	789		76,304
Umpqua Holdings Corp.	12,930		261,833
United Bankshares, Inc.	7,106		258,516
United Community Banks, Inc.	4,271		140,174
Univest Financial Corp.	2,067		56,615
Valley National Bancorp	23,485		312,585
Veritex Holdings, Inc.	1,384		54,474
Washington Trust Bancorp, Inc.	1,035		54,834
Webster Financial Corp.	466		25,378
WesBanco, Inc.	5,027		171,320
Westamerica BanCorp	169		9,508
Wintrust Financial Corp.	3,040		244,325
Zions Bancorp NA	8,731		540,362
			18,668,030
Capital markets – 2.0%
Blucora, Inc. (A)	5,563		86,727
Cowen, Inc., Class A	2,484		85,226
Houlihan Lokey, Inc.	5,249		483,433
Invesco, Ltd.	24,463		589,803
Janus Henderson Group PLC	8,689		359,116
Jefferies Financial Group, Inc.	9,310		345,680
Oppenheimer Holdings, Inc., Class A	1,674		75,815
PJT Partners, Inc., Class A	6,048		478,457
Stifel Financial Corp.	9,355		635,766

Small Cap Opportunities Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Capital markets (continued)
StoneX Group, Inc. (A)	1,346	$	88,701
			3,228,724
Consumer finance – 1.0%
Ally Financial, Inc.	1,482		75,656
Encore Capital Group, Inc. (A)	1,949		96,027
Enova International, Inc. (A)	1,321		45,641
EZCORP, Inc., Class A (A)	3,087		23,369
LendingClub Corp. (A)	3,292		92,966
Navient Corp.	15,325		302,362
Nelnet, Inc., Class A	2,648		209,828
Nicholas Financial, Inc. (A)	75		923
OneMain Holdings, Inc.	252		13,943
PRA Group, Inc. (A)	2,487		104,802
Regional Management Corp.	573		33,337
Santander Consumer USA Holdings, Inc.	15,045		627,377
			1,626,231
Diversified financial services – 0.3%
California First Leasing Corp.	880		15,928
Cannae Holdings, Inc. (A)	2,357		73,326
Equitable Holdings, Inc.	1,128		33,434
Marlin Business Services Corp.	1,698		37,747
NewStar Financial, Inc. (A)(C)	5,739		583
Voya Financial, Inc.	6,477		397,623
			558,641
Insurance – 4.5%
Alleghany Corp. (A)	918		573,208
Ambac Financial Group, Inc. (A)	1,536		21,996
American Equity Investment Life Holding Company	7,384		218,345
American National Group, Inc.	1,352		255,569
Argo Group International Holdings, Ltd.	2,597		135,615
Assured Guaranty, Ltd.	5,779		270,515
Athene Holding, Ltd., Class A (A)	9,251		637,116
Axis Capital Holdings, Ltd.	4,518		208,009
Brighthouse Financial, Inc. (A)	2,584		116,874
CNA Financial Corp.	1,354		56,814
CNO Financial Group, Inc.	7,991		188,108
Donegal Group, Inc., Class A	2,876		41,673
Employers Holdings, Inc.	2,283		90,156
Enstar Group, Ltd. (A)	824		193,418
Everest Re Group, Ltd.	2,137		535,917
FedNat Holding Company	1,090		2,692
Fidelity National Financial, Inc.	2,514		113,985
First American Financial Corp.	3,118		209,062
Genworth Financial, Inc., Class A (A)	14,291		53,591
Global Indemnity Group LLC, Class A	1,190		31,833
Globe Life, Inc.	1,689		150,372
Greenlight Capital Re, Ltd., Class A (A)	2,616		19,332
Hallmark Financial Services, Inc. (A)	4,008		14,629
Heritage Insurance Holdings, Inc.	657		4,474
Horace Mann Educators Corp.	3,303		131,426
Independence Holding Company	1,947		96,552
Investors Title Company	189		34,511
Kemper Corp.	2,340		156,289
Lincoln National Corp.	8,094		556,463
MBIA, Inc. (A)	4,333		55,679
Mercury General Corp.	1,211		67,416
National Western Life Group, Inc., Class A	221		46,540
Old Republic International Corp.	13,924		322,062
ProAssurance Corp.	2,566		61,019
Reinsurance Group of America, Inc.	3,624		403,206
RenaissanceRe Holdings, Ltd.	1,784		248,690
Safety Insurance Group, Inc.	612		48,501

 

222

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Small Cap Opportunities Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Insurance (continued)
SiriusPoint, Ltd. (A)	2,292	$	21,224
State Auto Financial Corp.	3,187		162,378
Stewart Information Services Corp.	1,817		114,943
Tiptree, Inc.	2,600		26,052
United Fire Group, Inc.	1,897		43,821
United Insurance Holdings Corp.	5,283		19,177
Universal Insurance Holdings, Inc.	2,200		28,688
Unum Group	10,883		272,728
White Mountains Insurance Group, Ltd.	168		179,694
			7,240,362
Thrifts and mortgage finance – 1.6%
Capitol Federal Financial, Inc.	11,378		130,733
ESSA Bancorp, Inc.	897		14,890
Federal Agricultural Mortgage Corp., Class C	594		64,461
Flagstar Bancorp, Inc.	3,861		196,062
FS Bancorp, Inc.	400		13,844
Home Bancorp, Inc.	902		34,889
HomeStreet, Inc.	1,802		74,152
Kearny Financial Corp.	5,361		66,637
Merchants Bancorp	341		13,459
Meridian Bancorp, Inc.	1,625		33,735
Meta Financial Group, Inc.	2,595		136,186
MGIC Investment Corp.	9,993		149,495
Mr. Cooper Group, Inc. (A)	3,087		127,092
New York Community Bancorp, Inc.	24,244		312,020
NMI Holdings, Inc., Class A (A)	2,152		48,657
Northfield Bancorp, Inc.	4,119		70,682
Northwest Bancshares, Inc.	7,430		98,670
OP Bancorp	1,000		10,260
Premier Financial Corp.	1,989		63,330
Provident Financial Holdings, Inc.	1,778		30,368
Provident Financial Services, Inc.	4,010		94,115
Prudential Bancorp, Inc.	1,696		25,881
Radian Group, Inc.	10,338		234,879
Riverview Bancorp, Inc.	5,483		39,861
Southern Missouri Bancorp, Inc.	1,012		45,429
Territorial Bancorp, Inc.	1,722		43,704
TrustCo Bank Corp. NY	1,826		58,377
Washington Federal, Inc.	3,303		113,326
Waterstone Financial, Inc.	3,099		63,499
Western New England Bancorp, Inc.	4,739		40,424
WSFS Financial Corp.	2,604		133,611
			2,582,728
			33,904,716
Health care – 12.4%
Biotechnology – 3.5%
Achillion Pharmaceuticals, Inc. (A)(C)	10,940		16,452
Akebia Therapeutics, Inc. (A)	11,211		32,288
Albireo Pharma, Inc. (A)	15,950		497,640
Alkermes PLC (A)	2,813		86,753
AnaptysBio, Inc. (A)	1,489		40,382
Anika Therapeutics, Inc. (A)	533		22,684
Arena Pharmaceuticals, Inc. (A)	8,029		478,127
Biohaven Pharmaceutical Holding Company, Ltd. (A)	4,691		651,627
Catalyst Pharmaceuticals, Inc. (A)	2,300		12,190
Concert Pharmaceuticals, Inc. (A)	1,198		3,917
Deciphera Pharmaceuticals, Inc. (A)	11,905		404,532
Eagle Pharmaceuticals, Inc. (A)	236		13,164
Emergent BioSolutions, Inc. (A)	5,757		288,253
Enanta Pharmaceuticals, Inc. (A)	279		15,850
Halozyme Therapeutics, Inc. (A)	15,145		616,099
Insmed, Inc. (A)	14,645		403,323

Small Cap Opportunities Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Biotechnology (continued)
Ligand Pharmaceuticals, Inc. (A)	122	$	16,997
Myriad Genetics, Inc. (A)	1,132		36,552
OPKO Health, Inc. (A)(B)	2,204		8,045
Oyster Point Pharma, Inc. (A)	23,055		273,202
PDL BioPharma, Inc. (A)(C)	5,434		9,836
Travere Therapeutics, Inc. (A)	19,832		480,926
United Therapeutics Corp. (A)	874		161,323
Vanda Pharmaceuticals, Inc. (A)	3,697		63,367
Veracyte, Inc. (A)	8,888		412,848
Vericel Corp. (A)	13,252		646,698
			5,693,075
Health care equipment and supplies – 3.3%
AngioDynamics, Inc. (A)	4,876		126,483
AtriCure, Inc. (A)	10,068		700,229
Avanos Medical, Inc. (A)	3,807		118,778
Cardiovascular Systems, Inc. (A)	12,884		422,982
CryoLife, Inc. (A)	17,053		380,111
CryoPort, Inc. (A)	8,910		592,604
Envista Holdings Corp. (A)	8,580		358,730
FONAR Corp. (A)	463		7,158
Globus Medical, Inc., Class A (A)	10,607		812,708
ICU Medical, Inc. (A)	1,993		465,126
Inogen, Inc. (A)	200		8,618
Integer Holdings Corp. (A)	2,433		217,364
Integra LifeSciences Holdings Corp. (A)	8,441		578,040
IntriCon Corp. (A)	519		9,425
Invacare Corp. (A)	3,396		16,165
Kewaunee Scientific Corp. (A)	83		1,097
Lantheus Holdings, Inc. (A)	1,796		46,121
LENSAR, Inc. (A)	783		6,162
Meridian Bioscience, Inc. (A)	2,202		42,366
Merit Medical Systems, Inc. (A)	1,302		93,484
Natus Medical, Inc. (A)	1,669		41,859
NuVasive, Inc. (A)	1,932		115,630
Orthofix Medical, Inc. (A)	541		20,623
Surgalign Holdings, Inc. (A)	4,931		5,375
Utah Medical Products, Inc.	289		26,831
Varex Imaging Corp. (A)	1,166		32,881
			5,246,950
Health care providers and services – 3.1%
Acadia Healthcare Company, Inc. (A)	16,313		1,040,447
Addus HomeCare Corp. (A)	448		35,728
Brookdale Senior Living, Inc. (A)	12,258		77,225
Castle Biosciences, Inc. (A)	8,223		546,830
Covetrus, Inc. (A)	4,886		88,632
Cross Country Healthcare, Inc. (A)	2,734		58,070
Five Star Senior Living, Inc. (A)	2,100		9,198
HealthEquity, Inc. (A)	8,517		551,561
LHC Group, Inc. (A)	3,464		543,536
Magellan Health, Inc. (A)	1,268		119,889
MEDNAX, Inc. (A)	5,689		161,738
ModivCare, Inc. (A)	269		48,856
National HealthCare Corp.	1,428		99,931
Option Care Health, Inc. (A)	4,058		98,447
Owens & Minor, Inc.	4,390		137,363
Patterson Companies, Inc.	3,536		106,575
Premier, Inc., Class A	6,015		233,141
Select Medical Holdings Corp.	3,542		128,114
Star Equity Holdings, Inc. (A)	310		843
Surgery Partners, Inc. (A)	396		16,767
Triple-S Management Corp. (A)	2,760		97,621
Universal Health Services, Inc., Class B	2,530		350,076

 

223

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Small Cap Opportunities Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Health care providers and services (continued)
US Physical Therapy, Inc.	3,529	$	390,307
			4,940,895
Health care technology – 0.1%
Allscripts Healthcare Solutions, Inc. (A)	10,106		135,117
HealthStream, Inc. (A)	1,969		56,274
NextGen Healthcare, Inc. (A)	2,165		30,527
			221,918
Life sciences tools and services – 1.1%
Harvard Bioscience, Inc. (A)	6,562		45,803
Medpace Holdings, Inc. (A)	4,138		783,241
Syneos Health, Inc. (A)	9,961		871,388
			1,700,432
Pharmaceuticals – 1.3%
Amphastar Pharmaceuticals, Inc. (A)	600		11,406
ANI Pharmaceuticals, Inc. (A)	400		13,128
BioDelivery Sciences International, Inc. (A)	6,044		21,819
Cara Therapeutics, Inc. (A)	2,825		43,646
Cumberland Pharmaceuticals, Inc. (A)	956		2,581
Endo International PLC (A)	2,935		9,509
Innoviva, Inc. (A)	1,860		31,081
Jazz Pharmaceuticals PLC (A)	1,982		258,076
Organon & Company	695		22,789
Perrigo Company PLC	4,847		229,409
Phathom Pharmaceuticals, Inc. (A)	13,996		449,272
Prestige Consumer Healthcare, Inc. (A)	3,032		170,126
Satsuma Pharmaceuticals, Inc. (A)	2,208		10,289
SIGA Technologies, Inc. (A)	2,000		14,780
Supernus Pharmaceuticals, Inc. (A)	18,203		485,474
Taro Pharmaceutical Industries, Ltd. (A)	503		32,006
Zogenix, Inc. (A)	24,221		367,917
			2,173,308
			19,976,578
Industrials – 18.3%
Aerospace and defense – 0.5%
AAR Corp. (A)	3,093		100,306
AeroVironment, Inc. (A)	255		22,012
Astronics Corp. (A)	1,700		23,902
Curtiss-Wright Corp.	987		124,540
Ducommun, Inc. (A)	1,674		84,286
Kaman Corp.	1,770		63,136
Kratos Defense & Security Solutions, Inc. (A)	2,475		55,217
Maxar Technologies, Inc.	1,000		28,320
Mercury Systems, Inc. (A)	184		8,725
Moog, Inc., Class A	1,548		118,004
National Presto Industries, Inc.	244		20,028
Park Aerospace Corp.	2,083		28,495
SIFCO Industries, Inc. (A)	1,000		8,600
Textron, Inc.	1,297		90,544
Vectrus, Inc. (A)	1,029		51,738
			827,853
Air freight and logistics – 0.4%
Air Transport Services Group, Inc. (A)	1,670		43,103
Atlas Air Worldwide Holdings, Inc. (A)	2,473		201,995
Echo Global Logistics, Inc. (A)	1,896		90,458
Forward Air Corp.	886		73,556
Hub Group, Inc., Class A (A)	2,418		166,238
Radiant Logistics, Inc. (A)	1,875		11,981
			587,331
Airlines – 0.3%
Copa Holdings SA, Class A (A)	905		73,649

Small Cap Opportunities Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Airlines (continued)
Hawaiian Holdings, Inc. (A)	2,646	$	57,312
JetBlue Airways Corp. (A)	2,074		31,711
Mesa Air Group, Inc. (A)	1,399		10,716
SkyWest, Inc. (A)	3,644		179,795
Spirit Airlines, Inc. (A)	4,452		115,485
			468,668
Building products – 1.6%
American Woodmark Corp. (A)	787		51,446
Apogee Enterprises, Inc.	2,405		90,813
Armstrong Flooring, Inc. (A)	1,831		5,731
Builders FirstSource, Inc. (A)	8,741		452,259
Carlisle Companies, Inc.	169		33,596
Gibraltar Industries, Inc. (A)	11,669		812,746
Griffon Corp.	2,832		69,667
Insteel Industries, Inc.	1,689		64,266
JELD-WEN Holding, Inc. (A)	9,650		241,540
Masonite International Corp. (A)	1,068		113,347
Owens Corning	1,092		93,366
PGT Innovations, Inc. (A)	1,494		28,535
Quanex Building Products Corp.	3,929		84,120
Resideo Technologies, Inc. (A)	4,107		101,813
Tecnoglass, Inc.	900		19,557
UFP Industries, Inc.	3,823		259,888
			2,522,690
Commercial services and supplies – 1.4%
ABM Industries, Inc.	5,148		231,711
ACCO Brands Corp.	6,712		57,656
Acme United Corp.	733		23,998
ADT, Inc.	13,007		105,227
Brady Corp., Class A	1,082		54,857
BrightView Holdings, Inc. (A)	3,879		57,254
CECO Environmental Corp. (A)	1,395		9,821
Civeo Corp. (A)	673		15,136
Clean Harbors, Inc. (A)	1,725		179,176
Deluxe Corp.	800		28,712
Ennis, Inc.	2,608		49,161
Harsco Corp. (A)	2,430		41,189
Heritage-Crystal Clean, Inc. (A)	1,877		54,395
Herman Miller, Inc.	1,960		73,814
HNI Corp.	1,502		55,153
Interface, Inc.	2,884		43,693
KAR Auction Services, Inc. (A)	3,101		50,825
Kimball International, Inc., Class B	1,715		19,208
Matthews International Corp., Class A	1,190		41,281
NL Industries, Inc.	3,260		18,778
Ritchie Brothers Auctioneers, Inc.	13,406		826,614
Steelcase, Inc., Class A	4,596		58,277
Team, Inc. (A)	2,106		6,339
UniFirst Corp.	371		78,882
Viad Corp. (A)	1,409		63,983
Vidler Water Resouces, Inc. (A)	2,493		28,370
Virco Manufacturing Corp. (A)	1,200		4,140
VSE Corp.	1,368		65,897
			2,343,547
Construction and engineering – 1.5%
API Group Corp. (A)(D)	2,846		57,916
Arcosa, Inc.	4,310		216,233
Argan, Inc.	854		37,294
Comfort Systems USA, Inc.	400		28,528
Concrete Pumping Holdings, Inc. (A)	1,800		15,372
Construction Partners, Inc., Class A (A)	936		31,234
Dycom Industries, Inc. (A)	4,156		296,073
EMCOR Group, Inc.	1,448		167,070
Fluor Corp. (A)	3,410		54,458

 

224

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Small Cap Opportunities Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Construction and engineering (continued)
Granite Construction, Inc.	3,746	$	148,154
Great Lakes Dredge & Dock Corp. (A)	6,888		103,940
IES Holdings, Inc. (A)	237		10,829
MasTec, Inc. (A)	3,659		315,699
Matrix Service Company (A)	2,731		28,566
MYR Group, Inc. (A)	1,465		145,768
Northwest Pipe Company (A)	1,706		40,432
NV5 Global, Inc. (A)	533		52,538
Orion Group Holdings, Inc. (A)	4,263		23,191
Primoris Services Corp.	3,474		85,078
Quanta Services, Inc.	1,993		226,843
Sterling Construction Company, Inc. (A)	2,528		57,310
Tutor Perini Corp. (A)	4,167		54,088
WillScot Mobile Mini Holdings Corp. (A)	7,715		244,720
			2,441,334
Electrical equipment – 1.3%
Acuity Brands, Inc.	150		26,006
Atkore, Inc. (A)	7,368		640,427
AZZ, Inc.	1,376		73,203
Encore Wire Corp.	1,949		184,824
EnerSys	953		70,941
LSI Industries, Inc.	4,131		32,015
nVent Electric PLC	3,766		121,755
Powell Industries, Inc.	1,244		30,565
Preformed Line Products Company	984		63,999
Regal Beloit Corp.	1,545		232,275
Sensata Technologies Holding PLC (A)	5,022		274,804
Sunrun, Inc. (A)	2,009		88,396
Thermon Group Holdings, Inc. (A)	14,010		242,513
Ultralife Corp. (A)	1,984		14,027
			2,095,750
Machinery – 5.0%
AGCO Corp.	3,375		413,539
Alamo Group, Inc.	4,789		668,209
Albany International Corp., Class A	1,875		144,131
Altra Industrial Motion Corp.	2,798		154,869
Astec Industries, Inc.	2,415		129,951
Barnes Group, Inc.	3,344		139,545
Chart Industries, Inc. (A)	1,024		195,697
CIRCOR International, Inc. (A)	1,614		53,278
Colfax Corp. (A)	7,506		344,525
Columbus McKinnon Corp.	2,178		105,306
Crane Company	682		64,660
EnPro Industries, Inc.	503		43,821
ESCO Technologies, Inc.	1,885		145,145
Federal Signal Corp.	3,670		141,735
Franklin Electric Company, Inc.	745		59,488
FreightCar America, Inc. (A)	735		3,330
Gates Industrial Corp. PLC (A)	8,586		139,694
Gencor Industries, Inc. (A)	2,100		23,310
Graham Corp.	333		4,129
Helios Technologies, Inc.	4,855		398,644
Hillenbrand, Inc.	1,385		59,070
Hurco Companies, Inc.	1,054		34,002
Hyster-Yale Materials Handling, Inc.	815		40,962
ITT, Inc.	652		55,968
Kadant, Inc.	218		44,494
Kennametal, Inc.	1,573		53,844
LB Foster Company, Class A (A)	1,699		26,318
Lydall, Inc. (A)	338		20,986
Meritor, Inc. (A)	2,572		54,809
Miller Industries, Inc.	1,434		48,813
Mueller Industries, Inc.	2,004		82,364
Mueller Water Products, Inc., Class A	3,140		47,791

Small Cap Opportunities Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Machinery (continued)
NN, Inc. (A)	2,376	$	12,474
Oshkosh Corp.	2,463		252,137
Park-Ohio Holdings Corp.	749		19,114
Perma-Pipe International Holdings, Inc. (A)	1,100		8,536
RBC Bearings, Inc. (A)	3,585		760,737
REV Group, Inc.	2,206		37,855
Rexnord Corp.	891		57,282
Snap-on, Inc.	1,635		341,633
SPX FLOW, Inc.	1,971		144,080
Standex International Corp.	200		19,782
Tennant Company	494		36,531
Terex Corp.	1,393		58,645
The Eastern Company	1,471		37,010
The Gorman-Rupp Company	1,454		52,068
The Greenbrier Companies, Inc.	2,830		121,662
The LS Starrett Company, Class A (A)	1,530		19,110
The Manitowoc Company, Inc. (A)	2,421		51,858
The Shyft Group, Inc.	24,832		943,864
The Timken Company	2,526		165,251
Titan International, Inc. (A)	3,936		28,182
TriMas Corp. (A)	1,856		60,060
Trinity Industries, Inc.	8,957		243,362
Twin Disc, Inc. (A)	1,650		17,589
Wabash National Corp.	1,980		29,957
Woodward, Inc.	4,825		546,190
			8,007,396
Marine – 0.3%
Costamare, Inc.	3,754		58,149
Eagle Bulk Shipping, Inc. (A)	393		19,815
Eneti, Inc.	1,112		18,570
Genco Shipping & Trading, Ltd.	3,003		60,450
Kirby Corp. (A)	1,759		84,362
Matson, Inc.	2,868		231,476
			472,822
Professional services – 2.4%
Acacia Research Corp. (A)	2,172		14,748
ASGN, Inc. (A)	1,021		115,516
Barrett Business Services, Inc.	200		15,252
BGSF, Inc.	800		10,232
CACI International, Inc., Class A (A)	2,854		748,033
CBIZ, Inc. (A)	4,080		131,947
CRA International, Inc.	1,251		124,274
Exponent, Inc.	7,067		799,631
Forrester Research, Inc. (A)	8,054		396,740
FTI Consulting, Inc. (A)	753		101,429
GP Strategies Corp. (A)	825		17,078
Heidrick & Struggles International, Inc.	1,672		74,621
Hill International, Inc. (A)	3,275		6,779
Huron Consulting Group, Inc. (A)	1,411		73,372
ICF International, Inc.	1,429		127,595
KBR, Inc.	1,869		73,639
Kelly Services, Inc., Class A	4,330		81,750
Korn Ferry	3,492		252,681
ManpowerGroup, Inc.	1,407		152,350
ManTech International Corp., Class A	1,905		144,628
Mistras Group, Inc. (A)	2,232		22,677
Nielsen Holdings PLC	9,392		180,232
RCM Technologies, Inc. (A)	300		1,824
Resources Connection, Inc.	4,120		65,014
Science Applications International Corp.	1,299		111,142
TrueBlue, Inc. (A)	2,519		68,215

 

225

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Small Cap Opportunities Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Professional services (continued)
Willdan Group, Inc. (A)	400	$	14,236
			3,925,635
Road and rail – 1.3%
AMERCO	1,083		699,650
ArcBest Corp.	1,977		161,659
Covenant Logistics Group, Inc. (A)	1,513		41,834
Heartland Express, Inc.	4,107		65,794
Knight-Swift Transportation Holdings, Inc.	8,121		415,389
Marten Transport, Ltd.	6,368		99,914
P.A.M. Transportation Services, Inc. (A)	1,350		60,723
Patriot Transportation Holding, Inc.	450		5,342
Ryder System, Inc.	3,393		280,635
Schneider National, Inc., Class B	2,987		67,924
U.S. Xpress Enterprises, Inc., Class A (A)	2,111		18,218
USA Truck, Inc. (A)	1,375		21,010
Werner Enterprises, Inc.	4,155		183,942
			2,122,034
Trading companies and distributors – 2.2%
Air Lease Corp.	8,149		320,582
Alta Equipment Group, Inc. (A)	1,696		23,286
Applied Industrial Technologies, Inc.	708		63,812
Beacon Roofing Supply, Inc. (A)	3,611		172,461
Boise Cascade Company	2,003		108,122
CAI International, Inc.	896		50,095
DXP Enterprises, Inc. (A)	1,367		40,422
GATX Corp.	2,663		238,498
GMS, Inc. (A)	1,138		49,844
Lawson Products, Inc. (A)	591		29,556
McGrath RentCorp	1,800		129,510
MRC Global, Inc. (A)	2,745		20,148
NOW, Inc. (A)	7,656		58,568
Rush Enterprises, Inc., Class A	2,831		127,848
Rush Enterprises, Inc., Class B	1,117		51,125
SiteOne Landscape Supply, Inc. (A)	5,818		1,160,516
Textainer Group Holdings, Ltd. (A)	2,844		99,284
Titan Machinery, Inc. (A)	2,366		61,303
Transcat, Inc. (A)	353		22,761
Triton International, Ltd.	4,778		248,647
Univar Solutions, Inc. (A)	3,996		95,185
Veritiv Corp. (A)	1,408		126,100
WESCO International, Inc. (A)	2,696		310,903
Willis Lease Finance Corp. (A)	406		15,099
			3,623,675
Transportation infrastructure – 0.1%
Macquarie Infrastructure Holdings LLC	4,124		167,269
			29,606,004
Information technology – 12.6%
Communications equipment – 1.2%
ADTRAN, Inc.	4,669		87,590
BK Technologies Corp.	2,100		5,933
Communications Systems, Inc. (A)(B)	1,800		15,570
Comtech Telecommunications Corp.	2,706		69,301
Digi International, Inc. (A)	3,371		70,858
EchoStar Corp., Class A (A)	4,430		113,009
Genasys, Inc. (A)	3,300		17,094
Harmonic, Inc. (A)	4,356		38,115
Juniper Networks, Inc.	13,613		374,630
NETGEAR, Inc. (A)	2,513		80,190
NetScout Systems, Inc. (A)	4,585		123,566
Optical Cable Corp. (A)	931		3,463
Ribbon Communications, Inc. (A)	1,083		6,476

Small Cap Opportunities Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Communications equipment (continued)
TESSCO Technologies, Inc. (A)	1,750	$	9,765
ViaSat, Inc. (A)	2,775		152,819
Viavi Solutions, Inc. (A)	46,137		726,196
			1,894,575
Electronic equipment, instruments and components – 3.2%
ADDvantage Technologies Group, Inc. (A)	428		1,010
Arrow Electronics, Inc. (A)	6,456		724,944
Avnet, Inc.	9,371		346,446
Bel Fuse, Inc., Class B	1,641		20,398
Belden, Inc.	1,293		75,330
Benchmark Electronics, Inc.	3,813		101,845
CTS Corp.	2,910		89,948
Daktronics, Inc. (A)	3,929		21,334
ePlus, Inc. (A)	798		81,883
Fabrinet (A)	2,485		254,737
FARO Technologies, Inc. (A)	295		19,414
Flex, Ltd. (A)	22,654		400,523
Frequency Electronics, Inc. (A)	1,783		18,543
Insight Enterprises, Inc. (A)	2,190		197,275
Itron, Inc. (A)	205		15,504
Jabil, Inc.	7,913		461,882
Key Tronic Corp. (A)	1,900		12,350
Kimball Electronics, Inc. (A)	3,036		78,238
Knowles Corp. (A)	5,768		108,092
Methode Electronics, Inc.	1,701		71,527
OSI Systems, Inc. (A)	880		83,424
PC Connection, Inc.	2,391		105,276
Plexus Corp. (A)	2,005		179,267
RF Industries, Ltd. (A)	120		968
Richardson Electronics, Ltd.	2,384		23,101
Rogers Corp. (A)	3,608		672,820
Sanmina Corp. (A)	4,939		190,349
ScanSource, Inc. (A)	2,542		88,436
SYNNEX Corp.	2,778		289,190
TTM Technologies, Inc. (A)	8,193		102,986
Vishay Intertechnology, Inc.	9,510		191,056
Vishay Precision Group, Inc. (A)	1,686		58,622
			5,086,718
IT services – 1.1%
Alliance Data Systems Corp.	2,273		229,323
BM Technologies, Inc. (A)	367		3,266
Concentrix Corp. (A)	2,778		491,706
Conduent, Inc. (A)	9,516		62,710
CSG Systems International, Inc.	535		25,787
DXC Technology Company (A)	10,684		359,089
Endava PLC, ADR (A)	3,594		488,245
Information Services Group, Inc.	4,400		31,592
MAXIMUS, Inc.	710		59,072
Perficient, Inc. (A)	338		39,107
SolarWinds Corp.	430		7,194
			1,797,091
Semiconductors and semiconductor equipment – 3.4%
Alpha & Omega Semiconductor, Ltd. (A)	2,746		86,142
Amkor Technology, Inc.	18,705		466,690
Amtech Systems, Inc. (A)	2,404		27,478
Axcelis Technologies, Inc. (A)	3,360		158,021
AXT, Inc. (A)	4,229		35,228
Brooks Automation, Inc.	9,480		970,278
CMC Materials, Inc.	2,247		276,898
Cohu, Inc. (A)	3,140		100,292
Diodes, Inc. (A)	2,632		238,433
DSP Group, Inc. (A)	548		12,007
Entegris, Inc.	6,522		821,120

 

226

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Small Cap Opportunities Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Semiconductors and semiconductor equipment (continued)
First Solar, Inc. (A)	4,472	$	426,897
FormFactor, Inc. (A)	1,299		48,492
Ichor Holdings, Ltd. (A)	526		21,613
Kulicke & Soffa Industries, Inc.	4,804		279,977
MACOM Technology Solutions Holdings, Inc. (A)	8,416		545,946
MagnaChip Semiconductor Corp. (A)	799		14,190
NeoPhotonics Corp. (A)	3,808		33,168
Onto Innovation, Inc. (A)	1,461		105,557
PDF Solutions, Inc. (A)	2,193		50,527
Photronics, Inc. (A)	5,882		80,172
Rambus, Inc. (A)	3,601		79,942
Silicon Laboratories, Inc. (A)	3,574		500,932
Ultra Clean Holdings, Inc. (A)	2,274		96,872
Veeco Instruments, Inc. (A)	2,996		66,541
			5,543,413
Software – 3.5%
ACI Worldwide, Inc. (A)	2,573		79,068
Asure Software, Inc. (A)	1,391		12,533
Aware, Inc. (A)	2,160		8,834
Bottomline Technologies DE, Inc. (A)	5,191		203,902
Cerence, Inc. (A)	10,786		1,036,642
Cognyte Software, Ltd. (A)	402		8,261
Ebix, Inc.	954		25,691
InterDigital, Inc.	1,490		101,052
j2 Global, Inc. (A)	654		89,349
N-Able, Inc. (A)	430		5,336
OneSpan, Inc. (A)	1,048		19,681
Paycor HCM, Inc. (A)	17,944		630,911
Paylocity Holding Corp. (A)	4,823		1,352,369
Ping Identity Holding Corp. (A)	630		15,479
Rapid7, Inc. (A)	11,278		1,274,640
The Descartes Systems Group, Inc. (A)	8,593		698,267
Upland Software, Inc. (A)	280		9,363
Verint Systems, Inc. (A)	1,067		47,791
Xperi Holding Corp.	4,859		91,544
			5,710,713
Technology hardware, storage and peripherals – 0.2%
AstroNova, Inc. (A)	1,439		21,657
Stratasys, Ltd. (A)	2,906		62,537
Super Micro Computer, Inc. (A)	3,994		146,061
Xerox Holdings Corp.	7,509		151,457
			381,712
			20,414,222
Materials – 7.0%
Chemicals – 3.7%
AdvanSix, Inc. (A)	895		35,576
American Vanguard Corp.	2,118		31,876
Ashland Global Holdings, Inc.	3,485		310,583
Avient Corp.	15,375		712,631
Balchem Corp.	4,245		615,822
Cabot Corp.	1,625		81,445
CF Industries Holdings, Inc.	3,576		199,612
Core Molding Technologies, Inc. (A)	1,000		11,510
Ecovyst, Inc.	5,263		61,367
Element Solutions, Inc.	13,202		286,219
Ferro Corp. (A)	2,899		58,966
Flotek Industries, Inc. (A)	1,771		2,231
FutureFuel Corp.	4,276		30,488
GCP Applied Technologies, Inc. (A)	2,486		54,493
Hawkins, Inc.	1,460		50,925
HB Fuller Company	3,615		233,384
Huntsman Corp.	15,185		449,324
Innospec, Inc.	1,794		151,091

Small Cap Opportunities Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Chemicals (continued)
Intrepid Potash, Inc. (A)	504	$	15,574
Koppers Holdings, Inc. (A)	1,200		37,512
Kraton Corp. (A)	2,685		122,543
Kronos Worldwide, Inc.	2,697		33,470
LSB Industries, Inc. (A)	567		5,789
Minerals Technologies, Inc.	2,102		146,804
Olin Corp.	5,580		269,235
Quaker Chemical Corp.	1,802		428,371
Rayonier Advanced Materials, Inc. (A)	4,555		34,163
Sensient Technologies Corp.	1,185		107,930
Stepan Company	1,433		161,843
The Mosaic Company	14,538		519,297
Trecora Resources (A)	2,774		22,691
Tredegar Corp.	1,654		20,146
Trinseo SA	940		50,741
Tronox Holdings PLC, Class A	6,229		153,545
Venator Materials PLC (A)	2,700		7,695
Westlake Chemical Corp.	4,606		419,791
			5,934,683
Construction materials – 0.1%
Summit Materials, Inc., Class A (A)	5,182		165,669
United States Lime & Minerals, Inc.	686		82,869
			248,538
Containers and packaging – 0.6%
Berry Global Group, Inc. (A)	4,364		265,680
Graphic Packaging Holding Company	10,944		208,374
Greif, Inc., Class A	1,410		91,086
Greif, Inc., Class B	698		45,230
Ranpak Holdings Corp. (A)	1,842		49,402
Silgan Holdings, Inc.	1,982		76,030
Sonoco Products Company	3,466		206,504
UFP Technologies, Inc. (A)	300		18,477
			960,783
Metals and mining – 2.1%
Alcoa Corp. (A)	9,625		471,048
Allegheny Technologies, Inc. (A)	4,244		70,578
Ampco-Pittsburgh Corp. (A)	1,644		7,727
Arconic Corp. (A)	4,752		149,878
Carpenter Technology Corp.	3,575		117,046
Century Aluminum Company (A)	6,579		88,488
Coeur Mining, Inc. (A)	7,490		46,213
Commercial Metals Company	5,907		179,927
Ferroglobe PLC (A)	3,057		26,596
Friedman Industries, Inc.	1,511		17,996
Gold Resource Corp.	6,900		10,833
Haynes International, Inc.	458		17,061
Hecla Mining Company	26,017		143,094
Materion Corp.	1,721		118,129
Nexa Resources SA	900		6,840
Olympic Steel, Inc.	1,438		35,030
Reliance Steel & Aluminum Company	3,854		548,887
Schnitzer Steel Industries, Inc., Class A	3,077		134,803
Steel Dynamics, Inc.	10,944		640,005
SunCoke Energy, Inc.	6,433		40,399
Synalloy Corp. (A)	2,039		22,021
TimkenSteel Corp. (A)	2,689		35,172
U.S. Steel Corp.	8,605		189,052
Universal Stainless & Alloy Products, Inc. (A)	1,562		16,182
Warrior Met Coal, Inc.	3,785		88,077
Worthington Industries, Inc.	2,387		125,795
			3,346,877
Paper and forest products – 0.5%
Clearwater Paper Corp. (A)	1,597		61,213

 

227

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Small Cap Opportunities Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Paper and forest products (continued)
Domtar Corp. (A)	4,813	$	262,501
Glatfelter Corp.	4,610		65,001
Louisiana-Pacific Corp.	685		42,038
Mercer International, Inc.	7,458		86,438
Neenah, Inc.	193		8,996
Resolute Forest Products, Inc.	9,682		115,216
Schweitzer-Mauduit International, Inc.	1,971		68,315
Verso Corp., Class A	2,848		59,096
			768,814
			11,259,695
Real estate – 1.6%
Equity real estate investment trusts – 0.7%
Indus Realty Trust, Inc.	256		17,946
Ryman Hospitality Properties, Inc. (A)	5,714		478,262
STAG Industrial, Inc.	15,792		619,836
			1,116,044
Real estate management and development – 0.9%
Cushman & Wakefield PLC (A)	5,399		100,475
Five Point Holdings LLC, Class A (A)	2,659		20,820
Forestar Group, Inc. (A)	2,613		48,680
FRP Holdings, Inc. (A)	931		52,062
Jones Lang LaSalle, Inc. (A)	2,736		678,774
Kennedy-Wilson Holdings, Inc.	2,361		49,392
Marcus & Millichap, Inc. (A)	1,253		50,897
Rafael Holdings, Inc., Class B (A)	500		15,365
RE/MAX Holdings, Inc., Class A	799		24,897
Realogy Holdings Corp. (A)	9,125		160,053
Stratus Properties, Inc. (A)	1,025		33,046
Tejon Ranch Company (A)	1,709		30,352
The Howard Hughes Corp. (A)	1,787		156,916
The RMR Group, Inc., Class A	300		10,035
			1,431,764
			2,547,808
Utilities – 0.6%
Gas utilities – 0.1%
New Jersey Resources Corp.	4,232		147,316
Independent power and renewable electricity producers – 0.3%
Brookfield Renewable Corp., Class A	1,875		72,769
Ormat Technologies, Inc.	2,212		147,341
Vistra Corp.	20,677		353,577
			573,687
Multi-utilities – 0.2%
MDU Resources Group, Inc.	10,901		323,433
			1,044,436
TOTAL COMMON STOCKS (Cost $121,028,185)		$	160,760,873
PREFERRED SECURITIES – 0.0%
Consumer discretionary – 0.0%
Internet and direct marketing retail – 0.0%
Qurate Retail, Inc., 8.000%	206		22,279
Industrials – 0.0%
Trading companies and distributors – 0.0%
WESCO International, Inc. (10.625% to 6-22-25, then 5 Year CMT + 10.325%)	1,507		47,290
TOTAL PREFERRED SECURITIES (Cost $63,266)		$	69,569

Small Cap Opportunities Trust (continued)

	Shares or Principal Amount	Value
WARRANTS – 0.0%
Nabors Industries, Ltd. (Expiration Date: 6-11-26; Strike Price: $166.67) (A)	238	$	1,390
TOTAL WARRANTS (Cost $0)		$	1,390
SHORT-TERM INVESTMENTS – 1.2%
Short-term funds – 1.2%
John Hancock Collateral Trust, 0.0303% (E)(F)	26,150		261,664
State Street Institutional Treasury Money Market Fund, Premier Class, 0.0051% (E)	1,552,983		1,552,983
State Street Institutional U.S. Government Money Market Fund, Premier Class, 0.0250% (E)	156,875		156,875
TOTAL SHORT-TERM INVESTMENTS (Cost $1,971,534)		$	1,971,522
Total Investments (Small Cap Opportunities Trust) (Cost $123,062,985) – 100.7%		$	162,803,354
Other assets and liabilities, net – (0.7%)			(1,165,358)
TOTAL NET ASSETS – 100.0%		$	161,637,996

Security Abbreviations and Legend
ADR	American Depositary Receipt
CMT	Constant Maturity Treasury
(A)	Non-income producing security.
(B)	All or a portion of this security is on loan as of 9-30-21. The value of securities on loan amounted to $237,767.
(C)	Security is valued using significant unobservable inputs and is classified as Level 3 in the fair value hierarchy.
(D)	These 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.
(E)	The rate shown is the annualized seven-day yield as of 9-30-21.
(F)	Investment is an affiliate of the fund, the advisor and/or subadvisor. This security represents the investment of cash collateral received for securities lending.

Small Cap Stock Trust

	Shares or Principal Amount	Value
COMMON STOCKS – 96.8%
Communication services – 3.0%
Diversified telecommunication services – 0.9%
Bandwidth, Inc., Class A (A)	38,973	$	3,518,482
Media – 2.1%
Cardlytics, Inc. (A)	50,217		4,215,215
Criteo SA, ADR (A)	119,631		4,384,476
			8,599,691
			12,118,173
Consumer discretionary – 17.4%
Diversified consumer services – 3.1%
2U, Inc. (A)	111,424		3,740,504
Chegg, Inc. (A)	77,936		5,301,207
Mister Car Wash, Inc. (A)(B)	202,019		3,686,847
			12,728,558
Hotels, restaurants and leisure – 2.9%
Boyd Gaming Corp. (A)	42,632		2,696,900
Planet Fitness, Inc., Class A (A)	56,906		4,469,966

 

228

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Small Cap Stock Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Hotels, restaurants and leisure (continued)
Wingstop, Inc.	27,607	$	4,525,616
			11,692,482
Household durables – 2.7%
Cavco Industries, Inc. (A)	18,080		4,280,259
Skyline Champion Corp. (A)	109,562		6,580,294
			10,860,553
Internet and direct marketing retail – 3.3%
Porch Group, Inc. (A)	57,200		1,011,296
Porch.com, Inc. (A)	152,839		2,702,194
Revolve Group, Inc. (A)	65,991		4,076,264
Shutterstock, Inc.	51,436		5,828,728
			13,618,482
Leisure products – 0.6%
YETI Holdings, Inc. (A)	26,547		2,274,812
Multiline retail – 0.5%
Ollie's Bargain Outlet Holdings, Inc. (A)	31,654		1,908,103
Specialty retail – 2.9%
Five Below, Inc. (A)	38,633		6,830,701
Floor & Decor Holdings, Inc., Class A (A)	42,023		5,075,958
			11,906,659
Textiles, apparel and luxury goods – 1.4%
Crocs, Inc. (A)	40,506		5,811,801
On Holding AG, Class A (A)	2,783		83,852
			5,895,653
			70,885,302
Consumer staples – 0.1%
Household products – 0.1%
The Honest Company, Inc. (A)(C)	56,976		583,734
Energy – 1.7%
Oil, gas and consumable fuels – 1.7%
Chesapeake Energy Corp.	114,941		7,079,216
Financials – 4.1%
Banks – 3.4%
Ameris Bancorp	101,216		5,251,086
Sterling Bancorp	128,630		3,210,605
Western Alliance Bancorp	50,271		5,470,490
			13,932,181
Mortgage real estate investment trusts – 0.7%
Hannon Armstrong Sustainable Infrastructure Capital, Inc.	54,089		2,892,680
			16,824,861
Health care – 25.7%
Biotechnology – 10.2%
Allakos, Inc. (A)	17,774		1,881,733
ALX Oncology Holdings, Inc. (A)	15,491		1,144,168
Amicus Therapeutics, Inc. (A)	150,819		1,440,321
Arena Pharmaceuticals, Inc. (A)	35,724		2,127,364
Ascendis Pharma A/S, ADR (A)	18,043		2,875,874
BioAtla, Inc. (A)	24,698		727,109
Blueprint Medicines Corp. (A)	30,787		3,165,211
Celldex Therapeutics, Inc. (A)	24,010		1,296,300
Fate Therapeutics, Inc. (A)	30,322		1,797,185
ImmunoGen, Inc. (A)	220,932		1,252,684
Intellia Therapeutics, Inc. (A)	19,008		2,549,923
KalVista Pharmaceuticals, Inc. (A)	73,364		1,280,202
Karuna Therapeutics, Inc. (A)	12,268		1,500,744
Kodiak Sciences, Inc. (A)	24,475		2,349,111
Kymera Therapeutics, Inc. (A)	36,920		2,168,681
Madrigal Pharmaceuticals, Inc. (A)	14,533		1,159,588

Small Cap Stock Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Biotechnology (continued)
Mersana Therapeutics, Inc. (A)	116,713	$	1,100,604
Myovant Sciences, Ltd. (A)	81,671		1,832,697
RAPT Therapeutics, Inc. (A)	48,347		1,501,174
REVOLUTION Medicines, Inc. (A)	49,053		1,349,448
Rocket Pharmaceuticals, Inc. (A)	42,315		1,264,795
Scholar Rock Holding Corp. (A)	49,706		1,641,292
Turning Point Therapeutics, Inc. (A)	13,288		882,722
Veracyte, Inc. (A)	49,693		2,308,240
Y-mAbs Therapeutics, Inc. (A)	36,971		1,055,152
			41,652,322
Health care equipment and supplies – 3.0%
Globus Medical, Inc., Class A (A)	51,998		3,984,087
Hill-Rom Holdings, Inc.	22,368		3,355,200
Integra LifeSciences Holdings Corp. (A)	74,388		5,094,090
			12,433,377
Health care providers and services – 4.7%
Accolade, Inc. (A)	103,562		4,367,210
Cross Country Healthcare, Inc. (A)	238,796		5,072,027
HealthEquity, Inc. (A)	51,452		3,332,032
LHC Group, Inc. (A)	30,639		4,807,565
Oak Street Health, Inc. (A)	27,227		1,157,964
R1 RCM, Inc. (A)	20,744		456,575
			19,193,373
Health care technology – 3.9%
Health Catalyst, Inc. (A)	77,215		3,861,522
Inspire Medical Systems, Inc. (A)	23,292		5,424,241
MultiPlan Corp. (A)	522,868		2,943,747
Omnicell, Inc. (A)	24,647		3,658,354
			15,887,864
Life sciences tools and services – 3.1%
Medpace Holdings, Inc. (A)	29,741		5,629,376
NanoString Technologies, Inc. (A)	48,463		2,326,709
NeoGenomics, Inc. (A)	95,028		4,584,151
			12,540,236
Pharmaceuticals – 0.8%
Aclaris Therapeutics, Inc. (A)	97,669		1,758,042
Reata Pharmaceuticals, Inc., Class A (A)	13,081		1,316,079
			3,074,121
			104,781,293
Industrials – 13.2%
Aerospace and defense – 1.1%
Curtiss-Wright Corp.	35,399		4,466,646
Building products – 2.3%
Builders FirstSource, Inc. (A)	111,100		5,748,314
Gibraltar Industries, Inc. (A)	54,762		3,814,173
			9,562,487
Construction and engineering – 0.8%
Fluor Corp. (A)	195,246		3,118,079
Machinery – 6.5%
Altra Industrial Motion Corp.	130,463		7,221,127
Colfax Corp. (A)	127,915		5,871,299
Hydrofarm Holdings Group, Inc. (A)	50,000		1,892,500
Hyzon Motors, Inc. (A)	121,200		841,128
Kornit Digital, Ltd. (A)	17,625		2,551,043
Markforged (A)	341,400		2,239,584

 

229

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Small Cap Stock Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Machinery (continued)
The Middleby Corp. (A)	33,482	$	5,709,016
			26,325,697
Road and rail – 0.7%
Saia, Inc. (A)	11,633		2,769,003
Trading companies and distributors – 1.8%
Applied Industrial Technologies, Inc.	82,087		7,398,501
			53,640,413
Information technology – 28.2%
Communications equipment – 1.3%
Calix, Inc. (A)	105,443		5,212,047
Electronic equipment, instruments and components – 3.3%
II-VI, Inc. (A)	99,320		5,895,635
Novanta, Inc. (A)	22,318		3,448,131
PAR Technology Corp. (A)(B)	66,322		4,079,466
			13,423,232
IT services – 5.7%
LiveRamp Holdings, Inc. (A)	85,241		4,025,932
Payoneer Global, Inc. (A)	47,400		405,270
Payoneer Global, Inc. (A)	374,938		3,205,720
Perficient, Inc. (A)	57,429		6,644,535
Repay Holdings Corp. (A)	169,911		3,913,050
Verra Mobility Corp. (A)	326,058		4,913,694
			23,108,201
Semiconductors and semiconductor equipment – 5.7%
Maxeon Solar Technologies, Ltd. (A)(B)	105,949		1,867,881
MKS Instruments, Inc.	30,963		4,672,626
Synaptics, Inc. (A)	47,144		8,473,191
Tower Semiconductor, Ltd. (A)	275,985		8,251,952
			23,265,650
Software – 12.2%
Digital Turbine, Inc. (A)	99,320		6,828,250
j2 Global, Inc. (A)	42,551		5,813,318
Jamf Holding Corp. (A)	162,170		6,246,788
Kaltura, Inc. (A)(B)	327,800		3,373,062
Latch, Inc. (A)	271,318		3,057,754
Manhattan Associates, Inc. (A)	21,353		3,267,650
Mimecast, Ltd. (A)	93,939		5,974,520
Rapid7, Inc. (A)	54,605		6,171,457
Telos Corp. (A)	76,002		2,159,977
Varonis Systems, Inc. (A)	117,361		7,141,417
			50,034,193
			115,043,323
Materials – 0.7%
Chemicals – 0.7%
Cabot Corp.	56,160		2,814,739
Real estate – 2.7%
Equity real estate investment trusts – 2.7%
Essential Properties Realty Trust, Inc.	149,567		4,175,911
Ryman Hospitality Properties, Inc. (A)	44,794		3,749,258
Xenia Hotels & Resorts, Inc. (A)	176,064		3,123,375
			11,048,544
TOTAL COMMON STOCKS (Cost $359,441,782)		$	394,819,598
EXCHANGE-TRADED FUNDS – 0.7%
iShares Russell 2000 Growth ETF	10,000		2,935,900
TOTAL EXCHANGE-TRADED FUNDS (Cost $2,950,408)		$	2,935,900
SHORT-TERM INVESTMENTS – 5.3%
Short-term funds – 2.3%
John Hancock Collateral Trust, 0.0303% (D)(E)	918,127		9,186,962

Small Cap Stock Trust (continued)

		Shares or Principal Amount	Value
SHORT-TERM INVESTMENTS (continued)
Repurchase agreement – 3.0%
Societe Generale SA Tri-Party Repurchase Agreement dated 9-30-21 at 0.045% to be repurchased at $12,400,016 on 10-1-21, collateralized by $17,403 Federal Home Loan Mortgage Corp., 5.559% due 11-1-30 (valued at $18,099), $413,549 Federal National Mortgage Association, 3.500% - 4.500% due 2-1-42 to 12-1-47 (valued at $454,855), $1,176,169 Government National Mortgage Association, 2.125% - 2.500% due 12-20-27 to 6-20-51 (valued at $1,232,478), $5,618,600 U.S. Treasury Bills, 0.000% due 10-7-21 to 8-11-22 (valued at $5,614,942), $200 U.S. Treasury Bonds, 1.375% - 7.625% due 2-15-25 to 8-15-50 (valued at $209) and $5,137,600 U.S. Treasury Notes, 0.500% - 3.125% due 5-31-22 to 5-15-30 (valued at $5,327,516)	$	12,400,000	$	12,400,000
TOTAL SHORT-TERM INVESTMENTS (Cost $21,587,086)			$	21,586,962
Total Investments (Small Cap Stock Trust) (Cost $383,979,276) – 102.8%			$	419,342,460
Other assets and liabilities, net – (2.8%)				(11,255,386)
TOTAL NET ASSETS – 100.0%			$	408,087,074

Security Abbreviations and Legend
ADR	American Depositary Receipt
(A)	Non-income producing security.
(B)	All or a portion of this security is on loan as of 9-30-21. The value of securities on loan amounted to $8,982,427.
(C)	Restricted security as to resale. For more information on this security refer to the Notes to Portfolio of Investments.
(D)	The rate shown is the annualized seven-day yield as of 9-30-21.
(E)	Investment is an affiliate of the fund, the advisor and/or subadvisor. This security represents the investment of cash collateral received for securities lending.

Small Cap Value Trust

	Shares or Principal Amount	Value
COMMON STOCKS – 96.3%
Communication services – 0.4%
Interactive media and services – 0.1%
CarGurus, Inc. (A)	11,900	$	373,779
Media – 0.3%
WideOpenWest, Inc. (A)	89,267		1,754,097
			2,127,876
Consumer discretionary – 6.2%
Auto components – 1.7%
Gentherm, Inc. (A)	57,635		4,664,401
Visteon Corp. (A)	49,417		4,664,471
			9,328,872
Hotels, restaurants and leisure – 0.9%
Aramark	28,853		948,110

 

230

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Small Cap Value Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Hotels, restaurants and leisure (continued)
Wyndham Hotels & Resorts, Inc.	53,266	$	4,111,603
			5,059,713
Household durables – 1.2%
Tri Pointe Homes, Inc. (A)	293,206		6,163,190
Specialty retail – 1.0%
Monro, Inc.	92,093		5,296,268
Textiles, apparel and luxury goods – 1.4%
Kontoor Brands, Inc.	146,215		7,303,439
			33,151,482
Consumer staples – 5.7%
Beverages – 0.9%
C&C Group PLC (A)	1,467,666		4,652,626
Food products – 2.5%
Cranswick PLC	122,827		5,896,471
Hostess Brands, Inc. (A)	395,271		6,865,857
Post Holdings, Inc. (A)	6,275		691,254
			13,453,582
Household products – 2.3%
Spectrum Brands Holdings, Inc.	129,748		12,412,991
			30,519,199
Energy – 2.6%
Energy equipment and services – 0.2%
Bristow Group, Inc. (A)	22,473		715,316
Oil, gas and consumable fuels – 2.4%
Chesapeake Energy Corp.	7,637		470,363
Dorian LPG, Ltd.	425,006		5,274,324
Magnolia Oil & Gas Corp., Class A	320,211		5,696,554
Scorpio Tankers, Inc.	80,698		1,496,141
			12,937,382
			13,652,698
Financials – 24.7%
Banks – 15.7%
1st Source Corp.	97,063		4,585,256
Atlantic Union Bankshares Corp.	196,332		7,234,834
Banc of California, Inc.	479,579		8,867,416
BancorpSouth Bank	149,005		4,437,369
Eastern Bankshares, Inc.	240,201		4,876,080
First Busey Corp.	233,437		5,749,553
First Citizens BancShares, Inc., Class A	615		518,550
First Midwest Bancorp, Inc.	401,899		7,640,100
Flushing Financial Corp.	293,353		6,629,778
Great Western Bancorp, Inc.	254,653		8,337,339
Hancock Whitney Corp.	170,820		8,049,038
International Bancshares Corp.	191,769		7,985,261
Synovus Financial Corp.	195,670		8,587,956
Webster Financial Corp.	12,255		667,407
			84,165,937
Capital markets – 0.7%
SLR Investment Corp.	186,454		3,566,865
Insurance – 6.6%
Alleghany Corp. (A)	1,747		1,090,844
Argo Group International Holdings, Ltd.	69,495		3,629,029
Assured Guaranty, Ltd.	109,411		5,121,529
Kemper Corp.	130,334		8,705,008
ProAssurance Corp.	190,018		4,518,628
Reinsurance Group of America, Inc.	5,405		601,360
SiriusPoint, Ltd. (A)	529,720		4,905,207

Small Cap Value Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Insurance (continued)
White Mountains Insurance Group, Ltd.	6,327	$	6,767,422
			35,339,027
Thrifts and mortgage finance – 1.7%
NMI Holdings, Inc., Class A (A)	206,353		4,665,641
Northwest Bancshares, Inc.	357,131		4,742,700
			9,408,341
			132,480,170
Health care – 6.6%
Health care equipment and supplies – 3.1%
Haemonetics Corp. (A)	62,025		4,378,345
Lantheus Holdings, Inc. (A)	394,708		10,136,101
Natus Medical, Inc. (A)	91,566		2,296,475
			16,810,921
Health care providers and services – 2.2%
AMN Healthcare Services, Inc. (A)	7,087		813,233
Apria, Inc. (A)	44,000		1,634,600
MEDNAX, Inc. (A)	117,601		3,343,396
Owens & Minor, Inc.	198,380		6,207,310
			11,998,539
Health care technology – 1.2%
Allscripts Healthcare Solutions, Inc. (A)	472,348		6,315,293
Life sciences tools and services – 0.1%
Syneos Health, Inc. (A)	5,315		464,956
			35,589,709
Industrials – 22.9%
Aerospace and defense – 1.2%
Hexcel Corp. (A)	106,564		6,328,836
Building products – 3.0%
American Woodmark Corp. (A)	84,816		5,544,422
Tyman PLC	1,882,942		10,654,057
			16,198,479
Commercial services and supplies – 4.1%
ACCO Brands Corp.	724,575		6,224,099
BrightView Holdings, Inc. (A)	319,257		4,712,233
Clean Harbors, Inc. (A)	8,043		835,426
SP Plus Corp. (A)	189,532		5,812,946
UniFirst Corp.	20,836		4,430,150
			22,014,854
Construction and engineering – 0.9%
Primoris Services Corp.	211,171		5,171,578
Electrical equipment – 1.0%
Thermon Group Holdings, Inc. (A)	307,908		5,329,887
Machinery – 5.1%
Albany International Corp., Class A	46,997		3,612,659
Luxfer Holdings PLC	378,623		7,432,369
Mueller Industries, Inc.	125,648		5,164,133
TriMas Corp. (A)	345,942		11,194,683
			27,403,844
Professional services – 6.5%
CBIZ, Inc. (A)	230,796		7,463,943
Forrester Research, Inc. (A)	99,053		4,879,351
Huron Consulting Group, Inc. (A)	156,871		8,157,292
ICF International, Inc.	76,424		6,823,899
Science Applications International Corp.	87,101		7,452,362
			34,776,847
Trading companies and distributors – 1.1%
GATX Corp.	64,798		5,803,309
			123,027,634

 

231

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Small Cap Value Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Information technology – 7.4%
Electronic equipment, instruments and components – 3.1%
Belden, Inc.	173,227	$	10,092,205
CTS Corp.	213,368		6,595,205
			16,687,410
IT services – 2.0%
ExlService Holdings, Inc. (A)	36,854		4,537,464
WNS Holdings, Ltd., ADR (A)	74,501		6,094,182
			10,631,646
Software – 2.3%
CDK Global, Inc.	158,028		6,724,091
Progress Software Corp.	116,282		5,719,912
			12,444,003
			39,763,059
Materials – 6.7%
Chemicals – 4.7%
Axalta Coating Systems, Ltd. (A)	20,078		586,077
Element Solutions, Inc.	468,031		10,146,917
HB Fuller Company	68,299		4,409,383
Orion Engineered Carbons SA (A)	377,795		6,887,203
Stepan Company	26,410		2,982,745
			25,012,325
Containers and packaging – 0.2%
Sealed Air Corp.	20,216		1,107,635
Paper and forest products – 1.8%
Louisiana-Pacific Corp.	30,477		1,870,373
Neenah, Inc.	171,887		8,011,653
			9,882,026
			36,001,986
Real estate – 9.4%
Equity real estate investment trusts – 9.4%
Alexander & Baldwin, Inc.	368,117		8,628,662
Brandywine Realty Trust	504,325		6,768,042
Corporate Office Properties Trust	139,517		3,764,169
Lexington Realty Trust	335,268		4,274,667
Physicians Realty Trust	380,870		6,710,929
Piedmont Office Realty Trust, Inc., Class A	375,074		6,537,540
PotlatchDeltic Corp.	82,892		4,275,569
RPT Realty	728,447		9,294,984
			50,254,562
Utilities – 3.7%
Electric utilities – 1.6%
Portland General Electric Company	182,178		8,560,544
Gas utilities – 2.1%
New Jersey Resources Corp.	143,947		5,010,795
Spire, Inc.	83,933		5,135,021
UGI Corp.	23,007		980,558
			11,126,374
			19,686,918
TOTAL COMMON STOCKS (Cost $417,674,918)		$	516,255,293

Small Cap Value Trust (continued)

		Shares or Principal Amount	Value
SHORT-TERM INVESTMENTS – 3.7%
Repurchase agreement – 3.7%
Bank of America Tri-Party Repurchase Agreement dated 9-30-21 at 0.050% to be repurchased at $20,000,028 on 10-1-21, collateralized by $20,368,200 U.S. Treasury Notes, 0.375% due 3-31-22 (valued at $20,400,076)	$	20,000,000	$	20,000,000
TOTAL SHORT-TERM INVESTMENTS (Cost $20,000,000)			$	20,000,000
Total Investments (Small Cap Value Trust) (Cost $437,674,918) – 100.0%			$	536,255,293
Other assets and liabilities, net – 0.0%				79,570
TOTAL NET ASSETS – 100.0%			$	536,334,863

Security Abbreviations and Legend
ADR	American Depositary Receipt
(A)	Non-income producing security.

Small Company Value Trust

	Shares or Principal Amount	Value
COMMON STOCKS – 98.6%
Communication services – 2.7%
Media – 2.7%
Advantage Solutions, Inc. (A)	60,796	$	525,885
Boston Omaha Corp., Class A (A)	27,954		1,084,056
Cable One, Inc.	737		1,336,277
Integral Ad Science Holding Corp. (A)	16,353		337,362
Scholastic Corp.	19,104		681,058
Thryv Holdings, Inc. (A)	14,060		422,362
			4,387,000
Consumer discretionary – 8.9%
Auto components – 1.5%
Dorman Products, Inc. (A)	8,907		843,226
LCI Industries	6,655		895,963
Visteon Corp. (A)	7,313		690,274
			2,429,463
Distributors – 0.5%
Pool Corp.	2,110		916,605
Diversified consumer services – 0.8%
Strategic Education, Inc.	19,218		1,354,869
Hotels, restaurants and leisure – 2.2%
BJ's Restaurants, Inc. (A)	17,812		743,829
Dutch Bros, Inc., Class A (A)	4,548		197,019
Marriott Vacations Worldwide Corp.	6,595		1,037,591
Papa John's International, Inc.	9,126		1,158,911
Red Robin Gourmet Burgers, Inc. (A)	19,693		454,121
			3,591,471
Household durables – 1.3%
Cavco Industries, Inc. (A)	5,782		1,368,831
Meritage Homes Corp. (A)	8,524		826,828
			2,195,659
Internet and direct marketing retail – 0.1%
Xometry, Inc., Class A (A)(B)	1,588		91,580
Specialty retail – 1.6%
Hibbett, Inc.	8,865		627,110
Lumber Liquidators Holdings, Inc. (A)	38,025		710,307
Monro, Inc.	13,512		777,075

 

232

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Small Company Value Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Specialty retail (continued)
Petco Health & Wellness Company, Inc. (A)	26,579	$	560,817
			2,675,309
Textiles, apparel and luxury goods – 0.9%
Hanesbrands, Inc.	14,847		254,775
On Holding AG, Class A (A)	2,640		79,543
Steven Madden, Ltd.	29,991		1,204,439
			1,538,757
			14,793,713
Consumer staples – 2.8%
Beverages – 0.6%
Coca-Cola Consolidated, Inc.	2,525		995,305
Food and staples retailing – 0.2%
Grocery Outlet Holding Corp. (A)	17,711		382,026
Food products – 2.0%
Nomad Foods, Ltd. (A)	57,773		1,592,224
Post Holdings, Inc. (A)	8,454		931,293
The Simply Good Foods Company (A)	20,300		700,147
			3,223,664
			4,600,995
Energy – 6.6%
Energy equipment and services – 2.4%
Cactus, Inc., Class A	35,756		1,348,716
ChampionX Corp. (A)	73,866		1,651,644
Liberty Oilfield Services, Inc., Class A (A)	82,384		999,318
			3,999,678
Oil, gas and consumable fuels – 4.2%
Devon Energy Corp.	59,184		2,101,624
International Seaways, Inc.	25,706		468,363
Magnolia Oil & Gas Corp., Class A	86,130		1,532,253
Matador Resources Company	56,933		2,165,731
REX American Resources Corp. (A)	8,606		687,361
			6,955,332
			10,955,010
Financials – 26.7%
Banks – 15.1%
Atlantic Capital Bancshares, Inc. (A)	7,260		192,317
BankUnited, Inc.	43,404		1,815,155
Columbia Banking System, Inc.	30,249		1,149,160
CrossFirst Bankshares, Inc. (A)	42,222		548,886
Eastern Bankshares, Inc.	34,382		697,955
FB Financial Corp.	30,449		1,305,653
Glacier Bancorp, Inc.	21,990		1,217,147
HarborOne Bancorp, Inc.	67,020		940,961
Heritage Financial Corp.	16,616		423,708
Home BancShares, Inc.	82,308		1,936,707
Independent Bank Corp. (Massachusetts)	8,482		645,904
Live Oak Bancshares, Inc.	28,789		1,831,844
National Bank Holdings Corp., Class A	28,041		1,135,100
Origin Bancorp, Inc.	23,262		985,146
Pinnacle Financial Partners, Inc.	25,550		2,403,744
Popular, Inc.	16,772		1,302,681
Southern First Bancshares, Inc. (A)	17,049		912,122
Towne Bank	42,663		1,327,246
Webster Financial Corp.	22,004		1,198,338
Western Alliance Bancorp	28,194		3,068,067
			25,037,841
Capital markets – 2.6%
Hercules Capital, Inc.	48,743		809,621
Houlihan Lokey, Inc.	15,560		1,433,076

Small Company Value Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Capital markets (continued)
StepStone Group, Inc., Class A	10,735	$	457,740
Virtus Investment Partners, Inc.	5,304		1,645,937
			4,346,374
Consumer finance – 1.3%
Green Dot Corp., Class A (A)	17,099		860,593
PRA Group, Inc. (A)	8,917		375,762
PROG Holdings, Inc. (A)	22,766		956,400
			2,192,755
Insurance – 2.5%
BRP Group, Inc., Class A (A)	41,999		1,398,147
James River Group Holdings, Ltd.	22,075		832,890
Palomar Holdings, Inc. (A)	7,590		613,500
ProAssurance Corp.	30,895		734,683
Ryan Specialty Group Holdings, Inc., Class A (A)	18,032		610,744
			4,189,964
Mortgage real estate investment trusts – 1.6%
Hannon Armstrong Sustainable Infrastructure Capital, Inc.	30,522		1,632,317
PennyMac Mortgage Investment Trust	46,637		918,283
			2,550,600
Thrifts and mortgage finance – 3.6%
Meridian Bancorp, Inc.	29,610		614,704
PCSB Financial Corp.	18,732		345,418
PennyMac Financial Services, Inc.	14,119		863,094
Radian Group, Inc.	53,933		1,225,358
Walker & Dunlop, Inc.	7,435		843,873
WSFS Financial Corp.	38,102		1,955,014
			5,847,461
			44,164,995
Health care – 10.0%
Biotechnology – 3.7%
Acceleron Pharma, Inc. (A)	4,773		821,433
Blueprint Medicines Corp. (A)	4,919		505,722
C4 Therapeutics, Inc. (A)	11,156		498,450
Fate Therapeutics, Inc. (A)	6,500		385,255
Insmed, Inc. (A)	16,902		465,481
Karuna Therapeutics, Inc. (A)	2,537		310,351
Kodiak Sciences, Inc. (A)	3,902		374,514
Kymera Therapeutics, Inc. (A)	6,525		383,279
Prothena Corp. PLC (A)	6,200		441,626
Replimune Group, Inc. (A)	12,991		385,053
Turning Point Therapeutics, Inc. (A)	7,500		498,225
Ultragenyx Pharmaceutical, Inc. (A)	6,412		578,298
Xencor, Inc. (A)	12,690		414,455
			6,062,142
Health care equipment and supplies – 1.9%
Atrion Corp.	1,882		1,312,695
Figs, Inc., Class A (A)(B)	20,499		761,333
Ortho Clinical Diagnostics Holdings PLC (A)	35,536		656,705
Quidel Corp. (A)	2,748		387,880
			3,118,613
Health care providers and services – 3.2%
Agiliti, Inc. (A)(B)	31,885		607,090
Molina Healthcare, Inc. (A)	1,119		303,596
Option Care Health, Inc. (A)	54,295		1,317,197
Select Medical Holdings Corp.	50,109		1,812,443
The Ensign Group, Inc.	10,661		798,402

 

233

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Small Company Value Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Health care providers and services (continued)
The Pennant Group, Inc. (A)	16,246	$	456,350
			5,295,078
Health care technology – 0.6%
MultiPlan Corp. (A)(B)	40,000		225,200
Phreesia, Inc. (A)	13,023		803,519
			1,028,719
Life sciences tools and services – 0.3%
Pacific Biosciences of California, Inc. (A)	19,600		500,780
Pharmaceuticals – 0.3%
Arvinas, Inc. (A)	5,896		484,533
			16,489,865
Industrials – 14.5%
Aerospace and defense – 1.2%
Parsons Corp. (A)	14,732		497,352
Triumph Group, Inc. (A)	77,476		1,443,378
			1,940,730
Airlines – 0.2%
Allegiant Travel Company (A)	1,957		382,554
Building products – 1.5%
JELD-WEN Holding, Inc. (A)	23,683		592,785
UFP Industries, Inc.	27,901		1,896,710
			2,489,495
Commercial services and supplies – 2.2%
ABM Industries, Inc.	9,101		409,636
Brady Corp., Class A	16,416		832,291
MSA Safety, Inc.	5,148		750,064
Stericycle, Inc. (A)	17,795		1,209,526
UniFirst Corp.	1,987		422,476
			3,623,993
Construction and engineering – 0.2%
Ameresco, Inc., Class A (A)	5,542		323,819
Electrical equipment – 0.6%
Regal Beloit Corp.	3,500		526,190
Shoals Technologies Group, Inc., Class A (A)	17,325		483,021
			1,009,211
Machinery – 4.0%
Alamo Group, Inc.	3,173		442,729
Blue Bird Corp. (A)	24,177		504,332
Chart Industries, Inc. (A)	2,722		520,201
CIRCOR International, Inc. (A)	21,241		701,165
Enerpac Tool Group Corp.	31,686		656,851
ESCO Technologies, Inc.	12,530		964,810
Helios Technologies, Inc.	18,491		1,518,296
SPX Corp. (A)	15,020		802,819
The Timken Company	9,190		601,210
			6,712,413
Marine – 0.4%
Matson, Inc.	7,997		645,438
Professional services – 1.1%
FTI Consulting, Inc. (A)	3,061		412,317
Korn Ferry	18,960		1,371,946
			1,784,263
Road and rail – 0.8%
Landstar System, Inc.	7,030		1,109,475
Ryder System, Inc.	2,624		217,031
			1,326,506
Trading companies and distributors – 2.3%
Air Lease Corp.	9,290		365,469

Small Company Value Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Trading companies and distributors (continued)
Beacon Roofing Supply, Inc. (A)	27,043	$	1,291,574
McGrath RentCorp	12,710		914,485
Rush Enterprises, Inc., Class A	10,038		453,316
Univar Solutions, Inc. (A)	32,860		782,725
			3,807,569
			24,045,991
Information technology – 7.8%
Communications equipment – 0.9%
Harmonic, Inc. (A)	169,407		1,482,311
Electronic equipment, instruments and components – 3.0%
Belden, Inc.	38,787		2,259,731
Littelfuse, Inc.	8,644		2,362,146
PAR Technology Corp. (A)(B)	6,045		371,828
			4,993,705
IT services – 0.5%
i3 Verticals, Inc., Class A (A)	20,534		497,128
Payoneer Global, Inc. (A)(B)	45,500		389,025
			886,153
Semiconductors and semiconductor equipment – 1.8%
Entegris, Inc.	8,051		1,013,621
MaxLinear, Inc. (A)	17,909		882,018
Onto Innovation, Inc. (A)	6,713		485,014
Semtech Corp. (A)	6,783		528,871
			2,909,524
Software – 1.6%
Ceridian HCM Holding, Inc. (A)	11,041		1,243,437
Clearwater Analytics Holdings, Inc., Class A (A)	7,095		181,703
NCino, Inc. (A)	6,429		456,652
Paycor HCM, Inc. (A)	5,136		180,582
Workiva, Inc. (A)	4,423		623,466
			2,685,840
			12,957,533
Materials – 5.0%
Chemicals – 2.1%
Element Solutions, Inc.	35,100		760,968
Minerals Technologies, Inc.	11,839		826,836
Orion Engineered Carbons SA (A)	51,805		944,405
Quaker Chemical Corp.	3,856		916,648
			3,448,857
Containers and packaging – 0.4%
Myers Industries, Inc.	33,945		664,304
Metals and mining – 1.9%
Carpenter Technology Corp.	23,689		775,578
Constellium SE (A)	84,508		1,587,060
Reliance Steel & Aluminum Company	5,487		781,459
			3,144,097
Paper and forest products – 0.6%
Clearwater Paper Corp. (A)	27,179		1,041,771
			8,299,029
Real estate – 9.2%
Equity real estate investment trusts – 8.3%
American Campus Communities, Inc.	16,019		776,121
Apartment Investment and Management Company, Class A	56,955		390,142
EastGroup Properties, Inc.	8,224		1,370,365
Essential Properties Realty Trust, Inc.	24,351		679,880
Healthcare Realty Trust, Inc.	32,330		962,787
JBG SMITH Properties	41,218		1,220,465
NexPoint Residential Trust, Inc.	1,300		80,444

 

234

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Small Company Value Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Equity real estate investment trusts (continued)
PotlatchDeltic Corp.	23,655	$	1,220,125
PS Business Parks, Inc.	6,329		992,007
Safehold, Inc.	11,552		830,473
Saul Centers, Inc.	25,254		1,112,691
Sunstone Hotel Investors, Inc. (A)	126,467		1,510,016
Terreno Realty Corp.	25,740		1,627,540
Washington Real Estate Investment Trust	37,300		923,175
			13,696,231
Real estate management and development – 0.9%
The St. Joe Company	35,502		1,494,634
			15,190,865
Utilities – 4.4%
Electric utilities – 1.4%
IDACORP, Inc.	10,921		1,129,013
MGE Energy, Inc.	15,554		1,143,219
			2,272,232
Gas utilities – 1.7%
Chesapeake Utilities Corp.	15,831		1,900,512
ONE Gas, Inc.	16,124		1,021,778
			2,922,290
Multi-utilities – 0.6%
NorthWestern Corp.	17,100		979,830
Water utilities – 0.7%
California Water Service Group	18,748		1,104,820
			7,279,172
TOTAL COMMON STOCKS (Cost $114,472,486)		$	163,164,168
WARRANTS – 0.0%
Advantage Solutions, Inc. (Expiration Date: 10-28-25; Strike Price: $11.50) (A)	4,703		8,559
TOTAL WARRANTS (Cost $6,099)		$	8,559
SHORT-TERM INVESTMENTS – 2.5%
Short-term funds – 2.5%
John Hancock Collateral Trust, 0.0303% (C)(D)	191,977		1,920,965
State Street Institutional U.S. Government Money Market Fund, Premier Class, 0.0250% (C)	572,380		572,380
T. Rowe Price Government Reserve Fund, 0.0295% (C)	1,728,621		1,728,621
TOTAL SHORT-TERM INVESTMENTS (Cost $4,221,996)		$	4,221,966
Total Investments (Small Company Value Trust) (Cost $118,700,581) – 101.1%		$	167,394,693
Other assets and liabilities, net – (1.1%)			(1,841,772)
TOTAL NET ASSETS – 100.0%		$	165,552,921

Security Abbreviations and Legend
(A)	Non-income producing security.
(B)	All or a portion of this security is on loan as of 9-30-21. The value of securities on loan amounted to $1,874,196.
(C)	The rate shown is the annualized seven-day yield as of 9-30-21.
(D)	Investment is an affiliate of the fund, the advisor and/or subadvisor. This security represents the investment of cash collateral received for securities lending.

Strategic Equity Allocation Trust

	Shares or Principal Amount	Value
COMMON STOCKS – 95.9%
Communication services – 7.7%
Diversified telecommunication services – 1.2%
Anterix, Inc. (A)	2,094	$	127,106
AT&T, Inc.	921,209		24,881,855
ATN International, Inc.	1,968		92,201
Bandwidth, Inc., Class A (A)	3,920		353,898
BT Group PLC (A)	1,483,665		3,180,697
Cellnex Telecom SA (A)(B)	84,687		5,223,769
Cogent Communications Holdings, Inc.	7,025		497,651
Consolidated Communications Holdings, Inc. (A)	12,733		117,016
Deutsche Telekom AG	554,008		11,110,184
Elisa OYJ	23,642		1,467,771
Globalstar, Inc. (A)(C)	102,477		171,137
HKT Trust & HKT, Ltd.	629,421		860,615
IDT Corp., Class B (A)	3,400		142,630
Iliad SA	2,465		518,838
Infrastrutture Wireless Italiane SpA (B)	55,860		622,170
Iridium Communications, Inc. (A)	55,649		2,217,613
Koninklijke KPN NV	558,874		1,758,642
Liberty Latin America, Ltd., Class A (A)	10,325		135,051
Liberty Latin America, Ltd., Class C (A)	22,985		301,563
Lumen Technologies, Inc.	128,336		1,590,083
Nippon Telegraph & Telephone Corp.	213,916		5,927,430
Ooma, Inc. (A)	4,108		76,450
Orange SA	331,613		3,586,349
Proximus SADP	25,284		501,748
Radius Global Infrastructure, Inc., Class A (A)(C)	10,087		164,721
Singapore Telecommunications, Ltd.	1,084,233		1,951,908
Singapore Telecommunications, Ltd.	258,829		468,435
Spark New Zealand, Ltd.	310,349		1,021,009
Swisscom AG	4,305		2,477,445
Telecom Italia SpA	1,656,257		647,614
Telecom Italia SpA, Savings Shares	1,001,935		404,316
Telefonica Deutschland Holding AG	173,054		491,775
Telefonica SA	855,050		4,012,387
Telenor ASA	116,307		1,957,678
Telia Company AB	441,851		1,817,655
Telstra Corp., Ltd.	691,906		1,938,788
United Internet AG	16,123		623,693
Verizon Communications, Inc.	534,160		28,849,982
			112,289,873
Entertainment – 1.3%
Activision Blizzard, Inc.	100,340		7,765,313
AMC Entertainment Holdings, Inc., Class A (A)(C)	86,590		3,295,615
Bollore SA	146,913		848,392
Capcom Company, Ltd.	29,300		814,133
Cinemark Holdings, Inc. (A)	18,489		355,174
CuriosityStream, Inc. (A)(C)	5,137		54,144
Electronic Arts, Inc.	36,717		5,222,993
Eros STX Global Corp. (A)	61,116		56,196
IMAX Corp. (A)	8,738		165,847
Koei Tecmo Holdings Company, Ltd.	9,800		465,179
Konami Holdings Corp.	15,509		972,092
Liberty Media Corp.-Liberty Braves, Class A (A)	3,619		97,387
Liberty Media Corp.-Liberty Braves, Class C (A)	4,488		118,573
Lions Gate Entertainment Corp., Class A (A)	9,707		137,742
Lions Gate Entertainment Corp., Class B (A)	20,058		260,754
Live Nation Entertainment, Inc. (A)	16,999		1,549,119

 

235

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Strategic Equity Allocation Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Entertainment (continued)
Madison Square Garden Entertainment Corp. (A)	4,403	$	319,966
Netflix, Inc. (A)	57,104		34,852,855
Nexon Company, Ltd.	81,206		1,303,401
Nintendo Company, Ltd.	18,639		8,907,254
Sea, Ltd., ADR (A)	11,500		3,665,395
Square Enix Holdings Company, Ltd.	14,300		764,274
Take-Two Interactive Software, Inc. (A)	15,033		2,316,134
The Marcus Corp. (A)	4,615		80,532
The Walt Disney Company (A)	234,447		39,661,399
Toho Company, Ltd.	18,608		876,648
Ubisoft Entertainment SA (A)	15,394		921,827
Universal Music Group NV (A)(C)	118,280		3,166,978
World Wrestling Entertainment, Inc., Class A	12,258		689,635
			119,704,951
Interactive media and services – 3.7%
Adevinta ASA (A)	45,540		780,392
Alphabet, Inc., Class A (A)	38,846		103,855,558
Alphabet, Inc., Class C (A)	36,351		96,886,684
Auto Trader Group PLC (B)	160,672		1,267,092
CarGurus, Inc. (A)	15,922		500,110
Cars.com, Inc. (A)	11,991		151,686
Eventbrite, Inc., Class A (A)	12,938		244,658
EverQuote, Inc., Class A (A)	3,567		66,453
Facebook, Inc., Class A (A)	307,561		104,383,128
FuboTV, Inc. (A)(C)	22,140		530,474
Kakaku.com, Inc.	22,300		720,135
Liberty TripAdvisor Holdings, Inc., Class A (A)	15,390		47,555
Match Group, Inc. (A)	35,714		5,606,741
MediaAlpha, Inc., Class A (A)	3,787		70,741
QuinStreet, Inc. (A)	8,453		148,435
REA Group, Ltd.	8,784		989,348
Scout24 AG (B)	14,543		1,007,285
SEEK, Ltd.	55,831		1,227,346
TripAdvisor, Inc. (A)	26,728		904,743
TrueCar, Inc. (A)	17,658		73,457
Twitter, Inc. (A)	102,954		6,217,392
Yelp, Inc. (A)	30,835		1,148,295
Z Holdings Corp.	445,354		2,850,291
			329,677,999
Media – 1.0%
Advantage Solutions, Inc. (A)	13,047		112,857
AMC Networks, Inc., Class A (A)	4,897		228,151
Audacy, Inc. (A)	22,099		81,324
Boston Omaha Corp., Class A (A)	3,085		119,636
Cable One, Inc.	1,344		2,436,847
Cardlytics, Inc. (A)	5,399		453,192
Charter Communications, Inc., Class A (A)	16,365		11,906,519
Clear Channel Outdoor Holdings, Inc. (A)	64,251		174,120
Comcast Corp., Class A	590,953		33,052,001
comScore, Inc. (A)	14,824		57,814
CyberAgent, Inc.	67,200		1,296,454
Daily Journal Corp. (A)	242		77,530
Dentsu Group, Inc.	35,965		1,383,744
Discovery, Inc., Series A (A)(C)	21,815		553,665
Discovery, Inc., Series C (A)	39,189		951,117
DISH Network Corp., Class A (A)	32,117		1,395,805
Embracer Group AB (A)	77,638		743,947
Entravision Communications Corp., Class A	10,666		75,729
Fox Corp., Class A	41,724		1,673,550

Strategic Equity Allocation Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Media (continued)
Fox Corp., Class B	19,138	$	710,403
Gannett Company, Inc. (A)	24,271		162,130
Gray Television, Inc.	14,221		324,523
Hakuhodo DY Holdings, Inc.	38,873		668,963
Hemisphere Media Group, Inc. (A)	2,701		32,898
iHeartMedia, Inc., Class A (A)	18,816		470,776
Informa PLC (A)	249,843		1,837,335
Integral Ad Science Holding Corp. (A)	2,963		61,127
John Wiley & Sons, Inc., Class A	18,951		989,432
Loral Space & Communications, Inc.	2,342		100,729
Meredith Corp. (A)	6,689		372,577
News Corp., Class A	50,472		1,187,606
News Corp., Class B	15,715		365,059
Omnicom Group, Inc.	27,663		2,004,461
Pearson PLC	125,700		1,205,490
Publicis Groupe SA	37,110		2,492,968
Schibsted ASA, B Shares	16,181		684,947
Schibsted ASA, Class A	12,155		576,970
Scholastic Corp.	4,375		155,969
Sinclair Broadcast Group, Inc., Class A	7,941		251,571
Stagwell, Inc. (A)	11,257		86,341
TechTarget, Inc. (A)	4,229		348,554
TEGNA, Inc.	96,377		1,900,554
The EW Scripps Company, Class A	9,750		176,085
The Interpublic Group of Companies, Inc.	50,785		1,862,286
The New York Times Company, Class A	45,368		2,235,281
ViacomCBS, Inc., Class B	78,163		3,088,220
Vivendi SE (C)	118,280		1,489,138
WideOpenWest, Inc. (A)	8,897		174,826
WPP PLC	200,159		2,681,643
			85,472,864
Wireless telecommunication services – 0.5%
Gogo, Inc. (A)(C)	10,204		176,529
KDDI Corp.	268,143		8,828,101
Shenandoah Telecommunications Company	8,369		264,293
SoftBank Corp.	477,400		6,475,829
SoftBank Group Corp.	200,474		11,584,445
Tele2 AB, B Shares (C)	83,250		1,232,659
Telephone & Data Systems, Inc.	43,541		849,050
T-Mobile US, Inc. (A)	75,676		9,668,366
United States Cellular Corp. (A)	2,466		78,641
Vodafone Group PLC	4,647,731		7,072,414
			46,230,327
			693,376,014
Consumer discretionary – 12.0%
Auto components – 0.5%
Adient PLC (A)	41,509		1,720,548
Aisin Corp.	24,458		886,279
American Axle & Manufacturing Holdings, Inc. (A)	19,629		172,931
Aptiv PLC (A)	34,901		5,199,202
BorgWarner, Inc.	30,938		1,336,831
Bridgestone Corp.	94,906		4,490,116
Cie Generale des Etablissements Michelin SCA	28,161		4,318,221
Continental AG (A)	18,285		1,984,994
Cooper-Standard Holdings, Inc. (A)	3,251		71,229
Dana, Inc.	63,799		1,418,890
Denso Corp.	71,995		4,701,082
Dorman Products, Inc. (A)	4,412		417,684
Faurecia SE	19,503		917,569
Fox Factory Holding Corp. (A)	18,502		2,674,279

 

236

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Strategic Equity Allocation Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Auto components (continued)
Gentex Corp.	64,880	$	2,139,742
Gentherm, Inc. (A)	5,535		447,948
Koito Manufacturing Company, Ltd.	17,366		1,044,273
LCI Industries	4,117		554,272
Lear Corp.	16,221		2,538,262
Modine Manufacturing Company (A)	9,277		105,108
Motorcar Parts of America, Inc. (A)	3,976		77,532
Patrick Industries, Inc.	3,793		315,957
Standard Motor Products, Inc.	3,367		147,172
Stanley Electric Company, Ltd.	21,667		547,269
Stoneridge, Inc. (A)	4,793		97,729
Sumitomo Electric Industries, Ltd.	125,343		1,666,770
Tenneco, Inc., Class A (A)	11,561		164,975
The Goodyear Tire & Rubber Company (A)	122,706		2,171,896
Toyota Industries Corp.	24,353		2,003,762
Valeo	38,169		1,065,215
Visteon Corp. (A)	12,275		1,158,637
Vitesco Technologies Group AG (A)	3,657		216,040
XPEL, Inc. (A)	3,015		228,718
			47,001,132
Automobiles – 2.0%
Arcimoto, Inc. (A)(C)	5,013		57,299
Bayerische Motoren Werke AG	55,034		5,227,072
Canoo, Inc. (A)(C)	18,663		143,518
Daimler AG	142,261		12,551,927
Ferrari NV	20,952		4,372,679
Fisker, Inc. (A)(C)	27,618		404,604
Ford Motor Company (A)	506,265		7,168,712
General Motors Company (A)	187,302		9,872,688
Harley-Davidson, Inc.	41,772		1,529,273
Honda Motor Company, Ltd.	270,973		8,330,741
Isuzu Motors, Ltd.	96,946		1,261,289
Lordstown Motors Corp., Class A (A)(C)	17,059		136,131
Mazda Motor Corp. (A)	94,500		817,796
Nissan Motor Company, Ltd. (A)	385,876		1,928,402
Renault SA (A)	31,951		1,133,523
Stellantis NV	337,548		6,423,917
Subaru Corp.	102,327		1,890,975
Suzuki Motor Corp.	61,243		2,736,278
Tesla, Inc. (A)	104,691		81,185,777
Thor Industries, Inc.	15,033		1,845,451
Toyota Motor Corp.	1,762,500		31,403,143
Volkswagen AG	5,395		1,663,835
Winnebago Industries, Inc.	5,419		392,607
Workhorse Group, Inc. (A)(C)	21,043		160,979
Yamaha Motor Company, Ltd.	46,613		1,297,698
			183,936,314
Distributors – 0.1%
Funko, Inc., Class A (A)	4,654		84,749
Genuine Parts Company	18,478		2,240,088
LKQ Corp. (A)	34,883		1,755,313
Pool Corp.	5,174		2,247,637
			6,327,787
Diversified consumer services – 0.1%
2U, Inc. (A)	12,159		408,178
Adtalem Global Education, Inc. (A)	8,308		314,125
American Public Education, Inc. (A)	3,443		88,175
Carriage Services, Inc.	2,871		128,018
Coursera, Inc. (A)	9,779		309,505
European Wax Center, Inc., Class A (A)	1,989		55,712
Graham Holdings Company, Class B	1,721		1,013,944
Grand Canyon Education, Inc. (A)	12,269		1,079,181
H&R Block, Inc.	48,345		1,208,625

Strategic Equity Allocation Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Diversified consumer services (continued)
Houghton Mifflin Harcourt Company (A)	21,515	$	288,946
Laureate Education, Inc., Class A (A)	16,745		284,498
OneSpaWorld Holdings, Ltd. (A)	10,151		101,205
Perdoceo Education Corp. (A)	12,251		129,371
PowerSchool Holdings, Inc., Class A (A)	7,275		179,038
Service Corp. International	45,501		2,741,890
Strategic Education, Inc.	4,099		288,980
Stride, Inc. (A)	6,855		246,369
Vivint Smart Home, Inc. (A)	15,876		150,028
WW International, Inc. (A)	9,006		164,360
			9,180,148
Hotels, restaurants and leisure – 1.9%
Accel Entertainment, Inc. (A)	10,256		124,508
Accor SA (A)	28,240		1,006,960
Aristocrat Leisure, Ltd.	95,524		3,176,795
Bally's Corp. (A)	5,532		277,374
BJ's Restaurants, Inc. (A)	3,989		166,581
Bloomin' Brands, Inc. (A)	14,973		374,325
Bluegreen Vacations Holding Corp. (A)	2,959		76,342
Booking Holdings, Inc. (A)	5,298		12,576,763
Boyd Gaming Corp. (A)	22,244		1,407,155
Brinker International, Inc. (A)	7,672		376,312
Caesars Entertainment, Inc. (A)	27,537		3,091,854
Carnival Corp. (A)	103,027		2,576,705
Century Casinos, Inc. (A)	5,283		71,162
Chipotle Mexican Grill, Inc. (A)	3,625		6,588,510
Choice Hotels International, Inc.	8,912		1,126,209
Churchill Downs, Inc.	9,413		2,259,873
Chuy's Holdings, Inc. (A)	3,608		113,760
Compass Group PLC (A)	296,530		6,064,386
Cracker Barrel Old Country Store, Inc.	10,406		1,455,175
Crown Resorts, Ltd. (A)	61,905		423,761
Darden Restaurants, Inc.	16,814		2,546,817
Dave & Buster's Entertainment, Inc. (A)	7,341		281,381
Del Taco Restaurants, Inc.	6,760		59,015
Denny's Corp. (A)	10,996		179,675
Dine Brands Global, Inc. (A)	2,743		222,759
Domino's Pizza Enterprises, Ltd.	10,067		1,151,446
Domino's Pizza, Inc.	4,755		2,267,945
El Pollo Loco Holdings, Inc. (A)	3,782		63,916
Entain PLC (A)	97,304		2,779,159
Esports Technologies, Inc. (A)(C)	1,065		35,752
Everi Holdings, Inc. (A)	14,361		347,249
Evolution AB (B)	28,234		4,275,735
Expedia Group, Inc. (A)	18,746		3,072,469
F45 Training Holdings, Inc. (A)	4,024		60,199
Flutter Entertainment PLC (A)	27,686		5,491,014
Full House Resorts, Inc. (A)	6,772		71,851
Galaxy Entertainment Group, Ltd. (A)	362,153		1,858,218
GAN, Ltd. (A)	7,366		109,532
Genting Singapore, Ltd.	1,005,121		529,950
Golden Entertainment, Inc. (A)	2,877		141,232
Golden Nugget Online Gaming, Inc. (A)	6,976		121,173
Hilton Grand Vacations, Inc. (A)	14,388		684,437
Hilton Worldwide Holdings, Inc. (A)	35,956		4,750,147
InterContinental Hotels Group PLC (A)	30,453		1,944,471
International Game Technology PLC (A)	16,808		442,387
Jack in the Box, Inc.	9,549		929,404
La Francaise des Jeux SAEM (B)	15,874		816,196
Las Vegas Sands Corp. (A)	44,357		1,623,466
Lindblad Expeditions Holdings, Inc. (A)	5,855		85,424
Marriott International, Inc., Class A (A)	35,294		5,226,688
Marriott Vacations Worldwide Corp.	11,596		1,824,399
McDonald's Corp.	96,352		23,231,431

 

237

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Strategic Equity Allocation Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Hotels, restaurants and leisure (continued)
McDonald's Holdings Company Japan, Ltd.	13,261	$	625,632
Melco Resorts & Entertainment, Ltd., ADR (A)	35,800		366,592
MGM Resorts International	51,603		2,226,669
Monarch Casino & Resort, Inc. (A)	2,218		148,584
Nathan's Famous, Inc.	310		18,963
Noodles & Company (A)	7,500		88,500
Norwegian Cruise Line Holdings, Ltd. (A)	47,741		1,275,162
ONE Group Hospitality, Inc. (A)	4,021		42,984
Oriental Land Company, Ltd.	33,200		5,370,954
Papa John's International, Inc.	14,386		1,826,878
Penn National Gaming, Inc. (A)	20,229		1,465,793
RCI Hospitality Holdings, Inc.	1,498		102,628
Red Robin Gourmet Burgers, Inc. (A)	3,051		70,356
Red Rock Resorts, Inc., Class A (A)	10,314		528,283
Royal Caribbean Cruises, Ltd. (A)	28,916		2,572,078
Rush Street Interactive, Inc. (A)	9,308		178,807
Ruth's Hospitality Group, Inc. (A)	6,033		124,943
Sands China, Ltd. (A)	403,482		825,726
Scientific Games Corp. (A)	42,298		3,513,695
SeaWorld Entertainment, Inc. (A)	8,623		477,024
Shake Shack, Inc., Class A (A)	6,293		493,749
Six Flags Entertainment Corp. (A)	20,984		891,820
SJM Holdings, Ltd. (A)	330,826		224,854
Sodexo SA (A)	14,706		1,285,240
Starbucks Corp.	152,128		16,781,240
Tabcorp Holdings, Ltd.	369,274		1,283,074
Texas Roadhouse, Inc.	30,651		2,799,356
The Cheesecake Factory, Inc. (A)	7,798		366,506
The Wendy's Company	48,393		1,049,160
Travel + Leisure Company	23,431		1,277,692
Whitbread PLC (A)	33,570		1,492,625
Wingstop, Inc.	13,077		2,143,713
Wyndham Hotels & Resorts, Inc.	25,393		1,960,086
Wynn Macau, Ltd. (A)(C)	259,470		218,343
Wynn Resorts, Ltd. (A)	13,581		1,150,990
Yum! Brands, Inc.	38,144		4,665,393
			170,493,539
Household durables – 0.9%
Aterian, Inc. (A)(C)	4,855		52,580
Barratt Developments PLC	169,264		1,496,258
Beazer Homes USA, Inc. (A)	5,169		89,165
Berkeley Group Holdings PLC	18,669		1,090,189
Casio Computer Company, Ltd.	32,248		533,902
Cavco Industries, Inc. (A)	1,550		366,947
Century Communities, Inc.	4,976		305,775
D.R. Horton, Inc.	42,054		3,531,274
Electrolux AB, Series B (C)	37,490		866,158
Ethan Allen Interiors, Inc.	4,256		100,867
Garmin, Ltd.	19,603		3,047,482
GoPro, Inc., Class A (A)	21,115		197,636
Green Brick Partners, Inc. (A)	5,114		104,939
Hamilton Beach Brands Holding Company, Class B	853		13,367
Helen of Troy, Ltd. (A)	10,550		2,370,374
Hooker Furnishings Corp.	2,571		69,391
Hovnanian Enterprises, Inc., Class A (A)	890		85,787
Husqvarna AB, B Shares	69,550		830,847
Iida Group Holdings Company, Ltd.	24,500		630,182
Installed Building Products, Inc.	3,966		424,957
iRobot Corp. (A)(C)	4,698		368,793
KB Home	38,282		1,489,935
La-Z-Boy, Inc.	7,502		241,789

Strategic Equity Allocation Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Household durables (continued)
Leggett & Platt, Inc.	17,199	$	771,203
Lennar Corp., A Shares	35,441		3,320,113
LGI Homes, Inc. (A)	3,672		521,094
Lifetime Brands, Inc.	2,079		37,817
M/I Homes, Inc. (A)	4,678		270,388
MDC Holdings, Inc.	9,463		442,111
Meritage Homes Corp. (A)	6,210		602,370
Mohawk Industries, Inc. (A)	7,214		1,279,764
Newell Brands, Inc.	48,848		1,081,495
NVR, Inc. (A)	434		2,080,631
Panasonic Corp.	367,009		4,549,223
Persimmon PLC	53,039		1,896,937
PulteGroup, Inc.	33,484		1,537,585
Purple Innovation, Inc. (A)	9,801		206,017
Rinnai Corp.	5,978		656,332
SEB SA	4,599		647,011
Sekisui Chemical Company, Ltd.	62,744		1,078,079
Sekisui House, Ltd.	102,426		2,144,898
Sharp Corp.	35,600		448,770
Skyline Champion Corp. (A)	8,865		532,432
Sonos, Inc. (A)	20,233		654,740
Sony Group Corp.	209,600		23,269,509
Taylor Morrison Home Corp. (A)	54,097		1,394,621
Taylor Wimpey PLC	606,034		1,264,005
Tempur Sealy International, Inc.	53,352		2,476,066
The Lovesac Company (A)	2,245		148,372
Toll Brothers, Inc.	31,489		1,741,027
TopBuild Corp. (A)	8,942		1,831,411
Traeger, Inc. (A)	3,966		83,008
Tri Pointe Homes, Inc. (A)	49,660		1,043,853
Tupperware Brands Corp. (A)	8,527		180,090
Universal Electronics, Inc. (A)	2,355		115,984
Vuzix Corp. (A)(C)	10,114		105,792
Weber, Inc., Class A (A)(C)	3,473		61,090
Whirlpool Corp.	8,090		1,649,227
			78,431,659
Internet and direct marketing retail – 2.5%
1-800-Flowers.com, Inc., Class A (A)	4,546		138,698
Amazon.com, Inc. (A)	56,194		184,599,538
CarParts.com, Inc. (A)	8,542		133,341
Delivery Hero SE (A)(B)	26,927		3,434,678
eBay, Inc.	83,871		5,843,293
Etsy, Inc. (A)	16,331		3,396,195
Groupon, Inc. (A)	4,196		95,711
HelloFresh SE (A)	27,454		2,530,355
Just Eat Takeaway.com NV (A)(B)	29,820		2,178,768
Lands' End, Inc. (A)	2,523		59,391
Liquidity Services, Inc. (A)	4,573		98,823
Magnite, Inc. (A)	21,852		611,856
Mercari, Inc. (A)	17,000		939,385
Overstock.com, Inc. (A)	7,256		565,388
PetMed Express, Inc. (C)	3,674		98,720
Porch Group, Inc. (A)	13,111		231,802
Prosus NV (A)	155,104		12,414,677
Quotient Technology, Inc. (A)	15,889		92,474
Rakuten Group, Inc.	144,105		1,403,691
Revolve Group, Inc. (A)	6,045		373,400
Shutterstock, Inc.	3,890		440,815
Stamps.com, Inc. (A)	2,980		982,774
Stitch Fix, Inc., Class A (A)	9,970		398,302
The RealReal, Inc. (A)	13,705		180,632
Xometry, Inc., Class A (A)(C)	1,440		83,045
Zalando SE (A)(B)	36,867		3,362,326

 

238

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Strategic Equity Allocation Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Internet and direct marketing retail (continued)
ZOZO, Inc.	20,700	$	775,525
			225,463,603
Leisure products – 0.2%
Acushnet Holdings Corp.	5,613		262,127
American Outdoor Brands, Inc. (A)	2,388		58,649
AMMO, Inc. (A)(C)	14,868		91,438
Bandai Namco Holdings, Inc.	33,193		2,495,371
Brunswick Corp.	21,042		2,004,671
Callaway Golf Company (A)	51,373		1,419,436
Clarus Corp.	4,206		107,800
Escalade, Inc.	2,562		48,447
Genius Brands International, Inc. (A)(C)	52,641		71,592
Hasbro, Inc.	16,698		1,489,796
Johnson Outdoors, Inc., Class A	909		96,172
Latham Group, Inc. (A)	4,219		69,192
Malibu Boats, Inc., Class A (A)	3,521		246,400
MasterCraft Boat Holdings, Inc. (A)	3,716		93,197
Mattel, Inc. (A)	94,751		1,758,579
Nautilus, Inc. (A)	5,726		53,309
Polaris, Inc.	15,464		1,850,422
Shimano, Inc.	12,281		3,588,349
Smith & Wesson Brands, Inc.	8,103		168,218
Sturm Ruger & Company, Inc.	2,841		209,609
Vista Outdoor, Inc. (A)	9,594		386,734
Yamaha Corp.	22,273		1,401,018
YETI Holdings, Inc. (A)	23,742		2,034,452
			20,004,978
Multiline retail – 0.5%
Big Lots, Inc.	5,746		249,147
Dillard's, Inc., Class A	1,005		173,383
Dollar General Corp.	30,475		6,464,967
Dollar Tree, Inc. (A)	29,927		2,864,612
Franchise Group, Inc.	4,970		175,988
Kohl's Corp.	42,420		1,997,558
Macy's, Inc.	52,693		1,190,862
Next PLC	22,098		2,430,799
Nordstrom, Inc. (A)	30,201		798,816
Ollie's Bargain Outlet Holdings, Inc. (A)	16,485		993,716
Pan Pacific International Holdings Corp.	68,500		1,413,383
Ryohin Keikaku Company, Ltd.	41,960		933,319
Target Corp.	63,830		14,602,389
Wesfarmers, Ltd.	188,465		7,495,893
			41,784,832
Specialty retail – 1.8%
ABC-Mart, Inc.	5,464		306,929
Abercrombie & Fitch Company, Class A (A)	10,302		387,664
Academy Sports & Outdoors, Inc. (A)	13,060		522,661
Advance Auto Parts, Inc.	8,443		1,763,658
American Eagle Outfitters, Inc. (C)	66,952		1,727,362
America's Car-Mart, Inc. (A)	1,077		125,772
Arko Corp. (A)	11,337		114,504
Asbury Automotive Group, Inc. (A)	3,234		636,257
AutoNation, Inc. (A)	11,858		1,443,830
AutoZone, Inc. (A)	2,780		4,720,412
Barnes & Noble Education, Inc. (A)	7,147		71,399
Bath & Body Works, Inc.	34,158		2,152,979
Bed Bath & Beyond, Inc. (A)	17,737		306,407
Best Buy Company, Inc.	29,085		3,074,575
Big 5 Sporting Goods Corp.	3,607		83,105
Boot Barn Holdings, Inc. (A)	4,902		435,641
Caleres, Inc.	6,422		142,697
Camping World Holdings, Inc., Class A	7,235		281,224
CarLotz, Inc. (A)	13,757		52,414

Strategic Equity Allocation Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Specialty retail (continued)
CarMax, Inc. (A)	21,022	$	2,689,975
Chico's FAS, Inc. (A)	20,904		93,859
Chow Tai Fook Jewellery Group, Ltd.	332,400		632,155
Citi Trends, Inc. (A)	1,526		111,337
Conn's, Inc. (A)	3,197		72,988
Designer Brands, Inc., Class A (A)	10,530		146,683
Dick's Sporting Goods, Inc.	17,794		2,131,187
Fast Retailing Company, Ltd.	9,746		7,187,826
Five Below, Inc. (A)	15,203		2,688,042
Foot Locker, Inc.	24,459		1,116,798
GameStop Corp., Class A (A)(C)	16,894		2,964,390
Genesco, Inc. (A)	2,544		146,865
Group 1 Automotive, Inc.	2,932		550,864
GrowGeneration Corp. (A)	9,208		227,161
Guess?, Inc.	7,012		147,322
Haverty Furniture Companies, Inc.	2,931		98,804
Hennes & Mauritz AB, B Shares (A)	121,394		2,457,210
Hibbett, Inc.	2,700		190,998
Hikari Tsushin, Inc.	3,500		591,566
Industria de Diseno Textil SA	181,314		6,671,583
JD Sports Fashion PLC	85,737		1,204,904
Kingfisher PLC	350,947		1,584,131
Lithia Motors, Inc.	8,214		2,604,167
Lowe's Companies, Inc.	91,203		18,501,441
Lumber Liquidators Holdings, Inc. (A)	5,308		99,153
MarineMax, Inc. (A)	3,566		173,022
Monro, Inc.	5,641		324,414
Murphy USA, Inc.	10,482		1,753,219
National Vision Holdings, Inc. (A)	13,712		778,430
Nitori Holdings Company, Ltd.	13,311		2,623,224
OneWater Marine, Inc., Class A	1,865		74,992
O'Reilly Automotive, Inc. (A)	8,896		5,435,990
Party City Holdco, Inc. (A)	19,063		135,347
Rent-A-Center, Inc.	11,056		621,458
RH (A)	4,625		3,084,459
Ross Stores, Inc.	46,076		5,015,373
Sally Beauty Holdings, Inc. (A)	19,088		321,633
Shift Technologies, Inc. (A)(C)	11,775		81,719
Shoe Carnival, Inc.	3,136		101,669
Signet Jewelers, Ltd.	8,745		690,505
Sleep Number Corp. (A)	3,892		363,824
Sonic Automotive, Inc., Class A	3,709		194,871
Sportsman's Warehouse Holdings, Inc. (A)	7,572		133,267
The Aaron's Company, Inc.	5,595		154,086
The Buckle, Inc.	5,034		199,296
The Cato Corp., Class A	3,937		65,118
The Children's Place, Inc. (A)	2,367		178,140
The Container Store Group, Inc. (A)	5,690		54,169
The Gap, Inc.	27,769		630,356
The Home Depot, Inc.	137,182		45,031,363
The ODP Corp. (A)	7,962		319,754
The TJX Companies, Inc.	155,662		10,270,579
Tilly's, Inc., Class A	4,719		66,113
Tractor Supply Company	14,752		2,988,903
TravelCenters of America, Inc. (A)	2,249		111,978
Ulta Beauty, Inc. (A)	7,065		2,549,900
Urban Outfitters, Inc. (A)	29,538		876,983
USS Company, Ltd.	36,448		620,430
Victoria's Secret & Company (A)	20,390		1,126,751
Williams-Sonoma, Inc.	20,396		3,616,823
Winmark Corp.	599		128,803
Yamada Holdings Company, Ltd.	112,508		472,486

 

239

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Strategic Equity Allocation Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Specialty retail (continued)
Zumiez, Inc. (A)	3,836	$	152,519
			164,782,865
Textiles, apparel and luxury goods – 1.5%
adidas AG	31,647		9,945,273
Burberry Group PLC	67,296		1,637,758
Capri Holdings, Ltd. (A)	41,274		1,998,074
Carter's, Inc.	11,950		1,162,018
Cie Financiere Richemont SA, A Shares	86,766		8,996,079
Columbia Sportswear Company	9,493		909,809
Crocs, Inc. (A)	27,287		3,915,139
Deckers Outdoor Corp. (A)	7,511		2,705,462
EssilorLuxottica SA	47,434		9,064,308
Fossil Group, Inc. (A)	8,688		102,953
G-III Apparel Group, Ltd. (A)	7,506		212,420
Hanesbrands, Inc.	45,047		773,007
Hermes International	5,264		7,262,922
Kering SA	12,468		8,855,528
Kontoor Brands, Inc.	8,682		433,666
LVMH Moet Hennessy Louis Vuitton SE	46,145		33,051,984
Moncler SpA	34,118		2,080,877
Movado Group, Inc.	2,776		87,416
NIKE, Inc., Class B	164,900		23,948,427
Oxford Industries, Inc.	2,749		247,877
Pandora A/S	16,622		2,017,906
PLBY Group, Inc. (A)(C)	4,191		98,782
Puma SE	17,549		1,950,836
PVH Corp. (A)	9,207		946,388
Ralph Lauren Corp.	6,274		696,665
Rocky Brands, Inc.	1,293		61,560
Skechers USA, Inc., Class A (A)	36,626		1,542,687
Steven Madden, Ltd.	13,738		551,718
Superior Group of Companies, Inc.	1,439		33,514
Tapestry, Inc.	35,979		1,331,943
The Swatch Group AG	8,745		449,967
The Swatch Group AG, Bearer Shares	4,810		1,254,841
Under Armour, Inc., Class A (A)	24,339		491,161
Under Armour, Inc., Class C (A)	26,888		471,078
Vera Bradley, Inc. (A)	5,722		53,844
VF Corp.	42,047		2,816,729
Wolverine World Wide, Inc.	13,680		408,211
			132,568,827
			1,079,975,684
Consumer staples – 6.6%
Beverages – 1.4%
Anheuser-Busch InBev SA/NV	126,651		7,183,314
Asahi Group Holdings, Ltd.	75,881		3,661,664
Brown-Forman Corp., Class B	23,574		1,579,694
Budweiser Brewing Company APAC, Ltd. (B)	286,200		726,959
Carlsberg A/S, Class B	16,689		2,722,696
Celsius Holdings, Inc. (A)	9,075		817,567
Coca-Cola Consolidated, Inc.	786		309,825
Coca-Cola Europacific Partners PLC	34,058		1,883,067
Coca-Cola HBC AG (A)	33,335		1,074,193
Constellation Brands, Inc., Class A	21,708		4,573,659
Davide Campari-Milano NV	86,885		1,220,492
Diageo PLC	388,721		18,819,931
Heineken Holding NV	19,150		1,667,503
Heineken NV	43,084		4,496,884
Ito En, Ltd.	8,900		590,381
Kirin Holdings Company, Ltd.	136,692		2,536,986
MGP Ingredients, Inc.	2,377		154,743
Molson Coors Beverage Company, Class B	24,307		1,127,359

Strategic Equity Allocation Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Beverages (continued)
Monster Beverage Corp. (A)	48,448	$	4,303,636
National Beverage Corp.	4,017		210,852
PepsiCo, Inc.	178,321		26,821,262
Pernod Ricard SA	34,823		7,677,185
Primo Water Corp.	26,182		411,581
Remy Cointreau SA (C)	3,778		731,458
Suntory Beverage & Food, Ltd.	23,159		960,064
The Boston Beer Company, Inc., Class A (A)	2,549		1,299,353
The Coca-Cola Company	501,240		26,300,063
The Duckhorn Portfolio, Inc. (A)	3,376		77,277
Treasury Wine Estates, Ltd.	119,985		1,058,025
			124,997,673
Food and staples retailing – 1.3%
Aeon Company, Ltd.	108,678		2,857,140
BJ's Wholesale Club Holdings, Inc. (A)	60,164		3,304,207
Carrefour SA	101,928		1,826,696
Casey's General Stores, Inc.	10,053		1,894,488
Coles Group, Ltd.	221,723		2,693,265
Cosmos Pharmaceutical Corp.	3,300		560,447
Costco Wholesale Corp.	57,036		25,629,127
Endeavour Group, Ltd.	222,946		1,115,643
Etablissements Franz Colruyt NV	9,053		461,812
Grocery Outlet Holding Corp. (A)	23,700		511,209
HF Foods Group, Inc. (A)	7,776		47,045
ICA Gruppen AB	16,717		766,969
Ingles Markets, Inc., Class A	2,375		156,821
J Sainsbury PLC	278,809		1,068,614
Jeronimo Martins SGPS SA	41,839		834,161
Kesko OYJ, B Shares	45,399		1,565,966
Kobe Bussan Company, Ltd.	22,700		741,696
Koninklijke Ahold Delhaize NV	173,819		5,787,848
Lawson, Inc.	8,289		407,175
Ocado Group PLC (A)	80,993		1,810,017
Performance Food Group Company (A)	67,165		3,120,486
PriceSmart, Inc.	3,921		304,074
Rite Aid Corp. (A)	9,623		136,647
Seven & i Holdings Company, Ltd.	125,229		5,700,981
SpartanNash Company	6,187		135,495
Sprouts Farmers Market, Inc. (A)	50,130		1,161,512
Sysco Corp.	66,004		5,181,314
Tesco PLC	1,285,146		4,376,736
The Andersons, Inc.	5,364		165,372
The Chefs' Warehouse, Inc. (A)	5,473		178,256
The Kroger Company	87,732		3,547,005
Tsuruha Holdings, Inc.	6,598		813,679
United Natural Foods, Inc. (A)	9,376		453,986
Village Super Market, Inc., Class A	1,739		37,702
Walgreens Boots Alliance, Inc.	92,629		4,358,194
Walmart, Inc.	184,383		25,699,303
Weis Markets, Inc.	2,684		141,044
Welcia Holdings Company, Ltd.	15,700		565,870
Wm Morrison Supermarkets PLC	400,542		1,586,831
Woolworths Group, Ltd.	210,706		5,918,365
			117,623,198
Food products – 1.7%
a2 Milk Company, Ltd. (A)	123,569		547,157
Ajinomoto Company, Inc.	77,596		2,292,947
AppHarvest, Inc. (A)(C)	12,415		80,946
Archer-Daniels-Midland Company	72,170		4,330,922
Associated British Foods PLC	59,215		1,474,021
B&G Foods, Inc. (C)	10,731		320,750
Barry Callebaut AG	593		1,344,961
Calavo Growers, Inc.	3,054		116,785
Cal-Maine Foods, Inc.	5,886		212,838

 

240

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Strategic Equity Allocation Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Food products (continued)
Campbell Soup Company	26,197	$	1,095,297
Chocoladefabriken Lindt & Spruengli AG	18		2,118,995
Chocoladefabriken Lindt & Spruengli AG, Participation Certificates	174		1,944,886
Conagra Brands, Inc.	61,973		2,099,026
Danone SA	108,583		7,402,963
Darling Ingredients, Inc. (A)	44,005		3,163,960
Flowers Foods, Inc.	54,045		1,277,083
Fresh Del Monte Produce, Inc.	5,620		181,076
General Mills, Inc.	78,222		4,679,240
Hormel Foods Corp.	36,368		1,491,088
Hostess Brands, Inc. (A)	21,793		378,544
Ingredion, Inc.	18,193		1,619,359
J&J Snack Foods Corp.	2,434		371,964
JDE Peet's NV	12,503		373,525
John B. Sanfilippo & Son, Inc.	1,509		123,315
Kellogg Company	32,985		2,108,401
Kerry Group PLC, Class A	25,244		3,391,475
Kerry Group PLC, Class A (London Stock Exchange)	1,204		161,183
Kikkoman Corp.	24,146		1,964,824
Krispy Kreme, Inc. (A)(C)	3,746		52,444
Lamb Weston Holdings, Inc.	18,723		1,149,031
Lancaster Colony Corp.	8,518		1,437,924
Landec Corp. (A)	5,944		54,804
Limoneira Company	3,721		60,169
McCormick & Company, Inc.	32,151		2,605,196
MEIJI Holdings Company, Ltd.	20,300		1,312,443
Mission Produce, Inc. (A)(C)	6,385		117,356
Mondelez International, Inc., Class A	180,347		10,492,588
Mowi ASA	73,060		1,853,720
Nestle SA	478,874		57,699,537
NH Foods, Ltd.	13,741		518,920
Nisshin Seifun Group, Inc.	32,900		545,177
Nissin Foods Holdings Company, Ltd.	10,575		848,587
Orkla ASA	124,842		1,145,824
Pilgrim's Pride Corp. (A)	13,232		384,787
Post Holdings, Inc. (A)	15,914		1,753,086
Sanderson Farms, Inc.	9,134		1,719,019
Seneca Foods Corp., Class A (A)	1,169		56,369
Tattooed Chef, Inc. (A)	8,169		150,555
The Hain Celestial Group, Inc. (A)	22,744		972,988
The Hershey Company	18,763		3,175,638
The J.M. Smucker Company	13,979		1,677,899
The Kraft Heinz Company	86,814		3,196,491
The Simply Good Foods Company (A)	14,293		492,966
Tootsie Roll Industries, Inc.	7,374		224,391
Toyo Suisan Kaisha, Ltd.	14,750		653,126
TreeHouse Foods, Inc. (A)	8,730		348,152
Tyson Foods, Inc., Class A	38,037		3,002,641
Utz Brands, Inc.	9,660		165,476
Vital Farms, Inc. (A)	4,707		82,702
WH Group, Ltd. (B)	1,593,000		1,134,293
Whole Earth Brands, Inc. (A)	6,899		79,683
Wilmar International, Ltd.	319,303		986,454
Yakult Honsha Company, Ltd.	21,303		1,078,380
			147,896,347
Household products – 0.9%
Central Garden & Pet Company (A)	2,522		121,056
Central Garden & Pet Company, Class A (A)	5,806		249,658
Church & Dwight Company, Inc.	31,680		2,615,818
Colgate-Palmolive Company	108,831		8,225,447
Energizer Holdings, Inc.	28,536		1,114,331

Strategic Equity Allocation Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Household products (continued)
Essity AB, B Shares	101,157	$	3,137,281
Henkel AG & Company KGaA	17,273		1,485,912
Kimberly-Clark Corp.	43,449		5,754,386
Lion Corp.	37,300		603,300
Oil-Dri Corp. of America	1,449		50,715
Pigeon Corp.	19,200		446,357
Reckitt Benckiser Group PLC	118,573		9,315,117
The Clorox Company	15,845		2,624,090
The Procter & Gamble Company	313,188		43,783,682
Unicharm Corp.	67,100		2,973,335
WD-40 Company	2,263		523,839
			83,024,324
Personal products – 0.7%
Beiersdorf AG	16,755		1,807,866
BellRing Brands, Inc., Class A (A)	6,697		205,933
Coty, Inc., Class A (A)	76,964		604,937
Edgewell Personal Care Company	9,079		329,568
elf Beauty, Inc. (A)	8,180		237,629
Inter Parfums, Inc.	3,020		225,805
Kao Corp.	80,075		4,765,548
Kobayashi Pharmaceutical Company, Ltd.	8,900		705,616
Kose Corp.	5,500		657,774
L'Oreal SA	41,937		17,353,698
Medifast, Inc.	1,961		377,767
Nu Skin Enterprises, Inc., Class A	21,887		885,767
Pola Orbis Holdings, Inc.	15,272		351,527
Shiseido Company, Ltd.	66,460		4,466,738
The Beauty Health Company (A)(C)	14,733		382,616
The Estee Lauder Companies, Inc., Class A	29,919		8,973,606
The Honest Company, Inc. (A)(C)	5,160		53,561
Unilever PLC	435,482		23,576,267
USANA Health Sciences, Inc. (A)	2,071		190,946
Veru, Inc. (A)	11,609		99,025
			66,252,194
Tobacco – 0.6%
22nd Century Group, Inc. (A)(C)	28,685		84,908
Altria Group, Inc.	237,924		10,830,300
British American Tobacco PLC	362,336		12,665,279
Imperial Brands PLC	157,310		3,290,397
Japan Tobacco, Inc.	199,466		3,908,388
Philip Morris International, Inc.	201,084		19,060,752
Swedish Match AB	262,625		2,298,649
Turning Point Brands, Inc.	2,453		117,131
Universal Corp.	3,933		190,082
Vector Group, Ltd.	24,307		309,914
			52,755,800
			592,549,536
Energy – 3.0%
Energy equipment and services – 0.2%
Archrock, Inc.	23,163		191,095
Aspen Aerogels, Inc. (A)	3,747		172,399
Baker Hughes Company	106,893		2,643,464
Bristow Group, Inc. (A)	3,646		116,052
Cactus, Inc., Class A	9,121		344,044
ChampionX Corp. (A)	88,900		1,987,804
DMC Global, Inc. (A)	3,344		123,427
Dril-Quip, Inc. (A)	6,049		152,314
Frank's International NV (A)	30,681		90,202
Halliburton Company	114,893		2,483,987
Helix Energy Solutions Group, Inc. (A)	25,850		100,298
Helmerich & Payne, Inc.	17,528		480,442

 

241

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Strategic Equity Allocation Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Energy equipment and services (continued)
Liberty Oilfield Services, Inc., Class A (A)	15,581	$	188,998
Nabors Industries, Ltd. (A)	1,267		122,240
National Energy Services Reunited Corp. (A)	6,472		81,029
Newpark Resources, Inc. (A)	19,002		62,707
NexTier Oilfield Solutions, Inc. (A)	30,851		141,915
NOV, Inc. (A)	106,083		1,390,748
Oceaneering International, Inc. (A)	17,287		230,263
Oil States International, Inc. (A)	11,965		76,456
Patterson-UTI Energy, Inc.	32,170		289,530
ProPetro Holding Corp. (A)	15,309		132,423
RPC, Inc. (A)	12,911		62,747
Schlumberger NV	180,427		5,347,856
Select Energy Services, Inc., Class A (A)	12,331		63,998
Tenaris SA	78,490		825,642
TETRA Technologies, Inc. (A)	23,211		72,418
Tidewater, Inc. (A)	7,583		91,451
U.S. Silica Holdings, Inc. (A)	13,160		105,148
			18,171,097
Oil, gas and consumable fuels – 2.8%
Aemetis, Inc. (A)(C)	4,874		89,097
Alto Ingredients, Inc. (A)	13,767		68,009
Ampol, Ltd.	39,610		790,516
Antero Midstream Corp.	88,154		918,565
Antero Resources Corp. (A)	48,029		903,425
APA Corp.	48,772		1,045,184
Arch Resources, Inc. (A)	2,530		234,658
Berry Corp.	12,918		93,139
Bonanza Creek Energy, Inc.	5,088		243,715
BP PLC	3,364,729		15,325,845
Brigham Minerals, Inc., Class A	7,672		146,996
Cabot Oil & Gas Corp.	51,564		1,122,033
California Resources Corp. (A)	13,870		568,670
Callon Petroleum Company (A)	6,753		331,437
Centennial Resource Development, Inc., Class A (A)	30,668		205,476
Centrus Energy Corp., Class A (A)	1,883		72,797
Chesapeake Energy Corp.	16,534		1,018,329
Chevron Corp.	249,515		25,313,297
Cimarex Energy Company	27,915		2,434,188
Clean Energy Fuels Corp. (A)(C)	26,384		215,030
CNX Resources Corp. (A)	95,159		1,200,907
Comstock Resources, Inc. (A)	15,946		165,041
ConocoPhillips	172,769		11,708,555
CONSOL Energy, Inc. (A)	5,714		148,678
Contango Oil & Gas Company (A)	26,817		122,554
CVR Energy, Inc.	5,497		91,580
Delek US Holdings, Inc. (A)	11,473		206,170
Denbury, Inc. (A)	8,477		595,509
Devon Energy Corp.	81,233		2,884,584
DHT Holdings, Inc.	22,723		148,381
Diamondback Energy, Inc.	21,958		2,078,764
Dorian LPG, Ltd.	5,241		65,041
DT Midstream, Inc.	26,300		1,216,112
ENEOS Holdings, Inc.	510,111		2,072,251
Energy Fuels, Inc. (A)(C)	25,437		178,568
Eni SpA	419,522		5,594,410
EOG Resources, Inc.	75,330		6,046,739
EQT Corp. (A)	74,925		1,532,966
Equinor ASA	162,445		4,131,108
Equitrans Midstream Corp.	179,464		1,819,765
Extraction Oil & Gas, Inc. (A)	2,708		152,867
Exxon Mobil Corp.	546,218		32,128,543
Frontline, Ltd. (A)(C)	19,966		187,081

Strategic Equity Allocation Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Oil, gas and consumable fuels (continued)
Galp Energia SGPS SA	83,319	$	946,336
Gevo, Inc. (A)(C)	33,841		224,704
Golar LNG, Ltd. (A)	17,654		228,972
Green Plains, Inc. (A)	8,040		262,506
Hess Corp.	35,559		2,777,513
HollyFrontier Corp.	40,589		1,344,714
Idemitsu Kosan Company, Ltd.	34,686		912,473
Inpex Corp.	170,141		1,324,775
International Seaways, Inc.	7,920		144,302
Kinder Morgan, Inc.	251,488		4,207,394
Koninklijke Vopak NV	11,687		460,496
Kosmos Energy, Ltd. (A)	70,960		210,042
Laredo Petroleum, Inc. (A)	2,158		174,949
Lundin Energy AB (C)	33,268		1,234,947
Magnolia Oil & Gas Corp., Class A	23,512		418,278
Marathon Oil Corp.	101,720		1,390,512
Marathon Petroleum Corp.	82,341		5,089,497
Matador Resources Company	18,674		710,359
Murphy Oil Corp.	64,100		1,600,577
Neste OYJ	70,321		3,966,969
Nordic American Tankers, Ltd. (C)	29,813		76,321
Northern Oil and Gas, Inc.	9,068		194,055
Oasis Petroleum, Inc.	3,341		332,162
Occidental Petroleum Corp.	114,447		3,385,342
Oil Search, Ltd.	328,111		1,021,071
OMV AG	24,479		1,474,018
ONEOK, Inc.	57,499		3,334,367
Ovintiv, Inc.	44,053		1,448,463
Par Pacific Holdings, Inc. (A)	7,962		125,163
PBF Energy, Inc., Class A (A)	16,803		217,935
PDC Energy, Inc.	16,724		792,550
Peabody Energy Corp. (A)	13,606		201,233
Penn Virginia Corp. (A)	2,991		79,770
Phillips 66	56,510		3,957,395
Pioneer Natural Resources Company	29,272		4,874,081
Range Resources Corp. (A)	40,170		909,047
Renewable Energy Group, Inc. (A)	7,444		373,689
Repsol SA	241,187		3,148,346
REX American Resources Corp. (A)	984		78,592
Royal Dutch Shell PLC, A Shares	681,696		15,160,356
Royal Dutch Shell PLC, B Shares	616,038		13,649,314
Santos, Ltd.	311,619		1,596,122
Scorpio Tankers, Inc.	8,581		159,092
SFL Corp., Ltd.	18,527		155,256
SM Energy Company	20,226		533,562
Southwestern Energy Company (A)	114,299		633,216
Talos Energy, Inc. (A)	6,791		93,512
Targa Resources Corp.	62,084		3,055,154
Teekay Tankers, Ltd., Class A (A)	4,806		69,831
Tellurian, Inc. (A)	61,697		241,235
The Williams Companies, Inc.	156,755		4,066,225
TotalEnergies SE	415,270		19,849,052
Uranium Energy Corp. (A)	40,624		123,903
Ur-Energy, Inc. (A)	35,880		61,714
Valero Energy Corp.	52,747		3,722,356
Vine Energy, Inc., Class A (A)	4,645		76,503
W&T Offshore, Inc. (A)	18,300		68,076
Washington H. Soul Pattinson & Company, Ltd. (C)	17,906		497,626
Whiting Petroleum Corp. (A)	6,517		380,658
Woodside Petroleum, Ltd.	160,165		2,738,708
World Fuel Services Corp.	10,364		348,438
			246,550,404
			264,721,501

 

242

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Strategic Equity Allocation Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Financials – 13.2%
Banks – 5.9%
1st Source Corp.	2,514	$	118,761
ABN AMRO Bank NV (A)(B)	70,311		1,014,403
Allegiance Bancshares, Inc.	3,360		128,184
Altabancorp	3,121		137,823
Amalgamated Financial Corp.	2,860		45,245
Amerant Bancorp, Inc. (A)	3,716		91,934
American National Bankshares, Inc.	2,333		77,082
Ameris Bancorp	11,092		575,453
Arrow Financial Corp.	2,651		91,098
Associated Banc-Corp.	66,311		1,420,382
Atlantic Capital Bancshares, Inc. (A)	3,742		99,126
Atlantic Union Bankshares Corp.	12,587		463,831
Australia & New Zealand Banking Group, Ltd.	472,979		9,498,622
Banc of California, Inc.	8,038		148,623
BancFirst Corp.	2,847		171,162
Banco Bilbao Vizcaya Argentaria SA (A)	1,108,323		7,315,602
Banco Espirito Santo SA (A)	625,609		188
Banco Santander SA (A)	2,882,326		10,440,831
BancorpSouth Bank	46,380		1,381,196
Bank First Corp. (C)	1,100		77,957
Bank Hapoalim BM	188,821		1,658,531
Bank Leumi Le-Israel BM	241,496		2,046,205
Bank of America Corp.	955,413		40,557,282
Bank of Hawaii Corp.	10,990		903,048
Bank of Marin Bancorp	3,010		113,628
Bank OZK	33,081		1,421,821
BankUnited, Inc.	15,202		635,748
Banner Corp.	5,611		309,783
Banque Cantonale Vaudoise	5,007		380,697
Bar Harbor Bankshares	3,156		88,526
Barclays PLC	2,824,612		7,177,275
Berkshire Hills Bancorp, Inc.	8,090		218,268
Blue Ridge Bankshares, Inc. (C)	4,066		71,521
BNP Paribas SA (C)	186,965		11,962,145
BOC Hong Kong Holdings, Ltd.	615,241		1,853,978
Brookline Bancorp, Inc.	13,137		200,471
Bryn Mawr Bank Corp.	3,448		158,436
Business First Bancshares, Inc.	3,662		85,654
Byline Bancorp, Inc.	4,268		104,822
Cadence BanCorp	20,768		456,065
CaixaBank SA	736,903		2,285,153
Cambridge Bancorp	1,128		99,264
Camden National Corp.	2,511		120,277
Capital City Bank Group, Inc.	3,460		85,600
Capstar Financial Holdings, Inc.	3,925		83,367
Carter Bankshares, Inc. (A)	5,480		77,926
Cathay General Bancorp	33,186		1,373,569
CBTX, Inc.	3,044		80,301
Central Pacific Financial Corp.	5,012		128,708
Century Bancorp, Inc., Class A	525		60,501
CIT Group, Inc.	43,382		2,253,695
Citigroup, Inc.	261,497		18,351,859
Citizens & Northern Corp.	3,072		77,599
Citizens Financial Group, Inc.	54,974		2,582,679
City Holding Company	2,215		172,571
Civista Bancshares, Inc.	3,556		82,606
CNB Financial Corp.	3,608		87,819
Coastal Financial Corp. (A)	2,132		67,926
Columbia Banking System, Inc.	11,763		446,876
Comerica, Inc.	17,279		1,390,960
Commerce Bancshares, Inc.	28,860		2,010,965
Commerzbank AG (A)	166,532		1,103,060
Commonwealth Bank of Australia	294,887		21,883,659

Strategic Equity Allocation Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Banks (continued)
Community Bank System, Inc.	8,596	$	588,138
Community Trust Bancorp, Inc.	2,582		108,702
Concordia Financial Group, Ltd.	180,946		712,297
ConnectOne Bancorp, Inc.	6,131		183,991
Credit Agricole SA	193,923		2,665,556
CrossFirst Bankshares, Inc. (A)	8,530		110,890
Cullen/Frost Bankers, Inc.	15,381		1,824,494
Customers Bancorp, Inc. (A)	4,939		212,476
CVB Financial Corp.	20,633		420,294
Danske Bank A/S	114,650		1,931,408
DBS Group Holdings, Ltd.	300,383		6,656,070
Dime Community Bancshares, Inc.	5,701		186,195
DNB Bank ASA (A)	154,619		3,515,214
Eagle Bancorp, Inc.	4,968		285,660
East West Bancorp, Inc.	38,522		2,986,996
Eastern Bankshares, Inc.	28,494		578,428
Enterprise Financial Services Corp.	5,736		259,726
Equity Bancshares, Inc., Class A	2,739		91,428
Erste Group Bank AG	46,436		2,038,966
Farmers National Banc Corp.	5,680		89,233
FB Financial Corp.	5,503		235,969
Fifth Third Bancorp	89,117		3,782,125
Financial Institutions, Inc.	3,119		95,597
FinecoBank Banca Fineco SpA (A)	101,376		1,831,041
First Bancorp (North Carolina)	4,556		195,954
First Bancorp (Puerto Rico)	34,367		451,926
First Busey Corp.	8,143		200,562
First Commonwealth Financial Corp.	15,207		207,271
First Community Bankshares, Inc.	3,153		100,013
First Financial Bancorp	15,505		362,972
First Financial Bankshares, Inc.	56,153		2,580,230
First Financial Corp.	2,171		91,291
First Foundation, Inc.	6,870		180,681
First Horizon Corp.	149,153		2,429,702
First Internet Bancorp	1,968		61,362
First Interstate BancSystem, Inc., Class A	6,486		261,126
First Merchants Corp.	8,865		370,912
First Mid Bancshares, Inc.	2,910		119,485
First Midwest Bancorp, Inc.	18,760		356,628
First Republic Bank	22,747		4,387,441
Flushing Financial Corp.	5,054		114,220
FNB Corp.	86,754		1,008,081
Fulton Financial Corp.	69,610		1,063,641
German American Bancorp, Inc.	3,957		152,859
Glacier Bancorp, Inc.	41,617		2,303,501
Great Southern Bancorp, Inc.	1,649		90,382
Great Western Bancorp, Inc.	9,109		298,229
Guaranty Bancshares, Inc.	1,942		69,621
Hancock Whitney Corp.	37,903		1,785,989
Hang Seng Bank, Ltd.	127,090		2,176,900
Hanmi Financial Corp.	5,989		120,139
HarborOne Bancorp, Inc.	8,823		123,875
Heartland Financial USA, Inc.	6,048		290,788
Heritage Commerce Corp.	11,410		132,698
Heritage Financial Corp.	5,946		151,623
Hilltop Holdings, Inc.	10,197		333,136
Home BancShares, Inc.	66,263		1,559,168
HomeTrust Bancshares, Inc.	3,035		84,919
Hope Bancorp, Inc.	18,936		273,436
Horizon Bancorp, Inc.	7,716		140,200
Howard Bancorp, Inc. (A)	3,066		62,178
HSBC Holdings PLC	3,395,173		17,752,267
Huntington Bancshares, Inc.	190,506		2,945,223
Independent Bank Corp. (Massachusetts)	5,334		406,184

 

243

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Strategic Equity Allocation Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Banks (continued)
Independent Bank Corp. (Michigan)	4,600	$	98,808
Independent Bank Group, Inc.	6,163		437,820
ING Groep NV	648,921		9,434,339
International Bancshares Corp.	23,233		967,422
Intesa Sanpaolo SpA	2,745,233		7,771,711
Investors Bancorp, Inc.	37,126		560,974
Israel Discount Bank, Ltd., Class A (A)	193,480		1,021,348
Japan Post Bank Company, Ltd.	67,300		577,264
JPMorgan Chase & Co.	385,534		63,108,060
KBC Group NV	41,557		3,748,626
KeyCorp	123,391		2,667,713
Lakeland Bancorp, Inc.	8,280		145,976
Lakeland Financial Corp.	3,934		280,258
Live Oak Bancshares, Inc.	5,323		338,702
Lloyds Banking Group PLC	11,795,231		7,341,596
M&T Bank Corp.	16,602		2,479,343
Macatawa Bank Corp.	10,326		82,918
Mediobanca Banca di Credito Finanziario SpA (A)	103,238		1,242,058
Mercantile Bank Corp.	3,120		99,934
Metrocity Bankshares, Inc.	3,509		73,584
Metropolitan Bank Holding Corp. (A)	1,345		113,384
Mid Penn Bancorp, Inc.	3,097		85,322
Midland States Bancorp, Inc.	4,280		105,844
MidWestOne Financial Group, Inc.	3,023		91,174
Mitsubishi UFJ Financial Group, Inc. (C)	2,031,768		12,010,448
Mizrahi Tefahot Bank, Ltd.	23,333		785,854
Mizuho Financial Group, Inc.	400,950		5,672,304
MVB Financial Corp.	1,886		80,777
National Australia Bank, Ltd.	548,299		10,813,015
National Bank Holdings Corp., Class A	4,678		189,365
NatWest Group PLC	962,130		2,900,684
NBT Bancorp, Inc.	6,746		243,666
Nicolet Bankshares, Inc. (A)	1,825		135,379
Nordea Bank ABP	538,539		6,939,761
Northrim BanCorp, Inc.	2,094		89,016
OceanFirst Financial Corp.	9,987		213,822
OFG Bancorp	8,403		211,924
Old National Bancorp	26,180		443,751
Old Second Bancorp, Inc.	7,245		94,620
Origin Bancorp, Inc.	3,774		159,829
Orrstown Financial Services, Inc.	3,353		78,460
Oversea-Chinese Banking Corp., Ltd.	558,924		4,706,548
Pacific Premier Bancorp, Inc.	15,662		649,033
PacWest Bancorp	31,826		1,442,354
Park National Corp.	2,293		279,631
Peapack-Gladstone Financial Corp.	3,279		109,387
Peoples Bancorp, Inc.	4,684		148,061
Peoples Financial Services Corp.	1,709		77,879
People's United Financial, Inc.	55,216		964,624
Pinnacle Financial Partners, Inc.	20,665		1,944,163
Preferred Bank	2,282		152,164
Primis Financial Corp.	5,636		81,497
Prosperity Bancshares, Inc.	25,232		1,794,752
QCR Holdings, Inc.	2,604		133,950
Raiffeisen Bank International AG	24,604		643,505
RBB Bancorp	2,891		72,882
Red River Bancshares, Inc.	1,171		58,374
Regions Financial Corp.	123,156		2,624,454
Reliant Bancorp, Inc.	3,019		95,370
Renasant Corp.	9,128		329,064
Republic Bancorp, Inc., Class A	1,459		73,898
Resona Holdings, Inc.	354,946		1,419,788
S&T Bancorp, Inc.	6,196		182,596
Sandy Spring Bancorp, Inc.	7,381		338,197

Strategic Equity Allocation Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Banks (continued)
Seacoast Banking Corp. of Florida	9,009	$	304,594
ServisFirst Bancshares, Inc.	8,240		641,072
Sierra Bancorp	3,470		84,252
Signature Bank	16,464		4,482,818
Silvergate Capital Corp., Class A (A)	4,118		475,629
Simmons First National Corp., Class A	17,539		518,453
Skandinaviska Enskilda Banken AB, A Shares	270,522		3,812,555
SmartFinancial, Inc.	3,142		81,221
Societe Generale SA	134,754		4,219,800
South Plains Financial, Inc.	2,108		51,393
Southern First Bancshares, Inc. (A)	1,691		90,469
Southside Bancshares, Inc.	4,880		186,855
SouthState Corp.	11,587		865,201
Spirit of Texas Bancshares, Inc.	3,189		77,174
Standard Chartered PLC	440,672		2,576,071
Sterling Bancorp	52,320		1,305,907
Stock Yards Bancorp, Inc.	3,964		232,489
Sumitomo Mitsui Financial Group, Inc.	216,958		7,632,445
Sumitomo Mitsui Trust Holdings, Inc.	56,183		1,934,944
SVB Financial Group (A)	7,569		4,896,235
Svenska Handelsbanken AB, A Shares	242,442		2,715,205
Swedbank AB, A Shares	150,527		3,035,328
Synovus Financial Corp.	39,763		1,745,198
Texas Capital Bancshares, Inc. (A)	22,126		1,328,003
The Bancorp, Inc. (A)	8,936		227,421
The Bank of NT Butterfield & Son, Ltd.	8,182		290,543
The Chiba Bank, Ltd.	88,064		570,673
The First Bancshares, Inc.	3,531		136,932
The First of Long Island Corp.	4,534		93,400
The PNC Financial Services Group, Inc.	54,833		10,727,528
The Shizuoka Bank, Ltd. (C)	74,208		609,707
Tompkins Financial Corp.	2,245		181,643
Towne Bank	10,561		328,553
TriCo Bancshares	4,486		194,692
TriState Capital Holdings, Inc. (A)	5,490		116,114
Triumph Bancorp, Inc. (A)	3,896		390,106
Truist Financial Corp.	172,221		10,100,762
Trustmark Corp.	10,090		325,100
U.S. Bancorp	174,073		10,346,899
UMB Financial Corp.	18,804		1,818,535
Umpqua Holdings Corp.	59,770		1,210,343
UniCredit SpA	354,273		4,688,335
United Bankshares, Inc.	55,614		2,023,237
United Community Banks, Inc.	14,285		468,834
United Overseas Bank, Ltd.	195,939		3,706,692
Univest Financial Corp.	4,966		136,019
Valley National Bancorp	177,236		2,359,011
Veritex Holdings, Inc.	7,943		312,636
Washington Trust Bancorp, Inc.	2,944		155,973
Webster Financial Corp.	24,597		1,339,553
Wells Fargo & Company	529,812		24,588,575
WesBanco, Inc.	10,384		353,887
West BanCorp, Inc.	3,265		98,048
Westamerica BanCorp	4,260		239,668
Westpac Banking Corp.	609,784		11,277,031
Wintrust Financial Corp.	15,488		1,244,771
Zions Bancorp NA	20,910		1,294,120
			533,303,730
Capital markets – 2.7%
3i Group PLC	161,759		2,778,491
abrdn PLC	362,480		1,239,666
Affiliated Managers Group, Inc.	11,188		1,690,395
Ameriprise Financial, Inc.	14,676		3,876,225
Amundi SA (B)	10,102		849,648

 

244

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Strategic Equity Allocation Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Capital markets (continued)
Artisan Partners Asset Management, Inc., Class A	9,872	$	482,938
AssetMark Financial Holdings, Inc. (A)	3,204		79,683
ASX, Ltd.	32,179		1,857,877
B. Riley Financial, Inc.	3,430		202,507
BGC Partners, Inc., Class A	56,225		292,932
BlackRock, Inc.	18,458		15,479,986
Blucora, Inc. (A)	8,757		136,522
Brightsphere Investment Group, Inc.	9,670		252,677
Cboe Global Markets, Inc.	13,757		1,703,942
CME Group, Inc.	46,336		8,960,456
Cohen & Steers, Inc.	4,111		344,378
Cowen, Inc., Class A	4,718		161,875
Credit Suisse Group AG	423,982		4,187,357
Daiwa Securities Group, Inc.	240,108		1,399,527
Deutsche Bank AG (A)	343,536		4,365,567
Deutsche Boerse AG	31,581		5,124,541
Diamond Hill Investment Group, Inc.	580		101,883
Donnelley Financial Solutions, Inc. (A)	5,042		174,554
Ellington Financial, Inc.	7,939		145,204
EQT AB	39,601		1,644,379
Evercore, Inc., Class A	10,768		1,439,359
FactSet Research Systems, Inc.	10,258		4,049,653
Federated Hermes, Inc.	42,314		1,375,205
Focus Financial Partners, Inc., Class A (A)	10,037		525,638
Franklin Resources, Inc.	36,332		1,079,787
Futu Holdings, Ltd., ADR (A)	8,500		773,670
GCM Grosvenor, Inc., Class A	8,142		93,796
Hamilton Lane, Inc., Class A	5,745		487,291
Hargreaves Lansdown PLC	59,130		1,135,333
Hong Kong Exchanges & Clearing, Ltd.	200,171		12,300,609
Houlihan Lokey, Inc.	8,474		780,455
Interactive Brokers Group, Inc., Class A	23,716		1,478,455
Intercontinental Exchange, Inc.	72,659		8,342,706
Invesco, Ltd.	44,051		1,062,070
Janus Henderson Group PLC	46,796		1,934,079
Japan Exchange Group, Inc.	84,700		2,100,559
Jefferies Financial Group, Inc.	53,660		1,992,396
Julius Baer Group, Ltd.	37,201		2,471,623
London Stock Exchange Group PLC	54,675		5,478,881
Macquarie Group, Ltd.	57,134		7,381,498
Magellan Financial Group, Ltd.	22,913		575,133
MarketAxess Holdings, Inc.	4,903		2,062,643
Moelis & Company, Class A	10,220		632,311
Moody's Corp.	20,901		7,422,154
Morgan Stanley	188,325		18,325,906
MSCI, Inc.	10,637		6,470,913
Nasdaq, Inc.	15,101		2,914,795
Nomura Holdings, Inc.	510,613		2,517,272
Northern Trust Corp.	26,887		2,898,687
Open Lending Corp., Class A (A)	17,538		632,596
Oppenheimer Holdings, Inc., Class A	1,594		72,192
Partners Group Holding AG	3,772		5,886,726
Piper Sandler Companies	2,892		400,426
PJT Partners, Inc., Class A	3,970		314,067
Raymond James Financial, Inc.	23,895		2,205,031
S&P Global, Inc.	31,094		13,211,530
SBI Holdings, Inc.	40,690		996,596
Schroders PLC	20,663		995,126
Sculptor Capital Management, Inc.	3,994		111,393
SEI Investments Company	29,112		1,726,342
Singapore Exchange, Ltd.	133,548		977,687
St. James's Place PLC	89,630		1,808,043
State Street Corp.	44,319		3,754,706

Strategic Equity Allocation Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Capital markets (continued)
StepStone Group, Inc., Class A	6,856	$	292,340
Stifel Financial Corp.	28,452		1,933,598
StoneX Group, Inc. (A)	2,736		180,302
T. Rowe Price Group, Inc.	29,280		5,759,376
The Bank of New York Mellon Corp.	102,458		5,311,423
The Charles Schwab Corp.	193,690		14,108,380
The Goldman Sachs Group, Inc.	43,492		16,441,281
UBS Group AG	609,373		9,726,576
Virtus Investment Partners, Inc.	1,203		373,315
WisdomTree Investments, Inc.	24,213		137,288
			244,992,427
Consumer finance – 0.5%
Acom Company, Ltd.	66,310		242,307
American Express Company	83,024		13,909,011
Atlanticus Holdings Corp. (A)	933		49,505
Capital One Financial Corp.	57,558		9,322,669
Curo Group Holdings Corp.	4,108		71,192
Discover Financial Services	38,638		4,746,678
Encore Capital Group, Inc. (A)	5,017		247,188
Enova International, Inc. (A)	6,064		209,511
EZCORP, Inc., Class A (A)	9,448		71,521
FirstCash, Inc.	17,629		1,542,538
Green Dot Corp., Class A (A)	9,013		453,624
LendingClub Corp. (A)	16,484		465,508
LendingTree, Inc. (A)	5,105		713,832
Navient Corp.	73,036		1,441,000
Nelnet, Inc., Class A	2,692		213,314
Oportun Financial Corp. (A)	3,578		89,557
PRA Group, Inc. (A)	7,679		323,593
PROG Holdings, Inc. (A)	29,204		1,226,860
Regional Management Corp.	1,431		83,256
SLM Corp.	83,032		1,461,363
Synchrony Financial	73,503		3,592,827
World Acceptance Corp. (A)	729		138,204
			40,615,058
Diversified financial services – 1.0%
Alerus Financial Corp.	2,712		81,035
A-Mark Precious Metals, Inc.	1,457		87,449
Banco Latinoamericano de Comercio Exterior SA, Class E	5,285		92,699
Berkshire Hathaway, Inc., Class B (A)	239,162		65,276,876
Cannae Holdings, Inc. (A)	14,076		437,904
E2open Parent Holdings, Inc. (A)	27,324		308,761
Eurazeo SE	6,583		616,843
EXOR NV	18,026		1,512,692
Groupe Bruxelles Lambert SA	18,775		2,065,167
Industrivarden AB, A Shares	17,759		567,342
Industrivarden AB, C Shares	26,545		820,126
Investor AB, B Shares	302,838		6,512,340
Kinnevik AB, B Shares (A)	40,210		1,413,552
L.E. Lundbergforetagen AB, B Shares	12,633		693,276
M&G PLC	432,154		1,180,734
Mitsubishi HC Capital, Inc.	109,696		573,588
NewStar Financial, Inc. (A)(D)	6,344		645
ORIX Corp.	202,983		3,798,120
Sofina SA	2,562		1,017,989
Tokyo Century Corp. (C)	6,100		343,427
Wendel SE	4,460		616,258
			88,016,823
Insurance – 2.9%
Admiral Group PLC	32,091		1,340,874
Aegon NV	297,429		1,535,283
Aflac, Inc.	79,616		4,150,382
Ageas SA/NV	29,105		1,441,292

 

245

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Strategic Equity Allocation Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Insurance (continued)
AIA Group, Ltd.	2,010,735	$	23,132,300
Alleghany Corp. (A)	3,766		2,351,528
Allianz SE	68,530		15,353,842
Ambac Financial Group, Inc. (A)	8,393		120,188
American Equity Investment Life Holding Company	13,284		392,808
American Financial Group, Inc.	17,948		2,258,397
American International Group, Inc.	110,339		6,056,508
American National Group, Inc.	1,200		226,836
AMERISAFE, Inc.	3,421		192,123
Aon PLC, Class A	29,126		8,323,337
Argo Group International Holdings, Ltd.	5,426		283,346
Arthur J. Gallagher & Company	26,675		3,965,239
Assicurazioni Generali SpA	183,961		3,896,144
Assurant, Inc.	7,588		1,197,007
Aviva PLC	653,126		3,461,487
AXA SA	321,673		8,914,603
Baloise Holding AG	7,706		1,168,921
Bright Health Group, Inc. (A)(C)	9,310		75,970
Brighthouse Financial, Inc. (A)	22,566		1,020,660
Brown & Brown, Inc.	30,156		1,672,150
BRP Group, Inc., Class A (A)	7,993		266,087
Chubb, Ltd.	56,607		9,820,182
Cincinnati Financial Corp.	19,340		2,209,015
Citizens, Inc. (A)(C)	11,135		69,148
CNO Financial Group, Inc.	55,734		1,311,978
CNP Assurances	28,533		450,340
Dai-ichi Life Holdings, Inc.	169,337		3,703,579
Direct Line Insurance Group PLC	224,533		873,903
Donegal Group, Inc., Class A	3,971		57,540
eHealth, Inc. (A)	4,258		172,449
Employers Holdings, Inc.	4,742		187,262
Enstar Group, Ltd. (A)	2,014		472,746
Everest Re Group, Ltd.	5,144		1,290,012
First American Financial Corp.	29,845		2,001,107
Genworth Financial, Inc., Class A (A)	83,635		313,631
Gjensidige Forsikring ASA	33,244		736,293
Globe Life, Inc.	12,074		1,074,948
Goosehead Insurance, Inc., Class A	2,984		454,433
Greenlight Capital Re, Ltd., Class A (A)	7,375		54,501
Hannover Rueck SE	10,023		1,745,416
HCI Group, Inc.	966		107,004
Horace Mann Educators Corp.	6,973		277,456
Independence Holding Company	101		5,009
Insurance Australia Group, Ltd.	409,746		1,430,943
Investors Title Company	125		22,825
Jackson Financial, Inc., Class A (A)	10,869		282,594
James River Group Holdings, Ltd.	6,344		239,359
Japan Post Holdings Company, Ltd. (A)	261,800		2,200,605
Japan Post Insurance Company, Ltd.	37,400		678,365
Kemper Corp.	16,239		1,084,603
Kinsale Capital Group, Inc.	9,444		1,527,095
Legal & General Group PLC	991,929		3,726,762
Lincoln National Corp.	22,791		1,566,881
Loews Corp.	26,223		1,414,206
Marsh & McLennan Companies, Inc.	65,365		9,898,222
MBIA, Inc. (A)	9,100		116,935
Medibank Private, Ltd.	457,766		1,168,776
Mercury General Corp.	7,216		401,715
MetLife, Inc.	93,974		5,801,015
MS&AD Insurance Group Holdings, Inc.	73,951		2,473,418
Muenchener Rueckversicherungs-Gesellschaft AG	23,287		6,354,306
National Western Life Group, Inc., Class A	436		91,817

Strategic Equity Allocation Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Insurance (continued)
NN Group NV	44,912	$	2,352,591
Old Republic International Corp.	77,202		1,785,682
Palomar Holdings, Inc. (A)	4,185		338,274
Phoenix Group Holdings PLC	107,962		933,355
Poste Italiane SpA (B)	86,840		1,192,477
Primerica, Inc.	10,717		1,646,453
Principal Financial Group, Inc.	32,205		2,074,002
ProAssurance Corp.	9,192		218,586
Prudential Financial, Inc.	49,905		5,250,006
Prudential PLC	434,762		8,436,735
QBE Insurance Group, Ltd.	245,200		2,020,005
Reinsurance Group of America, Inc.	18,462		2,054,082
RenaissanceRe Holdings, Ltd.	12,790		1,782,926
RLI Corp.	17,453		1,750,012
Safety Insurance Group, Inc.	2,477		196,302
Sampo OYJ, A Shares	82,898		4,098,544
SCOR SE	26,382		759,693
Selective Insurance Group, Inc.	26,196		1,978,584
Selectquote, Inc. (A)	23,014		297,571
SiriusPoint, Ltd. (A)	15,572		144,197
Sompo Holdings, Inc.	52,791		2,290,338
State Auto Financial Corp.	3,010		153,360
Stewart Information Services Corp.	4,389		277,648
Suncorp Group, Ltd.	213,253		1,896,243
Swiss Life Holding AG	5,321		2,681,080
Swiss Re AG	50,135		4,279,030
T&D Holdings, Inc.	89,425		1,226,722
The Allstate Corp.	38,149		4,856,749
The Hanover Insurance Group, Inc.	9,694		1,256,536
The Hartford Financial Services Group, Inc.	44,794		3,146,779
The Progressive Corp.	75,498		6,824,264
The Travelers Companies, Inc.	32,190		4,893,202
Tiptree, Inc.	4,340		43,487
Tokio Marine Holdings, Inc.	104,385		5,595,558
Trupanion, Inc. (A)	6,451		501,049
Tryg A/S	59,849		1,356,707
United Fire Group, Inc.	4,009		92,608
Universal Insurance Holdings, Inc.	5,967		77,810
Unum Group	55,496		1,390,730
W.R. Berkley Corp.	18,095		1,324,192
Willis Towers Watson PLC	16,649		3,870,227
Zurich Insurance Group AG	25,009		10,226,685
			258,236,787
Mortgage real estate investment trusts – 0.1%
AFC Gamma, Inc.	2,135		46,073
Apollo Commercial Real Estate Finance, Inc.	23,327		345,939
Arbor Realty Trust, Inc.	22,683		420,316
Ares Commercial Real Estate Corp.	7,715		116,342
ARMOUR Residential REIT, Inc.	13,567		146,252
Blackstone Mortgage Trust, Inc., Class A	24,130		731,622
BrightSpire Capital, Inc.	15,108		141,864
Broadmark Realty Capital, Inc.	20,742		204,516
Capstead Mortgage Corp.	17,043		114,018
Chimera Investment Corp.	38,787		575,987
Dynex Capital, Inc.	5,815		100,483
Granite Point Mortgage Trust, Inc.	9,585		126,234
Great Ajax Corp.	4,706		63,484
Hannon Armstrong Sustainable Infrastructure Capital, Inc.	12,809		685,025
Invesco Mortgage Capital, Inc.	50,697		159,696
KKR Real Estate Finance Trust, Inc.	4,800		101,280
Ladder Capital Corp.	19,275		212,989
MFA Financial, Inc.	73,598		336,343

 

246

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Strategic Equity Allocation Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Mortgage real estate investment trusts (continued)
New York Mortgage Trust, Inc.	64,113	$	273,121
Orchid Island Capital, Inc.	22,227		108,690
PennyMac Mortgage Investment Trust	16,184		318,663
Ready Capital Corp.	9,956		143,665
Redwood Trust, Inc.	18,837		242,809
TPG RE Finance Trust, Inc.	10,158		125,756
Two Harbors Investment Corp.	52,507		332,894
			6,174,061
Thrifts and mortgage finance – 0.1%
Axos Financial, Inc. (A)	9,421		485,558
Blue Foundry Bancorp (A)	6,401		88,270
Bridgewater Bancshares, Inc. (A)	4,770		83,523
Capitol Federal Financial, Inc.	19,721		226,594
Columbia Financial, Inc. (A)	5,785		107,023
Essent Group, Ltd.	48,835		2,149,228
Federal Agricultural Mortgage Corp., Class C	1,500		162,780
Flagstar Bancorp, Inc.	8,306		421,779
FS Bancorp, Inc.	1,853		64,132
Home Bancorp, Inc.	2,197		84,980
HomeStreet, Inc.	3,456		142,214
Kearny Financial Corp.	12,211		151,783
Merchants Bancorp	1,574		62,126
Meridian Bancorp, Inc.	7,961		165,270
Meta Financial Group, Inc.	5,310		278,669
MGIC Investment Corp.	92,131		1,378,280
Mr. Cooper Group, Inc. (A)	11,854		488,029
New York Community Bancorp, Inc.	126,264		1,625,018
NMI Holdings, Inc., Class A (A)	14,267		322,577
Northfield Bancorp, Inc.	7,687		131,909
Northwest Bancshares, Inc.	19,985		265,401
PCSB Financial Corp.	3,732		68,818
PennyMac Financial Services, Inc.	5,391		329,552
Premier Financial Corp.	6,431		204,763
Provident Bancorp, Inc.	4,334		69,431
Provident Financial Services, Inc.	12,280		288,212
Radian Group, Inc.	30,971		703,661
Southern Missouri Bancorp, Inc.	1,583		71,061
The Hingham Institution for Savings	250		84,175
TrustCo Bank Corp. NY	3,866		123,596
Walker & Dunlop, Inc.	4,866		552,291
Washington Federal, Inc.	29,166		1,000,685
Waterstone Financial, Inc.	4,242		86,919
WSFS Financial Corp.	7,735		396,883
			12,865,190
			1,184,204,076
Health care – 12.7%
Biotechnology – 1.9%
4D Molecular Therapeutics, Inc. (A)	3,692		99,573
AbbVie, Inc.	228,002		24,594,576
ACADIA Pharmaceuticals, Inc. (A)	20,567		341,618
Achillion Pharmaceuticals, Inc. (A)(D)	23,194		34,879
Adagio Therapeutics, Inc. (A)	3,685		155,654
Aduro Biotech, Inc. (A)(D)	2,435		7,305
Aeglea BioTherapeutics, Inc. (A)	8,650		68,768
Affimed NV (A)	20,225		124,991
Agenus, Inc. (A)	35,358		185,630
Agios Pharmaceuticals, Inc. (A)	10,008		461,869
Akebia Therapeutics, Inc. (A)	33,098		95,322
Akero Therapeutics, Inc. (A)	4,767		106,542
Akouos, Inc. (A)	5,120		59,443
Albireo Pharma, Inc. (A)	3,208		100,090
Alder Biopharmaceuticals, Inc. (A)(D)	13,115		19,068
Aldeyra Therapeutics, Inc. (A)	9,195		80,732

Strategic Equity Allocation Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Biotechnology (continued)
Alector, Inc. (A)	10,007	$	228,360
Aligos Therapeutics, Inc. (A)	4,000		62,040
Alkermes PLC (A)	26,968		831,693
Allakos, Inc. (A)	5,903		624,951
Allogene Therapeutics, Inc. (A)	11,633		298,968
Allovir, Inc. (A)	5,377		134,748
Altimmune, Inc. (A)	7,073		79,996
ALX Oncology Holdings, Inc. (A)	3,066		226,455
Amgen, Inc.	73,265		15,579,802
Amicus Therapeutics, Inc. (A)	44,785		427,697
AnaptysBio, Inc. (A)	3,407		92,398
Anavex Life Sciences Corp. (A)(C)	10,902		195,691
Anika Therapeutics, Inc. (A)	2,631		111,975
Annexon, Inc. (A)	5,710		106,263
Apellis Pharmaceuticals, Inc. (A)	11,036		363,747
Applied Molecular Transport, Inc. (A)(C)	4,373		113,130
Applied Therapeutics, Inc. (A)	3,659		60,739
Arbutus Biopharma Corp. (A)	16,366		70,210
Arcturus Therapeutics Holdings, Inc. (A)	3,662		174,970
Arcus Biosciences, Inc. (A)	7,724		269,336
Arcutis Biotherapeutics, Inc. (A)	4,931		117,802
Arena Pharmaceuticals, Inc. (A)	10,368		617,414
Argenx SE (A)	7,620		2,302,633
Arrowhead Pharmaceuticals, Inc. (A)	45,353		2,831,388
Atara Biotherapeutics, Inc. (A)	14,514		259,801
Athenex, Inc. (A)	17,526		52,753
Athersys, Inc. (A)(C)	44,149		58,718
Atossa Therapeutics, Inc. (A)(C)	21,617		70,471
Avid Bioservices, Inc. (A)	10,318		222,559
Avidity Biosciences, Inc. (A)	6,685		164,652
Avita Medical, Inc. (A)(C)	4,764		84,418
Avrobio, Inc. (A)	8,115		45,282
Beam Therapeutics, Inc. (A)	8,369		728,187
Beyondspring, Inc. (A)(C)	4,104		64,679
BioAtla, Inc. (A)	2,812		82,785
BioCryst Pharmaceuticals, Inc. (A)	30,045		431,747
Biogen, Inc. (A)	19,228		5,441,332
Biohaven Pharmaceutical Holding Company, Ltd. (A)	9,358		1,299,920
Bioxcel Therapeutics, Inc. (A)	3,104		94,206
Bluebird Bio, Inc. (A)	11,857		226,587
Blueprint Medicines Corp. (A)	9,826		1,010,211
Bolt Biotherapeutics, Inc. (A)	3,491		44,161
Bridgebio Pharma, Inc. (A)	18,106		848,628
Brooklyn ImmunoTherapeutics, Inc. (A)(C)	5,482		50,983
C4 Therapeutics, Inc. (A)	6,566		293,369
Cardiff Oncology, Inc. (A)(C)	7,745		51,582
CareDx, Inc. (A)	8,540		541,180
Caribou Biosciences, Inc. (A)	3,327		79,415
Catalyst Pharmaceuticals, Inc. (A)	17,717		93,900
Celldex Therapeutics, Inc. (A)	7,754		418,638
CEL-SCI Corp. (A)(C)	6,508		71,523
Century Therapeutics, Inc. (A)	2,219		55,830
Cerevel Therapeutics Holdings, Inc. (A)	6,839		201,751
ChemoCentryx, Inc. (A)	9,382		160,432
Chimerix, Inc. (A)	13,650		84,494
Chinook Therapeutics, Inc. (A)	6,311		80,528
Clovis Oncology, Inc. (A)(C)	20,138		89,815
Codiak Biosciences, Inc. (A)	3,136		51,211
Cogent Biosciences, Inc. (A)	7,046		59,257
Coherus Biosciences, Inc. (A)	11,121		178,714
Cortexyme, Inc. (A)	3,371		308,986
Crinetics Pharmaceuticals, Inc. (A)	6,691		140,846
CSL, Ltd.	75,649		15,805,430

 

247

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Strategic Equity Allocation Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Biotechnology (continued)
Cue Biopharma, Inc. (A)	5,987	$	87,231
Cullinan Oncology, Inc. (A)(C)	4,570		103,145
Curis, Inc. (A)	14,952		117,074
Cytokinetics, Inc. (A)	13,429		479,952
CytomX Therapeutics, Inc. (A)	13,021		66,277
Deciphera Pharmaceuticals, Inc. (A)	6,895		234,292
Denali Therapeutics, Inc. (A)	15,327		773,247
DermTech, Inc. (A)(C)	4,174		134,027
Design Therapeutics, Inc. (A)	2,779		40,824
Dicerna Pharmaceuticals, Inc. (A)	11,941		240,731
Dynavax Technologies Corp. (A)	18,269		350,947
Dyne Therapeutics, Inc. (A)	5,607		91,058
Eagle Pharmaceuticals, Inc. (A)	2,061		114,963
Editas Medicine, Inc. (A)	11,482		471,681
Eiger BioPharmaceuticals, Inc. (A)	7,690		51,369
Emergent BioSolutions, Inc. (A)	21,229		1,062,936
Enanta Pharmaceuticals, Inc. (A)	3,276		186,110
Epizyme, Inc. (A)	17,043		87,260
Erasca, Inc. (A)	3,740		79,363
Evelo Biosciences, Inc. (A)(C)	6,129		43,148
Exelixis, Inc. (A)	85,541		1,808,337
Fate Therapeutics, Inc. (A)	13,664		809,865
FibroGen, Inc. (A)	15,095		154,271
Flexion Therapeutics, Inc. (A)	9,760		59,536
Foghorn Therapeutics, Inc. (A)	2,374		33,070
Forma Therapeutics Holdings, Inc. (A)(C)	6,051		140,323
Fortress Biotech, Inc. (A)	15,632		50,335
G1 Therapeutics, Inc. (A)(C)	7,095		95,215
Generation Bio Company (A)	7,710		193,290
Genmab A/S (A)	10,907		4,765,504
Geron Corp. (A)(C)	61,314		84,000
Gilead Sciences, Inc.	161,767		11,299,425
Global Blood Therapeutics, Inc. (A)	10,357		263,896
Gossamer Bio, Inc. (A)	11,403		143,336
Graphite Bio, Inc. (A)(C)	3,031		49,678
Grifols SA	49,581		1,209,510
Gritstone bio, Inc. (A)	7,196		77,717
Halozyme Therapeutics, Inc. (A)	62,322		2,535,259
Heron Therapeutics, Inc. (A)	16,350		174,782
Homology Medicines, Inc. (A)	8,526		67,100
Humanigen, Inc. (A)(C)	8,493		50,363
iBio, Inc. (A)(C)	48,290		51,187
Icosavax, Inc. (A)	2,339		69,211
Ideaya Biosciences, Inc. (A)	5,653		144,095
IGM Biosciences, Inc. (A)	1,362		89,565
ImmunityBio, Inc. (A)	11,905		115,955
ImmunoGen, Inc. (A)	34,543		195,859
Immunovant, Inc. (A)	7,609		66,122
Incyte Corp. (A)	24,218		1,665,714
Infinity Pharmaceuticals, Inc. (A)	16,691		57,083
Inhibrx, Inc. (A)	4,897		163,119
Inovio Pharmaceuticals, Inc. (A)(C)	35,334		252,991
Insmed, Inc. (A)	19,488		536,700
Instil Bio, Inc. (A)	3,357		60,006
Intellia Therapeutics, Inc. (A)	11,562		1,551,042
Intercept Pharmaceuticals, Inc. (A)(C)	5,406		80,279
Invitae Corp. (A)(C)	33,731		958,972
Ironwood Pharmaceuticals, Inc. (A)	24,641		321,811
iTeos Therapeutics, Inc. (A)	3,646		98,442
IVERIC bio, Inc. (A)	17,746		288,195
Janux Therapeutics, Inc. (A)(C)	2,423		52,409
Jounce Therapeutics, Inc. (A)	6,561		48,748
Kadmon Holdings, Inc. (A)	29,834		259,854
KalVista Pharmaceuticals, Inc. (A)	3,810		66,485

Strategic Equity Allocation Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Biotechnology (continued)
Karuna Therapeutics, Inc. (A)	3,736	$	457,025
Karyopharm Therapeutics, Inc. (A)(C)	13,656		79,478
Keros Therapeutics, Inc. (A)	2,898		114,645
Kezar Life Sciences, Inc. (A)	4,302		37,169
Kiniksa Pharmaceuticals, Ltd., Class A (A)	5,863		66,780
Kinnate Biopharma, Inc. (A)	4,671		107,526
Kodiak Sciences, Inc. (A)	5,654		542,671
Kronos Bio, Inc. (A)	6,807		142,675
Krystal Biotech, Inc. (A)	3,113		162,530
Kura Oncology, Inc. (A)	11,133		208,521
Kymera Therapeutics, Inc. (A)	5,823		342,043
Lexicon Pharmaceuticals, Inc. (A)	12,620		60,702
Ligand Pharmaceuticals, Inc. (A)	2,575		358,749
Lineage Cell Therapeutics, Inc. (A)(C)	25,546		64,376
Lyell Immunopharma, Inc. (A)	4,537		67,148
MacroGenics, Inc. (A)	10,319		216,080
Madrigal Pharmaceuticals, Inc. (A)	1,979		157,904
MannKind Corp. (A)(C)	42,347		184,209
MEI Pharma, Inc. (A)	23,118		63,806
MeiraGTx Holdings PLC (A)	6,132		80,820
Mersana Therapeutics, Inc. (A)	12,815		120,845
MiMedx Group, Inc. (A)(C)	19,331		117,146
Moderna, Inc. (A)	45,308		17,437,237
Monte Rosa Therapeutics, Inc. (A)	2,062		45,941
Morphic Holding, Inc. (A)	3,502		198,353
Myriad Genetics, Inc. (A)	13,161		424,969
Neoleukin Therapeutics, Inc. (A)	7,267		52,540
Neurocrine Biosciences, Inc. (A)	25,698		2,464,695
NexImmune, Inc. (A)(C)	3,534		53,505
Nkarta, Inc. (A)	2,540		70,637
Nurix Therapeutics, Inc. (A)	5,428		162,623
Nuvalent, Inc., Class A (A)	1,869		42,146
Ocugen, Inc. (A)(C)	31,870		228,827
Olema Pharmaceuticals, Inc. (A)	4,459		122,890
Oncocyte Corp. (A)	11,511		40,979
OPKO Health, Inc. (A)(C)	68,164		248,799
Organogenesis Holdings, Inc. (A)	6,613		94,169
ORIC Pharmaceuticals, Inc. (A)	5,585		116,782
Passage Bio, Inc. (A)	7,026		69,979
PDL BioPharma, Inc. (A)(D)	23,030		41,684
PeptiDream, Inc. (A)	15,900		519,043
Pfenex, Inc. (A)(D)	6,194		6,790
PMV Pharmaceuticals, Inc. (A)	4,755		141,699
Praxis Precision Medicines, Inc. (A)	5,787		107,002
Precigen, Inc. (A)(C)	17,347		86,562
Precision BioSciences, Inc. (A)	8,754		101,021
Prelude Therapeutics, Inc. (A)(C)	1,976		61,750
Progenics Pharmaceuticals, Inc. (A)(D)	15,140		646
Prometheus Biosciences, Inc. (A)	1,597		37,865
Protagonist Therapeutics, Inc. (A)	7,639		135,363
Prothena Corp. PLC (A)	5,899		420,186
PTC Therapeutics, Inc. (A)	11,778		438,259
Radius Health, Inc. (A)	8,525		105,795
RAPT Therapeutics, Inc. (A)	3,652		113,395
Recursion Pharmaceuticals, Inc., Class A (A)(C)	4,862		111,875
Regeneron Pharmaceuticals, Inc. (A)	13,561		8,206,846
REGENXBIO, Inc. (A)	6,803		285,182
Relay Therapeutics, Inc. (A)	10,310		325,074
Replimune Group, Inc. (A)	5,190		153,832
REVOLUTION Medicines, Inc. (A)	10,170		279,777
Rhythm Pharmaceuticals, Inc. (A)	8,162		106,596
Rigel Pharmaceuticals, Inc. (A)	31,224		113,343
Rocket Pharmaceuticals, Inc. (A)	7,052		210,784

 

248

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Strategic Equity Allocation Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Biotechnology (continued)
Rubius Therapeutics, Inc. (A)	7,950	$	142,146
Sana Biotechnology, Inc. (A)	14,664		330,233
Sangamo Therapeutics, Inc. (A)	20,792		187,336
Scholar Rock Holding Corp. (A)	4,669		154,170
Selecta Biosciences, Inc. (A)	16,541		68,811
Sensei Biotherapeutics, Inc. (A)	4,422		46,519
Seres Therapeutics, Inc. (A)	12,734		88,629
Shattuck Labs, Inc. (A)	4,875		99,353
Silverback Therapeutics, Inc. (A)(C)	3,975		39,671
Sorrento Therapeutics, Inc. (A)(C)	47,199		360,128
Spectrum Pharmaceuticals, Inc. (A)	31,926		69,599
Spero Therapeutics, Inc. (A)	4,515		83,121
SpringWorks Therapeutics, Inc. (A)	4,952		314,155
SQZ Biotechnologies Company (A)	4,649		67,039
Stoke Therapeutics, Inc. (A)	3,410		86,750
Surface Oncology, Inc. (A)	7,027		53,194
Sutro Biopharma, Inc. (A)	7,631		144,150
Syndax Pharmaceuticals, Inc. (A)	8,022		153,300
Syros Pharmaceuticals, Inc. (A)	11,795		52,724
Taysha Gene Therapies, Inc. (A)(C)	4,225		78,670
TCR2 Therapeutics, Inc. (A)	6,126		52,132
Tenaya Therapeutics, Inc. (A)	2,842		58,687
TG Therapeutics, Inc. (A)	21,637		720,079
Tonix Pharmaceuticals Holding Corp. (A)(C)	77,647		46,674
Travere Therapeutics, Inc. (A)	10,012		242,791
Trillium Therapeutics, Inc. (A)	16,872		296,272
Turning Point Therapeutics, Inc. (A)	7,774		516,427
Twist Bioscience Corp. (A)	7,926		847,844
United Therapeutics Corp. (A)	12,189		2,249,846
UroGen Pharma, Ltd. (A)(C)	4,148		69,769
Vanda Pharmaceuticals, Inc. (A)	9,191		157,534
Vaxart, Inc. (A)(C)	20,457		162,633
Vaxcyte, Inc. (A)	7,158		181,598
VBI Vaccines, Inc. (A)(C)	34,168		106,262
Veracyte, Inc. (A)	11,350		527,208
Verastem, Inc. (A)	31,767		97,842
Vericel Corp. (A)	7,854		383,275
Vertex Pharmaceuticals, Inc. (A)	33,472		6,071,486
Verve Therapeutics, Inc. (A)(C)	2,742		128,874
Viking Therapeutics, Inc. (A)	12,873		80,842
Vir Biotechnology, Inc. (A)	10,061		437,855
Viracta Therapeutics, Inc. (A)	7,170		57,503
VistaGen Therapeutics, Inc. (A)	36,198		99,183
Vor BioPharma, Inc. (A)	2,676		41,960
XBiotech, Inc.	3,068		39,731
Xencor, Inc. (A)	9,636		314,712
Y-mAbs Therapeutics, Inc. (A)	6,185		176,520
Zentalis Pharmaceuticals, Inc. (A)	6,074		404,771
ZIOPHARM Oncology, Inc. (A)(C)	40,464		73,644
			173,583,678
Health care equipment and supplies – 3.1%
Abbott Laboratories	228,730		27,019,875
ABIOMED, Inc. (A)	5,855		1,905,920
Accuray, Inc. (A)	19,428		76,741
Acutus Medical, Inc. (A)	4,288		37,906
Alcon, Inc.	83,059		6,725,346
Align Technology, Inc. (A)	9,481		6,308,942
Alphatec Holdings, Inc. (A)	12,258		149,425
Ambu A/S, Class B	27,847		824,889
AngioDynamics, Inc. (A)	6,284		163,007
Apyx Medical Corp. (A)	6,031		83,529
Asahi Intecc Company, Ltd.	34,800		953,123
Asensus Surgical, Inc. (A)(C)	42,796		79,173
Aspira Women's Health, Inc. (A)(C)	14,342		46,612

Strategic Equity Allocation Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Health care equipment and supplies (continued)
AtriCure, Inc. (A)	7,558	$	525,659
Atrion Corp.	237		165,308
Avanos Medical, Inc. (A)	8,207		256,058
Axogen, Inc. (A)	6,940		109,652
Axonics, Inc. (A)	7,712		501,974
Baxter International, Inc.	64,499		5,187,655
Becton, Dickinson and Company	37,053		9,108,368
BioLife Solutions, Inc. (A)	4,124		174,528
BioMerieux	6,886		783,537
Boston Scientific Corp. (A)	183,707		7,971,047
Butterfly Network, Inc. (A)(C)	30,880		322,387
Cardiovascular Systems, Inc. (A)	6,842		224,623
Carl Zeiss Meditec AG, Bearer Shares	6,690		1,281,484
Cerus Corp. (A)	29,978		182,566
ClearPoint Neuro, Inc. (A)	3,534		62,729
Cochlear, Ltd.	10,928		1,709,823
Coloplast A/S, B Shares	19,747		3,087,689
CONMED Corp.	4,876		637,927
CryoLife, Inc. (A)	6,588		146,847
CryoPort, Inc. (A)	6,909		459,518
Cutera, Inc. (A)	3,028		141,105
CytoSorbents Corp. (A)	8,150		66,178
Danaher Corp.	81,976		24,956,773
Demant A/S (A)	17,961		905,076
Dentsply Sirona, Inc.	28,198		1,636,894
DexCom, Inc. (A)	12,483		6,826,453
DiaSorin SpA	4,185		876,386
Eargo, Inc. (A)	3,623		24,383
Edwards Lifesciences Corp. (A)	80,422		9,104,575
Envista Holdings Corp. (A)	43,784		1,830,609
Fisher & Paykel Healthcare Corp., Ltd.	95,820		2,107,625
Glaukos Corp. (A)	7,665		369,223
Globus Medical, Inc., Class A (A)	21,261		1,629,018
GN Store Nord A/S	20,671		1,429,671
Haemonetics Corp. (A)	22,319		1,575,498
Heska Corp. (A)	1,652		427,108
Hill-Rom Holdings, Inc.	17,870		2,680,500
Hologic, Inc. (A)	32,705		2,413,956
Hoya Corp.	61,407		9,580,642
ICU Medical, Inc. (A)	5,413		1,263,286
IDEXX Laboratories, Inc. (A)	10,977		6,826,596
Inari Medical, Inc. (A)	5,769		467,866
Inogen, Inc. (A)	3,388		145,989
Integer Holdings Corp. (A)	5,492		490,655
Integra LifeSciences Holdings Corp. (A)	19,750		1,352,480
Intersect ENT, Inc. (A)	5,797		157,678
Intuitive Surgical, Inc. (A)	15,340		15,250,261
iRadimed Corp. (A)	1,020		34,262
iRhythm Technologies, Inc. (A)	5,079		297,426
Koninklijke Philips NV	151,434		6,727,743
Lantheus Holdings, Inc. (A)	11,442		293,831
LeMaitre Vascular, Inc.	3,239		171,959
LivaNova PLC (A)	23,418		1,854,471
Masimo Corp. (A)	13,753		3,723,075
Medtronic PLC	173,391		21,734,562
Meridian Bioscience, Inc. (A)	7,267		139,817
Merit Medical Systems, Inc. (A)	8,621		618,988
Mesa Laboratories, Inc.	839		253,680
Misonix, Inc. (A)	2,404		60,821
Natus Medical, Inc. (A)	5,857		146,894
Neogen Corp. (A)	47,171		2,048,637
Nevro Corp. (A)	5,845		680,241
NuVasive, Inc. (A)	22,760		1,362,186
Olympus Corp.	193,708		4,239,877
OraSure Technologies, Inc. (A)	12,345		139,622

 

249

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Strategic Equity Allocation Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Health care equipment and supplies (continued)
Ortho Clinical Diagnostics Holdings PLC (A)	18,726	$	346,056
Orthofix Medical, Inc. (A)	3,350		127,702
OrthoPediatrics Corp. (A)	2,384		156,176
Outset Medical, Inc. (A)	7,767		384,000
PAVmed, Inc. (A)	12,862		109,841
Penumbra, Inc. (A)	9,336		2,488,044
Pulmonx Corp. (A)	4,566		164,285
Pulse Biosciences, Inc. (A)	1,997		43,135
Quidel Corp. (A)	10,287		1,452,010
ResMed, Inc.	18,775		4,948,151
SeaSpine Holdings Corp. (A)	5,960		93,751
Senseonics Holdings, Inc. (A)(C)	73,269		248,382
Shockwave Medical, Inc. (A)	5,664		1,166,104
SI-BONE, Inc. (A)	5,841		125,114
Siemens Healthineers AG (B)	46,873		3,039,968
Sientra, Inc. (A)	11,358		65,081
Sight Sciences, Inc. (A)	1,990		45,173
Silk Road Medical, Inc. (A)	5,814		319,944
Smith & Nephew PLC	146,112		2,517,194
Soliton, Inc. (A)	1,932		39,336
Sonova Holding AG	9,099		3,438,586
STAAR Surgical Company (A)	20,848		2,679,593
Stereotaxis, Inc. (A)	9,797		52,708
STERIS PLC	12,871		2,629,288
Straumann Holding AG	1,719		3,082,959
Stryker Corp.	43,301		11,419,340
Surmodics, Inc. (A)	2,388		132,773
Sysmex Corp.	27,879		3,462,808
Tactile Systems Technology, Inc. (A)	3,381		150,285
Tandem Diabetes Care, Inc. (A)	17,113		2,042,950
Teleflex, Inc.	6,038		2,273,609
Terumo Corp.	107,334		5,068,134
The Cooper Companies, Inc.	6,354		2,626,172
TransMedics Group, Inc. (A)	4,630		153,207
Treace Medical Concepts, Inc. (A)	2,064		55,522
Utah Medical Products, Inc.	815		75,665
Vapotherm, Inc. (A)	3,996		88,991
Varex Imaging Corp. (A)	6,511		183,610
ViewRay, Inc. (A)	24,335		175,455
West Pharmaceutical Services, Inc.	9,545		4,052,234
Zimmer Biomet Holdings, Inc.	26,945		3,943,670
			282,005,449
Health care providers and services – 1.8%
1Life Healthcare, Inc. (A)	19,750		399,938
Acadia Healthcare Company, Inc. (A)	24,399		1,556,168
Accolade, Inc. (A)	8,560		360,975
AdaptHealth Corp. (A)	12,110		282,042
Addus HomeCare Corp. (A)	2,655		211,736
Agiliti, Inc. (A)(C)	4,118		78,407
Alignment Healthcare, Inc. (A)(C)	4,793		76,592
Amedisys, Inc. (A)	8,860		1,321,026
AmerisourceBergen Corp.	19,302		2,305,624
AMN Healthcare Services, Inc. (A)	7,858		901,706
Amplifon SpA	20,696		983,588
Anthem, Inc.	31,457		11,727,170
Apollo Medical Holdings, Inc. (A)(C)	6,341		577,348
Apria, Inc. (A)	2,642		98,150
Aveanna Healthcare Holdings, Inc. (A)	7,173		57,527
Brookdale Senior Living, Inc. (A)	32,197		202,841
Cardinal Health, Inc.	37,435		1,851,535
Castle Biosciences, Inc. (A)	3,564		237,006
Centene Corp. (A)	75,225		4,687,270
Chemed Corp.	4,271		1,986,528
Cigna Corp.	43,881		8,783,221

Strategic Equity Allocation Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Health care providers and services (continued)
Community Health Systems, Inc. (A)	21,067	$	246,484
CorVel Corp. (A)	1,487		276,909
Covetrus, Inc. (A)	17,754		322,058
Cross Country Healthcare, Inc. (A)	6,306		133,939
CVS Health Corp.	170,253		14,447,670
DaVita, Inc. (A)	8,653		1,005,998
Encompass Health Corp.	27,017		2,027,356
Fresenius Medical Care AG & Company KGaA	34,078		2,390,376
Fresenius SE & Company KGaA	69,507		3,326,963
Fulgent Genetics, Inc. (A)(C)	3,491		314,015
Hanger, Inc. (A)	6,618		145,331
HCA Healthcare, Inc.	31,805		7,719,710
HealthEquity, Inc. (A)	36,387		2,356,422
Henry Schein, Inc. (A)	18,023		1,372,632
Humana, Inc.	16,580		6,452,107
Innovage Holding Corp. (A)	3,587		23,710
Laboratory Corp. of America Holdings (A)	12,476		3,511,245
LHC Group, Inc. (A)	13,719		2,152,648
LifeStance Health Group, Inc. (A)	8,086		117,247
Magellan Health, Inc. (A)	3,901		368,840
McKesson Corp.	19,956		3,978,827
Medipal Holdings Corp.	30,441		572,903
MEDNAX, Inc. (A)	12,927		367,515
ModivCare, Inc. (A)	2,080		377,770
Molina Healthcare, Inc. (A)	15,857		4,302,163
National HealthCare Corp.	2,085		145,908
National Research Corp.	2,386		100,618
NMC Health PLC (A)	19,536		3,809
Option Care Health, Inc. (A)	60,380		1,464,819
Orpea SA	8,594		999,233
Owens & Minor, Inc.	12,085		378,140
Patterson Companies, Inc.	37,856		1,140,980
PetIQ, Inc. (A)	4,770		119,107
Privia Health Group, Inc. (A)	3,528		83,120
Progyny, Inc. (A)	29,327		1,642,312
Quest Diagnostics, Inc.	15,764		2,290,667
R1 RCM, Inc. (A)	56,456		1,242,597
RadNet, Inc. (A)	7,815		229,058
Ramsay Health Care, Ltd.	30,435		1,508,255
Ryman Healthcare, Ltd.	70,642		735,072
Select Medical Holdings Corp.	18,561		671,351
Sonic Healthcare, Ltd.	75,468		2,180,963
Surgery Partners, Inc. (A)	5,408		228,975
Tenet Healthcare Corp. (A)	46,862		3,113,511
The Ensign Group, Inc.	8,788		658,133
The Joint Corp. (A)	2,337		229,073
The Pennant Group, Inc. (A)	4,509		126,658
Tivity Health, Inc. (A)	7,804		179,960
Triple-S Management Corp. (A)	3,913		138,403
UnitedHealth Group, Inc.	121,656		47,535,865
Universal Health Services, Inc., Class B	9,789		1,354,504
US Physical Therapy, Inc.	2,175		240,555
			165,738,882
Health care technology – 0.2%
Allscripts Healthcare Solutions, Inc. (A)	20,930		279,834
American Well Corp., Class A (A)	31,204		284,268
Cerner Corp.	38,137		2,689,421
Computer Programs & Systems, Inc. (A)	2,530		89,714
Evolent Health, Inc., Class A (A)	13,133		407,123
Health Catalyst, Inc. (A)	8,473		423,735
HealthStream, Inc. (A)	4,185		119,607
Inovalon Holdings, Inc., Class A (A)	12,603		507,775
Inspire Medical Systems, Inc. (A)	4,513		1,050,987

 

250

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Strategic Equity Allocation Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Health care technology (continued)
M3, Inc.	73,386	$	5,230,095
MultiPlan Corp. (A)	38,457		216,513
NextGen Healthcare, Inc. (A)	9,748		137,447
Omnicell, Inc. (A)	7,162		1,063,056
OptimizeRx Corp. (A)	2,890		247,240
Phreesia, Inc. (A)	8,246		508,778
Schrodinger, Inc. (A)	7,673		419,560
Simulations Plus, Inc.	2,690		106,255
Tabula Rasa HealthCare, Inc. (A)	4,031		105,653
Vocera Communications, Inc. (A)	5,759		263,532
			14,150,593
Life sciences tools and services – 1.1%
Agilent Technologies, Inc.	39,150		6,167,300
Berkeley Lights, Inc. (A)	8,463		165,536
Bionano Genomics, Inc. (A)(C)	48,570		267,135
Bio-Rad Laboratories, Inc., Class A (A)	2,773		2,068,519
Bio-Techne Corp.	5,018		2,431,572
Charles River Laboratories International, Inc. (A)	6,502		2,683,180
ChromaDex Corp. (A)	9,189		57,615
Codexis, Inc. (A)	10,312		239,857
Cytek Biosciences, Inc. (A)	2,828		60,547
Eurofins Scientific SE	22,194		2,843,631
Fluidigm Corp. (A)	14,104		92,945
Harvard Bioscience, Inc. (A)	7,852		54,807
Illumina, Inc. (A)	18,927		7,676,980
Inotiv, Inc. (A)	2,356		68,889
IQVIA Holdings, Inc. (A)	24,722		5,921,908
Lonza Group AG	12,378		9,284,854
Medpace Holdings, Inc. (A)	12,618		2,388,335
Mettler-Toledo International, Inc. (A)	2,983		4,108,665
NanoString Technologies, Inc. (A)	7,688		369,101
NeoGenomics, Inc. (A)	19,030		918,007
Pacific Biosciences of California, Inc. (A)	32,594		832,777
PerkinElmer, Inc.	14,465		2,506,640
Personalis, Inc. (A)	6,454		124,175
QIAGEN NV (A)	37,965		1,963,810
Quanterix Corp. (A)	5,364		267,074
Repligen Corp. (A)	13,882		4,011,759
Sartorius Stedim Biotech	4,597		2,568,825
Seer, Inc. (A)(C)	7,142		246,613
Syneos Health, Inc. (A)	28,097		2,457,926
Thermo Fisher Scientific, Inc.	50,759		29,000,139
Waters Corp. (A)	7,917		2,828,744
			94,677,865
Pharmaceuticals – 4.6%
9 Meters Biopharma, Inc. (A)	44,726		58,144
Aclaris Therapeutics, Inc. (A)	8,752		157,536
Aerie Pharmaceuticals, Inc. (A)	7,895		90,003
Amneal Pharmaceuticals, Inc. (A)	18,313		97,791
Amphastar Pharmaceuticals, Inc. (A)	6,748		128,279
Ampio Pharmaceuticals, Inc. (A)(C)	37,495		62,242
Angion Biomedica Corp. (A)(C)	3,713		36,276
ANI Pharmaceuticals, Inc. (A)	2,090		68,594
Antares Pharma, Inc. (A)	30,820		112,185
Arvinas, Inc. (A)	7,353		604,270
Astellas Pharma, Inc.	309,447		5,093,203
AstraZeneca PLC	257,487		31,031,749
Atea Pharmaceuticals, Inc. (A)	10,982		385,029
Athira Pharma, Inc. (A)	6,435		60,360
Axsome Therapeutics, Inc. (A)(C)	4,899		161,471
Bayer AG	163,297		8,863,022
BioDelivery Sciences International, Inc. (A)	19,014		68,641

Strategic Equity Allocation Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Pharmaceuticals (continued)
Bristol-Myers Squibb Company	286,699	$	16,963,980
Cara Therapeutics, Inc. (A)	7,748		119,707
Cassava Sciences, Inc. (A)(C)	6,470		401,658
Catalent, Inc. (A)	21,978		2,924,612
Chugai Pharmaceutical Company, Ltd.	111,602		4,083,950
Collegium Pharmaceutical, Inc. (A)	6,200		122,388
Corcept Therapeutics, Inc. (A)	16,372		322,201
Cymabay Therapeutics, Inc. (A)	14,961		54,608
Daiichi Sankyo Company, Ltd.	291,258		7,741,971
Durect Corp. (A)	43,508		55,690
Edgewise Therapeutics, Inc. (A)	2,524		41,898
Eisai Company, Ltd.	39,468		2,956,447
Elanco Animal Health, Inc. (A)(D)	9,534		0
Eli Lilly & Company	102,438		23,668,300
Endo International PLC (A)	40,799		132,189
Esperion Therapeutics, Inc. (A)(C)	5,167		62,262
Evolus, Inc. (A)	6,245		47,587
EyePoint Pharmaceuticals, Inc. (A)(C)	4,483		46,713
Fulcrum Therapeutics, Inc. (A)	4,595		129,625
GlaxoSmithKline PLC	836,315		15,783,913
Harmony Biosciences Holdings, Inc. (A)(C)	3,901		149,525
Hikma Pharmaceuticals PLC	28,769		946,386
Hisamitsu Pharmaceutical Company, Inc.	8,484		320,884
Innoviva, Inc. (A)	7,614		127,230
Intra-Cellular Therapies, Inc. (A)	11,974		446,391
Ipsen SA	6,269		597,373
Jazz Pharmaceuticals PLC (A)	16,603		2,161,877
Johnson & Johnson	339,645		54,852,668
KemPharm, Inc. (A)	5,959		55,597
Kyowa Kirin Company, Ltd.	44,859		1,617,177
Marinus Pharmaceuticals, Inc. (A)(C)	6,869		78,169
Merck & Company, Inc.	326,600		24,530,926
Merck KGaA	21,482		4,649,557
Mind Medicine MindMed, Inc. (A)	59,512		138,663
Nektar Therapeutics (A)	49,905		896,294
NGM Biopharmaceuticals, Inc. (A)	5,511		115,841
Nippon Shinyaku Company, Ltd.	8,200		681,609
Novartis AG	369,063		30,262,854
Novo Nordisk A/S, B Shares	279,900		26,979,420
Nuvation Bio, Inc. (A)	11,789		117,183
Ocular Therapeutix, Inc. (A)	13,671		136,710
Omeros Corp. (A)(C)	10,581		145,912
Ono Pharmaceutical Company, Ltd.	61,500		1,402,429
Oramed Pharmaceuticals, Inc. (A)(C)	5,432		119,395
Organon & Company	32,709		1,072,528
Orion OYJ, Class B	17,635		698,183
Otsuka Holdings Company, Ltd.	64,893		2,774,999
Pacira BioSciences, Inc. (A)	7,455		417,480
Perrigo Company PLC	36,306		1,718,363
Pfizer, Inc.	723,379		31,112,531
Phathom Pharmaceuticals, Inc. (A)	3,691		118,481
Phibro Animal Health Corp., Class A	3,948		85,040
Pliant Therapeutics, Inc. (A)	4,457		75,234
Prestige Consumer Healthcare, Inc. (A)	8,337		467,789
Provention Bio, Inc. (A)(C)	10,903		69,779
Reata Pharmaceuticals, Inc., Class A (A)	4,644		467,233
Recordati Industria Chimica e Farmaceutica SpA	17,380		1,007,338
Relmada Therapeutics, Inc. (A)	2,925		76,664
Revance Therapeutics, Inc. (A)	12,026		335,044
Roche Holding AG	116,779		42,620,803
Roche Holding AG, Bearer Shares	5,319		2,183,045
Sanofi	188,605		18,155,872
Santen Pharmaceutical Company, Ltd.	59,900		842,440

 

251

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Strategic Equity Allocation Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Pharmaceuticals (continued)
Shionogi & Company, Ltd.	44,011	$	3,011,644
SIGA Technologies, Inc. (A)	8,890		65,697
Sumitomo Dainippon Pharma Company, Ltd.	29,792		532,503
Supernus Pharmaceuticals, Inc. (A)	8,461		225,655
Taisho Pharmaceutical Holdings Company, Ltd.	6,416		373,980
Takeda Pharmaceutical Company, Ltd.	262,298		8,651,314
Teva Pharmaceutical Industries, Ltd., ADR (A)	183,208		1,784,446
TherapeuticsMD, Inc. (A)(C)	83,719		62,069
Theravance Biopharma, Inc. (A)	11,333		83,864
UCB SA	21,015		2,353,202
Viatris, Inc.	156,023		2,114,112
Vifor Pharma AG	8,103		1,050,286
Zoetis, Inc.	61,148		11,871,273
Zogenix, Inc. (A)	10,126		153,814
			410,901,269
			1,141,057,736
Industrials – 11.2%
Aerospace and defense – 1.3%
AAR Corp. (A)	5,693		184,624
Aerojet Rocketdyne Holdings, Inc.	12,501		544,419
AeroVironment, Inc. (A)	3,723		321,369
Airbus SE (A)	97,988		12,990,842
Astronics Corp. (A)	4,926		69,260
Axon Enterprise, Inc. (A)	17,832		3,120,957
BAE Systems PLC	536,510		4,063,556
Byrna Technologies, Inc. (A)	3,275		71,592
Curtiss-Wright Corp.	11,101		1,400,724
Dassault Aviation SA	4,160		467,622
Ducommun, Inc. (A)	1,957		98,535
Elbit Systems, Ltd.	4,408		638,271
General Dynamics Corp.	29,935		5,868,158
Hexcel Corp. (A)	22,766		1,352,073
Howmet Aerospace, Inc.	49,804		1,553,885
Huntington Ingalls Industries, Inc.	5,179		999,858
Kaman Corp.	4,852		173,071
Kratos Defense & Security Solutions, Inc. (A)	20,641		460,501
L3Harris Technologies, Inc.	25,926		5,709,942
Lockheed Martin Corp.	31,798		10,973,490
Maxar Technologies, Inc.	12,093		342,474
Mercury Systems, Inc. (A)	15,249		723,108
Moog, Inc., Class A	4,788		364,989
MTU Aero Engines AG	8,876		1,995,517
National Presto Industries, Inc.	960		78,797
Northrop Grumman Corp.	19,418		6,993,393
PAE, Inc. (A)	13,271		79,361
Park Aerospace Corp.	4,591		62,805
Parsons Corp. (A)	4,509		152,224
Raytheon Technologies Corp.	194,548		16,723,346
Rolls-Royce Holdings PLC (A)	1,390,846		2,597,704
Safran SA	56,811		7,185,490
Singapore Technologies Engineering, Ltd.	259,552		724,525
Textron, Inc.	28,918		2,018,766
Thales SA	17,733		1,719,312
The Boeing Company (A)	71,088		15,635,095
TransDigm Group, Inc. (A)	6,755		4,218,970
Triumph Group, Inc. (A)	10,902		203,104

Strategic Equity Allocation Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Aerospace and defense (continued)
Vectrus, Inc. (A)	2,078	$	104,482
			112,986,211
Air freight and logistics – 0.6%
Air Transport Services Group, Inc. (A)	9,826		253,609
Atlas Air Worldwide Holdings, Inc. (A)	4,758		388,633
CH Robinson Worldwide, Inc.	16,993		1,478,391
Deutsche Post AG	164,763		10,332,250
DSV A/S	33,510		8,021,078
Echo Global Logistics, Inc. (A)	4,522		215,745
Expeditors International of Washington, Inc.	21,919		2,611,210
FedEx Corp.	31,734		6,958,949
Forward Air Corp.	4,496		373,258
GXO Logistics, Inc. (A)	26,766		2,099,525
Hub Group, Inc., Class A (A)	5,453		374,894
InPost SA (A)	33,243		551,615
Radiant Logistics, Inc. (A)	8,597		54,935
SG Holdings Company, Ltd.	53,200		1,505,082
United Parcel Service, Inc., Class B	93,964		17,110,844
Yamato Holdings Company, Ltd.	48,393		1,224,844
			53,554,862
Airlines – 0.2%
Alaska Air Group, Inc. (A)	16,158		946,859
Allegiant Travel Company (A)	2,568		501,993
American Airlines Group, Inc. (A)	83,534		1,714,118
ANA Holdings, Inc. (A)	26,549		690,206
Delta Air Lines, Inc. (A)	82,562		3,517,967
Deutsche Lufthansa AG (A)(C)	49,678		338,942
Frontier Group Holdings, Inc. (A)	6,090		96,161
Hawaiian Holdings, Inc. (A)	8,931		193,445
Japan Airlines Company, Ltd. (A)	23,940		569,932
JetBlue Airways Corp. (A)	86,348		1,320,261
Mesa Air Group, Inc. (A)	6,639		50,855
Qantas Airways, Ltd. (A)	153,612		619,519
Singapore Airlines, Ltd. (A)	222,727		820,214
SkyWest, Inc. (A)	8,266		407,844
Southwest Airlines Company (A)	76,335		3,925,909
Spirit Airlines, Inc. (A)	16,509		428,243
Sun Country Airlines Holdings, Inc. (A)	2,969		99,580
United Airlines Holdings, Inc. (A)	41,752		1,986,143
			18,228,191
Building products – 0.9%
A.O. Smith Corp.	17,185		1,049,488
AAON, Inc.	6,987		456,531
AGC, Inc.	32,176		1,658,101
Allegion PLC	11,572		1,529,587
American Woodmark Corp. (A)	2,928		191,403
Apogee Enterprises, Inc.	4,208		158,894
Assa Abloy AB, B Shares	166,600		4,832,500
Builders FirstSource, Inc. (A)	56,260		2,910,892
Caesarstone, Ltd.	4,720		58,622
Carlisle Companies, Inc.	14,153		2,813,475
Carrier Global Corp.	111,951		5,794,584
Cie de Saint-Gobain	84,116		5,660,756
Cornerstone Building Brands, Inc. (A)	9,427		137,728
CSW Industrials, Inc.	2,434		310,822
Daikin Industries, Ltd.	41,397		9,026,131
Fortune Brands Home & Security, Inc.	17,789		1,590,692
Geberit AG	6,157		4,520,483
Gibraltar Industries, Inc. (A)	5,451		379,662
Griffon Corp.	7,913		194,660
Insteel Industries, Inc.	3,266		124,271
JELD-WEN Holding, Inc. (A)	14,229		356,152
Johnson Controls International PLC	91,892		6,256,007

 

252

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Strategic Equity Allocation Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Building products (continued)
Kingspan Group PLC	25,647	$	2,558,270
Lennox International, Inc.	9,284		2,731,074
Lixil Corp.	44,250		1,282,514
Masco Corp.	31,888		1,771,378
Masonite International Corp. (A)	4,036		428,341
Nibe Industrier AB, B Shares	237,085		2,979,390
Owens Corning	28,002		2,394,171
PGT Innovations, Inc. (A)	9,986		190,733
Quanex Building Products Corp.	5,993		128,310
Resideo Technologies, Inc. (A)	24,384		604,479
Rockwool International A/S, B Shares	1,392		594,508
Simpson Manufacturing Company, Inc.	18,963		2,028,472
TOTO, Ltd.	23,500		1,118,990
Trane Technologies PLC	30,656		5,292,758
Trex Company, Inc. (A)	31,318		3,192,244
UFP Industries, Inc.	9,992		679,256
View, Inc. (A)(C)	17,885		96,937
Xinyi Glass Holdings, Ltd.	303,000		903,865
			78,987,131
Commercial services and supplies – 0.5%
ABM Industries, Inc.	11,296		508,433
ACCO Brands Corp.	16,134		138,591
Brady Corp., Class A	7,839		397,437
Brambles, Ltd.	240,214		1,847,113
BrightView Holdings, Inc. (A)	7,156		105,623
Casella Waste Systems, Inc., Class A (A)	8,194		622,252
CECO Environmental Corp. (A)	4,840		34,074
Cimpress PLC (A)	2,896		251,460
Cintas Corp.	11,292		4,298,413
Clean Harbors, Inc. (A)	13,590		1,411,593
Copart, Inc. (A)	27,471		3,810,777
CoreCivic, Inc. (A)	20,720		184,408
Covanta Holding Corp.	19,967		401,736
Dai Nippon Printing Company, Ltd.	36,873		888,370
Deluxe Corp.	7,169		257,295
Ennis, Inc.	4,746		89,462
Harsco Corp. (A)	13,435		227,723
Healthcare Services Group, Inc.	12,571		314,149
Heritage-Crystal Clean, Inc. (A)	3,039		88,070
Herman Miller, Inc.	32,922		1,239,843
HNI Corp.	7,383		271,104
IAA, Inc. (A)	36,600		1,997,262
Interface, Inc.	10,149		153,757
KAR Auction Services, Inc. (A)	52,364		858,246
Kimball International, Inc., Class B	7,693		86,162
Matthews International Corp., Class A	5,258		182,400
Montrose Environmental Group, Inc. (A)	4,009		247,516
MSA Safety, Inc.	9,896		1,441,847
Pitney Bowes, Inc.	30,514		220,006
Rentokil Initial PLC	309,055		2,426,946
Republic Services, Inc.	27,110		3,254,827
Rollins, Inc.	29,205		1,031,813
RR Donnelley & Sons Company (A)	12,947		66,548
Secom Company, Ltd.	34,855		2,520,993
Securitas AB, B Shares	52,048		823,796
Sohgo Security Services Company, Ltd.	11,900		534,988
SP Plus Corp. (A)	4,109		126,023
Steelcase, Inc., Class A	15,063		190,999
Stericycle, Inc. (A)	24,940		1,695,172
Tetra Tech, Inc.	23,638		3,530,099
The Brink's Company	21,714		1,374,496
TOPPAN, Inc.	43,562		738,609
UniFirst Corp.	2,504		532,400
US Ecology, Inc. (A)	5,659		183,069
Viad Corp. (A)	3,560		161,660

Strategic Equity Allocation Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Commercial services and supplies (continued)
VSE Corp.	1,949	$	93,883
Waste Management, Inc.	49,984		7,465,610
			49,327,053
Construction and engineering – 0.4%
ACS Actividades de Construccion y Servicios SA	40,767		1,104,323
AECOM (A)	39,115		2,470,112
Ameresco, Inc., Class A (A)	5,109		298,519
API Group Corp. (A)(B)	33,463		680,972
Arcosa, Inc.	8,024		402,564
Argan, Inc.	2,728		119,132
Bouygues SA	37,978		1,571,049
Comfort Systems USA, Inc.	5,946		424,069
Concrete Pumping Holdings, Inc. (A)	5,156		44,032
Construction Partners, Inc., Class A (A)	4,946		165,048
Dycom Industries, Inc. (A)	13,408		955,186
Eiffage SA	14,180		1,433,128
EMCOR Group, Inc.	23,439		2,704,392
Ferrovial SA	79,184		2,311,275
Fluor Corp. (A)	62,492		997,997
Granite Construction, Inc.	7,659		302,913
Great Lakes Dredge & Dock Corp. (A)	10,944		165,145
IES Holdings, Inc. (A)	1,488		67,987
Infrastructure and Energy Alternatives, Inc. (A)(C)	5,254		60,053
Kajima Corp.	74,685		957,057
MasTec, Inc. (A)	15,537		1,340,532
Matrix Service Company (A)	5,607		58,649
MYR Group, Inc. (A)	2,745		273,128
Northwest Pipe Company (A)	2,256		53,467
NV5 Global, Inc. (A)	2,223		219,121
Obayashi Corp.	107,915		889,518
Primoris Services Corp.	9,091		222,639
Quanta Services, Inc.	17,954		2,043,524
Shimizu Corp. (C)	91,729		686,623
Skanska AB, B Shares	56,546		1,418,602
Sterling Construction Company, Inc. (A)	4,883		110,698
Taisei Corp.	31,773		1,018,063
Tutor Perini Corp. (A)	7,083		91,937
Valmont Industries, Inc.	5,760		1,354,291
Vinci SA	88,489		9,203,634
WillScot Mobile Mini Holdings Corp. (A)	35,181		1,115,941
			37,335,320
Electrical equipment – 1.1%
ABB, Ltd.	288,308		9,644,425
Acuity Brands, Inc.	9,695		1,680,822
Allied Motion Technologies, Inc.	2,479		77,543
American Superconductor Corp. (A)	5,408		78,849
AMETEK, Inc.	29,830		3,699,218
Array Technologies, Inc. (A)	21,587		399,791
Atkore, Inc. (A)	7,728		671,718
AZZ, Inc.	4,088		217,482
Babcock & Wilcox Enterprises, Inc. (A)	10,521		67,440
Beam Global (A)(C)	1,796		49,157
Blink Charging Company (A)(C)	6,269		179,356
Bloom Energy Corp., Class A (A)	23,538		440,631
Eaton Corp. PLC	51,428		7,678,715
Emerson Electric Company	77,129		7,265,552
Encore Wire Corp.	3,332		315,974
EnerSys	18,707		1,392,549
Eos Energy Enterprises, Inc. (A)(C)	7,745		108,662
FuelCell Energy, Inc. (A)(C)	55,651		372,305
Fuji Electric Company, Ltd.	21,140		961,992
Generac Holdings, Inc. (A)	8,144		3,328,208

 

253

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Strategic Equity Allocation Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Electrical equipment (continued)
GrafTech International, Ltd.	33,987	$	350,746
Hubbell, Inc.	14,765		2,667,593
Legrand SA	44,455		4,763,336
Mitsubishi Electric Corp.	303,397		4,216,485
Nidec Corp.	74,286		8,189,288
nVent Electric PLC	45,644		1,475,671
Powell Industries, Inc.	2,212		54,349
Preformed Line Products Company	175		11,382
Prysmian SpA	42,342		1,478,942
Regal Beloit Corp.	11,050		1,661,257
Rockwell Automation, Inc.	14,970		4,401,779
Romeo Power, Inc. (A)(C)	22,897		113,340
Schneider Electric SE	89,544		14,913,900
Siemens Energy AG (A)	66,430		1,776,967
Siemens Gamesa Renewable Energy SA (A)	39,627		1,007,201
Stem, Inc. (A)	8,234		196,710
Sunrun, Inc. (A)	55,914		2,460,216
Thermon Group Holdings, Inc. (A)	6,405		110,871
TPI Composites, Inc. (A)	6,220		209,925
Vestas Wind Systems A/S	167,858		6,734,137
Vicor Corp. (A)	3,522		472,512
			95,896,996
Industrial conglomerates – 1.1%
3M Company	74,656		13,096,156
CK Hutchison Holdings, Ltd.	448,738		2,993,588
DCC PLC	16,383		1,365,783
General Electric Company	141,621		14,591,212
Hitachi, Ltd.	160,894		9,518,602
Honeywell International, Inc.	89,076		18,909,053
Investment AB Latour, B Shares	24,609		761,516
Jardine Matheson Holdings, Ltd.	36,000		1,902,896
Keppel Corp., Ltd.	242,045		924,306
Melrose Industries PLC	728,507		1,691,379
Raven Industries, Inc. (A)	5,993		345,257
Roper Technologies, Inc.	13,602		6,068,260
Siemens AG	127,157		20,796,654
Smiths Group PLC	65,885		1,270,446
Toshiba Corp.	68,128		2,867,578
			97,102,686
Machinery – 2.4%
AGCO Corp.	16,784		2,056,544
Alamo Group, Inc.	1,595		222,550
Albany International Corp., Class A	5,138		394,958
Alfa Laval AB	52,291		1,950,377
Alstom SA	52,544		1,993,137
Altra Industrial Motion Corp.	10,964		606,857
Astec Industries, Inc.	3,832		206,200
Atlas Copco AB, A Shares	111,618		6,740,125
Atlas Copco AB, B Shares	64,861		3,296,664
Barnes Group, Inc.	7,908		330,001
Blue Bird Corp. (A)	3,176		66,251
Caterpillar, Inc.	70,635		13,559,801
Chart Industries, Inc. (A)	6,121		1,169,784
CIRCOR International, Inc. (A)	3,423		112,993
CNH Industrial NV	170,090		2,859,052
Colfax Corp. (A)	35,170		1,614,303
Columbus McKinnon Corp.	4,645		224,586
Commercial Vehicle Group, Inc. (A)	6,362		60,185
Crane Company	13,532		1,282,969
Cummins, Inc.	18,528		4,160,648
Daifuku Company, Ltd.	16,800		1,575,602
Deere & Company	36,625		12,271,939
Desktop Metal, Inc., Class A (A)(C)	25,905		185,739
Donaldson Company, Inc.	34,098		1,957,566

Strategic Equity Allocation Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Machinery (continued)
Douglas Dynamics, Inc.	3,979	$	144,438
Dover Corp.	18,574		2,888,257
Energy Recovery, Inc. (A)	7,295		138,824
Enerpac Tool Group Corp.	10,358		214,721
EnPro Industries, Inc.	3,453		300,825
Epiroc AB, A Shares	109,541		2,270,995
Epiroc AB, B Shares	64,819		1,148,059
ESCO Technologies, Inc.	4,266		328,482
Evoqua Water Technologies Corp. (A)	19,421		729,453
FANUC Corp.	31,918		6,998,400
Federal Signal Corp.	10,044		387,899
Flowserve Corp.	35,369		1,226,243
Fortive Corp.	46,240		3,263,157
Franklin Electric Company, Inc.	7,573		604,704
GEA Group AG	25,501		1,164,614
Graco, Inc.	46,088		3,224,777
Harmonic Drive Systems, Inc. (C)	7,200		345,294
Helios Technologies, Inc.	5,460		448,321
Hillenbrand, Inc.	12,221		521,226
Hino Motors, Ltd.	47,742		443,325
Hitachi Construction Machinery Company, Ltd.	17,852		501,544
Hoshizaki Corp.	9,000		818,585
Hydrofarm Holdings Group, Inc. (A)	6,582		249,129
Hyliion Holdings Corp. (A)(C)	20,148		169,243
Hyster-Yale Materials Handling, Inc.	1,831		92,026
Ideanomics, Inc. (A)(C)	71,287		140,435
IDEX Corp.	9,805		2,029,145
Illinois Tool Works, Inc.	36,980		7,641,177
Ingersoll Rand, Inc. (A)	52,276		2,635,233
ITT, Inc.	23,378		2,006,768
John Bean Technologies Corp.	5,237		736,060
Kadant, Inc.	1,902		388,198
Kennametal, Inc.	36,839		1,260,999
KION Group AG	11,994		1,115,172
Knorr-Bremse AG	12,057		1,289,997
Komatsu, Ltd.	145,576		3,486,314
Kone OYJ, B Shares	56,496		3,968,751
Kubota Corp.	170,752		3,634,052
Kurita Water Industries, Ltd.	16,427		790,439
Lincoln Electric Holdings, Inc.	16,125		2,076,739
Lindsay Corp.	1,752		265,936
Luxfer Holdings PLC	4,941		96,992
Lydall, Inc. (A)	3,007		186,705
Makita Corp.	37,252		2,048,213
Meritor, Inc. (A)	11,427		243,509
Miller Industries, Inc.	2,126		72,369
MINEBEA MITSUMI, Inc.	60,300		1,535,709
MISUMI Group, Inc.	47,200		2,008,315
Mitsubishi Heavy Industries, Ltd.	53,263		1,427,129
Miura Company, Ltd.	14,600		583,629
Mueller Industries, Inc.	9,260		380,586
Mueller Water Products, Inc., Class A	26,371		401,367
Nabtesco Corp.	18,689		706,628
NGK Insulators, Ltd.	42,861		726,543
Nikola Corp. (A)(C)	38,054		406,036
Nordson Corp.	14,678		3,495,566
NSK, Ltd. (C)	64,098		434,347
Omega Flex, Inc.	500		71,345
Oshkosh Corp.	18,636		1,907,767
Otis Worldwide Corp.	55,063		4,530,584
PACCAR, Inc.	44,793		3,535,064
Parker-Hannifin Corp.	16,651		4,655,953
Pentair PLC	21,400		1,554,282
Proto Labs, Inc. (A)	4,752		316,483

 

254

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Strategic Equity Allocation Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Machinery (continued)
Rational AG	850	$	798,468
RBC Bearings, Inc. (A)	4,174		885,723
REV Group, Inc.	5,003		85,851
Rexnord Corp.	20,210		1,299,301
Sandvik AB	187,651		4,287,132
Schindler Holding AG	3,345		861,758
Schindler Holding AG, Participation Certificates	6,768		1,817,002
SKF AB, B Shares	63,434		1,495,850
SMC Corp.	9,547		5,956,469
Snap-on, Inc.	6,963		1,454,919
Spirax-Sarco Engineering PLC	12,261		2,466,984
SPX Corp. (A)	7,310		390,720
SPX FLOW, Inc.	6,976		509,946
Standex International Corp.	1,966		194,457
Stanley Black & Decker, Inc.	21,026		3,686,068
Techtronic Industries Company, Ltd.	228,742		4,520,295
Tennant Company	3,107		229,763
Terex Corp.	30,293		1,275,335
The ExOne Company (A)	3,030		70,841
The Gorman-Rupp Company	3,872		138,656
The Greenbrier Companies, Inc.	5,308		228,191
The Manitowoc Company, Inc. (A)	5,955		127,556
The Middleby Corp. (A)	15,104		2,575,383
The Shyft Group, Inc.	5,788		220,002
The Timken Company	18,842		1,232,644
The Toro Company	29,069		2,831,611
THK Company, Ltd.	20,052		440,018
Titan International, Inc. (A)	9,788		70,082
TriMas Corp. (A)	7,286		235,775
Trinity Industries, Inc.	35,862		974,371
Volvo AB, A Shares	33,283		752,022
Volvo AB, B Shares	237,629		5,305,419
Wabash National Corp.	8,626		130,511
Wabtec Corp.	24,389		2,102,576
Wartsila OYJ ABP	78,685		937,084
Watts Water Technologies, Inc., Class A	4,541		763,297
Welbilt, Inc. (A)	21,954		510,211
Woodward, Inc.	17,270		1,954,964
Xylem, Inc.	23,245		2,874,942
Yaskawa Electric Corp.	39,910		1,916,420
			210,920,525
Marine – 0.1%
A.P. Moller - Maersk A/S, Series A	522		1,345,214
A.P. Moller - Maersk A/S, Series B	962		2,604,219
Costamare, Inc.	8,816		136,560
Eagle Bulk Shipping, Inc. (A)(C)	1,633		82,336
Genco Shipping & Trading, Ltd.	5,503		110,775
Kirby Corp. (A)	16,320		782,707
Kuehne + Nagel International AG	9,032		3,083,534
Matson, Inc.	7,161		577,964
Nippon Yusen KK	26,825		2,009,954
Safe Bulkers, Inc. (A)	11,554		59,734
SITC International Holdings Company, Ltd.	223,000		793,519
			11,586,516
Professional services – 1.0%
Acacia Research Corp. (A)	10,366		70,385
Adecco Group AG	25,759		1,290,673
ASGN, Inc. (A)	23,055		2,608,443
Barrett Business Services, Inc.	1,349		102,875
Bureau Veritas SA	48,874		1,508,313
CACI International, Inc., Class A (A)	6,394		1,675,867
CBIZ, Inc. (A)	8,129		262,892
CRA International, Inc.	1,245		123,678

Strategic Equity Allocation Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Professional services (continued)
Equifax, Inc.	15,719	$	3,983,509
Experian PLC	153,459		6,428,417
Exponent, Inc.	8,656		979,426
First Advantage Corp. (A)	5,151		98,127
Forrester Research, Inc. (A)	2,040		100,490
Franklin Covey Company (A)	2,317		94,510
FTI Consulting, Inc. (A)	9,307		1,253,653
GP Strategies Corp. (A)	2,450		50,715
Heidrick & Struggles International, Inc.	3,293		146,967
Huron Consulting Group, Inc. (A)	3,817		198,484
ICF International, Inc.	3,071		274,210
IHS Markit, Ltd.	51,429		5,997,650
Insperity, Inc.	15,832		1,753,236
Intertek Group PLC	26,826		1,793,781
Jacobs Engineering Group, Inc.	16,813		2,228,227
KBR, Inc.	61,789		2,434,487
Kelly Services, Inc., Class A	6,115		115,451
Kforce, Inc.	3,430		204,565
Korn Ferry	9,207		666,219
Leidos Holdings, Inc.	18,265		1,755,814
ManpowerGroup, Inc.	14,725		1,594,423
ManTech International Corp., Class A	4,524		343,462
Nielsen Holdings PLC	46,292		888,343
Nihon M&A Center, Inc.	50,300		1,477,026
Persol Holdings Company, Ltd.	29,500		735,408
Randstad NV (C)	19,876		1,338,192
Recruit Holdings Company, Ltd.	225,500		13,783,872
RELX PLC	321,327		9,249,795
Resources Connection, Inc.	6,062		95,658
Robert Half International, Inc.	14,446		1,449,367
Science Applications International Corp.	15,737		1,346,458
SGS SA	1,006		2,928,302
Teleperformance	9,763		3,840,127
TriNet Group, Inc. (A)	6,772		640,496
TrueBlue, Inc. (A)	5,983		162,020
Upwork, Inc. (A)	19,830		892,945
Verisk Analytics, Inc.	20,817		4,169,021
Willdan Group, Inc. (A)	2,195		78,120
Wolters Kluwer NV	44,466		4,713,240
			87,927,339
Road and rail – 0.8%
ArcBest Corp.	4,250		347,523
Aurizon Holdings, Ltd.	305,960		828,368
Avis Budget Group, Inc. (A)	21,009		2,447,759
Central Japan Railway Company	23,976		3,827,142
Covenant Logistics Group, Inc. (A)	2,616		72,332
CSX Corp.	290,877		8,650,682
Daseke, Inc. (A)	7,297		67,205
East Japan Railway Company	50,240		3,550,618
Hankyu Hanshin Holdings, Inc.	38,000		1,195,993
Heartland Express, Inc.	8,148		130,531
JB Hunt Transport Services, Inc.	10,858		1,815,675
Kansas City Southern	11,736		3,176,231
Keio Corp.	17,115		915,425
Keisei Electric Railway Company, Ltd.	21,494		711,993
Kintetsu Group Holdings Company, Ltd. (A)	28,474		957,559
Knight-Swift Transportation Holdings, Inc.	45,065		2,305,075
Landstar System, Inc.	10,393		1,640,223
Marten Transport, Ltd.	10,371		162,721
MTR Corp., Ltd.	256,815		1,382,157
Nippon Express Company, Ltd.	12,746		877,820
Norfolk Southern Corp.	31,864		7,623,462
Odakyu Electric Railway Company, Ltd.	48,979		1,133,622

 

255

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Strategic Equity Allocation Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Road and rail (continued)
Old Dominion Freight Line, Inc.	12,103	$	3,461,216
Ryder System, Inc.	14,601		1,207,649
Saia, Inc. (A)	11,571		2,754,245
Tobu Railway Company, Ltd.	31,373		844,743
Tokyu Corp.	83,108		1,233,609
U.S. Xpress Enterprises, Inc., Class A (A)	5,913		51,029
Union Pacific Corp.	84,137		16,491,693
Werner Enterprises, Inc.	26,982		1,194,493
West Japan Railway Company	27,025		1,358,467
XPO Logistics, Inc. (A)	26,766		2,130,038
Yellow Corp. (A)	10,135		57,263
			74,604,561
Trading companies and distributors – 0.7%
Alta Equipment Group, Inc. (A)	3,897		53,506
Applied Industrial Technologies, Inc.	6,510		586,746
Ashtead Group PLC	74,602		5,639,415
Beacon Roofing Supply, Inc. (A)	9,444		451,045
BlueLinx Holdings, Inc. (A)	1,646		80,456
Boise Cascade Company	6,550		353,569
Brenntag SE	25,681		2,385,626
Bunzl PLC	56,020		1,848,351
CAI International, Inc.	2,727		152,467
Custom Truck One Source, Inc. (A)(C)	8,004		74,677
DXP Enterprises, Inc. (A)	3,534		104,500
Fastenal Company	74,153		3,827,036
Ferguson PLC	37,118		5,152,789
GATX Corp.	15,480		1,386,389
Global Industrial, Inc.	2,153		81,577
GMS, Inc. (A)	7,184		314,659
H&E Equipment Services, Inc.	5,556		192,849
Herc Holdings, Inc. (A)	4,178		682,936
ITOCHU Corp.	197,604		5,755,410
Marubeni Corp.	259,959		2,150,698
McGrath RentCorp	4,076		293,268
Mitsubishi Corp.	209,906		6,591,557
Mitsui & Company, Ltd.	252,403		5,519,291
MonotaRO Company, Ltd.	41,700		934,503
MRC Global, Inc. (A)	14,868		109,131
MSC Industrial Direct Company, Inc., Class A	12,759		1,023,144
NOW, Inc. (A)	19,761		151,172
Reece, Ltd.	48,319		651,660
Rush Enterprises, Inc., Class A	6,559		296,204
Rush Enterprises, Inc., Class B	1,579		72,271
Sumitomo Corp.	187,138		2,636,199
Textainer Group Holdings, Ltd. (A)	7,985		278,756
Titan Machinery, Inc. (A)	3,505		90,815
Toyota Tsusho Corp.	35,282		1,481,610
Transcat, Inc. (A)	1,357		87,499
Triton International, Ltd.	11,119		578,633
United Rentals, Inc. (A)	9,340		3,277,686
Univar Solutions, Inc. (A)	46,404		1,105,343
Veritiv Corp. (A)	2,488		222,825
W.W. Grainger, Inc.	5,644		2,218,431
Watsco, Inc.	8,952		2,368,878
WESCO International, Inc. (A)	7,408		854,291
			62,117,868
Transportation infrastructure – 0.1%
Aena SME SA (A)(B)	12,466		2,150,434
Aeroports de Paris (A)	4,935		628,526
Atlantia SpA (A)	82,356		1,554,196
Auckland International Airport, Ltd. (A)	208,063		1,118,413
Getlink SE	73,136		1,142,504
Macquarie Infrastructure Holdings LLC	12,075		489,762

Strategic Equity Allocation Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Transportation infrastructure (continued)
Sydney Airport (A)	219,800	$	1,290,848
Transurban Group	455,122		4,586,933
			12,961,616
			1,003,536,875
Information technology – 19.3%
Communications equipment – 0.6%
ADTRAN, Inc.	8,339		156,440
Arista Networks, Inc. (A)	7,226		2,483,143
Aviat Networks, Inc. (A)	1,802		59,214
CalAmp Corp. (A)	7,023		69,879
Calix, Inc. (A)	9,309		460,144
Cambium Networks Corp. (A)	1,840		66,590
Ciena Corp. (A)	42,022		2,157,830
Cisco Systems, Inc.	543,720		29,594,680
Clearfield, Inc. (A)	2,092		92,362
Comtech Telecommunications Corp.	4,709		120,597
Digi International, Inc. (A)	5,959		125,258
EchoStar Corp., Class A (A)	6,593		168,187
Extreme Networks, Inc. (A)	21,249		209,303
F5 Networks, Inc. (A)	7,781		1,546,707
Harmonic, Inc. (A)	15,771		137,996
Infinera Corp. (A)	31,075		258,544
Inseego Corp. (A)(C)	15,028		100,086
Juniper Networks, Inc.	41,951		1,154,492
Lumentum Holdings, Inc. (A)	20,608		1,721,592
Motorola Solutions, Inc.	21,846		5,075,263
NETGEAR, Inc. (A)	5,067		161,688
NetScout Systems, Inc. (A)	31,733		855,204
Nokia OYJ (A)	896,196		4,942,794
Plantronics, Inc. (A)	7,197		185,035
Ribbon Communications, Inc. (A)	13,068		78,147
Telefonaktiebolaget LM Ericsson, B Shares (C)	485,153		5,475,884
ViaSat, Inc. (A)	19,909		1,096,389
Viavi Solutions, Inc. (A)	38,308		602,968
			59,156,416
Electronic equipment, instruments and components – 1.3%
908 Devices, Inc. (A)	2,327		75,674
Advanced Energy Industries, Inc.	6,491		569,585
Aeva Technologies, Inc. (A)(C)	13,470		106,952
Akoustis Technologies, Inc. (A)	8,479		82,246
Amphenol Corp., Class A	77,178		5,651,745
Arlo Technologies, Inc. (A)	15,940		102,175
Arrow Electronics, Inc. (A)	19,500		2,189,655
Avnet, Inc.	27,017		998,818
Azbil Corp.	20,500		882,639
Badger Meter, Inc.	4,813		486,787
Belden, Inc.	19,574		1,140,381
Benchmark Electronics, Inc.	6,022		160,848
CDW Corp.	17,740		3,229,035
Cognex Corp.	47,979		3,848,875
Coherent, Inc. (A)	6,662		1,666,100
Corning, Inc.	99,169		3,618,677
CTS Corp.	5,357		165,585
Daktronics, Inc. (A)	10,067		54,664
ePlus, Inc. (A)	2,181		223,792
Fabrinet (A)	6,176		633,102
FARO Technologies, Inc. (A)	3,098		203,879
Halma PLC	63,104		2,407,008
Hamamatsu Photonics KK	23,300		1,441,308
Hexagon AB, B Shares	327,463		5,065,195
Hirose Electric Company, Ltd.	5,375		893,251
Ibiden Company, Ltd.	17,600		968,093
Identiv, Inc. (A)	4,251		80,089

 

256

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Strategic Equity Allocation Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Electronic equipment, instruments and components (continued)
II-VI, Inc. (A)	46,053	$	2,733,706
Insight Enterprises, Inc. (A)	5,689		512,465
IPG Photonics Corp. (A)	4,624		732,442
Itron, Inc. (A)	7,658		579,175
Jabil, Inc.	39,595		2,311,160
Keyence Corp.	32,300		19,278,933
Keysight Technologies, Inc. (A)	23,769		3,905,009
Kimball Electronics, Inc. (A)	4,344		111,945
Knowles Corp. (A)	14,948		280,126
Kyocera Corp.	53,363		3,335,790
Littelfuse, Inc.	6,684		1,826,537
Luna Innovations, Inc. (A)	6,316		60,002
Methode Electronics, Inc.	6,290		264,495
MicroVision, Inc. (A)(C)	27,823		307,444
Murata Manufacturing Company, Ltd.	95,439		8,441,813
Napco Security Technologies, Inc. (A)	2,592		111,663
National Instruments Corp.	36,107		1,416,478
nLight, Inc. (A)	7,448		209,959
Novanta, Inc. (A)	5,882		908,769
Omron Corp.	30,818		3,049,519
OSI Systems, Inc. (A)	2,806		266,009
PAR Technology Corp. (A)(C)	4,126		253,790
PC Connection, Inc.	1,716		75,555
Plexus Corp. (A)	4,635		414,415
Rogers Corp. (A)	3,112		580,326
Sanmina Corp. (A)	10,677		411,492
ScanSource, Inc. (A)	4,317		150,188
Shimadzu Corp.	39,392		1,729,945
SYNNEX Corp.	11,281		1,174,352
TDK Corp.	64,563		2,328,319
TE Connectivity, Ltd.	42,318		5,806,876
Teledyne Technologies, Inc. (A)	6,013		2,583,065
Trimble, Inc. (A)	32,464		2,670,164
TTM Technologies, Inc. (A)	17,399		218,705
Velodyne Lidar, Inc. (A)(C)	13,728		81,270
Venture Corp., Ltd.	46,000		604,609
Vishay Intertechnology, Inc.	58,231		1,169,861
Vishay Precision Group, Inc. (A)	2,395		83,274
Vontier Corp.	45,866		1,541,098
Yokogawa Electric Corp.	37,992		662,639
Zebra Technologies Corp., Class A (A)	6,890		3,551,244
			113,680,784
IT services – 3.4%
Accenture PLC, Class A	81,817		26,174,895
Adyen NV (A)(B)	3,285		9,182,763
Afterpay, Ltd. (A)	36,085		3,134,886
Akamai Technologies, Inc. (A)	21,008		2,197,227
Alliance Data Systems Corp.	13,510		1,363,024
Amadeus IT Group SA (A)	74,881		4,925,056
Atos SE	16,455		874,119
Automatic Data Processing, Inc.	54,586		10,912,833
Bechtle AG	13,613		931,061
BigCommerce Holdings, Inc., Series 1 (A)	8,258		418,185
Brightcove, Inc. (A)	7,687		88,708
Broadridge Financial Solutions, Inc.	14,988		2,497,600
Cantaloupe, Inc. (A)	10,720		115,562
Capgemini SE	26,652		5,527,003
Cass Information Systems, Inc.	2,618		109,563
Cognizant Technology Solutions Corp., Class A	67,813		5,032,403
Computershare, Ltd.	90,316		1,167,880
Concentrix Corp. (A)	11,626		2,057,802
Conduent, Inc. (A)	28,619		188,599

Strategic Equity Allocation Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
IT services (continued)
CSG Systems International, Inc.	5,471	$	263,702
DigitalOcean Holdings, Inc. (A)(C)	8,337		647,201
DXC Technology Company (A)	32,501		1,092,359
Edenred	40,987		2,206,430
EVERTEC, Inc.	10,046		459,303
EVO Payments, Inc., Class A (A)	8,257		195,526
ExlService Holdings, Inc. (A)	5,450		671,004
Fidelity National Information Services, Inc.	79,695		9,697,288
Fiserv, Inc. (A)	76,894		8,342,999
FleetCor Technologies, Inc. (A)	10,658		2,784,616
Flywire Corp. (A)(C)	2,104		92,239
Fujitsu, Ltd.	32,723		5,913,391
Gartner, Inc. (A)	10,792		3,279,473
Genpact, Ltd.	46,896		2,228,029
Global Payments, Inc.	37,900		5,972,282
GMO Payment Gateway, Inc.	6,900		871,204
GreenSky, Inc., Class A (A)	12,707		142,064
Grid Dynamics Holdings, Inc. (A)	7,063		206,381
i3 Verticals, Inc., Class A (A)	3,961		95,896
IBM Corp.	115,644		16,066,421
International Money Express, Inc. (A)	5,941		99,215
Itochu Techno-Solutions Corp.	16,000		519,594
Jack Henry & Associates, Inc.	9,584		1,572,351
Limelight Networks, Inc. (A)	26,427		62,896
LiveRamp Holdings, Inc. (A)	29,598		1,397,914
Mastercard, Inc., Class A	112,397		39,078,189
MAXIMUS, Inc.	26,845		2,233,504
MoneyGram International, Inc. (A)	15,462		124,005
NEC Corp.	40,784		2,210,126
Nexi SpA (A)(B)	73,043		1,362,082
Nomura Research Institute, Ltd.	55,800		2,051,024
NTT Data Corp.	104,910		2,028,353
Obic Company, Ltd.	11,600		2,205,832
Otsuka Corp.	18,900		971,891
Paya Holdings, Inc. (A)	14,560		158,267
Paychex, Inc.	41,319		4,646,322
PayPal Holdings, Inc. (A)	151,603		39,448,617
Perficient, Inc. (A)	5,453		630,912
Rackspace Technology, Inc. (A)	9,552		135,829
Repay Holdings Corp. (A)	14,966		344,667
Sabre Corp. (A)	87,607		1,037,267
SCSK Corp.	26,100		552,035
The Hackett Group, Inc.	4,708		92,371
The Western Union Company	52,426		1,060,054
TIS, Inc.	37,200		1,015,340
TTEC Holdings, Inc.	3,070		287,137
Tucows, Inc., Class A (A)(C)	1,671		131,925
Unisys Corp. (A)	11,030		277,294
VeriSign, Inc. (A)	12,557		2,574,311
Verra Mobility Corp. (A)	22,746		342,782
Visa, Inc., Class A	217,741		48,501,808
WEX, Inc. (A)	12,163		2,142,391
Wix.com, Ltd. (A)	9,300		1,822,521
Worldline SA (A)(B)	39,493		3,010,394
			302,256,197
Semiconductors and semiconductor equipment – 4.4%
Advanced Micro Devices, Inc. (A)	156,498		16,103,644
Advantest Corp.	33,200		2,958,436
Alpha & Omega Semiconductor, Ltd. (A)	3,805		119,363
Ambarella, Inc. (A)	5,870		914,194
Amkor Technology, Inc.	44,160		1,101,792
Analog Devices, Inc.	69,400		11,623,112
Applied Materials, Inc.	117,922		15,180,099
ASM International NV	7,863		3,079,295

 

257

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Strategic Equity Allocation Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Semiconductors and semiconductor equipment (continued)
ASML Holding NV	69,728	$	52,090,873
Atomera, Inc. (A)(C)	3,814		88,065
Axcelis Technologies, Inc. (A)	5,614		264,026
AXT, Inc. (A)	8,350		69,556
Broadcom, Inc.	52,932		25,668,315
Brooks Automation, Inc.	20,173		2,064,707
CEVA, Inc. (A)	3,899		166,370
Cirrus Logic, Inc. (A)	15,639		1,287,872
CMC Materials, Inc.	12,849		1,583,382
Cohu, Inc. (A)	8,231		262,898
Diodes, Inc. (A)	7,235		655,419
Disco Corp.	4,800		1,344,420
DSP Group, Inc. (A)	4,108		90,006
Enphase Energy, Inc. (A)	17,369		2,604,829
First Solar, Inc. (A)	26,847		2,562,815
FormFactor, Inc. (A)	13,084		488,426
Ichor Holdings, Ltd. (A)	4,715		193,739
Impinj, Inc. (A)	3,190		182,245
Infineon Technologies AG	217,068		8,877,684
Intel Corp.	523,437		27,888,723
KLA Corp.	19,706		6,591,854
Kopin Corp. (A)(C)	14,258		73,144
Kulicke & Soffa Industries, Inc.	10,229		596,146
Lam Research Corp.	18,386		10,464,392
Lasertec Corp.	12,500		2,845,719
Lattice Semiconductor Corp. (A)	59,740		3,862,191
MACOM Technology Solutions Holdings, Inc. (A)	8,192		531,415
MaxLinear, Inc. (A)	11,936		587,848
Meta Materials, Inc. (A)(C)	37,372		216,010
Microchip Technology, Inc.	35,357		5,426,946
Micron Technology, Inc.	145,246		10,309,561
MKS Instruments, Inc.	15,056		2,272,101
Monolithic Power Systems, Inc.	5,569		2,699,183
NeoPhotonics Corp. (A)	9,455		82,353
NVE Corp.	1,034		66,145
NVIDIA Corp.	321,519		66,605,876
NXP Semiconductors NV	34,208		6,700,321
Onto Innovation, Inc. (A)	8,180		591,005
PDF Solutions, Inc. (A)	5,377		123,886
Photronics, Inc. (A)	10,143		138,249
Power Integrations, Inc.	10,089		998,710
Qorvo, Inc. (A)	14,340		2,397,505
QUALCOMM, Inc.	145,535		18,771,104
Rambus, Inc. (A)	18,246		405,061
Renesas Electronics Corp. (A)	208,400		2,564,852
Rohm Company, Ltd.	14,542		1,371,348
Semtech Corp. (A)	28,463		2,219,260
Silicon Laboratories, Inc. (A)	18,429		2,583,009
SiTime Corp. (A)	2,187		446,520
Skyworks Solutions, Inc.	21,307		3,510,967
SMART Global Holdings, Inc. (A)	3,009		133,901
SolarEdge Technologies, Inc. (A)	14,192		3,764,002
STMicroelectronics NV	113,514		4,956,215
SUMCO Corp.	45,800		913,736
SunPower Corp. (A)(C)	13,521		306,656
Synaptics, Inc. (A)	15,461		2,778,806
Teradyne, Inc.	21,285		2,323,683
Texas Instruments, Inc.	119,113		22,894,710
Tokyo Electron, Ltd.	24,860		10,982,613
Ultra Clean Holdings, Inc. (A)	7,483		318,776
Universal Display Corp.	11,770		2,012,199
Veeco Instruments, Inc. (A)	8,511		189,029
Wolfspeed, Inc. (A)	31,352		2,531,047

Strategic Equity Allocation Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Semiconductors and semiconductor equipment (continued)
Xilinx, Inc.	31,928	$	4,820,809
			394,493,168
Software – 6.1%
8x8, Inc. (A)	18,734		438,188
A10 Networks, Inc. (A)	10,266		138,386
ACI Worldwide, Inc. (A)	51,612		1,586,037
Adobe, Inc. (A)	61,465		35,386,630
Agilysys, Inc. (A)	3,417		178,914
Alarm.com Holdings, Inc. (A)	7,910		618,483
Altair Engineering, Inc., Class A (A)	7,777		536,146
American Software, Inc., Class A	5,537		131,504
ANSYS, Inc. (A)	11,257		3,832,446
Appfolio, Inc., Class A (A)	3,178		382,631
Appian Corp. (A)(C)	6,615		611,954
Asana, Inc., Class A (A)	12,406		1,288,239
Aspen Technology, Inc. (A)	18,439		2,264,309
Autodesk, Inc. (A)	28,386		8,094,836
Avaya Holdings Corp. (A)	14,032		277,693
AVEVA Group PLC	20,024		967,783
Benefitfocus, Inc. (A)	4,996		55,456
Blackbaud, Inc. (A)	19,522		1,373,373
Blackline, Inc. (A)	8,982		1,060,415
Bottomline Technologies DE, Inc. (A)	7,532		295,857
Box, Inc., Class A (A)	23,911		565,973
BTRS Holdings, Inc. (A)	11,174		118,891
Cadence Design Systems, Inc. (A)	35,710		5,407,922
CDK Global, Inc.	33,064		1,406,873
Cerence, Inc. (A)	16,660		1,601,193
Ceridian HCM Holding, Inc. (A)	17,402		1,959,813
ChannelAdvisor Corp. (A)	5,027		126,831
Check Point Software Technologies, Ltd. (A)	18,226		2,060,267
Citrix Systems, Inc.	16,028		1,720,926
Cleanspark, Inc. (A)(C)	6,107		70,780
Cloudera, Inc. (A)	38,923		621,600
CommVault Systems, Inc. (A)	20,122		1,515,388
Cornerstone OnDemand, Inc. (A)	10,519		602,318
Couchbase, Inc. (A)	1,670		51,954
CS Disco, Inc. (A)	2,191		105,037
CyberArk Software, Ltd. (A)	6,600		1,041,612
Dassault Systemes SE	110,295		5,804,331
Digimarc Corp. (A)(C)	2,422		83,414
Digital Turbine, Inc. (A)	38,992		2,680,700
Domo, Inc., Class B (A)	4,655		393,068
Ebix, Inc.	4,600		123,878
eGain Corp. (A)	3,659		37,322
Envestnet, Inc. (A)	23,926		1,919,822
EverCommerce, Inc. (A)(C)	2,903		47,870
Fair Isaac Corp. (A)	7,708		3,067,244
Fortinet, Inc. (A)	17,489		5,107,488
GTY Technology Holdings, Inc. (A)	5,567		41,864
Intapp, Inc. (A)	1,771		45,621
Intelligent Systems Corp. (A)	1,447		58,763
InterDigital, Inc.	5,167		350,426
Intuit, Inc.	35,256		19,020,965
j2 Global, Inc. (A)	20,314		2,775,299
JFrog, Ltd. (A)	9,059		303,477
LivePerson, Inc. (A)	10,891		642,024
Manhattan Associates, Inc. (A)	17,214		2,634,258
Marathon Digital Holdings, Inc. (A)(C)	16,075		507,649
MeridianLink, Inc. (A)	2,278		50,936
Microsoft Corp.	969,576		273,342,866
MicroStrategy, Inc., Class A (A)(C)	1,313		759,439
Mimecast, Ltd. (A)	26,829		1,706,324
Mitek Systems, Inc. (A)	7,333		135,661

 

258

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Strategic Equity Allocation Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Software (continued)
Model N, Inc. (A)	6,071	$	203,379
Momentive Global, Inc. (A)	22,049		432,160
NCR Corp. (A)	35,677		1,382,841
Nemetschek SE	9,599		1,002,614
Nice, Ltd. (A)	10,492		2,970,934
NortonLifeLock, Inc.	74,996		1,897,399
ON24, Inc. (A)	4,791		95,533
OneSpan, Inc. (A)	6,334		118,953
Oracle Corp.	212,533		18,518,000
Oracle Corp. Japan	6,406		562,742
PagerDuty, Inc. (A)	13,673		566,336
Paycom Software, Inc. (A)	6,202		3,074,642
Paylocity Holding Corp. (A)	10,674		2,992,990
Ping Identity Holding Corp. (A)	8,459		207,838
Progress Software Corp.	7,293		358,743
PROS Holdings, Inc. (A)	6,945		246,409
PTC, Inc. (A)	13,630		1,632,738
Q2 Holdings, Inc. (A)	9,202		737,448
QAD, Inc., Class A	2,006		175,304
Qualys, Inc. (A)	14,788		1,645,757
Rapid7, Inc. (A)	9,318		1,053,120
Rekor Systems, Inc. (A)(C)	5,836		67,056
Rimini Street, Inc. (A)	7,656		73,880
Riot Blockchain, Inc. (A)(C)	14,215		365,326
Sailpoint Technologies Holdings, Inc. (A)	40,642		1,742,729
salesforce.com, Inc. (A)	125,347		33,996,613
SAP SE	173,570		23,471,719
Sapiens International Corp. NV	5,290		152,246
SecureWorks Corp., Class A (A)	2,011		39,979
ServiceNow, Inc. (A)	25,559		15,904,599
ShotSpotter, Inc. (A)	1,614		58,701
Sinch AB (A)(B)	84,085		1,630,576
Smith Micro Software, Inc. (A)	9,995		48,376
Sprout Social, Inc., Class A (A)	7,512		916,088
SPS Commerce, Inc. (A)	6,021		971,248
Sumo Logic, Inc. (A)	14,641		236,013
Synopsys, Inc. (A)	19,685		5,893,886
TeamViewer AG (A)(B)	26,737		782,206
Telos Corp. (A)	6,796		193,142
Temenos AG	11,101		1,506,256
Tenable Holdings, Inc. (A)	15,338		707,695
Teradata Corp. (A)	29,622		1,698,822
The Sage Group PLC	178,594		1,700,510
Trend Micro, Inc.	22,264		1,239,840
Tyler Technologies, Inc. (A)	5,270		2,417,086
Upland Software, Inc. (A)	4,985		166,698
Varonis Systems, Inc. (A)	17,775		1,081,609
Verint Systems, Inc. (A)	10,600		474,774
Veritone, Inc. (A)	4,990		119,211
VirnetX Holding Corp. (A)(C)	12,700		49,784
Vonage Holdings Corp. (A)	40,699		656,068
WiseTech Global, Ltd.	24,304		921,686
Workiva, Inc. (A)	7,179		1,011,952
Xero, Ltd. (A)	22,130		2,171,584
Xperi Holding Corp.	17,806		335,465
Yext, Inc. (A)	19,250		231,578
Zix Corp. (A)	10,586		74,843
Zuora, Inc., Class A (A)	18,999		315,003
			543,438,094
Technology hardware, storage and peripherals – 3.5%
3D Systems Corp. (A)	20,373		561,684
Apple, Inc.	2,026,096		286,692,532
Avid Technology, Inc. (A)	6,151		177,887
Brother Industries, Ltd.	39,236		863,397
Canon, Inc.	166,277		4,068,474

Strategic Equity Allocation Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Technology hardware, storage and peripherals (continued)
Corsair Gaming, Inc. (A)(C)	4,539	$	117,696
Diebold Nixdorf, Inc. (A)	12,795		129,357
Eastman Kodak Company (A)	8,827		60,112
FUJIFILM Holdings Corp.	59,838		5,166,996
Hewlett Packard Enterprise Company	168,492		2,401,011
HP, Inc.	154,986		4,240,417
Logitech International SA	28,774		2,559,939
NetApp, Inc.	28,903		2,594,333
Quantum Corp. (A)	11,787		61,057
Ricoh Company, Ltd.	111,477		1,140,661
Seagate Technology Holdings PLC	27,016		2,229,360
Seiko Epson Corp. (C)	46,547		939,783
Super Micro Computer, Inc. (A)	7,188		262,865
Turtle Beach Corp. (A)	2,781		77,367
Western Digital Corp. (A)	39,539		2,231,581
Xerox Holdings Corp.	37,316		752,664
			317,329,173
			1,730,353,832
Materials – 4.2%
Chemicals – 2.3%
AdvanSix, Inc. (A)	4,548		180,783
Air Liquide SA	78,747		12,612,124
Air Products & Chemicals, Inc.	28,561		7,314,758
Akzo Nobel NV	31,678		3,461,284
Albemarle Corp.	15,089		3,304,038
American Vanguard Corp.	5,847		87,997
Amyris, Inc. (A)	28,904		396,852
Arkema SA	10,204		1,345,569
Asahi Kasei Corp.	208,557		2,234,911
Ashland Global Holdings, Inc.	15,336		1,366,744
Avient Corp.	39,938		1,851,126
Balchem Corp.	5,315		771,047
BASF SE	152,667		11,573,719
Cabot Corp.	24,727		1,239,317
Celanese Corp.	14,336		2,159,575
CF Industries Holdings, Inc.	27,752		1,549,117
Chase Corp.	1,214		124,010
Chr. Hansen Holding A/S	17,533		1,429,507
Clariant AG (A)	35,864		673,178
Corteva, Inc.	94,726		3,986,070
Covestro AG (B)	32,113		2,188,526
Croda International PLC	23,191		2,657,158
Danimer Scientific, Inc. (A)(C)	11,296		184,577
Dow, Inc.	96,220		5,538,423
DuPont de Nemours, Inc.	67,485		4,588,305
Eastman Chemical Company	17,519		1,764,864
Ecolab, Inc.	32,113		6,699,414
Ecovyst, Inc.	8,774		102,305
EMS-Chemie Holding AG	1,166		1,101,663
Evonik Industries AG	34,856		1,092,986
Ferro Corp. (A)	13,511		274,814
FMC Corp.	16,605		1,520,354
FutureFuel Corp.	6,079		43,343
GCP Applied Technologies, Inc. (A)	8,443		185,071
Givaudan SA	1,535		6,998,202
Hawkins, Inc.	3,382		117,964
HB Fuller Company	8,602		555,345
ICL Group, Ltd.	117,397		855,516
Ingevity Corp. (A)	17,396		1,241,553
Innospec, Inc.	4,054		341,428
International Flavors & Fragrances, Inc.	32,135		4,297,092
Intrepid Potash, Inc. (A)	2,036		62,912
Johnson Matthey PLC	32,169		1,154,127
JSR Corp.	33,790		1,214,614
Kansai Paint Company, Ltd.	29,454		730,656

 

259

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Strategic Equity Allocation Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Chemicals (continued)
Koninklijke DSM NV	29,053	$	5,809,899
Koppers Holdings, Inc. (A)	3,799		118,757
Kraton Corp. (A)	5,341		243,763
LANXESS AG	13,809		933,273
Linde PLC	66,628		19,547,323
Livent Corp. (A)	27,294		630,764
LyondellBasell Industries NV, Class A	34,096		3,199,910
Minerals Technologies, Inc.	14,566		1,017,289
Mitsubishi Chemical Holdings Corp.	212,859		1,937,813
Mitsubishi Gas Chemical Company, Inc.	26,270		518,034
Mitsui Chemicals, Inc.	30,618		1,022,917
NewMarket Corp.	1,958		663,312
Nippon Paint Holdings Company, Ltd.	118,200		1,287,218
Nippon Sanso Holdings Corp.	25,157		630,461
Nissan Chemical Corp.	20,300		1,187,271
Nitto Denko Corp.	23,687		1,686,195
Novozymes A/S, B Shares	34,146		2,340,751
Olin Corp.	39,211		1,891,931
Orica, Ltd.	67,638		660,645
Orion Engineered Carbons SA (A)	10,327		188,261
PPG Industries, Inc.	30,624		4,379,538
PureCycle Technologies, Inc. (A)(C)	6,087		80,835
Quaker Chemical Corp.	2,243		533,206
Rayonier Advanced Materials, Inc. (A)	11,369		85,268
RPM International, Inc.	35,236		2,736,075
Sensient Technologies Corp.	18,391		1,675,052
Shin-Etsu Chemical Company, Ltd.	58,846		9,931,368
Sika AG	23,567		7,451,248
Solvay SA	12,319		1,528,141
Stepan Company	3,433		387,723
Sumitomo Chemical Company, Ltd.	247,644		1,285,334
Symrise AG	21,385		2,802,954
The Chemours Company	44,845		1,303,196
The Mosaic Company	44,603		1,593,219
The Scotts Miracle-Gro Company	11,060		1,618,742
The Sherwin-Williams Company	31,254		8,742,681
Toray Industries, Inc.	230,472		1,464,463
Tosoh Corp.	43,200		782,859
Tredegar Corp.	5,560		67,721
Trinseo SA	6,493		350,492
Tronox Holdings PLC, Class A	19,215		473,650
Umicore SA	32,765		1,938,364
Valvoline, Inc.	49,080		1,530,314
Yara International ASA	28,970		1,435,065
Zymergen, Inc. (A)(C)	3,576		47,096
			202,913,329
Construction materials – 0.2%
CRH PLC	130,276		6,148,356
Eagle Materials, Inc.	11,372		1,491,552
Forterra, Inc. (A)	5,018		118,224
HeidelbergCement AG	24,736		1,845,389
Holcim, Ltd. (A)	87,022		4,193,154
James Hardie Industries PLC, CHESS Depositary Interest	73,849		2,619,512
Martin Marietta Materials, Inc.	8,048		2,749,841
Summit Materials, Inc., Class A (A)	19,905		636,363
United States Lime & Minerals, Inc.	380		45,904
Vulcan Materials Company	17,118		2,895,681
			22,743,976
Containers and packaging – 0.3%
Amcor PLC	198,923		2,305,518
AptarGroup, Inc.	17,909		2,137,439
Avery Dennison Corp.	10,694		2,215,904
Ball Corp.	42,139		3,791,246
Greif, Inc., Class A	11,136		719,386

Strategic Equity Allocation Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Containers and packaging (continued)
Greif, Inc., Class B	1,195	$	77,436
International Paper Company	50,426		2,819,822
Myers Industries, Inc.	6,312		123,526
O-I Glass, Inc. (A)	26,436		377,242
Packaging Corp. of America	12,256		1,684,465
Pactiv Evergreen, Inc.	7,348		91,997
Ranpak Holdings Corp. (A)	6,429		172,426
Sealed Air Corp.	19,338		1,059,529
Silgan Holdings, Inc.	22,783		873,956
Smurfit Kappa Group PLC	40,902		2,153,425
Sonoco Products Company	26,697		1,590,607
UFP Technologies, Inc. (A)	1,322		81,422
Westrock Company	34,449		1,716,594
			23,991,940
Metals and mining – 1.3%
1911 Gold Corp. (A)	3,149		790
Allegheny Technologies, Inc. (A)	21,486		357,312
Anglo American PLC	215,246		7,544,081
Antofagasta PLC	65,547		1,191,171
ArcelorMittal SA	119,150		3,647,492
Arconic Corp. (A)	18,536		584,625
BHP Group PLC	351,064		8,844,827
BHP Group, Ltd. (C)	489,654		13,077,601
BlueScope Steel, Ltd.	83,742		1,213,387
Boliden AB	45,463		1,455,745
Carpenter Technology Corp.	8,082		264,605
Century Aluminum Company (A)	8,913		119,880
Cleveland-Cliffs, Inc. (A)	123,474		2,446,020
Coeur Mining, Inc. (A)	44,140		272,344
Commercial Metals Company	52,593		1,601,983
Compass Minerals International, Inc.	14,914		960,462
Constellium SE (A)	20,537		385,685
Evolution Mining, Ltd.	301,281		761,794
Evraz PLC	84,861		673,287
Fortescue Metals Group, Ltd.	281,478		2,998,305
Freeport-McMoRan, Inc.	189,410		6,161,507
Gatos Silver, Inc. (A)	8,253		95,982
Glencore PLC (A)	1,661,056		7,813,780
Haynes International, Inc.	2,289		85,265
Hecla Mining Company	89,924		494,582
Hitachi Metals, Ltd. (A)	35,664		688,721
JFE Holdings, Inc.	81,733		1,225,690
Kaiser Aluminum Corp.	2,641		287,763
Materion Corp.	3,385		232,346
MP Materials Corp. (A)(C)	12,211		393,561
Newcrest Mining, Ltd.	135,848		2,252,049
Newmont Corp.	103,104		5,598,547
Nippon Steel Corp.	142,200		2,557,605
Norsk Hydro ASA	223,538		1,668,486
Northern Star Resources, Ltd.	183,716		1,125,196
Novagold Resources, Inc. (A)	40,561		279,060
Nucor Corp.	37,893		3,732,082
Reliance Steel & Aluminum Company	17,237		2,454,894
Rio Tinto PLC	186,659		12,235,895
Rio Tinto, Ltd.	61,703		4,392,697
Royal Gold, Inc.	17,813		1,700,963
Ryerson Holding Corp.	2,862		63,737
Schnitzer Steel Industries, Inc., Class A	4,335		189,916
South32, Ltd.	784,359		1,946,413
Steel Dynamics, Inc.	52,649		3,078,914
Sumitomo Metal Mining Company, Ltd.	41,107		1,486,453
SunCoke Energy, Inc.	14,570		91,500
TimkenSteel Corp. (A)	7,976		104,326
U.S. Steel Corp.	73,344		1,611,368
voestalpine AG	19,290		712,547

 

260

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Strategic Equity Allocation Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Metals and mining (continued)
Warrior Met Coal, Inc.	8,578	$	199,610
Worthington Industries, Inc.	14,521		765,257
			114,128,108
Paper and forest products – 0.1%
Clearwater Paper Corp. (A)	2,955		113,265
Domtar Corp. (A)	8,254		450,173
Glatfelter Corp.	7,783		109,740
Louisiana-Pacific Corp.	25,855		1,586,721
Mondi PLC	80,708		1,977,829
Neenah, Inc.	2,993		139,504
Oji Holdings Corp.	134,938		679,915
Schweitzer-Mauduit International, Inc.	5,313		184,149
Stora Enso OYJ, R Shares	96,697		1,610,626
Svenska Cellulosa AB SCA, B Shares	100,706		1,560,748
UPM-Kymmene OYJ	88,716		3,140,032
Verso Corp., Class A	4,845		100,534
			11,653,236
			375,430,589
Real estate – 3.3%
Equity real estate investment trusts – 2.7%
Acadia Realty Trust	14,795		301,966
Agree Realty Corp.	10,935		724,225
Alexander & Baldwin, Inc.	12,077		283,085
Alexander's, Inc.	364		94,866
Alexandria Real Estate Equities, Inc.	17,889		3,418,051
American Assets Trust, Inc.	8,337		311,971
American Campus Communities, Inc.	37,770		1,829,957
American Finance Trust, Inc.	20,788		167,136
American Tower Corp.	58,722		15,585,406
Apartment Income REIT Corp.	42,618		2,080,185
Apartment Investment and Management Company, Class A	25,626		175,538
Apple Hospitality REIT, Inc.	35,576		559,610
Armada Hoffler Properties, Inc.	10,977		146,762
Ascendas Real Estate Investment Trust	553,678		1,220,401
Ashford Hospitality Trust, Inc. (A)	3,478		51,196
AvalonBay Communities, Inc.	18,014		3,992,623
Boston Properties, Inc.	18,336		1,986,706
Braemar Hotels & Resorts, Inc. (A)	11,031		53,500
Brandywine Realty Trust	28,017		375,988
Brixmor Property Group, Inc.	80,635		1,782,840
Broadstone Net Lease, Inc.	25,736		638,510
BRT Apartments Corp.	2,154		41,529
Camden Property Trust	27,308		4,027,111
CapitaLand Integrated Commercial Trust	821,330		1,223,008
CareTrust REIT, Inc.	16,374		332,720
CatchMark Timber Trust, Inc., Class A	9,831		116,694
Centerspace	2,323		219,524
Chatham Lodging Trust (A)	8,658		106,061
City Office REIT, Inc.	7,822		139,701
Columbia Property Trust, Inc.	19,196		365,108
Community Healthcare Trust, Inc.	3,965		179,178
CorePoint Lodging, Inc. (A)	7,046		109,213
CoreSite Realty Corp.	12,002		1,662,757
Corporate Office Properties Trust	48,873		1,318,594
Cousins Properties, Inc.	40,371		1,505,435
Covivio	8,646		726,585
Crown Castle International Corp.	55,762		9,664,670
CTO Realty Growth, Inc.	1,404		75,479
CyrusOne, Inc.	33,673		2,606,627
Daiwa House REIT Investment Corp.	329		966,160
Dexus	178,779		1,375,988
DiamondRock Hospitality Company (A)	35,901		339,264
Digital Realty Trust, Inc.	36,460		5,266,647

Strategic Equity Allocation Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Equity real estate investment trusts (continued)
DigitalBridge Group, Inc. (A)	81,924	$	494,002
Diversified Healthcare Trust	42,153		142,899
Douglas Emmett, Inc.	47,644		1,506,027
Duke Realty Corp.	48,814		2,336,726
Easterly Government Properties, Inc.	14,012		289,488
EastGroup Properties, Inc.	17,403		2,899,862
Empire State Realty Trust, Inc., Class A	24,364		244,371
EPR Properties	20,311		1,002,957
Equinix, Inc.	11,580		9,149,705
Equity Commonwealth (A)	18,022		468,212
Equity Residential	43,965		3,557,648
Essential Properties Realty Trust, Inc.	19,569		546,366
Essex Property Trust, Inc.	8,391		2,682,938
Extra Space Storage, Inc.	17,264		2,900,179
Farmland Partners, Inc.	5,722		68,607
Federal Realty Investment Trust	9,030		1,065,450
First Industrial Realty Trust, Inc.	35,061		1,825,977
Four Corners Property Trust, Inc.	12,551		337,120
Franklin Street Properties Corp.	20,380		94,563
Gecina SA	7,632		1,026,781
Getty Realty Corp.	6,286		184,243
Gladstone Commercial Corp.	6,625		139,324
Gladstone Land Corp.	5,151		117,288
Global Medical REIT, Inc.	10,526		154,732
Global Net Lease, Inc.	17,204		275,608
GLP J-REIT	686		1,126,450
Goodman Group	276,368		4,252,493
Healthcare Realty Trust, Inc.	63,195		1,881,947
Healthpeak Properties, Inc.	69,538		2,328,132
Hersha Hospitality Trust (A)	6,927		64,629
Highwoods Properties, Inc.	28,295		1,241,019
Host Hotels & Resorts, Inc. (A)	92,117		1,504,271
Hudson Pacific Properties, Inc.	41,400		1,087,578
Independence Realty Trust, Inc.	16,982		345,584
Indus Realty Trust, Inc.	970		67,997
Industrial Logistics Properties Trust	10,510		267,059
Innovative Industrial Properties, Inc.	3,973		918,438
Iron Mountain, Inc.	37,346		1,622,684
iStar, Inc.	11,619		291,405
Japan Metropolitan Fund Invest	1,162		1,115,759
Japan Real Estate Investment Corp.	207		1,241,636
JBG SMITH Properties	31,525		933,455
Kilroy Realty Corp.	28,457		1,884,138
Kimco Realty Corp.	79,156		1,642,487
Kite Realty Group Trust	13,978		284,592
Klepierre SA (A)	34,306		767,202
Lamar Advertising Company, Class A	23,558		2,672,655
Land Securities Group PLC	117,085		1,091,270
Lexington Realty Trust	44,589		568,510
Life Storage, Inc.	21,264		2,439,831
Link REIT	346,006		2,962,968
LTC Properties, Inc.	6,607		209,376
Mack-Cali Realty Corp. (A)	14,895		255,002
Mapletree Commercial Trust	358,700		543,600
Mapletree Logistics Trust	498,400		745,075
Medical Properties Trust, Inc.	161,742		3,246,162
Mid-America Apartment Communities, Inc.	14,969		2,795,461
Mirvac Group	654,496		1,388,357
Monmouth Real Estate Investment Corp.	15,728		293,327
National Health Investors, Inc.	7,246		387,661
National Retail Properties, Inc.	47,678		2,059,213
National Storage Affiliates Trust	35,575		1,878,004
NETSTREIT Corp.	6,719		158,904
NexPoint Residential Trust, Inc.	3,611		223,449

 

261

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Strategic Equity Allocation Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Equity real estate investment trusts (continued)
Nippon Building Fund, Inc.	247	$	1,604,703
Nippon Prologis REIT, Inc.	343		1,146,323
Nomura Real Estate Master Fund, Inc.	705		1,014,687
Office Properties Income Trust	8,480		214,798
Omega Healthcare Investors, Inc.	64,859		1,943,176
One Liberty Properties, Inc.	3,083		94,001
Orix JREIT, Inc.	436		758,801
Outfront Media, Inc.	24,561		618,937
Paramount Group, Inc.	31,119		279,760
Park Hotels & Resorts, Inc. (A)	64,211		1,228,999
Pebblebrook Hotel Trust	57,555		1,289,808
Phillips Edison & Company, Inc.	3,392		104,168
Physicians Realty Trust	94,233		1,660,385
Piedmont Office Realty Trust, Inc., Class A	20,558		358,326
Plymouth Industrial REIT, Inc.	5,238		119,165
Postal Realty Trust, Inc., Class A	3,054		56,927
PotlatchDeltic Corp.	29,253		1,508,870
Preferred Apartment Communities, Inc.	9,306		113,812
Prologis, Inc.	95,379		11,963,388
PS Business Parks, Inc.	8,626		1,352,039
Public Storage	19,669		5,843,660
Rayonier, Inc.	38,372		1,369,113
Realty Income Corp.	50,240		3,258,566
Regency Centers Corp.	19,726		1,328,152
Retail Opportunity Investments Corp.	19,935		347,268
Retail Properties of America, Inc., Class A	36,059		464,440
Retail Value, Inc.	3,222		84,835
Rexford Industrial Realty, Inc.	37,399		2,122,393
RLJ Lodging Trust	28,017		416,333
RPT Realty	13,844		176,649
Ryman Hospitality Properties, Inc. (A)	9,028		755,644
Sabra Health Care REIT, Inc.	97,111		1,429,474
Safehold, Inc.	2,879		206,971
Saul Centers, Inc.	2,112		93,055
SBA Communications Corp.	14,134		4,672,276
Scentre Group	862,737		1,836,217
Segro PLC	199,489		3,204,558
Seritage Growth Properties, Class A (A)	6,726		99,747
Service Properties Trust	28,283		317,052
Simon Property Group, Inc.	42,398		5,510,468
SITE Centers Corp.	28,890		446,062
SL Green Realty Corp.	18,235		1,291,767
Spirit Realty Capital, Inc.	32,339		1,488,888
STAG Industrial, Inc.	27,000		1,059,750
Stockland	396,792		1,258,294
STORE Capital Corp.	66,391		2,126,504
Summit Hotel Properties, Inc. (A)	18,252		175,767
Sunstone Hotel Investors, Inc. (A)	36,654		437,649
Tanger Factory Outlet Centers, Inc.	17,208		280,490
Terreno Realty Corp.	11,245		711,021
The British Land Company PLC	146,338		971,044
The GEO Group, Inc.	20,416		152,508
The GPT Group	319,423		1,150,530
The Macerich Company	93,750		1,566,563
UDR, Inc.	36,001		1,907,333
UMH Properties, Inc.	7,247		165,956
Unibail-Rodamco-Westfield (A)	20,719		1,524,931
United Urban Investment Corp.	492		664,972
Uniti Group, Inc.	32,928		407,319
Universal Health Realty Income Trust	2,426		134,085
Urban Edge Properties	49,370		903,965
Urstadt Biddle Properties, Inc., Class A	5,535		104,778
Ventas, Inc.	51,464		2,841,327

Strategic Equity Allocation Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Equity real estate investment trusts (continued)
Vicinity Centres	643,177	$	760,385
Vornado Realty Trust	20,514		861,793
Washington Real Estate Investment Trust	14,117		349,396
Welltower, Inc.	54,520		4,492,448
Weyerhaeuser Company	96,738		3,440,971
Whitestone REIT	8,282		80,998
Xenia Hotels & Resorts, Inc. (A)	19,325		342,826
			243,515,692
Real estate management and development – 0.6%
Aroundtown SA	166,063		1,143,992
Azrieli Group, Ltd.	7,054		634,993
CapitaLand Investment, Ltd. (A)	438,584		1,098,237
CBRE Group, Inc., Class A (A)	43,317		4,217,343
City Developments, Ltd.	68,013		344,218
CK Asset Holdings, Ltd.	333,562		1,924,578
Cushman & Wakefield PLC (A)	23,259		432,850
Daito Trust Construction Company, Ltd.	10,911		1,279,945
Daiwa House Industry Company, Ltd.	94,166		3,139,024
Deutsche Wohnen SE	56,825		3,474,539
ESR Cayman, Ltd. (A)(B)	330,600		997,784
eXp World Holdings, Inc.	10,667		424,227
Fastighets AB Balder, B Shares (A)	17,480		1,050,489
Forestar Group, Inc. (A)	3,276		61,032
FRP Holdings, Inc. (A)	1,232		68,893
Hang Lung Properties, Ltd.	336,313		766,475
Henderson Land Development Company, Ltd.	241,709		922,946
Hongkong Land Holdings, Ltd.	193,934		926,360
Hulic Company, Ltd.	44,769		498,570
Jones Lang LaSalle, Inc. (A)	13,766		3,415,207
Kennedy-Wilson Holdings, Inc.	19,957		417,500
LEG Immobilien SE	11,984		1,692,786
Lendlease Corp., Ltd.	114,456		879,992
Marcus & Millichap, Inc. (A)	3,890		158,012
Mitsubishi Estate Company, Ltd.	196,624		3,130,805
Mitsui Fudosan Company, Ltd.	152,426		3,620,861
New World Development Company, Ltd.	253,392		1,030,610
Newmark Group, Inc., Class A	25,111		359,338
Nomura Real Estate Holdings, Inc.	19,663		511,209
Rafael Holdings, Inc., Class B (A)(C)	1,793		55,099
RE/MAX Holdings, Inc., Class A	3,335		103,919
Realogy Holdings Corp. (A)	19,091		334,856
Redfin Corp. (A)	17,164		859,916
Sino Land Company, Ltd.	553,722		744,923
Sumitomo Realty & Development Company, Ltd.	51,483		1,881,762
Sun Hung Kai Properties, Ltd.	216,814		2,707,213
Swire Pacific, Ltd., Class A	82,518		488,262
Swire Properties, Ltd.	194,487		485,871
Swiss Prime Site AG	12,628		1,233,515
Tejon Ranch Company (A)	3,868		68,696
The RMR Group, Inc., Class A	2,872		96,068
The St. Joe Company	5,579		234,876
UOL Group, Ltd.	77,170		388,054
Vonovia SE	90,837		5,451,480
Wharf Real Estate Investment Company, Ltd.	277,346		1,424,973
			55,182,298
			298,697,990
Utilities – 2.7%
Electric utilities – 1.5%
ALLETE, Inc.	22,814		1,357,889
Alliant Energy Corp.	32,288		1,807,482
American Electric Power Company, Inc.	64,543		5,239,601

 

262

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Strategic Equity Allocation Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Electric utilities (continued)
AusNet Services, Ltd.	315,922	$	571,838
Chubu Electric Power Company, Inc.	107,129		1,266,129
CK Infrastructure Holdings, Ltd.	110,343		615,453
CLP Holdings, Ltd.	272,834		2,626,960
Duke Energy Corp.	99,261		9,686,881
Edison International	48,990		2,717,475
EDP - Energias de Portugal SA	461,416		2,424,233
Electricite de France SA	77,290		971,237
Elia Group SA/NV	5,135		613,634
Endesa SA	52,795		1,064,743
Enel SpA	1,351,907		10,376,180
Entergy Corp.	25,927		2,574,810
Evergy, Inc.	29,584		1,840,125
Eversource Energy	44,337		3,624,993
Exelon Corp.	126,161		6,098,623
FirstEnergy Corp.	70,211		2,500,916
Fortum OYJ	73,825		2,241,776
Hawaiian Electric Industries, Inc.	29,680		1,211,834
HK Electric Investments & HK Electric Investments, Ltd.	440,500		437,085
Iberdrola SA	984,134		9,900,809
IDACORP, Inc.	13,716		1,417,960
Mercury NZ, Ltd.	113,219		506,361
MGE Energy, Inc.	6,129		450,482
NextEra Energy, Inc.	253,107		19,873,962
NRG Energy, Inc.	31,581		1,289,452
OGE Energy Corp.	54,350		1,791,376
Origin Energy, Ltd.	292,749		982,172
Orsted A/S (B)	31,444		4,144,776
Otter Tail Corp.	6,905		386,473
Pinnacle West Capital Corp.	14,552		1,052,983
PNM Resources, Inc.	37,405		1,850,799
Portland General Electric Company	14,770		694,042
Power Assets Holdings, Ltd.	230,736		1,352,596
PPL Corp.	99,295		2,768,345
Red Electrica Corp. SA	71,950		1,443,480
SSE PLC	173,383		3,650,601
Terna - Rete Elettrica Nazionale	233,867		1,659,708
The Kansai Electric Power Company, Inc.	117,024		1,133,983
The Southern Company	136,611		8,465,784
Tohoku Electric Power Company, Inc.	71,065		522,411
Tokyo Electric Power Company Holdings, Inc. (A)	253,728		722,437
Verbund AG	11,318		1,144,644
Xcel Energy, Inc.	69,470		4,341,875
			133,417,408
Gas utilities – 0.3%
APA Group	196,120		1,221,591
Atmos Energy Corp.	16,875		1,488,375
Brookfield Infrastructure Corp., Class A	9,074		543,351
Chesapeake Utilities Corp.	2,831		339,862
Enagas SA	41,371		919,434
Hong Kong & China Gas Company, Ltd.	1,861,022		2,811,807
National Fuel Gas Company	24,757		1,300,238
Naturgy Energy Group SA	48,350		1,217,015
New Jersey Resources Corp.	42,393		1,475,700
Northwest Natural Holding Company	5,430		249,726
ONE Gas, Inc.	23,218		1,471,325
Osaka Gas Company, Ltd.	62,375		1,139,782
Snam SpA	335,181		1,854,183
South Jersey Industries, Inc.	17,495		371,944
Southwest Gas Holdings, Inc.	25,472		1,703,567
Spire, Inc.	22,462		1,374,225
Toho Gas Company, Ltd.	12,284		534,279

Strategic Equity Allocation Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Gas utilities (continued)
Tokyo Gas Company, Ltd.	62,496	$	1,162,881
UGI Corp.	56,773		2,419,665
			23,598,950
Independent power and renewable electricity producers – 0.1%
Clearway Energy, Inc., Class A	5,914		166,775
Clearway Energy, Inc., Class C	13,712		415,062
EDP Renovaveis SA	47,899		1,189,025
Meridian Energy, Ltd.	212,934		720,095
Ormat Technologies, Inc.	7,481		498,309
Sunnova Energy International, Inc. (A)	14,496		477,498
The AES Corp.	85,973		1,962,764
Uniper SE	15,208		633,102
			6,062,630
Multi-utilities – 0.7%
AGL Energy, Ltd.	103,563		427,682
Ameren Corp.	33,177		2,687,337
Avista Corp.	11,672		456,609
Black Hills Corp.	27,599		1,732,113
CenterPoint Energy, Inc.	76,495		1,881,777
CMS Energy Corp.	37,371		2,232,170
Consolidated Edison, Inc.	45,594		3,309,668
Dominion Energy, Inc.	104,312		7,616,862
DTE Energy Company	24,998		2,792,527
E.ON SE	373,180		4,554,922
Engie SA	303,592		3,971,953
MDU Resources Group, Inc.	54,963		1,630,752
National Grid PLC	590,938		7,041,449
NiSource, Inc.	50,628		1,226,716
NorthWestern Corp.	22,521		1,290,453
Public Service Enterprise Group, Inc.	65,230		3,972,507
RWE AG	106,781		3,765,992
Sempra Energy	41,200		5,211,800
Suez SA	58,449		1,332,147
Unitil Corp.	2,845		121,709
Veolia Environnement SA	91,521		2,796,496
WEC Energy Group, Inc.	40,698		3,589,564
			63,643,205
Water utilities – 0.1%
American States Water Company	5,978		511,239
American Water Works Company, Inc.	23,417		3,958,410
Artesian Resources Corp., Class A	2,377		90,730
California Water Service Group	8,488		500,198
Essential Utilities, Inc.	60,722		2,798,070
Global Water Resources, Inc.	2,121		39,705
Middlesex Water Company	2,876		295,595
Pure Cycle Corp. (A)	4,734		63,010
Severn Trent PLC	41,521		1,453,613
SJW Group	4,710		311,143
The York Water Company	2,568		112,170
United Utilities Group PLC	113,343		1,475,198
			11,609,081
			238,331,274
TOTAL COMMON STOCKS (Cost $4,352,366,725)		$	8,602,235,107
PREFERRED SECURITIES – 0.2%
Consumer discretionary – 0.1%
Automobiles – 0.1%
Bayerische Motoren Werke AG	9,589		727,385
Porsche Automobil Holding SE	25,452		2,516,955
Volkswagen AG	30,848		6,876,098
			10,120,438
Consumer staples – 0.0%

 

263

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Strategic Equity Allocation Trust (continued)

		Shares or Principal Amount	Value
PREFERRED SECURITIES (continued)
Household products – 0.0%
Henkel AG & Company KGaA		29,614	$	2,739,547
Health care – 0.1%
Health care equipment and supplies – 0.1%
Sartorius AG		4,356		2,773,067
Materials – 0.0%
Chemicals – 0.0%
Fuchs Petrolub SE		11,554		540,005
TOTAL PREFERRED SECURITIES (Cost $10,318,915)			$	16,173,057
RIGHTS – 0.0%
Deutsche Lufthansa AG (Expiration Date: 10-6-21; Strike Price: EUR 3.58) (A)(C)		49,678		117,966
Pan American Silver Corp. (Expiration Date: 2-22-29) (A)(E)		54,671		39,363
Transurban Group (Expiration Date: 10-8-21; Strike Price: AUD 13.00) (A)		50,569		38,387
Veolia Environnement SA (Expiration Date: 10-4-21; Strike Price: EUR 22.70) (A)(C)		91,521		75,926
TOTAL RIGHTS (Cost $191,208)			$	271,642
WARRANTS – 0.0%
Cie Financiere Richemont SA (Expiration Date: 11-22-23; Strike Price: CHF 67.00) (A)		200,486		94,655
Nabors Industries, Ltd. (Expiration Date: 6-11-26; Strike Price: $166.67) (A)		480		2,803
Whiting Petroleum Corp., Class A (Expiration Date: 9-1-24; Strike Price: $73.44) (A)		917		6,557
Whiting Petroleum Corp., Class B (Expiration Date: 9-1-25; Strike Price: $83.45) (A)		458		3,307
TOTAL WARRANTS (Cost $15,655)			$	107,322
SHORT-TERM INVESTMENTS – 3.9%
U.S. Government – 3.0%
U.S. Cash Management Bill 0.060%, 10/15/2021 *	$	67,000,000		66,998,828
U.S. Treasury Bill
0.046%, 10/19/2021 *		80,000,000		79,997,150
0.050%, 10/28/2021 *		42,000,000		41,997,913
0.050%, 11/02/2021 *		17,000,000		16,999,117
0.051%, 10/12/2021 *		60,400,000		60,399,470
				266,392,478

Strategic Equity Allocation Trust (continued)

		Shares or Principal Amount	Value
SHORT-TERM INVESTMENTS (continued)
Short-term funds – 0.6%
John Hancock Collateral Trust, 0.0303% (F)(G)		5,481,826	$	54,852,249
Repurchase agreement – 0.3%
Repurchase Agreement with State Street Corp. dated 9-30-21 at 0.000% to be repurchased at $30,755,000 on 10-1-21, collateralized by $22,633,300 U.S. Treasury Notes, 0.125% - 2.125% due 12-31-22 to 1-31-23 (valued at $22,796,990) and $7,438,500 U.S. Treasury Inflation Indexed Notes, 0.625% due 4-15-23 (valued at $8,573,409)	$	30,755,000		30,755,000
TOTAL SHORT-TERM INVESTMENTS (Cost $352,001,810)			$	351,999,727
Total Investments (Strategic Equity Allocation Trust) (Cost $4,714,894,313) – 100.0%			$	8,970,786,855
Other assets and liabilities, net – (0.0%)				(3,218,132)
TOTAL NET ASSETS – 100.0%			$	8,967,568,723

Currency Abbreviations
AUD	Australian Dollar
CHF	Swiss Franc
EUR	Euro

Security Abbreviations and Legend
ADR	American Depositary Receipt
(A)	Non-income producing security.
(B)	These 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.
(C)	All or a portion of this security is on loan as of 9-30-21. The value of securities on loan amounted to $72,462,878. In addition to the cash collateral invested in John Hancock Collateral Trust, non-cash collateral of $24,687,587 in the form of U.S. Treasuries was pledged to the fund.
(D)	Security is valued using significant unobservable inputs and is classified as Level 3 in the fair value hierarchy.
(E)	Strike price and/or expiration date not available.
(F)	The rate shown is the annualized seven-day yield as of 9-30-21.
(G)	Investment is an affiliate of the fund, the advisor and/or subadvisor. This security represents the investment of cash collateral received for securities lending.
*	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.

 

DERIVATIVES

FUTURES

Open contracts	Number of contracts	Position	Expiration date	Notional basis^	Notional value^	Unrealized appreciation (depreciation)
MSCI EAFE Index Futures	998	Long	Dec 2021	$117,955,070	$113,123,300	$(4,831,770)
Russell 2000 E-Mini Index Futures	223	Long	Dec 2021	24,951,328	24,538,920	(412,408)
S&P 500 Index E-Mini Futures	846	Long	Dec 2021	188,103,825	181,794,825	(6,309,000)
S&P Mid 400 Index E-Mini Futures	98	Long	Dec 2021	26,507,698	25,805,360	(702,338)
						$(12,255,516)

^ Notional basis refers to the contractual amount agreed upon at inception of open contracts; notional value represents the current value of the open contract.

264

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Strategic Income Opportunities Trust

		Shares or Principal Amount	Value
U.S. GOVERNMENT AND AGENCY OBLIGATIONS – 4.6%
U.S. Government – 4.6%
U.S. Treasury Bonds
2.000%, 02/15/2050	$	1,800,000	$	1,768,359
2.750%, 11/15/2042		995,000		1,118,870
3.000%, 02/15/2049		5,975,000		7,142,437
4.375%, 02/15/2038		3,135,000		4,291,154
U.S. Treasury Inflation Protected Securities 0.125%, 01/15/2030		1,596,700		1,754,062
U.S. Treasury Notes
0.250%, 06/30/2025		100,000		98,219
0.375%, 11/30/2025		900,000		882,809
2.000%, 11/15/2026		1,390,000		1,458,414
2.375%, 02/29/2024 to 04/30/2026		1,400,000		1,470,091
2.625%, 02/15/2029		935,000		1,019,442
				21,003,857
TOTAL U.S. GOVERNMENT AND AGENCY OBLIGATIONS (Cost $19,212,232)			$	21,003,857
FOREIGN GOVERNMENT OBLIGATIONS – 19.2%
Australia – 1.0%
Commonwealth of Australia
0.250%, 11/21/2024	AUD	2,210,000		1,594,881
0.500%, 09/21/2026		775,000		552,817
2.250%, 11/21/2022		415,000		307,523
New South Wales Treasury Corp. 1.000%, 02/08/2024		2,100,000		1,542,889
Queensland Treasury Corp. 4.250%, 07/21/2023 (A)		860,000		666,657
				4,664,767
Austria – 0.2%
Republic of Austria 0.500%, 02/20/2029 (A)	EUR	755,000		918,515
Brazil – 0.9%
Federative Republic of Brazil 10.000%, 01/01/2023 to 01/01/2025	BRL	20,880,000		3,927,613
Canada – 2.9%
Canada Housing Trust No. 1
1.250%, 06/15/2026 (A)	CAD	1,425,000		1,124,272
1.950%, 12/15/2025 (A)		1,675,000		1,364,161
Government of Canada 1.500%, 09/01/2024		885,000		713,667
Province of Ontario
1.350%, 12/02/2030		7,665,000		5,703,907
2.900%, 06/02/2028		1,185,000		1,006,876
3.450%, 06/02/2045		1,060,000		941,790
Province of Quebec
0.200%, 04/07/2025	EUR	875,000		1,031,496
1.500%, 12/15/2023	GBP	497,000		683,299
3.000%, 09/01/2023	CAD	650,000		536,412
				13,105,880
China – 0.9%
People's Republic of China
1.990%, 04/09/2025	CNY	12,420,000		1,877,881
2.880%, 11/05/2023		14,670,000		2,284,461
				4,162,342
Colombia – 1.0%
Republic of Colombia
3.250%, 04/22/2032	$	955,000		890,557
4.500%, 03/15/2029		235,000		247,667
5.625%, 02/26/2044		235,000		245,079
6.250%, 11/26/2025	COP	3,780,000,000		994,188
7.500%, 08/26/2026		3,905,000,000		1,062,179

Strategic Income Opportunities Trust (continued)

		Shares or Principal Amount	Value
FOREIGN GOVERNMENT OBLIGATIONS (continued)
Colombia (continued)
Republic of Colombia (continued)
10.000%, 07/24/2024	COP	3,354,500,000	$	983,137
				4,422,807
Greece – 0.8%
Republic of Greece
1.500%, 06/18/2030 (A)	EUR	1,020,000		1,256,396
2.000%, 04/22/2027 (A)		779,000		994,767
4.200%, 01/30/2042		685,000		1,235,272
				3,486,435
India – 0.1%
Republic of India
6.450%, 10/07/2029	INR	33,000,000		450,070
7.270%, 04/08/2026		15,300,000		218,532
				668,602
Indonesia – 3.0%
Perusahaan Penerbit SBSN Indonesia III 4.150%, 03/29/2027 (A)	$	940,000		1,048,955
Republic of Indonesia
1.100%, 03/12/2033	EUR	261,000		292,730
2.150%, 07/18/2024 (A)		740,000		901,188
2.625%, 06/14/2023 (A)		850,000		1,025,457
3.050%, 03/12/2051	$	545,000		514,851
3.850%, 10/15/2030		405,000		451,628
6.500%, 06/15/2025	IDR	27,798,000,000		2,039,513
6.625%, 05/15/2033		6,431,000,000		451,059
7.000%, 09/15/2030		23,300,000,000		1,706,903
7.500%, 08/15/2032 to 05/15/2038		11,864,000,000		871,291
8.125%, 05/15/2024		3,514,000,000		267,739
8.250%, 05/15/2029		4,891,000,000		384,787
8.375%, 03/15/2024 to 09/15/2026		17,952,000,000		1,407,785
8.750%, 05/15/2031		17,423,000,000		1,424,640
9.000%, 03/15/2029		6,709,000,000		547,384
				13,335,910
Ireland – 0.3%
Republic of Ireland 3.400%, 03/18/2024	EUR	1,047,000		1,332,402
Italy – 0.6%
Republic of Italy
1.250%, 02/17/2026	$	742,000		730,557
1.850%, 07/01/2025 (A)	EUR	1,710,000		2,123,088
				2,853,645
Japan – 0.9%
Government of Japan 0.100%, 06/20/2025	JPY	447,900,000		4,055,550
Malaysia – 1.1%
Government of Malaysia
3.733%, 06/15/2028	MYR	1,930,000		473,484
3.828%, 07/05/2034		1,965,000		464,578
3.844%, 04/15/2033		4,313,000		1,033,449
3.882%, 03/14/2025		2,835,000		706,407
3.899%, 11/16/2027		3,370,000		836,407
3.900%, 11/30/2026		1,805,000		450,915
4.059%, 09/30/2024		3,895,000		971,619
				4,936,859
Mexico – 1.3%
Government of Mexico
5.750%, 03/05/2026	MXN	24,110,000		1,113,792
6.750%, 03/09/2023		21,840,000		1,069,807
7.500%, 06/03/2027		44,140,000		2,172,390
7.750%, 05/29/2031		32,570,000		1,617,699
				5,973,688

 

265

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Strategic Income Opportunities Trust (continued)

		Shares or Principal Amount	Value
FOREIGN GOVERNMENT OBLIGATIONS (continued)
New Zealand – 0.1%
Dominion of New Zealand 5.500%, 04/15/2023	NZD	460,000	$	339,155
Norway – 0.8%
Kingdom of Norway 2.000%, 05/24/2023 (A)	NOK	30,260,000		3,527,042
Philippines – 0.6%
Republic of the Philippines
0.875%, 05/17/2027	EUR	1,465,000		1,731,780
6.250%, 01/14/2036	PHP	43,000,000		1,001,171
				2,732,951
Portugal – 0.6%
Republic of Portugal
0.475%, 10/18/2030 (A)	EUR	1,905,000		2,262,873
0.700%, 10/15/2027 (A)		435,000		531,614
				2,794,487
Qatar – 0.3%
State of Qatar
4.000%, 03/14/2029 (A)	$	475,000		539,719
4.817%, 03/14/2049 (A)		710,000		912,080
				1,451,799
Singapore – 0.4%
Republic of Singapore
1.750%, 04/01/2022	SGD	1,485,000		1,100,899
2.375%, 06/01/2025		650,000		506,567
				1,607,466
Spain – 0.5%
Kingdom of Spain
0.250%, 07/30/2024 (A)	EUR	875,000		1,034,345
0.800%, 07/30/2027 (A)		865,000		1,054,536
				2,088,881
Sweden – 0.2%
Kingdom of Sweden 0.125%, 04/24/2023 (A)		955,000		1,117,712
United Arab Emirates – 0.5%
Government of Abu Dhabi
1.700%, 03/02/2031 (A)	$	925,000		892,810
3.125%, 04/16/2030 (A)		730,000		792,269
3.875%, 04/16/2050 (A)		475,000		542,303
				2,227,382
United Kingdom – 0.2%
Government of United Kingdom 0.500%, 07/22/2022	GBP	800,000		1,080,950
TOTAL FOREIGN GOVERNMENT OBLIGATIONS (Cost $88,395,373)			$	86,812,840
CORPORATE BONDS – 55.1%
Communication services – 7.3%
ANGI Group LLC 3.875%, 08/15/2028 (A)	$	660,000		656,700
Cable One, Inc. 4.000%, 11/15/2030 (A)		460,000		458,275
CCO Holdings LLC
4.250%, 02/01/2031 (A)		165,000		167,863
4.500%, 08/15/2030 to 06/01/2033 (A)		1,245,000		1,277,351
4.750%, 03/01/2030 (A)		1,030,000		1,076,839
5.125%, 05/01/2027 (A)		1,245,000		1,296,431
Cellnex Telecom SA 1.875%, 06/26/2029	EUR	500,000		586,488
Charter Communications Operating LLC
2.800%, 04/01/2031	$	230,000		230,520
5.125%, 07/01/2049		1,395,000		1,640,865
5.750%, 04/01/2048		790,000		998,001

Strategic Income Opportunities Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Communication services (continued)
GCI LLC 4.750%, 10/15/2028 (A)	$	400,000	$	419,921
Kenbourne Invest SA 4.700%, 01/22/2028 (A)		450,000		452,700
LCPR Senior Secured Financing DAC
5.125%, 07/15/2029 (A)		785,000		808,511
6.750%, 10/15/2027 (A)		1,395,000		1,478,700
Lions Gate Capital Holdings LLC 5.500%, 04/15/2029 (A)		985,000		1,018,263
Match Group Holdings II LLC 4.125%, 08/01/2030 (A)		705,000		734,081
Millicom International Cellular SA 4.500%, 04/27/2031 (A)		530,000		554,115
Netflix, Inc.
4.375%, 11/15/2026		255,000		284,963
4.875%, 04/15/2028		285,000		328,463
5.375%, 11/15/2029 (A)		1,110,000		1,344,488
News Corp. 3.875%, 05/15/2029 (A)		1,685,000		1,731,338
Radiate Holdco LLC 4.500%, 09/15/2026 (A)		1,155,000		1,192,538
Sirius XM Radio, Inc. 4.125%, 07/01/2030 (A)		100,000		100,464
Sprint Capital Corp. 8.750%, 03/15/2032		975,000		1,456,514
Sprint Corp. 7.125%, 06/15/2024		165,000		187,803
T-Mobile USA, Inc.
2.625%, 04/15/2026 to 02/15/2029		670,000		679,881
2.875%, 02/15/2031		400,000		403,400
3.375%, 04/15/2029		470,000		490,328
3.500%, 04/15/2031		335,000		353,303
3.500%, 04/15/2031 (A)		450,000		474,586
4.750%, 02/01/2028		165,000		175,313
Total Play Telecomunicaciones SA de CV 7.500%, 11/12/2025 (A)		895,000		930,800
Townsquare Media, Inc. 6.875%, 02/01/2026 (A)		385,000		403,888
TripAdvisor, Inc. 7.000%, 07/15/2025 (A)		795,000		842,700
Virgin Media Finance PLC 5.000%, 07/15/2030 (A)		720,000		738,342
Virgin Media Secured Finance PLC
4.500%, 08/15/2030 (A)		670,000		680,888
5.500%, 05/15/2029 (A)		1,161,000		1,223,694
Vmed O2 UK Financing I PLC
3.250%, 01/31/2031 (A)	EUR	735,000		872,780
4.250%, 01/31/2031 (A)	$	1,225,000		1,221,938
VTR Comunicaciones SpA
4.375%, 04/15/2029 (A)		315,000		324,450
5.125%, 01/15/2028 (A)		415,000		440,108
VTR Finance NV 6.375%, 07/15/2028 (A)		510,000		549,525
WMG Acquisition Corp. 3.000%, 02/15/2031 (A)		1,910,000		1,864,638
				33,152,757
Consumer discretionary – 5.8%
Aramark Services, Inc. 6.375%, 05/01/2025 (A)		160,000		168,200
BMW Finance NV 1.000%, 11/14/2024	EUR	410,000		492,231
Boyd Gaming Corp. 4.750%, 06/15/2031 (A)	$	810,000		835,313

 

266

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Strategic Income Opportunities Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Consumer discretionary (continued)
Carnival Corp. 5.750%, 03/01/2027 (A)	$	1,165,000	$	1,204,319
Ford Motor Company
7.450%, 07/16/2031		165,000		215,300
8.500%, 04/21/2023		910,000		1,000,945
Ford Motor Credit Company LLC
2.748%, 06/14/2024	GBP	316,000		430,088
2.900%, 02/16/2028	$	360,000		359,550
2.979%, 08/03/2022		415,000		419,528
3.087%, 01/09/2023		280,000		284,116
3.350%, 11/01/2022		485,000		493,541
3.370%, 11/17/2023		580,000		594,442
3.625%, 06/17/2031		1,220,000		1,227,625
3.813%, 10/12/2021		310,000		310,155
4.000%, 11/13/2030		255,000		265,200
4.125%, 08/17/2027		205,000		217,402
4.250%, 09/20/2022		200,000		204,550
4.542%, 08/01/2026		445,000		479,857
Hilton Domestic Operating Company, Inc.
3.625%, 02/15/2032 (A)		485,000		477,725
4.875%, 01/15/2030		290,000		311,100
Hilton Grand Vacations Borrower Escrow LLC 5.000%, 06/01/2029 (A)		585,000		596,700
Hyatt Hotels Corp. 5.750%, 04/23/2030		744,000		893,122
MercadoLibre, Inc.
2.375%, 01/14/2026		565,000		555,824
3.125%, 01/14/2031		450,000		434,255
MGM Resorts International 4.750%, 10/15/2028		105,000		110,644
New Red Finance, Inc.
3.500%, 02/15/2029 (A)		743,000		735,570
3.875%, 01/15/2028 (A)		970,000		979,555
4.000%, 10/15/2030 (A)		2,124,000		2,102,760
Newell Brands, Inc. 4.700%, 04/01/2026		160,000		176,405
Premier Entertainment Sub LLC
5.625%, 09/01/2029 (A)		325,000		328,250
5.875%, 09/01/2031 (A)		490,000		495,046
Royal Caribbean Cruises, Ltd.
4.250%, 07/01/2026 (A)		690,000		675,890
5.500%, 04/01/2028 (A)		1,235,000		1,263,169
Travel + Leisure Company 6.625%, 07/31/2026 (A)		1,230,000		1,400,687
Wyndham Hotels & Resorts, Inc. 4.375%, 08/15/2028 (A)		660,000		688,994
Yum! Brands, Inc.
3.625%, 03/15/2031		1,795,000		1,804,585
4.625%, 01/31/2032		875,000		934,063
4.750%, 01/15/2030 (A)		1,773,000		1,921,613
				26,088,319
Consumer staples – 3.5%
BRF SA 4.875%, 01/24/2030 (A)(B)		400,000		400,500
JBS Finance Luxembourg Sarl 3.625%, 01/15/2032 (A)		1,070,000		1,090,073
JBS USA Food Company 7.000%, 01/15/2026 (A)		960,000		1,003,632
Kraft Heinz Foods Company
3.000%, 06/01/2026		662,000		697,312
3.875%, 05/15/2027		370,000		404,008
4.250%, 03/01/2031		1,525,000		1,724,045
4.375%, 06/01/2046		280,000		318,590

Strategic Income Opportunities Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Consumer staples (continued)
Kraft Heinz Foods Company (continued)
4.625%, 10/01/2039	$	1,090,000	$	1,270,374
6.875%, 01/26/2039		1,220,000		1,801,127
7.125%, 08/01/2039 (A)		165,000		249,121
MARB BondCo PLC 3.950%, 01/29/2031 (A)		805,000		768,992
Natura Cosmeticos SA 4.125%, 05/03/2028 (A)		830,000		840,168
NBM US Holdings, Inc. 7.000%, 05/14/2026 (A)(B)		205,000		218,120
Oriflame Investment Holding PLC 5.125%, 05/04/2026 (A)		470,000		481,186
Post Holdings, Inc.
4.500%, 09/15/2031 (A)		1,450,000		1,432,789
5.500%, 12/15/2029 (A)		285,000		302,100
5.625%, 01/15/2028 (A)		1,255,000		1,318,503
5.750%, 03/01/2027 (A)		1,330,000		1,382,169
				15,702,809
Energy – 6.6%
Aker BP ASA 3.750%, 01/15/2030 (A)		1,150,000		1,231,243
Cenovus Energy, Inc.
3.500%, 02/07/2028	CAD	510,000		422,387
5.250%, 06/15/2037	$	194,000		231,199
5.400%, 06/15/2047		777,000		953,269
6.750%, 11/15/2039		1,806,000		2,457,148
Cheniere Energy Partners LP
4.000%, 03/01/2031 (A)		1,252,000		1,311,094
4.500%, 10/01/2029		390,000		414,621
Continental Resources, Inc. 5.750%, 01/15/2031 (A)		2,205,000		2,665,294
Ecopetrol SA
5.375%, 06/26/2026		230,000		249,976
5.875%, 05/28/2045		235,000		237,350
6.875%, 04/29/2030		470,000		550,135
Enbridge, Inc. 3.125%, 11/15/2029		990,000		1,055,907
EQM Midstream Partners LP 4.750%, 01/15/2031 (A)		620,000		644,812
EQT Corp.
3.125%, 05/15/2026 (A)		190,000		194,773
3.625%, 05/15/2031 (A)		2,235,000		2,328,870
3.900%, 10/01/2027		325,000		351,725
Inversiones Latin America Power Ltda 5.125%, 06/15/2033 (A)		575,000		564,938
Kinder Morgan, Inc. 2.000%, 02/15/2031		290,000		279,515
MC Brazil Downstream Trading SARL 7.250%, 06/30/2031 (A)		955,000		960,253
Medco Oak Tree Pte, Ltd. 7.375%, 05/14/2026 (A)		625,000		664,063
Occidental Petroleum Corp.
3.200%, 08/15/2026		154,000		157,225
3.400%, 04/15/2026		238,000		244,100
6.125%, 01/01/2031		775,000		930,368
6.625%, 09/01/2030		1,160,000		1,429,700
7.500%, 05/01/2031		335,000		435,584
Ovintiv, Inc. 6.500%, 08/15/2034 to 02/01/2038		885,000		1,197,747
Pertamina Persero PT
3.100%, 01/21/2030 (A)		255,000		260,314
3.650%, 07/30/2029 (A)		295,000		315,392
Petrobras Global Finance BV 6.900%, 03/19/2049		1,110,000		1,236,163

 

267

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Strategic Income Opportunities Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Energy (continued)
Petrorio Luxembourg Sarl 6.125%, 06/09/2026 (A)	$	505,000	$	508,661
Qatar Petroleum
2.250%, 07/12/2031 (A)		380,000		376,352
3.300%, 07/12/2051 (A)		295,000		297,950
Saudi Arabian Oil Company
2.250%, 11/24/2030 (A)		400,000		391,445
3.500%, 04/16/2029 (A)		625,000		672,199
4.250%, 04/16/2039 (A)		740,000		829,644
4.375%, 04/16/2049 (A)		475,000		539,320
Southwestern Energy Company 6.450%, 01/23/2025		65,000		71,570
The Williams Companies, Inc. 3.500%, 11/15/2030		80,000		86,909
TransCanada PipeLines, Ltd. 4.100%, 04/15/2030		1,060,000		1,202,494
Transcontinental Gas Pipe Line Company LLC 3.250%, 05/15/2030		80,000		85,520
Western Midstream Operating LP 5.300%, 02/01/2030		975,000		1,077,375
				30,114,604
Financials – 11.3%
American International Group, Inc. (8.175% to 5-15-38, then 3 month LIBOR + 4.195%) 05/15/2058		1,700,000		2,516,000
Asian Development Bank 5.000%, 03/09/2022	AUD	940,000		694,005
Banco Actinver SA
4.800%, 12/18/2032 (A)	$	215,000		164,475
9.500%, 12/18/2032 (A)	MXN	12,100,000		427,924
Banco Santander SA (4.750% to 11-12-26, then 5 Year CMT + 3.753%) 11/12/2026 (C)	$	800,000		814,856
Barclays PLC (4.375% to 3-15-28, then 5 Year CMT + 3.410%) 03/15/2028 (C)		505,000		504,647
Berkshire Hathaway Finance Corp. 2.375%, 06/19/2039	GBP	610,000		859,167
Berkshire Hathaway, Inc., Zero Coupon 0.000%, 03/12/2025	EUR	975,000		1,132,709
BNG Bank NV 0.250%, 06/07/2024		395,000		465,992
BNP Paribas SA (4.500% to 2-25-30, then 5 Year CMT + 2.944%) 02/25/2030 (A)(C)	$	820,000		821,066
BNP Paribas SA (4.625% to 2-25-31, then 5 Year CMT + 3.340%) 02/25/2031 (A)(B)(C)		1,421,000		1,451,196
Capital One Financial Corp. 0.800%, 06/12/2024	EUR	155,000		183,221
Chubb INA Holdings, Inc. 0.300%, 12/15/2024		875,000		1,023,253
Citigroup, Inc. (Greater of 3 month EURIBOR + 0.500% or 0.000%) 0.000%, 03/21/2023 (D)		920,000		1,072,359
Credit Agricole SA (6.875% to 9-23-24, then 5 Year U.S. Swap Rate + 4.319%) 09/23/2024 (A)(C)	$	205,000		228,063
Credit Agricole SA (7.875% to 1-23-24, then 5 Year U.S. Swap Rate + 4.898%) 01/23/2024 (A)(C)		825,000		918,877
Credit Suisse Group AG (4.500% to 9-3-30, then 5 Year CMT + 3.554%) 09/03/2030 (A)(C)		760,000		744,800

Strategic Income Opportunities Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Financials (continued)
Credit Suisse Group AG (5.100% to 1-24-30, then 5 Year CMT + 3.293%) 01/24/2030 (A)(B)(C)	$	420,000	$	429,996
Credit Suisse Group AG (6.375% to 8-21-26, then 5 Year CMT + 4.822%) 08/21/2026 (A)(C)		855,000		938,363
DB Insurance Company, Ltd.
3.512%, 05/25/2024	KRW	1,000,000,000		865,110
3.865%, 05/25/2027		1,000,000,000		881,239
Deutsche Bank AG (6.000% to 10-30-25, then 5 Year CMT + 4.524%) 10/30/2025 (C)	$	800,000		842,000
European Financial Stability Facility 1.875%, 05/23/2023	EUR	380,000		457,966
European Investment Bank
1.500%, 05/12/2022	NOK	9,790,000		1,125,282
1.750%, 03/13/2025		1,470,000		169,936
European Investment Bank (SONIA + 0.350%) 0.399%, 06/29/2023 (D)	GBP	550,000		744,343
ING Groep NV (4.250% to 5-16-31, then 5 Year CMT + 2.862%) 05/16/2031 (C)	$	790,000		766,221
ING Groep NV (5.750% to 11-16-26, then 5 Year CMT + 4.342%) 11/16/2026 (C)		1,037,000		1,134,872
International Bank for Reconstruction & Development
1.900%, 01/16/2025	CAD	1,390,000		1,129,219
3.375%, 01/25/2022	NZD	1,327,000		923,547
4.625%, 10/06/2021		1,310,000		904,570
International Finance Corp. 0.375%, 09/10/2025		1,240,000		807,431
Intesa Sanpaolo SpA 4.198%, 06/01/2032 (A)	$	740,000		758,613
Intesa Sanpaolo SpA (7.700% to 9-17-25, then 5 Year U.S. Swap Rate + 5.462%) 09/17/2025 (A)(C)		800,000		903,912
Lloyds Banking Group PLC (7.500% to 9-27-25, then 5 Year U.S. Swap Rate + 4.496%) 09/27/2025 (C)		640,000		742,469
Mexico Remittances Funding Fiduciary Estate Management Sarl 4.875%, 01/15/2028 (A)		630,000		622,131
MSCI, Inc.
3.250%, 08/15/2033 (A)		390,000		394,469
3.625%, 09/01/2030 to 11/01/2031 (A)		2,374,000		2,459,883
3.875%, 02/15/2031 (A)		765,000		802,294
NatWest Group PLC (4.600% to 6-28-31, then 5 Year CMT + 3.100%) 06/28/2031 (C)		410,000		411,968
NatWest Group PLC (6.000% to 12-29-25, then 5 Year CMT + 5.625%) 12/29/2025 (C)		840,000		940,069
Nordea Eiendomskreditt AS (3 month NIBOR + 0.300%) 0.500%, 06/21/2023 (D)	NOK	7,000,000		804,599
Nordea Eiendomskreditt AS (3 month NIBOR + 0.340%) 0.540%, 06/19/2024 (D)		12,000,000		1,381,563
Nordic Investment Bank
1.500%, 01/24/2022		1,000,000		114,727
1.875%, 04/10/2024		3,920,000		454,631
Popular, Inc. 6.125%, 09/14/2023	$	1,625,000		1,744,844

 

268

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Strategic Income Opportunities Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Financials (continued)
QNB Finance, Ltd.
3.500%, 03/28/2024	$	330,000	$	349,857
4.350%, 01/29/2022	CNY	1,860,000		289,099
Shinhan Financial Group Company, Ltd. (2.875% to 5-12-26, then 5 Year CMT + 2.064%) 05/12/2026 (A)(C)	$	880,000		873,409
Societe Generale SA (4.750% to 5-26-26, then 5 Year CMT + 3.931%) 05/26/2026 (A)(C)		360,000		367,877
Societe Generale SA (6.750% to 4-6-28, then 5 Year U.S. Swap Rate + 3.929%) 04/06/2028 (A)(C)		410,000		460,996
Societe Generale SA (8.000% to 9-29-25, then 5 Year ICE Swap Rate + 5.873%) 09/29/2025 (A)(C)		660,000		772,781
Swiss Insured Brazil Power Finance Sarl 9.850%, 07/16/2032 (A)	BRL	8,696,049		1,556,929
The Goldman Sachs Group, Inc.
1.375%, 05/15/2024	EUR	983,000		1,166,151
2.000%, 11/01/2028		208,000		265,209
3.375%, 03/27/2025		187,000		241,435
U.S. Bancorp 0.850%, 06/07/2024		2,560,000		3,043,090
UBS Group AG (3.875% to 6-2-26, then 5 Year CMT + 3.098%) 06/02/2026 (A)(C)	$	550,000		549,940
UBS Group AG (4.375% to 2-10-31, then 5 Year CMT + 3.313%) 02/10/2031 (A)(C)		625,000		631,375
UBS Group AG (5.125% to 7-29-26, then 5 Year CMT + 4.855%) 07/29/2026 (C)		466,000		504,735
UniCredit SpA (5.459% to 6-30-30, then 5 Year CMT + 4.750%) 06/30/2035 (A)		210,000		231,681
UniCredit SpA (8.000% to 6-3-24, then 5 Year U.S. Swap Rate + 5.180%) 06/03/2024 (C)		400,000		436,500
Wells Fargo & Company 3.250%, 04/27/2022	AUD	1,120,000		823,515
				51,243,456
Health care – 4.1%
Allergan Funding SCS
1.250%, 06/01/2024	EUR	520,000		606,593
2.625%, 11/15/2028		300,000		375,030
Bausch Health Companies, Inc. 5.250%, 02/15/2031 (A)	$	240,000		220,706
Becton Dickinson Euro Finance Sarl 1.208%, 06/04/2026	EUR	745,000		899,791
Centene Corp.
2.500%, 03/01/2031	$	905,000		892,556
3.000%, 10/15/2030		1,795,000		1,839,875
3.375%, 02/15/2030		1,765,000		1,827,305
4.625%, 12/15/2029		260,000		283,348
DH Europe Finance II Sarl 0.450%, 03/18/2028	EUR	1,630,000		1,899,071
HCA, Inc.
3.500%, 09/01/2030	$	2,543,000		2,694,029
4.125%, 06/15/2029		1,175,000		1,312,501
5.375%, 02/01/2025		1,490,000		1,665,075
Jazz Securities DAC 4.375%, 01/15/2029 (A)		210,000		217,623
Mozart Debt Merger Sub, Inc.
3.875%, 04/01/2029 (A)		1,185,000		1,185,000
5.250%, 10/01/2029 (A)		215,000		215,000

Strategic Income Opportunities Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Health care (continued)
Rede D'or Finance Sarl
4.500%, 01/22/2030 (A)	$	367,000	$	365,514
4.950%, 01/17/2028 (A)		310,000		325,116
Thermo Fisher Scientific, Inc.
0.500%, 03/01/2028	EUR	650,000		760,559
0.750%, 09/12/2024		282,000		334,569
1.400%, 01/23/2026		468,000		572,125
				18,491,386
Industrials – 5.3%
Adani Ports & Special Economic Zone, Ltd. 4.200%, 08/04/2027 (A)	$	370,000		388,104
AECOM 5.125%, 03/15/2027		835,000		924,763
Airbus SE 1.625%, 06/09/2030	EUR	255,000		319,807
American Airlines Group, Inc. 5.000%, 06/01/2022 (A)	$	810,000		811,013
American Airlines, Inc.
5.500%, 04/20/2026 (A)		970,000		1,019,713
5.750%, 04/20/2029 (A)		790,000		851,225
CoStar Group, Inc. 2.800%, 07/15/2030 (A)		555,000		564,475
DAE Funding LLC 3.375%, 03/20/2028 (A)		640,000		659,533
Delta Air Lines 2020-1 Class A Pass Through Trust 2.500%, 06/10/2028		491,206		493,694
Delta Air Lines, Inc.
2.900%, 10/28/2024		540,000		552,943
4.500%, 10/20/2025 (A)		320,000		342,400
4.750%, 10/20/2028 (A)		2,762,000		3,079,630
7.000%, 05/01/2025 (A)		629,000		733,571
7.375%, 01/15/2026		165,000		194,393
GFL Environmental, Inc. 4.750%, 06/15/2029 (A)		765,000		786,038
Hidrovias International Finance SARL 4.950%, 02/08/2031 (A)		350,000		345,629
Indian Railway Finance Corp., Ltd. 3.249%, 02/13/2030 (A)		645,000		649,056
Johnson Controls International PLC 0.375%, 09/15/2027	EUR	240,000		278,412
Mileage Plus Holdings LLC 6.500%, 06/20/2027 (A)	$	840,000		913,433
Movida Europe SA 5.250%, 02/08/2031 (A)		235,000		228,538
Prime Security Services Borrower LLC 3.375%, 08/31/2027 (A)		105,000		100,735
Simpar Europe SA 5.200%, 01/26/2031 (A)		315,000		314,304
Simpar Finance Sarl 10.750%, 02/12/2028 (A)	BRL	3,000,000		463,479
Spirit AeroSystems, Inc. 7.500%, 04/15/2025 (A)	$	165,000		174,694
The Boeing Company
5.040%, 05/01/2027		1,035,000		1,190,587
5.150%, 05/01/2030		2,625,000		3,080,936
Uber Technologies, Inc. 8.000%, 11/01/2026 (A)		650,000		686,969
United Airlines 2020-1 Class A Pass Through Trust 5.875%, 10/15/2027		1,159,344		1,290,973
United Rentals North America, Inc.
3.875%, 02/15/2031		1,120,000		1,148,000
4.000%, 07/15/2030		660,000		684,750

 

269

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Strategic Income Opportunities Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Industrials (continued)
United Rentals North America, Inc. (continued)
4.875%, 01/15/2028	$	530,000	$	560,337
				23,832,134
Information technology – 1.7%
Apple, Inc. 0.875%, 05/24/2025	EUR	865,000		1,039,225
Atento Luxco 1 SA 8.000%, 02/10/2026 (A)	$	486,000		530,984
Camelot Finance SA 4.500%, 11/01/2026 (A)		385,000		399,919
CDW LLC 4.250%, 04/01/2028		165,000		172,297
Dell International LLC 8.350%, 07/15/2046		541,000		877,424
Fidelity National Information Services, Inc.
1.000%, 12/03/2028	EUR	425,000		506,461
1.500%, 05/21/2027		820,000		1,006,550
Fiserv, Inc. 1.125%, 07/01/2027		290,000		350,404
Gartner, Inc. 3.750%, 10/01/2030 (A)	$	475,000		488,870
j2 Global, Inc. 4.625%, 10/15/2030 (A)		340,000		361,250
SK Hynix, Inc. 1.500%, 01/19/2026 (A)		485,000		478,734
Square, Inc. 3.500%, 06/01/2031 (A)		315,000		323,105
Twilio, Inc.
3.625%, 03/15/2029		465,000		475,695
3.875%, 03/15/2031		620,000		634,762
				7,645,680
Materials – 6.1%
ArcelorMittal SA
4.550%, 03/11/2026		100,000		111,556
6.750%, 03/01/2041		485,000		666,572
7.250%, 10/15/2039		125,000		176,406
Ardagh Metal Packaging Finance USA LLC
3.250%, 09/01/2028 (A)		960,000		957,600
4.000%, 09/01/2029 (A)		1,040,000		1,051,700
Ball Corp.
2.875%, 08/15/2030		520,000		504,725
4.875%, 03/15/2026		1,035,000		1,141,088
5.250%, 07/01/2025		1,375,000		1,534,844
Berry Global, Inc. 5.625%, 07/15/2027 (A)		590,000		623,459
Braskem Netherlands Finance BV
4.500%, 01/10/2028 (A)		570,000		605,568
5.875%, 01/31/2050 (A)		585,000		665,438
Cemex SAB de CV 3.875%, 07/11/2031 (A)		770,000		770,462
Cleveland-Cliffs, Inc.
4.625%, 03/01/2029 (A)(B)		1,475,000		1,506,344
4.875%, 03/01/2031 (A)		790,000		815,675
Crown Americas LLC
4.250%, 09/30/2026		100,000		107,189
4.500%, 01/15/2023		712,000		746,888
Crown Cork & Seal Company, Inc. 7.375%, 12/15/2026		936,000		1,155,960
Ecolab, Inc. 1.000%, 01/15/2024	EUR	330,000		391,579
FMG Resources August 2006 Pty, Ltd. 4.375%, 04/01/2031 (A)	$	4,700,000		4,856,745

Strategic Income Opportunities Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Materials (continued)
Freeport-McMoRan, Inc.
4.125%, 03/01/2028	$	140,000	$	145,075
4.625%, 08/01/2030		985,000		1,065,031
5.450%, 03/15/2043		1,905,000		2,345,531
FS Luxembourg Sarl 10.000%, 12/15/2025 (A)		870,000		956,139
Indonesia Asahan Aluminium Persero PT 4.750%, 05/15/2025 (A)		1,090,000		1,185,430
Pactiv Evergreen Group Issuer, Inc. 4.000%, 10/15/2027 (A)		1,285,000		1,272,150
SCIH Salt Holdings, Inc. 4.875%, 05/01/2028 (A)		945,000		949,725
St. Mary's Cement, Inc. 5.750%, 01/28/2027 (A)		830,000		955,546
Standard Industries, Inc. 3.375%, 01/15/2031 (A)		255,000		242,684
				27,507,109
Real estate – 1.3%
American Tower Corp.
0.500%, 01/15/2028	EUR	270,000		310,387
1.950%, 05/22/2026		305,000		378,939
Crown Castle International Corp. 2.250%, 01/15/2031	$	215,000		210,112
Host Hotels & Resorts LP
3.375%, 12/15/2029		240,000		247,021
3.500%, 09/15/2030		240,000		249,312
SBA Communications Corp.
3.125%, 02/01/2029 (A)		955,000		922,769
3.875%, 02/15/2027		1,900,000		1,968,875
4.875%, 09/01/2024		87,000		88,455
VICI Properties LP
4.125%, 08/15/2030 (A)		895,000		948,700
4.625%, 12/01/2029 (A)		385,000		413,875
				5,738,445
Utilities – 2.1%
Adani Green Energy UP, Ltd. 6.250%, 12/10/2024 (A)		460,000		498,065
Adani Green Energy, Ltd. 4.375%, 09/08/2024 (A)		305,000		304,979
Chile Electricity PEC SpA 3.193%, 01/25/2028 (A)(E)		285,000		232,988
DPL, Inc. 4.125%, 07/01/2025		1,330,000		1,423,100
E.ON SE 0.375%, 09/29/2027	EUR	315,000		368,756
EDP Finance BV 0.375%, 09/16/2026		130,000		152,112
Engie SA 0.375%, 06/21/2027		300,000		351,538
FirstEnergy Corp.
4.400%, 07/15/2027	$	890,000		976,489
7.375%, 11/15/2031		1,355,000		1,851,011
Greenko Dutch BV 3.850%, 03/29/2026 (A)		605,775		614,862
Greenko Solar Mauritius, Ltd. 5.550%, 01/29/2025 (A)		430,000		438,616
Israel Electric Corp., Ltd. 6.875%, 06/21/2023 (A)		390,000		428,879
Perusahaan Perseroan Persero PT Perusahaan Listrik Negara 4.125%, 05/15/2027 (A)		1,440,000		1,560,600

 

270

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Strategic Income Opportunities Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Utilities (continued)
The AES Corp. 3.950%, 07/15/2030 (A)	$	160,000	$	175,939
				9,377,934
TOTAL CORPORATE BONDS (Cost $241,698,488)			$	248,894,633
CONVERTIBLE BONDS – 2.6%
Communication services – 0.8%
Cellnex Telecom SA 0.750%, 11/20/2031	EUR	600,000		682,897
DISH Network Corp. 3.375%, 08/15/2026	$	430,000		446,985
Liberty Broadband Corp.
1.250%, 09/30/2050 (A)		1,205,000		1,223,678
2.750%, 09/30/2050 (A)		815,000		860,350
Liberty Media Corp. 0.500%, 12/01/2050 (A)		500,000		600,250
				3,814,160
Consumer discretionary – 0.4%
Burlington Stores, Inc. 2.250%, 04/15/2025		705,000		1,024,013
Sony Group Corp., Zero Coupon 0.000%, 09/30/2022	JPY	29,000,000		652,594
				1,676,607
Energy – 0.3%
BP Capital Markets PLC 1.000%, 04/28/2023	GBP	800,000		1,124,249
Industrials – 1.1%
Air Canada 4.000%, 07/01/2025	$	500,000		714,766
American Airlines Group, Inc. 6.500%, 07/01/2025 (B)		1,395,000		2,131,829
Southwest Airlines Company 1.250%, 05/01/2025		915,000		1,366,781
Uber Technologies, Inc. 0.652%, 12/15/2025 (A)(E)		945,000		919,136
				5,132,512
TOTAL CONVERTIBLE BONDS (Cost $10,699,946)			$	11,747,528
CAPITAL PREFERRED SECURITIES – 0.2%
Financials – 0.2%
USB Capital IX (Greater of 3 month LIBOR + 1.020% or 3.500%) 3.500%, 11/01/2021 (C)(D)		801,000		790,240
TOTAL CAPITAL PREFERRED SECURITIES (Cost $712,832)			$	790,240
TERM LOANS (F) – 7.8%
Communication services – 1.0%
AP Core Holdings II LLC, Amortization Term Loan B1 (1 month LIBOR + 5.500%) 6.250%, 09/01/2027		710,000		712,663
AP Core Holdings II LLC, High-Yield Term Loan B2 (1 month LIBOR + 5.500%) 6.250%, 09/01/2027		490,000		491,225
SBA Senior Finance II LLC, Term Loan B 04/11/2025 TBD (G)		1,705,000		1,687,950
Univision Communications, Inc., 2021 First Lien Term Loan B (1 month LIBOR + 3.250%) 4.000%, 03/15/2026		793,013		791,577

Strategic Income Opportunities Trust (continued)

		Shares or Principal Amount	Value
TERM LOANS (F) (continued)
Communication services (continued)
WMG Acquisition Corp., 2021 Term Loan G 01/20/2028 TBD (G)	$	915,000	$	909,473
				4,592,888
Consumer discretionary – 2.1%
APX Group, Inc., 2021 Term Loan B (1 month LIBOR + 3.500%) 4.000%, 07/10/2028		365,000		363,744
Aramark Services, Inc., 2018 Term Loan B3 (1 month LIBOR + 1.750%) 1.834%, 03/11/2025		1,020,000		996,622
Bally's Corp., 2021 Term Loan B 08/06/2028 TBD (G)		505,000		504,652
Burlington Coat Factory Warehouse Corp., 2021 Term Loan B6 06/24/2028 TBD (G)		913,843		910,032
Carnival Corp., USD Term Loan B (1 month LIBOR + 3.000%) 3.750%, 06/30/2025		1,211,178		1,203,233
Hilton Grand Vacations Borrower LLC, 2021 Term Loan B (1 month LIBOR + 3.000%) 3.500%, 08/02/2028		420,000		420,945
Hilton Worldwide Finance LLC, 2019 Term Loan B (1 month LIBOR + 1.750%) 1.836%, 06/22/2026		800,000		792,944
KFC Holding Company, 2021 Term Loan B (1 month LIBOR + 1.750%) 1.836%, 03/15/2028		1,360,363		1,358,662
Marriott Ownership Resorts, Inc., 2019 Term Loan B (1 month LIBOR + 1.750%) 1.834%, 08/29/2025		780,000		765,375
New Red Finance, Inc., Term Loan B4 (1 month LIBOR + 1.750%) 1.837%, 11/19/2026		1,595,881		1,575,262
Whatabrands LLC, 2021 Term Loan B (1 month LIBOR + 3.250%) 3.750%, 08/03/2028		791,000		789,829
				9,681,300
Energy – 0.4%
Pilot Travel Centers LLC, 2021 Term Loan B 07/28/2028 TBD (G)		1,570,000		1,564,395
Financials – 0.3%
Asurion LLC, 2021 Second Lien Term Loan B4 (1 month LIBOR + 5.250%) 5.334%, 01/20/2029		650,000		646,588
Asurion LLC, 2021 Term Loan B9 (1 month LIBOR + 3.250%) 3.334%, 07/31/2027		484,143		476,759
				1,123,347
Health care – 1.3%
Avantor Funding, Inc., 2021 Term Loan B5 11/08/2027 TBD (G)		1,505,000		1,506,881
ICON Luxembourg Sarl, LUX Term Loan (3 month LIBOR + 2.500%) 3.000%, 07/03/2028		1,068,462		1,071,871
Jazz Financing Lux Sarl, USD Term Loan (1 month LIBOR + 3.500%) 4.000%, 05/05/2028		1,231,913		1,233,305
Organon & Company, USD Term Loan (3 month LIBOR + 3.000%) 3.500%, 06/02/2028		1,013,705		1,015,337

 

271

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Strategic Income Opportunities Trust (continued)

		Shares or Principal Amount	Value
TERM LOANS (F) (continued)
Health care (continued)
Padagis LLC, Term Loan B (3 month LIBOR + 4.750%) 5.250%, 07/06/2028	$	729,000	$	729,000
PRA Health Sciences, Inc., US Term Loan (3 month LIBOR + 2.500%) 3.000%, 07/03/2028		266,213		267,062
				5,823,456
Industrials – 1.6%
AECOM, 2021 Term Loan B (1 month LIBOR + 1.750%) 1.834%, 04/13/2028		1,318,875		1,317,556
Air Canada, 2021 Term Loan B (3 month LIBOR + 3.500%) 4.250%, 08/11/2028		1,080,000		1,083,596
Brown Group Holding LLC, Term Loan B (3 month LIBOR + 2.750%) 3.250%, 06/07/2028		529,795		529,132
Clean Harbors, Inc., 2021 Incremental Term Loan B 09/21/2028 TBD (G)		470,000		469,803
Herman Miller, Inc., Term Loan B (1 month LIBOR + 2.000%) 2.063%, 07/19/2028		825,000		824,852
JELD-WEN, Inc., 2021 Term Loan B (1 month LIBOR + 2.250%) 2.334%, 07/28/2028		340,000		339,293
The Hertz Corp., 2021 Term Loan B (1 month LIBOR + 3.500%) 4.000%, 06/30/2028		695,956		696,067
The Hertz Corp., 2021 Term Loan C (1 month LIBOR + 3.500%) 4.000%, 06/30/2028		131,710		131,731
United Airlines, Inc., 2021 Term Loan B (3 month LIBOR + 3.750%) 4.500%, 04/21/2028		1,569,095		1,578,729
Worldwide Express, Inc., 2021 1st Lien Term Loan (2 month LIBOR + 4.250%) 5.000%, 07/26/2028		320,000		320,890
				7,291,649
Information technology – 0.8%
Dell International LLC, 2021 Term Loan B (1 month LIBOR + 1.750%) 2.000%, 09/19/2025		2,764,055		2,762,701
Sabre GLBL, Inc., 2021 Term Loan B1 (1 month LIBOR + 3.500%) 4.000%, 12/17/2027		151,480		150,581
Sabre GLBL, Inc., 2021 Term Loan B2 (1 month LIBOR + 3.500%) 4.000%, 12/17/2027		241,471		240,037
Sunshine Software Merger Sub, Inc., 2021 Term Loan 09/21/2028 TBD (G)		345,000		344,138
				3,497,457
Materials – 0.3%
Pretium PKG Holdings, Inc., 2021 1st Lien Term Loan 09/22/2028 TBD (G)		415,000		415,261
SCIH Salt Holdings, Inc., 2021 Incremental Term Loan B (3 month LIBOR + 4.000%) 4.750%, 03/16/2027		896,573		896,995

Strategic Income Opportunities Trust (continued)

		Shares or Principal Amount	Value
TERM LOANS (F) (continued)
Materials (continued)
Standard Industries, Inc., 2021 Term Loan B 09/22/2028 TBD (G)	$	135,000	$	135,073
				1,447,329
TOTAL TERM LOANS (Cost $35,032,132)			$	35,021,821
COLLATERALIZED MORTGAGE OBLIGATIONS – 0.7%
Commercial and residential – 0.7%
Arroyo Mortgage Trust Series 2019-1, Class A1 3.805%, 01/25/2049 (A)(H)		498,180		505,584
BX Commercial Mortgage Trust
Series 2019-XL, Class A (1 month LIBOR + 0.920%), 1.016%, 10/15/2036 (A)(D)		1,511,075		1,513,997
Series 2021-VOLT, Class A (1 month LIBOR + 0.700%), 0.800%, 09/15/2036 (A)(D)		535,000		535,336
CSMC Trust Series 2019-NQM1, Class A1 2.656%, 10/25/2059 (A)		235,291		238,230
HarborView Mortgage Loan Trust
Series 2007-3, Class ES IO, 0.350%, 05/19/2047 (A)		4,132,731		43,266
Series 2007-4, Class ES IO, 0.350%, 07/19/2047		4,204,140		56,282
Series 2007-6, Class ES IO, 0.343%, 08/19/2037 (A)		4,294,162		60,980
Morgan Stanley Mortgage Loan Trust Series 2004-9, Class 1A 5.406%, 11/25/2034 (H)		92,787		100,188
				3,053,863
U.S. Government Agency – 0.0%
Federal Home Loan Mortgage Corp. Series 2017-DNA3, Class M1 (1 month LIBOR + 0.750%) 0.839%, 03/25/2030 (D)		120,781		120,917
TOTAL COLLATERALIZED MORTGAGE OBLIGATIONS (Cost $2,985,848)			$	3,174,780
ASSET BACKED SECURITIES – 1.4%
Bravo Mortgage Asset Trust Series 2006-1A, Class A2 (1 month LIBOR + 0.240%) 0.329%, 07/25/2036 (A)(D)		47,093		47,085
DB Master Finance LLC
Series 2017-1A, Class A2I 3.629%, 11/20/2047 (A)		501,800		503,968
Series 2019-1A, Class A2I 3.787%, 05/20/2049 (A)		882,000		885,799
Series 2019-1A, Class A2II 4.021%, 05/20/2049 (A)		475,300		496,824
Domino's Pizza Master Issuer LLC Series 2015-1A, Class A2II 4.474%, 10/25/2045 (A)		862,013		893,306
FirstKey Homes Trust Series 2020-SFR2, Class A 1.266%, 10/19/2037 (A)		284,189		283,298
Home Partners of America Trust
Series 2018-1, Class D (1 month LIBOR + 1.450%) 1.543%, 07/17/2037 (A)(D)		590,000		589,674
Series 2019-1, Class B 3.157%, 09/17/2039 (A)		380,157		385,209

 

272

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Strategic Income Opportunities Trust (continued)

		Shares or Principal Amount	Value
ASSET BACKED SECURITIES (continued)
Jack in the Box Funding LLC Series 2019-1A, Class A2II 4.476%, 08/25/2049 (A)	$	590,538	$	618,555
MVW Owner Trust Series 2018-1A, Class A 3.450%, 01/21/2036 (A)		218,208		226,178
Taco Bell Funding LLC Series 2016-1A, Class A23 4.970%, 05/25/2046 (A)		1,493,700		1,599,684
TOTAL ASSET BACKED SECURITIES (Cost $6,323,092)			$	6,529,580
COMMON STOCKS – 3.1%
Communication services – 0.0%
Vertis Holdings, Inc. (I)(J)		8,371		0
Consumer discretionary – 0.3%
General Motors Company (J)		24,981		1,316,749
Financials – 1.2%
CIT Group, Inc.		17,920		930,944
Credit Agricole SA		66,195		909,879
Credit Suisse Group AG, ADR		63,906		630,113
Societe Generale SA		30,080		941,950
Synovus Financial Corp.		19,905		873,630
U.S. Bancorp		22,421		1,332,704
				5,619,220
Industrials – 0.7%
Delta Air Lines, Inc. (J)		24,829		1,057,964
The Boeing Company (J)		9,111		2,003,873
				3,061,837
Real estate – 0.2%
Americold Realty Trust		36,756		1,067,762
Utilities – 0.7%
Algonquin Power & Utilities Corp.		25,100		1,215,342
Dominion Energy, Inc.		18,000		1,748,340
				2,963,682
TOTAL COMMON STOCKS (Cost $14,950,679)			$	14,029,250
PREFERRED SECURITIES – 3.5%
Communication services – 0.1%
2020 Cash Mandatory Exchangeable Trust, 5.250% (A)		475		537,116
Financials – 0.7%
Stifel Financial Corp., 4.500%		32,750		828,903
U.S. Bancorp (Greater of 3 month LIBOR + 1.020% or 3.500%), 3.500% (D)		804		773,850
Valley National Bancorp (5.500% to 9-30-22, then 3 month LIBOR + 3.578%)		22,825		582,494
Wells Fargo & Company (5.850% to 9-15-23, then 3 month LIBOR + 3.090%)		27,605		754,997
				2,940,244
Health care – 0.4%
Becton, Dickinson and Company, 6.000% (B)		10,850		585,683
Danaher Corp., 4.750%		570		1,155,966
				1,741,649
Industrials – 0.2%
Stanley Black & Decker, Inc., 5.250% (B)		10,400		1,094,496
Information technology – 0.4%
Broadcom, Inc., 8.000%		840		1,286,888

Strategic Income Opportunities Trust (continued)

		Shares or Principal Amount	Value
PREFERRED SECURITIES (continued)
Information technology (continued)
Sabre Corp., 6.500%		2,400	$	366,408
				1,653,296
Utilities – 1.7%
American Electric Power Company, Inc., 6.125%		23,350		1,160,962
DTE Energy Company, 6.250%		20,150		1,012,739
NextEra Energy, Inc., 4.872%		26,200		1,535,582
NextEra Energy, Inc., 5.279%		28,350		1,444,716
NextEra Energy, Inc., 6.219%		17,400		889,314
The Southern Company, 6.750%		33,300		1,698,633
				7,741,946
TOTAL PREFERRED SECURITIES (Cost $14,745,288)			$	15,708,747
PURCHASED OPTIONS – 0.0%
Puts – 0.0%
Over the Counter Option on the AUD vs. JPY (Expiration Date: 12-29-21; Strike Price: AUD 78.00; Counterparty: Citibank, N.A.) (J)(K)		9,760,000		65,353
Over the Counter Option on the USD vs. CAD (Expiration Date: 10-7-21; Strike Price: $1.22; Counterparty: Canadian Imperial Bank of Commerce) (J)(K)		7,675,000		8
Over the Counter Option on the USD vs. CAD (Expiration Date: 4-11-22; Strike Price: $1.22; Counterparty: Canadian Imperial Bank of Commerce) (J)(K)		12,240,000		61,016
				126,377
TOTAL PURCHASED OPTIONS (Cost $259,104)			$	126,377
SHORT-TERM INVESTMENTS – 4.0%
Short-term funds – 0.6%
John Hancock Collateral Trust, 0.0303% (L)(M)		259,881		2,600,424
Repurchase agreement – 3.4%
Repurchase Agreement with State Street Corp. dated 9-30-21 at 0.000% to be repurchased at $15,280,000 on 10-1-21, collateralized by $15,599,700 U.S. Treasury Notes, 0.250% due 9-30-23 (valued at $15,585,691)	$	15,280,000		15,280,000
TOTAL SHORT-TERM INVESTMENTS (Cost $17,880,542)			$	17,880,424
Total Investments (Strategic Income Opportunities Trust) (Cost $452,895,556) – 102.2%			$	461,720,077
Other assets and liabilities, net – (2.2%)				(9,753,633)
TOTAL NET ASSETS – 100.0%			$	451,966,444

Currency Abbreviations
AUD	Australian Dollar
BRL	Brazilian Real
CAD	Canadian Dollar
CNY	Chinese Yuan Renminbi
COP	Colombian Peso
EUR	Euro
GBP	Pound Sterling
IDR	Indonesian Rupiah
INR	Indian Rupee
JPY	Japanese Yen
KRW	Korean Won
MXN	Mexican Peso
MYR	Malaysian Ringgit
NOK	Norwegian Krone
NZD	New Zealand Dollar

 

273

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Strategic Income Opportunities Trust (continued)

PHP	Philippine Peso
SGD	Singapore Dollar

Security Abbreviations and Legend
ADR	American Depositary Receipt
CMT	Constant Maturity Treasury
EURIBOR	Euro Interbank Offered Rate
ICE	Intercontinental Exchange
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
NIBOR	Norwegian Interbank Offered Rate
SONIA	Sterling Overnight Interbank Average Rate
(A)	These 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. Rule 144A securities amounted to $161,343,285 or 35.7% of the fund's net assets as of 9-30-21.
(B)	All or a portion of this security is on loan as of 9-30-21. The value of securities on loan amounted to $2,543,054.
(C)	Perpetual bonds have no stated maturity date. Date shown as maturity date is next call date.
(D)	Variable rate obligation. The coupon rate shown represents the rate at period end.

Strategic Income Opportunities Trust (continued)

(E)	Zero coupon bonds are issued at a discount from their principal amount in lieu of paying interest periodically. Rate shown is the effective yield at period end.
(F)	Term loans are variable rate obligations. The coupon rate shown represents the rate at period end.
(G)	This position represents an unsettled loan commitment at period end. Certain details associated with this purchase are not known prior to the settlement date, including coupon rate, which is disclosed as TBD (To Be Determined).
(H)	Variable or floating rate security, the interest rate of which adjusts periodically based on a weighted average of interest rates and prepayments on the underlying pool of assets. The interest rate shown is the current rate as of period end.
(I)	Security is valued using significant unobservable inputs and is classified as Level 3 in the fair value hierarchy.
(J)	Non-income producing security.
(K)	For this type of option, notional amounts are equivalent to number of contracts.
(L)	The rate shown is the annualized seven-day yield as of 9-30-21.
(M)	Investment is an affiliate of the fund, the advisor and/or subadvisor. This security represents the investment of cash collateral received for securities lending.

 

DERIVATIVES

FUTURES

Open contracts	Number of contracts	Position	Expiration date	Notional basis^	Notional value^	Unrealized appreciation (depreciation)
Euro-BTP Italian Government Bond Futures	14	Long	Dec 2021	$2,482,405	$2,464,158	$(18,247)
10-Year U.S. Treasury Note Futures	23	Short	Dec 2021	(3,058,819)	(3,027,016)	31,803
Euro-Buxl Futures	4	Short	Dec 2021	(972,361)	(942,155)	30,206
German Euro BUND Futures	23	Short	Dec 2021	(4,576,478)	(4,524,353)	52,125
U.S. Treasury Long Bond Futures	275	Short	Dec 2021	(44,731,548)	(43,785,157)	946,391
Ultra U.S. Treasury Bond Futures	7	Short	Dec 2021	(1,032,113)	(1,016,750)	15,363
						$1,057,641

^ Notional basis refers to the contractual amount agreed upon at inception of open contracts; notional value represents the current value of the open contract.

FORWARD FOREIGN CURRENCY CONTRACTS

Contract to buy		Contract to sell		Counterparty (OTC)	Contractual settlement date	Unrealized appreciation	Unrealized depreciation
AUD	2,860,000	NZD	2,957,526	GSI	1/19/2022	$29,151	—
AUD	4,112,614	USD	2,984,401	GSI	1/19/2022	—	$(9,522)
AUD	1,727,989	USD	1,269,441	UBS	1/19/2022	—	(19,492)
CAD	2,538,833	NZD	2,858,750	UBS	1/19/2022	33,026	—
CAD	3,117,161	USD	2,470,633	BARC	1/19/2022	—	(9,461)
CAD	1,822,349	USD	1,430,000	CITI	1/19/2022	8,846	—
CAD	4,136,818	USD	3,277,699	HUS	1/19/2022	—	(11,451)
CAD	3,621,200	USD	2,860,000	JPM	1/19/2022	—	(861)
CAD	1,814,776	USD	1,437,083	RBC	1/19/2022	—	(4,217)
CAD	3,625,153	USD	2,874,167	SCB	1/19/2022	—	(11,906)
CAD	5,508,582	USD	4,311,250	SSB	1/19/2022	38,083	—
CAD	3,694,615	USD	2,874,167	UBS	1/19/2022	42,937	—
EUR	1,423,750	GBP	1,221,950	SCB	1/19/2022	6,389	—
EUR	2,847,500	GBP	2,440,437	UBS	1/19/2022	17,445	—
EUR	2,041,483	USD	2,383,739	CIBC	1/19/2022	—	(13,253)
EUR	4,089,115	USD	4,803,411	MSCS	1/19/2022	—	(55,299)
GBP	3,668,899	EUR	4,271,250	SSB	1/19/2022	—	(15,059)
JPY	114,397,628	USD	1,039,582	ANZ	1/19/2022	—	(10,510)
JPY	321,107,729	USD	2,925,000	CIBC	1/19/2022	—	(36,454)
JPY	296,191,881	USD	2,670,831	SSB	1/19/2022	—	(6,417)
JPY	596,831,115	USD	5,397,516	UBS	1/19/2022	—	(28,682)
NZD	2,858,750	CAD	2,515,386	UBS	1/19/2022	—	(14,513)

274

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Strategic Income Opportunities Trust (continued)
FORWARD FOREIGN CURRENCY CONTRACTS (continued)

Contract to buy		Contract to sell		Counterparty (OTC)	Contractual settlement date	Unrealized appreciation	Unrealized depreciation
NZD	445,000	USD	312,921	UBS	1/19/2022	—	$(6,029)
SGD	5,140,926	USD	3,799,937	CITI	1/19/2022	—	(14,579)
SGD	3,849,919	USD	2,849,883	GSI	1/19/2022	—	(15,117)
SGD	1,183,052	USD	873,993	UBS	1/19/2022	—	(2,890)
USD	4,331,635	AUD	5,872,528	MSCS	1/19/2022	$83,715	—
USD	3,039,059	BRL	16,411,528	SSB	1/19/2022	83,625	—
USD	6,147,984	CAD	7,850,279	BARC	1/19/2022	—	(50,248)
USD	3,273,818	CAD	4,164,448	GSI	1/19/2022	—	(14,246)
USD	2,867,992	CAD	3,643,371	RBC	1/19/2022	—	(8,652)
USD	1,437,083	CAD	1,834,009	SSB	1/19/2022	—	(10,969)
USD	2,383,994	EUR	2,030,462	BARC	1/19/2022	26,305	—
USD	2,384,575	EUR	2,030,462	CITI	1/19/2022	26,886	—
USD	2,384,169	EUR	2,030,462	GSI	1/19/2022	26,480	—
USD	16,076,390	EUR	13,578,606	UBS	1/19/2022	309,474	—
USD	1,275,285	GBP	927,368	HUS	1/19/2022	25,479	—
USD	5,137,431	JPY	562,557,448	CITI	1/19/2022	76,909	—
USD	4,094,316	JPY	453,136,673	SSB	1/19/2022	18,095	—
USD	625,826	NZD	887,445	BARC	1/19/2022	13,804	—
USD	2,504,445	NZD	3,549,780	CITI	1/19/2022	56,355	—
USD	1,243,448	NZD	1,774,890	RBC	1/19/2022	19,404	—
USD	2,153,159	NZD	3,036,536	UBS	1/19/2022	59,026	—
USD	7,611,266	SGD	10,247,504	HUS	1/19/2022	65,841	—
						$1,067,275	$(369,827)

WRITTEN OPTIONS

Foreign currency options
Description	Counterparty (OTC)	Currency	Exercise price	Expiration date	Notional amount*	Premium	Value
Puts
U.S. Dollar vs. Canadian Dollar	GSI	USD	1.22	Oct 2021	7,675,000	$174,069	$(8)
						$174,069	$(8)
* For this type of option, notional amounts are equivalent to number of contracts.

Derivatives Currency Abbreviations
AUD	Australian Dollar
BRL	Brazilian Real
CAD	Canadian Dollar
EUR	Euro
GBP	Pound Sterling
JPY	Japanese Yen
NZD	New Zealand Dollar
SGD	Singapore Dollar
USD	U.S. Dollar

Derivatives Abbreviations
ANZ	Australia and New Zealand Banking Group Limited
BARC	Barclays Bank PLC
CIBC	Canadian Imperial Bank of Commerce
CITI	Citibank, N.A.
GSI	Goldman Sachs International
HUS	HSBC Bank USA, N.A.
JPM	JPMorgan Chase Bank, N.A.
MSCS	Morgan Stanley Capital Services LLC
OTC	Over-the-counter
RBC	Royal Bank of Canada
SCB	Standard Chartered Bank
SSB	State Street Bank and Trust Company
UBS	UBS AG

275

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Total Bond Market Trust

		Shares or Principal Amount	Value
U.S. GOVERNMENT AND AGENCY OBLIGATIONS – 67.1%
U.S. Government – 36.8%
U.S. Treasury Bonds
1.250%, 05/15/2050	$	8,000,000	$	6,544,688
1.875%, 02/15/2041		2,000,000		1,956,250
2.000%, 02/15/2050		3,000,000		2,947,266
2.250%, 08/15/2049		2,000,000		2,073,125
2.750%, 08/15/2047		3,000,000		3,405,117
2.875%, 05/15/2049		1,500,000		1,754,766
3.000%, 02/15/2047 to 02/15/2049		28,635,000		34,000,872
4.250%, 05/15/2039 to 11/15/2040		4,610,000		6,292,474
4.375%, 05/15/2041		1,830,000		2,563,072
4.625%, 02/15/2040		5,000,000		7,146,680
4.750%, 02/15/2041		2,000,000		2,922,188
U.S. Treasury Notes
0.125%, 10/31/2022 to 02/28/2023		16,000,000		15,998,437
0.250%, 11/15/2023 to 10/31/2025		32,000,000		31,617,501
0.375%, 09/15/2024 to 07/31/2027		9,000,000		8,806,250
0.500%, 10/31/2027		12,000,000		11,516,719
0.625%, 03/31/2027 to 05/15/2030		16,000,000		15,188,516
0.750%, 03/31/2026		4,000,000		3,971,719
0.875%, 09/30/2026		5,000,000		4,971,484
1.250%, 08/31/2024 to 08/15/2031		10,000,000		9,983,204
1.375%, 08/31/2026		5,000,000		5,095,508
1.500%, 01/31/2027		5,000,000		5,117,773
1.625%, 08/15/2029		8,000,000		8,148,125
1.750%, 07/15/2022 to 12/31/2024		8,000,000		8,226,836
2.000%, 11/15/2021 to 02/15/2022		29,400,000		29,493,032
2.125%, 05/31/2026		3,000,000		3,163,594
2.250%, 11/15/2027		20,595,000		21,892,646
2.375%, 05/15/2029		5,000,000		5,367,188
2.625%, 02/28/2023		3,000,000		3,103,711
2.750%, 04/30/2023		3,500,000		3,640,547
2.875%, 11/30/2023 to 05/15/2028		9,300,000		10,137,129
3.000%, 10/31/2025		2,000,000		2,176,250
				279,222,667
U.S. Government Agency – 30.3%
Federal Home Loan Bank 5.500%, 07/15/2036		1,690,000		2,465,195
Federal Home Loan Mortgage Corp.
2.000%, 07/01/2035		971,556		1,001,085
2.113%, (12 month LIBOR + 1.863%), 08/01/2037 (A)		407,230		425,944
2.375%, 01/13/2022		1,500,000		1,509,810
2.475%, (12 month LIBOR + 2.100%), 02/01/2037 (A)		56,778		59,722
2.500%, 04/01/2031 to 08/01/2050		5,158,386		5,331,590
2.750%, 06/19/2023		2,000,000		2,085,886
3.000%, 07/01/2032 to 08/01/2046		4,522,041		4,805,436
3.500%, 12/01/2025 to 06/01/2048		3,563,095		3,822,858
4.000%, 02/01/2024 to 09/01/2047		1,672,853		1,810,376
4.500%, 05/01/2024 to 11/01/2048		2,767,814		3,021,980
5.000%, 06/01/2023 to 09/01/2039		215,517		242,742
5.500%, 02/01/2023 to 01/01/2039		356,492		411,868
6.000%, 10/01/2036 to 10/01/2038		168,633		198,331
6.250%, 07/15/2032		450,000		652,176
6.500%, 08/01/2037 to 08/01/2038		35,557		43,014
6.750%, 09/15/2029		1,200,000		1,705,379
7.000%, 04/01/2029 to 10/01/2038		29,457		35,470
7.500%, 09/01/2030 to 03/01/2032		4,839		5,719
8.000%, 02/01/2030		627		723
Federal National Mortgage Association
1.500%, TBA (B)		6,700,000		6,572,159
1.610%, (6 month LIBOR + 1.415%), 07/01/2034 (A)		88,899		90,640

Total Bond Market Trust (continued)

		Shares or Principal Amount	Value
U.S. GOVERNMENT AND AGENCY OBLIGATIONS (continued)
U.S. Government Agency (continued)
Federal National Mortgage Association (continued)
1.691%, (12 month LIBOR + 1.316%), 01/01/2035 (A)	$	157,942	$	162,204
1.851%, (12 month LIBOR + 1.575%), 09/01/2037 (A)		57,931		60,017
2.000%, TBA (B)		34,870,000		35,076,094
2.000%, 02/01/2035 to 11/01/2050		12,365,380		12,503,964
2.000%, 08/01/2041 (B)		2,771,272		2,831,893
2.070%, (12 month LIBOR + 1.791%), 04/01/2037 (A)		105,315		110,084
2.125%, 04/24/2026		2,000,000		2,106,016
2.175%, (12 month LIBOR + 1.925%), 10/01/2037 (A)		20,252		21,236
2.310%, (1 Year CMT + 2.185%), 05/01/2036 (A)		47,492		50,213
2.500%, TBA (B)		15,630,000		16,159,574
2.500%, 05/01/2028 to 11/01/2050		14,412,259		14,892,672
2.625%, 09/06/2024		1,000,000		1,062,510
3.000%, TBA (B)		8,900,000		9,314,051
3.000%, 01/01/2027 to 12/01/2049		12,127,452		12,868,702
3.500%, TBA (B)		2,750,000		2,910,165
3.500%, 12/01/2025 to 10/01/2049		11,594,776		12,433,343
4.000%, 03/01/2024 to 09/01/2049		10,256,315		11,064,347
4.500%, 08/01/2024 to 09/01/2048		2,356,487		2,599,161
5.000%, 08/01/2023 to 09/01/2048		1,789,045		1,983,333
5.500%, 03/01/2022 to 11/01/2038		427,438		491,877
6.000%, 08/01/2023 to 08/01/2038		290,726		337,987
6.500%, 03/01/2022 to 12/01/2037		103,119		123,662
7.000%, 02/01/2031 to 10/01/2038		41,236		49,983
7.125%, 01/15/2030		209,000		300,173
7.250%, 05/15/2030		1,450,000		2,118,030
7.500%, 09/01/2030 to 08/01/2031		15,235		17,943
8.000%, 08/01/2030 to 09/01/2031		3,528		4,114
8.500%, 09/01/2030		360		422
Government National Mortgage Association
2.000%, TBA (B)		9,500,000		9,634,090
2.500%, TBA (B)		10,000,000		10,323,185
3.000%, TBA (B)		5,000,000		5,224,472
3.000%, 08/15/2043 to 08/20/2050		7,038,314		7,404,657
3.500%, TBA (B)		2,800,000		2,929,318
3.500%, 04/15/2042 to 04/20/2050		7,374,705		7,895,827
4.000%, 11/15/2026 to 08/20/2048		4,100,921		4,416,970
4.500%, 06/15/2023 to 04/20/2050		2,117,088		2,292,052
5.000%, 10/15/2023 to 07/20/2040		611,653		689,778
5.500%, 08/15/2023 to 09/20/2039		244,042		277,036
6.000%, 07/15/2029 to 10/15/2038		172,518		199,090
6.500%, 05/15/2028 to 12/15/2038		130,227		151,899
7.000%, 08/15/2029 to 05/15/2032		22,145		25,240
7.500%, 09/15/2030 to 01/15/2031		5,886		6,820
8.000%, 04/15/2031		6,532		7,674
				229,429,981
TOTAL U.S. GOVERNMENT AND AGENCY OBLIGATIONS (Cost $497,035,706)			$	508,652,648
FOREIGN GOVERNMENT OBLIGATIONS – 1.0%
Brazil – 0.2%
Federative Republic of Brazil 4.250%, 01/07/2025		1,612,000		1,731,788
Canada – 0.2%
Hydro-Quebec 8.400%, 01/15/2022		250,000		255,611

 

276

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Total Bond Market Trust (continued)

		Shares or Principal Amount	Value
FOREIGN GOVERNMENT OBLIGATIONS (continued)
Canada (continued)
Province of British Columbia 6.500%, 01/15/2026 (C)	$	490,000	$	594,724
Province of Quebec
7.125%, 02/09/2024		150,000		172,560
7.500%, 07/15/2023		410,000		460,812
				1,483,707
Israel – 0.1%
State of Israel 5.500%, 09/18/2023		455,000		500,556
Italy – 0.0%
Republic of Italy 6.875%, 09/27/2023		300,000		336,308
Japan – 0.1%
Japan Bank for International Cooperation 2.500%, 05/23/2024		800,000		839,415
Mexico – 0.2%
Government of Mexico 6.050%, 01/11/2040		930,000		1,137,474
Panama – 0.1%
Republic of Panama 6.700%, 01/26/2036		370,000		491,763
Peru – 0.0%
Republic of Peru 6.550%, 03/14/2037		250,000		337,018
Turkey – 0.1%
Republic of Turkey
6.000%, 01/14/2041		400,000		346,009
6.250%, 09/26/2022		400,000		412,917
				758,926
TOTAL FOREIGN GOVERNMENT OBLIGATIONS (Cost $7,388,384)			$	7,616,955
CORPORATE BONDS – 27.6%
Communication services – 2.6%
America Movil SAB de CV 3.125%, 07/16/2022		500,000		510,498
AT&T, Inc.
2.550%, 12/01/2033		665,000		654,239
3.800%, 12/01/2057		609,000		622,125
4.750%, 05/15/2046		900,000		1,076,532
4.850%, 07/15/2045		500,000		605,272
5.150%, 03/15/2042		50,000		61,963
6.375%, 03/01/2041		360,000		509,840
7.625%, 04/15/2031		285,000		395,745
Baidu, Inc. 4.125%, 06/30/2025		250,000		272,818
British Telecommunications PLC 9.625%, 12/15/2030		190,000		290,796
Charter Communications Operating LLC
2.800%, 04/01/2031		600,000		601,355
5.050%, 03/30/2029		400,000		468,355
5.375%, 05/01/2047		500,000		598,648
Comcast Corp.
2.350%, 01/15/2027		455,000		477,232
2.887%, 11/01/2051 (D)		256,000		245,550
3.375%, 02/15/2025		600,000		645,925
3.999%, 11/01/2049		500,000		579,085
6.500%, 11/15/2035		52,000		74,632
Deutsche Telekom International Finance BV 8.750%, 06/15/2030		146,000		217,670
Discovery Communications LLC
4.125%, 05/15/2029		900,000		1,005,205

Total Bond Market Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Communication services (continued)
Discovery Communications LLC (continued)
5.300%, 05/15/2049	$	400,000	$	499,691
Fox Corp. 3.500%, 04/08/2030		600,000		654,458
Grupo Televisa SAB 6.625%, 01/15/2040		220,000		305,157
TCI Communications, Inc. 7.125%, 02/15/2028		110,000		145,230
Telefonica Emisiones SA 7.045%, 06/20/2036		230,000		331,934
Telefonica Europe BV 8.250%, 09/15/2030		350,000		504,884
Time Warner Entertainment Company LP 8.375%, 07/15/2033		525,000		779,682
T-Mobile USA, Inc.
3.875%, 04/15/2030		600,000		662,497
4.500%, 04/15/2050		700,000		816,038
TWDC Enterprises 18 Corp.
3.150%, 09/17/2025		500,000		540,380
4.125%, 06/01/2044		500,000		599,795
Verizon Communications, Inc.
4.016%, 12/03/2029		500,000		566,555
4.272%, 01/15/2036		458,000		538,018
4.522%, 09/15/2048		1,260,000		1,546,152
ViacomCBS, Inc. 4.000%, 01/15/2026		600,000		663,186
Vodafone Group PLC
4.375%, 05/30/2028		400,000		459,393
5.250%, 05/30/2048		300,000		388,312
				19,914,847
Consumer discretionary – 1.6%
Amazon.com, Inc. 4.050%, 08/22/2047		600,000		727,945
AutoZone, Inc. 3.250%, 04/15/2025		1,000,000		1,068,521
Brinker International, Inc. 3.875%, 05/15/2023 (C)		250,000		258,000
Ford Motor Credit Company LLC 3.096%, 05/04/2023		280,000		284,550
General Motors Financial Company, Inc.
4.250%, 05/15/2023		280,000		295,804
5.250%, 03/01/2026		650,000		742,790
Hyatt Hotels Corp. 3.375%, 07/15/2023		250,000		259,456
Lowe's Companies, Inc. 3.375%, 09/15/2025		460,000		497,586
McDonald's Corp. 3.300%, 07/01/2025		1,000,000		1,076,810
NIKE, Inc. 2.400%, 03/27/2025		1,000,000		1,049,417
Starbucks Corp. 3.550%, 08/15/2029		300,000		332,355
Target Corp. 3.900%, 11/15/2047		500,000		616,443
The Home Depot, Inc.
2.625%, 06/01/2022		400,000		405,589
2.700%, 04/15/2030		700,000		740,644
3.350%, 09/15/2025		752,000		818,663
4.250%, 04/01/2046		390,000		477,808
5.875%, 12/16/2036		280,000		394,939
The TJX Companies, Inc.
3.875%, 04/15/2030		600,000		683,031
4.500%, 04/15/2050 (C)		600,000		786,340

 

277

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Total Bond Market Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Consumer discretionary (continued)
Toyota Motor Credit Corp. 1.150%, 08/13/2027	$	500,000	$	492,598
Whirlpool Corp. 5.150%, 03/01/2043 (C)		300,000		376,363
				12,385,652
Consumer staples – 1.6%
Altria Group, Inc. 4.500%, 05/02/2043		500,000		530,647
Anheuser-Busch InBev Worldwide, Inc.
3.650%, 02/01/2026		800,000		877,457
4.750%, 01/23/2029		500,000		588,639
4.900%, 02/01/2046		500,000		614,607
BAT Capital Corp. 3.215%, 09/06/2026		500,000		533,074
Costco Wholesale Corp. 1.600%, 04/20/2030		500,000		488,594
General Mills, Inc. 2.875%, 04/15/2030		600,000		630,625
Kimberly-Clark Corp. 3.200%, 07/30/2046		300,000		322,051
Kraft Heinz Foods Company
3.000%, 06/01/2026		458,000		482,430
6.875%, 01/26/2039		40,000		59,053
Mondelez International, Inc. 4.625%, 05/07/2048		300,000		364,445
PepsiCo, Inc.
2.850%, 02/24/2026		495,000		530,830
4.000%, 03/05/2042		270,000		321,273
5.500%, 01/15/2040		280,000		390,036
Philip Morris International, Inc. 3.600%, 11/15/2023		250,000		266,444
SC Johnson & Son, Inc. 4.000%, 05/15/2043 (D)		250,000		292,244
Sysco Corp. 6.600%, 04/01/2050		1,000,000		1,573,054
The Estee Lauder Companies, Inc. 2.600%, 04/15/2030		600,000		629,244
The Kroger Company 3.500%, 02/01/2026		500,000		547,235
Tyson Foods, Inc. 4.350%, 03/01/2029		400,000		463,003
Walmart, Inc.
3.250%, 07/08/2029		600,000		666,657
4.050%, 06/29/2048		500,000		628,988
				11,800,630
Energy – 2.3%
Anadarko Petroleum Corp. 6.450%, 09/15/2036		280,000		314,497
Baker Hughes LLC
3.337%, 12/15/2027		500,000		545,688
4.486%, 05/01/2030		500,000		584,918
Boardwalk Pipelines LP 4.950%, 12/15/2024		400,000		442,593
BP Capital Markets America, Inc. 3.796%, 09/21/2025 (C)		800,000		879,600
BP Capital Markets PLC 2.750%, 05/10/2023		250,000		259,476
Canadian Natural Resources, Ltd. 6.250%, 03/15/2038		290,000		385,665
Chevron Corp. 2.954%, 05/16/2026		800,000		861,968
ConocoPhillips Company 4.950%, 03/15/2026		300,000		344,934
Devon Energy Corp.
5.000%, 06/15/2045		885,000		1,037,546

Total Bond Market Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Energy (continued)
Devon Energy Corp. (continued)
7.875%, 09/30/2031	$	170,000	$	240,561
Enbridge, Inc.
3.700%, 07/15/2027		400,000		439,642
4.500%, 06/10/2044		400,000		465,831
Energy Transfer LP
3.450%, 01/15/2023		170,000		174,928
5.500%, 06/01/2027		600,000		703,998
6.125%, 12/15/2045		350,000		445,342
6.500%, 02/01/2042		50,000		64,961
Enterprise Products Operating LLC
3.200%, 02/15/2052		700,000		677,374
4.850%, 08/15/2042		280,000		338,238
6.875%, 03/01/2033		130,000		181,456
Exxon Mobil Corp. 2.397%, 03/06/2022		750,000		754,246
Kinder Morgan Energy Partners LP
4.300%, 05/01/2024		700,000		754,827
6.375%, 03/01/2041		60,000		82,185
6.500%, 09/01/2039		180,000		249,013
Kinder Morgan, Inc. 5.550%, 06/01/2045		375,000		477,672
ONEOK Partners LP 6.650%, 10/01/2036		268,000		359,581
Ovintiv, Inc. 6.500%, 08/15/2034		270,000		364,143
Petroleos Mexicanos
4.875%, 01/18/2024		500,000		520,395
6.625%, 06/15/2035		230,000		218,213
Phillips 66 Partners LP 3.750%, 03/01/2028		200,000		216,539
Shell International Finance BV
4.375%, 05/11/2045		1,000,000		1,227,558
6.375%, 12/15/2038		90,000		132,825
Suncor Energy, Inc. 5.950%, 05/15/2035		235,000		305,413
The Williams Companies, Inc. 5.100%, 09/15/2045		400,000		495,233
Tosco Corp. 8.125%, 02/15/2030		383,000		547,793
TotalEnergies Capital SA 4.250%, 12/15/2021		60,000		60,475
TransCanada PipeLines, Ltd. 5.850%, 03/15/2036		405,000		527,963
Valero Energy Corp.
2.850%, 04/15/2025		600,000		631,897
7.500%, 04/15/2032		270,000		374,697
				17,689,884
Financials – 6.8%
American Express Company 2.650%, 12/02/2022		345,000		354,339
American International Group, Inc.
4.125%, 02/15/2024		550,000		593,727
6.250%, 05/01/2036		430,000		599,345
Ares Capital Corp. 3.875%, 01/15/2026		1,000,000		1,069,428
Bank of America Corp.
3.300%, 01/11/2023		800,000		830,222
4.450%, 03/03/2026		700,000		783,811
7.750%, 05/14/2038		480,000		750,926
Bank of America Corp. (3.004% to 12-20-22, then 3 month LIBOR + 0.790%) 12/20/2023		386,000		397,800

 

278

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Total Bond Market Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Financials (continued)
Bank of America Corp. (3.366% to 1-23-25, then 3 month LIBOR + 0.810%) 01/23/2026	$	1,700,000	$	1,816,327
Bank of America Corp. (3.419% to 12-20-27, then 3 month LIBOR + 1.040%) 12/20/2028		1,312,000		1,421,995
Bank of America Corp. (3.970% to 3-5-28, then 3 month LIBOR + 1.070%) 03/05/2029		500,000		556,081
Bank of America Corp. (4.443% to 1-20-47, then 3 month LIBOR + 1.990%) 01/20/2048		500,000		617,165
Barclays Bank PLC 1.700%, 05/12/2022		500,000		503,939
Barclays PLC 4.375%, 01/12/2026		500,000		557,970
Berkshire Hathaway, Inc. 3.125%, 03/15/2026		500,000		542,635
Capital One Bank USA NA 3.375%, 02/15/2023		360,000		374,430
Capital One Financial Corp.
3.200%, 02/05/2025		2,000,000		2,137,728
3.300%, 10/30/2024		1,500,000		1,609,249
Chubb INA Holdings, Inc. 3.350%, 05/03/2026		300,000		327,231
Citigroup, Inc.
4.450%, 09/29/2027		500,000		568,594
5.500%, 09/13/2025		400,000		461,581
Citigroup, Inc. (2.666% to 1-29-30, then SOFR + 1.146%) 01/29/2031		1,000,000		1,024,137
Citigroup, Inc. (4.281% to 4-24-47, then 3 month LIBOR + 1.839%) 04/24/2048		500,000		609,290
Credit Suisse AG 3.000%, 10/29/2021		750,000		751,472
Credit Suisse Group AG
3.750%, 03/26/2025		250,000		269,614
4.550%, 04/17/2026		800,000		898,660
Discover Financial Services 5.200%, 04/27/2022		120,000		123,176
European Investment Bank
2.500%, 10/15/2024 (C)		1,500,000		1,586,370
3.250%, 01/29/2024		600,000		639,119
Five Corners Funding Trust II 2.850%, 05/15/2030 (D)		800,000		836,232
GE Capital International Funding Company 4.418%, 11/15/2035		822,000		986,443
HSBC Holdings PLC 6.500%, 09/15/2037		660,000		915,024
HSBC Holdings PLC (2.848% to 6-4-30, then SOFR + 2.387%) 06/04/2031		1,000,000		1,025,530
Inter-American Development Bank
1.750%, 09/14/2022		600,000		608,878
2.000%, 07/23/2026		1,000,000		1,045,547
7.000%, 06/15/2025		325,000		398,837
Intercontinental Exchange, Inc. 3.100%, 09/15/2027		400,000		432,536
International Bank for Reconstruction & Development 0.750%, 11/24/2027		1,000,000		970,413
JPMorgan Chase & Co.
3.300%, 04/01/2026		700,000		758,951
3.375%, 05/01/2023		500,000		522,890
3.875%, 02/01/2024		1,300,000		1,397,876

Total Bond Market Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Financials (continued)
JPMorgan Chase & Co. (continued)
6.400%, 05/15/2038	$	125,000	$	181,897
JPMorgan Chase & Co. (3.509% to 1-23-28, then 3 month LIBOR + 0.945%) 01/23/2029		500,000		543,905
JPMorgan Chase & Co. (4.452% to 12-5-28, then 3 month LIBOR + 1.330%) 12/05/2029		600,000		691,093
KfW
2.125%, 01/17/2023		600,000		614,784
2.625%, 02/28/2024		800,000		841,393
Liberty Mutual Group, Inc. 3.950%, 05/15/2060 (D)		500,000		555,201
Lincoln National Corp. 7.000%, 06/15/2040		150,000		229,184
MetLife, Inc. 4.600%, 05/13/2046		500,000		641,295
Morgan Stanley
3.700%, 10/23/2024		950,000		1,030,479
4.100%, 05/22/2023		750,000		791,856
Morgan Stanley (3.622% to 4-1-30, then SOFR + 3.120%) 04/01/2031		1,000,000		1,102,166
Morgan Stanley (3.772% to 1-24-28, then 3 month LIBOR + 1.140%) 01/24/2029		550,000		608,584
Raymond James Financial, Inc. 4.950%, 07/15/2046		600,000		775,005
State Street Corp. 3.100%, 05/15/2023		250,000		261,289
Stifel Financial Corp. 4.250%, 07/18/2024		500,000		544,080
Sumitomo Mitsui Financial Group, Inc. 3.784%, 03/09/2026		550,000		606,683
The Allstate Corp. 3.280%, 12/15/2026		500,000		547,702
The Charles Schwab Corp. 3.200%, 01/25/2028		300,000		327,567
The Goldman Sachs Group, Inc.
2.600%, 02/07/2030		700,000		720,454
3.500%, 01/23/2025		750,000		803,348
3.625%, 01/22/2023		500,000		521,124
3.750%, 02/25/2026		500,000		548,667
The Hartford Financial Services Group, Inc. 5.950%, 10/15/2036 (C)		170,000		231,337
The PNC Financial Services Group, Inc. 3.450%, 04/23/2029		1,000,000		1,108,044
The Travelers Companies, Inc. 4.050%, 03/07/2048		300,000		362,450
Travelers Property Casualty Corp. 7.750%, 04/15/2026		50,000		63,724
Truist Financial Corp.
1.125%, 08/03/2027		700,000		684,245
2.850%, 10/26/2024		700,000		744,155
U.S. Bancorp 3.000%, 03/15/2022		600,000		606,196
Wells Fargo & Company 3.450%, 02/13/2023		750,000		780,557
Wells Fargo & Company (2.572% to 2-11-30, then SOFR + 1.262%) 02/11/2031		1,000,000		1,021,780
				51,765,762
Health care – 3.6%
Abbott Laboratories
2.950%, 03/15/2025		300,000		319,590

 

279

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Total Bond Market Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Health care (continued)
Abbott Laboratories (continued)
3.750%, 11/30/2026	$	283,000	$	317,453
AbbVie, Inc.
2.900%, 11/06/2022		500,000		513,515
3.200%, 05/14/2026 to 11/21/2029		1,716,000		1,850,002
4.400%, 11/06/2042		260,000		310,591
Aetna, Inc. 3.500%, 11/15/2024		200,000		215,040
Agilent Technologies, Inc. 3.875%, 07/15/2023		250,000		263,665
Allergan Funding SCS 4.750%, 03/15/2045		321,000		363,189
Amgen, Inc.
4.400%, 05/01/2045		260,000		311,006
4.663%, 06/15/2051		659,000		831,466
Anthem, Inc.
4.101%, 03/01/2028		350,000		396,204
4.650%, 08/15/2044		150,000		185,125
AstraZeneca PLC 0.700%, 04/08/2026		500,000		489,504
Baxalta, Inc. 4.000%, 06/23/2025		500,000		547,049
Bayer US Finance II LLC 2.850%, 04/15/2025 (D)		300,000		310,726
Biogen, Inc. 3.250%, 02/15/2051 (D)		561,000		551,519
Boston Scientific Corp. 2.650%, 06/01/2030		500,000		515,984
Bristol-Myers Squibb Company
3.250%, 08/01/2042		500,000		538,477
4.550%, 02/20/2048		300,000		384,832
Cardinal Health, Inc. 3.750%, 09/15/2025		500,000		544,237
Celgene Corp. 3.875%, 08/15/2025		283,000		311,144
Cigna Corp. 4.375%, 10/15/2028		500,000		577,807
CVS Health Corp.
3.875%, 07/20/2025		650,000		711,627
4.300%, 03/25/2028		389,000		443,715
5.050%, 03/25/2048		500,000		643,601
CVS Pass-Through Trust 8.353%, 07/10/2031 (D)		65,692		85,459
Eli Lilly & Company 2.250%, 05/15/2050		500,000		451,999
Evernorth Health, Inc. 6.125%, 11/15/2041		330,000		446,521
Gilead Sciences, Inc. 3.650%, 03/01/2026		600,000		657,598
GlaxoSmithKline Capital, Inc.
3.625%, 05/15/2025		500,000		545,950
6.375%, 05/15/2038		210,000		309,811
HCA, Inc.
4.500%, 02/15/2027		500,000		562,853
5.500%, 06/15/2047		400,000		518,702
Humana, Inc. 3.850%, 10/01/2024		350,000		378,716
Johnson & Johnson
2.100%, 09/01/2040		500,000		470,107
5.850%, 07/15/2038		285,000		413,569
Laboratory Corp. of America Holdings 2.950%, 12/01/2029		500,000		530,290
Medtronic, Inc. 4.375%, 03/15/2035		500,000		614,719

Total Bond Market Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Health care (continued)
Merck & Company, Inc. 2.750%, 02/10/2025	$	850,000	$	899,912
Novartis Capital Corp. 3.000%, 11/20/2025		500,000		539,983
Pfizer, Inc.
2.750%, 06/03/2026		713,000		767,596
4.400%, 05/15/2044		264,000		328,992
Quest Diagnostics, Inc.
4.200%, 06/30/2029		500,000		571,191
4.700%, 03/30/2045		500,000		613,046
Regeneron Pharmaceuticals, Inc. 2.800%, 09/15/2050		1,000,000		923,247
Stryker Corp. 4.625%, 03/15/2046		350,000		450,136
UnitedHealth Group, Inc.
4.375%, 03/15/2042		50,000		61,047
4.450%, 12/15/2048		300,000		380,425
5.800%, 03/15/2036		300,000		415,769
Utah Acquisition Sub, Inc. 3.950%, 06/15/2026		500,000		550,799
Viatris, Inc. 2.700%, 06/22/2030 (D)		500,000		505,450
Zimmer Biomet Holdings, Inc.
3.050%, 01/15/2026		500,000		534,816
3.550%, 04/01/2025		500,000		537,504
Zoetis, Inc. 2.000%, 05/15/2030		500,000		495,366
				27,008,641
Industrials – 2.8%
3M Company 3.000%, 08/07/2025		330,000		355,501
AerCap Ireland Capital DAC 4.450%, 04/03/2026		400,000		435,695
Air Lease Corp.
3.125%, 12/01/2030		600,000		614,676
3.625%, 12/01/2027		400,000		428,378
American Airlines 2016-2 Class AA Pass Through Trust 3.200%, 06/15/2028		236,100		237,624
Burlington Northern Santa Fe LLC 4.400%, 03/15/2042		50,000		60,785
Canadian Pacific Railway Company 4.450%, 03/15/2023		300,000		313,928
Carrier Global Corp. 3.577%, 04/05/2050		500,000		531,222
Caterpillar, Inc. 3.400%, 05/15/2024		500,000		533,903
CSX Corp.
3.350%, 11/01/2025		420,000		454,438
3.800%, 04/15/2050		1,000,000		1,134,586
Deere & Company 3.100%, 04/15/2030		500,000		543,881
Delta Air Lines 2019-1 Class AA Pass Through Trust 3.204%, 04/25/2024		200,000		211,088
Emerson Electric Company 2.625%, 12/01/2021		250,000		250,455
Equifax, Inc. 3.100%, 05/15/2030		1,200,000		1,268,721
FedEx Corp.
3.875%, 08/01/2042		420,000		459,938
4.400%, 01/15/2047		350,000		409,716
General Electric Company
4.500%, 03/11/2044		500,000		602,922
6.750%, 03/15/2032		66,000		90,280

 

280

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Total Bond Market Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Industrials (continued)
General Electric Company (continued)
6.875%, 01/10/2039	$	168,000	$	250,374
Honeywell International, Inc. 1.950%, 06/01/2030		500,000		500,584
John Deere Capital Corp. 2.050%, 01/09/2025 (C)		500,000		519,632
Johnson Controls, Inc. 5.700%, 03/01/2041		150,000		185,129
Kansas City Southern 2.875%, 11/15/2029		500,000		524,805
Lockheed Martin Corp. 3.800%, 03/01/2045		400,000		463,978
Norfolk Southern Corp. 4.837%, 10/01/2041		240,000		305,494
Northrop Grumman Corp. 3.250%, 01/15/2028		300,000		324,569
Precision Castparts Corp. 3.250%, 06/15/2025		500,000		537,861
Raytheon Technologies Corp.
4.625%, 11/16/2048		500,000		634,342
6.125%, 07/15/2038		225,000		316,751
Roper Technologies, Inc. 4.200%, 09/15/2028		500,000		568,320
Southwest Airlines Company 5.250%, 05/04/2025		1,200,000		1,354,914
The Boeing Company
2.600%, 10/30/2025		438,000		452,914
5.805%, 05/01/2050		600,000		799,782
8.750%, 09/15/2031		90,000		132,690
Thomson Reuters Corp. 4.500%, 05/23/2043		250,000		269,935
Trane Technologies Global Holding Company, Ltd. 4.300%, 02/21/2048		600,000		717,889
Union Pacific Corp.
3.250%, 08/15/2025		500,000		537,939
3.799%, 10/01/2051		313,000		361,503
3.799%, 04/06/2071 (D)		800,000		900,160
United Airlines 2016-2 Class AA Pass Through Trust 2.875%, 10/07/2028		244,495		247,517
United Parcel Service, Inc. 3.400%, 03/15/2029		400,000		444,606
Verisk Analytics, Inc. 4.125%, 03/15/2029		600,000		681,407
				20,970,832
Information technology – 2.5%
Apple, Inc.
2.400%, 05/03/2023		800,000		825,902
2.450%, 08/04/2026		1,060,000		1,121,610
3.250%, 02/23/2026		500,000		543,909
Applied Materials, Inc.
3.900%, 10/01/2025		470,000		520,674
5.100%, 10/01/2035		470,000		614,694
Automatic Data Processing, Inc. 3.375%, 09/15/2025		752,000		819,219
Broadcom, Inc.
2.600%, 02/15/2033 (D)		1,000,000		960,588
3.137%, 11/15/2035 (D)		600,000		599,128
4.300%, 11/15/2032		700,000		784,443
Cisco Systems, Inc. 5.900%, 02/15/2039		80,000		115,554
Eaton Corp. 3.103%, 09/15/2027		500,000		541,853

Total Bond Market Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Information technology (continued)
Fiserv, Inc. 2.250%, 06/01/2027	$	600,000	$	618,869
IBM Corp.
3.450%, 02/19/2026		1,115,000		1,220,219
4.000%, 06/20/2042		210,000		242,371
5.600%, 11/30/2039		21,000		29,115
Intel Corp. 2.700%, 12/15/2022		690,000		709,993
Microsoft Corp.
2.525%, 06/01/2050		1,538,000		1,479,951
3.125%, 11/03/2025		438,000		474,843
NXP BV 3.400%, 05/01/2030 (D)		520,000		564,437
Oracle Corp.
2.400%, 09/15/2023		435,000		450,054
2.650%, 07/15/2026		310,000		326,688
2.950%, 05/15/2025		550,000		583,580
4.125%, 05/15/2045		500,000		538,395
PayPal Holdings, Inc.
2.300%, 06/01/2030		600,000		614,923
2.850%, 10/01/2029		1,000,000		1,067,402
QUALCOMM, Inc. 1.650%, 05/20/2032		566,000		539,056
Visa, Inc.
2.050%, 04/15/2030		600,000		609,532
3.150%, 12/14/2025		463,000		502,066
4.300%, 12/14/2045		463,000		581,213
Xerox Corp. 6.750%, 12/15/2039		60,000		66,036
				18,666,317
Materials – 0.9%
Air Products and Chemicals, Inc. 1.850%, 05/15/2027		500,000		515,122
Eastman Chemical Company 4.650%, 10/15/2044		500,000		598,852
Freeport-McMoRan, Inc. 3.875%, 03/15/2023		500,000		515,850
Glencore Funding LLC 2.625%, 09/23/2031 (D)		500,000		489,650
Huntsman International LLC 4.500%, 05/01/2029		500,000		566,623
International Paper Company 5.000%, 09/15/2035		500,000		618,713
Linde, Inc. 2.450%, 02/15/2022		240,000		240,585
Newmont Corp. 4.875%, 03/15/2042		270,000		339,955
Potash Corp. of Saskatchewan, Inc. 5.625%, 12/01/2040		150,000		193,091
Rio Tinto Alcan, Inc. 6.125%, 12/15/2033		100,000		139,266
Rio Tinto Finance USA PLC 4.750%, 03/22/2042		270,000		346,032
Rio Tinto Finance USA, Ltd.
3.750%, 06/15/2025		485,000		530,105
5.200%, 11/02/2040		250,000		332,855
Teck Resources, Ltd. 6.250%, 07/15/2041		270,000		360,304
The Dow Chemical Company
4.375%, 11/15/2042		590,000		695,406
9.400%, 05/15/2039		130,000		233,117
Vale Overseas, Ltd. 6.875%, 11/10/2039		350,000		473,550
				7,189,076

 

281

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Total Bond Market Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Real estate – 0.7%
American Campus Communities Operating Partnership LP 3.625%, 11/15/2027	$	200,000	$	218,351
American Tower Corp. 5.000%, 02/15/2024		500,000		549,344
Crown Castle International Corp. 3.700%, 06/15/2026		400,000		436,606
CubeSmart LP 4.000%, 11/15/2025		200,000		218,702
Digital Realty Trust LP 4.450%, 07/15/2028		200,000		229,336
Duke Realty LP 3.250%, 06/30/2026		200,000		215,482
Extra Space Storage LP 2.350%, 03/15/2032		500,000		488,450
Mid-America Apartments LP 3.950%, 03/15/2029		800,000		900,439
Service Properties Trust 4.500%, 03/15/2025		200,000		200,000
Simon Property Group LP
3.375%, 06/15/2027		500,000		545,965
3.500%, 09/01/2025		441,500		479,553
SL Green Operating Partnership LP 3.250%, 10/15/2022		500,000		512,375
				4,994,603
Utilities – 2.2%
AEP Transmission Company LLC 3.750%, 12/01/2047		400,000		448,552
Ameren Corp. 3.500%, 01/15/2031		1,000,000		1,087,390
American Water Capital Corp. 4.300%, 09/01/2045		350,000		420,352
Arizona Public Service Company 3.350%, 05/15/2050		500,000		521,425
Berkshire Hathaway Energy Company
4.500%, 02/01/2045		500,000		606,846
6.125%, 04/01/2036		436,000		603,578
Consolidated Edison Company of New York, Inc. 3.950%, 04/01/2050		700,000		798,756
Dominion Energy, Inc.
3.375%, 04/01/2030		600,000		649,941
3.900%, 10/01/2025		242,000		264,532
Duke Energy Carolinas LLC 6.000%, 01/15/2038		200,000		278,079
Duke Energy Corp.
3.750%, 04/15/2024		500,000		533,499
4.800%, 12/15/2045		500,000		619,836
Entergy Texas, Inc. 1.750%, 03/15/2031		700,000		663,054
Essential Utilities, Inc. 4.276%, 05/01/2049		500,000		589,210
Eversource Energy 4.250%, 04/01/2029		500,000		571,472
Exelon Corp. 3.400%, 04/15/2026		542,000		587,053
Exelon Generation Company LLC 6.250%, 10/01/2039		160,000		204,281
Florida Power & Light Company 5.650%, 02/01/2037		290,000		395,138
Georgia Power Company 5.950%, 02/01/2039 (C)		335,000		445,204
Indiana Michigan Power Company 6.050%, 03/15/2037		187,000		256,000

Total Bond Market Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Utilities (continued)
NextEra Energy Capital Holdings, Inc. 2.250%, 06/01/2030	$	700,000	$	703,993
NiSource, Inc. 3.950%, 03/30/2048		400,000		452,638
Oncor Electric Delivery Company LLC 7.500%, 09/01/2038		188,000		301,954
Pacific Gas & Electric Company
2.500%, 02/01/2031		600,000		571,066
3.450%, 07/01/2025		30,000		31,333
3.750%, 07/01/2028		30,000		31,388
4.550%, 07/01/2030		227,000		245,462
4.950%, 07/01/2050		227,000		241,498
PacifiCorp 6.000%, 01/15/2039		335,000		466,977
Public Service Company of Colorado 3.600%, 09/15/2042		500,000		557,197
Public Service Electric & Gas Company 3.000%, 05/15/2025		250,000		265,280
San Diego Gas & Electric Company 6.125%, 09/15/2037		202,000		280,671
Southern California Edison Company
2.250%, 06/01/2030		700,000		687,157
5.350%, 07/15/2035		130,000		161,530
The Southern Company 3.250%, 07/01/2026		572,000		615,511
Virginia Electric & Power Company
3.450%, 09/01/2022		50,000		51,011
8.875%, 11/15/2038		190,000		333,759
Xcel Energy, Inc. 3.300%, 06/01/2025		400,000		426,883
				16,969,506
TOTAL CORPORATE BONDS (Cost $188,491,660)			$	209,355,750
MUNICIPAL BONDS – 0.7%
Bay Area Toll Authority (California) 6.907%, 10/01/2050		50,000		88,450
Illinois State Toll Highway Authority 6.184%, 01/01/2034		150,000		207,492
Maryland State Transportation Authority 5.888%, 07/01/2043		60,000		82,903
Metropolitan Washington Airports Authority 7.462%, 10/01/2046		40,000		69,665
New Jersey Turnpike Authority 7.102%, 01/01/2041 (C)		90,000		143,048
New York State Dormitory Authority 5.628%, 03/15/2039		340,000		437,422
New York State Urban Development Corp. 5.770%, 03/15/2039		300,000		373,803
State of California, GO
7.300%, 10/01/2039		400,000		632,204
7.500%, 04/01/2034		80,000		123,177
State of Illinois, GO
5.100%, 06/01/2033		115,000		134,038
7.350%, 07/01/2035		280,000		355,445
State of Texas, GO 5.517%, 04/01/2039		260,000		373,847
State of Utah, GO
3.539%, 07/01/2025		390,000		412,402
4.554%, 07/01/2024		150,000		160,006
State of Washington, GO 5.481%, 08/01/2039		260,000		359,511

 

282

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Total Bond Market Trust (continued)

		Shares or Principal Amount	Value
MUNICIPAL BONDS (continued)
Texas Transportation Commission State Highway Fund 5.178%, 04/01/2030	$	310,000	$	378,096
University of California 5.770%, 05/15/2043		320,000		444,232
TOTAL MUNICIPAL BONDS (Cost $3,686,744)			$	4,775,741
COLLATERALIZED MORTGAGE OBLIGATIONS – 2.4%
Commercial and residential – 2.1%
Banc of America Commercial Mortgage Trust Series 2015-UBS7, Class A4 3.705%, 09/15/2048		145,000		156,922
BANK Series 2017-BNK6, Class A4 3.254%, 07/15/2060		2,000,000		2,150,906
CD Mortgage Trust Series 2017-CD3, Class A4 3.631%, 02/10/2050		1,090,000		1,196,927
Commercial Mortgage Trust (Cantor Fitzgerald/Deutsche Bank AG)
Series 2012-CR3, Class A3, 2.822%, 10/15/2045		488,940		495,757
Series 2012-CR5, Class A4, 2.771%, 12/10/2045		179,000		182,996
Series 2013-CR8, Class AM, 3.924%, 06/10/2046 (D)(E)		630,000		657,909
Series 2014-CR14, Class A3, 3.955%, 02/10/2047		1,000,000		1,059,868
Series 2014-CR21, Class A3, 3.528%, 12/10/2047		639,549		678,402
Series 2015-CR27, Class A4, 3.612%, 10/10/2048		1,000,000		1,085,394
GS Mortgage Securities Trust
Series 2016-GS4, Class A3, 3.178%, 11/10/2049		3,000,000		3,175,449
Series 2017-GS5, Class A3, 3.409%, 03/10/2050		3,000,000		3,258,124
JPMBB Commercial Mortgage Securities Trust Series 2013-C14, Class A4 4.133%, 08/15/2046 (E)		301,517		314,095
JPMorgan Chase Commercial Mortgage Securities Trust Series 2013-C16, Class A4 4.166%, 12/15/2046		500,000		531,022
Morgan Stanley Bank of America Merrill Lynch Trust Series 2013-C7, Class A4 2.918%, 02/15/2046		240,000		245,363
Wells Fargo Commercial Mortgage Trust Series 2015-C29, Class AS 4.013%, 06/15/2048 (E)		500,000		540,812
				15,729,946
U.S. Government Agency – 0.3%
Federal Home Loan Mortgage Corp.
Series K041, Class A2, 3.171%, 10/25/2024		700,000		748,569
Series K047, Class A2, 3.329%, 05/25/2025 (E)		700,000		757,967
Series K050, Class A2, 3.334%, 08/25/2025 (E)		700,000		760,278
				2,266,814
TOTAL COLLATERALIZED MORTGAGE OBLIGATIONS (Cost $17,548,204)			$	17,996,760

Total Bond Market Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS – 0.0%
Energy – 0.0%
Noble Corp. (F)	38	$	1,022
TOTAL COMMON STOCKS (Cost $508)		$	1,022
WARRANTS – 0.0%
Noble Corp. (Expiration Date: 2-5-28; Strike Price: $23.13) (F)	154		2,156
TOTAL WARRANTS (Cost $279)		$	2,156
SHORT-TERM INVESTMENTS – 17.1%
Short-term funds – 17.1%
John Hancock Collateral Trust, 0.0303% (G)(H)	224,313		2,244,517
State Street Institutional U.S. Government Money Market Fund, Premier Class, 0.0250% (G)	127,357,599		127,357,599
TOTAL SHORT-TERM INVESTMENTS (Cost $129,602,203)		$	129,602,116
Total Investments (Total Bond Market Trust) (Cost $843,753,688) – 115.9%		$	878,003,148
Other assets and liabilities, net – (15.9%)			(120,163,863)
TOTAL NET ASSETS – 100.0%		$	757,839,285

Security Abbreviations and Legend
CMT	Constant Maturity Treasury
GO	General Obligation
LIBOR	London Interbank Offered Rate
SOFR	Secured Overnight Financing Rate
TBA	To Be Announced. A forward mortgage-backed securities trade issued by a U.S. Government Agency, to be delivered at an agreed-upon future settlement date.
(A)	Variable rate obligation. The coupon rate shown represents the rate at period end.
(B)	Security purchased or sold on a when-issued or delayed delivery basis.
(C)	All or a portion of this security is on loan as of 9-30-21. The value of securities on loan amounted to $2,141,566.
(D)	These 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.
(E)	Variable or floating rate security, the interest rate of which adjusts periodically based on a weighted average of interest rates and prepayments on the underlying pool of assets. The interest rate shown is the current rate as of period end.
(F)	Non-income producing security.
(G)	The rate shown is the annualized seven-day yield as of 9-30-21.
(H)	Investment is an affiliate of the fund, the advisor and/or subadvisor. This security represents the investment of cash collateral received for securities lending.

Total Stock Market Index Trust

	Shares or Principal Amount	Value
COMMON STOCKS – 98.5%
Communication services – 10.6%
Diversified telecommunication services – 0.9%
AT&T, Inc.	130,688	$	3,529,883
ATN International, Inc.	316		14,805
Bandwidth, Inc., Class A (A)	499		45,050
Cogent Communications Holdings, Inc.	979		69,352
Consolidated Communications Holdings, Inc. (A)	1,652		15,182

 

283

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (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)
Globalstar, Inc. (A)(B)	32,583	$	54,414
IDT Corp., Class B (A)	637		26,722
Iridium Communications, Inc. (A)	2,764		110,145
Lumen Technologies, Inc.	21,754		269,532
Ooma, Inc. (A)	511		9,510
Verizon Communications, Inc.	75,245		4,063,982
			8,208,577
Entertainment – 1.9%
Activision Blizzard, Inc.	14,392		1,113,797
AMC Entertainment Holdings, Inc., Class A (A)(B)	9,097		346,232
Cinedigm Corp., Class A (A)	1,164		2,922
Cinemark Holdings, Inc. (A)	2,446		46,988
Electronic Arts, Inc.	5,235		744,679
Endeavor Group Holdings, Inc., Class A (A)(B)	9,527		273,139
Gaia, Inc. (A)	509		4,825
Liberty Media Corp.-Liberty Braves, Class A (A)	1,147		30,866
Liberty Media Corp.-Liberty Formula One, Series A (A)	4,894		230,263
Lions Gate Entertainment Corp., Class B (A)	4,693		61,009
Live Nation Entertainment, Inc. (A)	4,406		401,519
LiveXLive Media, Inc. (A)	610		1,824
Madison Square Garden Entertainment Corp. (A)	552		40,114
Madison Square Garden Sports Corp. (A)	499		92,789
Netflix, Inc. (A)	8,118		4,954,740
ROBLOX Corp., Class A (A)	10,263		775,370
Roku, Inc. (A)	2,453		768,648
Sciplay Corp., Class A (A)	2,733		56,546
Take-Two Interactive Software, Inc. (A)	2,246		346,041
The Marcus Corp. (A)	654		11,412
The Walt Disney Company (A)	33,435		5,656,199
Warner Music Group Corp., Class A	9,713		415,134
World Wrestling Entertainment, Inc., Class A	1,652		92,942
Zynga, Inc., Class A (A)	19,797		149,071
			16,617,069
Interactive media and services – 6.2%
Actua Corp. (A)(C)	909		68
Alphabet, Inc., Class A (A)	5,463		14,605,440
Alphabet, Inc., Class C (A)	6,499		17,321,850
Angi, Inc., Class A (A)	10,603		130,841
Bumble, Inc., Class A (A)	895		44,732
CarGurus, Inc. (A)	2,365		74,285
Cars.com, Inc. (A)	1,453		18,380
Eventbrite, Inc., Class A (A)	1,808		34,189
EverQuote, Inc., Class A (A)	566		10,545
Facebook, Inc., Class A (A)	51,931		17,624,862
IAC/InterActiveCorp (A)	1,721		224,229
Kubient, Inc. (A)	256		827
Liberty TripAdvisor Holdings, Inc., Class A (A)	1,370		4,233
Match Group, Inc. (A)	4,980		781,810
Pinterest, Inc., Class A (A)	11,654		593,771
QuinStreet, Inc. (A)	1,130		19,843
Snap, Inc., Class A (A)	23,773		1,756,112
Super League Gaming, Inc. (A)	1,312		4,080
TripAdvisor, Inc. (A)	2,658		89,973
TrueCar, Inc. (A)	2,492		10,367
Twitter, Inc. (A)	14,736		889,907
Vimeo, Inc. (A)	2,863		84,086
Yelp, Inc. (A)	1,481		55,152

Total Stock Market Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Interactive media and services (continued)
Zillow Group, Inc., Class C (A)	4,332	$	381,822
ZoomInfo Technologies, Inc., Class A (A)	6,538		400,060
			55,161,464
Media – 1.3%
Altice USA, Inc., Class A (A)	8,719		180,658
AMC Networks, Inc., Class A (A)	962		44,820
Audacy, Inc. (A)	3,101		11,412
Boston Omaha Corp., Class A (A)	528		20,476
Cable One, Inc.	114		206,697
Cardlytics, Inc. (A)	535		44,908
Charter Communications, Inc., Class A (A)	2,778		2,021,162
Clear Channel Outdoor Holdings, Inc. (A)	8,922		24,179
Comcast Corp., Class A	84,640		4,733,915
Discovery, Inc., Series A (A)(B)	9,625		244,283
Discovery, Inc., Series C (A)	724		17,571
DISH Network Corp., Class A (A)	9,877		429,254
Emerald Holding, Inc. (A)	1,734		7,526
Entravision Communications Corp., Class A	2,355		16,721
Fox Corp., Class B	7,492		278,103
Gannett Company, Inc. (A)	2,798		18,691
Gray Television, Inc.	2,122		48,424
Hemisphere Media Group, Inc. (A)	614		7,479
iHeartMedia, Inc., Class A (A)	94		2,352
John Wiley & Sons, Inc., Class A	1,105		57,692
Liberty Media Corp.-Liberty SiriusXM, Series A (A)	5,951		280,709
Loral Space & Communications, Inc.	501		21,548
Meredith Corp. (A)	965		53,751
National CineMedia, Inc.	1,758		6,258
News Corp., Class A	11,420		268,713
Nexstar Media Group, Inc., Class A	936		142,235
Omnicom Group, Inc.	4,046		293,173
PubMatic, Inc., Class A (A)	494		13,017
Saga Communications, Inc., Class A	930		21,158
Scholastic Corp.	780		27,807
Sinclair Broadcast Group, Inc., Class A	1,912		60,572
Sirius XM Holdings, Inc. (B)	78,403		478,258
TechTarget, Inc. (A)	625		51,513
TEGNA, Inc.	4,077		80,398
The EW Scripps Company, Class A	1,766		31,894
The Interpublic Group of Companies, Inc.	7,904		289,840
The New York Times Company, Class A	3,053		150,421
Tremor International, Ltd. (A)	81		739
ViacomCBS, Inc., Class B	11,857		468,470
WideOpenWest, Inc. (A)	1,455		28,591
			11,185,388
Wireless telecommunication services – 0.3%
Gogo, Inc. (A)	2,008		34,738
Shenandoah Telecommunications Company	1,051		33,191
Spok Holdings, Inc.	499		5,100
Telephone & Data Systems, Inc.	2,451		47,795
T-Mobile US, Inc. (A)	23,046		2,944,357
United States Cellular Corp. (A)	1,559		49,717
			3,114,898
			94,287,396

 

284

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Total Stock Market Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Consumer discretionary – 12.8%
Auto components – 0.2%
American Axle & Manufacturing Holdings, Inc. (A)	2,288	$	20,157
Autoliv, Inc.	1,369		117,351
BorgWarner, Inc.	4,199		181,439
Dana, Inc.	3,021		67,187
Dorman Products, Inc. (A)	683		64,660
Fox Factory Holding Corp. (A)	808		116,788
Gentex Corp.	3,814		125,786
Gentherm, Inc. (A)	714		57,784
LCI Industries	524		70,546
Lear Corp.	1,062		166,182
Modine Manufacturing Company (A)	1,173		13,290
Motorcar Parts of America, Inc. (A)	476		9,282
Patrick Industries, Inc.	506		42,150
QuantumScape Corp. (A)	10,810		265,277
Standard Motor Products, Inc.	472		20,631
Stoneridge, Inc. (A)	619		12,621
Tenneco, Inc., Class A (A)	1,001		14,284
The Goodyear Tire & Rubber Company (A)	5,858		103,687
Veoneer, Inc. (A)(B)	2,448		83,379
Visteon Corp. (A)	596		56,256
			1,608,737
Automobiles – 2.0%
Arcimoto, Inc. (A)	197		2,252
AYRO, Inc. (A)	733		2,500
Ford Motor Company (A)	74,176		1,050,332
General Motors Company (A)	26,511		1,397,395
Harley-Davidson, Inc.	3,110		113,857
Lucid Group, Inc. (A)	36,280		920,786
Tesla, Inc. (A)	17,704		13,729,098
Thor Industries, Inc.	1,156		141,911
Winnebago Industries, Inc.	650		47,093
			17,405,224
Distributors – 0.1%
Funko, Inc., Class A (A)	1,079		19,649
Genuine Parts Company	2,698		327,079
Greenlane Holdings, Inc., Class A (A)	2,197		5,207
LKQ Corp. (A)	5,851		294,422
Pool Corp.	737		320,160
Weyco Group, Inc.	262		5,937
			972,454
Diversified consumer services – 0.1%
2U, Inc. (A)	1,345		45,152
Adtalem Global Education, Inc. (A)	976		36,903
American Public Education, Inc. (A)	372		9,527
Bright Horizons Family Solutions, Inc. (A)	1,171		163,261
Carriage Services, Inc.	454		20,244
Chegg, Inc. (A)	2,536		172,499
Coursera, Inc. (A)	784		24,814
frontdoor, Inc. (A)	1,584		66,370
Graham Holdings Company, Class B	8		4,713
Grand Canyon Education, Inc. (A)	934		82,155
H&R Block, Inc.	3,912		97,800
Houghton Mifflin Harcourt Company (A)	2,879		38,665
ITT Educational Services, Inc. (A)	608		0
Laureate Education, Inc., Class A (A)	4,397		74,705
Perdoceo Education Corp. (A)	1,522		16,072
Regis Corp. (A)	845		2,941
Select Interior Concepts, Inc., Class A (A)	642		9,258
Service Corp. International	3,677		221,576

Total Stock Market Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Diversified consumer services (continued)
StoneMor, Inc. (A)	3,034	$	7,494
Strategic Education, Inc.	459		32,360
Stride, Inc. (A)	857		30,801
Terminix Global Holdings, Inc. (A)	2,398		99,925
WW International, Inc. (A)	1,417		25,860
XpresSpa Group, Inc. (A)(B)	2,007		2,950
			1,286,045
Hotels, restaurants and leisure – 2.3%
Airbnb, Inc., Class A (A)	11,378		1,908,660
Ambassadors Group, Inc. (A)(C)	714		29
Aramark	5,209		171,168
Bally's Corp. (A)	719		36,051
Biglari Holdings, Inc., Class B (A)	58		9,965
BJ's Restaurants, Inc. (A)	418		17,456
Bloomin' Brands, Inc. (A)	1,832		45,800
Bluegreen Vacations Holding Corp. (A)	1,283		33,101
Booking Holdings, Inc. (A)	748		1,775,655
Boyd Gaming Corp. (A)	2,333		147,586
Brinker International, Inc. (A)	773		37,916
Caesars Entertainment, Inc. (A)	3,382		379,731
Carnival Corp. (A)	17,758		444,128
Carrols Restaurant Group, Inc.	1,021		3,737
Cedar Fair LP (A)	1,175		54,497
Century Casinos, Inc. (A)	691		9,308
Chipotle Mexican Grill, Inc. (A)	526		956,016
Choice Hotels International, Inc.	1,159		146,463
Churchill Downs, Inc.	782		187,743
Chuy's Holdings, Inc. (A)	395		12,454
Cracker Barrel Old Country Store, Inc.	497		69,500
Darden Restaurants, Inc.	2,531		383,371
Dave & Buster's Entertainment, Inc. (A)	654		25,068
Denny's Corp. (A)	1,245		20,343
Dine Brands Global, Inc. (A)	348		28,261
Domino's Pizza, Inc.	710		338,642
DraftKings, Inc., Class A (A)(B)	14,490		697,838
Drive Shack, Inc. (A)	1,927		5,415
El Pollo Loco Holdings, Inc. (A)	824		13,926
Everi Holdings, Inc. (A)	1,749		42,291
Expedia Group, Inc. (A)	2,827		463,345
Fiesta Restaurant Group, Inc. (A)	709		7,771
Golden Entertainment, Inc. (A)	617		30,289
Hall of Fame Resort & Entertainment Company (A)	529		1,402
Hilton Grand Vacations, Inc. (A)	1,803		85,769
Hilton Worldwide Holdings, Inc. (A)	4,511		595,948
Hyatt Hotels Corp., Class A (A)	1,966		151,579
Jack in the Box, Inc.	490		47,692
Las Vegas Sands Corp. (A)	14,043		513,974
Marriott International, Inc., Class A (A)	6,139		909,125
Marriott Vacations Worldwide Corp.	878		138,136
McDonald's Corp.	13,213		3,185,786
MGM Resorts International	9,941		428,954
Monarch Casino & Resort, Inc. (A)	382		25,590
Nathan's Famous, Inc.	100		6,117
Noodles & Company (A)	1,045		12,331
Norwegian Cruise Line Holdings, Ltd. (A)	4,498		120,142
Papa John's International, Inc.	670		85,083
Penn National Gaming, Inc. (A)	2,783		201,656
Planet Fitness, Inc., Class A (A)	1,802		141,547
PlayAGS, Inc. (A)	812		6,399
RCI Hospitality Holdings, Inc.	238		16,305
Red Robin Gourmet Burgers, Inc. (A)	308		7,102
Red Rock Resorts, Inc., Class A (A)	2,475		126,770
Restaurant Brands International LP	82		5,004

 

285

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Total Stock Market Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Hotels, restaurants and leisure (continued)
Royal Caribbean Cruises, Ltd. (A)	4,371	$	388,800
Ruth's Hospitality Group, Inc. (A)	679		14,062
Scientific Games Corp. (A)	1,986		164,977
SeaWorld Entertainment, Inc. (A)	1,657		91,665
Shake Shack, Inc., Class A (A)	792		62,140
Six Flags Entertainment Corp. (A)	1,773		75,353
Starbucks Corp.	21,759		2,400,235
Texas Roadhouse, Inc.	1,455		132,885
The Cheesecake Factory, Inc. (A)	940		44,180
The Wendy's Company	4,472		96,953
Travel + Leisure Company	1,894		103,280
Vail Resorts, Inc. (A)	751		250,872
Wingstop, Inc.	618		101,309
Wyndham Hotels & Resorts, Inc.	1,985		153,222
Wynn Resorts, Ltd. (A)	2,242		190,010
Yum! Brands, Inc.	5,398		660,229
			20,246,107
Household durables – 0.4%
Aterian, Inc. (A)(B)	586		6,346
Bassett Furniture Industries, Inc.	298		5,397
Beazer Homes USA, Inc. (A)	757		13,058
Cavco Industries, Inc. (A)	196		46,401
Century Communities, Inc.	679		41,725
Cricut, Inc., Class A (A)(B)	3,515		96,944
D.R. Horton, Inc.	6,613		555,294
Ethan Allen Interiors, Inc.	592		14,030
Flexsteel Industries, Inc.	230		7,102
GoPro, Inc., Class A (A)	3,474		32,517
Green Brick Partners, Inc. (A)	1,182		24,255
Hamilton Beach Brands Holding Company, Class A	354		5,547
Hamilton Beach Brands Holding Company, Class B	241		3,776
Helen of Troy, Ltd. (A)	477		107,172
Hooker Furnishings Corp.	271		7,314
Hovnanian Enterprises, Inc., Class A (A)	148		14,266
Installed Building Products, Inc.	636		68,147
iRobot Corp. (A)	605		47,493
KB Home	1,848		71,924
La-Z-Boy, Inc.	986		31,779
Legacy Housing Corp. (A)	580		10,423
Leggett & Platt, Inc.	2,764		123,938
Lennar Corp., A Shares	5,721		535,943
M/I Homes, Inc. (A)	609		35,200
MDC Holdings, Inc.	1,420		66,342
Meritage Homes Corp. (A)	612		59,364
Mohawk Industries, Inc. (A)	1,330		235,942
Newell Brands, Inc.	8,877		196,537
NVR, Inc. (A)	53		254,086
PulteGroup, Inc.	4,745		217,890
Purple Innovation, Inc. (A)	922		19,380
Skyline Champion Corp. (A)	1,218		73,153
Sonos, Inc. (A)	2,332		75,464
Taylor Morrison Home Corp. (A)	2,853		73,550
Tempur Sealy International, Inc.	4,262		197,799
The Lovesac Company (A)	354		23,396
Toll Brothers, Inc.	2,331		128,881
TopBuild Corp. (A)	712		145,825
Tri Pointe Homes, Inc. (A)	2,144		45,067
Tupperware Brands Corp. (A)	1,115		23,549
Universal Electronics, Inc. (A)	312		15,366
Vizio Holding Corp., Class A (A)	36		765
VOXX International Corp. (A)	1,072		12,274

Total Stock Market Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Household durables (continued)
Whirlpool Corp.	1,133	$	230,973
			4,001,594
Internet and direct marketing retail – 4.0%
1-800-Flowers.com, Inc., Class A (A)	1,394		42,531
1847 Goedeker, Inc. (A)	2,236		7,021
Amazon.com, Inc. (A)	9,239		30,350,485
Chewy, Inc., Class A (A)(B)	7,913		538,954
ContextLogic, Inc., Class A (A)(B)	11,179		61,037
DoorDash, Inc., Class A (A)	6,049		1,245,973
Duluth Holdings, Inc., Class B (A)	700		9,541
eBay, Inc.	12,433		866,207
Etsy, Inc. (A)	2,431		505,551
Groupon, Inc. (A)	624		14,233
Just Eat Takeaway.com NV (A)	2,538		36,877
Lands' End, Inc. (A)	743		17,490
Liquidity Services, Inc. (A)	965		20,854
Magnite, Inc. (A)	1,986		55,608
Opendoor Technologies, Inc. (A)	19,441		399,124
Overstock.com, Inc. (A)	772		60,154
PetMed Express, Inc.	456		12,253
Poshmark, Inc., Class A (A)	721		17,131
Quotient Technology, Inc. (A)	1,851		10,773
Qurate Retail, Inc., Series A	8,500		86,615
Remark Holdings, Inc. (A)	1,705		1,790
Revolve Group, Inc. (A)	1,471		90,864
RumbleON, Inc., Class B (A)	39		1,520
Shutterstock, Inc.	747		84,650
Stamps.com, Inc. (A)	358		118,065
Stitch Fix, Inc., Class A (A)	2,150		85,893
The RealReal, Inc. (A)	1,823		24,027
ThredUp, Inc., Class A (A)	1,343		29,130
Wayfair, Inc., Class A (A)	1,927		492,368
			35,286,719
Leisure products – 0.2%
Acushnet Holdings Corp.	1,579		73,739
American Outdoor Brands, Inc. (A)	307		7,540
Brunswick Corp.	1,697		161,673
Callaway Golf Company (A)	1,981		54,735
Clarus Corp.	526		13,481
Escalade, Inc.	418		7,904
Hasbro, Inc.	2,684		239,466
Hayward Holdings, Inc. (A)	820		18,237
Johnson Outdoors, Inc., Class A	217		22,959
Malibu Boats, Inc., Class A (A)	437		30,581
Marine Products Corp.	742		9,282
MasterCraft Boat Holdings, Inc. (A)	441		11,060
Mattel, Inc. (A)	7,297		135,432
Nautilus, Inc. (A)	464		4,320
Peloton Interactive, Inc., Class A (A)	5,619		489,134
Polaris, Inc.	1,232		147,421
Smith & Wesson Brands, Inc.	1,231		25,556
Sturm Ruger & Company, Inc.	342		25,233
Vista Outdoor, Inc. (A)	1,284		51,758
YETI Holdings, Inc. (A)	1,811		155,185
			1,684,696
Multiline retail – 0.4%
Big Lots, Inc.	827		35,859
Dillard's, Inc., Class A	529		91,263
Dollar General Corp.	4,313		914,960
Dollar Tree, Inc. (A)	4,275		409,203
Kohl's Corp.	3,223		151,771
Macy's, Inc.	6,460		145,996
Nordstrom, Inc. (A)	3,244		85,804
Ollie's Bargain Outlet Holdings, Inc. (A)	1,336		80,534

 

286

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Total Stock Market Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Multiline retail (continued)
Target Corp.	9,085	$	2,078,375
			3,993,765
Specialty retail – 2.3%
Abercrombie & Fitch Company, Class A (A)	1,358		51,102
Advance Auto Parts, Inc.	1,216		254,010
American Eagle Outfitters, Inc.	3,537		91,255
America's Car-Mart, Inc. (A)	119		13,897
Asbury Automotive Group, Inc. (A)	403		79,286
AutoNation, Inc. (A)	1,625		197,860
AutoZone, Inc. (A)	387		657,122
Barnes & Noble Education, Inc. (A)	1,248		12,468
Bath & Body Works, Inc.	5,296		333,807
Bed Bath & Beyond, Inc. (A)	2,528		43,671
Best Buy Company, Inc.	4,684		495,146
Boot Barn Holdings, Inc. (A)	611		54,300
Burlington Stores, Inc. (A)	1,195		338,866
Caleres, Inc.	889		19,754
Camping World Holdings, Inc., Class A	1,893		73,581
CarMax, Inc. (A)	3,061		391,686
Carvana Company (A)	3,262		983,623
Chico's FAS, Inc. (A)	2,691		12,083
Citi Trends, Inc. (A)	286		20,867
Conn's, Inc. (A)	510		11,643
Designer Brands, Inc., Class A (A)	1,564		21,787
Destination XL Group, Inc. (A)	134		820
Dick's Sporting Goods, Inc.	1,834		219,658
EVgo, Inc. (A)(B)	41,605		339,081
Express, Inc. (A)	695		3,280
Five Below, Inc. (A)	1,162		205,453
Floor & Decor Holdings, Inc., Class A (A)	2,115		255,471
Foot Locker, Inc.	1,841		84,060
GameStop Corp., Class A (A)(B)	1,393		244,430
Genesco, Inc. (A)	319		18,416
Group 1 Automotive, Inc.	389		73,085
Guess?, Inc.	1,387		29,141
Haverty Furniture Companies, Inc.	468		15,776
Hibbett, Inc.	399		28,225
Leslie's, Inc. (A)	624		12,817
Lithia Motors, Inc.	485		153,764
Lowe's Companies, Inc.	13,002		2,637,586
Lumber Liquidators Holdings, Inc. (A)	701		13,095
MarineMax, Inc. (A)	503		24,406
Monro, Inc.	705		40,545
Murphy USA, Inc.	538		89,986
National Vision Holdings, Inc. (A)	1,673		94,976
O'Reilly Automotive, Inc. (A)	1,240		757,714
Party City Holdco, Inc. (A)	1,740		12,354
Penske Automotive Group, Inc.	1,591		160,055
Rent-A-Center, Inc.	1,196		67,227
RH (A)	398		265,430
Ross Stores, Inc.	6,421		698,926
Sally Beauty Holdings, Inc. (A)	2,432		40,979
Shoe Carnival, Inc.	604		19,582
Signet Jewelers, Ltd.	1,125		88,830
Sleep Number Corp. (A)	608		56,836
Sonic Automotive, Inc., Class A	881		46,288
Sportsman's Warehouse Holdings, Inc. (A)	611		10,754
The Aaron's Company, Inc.	707		19,471
The Buckle, Inc.	978		38,719
The Cato Corp., Class A	560		9,262
The Children's Place, Inc. (A)	330		24,836
The Container Store Group, Inc. (A)	658		6,264

Total Stock Market Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Specialty retail (continued)
The Gap, Inc.	7,254	$	164,666
The Home Depot, Inc.	18,108		5,944,132
The ODP Corp. (A)	1,563		62,770
The TJX Companies, Inc.	21,978		1,450,108
Tilly's, Inc., Class A	701		9,821
Tractor Supply Company	2,217		449,186
Ulta Beauty, Inc. (A)	1,059		382,214
Urban Outfitters, Inc. (A)	2,057		61,072
Victoria's Secret & Company (A)	1,765		97,534
Vroom, Inc. (A)	1,684		37,166
Williams-Sonoma, Inc.	1,458		258,547
Winmark Corp.	75		16,127
Zumiez, Inc. (A)	551		21,908
			20,020,663
Textiles, apparel and luxury goods – 0.8%
Carter's, Inc.	772		75,069
Columbia Sportswear Company	1,104		105,807
Crocs, Inc. (A)	1,447		207,616
Culp, Inc.	350		4,508
Deckers Outdoor Corp. (A)	498		179,380
Fossil Group, Inc. (A)	1,160		13,746
G-III Apparel Group, Ltd. (A)	1,025		29,008
Hanesbrands, Inc.	6,891		118,250
Kontoor Brands, Inc.	1,195		59,690
Levi Strauss & Company, Class A	7,699		188,702
Movado Group, Inc.	510		16,060
NIKE, Inc., Class B	28,917		4,199,616
Oxford Industries, Inc.	352		31,740
PVH Corp. (A)	1,528		157,063
Ralph Lauren Corp.	1,384		153,679
Rocky Brands, Inc.	193		9,189
Skechers USA, Inc., Class A (A)	3,142		132,341
Steven Madden, Ltd.	1,594		64,015
Superior Group of Companies, Inc.	407		9,479
Tapestry, Inc.	5,678		210,200
Under Armour, Inc., Class A (A)	9,445		190,600
Unifi, Inc. (A)	438		9,605
Vera Bradley, Inc. (A)	773		7,274
VF Corp.	7,014		469,868
Wolverine World Wide, Inc.	1,702		50,788
			6,693,293
			113,199,297
Consumer staples – 5.6%
Beverages – 1.3%
Brown-Forman Corp., Class B	8,649		579,569
Celsius Holdings, Inc. (A)	1,510		136,036
Coca-Cola Consolidated, Inc.	196		77,259
Constellation Brands, Inc., Class A	3,515		740,575
Keurig Dr. Pepper, Inc.	27,260		931,202
MGP Ingredients, Inc.	345		22,460
Molson Coors Beverage Company, Class B	3,946		183,015
Monster Beverage Corp. (A)	9,915		880,749
National Beverage Corp.	1,990		104,455
NewAge, Inc. (A)	1,610		2,238
PepsiCo, Inc.	25,092		3,774,088
Primo Water Corp.	546		8,583
The Boston Beer Company, Inc., Class A (A)	240		122,340
The Coca-Cola Company	78,888		4,139,253
			11,701,822
Food and staples retailing – 1.5%
Albertsons Companies, Inc., Class A (B)	8,787		273,539
BJ's Wholesale Club Holdings, Inc. (A)	2,669		146,581

 

287

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Total Stock Market Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Food and staples retailing (continued)
Casey's General Stores, Inc.	646	$	121,739
Costco Wholesale Corp.	8,015		3,601,540
Grocery Outlet Holding Corp. (A)	1,883		40,616
HF Foods Group, Inc. (A)	1,021		6,177
Ingles Markets, Inc., Class A	443		29,251
Natural Grocers by Vitamin Cottage, Inc.	601		6,743
Performance Food Group Company (A)	2,758		128,137
PriceSmart, Inc.	644		49,942
Rite Aid Corp. (A)	1,197		16,997
SpartanNash Company	869		19,031
Sprouts Farmers Market, Inc. (A)	2,519		58,365
Sysco Corp.	9,614		754,699
The Andersons, Inc.	755		23,277
The Chefs' Warehouse, Inc. (A)	665		21,659
The Kroger Company	13,834		559,309
U.S. Foods Holding Corp. (A)	4,546		157,564
United Natural Foods, Inc. (A)	1,210		58,588
Village Super Market, Inc., Class A	374		8,108
Walgreens Boots Alliance, Inc.	15,828		744,707
Walmart, Inc.	51,237		7,141,413
Weis Markets, Inc.	558		29,323
			13,997,305
Food products – 1.0%
Alico, Inc.	195		6,677
Archer-Daniels-Midland Company	10,167		610,122
B&G Foods, Inc. (B)	1,345		40,202
Beyond Meat, Inc. (A)(B)	1,287		135,470
Bunge, Ltd.	2,731		222,085
Calavo Growers, Inc.	372		14,225
Cal-Maine Foods, Inc.	948		34,280
Campbell Soup Company	5,758		240,742
Conagra Brands, Inc.	9,157		310,148
Darling Ingredients, Inc. (A)	3,349		240,793
Flowers Foods, Inc.	4,259		100,640
Fresh Del Monte Produce, Inc.	1,036		33,380
Freshpet, Inc. (A)	763		108,872
General Mills, Inc.	11,113		664,780
Hormel Foods Corp.	8,327		341,407
Hostess Brands, Inc. (A)	2,739		47,576
Ingredion, Inc.	1,127		100,314
J&J Snack Foods Corp.	393		60,058
John B. Sanfilippo & Son, Inc.	247		20,185
Kellogg Company	6,139		392,405
Lamb Weston Holdings, Inc.	2,892		177,482
Lancaster Colony Corp.	432		72,926
Landec Corp. (A)	729		6,721
Limoneira Company	402		6,500
McCormick & Company, Inc.	4,936		399,964
Mondelez International, Inc., Class A	25,253		1,469,220
Pilgrim's Pride Corp. (A)	4,994		145,226
Post Holdings, Inc. (A)	1,233		135,827
Sanderson Farms, Inc.	465		87,513
Seaboard Corp.	17		69,700
Seneca Foods Corp., Class A (A)	231		11,139
The Hain Celestial Group, Inc. (A)	2,077		88,854
The Hershey Company	3,776		639,088
The J.M. Smucker Company	1,442		173,083
The Kraft Heinz Company	22,286		820,571
The Simply Good Foods Company (A)	1,921		66,255
Tootsie Roll Industries, Inc.	1,302		39,620
TreeHouse Foods, Inc. (A)	1,183		47,178

Total Stock Market Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Food products (continued)
Tyson Foods, Inc., Class A	6,498	$	512,952
			8,694,180
Household products – 1.0%
Central Garden & Pet Company, Class A (A)	1,200		51,600
Church & Dwight Company, Inc.	4,606		380,317
Colgate-Palmolive Company	15,543		1,174,740
Energizer Holdings, Inc.	1,450		56,623
Kimberly-Clark Corp.	5,663		750,008
Oil-Dri Corp. of America	183		6,405
Reynolds Consumer Products, Inc.	1,546		42,268
Spectrum Brands Holdings, Inc.	994		95,096
The Clorox Company	2,297		380,406
The Procter & Gamble Company	41,370		5,783,526
WD-40 Company	246		56,944
			8,777,933
Personal products – 0.3%
BellRing Brands, Inc., Class A (A)	593		18,235
Coty, Inc., Class A (A)	15,881		124,825
Edgewell Personal Care Company	1,170		42,471
elf Beauty, Inc. (A)	1,098		31,897
Herbalife Nutrition, Ltd. (A)	2,538		107,560
Inter Parfums, Inc.	645		48,227
Medifast, Inc.	247		47,582
Nature's Sunshine Products, Inc.	585		8,570
Nu Skin Enterprises, Inc., Class A	1,184		47,916
Revlon, Inc., Class A (A)	1,150		11,627
The Estee Lauder Companies, Inc., Class A	6,714		2,013,730
USANA Health Sciences, Inc. (A)	464		42,781
Veru, Inc. (A)	1,088		9,281
			2,554,702
Tobacco – 0.5%
22nd Century Group, Inc. (A)	3,359		9,943
Altria Group, Inc.	34,366		1,564,340
Philip Morris International, Inc.	28,573		2,708,435
Turning Point Brands, Inc.	443		21,153
Universal Corp.	441		21,314
Vector Group, Ltd.	3,163		40,328
			4,365,513
			50,091,455
Energy – 3.0%
Energy equipment and services – 0.3%
Archrock, Inc.	3,041		25,088
Aspen Aerogels, Inc. (A)	761		35,014
Baker Hughes Company	20,338		502,959
Bristow Group, Inc. (A)	201		6,398
Cactus, Inc., Class A	1,614		60,880
ChampionX Corp. (A)	1,683		37,632
DMC Global, Inc. (A)	314		11,590
Dril-Quip, Inc. (A)	785		19,766
Exterran Corp. (A)	5,600		24,864
Halliburton Company	16,791		363,021
Helix Energy Solutions Group, Inc. (A)	3,143		12,195
Helmerich & Payne, Inc.	2,298		62,988
ION Geophysical Corp. (A)	100		133
Liberty Oilfield Services, Inc., Class A (A)	2,453		29,755
Nabors Industries, Ltd. (A)	193		18,621
National Energy Services Reunited Corp. (A)	1,682		21,059
Newpark Resources, Inc. (A)	2,201		7,263
NexTier Oilfield Solutions, Inc. (A)	4,501		20,705

 

288

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Total Stock Market Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Energy equipment and services (continued)
NOV, Inc. (A)	8,165	$	107,043
Oceaneering International, Inc. (A)	2,236		29,784
Oil States International, Inc. (A)	1,360		8,690
Patterson-UTI Energy, Inc.	4,413		39,717
ProPetro Holding Corp. (A)	1,939		16,772
RPC, Inc. (A)	4,420		21,481
Schlumberger NV	26,793		794,145
Select Energy Services, Inc., Class A (A)	2,472		12,830
Solaris Oilfield Infrastructure, Inc., Class A	1,111		9,266
Tidewater, Inc. (A)	820		9,889
USA Compression Partners LP	2,120		35,128
			2,344,676
Oil, gas and consumable fuels – 2.7%
Aemetis, Inc. (A)	664		12,138
Alliance Resource Partners LP	2,793		30,360
Antero Midstream Corp.	10,691		111,400
Antero Resources Corp. (A)	6,209		116,791
APA Corp.	7,916		169,640
Arch Resources, Inc. (A)	237		21,982
Black Stone Minerals LP	4,760		57,358
BP Midstream Partners LP	1,216		16,112
Brigham Minerals, Inc., Class A	1,168		22,379
Cabot Oil & Gas Corp.	7,705		167,661
Callon Petroleum Company (A)	748		36,712
Calumet Specialty Products Partners LP (A)	1,998		15,804
Centennial Resource Development, Inc., Class A (A)	5,329		35,704
Cheniere Energy, Inc. (A)	4,797		468,523
Chevron Corp.	35,846		3,636,577
Cimarex Energy Company	2,170		189,224
Clean Energy Fuels Corp. (A)	4,677		38,118
CNX Resources Corp. (A)	4,966		62,671
Comstock Resources, Inc. (A)	3,787		39,195
ConocoPhillips	25,493		1,727,661
CONSOL Energy, Inc. (A)	813		21,154
Contango Oil & Gas Company (A)	2,538		11,599
Continental Resources, Inc.	7,747		357,524
Crestwood Equity Partners LP	1,581		44,869
CrossAmerica Partners LP	693		13,784
DCP Midstream LP	3,986		112,525
Delek Logistics Partners LP	486		21,982
Delek US Holdings, Inc. (A)	1,558		27,997
Denbury, Inc. (A)	6		422
Devon Energy Corp.	12,660		449,557
Diamondback Energy, Inc.	3,607		341,475
Dorchester Minerals LP	821		15,739
Dorian LPG, Ltd.	943		11,703
DT Midstream, Inc.	1,701		78,654
Enable Midstream Partners LP	9,301		75,524
Energy Transfer LP	50,779		486,463
EnLink Midstream LLC (A)	10,548		71,937
Enterprise Products Partners LP	38,219		827,059
Enviva Partners LP	728		39,378
EOG Resources, Inc.	11,459		919,814
EQT Corp. (A)	5,432		111,139
Equitrans Midstream Corp.	9,307		94,373
Exxon Mobil Corp.	78,073		4,592,254
Genesis Energy LP	2,697		26,889
Gevo, Inc. (A)	3,343		22,198
Global Partners LP	828		17,537
Green Plains Partners LP	503		6,655
Green Plains, Inc. (A)	849		27,720
Harvest Natural Resources, Inc. (A)(C)	270		0

Total Stock Market Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Oil, gas and consumable fuels (continued)
Hess Corp.	6,383	$	498,576
Hess Midstream LP, Class A	701		19,775
Holly Energy Partners LP	2,024		37,100
HollyFrontier Corp.	3,388		112,244
International Seaways, Inc.	523		9,529
Kimbell Royalty Partners LP	1,094		15,458
Kinder Morgan, Inc.	40,181		672,228
Laredo Petroleum, Inc. (A)	213		17,268
LinnCo LLC (A)(C)	2,890		0
Magellan Midstream Partners LP	2,130		97,085
Magnolia Oil & Gas Corp., Class A	5,625		100,069
Marathon Oil Corp.	16,893		230,927
Marathon Petroleum Corp.	11,987		740,916
Matador Resources Company	2,421		92,095
MPLX LP	20,258		576,745
Murphy Oil Corp.	2,339		58,405
NACCO Industries, Inc., Class A	187		5,580
Natural Resource Partners LP	290		6,861
New Fortress Energy, Inc. (B)	3,618		100,400
Northern Oil and Gas, Inc.	765		16,371
NuStar Energy LP	2,314		36,422
Oasis Midstream Partners LP	640		14,291
Occidental Petroleum Corp.	18,678		552,495
ONEOK, Inc.	8,642		501,150
Ovintiv, Inc.	2,983		98,081
PBF Energy, Inc., Class A (A)	2,549		33,061
PBF Logistics LP	1,384		17,466
PDC Energy, Inc.	2,080		98,571
Peabody Energy Corp. (A)	2,003		29,624
Phillips 66	8,201		574,316
Phillips 66 Partners LP	4,581		164,229
Pioneer Natural Resources Company	4,258		709,000
Plains All American Pipeline LP	14,426		146,712
Plains GP Holdings LP, Class A (A)	3,615		38,952
Range Resources Corp. (A)	5,163		116,839
Rattler Midstream LP	2,920		34,281
Renewable Energy Group, Inc. (A)	765		38,403
REX American Resources Corp. (A)	157		12,540
SFL Corp., Ltd.	2,278		19,090
Shell Midstream Partners LP	4,939		58,132
SM Energy Company	2,203		58,115
Southwestern Energy Company (A)	11,510		63,765
Sprague Resources LP	617		11,482
Sunoco LP	1,255		46,837
Talos Energy, Inc. (A)	1,089		14,996
Targa Resources Corp.	4,623		227,498
Teekay Corp. (A)	2,383		8,722
Tellurian, Inc. (A)	6,548		25,603
The Williams Companies, Inc.	22,560		585,206
Uranium Energy Corp. (A)	5,616		17,129
Valero Energy Corp.	7,619		537,673
Vertex Energy, Inc. (A)	325		1,703
Viper Energy Partners LP	3,095		67,626
W&T Offshore, Inc. (A)	3,249		12,086
Western Midstream Partners LP	9,432		197,695
World Fuel Services Corp.	1,250		42,025
			24,423,382
			26,768,058
Financials – 12.0%
Banks – 4.3%
1st Source Corp.	559		26,407
Allegiance Bancshares, Inc.	511		19,495
Altabancorp	486		21,462
Amerant Bancorp, Inc. (A)	977		24,171
American National Bankshares, Inc.	218		7,203

 

289

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Total Stock Market Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Banks (continued)
Ameris Bancorp	1,477	$	76,627
Ames National Corp.	260		6,048
Arrow Financial Corp.	443		15,218
Associated Banc-Corp.	3,340		71,543
Atlantic Union Bankshares Corp.	1,721		63,419
Banc of California, Inc.	1,198		22,151
BancFirst Corp.	701		42,144
BancorpSouth Bank	2,204		65,635
Bank of America Corp.	157,031		6,665,966
Bank of Hawaii Corp.	693		56,944
Bank of Marin Bancorp	328		12,382
Bank OZK	2,740		117,765
BankFinancial Corp.	481		5,522
BankUnited, Inc.	1,987		83,096
Bankwell Financial Group, Inc.	211		6,210
Banner Corp.	760		41,960
Bar Harbor Bankshares	435		12,202
BayCom Corp. (A)	336		6,250
BCB Bancorp, Inc.	577		8,517
Berkshire Hills Bancorp, Inc.	1,082		29,192
BOK Financial Corp.	1,118		100,117
Brookline Bancorp, Inc.	1,813		27,666
Bryn Mawr Bank Corp.	470		21,597
Business First Bancshares, Inc.	293		6,853
Byline Bancorp, Inc.	825		20,262
Cadence BanCorp	2,753		60,456
Cambridge Bancorp	93		8,184
Camden National Corp.	400		19,160
Capital City Bank Group, Inc.	465		11,504
Capstar Financial Holdings, Inc.	374		7,944
Cathay General Bancorp	1,283		53,103
CBTX, Inc.	597		15,749
Central Pacific Financial Corp.	579		14,869
Central Valley Community Bancorp	357		7,676
Century Bancorp, Inc., Class A	144		16,595
Chemung Financial Corp.	161		7,293
CIT Group, Inc.	1,914		99,432
Citigroup, Inc.	37,286		2,616,731
Citizens & Northern Corp.	324		8,184
Citizens Financial Group, Inc.	7,415		348,357
City Holding Company	404		31,476
Civista Bancshares, Inc.	342		7,945
CNB Financial Corp.	426		10,369
Codorus Valley Bancorp, Inc.	267		6,018
Columbia Banking System, Inc.	1,531		58,163
Comerica, Inc.	2,798		225,239
Commerce Bancshares, Inc.	1,493		104,032
Community Bank System, Inc.	871		59,594
Community Trust Bancorp, Inc.	310		13,051
ConnectOne Bancorp, Inc.	882		26,469
County Bancorp, Inc.	219		7,983
Cullen/Frost Bankers, Inc.	1,225		145,310
Customers Bancorp, Inc. (A)	739		31,792
CVB Financial Corp.	2,726		55,529
Dime Community Bancshares, Inc.	925		30,211
Eagle Bancorp, Inc.	547		31,453
East West Bancorp, Inc.	2,760		214,010
Enterprise Bancorp, Inc.	327		11,756
Enterprise Financial Services Corp.	834		37,764
Equity Bancshares, Inc., Class A	331		11,049
Esquire Financial Holdings, Inc. (A)	291		8,340
Farmers & Merchants Bancorp, Inc.	233		5,219
FB Financial Corp.	964		41,336
Fidelity D&D Bancorp, Inc.	112		5,648
Fifth Third Bancorp	13,422		569,630

Total Stock Market Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Banks (continued)
Financial Institutions, Inc.	417	$	12,781
First Bancorp (North Carolina)	687		29,548
First Bancorp (Puerto Rico)	3,172		41,712
First Busey Corp.	1,265		31,157
First Citizens BancShares, Inc., Class A	154		129,848
First Commonwealth Financial Corp.	2,106		28,705
First Community Bankshares, Inc.	247		7,835
First Financial Bancorp	2,135		49,980
First Financial Bankshares, Inc.	2,882		132,428
First Financial Corp.	338		14,213
First Financial Northwest, Inc.	388		6,352
First Hawaiian, Inc.	2,646		77,660
First Horizon Corp.	11,597		188,915
First Internet Bancorp	224		6,984
First Interstate BancSystem, Inc., Class A	1,351		54,391
First Merchants Corp.	1,156		48,367
First Midwest Bancorp, Inc.	2,364		44,940
First Republic Bank	3,128		603,329
Flushing Financial Corp.	465		10,509
FNB Corp.	6,123		71,149
Fulton Financial Corp.	3,475		53,098
FVCBankcorp, Inc. (A)	432		8,636
German American Bancorp, Inc.	635		24,530
Glacier Bancorp, Inc.	1,839		101,789
Great Southern Bancorp, Inc.	369		20,225
Great Western Bancorp, Inc.	1,212		39,681
Guaranty Bancshares, Inc.	278		9,966
Hancock Whitney Corp.	1,856		87,455
Hanmi Financial Corp.	645		12,939
HarborOne Bancorp, Inc.	1,624		22,801
Heartland Financial USA, Inc.	771		37,070
Heritage Commerce Corp.	1,034		12,025
Heritage Financial Corp.	813		20,732
Hilltop Holdings, Inc.	1,830		59,786
Home BancShares, Inc.	3,528		83,014
Hope Bancorp, Inc.	2,740		39,566
Horizon Bancorp, Inc.	951		17,280
Huntington Bancshares, Inc.	28,529		441,058
Independent Bank Corp. (Massachusetts)	730		55,590
Independent Bank Corp. (Michigan)	561		12,050
Independent Bank Group, Inc.	910		64,646
International Bancshares Corp.	1,166		48,552
Investar Holding Corp.	319		7,024
Investors Bancorp, Inc.	5,218		78,844
JPMorgan Chase & Co.	51,843		8,486,181
KeyCorp	17,951		388,101
Lakeland Bancorp, Inc.	1,308		23,060
Lakeland Financial Corp.	529		37,686
Live Oak Bancshares, Inc.	1,032		65,666
M&T Bank Corp.	1,974		294,797
Macatawa Bank Corp.	926		7,436
Mercantile Bank Corp.	434		13,901
Metropolitan Bank Holding Corp. (A)	184		15,511
Midland States Bancorp, Inc.	539		13,329
MidWestOne Financial Group, Inc.	336		10,134
MVB Financial Corp.	370		15,847
National Bank Holdings Corp., Class A	721		29,186
National Bankshares, Inc.	188		6,826
NBT Bancorp, Inc.	501		18,096
Northrim BanCorp, Inc.	222		9,437
Norwood Financial Corp.	211		5,425
OceanFirst Financial Corp.	1,155		24,729
OFG Bancorp	1,197		30,188
Old National Bancorp	1,685		28,561

 

290

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Total Stock Market Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Banks (continued)
Old Second Bancorp, Inc.	816	$	10,657
Origin Bancorp, Inc.	516		21,853
Pacific Mercantile Bancorp (A)	820		7,552
Pacific Premier Bancorp, Inc.	1,278		52,960
PacWest Bancorp	2,507		113,617
Park National Corp.	210		25,610
Peapack-Gladstone Financial Corp.	485		16,180
Penns Woods Bancorp, Inc.	222		5,275
Peoples Bancorp of North Carolina, Inc.	237		6,728
Peoples Bancorp, Inc.	778		24,593
People's United Financial, Inc.	7,377		128,876
Pinnacle Financial Partners, Inc.	1,458		137,169
Popular, Inc.	774		60,117
Preferred Bank	341		22,738
Primis Financial Corp.	655		9,471
Prosperity Bancshares, Inc.	925		65,795
QCR Holdings, Inc.	353		18,158
RBB Bancorp	407		10,260
Red River Bancshares, Inc.	155		7,727
Regions Financial Corp.	18,970		404,251
Renasant Corp.	1,124		40,520
Republic Bancorp, Inc., Class A	425		21,526
Republic First Bancorp, Inc. (A)	1,584		4,879
S&T Bancorp, Inc.	768		22,633
Sandy Spring Bancorp, Inc.	750		34,365
Seacoast Banking Corp. of Florida	1,186		40,099
ServisFirst Bancshares, Inc.	1,156		89,937
Shore Bancshares, Inc.	488		8,652
Sierra Bancorp	373		9,056
Signature Bank	1,007		274,186
Silvergate Capital Corp., Class A (A)	187		21,599
Simmons First National Corp., Class A	1,970		58,233
South Plains Financial, Inc.	426		10,386
Southern First Bancshares, Inc. (A)	207		11,075
Southside Bancshares, Inc.	820		31,398
SouthState Corp.	1,520		113,498
Spirit of Texas Bancshares, Inc.	334		8,083
Sterling Bancorp	4,249		106,055
Stock Yards Bancorp, Inc.	419		24,574
Summit Financial Group, Inc.	334		8,186
SVB Financial Group (A)	1,073		694,102
Synovus Financial Corp.	3,073		134,874
Texas Capital Bancshares, Inc. (A)	1,066		63,981
The Bancorp, Inc. (A)	1,397		35,554
The Bank of Princeton	248		7,450
The First Bancorp, Inc.	302		8,800
The First of Long Island Corp.	648		13,349
The PNC Financial Services Group, Inc.	7,425		1,452,627
Tompkins Financial Corp.	330		26,700
Towne Bank	1,674		52,078
TriCo Bancshares	636		27,602
TriState Capital Holdings, Inc. (A)	738		15,609
Triumph Bancorp, Inc. (A)	556		55,672
Truist Financial Corp.	24,521		1,438,157
Trustmark Corp.	1,219		39,276
U.S. Bancorp	26,866		1,596,915
UMB Financial Corp.	817		79,012
Umpqua Holdings Corp.	4,684		94,851
United Bankshares, Inc.	2,146		78,071
United Community Banks, Inc.	1,695		55,630
Unity Bancorp, Inc.	355		8,307
Univest Financial Corp.	733		20,077
Valley National Bancorp	8,535		113,601
Veritex Holdings, Inc.	1,194		46,996
Washington Trust Bancorp, Inc.	335		17,748

Total Stock Market Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Banks (continued)
Webster Financial Corp.	1,950	$	106,197
Wells Fargo & Company	75,236		3,491,703
WesBanco, Inc.	1,220		41,578
West BanCorp, Inc.	463		13,904
Western Alliance Bancorp	2,053		223,407
Wintrust Financial Corp.	1,205		96,846
Zions Bancorp NA	2,947		182,390
			37,623,495
Capital markets – 3.3%
Affiliated Managers Group, Inc.	862		130,240
AllianceBernstein Holding LP	2,024		100,350
Ameriprise Financial, Inc.	2,156		569,443
Apollo Investment Corp.	1,528		19,818
Ares Capital Corp. (B)	9,043		183,844
Ares Management Corp., Class A	4,922		363,391
Artisan Partners Asset Management, Inc., Class A	1,655		80,963
AssetMark Financial Holdings, Inc. (A)	1,278		31,784
Associated Capital Group, Inc., Class A	454		16,984
Bain Capital Specialty Finance, Inc.	1,190		17,660
Barings BDC, Inc.	1,926		21,225
BGC Partners, Inc., Class A	7,348		38,283
BlackRock Capital Investment Corp.	2,127		8,189
BlackRock TCP Capital Corp.	1,134		15,388
BlackRock, Inc.	2,753		2,308,831
Blucora, Inc. (A)	1,076		16,775
Capital Southwest Corp.	445		11,205
Cboe Global Markets, Inc.	2,224		275,465
CME Group, Inc.	6,543		1,265,285
Cohen & Steers, Inc.	999		83,686
Coinbase Global, Inc., Class A (A)	4,104		933,578
Cowen, Inc., Class A	420		14,410
Diamond Hill Investment Group, Inc.	83		14,580
Donnelley Financial Solutions, Inc. (A)	800		27,696
Ellington Financial, Inc.	880		16,095
Evercore, Inc., Class A	822		109,877
FactSet Research Systems, Inc.	632		249,501
Federated Hermes, Inc.	2,126		69,095
Fidus Investment Corp.	605		10,551
Focus Financial Partners, Inc., Class A (A)	1,482		77,612
Franklin Resources, Inc.	9,694		288,106
FS KKR Capital Corp.	2,679		59,045
GAMCO Investors, Inc., Class A	443		11,686
Gladstone Capital Corp.	801		9,051
Gladstone Investment Corp.	797		11,054
Goldman Sachs BDC, Inc.	967		17,744
Golub Capital BDC, Inc.	1,363		21,549
Hamilton Lane, Inc., Class A	1,102		93,472
Hercules Capital, Inc. (B)	2,271		37,721
Houlihan Lokey, Inc.	1,374		126,545
Interactive Brokers Group, Inc., Class A	1,612		100,492
Intercontinental Exchange, Inc.	9,890		1,135,570
Invesco, Ltd.	9,289		223,958
Jefferies Financial Group, Inc.	4,417		164,003
Lazard, Ltd., Class A	2,202		100,852
LPL Financial Holdings, Inc.	1,599		250,659
Main Street Capital Corp. (B)	1,316		54,088
MarketAxess Holdings, Inc.	745		313,414
Moelis & Company, Class A	1,274		78,822
Monroe Capital Corp.	561		5,829
Moody's Corp.	3,397		1,206,309
Morgan Stanley	30,618		2,979,438
Morningstar, Inc.	870		225,356
MSCI, Inc.	1,518		923,460

 

291

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Total Stock Market Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Capital markets (continued)
Nasdaq, Inc.	2,789	$	538,333
New Mountain Finance Corp.	2,060		27,419
Newtek Business Services Corp.	477		13,227
Northern Trust Corp.	2,844		306,612
Oaktree Specialty Lending Corp.	2,519		17,784
Oppenheimer Holdings, Inc., Class A	169		7,654
Oxford Square Capital Corp.	1,411		5,715
P10 Holdings, Inc. (A)	951		10,461
PennantPark Floating Rate Capital, Ltd.	874		11,178
PennantPark Investment Corp.	1,841		11,948
Piper Sandler Companies	319		44,169
Portman Ridge Finance Corp.	340		8,279
Prospect Capital Corp. (B)	8,135		62,640
Pzena Investment Management, Inc., Class A	1,693		16,659
Raymond James Financial, Inc.	3,780		348,818
Robinhood Markets, Inc., Class A (A)(B)	17,566		739,177
S&P Global, Inc.	4,393		1,866,542
Sculptor Capital Management, Inc.	1,110		30,958
SEI Investments Company	3,042		180,391
Sixth Street Specialty Lending, Inc.	1,483		32,937
SLR Investment Corp.	825		15,782
SLR Senior Investment Corp.	444		6,869
State Street Corp.	6,290		532,889
Stellus Capital Investment Corp.	500		6,530
Stifel Financial Corp.	2,154		146,386
StoneX Group, Inc. (A)	429		28,271
T. Rowe Price Group, Inc.	4,268		839,516
TCG BDC, Inc.	1,406		18,854
The Bank of New York Mellon Corp.	15,350		795,744
The Blackstone Group, Inc.	13,083		1,522,076
The Carlyle Group, Inc.	6,916		326,988
The Charles Schwab Corp.	33,989		2,475,759
The Goldman Sachs Group, Inc.	6,141		2,321,482
Tradeweb Markets, Inc., Class A	4,644		375,142
TriplePoint Venture Growth BDC Corp.	568		8,997
Victory Capital Holdings, Inc., Class A	1,470		51,465
Virtu Financial, Inc., Class A	3,969		96,963
Virtus Investment Partners, Inc.	128		39,721
WhiteHorse Finance, Inc.	557		8,478
WisdomTree Investments, Inc.	3,569		20,236
			29,439,076
Consumer finance – 0.8%
Ally Financial, Inc.	7,150		365,008
American Express Company	14,768		2,474,083
Capital One Financial Corp.	8,178		1,324,591
Credit Acceptance Corp. (A)	376		220,073
Curo Group Holdings Corp.	965		16,723
Discover Financial Services	5,663		695,700
Elevate Credit, Inc. (A)	6,779		27,997
Encore Capital Group, Inc. (A)	680		33,504
Enova International, Inc. (A)	921		31,821
EZCORP, Inc., Class A (A)	1,448		10,961
FirstCash, Inc.	887		77,613
Green Dot Corp., Class A (A)	1,090		54,860
LendingTree, Inc. (A)	274		38,313
Navient Corp.	3,015		59,486
OneMain Holdings, Inc.	2,771		153,319
Oportun Financial Corp. (A)	399		9,987
PRA Group, Inc. (A)	990		41,719
PROG Holdings, Inc. (A)	1,414		59,402
Regional Management Corp.	265		15,418
Santander Consumer USA Holdings, Inc.	5,571		232,311
SLM Corp.	6,752		118,835
Synchrony Financial	11,015		538,413

Total Stock Market Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Consumer finance (continued)
Upstart Holdings, Inc. (A)	1,380	$	436,687
World Acceptance Corp. (A)	179		33,935
			7,070,759
Diversified financial services – 1.8%
Berkshire Hathaway, Inc., Class A (A)	9		3,702,411
Berkshire Hathaway, Inc., Class B (A)	41,557		11,342,568
Equitable Holdings, Inc.	8,723		258,550
GWG Holdings, Inc. (A)	813		8,130
NewStar Financial, Inc. (A)(C)	1,204		123
Voya Financial, Inc.	2,500		153,475
			15,465,257
Insurance – 1.5%
Aflac, Inc.	11,866		618,575
Alleghany Corp. (A)	83		51,826
American Equity Investment Life Holding Company	1,048		30,989
American Financial Group, Inc.	1,743		219,322
American International Group, Inc.	16,819		923,195
American National Group, Inc.	253		47,825
AMERISAFE, Inc.	412		23,138
Arch Capital Group, Ltd. (A)	8,141		310,823
Argo Group International Holdings, Ltd.	742		38,747
Arthur J. Gallagher & Company	3,634		540,194
Assurant, Inc.	1,215		191,666
Assured Guaranty, Ltd.	1,401		65,581
Axis Capital Holdings, Ltd.	1,773		81,629
Brighthouse Financial, Inc. (A)	1,248		56,447
Brown & Brown, Inc.	5,270		292,222
BRP Group, Inc., Class A (A)	1,080		35,953
Cincinnati Financial Corp.	3,266		373,043
Citizens, Inc. (A)	1,370		8,508
CNA Financial Corp.	5,170		216,933
CNO Financial Group, Inc.	3,245		76,387
Crawford & Company, Class B	1,283		11,496
Donegal Group, Inc., Class A	786		11,389
eHealth, Inc. (A)	490		19,845
Employers Holdings, Inc.	692		27,327
Enstar Group, Ltd. (A)	169		39,669
Erie Indemnity Company, Class A	826		147,375
Everest Re Group, Ltd.	646		162,004
Fidelity National Financial, Inc.	5,699		258,393
First American Financial Corp.	2,271		152,271
Genworth Financial, Inc., Class A (A)	10,791		40,466
Globe Life, Inc.	1,233		109,774
GoHealth, Inc., Class A (A)	3,818		19,205
Goosehead Insurance, Inc., Class A	767		116,806
HCI Group, Inc.	204		22,597
Heritage Insurance Holdings, Inc.	734		4,999
Horace Mann Educators Corp.	900		35,811
Independence Holding Company	356		17,654
Investors Title Company	50		9,130
Kemper Corp.	1,387		92,638
Kinsale Capital Group, Inc.	473		76,484
Lemonade, Inc. (A)(B)	1,078		72,237
Lincoln National Corp.	3,797		261,044
Loews Corp.	4,301		231,953
Markel Corp. (A)	168		200,782
Marsh & McLennan Companies, Inc.	8,978		1,359,539
MBIA, Inc. (A)	1,977		25,404
Mercury General Corp.	1,183		65,858
MetLife, Inc.	16,029		989,470
National Western Life Group, Inc., Class A	35		7,371
NI Holdings, Inc. (A)	641		11,256
Old Republic International Corp.	6,092		140,908

 

292

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Total Stock Market Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Insurance (continued)
Oscar Health, Inc., Class A (A)	947	$	16,468
Palomar Holdings, Inc. (A)	514		41,547
Primerica, Inc.	853		131,046
Principal Financial Group, Inc.	5,062		325,993
ProAssurance Corp.	1,182		28,108
Prudential Financial, Inc.	6,941		730,193
Reinsurance Group of America, Inc.	1,269		141,189
RenaissanceRe Holdings, Ltd.	725		101,065
RLI Corp.	951		95,357
Root, Inc., Class A (A)(B)	2,004		10,561
Safety Insurance Group, Inc.	334		26,470
Selective Insurance Group, Inc.	1,251		94,488
Selectquote, Inc. (A)	630		8,146
State Auto Financial Corp.	951		48,453
Stewart Information Services Corp.	487		30,808
The Allstate Corp.	4,224		537,757
The Hanover Insurance Group, Inc.	727		94,234
The Hartford Financial Services Group, Inc.	6,520		458,030
The Progressive Corp.	7,546		682,083
The Travelers Companies, Inc.	4,526		687,997
Trupanion, Inc. (A)	764		59,340
United Fire Group, Inc.	546		12,613
United Insurance Holdings Corp.	1,080		3,920
Universal Insurance Holdings, Inc.	656		8,554
Unum Group	3,789		94,952
W.R. Berkley Corp.	3,621		264,985
White Mountains Insurance Group, Ltd.	10		10,696
			13,689,211
Mortgage real estate investment trusts – 0.1%
AGNC Investment Corp.	6,319		99,651
Annaly Capital Management, Inc.	21,305		179,388
Apollo Commercial Real Estate Finance, Inc.	3,205		47,530
Arbor Realty Trust, Inc.	2,208		40,914
Ares Commercial Real Estate Corp.	789		11,898
ARMOUR Residential REIT, Inc.	1,413		15,232
Blackstone Mortgage Trust, Inc., Class A	2,768		83,926
BrightSpire Capital, Inc.	2,808		26,367
Broadmark Realty Capital, Inc.	2,185		21,544
Capstead Mortgage Corp.	1,743		11,661
Chimera Investment Corp.	3,772		56,014
Dynex Capital, Inc.	611		10,558
Ellington Residential Mortgage REIT	471		5,256
Granite Point Mortgage Trust, Inc.	1,105		14,553
Great Ajax Corp.	553		7,460
Hannon Armstrong Sustainable Infrastructure Capital, Inc.	1,402		74,979
Invesco Mortgage Capital, Inc.	3,300		10,395
KKR Real Estate Finance Trust, Inc.	1,084		22,872
Ladder Capital Corp.	2,535		28,012
MFA Financial, Inc.	9,342		42,693
New Residential Investment Corp.	8,506		93,566
New York Mortgage Trust, Inc.	5,225		22,259
Orchid Island Capital, Inc.	1,157		5,658
PennyMac Mortgage Investment Trust	1,761		34,674
Ready Capital Corp.	1,430		20,635
Redwood Trust, Inc.	2,127		27,417
Starwood Property Trust, Inc.	5,131		125,248
TPG RE Finance Trust, Inc.	1,656		20,501
Two Harbors Investment Corp.	5,815		36,867
			1,197,728
Thrifts and mortgage finance – 0.2%
Axos Financial, Inc. (A)	1,283		66,126
Bridgewater Bancshares, Inc. (A)	655		11,469

Total Stock Market Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Thrifts and mortgage finance (continued)
Capitol Federal Financial, Inc.	1,954	$	22,451
Columbia Financial, Inc. (A)	2,570		47,545
Federal Agricultural Mortgage Corp., Class C	191		20,727
Federal Home Loan Mortgage Corp. (A)	13,796		11,313
Federal National Mortgage Association (A)	24,360		20,462
Home Bancorp, Inc.	185		7,156
HomeStreet, Inc.	637		26,213
Kearny Financial Corp.	2,110		26,227
LoanDepot, Inc., Class A	1,946		13,174
Luther Burbank Corp.	1,316		17,648
Merchants Bancorp	686		27,076
Meridian Bancorp, Inc.	1,296		26,905
Meta Financial Group, Inc.	825		43,296
MGIC Investment Corp.	7,092		106,096
New York Community Bancorp, Inc.	8,579		110,412
NMI Holdings, Inc., Class A (A)	1,463		33,078
Northfield Bancorp, Inc.	1,247		21,399
Northwest Bancshares, Inc.	2,105		27,954
Ocwen Financial Corp. (A)	244		6,864
PCSB Financial Corp.	498		9,183
PDL Community Bancorp (A)	510		7,400
PennyMac Financial Services, Inc.	1,105		67,549
Premier Financial Corp.	1,016		32,349
Provident Bancorp, Inc.	677		10,846
Provident Financial Services, Inc.	1,019		23,916
Radian Group, Inc.	3,761		85,450
Riverview Bancorp, Inc.	881		6,405
Rocket Companies, Inc., Class A (B)	37,571		602,639
Southern Missouri Bancorp, Inc.	216		9,696
Sterling Bancorp, Inc. (A)	1,248		6,440
Territorial Bancorp, Inc.	238		6,040
TFS Financial Corp.	3,937		75,039
Timberland Bancorp, Inc.	255		7,382
TrustCo Bank Corp. NY	512		16,369
Walker & Dunlop, Inc.	652		74,002
Washington Federal, Inc.	1,204		41,309
Western New England Bancorp, Inc.	789		6,730
WSFS Financial Corp.	837		42,946
			1,825,281
			106,310,807
Health care – 12.7%
Biotechnology – 2.6%
4D Molecular Therapeutics, Inc. (A)	305		8,226
89bio, Inc. (A)	290		5,681
AbbVie, Inc.	32,840		3,542,451
Abeona Therapeutics, Inc. (A)	5,740		6,429
ACADIA Pharmaceuticals, Inc. (A)	3,237		53,767
Acceleron Pharma, Inc. (A)	1,123		193,268
Achieve Life Sciences, Inc. (A)	143		1,216
Achillion Pharmaceuticals, Inc. (A)(C)	3,410		5,128
Acorda Therapeutics, Inc. (A)	3,621		16,657
Adicet Bio, Inc. (A)	550		4,312
Aduro Biotech, Inc. (A)(C)	312		936
Advaxis, Inc. (A)	21,355		11,137
Adverum Biotechnologies, Inc. (A)	1,924		4,175
Aeglea BioTherapeutics, Inc. (A)	797		6,336
Agenus, Inc. (A)	2,997		15,734
Agios Pharmaceuticals, Inc. (A)	1,366		63,041
Aileron Therapeutics, Inc. (A)	7,598		7,750
Akebia Therapeutics, Inc. (A)	3,771		10,860
Akero Therapeutics, Inc. (A)	639		14,282
Akouos, Inc. (A)	96		1,115
Albireo Pharma, Inc. (A)	301		9,391

 

293

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Total Stock Market Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Biotechnology (continued)
Alder Biopharmaceuticals, Inc. (A)(C)	1,872	$	2,722
Aldeyra Therapeutics, Inc. (A)	753		6,611
Alector, Inc. (A)	1,631		37,219
Aligos Therapeutics, Inc. (A)	333		5,165
Alkermes PLC (A)	3,356		103,499
Allakos, Inc. (A)	1,022		108,199
Allena Pharmaceuticals, Inc. (A)	2,815		2,540
Allogene Therapeutics, Inc. (A)	2,589		66,537
Allovir, Inc. (A)	631		15,813
Alnylam Pharmaceuticals, Inc. (A)	2,335		440,871
Altimmune, Inc. (A)	494		5,587
ALX Oncology Holdings, Inc. (A)	287		21,198
Ambit Biosciences Corp. (A)(C)	515		309
Amgen, Inc.	10,645		2,263,659
Amicus Therapeutics, Inc. (A)	5,441		51,962
AnaptysBio, Inc. (A)	644		17,465
Anika Therapeutics, Inc. (A)	318		13,534
Anixa Biosciences, Inc. (A)	267		1,274
Annexon, Inc. (A)	458		8,523
Annovis Bio, Inc. (A)	486		15,431
Apellis Pharmaceuticals, Inc. (A)	1,496		49,308
Applied Molecular Transport, Inc. (A)	312		8,071
Applied Therapeutics, Inc. (A)	691		11,471
Aptevo Therapeutics, Inc. (A)	90		1,390
Aptinyx, Inc. (A)	243		569
Aravive, Inc. (A)	701		2,608
Arcus Biosciences, Inc. (A)	987		34,417
Arcutis Biotherapeutics, Inc. (A)	578		13,808
Ardelyx, Inc. (A)	1,613		2,129
Arena Pharmaceuticals, Inc. (A)	1,074		63,957
Arrowhead Pharmaceuticals, Inc. (A)	2,115		132,039
Astria Therapeutics, Inc. (A)	538		4,756
Atara Biotherapeutics, Inc. (A)	1,073		19,207
Athenex, Inc. (A)	2,350		7,074
Atossa Therapeutics, Inc. (A)	3,293		10,735
Atreca, Inc., Class A (A)	921		5,738
AVEO Pharmaceuticals, Inc. (A)	2,256		13,942
Avid Bioservices, Inc. (A)	992		21,397
Avrobio, Inc. (A)	1,365		7,617
Axcella Health, Inc. (A)	968		2,885
Ayala Pharmaceuticals, Inc. (A)	1,652		18,734
Aziyo Biologics, Inc., Class A (A)	230		1,626
Beam Therapeutics, Inc. (A)	830		72,218
Bellicum Pharmaceuticals, Inc. (A)	1,528		4,462
BioCryst Pharmaceuticals, Inc. (A)	2,966		42,621
Biogen, Inc. (A)	2,795		790,957
BioMarin Pharmaceutical, Inc. (A)	3,758		290,456
Bioxcel Therapeutics, Inc. (A)	451		13,688
Black Diamond Therapeutics, Inc. (A)	1,095		9,264
Bluebird Bio, Inc. (A)	1,170		22,359
Blueprint Medicines Corp. (A)	1,044		107,334
Bolt Biotherapeutics, Inc. (A)	540		6,831
Bridgebio Pharma, Inc. (A)	3,244		152,046
Brooklyn ImmunoTherapeutics, Inc. (A)	433		4,027
C4 Therapeutics, Inc. (A)	165		7,372
Cabaletta Bio, Inc. (A)	446		5,423
Calithera Biosciences, Inc. (A)	7,768		16,934
Calyxt, Inc. (A)	2,657		8,954
Capricor Therapeutics, Inc. (A)	1,242		4,993
Cardiff Oncology, Inc. (A)	618		4,116
CareDx, Inc. (A)	890		56,399
CASI Pharmaceuticals, Inc. (A)	2,445		2,910
Catalyst Biosciences, Inc. (A)	1,171		4,813
Catalyst Pharmaceuticals, Inc. (A)	2,374		12,582
Celcuity, Inc. (A)	53		954

Total Stock Market Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Biotechnology (continued)
Celldex Therapeutics, Inc. (A)	695	$	37,523
Cellectar Biosciences, Inc. (A)	2,568		2,375
CEL-SCI Corp. (A)	784		8,616
Celsion Corp. (A)	5,482		5,068
Checkmate Pharmaceuticals, Inc. (A)	949		3,768
ChemoCentryx, Inc. (A)	1,278		21,854
Chimerix, Inc. (A)	1,055		6,530
Chinook Therapeutics, Inc. (A)	686		8,753
Cidara Therapeutics, Inc. (A)	179		401
Clovis Oncology, Inc. (A)	2,326		10,374
Codiak Biosciences, Inc. (A)	315		5,144
Cogent Biosciences, Inc. (A)	908		7,636
Cohbar, Inc. (A)	6,178		5,931
Coherus Biosciences, Inc. (A)	1,434		23,044
Concert Pharmaceuticals, Inc. (A)	3,840		12,557
Cortexyme, Inc. (A)(B)	576		52,796
Crinetics Pharmaceuticals, Inc. (A)	559		11,767
CTI BioPharma Corp. (A)	2,424		7,151
Cue Biopharma, Inc. (A)	687		10,010
Cullinan Oncology, Inc. (A)	214		4,830
Curis, Inc. (A)	1,714		13,421
Cyclerion Therapeutics, Inc. (A)	3,022		9,278
Cytokinetics, Inc. (A)	1,346		48,106
CytomX Therapeutics, Inc. (A)	1,018		5,182
CytRx Corp. (A)	7,035		4,098
Decibel Therapeutics, Inc. (A)	543		4,187
Deciphera Pharmaceuticals, Inc. (A)	1,040		35,339
Denali Therapeutics, Inc. (A)	2,072		104,532
Design Therapeutics, Inc. (A)	243		3,570
Dicerna Pharmaceuticals, Inc. (A)	1,487		29,978
Dynavax Technologies Corp. (A)	1,633		31,370
Eagle Pharmaceuticals, Inc. (A)	282		15,730
Editas Medicine, Inc. (A)	1,129		46,379
Eiger BioPharmaceuticals, Inc. (A)	622		4,155
Eledon Pharmaceuticals, Inc. (A)	188		1,162
Emergent BioSolutions, Inc. (A)	1,092		54,676
Enanta Pharmaceuticals, Inc. (A)	427		24,258
Entasis Therapeutics Holdings, Inc. (A)	2,221		7,418
Epizyme, Inc. (A)	1,858		9,513
Equillium, Inc. (A)	976		6,656
Evelo Biosciences, Inc. (A)	1,133		7,976
Exact Sciences Corp. (A)	3,078		293,795
Exelixis, Inc. (A)	6,393		135,148
Fate Therapeutics, Inc. (A)	1,591		94,299
FibroGen, Inc. (A)	1,854		18,948
Finch Therapeutics Group, Inc. (A)	209		2,717
Flexion Therapeutics, Inc. (A)	867		5,289
Foghorn Therapeutics, Inc. (A)	553		7,703
Forte Biosciences, Inc. (A)	149		441
Fortress Biotech, Inc. (A)	1,857		5,980
Frequency Therapeutics, Inc. (A)	850		6,001
F-star Therapeutics, Inc. (A)	1,581		11,573
G1 Therapeutics, Inc. (A)	777		10,427
Gain Therapeutics, Inc. (A)	45		335
Galectin Therapeutics, Inc. (A)	1,506		5,843
Galera Therapeutics, Inc. (A)	2,360		19,116
Genocea Biosciences, Inc. (A)	2,651		5,090
Geron Corp. (A)	4,452		6,099
Gilead Sciences, Inc.	23,385		1,633,442
Global Blood Therapeutics, Inc. (A)	1,269		32,334
GlycoMimetics, Inc. (A)	1,565		3,427
Gossamer Bio, Inc. (A)	1,462		18,377
Gritstone bio, Inc. (A)	876		9,461
GTX Corp. (A)(C)	38		0
Halozyme Therapeutics, Inc. (A)	3,113		126,637

 

294

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Total Stock Market Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Biotechnology (continued)
Harpoon Therapeutics, Inc. (A)	583	$	4,606
Heron Therapeutics, Inc. (A)	1,229		13,138
Homology Medicines, Inc. (A)	999		7,862
Hookipa Pharma, Inc. (A)	641		3,775
Horizon Therapeutics PLC (A)	3,931		430,602
Ideaya Biosciences, Inc. (A)	518		13,204
Idera Pharmaceuticals, Inc. (A)	13,933		14,351
IGM Biosciences, Inc. (A)	619		40,705
Immunic, Inc. (A)	292		2,584
ImmunityBio, Inc. (A)(B)	6,010		58,537
ImmunoGen, Inc. (A)	3,467		19,658
Immunome, Inc. (A)	203		4,943
Immunovant, Inc. (A)	1,171		10,176
Impel Neuropharma, Inc. (A)(B)	519		6,321
Incyte Corp. (A)	4,501		309,579
Infinity Pharmaceuticals, Inc. (A)	171		585
Inhibrx, Inc. (A)	678		22,584
Inmune Bio, Inc. (A)	1,603		31,130
Inovio Pharmaceuticals, Inc. (A)	3,071		21,988
Insmed, Inc. (A)	1,902		52,381
Instil Bio, Inc. (A)	1,262		22,558
Intellia Therapeutics, Inc. (A)	993		133,211
Intercept Pharmaceuticals, Inc. (A)	693		10,291
Invitae Corp. (A)(B)	2,728		77,557
Ionis Pharmaceuticals, Inc. (A)	2,950		98,943
Ironwood Pharmaceuticals, Inc. (A)	3,357		43,842
iTeos Therapeutics, Inc. (A)	189		5,103
IVERIC bio, Inc. (A)	929		15,087
Jounce Therapeutics, Inc. (A)	886		6,583
Kadmon Holdings, Inc. (A)	3,142		27,367
KalVista Pharmaceuticals, Inc. (A)	368		6,422
Karuna Therapeutics, Inc. (A)	535		65,447
Keros Therapeutics, Inc. (A)	247		9,771
Kiniksa Pharmaceuticals, Ltd., Class A (A)	1,104		12,575
Kiromic BioPharma, Inc. (A)	321		985
Kodiak Sciences, Inc. (A)	899		86,286
Kronos Bio, Inc. (A)	139		2,913
Krystal Biotech, Inc. (A)	389		20,310
Kura Oncology, Inc. (A)	1,043		19,535
Kymera Therapeutics, Inc. (A)	265		15,566
Larimar Therapeutics, Inc. (A)	844		9,731
Leap Therapeutics, Inc. (A)(B)	2,495		10,005
Lexicon Pharmaceuticals, Inc. (A)	2,562		12,323
Ligand Pharmaceuticals, Inc. (A)	376		52,384
Lineage Cell Therapeutics, Inc. (A)	2,770		6,980
LogicBio Therapeutics, Inc. (A)	1,123		5,143
MacroGenics, Inc. (A)	1,031		21,589
Madrigal Pharmaceuticals, Inc. (A)	332		26,490
Magenta Therapeutics, Inc. (A)	934		6,800
MannKind Corp. (A)	3,858		16,782
Marker Therapeutics, Inc. (A)	3,512		5,935
Matinas BioPharma Holdings, Inc. (A)	18,954		24,640
MediciNova, Inc. (A)	1,166		4,419
MEI Pharma, Inc. (A)	2,438		6,729
MeiraGTx Holdings PLC (A)	698		9,200
Mersana Therapeutics, Inc. (A)	1,237		11,665
Metacrine, Inc. (A)	1,025		3,516
Mirum Pharmaceuticals, Inc. (A)	659		13,127
Moderna, Inc. (A)	7,447		2,866,052
Molecular Templates, Inc. (A)	878		5,891
Moleculin Biotech, Inc. (A)	1,245		3,735
Morphic Holding, Inc. (A)	695		39,365
Mustang Bio, Inc. (A)	2,606		7,010
Myriad Genetics, Inc. (A)	1,593		51,438

Total Stock Market Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Biotechnology (continued)
Natera, Inc. (A)	1,602	$	178,527
Navidea Biopharmaceuticals, Inc. (A)	2,439		4,268
NeuroBo Pharmaceuticals, Inc. (A)(B)	905		3,367
Neurocrine Biosciences, Inc. (A)	1,931		185,202
NextCure, Inc. (A)	542		3,653
Nkarta, Inc. (A)	291		8,093
Northwest Biotherapeutics, Inc. (A)	11,656		14,920
Novavax, Inc. (A)	1,298		269,088
Nurix Therapeutics, Inc. (A)	431		12,913
Ocugen, Inc. (A)(B)	2,297		16,492
Olema Pharmaceuticals, Inc. (A)	90		2,480
Omthera Pharmaceuticals, Inc. (A)(C)	598		368
Oncocyte Corp. (A)	2,335		8,313
Oncorus, Inc. (A)	30		280
OncoSec Medical, Inc. (A)	3,118		6,641
Oncternal Therapeutics, Inc. (A)	2,005		8,361
OPKO Health, Inc. (A)(B)	13,787		50,323
Organogenesis Holdings, Inc. (A)	2,172		30,929
Orgenesis, Inc. (A)	485		2,401
Outlook Therapeutics, Inc. (A)	1,097		2,380
Oyster Point Pharma, Inc. (A)	431		5,107
Passage Bio, Inc. (A)	825		8,217
PDL BioPharma, Inc. (A)(C)	1,734		3,139
PDS Biotechnology Corp. (A)	809		12,054
Pfenex, Inc. (A)(C)	763		836
PhaseBio Pharmaceuticals, Inc. (A)	6,151		19,130
Pieris Pharmaceuticals, Inc. (A)	3,732		19,294
Poseida Therapeutics, Inc. (A)	1,586		11,562
Praxis Precision Medicines, Inc. (A)	634		11,723
Precigen, Inc. (A)	3,241		16,173
Precision BioSciences, Inc. (A)	1,182		13,640
Prelude Therapeutics, Inc. (A)	153		4,781
Progenics Pharmaceuticals, Inc. (A)(C)	1,955		83
Prometheus Biosciences, Inc. (A)	398		9,437
Protagonist Therapeutics, Inc. (A)	522		9,250
Proteostasis Therapeutics, Inc. (A)(C)	1,916		207
PTC Therapeutics, Inc. (A)	1,304		48,522
Puma Biotechnology, Inc. (A)	890		6,239
RAPT Therapeutics, Inc. (A)	483		14,997
Recursion Pharmaceuticals, Inc., Class A (A)(B)	2,606		59,964
Regeneron Pharmaceuticals, Inc. (A)	1,995		1,207,334
REGENXBIO, Inc. (A)	794		33,284
Regulus Therapeutics, Inc. (A)	10,610		7,327
Relay Therapeutics, Inc. (A)	1,207		38,057
Reneo Pharmaceuticals, Inc. (A)	821		6,116
Replimune Group, Inc. (A)	661		19,592
REVOLUTION Medicines, Inc. (A)	442		12,159
Rhythm Pharmaceuticals, Inc. (A)	820		10,709
Rigel Pharmaceuticals, Inc. (A)	3,503		12,716
Rocket Pharmaceuticals, Inc. (A)	1,021		30,518
Rubius Therapeutics, Inc. (A)	1,799		32,166
Sage Therapeutics, Inc. (A)	1,099		48,697
Sana Biotechnology, Inc. (A)	2,423		54,566
Sangamo Therapeutics, Inc. (A)	2,664		24,003
Sarepta Therapeutics, Inc. (A)	1,560		144,269
Savara, Inc. (A)	7,450		10,281
Scholar Rock Holding Corp. (A)	577		19,053
Scopus Biopharma, Inc. (A)	1,754		7,279
Seagen, Inc. (A)	3,582		608,224
Selecta Biosciences, Inc. (A)	1,916		7,971
SELLAS Life Sciences Group, Inc. (A)	418		3,829
Sensei Biotherapeutics, Inc. (A)	307		3,230
Seres Therapeutics, Inc. (A)	1,482		10,315
Sesen Bio, Inc. (A)	3,446		2,733

 

295

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Total Stock Market Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Biotechnology (continued)
Shattuck Labs, Inc. (A)	170	$	3,465
Sigilon Therapeutics, Inc. (A)	622		3,514
Silverback Therapeutics, Inc. (A)	116		1,158
Solid Biosciences, Inc. (A)	3,075		7,349
Spectrum Pharmaceuticals, Inc. (A)	2,679		5,840
Spero Therapeutics, Inc. (A)	578		10,641
SpringWorks Therapeutics, Inc. (A)	861		54,622
SQZ Biotechnologies Company (A)	73		1,053
Stoke Therapeutics, Inc. (A)	722		18,368
Surface Oncology, Inc. (A)	690		5,223
Sutro Biopharma, Inc. (A)	635		11,995
Syndax Pharmaceuticals, Inc. (A)	629		12,020
Synergy Pharmaceuticals, Inc. (A)(C)	6,230		18
Synlogic, Inc. (A)	1,786		5,447
Synthetic Biologics, Inc. (A)	23,577		10,834
Syros Pharmaceuticals, Inc. (A)	1,778		7,948
Taysha Gene Therapies, Inc. (A)	249		4,636
TCR2 Therapeutics, Inc. (A)	593		5,046
Tempest Therapeutics, Inc. (A)	96		1,389
Tonix Pharmaceuticals Holding Corp. (A)	3,727		2,240
Tracon Pharmaceuticals, Inc. (A)	1,390		5,379
Travere Therapeutics, Inc. (A)	1,004		24,347
Trevena, Inc. (A)	2,789		3,430
Turning Point Therapeutics, Inc. (A)	737		48,959
Twist Bioscience Corp. (A)	774		82,795
Tyme Technologies, Inc. (A)	3,408		3,510
Ultragenyx Pharmaceutical, Inc. (A)	1,226		110,573
United Therapeutics Corp. (A)	924		170,552
UNITY Biotechnology, Inc. (A)	783		2,349
UroGen Pharma, Ltd. (A)(B)	495		8,326
Vaccinex, Inc. (A)	1,664		3,594
Vanda Pharmaceuticals, Inc. (A)	1,222		20,945
Vaxart, Inc. (A)	2,037		16,194
Vaxcyte, Inc. (A)	521		13,218
Vera Therapeutics, Inc. (A)	203		3,522
Veracyte, Inc. (A)	1,069		49,655
Verastem, Inc. (A)	2,859		8,806
Vericel Corp. (A)	881		42,993
Vertex Pharmaceuticals, Inc. (A)	5,001		907,131
Viking Therapeutics, Inc. (A)	1,686		10,588
Vir Biotechnology, Inc. (A)	2,250		97,920
Viracta Therapeutics, Inc. (A)	919		7,370
Viridian Therapeutics, Inc. (A)	323		5,313
Virios Therapeutics, Inc. (A)	784		4,147
Vor BioPharma, Inc. (A)	520		8,154
Voyager Therapeutics, Inc. (A)	4,199		11,043
Werewolf Therapeutics, Inc. (A)	74		1,270
X4 Pharmaceuticals, Inc. (A)	590		3,121
XBiotech, Inc.	761		9,855
Xencor, Inc. (A)	1,222		39,911
XOMA Corp. (A)	228		5,643
Yield10 Bioscience, Inc. (A)	668		4,055
Y-mAbs Therapeutics, Inc. (A)	853		24,345
Yumanity Therapeutics, Inc. (A)	211		2,178
Zentalis Pharmaceuticals, Inc. (A)	459		30,588
ZIOPHARM Oncology, Inc. (A)	4,026		7,327
			22,790,499
Health care equipment and supplies – 3.0%
Abbott Laboratories	32,646		3,856,472
ABIOMED, Inc. (A)	923		300,455
Accelerate Diagnostics, Inc. (A)	1,138		6,635
Accuray, Inc. (A)	2,263		8,939
Align Technology, Inc. (A)	1,508		1,003,468
Alphatec Holdings, Inc. (A)	1,472		17,944
AngioDynamics, Inc. (A)	928		24,072

Total Stock Market Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Health care equipment and supplies (continued)
Apollo Endosurgery, Inc. (A)	54	$	489
Apyx Medical Corp. (A)	890		12,327
Asensus Surgical, Inc. (A)	4,509		8,342
Aspira Women's Health, Inc. (A)	1,357		4,410
AtriCure, Inc. (A)	858		59,674
Atrion Corp.	39		27,203
Avanos Medical, Inc. (A)	1,021		31,855
Axogen, Inc. (A)	892		14,094
Axonics, Inc. (A)	663		43,155
Baxter International, Inc.	9,117		733,280
Becton, Dickinson and Company	5,311		1,305,550
BioLife Solutions, Inc. (A)	435		18,409
Boston Scientific Corp. (A)	26,401		1,145,539
Cardiovascular Systems, Inc. (A)	748		24,557
Cerus Corp. (A)	3,177		19,348
Chembio Diagnostics, Inc. (A)	638		1,595
CONMED Corp.	596		77,975
CryoLife, Inc. (A)	840		18,724
CryoPort, Inc. (A)	806		53,607
Cutera, Inc. (A)	347		16,170
CytoSorbents Corp. (A)	847		6,878
Danaher Corp.	12,992		3,955,284
Dentsply Sirona, Inc.	4,251		246,771
DexCom, Inc. (A)	1,851		1,012,238
Eargo, Inc. (A)	79		532
Edwards Lifesciences Corp. (A)	11,727		1,327,614
ElectroCore, Inc. (A)	1,103		1,246
Envista Holdings Corp. (A)	3,026		126,517
enVVeno Medical Corp. (A)	533		5,533
Establishment Labs Holdings, Inc. (A)	483		34,573
Glaukos Corp. (A)	914		44,027
Globus Medical, Inc., Class A (A)	2,085		159,753
Haemonetics Corp. (A)	1,063		75,037
Heska Corp. (A)	175		45,245
Hill-Rom Holdings, Inc.	1,203		180,450
Hologic, Inc. (A)	4,725		348,752
ICU Medical, Inc. (A)	434		101,287
IDEXX Laboratories, Inc. (A)	1,587		986,955
Inari Medical, Inc. (A)	390		31,629
Inogen, Inc. (A)	473		20,382
Insulet Corp. (A)	1,291		366,941
Integer Holdings Corp. (A)	687		61,377
Integra LifeSciences Holdings Corp. (A)	1,805		123,606
Intersect ENT, Inc. (A)	718		19,530
Intuitive Surgical, Inc. (A)	2,191		2,178,183
Invacare Corp. (A)	844		4,017
iRadimed Corp. (A)	275		9,237
iRhythm Technologies, Inc. (A)	563		32,969
Lantheus Holdings, Inc. (A)	1,472		37,801
LeMaitre Vascular, Inc.	475		25,218
Lucira Health, Inc. (A)	556		4,226
Masimo Corp. (A)	1,083		293,179
Meridian Bioscience, Inc. (A)	1,112		21,395
Merit Medical Systems, Inc. (A)	1,168		83,862
Mesa Laboratories, Inc.	96		29,027
Misonix, Inc. (A)	328		8,298
Natus Medical, Inc. (A)	710		17,807
Neogen Corp. (A)	2,216		96,241
Neuronetics, Inc. (A)	394		2,585
Nevro Corp. (A)	651		75,763
NuVasive, Inc. (A)	1,095		65,536
OraSure Technologies, Inc. (A)	1,505		17,022
Orthofix Medical, Inc. (A)	439		16,735
OrthoPediatrics Corp. (A)	364		23,846
PAVmed, Inc. (A)	115		982

 

296

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Total Stock Market Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Health care equipment and supplies (continued)
Penumbra, Inc. (A)	712	$	189,748
Pulse Biosciences, Inc. (A)	385		8,316
Quidel Corp. (A)	877		123,789
ResMed, Inc.	2,677		705,523
SeaSpine Holdings Corp. (A)	591		9,296
Second Sight Medical Products, Inc. (A)	710		2,265
Senseonics Holdings, Inc. (A)	7,241		24,547
Shockwave Medical, Inc. (A)	654		134,646
SI-BONE, Inc. (A)	650		13,923
Silk Road Medical, Inc. (A)	667		36,705
SmileDirectClub, Inc. (A)(B)	7,849		41,757
STAAR Surgical Company (A)	955		122,746
Stereotaxis, Inc. (A)	1,627		8,753
Stryker Corp.	6,931		1,827,843
Surgalign Holdings, Inc. (A)	2,540		2,769
Surmodics, Inc. (A)	315		17,514
Tactile Systems Technology, Inc. (A)	415		18,447
Talis Biomedical Corp. (A)	773		4,831
Tandem Diabetes Care, Inc. (A)	1,236		147,554
Teleflex, Inc.	869		327,222
The Cooper Companies, Inc.	853		352,553
TransMedics Group, Inc. (A)	477		15,784
Utah Medical Products, Inc.	94		8,727
Vapotherm, Inc. (A)	424		9,442
Varex Imaging Corp. (A)	786		22,165
Venus Concept, Inc. (A)	2,267		5,690
West Pharmaceutical Services, Inc.	1,380		585,865
Xtant Medical Holdings, Inc. (A)	760		844
Zimmer Biomet Holdings, Inc.	3,775		552,509
			26,482,147
Health care providers and services – 2.3%
1Life Healthcare, Inc. (A)	1,199		24,280
Acadia Healthcare Company, Inc. (A)	1,902		121,310
Aceto Corp. (A)(C)	853		0
Addus HomeCare Corp. (A)	312		24,882
agilon health, Inc. (A)	5,403		141,613
Alignment Healthcare, Inc. (A)	1,440		23,011
Amedisys, Inc. (A)	684		101,984
AmerisourceBergen Corp.	3,711		443,279
AMN Healthcare Services, Inc. (A)	979		112,340
Anthem, Inc.	4,514		1,682,819
Apollo Medical Holdings, Inc. (A)(B)	645		58,727
Brookdale Senior Living, Inc. (A)	4,129		26,013
Cardinal Health, Inc.	5,347		264,463
Castle Biosciences, Inc. (A)	321		21,347
Centene Corp. (A)	11,088		690,893
Chemed Corp.	270		125,582
Cigna Corp.	6,391		1,279,223
Community Health Systems, Inc. (A)	2,677		31,321
CorVel Corp. (A)	411		76,536
Covetrus, Inc. (A)	2,407		43,663
Cross Country Healthcare, Inc. (A)	923		19,605
CVS Health Corp.	24,365		2,067,614
DaVita, Inc. (A)	2,096		243,681
Encompass Health Corp.	2,097		157,359
Five Star Senior Living, Inc. (A)	3,184		13,946
Fulgent Genetics, Inc. (A)	357		32,112
Guardant Health, Inc. (A)	1,967		245,895
Hanger, Inc. (A)	826		18,139
HCA Healthcare, Inc.	6,356		1,542,728
HealthEquity, Inc. (A)	1,482		95,974
Henry Schein, Inc. (A)	2,611		198,854
Humana, Inc.	2,338		909,833
Interpace Biosciences, Inc. (A)	276		2,456

Total Stock Market Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Health care providers and services (continued)
Laboratory Corp. of America Holdings (A)	1,855	$	522,071
LHC Group, Inc. (A)	671		105,287
Magellan Health, Inc. (A)	528		49,922
McKesson Corp.	2,802		558,663
MEDNAX, Inc. (A)	1,742		49,525
ModivCare, Inc. (A)	241		43,770
Molina Healthcare, Inc. (A)	1,146		310,921
National HealthCare Corp.	341		23,863
National Research Corp.	530		22,350
Oak Street Health, Inc. (A)(B)	4,047		172,119
Ontrak, Inc. (A)	418		4,197
Option Care Health, Inc. (A)	3,590		87,093
Owens & Minor, Inc.	1,464		45,809
Patterson Companies, Inc.	2,037		61,395
PetIQ, Inc. (A)	575		14,358
Precipio, Inc. (A)	1,442		4,066
Premier, Inc., Class A	2,487		96,396
Privia Health Group, Inc. (A)	487		11,474
Progenity, Inc. (A)	1,353		2,057
Progyny, Inc. (A)	1,674		93,744
Quest Diagnostics, Inc.	2,466		358,334
R1 RCM, Inc. (A)	2,386		52,516
RadNet, Inc. (A)	1,162		34,058
Select Medical Holdings Corp.	2,879		104,133
Signify Health, Inc., Class A (A)(B)	2,116		37,813
Surgery Partners, Inc. (A)	1,125		47,633
Tenet Healthcare Corp. (A)	2,202		146,301
The Ensign Group, Inc.	1,158		86,723
The Joint Corp. (A)	360		35,287
The Pennant Group, Inc. (A)	613		17,219
Tivity Health, Inc. (A)	1,068		24,628
UnitedHealth Group, Inc.	15,978		6,243,244
Universal Health Services, Inc., Class B	1,703		235,644
US Physical Therapy, Inc.	281		31,079
			20,575,174
Health care technology – 0.4%
Allscripts Healthcare Solutions, Inc. (A)	3,473		46,434
American Well Corp., Class A (A)	4,475		40,767
Castlight Health, Inc., B Shares (A)	3,656		5,740
Cerner Corp.	5,581		393,572
Certara, Inc. (A)	2,913		96,420
Change Healthcare, Inc. (A)	2,632		55,114
Computer Programs & Systems, Inc. (A)	332		11,773
Doximity, Inc., Class A (A)	5,967		481,537
Evolent Health, Inc., Class A (A)	1,837		56,947
GoodRx Holdings, Inc., Class A (A)(B)	7,531		308,922
Health Catalyst, Inc. (A)	658		32,907
HealthStream, Inc. (A)	730		20,863
HTG Molecular Diagnostics, Inc. (A)	68		388
Inovalon Holdings, Inc., Class A (A)	3,247		130,822
Inspire Medical Systems, Inc. (A)	513		119,467
NantHealth, Inc. (A)	2,869		4,619
NextGen Healthcare, Inc. (A)	1,375		19,388
Omnicell, Inc. (A)	878		130,322
Phreesia, Inc. (A)	625		38,563
Schrodinger, Inc. (A)	841		45,986
Simulations Plus, Inc.	395		15,603
Tabula Rasa HealthCare, Inc. (A)	474		12,424
Teladoc Health, Inc. (A)	2,629		333,383
Veeva Systems, Inc., Class A (A)	2,849		820,996
Vocera Communications, Inc. (A)	698		31,940
			3,254,897
Life sciences tools and services – 1.4%
10X Genomics, Inc., Class A (A)	2,009		292,470

 

297

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Total Stock Market Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Life sciences tools and services (continued)
Adaptive Biotechnologies Corp. (A)	2,619	$	89,020
Agilent Technologies, Inc.	5,690		896,346
Avantor, Inc. (A)	11,445		468,101
Berkeley Lights, Inc. (A)	725		14,181
Bionano Genomics, Inc. (A)(B)	4,957		27,264
Bio-Rad Laboratories, Inc., Class A (A)	497		370,737
Bio-Techne Corp.	772		374,088
Bruker Corp.	3,230		252,263
Charles River Laboratories International, Inc. (A)	1,022		421,749
Codexis, Inc. (A)	1,349		31,378
Fluidigm Corp. (A)	1,624		10,702
ICON PLC (A)	548		143,587
Illumina, Inc. (A)	2,710		1,099,203
Inotiv, Inc. (A)	104		3,041
IQVIA Holdings, Inc. (A)	3,682		881,986
Maravai LifeSciences Holdings, Inc., Class A (A)	4,906		240,786
Medpace Holdings, Inc. (A)	761		144,042
Mettler-Toledo International, Inc. (A)	432		595,020
NanoString Technologies, Inc. (A)	769		36,920
NeoGenomics, Inc. (A)	2,242		108,154
Pacific Biosciences of California, Inc. (A)	3,229		82,501
PerkinElmer, Inc.	2,144		371,534
Personalis, Inc. (A)	696		13,391
PPD, Inc. (A)	5,729		268,060
Quanterix Corp. (A)	534		26,588
Repligen Corp. (A)	1,100		317,889
Sotera Health Company (A)	5,283		138,150
Syneos Health, Inc. (A)	2,189		191,494
Thermo Fisher Scientific, Inc.	7,126		4,071,298
Waters Corp. (A)	1,162		415,183
			12,397,126
Pharmaceuticals – 3.0%
9 Meters Biopharma, Inc. (A)	13,854		18,010
Aclaris Therapeutics, Inc. (A)	1,008		18,144
Aerie Pharmaceuticals, Inc. (A)	991		11,297
Agile Therapeutics, Inc. (A)	9,325		8,962
Alexza Pharmaceuticals, Inc. (A)(C)	2,067		72
Amneal Pharmaceuticals, Inc. (A)	6,203		33,124
Amphastar Pharmaceuticals, Inc. (A)	1,078		20,493
Ampio Pharmaceuticals, Inc. (A)(B)	2,637		4,377
Angion Biomedica Corp. (A)	423		4,133
ANI Pharmaceuticals, Inc. (A)	272		8,927
Antares Pharma, Inc. (A)	3,736		13,599
Aquestive Therapeutics, Inc. (A)	1,242		5,415
Arvinas, Inc. (A)	815		66,977
Atea Pharmaceuticals, Inc. (A)	1,573		55,149
Avalo Therapeutics, Inc. (A)	3,324		7,246
Axsome Therapeutics, Inc. (A)	727		23,962
Baudax Bio, Inc. (A)	12,510		7,056
BioDelivery Sciences International, Inc. (A)	2,072		7,480
Bristol-Myers Squibb Company	41,562		2,459,224
Cara Therapeutics, Inc. (A)	906		13,998
Cassava Sciences, Inc. (A)(B)	658		40,849
Catalent, Inc. (A)	3,070		408,525
cbdMD, Inc. (A)	231		480
Clearside Biomedical, Inc. (A)	632		3,792
CNS Pharmaceuticals, Inc. (A)	4,452		6,633
Collegium Pharmaceutical, Inc. (A)	742		14,647
Corcept Therapeutics, Inc. (A)	2,419		47,606
Dova Pharmaceuticals, Inc. (A)(C)	702		0
Durect Corp. (A)	4,211		5,390

Total Stock Market Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Pharmaceuticals (continued)
Edgewise Therapeutics, Inc. (A)	49	$	813
Elanco Animal Health, Inc. (A)	7,805		248,901
Elanco Animal Health, Inc. (A)(C)	1,239		0
Eli Lilly & Company	17,620		4,071,101
Eloxx Pharmaceuticals, Inc. (A)	6,700		10,921
Endo International PLC (A)	4,819		15,614
Esperion Therapeutics, Inc. (A)	591		7,122
Evofem Biosciences, Inc. (A)(B)	8,299		6,130
Evoke Pharma, Inc. (A)	2,608		3,390
Evolus, Inc. (A)	1,331		10,142
EyeGate Pharmaceuticals, Inc. (A)	353		794
Eyenovia, Inc. (A)	1,620		7,938
Fulcrum Therapeutics, Inc. (A)	548		15,459
Graybug Vision, Inc. (A)	1,334		4,429
Harrow Health, Inc. (A)	642		5,836
Hoth Therapeutics, Inc. (A)	8,258		9,827
Ikena Oncology, Inc. (A)	481		6,070
IMARA, Inc. (A)	1,373		5,602
Innoviva, Inc. (A)	2,164		36,160
Jaguar Health, Inc. (A)	2,822		6,406
Johnson & Johnson	48,087		7,766,051
Kala Pharmaceuticals, Inc. (A)(B)	1,156		3,029
Kaleido Biosciences, Inc. (A)	768		4,193
Landos Biopharma, Inc. (A)	517		7,548
Lannett Company, Inc. (A)	920		2,760
Liquidia Corp. (A)	907		2,503
Longboard Pharmaceuticals, Inc. (A)	471		4,197
Lyra Therapeutics, Inc. (A)	779		7,120
Marinus Pharmaceuticals, Inc. (A)	569		6,475
Merck & Company, Inc.	46,028		3,457,163
Nektar Therapeutics (A)	3,720		66,811
NGM Biopharmaceuticals, Inc. (A)	1,448		30,437
Ocular Therapeutix, Inc. (A)	1,256		12,560
Odonate Therapeutics, Inc. (A)	5,596		16,284
Omeros Corp. (A)	1,206		16,631
Onconova Therapeutics, Inc. (A)	965		3,696
Optinose, Inc. (A)	5,512		16,536
Organon & Company	4,780		156,736
Osmotica Pharmaceuticals PLC (A)	6,046		17,836
Otonomy, Inc. (A)	7,305		14,026
Pacira BioSciences, Inc. (A)	888		49,728
Palisade Bio, Inc. (A)(B)	1,653		4,380
Paratek Pharmaceuticals, Inc. (A)	901		4,379
Pfizer, Inc.	102,379		4,403,321
Phathom Pharmaceuticals, Inc. (A)	484		15,536
Phibro Animal Health Corp., Class A	851		18,331
Pliant Therapeutics, Inc. (A)	232		3,916
PLx Pharma, Inc. (A)	510		9,843
Prestige Consumer Healthcare, Inc. (A)	1,076		60,374
Prevail Therapeutics, Inc. (A)(C)	788		394
Provention Bio, Inc. (A)	2,141		13,702
Rain Therapeutics, Inc. (A)	293		4,383
Reata Pharmaceuticals, Inc., Class A (A)	634		63,787
Revance Therapeutics, Inc. (A)	1,026		28,584
Royalty Pharma PLC, Class A	10,381		375,169
SCYNEXIS, Inc. (A)	790		4,187
Seelos Therapeutics, Inc. (A)	3,347		8,066
SIGA Technologies, Inc. (A)	1,954		14,440
Supernus Pharmaceuticals, Inc. (A)	1,139		30,377
Terns Pharmaceuticals, Inc. (A)	403		4,199
TherapeuticsMD, Inc. (A)	5,607		4,157
Tilray, Inc., Class 2 (A)(B)	7,922		89,439
Tobira Therapeutics, Inc. (A)(C)	609		2,521
Tricida, Inc. (A)	1,068		4,956
Vallon Pharmaceuticals, Inc. (A)	1,167		8,484

 

298

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Total Stock Market Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Pharmaceuticals (continued)
Verrica Pharmaceuticals, Inc. (A)	659	$	8,238
Viatris, Inc.	22,719		307,842
Virpax Pharmaceuticals, Inc. (A)	711		3,413
VYNE Therapeutics, Inc. (A)	2,528		3,514
Xeris Pharmaceuticals, Inc. (A)(B)	4,556		11,162
Zoetis, Inc.	8,750		1,698,725
Zogenix, Inc. (A)	961		14,598
Zomedica Corp. (A)	11,482		6,011
Zynerba Pharmaceuticals, Inc. (A)	1,351		5,728
			26,686,698
			112,186,541
Industrials – 8.4%
Aerospace and defense – 1.4%
AAR Corp. (A)	757		24,550
Aerojet Rocketdyne Holdings, Inc.	1,656		72,119
AeroVironment, Inc. (A)	512		44,196
Astronics Corp. (A)	623		8,759
Axon Enterprise, Inc. (A)	1,246		218,075
BWX Technologies, Inc.	1,923		103,573
Curtiss-Wright Corp.	789		99,556
Ducommun, Inc. (A)	268		13,494
General Dynamics Corp.	4,993		978,778
HEICO Corp., Class A	2,690		318,577
Hexcel Corp. (A)	1,762		104,645
Howmet Aerospace, Inc.	8,401		262,111
Huntington Ingalls Industries, Inc.	759		146,533
Kaman Corp.	587		20,938
Kratos Defense & Security Solutions, Inc. (A)	2,288		51,045
L3Harris Technologies, Inc.	3,809		838,894
Lockheed Martin Corp.	4,745		1,637,500
Maxar Technologies, Inc.	1,313		37,184
Mercury Systems, Inc. (A)	1,164		55,197
Moog, Inc., Class A	671		51,150
National Presto Industries, Inc.	169		13,872
Northrop Grumman Corp.	2,773		998,696
Park Aerospace Corp.	561		7,674
Parsons Corp. (A)	2,058		69,478
Raytheon Technologies Corp.	28,079		2,413,671
Spirit AeroSystems Holdings, Inc., Class A	2,171		95,936
Textron, Inc.	4,443		310,166
The Boeing Company (A)	10,819		2,379,531
TransDigm Group, Inc. (A)	1,033		645,181
Triumph Group, Inc. (A)	1,030		19,189
Vectrus, Inc. (A)	262		13,173
			12,053,441
Air freight and logistics – 0.5%
Air Transport Services Group, Inc. (A)	1,293		33,372
Atlas Air Worldwide Holdings, Inc. (A)	480		39,206
CH Robinson Worldwide, Inc.	2,237		194,619
Echo Global Logistics, Inc. (A)	631		30,105
Expeditors International of Washington, Inc.	2,602		309,976
FedEx Corp.	5,017		1,100,178
Forward Air Corp.	636		52,801
GXO Logistics, Inc. (A)	1,938		152,017
Hub Group, Inc., Class A (A)	691		47,506
United Parcel Service, Inc., Class B	16,108		2,933,267
			4,893,047
Airlines – 0.2%
Alaska Air Group, Inc. (A)	2,510		147,086
Allegiant Travel Company (A)	324		63,336
American Airlines Group, Inc. (A)(B)	9,945		204,071

Total Stock Market Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Airlines (continued)
Delta Air Lines, Inc. (A)	13,422	$	571,911
Hawaiian Holdings, Inc. (A)	993		21,508
JetBlue Airways Corp. (A)	6,077		92,917
Mesa Air Group, Inc. (A)	734		5,622
SkyWest, Inc. (A)	1,002		49,439
Southwest Airlines Company (A)	10,995		565,473
Spirit Airlines, Inc. (A)	1,446		37,509
United Airlines Holdings, Inc. (A)	5,285		251,407
			2,010,279
Building products – 0.5%
A.O. Smith Corp.	3,268		199,577
AAON, Inc.	1,098		71,743
Advanced Drainage Systems, Inc.	1,309		141,595
American Woodmark Corp. (A)	361		23,599
Apogee Enterprises, Inc.	604		22,807
Armstrong World Industries, Inc.	856		81,722
Builders FirstSource, Inc. (A)	4,290		221,965
Carlisle Companies, Inc.	796		158,237
Carrier Global Corp.	16,178		837,373
Cornerstone Building Brands, Inc. (A)	2,840		41,492
CSW Industrials, Inc.	335		42,780
Fortune Brands Home & Security, Inc.	2,668		238,573
Gibraltar Industries, Inc. (A)	685		47,710
Griffon Corp.	1,054		25,928
Insteel Industries, Inc.	463		17,617
JELD-WEN Holding, Inc. (A)	2,148		53,764
Johnson Controls International PLC	9,635		655,951
Lennox International, Inc.	706		207,684
Masco Corp.	4,564		253,530
Owens Corning	2,138		182,799
PGT Innovations, Inc. (A)	1,295		24,735
Quanex Building Products Corp.	554		11,861
Resideo Technologies, Inc. (A)	2,645		65,570
Simpson Manufacturing Company, Inc.	929		99,375
The AZEK Company, Inc. (A)	1,030		37,626
Trex Company, Inc. (A)	2,395		244,122
UFP Industries, Inc.	1,297		88,170
			4,097,905
Commercial services and supplies – 0.6%
ABM Industries, Inc.	1,396		62,834
ACCO Brands Corp.	2,109		18,116
ACV Auctions, Inc., Class A (A)	1,749		31,290
ADT, Inc.	15,587		126,099
Aqua Metals, Inc. (A)	407		842
Brady Corp., Class A	1,122		56,885
BrightView Holdings, Inc. (A)	2,250		33,210
Casella Waste Systems, Inc., Class A (A)	1,031		78,294
CECO Environmental Corp. (A)	931		6,554
Cintas Corp.	1,923		732,009
Clean Harbors, Inc. (A)	1,183		122,878
Copart, Inc. (A)	4,342		602,322
CoreCivic, Inc. (A)	2,527		22,490
Covanta Holding Corp.	2,894		58,227
Deluxe Corp.	899		32,265
Ennis, Inc.	594		11,197
Harsco Corp. (A)	1,720		29,154
Healthcare Services Group, Inc.	1,557		38,909
Heritage-Crystal Clean, Inc. (A)	532		15,417
Herman Miller, Inc.	1,470		55,360
HNI Corp.	909		33,378
IAA, Inc. (A)	2,758		150,504
Interface, Inc.	1,246		18,877
KAR Auction Services, Inc. (A)	2,713		44,466
Kimball International, Inc., Class B	828		9,274
Matthews International Corp., Class A	695		24,110

 

299

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Total Stock Market Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Commercial services and supplies (continued)
MSA Safety, Inc.	789	$	114,957
NL Industries, Inc.	1,371		7,897
Pitney Bowes, Inc.	3,630		26,172
Quad/Graphics, Inc. (A)	1,350		5,738
Republic Services, Inc.	5,154		618,789
Rollins, Inc.	9,589		338,779
RR Donnelley & Sons Company (A)	1,850		9,509
SP Plus Corp. (A)	517		15,856
Steelcase, Inc., Class A	2,479		31,434
Stericycle, Inc. (A)	1,924		130,774
Swisher Hygiene, Inc. (A)(C)	450		0
Team, Inc. (A)	728		2,191
Tetra Tech, Inc.	1,153		172,189
The Brink's Company	1,052		66,592
UniFirst Corp.	321		68,251
US Ecology, Inc. (A)	492		15,916
Viad Corp. (A)	446		20,253
Vidler Water Resouces, Inc. (A)	659		7,499
VSE Corp.	270		13,006
Waste Management, Inc.	7,421		1,108,401
			5,189,164
Construction and engineering – 0.2%
AECOM (A)	2,768		174,799
Ameresco, Inc., Class A (A)	1,046		61,118
Arcosa, Inc.	870		43,648
Argan, Inc.	361		15,765
Comfort Systems USA, Inc.	770		54,916
Construction Partners, Inc., Class A (A)	1,162		38,776
Dycom Industries, Inc. (A)	667		47,517
EMCOR Group, Inc.	901		103,957
Fluor Corp. (A)	3,029		48,373
Granite Construction, Inc.	1,014		40,104
Great Lakes Dredge & Dock Corp. (A)	1,462		22,062
IES Holdings, Inc. (A)	485		22,160
MasTec, Inc. (A)	1,529		131,922
Matrix Service Company (A)	663		6,935
MYR Group, Inc. (A)	381		37,910
Northwest Pipe Company (A)	252		5,972
Orbital Energy Group, Inc. (A)	635		1,956
Orion Group Holdings, Inc. (A)	985		5,358
Primoris Services Corp.	1,046		25,617
Quanta Services, Inc.	2,698		307,086
Sterling Construction Company, Inc. (A)	650		14,736
Tutor Perini Corp. (A)	1,152		14,953
Valmont Industries, Inc.	334		78,530
WillScot Mobile Mini Holdings Corp. (A)	4,767		151,209
			1,455,379
Electrical equipment – 0.6%
Acuity Brands, Inc.	788		136,616
Allied Motion Technologies, Inc.	333		10,416
American Superconductor Corp. (A)	626		9,127
AMETEK, Inc.	4,215		522,702
Array Technologies, Inc. (A)	2,418		44,781
Atkore, Inc. (A)	995		86,485
Ault Global Holdings, Inc. (A)	1,563		3,798
AZZ, Inc.	556		29,579
Blink Charging Company (A)	688		19,684
Bloom Energy Corp., Class A (A)	2,529		47,343
Eaton Corp. PLC	7,027		1,049,201
Emerson Electric Company	10,731		1,010,860
Encore Wire Corp.	444		42,105
Energous Corp. (A)(B)	2,561		5,327
EnerSys	886		65,954
FuelCell Energy, Inc. (A)	4,837		32,360

Total Stock Market Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Electrical equipment (continued)
Generac Holdings, Inc. (A)	592	$	241,933
GrafTech International, Ltd.	4,843		49,980
Hubbell, Inc.	956		172,721
nVent Electric PLC	3,399		109,890
Ocean Power Technologies, Inc. (A)	567		1,315
Orion Energy Systems, Inc. (A)	2,776		10,799
Plug Power, Inc. (A)	9,570		244,418
Powell Industries, Inc.	287		7,052
Preformed Line Products Company	126		8,195
Regal Beloit Corp.	813		122,226
Rockwell Automation, Inc.	2,053		603,664
Sunrun, Inc. (A)	3,994		175,736
Sunworks, Inc. (A)	179		1,099
Thermon Group Holdings, Inc. (A)	751		13,000
TPI Composites, Inc. (A)	781		26,359
Vicor Corp. (A)	865		116,048
			5,020,773
Industrial conglomerates – 0.9%
3M Company	10,518		1,845,068
General Electric Company	20,442		2,106,139
Honeywell International, Inc.	12,632		2,681,521
Icahn Enterprises LP	4,276		213,586
Raven Industries, Inc. (A)	807		46,491
Roper Technologies, Inc.	1,888		842,293
			7,735,098
Machinery – 1.7%
AGCO Corp.	1,435		175,831
Agrify Corp. (A)	374		6,934
Alamo Group, Inc.	239		33,348
Albany International Corp., Class A	643		49,427
Allison Transmission Holdings, Inc.	1,182		41,748
Altra Industrial Motion Corp.	1,367		75,663
Astec Industries, Inc.	516		27,766
Barnes Group, Inc.	1,066		44,484
Caterpillar, Inc.	10,074		1,933,906
Chart Industries, Inc. (A)	759		145,052
CIRCOR International, Inc. (A)	461		15,218
Colfax Corp. (A)	2,476		113,648
Columbus McKinnon Corp.	532		25,722
Commercial Vehicle Group, Inc. (A)	856		8,098
Crane Company	1,181		111,971
Cummins, Inc.	2,458		551,968
Deere & Company	4,697		1,573,824
Donaldson Company, Inc.	2,191		125,785
Douglas Dynamics, Inc.	435		15,791
Dover Corp.	2,018		313,799
Energy Recovery, Inc. (A)	1,268		24,130
Enerpac Tool Group Corp.	1,293		26,804
EnPro Industries, Inc.	467		40,685
ESCO Technologies, Inc.	542		41,734
Evoqua Water Technologies Corp. (A)	2,421		90,933
Federal Signal Corp.	1,279		49,395
Flowserve Corp.	2,742		95,065
Fortive Corp.	6,140		433,300
Franklin Electric Company, Inc.	987		78,812
Gates Industrial Corp. PLC (A)	6,148		100,028
Gencor Industries, Inc. (A)	428		4,751
Graco, Inc.	3,258		227,962
Graham Corp.	310		3,844
Helios Technologies, Inc.	706		57,970
Hillenbrand, Inc.	1,583		67,515
Hurco Companies, Inc.	183		5,904
Hyster-Yale Materials Handling, Inc.	296		14,877
IDEX Corp.	1,049		217,091
Illinois Tool Works, Inc.	5,437		1,123,447

 

300

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Total Stock Market Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Machinery (continued)
Ingersoll Rand, Inc. (A)	7,954	$	400,961
ITT, Inc.	1,654		141,979
John Bean Technologies Corp.	667		93,747
Kadant, Inc.	213		43,473
Kennametal, Inc.	1,782		60,998
LB Foster Company, Class A (A)	298		4,616
Lincoln Electric Holdings, Inc.	1,160		149,396
Lindsay Corp.	215		32,635
Lydall, Inc. (A)	434		26,947
Mayville Engineering Company, Inc. (A)	522		9,814
Meritor, Inc. (A)	1,419		30,239
Microvast Holdings, Inc. (A)	33,405		274,589
Miller Industries, Inc.	293		9,974
Mueller Industries, Inc.	1,297		53,307
Mueller Water Products, Inc., Class A	3,339		50,820
NN, Inc. (A)	766		4,022
Nordson Corp.	688		163,847
Omega Flex, Inc.	223		31,820
Oshkosh Corp.	1,294		132,467
Otis Worldwide Corp.	7,399		608,790
PACCAR, Inc.	5,710		450,633
Parker-Hannifin Corp.	2,416		675,562
Park-Ohio Holdings Corp.	316		8,064
Proto Labs, Inc. (A)	565		37,629
RBC Bearings, Inc. (A)	524		111,193
REV Group, Inc.	1,210		20,764
Rexnord Corp.	2,363		151,917
Snap-on, Inc.	835		174,473
SPX Corp. (A)	948		50,671
SPX FLOW, Inc.	923		67,471
Standex International Corp.	280		27,695
Stanley Black & Decker, Inc.	2,971		520,846
Tennant Company	380		28,101
Terex Corp.	1,554		65,423
The Eastern Company	202		5,082
The Gorman-Rupp Company	603		21,593
The Greenbrier Companies, Inc.	586		25,192
The Manitowoc Company, Inc. (A)	864		18,507
The Middleby Corp. (A)	1,172		199,838
The Shyft Group, Inc.	809		30,750
The Timken Company	1,583		103,560
The Toro Company	2,154		209,821
Titan International, Inc. (A)	1,677		12,007
TriMas Corp. (A)	1,035		33,493
Trinity Industries, Inc.	2,605		70,778
Wabash National Corp.	1,110		16,794
Wabtec Corp.	3,970		342,254
Watts Water Technologies, Inc., Class A	650		109,259
Welbilt, Inc. (A)	2,974		69,116
Woodward, Inc.	1,298		146,934
Xylem, Inc.	3,519		435,230
			14,659,321
Marine – 0.0%
Eagle Bulk Shipping, Inc. (A)	275		13,866
Kirby Corp. (A)	1,269		60,861
Matson, Inc.	933		75,302
			150,029
Professional services – 0.5%
Acacia Research Corp. (A)	1,686		11,448
ASGN, Inc. (A)	1,106		125,133
Barrett Business Services, Inc.	173		13,193
Booz Allen Hamilton Holding Corp.	2,445		194,011
CACI International, Inc., Class A (A)	333		87,279
CBIZ, Inc. (A)	1,144		36,997
CoStar Group, Inc. (A)	7,420		638,565

Total Stock Market Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Professional services (continued)
CRA International, Inc.	188	$	18,676
Dun & Bradstreet Holdings, Inc. (A)	4,817		80,974
Equifax, Inc.	2,294		581,345
Exponent, Inc.	1,082		122,428
Forrester Research, Inc. (A)	420		20,689
Franklin Covey Company (A)	341		13,909
FTI Consulting, Inc. (A)	590		79,473
Heidrick & Struggles International, Inc.	459		20,485
Huron Consulting Group, Inc. (A)	481		25,012
ICF International, Inc.	377		33,662
Insperity, Inc.	843		93,354
Jacobs Engineering Group, Inc.	2,407		319,000
KBR, Inc.	2,986		117,648
Kelly Services, Inc., Class A	813		15,349
Kforce, Inc.	509		30,357
Korn Ferry	1,163		84,155
Leidos Holdings, Inc.	2,616		251,476
ManpowerGroup, Inc.	1,062		114,993
ManTech International Corp., Class A	809		61,419
Mistras Group, Inc. (A)	754		7,661
Resources Connection, Inc.	781		12,324
Robert Half International, Inc.	2,211		221,830
Science Applications International Corp.	1,089		93,175
ShiftPixy, Inc. (A)(B)	1,190		1,321
TransUnion	3,623		406,899
TriNet Group, Inc. (A)	1,465		138,560
TrueBlue, Inc. (A)	816		22,097
Upwork, Inc. (A)	2,419		108,928
Verisk Analytics, Inc.	2,981		597,005
Willdan Group, Inc. (A)	264		9,396
			4,810,226
Road and rail – 1.0%
AMERCO	253		163,446
ArcBest Corp.	604		49,389
Avis Budget Group, Inc. (A)	1,479		172,318
Covenant Logistics Group, Inc. (A)	501		13,853
CSX Corp.	41,976		1,248,366
Daseke, Inc. (A)	1,184		10,905
Heartland Express, Inc.	1,522		24,382
HyreCar, Inc. (A)	233		1,981
JB Hunt Transport Services, Inc.	1,930		322,735
Kansas City Southern	1,750		473,620
Knight-Swift Transportation Holdings, Inc.	3,561		182,145
Landstar System, Inc.	521		82,224
Lyft, Inc., Class A (A)	6,240		334,402
Marten Transport, Ltd.	1,666		26,140
Norfolk Southern Corp.	4,539		1,085,956
Old Dominion Freight Line, Inc.	2,233		638,593
P.A.M. Transportation Services, Inc. (A)	326		14,663
Ryder System, Inc.	1,136		93,959
Saia, Inc. (A)	560		133,297
Schneider National, Inc., Class B	3,647		82,933
TuSimple Holdings, Inc., Class A (A)	1,216		45,150
Uber Technologies, Inc. (A)	35,203		1,577,094
Union Pacific Corp.	10,618		2,081,234
Universal Logistics Holdings, Inc.	647		12,992
Werner Enterprises, Inc.	973		43,075
XPO Logistics, Inc. (A)	1,938		154,226
Yellow Corp. (A)	875		4,944
			9,074,022
Trading companies and distributors – 0.3%
Air Lease Corp.	2,163		85,092
Applied Industrial Technologies, Inc.	808		72,825
Beacon Roofing Supply, Inc. (A)	1,448		69,156

 

301

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Total Stock Market Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Trading companies and distributors (continued)
BlueLinx Holdings, Inc. (A)	138	$	6,745
Boise Cascade Company	849		45,829
CAI International, Inc.	399		22,308
DXP Enterprises, Inc. (A)	424		12,538
EVI Industries, Inc. (A)	281		7,643
Fastenal Company	11,301		583,245
Fortress Transportation & Infrastructure Investors LLC	1,753		44,491
GATX Corp.	601		53,826
Global Industrial, Inc.	859		32,548
GMS, Inc. (A)	892		39,070
H&E Equipment Services, Inc.	706		24,505
Herc Holdings, Inc. (A)	600		98,076
Lawson Products, Inc. (A)	105		5,251
McGrath RentCorp	513		36,910
MRC Global, Inc. (A)	1,913		14,041
MSC Industrial Direct Company, Inc., Class A	1,063		85,242
NOW, Inc. (A)	2,361		18,062
Rush Enterprises, Inc., Class A	1,177		53,153
SiteOne Landscape Supply, Inc. (A)	878		175,135
Textainer Group Holdings, Ltd. (A)	1,307		45,627
Titan Machinery, Inc. (A)	554		14,354
United Rentals, Inc. (A)	1,337		469,193
Univar Solutions, Inc. (A)	3,580		85,276
Veritiv Corp. (A)	416		37,257
W.W. Grainger, Inc.	838		329,384
Watsco, Inc.	731		193,437
WESCO International, Inc. (A)	1,054		121,547
			2,881,766
			74,030,450
Information technology – 25.9%
Communications equipment – 0.8%
ADTRAN, Inc.	1,229		23,056
Applied Optoelectronics, Inc. (A)	524		3,762
Arista Networks, Inc. (A)	1,433		492,436
CalAmp Corp. (A)	820		8,159
Calix, Inc. (A)	1,308		64,654
Cambium Networks Corp. (A)	638		23,089
Casa Systems, Inc. (A)	2,022		13,709
Ciena Corp. (A)	2,982		153,126
Cisco Systems, Inc.	76,920		4,186,756
Clearfield, Inc. (A)	398		17,572
CommScope Holding Company, Inc. (A)	4,134		56,181
Comtech Telecommunications Corp.	548		14,034
Digi International, Inc. (A)	683		14,357
DZS, Inc. (A)	566		6,939
EchoStar Corp., Class A (A)	2,059		52,525
Extreme Networks, Inc. (A)	2,767		27,255
F5 Networks, Inc. (A)	1,169		232,374
Harmonic, Inc. (A)	2,084		18,235
Infinera Corp. (A)	3,517		29,261
Inseego Corp. (A)	1,798		11,975
Juniper Networks, Inc.	5,594		153,947
KVH Industries, Inc. (A)	504		4,854
Lumentum Holdings, Inc. (A)	1,592		132,996
Motorola Solutions, Inc.	2,893		672,102
NETGEAR, Inc. (A)	654		20,869
NetScout Systems, Inc. (A)	1,586		42,743
Plantronics, Inc. (A)	893		22,959
Powerwave Technologies, Inc. (A)(C)	912		0
Resonant, Inc. (A)	247		598
Ribbon Communications, Inc. (A)	2,627		15,709
Ubiquiti, Inc.	1,238		369,753
ViaSat, Inc. (A)	1,289		70,985

Total Stock Market Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Communications equipment (continued)
Viavi Solutions, Inc. (A)	4,848	$	76,308
Vislink Technologies, Inc. (A)	1,137		2,058
			7,035,336
Electronic equipment, instruments and components – 0.7%
Advanced Energy Industries, Inc.	809		70,990
Akoustis Technologies, Inc. (A)	872		8,458
Amphenol Corp., Class A	10,849		794,472
Arlo Technologies, Inc. (A)	1,497		9,596
Arrow Electronics, Inc. (A)	1,238		139,015
Avnet, Inc.	1,858		68,690
Badger Meter, Inc.	609		61,594
Bel Fuse, Inc., Class B	346		4,301
Belden, Inc.	915		53,308
Benchmark Electronics, Inc.	800		21,368
CDW Corp.	2,526		459,783
Cognex Corp.	3,548		284,621
Coherent, Inc. (A)	509		127,296
Corning, Inc.	15,094		550,780
CTS Corp.	670		20,710
Daktronics, Inc. (A)	1,227		6,663
ePlus, Inc. (A)	171		17,546
FARO Technologies, Inc. (A)	391		25,732
II-VI, Inc. (A)	1,909		113,318
Insight Enterprises, Inc. (A)	735		66,209
IPG Photonics Corp. (A)	1,012		160,301
Iteris, Inc. (A)	1,032		5,449
Itron, Inc. (A)	841		63,605
Jabil, Inc.	2,933		171,199
Keysight Technologies, Inc. (A)	3,385		556,122
Kimball Electronics, Inc. (A)	601		15,488
Knowles Corp. (A)	1,955		36,637
Littelfuse, Inc.	493		134,722
Methode Electronics, Inc.	804		33,808
MicroVision, Inc. (A)	2,290		25,305
Napco Security Technologies, Inc. (A)	429		18,481
National Instruments Corp.	2,724		106,863
nLight, Inc. (A)	848		23,905
Novanta, Inc. (A)	739		114,176
OSI Systems, Inc. (A)	333		31,568
PAR Technology Corp. (A)	370		22,759
PC Connection, Inc.	517		22,764
Plexus Corp. (A)	489		43,721
Rogers Corp. (A)	393		73,287
Sanmina Corp. (A)	1,095		42,201
ScanSource, Inc. (A)	460		16,003
SYNNEX Corp.	1,018		105,974
Teledyne Technologies, Inc. (A)	883		379,319
Trimble, Inc. (A)	4,825		396,856
TTM Technologies, Inc. (A)	2,254		28,333
Vishay Intertechnology, Inc.	3,003		60,330
Vishay Precision Group, Inc. (A)	306		10,640
Vontier Corp.	2,732		91,795
Zebra Technologies Corp., Class A (A)	998		514,389
			6,210,450
IT services – 4.6%
Affirm Holdings, Inc. (A)	3,775		449,716
Akamai Technologies, Inc. (A)	2,848		297,872
Alliance Data Systems Corp.	932		94,029
Automatic Data Processing, Inc.	6,407		1,280,887
BigCommerce Holdings, Inc., Series 1 (A)	1,073		54,337
BM Technologies, Inc. (A)	1,528		13,599
Brightcove, Inc. (A)	983		11,344
Broadridge Financial Solutions, Inc.	2,155		359,109
Cass Information Systems, Inc.	256		10,714

 

302

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Total Stock Market Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
IT services (continued)
Cloudflare, Inc., Class A (A)	5,998	$	675,675
Cognizant Technology Solutions Corp., Class A	9,804		727,555
Concentrix Corp. (A)	1,018		180,186
Conduent, Inc. (A)	4,621		30,452
CSG Systems International, Inc.	659		31,764
DXC Technology Company (A)	5,359		180,116
EPAM Systems, Inc. (A)	1,091		622,394
Euronet Worldwide, Inc. (A)	1,131		143,954
EVO Payments, Inc., Class A (A)	1,768		41,866
ExlService Holdings, Inc. (A)	712		87,661
Fastly, Inc., Class A (A)	1,995		80,678
Fidelity National Information Services, Inc.	11,395		1,386,544
Fiserv, Inc. (A)	12,393		1,344,641
FleetCor Technologies, Inc. (A)	1,524		398,175
Gartner, Inc. (A)	1,708		519,027
Genpact, Ltd.	3,996		189,850
Global Payments, Inc.	5,523		870,314
GoDaddy, Inc., Class A (A)	3,165		220,601
GreenSky, Inc., Class A (A)	3,876		43,334
i3 Verticals, Inc., Class A (A)	606		14,671
IBM Corp.	16,189		2,249,138
Information Services Group, Inc.	1,409		10,117
Jack Henry & Associates, Inc.	1,234		202,450
Limelight Networks, Inc. (A)	2,664		6,340
LiveRamp Holdings, Inc. (A)	1,431		67,586
Marqeta, Inc., Class A (A)(B)	18,923		418,577
Mastercard, Inc., Class A	18,201		6,328,124
MAXIMUS, Inc.	1,146		95,347
MoneyGram International, Inc. (A)	1,519		12,182
MongoDB, Inc. (A)	1,175		554,024
Okta, Inc. (A)	2,436		578,160
Paychex, Inc.	6,715		755,102
PayPal Holdings, Inc. (A)	21,633		5,629,123
Paysign, Inc. (A)	1,105		2,984
Perficient, Inc. (A)	713		82,494
Sabre Corp. (A)	5,716		67,677
ServiceSource International, Inc. (A)	14,242		19,227
Shift4 Payments, Inc., Class A (A)	700		54,264
Snowflake, Inc., Class A (A)	5,436		1,644,009
SolarWinds Corp.	3,262		54,573
Square, Inc., Class A (A)	8,502		2,039,120
Squarespace, Inc., Class A (A)(B)	884		34,158
StarTek, Inc. (A)	653		3,598
Switch, Inc., Class A	5,110		129,743
The Hackett Group, Inc.	696		13,656
The Western Union Company	7,400		149,628
TTEC Holdings, Inc.	986		92,221
Twilio, Inc., Class A (A)	2,920		931,626
Unisys Corp. (A)	1,343		33,763
VeriSign, Inc. (A)	1,742		357,127
Verra Mobility Corp. (A)	3,363		50,680
Visa, Inc., Class A	35,691		7,950,170
WEX, Inc. (A)	903		159,054
			41,137,107
Semiconductors and semiconductor equipment – 4.6%
ACM Research, Inc., Class A (A)	406		44,660
Advanced Micro Devices, Inc. (A)	22,503		2,315,559
Allegro MicroSystems, Inc. (A)	3,608		115,312
Alpha & Omega Semiconductor, Ltd. (A)	622		19,512
Ambarella, Inc. (A)	706		109,952
Amkor Technology, Inc.	5,075		126,621
Analog Devices, Inc.	9,415		1,576,824
Applied Materials, Inc.	16,939		2,180,557

Total Stock Market Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Semiconductors and semiconductor equipment (continued)
Atomera, Inc. (A)	385	$	8,890
Axcelis Technologies, Inc. (A)	734		34,520
Broadcom, Inc.	7,470		3,622,427
Brooks Automation, Inc.	1,532		156,800
CEVA, Inc. (A)	512		21,847
Cirrus Logic, Inc. (A)	1,046		86,138
CMC Materials, Inc.	612		75,417
Cohu, Inc. (A)	925		29,545
Diodes, Inc. (A)	920		83,343
DSP Group, Inc. (A)	596		13,058
EMagin Corp. (A)	258		583
Enphase Energy, Inc. (A)	2,514		377,025
Entegris, Inc.	2,625		330,488
First Solar, Inc. (A)	2,030		193,784
FormFactor, Inc. (A)	1,518		56,667
Ichor Holdings, Ltd. (A)	384		15,779
Impinj, Inc. (A)	486		27,765
Intel Corp.	73,458		3,913,842
KLA Corp.	2,820		943,318
Kulicke & Soffa Industries, Inc.	1,388		80,893
Lam Research Corp.	2,616		1,488,896
Lattice Semiconductor Corp. (A)	2,827		182,766
MACOM Technology Solutions Holdings, Inc. (A)	1,335		86,601
Marvell Technology, Inc.	15,268		920,813
Maxeon Solar Technologies, Ltd. (A)	410		7,228
MaxLinear, Inc. (A)	1,515		74,614
Meta Materials, Inc. (A)(B)	1,228		7,098
Microchip Technology, Inc.	4,982		764,687
Micron Technology, Inc.	20,547		1,458,426
MKS Instruments, Inc.	1,139		171,886
Monolithic Power Systems, Inc.	873		423,126
NeoPhotonics Corp. (A)	1,119		9,746
NVE Corp.	120		7,676
NVIDIA Corp.	45,756		9,478,813
ON Semiconductor Corp. (A)	8,461		387,260
Onto Innovation, Inc. (A)	982		70,950
PDF Solutions, Inc. (A)	745		17,165
Photronics, Inc. (A)	1,478		20,145
Power Integrations, Inc.	1,203		119,085
Qorvo, Inc. (A)	2,048		342,405
QUALCOMM, Inc.	20,653		2,663,824
Rambus, Inc. (A)	2,420		53,724
Semtech Corp. (A)	1,393		108,612
Silicon Laboratories, Inc. (A)	876		122,780
SiTime Corp. (A)	232		47,367
Skyworks Solutions, Inc.	2,973		489,891
SMART Global Holdings, Inc. (A)	535		23,808
SunPower Corp. (A)	3,285		74,504
Synaptics, Inc. (A)	681		122,396
Teradyne, Inc.	3,234		353,056
Texas Instruments, Inc.	16,691		3,208,177
Ultra Clean Holdings, Inc. (A)	883		37,616
Universal Display Corp.	975		166,686
Veeco Instruments, Inc. (A)	1,119		24,853
Wolfspeed, Inc. (A)	2,258		182,288
Xilinx, Inc.	4,472		675,227
			40,955,321
Software – 10.0%
8x8, Inc. (A)	2,122		49,634
A10 Networks, Inc. (A)	1,809		24,385
ACI Worldwide, Inc. (A)	2,427		74,582
Adobe, Inc. (A)	8,195		4,718,025
Agilysys, Inc. (A)	564		29,531
Alarm.com Holdings, Inc. (A)	1,025		80,145

 

303

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Total Stock Market Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Software (continued)
Alkami Technology, Inc. (A)	757	$	18,683
Altair Engineering, Inc., Class A (A)	1,540		106,168
Alteryx, Inc., Class A (A)	1,359		99,343
American Software, Inc., Class A	679		16,126
Anaplan, Inc. (A)	2,761		168,117
ANSYS, Inc. (A)	1,673		569,573
Appfolio, Inc., Class A (A)	718		86,447
Appian Corp. (A)(B)	1,411		130,532
AppLovin Corp., Class A (A)	6,673		482,925
Asana, Inc., Class A (A)	2,882		299,267
Aspen Technology, Inc. (A)	1,425		174,990
Autodesk, Inc. (A)	4,162		1,186,878
Avalara, Inc. (A)	1,613		281,904
Avaya Holdings Corp. (A)	2,155		42,647
Benefitfocus, Inc. (A)	722		8,014
Bentley Systems, Inc., Class B (B)	4,989		302,533
Bill.com Holdings, Inc. (A)	1,427		380,938
Black Knight, Inc. (A)	2,978		214,416
Blackbaud, Inc. (A)	1,029		72,390
Blackline, Inc. (A)	1,170		138,130
Bottomline Technologies DE, Inc. (A)	930		36,530
Box, Inc., Class A (A)	3,163		74,868
C3.Ai, Inc., Class A (A)(B)	1,825		84,571
Cadence Design Systems, Inc. (A)	5,263		797,029
CDK Global, Inc.	2,502		106,460
Cerence, Inc. (A)	788		75,735
Ceridian HCM Holding, Inc. (A)	2,985		336,171
ChannelAdvisor Corp. (A)	697		17,585
Citrix Systems, Inc.	2,335		250,709
Cloudera, Inc. (A)	5,998		95,788
Cognyte Software, Ltd. (A)	1,365		28,051
CommVault Systems, Inc. (A)	969		72,975
Confluent, Inc., Class A (A)(B)	6,891		411,048
Cornerstone OnDemand, Inc. (A)	1,274		72,949
Coupa Software, Inc. (A)	1,333		292,167
Crowdstrike Holdings, Inc., Class A (A)	4,293		1,055,134
Datadog, Inc., Class A (A)	6,130		866,476
Digimarc Corp. (A)	294		10,125
DocuSign, Inc. (A)	3,724		958,669
Dolby Laboratories, Inc., Class A	1,941		170,808
Domo, Inc., Class B (A)	622		52,522
DoubleVerify Holdings, Inc. (A)	265		9,052
Dropbox, Inc., Class A (A)	8,100		236,682
Duck Creek Technologies, Inc. (A)	1,484		65,652
Dynatrace, Inc. (A)	5,749		408,007
Ebix, Inc.	651		17,531
eGain Corp. (A)	755		7,701
Envestnet, Inc. (A)	1,101		88,344
Everbridge, Inc. (A)	708		106,936
Fair Isaac Corp. (A)	552		219,657
Five9, Inc. (A)	1,276		203,828
Fortinet, Inc. (A)	3,121		911,457
Guidewire Software, Inc. (A)	1,721		204,575
HubSpot, Inc. (A)	893		603,748
Intelligent Systems Corp. (A)	199		8,081
InterDigital, Inc.	665		45,100
Intuit, Inc.	5,101		2,752,041
j2 Global, Inc. (A)	891		121,728
JFrog, Ltd. (A)	1,737		58,190
KnowBe4, Inc., Class A (A)(B)	2,566		56,349
LivePerson, Inc. (A)	1,406		82,884
Mandiant, Inc. (A)	4,573		81,399
Manhattan Associates, Inc. (A)	1,337		204,601
McAfee Corp., Class A	8,082		178,693
Medallia, Inc. (A)	2,506		84,878

Total Stock Market Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Software (continued)
Microsoft Corp.	134,752	$	37,989,284
MicroStrategy, Inc., Class A (A)	221		127,826
Mitek Systems, Inc. (A)	911		16,854
Model N, Inc. (A)	719		24,087
Momentive Global, Inc. (A)	2,843		55,723
N-Able, Inc. (A)	3,262		40,481
NCino, Inc. (A)	995		70,675
NCR Corp. (A)	2,659		103,063
New Relic, Inc. (A)	1,234		88,564
NortonLifeLock, Inc.	11,705		296,137
Nuance Communications, Inc. (A)	5,647		310,811
Nutanix, Inc., Class A (A)	3,956		149,141
Olo, Inc., Class A (A)	1,880		56,456
OneSpan, Inc. (A)	910		17,090
Oracle Corp.	48,812		4,252,990
PagerDuty, Inc. (A)	1,640		67,929
Palantir Technologies, Inc., Class A (A)	31,773		763,823
Palo Alto Networks, Inc. (A)	1,888		904,352
Paycom Software, Inc. (A)	1,189		589,447
Paycor HCM, Inc. (A)	8,029		282,300
Paylocity Holding Corp. (A)	1,121		314,328
Pegasystems, Inc.	1,661		211,113
Ping Identity Holding Corp. (A)	1,506		37,002
Procore Technologies, Inc. (A)(B)	693		61,913
Progress Software Corp.	952		46,829
PROS Holdings, Inc. (A)	881		31,258
PTC, Inc. (A)	2,371		284,022
Q2 Holdings, Inc. (A)	1,009		80,861
Qualtrics International, Inc., Class A (A)	7,538		322,174
Qualys, Inc. (A)	812		90,367
Rapid7, Inc. (A)	1,045		118,106
Rekor Systems, Inc. (A)	930		10,686
Rimini Street, Inc. (A)	1,519		14,658
RingCentral, Inc., Class A (A)	1,564		340,170
Riot Blockchain, Inc. (A)	1,338		34,387
Sailpoint Technologies Holdings, Inc. (A)	1,899		81,429
salesforce.com, Inc. (A)	18,033		4,890,910
SecureWorks Corp., Class A (A)	1,619		32,186
SEMrush Holdings, Inc., Class A (A)(B)	1,187		27,372
SentinelOne, Inc., Class A (A)(B)	6,401		342,902
ServiceNow, Inc. (A)	3,672		2,284,975
ShotSpotter, Inc. (A)	262		9,529
Smartsheet, Inc., Class A (A)	2,404		165,443
Splunk, Inc. (A)	3,253		470,742
Sprinklr, Inc., Class A (A)(B)	19,215		336,263
Sprout Social, Inc., Class A (A)	881		107,438
SPS Commerce, Inc. (A)	728		117,434
SS&C Technologies Holdings, Inc.	5,047		350,262
Synchronoss Technologies, Inc. (A)	1,177		2,825
Synopsys, Inc. (A)	2,704		809,605
Tenable Holdings, Inc. (A)	2,078		95,879
Teradata Corp. (A)	2,339		134,142
The Trade Desk, Inc., Class A (A)	9,051		636,285
Tyler Technologies, Inc. (A)	782		358,664
UiPath, Inc., Class A (A)(B)	9,678		509,160
Unity Software, Inc. (A)	5,157		651,071
Upland Software, Inc. (A)	553		18,492
Varonis Systems, Inc. (A)	1,938		117,927
Verint Systems, Inc. (A)	1,365		61,138
Veritone, Inc. (A)	355		8,481
Vertex, Inc., Class A (A)	794		15,261
Viant Technology, Inc., Class A (A)	568		6,941
VirnetX Holding Corp. (A)(B)	1,593		6,245
VMware, Inc., Class A (A)(B)	7,629		1,134,432
Vonage Holdings Corp. (A)	5,098		82,180

 

304

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Total Stock Market Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Software (continued)
Workday, Inc., Class A (A)	4,681	$	1,169,735
Workiva, Inc. (A)	982		138,423
Xperi Holding Corp.	2,215		41,731
Yext, Inc. (A)	2,432		29,257
Zendesk, Inc. (A)	2,343		272,702
Zix Corp. (A)	1,285		9,085
Zoom Video Communications, Inc., Class A (A)	5,470		1,430,405
Zscaler, Inc. (A)	2,675		701,439
Zuora, Inc., Class A (A)	2,388		39,593
			88,282,697
Technology hardware, storage and peripherals – 5.2%
3D Systems Corp. (A)	2,572		70,910
Apple, Inc.	299,148		42,329,390
Avid Technology, Inc. (A)	1,003		29,007
Boxlight Corp., Class A (A)	1,426		3,209
Dell Technologies, Inc., Class C (A)	13,953		1,451,670
Diebold Nixdorf, Inc. (A)	1,715		17,339
Eastman Kodak Company (A)	667		4,542
Hewlett Packard Enterprise Company	23,098		329,147
HP, Inc.	23,321		638,063
Immersion Corp. (A)	809		5,534
Intevac, Inc. (A)	745		3,561
NetApp, Inc.	4,345		390,007
Pure Storage, Inc., Class A (A)	5,381		135,386
Western Digital Corp. (A)	5,790		326,788
Xerox Holdings Corp.	3,628		73,177
			45,807,730
			229,428,641
Materials – 2.2%
Chemicals – 1.3%
AdvanSix, Inc. (A)	524		20,829
Air Products & Chemicals, Inc.	3,825		979,621
Albemarle Corp.	2,196		480,858
American Vanguard Corp.	728		10,956
Amyris, Inc. (A)	4,542		62,362
Ashland Global Holdings, Inc.	1,039		92,596
Avient Corp.	1,723		79,861
Axalta Coating Systems, Ltd. (A)	4,602		134,332
Balchem Corp.	681		98,793
Cabot Corp.	1,218		61,046
Celanese Corp.	1,972		297,062
CF Industries Holdings, Inc.	4,338		242,147
Chase Corp.	194		19,817
Corteva, Inc.	14,102		593,412
CVR Nitrogen LP (A)(C)	1,086		195
Diversey Holdings, Ltd. (A)	540		8,662
Dow, Inc.	14,168		815,510
DuPont de Nemours, Inc.	10,003		680,104
Eastman Chemical Company	2,543		256,182
Ecolab, Inc.	5,046		1,052,697
Ecovyst, Inc.	2,904		33,861
Ferro Corp. (A)	1,770		36,002
FMC Corp.	2,313		211,778
FutureFuel Corp.	1,090		7,772
GCP Applied Technologies, Inc. (A)	1,572		34,458
Hawkins, Inc.	532		18,556
HB Fuller Company	1,076		69,467
Huntsman Corp.	4,735		140,109
Ingevity Corp. (A)	884		63,091
Innospec, Inc.	510		42,952
International Flavors & Fragrances, Inc.	4,736		633,298
Intrepid Potash, Inc. (A)	345		10,661
Koppers Holdings, Inc. (A)	482		15,067

Total Stock Market Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Chemicals (continued)
Kraton Corp. (A)	660	$	30,122
Kronos Worldwide, Inc.	2,526		31,348
Livent Corp. (A)	3,162		73,074
Marrone Bio Innovations, Inc. (A)	3,996		3,600
Minerals Technologies, Inc.	673		47,002
Olin Corp.	3,408		164,436
PPG Industries, Inc.	4,296		614,371
Quaker Chemical Corp.	313		74,406
Rayonier Advanced Materials, Inc. (A)	1,194		8,955
RPM International, Inc.	2,245		174,324
Sensient Technologies Corp.	828		75,414
Stepan Company	302		34,108
The Chemours Company	3,379		98,194
The Mosaic Company	7,614		271,972
The Scotts Miracle-Gro Company	1,098		160,703
The Sherwin-Williams Company	4,929		1,378,789
Trecora Resources (A)	757		6,192
Tredegar Corp.	832		10,134
Trinseo SA	852		45,991
Valhi, Inc.	660		15,398
Valvoline, Inc.	3,909		121,883
Westlake Chemical Corp.	2,620		238,787
Westlake Chemical Partners LP	799		19,448
Zymergen, Inc. (A)(B)	1,246		16,410
			11,019,175
Construction materials – 0.1%
Eagle Materials, Inc.	850		111,486
Forterra, Inc. (A)	1,414		33,314
Martin Marietta Materials, Inc.	1,073		366,623
Summit Materials, Inc., Class A (A)	2,396		76,600
United States Lime & Minerals, Inc.	134		16,187
Vulcan Materials Company	2,263		382,809
			987,019
Containers and packaging – 0.3%
AptarGroup, Inc.	755		90,109
Avery Dennison Corp.	1,576		326,563
Ball Corp.	5,789		520,836
Berry Global Group, Inc. (A)	2,634		160,358
Crown Holdings, Inc.	2,263		228,065
Graphic Packaging Holding Company	5,879		111,936
Greif, Inc., Class A	1,049		67,765
International Paper Company	7,403		413,976
Myers Industries, Inc.	844		16,517
O-I Glass, Inc. (A)	3,338		47,633
Packaging Corp. of America	1,636		224,852
Sealed Air Corp.	3,058		167,548
Silgan Holdings, Inc.	1,469		56,351
Sonoco Products Company	1,488		88,655
Westrock Company	4,971		247,705
			2,768,869
Metals and mining – 0.5%
Alcoa Corp. (A)	3,951		193,362
Allegheny Technologies, Inc. (A)	2,687		44,685
Alpha Metallurgical Resources, Inc. (A)	390		19,418
Arconic Corp. (A)	2,276		71,785
Carpenter Technology Corp.	1,071		35,065
Century Aluminum Company (A)	2,194		29,509
Cleveland-Cliffs, Inc. (A)(B)	8,361		165,631
Coeur Mining, Inc. (A)	5,000		30,850
Commercial Metals Company	2,537		77,277
Compass Minerals International, Inc.	766		49,330
Freeport-McMoRan, Inc.	27,799		904,301
Haynes International, Inc.	334		12,442
Hecla Mining Company	10,978		60,379

 

305

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Total Stock Market Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Metals and mining (continued)
Kaiser Aluminum Corp.	367	$	39,988
Materion Corp.	423		29,035
Newmont Corp.	14,846		806,138
Nucor Corp.	5,621		553,612
Olympic Steel, Inc.	344		8,380
Reliance Steel & Aluminum Company	555		79,043
Royal Gold, Inc.	1,268		121,081
Ryerson Holding Corp.	938		20,889
Schnitzer Steel Industries, Inc., Class A	654		28,652
Southern Copper Corp.	15,210		853,889
Steel Dynamics, Inc.	4,101		239,826
SunCoke Energy, Inc.	2,119		13,307
TimkenSteel Corp. (A)	1,209		15,814
U.S. Steel Corp.	3,560		78,213
Warrior Met Coal, Inc.	968		22,525
Worthington Industries, Inc.	793		41,791
			4,646,217
Paper and forest products – 0.0%
Clearwater Paper Corp. (A)	390		14,949
Glatfelter Corp.	999		14,086
Louisiana-Pacific Corp.	2,277		139,739
Neenah, Inc.	345		16,080
Schweitzer-Mauduit International, Inc.	627		21,732
Verso Corp., Class A	768		15,936
			222,522
			19,643,802
Real estate – 3.2%
Equity real estate investment trusts – 3.0%
Acadia Realty Trust	1,860		37,963
Agree Realty Corp.	883		58,481
Alexander & Baldwin, Inc.	1,588		37,223
Alexander's, Inc.	108		28,147
Alexandria Real Estate Equities, Inc.	2,408		460,097
American Assets Trust, Inc.	1,271		47,561
American Campus Communities, Inc.	2,883		139,681
American Finance Trust, Inc.	2,393		19,240
American Homes 4 Rent, Class A	6,327		241,185
American Tower Corp.	8,153		2,163,888
Americold Realty Trust	4,031		117,101
Apartment Income REIT Corp.	3,114		151,994
Apartment Investment and Management Company, Class A	3,114		21,331
Apple Hospitality REIT, Inc.	4,752		74,749
Armada Hoffler Properties, Inc.	1,229		16,432
Ashford Hospitality Trust, Inc. (A)	247		3,636
AvalonBay Communities, Inc.	2,381		527,725
Bluerock Residential Growth REIT, Inc.	731		9,313
Boston Properties, Inc.	3,063		331,876
Braemar Hotels & Resorts, Inc. (A)	978		4,743
Brandywine Realty Trust	3,857		51,761
Brixmor Property Group, Inc.	6,250		138,188
BRT Apartments Corp.	385		7,423
Camden Property Trust	1,681		247,897
CareTrust REIT, Inc.	2,053		41,717
CatchMark Timber Trust, Inc., Class A	1,315		15,609
Centerspace	226		21,357
Chatham Lodging Trust (A)	1,057		12,948
CIM Commercial Trust Corp.	337		3,053
Columbia Property Trust, Inc.	2,547		48,444
Community Healthcare Trust, Inc.	472		21,330
CorePoint Lodging, Inc. (A)	1,422		22,041
CoreSite Realty Corp.	786		108,892
Corporate Office Properties Trust	2,391		64,509
Cousins Properties, Inc.	3,094		115,375

Total Stock Market Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Equity real estate investment trusts (continued)
Crown Castle International Corp.	7,846	$	1,359,869
CubeSmart	3,975		192,589
CyrusOne, Inc.	2,372		183,617
DiamondRock Hospitality Company (A)	4,310		40,730
Digital Realty Trust, Inc.	4,963		716,905
DigitalBridge Group, Inc. (A)	10,479		63,188
Diversified Healthcare Trust	5,157		17,482
Douglas Emmett, Inc.	3,681		116,356
Duke Realty Corp.	6,680		319,772
Easterly Government Properties, Inc.	1,561		32,250
EastGroup Properties, Inc.	743		123,806
Empire State Realty Trust, Inc., Class A	3,892		39,037
EPR Properties	1,636		80,786
Equinix, Inc.	1,615		1,276,060
Equity LifeStyle Properties, Inc.	2,967		231,723
Equity Residential	6,930		560,776
Essential Properties Realty Trust, Inc.	1,463		40,847
Essex Property Trust, Inc.	1,085		346,918
Extra Space Storage, Inc.	2,406		404,184
Farmland Partners, Inc.	930		11,151
Federal Realty Investment Trust	1,572		185,480
First Industrial Realty Trust, Inc.	2,535		132,023
Four Corners Property Trust, Inc.	1,453		39,028
Franklin Street Properties Corp.	2,261		10,491
Gaming and Leisure Properties, Inc.	4,534		210,015
Getty Realty Corp.	966		28,313
Gladstone Commercial Corp.	793		16,677
Gladstone Land Corp.	706		16,076
Global Medical REIT, Inc.	854		12,554
Global Net Lease, Inc.	1,979		31,704
Healthcare Realty Trust, Inc.	2,832		84,337
Healthcare Trust of America, Inc., Class A	4,366		129,496
Healthpeak Properties, Inc.	10,353		346,618
Hersha Hospitality Trust (A)	1,005		9,377
Highwoods Properties, Inc.	2,184		95,790
Host Hotels & Resorts, Inc. (A)	14,870		242,827
Hudson Pacific Properties, Inc.	3,264		85,745
Independence Realty Trust, Inc.	2,095		42,633
Indus Realty Trust, Inc.	186		13,039
Industrial Logistics Properties Trust	1,490		37,861
Innovative Industrial Properties, Inc.	316		73,050
Invitation Homes, Inc.	10,409		398,977
Iron Mountain, Inc.	6,007		261,004
iStar, Inc.	1,236		30,999
JBG SMITH Properties	2,856		84,566
Kilroy Realty Corp.	2,218		146,854
Kimco Realty Corp.	12,663		262,757
Kite Realty Group Trust	1,853		37,727
Lamar Advertising Company, Class A	2,080		235,976
Lexington Realty Trust	5,323		67,868
Life Storage, Inc.	1,345		154,325
LTC Properties, Inc.	837		26,525
Mack-Cali Realty Corp. (A)	1,996		34,172
Medical Properties Trust, Inc.	10,170		204,112
MGM Growth Properties LLC, Class A	2,079		79,626
Mid-America Apartment Communities, Inc.	1,956		365,283
Monmouth Real Estate Investment Corp.	2,045		38,139
National Health Investors, Inc.	880		47,080
National Retail Properties, Inc.	3,402		146,932
National Storage Affiliates Trust	1,224		64,615
New York REIT Liquidating LLC (A)(C)	457		7,419
NexPoint Residential Trust, Inc.	583		36,076
Office Properties Income Trust	1,104		27,964

 

306

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Total Stock Market Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Equity real estate investment trusts (continued)
Omega Healthcare Investors, Inc.	4,564	$	136,737
One Liberty Properties, Inc.	547		16,678
Outfront Media, Inc.	3,037		76,532
Paramount Group, Inc.	4,911		44,150
Park Hotels & Resorts, Inc. (A)	5,041		96,485
Pebblebrook Hotel Trust	2,802		62,793
Pennsylvania Real Estate Investment Trust (A)	968		1,878
Physicians Realty Trust	3,981		70,145
Piedmont Office Realty Trust, Inc., Class A	2,477		43,174
Plymouth Industrial REIT, Inc.	429		9,760
PotlatchDeltic Corp.	1,473		75,977
Preferred Apartment Communities, Inc.	904		11,056
Prologis, Inc.	13,428		1,684,274
PS Business Parks, Inc.	476		74,608
Public Storage	2,714		806,329
Rayonier, Inc.	2,839		101,296
Realty Income Corp.	6,750		437,805
Regency Centers Corp.	3,503		235,857
Retail Opportunity Investments Corp.	2,507		43,672
Retail Properties of America, Inc., Class A	4,627		59,596
Retail Value, Inc.	522		13,744
Rexford Industrial Realty, Inc.	2,347		133,192
RLJ Lodging Trust	3,635		54,016
RPT Realty	1,545		19,714
Ryman Hospitality Properties, Inc. (A)	1,080		90,396
Sabra Health Care REIT, Inc.	4,102		60,381
Safehold, Inc.	890		63,982
Saul Centers, Inc.	494		21,766
SBA Communications Corp.	1,955		646,264
Seritage Growth Properties, Class A (A)	866		12,843
Service Properties Trust	3,498		39,213
Simon Property Group, Inc.	6,099		792,687
SITE Centers Corp.	4,050		62,532
SL Green Realty Corp.	1,677		118,799
Spirit Realty Capital, Inc.	2,024		93,185
STAG Industrial, Inc.	2,912		114,296
STORE Capital Corp.	4,908		157,203
Summit Hotel Properties, Inc. (A)	2,173		20,926
Sun Communities, Inc.	1,906		352,801
Sunstone Hotel Investors, Inc. (A)	4,797		57,276
Tanger Factory Outlet Centers, Inc.	2,021		32,942
Terreno Realty Corp.	1,416		89,534
The GEO Group, Inc.	2,079		15,530
The Macerich Company	3,169		52,954
UDR, Inc.	5,943		314,860
UMH Properties, Inc.	958		21,938
Uniti Group, Inc.	4,136		51,162
Universal Health Realty Income Trust	293		16,194
Urban Edge Properties	2,581		47,258
Urstadt Biddle Properties, Inc., Class A	889		16,829
Ventas, Inc.	7,412		409,217
VEREIT, Inc.	4,377		197,972
VICI Properties, Inc.	9,506		270,065
Vornado Realty Trust	3,861		162,201
Washington Real Estate Investment Trust	1,739		43,040
Welltower, Inc.	7,667		631,761
Weyerhaeuser Company	14,797		526,329
Whitestone REIT	991		9,692
WP Carey, Inc.	3,402		248,482

Total Stock Market Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Equity real estate investment trusts (continued)
Xenia Hotels & Resorts, Inc. (A)	2,429	$	43,090
			26,388,154
Real estate management and development – 0.2%
CBRE Group, Inc., Class A (A)	6,381		621,254
Compass, Inc., Class A (A)(B)	5,320		70,543
Doma Holdings, Inc. (A)	34,743		257,098
eXp World Holdings, Inc.	2,944		117,083
Five Point Holdings LLC, Class A (A)	2,953		23,122
Forestar Group, Inc. (A)	1,120		20,866
FRP Holdings, Inc. (A)	258		14,427
Jones Lang LaSalle, Inc. (A)	1,017		252,308
Kennedy-Wilson Holdings, Inc.	3,061		64,036
Landmark Infrastructure Partners LP	598		9,777
Marcus & Millichap, Inc. (A)	815		33,105
Maui Land & Pineapple Company, Inc. (A)	514		5,325
Newmark Group, Inc., Class A	3,854		55,151
Rafael Holdings, Inc., Class B (A)	347		10,663
RE/MAX Holdings, Inc., Class A	431		13,430
Redfin Corp. (A)	1,978		99,098
Tejon Ranch Company (A)	613		10,887
The Howard Hughes Corp. (A)	903		79,292
The RMR Group, Inc., Class A	686		22,947
The St. Joe Company	1,315		55,362
			1,835,774
			28,223,928
Utilities – 2.1%
Electric utilities – 1.2%
ALLETE, Inc.	1,037		61,722
American Electric Power Company, Inc.	8,441		685,240
Avangrid, Inc.	5,002		243,097
Duke Energy Corp.	13,401		1,307,804
Edison International	7,481		414,971
Entergy Corp.	3,637		361,190
Evergy, Inc.	4,731		294,268
Eversource Energy	6,068		496,120
Exelon Corp.	17,312		836,862
FirstEnergy Corp.	10,435		371,695
Genie Energy, Ltd., B Shares	706		4,610
Hawaiian Electric Industries, Inc.	2,097		85,621
IDACORP, Inc.	972		100,485
MGE Energy, Inc.	751		55,199
NextEra Energy, Inc.	28,943		2,272,604
NRG Energy, Inc.	4,878		199,169
OGE Energy Corp.	4,136		136,323
Otter Tail Corp.	842		47,127
PG&E Corp. (A)	33,695		323,472
Pinnacle West Capital Corp.	1,796		129,959
PNM Resources, Inc.	1,686		83,423
Portland General Electric Company	1,846		86,744
PPL Corp.	13,860		386,417
The Southern Company	19,482		1,207,300
Via Renewables, Inc.	849		8,651
Xcel Energy, Inc.	9,706		606,625
			10,806,698
Gas utilities – 0.1%
Atmos Energy Corp.	2,179		192,188
Chesapeake Utilities Corp.	361		43,338
National Fuel Gas Company	1,834		96,322
New Jersey Resources Corp.	1,989		69,237
Northwest Natural Holding Company	666		30,629
ONE Gas, Inc.	1,023		64,828
RGC Resources, Inc.	260		5,889
South Jersey Industries, Inc.	1,973		41,946

 

307

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Total Stock Market Index Trust (continued)

	Shares or Principal Amount	Value
COMMON STOCKS (continued)
Gas utilities (continued)
Southwest Gas Holdings, Inc.	848	$	56,714
Spire, Inc.	975		59,651
Star Group LP	997		10,159
Suburban Propane Partners LP	1,423		21,843
UGI Corp.	4,392		187,187
			879,931
Independent power and renewable electricity producers – 0.1%
Brookfield Renewable Corp., Class A	435		16,882
NextEra Energy Partners LP	1,301		98,043
Ormat Technologies, Inc.	1,076		71,672
Sunnova Energy International, Inc. (A)	1,517		49,970
The AES Corp.	13,767		314,301
Vistra Corp.	10,218		174,728
			725,596
Multi-utilities – 0.6%
Ameren Corp.	4,077		330,237
Avista Corp.	1,415		55,355
Black Hills Corp.	1,306		81,965
CenterPoint Energy, Inc.	10,525		258,915
CMS Energy Corp.	5,182		309,521
Consolidated Edison, Inc.	5,299		384,654
Dominion Energy, Inc.	15,133		1,105,012
DTE Energy Company	3,402		380,037
MDU Resources Group, Inc.	3,916		116,188
NiSource, Inc.	7,730		187,298
NorthWestern Corp.	981		56,211
Public Service Enterprise Group, Inc.	9,192		559,793
Sempra Energy	5,251		664,252
Unitil Corp.	366		15,657
WEC Energy Group, Inc.	5,493		484,483
			4,989,578
Water utilities – 0.1%
American States Water Company	757		64,739
American Water Works Company, Inc.	3,415		577,272
Artesian Resources Corp., Class A	287		10,955
Cadiz, Inc. (A)	752		5,294
California Water Service Group	1,049		61,818
Essential Utilities, Inc.	3,802		175,196
Global Water Resources, Inc.	678		12,692
Middlesex Water Company	325		33,404
Pure Cycle Corp. (A)	700		9,317
SJW Group	625		41,288
The York Water Company	347		15,157
			1,007,132
			18,408,935
TOTAL COMMON STOCKS (Cost $352,868,715)		$	872,579,310
PREFERRED SECURITIES – 0.0%
Consumer discretionary – 0.0%
Internet and direct marketing retail – 0.0%
Qurate Retail, Inc., 8.000%	260		28,119
Industrials – 0.0%
Industrial conglomerates – 0.0%
Steel Partners Holdings LP, 6.000%	510		11,970
Information technology – 0.0%
Semiconductors and semiconductor equipment – 0.0%
Meta Materials, Inc. (A)(C)	2,456		2,652
TOTAL PREFERRED SECURITIES (Cost $84,689)		$	42,741

Total Stock Market Index Trust (continued)

		Shares or Principal Amount	Value
RIGHTS – 0.0%
Pan American Silver Corp. (Expiration Date: 2-22-29) (A)(D)		7,232	$	5,207
TOTAL RIGHTS (Cost $6,508)			$	5,207
WARRANTS – 0.0%
Amplify Energy Corp. (Expiration Date: 5-4-22; Strike Price: $42.60) (A)		57		2
Basic Energy Services, Inc. (Expiration Date: 12-23-23; Strike Price: $55.25) (A)(C)		55		1
Battalion Oil Corp. (Expiration Date: 10-8-22; Strike Price: $40.17) (A)(C)		46		1
Denbury, Inc. (Expiration Date: 9-18-23; Strike Price: $35.41) (A)		23		858
Eagle Bulk Shipping, Inc. (Expiration Date: 10-15-21; Strike Price: $556.40) (A)		101		4
Education Management Corp. (Expiration Date: 1-5-22) (A)(D)		4,333		1
FTS International, Inc. (Expiration Date: 11-19-23; Strike Price: $33.04) (A)		24		146
FTS International, Inc. (Expiration Date: 11-19-23; Strike Price: $37.14) (A)		62		326
Hycroft Mining Holding Corp. (Expiration Date: 10-22-22) (A)(D)		196		67
Nabors Industries, Ltd. (Expiration Date: 6-11-26; Strike Price: $166.67) (A)		77		450
Oasis Petroleum, Inc. (Expiration Date: 11-19-24; Strike Price: $94.57) (A)		31		605
Tidewater, Inc., Class A (Expiration Date: 7-31-23; Strike Price: $57.06) (A)		66		63
Tidewater, Inc., Class B (Expiration Date: 7-31-23; Strike Price: $62.28) (A)		71		49
TOTAL WARRANTS (Cost $120,251)			$	2,573
SHORT-TERM INVESTMENTS – 2.9%
U.S. Government – 1.3%
U.S. Treasury Bill 0.050%, 10/28/2021 *	$	12,000,000		11,999,404
Short-term funds – 1.2%
John Hancock Collateral Trust, 0.0303% (E)(F)		1,025,376		10,260,120
Repurchase agreement – 0.4%
Repurchase Agreement with State Street Corp. dated 9-30-21 at 0.000% to be repurchased at $3,713,000 on 10-1-21, collateralized by $3,786,700 U.S. Treasury Notes, 0.125% due 12-31-22 (valued at $3,787,293)	$	3,713,000		3,713,000
TOTAL SHORT-TERM INVESTMENTS (Cost $25,973,018)			$	25,972,524
Total Investments (Total Stock Market Index Trust) (Cost $379,053,181) – 101.4%			$	898,602,355
Other assets and liabilities, net – (1.4%)				(12,535,436)
TOTAL NET ASSETS – 100.0%			$	886,066,919

Security Abbreviations and Legend
(A)	Non-income producing security.

 

308

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Total Stock Market Index Trust (continued)

(B)	All or a portion of this security is on loan as of 9-30-21. The value of securities on loan amounted to $10,408,481. In addition to the cash collateral invested in John Hancock Collateral Trust, non-cash collateral of $141,074 in the form of U.S. Treasuries was pledged to the fund.
(C)	Security is valued using significant unobservable inputs and is classified as Level 3 in the fair value hierarchy.

Total Stock Market Index Trust (continued)

(D)	Strike price and/or expiration date not available.
(E)	The rate shown is the annualized seven-day yield as of 9-30-21.
(F)	Investment is an affiliate of the fund, the advisor and/or subadvisor. This security represents the investment of cash collateral received for securities lending.
*	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.

 

DERIVATIVES

FUTURES

Open contracts	Number of contracts	Position	Expiration date	Notional basis^	Notional value^	Unrealized appreciation (depreciation)
Russell 2000 E-Mini Index Futures	26	Long	Dec 2021	$2,916,921	$2,861,040	$(55,881)
S&P 500 Index E-Mini Futures	68	Long	Dec 2021	15,225,983	14,612,351	(613,632)
						$(669,513)

^ Notional basis refers to the contractual amount agreed upon at inception of open contracts; notional value represents the current value of the open contract.

Ultra Short Term Bond Trust

		Shares or Principal Amount	Value
U.S. GOVERNMENT AND AGENCY OBLIGATIONS – 1.0%
U.S. Government Agency – 1.0%
Federal Home Loan Mortgage Corp.
1.697%, (12 month LIBOR + 1.447%), 06/01/2036 (A)	$	29,480	$	30,876
1.765%, (6 month LIBOR + 1.515%), 12/01/2035 (A)		35,962		36,845
1.815%, (6 month LIBOR + 1.565%), 12/01/2036 (A)		22,245		22,853
1.886%, (12 month LIBOR + 1.625%), 02/01/2036 (A)		54,656		57,401
1.921%, (12 month LIBOR + 1.642%), 09/01/2043 (A)		316,306		329,738
1.930%, (12 month LIBOR + 1.613%), 05/01/2037 (A)		70,801		74,571
2.171%, (1 Year CMT + 2.089%), 12/01/2035 (A)		108,347		113,070
2.290%, (1 Year CMT + 2.165%), 11/01/2036 (A)		85,380		89,943
2.295%, (1 Year CMT + 2.295%), 08/01/2035 (A)		71,185		75,109
2.356%, (1 Year CMT + 2.231%), 05/01/2034 (A)		104,490		109,428
Federal National Mortgage Association
1.648%, (6 month LIBOR + 1.490%), 10/01/2035 (A)		149,939		153,532
1.667%, (12 month LIBOR + 1.295%), 10/01/2038 (A)		47,649		49,552
1.685%, (6 month LIBOR + 1.520%), 02/01/2035 (A)		77,453		80,759
1.803%, (12 month LIBOR + 1.445%), 04/01/2035 (A)		305,591		314,977
1.843%, (12 month LIBOR + 1.557%), 07/01/2035 (A)		173,907		179,680
2.277%, (1 Year CMT + 2.170%), 01/01/2036 (A)		45,032		47,080
2.285%, (1 Year CMT + 2.175%), 01/01/2036 (A)		112,690		117,795
2.319%, (1 Year CMT + 2.197%), 05/01/2036 (A)		194,748		203,887
2.321%, (1 Year CMT + 2.195%), 02/01/2035 (A)		124,678		131,789

Ultra Short Term Bond Trust (continued)

		Shares or Principal Amount	Value
U.S. GOVERNMENT AND AGENCY OBLIGATIONS (continued)
U.S. Government Agency (continued)
Federal National Mortgage Association (continued)
2.354%, (1 Year CMT + 2.274%), 07/01/2035 (A)	$	105,003	$	110,446
2.458%, (1 Year CMT + 2.333%), 05/01/2034 (A)		46,905		49,253
Government National Mortgage Association 2.250%, (1 Year CMT + 1.500%), 08/20/2032 to 08/20/2035 (A)		229,138		237,114
				2,615,698
TOTAL U.S. GOVERNMENT AND AGENCY OBLIGATIONS (Cost $2,625,317)			$	2,615,698
CORPORATE BONDS – 54.6%
Communication services – 2.0%
AT&T, Inc. 3.000%, 06/30/2022		3,200,000		3,248,120
Charter Communications Operating LLC 4.464%, 07/23/2022		2,000,000		2,050,815
				5,298,935
Consumer discretionary – 5.3%
American Honda Finance Corp. 3.375%, 12/10/2021		2,000,000		2,010,887
Daimler Finance North America LLC 2.850%, 01/06/2022 (B)		2,000,000		2,013,294
eBay, Inc. 2.750%, 01/30/2023		3,000,000		3,086,785
Nissan Motor Acceptance Company LLC 3.875%, 09/21/2023 (B)		1,500,000		1,582,467
Toyota Motor Credit Corp. 1.150%, 05/26/2022		2,000,000		2,012,452
Volkswagen Group of America Finance LLC 3.125%, 05/12/2023 (B)		3,000,000		3,116,805
				13,822,690
Consumer staples – 1.1%
The Kroger Company 2.800%, 08/01/2022		2,791,000		2,842,571

 

309

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Ultra Short Term Bond Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Energy – 2.5%
Energy Transfer LP 4.500%, 11/01/2023	$	3,000,000	$	3,192,139
The Williams Companies, Inc. 4.500%, 11/15/2023		3,000,000		3,213,744
				6,405,883
Financials – 29.2%
Alexander Funding Trust 1.841%, 11/15/2023 (B)		3,000,000		3,057,679
Athene Global Funding 0.950%, 01/08/2024 (B)(C)		3,000,000		3,014,491
Bank of America Corp.
2.503%, 10/21/2022		1,500,000		1,501,606
4.000%, 04/01/2024		2,000,000		2,165,099
Bank of Montreal 2.900%, 03/26/2022		2,000,000		2,026,398
BNP Paribas SA 2.950%, 05/23/2022 (B)		2,000,000		2,034,136
Brighthouse Financial Global Funding (SOFR + 0.760%) 0.810%, 04/12/2024 (A)(B)		2,000,000		2,014,070
Capital One Financial Corp. 3.750%, 04/24/2024		3,176,000		3,407,127
Citigroup, Inc. (2.876% to 7-24-22, then 3 month LIBOR + 0.950%) 07/24/2023		3,000,000		3,058,848
Credit Suisse Group Funding Guernsey, Ltd. 3.800%, 09/15/2022		3,000,000		3,098,124
Five Corners Funding Trust 4.419%, 11/15/2023 (B)		3,000,000		3,239,504
ING Groep NV 3.150%, 03/29/2022		2,000,000		2,028,531
JPMorgan Chase & Co. (1.514% to 6-1-23, then SOFR + 1.455%) 06/01/2024		5,000,000		5,083,250
KeyBank NA 3.300%, 02/01/2022		2,000,000		2,020,226
Lloyds Banking Group PLC 3.000%, 01/11/2022		2,000,000		2,014,814
Metropolitan Life Global Funding I 3.375%, 01/11/2022 (B)		3,000,000		3,026,147
Morgan Stanley (3.737% to 4-24-23, then 3 month LIBOR + 0.847%) 04/24/2024		3,000,000		3,147,810
NatWest Markets PLC 3.625%, 09/29/2022 (B)		5,000,000		5,164,943
Santander Holdings USA, Inc. 3.244%, 10/05/2026		3,000,000		3,204,666
The Bank of New York Mellon Corp. 3.450%, 08/11/2023		3,000,000		3,172,851
The Bank of Nova Scotia 1.950%, 02/01/2023		3,000,000		3,063,924
The Goldman Sachs Group, Inc. 5.750%, 01/24/2022		2,000,000		2,033,835
The PNC Financial Services Group, Inc. 3.300%, 03/08/2022		2,000,000		2,021,547
Truist Bank 2.625%, 01/15/2022		3,000,000		3,014,657
U.S. Bancorp 3.000%, 03/15/2022		2,000,000		2,020,652
UBS Group AG (1.008% to 7-30-23, then 1 Year CMT + 0.830%) 07/30/2024 (B)		3,000,000		3,019,423

Ultra Short Term Bond Trust (continued)

		Shares or Principal Amount	Value
CORPORATE BONDS (continued)
Financials (continued)
Wells Fargo & Company 3.750%, 01/24/2024	$	3,000,000	$	3,207,228
				75,861,586
Health care – 3.1%
Abbott Laboratories 2.550%, 03/15/2022		3,000,000		3,031,320
Bayer US Finance LLC 3.000%, 10/08/2021 (B)		2,000,000		2,000,571
Cigna Corp. 0.613%, 03/15/2024		3,000,000		2,993,432
				8,025,323
Industrials – 2.6%
AerCap Ireland Capital DAC 3.150%, 02/15/2024		2,000,000		2,085,506
CNH Industrial Capital LLC 4.375%, 04/05/2022		2,500,000		2,547,793
IHS Markit, Ltd. 5.000%, 11/01/2022 (B)		2,000,000		2,072,200
				6,705,499
Information technology – 4.3%
Hewlett Packard Enterprise Company 4.400%, 10/15/2022		2,000,000		2,067,759
IBM Corp. 2.850%, 05/13/2022		2,835,000		2,881,268
NXP BV 4.875%, 03/01/2024 (B)		3,000,000		3,272,172
Oracle Corp. 2.625%, 02/15/2023		3,000,000		3,089,434
				11,310,633
Materials – 2.3%
Georgia-Pacific LLC 0.625%, 05/15/2024 (B)		3,000,000		2,996,335
Graphic Packaging International LLC 0.821%, 04/15/2024 (B)		3,000,000		2,983,591
				5,979,926
Utilities – 2.2%
Eversource Energy 2.800%, 05/01/2023		2,000,000		2,062,034
FirstEnergy Corp. 4.750%, 03/15/2023		1,675,000		1,742,218
Southern California Edison Company 2.400%, 02/01/2022		2,000,000		2,006,808
				5,811,060
TOTAL CORPORATE BONDS (Cost $141,096,269)			$	142,064,106
MUNICIPAL BONDS – 0.8%
Port Authority of New York & New Jersey 1.086%, 07/01/2023		2,000,000		2,025,726
TOTAL MUNICIPAL BONDS (Cost $2,000,000)			$	2,025,726
COLLATERALIZED MORTGAGE OBLIGATIONS – 0.9%
Commercial and residential – 0.6%
COLT Mortgage Loan Trust Series 2020-3, Class A1 1.506%, 04/27/2065 (B)(D)		478,104		479,132
Vista Point Securitization Trust Series 2020-1, Class A1 1.763%, 03/25/2065 (B)(D)		1,058,040		1,062,385
				1,541,517

 

310

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Ultra Short Term Bond Trust (continued)

		Shares or Principal Amount	Value
COLLATERALIZED MORTGAGE OBLIGATIONS (continued)
U.S. Government Agency – 0.3%
Federal National Mortgage Association Series 2013-10, Class FT (1 month LIBOR + 0.350%) 0.436%, 04/25/2042 (A)	$	654,167	$	656,026
TOTAL COLLATERALIZED MORTGAGE OBLIGATIONS (Cost $2,191,720)			$	2,197,543
ASSET BACKED SECURITIES – 15.9%
Ally Auto Receivables Trust
Series 2019-3, Class A3 1.930%, 05/15/2024		520,962		525,317
Series 2019-4, Class A3 1.840%, 06/17/2024		2,099,772		2,115,212
American Tower Trust Series 2013, Class 2A 3.070%, 03/15/2048 (B)		2,500,000		2,502,492
AmeriCredit Automobile Receivables Trust Series 2020-1, Class C 1.590%, 10/20/2025		3,000,000		3,050,727
Avis Budget Rental Car Funding AESOP LLC Series 2019-3A, Class A 2.360%, 03/20/2026 (B)		3,000,000		3,120,379
BA Credit Card Trust Series 2021-A1, Class A1 0.440%, 09/15/2026		3,753,000		3,744,054
CarMax Auto Owner Trust
Series 2017-4, Class A4 2.330%, 05/15/2023		637,886		639,986
Series 2018-1, Class A4 2.640%, 06/15/2023		436,598		439,172
Series 2018-4, Class A3 3.360%, 09/15/2023		374,618		378,677
Series 2019-1, Class A3 3.050%, 03/15/2024		909,786		920,833
CCG Receivables Trust Series 2019-1, Class B 3.220%, 09/14/2026 (B)		1,140,000		1,169,168
Enterprise Fleet Financing LLC Series 2018-3, Class A2 3.380%, 05/20/2024 (B)		20,487		20,569
Flagship Credit Auto Trust
Series 2018-2, Class D 4.230%, 09/16/2024 (B)		1,140,000		1,187,334
Series 2019-2, Class A 2.830%, 10/16/2023 (B)		410,125		411,299
Series 2021-1, Class A 0.310%, 06/16/2025 (B)		1,237,571		1,237,281
Ford Credit Auto Lease Trust Series 2020-A, Class A3 1.850%, 03/15/2023		654,145		656,339
Ford Credit Floorplan Master Owner Trust A Series 2019-3, Class A1 2.230%, 09/15/2024		1,566,000		1,595,082
GM Financial Consumer Automobile Receivables Trust Series 2018-1, Class A4 2.460%, 07/17/2023		627,178		628,680
Honda Auto Receivables Owner Trust
Series 2018-3, Class A3 2.950%, 08/22/2022		100,055		100,280
Series 2020-2, Class A2 0.740%, 11/15/2022		52,153		52,178

Ultra Short Term Bond Trust (continued)

		Shares or Principal Amount	Value
ASSET BACKED SECURITIES (continued)
HPEFS Equipment Trust
Series 2019-1A, Class A3 2.210%, 09/20/2029 (B)	$	179,743	$	179,950
Series 2020-2A, Class A2 0.650%, 07/22/2030 (B)		762,238		762,817
Mercedes-Benz Auto Receivables Trust Series 2021-1, Class A2 0.210%, 07/15/2024		2,000,000		1,999,593
Nissan Auto Lease Trust Series 2019-B, Class A4 2.290%, 04/15/2025		462,000		463,006
Nissan Auto Receivables Owner Trust
Series 2018-A, Class A4 2.890%, 06/17/2024		2,323,528		2,340,840
Series 2018-B, Class A3 3.060%, 03/15/2023		309,834		311,352
Series 2019-A, Class A3 2.900%, 10/16/2023		1,254,762		1,266,963
Series 2019-B, Class A3 2.500%, 11/15/2023		1,640,592		1,656,513
Santander Consumer Auto Receivables Trust Series 2020-AA, Class A 1.370%, 10/15/2024 (B)		471,078		473,314
Santander Drive Auto Receivables Trust
Series 2021-3, Class A2 0.290%, 05/15/2024		2,000,000		2,000,442
Series 2021-3, Class A3 0.330%, 03/17/2025		242,000		242,217
SMB Private Education Loan Trust Series 2015-A, Class A2A 2.490%, 06/15/2027 (B)		204,935		205,838
Toyota Auto Receivables Owner Trust
Series 2018-B, Class A3 2.960%, 09/15/2022		63,573		63,651
Series 2020-B, Class A2 1.380%, 12/15/2022		75,478		75,545
Verizon Owner Trust
Series 2018-A, Class A1A 3.230%, 04/20/2023		206,222		206,994
Series 2020-B, Class A 0.470%, 02/20/2025		3,000,000		3,007,362
Westlake Automobile Receivables Trust Series 2019-2A, Class C 2.840%, 07/15/2024 (B)		1,000,000		1,008,362
World Omni Auto Receivables Trust
Series 2017-B, Class A3 1.950%, 02/15/2023		154,484		154,699
Series 2018-C, Class A3 3.130%, 11/15/2023		228,295		230,094
Series 2018-D, Class A3 3.330%, 04/15/2024		249,909		252,518
Series 2020-A, Class A2A 1.020%, 06/15/2023		28,024		28,040
TOTAL ASSET BACKED SECURITIES (Cost $41,669,410)			$	41,425,169
SHORT-TERM INVESTMENTS – 26.0%
Commercial paper – 0.4%
Honeywell International, Inc. 0.060%, 10/15/2021 *		1,000,000		999,971
U.S. Government – 23.5%
U.S. Treasury Bill
0.046%, 11/12/2021 *		11,000,000		10,999,358
0.047%, 10/28/2021 *		16,200,000		16,199,195
0.050%, 10/14/2021 *		16,000,000		15,999,841

 

311

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Ultra Short Term Bond Trust (continued)

		Shares or Principal Amount	Value
SHORT-TERM INVESTMENTS (continued)
U.S. Government (continued)
U.S. Treasury Bill (continued)
0.053%, 10/19/2021 *	$	18,000,000	$	17,999,359
				61,197,753
Short-term funds – 2.1%
John Hancock Collateral Trust, 0.0303% (E)(F)		10,257		102,629
State Street Institutional U.S. Government Money Market Fund, Premier Class, 0.0250% (E)		5,396,514		5,396,514
				5,499,143
TOTAL SHORT-TERM INVESTMENTS (Cost $67,697,214)			$	67,696,867
Total Investments (Ultra Short Term Bond Trust) (Cost $257,279,930) – 99.2%			$	258,025,109
Other assets and liabilities, net – 0.8%				2,035,494
TOTAL NET ASSETS – 100.0%			$	260,060,603

Security Abbreviations and Legend
CMT	Constant Maturity Treasury
LIBOR	London Interbank Offered Rate
SOFR	Secured Overnight Financing Rate
(A)	Variable rate obligation. The coupon rate shown represents the rate at period end.
(B)	These 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. Rule 144A securities amounted to $58,428,148 or 22.5% of the fund's net assets as of 9-30-21.
(C)	All or a portion of this security is on loan as of 9-30-21. The value of securities on loan amounted to $100,607.
(D)	Variable or floating rate security, the interest rate of which adjusts periodically based on a weighted average of interest rates and prepayments on the underlying pool of assets. The interest rate shown is the current rate as of period end.
(E)	The rate shown is the annualized seven-day yield as of 9-30-21.
(F)	Investment is an affiliate of the fund, the advisor and/or subadvisor. This security represents the investment of cash collateral received for securities lending.
*	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.

312

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

Subadvisors of Affiliated Underlying Funds
Dimensional Fund Advisors, LP	(DFA)
Manulife Investment Management (US) LLC	(MIM US)
Redwood Investments, LLC	(Redwood)
T. Rowe Price Associates, Inc.	(T. Rowe Price)
Wellington Management Company, LLP	(Wellington)
Wells Capital Management, Incorporated	(Wells Capital)

The following portfolios had the following country composition as a percentage of net assets, unless otherwise indicated, on 9-30-21:

Capital Appreciation Trust

United States	84.3%
Canada	5.5%
France	3.0%
Netherlands	2.1%
Australia	1.5%
Taiwan	1.4%
Argentina	1.3%
Other countries	0.9%
TOTAL	100.0%

Equity Income Trust

United States	89.7%
France	3.1%
Switzerland	2.2%
Germany	1.7%
Ireland	1.5%
Other countries	1.8%
TOTAL	100.0%

Financial Industries Trust

United States	88.5%
Canada	4.5%
Finland	1.5%
Switzerland	1.4%
France	1.0%
Other countries	3.1%
TOTAL	100.0%

Health Sciences Trust

United States	87.7%
Germany	2.9%
United Kingdom	2.3%
Switzerland	1.9%
Netherlands	1.5%
Denmark	1.2%
China	1.1%
Other countries	1.4%
TOTAL	100.0%

High Yield Trust

United States	82.3%
Cayman Islands	6.0%
Canada	3.6%
Luxembourg	1.4%
United Kingdom	1.1%
Other countries	5.6%
TOTAL	100.0%

Investment Quality Bond Trust (as a percentage of total investments)

United States	88.4%
Cayman Islands	3.1%
Other countries	8.5%
TOTAL	100.0%

Mid Value Trust

United States	80.9%
Canada	7.6%
United Kingdom	2.3%
Ireland	1.5%
Belgium	1.3%
Germany	1.0%
Other countries	5.4%
TOTAL	100.0%

Science & Technology Trust

United States	75.2%
China	8.4%
Germany	5.2%
South Korea	3.2%
Netherlands	1.4%
Russia	1.3%
United Kingdom	1.2%
Taiwan	1.0%
Other countries	3.1%
TOTAL	100.0%

Small Cap Value Trust

United States	89.4%
United Kingdom	4.5%
Bermuda	2.5%
Luxembourg	1.3%
India	1.1%
Other countries	1.2%
TOTAL	100.0%

Strategic Equity Allocation Trust

United States	67.3%
Japan	7.5%
United Kingdom	4.3%
France	3.4%
Switzerland	3.3%
Germany	2.8%
Australia	2.2%
Netherlands	2.0%
Ireland	1.1%
Sweden	1.1%
Other countries	5.0%
TOTAL	100.0%

Strategic Income Opportunities Trust

United States	56.6%
Canada	6.6%
Indonesia	3.7%
Luxembourg	3.4%
United Kingdom	2.3%
Australia	2.1%
Mexico	1.8%
Brazil	1.7%
Supranational	1.7%
France	1.7%
Other countries	18.4%
TOTAL	100.0%

Ultra Short Term Bond Trust

United States	88.5%
United Kingdom	3.6%
Netherlands	2.0%
Canada	1.9%
Guernsey, Channel Islands	1.2%
Switzerland	1.2%
Other countries	1.6%
TOTAL	100.0%

 

313

John Hancock Variable Insurance Trust

Portfolio of Investments — September 30, 2021 (unaudited) (showing percentage of total net assets)

The following portfolios had the following sector composition as a percentage of net assets on 9-30-21:

Disciplined Value International Trust

Financials	21.6%
Industrials	20.0%
Consumer discretionary	10.5%
Health care	9.2%
Materials	9.1%
Energy	8.0%
Communication services	6.0%
Consumer staples	5.6%
Information technology	4.5%
Utilities	2.4%
Real estate	0.7%
Short-term investments and other	2.4%
TOTAL	100.0%

Emerging Markets Value Trust

Financials	26.6%
Materials	14.7%
Information technology	12.6%
Energy	10.1%
Consumer discretionary	9.1%
Industrials	8.7%
Real estate	5.7%
Communication services	3.4%
Consumer staples	3.2%
Health care	2.6%
Utilities	1.9%
Short-term investments and other	1.4%
TOTAL	100.0%

Global Equity Trust

Communication services	14.8%
Financials	14.6%
Industrials	14.5%
Health care	12.7%
Consumer staples	11.9%
Information technology	11.6%
Consumer discretionary	8.8%
Materials	7.6%
Energy	2.0%
Real estate	0.9%
Short-term investments and other	0.6%
TOTAL	100.0%

International Equity Index Trust

Financials	18.2%
Information technology	13.0%
Consumer discretionary	12.3%
Industrials	11.9%
Health care	9.2%
Consumer staples	8.3%
Materials	7.7%
Communication services	6.1%
Energy	5.0%
Utilities	3.0%
Real estate	2.5%
Short-term investments and other	2.8%
TOTAL	100.0%

International Small Company Trust

Industrials	23.8%
Consumer discretionary	13.0%
Financials	12.6%
Materials	10.9%
Information technology	10.3%
Health care	5.8%
Consumer staples	5.7%
Real estate	4.8%
Communication services	4.2%
Energy	4.0%
Utilities	3.5%
Short-term investments and other	1.4%
TOTAL	100.0%

 

314

John Hancock Variable Insurance Trust

Notes to Portfolio of Investments (unaudited)

Security valuation. Investments are stated at value as of the scheduled close of regular trading on the New York Stock Exchange (NYSE), normally at 4:00 P.M., Eastern Time. In case of emergency or other disruption resulting in the NYSE not opening for trading or the NYSE closing at a time other than the regularly scheduled close, the net asset value (NAV) may be determined as of the regularly scheduled close of the NYSE pursuant to the portfolios' Valuation Policies and Procedures.

In order to value the securities, the portfolios use the following valuation techniques: Equity securities, including exchange-traded or closed-end funds, are typically valued at the last sale price or official closing price on the exchange or principal market where the security trades. In the event there were no sales during the day or closing prices are not available, the securities are valued using the last available bid price. Investments in open-end mutual funds, including John Hancock Collateral Trust (JHCT), are valued at their respective NAVs each business day. Debt obligations typically are valued based on evaluated prices provided by an independent pricing vendor. Independent pricing vendors utilize matrix pricing, which takes 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, as well as broker supplied prices. Exchange-traded options are valued at the mid-price of the last quoted bid and ask prices from the exchange where the option trades. Unlisted options are generally valued using evaluated prices obtained from an independent pricing vendor. Futures contracts whose settlement prices are determined as of the close of the NYSE are typically valued based on the settlement price while other futures contracts are typically valued at the last traded price on the exchange on which they trade. Foreign equity index futures that trade in the electronic trading market subsequent to the close of regular trading may be valued at the last traded price in the electronic trading market as of 4:00 P.M. ET, or may be fair valued based on fair value adjustment factors provided by an independent pricing vendor in order to adjust for events that may occur between the close of foreign exchanges or markets and the close of the NYSE. Swaps are valued using evaluated prices obtained from an independent pricing vendor. Forward foreign currency contracts are valued at the prevailing forward rates which are based on foreign currency exchange spot rates and forward points supplied by an independent pricing vendor. Foreign securities and currencies are valued in U.S. dollars based on foreign currency exchange rates supplied by an independent pricing vendor.

In certain instances, the Pricing Committee may determine to value equity securities using prices obtained from another exchange or market if trading on the exchange or market on which prices are typically obtained did not open for trading as scheduled, or if trading closed earlier than scheduled, and trading occurred as normal on another exchange or market.

Other portfolio securities and assets, for which 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. The frequency with which these fair valuation procedures are used cannot be predicted and fair value of securities may differ significantly from the value that would have been used had a ready market for such securities existed. Trading in foreign securities may be completed before the scheduled daily close of trading on the NYSE. Significant events at the issuer or market level may affect the values of securities between the time when the valuation of the securities is generally determined and the close of the NYSE. If a significant event occurs, these securities may be fair valued, as determined in good faith by the portfolios' Pricing Committee, following procedures established by the Board of Trustees. The portfolios use fair value adjustment factors provided by an independent pricing vendor to value certain foreign securities in order to adjust for events that may occur between the close of foreign exchanges or markets 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 other 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 or trends, 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 and related inputs may result in transfers into or out of an assigned level within the disclosure hierarchy.

The following is a summary of the values by input classification of the portfolios' investments as of September 30, 2021, by major security category or type:

	Total value at 9-30-21	Level 1 quoted price	Level 2 significant observable inputs	Level 3 significant unobservable inputs
500 Index Trust
Investments in securities:
Assets
Common stocks	$7,574,682,090	$7,574,682,090	—	—
Short-term investments	114,010,903	870,041	$113,140,862	—
Total investments in securities	$7,688,692,993	$7,575,552,131	$113,140,862	—
Derivatives:
Liabilities
Futures	$(4,139,501)	$(4,139,501)	—	—
Active Bond Trust
Investments in securities:
Assets
U.S. Government and Agency obligations	$234,520,842	—	$234,520,842	—
Foreign government obligations	4,757,445	—	4,757,445	—

315

	Total value at 9-30-21	Level 1 quoted price	Level 2 significant observable inputs	Level 3 significant unobservable inputs
Active Bond Trust (continued)
Corporate bonds	$349,675,361	—	$349,675,361	—
Capital preferred securities	1,465,524	—	1,465,524	—
Municipal bonds	4,769,626	—	4,769,626	—
Term loans	345,722	—	345,722	—
Collateralized mortgage obligations	59,295,120	—	59,293,668	$1,452
Asset backed securities	48,730,169	—	48,730,169	—
Common stocks	458,240	$458,240	—	—
Preferred securities	982,479	778,607	203,872	—
Warrants	21,560	21,560	—	—
Escrow certificates	1,260	—	1,260	—
Short-term investments	111,698,028	96,840,028	14,858,000	—
Total investments in securities	$816,721,376	$98,098,435	$718,621,489	$1,452
Level 3 includes securities valued at $0. Refer to Portfolio of Investments.
American Asset Allocation Trust
Investments in securities:
Assets
Investment companies	$1,383,518,734	$1,383,518,734	—	—
Total investments in securities	$1,383,518,734	$1,383,518,734	—	—
American Global Growth Trust
Investments in securities:
Assets
Investment companies	$246,759,338	$246,759,338	—	—
Total investments in securities	$246,759,338	$246,759,338	—	—
American Growth Trust
Investments in securities:
Assets
Investment companies	$1,073,893,767	$1,073,893,767	—	—
Total investments in securities	$1,073,893,767	$1,073,893,767	—	—
American Growth-Income Trust
Investments in securities:
Assets
Investment companies	$1,055,304,565	$1,055,304,565	—	—
Total investments in securities	$1,055,304,565	$1,055,304,565	—	—
American International Trust
Investments in securities:
Assets
Investment companies	$487,203,409	$487,203,409	—	—
Total investments in securities	$487,203,409	$487,203,409	—	—
Blue Chip Growth Trust
Investments in securities:
Assets
Common stocks
Communication services	$645,078,094	$620,153,880	$24,924,214	—
Consumer discretionary	452,638,575	450,140,407	2,498,168	—
Financials	67,965,771	67,965,771	—	—
Health care	241,642,937	241,642,937	—	—

316

	Total value at 9-30-21	Level 1 quoted price	Level 2 significant observable inputs	Level 3 significant unobservable inputs
Blue Chip Growth Trust (continued)
Industrials	$45,816,495	$45,816,495	—	—
Information technology	922,273,265	922,273,265	—	—
Materials	7,948,599	7,948,599	—	—
Short-term investments	10,544,160	10,544,160	—	—
Total investments in securities	$2,393,907,896	$2,366,485,514	$27,422,382	—
Capital Appreciation Trust
Investments in securities:
Assets
Common stocks
Communication services	$130,529,538	$130,529,538	—	—
Consumer discretionary	199,877,966	176,926,032	$22,951,934	—
Consumer staples	23,000,361	23,000,361	—	—
Financials	11,883,564	11,883,564	—	—
Health care	40,626,343	40,626,343	—	—
Industrials	11,010,586	11,010,586	—	—
Information technology	343,605,556	328,018,620	15,586,936	—
Short-term investments	2,795,704	2,795,704	—	—
Total investments in securities	$763,329,618	$724,790,748	$38,538,870	—
Capital Appreciation Value Trust
Investments in securities:
Assets
Common stocks	$336,165,078	$336,165,078	—	—
Preferred securities	4,891,798	4,891,798	—	—
Corporate bonds	34,313,583	—	$34,313,583	—
Term loans	40,694,690	—	40,694,690	—
Asset backed securities	1,259,568	—	1,259,568	—
Short-term investments	66,794,549	64,111,549	2,683,000	—
Total investments in securities	$484,119,266	$405,168,425	$78,950,841	—
Derivatives:
Liabilities
Written options	$(7,034,701)	—	$(7,034,701)	—
Core Bond Trust
Investments in securities:
Assets
U.S. Government and Agency obligations	$598,893,978	—	$598,893,978	—
Foreign government obligations	11,537,538	—	11,537,538	—
Corporate bonds	305,867,510	—	305,867,510	—
Municipal bonds	4,025,201	—	4,025,201	—
Collateralized mortgage obligations	82,770,647	—	82,770,647	—
Asset backed securities	84,932,997	—	84,932,997	—
Short-term investments	31,828,377	$31,828,377	—	—
Total investments in securities	$1,119,856,248	$31,828,377	$1,088,027,871	—
Disciplined Value International Trust
Investments in securities:
Assets
Common stocks
Austria	$1,329,747	—	$1,329,747	—
Bermuda	4,870,900	$4,870,900	—	—
Canada	13,501,330	13,501,330	—	—

317

	Total value at 9-30-21	Level 1 quoted price	Level 2 significant observable inputs	Level 3 significant unobservable inputs
Disciplined Value International Trust (continued)
China	$3,017,527	—	$3,017,527	—
Finland	7,899,159	—	7,899,159	—
France	45,482,156	—	45,482,156	—
Germany	21,850,213	—	21,850,213	—
Greece	2,077,950	—	2,077,950	—
India	1,138,815	$1,138,815	—	—
Ireland	5,822,934	—	5,822,934	—
Italy	2,242,115	—	2,242,115	—
Japan	43,013,787	—	43,013,787	—
Macau	627,420	—	627,420	—
Netherlands	16,005,618	—	16,005,618	—
Norway	4,378,841	—	4,378,841	—
South Korea	20,208,382	1,354,019	18,854,363	—
Spain	1,820,232	—	1,820,232	—
Sweden	12,898,615	—	12,898,615	—
Switzerland	38,309,203	—	38,309,203	—
United Kingdom	46,014,449	16,081,466	29,932,983	—
United States	8,849,032	8,849,032	—	—
Preferred securities	4,201,253	—	4,201,253	—
Short-term investments	9,943,982	9,943,982	—	—
Total investments in securities	$315,503,660	$55,739,544	$259,764,116	—
Level 3 includes securities valued at $0. Refer to Portfolio of Investments.
Emerging Markets Value Trust
Investments in securities:
Assets
Common stocks
Australia	$44,872	—	$44,872	—
Belgium	41,307	—	41,307	—
Brazil	6,626,632	$6,626,632	—	—
Canada	85,854	85,854	—	—
Chile	987,769	—	987,769	—
China	59,573,726	6,262,842	53,144,980	$165,904
Colombia	276,050	276,050	—	—
Czech Republic	290,664	—	290,664	—
Greece	701,216	—	701,216	—
Hong Kong	13,543,012	—	13,506,563	36,449
Hungary	558,733	—	558,733	—
India	34,342,007	765,816	33,569,907	6,284
Indonesia	3,974,323	—	3,930,793	43,530
Malaysia	4,123,420	—	4,123,420	—
Mexico	5,357,884	5,357,884	—	—
Philippines	1,874,380	—	1,874,200	180
Poland	1,811,002	—	1,811,002	—
Qatar	1,522,630	—	1,522,630	—
Russia	4,112,104	—	4,112,104	—
Saudi Arabia	6,689,779	—	6,689,779	—
Singapore	276,398	276,398	—	—
South Africa	9,077,971	584,581	8,493,390	—
South Korea	35,252,445	3,254,961	31,997,484	—
Taiwan	41,363,398	—	41,363,398	—
Thailand	4,938,424	—	4,938,424	—
Turkey	1,331,742	—	1,331,159	583
Ukraine	117,002	—	117,002	—
United Arab Emirates	1,624,496	—	1,624,496	—
United States	128,903	—	128,903	—

318

	Total value at 9-30-21	Level 1 quoted price	Level 2 significant observable inputs	Level 3 significant unobservable inputs
Emerging Markets Value Trust (continued)
Preferred securities
Brazil	$3,884,751	$3,884,751	—	—
Colombia	107,130	107,130	—	—
Philippines	11,604	—	$11,604	—
Rights	38,268	—	38,268	—
Short-term investments	2,449,657	2,449,657	—	—
Total investments in securities	$247,139,553	$29,932,556	$216,954,067	$252,930
Level 3 includes securities valued at $0. Refer to Portfolio of Investments.
Equity Income Trust
Investments in securities:
Assets
Common stocks
Communication services	$80,084,518	$80,084,518	—	—
Consumer discretionary	58,098,018	58,098,018	—	—
Consumer staples	111,517,278	111,517,278	—	—
Energy	94,373,318	64,219,890	$30,153,428	—
Financials	383,992,255	383,992,255	—	—
Health care	253,273,961	242,204,199	11,069,762	—
Industrials	183,541,295	183,541,295	—	—
Information technology	138,443,203	138,443,203	—	—
Materials	90,690,691	85,079,626	5,611,065	—
Real estate	70,492,405	70,492,405	—	—
Utilities	120,897,806	120,897,806	—	—
Preferred securities	22,969,968	22,969,968	—	—
Short-term investments	24,462,675	24,462,675	—	—
Total investments in securities	$1,632,837,391	$1,586,003,136	$46,834,255	—
Financial Industries Trust
Investments in securities:
Assets
Common stocks
Financials
Banks	$85,380,187	$79,599,783	$5,780,404	—
Capital markets	26,435,574	26,435,574	—	—
Consumer finance	12,241,121	12,241,121	—	—
Diversified financial services	4,621,472	2,973,901	1,647,571	—
Insurance	29,688,303	29,688,303	—	—
Thrifts and mortgage finance	1,979,692	1,979,692	—	—
Information technology
IT services	4,520,257	4,520,257	—	—
Software	920,978	920,978	—	—
Real estate
Equity real estate investment trusts	3,811,718	3,811,718	—	—
Real estate management and development	941,251	—	941,251	—
Short-term investments	1,280,000	—	1,280,000	—
Total investments in securities	$171,820,553	$162,171,327	$9,649,226	—
Fundamental All Cap Core Trust
Investments in securities:
Assets
Common stocks
Communication services	$431,920,643	$431,920,643	—	—
Consumer discretionary	488,510,171	433,524,273	$54,985,898	—
Consumer staples	219,363,819	201,943,350	17,420,469	—

319

	Total value at 9-30-21	Level 1 quoted price	Level 2 significant observable inputs	Level 3 significant unobservable inputs
Fundamental All Cap Core Trust (continued)
Energy	$132,591,796	$132,591,796	—	—
Financials	382,632,071	382,632,071	—	—
Health care	177,320,595	177,320,595	—	—
Industrials	216,324,627	216,324,627	—	—
Information technology	320,149,946	295,306,850	$24,843,096	—
Materials	32,537,772	32,537,772	—	—
Real estate	93,813,629	93,813,629	—	—
Short-term investments	48,843,000	—	48,843,000	—
Total investments in securities	$2,544,008,069	$2,397,915,606	$146,092,463	—
Fundamental Large Cap Value Trust
Investments in securities:
Assets
Common stocks
Communication services	$70,923,402	$70,923,402	—	—
Consumer discretionary	61,795,339	61,795,339	—	—
Consumer staples	73,835,911	48,371,983	$25,463,928	—
Energy	72,528,264	72,528,264	—	—
Financials	174,559,299	174,559,299	—	—
Health care	112,403,450	112,403,450	—	—
Industrials	108,217,609	108,217,609	—	—
Information technology	73,376,548	63,625,417	9,751,131	—
Materials	6,888,684	6,888,684	—	—
Real estate	18,336,911	18,336,911	—	—
Short-term investments	23,771,000	—	23,771,000	—
Total investments in securities	$796,636,417	$737,650,358	$58,986,059	—
Global Equity Trust
Investments in securities:
Assets
Common stocks
France	$34,972,811	—	$34,972,811	—
Germany	5,201,322	—	5,201,322	—
Ireland	6,592,393	—	6,592,393	—
Japan	17,636,655	—	17,636,655	—
Netherlands	33,732,147	—	33,732,147	—
Switzerland	15,018,080	$5,605,139	9,412,941	—
United Kingdom	41,749,398	—	41,749,398	—
United States	182,079,520	182,079,520	—	—
Preferred securities	6,221,182	—	6,221,182	—
Short-term investments	2,487,176	2,487,176	—	—
Total investments in securities	$345,690,684	$190,171,835	$155,518,849	—
Health Sciences Trust
Investments in securities:
Assets
Common stocks
Consumer discretionary	$2,729,498	$2,549,848	$179,650	—
Consumer staples	28,538	28,538	—	—
Financials	1,316,571	1,316,571	—	—
Health care	333,958,498	316,946,022	17,003,453	$9,023
Preferred securities	2,357,998	—	2,357,998	—
Warrants	17,380	17,380	—	—

320

	Total value at 9-30-21	Level 1 quoted price	Level 2 significant observable inputs	Level 3 significant unobservable inputs
Health Sciences Trust (continued)
Short-term investments	$1,564,749	$1,564,749	—	—
Total investments in securities	$341,973,232	$322,423,108	$19,541,101	$9,023
High Yield Trust
Investments in securities:
Assets
Foreign government obligations	$1,287,151	—	$1,287,151	—
Corporate bonds	179,966,652	—	179,966,652	—
Convertible bonds	2,565,557	—	2,565,557	—
Term loans	12,523,993	—	12,068,188	$455,805
Asset backed securities	10,252,856	—	10,252,856	—
Common stocks	1,553,395	$1,543,860	979	8,556
Preferred securities	1,745,142	1,239,442	505,700	—
Short-term investments	9,320,317	9,320,317	—	—
Total investments in securities	$219,215,063	$12,103,619	$206,647,083	$464,361
Derivatives:
Assets
Forward foreign currency contracts	$6,205	—	$6,205	—
Swap contracts	20,950	—	20,950	—
Liabilities
Futures	(66,116)	$(66,116)	—	—
Forward foreign currency contracts	(14,915)	—	(14,915)	—
Swap contracts	(21,972)	—	(21,972)	—
Level 3 includes securities valued at $0. Refer to Portfolio of Investments.
International Equity Index Trust
Investments in securities:
Assets
Common stocks
Argentina	$29,358	$29,358	—	—
Australia	40,202,564	—	$40,202,564	—
Austria	1,353,962	—	1,353,962	—
Belgium	4,825,839	—	4,825,839	—
Brazil	8,538,669	8,538,669	—	—
Canada	63,850,992	63,478,046	372,946	—
Chile	837,991	478,351	359,640	—
China	81,750,459	23,234,580	58,492,838	$23,041
Colombia	269,508	269,508	—	—
Czech Republic	432,594	—	432,594	—
Denmark	15,421,723	—	15,421,723	—
Egypt	186,055	—	186,055	—
Finland	7,513,495	—	7,513,495	—
France	62,128,598	—	62,128,598	—
Germany	48,177,156	—	48,177,156	—
Greece	571,339	—	568,092	3,247
Hong Kong	22,465,284	297,867	22,155,577	11,840
Hungary	656,695	—	656,695	—
India	31,594,001	4,867,946	26,726,055	—
Indonesia	3,729,727	9,093	3,720,634	—
Ireland	6,340,694	—	6,340,694	—
Israel	3,702,453	1,087,970	2,614,483	—
Italy	11,832,803	—	11,832,803	—
Japan	139,298,061	—	139,298,061	—
Jordan	188,790	—	188,790	—
Luxembourg	1,823,705	—	1,823,705	—
Macau	217,857	—	217,857	—

321

	Total value at 9-30-21	Level 1 quoted price	Level 2 significant observable inputs	Level 3 significant unobservable inputs
International Equity Index Trust (continued)
Malaysia	$3,651,387	—	$3,651,387	—
Mexico	4,800,949	$4,800,949	—	—
Netherlands	35,998,449	—	35,998,449	—
New Zealand	1,786,435	—	1,786,435	—
Norway	4,075,642	—	4,075,642	—
Peru	485,887	485,887	—	—
Philippines	1,723,594	—	1,723,594	—
Poland	2,242,055	—	2,242,055	—
Portugal	840,680	—	840,680	—
Romania	104,373	—	104,373	—
Russia	9,426,302	7,336,986	2,089,316	—
Saudi Arabia	8,430,909	—	8,430,909	—
Singapore	6,957,111	842,739	6,114,372	—
South Africa	8,144,001	—	8,144,001	—
South Korea	30,277,109	93,170	30,183,939	—
Spain	14,138,107	78,440	14,059,667	—
Sweden	19,791,146	—	19,791,146	—
Switzerland	57,650,801	—	57,650,801	—
Taiwan	37,872,112	—	37,872,112	—
Thailand	3,825,526	—	3,825,526	—
Turkey	733,992	—	733,992	—
United Arab Emirates	872	—	872	—
United Kingdom	71,628,386	—	71,628,386	—
United States	445,040	445,040	—	—
Uruguay	337,212	337,212	—	—
Preferred securities
Brazil	3,179,976	3,179,976	—	—
Germany	3,577,067	—	3,577,067	—
South Korea	1,806,303	—	1,806,303	—
Rights	64,513	23,561	40,952	—
Warrants	4,559	1,220	3,339	—
Short-term investments	28,946,307	28,946,307	—	—
Total investments in securities	$920,887,174	$148,862,875	$771,986,171	$38,128
Derivatives:
Liabilities
Futures	$(1,289,861)	$(1,289,861)	—	—
Level 3 includes securities valued at $0. Refer to Portfolio of Investments.
International Small Company Trust
Investments in securities:
Assets
Common stocks
Australia	$7,924,306	$52,134	$7,869,703	$2,469
Austria	2,056,698	—	2,056,698	—
Belgium	1,903,506	22,682	1,880,824	—
Bermuda	144,174	—	144,174	—
Cambodia	34,126	—	34,126	—
Canada	12,601,356	12,601,355	—	1
China	33,895	—	33,895	—
Denmark	2,706,461	—	2,706,461	—
Finland	2,950,838	—	2,950,838	—
France	5,554,366	—	5,552,101	2,265
Gabon	3,104	—	3,104	—
Georgia	65,996	—	65,996	—
Germany	8,105,038	—	8,105,038	—
Gibraltar	91,432	—	91,432	—
Greece	71	—	—	71

322

	Total value at 9-30-21	Level 1 quoted price	Level 2 significant observable inputs	Level 3 significant unobservable inputs
International Small Company Trust (continued)
Guernsey, Channel Islands	$2,197	—	$2,197	—
Hong Kong	2,644,083	—	2,592,005	$52,078
Ireland	914,861	—	914,861	—
Isle of Man	130,885	—	130,885	—
Israel	1,927,684	$46,913	1,880,771	—
Italy	4,339,648	—	4,339,648	—
Japan	30,078,320	—	30,078,320	—
Jersey, Channel Islands	210,308	—	210,308	—
Liechtenstein	59,884	—	59,884	—
Luxembourg	796,449	—	796,449	—
Macau	17,304	—	17,304	—
Malaysia	132,674	—	132,674	—
Malta	23,058	—	23,058	—
Netherlands	3,278,117	—	3,278,117	—
New Zealand	730,877	—	730,877	—
Norway	1,067,013	—	1,067,013	—
Peru	29,541	—	29,541	—
Portugal	396,969	—	396,969	—
Russia	43,010	—	43,010	—
Singapore	1,514,518	—	1,491,942	22,576
South Africa	178,834	—	178,834	—
Spain	2,568,075	—	2,568,075	—
Sweden	4,428,357	—	4,428,357	—
Switzerland	8,390,245	—	8,390,245	—
United Arab Emirates	24,100	—	24,100	—
United Kingdom	16,217,465	73,335	16,139,540	4,590
United States	583,892	180,182	403,710	—
Preferred securities	424,774	—	424,774	—
Rights	12,076	11,402	674	—
Warrants	1,898	190	1,708	—
Short-term investments	2,950,767	2,950,767	—	—
Total investments in securities	$128,293,250	$15,938,960	$112,270,240	$84,050
Derivatives:
Liabilities
Futures	$(35,752)	$(35,752)	—	—
Level 3 includes securities valued at $0. Refer to Portfolio of Investments.
Investment Quality Bond Trust
Investments in securities:
Assets
U.S. Government and Agency obligations	$198,280,628	—	$198,280,628	—
Foreign government obligations	16,797,315	—	16,797,315	—
Corporate bonds	71,935,909	—	71,935,909	—
Municipal bonds	5,832,159	—	5,832,159	—
Term loans	8,677,524	—	8,677,524	—
Collateralized mortgage obligations	39,889,695	—	39,889,695	—
Asset backed securities	25,190,843	—	25,190,843	—
Common stocks	12,512	—	12,512	—
Purchased options	69,971	—	69,971	—
Short-term investments	8,164,950	$64,950	8,100,000	—
Total investments in securities	$374,851,506	$64,950	$374,786,556	—
Derivatives:
Assets
Futures	$1,146,109	$1,146,109	—	—
Forward foreign currency contracts	236,170	—	$236,170	—
Swap contracts	1,051,388	—	1,051,388	—

323

	Total value at 9-30-21	Level 1 quoted price	Level 2 significant observable inputs	Level 3 significant unobservable inputs
Investment Quality Bond Trust (continued)
Liabilities
Futures	$(25,732)	$(25,732)	—	—
Forward foreign currency contracts	(1,045)	—	$(1,045)	—
Written options	(70,805)	—	(70,805)	—
Swap contracts	(910,169)	—	(910,169)	—
Lifestyle Balanced Portfolio
Investments in securities:
Assets
Affiliated investment companies	$1,182,068,586	$1,182,068,586	—	—
Total investments in securities	$1,182,068,586	$1,182,068,586	—	—
Lifestyle Conservative Portfolio
Investments in securities:
Assets
Affiliated investment companies	$227,828,948	$227,828,948	—	—
Total investments in securities	$227,828,948	$227,828,948	—	—
Lifestyle Growth Portfolio
Investments in securities:
Assets
Affiliated investment companies	$6,244,677,275	$6,244,677,275	—	—
Total investments in securities	$6,244,677,275	$6,244,677,275	—	—
Lifestyle Moderate Portfolio
Investments in securities:
Assets
Affiliated investment companies	$357,316,466	$357,316,466	—	—
Total investments in securities	$357,316,466	$357,316,466	—	—
Managed Volatility Balanced Portfolio
Investments in securities:
Assets
Affiliated investment companies	$5,565,355,166	$5,565,355,166	—	—
Unaffiliated investment companies	93,764,345	93,764,345	—	—
U.S. Government and Agency obligations	7,499,187	—	$7,499,187	—
Short-term investments	22,610,584	4,612,143	17,998,441	—
Total investments in securities	$5,689,229,282	$5,663,731,654	$25,497,628	—
Derivatives:
Assets
Futures	$93,409	$93,409	—	—
Liabilities
Futures	(9,324,665)	(9,324,665)	—	—
Managed Volatility Conservative Portfolio
Investments in securities:
Assets
Affiliated investment companies	$896,553,873	$896,553,873	—	—
Unaffiliated investment companies	7,459,673	7,459,673	—	—
Short-term investments	5,335,110	3,335,454	$1,999,656	—
Total investments in securities	$909,348,656	$907,349,000	$1,999,656	—

324

	Total value at 9-30-21	Level 1 quoted price	Level 2 significant observable inputs	Level 3 significant unobservable inputs
Managed Volatility Conservative Portfolio (continued)
Derivatives:
Assets
Futures	$3,916	$3,916	—	—
Liabilities
Futures	(518,829)	(518,829)	—	—
Managed Volatility Growth Portfolio
Investments in securities:
Assets
Affiliated investment companies	$6,989,095,199	$6,989,095,199	—	—
Unaffiliated investment companies	152,493,172	152,493,172	—	—
Short-term investments	22,833,623	4,335,233	$18,498,390	—
Total investments in securities	$7,164,421,994	$7,145,923,604	$18,498,390	—
Derivatives:
Assets
Futures	$188,527	$188,527	—	—
Liabilities
Futures	(21,439,729)	(21,439,729)	—	—
Managed Volatility Moderate Portfolio
Investments in securities:
Assets
Affiliated investment companies	$1,582,396,730	$1,582,396,730	—	—
Unaffiliated investment companies	27,285,643	27,285,643	—	—
Short-term investments	9,563,626	3,064,330	$6,499,296	—
Total investments in securities	$1,619,245,999	$1,612,746,703	$6,499,296	—
Derivatives:
Assets
Futures	$18,190	$18,190	—	—
Liabilities
Futures	(2,643,076)	(2,643,076)	—	—
Mid Cap Index Trust
Investments in securities:
Assets
Common stocks	$1,358,172,250	$1,358,172,250	—	—
Short-term investments	49,612,576	12,175,004	$37,437,572	—
Total investments in securities	$1,407,784,826	$1,370,347,254	$37,437,572	—
Derivatives:
Liabilities
Futures	$(1,107,921)	$(1,107,921)	—	—
Mid Cap Stock Trust
Investments in securities:
Assets
Common stocks
Communication services	$69,915,052	$69,915,052	—	—
Consumer discretionary	267,485,134	267,485,134	—	—
Consumer staples	1,636,406	—	$1,636,406	—
Financials	27,880,854	27,880,854	—	—
Health care	197,028,672	197,028,672	—	—

325

	Total value at 9-30-21	Level 1 quoted price	Level 2 significant observable inputs	Level 3 significant unobservable inputs
Mid Cap Stock Trust (continued)
Industrials	$89,951,581	$89,951,581	—	—
Information technology	241,732,454	241,732,454	—	—
Preferred securities	7,126,473	—	—	$7,126,473
Exchange-traded funds	22,091,911	22,091,911	—	—
Short-term investments	64,597,129	40,297,129	$24,300,000	—
Total investments in securities	$989,445,666	$956,382,787	$25,936,406	$7,126,473
Mid Value Trust
Investments in securities:
Assets
Common stocks
Communication services	$29,806,387	$29,806,387	—	—
Consumer discretionary	16,053,460	13,074,501	$2,978,959	—
Consumer staples	53,453,138	49,637,873	3,815,265	—
Energy	79,870,700	76,152,612	3,718,088	—
Financials	113,707,693	106,833,408	6,874,285	—
Health care	97,895,432	92,770,111	5,125,321	—
Industrials	40,028,622	35,560,579	4,468,043	—
Information technology	11,952,542	11,952,542	—	—
Materials	59,270,514	54,175,916	5,094,598	—
Real estate	45,372,364	45,372,364	—	—
Utilities	45,864,604	45,864,604	—	—
Preferred securities	971,835	971,835	—	—
Corporate bonds	1,502,802	—	1,502,802	—
Short-term investments	44,482,818	44,482,818	—	—
Total investments in securities	$640,232,911	$606,655,550	$33,577,361	—
Opportunistic Fixed Income Trust
Investments in securities:
Assets
U.S. Government and Agency obligations	$14,770,930	—	$14,770,930	—
Foreign government obligations	95,897,660	—	95,897,660	—
Corporate bonds	32,640,880	—	32,640,880	—
Convertible bonds	4,896,260	—	4,896,260	—
Municipal bonds	6,995,503	—	6,995,503	—
Term loans	18,562,485	—	18,562,485	—
Collateralized mortgage obligations	17,542,827	—	17,542,827	—
Asset backed securities	10,439,426	—	10,439,426	—
Preferred securities	66,312	$61,321	4,991	—
Exchange-traded funds	10,572,994	10,572,994	—	—
Short-term investments	8,014,777	8,014,777	—	—
Total investments in securities	$220,400,054	$18,649,092	$201,750,962	—
Derivatives:
Assets
Futures	$728,224	$728,224	—	—
Forward foreign currency contracts	1,167,232	—	$1,167,232	—
Swap contracts	1,459,574	—	1,459,574	—
Liabilities
Futures	(217,885)	(217,885)	—	—
Forward foreign currency contracts	(691,620)	—	(691,620)	—
Swap contracts	(2,610,321)	—	(2,610,321)	—
Real Estate Securities Trust
Investments in securities:
Assets

326

	Total value at 9-30-21	Level 1 quoted price	Level 2 significant observable inputs	Level 3 significant unobservable inputs
Real Estate Securities Trust (continued)
Common stocks	$372,023,438	$372,023,438	—	—
Short-term investments	4,470,787	4,470,787	—	—
Total investments in securities	$376,494,225	$376,494,225	—	—
Science & Technology Trust
Investments in securities:
Assets
Common stocks
Communication services	$161,267,796	$139,760,047	$21,507,749	—
Consumer discretionary	248,338,544	176,325,818	72,012,726	—
Health care	3,215,625	3,215,625	—	—
Industrials	4,816,488	4,530,932	285,556	—
Information technology	653,802,802	599,480,350	54,322,452	—
Short-term investments	43,402,848	21,386,848	22,016,000	—
Total investments in securities	$1,114,844,103	$944,699,620	$170,144,483	—
Select Bond Trust
Investments in securities:
Assets
U.S. Government and Agency obligations	$2,396,162,006	—	$2,396,162,006	—
Foreign government obligations	41,002,260	—	41,002,260	—
Corporate bonds	3,156,618,862	—	3,156,618,862	—
Municipal bonds	123,890,579	—	123,890,579	—
Collateralized mortgage obligations	681,312,888	—	681,312,888	—
Asset backed securities	1,352,056,294	—	1,352,056,294	—
Common stocks	1,254,434	$1,254,434	—	—
Preferred securities	7,908,452	7,908,452	—	—
Short-term investments	448,564,364	9,901,364	438,663,000	—
Total investments in securities	$8,208,770,139	$19,064,250	$8,189,705,889	—
Short Term Government Income Trust
Investments in securities:
Assets
U.S. Government and Agency obligations	$173,386,298	—	$173,386,298	—
Municipal bonds	8,408,852	—	8,408,852	—
Collateralized mortgage obligations	2,009,453	—	2,009,453	—
Short-term investments	7,065,000	—	7,065,000	—
Total investments in securities	$190,869,603	—	$190,869,603	—
Small Cap Index Trust
Investments in securities:
Assets
Common stocks
Communication services	$21,098,657	$21,098,657	—	—
Consumer discretionary	73,791,696	73,772,939	$18,757	—
Consumer staples	20,635,186	20,635,186	—	—
Energy	29,273,964	29,273,964	—	—
Financials	98,828,903	98,827,991	—	$912
Health care	129,563,733	129,401,705	—	162,028
Industrials	93,159,884	93,159,884	—	—
Information technology	90,726,965	90,726,965	—	—
Materials	23,586,745	23,586,745	—	—
Real estate	44,382,105	44,382,105	—	—
Utilities	15,246,599	15,246,599	—	—

327

	Total value at 9-30-21	Level 1 quoted price	Level 2 significant observable inputs	Level 3 significant unobservable inputs
Small Cap Index Trust (continued)
Rights	$63,442	$63,442	—	—
Warrants	3,901	3,901	—	—
Short-term investments	33,387,208	10,511,576	$22,875,632	—
Total investments in securities	$673,748,988	$650,691,659	$22,894,389	$162,940
Derivatives:
Liabilities
Futures	$(511,839)	$(511,839)	—	—
Level 3 includes securities valued at $0. Refer to Portfolio of Investments.
Small Cap Opportunities Trust
Investments in securities:
Assets
Common stocks
Communication services	$3,533,408	$3,533,408	—	—
Consumer discretionary	21,337,694	21,337,694	—	—
Consumer staples	7,285,919	7,285,919	—	—
Energy	9,850,393	9,850,393	—	—
Financials	33,904,716	33,904,133	—	$583
Health care	19,976,578	19,950,290	—	26,288
Industrials	29,606,004	29,606,004	—	—
Information technology	20,414,222	20,414,222	—	—
Materials	11,259,695	11,259,695	—	—
Real estate	2,547,808	2,547,808	—	—
Utilities	1,044,436	1,044,436	—	—
Preferred securities	69,569	69,569	—	—
Warrants	1,390	1,390	—	—
Short-term investments	1,971,522	1,971,522	—	—
Total investments in securities	$162,803,354	$162,776,483	—	$26,871
Small Cap Stock Trust
Investments in securities:
Assets
Common stocks
Communication services	$12,118,173	$12,118,173	—	—
Consumer discretionary	70,885,302	70,885,302	—	—
Consumer staples	583,734	—	$583,734	—
Energy	7,079,216	7,079,216	—	—
Financials	16,824,861	16,824,861	—	—
Health care	104,781,293	104,781,293	—	—
Industrials	53,640,413	53,640,413	—	—
Information technology	115,043,323	115,043,323	—	—
Materials	2,814,739	2,814,739	—	—
Real estate	11,048,544	11,048,544	—	—
Exchange-traded funds	2,935,900	2,935,900	—	—
Short-term investments	21,586,962	9,186,962	12,400,000	—
Total investments in securities	$419,342,460	$406,358,726	$12,983,734	—
Small Cap Value Trust
Investments in securities:
Assets
Common stocks
Communication services	$2,127,876	$2,127,876	—	—
Consumer discretionary	33,151,482	33,151,482	—	—
Consumer staples	30,519,199	19,970,102	$10,549,097	—
Energy	13,652,698	13,652,698	—	—

328

	Total value at 9-30-21	Level 1 quoted price	Level 2 significant observable inputs	Level 3 significant unobservable inputs
Small Cap Value Trust (continued)
Financials	$132,480,170	$132,480,170	—	—
Health care	35,589,709	35,589,709	—	—
Industrials	123,027,634	112,373,577	$10,654,057	—
Information technology	39,763,059	39,763,059	—	—
Materials	36,001,986	36,001,986	—	—
Real estate	50,254,562	50,254,562	—	—
Utilities	19,686,918	19,686,918	—	—
Short-term investments	20,000,000	—	20,000,000	—
Total investments in securities	$536,255,293	$495,052,139	$41,203,154	—
Small Company Value Trust
Investments in securities:
Assets
Common stocks	$163,164,168	$163,164,168	—	—
Warrants	8,559	8,559	—	—
Short-term investments	4,221,966	4,221,966	—	—
Total investments in securities	$167,394,693	$167,394,693	—	—
Strategic Equity Allocation Trust
Investments in securities:
Assets
Common stocks
Communication services	$693,376,014	$562,667,984	$130,708,030	—
Consumer discretionary	1,079,975,684	735,116,353	344,859,331	—
Consumer staples	592,549,536	311,359,443	281,190,093	—
Energy	264,721,501	168,001,120	96,720,381	—
Financials	1,184,204,076	707,590,037	476,613,394	$645
Health care	1,141,057,736	792,642,754	348,304,610	110,372
Industrials	1,003,536,875	564,815,341	438,721,534	—
Information technology	1,730,353,832	1,466,728,407	263,625,425	—
Materials	375,430,589	172,030,368	203,400,221	—
Real estate	298,697,990	217,154,346	81,543,644	—
Utilities	238,331,274	147,735,382	90,595,892	—
Preferred securities	16,173,057	—	16,173,057	—
Rights	271,642	195,716	75,926	—
Warrants	107,322	107,322	—	—
Short-term investments	351,999,727	54,852,249	297,147,478	—
Total investments in securities	$8,970,786,855	$5,900,996,822	$3,069,679,016	$111,017
Derivatives:
Liabilities
Futures	$(12,255,516)	$(12,255,516)	—	—
Level 3 includes securities valued at $0. Refer to Portfolio of Investments.
Strategic Income Opportunities Trust
Investments in securities:
Assets
U.S. Government and Agency obligations	$21,003,857	—	$21,003,857	—
Foreign government obligations	86,812,840	—	86,812,840	—
Corporate bonds	248,894,633	—	248,894,633	—
Convertible bonds	11,747,528	—	11,747,528	—
Capital preferred securities	790,240	—	790,240	—
Term loans	35,021,821	—	35,021,821	—
Collateralized mortgage obligations	3,174,780	—	3,174,780	—
Asset backed securities	6,529,580	—	6,529,580	—
Common stocks	14,029,250	$12,177,421	1,851,829	—

329

	Total value at 9-30-21	Level 1 quoted price	Level 2 significant observable inputs	Level 3 significant unobservable inputs
Strategic Income Opportunities Trust (continued)
Preferred securities	$15,708,747	$15,171,631	$537,116	—
Purchased options	126,377	—	126,377	—
Short-term investments	17,880,424	2,600,424	15,280,000	—
Total investments in securities	$461,720,077	$29,949,476	$431,770,601	—
Derivatives:
Assets
Futures	$1,075,888	$1,075,888	—	—
Forward foreign currency contracts	1,067,275	—	$1,067,275	—
Liabilities
Futures	(18,247)	(18,247)	—	—
Forward foreign currency contracts	(369,827)	—	(369,827)	—
Written options	(8)	—	(8)	—
Level 3 includes securities valued at $0. Refer to Portfolio of Investments.
Total Bond Market Trust
Investments in securities:
Assets
U.S. Government and Agency obligations	$508,652,648	—	$508,652,648	—
Foreign government obligations	7,616,955	—	7,616,955	—
Corporate bonds	209,355,750	—	209,355,750	—
Municipal bonds	4,775,741	—	4,775,741	—
Collateralized mortgage obligations	17,996,760	—	17,996,760	—
Common stocks	1,022	$1,022	—	—
Warrants	2,156	2,156	—	—
Short-term investments	129,602,116	129,602,116	—	—
Total investments in securities	$878,003,148	$129,605,294	$748,397,854	—
Total Stock Market Index Trust
Investments in securities:
Assets
Common stocks
Communication services	$94,287,396	$94,286,589	$739	$68
Consumer discretionary	113,199,297	113,195,492	3,776	29
Consumer staples	50,091,455	50,091,455	—	—
Energy	26,768,058	26,768,058	—	—
Financials	106,310,807	106,310,684	—	123
Health care	112,186,541	112,169,808	—	16,733
Industrials	74,030,450	74,030,450	—	—
Information technology	229,428,641	229,428,641	—	—
Materials	19,643,802	19,643,607	—	195
Real estate	28,223,928	28,216,509	—	7,419
Utilities	18,408,935	18,408,935	—	—
Preferred securities
Consumer discretionary	28,119	28,119	—	—
Industrials	11,970	11,970	—	—
Information technology	2,652	—	—	2,652
Rights	5,207	5,207	—	—
Warrants	2,573	2,098	473	2
Short-term investments	25,972,524	10,260,120	15,712,404	—
Total investments in securities	$898,602,355	$882,857,742	$15,717,392	$27,221
Derivatives:
Liabilities
Futures	$(669,513)	$(669,513)	—	—
Level 3 includes securities valued at $0. Refer to Portfolio of Investments.

330

	Total value at 9-30-21	Level 1 quoted price	Level 2 significant observable inputs	Level 3 significant unobservable inputs
Ultra Short Term Bond Trust
Investments in securities:
Assets
U.S. Government and Agency obligations	$2,615,698	—	$2,615,698	—
Corporate bonds	142,064,106	—	142,064,106	—
Municipal bonds	2,025,726	—	2,025,726	—
Collateralized mortgage obligations	2,197,543	—	2,197,543	—
Asset backed securities	41,425,169	—	41,425,169	—
Short-term investments	67,696,867	$5,499,143	62,197,724	—
Total investments in securities	$258,025,109	$5,499,143	$252,525,966	—

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, if any, 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 out of Level 3 since observable market data became available due to the increased market activity of these securities.

Mid Cap Stock Trust	Common stocks	Preferred securities	Total
Balance as of 12-31-20	$816,142	$20,108,657	$20,924,799
Realized gain (loss)	302,635	1,024,739	1,327,374
Change in unrealized appreciation (depreciation)	(399,749)	(6,889,454)	(7,289,203)
Purchases	—	—	—
Sales	(719,028)	(7,117,469)	(7,836,497)
Transfers into Level 3	—	—	—
Transfers out of Level 3	—	—	—
Balance as of 9-30-21	—	$7,126,473	$7,126,473
Change in unrealized at period end1	—	$(148,539)	$(148,539)

¹ Change in unrealized appreciation (depreciation) attributable to Level 3 securities held at period end.

Investment in affiliated underlying funds. Lifestyle Balanced Portfolio, Lifestyle Conservative Portfolio, Lifestyle Growth Portfolio, Lifestyle Moderate Portfolio, Managed Volatility Balanced Portfolio, Managed Volatility Conservative Portfolio, Managed Volatility Growth Portfolio and Managed Volatility Moderate Portfolio invest primarily in affiliated underlying funds that are managed by the Advisor and its affiliates. The portfolios do not invest in the affiliated underlying funds for the purpose of exercising management or control; however, the portfolios’ investment may represent a significant portion of each underlying funds’ net assets.

Information regarding the portfolios' fiscal year to date purchases and sales of the affiliated underlying funds as well as income and capital gains earned by the portfolios, if any, is as follows:

							Dividends and distributions
Affiliate	Ending share amount	Beginning value	Cost of purchases	Proceeds from shares sold	Realized gain (loss)	Change in unrealized appreciation (depreciation)	Income distributions received	Capital gain distributions received	Ending value
500 Index Trust
John Hancock Collateral Trust	86,950	$5,359,566	$23,509,522	$(27,999,690)	$(9)	$652	$24,578	—	$870,041
Active Bond Trust
John Hancock Collateral Trust	377,863	$2,498,620	$47,517,098	$(46,234,928)	$94	$89	$12,724	—	$3,780,973
Blue Chip Growth Trust
John Hancock Collateral Trust	50,376	$675,961	$58,212,414	$(58,384,368)	$65	$1	$55,317	—	$504,073
Capital Appreciation Trust
John Hancock Collateral Trust	—	$11,474,585	$26,551,223	$(38,026,107)	$(647)	$946	$329	—	—
Capital Appreciation Value Trust
John Hancock Collateral Trust	—	$140,752	$5,246,217	$(5,386,956)	$(20)	$7	—	—	—
Core Bond Trust
John Hancock Collateral Trust	395,734	$2,343,146	$44,975,655	$(43,359,058)	$(98)	$145	$6,139	—	$3,959,790
Disciplined Value International Trust

331

							Dividends and distributions
Affiliate	Ending share amount	Beginning value	Cost of purchases	Proceeds from shares sold	Realized gain (loss)	Change in unrealized appreciation (depreciation)	Income distributions received	Capital gain distributions received	Ending value
John Hancock Collateral Trust	484,966	$1,737,079	$72,499,068	$(69,382,994)	$(449)	$(40)	$70,597	—	$4,852,664
Emerging Markets Value Trust
John Hancock Collateral Trust	244,814	$3,968,006	$16,991,037	$(18,509,088)	$(507)	$209	$83,008	—	$2,449,657
Equity Income Trust
John Hancock Collateral Trust	638,752	$9,267,717	$69,821,757	$(72,697,620)	$(779)	$401	$19,201	—	$6,391,476
Financial Industries Trust
John Hancock Collateral Trust	—	$191,525	$359,550	$(551,087)	$12	—	$54	—	—
High Yield Trust
John Hancock Collateral Trust	550,529	$3,208,593	$19,988,650	$(17,688,413)	$(159)	$28	$23,154	—	$5,508,699
International Equity Index Trust
John Hancock Collateral Trust	1,319,981	$20,951,501	$97,503,827	$(105,246,255)	$(2,880)	$1,802	$152,965	—	$13,207,995
International Small Company Trust
John Hancock Collateral Trust	294,894	$7,803,195	$11,500,128	$(16,352,174)	$(1,824)	$1,442	$70,952	—	$2,950,767
Investment Quality Bond Trust
John Hancock Collateral Trust	6,491	$1,125,357	$3,096,200	$(4,156,578)	$(148)	$119	$4,537	—	$64,950
Lifestyle Balanced Portfolio
Select Bond	41,209,734	$562,356,901	$51,843,905	$(13,869,200)	$864,109	$(5,302,961)	—	—	$595,892,754
Strategic Equity Allocation	24,806,425	574,703,440	4,938,369	(64,223,229)	16,934,343	53,822,909	—	—	586,175,832
					$17,798,452	$48,519,948	—	—	$1,182,068,586
Lifestyle Conservative Portfolio
Select Bond	12,645,461	$186,813,798	$20,016,079	$(22,390,361)	$970,460	$(2,556,606)	—	—	$182,853,370
Strategic Equity Allocation	1,903,325	46,859,783	9,068,351	(16,785,695)	3,022,263	2,810,876	—	—	44,975,578
					$3,992,723	$254,270	—	—	$227,828,948
Lifestyle Growth Portfolio
Select Bond	130,809,194	$1,805,768,365	$146,557,985	$(46,493,917)	$2,908,239	$(17,239,726)	—	—	$1,891,500,946
Strategic Equity Allocation	184,222,443	4,495,884,799	22,712,017	(716,129,257)	190,400,225	360,308,545	—	—	4,353,176,329
					$193,308,464	$343,068,819	—	—	$6,244,677,275
Lifestyle Moderate Portfolio
Select Bond	14,969,842	$212,440,006	$19,857,645	$(14,148,579)	$779,202	$(2,464,356)	—	—	$216,463,918
Strategic Equity Allocation	5,960,751	143,764,119	2,766,879	(23,143,297)	5,907,193	11,557,654	—	—	140,852,548
					$6,686,395	$9,093,298	—	—	$357,316,466
Managed Volatility Balanced Portfolio
Blue Chip Growth	4,947,772	$244,860,729	$15,506,700	$(65,281,958)	$11,001,825	$18,343,632	—	—	$224,430,928
Bond	44,284,768	746,505,054	39,883,165	(41,818,399)	3,355,725	(20,769,649)	$17,093,651	—	727,155,896
Core Bond	18,151,801	258,812,225	9,612,904	(11,172,535)	24,348	(4,422,349)	—	—	252,854,593
Emerging Markets Equity	11,398,917	183,595,560	16,827,697	(34,453,815)	11,387,115	(14,352,041)	—	—	163,004,516
Equity Income	16,727,285	244,494,276	18,694,766	(37,505,321)	(1,039,066)	43,828,265	—	—	268,472,920
Fundamental Large Cap Core	3,700,687	286,586,286	17,014,208	(78,888,669)	19,799,498	37,999,131	—	—	282,510,454
Mid Cap Stock	1,972,540	63,168,332	3,022,949	(14,393,637)	5,545,429	(2,171,128)	—	—	55,171,945
Mid Value	5,468,023	64,442,311	1,903,414	(12,497,190)	927,586	9,473,144	—	—	64,249,265
Multifactor Developed International ETF	3,015,976	108,379,177	898,310	(16,444,194)	3,502,190	4,266,619	1,717,291	—	100,602,102
Multifactor Emerging Markets ETF	2,413,217	78,926,753	2,533,880	(11,631,669)	2,904,913	(1,302,654)	584,636	—	71,431,223

332

							Dividends and distributions
Affiliate	Ending share amount	Beginning value	Cost of purchases	Proceeds from shares sold	Realized gain (loss)	Change in unrealized appreciation (depreciation)	Income distributions received	Capital gain distributions received	Ending value
Multifactor Large Cap ETF	—	$130,841,907	$495	$(136,816,140)	$39,739,631	$(33,765,893)	—	—	—
Multifactor Mid Cap ETF	1,803,846	99,427,006	648,969	(20,901,937)	6,394,284	7,600,324	$283,729	—	$93,168,646
Multifactor Small Cap ETF	2,104,269	76,628,967	824,391	(14,237,740)	3,312,567	6,173,467	364,820	—	72,701,652
Select Bond	128,338,827	1,898,131,139	63,956,288	(90,710,149)	4,083,734	(19,681,570)	—	—	1,855,779,442
Small Cap Growth	1,173,815	33,766,015	383,034	(8,367,803)	2,759,869	2,987,555	—	—	31,528,670
Small Cap Value	3,165,585	51,422,434	4,914,795	(11,630,194)	(400,100)	10,552,652	—	—	54,859,587
Strategic Equity Allocation	52,790,238	1,351,829,731	2,820,304	(267,259,246)	69,230,863	90,811,675	—	—	1,247,433,327
					$182,530,411	$135,571,180	$20,044,127	—	$5,565,355,166
Managed Volatility Conservative Portfolio
Blue Chip Growth	381,705	$20,647,348	$2,589,322	$(8,262,154)	$1,985,766	$353,853	—	—	$17,314,135
Bond	11,326,588	204,462,129	5,417,616	(19,202,344)	1,517,724	(6,212,552)	$4,464,249	—	185,982,573
Core Bond	4,629,832	70,821,213	481,323	(5,605,352)	(8,037)	(1,195,591)	—	—	64,493,556
Emerging Markets Equity	613,100	9,805,081	2,565,141	(3,478,144)	1,334,421	(1,459,175)	—	—	8,767,324
Equity Income	1,354,343	20,685,340	1,920,482	(4,331,164)	101,768	3,360,781	—	—	21,737,207
Fundamental Large Cap Core	251,168	20,218,591	1,930,750	(6,975,995)	3,031,010	969,834	—	—	19,174,190
Multifactor Developed International ETF	12,296	458,476	12,675	(93,831)	20,615	12,215	6,987	—	410,150
Multifactor Emerging Markets ETF	125,680	4,115,506	545,897	(1,032,354)	236,648	(145,569)	29,404	—	3,720,128
Multifactor Large Cap ETF	—	9,038,161	199	(9,446,958)	2,954,596	(2,545,998)	—	—	—
Multifactor Mid Cap ETF	221,698	12,862,274	511,953	(3,695,463)	1,142,721	629,217	35,016	—	11,450,702
Multifactor Small Cap ETF	255,134	9,634,844	632,607	(2,650,123)	623,096	574,354	44,360	—	8,814,778
Select Bond	32,775,386	520,319,852	2,516,966	(44,497,750)	1,841,842	(6,248,826)	—	—	473,932,084
Strategic Equity Allocation	3,417,564	90,828,236	1,700,530	(22,390,509)	4,990,228	5,628,561	—	—	80,757,046
					$19,772,398	$(6,278,896)	$4,580,016	—	$896,553,873
Managed Volatility Growth Portfolio
Blue Chip Growth	7,633,904	$344,827,830	$38,804,483	$(84,104,008)	$14,800,190	$31,945,369	—	—	$346,273,864
Bond	32,799,206	514,317,333	68,949,652	(32,689,073)	2,617,739	(14,632,696)	$12,359,269	—	538,562,955
Core Bond	13,472,325	179,232,257	20,514,988	(9,098,213)	531,641	(3,511,190)	—	—	187,669,483
Emerging Markets Equity	23,170,369	357,317,257	30,050,210	(53,840,329)	17,696,944	(19,887,802)	—	—	331,336,280
Equity Income	25,765,668	346,851,677	40,029,849	(39,169,004)	1,049,446	64,777,009	—	—	413,538,977
Fundamental Large Cap Core	6,281,407	455,639,051	41,579,609	(120,947,978)	31,111,505	72,140,405	—	—	479,522,592
Mid Cap Stock	4,414,457	130,122,015	10,367,973	(26,052,834)	8,985,535	49,666	—	—	123,472,355
Mid Value	11,621,855	133,072,442	5,888,617	(25,957,226)	1,684,310	21,868,648	—	—	136,556,791
Multifactor Developed International ETF	6,662,920	223,570,716	9,574,452	(29,406,479)	6,225,819	12,286,517	3,775,227	—	222,251,025
Multifactor Emerging Markets ETF	4,897,104	152,609,186	7,064,608	(19,172,267)	4,784,547	(331,796)	1,196,460	—	144,954,278
Multifactor Mid Cap ETF	3,163,869	163,704,741	5,464,342	(31,941,941)	10,058,558	16,128,134	498,067	—	163,413,834

333

							Dividends and distributions
Affiliate	Ending share amount	Beginning value	Cost of purchases	Proceeds from shares sold	Realized gain (loss)	Change in unrealized appreciation (depreciation)	Income distributions received	Capital gain distributions received	Ending value
Multifactor Small Cap ETF	4,426,538	$151,375,502	$4,833,639	$(24,787,684)	$5,784,874	$15,728,786	$765,959	—	$152,935,117
Select Bond	95,577,517	1,318,958,454	146,429,562	(73,369,170)	5,215,490	(15,183,434)	—	—	1,382,050,902
Small Cap Growth	2,079,663	56,028,528	1,876,938	(12,656,181)	3,142,249	7,468,226	—	—	55,859,760
Small Cap Value	4,860,331	76,257,185	8,137,075	(16,216,771)	(1,937,130)	17,989,178	—	—	84,229,537
Strategic Equity Allocation	94,222,067	2,262,230,619	87,934,325	(414,068,392)	94,469,818	195,901,079	—	—	2,226,467,449
					$206,221,535	$402,736,099	$18,594,982	—	$6,989,095,199
Managed Volatility Moderate Portfolio
Blue Chip Growth	1,215,288	$62,879,020	$5,705,582	$(20,768,802)	$3,358,756	$3,950,901	—	—	$55,125,457
Bond	15,141,506	260,488,386	10,691,725	(16,527,006)	1,321,917	(7,351,493)	$5,863,253	—	248,623,529
Core Bond	6,210,727	90,110,484	2,636,148	(4,700,316)	(38,796)	(1,492,096)	—	—	86,515,424
Emerging Markets Equity	2,110,199	33,770,614	5,539,370	(8,585,026)	2,903,001	(3,452,117)	—	—	30,175,842
Equity Income	4,338,017	62,653,757	4,234,610	(8,224,066)	30,143	10,930,734	—	—	69,625,178
Fundamental Large Cap Core	884,987	68,994,145	5,270,282	(20,600,267)	5,159,225	8,736,526	—	—	67,559,911
Mid Cap Stock	539,663	16,887,423	1,021,272	(3,717,898)	1,461,083	(557,494)	—	—	15,094,386
Mid Value	1,398,211	17,201,567	513,974	(4,047,387)	254,098	2,506,727	—	—	16,428,979
Multifactor Developed International ETF	445,669	16,193,552	96,748	(2,579,216)	553,537	601,292	253,230	—	14,865,913
Multifactor Emerging Markets ETF	445,495	14,625,784	612,775	(2,357,371)	590,127	(284,663)	106,747	—	13,186,652
Multifactor Large Cap ETF	—	32,612,602	—	(34,121,898)	10,333,725	(8,824,429)	—	—	—
Multifactor Mid Cap ETF	233,040	12,962,782	120,119	(2,865,766)	892,685	926,696	36,725	—	12,036,516
Multifactor Small Cap ETF	287,679	10,665,142	169,035	(2,210,700)	513,835	801,882	49,830	—	9,939,194
Select Bond	43,923,495	663,003,003	15,166,711	(37,554,383)	1,784,005	(7,265,599)	—	—	635,133,737
Small Cap Growth	273,135	7,964,232	300,818	(2,284,523)	747,748	608,130	—	—	7,336,405
Small Cap Value	665,345	11,212,994	821,056	(2,694,513)	(26,016)	2,216,903	—	—	11,530,424
Strategic Equity Allocation	12,239,491	316,195,187	2,248,196	(66,643,773)	18,979,921	18,439,652	—	—	289,219,183
					$48,818,994	$20,491,552	$6,309,785	—	$1,582,396,730
Mid Cap Index Trust
John Hancock Collateral Trust	1,216,746	$7,178,283	$63,909,481	$(58,913,716)	$674	$282	$10,736	—	$12,175,004
Mid Cap Stock Trust
John Hancock Collateral Trust	4,027,216	$7,783,323	$250,902,766	$(218,390,101)	$1,865	$(724)	$49,245	—	$40,297,129
Mid Value Trust
John Hancock Collateral Trust	284,267	$3,002,702	$45,138,416	$(45,296,589)	$(185)	$87	$2,473	—	$2,844,431
Opportunistic Fixed Income Trust
John Hancock Collateral Trust	10,893	$56,869	$345,599	$(293,426)	$(47)	$1	$308	—	$108,996
Science & Technology Trust
John Hancock Collateral Trust	99,902	$9,895,989	$103,850,548	$(112,748,419)	$1,284	$233	$100,307	—	$999,635
Select Bond Trust
John Hancock Collateral Trust	989,523	$13,200,540	$275,932,950	$(279,228,910)	$(4,317)	$1,101	$3,198	—	$9,901,364
Short Term Government Income Trust
John Hancock Collateral Trust	—	—	$5,049,000	$(5,049,001)	$1	—	$1,443	—	—

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							Dividends and distributions
Affiliate	Ending share amount	Beginning value	Cost of purchases	Proceeds from shares sold	Realized gain (loss)	Change in unrealized appreciation (depreciation)	Income distributions received	Capital gain distributions received	Ending value
Small Cap Index Trust
John Hancock Collateral Trust	1,050,506	$9,853,849	$67,837,265	$(67,178,859)	$(1,799)	$1,120	$187,402	—	$10,511,576
Small Cap Opportunities Trust
John Hancock Collateral Trust	26,150	$1,188,093	$6,952,344	$(7,878,743)	$(165)	$135	$10,270	—	$261,664
Small Cap Stock Trust
John Hancock Collateral Trust	918,127	$19,198,246	$113,799,220	$(123,809,547)	$(1,998)	$1,041	$81,152	—	$9,186,962
Small Cap Value Trust
John Hancock Collateral Trust	—	$884,316	$2,741,952	$(3,626,329)	$(6)	$67	—	—	—
Small Company Value Trust
John Hancock Collateral Trust	191,977	$1,312,799	$20,944,009	$(20,335,611)	$(265)	$33	$20,270	—	$1,920,965
Strategic Equity Allocation Trust
John Hancock Collateral Trust	5,481,826	$93,350,730	$490,316,882	$(528,815,979)	$(6,313)	$6,929	$833,253	—	$54,852,249
Strategic Income Opportunities Trust
John Hancock Collateral Trust	259,881	$2,919,409	$24,456,644	$(24,775,316)	$(409)	$96	$4,373	—	$2,600,424
Total Bond Market Trust
John Hancock Collateral Trust	224,313	$2,699,062	$20,262,735	$(20,717,462)	$39	$143	$7,077	—	$2,244,517
Total Stock Market Index Trust
John Hancock Collateral Trust	1,025,376	$10,477,471	$54,723,378	$(54,940,791)	$(1,372)	$1,434	$127,736	—	$10,260,120
Ultra Short Term Bond Trust
John Hancock Collateral Trust	10,257	$104,000	$51,140,293	$(51,140,421)	$(1,233)	$(10)	$8,145	—	$102,629

Investment in affiliates of advisor. Information regarding the portfolios’ fiscal year to date purchases and sales of affiliated investments of the advisor as well as income and capital gains earned by the portfolios, if any, is as follows:

							Dividends and distributions
Affiliate	Ending share amount	Beginning value	Cost of purchases	Proceeds from shares sold	Realized gain (loss)	Change in unrealized appreciation (depreciation)	Income distributions received	Capital gain distributions received	Ending value
International Equity Index Trust
Manulife Financial Corp.	66,100	$1,224,228	$27,663	$(75,446)	$29,334	$66,539	$37,774	—	$1,272,318

Restricted securities. The portfolios may hold restricted securities which are restricted as to resale and the portfolios have limited rights to registration under the Securities Act of 1933. Disposal may involve time-consuming negotiations and expenses, and prompt sale at an acceptable price may be difficult to achieve. The following table summarizes the restricted securities held at September 30, 2021:

Issuer, Description	Original acquisition date	Acquisition cost	Beginning share amount	Shares purchased	Shares sold	Ending share amount	Value as a percentage of net assets	Ending value
Health Sciences Trust
Doximity, Inc., Class B	4-10-14	$152,390	63,2221	—	—	63,222	1.4%	$4,928,860
High Yield Trust
KCAD Holdings I, Ltd.	3-21-11	$1,353,651	165,553,563	—	—	165,553,563	0.0%2	$166
MWO Holdings LLC	8-30-16	438,156	445	—	—	445	0.0%2	3,369
New Cotai, Inc., Class B	4-12-13	—	3	—	—	3	0.0%	—
								$3,535
Mid Cap Stock Trust
Essence Group Holdings Corp.	5-1-14	$2,731,549	1,663,188	—	—	1,663,188	0.5%	$4,291,025
Lookout, Inc., Series F	7-31-14	2,338,736	211,003	—	—	211,003	0.2%	1,892,697
The Honest Company, Inc.	8-20-14	2,080,622	159,7251	—	—	159,725	0.2%	1,636,406
WeWork Companies, Inc., Series D1	12-8-14	1,181,005	92,333	—	(48,210)	44,123	0.0%2	332,345

335

Issuer, Description	Original acquisition date	Acquisition cost	Beginning share amount	Shares purchased	Shares sold	Ending share amount	Value as a percentage of net assets	Ending value
WeWork Companies, Inc., Series D2	12-8-14	$1,700,068	81,039	—	—	81,039	0.1%	$610,406
								$8,762,879
Science & Technology Trust
DiDi Chuxing, Inc.	10-19-15	$260,905	9,513	—	—	9,513	0.0%2	$285,556
Small Cap Stock Trust
The Honest Company, Inc.	8-3-15	$1,233,280	56,9761	—	—	56,976	0.1%	$583,734

1	Two-for-one stock split and/or share conversion.
2	Less than 0.05%.

American Asset Allocation Trust, American Global Growth Trust, American Growth Trust, American Growth-Income Trust and American International Trust (collectively, the JHVIT Feeder Funds), Lifestyle Balanced Portfolio, Lifestyle Conservative Portfolio, Lifestyle Growth Portfolio and Lifestyle Moderate Portfolio (collectively, the Lifestyle Portfolios) operate as "funds of funds," investing in shares of mutual funds (underlying funds). The accounting policies of the underlying funds in which the Lifestyle Portfolios invest are outlined in the underlying funds’ shareholder reports, which include the underlying funds’ financial statements. These are available on the Securities and Exchange Commission (SEC) website at www.sec.gov. John Hancock underlying funds' shareholder reports are also available without charge by calling 800-344-1029 or visiting jhannuities.com. The American Funds Insurance Series’ accounting policies are outlined in their financial statements, available at the SEC website at www.sec.gov. Capital Research and Management Company serves as investment advisor for the American Funds Insurance Series. The underlying funds are not covered by this report.

For additional information on the portfolios' significant accounting policies and risks, please refer to the portfolios' most recent semiannual or annual shareholder report and prospectus.

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