John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

500 Index Trust
	Shares or
	Principal
	Amount		Value
COMMON STOCKS – 96.9%
Communication services – 9.8%
Diversified telecommunication services – 2.0%
AT&T, Inc.		1,647,976	$	51,680,527
CenturyLink, Inc.		213,705		2,562,323
Verizon Communications, Inc.		934,707		55,269,225
				109,512,075
Entertainment – 1.8%
Activision Blizzard, Inc.		172,804		7,867,766
Electronic Arts, Inc. (A)		67,895		6,900,169
Netflix, Inc. (A)		98,761		35,214,222
Take-Two Interactive Software, Inc. (A)		25,589		2,414,834
The Walt Disney Company		398,948		44,295,249
Viacom, Inc., Class B		79,425		2,229,460
				98,921,700
Interactive media and services – 4.7%
Alphabet, Inc., Class A (A)		67,716		79,694,283
Alphabet, Inc., Class C (A)		69,526		81,575,551
Facebook, Inc., Class A (A)		539,579		89,942,424
TripAdvisor, Inc. (A)		23,009		1,183,813
Twitter, Inc. (A)		164,828		5,419,545
				257,815,616
Media – 1.3%
CBS Corp., Class B		78,802		3,745,459
Charter Communications, Inc., Class A (A)		39,272		13,623,850
Comcast Corp., Class A		1,021,785		40,850,964
Discovery, Inc., Series A (A)(B)		35,224		951,752
Discovery, Inc., Series C (A)		80,954		2,057,851
DISH Network Corp., Class A (A)		51,515		1,632,510
Fox Corp., Class A (A)		79,717		2,926,411
Fox Corp., Class B (A)		36,833		1,321,568
News Corp., Class A		86,565		1,076,869
News Corp., Class B		27,815		347,409
Omnicom Group, Inc.		50,361		3,675,849
The Interpublic Group of Companies, Inc.		86,372		1,814,676
				74,025,168
				540,274,559
Consumer discretionary – 9.8%
Auto components – 0.1%
Aptiv PLC		58,564		4,655,252
BorgWarner, Inc.		46,803		1,797,703
				6,452,955
Automobiles – 0.4%
Ford Motor Company		884,551		7,766,358
General Motors Company		296,631		11,005,010
Harley-Davidson, Inc.		36,592		1,304,871
				20,076,239
Distributors – 0.1%
Genuine Parts Company		32,980		3,694,749
LKQ Corp. (A)		71,507		2,029,369
				5,724,118
Diversified consumer services – 0.0%
H&R Block, Inc.		46,187		1,105,717
Hotels, restaurants and leisure – 1.8%
Carnival Corp.		90,926		4,611,767
Chipotle Mexican Grill, Inc. (A)		5,495		3,903,153
Darden Restaurants, Inc.		27,890		3,387,798
Hilton Worldwide Holdings, Inc.		66,012		5,486,257
Marriott International, Inc., Class A		63,627		7,959,101
McDonald’s Corp.		173,240		32,898,276
MGM Resorts International		115,541		2,964,782

500 Index Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
Hotels, restaurants and leisure (continued)
Norwegian Cruise Line Holdings, Ltd. (A)		49,433	$	2,716,838
Royal Caribbean Cruises, Ltd.		38,965		4,466,168
Starbucks Corp.		281,258		20,908,720
Wynn Resorts, Ltd.		21,992		2,624,085
Yum! Brands, Inc.		69,298		6,916,633
				98,843,578
Household durables – 0.3%
D.R. Horton, Inc.		76,947		3,184,067
Garmin, Ltd.		27,155		2,344,834
Leggett & Platt, Inc.		29,308		1,237,384
Lennar Corp., A Shares		64,636		3,172,981
Mohawk Industries, Inc. (A)		13,774		1,737,590
Newell Brands, Inc.		88,125		1,351,838
PulteGroup, Inc.		58,066		1,623,525
Whirlpool Corp.		14,339		1,905,510
				16,557,729
Internet and direct marketing retail – 3.5%
Amazon.com, Inc. (A)		93,332		166,200,959
Booking Holdings, Inc. (A)		10,183		17,768,419
eBay, Inc.		194,609		7,227,778
Expedia Group, Inc.		26,623		3,168,137
				194,365,293
Leisure products – 0.1%
Hasbro, Inc.		26,154		2,223,613
Mattel, Inc. (A)(B)		77,563		1,008,319
				3,231,932
Multiline retail – 0.5%
Dollar General Corp.		59,516		7,100,259
Dollar Tree, Inc. (A)		53,994		5,671,530
Kohl’s Corp.		37,108		2,551,917
Macy’s, Inc.		69,094		1,660,329
Nordstrom, Inc.		25,569		1,134,752
Target Corp.		118,084		9,477,422
				27,596,209
Specialty retail – 2.3%
Advance Auto Parts, Inc.		16,381		2,793,452
AutoZone, Inc. (A)		5,667		5,803,688
Best Buy Company, Inc.		52,611		3,738,538
CarMax, Inc. (A)		38,369		2,678,156
Foot Locker, Inc.		25,820		1,564,692
L Brands, Inc.		51,316		1,415,295
Lowe’s Companies, Inc.		181,170		19,832,680
O’Reilly Automotive, Inc. (A)		17,722		6,881,453
Ross Stores, Inc.		83,903		7,811,369
The Gap, Inc.		48,001		1,256,666
The Home Depot, Inc.		255,478		49,023,673
The TJX Companies, Inc.		279,947		14,895,980
Tiffany & Company		24,380		2,573,309
Tractor Supply Company		27,431		2,681,655
Ulta Beauty, Inc. (A)		12,830		4,474,206
				127,424,812
Textiles, apparel and luxury goods – 0.7%
Capri Holdings, Ltd. (A)		34,904		1,596,858
Hanesbrands, Inc.		81,064		1,449,424
NIKE, Inc., Class B		284,843		23,986,629
PVH Corp.		17,019		2,075,467
Ralph Lauren Corp.		11,824		1,533,336
Tapestry, Inc.		65,123		2,115,846
Under Armour, Inc., Class A (A)(B)		42,161		891,284
Under Armour, Inc., Class C (A)		43,226		815,675

1

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

500 Index Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
Textiles, apparel and luxury goods (continued)
VF Corp.		73,744	$	6,409,091
				40,873,610
				542,252,192
Consumer staples – 7.1%
Beverages – 1.7%
Brown-Forman Corp., Class B		37,369		1,972,336
Constellation Brands, Inc., Class A		37,710		6,611,694
Molson Coors Brewing Company, Class B		42,091		2,510,728
Monster Beverage Corp. (A)		88,476		4,829,020
PepsiCo, Inc.		317,724		38,937,076
The Coca-Cola Company		870,365		40,785,304
				95,646,158
Food and staples retailing – 1.4%
Costco Wholesale Corp.		99,654		24,130,220
Sysco Corp.		106,665		7,120,955
The Kroger Company		181,472		4,464,211
Walgreens Boots Alliance, Inc.		181,515		11,484,454
Walmart, Inc.		322,042		31,408,756
				78,608,596
Food products – 1.1%
Archer-Daniels-Midland Company		127,214		5,486,740
Campbell Soup Company (B)		43,295		1,650,838
Conagra Brands, Inc.		109,127		3,027,183
General Mills, Inc.		135,112		6,992,046
Hormel Foods Corp. (B)		61,269		2,742,400
Kellogg Company		56,928		3,266,529
Lamb Weston Holdings, Inc.		32,912		2,466,425
McCormick & Company, Inc.		27,745		4,179,229
Mondelez International, Inc., Class A		326,707		16,309,213
The Hershey Company		31,514		3,618,753
The J.M. Smucker Company		25,564		2,978,206
The Kraft Heinz Company		141,400		4,616,710
Tyson Foods, Inc., Class A		67,138		4,661,391
				61,995,663
Household products – 1.7%
Church & Dwight Company, Inc.		55,334		3,941,441
Colgate-Palmolive Company		194,905		13,358,789
Kimberly-Clark Corp.		77,821		9,642,022
The Clorox Company		29,017		4,656,068
The Procter & Gamble Company		565,837		58,875,340
				90,473,660
Personal products – 0.2%
Coty, Inc., Class A (B)		101,270		1,164,605
The Estee Lauder Companies, Inc., Class A		49,416		8,180,819
				9,345,424
Tobacco – 1.0%
Altria Group, Inc.		424,031		24,352,100
Philip Morris International, Inc.		351,666		31,083,758
				55,435,858
				391,505,359
Energy – 5.3%
Energy equipment and services – 0.5%
Baker Hughes, a GE Company		117,316		3,252,000
Halliburton Company		196,866		5,768,174
Helmerich & Payne, Inc.		24,503		1,361,387
National Oilwell Varco, Inc.		86,151		2,295,063
Schlumberger, Ltd.		313,577		13,662,550
TechnipFMC PLC		95,613		2,248,818
				28,587,992

500 Index Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
Oil, gas and consumable fuels – 4.8%
Anadarko Petroleum Corp.		113,323	$	5,153,930
Apache Corp.		85,292		2,956,221
Cabot Oil & Gas Corp.		94,853		2,475,663
Chevron Corp.		429,817		52,944,858
Cimarex Energy Company		22,958		1,604,764
Concho Resources, Inc.		45,520		5,050,899
ConocoPhillips		256,545		17,121,813
Devon Energy Corp.		99,169		3,129,774
Diamondback Energy, Inc.		35,174		3,571,216
EOG Resources, Inc.		131,192		12,486,855
Exxon Mobil Corp.		958,285		77,429,428
Hess Corp.		57,578		3,467,923
HollyFrontier Corp.		35,823		1,764,999
Kinder Morgan, Inc.		440,274		8,809,883
Marathon Oil Corp.		183,742		3,070,329
Marathon Petroleum Corp.		152,352		9,118,267
Noble Energy, Inc.		110,182		2,724,801
Occidental Petroleum Corp.		169,670		11,232,154
ONEOK, Inc.		93,229		6,511,113
Phillips 66		94,794		9,021,545
Pioneer Natural Resources Company		37,915		5,773,696
The Williams Companies, Inc.		273,949		7,867,815
Valero Energy Corp.		94,451		8,012,278
				261,300,224
				289,888,216
Financials – 12.3%
Banks – 5.2%
Bank of America Corp.		2,031,903		56,060,204
BB&T Corp.		173,175		8,057,833
Citigroup, Inc.		531,937		33,097,120
Citizens Financial Group, Inc.		103,656		3,368,820
Comerica, Inc.		35,693		2,617,011
Fifth Third Bancorp		147,331		3,715,688
First Republic Bank		37,320		3,749,167
Huntington Bancshares, Inc.		238,548		3,024,789
JPMorgan Chase & Co.		740,602		74,971,140
KeyCorp		228,682		3,601,742
M&T Bank Corp.		31,233		4,904,206
People’s United Financial, Inc.		84,821		1,394,457
Regions Financial Corp.		228,976		3,240,010
SunTrust Banks, Inc.		100,135		5,932,999
SVB Financial Group (A)		11,967		2,660,982
The PNC Financial Services Group, Inc.		102,621		12,587,492
U.S. Bancorp		340,351		16,401,515
Wells Fargo & Company		926,180		44,753,018
Zions Bancorp NA		42,108		1,912,124
				286,050,317
Capital markets – 2.5%
Affiliated Managers Group, Inc.		11,837		1,267,861
Ameriprise Financial, Inc.		30,666		3,928,315
BlackRock, Inc.		27,524		11,762,932
Cboe Global Markets, Inc.		25,214		2,406,424
CME Group, Inc.		80,922		13,318,143
E*TRADE Financial Corp.		55,745		2,588,240
Franklin Resources, Inc.		66,876		2,216,271
Intercontinental Exchange, Inc.		128,714		9,800,284
Invesco, Ltd.		89,691		1,731,933
Moody’s Corp.		37,459		6,783,450
Morgan Stanley		293,782		12,397,600
MSCI, Inc.		19,094		3,796,651
Nasdaq, Inc.		26,415		2,311,048
Northern Trust Corp.		49,175		4,445,912
Raymond James Financial, Inc.		28,979		2,330,201
S&P Global, Inc.		56,117		11,815,434

2

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

500 Index Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
Capital markets (continued)
State Street Corp.		86,050	$	5,662,951
T. Rowe Price Group, Inc.		53,452		5,351,614
The Bank of New York Mellon Corp.		198,698		10,020,340
The Charles Schwab Corp.		268,363		11,475,202
The Goldman Sachs Group, Inc.		77,470		14,873,465
				140,284,271
Consumer finance – 0.7%
American Express Company		156,458		17,100,859
Capital One Financial Corp.		105,807		8,643,374
Discover Financial Services		74,339		5,289,963
Synchrony Financial		146,981		4,688,694
				35,722,890
Diversified financial services – 1.6%
Berkshire Hathaway, Inc., Class B (A)		439,833		88,358,051
Jefferies Financial Group, Inc.		59,770		1,123,078
				89,481,129
Insurance – 2.3%
Aflac, Inc.		169,717		8,485,850
American International Group, Inc.		196,807		8,474,509
Aon PLC		54,123		9,238,796
Arthur J. Gallagher & Company		41,941		3,275,592
Assurant, Inc.		11,714		1,111,776
Brighthouse Financial, Inc. (A)		26,652		967,201
Chubb, Ltd.		103,553		14,505,704
Cincinnati Financial Corp.		34,011		2,921,545
Everest Re Group, Ltd.		9,134		1,972,579
Lincoln National Corp.		46,272		2,716,166
Loews Corp.		62,133		2,978,035
Marsh & McLennan Companies, Inc.		114,287		10,731,549
MetLife, Inc.		216,563		9,219,087
Principal Financial Group, Inc.		58,116		2,916,842
Prudential Financial, Inc.		92,252		8,476,114
The Allstate Corp.		75,134		7,076,120
The Hartford Financial Services Group, Inc.		81,707		4,062,472
The Progressive Corp.		132,106		9,523,522
The Travelers Companies, Inc.		59,525		8,164,449
Torchmark Corp.		23,060		1,889,767
Unum Group		49,157		1,662,981
Willis Towers Watson PLC		29,200		5,128,980
				125,499,636
				677,038,243
Health care – 14.1%
Biotechnology – 2.3%
AbbVie, Inc.		333,645		26,888,451
Alexion Pharmaceuticals, Inc. (A)		50,541		6,832,132
Amgen, Inc.		140,727		26,735,315
Biogen, Inc. (A)		44,484		10,515,128
Celgene Corp. (A)		158,868		14,987,607
Gilead Sciences, Inc.		288,483		18,754,280
Incyte Corp. (A)		40,317		3,467,665
Regeneron Pharmaceuticals, Inc. (A)		17,723		7,277,418
Vertex Pharmaceuticals, Inc. (A)		57,815		10,635,069
				126,093,065
Health care equipment and supplies – 3.4%
Abbott Laboratories		397,294		31,759,682
ABIOMED, Inc. (A)		10,121		2,890,456
Align Technology, Inc. (A)		16,566		4,710,211
Baxter International, Inc.		107,841		8,768,552
Becton, Dickinson and Company		60,867		15,200,316
Boston Scientific Corp. (A)		313,538		12,033,588
Danaher Corp.		142,114		18,761,890
DENTSPLY SIRONA, Inc.		50,011		2,480,045

500 Index Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
Health care equipment and supplies (continued)
Edwards Lifesciences Corp. (A)		46,978	$	8,988,301
Hologic, Inc. (A)		60,540		2,930,136
IDEXX Laboratories, Inc. (A)		19,379		4,333,144
Intuitive Surgical, Inc. (A)		25,899		14,777,451
Medtronic PLC		303,376		27,631,486
ResMed, Inc.		32,540		3,383,184
Stryker Corp.		70,070		13,840,226
Teleflex, Inc.		10,333		3,122,219
The Cooper Companies, Inc.		11,225		3,324,508
Varian Medical Systems, Inc. (A)		20,476		2,901,859
Zimmer Biomet Holdings, Inc.		46,269		5,908,551
				187,745,805
Health care providers and services – 2.6%
AmerisourceBergen Corp.		35,243		2,802,523
Anthem, Inc.		58,122		16,679,852
Cardinal Health, Inc.		68,001		3,274,248
Centene Corp. (A)		93,524		4,966,124
Cigna Corp.		85,992		13,829,233
CVS Health Corp.		293,393		15,822,684
DaVita, Inc. (A)		28,348		1,539,013
HCA Healthcare, Inc.		60,325		7,865,174
Henry Schein, Inc. (A)		34,256		2,059,128
Humana, Inc.		30,642		8,150,772
Laboratory Corp. of America Holdings (A)		22,308		3,412,678
McKesson Corp.		43,412		5,081,809
Quest Diagnostics, Inc.		30,578		2,749,574
UnitedHealth Group, Inc.		217,038		53,664,816
Universal Health Services, Inc., Class B		18,759		2,509,391
WellCare Health Plans, Inc. (A)		11,234		3,030,372
				147,437,391
Health care technology – 0.1%
Cerner Corp. (A)		73,121		4,183,252
Life sciences tools and services – 1.0%
Agilent Technologies, Inc.		71,634		5,757,941
Illumina, Inc. (A)		33,255		10,331,996
IQVIA Holdings, Inc. (A)		35,979		5,175,579
Mettler-Toledo International, Inc. (A)		5,628		4,069,044
PerkinElmer, Inc.		24,998		2,408,807
Thermo Fisher Scientific, Inc.		91,052		24,922,753
Waters Corp. (A)		16,185		4,073,926
				56,740,046
Pharmaceuticals – 4.7%
Allergan PLC		70,735		10,356,311
Bristol-Myers Squibb Company		369,352		17,621,784
Eli Lilly & Company		208,445		27,047,823
Johnson & Johnson		602,316		84,197,754
Merck & Company, Inc.		583,710		48,547,161
Mylan NV (A)		115,873		3,283,841
Nektar Therapeutics (A)		38,896		1,306,906
Perrigo Company PLC		28,088		1,352,718
Pfizer, Inc.		1,255,815		53,334,463
Zoetis, Inc.		108,515		10,924,205
				257,972,966
				780,172,525
Industrials – 9.2%
Aerospace and defense – 2.5%
Arconic, Inc.		96,649		1,846,962
General Dynamics Corp.		61,278		10,373,140
Harris Corp.		26,768		4,275,117
Huntington Ingalls Industries, Inc.		9,383		1,944,158
L3 Technologies, Inc.		17,940		3,702,278
Lockheed Martin Corp.		55,607		16,690,997

3

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

500 Index Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
Aerospace and defense (continued)
Northrop Grumman Corp.		38,379	$	10,346,978
Raytheon Company		63,950		11,644,016
Textron, Inc.		53,073		2,688,678
The Boeing Company		118,839		45,327,571
TransDigm Group, Inc. (A)		11,026		5,005,694
United Technologies Corp.		183,328		23,629,146
				137,474,735
Air freight and logistics – 0.6%
C.H. Robinson Worldwide, Inc.		30,900		2,687,991
Expeditors International of Washington, Inc.		38,785		2,943,782
FedEx Corp.		54,480		9,883,217
United Parcel Service, Inc., Class B		157,391		17,586,870
				33,101,860
Airlines – 0.4%
Alaska Air Group, Inc.		27,708		1,554,973
American Airlines Group, Inc.		90,439		2,872,343
Delta Air Lines, Inc.		140,206		7,241,640
Southwest Airlines Company		112,487		5,839,200
United Continental Holdings, Inc. (A)		50,647		4,040,618
				21,548,774
Building products – 0.3%
Allegion PLC		21,361		1,937,656
AO Smith Corp.		32,335		1,724,102
Fortune Brands Home & Security, Inc.		31,777		1,512,903
Johnson Controls International PLC		206,193		7,616,769
Masco Corp.		66,772		2,624,807
				15,416,237
Commercial services and supplies – 0.4%
Cintas Corp.		19,140		3,868,385
Copart, Inc. (A)		45,389		2,750,120
Republic Services, Inc.		48,868		3,928,010
Rollins, Inc.		33,100		1,377,622
Waste Management, Inc.		88,144		9,159,043
				21,083,180
Construction and engineering – 0.1%
Fluor Corp.		31,611		1,163,285
Jacobs Engineering Group, Inc.		26,868		2,020,205
Quanta Services, Inc.		31,367		1,183,791
				4,367,281
Electrical equipment – 0.5%
AMETEK, Inc.		51,376		4,262,667
Eaton Corp. PLC		95,810		7,718,454
Emerson Electric Company		139,029		9,519,316
Rockwell Automation, Inc.		27,120		4,758,475
				26,258,912
Industrial conglomerates – 1.4%
3M Company		130,231		27,059,397
General Electric Company		1,969,228		19,672,588
Honeywell International, Inc.		164,885		26,203,524
Roper Technologies, Inc.		23,436		8,014,409
				80,949,918
Machinery – 1.5%
Caterpillar, Inc.		130,207		17,641,746
Cummins, Inc.		32,768		5,173,084
Deere & Company		71,955		11,501,287
Dover Corp.		32,884		3,084,519
Flowserve Corp.		29,406		1,327,387
Fortive Corp.		66,681		5,593,869
Illinois Tool Works, Inc.		68,233		9,793,482
Ingersoll-Rand PLC		54,705		5,905,405
PACCAR, Inc.		78,525		5,350,694

500 Index Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
Machinery (continued)
Parker-Hannifin Corp.		29,273	$	5,023,832
Pentair PLC		35,891		1,597,508
Snap-on, Inc.		12,513		1,958,535
Stanley Black & Decker, Inc.		34,343		4,676,486
Wabtec Corp. (B)		30,187		2,225,386
Xylem, Inc. (B)		40,386		3,192,109
				84,045,329
Professional services – 0.3%
Equifax, Inc.		27,096		3,210,876
IHS Markit, Ltd. (A)		82,269		4,473,788
Nielsen Holdings PLC		79,772		1,888,203
Robert Half International, Inc.		27,298		1,778,738
Verisk Analytics, Inc.		36,994		4,920,202
				16,271,807
Road and rail – 1.0%
CSX Corp.		175,257		13,112,729
J.B. Hunt Transport Services, Inc.		19,627		1,988,019
Kansas City Southern		22,853		2,650,491
Norfolk Southern Corp.		60,492		11,305,350
Union Pacific Corp.		163,499		27,337,033
				56,393,622
Trading companies and distributors – 0.2%
Fastenal Company		64,508		4,148,509
United Rentals, Inc. (A)		18,226		2,082,321
W.W. Grainger, Inc.		10,252		3,085,134
				9,315,964
				506,227,619
Information technology – 20.5%
Communications equipment – 1.2%
Arista Networks, Inc. (A)		11,877		3,734,841
Cisco Systems, Inc.		995,637		53,754,442
F5 Networks, Inc. (A)		13,624		2,138,014
Juniper Networks, Inc.		79,568		2,106,165
Motorola Solutions, Inc.		37,124		5,212,952
				66,946,414
Electronic equipment, instruments and components – 0.4%
Amphenol Corp., Class A		67,153		6,341,929
Corning, Inc.		177,968		5,890,741
FLIR Systems, Inc.		31,090		1,479,262
IPG Photonics Corp. (A)		8,040		1,220,311
Keysight Technologies, Inc. (A)		42,749		3,727,713
TE Connectivity, Ltd.		76,451		6,173,418
				24,833,374
IT services – 5.0%
Accenture PLC, Class A		144,217		25,385,076
Akamai Technologies, Inc. (A)		36,599		2,624,514
Alliance Data Systems Corp.		10,218		1,787,946
Automatic Data Processing, Inc.		98,368		15,713,304
Broadridge Financial Solutions, Inc.		26,236		2,720,411
Cognizant Technology Solutions Corp., Class A		130,120		9,427,194
DXC Technology Company		60,729		3,905,482
Fidelity National Information
Services, Inc.		73,083		8,265,687
Fiserv, Inc. (A)		88,627		7,823,992
FleetCor Technologies, Inc. (A)		19,435		4,792,477
Gartner, Inc. (A)		20,426		3,098,216
Global Payments, Inc.		35,554		4,853,832
IBM Corp.		201,300		28,403,430
Jack Henry & Associates, Inc.		17,370		2,409,914
Mastercard, Inc., Class A		204,188		48,076,065
Paychex, Inc.		72,495		5,814,099

4

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (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)		265,400	$	27,559,136
The Western Union Company		99,508		1,837,913
Total System Services, Inc.		36,849		3,501,023
VeriSign, Inc. (A)		23,906		4,340,373
Visa, Inc., Class A		395,892		61,834,371
				274,174,455
Semiconductors and semiconductor equipment – 3.8%
Advanced Micro Devices, Inc. (A)		199,906		5,101,601
Analog Devices, Inc.		83,183		8,756,674
Applied Materials, Inc.		214,691		8,514,645
Broadcom, Inc.		89,577		26,936,700
Intel Corp.		1,017,002		54,613,007
KLA-Tencor Corp.		37,320		4,456,381
Lam Research Corp.		34,491		6,174,234
Maxim Integrated Products, Inc.		62,262		3,310,471
Microchip Technology, Inc. (B)		53,773		4,461,008
Micron Technology, Inc. (A)		253,537		10,478,684
NVIDIA Corp.		137,080		24,614,085
Qorvo, Inc. (A)		28,069		2,013,389
QUALCOMM, Inc.		273,745		15,611,677
Skyworks Solutions, Inc.		39,246		3,237,010
Texas Instruments, Inc.		212,154		22,503,175
Xilinx, Inc.		57,296		7,264,560
				208,047,301
Software – 6.2%
Adobe, Inc. (A)		110,313		29,397,311
ANSYS, Inc. (A)		19,071		3,484,462
Autodesk, Inc. (A)		49,562		7,722,751
Cadence Design Systems, Inc. (A)		63,403		4,026,725
Citrix Systems, Inc.		28,242		2,814,598
Fortinet, Inc. (A)		32,543		2,732,636
Intuit, Inc.		58,592		15,316,535
Microsoft Corp.		1,735,380		204,670,719
Oracle Corp.		576,363		30,956,457
Red Hat, Inc. (A)		40,014		7,310,558
salesforce.com, Inc. (A)		173,038		27,404,028
Symantec Corp.		143,572		3,300,720
Synopsys, Inc. (A)		34,036		3,919,245
				343,056,745
Technology hardware, storage and peripherals – 3.9%
Apple, Inc.		1,013,071		192,432,836
Hewlett Packard Enterprise Company		311,520		4,806,754
HP, Inc.		346,934		6,740,928
NetApp, Inc.		55,795		3,868,825
Seagate Technology PLC		58,527		2,802,858
Western Digital Corp.		66,123		3,177,871
Xerox Corp.		44,904		1,436,030
				215,266,102
				1,132,324,391
Materials – 2.6%
Chemicals – 1.9%
Air Products & Chemicals, Inc.		49,678		9,486,511
Albemarle Corp.		23,867		1,956,617
Celanese Corp.		29,004		2,860,084
CF Industries Holdings, Inc.		50,462		2,062,887
DowDuPont, Inc.		510,054		27,190,979
Eastman Chemical Company		31,470		2,387,944
Ecolab, Inc.		57,432		10,139,045
FMC Corp.		30,261		2,324,650
International Flavors & Fragrances, Inc.		22,762		2,931,518
Linde PLC		124,647		21,929,147
LyondellBasell Industries NV, Class A		68,866		5,790,253
PPG Industries, Inc.		53,384		6,025,452

500 Index Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
Chemicals (continued)
The Mosaic Company		79,693	$	2,176,416
The Sherwin-Williams Company		18,515		7,974,596
				105,236,099
Construction materials – 0.1%
Martin Marietta Materials, Inc.		14,093		2,835,230
Vulcan Materials Company		29,674		3,513,402
				6,348,632
Containers and packaging – 0.3%
Avery Dennison Corp.		19,004		2,147,452
Ball Corp.		75,294		4,356,511
International Paper Company		91,018		4,211,403
Packaging Corp. of America		21,235		2,110,334
Sealed Air Corp.		35,265		1,624,306
Westrock Company		58,318		2,236,495
				16,686,501
Metals and mining – 0.3%
Freeport-McMoRan, Inc.		329,820		4,251,380
Newmont Mining Corp.		121,242		4,336,826
Nucor Corp.		69,045		4,028,776
				12,616,982
				140,888,214
Real estate – 3.0%
Equity real estate investment trusts – 2.9%
Alexandria Real Estate Equities, Inc.		25,536		3,640,412
American Tower Corp.		99,794		19,665,406
Apartment Investment & Management Company, A Shares		34,964		1,758,340
AvalonBay Communities, Inc.		31,337		6,290,276
Boston Properties, Inc.		35,099		4,699,054
Crown Castle International Corp.		94,025		12,035,200
Digital Realty Trust, Inc.		47,035		5,597,165
Duke Realty Corp.		82,247		2,515,113
Equinix, Inc.		18,856		8,544,785
Equity Residential		83,706		6,304,736
Essex Property Trust, Inc.		14,846		4,294,057
Extra Space Storage, Inc.		28,961		2,951,416
Federal Realty Investment Trust		16,995		2,342,761
HCP, Inc.		107,301		3,358,521
Host Hotels & Resorts, Inc.		166,757		3,151,707
Iron Mountain, Inc.		64,320		2,280,787
Kimco Realty Corp.		94,695		1,751,858
Mid-America Apartment Communities, Inc.		25,582		2,796,880
Prologis, Inc.		142,622		10,261,653
Public Storage		33,954		7,394,502
Realty Income Corp.		68,740		5,056,514
Regency Centers Corp.		38,077		2,569,817
SBA Communications Corp. (A)		25,466		5,084,542
Simon Property Group, Inc.		69,908		12,737,937
SL Green Realty Corp.		19,162		1,723,047
The Macerich Company		23,773		1,030,560
UDR, Inc.		61,921		2,814,929
Ventas, Inc.		80,941		5,164,845
Vornado Realty Trust		38,913		2,624,293
Welltower, Inc.		87,421		6,783,870
Weyerhaeuser Company		168,361		4,434,629
				161,659,612
Real estate management and development – 0.1%
CBRE Group, Inc., Class A (A)		70,187		3,470,747
				165,130,359
Utilities – 3.2%

5

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

500 Index Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
Electric utilities – 1.9%
Alliant Energy Corp.		53,020	$	2,498,833
American Electric Power Company, Inc.		111,514		9,339,298
Duke Energy Corp.		164,373		14,793,570
Edison International		74,045		4,584,866
Entergy Corp.		42,856		4,098,319
Evergy, Inc.		57,577		3,342,345
Eversource Energy		71,962		5,105,704
Exelon Corp.		219,263		10,991,654
FirstEnergy Corp.		113,900		4,739,379
NextEra Energy, Inc.		108,123		20,902,338
Pinnacle West Capital Corp.		25,187		2,407,373
PPL Corp.		163,476		5,188,728
The Southern Company		233,935		12,089,761
Xcel Energy, Inc.		116,449		6,545,598
				106,627,766
Gas utilities – 0.0%
Atmos Energy Corp.		26,260		2,702,942
Independent power and renewable electricity producers – 0.1%
AES Corp.		148,833		2,690,901
NRG Energy, Inc.		63,582		2,700,963
				5,391,864
Multi-utilities – 1.1%
Ameren Corp.		55,625		4,091,219
CenterPoint Energy, Inc.		112,628		3,457,680
CMS Energy Corp.		63,671		3,536,287
Consolidated Edison, Inc.		72,571		6,154,747
Dominion Energy, Inc.		180,775		13,858,212
DTE Energy Company		41,309		5,152,885
NiSource, Inc.		84,213		2,413,545
Public Service Enterprise Group, Inc.		114,477		6,801,079
Sempra Energy		61,956		7,797,782
WEC Energy Group, Inc.		71,587		5,661,100
				58,924,536
Water utilities – 0.1%
American Water Works Company, Inc.		41,089		4,283,939
				177,931,047
TOTAL COMMON STOCKS (Cost $2,700,522,126)			$	5,343,632,724
SECURITIES LENDING COLLATERAL – 0.3%
John Hancock Collateral Trust, 2.6031% (C)(D)		1,606,176		16,072,681
TOTAL SECURITIES LENDING COLLATERAL (Cost $16,072,923)			$	16,072,681

500 Index Trust (continued)
	Shares or
	Principal
	Amount		Value
SHORT-TERM INVESTMENTS – 3.1%
U.S. Government Agency – 2.9%
Federal Home Loan Bank Discount Note
2.380%, 04/04/2019 *	$	20,000,000	$	19,995,967
2.390%, 04/17/2019 *		15,000,000		14,983,867
2.402%, 05/03/2019 *		30,000,000		29,935,467
2.410%, 04/15/2019 *		50,000,000		49,952,945
2.410%, 06/12/2019 *		20,000,000		19,903,200
2.425%, 04/30/2019 *		25,000,000		24,951,264
				159,722,710
Repurchase agreement – 0.2%
Repurchase Agreement with State Street Corp. dated 3-29-19 at 1.300% to be repurchased at $7,555,818 on 4-1-19, collateralized by $7,870,000 U.S. Treasury Notes, 1.125% due 9-30-21 (valued at $7,710,869, including interest)		7,555,000		7,555,000
TOTAL SHORT-TERM INVESTMENTS (Cost $167,268,845)			$	167,277,710
Total Investments (500 Index Trust) (Cost $2,883,863,894) – 100.3%			$	5,526,983,115
Other assets and liabilities, net – (0.3%)				(13,797,792	)
TOTAL NET ASSETS – 100.0%			$	5,513,185,323

Security Abbreviations and Legend

(A) Non-income producing security.

(B) All or a portion of this security is on loan as of 3-31-19. The value of securities on loan amounted to $15,741,053.

(C) The rate shown is the annualized seven-day yield as of 3-31-19.

(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

Unrealized

Number of

Expiration

Notional

Notional

appreciation

Open contracts

contracts

Position

date

basis^

value^

(depreciation)

S&P 500 Index E-Mini Futures

1,276

Long

Jun 2019

$

176,240,229

$

181,064,400

$

4,824,171

$

4,824,171

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

See Notes to Portfolio of Investments regarding investment transactions and other derivatives information.

6

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Active Bond Trust
	Shares or
	Principal
	Amount		Value
U.S. GOVERNMENT AND AGENCY OBLIGATIONS – 39.1%
U.S. Government – 14.5%
U.S. Treasury Bonds
2.500%, 02/15/2045	$	4,501,000	$	4,256,258
2.750%, 11/15/2042		8,595,000		8,570,491
3.000%, 02/15/2047		11,632,000		12,098,643
3.375%, 11/15/2048		15,700,000		17,513,473
U.S. Treasury Notes
2.000%, 07/31/2022 to 02/15/2025		3,700,000		3,660,425
2.375%, 12/31/2020 to 05/15/2027		17,036,000		17,110,043
2.625%, 02/15/2029		13,488,000		13,750,384
2.750%, 02/15/2028		14,040,000		14,453,522
2.875%, 08/15/2028		10,000,000		10,400,781
				101,814,020
U.S. Government Agency – 24.6%
Federal Home Loan Mortgage Corp.
3.000%, 10/01/2031 to 04/01/2047		10,141,952		10,177,787
3.500%, 10/01/2046 to 11/01/2048		16,830,024		17,218,387
4.000%, 01/01/2041 to 08/01/2048		3,854,393		4,018,695
4.500%, 09/01/2023 to 10/01/2041		2,785,272		2,949,530
5.000%, 03/01/2041		200,793		216,491
Federal National Mortgage Association
3.000%, TBA (A)		31,250,000		31,109,197
3.000%, 07/01/2027 to 10/01/2047		6,350,942		6,353,339
3.500%, TBA (A)		25,000,000		25,337,048
3.500%, 02/01/2026 to 03/01/2048		14,326,032		14,663,629
4.000%, TBA (A)		16,000,000		16,455,414
4.000%, 10/01/2025 to 10/01/2048		17,527,982		18,203,936
4.339%, (12 month LIBOR + 1.624%), 08/01/2034 (B)		437,339		455,927
4.500%, 08/01/2040 to 07/01/2048		10,280,068		10,853,380
4.872%, (6 month LIBOR + 2.122%), 07/01/2033 (B)		20,113		21,006
5.000%, 07/01/2019 to 04/01/2041		3,759,193		4,058,237
5.500%, 09/01/2034 to 11/01/2039		3,482,881		3,819,150
6.000%, 05/01/2035 to 02/01/2036		2,067,470		2,317,024
6.500%, 01/01/2039		496,868		567,726
7.000%, 09/01/2031 to 06/01/2032		146,016		166,663
7.500%, 09/01/2029 to 08/01/2031		35,750		40,771
Government National Mortgage Association
4.000%, 02/15/2041		2,156,173		2,251,724
5.000%, 04/15/2035		291,268		311,243
5.500%, 03/15/2035		224,767		246,056
6.000%, 03/15/2033 to 06/15/2033		183,710		204,774
6.500%, 09/15/2028 to 08/15/2031		47,141		52,316
7.000%, 04/15/2029		42,008		47,045
8.000%, 10/15/2026		19,594		21,858
				172,138,353
TOTAL U.S. GOVERNMENT AND AGENCY OBLIGATIONS (Cost $268,021,440)			$	273,952,373
FOREIGN GOVERNMENT OBLIGATIONS – 0.7%
Argentina – 0.1%
Provincia de Buenos Aires 7.875%, 06/15/2027 (C)		260,000		189,150
Republic of Argentina 5.875%, 01/11/2028 (D)		436,000		334,412
Republic of Argentina, GDP-Linked Note 5.785%, 12/15/2035 (E)*	ARS	19,532,033		8,693
				532,255
Germany – 0.2%
Federal Republic of Germany 6.250%, 01/04/2030	EUR	725,000		1,371,774

Active Bond Trust (continued)
	Shares or
	Principal
	Amount		Value
FOREIGN GOVERNMENT OBLIGATIONS (continued)
Mexico – 0.1%
Government of Mexico 8.000%, 12/07/2023	MXN	11,861,100	$	615,150
Panama – 0.1%
Republic of Panama
8.875%, 09/30/2027	$	344,000		475,958
9.375%, 04/01/2029		130,000		189,670
				665,628
Qatar – 0.1%
State of Qatar
3.375%, 03/14/2024		493,000		497,723
5.103%, 04/23/2048 (C)		335,000		366,199
				863,922
Saudi Arabia – 0.1%
Kingdom of Saudi Arabia 4.375%, 04/16/2029 (C)		640,000		666,541
United Kingdom – 0.0%
Government of United Kingdom 6.000%, 12/07/2028	GBP	85,000		162,192
TOTAL FOREIGN GOVERNMENT OBLIGATIONS (Cost $4,926,447)			$	4,877,462
CORPORATE BONDS – 38.0%
Communication services – 4.5%
21st Century Fox America, Inc.
6.650%, 11/15/2037	$	500,000		690,667
6.750%, 01/09/2038		108,000		149,062
7.750%, 12/01/2045		491,000		753,040
Activision Blizzard, Inc. 3.400%, 09/15/2026		368,000		360,805
Altice Financing SA 6.625%, 02/15/2023 (C)		275,000		281,188
AT&T, Inc. 4.350%, 03/01/2029 to 06/15/2045		823,000		811,774
C&W Senior Financing DAC 6.875%, 09/15/2027 (C)		315,000		315,788
Cablevision Systems Corp. 5.875%, 09/15/2022		280,000		292,600
CBS Corp.
3.375%, 03/01/2022		175,000		176,402
3.700%, 08/15/2024		280,000		284,722
CC Holdings GS V LLC 3.849%, 04/15/2023		365,000		373,870
Cengage Learning, Inc. 9.500%, 06/15/2024 (C)		432,000		356,400
CenturyLink, Inc. 7.600%, 09/15/2039		1,000,000		877,500
Charter Communications Operating LLC
4.200%, 03/15/2028		782,000		776,662
5.750%, 04/01/2048		775,000		811,309
6.484%, 10/23/2045		735,000		824,677
Cincinnati Bell, Inc. 7.000%, 07/15/2024 (C)(D)		482,000		443,720
Clear Channel Worldwide Holdings, Inc. 6.500%, 11/15/2022		329,000		335,991
Comcast Corp.
3.969%, 11/01/2047		633,000		611,915
3.999%, 11/01/2049		761,000		741,911
Comunicaciones Celulares SA 6.875%, 02/06/2024 (C)		700,000		727,125
CSC Holdings LLC
5.375%, 02/01/2028 (C)		200,000		200,500
5.500%, 04/15/2027 (C)		230,000		234,865
7.500%, 04/01/2028 (C)		280,000		300,034

7

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Active Bond Trust (continued)
	Shares or
	Principal
	Amount		Value
CORPORATE BONDS (continued)
Communication services (continued)
Deutsche Telekom International Finance BV 8.750%, 06/15/2030	$	758,000	$	1,044,766
Discovery Communications LLC 2.800%, 06/15/2020 (C)		600,000		597,426
GCI LLC 6.875%, 04/15/2025		250,000		260,938
Historic TW, Inc. 7.570%, 02/01/2024		716,000		844,623
Lions Gate Capital Holdings LLC 5.875%, 11/01/2024 (C)		200,000		206,000
Liquid Telecommunications Financing PLC 8.500%, 07/13/2022 (C)		280,000		288,308
McGraw-Hill Global Education Holdings LLC 7.875%, 05/15/2024 (C)		262,000		212,220
MDC Partners, Inc. 6.500%, 05/01/2024 (C)(D)		492,000		407,130
Millicom International Cellular SA 6.250%, 03/25/2029 (C)		300,000		305,193
MTN Mauritius Investments, Ltd. 4.755%, 11/11/2024 (C)		140,000		132,884
Myriad International Holdings BV 5.500%, 07/21/2025 (C)		365,000		390,257
National CineMedia LLC 6.000%, 04/15/2022		146,000		147,460
Netflix, Inc.
4.875%, 04/15/2028		355,000		351,450
5.875%, 11/15/2028 (C)		540,000		570,375
Oztel Holdings SPC, Ltd. 6.625%, 04/24/2028 (C)		315,000		307,268
Rackspace Hosting, Inc. 8.625%, 11/15/2024 (C)(D)		335,000		298,445
Radiate Holdco LLC
6.625%, 02/15/2025 (C)		340,000		328,100
6.875%, 02/15/2023 (C)		120,000		118,800
Sirius XM Radio, Inc.
5.000%, 08/01/2027 (C)		671,000		671,403
5.375%, 07/15/2026 (C)		350,000		356,125
Sprint Capital Corp. 6.875%, 11/15/2028		557,000		535,416
Sprint Corp. 7.875%, 09/15/2023		365,000		383,250
Sprint Spectrum Company LLC 3.360%, 03/20/2023 (C)		228,125		228,057
Telecom Argentina SA 6.500%, 06/15/2021 (C)		240,000		237,840
Telecom Italia Capital SA 7.200%, 07/18/2036		465,000		472,161
Telecom Italia SpA 5.303%, 05/30/2024 (C)		335,000		336,675
Time Warner Cable LLC 5.500%, 09/01/2041		450,000		445,414
Time Warner Entertainment Company LP 8.375%, 07/15/2033		300,000		391,584
Tribune Media Company 5.875%, 07/15/2022		350,000		357,219
UPC Holding BV 5.500%, 01/15/2028 (C)		240,000		239,400
Verizon Communications, Inc.
4.272%, 01/15/2036		1,311,000		1,327,904
4.400%, 11/01/2034		400,000		416,689
4.522%, 09/15/2048		978,000		1,005,029
4.672%, 03/15/2055		715,000		731,707

Active Bond Trust (continued)
	Shares or
	Principal
	Amount		Value
CORPORATE BONDS (continued)
Communication services (continued)
Verizon Communications, Inc. (continued)
4.862%, 08/21/2046	$	815,000	$	871,057
5.012%, 08/21/2054		591,000		633,423
Viacom, Inc. 4.375%, 03/15/2043		642,000		576,067
Viacom, Inc. (6.250% to 2-28-27, then 3 month LIBOR + 3.899%) 02/28/2057		350,000		350,875
Vodafone Group PLC (7.000% to 4-4-29, then 5 Year U.S. Swap Rate + 4.873%) 04/04/2079		595,000		604,769
Warner Media LLC 3.800%, 02/15/2027		372,000		370,093
7.625%, 04/15/2031		451,000		591,493
West Corp. 8.500%, 10/15/2025 (C)		170,000		146,200
WMG Acquisition Corp.
4.875%, 11/01/2024 (C)		135,000		136,688
5.500%, 04/15/2026 (C)		234,000		240,143
				31,200,851
Consumer discretionary – 2.6%
Advance Auto Parts, Inc. 4.500%, 12/01/2023		650,000		682,117
Amazon.com, Inc.
3.150%, 08/22/2027		680,000		685,650
4.050%, 08/22/2047		440,000		465,382
AutoZone, Inc. 3.125%, 04/21/2026		535,000		521,337
Brinker International, Inc. 3.875%, 05/15/2023		740,000		709,475
CCM Merger, Inc. 6.000%, 03/15/2022 (C)		260,000		266,825
Daimler Finance North America LLC 3.750%, 11/05/2021 (C)		576,000		586,116
Dollar Tree, Inc. 4.200%, 05/15/2028		870,000		867,729
eBay, Inc. 3.800%, 03/09/2022		520,000		531,384
Eldorado Resorts, Inc.
6.000%, 09/15/2026		160,000		162,400
7.000%, 08/01/2023		95,000		99,409
Expedia Group, Inc.
3.800%, 02/15/2028		778,000		751,132
5.000%, 02/15/2026		760,000		805,170
Ford Motor Credit Company LLC
3.336%, 03/18/2021		350,000		344,723
3.813%, 10/12/2021		795,000		787,742
5.875%, 08/02/2021		689,000		713,846
General Motors Company 4.875%, 10/02/2023		596,000		620,900
General Motors Financial Company, Inc.
3.550%, 04/09/2021		405,000		407,148
4.000%, 01/15/2025		539,000		529,086
4.300%, 07/13/2025		445,000		442,785
GLP Capital LP 5.375%, 04/15/2026		357,000		373,029
Graham Holdings Company 5.750%, 06/01/2026 (C)		115,000		120,750
Grain Spectrum Funding II LLC 3.290%, 10/10/2019 (C)		454,820		453,633
Hilton Domestic Operating Company, Inc. 5.125%, 05/01/2026 (C)		190,000		192,850
Hilton Grand Vacations Borrower LLC 6.125%, 12/01/2024		171,000		177,413

8

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Active Bond Trust (continued)
	Shares or
	Principal
	Amount		Value
CORPORATE BONDS (continued)
Consumer discretionary (continued)
Hyatt Hotels Corp. 3.375%, 07/15/2023	$	660,000	$	662,699
International Game Technology PLC 6.500%, 02/15/2025 (C)		245,000		254,800
Jacobs Entertainment, Inc. 7.875%, 02/01/2024 (C)		205,000		214,738
JB Poindexter & Company, Inc. 7.125%, 04/15/2026 (C)		100,000		100,283
Laureate Education, Inc. 8.250%, 05/01/2025 (C)		209,000		226,765
Lear Corp. 5.250%, 01/15/2025		352,000		366,087
Marriott International, Inc. 3.125%, 06/15/2026		500,000		483,513
MDC Holdings, Inc. 5.500%, 01/15/2024		670,000		688,425
Nissan Motor Acceptance Corp. 3.650%, 09/21/2021 (C)		270,000		271,456
QVC, Inc.
4.375%, 03/15/2023		315,000		319,634
5.125%, 07/02/2022		250,000		262,017
5.450%, 08/15/2034		245,000		238,334
Vista Outdoor, Inc. 5.875%, 10/01/2023 (D)		246,000		228,780
Waterford Gaming LLC 8.625%, 09/15/2014 (C)(F)(G)		343,849		0
Wyndham Destinations, Inc.
5.400%, 04/01/2024		221,000		224,315
5.750%, 04/01/2027		700,000		694,330
Yum! Brands, Inc.
5.350%, 11/01/2043		600,000		519,000
6.875%, 11/15/2037		292,000		294,920
				18,348,127
Consumer staples – 1.1%
Alimentation Couche-Tard, Inc. 2.700%, 07/26/2022 (C)		315,000		311,816
Anheuser-Busch InBev Worldwide, Inc. 4.439%, 10/06/2048		730,000		688,053
4.600%, 04/15/2048		400,000		385,512
Bunge, Ltd. Finance Corp. 3.250%, 08/15/2026		500,000		449,257
Conagra Brands, Inc. 3.800%, 10/22/2021		261,000		265,845
Constellation Brands, Inc. 3.200%, 02/15/2023		395,000		397,674
CVS Pass-Through Trust 8.353%, 07/10/2031 (C)		1,005,322		1,242,059
Fomento Economico Mexicano SAB de CV 4.375%, 05/10/2043		1,000,000		1,016,080
Keurig Dr. Pepper, Inc. 3.551%, 05/25/2021 (C)		665,000		672,245
Kraft Heinz Foods Company 4.875%, 02/15/2025 (C)		312,000		319,142
Natura Cosmeticos SA 5.375%, 02/01/2023 (C)		475,000		476,425
Reynolds American, Inc. 4.850%, 09/15/2023		1,000,000		1,055,334
Simmons Foods, Inc. 5.750%, 11/01/2024 (C)		235,000		206,213
				7,485,655
Energy – 6.4%
Anadarko Petroleum Corp.
4.500%, 07/15/2044		400,000		377,597
5.550%, 03/15/2026		800,000		873,241

Active Bond Trust (continued)
	Shares or
	Principal
	Amount		Value
CORPORATE BONDS (continued)
Energy (continued)
Andeavor Logistics LP 4.250%, 12/01/2027	$	221,000	$	222,643
5.250%, 01/15/2025		100,000		103,849
6.375%, 05/01/2024		305,000		319,488
Andeavor Logistics LP (6.875% to 2-15-23, then 3 month LIBOR + 4.652%) 02/15/2023 (H)		506,000		508,530
Antero Midstream Partners LP 5.375%, 09/15/2024		315,000		317,457
Antero Resources Corp. 5.125%, 12/01/2022		410,000		412,173
Apache Corp. 5.100%, 09/01/2040		325,000		321,752
Archrock Partners LP 6.000%, 04/01/2021 to 10/01/2022		713,000		715,287
Boardwalk Pipelines LP 3.375%, 02/01/2023		850,000		833,597
BP Capital Markets PLC 2.750%, 05/10/2023		530,000		528,153
Buckeye Partners LP 3.950%, 12/01/2026		500,000		475,764
Cameron International Corp. 5.950%, 06/01/2041		1,178,000		1,415,659
Cenovus Energy, Inc. 4.450%, 09/15/2042		445,000		394,149
Cheniere Corpus Christi Holdings LLC
5.125%, 06/30/2027		531,000		556,886
5.875%, 03/31/2025		220,000		239,250
Chesapeake Energy Corp. 7.500%, 10/01/2026 (D)		214,000		210,212
Cimarex Energy Company 4.375%, 06/01/2024		745,000		774,406
CNOOC Finance 2003, Ltd. 5.500%, 05/21/2033 (C)		545,000		648,994
CNOOC Petroleum NA ULC 6.400%, 05/15/2037		775,000		997,518
Colorado Interstate Gas Company LLC 4.150%, 08/15/2026 (C)		247,000		251,267
Columbia Pipeline Group, Inc. 4.500%, 06/01/2025		269,000		280,927
ConocoPhillips Company 5.950%, 03/15/2046		575,000		760,153
Continental Resources, Inc.
4.900%, 06/01/2044		400,000		407,110
5.000%, 09/15/2022		707,000		712,284
CSI Compressco LP
7.250%, 08/15/2022		465,000		406,875
7.500%, 04/01/2025 (C)		393,000		375,315
DCP Midstream LP (7.375% to 12-15-22, then 3 month LIBOR + 5.148%) 12/15/2022 (H)		415,000		407,219
DCP Midstream Operating LP (5.850% to 5-21-23, then 3 month LIBOR + 3.850%) 05/21/2043 (C)		600,000		559,500
Devon Energy Corp. 5.000%, 06/15/2045		600,000		629,481
Devon Financing Company LLC 7.875%, 09/30/2031		874,000		1,143,492
Diamondback Energy, Inc. 4.750%, 11/01/2024 (C)		256,000		261,709
Enable Midstream Partners LP
3.900%, 05/15/2024		411,000		408,309
4.950%, 05/15/2028		520,000		528,874
Enbridge Energy Partners LP 4.375%, 10/15/2020		440,000		449,627

9

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Active Bond Trust (continued)
	Shares or
	Principal
	Amount		Value
CORPORATE BONDS (continued)
Energy (continued)
Enbridge Energy Partners LP (continued)
7.500%, 04/15/2038	$	600,000	$	808,808
Enbridge, Inc. (5.500% to 7-15-27, then 3 month LIBOR + 3.418%) 07/15/2077		460,000		434,700
Enbridge, Inc. (6.250% to 3-1-28, then 3 month LIBOR + 3.641%) 03/01/2078		394,000		391,242
Energen Corp. 4.625%, 09/01/2021		500,000		504,375
Energy Transfer Operating LP
4.150%, 10/01/2020		1,000,000		1,016,215
4.200%, 04/15/2027		181,000		181,959
4.250%, 03/15/2023		555,000		570,209
5.150%, 03/15/2045		405,000		390,522
5.875%, 01/15/2024		265,000		290,021
5.950%, 10/01/2043		300,000		316,873
Energy Transfer Partners LP
5.000%, 10/01/2022		50,000		52,732
5.875%, 03/01/2022		45,000		48,116
Enterprise Products Operating LLC 6.875%, 03/01/2033		471,000		605,301
Enterprise Products Operating LLC (5.250% to 8-16-27, then 3 month LIBOR + 3.033%) 08/16/2077		714,000		660,450
Hess Corp.
5.600%, 02/15/2041		400,000		407,432
5.800%, 04/01/2047		500,000		522,096
Husky Energy, Inc. 3.950%, 04/15/2022		392,000		401,185
Kinder Morgan Energy Partners LP
5.000%, 10/01/2021		500,000		521,805
7.300%, 08/15/2033		603,000		748,940
7.750%, 03/15/2032		240,000		309,981
Kinder Morgan, Inc. 3.150%, 01/15/2023		232,000		232,541
Marathon Oil Corp. 6.800%, 03/15/2032		785,000		937,429
MPLX LP
4.000%, 03/15/2028		420,000		417,576
4.800%, 02/15/2029		215,000		226,446
Murphy Oil Corp. 5.750%, 08/15/2025		222,000		229,240
National Oilwell Varco, Inc. 2.600%, 12/01/2022		600,000		588,447
Newfield Exploration Company
5.625%, 07/01/2024		690,000		753,515
5.750%, 01/30/2022		467,000		498,326
Noble Energy, Inc. 4.150%, 12/15/2021		600,000		614,573
Noble Holding International, Ltd. 5.250%, 03/15/2042		500,000		300,000
Occidental Petroleum Corp. 3.400%, 04/15/2026		310,000		316,917
ONEOK Partners LP
5.000%, 09/15/2023		220,000		233,931
6.650%, 10/01/2036		835,000		956,430
Parsley Energy LLC 5.625%, 10/15/2027 (C)		310,000		309,225
Petrobras Global Finance BV
5.750%, 02/01/2029		84,000		83,202
7.375%, 01/17/2027		565,000		623,619
Petroleos Mexicanos
4.875%, 01/24/2022		450,000		453,830
5.375%, 03/13/2022		115,000		117,185

Active Bond Trust (continued)
	Shares or
	Principal
	Amount		Value
CORPORATE BONDS (continued)
Energy (continued)
Plains All American Pipeline LP 4.900%, 02/15/2045	$	750,000	$	720,645
Sabine Pass Liquefaction LLC
4.200%, 03/15/2028		358,000		361,243
5.000%, 03/15/2027		336,000		356,193
5.750%, 05/15/2024		585,000		645,012
5.875%, 06/30/2026		200,000		222,600
Sinopec Group Overseas Development 2015, Ltd. 3.250%, 04/28/2025 (C)		550,000		546,080
SM Energy Company 6.625%, 01/15/2027		80,000		76,000
Sunoco Logistics Partners Operations LP
3.450%, 01/15/2023		1,080,000		1,084,829
3.900%, 07/15/2026		575,000		572,389
4.400%, 04/01/2021		329,000		337,765
5.400%, 10/01/2047		324,000		323,276
Tallgrass Energy Partners LP 4.750%, 10/01/2023 (C)		294,000		295,746
Targa Resources Partners LP 5.875%, 04/15/2026 (C)		300,000		317,100
Teekay Offshore Partners LP 8.500%, 07/15/2023 (C)		315,000		308,700
The Williams Companies, Inc.
3.750%, 06/15/2027		375,000		372,709
4.300%, 03/04/2024		700,000		728,092
4.550%, 06/24/2024		620,000		654,810
5.750%, 06/24/2044		330,000		363,570
WPX Energy, Inc. 5.250%, 09/15/2024		135,000		136,350
YPF SA 8.500%, 07/28/2025 (C)		355,000		348,344
				44,675,594
Financials – 11.1%
Ally Financial, Inc. 5.125%, 09/30/2024		620,000		651,775
Ambac Assurance Corp. 5.100%, 06/07/2020 (C)		131		185
Ambac LSNI LLC (3 month LIBOR + 5.000%) 7.803%, 02/12/2023 (B)(C)		570		574
American Express Company 2.500%, 08/01/2022		575,000		568,477
American International Group, Inc. 3.900%, 04/01/2026		830,000		836,015
American International Group, Inc. (6.250% to 3-15-37, then 3 month LIBOR + 2.056%) 03/15/2087		100,000		99,000
Ameriprise Financial, Inc. 2.875%, 09/15/2026		500,000		489,588
Aquarius & Investments PLC (6.375% to 9-1-19, then 5 Year U.S. Swap Rate + 5.210%) 09/01/2024		420,000		423,809
Ares Capital Corp. 3.625%, 01/19/2022		396,000		396,912
ASP AMC Merger Sub, Inc. 8.000%, 05/15/2025 (C)		280,000		126,000
Assurant, Inc. 4.000%, 03/15/2023		1,260,000		1,275,989
Australia & New Zealand Banking Group, Ltd. (6.750% to 6-15-26, then 5 Year U.S. ISDAFIX + 5.168%) 06/15/2026 (C)(H)		235,000		248,806
AXA SA 8.600%, 12/15/2030		170,000		222,700

10

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Active Bond Trust (continued)
	Shares or
	Principal
	Amount		Value
CORPORATE BONDS (continued)
Financials (continued)
Banco Santander SA 4.379%, 04/12/2028	$	400,000	$	405,519
Bank of America Corp.
3.950%, 04/21/2025		473,000		482,034
4.200%, 08/26/2024		225,000		233,001
4.450%, 03/03/2026		585,000		609,996
Bank of America Corp. (3.004% to 12-20-22, then 3 month LIBOR + 0.790%) 12/20/2023		1,149,000		1,145,988
Bank of America Corp. (3.419% to 12-20-27, then 3 month LIBOR + 1.040%) 12/20/2028		1,087,000		1,063,904
Bank of America Corp. (6.300% to 3-10-26, then 3 month LIBOR + 4.553%) 03/10/2026 (H)		680,000		738,650
Barclays Bank PLC 10.179%, 06/12/2021 (C)		235,000		266,064
Barclays PLC 4.375%, 01/12/2026		300,000		301,451
Barclays PLC (7.750% to 9-15-23, then 5 Year U.S. Swap Rate + 4.842%) 09/15/2023 (H)		370,000		370,629
BPCE SA
4.500%, 03/15/2025 (C)		405,000		407,492
5.700%, 10/22/2023 (C)		340,000		362,283
Brighthouse Financial, Inc. 3.700%, 06/22/2027		700,000		631,386
Capital One Financial Corp.
3.450%, 04/30/2021		625,000		632,687
3.500%, 06/15/2023		1,338,000		1,354,957
3.750%, 07/28/2026		500,000		487,386
3.900%, 01/29/2024		300,000		306,708
Citigroup, Inc.
2.350%, 08/02/2021		635,000		627,689
3.500%, 05/15/2023		1,060,000		1,075,228
4.500%, 01/14/2022		1,000,000		1,043,272
4.600%, 03/09/2026		746,000		779,841
5.500%, 09/13/2025		215,000		235,811
Citigroup, Inc. (6.250% to 8-15-26, then 3 month LIBOR + 4.517%) 08/15/2026 (H)		465,000		489,413
CNO Financial Group, Inc. 5.250%, 05/30/2025		398,000		411,930
Cooperatieve Rabobank UA (11.000% to 6-30-19, then 3 month LIBOR + 10.868%) 06/30/2019 (C)(H)		308,000		313,775
Credit Acceptance Corp. 6.125%, 02/15/2021		325,000		325,406
Credit Agricole SA 4.375%, 03/17/2025 (C)		600,000		610,823
Credit Agricole SA (7.875% to 1-23-24, then 5 Year U.S. Swap Rate + 4.898%) 01/23/2024 (C)(H)		310,000		332,666
Credit Suisse Group AG (7.500% to 12-11-23, then 5 Year U.S. Swap Rate + 4.598%) 12/11/2023 (C)(H)		245,000		259,088
Credit Suisse Group AG (7.500% to 7-17-23, then 5 Year U.S. Swap Rate + 4.600%) 07/17/2023 (C)(H)		410,000		421,788
Credit Suisse Group Funding Guernsey, Ltd. 4.550%, 04/17/2026		405,000		423,329
Credito Real SAB de CV 7.250%, 07/20/2023 (C)		185,000		190,319

Active Bond Trust (continued)
	Shares or
	Principal
	Amount		Value
CORPORATE BONDS (continued)
Financials (continued)
Credito Real SAB de CV (9.125% to 11-29-22, then 10 Year CMT + 7.026%) 11/29/2022 (C)(H)	$	195,000	$	188,906
Danske Bank A/S 5.000%, 01/12/2022 (C)		375,000		384,042
Discover Financial Services
3.950%, 11/06/2024		580,000		590,919
4.100%, 02/09/2027		167,000		167,077
5.200%, 04/27/2022		115,000		121,608
Doric Nimrod Air Alpha 2013-1 Class B Pass Through Trust 6.125%, 11/30/2021 (C)		19,900		19,979
Enova International, Inc. 8.500%, 09/01/2024 to 09/15/2025 (C)		422,000		394,524
Fifth Third Bancorp (5.100% to 6-30-23, then 3 month LIBOR + 3.033%) 06/30/2023 (H)		297,000		284,378
Freedom Mortgage Corp.
8.125%, 11/15/2024 (C)		350,000		310,625
8.250%, 04/15/2025 (C)		140,000		124,250
FS KKR Capital Corp. 4.250%, 01/15/2020		225,000		225,308
HSBC Holdings PLC (3.950% to 5-18-23, then 3 month LIBOR + 0.987%) 05/18/2024		670,000		683,703
HSBC Holdings PLC (6.375% to 9-17-24, then 5 Year U.S. ISDAFIX + 3.705%) 09/17/2024 (H)		185,000		186,156
HSBC Holdings PLC (6.875% to 6-1-21, then 5 Year U.S. ISDAFIX + 5.514%) 06/01/2021 (H)		460,000		481,031
ING Bank NV 5.800%, 09/25/2023 (C)		280,000		302,917
ING Groep NV (6.500% to 4-16-25, then 5 Year U.S. Swap Rate + 4.446%) 04/16/2025 (D)(H)		200,000		197,380
Invesco Finance PLC 3.125%, 11/30/2022		850,000		850,416
Jefferies Financial Group, Inc. 5.500%, 10/18/2023		1,330,000		1,392,642
Jefferies Group LLC
4.150%, 01/23/2030		495,000		453,664
4.850%, 01/15/2027		414,000		416,436
8.500%, 07/15/2019		505,000		512,925
JPMorgan Chase & Co.
2.400%, 06/07/2021		735,000		729,710
3.200%, 06/15/2026		405,000		402,693
3.375%, 05/01/2023		1,250,000		1,263,371
4.125%, 12/15/2026 (D)		600,000		619,845
4.500%, 01/24/2022		1,300,000		1,359,532
6.300%, 04/23/2019		1,000,000		1,002,080
JPMorgan Chase & Co. (6.750% to 2-1-24, then 3 month LIBOR + 3.780%) 02/01/2024 (H)		430,000		471,422
Ladder Capital Finance Holdings LLLP 5.250%, 03/15/2022 to 10/01/2025 (C)		330,000		325,450
Lazard Group LLC 4.375%, 03/11/2029		295,000		297,552
Legg Mason, Inc.
3.950%, 07/15/2024		660,000		668,078
4.750%, 03/15/2026		825,000		853,152
Liberty Mutual Group, Inc. 4.250%, 06/15/2023 (C)		1,000,000		1,036,578

11

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Active Bond Trust (continued)
	Shares or
	Principal
	Amount		Value
CORPORATE BONDS (continued)
Financials (continued)
Liberty Mutual Group, Inc. (7.800% to 3-15-37, then 3 month LIBOR + 3.576%) 03/07/2087 (C)	$	510,000	$	583,950
Lincoln National Corp. 6.250%, 02/15/2020		1,000,000		1,028,411
Lloyds Banking Group PLC 4.450%, 05/08/2025		1,000,000		1,038,538
Lloyds Banking Group PLC (7.500% to 6-27-24, then 5 Year U.S. Swap Rate + 4.760%) 06/27/2024 (H)		305,000		314,150
Loews Corp.
2.625%, 05/15/2023		630,000		625,025
3.750%, 04/01/2026		825,000		850,740
M&T Bank Corp. (5.125% to 11-1-26, then 3 month LIBOR + 3.520%) 11/01/2026 (H)		315,000		316,890
Macquarie Bank, Ltd. 4.875%, 06/10/2025 (C)(D)		405,000		418,579
Markel Corp.
5.000%, 03/30/2043		1,270,000		1,257,732
5.350%, 06/01/2021		800,000		834,413
MetLife, Inc. 3.000%, 03/01/2025		300,000		300,706
MetLife, Inc. (6.400% to 12-15-36, then 3 month LIBOR + 2.205%) 12/15/2066		300,000		321,750
MetLife, Inc. (9.250% to 4-8-38, then 3 month LIBOR + 5.540%) 04/08/2068 (C)		120,000		162,450
MGIC Investment Corp. 5.750%, 08/15/2023		136,000		143,650
Mitsubishi UFJ Financial Group, Inc. 3.218%, 03/07/2022		895,000		901,877
Morgan Stanley
3.875%, 01/27/2026		360,000		368,354
4.100%, 05/22/2023		900,000		924,477
Morgan Stanley (5.450% to 7-15-19, then 3 month LIBOR + 3.610%) 07/15/2019 (H)		200,000		200,500
MSCI, Inc. 5.250%, 11/15/2024 (C)		50,000		51,740
Nationstar Mortgage Holdings, Inc.
8.125%, 07/15/2023 (C)		217,000		223,510
9.125%, 07/15/2026 (C)		174,000		176,610
Nationwide Mutual Insurance Company (3 month LIBOR + 2.290%) 5.078%, 12/15/2024 (B)(C)		1,130,000		1,122,960
Nippon Life Insurance Company (5.100% to 10-16-24, then 5 Year U.S. ISDAFIX + 3.650%) 10/16/2044 (C)		315,000		329,175
PNC Bank NA 2.450%, 07/28/2022		525,000		523,033
Prudential Financial, Inc. (5.875% to 9-15-22, then 3 month LIBOR + 4.175%) 09/15/2042		827,000		874,553
Quicken Loans, Inc.
5.250%, 01/15/2028 (C)		320,000		299,600
5.750%, 05/01/2025 (C)		410,000		411,025
Radian Group, Inc.
4.500%, 10/01/2024		190,000		187,150
5.250%, 06/15/2020		134,000		137,518
Raymond James Financial, Inc.
3.625%, 09/15/2026		500,000		495,238
4.950%, 07/15/2046		500,000		529,777

Active Bond Trust (continued)
	Shares or
	Principal
	Amount		Value
CORPORATE BONDS (continued)
Financials (continued)
Refinitiv US Holdings, Inc.
6.250%, 05/15/2026 (C)	$	57,000	$	57,784
8.250%, 11/15/2026 (C)		92,000		90,275
Regions Bank (3.374% to 8-13-20, then 3 month LIBOR + 0.500%) 08/13/2021		676,000		679,243
Regions Financial Corp.
2.750%, 08/14/2022		640,000		635,226
3.800%, 08/14/2023		260,000		267,384
Santander Holdings USA, Inc.
3.400%, 01/18/2023		360,000		360,286
3.700%, 03/28/2022		635,000		642,004
4.450%, 12/03/2021		425,000		437,655
Santander UK Group Holdings PLC 4.750%, 09/15/2025 (C)		345,000		342,032
Societe Generale SA (7.375% to 9-13-21, then 5 Year U.S. Swap Rate + 6.238%) 09/13/2021 (C)(H)		375,000		386,719
Sompo International Holdings, Ltd. 4.700%, 10/15/2022		1,080,000		1,109,339
Springleaf Finance Corp. 6.875%, 03/15/2025		140,000		144,550
Stearns Holdings LLC 9.375%, 08/15/2020 (C)		116,000		108,460
Stifel Financial Corp. 4.250%, 07/18/2024		1,592,000		1,639,473
SunTrust Bank 2.450%, 08/01/2022		470,000		464,024
Teachers Insurance & Annuity Association of America 4.270%, 05/15/2047 (C)		425,000		438,685
The Charles Schwab Corp. (7.000% to 2-1-22, then 3 month LIBOR + 4.820%) 02/01/2022 (H)		1,000,000		1,065,000
The Goldman Sachs Group, Inc.
3.625%, 01/22/2023		1,200,000		1,221,168
3.850%, 01/26/2027		952,000		956,419
The Hartford Financial Services Group, Inc.
5.500%, 03/30/2020		500,000		512,887
6.625%, 03/30/2040		500,000		625,947
The PNC Financial Services Group, Inc. 3.500%, 01/23/2024		303,000		311,295
The PNC Financial Services Group, Inc. (4.850% to 6-1-23, then 3 month LIBOR + 3.040%) 06/01/2023 (H)		385,000		379,225
The PNC Financial Services Group, Inc. (6.750% to 8-1-21, then 3 month LIBOR + 3.678%) 08/01/2021 (H)		740,000		786,250
The Royal Bank of Scotland Group PLC 3.875%, 09/12/2023		980,000		984,423
The Royal Bank of Scotland Group PLC (8.625% to 8-15-21, then 5 Year U.S. Swap Rate + 7.598%) 08/15/2021 (H)		805,000		857,325
The Toronto-Dominion Bank 3.250%, 03/11/2024		479,000		484,941
Trident Merger Sub, Inc. 6.625%, 11/01/2025 (C)		115,000		107,525
UBS Group Funding Switzerland AG (2.859% to 8-15-22, then 3 month LIBOR + 0.954%) 08/15/2023 (C)		545,000		537,119

12

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Active Bond Trust (continued)
	Shares or
	Principal
	Amount		Value
CORPORATE BONDS (continued)
Financials (continued)
UBS Group Funding Switzerland AG (7.000% to 1-31-24, then 5 Year U.S. Swap Rate + 4.344%) 01/31/2024 (C)(H)	$	383,000	$	388,756
Voya Financial, Inc. 4.800%, 06/15/2046		700,000		726,234
Voya Financial, Inc. (5.650% to 5-15-23, then 3 month LIBOR + 3.580%) 05/15/2053		615,000		605,775
Wells Fargo & Company (3 month LIBOR + 3.770%) 6.558%, 06/15/2019 (B)(H)		322,000		324,013
Wells Fargo & Company (5.875% to 6-15-25, then 3 month LIBOR + 3.990%) 06/15/2025 (H)		995,000		1,063,158
Wells Fargo & Company, Series M 3.450%, 02/13/2023		900,000		910,025
Willis Towers Watson PLC 5.750%, 03/15/2021		1,350,000		1,413,770
				78,017,167
Health care – 2.0%
Abbott Laboratories 3.750%, 11/30/2026		680,000		706,543
Agilent Technologies, Inc. 3.875%, 07/15/2023		670,000		691,894
Bausch Health Companies, Inc. 6.125%, 04/15/2025 (C)		490,000		485,100
Baxter International, Inc. 3.500%, 08/15/2046		500,000		433,039
Bayer US Finance II LLC 3.500%, 06/25/2021 (C)		270,000		271,128
Boston Scientific Corp. 3.450%, 03/01/2024		346,000		352,415
Celgene Corp. 3.250%, 02/20/2023		341,000		344,111
Centene Corp. 5.375%, 06/01/2026 (C)		343,000		357,578
Cigna Holding Company 4.500%, 03/15/2021		1,100,000		1,129,311
CVS Health Corp. 3.350%, 03/09/2021		875,000		882,129
5.050%, 03/25/2048		880,000		886,982
DaVita, Inc. 5.000%, 05/01/2025		545,000		522,246
GlaxoSmithKline Capital PLC 3.000%, 06/01/2024		567,000		570,375
HCA, Inc.
5.250%, 04/15/2025 to 06/15/2026		738,000		791,192
7.500%, 02/15/2022		270,000		297,756
IQVIA, Inc. 4.875%, 05/15/2023 (C)		155,000		157,728
MEDNAX, Inc.
5.250%, 12/01/2023 (C)		355,000		359,438
6.250%, 01/15/2027 (C)(D)		292,000		295,285
Mylan NV
3.950%, 06/15/2026		800,000		763,806
5.250%, 06/15/2046		250,000		225,334
Select Medical Corp. 6.375%, 06/01/2021		365,000		365,913
Shire Acquisitions Investments Ireland DAC 3.200%, 09/23/2026		1,120,000		1,083,017
Team Health Holdings, Inc. 6.375%, 02/01/2025 (C)(D)		89,000		72,201

Active Bond Trust (continued)
	Shares or
	Principal
	Amount		Value
CORPORATE BONDS (continued)
Health care (continued)
Teva Pharmaceutical Finance Company LLC 6.150%, 02/01/2036	$	49,000	$	47,657
Teva Pharmaceutical Finance Netherlands III BV 6.750%, 03/01/2028		315,000		317,811
UnitedHealth Group, Inc. 5.800%, 03/15/2036		540,000		664,963
Universal Health Services, Inc.
4.750%, 08/01/2022 (C)		345,000		348,019
5.000%, 06/01/2026 (C)		288,000		292,680
Zimmer Biomet Holdings, Inc. 3.550%, 04/01/2025		550,000		542,732
				14,258,383
Industrials – 3.6%
3M Company 3.250%, 02/14/2024		485,000		499,972
AECOM 5.125%, 03/15/2027		540,000		521,775
AerCap Ireland Capital DAC 4.625%, 10/30/2020		410,000		419,733
5.000%, 10/01/2021		382,000		396,429
Ahern Rentals, Inc. 7.375%, 05/15/2023 (C)		427,000		393,374
Air Canada 2013-1 Class A Pass Through Trust 4.125%, 11/15/2026 (C)		281,765		286,330
Air Canada 2017-1 Class B Pass Through Trust 3.700%, 07/15/2027 (C)		404,200		389,891
Air Lease Corp.
3.000%, 09/15/2023		400,000		391,299
4.750%, 03/01/2020		500,000		507,871
Aircastle, Ltd.
4.400%, 09/25/2023		235,000		239,410
5.500%, 02/15/2022		225,000		236,102
American Airlines 2000-1 Pass Through Trust 6.977%, 11/23/2022		115,975		120,080
American Airlines 2013-2 Class A Pass Through Trust 4.950%, 07/15/2024		372,746		386,277
American Airlines 2015-1 Class A Pass Through Trust 3.375%, 11/01/2028		497,678		486,879
American Airlines 2015-1 Class B Pass Through Trust 3.700%, 11/01/2024		191,959		188,907
American Airlines 2016-1 Class A Pass Through Trust 4.100%, 07/15/2029		491,378		492,459
American Airlines 2017-1 Class A Pass Through Trust 4.000%, 08/15/2030		238,500		234,994
American Airlines 2017-1 Class AA Pass Through Trust 3.650%, 08/15/2030		306,000		307,346
American Airlines 2017-2 Class A Pass Through Trust 3.600%, 04/15/2031		218,911		211,731
Arconic, Inc. 5.125%, 10/01/2024		339,000		347,807
Ashtead Capital, Inc. 4.375%, 08/15/2027 (C)		350,000		337,750

13

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Active Bond Trust (continued)
	Shares or
	Principal
	Amount		Value
CORPORATE BONDS (continued)
Industrials (continued)
Avolon Holdings Funding, Ltd. 5.125%, 10/01/2023 (C)	$	295,000	$	300,163
Azul Investments LLP
5.875%, 10/26/2024 (C)(D)		315,000		297,284
British Airways 2013-1 Class A Pass Through Trust 4.625%, 06/20/2024 (C)		359,768		373,043
British Airways 2013-1 Class B Pass Through Trust 5.625%, 12/20/2021 (C)		64,611		65,490
British Airways 2018-1 Class A Pass Through Trust 4.125%, 03/20/2033 (C)		197,584		197,643
Continental Airlines 2007-1 Class A Pass Through Trust 5.983%, 10/19/2023		215,420		225,631
Continental Airlines 2012-1 Class B Pass Through Trust 6.250%, 10/11/2021		75,235		76,574
Delta Air Lines 2002-1 Class G-1 Pass Through Trust 6.718%, 07/02/2024		130,080		137,638
Delta Air Lines, Inc. 3.625%, 03/15/2022		650,000		654,463
3.800%, 04/19/2023		251,000		253,747
4.375%, 04/19/2028		480,000		470,306
Empresa de Transporte de Pasajeros Metro SA 4.750%, 02/04/2024 (C)		340,000		358,101
Equifax, Inc.
7.000%, 07/01/2037		105,000		119,975
Fortive Corp. 3.150%, 06/15/2026		700,000		682,185
GATX Corp. 3.850%, 03/30/2027		800,000		785,478
General Electric Company 2.700%, 10/09/2022		1,100,000		1,080,234
General Electric Company (3 month LIBOR + 0.480%) 3.096%, 08/15/2036 (B)		131,000		100,741
H&E Equipment Services, Inc. 5.625%, 09/01/2025		175,000		174,563
Huntington Ingalls Industries, Inc. 5.000%, 11/15/2025 (C)		625,000		640,625
IHS Markit, Ltd. 4.000%, 03/01/2026 (C)		512,000		511,488
4.750%, 02/15/2025 (C)		175,000		181,995
4.750%, 08/01/2028		273,000		285,643
5.000%, 11/01/2022 (C)		210,000		219,093
JB Hunt Transport Services, Inc. 3.850%, 03/15/2024		700,000		721,447
Kratos Defense & Security Solutions, Inc. 6.500%, 11/30/2025 (C)		290,000		305,588
Lennox International, Inc. 3.000%, 11/15/2023		800,000		785,095
LSC Communications, Inc. 8.750%, 10/15/2023 (C)(D)		240,000		254,100
Masco Corp. 4.375%, 04/01/2026		400,000		407,095
4.450%, 04/01/2025		195,000		200,360
Northwest Airlines 2007-1 Class A Pass Through Trust 7.027%, 05/01/2021		79,293		80,895

Active Bond Trust (continued)
	Shares or
	Principal
	Amount		Value
CORPORATE BONDS (continued)
Industrials (continued)
Owens Corning 4.200%, 12/15/2022	$	210,000	$	215,607
Prime Security Services Borrower LLC 9.250%, 05/15/2023 (C)		132,000		138,600
Tervita Escrow Corp. 7.625%, 12/01/2021 (C)		285,000		282,863
TTX Company 4.200%, 07/01/2046 (C)		700,000		714,188
Tutor Perini Corp. 6.875%, 05/01/2025 (C)		115,000		114,584
Tyco Electronics Group SA 4.875%, 01/15/2021		500,000		517,780
Union Pacific Corp. 4.163%, 07/15/2022		1,137,000		1,185,700
United Airlines 2014-2 Class A Pass Through Trust 3.750%, 03/03/2028		460,829		466,544
United Airlines 2014-2 Class B Pass Through Trust 4.625%, 03/03/2024		262,289		267,483
United Airlines 2016-1 Class A Pass Through Trust 3.450%, 01/07/2030		386,758		372,951
United Airlines 2016-1 Class B Pass Through Trust 3.650%, 01/07/2026		571,470		555,412
United Airlines 2018-1 Class B Pass Through Trust 4.600%, 03/01/2026		127,579		128,039
United Airlines 2019-1 Class A Pass Through Trust 4.550%, 02/25/2033		300,000		307,727
United Rentals North America, Inc.
4.875%, 01/15/2028		440,000		427,988
5.500%, 07/15/2025		390,000		398,775
US Airways 2010-1 Class A Pass Through Trust 6.250%, 10/22/2024		98,003		104,099
Verisk Analytics, Inc.
4.000%, 06/15/2025		273,000		284,947
4.125%, 03/15/2029		400,000		410,518
XPO Logistics, Inc. 6.500%, 06/15/2022 (C)		281,000		287,182
				25,524,086
Information technology – 2.2%
Advanced Micro Devices, Inc. 7.000%, 07/01/2024		230,000		240,782
Banff Merger Sub, Inc. 9.750%, 09/01/2026 (C)		290,000		281,300
Broadcom Corp. 3.875%, 01/15/2027		800,000		764,789
Citrix Systems, Inc. 4.500%, 12/01/2027		470,000		464,332
CommScope Finance LLC 8.250%, 03/01/2027 (C)		400,000		415,000
Dell International LLC 4.900%, 10/01/2026 (C)		594,000		604,895
5.300%, 10/01/2029 (C)		594,000		597,846
6.020%, 06/15/2026 (C)		890,000		957,278
8.350%, 07/15/2046 (C)		758,000		916,189
Fiserv, Inc. 3.850%, 06/01/2025		614,000		631,276
j2 Cloud Services LLC 6.000%, 07/15/2025 (C)		160,000		166,200

14

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Active Bond Trust (continued)
	Shares or
	Principal
	Amount		Value
CORPORATE BONDS (continued)
Information technology (continued)
KLA-Tencor Corp.
4.100%, 03/15/2029	$	332,000	$	339,393
Lam Research Corp.
3.750%, 03/15/2026		435,000		443,039
4.875%, 03/15/2049		359,000		379,257
Marvell Technology Group, Ltd. 4.875%, 06/22/2028		525,000		543,209
Microchip Technology, Inc.
3.922%, 06/01/2021 (C)		340,000		343,043
4.333%, 06/01/2023 (C)		780,000		797,230
Micron Technology, Inc.
4.975%, 02/06/2026		455,000		463,570
5.327%, 02/06/2029		678,000		696,957
Microsoft Corp. 4.450%, 11/03/2045		460,000		524,454
Motorola Solutions, Inc. 4.600%, 02/23/2028		663,000		669,000
NXP BV
4.625%, 06/01/2023 (C)		815,000		846,378
4.875%, 03/01/2024 (C)		354,000		373,548
Qorvo, Inc. 5.500%, 07/15/2026 (C)		150,000		154,890
QUALCOMM, Inc.
3.450%, 05/20/2025		500,000		503,991
Tech Data Corp. 4.950%, 02/15/2027		650,000		658,045
Telefonaktiebolaget LM Ericsson 4.125%, 05/15/2022		640,000		648,749
VeriSign, Inc.
4.750%, 07/15/2027		195,000		195,023
5.250%, 04/01/2025		205,000		214,738
Western Digital Corp. 4.750%, 02/15/2026		357,000		340,489
				15,174,890
Materials – 1.4%
Anglo American Capital PLC
4.125%, 09/27/2022 (C)		400,000		405,480
4.750%, 04/10/2027 (C)		215,000		219,275
Ardagh Packaging Finance PLC 6.000%, 02/15/2025 (C)		190,000		190,000
Bemis Company, Inc. 3.100%, 09/15/2026		500,000		473,325
Braskem Finance, Ltd. 7.000%, 05/07/2020 (C)		335,000		347,231
Braskem Netherlands Finance BV 4.500%, 01/10/2028 (C)		390,000		379,178
Cemex SAB de CV
6.125%, 05/05/2025 (C)		400,000		414,000
CF Industries, Inc. 4.950%, 06/01/2043		175,000		150,063
Commercial Metals Company 5.375%, 07/15/2027		122,000		117,425
Cydsa SAB de CV 6.250%, 10/04/2027 (C)		360,000		344,254
Eastman Chemical Company 4.500%, 01/15/2021		68,000		69,452
First Quantum Minerals, Ltd.
6.875%, 03/01/2026 (C)		250,000		231,875
7.500%, 04/01/2025 (C)		100,000		96,125
Freeport-McMoRan, Inc. 5.450%, 03/15/2043		500,000		437,505
Greif, Inc. 6.500%, 03/01/2027 (C)		72,000		73,620
Huntsman International LLC 4.500%, 05/01/2029		500,000		498,334

Active Bond Trust (continued)
	Shares or
	Principal
	Amount		Value
CORPORATE BONDS (continued)
Materials (continued)
Klabin Finance SA 4.875%, 09/19/2027 (C)	$	200,000	$	194,000
Methanex Corp. 5.650%, 12/01/2044		450,000		429,873
Mexichem SAB de CV 5.500%, 01/15/2048 (C)		430,000		405,563
Norbord, Inc. 6.250%, 04/15/2023 (C)		185,000		189,625
Syngenta Finance NV
4.441%, 04/24/2023 (C)		635,000		648,096
5.676%, 04/24/2048 (C)		205,000		194,542
The Chemours Company 6.625%, 05/15/2023		504,000		521,055
The Dow Chemical Company
3.000%, 11/15/2022		270,000		270,314
4.125%, 11/15/2021		1,000,000		1,029,141
The Mosaic Company 4.250%, 11/15/2023		600,000		622,995
The Sherwin-Williams Company 4.200%, 01/15/2022		1,000,000		1,029,905
U.S. Concrete, Inc. 6.375%, 06/01/2024		105,000		106,575
				10,088,826
Real estate – 1.9%
American Homes 4 Rent LP 4.250%, 02/15/2028		415,000		411,102
American Tower Corp.
3.550%, 07/15/2027		662,000		651,991
4.700%, 03/15/2022		310,000		324,424
5.000%, 02/15/2024		670,000		723,480
5.900%, 11/01/2021		800,000		856,489
Columbia Property Trust Operating Partnership LP 4.150%, 04/01/2025		600,000		600,565
EPR Properties 5.750%, 08/15/2022		500,000		532,633
Equinix, Inc. 5.375%, 05/15/2027		275,000		288,063
Equity Commonwealth 5.875%, 09/15/2020		700,000		716,336
ERP Operating LP 3.375%, 06/01/2025		300,000		304,717
Essex Portfolio LP
3.625%, 05/01/2027		500,000		499,426
HCP, Inc. 3.875%, 08/15/2024		800,000		815,770
Healthcare Trust of America Holdings LP 3.500%, 08/01/2026		500,000		485,087
Mid-America Apartments LP
3.950%, 03/15/2029		700,000		711,936
National Retail Properties, Inc. 3.300%, 04/15/2023		660,000		664,213
Omega Healthcare Investors, Inc. 4.500%, 01/15/2025		225,000		228,781
Piedmont Operating Partnership LP 4.450%, 03/15/2024		500,000		512,977
Reckson Operating Partnership LP 7.750%, 03/15/2020		775,000		807,917
SBA Tower Trust 3.722%, 04/09/2048 (C)		608,000		616,285
SL Green Operating Partnership LP 3.250%, 10/15/2022		500,000		498,037
Ventas Realty LP 3.500%, 02/01/2025		343,000		343,288

15

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Active Bond Trust (continued)
	Shares or
	Principal
	Amount		Value
CORPORATE BONDS (continued)
Real estate (continued)
VEREIT Operating Partnership LP 4.600%, 02/06/2024	$	372,000	$	382,981
Weingarten Realty Investors 3.375%, 10/15/2022		1,050,000		1,054,401
				13,030,899
Utilities – 1.2%
ABY Transmision Sur SA
6.875%, 04/30/2043 (C)		276,528		307,640
AmeriGas Partners LP
5.500%, 05/20/2025		250,000		249,063
Arizona Public Service Company
5.500%, 09/01/2035		1,118,000		1,284,800
CenterPoint Energy Houston Electric LLC
6.950%, 03/15/2033		535,000		726,821
CenterPoint Energy, Inc.
2.500%, 09/01/2022		310,000		303,662
Clearway Energy Operating LLC
5.375%, 08/15/2024		608,000		606,480
Electricite de France SA (5.250% to 1-29-23, then 10 Year U.S. Swap Rate + 3.709%) 01/29/2023 (C)(H)		285,000		286,781
Emera US Finance LP 3.550%, 06/15/2026		248,000		245,261
Empresa Electrica Angamos SA 4.875%, 05/25/2029 (C)		255,640		257,596
Greenko Dutch BV
4.875%, 07/24/2022 (C)		285,000		280,537
5.250%, 07/24/2024 (C)		215,000		206,826
Instituto Costarricense de Electricidad 6.375%, 05/15/2043 (C)		290,000		230,188
Israel Electric Corp., Ltd. 6.875%, 06/21/2023 (C)		170,000		189,444
NextEra Energy Capital Holdings, Inc. 3.550%, 05/01/2027		570,000		573,816
NextEra Energy Operating Partners LP 4.500%, 09/15/2027 (C)		245,000		238,875
NRG Energy, Inc. 6.250%, 05/01/2024		283,000		291,844
Oncor Electric Delivery Company LLC 4.100%, 06/01/2022		750,000		779,909
PPL Capital Funding, Inc. 3.400%, 06/01/2023		1,160,000		1,168,366
				8,227,909
TOTAL CORPORATE BONDS (Cost $260,973,221)			$	266,032,387
CAPITAL PREFERRED SECURITIES – 0.2%
Financials – 0.2%
State Street Corp. (3 month LIBOR + 1.000%) 3.788%, 06/01/2077 (B)		132,000		104,280
SunTrust Preferred Capital I (Greater of 3 month LIBOR + 0.645% or 4.000%) 4.000%, 04/29/2019 (B)(H)		425,000		340,000
USB Capital IX (Greater of 3 month LIBOR + 1.020% or 3.500%) 3.807%, 04/29/2019 (B)(H)		1,045,000		820,325
				1,264,605
TOTAL CAPITAL PREFERRED SECURITIES (Cost $1,503,244)			$	1,264,605
MUNICIPAL BONDS – 0.6%
New Jersey State Turnpike Authority 7.414%, 01/01/2040		1,885,000		2,831,308

Active Bond Trust (continued)
	Shares or
	Principal
	Amount		Value
MUNICIPAL BONDS (continued)
The School District of Philadelphia
5.995%, 09/01/2030	$	315,000	$	376,979
6.765%, 06/01/2040		1,010,000		1,257,844
TOTAL MUNICIPAL BONDS (Cost $3,662,761)			$	4,466,131
TERM LOANS (I) – 0.1%
Communication services – 0.1%
Ancestry.com Operations, Inc., 2017 1st Lien Term Loan (1 month LIBOR + 3.250%) 5.750%, 10/19/2023		116,700		115,874
Metro-Goldwyn-Mayer, Inc., 2018 2nd Lien Term Loan (1 month LIBOR + 4.500%) 7.000%, 07/03/2026		270,000		257,626
				373,500
Financials – 0.0%
LSF9 Atlantis Holdings LLC, 2017 Term Loan (1 month LIBOR + 6.000%) 8.481%, 05/01/2023		200,813		185,752
Health care – 0.0%
Concentra, Inc., 2018 2nd Lien Term Loan (1 month LIBOR + 6.500%) 8.990%, 06/01/2023		344,999		344,999
TOTAL TERM LOANS (Cost $931,301)			$	904,251
COLLATERALIZED MORTGAGE OBLIGATIONS – 8.7%
Commercial and residential – 6.4%
Americold LLC
Series 2010-ARTA, Class C, 6.811%, 01/14/2029 (C)		1,350,000		1,415,514
Series 2010-ARTA, Class D, 7.443%, 01/14/2029 (C)		1,789,000		1,890,237
Angel Oak Mortgage Trust I LLC
Series 2018-1, Class A1, 3.258%, 04/27/2048 (C)(J)		103,651		103,291
Series 2018-3, Class A1, 3.649%, 09/25/2048 (C)(J)		272,053		273,453
AOA Mortgage Trust
Series 2015-1177, Class C 3.010%, 12/13/2029 (C)(J)		190,000		186,876
Arroyo Mortgage Trust Series 2018-1, Class A1 3.763%, 04/25/2048 (C)(J)		794,592		803,278
Banc of America Merrill Lynch Commercial Mortgage, Inc. Series 2005-5, Class XC IO 0.029%, 10/10/2045 (C)		531,500		5
Bayview Commercial Asset Trust
Series 2005-1A, Class A2 (1 month LIBOR + 0.350%), 3.015%, 04/25/2035 (B)(C)		332,591		324,711
Series 2005-4A, Class A2 (1 month LIBOR + 0.390%), 2.880%, 01/25/2036 (B)(C)		182,866		175,465
Series 2006-2A, Class A2 (1 month LIBOR + 0.280%), 2.770%, 07/25/2036 (B)(C)		274,323		263,899
BBCMS Mortgage Trust
Series 2018-TALL, Class B (1 month LIBOR +0.971%), 3.460%, 03/15/2037 (B)(C)		353,000		350,787
Series 2018-TALL, Class E (1 month LIBOR + 2.437%), 4.926%, 03/15/2037 (B)(C)		288,000		286,736
BBCMS Trust Series 2015-MSQ, Class D, 3.990%, 09/15/2032 (C)(J)		205,000		204,844

16

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Active Bond Trust (continued)
	Shares or
	Principal
	Amount		Value
COLLATERALIZED MORTGAGE
OBLIGATIONS (continued)
Commercial and residential (continued)
BBCMS Trust (continued)
Series 2015-SRCH, Class D, 4.957%, 08/10/2035 (C)(J)	$	394,000	$	413,499
Bear Stearns Asset Backed Securities Trust
Series 2003-AC4, Class A 5.500%, 09/25/2033		496,589		498,312
Bear Stearns Commercial Mortgage Securities Trust
Series 2004-PWR5, Class X1 IO, 0.592%, 07/11/2042 (C)		1,220,636		5,915
Series 2004-T16, Class X1 IO, 1.214%, 02/13/2046 (C)		123,694		2,630
BENCHMARK Mortgage Trust Series 2019-B10, Class A2 3.614%, 03/15/2062		475,000		491,180
BWAY Mortgage Trust Series 2015-1740, Class XA IO 0.896%, 01/10/2035 (C)		3,705,000		92,855
BX Commercial Mortgage Trust Series 2018-BIOA, Class D (1 month LIBOR + 1.321%) 3.810%, 03/15/2037 (B)(C)		330,000		329,169
CAMB Commercial Mortgage Trust Series 2019-LIFE, Class D (1 month LIBOR + 1.750% 4.239%, 12/15/2037 (B)(C)		121,000		121,301
CD Mortgage Trust Series 2017-CD3, Class A4 3.631%, 02/10/2050		1,800,000		1,860,439
CGBAM Commercial Mortgage Trust Series 2015-SMRT, Class F 3.786%, 04/10/2028 (C)(J)		120,000		120,938
CGDBB Commercial Mortgage Trust Series 2017-BIOC, Class E (1 month LIBOR + 2.150%) 4.639%, 07/15/2032 (B)(C)		254,000		254,000
CHL Mortgage Pass Through Trust Series 2004-HYB2, Class 4A 4.192%, 07/20/2034 (J)		541,868		546,360
CHT Mortgage Trust Series 2017-CSMO, Class D (1 month LIBOR + 2.250%) 4.739%, 11/15/2036 (B)(C)		428,000		428,533
Citigroup Commercial Mortgage Trust
Series 2017-1500, Class E (1 month LIBOR + 2.500%), 4.989%, 07/15/2032 (B)(C)		103,000		101,644
Series 2018-C5, Class XA IO, 0.603%, 06/10/2051		9,981,203		510,406
CLNS Trust Series 2017-IKPR, Class C (1 month LIBOR + 1.100%) 3.617%, 06/11/2032 (B)(C)		153,000		152,518
Cold Storage Trust Series 2017-ICE3, Class D (1 month LIBOR + 2.100%) 4.589%, 04/15/2036 (B)(C)		395,000		394,575
COLT Mortgage Loan Trust Series 2018-2, Class 1, 3.470%, 07/27/2048 (C)(J)		93,785		93,901
Series 2019-2, Class A1, 3.337%, 05/25/2049 (C)(J)		331,000		330,999

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 (C)	$	1,400,000	$	1,437,032
Commercial Mortgage Trust (Cantor Fitzgerald/Deutsche Bank AG) Series 2012-CR2, Class XA IO, 1.649%, 08/15/2045		9,628,777		433,597
Series 2012-CR3 Class XA IO, 1.870%, 10/15/2045		10,963,626		595,334
Series 2013-CR8 Class AM, 3.823%, 06/10/2046 (C)(J)		1,000,000		1,027,643
Series 2014-CR15, Class C, 4.736%, 02/10/2047 (J)		800,000		850,036
Series 2014-CR15, Class XA IO, 1.035%, 02/10/2047		9,346,369		339,387
Series 2014-CR16, Class C, 4.907%, 04/10/2047 (J)		400,000		418,645
Commercial Mortgage Trust (Citigroup/Deutsche Bank AG) Series 2018-COR3, Class XA IO 0.448%, 05/10/2051		3,726,212		133,506
Commercial Mortgage Trust (Deutsche Bank AG)
Series 2012-LC4, Class B, 4.934%, 12/10/2044 (J)		108,000		111,709
Series 2012-LC4, Class XA IO, 2.107%, 12/10/2044 (C)		4,161,498		204,872
Series 2013-300P, Class D, 4.394%, 08/10/2030 (C)(J)		442,000		455,387
Series 2013-300P, Class E, 4.394%, 08/10/2030 (C)(J)		700,000		698,495
Series 2013-LC13, Class B, 5.009%, 08/10/2046 (C)(J)		114,000		121,020
Series 2014-LC15, Class C, 4.939%, 04/10/2047 (J)		400,000		420,582
Series 2014-TWC, Class D (1 month LIBOR + 2.250%), 4.748%, 02/13/2032 (B)(C)		194,000		194,061
Commercial Mortgage Trust (Deutsche Bank AG/UBS AG) Series 2014-UBS2, Class XA IO 1.220%, 03/10/2047		4,504,277		199,151
Core Industrial Trust Series 2015-CALW, Class XA IO 0.810%, 02/10/2034 (C)		4,836,326		94,865
Credit Suisse First Boston Mortgage Securities Corp. Series 2005-C1, Class AX IO 0.702%, 02/15/2038 (C)		268,198		13
DSLA Mortgage Loan Trust Series 2004-AR3, Class 2A2B (1 month LIBOR + 0.900%) 3.380%, 07/19/2044 (B)		629,632		626,166
FREMF Mortgage Trust Series 2011-K10, Class B, 4.622%, 11/25/2049 (C)(J)		1,000,000		1,021,197
Series 2011-K11, Class B, 4.416%, 12/25/2048 (C)(J)		875,000		893,317
Series 2017-K67, Class B, 3.944%, 09/25/2049 (C)(J)		445,000		450,065

17

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Active Bond Trust (continued)
	Shares or
	Principal
	Amount		Value
COLLATERALIZED MORTGAGE
OBLIGATIONS (continued)
Commercial and residential (continued)
GAHR Commercial Mortgage Trust
Series 2015-NRF, Class BFX, 3.382%, 12/15/2034 (C)(J)	$	750,000	$	746,842
Series 2015-NRF, Class DFX, 3.382%, 12/15/2034 (C)(J)		318,000		316,049
Series 2015-NRF, Class EFX, 3.382%, 12/15/2034 (C)(J)		250,000		247,646
Galton Funding Mortgage Trust Series 2018-1, Class A43 3.500%, 11/25/2057 (C)(J)		205,874		206,201
GE Capital Commercial Mortgage Corp. Series 2005-C1, Class XC IO 0.011%, 06/10/2048 (C)		3,804,556		2
GE Commercial Mortgage Corp. Trust Series 2007-C1, Class AM 5.606%, 12/10/2049 (J)		156,063		137,324
Great Wolf Trust Series 2017-WOLF, Class E (1 month LIBOR + 3.100%) 5.739%, 09/15/2034 (B)(C)		120,000		120,149
Greenwich Capital Commercial Funding Corp. Series 2006-GG7, Class AM 5.692%, 07/10/2038 (J)		204,268		205,425
GS Mortgage Securities Trust
Series 2012-GC17, Class XA IO, 2.207%, 05/10/2045		2,839,161		116,650
Series 2013-GC10, Class C, 4.285%, 02/10/2046 (C)(J)		859,800		875,632
Series 2015-590M, Class C, 3.805%, 10/10/2035 (C)(J)		215,000		214,755
Series 2016-RENT, Class D, 4.067%, 02/10/2029 (C)(J)		319,000		320,188
Series 2017-485L, Class C, 3.982%, 02/10/2037 (C)(J)		220,000		220,438
Series 2017-500K, Class F (1 month LIBOR + 1.800%), 4.289%, 07/15/2032 (B)(C)		58,000		57,837
Series 2005-GG4, Class XC IO, 1.432%, 07/10/2039 (C)		515,674		45
HarborView Mortgage Loan Trust
Series 2007-3, Class ES IO, 0.350%, 05/19/2047 (C)		14,944,281		260,222
Series 2007-4, Class ES IO, 0.350%, 07/19/2047		15,506,330		258,419
Series 2007-6, Class ES IO, 0.353%, 08/19/2037 (C)		13,151,813		189,440
Hilton Orlando Trust
Series 2018-ORL, Class B (1 month LIBOR + 1.050%), 3.539%, 12/15/2034 (B)(C)		1,000,000		993,718
Series 2018-ORL, Class D (1 month LIBOR + 1.700%), 4.189%, 12/15/2034 (B)(C)		145,000		145,088
Hudsons Bay Simon JV Trust Series 2015-HBFL, Class DFL (1 month LIBOR + 3.650%) 6.382%, 08/05/2034 (B)(C)		165,000		165,069
IMT Trust Series 2017-APTS, Class CFX 3.497%, 06/15/2034 (C)(J)		188,000		187,149

Active Bond Trust (continued)
	Shares or
	Principal
	Amount		Value
COLLATERALIZED MORTGAGE
OBLIGATIONS (continued)
Commercial and residential (continued)
IndyMac Index Mortgage Loan Trust
Series 2005-AR12, Class AX2 IO, 0.795%, 07/25/2035	$	2,229,238	$	65,685
Series 2005-AR8, Class AX2 IO, 0.820%, 05/25/2035		1,360,568		52,694
Series 2005-AR18, Class 1X IO, 1.045%, 10/25/2036		2,270,802		103,440
Series 2005-AR18, Class 2X IO, 0.613%, 10/25/2036		2,777,385		50,542
Irvine Core Office Trust
Series 2013-IRV, Class XA IO 1.105%, 05/15/2048 (C)		10,315,409		234,552
JPMBB Commercial Mortgage Securities Trust
Series 2013-C14, Class XA IO 0.555%, 08/15/2046		7,680,514		147,233
JPMorgan Chase Commercial Mortgage Securities Trust
Series 2006-LDP8, Class X IO, 0.285%, 05/15/2045		1,373,894		1,623
Series 2011-C3A, Class XA IO, 0.943%, 02/15/2046 (C)		9,625,019		146,662
Series 2011-C4, Class XA IO, 1.194%, 07/15/2046 (C)		7,257,497		145,871
Series 2012-HSBC, Class XA IO, 1.431%, 07/05/2032 (C)		10,376,956		427,345
Series 2015-MAR7, Class C, 4.490%, 06/05/2032 (C)		253,000		255,213
Series 2018-PHH, Class A (1 month LIBOR + 0.910%), 3.399%, 06/15/2035 (B)(C)		225,000		224,491
LB-UBS Commercial Mortgage Trust Series 2005-C1, Class XCL IO 0.111%, 02/15/2040 (C)		769,255		94
MASTR Adjustable Rate Mortgages Trust
Series 2004-13, Class 2A1, 4.695%, 04/21/2034 (J)		154,978		159,250
Series 2004-8, Class 5A1, 4.662%, 08/25/2034 (J)		311,105		313,871
MASTR Alternative Loan Trust Series 2004-4, Class 8A1 6.500%, 05/25/2034		319,404		337,944
Merrill Lynch Mortgage Investors Trust Series 2005-A, Class A1 (1 month LIBOR + 0.460%) 2.950%, 03/25/2030 (B)		31,101		30,112
Merrill Lynch Mortgage Trust
Series 2008-C1, Class X IO, 0.060%, 02/12/2051 (C)		5,678,361		57
Series 2005-CIP1, Class XC IO, 0.010%, 07/12/2038 (C)		3,892,247		371
Series 2006-C2, Class X IO, 0.092%, 08/12/2043 (C)		1,572,411		412
Merrill Lynch/Countrywide Commercial Mortgage Trust Series 2007-6, Class AM 5.526%, 03/12/2051 (J)		85,745		85,797
Morgan Stanley Bank of America Merrill Lynch Trust Series 2012-C5, Class XA IO, 1.464%, 08/15/2045 (C)		10,457,911		401,213

18

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (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 2012-C6, Class XA IO, 1.619%, 11/15/2045 (C)	$	6,184,707	$	284,874
Series 2013-C7, Class AS, 3.214%, 02/15/2046		1,000,000		997,175
Series 2013-C7, Class XA IO, 1.354%, 02/15/2046		11,273,478		482,940
Series 2014-C17, Class XA IO, 1.189%, 08/15/2047		15,983,224		553,748
Morgan Stanley Capital I Trust
Series 2011-C3, Class XA IO, 0.777%, 07/15/2049 (C)		9,822,921		95,266
Series 2012-C4, Class AS, 3.773%, 03/15/2045		2,371,500		2,411,514
Series 2017-CLS, Class D (1 month LIBOR + 1.400%), 3.889%, 11/15/2034 (B)(C)		368,000		367,539
Series 2005-IQ9, Class X1 IO, 0.782%, 07/15/2056 (C)		3,461,064		7,940
MSCG Trust Series 2016-SNR, Class D 6.550%, 11/15/2034 (C)		254,150		254,254
Natixis Commercial Mortgage Securities Trust
Series 2018-285M, Class D, 3.790%, 11/15/2032 (C)(J)		135,000		134,778
Series 2018-ALXA, Class C, 4.316%, 01/15/2043 (C)(J)		168,000		171,533
One Market Plaza Trust Series 2017-1MKT, Class D 4.146%, 02/10/2032 (C)		155,000		154,854
Residential Accredit Loans, Inc. Series 2005-QO4, Class XIO IO 1.780%, 12/25/2045		2,716,944		200,194
Sequoia Mortgage Trust Series 2005-3, Class A1 (1 month LIBOR + 0.200%) 2.685%, 05/20/2035 (B)		73,439		71,751
Starwood Mortgage Residential Trust Series 2018-IMC1, Class A1 3.793%, 03/25/2048 (C)(J)		168,019		169,412
Structured Asset Securities Corp. Series 1998-RF2, Class A 4.826%, 07/15/2027 (C)(J)		60,770		58,883
UBS Commercial Mortgage Trust Series 2012-C1, Class B 4.822%, 05/10/2045		120,000		124,464
UBS-Barclays Commercial Mortgage Trust Series 2012-C2, Class XA IO 1.323%, 05/10/2063 (C)		6,209,691		225,579
Verus Securitization Trust Series 2018-3, Class A1 4.108%, 10/25/2058 (C)(J)		596,468		606,320
VNDO Mortgage Trust Series 2013-PENN, Class D 3.947%, 12/13/2029 (C)(J)		417,000		418,211
Wachovia Bank Commercial Mortgage Trust Series 2005-C17, Class XC IO 0.423%, 03/15/2042 (C)		600,160		1,398

Active Bond Trust (continued)
	Shares or
	Principal
	Amount		Value
COLLATERALIZED MORTGAGE
OBLIGATIONS (continued)
Commercial and residential (continued)
WaMu Mortgage Pass Through Certificates
Series 2004-AR8, Class A2 (1 month LIBOR + 0.400%), 2.890%, 06/25/2044 (B)	$	490,095	$	489,212
Series 2005-AR2, Class 2A1B (1 month LIBOR + 0.370%), 2.860%, 01/25/2045 (B)		735,079		733,388
Series 2005-AR8, Class 2AB2 (1 month LIBOR + 0.840%), 3.330%, 07/25/2045 (B)		513,554		514,248
Series 2005-AR8, Class 2AB3 (1 month LIBOR + 0.720%), 3.210%, 07/25/2045 (B)		410,231		410,886
Washington Mutual Mortgage Pass Through Certificates Series 2005-1, Class 6A1 6.500%, 03/25/2035		279,848		266,807
Wells Fargo Commercial Mortgage Trust
Series 2013-120B, Class C, 2.710%, 03/18/2028 (C)(J)		344,000		340,893
Series 2017-SMP, Class D (1 month LIBOR + 1.650%), 4.139%, 12/15/2034 (B)(C)		160,000		159,957
Wells Fargo Mortgage Backed Securities Trust Series 2005-AR3, Class 1A2 4.552%, 03/25/2035 (J)		177,391		178,912
WFCG Commercial Mortgage Trust Series 2015-BXRP, Class D (1 month LIBOR + 2.571%) 5.060%, 11/15/2029 (B)(C)		84,360		84,484
WF-RBS Commercial Mortgage Trust
Series 2011-C3, Class XA IO, 1.327%, 03/15/2044 (C)		13,037,347		281,714
Series 2012-C10, Class XA IO, 1.563%, 12/15/2045 (C)		6,308,203		301,540
Series 2012-C9, Class XA IO, 1.882%, 11/15/2045 (C)		7,999,935		442,605
Series 2013-C15, Class B, 4.474%, 08/15/2046 (J)		58,000		60,495
Series 2013-C16, Class B, 5.037%, 09/15/2046 (J)		74,000		79,351
				45,060,229
U.S. Government Agency – 2.3%
Federal Home Loan Mortgage Corp.
Series 290, Class IO, 3.500%, 11/15/2032		1,949,571		265,947
Series 3387, Class SB IO, 3.931%, 11/15/2037		1,481,679		194,385
Series 3632, Class AP, 3.000%, 02/15/2040		1,255,811		1,264,506
Series 3830, Class NI IO, 4.500%, 01/15/2036		252,638		2,129
Series K005, Class AX IO, 1.343%, 11/25/2019		12,667,372		84,304
Series K011, Class X1 IO, 0.172%, 11/25/2020		46,946,136		156,687
Series K014, Class X1 IO, 1.149%, 04/25/2021		9,011,383		184,408
Series K015, Class X1 IO, 1.570%, 07/25/2021		9,092,716		275,827

19

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (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 Home Loan Mortgage Corp. (continued)
Series K018, Class X1 IO, 1.344%, 01/25/2022	$	3,446,416	$	102,150
Series K021, Class A2, 2.396%, 06/25/2022		1,000,000		995,735
Series K021, Class X1 IO, 1.441%, 06/25/2022		11,963,166		469,383
Series K022, Class X1 IO, 1.231%, 07/25/2022		5,029,644		171,145
Series K026, Class X1 IO, 0.995%, 11/25/2022		10,376,341		309,243
Series K710, Class X1 IO, 1.728%, 05/25/2019		2,038,603		208
Series KAIV, Class X1 IO, 1.266%, 06/25/2021		29,705,367		610,300
Series KS01, Class X1 IO, 1.306%, 01/25/2023		6,632,616		216,554
Series T-41, Class 3A, 5.459%, 07/25/2032 (J)		61,736		66,557
Federal National Mortgage Association
Series 2001-50, Class BA, 7.000%, 10/25/2041		9,606		10,721
Series 2010-15, Class KA, 4.000%, 03/25/2039		249,458		251,681
Series 2011-41, Class KA, 4.000%, 01/25/2041		363,520		371,763
Series 2011-86, Class NA, 4.000%, 01/25/2041		584,005		590,838
Series 2012-137, Class WI IO, 3.500%, 12/25/2032		2,092,370		303,834
Series 2012-21, Class PA, 2.000%, 03/25/2041		2,889,776		2,846,460
Series 2012-38, Class PA, 2.000%, 09/25/2041		987,006		965,759
Series 2012-M5, Class X IO, 0.528%, 02/25/2022		14,824,388		182,868
Series 2002-W3, Class A5, 7.500%, 11/25/2041		74,045		85,779
Government National Mortgage Association
Series 2008-90, Class IO, 1.875%, 12/16/2050		2,653,930		510,019
Series 2010-147, Class SA IO, 3.685%, 05/20/2040		1,762,005		162,685
Series 2010-85, Class SB IO, 4.119%, 03/16/2040		1,870,428		249,109
Series 2012-114, Class IO, 0.766%, 01/16/2053		782,754		35,956
Series 2012-120, Class IO, 0.780%, 02/16/2053		9,240,159		446,084
Series 2012-70, Class IO, 0.453%, 08/16/2052		5,755,535		94,028
Series 2015-41, Class IO, 0.628%, 09/16/2056		9,579,023		443,519
Series 2016-174, Class IO, 0.914%, 11/16/2056		925,346		70,487
Series 2017-109, Class IO, 0.611%, 04/16/ 2057		3,499,780		188,724
Series 2017-124, Class IO, 0.706%, 01/16/2059		2,752,350		175,864
Series 2017-135, Class IO, 0.839%, 10/16/2058		2,822,066		190,320

Active Bond Trust (continued)
	Shares or
	Principal
	Amount		Value
COLLATERALIZED MORTGAGE
OBLIGATIONS (continued)
U.S. Government Agency (continued)
Government National Mortgage Association (continued)
Series 2017-140, Class IO, 0.609%, 02/16/2059	$	2,529,496	$	149,597
Series 2017-159, Class IO, 0.545%, 06/16/2059		3,250,165		168,471
Series 2017-169, Class IO, 0.733%, 01/16/2060		5,098,269		325,847
Series 2017-20, Class IO, 0.748%, 12/16/2058		5,506,121		336,970
Series 2017-22, Class IO, 1.022%, 12/16/2057		711,645		61,187
Series 2017-41, Class IO, 0.793%, 07/16/2058		1,951,070		131,722
Series 2017-46, Class IO, 0.621%, 11/16/2057		1,720,833		98,551
Series 2017-61, Class IO, 0.768%, 05/16/2059		2,500,762		175,153
Series 2018-081, Class IO, 0.448%, 01/16/2060		624,949		32,679
Series 2018-158, Class IO, 0.726%, 05/16/2061		3,510,703		262,798
Series 2018-35, Class IO, 0.525%, 03/16/2060		4,184,175		233,556
Series 2018-43, Class IO, 0.577%, 05/16/2060		4,709,408		264,492
Series 2018-69, Class IO, 0.535%, 04/16/2060		2,892,496		165,238
Series 2018-9, Class IO, 0.558%, 01/16/2060		3,086,484		177,284
				16,129,511
TOTAL COLLATERALIZED MORTGAGE OBLIGATIONS (Cost $62,410,793)			$	61,189,740
ASSET BACKED SECURITIES – 10.5%
AccessLex Institute
Series 2005-1, Class A4 (3 month LIBOR + 0.210%) 3.034%, 06/22/2037 (B)		243,776		236,000
Series 2006-1, Class A3 (3 month LIBOR + 0.200%) 2.889%, 08/25/2037 (B)		853,374		835,178
Series 2007-A, Class A3 (3 month LIBOR + 0.300%) 2.989%, 05/25/2036 (B)		295,486		291,180
Ally Auto Receivables Trust Series 2017-4, Class A4 1.960%, 07/15/2022		300,000		296,911
Ally Master Owner Trust Series 2018-1, Class A2 2.700%, 01/17/2023		1,235,000		1,234,386
Americredit Automobile Receivables Trust
Series 2018-2, Class C 3.590%, 06/18/2024		265,000		269,402
Series 2018-3, Class C 3.740%, 10/18/2024		211,000		215,869
Ameriquest Mortgage Securities, Inc. Series 2005-R10, Class M1 (1 month LIBOR + 0.410%) 2.900%, 01/25/2036 (B)		423,286		423,309

20

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Active Bond Trust (continued)
	Shares or
	Principal
	Amount		Value
ASSET BACKED SECURITIES (continued)
Amresco Residential Securities Corp. Mortgage Loan Trust Series 1998-1, Class A6 6.510%, 08/25/2027 (J)	$	260	$	269
Applebee’s Funding LLC Series 2014-1, Class A2 4.277%, 09/05/2044 (C)		622,125		624,835
Arby’s Funding LLC Series 2015-1A, Class A2 4.969%, 10/30/2045 (C)		527,288		540,127
ARL First LLC Series 2012-1A, Class A2 3.810%, 12/15/2042 (C)		900,000		909,792
Avis Budget Rental Car Funding AESOP LLC Series 2019-1A, Class A 3.450%, 03/20/2023 (C)		280,000		282,966
BA Credit Card Trust
Series 2016-A1, Class A (1 month LIBOR + 0.390%) 2.879%, 10/15/2021 (B)		2,175,000		2,175,870
Series 2017-A1, Class A1 1.950%, 08/15/2022		3,730,000		3,707,111
Business Loan Express SBA Loan Trust Series 2005-1A, Class A (1 month LIBOR + 0.300%) 2.790%, 06/27/2033 (B)(C)		336,966		319,541
Capital One Multi-Asset Execution Trust
Series 2015-A8, Class A8 2.050%, 08/15/2023		3,500,000		3,471,040
Series 2016-A7, Class A7 (1 month LIBOR + 0.510%) 2.999%, 09/16/2024 (B)		3,123,000		3,142,845
CarMax Auto Owner Trust Series 2018-1, Class A3 2.480%, 11/15/2022		270,000		269,536
Centex Home Equity Loan Trust Series 2005-A, Class M4 (1 month LIBOR + 1.200%) 3.690%, 01/25/2035 (B)		156,736		145,473
Chase Issuance Trust Series 2016-A3, Class A3 (1 month LIBOR + 0.550%) 3.039%, 06/15/2023 (B)		4,500,000		4,532,085
Citibank Credit Card Issuance Trust
Series 2017-A3, Class A3 1.920%, 04/07/2022		3,000,000		2,979,443
Series 2017-A7, Class A7 (1 month LIBOR + 0.370%) 2.862%, 08/08/2024 (B)		3,000,000		3,002,997
Series 2018-A1, Class A1 2.490%, 01/20/2023		1,235,000		1,233,300
CLI Funding LLC Series 2018-1A, Class A 4.030%, 04/18/2043 (C)		534,205		538,166
CNH Equipment Trust
Series 2017-C, Class A3 2.080%, 02/15/2023		390,000		386,785
Series 2018-B, Class A3 3.190%, 11/15/2023		520,000		525,885
Coinstar Funding LLC Series 2017-1A, Class A2 5.216%, 04/25/2047 (C)		515,813		525,642

Active Bond Trust (continued)
	Shares or
	Principal
	Amount		Value
ASSET BACKED SECURITIES (continued)
Collegiate Funding Services Education Loan Trust Series 2005-A, Class A4 (3 month LIBOR + 0.200%) 3.013%, 03/28/2035 (B)	$	240,000	$	226,956
Conseco Finance Corp. Series 1996-10, Class M1 7.240%, 11/15/2028 (J)		250,007		262,579
ContiMortgage Home Equity Loan Trust Series 1995-2, Class A5 8.100%, 08/15/2025		6,958		4,069
Credit-Based Asset Servicing & Securitization LLC Series 2006-MH1, Class B1 6.250%, 10/25/2036 (C)		2,560,000		2,562,968
Cronos Containers Program I, Ltd. Series 2013-1A, Class A 3.080%, 04/18/2028 (C)		735,000		728,102
CWABS Asset-Backed Certificates Trust Series 2004-10, Class AF5B 4.616%, 02/25/2035		71,144		70,974
DB Master Finance LLC
Series 2015-1A, Class A2II 3.980%, 02/20/2045 (C)		542,400		541,673
Series 2017-1A, Class A2I 3.629%, 11/20/2047 (C)		212,313		212,459
Series 2017-1A, Class A2II 4.030%, 11/20/2047 (C)		227,125		228,031
Series 2019-1A, Class A2I 3.787%, 05/20/2049 (C)		1,015,000		1,017,741
DLL LLC Series 2018-ST2, Class A3 3.460%, 01/20/2022 (C)		370,000		373,747
Domino’s Pizza Master Issuer LLC
Series 2017-1A, Class A23 4.118%, 07/25/2047 (C)		610,700		619,567
Series 2017-1A, Class A2II 3.082%, 07/25/2047 (C)		985,000		973,082
Driven Brands Funding LLC Series 2015-1A, Class A2 5.216%, 07/20/2045 (C)		691,763		716,590
Enterprise Fleet Financing LLC Series 2018-3, Class A2 3.380%, 05/20/2024 (C)		487,000		490,812
Equity One ABS, Inc.
Series 2004-1, Class M2 5.615%, 04/25/2034		91,017		91,493
Series 2004-1, Class M3 5.760%, 04/25/2034		202,733		199,388
Evergreen Credit Card Trust Series 2018-1, Class A 2.950%, 03/15/2023 (C)		675,000		678,486
FOCUS Brands Funding LLC Series 2017-1A, Class A2I 3.857%, 04/30/2047 (C)		196,500		199,729
Ford Credit Auto Owner Trust
Series 2017-B, Class A4 1.870%, 09/15/2022		172,000		169,582
Series 2017-C, Class A4 2.160%, 03/15/2023		410,000		405,834
Series 2018-B, Class A3 3.240%, 04/15/2023		525,000		531,252
Ford Credit Floorplan Master Owner Trust Series 2017-2, Class A1 2.160%, 09/15/2022		685,000		679,654

21

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Active Bond Trust (continued)
	Shares or
	Principal
	Amount		Value
ASSET BACKED SECURITIES (continued)
Ford Credit Floorplan Master Owner Trust (continued)
Series 2018-3, Class A1 3.520%, 10/15/2023	$	825,000	$	840,560
FRS I LLC Series 2013-1A, Class B 3.960%, 04/15/2043 (C)		897,117		896,674
Goal Capital Funding Trust Series 2005-2, Class A4 (3 month LIBOR + 0.200%) 2.877%, 08/25/2044 (B)		1,077,000		1,058,280
Golden Credit Card Trust Series 2018-1A, Class A 2.620%, 01/15/2023 (C)		610,000		609,096
GSRPM Mortgage Loan Trust Series 2006-1, Class A1 (1 month LIBOR + 0.300%) 2.790%, 03/25/2035 (B)(C)		259,452		258,211
Hilton Grand Vacations Trust
Series 2017-AA, Class A 2.660%, 12/26/2028 (C)		518,590		514,612
Series 2018-AA, Class A 3.540%, 02/25/2032 (C)		156,526		158,711
Honda Auto Receivables Owner Trust
Series 2017-2, Class A4 1.870%, 09/15/2023		185,000		182,506
Series 2017-3, Class A4 1.980%, 11/20/2023		225,000		222,393
Series 2018-2, Class A3 3.010%, 05/18/2022		336,000		338,075
Series 2018-3, Class A3 2.950%, 08/22/2022		260,000		261,802
Hyundai Auto Receivables Trust Series 2018-B, Class A3 3.200%, 12/15/2022		329,000		332,578
InSite Issuer LLC
Series 2016-1A, Class A 2.883%, 11/15/2046 (C)		750,000		737,997
Series 2016-1A, Class B 4.557%, 11/15/2046 (C)		500,000		504,567
KeyCorp Student Loan Trust Series 2004-A, Class 1A2 (3 month LIBOR + 0.240%) 3.005%, 10/27/2042 (B)		318,040		309,008
Long Beach Mortgage Loan Trust Series 2004-1, Class M3 (1 month LIBOR + 1.050%) 3.540%, 02/25/2034 (B)		69,418		69,046
Mill City Mortgage Loan Trust Series 2018-3, Class A1 3.500%, 08/25/2058 (C)(J)		247,298		249,425
MMAF Equipment Finance LLC
Series 2017-B, Class A3 2.210%, 10/17/2022 (C)		387,000		384,108
Series 2019-A, Class A3 3.270%, 11/13/2023 (C)		324,000		325,193
MVW Owner Trust
Series 2015-1A, Class A 2.520%, 12/20/2032 (C)		47,432		46,939
Series 2018-1A, Class A 3.450%, 01/21/2036 (C)		469,940		476,638
Navient Private Education Loan Trust Series 2016-AA, Class A2A 3.910%, 12/15/2045 (C)		524,706		536,493

Active Bond Trust (continued)
	Shares or
	Principal
	Amount		Value
ASSET BACKED SECURITIES (continued)
Nelnet Student Loan Trust Series 2006-1, Class A6 (3 month LIBOR + 0.450%) 3.103%, 08/23/2036 (B)(C)	$	730,000	$	714,639
New Residential Mortgage LLC
Series 2018-FNT1, Class A 3.610%, 05/25/2023 (C)		293,771		296,410
Series 2018-FNT2, Class A 3.790%, 07/25/2054 (C)		158,116		159,427
NextGear Floorplan Master Owner Trust
Series 2017-1A, Class A2 2.540%, 04/18/2022 (C)		498,000		496,348
Series 2018-1A, Class A2 3.220%, 02/15/2023 (C)		175,000		175,654
Series 2018-2A, Class A2 3.690%, 10/15/2023 (C)		350,000		356,262
Nissan Auto Receivables Owner Trust
Series 2017-B, Class A4 1.950%, 10/16/2023		365,000		360,738
Series 2018-C, Class A3 3.220%, 06/15/2023		793,000		803,468
NRZ Excess Spread-Collateralized Notes
Series 2018-PLS1, Class A 3.193%, 01/25/2023 (C)		128,164		127,611
Series 2018-PLS2, Class A 3.265%, 02/25/2023 (C)		505,923		505,687
Option One Mortgage Loan Trust Series 2004-1, Class M1 (1 month LIBOR + 0.900%) 3.390%, 01/25/2034 (B)		312,183		310,083
Oxford Finance Funding LLC Series 2019-1A, Class A2 4.459%, 02/15/2027 (C)		185,000		187,157
PFS Financing Corp. Series 2018-B, Class A 2.890%, 02/15/2023 (C)		420,000		419,372
Renaissance Home Equity Loan Trust Series 2005-2, Class AF4 4.934%, 08/25/2035		149,112		151,381
Santander Drive Auto Receivables Trust
Series 2018-2, Class C 3.350%, 07/17/2023		265,000		266,301
Series 2018-3, Class C 3.510%, 08/15/2023		485,000		487,801
Sierra Timeshare Receivables Funding LLC
Series 2018-2A, Class A 3.500%, 06/20/2035 (C)		198,506		200,920
Series 2019-1A, Class A 3.200%, 01/20/2036 (C)		308,000		309,931
SLM Private Credit Student Loan Trust Series 2006-A, Class A5 (3 month LIBOR + 0.290%) 3.078%, 06/15/2039 (B)		160,206		155,702
SMB Private Education Loan Trust Series 2015-C, Class A2A 2.750%, 07/15/2027 (C)		226,380		225,972
Sonic Capital LLC Series 2016-1A, Class A2 4.472%, 05/20/2046 (C)		98,189		99,713
SunTrust Student Loan Trust Series 2006-1A, Class A4 (3 month LIBOR + 0.190%) 2.955%, 10/28/2037 (B)(C)		901,247		889,705
Taco Bell Funding LLC
Series 2016-1A, Class A2II 4.377%, 05/25/2046 (C)		687,750		702,537

22

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Active Bond Trust (continued)
	Shares or
	Principal
	Amount		Value
ASSET BACKED SECURITIES (continued)
Taco Bell Funding LLC (continued)
Series 2018-1A, Class A2I 4.318%, 11/25/2048 (C)	$	631,418	$	649,665
TAL Advantage V LLC Series 2014-1A, Class A 3.510%, 02/22/2039 (C)		440,042		439,665
Textainer Marine Containers VII, Ltd. Series 2018-1A, Class A 4.110%, 07/20/2043 (C)		266,560		270,096
Towd Point Mortgage Trust
Series 2015-1, Class A5 3.847%, 10/25/2053 (C)(J)		170,000		175,846
Series 2015-2, Class 1M2 3.748%, 11/25/2060 (C)(J)		310,000		318,463
Series 2015-6, Class M2 3.750%, 04/25/2055 (C)(J)		1,000,000		1,007,327
Series 2016-5, Class A1 2.500%, 10/25/2056 (C)(J)		222,990		219,115
Series 2017-1, Class A1 2.750%, 10/25/2056 (C)(J)		80,182		79,299
Series 2017-2, Class A1 2.750%, 04/25/2057 (C)(J)		138,514		137,104
Series 2018-1, Class A1 3.000%, 01/25/2058 (C)(J)		244,196		241,684
Series 2018-3, Class A1 3.750%, 05/25/2058 (C)(J)		296,472		299,899
Series 2018-4, Class A1 3.000%, 06/25/2058 (C)(J)		483,909		478,695
Series 2018-5, Class A1A 3.250%, 07/25/2058 (C)(J)		157,815		157,277
Series 2018-6, Class A1A 3.750%, 03/25/2058 (C)(J)		833,791		843,897
Series 2019-1, Class A1 3.750%, 03/25/2058 (C)(J)		343,892		349,277
Toyota Auto Receivables Owner Trust
Series 2017-C, Class A4 1.980%, 12/15/2022		320,000		315,735
Series 2018-C, Class A3 3.020%, 12/15/2022		555,000		560,014
Triton Container Finance V LLC Series 2018-1A, Class A 3.950%, 03/20/2043 (C)		301,500		304,970
Vantage Data Centers Issuer LLC Series 2018-1A, Class A2 4.072%, 02/16/2043 (C)		267,075		271,122
VB-S1 Issuer LLC
Series 2016-1A, Class D 4.459%, 06/15/2046 (C)		500,000		502,447
Series 2016-1A, Class F 6.901%, 06/15/2046 (C)		250,000		258,825
Verizon Owner Trust Series 2016-1A, Class A 1.420%, 01/20/2021 (C)		399,241		398,272
VSE VOI Mortgage LLC Series 2017-A, Class A 2.330%, 03/20/2035 (C)		343,299		337,186
Wachovia Student Loan Trust Series 2006-1, Class B (3 month LIBOR + 0.240%) 3.011%, 04/25/2040 (B)(C)		85,536		80,952
Wendy’s Funding LLC Series 2015-1A, Class A2II 4.080%, 06/15/2045 (C)		579,000		584,900
Westgate Resorts LLC
Series 2015-2A, Class B 4.000%, 07/20/2028 (C)		100,443		100,166

Active Bond Trust (continued)
	Shares or
	Principal
	Amount		Value
ASSET BACKED SECURITIES (continued)
Westgate Resorts LLC (continued)
Series 2016-1A, Class A 3.500%, 12/20/2028 (C)	$	35,738	$	35,740
Series 2017-1A, Class A 3.050%, 12/20/2030 (C)		238,911		237,516
Westlake Automobile Receivables Trust Series 2019-1A, Class C 4.050%, 03/15/2024 (C)		260,000		261,359
World Omni Auto Receivables Trust Series 2018-A, Class A3 2.500%, 04/17/2023		485,000		484,429
World Omni Automobile Lease Securitization Trust Series 2018-B, Class A3 3.190%, 12/15/2021		380,000		383,277
TOTAL ASSET BACKED SECURITIES (Cost $73,351,664)			$	73,600,661
PREFERRED SECURITIES – 0.1%
Consumer staples – 0.0%
Ocean Spray Cranberries, Inc., 6.250% (C)		2,216		190,576
Financials – 0.0%
GMAC Capital Trust I (3 month LIBOR + 5.785%), 8.469% (B)		8,934		232,641
Wells Fargo & Company, Series L, 7.500%		55		71,079
				303,720
Utilities – 0.1%
Dominion Energy, Inc., 6.750%		7,495		374,150
DTE Energy Company, 6.500%		3,610		199,814
				573,964
TOTAL PREFERRED SECURITIES (Cost $1,070,399)			$	1,068,260
SECURITIES LENDING COLLATERAL – 0.5%
John Hancock Collateral Trust, 2.6031% (K)(L)		363,808		3,640,556
TOTAL SECURITIES LENDING COLLATERAL (Cost $3,640,641)			$	3,640,556
SHORT-TERM INVESTMENTS – 11.1%
U.S. Government Agency – 1.3%
Federal Home Loan Bank Discount Note 2.250%, 04/01/2019 *	$	9,066,000		9,066,000
Money market funds – 9.8%
State Street Institutional U.S. Government Money Market Fund, Premier Class, 2.3851% (K)		68,430,799		68,430,799
Repurchase agreement – 0.0%
Barclays Tri-Party Repurchase Agreement dated 3-29-19 at 2.550% to be repurchased at $207,044 on 4-1-19, collateralized by $179,600 U.S. Treasury Inflation Indexed Notes, 1.375% due 1-15-20 (valued at $211,227, including interest)	$	207,000		207,000
TOTAL SHORT-TERM INVESTMENTS (Cost $77,702,110)			$	77,703,799
Total Investments (Active Bond Trust) (Cost $758,194,021) – 109.6%			$	768,700,225
Other assets and liabilities, net – (9.6%)				(67,573,623	)
TOTAL NET ASSETS – 100.0%			$	701,126,602

Currency Abbreviations
ARS	Argentine Peso
EUR	Euro

23

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Active Bond Trust (continued)
GBP	Pound Sterling
MXN	Mexican Peso
Security Abbreviations and Legend
CMT	Constant Maturity Treasury
IO	Interest-Only Security—(Interest Tranche of Stripped Mortgage Pool). Rate shown is the annualized yield at the end of the period.
ISDAFIX	International Swaps and Derivatives Association Fixed Interest Rate Swap Rate
LIBOR	London Interbank Offered 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)	Variable rate obligation. The coupon rate shown represents the rate at period end.
(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 $117,793,726 or 16.8% of the fund’s net assets as of 3-31-19.
(D)	All or a portion of this security is on loan as of 3-31-19. The value of securities on loan amounted to $3,559,880.
(E)	Non-income producing security.
(F)	Non-income producing—Issuer is in default.
(G)	Security is valued using significant unobservable inputs and is classified as Level 3 in the fair value hierarchy.
(H)	Perpetual bonds have no stated maturity date. Date shown as maturity date is next call date.
(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)	The rate shown is the annualized seven-day yield as of 3-31-19.
(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.
*	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		59,897,929	$	1,396,819,715
TOTAL INVESTMENT COMPANIES (Cost $1,029,382,700)			$	1,396,819,715
Total Investments (American Asset Allocation Trust) (Cost $1,029,382,700) – 100.0%			$	1,396,819,715
Other assets and liabilities, net – (0.0%)				(56,973	)
TOTAL NET ASSETS – 100.0%			$	1,396,762,742

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		6,968,640	$	207,804,853
TOTAL INVESTMENT COMPANIES (Cost $185,944,942)			$	207,804,853
Total Investments (American Global Growth Trust) (Cost $185,944,942) – 100.0%			$	207,804,853
Other assets and liabilities, net – (0.0%)				(22,114	)
TOTAL NET ASSETS – 100.0%			$	207,782,739
American Growth Trust
	Shares or
	Principal
	Amount		Value
INVESTMENT COMPANIES – 100.0%
American Funds Insurance Series – 100.0%
American Growth Fund – Class 1		10,579,360	$	839,578,000
TOTAL INVESTMENT COMPANIES (Cost $721,005,830)			$	839,578,000
Total Investments (American Growth Trust)
(Cost $721,005,830) – 100.0%			$	839,578,000
Other assets and liabilities, net – (0.0%)				(37,120	)
TOTAL NET ASSETS – 100.0%			$	839,540,880
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		19,445,241	$	992,096,205
TOTAL INVESTMENT COMPANIES (Cost $860,761,327)			$	992,096,205
Total Investments (American Growth-Income Trust) (Cost $860,761,327) - 100.0%			$	992,096,205
Other assets and liabilities, net – (0.0%)				(45,902	)
TOTAL NET ASSETS – 100.0%			$	992,050,303
American International Trust
	Shares or
	Principal
	Amount		Value
INVESTMENT COMPANIES – 100.0%
American Funds Insurance Series – 100.0%
American International Fund – Class 1		24,030,567	$	478,688,903
TOTAL INVESTMENT COMPANIES (Cost $446,295,171)			$	478,688,903
Total Investments (American International Trust) (Cost $446,295,171) – 100.0%			$	478,688,903
Other assets and liabilities, net – (0.0%)				(27,484	)
TOTAL NET ASSETS – 100.0%			$	478,661,419
Blue Chip Growth Trust
	Shares or
	Principal
	Amount		Value
COMMON STOCKS – 99.6%
Communication services – 15.7%
Entertainment – 2.2%
Activision Blizzard, Inc.		3,424	$	155,895
Electronic Arts, Inc. (A)		112,300		11,413,049

24

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Blue Chip Growth Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
Entertainment (continued)
Netflix, Inc. (A)		94,260	$	33,609,346
				45,178,290
Interactive media and services – 13.5%
Alphabet, Inc., Class A (A)		27,341		32,177,349
Alphabet, Inc., Class C (A)		77,172		90,546,679
Facebook, Inc., Class A (A)		623,883		103,995,057
InterActiveCorp (A)		42,185		8,863,490
Tencent Holdings, Ltd.		1,057,600		48,636,680
				284,219,255
				329,397,545
Consumer discretionary – 21.1%
Auto components – 0.6%
Aptiv PLC		175,641		13,961,703
Automobiles – 0.3%
Ferrari NV		18,491		2,474,096
Tesla, Inc. (A)(B)		11,534		3,227,905
				5,702,001
Hotels, restaurants and leisure – 3.0%
Domino’s Pizza, Inc.		1,000		258,100
Hilton Worldwide Holdings, Inc.		110,720		9,201,939
Marriott International, Inc., Class A		95,879		11,993,504
McDonald’s Corp.		45,319		8,606,078
Norwegian Cruise Line Holdings, Ltd. (A)		65,598		3,605,266
Restaurant Brands International, Inc. (B)		111,156		7,237,367
Royal Caribbean Cruises, Ltd.		93,742		10,744,708
Wynn Resorts, Ltd.		16,923		2,019,252
Yum! Brands, Inc.		88,792		8,862,330
				62,528,544
Internet and direct marketing retail – 15.3%
Alibaba Group Holding, Ltd., ADR (A)		401,311		73,219,192
Amazon.com, Inc. (A)		115,257		205,243,902
Booking Holdings, Inc. (A)		23,831		41,582,950
Ctrip.com International, Ltd., ADR (A)		57,840		2,527,030
				322,573,074
Multiline retail – 0.9%
Dollar General Corp.		155,651		18,569,164
Specialty retail – 0.9%
Ross Stores, Inc.		183,352		17,070,071
Ulta Beauty, Inc. (A)		7,271		2,535,616
				19,605,687
Textiles, apparel and luxury goods – 0.1%
VF Corp.		16,800		1,460,088
				444,400,261
Consumer staples – 0.2%
Beverages – 0.0%
Constellation Brands, Inc., Class A		1,406		246,514
Tobacco – 0.2%
Philip Morris International, Inc.		47,600		4,207,364
				4,453,878
Financials – 5.0%
Banks – 0.1%
Citigroup, Inc.		25,358		1,577,775
Capital markets – 3.5%
Ameriprise Financial, Inc.		776		99,406
Intercontinental Exchange, Inc.		178,681		13,604,771
Moody’s Corp.		2,500		452,725
Morgan Stanley		210,286		8,874,069
Raymond James Financial, Inc.		26,256		2,111,245
S&P Global, Inc.		32,448		6,831,926

Blue Chip Growth Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
Capital markets (continued)
TD Ameritrade Holding Corp.		545,131	$	27,251,099
The Charles Schwab Corp.		323,106		13,816,013
The Goldman Sachs Group, Inc.		2,524		484,583
				73,525,837
Insurance – 1.4%
American International Group, Inc.		50,728		2,184,348
Chubb, Ltd.		19,787		2,771,763
Marsh & McLennan Companies, Inc.		47,300		4,441,470
The Progressive Corp.		33,616		2,423,377
Willis Towers Watson PLC		96,754		16,994,840
				28,815,798
				103,919,410
Health care – 19.6%
Biotechnology – 2.4%
Alexion Pharmaceuticals, Inc. (A)		103,790		14,030,332
Celgene Corp. (A)		1,445		136,321
Regeneron Pharmaceuticals, Inc. (A)		6,200		2,545,844
Vertex Pharmaceuticals, Inc. (A)		184,499		33,938,591
				50,651,088
Health care equipment and supplies – 7.3%
Abbott Laboratories		74,439		5,950,654
Becton, Dickinson and Company		158,613		39,610,424
Boston Scientific Corp. (A)		5,400		207,252
Danaher Corp.		190,730		25,180,175
Intuitive Surgical, Inc. (A)		64,900		37,030,642
Stryker Corp.		229,787		45,387,528
				153,366,675
Health care providers and services – 7.3%
Anthem, Inc.		111,202		31,912,750
Centene Corp. (A)		185,226		9,835,501
Cigna Corp.		180,053		28,956,123
HCA Healthcare, Inc.		34,282		4,469,687
Humana, Inc.		42,958		11,426,828
UnitedHealth Group, Inc.		227,429		56,234,095
WellCare Health Plans, Inc. (A)		40,335		10,880,366
				153,715,350
Life sciences tools and services – 1.3%
Agilent Technologies, Inc.		27,671		2,224,195
Illumina, Inc. (A)		729		226,493
Thermo Fisher Scientific, Inc.		93,259		25,526,853
				27,977,541
Pharmaceuticals – 1.3%
Elanco Animal Health, Inc. (A)		99,666		3,196,289
Eli Lilly & Company		144,147		18,704,515
Merck & Company, Inc.		4,039		335,924
Pfizer, Inc.		59,800		2,539,706
Zoetis, Inc.		20,989		2,112,963
				26,889,397
				412,600,051
Industrials – 8.7%
Aerospace and defense – 4.9%
Harris Corp.		61,892		9,884,771
Northrop Grumman Corp.		59,005		15,907,748
The Boeing Company		201,278		76,771,455
				102,563,974
Airlines – 0.5%
American Airlines Group, Inc.		5,566		176,776
Delta Air Lines, Inc.		45,963		2,373,989
United Continental Holdings, Inc. (A)		96,973		7,736,506
				10,287,271

25

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Blue Chip Growth Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
Commercial services and supplies – 0.1%
Cintas Corp.		9,522	$	1,924,491
Industrial conglomerates – 1.5%
Honeywell International, Inc.		82,390		13,093,419
Roper Technologies, Inc.		55,624		19,021,739
				32,115,158
Machinery – 0.5%
Fortive Corp.		108,222		9,078,744
Xylem, Inc.		18,200		1,438,528
				10,517,272
Professional services – 0.1%
CoStar Group, Inc. (A)		4,106		1,915,121
IHS Markit, Ltd. (A)		11,247		611,612
				2,526,733
Road and rail – 1.1%
Canadian Pacific Railway, Ltd.		35,477		7,309,326
CSX Corp.		117,569		8,796,513
J.B. Hunt Transport Services, Inc.		2,279		230,840
Kansas City Southern		5,511		639,166
Norfolk Southern Corp.		8,719		1,629,494
Union Pacific Corp.		27,991		4,680,095
				23,285,434
				183,220,333
Information technology – 28.6%
Communications equipment – 0.1%
Motorola Solutions, Inc.		8,269		1,161,133
Electronic equipment, instruments and components – 0.0%
Corning, Inc.		6,155		203,731
IT services – 12.2%
Automatic Data Processing, Inc.		14,300		2,284,282
Fidelity National Information Services, Inc.		124,935		14,130,149
Fiserv, Inc. (A)		238,277		21,035,094
FleetCor Technologies, Inc. (A)		24,369		6,009,152
Global Payments, Inc.		208,671		28,487,765
Mastercard, Inc., Class A		263,318		61,998,223
PayPal Holdings, Inc. (A)		361,082		37,494,755
Visa, Inc., Class A		464,179		72,500,118
Worldpay, Inc., Class A (A)		117,258		13,308,783
				257,248,321
Semiconductors and semiconductor equipment – 2.1%
Analog Devices, Inc.		13,500		1,421,145
Broadcom, Inc.		17,405		5,233,858
KLA-Tencor Corp.		10,400		1,241,864
Lam Research Corp.		2,228		398,834
Maxim Integrated Products, Inc.		156,744		8,334,078
Microchip Technology, Inc.		3,838		318,400
NVIDIA Corp.		57,425		10,311,233
Texas Instruments, Inc.		104,169		11,049,206
Xilinx, Inc.		39,392		4,994,512
				43,303,130
Software – 14.0%
Intuit, Inc.		153,004		39,996,776
Microsoft Corp.		987,181		116,428,127
salesforce.com, Inc. (A)		255,056		40,393,219
ServiceNow, Inc. (A)		162,360		40,020,116
Splunk, Inc. (A)		122,928		15,316,829
VMware, Inc., Class A		92,825		16,755,841
Workday, Inc., Class A (A)		132,283		25,510,777
				294,421,685

Blue Chip Growth Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
Technology hardware, storage and peripherals – 0.2%
Apple, Inc.		21,464	$	4,077,087
				600,415,087
Materials – 0.5%
Chemicals – 0.4%
Air Products & Chemicals, Inc.		16,400		3,131,744
The Sherwin-Williams Company		9,419		4,056,857
				7,188,601
Containers and packaging – 0.1%
Ball Corp.		40,204		2,326,203
				9,514,804
Real estate – 0.0%
Equity real estate investment trusts – 0.0%
American Tower Corp.		2,731		538,171
Utilities – 0.2%
Electric utilities – 0.0%
NextEra Energy, Inc.		1,067		206,272
Multi-utilities – 0.2%
Sempra Energy		38,354		4,827,234
				5,033,506
TOTAL COMMON STOCKS (Cost $1,355,959,098)			$	2,093,493,046
SECURITIES LENDING COLLATERAL – 0.1%
John Hancock Collateral Trust, 2.6031% (C)(D)		309,068		3,092,781
TOTAL SECURITIES LENDING COLLATERAL (Cost $ 3,092,884)			$	3,092,781
SHORT-TERM INVESTMENTS – 0.5%
Money market funds – 0.5%
State Street Institutional U.S. Government Money Market Fund, Premier Class, 2.3851% (C)		2,215,883		2,215,883
T. Rowe Price Government Reserve Fund, 2.4853% (C)		7,659,050		7,659,050
				9,874,933
TOTAL SHORT-TERM INVESTMENTS (Cost $9,874,933)			$	9,874,933
Total Investments (Blue Chip Growth Trust) (Cost $1,368,926,915) – 100.2%			$	2,106,460,760
Other assets and liabilities, net – (0.2%)				(3,890,889	)
TOTAL NET ASSETS – 100.0%			$	2,102,569,871

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 3-31-19. The value of securities on loan amounted to $3,017,112.
(C)	The rate shown is the annualized seven-day yield as of 3-31-19.
(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.

Capital Appreciation Trust
	Shares or
	Principal
	Amount		Value
COMMON STOCKS – 99.4%
Communication services – 15.7%
Entertainment – 3.6%
Netflix, Inc. (A)		58,871	$	20,991,044
Interactive media and services – 12.1%
Alphabet, Inc., Class A (A)		14,440		16,994,292

26

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Capital Appreciation Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
Interactive media and services (continued)
Alphabet, Inc., Class C (A)		14,731	$	17,284,030
Facebook, Inc., Class A (A)		96,992		16,167,596
Tencent Holdings, Ltd.		426,905		19,632,415
				70,078,333
				91,069,377
Consumer discretionary – 19.8%
Automobiles – 1.7%
Tesla, Inc. (A)(B)		35,515		9,939,228
Hotels, restaurants and leisure – 2.1%
Chipotle Mexican Grill, Inc. (A)		7,624		5,415,403
Marriott International, Inc., Class A		52,662		6,587,490
				12,002,893
Internet and direct marketing retail – 9.2%
Alibaba Group Holding, Ltd., ADR (A)		89,960		16,413,202
Amazon.com, Inc. (A)		20,538		36,573,044
				52,986,246
Specialty retail – 2.0%
Lowe’s Companies, Inc.		42,563		4,659,372
The Home Depot, Inc.		37,150		7,128,714
				11,788,086
Textiles, apparel and luxury goods – 4.8%
Kering SA		14,243		8,169,816
Lululemon Athletica, Inc. (A)		48,361		7,924,917
NIKE, Inc., Class B		139,400		11,738,874
				27,833,607
				114,550,060
Consumer staples – 4.0%
Beverages – 0.3%
Constellation Brands, Inc., Class A		10,025		1,757,683
Food and staples retailing – 2.0%
Costco Wholesale Corp.		46,502		11,259,994
Personal products – 1.7%
The Estee Lauder Companies, Inc., Class A		61,015		10,101,033
				23,118,710
Financials – 2.1%
Banks – 0.9%
JPMorgan Chase & Co.		54,683		5,535,560
Capital markets – 1.2%
S&P Global, Inc.		32,483		6,839,296
				12,374,856
Health care – 14.2%
Biotechnology – 4.5%
Alexion Pharmaceuticals, Inc. (A)		67,160		9,078,689
BioMarin Pharmaceutical, Inc. (A)		73,314		6,512,483
Sage Therapeutics, Inc. (A)		14,615		2,324,516
Vertex Pharmaceuticals, Inc. (A)		42,964		7,903,228
				25,818,916
Health care equipment and supplies – 3.3%
Danaher Corp.		31,074		4,102,389
Edwards Lifesciences Corp. (A)		31,549		6,036,270
Intuitive Surgical, Inc. (A)		15,446		8,813,179
				18,951,838
Health care providers and services – 1.0%
UnitedHealth Group, Inc.		23,627		5,842,012
Life sciences tools and services – 1.9%
Illumina, Inc. (A)		35,709		11,094,429
Pharmaceuticals – 3.5%
AstraZeneca PLC, ADR		265,365		10,728,707

Capital Appreciation Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
Pharmaceuticals (continued)
Bristol-Myers Squibb Company		84,017	$	4,008,451
Merck & Company, Inc.		70,522		5,865,315
				20,602,473
				82,309,668
Industrials – 6.6%
Aerospace and defense – 5.0%
Airbus SE		26,698		3,538,451
Safran SA		50,701		6,949,117
The Boeing Company		49,041		18,705,218
				29,192,786
Road and rail – 1.6%
Lyft, Inc., Class A (A)		3,310		259,140
Union Pacific Corp.		53,940		9,018,768
				9,277,908
				38,470,694
Information technology – 35.2%
IT services – 12.6%
Adyen NV (A)(C)		9,548		7,488,990
FleetCor Technologies, Inc. (A)		29,975		7,391,535
Mastercard, Inc., Class A		95,848		22,567,412
PayPal Holdings, Inc. (A)		91,541		9,505,617
Square, Inc., Class A (A)		91,133		6,827,684
Visa, Inc., Class A		123,928		19,356,314
				73,137,552
Semiconductors and semiconductor equipment – 3.4%
Broadcom, Inc.		29,526		8,878,763
NVIDIA Corp.		59,948		10,764,263
				19,643,026
Software – 16.4%
Adobe, Inc. (A)		60,849		16,215,650
Microsoft Corp.		229,494		27,066,522
Red Hat, Inc. (A)		30,798		5,626,795
salesforce.com, Inc. (A)		160,748		25,457,661
ServiceNow, Inc. (A)		19,198		4,732,115
Splunk, Inc. (A)		48,949		6,099,045
Workday, Inc., Class A (A)		48,923		9,434,801
				94,632,589
Technology hardware, storage and peripherals – 2.8%
Apple, Inc.		84,746		16,097,503
				203,510,670
Real estate – 1.8%
Equity real estate investment trusts – 1.8%
American Tower Corp.		22,235		4,381,629
Crown Castle International Corp.		45,039		5,764,992
				10,146,621
TOTAL COMMON STOCKS (Cost $439,282,399)			$	575,550,656
SECURITIES LENDING COLLATERAL – 1.5%
John Hancock Collateral Trust, 2.6031% (D)(E)		871,676		8,722,685
TOTAL SECURITIES LENDING COLLATERAL (Cost $8,722,842)			$	8,722,685

27

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Capital Appreciation Trust (continued)
	Shares or
	Principal
	Amount		Value
SHORT-TERM INVESTMENTS – 0.8%
Money market funds – 0.8%
State Street Institutional U.S. Government Money Market Fund, Premier Class, 2.3851% (D)		4,426,990	$	4,426,990
TOTAL SHORT-TERM INVESTMENTS (Cost $4,426,990)			$	4,426,990
Total Investments (Capital Appreciation Trust) (Cost $452,432,231) – 101.7%			$	588,700,331
Other assets and liabilities, net – (1.7%)				(9,914,582	)
TOTAL NET ASSETS – 100.0%			$	578,785,749

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 3-31-19. The value of securities on loan amounted to $8,525,772.
(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 3-31-19.
(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 Value Trust
	Shares or
	Principal
	Amount		Value
COMMON STOCKS – 61.3%
Communication services – 3.9%
Interactive media and services – 3.9%
Alphabet, Inc., Class A (A)		1,510	$	1,777,104
Alphabet, Inc., Class C (A)		7,050		8,271,836
Facebook, Inc., Class A (A)		32,900		5,484,101
				15,533,041
Consumer discretionary – 5.1%
Auto components – 0.9%
Aptiv PLC		46,406		3,688,813
Hotels, restaurants and leisure – 1.5%
McDonald’s Corp.		12,839		2,438,126
Yum! Brands, Inc. (B)		34,623		3,455,722
				5,893,848
Internet and direct marketing retail – 2.7%
Amazon.com, Inc. (A)		4,839		8,617,049
Booking Holdings, Inc. (A)		1,120		1,954,299
				10,571,348
				20,154,009
Consumer staples – 0.4%
Beverages – 0.4%
Keurig Dr. Pepper, Inc. (C)		61,490		1,719,875
Energy – 1.1%
Oil, gas and consumable fuels – 1.1%
Concho Resources, Inc.		14,200		1,575,632
Enterprise Products Partners LP		103,806		3,020,755
TOTAL SA		1		56
				4,596,443
Financials – 7.4%
Banks – 1.3%
The PNC Financial Services Group, Inc.		41,615		5,104,496
Capital markets – 3.1%
Intercontinental Exchange, Inc.		52,261		3,979,153

Capital Appreciation Value Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
Capital markets (continued)
S&P Global, Inc.		39,549	$	8,327,042
				12,306,195
Insurance – 3.0%
Marsh & McLennan Companies, Inc.		125,993		11,830,743
				29,241,434
Health care – 13.8%
Health care equipment and supplies – 5.9%
Abbott Laboratories		17,894		1,430,446
Becton, Dickinson and Company		34,886		8,712,081
Danaher Corp.		100,568		13,276,987
				23,419,514
Health care providers and services – 2.2%
Anthem, Inc.		11,422		3,277,886
UnitedHealth Group, Inc. (B)		21,800		5,390,268
				8,668,154
Life sciences tools and services – 5.7%
PerkinElmer, Inc.		142,193		13,701,717
Thermo Fisher Scientific, Inc.		32,317		8,845,809
				22,547,526
				54,635,194
Industrials – 8.7%
Commercial services and supplies – 1.9%
Republic Services, Inc.		29,762		2,392,270
Waste Connections, Inc.		58,029		5,140,789
				7,533,059
Industrial conglomerates – 4.1%
General Electric Company		822,804		8,219,812
Roper Technologies, Inc.		22,948		7,847,528
				16,067,340
Machinery – 2.1%
Fortive Corp.		100,427		8,424,821
Professional services – 0.6%
Equifax, Inc.		20,683		2,450,936
				34,476,156
Information technology – 14.5%
Electronic equipment, instruments and components – 1.5%
TE Connectivity, Ltd.		74,628		6,026,211
IT services – 6.1%
Fidelity National Information Services, Inc.		22,461		2,540,339
Fiserv, Inc. (A)		122,266		10,793,642
Global Payments, Inc.		12,461		1,701,176
Mastercard, Inc., Class A		37		8,712
Visa, Inc., Class A (B)		58,873		9,195,374
				24,239,243
Semiconductors and semiconductor equipment – 3.4%
Maxim Integrated Products, Inc.		91,276		4,853,145
Texas Instruments, Inc. (B)		80,782		8,568,547
				13,421,692
Software – 3.5%
Intuit, Inc. (B)		6,900		1,803,729
Microsoft Corp.		99,900		11,782,206
				13,585,935
				57,273,081
Real estate – 0.8%
Equity real estate investment trusts – 0.8%
American Tower Corp.		15,600		3,074,136
Utilities – 5.6%

28

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Capital Appreciation Value Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
Electric utilities – 3.8%
American Electric Power Company, Inc.		61,647	$	5,162,936
Eversource Energy		35,763		2,537,385
NextEra Energy, Inc.		13,556		2,620,646
Xcel Energy, Inc.		86,092		4,839,231
				15,160,198
Multi-utilities – 1.5%
NiSource, Inc.		198,766		5,696,634
Water utilities – 0.3%
American Water Works Company, Inc.		11,402		1,188,773
				22,045,605
TOTAL COMMON STOCKS (Cost $200,647,178)			$	242,748,974
PREFERRED SECURITIES – 5.0%
Financials – 1.7%
Banks – 1.6%
JPMorgan Chase & Co., 5.750%		25,000		643,250
U.S. Bancorp, 5.500%		19,000		482,790
U.S. Bancorp (6.500% to 1-15-22, then 3 month LIBOR + 4.468%)		14,000		374,920
Wells Fargo & Company, Series L, 7.500%		3,702		4,784,280
				6,285,240
Capital markets – 0.1%
State Street Corp., 6.000%		2,346		60,011
The Charles Schwab Corp., 5.950%		1,000		25,970
The Charles Schwab Corp., 6.000%		15,000		390,450
				476,431
				6,761,671
Health care – 1.0%
Health care equipment and supplies – 1.0%
Becton, Dickinson and Company, 6.125%		61,259		3,786,419
Industrials – 0.3%
Machinery – 0.3%
Fortive Corp., 5.000%		1,082		1,139,172
Utilities – 2.0%
Electric utilities – 0.9%
Alabama Power Company, 5.000% (C)		10,000		257,200
American Electric Power Company, Inc., 6.125%		10,402		535,183
Duke Energy Corp., 5.625%		40,000		1,019,600
SCE Trust II, 5.100%		1,920		39,840
SCE Trust III (5.750% to 3-15-24, then 3 month LIBOR + 2.990%)		20,615		492,699
SCE Trust IV (5.375% to 9-15-25, then 3 month LIBOR + 3.132%)		30,000		661,500
SCE Trust V (5.450% to 3-15-26, then 3 month LIBOR + 3.790%)		8,000		179,200
SCE Trust VI, 5.000% (C)		25,000		513,750
				3,698,972
Multi-utilities – 1.1%
CMS Energy Corp., 5.875% (C)		50,000		1,308,500
CMS Energy Corp., 5.875%		50,000		1,287,500
DTE Energy Company, 5.250% (C)		35,000		876,400
NiSource, Inc. (6.500% to 3-15-24, then 5 Year CMT + 3.632%)		25,000		658,750
				4,131,150
				7,830,122
TOTAL PREFERRED SECURITIES (Cost $18,764,064)			$	19,517,384

Capital Appreciation Value Trust (continued)
	Shares or
	Principal
	Amount		Value
U.S. GOVERNMENT AND AGENCY
OBLIGATIONS – 3.3%
U.S. Government – 3.3%
U.S. Treasury Notes 2.375%, 02/29/2024	$	2,200,000	$	2,215,555
2.500%, 01/31/2024		9,555,700		9,671,414
2.625%, 12/31/2023		1,365,700		1,389,600
				13,276,569
TOTAL U.S. GOVERNMENT AND AGENCY OBLIGATIONS (Cost $13,113,719)			$	13,276,569
CORPORATE BONDS – 18.1%
Communication services – 5.4%
CCO Holdings LLC
4.000%, 03/01/2023 (D)		226,000		225,785
5.000%, 02/01/2028 (D)		2,095,000		2,071,431
5.125%, 02/15/2023		253,000		257,428
5.125%, 05/01/2023 to 05/01/2027 (D)		1,741,000		1,758,777
5.250%, 03/15/2021 to 09/30/2022		820,000		831,854
5.750%, 09/01/2023 to 01/15/2024		677,000		692,259
Charter Communications Operating LLC 3.579%, 07/23/2020		150,000		151,106
Comcast Corp.
3.300%, 10/01/2020		690,000		696,584
3.450%, 10/01/2021		310,000		316,177
Comcast Corp. (3 month LIBOR + 0.330%) 3.127%, 10/01/2020 (E)		335,000		335,340
Comcast Corp. (3 month LIBOR + 0.440%) 3.237%, 10/01/2021 (E)		265,000		265,267
Level 3 Financing, Inc. 5.375%, 08/15/2022		400,000		402,000
Netflix, Inc.
4.375%, 11/15/2026		1,260,000		1,234,800
4.875%, 04/15/2028		2,995,000		2,965,050
5.375%, 02/01/2021		25,000		25,961
5.500%, 02/15/2022		80,000		83,900
5.875%, 02/15/2025 (C)		405,000		437,663
5.875%, 11/15/2028 (D)		2,970,000		3,137,063
6.375%, 05/15/2029 (D)		1,405,000		1,519,156
Sirius XM Radio, Inc.
3.875%, 08/01/2022 (D)		195,000		193,538
4.625%, 05/15/2023 (D)		85,000		85,956
6.000%, 07/15/2024 (D)		465,000		481,856
T-Mobile USA, Inc. 6.000%, 03/01/2023		165,000		169,538
Unitymedia GmbH 6.125%, 01/15/2025 (D)		775,000		804,373
Verizon Communications, Inc. 3.125%, 03/16/2022		475,000		480,373
Verizon Communications, Inc. (3 month LIBOR + 1.000%) 3.788%, 03/16/2022 (E)		475,000		482,125
Virgin Media Secured Finance PLC 5.250%, 01/15/2021		325,000		333,938
Zayo Group LLC 5.750%, 01/15/2027 (D)		936,000		933,941
				21,373,239
Consumer discretionary – 2.3%
Amazon.com, Inc. 2.600%, 12/05/2019		465,000		464,477
Aptiv PLC 4.350%, 03/15/2029		195,000		198,098
AutoZone, Inc.
1.625%, 04/21/2019		50,000		49,952
2.500%, 04/15/2021		155,000		154,108

29

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Capital Appreciation Value Trust (continued)
	Shares or
	Principal
	Amount		Value
CORPORATE BONDS (continued)
Consumer discretionary (continued)
Cedar Fair LP 5.375%, 06/01/2024 to 04/15/2027	$	1,130,000	$	1,144,409
Dollar Tree, Inc. (3 month LIBOR + 0.700%) 3.473%, 04/17/2020 (E)		135,000		135,030
Hilton Domestic Operating Company, Inc. 4.250%, 09/01/2024		205,000		204,615
KFC Holding Company/Pizza Hut Holdings LLC/Taco Bell of America LLC
4.750%, 06/01/2027 (D)		1,642,000		1,613,265
5.000%, 06/01/2024 (D)		432,000		440,640
5.250%, 06/01/2026 (D)		530,000		534,969
Marriott International, Inc. (3 month LIBOR + 0.650%) 3.245%, 03/08/2021 (E)		135,000		135,338
New Red Finance, Inc. 4.625%, 01/15/2022 (D)		330,000		331,554
Service Corp. International 5.375%, 05/15/2024		250,000		256,563
Six Flags Entertainment Corp.
4.875%, 07/31/2024 (D)		170,000		167,344
5.500%, 04/15/2027 (D)		65,000		64,272
The Home Depot, Inc. 3.250%, 03/01/2022		200,000		204,602
The Home Depot, Inc. (3 month LIBOR + 0.310%) 3.049%, 03/01/2022 (E)		235,000		234,753
Yum! Brands, Inc.
3.750%, 11/01/2021		950,000		951,188
3.875%, 11/01/2020 to 11/01/2023		982,000		979,525
5.300%, 09/15/2019		182,000		182,910
5.350%, 11/01/2043		389,000		336,485
6.875%, 11/15/2037		367,000		370,670
				9,154,767
Consumer staples – 1.4%
Aramark Services, Inc. 5.000%, 04/01/2025 to 02/01/2028 (D)		710,000		720,432
B&G Foods, Inc. 4.625%, 06/01/2021		300,000		299,250
Conagra Brands, Inc. 3.800%, 10/22/2021		960,000		977,821
Conagra Brands, Inc. (3 month LIBOR + 0.750%) 3.511%, 10/22/2020 (E)		170,000		169,794
Nestle Holdings, Inc. 3.100%, 09/24/2021 (D)		1,420,000		1,437,520
Philip Morris International, Inc.
2.000%, 02/21/2020		380,000		377,471
2.625%, 02/18/2022		470,000		469,495
Philip Morris International, Inc. (3 month LIBOR + 0.420%) 3.066%, 02/21/2020 (E)		255,000		255,553
Reckitt Benckiser Treasury Services PLC (3 month LIBOR + 0.560%) 3.384%, 06/24/2022 (D)(E)		640,000		634,682
Unilever Capital Corp. 3.000%, 03/07/2022		225,000		227,283
				5,569,301
Energy – 0.4%
Enterprise Products Operating LLC 3.500%, 02/01/2022		335,000		341,511
EQT Corp. 8.125%, 06/01/2019		208,000		209,734

Capital Appreciation Value Trust (continued)
	Shares or
	Principal
	Amount		Value
CORPORATE BONDS (continued)
Energy (continued)
NuStar Logistics LP 4.800%, 09/01/2020	$	175,000	$	177,188
Shell International Finance BV (3 month LIBOR + 0.450%) 3.068%, 05/11/2020 (E)		810,000		813,740
				1,542,173
Financials – 1.4%
Marsh & McLennan Companies, Inc.
2.350%, 03/06/2020		140,000		139,536
2.750%, 01/30/2022		190,000		189,849
3.300%, 03/14/2023		65,000		65,926
Moody’s Corp. 4.250%, 02/01/2029		680,000		713,525
Refinitiv US Holdings, Inc.
6.250%, 05/15/2026 (D)		550,000		557,563
8.250%, 11/15/2026 (D)		735,000		721,219
State Street Corp. (5.250% to 9-15-20, then 3 month LIBOR + 3.597%) 09/15/2020 (C)(F)		435,000		444,244
State Street Corp. (5.625% to 12-15-23, then 3 month LIBOR + 2.539%) 12/15/2023 (F)		895,000		901,713
The Bank of New York Mellon Corp. (4.625% to 9-20-26, then 3 month LIBOR + 3.131%) 09/20/2026 (F)		375,000		354,375
The Bank of New York Mellon Corp. (4.950% to 6-20-20, then 3 month LIBOR + 3.420%) 06/20/2020 (F)		450,000		454,500
The PNC Financial Services Group, Inc. (5.000% to 11-1-26, then 3 month LIBOR + 3.300%) 11/01/2026 (F)		525,000		517,125
U.S. Bancorp (5.300% to 4-15-27, then 3 month LIBOR + 2.914%) 04/15/2027 (F)		350,000		356,125
				5,415,700
Health care – 1.8%
Avantor, Inc.
6.000%, 10/01/2024 (D)		85,000		88,188
9.000%, 10/01/2025 (D)		1,090,000		1,181,288
Becton, Dickinson and Company
2.675%, 12/15/2019		296,000		295,043
2.894%, 06/06/2022		226,000		224,812
3.363%, 06/06/2024		420,000		420,514
Becton, Dickinson and Company (3 month LIBOR + 1.030%) 3.769%, 06/06/2022 (E)		400,000		401,061
Centene Corp. 5.625%, 02/15/2021		130,000		131,950
Elanco Animal Health, Inc.
3.912%, 08/27/2021 (D)		346,000		351,823
4.272%, 08/28/2023 (D)		170,000		175,289
4.900%, 08/28/2028 (D)		400,000		425,042
Fresenius Medical Care US Finance, Inc. 5.750%, 02/15/2021 (D)		75,000		77,897
HCA Healthcare, Inc. 6.250%, 02/15/2021		175,000		183,899
HCA, Inc.
4.250%, 10/15/2019		485,000		487,488
6.500%, 02/15/2020		1,890,000		1,945,196
Hologic, Inc. 4.375%, 10/15/2025 (D)		287,000		285,508

30

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Capital Appreciation Value Trust (continued)
	Shares or
	Principal
	Amount		Value
CORPORATE BONDS (continued)
Health care (continued)
Teleflex, Inc.
4.625%, 11/15/2027	$	360,000	$	357,077
4.875%, 06/01/2026		331,000		337,206
				7,369,281
Industrials – 1.2%
3M Company 3.000%, 09/14/2021		245,000		247,893
Caterpillar Financial Services Corp. 2.250%, 12/01/2019		225,000		224,448
Continental Airlines 2009-2 Class A Pass Through Trust 7.250%, 05/10/2021		102,996		105,149
Continental Airlines 2012-1 Class A Pass Through Trust 4.150%, 10/11/2025		182,324		186,481
Delta Air Lines 2009-1 Class A Pass Through Trust 7.750%, 06/17/2021		55,192		56,610
Delta Air Lines 2011-1 Class A Pass Through Trust 5.300%, 10/15/2020		55,491		55,558
Fortive Corp. 1.800%, 06/15/2019		5,000		4,979
General Electric Company (5.000% to 1-21-21, then 3 month LIBOR + 3.330%) 01/21/2021 (F)		275,000		256,314
Lennox International, Inc. 3.000%, 11/15/2023		90,000		88,323
Moog, Inc. 5.250%, 12/01/2022 (D)		16,000		16,240
Northrop Grumman Corp. 2.550%, 10/15/2022		430,000		425,979
Roper Technologies, Inc.
3.650%, 09/15/2023		420,000		429,224
4.200%, 09/15/2028		350,000		363,132
Sensata Technologies BV
4.875%, 10/15/2023 (D)		85,000		87,550
5.000%, 10/01/2025 (D)		325,000		333,125
5.625%, 11/01/2024 (D)		90,000		95,850
Sensata Technologies UK Financing Company PLC 6.250%, 02/15/2026 (D)		200,000		212,000
Trinity Acquisition PLC 4.400%, 03/15/2026		270,000		280,346
US Airways 2010-1 Class A Pass Through Trust 6.250%, 10/22/2024		131,531		139,712
US Airways 2012-2 Class A Pass Through Trust 4.625%, 12/03/2026		16,334		16,883
US Airways 2012-2 Class B Pass Through Trust 6.750%, 12/03/2022		54,188		56,068
US Airways 2013-1 Class A Pass Through Trust 3.950%, 05/15/2027		179,587		181,742
US Airways 2013-1 Class B Pass Through Trust 5.375%, 05/15/2023		57,637		58,709
Waste Connections, Inc. 4.250%, 12/01/2028		160,000		170,215
Welbilt, Inc. 9.500%, 02/15/2024		342,000		368,933

Capital Appreciation Value Trust (continued)
	Shares or
	Principal
	Amount		Value
CORPORATE BONDS (continued)
Industrials (continued)
Xylem, Inc.
3.250%, 11/01/2026	$	75,000	$	73,703
4.875%, 10/01/2021		60,000		62,795
				4,597,961
Information technology – 1.2%
Amphenol Corp.
2.200%, 04/01/2020		285,000		283,189
3.200%, 04/01/2024		140,000		139,990
Apple, Inc. 1.500%, 09/12/2019		1,160,000		1,154,304
Fiserv, Inc.
2.700%, 06/01/2020		580,000		579,382
3.800%, 10/01/2023		240,000		246,116
4.200%, 10/01/2028		240,000		247,243
Solera LLC 10.500%, 03/01/2024 (D)		2,000,000		2,167,840
				4,818,064
Materials – 0.6%
Reynolds Group Issuer, Inc.
5.125%, 07/15/2023 (D)		440,000		447,150
5.750%, 10/15/2020		1,322,832		1,324,486
6.875%, 02/15/2021		301,487		302,618
Reynolds Group Issuer, Inc. (3 month LIBOR + 3.500%) 6.287%, 07/15/2021 (D)(E)		195,000		195,731
				2,269,985
Real estate – 0.9%
American Tower Corp. 3.300%, 02/15/2021		320,000		323,030
Camden Property Trust 4.100%, 10/15/2028		50,000		52,352
Crown Castle International Corp.
4.875%, 04/15/2022		400,000		421,740
5.250%, 01/15/2023		950,000		1,020,494
Equinix, Inc. 5.375%, 01/01/2022 to 04/01/2023		227,000		232,080
SBA Communications Corp.
4.000%, 10/01/2022		400,000		401,440
4.875%, 07/15/2022		1,010,000		1,023,888
				3,475,024
Utilities – 1.5%
American Electric Power Company, Inc.
3.650%, 12/01/2021		75,000		76,525
4.300%, 12/01/2028		280,000		297,284
Berkshire Hathaway Energy Company 2.400%, 02/01/2020		260,000		259,531
Dominion Energy, Inc. 2.962%, 07/01/2019		65,000		65,010
DTE Energy Company
3.700%, 08/01/2023		200,000		204,840
3.800%, 03/15/2027		700,000		706,427
Edison International 2.125%, 04/15/2020		190,000		188,555
Eversource Energy
2.750%, 03/15/2022		275,000		274,942
2.900%, 10/01/2024		175,000		173,745
3.300%, 01/15/2028		233,000		230,539
3.800%, 12/01/2023		125,000		129,495
4.250%, 04/01/2029		205,000		217,958
NextEra Energy Capital Holdings, Inc. 2.900%, 04/01/2022		225,000		225,267
NiSource, Inc.
3.490%, 05/15/2027		585,000		584,052
4.375%, 05/15/2047		430,000		436,366

31

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Capital Appreciation Value Trust (continued)
	Shares or
	Principal
	Amount		Value
CORPORATE BONDS (continued)
Utilities (continued)
NiSource, Inc. (5.650% to 6-15-23, then 5 Year CMT + 2.843%) 06/15/2023 (F)	$	575,000	$	560,625
NSTAR Electric Company 3.200%, 05/15/2027		360,000		360,532
Virginia Electric & Power Company
3.150%, 01/15/2026		125,000		125,193
3.500%, 03/15/2027		330,000		336,298
Wisconsin Public Service Corp. 3.350%, 11/21/2021		200,000		203,387
Xcel Energy, Inc. 4.000%, 06/15/2028		340,000		355,120
				6,011,691
TOTAL CORPORATE BONDS (Cost $70,826,661)			$	71,597,186
TERM LOANS (G) – 4.9%
Communication services – 0.3%
Formula One Management, Ltd., 2018 USD Term Loan (1 month LIBOR + 2.500%) 4.999%, 02/01/2024		425,045		408,724
Zayo Group LLC, 2017 Incremental Term Loan (1 month LIBOR + 2.250%) 4.749%, 01/19/2024		425,000		422,165
Zayo Group LLC, 2017 Term Loan B1 (1 month LIBOR + 2.000%) 4.499%, 01/19/2021		233,807		232,304
				1,063,193
Consumer staples – 0.0%
Prestige Brands, Inc., Term Loan B4 (1 month LIBOR + 2.000%) 4.499%, 01/26/2024		29,858		29,499
Energy – 0.2%
BCP Raptor LLC, Term Loan B (3 month LIBOR + 4.250%) 6.879%, 06/24/2024		615,362		576,520
Financials – 1.0%
HUB International, Ltd., 2018 Term Loan B (3 month LIBOR + 2.750%) 5.515%, 04/25/2025		2,698,481		2,606,274
Refinitiv US Holdings, Inc., 2018 USD Term Loan (1 month LIBOR + 3.750%) 6.249%, 10/01/2025		1,386,525		1,345,179
				3,951,453
Health care – 0.3%
Change Healthcare Holdings LLC, 2017 Term Loan B (1 month LIBOR + 2.750%) 5.249%, 03/01/2024		703,015		693,131
NVA Holdings, Inc., Term Loan B3 (1 month LIBOR + 2.750%) 5.249%, 02/02/2025		332,081		320,252
				1,013,383
Industrials – 0.3%
Trans Union LLC, 2018 Term Loan B4 (1 month LIBOR + 2.000%) 4.499%, 06/19/2025		570,688		562,367
Trans Union LLC, Term Loan A2 (1 month LIBOR + 1.750%) 4.249%, 08/09/2022		805,551		797,495
				1,359,862

Capital Appreciation Value Trust (continued)
	Shares or
	Principal
	Amount		Value
TERM LOANS (G)(continued)
Information technology – 2.7%
CCC Information Services, Inc., 2017 1st Lien Term Loan (1 month LIBOR + 3.000%) 5.500%, 04/26/2024	$	420,631	$	412,483
First Data Corp., 2017 USD Term Loan (1 month LIBOR + 2.000%) 4.486%, 07/08/2022		1,680,373		1,676,139
First Data Corp., 2018 Term Loan A (1 month LIBOR + 1.500%) 3.986%, 10/26/2023		596,250		592,845
First Data Corp., 2024 USD Term Loan (1 month LIBOR + 2.000%) 4.486%, 04/26/2024		6,504,600		6,484,176
Gartner, Inc., 2016 Term Loan A (1 month LIBOR + 1.500%) 3.999%, 03/20/2022		101,615		101,234
Kronos, Inc., 2017 Term Loan B (3 month LIBOR + 3.000%) 5.736%, 11/01/2023		1,257,678		1,244,750
Worldpay LLC, 2018 Term Loan A5 (1 week and 1 month LIBOR + 1.500%) 3.946%, 01/16/2023		256,500		255,915
				10,767,542
Materials – 0.1%
Berry Global, Inc., 2018 Term Loan S (1 month LIBOR + 1.750%) 4.243%, 02/08/2020		230,000		229,096
HB Fuller Company, 2017 Term Loan B (1 month LIBOR + 2.000%) 4.488%, 10/20/2024		235,119		230,637
				459,733
TOTAL TERM LOANS (Cost $19,474,580)			$	19,221,185
ASSET BACKED SECURITIES – 0.3%
Domino’s Pizza Master Issuer LLC Series 2017-1A, Class A23 4.118%, 07/25/2047 (D)		512,200		519,637
Domino’s Pizza Master Issuer LLC Series 2018-1A, Class A2I 4.116%, 07/25/2048 (D)		486,325		493,654
Wendy’s Funding LLC Series 2018-1A, Class A2I 3.573%, 03/15/2048 (D)		328,838		324,188
TOTAL ASSET BACKED SECURITIES (Cost $1,314,471)			$	1,337,479
PURCHASED OPTIONS – 0.0%
Calls – 0.0%
Over the Counter Option on Conagra Brands, Inc. (Expiration Date: 1-17-20; Strike Price: $25.00; Counterparty: Citigroup Global Markets, Inc.; Notional Amount: 24,200) (A)		242		103,182
TOTAL PURCHASED OPTIONS (Cost $33,901)			$	103,182
SECURITIES LENDING COLLATERAL – 0.5%
John Hancock Collateral Trust, 2.6031% (H)(I)		205,726		2,058,655
TOTAL SECURITIES LENDING COLLATERAL (Cost $2,058,725)			$	2,058,655
SHORT-TERM INVESTMENTS – 8.1%
Money market funds – 7.5%
T. Rowe Price Government Reserve Fund, 2.4853% (H)		29,686,141		29,686,141

32

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Capital Appreciation Value Trust (continued)
	Shares or
	Principal
	Amount		Value
SHORT-TERM INVESTMENTS (continued)
Repurchase agreement – 0.6%
Repurchase Agreement with State Street Corp. dated 3-29-19 at 1.300% to be repurchased at $2,216,240 on 4-1-19, collateralized by $2,310,000 U.S. Treasury Notes, 1.125% due 9-30-21 (valued at $2,263,292, including interest)	$	2,216,000	$	2,216,000
TOTAL SHORT-TERM INVESTMENTS (Cost $31,902,141)			$	31,902,141
Total Investments (Capital Appreciation Value Trust) (Cost $358,135,440) – 101.5%			$	401,762,755
Other assets and liabilities, net – (1.5%)				(5,809,987	)
TOTAL NET ASSETS – 100.0%			$	395,952,768

Security Abbreviations and Legend
CMT	Constant Maturity Treasury
LIBOR	London Interbank Offered Rate

Capital Appreciation Value Trust (continued)
(A)	Non-income producing security.
(B)	All or a portion of this security is segregated at the custodian as collateral for certain derivatives.
(C)	All or a portion of this security is on loan as of 3-31-19. The value of securities on loan amounted to $2,005,882.
(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 rate obligation. The coupon rate shown represents the rate at period end.
(F)	Perpetual bonds have no stated maturity date. Date shown as maturity date is next call date.
(G)	Term loans are variable rate obligations. The coupon rate shown represents the rate at period end.
(H)	The rate shown is the annualized seven-day yield as of 3-31-19.
(I)	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

WRITTEN OPTIONS

Options on securities
Counterparty (OTC)/		Exercise			Expiration		Number of		Notional
Exchange-traded	Name of issuer	price			date		contracts		amount		Premium		Value
Calls
JPMorgan Clearing Corp.	Abbott Laboratories		USD	85.00		Jan 2020		114		11,400	$	35,934	$	(44,064	)
Citigroup Global Markets, Inc.	Alphabet, Inc., Class A		USD	1,300.00		Jan 2020		20		2,000		97,382		(95,944	)
Citigroup Global Markets, Inc.	Alphabet, Inc., Class A		USD	1,340.00		Jan 2020		5		500		40,113		(18,099	)
Citigroup Global Markets, Inc.	Alphabet, Inc., Class A		USD	1,365.00		Jan 2020		17		1,700		49,611		(51,102	)
Citigroup Global Markets, Inc.	Alphabet, Inc., Class A		USD	1,400.00		Jan 2020		5		500		31,273		(11,444	)
Citigroup Global Markets, Inc.	Alphabet, Inc., Class A		USD	1,500.00		Jan 2020		4		400		17,036		(3,900	)
Citigroup Global Markets, Inc.	Amazon.com, Inc.		USD	1,800.00		Jan 2020		4		400		74,944		(76,354	)
Citigroup Global Markets, Inc.	Amazon.com, Inc.		USD	2,000.00		Jan 2020		1		100		11,608		(10,829	)
Citigroup Global Markets, Inc.	Amazon.com, Inc.		USD	2,025.00		Jan 2020		1		100		10,908		(10,037	)
Citigroup Global Markets, Inc.	Amazon.com, Inc.		USD	2,100.00		Jan 2020		1		100		8,958		(7,948	)
Citigroup Global Markets, Inc.	Amazon.com, Inc.		USD	2,300.00		Jan 2020		6		600		63,568		(24,841	)
Credit Suisse Securities (USA) LLC	Amazon.com, Inc.		USD	2,500.00		Jan 2020		2		200		24,705		(4,220	)
Credit Suisse Securities (USA) LLC	Amazon.com, Inc.		USD	2,600.00		Jan 2020		2		200		20,545		(3,003	)
Credit Suisse Securities (USA) LLC	Amazon.com, Inc.		USD	2,700.00		Jan 2020		3		300		25,663		(3,200	)
Citigroup Global Markets, Inc.	American Electric Power Company, Inc.		USD	82.50		Jan 2020		35		3,500		11,162		(19,134	)
Citigroup Global Markets, Inc.	American Electric Power Company, Inc.		USD	85.00		Jan 2020		158		15,800		22,372		(65,312	)
Credit Suisse International	American Tower Corp.		USD	170.00		Jan 2020		28		2,800		29,962		(88,453	)
Citigroup Global Markets, Inc.	American Tower Corp.		USD	175.00		Jan 2020		25		2,500		18,855		(68,904	)
Credit Suisse International	American Tower Corp.		USD	175.00		Jan 2020		59		5,900		46,011		(162,612	)

33

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Capital Appreciation Value Trust (continued)
Options on securities (continued)
Counterparty (OTC)/		Exercise			Expiration		Number of		Notional
Exchange-traded	Name of issuer	price			date		contracts		amount		Premium		Value
Calls (continued)
Citigroup Global Markets, Inc.	American Tower Corp.		USD	180.00		Jan 2020		34		3,400	$	21,631	$	(80,683	)
Citigroup Global Markets, Inc.	American Tower Corp.		USD	200.00		Jan 2020		10		1,000		9,417		(11,089	)
Citigroup Global Markets, Inc.	Anthem, Inc.		USD	300.00		Jan 2020		14		1,400		25,438		(27,059	)
Citigroup Global Markets, Inc.	Anthem, Inc.		USD	310.00		Jan 2020		14		1,400		19,838		(21,487	)
Citigroup Global Markets, Inc.	Anthem, Inc.		USD	330.00		Jan 2020		28		2,800		46,196		(25,964	)
Citigroup Global Markets, Inc.	Booking Holdings, Inc.		USD	2,075.00		Jan 2020		9		900		82,668		(48,618	)
Citigroup Global Markets, Inc.	Booking Holdings, Inc.		USD	2,100.00		Jan 2020		1		100		12,618		(4,859	)
Citigroup Global Markets, Inc.	Booking Holdings, Inc.		USD	2,125.00		Jan 2020		1		100		11,848		(4,362	)
Citigroup Global Markets, Inc.	Enterprise Products Partners LP		USD	30.00		Jan 2020		217		21,700		19,552		(21,756	)
JPMorgan Clearing Corp.	Facebook, Inc., Class A		USD	220.00		Jan 2020		94		9,400		39,695		(31,233	)
Citigroup Global Markets, Inc.	Intuit, Inc.		USD	260.00		Jan 2020		44		4,400		41,796		(110,741	)
Goldman Sachs & Company	Intuit, Inc.		USD	260.00		Jan 2020		4		400		5,297		(10,067	)
Citigroup Global Markets, Inc.	Intuit, Inc.		USD	270.00		Jan 2020		17		1,700		16,245		(34,132	)
Goldman Sachs & Company	Intuit, Inc.		USD	270.00		Jan 2020		4		400		4,324		(8,031	)
Citigroup Global Markets, Inc.	McDonald’s Corp.		USD	195.00		Jan 2020		26		2,600		26,124		(25,119	)
Credit Suisse Securities (USA) LLC	McDonald’s Corp.		USD	195.00		Jan 2020		11		1,100		8,330		(10,627	)
Citigroup Global Markets, Inc.	McDonald’s Corp.		USD	200.00		Jan 2020		26		2,600		21,564		(19,635	)
Credit Suisse Securities (USA) LLC	McDonald’s Corp.		USD	200.00		Jan 2020		10		1,000		6,156		(7,552	)
Citigroup Global Markets, Inc.	Microsoft Corp.		USD	120.00		Jan 2020		52		5,200		32,259		(46,043	)
Citigroup Global Markets, Inc.	Microsoft Corp.		USD	125.00		Jan 2020		92		9,200		52,428		(60,720	)
Credit Suisse Securities (USA) LLC	Microsoft Corp.		USD	125.00		Jan 2020		112		11,200		51,751		(73,920	)
Citigroup Global Markets, Inc.	Microsoft Corp.		USD	130.00		Jan 2020		93		9,300		40,327		(44,450	)
Credit Suisse Securities (USA) LLC	Microsoft Corp.		USD	130.00		Jan 2020		26		2,600		8,601		(12,427	)
RBC Capital Markets LLC	Microsoft Corp.		USD	130.00		Jan 2020		87		8,700		24,886		(41,582	)
Citigroup Global Markets, Inc.	Microsoft Corp.		USD	135.00		Jan 2020		41		4,100		18,799		(13,792	)
Credit Suisse Securities (USA) LLC	NextEra Energy, Inc.		USD	195.00		Jan 2020		17		1,700		5,933		(17,604	)
Credit Suisse Securities (USA) LLC	NextEra Energy, Inc.		USD	200.00		Jan 2020		118		11,800		51,429		(93,710	)
Citigroup Global Markets, Inc.	S&P Global, Inc.		USD	220.00		Jan 2020		20		2,000		16,938		(21,356	)
Citigroup Global Markets, Inc.	S&P Global, Inc.		USD	230.00		Jan 2020		19		1,900		9,352		(12,674	)
JPMorgan Clearing Corp.	Texas Instruments, Inc.		USD	120.00		Jan 2020		39		3,900		9,972		(15,563	)
RBC Capital Markets LLC	Texas Instruments, Inc.		USD	125.00		Jan 2020		180		18,000		59,307		(50,229	)
Goldman Sachs & Company	Texas Instruments, Inc.		USD	130.00		Jan 2020		8		800		5,806		(1,522	)
Citigroup Global Markets, Inc.	Thermo Fisher Scientific, Inc.		USD	300.00		Jan 2020		23		2,300		17,956		(28,081	)

34

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Capital Appreciation Value Trust (continued)
Options on securities (continued)
Counterparty (OTC)/		Exercise			Expiration		Number of		Notional
Exchange-traded	Name of issuer	price			date		contracts		amount		Premium		Value
Calls (continued)
Citigroup Global
Markets, Inc.	UnitedHealth Group, Inc.		USD	270.00		Jan 2020		16		1,600	$	26,606	$	(18,823	)
Goldman Sachs & Company	UnitedHealth Group, Inc.		USD	270.00		Jan 2020		24		2,400		23,645		(28,234	)
Citigroup Global Markets, Inc.	UnitedHealth Group, Inc.		USD	280.00		Jan 2020		16		1,600		17,519		(13,828	)
Citigroup Global Markets, Inc.	UnitedHealth Group, Inc.		USD	290.00		Jan 2020		20		2,000		36,340		(12,417	)
Goldman Sachs & Company	UnitedHealth Group, Inc.		USD	290.00		Jan 2020		9		900		16,471		(5,588	)
Citigroup Global Markets, Inc.	UnitedHealth Group, Inc.		USD	300.00		Jan 2020		28		2,800		41,111		(12,237	)
Goldman Sachs & Company	UnitedHealth Group, Inc.		USD	310.00		Jan 2020		2		200		1,729		(604	)
JPMorgan Clearing Corp.	UnitedHealth Group, Inc.		USD	310.00		Jan 2020		69		6,900		58,002		(20,852	)
Credit Suisse Securities (USA) LLC	Visa, Inc., Class A		USD	150.00		Jan 2020		33		3,300		30,571		(53,908	)
Credit Suisse Securities (USA) LLC	Visa, Inc., Class A		USD	155.00		Jan 2020		33		3,300		24,836		(43,792	)
Credit Suisse Securities (USA) LLC	Visa, Inc., Class A		USD	160.00		Jan 2020		54		5,400		37,267		(56,972	)
Credit Suisse Securities (USA) LLC	Visa, Inc., Class A		USD	165.00		Jan 2020		45		4,500		22,482		(36,856	)
Credit Suisse Securities (USA) LLC	Visa, Inc., Class A		USD	170.00		Jan 2020		45		4,500		23,585		(31,604	)
Goldman Sachs & Company	Visa, Inc., Class A		USD	170.00		Jan 2020		44		4,400		25,609		(30,901	)
Credit Suisse Securities (USA) LLC	Visa, Inc., Class A		USD	175.00		Jan 2020		44		4,400		15,827		(24,939	)
Goldman Sachs & Company	Visa, Inc., Class A		USD	175.00		Jan 2020		44		4,400		18,651		(24,939	)
Citigroup Global Markets, Inc.	Yum! Brands, Inc.		USD	100.00		Jan 2020		51		5,100		18,517		(34,574	)
Citigroup Global Markets, Inc.	Yum! Brands, Inc.		USD	105.00		Jan 2020		148		14,800		33,813		(63,953	)
Merrill Lynch, Pierce, Fenner & Smith, Inc.	Yum! Brands, Inc.		USD	105.00		Jan 2020		45		4,500		10,840		(19,445	)
											$	1,948,512	$	(2,340,553	)

Derivatives Currency Abbreviations
USD	U.S. Dollar
Derivatives Abbreviations
OTC	Over-the-counter

See Notes to Portfolio of Investments regarding investment transactions and other derivatives information.

Core Bond Trust
	Shares or
	Principal
	Amount		Value
U.S. GOVERNMENT AND AGENCY OBLIGATIONS – 55.1%
U.S. Government – 27.5%
U.S. Treasury Bonds
2.750%, 08/15/2047 to 11/15/2047	$	20,410,000	$	20,165,240
3.000%, 02/15/2048 to 02/15/2049		30,648,000		31,815,875
3.375%, 11/15/2048		2,419,000		2,698,413
3.750%, 11/15/2043		7,652,000		8,989,605
U.S. Treasury Notes
1.125%, 02/28/2021		9,500,000		9,292,930
1.375%, 09/30/2020 to 05/31/2021		17,192,000		16,934,728
1.625%, 10/15/2020 to 02/15/2026		14,066,000		13,564,565

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)
2.000%, 10/31/2022 to 11/15/2026	$	19,946,000	$	19,722,865
2.125%, 01/31/2021 to 03/31/2024		45,487,000		45,319,638
2.250%, 03/31/2021 to 08/15/2027		24,835,000		24,654,490
2.375%, 04/15/2021 to 02/29/2024		18,039,000		18,119,074
2.500%, 02/28/2021 to 02/28/2026		14,638,000		14,733,825
2.625%, 07/31/2020 to 02/15/2029		33,965,000		34,228,005
2.750%, 09/30/2020 to 02/15/2024		13,313,000		13,502,595
2.875%, 10/15/2021 to 08/15/2028		23,993,000		24,929,897

35

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (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 (continued)
U.S. Treasury Notes (continued)
3.125%, 11/15/2028	$	943,000	$	1,001,311
				299,673,056
U.S. Government Agency – 27.6%
Federal Home Loan Mortgage Corp.
3.500%, 05/01/2046 to 11/01/2048		12,949,673		13,182,888
3.859%, (12 month LIBOR + 1.640%), 07/01/2048 (A)		609,585		627,396
4.000%, TBA (B)		3,900,000		4,014,054
4.000%, 04/01/2034 to 11/01/2048		23,248,576		24,066,344
4.500%, 06/01/2039 to 07/01/2039		116,890		124,345
5.000%, 06/01/2044		986,193		1,074,698
Federal National Mortgage Association 2.953%, (12 month LIBOR + 1.599%), 08/01/2047 (A)		838,206		838,154
3.000%, 11/01/2046		1,643,760		1,659,585
3.126%, (12 month LIBOR + 1.620%), 03/01/2047 (A)		1,333,413		1,341,036
3.500%, TBA (B)		13,800,000		13,986,050
3.500%, 09/01/2033 to 09/01/2052		36,243,859		37,065,166
3.672%, (12 month LIBOR + 1.611%), 12/01/2048 (A)		792,421		812,980
3.727%, (12 month LIBOR + 1.620%), 08/01/2048 (A)		1,148,272		1,178,939
3.734%, (12 month LIBOR + 1.620%), 07/01/2048 (A)		1,025,448		1,050,998
3.752%, (12 month LIBOR + 1.620%), 08/01/2048 (A)		572,270		587,749
3.855%, (12 month LIBOR + 1.620%), 10/01/2048 (A)		917,270		944,072
4.000%, TBA (B)		12,000,000		12,341,561
4.000%, 07/01/2033 to 03/01/2049		41,661,984		43,210,077
4.500%, 05/01/2034 to 04/01/2049		27,481,817		29,207,112
5.000%, 07/01/2044 to 03/01/2049		22,021,618		23,949,463
Government National Mortgage Association
3.500%, 09/20/2045 to 01/20/2048		16,827,262		17,243,533
4.000%, TBA (B)		8,000,000		8,254,429
4.000%, 12/20/2047 to 05/20/2049		6,911,278		7,160,759
4.500%, 08/15/2047 to 03/20/2049		7,704,779		8,069,914
5.000%, TBA (B)		100,000		104,461
5.000%, 12/20/2039 to 04/20/2049		44,880,821		47,088,659
5.000%, 05/20/2049 (C)		743,000		779,570
				299,963,992
TOTAL U.S. GOVERNMENT AND AGENCY OBLIGATIONS (Cost $593,067,296)			$	599,637,048
FOREIGN GOVERNMENT OBLIGATIONS – 0.8%
Colombia – 0.1%
Republic of Colombia 5.200%, 05/15/2049		605,000		650,859
Indonesia – 0.0%
Republic of Indonesia 4.450%, 02/11/2024		550,000		573,143
Mexico – 0.3%
Government of Mexico
4.500%, 04/22/2029		1,850,000		1,915,675
4.600%, 02/10/2048		1,144,000		1,105,104
				3,020,779
Paraguay – 0.1%
Republic of Paraguay 5.400%, 03/30/2050 (D)		928,000		972,080

Core Bond Trust (continued)
	Shares or
	Principal
	Amount		Value
FOREIGN GOVERNMENT OBLIGATIONS (continued)
Qatar – 0.2%
State of Qatar
3.375%, 03/14/2024	$	1,936,000	$	1,954,547
4.817%, 03/14/2049		578,000		607,731
				2,562,278
South Korea – 0.1%
Republic of Korea
3.500%, 09/20/2028		715,000		743,732
3.875%, 09/20/2048		415,000		443,543
				1,187,275
TOTAL FOREIGN GOVERNMENT OBLIGATIONS (Cost $8,580,441)			$	8,966,414
CORPORATE BONDS – 23.3%
Communication services – 2.5%
AT&T, Inc.
3.400%, 05/15/2025		772,000		764,399
4.300%, 02/15/2030		569,000		576,316
4.350%, 03/01/2029		1,165,000		1,190,549
4.750%, 05/15/2046		194,000		190,310
4.850%, 03/01/2039		754,000		757,953
5.150%, 02/15/2050		1,205,000		1,233,914
5.250%, 03/01/2037		227,000		239,262
5.450%, 03/01/2047		273,000		292,171
Charter Communications Operating LLC
4.464%, 07/23/2022		371,000		383,964
5.050%, 03/30/2029		549,000		578,643
5.375%, 04/01/2038		332,000		334,249
5.750%, 04/01/2048		460,000		481,551
Comcast Corp.
3.300%, 10/01/2020		2,154,000		2,174,552
3.450%, 10/01/2021		1,731,000		1,765,489
3.700%, 04/15/2024		2,075,000		2,143,989
3.950%, 10/15/2025		689,000		720,875
4.000%, 03/01/2048		576,000		565,661
4.150%, 10/15/2028		865,000		911,964
4.600%, 10/15/2038		807,000		865,209
4.950%, 10/15/2058		671,000		741,501
Discovery Communications LLC
3.950%, 03/20/2028		593,000		576,689
5.200%, 09/20/2047		710,000		691,342
Fox Corp.
4.030%, 01/25/2024 (E)		404,000		419,223
4.709%, 01/25/2029 (E)		271,000		290,144
5.576%, 01/25/2049 (E)		433,000		490,005
The Walt Disney Company
4.950%, 10/15/2045 (E)		408,000		486,283
Time Warner Cable LLC
6.550%, 05/01/2037		268,000		296,456
TWDC Enterprises 18 Corp.
4.125%, 06/01/2044 (D)		204,000		217,519
Verizon Communications, Inc.
4.016%, 12/03/2029 (E)		398,000		411,311
4.125%, 08/15/2046		1,118,000		1,085,385
4.272%, 01/15/2036		363,000		367,681
4.329%, 09/21/2028		1,039,000		1,101,573
4.400%, 11/01/2034		823,000		857,337
4.522%, 09/15/2048		381,000		391,530
4.672%, 03/15/2055		204,000		208,767
5.500%, 03/16/2047		561,000		657,793
Viacom, Inc.
5.850%, 09/01/2043		321,000		349,203
Vodafone Group PLC
3.750%, 01/16/2024		733,000		739,531
Warner Media LLC
3.800%, 02/15/2027		308,000		306,421

36

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Core Bond Trust (continued)
	Shares or
	Principal
	Amount		Value
CORPORATE BONDS (continued)
Communication services (continued)
Warner Media LLC (continued)
5.350%, 12/15/2043	$	201,000	$	211,527
5.375%, 10/15/2041		303,000		321,701
				27,389,942
Consumer discretionary – 0.5%
Amazon.com, Inc. 2.800%, 08/22/2024		720,000		721,533
Ford Motor Company
4.750%, 01/15/2043		339,000		266,068
5.291%, 12/08/2046		718,000		602,233
Ford Motor Credit Company LLC 5.584%, 03/18/2024		714,000		723,848
General Motors Company
5.150%, 04/01/2038		365,000		334,027
5.950%, 04/01/2049		814,000		788,605
General Motors Financial Company, Inc. 5.650%, 01/17/2029		515,000		532,413
GLP Capital LP 5.300%, 01/15/2029		758,000		796,036
Starbucks Corp.
3.800%, 08/15/2025		40,000		41,250
4.500%, 11/15/2048		16,000		16,374
The Home Depot, Inc. 4.500%, 12/06/2048		570,000		632,952
				5,455,339
Consumer staples – 2.5%
Alimentation Couche-Tard, Inc. 4.500%, 07/26/2047 (E)		72,000		67,624
Altria Group, Inc.
4.400%, 02/14/2026		407,000		419,200
4.800%, 02/14/2029		604,000		623,259
Anheuser-Busch Companies LLC
3.650%, 02/01/2026 (E)		792,000		794,910
4.900%, 02/01/2046 (E)		1,253,000		1,259,153
Anheuser-Busch InBev Worldwide, Inc.
4.150%, 01/23/2025		1,194,000		1,244,882
4.900%, 01/23/2031		677,000		729,782
5.550%, 01/23/2049		453,000		498,036
BAT Capital Corp.
2.297%, 08/14/2020		583,000		577,290
2.764%, 08/15/2022		615,000		605,079
4.540%, 08/15/2047		443,000		388,564
Constellation Brands, Inc.
3.200%, 02/15/2023		195,000		196,320
3.500%, 05/09/2027		274,000		267,743
3.600%, 02/15/2028		605,000		592,580
3.700%, 12/06/2026		323,000		322,139
4.400%, 11/15/2025		61,000		64,084
4.650%, 11/15/2028 (D)		674,000		714,326
Costco Wholesale Corp.
2.750%, 05/18/2024		985,000		992,304
3.000%, 05/18/2027		1,300,000		1,299,750
Danone SA
2.589%, 11/02/2023 (E)		306,000		299,592
2.947%, 11/02/2026 (E)		2,709,000		2,598,864
Kraft Heinz Foods Company
2.800%, 07/02/2020		1,150,000		1,148,277
3.000%, 06/01/2026		316,000		295,451
4.375%, 06/01/2046		555,000		482,207
5.200%, 07/15/2045		141,000		136,027
Mars, Inc.
3.600%, 04/01/2034 (E)		487,000		489,505
4.125%, 04/01/2054 (E)		487,000		501,381
Nestle Holdings, Inc.
3.100%, 09/24/2021 (E)		1,252,000		1,267,447

Core Bond Trust (continued)
	Shares or
	Principal
	Amount		Value
CORPORATE BONDS (continued)
Consumer staples (continued)
Nestle Holdings, Inc. (continued)
3.350%, 09/24/2023 (E)	$	1,157,000	$	1,192,248
3.500%, 09/24/2025 (E)		878,000		910,979
3.625%, 09/24/2028 (E)		445,000		464,340
3.900%, 09/24/2038 (E)		483,000		503,766
4.000%, 09/24/2048 (E)		555,000		582,797
Reynolds American, Inc. 5.850%, 08/15/2045		379,000		389,376
Walmart, Inc.
3.550%, 06/26/2025		998,000		1,036,585
3.700%, 06/26/2028		2,597,000		2,734,238
4.050%, 06/29/2048		205,000		218,594
				26,908,699
Energy – 2.9%
Anadarko Petroleum Corp. 4.850%, 03/15/2021		344,000		356,652
Andeavor Logistics LP
3.500%, 12/01/2022		439,000		443,596
5.200%, 12/01/2047		545,000		545,719
BP Capital Markets America, Inc.
3.410%, 02/11/2026		1,054,000		1,076,327
3.796%, 09/21/2025		1,153,000		1,196,081
3.937%, 09/21/2028		2,669,000		2,798,934
Cimarex Energy Company
3.900%, 05/15/2027		295,000		294,429
4.375%, 03/15/2029		1,123,000		1,156,480
Devon Energy Corp. 5.600%, 07/15/2041		627,000		696,380
Ecopetrol SA 5.875%, 05/28/2045		370,000		383,413
Enbridge Energy Partners LP 7.375%, 10/15/2045		226,000		314,340
Enbridge, Inc. 2.900%, 07/15/2022		815,000		812,800
Encana Corp.
6.500%, 02/01/2038		592,000		695,577
6.625%, 08/15/2037		355,000		419,414
Energy Transfer Operating LP
5.250%, 04/15/2029		906,000		973,073
5.500%, 06/01/2027		900,000		976,611
6.125%, 12/15/2045		473,000		515,197
6.250%, 04/15/2049		788,000		883,186
6.500%, 02/01/2042		219,000		243,621
Enterprise Products Operating LLC 3.750%, 02/15/2025		382,000		393,510
EOG Resources, Inc. 2.625%, 03/15/2023		1,195,000		1,186,825
HollyFrontier Corp. 5.875%, 04/01/2026		499,000		532,929
Kinder Morgan Energy Partners LP 5.500%, 03/01/2044		277,000		297,407
Kinder Morgan, Inc.
5.000%, 02/15/2021 (E)		1,172,000		1,212,191
5.550%, 06/01/2045		522,000		571,300
Marathon Petroleum Corp. 4.750%, 09/15/2044		415,000		413,879
MPLX LP
4.125%, 03/01/2027		462,000		465,286
4.700%, 04/15/2048		188,000		180,327
5.500%, 02/15/2049		512,000		547,110
Murphy Oil Corp. 5.875%, 12/01/2042		627,000		560,370
Newfield Exploration Company 5.375%, 01/01/2026		1,259,000		1,360,662

37

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Core Bond Trust (continued)
	Shares or
	Principal
	Amount		Value
CORPORATE BONDS (continued)
Energy (continued)
Petroleos Mexicanos
2.378%, 04/15/2025	$	893,750	$	887,393
2.460%, 12/15/2025		2,268,700		2,259,227
6.350%, 02/12/2048		1,070,000		943,366
6.750%, 09/21/2047		729,000		670,709
Schlumberger Finance Canada, Ltd. 2.650%, 11/20/2022 (E)		771,000		769,396
Schlumberger Holdings Corp. 4.000%, 12/21/2025 (E)		1,060,000		1,093,545
Shell International Finance BV
3.250%, 05/11/2025		816,000		831,544
3.500%, 11/13/2023		640,000		661,946
The Williams Companies, Inc.
3.700%, 01/15/2023		289,000		294,326
4.550%, 06/24/2024		471,000		497,444
5.750%, 06/24/2044		242,000		266,618
				31,679,140
Financials – 5.5%
AIB Group PLC 4.750%, 10/12/2023 (E)		1,184,000		1,223,272
American International Group, Inc.
4.200%, 04/01/2028		589,000		598,811
4.375%, 01/15/2055		295,000		265,037
4.500%, 07/16/2044		338,000		324,227
6.250%, 05/01/2036		375,000		430,989
Banco Santander SA
3.800%, 02/23/2028		1,200,000		1,164,554
4.379%, 04/12/2028		400,000		405,519
Bank of America Corp. 3.248%, 10/21/2027		29,000		28,418
Bank of America Corp. (3.419% to 12-20-27, then 3 month LIBOR + 1.040%) 12/20/2028		4,161,000		4,072,588
Bank of America Corp. (3.458% to 3-15-24, then 3 month LIBOR + 0.970%) 03/15/2025		2,847,000		2,876,868
Bank of America Corp. (3.705% to 4-24-27, then 3 month LIBOR + 1.512%) 04/24/2028		646,000		649,450
Bank of America Corp. (3.974% to 2-7-29, then 3 month LIBOR + 1.210%) 02/07/2030		364,000		371,375
Bank of America Corp. (4.244% to 4-24-37, then 3 month LIBOR + 1.814%) 04/24/2038		423,000		434,937
Barclays PLC (4.610% to 2-15-22, then 3 month LIBOR + 1.400%) 02/15/2023		1,070,000		1,093,499
BB&T Corp.
3.050%, 06/20/2022		1,331,000		1,338,882
3.875%, 03/19/2029		1,484,000		1,500,537
Brighthouse Financial, Inc. 3.700%, 06/22/2027		395,000		356,282
Burlington Northern Santa Fe LLC 4.900%, 04/01/2044		217,000		248,956
Canadian Imperial Bank of Commerce 3.100%, 04/02/2024		2,133,000		2,124,485
Capital One Financial Corp.
3.800%, 01/31/2028		383,000		378,306
4.250%, 04/30/2025		891,000		925,380
Citigroup, Inc. 3.200%, 10/21/2026		3,096,000		3,034,824
Citigroup, Inc. (3.668% to 7-24-27, then 3 month LIBOR + 1.390%) 07/24/2028		394,000		393,383

Core Bond Trust (continued)
	Shares or
	Principal
	Amount		Value
CORPORATE BONDS (continued)
Financials (continued)
Citigroup, Inc. (3.980% to 3-20-29, then 3 month LIBOR + 1.338%) 03/20/2030	$	1,138,000	$	1,158,077
Danske Bank A/S 3.875%, 09/12/2023 (E)		980,000		963,130
HSBC Holdings PLC (3.803% to 3-11-24, then 3 month LIBOR + 1.211%) 03/11/2025		2,735,000		2,776,411
HSBC Holdings PLC (4.583% to 6-19-28, then 3 month LIBOR + 1.535%) 06/19/2029		267,000		280,974
Ingersoll-Rand Luxembourg Finance SA
3.500%, 03/21/2026		621,000		626,584
3.800%, 03/21/2029		829,000		841,574
JPMorgan Chase & Co. (3.207% to 4-1-22, then 3 month LIBOR + 0.695%) 04/01/2023		2,466,000		2,481,908
JPMorgan Chase & Co. (3.882% to 7-24-37, then 3 month LIBOR + 1.360%) 07/24/2038		1,389,000		1,365,274
JPMorgan Chase & Co. (4.005% to 4-23-28, then 3 month LIBOR + 1.120%) 04/23/2029		759,000		780,316
JPMorgan Chase & Co. (4.023% to 12-5-23, then 3 month LIBOR + 1.000%) 12/05/2024		2,226,000		2,310,934
Lazard Group LLC
4.375%, 03/11/2029		120,000		121,038
4.500%, 09/19/2028		788,000		811,912
Liberty Mutual Group, Inc.
4.250%, 06/15/2023 (E)		85,000		88,109
4.569%, 02/01/2029 (E)		1,068,000		1,111,801
Lloyds Banking Group PLC
3.900%, 03/12/2024		1,314,000		1,331,169
4.344%, 01/09/2048		317,000		286,153
Mitsubishi UFJ Financial Group, Inc.
3.218%, 03/07/2022		1,410,000		1,420,834
3.407%, 03/07/2024		1,736,000		1,759,834
Morgan Stanley 2.750%, 05/19/2022		5,000		4,971
PNC Bank NA 3.500%, 06/08/2023		513,000		527,811
Prudential Financial, Inc.
4.350%, 02/25/2050		1,576,000		1,631,571
4.600%, 05/15/2044		201,000		213,740
Santander UK Holdings PLC (4.796% to 11-15-23, then 3 month LIBOR + 1.570%) 11/15/2024		394,000		405,863
Synchrony Financial
4.375%, 03/19/2024		555,000		562,445
5.150%, 03/19/2029		797,000		809,003
The Goldman Sachs Group, Inc.
3.500%, 11/16/2026		1,332,000		1,315,294
3.625%, 02/20/2024		380,000		383,985
The Goldman Sachs Group, Inc. (2.876% to 10-31-21, then 3 month LIBOR + 0.821%) 10/31/2022		419,000		415,558
The Goldman Sachs Group, Inc. (4.411% to 4-23-38, then 3 month LIBOR + 1.430%) 04/23/2039		1,034,000		1,038,894
The PNC Financial Services Group, Inc. 3.500%, 01/23/2024		1,531,000		1,572,911
The Royal Bank of Scotland Group PLC (4.892% to 5-18-28, then 3 month LIBOR + 1.754%) 05/18/2029		677,000		703,271

38

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Core Bond Trust (continued)
	Shares or
	Principal
	Amount		Value
CORPORATE BONDS (continued)
Financials (continued)
The Royal Bank of Scotland Group PLC (5.076% to 1-27-29, then 3 month LIBOR + 1.905%) 01/27/2030	$	467,000	$	491,847
Torchmark Corp. 4.550%, 09/15/2028		1,153,000		1,218,388
UBS Group Funding Switzerland AG 2.650%, 02/01/2022 (E)		989,000		980,426
Voya Financial, Inc. 3.125%, 07/15/2024		339,000		334,203
Westpac Banking Corp. 3.300%, 02/26/2024		958,000		968,901
Willis North America, Inc. 4.500%, 09/15/2028		1,194,000		1,242,508
				59,578,201
Health care – 2.8%
Abbott Laboratories
3.400%, 11/30/2023		214,000		218,502
3.750%, 11/30/2026		696,000		723,167
3.875%, 09/15/2025		158,000		165,307
4.900%, 11/30/2046		796,000		920,360
AbbVie, Inc.
2.500%, 05/14/2020		1,461,000		1,456,606
4.250%, 11/14/2028		1,061,000		1,084,699
4.875%, 11/14/2048		603,000		594,021
Becton, Dickinson and Company
2.404%, 06/05/2020		1,280,000		1,270,951
3.363%, 06/06/2024		834,000		835,022
3.700%, 06/06/2027		643,000		641,198
3.734%, 12/15/2024		1,019,000		1,035,201
4.685%, 12/15/2044		608,000		628,369
Boston Scientific Corp.
3.750%, 03/01/2026		629,000		641,949
4.000%, 03/01/2029		847,000		874,364
4.700%, 03/01/2049		419,000		446,459
Celgene Corp.
2.750%, 02/15/2023		1,368,000		1,355,423
2.875%, 02/19/2021		379,000		378,612
3.900%, 02/20/2028		393,000		401,590
Cigna Corp.
3.400%, 09/17/2021 (E)		864,000		873,218
3.750%, 07/15/2023 (E)		1,066,000		1,093,471
4.375%, 10/15/2028 (E)		858,000		889,293
4.800%, 08/15/2038 (E)		89,000		91,478
4.900%, 12/15/2048 (E)		192,000		198,700
CVS Health Corp.
3.700%, 03/09/2023		960,000		975,340
4.000%, 12/05/2023		572,000		588,049
4.300%, 03/25/2028		1,264,000		1,281,944
4.780%, 03/25/2038		1,000,000		991,738
5.050%, 03/25/2048		636,000		641,046
Edwards Lifesciences Corp. 4.300%, 06/15/2028		616,000		646,623
Merck & Company, Inc.
3.400%, 03/07/2029		683,000		701,404
4.000%, 03/07/2049		644,000		668,549
Pfizer, Inc.
2.800%, 03/11/2022		1,146,000		1,156,520
2.950%, 03/15/2024		955,000		967,485
3.450%, 03/15/2029		840,000		862,317
4.100%, 09/15/2038		217,000		228,180
4.200%, 09/15/2048		930,000		997,694
Sanofi 3.375%, 06/19/2023 (D)		1,059,000		1,088,007
UnitedHealth Group, Inc. 3.500%, 02/15/2024		638,000		657,250

Core Bond Trust (continued)
	Shares or
	Principal
	Amount		Value
CORPORATE BONDS (continued)
Health care (continued)
UnitedHealth Group, Inc. (continued)
3.700%, 12/15/2025	$	425,000	$	441,183
4.450%, 12/15/2048		318,000		346,334
				30,057,623
Industrials – 1.8%
Air Lease Corp. 3.625%, 04/01/2027 to 12/01/2027		1,342,000		1,257,220
Crowley Conro LLC 4.181%, 08/15/2043		568,400		607,515
CSX Corp.
4.250%, 03/15/2029		389,000		413,427
4.750%, 11/15/2048		274,000		297,734
Delta Air Lines, Inc. 4.375%, 04/19/2028		279,000		273,365
FedEx Corp.
4.550%, 04/01/2046		423,000		408,387
4.950%, 10/17/2048		719,000		741,099
General Electric Company
4.500%, 03/11/2044		1,047,000		958,132
5.875%, 01/14/2038		476,000		507,040
Lockheed Martin Corp.
4.070%, 12/15/2042		675,000		688,327
4.090%, 09/15/2052		320,000		325,531
Northrop Grumman Corp.
2.550%, 10/15/2022		1,241,000		1,229,394
2.930%, 01/15/2025		59,000		58,225
3.250%, 08/01/2023 to 01/15/2028		1,671,000		1,676,735
The Boeing Company
3.500%, 03/01/2039		409,000		392,270
3.550%, 03/01/2038		173,000		166,787
3.850%, 11/01/2048		76,000		75,628
Union Pacific Corp.
2.950%, 03/01/2022		1,089,000		1,097,927
3.150%, 03/01/2024		837,000		849,870
3.700%, 03/01/2029		1,268,000		1,303,643
4.300%, 03/01/2049		1,027,000		1,061,720
United Technologies Corp.
3.650%, 08/16/2023		1,470,000		1,509,231
3.950%, 08/16/2025		554,000		575,746
4.125%, 11/16/2028		727,000		757,680
4.450%, 11/16/2038		512,000		530,148
4.625%, 11/16/2048		423,000		449,805
Valmont Industries, Inc.
5.000%, 10/01/2044		371,000		348,880
5.250%, 10/01/2054		11,000		10,331
Wabtec Corp.
4.400%, 03/15/2024		632,000		642,834
4.950%, 09/15/2028		837,000		849,133
				20,063,764
Information technology – 1.6%
Apple, Inc.
2.850%, 05/11/2024		720,000		722,538
3.200%, 05/13/2025 to 05/11/2027		1,685,000		1,702,656
4.250%, 02/09/2047		530,000		566,480
4.375%, 05/13/2045		355,000		386,911
4.500%, 02/23/2036		384,000		430,513
Broadcom, Inc.
4.250%, 04/15/2026 (E)		2,430,000		2,412,042
4.750%, 04/15/2029 (E)		972,000		967,383
Fiserv, Inc. 4.200%, 10/01/2028		66,000		67,992
Hewlett Packard Enterprise Company 6.350%, 10/15/2045		569,000		596,903
IBM Corp. 4.700%, 02/19/2046		319,000		349,018

39

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Core Bond Trust (continued)
	Shares or
	Principal
	Amount		Value
CORPORATE BONDS (continued)
Information technology (continued)
Lam Research Corp.
3.750%, 03/15/2026	$	624,000	$	635,532
4.000%, 03/15/2029		1,483,000		1,512,637
4.875%, 03/15/2049		512,000		540,890
Microsoft Corp.
3.300%, 02/06/2027		772,000		793,618
4.000%, 02/12/2055		506,000		531,007
4.100%, 02/06/2037		630,000		686,250
4.250%, 02/06/2047		643,000		718,223
4.500%, 02/06/2057		464,000		534,431
NXP BV
4.625%, 06/01/2023 (E)		834,000		866,109
4.875%, 03/01/2024 (E)		462,000		487,512
5.350%, 03/01/2026 (E)		393,000		422,899
Oracle Corp.
2.625%, 02/15/2023		520,000		520,169
2.950%, 11/15/2024		278,000		278,852
3.800%, 11/15/2037		284,000		284,365
Texas Instruments, Inc. 3.875%, 03/15/2039		571,000		592,253
				17,607,183
Materials – 0.6%
Avery Dennison Corp. 4.875%, 12/06/2028		264,000		282,855
Barrick North America Finance LLC
5.700%, 05/30/2041		458,000		524,138
5.750%, 05/01/2043		294,000		341,389
DowDuPont, Inc.
4.205%, 11/15/2023		583,000		609,904
4.725%, 11/15/2028		398,000		429,839
5.419%, 11/15/2048		434,000		492,798
Huntsman International LLC
4.500%, 05/01/2029		761,000		758,464
5.125%, 11/15/2022		318,000		331,913
International Paper Company 4.350%, 08/15/2048		329,000		307,663
Southern Copper Corp.
3.875%, 04/23/2025		437,000		442,355
5.875%, 04/23/2045		497,000		559,524
6.750%, 04/16/2040		190,000		228,119
Suzano Austria GmbH 6.000%, 01/15/2029 (E)		244,000		259,911
Teck Resources, Ltd. 6.250%, 07/15/2041		698,000		745,606
Westlake Chemical Corp. 5.000%, 08/15/2046		221,000		215,350
				6,529,828
Real estate – 0.8%
Boston Properties LP 4.500%, 12/01/2028		773,000		823,258
Crown Castle International Corp. 5.200%, 02/15/2049		436,000		459,631
Mid-America Apartments LP
3.600%, 06/01/2027		268,000		266,635
3.750%, 06/15/2024		940,000		958,226
3.950%, 03/15/2029		171,000		173,916
4.000%, 11/15/2025		482,000		496,417
4.300%, 10/15/2023		403,000		419,943
Public Storage 3.094%, 09/15/2027		829,000		808,559
Regency Centers LP
3.600%, 02/01/2027		382,000		380,249
4.125%, 03/15/2028		276,000		283,625
SITE Centers Corp. 4.250%, 02/01/2026		181,000		182,519

Core Bond Trust (continued)
	Shares or
	Principal
	Amount		Value
CORPORATE BONDS (continued)
Real estate (continued)
SITE Centers Corp. (continued) 4.625%, 07/15/2022	$	335,000	$	345,472
STORE Capital Corp.
4.500%, 03/15/2028		1,480,000		1,493,581
4.625%, 03/15/2029		495,000		501,982
Tanger Properties LP
3.750%, 12/01/2024		466,000		458,507
3.875%, 12/01/2023		513,000		515,335
Ventas Realty LP 4.875%, 04/15/2049		383,000		401,023
				8,968,878
Utilities – 1.8%
Alliant Energy Finance LLC 4.250%, 06/15/2028 (E)		23,000		23,563
American Transmission Systems, Inc. 5.000%, 09/01/2044 (E)		76,000		83,104
Appalachian Power Company 3.300%, 06/01/2027		253,000		250,031
CenterPoint Energy, Inc.
2.500%, 09/01/2022		79,000		77,385
3.850%, 02/01/2024		265,000		270,383
4.250%, 11/01/2028		573,000		594,043
Commonwealth Edison Company 4.000%, 03/01/2049		731,000		748,240
Dominion Energy Gas Holdings LLC 4.800%, 11/01/2043		57,000		61,059
Dominion Energy, Inc.
1.600%, 08/15/2019		726,000		722,566
2.000%, 08/15/2021		553,000		539,905
Duke Energy Corp. 1.800%, 09/01/2021		829,000		809,138
Duke Energy Indiana LLC 3.750%, 05/15/2046		188,000		183,341
Duke Energy Progress LLC 3.450%, 03/15/2029		624,000		639,453
Electricite de France SA
4.875%, 09/21/2038 (E)		695,000		709,435
5.000%, 09/21/2048 (E)		425,000		438,363
Emera US Finance LP 4.750%, 06/15/2046		596,000		619,456
FirstEnergy Corp. 4.850%, 07/15/2047		37,000		39,753
FirstEnergy Transmission LLC
4.550%, 04/01/2049 (E)		76,000		77,646
5.450%, 07/15/2044 (E)		169,000		191,228
Fortis, Inc. 3.055%, 10/04/2026		189,000		180,921
Indiana Michigan Power Company 4.550%, 03/15/2046		387,000		414,370
IPALCO Enterprises, Inc. 3.700%, 09/01/2024		724,000		728,897
Kansas City Power & Light Company 4.125%, 04/01/2049		94,000		97,630
Louisville Gas & Electric Company 4.250%, 04/01/2049		189,000		198,931
Metropolitan Edison Company 4.300%, 01/15/2029 (E)		697,000		730,197
Mid-Atlantic Interstate Transmission LLC 4.100%, 05/15/2028 (E)		753,000		772,992
Mississippi Power Company 3.950%, 03/30/2028		965,000		977,291
NextEra Energy Capital Holdings, Inc.
3.150%, 04/01/2024		823,000		827,104
3.500%, 04/01/2029		413,000		412,718

40

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Core Bond Trust (continued)
	Shares or
	Principal
	Amount		Value
CORPORATE BONDS (continued)
Utilities (continued)
PacifiCorp 4.150%, 02/15/2050	$	458,000	$	475,364
PPL Capital Funding, Inc. 3.100%, 05/15/2026		569,000		549,071
San Diego Gas & Electric Company 4.150%, 05/15/2048		266,000		266,938
Sempra Energy
2.900%, 02/01/2023		450,000		443,564
3.400%, 02/01/2028		218,000		210,458
4.000%, 02/01/2048		807,000		736,361
Southern California Edison Company
3.500%, 10/01/2023		318,000		316,340
3.650%, 03/01/2028		80,000		78,608
3.700%, 08/01/2025		455,000		452,422
4.000%, 04/01/2047		68,000		63,657
4.125%, 03/01/2048		1,764,000		1,690,889
Southwestern Electric Power Company
3.850%, 02/01/2048		163,000		153,704
3.900%, 04/01/2045		253,000		239,437
The Southern Company 4.400%, 07/01/2046		571,000		575,587
Union Electric Company 3.500%, 03/15/2029		761,000		780,906
				19,452,449
TOTAL CORPORATE BONDS (Cost $247,156,367)			$	253,691,046
MUNICIPAL BONDS – 0.6%
County of Clark (Nevada) 6.820%, 07/01/2045		750,000		1,134,308
Los Angeles Community College District (California) 6.750%, 08/01/2049		1,100,000		1,662,727
North Texas Tollway Authority 6.718%, 01/01/2049 (D)		697,000		1,037,220
Port Authority of New York & New Jersey 4.458%, 10/01/2062		1,501,000		1,681,615
State of California 7.600%, 11/01/2040		330,000		512,322
State of Illinois, GO 5.100%, 06/01/2033		210,000		206,350
The Ohio State University 4.800%, 06/01/2111		464,000		536,421
TOTAL MUNICIPAL BONDS (Cost $6,277,292)			$	6,770,963
COLLATERALIZED MORTGAGE OBLIGATIONS – 12.4%
Commercial and residential – 4.6%
Angel Oak Mortgage Trust I LLC Series 2019-2, Class A1 3.628%, 03/25/2049 (E)(F)		749,000		748,754
Benchmark Mortgage Trust
Series 2018-B1, Class ASB, 3.602%, 01/15/2051 (F)		360,000		372,298
Series 2019-B10, Class A3, 3.455%, 03/15/2062		808,000		824,413
Series 2019-B9, Class A4, 3.751%, 03/15/2052		852,000		887,106
Bunker Hill Loan Depositary Trust Series 2019-1, Class A1 3.613%, 10/26/2048 (E)		497,000		496,841
CD Mortgage Trust Series 2016-CD1, Class A1, 1.443%, 08/10/2049		263,552		259,087

Core Bond Trust (continued)
	Shares or
	Principal
	Amount		Value
COLLATERALIZED MORTGAGE
OBLIGATIONS (continued)
Commercial and residential (continued)
CD Mortgage Trust (continued)
Series 2016-CD1, Class ASB, 2.622%, 08/10/2049	$	1,138,000	$	1,125,982
Series 2017-CD4, Class A4, 3.514%, 05/10/2050 (F)		576,000		590,481
Series 2017-CD4, Class ASB, 3.317%, 05/10/2050		508,000		515,481
Series 2017-CD6, Class ASB, 3.332%, 11/13/2050		1,197,000		1,214,399
CFCRE Commercial Mortgage Trust
Series 2016-C3, Class A1, 1.793%, 01/10/2048		376,993		373,331
Series 2016-C4, Class A4, 3.283%, 05/10/2058		575,000		574,246
Series 2016-C4, Class ASB, 3.091%, 05/10/2058		637,000		641,224
Series 2016-C7, Class A2, 3.585%, 12/10/2054		672,000		689,222
Series 2016-C7, Class A3, 3.839%, 12/10/2054		798,000		830,987
Series 2017-C8, Class A1, 1.965%, 06/15/2050		302,835		299,198
Series 2017-C8, Class ASB, 3.367%, 06/15/2050		529,000		538,861
Citigroup Commercial Mortgage Trust Series 2015-GC29, Class AS 3.457%, 04/10/2048		281,000		284,968
COLT Mortgage Loan Trust
Series 2019-1, Class A1, 3.705%, 03/25/2049 (E)(F)		764,050		766,832
Series 2019-2, Class A1, 3.337%, 05/25/2049 (E)(F)		1,394,000		1,393,998
Commercial Mortgage Trust (Cantor Fitzgerald/Deutsche Bank AG)
Series 2012-CR3, Class A3, 2.822%, 10/15/2045		526,373		523,929
Series 2012-CR4, Class A2, 1.801%, 10/15/2045		124,596		121,423
Series 2013-CR10, Class A2, 2.972%, 08/10/2046		25,607		25,958
Series 2013-CR12, Class A4, 4.046%, 10/10/2046		519,000		542,444
Series 2014-UBS4, Class AM, 3.968%, 08/10/2047		650,000		666,871
Series 2014-UBS6, Class A5, 3.644%, 12/10/2047		948,000		980,010
Series 2016-COR1, Class ASB, 2.972%, 10/10/2049		505,000		503,046
Commercial Mortgage Trust (Deutsche Bank AG) Series 2015-DC1, Class A5 3.350%, 02/10/2048		677,000		686,385
CSAIL Commercial Mortgage Trust
Series 2015-C2, Class A4, 3.504%, 06/15/2057		563,000		576,066
Series 2015-C3, Class A4, 3.718%, 08/15/2048		678,000		701,933
Series 2015-C4, Class A4, 3.808%, 11/15/2048		1,219,000		1,267,268
Series 2016-C5, Class ASB, 3.533%, 11/15/2048		261,000		267,445
Series 2019-C15, Class A4, 4.053%, 03/15/2052		563,000		595,678

41

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Core Bond Trust (continued)
	Shares or
	Principal
	Amount		Value
COLLATERALIZED MORTGAGE
OBLIGATIONS (continued)
Commercial and residential (continued)
CSMC Trust Series 2016-NXSR, Class A4 3.795%, 12/15/2049 (F)	$	1,202,000	$	1,244,683
DBJPM Mortgage Trust Series 2017-C6, Class ASB 3.121%, 06/10/2050		298,000		300,379
GS Mortgage Securities Trust
Series 2012-GCJ7, Class AAB, 2.935%, 05/10/2045		115,701		115,664
Series 2014-GC18, Class A3, 3.801%, 01/10/2047		408,048		421,300
Series 2015-GC35, Class A4, 3.506%, 10/10/2048		594,000		609,130
Series 2016-GS3, Class A4, 2.850%, 10/10/2049		508,000		499,942
Series 2016-GS3, Class AAB, 2.777%, 10/10/2049		762,000		758,839
Series 2017-GS7, Class A4, 3.430%, 08/10/2050		576,000		583,442
Impact Funding Affordable Multifamily Housing Mortgage Loan Trust Series 2010-1, Class A1 5.314%, 01/25/2051 (E)		2,383,499		2,582,594
JPMBB Commercial Mortgage Securities Trust
Series 2014-C23, Class A4, 3.670%, 09/15/2047		567,000		585,820
Series 2015-C28, Class A2, 2.773%, 10/15/2048		400,709		399,861
Series 2015-C28, Class A3, 2.912%, 10/15/2048		2,646,000		2,631,049
Series 2015-C33, Class A4, 3.770%, 12/15/2048		300,000		311,932
Series 2016-C1, Class A5, 3.576%, 03/15/2049		384,000		394,794
JPMCC Commercial Mortgage Securities Trust
Series 2017-JP5, Class ASB, 3.549%, 03/15/2050		1,441,000		1,483,761
Series 2017-JP6, Class ASB, 3.283%, 07/15/2050		563,000		572,081
Series 2019-COR4, Class A5, 4.029%, 03/10/2052		1,069,000		1,132,321
JPMDB Commercial Mortgage Securities Trust
Series 2017-C5, Class A5, 3.694%, 03/15/2050		966,000		1,002,852
Series 2017-C5, Class ASB, 3.492%, 03/15/2050		202,000		207,370
Series 2018-C8, Class ASB, 4.145%, 06/15/2051		561,000		597,463
JPMorgan Chase Commercial Mortgage Securities Trust
Series 2012-CBX, Class A4, 3.483%, 06/15/2045		813,000		824,555
Series 2013-C13, Class A2, 2.665%, 01/15/2046		38,267		38,218
Series 2014-C20, Class A2, 2.872%, 07/15/2047		125,202		125,030
Series 2015-JP1, Class ASB, 3.733%, 01/15/2049		605,000		625,754
Series 2016-JP2, Class A1, 1.324%, 08/15/2049		473,885		466,914

Core Bond Trust (continued)
	Shares or
	Principal
	Amount		Value
COLLATERALIZED MORTGAGE
OBLIGATIONS (continued)
Commercial and residential (continued)
JPMorgan Chase Commercial Mortgage Securities Trust (continued) Series 2016-JP2, Class ASB, 2.713%, 08/15/2049	$	688,000	$	683,069
JPMorgan Mortgage Trust
Series 2016-5, Class A1, 2.634%, 12/25/2046 (E)(F)		2,323,330		2,299,540
Series 2017-5, Class A1, 3.178%, 10/26/2048 (E)(F)		405,812		405,650
Morgan Stanley Bank of America Merrill Lynch Trust
Series 2015-C20, Class A4, 3.249%, 02/15/2048		158,000		160,012
Series 2015-C25, Class A5, 3.635%, 10/15/2048		618,000		637,925
Series 2015-C27, Class A4, 3.753%, 12/15/2047		151,000		156,882
Series 2016-C28, Class A4, 3.544%, 01/15/2049		328,000		336,147
Series 2016-C30, Class A4, 2.600%, 09/15/2049		1,078,000		1,041,824
Morgan Stanley Capital I Trust
Series 2016-UB11, Class A1, 1.445%, 08/15/2049		635,591		626,517
Series 2016-UB11, Class ASB, 2.606%, 08/15/2049		579,000		570,525
Series 2016-UBS9, Class A1, 1.711%, 03/15/2049		397,113		392,260
Series 2019-L2, Class A4, 4.071%, 03/15/2052		377,000		401,282
New Residential Mortgage Loan Trust Series 2019-NQM2, Class A1 3.600%, 04/25/2049 (E)(F)		718,000		721,419
UBS-Barclays Commercial Mortgage Trust Series 2012-C2, Class A4 3.525%, 05/10/2063		779,000		796,210
Verus Securitization Trust
Series 2019-1, Class A1, 3.836%, 02/25/2059 (E)(F)		654,594		659,420
Series 2019-INVI, Class A1, 3.402%, 12/25/2059 (E)(F)		942,000		941,692
				50,232,287
U.S. Government Agency – 7.8%
Federal Home Loan Mortgage Corp.
Series 264, Class 30, 3.000%, 07/15/2042		3,536,609		3,526,179
Series 326, Class 300, 3.000%, 03/15/2044		2,841,637		2,835,445
Series 356, Class 300, 3.000%, 09/15/2047		956,102		953,574
Series 360, Class 300, 3.000%, 11/15/2047		2,215,704		2,217,229
Series 4705, Class A, 4.500%, 09/15/2042		1,665,586		1,764,341
Series 4742, Class PA, 3.000%, 10/15/2047		7,490,169		7,484,599
Series 4763, Class CA, 3.000%, 09/15/2038		405,418		411,722
Series 4767 KA, Class KA, 3.000%, 03/15/2048		2,056,933		2,080,358
Series 4786, Class DP, 4.500%, 07/15/2042		1,154,528		1,195,752

42

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (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 Home Loan Mortgage Corp. (continued)
Series 4787, Class AK, 3.000%, 05/15/2048	$	3,101,996	$	3,063,761
Series 4796, Class AK, 3.000%, 05/15/2048		4,022,232		3,972,654
Series 4802, Class A, 3.000%, 06/15/2048		3,780,040		3,744,247
Federal National Mortgage Association
Series 2013-30, Class CA, 1.500%, 04/25/2043		429,177		411,245
Series 2014-40, Class EP, 3.500%, 10/25/2042		703,050		725,949
Series 2017-13, Class PA, 3.000%, 08/25/2046		1,295,853		1,310,646
Series 2017-M7, Class A2, 2.961%, 02/25/2027 (F)		423,000		423,882
Series 2018-12, Class P, 3.000%, 03/25/2046		1,387,007		1,387,603
Series 2018-14, Class KC, 3.000%, 03/25/2048		2,155,589		2,203,724
Series 2018-15, Class AB, 3.000%, 03/25/2048		504,560		501,663
Series 2018-38, Class LA, 3.000%, 06/25/2048		3,953,404		3,914,137
Series 2018-4, Class HC, 2.500%, 12/25/2047		1,090,178		1,075,220
Series 2018-43, Class CT, 3.000%, 06/25/2048		3,772,977		3,737,669
Series 2018-45, Class GA, 3.000%, 06/25/2048		8,178,516		8,101,981
Series 2018-50, Class BA, 3.000%, 07/25/2048		8,012,933		7,887,675
Series 2018-56, Class CH, 3.000%, 08/25/2048		1,838,798		1,820,836
Series 2018-57, Class PT, 3.000%, 08/25/2048		1,445,528		1,426,095
Series 2018-59, Class DA, 3.000%, 08/25/2048		3,997,958		3,943,247
Series 2018-63, Class DA, 3.500%, 09/25/2048		1,129,726		1,158,867
Series 2018-8, Class KL, 2.500%, 03/25/2047		1,480,863		1,453,205
Series 414, Class A35, 3.500%, 10/25/2042		3,717,144		3,814,616
Government National Mortgage Association
Series 2012-141, Class WA, 4.530%, 11/16/2041 (F)		385,118		416,427
Series 2017-167, Class BQ, 2.500%, 08/20/2044		1,746,198		1,745,256
Series 2019-20, Class JK, 3.500%, 02/20/2049		3,499,509		3,550,337
				84,260,141
TOTAL COLLATERALIZED MORTGAGE OBLIGATIONS (Cost $132,405,507)			$	134,492,428
ASSET BACKED SECURITIES – 12.4%
Ally Auto Receivables Trust
Series 2015-2, Class A4 1.840%, 06/15/2020		161,216		161,169

Core Bond Trust (continued)
	Shares or
	Principal
	Amount		Value
ASSET BACKED SECURITIES (continued)
American Express Credit Account Master Trust Series 2019-1, Class A 2.972%, 10/15/2024	$	1,724,000	$	1,740,180
Americredit Automobile Receivables Trust Series 2018-1, Class A3 3.070%, 12/19/2022		526,000		528,538
Avis Budget Rental Car Funding AESOP LLC
Series 2017-1A, Class A 3.070%, 09/20/2023 (E)		637,000		637,696
Series 2019-1A, Class A 3.450%, 03/20/2023 (E)		1,823,000		1,842,309
Capital Auto Receivables Asset Trust Series 2016-2, Class A4 1.980%, 10/20/2020		349,616		349,034
College Ave Student Loans LLC
Series 2017-A, Class A1 (1 month LIBOR + 1.650%) 4.140%, 11/26/2046 (A)(E)		891,428		911,512
Series 2018-A, Class A2 4.130%, 12/26/2047 (E)		331,669		345,380
Ford Credit Auto Owner Trust
Series 2017-1, Class A 2.620%, 08/15/2028 (E)		505,000		501,879
Series 2017-2, Class A 2.360%, 03/15/2029 (E)		1,861,000		1,830,856
Series 2017-A, Class A4 1.920%, 04/15/2022		794,000		785,720
Series 2018-1, Class A 3.190%, 07/15/2031 (E)		1,869,000		1,870,964
Series 2018-2, Class A 3.470%, 01/15/2030 (E)		1,615,000		1,643,755
Series 2019-1, Class A 3.520%, 07/15/2030 (E)		2,182,000		2,224,824
Hertz Vehicle Financing II LP
Series 2015-3A, Class A 2.670%, 09/25/2021 (E)		995,000		988,242
Series 2016-2A, Class A 2.950%, 03/25/2022 (E)		820,000		816,494
Series 2016-3A, Class B 3.110%, 07/25/2020 (E)		514,000		513,470
Series 2017-1A, Class A 2.960%, 10/25/2021 (E)		1,125,000		1,121,283
Series 2017-2A, Class A 3.290%, 10/25/2023 (E)		4,543,000		4,539,456
Series 2019-1A, Class A 3.710%, 03/25/2023 (E)		1,666,000		1,686,867
Hertz Vehicle Financing LLC
Series 2018-2A, Class A 3.650%, 06/27/2022 (E)		1,096,000		1,106,161
Series 2018-3A, Class A 4.030%, 07/25/2024 (E)		1,099,000		1,126,686
Navient Private Education Loan Trust
Series 2014-AA, Class A3 (1 month LIBOR + 1.600%) 4.089%, 10/15/2031 (A)(E)		1,490,000		1,533,134
Series 2014-CTA, Class A (1 month LIBOR + 0.700%) 3.189%, 09/16/2024 (A)(E)		331,486		331,893
Series 2015-CA, Class B 3.250%, 05/15/2040 (E)		764,888		764,902
Series 2016-AA, Class A2B (1 month LIBOR + 2.150%) 4.639%, 12/15/2045 (A)(E)		684,367		709,706

43

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Core Bond Trust (continued)
	Shares or
	Principal
	Amount		Value
ASSET BACKED SECURITIES (continued)
Navient Private Education Loan Trust (continued)
Series 2017-A, Class A2B (1 month LIBOR + 0.900%) 3.389%, 12/16/2058 (A)(E)	$	1,457,000	$	1,454,453
Series 2018-BA, Class A2A 3.610%, 12/15/2059 (E)		467,000		475,601
Navient Private Education Refi Loan Trust
Series 2018-A, Class A2 3.190%, 02/18/2042 (E)		485,000		486,242
Series 2018-CA, Class A2 3.520%, 06/16/2042 (E)		501,000		507,700
Series 2018-DA, Class A2A 4.000%, 12/15/2059 (E)		1,994,000		2,069,476
Series 2019-A, Class A2A 3.870%, 01/15/2043 (E)		2,333,000		2,366,336
Navient Student Loan Trust
Series 2014-1, Class A3 (1 month LIBOR + 0.510%) 3.000%, 06/25/2031 (A)		1,013,539		1,005,949
Series 2015-1, Class A2 (1 month LIBOR + 0.600%) 3.090%, 04/25/2040 (A)		2,502,455		2,496,108
Series 2016-1A, Class A (1 month LIBOR + 0.700%) 3.190%, 02/25/2070 (A)(E)		1,493,320		1,489,401
Series 2016-3A, Class A2 (1 month LIBOR + 0.850%) 3.340%, 06/25/2065 (A)(E)		495,027		497,454
Series 2017-5A, Class A (1 month LIBOR + 0.800%) 3.290%, 07/26/2066 (A)(E)		797,221		798,215
Series 2018-EA, Class A2 4.000%, 12/15/2059 (E)		1,329,000		1,383,168
Series 2019-BA, Class A2A 3.760%, 12/15/2059 (E)		1,568,000		1,567,906
Nelnet Student Loan Trust
Series 2004-3, Class A5 (3 month LIBOR + 0.180%) 2.951%, 10/27/2036 (A)		1,529,856		1,503,328
Series 2004-4, Class A5 (3 month LIBOR + 0.160%) 2.931%, 01/25/2037 (A)		1,639,300		1,612,074
Series 2005-1, Class A5 (3 month LIBOR + 0.110%) 2.881%, 10/25/2033 (A)		3,601,580		3,560,295
Series 2005-2, Class A5 (3 month LIBOR + 0.100%) 2.924%, 03/23/2037 (A)		5,950,529		5,898,825
Series 2005-3, Class A5 (3 month LIBOR + 0.120%) 2.944%, 12/24/2035 (A)		3,738,282		3,721,604
Series 2005-4, Class A4 (3 month LIBOR + 0.180%) 3.004%, 03/22/2032 (A)		770,129		745,256
Series 2010-2A, Class A (3 month LIBOR + 0.850%) 3.672%, 09/25/2048 (A)(E)		3,434,342		3,441,882
Series 2012-4A, Class A (1 month LIBOR + 0.700%) 3.190%, 09/27/2038 (A)(E)		2,615,388		2,611,497
Series 2014-1A, Class A (1 month LIBOR + 0.570%) 3.060%, 09/25/2041 (A)(E)		479,040		477,664

Core Bond Trust (continued)
	Shares or
	Principal
	Amount		Value
ASSET BACKED SECURITIES (continued)
Nelnet Student Loan Trust (continued)
Series 2016-1A, Class A (1 month LIBOR + 0.800%) 3.290%, 09/25/2065 (A)(E)	$	1,681,486	$	1,686,935
Series 2017-2A, Class A (1 month LIBOR + 0.770%) 3.260%, 09/25/2065 (A)(E)		1,969,197		1,976,320
Series 2017-3A, Class A (1 month LIBOR + 0.850%) 3.340%, 02/25/2066 (A)(E)		1,927,455		1,920,579
Series 2018-3A, Class A2 (1 month LIBOR + 0.440%) 2.930%, 09/27/2066 (A)(E)		563,000		561,281
SLM Private Education Loan Trust Series 2013-C, Class A2A 2.940%, 10/15/2031 (E)		207,969		207,942
SLM Student Loan Trust
Series 2003-1, Class ASC (3 month LIBOR + 0.750%) 3.538%, 12/15/2032 (A)(E)		867,175		843,696
Series 2004-10, Class A7A (3 month LIBOR + 0.600%) 3.371%, 10/25/2029 (A)(E)		2,449,000		2,448,021
Series 2006-1, Class A5 (3 month LIBOR + 0.110%) 2.881%, 07/26/2021 (A)		2,551,455		2,519,039
Series 2006-10, Class A6 (3 month LIBOR + 0.150%) 2.921%, 03/25/2044 (A)		4,180,000		4,033,709
Series 2006-3, Class A5 (3 month LIBOR + 0.100%) 2.871%, 01/25/2021 (A)		1,627,131		1,612,615
Series 2007-2, Class A4 (3 month LIBOR + 0.060%) 2.831%, 07/25/2022 (A)		3,071,295		3,011,913
Series 2010-1, Class A (1 month LIBOR + 0.400%) 2.890%, 03/25/2025 (A)		1,083,854		1,060,665
Series 2012-1, Class A3 (1 month LIBOR + 0.950%) 3.440%, 09/25/2028 (A)		2,553,098		2,540,447
Series 2012-2, Class A (1 month LIBOR + 0.700%) 3.190%, 01/25/2029 (A)		2,163,780		2,131,104
Series 2012-6, Class A3 (1 month LIBOR + 0.750%) 3.240%, 05/26/2026 (A)		1,440,271		1,425,720
SMB Private Education Loan Trust Series 2015-A, Class A2B (1 month LIBOR + 1.000%) 3.489%, 06/15/2027 (A)(E)		1,629,791		1,639,424
Series 2015-B, Class A2B (1 month LIBOR + 1.200%) 3.689%, 07/15/2027 (A)(E)		1,504,939		1,518,504
Series 2015-C, Class A2B (1 month LIBOR + 1.400%) 3.889%, 07/15/2027 (A)(E)		514,597		522,126
Series 2016-A, Class A2A 2.700%, 05/15/2031 (E)		1,832,693		1,823,040
Series 2016-A, Class A2B (1 month LIBOR + 1.500%) 3.989%, 05/15/2031 (A)(E)		1,714,338		1,747,121
Series 2016-B, Class A2A 2.430%, 02/17/2032 (E)		270,565		266,250
Series 2016-B, Class A2B (1 month LIBOR + 1.450%) 3.939%, 02/17/2032 (A)(E)		2,617,192		2,660,938

44

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Core Bond Trust (continued)
	Shares or
	Principal
	Amount		Value
ASSET BACKED SECURITIES (continued)
SMB Private Education Loan Trust (continued)
Series 2016-C, Class A2A 2.340%, 09/15/2034 (E)	$	2,244,638	$	2,201,263
Series 2016-C, Class A2B (1 month LIBOR + 1.100%) 3.589%, 09/15/2034 (A)(E)		956,760		961,565
Series 2017-A, Class A2B (1 month LIBOR + 0.900%) 3.389%, 09/15/2034 (A)(E)		3,300,480		3,306,689
Series 2017-B, Class A2B (1 month LIBOR + 0.750%) 3.239%, 10/15/2035 (A)(E)		1,800,000		1,800,348
Series 2018-C, Class A2A 3.630%, 11/15/2035 (E)		279,000		286,447
Series 2018-C, Class A2B (1 month LIBOR + 0.750%) 3.239%, 11/15/2035 (A)(E)		1,562,000		1,558,100
Series 2019-A, Class A2A 3.440%, 07/15/2036 (E)		1,767,000		1,794,015
SoFi Professional Loan Program LLC
Series 2016-A, Class A2 2.760%, 12/26/2036 (E)		737,100		732,135
Series 2016-D, Class A1 (1 month LIBOR + 0.950%) 3.440%, 01/25/2039 (A)(E)		148,113		148,926
Series 2016-E, Class A1 (1 month LIBOR + 0.850%) 3.340%, 07/25/2039 (A)(E)		327,716		328,761
Series 2017-A, Class A1 (1 month LIBOR + 0.700%) 3.190%, 03/26/2040 (A)(E)		313,076		313,893
Series 2017-D, Class A2FX 2.650%, 09/25/2040 (E)		146,000		144,414
Series 2017-E, Class A1 (1 month LIBOR + 0.500%) 2.990%, 11/26/2040 (A)(E)		248,569		248,596
Series 2017-E, Class A2B 2.720%, 11/26/2040 (E)		2,240,000		2,214,755
Series 2018-B, Class A2FX 3.340%, 08/25/2047 (E)		1,917,000		1,938,231
Series 2019-A, Class A2FX 3.690%, 06/15/2048 (E)		1,009,000		1,037,247
Synchrony Card Funding LLC Series 2019-A1, Class A 2.950%, 03/17/2025		2,060,000		2,072,770
Verizon Owner Trust Series 2019-A, Class A1A 2.930%, 09/20/2023		602,000		606,556
World Financial Network Credit Card Master Trust
Series 2016-A, Class A 2.030%, 04/15/2025		2,083,000		2,049,623
Series 2016-C, Class A 1.720%, 08/15/2023		770,000		765,568
Series 2019-A, Class A 3.510%, 12/15/2025		286,000		288,572
World Omni Auto Receivables Trust Series 2016-A, Class A4 1.950%, 05/16/2022		1,226,000		1,216,463
TOTAL ASSET BACKED SECURITIES (Cost $134,420,385)			$	134,954,870

Core Bond Trust (continued)
	Shares or
	Principal
	Amount			Value
SECURITIES LENDING COLLATERAL – 0.2%
John Hancock Collateral Trust, 2.6031% (G)(H)		222,875		$	2,230,266
TOTAL SECURITIES LENDING COLLATERAL (Cost $2,230,336)				$	2,230,266
SHORT-TERM INVESTMENTS – 1.4%
Money market funds – 1.4%
State Street Institutional U.S. Government Money Market Fund, Premier Class, 2.3851% (G)		15,030,211			15,030,211
TOTAL SHORT-TERM INVESTMENTS (Cost $15,030,211)				$	15,030,211
Total Investments (Core Bond Trust) (Cost $1,139,167,835) – 106.2%				$	1,155,773,246
Other assets and liabilities, net – (6.2%)					(67,215,884	)
TOTAL NET ASSETS – 100.0%				$	1,088,557,362
SALE COMMITMENTS OUTSTANDING – (0.3)%
U.S. Government Agency – (0.3%)
Government National Mortgage Association 5.000%, TBA (B)	$	(3,600,000	)	$	(3,760,594	)
TOTAL SALE COMMITMENTS OUTSTANDING (Cost $(3,755,813))				$	(3,760,594	)

Security Abbreviations and Legend
GO	General Obligation
LIBOR	London Interbank Offered 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)	Security is valued using significant unobservable inputs and is classified as Level 3 in the fair value hierarchy.
(D)	All or a portion of this security is on loan as of 3-31-19. The value of securities on loan amounted to $2,162,691.
(E)	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 $128,588,752 or 11.8% of the fund’s net assets as of 3-31-19.
(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 3-31-19.
(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.

Emerging Markets Value Trust
	Shares or
	Principal
	Amount		Value
COMMON STOCKS – 96.2%
Brazil – 6.3%
Aliansce Shopping Centers SA		11,650	$	59,420
Banco BTG Pactual SA		11,632		107,546
Banco do Brasil SA		76,083		946,726
BrasilAgro – Co Brasileira de Propriedades Agricolas		6,700		26,609
Camil Alimentos SA		10,600		18,437

45

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Emerging Markets Value Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
Brazil (continued)
Cia Siderurgica Nacional SA (A)		63,664	$	264,227
Construtora Tenda SA		11,124		47,958
Cosan SA		13,942		151,871
CSU Cardsystem SA		9,300		16,033
Duratex SA		58,785		164,703
Embraer SA		35,407		166,846
Fras-Le SA		8,800		11,463
Gerdau SA		12,229		38,105
International Meal Company Alimentacao SA		26,600		44,092
Iochpe Maxion SA		11,411		62,514
JBS SA		146,388		595,221
JHSF Participacoes SA (A)		56,500		35,354
Kroton Educacional SA		241,046		652,582
LOG Commercial Properties e Participacoes SA (A)		2,004		8,691
Movida Participacoes SA		6,100		16,904
MRV Engenharia e Participacoes SA		27,789		99,293
Petro Rio SA (A)		10,930		52,761
Petroleo Brasileiro SA		365,696		2,909,428
QGEP Participacoes SA		16,860		65,884
Restoque Comercio e Confeccoes de Roupas SA		2,875		23,497
Santos Brasil Participacoes SA		30,300		31,032
Sao Carlos Empreendimentos e Participacoes SA (A)		7,005		60,472
Ser Educacional SA (B)		3,700		19,240
SLC Agricola SA		2,800		29,363
Springs Global Participacoes SA (A)		5,600		12,715
Sul America SA		7,143		54,366
Suzano Papel e Celulose SA		1		7
Suzano Papel e Celulose SA, ADR (C)		9,362		221,786
Tupy SA		9,951		46,053
Usinas Siderurgicas de Minas Gerais SA		27,838		82,831
Vale SA		554,256		7,209,638
Valid Solucoes e Servicos de Seguranca em Meios de Pagamento e Identificacao SA		11,359		55,934
				14,409,602
Chile – 1.6%
Besalco SA		41,753		38,649
CAP SA		12,755		151,427
Cementos BIO BIO SA		16,447		22,282
Cencosud SA		378,689		655,542
Cia Pesquera Camanchaca SA (A)		214,992		23,015
Cristalerias de Chile SA		23,748		189,360
Empresa Nacional de Telecomunicaciones SA		27,432		285,641
Empresas CMPC SA		142,931		504,142
Empresas COPEC SA		26,706		339,021
Empresas Hites SA		46,731		29,181
Empresas La Polar SA (A)		906,054		36,292
Enel Americas SA		2,001,220		355,633
Grupo Security SA		147,513		59,945
Inversiones Aguas Metropolitanas SA		17,775		27,168
Itau CorpBanca		19,068,475		168,169
Latam Airlines Group SA		8,298		88,123
Masisa SA		932,881		58,689
PAZ Corp. SA		60,804		89,367
Ripley Corp. SA		188,114		153,414
Salfacorp SA		79,291		107,740
Sigdo Koppers SA		50,989		93,674
SMU SA (A)		84,625		22,074
Sociedad Matriz SAAM SA		1,328,480		132,758
Socovesa SA		159,835		95,144

Emerging Markets Value Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
Chile (continued)
Vina Concha y Toro SA		15,068	$	31,358
				3,757,808
China – 11.8%
361 Degrees International, Ltd.		140,000		26,584
Agile Group Holdings, Ltd.		93,000		150,954
Agricultural Bank of China, Ltd., H Shares		1,167,000		539,462
Air China, Ltd., H Shares		116,000		142,863
Aluminum Corp. of China, Ltd., H Shares (A)		200,000		73,901
Angang Steel Company, Ltd., H Shares		52,000		38,099
Anton Oilfield Services Group (A)		238,000		37,634
Asia Cement China Holdings Corp.		53,500		52,839
AVIC International Holdings, Ltd., H Shares		46,000		28,867
BAIC Motor Corp., Ltd., H Shares (B)		113,000		73,968
Bank of China, Ltd., H Shares		3,626,694		1,648,224
Bank of Chongqing Company, Ltd., H Shares		69,500		44,497
Bank of Communications Company, Ltd., H Shares		254,876		209,102
Baoye Group Company, Ltd., H Shares (A)		70,000		44,735
BBMG Corp., H Shares		112,000		41,181
Beijing Capital International Airport Company, Ltd., H Shares		14,000		13,297
Beijing North Star Company, Ltd., H Shares		132,000		44,787
Boyaa Interactive International, Ltd. (A)		63,000		12,849
Cabbeen Fashion, Ltd.		40,000		11,511
Central China Real Estate, Ltd.		147,732		72,336
Changshouhua Food Company, Ltd.		30,000		14,145
Chaowei Power Holdings, Ltd.		145,000		54,877
China Aoyuan Group, Ltd.		56,000		67,741
China BlueChemical, Ltd., H Shares		158,000		51,399
China Cinda Asset Management Company, Ltd., H Shares		419,000		116,522
China CITIC Bank Corp., Ltd., H Shares		276,775		176,489
China Coal Energy Company, Ltd., H Shares		74,000		30,662
China Communications Construction Company, Ltd., H Shares		267,000		276,722
China Communications Services Corp., Ltd., H Shares		93,200		83,275
China Construction Bank Corp., H Shares		6,306,000		5,412,873
China Dongxiang Group Company, Ltd.		530,000		77,053
China Eastern Airlines Corp., Ltd., H Shares		78,000		55,351
China Electronics Optics Valley Union Holding Company, Ltd.		404,000		22,159
China Energy Engineering Corp., Ltd., H Shares		292,000		35,358
China Everbright Bank Company, Ltd., H Shares		119,000		56,346
China Galaxy Securities Company, Ltd., H Shares		97,500		64,263
China Harmony New Energy Auto Holding, Ltd. (C)		105,500		39,603
China Hongqiao Group, Ltd.		249,000		187,673
China Huarong Asset Management Company, Ltd., H Shares (B)		602,000		128,268
China Huiyuan Juice Group, Ltd. (A)(D)		212,500		49,214
China Lesso Group Holdings, Ltd.		91,000		58,949

46

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Emerging Markets Value Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
China (continued)
China Machinery Engineering Corp., H Shares		106,000	$	54,052
China Minsheng Banking Corp., Ltd., H Shares (C)		277,900		202,105
China National Building Material Company, Ltd., H Shares		245,450		194,266
China Oilfield Services, Ltd., H Shares		60,000		64,770
China Oriental Group Company, Ltd.		56,000		35,256
China Petroleum & Chemical Corp., ADR		15,616		1,241,468
China Petroleum & Chemical Corp., H Shares		624,000		495,247
China Railway Construction Corp., Ltd., H Shares		119,665		157,061
China Railway Group, Ltd., H Shares		187,000		170,734
China Reinsurance Group Corp., H Shares		193,000		40,849
China Rundong Auto Group, Ltd. (A)(B)		26,000		8,290
China Sanjiang Fine Chemicals Company, Ltd.		105,000		28,667
China SCE Group Holdings, Ltd.		140,200		73,187
China Shenhua Energy Company, Ltd., H Shares		252,000		575,112
China Southern Airlines Company, Ltd., H Shares		88,000		78,742
China Taifeng Beddings Holdings, Ltd. (A)(D)		204,000		28,066
China XLX Fertiliser, Ltd.		115,000		41,633
China ZhengTong Auto Services Holdings, Ltd. (C)		62,000		34,556
China Zhongwang Holdings, Ltd.		106,400		58,055
Chongqing Rural Commercial Bank Company, Ltd., H Shares		136,000		78,709
CIFI Holdings Group Company, Ltd.		152,000		115,447
CNOOC, Ltd.		1,465,000		2,728,827
Cogobuy Group (A)(B)		74,000		27,282
COSCO SHIPPING Energy Transportation Company, Ltd., H Shares		50,000		28,692
CT Environmental Group, Ltd.		164,000		7,112
Ctrip.com International, Ltd., ADR (A)		14,950		653,166
Dalian Port PDA Company, Ltd., H Shares (C)		323,400		43,724
Dongfeng Motor Group Company, Ltd., H Shares		86,000		86,277
Dongyue Group, Ltd.		81,000		56,337
E-Commodities Holdings, Ltd.		348,000		21,975
Everbright Securities Company, Ltd., H Shares (B)		25,600		25,554
Evergreen International Holdings, Ltd. (A)		122,000		7,010
Fosun International, Ltd.		373,960		635,369
Fufeng Group, Ltd. (A)		334,200		175,699
Genertec Universal Medical Group Company, Ltd. (B)		14,500		13,203
GF Securities Company, Ltd., H Shares		39,000		56,169
GOME Retail Holdings, Ltd. (A)(C)		1,349,000		125,612
Grand Baoxin Auto Group, Ltd.		69,500		24,082
Great Wall Motor Company, Ltd., H Shares (C)		174,500		131,293
Greentown China Holdings, Ltd.		57,500		57,547
Guangdong Yueyun Transportation Company, Ltd., H Shares		30,000		12,126
Guangshen Railway Company, Ltd., ADR		5,266		105,004

Emerging Markets Value Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
China (continued)
Guangzhou Automobile Group Company, Ltd., H Shares		86,000	$	101,782
Guangzhou R&F Properties Company, Ltd., H Shares		54,800		118,865
Guorui Properties, Ltd.		84,000		17,127
Haitong Securities Company, Ltd., H Shares		110,400		143,197
Harbin Bank Company, Ltd., H Shares (B)		203,000		48,830
Hilong Holding, Ltd.		119,000		16,041
Honworld Group, Ltd. (B)		56,000		28,806
Hopefluent Group Holdings, Ltd.		46,000		14,674
Huaneng Renewables Corp., Ltd., H Shares		350,000		97,380
Huatai Securities Company, Ltd., H Shares (B)		40,000		80,161
Huishang Bank Corp., Ltd., H Shares		91,300		39,164
Hydoo International Holding, Ltd. (A)		388,000		19,294
Industrial & Commercial Bank of China, Ltd., H Shares		3,793,000		2,785,520
Inner Mongolia Yitai Coal Company, Ltd., H Shares		14,200		12,320
Jiangxi Copper Company, Ltd., H Shares		43,000		57,122
JinkoSolar Holding Company, Ltd., ADR (A)(C)		3,756		67,608
Kaisa Group Holdings, Ltd. (A)		235,000		106,794
Kangda International Environmental Company, Ltd. (A)(B)		209,000		31,184
KWG Group Holdings, Ltd.		58,513		70,774
Legend Holdings Corp., H Shares (B)		88,200		234,620
Lonking Holdings, Ltd.		190,000		61,679
Maanshan Iron & Steel Company, Ltd., H Shares		112,000		54,898
Maoye International Holdings, Ltd.		426,000		33,676
Metallurgical Corp. of China, Ltd., H Shares		185,000		54,769
Modern Land China Company, Ltd. (C)		176,400		31,944
NVC Lighting Holding, Ltd.		267,000		21,077
Orient Securities Company, Ltd., H Shares (B)		15,200		12,209
PetroChina Company, Ltd., H Shares		1,818,000		1,190,087
PICC Property & Casualty Company, Ltd., H Shares		360,000		409,826
Poly Culture Group Corp., Ltd., H Shares		22,400		31,432
Postal Savings Bank of China Company, Ltd., H Shares (B)		94,000		53,822
Powerlong Real Estate Holdings, Ltd.		122,000		64,033
Qingling Motors Company, Ltd., H Shares		164,000		45,783
Qunxing Paper Holdings Company, Ltd. (A)(D)		634,371		0
Red Star Macalline Group Corp., Ltd., H Shares (B)(C)		11,800		11,431
Regal International Airport Group Company, Ltd.		17,000		14,219
Renhe Commercial Holdings Company, Ltd. (A)		3,046,000		104,872
Ronshine China Holdings, Ltd. (A)		33,000		52,451
Sany Heavy Equipment International Holdings Company, Ltd. (A)		156,000		67,051
Semiconductor Manufacturing International Corp. (A)(C)		105,000		106,411
Semiconductor Manufacturing International Corp., ADR (A)(C)		7,675		38,836

47

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Emerging Markets Value Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
China (continued)
Shandong Chenming Paper Holdings, Ltd., H Shares		42,500	$	27,360
Shanghai Electric Group Company, Ltd., H Shares		96,000		36,480
Shanghai Jin Jiang International Hotels Group Company, Ltd., H Shares		106,000		28,665
Shanghai Pharmaceuticals Holding Company, Ltd., H Shares		26,200		57,103
Shanghai Prime Machinery Company, Ltd., H Shares (A)		222,000		33,654
Shenguan Holdings Group, Ltd. (A)		90,000		5,095
Shui On Land, Ltd.		171,461		42,453
Sihuan Pharmaceutical Holdings Group, Ltd.		177,000		42,906
Sino-Ocean Group Holding, Ltd.		151,473		66,568
Sinopec Engineering Group Company, Ltd., H Shares		58,500		57,209
Sinotrans, Ltd., H Shares		132,000		56,765
Sinotruk Hong Kong, Ltd.		42,000		89,640
SOHO China, Ltd. (A)		103,500		43,608
Springland International Holdings, Ltd.		197,000		40,399
Sunshine 100 China Holdings, Ltd. (A)(B)		77,000		15,211
Tenwow International Holdings, Ltd. (A)(D)		121,000		5,857
Tianneng Power International, Ltd.		4,000		3,603
Trigiant Group, Ltd.		154,000		26,307
West China Cement, Ltd.		270,000		35,851
Xiamen International Port Company, Ltd., H Shares		330,000		46,711
Xingda International Holdings, Ltd.		231,505		72,924
Xingfa Aluminium Holdings, Ltd.		29,000		20,378
Xinjiang Xinxin Mining Industry Company, Ltd., H Shares (A)		238,000		21,560
Yanzhou Coal Mining Company, Ltd., H Shares		112,000		110,213
YuanShengTai Dairy Farm, Ltd. (A)		482,000		12,224
Yuzhou Properties Company, Ltd.		468,471		283,396
Zhejiang Glass Company, Ltd., H Shares (A)(D)		162,000		0
Zoomlion Heavy Industry Science and Technology Company, Ltd., H Shares		112,600		55,867
				27,054,740
Colombia – 0.6%
Almacenes Exito SA		72,556		330,459
Banco de Bogota SA		1,043		21,593
Cementos Argos SA		8,844		21,860
Corp. Financiera Colombiana SA (A)		2,529		21,022
Grupo Argos SA		92,164		523,260
Grupo de Inversiones Suramericana SA		48,389		556,134
				1,474,328
Czech Republic – 0.4%
CEZ AS		35,991		845,784
Greece – 0.0%
Ellaktor SA (A)		44,359		80,658
Eurobank Ergasias SA (A)		16,993		13,562
Fourlis Holdings SA (A)		2,062		11,681
Hellenic Petroleum SA		1,111		10,671
Intracom Holdings SA (A)		3,908		4,083
Mytilineos Holdings SA		1,062		10,741
				131,396
Hong Kong – 5.0%
Ajisen China Holdings, Ltd.		123,000		35,099
AMVIG Holdings, Ltd.		104,000		24,788

Emerging Markets Value Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
Hong Kong (continued)
Anxin-China Holdings, Ltd. (A)(D)		1,648,000	$	0
Asian Citrus Holdings, Ltd. (A)(D)		249,000		10,943
Beijing Enterprises Clean Energy Group, Ltd. (A)		600,000		9,949
Beijing Enterprises Holdings, Ltd.		17,500		99,372
Beijing Properties Holdings, Ltd. (A)		366,000		11,374
Brilliance China Automotive Holdings, Ltd.		90,000		89,399
C C Land Holdings, Ltd.		327,126		73,816
Capital Environment Holdings, Ltd. (A)		1,184,000		29,419
CECEP COSTIN New Materials Group, Ltd. (A)(D)		348,000		0
Century Sunshine Group Holdings, Ltd. (A)		165,000		4,735
CGN New Energy Holdings Company, Ltd.		278,000		42,093
China Agri-Industries Holdings, Ltd.		104,300		35,749
China Everbright, Ltd.		46,000		91,349
China Fiber Optic Network System Group, Ltd. (A)(D)		150,800		5,379
China High Precision Automation Group, Ltd. (A)(D)		18,000		2,843
China Jinmao Holdings Group, Ltd.		172,000		112,470
China Longevity Group Company, Ltd. (A)(D)		93,000		4,869
China Lumena New Materials Corp. (A)(C)(D)		2,036,000		0
China Merchants Land, Ltd. (A)		260,000		43,456
China Merchants Port Holdings Company, Ltd.		48,064		102,504
China Mobile, Ltd.		379,500		3,872,544
China New Town Development Company, Ltd.		810,165		20,453
China Oil & Gas Group, Ltd. (A)		1,020,000		66,472
China Overseas Grand Oceans Group, Ltd.		122,500		66,772
China Overseas Land & Investment, Ltd.		292,000		1,111,209
China Resources Land, Ltd.		218,000		979,675
China South City Holdings, Ltd.		340,000		54,627
China State Construction International Holdings, Ltd.		118,000		110,733
China Taiping Insurance Holdings Company, Ltd.		75,200		224,777
China Travel International Investment Hong Kong, Ltd.		188,000		47,954
China Unicom Hong Kong, Ltd.		438,000		557,673
China Vast Industrial Urban Development Company, Ltd. (B)(C)		36,000		14,300
Chu Kong Shipping Enterprises Group Company, Ltd.		86,000		19,949
CITIC Resources Holdings, Ltd.		598,000		55,693
CITIC, Ltd.		198,130		296,188
Clear Media, Ltd.		35,000		30,773
Concord New Energy Group, Ltd.		690,000		36,499
COSCO SHIPPING International Hong Kong Company, Ltd. (C)		59,625		21,600
COSCO SHIPPING Ports, Ltd.		114,021		123,298
Dah Chong Hong Holdings, Ltd.		114,000		41,116
Dynasty Fine Wines Group, Ltd. (A)(D)		330,000		0
Far East Horizon, Ltd.		137,000		145,466
GCL New Energy Holdings, Ltd. (A)		1,230,000		53,337
GCL-Poly Energy Holdings, Ltd. (A)		717,000		50,279
Gemdale Properties & Investment Corp., Ltd.		778,000		99,265
Goldlion Holdings, Ltd.		75,000		31,241

48

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Emerging Markets Value Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
Hong Kong (continued)
Hi Sun Technology China, Ltd. (A)		375,000	$	64,092
HKC Holdings, Ltd.		29,206		24,685
Hopson Development Holdings, Ltd.		118,000		115,109
Hua Han Health Industry Holdings, Ltd. (A)(D)		1,120,000		30,247
Joy City Property, Ltd.		328,000		45,606
Ju Teng International Holdings, Ltd.		158,000		44,956
Kingboard Holdings, Ltd.		43,130		153,192
Kunlun Energy Company, Ltd.		118,000		123,520
Lai Fung Holdings, Ltd.		11,200		14,270
Lee & Man Paper Manufacturing, Ltd.		95,000		81,061
Min Xin Holdings, Ltd.		24,000		13,970
Mingyuan Medicare Development Company, Ltd. (A)(D)		1,300,000		0
Minmetals Land, Ltd. (C)		438,000		84,330
New World Department Store China, Ltd. (A)		110,000		23,974
Nine Dragons Paper Holdings, Ltd.		156,000		148,900
Overseas Chinese Town Asia Holdings, Ltd.		52,000		20,681
Poly Property Group Company, Ltd.		139,453		54,452
Pou Sheng International Holdings, Ltd.		513,000		111,155
Seaspan Corp. (C)		11,878		103,339
Shanghai Industrial Holdings, Ltd.		19,000		44,779
Shanghai Industrial Urban Development Group, Ltd.		271,000		57,736
Shanghai Zendai Property, Ltd. (A)		765,000		11,334
Shenzhen Investment, Ltd.		155,571		59,531
Shimao Property Holdings, Ltd.		209,500		656,542
Silver Grant International Industries, Ltd. (A)		160,000		32,480
Sino Oil And Gas Holdings, Ltd. (A)(C)		245,000		5,161
Sinopec Kantons Holdings, Ltd.		66,000		30,066
TCL Electronics Holdings, Ltd.		35,600		19,473
Tian An China Investment Company, Ltd.		144,000		77,722
Tianjin Port Development Holdings, Ltd. (A)		352,000		40,388
Tomson Group, Ltd.		195,714		74,842
Tongda Group Holdings, Ltd. (C)		230,000		25,507
Top Spring International Holdings, Ltd. (C)		67,500		20,495
TPV Technology, Ltd.		105,684		24,529
Wasion Holdings, Ltd.		66,000		34,569
Xinchen China Power Holdings, Ltd. (A)		132,000		7,149
Yuexiu Property Company, Ltd.		381,542		91,982
				11,533,323
Hungary – 0.5%
MOL Hungarian Oil & Gas PLC		109,975		1,261,149
Richter Gedeon NYRT		680		12,847
				1,273,996
India – 13.2%
ACC, Ltd.		4,588		110,667
Adani Enterprises, Ltd.		68,911		145,556
Adani Gas, Ltd. (A)		81,215		151,167
Adani Green Energy, Ltd. (A)		76,295		40,706
Aditya Birla Capital, Ltd. (A)		28,154		39,254
Allcargo Logistics, Ltd.		10,467		17,480
Ambuja Cements, Ltd.		47,396		160,966
Apar Industries, Ltd.		2,063		20,080
Apollo Tyres, Ltd.		28,578		91,612
Arvind Fashions, Ltd. (A)(D)		6,229		92,709
Aurobindo Pharma, Ltd.		2,460		27,924
Axis Bank, Ltd. (A)		83,305		931,071
Bajaj Holdings & Investment, Ltd.		11,564		567,941

Emerging Markets Value Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
India (continued)
Balmer Lawrie & Company, Ltd.		15,078	$	40,470
Balrampur Chini Mills, Ltd.		35,142		69,620
Bank of Baroda (A)		140,919		261,807
BEML, Ltd.		1,822		26,588
Bharat Electronics, Ltd.		59,808		80,353
Bharat Heavy Electricals, Ltd.		72,839		78,828
Bharti Airtel, Ltd.		189,973		908,784
Birla Corp., Ltd.		4,591		34,741
Birlasoft, Ltd.		13,384		19,133
Brigade Enterprises, Ltd.		8,646		31,211
BSE, Ltd.		831		7,340
Canara Bank (A)		9,205		38,709
Ceat, Ltd.		2,623		42,359
CG Power and Industrial Solutions, Ltd. (A)		58,203		35,615
Chambal Fertilizers & Chemicals, Ltd.		24,429		58,695
Chennai Super Kings Cricket, Ltd. (A)(D)		207,315		6,733
Container Corp. of India, Ltd.		4,848		36,803
Cox & Kings Financial Service, Ltd. (A)(D)		15,714		14,767
Cox & Kings, Ltd.		24,940		50,149
Cyient, Ltd.		5,147		48,344
DB Corp., Ltd.		6,129		16,545
DCB Bank, Ltd.		23,624		69,553
DCM Shriram, Ltd.		10,563		63,039
Dewan Housing Finance Corp., Ltd.		11,383		24,531
Dishman Carbogen Amcis, Ltd. (A)		5,361		16,099
DLF, Ltd.		33,394		97,270
Dr. Reddy’s Laboratories, Ltd.		13,052		524,906
Edelweiss Financial Services, Ltd.		10,110		28,655
EID Parry India, Ltd.		14,915		43,926
Essel Propack, Ltd.		33,792		56,670
Federal Bank, Ltd.		116,972		161,989
Finolex Industries, Ltd.		5,072		35,686
Fortis Healthcare, Ltd. (A)		97,990		191,844
Future Enterprises, Ltd. (A)		31,677		17,674
GAIL India, Ltd.		74,940		378,878
Gateway Distriparks, Ltd.		20,634		39,788
GHCL, Ltd.		6,390		22,731
Granules India, Ltd.		24,247		40,068
Grasim Industries, Ltd.		29,820		370,254
Gujarat Alkalies & Chemicals, Ltd.		3,130		22,290
Gujarat Ambuja Exports, Ltd.		7,910		24,988
Gujarat Fluorochemicals, Ltd.		5,323		85,129
Gujarat Mineral Development Corp., Ltd.		23,433		27,509
Gujarat Narmada Valley Fertilizers & Chemicals, Ltd.		10,255		45,385
Gujarat Pipavav Port, Ltd.		15,449		21,951
Gujarat State Petronet, Ltd.		33,144		90,912
HBL Power Systems, Ltd.		18,476		6,852
HCL Technologies, Ltd.		3,346		52,548
HIL, Ltd.		588		15,703
Himachal Futuristic Communications, Ltd.		95,724		31,032
Himatsingka Seide, Ltd.		7,201		22,647
Hindalco Industries, Ltd.		94,380		279,144
HSIL, Ltd.		8,910		32,272
ICICI Bank, Ltd.		172,581		993,502
IDFC First Bank, Ltd.		126,067		100,937
IDFC, Ltd.		67,378		45,120
IIFL Holdings, Ltd.		47,890		297,150
Indiabulls Housing Finance, Ltd.		19,153		237,638
Indiabulls Real Estate, Ltd. (A)		41,734		55,346
Indian Bank (A)		13,953		56,327

49

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Emerging Markets Value Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
India (continued)
Ingersoll Rand India, Ltd.		4,901	$	44,546
Ipca Laboratories, Ltd.		1,050		14,828
J Kumar Infraprojects, Ltd.		9,276		21,167
Jagran Prakashan, Ltd.		12,700		23,285
Jai Corp., Ltd.		10,722		17,939
Jain Irrigation Systems, Ltd.		32,039		27,326
Jaiprakash Associates, Ltd. (A)		207,878		16,521
JB Chemicals & Pharmaceuticals, Ltd.		8,851		45,776
Jindal Saw, Ltd.		29,627		36,992
Jindal Steel & Power, Ltd. (A)		43,530		112,936
JK Cement, Ltd.		3,406		42,579
JK Lakshmi Cement, Ltd.		6,513		32,500
JK Paper, Ltd.		18,859		38,554
JK Tyre & Industries, Ltd.		8,887		11,771
JM Financial, Ltd.		33,116		45,229
JMC Projects India, Ltd.		1,703		2,893
JSW Energy, Ltd. (A)		51,942		54,478
JSW Steel, Ltd.		91,738		387,720
Jubilant Life Sciences, Ltd.		11,603		111,205
Kalpataru Power Transmission, Ltd.		9,196		62,892
Kiri Industries, Ltd. (A)		2,637		18,901
Kirloskar Brothers, Ltd.		6,377		14,967
Kolte-Patil Developers, Ltd.		12,368		44,642
KPIT Engineering, Ltd. (A)(D)		13,384		15,780
KPR Mill, Ltd.		4,780		39,618
L&T Finance Holdings, Ltd.		47,017		103,304
Laurus Labs, Ltd. (B)		2,865		16,430
LIC Housing Finance, Ltd.		34,587		265,100
Linde India, Ltd.		5,094		36,035
Lupin, Ltd.		18,507		197,244
Magma Fincorp, Ltd.		19,104		32,742
Maharashtra Scooters, Ltd.		619		31,568
Maharashtra Seamless, Ltd.		6,251		43,310
Mahindra & Mahindra Financial Services, Ltd.		22,643		137,461
Mahindra & Mahindra, Ltd.		67,278		655,317
Mahindra CIE Automotive, Ltd. (A)		17,673		59,615
Mahindra Lifespace Developers, Ltd.		9,555		49,609
Manappuram Finance, Ltd.		41,072		74,013
Max India, Ltd. (A)		21,707		21,020
McLeod Russel India, Ltd.		20,316		25,425
Merck, Ltd.		2,090		111,252
MOIL, Ltd.		15,877		36,384
Mphasis, Ltd.		13,286		191,909
MRF, Ltd.		80		66,830
Muthoot Finance, Ltd. (A)		5,997		53,111
Nagarjuna Fertilizers & Chemicals, Ltd. (A)		72,119		7,235
National Aluminium Company, Ltd.		86,920		69,557
Nava Bharat Ventures, Ltd.		28,327		43,121
NCC, Ltd.		25,675		41,848
Nilkamal, Ltd.		1,287		26,347
Oberoi Realty, Ltd.		4,654		35,075
Odisha Cement, Ltd. (A)		1,993		28,467
Omaxe, Ltd.		5,567		16,495
PC Jeweller, Ltd.		36,034		42,759
Persistent Systems, Ltd.		6,511		59,201
Phillips Carbon Black, Ltd.		7,735		19,682
Piramal Enterprises, Ltd.		6,745		268,239
PNB Housing Finance, Ltd. (B)		2,433		30,434
Polyplex Corp., Ltd.		2,563		19,237
Power Finance Corp., Ltd. (A)		90,707		160,119
Prestige Estates Projects, Ltd.		32,049		116,477
PTC India, Ltd.		31,315		33,183
Punjab National Bank (A)		67,838		93,367

Emerging Markets Value Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
India (continued)
Rain Industries, Ltd.		22,684	$	33,424
Rajesh Exports, Ltd.		8,931		85,509
Rallis India, Ltd.		9,977		23,191
Ramco Industries, Ltd.		4,270		13,113
REC, Ltd.		51,812		113,929
Redington India, Ltd.		105,855		157,020
Reliance Capital, Ltd.		10,794		31,783
Reliance Communications, Ltd. (A)		156,451		9,394
Reliance Home Finance, Ltd.		31,920		13,200
Reliance Industries, Ltd., GDR (B)		259,580		10,419,301
Reliance Power, Ltd. (A)		105,791		17,236
Repco Home Finance, Ltd.		5,371		35,973
Sharda Cropchem, Ltd.		2,311		12,321
Shriram City Union Finance, Ltd.		2,480		66,405
Shriram Transport Finance Company, Ltd.		12,179		224,129
Sintex Plastics Technology, Ltd. (A)		15,484		4,472
Sobha, Ltd.		5,289		39,302
State Bank of India (A)		103,428		478,066
Steel Authority of India, Ltd. (A)		63,740		49,506
Strides Pharma Science, Ltd.		2,675		18,195
Sun Pharmaceutical Industries, Ltd.		62,022		428,180
Sunteck Realty, Ltd.		9,376		62,108
TAKE Solutions, Ltd.		7,707		16,670
Tamil Nadu Newsprint & Papers, Ltd.		8,715		25,855
Tata Chemicals, Ltd.		5,882		50,357
Tata Global Beverages, Ltd.		23,936		70,522
Tata Motors, Ltd. (A)		192,452		483,263
Tata Steel, Ltd.		45,303		340,336
Tech Mahindra, Ltd.		11,998		134,587
Techno Electric & Engineering Company, Ltd. (A)		7,407		28,308
The Anup Engineering, Ltd. (A)(D)		1,153		9,303
The Great Eastern Shipping Company, Ltd.		12,279		50,399
The Indian Hotels Company, Ltd.		17,197		38,215
The Jammu & Kashmir Bank, Ltd. (A)		55,678		42,751
The Karnataka Bank, Ltd.		6,493		12,529
The Karur Vysya Bank, Ltd.		24,026		24,757
The KCP, Ltd.		9,336		11,835
The South Indian Bank, Ltd.		134,442		31,839
TI Financial Holdings, Ltd.		7,575		53,705
Time Technoplast, Ltd.		29,797		44,194
Tourism Finance Corp. of India, Ltd.		1,588		2,713
Transport Corp. of India, Ltd.		3,182		15,008
Trident, Ltd.		17,105		17,642
Tube Investments of India, Ltd.		8,264		44,962
TV18 Broadcast, Ltd. (A)		95,709		48,899
Uflex, Ltd.		7,789		25,640
Unichem Laboratories, Ltd.		6,860		19,213
VA Tech Wabag, Ltd.		7,507		35,634
Vardhman Textiles, Ltd.		3,223		50,709
Vedanta, Ltd., ADR		72,140		761,798
Vodafone Idea, Ltd. (A)		244,218		63,240
Welspun Corp., Ltd.		14,025		27,657
Welspun Enterprises, Ltd.		9,451		14,573
Welspun India, Ltd.		12,315		10,571
Wipro, Ltd.		251,888		926,977
Wockhardt, Ltd. (A)		4,216		26,942
Yes Bank, Ltd.		158,610		627,201
				30,160,798
Indonesia – 2.5%
Adaro Energy Tbk PT		1,509,400		142,940
Alam Sutera Realty Tbk PT (A)		3,659,400		79,749
Aneka Tambang Tbk PT		541,506		33,744

50

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Emerging Markets Value Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
Indonesia (continued)
Asahimas Flat Glass Tbk PT		62,500	$	24,140
Astra Agro Lestari Tbk PT		100,055		78,927
Astra Otoparts Tbk PT		267,700		29,232
Astrindo Nusantara Infrastructure Tbk PT (A)		8,664,700		30,389
Bakrie Telecom Tbk PT (A)		17,557,300		61,648
Bank Danamon Indonesia Tbk PT		688,594		450,200
Bank Mandiri Persero Tbk PT (A)		1,044,840		548,274
Bank Negara Indonesia Persero Tbk PT (A)		831,281		550,181
Bank Pan Indonesia Tbk PT (A)		966,897		97,662
Bank Pembangunan Daerah Jawa Barat Dan Banten Tbk PT (A)		284,100		40,151
Bank Pembangunan Daerah Jawa Timur Tbk PT (A)		841,600		38,447
Bank Tabungan Negara Persero Tbk PT		376,361		64,709
Barito Pacific Tbk PT		1,126,800		284,293
Bekasi Fajar Industrial Estate Tbk PT		817,800		13,780
Berlian Laju Tanker Tbk PT (A)(D)		16,708,166		150,186
BISI International Tbk PT		564,400		56,907
Blue Bird Tbk PT		5,500		1,371
Bumi Serpong Damai Tbk PT (A)		499,400		49,388
Ciputra Development Tbk PT		3,400,144		239,203
Elnusa Tbk PT		742,600		18,765
Erajaya Swasembada Tbk PT		222,700		27,724
Gajah Tunggal Tbk PT (A)		721,700		35,246
Global Mediacom Tbk PT		2,570,400		63,230
Harum Energy Tbk PT		299,900		29,953
Indah Kiat Pulp & Paper Corp. Tbk PT		298,900		180,804
Indika Energy Tbk PT		225,300		28,957
Indo Tambangraya Megah Tbk PT		34,600		58,252
Indofood Sukses Makmur Tbk PT		434,100		194,470
Intiland Development Tbk PT (A)		1,795,100		44,106
Japfa Comfeed Indonesia Tbk PT		499,770		61,661
Jaya Real Property Tbk PT		215,500		9,007
Kawasan Industri Jababeka Tbk PT (A)		6,378,199		109,310
KMI Wire & Cable Tbk PT		743,100		17,336
Krakatau Steel Persero Tbk PT (A)		540,000		17,531
Lippo Karawaci Tbk PT		3,339,693		67,610
Malindo Feedmill Tbk PT		128,500		12,012
Medco Energi Internasional Tbk PT (A)		853,233		53,375
Media Nusantara Citra Tbk PT		718,600		37,914
Metrodata Electronics Tbk PT		233,100		18,022
MNC Investama Tbk PT (A)		12,659,200		72,928
Modernland Realty Tbk PT		3,297,400		57,923
Pabrik Kertas Tjiwi Kimia Tbk PT		28,200		21,851
Pan Brothers Tbk PT		1,302,200		50,288
Paninvest Tbk PT (A)		660,500		54,321
Perusahaan Perkebunan London Sumatra Indonesia Tbk PT		192,700		14,089
PP Persero Tbk PT		292,600		42,892
Salim Ivomas Pratama Tbk PT		1,429,500		44,192
Sampoerna Agro Tbk PT		331,700		55,840
Sentul City Tbk PT (A)		3,615,400		27,218
Siloam International Hospitals Tbk PT (A)		161,400		43,125
Solusi Bangun Indonesia Tbk PT (A)		247,768		35,845
Sri Rejeki Isman Tbk PT		1,260,900		29,964
Summarecon Agung Tbk PT		600,500		39,702
Suryainti Permata Tbk PT (A)(D)		1,446,000		0
Tiga Pilar Sejahtera Food Tbk PT (A)(D)		1,428,300		16,851
Timah Tbk PT		721,660		63,693
Tiphone Mobile Indonesia Tbk PT		773,100		41,821
Trias Sentosa Tbk PT (A)		1,792,200		46,671

Emerging Markets Value Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
Indonesia (continued)
Truba Alam Manunggal Engineering PT (A)(D)		11,991,500	$	0
Tunas Baru Lampung Tbk PT		884,800		52,218
Tunas Ridean Tbk PT		865,400		70,803
United Tractors Tbk PT		177,100		337,053
Vale Indonesia Tbk PT (A)		224,100		53,463
Visi Media Asia Tbk PT (A)		2,030,800		23,135
Waskita Beton Precast Tbk PT		1,406,800		39,793
Waskita Karya Persero Tbk PT		533,700		74,609
Wijaya Karya Beton Tbk PT		1,074,000		46,833
Wijaya Karya Persero Tbk PT		349,400		53,166
XL Axiata Tbk PT (A)		280,100		53,174
				5,714,267
Malaysia – 3.1%
AFFIN Bank BHD		221,474		119,491
AirAsia Group BHD		217,600		142,035
Alliance Bank Malaysia BHD		341,200		342,281
AMMB Holdings BHD		365,362		408,553
Batu Kawan BHD		3,100		12,896
Berjaya Assets BHD (A)		77,400		5,888
Berjaya Corp. BHD (A)		422,593		27,988
Berjaya Land BHD (A)		244,400		14,988
BIMB Holdings BHD		24,400		25,770
Borneo Oil BHD (A)		234,100		2,291
Boustead Holdings BHD		229,588		71,500
Boustead Plantations BHD		144,840		26,977
CIMB Group Holdings BHD		561,918		710,076
Coastal Contracts BHD (A)		86,000		22,346
Cypark Resources BHD		52,800		21,882
DRB-Hicom BHD		55,600		25,945
Eastern & Oriental BHD (A)		173,037		38,425
Eco World Development Group BHD (A)		261,500		59,640
Ekovest BHD (C)		146,600		17,829
FGV Holdings BHD (A)		198,000		57,288
Gamuda BHD		18,600		13,159
Genting BHD		204,300		332,720
Glomac BHD		106,040		9,625
HAP Seng Consolidated BHD		33,620		81,539
Hap Seng Plantations Holdings BHD		76,300		32,680
Hengyuan Refining Company BHD (A)		28,800		41,149
HeveaBoard BHD		105,300		16,532
Hiap Teck Venture BHD		368,000		23,963
Hong Leong Financial Group BHD		56,699		266,515
IGB BHD		94,435		61,304
IJM Corp. BHD		576,860		314,345
Insas BHD		191,469		35,750
IOI Properties Group BHD		355,675		115,126
Jaya Tiasa Holdings BHD		58,826		7,778
Keck Seng Malaysia BHD		69,600		79,931
Kenanga Investment Bank BHD		233,945		31,037
Kian JOO CAN Factory BHD		153,700		116,808
KSL Holdings BHD (A)		213,800		48,756
Kumpulan Fima BHD		2,300		936
Land & General BHD		814,920		30,025
LBS Bina Group BHD		206,900		32,215
Magnum BHD		147,000		85,783
Mah Sing Group BHD		393,200		89,686
Malayan Banking BHD		138,984		315,817
Malayan Flour Mills BHD		198,450		36,984
Malaysia Building Society BHD		164,486		38,555
Malaysian Resources Corp. BHD		202,400		43,997
Matrix Concepts Holdings BHD		17,400		8,062
Media Prima BHD (A)		113,800		13,415
Mega First Corp. BHD		73,700		69,571
MISC BHD		106,200		174,321

51

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Emerging Markets Value Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
Malaysia (continued)
MKH BHD		97,630	$	30,881
MMC Corp. BHD (C)		68,600		16,662
MNRB Holdings BHD (A)		36,000		9,103
Mudajaya Group BHD (A)		95,139		8,169
Muhibbah Engineering (M) BHD		99,700		71,607
Mulpha International BHD (A)		73,710		43,380
Oriental Holdings BHD		96,420		152,161
OSK Holdings BHD		310,897		71,270
Petron Malaysia Refining & Marketing BHD		19,300		31,272
PPB Group BHD		27,700		124,273
RHB Bank BHD		116,789		163,267
Sapura Energy BHD (A)(C)		2,099,700		171,885
Sarawak Oil Palms BHD		73,985		44,797
Selangor Properties BHD (A)		24,000		36,741
Shangri-La Hotels Malaysia BHD		40,400		55,071
Sime Darby BHD		238,200		130,228
Sime Darby Property BHD		38,200		10,397
SP Setia BHD Group		90,325		50,291
Sumatec Resources BHD (A)		915,000		1,128
Sunway BHD		337,622		139,004
Ta Ann Holdings BHD		50,348		29,629
TA Enterprise BHD		379,700		57,683
TA Global BHD		456,900		28,016
Tan Chong Motor Holdings BHD		42,500		15,726
TIME dotCom BHD		18,100		38,578
Tropicana Corp. BHD		203,040		43,045
UEM Edgenta BHD		42,600		29,030
UEM Sunrise BHD		434,200		87,383
United Malacca BHD		68,300		91,039
UOA Development BHD		270,200		142,480
Vivocom International Holdings BHD (A)		1,011,666		4,926
Wah Seong Corp. BHD (A)		1,700		323
WCT Holdings BHD		186,914		38,076
YNH Property BHD		131,119		38,259
YTL Corp. BHD		1,290,914		335,401
				7,063,354
Mexico – 3.4%
ALEATICA SAB de CV		16,588		18,032
Alfa SAB de CV, Class A		480,315		510,498
Arca Continental SAB de CV		6,806		37,915
Banco del Bajio SA (B)		27,044		53,711
Banco Santander Mexico SA, B Shares		272,104		371,632
Cemex SAB de CV (A)(C)		481,043		224,533
Coca-Cola Femsa SAB de CV, Series L		11,881		78,538
Consorcio ARA SAB de CV		46,418		11,885
Corp. Actinver SAB de CV		16,024		10,650
Credito Real SAB de CV		56,038		63,226
El Puerto de Liverpool SAB de CV, Series C1 (C)		13,794		87,482
Genomma Lab Internacional SAB de CV, Class B (A)		52,565		37,968
Gentera SAB de CV		115,192		89,553
Grupo Aeromexico SAB de CV (A)		36,410		37,891
Grupo Carso SAB de CV, Series A1		86,206		338,824
Grupo Cementos de Chihuahua SAB de CV		5,665		31,214
Grupo Comercial Chedraui SA de CV		125,537		244,474
Grupo Elektra SAB de CV		4,914		265,677
Grupo Famsa SAB de CV, Class A (A)		38,394		13,431
Grupo Financiero Banorte SAB de CV, Series O		136,524		741,693
Grupo Financiero Inbursa SAB de CV, Series O		254,354		352,369

Emerging Markets Value Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
Mexico (continued)
Grupo Herdez SAB de CV		12,988	$	28,927
Grupo Industrial Saltillo SAB de CV		66,152		72,592
Grupo KUO SAB de CV, Series B		140,698		324,739
Grupo Mexico SAB de CV, Series B (C)		758,155		2,075,623
Grupo Pochteca SAB de CV (A)		11,500		3,881
Grupo Sanborns SAB de CV		167,391		161,266
Grupo Sports World SAB de CV (A)		9,300		9,477
Industrias Bachoco SAB de CV, Series B		11,048		42,444
Industrias CH SAB de CV, Series B (A)		56,177		249,306
Industrias Penoles SAB de CV		12,262		153,023
Minera Frisco SAB de CV, Series A1 (A)		136,529		31,090
Nemak SAB de CV (B)(C)		152,268		88,096
Organizacion Cultiba SAB de CV (A)		81,218		73,225
Organizacion Soriana SAB de CV, Series B (A)(C)		565,621		655,657
Promotora y Operadora de Infraestructura SAB de CV, L Shares		7,248		45,556
TV Azteca SAB de CV		430,401		46,343
Unifin Financiera SAB de CV (C)		21,575		46,495
Vitro SAB de CV, Series A		43,997		113,312
				7,842,248
Philippines – 2.0%
8990 Holdings, Inc.		151,300		37,019
Alliance Global Group, Inc.		657,000		202,328
Bank of the Philippine Islands		42,830		68,746
BDO Unibank, Inc.		190,647		486,616
Cebu Air, Inc.		73,830		116,707
China Banking Corp.		75,528		38,597
Cosco Capital, Inc.		467,000		68,055
East West Banking Corp. (A)		118,100		27,345
EEI Corp. (A)		43,000		7,537
Empire East Land Holdings, Inc. (A)		994,000		9,472
Filinvest Development Corp.		119,475		34,306
Filinvest Land, Inc.		3,210,500		92,935
First Philippine Holdings Corp.		68,590		103,506
Global Ferronickel Holdings, Inc. (A)		283,424		8,367
GT Capital Holdings, Inc.		4,277		75,928
International Container Terminal Services, Inc.		12,510		31,144
JG Summit Holdings, Inc.		745,280		901,565
Lopez Holdings Corp.		424,600		42,464
LT Group, Inc.		159,800		49,039
Megaworld Corp.		1,589,700		175,610
Metropolitan Bank & Trust Company		73,646		112,171
Nickel Asia Corp.		533,320		25,280
Petron Corp.		750,700		92,752
Philex Mining Corp.		161,300		10,536
Philippine National Bank (A)		76,640		83,192
Philtown Properties, Inc. (A)(D)		3,844		113
Phoenix Petroleum Philippines, Inc.		146,300		34,057
Premium Leisure Corp.		815,000		13,198
RFM Corp.		266,000		24,204
Rizal Commercial Banking Corp.		220,403		112,041
Robinsons Land Corp.		597,768		279,088
Robinsons Retail Holdings, Inc.		8,570		12,895
San Miguel Corp.		126,540		419,595
Security Bank Corp.		15,410		50,766
Top Frontier Investment Holdings, Inc. (A)		63,774		317,800
Travellers International Hotel Group, Inc. (A)		120,800		12,978
Union Bank of the Philippines		162,180		187,854
Vista Land & Lifescapes, Inc.		983,900		135,477
				4,501,283

52

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Emerging Markets Value Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
Poland – 1.1%
Alior Bank SA (A)		3,289	$	51,244
Amica SA		769		29,232
Asseco Poland SA		18,925		255,995
Bank Millennium SA (A)		34,530		80,462
Boryszew SA (A)		12,781		15,147
Cyfrowy Polsat SA		11,294		75,561
Enea SA (A)		24,198		55,159
Firma Oponiarska Debica SA		1,142		25,338
Grupa Azoty SA		6,080		65,095
Grupa Kety SA		143		12,018
Grupa Lotos SA		15,765		342,495
Impexmetal SA (A)		17,409		17,861
Jastrzebska Spolka Weglowa SA (A)		1,960		31,165
KGHM Polska Miedz SA (A)		10,646		296,784
LC Corp. SA		99,357		69,144
Lubelski Wegiel Bogdanka SA (A)		2,164		26,783
mBank SA		756		83,731
Netia SA (A)		32,614		43,197
PGE Polska Grupa Energetyczna SA (A)		40,880		105,909
PKP Cargo SA (A)		5,709		69,640
Polnord SA (A)		3,370		6,849
Polski Koncern Naftowy ORLEN SA		19,488		496,054
Powszechna Kasa Oszczednosci Bank Polski SA		6,247		62,809
Stalexport Autostrady SA		15,820		16,588
Stalprodukt SA		410		35,477
Tauron Polska Energia SA (A)		71,299		37,603
VRG SA (A)		34,797		38,976
				2,446,316
Russia – 2.3%
Gazprom PJSC, ADR		268,008		1,210,790
LUKOIL PJSC, ADR		41,714		3,740,297
Magnitogorsk Iron & Steel Works PJSC, GDR		6,739		60,508
RusHydro PJSC, ADR		93,887		67,134
VTB Bank PJSC, GDR		86,297		98,658
				5,177,387
Singapore – 0.0%
Grindrod Shipping Holdings, Ltd. (A)		2,852		14,329
Pacc Offshore Services Holdings, Ltd. (A)		31,198		4,035
				18,364
South Africa – 6.9%
Absa Group, Ltd.		112,543		1,191,029
Adcorp Holdings, Ltd. (A)		35,300		46,806
AECI, Ltd.		40,051		266,112
African Oxygen, Ltd.		7,992		13,316
African Rainbow Minerals, Ltd.		18,216		214,062
Alexander Forbes Group Holdings, Ltd.		189,709		66,695
Alviva Holdings, Ltd.		60,885		71,171
AngloGold Ashanti, Ltd. (C)		88,129		1,158,738
ArcelorMittal South Africa, Ltd. (A)		70,042		16,380
Ascendis Health, Ltd. (A)		19,735		4,786
Aspen Pharmacare Holdings, Ltd.		28,458		183,820
Assore, Ltd.		6,843		176,991
Aveng, Ltd. (A)		2,832,517		5,924
Balwin Properties, Ltd.		6,271		1,123
Barloworld, Ltd.		22,158		196,279
Blue Label Telecoms, Ltd. (A)		44,582		11,563
Caxton and CTP Publishers & Printers, Ltd.		101,886		57,555
Clover Industries, Ltd.		43,728		71,526
DataTec, Ltd. (A)		66,322		153,645
DRDGOLD, Ltd. (A)		89,801		18,184

Emerging Markets Value Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
South Africa (continued)
EOH Holdings, Ltd. (A)		35,265	$	25,484
Exxaro Resources, Ltd.		15,767		179,315
Gold Fields, Ltd., ADR		244,641		912,511
Grindrod, Ltd.		114,082		60,736
Hudaco Industries, Ltd.		10,331		93,283
Hulamin, Ltd.		112,965		36,033
Imperial Logistics, Ltd. (C)		41,649		173,365
Investec, Ltd.		49,845		291,852
Invicta Holdings, Ltd.		2,127		4,083
KAP Industrial Holdings, Ltd.		552,780		269,929
Lewis Group, Ltd.		23,713		51,186
Liberty Holdings, Ltd.		18,643		130,993
Long4Life, Ltd.		31,563		10,007
Merafe Resources, Ltd. (C)		617,120		61,289
Metair Investments, Ltd.		62,185		99,497
MMI Holdings, Ltd.		162,536		187,403
Mpact, Ltd.		61,349		103,404
MTN Group, Ltd. (C)		217,876		1,341,108
Murray & Roberts Holdings, Ltd.		233,005		230,561
Nampak, Ltd. (A)		256,121		198,029
Nedbank Group, Ltd.		41,821		730,886
Novus Holdings, Ltd.		30,686		8,938
Old Mutual, Ltd.		12,888		19,556
Omnia Holdings, Ltd.		25,846		91,067
Peregrine Holdings, Ltd.		27,974		36,463
PPC, Ltd. (A)		425,143		138,399
Raubex Group, Ltd.		33,663		46,915
RCL Foods, Ltd.		35,643		33,405
Reunert, Ltd.		22,587		110,974
Sappi, Ltd.		61,862		285,959
Sasol, Ltd.		57,341		1,787,927
Sibanye Gold, Ltd. (A)		633,808		678,140
Standard Bank Group, Ltd.		180,006		2,321,892
Steinhoff International Holdings NV (A)(C)		999,171		130,972
Super Group, Ltd. (A)		138,830		319,707
Telkom SA SOC, Ltd.		64,700		328,595
Tongaat Hulett, Ltd.		15,397		22,982
Trencor, Ltd.		56,829		105,079
Tsogo Sun Holdings, Ltd.		91,928		123,288
Wilson Bayly Holmes-Ovcon, Ltd.		12,124		89,889
				15,796,806
South Korea – 16.3%
AJ Networks Company, Ltd.		2,832		11,987
AK Holdings, Inc.		743		33,368
ASIA Holdings Company, Ltd.		241		26,961
Asiana Airlines, Inc. (A)		13,913		43,087
BNK Financial Group, Inc.		29,185		171,852
Bookook Securities Company, Ltd.		501		9,185
Busan City Gas Company, Ltd.		58		2,028
Byucksan Corp.		18,769		48,431
Chongkundang Holdings Corp.		860		51,901
Chosun Refractories Company, Ltd.		643		46,828
CJ CheilJedang Corp.		906		257,961
CJ Corp.		1,898		208,461
CJ Hello Company, Ltd.		3,836		31,317
Cosmax BTI, Inc.		798		17,064
Dae Han Flour Mills Company, Ltd.		344		57,533
Daegu Department Store		1,787		12,232
Daehan Steel Company, Ltd.		3,888		19,755
Daelim Industrial Company, Ltd.		2,619		222,447
Daesang Corp.		2,513		62,804
Daesang Holdings Company, Ltd.		6,371		49,519
Daewon San Up Company, Ltd.		5,336		28,502

53

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Emerging Markets Value Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
South Korea (continued)
Daewoo Engineering & Construction Company, Ltd. (A)		17,971	$	80,565
Dahaam E-Tec Company, Ltd. (A)(D)		2,630		62,558
Daishin Securities Company, Ltd.		3,901		37,888
Daou Data Corp.		3,288		28,216
Daou Technology, Inc.		3,359		62,691
DB Financial Investment Company, Ltd.		10,502		44,593
DB HiTek Company, Ltd.		3,339		36,855
DGB Financial Group, Inc.		17,640		127,070
Dong A Eltek Company, Ltd.		3,101		24,036
Dong-Ah Geological Engineering Company, Ltd.		910		13,942
Dong-Il Corp.		760		54,307
Dongil Industries Company, Ltd.		859		42,855
Dongkuk Industries Company, Ltd.		14,391		34,253
Dongkuk Steel Mill Company, Ltd. (A)		6,404		41,715
Dongwha Enterprise Company, Ltd.		1,328		21,544
Dongwon Development Company, Ltd.		13,035		48,560
Dongwon Industries Company, Ltd.		176		36,194
Doosan Bobcat, Inc.		355		9,673
Doosan Corp.		365		29,812
Doosan Heavy Industries & Construction Company, Ltd. (A)		8,813		52,072
Doosan Infracore Company, Ltd. (A)(C)		56,623		352,474
DTR Automotive Corp.		1,591		47,326
e Tec E&C, Ltd.		188		14,728
Eagon Holdings Company, Ltd.		11,259		31,562
Easy Bio, Inc.		7,919		48,096
E-MART, Inc.		2,274		344,973
Eugene Corp.		6,888		40,472
Eugene Investment & Securities Company, Ltd.		11,471		25,031
Eusu Holdings Company, Ltd. (A)		4,835		33,784
GS Engineering & Construction Corp.		3,891		146,395
GS Global Corp.		7,813		17,629
GS Holdings Corp.		6,964		324,370
Gwangju Shinsegae Company, Ltd.		152		24,786
Halla Holdings Corp.		1,446		51,891
Hana Financial Group, Inc.		47,139		1,513,537
Hanil Cement Company, Ltd.		609		77,729
Hanil Holdings Company, Ltd.		595		28,687
Hanjin Kal Corp.		2,655		60,227
Hankook Tire Company, Ltd.		9,820		324,051
Hanshin Construction Company, Ltd.		2,652		44,125
Hansol Holdings Company, Ltd. (A)		5,139		19,843
Hansol Paper Company, Ltd.		2,920		37,998
Hanwha Aerospace Company, Ltd. (A)		2,248		68,244
Hanwha Chemical Corp.		11,907		219,947
Hanwha Corp.		5,442		146,096
Hanwha General Insurance Company, Ltd.		5,427		24,748
Hanwha Investment & Securities Company, Ltd. (A)		15,071		29,018
Hanwha Life Insurance Company, Ltd.		43,282		152,682
Harim Holdings Company, Ltd.		999		10,223
HDC Holdings Company, Ltd.		15,766		263,921
Heungkuk Fire & Marine Insurance Company, Ltd. (A)		6,321		27,258
Hite Jinro Company, Ltd.		3,973		64,833
Huvis Corp.		3,715		26,147
Hyundai BNG Steel Company, Ltd.		3,816		35,260
Hyundai Construction Equipment Company, Ltd.		4,324		182,154
Hyundai Corp. Holdings, Inc.		1,811		22,649

Emerging Markets Value Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
South Korea (continued)
Hyundai Department Store Company, Ltd.		1,430	$	127,461
Hyundai Electric & Energy System Company, Ltd. (A)		4,468		98,213
Hyundai Engineering & Construction Company, Ltd.		5,041		237,624
Hyundai Greenfood Company, Ltd.		5,234		65,970
Hyundai Heavy Industries Company, Ltd. (A)		3,823		401,643
Hyundai Heavy Industries Holdings Company, Ltd.		1,124		330,063
Hyundai Home Shopping Network Corp.		652		62,621
Hyundai Hy Communications & Network Company, Ltd.		8,894		32,962
Hyundai Marine & Fire Insurance Company, Ltd.		3,209		107,229
Hyundai Mipo Dockyard Company, Ltd.		3,528		183,069
Hyundai Mobis Company, Ltd.		5,207		957,538
Hyundai Motor Company		22,546		2,377,184
Hyundai Motor Securities Company, Ltd.		5,956		49,514
Hyundai Steel Company		12,629		500,765
iMarketKorea, Inc.		4,402		37,336
Industrial Bank of Korea		37,892		469,172
Iones Company, Ltd. (A)		2,017		14,217
IS Dongseo Company, Ltd.		1,325		36,708
JB Financial Group Company, Ltd.		80,173		394,095
Jeil Savings Bank (A)(D)		1,820		0
KB Financial Group, Inc.		21,273		787,147
KB Financial Group, Inc., ADR		43,651		1,617,706
KC Company, Ltd.		3,208		44,453
KCC Corp.		413		116,013
KG Chemical Corp.		1,543		20,133
KG Eco Technology Service Company, Ltd.		13,709		46,848
Kia Motors Corp.		32,179		1,002,865
KISCO Corp.		4,131		21,872
KISCO Holdings Company, Ltd.		2,512		29,785
KISWIRE, Ltd.		1,351		29,519
KIWOOM Securities Company, Ltd.		1,432		102,541
Kolon Corp.		898		26,640
Kolon Industries, Inc.		2,219		99,110
Korea Asset In Trust Company, Ltd.		8,238		30,362
Korea Autoglass Corp.		1,720		24,415
Korea Electric Terminal Company, Ltd.		852		46,153
Korea Investment Holdings Company, Ltd.		5,678		311,335
Korea Line Corp. (A)		2,569		47,987
Korea Petrochemical Industrial Company, Ltd.		441		61,142
Korean Air Lines Company, Ltd.		5,950		167,296
Korean Reinsurance Company		12,440		100,408
Kortek Corp.		1,806		24,616
KPX Chemical Company, Ltd.		933		45,117
KSS LINE, Ltd.		5,242		33,108
KT Skylife Company, Ltd.		1,768		18,391
KTB Investment & Securities Company, Ltd. (A)		8,806		23,099
Kukdo Chemical Company, Ltd.		308		13,042
Kumho Tire Company, Inc. (A)		7,054		27,167
Kyeryong Construction Industrial Company, Ltd.		1,547		33,017
Kyungbang Company, Ltd.		5,320		47,164
LF Corp.		2,312		50,986
LG Corp.		9,914		677,226
LG Display Company, Ltd., ADR (C)		130,913		1,132,397

54

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Emerging Markets Value Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
South Korea (continued)
LG Electronics, Inc.		16,188	$	1,073,380
LG Hausys, Ltd.		659		35,279
LG International Corp.		2,902		41,114
Lotte Chemical Corp.		2,605		668,334
Lotte Chilsung Beverage Company, Ltd.		55		85,828
Lotte Corp.		1,347		58,711
LOTTE Fine Chemical Company, Ltd.		2,337		91,026
LOTTE Himart Company, Ltd.		1,006		45,435
Lotte Non-Life Insurance Company, Ltd. (A)		5,459		13,172
Lotte Shopping Company, Ltd.		837		131,436
LS Corp.		1,793		82,781
Meritz Financial Group, Inc.		3,743		46,858
Meritz Securities Company, Ltd.		38,783		167,050
Mi Chang Oil Industrial Company, Ltd.		546		37,773
Mirae Asset Daewoo Company, Ltd.		38,700		250,569
Mirae Asset Life Insurance Company, Ltd.		30,202		136,841
MK Electron Company, Ltd.		5,670		41,807
Moorim Paper Company, Ltd.		9,074		25,848
Muhak Company, Ltd.		2,080		23,376
Namyang Dairy Products Company, Ltd.		58		31,309
Nexen Corp.		9,530		52,092
Nexen Tire Corp.		6,465		56,528
NH Investment & Securities Company, Ltd.		17,050		202,590
NHN Entertainment Corp. (A)		760		59,355
Nong Shim Holdings Company, Ltd.		545		41,331
NongShim Company, Ltd.		255		69,436
NOROO Paint & Coatings Company, Ltd.		3,102		21,565
NS Shopping Company, Ltd.		1,078		11,263
OCI Company, Ltd.		2,222		182,374
Orange Life Insurance, Ltd. (B)		2,021		64,153
Orion Holdings Corp.		1,820		29,786
Pan Ocean Company, Ltd. (A)		26,446		95,989
Poonglim Industrial Company, Ltd. (A)(D)		189		14
Poongsan Corp.		2,423		61,778
Poongsan Holdings Corp.		1,404		50,215
POSCO		12,499		2,791,025
Posco International Corp.		5,969		93,571
Pulmuone Company, Ltd.		241		20,786
S&T Dynamics Company, Ltd.		2,942		19,066
S&T Holdings Company, Ltd.		3,981		45,814
S&T Motiv Company, Ltd.		1,532		52,152
Sajo Industries Company, Ltd.		611		28,604
Sambo Motors Company, Ltd.		2,520		15,960
Samho Development Company, Ltd.		4,213		18,995
SAMHWA Paints Industrial Company, Ltd.		4,550		24,035
Sammok S-Form Company, Ltd.		1,315		16,414
Samsung C&T Corp.		5,166		487,799
Samsung Card Company, Ltd.		3,308		100,241
Samsung Heavy Industries Company, Ltd. (A)		32,261		235,243
Samsung Life Insurance Company, Ltd.		9,411		697,523
Samsung Securities Company, Ltd.		6,247		183,794
SAMT Company, Ltd.		11,604		17,304
Samyang Corp.		258		13,784
Samyang Holdings Corp.		535		38,917
SAVEZONE I&C CORP.		6,270		21,671
SeAH Holdings Corp.		204		16,951
Sebang Company, Ltd.		1,153		14,028
Sebang Global Battery Company, Ltd.		921		37,481

Emerging Markets Value Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
South Korea (continued)
SFA Semicon Company, Ltd. (A)		17,820	$	24,374
Shindaeyang Paper Company, Ltd.		267		20,487
Shinhan Financial Group Company, Ltd., ADR (C)		93,103		3,458,776
Shinsegae Engineering & Construction Company, Ltd.		621		16,275
Shinsegae, Inc.		672		200,337
Shinyoung Securities Company, Ltd. (A)		970		49,197
Silla Company, Ltd.		1,581		19,793
SIMMTECH Company, Ltd.		2,347		14,073
Sindoh Company, Ltd.		1,086		44,717
SK Discovery Company, Ltd.		1,994		46,606
SK Gas, Ltd.		598		48,177
SK Innovation Company, Ltd.		10,367		1,639,994
SK Networks Company, Ltd.		21,423		114,368
SKC Company, Ltd.		2,315		73,912
SL Corp.		2,533		49,153
Sun Kwang Company, Ltd.		1,162		17,674
Sungshin Cement Company, Ltd.		3,637		35,950
Sunjin Company, Ltd.		2,276		23,997
Taekwang Industrial Company, Ltd.		102		145,267
Taeyoung Engineering & Construction Company, Ltd.		4,240		46,445
The LEADCORP, Inc.		7,284		37,788
Tongyang Life Insurance Company, Ltd.		7,644		30,981
Tovis Company, Ltd.		1,305		7,938
TS Corp.		1,935		36,258
Unid Company, Ltd.		746		32,543
Wonik Holdings Company, Ltd. (A)		5,948		25,424
Woongjin Thinkbig Company, Ltd. (A)		14,098		36,114
Woori Financial Group, Inc.		90,830		1,100,267
Yong Pyong Resort Company, Ltd.		5,575		38,401
Youlchon Chemical Company, Ltd.		1,237		14,128
Young Poong Corp.		21		14,813
Youngone Corp.		894		25,691
Youngone Holdings Company, Ltd.		920		51,926
Yuanta Securities Korea Company, Ltd. (A)		11,703		31,901
Zeus Company, Ltd.		1,798		22,840
				37,202,099
Taiwan – 15.7%
Acer, Inc.		148,452		95,431
ACES Electronic Company, Ltd.		54,000		44,063
Advanced International Multitech Company, Ltd.		21,000		27,014
Advancetek Enterprise Company, Ltd.		57,186		28,687
AGV Products Corp. (A)		87,716		20,614
Allis Electric Company, Ltd.		70,000		34,831
Apacer Technology, Inc.		11,000		12,222
APCB, Inc.		37,000		34,289
Asia Cement Corp.		265,805		346,291
Asia Polymer Corp.		75,253		34,472
Asia Tech Image, Inc.		20,000		30,856
Asia Vital Components Company, Ltd.		48,328		53,748
Asustek Computer, Inc.		51,000		369,563
AU Optronics Corp., ADR (C)		204,040		742,709
Audix Corp.		31,000		39,295
AVY Precision Technology, Inc.		23,392		26,776
BES Engineering Corp.		370,700		97,059
Capital Securities Corp.		689,403		214,918
Carnival Industrial Corp. (A)		47,000		8,910
Catcher Technology Company, Ltd.		21,000		162,230
Cathay Financial Holding Company, Ltd.		1,362,000		1,989,515
Cathay Real Estate Development Company, Ltd.		54,400		42,567

55

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Emerging Markets Value Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
Taiwan (continued)
Central Reinsurance Company, Ltd.		31,500	$	18,196
Champion Building Materials Company, Ltd. (A)		120,132		27,035
Chang Hwa Commercial Bank, Ltd.		1,509,642		904,337
CHC Healthcare Group		29,000		32,956
Chen Full International Company, Ltd.		42,000		53,119
Cheng Loong Corp.		68,320		45,541
Cheng Uei Precision Industry Company, Ltd.		56,629		72,186
Chien Kuo Construction Company, Ltd.		72,000		24,196
Chilisin Electronics Corp.		10,000		29,244
China Airlines, Ltd.		264,910		84,829
China Bills Finance Corp.		275,000		130,776
China Development Financial Holding Corp.		911,208		304,990
China Life Insurance Company, Ltd.		231,000		196,229
China Man-Made Fiber Corp.		161,082		52,390
China Metal Products Company, Ltd.		42,513		51,635
China Motor Corp.		131,125		121,343
China Petrochemical Development Corp. (A)		262,550		103,299
China Steel Corp.		2,263,180		1,858,905
China Wire & Cable Company, Ltd.		26,380		18,721
Chin-Poon Industrial Company, Ltd.		43,571		53,925
ChipMOS Technologies, Inc.		33,938		28,910
Chun YU Works & Company, Ltd.		79,000		60,010
Chun Yuan Steel		234,874		80,019
Chung Hung Steel Corp. (A)		625		232
Chung Hwa Pulp Corp.		213,977		68,101
Chung-Hsin Electric & Machinery Manufacturing Corp.		75,500		50,626
Chunghwa Picture Tubes, Ltd. (A)		1,622,429		21,707
Compal Electronics, Inc.		416,000		258,884
Compeq Manufacturing Company, Ltd.		111,000		85,602
Continental Holdings Corp.		99,050		50,832
Coretronic Corp.		36,000		56,771
Coxon Precise Industrial Company, Ltd. (A)		23,000		14,243
Creative Sensor, Inc.		45,000		32,526
CTBC Financial Holding Company, Ltd.		1,660,348		1,102,613
DA CIN Construction Company, Ltd.		20,000		14,097
Delpha Construction Company, Ltd.		26,261		13,597
Depo Auto Parts Industrial Company, Ltd.		21,000		46,524
Dynamic Electronics Company, Ltd. (A)		159,762		51,900
E Ink Holdings, Inc.		150,000		168,101
E.Sun Financial Holding Company, Ltd.		497,289		383,750
Edom Technology Company, Ltd.		34,000		15,535
Elite Semiconductor Memory Technology, Inc.		35,000		35,918
Elitegroup Computer Systems Company, Ltd. (A)		65,104		25,726
EnTie Commercial Bank Company, Ltd.		103,000		45,123
Epistar Corp.		119,312		96,354
Eva Airways Corp.		229,389		112,476
Everest Textile Company, Ltd. (A)(C)		155,162		57,451
Evergreen International Storage & Transport Corp.		85,600		37,385
Evergreen Marine Corp. Taiwan, Ltd.		451,637		175,402
Everlight Chemical Industrial Corp.		103,250		57,339
Everlight Electronics Company, Ltd.		162,000		164,511
Excelsior Medical Company, Ltd.		31,695		50,946
Far Eastern Department Stores, Ltd.		349,720		186,236
Far Eastern International Bank		750,712		273,045
Far Eastern New Century Corp.		344,249		340,806

Emerging Markets Value Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
Taiwan (continued)
Farglory Land Development Company, Ltd.		44,530	$	54,233
Federal Corp. (A)		158,847		57,242
First Financial Holding Company, Ltd.		1,022,972		700,614
First Steamship Company, Ltd. (A)		128,807		51,096
Formosa Advanced Technologies Company, Ltd.		25,000		28,754
Formosa Laboratories, Inc.		27,257		37,526
Formosa Taffeta Company, Ltd.		67,000		80,084
Formosan Rubber Group, Inc.		52,020		29,229
Formosan Union Chemical		144,013		66,654
Founding Construction & Development Company, Ltd.		81,566		43,301
Foxconn Technology Company, Ltd.		70,626		141,163
Froch Enterprise Company, Ltd.		33,060		15,319
Fubon Financial Holding Company, Ltd.		1,410,417		2,108,415
Fulgent Sun International Holding Company, Ltd.		22,676		49,593
Fwusow Industry Company, Ltd.		55,995		33,436
G Shank Enterprise Company, Ltd.		40,535		30,921
Giantplus Technology Company, Ltd.		98,000		34,710
Gigabyte Technology Company, Ltd.		64,000		102,247
Global Brands Manufacture, Ltd.		40,806		17,383
Global Lighting Technologies, Inc.		25,000		26,978
Globe Union Industrial Corp.		80,750		45,112
Gloria Material Technology Corp.		134,684		92,744
Goldsun Building Materials Company, Ltd.		188,714		52,452
Grand Pacific Petrochemical		77,000		60,036
Great China Metal Industry		33,000		26,506
Great Wall Enterprise Company, Ltd.		73,338		84,062
Hannstar Board Corp.		36,759		31,324
HannStar Display Corp.		320,842		71,134
HannsTouch Solution, Inc. (A)		76,000		26,432
Hey Song Corp.		116,000		119,693
Ho Tung Chemical Corp.		233,399		50,535
Hocheng Corp.		44,500		11,484
Hon Hai Precision Industry Company, Ltd.		794,448		1,898,663
Hong Pu Real Estate Development Company, Ltd.		81,000		53,526
Hong YI Fiber Industry Company		67,000		44,060
Hsing TA Cement Company, Ltd.		38,000		17,650
HUA ENG Wire & Cable Company, Ltd.		117,000		35,183
Hua Nan Financial Holdings Company, Ltd.		707,842		445,814
Huaku Development Company, Ltd.		90,000		216,326
Innolux Corp.		979,561		318,459
International CSRC Investment Holdings Company		110,074		149,593
Jarllytec Company, Ltd.		23,000		53,038
Jih Sun Financial Holdings Company, Ltd.		594,083		183,532
Jinli Group Holdings, Ltd.		59,840		33,353
Johnson Health Tech Company, Ltd.		28,000		37,314
K Laser Technology, Inc.		26,214		11,367
King Yuan Electronics Company, Ltd.		275,796		235,524
King’s Town Bank Company, Ltd. (C)		224,000		232,844
King’s Town Construction Company, Ltd.		7,300		6,766
Kinpo Electronics, Inc.		183,269		67,596
Kinsus Interconnect Technology Corp.		22,000		32,296
Kwong Fong Industries Corp.		20,878		10,374
L&K Engineering Company, Ltd.		56,000		52,543
Lealea Enterprise Company, Ltd.		132,124		43,787

56

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Emerging Markets Value Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
Taiwan (continued)
Lextar Electronics Corp. (A)		42,000	$	22,395
Li Peng Enterprise Company, Ltd. (A)		206,030		51,940
Lida Holdings, Ltd.		11,000		20,923
Lingsen Precision Industries, Ltd.		139,481		43,441
Long Chen Paper Company, Ltd.		129,928		71,988
Macronix International (C)		129,000		87,822
Mega Financial Holding Company, Ltd.		1,134,472		1,033,523
Mercuries & Associates Holding, Ltd.		100,469		58,573
Mercuries Life Insurance Company, Ltd. (A)		116,998		42,964
Mitac Holdings Corp.		243,488		249,746
MPI Corp.		27,000		61,855
Nanya Technology Corp.		129,000		257,989
Nien Hsing Textile Company, Ltd.		62,310		57,385
Nishoku Technology, Inc.		7,800		13,985
OptoTech Corp.		80,517		62,242
Pacific Construction Company		38,289		14,415
Pan-International Industrial Corp.		44,481		33,929
Paragon Technologies Company, Ltd. (A)		3,904		2,417
Pegatron Corp.		239,660		415,586
Pou Chen Corp.		257,348		313,938
President Securities Corp.		308,845		139,951
Prince Housing & Development Corp.		445,555		167,819
Prodisc Technology, Inc. (A)(D)		762,000		0
Qisda Corp.		138,280		88,779
Qualipoly Chemical Corp.		44,448		41,961
Quanta Storage, Inc.		19,000		25,695
Quintain Steel Company, Ltd.		53,200		14,109
Radium Life Tech Company, Ltd. (A)		64,335		31,070
Ruentex Development Company, Ltd.		44,562		67,473
Ruentex Industries, Ltd.		33,000		86,776
Sampo Corp.		105,470		56,347
San Far Property, Ltd.		59,125		29,161
Sesoda Corp.		37,842		31,646
Shan-Loong Transportation Company, Ltd.		34,000		33,430
Sheng Yu Steel Company, Ltd.		59,000		37,529
ShenMao Technology, Inc.		8,000		5,200
Shihlin Electric & Engineering Corp.		21,000		28,630
Shin Kong Financial Holding Company, Ltd.		3,091,592		912,079
Shin Zu Shing Company, Ltd.		4,000		14,240
Shining Building Business Company, Ltd. (A)		54,573		18,621
Shinkong Insurance Company, Ltd.		34,000		43,030
Shinkong Synthetic Fibers Corp.		132,239		59,952
Sigurd Microelectronics Corp.		46,293		45,312
Sinher Technology, Inc.		8,000		13,718
Sinon Corp.		108,650		64,201
SinoPac Financial Holdings Company, Ltd.		2,140,931		792,947
Sirtec International Company, Ltd.		44,800		35,739
Siward Crystal Technology Company, Ltd.		67,213		43,465
Southeast Cement Company, Ltd.		35,000		18,690
Sunplus Technology Company, Ltd.		114,000		49,665
Sunrex Technology Corp.		38,678		23,496
Sunspring Metal Corp.		26,000		27,963
Sweeten Real Estate Development Company, Ltd.		34,973		31,192
Ta Ya Electric Wire & Cable		86,436		31,204
Taichung Commercial Bank
Company, Ltd.		772,165		285,783
Taiflex Scientific Company, Ltd.		24,100		30,190
Tainan Enterprises Company, Ltd.		17,250		11,230

Emerging Markets Value Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
Taiwan (continued)
Tainan Spinning Company, Ltd.		440,638	$	173,162
Taishin Financial Holding Company, Ltd.		681,635		310,987
Taita Chemical Company, Ltd. (A)		61,000		20,428
Taiwan Business Bank		379,366		147,856
Taiwan Cement Corp.		606,381		813,021
Taiwan Chinsan Electronic Industrial Company, Ltd.		14,000		16,828
Taiwan Cooperative Financial Holding Company, Ltd.		1,091,219		690,953
Taiwan Fertilizer Company, Ltd.		33,000		49,426
Taiwan Fire & Marine Insurance Company, Ltd.		59,000		38,496
Taiwan FU Hsing Industrial Company, Ltd.		60,000		74,518
Taiwan Glass Industry Corp.		308,319		137,757
Taiwan Hon Chuan Enterprise Company, Ltd.		76,000		121,266
Taiwan Hopax Chemicals Manufacturing Company, Ltd.		59,200		36,742
Taiwan Kolin Company, Ltd. (A)(D)		327,000		0
Taiwan PCB Techvest Company, Ltd.		49,000		58,837
Taiwan Surface Mounting Technology Corp.		33,225		54,042
Taiyen Biotech Company, Ltd.		26,137		27,115
Teco Electric & Machinery Company, Ltd.		96,000		65,482
The Ambassador Hotel		29,000		20,791
The First Insurance Company, Ltd.		78,475		36,938
Thye Ming Industrial Company, Ltd.		44,000		45,584
Ton Yi Industrial Corp.		119,000		50,604
Tong Yang Industry Company, Ltd.		30,627		39,374
Tong-Tai Machine & Tool Company, Ltd.		84,588		50,007
Topoint Technology Company, Ltd.		63,190		41,774
TPK Holding Company, Ltd.		29,000		54,899
Tsann Kuen Enterprise Company, Ltd.		7,000		4,658
Tung Ho Steel Enterprise Corp.		152,000		104,836
TXC Corp.		81,000		84,816
TYC Brother Industrial Company, Ltd.		31,511		27,356
Tycoons Group Enterprise (A)		116,371		25,474
U-Ming Marine Transport Corp.		67,000		67,571
Unimicron Technology Corp.		133,000		128,115
Union Bank of Taiwan		440,699		153,107
Unitech Printed Circuit Board Corp.		214,194		145,016
United Microelectronics Corp.		1,564,794		592,599
United Renewable Energy Company, Ltd. (A)		414,651		134,988
Universal Cement Corp.		47,483		30,364
UPC Technology Corp.		172,613		69,945
USI Corp.		208,996		81,835
Victory New Materials, Ltd., Company		58,540		34,140
Wah Lee Industrial Corp.		40,000		69,107
Walsin Lihwa Corp.		268,000		153,744
Walton Advanced Engineering, Inc.		112,584		39,526
Wan Hai Lines, Ltd.		112,050		58,378
Waterland Financial Holdings Company, Ltd.		643,700		219,471
Well Shin Technology Company, Ltd.		15,000		27,094
Winbond Electronics Corp.		1,243,793		597,477
Wintek Corp. (A)(D)		543,000		0
Wisdom Marine Lines Company, Ltd. (A)		45,274		44,337
Wistron Corp.		278,291		214,588
WPG Holdings, Ltd.		151,400		197,731
WT Microelectronics Company, Ltd.		50,174		66,244

57

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Emerging Markets Value Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
Taiwan (continued)
YC Company, Ltd.		114,342	$	51,305
YC INOX Company, Ltd.		112,800		96,180
Yea Shin International Development Company, Ltd.		20,906		13,610
YFY, Inc.		501,202		193,012
Yi Jinn Industrial Company, Ltd.		110,613		48,528
Yieh Phui Enterprise Company, Ltd. (C)		468,078		151,616
Youngtek Electronics Corp.		27,000		39,964
Yuanta Financial Holding Company, Ltd.		1,123,319		640,744
Yuen Chang Stainless Steel Company, Ltd.		19,007		16,507
Yulon Motor Company, Ltd.		125,000		78,982
Zenitron Corp.		60,000		44,732
Zhen Ding Technology Holding, Ltd.		44,000		136,875
Zig Sheng Industrial Company, Ltd.		152,908		45,295
ZongTai Real Estate Development Company, Ltd.		42,939		26,151
				35,951,484
Thailand – 2.7%
AAPICO Hitech PCL		144,720		89,033
AJ Plast PCL		43,100		10,477
AP Thailand PCL		78,570		17,473
Asia Aviation PCL, NVDR		109,300		14,133
Bangchak Corp. PCL		42,600		43,276
Bangkok Airways PCL		163,500		60,793
Bangkok Bank PCL		12,800		87,223
Bangkok Bank PCL, NVDR		1,800		11,755
Bangkok Insurance PCL		3,250		33,179
Bangkok Land PCL		1,059,200		52,436
Bangkok Ranch PCL		92,300		11,287
Banpu PCL, Foreign Quota Shares		242,500		123,991
Cal-Comp Electronics Thailand PCL		544,898		30,572
Charoen Pokphand Foods PCL, Foreign Quota Shares		291,400		234,257
Energy Earth PCL (A)(D)		117,600		5,410
Esso Thailand PCL		84,000		29,136
G J Steel PCL (A)		1,383,475		5,246
Golden Land Property Development PCL		142,200		37,442
Hana Microelectronics PCL		54,900		53,701
IRPC PCL, Foreign Quota Shares		383,400		69,441
Italian-Thai Development PCL (A)		477,400		33,135
Kang Yong Electric PCL		70		870
Kasikornbank PCL, NVDR		141,600		837,634
Khon Kaen Sugar Industry PCL		192,600		18,468
Kiatnakin Bank PCL		19,400		42,527
Krung Thai Bank PCL, Foreign Quota Shares		265,400		160,731
LH Financial Group PCL		1,203,600		56,520
LPN Development PCL		52,900		11,442
MCOT PCL (A)		42,500		13,804
Millcon Steel PCL		143,086		5,499
Polyplex Thailand PCL		104,000		51,250
Precious Shipping PCL (A)		39,300		10,056
Pruksa Holding PCL		78,800		44,703
PTT Exploration & Production PCL, Foreign Quota Shares		18,800		74,337
PTT Global Chemical PCL, Foreign Quota Shares		256,400		544,575
PTT PCL, Foreign Quota Shares		953,400		1,442,126
Regional Container Lines PCL (A)		94,200		13,541
Rojana Industrial Park PCL		95,100		15,162
Saha-Union PCL		57,800		88,787
Sansiri PCL (C)		1,026,866		42,431
SC Asset Corp. PCL		672,196		63,596
Siam Future Development PCL		139,791		33,499

Emerging Markets Value Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
Thailand (continued)
Somboon Advance Technology PCL		51,300	$	28,824
Sri Trang Agro-Industry PCL		60,900		24,609
Srithai Superware PCL		283,000		10,529
Star Petroleum Refining PCL		153,100		52,625
Super Energy Corp. PCL (A)		743,000		14,540
SVI PCL		121,000		18,251
Syntec Construction PCL		156,500		13,331
Tata Steel Thailand PCL (A)		2,324,600		54,204
Thai Airways International PCL (A)		61,300		23,769
Thai Oil PCL, Foreign Quota Shares		124,800		273,382
Thai Stanley Electric PCL		700		5,010
Thanachart Capital PCL		37,300		64,086
The Siam Commercial Bank PCL, Foreign Quota Shares		153,600		639,010
Thitikorn PCL		59,000		17,783
TMB Bank PCL, Foreign Quota Shares		583,300		37,488
TPI Polene PCL		559,900		36,386
True Corp. PCL, Foreign Quota Shares		905,400		136,016
Vanachai Group PCL		71,100		12,565
Vinythai PCL		9,700		7,560
				6,094,922
Turkey – 0.7%
Akbank T.A.S. (A)		287,261		327,084
Borusan Mannesmann Boru Sanayi ve Ticaret AS		21,523		36,964
Cimsa Cimento Sanayi ve Ticaret AS (A)		5,786		6,905
Enka Insaat ve Sanayi AS		36,566		30,172
Goldas Kuyumculuk Sanayi Ithalat ve Bagli Ortakliklari (A)(D)		54,846		2,066
Gozde Girisim Sermayesi Yatirim Ortakligi AS (A)		35,592		22,125
NET Holding AS (A)		40,130		12,402
Pegasus Hava Tasimaciligi AS (A)		4,356		21,325
Trakya Cam Sanayii AS		83,945		50,134
Turk Hava Yollari AO (A)		72,025		167,575
Turkiye Garanti Bankasi AS		319,551		480,721
Turkiye Halk Bankasi AS		56,201		64,599
Turkiye Is Bankasi AS, Class C		101,461		100,629
Turkiye Sinai Kalkinma Bankasi AS (A)		360,509		49,345
Turkiye Vakiflar Bankasi TAO, Class D		76,264		62,322
Uzel Makina Sanayii AS (A)(D)		22,930		0
Yapi ve Kredi Bankasi AS (A)		254,969		97,858
				1,532,226
Ukraine – 0.1%
Kernel Holding SA		10,677		136,947
TOTAL COMMON STOCKS (Cost $226,607,860)			$	220,119,478
PREFERRED SECURITIES – 2.4%
Brazil – 2.2%
Banco ABC Brasil SA		9,474		46,095
Banco do Estado do Rio Grande do Sul SA, B Shares		30,800		190,290
Banco Pan SA		23,500		19,567
Cia Ferro Ligas da Bahia		5,956		33,025
Eucatex SA Industria e Comercio		4,200		4,248
Gerdau SA		127,676		493,702
Marcopolo SA		17,700		17,631
Petroleo Brasileiro SA		555,107		3,978,266
Usinas Siderurgicas de Minas Gerais SA, A Shares		76,010		194,910
				4,977,734
Colombia – 0.2%
Grupo Argos SA		23,975		111,301

58

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Emerging Markets Value Trust (continued)
	Shares or
	Principal
	Amount		Value
PREFERRED SECURITIES (continued)
Colombia (continued)
Grupo de Inversiones Suramericana SA		27,380	$	295,440
				406,741
Panama – 0.0%
Avianca Holdings SA		41,390		21,746
South Korea – 0.0%
CJ Corp. (A)(D)		285		9,197
TOTAL PREFERRED SECURITIES (Cost $4,511,364)			$	5,415,418
RIGHTS – 0.0%
Doosan Heavy Industries & Construction Company, Ltd. (Expiration Date: 5-10-19; Strike Price: KRW 5,550.00) (A)		5,116		5,138
Tata Steel, Ltd. (Expiration Date: 12-31-49; Strike Price: INR 461.00) (A)		10,280		9,527
Vodafone Idea, Ltd. (Expiration Date: 4-25-19; Strike Price: INR 12.50) (A)		559,129		46,409
TOTAL RIGHTS (Cost $179,525)			$	61,074
WARRANTS – 0.0%
Medco Energi Internasional Tbk PT (Expiration Date: 12-14-20; Strike Price: IDR 625.00) (A)		983,733		19,619
TOTAL WARRANTS (Cost $0)			$	19,619
SECURITIES LENDING COLLATERAL – 3.0%
John Hancock Collateral Trust, 2.6031% (E)(F)		681,380		6,818,497
TOTAL SECURITIES LENDING COLLATERAL (Cost $6,818,565)			$	6,818,497
Total Investments (Emerging Markets Value Trust) (Cost $238,117,314) – 101.6%			$	232,434,086
Other assets and liabilities, net – (1.6%)				(3,651,939	)
TOTAL NET ASSETS – 100.0%			$	228,782,147

Emerging Markets Value Trust (continued)

Currency Abbreviations
IDR	Indonesian Rupiah
INR	Indian Rupee
KRW	Korean Won
Security Abbreviations and Legend
ADR	American Depositary Receipt
GDR	Global Depositary Receipt
NVDR	Non-Voting 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 3-31-19. The value of securities on loan amounted to $6,864,945.
(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 3-31-19.
(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.

DERIVATIVES

FUTURES

Open contracts	Number of contracts		Position		Expiration date		Notional basis^		Notional value^		Unrealized appreciation (depreciation)
Mini MSCI Emerging Markets Index Futures		28		Long		Jun 2019	$	1,480,726	$	1,481,060	$	334
											$	334

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

See Notes to Portfolio of Investments regarding investment transactions and other derivatives information.

Equity Income Trust
	Shares or
	Principal
	Amount		Value
COMMON STOCKS – 94.2%
Communication services – 6.2%
Diversified telecommunication services – 3.3%
AT&T, Inc.		259,712	$	8,144,568
CenturyLink, Inc.		165,252		1,981,371
Telefonica SA		996,842		8,350,424
Verizon Communications, Inc.		556,619		32,912,881
				51,389,244

Equity Income Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
Entertainment – 0.4%
The Walt Disney Company		48,966	$	5,436,695
Media – 2.5%
Comcast Corp., Class A		445,861		17,825,523
Fox Corp., Class B (A)		291,666		10,464,976
News Corp., Class A		890,372		11,076,228
				39,366,727
				96,192,666

59

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Equity Income Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
Consumer discretionary – 2.4%
Auto components – 0.1%
Adient PLC		105,693	$	1,369,781
Hotels, restaurants and leisure – 1.0%
Las Vegas Sands Corp.		252,671		15,402,824
Leisure products – 0.4%
Mattel, Inc. (A)(B)		570,198		7,412,574
Multiline retail – 0.5%
Kohl’s Corp.		112,400		7,729,748
Specialty retail – 0.4%
L Brands, Inc.		219,993		6,067,407
				37,982,334
Consumer staples – 7.8%
Beverages – 0.4%
PepsiCo, Inc.		58,353		7,151,160
Food and staples retailing – 1.0%
Walmart, Inc.		156,706		15,283,536
Food products – 3.2%
Archer-Daniels-Midland Company		51,236		2,209,809
Bunge, Ltd.		94,000		4,988,580
Conagra Brands, Inc.		587,658		16,301,633
Kellogg Company		49,679		2,850,581
Tyson Foods, Inc., Class A		339,028		23,538,714
				49,889,317
Household products – 1.6%
Kimberly-Clark Corp.		202,811		25,128,283
Personal products – 0.2%
Coty, Inc., Class A		237,648		2,732,952
Tobacco – 1.4%
Philip Morris International, Inc.		240,881		21,291,472
				121,476,720
Energy – 9.9%
Oil, gas and consumable fuels – 9.9%
Chevron Corp.		120,522		14,845,900
EQT Corp.		36,470		756,388
Equitrans Midstream Corp.		108,576		2,364,785
Exxon Mobil Corp.		482,619		38,995,615
Hess Corp.		236,923		14,269,872
Occidental Petroleum Corp.		251,665		16,660,223
Pioneer Natural Resources Company		63,200		9,624,096
TOTAL SA		571,825		31,821,652
TransCanada Corp.		559,217		25,131,212
				154,469,743
Financials – 22.5%
Banks – 10.9%
Bank of America Corp.		32,272		890,384
Citigroup, Inc.		186,326		11,593,204
Fifth Third Bancorp		763,959		19,267,046
JPMorgan Chase & Co.		470,156		47,593,892
KeyCorp		180,588		2,844,261
The PNC Financial Services Group, Inc.		126,600		15,528,756
U.S. Bancorp		425,490		20,504,363
Wells Fargo & Company		1,071,789		51,788,844
				170,010,750
Capital markets – 4.7%
Ameriprise Financial, Inc.		22,200		2,843,820
Franklin Resources, Inc.		417,600		13,839,264
Morgan Stanley		605,655		25,558,641
Northern Trust Corp.		49,972		4,517,969
State Street Corp.		302,938		19,936,350

Equity Income Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
Capital markets (continued)
The Bank of New York Mellon Corp.		119,024	$	6,002,380
				72,698,424
Diversified financial services – 0.1%
AXA Equitable Holdings, Inc.		56,933		1,146,631
Insurance – 6.8%
American International Group, Inc.		488,177		21,020,902
Brighthouse Financial, Inc. (A)		199,919		7,255,061
Chubb, Ltd.		189,344		26,523,308
Loews Corp.		350,740		16,810,968
Marsh & McLennan Companies, Inc.		63,000		5,915,700
MetLife, Inc.		454,561		19,350,662
Willis Towers Watson PLC		52,189		9,166,998
				106,043,599
				349,899,404
Health care – 12.7%
Biotechnology – 1.2%
Gilead Sciences, Inc.		280,716		18,249,347
Health care equipment and supplies – 1.8%
Becton, Dickinson and Company		21,570		5,386,676
Medtronic PLC		225,339		20,523,876
Zimmer Biomet Holdings, Inc.		20,200		2,579,540
				28,490,092
Health care providers and services – 2.7%
Anthem, Inc.		91,587		26,283,637
CVS Health Corp.		293,630		15,835,466
				42,119,103
Pharmaceuticals – 7.0%
Allergan PLC		21,200		3,103,892
Bristol-Myers Squibb Company		164,225		7,835,175
GlaxoSmithKline PLC		518,930		10,781,177
GlaxoSmithKline PLC, ADR		89,200		3,727,668
Johnson & Johnson		227,900		31,858,141
Merck & Company, Inc.		231,450		19,249,697
Pfizer, Inc.		742,635		31,539,708
				108,095,458
				196,954,000
Industrials – 11.6%
Aerospace and defense – 3.6%
Harris Corp.		158,429		25,302,696
Northrop Grumman Corp.		3,200		862,720
The Boeing Company		79,968		30,501,395
				56,666,811
Air freight and logistics – 1.3%
United Parcel Service, Inc., Class B		187,330		20,932,254
Airlines – 1.4%
Alaska Air Group, Inc.		175,027		9,822,515
Delta Air Lines, Inc.		136,941		7,073,003
Southwest Airlines Company		86,020		4,465,298
				21,360,816
Building products – 1.5%
Johnson Controls International PLC		619,678		22,890,905
Commercial services and supplies – 0.6%
Stericycle, Inc. (A)		174,758		9,510,330
Electrical equipment – 0.8%
Emerson Electric Company		135,100		9,250,297
nVent Electric PLC		121,300		3,272,674
				12,522,971
Industrial conglomerates – 0.8%
General Electric Company		1,215,800		12,145,842

60

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Equity Income Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
Machinery – 0.7%
Flowserve Corp.		16,354	$	738,220
Illinois Tool Works, Inc.		17,052		2,447,474
PACCAR, Inc.		66,600		4,538,124
Pentair PLC		60,000		2,670,600
Wabtec Corp. (B)		5,988		441,435
				10,835,853
Professional services – 0.9%
Nielsen Holdings PLC		568,712		13,461,413
				180,327,195
Information technology – 7.7%
Communications equipment – 1.8%
Cisco Systems, Inc.		534,067		28,834,277
Electronic equipment, instruments and components – 0.2%
TE Connectivity, Ltd.		30,911		2,496,063
Semiconductors and semiconductor equipment – 3.3%
Applied Materials, Inc.		209,100		8,292,906
NXP Semiconductors NV		34,900		3,084,810
QUALCOMM, Inc.		492,721		28,099,879
Texas Instruments, Inc.		111,528		11,829,775
				51,307,370
Software – 2.0%
Microsoft Corp.		270,540		31,907,488
Technology hardware, storage and peripherals – 0.4%
Hewlett Packard Enterprise Company		175,600		2,709,508
Western Digital Corp.		61,300		2,946,078
				5,655,586
				120,200,784
Materials – 4.6%
Chemicals – 3.1%
Akzo Nobel NV		27,783		2,468,057
CF Industries Holdings, Inc.		312,400		12,770,912
DowDuPont, Inc.		578,736		30,852,416
PPG Industries, Inc.		15,700		1,772,059
				47,863,444
Construction materials – 0.3%
Vulcan Materials Company		40,400		4,783,360
Containers and packaging – 1.0%
International Paper Company		315,286		14,588,283
Metals and mining – 0.2%
Nucor Corp.		61,600		3,594,360
				70,829,447
Real estate – 3.0%
Equity real estate investment trusts – 3.0%
Equity Residential		198,300		14,935,956
Rayonier, Inc.		303,383		9,562,632
SL Green Realty Corp.		99,773		8,971,588
Weyerhaeuser Company		531,400		13,997,076
				47,467,252
Utilities – 5.8%
Electric utilities – 3.9%
Duke Energy Corp.		85,711		7,713,990
Edison International		172,237		10,664,915
Evergy, Inc.		120,363		6,987,072
PG&E Corp. (A)		68,000		1,210,400
The Southern Company		661,475		34,185,028
				60,761,405
Multi-utilities – 1.9%
NiSource, Inc.		820,300		23,509,798

Equity Income Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
Multi-utilities (continued)
Sempra Energy		51,252	$	6,450,577
				29,960,375
				90,721,780
TOTAL COMMON STOCKS (Cost $1,248,127,060)			$	1,466,521,325
PREFERRED SECURITIES – 2.5%
Health care – 0.8%
Health care equipment and supplies – 0.8%
Becton, Dickinson and Company, 6.125%		209,092		12,923,977
Utilities – 1.7%
Electric utilities – 0.9%
NextEra Energy, Inc., 6.123%		219,651		13,587,611
Multi-utilities – 0.8%
DTE Energy Company, 6.500%		34,584		1,914,224
Sempra Energy, 6.000%		74,197		7,842,623
Sempra Energy, 6.750%		23,662		2,511,958
				12,268,805
				25,856,416
TOTAL PREFERRED SECURITIES (Cost $32,706,419)			$	38,780,393
CORPORATE BONDS – 0.5%
Consumer discretionary – 0.3%
Mattel, Inc. 6.750%, 12/31/2025 (C)	$	5,444,000		5,355,535
Utilities – 0.2%
Pacific Gas & Electric Company
3.950%, 12/01/2047 (D)		1,411,000		1,132,328
4.000%, 12/01/2046 (D)		1,585,000		1,277,906
				2,410,234
TOTAL CORPORATE BONDS (Cost $7,657,673)			$	7,765,769
CONVERTIBLE BONDS – 0.2%
Financials – 0.2%
AXA SA 7.250%, 05/15/2021 (C)		3,124,000		3,134,122
TOTAL CONVERTIBLE BONDS (Cost $3,124,000)			$	3,134,122
SECURITIES LENDING COLLATERAL – 0.4%
John Hancock Collateral Trust, 2.6031% (E)(F)		581,975		5,823,710
TOTAL SECURITIES LENDING COLLATERAL (Cost $5,823,759)			$	5,823,710
SHORT-TERM INVESTMENTS – 2.3%
Money market funds – 2.3%
State Street Institutional U.S. Government Money Market Fund, Premier Class, 2.3851% (E)		3,000,000		3,000,000
T. Rowe Price Government Reserve Fund, 2.4853% (E)		33,277,395		33,277,395
				36,277,395
TOTAL SHORT-TERM INVESTMENTS (Cost $36,277,395)			$	36,277,395
Total Investments (Equity Income Trust) (Cost $1,333,716,306) – 100.1%			$	1,558,302,714
Other assets and liabilities, net – (0.1%)				(1,835,306	)
TOTAL NET ASSETS – 100.0%			$	1,556,467,408

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

61

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Equity Income Trust (continued)
(B)	All or a portion of this security is on loan as of 3-31-19. The value of securities on loan amounted to $5,663,426.
(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)	Non-income producing - Issuer is in default.
(E)	The rate shown is the annualized seven-day yield as of 3-31-19.
(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.

Financial Industries Trust
	Shares or
	Principal
	Amount		Value
COMMON STOCKS – 97.3%
Consumer discretionary – 0.7%
Hotels, restaurants and leisure – 0.7%
Marriott International, Inc., Class A		9,112	$	1,139,820
Financials – 89.2%
Banks – 53.6%
1st Source Corp.		22,171		995,700
American Business Bank (A)		23,510		825,201
Ameris Bancorp		48,498		1,665,906
Bank of America Corp.		192,771		5,318,552
Bank of Marin Bancorp		26,367		1,072,873
Bankinter SA		276,363		2,106,363
Baycom Corp. (A)		20,551		465,275
BOK Financial Corp.		25,202		2,055,223
Business First Bancshares, Inc.		10,451		256,468
Cadence Bancorp		41,581		771,328
California Bancorp, Inc. (A)		5,116		97,268
California Bancorp, Inc. (A)		5,477		106,802
Cambridge Bancorp		2,835		234,880
Chemical Financial Corp.		39,253		1,615,653
Citigroup, Inc.		55,311		3,441,450
Citizens Financial Group, Inc.		133,035		4,323,638
Coastal Financial Corp. (A)		22,399		380,559
Columbia Banking System, Inc.		60,620		1,981,668
Comerica, Inc.		56,775		4,162,743
DNB ASA		93,297		1,718,511
Equity Bancshares, Inc., Class A (A)		23,125		666,000
Evans Bancorp, Inc.		17,945		639,739
First Business Financial Services, Inc.		32,165		643,943
First Horizon National Corp.		100,690		1,407,646
First Merchants Corp.		47,935		1,766,405
Flushing Financial Corp.		47,332		1,037,991
German American Bancorp, Inc.		2,868		84,319
Glacier Bancorp, Inc.		26,484		1,061,214
Heritage Commerce Corp.		55,091		666,601
Heritage Financial Corp.		25,423		766,249
JPMorgan Chase & Co.		52,486		5,313,158
KeyCorp		177,534		2,796,161
Level One Bancorp, Inc.		18,158		422,355
M&T Bank Corp.		19,104		2,999,710
Nicolet Bankshares, Inc. (A)		9,402		560,359
Nordea Bank ABP		154,772		1,178,567
Pacific Premier Bancorp, Inc.		18,599		493,431
PacWest Bancorp		54,662		2,055,838
Pinnacle Financial Partners, Inc.		31,747		1,736,561
Regions Financial Corp.		256,206		3,625,315
Southern First Bancshares, Inc. (A)		12,260		415,246
Stock Yards Bancorp, Inc.		7,435		251,377
SunTrust Banks, Inc.		70,873		4,199,225
SVB Financial Group (A)		18,086		4,021,603
The First Bancshares, Inc.		15,779		487,571
TriCo Bancshares		49,260		1,935,425
U.S. Bancorp		98,426		4,743,149

Financial Industries Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
Banks (continued)
Unicaja Banco SA (B)		801,005	$	861,540
Union Bankshares Corp.		64,018		2,069,702
Western Alliance Bancorp (A)		34,705		1,424,293
Zions Bancorp NA		92,558		4,203,059
				88,129,813
Capital markets – 7.8%
Ares Management Corp., Class A		127,339		2,955,538
Close Brothers Group PLC		92,057		1,745,459
E*TRADE Financial Corp.		51,218		2,378,052
KKR & Company, Inc., Class A		123,280		2,895,847
The Blackstone Group LP		81,461		2,848,691
				12,823,587
Consumer finance – 4.2%
American Express Company		40,427		4,418,671
Discover Financial Services		34,786		2,475,372
				6,894,043
Diversified financial services – 5.4%
Berkshire Hathaway, Inc., Class B (A)		23,982		4,817,744
Eurazeo SE		18,981		1,427,249
Voya Financial, Inc.		52,746		2,635,190
				8,880,183
Insurance – 16.6%
Aon PLC		28,416		4,850,611
Arthur J. Gallagher & Company		37,274		2,911,099
Assured Guaranty, Ltd.		84,801		3,767,708
Chubb, Ltd.		20,416		2,859,872
Gjensidige Forsikring ASA		20,980		362,648
Kinsale Capital Group, Inc.		43,432		2,978,132
Lincoln National Corp.		69,934		4,105,126
The Hanover Insurance Group, Inc.		23,738		2,710,167
Willis Towers Watson PLC		15,883		2,789,849
				27,335,212
Thrifts and mortgage finance – 1.6%
OP Bancorp		32,730		286,388
Provident Financial Services, Inc.		49,761		1,288,312
United Community Financial Corp.		112,842		1,055,073
				2,629,773
				146,692,611
Information technology – 3.4%
IT services – 3.4%
EVERTEC, Inc.		27,591		767,306
Visa, Inc., Class A		15,296		2,389,082
WEX, Inc. (A)		12,845		2,466,112
				5,622,500
Real estate – 4.0%
Equity real estate investment trusts – 3.4%
Nippon Prologis REIT, Inc.		605		1,288,076
Park Hotels & Resorts, Inc.		28,825		895,881
Prologis, Inc.		36,740		2,643,443
Rexford Industrial Realty, Inc.		24,367		872,582
				5,699,982
Real estate management and development – 0.6%
VGP NV		12,501		984,220
				6,684,202
TOTAL COMMON STOCKS (Cost $149,461,197)			$	160,139,133
CONVERTIBLE BONDS – 0.6%
Financials – 0.6%
AXA SA 7.250%, 05/15/2021 (B)	$	940,000		943,046
TOTAL CONVERTIBLE BONDS (Cost $940,000)			$	943,046

62

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Financial Industries Trust (continued)
	Shares or
	Principal
	Amount		Value
SHORT-TERM INVESTMENTS – 1.8%
U.S. Government Agency – 1.8%
Federal Home Loan Bank Discount Note 2.250%, 04/01/2019 *	$	2,928,000	$	2,928,000
TOTAL SHORT-TERM INVESTMENTS (Cost $2,927,455)			$	2,928,000
Total Investments (Financial Industries Trust) (Cost $153,328,652) – 99.7%			$	164,010,179
Other assets and liabilities, net – 0.3%				511,773
TOTAL NET ASSETS – 100.0%			$	164,521,952

Financial Industries Trust (continued)
Security Abbreviations and Legend
(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.
*	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

FORWARD FOREIGN CURRENCY CONTRACTS

Contract to buy		Contract to sell		Counterparty (OTC)	Contractual settlement date	Unrealized appreciation		Unrealized depreciation
EUR	110,000	USD	124,351	Citibank N.A.	6/19/2019		—	($	145	)
GBP	50,000	USD	65,804	State Street Bank and Trust Company	6/19/2019		—		(429	)
SEK	2,800,000	USD	303,231	Morgan Stanley Capital Services, Inc.	6/19/2019		—		(306	)
SEK	310,000	USD	33,680	State Street Bank and Trust Company	6/19/2019		—		(142	)
USD	5,587,925	EUR	4,890,000	JPMorgan Chase Bank N.A.	6/19/2019	$	66,414		—
USD	1,835,039	GBP	1,390,000	JPMorgan Chase Bank N.A.	6/19/2019		17,610		—
USD	1,297,103	JPY	144,100,000	Toronto Dominion Bank	6/19/2019		—		(10,989	)
USD	2,143,365	NOK	18,510,000	Citibank N.A.	6/19/2019		—		(9,172	)
USD	1,665,557	SEK	15,410,000	Morgan Stanley Capital Services, Inc.	6/19/2019		—		(1,612	)
						$	84,024	($	22,795	)

Derivatives Currency Abbreviations
EUR	Euro
GBP	Pound Sterling
JPY	Japanese Yen
NOK	Norwegian Krone
SEK	Swedish Krona
USD	U.S. Dollar
Derivatives Abbreviations
OTC	Over-the-counter

See Notes to Portfolio of Investments regarding investment transactions and other derivatives information.

Fundamental All Cap Core Trust
	Shares or
	Principal
	Amount		Value
COMMON STOCKS – 97.3%
Communication services – 18.5%
Entertainment – 2.7%
Liberty Media Corp.-Liberty Formula One, Series C (A)		1,344,088	$	47,110,284
Interactive media and services – 15.8%
Alphabet, Inc., Class A (A)		68,957		81,154,804
Cargurus, Inc. (A)		1,232,016		49,354,561
Facebook, Inc., Class A (A)		537,578		89,608,877
Twitter, Inc. (A)		1,639,860		53,918,597
				274,036,839
				321,147,123
Consumer discretionary – 23.9%
Household durables – 9.2%
Lennar Corp., A Shares		1,845,133		90,577,579
NVR, Inc. (A)		8,293		22,946,731
Tempur Sealy International, Inc. (A)		801,985		46,250,475
				159,774,785

Fundamental All Cap Core Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
Internet and direct marketing retail – 8.4%
Amazon.com, Inc. (A)		82,173	$	146,329,569
Leisure products – 4.3%
Polaris Industries, Inc.		878,178		74,144,569
Specialty retail – 1.2%
Group 1 Automotive, Inc.		314,313		20,336,051
Textiles, apparel and luxury goods – 0.8%
Salvatore Ferragamo SpA		638,748		13,710,439
				414,295,413
Consumer staples – 5.0%
Beverages – 4.5%
Anheuser-Busch InBev SA, ADR		670,097		56,268,045
Diageo PLC, ADR		130,327		21,322,800
				77,590,845
Food products – 0.5%
The Hain Celestial Group, Inc. (A)		417,822		9,660,045
				87,250,890

63

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Fundamental All Cap Core Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
Energy – 7.1%
Energy equipment and services – 3.2%
Baker Hughes, a GE Company		1,090,204	$	30,220,455
National Oilwell Varco, Inc.		476,899		12,704,589
Schlumberger, Ltd.		317,426		13,830,251
				56,755,295
Oil, gas and consumable fuels – 3.9%
Cheniere Energy, Inc. (A)		583,115		39,861,741
Kinder Morgan, Inc.		520,938		10,423,969
Suncor Energy, Inc.		528,059		17,124,953
				67,410,663
				124,165,958
Financials – 15.7%
Banks – 9.1%
Bank of America Corp.		2,676,251		73,837,765
Citigroup, Inc.		1,212,717		75,455,252
First Hawaiian, Inc.		347,136		9,042,893
				158,335,910
Capital markets – 4.9%
Morgan Stanley		1,254,677		52,947,369
The Goldman Sachs Group, Inc.		167,896		32,234,353
				85,181,722
Consumer finance – 1.7%
American Express Company		128,909		14,089,754
Synchrony Financial		460,640		14,694,416
				28,784,170
				272,301,802
Health care – 7.1%
Biotechnology – 3.7%
Alnylam Pharmaceuticals, Inc. (A)		102,688		9,596,194
Amgen, Inc.		264,024		50,159,280
Moderna, Inc. (A)		247,989		5,046,576
				64,802,050
Health care equipment and supplies – 1.4%
Hologic, Inc. (A)		483,657		23,408,999
Health care providers and services – 0.9%
Anthem, Inc.		55,877		16,035,581
Pharmaceuticals – 1.1%
Allergan PLC		134,077		19,630,214
				123,876,844
Industrials – 8.0%
Electrical equipment – 1.8%
Regal Beloit Corp.		184,833		15,132,278
Sensata Technologies Holding PLC (A)		359,058		16,164,791
				31,297,069
Industrial conglomerates – 2.5%
General Electric Company		4,323,058		43,187,349
Machinery – 0.6%
The Manitowoc Company, Inc. (A)		524,665		8,609,753
Wabtec Corp.		23,219		1,711,705
				10,321,458
Professional services – 2.2%
IHS Markit, Ltd. (A)		713,564		38,803,610
Trading companies and distributors – 0.9%
United Rentals, Inc. (A)		142,238		16,250,692
				139,860,178
Information technology – 8.9%
Semiconductors and semiconductor equipment – 1.5%
Analog Devices, Inc.		100,156		10,543,422

Fundamental All Cap Core Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
Semiconductors and semiconductor equipment (continued)
NVIDIA Corp.		90,800	$	16,304,048
				26,847,470
Software – 2.0%
Workday, Inc., Class A (A)		176,492		34,036,482
Technology hardware, storage and peripherals – 5.4%
Apple, Inc.		400,604		76,094,730
Samsung Electronics Company, Ltd.		430,133		16,965,706
				93,060,436
				153,944,388
Real estate – 3.1%
Equity real estate investment trusts – 2.6%
American Tower Corp.		229,085		45,143,490
Real estate management and development – 0.5%
Five Point Holdings LLC, Class A (A)		1,126,022		8,118,619
				53,262,109
TOTAL COMMON STOCKS (Cost $1,357,388,933)			$	1,690,104,705
SHORT-TERM INVESTMENTS – 2.7%
U.S. Government Agency – 2.6%
Federal Home Loan Bank Discount Note 2.250%, 04/01/2019 *	$	45,781,000		45,781,000
Repurchase agreement – 0.1%
Barclays Tri-Party Repurchase Agreement dated 3-29-19 at 2.550% to be repurchased at $1,044,222 on 4-1-19, collateralized by $905,700 U.S. Treasury Inflation Indexed Notes, 1.375% due 1-15-20 (valued at $1,065,190, including interest)		1,044,000		1,044,000
TOTAL SHORT-TERM INVESTMENTS (Cost $46,816,471)			$	46,825,000
Total Investments (Fundamental All Cap Core Trust) (Cost $1,404,205,404) – 100.0%			$	1,736,929,705
Other assets and liabilities, net – (0.0%)				(223,798	)
TOTAL NET ASSETS – 100.0%			$	1,736,705,907

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

Fundamental Large Cap Value Trust
	Shares or
	Principal
	Amount		Value
COMMON STOCKS – 99.5%
Communication services – 5.7%
Entertainment – 1.4%
The Walt Disney Company		86,222	$	9,573,229
Interactive media and services – 2.2%
Alphabet, Inc., Class A (A)		12,145		14,293,329
Media – 2.1%
Comcast Corp., Class A		262,097		10,478,638
Fox Corp., Class A (A)		86,355		3,170,092
				13,648,730
				37,515,288
Consumer discretionary – 9.7%
Household durables – 4.9%
Lennar Corp., A Shares		533,295		26,179,452

64

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Fundamental Large Cap Value Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
Household durables (continued)
Tempur Sealy International, Inc. (A)		113,244	$	6,530,781
				32,710,233
Internet and direct marketing retail – 2.5%
eBay, Inc.		447,495		16,619,964
Specialty retail – 2.3%
AutoZone, Inc. (A)		7,245		7,419,749
Group 1 Automotive, Inc.		120,004		7,764,259
				15,184,008
				64,514,205
Consumer staples – 8.1%
Beverages – 6.3%
Anheuser-Busch InBev SA, ADR		129,186		10,847,748
Heineken Holding NV		190,099		19,074,227
PepsiCo, Inc.		93,334		11,438,082
				41,360,057
Food products – 1.8%
Danone SA		157,476		12,125,800
				53,485,857
Energy – 10.4%
Energy equipment and services – 2.5%
Baker Hughes, a GE Company		388,446		10,767,723
National Oilwell Varco, Inc.		210,067		5,596,185
				16,363,908
Oil, gas and consumable fuels – 7.9%
Chevron Corp.		131,604		16,210,981
Exxon Mobil Corp.		102,978		8,320,622
Kinder Morgan, Inc.		973,607		19,481,876
Suncor Energy, Inc.		267,595		8,678,106
				52,691,585
				69,055,493
Financials – 24.1%
Banks – 13.9%
Bank of America Corp.		1,039,526		28,680,522
CIT Group, Inc.		143,360		6,876,979
Citigroup, Inc.		467,699		29,100,232
JPMorgan Chase & Co.		207,659		21,021,321
Wells Fargo & Company		135,275		6,536,488
				92,215,542
Capital markets – 5.4%
Morgan Stanley		450,460		19,009,412
The Goldman Sachs Group, Inc.		87,402		16,780,310
				35,789,722
Consumer finance – 4.8%
American Express Company		217,067		23,725,423
Synchrony Financial		250,845		8,001,956
				31,727,379
				159,732,643
Health care – 15.3%
Biotechnology – 3.3%
Amgen, Inc.		20,984		3,986,540
Biogen, Inc. (A)		41,453		9,798,660
Gilead Sciences, Inc.		124,039		8,063,775
				21,848,975
Health care equipment and supplies – 7.4%
Danaher Corp.		229,431		30,289,481
Hologic, Inc. (A)		161,733		7,827,877
Zimmer Biomet Holdings, Inc.		85,443		10,911,071
				49,028,429

Fundamental Large Cap Value Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
Pharmaceuticals – 4.6%
Allergan PLC		108,472	$	15,881,386
Merck & Company, Inc.		177,523		14,764,588
				30,645,974
				101,523,378
Industrials – 11.5%
Aerospace and defense – 4.2%
L3 Technologies, Inc.		41,581		8,581,071
United Technologies Corp.		152,169		19,613,062
				28,194,133
Industrial conglomerates – 1.7%
General Electric Company		1,117,709		11,165,913
Machinery – 2.1%
Parker-Hannifin Corp.		63,447		10,888,774
The Manitowoc Company, Inc. (A)		145,100		2,381,091
Wabtec Corp.		6,003		442,541
				13,712,406
Road and rail – 2.6%
Union Pacific Corp.		102,261		17,098,039
Trading companies and distributors – 0.9%
United Rentals, Inc. (A)		53,097		6,066,332
				76,236,823
Information technology – 12.9%
Communications equipment – 1.7%
Cisco Systems, Inc.		213,406		11,521,790
Semiconductors and semiconductor equipment – 0.6%
Analog Devices, Inc.		37,990		3,999,207
Software – 6.0%
Microsoft Corp.		223,346		26,341,427
Oracle Corp.		253,787		13,630,900
				39,972,327
Technology hardware, storage and peripherals – 4.6%
Apple, Inc.		125,488		23,836,446
Samsung Electronics Company, Ltd.		167,959		6,598,054
				30,434,500
				85,927,824
Materials – 1.8%
Chemicals – 1.8%
LyondellBasell Industries NV, Class A		144,732		12,169,067
TOTAL COMMON STOCKS (Cost $561,598,051)			$	660,160,578
SHORT-TERM INVESTMENTS – 1.0%
U.S. Government Agency – 1.0%
Federal Home Loan Bank Discount Note 2.250%, 04/01/2019 *	$	6,191,000		6,191,000
Repurchase agreement – 0.0%
Barclays Tri-Party Repurchase Agreement dated 3-29-19 at 2.550% to be repurchased at $141,030 on 4-1-19, collateralized by $122,400 U.S. Treasury Inflation Indexed Notes, 1.375% due 1-15-20 (valued at $143,954, including interest)		141,000		141,000
TOTAL SHORT-TERM INVESTMENTS (Cost $6,332,000)			$	6,332,000
Total Investments (Fundamental Large Cap Value Trust) (Cost $567,930,051) – 100.5%			$	666,492,578
Other assets and liabilities, net – (0.5%)				(3,150,483	)
TOTAL NET ASSETS – 100.0%			$	663,342,095

Security Abbreviations and Legend
ADR	American Depositary Receipt

65

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Fundamental Large Cap Value Trust (continued)
(A)	Non-income producing security.
*	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.

Global Bond Trust
	Shares or
	Principal
	Amount		Value
U.S. GOVERNMENT AND AGENCY OBLIGATIONS – 35.7%
U.S. Government – 9.9%
U.S. Treasury Bonds
2.875%, 05/15/2043	$	500,000	$	508,730
3.000%, 05/15/2045		700,000		727,781
3.125%, 02/15/2043 (A)		400,000		424,672
3.625%, 08/15/2043		600,000		690,867
4.625%, 02/15/2040		600,000		789,188
U.S. Treasury Inflation Protected Securities
0.125%, 04/15/2022 to 07/15/2024 (A)		3,682,504		3,640,003
0.500%, 01/15/2028		3,367,320		3,361,284
0.625%, 01/15/2026		105,928		107,166
1.000%, 02/15/2048		510,340		521,957
1.375%, 02/15/2044		755,979		836,382
2.500%, 01/15/2029		1,582,632		1,876,537
3.875%, 04/15/2029		765,530		1,011,700
U.S. Treasury Notes
2.625%, 06/15/2021 (A)		300,000		302,414
2.875%, 04/30/2025 (A)		5,400,000		5,578,875
				20,377,556
U.S. Government Agency – 25.8%
Federal Home Loan Mortgage Corp.
3.000%, TBA (B)		1,000,000		995,729
4.000%, TBA (B)		1,400,000		1,439,794
Federal National Mortgage Association
3.500%, TBA (B)		29,400,000		29,774,547
4.000%, TBA (B)		19,200,000		19,729,997
4.284%, (12 month LIBOR + 1.417%), 12/01/2034 (C)		43,507		45,035
4.303%, (12 month LIBOR + 1.678%), 05/01/2035 (C)		29,556		30,874
4.500%, 08/01/2023 to 09/01/2044		423,379		442,918
4.722%, (1 Year CMT + 2.360%), 11/01/2034 (C)		313,300		326,754
Government National Mortgage Association
3.375%, (1 Year CMT + 1.500%), 02/20/2024 to 01/20/2030 (C)		17,123		17,439
3.625%, (1 Year CMT + 1.500%), 04/20/2030 to 06/20/2030 (C)		16,125		16,541
4.125%, (1 Year CMT + 1.500%), 11/20/2023 to 10/20/2026 (C)		21,500		21,844
				52,841,472
TOTAL U.S. GOVERNMENT AND AGENCY OBLIGATIONS (Cost $73,394,914)			$	73,219,028
FOREIGN GOVERNMENT OBLIGATIONS – 23.5%
Australia – 0.2%
New South Wales Treasury Corp., Inflation-Linked Bond 2.750%, 11/20/2025	AUD	300,000		317,316
Canada – 2.4%
Government of Canada 1.500%, 12/01/2044	CAD	231,130		215,170
Province of Alberta 2.350%, 06/01/2025		1,300,000		981,934
Province of British Columbia 2.300%, 06/18/2026		1,400,000		1,056,241

Global Bond Trust (continued)
	Shares or
	Principal
	Amount		Value
FOREIGN GOVERNMENT OBLIGATIONS (continued)
Canada (continued)
Province of Ontario 2.500%, 04/27/2026	$	300,000	$	296,108
Province of Quebec
3.000%, 09/01/2023	CAD	1,700,000		1,327,281
4.250%, 12/01/2021		1,300,000		1,035,243
				4,911,977
France – 1.8%
Government of France
2.000%, 05/25/2048 (D)	EUR	2,000,000		2,628,391
3.250%, 05/25/2045		700,000		1,149,580
				3,777,971
Israel – 0.3%
Government of Israel
3.250%, 01/17/2028	$	200,000		202,237
4.125%, 01/17/2048		300,000		310,157
				512,394
Italy – 3.0%
Republic of Italy
2.450%, 10/01/2023	EUR	4,250,000		4,966,570
2.950%, 09/01/2038 (D)		500,000		539,011
6.000%, 08/04/2028	GBP	400,000		606,120
				6,111,701
Japan – 6.5%
Government of Japan
0.500%, 09/20/2046	JPY	194,000,000		1,760,887
0.700%, 12/20/2048		267,000,000		2,532,732
0.800%, 03/20/2058		134,000,000		1,302,182
1.600%, 03/20/2033		310,000,000		3,380,178
Government of Japan, CPI Linked Bond 0.100%, 03/10/2028		170,953,700		1,608,041
Japan Bank for International Cooperation
2.375%, 07/21/2022	$	400,000		397,699
2.500%, 06/01/2022		500,000		499,189
3.375%, 10/31/2023		200,000		206,475
Japan Finance Organization for Municipalities
2.125%, 04/13/2021		900,000		890,042
3.000%, 03/12/2024 (D)		300,000		304,033
Tokyo Metropolitan Government 2.000%, 05/17/2021 (D)		500,000		492,670
				13,374,128
Kuwait – 0.7%
State of Kuwait 3.500%, 03/20/2027 (D)		1,500,000		1,532,826
Lithuania – 0.5%
Republic of Lithuania 6.125%, 03/09/2021		900,000		951,827
Norway – 0.2%
Government of Norway 3.750%, 05/25/2021 (D)	NOK	3,800,000		463,487
Peru – 0.6%
Republic of Peru
5.940%, 02/12/2029 (D)	PEN	400,000		127,027
5.940%, 02/12/2029		400,000		126,837
6.350%, 08/12/2028 (D)		2,700,000		881,865
				1,135,729
Poland – 0.3%
Republic of Poland
2.250%, 04/25/2022	PLN	2,300,000		605,065
3.250%, 07/25/2025		100,000		27,366
				632,431

66

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Global Bond Trust (continued)
	Shares or
	Principal
	Amount		Value
FOREIGN GOVERNMENT OBLIGATIONS (continued)
Qatar – 1.8%
State of Qatar
3.875%, 04/23/2023 (D)	$	1,400,000	$	1,439,858
4.000%, 03/14/2029 (D)		600,000		618,367
4.500%, 01/20/2022		700,000		726,950
4.500%, 04/23/2028 (D)		800,000		855,261
				3,640,436
Saudi Arabia – 1.6%
Kingdom of Saudi Arabia
2.375%, 10/26/2021		1,200,000		1,179,450
3.250%, 10/26/2026		200,000		194,742
3.625%, 03/04/2028 (D)		200,000		198,400
4.000%, 04/17/2025		700,000		716,909
4.375%, 04/16/2029 (D)		200,000		208,294
KSA Sukuk, Ltd.
2.894%, 04/20/2022 (D)		600,000		596,453
4.303%, 01/19/2029 (D)		200,000		207,250
				3,301,498
Slovenia – 0.9%
Republic of Slovenia 5.250%, 02/18/2024 (D)		1,682,000		1,866,552
South Korea – 0.1%
Korea Hydro & Nuclear Power Company, Ltd. 3.750%, 07/25/2023 (D)		200,000		206,189
Spain – 0.6%
Autonomous Community of Catalonia
4.220%, 04/26/2035	EUR	200,000		241,825
4.950%, 02/11/2020		400,000		463,756
Kingdom of Spain
1.400%, 07/30/2028 (D)		200,000		232,593
2.900%, 10/31/2046 (D)		300,000		387,229
				1,325,403
United Arab Emirates – 0.7%
Abu Dhabi Government
2.500%, 10/11/2022 (D)	$	900,000		891,329
3.125%, 10/11/2027 (D)		600,000		595,949
				1,487,278
United Kingdom – 1.3%
Government of United Kingdom
4.250%, 12/07/2040	GBP	1,000,000		1,960,723
4.750%, 12/07/2038		300,000		610,899
				2,571,622
TOTAL FOREIGN GOVERNMENT OBLIGATIONS (Cost $47,555,844)			$	48,120,765
CORPORATE BONDS – 42.7%
Brazil – 0.5%
Petrobras Global Finance BV
5.999%, 01/27/2028	$	668,000		676,016
7.250%, 03/17/2044		400,000		417,400
				1,093,416
Canada – 1.2%
Air Canada Pass Through Trust 3.300%, 07/15/2031 (D)		292,320		282,820
Brookfield Finance, Inc. 3.900%, 01/25/2028		400,000		387,183
Canadian Imperial Bank of Commerce 3.150%, 06/27/2021 (D)		600,000		607,339
Fairfax Financial Holdings, Ltd. 2.750%, 03/29/2028 (D)	EUR	600,000		706,301

Global Bond Trust (continued)
	Shares or
	Principal
	Amount		Value
CORPORATE BONDS (continued)
Canada (continued)
The Bank of Nova Scotia 1.875%, 04/26/2021	$	400,000	$	394,157
				2,377,800
Cayman Islands – 0.0%
Ambac LSNI LLC (3 month LIBOR + 5.000%) 7.596%, 02/12/2023 (C)(D)		540		544
China – 0.3%
Baidu, Inc. 3.875%, 09/29/2023		300,000		306,509
Tencent Holdings, Ltd. 3.595%, 01/19/2028		200,000		197,508
				504,017
Denmark – 2.3%
Jyske Realkredit A/S 2.000%, 10/01/2047	DKK	6,551,907		1,022,253
Nordea Kredit Realkreditaktieselskab
2.000%, 10/01/2047 to 10/01/2050		12,839,440		2,001,675
2.500%, 10/01/2047		1,312		208
Nykredit Realkredit A/S
2.000%, 10/01/2047		10,620,584		1,655,626
2.500%, 10/01/2047		54,503		8,621
3.000%, 10/01/2047		47,346		7,644
6.000%, 10/01/2029		29,721		5,399
Realkredit Danmark A/S 2.500%, 07/01/2047		74,092		11,617
Realkredit Danmark A/S (6 month CIBOR + 0.850%) 0.710%, 01/01/2038 (C)		187,048		29,794
				4,742,837
France – 0.5%
BNP Paribas SA 3.375%, 01/23/2026	GBP	200,000		272,395
Danone SA 2.077%, 11/02/2021 (D)	$	800,000		784,530
				1,056,925
Germany – 1.5%
Aareal Bank AG 1.875%, 09/15/2020		200,000		196,967
Deutsche Bank AG 3.150%, 01/22/2021		200,000		197,021
Deutsche Bank AG (3 month EURIBOR + 0.500%) 0.184%, 12/07/2020 (C)	EUR	100,000		110,860
Deutsche Bank AG (3 month LIBOR + 0.815%) 3.576%, 01/22/2021 (C)	$	200,000		196,035
Deutsche Bank AG (3 month LIBOR + 1.290%) 3.766%, 02/04/2021 (C)		300,000		297,502
KfW
0.250%, 09/15/2025	EUR	800,000		914,035
0.625%, 02/22/2027		900,000		1,050,774
				2,963,194
Guernsey, Channel Islands – 0.2%
Credit Suisse Group Funding Guernsey, Ltd. 3.800%, 06/09/2023	$	400,000		406,414
Hong Kong – 0.2%
AIA Group, Ltd. 3.900%, 04/06/2028 (D)		400,000		412,689

67

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Global Bond Trust (continued)
	Shares or
	Principal
	Amount		Value
CORPORATE BONDS (continued)
India – 0.2%
ICICI Bank, Ltd. 3.500%, 03/18/2020	$	200,000	$	200,326
Indian Railway Finance Corp., Ltd. 3.835%, 12/13/2027		300,000		292,637
				492,963
Indonesia – 0.1%
Indonesia Asahan Aluminium Persero PT 5.710%, 11/15/2023 (D)		200,000		215,663
Ireland – 0.9%
AerCap Ireland Capital DAC 4.450%, 12/16/2021		450,000		461,661
AIB Group PLC 4.750%, 10/12/2023 (D)		200,000		206,634
Bank of Ireland (7.375% to 6-18-20, then 5 Year Euro Swap Rate + 6.956%) 06/18/2020 (E)	EUR	400,000		471,695
Shire Acquisitions Investments Ireland DAC 2.400%, 09/23/2021	$	300,000		296,576
SumitG 2.251%, 11/02/2020		400,000		395,264
				1,831,830
Italy – 0.3%
UniCredit SpA 7.830%, 12/04/2023 (D)		500,000		554,755
Japan – 1.8%
Central Japan Railway Company 2.800%, 02/23/2022		400,000		399,520
Central Nippon Expressway Company, Ltd. 2.091%, 09/14/2021		500,000		490,271
Japan Tobacco, Inc. 2.000%, 04/13/2021		300,000		293,913
Meiji Yasuda Life Insurance Company (5.100% to 4-26-28, then 5 Year U.S. ISDAFIX + 3.150%) 04/26/2048 (D)		200,000		208,426
Mizuho Financial Group, Inc. (3 month LIBOR + 1.000%) 3.771%, 09/11/2024 (C)		200,000		201,497
Mizuho Financial Group, Inc. (3.922% to 9-11-23, then 3 month LIBOR + 1.000%) 09/11/2024		600,000		617,964
ORIX Corp. 3.250%, 12/04/2024		300,000		299,799
Sumitomo Mitsui Financial Group, Inc. 3.748%, 07/19/2023		1,000,000		1,027,924
Toyota Industries Corp. 3.110%, 03/12/2022 (D)		200,000		201,865
				3,741,179
Jersey, Channel Islands – 0.2%
AA Bond Company, Ltd.
2.750%, 07/31/2043	GBP	100,000		119,594
2.875%, 07/31/2043		200,000		249,294
				368,888
Luxembourg – 0.4%
Aroundtown SA
1.500%, 07/15/2024	EUR	400,000		456,406
2.000%, 11/02/2026		100,000		113,700

Global Bond Trust (continued)
	Shares or
	Principal
	Amount		Value
CORPORATE BONDS (continued)
Luxembourg (continued)
Emerald Bay SA 3.371%, 10/08/2020 (D)(F)	EUR	291,000	$	310,108
				880,214
Macau – 0.4%
Sands China, Ltd.
4.600%, 08/08/2023	$	300,000		309,377
5.125%, 08/08/2025		200,000		208,547
5.400%, 08/08/2028		200,000		209,706
				727,630
Netherlands – 1.8%
Cooperatieve Rabobank UA 6.875%, 03/19/2020	EUR	550,000		656,487
ING Bank NV 2.625%, 12/05/2022 (D)	$	1,800,000		1,800,704
Mondelez International Holdings Netherlands BV 2.000%, 10/28/2021 (D)		300,000		292,475
Schaeffler Finance BV 3.250%, 05/15/2025	EUR	100,000		116,497
Stichting AK Rabobank Certificaten 6.500%, 06/29/2019 (E)		200,000		260,246
Teva Pharmaceutical Finance Netherlands III BV 1.700%, 07/19/2019	$	500,000		497,688
				3,624,097
Norway – 0.3%
DNB Boligkreditt AS 2.500%, 03/28/2022 (D)		700,000		697,144
Russia – 0.2%
Gazprom OAO 9.250%, 04/23/2019		400,000		401,236
Singapore – 0.9%
BOC Aviation, Ltd.
2.750%, 09/18/2022 (D)		200,000		195,543
3.500%, 09/18/2027 (D)		200,000		194,234
Clifford Capital Pte, Ltd. 3.380%, 03/07/2028		400,000		407,246
DBS Bank, Ltd. 3.300%, 11/27/2021 (D)		200,000		202,753
Oversea-Chinese Banking Corp., Ltd. (3 month LIBOR + 0.450%) 3.020%, 05/17/2021 (C)(D)		700,000		701,723
PSA Treasury Pte, Ltd. 2.500%, 04/12/2026		200,000		191,778
				1,893,277
Spain – 0.6%
Banco Bilbao Vizcaya Argentaria SA (6.750% to 2-18-20, then 5 Year Euro Swap Rate + 6.604%) 02/18/2020 (E)	EUR	600,000		689,526
Banco Santander SA 4.379%, 04/12/2028	$	200,000		202,759
Banco Santander SA (4.750% to 3-19-25, then 5 Year Euro Swap Rate + 4.097%) 03/19/2025 (E)	EUR	400,000		389,772
				1,282,057
Supranational – 0.1%
European Bank for Reconstruction & Development 0.500%, 12/21/2023	AUD	200,000		128,234

68

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Global Bond Trust (continued)
	Shares or
	Principal
	Amount		Value
CORPORATE BONDS (continued)
Sweden – 4.5%
Lansforsakringar Hypotek AB
1.250%, 09/20/2023	SEK	12,100,000	$	1,346,663
2.250%, 09/21/2022		1,800,000		205,640
Nordea Hypotek AB 1.000%, 04/08/2022		9,300,000		1,023,484
Skandinaviska Enskilda Banken AB 1.500%, 12/15/2021		8,000,000		889,257
Stadshypotek AB 4.500%, 09/21/2022		21,000,000		2,586,260
Sveriges Sakerstallda Obligationer AB
1.250%, 06/15/2022		10,000,000		1,106,794
2.000%, 06/17/2026		4,000,000		459,151
1.000%, 09/15/2021 to 06/15/2022		15,400,000		1,692,378
				9,309,627
Switzerland – 0.6%
Credit Suisse AG 6.500%, 08/08/2023	$	1,122,000		1,201,108
United Kingdom – 5.1%
Barclays Bank PLC 7.625%, 11/21/2022		600,000		652,500
Barclays PLC (4.610% to 2-15-22, then 3 month LIBOR + 1.400%) 02/15/2023		1,100,000		1,124,158
Barclays PLC (6.500% to 9-15-19, then 5 Year Euro Swap Rate + 5.875%) 09/15/2019 (E)	EUR	200,000		226,268
Barclays PLC (7.000% to 9-15-19, then 5 Year British Pound Swap Rate + 5.084%) 09/15/2019 (E)	GBP	400,000		522,934
Barclays PLC (8.000% to 12-15-20, then 5 Year Euro Swap Rate + 6.750%) 12/15/2020 (E)	EUR	200,000		241,401
BAT International Finance PLC 2.750%, 06/15/2020 (D)	$	900,000		896,632
Co-operative Group Holdings 2011, Ltd. 6.875%, 07/08/2020	GBP	100,000		135,715
FCE Bank PLC 1.660%, 02/11/2021	EUR	400,000		451,286
Lloyds Bank PLC
4.875%, 03/30/2027	GBP	300,000		483,831
6.500%, 03/24/2020	EUR	1,000,000		1,187,259
Lloyds Banking Group PLC (7.000% to 6-27-19, then 5 Year British Pound Swap Rate + 5.060%) 06/27/2019 (E)	GBP	400,000		520,980
Nationwide Building Society (3.766% to 3-8-23, then 3 month LIBOR + 1.064%) 03/08/2024 (D)	$	900,000		896,528
NatWest Markets PLC 0.625%, 03/02/2022	EUR	400,000		445,262
RAC Bond Company PLC 4.870%, 05/06/2046	GBP	200,000		253,618
Tesco PLC 6.125%, 02/24/2022		175,000		252,779
The Royal Bank of Scotland Group PLC 2.500%, 03/22/2023	EUR	1,200,000		1,407,500
The Royal Bank of Scotland Group PLC (7.500% to 8-10-20, then 5 Year U.S. Swap Rate + 5.800%) 08/10/2020 (E)	$	400,000		407,500
Virgin Media Secured Finance PLC 5.000%, 04/15/2027 (D)	GBP	200,000		261,975
				10,368,126

Global Bond Trust (continued)
	Shares or
	Principal
	Amount		Value
CORPORATE BONDS (continued)
United States – 17.3%
Allegion US Holding Company, Inc. 3.200%, 10/01/2024	$	300,000	$	290,343
Allergan Sales LLC 5.000%, 12/15/2021 (D)		300,000		312,270
Ally Financial, Inc. 4.250%, 04/15/2021		100,000		101,250
Ambac Assurance Corp. 5.100%, 06/07/2020 (D)		125		176
American Tower Corp. 1.950%, 05/22/2026	EUR	200,000		230,987
Andeavor Logistics LP 3.500%, 12/01/2022	$	100,000		101,047
AT&T, Inc. (3 month LIBOR + 0.750%) 3.488%, 06/01/2021 (C)		1,600,000		1,606,642
AT&T, Inc. (3 month LIBOR + 1.180%) 3.956%, 06/12/2024 (C)		800,000		793,588
Aviation Capital Group LLC 4.125%, 08/01/2025 (D)		1,400,000		1,396,298
Bank of America Corp. (5.875% to 3-15-28, then 3 month LIBOR + 2.931%) 03/15/2028 (E)		400,000		405,860
BAT Capital Corp.
2.297%, 08/14/2020		700,000		693,144
4.390%, 08/15/2037		600,000		541,799
BAT Capital Corp. (3 month LIBOR + 0.590%) 3.204%, 08/14/2020 (C)		400,000		399,141
Bayer US Finance II LLC
3.875%, 12/15/2023 (D)		300,000		302,421
4.250%, 12/15/2025 (D)		300,000		303,418
Bayer US Finance II LLC (3 month LIBOR + 0.630%) 3.452%, 06/25/2021 (C)(D)		200,000		198,271
Bayer US Finance II LLC (3 month LIBOR + 1.010%) 3.798%, 12/15/2023 (C)(D)		200,000		197,062
BellSouth LLC 4.333%, 04/26/2021 (D)		900,000		900,981
Broadcom Corp. 2.650%, 01/15/2023		200,000		194,778
Campbell Soup Company
3.300%, 03/15/2021		200,000		201,280
3.650%, 03/15/2023		300,000		304,332
Charter Communications Operating LLC 3.750%, 02/15/2028		1,300,000		1,256,158
Citigroup, Inc. (2.876% to 7-24-22, then 3 month LIBOR + 0.950%) 07/24/2023		300,000		298,189
Citigroup, Inc. (3.142% to 1-24-22, then 3 month LIBOR + 0.722%) 01/24/2023		400,000		401,499
Consolidated Edison Company of New York, Inc. (3 month LIBOR + 0.400%) 3.222%, 06/25/2021 (C)		300,000		299,548
Continental Resources, Inc. 4.375%, 01/15/2028		300,000		308,506
CVS Health Corp. 3.700%, 03/09/2023		300,000		304,794
Discover Bank 3.350%, 02/06/2023		400,000		402,214
DISH DBS Corp.
5.125%, 05/01/2020		100,000		100,625
7.875%, 09/01/2019		100,000		101,250

69

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Global Bond Trust (continued)
	Shares or
	Principal
	Amount		Value
CORPORATE BONDS (continued)
United States (continued)
Duke Energy Corp. (3 month LIBOR + 0.500%) 3.114%, 05/14/2021 (C)(D)	$	1,000,000	$	999,428
EMC Corp. 2.650%, 06/01/2020		600,000		595,528
Emera US Finance LP 2.700%, 06/15/2021		400,000		396,444
EQT Corp. 2.500%, 10/01/2020		300,000		296,055
Equifax, Inc. (3 month LIBOR + 0.870%) 3.486%, 08/15/2021 (C)		300,000		298,131
Fidelity National Information Services, Inc. 0.400%, 01/15/2021	EUR	300,000		337,695
Ford Motor Credit Company LLC (3 month EURIBOR + 0.430%) 0.114%, 05/14/2021 (C)		700,000		758,184
Ford Motor Credit Company LLC (3 month LIBOR + 1.235%) 3.851%, 02/15/2023 (C)	$	500,000		472,904
Fresenius Medical Care US Finance II, Inc. 4.125%, 10/15/2020 (D)		300,000		302,589
GATX Corp. (3 month LIBOR + 0.720%) 3.302%, 11/05/2021 (C)		300,000		298,454
General Mills, Inc. 3.700%, 10/17/2023		500,000		512,738
General Motors Financial Company, Inc. (3 month EURIBOR + 0.680%) 0.364%, 05/10/2021 (C)	EUR	200,000		224,075
Harley-Davidson Financial Services, Inc. 2.850%, 01/15/2021 (D)	$	300,000		296,627
Harris Corp. (3 month LIBOR + 0.480%) 3.231%, 04/30/2020 (C)		800,000		799,404
International Lease Finance Corp. 8.250%, 12/15/2020		200,000		216,136
JPMorgan Chase Bank N.A. (3 month LIBOR + 0.340%) 3.105%, 04/26/2021 (C)		1,400,000		1,399,259
Kilroy Realty LP 3.450%, 12/15/2024		100,000		99,117
Komatsu Finance America, Inc. 2.118%, 09/11/2020		200,000		197,175
MGM Resorts International 6.625%, 12/15/2021		500,000		534,375
MUFG Americas Holdings Corp. 3.000%, 02/10/2025		2,800,000		2,753,237
National Rural Utilities Cooperative Finance Corp. (3 month LIBOR + 0.375%) 3.178%, 06/30/2021 (C)		700,000		700,345
Navient Corp.
5.875%, 03/25/2021		100,000		103,250
8.000%, 03/25/2020		200,000		208,000
Nissan Motor Acceptance Corp. 2.600%, 09/28/2022 (D)		200,000		194,695
Penske Truck Leasing Company LP 3.950%, 03/10/2025 (D)		1,500,000		1,507,957
Progress Energy, Inc. 4.400%, 01/15/2021		200,000		204,817
Spirit AeroSystems, Inc. 3.950%, 06/15/2023		200,000		203,438

Global Bond Trust (continued)
	Shares or
	Principal
	Amount		Value
CORPORATE BONDS (continued)
United States (continued)
Spirit AeroSystems, Inc. (3 month LIBOR + 0.800%) 3.588%, 06/15/2021 (C)	$	100,000	$	99,397
Springleaf Finance Corp. 6.000%, 06/01/2020		400,000		412,800
Sprint Capital Corp. 6.900%, 05/01/2019		200,000		200,500
Sprint Communications, Inc. 7.000%, 08/15/2020		400,000		413,000
Sprint Spectrum Company LLC 4.738%, 03/20/2025 (D)		300,000		303,375
Textron, Inc. (3 month LIBOR + 0.550%) 3.168%, 11/10/2020 (C)		900,000		896,073
The Interpublic Group of Companies, Inc. 3.750%, 10/01/2021		300,000		305,274
Toyota Motor Credit Corp. (3 month LIBOR + 0.400%) 3.040%, 05/17/2022 (C)		600,000		599,238
United Technologies Corp. 3.650%, 08/16/2023		1,700,000		1,745,369
Verizon Communications, Inc. (3 month LIBOR + 1.100%) 3.716%, 05/15/2025 (C)		800,000		800,080
Volkswagen Group of America Finance LLC 2.450%, 11/20/2019 (D)		1,500,000		1,493,745
WEA Finance LLC 3.750%, 09/17/2024 (D)		200,000		204,339
ZF North America Capital, Inc. 4.500%, 04/29/2022 (D)		200,000		200,791
				35,531,909
Virgin Islands, British – 0.3%
CNPC General Capital, Ltd. 2.750%, 05/14/2019 (D)		600,000		599,954
TOTAL CORPORATE BONDS (Cost $87,179,757)			$	87,407,727
CAPITAL PREFERRED SECURITIES – 0.4%
United States – 0.4%
Dresdner Funding Trust I
8.151%, 06/30/2031 (D)		500,000		630,000
8.151%, 06/30/2031		200,000		252,000
				882,000
TOTAL CAPITAL PREFERRED SECURITIES (Cost $840,000)			$	882,000
MUNICIPAL BONDS – 1.1%
United States – 1.1%
American Municipal Power, Inc. (Ohio) 7.334%, 02/15/2028		700,000		888,853
Iowa Tobacco Settlement Authority 6.500%, 06/01/2023		205,000		207,878
State of California (1 month LIBOR + 0.780%) 3.270%, 04/01/2047 (C)		1,200,000		1,204,800
TOTAL MUNICIPAL BONDS (Cost $2,308,147)			$	2,301,531
TERM LOANS (G) – 0.3%
United States – 0.3%
CenturyLink, Inc., 2017 Term Loan B (1 month LIBOR + 2.750%), 5.249%, 01/31/2025		592,500		580,283

70

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Global Bond Trust (continued)
	Shares or
	Principal
	Amount		Value
TERM LOANS (G) (continued)
United States (continued)
Las Vegas Sands LLC, 2018 Term Loan B (1 month LIBOR + 1.750%), 4.249%, 03/27/2025	$	97,258	$	95,444
				675,727
TOTAL TERM LOANS (Cost $ 687,680)			$	675,727
COLLATERALIZED MORTGAGE OBLIGATIONS – 14.1%
Commercial and residential – 12.7%
Adjustable Rate Mortgage Trust, Series 2005-5, Class 2A1, 4.194%, 09/25/2035 (H)		47,404		44,307
American Home Mortgage Investment Trust, Series 2004-3, Class 5A (12 month LIBOR + 1.500%), 4.237%, 10/25/2034 (C)		4,467		4,458
Banc of America Funding Corp.
Series 2005-E, Class 1A1 (1 month LIBOR + 0.580%), 3.065%, 05/20/2035 (C)		134,768		116,766
Series 2006-J, Class 4A1, 4.651%, 01/20/2047 (H)		71,162		67,973
Banc of America Mortgage Securities, Inc., Series 2005-B, Class 2A2, 4.258%, 03/25/2035 (H)		315,804		308,664
Bear Stearns Adjustable Rate Mortgage Trust
Series 2003-6, Class 1A1, 4.398%, 08/25/2033 (H)		28,184		28,685
Series 2003-7, Class 6A, 4.508%, 10/25/2033 (H)		33,147		33,495
Series 2003-9, Class 2A1, 4.669%, 02/25/2034 (H)		6,653		6,773
Series 2004-2, Class 22A, 4.272%, 05/25/2034 (H)		74,507		72,898
Series 2004-2, Class 23A, 3.123%, 05/25/2034 (H)		34,509		31,604
Series 2004-9, Class 22A1, 4.714%, 11/25/2034 (H)		23,942		24,304
Series 2005-12, Class 23A1, 4.338%, 02/25/2036 (H)		393,301		367,953
Bear Stearns ALT-A Trust
Series 2005-7, Class 22A1, 4.260%, 09/25/2035 (H)		474,026		389,175
Series 2005-9, Class 24A1, 4.152%, 11/25/2035 (H)		439,745		380,736
Bear Stearns Structured Products, Inc. Trust, Series 2007-R6, Class 1A1, 4.259%, 01/26/2036 (H)		902,645		812,160
Brunel Residential Mortgage Securitisation PLC, Series 2007-1X, Class A4B (3 month GBP LIBOR + 0.220%), 1.142%, 01/13/2039 (C)	GBP	371,650		474,747
Canada Mortgage & Housing Corp. (Merrill Lynch)
Series 98001212 (1 month CDOR – 0.690%), 2.138%, 06/01/2020 (C)	CAD	415,116		310,634
Series 98001247 (1 month CDOR – 0.700%), 2.338%, 07/01/2020 (C)		1,152,191		864,149
Series 98001289 (1 month CDOR – 0.669%), 2.338%, 08/01/2020 (C)		402,366		301,774

Global Bond Trust (continued)
	Shares or
	Principal
	Amount		Value
COLLATERALIZED MORTGAGE OBLIGATIONS (continued)
Commercial and residential (continued)
Chase Mortgage Finance Trust, Series 2007-A2, Class 7A1, 3.615%, 07/25/2037 (H)	$	61,345	$	54,774
Citigroup Mortgage Loan Trust, Inc., Series 2005-6, Class A1 (1 Year CMT + 2.100%), 4.680%, 09/25/2035 (C)		118,519		120,199
Countrywide Alternative Loan Trust
Series 2005-21CB, Class A3, 5.250%, 06/25/2035		74,454		68,845
Series 2005-56, Class 2A2 (12 month Treasury Average Index + 2.040%), 4.372%, 11/25/2035 (C)		56,245		52,678
Series 2005-56, Class 2A3 (12 month Treasury Average Index + 1.500%), 3.832%, 11/25/2035 (C)		67,448		61,269
Series 2006-OA9, Class 2A1B (1 month LIBOR + 0.200%), 2.685%, 07/20/2046 (C)		244,957		188,610
Series 2007-11T1, Class A12 (1 month LIBOR + 0.350%), 2.840%, 05/25/2037 (C)		203,765		106,518
Series 2007-16CB, Class 5A1, 6.250%, 08/25/2037		102,659		84,234
Series 2007-OA11, Class A1B (12 month Treasury Average Index + 1.250%), 3.582%, 11/25/2047 (C)		1,169,559		1,004,851
Series 2007-OA3, Class 1A1 (1 month LIBOR + 0.140%), 2.630%, 04/25/2047 (C)		2,340,725		2,224,418
Countrywide Home Loan Mortgage Pass Through Trust
Series 2004-12, Class 11A1, 3.884%, 08/25/2034 (H)		22,958		21,806
Series 2004-22, Class A3, 4.284%, 11/25/2034 (H)		95,303		94,836
Series 2004-HYB5, Class 2A1, 4.334%, 04/20/2035 (H)		14,378		14,371
Series 2005-2, Class 2A1 (1 month LIBOR + 0.640%), 3.130%, 03/25/2035 (C)		40,305		40,337
Series 2004-25, Class 1A1 (1 month LIBOR + 0.660%), 3.150%, 02/25/2035 (C)		22,167		22,391
Series 2004-25, Class 2A1 (1 month LIBOR + 0.680%), 3.170%, 02/25/2035 (C)		31,931		31,509
Credit Suisse First Boston Mortgage Securities Corp.
Series 2003-8, Class 5A1, 6.500%, 04/25/2033		6,891		7,086
Series 2003-AR18, Class 2A3, 4.010%, 07/25/2033 (H)		5,206		5,225
Finsbury Square PLC, Series 2018-2, Class A (3 month GBP LIBOR + 0.950%), 1.865%, 09/12/2068 (C)	GBP	393,849		514,077
First Horizon Mortgage Pass Through Trust, Series 2005-AR3, Class 2A1, 4.261%, 08/25/2035 (H)	$	30,673		25,213

71

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Global Bond Trust (continued)
	Shares or
	Principal
	Amount		Value
COLLATERALIZED MORTGAGE OBLIGATIONS (continued)
Commercial and residential (continued)
GMACM Mortgage Loan Trust, Series 2004-AR1, Class 22A, 4.509%, 06/25/2034 (H)	$	10,053	$	9,970
GreenPoint Mortgage Funding Trust, Series 2006-OH1, Class A1 (1 month LIBOR + 0.180%), 2.670%, 01/25/2037 (C)		153,983		144,316
Greenpoint Mortgage Pass-Through Certificates, Series 2003-1, Class A1, 4.988%, 10/25/2033 (H)		5,739		5,733
GS Mortgage Securities Trust, Series 2012-GCJ9, Class XA IO, 1.960%, 11/10/2045		3,253,836		190,812
GSR Mortgage Loan Trust, Series 2003-1, Class A2 (1 Year CMT + 1.750%), 3.830%, 03/25/2033 (C)		28,242		28,120
HarborView Mortgage Loan Trust
Series 2005-12, Class 1A1A (12 month Treasury Average Index + 2.000%), 4.332%, 10/19/2035 (C)		1,255,875		970,131
Series 2005-4, Class 3A1, 4.090%, 07/19/2035 (H)		24,532		23,030
IndyMac Index Mortgage Loan Trust, Series 2004-AR11, Class 2A, 4.325%, 12/25/2034 (H)		28,685		28,604
JPMorgan Alternative Loan Trust
Series 2006-A5, Class 1A4 (1 month LIBOR + 0.240%), 2.730%, 10/25/2036 (C)		2,429,609		2,335,881
Series 2006-A6, Class 2A1, 5.500%, 11/25/2036 (H)		3,548		2,472
JPMorgan Mortgage Trust
Series 2003-A2, Class 3A1, 4.151%, 11/25/2033 (H)		33,853		34,278
Series 2006-S2, Class 1A3, 5.500%, 07/25/2036		208,723		179,589
Series 2007-A1, Class 5A5, 4.689%, 07/25/2035 (H)		157,794		162,894
Series 2007-A1, Class 5A6, 4.689%, 07/25/2035 (H)		143,449		142,573
Lanark Master Issuer PLC, Series 2019-1A, Class 1A2 (3 month GBP LIBOR + 0.820%), 1.698%, 12/22/2069 (C)(D)	GBP	400,000		522,727
MASTR Adjustable Rate Mortgages Trust, Series 2007-HF1, Class A1 (1 month LIBOR + 0.240%), 2.730%, 05/25/2037 (C)	$	201,869		118,435
Merrill Lynch Mortgage Investors Trust
Series 2003-A2, Class 1A1, 4.362%, 02/25/2033 (H)		74,152		72,878
Series 2005-3, Class 4A (1 month LIBOR + 0.250%), 2.740%, 11/25/2035 (C)		80,940		78,909
MRFC Mortgage Pass Through Trust, Series 2000-TBC3, Class A1 (1 month LIBOR + 0.440%), 2.929%, 12/15/2030 (C)		17,392		16,851

Global Bond Trust (continued)
	Shares or
	Principal
	Amount		Value
COLLATERALIZED MORTGAGE OBLIGATIONS (continued)
Commercial and residential (continued)
NCUA Guaranteed Notes Trust, Series 2010-R1, Class 1A (1 month LIBOR + 0.450%), 2.931%, 10/07/2020 (C)	$	781,445	$	782,962
Real Estate Asset Liquidity Trust, Series 2018-1A, Class A1, 3.072%, 08/12/2053 (D)	CAD	557,871		421,892
Residential Accredit Loans Trust
Series 2006-QA2, Class 2A1, 5.245%, 02/25/2036 (H)	$	401,951		352,629
Series 2006-QO6, Class A1 (1 month LIBOR + 0.180%), 2.670%, 06/25/2046 (C)		1,426,001		575,521
Series 2007-QO2, Class A1 (1 month LIBOR + 0.150%), 2.640%, 02/25/2047 (C)		374,725		212,415
Residential Asset Securitization Trust, Series 2006-R1, Class A2 (1 month LIBOR + 0.400%), 2.890%, 01/25/2046 (C)		356,213		167,994
Residential Funding Mortgage Securities Trust, Series 2005-SA4, Class 1A21, 4.441%, 09/25/2035 (H)		80,305		66,257
Residential Mortgage Securities PLC
Series 29, Class A (3 month GBP LIBOR + 0.950%), 1.858%, 12/20/2046 (C)	GBP	355,097		462,929
Series 30, Class A (3 month GBP LIBOR + 0.800%), 1.708%, 03/20/2050 (C)		383,093		497,108
Series 31, Class A (3 month GBP LIBOR + 1.200%), 2.122%, 09/20/2065 (C)		382,029		498,419
RESIMAC Bastille Trust Series, Series 2018-1NCA, Class A1 (1 month LIBOR + 0.850%), 3.332%, 12/16/2059 (C)(D)	$	1,086,000		1,083,909
Ripon Mortgages PLC, Series 1X, Class A1 (3 month GBP LIBOR + 0.800%), 1.689%, 08/20/2056 (C)	GBP	403,376		523,125
RMAC PLC, Series 2018-1, Class A (3 month GBP LIBOR + 0.700%), 1.603%, 06/12/2046 (C)		445,745		573,470
Sequoia Mortgage Trust
Series 2003-4, Class 2A1 (1 month LIBOR + 0.350%), 2.835%, 07/20/2033 (C)	$	59,087		56,973
Series 5, Class A (1 month LIBOR + 0.700%), 3.180%, 10/19/2026 (C)		8,360		8,410
Structured Adjustable Rate Mortgage Loan Trust
Series 2004-1, Class 4A1, 4.592%, 02/25/2034 (H)		54,547		54,143
Series 2004-12, Class 7A1, 4.431%, 09/25/2034 (H)		57,610		58,373
Series 2004-4, Class 3A2, 4.480%, 04/25/2034 (H)		92,007		94,369
Series 2005-18, Class 6A1, 4.525%, 09/25/2035 (H)		117,423		112,901

72

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Global Bond Trust (continued)
	Shares or
	Principal
	Amount		Value
COLLATERALIZED MORTGAGE OBLIGATIONS (continued)
Commercial and residential (continued)
Structured Asset Mortgage Investments, Inc.
Series 2004-AR3, Class 1A2 (1 month LIBOR + 0.580%), 3.060%, 07/19/2034 (C)	$	27,328	$	27,229
Series 2006-AR5, Class 1A1 (1 month LIBOR + 0.210%), 2.700%, 05/25/2036 (C)		382,455		351,255
Structured Asset Securities Corp. Mortgage Loan Trust,
Series 2006-RF4, Class 1A1 (1 month LIBOR + 0.290%), 2.780%, 10/25/2036 (C)(D)		543,374		479,531
Thornburg Mortgage Securities Trust
Series 2003-5, Class 1A, 3.907%, 10/25/2043 (H)		271,502		267,104
Series 2007-2, Class A1 (1 month LIBOR + 1.250%), 3.740%, 06/25/2037 (C)		253,604		234,968
Series 2007-2, Class A2A (1 month LIBOR + 0.130%), 2.620%, 06/25/2037 (C)		371,335		356,748
Series 2007-2, Class A3A (12 month LIBOR + 1.200%), 4.089%, 06/25/2037 (C)		483,523		450,688
Series 2007-3, Class 2A1 (12 month LIBOR + 1.250%), 4.139%, 06/25/2047 (C)		96,978		90,911
Series 2007-3, Class 3A1 (12 month LIBOR + 1.250%), 4.139%, 06/25/2047 (C)		203,317		186,363
Series 2007-3, Class 4A1 (12 month LIBOR + 1.250%), 4.139%, 06/25/2047 (C)		77,505		70,168
Towd Point Mortgage Funding PLC
Series 2018-A12X, Class A (3 month GBP LIBOR + 0.800%), 1.689%, 02/20/2045 (C)	GBP	375,763		486,613
Series 2019-GR4A, Class A1 (3 month GBP LIBOR + 1.025%), 1.864%, 10/20/2051 (C)(D)		600,000		781,470
Uropa Securities PLC
Series 2008-1, Class A (3 month GBP LIBOR + 0.200%), 1.107%, 06/10/2059 (C)		304,287		379,096
Series 2008-1, Class B (3 month GBP LIBOR + 0.750%), 1.657%, 06/10/2059 (C)		58,206		70,098
Series 2008-1, Class M1 (3 month GBP LIBOR + 0.350%), 1.257%, 06/10/2059 (C)		69,995		85,561
Series 2008-1, Class M2 (3 month GBP LIBOR + 0.550%), 1.457%, 06/10/2059 (C)		55,259		67,408
WaMu Mortgage Pass-Through Certificates
Series 2002-AR17, Class 1A (12 month Treasury Average Index + 1.200%), 3.532%, 11/25/2042 (C)	$	171,293		164,393
Series 2002-AR2, Class A (COFI + 1.250%), 2.306%, 02/27/2034 (C)		23,638		23,275

Global Bond Trust (continued)
	Shares or
	Principal
	Amount		Value
COLLATERALIZED MORTGAGE OBLIGATIONS (continued)
Commercial and residential (continued)
WaMu Mortgage Pass-Through Certificates (continued)
Series 2003-AR5, Class A7, 4.128%, 06/25/2033 (H)	$	30,133	$	30,495
Series 2005-AR2, Class 2A1A (1 month LIBOR + 0.310%), 2.800%, 01/25/2045 (C)		25,349		25,387
Washington Mutual Mortgage Pass-Through Certificates, Series 2006-AR5, Class 3A (12 month Treasury Average Index + 0.940%), 3.272%, 07/25/2046 (C)		212,201		154,183
WFRBS Commercial Mortgage Trust, Series 2013-C11, Class XA IO, 1.208%, 03/15/2045 (D)		8,298,308		314,377
				26,153,825
U.S. Government Agency – 1.4%
Federal Home Loan Mortgage Corp.
Series 4579, Class FD (1 month LIBOR + 0.350%), 2.859%, 01/15/2038 (C)		658,070		654,632
Series 4579, Class SD IO, 1.592%, 01/15/2038		658,070		37,429
Series T-62, Class 1A1 (12 month Treasury Average Index + 1.200%), 3.532%, 10/25/2044 (C)		683,629		690,845
Federal National Mortgage Association
Series 2002-W8, Class F (1 month LIBOR + 0.400%), 2.890%, 09/25/2032 (C)		1,884		1,883
Series 2004-W2, Class 5AF (1 month LIBOR + 0.350%), 2.840%, 03/25/2044 (C)		20,208		20,193
Series 2006-48, Class TF (1 month LIBOR + 0.400%), 2.890%, 06/25/2036 (C)		44,948		45,003
Government National Mortgage Association, Series 2004-68, Class ZC, 6.000%, 08/20/2034		1,250,321		1,377,060
				2,827,045
TOTAL COLLATERALIZED MORTGAGE OBLIGATIONS (Cost $29,426,210)			$	28,980,870
ASSET BACKED SECURITIES – 2.2%
Amresco Residential Securities Corp. Mortgage Loan Trust, Series 1999-1, Class A (1 month LIBOR + 0.940%) 3.430%, 06/25/2029 (C)		27,650		26,719
Apex Credit CLO, Ltd., Series 2016-1A, Class ASR (3 month LIBOR + 1.050%) 3.611%, 10/27/2028 (C)(D)		500,000		505,882
Crown Point CLO, Ltd., Series 2018-6A, Class A1 (3 month LIBOR + 1.170%) 3.975%, 10/20/2028 (C)(D)		500,000		498,003
CWABS Asset-Backed Certificates Trust, Series 2005-4, Class MV5 (1 month LIBOR + 1.005%) 3.495%, 10/25/2035 (C)		2,100,000		2,092,164

73

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Global Bond Trust (continued)
	Shares or
	Principal
	Amount		Value
ASSET BACKED SECURITIES (continued)
Dryden Leveraged Loan CDO, Series 2014-35A, Class AAR (6 month EURIBOR + 0.950%) 0.693%, 05/17/2027 (C)(D)	EUR	250,000	$	280,097
Home Equity Asset Trust, Series 2002-1, Class A4 (1 month LIBOR + 0.600%) 3.090%, 11/25/2032 (C)	$	1,283		1,244
Morgan Stanley ABS Capital I, Inc. Trust, Series 2006-HE6, Class A2B (1 month LIBOR + 0.100%) 2.590%, 09/25/2036 (C)		1,161,801		567,809
RAMP Series Trust, Series 2002-RS3, Class AII1 (1 month LIBOR + 0.560%) 3.050%, 06/25/2032 (C)		7,458		7,157
Renaissance Home Equity Loan Trust, Series 2002-3, Class M2 (1 month LIBOR + 2.550%) 5.040%, 12/25/2032 (C)		388,359		376,206
Securitized Asset Backed Receivables LLC Trust, Series 2007-NC1, Class A2A (1 month LIBOR + 0.050%) 2.540%, 12/25/2036 (C)		43,267		24,077
Small Business Administration Participation Certificates, Series 2000-20K, Class 1 7.220%, 11/01/2020		4,615		4,655
Terwin Mortgage Trust, Series 2003-6HE, Class A1 (1 month LIBOR + 0.940%) 3.430%, 11/25/2033 (C)		29,784		28,689
TOTAL ASSET BACKED SECURITIES (Cost $4,219,698)			$	4,412,702
COMMON STOCKS – 0.0%
United States – 0.0%
Rescap Liquidating Trust (I)		5,054		8,845
TOTAL COMMON STOCKS (Cost $1,185)			$	8,845
PREFERRED SECURITIES – 0.2%
United Kingdom – 0.2%
Nationwide Building Society, 10.250% (C)		1,940		366,379
TOTAL PREFERRED SECURITIES (Cost $ 410,172)			$	366,379
ESCROW SHARES – 0.1%
United States – 0.1%
Lehman Brothers Holdings, Inc.
5.460%, 12/31/2016 (I)	$	4,100,000		77,900
5.625%, 01/24/2013 (I)		4,500,000		85,500
6.875%, 05/02/2018 (I)		2,100,000		40,950
TOTAL ESCROW SHARES (Cost $0)			$	204,350
PURCHASED OPTIONS – 0.0%
Calls – 0.0%
Exchange Traded Option on U.K. Long Gilt Bond Futures (Expiration Date: 5-24-19; Strike Price: GBP 153.00; Notional Amount: 6,400,000) (I)		64		14
Over the Counter Option on the EUR vs. USD (Expiration Date: 6-24-21; Strike Price: EUR 1.29; Counterparty: Morgan Stanley Bank N.A.) (I)(J)		184,000		3,181

Global Bond Trust (continued)
	Shares or
	Principal
	Amount		Value
PURCHASED OPTIONS (continued)
Calls (continued)
Over the Counter Option on the EUR vs. USD (Expiration Date: 9-22-21; Strike Price: EUR 1.31; Counterparty: Barclays Bank PLC) (I)(J)		200,000	$	3,633
Over the Counter Option on the USD vs. INR (Expiration Date: 10-16-19; Strike Price: $82.00; Counterparty: HSBC Bank USA) (I)(J)		2,600,000		2,985
Over the Counter Option on the USD vs. INR (Expiration Date: 10-16-19; Strike Price: $82.00; Counterparty: HSBC Bank USA) (I)(J)		600,000		689
				10,502
Puts – 0.0%
Exchange Traded Option on 10-Year U.S. Treasury Note Futures (Expiration Date: 5-24-19; Strike Price: $112.00; Notional Amount: 3,000) (I)		3		0
Exchange Traded Option on 10-Year U.S. Treasury Note Futures (Expiration Date: 5-24-19; Strike Price: $112.50; Notional Amount: 145,000) (I)		145		0
Exchange Traded Option on 10-Year U.S. Treasury Note Futures (Expiration Date: 5-24-19; Strike Price: $114.50; Notional Amount: 48,000) (I)		48		375
Exchange Traded Option on 5-Year U.S. Treasury Note Futures (Expiration Date: 5-24-19; Strike Price: $107.00; Notional Amount: 20,000) (I)		20		78
Exchange Traded Option on 5-Year U.S. Treasury Note Futures (Expiration Date: 5-24-19; Strike Price: $107.25; Notional Amount: 3,000) (I)		3		12
Exchange Traded Option on 5-Year U.S. Treasury Note Futures (Expiration Date: 5-24-19; Strike Price: $108.50; Notional Amount: 6,000) (I)		6		23
Exchange Traded Option on 5-Year U.S. Treasury Note Futures (Expiration Date: 5-24-19; Strike Price: $108.75; Notional Amount: 263,000) (I)		263		1,027
Exchange Traded Option on U.S. Ultra Bond Futures (Expiration Date: 5-24-19; Strike Price: $125.00; Notional Amount: 31,000) (I)		31		0
Over the Counter Option on the EUR vs. GBP (Expiration Date: 6-3-19; Strike Price: EUR 0.83; Counterparty: HSBC Bank USA) (I)(J)		1,020,000		3,936
Over the Counter Option on the EUR vs. GBP (Expiration Date: 6-3-19; Strike Price: EUR 0.83; Counterparty: Morgan Stanley Bank N.A.) (I)(J)		804,000		3,102

74

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Global Bond Trust (continued)
	Shares or
	Principal
	Amount		Value
PURCHASED OPTIONS (continued)
Puts (continued)
Over the Counter Option on the EUR vs. SEK (Expiration Date: 9-4-19; Strike Price: EUR 10.25; Counterparty: Bank of America N.A.) (I)(J)		880,000	$	8,562
Over the Counter Option on the EUR vs. SEK (Expiration Date: 9-4-19; Strike Price: EUR 10.25; Counterparty: Goldman Sachs Bank USA) (I)(J)		900,000		8,757
Over the Counter Option on the EUR vs. USD (Expiration Date: 6-24-21; Strike Price: EUR 1.29; Counterparty: Morgan Stanley Bank N.A.) (I)(J)		184,000		20,363
Over the Counter Option on the EUR vs. USD (Expiration Date: 9-22-21; Strike Price: EUR 1.31; Counterparty: Barclays Bank PLC) (I)(J)		200,000		24,086
				70,321
TOTAL PURCHASED OPTIONS (Cost $99,096)			$	80,823
SHORT-TERM INVESTMENTS – 8.5%
Repurchase agreement – 8.5%
Repurchase Agreement with Merrill Lynch & Company, Inc. dated 3-7-19 at 1.710% to be repurchased at CAD 2,064,090 on 4-8-19, collateralized by CAD 1,800,000 Canadian Government Bonds, 2.750% due 12-1-48 (valued at CAD 2,140,200, including interest)	CAD	2,061,000		1,542,261
Repurchase Agreement with Merrill Lynch & Company, Inc. dated 3-11-19 at 1.710% to be repurchased at CAD 695,411 on 4-8-19, collateralized by CAD 600,000 Canadian Government Bonds, 2.750% due 12-1-48 (valued at CAD 713,400, including interest)		694,500		519,699
Repurchase Agreement with Royal Bank of Canada dated 3-29-19 at 2.950% to be repurchased at $13,303,270 on 4-1-19, collateralized by $13,306,000 U.S. Treasury Notes, 2.500% due 5-15-24 (valued at $13,458,753, including interest)	$	13,300,000		13,300,000
Repurchase Agreement with State Street Corp. dated 3-29-19 at 1.300% to be repurchased at $2,112,229 on 4-1-19, collateralized by $2,200,000 U.S. Treasury Notes, 1.125% due 9-30-21 (valued at $2,155,516, including interest)		2,112,000		2,112,000
				17,473,960
TOTAL SHORT-TERM INVESTMENTS (Cost $17,464,085)			$	17,473,960
Total Investments (Global Bond Trust) (Cost $263,586,788) – 128.8%			$	264,134,707
Other assets and liabilities, net – (28.8%)				(59,123,091	)
TOTAL NET ASSETS – 100.0%			$	205,011,616

Global Bond Trust (continued)
	Shares or
	Principal
	Amount		Value
SECURITIES SOLD SHORT – (1.1%)
Foreign government – (1.1)%
Government of Canada 2.750%, 12/01/2048	CAD	(2,600,000)	$	(2,313,316	)
TOTAL SECURITIES SOLD SHORT (Cost $(2,222,836))			$	(2,313,316	)

Currency Abbreviations
AUD	Australian Dollar
CAD	Canadian Dollar
DKK	Danish Krone
EUR	Euro
GBP	Pound Sterling
INR	Indian Rupee
JPY	Japanese Yen
NOK	Norwegian Krone
PEN	Peruvian Nuevo Sol
PLN	Polish Zloty
SEK	Swedish Krona
Security Abbreviations and Legend
CDOR	Canadian Dollar Offered Rate
CIBOR	Copenhagen Interbank Offered Rate
CMT	Constant Maturity Treasury
COFI	11th Federal Home Loan Bank District Cost of Funds Index
CPI	Consumer Price Index
EURIBOR	Euro Interbank Offered Rate
IO	Interest-Only Security - (Interest Tranche of Stripped Mortgage Pool). Rate shown is the annualized yield at the end of the period.
ISDAFIX	International Swaps and Derivatives Association Fixed Interest Rate Swap Rate
LIBOR	London Interbank Offered 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)	Variable rate obligation. The coupon rate shown represents the rate at period end.
(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 $41,136,704 or 20.1% of the fund’s net assets as of 3-31-19.
(E)	Perpetual bonds have no stated maturity date. Date shown as maturity date is next call date.
(F)	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.
(G)	Term loans are variable rate obligations. The coupon rate shown represents the rate at period end.
(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)	Non-income producing security.
(J)	For this type of option, notional amounts are equivalent to number of contracts.

75

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Global Bond Trust (continued)

DERIVATIVES

FUTURES

											Unrealized
	Number of			Expiration	Notional			Notional			appreciation
Open contracts	contracts		Position	date	basis^			value^			(depreciation)
10-Year Australian Treasury Bond Futures		22	Long	Jun 2019	$	2,119,171		$	2,162,675		$	43,504
10-Year Canada Government Bond Futures		7	Long	Jun 2019		712,817			728,312			15,495
10-Year Japan Government Bond Futures		3	Long	Jun 2019		4,126,690			4,149,057			22,367
10-Year U.S. Treasury Note Futures		197	Long	Jun 2019		24,187,262			24,471,094			283,832
3-Month Sterling Futures		265	Long	Sep 2019		42,644,775			42,785,552			140,777
3-Year Australian Treasury Bond Futures		79	Long	Jun 2019		6,338,488			6,373,744			35,256
5-Year U.S. Treasury Note Futures		266	Long	Jun 2019		30,544,147			30,810,281			266,134
Euro-Buxl Futures		5	Long	Jun 2019		1,022,144			1,074,973			52,829
Eurodollar Futures		203	Long	Jun 2019		49,429,653			49,458,413			28,760
German Euro BOBL Futures		40	Long	Jun 2019		5,922,985			5,973,993			51,008
Ultra U.S. Treasury Bond Futures		31	Long	Jun 2019		5,037,015			5,208,000			170,985
3-Month Sterling Futures		265	Short	Sep 2020		(42,526,086	)		(42,761,823	)		(235,737	)
Euro-BTP Italian Government Bond Futures		16	Short	Jun 2019		(2,276,868	)		(2,323,728	)		(46,860	)
Eurodollar Futures		46	Short	Dec 2019		(11,171,041	)		(11,220,550	)		(49,509	)
Eurodollar Futures		55	Short	Mar 2020		(13,399,910	)		(13,431,688	)		(31,778	)
Euro-OAT Futures		105	Short	Jun 2019		(18,707,766	)		(19,159,888	)		(452,122	)
German Euro BUND Futures		4	Short	Jun 2019		(730,480	)		(746,368	)		(15,888	)
U.K. Long Gilt Bond Futures		61	Short	Jun 2019		(10,108,639	)		(10,278,373	)		(169,734	)
											$	109,319

^ 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

					Contractual
					settlement	Unrealized		Unrealized
Contract to buy		Contract to sell		Counterparty (OTC)	date	appreciation		depreciation
AUD	290,000	USD	206,201	BNP Paribas SA	4/3/2019		—	($	282	)
AUD	570,000	USD	405,049	Citibank N.A.	4/3/2019		—		(311	)
AUD	290,000	USD	205,573	Goldman Sachs Bank USA	4/3/2019	$	346		—
AUD	567,000	USD	402,548	Morgan Stanley and Company International PLC	4/3/2019		60		—
AUD	1,213,000	USD	859,080	Citibank N.A.	5/15/2019		2,922		—
AUD	1,221,000	USD	872,705	HSBC Bank USA	5/15/2019		—		(5,019	)
AUD	1,584,000	USD	1,123,385	Morgan Stanley and Company International PLC	5/15/2019		2,263		—
BRL	3,494,963	USD	896,903	Bank of America, N.A.	4/2/2019		—		(4,272	)
BRL	3,326,127	USD	883,058	JPMorgan Chase Bank N.A.	4/2/2019		—		(33,549	)
CAD	3,800,000	USD	2,879,824	HSBC Bank USA	4/2/2019		—		(36,182	)
CAD	1,657,000	USD	1,234,232	UBS AG	4/2/2019		5,746		—
CAD	1,070,000	USD	815,235	Citibank N.A.	4/3/2019		—		(14,503	)
CHF	3,000	USD	3,026	HSBC Bank USA	4/3/2019		—		(13	)
CHF	1,425,000	USD	1,427,724	JPMorgan Chase Bank N.A.	4/3/2019		3,494		—
CHF	1,170,000	USD	1,171,862	Bank of America, N.A.	5/15/2019		7,916		—
CLP	44,657,900	USD	68,228	Barclays Bank PLC Wholesale	4/10/2019		—		(2,602	)
CNY	8,639,797	USD	1,255,490	BNP Paribas SA	4/15/2019		29,612		—
CNY	4,590,030	USD	667,155	Morgan Stanley and Company International PLC	4/15/2019		15,576		—
CNY	5,589,378	USD	810,601	Standard Chartered Bank	4/15/2019		20,775		—
CNY	4,587,896	USD	682,000	Standard Chartered Bank	6/19/2019		276		—
CNY	6,052,000	USD	883,413	BNP Paribas SA	7/12/2019		16,475		—
CNY	6,052,000	USD	882,512	Citibank N.A.	7/12/2019		17,377		—
CNY	43,600,454	USD	6,352,780	HSBC Bank USA	7/12/2019		130,289		—
COP	4,986,423,230	USD	1,597,368	Citibank N.A.	6/11/2019		—		(39,055	)
COP	382,041,770	USD	121,000	JPMorgan Chase Bank N.A.	6/11/2019		—		(1,608	)
COP	1,015,889,392	USD	322,000	Royal Bank of Canada	6/11/2019		—		(4,523	)
CZK	4,099,677	USD	180,028	Standard Chartered Bank	5/20/2019		—		(1,634	)
DKK	780,000	USD	120,386	JPMorgan Chase Bank N.A.	4/1/2019		—		(3,188	)
DKK	805,000	USD	122,059	JPMorgan Chase Bank N.A.	7/1/2019		—		(117	)
EUR	2,343,255	RON	11,394,768	Bank of America, N.A.	7/26/2019		—		(12,763	)
EUR	118,597	RON	588,217	Bank of America, N.A.	3/16/2020		119		—
EUR	103,264	RON	512,783	BNP Paribas SA	3/16/2020		—		(40	)
EUR	104,022	RON	516,469	Citibank N.A.	3/16/2020		—		(22	)
EUR	104,117	RON	517,295	Morgan Stanley and Company International PLC	3/16/2020		—		(104	)
EUR	227,000	SEK	2,337,837	Deutsche Bank AG London	4/23/2019		3,244		—
EUR	311,000	SEK	3,231,446	NatWest Markets PLC	4/23/2019		1,373		—
EUR	94,000	TRY	608,885	Citibank N.A.	6/7/2019		3,396		—

76

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Global Bond Trust (continued)

FORWARD FOREIGN CURRENCY CONTRACTS (continued)

					Contractual
					settlement	Unrealized		Unrealized
Contract to buy		Contract to sell		Counterparty (OTC)	date	appreciation		depreciation
EUR	13,400	TRY	87,770	JPMorgan Chase Bank N.A.	6/7/2019	$	320		—
EUR	91,000	TRY	619,255	Nomura Global Financial Products, Inc.	9/5/2019		5,046		—
EUR	55,886,589	USD	62,898,400	Bank of America, N.A.	4/2/2019		—	($	207,603	)
EUR	1,080,000	USD	1,225,223	Barclays Bank PLC Wholesale	4/3/2019		—		(13,630	)
EUR	183,000	USD	207,681	Morgan Stanley and Company International PLC	4/3/2019		—		(2,383	)
EUR	351,000	USD	397,368	Standard Chartered Bank	4/3/2019		—		(3,600	)
EUR	1,308,000	USD	1,486,628	Bank of America, N.A.	5/15/2019		—		(14,060	)
EUR	2,522,000	USD	2,875,165	Citibank N.A.	5/15/2019		—		(35,853	)
EUR	16,407,424	USD	18,643,330	JPMorgan Chase Bank N.A.	5/15/2019		—		(171,571	)
EUR	1,161,000	USD	1,401,675	HSBC Bank USA	5/28/2019		—		(93,186	)
EUR	31,000	USD	39,634	Morgan Stanley and Company International PLC	6/28/2021		—		(2,682	)
GBP	495,000	USD	654,044	Citibank N.A.	4/2/2019		—		(9,331	)
GBP	2,278,489	USD	3,022,472	Goldman Sachs Bank USA	4/2/2019		—		(54,854	)
GBP	162,000	USD	214,464	Citibank N.A.	4/3/2019		—		(3,456	)
GBP	156,000	USD	206,852	HSBC Bank USA	4/3/2019		—		(3,659	)
GBP	2,333,489	USD	3,093,959	Standard Chartered Bank	5/3/2019		—		(49,962	)
HUF	73,187,000	USD	265,912	JPMorgan Chase Bank N.A.	7/11/2019		—		(8,469	)
IDR	1,685,448,422	USD	117,913	Nomura Global Financial Products, Inc.	4/22/2019		—		(15	)
IDR	1,748,571,000	USD	121,000	HSBC Bank USA	6/19/2019		264		—
IDR	21,807,951,560	USD	1,527,916	Standard Chartered Bank	6/19/2019		—		(15,527	)
ILS	901,000	USD	250,000	Bank of America, N.A.	6/14/2019		—		(723	)
INR	31,406,029	USD	456,000	BNP Paribas SA	4/25/2019		—		(4,957	)
INR	96,595,030	USD	1,396,000	Goldman Sachs Bank USA	4/25/2019		—		(8,734	)
INR	55,923,600	USD	760,000	HSBC Bank USA	10/18/2019		26,806		—
JPY	70,800,000	USD	640,444	Barclays Bank PLC Wholesale	4/2/2019		—		(1,628	)
JPY	44,894,000	USD	402,305	Citibank N.A.	4/3/2019		2,797		—
JPY	112,327,000	USD	1,010,047	JPMorgan Chase Bank N.A.	4/3/2019		3,539		—
JPY	70,800,000	USD	643,636	Citibank N.A.	5/8/2019		—		(2,842	)
JPY	75,000,000	USD	677,415	Bank of America, N.A.	5/15/2019		1,696		—
JPY	315,500,000	USD	2,875,296	Barclays Bank PLC Wholesale	5/15/2019		—		(18,500	)
JPY	3,030,800,000	USD	27,618,484	JPMorgan Chase Bank N.A.	5/15/2019		—		(175,138	)
KRW	467,561,250	USD	417,000	HSBC Bank USA	4/5/2019		—		(5,382	)
KRW	332,644,800	USD	296,000	Standard Chartered Bank	4/5/2019		—		(3,156	)
KRW	213,672,172	USD	188,423	Goldman Sachs Bank USA	6/19/2019		—		(203	)
KRW 2,674,892,972		USD	2,364,775	HSBC Bank USA	6/19/2019		—		(8,500	)
MXN	7,500,000	USD	386,548	Citibank N.A.	4/15/2019		—		(962	)
MXN	60,614,718	USD	3,136,434	JPMorgan Chase Bank N.A.	4/15/2019		—		(20,138	)
MXN	17,606,637	USD	893,965	BNP Paribas SA	6/26/2019		912		—
MXN	57,903,718	USD	2,974,043	Citibank N.A.	6/26/2019		—		(31,019	)
MXN	6,709,000	USD	342,127	BNP Paribas SA	8/14/2019		—		(3,677	)
MXN	7,500,000	USD	378,361	Goldman Sachs Bank USA	8/14/2019		—		(7	)
MYR	2,649,596	USD	651,487	Goldman Sachs Bank USA	6/19/2019		—		(2,111	)
NOK	13,967,000	USD	1,608,850	Citibank N.A.	4/3/2019		10,589		—
NOK	5,167,000	USD	605,121	JPMorgan Chase Bank N.A.	4/3/2019		—		(6,020	)
NOK	3,502,000	USD	409,680	Morgan Stanley and Company International PLC	4/3/2019		—		(3,632	)
NOK	5,855,000	USD	679,084	JPMorgan Chase Bank N.A.	5/15/2019		894		—
NZD	748,000	USD	514,073	Citibank N.A.	4/2/2019		—		(4,685	)
NZD	295,000	USD	201,359	BNP Paribas SA	4/3/2019		—		(460	)
NZD	1,174,000	USD	811,391	JPMorgan Chase Bank N.A.	4/3/2019		—		(11,881	)
RON	7,032,000	USD	1,669,467	BNP Paribas SA	7/26/2019		—		(23,739	)
SEK	4,564,320	EUR	445,000	JPMorgan Chase Bank N.A.	4/23/2019		—		(8,370	)
SEK	1,988,000	USD	211,560	Citibank N.A.	4/3/2019		2,281		—
SEK	5,525,000	USD	598,539	JPMorgan Chase Bank N.A.	4/3/2019		—		(4,236	)
SEK	13,234,000	USD	1,437,383	Morgan Stanley and Company International PLC	4/3/2019		—		(13,853	)
SEK	3,350,000	USD	361,380	Bank of America, N.A.	5/15/2019		95		—
SGD	529,973	USD	391,888	Barclays Bank PLC Wholesale	6/19/2019		—		(264	)
THB	19,235,209	USD	615,527	BNP Paribas SA	6/19/2019		—		(8,186	)
TRY	549,557	EUR	85,000	Citibank N.A.	6/7/2019		—		(3,243	)
TRY	58,255	EUR	9,000	Morgan Stanley and Company International PLC	6/7/2019		—		(332	)
TRY	387,206	EUR	57,000	Citibank N.A.	9/5/2019		—		(3,269	)
TRY	230,760	EUR	34,000	HSBC Bank USA	9/5/2019		—		(1,982	)
TRY	3,298,692	USD	605,671	BNP Paribas SA	4/15/2019		—		(26,331	)
TRY	1,132,032	USD	199,145	NatWest Markets PLC	4/15/2019		—		(329	)
TRY	1,915,005	USD	341,513	BNP Paribas SA	5/15/2019		—		(13,202	)
TWD	16,221,785	USD	527,572	Standard Chartered Bank	6/19/2019		—		(354	)
USD	403,632	AUD	572,000	Bank of America, N.A.	4/3/2019		—		(2,526	)

77

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Global Bond Trust (continued)

FORWARD FOREIGN CURRENCY CONTRACTS (continued)

					Contractual
					settlement	Unrealized		Unrealized
Contract to buy		Contract to sell		Counterparty (OTC)	date	appreciation		depreciation
USD	155,467	AUD	221,000	BNP Paribas SA	5/15/2019		—	($	1,584	)
USD	2,057,629	AUD	2,897,000	Citibank N.A.	5/15/2019		—		(1,084	)
USD	908,046	BRL	3,494,963	Bank of America, N.A.	4/2/2019	$	15,415		—
USD	853,575	BRL	3,326,127	JPMorgan Chase Bank N.A.	4/2/2019		4,066		—
USD	70,363	CAD	94,000	BNP Paribas SA	4/2/2019		20		—
USD	223,348	CAD	300,000	Citibank N.A.	4/2/2019		—		(1,150	)
USD	3,075,447	CAD	4,092,000	HSBC Bank USA	4/2/2019		13,293		—
USD	800,159	CAD	1,065,000	Morgan Stanley and Company International PLC	4/2/2019		3,191		—
USD	598,749	CAD	799,000	JPMorgan Chase Bank N.A.	4/3/2019		820		—
USD	405,378	CAD	544,000	Standard Chartered Bank	4/3/2019		—		(1,723	)
USD	1,235,184	CAD	1,657,000	UBS AG	5/3/2019		—		(5,765	)
USD	610,149	CHF	608,294	Goldman Sachs Bank USA	4/3/2019		—		(799	)
USD	1,212,056	CHF	1,223,000	Morgan Stanley and Company International PLC	4/3/2019		—		(16,280	)
USD	286,940	CNY	1,988,351	BNP Paribas SA	4/15/2019		—		(8,812	)
USD	695,976	CNY	4,708,178	Citibank N.A.	4/15/2019		—		(4,329	)
USD	398,093	CNY	2,698,631	HSBC Bank USA	4/15/2019		—		(3,308	)
USD	491,782	CNY	3,332,807	JPMorgan Chase Bank N.A.	4/15/2019		—		(3,947	)
USD	286,961	CNY	1,988,351	Nomura Global Financial Products, Inc.	4/15/2019		—		(8,791	)
USD	590,556	CNY	4,102,886	Standard Chartered Bank	4/15/2019		—		(19,717	)
USD	780,108	CNY	5,332,266	Bank of America, N.A.	7/12/2019		—		(12,761	)
USD	951,920	CNY	6,415,940	Citibank N.A.	7/12/2019		—		(2,084	)
USD	6,121,861	CNY	41,786,248	HSBC Bank USA	7/12/2019		—		(91,449	)
USD	318,896	CNY	2,170,000	JPMorgan Chase Bank N.A.	7/12/2019		—		(3,767	)
USD	410,865	COP	1,298,006,000	HSBC Bank USA	6/11/2019		5,224		—
USD	101,956	DKK	665,000	HSBC Bank USA	4/1/2019		2,038		—
USD	54,083	DKK	355,000	NatWest Markets PLC	4/1/2019		743		—
USD	4,301,702	DKK	27,959,104	UBS AG	4/1/2019		100,737		—
USD	4,260,061	DKK	28,047,108	Morgan Stanley and Company International PLC	7/1/2019		11,463		—
USD	63,792,915	EUR	55,886,589	JPMorgan Chase Bank N.A.	4/2/2019		1,102,118		—
USD	612,921	EUR	545,000	Citibank N.A.	4/3/2019		1,515		—
USD	1,834,935	EUR	1,610,121	Morgan Stanley and Company International PLC	4/3/2019		28,627		—
USD	63,061,812	EUR	55,886,589	Bank of America, N.A.	5/3/2019		206,512		—
USD	546,973	EUR	479,000	Bank of America, N.A.	5/15/2019		7,707		—
USD	417,412	EUR	368,000	Barclays Bank PLC Wholesale	5/15/2019		3,111		—
USD	371,981	EUR	329,000	BNP Paribas SA	5/15/2019		1,587		—
USD	3,524,480	EUR	3,104,000	Citibank N.A.	5/15/2019		29,943		—
USD	379,386	EUR	333,000	HSBC Bank USA	5/15/2019		4,488		—
USD	1,362,064	EUR	1,167,000	Citibank N.A.	5/28/2019		46,812		—
USD	134,041	GBP	103,000	Bank of America, N.A.	4/2/2019		—		(111	)
USD	732,339	GBP	556,000	Citibank N.A.	4/2/2019		8,178		—
USD	3,089,277	GBP	2,333,489	Standard Chartered Bank	4/2/2019		50,025		—
USD	410,045	GBP	311,000	Citibank N.A.	4/3/2019		4,962		—
USD	609,633	GBP	462,000	JPMorgan Chase Bank N.A.	4/3/2019		7,870		—
USD	410,466	GBP	313,000	Standard Chartered Bank	4/3/2019		2,778		—
USD	825,563	GBP	616,000	Citibank N.A.	6/18/2019		20,182		—
USD	467,000	HKD	3,655,744	HSBC Bank USA	6/24/2019		148		—
USD	103,772	HUF	28,497,000	HSBC Bank USA	6/14/2019		3,722		—
USD	227,000	IDR	3,299,131,527	BNP Paribas SA	6/19/2019		—		(1,796	)
USD	1,142,598	INR	82,472,693	BNP Paribas SA	6/19/2019		—		(33,383	)
USD	620,000	INR	45,571,147	HSBC Bank USA	10/18/2019		—		(21,154	)
USD	641,841	JPY	70,800,000	Citibank N.A.	4/2/2019		3,025		—
USD	807,352	JPY	89,671,000	Goldman Sachs Bank USA	4/3/2019		—		(1,797	)
USD	615,624	JPY	67,698,000	Standard Chartered Bank	4/3/2019		4,749		—
USD	68,703	JPY	7,600,000	Bank of America, N.A.	5/15/2019		—		(114	)
USD	1,573,544	JPY	173,200,000	HSBC Bank USA	5/15/2019		5,249		—
USD	278,219	JPY	30,756,989	Morgan Stanley and Company International PLC	5/15/2019		—		(280	)
USD	1,684,385	JPY	184,900,000	Royal Bank of Canada	5/15/2019		10,149		—
USD	705,711	KRW	800,206,050	HSBC Bank USA	4/5/2019		1,249		—
USD	3,146,494	MXN	60,614,718	Citibank N.A.	4/15/2019		30,198		—
USD	384,571	MXN	7,500,000	JPMorgan Chase Bank N.A.	4/15/2019		—		(1,016	)
USD	381,261	MXN	7,500,000	Goldman Sachs Bank USA	6/26/2019		65		—
USD	1,272,257	MXN	25,323,000	HSBC Bank USA	6/26/2019		—		(14,814	)
USD	720,799	MXN	14,209,000	Citibank N.A.	8/14/2019		3,995		—
USD	810,539	NOK	7,004,000	Citibank N.A.	4/3/2019		—		(1,557	)
USD	1,220,038	NOK	10,435,000	JPMorgan Chase Bank N.A.	4/3/2019		10,126		—
USD	947,440	NOK	8,235,000	Citibank N.A.	5/15/2019		—		(8,941	)

78

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Global Bond Trust (continued)

FORWARD FOREIGN CURRENCY CONTRACTS (continued)

					Contractual
					settlement	Unrealized		Unrealized
Contract to buy		Contract to sell		Counterparty (OTC)	date	appreciation		depreciation
USD	789,947	NZD	1,155,000	JPMorgan Chase Bank N.A.	4/2/2019	$	3,393		—
USD	806,454	NZD	1,176,000	JPMorgan Chase Bank N.A.	4/3/2019		5,581		—
USD	201,422	NZD	296,000	Standard Chartered Bank	4/3/2019		—	($	158	)
USD	21,499	PEN	71,692	BNP Paribas SA	4/10/2019		—		(101	)
USD	840,000	PEN	2,785,774	Citibank N.A.	4/26/2019		1,517		—
USD	158,464	PLN	592,000	HSBC Bank USA	4/15/2019		4,208		—
USD	2,024,179	SEK	18,800,000	JPMorgan Chase Bank N.A.	4/3/2019		1,938		—
USD	238,504	SEK	2,215,000	Bank of America, N.A.	5/15/2019		—		(501	)
USD	8,518,338	SEK	78,363,835	HSBC Bank USA	5/15/2019		62,642		—
USD	81,750	SEK	755,000	JPMorgan Chase Bank N.A.	5/15/2019		283		—
USD	60,846	SEK	565,000	Morgan Stanley and Company International PLC	5/15/2019		—		(119	)
USD	257,892	TRY	1,448,420	BNP Paribas SA	4/15/2019		3,510		—
USD	516,787	TRY	2,982,304	JPMorgan Chase Bank N.A.	4/15/2019		—		(6,986	)
USD	117,500	TRY	685,848	JPMorgan Chase Bank N.A.	5/15/2019		—		(83	)
USD	200,403	TRY	1,162,711	NatWest Markets PLC	5/15/2019		1,067		—
USD	92,703	TRY	538,000	BNP Paribas SA	6/7/2019		2,016		—
USD	543,889	TWD	16,707,194	Standard Chartered Bank	6/19/2019		896		—
ZAR	11,278,000	USD	780,162	Goldman Sachs Bank USA	5/9/2019		—		(1,969	)
						$	2,159,649	($	1,556,429	)

WRITTEN OPTIONS

Options on exchange-traded futures contracts

	Exercise			Expiration	Number of		Notional
Name of issuer	price			date	contracts		amount		Premium		Value
Calls
10-Year U.S. Treasury Note Futures		USD	125.00	Apr 2019		14		14,000	$	4,139	$	(4,047	)
Euro BUND Futures		EUR	164.00	Apr 2019		6		600,000		3,067		(16,532	)
Euro BUND Futures		EUR	165.00	May 2019		7		700,000		5,176		(14,684	)
Euro BUND Futures		EUR	165.50	May 2019		7		700,000		4,634		(12,020	)
									$	17,016	$	(47,283	)
Puts
10-Year U.S. Treasury Note Futures		USD	123.00	Apr 2019		14		14,000		1,733		(1,422	)
Euro BUND Futures		EUR	161.50	May 2019		14		1,400,000		5,370		(996	)
									$	7,103	$	(2,418	)
									$	24,119	$	(49,701	)

Foreign currency options

		Exercise			Expiration		Notional
Description	Counterparty (OTC)	price			date		amount*		Premium		Value
Calls
Euro versus Turkish Lira	Citibank N.A.		EUR	6.84		Jun 2019		480,000	$	7,993	$	(24,296	)
Euro versus Turkish Lira	Nomura Global Financial Products, Inc.		EUR	7.30		Sep 2019		445,000		12,474		(35,846	)
U.S. Dollar versus Chinese Yuan Renminbi	Morgan Stanley		USD	6.78		Apr 2019		1,000,000		2,545		(1,007	)
U.S. Dollar versus Chinese Yuan Renminbi	HSBC Bank USA		USD	6.80		Apr 2019		1,000,000		2,375		(1,626	)
									$	25,387	$	(62,775	)
Puts
British Pound versus U.S. Dollar	Citibank N.A.		GBP	1.32		Jun 2019		700,000		22,220		(20,978	)
U.S. Dollar versus Chinese Yuan Renminbi	Morgan Stanley		USD	6.67		Apr 2019		1,000,000		2,545		(1,029	)
U.S. Dollar versus Chinese Yuan Renminbi	HSBC Bank USA		USD	6.70		Apr 2019		1,000,000		2,565		(3,526	)
U.S. Dollar versus Indian Rupee	HSBC Bank USA		USD	72.00		Oct 2019		900,000		17,258		(26,420	)
U.S. Dollar versus Indian Rupee	HSBC Bank USA		USD	72.00		Oct 2019		200,000		3,785		(5,871	)
U.S. Dollar versus Mexican Peso	Morgan Stanley		USD	18.50		May 2019		830,000		4,225		(1,103	)
									$	52,598	$	(58,927	)
									$	77,985	$	(121,702	)

* For this type of option, notional amounts are equivalent to number of contracts.

79

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Global Bond Trust (continued)

Interest rate swaptions

		Floating		Pay/receive
		rate		floating		Exercise			Expiration		Notional
Description	Counterparty (OTC)	index		rate		rate			date		amount*			Premium		Value
Calls
5-Year Interest Rate Swap	Goldman Sachs & Company LLC		3 month USD LIBOR		Receive		2.460	%		Apr 2019		USD	400,000	$	740	$	(3,232	)
5-Year Interest Rate Swap	Merrill Lynch, Pierce, Fenner & Smith, Inc.		3 month USD LIBOR		Receive		2.460	%		Apr 2019		USD	1,800,000		3,132		(14,543	)
														$	3,872	$	(17,775	)
Puts
5-Year Interest Rate Swap	Goldman Sachs & Company LLC		3 month USD LIBOR		Pay		2.760	%		Apr 2019		USD	400,000		520		—
5-Year Interest Rate Swap	Merrill Lynch, Pierce, Fenner & Smith, Inc.		3 month USD LIBOR		Pay		2.760	%		Apr 2019		USD	1,800,000		2,772		—
														$	3,292		—
														$	7,164	$	(17,775	)

* For this type of option, notional amounts are equivalent to number of contracts.

Credit default swaptions

	Counterparty			Buy/sell		Exercise			Expiration		Notional
Description	(OTC)	Index		protection		rate			date		amount*			Premium		Value
Puts
5-Year Credit Default Swap	BNP Paribas SA		CDX.NA.IG.31		Sell		1.000	%		Apr 2019		USD	400,000	$	420	$	(1	)
5-Year Credit Default Swap	Citibank N.A.		CDX.NA.IG.31		Sell		1.000	%		Apr 2019		USD	400,000		388		(1	)
5-Year Credit Default Swap	Citibank N.A.		CDX.NA.IG.31		Sell		1.050	%		Apr 2019		USD	500,000		475		(1	)
5-Year Credit Default Swap	Goldman Sachs International		CDX.NA.IG.31		Sell		1.100	%		Apr 2019		USD	1,200,000		1,068		(2	)
5-Year Credit Default Swap	Citibank N.A.		CDX.NA.IG.31		Sell		1.100	%		May 2019		USD	400,000		392		(17	)
5-Year Credit Default Swap	Merrill Lynch, Pierce, Fenner & Smith, Inc.		CDX.NA.IG.31		Sell		1.200	%		May 2019		USD	400,000		400		(13	)
5-Year Credit Default Swap	BNP Paribas SA		CDX.NA.IG.32		Sell		0.950	%		Jun 2019		USD	1,200,000		1,100		(617	)
5-Year Credit Default Swap	Goldman Sachs International		CDX.NA.IG.31		Sell		1.000	%		Jun 2019		USD	400,000		370		(88	)
5-Year Credit Default Swap	Merrill Lynch, Pierce, Fenner & Smith, Inc.		CDX.NA.IG.32		Sell		0.950	%		Jun 2019		USD	500,000		495		(257	)
5-Year Credit Default Swap	Goldman Sachs International		CDX.NA.IG.31		Sell		2.400	%		Sep 2019		USD	500,000		850		(17	)
5-Year Credit Default Swap	Goldman Sachs International		iTraxx Europe Series 30 Version 1		Sell		2.400	%		Sep 2019		EUR	500,000		966		(35	)
														$	6,924	$	(1,049	)

* For this type of option, notional amounts are equivalent to number of contracts.

Inflation floors

Description

Counterparty (OTC)

Initial index

Exercise index

Expiration date

Notional amount*

Premium

Value

Floor- CPURNSA Index

Citibank N.A.

217.965

Maximum of ((1+0.0%)10 - (Final Index/Index Initial)) or $ 0

Sep 2020

USD 2,000,000

$

25,800

—

$

25,800

—

* For this type of option, notional amounts are equivalent to number of contracts.

SWAPS

Interest rate swaps

Unamortized

Fixed

Floating

upfront

Unrealized

Counterparty (OTC)/

Notional

Payments

Payments

payment

payment

Maturity

payment paid

appreciation

Centrally cleared

amount

Currency

made

received

frequency

frequency

date

(received)

(depreciation)

Value

BNP Paribas SA

1,200,000

ILS

ILS TELBOR Reuters

Fixed 1.180%

Annual

Quarterly

Jan 2024

—

$

5,299

$

5,299

Goldman Sachs Bank USA

1,389,000,000

KRW

KRW CD KSDA Bloomberg

Fixed 1.785%

Quarterly

Quarterly

Mar 2029

—

18,137

18,137

Nomura Global Financial Products, Inc.

1,250,000,000

KRW

KRW CD KSDA Bloomberg

Fixed 1.725%

Quarterly

Quarterly

Mar 2024

—

6,240

6,240

Standard Chartered Bank

216,000,000

KRW

KRW CD KSDA Bloomberg

Fixed 1.795%

Quarterly

Quarterly

Mar 2029

—

3,123

3,123

—

$

32,799

$

32,799

Centrally cleared

64,900,000

BRL

Fixed 6.450%

BRL CDI

Annual

Annual

Jan 2020

$

(807

)

7,834

7,027

Centrally cleared

40,800,000

BRL

Fixed 6.370%

BRL CDI

Annual

Annual

Jan 2020

(24

)

10,741

10,717

Centrally cleared

1,820,000

NZD

NZD BBR FRA

Fixed 2.500%

Semi-Annual

Quarterly

Feb 2020

1,531

7,622

9,153

Centrally cleared

14,400,000

USD

1 month LIBOR + 0.117%

3 month LIBOR

Quarterly

Quarterly

Mar 2020

—

(365

)

(365

)

Centrally cleared

68,000,000

USD

Fixed 1.750%

USD LIBOR BBA

Semi-Annual

Quarterly

Jun 2020

812,141

(452,610

)

359,531

Centrally cleared

16,600,000

GBP

GBP LIBOR BBA

Fixed 1.500%

At Maturity

Quarterly

Dec 2020

47,059

94,347

141,406

Centrally cleared

900,000

BRL

BRL CDI

Fixed 8.880%

At Maturity

At Maturity

Jan 2021

853

9,003

9,856

Centrally cleared

11,200,000

GBP

GBP LIBOR BBA

Fixed 1.000%

Semi-Annual

Semi-Annual

Sep 2021

(40,689

)

54,972

14,283

80

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Global Bond Trust (continued)

Interest rate swaps (continued)

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		12,800,000	EUR	EUR EURIBOR Reuters	Fixed 0.000%	Annual	Semi-Annual	Sep 2021	$	32,894		$	13,935		$	46,829
Centrally cleared		16,600,000	GBP	Fixed 1.500%	GBP LIBOR BBA	At Maturity	Quarterly	Dec 2021		(7,255	)		(111,047	)		(118,302	)
Centrally cleared		29,600,000	USD	1 month LIBOR + 0.084%	3 month LIBOR	Quarterly	Quarterly	Apr 2022		—			(41	)		(41	)
Centrally cleared		7,000,000	USD	1 month LIBOR + 0.084%	3 month LIBOR	Quarterly	Quarterly	Jun 2022		—			3,947			3,947
Centrally cleared		4,900,000	USD	1 month LIBOR + 0.070%	3 month LIBOR	Quarterly	Quarterly	Jun 2022		—			4,690			4,690
Centrally cleared		25,500,000	USD	1 month LIBOR + 0.085%	3 month LIBOR	Quarterly	Quarterly	Jun 2022		(1,231	)		15,547			14,316
Centrally cleared		8,600,000	MXN	MXN TIIE Banxico	Fixed 5.825%	Monthly	Monthly	Jan 2023		(30,090	)		(61	)		(30,151	)
Centrally cleared		16,300,000	USD	1 month LIBOR + 0.073%	3 month LIBOR	Quarterly	Quarterly	Apr 2023		—			(214	)		(214	)
Centrally cleared		15,200,000	USD	Fixed 2.000%	USD LIBOR BBA	Semi-Annual	Quarterly	Jun 2023		60,828			41,573			102,401
Centrally cleared		8,200,000	ZAR	ZAR JIBAR SAFEX	Fixed 7.250%	Quarterly	Quarterly	Jun 2023		2,957			(5,059	)		(2,102	)
Centrally cleared		25,200,000	USD	USD LIBOR BBA	Fixed 2.750%	Semi-Annual	Quarterly	Dec 2023		(477,879	)		993,670			515,791
Centrally cleared		54,200,000	USD	Fixed 1.750%	USD LIBOR BBA	Semi-Annual	Quarterly	Dec 2023		943,530			127,735			1,071,265
Centrally cleared		1,620,000,000	JPY	JPY LIBOR BBA	Fixed 0.100%	Semi-Annual	Semi-Annual	Mar 2024		(44,880	)		153,392			108,512
Centrally cleared		2,700,000	USD	USD LIBOR BBA	Fixed 3.000%	Semi-Annual	Quarterly	Jun 2024		73,935			17,565			91,500
Centrally cleared		11,400,000	USD	USD LIBOR BBA	Fixed 3.000%	Semi-Annual	Quarterly	Jun 2024		247,208			145,056			392,264
Centrally cleared		15,300,000	EUR	EUR EURIBOR Reuters	Fixed 0.250%	Annual	Semi-Annual	Sep 2024		63,813			83,342			147,155
Centrally cleared		6,200,000	GBP	Fixed 1.250%	GBP LIBOR BBA	Semi-Annual	Semi-Annual	Sep 2024		14,265			(83,420	)		(69,155	)
Centrally cleared		1,200,000	USD	Fixed 2.696%	USD Federal Funds Rate Compounded OIS	Annual	Annual	Apr 2025		—			(51,331	)		(51,331	)
Centrally cleared		1,200,000	USD	Fixed 2.684%	USD Federal Funds Rate Compounded OIS	Annual	Annual	Apr 2025		(33	)		(50,181	)		(50,214	)
Centrally cleared		1,200,000	USD	Fixed 2.673%	USD Federal Funds Rate Compounded OIS	Annual	Annual	Apr 2025		—			(49,309	)		(49,309	)
Centrally cleared		1,900,000	USD	Fixed 3.000%	USD LIBOR BBA	Semi-Annual	Quarterly	Jun 2026		(54,300	)		(29,552	)		(83,852	)
Centrally cleared		445,000,000	JPY	Fixed 0.380%	JPY LIBOR BBA	Semi-Annual	Semi-Annual	Jun 2028		(95,137	)		(26,720	)		(121,857	)
Centrally cleared		3,600,000	USD	USD LIBOR BBA	Fixed 3.200%	Semi-Annual	Quarterly	Oct 2028		(12,050	)		286,718			274,668
Centrally cleared		3,200,000	USD	Fixed 3.000%	USD LIBOR BBA	Semi-Annual	Quarterly	Dec 2028		40,252			(226,232	)		(185,980	)
Centrally cleared		900,000	USD	Fixed 3.000%	USD LIBOR BBA	Semi-Annual	Quarterly	Dec 2028		(23,972	)		(30,046	)		(54,018	)
Centrally cleared		2,900,000	CZK	CZK PRIBOR PRBO	Fixed 1.913%	Annual	Semi-Annual	Jan 2029		—			1,632			1,632
Centrally cleared		4,600,000	EUR	EUR EURIBOR Reuters	Fixed 1.000%	Annual	Semi-Annual	Mar 2029		(21,956	)		40,976			19,020
Centrally cleared		1,191,000,000	JPY	Fixed 0.450%	JPY LIBOR BBA	Semi-Annual	Semi-Annual	Mar 2029		(111,929	)		(276,183	)		(388,112	)
Centrally cleared		9,800,000	EUR	EUR EURIBOR Reuters	Fixed 1.000%	Annual	Semi-Annual	Jun 2029		22,889			518,495			541,384
Centrally cleared		1,700,000	GBP	GBP LIBOR BBA	Fixed 1.500%	Semi-Annual	Semi-Annual	Jun 2029		13,149			48,799			61,948
Centrally cleared		4,700,000	USD	Fixed 3.000%	USD LIBOR BBA	Semi-Annual	Quarterly	Jun 2029		(71,143	)		(177,789	)		(248,932	)
Centrally cleared		5,100,000	CAD	CAD BA CDOR	Fixed 2.500%	Semi-Annual	Semi-Annual	Dec 2056		55,839			89,127			144,966
Centrally cleared		100,000	USD	Fixed 3.000%	USD LIBOR BBA	Semi-Annual	Quarterly	Jun 2029		(2,143	)		(2,945	)		(5,088	)
Centrally cleared		12,050,000	EUR	EUR EURIBOR Reuters	Fixed 0.750%	Annual	Semi-Annual	Sep 2029		105,730			167,946			273,676
Centrally cleared		400,000	GBP	GBP LIBOR BBA	Fixed 1.500%	Semi-Annual	Semi-Annual	Sep 2029		2,926			10,936			13,862
Centrally cleared		70,000,000	JPY	JPY LIBOR BBA	Fixed 1.500%	Semi-Annual	Semi-Annual	Jun 2033		20,863			95,412			116,275
Centrally cleared		2,100,000	USD	Fixed 2.750%	USD LIBOR BBA	Semi-Annual	Quarterly	Dec 2047		(77,965	)		4,098			(73,867	)
Centrally cleared		90,000,000	JPY	JPY LIBOR BBA	Fixed 1.000%	Semi-Annual	Semi-Annual	Mar 2048		66,592			41,712			108,304
Centrally cleared		4,300,000	USD	Fixed 2.500%	USD LIBOR BBA	Semi-Annual	Quarterly	Jun 2048		458,556			(380,509	)		78,047
Centrally cleared		2,000,000	CAD	CAD BA CDOR	Fixed 2.750%	Semi-Annual	Semi-Annual	Dec 2048		(12,599	)		159,020			146,421
Centrally cleared		100,000	USD	USD LIBOR BBA	Fixed 3.000%	Semi-Annual	Quarterly	Dec 2048		1,663			7,153			8,816
Centrally cleared		12,000,000	JPY	JPY LIBOR BBA	Fixed 0.724%	Semi-Annual	Semi-Annual	Jan 2049		—			6,186			6,186
Centrally cleared		700,000	CAD	CAD BA CDOR	Fixed 2.565%	Semi-Annual	Semi-Annual	Mar 2049		(7	)		28,955			28,948
					EUR EURIBOR
Centrally cleared		2,850,000	EUR	Fixed 1.250%	Reuters	Annual	Semi-Annual	Sep 2049		(11,245	)		(126,704	)		(137,949	)
Centrally cleared		1,200,000	GBP	GBP LIBOR BBA	Fixed 1.500%	Semi-Annual	Semi-Annual	Sep 2049		(19,178	)		75,787			56,609
Centrally cleared		700,000	USD	Fixed 2.953%	USD LIBOR BBA	Semi-Annual	Quarterly	Nov 2049		—			(50,248	)		(50,248	)
									$	1,972,961		$	1,237,357		$	3,210,318
									$	1,972,961		$	1,270,156		$	3,243,117

Credit default swaps - Buyer

Unamortized

Counterparty

upfront

(OTC)/

USD

Pay

Fixed

payment

Unrealized

Centrally

Reference

Notional

notional

fixed

payment

Maturity

paid

appreciation

cleared

obligation

amount

Currency

amount

rate

frequency

date

(received)

(depreciation)

Value

Bank of America N.A.

Government of Japan

300,000

USD

$

300,000

1.000

%

Quarterly

Jun 2022

$(6,764)

$

(1,779

)

$

(8,543

)

BNP Paribas SA

Commerzbank AG

1,200,000

EUR

1,307,340

1.000

%

Quarterly

Jun 2022

39,334

(30,149

)

9,185

81

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Global Bond Trust (continued)

Credit default swaps – Buyer (continued)

												Unamortized
Counterparty												upfront
(OTC)/					USD		Pay			Fixed		payment			Unrealized
Centrally	Reference	Notional			notional		fixed			payment	Maturity	paid			appreciation
cleared	obligation	amount		Currency	amount		rate			frequency	date	(received)			(depreciation)			Value
BNP Paribas SA	Government of Japan		2,300,000	USD		2,300,000		1.000	%	Quarterly	Jun 2022	$	(52,746	)	$	(12,748	)	$	(65,494	)
BNP Paribas SA	Republic of Korea		1,900,000	USD		1,900,000		1.000	%	Quarterly	Jun 2023		(39,566	)		(17,717	)		(57,283	)
Citibank N.A.	Government of Japan		600,000	USD		600,000		1.000	%	Quarterly	Jun 2022		(13,584	)		(3,501	)		(17,085	)
Goldman Sachs International	People’s Republic of China		1,700,000	USD		1,700,000		1.000	%	Quarterly	Jun 2023		(27,806	)		(16,642	)		(44,448	)
HSBC Bank USA	Republic of Korea		900,000	USD		900,000		1.000	%	Quarterly	Jun 2023		(19,019	)		(8,116	)		(27,135	)
					$	9,007,340						$	(120,151	)	$	(90,652	)	$	(210,803	)
Centrally cleared	BASF SE		400,000	EUR		425,960		1.000	%	Quarterly	Dec 2020		(4,408	)		(2,854	)		(7,262	)
Centrally cleared	Fortum OYJ		200,000	EUR		212,510		1.000	%	Quarterly	Dec 2020		(1,366	)		(1,763	)		(3,129	)
Centrally cleared	Reynolds American, Inc.		1,600,000	USD		1,600,000		1.000	%	Quarterly	Dec 2020		(20,051	)		(2,780	)		(22,831	)
Centrally cleared	United Utilities PLC		200,000	EUR		216,950		1.000	%	Quarterly	Dec 2020		(1,442	)		(1,838	)		(3,280	)
Centrally cleared	CDX.NA.IG.31		15,300,000	USD		15,300,000		1.000	%	Quarterly	Dec 2023		(239,713	)		(120,464	)		(360,177	)
	iTraxx Europe Series 30
Centrally cleared	Version 1		9,900,000	EUR		11,301,840		1.000	%	Quarterly	Dec 2023		(93,733	)		(119,371	)		(213,104	)
					$	29,057,260						$	(360,713	)	$	(249,070	)	$	(609,783	)
					$	38,064,600						$	(480,864	)	$	(339,722	)	$	(820,586	)

Credit default swaps – Seller

															Unamortized
Counterparty															upfront
(OTC)/		Implied						USD		Received			Fixed		payment			Unrealized
Centrally	Reference	credit			Notional			notional		fixed			payment	Maturity	paid			appreciation
cleared	obligation	spread			amount		Currency	amount		rate			frequency	date	(received)			(depreciation)			Value
Credit Suisse Securities (USA) LLC	Deutsche Bank AG		0.770	%		600,000	EUR	$	680,370		1.000	%	Quarterly	Dec 2019	$	(3,295	)	$	5,745		$	2,450
Goldman Sachs International	Republic of South Africa		1.987	%		500,000	USD		500,000		1.000	%	Quarterly	Jun 2024		(22,048	)		(1,199	)		(23,247	)
JPMorgan Chase Bank N.A.	A.P. Moller – Maersk A/S		0.745	%		1,300,000	EUR		1,534,064		1.000	%	Quarterly	Jun 2022		(4,806	)		24,111			19,305
								$	2,714,434						$	(30,149	)	$	28,657		$	(1,492	)
Centrally cleared	Daimler AG		0.375	%		200,000	EUR		245,260		1.000	%	Quarterly	Dec 2020		2,111			830			2,941
Centrally cleared	Exelon Generation Company LLC		0.749	%		1,500,000	USD		1,500,000		1.000	%	Quarterly	Jun 2022		(25,430	)		49,343			23,913
Centrally cleared	CDX.EM.30		1.707	%		100,000	USD		100,000		1.000	%	Quarterly	Dec 2023		(4,287	)		890			(3,397	)
Centrally cleared	Tesco PLC		1.583	%		1,000,000	EUR		1,223,300		1.000	%	Quarterly	Jun 2025		(28,997	)		(12,246	)		(41,243	)
Centrally cleared	Royal Dutch Shell PLC		0.619	%		700,000	EUR		738,745		1.000	%	Quarterly	Dec 2026		(15,435	)		42,249			26,814
								$	3,807,305						$	(72,038	)	$	81,066		$	9,028
								$	6,521,739						$	(102,187	)	$	109,723		$	7,536

Total return swaps

Pay/ receive total return*	Reference entity	Floating rate	Payment frequency	Currency	Notional amount/ contract amount		Maturity date	Counterparty (OTC)	Unamortized upfront payment paid (received)		Unrealized appreciation (depreciation)			Value
Pay	iBoxx $ Liquid Investment Grade Index	3-Month USD LIBOR	Quarterly	USD		500,000	Jun 2019	Goldman Sachs International		—	$	(9,414	)	$	(9,414	)
Pay	iBoxx $ Liquid Investment Grade Index	3-Month USD LIBOR	Quarterly	USD		700,000	Sep 2019	Goldman Sachs International		—		(13,765	)		(13,765	)
										—	$	(23,179	)	$	(23,179	)

* 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.

82

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Global Bond Trust (continued)

Currency swaps

							Notional			Notional			Unamortized
							amount of			amount of			upfront		Unrealized
			Payment		Maturity		currency			currency			payment		appreciation
Counterparty (OTC)	Receive	Pay	frequency		date		received			delivered			paid		(depreciation)			Value
Citibank N.A.	Floating rate equal to 3 Month EURIBOR less 0.270% based on the notional amount of the currency received	Floating rate equal to 3 Month USD LIBOR based on the notional amount of the currency delivered		Quarterly		Jun 2019		EUR	12,400,000		USD	14,034,320	$	248,613	$	(379,950	)	$	(131,337	)
Goldman Sachs International	Floating rate equal to 3 Month EURIBOR less 0.299% based on the notional amount of the currency received	Floating rate equal to 3 Month USD LIBOR based on the notional amount of the currency delivered		Quarterly		Jun 2019		EUR	18,000,000		USD	20,372,400		431,990		(624,137	)		(192,147	)
Morgan Stanley Capital Services LLC	Floating rate equal to 3 Month EURIBOR less 0.270% based on the notional amount of the currency received	Floating rate equal to 3 Month USD LIBOR based on the notional amount of the currency delivered		Quarterly		Jun 2019		EUR	26,700,000		USD	30,219,060		531,949		(814,746	)		(282,797	)
													$	1,212,552	$	(1,818,833	)	$	(606,281	)

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
DKK	Danish Krone
EUR	Euro
GBP	Pound Sterling
HKD	Hong Kong Dollar
HUF	Hungarian Forint
IDR	Indonesian Rupiah
ILS	Israeli New Shekel
INR	Indian Rupee
JPY	Japanese Yen
KRW	Korean Won
MXN	Mexican Peso
MYR	Malaysian Ringgit
NOK	Norwegian Krone
NZD	New Zealand Dollar
PEN	Peruvian Nuevo Sol
PLN	Polish Zloty
RON	Romanian New Leu
SEK	Swedish Krona
SGD	Singapore Dollar
THB	Thai Bhat
TRY	Turkish Lira
TWD	New Taiwan Dollar
USD	U.S. Dollar
ZAR	South African Rand

83

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Global Bond Trust (continued)

Derivatives Abbreviations

BBA	The British Banker’s Association
BBR	Bank Bill Rate
CDI	Brazil Interbank Deposit Rate
CDOR	Canadian Dollar Offered Rate
EURIBOR	Euro Interbank Offered Rate
JIBAR	Johannesburg Interbank Agreed Rate
KSDA	Korea Securities Dealers Association
LIBOR	London Interbank Offered Rate
OIS	Overnight Index Swap
OTC	Over-the-counter
PRIBOR	Prague Interbank Offered Rate
TELBOR	Tel Aviv Interbank Offered Rate
TIIE	Tasa de Interes Interbancario de Equilibrio (Interbank Equilibrium Interest Rate)

See Notes to Portfolio of Investments regarding investment transactions and other derivatives information.

Global Trust
	Shares or
	Principal
	Amount		Value
COMMON STOCKS – 97.8%
Canada – 2.0%
Husky Energy, Inc.		120,630	$	1,196,055
Wheaton Precious Metals Corp.		115,525		2,749,916
				3,945,971
China – 4.5%
Baidu, Inc., ADR (A)		16,160		2,663,976
China Life Insurance Company, Ltd., H Shares		1,227,710		3,310,069
China Telecom Corp., Ltd., ADR (B)		48,010		2,689,040
China Telecom Corp., Ltd., H Shares		356,900		198,588
				8,861,673
Denmark – 2.0%
A.P. Moller – Maersk A/S, Series B		1,540		1,952,486
Vestas Wind Systems A/S		24,210		2,040,569
				3,993,055
France – 7.3%
BNP Paribas SA		79,928		3,803,648
Cie de Saint-Gobain		33,340		1,208,880
Credit Agricole SA		167,298		2,019,955
Sanofi		44,494		3,934,363
Veolia Environnement SA		149,170		3,337,529
				14,304,375
Germany – 5.7%
Bayer AG		52,240		3,363,849
E.ON SE		207,760		2,312,013
Merck KGaA		23,262		2,655,858
Siemens AG		26,789		2,880,969
				11,212,689
Hong Kong – 4.1%
China Mobile, Ltd.		247,250		2,523,021
CK Hutchison Holdings, Ltd.		251,040		2,639,775
Kunlun Energy Company, Ltd.		2,475,550		2,591,359
Value Partners Group, Ltd.		342,600		266,956
				8,021,111
India – 1.7%
Bharti Airtel, Ltd.		466,170		2,230,044
Hero MotoCorp, Ltd.		32,200		1,186,110
				3,416,154
Ireland – 1.0%
Bank of Ireland Group PLC		138,600		827,170
Perrigo Company PLC		22,700		1,093,232
				1,920,402

Global Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
Israel – 1.4%
Teva Pharmaceutical Industries, Ltd., ADR (A)		181,760	$	2,849,997
Italy – 2.0%
Eni SpA		224,262		3,962,399
Japan – 7.1%
Mitsui Fudosan Company, Ltd.		91,210		2,297,721
Panasonic Corp.		247,870		2,137,160
Seven & i Holdings Company, Ltd.		54,500		2,056,296
Sumitomo Mitsui Financial Group, Inc.		27,500		963,015
Suntory Beverage & Food, Ltd.		40,300		1,895,370
Taiheiyo Cement Corp.		33,920		1,132,892
Takeda Pharmaceutical Company, Ltd.		84,660		3,467,017
				13,949,471
Luxembourg – 1.7%
SES SA		219,163		3,410,071
Netherlands – 5.7%
Aegon NV		395,006		1,897,405
Akzo Nobel NV		11,295		1,003,378
ING Groep NV		274,866		3,330,649
Royal Dutch Shell PLC, B Shares		159,355		5,036,533
				11,267,965
Singapore – 2.0%
Singapore Telecommunications, Ltd.		1,792,250		4,001,583
South Korea – 3.0%
KB Financial Group, Inc., ADR		58,548		2,169,789
Samsung Electronics Company, Ltd.		92,890		3,663,854
				5,833,643
Spain – 0.9%
Telefonica SA		223,304		1,870,599
Sweden – 0.2%
Getinge AB, B Shares		31,772		370,510
Switzerland – 3.6%
Novartis AG		7,450		716,091
Roche Holding AG		15,162		4,177,963
UBS Group AG (A)		183,290		2,223,958
				7,118,012
Taiwan – 0.3%
Catcher Technology Company, Ltd.		78,520		606,586
Thailand – 1.5%
Bangkok Bank PCL		311,130		2,120,133
Bangkok Bank PCL, NVDR		126,340		825,091
				2,945,224

84

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Global Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
United Kingdom – 7.6%
BP PLC		552,738	$	4,013,714
HSBC Holdings PLC (B)		299,989		2,442,426
Kingfisher PLC		878,882		2,695,295
Man Group PLC		34,170		60,530
Standard Chartered PLC		477,298		3,679,196
Vodafone Group PLC		1,178,278		2,147,128
				15,038,289
United States – 32.5%
Advance Auto Parts, Inc.		3,984		679,392
Allergan PLC		25,608		3,749,267
Alphabet, Inc., Class A (A)		1,910		2,247,860
AmerisourceBergen Corp.		28,690		2,281,429
Amgen, Inc.		6,158		1,169,897
Apache Corp.		88,180		3,056,319
Capital One Financial Corp.		31,060		2,537,291
Cardinal Health, Inc.		35,190		1,694,399
Celgene Corp. (A)		21,070		1,987,744
Citigroup, Inc.		71,170		4,428,197
Comcast Corp., Class A		76,850		3,072,463
CommScope Holding Company, Inc. (A)		73,740		1,602,370
Coty, Inc., Class A		272,927		3,138,661
Eli Lilly & Company		12,800		1,660,928
Exxon Mobil Corp.		39,260		3,172,208
Gilead Sciences, Inc.		46,960		3,052,870
Kellogg Company		69,430		3,983,893
Mattel, Inc. (A)(B)		152,960		1,988,480
Navistar International Corp. (A)		68,960		2,227,408
Oracle Corp.		94,910		5,097,616
The Kroger Company		105,820		2,603,172
United Parcel Service, Inc., Class B		27,190		3,038,211
Walgreens Boots Alliance, Inc.		57,490		3,637,392
Wells Fargo & Company		40,870		1,974,838
				64,082,305
TOTAL COMMON STOCKS (Cost $202,260,844)			$	192,982,084
SECURITIES LENDING COLLATERAL – 2.5%
John Hancock Collateral Trust, 2.6031% (C)(D)		484,251		4,845,849
TOTAL SECURITIES LENDING COLLATERAL (Cost $4,846,041)			$	4,845,849
SHORT-TERM INVESTMENTS – 1.2%
U.S. Government Agency – 1.2%
Federal Home Loan Bank Discount Note 2.200%, 04/01/2019 *	$	2,400,000		2,400,000
TOTAL SHORT-TERM INVESTMENTS (Cost $2,400,000)			$	2,400,000
Total Investments (Global Trust) (Cost $209,506,885) – 101.5%			$	200,227,933
Other assets and liabilities, net – (1.5%)				(2,866,793	)
TOTAL NET ASSETS – 100.0%			$	197,361,140

Security Abbreviations and Legend
ADR	American 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 3-31-19. The value of securities on loan amounted to $4,576,725.
(C)	The rate shown is the annualized seven-day yield as of 3-31-19.
(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.

Health Sciences Trust
	Shares or
	Principal
	Amount		Value
COMMON STOCKS – 98.4%
Consumer discretionary – 0.1%
Specialty retail – 0.1%
JAND, Inc., Class A (A)(B)(C)		14,867	$	222,856
Health care – 98.3%
Biotechnology – 32.6%
Abcam PLC		32,779		485,257
Abeona Therapeutics, Inc. (C)		17,221		126,747
ACADIA Pharmaceuticals, Inc. (C)		59,205		1,589,654
Acceleron Pharma, Inc. (C)		30,917		1,439,805
Acerta Pharma BV, Class B (A)(B)(C)		4,276,305		378,881
Agios Pharmaceuticals, Inc. (C)		16,437		1,108,511
Aimmune Therapeutics, Inc. (C)		27,035		604,232
Alder Biopharmaceuticals, Inc. (C)		60,993		832,554
Alexion Pharmaceuticals, Inc. (C)		45,931		6,208,953
Alkermes PLC (C)		14,333		523,011
Allakos, Inc. (C)		7,235		293,018
Allogene Therapeutics, Inc. (C)		7,797		225,411
Alnylam Pharmaceuticals, Inc. (C)		14,300		1,336,335
Amarin Corp. PLC, ADR (C)		80,307		1,667,173
Amgen, Inc.		15,400		2,925,692
AnaptysBio, Inc. (C)		6,032		440,638
Apellis Pharmaceuticals, Inc. (C)		6,333		123,494
Argenx SE, ADR (C)		17,591		2,196,060
Array BioPharma, Inc. (C)		78,084		1,903,688
Ascendis Pharma A/S, ADR (C)		25,018		2,944,619
Atara Biotherapeutics, Inc. (C)		18,212		723,927
Audentes Therapeutics, Inc. (C)		10,074		393,087
Autolus Therapeutics PLC, ADR (C)		4,251		133,779
Avrobio, Inc. (C)		5,956		131,330
BeiGene, Ltd., ADR (C)		7,482		987,624
Biogen, Inc. (C)		7,829		1,850,619
BioMarin Pharmaceutical, Inc. (C)		30,593		2,717,576
Bluebird Bio, Inc. (C)		15,807		2,486,915
Blueprint Medicines Corp. (C)		18,752		1,501,098
Cara Therapeutics, Inc. (C)		15,547		305,032
CareDx, Inc. (C)		7,569		238,575
Celgene Corp. (C)		33,484		3,158,881
Corvus Pharmaceuticals, Inc. (C)		14,503		58,302
CRISPR Therapeutics AG (C)		7,600		271,472
CytomX Therapeutics, Inc. (C)		11,390		122,443
Denali Therapeutics, Inc. (C)		9,400		218,268
Dicerna Pharmaceuticals, Inc. (C)		13,578		198,918
Editas Medicine, Inc. (C)		3,834		93,741
Enanta Pharmaceuticals, Inc. (C)		12,723		1,215,301
Epizyme, Inc. (C)		7,591		94,052
Exact Sciences Corp. (C)		20,750		1,797,365
Exelixis, Inc. (C)		45,217		1,076,165
Fate Therapeutics, Inc. (C)		16,003		281,173
FibroGen, Inc. (C)		18,847		1,024,334
Five Prime Therapeutics, Inc. (C)		8,946		119,876
Forty Seven, Inc. (C)		5,922		95,700
G1 Therapeutics, Inc. (C)		15,444		256,370
Galapagos NV (C)		3,120		366,870
Global Blood Therapeutics, Inc. (C)		15,135		801,096
GlycoMimetics, Inc. (C)		22,854		284,761
Homology Medicines, Inc. (C)		10,030		278,132
ImmunoGen, Inc. (C)		16,732		45,344
Immunomedics, Inc. (C)		69,149		1,328,352
Incyte Corp. (C)		36,384		3,129,388
InflaRx NV (C)		1,455		54,984
Insmed, Inc. (C)		39,246		1,140,881
Intercept Pharmaceuticals, Inc. (C)		3,500		391,510
Ionis Pharmaceuticals, Inc. (C)		26,370		2,140,453
Iovance Biotherapeutics, Inc. (C)		40,834		388,331
Ironwood Pharmaceuticals, Inc. (C)		17,067		230,917
Krystal Biotech, Inc. (C)		3,109		102,286

85

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Health Sciences Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
Biotechnology (continued)
Madrigal Pharmaceuticals, Inc. (C)		1,752	$	219,456
Minerva Neurosciences, Inc. (C)		22,176		174,303
Mirati Therapeutics, Inc. (C)		7,100		520,430
Moderna, Inc. (C)		848		17,257
Momenta Pharmaceuticals, Inc. (C)		20,639		299,885
Myovant Sciences, Ltd. (C)		16,159		385,715
Neurocrine Biosciences, Inc. (C)		32,764		2,886,508
Orchard Therapeutics PLC, ADR (C)		14,115		252,376
PhaseBio Pharmaceuticals, Inc. (C)		12,843		122,137
Principia Biopharma, Inc. (C)		6,362		216,308
ProQR Therapeutics NV (C)		9,700		134,539
PTC Therapeutics, Inc. (C)		27,110		1,020,420
Puma Biotechnology, Inc. (C)		14,700		570,213
Regeneron Pharmaceuticals, Inc. (C)		11,700		4,804,254
REGENXBIO, Inc. (C)		12,400		710,644
Rhythm Pharmaceuticals, Inc. (C)		7,091		194,364
Rocket Pharmaceuticals, Inc. (C)		9,593		168,261
Sage Therapeutics, Inc. (C)		44,312		7,047,824
Sarepta Therapeutics, Inc. (C)		30,065		3,583,447
Scholar Rock Holding Corp. (C)		5,387		101,222
Seattle Genetics, Inc. (C)		22,448		1,644,092
Stemline Therapeutics, Inc. (C)		18,739		240,796
Tocagen, Inc. (C)		13,170		143,158
Ultragenyx Pharmaceutical, Inc. (C)		20,308		1,408,563
Vertex Pharmaceuticals, Inc. (C)		62,966		11,582,596
Xencor, Inc. (C)		34,880		1,083,373
Y-mAbs Therapeutics, Inc. (C)		8,346		218,749
Zai Lab, Ltd., ADR (C)		3,797		112,049
Zeneca, Inc. (B)(C)		13,151		8,088
				99,459,988
Health care equipment and supplies – 22.9%
ABIOMED, Inc. (C)		2,059		588,030
Align Technology, Inc. (C)		3,301		938,573
AtriCure, Inc. (C)		15,800		423,282
Becton, Dickinson and Company		55,006		13,736,648
Danaher Corp.		46,487		6,137,214
DexCom, Inc. (C)		9,310		1,108,821
GenMark Diagnostics, Inc. (C)		56,834		402,953
Hologic, Inc. (C)		75,400		3,649,360
ICU Medical, Inc. (C)		6,963		1,666,455
Insulet Corp. (C)		7,800		741,702
Integer Holdings Corp. (C)		2,300		173,466
Intuitive Surgical, Inc. (C)		28,001		15,976,811
Lantheus Holdings, Inc. (C)		23,644		578,805
Nevro Corp. (C)		14,900		931,399
Novocure, Ltd. (C)		23,000		1,107,910
NuVasive, Inc. (C)		7,400		420,246
Penumbra, Inc. (C)		8,229		1,209,745
Quidel Corp. (C)		20,029		1,311,299
Shockwave Medical, Inc. (C)		4,275		143,084
SI-BONE, Inc. (C)		5,910		111,344
Stryker Corp.		43,341		8,560,714
Tandem Diabetes Care, Inc. (C)		3,700		234,950
Teleflex, Inc.		8,435		2,548,720
The Cooper Companies, Inc.		9,835		2,912,832
ViewRay, Inc. (C)		23,885		176,510
West Pharmaceutical Services, Inc.		15,910		1,753,282
Wright Medical Group NV (C)		47,328		1,488,462
Zimmer Biomet Holdings, Inc.		5,850		747,045
				69,779,662
Health care providers and services – 18.7%
Acadia Healthcare Company, Inc. (C)		18,416		539,773
Anthem, Inc.		31,100		8,925,078
Centene Corp. (C)		80,218		4,259,576
Cigna Corp.		40,920		6,580,754

Health Sciences Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
Health care providers and services (continued)
Covetrus, Inc. (C)		9,600	$	305,760
DaVita, Inc. (C)		5,126		278,291
Guardant Health, Inc. (C)		6,194		475,080
HCA Healthcare, Inc.		43,107		5,620,291
Humana, Inc.		14,646		3,895,836
Molina Healthcare, Inc. (C)		13,609		1,931,934
Patterson Companies, Inc.		13,000		284,050
UnitedHealth Group, Inc.		80,490		19,901,957
Universal Health Services, Inc., Class B		4,653		622,432
WellCare Health Plans, Inc. (C)		13,357		3,603,051
				57,223,863
Health care technology – 0.4%
HTG Molecular Diagnostics, Inc. (C)		38,859		97,148
Inspire Medical Systems, Inc. (C)		3,863		219,341
Teladoc Health, Inc. (C)		14,500		806,200
				1,122,689
Life sciences tools and services – 7.2%
Agilent Technologies, Inc.		76,712		6,166,111
Bruker Corp.		35,302		1,357,009
Illumina, Inc. (C)		7,026		2,182,908
Lonza Group AG (C)		1,535		476,551
Mettler-Toledo International, Inc. (C)		1,596		1,153,908
Quanterix Corp. (C)		18,700		483,021
Thermo Fisher Scientific, Inc.		36,900		10,100,268
				21,919,776
Pharmaceuticals – 16.5%
Allergan PLC		13,667		2,000,985
Amneal Pharmaceuticals, Inc. (C)		41,502		588,083
AstraZeneca PLC, ADR		95,300		3,852,979
Bristol-Myers Squibb Company		46,252		2,206,683
Catalent, Inc. (C)		12,900		523,611
Chugai Pharmaceutical Company, Ltd.		14,600		1,005,633
Daiichi Sankyo Company, Ltd.		33,000		1,523,863
Eisai Company, Ltd.		5,400		303,841
Elanco Animal Health, Inc. (C)		49,700		1,593,879
Eli Lilly & Company		51,850		6,728,056
GW Pharmaceuticals PLC, ADR (C)		4,177		704,117
Intra-Cellular Therapies, Inc. (C)		6,400		77,952
Menlo Therapeutics, Inc. (C)		11,700		91,845
Merck & Company, Inc.		54,017		4,492,594
Mylan NV (C)		15,100		427,934
MyoKardia, Inc. (C)		16,845		875,772
Nektar Therapeutics (C)		11,600		389,760
Novartis AG		57,466		5,523,600
Odonate Therapeutics, Inc. (C)		5,432		120,102
Perrigo Company PLC		16,900		813,904
Pfizer, Inc.		205,111		8,711,064
Reata Pharmaceuticals, Inc., Class A (C)		5,200		444,444
Roche Holding AG		15,383		4,238,860
Takeda Pharmaceutical Company, Ltd., ADR		33,196		676,203
TherapeuticsMD, Inc. (C)		30,446		148,272
Theravance Biopharma, Inc. (C)		6,524		147,899
Tricida, Inc. (C)		21,987		849,138
WaVe Life Sciences, Ltd. (C)		6,214		241,414
Zogenix, Inc. (C)		22,200		1,221,222
				50,523,709
				300,029,687
TOTAL COMMON STOCKS (Cost $223,750,558)			$	300,252,543
PREFERRED SECURITIES – 0.7%
Consumer discretionary – 0.2%

86

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Health Sciences Trust (continued)
	Shares or
	Principal
	Amount		Value
PREFERRED SECURITIES (continued)
Specialty retail – 0.2%
JAND, Inc., Series D (A)(B)(C)		33,198	$	497,638
Health care – 0.5%
Health care equipment and supplies – 0.5%
Becton, Dickinson and Company, 6.125%		9,988		617,358
Sartorius AG		4,977		855,335
				1,472,693
Information technology – 0.0%
Software – 0.0%
Doximity, Inc. (A)(B)(C)		31,611		163,429
TOTAL PREFERRED SECURITIES (Cost $1,742,943)			$	2,133,760
CONVERTIBLE BONDS – 0.1%
Health care – 0.1%
Ironwood Pharmaceuticals, Inc. 2.250%, 06/15/2022	$	348,000		382,680
TOTAL CONVERTIBLE BONDS (Cost $348,000)			$	382,680
RIGHTS – .0%
Wright Medical Group NV (Expiration Date: 1-2-24) (B)(C)(D)		3,500		0
TOTAL RIGHTS (Cost $8,750)			$	0
SHORT-TERM INVESTMENTS – 0.7%
Money market funds – 0.7%
State Street Institutional U.S. Government Money Market Fund, Premier Class, 2.3851% (E)		2,024,073		2,024,073
T. Rowe Price Government Reserve Fund, 2.4853% (E)		1,000		1,000
				2,025,073
TOTAL SHORT-TERM INVESTMENTS (Cost $2,025,073)			$	2,025,073
Total Investments (Health Sciences Trust) (Cost $227,875,324) – 99.9%			$	304,794,056
Other assets and liabilities, net – 0.1%				320,251
TOTAL NET ASSETS – 100.0%			$	305,114,307

Security Abbreviations and Legend
ADR	American Depositary Receipt
(A)	Direct placement securities are restricted as to resale, and the fund has limited rights to registration under the Securities Act of 1933. For more information on this security refer to the Notes to Portfolio of Investments.
(B)	Security is valued using significant unobservable inputs and is classified as Level 3 in the fair value hierarchy.
(C)	Non-income producing security.
(D)	Strike price and/or expiration date not available.
(E)	The rate shown is the annualized seven-day yield as of 3-31-19.

High Yield Trust
	Shares or
	Principal
	Amount		Value
FOREIGN GOVERNMENT OBLIGATIONS – 1.3%
Argentina – 0.7%
Provincia de Buenos Aires 7.875%, 06/15/2027	$	680,000	$	494,700
Republic of Argentina
5.625%, 01/26/2022		230,000		198,375
6.875%, 04/22/2021		200,000		182,500
6.875%, 01/26/2027 (A)		330,000		266,970
7.500%, 04/22/2026		200,000		169,600

High Yield Trust (continued)
	Shares or
	Principal
	Amount		Value
FOREIGN GOVERNMENT OBLIGATIONS (continued)
Argentina (continued)
Republic of Argentina (continued) 7.625%, 04/22/2046	$	200,000	$	157,500
				1,469,645
Brazil – 0.3%
Federative Republic of Brazil
10.000%, 01/01/2021	BRL	100,000		27,318
10.000%, 01/01/2023		2,139,000		591,451
10.000%, 01/01/2027		85,000		23,560
				642,329
Ecuador – 0.2%
Republic of Ecuador 7.875%, 01/23/2028 (B)	$	440,000		418,440
Indonesia – 0.0%
Republic of Indonesia 8.375%, 03/15/2034	IDR	74,000,000		5,333
Mexico – 0.1%
Government of Mexico 6.500%, 06/09/2022	MXN	5,956,000		295,501
TOTAL FOREIGN GOVERNMENT OBLIGATIONS (Cost $3,536,846)			$	2,831,248
CORPORATE BONDS – 83.4%
Communication services – 16.3%
Altice France SA
6.250%, 05/15/2024 (B)	$	260,000		261,950
7.375%, 05/01/2026 (B)		3,100,000		3,038,000
Altice Luxembourg SA 7.750%, 05/15/2022 (B)		660,000		659,175
AMC Entertainment Holdings, Inc. 6.125%, 05/15/2027		410,000		370,538
American Media LLC 10.500%, 12/31/2026 (B)		810,000		794,813
Carmike Cinemas, Inc. 6.000%, 06/15/2023 (B)		530,000		554,539
CCO Holdings LLC 5.125%, 05/01/2023 to 05/01/2027 (B)		2,190,000		2,223,169
CenturyLink, Inc.
5.625%, 04/01/2025		250,000		241,875
6.750%, 12/01/2023		100,000		104,375
Charter Communications Operating LLC
4.908%, 07/23/2025		720,000		759,242
6.484%, 10/23/2045		450,000		504,904
Cogent Communications Group, Inc. 5.375%, 03/01/2022 (B)		880,000		899,800
CSC Holdings LLC
5.375%, 07/15/2023 (B)		940,000		957,625
6.500%, 02/01/2029 (B)		1,030,000		1,096,306
10.875%, 10/15/2025 (B)		243,000		280,544
DISH DBS Corp.
5.875%, 11/15/2024		2,030,000		1,705,200
7.750%, 07/01/2026 (A)		2,250,000		1,957,500
Intelsat Jackson Holdings SA
5.500%, 08/01/2023		670,000		594,625
8.000%, 02/15/2024 (B)		560,000		583,800
Level 3 Financing, Inc.
5.250%, 03/15/2026		210,000		209,475
5.625%, 02/01/2023		400,000		404,500
Lions Gate Capital Holdings LLC 5.875%, 11/01/2024 (B)		1,010,000		1,040,300
Match Group, Inc.
5.000%, 12/15/2027 (A)(B)		360,000		362,700
6.375%, 06/01/2024		340,000		357,425
Meredith Corp. 6.875%, 02/01/2026		480,000		505,200

87

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

High Yield Trust (continued)
	Shares or
	Principal
	Amount		Value
CORPORATE BONDS (continued)
Communication services (continued)
Netflix, Inc.
5.875%, 02/15/2025 (A)	$	250,000	$	270,163
6.375%, 05/15/2029 (B)		700,000		756,875
Sprint Capital Corp. 8.750%, 03/15/2032		885,000		933,764
Sprint Communications, Inc. 11.500%, 11/15/2021		470,000		544,025
Sprint Corp.
7.250%, 09/15/2021		1,500,000		1,575,000
7.625%, 02/15/2025		510,000		520,200
7.875%, 09/15/2023		2,450,000		2,572,500
Telecom Italia SpA 5.303%, 05/30/2024 (B)		1,000,000		1,005,000
The EW Scripps Company 5.125%, 05/15/2025 (B)		420,000		400,050
Time Warner Cable LLC 7.300%, 07/01/2038		440,000		513,129
T-Mobile USA, Inc.
4.750%, 02/01/2028		780,000		773,175
6.000%, 04/15/2024		60,000		62,550
6.500%, 01/15/2026		1,160,000		1,238,300
Univision Communications, Inc. 5.125%, 02/15/2025 (B)		200,000		186,250
UPC Holding BV 5.500%, 01/15/2028 (B)		950,000		947,625
UPCB Finance IV, Ltd. 5.375%, 01/15/2025 (B)		200,000		203,000
Virgin Media Secured Finance PLC 5.500%, 08/15/2026 (B)		1,480,000		1,505,900
				34,475,086
Consumer discretionary – 12.4%
American Axle & Manufacturing, Inc.
6.250%, 04/01/2025 (A)		159,000		155,025
6.500%, 04/01/2027 (A)		621,000		602,370
6.625%, 10/15/2022		240,000		245,700
Boyne USA, Inc. 7.250%, 05/01/2025 (B)		270,000		288,900
Brinker International, Inc. 5.000%, 10/01/2024 (B)		310,000		303,806
Carriage Services, Inc. 6.625%, 06/01/2026 (B)		570,000		582,825
Carrols Restaurant Group, Inc. 8.000%, 05/01/2022		600,000		613,800
Century Communities, Inc. 5.875%, 07/15/2025		1,040,000		988,000
Delphi Technologies PLC 5.000%, 10/01/2025 (B)		370,000		325,785
ESH Hospitality, Inc. 5.250%, 05/01/2025 (B)		770,000		765,188
Fontainebleau Las Vegas Holdings LLC 10.250%, 06/15/2015 (B)(C)		3,600,425		360
frontdoor, Inc. 6.750%, 08/15/2026 (B)		610,000		623,725
Golden Nugget, Inc. 8.750%, 10/01/2025 (B)		740,000		777,000
Hanesbrands, Inc.
4.625%, 05/15/2024 (B)		510,000		511,377
4.875%, 05/15/2026 (B)		450,000		443,970
Hilton Worldwide Finance LLC
4.625%, 04/01/2025		300,000		303,000
4.875%, 04/01/2027		820,000		829,225
International Game Technology PLC 6.500%, 02/15/2025 (B)		400,000		416,000
JB Poindexter & Company, Inc. 7.125%, 04/15/2026 (B)		550,000		551,557

High Yield Trust (continued)
	Shares or
	Principal
	Amount		Value
CORPORATE BONDS (continued)
Consumer discretionary (continued)
L Brands, Inc. 5.250%, 02/01/2028	$	1,270,000	$	1,131,888
Lennar Corp.
4.500%, 04/30/2024		290,000		294,118
4.750%, 11/29/2027		400,000		400,187
5.875%, 11/15/2024		810,000		864,675
Levi Strauss & Company 5.000%, 05/01/2025		710,000		731,300
MGM Resorts International 7.750%, 03/15/2022		610,000		674,050
Monitronics International, Inc. 9.125%, 04/01/2020		50,000		10,000
Murphy Oil USA, Inc.
5.625%, 05/01/2027		490,000		507,150
6.000%, 08/15/2023		60,000		61,500
NCL Corp., Ltd. 4.750%, 12/15/2021 (B)		654,000		661,358
New Red Finance, Inc.
4.250%, 05/15/2024 (B)		640,000		633,600
5.000%, 10/15/2025 (B)		630,000		622,314
Party City Holdings, Inc. 6.625%, 08/01/2026 (A)(B)		640,000		636,800
Sands China, Ltd. 5.400%, 08/08/2028		550,000		576,693
Scientific Games International, Inc.
5.000%, 10/15/2025 (B)		500,000		490,000
10.000%, 12/01/2022		910,000		957,775
Service Corp. International
4.625%, 12/15/2027		380,000		377,625
5.375%, 05/15/2024		230,000		236,038
7.500%, 04/01/2027		480,000		552,000
Silversea Cruise Finance, Ltd. 7.250%, 02/01/2025 (B)		682,000		737,583
Speedway Motorsports, Inc. 5.125%, 02/01/2023		610,000		614,575
Sugarhouse HSP Gaming Prop Mezz LP 5.875%, 05/15/2025 (B)		270,000		266,794
The ServiceMaster Company LLC 5.125%, 11/15/2024 (B)		550,000		552,063
The William Carter Company 5.625%, 03/15/2027 (B)		330,000		341,138
TopBuild Corp. 5.625%, 05/01/2026 (B)		720,000		709,200
Viking Cruises, Ltd. 5.875%, 09/15/2027 (B)		810,000		787,725
VOC Escrow, Ltd. 5.000%, 02/15/2028 (B)		875,000		850,938
Weight Watchers International, Inc. 8.625%, 12/01/2025 (B)		1,020,000		918,000
William Lyon Homes, Inc.
5.875%, 01/31/2025		50,000		47,000
6.000%, 09/01/2023		390,000		377,325
7.000%, 08/15/2022		180,000		180,450
				26,129,475
Consumer staples – 2.3%
Altria Group, Inc. 5.950%, 02/14/2049		350,000		375,520
Central Garden & Pet Company 5.125%, 02/01/2028		370,000		339,475
Cott Holdings, Inc. 5.500%, 04/01/2025 (B)		520,000		524,550
Kraft Heinz Foods Company 7.125%, 08/01/2039 (B)		440,000		506,968
Lamb Weston Holdings, Inc. 4.875%, 11/01/2026 (B)		1,010,000		1,023,888

88

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

High Yield Trust (continued)
	Shares or
	Principal
	Amount		Value
CORPORATE BONDS (continued)
Consumer staples (continued)
Pilgrim’s Pride Corp. 5.875%, 09/30/2027 (B)		$390,000	$	392,925
Pyxus International, Inc.
8.500%, 04/15/2021 (B)		280,000		285,600
9.875%, 07/15/2021		80,000		70,400
Sally Holdings LLC 5.625%, 12/01/2025 (A)		510,000		507,450
Spectrum Brands, Inc.
5.750%, 07/15/2025		610,000		614,575
6.125%, 12/15/2024		230,000		232,300
				4,873,651
Energy – 13.3%
Blue Racer Midstream LLC
6.125%, 11/15/2022 (B)		910,000		923,650
6.625%, 07/15/2026 (B)		670,000		683,400
Carrizo Oil & Gas, Inc. 8.250%, 07/15/2025		310,000		320,850
Cheniere Corpus Christi Holdings LLC 5.875%, 03/31/2025		740,000		804,750
Chesapeake Energy Corp.
5.375%, 06/15/2021 (A)		280,000		278,600
8.000%, 06/15/2027 (A)		1,410,000		1,388,850
Covey Park Energy LLC 7.500%, 05/15/2025 (B)		920,000		853,024
DCP Midstream Operating LP 6.750%, 09/15/2037 (B)		590,000		607,700
Diamondback Energy, Inc. 4.750%, 11/01/2024		280,000		286,244
Endeavor Energy Resources LP
5.500%, 01/30/2026 (B)		290,000		297,975
5.750%, 01/30/2028 (B)		300,000		315,000
Energy Transfer Operating LP
4.500%, 04/15/2024		140,000		146,271
5.250%, 04/15/2029		130,000		139,624
Ensco PLC 7.750%, 02/01/2026		210,000		177,188
Extraction Oil & Gas, Inc.
5.625%, 02/01/2026 (B)		1,120,000		859,600
7.375%, 05/15/2024 (B)		670,000		559,450
Genesis Energy LP 5.625%, 06/15/2024		910,000		873,600
Indigo Natural Resources LLC 6.875%, 02/15/2026 (B)		20,000		17,775
KCA Deutag UK Finance PLC
7.250%, 05/15/2021 (B)		380,000		326,800
9.875%, 04/01/2022 (B)		350,000		301,000
MEG Energy Corp.
6.375%, 01/30/2023 (A)(B)		948,000		876,900
6.500%, 01/15/2025 (B)		250,000		246,250
7.000%, 03/31/2024 (B)		880,000		820,600
Murray Energy Corp. (9.000% Cash and 3.000% PIK) 12.000%, 04/15/2024 (B)		221,943		93,216
NGL Energy Partners LP 7.500%, 11/01/2023		900,000		931,140
NGPL PipeCo LLC
4.375%, 08/15/2022 (B)		380,000		384,750
4.875%, 08/15/2027 (B)		260,000		262,600
7.768%, 12/15/2037 (B)		500,000		600,000
Northern Oil and Gas, Inc. (8.500% Cash and 1.000% PIK) 9.500%, 05/15/2023		1,142,850		1,182,850
Oasis Petroleum, Inc.
6.250%, 05/01/2026 (A)(B)		380,000		361,950
6.875%, 01/15/2023		487,000		487,000

High Yield Trust (continued)
	Shares or
	Principal
	Amount		Value
CORPORATE BONDS (continued)
Energy (continued)
Petrobras Global Finance BV
5.750%, 02/01/2029	$	100,000	$	99,050
6.850%, 12/31/2099		410,000		396,552
Precision Drilling Corp. 7.125%, 01/15/2026 (B)		660,000		654,431
Pride International LLC 7.875%, 08/15/2040		30,000		24,000
Range Resources Corp. 5.000%, 03/15/2023		470,000		460,600
Rockies Express Pipeline LLC
6.875%, 04/15/2040 (B)		770,000		826,418
7.500%, 07/15/2038 (B)		630,000		706,986
SemGroup Corp. 5.625%, 11/15/2023		740,000		694,934
Shelf Drilling Holdings, Ltd. 8.250%, 02/15/2025 (B)		960,000		909,600
Targa Resources Partners LP
4.250%, 11/15/2023		400,000		398,500
5.875%, 04/15/2026 (B)		560,000		591,920
6.500%, 07/15/2027 (B)		160,000		172,600
6.875%, 01/15/2029 (B)		220,000		239,525
Teine Energy, Ltd. 6.875%, 09/30/2022 (B)		610,000		617,625
The Williams Companies, Inc.
7.500%, 01/15/2031		880,000		1,106,443
8.750%, 03/15/2032		120,000		167,155
Transocean Guardian, Ltd. 5.875%, 01/15/2024 (B)		378,000		383,670
Transocean Pontus, Ltd. 6.125%, 08/01/2025 (B)		576,450		583,656
Transocean, Inc.
6.800%, 03/15/2038		360,000		282,600
7.250%, 11/01/2025 (B)		500,000		493,750
7.500%, 01/15/2026 (B)		180,000		177,750
Vesta Energy Corp. 8.125%, 07/24/2023 (B)	CAD	490,000		347,420
WPX Energy, Inc.
5.750%, 06/01/2026	$	220,000		223,300
8.250%, 08/01/2023		870,000		978,750
				27,945,842
Financials – 7.8%
Ally Financial, Inc. 8.000%, 11/01/2031		80,000		99,300
ASP AMC Merger Sub, Inc. 8.000%, 05/15/2025 (B)		1,170,000		526,500
Banco Mercantil del Norte SA (6.875% to 7-6-22, then 5 Year CMT + 5.035%) 07/06/2022 (A)(B)(D)		200,000		198,752
Bank of America Corp. (5.875% to 3-15-28, then 3 month LIBOR + 2.931%) 03/15/2028 (D)		350,000		355,128
Barclays Bank PLC 7.625%, 11/21/2022		200,000		217,500
Barclays PLC 4.836%, 05/09/2028		200,000		197,997
Barclays PLC (8.000% to 12-15-20, then 5 Year Euro Swap Rate + 6.750%) 12/15/2020 (D)	EUR	500,000		603,502
Barclays PLC (8.000% to 6-15-24, then 5 Year CMT + 5.672%) 06/15/2024 (D)	$	380,000		388,550
BNP Paribas SA (7.375% to 8-19-25, then 5 Year U.S. Swap Rate + 5.150%) 08/19/2025 (B)(D)		390,000		413,888

89

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

High Yield Trust (continued)
	Shares or
	Principal
	Amount		Value
CORPORATE BONDS (continued)
Financials (continued)
CIT Group, Inc.
5.250%, 03/07/2025	$	140,000	$	148,967
6.125%, 03/09/2028		190,000		211,375
Citigroup, Inc. (5.950% to 5-15-25, then 3 month LIBOR + 3.905%) 05/15/2025 (D)		780,000		795,600
Citigroup, Inc. (6.300% to 5-15-24, then 3 month LIBOR + 3.423%) 05/15/2024 (D)		1,060,000		1,078,550
Cooperatieve Rabobank UA 5.250%, 08/04/2045		270,000		305,140
Credit Agricole SA (8.125% to 12-23-25, then 5 Year U.S. Swap Rate + 6.185%) 12/23/2025 (B)(D)		290,000		325,883
Credit Suisse Group AG (7.250% to 9-12-25, then 5 Year U.S. Swap Rate + 4.332%) 09/12/2025 (B)(D)		200,000		200,750
Credit Suisse Group AG (7.500% to 7-17-23, then 5 Year U.S. Swap Rate + 4.600%) 07/17/2023 (B)(D)		210,000		216,038
DAE Funding LLC
4.500%, 08/01/2022 (B)		10,000		10,088
5.750%, 11/15/2023 (B)		1,170,000		1,202,175
Danske Bank A/S 5.375%, 01/12/2024 (B)		290,000		301,725
Donnelley Financial Solutions, Inc. 8.250%, 10/15/2024		590,000		594,425
Fidelity & Guaranty Life Holdings, Inc. 5.500%, 05/01/2025 (B)		440,000		441,650
FirstCash, Inc. 5.375%, 06/01/2024 (B)		530,000		541,930
HSBC Holdings PLC (6.375% to 3-30-25, then 5 Year U.S. ISDAFIX + 4.368%) 03/30/2025 (D)		620,000		640,150
HSBC Holdings PLC (6.500% to 3-23-28, then 5 Year U.S. ISDAFIX + 3.606%) 03/23/2028 (D)		730,000		722,700
Intesa Sanpaolo SpA 5.017%, 06/26/2024 (B)		200,000		193,374
NatWest Markets NV 7.750%, 05/15/2023		210,000		232,287
Navient Corp.
5.875%, 03/25/2021 to 10/25/2024		340,000		334,800
6.625%, 07/26/2021		210,000		219,450
6.750%, 06/25/2025 to 06/15/2026		590,000		569,692
8.000%, 03/25/2020		688,000		715,520
Quicken Loans, Inc.
5.250%, 01/15/2028 (B)		1,300,000		1,217,125
5.750%, 05/01/2025 (B)		510,000		511,275
Radian Group, Inc. 4.500%, 10/01/2024		200,000		197,000
The Royal Bank of Scotland Group PLC (8.625% to 8-15-21, then 5 Year U.S. Swap Rate + 7.598%) 08/15/2021 (D)		470,000		500,550
UBS Group Funding Switzerland AG (7.000% to 1-31-24, then 5 Year U.S. Swap Rate + 4.344%) 01/31/2024 (B)(D)		550,000		558,267
UniCredit SpA (7.296% to 4-2-29, then 5 Year U.S. ISDAFIX + 4.914%) 04/02/2034 (B)		490,000		494,232
				16,481,835

High Yield Trust (continued)
	Shares or
	Principal
	Amount		Value
CORPORATE BONDS (continued)
Health care – 8.3%
Air Medical Group Holdings, Inc. 6.375%, 05/15/2023 (A)(B)	$	270,000	$	226,800
Bausch Health Americas, Inc.
8.500%, 01/31/2027 (B)		1,140,000		1,208,400
9.250%, 04/01/2026 (B)		350,000		383,005
Bausch Health Companies, Inc.
6.125%, 04/15/2025 (B)		1,530,000		1,514,700
7.000%, 03/15/2024 (B)		1,090,000		1,153,220
9.000%, 12/15/2025 (B)		630,000		684,369
BioScrip, Inc. 8.875%, 02/15/2021 (A)		620,000		626,200
Centene Corp.
5.375%, 06/01/2026 (B)		730,000		761,025
6.125%, 02/15/2024		160,000		167,648
Community Health Systems, Inc. 8.000%, 03/15/2026 (B)		760,000		727,168
DaVita, Inc. 5.000%, 05/01/2025		110,000		105,408
Endo Finance LLC 6.000%, 02/01/2025 (B)		580,000		420,500
HCA, Inc. 5.625%, 09/01/2028		3,210,000		3,394,558
HLF Financing Sarl LLC 7.250%, 08/15/2026 (B)		470,000		484,100
Immucor, Inc. 11.125%, 02/15/2022 (B)		320,000		324,800
NVA Holdings, Inc. 6.875%, 04/01/2026 (B)		840,000		830,550
Par Pharmaceutical, Inc. 7.500%, 04/01/2027 (B)		510,000		517,013
RegionalCare Hospital Partners Holdings, Inc.
8.250%, 05/01/2023 (B)		620,000		659,525
9.750%, 12/01/2026 (B)		400,000		415,000
Tenet Healthcare Corp. 6.750%, 06/15/2023 (A)		2,100,000		2,163,000
Teva Pharmaceutical Finance Netherlands III BV
2.200%, 07/21/2021		610,000		581,666
2.800%, 07/21/2023		260,000		232,065
				17,580,720
Industrials – 8.7%
Ahern Rentals, Inc. 7.375%, 05/15/2023 (B)		130,000		119,763
Allison Transmission, Inc.
4.750%, 10/01/2027 (B)		650,000		620,750
5.000%, 10/01/2024 (B)		210,000		209,475
Avolon Holdings Funding, Ltd. 5.125%, 10/01/2023 (B)		920,000		936,100
BBA US Holdings, Inc. 5.375%, 05/01/2026 (B)		610,000		628,300
Beacon Roofing Supply, Inc. 4.875%, 11/01/2025 (B)		800,000		760,000
BWX Technologies, Inc. 5.375%, 07/15/2026 (B)		410,000		416,150
Cleaver-Brooks, Inc. 7.875%, 03/01/2023 (B)		480,000		444,000
Covanta Holding Corp. 5.875%, 07/01/2025		560,000		569,800
Flexi-Van Leasing, Inc. 10.000%, 02/15/2023 (B)		540,000		497,880
GFL Environmental, Inc. 5.375%, 03/01/2023 (B)		330,000		311,850
Navios Maritime Acquisition Corp. 8.125%, 11/15/2021 (B)		940,000		742,600

90

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

High Yield Trust (continued)
	Shares or
	Principal
	Amount		Value
CORPORATE BONDS (continued)
Industrials (continued)
Neovia Logistics Services LLC 8.875%, 08/01/2020 (B)	$	690,000	$	655,500
Park Aerospace Holdings, Ltd.
4.500%, 03/15/2023 (B)		830,000		825,850
5.250%, 08/15/2022 (B)		480,000		491,952
Park-Ohio Industries, Inc. 6.625%, 04/15/2027		839,000		834,805
Prime Security Services Borrower LLC
5.250%, 04/15/2024 (B)		200,000		200,000
5.750%, 04/15/2026 (B)		650,000		650,000
9.250%, 05/15/2023 (B)		722,000		758,100
Standard Industries, Inc.
4.750%, 01/15/2028 (B)		420,000		401,100
6.000%, 10/15/2025 (B)		330,000		345,540
The ADT Security Corp.
4.125%, 06/15/2023		240,000		231,480
6.250%, 10/15/2021		430,000		451,092
The Brink’s Company 4.625%, 10/15/2027 (B)		510,000		493,425
The Hertz Corp. 5.875%, 10/15/2020		430,000		429,893
United Airlines 2013-1 Class B Pass Through Trust 5.375%, 02/15/2023		340,443		348,103
United Airlines 2014-1 Class B Pass Through Trust 4.750%, 10/11/2023		231,080		232,998
United Rentals North America, Inc.
4.625%, 10/15/2025		190,000		187,625
4.875%, 01/15/2028		880,000		855,976
5.500%, 05/15/2027		650,000		656,500
5.750%, 11/15/2024		90,000		92,475
6.500%, 12/15/2026		390,000		410,475
Waste Pro USA, Inc. 5.500%, 02/15/2026 (B)		440,000		423,500
XPO CNW, Inc. 6.700%, 05/01/2034		740,000		640,100
XPO Logistics, Inc.
6.125%, 09/01/2023 (B)		680,000		684,250
6.500%, 06/15/2022 (B)		777,000		794,094
				18,351,501
Information technology – 2.1%
Amkor Technology, Inc. 6.625%, 09/15/2027 (B)		560,000		568,400
CDK Global, Inc.
4.875%, 06/01/2027		250,000		249,688
5.875%, 06/15/2026		630,000		658,350
CommScope Technologies LLC 5.000%, 03/15/2027 (B)		420,000		372,406
Dell International LLC 7.125%, 06/15/2024 (B)		360,000		381,736
First Data Corp. 5.000%, 01/15/2024 (B)		550,000		563,200
j2 Cloud Services LLC 6.000%, 07/15/2025 (B)		560,000		581,700
Qorvo, Inc. 5.500%, 07/15/2026 (B)		560,000		578,256
Travelport Corporate Finance PLC 6.000%, 03/15/2026 (B)		432,000		466,560
				4,420,296
Materials – 9.7%
Alcoa Nederland Holding BV
6.125%, 05/15/2028 (B)		1,260,000		1,297,800
6.750%, 09/30/2024 (B)		330,000		348,975
7.000%, 09/30/2026 (B)		830,000		894,840

High Yield Trust (continued)
	Shares or
	Principal
	Amount		Value
CORPORATE BONDS (continued)
Materials (continued)
ArcelorMittal 6.750%, 03/01/2041	$	470,000	$	524,674
ARD Securities Finance SARL (8.750% Cash or 8.750% PIK) 8.750%, 01/31/2023 (A)(B)		734,807		696,230
Ardagh Packaging Finance PLC 6.000%, 02/15/2025 (B)		1,070,000		1,070,000
Berry Global, Inc. 4.500%, 02/15/2026 (B)		460,000		437,092
BHP Billiton Finance USA, Ltd. (6.750% to 10-20-25, then 5 Year U.S. Swap Rate + 5.093%) 10/19/2075 (B)		450,000		498,173
First Quantum Minerals, Ltd. 7.500%, 04/01/2025 (B)		1,760,000		1,691,800
Flex Acquisition Company, Inc. 7.875%, 07/15/2026 (B)		620,000		598,300
Freeport-McMoRan, Inc.
3.550%, 03/01/2022		250,000		247,188
3.875%, 03/15/2023		160,000		157,698
4.550%, 11/14/2024		460,000		450,800
5.450%, 03/15/2043		2,030,000		1,776,270
6.875%, 02/15/2023		270,000		286,200
FXI Holdings, Inc. 7.875%, 11/01/2024 (A)(B)		580,000		539,400
Greif, Inc. 6.500%, 03/01/2027 (B)		680,000		695,300
Hudbay Minerals, Inc. 7.625%, 01/15/2025 (B)		1,410,000		1,445,250
Mercer International, Inc.
5.500%, 01/15/2026		380,000		372,400
6.500%, 02/01/2024		690,000		705,525
Midwest Vanadium Pty, Ltd. 11.500%, 02/15/2018 (B)(C)		913,644		1,142
Northwest Acquisitions ULC 7.125%, 11/01/2022 (B)		340,000		299,200
Olin Corp. 5.000%, 02/01/2030		420,000		411,600
Pactiv LLC
7.950%, 12/15/2025		380,000		377,150
8.375%, 04/15/2027		1,510,000		1,540,200
Summit Materials LLC
5.125%, 06/01/2025 (B)		300,000		289,500
6.500%, 03/15/2027 (B)		650,000		654,875
Teck Resources, Ltd. 5.200%, 03/01/2042		670,000		646,761
U.S. Concrete, Inc. 6.375%, 06/01/2024		300,000		304,500
Valvoline, Inc.
4.375%, 08/15/2025		510,000		488,325
5.500%, 07/15/2024		650,000		661,375
				20,408,543
Real estate – 2.3%
CoreCivic, Inc.
4.625%, 05/01/2023		130,000		125,450
4.750%, 10/15/2027		640,000		544,403
5.000%, 10/15/2022		390,000		384,150
CTR Partnership LP 5.250%, 06/01/2025		410,000		411,554
Five Point Operating Company LP 7.875%, 11/15/2025 (B)		1,020,000		976,650
Hunt Companies, Inc. 6.250%, 02/15/2026 (B)		330,000		307,725
MPT Operating Partnership LP 5.000%, 10/15/2027		340,000		345,950

91

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

High Yield Trust (continued)
	Shares or
	Principal
	Amount		Value
CORPORATE BONDS (continued)
Real estate (continued)
MPT Operating Partnership LP (continued)
5.250%, 08/01/2026	$	250,000	$	257,188
5.500%, 05/01/2024		70,000		71,750
The GEO Group, Inc.
5.875%, 10/15/2024		750,000		654,375
6.000%, 04/15/2026		305,000		256,200
WeWork Companies, Inc. 7.875%, 05/01/2025 (A)(B)		590,000		542,800
				4,878,195
Utilities – 0.2%
NRG Energy, Inc. 7.250%, 05/15/2026		40,000		44,008
Suburban Propane Partners LP 5.875%, 03/01/2027		450,000		426,375
				470,383
TOTAL CORPORATE BONDS (Cost $180,312,603)			$	176,015,527
CONVERTIBLE BONDS – 1.2%
Communication services – 0.9%
DISH Network Corp.
2.375%, 03/15/2024		420,000		346,446
3.375%, 08/15/2026		110,000		93,445
Liberty Media Corp.
2.125%, 03/31/2048 (B)		610,000		582,550
2.250%, 12/01/2048 (B)		350,000		390,160
Twitter, Inc.
0.250%, 06/15/2024 (B)		190,000		175,822
1.000%, 09/15/2021		360,000		338,746
				1,927,169
Consumer discretionary – 0.1%
Chegg, Inc. 0.125%, 03/15/2025 (B)		170,000		167,478
Energy – 0.2%
Cheniere Energy, Inc. 4.250%, 03/15/2045		140,000		109,463
Chesapeake Energy Corp. 5.500%, 09/15/2026		260,000		240,914
				350,377
Information technology – 0.0%
Western Digital Corp. 1.500%, 02/01/2024 (B)		120,000		105,542
TOTAL CONVERTIBLE BONDS (Cost $2,651,847)			$	2,550,566
TERM LOANS (E) – 2.9%
Consumer discretionary – 0.8%
CWGS Group LLC, 2016 Term Loan (1 month LIBOR + 2.750%) 5.240%, 11/08/2023		791,775		710,816
PetSmart, Inc., Term Loan B2 (1 month LIBOR + 3.000%) 5.490%, 03/11/2022		997,358		893,264
TOMS Shoes LLC, Term Loan B (1 month LIBOR + 5.500%) 8.000%, 11/02/2020		163,293		127,369
				1,731,449
Energy – 0.5%
Eastern Power LLC, Term Loan B (1 month LIBOR + 3.750%) 6.249%, 10/02/2023		551,532		549,050

High Yield Trust (continued)
	Shares or
	Principal
	Amount		Value
TERM LOANS (E) (continued)
Energy (continued)
Permian Production Partners LLC, Term Loan (1 month LIBOR + 6.000%) 8.490%, 05/18/2024	$	452,375	$	434,280
				983,330
Health care – 1.0%
Immucor, Inc., Extended Term Loan B (3 month LIBOR + 5.000%) 7.601%, 06/15/2021		287,244		286,526
Lantheus Medical Imaging, Inc., 2017 1st Lien Term Loan (1 month LIBOR + 3.750%) 6.250%, 06/30/2022		450,800		449,299
Radnet Management, Inc., Reprice Term Loan (Prime Rate + 2.750% and 3 month LIBOR + 3.750%) 6.529%, 06/30/2023		800,000		800,000
RegionalCare Hospital Partners Holdings, Inc., 2018 Term Loan B (3 month LIBOR + 4.500%) 6.982%, 11/16/2025		309,225		305,505
VVC Holding Corp., 2019 Term Loan B (3 month LIBOR + 4.500%) 7.197%, 02/11/2026		270,000		265,950
				2,107,280
Industrials – 0.6%
Commercial Barge Line Company, 2015 1st Lien Term Loan (1 month LIBOR + 8.750%) 11.249%, 11/12/2020		605,415		421,369
NCI Building Systems, Inc., 2018 Term Loan (3 month LIBOR + 3.750%) 6.547%, 04/12/2025		555,800		531,484
Temple Generation I LLC, 2nd Lien Term Loan (1 week LIBOR + 8.000%) 10.482%, 02/07/2023		269,875		267,627
				1,220,480
TOTAL TERM LOANS (Cost $6,380,524)			$	6,042,539
ASSET BACKED SECURITIES – 5.3%
Anchorage Capital CLO, Ltd.
Series 2014-3RA, Class E (3 month LIBOR + 5.550%) 8.265%, 01/28/2031 (B)(F)		670,000		628,271
ARES XLIV CLO, Ltd.
Series 2017-44A, Class D (3 month LIBOR + 6.550%) 9.337%, 10/15/2029 (B)(F)		700,000		682,084
Avery Point VI CLO, Ltd.
Series 2015-6A, Class E1 (3 month LIBOR + 5.500%) 8.082%, 08/05/2027 (B)(F)		750,000		729,695
BlueMountain CLO, Ltd.
Series 2015-2A, Class ER (3 month LIBOR + 5.200%) 7.980%, 07/18/2027 (B)(F)		250,000		240,638
Carlyle US CLO, Ltd.
Series 2017-2A, Class C (3 month LIBOR + 3.700%) 6.169%, 07/20/2031 (B)(F)		750,000		746,794
Catskill Park CLO, Ltd.
Series 2017-1A, Class D (3 month LIBOR + 6.000%) 8.761%, 04/20/2029 (B)(F)		400,000		383,881
Cent CLO 24, Ltd.
Series 2015-24A, Class CR (3 month LIBOR + 3.150%) 5.937%, 10/15/2026 (B)(F)		360,000		358,674

92

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

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%) 8.173%, 04/17/2030 (B)(F)	$	250,000	$	232,878
Cumberland Park CLO, Ltd.
Series 2015-2A, Class ER (3 month LIBOR + 5.650%) 8.411%, 07/20/2028 (B)(F)		750,000		740,449
CVP CLO, Ltd.
Series 2017-2, Class D (3 month LIBOR + 2.650%) 5.411%, 01/20/2031 (B)(F)		500,000		471,618
Greenwood Park CLO, Ltd.
Series 2018-1A, Class D (3 month LIBOR + 2.500%) 5.287%, 04/15/2031 (B)(F)		290,000		273,874
Greywolf CLO, Ltd.
Series 2019-1A, Class C (3 month LIBOR + 3.950%) 6.538%, 04/17/2030 (B)(F)		250,000		248,125
Jamestown CLO VIII, Ltd.
Series 2015-8A, Class D2 (3 month LIBOR + 6.750%) 9.537%, 01/15/2028 (B)(F)		750,000		735,974
Neuberger Berman CLO, Ltd.
Series 2014-17A, Class ER (3 month LIBOR + 6.550%) 9.311%, 04/22/2029 (B)(F)		420,000		402,231
Oaktree CLO, Ltd.
Series 2015-1A, Class DR (3 month LIBOR + 5.200%) 7.961%, 10/20/2027 (B)(F)		250,000		240,321
Octagon Investment Partners XWIII Ltd.
Series 2015-1A, Class ER (3 month LIBOR + 5.750%) 8.537%, 07/15/2027 (B)(F)		250,000		247,529
OZLM XIX, Ltd.
Series 2017-19A, Class C (3 month LIBOR + 3.100%) 5.887%, 11/22/2030 (B)(F)		810,000		784,609
Saranac CLO III, Ltd.
Series 2014-3A, Class DR (3 month LIBOR + 3.250%) 6.074%, 06/22/2030 (B)(F)		570,000		553,058
Sound Point CLO, Ltd.
Series 2013-2RA, Class E (3 month LIBOR + 6.000%) 8.787%, 04/15/2029 (B)(F)		350,000		332,801
Symphony CLO, Ltd.
Series 2012-9A, Class ER (3 month LIBOR + 7.180%) 9.959%, 10/16/2028 (B)(F)		510,000		509,353
THL Credit Wind River CLO, Ltd.
Series 2016-1A, Class ER (3 month LIBOR + 5.550%) 8.337%, 07/15/2028 (F)		750,000		724,746
Treman Park CLO, Ltd.
Series 2015-1A, Class ERR (3 month LIBOR + 5.500%) 8.261%, 10/20/2028 (B)(F)		250,000		239,414

High Yield Trust (continued)
	Shares or
	Principal
	Amount		Value
ASSET BACKED SECURITIES (continued)
Venture XVII CLO, Ltd.
Series 2014-17A, Class DRR (3 month LIBOR + 2.820%) 5.607%, 04/15/2027 (B)(F)	$	350,000	$	337,846
Series 2014-17A, Class ERR (3 month LIBOR + 5.740%) 8.527%, 04/15/2027 (B)(F)		350,000		338,188
TOTAL ASSET BACKED SECURITIES (Cost $11,279,495)			$	11,183,051
COMMON STOCKS – 1.7%
Communication services – 0.1%
New Cotai, Inc., Class B (G)(H)(I)		3		72,406
Vertis Holdings, Inc. (H)(I)		69,391		0
				72,406
Consumer discretionary – 0.0%
Bossier Casino Venture Holdco, Inc. (H)(I)		43,365		11,275
Energy – 1.4%
Berry Petroleum Corp.		163,685		1,888,925
Hercules Offshore, Inc. (H)(I)		45,689		43,534
KCAD Holdings I, Ltd. (H)(I)		165,553,563		629,104
Montage Resources Corp. (I)		28,903		434,701
MWO Holdings LLC (H)(I)		445		25,841
				3,022,105
Industrials – 0.2%
Temple Generation I LLC (I)		17,991		373,313
TOTAL COMMON STOCKS (Cost $10,395,341)			$	3,479,099
PREFERRED SECURITIES – 0.7%
Financials – 0.7%
B. Riley Financial, Inc., 6.875%		8,875		224,804
GMAC Capital Trust I (3 month LIBOR + 5.785%), 8.469% (F)		51,072		1,329,915
				1,554,719
TOTAL PREFERRED SECURITIES (Cost $1,427,013)			$	1,554,719
ESCROW CERTIFICATES – 0.0%
Adelphia Communications Corp.
7.750%, 01/15/2049 (H)(I)	$	3,000,000		0
9.875%, 03/01/2049 (H)(I)		2,050,000		0
10.250%, 11/01/2049 (H)(I)		1,025,000		0
Magellan Health, Inc. 9.750%, 05/15/2020 (H)(I)		1,930,000		500
TOTAL ESCROW CERTIFICATES (Cost $435,127)			$	500
SECURITIES LENDING COLLATERAL – 4.0%
John Hancock Collateral Trust, 2.6031% (J)(K)		852,749		8,533,285
TOTAL SECURITIES LENDING COLLATERAL (Cost $8,533,597)			$	8,533,285
SHORT-TERM INVESTMENTS – 2.3%
Money market funds – 2.3%
State Street Institutional Treasury Plus Money Market Fund, Premier Class, 2.3747% (J)		4,880,906		4,880,906
TOTAL SHORT-TERM INVESTMENTS (Cost $4,880,906)			$	4,880,906
Total Investments (High Yield Trust) (Cost $229,833,299) – 102.8%			$	217,071,440
Other assets and liabilities, net – (2.8%)				(6,003,875	)
TOTAL NET ASSETS – 100.0%			$	211,067,565

93

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

High Yield Trust (continued)

Currency Abbreviations

BRL	Brazilian Real
CAD	Canadian Dollar
EUR	Euro
IDR	Indonesian Rupiah
MXN	Mexican Peso

Security Abbreviations and Legend

CMT	Constant Maturity Treasury
ISDAFIX	International Swaps and Derivatives Association Fixed Interest Rate Swap Rate
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)	All or a portion of this security is on loan as of 3-31-19. The value of securities on loan amounted to $8,347,879.
(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 $109,555,962 or 51.9% of the fund’s net assets as of 3-31-19.

High Yield Trust (continued)

(C)  Non-income producing – Issuer is in default.

(D)  Perpetual bonds have no stated maturity date. Date shown as maturity date is next call date.

(E)  Term loans are variable rate obligations. The coupon rate shown represents the rate at period end.

(F)  Variable rate obligation. The coupon rate shown represents the rate at period end.

(G)  Direct placement securities are restricted as to resale, and the fund has limited rights to registration under the Securities Act of 1933. For more information on this security refer to the Notes to Portfolio of Investments.

(H)  Security is valued using significant unobservable inputs and is classified as Level 3 in the fair value hierarchy.

(I)   Non-income producing security.

(J)   The rate shown is the annualized seven-day yield as of 3-31-19.

(K)  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)
5-Year U.S. Treasury Note Futures		86		Long		Jun 2019	$	9,856,387		$	9,961,219		$	104,832
U.S. Treasury Long Bond Futures		11		Short		Jun 2019		(1,600,610	)		(1,646,219	)		(45,609	)
													$	59,223

^ 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

					Contractual
					settlement		Unrealized		Unrealized
Contract to buy		Contract to sell		Counterparty (OTC)	date		appreciation		depreciation
CAD	1,852,103	USD	1,401,543	JPMorgan Chase Bank N.A.		4/17/2019		—	($	15,030	)
USD	228,629	EUR	197,131	JPMorgan Chase Bank N.A.		4/17/2019	$	7,215		—
							$	7,215	($	15,030	)

Derivatives Currency Abbreviations

CAD	Canadian Dollar
EUR	Euro
USD	U.S. Dollar

Derivatives Abbreviations

OTC Over-the-counter

See Notes to Portfolio of Investments regarding investment transactions and other derivatives information.

International Equity Index Trust
	Shares or
	Principal
	Amount		Value
COMMON STOCKS – 96.5%
Australia – 4.7%
AGL Energy, Ltd.		24,640	$	381,108
Alumina, Ltd.		94,472		162,691
Amcor, Ltd.		43,247		473,182
AMP, Ltd. (A)		102,336		152,836
APA Group		44,410		315,250
Aristocrat Leisure, Ltd.		19,488		339,885
ASX, Ltd.		6,951		345,292
Aurizon Holdings, Ltd.		76,706		247,990
AusNet Services		75,572		95,299

International Equity Index Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
Australia (continued)
Australia & New Zealand Banking
Group, Ltd.		102,327	$	1,892,471
Bank of Queensland, Ltd.		16,481		106,558
Bendigo & Adelaide Bank, Ltd.		18,165		125,017
BHP Group PLC		76,119		1,836,530
BHP Group, Ltd.		105,441		2,882,058
BlueScope Steel, Ltd.		20,070		199,205
Boral, Ltd.		42,857		139,881
Brambles, Ltd.		57,039		476,841

94

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

International Equity Index Trust (continued)
	Shares or
	Principal Amount		Value
COMMON STOCKS (continued)
Australia (continued)
Caltex Australia, Ltd.		9,411	$	175,084
Challenger, Ltd.		22,963		135,338
CIMIC Group, Ltd.		3,702		127,161
Coca-Cola Amatil, Ltd.		21,130		129,866
Cochlear, Ltd.		2,020		249,071
Coles Group, Ltd. (B)		40,710		342,651
Commonwealth Bank of Australia		62,931		3,158,769
Computershare, Ltd.		16,916		205,635
Crown Resorts, Ltd.		14,067		115,044
CSL, Ltd.		16,228		2,251,676
Dexus		37,475		339,169
Domino’s Pizza Enterprises, Ltd.		2,059		63,491
Flight Centre Travel Group, Ltd.		2,493		74,474
Fortescue Metals Group, Ltd.		54,593		276,303
Goodman Group		56,877		539,407
Harvey Norman Holdings, Ltd. (A)		19,515		55,724
Incitec Pivot, Ltd.		65,708		145,705
Insurance Australia Group, Ltd.		82,791		451,922
Lendlease Group		20,344		179,011
Macquarie Group, Ltd.		11,760		1,083,050
Medibank Pvt., Ltd.		94,782		186,045
Mirvac Group		133,238		260,268
MMG, Ltd. (B)		88,000		35,836
National Australia Bank, Ltd.		97,294		1,748,198
Newcrest Mining, Ltd.		28,639		518,654
Oil Search, Ltd.		49,235		273,931
Orica, Ltd. (A)		13,519		169,328
Origin Energy, Ltd.		63,117		323,097
QBE Insurance Group, Ltd. (A)		49,037		429,021
Ramsay Health Care, Ltd. (A)		5,011		229,147
REA Group, Ltd.		2,146		113,966
Santos, Ltd.		60,142		291,194
Scentre Group		191,167		558,035
SEEK, Ltd.		11,910		148,579
Sonic Healthcare, Ltd.		14,921		260,409
South32, Ltd.		112,851		299,709
South32, Ltd. (London Stock Exchange)		74,597		195,140
Stockland		87,409		239,088
Suncorp Group, Ltd.		46,533		455,764
Sydney Airport		39,872		210,478
Tabcorp Holdings, Ltd.		75,725		248,497
Telstra Corp., Ltd.		148,535		350,255
The GPT Group		65,090		287,115
TPG Telecom, Ltd.		13,013		64,257
Transurban Group		93,165		873,805
Treasury Wine Estates, Ltd.		26,341		279,615
Vicinity Centres		127,154		234,773
Washington H Soul Pattinson & Company, Ltd.		3,863		72,292
Wesfarmers, Ltd.		40,710		1,002,482
Westpac Banking Corp.		121,874		2,246,559
Woodside Petroleum, Ltd.		33,609		825,103
Woolworths Group, Ltd.		48,115		1,039,087
WorleyParsons, Ltd.		11,515		115,572
				34,855,944
Austria – 0.2%
ANDRITZ AG (A)		2,752		118,033
Erste Group Bank AG (B)		11,010		404,660
OMV AG		5,543		300,994
Raiffeisen Bank International AG		4,926		110,650
Verbund AG		2,442		117,282
voestalpine AG		4,357		132,446
				1,184,065

International Equity Index Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
Belgium – 0.7%
Ageas		7,799	$	376,199
Anheuser-Busch InBev SA		27,018		2,268,014
Colruyt SA		2,769		204,607
Groupe Bruxelles Lambert SA		3,135		304,787
KBC Group NV		8,597		601,027
Proximus SADP		5,996		173,290
Solvay SA		2,881		311,915
Telenet Group Holding NV		2,144		103,105
UCB SA		4,152		356,668
Umicore SA		6,530		290,635
				4,990,247
Brazil – 1.2%
Ambev SA		169,030		726,570
Atacadao Distribuicao Comercio e Industria, Ltd.		13,900		71,322
B2W Cia Digital (B)		6,600		71,169
B3 SA – Brasil Bolsa Balcao		72,207		592,358
Banco Bradesco SA		36,969		357,382
Banco do Brasil SA		30,113		374,706
Banco Santander Brasil SA		14,000		157,222
BB Seguridade Participacoes SA		24,400		165,270
BR Malls Participacoes SA		28,116		90,265
Braskem SA, ADR		1,584		40,899
BRF SA (B)		19,720		114,079
CCR SA		40,100		120,238
Centrais Eletricas Brasileiras SA (B)		11,900		111,513
Centrais Eletricas Brasileiras SA, ADR (B)		1,429		13,804
Cia Brasileira de Distribuicao, ADR		628		14,620
Cia de Saneamento Basico do Estado de Sao Paulo		11,270		120,893
Cia Siderurgica Nacional SA (B)		16,100		66,820
Cia Siderurgica Nacional SA, ADR (B)		11,800		48,498
Cielo SA		44,260		107,277
Cosan SA		7,211		78,550
Embraer SA		10,800		50,892
Embraer SA, ADR		2,626		49,920
Engie Brasil Energia SA		9,375		102,266
Equatorial Energia SA		6,700		136,897
Hypera SA		14,208		93,986
IRB Brasil Resseguros SA		3,900		90,892
JBS SA		28,673		116,586
Klabin SA		24,000		104,389
Kroton Educacional SA		47,780		129,354
Localiza Rent a Car SA		19,026		160,650
Lojas Renner SA		26,570		297,232
M Dias Branco SA		4,800		53,267
Magazine Luiza SA		2,700		119,196
Multiplan Empreendimentos Imobiliarios SA		9,975		59,590
Natura Cosmeticos SA		6,500		75,353
Petrobras Distribuidora SA		12,500		73,908
Petroleo Brasileiro SA		106,229		845,144
Porto Seguro SA		4,419		60,754
Raia Drogasil SA		8,100		135,091
Rumo SA (B)		38,235		187,008
Sul America SA		7,299		55,553
Suzano Papel e Celulose SA		17,263		205,244
Suzano Papel e Celulose SA, ADR		1,582		37,478
Telefonica Brasil SA, ADR		6,017		72,625
TIM Participacoes SA		28,020		84,375
Ultrapar Participacoes SA		12,700		152,451
Vale SA		113,597		1,477,644
WEG SA		30,058		138,185
				8,609,385

95

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

International Equity Index Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
Canada – 6.7%
Agnico Eagle Mines, Ltd.		8,900	$	386,942
Alimentation Couche-Tard, Inc., Class B		15,800		930,726
AltaGas, Ltd. (A)		9,500		125,046
ARC Resources, Ltd. (A)		15,000		102,368
Atco, Ltd., Class I		3,100		104,389
Aurora Cannabis, Inc. (A)(B)		23,500		212,605
Bank of Montreal		23,200		1,735,899
Barrick Gold Corp.		42,340		580,438
Barrick Gold Corp.		20,657		287,274
BCE, Inc.		5,824		258,612
BlackBerry, Ltd. (B)		19,900		200,586
Bombardier, Inc., Class B (B)		75,600		145,390
Brookfield Asset Management, Inc., Class A		30,148		1,404,583
CAE, Inc.		10,400		230,437
Cameco Corp.		15,500		182,680
Canadian Imperial Bank of Commerce (A)		16,000		1,264,339
Canadian National Railway Company		26,000		2,327,519
Canadian Natural Resources, Ltd. (A)		44,260		1,215,175
Canadian Pacific Railway, Ltd.		5,100		1,050,798
Canadian Tire Corp., Ltd., Class A (A)		2,500		269,372
Canadian Utilities, Ltd., Class A		5,100		139,221
Canopy Growth Corp. (A)(B)		7,000		302,870
CCL Industries, Inc., Class B		5,200		210,514
Cenovus Energy, Inc.		40,300		349,819
CGI, Inc. (B)		9,400		646,221
CI Financial Corp.		10,300		140,586
Constellation Software, Inc.		700		593,220
Dollarama, Inc.		12,000		320,126
Emera, Inc. (A)		2,400		89,743
Empire Company, Ltd., Class A		7,200		155,869
Enbridge, Inc.		72,200		2,614,944
Encana Corp.		53,100		384,636
Fairfax Financial Holdings, Ltd.		1,000		463,202
Finning International, Inc.		6,800		120,902
First Capital Realty, Inc.		6,600		105,691
First Quantum Minerals, Ltd. (A)		25,554		289,702
Fortis, Inc.		15,600		576,559
Franco-Nevada Corp.		6,900		517,313
George Weston, Ltd.		3,099		222,833
Gildan Activewear, Inc.		8,400		302,032
Goldcorp, Inc.		32,584		372,814
Great-West Lifeco, Inc.		11,200		271,210
H&R Real Estate Investment Trust		6,200		108,611
Husky Energy, Inc.		13,897		137,790
Hydro One, Ltd. (C)		11,600		180,204
iA Financial Corp., Inc.		4,100		151,194
IGM Financial, Inc. (A)		3,500		90,044
Imperial Oil, Ltd. (A)		11,130		303,829
Intact Financial Corp.		5,200		440,016
Inter Pipeline, Ltd.		14,100		233,285
Keyera Corp.		8,100		190,991
Kinross Gold Corp. (B)		48,929		168,424
Loblaw Companies, Ltd.		6,740		332,473
Lundin Mining Corp.		26,800		124,339
Magna International, Inc.		11,600		564,831
Manulife Financial Corp. (D)		71,400		1,207,498
Methanex Corp.		2,200		124,952
Metro, Inc.		9,357		344,494
National Bank of Canada		12,400		559,617
Nutrien, Ltd. (A)		21,990		1,159,767
Onex Corp.		3,100		174,863
Open Text Corp.		9,800		376,277
Pembina Pipeline Corp.		18,298		672,166

International Equity Index Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
Canada (continued)
Power Corp. of Canada		13,200	$	307,788
Power Financial Corp. (A)		9,300		217,268
PrairieSky Royalty, Ltd. (A)		8,347		112,430
Restaurant Brands International, Inc.		8,446		549,478
RioCan Real Estate Investment Trust		6,300		124,788
Rogers Communications, Inc., Class B		13,100		704,529
Royal Bank of Canada		51,400		3,877,837
Saputo, Inc.		9,100		310,177
Seven Generations Energy, Ltd., Class A (B)		9,900		71,490
Shaw Communications, Inc., Class B		16,400		341,291
Shopify, Inc., Class A (A)(B)		3,300		681,212
SmartCentres Real Estate Investment Trust		3,100		81,215
SNC-Lavalin Group, Inc.		6,500		164,938
Sun Life Financial, Inc.		22,100		849,040
Suncor Energy, Inc.		57,335		1,858,180
Teck Resources, Ltd., Class B		18,261		422,517
TELUS Corp.		7,600		281,286
The Bank of Nova Scotia		42,900		2,283,762
The Stars Group, Inc. (B)		6,300		110,127
The Toronto-Dominion Bank		65,400		3,549,076
Thomson Reuters Corp.		7,754		458,794
Tourmaline Oil Corp.		9,700		149,817
TransCanada Corp.		32,200		1,446,211
Turquoise Hill Resources, Ltd. (B)		40,020		65,884
Vermilion Energy, Inc. (A)		4,800		118,496
West Fraser Timber Company, Ltd.		2,700		131,328
Wheaton Precious Metals Corp.		16,900		402,282
WSP Global, Inc.		3,700		202,201
				49,724,312
Chile – 0.3%
Antofagasta PLC		15,103		190,022
Banco Santander Chile, ADR		15,561		462,940
Cencosud SA		61,383		106,259
Cia Cervecerias Unidas SA, ADR		8,997		265,052
Enel Americas SA, ADR		46,802		417,942
Enel Chile SA, ADR		53,119		275,156
Itau CorpBanca		7,999		103,827
Latam Airlines Group SA, ADR		19,197		203,104
Sociedad Quimica y Minera de Chile SA, ADR		6,254		240,404
				2,264,706
China – 7.3%
3SBio, Inc. (C)		40,500		79,656
51job, Inc., ADR (B)		900		70,092
58.com, Inc., ADR (B)		3,300		216,744
AAC Technologies Holdings, Inc.		27,342		162,180
Agile Group Holdings, Ltd.		54,000		87,651
Agricultural Bank of China, Ltd., Class A		56,500		31,372
Agricultural Bank of China, Ltd., H Shares		1,041,000		481,217
Air China, Ltd., H Shares		84,534		104,110
Alibaba Group Holding, Ltd., ADR (B)		46,500		8,483,909
Aluminum Corp. of China, Ltd., H Shares (B)		185,220		68,440
Angang Steel Company, Ltd., H Shares		38,000		27,842
Anhui Conch Cement Company, Ltd., H Shares		56,790		347,493
ANTA Sports Products, Ltd.		43,000		293,131
Autohome, Inc., ADR (A)(B)		2,100		220,752
AviChina Industry & Technology Company, Ltd., H Shares		72,000		46,011
BAIC Motor Corp., Ltd., H Shares (C)		63,000		41,239

96

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

International Equity Index Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
China (continued)
Baidu, Inc., ADR (B)		9,900	$	1,632,015
Bank of China, Ltd., Class A		52,600		29,508
Bank of China, Ltd., H Shares		2,832,563		1,287,316
Bank of Communications Company, Ltd., Class A		35,200		32,672
Bank of Communications Company, Ltd., H Shares		337,527		276,909
Baozun, Inc., ADR (A)(B)		1,300		54,002
BeiGene, Ltd., ADR (B)		1,200		158,400
Beijing Capital International Airport Company, Ltd., H Shares		52,789		50,139
BYD Company, Ltd., H Shares (A)		24,105		145,745
CGN Power Company, Ltd., H Shares (C)		446,000		124,488
China Cinda Asset Management Company, Ltd., H Shares		304,800		84,764
China CITIC Bank Corp., Ltd., H Shares		310,800		198,186
China Communications Construction Company, Ltd., H Shares		152,335		157,882
China Communications Services Corp., Ltd., H Shares		129,600		115,799
China Conch Venture Holdings, Ltd.		57,900		207,333
China Construction Bank Corp., H Shares		3,445,914		2,957,865
China Eastern Airlines Corp., Ltd., H Shares		50,000		35,481
China Everbright Bank Company, Ltd., H Shares		120,000		56,819
China Evergrande Group		111,959		372,881
China Galaxy Securities Company, Ltd., H Shares		129,500		85,355
China Huarong Asset Management Company, Ltd., H Shares (C)		351,700		74,936
China Huishan Dairy Holdings Company, Ltd. (B)(E)		225,000		0
China International Capital Corp., Ltd., H Shares (C)		36,800		85,427
China Life Insurance Company, Ltd., H Shares		265,624		716,158
China Literature, Ltd. (A)(B)(C)		6,400		30,043
China Longyuan Power Group Corp., Ltd., H Shares		99,000		68,977
China Medical System Holdings, Ltd.		48,300		46,958
China Merchants Bank Company, Ltd., Class A		10,700		53,972
China Merchants Bank Company, Ltd., H Shares		139,323		678,745
China Minsheng Banking Corp., Ltd., Class A		32,880		31,026
China Minsheng Banking Corp., Ltd., H Shares		242,496		176,357
China Molybdenum Company, Ltd., H Shares		129,000		54,041
China National Building Material Company, Ltd., H Shares		138,000		109,223
China Oilfield Services, Ltd., H Shares		56,000		60,452
China Pacific Insurance Group Company, Ltd., Class A		6,000		30,301
China Pacific Insurance Group Company, Ltd., H Shares		94,100		369,741
China Petroleum & Chemical Corp., H Shares		909,361		721,729
China Railway Construction Corp., Ltd., H Shares		67,500		88,594
China Railway Group, Ltd., H Shares		179,000		163,430

International Equity Index Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
China (continued)
China Railway Signal & Communication Corp., Ltd., H Shares (C)		53,000	$	41,978
China Reinsurance Group Corp., H Shares		203,000		42,965
China Resources Pharmaceutical Group, Ltd. (C)		66,000		93,300
China Shenhua Energy Company, Ltd., H Shares		127,500		290,979
China Southern Airlines Company, Ltd., H Shares		64,000		57,267
China State Construction Engineering Corp., Ltd., Class A		36,540		33,226
China Telecom Corp., Ltd., H Shares		481,604		267,976
China Tower Corp., Ltd., H Shares (B)(C)		1,228,000		285,239
China Vanke Company, Ltd., Class A		8,000		36,451
China Vanke Company, Ltd., H Shares		45,400		191,084
China Yangtze Power Company, Ltd., Class A		12,700		31,857
Chongqing Rural Commercial Bank Company, Ltd., H Shares		88,000		50,929
CIFI Holdings Group Company, Ltd.		122,000		92,662
CITIC Securities Company, Ltd., Class A		10,500		38,661
CITIC Securities Company, Ltd., H Shares		75,500		176,406
CNOOC, Ltd.		637,258		1,187,008
COSCO SHIPPING Energy Transportation Company, Ltd., H Shares		44,000		25,249
COSCO SHIPPING Holdings Company, Ltd., H Shares (B)		92,000		38,244
Country Garden Holdings Company, Ltd.		271,574		425,212
Country Garden Services Holdings Company, Ltd. (B)		36,000		67,217
CRRC Corp., Ltd., Class A		22,000		29,767
CRRC Corp., Ltd., H Shares		164,150		154,845
CSPC Pharmaceutical Group, Ltd.		164,000		305,555
Ctrip.com International, Ltd., ADR (B)		14,300		624,767
Dali Foods Group Company, Ltd. (C)		73,000		54,520
Datang International Power Generation Company, Ltd., H Shares		110,000		29,469
Dongfeng Motor Group Company, Ltd., H Shares		123,220		123,616
ENN Energy Holdings, Ltd.		26,000		251,650
Foshan Haitian Flavouring & Food Company Ltd., Class A		2,400		30,931
Fosun International, Ltd.		102,500		174,150
Future Land Development Holdings, Ltd.		64,000		79,467
Fuyao Glass Industry Group Company, Ltd., H Shares (C)		16,800		56,499
GDS Holdings, Ltd., ADR (A)(B)		2,100		74,949
Geely Automobile Holdings, Ltd. (A)		179,000		343,498
Genscript Biotech Corp. (B)		28,000		52,971
GF Securities Company, Ltd., H Shares		47,800		68,843
GOME Retail Holdings, Ltd. (A)(B)		386,127		35,954
Great Wall Motor Company, Ltd., H Shares (A)		123,000		92,545
Guangzhou Automobile Group Company, Ltd., H Shares		142,310		168,426
Guangzhou R&F Properties Company, Ltd., H Shares		43,600		94,571
Guotai Junan Securities Company, Ltd., H Shares (C)		21,400		47,683
Haitian International Holdings, Ltd. (A)		29,000		66,040

97

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

International Equity Index Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
China (continued)
Haitong Securities Company, Ltd., H Shares		113,200	$	146,829
Hangzhou Hikvision Digital Technology Company, Ltd., Class A		6,200		32,289
Hengan International Group Company, Ltd.		25,000		219,180
Huadian Power International Corp., Ltd., H Shares		58,000		23,896
Huaneng Power International, Inc., H Shares		149,436		86,845
Huaneng Renewables Corp., Ltd., H Shares		226,000		62,880
Huatai Securities Company, Ltd., H Shares (C)		65,400		131,064
Huazhu Group, Ltd., ADR		4,700		198,058
Industrial & Commercial Bank of China, Ltd., Class A		40,600		33,642
Industrial & Commercial Bank of China, Ltd., H Shares		2,570,735		1,887,908
Industrial Bank Company, Ltd., Class A		14,900		40,264
Inner Mongolia Yili Industrial Group Company, Ltd., Class A		6,500		28,075
Inner Mongolia Yitai Coal Company, Ltd., Class B		37,900		46,664
iQIYI, Inc., ADR (B)		4,500		107,640
JD.com, Inc., ADR (B)		25,800		777,870
Jiangsu Expressway Company, Ltd., H Shares		41,145		58,220
Jiangsu Hengrui Medicine Company, Ltd., Class A		3,360		32,635
Jiangsu Yanghe Brewery Joint-Stock Company, Ltd., Class A		1,400		27,158
Jiangxi Copper Company, Ltd., H Shares		54,075		71,835
Kingdee International Software Group Company, Ltd.		70,000		81,281
Kingsoft Corp., Ltd.		29,000		73,940
Kweichow Moutai Company, Ltd., Class A		500		63,415
KWG Group Holdings, Ltd.		45,000		54,430
Legend Holdings Corp., H Shares (C)		13,600		36,177
Lenovo Group, Ltd.		257,436		232,271
Logan Property Holdings Company, Ltd.		48,000		79,620
Longfor Group Holdings, Ltd.		53,600		189,054
Meitu, Inc. (A)(B)(C)		61,000		28,744
Meituan Dianping, Class B (A)(B)		11,900		80,432
Metallurgical Corp. of China, Ltd., H Shares		103,000		30,493
Midea Group Company, Ltd., Class A		4,500		32,618
Minth Group, Ltd.		26,000		81,982
Momo, Inc., ADR (B)		5,200		198,848
NetEase, Inc., ADR		2,800		676,060
New China Life Insurance Company, Ltd., H Shares		29,500		150,665
New Oriental Education & Technology Group, Inc., ADR (B)		5,100		459,459
Noah Holdings, Ltd., ADR (B)		1,000		48,460
PetroChina Company, Ltd., H Shares		756,261		495,059
PICC Property & Casualty Company, Ltd., H Shares		252,363		287,292
Pinduoduo, Inc., ADR (A)(B)		6,800		168,640
Ping An Bank Company, Ltd., Class A		19,000		36,217
Ping An Insurance Group Company of China, Ltd., Class A		5,300		60,719
Ping An Insurance Group Company of China, Ltd., H Shares		185,790		2,091,664

International Equity Index Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
China (continued)
Postal Savings Bank of China
Company, Ltd., H Shares (C)		99,000	$	56,685
SAIC Motor Corp., Ltd., Class A		6,300		24,415
Semiconductor Manufacturing International Corp. (A)(B)		105,400		106,816
Shandong Weigao Group Medical Polymer Company, Ltd., H Shares		80,000		76,501
Shanghai Electric Group Company, Ltd., H Shares		144,864		55,048
Shanghai Fosun Pharmaceutical Group Company, Ltd., H Shares		17,500		63,341
Shanghai Lujiazui Finance & Trade Zone Development Company, Ltd., B Shares		32,700		47,961
Shanghai Pharmaceuticals Holding Company, Ltd., H Shares		31,100		67,783
Shanghai Pudong Development Bank Company, Ltd., Class A		21,900		36,746
Shenzhou International Group Holdings, Ltd.		27,000		362,751
Sihuan Pharmaceutical Holdings Group, Ltd.		175,000		42,421
SINA Corp. (B)		2,300		136,252
Sino-Ocean Group Holding, Ltd.		177,213		77,880
Sinopec Engineering Group Company, Ltd., H Shares		47,000		45,963
Sinopec Shanghai Petrochemical Company, Ltd., H Shares		119,901		57,168
Sinopharm Group Company, Ltd., H Shares		42,800		178,449
Sinotrans, Ltd., H Shares		73,000		31,393
Sinotruk Hong Kong, Ltd.		24,500		52,290
SOHO China, Ltd. (B)		140,000		58,986
Sunac China Holdings, Ltd.		85,000		424,464
Sunny Optical Technology Group Company, Ltd.		25,400		304,505
TAL Education Group, ADR (B)		12,700		458,216
Tencent Holdings, Ltd.		205,300		9,441,295
Tencent Music Entertainment Group, ADR (A)(B)		3,200		57,920
The People’s Insurance Company Group of China, Ltd., H Shares		265,000		113,639
Tingyi Cayman Islands Holding Corp.		76,000		125,453
Tong Ren Tang Technologies Company, Ltd., H Shares		20,000		26,879
TravelSky Technology, Ltd., H Shares		31,000		82,092
Tsingtao Brewery Company, Ltd., H Shares		12,000		56,614
Uni-President China Holdings, Ltd.		46,000		45,143
Vipshop Holdings, Ltd., ADR (B)		15,300		122,859
Want Want China Holdings, Ltd.		243,000		202,145
Weibo Corp., ADR (B)		1,890		117,161
Weichai Power Company, Ltd., H Shares		78,720		126,346
Wuliangye Yibin Company, Ltd., Class A		2,900		40,941
Wuxi Biologics Cayman, Inc. (B)(C)		17,500		170,475
Xiaomi Corp., Class B (B)(C)		122,800		178,512
Xinjiang Goldwind Science & Technology Company, Ltd., H Shares		22,200		32,017
Yangzijiang Shipbuilding Holdings, Ltd.		99,600		110,602
Yanzhou Coal Mining Company, Ltd., H Shares		85,990		84,618
Yum China Holdings, Inc.		13,700		615,267
YY, Inc., ADR (B)		1,600		134,416
Zhaojin Mining Industry Company, Ltd., H Shares		37,500		37,539

98

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

International Equity Index Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
China (continued)
Zhejiang Expressway Company, Ltd., H Shares		49,718	$	57,072
ZhongAn Online P&C Insurance Company, Ltd., H Shares (B)(C)		5,900		21,245
Zhongsheng Group Holdings, Ltd.		20,000		49,754
Zhuzhou CRRC Times Electric Company, Ltd., H Shares		18,000		106,561
Zijin Mining Group Company, Ltd., H Shares		285,469		118,193
ZTE Corp., H Shares (B)		25,887		78,072
ZTO Express Cayman, Inc., ADR		11,400		208,392
				53,897,882
Colombia – 0.1%
Bancolombia SA, ADR		15,325		782,495
Ecopetrol SA, ADR		8,500		182,240
				964,735
Czech Republic – 0.0%
CEZ AS		6,817		160,199
Komercni banka AS		3,440		140,613
Moneta Money Bank AS (C)		22,079		76,225
				377,037
Denmark – 1.2%
A.P. Moller – Maersk A/S, Series A		150		181,524
A.P. Moller – Maersk A/S, Series B (A)		245		310,623
Carlsberg A/S, Class B		3,881		485,312
Chr. Hansen Holding A/S		3,392		344,302
Coloplast A/S, B Shares		4,165		457,195
Danske Bank A/S		26,359		463,330
Demant A/S (A)(B)		5,000		147,983
DSV A/S		6,834		565,529
Genmab A/S (B)		2,092		362,999
H Lundbeck A/S		2,300		99,740
ISS A/S		6,590		200,710
Novo Nordisk A/S, B Shares		65,419		3,419,148
Novozymes A/S, B Shares		8,505		391,152
Orsted A/S (C)		7,108		539,144
Pandora A/S		4,042		189,395
Tryg A/S (A)		4,500		123,534
Vestas Wind Systems A/S		6,994		589,498
				8,871,118
Egypt – 0.0%
Commercial International Bank Egypt SAE		51,581		204,205
Global Telecom Holding SAE (B)		14,348		3,800
				208,005
Finland – 0.8%
Elisa OYJ		6,060		273,582
Fortum OYJ		16,798		344,056
Kone OYJ, B Shares		11,934		602,768
Metso OYJ		4,686		161,560
Neste OYJ		4,388		467,766
Nokia OYJ		153,528		874,595
Nokia OYJ (Helsinki Stock Exchange)		56,247		321,235
Nokian Renkaat OYJ		3,680		123,334
Nordea Bank ABP		110,405		840,719
Orion OYJ, Class B		3,379		126,971
Sampo OYJ, A Shares		15,692		711,209
Stora Enso OYJ, R Shares		20,482		250,768
UPM-Kymmene OYJ		19,972		583,323
Wartsila OYJ ABP		15,222		246,182
				5,928,068

International Equity Index Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
France – 7.2%
Accor SA		6,835	$	276,882
Aeroports de Paris		1,056		204,314
Air Liquide SA		15,322		1,949,909
Airbus SE		20,830		2,760,743
Alstom SA		6,025		261,257
Amundi SA (C)		2,415		152,089
Arkema SA		2,540		242,313
Atos SE		3,600		347,539
AXA SA		69,361		1,744,499
BioMerieux		1,446		119,598
BNP Paribas SA		40,242		1,915,054
Bollore SA		32,025		144,813
Bouygues SA		8,158		291,639
Bureau Veritas SA		10,005		234,726
Capgemini SE		5,748		697,476
Carrefour SA		21,404		399,982
Casino Guichard Perrachon SA (A)		1,963		85,106
Cie de Saint-Gobain		18,327		664,521
Cie Generale des Etablissements Michelin SCA		6,083		718,674
CNP Assurances		6,491		142,920
Covivio		1,191		126,402
Credit Agricole SA		40,674		491,098
Danone SA		22,058		1,698,495
Dassault Aviation SA		98		144,550
Dassault Systemes SE		4,672		696,359
Edenred		8,573		390,421
Eiffage SA		2,687		258,297
Electricite de France SA		21,104		288,902
Engie SA		65,345		974,485
EssilorLuxottica SA		7,546		824,328
EssilorLuxottica SA		2,806		305,117
Eurazeo SE		1,676		126,025
Eutelsat Communications SA		6,171		108,067
Faurecia SA		2,970		125,024
Gecina SA		1,635		241,864
Getlink SE		16,726		253,639
Hermes International		1,132		747,432
ICADE		1,225		103,625
Iliad SA		1,034		103,897
Imerys SA		1,510		75,327
Ingenico Group SA		2,382		170,151
Ipsen SA		1,496		205,149
JCDecaux SA		2,889		87,924
Kering SA (A)		2,716		1,557,911
Klepierre SA		7,310		255,771
Legrand SA		9,814		657,051
L’Oreal SA		9,054		2,438,176
LVMH Moet Hennessy Louis Vuitton SE		9,938		3,660,518
Natixis SA		35,715		191,301
Orange SA		72,209		1,177,233
Pernod Ricard SA		7,611		1,366,643
Peugeot SA		21,593		526,907
Publicis Groupe SA		8,005		428,605
Remy Cointreau SA		922		122,981
Renault SA		7,048		466,000
Rexel SA		12,161		137,241
Safran SA		11,936		1,635,965
Sanofi		40,317		3,565,014
Sartorius Stedim Biotech (A)		992		125,696
Schneider Electric SE		19,054		1,495,529
Schneider Electric SE (Euronext London Exchange)		623		48,805
SCOR SE		5,833		248,441
SEB SA		927		156,073
Societe BIC SA		917		81,749

99

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

International Equity Index Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
France (continued)
Societe Generale SA		27,684	$	799,891
Sodexo SA		3,211		353,595
Suez		13,406		177,632
Teleperformance		2,067		371,580
Thales SA		3,838		459,833
TOTAL SA		85,788		4,774,067
Ubisoft Entertainment SA (B)		3,042		271,265
Unibail-Rodamco-Westfield (A)		3,595		589,536
Unibail-Rodamco-Westfield, Chess Depositary Interest		27,093		222,690
Valeo SA		8,552		248,289
Veolia Environnement SA		17,413		389,598
Vinci SA		18,152		1,766,231
Vivendi SA		37,784		1,094,988
Wendel SA		986		124,255
				53,887,692
Germany – 5.3%
1&1 Drillisch AG		1,851		65,964
adidas AG		6,446		1,567,812
Allianz SE		15,169		3,380,392
Axel Springer SE		1,955		101,061
BASF SE		33,222		2,450,028
Bayer AG		33,577		2,162,097
Bayerische Motoren Werke AG		11,858		915,608
Beiersdorf AG		3,796		395,187
Brenntag AG		5,855		301,026
Commerzbank AG (B)		37,723		292,453
Continental AG		4,026		607,361
Covestro AG (C)		5,968		329,264
Daimler AG		32,355		1,898,707
Delivery Hero SE (B)(C)		3,273		118,288
Deutsche Bank AG (A)		73,967		602,983
Deutsche Boerse AG		7,052		904,209
Deutsche Lufthansa AG		9,032		198,534
Deutsche Post AG		34,717		1,129,799
Deutsche Telekom AG		119,710		1,988,774
Deutsche Wohnen SE		13,435		651,940
E.ON SE		80,904		900,323
Evonik Industries AG		6,088		166,137
Fraport AG Frankfurt Airport Services Worldwide		1,636		125,506
Fresenius Medical Care AG & Company KGaA		7,874		636,379
Fresenius SE & Company KGaA		14,863		830,726
GEA Group AG		7,004		183,567
Hannover Rueck SE		2,322		333,652
HeidelbergCement AG		5,549		399,984
Henkel AG & Company KGaA		3,884		369,576
HOCHTIEF AG		698		101,135
HUGO BOSS AG		2,319		158,561
Infineon Technologies AG		40,746		808,910
Innogy SE (C)		5,057		233,913
KION Group AG		2,424		126,844
LANXESS AG		3,216		171,932
Merck KGaA		4,647		530,555
METRO AG		6,304		104,701
MTU Aero Engines AG		1,815		411,392
Muenchener Rueckversicherungs-Gesellschaft AG		5,352		1,268,400
OSRAM Licht AG		3,780		130,219
ProSiebenSat.1 Media SE		8,326		118,537
Puma SE		226		130,989
RWE AG		18,337		492,391
SAP SE		35,123		4,060,397
Siemens AG		27,664		2,975,069

International Equity Index Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
Germany (continued)
Siemens Healthineers AG (C)		5,866	$	244,909
Symrise AG		4,676		421,534
Telefonica Deutschland Holding AG		27,806		87,434
thyssenkrupp AG		16,095		221,402
TUI AG		15,706		150,642
Uniper SE		6,933		209,273
United Internet AG		4,503		164,657
Volkswagen AG		1,264		206,068
Vonovia SE		17,716		919,386
Wirecard AG		4,386		550,984
Zalando SE (B)(C)		4,151		162,177
				39,169,748
Greece – 0.0%
Alpha Bank AE (B)		53,207		73,831
FF Group (B)(E)		1,869		4,193
Hellenic Telecommunications Organization SA		8,503		113,872
JUMBO SA		5,651		94,664
OPAP SA		8,113		83,853
Titan Cement Company SA		2,489		53,738
				424,151
Hong Kong – 3.8%
AIA Group, Ltd.		432,600		4,325,901
Alibaba Health Information Technology, Ltd. (B)		122,000		141,283
Alibaba Pictures Group, Ltd. (B)		500,000		88,737
ASM Pacific Technology, Ltd.		10,700		119,561
Beijing Enterprises Holdings, Ltd.		19,786		112,353
Beijing Enterprises Water Group, Ltd. (B)		198,000		122,486
BOC Hong Kong Holdings, Ltd.		134,328		557,451
Brilliance China Automotive Holdings, Ltd.		108,000		107,279
China Ding Yi Feng Holdings, Ltd. (A)(B)(E)		32,000		80,041
China Everbright International, Ltd.		117,851		120,039
China Everbright, Ltd.		32,216		63,976
China First Capital Group, Ltd. (B)		112,000		59,257
China Gas Holdings, Ltd. (A)		74,000		260,696
China Jinmao Holdings Group, Ltd.		224,000		146,472
China Mengniu Dairy Company, Ltd. (B)		98,004		364,753
China Merchants Port Holdings Company, Ltd.		44,745		95,426
China Mobile, Ltd.		220,530		2,250,361
China Overseas Land & Investment, Ltd. (A)		142,882		543,739
China Resources Beer Holdings Company, Ltd.		65,979		278,289
China Resources Cement Holdings, Ltd.		88,000		91,177
China Resources Gas Group, Ltd.		36,000		169,954
China Resources Land, Ltd.		110,964		498,663
China Resources Power Holdings Company, Ltd.		68,244		102,639
China State Construction International Holdings, Ltd.		71,250		66,862
China Taiping Insurance Holdings Company, Ltd.		60,500		180,838
China Traditional Chinese Medicine Holdings Company, Ltd.		80,000		47,639
China Unicom Hong Kong, Ltd.		215,982		274,994
CITIC, Ltd.		207,967		310,894
CK Asset Holdings, Ltd.		92,665		825,256
CK Hutchison Holdings, Ltd.		96,663		1,016,446
CK Infrastructure Holdings, Ltd.		24,772		203,327
CLP Holdings, Ltd.		59,900		694,756

100

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

International Equity Index Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
Hong Kong (continued)
COSCO SHIPPING Ports, Ltd.		95,728	$	103,517
Dairy Farm International Holdings, Ltd.		12,000		100,738
Far East Horizon, Ltd.		89,000		94,500
Fullshare Holdings, Ltd. (A)(B)		242,400		32,464
Galaxy Entertainment Group, Ltd.		86,000		586,091
Guangdong Investment, Ltd.		99,220		191,576
Haier Electronics Group Company, Ltd. (B)		45,000		131,016
Hanergy Thin Film Power Group, Ltd. (B)(E)		428,695		64,004
Hang Lung Group, Ltd.		30,000		96,440
Hang Lung Properties, Ltd.		74,326		181,537
Hang Seng Bank, Ltd.		27,819		686,932
Henderson Land Development Company, Ltd.		50,295		320,095
HK Electric Investments & HK Electric Investments, Ltd.		88,500		90,438
HKT Trust & HKT, Ltd.		145,233		233,531
Hong Kong & China Gas Company, Ltd.		326,475		782,967
Hong Kong Exchanges & Clearing, Ltd.		42,177		1,473,602
Hongkong Land Holdings, Ltd.		44,100		313,888
Hutchison China MediTech, Ltd., ADR (B)		1,900		58,102
Hysan Development Company, Ltd.		24,415		130,869
Jardine Matheson Holdings, Ltd.		8,000		499,437
Jardine Strategic Holdings, Ltd.		8,100		303,830
Jiayuan International Group, Ltd.		34,000		17,986
Kerry Properties, Ltd.		21,438		95,845
Kingboard Holdings, Ltd.		22,500		79,917
Kunlun Energy Company, Ltd.		118,000		123,520
Lee & Man Paper Manufacturing, Ltd.		56,000		47,784
Link REIT		77,244		904,347
Melco Resorts & Entertainment, Ltd., ADR		9,485		214,266
MTR Corp., Ltd.		52,105		322,836
New World Development Company, Ltd.		230,475		382,523
Nine Dragons Paper Holdings, Ltd.		81,000		77,314
NWS Holdings, Ltd.		58,117		127,239
PCCW, Ltd.		181,876		113,075
Power Assets Holdings, Ltd.		49,082		340,528
Shanghai Industrial Holdings, Ltd.		33,930		79,967
Shangri-La Asia, Ltd.		70,102		99,662
Shenzhen International Holdings, Ltd.		32,500		69,109
Shenzhen Investment, Ltd.		116,000		44,389
Shimao Property Holdings, Ltd.		64,000		200,566
Sino Biopharmaceutical, Ltd. (A)		249,000		227,560
Sino Land Company, Ltd.		121,778		235,795
SJM Holdings, Ltd.		83,000		94,883
SSY Group, Ltd.		54,000		50,359
Sun Art Retail Group, Ltd. (A)		86,000		83,899
Sun Hung Kai Properties, Ltd.		57,130		982,106
Swire Pacific, Ltd., Class A		18,163		233,956
Swire Properties, Ltd.		43,628		187,770
Techtronic Industries Company, Ltd.		49,000		329,998
The Bank of East Asia, Ltd.		42,804		139,147
The Wharf Holdings, Ltd.		46,876		141,709
WH Group, Ltd. (C)		327,303		350,092
Wharf Real Estate Investment Company, Ltd.		46,876		349,353
Wheelock & Company, Ltd.		29,000		212,833
Yue Yuen Industrial Holdings, Ltd.		31,567		108,678
Yuexiu Property Company, Ltd.		244,000		58,823
				27,924,953

International Equity Index Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
Hungary – 0.1%
MOL Hungarian Oil & Gas PLC		12,392	$	142,106
OTP Bank Nyrt		9,034		398,272
Richter Gedeon NYRT		4,794		90,570
				630,948
India – 2.3%
Adani Ports & Special Economic
Zone, Ltd.		28,840		158,034
Ambuja Cements, Ltd.		22,913		77,817
Ashok Leyland, Ltd.		52,290		68,715
Asian Paints, Ltd.		10,113		217,348
Aurobindo Pharma, Ltd.		9,153		103,897
Axis Bank, Ltd. (B)		65,325		730,115
Bajaj Auto, Ltd.		2,923		122,194
Bajaj Finance, Ltd.		5,420		236,146
Bajaj Finserv, Ltd.		1,261		128,085
Bharat Forge, Ltd.		9,316		68,883
Bharat Petroleum Corp., Ltd.		27,177		156,366
Bharti Airtel, Ltd.		42,144		201,607
Bharti Infratel, Ltd.		15,904		71,745
Bosch, Ltd.		253		66,431
Britannia Industries, Ltd.		2,012		89,482
Cadila Healthcare, Ltd.		6,725		33,497
Cipla, Ltd.		12,134		92,374
Coal India, Ltd.		24,417		83,315
Dabur India, Ltd.		17,709		104,516
Divi’s Laboratories, Ltd.		2,856		70,430
Dr. Reddy’s Laboratories, Ltd., ADR		6,754		273,537
Eicher Motors, Ltd.		425		125,812
GAIL India, Ltd., GDR		4,977		152,111
Glenmark Pharmaceuticals, Ltd.		4,541		42,293
Godrej Consumer Products, Ltd.		11,997		118,541
Grasim Industries, Ltd.		10,574		131,290
Havells India, Ltd.		11,177		124,790
HCL Technologies, Ltd.		18,977		298,028
Hero MotoCorp, Ltd.		1,675		61,700
Hindalco Industries, Ltd.		41,886		123,884
Hindustan Petroleum Corp., Ltd.		20,412		83,905
Hindustan Unilever, Ltd.		25,000		615,652
Housing Development Finance Corp., Ltd.		57,455		1,628,367
ICICI Bank, Ltd., ADR		52,063		596,642
Indiabulls Housing Finance, Ltd.		10,065		124,880
Indian Oil Corp., Ltd.		38,494		90,681
Infosys, Ltd., ADR		120,208		1,313,873
ITC, Ltd.		113,026		483,633
JSW Steel, Ltd.		33,031		139,602
Larsen & Toubro, Ltd.		16,660		332,440
LIC Housing Finance, Ltd.		9,991		76,578
Lupin, Ltd.		7,740		82,492
Mahindra & Mahindra Financial Services, Ltd.		12,958		78,665
Mahindra & Mahindra, Ltd., GDR		23,120		229,003
Marico, Ltd.		14,917		74,812
Maruti Suzuki India, Ltd.		3,626		349,044
Motherson Sumi Systems, Ltd.		37,306		80,727
Nestle India, Ltd.		776		122,683
NTPC, Ltd.		66,405		129,553
Oil & Natural Gas Corp., Ltd.		44,697		103,243
Page Industries, Ltd.		194		69,972
Petronet LNG, Ltd.		21,320		77,066
Piramal Enterprises, Ltd.		2,660		105,784
Power Grid Corp. of India, Ltd.		55,842		159,368
REC, Ltd.		22,831		50,203
Reliance Capital, Ltd., GDR (C)		4,327		12,773
Reliance Industries, Ltd.		10,985		216,156
Reliance Industries, Ltd., GDR (C)		45,832		1,839,654

101

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

International Equity Index Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
India (continued)
Shree Cement, Ltd.		276	$	74,700
Shriram Transport Finance Company, Ltd.		4,949		91,076
State Bank of India, GDR (B)		5,224		241,785
Sun Pharmaceutical Industries, Ltd.		29,344		202,582
Tata Consultancy Services, Ltd.		33,074		955,120
Tata Motors, Ltd., ADR (B)		16,666		209,325
Tata Steel, Ltd., GDR		11,000		81,486
Tech Mahindra, Ltd.		19,215		215,544
The Tata Power Company, Ltd.		38,886		41,347
Titan Company, Ltd.		10,263		169,676
UltraTech Cement, Ltd.		2,054		118,615
UltraTech Cement, Ltd., GDR (A)		1,026		59,218
United Spirits, Ltd. (B)		10,125		81,478
UPL, Ltd.		10,066		139,224
Vedanta, Ltd., ADR		13,934		147,143
Vodafone Idea, Ltd. (B)		42,286		10,950
Wipro, Ltd., ADR		87,330		347,573
Yes Bank, Ltd.		54,720		216,383
Zee Entertainment Enterprises, Ltd.		20,071		128,543
				17,132,202
Indonesia – 0.6%
Adaro Energy Tbk PT		315,000		29,831
Astra International Tbk PT		679,000		348,651
Bank Central Asia Tbk PT		360,900		704,254
Bank Danamon Indonesia Tbk PT		200,286		130,946
Bank Mandiri Persero Tbk PT (B)		715,674		375,546
Bank Negara Indonesia Persero Tbk PT (B)		276,500		183,001
Bank Rakyat Indonesia Persero Tbk PT		1,930,000		560,396
Berlian Laju Tanker Tbk PT (B)(E)		128,000		1,151
Bumi Serpong Damai Tbk PT (B)		429,500		42,476
Charoen Pokphand Indonesia Tbk PT		276,000		124,166
Gudang Garam Tbk PT		26,000		152,116
Hanjaya Mandala Sampoerna Tbk PT		362,500		95,638
Indah Kiat Pulp & Paper Corp. Tbk PT		97,300		58,857
Indocement Tunggal Prakarsa Tbk PT		53,500		82,473
Indofood CBP Sukses Makmur Tbk PT		114,400		75,034
Indofood Sukses Makmur Tbk PT		147,500		66,078
Jasa Marga Persero Tbk PT		123,300		51,817
Kalbe Farma Tbk PT		855,000		91,246
Pakuwon Jati Tbk PT		1,217,900		59,065
Perusahaan Gas Negara Persero Tbk PT		480,500		79,488
Semen Indonesia Persero Tbk PT		111,000		109,001
Surya Citra Media Tbk PT		339,000		39,449
Telekomunikasi Indonesia Persero Tbk PT		1,932,500		534,162
Telekomunikasi Indonesia Persero Tbk PT, ADR		358		9,831
Tower Bersama Infrastructure Tbk PT		115,900		32,090
Unilever Indonesia Tbk PT		66,500		230,126
United Tractors Tbk PT		55,279		105,206
				4,372,095
Ireland – 0.5%
AerCap Holdings NV (B)		5,178		240,984
AIB Group PLC		28,431		127,941
Bank of Ireland Group PLC		28,441		169,207
CRH PLC		30,535		946,455
DCC PLC		3,519		304,478
Irish Bank Resolution Corp., Ltd. (B)(E)		38,483		0
James Hardie Industries PLC (A)		15,679		202,293
Kerry Group PLC (London Stock Exchange), Class A		5,738		636,348
Kingspan Group PLC		5,492		253,081
Paddy Power Betfair PLC		2,701		208,468

International Equity Index Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
Ireland (continued)
Ryanair Holdings PLC, ADR (B)		1,872	$	140,288
Smurfit Kappa Group PLC		8,017		225,143
				3,454,686
Isle of Man – 0.0%
GVC Holdings PLC		21,037		153,373
Israel – 0.3%
Azrieli Group, Ltd.		1,424		84,349
Bank Hapoalim BM		35,772		237,730
Bank Leumi Le-Israel BM		54,437		356,646
Bezeq The Israeli Telecommunication Corp., Ltd.		65,229		46,916
Check Point Software Technologies, Ltd. (B)		4,816		609,176
Elbit Systems, Ltd.		787		101,946
Israel Chemicals, Ltd.		16,931		88,464
Mizrahi Tefahot Bank, Ltd.		5,543		114,243
Nice, Ltd. (B)		1,954		238,652
Teva Pharmaceutical Industries, Ltd. (A)(B)		33,126		518,859
Wix.com, Ltd. (B)		1,600		193,328
				2,590,309
Italy – 1.4%
Assicurazioni Generali SpA		44,210		819,681
Atlantia SpA (A)		17,752		460,381
Davide Campari-Milano SpA		20,278		199,225
Enel SpA		289,660		1,856,095
Eni SpA		90,809		1,604,469
Ferrari NV		4,346		583,880
Intesa Sanpaolo SpA		533,162		1,301,197
Leonardo SpA		15,427		179,676
Mediobanca Banca di Credito Finanziario SpA		22,013		229,202
Moncler SpA		6,366		256,931
Pirelli & C. SpA (B)(C)		14,232		91,763
Poste Italiane SpA (C)		17,531		170,771
Prysmian SpA		8,366		158,558
Recordati SpA		3,480		135,601
Snam SpA		82,228		422,994
Telecom Italia SpA (A)(B)		424,333		264,295
Telecom Italia SpA		233,394		132,550
Terna Rete Elettrica Nazionale SpA		57,188		362,964
UniCredit SpA		71,728		921,386
				10,151,619
Japan – 15.8%
ABC-Mart, Inc.		1,400		83,351
Acom Company, Ltd.		18,200		65,071
Aeon Company, Ltd.		22,200		464,987
AEON Financial Service Company, Ltd.		4,800		97,887
Aeon Mall Company, Ltd.		3,300		54,313
AGC, Inc.		6,500		228,316
Air Water, Inc.		5,000		72,622
Aisin Seiki Company, Ltd.		6,200		221,954
Ajinomoto Company, Inc.		16,300		260,914
Alfresa Holdings Corp.		6,200		176,680
Alps Alpine Company, Ltd.		7,400		154,719
Amada Holdings Company, Ltd.		12,000		119,067
ANA Holdings, Inc. (A)		4,100		150,420
Aozora Bank, Ltd.		3,900		96,376
Asahi Group Holdings, Ltd.		12,900		575,836
Asahi Intecc Company, Ltd.		3,500		164,831
Asahi Kasei Corp.		46,400		480,530
Asics Corp.		5,900		79,393
Astellas Pharma, Inc.		66,600		1,000,717
Bandai Namco Holdings, Inc.		7,499		352,085

102

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

International Equity Index Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
Japan (continued)
Benesse Holdings, Inc.		2,400	$	62,456
Bridgestone Corp.		21,800		840,030
Brother Industries, Ltd.		8,700		161,582
Calbee, Inc. (A)		2,500		67,520
Canon, Inc.		35,700		1,036,552
Casio Computer Company, Ltd. (A)		6,700		87,677
Central Japan Railway Company		5,200		1,208,722
Chubu Electric Power Company, Inc.		21,700		339,239
Chugai Pharmaceutical Company, Ltd.		8,200		564,808
Coca-Cola Bottlers Japan Holdings, Inc.		4,700		119,552
Concordia Financial Group, Ltd.		39,100		151,174
Credit Saison Company, Ltd.		5,000		66,155
CyberAgent, Inc. (A)		3,600		147,314
Dai Nippon Printing Company, Ltd.		8,100		194,018
Daicel Corp.		10,034		109,279
Daifuku Company, Ltd. (A)		3,500		183,082
Dai-ichi Life Holdings, Inc.		39,400		548,501
Daiichi Sankyo Company, Ltd.		20,200		932,789
Daikin Industries, Ltd.		9,000		1,057,902
Daito Trust Construction Company, Ltd.		2,500		348,795
Daiwa House Industry Company, Ltd.		20,200		643,322
Daiwa House REIT Investment Corp.		61		135,322
Daiwa Securities Group, Inc.		59,900		291,972
DeNA Company, Ltd.		3,500		52,760
Denso Corp.		15,600		609,480
Dentsu, Inc.		7,600		321,650
Disco Corp. (A)		1,000		143,211
East Japan Railway Company		11,000		1,062,227
Eisai Company, Ltd.		9,000		506,402
Electric Power Development Company, Ltd.		5,200		126,804
FamilyMart UNY Holdings Company, Ltd.		8,800		224,320
FANUC Corp.		6,900		1,179,994
Fast Retailing Company, Ltd.		2,100		989,018
Fuji Electric Company, Ltd.		4,600		130,966
FUJIFILM Holdings Corp.		13,800		628,563
Fujitsu, Ltd.		6,900		499,005
Fukuoka Financial Group, Inc.		5,800		128,793
Hakuhodo DY Holdings, Inc.		9,300		149,750
Hamamatsu Photonics KK		5,400		209,483
Hankyu Hanshin Holdings, Inc.		8,400		315,316
Hikari Tsushin, Inc.		800		151,846
Hino Motors, Ltd.		10,000		84,422
Hirose Electric Company, Ltd.		1,223		128,779
Hisamitsu Pharmaceutical Company, Inc.		2,000		92,255
Hitachi Chemical Company, Ltd.		3,700		82,340
Hitachi Construction Machinery Company, Ltd.		4,100		109,301
Hitachi High-Technologies Corp.		2,800		115,050
Hitachi Metals, Ltd.		9,000		104,852
Hitachi, Ltd.		34,600		1,124,176
Honda Motor Company, Ltd. (A)		58,100		1,578,041
Hoshizaki Corp.		1,900		117,945
Hoya Corp.		13,700		907,451
Hulic Company, Ltd. (A)		10,700		105,137
Idemitsu Kosan Company, Ltd.		7,206		241,042
IHI Corp.		5,700		137,315
Iida Group Holdings Company, Ltd.		5,000		90,726
Inpex Corp.		36,700		349,124
Isetan Mitsukoshi Holdings, Ltd.		12,219		123,616
Isuzu Motors, Ltd.		18,900		249,005
ITOCHU Corp. (A)		48,100		871,754
J Front Retailing Company, Ltd.		9,000		107,241
Japan Airlines Company, Ltd.		4,000		140,958

International Equity Index Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
Japan (continued)
Japan Airport Terminal Company, Ltd.		1,500	$	63,555
Japan Exchange Group, Inc.		17,500		312,357
Japan Post Bank Company, Ltd. (A)		14,000		152,967
Japan Post Holdings Company, Ltd.		56,400		660,098
Japan Prime Realty Investment Corp.		28		115,262
Japan Real Estate Investment Corp.		47		277,050
Japan Retail Fund Investment Corp.		93		186,892
Japan Tobacco, Inc.		39,800		985,759
JFE Holdings, Inc.		18,300		311,481
JGC Corp. (A)		7,000		93,335
JSR Corp.		6,500		101,128
JTEKT Corp.		7,300		90,141
JXTG Holdings, Inc.		116,611		532,322
Kajima Corp.		16,500		244,080
Kakaku.com, Inc.		5,000		96,326
Kamigumi Company, Ltd.		4,500		104,370
Kaneka Corp.		2,165		81,280
Kansai Paint Company, Ltd. (A)		7,000		133,805
Kao Corp.		17,500		1,381,217
Kawasaki Heavy Industries, Ltd.		5,000		123,666
KDDI Corp.		63,000		1,356,850
Keihan Holdings Company, Ltd.		3,400		143,138
Keikyu Corp. (A)		8,900		151,210
Keio Corp.		3,500		226,404
Keisei Electric Railway Company, Ltd.		4,800		174,559
Keyence Corp.		3,498		2,186,932
Kikkoman Corp.		5,200		255,690
Kintetsu Group Holdings Company, Ltd.		6,200		289,204
Kirin Holdings Company, Ltd.		29,300		700,964
Kobayashi Pharmaceutical Company, Ltd.		1,800		152,294
Kobe Steel, Ltd.		10,500		78,995
Koito Manufacturing Company, Ltd.		4,000		227,412
Komatsu, Ltd.		33,200		774,342
Konami Holdings Corp.		3,700		160,986
Konica Minolta, Inc.		14,800		145,930
Kose Corp.		1,100		202,742
Kubota Corp.		35,200		511,641
Kuraray Company, Ltd.		10,500		133,941
Kurita Water Industries, Ltd.		3,500		89,617
Kyocera Corp.		11,500		677,153
Kyowa Hakko Kirin Company, Ltd.		9,473		206,734
Kyushu Electric Power Company, Inc. (A)		12,500		147,647
Kyushu Railway Company		5,700		187,501
Lawson, Inc.		1,900		105,403
LINE Corp. (A)(B)		2,600		91,559
Lion Corp.		8,000		168,593
LIXIL Group Corp.		10,300		137,665
M3, Inc.		14,800		249,079
Makita Corp.		7,800		272,610
Marubeni Corp.		57,400		397,977
Marui Group Company, Ltd. (A)		7,600		153,666
Maruichi Steel Tube, Ltd.		2,300		67,089
Mazda Motor Corp.		20,300		227,602
McDonald’s Holdings Company Japan, Ltd.		2,600		120,285
Mebuki Financial Group, Inc.		29,510		75,534
Medipal Holdings Corp.		6,090		144,904
MEIJI Holdings Company, Ltd.		4,500		365,811
MINEBEA MITSUMI, Inc. (A)		13,900		209,813
MISUMI Group, Inc.		10,700		267,149
Mitsubishi Chemical Holdings Corp.		45,700		322,761
Mitsubishi Corp.		48,100		1,339,163
Mitsubishi Electric Corp.		65,100		839,946

103

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

International Equity Index Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
Japan (continued)
Mitsubishi Estate Company, Ltd. (A)		42,200	$	765,716
Mitsubishi Gas Chemical Company, Inc.		5,814		83,277
Mitsubishi Heavy Industries, Ltd.		10,800		449,431
Mitsubishi Materials Corp.		3,900		103,127
Mitsubishi Motors Corp. (A)		24,700		131,606
Mitsubishi Tanabe Pharma Corp.		8,800		117,871
Mitsubishi UFJ Financial Group, Inc.		419,100		2,072,782
Mitsubishi UFJ Lease & Finance Company, Ltd.		17,600		89,843
Mitsui & Company, Ltd.		58,500		910,286
Mitsui Chemicals, Inc.		6,800		164,697
Mitsui Fudosan Company, Ltd.		32,300		813,687
Mitsui OSK Lines, Ltd.		4,700		101,408
Mizuho Financial Group, Inc.		860,700		1,331,909
MonotaRO Company, Ltd.		4,500		100,596
MS&AD Insurance Group Holdings, Inc.		17,100		521,013
Murata Manufacturing Company, Ltd.		19,200		960,864
Nabtesco Corp.		3,900		114,285
Nagoya Railroad Company, Ltd.		6,000		166,273
NEC Corp.		9,500		321,980
Nexon Company, Ltd. (B)		16,000		251,621
NGK Insulators, Ltd.		9,000		131,119
NGK Spark Plug Company, Ltd.		6,300		117,340
NH Foods, Ltd.		3,119		112,384
Nidec Corp.		8,000		1,018,679
Nikon Corp.		12,400		175,319
Nintendo Company, Ltd.		4,100		1,175,433
Nippon Building Fund, Inc.		48		325,021
Nippon Electric Glass Company, Ltd.		2,800		74,394
Nippon Express Company, Ltd.		2,900		161,693
Nippon Paint Holdings Company, Ltd. (A)		5,200		205,265
Nippon Prologis REIT, Inc.		60		127,743
Nippon Steel & Sumitomo Metal Corp.		27,200		481,457
Nippon Telegraph & Telephone Corp.		23,000		980,515
Nippon Yusen KK (A)		5,500		80,769
Nissan Chemical Corp.		4,600		211,314
Nissan Motor Company, Ltd. (A)		83,900		688,999
Nisshin Seifun Group, Inc.		7,400		170,113
Nissin Foods Holdings Company, Ltd.		2,200		151,373
Nitori Holdings Company, Ltd.		2,900		374,957
Nitto Denko Corp.		5,800		305,713
Nomura Holdings, Inc.		123,700		447,009
Nomura Real Estate Holdings, Inc.		4,500		86,593
Nomura Real Estate Master Fund, Inc.		151		222,441
Nomura Research Institute, Ltd.		4,082		185,933
NSK, Ltd.		13,215		124,250
NTT Data Corp. (A)		22,500		248,753
NTT DOCOMO, Inc.		46,900		1,039,474
Obayashi Corp.		22,000		221,731
Obic Company, Ltd.		2,200		222,474
Odakyu Electric Railway Company, Ltd.		10,900		264,505
Oji Holdings Corp.		30,000		186,685
Olympus Corp.		40,800		443,872
Omron Corp. (A)		7,100		333,567
Ono Pharmaceutical Company, Ltd.		13,100		257,421
Oracle Corp. Japan		1,500		100,873
Oriental Land Company, Ltd.		7,100		807,526
ORIX Corp.		47,800		686,772
Osaka Gas Company, Ltd.		13,800		272,842
Otsuka Corp.		3,800		142,167
Otsuka Holdings Company, Ltd.		13,900		547,284
Pan Pacific International Holdings Corp.		4,500		298,144
Panasonic Corp.		79,100		682,008
Park24 Company, Ltd.		4,100		89,134

International Equity Index Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
Japan (continued)
Persol Holdings Company, Ltd.		6,200	$	100,678
Pigeon Corp.		4,100		168,218
Pola Orbis Holdings, Inc.		3,200		102,356
Rakuten, Inc.		32,500		308,420
Recruit Holdings Company, Ltd.		39,700		1,138,217
Renesas Electronics Corp. (B)		29,900		138,949
Resona Holdings, Inc.		78,000		337,902
Ricoh Company, Ltd. (A)		24,000		251,335
Rinnai Corp.		1,200		84,966
Rohm Company, Ltd.		3,400		213,027
Ryohin Keikaku Company, Ltd.		900		228,451
Sankyo Company, Ltd.		1,900		72,538
Santen Pharmaceutical Company, Ltd.		14,000		209,249
SBI Holdings, Inc.		8,013		179,184
Secom Company, Ltd.		7,400		634,616
Sega Sammy Holdings, Inc.		6,900		81,529
Seibu Holdings, Inc.		7,300		127,905
Seiko Epson Corp.		9,400		144,196
Sekisui Chemical Company, Ltd.		13,400		215,924
Sekisui House, Ltd.		22,200		367,887
Seven & i Holdings Company, Ltd.		26,900		1,014,942
Seven Bank, Ltd.		20,400		60,307
SG Holdings Company, Ltd.		3,500		102,104
Sharp Corp. (B)		6,200		68,501
Shimadzu Corp.		8,000		232,199
Shimamura Company, Ltd.		700		59,326
Shimano, Inc.		2,600		423,324
Shimizu Corp.		20,000		174,185
Shin-Etsu Chemical Company, Ltd.		13,100		1,102,351
Shinsei Bank, Ltd.		5,600		79,686
Shionogi & Company, Ltd.		9,700		602,191
Shiseido Company, Ltd.		13,600		984,706
Showa Denko KK		4,800		169,670
SMC Corp.		2,000		753,913
Softbank Corp. (A)		59,900		674,846
SoftBank Group Corp.		29,500		2,875,563
Sohgo Security Services Company, Ltd.		2,900		126,493
Sompo Holdings, Inc.		11,300		418,473
Sony Corp.		45,400		1,916,843
Sony Financial Holdings, Inc.		5,800		109,457
Stanley Electric Company, Ltd.		5,300		142,822
Subaru Corp.		22,300		509,169
SUMCO Corp.		8,200		91,727
Sumitomo Chemical Company, Ltd.		56,000		261,425
Sumitomo Corp.		40,200		557,345
Sumitomo Dainippon Pharma Company, Ltd.		5,300		131,541
Sumitomo Electric Industries, Ltd.		26,500		352,532
Sumitomo Heavy Industries, Ltd.		4,002		130,064
Sumitomo Metal Mining Company, Ltd.		8,500		251,870
Sumitomo Mitsui Financial Group, Inc.		48,000		1,680,898
Sumitomo Mitsui Trust Holdings, Inc.		11,700		420,488
Sumitomo Realty & Development Company, Ltd.		13,000		539,375
Sumitomo Rubber Industries, Ltd.		7,100		85,275
Sundrug Company, Ltd.		2,400		66,236
Suntory Beverage & Food, Ltd.		5,000		235,158
Suzuken Company, Ltd.		2,640		153,133
Suzuki Motor Corp.		12,600		558,532
Sysmex Corp.		6,000		363,459
T&D Holdings, Inc.		19,900		209,563
Taiheiyo Cement Corp.		4,200		140,276
Taisei Corp.		7,400		344,269
Taisho Pharmaceutical Holdings Company, Ltd.		1,200		114,639

104

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

International Equity Index Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
Japan (continued)
Taiyo Nippon Sanso Corp.		4,600	$	70,236
Takashimaya Company, Ltd.		5,590		74,491
Takeda Pharmaceutical Company, Ltd.		53,176		2,177,677
TDK Corp.		4,700		369,910
Teijin, Ltd.		6,400		105,831
Terumo Corp.		21,800		667,204
The Bank of Kyoto, Ltd.		1,900		79,554
The Chiba Bank, Ltd.		21,600		117,458
The Chugoku Electric Power Company, Inc. (A)		10,000		124,826
The Kansai Electric Power Company, Inc.		24,500		361,304
The Shizuoka Bank, Ltd.		17,000		129,505
The Yokohama Rubber Company, Ltd.		5,000		93,076
THK Company, Ltd.		4,000		99,345
Tobu Railway Company, Ltd.		6,400		184,971
Toho Company, Ltd.		4,067		163,602
Toho Gas Company, Ltd. (A)		2,800		125,922
Tohoku Electric Power Company, Inc.		16,600		211,957
Tokio Marine Holdings, Inc.		23,100		1,119,118
Tokyo Century Corp.		1,500		65,375
Tokyo Electric Power Company Holdings, Inc. (B)		51,500		325,795
Tokyo Electron, Ltd. (A)		5,600		812,327
Tokyo Gas Company, Ltd.		13,900		376,269
Tokyu Corp.		17,900		312,913
Tokyu Fudosan Holdings Corp.		19,300		115,657
Toppan Printing Company, Ltd.		7,900		119,553
Toray Industries, Inc.		49,500		315,878
Toshiba Corp.		23,600		752,223
Tosoh Corp.		9,300		145,110
TOTO, Ltd. (A)		5,400		229,608
Toyo Seikan Group Holdings, Ltd.		5,500		112,824
Toyo Suisan Kaisha, Ltd.		3,600		137,231
Toyoda Gosei Company, Ltd.		2,466		52,356
Toyota Industries Corp.		5,200		261,294
Toyota Motor Corp.		81,680		4,811,834
Toyota Tsusho Corp.		7,900		258,124
Trend Micro, Inc.		4,300		209,714
Tsuruha Holdings, Inc.		1,300		105,877
Unicharm Corp.		14,600		484,022
United Urban Investment Corp.		114		179,973
USS Company, Ltd.		7,770		144,503
Welcia Holdings Company, Ltd.		1,700		57,756
West Japan Railway Company		5,900		444,540
Yahoo Japan Corp.		102,600		251,642
Yakult Honsha Company, Ltd.		4,143		290,481
Yamada Denki Company, Ltd. (A)		22,400		110,474
Yamaguchi Financial Group, Inc.		7,000		59,351
Yamaha Corp.		4,900		245,360
Yamaha Motor Company, Ltd.		10,100		198,671
Yamato Holdings Company, Ltd.		11,000		284,579
Yamazaki Baking Company, Ltd.		4,000		65,025
Yaskawa Electric Corp.		9,000		284,162
Yokogawa Electric Corp.		7,686		159,605
ZOZO, Inc. (A)		7,300		138,013
				117,415,395
Luxembourg – 0.2%
ArcelorMittal		24,275		492,647
Aroundtown SA		27,728		228,717
Eurofins Scientific SE (A)		430		178,133
Millicom International Cellular SA		2,582		156,809
Reinet Investments SCA		5,229		89,619
RTL Group SA		1,422		77,730
SES SA		12,937		201,294
Tenaris SA		16,418		231,282
				1,656,231

International Equity Index Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
Macau – 0.1%
MGM China Holdings, Ltd.		35,912	$	75,309
Sands China, Ltd.		89,600		450,952
Wynn Macau, Ltd.		61,415		145,041
				671,302
Malaysia – 0.6%
AirAsia Group BHD		21,700		14,164
Alliance Bank Malaysia BHD		53,600		53,770
AMMB Holdings BHD		59,087		66,072
Axiata Group BHD		99,226		101,066
British American Tobacco Malaysia BHD		4,300		38,099
CIMB Group Holdings BHD		178,578		225,663
Dialog Group BHD		166,000		128,863
DiGi.Com BHD		110,800		123,649
Gamuda BHD		72,333		51,173
Genting BHD		72,900		118,724
Genting Malaysia BHD		105,700		83,026
Genting Plantations BHD		15,000		38,968
HAP Seng Consolidated BHD		30,200		73,244
Hartalega Holdings BHD		60,200		68,365
Hong Leong Bank BHD		23,269		115,895
Hong Leong Financial Group BHD		6,104		28,692
IHH Healthcare BHD		108,100		153,052
IJM Corp. BHD		87,420		47,637
IOI Corp. BHD		114,466		125,132
IOI Properties Group BHD		83,462		27,015
Kuala Lumpur Kepong BHD		17,150		104,212
Malayan Banking BHD		158,909		361,093
Malaysia Airports Holdings BHD		34,427		61,153
Maxis BHD		67,200		88,345
MISC BHD		26,280		43,137
Nestle Malaysia BHD		2,800		100,709
Petronas Chemicals Group BHD		99,800		224,086
Petronas Dagangan BHD		12,200		74,845
Petronas Gas BHD		21,200		91,625
PPB Group BHD		21,240		95,291
Press Metal Aluminium Holdings BHD		60,400		66,879
Public Bank BHD		97,378		552,856
RHB Bank BHD		29,167		40,775
Sime Darby BHD		108,224		59,168
Sime Darby Plantation BHD		108,224		133,169
Sime Darby Property BHD		108,224		29,457
Telekom Malaysia BHD		42,705		33,528
Tenaga Nasional BHD		124,350		386,333
YTL Corp. BHD		156,867		40,757
				4,269,687
Malta – 0.0%
BGP Holdings PLC (B)(E)		271,827		0
Mexico – 0.7%
Alfa SAB de CV, Class A		108,680		115,510
Alsea SAB de CV		18,000		37,715
America Movil SAB de CV, Series L (A)		1,206,532		862,153
Arca Continental SAB de CV (A)		16,000		89,132
Banco Santander Mexico SA, B Shares		65,000		88,775
Cemex SAB de CV (B)		521,849		243,580
Coca-Cola Femsa SAB de CV, Series L		19,312		127,661
El Puerto de Liverpool SAB de CV, Series C1		7,600		48,199
Fibra Uno Administracion SA de CV		120,700		166,777
Fomento Economico Mexicano SAB de CV (A)		69,720		642,666

105

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

International Equity Index Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
Mexico (continued)
Fresnillo PLC		9,037	$	102,416
Gruma SAB de CV, Class B		7,685		78,472
Grupo Aeroportuario del Pacifico SAB de CV, B Shares		14,000		124,289
Grupo Aeroportuario del Sureste SAB de CV, B Shares		8,020		129,591
Grupo Bimbo SAB de CV, Series A (A)		58,984		123,315
Grupo Carso SAB de CV, Series A1		17,777		69,871
Grupo Financiero Banorte SAB de CV, Series O		92,962		505,034
Grupo Financiero Inbursa SAB de CV, Series O		86,738		120,163
Grupo Mexico SAB de CV, Series B (A)		136,866		374,702
Grupo Televisa SAB (A)		87,126		192,967
Industrias Penoles SAB de CV		4,883		60,937
Infraestructura Energetica Nova SAB de CV		18,000		72,333
Kimberly-Clark de Mexico SAB de CV, Class A (A)(B)		56,178		95,336
Mexichem SAB de CV		37,631		89,957
Promotora y Operadora de Infraestructura SAB de CV		9,800		97,171
Wal-Mart de Mexico SAB de CV		186,488		498,544
				5,157,266
Netherlands – 3.2%
ABN AMRO Group NV (C)		15,368		346,466
Adyen NV (A)(B)(C)		264		207,070
Aegon NV		69,254		332,661
Akzo Nobel NV		8,226		730,747
ASML Holding NV		14,584		2,741,072
EXOR NV		3,992		259,257
Heineken Holding NV		4,217		423,129
Heineken NV		9,190		971,333
ING Groep NV		139,163		1,686,287
Koninklijke Ahold Delhaize NV		46,490		1,237,745
Koninklijke DSM NV		6,581		717,890
Koninklijke KPN NV		122,257		388,091
Koninklijke Philips NV		34,753		1,419,930
Koninklijke Vopak NV		2,830		135,549
NN Group NV		11,618		483,386
NXP Semiconductors NV		12,069		1,066,779
QIAGEN NV (B)		7,963		323,237
Randstad NV (A)		4,395		214,600
Royal Dutch Shell PLC, A Shares		161,040		5,060,856
Royal Dutch Shell PLC, B Shares		134,198		4,241,428
Wolters Kluwer NV		10,629		724,149
				23,711,662
New Zealand – 0.1%
a2 Milk Company, Ltd. (B)		26,028		254,675
Auckland International Airport, Ltd.		35,472		196,784
Fisher & Paykel Healthcare Corp., Ltd.		19,921		213,257
Fletcher Building, Ltd.		29,269		98,705
Meridian Energy, Ltd.		43,320		123,582
Ryman Healthcare, Ltd.		12,940		108,044
Spark New Zealand, Ltd.		63,312		164,002
				1,159,049
Norway – 0.5%
Aker BP ASA		3,844		137,086
DNB ASA		35,015		644,969
Equinor ASA		42,262		926,386
Gjensidige Forsikring ASA (A)		6,934		119,857
Mowi ASA		14,928		333,506
Norsk Hydro ASA		48,185		195,959
Orkla ASA		29,206		224,296

International Equity Index Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
Norway (continued)
Schibsted ASA, B Shares		3,512	$	125,909
Telenor ASA		26,898		538,604
Yara International ASA		6,981		286,046
				3,532,618
Peru – 0.1%
Cia de Minas Buenaventura SAA, ADR		8,064		139,346
Credicorp., Ltd.		2,434		584,038
Southern Copper Corp. (A)		2,874		114,040
				837,424
Philippines – 0.3%
Aboitiz Equity Ventures, Inc.		85,070		95,557
Aboitiz Power Corp.		72,200		48,712
Alliance Global Group, Inc.		147,100		45,301
Ayala Corp.		8,920		159,743
Ayala Land, Inc.		253,800		217,170
Bank of the Philippine Islands		34,118		54,763
BDO Unibank, Inc.		77,140		196,895
Globe Telecom, Inc.		970		35,820
GT Capital Holdings, Inc.		3,208		56,950
JG Summit Holdings, Inc.		85,100		102,945
Jollibee Foods Corp.		18,900		114,131
Manila Electric Company		8,090		58,623
Megaworld Corp.		564,000		62,304
Metro Pacific Investments Corp.		509,100		47,044
Metropolitan Bank & Trust Company		58,091		88,479
PLDT, Inc.		3,730		81,764
Security Bank Corp.		15,170		49,975
SM Investments Corp.		8,302		147,823
SM Prime Holdings, Inc.		311,044		236,493
Universal Robina Corp.		30,280		87,619
				1,988,111
Poland – 0.3%
Alior Bank SA (B)		4,231		65,920
Bank Handlowy w Warszawie SA		1,164		20,473
Bank Millennium SA (B)		21,269		49,561
Bank Polska Kasa Opieki SA		5,522		158,367
Boryszew SA (B)		2,380		2,821
CCC SA		1,215		68,162
CD Projekt SA (B)		2,349		122,564
Cyfrowy Polsat SA		6,360		42,551
Dino Polska SA (B)(C)		1,719		54,118
Grupa Lotos SA		3,293		71,541
Jastrzebska Spolka Weglowa SA (B)		1,853		29,464
KGHM Polska Miedz SA (B)		5,681		158,372
LPP SA		42		91,065
mBank SA		525		58,146
Orange Polska SA (B)		26,179		34,992
PGE Polska Grupa Energetyczna SA (B)		26,654		69,053
Polski Koncern Naftowy ORLEN SA		11,432		290,994
Polskie Gornictwo Naftowe i Gazownictwo SA		62,946		102,653
Powszechna Kasa Oszczednosci Bank Polski SA		32,873		330,511
Powszechny Zaklad Ubezpieczen SA		23,000		242,784
Santander Bank Polska SA		1,219		121,066
				2,185,178
Portugal – 0.1%
EDP – Energias de Portugal SA		84,624		332,947
Galp Energia SGPS SA		18,673		299,212
Jeronimo Martins SGPS SA		7,332		108,260
				740,419
Romania – 0.0%
NEPI Rockcastle PLC		12,881		108,790

106

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

International Equity Index Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
Russia – 0.9%
Gazprom PJSC, ADR		251,662	$	1,137,512
Gazprom PJSC, ADR		3,680		16,625
LUKOIL PJSC, ADR		23,756		2,124,024
MMC Norilsk Nickel PJSC, ADR		39,185		823,865
Mobile TeleSystems PJSC, ADR		20,264		153,196
Novatek PJSC, GDR		3,057		524,144
Rosneft Oil Company PJSC, GDR		9,131		57,391
Rosneft Oil Company PJSC, GDR		30,000		188,559
Sberbank of Russia PJSC, ADR		40,000		527,200
Sberbank of Russia PJSC, ADR		34,900		468,438
Severstal PJSC, GDR		4,250		66,331
Surgutneftegas PJSC, ADR		22,274		136,985
Surgutneftegas PJSC, ADR		23,070		85,601
Tatneft PJSC, ADR		7,986		550,954
VTB Bank PJSC, GDR		50,760		58,031
				6,918,856
Singapore – 0.9%
Ascendas Real Estate Investment Trust		97,931		210,491
BOC Aviation, Ltd. (C)		7,400		60,400
CapitaLand Commercial Trust		82,786		118,611
CapitaLand Mall Trust (A)		90,402		158,858
CapitaLand, Ltd.		89,999		242,831
City Developments, Ltd.		16,600		111,095
ComfortDelGro Corp., Ltd.		90,200		171,438
DBS Group Holdings, Ltd.		64,118		1,196,883
Genting Singapore, Ltd.		226,200		173,998
Golden Agri-Resources, Ltd.		284,496		58,819
Jardine Cycle & Carriage, Ltd.		4,152		99,732
Keppel Corp., Ltd.		55,069		253,392
Oversea-Chinese Banking Corp., Ltd.		115,427		943,682
SATS, Ltd.		29,800		112,614
Sembcorp Industries, Ltd.		38,019		71,705
Singapore Airlines, Ltd.		23,140		165,234
Singapore Exchange, Ltd.		28,000		151,359
Singapore Press Holdings, Ltd.		59,500		106,022
Singapore Technologies Engineering, Ltd.		54,000		149,331
Singapore Telecommunications, Ltd.		294,940		658,517
Suntec Real Estate Investment Trust		103,300		148,843
United Overseas Bank, Ltd.		47,508		886,376
UOL Group, Ltd.		20,239		104,049
Venture Corp., Ltd.		9,700		128,876
Wilmar International, Ltd.		72,000		176,049
				6,659,205
South Africa – 1.5%
Absa Group, Ltd.		25,092		265,546
Anglo American Platinum, Ltd.		2,632		134,370
AngloGold Ashanti, Ltd.		14,430		189,729
Aspen Pharmacare Holdings, Ltd.		14,246		92,020
Bid Corp., Ltd.		11,078		228,996
Capitec Bank Holdings, Ltd.		1,337		125,262
Clicks Group, Ltd.		9,143		116,747
Discovery, Ltd.		16,606		157,911
Exxaro Resources, Ltd.		8,997		102,321
FirstRand, Ltd. (A)		118,126		517,236
Fortress REIT, Ltd., Class A (A)		32,243		40,940
Fortress REIT, Ltd., Class B		25,525		19,148
Gold Fields, Ltd.		29,492		108,706
Growthpoint Properties, Ltd.		106,448		180,203
Hyprop Investments, Ltd.		8,505		41,492
Investec PLC		24,383		140,509
Investec, Ltd.		7,953		46,566
Kumba Iron Ore, Ltd. (A)		2,928		87,743
Liberty Holdings, Ltd.		4,754		33,403
Life Healthcare Group Holdings, Ltd.		60,966		113,560

International Equity Index Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
South Africa (continued)
MMI Holdings, Ltd.		19,936	$	22,986
Mr. Price Group, Ltd.		8,969		117,810
MTN Group, Ltd. (A)		59,164		364,176
MultiChoice Group, Ltd. (B)		15,717		131,477
Naspers, Ltd., N Shares		15,717		3,662,716
Nedbank Group, Ltd.		13,031		227,737
Netcare, Ltd.		36,217		58,909
Old Mutual, Ltd. (London Stock Exchange)		182,601		268,620
Pick n Pay Stores, Ltd.		13,126		60,557
PSG Group, Ltd.		4,220		76,514
Rand Merchant Investment Holdings, Ltd.		32,688		76,249
Redefine Properties, Ltd.		212,155		142,626
Remgro, Ltd.		20,519		264,067
Resilient REIT, Ltd.		9,826		37,121
RMB Holdings, Ltd.		31,391		165,656
Sanlam, Ltd.		63,976		328,350
Sappi, Ltd.		26,810		123,930
Sasol, Ltd.		19,396		604,779
Shoprite Holdings, Ltd.		16,492		181,693
Standard Bank Group, Ltd.		46,838		604,162
Telkom SA SOC, Ltd.		13,339		67,745
The Bidvest Group, Ltd.		11,166		150,397
The Foschini Group, Ltd.		7,014		79,596
The SPAR Group, Ltd.		5,706		76,021
Tiger Brands, Ltd.		6,286		115,689
Truworths International, Ltd.		19,528		94,445
Vodacom Group, Ltd.		19,298		149,012
Woolworths Holdings, Ltd.		33,746		108,732
				11,104,180
South Korea – 3.2%
Amorepacific Corp.		1,183		196,899
AMOREPACIFIC Group		770		47,315
BGF Company, Ltd.		3,285		23,704
BGF retail Company, Ltd.		279		53,685
BNK Financial Group, Inc.		8,021		47,231
Celltrion Healthcare Company, Ltd. (B)		1,441		84,984
Celltrion Pharm, Inc. (B)		549		26,860
Celltrion, Inc. (B)		3,014		481,963
Cheil Worldwide, Inc.		3,910		83,386
CJ CheilJedang Corp.		326		92,820
CJ Corp.		456		50,083
CJ ENM Company, Ltd.		398		81,766
CJ Logistics Corp. (B)		392		57,222
Coway Company, Ltd.		1,930		160,748
Daelim Industrial Company, Ltd.		877		74,489
Daewoo Engineering & Construction Company, Ltd. (B)		2,130		9,549
DB Insurance Company, Ltd.		1,810		109,560
DGB Financial Group, Inc.		4,763		34,310
Doosan Bobcat, Inc.		1,853		50,490
E-MART, Inc.		817		123,942
Fila Korea, Ltd.		1,753		120,572
GS Engineering & Construction Corp.		1,468		55,232
GS Holdings Corp.		2,038		94,926
GS Retail Company, Ltd.		966		33,354
Hana Financial Group, Inc.		10,757		345,385
Hankook Tire Company, Ltd.		3,008		99,261
Hanmi Pharm Company, Ltd.		223		89,719
Hanmi Science Company, Ltd.		701		47,878
Hanon Systems		9,450		94,663
Hanwha Chemical Corp.		4,418		81,610
Hanwha Corp.		2,040		54,766
Hanwha Life Insurance Company, Ltd.		8,120		28,644

107

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

International Equity Index Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
South Korea (continued)
HDC Hyundai Development Co-Engineering & Construction		1,376	$	61,540
HLB, Inc. (B)		1,118		79,085
Hotel Shilla Company, Ltd.		1,190		100,285
Hyundai Department Store Company, Ltd.		494		44,032
Hyundai Engineering & Construction Company, Ltd.		2,649		124,869
Hyundai Glovis Company, Ltd.		539		61,097
Hyundai Heavy Industries Company, Ltd. (B)		1,465		153,912
Hyundai Heavy Industries Holdings Company, Ltd.		311		91,325
Hyundai Marine & Fire Insurance Company, Ltd.		2,650		88,550
Hyundai Mobis Company, Ltd.		2,332		428,842
Hyundai Motor Company		5,358		564,932
Hyundai Steel Company		2,875		114,000
Industrial Bank of Korea		9,029		111,795
Kakao Corp.		1,792		163,735
Kangwon Land, Inc.		4,000		112,829
KB Financial Group, Inc.		10,980		406,284
KB Financial Group, Inc., ADR		2,772		102,730
KCC Corp.		196		55,057
Kia Motors Corp.		8,934		278,430
Korea Aerospace Industries, Ltd.		1,710		53,369
Korea Electric Power Corp. (B)		6,370		167,538
Korea Electric Power Corp., ADR		4,277		55,644
Korea Gas Corp.		1,166		46,390
Korea Investment Holdings Company, Ltd.		1,170		64,153
Korea Zinc Company, Ltd.		339		139,064
Korean Air Lines Company, Ltd.		1,349		37,930
KT Corp.		634		15,300
KT&G Corp.		4,323		394,201
Kumho Petrochemical Company, Ltd.		614		51,597
LG Chem, Ltd.		1,568		506,478
LG Corp.		3,654		249,605
LG Display Company, Ltd. (B)		7,650		131,823
LG Display Company, Ltd., ADR (A)		2,417		20,907
LG Electronics, Inc.		3,460		229,423
LG Household & Health Care, Ltd.		362		452,371
LG Innotek Company, Ltd.		650		67,573
LG Uplus Corp.		3,050		41,538
Lotte Chemical Corp.		562		144,186
Lotte Corp.		819		35,697
Lotte Shopping Company, Ltd.		366		57,474
Medy-Tox, Inc.		144		74,401
Mirae Asset Daewoo Company, Ltd.		13,812		89,428
NAVER Corp.		4,825		528,059
NCSoft Corp.		632		276,301
Netmarble Corp. (B)(C)		916		101,008
NH Investment & Securities Company, Ltd.		3,944		46,863
OCI Company, Ltd.		650		53,350
Orange Life Insurance, Ltd. (C)		1,552		49,265
Orion Corp.		940		82,873
Ottogi Corp.		43		29,220
Pan Ocean Company, Ltd. (B)		11,652		42,292
Pearl Abyss Corp. (B)		204		30,222
POSCO		2,811		627,696
POSCO Chemtech Company, Ltd.		847		45,042
Posco International Corp.		1,626		25,489
S-1 Corp.		810		71,689

International Equity Index Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
South Korea (continued)
Samsung Biologics
Company, Ltd. (B)(C)		550	$	155,247
Samsung C&T Corp.		2,732		257,969
Samsung Card Company, Ltd.		1,490		45,151
Samsung Electro-Mechanics Company, Ltd.		2,318		214,402
Samsung Electronics Company, Ltd.		171,900		6,780,240
Samsung Engineering Company, Ltd. (B)		5,618		79,934
Samsung Fire & Marine Insurance Company, Ltd.		1,090		289,190
Samsung Heavy Industries Company, Ltd. (B)		15,521		113,177
Samsung Life Insurance Company, Ltd.		2,349		174,103
Samsung SDI Company, Ltd.		1,971		373,519
Samsung SDS Company, Ltd.		1,346		279,273
Samsung Securities Company, Ltd.		2,834		83,380
Shinhan Financial Group Company, Ltd.		14,125		524,492
Shinhan Financial Group Company, Ltd., ADR		350		13,003
Shinsegae, Inc.		197		58,730
SillaJen, Inc. (A)(B)		1,857		105,557
SK Holdings Company, Ltd.		1,081		258,001
SK Hynix, Inc.		20,911		1,371,058
SK Innovation Company, Ltd.		2,274		359,732
SK Telecom Company, Ltd.		677		149,934
S-Oil Corp.		1,778		140,341
ViroMed Company, Ltd. (B)		488		120,764
Woori Financial Group, Inc.		16,990		205,808
Yuhan Corp.		404		85,506
				23,554,315
Spain – 2.0%
ACS Actividades de Construccion y
Servicios SA		9,313		409,419
Aena SME SA (C)		2,372		427,415
Amadeus IT Group SA		15,884		1,273,092
Banco Bilbao Vizcaya Argentaria SA (A)		239,320		1,367,442
Banco de Sabadell SA		196,135		195,492
Banco Santander SA		576,452		2,676,785
Bankia SA		48,666		126,183
Bankinter SA		26,033		198,417
CaixaBank SA		126,097		394,330
Enagas SA		7,812		227,427
Endesa SA		12,378		315,893
Ferrovial SA		18,914		443,222
Grifols SA		10,824		303,507
Iberdrola SA		219,382		1,926,132
Industria de Diseno Textil SA		39,465		1,160,333
Mapfre SA		37,878		104,408
Naturgy Energy Group SA		12,174		340,745
Red Electrica Corp. SA		15,612		332,798
Repsol SA		50,190		858,669
Siemens Gamesa Renewable Energy SA (B)		9,848		156,975
Telefonica SA		168,167		1,408,721
				14,647,405
Sweden – 1.6%
Alfa Laval AB		10,314		237,026
Assa Abloy AB, B Shares		35,703		770,554
Atlas Copco AB, A Shares		24,463		658,080
Atlas Copco AB, B Shares		13,732		340,587
Boliden AB		10,826		308,531
Electrolux AB, Series B		9,396		241,956
Epiroc AB, Class A (B)		24,463		247,068
Epiroc AB, Class B (B)		13,732		131,564
Essity AB, B Shares		21,740		627,380

108

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

International Equity Index Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
Sweden (continued)
Hennes & Mauritz AB, B Shares (A)		33,681	$	561,909
Hexagon AB, B Shares		9,164		478,934
Husqvarna AB, B Shares (A)		18,793		153,697
ICA Gruppen AB (A)		2,659		106,753
Industrivarden AB, C Shares		6,375		133,687
Investor AB, B Shares		16,738		754,496
Kinnevik AB, B Shares		8,775		227,589
L E Lundbergforetagen AB, B Shares		2,546		80,633
Lundin Petroleum AB		6,165		208,759
Sandvik AB		41,495		674,880
Securitas AB, B Shares		10,739		173,716
Skandinaviska Enskilda Banken AB, Series A		53,076		459,793
Skanska AB, B Shares (A)		13,244		240,865
SKF AB, B Shares (A)		14,059		233,904
Svenska Handelsbanken AB, A Shares (A)		54,342		573,743
Swedbank AB, A Shares (A)		33,187		469,029
Swedish Match AB		6,740		343,894
Tele2 AB, B Shares		14,276		190,489
Telefonaktiebolaget LM Ericsson, B Shares		112,943		1,040,419
Telia Company AB		105,161		474,028
Volvo AB, B Shares		56,973		884,001
				12,027,964
Switzerland – 6.3%
ABB, Ltd.		66,335		1,246,727
Adecco Group AG		6,058		323,525
Baloise Holding AG		1,882		311,048
Barry Callebaut AG		81		146,410
Chocoladefabriken Lindt & Spruengli AG		4		312,835
Chocoladefabriken Lindt & Spruengli AG, Participation Certificates		40		271,976
Cie Financiere Richemont SA		18,989		1,385,311
Clariant AG (B)		7,125		149,972
Coca-Cola HBC AG (B)		7,250		247,220
Credit Suisse Group AG (B)		88,484		1,031,407
Dufry AG (B)		1,156		121,552
EMS-Chemie Holding AG		321		174,252
Ferguson PLC		8,283		527,556
Geberit AG (A)		1,376		562,771
Givaudan SA		334		854,884
Glencore PLC (B)		411,419		1,704,995
Julius Baer Group, Ltd. (B)		8,299		335,713
Kuehne + Nagel International AG (A)		2,065		283,330
LafargeHolcim, Ltd. (B)		9,914		490,175
LafargeHolcim, Ltd. (London Stock Exchange) (A)(B)		6,464		319,451
Lonza Group AG (B)		2,701		838,544
Nestle SA		109,584		10,448,880
Novartis AG		77,565		7,455,512
Pargesa Holding SA, Bearer Shares		1,634		128,147
Partners Group Holding AG		648		471,396
Roche Holding AG		25,135		6,926,072
Schindler Holding AG		806		166,868
Schindler Holding AG, Participation Certificates		1,486		308,341
SGS SA		193		480,705
Sika AG		4,800		671,290
Sonova Holding AG (A)		2,002		396,736
STMicroelectronics NV		23,162		343,548
Straumann Holding AG		401		327,818
Swiss Life Holding AG (B)		1,182		520,789
Swiss Prime Site AG (B)		2,602		228,070

International Equity Index Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
Switzerland (continued)
Swiss Re AG		10,908	$	1,066,205
Swisscom AG (A)		962		470,678
Temenos AG (B)		2,143		316,168
The Swatch Group AG		2,152		119,159
The Swatch Group AG, Bearer Shares		1,149		329,076
UBS Group AG (B)		138,779		1,683,882
Vifor Pharma AG		1,821		246,437
Zurich Insurance Group AG		5,415		1,792,564
				46,537,995
Taiwan – 2.6%
Acer, Inc.		58,018		37,296
Advantech Company, Ltd.		12,089		100,602
Airtac International Group		4,000		52,014
ASE Technology Holding Company, Ltd.		111,338		244,233
Asia Cement Corp.		36,863		48,025
Asustek Computer, Inc.		24,952		180,811
AU Optronics Corp.		163,827		60,391
Catcher Technology Company, Ltd.		22,184		171,377
Cathay Financial Holding Company, Ltd.		259,901		379,645
Chailease Holding Company, Ltd.		34,680		142,106
Chang Hwa Commercial Bank, Ltd.		107,201		64,218
Cheng Shin Rubber Industry Company, Ltd.		43,680		59,525
China Airlines, Ltd.		26,874		8,606
China Development Financial Holding Corp.		479,153		160,377
China Life Insurance Company, Ltd.		96,360		81,855
China Steel Corp.		363,388		298,475
Chunghwa Telecom Company, Ltd.		121,148		430,797
Compal Electronics, Inc.		79,764		49,638
CTBC Financial Holding Company, Ltd.		631,465		419,347
Delta Electronics, Inc.		70,866		366,153
E.Sun Financial Holding Company, Ltd.		278,535		214,941
Eclat Textile Company, Ltd.		6,259		84,398
Eva Airways Corp.		32,460		15,916
Evergreen Marine Corp. Taiwan, Ltd.		10,982		4,265
Far Eastern New Century Corp.		64,875		64,226
Far EasTone Telecommunications Company, Ltd.		45,159		108,935
First Financial Holding Company, Ltd.		363,889		249,221
Formosa Chemicals & Fibre Corp.		126,212		459,845
Formosa Petrochemical Corp.		43,720		164,126
Formosa Plastics Corp.		159,086		566,266
Formosa Taffeta Company, Ltd.		5,000		5,976
Foxconn Technology Company, Ltd.		15,513		31,006
Fubon Financial Holding Company, Ltd.		211,112		315,589
Globalwafers Company, Ltd.		9,000		88,913
Highwealth Construction Corp.		27,000		44,552
Hiwin Technologies Corp.		8,514		72,108
Hon Hai Precision Industry Company, Ltd.		468,368		1,119,359
Hotai Motor Company, Ltd.		9,000		110,458
Hua Nan Financial Holdings Company, Ltd.		271,302		170,872
Innolux Corp.		297,841		96,829
Inventec Corp.		25,899		19,732
Largan Precision Company, Ltd.		3,143		471,400
Lite-On Technology Corp.		39,626		57,758
MediaTek, Inc.		49,340		453,648
Mega Financial Holding Company, Ltd.		387,134		352,685
Micro-Star International Company, Ltd.		23,000		64,801
Nan Ya Plastics Corp.		185,992		476,908
Nanya Technology Corp.		37,000		73,997
Novatek Microelectronics Corp.		7,361		47,395
Pegatron Corp.		71,989		124,834

109

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

International Equity Index Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
Taiwan (continued)
Pou Chen Corp.		36,641	$	44,698
Powertech Technology, Inc.		13,149		31,136
President Chain Store Corp.		21,496		211,907
Quanta Computer, Inc.		92,771		174,248
Realtek Semiconductor Corp.		5,999		35,546
Shin Kong Financial Holding Company, Ltd.		372,587		109,920
SinoPac Financial Holdings Company, Ltd.		385,762		142,877
Synnex Technology International Corp.		24,928		29,982
Taishin Financial Holding Company, Ltd.		312,838		142,728
Taiwan Cement Corp.		149,359		200,257
Taiwan Cooperative Financial Holding Company, Ltd.		273,657		173,278
Taiwan Mobile Company, Ltd.		62,257		225,242
Taiwan Semiconductor Manufacturing Company, Ltd.		887,227		7,105,853
Tatung Company, Ltd. (B)		67,000		52,969
The Shanghai Commercial & Savings Bank, Ltd.		110,000		173,961
Uni-President Enterprises Corp.		151,487		368,111
United Microelectronics Corp.		455,313		172,430
Walsin Technology Corp.		11,000		71,717
Win Semiconductors Corp.		12,000		85,113
Winbond Electronics Corp.		102,000		48,997
Wistron Corp.		42,598		32,847
WPG Holdings, Ltd.		47,840		62,480
Ya Hsin Industrial Company, Ltd. (B)(E)		36,000		0
Yageo Corp.		9,584		100,986
Yuanta Financial Holding Company, Ltd.		339,267		193,519
				19,477,252
Thailand – 0.6%
Advanced Info Service PCL, Foreign Quota Shares		48,400		281,077
Airports of Thailand PCL, Foreign Quota Shares		163,100		349,996
Bangkok Bank PCL		11,700		79,727
Banpu PCL, Foreign Quota Shares		110,000		56,243
Bumrungrad Hospital PCL, NVDR		15,600		88,245
Central Pattana PCL, NVDR		48,500		112,075
Charoen Pokphand Foods PCL, Foreign Quota Shares		136,200		109,492
CP ALL PCL, Foreign Quota Shares		184,600		434,997
Delta Electronics Thailand PCL, Foreign Quota Shares		24,300		54,386
Electricity Generating PCL, Foreign Quota Shares		7,600		69,989
Energy Absolute PCL, Foreign Quota Shares		56,900		86,195
Glow Energy PCL, Foreign Quota Shares		27,900		80,020
Home Product Center PCL, Foreign Quota Shares		204,400		98,651
Indorama Ventures PCL, NVDR		54,900		86,195
IRPC PCL, Foreign Quota Shares		528,400		95,703
Kasikornbank PCL, Foreign Quota Shares		45,000		266,977
Kasikornbank PCL, NVDR		24,100		142,563
Krung Thai Bank PCL, Foreign Quota Shares		164,375		99,549
PTT Exploration & Production PCL, Foreign Quota Shares		60,147		237,827
PTT Global Chemical PCL, Foreign Quota Shares		87,373		185,574
PTT PCL, Foreign Quota Shares		391,000		591,432
Robinson PCL, Foreign Quota Shares		28,700		53,187

International Equity Index Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
Thailand (continued)
Thai Oil PCL, Foreign Quota Shares		46,900	$	102,737
Thai Union Group PCL, Foreign Quota Shares		95,900		58,362
The Siam Cement PCL, Foreign Quota Shares		12,000		182,443
The Siam Commercial Bank PCL, Foreign Quota Shares		70,748		294,327
TMB Bank PCL, Foreign Quota Shares		739,100		47,502
True Corp. PCL, Foreign Quota Shares		448,802		67,422
				4,412,893
Turkey – 0.1%
Akbank T.A.S. (B)		100,286		114,189
Anadolu Efes Biracilik Ve Malt Sanayii AS		8,117		25,540
Arcelik AS (B)		6,139		18,662
Aselsan Elektronik Sanayi Ve Ticaret AS		7,013		26,840
BIM Birlesik Magazalar AS		8,214		112,428
Eregli Demir ve Celik Fabrikalari TAS		49,091		80,523
Ford Otomotiv Sanayi AS		4,572		40,089
Haci Omer Sabanci Holding AS		31,762		44,813
KOC Holding AS		25,423		73,622
Petkim Petrokimya Holding AS		26,036		21,258
TAV Havalimanlari Holding AS		4,656		19,534
Tupras Turkiye Petrol Rafinerileri AS		4,998		112,095
Turk Hava Yollari AO (B)		25,366		59,017
Turkcell Iletisim Hizmetleri AS		38,572		83,739
Turkiye Garanti Bankasi AS		86,216		129,700
Turkiye Halk Bankasi AS		25,911		29,783
Turkiye Is Bankasi AS, Class C		60,572		60,075
Turkiye Sise ve Cam Fabrikalari AS		43,843		45,907
				1,097,814
United Arab Emirates – 0.0%
NMC Health PLC		3,700		110,285
United Kingdom – 10.0%
3i Group PLC		35,391		453,835
Admiral Group PLC		7,852		222,103
Anglo American PLC		37,482		1,002,513
Ashtead Group PLC		17,354		419,529
Associated British Foods PLC		12,728		404,727
AstraZeneca PLC		45,458		3,628,541
Auto Trader Group PLC (C)		35,298		240,077
Aviva PLC		139,959		752,624
Babcock International Group PLC		8,659		55,713
BAE Systems PLC		116,949		735,118
Barclays PLC		619,208		1,247,259
Barratt Developments PLC		36,219		282,920
BP PLC		724,248		5,259,136
British American Tobacco PLC		82,180		3,428,389
BT Group PLC		301,317		875,427
Bunzl PLC		11,951		394,458
Burberry Group PLC		14,913		380,085
Centrica PLC		201,593		300,294
CNH Industrial NV		37,712		384,237
Coca-Cola European Partners PLC		8,055		415,184
Compass Group PLC		57,299		1,348,161
ConvaTec Group PLC (C)		56,571		104,384
Croda International PLC		4,815		316,336
Diageo PLC		86,737		3,549,474
Direct Line Insurance Group PLC		53,358		245,460
easyJet PLC		5,884		85,722
Experian PLC		32,753		886,477
Fiat Chrysler Automobiles NV (B)		38,626		576,909
G4S PLC		56,956		136,294
GlaxoSmithKline PLC		177,881		3,695,639

110

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

International Equity Index Trust (continued)

	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
United Kingdom (continued)
Hammerson PLC		29,315	$	128,335
Hargreaves Lansdown PLC		10,194		247,652
HSBC Holdings PLC		711,230		5,779,382
Imperial Brands PLC		34,636		1,184,806
Informa PLC		44,816		434,585
InterContinental Hotels Group PLC		6,080		365,912
Intertek Group PLC		5,765		365,211
ITV PLC		140,570		232,918
J Sainsbury PLC		62,966		193,222
John Wood Group PLC		24,214		160,056
Johnson Matthey PLC		7,039		288,665
Kingfisher PLC		80,383		246,513
Land Securities Group PLC		26,491		315,403
Legal & General Group PLC		215,482		773,288
Lloyds Banking Group PLC		2,541,431		2,059,022
London Stock Exchange Group PLC		11,190		692,173
Marks & Spencer Group PLC		58,909		213,798
Meggitt PLC		29,260		191,816
Melrose Industries PLC		172,341		411,646
Merlin Entertainments PLC (C)		24,601		110,126
Micro Focus International PLC		15,771		410,039
Mondi PLC		13,121		290,541
Mondi, Ltd.		4,137		91,771
National Grid PLC (A)		121,421		1,347,820
Next PLC		4,991		362,678
Pearson PLC		27,906		304,448
Persimmon PLC		11,028		311,935
Prudential PLC		93,030		1,864,840
Reckitt Benckiser Group PLC		23,993		1,996,771
RELX PLC		38,212		817,713
RELX PLC (Euronext Amsterdam Exchange)		32,422		693,011
Rio Tinto PLC		41,928		2,436,997
Rio Tinto, Ltd.		13,070		910,218
Rolls-Royce Holdings PLC (B)		60,839		716,480
Royal Mail PLC		33,479		104,030
RSA Insurance Group PLC		36,841		243,801
Schroders PLC		4,962		174,726
Segro PLC		36,144		317,276
Severn Trent PLC		8,552		220,249
Smith & Nephew PLC		31,273		621,055
Smiths Group PLC		14,281		267,239
SSE PLC		37,301		577,118
St. James’s Place PLC		20,193		270,611
Standard Chartered PLC		99,705		768,564
Standard Life Aberdeen PLC		85,141		292,634
Taylor Wimpey PLC		125,790		287,708
Tesco PLC		354,753		1,073,664
The Berkeley Group Holdings PLC		4,466		214,704
The British Land Company PLC		35,353		271,429
The Royal Bank of Scotland Group PLC		173,218		557,777
The Sage Group PLC		38,587		352,682
The Weir Group PLC		8,971		182,337
Unilever NV		54,909		3,201,288
Unilever PLC		39,672		2,283,635
United Utilities Group PLC		24,363		258,753
Vodafone Group PLC		958,892		1,747,350
Whitbread PLC		6,561		434,184
Wm Morrison Supermarkets PLC		81,037		240,403
WPP PLC		46,027		486,234
				74,226,267
United States – 0.1%
Bausch Health Companies, Inc. (B)		11,200		276,323
Carnival PLC		6,199		306,404
International Flavors & Fragrances, Inc.		319		41,143

International Equity Index Trust (continued)

	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
United States (continued)
Nexteer Automotive Group, Ltd. (A)		31,000	$	38,384
				662,254
TOTAL COMMON STOCKS (Cost $568,424,337)			$	716,637,097
PREFERRED SECURITIES – 1.2%
Brazil – 0.7%
Banco Bradesco SA		120,421		1,320,668
Braskem SA, A Shares		4,100		53,300
Centrais Eletricas Brasileiras SA, B Shares (B)		4,300		41,579
Cia Brasileira de Distribuicao		4,938		115,348
Cia Energetica de Minas Gerais		31,260		110,977
Gerdau SA		36,200		139,979
Itau Unibanco Holding SA		173,589		1,526,471
Itausa – Investimentos Itau SA		159,923		489,325
Lojas Americanas SA		24,076		103,121
Petroleo Brasileiro SA		138,651		993,665
Telefonica Brasil SA		9,652		117,096
				5,011,529
Germany – 0.3%
Bayerische Motoren Werke AG		2,090		137,591
FUCHS PETROLUB SE		2,735		112,901
Henkel AG & Company KGaA		6,555		669,756
Porsche Automobil Holding SE		5,695		357,377
Sartorius AG		1,266		217,573
Volkswagen AG		6,657		1,049,514
				2,544,712
South Korea – 0.2%
Amorepacific Corp.		300		28,335
CJ Corp. (B)(E)		68		2,210
Hyundai Motor Company		705		43,034
Hyundai Motor Company, 2nd Preferred		1,197		80,551
LG Chem, Ltd.		162		29,755
LG Household & Health Care, Ltd.		112		82,508
Samsung Electronics Company, Ltd.		30,800		986,222
				1,252,615
TOTAL PREFERRED SECURITIES (Cost $7,041,093)			$	8,808,856
RIGHTS – 0.0%
Vodafone Idea, Ltd. (Expiration Date: 4-25-19; Strike Price: INR 12.50) (B)		96,812		8,036
Xinjiang Goldwind Science & Technology Company, Ltd. (Expiration Date: 4-24-19; Strike Price: HKD 8.21) (B)		4,218		1,660
TOTAL RIGHTS (Cost $30,537)			$	9,696
SECURITIES LENDING COLLATERAL – 3.7%
John Hancock Collateral Trust, 2.6031% (F)(G)		2,717,942		27,198,175
TOTAL SECURITIES LENDING COLLATERAL (Cost $27,198,613)			$	27,198,175
SHORT-TERM INVESTMENTS – 0.5%
Money market funds – 0.5%
Fidelity Institutional Money Market Government Portfolio, Institutional Class, 2.3000% (F)		4,082,793		4,082,793
TOTAL SHORT-TERM INVESTMENTS (Cost $4,082,793)			$	4,082,793
Total Investments (International Equity Index Trust) (Cost $606,777,373) – 101.9%			$	756,736,617
Other assets and liabilities, net – (1.9%)				(14,344,501	)
TOTAL NET ASSETS – 100.0%			$	742,392,116

111

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

International Equity Index Trust (continued)

Currency Abbreviations
HKD	Hong Kong Dollar
INR	Indian Rupee
Security Abbreviations and Legend
ADR	American Depositary Receipt
GDR	Global Depositary Receipt
NVDR	Non-Voting Depositary Receipt
(A)	All or a portion of this security is on loan as of 3-31-19. The value of securities on loan amounted to $25,420,663.
(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.

DERIVATIVES

FUTURES

International Equity Index Trust (continued)

(D)	The investment is an affiliate of the fund, the advisor and/or the 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 3-31-19.
(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.

											Unrealized
	Number of				Expiration		Notional		Notional		appreciation
Open contracts	contracts		Position		date		basis^		value^		(depreciation)
Mini MSCI EAFE Index Futures		80		Long		Jun 2019	$	7,354,125	$	7,466,800	$	112,675
Mini MSCI Emerging Markets Index Futures		97		Long		Jun 2019		5,110,799		5,130,815		20,016
MSCI Taiwan Index Futures		51		Long		Apr 2019		1,964,614		2,003,790		39,176
											$	171,867

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

See Notes to Portfolio of Investments regarding investment transactions and other derivatives information.

International Growth Stock Trust
	Shares or
	Principal
	Amount		Value
COMMON STOCKS – 93.6%
Australia – 3.8%
Amcor, Ltd.		99,413	$	1,087,717
Brambles, Ltd.		108,840		909,893
CSL, Ltd.		3,263		452,750
				2,450,360
Brazil – 3.0%
B3 SA – Brasil Bolsa Balcao		127,234		1,043,778
Banco Bradesco SA, ADR		79,305		865,215
				1,908,993
Canada – 9.1%
Canadian National Railway Company		12,200		1,092,144
CGI, Inc. (A)		31,258		2,148,892
Nutrien, Ltd.		16,857		889,050
PrairieSky Royalty, Ltd.		56,518		761,271
Suncor Energy, Inc.		27,460		889,956
				5,781,313
China – 8.2%
Alibaba Group Holding, Ltd., ADR (A)		5,115		933,232
Henan Shuanghui Investment & Development Company, Ltd., Class A		144,894		556,543
Kweichow Moutai Company, Ltd., Class A		10,218		1,295,959
New Oriental Education & Technology Group, Inc., ADR (A)		8,276		745,585
Wuliangye Yibin Company, Ltd., Class A		72,757		1,027,150
Yum China Holdings, Inc.		15,692		704,728
				5,263,197
Denmark – 1.4%
Carlsberg A/S, Class B		7,387		923,731
France – 7.8%
Bureau Veritas SA		25,498		598,206

International Growth Stock Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
France (continued)
EssilorLuxottica SA		4,055	$	442,970
Pernod Ricard SA		3,703		664,916
Schneider Electric SE		11,917		935,353
Vinci SA		13,490		1,312,608
Vivendi SA		34,700		1,005,613
				4,959,666
Germany – 7.0%
Allianz SE		6,524		1,453,865
Deutsche Boerse AG		10,409		1,334,644
GEA Group AG		16,684		437,270
SAP SE		10,895		1,259,517
				4,485,296
Hong Kong – 1.6%
Galaxy Entertainment Group, Ltd.		146,000		994,992
Italy – 3.6%
FinecoBank Banca Fineco SpA		67,802		893,317
Intesa Sanpaolo SpA		166,701		406,839
Mediobanca Banca di Credito Finanziario SpA		92,921		967,506
				2,267,662
Japan – 9.1%
Asahi Group Holdings, Ltd.		23,300		1,040,077
FANUC Corp.		6,900		1,179,994
Hoya Corp.		21,100		1,397,606
Japan Tobacco, Inc.		15,000		371,517
Kao Corp.		10,100		797,159
Keyence Corp.		1,600		1,000,312
				5,786,665

112

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

International Growth Stock Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
Mexico – 2.2%
Fomento Economico Mexicano SAB de CV, ADR		15,122	$	1,395,458
Netherlands – 4.6%
ING Groep NV		69,632		843,756
Royal Dutch Shell PLC, B Shares		17,826		563,404
Wolters Kluwer NV		22,638		1,542,317
				2,949,477
Singapore – 2.0%
United Overseas Bank, Ltd.		69,000		1,287,361
South Korea – 2.4%
NAVER Corp.		6,092		666,723
Samsung Electronics Company, Ltd.		22,392		883,206
				1,549,929
Spain – 1.5%
Amadeus IT Group SA		11,838		948,808
Sweden – 2.6%
Investor AB, B Shares		36,382		1,639,986
Switzerland – 5.6%
Cie Financiere Richemont SA		11,827		862,819
Julius Baer Group, Ltd. (A)		14,626		591,654
Kuehne + Nagel International AG		4,553		624,698
Novartis AG		12,299		1,182,174
UBS Group AG (A)		24,316		295,039
				3,556,384
Taiwan – 2.2%
Taiwan Semiconductor Manufacturing Company, Ltd.		177,000		1,417,603
Thailand – 0.5%
Kasikornbank PCL, NVDR		53,500		316,479
Turkey – 0.7%
Akbank T.A.S. (A)		398,177		453,377
United Kingdom – 9.7%
British American Tobacco PLC		30,921		1,289,964
Compass Group PLC		40,048		942,271
Informa PLC		105,460		1,022,655
Reckitt Benckiser Group PLC		13,836		1,151,474
RELX PLC		53,512		1,145,124
TechnipFMC PLC		28,232		659,243
				6,210,731
United States – 5.0%
Broadcom, Inc.		5,784		1,739,307
Philip Morris International, Inc.		16,541		1,462,059
				3,201,366
TOTAL COMMON STOCKS (Cost $56,591,368)			$	59,748,834
SHORT-TERM INVESTMENTS – 4.9%
Money market funds – 4.9%
JPMorgan U.S. Treasury Plus Money Market Fund, Institutional Class, 2.2871% (B)		3,123,281		3,123,281
TOTAL SHORT-TERM INVESTMENTS (Cost $3,123,281)			$	3,123,281
Total Investments (International Growth Stock Trust) (Cost $59,714,649) – 98.5%			$	62,872,115
Other assets and liabilities, net – 1.5%				942,271
TOTAL NET ASSETS – 100.0%			$	63,814,386

Security Abbreviations and Legend
ADR	American Depositary Receipt
NVDR	Non-Voting Depositary Receipt
(A)	Non-income producing security.
(B)	The rate shown is the annualized seven-day yield as of 3-31-19.

International Small Company Trust
	Shares or
	Principal
	Amount		Value
COMMON STOCKS – 98.5%
Australia – 6.7%
A2B Australia, Ltd.		9,047	$	13,500
Accent Group, Ltd.		24,907		25,496
Adelaide Brighton, Ltd.		19,036		60,875
Ainsworth Game Technology, Ltd.		10,192		6,118
Alkane Resources, Ltd. (A)(B)		4,753		928
ALS, Ltd.		19,393		104,800
Altium, Ltd.		5,149		118,647
AMA Group, Ltd. (B)		18,995		14,722
Amaysim Australia, Ltd. (A)(B)		11,607		5,358
Ansell, Ltd.		6,123		110,625
AP Eagers, Ltd.		6,106		31,881
Appen, Ltd.		7,098		112,801
ARB Corp., Ltd. (B)		3,664		44,826
Ardent Leisure Group, Ltd.		39,016		31,405
ARQ Group, Ltd. (B)		8,681		12,228
Asaleo Care, Ltd. (A)		30,182		19,211
AUB Group, Ltd.		4,946		45,994
Aurelia Metals, Ltd. (A)		63,267		40,039
Ausdrill, Ltd.		33,636		39,003
Austal, Ltd.		23,155		37,028
Australian Agricultural Company, Ltd. (A)(B)		28,065		20,244
Australian Pharmaceutical Industries, Ltd.		26,584		28,648
Auswide Bank, Ltd.		607		2,227
Automotive Holdings Group, Ltd. (B)		19,175		23,871
Aveo Group		28,401		39,760
Bank of Queensland, Ltd.		12,316		79,629
Bapcor, Ltd.		13,468		52,898
Beach Energy, Ltd.		85,566		124,861
Bega Cheese, Ltd. (B)		14,056		45,695
Bellamy’s Australia, Ltd. (A)(B)		4,706		37,199
Bingo Industries, Ltd. (B)		8,137		8,853
Blackmores, Ltd. (B)		719		47,600
Blue Sky Alternative Investments, Ltd. (A)		2,049		712
Bravura Solutions, Ltd.		14,961		58,185
Breville Group, Ltd.		4,935		57,110
Brickworks, Ltd.		3,795		46,744
BWX, Ltd. (B)		7,095		11,454
Cardno, Ltd. (A)		15,086		11,416
Carnarvon Petroleum, Ltd. (A)(B)		71,072		21,015
carsales.com, Ltd.		13,391		120,519
Cash Converters International, Ltd. (A)		14,501		1,801
Cedar Woods Properties, Ltd.		2,505		9,433
Cleanaway Waste Management, Ltd.		110,459		174,458
Clinuvel Pharmaceuticals, Ltd.		2,335		40,691
Codan, Ltd.		5,320		11,872
Collins Foods, Ltd.		10,053		51,895
Cooper Energy, Ltd. (A)(B)		156,316		55,512
Corporate Travel Management, Ltd.		3,780		68,478
Costa Group Holdings, Ltd.		15,969		58,404
Credit Corp. Group, Ltd. (B)		2,881		45,479
CSG, Ltd. (A)		32,904		5,034
CSR, Ltd.		34,491		81,457
CuDeco, Ltd. (A)(C)		8,580		1,432
Data#3, Ltd.		9,073		11,423
Decmil Group, Ltd.		2,921		1,762
Domain Holdings Australia, Ltd. (B)		17,171		31,134
Domino’s Pizza Enterprises, Ltd. (B)		2,402		74,068
Downer EDI, Ltd.		21,762		118,973
DuluxGroup, Ltd.		21,708		114,194
Eclipx Group, Ltd.		16,681		7,578
Elders, Ltd.		7,130		30,780
EML Payments, Ltd. (A)(B)		12,305		15,347

113

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

International Small Company Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
Australia (continued)
Energy World Corp., Ltd. (A)		75,962	$	5,013
EQT Holdings, Ltd.		691		12,787
ERM Power, Ltd.		7,077		9,540
Estia Health, Ltd.		11,708		22,396
EVENT Hospitality and Entertainment, Ltd.		6,617		64,032
FAR, Ltd. (A)		202,920		8,343
Finbar Group, Ltd.		8,370		5,022
Fleetwood Corp., Ltd. (A)		8,058		10,993
FlexiGroup, Ltd.		20,305		20,008
Freedom Foods Group, Ltd.		6,442		20,572
G8 Education, Ltd.		27,130		58,454
Galaxy Resources, Ltd. (A)		30,280		40,572
Genworth Mortgage Insurance Australia, Ltd.		18,245		31,016
Gold Road Resources, Ltd. (A)(B)		68,792		47,389
GrainCorp, Ltd., Class A		13,614		88,775
GUD Holdings, Ltd.		6,093		51,669
GWA Group, Ltd.		12,195		27,587
Hansen Technologies, Ltd.		11,735		24,287
Harvey Norman Holdings, Ltd. (B)		18,052		51,547
Healius, Ltd.		45,043		84,183
Healthscope, Ltd.		28,069		48,463
HT&E, Ltd.		20,357		24,744
HUB24, Ltd.		3,152		31,031
IDP Education, Ltd.		4,283		44,399
Iluka Resources, Ltd.		14,395		92,198
Imdex, Ltd.		20,483		15,601
IMF Bentham, Ltd. (A)(B)		12,988		23,998
Independence Group NL		28,070		97,093
Infigen Energy (A)		77,417		24,216
Infomedia, Ltd.		15,337		16,623
Inghams Group, Ltd. (B)		11,981		37,198
Integral Diagnostics, Ltd.		5,800		10,271
Integrated Research, Ltd. (B)		3,367		6,230
International Ferro Metals, Ltd. (A)(C)		24,339		0
InvoCare, Ltd.		6,934		69,998
IOOF Holdings, Ltd. (B)		21,064		91,792
IPH, Ltd.		11,108		55,599
IRESS, Ltd.		7,537		70,027
iSelect, Ltd. (A)(B)		10,270		4,888
iSentia Group, Ltd. (A)(B)		3,943		575
IVE Group, Ltd.		11,452		17,732
Japara Healthcare, Ltd. (B)		17,906		17,800
JB Hi-Fi, Ltd. (B)		7,885		139,828
Jumbo Interactive, Ltd.		3,998		36,821
Jupiter Mines, Ltd.		116,266		28,104
Karoon Energy, Ltd. (A)		6,513		4,817
Kingsgate Consolidated, Ltd. (A)		11,120		1,818
Lifestyle Communities, Ltd.		3,310		12,921
Link Administration Holdings, Ltd.		19,319		101,455
Lovisa Holdings, Ltd.		3,846		24,508
MACA, Ltd.		18,596		12,952
Macmahon Holdings, Ltd. (A)		112,440		18,398
Mayne Pharma Group, Ltd. (A)		99,135		49,035
McMillan Shakespeare, Ltd.		5,664		48,306
McPherson’s, Ltd.		7,978		6,294
Medusa Mining, Ltd. (A)		8,127		2,221
Mesoblast, Ltd. (A)(B)		24,462		25,045
Metals X, Ltd. (A)(B)		39,518		6,616
Metcash, Ltd.		69,441		130,837
Mineral Resources, Ltd.		9,687		108,920
MMA Offshore, Ltd. (A)		46,658		5,141
Moelis Australia, Ltd.		3,830		11,700
Monadelphous Group, Ltd.		6,360		78,483

International Small Company Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
Australia (continued)
Monash IVF Group, Ltd.		13,183	$	9,974
Mortgage Choice, Ltd. (B)		6,422		4,523
Mount Gibson Iron, Ltd.		62,063		41,008
Myer Holdings, Ltd. (A)(B)		63,302		27,942
MYOB Group, Ltd.		30,689		72,655
MyState, Ltd.		4,190		12,917
Navigator Global Investments, Ltd.		10,160		22,452
Navitas, Ltd.		12,119		49,790
New Hope Corp., Ltd.		11,267		24,147
NEXTDC, Ltd. (A)(B)		11,494		51,622
nib holdings, Ltd.		27,049		100,743
Nick Scali, Ltd.		5,272		21,244
Nine Entertainment Company Holdings, Ltd.		107,653		130,791
NRW Holdings, Ltd.		36,145		61,219
Nufarm, Ltd. (B)		18,888		63,317
OceanaGold Corp.		31,900		100,258
OFX Group, Ltd. (B)		14,134		16,776
oOh!media, Ltd.		13,577		37,581
Orora, Ltd.		38,042		80,747
Ovato, Ltd. (A)		32,750		1,998
OZ Minerals, Ltd.		18,232		137,523
Pacific Current Group, Ltd.		1,644		5,827
Pact Group Holdings, Ltd.		11,275		22,357
Peet, Ltd. (B)		13,800		10,007
Pendal Group, Ltd.		14,690		96,680
Perpetual, Ltd.		3,182		87,558
Perseus Mining, Ltd. (A)		111,479		36,408
Platinum Asset Management, Ltd. (B)		12,679		41,405
Praemium, Ltd. (A)		28,131		11,811
Premier Investments, Ltd.		6,565		75,900
Prime Media Group, Ltd. (A)		17,812		3,158
Pro Medicus, Ltd.		4,382		46,183
Qube Holdings, Ltd.		40,012		79,628
Quintis, Ltd. (A)(B)(C)		22,092		0
RCR Tomlinson, Ltd. (A)(C)		19,448		12,014
Regis Healthcare, Ltd.		9,267		22,660
Regis Resources, Ltd.		23,625		88,898
Resolute Mining, Ltd. (B)		67,540		58,042
Ridley Corp., Ltd.		19,156		18,826
Sandfire Resources NL		12,595		61,905
Saracen Mineral Holdings, Ltd. (A)		53,338		109,854
SeaLink Travel Group, Ltd.		6,360		18,162
Select Harvests, Ltd.		5,587		24,127
Senex Energy, Ltd. (A)		87,382		22,946
Servcorp, Ltd.		3,171		5,996
Service Stream, Ltd.		18,170		27,247
Seven Group Holdings, Ltd.		3,488		43,721
Seven West Media, Ltd. (A)		85,038		29,692
SG Fleet Group, Ltd.		7,879		12,326
Sigma Healthcare, Ltd. (B)		86,903		32,428
Silver Lake Resources, Ltd. (A)(B)		29,625		17,250
SmartGroup Corp., Ltd.		4,591		25,869
Southern Cross Media Group, Ltd.		51,441		42,791
Spark Infrastructure Group		84,276		136,568
SpeedCast International, Ltd.		17,245		45,995
St. Barbara, Ltd.		33,049		79,083
Steadfast Group, Ltd.		46,542		104,787
Super Retail Group, Ltd. (B)		10,419		59,486
Superloop, Ltd. (A)(B)		13,181		13,877
Syrah Resources, Ltd. (A)(B)		26,594		20,297
Tassal Group, Ltd.		13,458		46,467
Technology One, Ltd.		12,347		70,256
The Reject Shop, Ltd.		2,561		4,820
Tiger Resources, Ltd. (A)(C)		92,816		3,229

114

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

International Small Company Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
Australia (continued)
Troy Resources, Ltd. (A)		15,555	$	1,104
Villa World, Ltd.		5,140		8,103
Village Roadshow, Ltd. (A)		5,669		13,033
Virgin Australia Holdings, Ltd. (A)		221,832		29,927
Virgin Australia Holdings, Ltd. (A)(C)		359,466		1,276
Virtus Health, Ltd.		8,064		22,872
Vocus Group, Ltd. (A)		26,165		68,636
Webjet, Ltd.		8,700		89,954
Western Areas, Ltd.		18,795		30,121
Westgold Resources, Ltd. (A)		15,813		14,151
WorleyParsons, Ltd.		15,506		155,628
WPP AUNZ, Ltd.		25,254		11,280
				8,356,064
Austria – 1.4%
Agrana Beteiligungs AG		724		14,535
ams AG (A)(B)		1,671		45,171
ANDRITZ AG (B)		2,760		118,376
AT&S Austria Technologie & Systemtechnik AG		2,410		41,446
CA Immobilien Anlagen AG		4,952		178,961
DO & CO AG		534		43,938
EVN AG		3,092		45,044
FACC AG		1,116		16,230
Flughafen Wien AG		265		11,477
IMMOFINANZ AG (A)		4,356		108,209
Kapsch TrafficCom AG		191		6,458
Lenzing AG (B)		504		54,090
Mayr Melnhof Karton AG		615		77,135
Oesterreichische Post AG		2,096		88,700
Palfinger AG		1,137		31,900
POLYTEC Holding AG (B)		995		9,460
Porr AG (B)		648		14,490
Rhi Magnesita NV (B)		1,095		64,257
Rosenbauer International AG		174		7,712
S IMMO AG		3,364		68,817
S&T AG (A)		3,596		90,196
Schoeller-Bleckmann Oilfield Equipment AG		944		78,402
Semperit AG Holding (A)(B)		822		11,993
Strabag SE		893		28,566
Telekom Austria AG (A)		7,836		57,002
UBM Development AG		411		16,691
UNIQA Insurance Group AG		10,314		102,784
Vienna Insurance Group AG		2,457		63,124
Wienerberger AG		7,937		168,581
Zumtobel Group AG (A)		2,545		17,141
				1,680,886
Belgium – 1.6%
Ackermans & van Haaren NV		1,387		209,284
AGFA-Gevaert NV (A)		16,974		70,674
Akka Technologies		875		59,533
Atenor		169		12,137
Banque Nationale de Belgique		12		32,571
Barco NV		735		112,691
Bekaert SA (B)		2,225		52,291
Biocartis NV (A)(B)(D)		2,587		33,108
bpost SA		4,236		45,702
Celyad SA (A)(B)		493		10,382
Cie d’Entreprises CFE		416		38,702
Cie Immobiliere de Belgique SA		47		2,975
Deceuninck NV		7,720		18,232
D’ieteren SA		1,795		71,105
Econocom Group SA		6,435		26,228
Elia System Operator SA		2,455		172,148
Euronav NV		8,334		67,810

International Small Company Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
Belgium (continued)
EVS Broadcast Equipment SA		811	$	18,332
Exmar NV (A)		1,567		9,898
Fagron		3,576		64,270
Galapagos NV (A)		2,610		306,902
Gimv NV		1,153		64,684
Ion Beam Applications (A)(B)		1,305		22,075
Kinepolis Group NV		941		53,217
Lotus Bakeries NV		13		34,541
Melexis NV		987		59,792
Nyrstar NV (A)(B)		5,514		2,178
Ontex Group NV (B)		3,927		88,386
Orange Belgium SA		2,358		50,811
Oxurion NV (A)		1,612		6,763
Picanol		88		6,717
Recticel SA		2,296		17,236
Sioen Industries NV		374		10,778
Sipef NV (B)		420		23,508
Telenet Group Holding NV		876		42,127
Tessenderlo Group SA (A)		2,049		69,167
Van de Velde NV		377		13,269
Viohalco SA (A)		7,173		26,703
				2,026,927
Bermuda – 0.2%
Hiscox, Ltd.		14,061		285,762
Canada – 8.6%
5N Plus, Inc. (A)		3,515		9,522
Absolute Software Corp.		3,900		26,557
Advantage Oil & Gas, Ltd. (A)(B)		11,500		18,932
Aecon Group, Inc.		5,700		74,388
Africa Oil Corp. (A)		34,602		28,741
Ag Growth International, Inc. (B)		1,100		51,249
AGF Management, Ltd., Class B		4,298		17,400
AGT Food & Ingredients, Inc.		1,218		16,315
Aimia, Inc. (A)		14,677		43,053
AirBoss of America Corp.		1,500		9,137
AKITA Drilling, Ltd., Class A		1,120		2,724
Alamos Gold, Inc., Class A		23,618		119,826
Alaris Royalty Corp. (B)		3,829		60,400
Alcanna, Inc. (B)		1,500		6,308
Algoma Central Corp.		700		6,553
Alio Gold, Inc. (A)(B)		638		463
Altius Minerals Corp.		3,100		29,693
Altus Group, Ltd.		2,618		51,073
Andrew Peller, Ltd., Class A		2,300		22,770
ARC Resources, Ltd. (B)		11,428		77,991
Aritzia, Inc. (A)		1,700		22,593
Asanko Gold, Inc. (A)(B)		6,600		4,149
Athabasca Oil Corp. (A)(B)		42,135		26,800
ATS Automation Tooling Systems, Inc. (A)		7,747		113,856
AutoCanada, Inc. (B)		1,985		15,849
B2Gold Corp. (A)		52,656		147,367
Badger Daylighting, Ltd. (B)		2,322		70,580
Baytex Energy Corp. (A)		35,400		60,132
Bellatrix Exploration, Ltd. (A)(B)		1,979		637
Birch Mountain Resources, Ltd. (A)(C)		9,200		1
Birchcliff Energy, Ltd.		22,933		61,093
Bird Construction, Inc.		4,995		29,454
Black Diamond Group, Ltd. (A)		2,750		3,704
BMTC Group, Inc.		500		5,620
Bonavista Energy Corp. (B)		13,661		11,347
Bonterra Energy Corp.		2,200		10,339
Boralex, Inc., Class A (B)		7,377		104,664
Calfrac Well Services, Ltd. (A)(B)		6,414		16,079
Canaccord Genuity Group, Inc.		8,471		37,019

115

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

International Small Company Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
Canada (continued)
Canacol Energy, Ltd. (A)		7,565	$	25,701
Canadian Western Bank		10,515		219,608
Canfor Corp. (A)		4,300		44,083
Canfor Pulp Products, Inc.		2,715		30,251
CanWel Building Materials Group, Ltd. (B)		3,600		13,954
Capital Power Corp.		6,627		155,218
Capstone Mining Corp. (A)(B)		29,467		14,112
Cardinal Energy, Ltd. (B)		5,530		11,173
Cascades, Inc.		6,623		41,333
Celestica, Inc. (A)		9,919		83,800
Centerra Gold, Inc. (A)		14,877		78,039
CES Energy Solutions Corp. (B)		18,429		37,648
China Gold International Resources Corp., Ltd. (A)		18,050		22,422
Cineplex, Inc. (B)		3,000		54,641
Clearwater Seafoods, Inc.		1,500		5,534
Cogeco Communications, Inc.		731		46,682
Cogeco, Inc.		445		26,187
Colliers International Group, Inc.		2,300		153,643
Computer Modelling Group, Ltd.		8,320		38,289
Continental Gold, Inc. (A)(B)		6,884		14,887
Copper Mountain Mining Corp. (A)(B)		8,800		6,322
Corby Spirit and Wine, Ltd.		700		9,512
Corridor Resources, Inc. (A)		4,930		2,582
Corus Entertainment, Inc., B Shares		11,806		52,300
Crew Energy, Inc. (A)		11,300		9,471
CRH Medical Corp. (A)		5,500		14,528
Delphi Energy Corp. (A)		20,245		4,545
Denison Mines Corp. (A)		33,028		16,806
Detour Gold Corp. (A)		9,006		84,510
DHX Media, Ltd. (B)		8,200		12,763
DIRTT Environmental Solutions (A)(B)		3,000		19,082
Dorel Industries, Inc., Class B		2,900		25,607
DREAM Unlimited Corp., Class A		4,500		26,198
Dundee Precious Metals, Inc. (A)		14,687		48,687
ECN Capital Corp. (B)		25,400		82,300
E-L Financial Corp., Ltd.		100		60,305
Eldorado Gold Corp. (A)		14,474		66,827
Element Fleet Management Corp.		14,425		91,212
Endeavour Silver Corp. (A)(B)		10,900		27,488
Enerflex, Ltd.		6,400		91,425
Enerplus Corp.		11,735		98,351
Enghouse Systems, Ltd.		3,800		96,511
Ensign Energy Services, Inc. (B)		9,800		39,234
Entertainment One, Ltd.		17,046		99,288
Equitable Group, Inc. (B)		996		48,244
Essential Energy Services, Ltd. (A)		7,268		1,632
Evertz Technologies, Ltd.		1,712		21,958
Exchange Income Corp. (B)		568		14,065
Exco Technologies, Ltd.		1,500		10,630
Extendicare, Inc. (B)		6,230		35,151
Fiera Capital Corp.		3,035		28,457
Firm Capital Mortgage Investment Corp.		1,100		10,948
First Majestic Silver Corp. (A)(B)		10,281		67,624
First Mining Gold Corp. (A)		39,000		10,068
First National Financial Corp.		700		16,008
FirstService Corp.		1,800		160,355
Fission Uranium Corp. (A)(B)		19,500		7,442
Fortuna Silver Mines, Inc. (A)		14,267		47,509
Freehold Royalties, Ltd. (B)		7,229		45,494
Gamehost, Inc.		100		729
Genworth MI Canada, Inc. (B)		2,488		75,384
Gibson Energy, Inc.		7,398		127,161
Glacier Media, Inc. (A)		6,100		2,419

International Small Company Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
Canada (continued)
Gluskin Sheff + Associates, Inc. (B)		2,500	$	26,846
GMP Capital, Inc.		3,026		4,959
goeasy, Ltd.		672		20,497
Golden Star Resources, Ltd. (A)		5,011		20,249
Gran Tierra Energy, Inc. (A)		34,066		77,495
Great Canadian Gaming Corp. (A)		5,900		221,325
Great Panther Mining, Ltd. (A)(B)		14,100		13,083
Guardian Capital Group, Ltd., Class A		600		10,798
Guyana Goldfields, Inc. (A)		11,400		9,213
Hanfeng Evergreen, Inc. (A)(C)		200		1
Heroux-Devtek, Inc. (A)		2,700		32,084
High Liner Foods, Inc. (B)		1,773		10,415
Home Capital Group, Inc. (A)		5,679		66,932
Horizon North Logistics, Inc.		8,109		10,983
Hudbay Minerals, Inc.		18,257		130,471
Hudson’s Bay Company (B)		6,300		34,839
IAMGOLD Corp. (A)		40,527		140,412
Imperial Metals Corp. (A)(B)		4,600		9,914
Innergex Renewable Energy, Inc.		7,800		82,182
Interfor Corp. (A)(B)		3,520		41,302
International Petroleum Corp. (A)		5,324		24,820
International Tower Hill Mines, Ltd. (A)		2,300		1,205
Intertape Polymer Group, Inc.		5,900		80,132
Ivanhoe Mines, Ltd., Class A (A)		24,771		59,316
Jamieson Wellness, Inc.		1,100		15,500
Just Energy Group, Inc. (B)		11,440		38,780
KAB Distribution, Inc. (A)(C)		7,076		0
K-Bro Linen, Inc.		600		16,725
Kelt Exploration, Ltd. (A)(B)		10,445		43,067
Kinaxis, Inc. (A)		1,068		62,313
Knight Therapeutics, Inc. (A)		9,400		51,630
Labrador Iron Ore Royalty Corp. (B)		3,218		70,749
Largo Resources, Ltd. (A)(B)		7,800		12,374
Lassonde Industries, Inc., Class A		200		26,412
Laurentian Bank of Canada (B)		3,314		100,560
Leon’s Furniture, Ltd.		1,883		20,248
Linamar Corp.		1,966		70,499
Lucara Diamond Corp. (B)		25,184		29,399
Lundin Gold, Inc. (A)		2,800		10,791
Magellan Aerospace Corp.		900		11,961
Major Drilling Group International, Inc. (A)		6,800		22,847
Maple Leaf Foods, Inc.		2,921		67,563
Martinrea International, Inc.		8,613		77,987
Medical Facilities Corp. (B)		2,104		27,757
MEG Energy Corp. (A)		18,588		70,939
Morguard Corp.		400		59,490
Morneau Shepell, Inc.		3,098		63,543
Mountain Province Diamonds, Inc.		6,800		5,954
MTY Food Group, Inc.		1,942		85,463
Mullen Group, Ltd. (B)		7,082		63,488
New Gold, Inc. (A)		54,815		46,761
NFI Group, Inc. (B)		2,279		55,852
Norbord, Inc.		1,772		48,823
North American Construction Group, Ltd.		2,100		24,389
Northland Power, Inc.		4,359		76,980
NuVista Energy, Ltd. (A)		15,505		49,891
Obsidian Energy, Ltd. (A)(B)		47,519		12,979
Osisko Gold Royalties, Ltd. (B)		7,495		84,185
Painted Pony Energy, Ltd. (A)(B)		7,448		9,531
Pan American Silver Corp.		17,885		236,352
Paramount Resources, Ltd., Class A (A)(B)		5,173		27,561
Parex Resources, Inc. (A)		9,416		147,404

116

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

International Small Company Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
Canada (continued)
Park Lawn Corp.		1,182	$	24,315
Parkland Fuel Corp.		727		22,212
Pason Systems, Inc.		4,636		67,648
Pengrowth Energy Corp. (A)(B)		37,750		15,819
Peyto Exploration & Development Corp. (B)		10,197		53,337
PHX Energy Services Corp. (A)		1,500		3,648
Pizza Pizza Royalty Corp.		1,729		13,029
Polaris Infrastructure, Inc.		1,500		12,706
PolyMet Mining Corp. (A)(B)		11,854		7,983
Precision Drilling Corp. (A)		21,659		51,378
Premier Gold Mines, Ltd. (A)		4,127		4,818
Premium Brands Holdings Corp.		1,400		80,667
Pretium Resources, Inc. (A)(B)		6,500		55,547
Pulse Seismic, Inc. (A)		2,882		5,284
Quarterhill, Inc. (B)		9,800		10,853
Questerre Energy Corp., Class A (A)(B)		19,444		7,421
Real Matters, Inc. (A)		3,500		14,169
Recipe Unlimited Corp.		1,300		24,690
Reitmans Canada, Ltd., Class A		3,200		8,046
Richelieu Hardware, Ltd.		3,200		56,728
Rocky Mountain Dealerships, Inc.		100		673
Rogers Sugar, Inc.		6,474		29,213
Roxgold, Inc. (A)		19,200		13,218
Russel Metals, Inc.		5,489		96,648
Sabina Gold & Silver Corp. (A)		20,475		19,229
Sandstorm Gold, Ltd. (A)(B)		16,231		88,543
Savaria Corp. (B)		2,300		26,195
Seabridge Gold, Inc. (A)(B)		1,222		15,189
Secure Energy Services, Inc.		12,954		79,293
SEMAFO, Inc. (A)		27,678		76,840
Seven Generations Energy, Ltd., Class A (A)		1,676		12,103
ShawCor, Ltd.		4,173		62,485
Sienna Senior Living, Inc. (B)		5,106		72,329
Sierra Wireless, Inc. (A)(B)		4,300		53,092
Sleep Country Canada Holdings, Inc. (D)		2,813		39,932
Sprott, Inc.		13,300		30,156
SSR Mining, Inc. (A)		8,562		108,214
Stantec, Inc.		4,122		97,409
Stella-Jones, Inc.		2,800		94,622
STEP Energy Services, Ltd. (A)(B)(D)		2,600		3,988
Storm Resources, Ltd. (A)		2,200		3,918
Stornoway Diamond Corp. (A)		23,000		1,721
Stuart Olson, Inc. (B)		1,600		5,196
SunOpta, Inc. (A)(B)		5,608		19,346
Superior Plus Corp.		9,057		77,601
Surge Energy, Inc. (B)		21,600		21,336
Tamarack Valley Energy, Ltd. (A)		11,685		21,248
Taseko Mines, Ltd. (A)		16,100		9,397
Teranga Gold Corp. (A)		6,581		18,960
Tervita Corp. (A)		616		2,775
TFI International, Inc.		5,885		173,817
The Descartes Systems Group, Inc. (A)		3,600		130,870
The Intertain Group, Ltd. (A)		1,200		10,659
The North West Company, Inc.		2,606		56,182
Tidewater Midstream and Infrastructure, Ltd.		6,650		7,066
Timbercreek Financial Corp. (B)		6,000		42,115
TLC Vision Corp. (A)		3,400		0
TMAC Resources, Inc. (A)(B)		2,100		6,836
TORC Oil & Gas, Ltd.		13,180		45,467
Torex Gold Resources, Inc. (A)		5,460		68,722
Total Energy Services, Inc.		3,132		22,710
TransAlta Corp.		24,882		182,842

International Small Company Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
Canada (continued)
TransAlta Renewables, Inc. (B)		6,998	$	70,904
Transcontinental, Inc., Class A		7,183		89,925
TransGlobe Energy Corp.		5,600		10,560
Trevali Mining Corp. (A)(B)		37,134		11,115
Trican Well Service, Ltd. (A)		26,009		24,912
Tricon Capital Group, Inc.		8,268		71,212
Uni-Select, Inc.		3,401		35,274
Valener, Inc.		3,089		60,446
Vecima Networks, Inc.		479		3,405
Wajax Corp.		1,300		16,265
Wesdome Gold Mines, Ltd. (A)(B)		8,000		25,263
Western Energy Services Corp. (A)		3,316		794
Western Forest Products, Inc. (B)		25,850		35,592
Westshore Terminals Investment Corp.		2,989		44,779
Whitecap Resources, Inc.		15,868		54,740
Winpak, Ltd.		1,577		50,897
Yamana Gold, Inc.		68,212		177,631
Yangarra Resources, Ltd. (A)		7,331		16,019
Yellow Pages, Ltd. (A)(B)		200		935
ZCL Composites, Inc.		3,500		26,138
Zenith Capital Corp. (A)(C)		1,700		280
				10,740,474
China – 0.1%
FIH Mobile, Ltd. (A)		195,000		21,657
Goodbaby International Holdings, Ltd.		71,000		20,636
Microport Scientific Corp. (B)		28,000		26,358
TK Group Holdings, Ltd.		26,000		16,317
				84,968
Denmark – 2.0%
ALK-Abello A/S (A)		491		81,315
Alm Brand A/S		6,541		56,447
Amagerbanken A/S (A)(C)		25,580		0
Ambu A/S, Class B		7,102		188,429
Bang & Olufsen A/S (A)		2,596		23,400
Bavarian Nordic A/S (A)(B)		2,241		46,842
D/S Norden A/S (B)		2,246		30,562
Dfds A/S		2,262		93,646
FLSmidth & Company A/S		2,430		105,079
H+H International A/S, Class B (A)		1,146		16,950
IC Group A/S		807		4,786
ISS A/S		6,622		201,684
Jeudan A/S		76		10,969
Jyske Bank A/S		3,410		131,860
Lan & Spar Bank A/S		225		15,746
Matas A/S		2,910		28,787
Nilfisk Holding A/S (A)		2,134		84,383
NKT A/S (A)(B)		2,134		37,840
NNIT A/S (D)		479		12,368
Pandora A/S		734		34,393
Per Aarsleff Holding A/S		1,380		45,751
Ringkjoebing Landbobank A/S (B)		1,650		101,453
Rockwool International A/S, A Shares		81		16,878
Rockwool International A/S, B Shares		344		80,672
Royal Unibrew A/S		3,087		227,977
RTX A/S		752		17,855
Scandinavian Tobacco Group A/S (D)		2,633		32,848
Schouw & Company A/S		1,093		81,309
SimCorp A/S		2,671		258,060
Solar A/S, B Shares		410		17,501
Spar Nord Bank A/S		7,501		65,758
Sydbank A/S		4,912		101,908
Topdanmark A/S		2,474		123,603
United International Enterprises		128		25,310
Vestjysk Bank A/S (A)		23,113		9,175

117

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

International Small Company Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
Denmark (continued)
Zealand Pharma A/S (A)		1,273	$	22,744
				2,434,288
Finland – 2.5%
Aktia Bank OYJ		2,328		24,473
Alma Media OYJ		2,502		16,964
Amer Sports OYJ (A)		9,154		412,772
Apetit OYJ		696		6,747
Asiakastieto Group OYJ (D)		860		24,579
Atria OYJ		1,021		9,433
BasWare OYJ (A)		538		13,365
Bittium OYJ		2,708		20,108
Cargotec OYJ, B Shares		2,007		74,047
Caverion OYJ		6,387		39,978
Citycon Oyj		5,523		56,527
Cramo OYJ		2,993		58,849
Ferratum OYJ		459		6,119
Finnair OYJ		4,081		36,758
Fiskars OYJ ABP		3,218		67,521
F-Secure OYJ		7,159		19,651
HKScan OYJ, A Shares		316		627
Huhtamaki OYJ		5,823		216,983
Ilkka-Yhtyma OYJ		1,535		6,687
Kemira OYJ		7,709		95,481
Kesko OYJ, A Shares		690		38,180
Kesko OYJ, B Shares		2,622		159,627
Konecranes OYJ		3,667		130,560
Lassila & Tikanoja OYJ		1,929		30,971
Lehto Group OYJ		1,159		5,526
Metsa Board OYJ		14,191		87,115
Metso OYJ		6,038		208,174
Nokian Renkaat OYJ		6,930		232,257
Olvi OYJ, A Shares		1,172		42,315
Oriola OYJ, B Shares		9,290		24,441
Orion OYJ, Class A		1,226		45,972
Orion OYJ, Class B		4,722		177,436
Outokumpu OYJ		19,116		69,585
Outotec OYJ (A)		11,167		49,055
Pihlajalinna OYJ		1,193		13,277
Ponsse OYJ		543		17,753
Raisio OYJ, V Shares		8,267		23,161
Ramirent OYJ		4,765		29,347
Rapala VMC OYJ		2,298		7,645
Revenio Group OYJ		643		11,123
Sanoma OYJ		4,712		46,204
Stockmann OYJ ABP, B Shares (A)		2,666		6,294
Tieto OYJ		3,335		101,921
Tikkurila OYJ		2,646		43,472
Tokmanni Group Corp.		3,550		33,075
Uponor OYJ		3,834		43,892
Vaisala OYJ, A Shares		952		19,117
Valmet OYJ		6,258		158,555
YIT OYJ		10,171		58,966
				3,122,685
France – 4.0%
ABC arbitrage		1,818		12,479
Air France-KLM (A)		11,018		123,917
AKWEL		725		11,731
Albioma SA		1,912		44,851
Altamir		752		12,704
Alten SA		1,582		169,383
Altran Technologies SA (B)		13,470		147,940
APRIL SA		1,212		28,835
Assystem SA		1,078		39,298
Aubay		399		14,172
Axway Software SA		531		7,197

International Small Company Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
France (continued)
Bastide le Confort Medical (B)		256	$	9,927
Beneteau SA		2,839		33,294
Boiron SA		604		35,513
Bonduelle SCA		1,027		30,134
Burelle SA		15		14,713
Casino Guichard Perrachon SA (B)		2,995		129,848
Cegedim SA (A)		186		5,447
CGG SA (A)		29,813		60,971
Chargeurs SA		2,180		46,064
Cie des Alpes		874		23,581
Cie Plastic Omnium SA		2,780		74,062
Coface SA		7,024		62,106
Derichebourg SA		6,625		26,944
Devoteam SA		469		52,068
Electricite de Strasbourg SA		81		9,501
Elior Group SA (B)(D)		6,407		85,791
Elis SA		6,449		103,700
Eramet		720		40,079
Etablissements Maurel et Prom (A)		1,561		5,999
Europcar Mobility Group (D)		8,350		67,740
Eutelsat Communications SA		10,331		180,917
Exel Industries SA, A Shares		89		6,529
Fnac Darty SA (A)		1,390		103,839
Gaztransport Et Technigaz SA		1,087		98,946
GL Events		1,085		23,755
Groupe Crit		163		10,995
Groupe Open		410		7,187
Guerbet		508		30,602
Haulotte Group SA		962		7,895
ID Logistics Group (A)		176		27,879
Imerys SA		1,325		66,098
Ingenico Group SA		3,657		261,227
IPSOS		2,286		57,249
Jacquet Metal Service SA		1,278		21,319
Kaufman & Broad SA		1,368		55,895
Korian SA		3,163		128,087
Lagardere SCA		7,152		184,032
Latecoere SACA (A)		5,397		18,877
Laurent-Perrier		110		11,499
Lectra		1,346		32,546
LISI		1,205		37,034
LNA Sante SA		511		26,891
Maisons du Monde SA (D)		1,925		37,212
Manitou BF SA		880		24,612
Manutan International (B)		105		7,254
Mersen SA		1,171		37,851
Metropole Television SA		2,482		45,788
Neopost SA		2,721		65,166
Nexans SA		2,031		60,485
Nexity SA		2,813		137,302
Nicox (A)(B)		3,009		19,031
NRJ Group		782		6,423
Oeneo SA		1,331		14,055
Onxeo SA (A)		4,617		4,237
Parrot SA (A)(B)		1,788		6,398
Pierre & Vacances SA (A)(B)		142		2,528
Plastivaloire		383		3,635
Rallye SA (B)		1,771		20,972
Recylex SA (A)(B)		1,058		5,612
Rexel SA		19,676		222,050
Robertet SA		73		44,541
Rothschild & Company		1,372		43,667
Rubis SCA		5,042		275,237
Savencia SA		372		26,454
Seche Environnement SA		335		10,899

118

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

International Small Company Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
France (continued)
Societe BIC SA		1,500	$	133,723
Societe pour l’Informatique Industrielle		438		10,474
SOITEC (A)		1,176		96,486
Solocal Group (A)(B)		36,459		21,294
Somfy SA		407		36,057
Sopra Steria Group		883		102,583
SPIE SA (B)		7,967		140,950
Stef SA		202		19,121
Synergie SA		557		17,378
Tarkett SA (B)		2,933		63,034
Technicolor SA (A)		18,529		21,258
Television Francaise 1		2,504		23,068
Thermador Groupe (B)		453		25,430
Trigano SA		463		36,125
Vallourec SA (A)(B)		19,754		46,435
Vetoquinol SA		56		3,595
Vicat SA		1,404		67,566
VIEL & Cie SA		6,040		33,912
Vilmorin & Cie SA		614		32,511
Virbac SA (A)		180		29,526
				5,011,222
Gabon – 0.0%
Total Gabon (B)		20		3,019
Georgia – 0.1%
Bank of Georgia Group PLC		2,491		53,680
Georgia Capital PLC (A)		2,491		35,388
				89,068
Germany – 6.2%
Aareal Bank AG		4,192		129,454
ADLER Real Estate AG		1,638		24,140
ADO Properties SA (B)(D)		1,837		104,450
ADVA Optical Networking SE (A)		5,162		51,791
AIXTRON SE (A)		3,257		29,393
Allgeier SE		498		13,754
Amadeus Fire AG		510		58,896
Atoss Software AG		109		12,281
Aurubis AG		2,413		129,440
Basler AG		54		9,100
Bauer AG		959		16,520
BayWa AG		1,025		29,201
Bechtle AG		1,842		170,900
Bertrandt AG		394		27,932
bet-at-home.com AG		350		22,797
Bijou Brigitte AG		340		16,973
Bilfinger SE		2,311		80,562
Borussia Dortmund GmbH & Company KGaA		5,769		53,056
CANCOM SE		2,262		101,985
Carl Zeiss Meditec AG		1,403		117,251
CECONOMY AG (A)		5,992		31,912
CENIT AG		446		7,141
CENTROTEC Sustainable AG		291		3,886
Cewe Stiftung & Company KGaA		503		43,583
comdirect bank AG		2,610		29,582
CompuGroup Medical SE		1,368		80,681
CropEnergies AG		1,544		9,024
CTS Eventim AG & Company KGaA		3,354		159,031
Delticom AG		491		3,462
Deutsche Beteiligungs AG		1,400		51,984
Deutsche EuroShop AG		3,250		98,607
Deutsche Pfandbriefbank AG (D)		9,343		114,627
Deutz AG		10,600		88,933
DIC Asset AG		4,984		56,143
Diebold Nixdorf AG		189		12,574

International Small Company Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
Germany (continued)
DMG Mori AG		1,737	$	84,121
Dr. Hoenle AG		420		20,649
Draegerwerk AG & Company KGaA		82		3,513
Duerr AG		3,200		125,640
Eckert & Ziegler AG		402		34,676
Elmos Semiconductor AG		1,271		27,855
ElringKlinger AG (B)		2,576		17,539
Evotec AG (A)		4,831		128,713
Fielmann AG		1,556		107,424
First Sensor AG		676		15,567
Freenet AG		8,192		176,209
FUCHS PETROLUB SE		634		24,966
GEA Group AG		5,535		145,066
Gerresheimer AG		1,930		145,277
Gesco AG		885		22,587
GFT Technologies SE		961		8,193
GRENKE AG		852		83,051
H&R GmbH & Company KGaA		1,324		11,020
Hamburger Hafen und Logistik AG		2,218		50,677
Heidelberger Druckmaschinen AG (A)(B)		18,003		31,427
Hella GmbH & Company KGaA		2,112		93,025
Hornbach Baumarkt AG		249		4,450
HUGO BOSS AG		3,782		258,594
Indus Holding AG		1,395		67,272
Isra Vision AG		1,607		60,130
Jenoptik AG		3,695		137,959
K+S AG		12,004		220,426
Kloeckner & Company SE		5,538		40,729
Koenig & Bauer AG		912		38,237
Krones AG		1,001		88,293
KWS Saat SE		685		47,321
LANXESS AG		4,224		225,821
Leifheit AG		437		11,316
Leoni AG		2,398		46,853
Manz AG (A)		233		6,266
Medigene AG (A)(B)		760		7,278
METRO AG		3,100		51,487
MLP SE		5,864		29,402
Nemetschek SE		1,243		212,403
Nexus AG		866		23,002
Nordex SE (A)		4,553		74,612
Norma Group SE		2,215		107,637
OHB SE		399		16,143
OSRAM Licht AG		4,241		146,100
Paragon GmbH & Company KGaA		209		8,445
PATRIZIA Immobilien AG		3,146		70,093
Pfeiffer Vacuum Technology AG		467		71,515
PNE AG		4,544		11,675
ProSiebenSat.1 Media SE		8,224		117,085
PSI Software AG		815		15,466
QSC AG		6,549		9,117
Rheinmetall AG		2,634		274,977
RHOEN-KLINIKUM AG		2,065		59,485
RIB Software SE		2,173		35,908
Rocket Internet SE (A)(D)		4,038		102,680
SAF-Holland SA		4,007		45,892
Salzgitter AG		2,631		76,201
Scout24 AG (D)		4,333		224,544
SGL Carbon SE (A)		1,013		8,959
SHW AG		14		312
Siltronic AG		1,001		88,322
Sixt SE		1,086		113,588
SMA Solar Technology AG		916		18,776
Software AG		3,302		111,769
STRATEC SE		407		27,499

119

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

International Small Company Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
Germany (continued)
Stroeer SE & Company KGaA		2,113	$	123,836
Suedzucker AG		5,201		66,467
SUESS MicroTec SE (A)		2,259		25,725
Surteco Group SE		496		13,908
TAG Immobilien AG		7,373		182,098
Takkt AG		2,476		40,724
Technotrans SE		530		16,771
Tele Columbus AG (A)(D)		1,029		1,873
TLG Immobilien AG		5,834		175,765
Tom Tailor Holding SE (A)		3,037		8,216
Traffic Systems SE		106		1,534
VERBIO Vereinigte BioEnergie AG		1,482		11,502
Vossloh AG		859		39,291
Wacker Chemie AG		759		65,345
Wacker Neuson SE		2,553		60,754
Washtec AG		850		64,896
Wuestenrot & Wuerttembergische AG		1,566		30,091
XING SE		225		77,896
				7,768,972
Gibraltar – 0.0%
888 Holdings PLC		12,231		24,870
Greece – 0.0%
Alapis Holding Industrial & Commercial SA (A)(C)		3,303		152
TT Hellenic Postbank SA (A)(C)		12,594		0
				152
Guernsey, Channel Islands – 0.0%
Raven Property Group, Ltd. (A)		5,935		3,215
Hong Kong – 2.9%
Agritrade Resources, Ltd. (B)		130,000		21,528
Allied Group, Ltd.		6,000		36,422
Allied Properties HK, Ltd.		160,000		37,940
APAC Resources, Ltd.		10,264		1,543
APT Satellite Holdings, Ltd.		32,250		14,467
Asia Financial Holdings, Ltd.		26,000		15,063
Asia Satellite Telecommunications Holdings, Ltd.		2,500		2,070
Associated International Hotels, Ltd.		28,000		82,012
BOE Varitronix, Ltd.		18,000		5,818
Bonjour Holdings, Ltd. (A)		162,800		4,276
Bright Smart Securities & Commodities Group, Ltd. (B)		26,000		6,508
Brightoil Petroleum Holdings, Ltd. (A)(C)		117,000		14,532
Brockman Mining, Ltd. (A)		740,840		16,689
Burwill Holdings, Ltd. (A)		292,000		5,915
Cafe de Coral Holdings, Ltd.		18,000		45,840
Camsing International Holding, Ltd. (B)		16,000		16,233
Chen Hsong Holdings		10,000		3,616
Cheuk Nang Holdings, Ltd.		3,266		1,818
China Energy Development Holdings, Ltd. (A)		634,000		11,091
China Everbright Greentech, Ltd. (D)		15,000		11,925
China Goldjoy Group, Ltd.		596,000		24,705
China Medical & HealthCare Group, Ltd. (A)		470,000		10,677
China Shandong Hi-Speed Financial Group, Ltd. (A)		438,000		15,896
China Solar Energy Holdings, Ltd. (A)(C)		42,500		0
China Strategic Holdings, Ltd. (A)		885,000		8,680
Chinese Estates Holdings, Ltd.		22,000		25,601
Chong Hing Bank, Ltd.		10,000		18,527

International Small Company Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
Hong Kong (continued)
Chow Sang Sang Holdings International, Ltd.		22,000	$	34,243
Chuang’s Consortium International, Ltd.		30,948		7,022
CITIC Telecom International Holdings, Ltd.		112,000		50,392
CK Life Sciences International Holdings, Inc.		282,000		16,022
CP Lotus Corp. (A)		220,000		2,463
CSI Properties, Ltd.		245,066		12,501
CST Group, Ltd. (A)		2,210,240		7,605
Dah Sing Banking Group, Ltd.		29,600		55,640
Dah Sing Financial Holdings, Ltd.		10,920		57,364
Dickson Concepts International, Ltd.		29,000		15,112
Digital Domain Holdings, Ltd. (A)		530,000		9,531
EganaGoldpfeil Holdings, Ltd. (A)(C)		103,373		0
Emperor Capital Group, Ltd.		192,000		9,812
Emperor Entertainment Hotel, Ltd.		40,000		8,355
Emperor International Holdings, Ltd.		97,333		30,142
Enerchina Holdings, Ltd.		204,000		21,324
Esprit Holdings, Ltd. (A)(B)		117,900		25,430
Fairwood Holdings, Ltd.		3,500		12,332
Far East Consortium International, Ltd.		79,809		38,249
First Pacific Company, Ltd.		146,000		53,343
Freeman FinTech Corp., Ltd. (A)		32,000		1,555
Future Bright Holdings, Ltd. (B)		6,000		451
Get Nice Holdings, Ltd.		591,000		21,843
Giordano International, Ltd.		82,000		39,831
Global Brands Group Holding, Ltd. (B)		304,000		4,146
Glorious Sun Enterprises, Ltd.		96,000		11,145
Gold-Finance Holdings, Ltd. (A)(B)		62,000		1,881
Great Eagle Holdings, Ltd.		10,000		50,998
G-Resources Group, Ltd. (A)		2,014,800		19,528
Guotai Junan International Holdings, Ltd. (B)		207,000		42,048
Haitong International Securities Group, Ltd. (B)		114,070		45,014
Hang Fung Gold Technology, Ltd. (A)(C)		90,000		0
Hang Lung Group, Ltd.		8,000		25,717
Hanison Construction Holdings, Ltd.		27,441		4,723
Harbour Centre Development, Ltd.		38,000		71,834
HKBN, Ltd.		49,000		78,085
HKR International, Ltd.		51,920		30,456
Hong Kong Ferry Holdings Company, Ltd.		29,000		32,782
Hong Kong International Construction Investment Management Group Company, Ltd.		36,000		13,770
Hongkong Chinese, Ltd.		66,000		9,908
Hopewell Holdings, Ltd.		29,500		145,145
Hsin Chong Group Holdings, Ltd. (A)(B)(C)		170,000		7,580
Hutchison Port Holdings Trust		161,400		38,019
Hutchison Telecommunications Hong Kong Holdings, Ltd.		80,000		34,069
Imagi International Holdings, Ltd. (A)		3,984		1,053
IT, Ltd.		44,601		20,656
Johnson Electric Holdings, Ltd.		20,500		47,535
Kerry Logistics Network, Ltd.		36,000		65,182
Kingston Financial Group, Ltd.		38,000		8,624
Kowloon Development Company, Ltd.		22,000		27,475
Lai Sun Development Company, Ltd.		15,320		25,839
Landing International Development, Ltd. (A)		75,600		21,600
Li & Fung, Ltd.		322,000		58,007
Lifestyle International Holdings, Ltd.		37,500		65,044

120

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

International Small Company Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
Hong Kong (continued)
Lippo China Resources, Ltd.		36,000	$	909
Liu Chong Hing Investment, Ltd.		16,000		28,308
Luk Fook Holdings International, Ltd. (B)		21,000		70,765
Man Wah Holdings, Ltd.		89,600		52,554
Mandarin Oriental International, Ltd.		8,000		15,620
Mason Group Holdings, Ltd. (A)(B)		1,548,800		27,818
Mega Expo Holdings, Ltd. (B)		60,000		33,811
Melco International Development, Ltd.		33,000		77,417
Midland Holdings, Ltd.		34,734		7,266
Million Hope Industries Holdings, Ltd. (A)		10,976		1,049
Miramar Hotel & Investment		15,000		32,410
Nameson Holdings, Ltd.		62,000		5,696
New Times Energy Corp., Ltd. (A)		59,175		762
NewOcean Energy Holdings, Ltd. (A)		66,000		18,849
OP Financial, Ltd.		32,000		8,602
Pacific Andes International Holdings, Ltd. (A)(C)		328,006		0
Pacific Basin Shipping, Ltd.		294,000		63,429
Pacific Textiles Holdings, Ltd.		51,000		45,877
Paliburg Holdings, Ltd.		46,000		19,628
Paradise Entertainment, Ltd. (A)		52,000		7,755
Peace Mark Holdings, Ltd. (A)(C)		164,000		0
Pico Far East Holdings, Ltd.		60,000		24,351
Playmates Holdings, Ltd.		78,000		11,034
Playmates Toys, Ltd. (A)		8,000		703
Polytec Asset Holdings, Ltd. (B)		152,200		19,802
PYI Corp., Ltd. (A)		372,000		6,503
Realord Group Holdings, Ltd. (A)		36,000		23,071
Regal Hotels International Holdings, Ltd.		36,000		22,604
Regina Miracle International Holdings, Ltd. (B)(D)		17,000		12,044
Sa Sa International Holdings, Ltd. (B)		61,568		21,054
SEA Holdings, Ltd. (B)		19,268		25,860
Shenwan Hongyuan HK, Ltd.		20,000		5,438
Shun Tak Holdings, Ltd. (B)		130,250		51,804
Singamas Container Holdings, Ltd.		114,000		18,727
SITC International Holdings Company, Ltd.		64,000		65,751
Sitoy Group Holdings, Ltd.		14,000		3,143
SmarTone Telecommunications Holdings, Ltd.		31,500		34,256
SOCAM Development, Ltd. (A)		3,892		967
South China Holdings Company, Ltd. (A)		640,000		14,981
Stella International Holdings, Ltd.		34,500		51,831
Summit Ascent Holdings, Ltd. (A)(B)		90,000		11,815
Sun Hung Kai & Company, Ltd.		45,000		22,605
SUNeVision Holdings, Ltd.		18,000		15,363
TAI Cheung Holdings, Ltd.		46,000		51,298
Tao Heung Holdings, Ltd.		14,000		2,693
Television Broadcasts, Ltd.		19,100		37,058
Texwinca Holdings, Ltd. (B)		60,000		22,488
The Cross-Harbour Holdings, Ltd.		19,716		28,031
The Hongkong & Shanghai Hotels, Ltd.		45,500		65,498
The United Laboratories International Holdings, Ltd.		42,000		24,848
TOM Group, Ltd. (A)(B)		52,000		10,217
Town Health International Medical Group, Ltd. (A)(B)(C)		261,361		22,973
Tradelink Electronic Commerce, Ltd.		50,000		8,285
Transport International Holdings, Ltd.		11,200		33,822
Trinity, Ltd. (A)		74,000		3,821
Upbest Group, Ltd.		164,000		21,974

International Small Company Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
Hong Kong (continued)
Value Partners Group, Ltd.		51,000	$	39,740
Victory City International Holdings, Ltd.		113,060		1,426
Vitasoy International Holdings, Ltd.		10,000		48,432
VSTECS Holdings, Ltd.		45,200		26,222
VTech Holdings, Ltd.		6,900		70,664
Wai Kee Holdings, Ltd.		46,000		33,193
We Solutions, Ltd. (A)		56,000		3,533
Wing On Company International, Ltd.		4,000		13,963
Wing Tai Properties, Ltd.		86,000		65,094
YT Realty Group, Ltd.		9,152		2,739
Yugang International, Ltd.		312,000		6,960
				3,625,021
Ireland – 0.4%
C&C Group PLC		19,897		71,497
FBD Holdings PLC		1,676		16,957
Glanbia PLC		5,573		109,000
Grafton Group PLC		14,783		155,984
Greencore Group PLC		11,952		31,459
Hostelworld Group PLC (D)		3,022		7,283
IFG Group PLC (A)		7,017		17,436
Irish Continental Group PLC		6,583		35,923
Tarsus Group PLC		6,029		24,256
UDG Healthcare PLC		4,149		30,602
				500,397
Isle of Man – 0.1%
Hansard Global PLC		6,816		3,504
Playtech PLC		12,183		69,042
Strix Group PLC		6,042		12,448
				84,994
Israel – 1.0%
ADO Group, Ltd. (A)		940		20,228
Africa Israel Properties, Ltd. (A)		558		15,483
Airport City, Ltd. (A)		5,177		75,187
Allot, Ltd. (A)		2,103		16,330
Alony Hetz Properties & Investments, Ltd.		4,742		53,450
Alrov Properties and Lodgings, Ltd.		399		13,752
Amot Investments, Ltd.		4,144		23,068
AudioCodes, Ltd.		1,955		26,809
Bayside Land Corp.		50		23,865
Big Shopping Centers, Ltd.		168		11,405
Blue Square Real Estate, Ltd.		215		8,470
Cellcom Israel, Ltd. (A)		1,966		7,141
Cellcom Israel, Ltd. (New York Stock Exchange) (A)		825		2,970
Clal Biotechnology Industries, Ltd. (A)(B)		3,950		3,050
Clal Insurance Enterprises Holdings, Ltd. (A)		1,967		25,993
Compugen, Ltd. (A)		1,251		5,379
Delek Automotive Systems, Ltd.		1,858		7,182
Delek Group, Ltd.		93		16,124
Delta Galil Industries, Ltd.		618		19,009
El Al Israel Airlines (A)		24,289		6,217
Electra, Ltd.		139		35,314
Equital, Ltd. (A)		992		28,381
First International Bank of Israel, Ltd.		787		18,586
Formula Systems 1985, Ltd.		549		25,737
Fox Wizel, Ltd.		488		14,959
Gilat Satellite Networks, Ltd.		1,452		11,960
Hadera Paper, Ltd.		244		18,541
Harel Insurance Investments & Financial Services, Ltd.		7,935		52,399
Hilan, Ltd.		1,033		28,110

121

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

International Small Company Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
Israel (continued)
IDI Insurance Company, Ltd.		440	$	21,013
Industrial Buildings Corp., Ltd. (A)		8,157		13,152
Inrom Construction Industries, Ltd.		2,183		7,527
Israel Discount Bank, Ltd., Class A		1		3
Kamada, Ltd. (A)		1,616		9,256
Magic Software Enterprises, Ltd.		1,349		11,468
Matrix IT, Ltd.		2,095		26,407
Maytronics, Ltd.		1,808		11,700
Melisron, Ltd.		701		35,600
Menora Mivtachim Holdings, Ltd.		1,766		21,558
Migdal Insurance & Financial Holding, Ltd.		27,734		26,128
Mivtach Shamir Holdings, Ltd.		397		7,443
Naphtha Israel Petroleum Corp., Ltd.		2,030		12,912
Nova Measuring Instruments, Ltd. (A)		1,872		46,012
Oil Refineries, Ltd. (A)		102,102		50,027
Partner Communications Company, Ltd. (A)		9,878		37,854
Paz Oil Company, Ltd. (A)		525		78,527
Rami Levy Chain Stores Hashikma Marketing 2006, Ltd.		449		22,723
Scope Metals Group, Ltd.		377		10,009
Shapir Engineering and Industry, Ltd.		7,076		24,116
Shikun & Binui, Ltd. (A)		10,724		25,713
Shufersal, Ltd.		9,064		58,609
Summit Real Estate Holdings, Ltd.		2,363		20,925
The Phoenix Holdings, Ltd.		2,821		14,654
				1,208,435
Italy – 4.0%
A2A SpA		88,577		161,840
ACEA SpA		4,062		68,781
Amplifon SpA		6,559		128,001
Anima Holding SpA (D)		9,128		37,327
Aquafil SpA		969		10,885
Arnoldo Mondadori Editore SpA (A)		12,613		21,953
Ascopiave SpA		7,647		30,152
Autogrill SpA		6,422		61,836
Avio SpA		877		12,360
Azimut Holding SpA (B)		7,368		125,370
Banca Farmafactoring SpA (D)		8,151		49,587
Banca Generali SpA		3,249		80,880
Banca IFIS SpA		1,607		26,536
Banca Popolare di Sondrio SCPA		28,436		77,881
Banca Profilo SpA (B)		24,032		4,457
Banco BPM SpA (A)(B)		97,273		201,562
BF SpA (A)		1,608		4,400
Biesse SpA		835		18,184
BPER Banca		36,058		147,555
Brembo SpA		9,683		109,900
Brunello Cucinelli SpA		2,028		69,822
Buzzi Unicem SpA (B)		4,611		94,470
Cairo Communication SpA		4,712		19,934
Cementir Holding SpA		4,165		29,408
Cerved Group SpA		12,425		123,728
CIR-Compagnie Industriali Riunite SpA		30,338		37,185
Credito Emiliano SpA		6,238		35,092
Credito Valtellinese SpA (A)		504,336		40,535
Danieli & C Officine Meccaniche SpA		788		15,796
Datalogic SpA		1,877		43,858
De’ Longhi SpA		4,086		110,411
DeA Capital SpA (A)		4,665		7,422
DiaSorin SpA		1,678		169,246
doBank SpA (D)		812		10,893
Enav SpA (D)		13,939		76,023
ERG SpA		4,588		86,894

International Small Company Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
Italy (continued)
Esprinet SpA		3,554	$	12,844
Eurotech SpA (A)		1,562		7,383
Falck Renewables SpA		9,073		32,979
Fila SpA		1,303		18,652
Fincantieri SpA		36,827		45,331
GEDI Gruppo Editoriale SpA (A)(B)		18,304		7,595
Geox SpA		8,390		15,554
Gruppo MutuiOnline SpA		2,096		43,453
Hera SpA		55,199		199,765
IMA Industria Macchine Automatiche SpA		816		61,019
IMMSI SpA (A)		6,756		3,567
Infrastrutture Wireless Italiane SpA (D)		3,185		28,519
Interpump Group SpA		4,776		156,000
Iren SpA		39,911		101,889
Italgas SpA		24,970		154,292
Italmobiliare SpA		1,654		37,605
Juventus Football Club SpA (A)(B)		23,150		39,579
La Doria SpA		1,205		10,890
Leonardo SpA		7,918		92,220
Maire Tecnimont SpA		10,323		39,376
MARR SpA		2,608		59,417
Mediaset SpA (A)(B)		25,890		79,137
OVS SpA (A)(B)(D)		9,134		16,785
Piaggio & C SpA		11,658		28,467
Prima Industrie SpA (B)		178		3,955
RAI Way SpA (D)		5,678		29,376
Reno de Medici SpA		15,969		11,790
Reply SpA		1,504		96,913
Retelit SpA (B)		7,126		11,789
SAES Getters SpA		536		13,236
Safilo Group SpA (A)(B)		2,378		1,905
Saipem SpA (A)		41,655		220,587
Salini Impregilo SpA (B)		14,544		33,864
Salvatore Ferragamo SpA		3,216		69,030
Saras SpA		39,697		73,568
Sesa SpA		320		10,205
Societa Cattolica di Assicurazioni SC		11,261		107,742
Societa Iniziative Autostradali e Servizi SpA		5,263		91,244
Sogefi SpA (A)		3,551		6,137
SOL SpA		2,802		35,590
Tamburi Investment Partners SpA		8,506		59,508
Technogym SpA (D)		5,693		70,133
Tod’s SpA (B)		590		27,361
TREVI – Finanziaria Industriale SpA (A)(B)		9,838		3,305
Unione di Banche Italiane SpA (B)		63,162		167,378
Unipol Gruppo SpA		23,441		116,932
UnipolSai Assicurazioni SpA		32,943		88,964
Zignago Vetro SpA		1,669		18,670
				5,011,664
Japan – 21.8%
Access Company, Ltd. (B)		2,300		20,643
Achilles Corp.		1,000		17,260
Adastria Company, Ltd.		1,820		40,406
ADEKA Corp.		4,700		69,087
Advan Company, Ltd.		1,000		9,218
Aeon Delight Company, Ltd.		400		15,574
Aeon Fantasy Company, Ltd.		400		10,339
Aeria, Inc. (A)		700		4,001
Ai Holdings Corp.		1,900		31,471
Aichi Corp.		3,200		20,268
Aichi Steel Corp.		700		21,771
Aida Engineering, Ltd.		4,500		32,560

122

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

International Small Company Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
Japan (continued)
Aiful Corp. (A)		15,500	$	39,003
Aiphone Company, Ltd.		1,300		20,508
Airport Facilities Company, Ltd.		1,200		6,000
Aisan Industry Company, Ltd.		2,500		15,398
Aizawa Securities Company, Ltd.		2,400		14,570
Akatsuki, Inc.		400		23,055
Akebono Brake Industry Company, Ltd. (A)		9,400		10,553
Albis Company, Ltd.		500		10,459
Alconix Corp.		1,600		16,603
Alpen Company, Ltd. (B)		1,100		17,010
Alpha Systems, Inc.		840		19,932
Altech Corp.		1,000		16,715
Amano Corp.		3,300		77,993
Amuse, Inc.		800		16,981
Anest Iwata Corp.		1,800		15,850
Anicom Holdings, Inc.		1,300		35,255
AOI TYO Holdings, Inc.		1,200		8,515
AOKI Holdings, Inc.		3,100		32,492
Aoyama Trading Company, Ltd.		2,500		56,873
Arakawa Chemical Industries, Ltd.		1,400		17,246
Arata Corp.		700		24,171
Arcland Sakamoto Company, Ltd.		2,400		32,540
Arcland Service Holdings Company, Ltd.		1,000		18,353
Arcs Company, Ltd.		2,625		57,821
Arealink Company, Ltd.		500		4,056
Argo Graphics, Inc. (B)		1,000		21,364
Arisawa Manufacturing Company, Ltd.		2,900		20,836
Arrk Corp. (A)		4,200		4,027
As One Corp.		400		31,831
Asahi Company, Ltd.		800		11,076
Asahi Diamond Industrial Company, Ltd.		3,900		26,977
Asahi Holdings, Inc.		1,800		32,585
ASAHI YUKIZAI Corp.		1,200		17,712
Asanuma Corp. (B)		700		15,578
ASKA Pharmaceutical Company, Ltd.		1,600		16,595
ASKUL Corp.		1,000		24,991
Ateam, Inc.		800		13,049
Atom Corp. (B)		3,000		26,658
Atsugi Company, Ltd.		1,200		10,456
Autobacs Seven Company, Ltd.		4,300		71,496
Avex, Inc.		2,500		33,386
Axell Corp. (A)		100		499
Axial Retailing, Inc.		800		24,657
Bando Chemical Industries, Ltd.		2,500		24,013
Bank of the Ryukyus, Ltd.		3,000		30,597
BayCurrent Consulting, Inc.		900		28,343
Belc Company, Ltd.		500		22,672
Bell System24 Holdings, Inc.		2,400		29,768
Belluna Company, Ltd.		2,100		16,314
BML, Inc.		1,800		52,284
Bourbon Corp.		500		8,486
BrainPad, Inc. (A)		500		26,878
Broadleaf Company, Ltd.		8,900		46,919
BRONCO BILLY Company, Ltd.		600		14,301
Bunka Shutter Company, Ltd.		5,000		36,298
C Uyemura & Company, Ltd.		400		23,410
CAC Holdings Corp.		1,500		20,006
Can Do Company, Ltd. (B)		900		13,755
Canon Electronics, Inc.		1,700		26,972
Carlit Holdings Company, Ltd.		2,100		14,802
Cawachi, Ltd.		900		14,407
Central Automotive Products, Ltd.		1,200		17,999
Central Glass Company, Ltd.		2,800		61,656

International Small Company Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
Japan (continued)
Central Security Patrols Company, Ltd. (B)		300	$	13,206
Central Sports Company, Ltd.		600		17,106
Chilled & Frozen Logistics Holdings Company, Ltd.		1,600		17,897
Chino Corp.		400		4,643
Chiyoda Company, Ltd.		800		12,878
Chiyoda Integre Company, Ltd.		800		14,850
Chofu Seisakusho Company, Ltd.		1,700		35,256
Chori Company, Ltd.		1,200		16,892
Chubu Shiryo Company, Ltd.		2,000		21,137
Chudenko Corp.		1,900		38,792
Chuetsu Pulp & Paper Company, Ltd.		500		6,282
Chugai Ro Company, Ltd.		500		7,926
Chugoku Marine Paints, Ltd. (B)		4,000		35,879
CI Takiron Corp.		3,000		16,290
Citizen Watch Company, Ltd.		9,300		51,968
CKD Corp. (B)		3,300		29,913
Cleanup Corp.		2,100		11,226
CMIC Holdings Company, Ltd.		1,200		16,698
CMK Corp. (A)		3,700		21,675
cocokara fine, Inc.		1,140		45,351
COLOPL, Inc.		4,600		28,593
Colowide Company, Ltd. (B)		2,700		55,987
Computer Engineering & Consulting, Ltd.		1,800		33,733
Comture Corp.		500		16,498
CONEXIO Corp.		1,300		16,404
COOKPAD, Inc. (A)		1,800		4,533
Corona Corp.		300		2,858
Cosel Company, Ltd. (B)		1,200		12,658
Cosmo Energy Holdings Company, Ltd.		800		16,067
Create Restaurants Holdings, Inc. (B)		2,500		30,921
Create SD Holdings Company, Ltd.		900		21,210
CTS Company, Ltd.		1,900		10,708
Dai Nippon Toryo Company, Ltd.		1,200		12,012
Daibiru Corp.		3,400		32,326
Dai-Dan Company, Ltd.		1,000		23,247
Daido Metal Company, Ltd.		1,900		12,176
Daido Steel Company, Ltd. (B)		800		31,667
Daidoh, Ltd.		2,000		5,854
Daihen Corp.		1,400		36,063
Daiho Corp.		1,200		35,135
Daiichi Jitsugyo Company, Ltd.		400		11,566
Daiichi Kigenso Kagaku-Kogyo Company, Ltd.		1,800		13,221
Dai-ichi Seiko Company, Ltd.		500		4,742
Daiken Corp.		1,000		19,495
Daiken Medical Company, Ltd.		400		2,010
Daiki Aluminium Industry Company, Ltd. (B)		3,000		18,047
Daikoku Denki Company, Ltd.		800		11,147
Daikokutenbussan Company, Ltd.		300		10,413
Daikyonishikawa Corp.		1,900		17,496
Dainichiseika Color & Chemicals Manufacturing Company, Ltd.		1,000		27,362
Daio Paper Corp.		3,600		44,214
Daiseki Company, Ltd.		1,800		43,893
Daishi Hokuetsu Financial Group, Inc.		2,700		76,428
Daito Pharmaceutical Company, Ltd.		700		17,485
Daiwa Industries, Ltd.		2,000		20,533
Daiwabo Holdings Company, Ltd.		1,200		69,284
DCM Holdings Company, Ltd. (B)		6,500		60,627
Denki Kogyo Company, Ltd.		1,000		30,129
Denyo Company, Ltd.		900		11,153

123

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

International Small Company Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
Japan (continued)
Descente, Ltd.		1,400	$	36,754
Dexerials Corp.		3,500		23,260
Digital Arts, Inc.		700		57,376
Digital Hearts Holdings Company, Ltd.		900		10,499
Dip Corp. (B)		1,900		32,954
DKS Company, Ltd.		400		12,598
DMG Mori Company, Ltd.		2,600		32,324
Doshisha Company, Ltd.		1,700		26,555
Doutor Nichires Holdings Company, Ltd.		2,300		43,727
Dowa Holdings Company, Ltd. (B)		1,000		32,929
DTS Corp.		900		33,327
Duskin Company, Ltd.		2,100		50,077
DyDo Group Holdings, Inc.		700		31,590
Eagle Industry Company, Ltd.		2,200		24,083
EDION Corp.		5,000		43,669
eGuarantee, Inc.		2,400		23,979
E-Guardian, Inc.		900		18,253
Eiken Chemical Company, Ltd.		1,800		42,439
Eizo Corp.		1,100		43,827
Elecom Company, Ltd.		800		24,720
Elematec Corp.		700		10,719
EM Systems Company, Ltd. (B)		1,000		12,026
Enigmo, Inc. (A)		1,200		31,058
Enplas Corp.		1,100		28,369
EPS Holdings, Inc.		1,800		30,100
eRex Company, Ltd.		1,900		17,793
ES-Con Japan, Ltd. (B)		3,800		25,133
ESPEC Corp.		1,600		29,931
Excel Company, Ltd.		900		19,028
Exedy Corp.		1,900		41,275
F@N Communications, Inc.		2,000		10,199
FCC Company, Ltd.		2,200		46,658
Feed One Company, Ltd.		15,040		23,944
Ferrotec Holdings Corp.		2,600		26,132
FIDEA Holdings Company, Ltd.		21,400		25,350
Fields Corp. (B)		1,500		9,823
Financial Products Group Company, Ltd.		2,800		22,988
Fixstars Corp. (B)		2,000		25,230
Foster Electric Company, Ltd.		2,100		31,635
France Bed Holdings Company, Ltd.		2,200		17,941
Fronteo, Inc.		2,600		12,890
Fudo Tetra Corp.		1,080		14,092
Fuji Company, Ltd.		1,400		24,187
Fuji Corp.		2,900		38,728
Fuji Corp., Ltd.		1,300		9,639
Fuji Kyuko Company, Ltd. (B)		900		33,881
Fuji Oil Company, Ltd.		4,400		9,997
Fuji Pharma Company, Ltd.		1,400		22,167
Fuji Seal International, Inc.		1,000		36,228
Fuji Soft, Inc.		600		23,797
Fujibo Holdings, Inc.		700		16,693
Fujicco Company, Ltd.		1,500		29,183
Fujikura Kasei Company, Ltd.		2,000		10,759
Fujikura, Ltd. (B)		15,600		58,909
Fujimori Kogyo Company, Ltd.		1,100		30,304
Fujio Food System Company, Ltd.		800		22,223
Fujisash Company, Ltd.		4,900		3,941
Fujita Kanko, Inc.		300		7,404
Fujitec Company, Ltd.		4,000		44,379
Fujitsu Frontech, Ltd.		600		5,491
Fujitsu General, Ltd.		3,000		42,532
Fujiya Company, Ltd.		500		9,847
Fukuda Corp.		200		7,624
Fukui Computer Holdings, Inc.		700		13,076
Fukuoka Financial Group, Inc.		1,120		24,870

International Small Company Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
Japan (continued)
Fukushima Industries Corp.		500	$	16,088
Fukuyama Transporting Company, Ltd.		1,400		53,987
FULLCAST Holdings Company, Ltd.		1,000		21,395
Funai Electric Company, Ltd. (A)(B)		700		4,736
Funai Soken Holdings, Inc.		1,800		43,400
Furukawa Company, Ltd.		1,900		23,987
Furuno Electric Company, Ltd.		2,400		22,388
Fuso Chemical Company, Ltd.		1,000		16,865
Fuso Pharmaceutical Industries, Ltd.		500		11,436
Futaba Corp.		3,000		45,609
Futaba Industrial Company, Ltd.		3,400		16,798
Fuyo General Lease Company, Ltd.		1,400		69,447
Gakken Holdings Company, Ltd.		400		18,600
Gecoss Corp.		400		3,746
Genki Sushi Company, Ltd.		500		23,348
Genky DrugStores Company, Ltd.		700		15,176
Geo Holdings Corp. (B)		2,700		37,545
Giken, Ltd.		1,200		36,753
GLOBERIDE, Inc.		1,000		23,790
Glory, Ltd.		2,500		60,101
GMO internet, Inc. (B)		3,100		50,719
Godo Steel, Ltd.		1,000		14,991
Goldcrest Company, Ltd.		990		13,384
Gree, Inc.		6,100		24,968
GS Yuasa Corp.		1,600		31,461
G-Tekt Corp.		1,200		16,627
Gun-Ei Chemical Industry Company, Ltd.		400		9,348
Gunosy, Inc. (A)		900		19,501
Gunze, Ltd.		1,300		52,655
Gurunavi, Inc.		1,400		8,803
H2O Retailing Corp.		3,400		47,463
Hagihara Industries, Inc. (B)		800		10,345
Hagiwara Electric Holdings Company, Ltd.		500		13,937
Hakuto Company, Ltd.		1,300		13,805
Halows Company, Ltd.		600		11,907
Hamakyorex Company, Ltd.		1,000		38,452
Hanwa Company, Ltd.		2,400		67,101
Happinet Corp.		1,000		12,930
Harima Chemicals Group, Inc.		2,000		18,637
Hazama Ando Corp.		10,090		67,651
Heiwa Real Estate Company, Ltd.		2,800		54,008
Heiwado Company, Ltd.		2,000		42,616
Hibiya Engineering, Ltd.		1,500		25,636
Hiday Hidaka Corp.		1,432		27,737
HI-LEX Corp.		600		11,254
Hinokiya Group Company, Ltd.		300		5,835
Hioki EE Corp.		500		21,466
Hiramatsu, Inc. (B)		300		925
Hirano Tecseed Company, Ltd. (B)		1,100		17,253
Hirata Corp. (B)		400		27,737
Hisaka Works, Ltd.		2,000		16,583
Hitachi Zosen Corp.		11,700		36,008
Hochiki Corp.		600		6,046
Hodogaya Chemical Company, Ltd.		700		20,445
Hogy Medical Company, Ltd.		1,500		52,958
Hokkaido Electric Power Company, Inc. (B)		11,100		63,895
Hokkaido Gas Company, Ltd.		600		7,803
Hokkan Holdings, Ltd.		1,000		17,376
Hokuetsu Corp.		7,900		46,243
Hokuetsu Industries Company, Ltd.		2,000		20,878
Hokuhoku Financial Group, Inc.		4,500		46,904
Hokuriku Electric Power Company		9,400		73,809

124

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

International Small Company Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
Japan (continued)
Hokuto Corp.		1,600	$	27,731
H-One Company, Ltd.		1,000		8,120
Honeys Holdings Company, Ltd.		1,350		13,455
Hoosiers Holdings (B)		5,000		29,192
Hosiden Corp.		4,400		37,020
Hosokawa Micron Corp.		600		26,880
Ibiden Company, Ltd.		4,600		70,101
IBJ Leasing Company, Ltd. (B)		1,900		44,921
Ichibanya Company, Ltd.		1,100		48,126
Ichigo, Inc.		12,000		41,161
Ichikoh Industries, Ltd.		2,300		12,425
Ichinen Holdings Company, Ltd.		1,900		19,810
Ichiyoshi Securities Company, Ltd.		2,800		19,665
Icom, Inc.		500		9,955
Idec Corp.		1,600		27,708
IDOM, Inc.		3,900		11,368
Iino Kaiun Kaisha, Ltd.		7,300		24,661
IJT Technology Holdings Company, Ltd.		1,200		6,307
Ikegami Tsushinki Company, Ltd.		400		4,103
Imasen Electric Industrial		1,700		15,401
Imuraya Group Company, Ltd.		300		6,593
Inaba Denki Sangyo Company, Ltd.		1,600		62,020
Inaba Seisakusho Company, Ltd.		200		2,533
Inabata & Company, Ltd.		3,000		40,870
Inageya Company, Ltd.		1,500		17,276
Ines Corp.		1,900		22,647
Infocom Corp.		1,000		16,683
Infomart Corp.		5,100		62,358
Information Services International-Dentsu, Ltd.		400		13,819
Intage Holdings, Inc.		3,100		24,101
Internet Initiative Japan, Inc.		1,300		26,368
Inui Global Logistics Company, Ltd. (B)		875		7,086
Iriso Electronics Company, Ltd.		1,000		45,908
Iseki & Company, Ltd.		1,200		17,702
Ishihara Sangyo Kaisha, Ltd.		2,100		21,484
Istyle, Inc. (B)		2,200		18,301
Itfor, Inc. (B)		1,000		8,657
Itochu Enex Company, Ltd.		3,800		30,683
Itochu-Shokuhin Company, Ltd.		600		25,669
Itoki Corp.		2,100		10,261
IwaiCosmo Holdings, Inc.		900		10,070
Iwatani Corp. (B)		1,500		48,190
J Trust Company, Ltd. (B)		4,900		16,756
JAC Recruitment Company, Ltd.		1,200		26,560
Jaccs Company, Ltd.		1,600		25,792
Jafco Company, Ltd.		1,400		50,262
Jalux, Inc.		500		11,411
Jamco Corp.		500		10,479
Janome Sewing Machine Company, Ltd.		1,200		5,157
Japan Asset Marketing Company, Ltd. (A)		14,200		13,988
Japan Aviation Electronics Industry, Ltd.		3,000		41,922
Japan Best Rescue System Company, Ltd.		1,800		24,722
Japan Cash Machine Company, Ltd.		700		7,495
Japan Display, Inc. (A)(B)		45,300		28,365
Japan Elevator Service Holdings Company, Ltd.		1,800		36,694
Japan Investment Adviser Company, Ltd. (B)		1,000		23,604
Japan Lifeline Company, Ltd.		2,600		43,122
Japan Material Company, Ltd.		3,700		45,555
Japan Meat Company, Ltd.		600		10,696

International Small Company Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
Japan (continued)
Japan Petroleum Exploration Company, Ltd.		2,000	$	43,078
Japan Property Management Center Company, Ltd.		800		5,738
Japan Pulp & Paper Company, Ltd.		600		22,524
Japan Securities Finance Company, Ltd.		8,000		42,280
Japan Transcity Corp.		5,000		20,147
Jastec Company, Ltd.		400		3,641
JBCC Holdings, Inc. (B)		1,900		25,819
JCR Pharmaceuticals Company, Ltd.		200		11,819
JCU Corp.		1,800		28,244
Jeol, Ltd.		2,000		36,096
Jimoto Holdings, Inc.		9,800		10,284
JINS, Inc.		800		43,304
JMS Company, Ltd.		500		3,028
J-Oil Mills, Inc.		600		22,342
Joshin Denki Company, Ltd.		1,100		25,415
JSP Corp.		800		17,678
Juki Corp.		1,400		13,974
Justsystems Corp.		1,500		38,244
JVC Kenwood Corp.		9,070		22,001
K&O Energy Group, Inc.		800		11,009
kabu.com Securities Company, Ltd.		11,400		57,314
Kadokawa Dwango Corp.		3,636		38,362
Kaga Electronics Company, Ltd.		1,100		20,244
Kakiyasu Honten Company, Ltd.		900		17,573
Kameda Seika Company, Ltd.		700		33,593
Kamei Corp.		2,000		21,337
Kanaden Corp.		1,100		11,720
Kanagawa Chuo Kotsu Company, Ltd. (B)		700		24,048
Kanamoto Company, Ltd.		1,900		47,141
Kanematsu Corp.		5,500		63,051
Kanematsu Electronics, Ltd.		700		21,199
Kanto Denka Kogyo Company, Ltd.		2,000		13,520
Kappa Create Company, Ltd. (A)(B)		1,000		13,052
Kasai Kogyo Company, Ltd.		1,000		7,405
Katakura Industries Company, Ltd.		1,700		19,406
Kato Sangyo Company, Ltd.		1,800		59,455
Kato Works Company, Ltd.		400		9,454
KAWADA TECHNOLOGIES, Inc.		200		14,248
Kawasaki Kisen Kaisha, Ltd. (A)(B)		3,500		37,735
Keihanshin Building Company, Ltd.		3,200		31,288
Keihin Corp.		3,300		54,168
Keiyo Company, Ltd.		3,400		15,215
Kenedix, Inc.		10,800		54,151
Kenko Mayonnaise Company, Ltd.		900		17,874
Key Coffee, Inc. (B)		1,600		30,032
KFC Holdings Japan, Ltd.		600		10,770
KH Neochem Company, Ltd.		1,700		41,145
Kimoto Company, Ltd.		3,000		4,641
Kintetsu World Express, Inc.		2,600		39,721
Kissei Pharmaceutical Company, Ltd.		2,000		52,495
Kitanotatsujin Corp. (B)		3,300		13,945
Kito Corp.		1,800		27,274
Kitz Corp.		4,600		33,792
KLab, Inc. (A)(B)		2,100		16,545
KNT-CT Holdings Company, Ltd. (A)		700		8,415
Koa Corp.		1,700		22,951
Koatsu Gas Kogyo Company, Ltd.		3,000		23,172
Kobe Electric Railway Company, Ltd. (A)(B)		300		10,694
Kohnan Shoji Company, Ltd.		1,800		44,698
Kohsoku Corp.		1,400		15,389
Kojima Company, Ltd. (A)		3,000		16,076

125

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

International Small Company Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
Japan (continued)
Kokuyo Company, Ltd.		3,600	$	52,889
Komatsu Matere Company, Ltd.		2,000		14,631
KOMEDA Holdings Company, Ltd.		1,700		32,330
Komeri Company, Ltd.		1,500		36,801
Komori Corp.		3,700		41,957
Kondotec, Inc.		1,300		11,822
Konishi Company, Ltd.		2,200		31,928
Konoike Transport Company, Ltd.		2,600		43,046
Koshidaka Holdings Company, Ltd.		2,000		30,103
Kotobuki Spirits Company, Ltd.		900		34,535
Kourakuen Holdings Corp. (B)		1,100		26,327
Krosaki Harima Corp.		400		20,101
Kumagai Gumi Company, Ltd.		1,800		56,387
Kumiai Chemical Industry Company, Ltd.		6,584		46,592
Kura Corp.		500		22,937
Kurabo Industries, Ltd.		1,600		29,428
Kureha Corp.		1,100		61,796
Kurimoto, Ltd.		1,000		13,179
KYB Corp. (A)		1,600		39,359
Kyodo Printing Company, Ltd.		500		11,093
Kyoei Steel, Ltd.		1,800		25,725
Kyokuto Kaihatsu Kogyo Company, Ltd.		2,300		30,826
Kyokuto Securities Company, Ltd.		2,300		21,394
Kyokuyo Company, Ltd.		700		17,958
KYORIN Holdings, Inc.		3,100		60,576
Kyoritsu Maintenance Company, Ltd.		960		47,733
Kyosan Electric Manufacturing Company, Ltd. (B)		2,000		6,577
Kyushu Financial Group, Inc.		3,700		15,050
LAC Company, Ltd.		1,400		19,269
Lacto Japan Company, Ltd.		400		32,453
Lasertec Corp.		1,800		75,578
LEC, Inc.		1,600		20,490
Leopalace21 Corp. (A)(B)		16,600		33,214
Life Corp.		1,200		25,794
LIFULL Company, Ltd.		3,800		19,981
Like Company, Ltd.		1,100		9,099
Linical Company, Ltd.		1,100		13,581
Link And Motivation, Inc.		2,300		16,711
Lintec Corp.		1,900		41,196
LIXIL VIVA Corp.		700		8,885
M&A Capital Partners Company, Ltd. (A)		300		13,709
Macnica Fuji Electronics Holdings, Inc.		3,250		44,480
Macromill, Inc.		2,300		27,787
Maeda Kosen Company, Ltd.		1,100		24,301
Maeda Road Construction Company, Ltd.		2,800		54,455
Maezawa Kasei Industries Company, Ltd.		1,100		10,209
Maezawa Kyuso Industries Company, Ltd. (B)		900		15,474
Makino Milling Machine Company, Ltd.		1,200		49,683
Mamezou Holdings Company, Ltd.		700		6,600
Mandom Corp.		1,000		25,761
Mani, Inc.		1,200		58,850
MarkLines Company, Ltd.		1,000		13,138
Mars Group Holdings Corp.		700		13,904
Marubun Corp.		200		1,153
Marudai Food Company, Ltd.		1,600		27,214
Maruha Nichiro Corp.		938		33,610
Marusan Securities Company, Ltd.		4,700		27,787
Maruwa Company, Ltd.		600		28,429
Maruwa Unyu Kikan Company, Ltd.		600		20,593
Maruzen Company, Ltd.		800		15,041

International Small Company Trust (continued)

	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
Japan (continued)
Maruzen Showa Unyu Company, Ltd.		800	$	21,713
Marvelous, Inc.		1,400		10,878
Matsuda Sangyo Company, Ltd.		1,400		17,635
Matsuya Company, Ltd.		2,700		24,532
Matsuyafoods Holdings Company, Ltd.		700		23,337
Max Company, Ltd.		2,000		29,469
Maxell Holdings, Ltd.		2,200		31,256
MCJ Company, Ltd.		3,200		23,458
MEC Company, Ltd.		1,500		13,821
Medical Data Vision Company, Ltd. (A)(B)		1,700		16,564
Megachips Corp.		2,000		30,790
Megmilk Snow Brand Company, Ltd.		1,800		43,902
Meidensha Corp.		1,800		24,754
Meiko Electronics Company, Ltd.		1,200		18,901
Meiko Network Japan Company, Ltd.		1,100		9,574
Meisei Industrial Company, Ltd.		3,000		20,290
Meitec Corp.		1,300		59,217
Meito Sangyo Company, Ltd. (B)		900		12,377
Menicon Company, Ltd.		800		23,138
METAWATER Company, Ltd.		800		22,567
Micronics Japan Company, Ltd. (B)		2,800		18,655
Mie Kotsu Group Holdings, Inc. (B)		3,700		18,805
Milbon Company, Ltd.		1,112		51,830
Mimasu Semiconductor Industry Company, Ltd.		1,400		18,694
Ministop Company, Ltd.		1,100		17,037
Miraca Holdings, Inc. (B)		3,000		74,577
Mirait Holdings Corp. (B)		4,240		62,020
Miroku Jyoho Service Company, Ltd. (B)		700		18,009
Misawa Homes Company, Ltd.		2,000		14,320
Mitani Corp.		500		25,517
Mitani Sekisan Company, Ltd.		600		16,406
Mito Securities Company, Ltd.		6,300		11,740
Mitsuba Corp.		2,300		12,965
Mitsubishi Logisnext Company, Ltd.		1,000		10,930
Mitsubishi Paper Mills, Ltd. (A)		2,600		13,093
Mitsubishi Pencil Company, Ltd.		600		11,651
Mitsubishi Research Institute, Inc.		500		15,138
Mitsubishi Shokuhin Company, Ltd.		200		5,235
Mitsubishi Steel Manufacturing Company, Ltd.		1,000		13,907
Mitsuboshi Belting, Ltd.		1,000		17,822
Mitsui E&S Holdings Company, Ltd. (A)		4,600		43,490
Mitsui High-Tec, Inc. (B)		2,200		20,165
Mitsui Matsushima Holdings Company, Ltd.		1,000		11,139
Mitsui Mining & Smelting Company, Ltd.		2,500		64,343
Mitsui Sugar Company, Ltd.		1,000		24,644
Mitsui-Soko Holdings Company, Ltd.		2,200		36,265
Mitsuuroko Group Holdings Company, Ltd.		3,200		24,494
Mixi, Inc.		1,800		41,649
Mizuno Corp.		1,400		32,493
Mochida Pharmaceutical Company, Ltd.		1,200		61,654
Modec, Inc.		1,300		37,052
Monex Group, Inc. (B)		10,400		36,066
Morinaga Milk Industry Company, Ltd.		2,400		81,595
Morita Holdings Corp.		2,200		36,234
MrMax Holdings, Ltd. (B)		1,700		6,794
Musashi Seimitsu Industry Company, Ltd.		2,600		35,312
N Field Company, Ltd.		1,300		8,880
Nachi-Fujikoshi Corp.		1,100		44,406

126

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

International Small Company Trust (continued)

	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
Japan (continued)
Nagaileben Company, Ltd.		600	$	13,036
Nagase & Company, Ltd.		3,400		48,952
Nagatanien Holdings Company, Ltd.		1,000		22,456
Nagawa Company, Ltd.		600		32,849
Nakamuraya Company, Ltd.		300		11,487
Nakanishi, Inc.		2,400		46,970
Nakayama Steel Works, Ltd.		1,100		5,023
Namura Shipbuilding Company, Ltd.		3,252		10,642
NEC Capital Solutions, Ltd. (B)		800		12,309
NEC Networks & System Integration Corp.		1,500		36,293
NET One Systems Company, Ltd.		3,400		85,980
Neturen Company, Ltd.		2,300		18,583
Nextage Company, Ltd. (B)		2,300		24,752
Nice Holdings, Inc.		600		4,832
Nichias Corp. (B)		3,500		69,502
Nichiban Company, Ltd. (B)		700		14,842
Nichicon Corp.		3,400		31,220
Nichiden Corp.		600		8,534
Nichiha Corp.		1,600		44,181
NichiiGakkan Company, Ltd.		2,700		31,842
Nichi-iko Pharmaceutical Company, Ltd.		3,100		41,180
Nichireki Company, Ltd.		2,000		19,813
Nichirin Company, Ltd.		1,040		16,704
Nihon Chouzai Company, Ltd.		400		13,556
Nihon Dempa Kogyo Company, Ltd. (A)(B)		1,800		6,453
Nihon Flush Company, Ltd.		500		9,410
Nihon House Holdings Company, Ltd. (B)		1,000		4,260
Nihon Kagaku Sangyo Company, Ltd. (B)		1,000		10,078
Nihon Nohyaku Company, Ltd.		4,000		16,152
Nihon Parkerizing Company, Ltd.		6,000		75,089
Nihon Tokushu Toryo Company, Ltd.		1,000		10,431
Nikkiso Company, Ltd.		3,900		45,684
Nikkon Holdings Company, Ltd.		3,800		90,075
Nippon Air Conditioning Services Company, Ltd.		1,600		9,855
Nippon Beet Sugar Manufacturing Company, Ltd.		900		15,570
Nippon Carbon Company, Ltd. (B)		1,000		44,587
Nippon Chemical Industrial Company, Ltd.		700		12,437
Nippon Chemi-Con Corp.		1,100		19,002
Nippon Coke & Engineering Company, Ltd.		18,000		16,274
Nippon Concrete Industries Company, Ltd.		2,600		6,379
Nippon Denko Company, Ltd. (B)		6,530		13,252
Nippon Densetsu Kogyo Company, Ltd.		2,100		43,820
Nippon Fine Chemical Company, Ltd.		800		8,717
Nippon Flour Mills Company, Ltd.		4,000		68,743
Nippon Gas Company, Ltd.		1,800		49,869
Nippon Hume Corp.		2,000		13,821
Nippon Kanzai Company, Ltd.		700		12,508
Nippon Kodoshi Corp.		800		10,900
Nippon Koei Company, Ltd.		1,000		21,208
Nippon Koshuha Steel Company, Ltd.		800		3,762
Nippon Light Metal Holdings Company, Ltd.		38,100		83,837
Nippon Parking Development Company, Ltd.		8,400		13,062
Nippon Pillar Packing Company, Ltd.		1,500		17,354
Nippon Seiki Company, Ltd.		3,000		48,530

International Small Company Trust (continued)

	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
Japan (continued)
Nippon Sharyo, Ltd. (A)(B)		600	$	13,897
Nippon Sheet Glass Company, Ltd. (B)		5,800		46,895
Nippon Signal Company, Ltd.		3,000		26,907
Nippon Soda Company, Ltd.		1,600		42,351
Nippon Steel & Sumikin Bussan Corp.		972		39,598
Nippon Suisan Kaisha, Ltd.		10,600		81,041
Nippon Thompson Company, Ltd.		4,700		21,706
Nippon Yakin Kogyo Company, Ltd. (B)		10,000		22,794
Nishikawa Rubber Company, Ltd.		800		13,088
Nishimatsu Construction Company, Ltd.		3,200		71,095
Nishimatsuya Chain Company, Ltd.		2,900		24,371
Nishi-Nippon Financial Holdings, Inc.		7,000		59,498
Nishi-Nippon Railroad Company, Ltd.		1,900		46,009
Nishio Rent All Company, Ltd.		800		23,092
Nissan Shatai Company, Ltd.		3,400		29,508
Nissei ASB Machine Company, Ltd. (B)		500		17,143
Nissei Plastic Industrial Company, Ltd.		1,600		13,110
Nissha Company, Ltd.		2,300		24,385
Nisshinbo Holdings, Inc.		8,368		73,240
Nissin Corp.		1,400		23,464
Nissin Electric Company, Ltd.		3,400		31,235
Nissin Kogyo Company, Ltd.		2,100		26,371
Nissin Sugar Company, Ltd.		1,100		20,101
Nitta Corp.		1,300		42,377
Nittan Valve Company, Ltd.		1,200		3,731
Nittetsu Mining Company, Ltd.		300		12,419
Nitto Boseki Company, Ltd.		1,100		19,713
Nitto Kogyo Corp.		1,600		32,088
Nitto Kohki Company, Ltd.		1,000		19,763
Nitto Seiko Company, Ltd.		1,700		9,093
Nittoku Engineering Company, Ltd.		200		5,085
Noevir Holdings Company, Ltd.		700		34,037
Nohmi Bosai, Ltd.		1,300		21,285
Nojima Corp.		1,600		29,097
Nomura Company, Ltd.		2,400		67,797
Noritake Company, Ltd.		700		33,624
Noritsu Koki Company, Ltd.		1,000		22,335
Noritz Corp.		2,100		32,827
North Pacific Bank, Ltd.		20,300		50,862
NS Tool Company, Ltd.		400		9,193
NS United Kaiun Kaisha, Ltd.		800		17,165
NSD Company, Ltd.		2,400		55,919
NTN Corp. (B)		11,200		33,295
NuFlare Technology, Inc.		400		22,236
Obara Group, Inc.		600		19,924
Oenon Holdings, Inc.		6,000		22,233
Ohsho Food Service Corp.		700		44,374
Oiles Corp.		1,380		22,067
Oisix ra daichi, Inc. (A)		1,200		18,284
Okabe Company, Ltd.		2,600		22,507
Okamoto Industries, Inc.		600		30,332
Okamura Corp.		3,700		38,855
Okasan Securities Group, Inc.		7,000		26,054
Oki Electric Industry Company, Ltd.		4,700		55,648
Okinawa Cellular Telephone Company		400		12,722
OKUMA Corp. (B)		700		38,031
Okumura Corp.		1,600		50,883
Okura Industrial Company, Ltd.		800		12,886
Okuwa Company, Ltd.		1,000		10,045
Onoken Company, Ltd.		1,500		21,059
Onward Holdings Company, Ltd. (B)		7,100		37,590
Open Door, Inc. (A)		600		18,279
Optex Group Company, Ltd.		1,400		22,375
Organo Corp.		600		17,012
Origin Electric Company, Ltd.		600		10,774

127

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

International Small Company Trust (continued)

	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
Japan (continued)
Osaka Organic Chemical Industry, Ltd.		1,400	$	13,787
Osaka Soda Company, Ltd.		800		19,650
Osaka Steel Company, Ltd.		700		11,871
OSAKA Titanium Technologies Company, Ltd. (B)		800		12,224
Osaki Electric Company, Ltd.		3,000		18,713
OSG Corp.		2,600		50,288
OSJB Holdings Corp.		7,600		19,040
Outsourcing, Inc. (B)		6,200		76,977
Oyo Corp.		1,300		13,151
Pacific Industrial Company, Ltd.		3,000		42,311
Pacific Metals Company, Ltd.		1,100		26,853
PAL GROUP Holdings Company, Ltd.		700		19,026
Paramount Bed Holdings Company, Ltd.		800		35,553
Parco Company, Ltd.		800		7,311
Paris Miki Holdings, Inc.		1,100		3,919
Pasona Group, Inc.		1,500		22,737
PC Depot Corp.		1,700		6,815
Penta-Ocean Construction Company, Ltd.		11,200		52,013
Pepper Food Service Company, Ltd.		600		12,475
PIA Corp.		200		8,307
Piolax, Inc.		2,100		40,492
Plenus Company, Ltd. (B)		1,300		20,753
Poletowin Pitcrew Holdings, Inc.		2,000		20,080
Press Kogyo Company, Ltd.		7,000		37,221
Pressance Corp.		1,800		22,434
Prestige International, Inc.		2,500		31,484
Prima Meat Packers, Ltd.		2,000		37,165
Pronexus, Inc.		600		6,650
Prospect Company, Ltd. (A)(B)		33,000		5,365
Proto Corp.		200		3,617
PS Mitsubishi Construction Company, Ltd.		2,600		15,569
Punch Industry Company, Ltd.		1,300		6,692
Qol Holdings Company, Ltd.		1,400		19,120
Raito Kogyo Company, Ltd.		3,100		41,882
Raysum Company, Ltd.		1,600		14,771
Relia, Inc.		4,000		34,903
Remixpoint, Inc. (A)(B)		3,700		10,173
Renaissance, Inc.		500		8,851
RENOVA, Inc. (A)(B)		2,600		23,148
Resorttrust, Inc. (B)		3,700		50,240
Retail Partners Company, Ltd.		300		3,160
Rheon Automatic Machinery Company, Ltd.		1,500		21,511
Ricoh Leasing Company, Ltd.		800		24,161
Riken Corp.		600		27,311
Riken Keiki Company, Ltd.		1,300		25,091
Riken Technos Corp.		3,000		12,307
Riken Vitamin Company, Ltd.		700		22,216
Ringer Hut Company, Ltd. (B)		1,700		36,314
Riso Kagaku Corp.		1,500		23,763
Riso Kyoiku Company, Ltd.		9,300		42,912
Rock Field Company, Ltd.		1,000		14,782
Rokko Butter Company, Ltd. (B)		600		11,584
Roland DG Corp.		900		18,962
Rorze Corp.		900		13,547
Round One Corp.		3,800		48,207
Royal Holdings Company, Ltd.		900		22,531
RS Technologies Company, Ltd.		400		10,246
Ryobi, Ltd.		1,400		31,495
Ryoden Corp.		1,500		19,905
Ryosan Company, Ltd.		1,500		40,295
Ryoyo Electro Corp.		1,600		23,407
S Foods, Inc.		500		18,344

International Small Company Trust (continued)

	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
Japan (continued)
S&B Foods, Inc.		600	$	22,566
Sac’s Bar Holdings, Inc.		600		6,227
Saibu Gas Company, Ltd.		1,900		41,045
Saizeriya Company, Ltd.		2,100		40,498
Sakai Chemical Industry Company, Ltd.		1,400		30,827
Sakai Moving Service Company, Ltd.		500		31,742
Sakata INX Corp.		3,100		28,652
Sala Corp.		3,000		16,709
SAMTY Company, Ltd.		1,600		21,709
San ju San Financial Group, Inc.		1,700		23,713
San-A Company, Ltd.		900		36,042
San-Ai Oil Company, Ltd.		3,500		28,740
Sanden Holdings Corp. (A)(B)		1,400		9,568
Sangetsu Corp.		3,300		59,975
Sanken Electric Company, Ltd.		1,400		26,074
Sanki Engineering Company, Ltd.		4,000		43,808
Sankyo Seiko Company, Ltd.		3,200		13,708
Sankyo Tateyama, Inc.		2,500		33,668
Sanoh Industrial Company, Ltd.		2,600		11,893
Sanshin Electronics Company, Ltd.		1,700		29,138
Sanyo Chemical Industries, Ltd.		900		41,732
Sanyo Denki Company, Ltd.		400		14,420
Sanyo Electric Railway Company, Ltd. (B)		1,600		31,864
Sanyo Shokai, Ltd.		700		10,938
Sanyo Special Steel Company, Ltd.		1,400		28,754
Sanyo Trading Company, Ltd.		1,000		16,909
Sapporo Holdings, Ltd.		2,700		59,073
Sato Holdings Corp.		1,700		39,952
Sawada Holdings Company, Ltd.		1,000		9,662
SBS Holdings, Inc.		2,200		37,059
Seika Corp.		500		6,134
Seikagaku Corp.		1,700		18,467
Seikitokyu Kogyo Company, Ltd.		1,600		8,524
Seiko Holdings Corp.		1,400		33,401
Seiren Company, Ltd.		2,700		39,958
Sekisui Jushi Corp.		2,200		38,804
Sekisui Plastics Company, Ltd.		2,500		20,104
Senko Group Holdings Company, Ltd.		7,400		61,536
Senshu Electric Company, Ltd.		500		12,272
Senshu Ikeda Holdings, Inc.		17,200		44,179
Senshukai Company, Ltd. (A)		3,300		7,114
SFP Holdings Company, Ltd.		600		10,311
Shibaura Electronics Company, Ltd.		500		17,091
Shibuya Corp.		800		23,689
SHIFT, Inc. (A)		700		28,144
Shikibo, Ltd.		1,100		10,123
Shikoku Chemicals Corp.		3,000		32,845
Shima Seiki Manufacturing, Ltd.		1,200		37,016
Shimachu Company, Ltd.		3,300		86,062
Shin Nippon Air Technologies Company, Ltd. (B)		1,200		21,007
Shinagawa Refractories Company, Ltd.		600		17,053
Shindengen Electric Manufacturing Company, Ltd.		500		18,498
Shin-Etsu Polymer Company, Ltd.		3,000		22,221
Shinkawa, Ltd. (A)(B)		1,500		5,654
Shinko Electric Industries Company, Ltd.		5,100		39,195
Shinko Plantech Company, Ltd.		3,300		35,241
Shinko Shoji Company, Ltd.		1,600		27,189
Shinmaywa Industries, Ltd.		6,000		74,724
Shinnihon Corp.		2,500		22,199
Shinoken Group Company, Ltd. (B)		2,000		13,535
Shinwa Company, Ltd.		700		13,777
Ship Healthcare Holdings, Inc.		1,400		57,588

128

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

International Small Company Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
Japan (continued)
Shizuoka Gas Company, Ltd.		4,500	$	34,247
Shoei Company, Ltd.		600		25,653
Shoei Foods Corp.		700		19,934
Showa Corp.		3,500		44,763
Showa Sangyo Company, Ltd. (B)		1,400		37,892
SIGMAXYZ, Inc. (B)		900		8,483
Siix Corp. (B)		1,600		24,297
Sinfonia Technology Company, Ltd.		1,600		19,612
Sinko Industries, Ltd.		1,500		20,333
Sintokogio, Ltd.		3,400		29,373
SKY Perfect JSAT Holdings, Inc.		10,300		42,882
SMK Corp.		300		7,109
SMS Company, Ltd.		3,200		57,984
Sodick Company, Ltd.		2,400		20,110
Softbank Technology Corp.		1,000		21,623
Software Service, Inc.		300		27,505
Sogo Medical Holdings Company, Ltd.		1,200		18,384
Soken Chemical & Engineering Company, Ltd.		800		11,695
Solasto Corp.		1,500		16,954
Sourcenext Corp. (B)		6,400		26,244
Space Value Holdings Company, Ltd.		2,000		9,258
Sparx Group Company, Ltd.		7,400		15,715
SRA Holdings		600		13,383
SRS Holdings Company, Ltd.		1,800		16,097
St. Marc Holdings Company, Ltd.		800		18,001
Star Mica Company, Ltd. (B)		1,100		14,083
Star Micronics Company, Ltd. (B)		2,300		35,101
Starts Corp., Inc.		1,900		40,625
Starzen Company, Ltd.		300		10,268
Stella Chemifa Corp.		800		22,039
Strike Company, Ltd.		700		14,465
Studio Alice Company, Ltd.		900		18,554
Sumida Corp.		1,600		22,664
Suminoe Textile Company, Ltd.		500		13,002
Sumitomo Bakelite Company, Ltd.		1,100		39,498
Sumitomo Densetsu Company, Ltd.		1,300		22,088
Sumitomo Mitsui Construction Company, Ltd.		6,000		41,859
Sumitomo Osaka Cement Company, Ltd. (B)		2,200		86,727
Sumitomo Riko Company, Ltd.		2,400		20,185
Sumitomo Seika Chemicals Company, Ltd.		500		18,428
Sun Frontier Fudousan Company, Ltd.		2,200		23,596
Sushiro Global Holdings, Ltd.		800		55,137
SWCC Showa Holdings Company, Ltd.		2,400		15,307
Systena Corp.		3,000		32,713
Syuppin Company, Ltd. (B)		1,200		8,897
T Hasegawa Company, Ltd.		1,600		25,842
T RAD Company, Ltd.		500		9,593
T&K Toka Company, Ltd.		1,600		13,429
Tachibana Eletech Company, Ltd.		1,360		20,457
Tachi-S Company, Ltd. (B)		2,400		34,416
Tadano, Ltd.		6,000		57,237
Taihei Dengyo Kaisha, Ltd.		1,500		31,881
Taiho Kogyo Company, Ltd.		1,200		9,832
Taikisha, Ltd.		1,600		48,715
Taisei Lamick Company, Ltd.		500		12,475
Taiyo Holdings Company, Ltd.		1,000		33,015
Takamatsu Construction Group Company, Ltd.		1,000		21,614
Takaoka Toko Company, Ltd.		700		8,342
Takara Leben Company, Ltd. (B)		6,300		19,602
Takara Standard Company, Ltd.		2,800		42,943

International Small Company Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
Japan (continued)
Takasago International Corp.		1,200	$	36,330
Takasago Thermal Engineering Company, Ltd.		3,100		50,015
Take And Give Needs Company, Ltd.		200		2,565
Takeei Corp.		700		4,643
Takeuchi Manufacturing Company, Ltd.		2,200		38,896
Takihyo Company, Ltd.		600		9,501
Takuma Company, Ltd.		1,300		15,551
Tamron Company, Ltd.		1,500		27,408
Tamura Corp.		7,000		38,799
Tanseisha Company, Ltd.		3,000		35,576
Tateru, Inc. (B)		1,500		3,630
Tatsuta Electric Wire & Cable Company, Ltd.		4,200		17,355
Tayca Corp. (B)		1,500		34,610
TechMatrix Corp.		1,400		23,474
Teikoku Electric Manufacturing Company, Ltd.		1,700		17,293
Teikoku Sen-I Company, Ltd.		1,200		29,687
Tekken Corp.		800		19,726
Tenma Corp.		1,000		18,695
T-Gaia Corp.		900		14,946
The 77 Bank, Ltd.		4,400		61,508
The Aichi Bank, Ltd.		600		18,648
The Akita Bank, Ltd.		1,100		22,338
The Aomori Bank, Ltd.		1,700		45,110
The Awa Bank, Ltd.		2,200		55,978
The Bank of Iwate, Ltd.		1,100		32,512
The Bank of Nagoya, Ltd. (B)		1,100		35,539
The Bank of Okinawa, Ltd.		1,640		51,125
The Bank of Saga, Ltd.		1,000		17,236
The Chiba Kogyo Bank, Ltd.		3,200		8,656
The Chugoku Bank, Ltd.		1,500		14,068
The Chukyo Bank, Ltd.		900		18,462
The Ehime Bank, Ltd.		2,100		21,618
The First Bank of Toyama, Ltd. (B)		2,800		9,343
The Fukui Bank, Ltd.		1,800		27,616
The Fukushima Bank, Ltd. (A)		2,100		7,186
The Hiroshima Bank, Ltd.		4,800		24,467
The Hokkoku Bank, Ltd.		1,500		47,096
The Hyakugo Bank, Ltd.		16,000		50,949
The Hyakujushi Bank, Ltd.		1,700		35,233
The Iyo Bank, Ltd.		4,800		25,410
The Japan Steel Works, Ltd.		2,600		48,095
The Japan Wool Textile Company, Ltd.		4,000		34,113
The Juroku Bank, Ltd.		1,700		34,550
The Keiyo Bank, Ltd.		8,000		46,758
The Kinki Sharyo Company, Ltd. (A)(B)		300		5,512
The Kita-Nippon Bank, Ltd.		700		12,421
The Kiyo Bank, Ltd.		3,800		53,023
The Michinoku Bank, Ltd.		1,400		20,352
The Miyazaki Bank, Ltd.		1,000		25,063
The Monogatari Corp.		400		32,617
The Musashino Bank, Ltd.		1,700		33,983
The Nagano Bank, Ltd. (B)		800		12,164
The Nanto Bank, Ltd.		2,000		37,499
The Nippon Road Company, Ltd.		500		29,432
The Nisshin Oillio Group, Ltd.		2,000		59,175
The Ogaki Kyoritsu Bank, Ltd.		2,600		54,111
The Oita Bank, Ltd.		900		28,159
The Okinawa Electric Power Company, Inc.		3,196		54,427
The Pack Corp.		800		24,591
The San-In Godo Bank, Ltd.		8,000		57,447

129

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

International Small Company Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
Japan (continued)
The Shibusawa Warehouse
Company, Ltd.		1,000	$	15,201
The Shiga Bank, Ltd. (B)		3,200		76,336
The Shikoku Bank, Ltd.		2,800		26,360
The Shimizu Bank, Ltd.		500		8,222
The Sumitomo Warehouse Company, Ltd.		5,024		63,477
The Tochigi Bank, Ltd.		8,000		16,995
The Toho Bank, Ltd.		12,000		32,135
The Tohoku Bank, Ltd.		400		3,799
The Tottori Bank, Ltd.		400		5,118
The Towa Bank, Ltd.		2,900		18,690
The Yamagata Bank, Ltd.		2,000		35,612
The Yamanashi Chuo Bank, Ltd.		2,000		24,822
Tigers Polymer Corp.		1,000		5,361
TKC Corp.		1,100		40,271
Toa Corp. (Hyogo)		1,400		14,153
Toa Corp. (Tokyo)		1,200		17,303
Toagosei Company, Ltd.		6,900		73,096
Tobishima Corp.		720		8,769
TOC Company, Ltd.		3,400		23,536
Tocalo Company, Ltd.		3,200		25,308
Toda Kogyo Corp.		300		6,029
Toei Animation Company, Ltd.		900		44,414
Toei Company, Ltd.		400		53,308
Toenec Corp.		600		16,486
Toho Company, Ltd.		600		11,999
Toho Holdings Company, Ltd.		2,400		59,991
Toho Titanium Company, Ltd.		3,000		25,828
Toho Zinc Company, Ltd.		800		22,676
Tokai Corp.		1,200		29,283
TOKAI Holdings Corp.		4,000		33,262
Tokai Rika Company, Ltd.		1,400		23,914
Tokai Tokyo Financial Holdings, Inc.		11,500		41,733
Token Corp.		610		39,615
Tokushu Tokai Paper Company, Ltd. (B)		600		21,976
Tokuyama Corp.		2,100		49,707
Tokyo Base Company, Ltd. (A)(B)		900		7,893
Tokyo Dome Corp.		5,500		52,533
Tokyo Energy & Systems, Inc.		2,000		17,822
Tokyo Keiki, Inc.		1,000		9,956
Tokyo Kiraboshi Financial Group, Inc. (B)		1,936		27,434
Tokyo Ohka Kogyo Company, Ltd.		2,600		71,194
Tokyo Rakutenchi Company, Ltd.		200		8,930
Tokyo Rope Manufacturing Company, Ltd. (B)		700		6,190
Tokyo Seimitsu Company, Ltd.		2,600		66,377
Tokyo Steel Manufacturing Company, Ltd.		5,100		44,379
Tokyo Tekko Company, Ltd.		800		9,010
Tokyo Theatres Company, Inc. (B)		900		10,664
Tokyotokeiba Company, Ltd. (B)		1,100		33,348
Tokyu Construction Company, Ltd.		3,900		29,290
Tomato Bank, Ltd.		1,100		10,533
Tomen Devices Corp.		200		4,367
Tomoe Corp.		2,200		6,872
Tomoe Engineering Company, Ltd.		800		17,684
Tomoku Company, Ltd.		500		7,443
TOMONY Holdings, Inc.		10,600		40,354
Tomy Company, Ltd.		4,500		46,541
Tonami Holdings Company, Ltd.		500		28,509
Topcon Corp.		4,700		55,662
Toppan Forms Company, Ltd.		3,400		29,077
Topre Corp.		2,300		43,074

International Small Company Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
Japan (continued)
Topy Industries, Ltd.		1,300	$	26,059
Toridoll Holdings Corp. (B)		1,400		28,301
Torii Pharmaceutical Company, Ltd.		1,100		22,135
Torikizoku Company, Ltd. (B)		500		7,822
Torishima Pump Manufacturing Company, Ltd.		900		7,854
Tosei Corp.		3,700		33,530
Toshiba Machine Company, Ltd.		1,600		32,298
Toshiba Plant Systems & Services Corp.		1,500		26,640
Toshiba TEC Corp.		1,000		27,816
Tosho Company, Ltd.		800		22,231
Tosho Printing Company, Ltd.		1,500		13,893
Totetsu Kogyo Company, Ltd.		1,800		49,666
Towa Corp.		1,300		7,967
Towa Pharmaceutical Company, Ltd.		1,500		39,558
Toyo Construction Company, Ltd.		3,100		11,982
Toyo Corp.		2,400		18,988
Toyo Denki Seizo KK (B)		600		6,586
Toyo Engineering Corp. (A)		2,200		12,146
Toyo Ink SC Holdings Company, Ltd.		2,200		49,499
Toyo Kanetsu KK		400		7,259
Toyo Securities Company, Ltd.		6,000		7,713
Toyo Tanso Company, Ltd. (B)		1,000		18,649
Toyo Tire Corp.		3,800		43,197
Toyo Wharf & Warehouse Company, Ltd.		600		8,078
Toyobo Company, Ltd.		4,993		63,925
TPR Company, Ltd.		1,400		26,719
Trancom Company, Ltd.		600		35,335
Tri Chemical Laboratories, Inc. (B)		600		28,641
Trusco Nakayama Corp.		1,600		44,375
Trust Tech, Inc.		400		13,283
TSI Holdings Company, Ltd.		5,270		30,239
Tsubaki Nakashima Company, Ltd.		2,300		41,411
Tsubakimoto Chain Company		1,600		57,263
Tsugami Corp. (B)		3,000		23,210
Tsukishima Kikai Company, Ltd.		2,000		24,977
Tsukuba Bank, Ltd.		5,700		9,959
Tsukui Corp.		4,800		30,248
Tsurumi Manufacturing Company, Ltd.		1,000		17,939
Tsutsumi Jewelry Company, Ltd.		700		11,896
TV Asahi Holdings Corp.		700		12,315
Tv Tokyo Holdings Corp.		1,100		23,159
UACJ Corp.		1,903		35,746
Uchida Yoko Company, Ltd.		800		23,548
UKC Holdings Corp.		1,600		29,663
Ulvac, Inc.		1,900		55,222
Uniden Holdings Corp.		400		8,062
Union Tool Company		700		18,521
Unipres Corp.		2,600		40,722
United Arrows, Ltd.		1,200		41,802
United Super Markets Holdings, Inc.		4,200		41,593
UNITED, Inc.		1,300		17,879
Unitika, Ltd. (A)		5,900		22,715
Unizo Holdings Company, Ltd. (B)		1,900		36,290
U-Shin, Ltd. (A)		2,300		20,435
Ushio, Inc.		5,200		60,825
UT Group Company, Ltd. (B)		1,500		34,555
V Technology Company, Ltd.		200		25,450
Valor Holdings Company, Ltd.		2,600		63,087
Valqua, Ltd.		1,000		20,050
ValueCommerce Company, Ltd. (B)		1,600		29,953
Vector, Inc.		3,100		39,283
Vision, Inc. (A)		500		23,297
Vital KSK Holdings, Inc. (B)		3,500		34,588

130

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

International Small Company Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
Japan (continued)
VT Holdings Company, Ltd.		6,600	$	24,900
Wacoal Holdings Corp.		2,800		69,711
Wacom Company, Ltd.		4,600		19,432
Wakachiku Construction Company, Ltd.		900		12,100
Wakita & Company, Ltd.		4,000		40,010
Warabeya Nichiyo Holdings Company, Ltd.		900		14,814
Watahan & Company, Ltd. (B)		300		5,827
WATAMI Company, Ltd.		1,200		17,493
WDB Holdings Company, Ltd.		700		19,592
Weathernews, Inc.		500		14,573
West Holdings Corp.		1,300		13,032
WIN-Partners Company, Ltd.		1,000		11,390
World Holdings Company, Ltd.		600		10,269
Xebio Holdings Company, Ltd.		2,800		30,881
Yahagi Construction Company, Ltd.		2,000		13,895
Yaizu Suisankagaku Industry Company, Ltd.		1,100		11,071
Yakuodo Company, Ltd. (B)		700		16,818
YAMABIKO Corp.		2,400		23,109
Yamaichi Electronics Company, Ltd. (B)		1,700		16,802
YA-MAN, Ltd. (B)		1,700		17,590
Yamato Kogyo Company, Ltd.		2,300		62,903
Yamazen Corp.		3,900		41,225
Yasuda Logistics Corp.		1,400		11,663
Yellow Hat, Ltd.		2,000		26,349
Yodogawa Steel Works, Ltd.		1,200		22,333
Yokogawa Bridge Holdings Corp.		2,100		36,193
Yokohama Reito Company, Ltd.		2,900		23,451
Yokowo Company, Ltd. (B)		1,200		17,576
Yomeishu Seizo Company, Ltd. (B)		500		9,623
Yomiuri Land Company, Ltd.		200		7,815
Yondenko Corp.		600		14,740
Yondoshi Holdings, Inc.		1,300		24,504
Yorozu Corp.		1,800		23,564
Yuasa Trading Company, Ltd.		1,100		31,075
Yume No Machi Souzou Iinkai Company, Ltd. (B)		1,700		24,498
Yumeshin Holdings Company, Ltd.		2,200		15,401
Yurtec Corp.		2,000		14,661
Yushiro Chemical Industry Company, Ltd.		1,100		12,733
Zenrin Company, Ltd. (B)		1,950		43,260
ZIGExN Company, Ltd.		3,400		18,044
Zojirushi Corp.		2,000		20,823
Zuken, Inc.		800		10,848
				27,198,463
Jersey, Channel Islands – 0.1%
Atrium European Real Estate, Ltd. (A)		9,345		34,932
Centamin PLC		71,818		83,272
				118,204
Jordan – 0.1%
Hikma Pharmaceuticals PLC		2,544		59,414
Liechtenstein – 0.1%
Liechtensteinische Landesbank AG		850		59,503
VP Bank AG		273		37,674
				97,177
Luxembourg – 0.3%
APERAM SA		3,400		97,034
Corestate Capital Holding SA		75		2,966
Grand City Properties SA		6,088		147,026
IVS Group SA		880		10,592
L’Occitane International SA		17,000		31,521
Stabilus SA		1,784		86,317

International Small Company Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
Luxembourg (continued)
Sword Group		496	$	17,557
				393,013
Macau – 0.0%
Macau Legend Development, Ltd. (B)		129,000		21,855
Malaysia – 0.0%
Lynas Corp., Ltd. (A)		32,921		48,914
Malta – 0.0%
Kindred Group PLC		5,573		55,906
Monaco – 0.1%
Endeavour Mining Corp. (A)		3,183		47,780
Societe des Bains de Mer et du Cercle des Etrangers a Monaco (A)		273		14,432
				62,212
Mongolia – 0.0%
Mongolian Mining Corp. (A)(B)		346,000		6,262
Netherlands – 2.8%
Aalberts Industries NV		6,065		209,953
Accell Group NV		1,846		51,259
ALTICE EUROPE NV (A)(B)		11,978		31,473
AMG Advanced Metallurgical Group NV (B)		2,022		63,043
Amsterdam Commodities NV (B)		1,174		25,791
Arcadis NV (B)		6,868		106,964
Argenx SE (A)		1,179		146,565
ASM International NV		3,323		180,574
ASR Nederland NV		539		22,458
Basic-Fit NV (A)(D)		1,258		42,377
BE Semiconductor Industries NV (B)		5,106		136,315
Beter Bed Holding NV		1,056		5,198
BinckBank NV		4,478		31,641
Boskalis Westminster		6,329		163,842
Brack Capital Properties NV (A)		230		24,838
Brunel International NV		1,126		17,082
Corbion NV		4,115		123,799
Euronext NV (D)		3,215		203,972
Flow Traders (D)		2,396		66,065
ForFarmers NV		2,398		19,729
Fugro NV (A)(B)		6,541		66,621
Gemalto NV (A)		3,520		201,294
GrandVision NV (D)		1,465		31,740
Heijmans NV (A)		2,023		20,240
Hunter Douglas NV		312		20,945
IMCD NV		2,409		183,799
Innoconcepts NV (A)(C)		10,527		0
Intertrust NV (D)		4,226		79,722
KAS Bank NV		330		4,543
Kendrion NV		1,052		23,239
Koninklijke BAM Groep NV		21,587		93,241
Koninklijke Vopak NV		2,508		120,127
Nederland Apparatenfabriek		225		12,208
Nostrum Oil & Gas PLC (A)		1,610		1,941
OCI NV (A)		3,590		98,897
Ordina NV		5,537		11,688
PostNL NV		31,208		79,798
SBM Offshore NV		12,039		229,335
Shop Apotheke Europe NV (A)(D)		216		8,894
SIF Holding NV (B)		504		5,673
Signify NV (D)		4,317		115,581
Sligro Food Group NV		1,765		63,295
Takeaway.com NV (A)(D)		999		75,975
TKH Group NV		2,191		103,384
TomTom NV (A)		9,381		79,011
Van Lanschot Kempen NV		1,125		25,553

131

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

International Small Company Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
Netherlands (continued)
Wessanen		4,763	$	58,091
				3,487,773
New Zealand – 0.7%
Air New Zealand, Ltd.		18,857		32,579
Chorus, Ltd.		21,283		85,548
EBOS Group, Ltd.		3,359		50,331
Freightways, Ltd.		5,368		30,213
Genesis Energy, Ltd.		22,721		49,846
Gentrack Group, Ltd.		3,060		10,211
Heartland Group Holdings, Ltd.		15,680		16,047
Infratil, Ltd.		26,911		76,442
Kathmandu Holdings, Ltd.		4,554		6,957
Mainfreight, Ltd.		3,278		80,075
Metlifecare, Ltd.		10,897		37,050
NZME, Ltd.		13,259		5,221
PGG Wrightson, Ltd.		8,197		2,733
Pike River Coal, Ltd. (A)(C)		21,968		0
Port of Tauranga, Ltd.		4,837		17,887
Restaurant Brands New Zealand, Ltd.		4,775		28,462
Scales Corp., Ltd.		5,176		17,406
SKY Network Television, Ltd.		18,776		16,509
SKYCITY Entertainment Group, Ltd.		28,677		75,588
Summerset Group Holdings, Ltd.		13,043		58,638
Synlait Milk, Ltd. (A)		4,590		33,169
The New Zealand Refining Company, Ltd.		11,354		16,266
The Warehouse Group, Ltd.		9,894		14,689
Tourism Holdings, Ltd.		6,274		20,263
TOWER, Ltd. (A)		12,717		6,061
Trade Me Group, Ltd.		14,357		62,770
Vista Group International, Ltd.		5,589		18,581
Z Energy, Ltd.		10,957		46,744
				916,286
Norway – 0.9%
ABG Sundal Collier Holding ASA		13,972		6,644
AF Gruppen ASA		989		17,604
Akastor ASA (A)		6,104		9,293
Aker Solutions ASA (A)		8,985		45,433
American Shipping Company ASA (A)		1,661		6,165
Atea ASA (A)		4,256		61,784
Axactor SE (A)(B)		11,423		24,377
B2Holding ASA (B)		4,699		6,594
Bonheur ASA		1,672		24,765
Borregaard ASA		6,691		66,331
BW Offshore, Ltd. (A)		8,308		43,219
DNO ASA		36,835		81,908
Europris ASA (D)		10,396		33,232
Frontline, Ltd. (A)		5,015		32,059
Grieg Seafood ASA		2,264		27,484
Hexagon Composites ASA		9,323		35,575
Hoegh LNG Holdings, Ltd.		2,568		10,800
IDEX ASA (A)(B)		19,564		8,252
Kvaerner ASA		11,623		17,041
Magnora ASA		2,068		1,827
NEL ASA (A)(B)		31,429		21,226
Nordic Nanovector ASA (A)(B)		2,098		10,842
Nordic Semiconductor ASA (A)(B)		7,334		30,737
Norwegian Air Shuttle ASA (A)		6,144		31,384
Norwegian Finans Holding ASA (A)		3,192		24,817
Norwegian Property ASA		7,609		9,582
Ocean Yield ASA (B)		4,830		35,786
Odfjell Drilling, Ltd. (A)		4,970		15,576
Olav Thon Eiendomsselskap ASA		577		10,146
Otello Corp. ASA (A)		6,623		11,522
Petroleum Geo-Services ASA (A)		19,660		45,495

International Small Company Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
Norway (continued)
Prosafe SE (A)		336	$	645
Protector Forsikring ASA (A)(B)		4,177		25,252
Sbanken ASA (D)		5,201		47,216
Scatec Solar ASA (D)		7,367		75,868
Solstad Offshore ASA (A)(B)		2,340		430
Spectrum ASA		1,462		9,330
Treasure ASA		3,110		4,311
Veidekke ASA		6,725		70,585
Wilh Wilhelmsen Holding ASA, Class A		862		15,101
XXL ASA (B)(D)		3,048		10,073
				1,066,311
Peru – 0.0%
Hochschild Mining PLC		16,530		44,454
Portugal – 0.5%
Altri SGPS SA		5,775		45,264
Banco Comercial Portugues SA (A)		763,825		197,470
CTT-Correios de Portugal SA		8,914		25,799
Mota-Engil SGPS SA (A)		5,636		12,914
NOS SGPS SA		17,437		111,541
REN – Redes Energeticas Nacionais SGPS SA		29,268		83,520
Semapa-Sociedade de Investimento & Gestao		1,885		30,693
Sonae SGPS SA		64,578		66,854
Teixeira Duarte SA (A)(B)		21,736		3,563
The Navigator Company SA		12,847		58,824
				636,442
Russia – 0.0%
Petropavlovsk PLC (A)		214,252		23,243
Singapore – 0.9%
Accordia Golf Trust		40,300		17,712
Ascendas India Trust		45,100		39,628
Banyan Tree Holdings, Ltd.		19,800		8,338
Best World International, Ltd.		16,300		26,166
Boustead Projects, Ltd.		3,000		2,037
Boustead Singapore, Ltd.		10,000		5,833
Bukit Sembawang Estates, Ltd.		11,000		45,862
BW LPG, Ltd. (A)(D)		4,059		14,152
China Aviation Oil Singapore Corp., Ltd.		14,400		14,285
Chip Eng Seng Corp., Ltd.		33,000		18,683
CITIC Envirotech, Ltd.		26,900		9,542
COSCO Shipping International Singapore Company, Ltd. (A)		58,900		14,615
CSE Global, Ltd.		34,000		13,567
Delfi, Ltd.		21,900		20,918
Ezion Holdings, Ltd. (A)(C)		131,300		4,166
Far East Orchard, Ltd.		5,000		4,654
First Resources, Ltd.		19,300		23,371
Gallant Venture, Ltd. (A)		71,000		6,759
GL, Ltd.		51,700		30,147
Golden Agri-Resources, Ltd.		227,000		46,932
GuocoLand, Ltd.		10,400		14,901
Halcyon Agri Corp., Ltd.		4,293		1,331
Haw Par Corp., Ltd.		4,700		46,312
Ho Bee Land, Ltd.		11,400		21,213
Hong Fok Corp., Ltd.		52,800		36,069
Hong Leong Asia, Ltd. (A)		26,000		11,340
Hong Leong Finance, Ltd.		12,900		25,885
Hyflux, Ltd. (A)		24,000		360
IGG, Inc.		47,000		65,271
Indofood Agri Resources, Ltd.		25,000		3,786
Kenon Holdings, Ltd.		787		15,070
Keppel Infrastructure Trust		140,600		48,274
Metro Holdings, Ltd.		31,600		23,224

132

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

International Small Company Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
Singapore (continued)
Midas Holdings, Ltd. (A)(C)		86,000	$	10,356
OM Holdings, Ltd.		10,791		9,363
OUE, Ltd.		11,100		13,933
Raffles Medical Group, Ltd.		34,100		26,947
RHT Health Trust		26,900		318
SBS Transit, Ltd.		5,000		14,726
Sheng Siong Group, Ltd.		29,900		22,967
SIA Engineering Company, Ltd.		12,800		23,256
SIIC Environment Holdings, Ltd.		35,800		8,858
Sinarmas Land, Ltd.		94,200		16,728
Singapore Post, Ltd.		66,100		48,838
Stamford Land Corp., Ltd.		59,000		21,767
StarHub, Ltd.		25,600		28,200
Swiber Holdings, Ltd. (A)(C)		15,000		1,206
UMS Holdings, Ltd.		14,000		7,528
United Engineers, Ltd.		32,100		59,724
United Industrial Corp., Ltd.		7,100		15,206
UOB-Kay Hian Holdings, Ltd.		21,499		19,544
Wing Tai Holdings, Ltd.		21,205		31,799
XP Power, Ltd.		824		26,851
Yeo Hiap Seng, Ltd.		1,104		783
Yongnam Holdings, Ltd. (A)		32,625		3,761
				1,093,062
South Africa – 0.0%
Lonmin PLC (A)		4,766		4,517
Petra Diamonds, Ltd. (A)		87,324		21,817
				26,334
Spain – 2.4%
Acciona SA		1,823		203,150
Acerinox SA		10,424		103,376
Alantra Partners SA		1,181		18,358
Almirall SA		4,472		76,362
Amper SA (A)		82,546		22,429
Applus Services SA		6,546		78,198
Atresmedia Corp. de Medios de Comunicacion SA		6,046		28,371
Bolsas y Mercados Espanoles SHMSF SA		4,108		114,754
Caja de Ahorros del Mediterraneo (A)(C)		5,428		0
Cellnex Telecom SA (A)(D)		9,173		269,301
Cia de Distribucion Integral Logista Holdings SA		2,334		54,997
CIE Automotive SA		3,433		92,437
Construcciones y Auxiliar de Ferrocarriles SA		1,425		68,523
Distribuidora Internacional de Alimentacion SA (B)		26,359		19,259
Duro Felguera SA (A)		185,600		2,856
Ebro Foods SA		5,367		114,737
eDreams ODIGEO SA (A)		6,457		19,383
Elecnor SA		2,026		26,976
Enagas SA		5,576		162,332
Ence Energia y Celulosa SA		9,939		55,381
Ercros SA		12,631		44,374
Euskaltel SA (D)		6,084		56,703
Faes Farma SA		21,701		91,773
Fluidra SA (A)		1,739		19,984
Fomento de Construcciones y Contratas SA (A)		2,106		27,498
Global Dominion Access SA (A)(D)		7,113		37,940
Grupo Catalana Occidente SA		3,214		114,738
Grupo Ezentis SA (A)(B)		25,276		14,583
Iberpapel Gestion SA		65		2,216
Indra Sistemas SA (A)		7,058		78,410
Laboratorios Farmaceuticos Rovi SA		987		20,779

International Small Company Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
Spain (continued)
Liberbank SA (A)		130,927	$	55,836
Mediaset Espana Comunicacion SA		7,779		58,130
Melia Hotels International SA		6,008		55,801
Miquel y Costas & Miquel SA		1,474		26,835
Obrascon Huarte Lain SA (B)		14,644		18,460
Parques Reunidos Servicios Centrales SAU (D)		711		8,642
Pharma Mar SA (A)		13,550		22,446
Promotora de Informaciones SA, Class A (A)		16,196		29,303
Prosegur Cia de Seguridad SA		14,186		76,892
Quabit Inmobiliaria SA (A)		11,110		15,725
Realia Business SA (A)		17,710		19,183
Sacyr SA		28,877		73,133
Solaria Energia y Medio Ambiente SA (A)		5,568		29,587
Talgo SA (A)(D)		4,711		30,472
Tecnicas Reunidas SA		2,298		64,644
Telepizza Group SA (D)		1,697		11,826
Tubacex SA		6,252		18,868
Vidrala SA		1,012		88,463
Viscofan SA		2,574		161,118
Zardoya Otis SA		7,487		62,013
				2,967,555
Sweden – 3.0%
AcadeMedia AB (A)(D)		1,818		10,182
Acando AB		6,279		27,939
AddLife AB, B Shares (B)		978		24,729
AddNode Group AB		1,904		27,052
AddTech AB, B Shares		3,734		77,597
AF POYRY AB, B Shares		3,297		55,054
Ahlstrom-Munksjo OYJ		4,382		67,179
Alimak Group AB (B)(D)		2,777		39,580
Atrium Ljungberg AB, B Shares		2,105		35,957
Attendo AB (D)		5,286		26,623
Avanza Bank Holding AB		1,929		82,880
Beijer Alma AB		3,240		45,824
Beijer Ref AB (B)		4,728		76,090
Bergman & Beving AB		2,270		26,012
Betsson AB (A)		7,923		60,123
Bilia AB, A Shares		7,630		65,126
BillerudKorsnas AB (B)		1,434		19,044
BioGaia AB, B Shares		1,327		65,062
Biotage AB		3,574		45,553
Bonava AB, B Shares		3,323		41,806
Bravida Holding AB (D)		6,336		55,892
Bufab AB		1,896		19,953
Bulten AB		717		6,134
Bure Equity AB		3,775		63,257
Byggmax Group AB		5,363		17,643
Catena AB		1,882		52,196
Clas Ohlson AB, B Shares (B)		3,185		24,519
Cloetta AB, B Shares		18,972		49,039
Collector AB (A)		1,870		9,982
Coor Service Management Holding AB (D)		3,188		28,416
Dios Fastigheter AB		6,611		54,307
Dometic Group AB (D)		5,618		44,196
Duni AB		2,559		27,656
Dustin Group AB (D)		4,269		40,048
Eastnine AB		1,669		20,295
Enea AB (A)		1,999		30,140
Fagerhult AB (B)		3,293		25,332
FastPartner AB		2,697		20,177
Fingerprint Cards AB, B Shares (A)(B)		26,708		38,104

133

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

International Small Company Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
Sweden (continued)
Granges AB		5,164	$	53,247
Haldex AB		3,364		22,434
Hembla AB (A)		1,390		26,934
Hemfosa Fastigheter AB		8,774		77,055
HIQ International AB (A)		1,810		11,689
HMS Networks AB		1,433		24,904
Hoist Finance AB (D)		2,083		8,368
Holmen AB, B Shares		2,803		60,771
Inwido AB		3,126		18,573
JM AB (B)		5,515		98,889
KappAhl AB		2,691		4,889
Klovern AB, B Shares		34,595		47,460
KNOW IT AB		2,166		46,374
Kungsleden AB		11,322		90,177
Lagercrantz Group AB, B Shares		4,069		43,820
Lindab International AB		6,008		54,744
Loomis AB, B Shares		3,602		124,213
Mekonomen AB		2,150		15,023
Momentum Group AB, Class B		2,270		22,847
Mycronic AB		3,734		53,291
Nederman Holding AB		887		10,595
NetEnt AB (A)		17,403		63,234
New Wave Group AB, B Shares		4,353		28,491
Nobia AB		6,676		39,145
Nobina AB (D)		7,732		49,848
Nolato AB, B Shares		1,128		46,960
Nordic Waterproofing Holding AS (D)		2,615		23,347
NP3 Fastigheter AB		1,683		13,588
Nyfosa AB (A)		10,620		63,659
OEM International AB, B Shares		1,656		34,117
Peab AB		11,387		98,545
Platzer Fastigheter Holding AB, Series B		5,149		42,397
Proact IT Group AB		476		10,991
Qliro Group AB (A)		6,110		6,593
Ratos AB, B Shares		14,845		30,110
RaySearch Laboratories AB (A)		2,452		27,376
Recipharm AB, B Shares		3,557		52,677
Resurs Holding AB (D)		6,236		38,658
Sagax AB, B Shares		2,621		49,549
SAS AB (A)		22,659		45,611
Scandi Standard AB		4,648		30,630
Scandic Hotels Group AB (D)		4,043		36,106
Sectra AB, B Shares (A)		1,006		28,782
Sensys Gatso Group AB (A)		23,414		3,966
SkiStar AB		3,542		39,001
Sweco AB, B Shares		3,430		82,681
Systemair AB		901		9,647
Thule Group AB (D)		5,686		128,676
Troax Group AB (B)		436		13,931
VBG Group AB, B Shares		630		9,400
Vitrolife AB		1,450		33,020
Wallenstam AB, B Shares		3,109		31,399
Wihlborgs Fastigheter AB		8,332		113,642
				3,788,772
Switzerland – 4.9%
Allreal Holding AG (A)		841		143,170
Alpiq Holding AG (A)		155		9,963
ALSO Holding AG (A)		471		60,935
APG SGA SA		136		38,594
Arbonia AG (A)		2,962		30,595
Aryzta AG (A)		36,290		49,753
Ascom Holding AG		2,404		32,218
Autoneum Holding AG		221		25,489
Banque Cantonale de Geneve		142		28,382
Banque Cantonale Vaudoise		91		72,960

International Small Company Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
Switzerland (continued)
Belimo Holding AG		27	$	134,947
Bell Food Group AG		138		39,792
Bellevue Group AG		467		9,462
Berner Kantonalbank AG		285		69,279
BKW AG		1,315		89,706
Bobst Group SA		632		38,236
Bossard Holding AG, Class A		447		68,771
Bucher Industries AG		463		154,974
Burckhardt Compression Holding AG		37		10,073
Burkhalter Holding AG		218		15,114
Calida Holding AG (A)		285		8,687
Cembra Money Bank AG		1,587		150,178
Cicor Technologies, Ltd. (A)		277		15,864
Coltene Holding AG		198		19,194
Conzzeta AG		74		57,990
Daetwyler Holding AG		525		77,658
DKSH Holding AG		1,571		90,607
dormakaba Holding AG (A)		197		141,159
Dufry AG (A)		454		47,738
EFG International AG (A)		4,687		29,679
Emmi AG		158		139,087
Energiedienst Holding AG		559		16,840
Evolva Holding SA (A)(B)		72,989		17,744
Feintool International Holding AG (A)		142		9,604
Fenix Outdoor International AG		225		23,255
Ferrexpo PLC		22,757		73,452
Flughafen Zurich AG		737		134,503
Forbo Holding AG		75		117,722
GAM Holding AG (A)		11,204		34,996
Georg Fischer AG		261		237,957
Gurit Holding AG		22		20,597
Helvetia Holding AG		445		271,822
Hiag Immobilien Holding AG (A)		420		55,274
HOCHDORF Holding AG (A)(B)		124		14,959
Huber & Suhner AG		859		62,083
Hypothekarbank Lenzburg AG		3		13,800
Implenia AG		994		29,628
Inficon Holding AG (A)		129		71,892
Interroll Holding AG		48		97,393
Intershop Holding AG		93		47,463
IWG PLC		38,584		125,366
Jungfraubahn Holding AG		153		21,818
Kardex AG		420		63,310
Komax Holding AG		316		66,449
Kongsberg Automotive ASA (A)(B)		29,400		26,257
Kudelski SA (A)(B)		2,497		15,000
LEM Holding SA		34		43,716
Logitech International SA		1,317		51,722
Luzerner Kantonalbank AG		254		120,961
MCH Group AG (A)		273		4,386
Metall Zug AG, B Shares		12		30,289
Mobilezone Holding AG		3,642		36,553
Mobimo Holding AG		463		116,508
OC Oerlikon Corp. AG (A)		11,683		149,639
Orascom Development Holding AG (A)		533		9,048
Orell Fuessli Holding AG (B)		92		8,884
Oriflame Holding AG		1,523		29,249
Orior AG		425		34,100
Panalpina Welttransport Holding AG		610		101,601
Phoenix Mecano AG		38		18,495
Plazza AG, Class A		156		37,762
PSP Swiss Property AG		2,555		277,682
Rieter Holding AG		251		36,106
Romande Energie Holding SA		34		38,422
Schaffner Holding AG (A)		40		9,281

134

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

International Small Company Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
Switzerland (continued)
Schmolz + Bickenbach AG (A)		39,436	$	17,527
Schweiter Technologies AG		71		68,548
SFS Group AG (A)		840		72,996
Siegfried Holding AG (A)		266		95,540
St. Galler Kantonalbank AG, Class A		125		57,442
Sulzer AG		1,084		105,792
Sunrise Communications Group AG (A)(D)		2,013		148,254
Swiss Prime Site AG (A)		491		43,037
Swissquote Group Holding SA		588		21,458
Tamedia AG		201		20,396
u-blox Holding AG (A)		431		32,762
Valiant Holding AG		1,060		121,872
Valora Holding AG (A)		284		78,310
VAT Group AG (A)(D)		1,242		130,721
Vaudoise Assurances Holding SA		64		32,150
Vetropack Holding AG		10		21,800
Von Roll Holding AG (A)		7,878		10,839
Vontobel Holding AG		1,927		103,685
VZ Holding AG		161		42,197
Walliser Kantonalbank		203		25,376
Warteck Invest AG (A)		7		13,848
Ypsomed Holding AG (A)		276		35,372
Zehnder Group AG		615		20,826
Zug Estates Holding AG, B Shares		16		27,641
Zuger Kantonalbank AG		13		80,178
				6,152,409
Taiwan – 0.0%
Ya Hsin Industrial Company, Ltd. (A)(C)		138,000		0
United Arab Emirates – 0.0%
Lamprell PLC (A)		33,134		25,470
United Kingdom – 17.6%
4imprint Group PLC		1,523		48,917
A.G. Barr PLC		6,752		71,001
AA PLC		34,743		41,205
Acacia Mining PLC (A)		8,311		21,307
Afren PLC (A)(C)		55,554		0
Aggreko PLC		12,621		129,536
Alizyme PLC (A)(C)		22,479		0
Anglo Pacific Group PLC		12,147		26,611
Anglo-Eastern Plantations PLC		1,225		8,187
Arrow Global Group PLC		6,931		19,671
Ashmore Group PLC		18,787		104,586
Auto Trader Group PLC (D)		47,541		323,347
AVEVA Group PLC		1,350		56,768
Avon Rubber PLC		2,322		39,313
B&M European Value Retail SA		49,325		240,276
Babcock International Group PLC		18,227		117,275
Balfour Beatty PLC		59,821		204,415
BBA Aviation PLC		65,305		211,939
Beazley PLC		33,115		222,221
Bellway PLC		10,340		410,214
Bodycote PLC		12,562		134,811
boohoo Group PLC (A)		8,717		21,473
Bovis Homes Group PLC		14,876		206,213
Braemar Shipping Services PLC		1,328		2,855
Brewin Dolphin Holdings PLC		30,165		123,364
Britvic PLC		13,916		172,708
BTG PLC (A)		20,431		222,076
Cairn Energy PLC (A)		39,916		84,126
Capital & Counties Properties PLC		37,080		116,277
Card Factory PLC		14,688		34,554
CareTech Holdings PLC		1,602		6,999
Carillion PLC (A)(C)		35,521		6,570
Central Asia Metals PLC		1,507		4,649

International Small Company Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
United Kingdom (continued)
Charles Taylor PLC		4,285	$	10,880
Chemring Group PLC		24,869		44,891
Chesnara PLC		5,125		25,219
Cineworld Group PLC		62,679		239,027
Circassia Pharmaceuticals PLC (A)		9,034		3,305
Clarkson PLC		2,778		86,009
Close Brothers Group PLC		16,653		315,753
CLS Holdings PLC		10,759		34,400
CMC Markets PLC (D)		7,009		7,578
Cobham PLC (A)		137,193		197,323
Computacenter PLC		4,832		69,638
Concentric AB		3,084		48,830
Connect Group PLC		21,090		10,440
Consort Medical PLC		3,903		44,652
ConvaTec Group PLC (D)		20,654		38,110
Costain Group PLC		4,797		20,931
Countryside Properties PLC (D)		15,648		66,237
Countrywide PLC (A)		23,471		2,317
Cranswick PLC		5,852		207,790
Crest Nicholson Holdings PLC		16,969		81,828
CYBG PLC		18,464		47,765
Daejan Holdings PLC		569		43,430
Daily Mail & General Trust PLC, Class A		18,218		153,223
Dairy Crest Group PLC		15,577		126,163
Dart Group PLC		2,992		30,943
De La Rue PLC		6,976		35,009
Debenhams PLC		76,182		2,679
Devro PLC		12,253		31,426
DFS Furniture PLC		12,509		40,861
Dialight PLC (A)		105		616
Dialog Semiconductor PLC (A)		5,144		156,879
Dignity PLC		3,439		30,665
Diploma PLC		11,483		218,332
DiscoverIE Group PLC		5,627		28,874
Dixons Carphone PLC		21,551		41,223
Domino’s Pizza Group PLC		24,810		78,296
Drax Group PLC		33,303		164,212
Dunelm Group PLC		5,863		66,440
EI Group PLC (A)		40,990		113,802
Electrocomponents PLC		51,213		375,062
Elementis PLC		54,285		114,951
EMIS Group PLC		1,913		26,175
EnQuest PLC (A)		109,392		27,115
Equiniti Group PLC (D)		10,616		28,782
Essentra PLC		14,966		80,496
Euromoney Institutional Investor PLC		4,132		67,722
FDM Group Holdings PLC		3,208		37,555
Fevertree Drinks PLC		3,631		142,913
Findel PLC (A)		8,139		16,751
Firstgroup PLC (A)		131,049		155,242
FLEX LNG, Ltd. (A)		1,570		20,315
Forterra PLC (D)		6,408		24,603
Foxtons Group PLC		23,551		19,529
Fuller Smith & Turner PLC, Class A		1,525		23,343
G4S PLC		33,313		79,717
Galliford Try PLC		8,600		74,742
Games Workshop Group PLC		3,497		143,343
Gamma Communications PLC		79		1,008
Gem Diamonds, Ltd. (A)		12,666		15,080
Genus PLC		561		16,218
Gocompare.Com Group PLC		23,140		23,220
Grainger PLC		32,768		101,003
Greene King PLC		20,833		180,606
Greggs PLC		6,454		154,638

135

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

International Small Company Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
United Kingdom (continued)
Gulf Keystone Petroleum, Ltd. (A)		7,420	$	24,541
Halfords Group PLC		15,547		47,028
Hastings Group Holdings PLC (D)		4,335		12,240
Hays PLC		159,002		311,111
Headlam Group PLC		6,602		38,345
Helical PLC		8,263		35,584
Henry Boot PLC		5,301		17,609
Hill & Smith Holdings PLC		7,988		129,353
Hilton Food Group PLC		1,880		23,296
Hollywood Bowl Group PLC		8,153		22,303
HomeServe PLC		16,925		226,102
Horizon Discovery Group PLC (A)		5,948		11,517
Howden Joinery Group PLC		58,153		367,899
Hunting PLC		14,400		111,474
Huntsworth PLC		20,713		23,219
Hurricane Energy PLC (A)		21,839		13,135
Ibstock PLC (D)		15,835		49,485
IG Group Holdings PLC		23,595		159,894
IMI PLC		15,206		189,902
Inchcape PLC		25,976		193,282
Indivior PLC (A)		37,592		47,059
Inmarsat PLC		15,832		114,559
Intermediate Capital Group PLC		15,979		221,953
International Personal Finance PLC		12,526		31,738
iomart Group PLC		2,265		10,298
IP Group PLC (A)		7,609		8,724
ITE Group PLC		72,836		66,477
J.D. Wetherspoon PLC		7,491		127,827
James Fisher & Sons PLC		5,175		132,941
James Halstead PLC		2,706		15,701
Jardine Lloyd Thompson Group PLC		8,847		220,520
JD Sports Fashion PLC		20,575		134,809
John Laing Group PLC (D)		9,818		48,743
John Menzies PLC		7,323		46,583
John Wood Group PLC		27,017		178,584
Johnson Service Group PLC		7,514		13,603
JPJ Group PLC (A)		3,107		28,345
Jupiter Fund Management PLC		22,824		107,584
Just Group PLC		20,396		16,275
Kainos Group PLC		4,099		29,500
KAZ Minerals PLC		11,463		97,576
KCOM Group PLC		44,045		40,326
Keller Group PLC		6,571		52,808
Kier Group PLC		16,619		78,721
Kin & Carta PLC		3,492		4,190
Lancashire Holdings, Ltd.		16,425		139,887
Lookers PLC		22,449		29,548
Low & Bonar PLC		44,351		9,829
LSL Property Services PLC		6,404		22,530
M&C Saatchi PLC		253		1,237
Majestic Wine PLC		3,126		9,073
Man Group PLC		100,818		178,594
Marshalls PLC		12,527		100,929
Marston’s PLC		54,494		72,930
McBride PLC (A)		14,770		19,262
McCarthy & Stone PLC (D)		19,899		33,248
Mears Group PLC		8,289		27,509
Meggitt PLC		40,250		263,861
Merlin Entertainments PLC (D)		32,383		144,963
Metro Bank PLC (A)		674		6,664
Millennium & Copthorne Hotels PLC		11,031		65,482
Mitchells & Butlers PLC (A)		18,406		64,916
Mitie Group PLC		35,246		68,209
MJ Gleeson PLC		2,770		29,046
Moneysupermarket.com Group PLC		27,410		132,891

International Small Company Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
United Kingdom (continued)
Morgan Advanced Materials PLC		26,543	$	83,965
Morgan Sindall Group PLC		3,781		61,706
Mothercare PLC (A)		17,482		5,117
MWB Group Holdings PLC (A)(C)		11,618		738
N. Brown Group PLC		9,633		12,366
National Express Group PLC		41,234		218,064
NCC Group PLC		13,335		24,318
Next Fifteen Communications Group PLC		2,559		18,826
Non-Standard Finance PLC (D)		12,541		8,958
Northgate PLC		13,449		65,513
On the Beach Group PLC (D)		5,451		31,153
OneSavings Bank PLC		13,146		65,723
Ophir Energy PLC (A)		20,754		15,384
Oxford Instruments PLC		4,212		53,613
Pagegroup PLC		22,193		135,959
Pan African Resources PLC (A)		85,815		10,225
Paragon Banking Group PLC		16,092		91,346
PayPoint PLC		4,414		49,270
Pendragon PLC		102,667		37,354
Pennon Group PLC		26,907		260,696
Petrofac, Ltd.		12,318		78,523
Pets at Home Group PLC		14,206		29,341
Phoenix Group Holdings PLC		24,898		219,924
Photo-Me International PLC		18,684		19,418
Polypipe Group PLC		12,035		63,169
Porvair PLC		2,468		17,682
Premier Foods PLC (A)		41,106		19,515
Premier Oil PLC (A)		52,556		64,245
Provident Financial PLC (A)		7,268		48,520
PZ Cussons PLC		16,024		40,973
QinetiQ Group PLC		39,382		154,653
Quilter PLC (D)		31,308		59,845
Rank Group PLC		7,303		14,971
Rathbone Brothers PLC		3,506		101,673
Reach PLC		27,680		22,397
Redrow PLC		25,923		203,128
Renew Holdings PLC		4,150		21,738
Renewi PLC		86,394		26,485
Renishaw PLC		3,637		175,805
Ricardo PLC		5,161		43,324
Rightmove PLC		28,703		190,856
RM PLC		8,752		27,385
Robert Walters PLC		4,693		36,781
Rotork PLC		60,697		223,811
RPC Group PLC		35,082		361,151
RPS Group PLC		21,630		52,711
Saga PLC		35,682		51,700
Savannah Petroleum PLC (A)		25,207		8,242
Savills PLC		9,220		108,702
Scapa Group PLC		3,955		14,644
SDL PLC		7,019		49,385
Senior PLC		44,218		125,742
Severfield PLC		11,941		10,697
SIG PLC		58,251		107,818
Sirius Minerals PLC (A)		37,690		9,867
Smart Metering Systems PLC		1,773		12,598
Soco International PLC		16,636		14,899
Softcat PLC		5,177		56,045
Spectris PLC		13,188		431,567
Speedy Hire PLC		24,369		17,208
Spire Healthcare Group PLC (D)		8,597		14,523
Spirent Communications PLC		57,193		107,132
Sportech PLC (A)		11,390		5,572
Sports Direct International PLC (A)		7,111		27,086

136

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

International Small Company Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
United Kingdom (continued)
SSP Group PLC		26,110	$	235,614
St. Modwen Properties PLC		21,589		111,696
Stagecoach Group PLC		27,597		55,232
Stallergenes Greer PLC (A)		390		15,977
SThree PLC		8,144		28,538
Stobart Group, Ltd.		19,806		39,285
Stock Spirits Group PLC		6,082		18,175
Stolt-Nielsen, Ltd.		2,414		30,148
STV Group PLC		2,685		13,084
Superdry PLC		3,110		22,209
Synthomer PLC		28,607		141,473
TalkTalk Telecom Group PLC		31,116		44,750
Tate & Lyle PLC		48,492		458,657
Ted Baker PLC		2,952		60,047
Telecom Plus PLC		5,484		108,857
Telit Communications PLC (A)		11,380		23,810
The Go-Ahead Group PLC		4,905		125,329
The Gym Group PLC (D)		3,234		9,151
The Restaurant Group PLC		31,032		47,707
The Vitec Group PLC		2,842		42,212
The Weir Group PLC		78		1,585
Thomas Cook Group PLC (A)		58,171		18,917
Topps Tiles PLC		15,591		15,442
TORM PLC (A)		2,744		20,639
TP ICAP PLC		33,151		127,054
Travis Perkins PLC		16,496		294,717
Trifast PLC		7,237		17,950
TT Electronics PLC		14,769		41,806
Tullow Oil PLC (B)		127,525		399,583
U & I Group PLC		12,008		29,308
Ultra Electronics Holdings PLC		7,729		160,755
Vectura Group PLC (A)		41,947		39,019
Vesuvius PLC		16,164		125,003
Victrex PLC		8,458		238,250
Volex PLC (A)		3,136		3,740
Vp PLC		637		8,712
Watkin Jones PLC		6,905		19,782
WH Smith PLC		6,444		178,274
William Hill PLC		58,234		121,852
Wilmington PLC		8,076		22,352
Wincanton PLC		7,151		22,067
Xaar PLC		5,629		7,764
Zeal Network SE		349		7,881
				21,949,108
United States – 0.5%
Alacer Gold Corp. (A)		21,191		57,562
Argonaut Gold, Inc. (A)		12,132		17,068
Burford Capital, Ltd.		2,947		64,750
Cott Corp.		12,507		182,502
Diversified Gas & Oil PLC		11,112		18,795
Energy Fuels, Inc. (A)(B)		730		2,420
Epsilon Energy, Ltd. (A)		1,800		7,920
Invesque, Inc.		2,000		14,270
Kingsway Financial Services, Inc. (A)		425		1,318
PureTech Health PLC (A)		5,400		11,415
REC Silicon ASA (A)(B)		135,975		10,476
Reliance Worldwide Corp., Ltd.		26,413		81,037
Sims Metal Management, Ltd. (B)		12,099		92,162
Sundance Energy Australia, Ltd. (A)		33,049		9,751
				571,446
TOTAL COMMON STOCKS (Cost $129,966,202)			$	122,873,168
PREFERRED SECURITIES – 0.2%
Germany – 0.2%
Biotest AG		486		12,366

International Small Company Trust (continued)
	Shares or
	Principal
	Amount		Value
PREFERRED SECURITIES (continued)
Germany (continued)
Draegerwerk AG & Company KGaA		721	$	34,206
Jungheinrich AG		2,763		90,011
Sixt SE		1,166		79,612
STO SE & Company KGaA		124		11,293
Villeroy & Boch AG		625		10,860
				238,348
TOTAL PREFERRED SECURITIES (Cost $221,939)			$	238,348
RIGHTS – 0.0%
AF POYRY AB (Expiration Date: 4-15-19; Strike Price: SEK 99.00) (A)		3,297		6,738
Apac Resources, Ltd. (Expiration Date: 4-16-19; Strike Price: HKD 1.10) (A)		5,132		52
GE Capital Australia Funding Pty, Ltd. (A)(C)(E)		19,100		7,188
Keppel Infrastructure Trust (Expiration Date: 4-5-19; Strike Price: SGD 0.44) (A)		16,590		294
Promotora de Informaciones SA (Expiration Date: 4-8-19; Strike Price: EUR 1.33) (A)		16,196		1,272
Victory City International Holdings, Ltd. (Expiration Date: 4-11-19; Strike Price: HKD 0.10) (A)		56,530		72
TOTAL RIGHTS (Cost $0)			$	15,616
WARRANTS – 0.0%
Ezion Holdings, Ltd. (Expiration Date: 4-6-23; Strike Price: SGD 0.28) (A)		78,780		1,042
Tervita Corp. (Expiration Date: 7-19-20; Strike Price: CAD 18.75) (A)		129		12
TOTAL WARRANTS (Cost $0)			$	1,054
SECURITIES LENDING COLLATERAL – 8.9%
John Hancock Collateral Trust, 2.6031% (F)(G)		1,104,377		11,051,391
TOTAL SECURITIES LENDING COLLATERAL (Cost $11,049,458)			$	11,051,391
Total Investments (International Small Company Trust) (Cost $141,237,599) – 107.6%			$	134,179,577
Other assets and liabilities, net – (7.6%)				(9,483,821	)
TOTAL NET ASSETS – 100.0%			$	124,695,756

Currency Abbreviations
CAD	Canadian Dollar
EUR	Euro
HKD	Hong Kong Dollar
SEK	Swedish Krona
SGD	Singapore Dollar
Security Abbreviations and Legend
(A)	Non-income producing security.
(B)	All or a portion of this security is on loan as of 3-31-19. The value of securities on loan amounted to $10,155,413.
(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 3-31-19.
(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.

137

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

International Small Company Trust (continued)

(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		8		Long		Jun 2019	$	734,978	$	746,680	$	11,702
											$	11,702

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

See Notes to Portfolio of Investments regarding investment transactions and other derivatives information.

International Value Trust
	Shares or
	Principal
	Amount		Value
COMMON STOCKS – 96.8%
Canada – 5.7%
Alamos Gold, Inc., Class A (A)		825,500	$	4,193,540
Cenovus Energy, Inc.		305,628		2,652,961
Goldcorp, Inc.		21,300		243,706
Husky Energy, Inc.		394,200		3,908,519
Wheaton Precious Metals Corp.		290,100		6,905,437
				17,904,163
China – 7.7%
Baidu, Inc., ADR (B)		31,360		5,169,696
China Life Insurance Company, Ltd., H Shares		876,000		2,361,812
China Telecom Corp., Ltd., H Shares		12,114,427		6,740,757
NetEase, Inc., ADR		11,500		2,776,675
Shanghai Pharmaceuticals Holding Company, Ltd., H Shares		713,700		1,555,522
Sinopec Engineering Group Company, Ltd., H Shares		2,936,200		2,871,421
Sinopharm Group Company, Ltd., H Shares		626,800		2,613,366
				24,089,249
Denmark – 2.1%
A.P. Moller – Maersk A/S, Series B (A)		2,530		3,207,656
Vestas Wind Systems A/S		38,512		3,246,031
				6,453,687
France – 10.4%
AXA SA		143,348		3,605,347
BNP Paribas SA		179,213		8,528,466
Cie de Saint-Gobain		86,087		3,121,441
Cie Generale des Etablissements Michelin SCA		23,561		2,783,607
Sanofi		85,537		7,563,573
TOTAL SA		83,656		4,655,422
Veolia Environnement SA		104,976		2,348,732
				32,606,588
Germany – 5.9%
Bayer AG		73,226		4,715,184
E.ON SE		346,558		3,856,598
Gerresheimer AG		28,361		2,134,816
Merck KGaA		28,352		3,236,991
Siemens AG		14,658		1,576,365
Telefonica Deutschland Holding AG		917,992		2,886,551
				18,406,505
Hong Kong – 3.8%
China Mobile, Ltd.		472,500		4,821,547
CK Hutchison Holdings, Ltd.		548,500		5,767,674

International Value Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
Hong Kong (continued)
Value Partners Group, Ltd. (A)		1,681,900	$	1,310,548
				11,899,769
India – 0.9%
Hero MotoCorp, Ltd.		60,144		2,215,448
Jain Irrigation Systems, Ltd.		767,199		654,339
				2,869,787
Ireland – 1.8%
Bank of Ireland Group PLC		594,739		3,549,424
CRH PLC		68,914		2,136,040
				5,685,464
Israel – 1.7%
Teva Pharmaceutical Industries, Ltd., ADR (B)		351,158		5,506,157
Italy – 2.3%
Eni SpA		408,878		7,224,308
Japan – 11.4%
Astellas Pharma, Inc.		219,500		3,298,160
Ezaki Glico Company, Ltd. (A)		43,100		2,268,299
Mitsui Fudosan Company, Ltd.		131,700		3,317,727
Panasonic Corp.		589,100		5,079,278
Seven & i Holdings Company, Ltd.		84,100		3,173,109
Sumitomo Metal Mining Company, Ltd.		83,800		2,483,146
Sumitomo Mitsui Financial Group, Inc.		84,300		2,952,078
Sumitomo Rubber Industries, Ltd.		231,800		2,784,061
Suntory Beverage & Food, Ltd.		67,200		3,160,518
Taiheiyo Cement Corp.		103,800		3,466,809
Takeda Pharmaceutical Company, Ltd.		89,243		3,654,701
				35,637,886
Luxembourg – 1.3%
SES SA		135,344		2,105,888
Tenaris SA		132,309		1,863,851
				3,969,739
Malta – 0.0%
BGP Holdings PLC (B)(C)		2,126,418		0
Netherlands – 8.7%
Flow Traders (D)		101,820		2,807,490
ING Groep NV		525,709		6,370,202
NXP Semiconductors NV		49,800		4,401,822
Royal Dutch Shell PLC, B Shares		275,409		8,704,506
SBM Offshore NV		268,875		5,121,897
				27,405,917
Singapore – 1.5%
Singapore Telecommunications, Ltd.		2,091,900		4,670,616

138

John Hancock Variable Insurance Trust

Portfolio of Investments – March 31, 2019 (unaudited) (showing percentage of total net assets)

International Value Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
Singapore (continued)
Singapore
Telecommunications, Ltd., ADR		2,200	$	49,291
				4,719,907
South Korea – 8.3%
Hana Financial Group, Inc.		121,581		3,903,718
KB Financial Group, Inc., ADR		134,351		4,979,048
Korea Electric Power Corp. (B)		65,288		1,717,150
Lotte Chemical Corp.		12,543		3,218,011
Samsung Electronics Company, Ltd.		306,820		12,101,880
				25,919,807
Switzerland – 4.9%
Landis+Gyr Group AG (B)		28,189		1,785,238
Roche Holding AG		32,834		9,047,569
UBS Group AG (B)		364,129		4,418,177
				15,250,984
Taiwan – 1.5%
Taiwan Semiconductor Manufacturing Company, Ltd.		608,000		4,869,508
Thailand – 2.2%
Bangkok Bank PCL		303,100		2,065,415
Bangkok Bank PCL, NVDR		460,600		3,008,050
Kasikornbank PCL, Foreign Quota Shares		93,000		551,752
Kasikornbank PCL, NVDR		240,400		1,422,085
				7,047,302
United Kingdom – 14.7%
BAE Systems PLC		505,098		3,174,944
Barclays PLC		1,914,323		3,855,984
BP PLC		1,502,329		10,909,182
Cobham PLC (B)		728,862		1,048,315
HSBC Holdings PLC		645,474		5,245,056
Johnson Matthey PLC		119,591		4,904,344
Kingfisher PLC		1,327,975		4,072,543
Standard Chartered PLC		1,079,947		8,324,646
Vodafone Group PLC		2,571,121		4,685,249
				46,220,263
TOTAL COMMON STOCKS (Cost $312,650,466)			$	303,686,990
SECURITIES LENDING COLLATERAL – 2.3%
John Hancock Collateral Trust, 2.6031% (E)(F)		711,662		7,121,529
TOTAL SECURITIES LENDING COLLATERAL (Cost $7,121,778)			$	7,121,529
SHORT-TERM INVESTMENTS – 1.6%
U.S. Government Agency – 1.6%
Federal Home Loan Bank Discount Note 2.200%, 04/01/2019 *	$	5,100,000		5,100,000
TOTAL SHORT-TERM INVESTMENTS (Cost $5,100,000)			$	5,100,000
Total Investments (International Value Trust) (Cost $324,872,244) – 100.7%			$	315,908,519
Other assets and liabilities, net – (0.7%)				(2,202,144	)
TOTAL NET ASSETS – 100.0%			$	313,706,375

Security Abbreviations and Legend
ADR	American Depositary Receipt
NVDR	Non-Voting Depositary Receipt
(A)	All or a portion of this security is on loan as of 3-31-19. The value of securities on loan amounted to $6,758,266.
(B)	Non-income producing security.
(C)	Security is valued using significant unobservable inputs and is classified as Level 3 in the fair value hierarchy.

International Value Trust (continued)
(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 3-31-19.
(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.

Investment Quality Bond Trust
	Shares or
	Principal
	Amount		Value
U.S. GOVERNMENT AND AGENCY OBLIGATIONS – 50.1%
U.S. Government – 22.8%
U.S. Treasury Bonds
2.250%, 08/15/2046	$	975,000	$	871,482
2.500%, 02/15/2045 (A)		1,204,000		1,138,533
2.500%, 02/15/2046		648,000		610,816
2.875%, 05/15/2043		1,170,000		1,190,429
3.000%, 11/15/2044 to 02/15/2047		768,000		798,808
3.000%, 11/15/2045 to 02/15/2048 (A)		4,482,000		4,658,905
3.125%, 05/15/2048		2,360,000		2,508,330
3.625%, 08/15/2043		680,000		782,983
3.750%, 11/15/2043 (A)		2,689,000		3,159,050
4.375%, 11/15/2039 (A)		2,205,000		2,806,982
5.375%, 02/15/2031		3,000		3,903
U.S. Treasury Inflation Protected Securities
0.375%, 07/15/2027		7,449,526		7,396,669
0.875%, 01/15/2029		1,320,773		1,363,964
U.S. Treasury Notes
1.375%, 04/30/2021		258,000		253,324
1.625%, 06/30/2020 (A)		3,425,000		3,392,891
1.625%, 11/30/2020		980,000		968,784
1.875%, 01/31/2022 to 02/28/2022		7,435,000		7,361,405
2.000%, 06/30/2024 to 02/15/2025 (A)		9,527,000		9,382,456
2.250%, 08/15/2027		950,000		941,725
2.750%, 02/15/2024		66,000		67,547
2.875%, 08/15/2028		2,090,000		2,173,763
3.125%, 05/15/2021 (A)		7,350,000		7,476,902
				59,309,651
U.S. Government Agency – 27.3%
Federal Home Loan Mortgage Corp.
3.000%, TBA (B)		5,800,000		5,793,206
3.500%, TBA (B)		3,300,000		3,346,682
3.500%, 03/01/2048 to 06/01/2048		5,175,831		5,253,052
4.000%, TBA (B)		5,800,000		5,969,619
4.500%, TBA (B)		3,300,000		3,443,381
5.000%, 12/01/2034		167,600		180,360
6.500%, 04/01/2029 to 08/01/2034		10,709		12,125
7.500%, 12/01/2025 to 05/01/2028		4,702		5,161
Federal National Mortgage Association
2.500%, 07/01/2030 to 04/01/2045		1,628,832		1,591,807
2.660%, 03/01/2027		815,000		806,959
2.720%, 03/01/2027		753,162		749,156
2.880%, 11/01/2027		1,045,111		1,043,138
2.970%, 06/01/2027 to 06/01/2030		1,262,340		1,261,962
3.160%, 08/01/2027		985,000		1,004,518
3.500%, TBA (B)		3,700,000		3,749,883
3.500%, 06/01/2046 to 05/01/2048		12,383,582		12,579,214
5.000%, TBA (B)		1,800,000		1,903,081
Government National Mortgage Association 3.000%, TBA (B)		4,300,000		4,318,900

139

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (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 (continued)
3.500%, TBA (B)	$	9,100,000	$	9,296,548
4.000%, TBA (B)		3,600,000		3,717,080
4.000%, 11/15/2040 to 02/15/2042		72,240		75,437
4.500%, TBA (B)		4,600,000		4,776,479
6.000%, 08/15/2032 to 04/15/2035		66,061		73,961
6.500%, 06/15/2028 to 02/15/2035		32,246		35,627
7.000%, 11/15/2031 to 11/15/2033		171,484		190,459
				71,177,795
TOTAL U.S. GOVERNMENT AND AGENCY OBLIGATIONS (Cost $129,562,079)			$	130,487,446
FOREIGN GOVERNMENT OBLIGATIONS – 0.9%
Argentina – 0.1%
Republic of Argentina 5.250%, 01/15/2028	EUR	135,000		111,220
Ghana – 0.1%
Republic of Ghana 8.627%, 06/16/2049 (C)	$	200,000		195,323
Hungary – 0.0%
Republic of Hungary 6.375%, 03/29/2021		86,000		91,617
Italy – 0.0%
Republic of Italy 2.500%, 05/01/2019	EUR	10,000		11,239
Qatar – 0.5%
State of Qatar
4.000%, 03/14/2029 (C)	$	580,000		597,755
4.817%, 03/14/2049		630,000		662,406
				1,260,161
Romania – 0.1%
Government of Romania 6.125%, 01/22/2044		302,000		345,165
Tunisia – 0.1%
Republic of Tunisia 6.750%, 10/31/2023	EUR	190,000		206,541
TOTAL FOREIGN GOVERNMENT OBLIGATIONS (Cost $2,234,457)			$	2,221,266
CORPORATE BONDS – 28.9%
Communication services – 4.1%
AT&T, Inc.
4.100%, 02/15/2028	$	140,000		141,490
4.125%, 02/17/2026		255,000		260,726
4.250%, 03/01/2027		80,000		82,344
4.300%, 02/15/2030		320,000		324,115
4.350%, 03/01/2029		275,000		281,031
AT&T, Inc. (3 month LIBOR + 0.650%) 3.437%, 01/15/2020 (D)		75,000		75,254
Charter Communications Operating LLC
4.464%, 07/23/2022		295,000		305,308
4.908%, 07/23/2025		265,000		279,443
5.750%, 04/01/2048		335,000		350,695
6.484%, 10/23/2045		25,000		28,050
Comcast Cable Communications LLC 8.500%, 05/01/2027		96,000		126,626
Comcast Corp.
2.350%, 01/15/2027		45,000		42,065
3.200%, 07/15/2036		55,000		50,010
3.950%, 10/15/2025		115,000		120,320
4.049%, 11/01/2052		45,000		43,643
4.150%, 10/15/2028		105,000		110,701

Investment Quality Bond Trust (continued)
	Shares or
	Principal
	Amount		Value
CORPORATE BONDS (continued)
Communication services (continued)
Comcast Corp. (continued)
4.250%, 10/15/2030	$	100,000	$	106,357
4.600%, 10/15/2038		115,000		123,295
4.950%, 10/15/2058		95,000		104,982
Cox Communications, Inc.
3.150%, 08/15/2024 (C)		461,000		459,172
4.800%, 02/01/2035 (C)		30,000		28,408
Discovery Communications LLC
3.800%, 03/13/2024		140,000		141,209
3.950%, 06/15/2025 (C)		117,000		117,988
4.900%, 03/11/2026		100,000		105,594
5.000%, 09/20/2037		140,000		136,310
6.350%, 06/01/2040		220,000		241,774
DISH DBS Corp. 6.750%, 06/01/2021		66,000		68,046
Fox Corp. 4.030%, 01/25/2024 (C)		305,000		316,493
Sprint Corp. 7.125%, 06/15/2024		85,000		86,275
Sprint Spectrum Company LLC 5.152%, 03/20/2028 (C)		600,000		613,500
Telecom Italia Capital SA
6.000%, 09/30/2034		15,000		13,875
7.721%, 06/04/2038		25,000		25,875
Telecom Italia SpA 5.303%, 05/30/2024 (C)(E)		500,000		502,500
Telefonica Celular del Paraguay SA 5.875%, 04/15/2027 (C)		200,000		203,250
Telefonica Emisiones SA
5.520%, 03/01/2049		380,000		398,265
7.045%, 06/20/2036		170,000		207,152
Tencent Holdings, Ltd.
2.985%, 01/19/2023 (C)		295,000		293,836
3.595%, 01/19/2028 (C)		200,000		197,508
Time Warner Cable LLC
4.500%, 09/15/2042		415,000		364,067
5.875%, 11/15/2040		195,000		202,895
Verizon Communications, Inc.
3.875%, 02/08/2029		135,000		138,792
4.272%, 01/15/2036		160,000		162,063
4.400%, 11/01/2034		225,000		234,387
4.500%, 08/10/2033		55,000		58,242
4.672%, 03/15/2055		138,000		141,225
4.812%, 03/15/2039		120,000		129,025
5.012%, 08/21/2054		65,000		69,666
5.250%, 03/16/2037		70,000		78,929
Verizon Communications, Inc. (3 month LIBOR + 0.550%) 3.203%, 05/22/2020 (D)		55,000		55,231
Viacom, Inc.
4.250%, 09/01/2023		450,000		468,024
4.375%, 03/15/2043		84,000		75,373
Videotron, Ltd. 5.375%, 06/15/2024 (C)		40,000		41,750
Vodafone Group PLC 4.375%, 05/30/2028		435,000		442,555
Vodafone Group PLC (7.000% to 4-4-29, then 5 Year U.S. Swap Rate + 4.873%) 04/04/2079		450,000		457,388
Warner Media LLC
2.950%, 07/15/2026		280,000		265,220
3.800%, 02/15/2027		25,000		24,872
3.875%, 01/15/2026		70,000		70,289
WMG Acquisition Corp. 4.875%, 11/01/2024 (C)		65,000		65,813

140

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Investment Quality Bond Trust (continued)
	Shares or
	Principal
	Amount		Value
CORPORATE BONDS (continued)
Communication services (continued)
WMG Acquisition Corp. (continued)
5.000%, 08/01/2023 (C)	$	10,000	$	10,175
				10,669,466
Consumer discretionary – 1.2%
Alibaba Group Holding, Ltd.
3.400%, 12/06/2027		235,000		230,901
4.200%, 12/06/2047		200,000		196,086
Amazon.com, Inc.
2.800%, 08/22/2024		80,000		80,170
3.875%, 08/22/2037		290,000		302,911
Ford Motor Company
4.750%, 01/15/2043		70,000		54,940
5.291%, 12/08/2046		75,000		62,907
Ford Motor Credit Company LLC 3.815%, 11/02/2027 (E)		200,000		174,299
General Motors Company
5.950%, 04/01/2049		40,000		38,752
6.250%, 10/02/2043		140,000		140,097
6.750%, 04/01/2046		180,000		187,682
General Motors Financial Company, Inc. 3.950%, 04/13/2024		130,000		128,727
General Motors Financial Company, Inc. (3 month LIBOR + 1.560%) 4.347%, 01/15/2020 (D)		100,000		100,651
GLP Capital LP 5.300%, 01/15/2029		145,000		152,276
Lennar Corp. 4.750%, 11/29/2027		25,000		25,012
Liberty Interactive LLC 8.250%, 02/01/2030		70,000		71,400
Lowe’s Companies, Inc.
3.375%, 09/15/2025		370,000		371,838
3.700%, 04/15/2046		15,000		13,305
McDonald’s Corp. 3.350%, 04/01/2023		205,000		209,301
PulteGroup, Inc. 5.500%, 03/01/2026		20,000		20,650
The William Carter Company 5.625%, 03/15/2027 (C)		15,000		15,506
Toll Brothers Finance Corp. 4.875%, 11/15/2025		50,000		50,313
VOC Escrow, Ltd. 5.000%, 02/15/2028 (C)		10,000		9,725
Volkswagen Group of America Finance LLC 3.875%, 11/13/2020 (C)		375,000		379,663
VW Credit Canada, Inc. 2.500%, 10/01/2019	CAD	200,000		149,741
				3,166,853
Consumer staples – 2.7%
Altria Group, Inc.
2.625%, 09/16/2026	$	80,000		73,900
2.850%, 08/09/2022		470,000		469,049
3.800%, 02/14/2024		95,000		96,742
3.875%, 09/16/2046		105,000		86,372
4.400%, 02/14/2026		100,000		102,997
4.800%, 02/14/2029		205,000		211,536
5.800%, 02/14/2039		495,000		524,238
5.950%, 02/14/2049		435,000		466,718
Anheuser-Busch Companies LLC
3.650%, 02/01/2026 (C)		60,000		60,220
4.700%, 02/01/2036 (C)		50,000		50,020
Anheuser-Busch InBev Worldwide, Inc.
3.750%, 07/15/2042		236,000		203,931
4.150%, 01/23/2025		180,000		187,671

Investment Quality Bond Trust (continued)
	Shares or
	Principal
	Amount		Value
CORPORATE BONDS (continued)
Consumer staples (continued)
Anheuser-Busch InBev
Worldwide, Inc. (continued)
4.600%, 04/15/2048	$	120,000	$	115,654
4.750%, 01/23/2029 to 04/15/2058		400,000		399,571
5.450%, 01/23/2039		1,035,000		1,121,077
BAT Capital Corp.
3.222%, 08/15/2024		160,000		156,532
3.557%, 08/15/2027		360,000		341,146
4.390%, 08/15/2037		400,000		361,200
Conagra Brands, Inc.
3.800%, 10/22/2021		55,000		56,021
4.300%, 05/01/2024		265,000		274,634
4.600%, 11/01/2025		30,000		31,566
5.300%, 11/01/2038		45,000		45,721
Conagra Brands, Inc. (3 month LIBOR + 0.750%) 3.511%, 10/22/2020 (D)		30,000		29,964
Constellation Brands, Inc.
2.650%, 11/07/2022		155,000		153,081
3.600%, 02/15/2028		125,000		122,434
4.400%, 11/15/2025		150,000		157,583
4.750%, 12/01/2025		233,000		248,559
Kraft Heinz Foods Company
3.000%, 06/01/2026		250,000		233,743
4.375%, 06/01/2046		25,000		21,721
4.625%, 01/30/2029		305,000		314,035
Reynolds American, Inc. 4.000%, 06/12/2022		40,000		40,867
Walmart, Inc. 3.400%, 06/26/2023		350,000		360,980
				7,119,483
Energy – 2.5%
Anadarko Petroleum Corp. 4.500%, 07/15/2044		30,000		28,320
Andeavor Logistics LP
4.250%, 12/01/2027		220,000		221,635
6.250%, 10/15/2022		15,000		15,413
Canadian Natural Resources, Ltd.
2.600%, 12/03/2019	CAD	100,000		74,912
3.050%, 06/19/2019		50,000		37,475
3.850%, 06/01/2027	$	380,000		380,681
Cimarex Energy Company 4.375%, 03/15/2029		370,000		381,031
Continental Resources, Inc.
4.500%, 04/15/2023		15,000		15,539
5.000%, 09/15/2022		36,000		36,269
DCP Midstream Operating LP
4.950%, 04/01/2022		20,000		20,475
5.600%, 04/01/2044		30,000		28,500
Encana Corp. 3.900%, 11/15/2021		130,000		132,379
Energy Transfer Operating LP
4.200%, 09/15/2023		95,000		98,232
4.500%, 04/15/2024		100,000		104,480
5.250%, 04/15/2029		380,000		408,132
6.250%, 04/15/2049		45,000		50,436
EQM Midstream Partners LP
4.125%, 12/01/2026		125,000		116,731
4.750%, 07/15/2023		30,000		30,610
5.500%, 07/15/2028		145,000		146,598
Hess Corp.
4.300%, 04/01/2027		370,000		366,748
6.000%, 01/15/2040		15,000		15,641
7.125%, 03/15/2033		293,000		339,812
7.300%, 08/15/2031		110,000		128,428

141

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Investment Quality Bond Trust (continued)
	Shares or
	Principal
	Amount		Value
CORPORATE BONDS (continued)
Energy (continued)
Kerr-McGee Corp. 6.950%, 07/01/2024	$	240,000	$	275,983
Marathon Oil Corp. 3.850%, 06/01/2025		70,000		70,908
Marathon Petroleum Corp. 3.800%, 04/01/2028 (C)		100,000		99,098
MPLX LP
4.000%, 03/15/2028		100,000		99,423
4.125%, 03/01/2027		165,000		166,173
4.700%, 04/15/2048		60,000		57,551
5.200%, 03/01/2047		40,000		40,659
Noble Energy, Inc. 5.050%, 11/15/2044		260,000		258,762
Petroleos Mexicanos
6.000%, 03/05/2020		30,000		30,689
6.750%, 09/21/2047		192,000		176,648
8.000%, 05/03/2019		20,000		20,060
QEP Resources, Inc. 5.375%, 10/01/2022		40,000		39,100
Sabine Pass Liquefaction LLC 4.200%, 03/15/2028		25,000		25,226
SM Energy Company 6.125%, 11/15/2022		35,000		35,000
Sunoco Logistics Partners Operations LP 4.000%, 10/01/2027		115,000		114,147
Texas Eastern Transmission LP
2.800%, 10/15/2022 (C)		175,000		172,503
3.500%, 01/15/2028 (C)		55,000		53,778
The Williams Companies, Inc. 4.300%, 03/04/2024		60,000		62,408
TransCanada PipeLines, Ltd.
4.750%, 05/15/2038		65,000		68,133
6.100%, 06/01/2040		20,000		23,677
Transcontinental Gas Pipe Line Company LLC 4.000%, 03/15/2028		55,000		56,174
Tullow Oil PLC 7.000%, 03/01/2025 (C)(E)		200,000		201,190
Valero Energy Corp.
3.400%, 09/15/2026		185,000		181,145
4.000%, 04/01/2029		80,000		80,528
Valero Energy Partners LP 4.500%, 03/15/2028		230,000		238,109
Western Midstream Operating LP
4.500%, 03/01/2028		250,000		248,137
4.750%, 08/15/2028		140,000		142,240
5.500%, 08/15/2048		15,000		14,663
WPX Energy, Inc. 5.250%, 09/15/2024		45,000		45,450
YPF SA 16.500%, 05/09/2022 (C)	ARS	6,797,946		106,114
				6,382,153
Financials – 8.6%
American Express Company 3.400%, 02/27/2023	$	275,000		279,307
Banco Bilbao Vizcaya Argentaria SA (6.125% to 11-16-27, then 5 Year U.S. Swap Rate + 3.870%) 11/16/2027 (E)(F)		200,000		178,500
Banco Bilbao Vizcaya Argentaria SA (8.875% to 4-14-21, then 5 Year Euro Swap Rate + 9.177%) 04/14/2021 (F)	EUR	200,000		246,704
Banco de Sabadell SA (6.500% to 5-18-22, then 5 Year Euro Swap Rate + 6.414%) 05/18/2022 (F)		200,000		212,909

Investment Quality Bond Trust (continued)
	Shares or
	Principal
	Amount		Value
CORPORATE BONDS (continued)
Financials (continued)
Bank of America Corp.
2.503%, 10/21/2022	$	105,000	$	103,709
4.200%, 08/26/2024		160,000		165,689
7.750%, 05/14/2038		400,000		556,143
Bank of America Corp. (3.124% to 1-20-22, then 3 month LIBOR + 1.160%) 01/20/2023		110,000		110,351
Bank of America Corp. (3.366% to 1-23-25, then 3 month LIBOR + 0.810%) 01/23/2026		740,000		741,015
Bank of America Corp. (3.705% to 4-24-27, then 3 month LIBOR + 1.512%) 04/24/2028		825,000		829,406
Bank of America Corp. (3.974% to 2-7-29, then 3 month LIBOR + 1.210%) 02/07/2030		215,000		219,356
BNP Paribas SA
2.950%, 05/23/2022 (C)		200,000		198,738
3.375%, 01/09/2025 (C)		270,000		264,380
4.400%, 08/14/2028 (C)		200,000		205,969
BNP Paribas SA (7.625% to 3-30-21, then 5 Year U.S. Swap Rate + 6.314%) 03/30/2021 (C)(F)		230,000		241,213
Caixa Geral de Depositos SA (10.750% to 3-30-22, then 5 Year Euro Swap Rate + 10.925%) 03/30/2022 (F)	EUR	200,000		257,731
Capital One Financial Corp. 3.900%, 01/29/2024	$	205,000		209,584
Citigroup, Inc.
3.200%, 10/21/2026		225,000		220,554
4.650%, 07/30/2045		23,000		24,507
4.750%, 05/18/2046		92,000		95,162
4.450%, 09/29/2027		140,000		144,019
Citigroup, Inc. (3 month LIBOR + 0.790%) 3.573%, 01/10/2020 (D)		100,000		100,379
Citigroup, Inc. (3 month LIBOR + 1.100%) 3.740%, 05/17/2024 (D)		335,000		336,459
Citigroup, Inc. (3.520% to 10-27-27, then 3 month LIBOR + 1.151%) 10/27/2028		125,000		122,955
Citigroup, Inc. (3.980% to 3-20-29, then 3 month LIBOR + 1.338%) 03/20/2030		630,000		641,115
Citigroup, Inc. (4.075% to 4-23-28, then 3 month LIBOR + 1.192%) 04/23/2029		220,000		225,765
CNO Financial Group, Inc. 5.250%, 05/30/2025		80,000		82,800
Credit Agricole SA (8.125% to 12-23-25, then 5 Year U.S. Swap Rate + 6.185%) 12/23/2025 (C)(F)		400,000		449,493
Credit Suisse Group AG (6.250% to 12-18-24, then 5 Year U.S. Swap Rate + 3.455%) 12/18/2024 (F)		475,000		473,549
DAE Funding LLC
4.500%, 08/01/2022 (C)		5,000		5,044
5.000%, 08/01/2024 (C)		5,000		5,063
Danske Bank A/S
5.000%, 01/12/2022 (C)		425,000		435,247
5.375%, 01/12/2024 (C)		450,000		468,194
Deutsche Bank AG 2.850%, 05/10/2019		30,000		29,986
GE Capital Australia Funding Pty, Ltd. 5.000%, 09/26/2019	AUD	80,000		57,201

142

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Investment Quality Bond Trust (continued)
	Shares or
	Principal
	Amount		Value
CORPORATE BONDS (continued)
Financials (continued)
GE Capital Canada Funding Company 5.680%, 09/10/2019	CAD	40,000	$	30,344
Genworth Holdings, Inc. 4.900%, 08/15/2023	$	50,000		42,125
GTP Acquisition Partners I LLC 3.482%, 06/16/2025 (C)		730,000		737,482
HSBC Bank Canada 2.491%, 05/13/2019	CAD	125,000		93,601
HSBC Holdings PLC 2.950%, 05/25/2021	$	200,000		199,969
HSBC Holdings PLC (3.262% to 3-13-22, then 3 month LIBOR + 1.055%) 03/13/2023		240,000		240,666
HSBC Holdings PLC (4.583% to 6-19-28, then 3 month LIBOR + 1.535%) 06/19/2029		200,000		210,468
HSBC Holdings PLC (6.000% to 5-22-27, then 5 Year U.S. ISDAFIX + 3.746%) 05/22/2027 (F)		225,000		223,088
Intesa Sanpaolo SpA 3.375%, 01/12/2023 (C)		200,000		195,296
Intesa Sanpaolo SpA (7.750% to 1-11-27, then 5 Year Euro Swap Rate + 7.192%) 01/11/2027 (F)	EUR	225,000		273,532
JPMorgan Chase & Co.
2.400%, 06/07/2021	$	185,000		183,668
2.750%, 06/23/2020		20,000		20,012
JPMorgan Chase & Co. (3.220% to 3-1-24, then 3 month LIBOR + 1.155%) 03/01/2025		295,000		295,469
JPMorgan Chase & Co. (3.509% to 1-23-28, then 3 month LIBOR + 0.945%) 01/23/2029		285,000		283,398
JPMorgan Chase & Co. (3.797% to 7-23-23, then 3 month LIBOR + 0.890%) 07/23/2024		295,000		303,044
JPMorgan Chase & Co. (3.960% to 1-29-26, then 3 month LIBOR + 1.245%) 01/29/2027		595,000		615,437
JPMorgan Chase & Co. (4.005% to 4-23-28, then 3 month LIBOR + 1.120%) 04/23/2029		225,000		231,319
Marsh & Mclennan Companies, Inc.
3.875%, 03/15/2024		175,000		181,656
4.375%, 03/15/2029		115,000		121,839
4.750%, 03/15/2039		120,000		130,060
Massachusetts Mutual Life Insurance Company 8.875%, 06/01/2039 (C)		31,000		48,800
MGIC Investment Corp. 5.750%, 08/15/2023		30,000		31,688
Morgan Stanley
2.500%, 04/21/2021		625,000		621,322
3.125%, 07/27/2026		55,000		53,612
3.625%, 01/20/2027		275,000		275,664
3.950%, 04/23/2027		165,000		165,301
4.000%, 07/23/2025		118,000		121,527
4.350%, 09/08/2026		70,000		71,872
Morgan Stanley (3 month LIBOR + 0.740%) 3.512%, 07/23/2019 (D)		50,000		50,104
Morgan Stanley (3.591% to 7-22-27, then 3 month LIBOR + 1.340%) 07/22/2028		530,000		526,457

Investment Quality Bond Trust (continued)
	Shares or
	Principal
	Amount		Value
CORPORATE BONDS (continued)
Financials (continued)
Morgan Stanley (4.431% to 1-23-29, then 3 month LIBOR + 1.628%) 01/23/2030	$	35,000	$	36,942
Navient Corp. 7.250%, 01/25/2022 to 09/25/2023		85,000		89,969
Santander Holdings USA, Inc. 3.700%, 03/28/2022		200,000		202,206
Societe Generale SA (7.375% to 9-13-21, then 5 Year U.S. Swap Rate + 6.238%) 09/13/2021 (C)(F)		375,000		386,719
Standard Chartered PLC (7.500% to 4-2-22, then 5 Year U.S. Swap Rate + 6.301%) 04/02/2022 (F)		200,000		208,500
The Bank of Nova Scotia (3 month LIBOR + 0.620%) 3.371%, 12/05/2019 (D)		100,000		100,335
The Goldman Sachs Group, Inc.
2.350%, 11/15/2021		50,000		49,239
5.150%, 05/22/2045		55,000		58,315
6.250%, 02/01/2041		90,000		111,906
6.750%, 10/01/2037		165,000		201,983
The Goldman Sachs Group, Inc. (2.876% to 10-31-21, then 3 month LIBOR + 0.821%) 10/31/2022		200,000		198,357
The Goldman Sachs Group, Inc. (2.905% to 7-24-22, then 3 month LIBOR + 0.990%) 07/24/2023		215,000		212,678
The Goldman Sachs Group, Inc. (3 month LIBOR + 0.800%) 3.579%, 12/13/2019 (D)		110,000		110,428
The Goldman Sachs Group, Inc. (3.691% to 6-5-27, then 3 month LIBOR + 1.510%) 06/05/2028		170,000		168,328
The Goldman Sachs Group, Inc. (3.814% to 4-23-28, then 3 month LIBOR + 1.158%) 04/23/2029		365,000		361,838
The Goldman Sachs Group, Inc. (4.017% to 10-31-37, then 3 month LIBOR + 1.373%) 10/31/2038		310,000		297,261
The Goldman Sachs Group, Inc. (4.223% to 5-1-28, then 3 month LIBOR + 1.301%) 05/01/2029		225,000		230,256
Toyota Motor Credit Corp. (3 month LIBOR + 0.140%) 2.754%, 11/14/2019 (D)		100,000		100,090
UBS Group Funding Switzerland AG 2.650%, 02/01/2022 (C)		380,000		376,705
UBS Group Funding Switzerland AG (6.875% to 3-22-21, then 5 Year U.S. ISDAFIX + 5.497%) 03/22/2021 (F)		300,000		307,125
UBS Group Funding Switzerland AG (7.000% to 2-19-25, then 5 Year U.S. Swap Rate + 4.866%) 02/19/2025 (F)		200,000		210,750
UniCredit SpA 6.572%, 01/14/2022 (C)		350,000		366,717
UniCredit SpA (5.375% to 6-3-25, then 5 Year Euro Swap Rate + 4.925%) 06/03/2025 (F)	EUR	200,000		192,488
UniCredit SpA (6.625% to 6-3-23, then 5 Year Euro Swap Rate + 6.387%) 06/03/2023 (F)		200,000		218,180
Wells Fargo & Company
2.625%, 07/22/2022	$	175,000		173,761
3.000%, 04/22/2026 to 10/23/2026		310,000		302,936

143

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (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 (continued)
3.069%, 01/24/2023	$	605,000	$	606,041
3.750%, 01/24/2024		330,000		339,717
4.400%, 06/14/2046		85,000		84,871
4.900%, 11/17/2045		15,000		16,003
5.606%, 01/15/2044		15,000		17,315
Wells Fargo & Company (3.584% to 5-22-27, then 3 month LIBOR + 1.310%) 05/22/2028		325,000		326,663
Willis North America, Inc. 3.600%, 05/15/2024		115,000		115,795
				22,297,433
Health care – 2.5%
Aetna, Inc. 2.800%, 06/15/2023		80,000		78,597
Allergan Funding SCS 3.450%, 03/15/2022		135,000		136,180
Amgen, Inc. 2.650%, 05/11/2022		155,000		154,538
Anthem, Inc.
3.500%, 08/15/2024		165,000		167,154
3.650%, 12/01/2027		75,000		74,888
4.625%, 05/15/2042		130,000		134,397
Bausch Health Companies, Inc. 6.500%, 03/15/2022 (C)		35,000		36,225
7.000%, 03/15/2024 (C)		10,000		10,580
Baxalta, Inc. 3.600%, 06/23/2022		11,000		11,060
Bayer US Finance II LLC 4.250%, 12/15/2025 (C)		460,000		465,240
Becton, Dickinson and Company
3.363%, 06/06/2024		490,000		490,600
3.700%, 06/06/2027		190,000		189,467
Boston Scientific Corp. 4.000%, 03/01/2028		270,000		277,807
Cardinal Health, Inc. 2.616%, 06/15/2022		235,000		232,015
Cigna Corp. 4.125%, 11/15/2025 (C)		180,000		186,359
4.375%, 10/15/2028 (C)		885,000		917,278
Community Health Systems, Inc.
5.125%, 08/01/2021		5,000		4,916
6.250%, 03/31/2023		50,000		46,938
CVS Health Corp.
3.875%, 07/20/2025		179,000		181,263
4.100%, 03/25/2025		435,000		446,861
5.050%, 03/25/2048		185,000		186,468
5.125%, 07/20/2045		170,000		173,363
GlaxoSmithKline Capital, Inc. 3.625%, 05/15/2025		325,000		336,429
IQVIA, Inc. 4.875%, 05/15/2023 (C)		70,000		71,232
Mylan NV 5.250%, 06/15/2046		75,000		67,600
Mylan, Inc.
4.550%, 04/15/2028		135,000		131,366
5.200%, 04/15/2048		65,000		58,872
Shire Acquisitions Investments Ireland DAC 2.400%, 09/23/2021		205,000		202,661
Teva Pharmaceutical Finance Netherlands III BV 2.800%, 07/21/2023		345,000		307,933
Thermo Fisher Scientific, Inc. 2.950%, 09/19/2026		20,000		19,289

Investment Quality Bond Trust (continued)
	Shares or
	Principal
	Amount		Value
CORPORATE BONDS (continued)
Health care (continued)
Thermo Fisher
Scientific, Inc. (continued) 3.000%, 04/15/2023	$	80,000	$	80,212
UnitedHealth Group, Inc.
3.500%, 06/15/2023		150,000		154,640
3.700%, 12/15/2025		110,000		114,189
3.750%, 07/15/2025		165,000		172,345
4.250%, 04/15/2047		5,000		5,236
4.750%, 07/15/2045		50,000		56,603
				6,380,801
Industrials – 1.4%
CSX Corp. 3.250%, 06/01/2027		335,000		330,962
Delta Air Lines, Inc.
3.625%, 03/15/2022		95,000		95,652
3.800%, 04/19/2023		130,000		131,422
Fluor Corp. 4.250%, 09/15/2028		265,000		265,253
Fortive Corp. 2.350%, 06/15/2021		105,000		103,900
HD Supply, Inc. 5.375%, 10/15/2026 (C)		25,000		25,500
IHS Markit, Ltd. 4.125%, 08/01/2023		630,000		642,499
Ingersoll-Rand Global Holding Company, Ltd. 2.900%, 02/21/2021		110,000		110,194
International Airport Finance SA 12.000%, 03/15/2033 (C)		330,000		351,780
Lockheed Martin Corp. 4.090%, 09/15/2052		161,000		163,783
Oshkosh Corp. 5.375%, 03/01/2025		35,000		35,919
Panhandle Eastern Pipe Line Company LP 8.125%, 06/01/2019		17,000		17,124
Sensata Technologies BV 5.000%, 10/01/2025 (C)		75,000		76,875
Standard Industries, Inc. 5.375%, 11/15/2024 (C)		85,000		87,125
Union Pacific Corp. 4.375%, 09/10/2038		345,000		359,890
United Rentals North America, Inc. 5.500%, 07/15/2025 to 05/15/2027		110,000		111,663
United Technologies Corp.
2.800%, 05/04/2024		15,000		14,819
3.650%, 08/16/2023		530,000		544,144
3.950%, 08/16/2025		185,000		192,262
4.625%, 11/16/2048		50,000		53,168
				3,713,934
Information technology – 1.8%
Apple, Inc. 3.450%, 02/09/2045		80,000		76,303
Broadcom Corp.
3.125%, 01/15/2025		75,000		71,929
3.625%, 01/15/2024		500,000		498,970
3.875%, 01/15/2027		705,000		673,970
Broadcom, Inc. 3.125%, 04/15/2021 (C)		645,000		644,239
Entegris, Inc. 4.625%, 02/10/2026 (C)		20,000		19,800
Fidelity National Information Services, Inc. 4.250%, 05/15/2028		95,000		97,763

144

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Investment Quality Bond Trust (continued)
	Shares or Principal Amount		Value
CORPORATE BONDS (continued)
Information technology (continued)
First Data Corp. 5.000%, 01/15/2024 (C)	$	55,000	$	56,320
Hewlett Packard Enterprise Company 6.350%, 10/15/2045		25,000		26,226
Intel Corp. 4.100%, 05/19/2046		100,000		105,883
Microchip Technology, Inc. 4.333%, 06/01/2023 (C)		185,000		189,087
Micron Technology, Inc. 4.975%, 02/06/2026		605,000		616,396
Microsoft Corp.
3.700%, 08/08/2046		70,000		71,661
3.950%, 08/08/2056		180,000		187,991
Nokia OYJ
4.375%, 06/12/2027		140,000		138,600
6.625%, 05/15/2039		40,000		42,700
NXP BV 4.875%, 03/01/2024 (C)		630,000		664,789
Oracle Corp. 4.000%, 11/15/2047		95,000		95,637
Qorvo, Inc. 5.500%, 07/15/2026 (C)		20,000		20,652
Versum Materials, Inc. 5.500%, 09/30/2024 (C)		20,000		21,025
Western Digital Corp. 4.750%, 02/15/2026		287,000		273,726
				4,593,667
Materials – 1.8%
Anglo American Capital PLC
4.750%, 04/10/2027 (C)		200,000		203,976
4.875%, 05/14/2025 (C)		280,000		291,433
ArcelorMittal 6.125%, 06/01/2025		60,000		66,544
Commercial Metals Company 5.375%, 07/15/2027		20,000		19,250
DowDuPont, Inc.
4.205%, 11/15/2023		410,000		428,920
4.725%, 11/15/2028		400,000		431,999
Kaiser Aluminum Corp. 5.875%, 05/15/2024		65,000		66,788
Klabin Austria GmbH 5.750%, 04/03/2029 (C)		760,000		755,934
Methanex Corp.
4.250%, 12/01/2024		170,000		169,804
5.650%, 12/01/2044		45,000		42,987
Nutrien, Ltd. 4.200%, 04/01/2029		55,000		56,556
Olin Corp. 5.125%, 09/15/2027 (E)		45,000		45,506
SABIC Capital II BV 4.000%, 10/10/2023 (C)		295,000		300,900
Steel Dynamics, Inc. 5.500%, 10/01/2024		20,000		20,650
Suzano Austria GmbH 6.000%, 01/15/2029 (C)		285,000		303,585
Syngenta Finance NV
4.892%, 04/24/2025 (C)		200,000		203,796
5.182%, 04/24/2028 (C)		200,000		203,435
The Chemours Company 5.375%, 05/15/2027		45,000		44,704
The Sherwin-Williams Company 3.450%, 06/01/2027		210,000		206,494
Vale Overseas, Ltd.
6.250%, 08/10/2026		505,000		548,935
6.875%, 11/10/2039		45,000		51,525

Investment Quality Bond Trust (continued)
	Shares or
	Principal
	Amount		Value
CORPORATE BONDS (continued)
Materials (continued)
WRKCo, Inc. 4.650%, 03/15/2026	$	290,000	$	307,840
				4,771,561
Real estate – 0.6%
Crown Castle International Corp.
3.150%, 07/15/2023		125,000		124,937
3.200%, 09/01/2024		35,000		34,753
SBA Tower Trust
2.898%, 10/11/2044 (C)		505,000		504,416
3.168%, 04/09/2047 (C)		530,000		527,266
3.448%, 03/15/2023 (C)		435,000		437,814
				1,629,186
Utilities – 1.7%
ACWA Power Management and
Investments One, Ltd. 5.950%, 12/15/2039 (C)		459,000		462,319
AmeriGas Partners LP
5.625%, 05/20/2024		20,000		20,325
5.875%, 08/20/2026		40,000		39,950
Berkshire Hathaway Energy Company 3.250%, 04/15/2028		135,000		134,254
DTE Energy Company 1.500%, 10/01/2019		130,000		129,079
Duke Energy Florida LLC 3.400%, 10/01/2046		305,000		283,071
Duke Energy Progress LLC
3.600%, 09/15/2047		55,000		52,691
3.700%, 10/15/2046		70,000		68,464
Exelon Corp.
2.450%, 04/15/2021		50,000		49,428
2.850%, 06/15/2020		250,000		249,753
3.950%, 06/15/2025		300,000		310,725
Fortis, Inc. 2.100%, 10/04/2021		75,000		73,377
Georgia Power Company 2.000%, 09/08/2020		480,000		475,619
IPALCO Enterprises, Inc. 3.700%, 09/01/2024		175,000		176,184
NextEra Energy Capital Holdings, Inc. 3.150%, 04/01/2024		315,000		316,571
Oncor Electric Delivery Company LLC 5.750%, 03/15/2029		70,000		83,699
Pacific Gas & Electric Company
2.950%, 03/01/2026 (G)		80,000		70,000
3.300%, 12/01/2027 (G)		540,000		471,150
3.500%, 06/15/2025 (G)		70,000		62,300
6.050%, 03/01/2034 (G)		305,000		302,713
Sempra Energy 2.400%, 02/01/2020		155,000		154,302
South Carolina Electric & Gas Company 4.250%, 08/15/2028		90,000		97,179
The AES Corp.
4.000%, 03/15/2021		35,000		35,469
4.500%, 03/15/2023		15,000		15,150
5.125%, 09/01/2027		5,000		5,201
The Southern Company 2.950%, 07/01/2023		70,000		69,817
3.250%, 07/01/2026		180,000		176,612
				4,385,402
TOTAL CORPORATE BONDS (Cost $74,012,790)			$	75,109,939
MUNICIPAL BONDS – 0.7%
Chicago Board of Education (Illinois) 6.138%, 12/01/2039		85,000		85,323

145

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Investment Quality Bond Trust (continued)
	Shares or
	Principal
	Amount		Value
MUNICIPAL BONDS (continued)
Chicago Board of Education (Illinois) (continued) 6.319%, 11/01/2029	$	185,000	$	190,363
City of Chicago (Illinois)
7.045%, 01/01/2029		145,000		161,790
7.375%, 01/01/2033		460,000		513,079
Municipal Electric Authority of Georgia 6.637%, 04/01/2057		171,000		192,443
State of California 7.550%, 04/01/2039		160,000		242,995
State of Illinois, GO
4.950%, 06/01/2023		205,000		210,826
5.000%, 01/01/2023		40,000		41,144
5.563%, 02/01/2021		80,000		83,461
TOTAL MUNICIPAL BONDS (Cost $1,664,231)			$	1,721,424
TERM LOANS (H) – 1.6%
Communication services – 0.3%
CSC Holdings LLC, 2018 Term Loan B (1 month LIBOR + 2.500%) 4.984%, 01/25/2026		99,250		97,099
Formula One Management, Ltd., 2018 USD Term Loan (1 month LIBOR + 2.500%) 4.999%, 02/01/2024		131,829		126,786
ION Media Networks, Inc., 2017 Term Loan B3 (1 month LIBOR + 2.750%) 5.249%, 12/18/2020		206,003		205,231
Sprint Communications, Inc., 1st Lien Term Loan B (1 month LIBOR + 2.500%) 5.000%, 02/02/2024		137,200		133,427
Univision Communications, Inc., Term Loan C5 (1 month LIBOR + 2.750%) 5.249%, 03/15/2024		99,584		93,678
				656,221
Consumer discretionary – 0.3%
APX Group, Inc., 2018 Term Loan B (Prime rate + 4.000% and 1 month LIBOR + 5.000%) 7.501%, 04/01/2024		199,000		193,653
Bass Pro Group LLC, Term Loan B (1 month LIBOR + 5.000%) 7.499%, 09/25/2024		98,500		96,136
Boyd Gaming Corp., Term Loan B3 (1 week LIBOR + 2.250%) 4.658%, 09/15/2023		104,543		103,531
Caesars Resort Collection LLC, 2017 1st Lien Term Loan B (1 month LIBOR + 2.750%) 5.249%, 12/22/2024		109,899		108,329
Golden Entertainment, Inc., 2017 1st Lien Term Loan (1 month LIBOR + 3.000%) 5.500%, 10/21/2024		123,438		122,203
Panther BF Aggregator 2 LP, Term Loan B 03/18/2026 TBD (I)		100,000		98,813
Staples, Inc., 2017 Term Loan B (1 month LIBOR + 4.000%) 6.489%, 09/12/2024		128,375		127,206
				849,871
Consumer staples – 0.2%
Brightview Landscapes LLC, 2018 1st Lien Term Loan B (1 month LIBOR + 2.500%) 4.999%, 08/15/2025		172,253		170,889
Coty, Inc., 2018 USD Term Loan B (1 month LIBOR + 2.250%) 4.742%, 04/07/2025		168,551		162,863

Investment Quality Bond Trust (continued)
	Shares or
	Principal
	Amount		Value
TERM LOANS (H) (continued)
Consumer staples (continued)
Post Holdings, Inc., 2017 Series A Incremental Term Loan (1 month LIBOR + 2.000%) 4.490%, 05/24/2024	$	35,714	$	35,362
Reynolds Group Holdings, Inc., USD 2017 Term Loan (1 month LIBOR + 2.750%) 5.249%, 02/05/2023		116,639		115,181
				484,295
Energy – 0.1%
California Resources Corp., Second Out Term Loan (1 month LIBOR + 10.375%) 12.871%, 12/31/2021		110,000		115,844
Foresight Energy LLC, 2017 1st Lien Term Loan (3 month LIBOR + 5.750%) 8.379%, 03/28/2022		124,541		121,531
				237,375
Financials – 0.1%
Asurion LLC, 2018 Term Loan B6 (1 month LIBOR + 3.000%) 5.499%, 11/03/2023		187,346		186,293
Health care – 0.2%
Bausch Health Americas, Inc., 2018 Term Loan B (1 month LIBOR + 3.000%) 5.481%, 06/02/2025		92,500		91,840
Change Healthcare Holdings LLC, 2017 Term Loan B (1 month LIBOR + 2.750%) 5.249%, 03/01/2024		144,000		141,975
Endo International PLC, 2017 Term Loan B (1 month LIBOR + 4.250%) 6.749%, 04/29/2024		147,375		144,390
MPH Acquisition Holdings LLC, 2016 Term Loan B (3 month LIBOR + 2.750%) 5.351%, 06/07/2023		97,622		94,359
One Call Corp., 2018 Term Loan B (1 month LIBOR + 5.250%) 7.732%, 11/25/2022		79,071		66,749
US Renal Care, Inc., 2015 1st Lien Term Loan (3 month LIBOR + 4.250%) 6.851%, 12/30/2022		100,903		100,694
				640,007
Industrials – 0.2%
AVSC Holding Corp., 2018 1st Lien Term Loan (1 week, 1 and 3 month LIBOR + 3.250%) 5.759%, 03/01/2025		74,436		72,389
Brand Industrial Services, Inc., 2017 Term Loan (2 and 3 month LIBOR + 4.250%) 6.956%, 06/21/2024		196,500		187,848
Gardner Denver, Inc., 2017 USD Term Loan B (1 month LIBOR + 2.750%) 5.249%, 07/30/2024		124,319		124,116
RBS Global, Inc., 2017 Term Loan B (1 month LIBOR + 2.000%) 4.499%, 08/21/2024		58,169		57,534
TransDigm, Inc., 2018 Term Loan E (1 month LIBOR + 2.500%) 4.999%, 05/30/2025		98,682		95,968
				537,855
Information technology – 0.1%
Conduent Business Services LLC, USD Term Loan B (1 month LIBOR + 2.500%) 4.999%, 12/07/2023		127,075		126,281

146

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Investment Quality Bond Trust (continued)
	Shares or
	Principal
	Amount		Value
TERM LOANS (H) (continued)
Information technology (continued)
First Data Corp., 2017 USD Term Loan (1 month LIBOR + 2.000%) 4.486%, 07/08/2022	$	114,953	$	114,663
WEX, Inc., 2017 Term Loan B2 (1 month LIBOR + 2.250%) 4.749%, 06/30/2023		145,259		143,704
				384,648
Materials – 0.1%
Berry Global, Inc., 2018 Term Loan T (1 month LIBOR + 1.750%) 4.243%, 01/06/2021		223,197		222,222
TOTAL TERM LOANS (Cost $4,263,040)			$	4,198,787
COLLATERALIZED MORTGAGE OBLIGATIONS – 14.4%
Commercial and residential – 10.5%
Alternative Loan Trust
Series 2005-27, Class 2A1 (12 month Treasury Average Index + 1.350%), 3.682%, 08/25/2035 (D)		207,139		188,834
Series 2005-56, Class 5A1 (1 month LIBOR + 0.320%), 2.810%, 11/25/2035 (D)		90,017		82,436
Series 2005-72, Class A1 (1 month LIBOR + 0.540%), 3.030%, 01/25/2036 (D)		26,813		25,613
Series 2005-7CB, Class 2A8 (1 month LIBOR + 0.450%), 2.940%, 04/25/2035 (D)		171,626		158,275
Series 2006-9T1, Class A1, 5.750%, 05/25/2036		116,314		83,901
American Home Mortgage Assets Trust
Series 2006-3, Class 2A11 (12 month Treasury Average Index + 0.940%), 3.272%, 10/25/2046 (D)		49,930		44,078
Series 2007-2, Class A1 (1 month LIBOR + 0.125%), 2.615%, 03/25/2047 (D)		28,342		25,823
Angel Oak Mortgage Trust I LLC Series 2019-2, Class A1 3.628%, 03/25/2049 (C)(J)		235,000		234,923
BANK Series 2017-BNK8, Class XA IO 0.748%, 11/15/2050		4,494,052		235,585
BBCMS Mortgage Trust
Series 2017-C1, Class XA IO, 1.511%, 02/15/2050		3,418,074		307,482
Series 2017-DELC, Class A (1 month LIBOR + 0.850%), 3.339%, 08/15/2036 (C)(D)		949,000		944,379
BBCMS Trust Series 2013-TYSN, Class A2 3.756%, 09/05/2032 (C)		330,000		333,405
BCAP LLC Trust Series 2006-AA2, Class A1 (1 month LIBOR + 0.170%) 2.660%, 01/25/2037 (D)		152,505		142,639
Bear Stearns ALT-A Trust Series 2005-10, Class 11A1 (1 month LIBOR + 0.500%) 2.990%, 01/25/2036 (D)		199,879		204,324
Bear Stearns Mortgage Funding Trust Series 2006-AR3, Class 1A1 (1 month LIBOR + 0.180%) 2.670%, 10/25/2036 (D)		16,588		15,326

Investment Quality Bond Trust (continued)
	Shares or
	Principal
	Amount		Value
COLLATERALIZED MORTGAGE
OBLIGATIONS (continued)
Commercial and residential (continued)
Bellemeade Re, Ltd.
Series 2018-2A, Class M1A (1 month LIBOR + 0.950%), 3.440%, 08/25/2028 (C)(D)	$	626,842	$	627,164
Series 2018-3A, Class M1A (1 month LIBOR + 1.200%), 3.690%, 10/25/2027 (C)(D)		684,000		683,576
Series 2019-1A, Class M1A (1 month LIBOR + 1.300%), 3.458%, 03/25/2029 (C)(D)		625,000		625,000
Benchmark Mortgage Trust
Series 2018-B1, Class XA IO, 0.527%, 01/15/2051		1,347,630		49,390
Series 2018-B4, Class XA IO, 0.543%, 07/15/2051		2,399,051		88,688
CAMB Commercial Mortgage Trust Series 2019-LIFE, Class F (1 month LIBOR + 2.550%) 5.039%, 12/15/2037 (C)(D)		355,000		356,995
Chase Mortgage Finance Trust Series 2005-S3, Class A10 5.500%, 11/25/2035		202,805		196,656
CHL Mortgage Pass-Through Trust
Series 2005-2, Class 2A3 (1 month LIBOR + 0.680%), 3.170%, 03/25/2035 (D)		46,722		43,246
Series 2007-HY4, Class 1A1, 4.027%, 09/25/2047 (J)		131,852		122,848
CIM Trust Series 2017-7, Class A 3.000%, 04/25/2057 (C)(J)		676,298		672,484
Citigroup Commercial Mortgage Trust
Series 2014-GC23, Class XA IO, 0.984%, 07/10/2047		2,180,028		90,578
Series 2015-GC29, Class AA IO, 1.106%, 04/10/2048		2,036,658		94,800
Civic Mortgage LLC Series 2018-1, Class A1 3.892%, 06/25/2022 (C)		117,177		116,937
COLT Mortgage Loan Trust Series 2019-2, Class A1 3.337%, 05/25/2049 (C)(J)		470,000		469,999
Commercial Mortgage Trust (Bank of America Merrill Lynch/Deutsche Bank AG) Series 2013-WWP, Class A2 3.424%, 03/10/2031 (C)		800,000		821,161
Commercial Mortgage Trust (Cantor Fitzgerald/Deutsche Bank AG)
Series 2014-CR16, Class A4, 4.051%, 04/10/2047		480,000		503,107
Series 2014-CR17, Class A5, 3.977%, 05/10/2047		390,000		408,459
Series 2015-LC19, Class A4, 3.183%, 02/10/2048		625,105		631,229
Commercial Mortgage Trust (Deutsche Bank AG) Series 2013-300P, Class A1 4.353%, 08/10/2030 (C)		260,000		274,435
CSAIL Commercial Mortgage Trust Series 2015-C1, Class A4, 3.505%, 04/15/2050		15,000		15,396

147

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (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)
CSAIL Commercial Mortgage Trust (continued)
Series 2015-C2, Class XA IO, 0.792%, 06/15/2057	$	5,389,889	$	198,184
Series 2016-C6, Class XA IO, 1.793%, 01/15/2049		1,680,213		145,291
CSMC Trust Series 2017-FHA1, Class A1 3.250%, 04/25/2047 (C)(J)		279,649		273,002
Deephaven Residential Mortgage Trust Series 2017-2A, Class A1 2.453%, 06/25/2047 (C)(J)		137,981		136,377
Deutsche Alt-A Securities Mortgage Loan Trust Series 2007-AR2, Class A1 (1 month LIBOR + 0.150%) 2.640%, 03/25/2037 (D)		72,171		66,081
FREMF Mortgage Trust
Series 2010-K8, Class B, 5.278%, 09/25/2043 (C)(J)		520,000		532,384
Series 2014-K503, Class B, 3.008%, 10/25/2047 (C)(J)		465,000		464,297
GMACM Mortgage Loan Trust Series 2006-AR1, Class 1A1 4.274%, 04/19/2036 (J)		181,593		163,853
GS Mortgage Securities Trust
Series 2012-ALOH, Class A, 3.551%, 04/10/2034 (C)		670,000		682,575
Series 2014-GC20, Class A5, 3.998%, 04/10/2047		395,000		413,089
GSR Mortgage Loan Trust
Series 2006-AR1, Class 2A1, 4.412%, 01/25/2036 (J)		8,320		8,352
Series 2007-1F, Class 4A1 (1 month LIBOR + 0.300%), 2.790%, 01/25/2037 (D)		122,548		65,536
HarborView Mortgage Loan Trust
Series 2005-8, Class 1A2A (1 month LIBOR + 0.660%), 3.140%, 09/19/2035 (D)		47,689		42,329
Series 2006-12, Class 2A13 (1 month LIBOR + 0.240%), 2.720%, 12/19/2036 (D)		241,775		222,414
Series 2007-7, Class 2A1B (1 month LIBOR + 1.000%), 3.490%, 10/25/2037 (D)		100,702		84,033
Series 2006-12, Class 2A2A (1 month LIBOR + 0.190%), 2.670%, 01/19/2038 (D)		86,704		82,597
Home Re, Ltd. Series 2018-1, Class M1 (1 month LIBOR + 1.600%) 4.090%, 10/25/2028 (C)(D)		365,000		365,689
IndyMac INDA Mortgage Loan Trust Series 2006-AR3, Class 1A1 4.374%, 12/25/2036 (J)		67,139		63,339
JPMBB Commercial Mortgage Securities Trust
Series 2014-C19, Class A4, 3.997%, 04/15/2047		395,000		414,125
Series 2014-C22, Class A4, 3.801%, 09/15/2047		135,000		140,320

Investment Quality Bond Trust (continued)
	Shares or
	Principal
	Amount		Value
COLLATERALIZED MORTGAGE
OBLIGATIONS (continued)
Commercial and residential (continued)
JPMDB Commercial Mortgage Securities Trust Series 2016-C4, Class A3 3.141%, 12/15/2049	$	735,000	$	736,052
JPMorgan Mortgage Trust Series 2006-A3, Class 3A2 3.939%, 05/25/2036 (J)		18,518		18,053
Lehman XS Trust Series 2006-16N, Class A4A (1 month LIBOR + 0.190%) 2.680%, 11/25/2046 (D)		188,068		175,960
LSTAR Securities Investment Trust Series 2019-1, Class A1 (1 month LIBOR + 1.700%) 4.191%, 03/01/2024 (C)(D)		420,000		420,276
LSTAR Securities Investment, Ltd.
Series 2017-6, Class A (1 month LIBOR + 1.750%), 4.239%, 09/01/2022 (C)(D)		150,117		150,163
Series 2017-8, Class A (1 month LIBOR + 1.650%), 4.139%, 11/01/2022 (C)(D)		169,380		169,444
Luminent Mortgage Trust Series 2006-4, Class A1A (1 month LIBOR + 0.190%) 2.680%, 05/25/2046 (D)		177,662		158,458
MASTR Adjustable Rate Mortgages Trust Series 2004-13, Class 3A7 4.436%, 11/21/2034 (J)		35,310		36,281
MFA Trust Series 2017-RPL1, Class A1 2.588%, 02/25/2057 (C)(J)		153,130		151,546
Morgan Stanley Bank of America Merrill Lynch Trust Series 2014-C19, Class XA IO 1.096%, 12/15/2047		1,543,387		53,853
Morgan Stanley Capital I Trust
Series 2014-MP, Class A, 3.469%, 08/11/2033 (C)		475,000		481,986
Series 2017-H1, Class XA IO, 1.447%, 06/15/2050		775,105		61,778
MTRO Commercial Mortgage Trust Series 2019-TECH, Class D (1 month LIBOR + 1.800%) 4.289%, 12/15/2033 (C)(D)		300,000		300,281
New Residential Mortgage Loan Trust
Series 2016-2A, Class A1, 3.750%, 11/26/2035 (C)(J)		474,178		479,526
Series 2016-4A, Class A1, 3.750%, 11/25/2056 (C)(J)		476,940		481,962
Series 2017-1A, Class A1, 4.000%, 02/25/2057 (C)(J)		893,303		909,365
Series 2017-2A, Class A3, 4.000%, 03/25/2057 (C)(J)		815,849		833,982
Series 2017-3A, Class A1, 4.000%, 04/25/2057 (C)(J)		655,099		669,417
Series 2017-4A, Class A1, 4.000%, 05/25/2057 (C)(J)		526,791		538,337
Series 2017-5A, Class A1 (1 month LIBOR + 1.500%), 3.990%, 06/25/2057 (C)(D)		584,051		592,870

148

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (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 2018-4A, Class A1S (1 month LIBOR + 0.750%), 3.240%, 01/25/2048 (C)(D)	$	779,112	$	773,581
Oaktown Re II, Ltd. Series 2018-1A, Class M1 (1 month LIBOR + 1.550%) 4.040%, 07/25/2028 (C)(D)		455,000		453,814
OBP Depositor LLC Trust Series 2010-OBP, Class A 4.646%, 07/15/2045 (C)		311,000		314,767
OBX Trust Series 2019-INV1, Class A8 4.000%, 11/25/2048 (C)(J)		809,176		822,847
PMT Credit Risk Transfer Trust Series 2019-1R, Class A (1 month LIBOR + 2.000%) 4.484%, 03/27/2024 (C)(D)		420,000		421,006
RALI Series Trust
Series 2007-QH7, Class 1A1 (1 month LIBOR + 0.250%), 2.740%, 08/25/2037 (D)		96,020		89,399
Series 2007-QH9, Class A1, 3.600%, 11/25/2037 (J)		90,263		80,639
STACR Trust Series 2018-HRP1, Class M2 (1 month LIBOR + 1.650%) 4.140%, 04/25/2043 (C)(D)		179,540		180,683
Verus Securitization Trust Series 2018-2, Class A1 3.677%, 06/01/2058 (C)(J)		558,278		563,639
WaMu Mortgage Pass-Through Certificates Series 2007-HY6, Class 1A1 3.589%, 06/25/2037 (J)		24,717		23,076
Washington Mutual Mortgage Pass-Through Certificates Series 2006-5, Class 1A1 (1 month LIBOR + 0.600%) 3.090%, 07/25/2036 (D)		36,304		24,628
Wells Fargo Commercial Mortgage Trust
Series 2014-LC16, Class A5, 3.817%, 08/15/2050		310,000		322,962
Series 2015-NXS1, Class D, 4.100%, 05/15/2048 (J)		40,000		37,764
Series 2015-NXS1, Class XA IO, 1.151%, 05/15/2048		2,062,751		93,128
Series 2015-NXS3, Class XA IO, 1.145%, 09/15/2057		4,581,294		198,843
Wells Fargo Mortgage Backed Securities Trust Series 2006-AR2, Class 2A1 4.938%, 03/25/2036 (J)		22,509		22,951
WF-RBS Commercial Mortgage Trust
Series 2014-C19, Class A5, 4.101%, 03/15/2047		304,634		321,207
Series 2014-C20, Class A5, 3.995%, 05/15/2047		600,000		629,206
				27,276,768

Investment Quality Bond Trust (continued)
	Shares or
	Principal
	Amount		Value
COLLATERALIZED MORTGAGE
OBLIGATIONS (continued)
U.S. Government Agency – 3.9%
Federal Home Loan Mortgage Corp.
Series 3883, Class PB, 3.000%, 05/15/2041	$	141,686	$	143,599
Series 4139, Class PA, 2.500%, 11/15/2041		540,786		537,448
Series K064, Class X1 IO, 0.608%, 03/25/2027		2,314,216		96,503
Series K068, Class A2, 3.244%, 08/25/2027		545,000		559,044
Federal National Mortgage Association
Series 2012-18, Class GA, 2.000%, 12/25/2041		237,810		232,962
Series 2012-21, Class PQ, 2.000%, 09/25/2041		123,632		120,305
Series 2012-52, Class PA, 3.500%, 05/25/2042		140,811		145,434
Series 2012-75, Class KC, 2.500%, 12/25/2041		258,610		256,451
Series 2014-04, Class 1M2 (1 month LIBOR + 4.900%), 7.390%, 11/25/2024 (D)		144,726		162,442
Series 2015-04, Class 1M2 (1 month LIBOR + 5.700%), 8.190%, 04/25/2028 (D)		78,644		89,985
Series 2015-48, Class QB, 3.000%, 02/25/2043		336,531		337,452
Series 2016-11, Class GA, 2.500%, 03/25/2046		215,238		213,608
Series 2016-38, Class NA , 3.000%, 01/25/2046		91,655		92,140
Series 2016-C02, Class 1M2 (1 month LIBOR + 6.000%), 8.490%, 09/25/2028 (D)		68,452		78,003
Series 2016-C07, Class 2M2 (1 month LIBOR + 4.350%), 6.840%, 05/25/2029 (D)		485,000		531,033
Series 2017-26, Class CG, 3.500%, 07/25/2044		361,709		369,883
Series 2017-34, Class JK, 3.000%, 05/25/2047		197,137		197,755
Series 2017-72, Class B, 3.000%, 09/25/2047		304,926		304,470
Series 2017-72, Class CD, 3.000%, 09/25/2047		317,544		317,059
Series 2017-96, Class PA, 3.000%, 12/25/2054		368,614		369,560
Series 2017-C01, Class 1M2 (1 month LIBOR + 3.550%), 6.040%, 07/25/2029 (D)		240,000		257,806
Series 2018-19, Class DC, 3.500%, 05/25/2056		175,138		179,401
Series 2018-23, Class LA, 3.500%, 04/25/2048		291,164		304,652
Series 2018-38, Class PC, 3.500%, 03/25/2045		358,214		365,987
Series 2018-70, Class HA, 3.500%, 10/25/2056		357,822		367,035
Series 2018-72, Class BA, 3.500%, 07/25/2054		474,588		483,420
Series 2018-77, Class PA, 3.500%, 02/25/2048		162,103		165,589
Series 2018-80, Class GD, 3.500%, 12/25/2047		383,353		390,827

149

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (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 National Mortgage Association (continued)
Series 2019-12, Class HA, 3.500%, 11/25/2057	$	704,000	$	717,578
Series 2019-14, Class CA, 3.500%, 04/25/2049		336,892		341,291
Series 2019-15, Class AB, 3.500%, 05/25/2053		334,388		339,038
Series 2019-7, Class CA, 3.500%, 11/25/2057		341,994		348,894
Series 2019-7, Class JA, 3.500%, 03/25/2049		346,018		354,840
Government National Mortgage Association
Series 2006-38, Class XS IO, 4.769%, 09/16/2035		67,945		7,494
Series 2013-37, Class LG, 2.000%, 01/20/2042		374,596		362,764
				10,141,752
TOTAL COLLATERALIZED MORTGAGE OBLIGATIONS (Cost $37,248,263)			$	37,418,520
ASSET BACKED SECURITIES – 18.6%
ABFC Trust Series 2006-HE1, Class A2D (1 month LIBOR + 0.220%) 2.710%, 01/25/2037 (D)		136,876		89,225
AIMCO CLO Series 2015-AA, Class AR (3 month LIBOR + 0.850%) 3.637%, 01/15/2028 (C)(D)		365,000		363,060
ALM XII, Ltd. Series 2015-12A, Class A1R2 (3 month LIBOR + 0.890%) 3.669%, 04/16/2027 (C)(D)		775,000		771,985
Anchorage Capital CLO, Ltd. Series 2016-9A, Class A (3 month LIBOR + 1.510%) 4.297%, 01/15/2029 (C)(D)		446,849		446,903
Apidos CLO XXI Series 2015-21A, Class A1R (3 month LIBOR + 0.930%) 3.710%, 07/18/2027 (C)(D)		1,080,000		1,074,500
Atlas Senior Loan Fund IX, Ltd. Series 2018-9A, Class A (3 month LIBOR + 0.870%) 3.631%, 04/20/2028 (C)(D)		800,000		793,309
Atlas Senior Loan Fund, Ltd. Series 2013-2A, Class A1RR (3 month LIBOR + 0.680%) 3.296%, 02/17/2026 (C)(D)		387,531		386,324
Atrium XII Series 2012-A, Class AR (3 month LIBOR + 0.830%) 3.591%, 04/22/2027 (C)(D)		765,000		760,386
Atrium XIII Series 2013-A, Class A1 (3 month LIBOR + 1.180%) 3.941%, 11/21/2030 (C)(D)		658,000		656,473
Avery Point IV CLO, Ltd. Series 2014-1A, Class AR (3 month LIBOR + 1.100%) 3.871%, 04/25/2026 (C)(D)		610,012		610,018

Investment Quality Bond Trust (continued)
	Shares or
	Principal
	Amount		Value
ASSET BACKED SECURITIES (continued)
Avery Point VI CLO, Ltd. Series 2015-6A, Class AR (3 month LIBOR + 1.050%) 3.783%, 08/05/2027 (C)(D)	$	1,230,000	$	1,228,219
Bayview Koitere Fund Trust Series 2017-RT4, Class A 3.500%, 07/28/2057 (C)(J)		701,790		705,109
Bayview Mortgage Fund IVc Trust Series 2017-RT3, Class A 3.500%, 01/28/2058 (C)(J)		468,839		470,275
Bayview Opportunity Master Fund IVa Trust
Series 2017-SPL1, Class A 4.000%, 10/28/2064 (C)(J)		576,396		585,476
Series 2017-SPL5, Class A 3.500%, 06/28/2057 (C)(J)		352,759		353,875
Bayview Opportunity Master Fund IVb Trust
Series 2017-SPL3, Class A 4.000%, 11/28/2053 (C)(J)		269,130		273,486
Series 2017-SPL4, Class A 3.500%, 01/28/2055 (C)(J)		303,452		304,369
CAL Funding II, Ltd. Series 2012-1A, Class A 3.470%, 10/25/2027 (C)		71,667		71,655
Carlyle Global Market Strategies CLO, Ltd.
Series 2015-2A, Class A1R (3 month LIBOR + 0.780%) 3.545%, 04/27/2027 (C)(D)		770,000		768,713
Series 2016-3A, Class A2 (3 month LIBOR + 1.900%) 4.661%, 10/20/2029 (C)(D)		430,000		430,169
CBAM, Ltd.
Series 2017-3A, Class A (3 month LIBOR + 1.230%) 4.003%, 10/17/2029 (C)(D)		710,000		709,426
Series 2018-8A, Class A1 (3 month LIBOR + 1.120%) 3.562%, 10/20/2029 (C)(D)		395,000		392,750
Cent CLO, Ltd. Series 2014-21A, Class A1RA (3 month LIBOR + 1.150%) 3.915%, 07/27/2030 (C)(D)		590,000		583,213
CIFC Funding, Ltd. Series 2014-2RA, Class A1 (3 month LIBOR + 1.050%) 3.829%, 04/24/2030 (C)(D)		890,000		881,337
CIG Auto Receivables Trust Series 2017-1A, Class A 2.710%, 05/15/2023 (C)		66,808		66,665
CLUB Credit Trust Series 2017-P2, Class A 2.610%, 01/15/2024 (C)		187,238		186,455
Covenant Credit Partners CLO III, Ltd. Series 2017-1A, Class B (3 month LIBOR + 1.850%) 4.637%, 10/15/2029 (C)(D)		250,000		248,364
Credit Acceptance Auto Loan Trust Series 2017-3A, Class A 2.650%, 06/15/2026 (C)		300,000		299,034
Domino’s Pizza Master Issuer LLC Series 2018-1A, Class A2I 4.116%, 07/25/2048 (C)		367,225		372,759

150

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Investment Quality Bond Trust (continued)
	Shares or
	Principal
	Amount		Value
ASSET BACKED SECURITIES (continued)
Dryden Senior Loan Fund Series 2013-30A, Class AR (3 month LIBOR + 0.820%) 3.436%, 11/15/2028 (C)(D)	$	819,000	$	812,172
First Franklin Mortgage Loan Trust Series 2006-FF12, Class A5 (1 month LIBOR + 0.310%) 2.800%, 09/25/2036 (D)		240,000		216,106
Galaxy XIX CLO, Ltd. Series 2015-19A, Class A1R (3 month LIBOR + 1.220%) 3.999%, 07/24/2030 (C)(D)		895,000		892,581
GSAA Home Equity Trust
Series 2006-15, Class AF6 5.876%, 09/25/2036		436,405		204,007
Series 2006-20, Class 2A1A (1 month LIBOR + 0.050%) 2.540%, 12/25/2046 (D)		335,430		221,887
Series 2006-10, Class AF3 5.985%, 06/25/2036 (J)		174,621		79,616
GSAA Trust Series 2005-7, Class AF4 5.058%, 05/25/2035		325,000		333,594
GSAMP Trust Series 2007-FM2, Class A2B (1 month LIBOR + 0.090%) 2.580%, 01/25/2037 (D)		259,005		169,095
LCM XX LP Series 2020-A, Class AR (3 month LIBOR + 1.040%) 3.801%, 10/20/2027 (C)(D)		490,000		488,974
LCM XXV, Ltd. Series 25A, Class A (3 month LIBOR + 1.210%) 3.971%, 07/20/2030 (C)(D)		835,000		833,498
Legacy Mortgage Asset Trust Series 2018-GS1, Class A1 4.000%, 03/25/2058 (C)		869,526		869,077
Lendmark Funding Trust Series 2017-1A, Class A 2.830%, 12/22/2025 (C)		360,000		356,907
Madison Park Funding XI, Ltd. Series 2013-11A, Class AR (3 month LIBOR + 1.160%) 3.932%, 07/23/2029 (C)(D)		721,000		721,167
Madison Park Funding XII, Ltd. Series 2014-12A, Class B1R (3 month LIBOR + 1.650%) 4.411%, 07/20/2026 (C)(D)		530,000		529,987
Magnetite IX, Ltd. Series 2014-9A, Class A1R (3 month LIBOR + 1.000%) 3.771%, 07/25/2026 (C)(D)		748,822		748,825
Magnetite VII, Ltd. Series 2012-7A, Class A1R2 (3 month LIBOR + 0.800%) 3.587%, 01/15/2028 (C)(D)		650,000		640,912
Magnetite VIII, Ltd. Series 2014-8A, Class AR2 (3 month LIBOR + 0.980%) 3.767%, 04/15/2031 (C)(D)		515,000		510,208
Marlette Funding Trust Series 2017-3A, Class A 2.360%, 12/15/2024 (C)		63,225		63,136
MFA Trust Series 2017-NPL1, Class A1 3.352%, 11/25/2047 (C)		532,134		531,581

Investment Quality Bond Trust (continued)
	Shares or
	Principal
	Amount		Value
ASSET BACKED SECURITIES (continued)
Nationstar HECM Loan Trust Series 2017-2A, Class A1 2.038%, 09/25/2027 (C)(J)	$	70,613	$	69,928
New Residential Advance Receivables Trust
Series 2016-T2, Class AT2 2.575%, 10/15/2049 (C)		385,000		383,794
Series 2017-T1, Class AT1 3.214%, 02/15/2051 (C)		645,000		646,795
New Residential Mortgage LLC Series 2018-FNT2, Class A 3.790%, 07/25/2054 (C)		856,462		863,565
New Residential Mortgage Loan Trust
Series 2017-6A, Class A1 4.000%, 08/27/2057 (C)(J)		718,194		729,592
Series 2018-1A, Class A1A 4.000%, 12/25/2057 (C)(J)		299,964		306,239
NRZ Advance Receivables Trust Series 2016-T4, Class AT4 3.107%, 12/15/2050 (C)		740,000		740,655
NRZ Excess Spread-Collateralized Notes
Series 2018-PLS1, Class A 3.193%, 01/25/2023 (C)		487,024		484,922
Series 2018-PLS2, Class A 3.265%, 02/25/2023 (C)		298,268		298,129
Oak Hill Advisors Residential Loan Trust Series 2017-NPL1, Class A1 3.000%, 06/25/2057 (C)		137,175		136,986
OCP CLO, Ltd.
Series 2015-8A, Class A1R (3 month LIBOR + 0.850%) 3.623%, 04/17/2027 (C)(D)		1,065,000		1,060,622
Series 2015-9A, Class A1R (3 month LIBOR + 0.800%) 3.587%, 07/15/2027 (C)(D)		765,000		760,354
OneMain Financial Issuance Trust
Series 2016-2A, Class A 4.100%, 03/20/2028 (C)		108,002		108,165
Series 2017-1A, Class A1 2.370%, 09/14/2032 (C)		889,000		882,061
OZLM XII, Ltd. Series 2015-12A, Class A1R (3 month LIBOR + 1.050%) 3.801%, 04/30/2027 (C)(D)		1,025,000		1,023,346
Palmer Square Loan Funding, Ltd. Series 2018-5A, Class A1 (3 month LIBOR + 0.850%) 3.320%, 01/20/2027 (C)(D)		640,000		638,589
Pretium Mortgage Credit Partners I LLC Series 2018-NPL1, Class A1 3.375%, 01/27/2033 (C)		188,022		187,016
Prosper Marketplace Issuance Trust Series 2017-3A, Class A 2.360%, 11/15/2023 (C)		30,238		30,217
PRPM LLC
Series 2018-2A, Class A1 4.000%, 08/25/2023 (C)(J)		498,294		499,411
Series 2018-3A, Class A1 4.483%, 10/25/2023 (C)(J)		785,395		791,604
Securitized Asset Backed Receivables LLC Trust Series 2006-HE1, Class A2B (1 month LIBOR + 0.090%) 2.580%, 07/25/2036 (D)		153,631		70,070

151

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Investment Quality Bond Trust (continued)
	Shares or
	Principal
	Amount		Value
ASSET BACKED SECURITIES (continued)
Shackleton VIII CLO, Ltd. Series 2015-8A, Class A1R (3 month LIBOR + 0.920%) 3.696%, 10/20/2027 (C)(D)	$	1,285,000	$	1,277,900
Skopos Auto Receivables Trust Series 2018-1A, Class A 3.190%, 09/15/2021 (C)		195,827		195,830
SoFi Consumer Loan Program LLC
Series 2016-2A, Class A 3.090%, 10/27/2025 (C)		127,140		127,134
Series 2016-3, Class A 3.050%, 12/26/2025 (C)		151,057		151,096
Series 2017-1, Class A 3.280%, 01/26/2026 (C)		123,927		124,351
Series 2017-3, Class A 2.770%, 05/25/2026 (C)		66,656		66,438
Series 2017-4, Class A 2.500%, 05/26/2026 (C)		131,710		130,748
Sound Point CLO XV, Ltd. Series 2017-1A, Class A (3 month LIBOR + 1.390%) 4.162%, 01/23/2029 (C)(D)		305,000		305,027
Soundview Home Loan Trust Series 2007-OPT2, Class 2A3 (1 month LIBOR + 0.180%) 2.670%, 07/25/2037 (D)		39,567		35,483
Springleaf Funding Trust Series 2016-AA, Class A 2.900%, 11/15/2029 (C)		543,788		542,997
Springleaf Funding Trust Series 2017-AA, Class A 2.680%, 07/15/2030 (C)		900,000		892,906
SPS Servicer Advance Receivables Trust
Series 2016-T2, Class AT2 2.750%, 11/15/2049 (C)		630,000		628,720
Series 2018-T1, Class AT1 3.620%, 10/17/2050 (C)		165,000		166,085
TICP CLO III-2, Ltd. Series 2018-3R, Class A (3 month LIBOR + 0.840%) 3.601%, 04/20/2028 (C)(D)		390,000		386,720
Towd Point Mortgage Trust
Series 2015-3, Class A1B 3.000%, 03/25/2054 (C)(J)		32,306		32,099
Series 2015-4, Class A1B 2.750%, 04/25/2055 (C)(J)		127,222		126,095
Series 2016-2, Class A1A 2.750%, 08/25/2055 (C)(J)		316,683		313,131
Series 2016-3, Class A1 2.250%, 04/25/2056 (C)(J)		394,711		388,358
Series 2017-1, Class A1 2.750%, 10/25/2056 (C)(J)		920,540		910,401
Series 2017-2, Class A1 2.750%, 04/25/2057 (C)(J)		231,286		228,932
Series 2017-3, Class A1 2.750%, 07/25/2057 (C)(J)		416,285		409,764
Series 2017-4, Class A1 2.750%, 06/25/2057 (C)(J)		603,453		593,712
Series 2017-5, Class A1 (1 month LIBOR + 0.600%) 3.090%, 02/25/2057 (C)(D)		554,526		549,950
Treman Park CLO, Ltd. Series 2015-1A, Class ARR (3 month LIBOR + 1.070%) 3.831%, 10/20/2028 (C)(D)		745,000		745,744

Investment Quality Bond Trust (continued)
	Shares or
	Principal
	Amount		Value
ASSET BACKED SECURITIES (continued)
Venture XXI CLO, Ltd. Series 2015-21A, Class AR (3 month LIBOR + 0.880%) 3.667%, 07/15/2027 (C)(D)	$	915,000	$	911,276
VOLT LXII LLC Series 2017-NPL9, Class A1 3.125%, 09/25/2047 (C)		125,728		125,256
VOLT LXIV LLC Series 2017-NP11, Class A1 3.375%, 10/25/2047 (C)		562,709		561,911
VOLT LXVI Series 2018-NPL2, Class A1 4.336%, 05/25/2048 (C)		350,481		351,271
VOLT LXXI LLC Series 2018-NPL7, Class A1A 3.967%, 09/25/2048 (C)		266,036		267,213
Voya CLO, Ltd.
Series 2015-1A, Class A1R (3 month LIBOR + 0.900%) 3.680%, 01/18/2029 (C)(D)		730,000		723,955
Series 2015-1A, Class A2R (3 month LIBOR + 1.250%) 4.030%, 01/18/2029 (C)(D)		255,000		249,751
Series 2017-4A, Class A1 (3 month LIBOR + 1.130%) 3.917%, 10/15/2030 (C)(D)		250,000		247,875
Wendy’s Funding LLC Series 2018-1A, Class A2II 3.884%, 03/15/2048 (C)		232,063		228,783
Westlake Automobile Receivables Trust Series 2017-2A, Class D 3.280%, 12/15/2022 (C)		535,000		535,057
Wingstop Funding LLC Series 2018-1, Class A2 4.970%, 12/05/2048 (C)		215,000		222,650
TOTAL ASSET BACKED SECURITIES (Cost $48,847,816)			$	48,573,541
PURCHASED OPTIONS – 0.0%
Puts – 0.0%
Over the Counter Option on 10 Year Interest Rate Swap. Pay a fixed rate of 3.000% and receive a floating rate based on 3-month LIBOR (Expiration Date: 3-18-20; Strike Rate: 3.000%; Counterparty: Morgan Stanley, Inc.) (K)(L)		8,308,000		39,549
Over the Counter Option on 10 Year Interest Rate Swap. Pay a fixed rate of 3.200% and receive a floating rate based on 3-month LIBOR (Expiration Date: 12-9-19; Strike Rate: 3.200%; Counterparty: Bank of America N.A.) (K)(L)		7,040,000		10,243
				49,792
TOTAL PURCHASED OPTIONS (Cost $200,921)			$	49,792
SECURITIES LENDING COLLATERAL – 0.4%
John Hancock Collateral Trust, 2.6031% (M)(N)		101,480		1,015,494
TOTAL SECURITIES LENDING COLLATERAL (Cost $1,015,530)			$	1,015,494

152

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Investment Quality Bond Trust (continued)
	Shares or
	Principal
	Amount		Value
CERTIFICATE OF DEPOSIT – 0.0%
Credit Agricole Corporate and Investment Bank (3 month LIBOR + 0.400%) 2.766%, 09/24/2020 (D)	$	50,000	$	50,022
Dexia Credit Local SA (3 month LIBOR + 0.100%) 2.740%, 05/17/2019 (D)		50,000		50,006
TOTAL CERTIFICATE OF DEPOSIT (Cost $100,013)			$	100,028
SHORT-TERM INVESTMENTS – 1.3%
Banker’s acceptance – 0.0%
National Bank of Canada 1.992%, 04/24/2019 *	CAD	40,000		29,894
Foreign government – 1.0%
Egypt Treasury Bill
15.400%, 11/19/2019 *	EGP	1,225,000		63,824
16.284%, 10/15/2019 *		4,125,000		218,108
Italy Treasury Bill
(0.144)%, 05/30/2019 *	EUR	35,000		39,269
Japan Treasury Discount Bill
(0.262)%, 05/13/2019 *	JPY	10,500,000		94,760
(0.210)%, 05/27/2019 *		108,850,000		982,415
(0.188)%, 04/22/2019 *		6,400,000		57,751
(0.148)%, 04/15/2019 *		62,850,000		567,113
(0.128)%, 06/17/2019 *		42,000,000		379,105
Spain Treasury Bill
(0.419)%, 06/14/2019 *	EUR	155,000		174,018
(0.375)%, 08/16/2019 *		70,000		78,640
				2,655,003
Repurchase agreement – 0.3%
Deutsche Bank Tri-Party Repurchase Agreement dated 3-29-19 at 2.570% to be repurchased at $700,150 on 4-1-19, collateralized by $676,028 Government National Mortgage Association, 4.500% due 2-20-45 (valued at $714,000, including interest)	$	700,000	$	700,000
TOTAL SHORT-TERM INVESTMENTS (Cost $3,397,957)			$	3,384,897
Total Investments (Investment Quality Bond Trust) (Cost $302,547,097) – 116.9%			$	304,281,134
Other assets and liabilities, net – (16.9%)				(43,989,004	)
TOTAL NET ASSETS – 100.0%			$	260,292,130

Currency Abbreviations
ARS	Argentine Peso
AUD	Australian Dollar
CAD	Canadian Dollar
EGP	Egyptian Pound

DERIVATIVES

FUTURES

Investment Quality Bond Trust (continued)
EUR	Euro
JPY	Japanese Yen
Security Abbreviations and Legend
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.
ISDAFIX	International Swaps and Derivatives Association Fixed Interest Rate Swap Rate
LIBOR	London Interbank Offered 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 $82,694,060 or 31.8% of the fund’s net assets as of 3-31-19.
(D)	Variable rate obligation. The coupon rate shown represents the rate at period end.
(E)	All or a portion of this security is on loan as of 3-31-19. The value of securities on loan amounted to $991,657.
(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)	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 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)	Non-income producing security.
(L)	For this type of option, notional amounts are equivalent to number of contracts.
(M)	The rate shown is the annualized seven-day yield as of 3-31-19.
(N)	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.

													Unrealized
	Number of				Expiration		Notional			Notional			appreciation
Open contracts	contracts		Position		date		basis^			value^			(depreciation)
5-Year U.S. Treasury Note Futures		86		Long		Jun 2019	$	9,861,297		$	9,961,219		$	99,922
U.S. Treasury Long Bond Futures		7		Long		Jun 2019		1,017,565			1,047,594			30,029
Ultra U.S. Treasury Bond Futures		32		Long		Jun 2019		5,179,809			5,376,000			196,191
10-Year Australian Treasury Bond Futures		11		Short		Jun 2019		(1,065,245	)		(1,081,338	)		(16,093	)
10-Year U.S. Treasury Note Futures		24		Short		Jun 2019		(2,948,464	)		(2,981,250	)		(32,786	)
10-Year Ultra U.S. Treasury Bond Futures		12		Short		Jun 2019		(1,578,539	)		(1,593,375	)		(14,836	)
German Euro BUND Futures		5		Short		Jun 2019		(921,637	)		(932,960	)		(11,323	)
													$	251,104

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

153

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

FORWARD FOREIGN CURRENCY CONTRACTS

						Contractual
						settlement		Unrealized		Unrealized
Contract to buy		Contract to sell			Counterparty (OTC)	date		appreciation		depreciation
USD	57,549		AUD	80,000	NatWest Markets PLC		9/26/2019	$	551		—
USD	30,092		CAD	40,000	HSBC Bank USA		4/24/2019		143		—
USD	79,276		CAD	105,000	Deutsche Bank AG London		5/13/2019		622		—
USD	15,178		CAD	20,000	JPMorgan Chase Bank N.A.		5/13/2019		197		—
USD	38,151		CAD	50,000	BNP Paribas SA		6/19/2019		663		—
USD	19,090		CAD	25,000	Citibank N.A.		9/10/2019		312		—
USD	11,327		CAD	15,000	NatWest Markets PLC		9/10/2019		60		—
USD	37,643		CAD	50,000	Goldman Sachs International		10/1/2019		72		—
USD	113,781		CAD	150,000	State Street Bank and Trust Company		10/1/2019		1,066		—
USD	75,822		CAD	100,000	Goldman Sachs International		12/3/2019		577		—
USD	1,433,599		EUR	1,266,000	JPMorgan Chase Bank N.A.		4/30/2019		10,096		—
USD	11,510		EUR	10,000	JPMorgan Chase Bank N.A.		5/2/2019		264		—
USD	40,339		EUR	35,000	JPMorgan Chase Bank N.A.		5/30/2019		886		—
USD	179,034		EUR	155,000	Citibank N.A.		6/14/2019		4,091		—
USD	367,834		EUR	323,000	Goldman Sachs International		6/19/2019		3,121		—
USD	81,390		EUR	70,000	BNP Paribas SA		8/16/2019		1,971		—
USD	584,498		JPY	62,850,000	JPMorgan Chase Bank N.A.		4/15/2019		16,784		—
USD	58,966		JPY	6,400,000	JPMorgan Chase Bank N.A.		4/22/2019		1,118		—
USD	97,229		JPY	10,500,000	JPMorgan Chase Bank N.A.		5/13/2019		2,166		—
USD	994,623		JPY	108,850,000	JPMorgan Chase Bank N.A.		5/28/2019		8,186		—
USD	379,949		JPY	42,000,000	JPMorgan Chase Bank N.A.		6/17/2019		—	($	1,251	)
								$	52,946	($	1,251	)

SWAPS

Interest rate swaps

Counterparty (OTC)/	Notional			Payments	Payments	Fixed payment	Floating payment	Maturity	Unamortized upfront payment paid			Unrealized appreciation
Centrally cleared	amount		Currency	made	received	frequency	frequency	date	(received)			(depreciation)		Value
JPMorgan Chase Bank N.A.		5,100,000	USD	Fixed 4.318%	USD LIBOR BBA	Semi-Annual	Quarterly	Dec 2028	$	(7,775,000	)	$	6,862,209	$	(912,791	)
JPMorgan Chase Bank N.A.		2,100,000	USD	Fixed 3.425%	USD LIBOR BBA	Semi-Annual	Quarterly	Jun 2039		(3,815,000	)		3,504,174		(310,826	)
									$	(11,590,000	)	$	10,366,383	$	(1,223,617	)
Centrally cleared		1,620,000	USD	Fixed 1.625%	USD Federal Funds Rate Compounded OIS	Annual	Annual	Nov 2026		(3,260,000	)		3,316,309		56,309
Centrally cleared		1,640,000	USD	Fixed 2.750%	USD LIBOR BBA	Semi-Annual	Quarterly	Dec 2047		(1,400,279	)		1,331,059		(69,220	)
									$	(4,660,279	)	$	4,647,368	$	(12,911	)
									$	(16,250,279	)	$	15,013,751	$	(1,236,528	)

Credit default swaps – Buyer

Counterparty (OTC)/					USD		Pay			Fixed		Unamortized upfront payment		Unrealized
Centrally	Reference	Notional			notional		fixed			payment	Maturity	paid		appreciation
cleared	obligation	amount		Currency	amount		rate			frequency	date	(received)		(depreciation)			Value
Centrally cleared	iTraxx Europe Series 30 Version 1		405,000	EUR	$	461,457		1.000	%	Quarterly	Dec 2023	$	107,877	$	(116,593	)	$	(8,716	)
Centrally cleared	iTraxx Europe Crossover Series 31 Version 1		630,000	EUR		720,279		5.000	%	Quarterly	Jun 2024		1,296,804		(1,375,253	)		(78,449	)
					$	1,181,736						$	1,404,681	$	(1,491,846	)	$	(87,165	)

Credit default swaps – Seller

															Unamortized
Counterparty															upfront
(OTC)/		Implied						USD		Received			Fixed		payment	Unrealized
Centrally	Reference	credit			Notional			notional		fixed			payment	Maturity	paid	appreciation
cleared	obligation	spread			amount		Currency	amount		rate			frequency	date	(received)	(depreciation)			Value
Deutsche Bank AG	CMBX.NA.BBB-.6		7.074	%		110,000	USD	$	110,000		3.000	%	Monthly	May 2063	$(200,000)	$	186,175		$	(13,825	)
Goldman Sachs International	United Mexican States		1.239	%		145,000	USD		145,000		1.000	%	Quarterly	Dec 2023	204,830		(205,521	)		(691	)
Goldman Sachs International	CMBX.NA.BBB-.6		7.074	%		140,000	USD		140,000		3.000	%	Monthly	May 2063	(245,000)		227,405			(17,595	)
Morgan Stanley & Company International PLC	Federative Republic of Brazil		1.548	%		145,000	USD		145,000		1.000	%	Quarterly	Dec 2023	748,549		(752,395	)		(3,846	)
Morgan Stanley & Company International PLC	Republic of Turkey		3.005	%		90,000	USD		90,000		1.000	%	Quarterly	Dec 2023	259,764		(271,307	)		(11,543	)

154

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Investment Quality Bond Trust (continued)

Credit default swaps – Seller (continued)

Counterparty (OTC)/ Centrally cleared	Reference obligation	Implied credit spread			Notional amount		Currency	USD amount notional		Received Fixed rate			fixed payment frequency	Maturity date	Unamortized upfront payment paid (received)			Unrealized appreciation (depreciation)			Value
Morgan Stanley & Company International PLC	Republic of Turkey		3.005	%		55,000	USD	$	55,000		1.000	%	Quarterly	Dec 2023	$	355,070		$	(362,124	)	$	(7,054	)
Morgan Stanley & Company International PLC	CMBX.NA.BBB-.6		7.074	%		255,000	USD		255,000		3.000	%	Monthly	May 2063		(735,857	)		703,808			(32,049	)
Morgan Stanley & Company International PLC	CMBX.NA.BBB-.6		7.074	%		130,000	USD		130,000		3.000	%	Monthly	May 2063		(400,000	)		383,661			(16,339	)
Morgan Stanley & Company International PLC	CMBX.NA.BBB-.6		7.074	%		115,000	USD		115,000		3.000	%	Monthly	May 2063		(285,000	)		270,547			(14,453	)
Morgan Stanley & Company International PLC	CMBX.NA.BBB-.6		7.074	%		69,000	USD		69,000		3.000	%	Monthly	May 2063		(124,000	)		115,328			(8,672	)
								$	1,254,000						$	(421,644	)	$	295,577		$	(126,067	)
Centrally cleared	CDX.NA.HY.31		3.466	%		274,400	USD		274,400		5.000	%	Quarterly	Dec 2023		174,185			(155,332	)		18,853
Centrally cleared	CDX.EM.31		1.782	%		680,000	USD		680,000		1.000	%	Quarterly	Jun 2024		3,224,586			(3,249,281	)		(24,695	)
Centrally cleared	CDX.NA.HY.32		3.484	%		2,675,000	USD		2,675,000		5.000	%	Quarterly	Jun 2024		3,841,771			(3,659,200	)		182,571
Centrally cleared	CDX.NA.IG.32		0.635	%		1,715,000	USD		1,715,000		1.000	%	Quarterly	Jun 2024		7,939,493			(7,908,526	)		30,967
								$	5,344,400						$	15,180,035		$	(14,972,339	)	$	207,696
								$	6,598,400						$	14,758,391		$	(14,676,762	)	$	81,629

Derivatives Currency Abbreviations
AUD	Australian Dollar
CAD	Canadian Dollar
EUR	Euro
JPY	Japanese Yen
USD	U.S. Dollar
Derivatives Abbreviations
BBA	The British Banker’s Association
LIBOR	London Interbank Offered Rate
OIS	Overnight Index Swap
OTC	Over-the-counter

See Notes to Portfolio of Investments regarding investment transactions and other derivatives information.

Lifestyle Aggressive Portfolio
	Shares or
	Principal
	Amount		Value
AFFILIATED INVESTMENT COMPANIES (A) – 82.4%
Equity – 82.4%
Strategic Equity Allocation, Series NAV, JHVIT (JHAM) (B)(C)		1,516,404	$	29,221,106
TOTAL AFFILIATED INVESTMENT COMPANIES (Cost $27,184,218)			$	29,221,106
UNAFFILIATED INVESTMENT COMPANIES – 17.6%
Exchange-traded funds – 17.6%
Financial Select Sector SPDR Fund		24,656		633,906
Vanguard Energy ETF (D)		4,963		443,593
Vanguard FTSE Emerging Markets ETF		43,922		1,866,685
Vanguard Health Care ETF		1,439		248,199
Vanguard Information Technology ETF		4,425		887,788
Vanguard Materials ETF		1,214		149,431
Vanguard Mid-Cap ETF		6,719		1,080,079
Vanguard Real Estate ETF		4,054		352,333
Vanguard Small-Cap ETF		3,793		579,570
TOTAL UNAFFILIATED INVESTMENT COMPANIES (Cost $5,640,548)			$	6,241,584

Lifestyle Aggressive Portfolio (continued)
	Shares or
	Principal
	Amount		Value
SECURITIES LENDING COLLATERAL – 1.0%
John Hancock Collateral Trust, 2.6031% (E)(F)		33,760	$	337,832
TOTAL SECURITIES LENDING COLLATERAL (Cost $337,850)			$	337,832
SHORT-TERM INVESTMENTS – 0.0%
Money market funds – 0.0%
State Street Institutional U.S. Government Money Market Fund, Premier Class, 2.3851% (E)		4,607		4,607
TOTAL SHORT-TERM INVESTMENTS (Cost $4,607)			$	4,607
Total Investments (Lifestyle Aggressive Portfolio) (Cost $33,167,223) – 101.0%			$	35,805,129
Other assets and liabilities, net – (1.0%)				(344,654	)
TOTAL NET ASSETS – 100.0%			$	35,460,475

Security Abbreviations and Legend
JHAM	John Hancock Asset Management
JHVIT	John Hancock Variable Insurance Trust
(A)	The underlying portfolios’ subadvisor is shown parenthetically.
(B)	The subadvisor is an affiliate of the advisor.
(C)	Manulife Asset Management (US) LLC is doing business as John Hancock Asset Management.

155

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Lifestyle Aggressive Portfolio (continued)
(D)	All or a portion of this security is on loan as of 3-31-19. The value of securities on loan amounted to $330,928.
(E)	The rate shown is the annualized seven-day yield as of 3-31-19.
(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.

Lifestyle Balanced Portfolio
	Shares or
	Principal
	Amount		Value
AFFILIATED INVESTMENT COMPANIES (A) – 100.0%
Equity – 50.1%
Strategic Equity Allocation, Series NAV, JHVIT (JHAM) (B)(C)		25,423,946	$	489,919,436
Fixed income – 49.9%
Select Bond, Series NAV, JHVIT (JHAM) (B)(C)		36,413,648		488,307,014
TOTAL AFFILIATED INVESTMENT COMPANIES (Cost $926,449,878)			$	978,226,450
Total Investments (Lifestyle Balanced Portfolio) (Cost $926,449,878) – 100.0%			$	978,226,450
Other assets and liabilities, net – (0.0%)				(69,100	)
TOTAL NET ASSETS – 100.0%			$	978,157,350

Security Abbreviations and Legend
JHAM	John Hancock Asset Management
JHVIT	John Hancock Variable Insurance Trust
(A)	The underlying portfolios’ subadvisor is shown parenthetically.
(B)	The subadvisor is an affiliate of the advisor.
(C)	Manulife Asset Management (US) LLC is doing business as John Hancock Asset Management.

Lifestyle Conservative Portfolio
	Shares or
	Principal
	Amount		Value
AFFILIATED INVESTMENT COMPANIES (A) – 100.0%
Equity – 20.0%
Strategic Equity Allocation, Series NAV, JHVIT (JHAM) (B)(C)		1,920,809	$	37,013,988
Fixed income – 80.0%
Select Bond, Series NAV, JHVIT (JHAM) (B)(C)		11,013,971		147,697,357
TOTAL AFFILIATED INVESTMENT COMPANIES (Cost $183,811,818)			$	184,711,345
Total Investments (Lifestyle Conservative Portfolio) (Cost $183,811,818) – 100.0%			$	184,711,345
Other assets and liabilities, net – (0.0%)				(28,980	)
TOTAL NET ASSETS – 100.0%			$	184,682,365

Security Abbreviations and Legend
JHAM	John Hancock Asset Management
JHVIT	John Hancock Variable Insurance Trust
(A)	The underlying portfolios’ subadvisor is shown parenthetically.
(B)	The subadvisor is an affiliate of the advisor.
(C)	Manulife Asset Management (US) LLC is doing business as John Hancock Asset Management.

Lifestyle Growth Portfolio
	Shares or
	Principal
	Amount		Value
AFFILIATED INVESTMENT COMPANIES (A) – 100.0%
Equity – 70.3%
Strategic Equity Allocation, Series NAV, JHVIT (JHAM) (B)(C)		226,707,191	$	4,368,647,561

Lifestyle Growth Portfolio (continued)
	Shares or
	Principal
	Amount		Value
AFFILIATED INVESTMENT COMPANIES (A) (continued)
Fixed income – 29.7%
Select Bond, Series NAV, JHVIT (JHAM) (B)(C)		137,457,741	$	1,843,308,307
TOTAL AFFILIATED INVESTMENT COMPANIES (Cost $5,708,908,688)			$	6,211,955,868
Total Investments (Lifestyle Growth Portfolio) (Cost $5,708,908,688) – 100.0%			$	6,211,955,868
Other assets and liabilities, net – 0.0%				488,993
TOTAL NET ASSETS – 100.0%			$	6,212,444,861

Security Abbreviations and Legend
JHAM	John Hancock Asset Management
JHVIT	John Hancock Variable Insurance Trust
(A)	The underlying portfolios’ subadvisor is shown parenthetically.
(B)	The subadvisor is an affiliate of the advisor.
(C)	Manulife Asset Management (US) LLC is doing business as John Hancock Asset Management.

Lifestyle Moderate Portfolio
	Shares or
	Principal
	Amount		Value
AFFILIATED INVESTMENT COMPANIES (A) – 100.0%
Equity – 39.9%
Strategic Equity Allocation, Series NAV, JHVIT (JHAM) (B)(C)		6,176,279	$	119,016,896
Fixed income – 60.1%
Select Bond, Series NAV, JHVIT (JHAM) (B)(C)		13,364,473		179,217,580
TOTAL AFFILIATED INVESTMENT COMPANIES (Cost $286,678,988)			$	298,234,476
Total Investments (Lifestyle Moderate Portfolio) (Cost $286,678,988) – 100.0%			$	298,234,476
Other assets and liabilities, net – (0.0%)				(35,170	)
TOTAL NET ASSETS – 100.0%			$	298,199,306

Security Abbreviations and Legend
JHAM	John Hancock Asset Management
JHVIT	John Hancock Variable Insurance Trust
(A)	The underlying portfolios’ subadvisor is shown parenthetically.
(B)	The subadvisor is an affiliate of the advisor.
(C)	Manulife Asset Management (US) LLC is doing business as John Hancock Asset Management.

Managed Volatility Aggressive Portfolio
	Shares or
	Principal
	Amount		Value
AFFILIATED INVESTMENT COMPANIES (A) – 88.6%
Equity – 88.6%
Blue Chip Growth, Series NAV, JHVIT (T. Rowe Price)		954,215	$	34,323,101
Capital Appreciation, Series NAV, JHVIT (Jennison)		250,214		3,563,048
Emerging Markets Equity, Class NAV, JHIT (JHAM) (B)(C)		2,763,999		29,353,664
Equity Income, Series NAV, JHVIT (T. Rowe Price)		2,271,845		34,236,711
Fundamental Large Cap Core, Class NAV, JHIT (JHAM) (B)(C)		794,778		36,202,152
Fundamental Large Cap Value, Class NAV, JHF II (JHAM) (B)(C)		293,040		3,531,135
Mid Cap Stock, Series NAV, JHVIT (Wellington)		655,674		13,047,910

156

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Managed Volatility Aggressive Portfolio (continued)
	Shares or
	Principal
	Amount		Value
AFFILIATED INVESTMENT COMPANIES (A) (continued)
Equity (continued)
Mid Value, Series NAV, JHVIT (T. Rowe Price)		1,247,651	$	13,025,481
Multifactor Developed International ETF, JHETF (DFA)		506,859		14,232,195
Multifactor Emerging Markets ETF, JHETF (DFA)		490,805		12,537,663
Multifactor Large Cap ETF, JHETF (DFA)		595,345		21,706,279
Multifactor Mid Cap ETF, JHETF (DFA)		297,249		10,445,330
Multifactor Small Cap ETF, JHETF (DFA)		573,906		14,864,165
Small Cap Growth, Class NAV, JHF II (Redwood)		273,682		4,570,495
Small Cap Value, Series NAV, JHVIT (Wellington)		265,684		4,559,137
Strategic Equity Allocation, Series NAV, JHVIT (JHAM) (B)(C)		3,697,281		71,246,610
TOTAL AFFILIATED INVESTMENT COMPANIES (Cost $315,313,315)			$	321,445,076
UNAFFILIATED INVESTMENT COMPANIES – 10.2%
Equity – 10.2%
Fidelity International Index Fund		925,502		37,010,839
TOTAL UNAFFILIATED INVESTMENT COMPANIES (Cost $34,777,695)			$	37,010,839
SHORT-TERM INVESTMENTS – 1.1%
Commercial paper – 0.3%
Bridgestone Americas, Inc. 2.550%, 04/01/2019 *	$	255,000		254,949
Cummins, Inc. 2.550%, 05/20/2019 *		315,000		313,861
University of California 2.450%, 04/10/2019 *		420,000		418,942
Yale University 2.480%, 05/02/2019 *		360,000		359,171
				1,346,923
U.S. Government Agency – 0.7%
Federal Home Loan Bank Discount Note
2.250%, 04/01/2019 *		1,230,000		1,230,000
2.415%, 06/14/2019 *		620,000		616,916
2.430%, 09/25/2019 *		350,000		345,853
2.455%, 07/31/2019 *		350,000		347,153
				2,539,922
Money market funds – 0.1%
State Street Institutional U.S. Government
Money Market Fund, Premier Class, 2.3851% (D)		326,082		326,082
TOTAL SHORT-TERM INVESTMENTS (Cost $4,213,466)			$	4,212,927
Total Investments (Managed Volatility Aggressive Portfolio) (Cost $354,304,476) -99.9%			$	362,668,842
Other assets and liabilities, net – 0.1%				213,142
TOTAL NET ASSETS – 100.0%			$	362,881,984

Security Abbreviations and Legend
JHETF	John Hancock Exchange-Traded Fund Trust
JHF II	John Hancock Funds II
JHIT	John Hancock Investment Trust
JHVIT	John Hancock Variable Insurance Trust
(A)	The underlying portfolios’ subadvisor is shown parenthetically.
(B)	The subadvisor is an affiliate of the advisor.

Managed Volatility Aggressive Portfolio (continued)
(C)	Manulife Asset Management (US) LLC is doing business as John Hancock Asset Management.
(D)	The rate shown is the annualized seven-day yield as of 3-31-19.
*	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.

Managed Volatility Balanced Portfolio
	Shares or
	Principal
	Amount		Value
AFFILIATED INVESTMENT COMPANIES (A) – 99.0%
Equity – 50.1%
Blue Chip Growth, Series NAV, JHVIT (T. Rowe Price)		7,411,086	$	266,576,779
Capital Appreciation, Series NAV, JHVIT (Jennison)		1,644,524		23,418,027
Emerging Markets Equity, Class NAV, JHIT (JHAM) (B)(C)		19,624,227		208,409,294
Equity Income, Series NAV, JHVIT (T. Rowe Price)		17,698,851		266,721,681
Fundamental Large Cap Core, Class NAV, JHIT (JHAM) (B)(C)		6,158,331		280,511,988
Fundamental Large Cap Value, Class NAV, JHF II (JHAM) (B)(C)		3,363,520		40,530,414
Mid Cap Stock, Series NAV, JHVIT (Wellington)		3,522,067		70,089,138
Mid Value, Series NAV, JHVIT (T. Rowe Price)		6,754,441		70,516,362
Multifactor Developed International ETF, JHETF (DFA)		4,003,892		112,426,084
Multifactor Emerging Markets ETF, JHETF (DFA)		3,458,359		88,344,126
Multifactor Large Cap ETF, JHETF (DFA)		5,133,964		187,184,327
Multifactor Mid Cap ETF, JHETF (DFA)		3,271,665		114,966,308
Multifactor Small Cap ETF, JHETF (DFA)		3,387,351		87,732,391
Small Cap Growth, Class NAV, JHF II (Redwood)		2,204,798		36,820,122
Small Cap Value, Series NAV, JHVIT (Wellington)		2,113,641		36,270,086
Strategic Equity Allocation, Series NAV, JHVIT (JHAM) (B)(C)		79,386,920		1,529,785,952
				3,420,303,079
Fixed income – 48.6%
Bond, Class NAV, JHSB (JHAM) (B)(C)		54,669,101		857,211,505
Core Bond, Series NAV, JHVIT (Wells Capital)		22,919,293		297,950,805
Select Bond, Series NAV, JHVIT (JHAM) (B)(C)		161,547,648		2,166,353,963
				3,321,516,273
Alternative – 0.3%
Global Conservative Absolute Return, Class NAV, JHBT (Aberdeen) (D)		2,133,234		20,393,719
TOTAL AFFILIATED INVESTMENT COMPANIES (Cost $6,520,672,860)			$	6,762,213,071
SHORT-TERM INVESTMENTS – 0.7%
Commercial paper – 0.2%
Bridgestone Americas, Inc. 2.550%, 04/01/2019 *	$	3,000,000		2,999,400
Cummins, Inc. 2.550%, 05/20/2019 *		3,640,000		3,626,835
University of California 2.450%, 04/10/2019 *		5,215,000		5,201,868
Yale University 2.480%, 05/02/2019 *		4,395,000		4,384,884
				16,212,987
U.S. Government Agency – 0.5%
Federal Home Loan Bank Discount Note 2.250%, 04/01/2019 *		13,325,000		13,325,000

157

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Managed Volatility Balanced Portfolio (continued)
	Shares or
	Principal
	Amount		Value
SHORT-TERM INVESTMENTS (continued)
U.S. Government Agency (continued)
Federal Home Loan Bank Discount Note (continued)
2.415%, 06/14/2019 *	$	7,255,000	$	7,218,910
2.430%, 09/25/2019 *		5,390,000		5,326,133
2.455%, 07/31/2019 *		4,875,000		4,835,347
				30,705,390
Money market funds – 0.0%
State Street Institutional U.S. Government Money Market Fund, Premier Class, 2.3851% (E)		2,188,491		2,188,491
TOTAL SHORT-TERM INVESTMENTS (Cost $49,117,639)			$	49,106,868
Total Investments (Managed Volatility Balanced Portfolio) (Cost $6,569,790,499) -99.7%			$	6,811,319,939
Other assets and liabilities, net – 0.3%				23,028,330
TOTAL NET ASSETS – 100.0%			$	6,834,348,269

Managed Volatility Balanced Portfolio (continued)
Security Abbreviations and Legend
JHBT	John Hancock Bond Trust
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)	Manulife Asset Management (US) LLC is doing business as John
	Hancock Asset Management.
(D)	Non-income producing.
(E)	The rate shown is the annualized seven-day yield as of 3-31-19.
*	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

									Unrealized
	Number of			Expiration	Notional		Notional		appreciation
Open contracts	contracts		Position	date	basis^		value^		(depreciation)
British Pound Currency Futures		142	Long	Jun 2019	$	11,680,425	$	11,587,200	$	(93,225	)
Euro FX Futures		201	Long	Jun 2019		28,501,989		28,362,356		(139,633	)
Euro STOXX 50 Index Futures		789	Long	Jun 2019		28,453,303		28,959,195		505,892
FTSE 100 Index Futures		126	Long	Jun 2019		11,561,687		11,834,696		273,009
Japanese Yen Currency Futures		134	Long	Jun 2019		15,200,511		15,205,650		5,139
MSCI Emerging Markets Index Futures		829	Long	Jun 2019		43,343,280		43,829,230		485,950
Nikkei 225 Index Futures		81	Long	Jun 2019		15,583,839		15,545,159		(38,680	)
Russell 2000 E-Mini Index Futures		174	Long	Jun 2019		13,272,803		13,431,060		158,257
S&P 500 Index E-Mini Futures		1,460	Long	Jun 2019		201,455,830		207,174,000		5,718,170
S&P Mid 400 Index E-Mini Futures		214	Long	Jun 2019		39,852,932		40,681,400		828,468
									$	7,703,347

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

See Notes to Portfolio of Investments regarding investment transactions and other derivatives information.

Managed Volatility Conservative Portfolio
	Shares or
	Principal
	Amount		Value
AFFILIATED INVESTMENT COMPANIES (A) – 99.1%
Equity – 19.9%
Blue Chip Growth, Series NAV, JHVIT (T. Rowe Price)		622,730	$	22,399,583
Capital Appreciation, Series NAV, JHVIT (Jennison)		217,010		3,090,224
Emerging Markets Equity, Class NAV, JHIT (JHAM) (B)(C)		856,015		9,090,882
Equity Income, Series NAV, JHVIT (T. Rowe Price)		1,480,422		22,309,956
Fundamental Large Cap Core, Class NAV, JHIT (JHAM) (B)(C)		528,300		24,064,055
Fundamental Large Cap Value, Class NAV, JHF II (JHAM) (B)(C)		249,612		3,007,826
Multifactor Developed International ETF, JHETF (DFA)		18,829		528,703
Multifactor Emerging Markets ETF, JHETF (DFA)		147,175		3,759,600
Multifactor Large Cap ETF, JHETF (DFA)		333,512		12,159,848

Managed Volatility Conservative Portfolio (continued)
	Shares or
	Principal
	Amount		Value
AFFILIATED INVESTMENT COMPANIES (A) (continued)
Equity (continued)
Multifactor Mid Cap ETF, JHETF (DFA)		429,501	$	15,092,665
Multifactor Small Cap ETF, JHETF (DFA)		344,636		8,926,072
Strategic Equity Allocation, Series NAV, JHVIT (JHAM) (B)(C)		5,321,408		102,543,541
				226,972,955
Fixed income – 78.7%
Bond, Class NAV, JHSB (JHAM) (B)(C)		14,775,886		231,685,889
Core Bond, Series NAV, JHVIT (Wells Capital)		6,178,253		80,317,288
Select Bond, Series NAV, JHVIT (JHAM) (B)(C)		43,587,114		584,503,203
				896,506,380

158

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Managed Volatility Conservative Portfolio (continued)
	Shares or Principal Amount		Value
AFFILIATED INVESTMENT COMPANIES (A) (continued)
Alternative - 0.5%
Global Conservative Absolute Return, Class NAV, JHBT (Aberdeen) (D)		593,607	$	5,674,887
TOTAL AFFILIATED INVESTMENT COMPANIES (Cost $1,125,713,137)			$	1,129,154,222
SHORT-TERM INVESTMENTS - 0.7%
Commercial paper - 0.2%
Bridgestone Americas, Inc. 2.550%, 04/01/2019 *	$	500,000		499,900
Cummins, Inc. 2.550%, 05/20/2019 *		620,000		617,758
University of California 2.450%, 04/10/2019 *		845,000		842,872
Yale University 2.480%, 05/02/2019 *		715,000		713,354
				2,673,884
U.S. Government Agency - 0.5%
Federal Home Loan Bank Discount Note
2.250%, 04/01/2019 *		2,339,000		2,339,000
2.415%, 06/14/2019 *		1,235,000		1,228,857
2.430%, 09/25/2019 *		920,000		909,099
2.455%, 07/31/2019 *		995,000		986,907
				5,463,863
Money market funds - 0.0%
State Street Institutional U.S. Government Money Market Fund, Premier Class, 2.3851% (E)		399,042		399,042
TOTAL SHORT-TERM INVESTMENTS (Cost $8,537,764)			$	8,536,789
Total Investments (Managed Volatility Conservative Portfolio) (Cost $1,134,250,901) - 99.8%			$	1,137,691,011
Other assets and liabilities, net - 0.2%				1,931,594
TOTAL NET ASSETS—100.0%			$	1,139,622,605

Managed Volatility Conservative Portfolio (continued)

Security Abbreviations and Legend

JHBT	John Hancock Bond Trust
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)	Manulife Asset Management (US) LLC is doing business as John Hancock Asset Management.
(D)	Non-income producing.
(E)	The rate shown is the annualized seven-day yield as of 3-31-19.
*	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)
British Pound Currency Futures		8		Long		Jun 2019	$	657,758	$	652,800	$	(4,958	)
Euro FX Futures		12		Long		Jun 2019		1,701,636		1,693,275		(8,361	)
Euro STOXX 50 Index Futures		49		Long		Jun 2019		1,767,087		1,798,480		31,393
FTSE 100 Index Futures		7		Long		Jun 2019		642,201		657,483		15,282
Japanese Yen Currency Futures		7		Long		Jun 2019		794,022		794,325		303
MSCI Emerging Markets Index Futures		42		Long		Jun 2019		2,195,910		2,220,540		24,630
Nikkei 225 Index Futures		4		Long		Jun 2019		766,378		767,662		1,284
Russell 2000 E-Mini Index Futures		9		Long		Jun 2019		686,494		694,710		8,216
S&P 500 Index E-Mini Futures		115		Long		Jun 2019		15,871,739		16,318,500		446,761
S&P Mid 400 Index E-Mini Futures		15		Long		Jun 2019		2,795,394		2,851,500		56,106
											$	570,656

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

See Notes to Portfolio of Investments regarding investment transactions and other derivatives information.

159

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Managed Volatility Growth Portfolio
	Shares or Principal Amount		Value
AFFILIATED INVESTMENT COMPANIES (A) - 98.7%
Equity - 70.4%
Blue Chip Growth, Series NAV, JHVIT (T. Rowe Price)		11,256,621	$	404,900,665
Capital Appreciation, Series NAV, JHVIT (Jennison)		1,186,383		16,894,090
Emerging Markets Equity, Class NAV, JHIT (JHAM) (B)(C)		39,382,661		418,243,856
Equity Income, Series NAV, JHVIT (T. Rowe Price)		26,881,505		405,104,283
Fundamental Large Cap Core, Class NAV, JHIT (JHAM) (B)(C)		10,425,409		474,877,358
Fundamental Large Cap Value, Class NAV, JHF II (JHAM) (B)(C)		2,423,809		29,206,901
Mid Cap Stock, Series NAV, JHVIT (Wellington)		7,748,360		154,192,363
Mid Value, Series NAV, JHVIT (T. Rowe Price)		14,768,574		154,183,916
Multifactor Developed International ETF, JHETF (DFA)		9,838,683		276,262,348
Multifactor Emerging Markets ETF, JHETF (DFA)		7,143,056		182,470,080
Multifactor Large Cap ETF, JHETF (DFA)		7,728,647		281,786,470
Multifactor Mid Cap ETF, JHETF (DFA)		4,790,021		168,321,338
Multifactor Small Cap ETF, JHETF (DFA)		7,078,166		183,324,499
Small Cap Growth, Class NAV, JHF II (Redwood)		3,907,900		65,261,923
Small Cap Value, Series NAV, JHVIT (Wellington)		3,723,841		63,901,107
Strategic Equity Allocation, Series NAV, JHVIT (JHAM) (B)(C)		145,000,303		2,794,155,846
				6,073,087,043
Fixed income - 28.1%
Bond, Class NAV, JHSB (JHAM) (B)(C)		39,803,753		624,122,847
Core Bond, Series NAV, JHVIT (Wells Capital)		16,713,389		217,274,063
Select Bond, Series NAV, JHVIT (JHAM) (B)(C)		117,716,498		1,578,578,243
				2,419,975,153
Alternative - 0.2%
Global Conservative Absolute Return, Class NAV, JHBT (Aberdeen) (D)		2,228,243		21,302,001
TOTAL AFFILIATED INVESTMENT COMPANIES (Cost $7,978,341,660)			$	8,514,364,197
UNAFFILIATED INVESTMENT COMPANIES - 0.2%
Equity - 0.2%
Fidelity International Index Fund		374,858		14,990,577
TOTAL UNAFFILIATED INVESTMENT COMPANIES (Cost $14,084,305)			$	14,990,577

Managed Volatility Growth Portfolio (continued)
	Shares or Principal Amount		Value
SHORT-TERM INVESTMENTS - 0.7%
Commercial paper - 0.3%
Bridgestone Americas, Inc. 2.550%, 04/01/2019 *	$	3,450,000	$	3,449,310
Cummins, Inc. 2.550%, 05/20/2019 *		4,460,000		4,443,869
University of California 2.450%, 04/10/2019 *		6,155,000		6,139,501
Yale University 2.480%, 05/02/2019 *		5,155,000		5,143,135
				19,175,815
U.S. Government Agency - 0.4%
Federal Home Loan Bank Discount Note
2.250%, 04/01/2019 *		11,818,000		11,818,000
2.415%, 06/14/2019 *		9,010,000		8,965,180
2.430%, 09/25/2019 *		6,910,000		6,828,122
2.455%, 07/31/2019 *		7,545,000		7,483,630
				35,094,932
Money market funds - 0.0%
State Street Institutional U.S. Government Money Market Fund, Premier Class, 2.3851% (E)		1,371,107		1,371,107
TOTAL SHORT-TERM INVESTMENTS (Cost $55,649,760)			$	55,641,854
Total Investments (Managed Volatility Growth Portfolio) (Cost $8,048,075,725) -99.6%			$	8,584,996,628
Other assets and liabilities, net - 0.4%				38,768,222
TOTAL NET ASSETS - 100.0%			$	8,623,764,850

Security Abbreviations and Legend
JHBT	John Hancock Bond Trust
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)	Manulife Asset Management (US) LLC is doing business as John Hancock Asset Management.
(D)	Non-income producing.
(E)	The rate shown is the annualized seven-day yield as of 3-31-19.
*	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)
British Pound Currency Futures		255		Long		Jun 2019	$	20,971,573	$	20,808,000	$	(163,573	)
Euro FX Futures		352		Long		Jun 2019		49,893,254		49,669,400		(223,854	)
Euro STOXX 50 Index Futures		1,370		Long		Jun 2019		49,476,761		50,284,027		807,266
FTSE 100 Index Futures		224		Long		Jun 2019		20,572,780		21,039,459		466,679
Japanese Yen Currency Futures		243		Long		Jun 2019		27,540,756		27,574,425		33,669
MSCI Emerging Markets Index Futures		1,484		Long		Jun 2019		77,676,854		78,459,080		782,226
Nikkei 225 Index Futures		143		Long		Jun 2019		27,734,897		27,443,923		(290,974	)
Russell 2000 E-Mini Index Futures		287		Long		Jun 2019		21,973,679		22,153,530		179,851

160

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (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 500 Index E-Mini Futures		2,184		Long		Jun 2019		301,782,699		309,909,600	$	8,126,901
S&P Mid 400 Index E-Mini Futures		350		Long		Jun 2019		65,359,992		66,535,000		1,175,008
											$	10,893,199

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

See Notes to Portfolio of Investments regarding investment transactions and other derivatives information.

Managed Volatility Moderate Portfolio
	Shares or
	Principal
	Amount		Value
AFFILIATED INVESTMENT COMPANIES (A) – 99.0%
Equity – 39.9%
Blue Chip Growth, Series NAV, JHVIT (T. Rowe Price)		1,910,285	$	68,712,956
Capital Appreciation, Series NAV, JHVIT (Jennison)		933,048		13,286,609
Emerging Markets Equity, Class NAV, JHIT (JHAM) (B)(C)		3,568,536		37,897,851
Equity Income, Series NAV, JHVIT (T. Rowe Price)		4,565,491		68,801,951
Fundamental Large Cap Core, Class NAV, JHIT (JHAM) (B)(C)		1,414,322		64,422,359
Fundamental Large Cap Value, Class NAV, JHF II (JHAM) (B)(C)		1,102,316		13,282,910
Mid Cap Stock, Series NAV, JHVIT (Wellington)		944,110		18,787,783
Mid Value, Series NAV, JHVIT (T. Rowe Price)		1,818,446		18,984,577
Multifactor Developed International ETF, JHETF (DFA)		509,781		14,314,243
Multifactor Emerging Markets ETF, JHETF (DFA)		625,592		15,980,810
Multifactor Large Cap ETF, JHETF (DFA)		1,128,329		41,138,875
Multifactor Mid Cap ETF, JHETF (DFA)		412,022		14,478,453
Multifactor Small Cap ETF, JHETF (DFA)		459,077		11,890,094
Small Cap Growth, Class NAV, JHF II (Redwood)		523,321		8,739,460
Small Cap Value, Series NAV, JHVIT (Wellington)		502,154		8,616,970
Strategic Equity Allocation, Series NAV, JHVIT (JHAM) (B)(C)		18,984,269		365,826,861
				785,162,762
Fixed income – 58.7%
Bond, Class NAV, JHSB (JHAM) (B)(C)		18,997,148		297,875,279
Core Bond, Series NAV, JHVIT (Wells Capital)		7,973,379		103,653,931
Select Bond, Series NAV, JHVIT (JHAM) (B)(C)		56,157,524		753,072,392
				1,154,601,602
Alternative – 0.4%
Global Conservative Absolute Return, Class NAV, JHBT (Aberdeen) (D)		819,503		7,834,449
TOTAL AFFILIATED INVESTMENT COMPANIES (Cost $1,911,590,821)			$	1,947,598,813
SHORT-TERM INVESTMENTS – 0.7%
Commercial paper – 0.2%
Bridgestone Americas, Inc. 2.550%, 04/01/2019 *	$	795,000		794,841

Managed Volatility Moderate Portfolio (continued)
	Shares or
	Principal
	Amount		Value
SHORT-TERM INVESTMENTS (continued)
Commercial paper (continued)
Cummins, Inc. 2.550%, 05/20/2019 *	$	965,000	$	961,510
University of California 2.450%, 04/10/2019 *		1,320,000		1,316,676
Yale University 2.480%, 05/02/2019 *		1,110,000		1,107,445
				4,180,472
U.S. Government Agency – 0.4%
Federal Home Loan Bank Discount Note 2.250%, 04/01/2019 *		3,764,000		3,764,000
2.415%, 06/14/2019 *		1,880,000		1,870,648
2.430%, 09/25/2019 *		1,430,000		1,413,056
2.455%, 07/31/2019 *		1,235,000		1,224,955
				8,272,659
Money market funds – 0.1%
State Street Institutional U.S. Government
Money Market Fund, Premier Class, 2.3851% (E)		702,710		702,710
TOTAL SHORT-TERM INVESTMENTS (Cost $13,157,386)			$	13,155,841
Total Investments (Managed Volatility Moderate Portfolio) (Cost $1,924,748,207) - 99.7%			$	1,960,754,654
Other assets and liabilities, net – 0.3%				5,708,804
TOTAL NET ASSETS – 100.0%			$	1,966,463,458

Security Abbreviations and Legend
JHBT	John Hancock Bond Trust
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)	Manulife Asset Management (US) LLC is doing business as John Hancock Asset Management.
(D)	Non-income producing.
(E)	The rate shown is the annualized seven-day yield as of 3-31-19.
*	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.

161

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Managed Volatility Moderate Portfolio (continued)

DERIVATIVES

FUTURES

Open contracts	Number of contracts		Position		Expiration date		Notional basis^		Notional value^		Unrealized appreciation (depreciation)
British Pound Currency Futures		31		Long		Jun 2019	$	2,549,752	$	2,529,600	$	(20,152	)
Euro FX Futures		46		Long		Jun 2019		6,523,213		6,490,888		(32,325	)
Euro STOXX 50 Index Futures		181		Long		Jun 2019		6,527,346		6,643,364		116,018
FTSE 100 Index Futures		27		Long		Jun 2019		2,477,050		2,536,006		58,956
Japanese Yen Currency Futures		29		Long		Jun 2019		3,289,046		3,290,775		1,729
MSCI Emerging Markets Index Futures		165		Long		Jun 2019		8,626,835		8,723,550		96,715
Nikkei 225 Index Futures		18		Long		Jun 2019		3,449,414		3,454,480		5,066
Russell 2000 E-Mini Index Futures		38		Long		Jun 2019		2,898,935		2,933,220		34,285
S&P 500 Index E-Mini Futures		363		Long		Jun 2019		50,092,764		51,509,700		1,416,936
S&P Mid 400 Index E-Mini Futures		46		Long		Jun 2019		8,566,963		8,744,600		177,637
											$	1,854,865

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

See Notes to Portfolio of Investments regarding investment transactions and other derivatives information.

Mid Cap Index Trust
	Shares or
	Principal
	Amount		Value
COMMON STOCKS – 96.5%
Communication services – 2.5%
Entertainment – 1.0%
Cinemark Holdings, Inc.		87,726	$	3,508,163
Live Nation Entertainment, Inc. (A)		113,868		7,235,173
World Wrestling Entertainment, Inc., Class A		36,016		3,125,468
				13,868,804
Interactive media and services – 0.2%
Cars.com, Inc. (A)		51,053		1,164,008
Yelp, Inc. (A)		62,136		2,143,692
				3,307,700
Media – 1.1%
AMC Networks, Inc., Class A (A)		36,835		2,090,755
Cable One, Inc.		4,080		4,004,030
John Wiley & Sons, Inc., Class A		37,327		1,650,600
Meredith Corp. (B)		32,908		1,818,496
TEGNA, Inc.		177,669		2,505,133
The New York Times Company, Class A		116,903		3,840,264
				15,909,278
Wireless telecommunication services – 0.2%
Telephone & Data Systems, Inc.		77,176		2,371,618
				35,457,400
Consumer discretionary – 11.5%
Auto components – 1.0%
Adient PLC		71,678		928,947
Dana, Inc.		118,003		2,093,373
Delphi Technologies PLC		73,023		1,406,423
Gentex Corp.		213,416		4,413,443
The Goodyear Tire & Rubber Company		191,127		3,468,955
Visteon Corp. (A)		23,245		1,565,551
				13,876,692
Automobiles – 0.2%
Thor Industries, Inc.		43,053		2,685,216
Distributors – 0.4%
Pool Corp.		32,436		5,350,967
Diversified consumer services – 0.9%
Adtalem Global Education, Inc. (A)		47,567		2,203,303
Graham Holdings Company, Class B		3,580		2,445,784
Service Corp. International		149,322		5,995,278
Sotheby’s (A)		27,082		1,022,346

Mid Cap Index Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
Diversified consumer services (continued)
Weight Watchers International, Inc. (A)		31,990	$	644,599
				12,311,310
Hotels, restaurants and leisure – 4.0%
Boyd Gaming Corp.		65,753		1,799,002
Brinker International, Inc.		30,859		1,369,522
Caesars Entertainment Corp. (A)		479,918		4,170,487
Churchill Downs, Inc.		29,184		2,634,148
Cracker Barrel Old Country Store, Inc. (B)		19,833		3,205,211
Domino’s Pizza, Inc.		33,789		8,720,941
Dunkin’ Brands Group, Inc.		67,965		5,104,172
Eldorado Resorts, Inc. (A)		53,645		2,504,685
International Speedway Corp., Class A		19,558		853,316
Jack in the Box, Inc.		21,243		1,721,958
Marriott Vacations Worldwide Corp.		32,373		3,026,876
Papa John’s International, Inc. (B)		18,480		978,516
Penn National Gaming, Inc. (A)		87,520		1,759,152
Scientific Games Corp. (A)		45,407		927,211
Six Flags Entertainment Corp.		58,831		2,903,310
Texas Roadhouse, Inc.		54,910		3,414,853
The Cheesecake Factory, Inc. (B)		34,417		1,683,680
The Wendy’s Company		149,686		2,677,883
Wyndham Destinations, Inc.		77,758		3,148,421
Wyndham Hotels & Resorts, Inc.		80,589		4,028,644
				56,631,988
Household durables – 1.4%
Helen of Troy, Ltd. (A)		21,068		2,443,045
KB Home		69,660		1,683,682
NVR, Inc. (A)		2,799		7,744,833
Tempur Sealy International, Inc. (A)		37,777		2,178,600
Toll Brothers, Inc.		110,460		3,998,652
TRI Pointe Group, Inc. (A)		116,273		1,469,691
Tupperware Brands Corp.		40,089		1,025,477
				20,543,980
Leisure products – 0.5%
Brunswick Corp.		71,578		3,602,521
Polaris Industries, Inc.		47,172		3,982,732
				7,585,253
Multiline retail – 0.3%
Dillard’s, Inc., Class A (B)		15,248		1,098,161

162

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Mid Cap Index Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
Multiline retail (continued)
Ollie’s Bargain Outlet Holdings, Inc. (A)		42,378	$	3,616,115
				4,714,276
Specialty retail – 2.0%
Aaron’s, Inc.		55,331		2,910,411
American Eagle Outfitters, Inc.		137,920		3,057,686
AutoNation, Inc. (A)		47,492		1,696,414
Bed Bath & Beyond, Inc. (B)		113,038		1,920,516
Dick’s Sporting Goods, Inc.		60,869		2,240,588
Five Below, Inc. (A)		45,895		5,702,454
Murphy USA, Inc. (A)		24,743		2,118,496
Sally Beauty Holdings, Inc. (A)		99,144		1,825,241
Signet Jewelers, Ltd.		42,839		1,163,507
The Michaels Companies, Inc. (A)		74,174		847,067
Urban Outfitters, Inc. (A)		62,179		1,842,986
Williams-Sonoma, Inc. (B)		65,902		3,708,306
				29,033,672
Textiles, apparel and luxury goods – 0.8%
Carter’s, Inc.		37,464		3,775,997
Deckers Outdoor Corp. (A)		24,032		3,532,464
Skechers U.S.A., Inc., Class A (A)		109,848		3,691,991
				11,000,452
				163,733,806
Consumer staples – 2.7%
Beverages – 0.1%
The Boston Beer Company, Inc., Class A (A)		7,170		2,113,214
Food and staples retailing – 0.4%
Casey’s General Stores, Inc.		30,100		3,875,977
Sprouts Farmers Market, Inc. (A)		102,199		2,201,366
				6,077,343
Food products – 1.7%
Flowers Foods, Inc.		150,728		3,213,521
Ingredion, Inc.		54,884		5,196,966
Lancaster Colony Corp.		16,106		2,523,649
Post Holdings, Inc. (A)		54,746		5,989,212
Sanderson Farms, Inc.		16,050		2,116,032
The Hain Celestial Group, Inc. (A)		73,852		1,707,458
Tootsie Roll Industries, Inc.		15,756		586,750
TreeHouse Foods, Inc. (A)		45,974		2,967,622
				24,301,210
Household products – 0.2%
Energizer Holdings, Inc.		52,351		2,352,130
Personal products – 0.3%
Edgewell Personal Care Company (A)		44,595		1,957,275
Nu Skin Enterprises, Inc., Class A		45,576		2,181,267
				4,138,542
				38,982,439
Energy – 3.7%
Energy equipment and services – 1.1%
Apergy Corp. (A)		63,828		2,620,778
Core Laboratories NV		36,487		2,515,046
Ensco PLC, Class A (B)		360,731		1,417,673
McDermott International, Inc. (A)		149,021		1,108,716
Oceaneering International, Inc. (A)		81,323		1,282,464
Patterson-UTI Energy, Inc.		175,782		2,464,464
Rowan Companies PLC, Class A (A)		104,872		1,131,569
Transocean, Ltd. (A)		416,020		3,623,534
				16,164,244
Oil, gas and consumable fuels – 2.6%
Callon Petroleum Company (A)		187,808		1,417,950
Chesapeake Energy Corp. (A)(B)		859,583		2,664,707

Mid Cap Index Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
Oil, gas and consumable fuels (continued)
CNX Resources Corp. (A)		163,224	$	1,757,922
EQT Corp.		209,957		4,354,508
Equitrans Midstream Corp.		167,161		3,640,767
Matador Resources Company (A)		85,442		1,651,594
Murphy Oil Corp.		133,791		3,920,076
Oasis Petroleum, Inc. (A)		223,108		1,347,572
PBF Energy, Inc., Class A		98,489		3,066,947
QEP Resources, Inc. (A)		195,397		1,522,143
Range Resources Corp.		170,897		1,920,882
SM Energy Company		85,141		1,489,116
Southwestern Energy Company (A)		445,553		2,089,644
World Fuel Services Corp.		55,481		1,602,846
WPX Energy, Inc. (A)		324,914		4,259,623
				36,706,297
				52,870,541
Financials – 15.5%
Banks – 6.9%
Associated Banc-Corp.		135,280		2,888,228
BancorpSouth Bank		74,850		2,112,267
Bank of Hawaii Corp.		33,943		2,677,084
Bank OZK		99,311		2,878,033
Cathay General Bancorp		62,961		2,135,008
Chemical Financial Corp.		58,957		2,426,670
Commerce Bancshares, Inc.		81,307		4,720,684
Cullen/Frost Bankers, Inc.		51,878		5,035,797
East West Bancorp, Inc.		119,345		5,724,980
Fifth Third Bancorp		1		21
First Financial Bankshares, Inc.		56,226		3,248,738
First Horizon National Corp.		261,933		3,661,823
FNB Corp.		267,611		2,836,677
Fulton Financial Corp.		139,846		2,164,816
Hancock Whitney Corp.		70,605		2,852,442
Home BancShares, Inc.		127,716		2,243,970
International Bancshares Corp.		44,842		1,705,341
PacWest Bancorp		99,422		3,739,261
Pinnacle Financial Partners, Inc.		59,991		3,281,508
Prosperity Bancshares, Inc.		54,562		3,768,052
Signature Bank		45,360		5,809,255
Sterling Bancorp		175,088		3,261,889
Synovus Financial Corp.		131,015		4,501,675
TCF Financial Corp.		135,009		2,793,336
Texas Capital Bancshares, Inc. (A)		41,411		2,260,626
Trustmark Corp.		53,667		1,804,821
UMB Financial Corp.		36,346		2,327,598
Umpqua Holdings Corp.		180,961		2,985,857
United Bankshares, Inc.		84,063		3,046,443
Valley National Bancorp		273,550		2,620,609
Webster Financial Corp.		75,866		3,844,130
Wintrust Financial Corp.		46,535		3,133,202
				98,490,841
Capital markets – 2.9%
Eaton Vance Corp.		94,811		3,821,831
Evercore, Inc., Class A		33,751		3,071,341
FactSet Research Systems, Inc.		31,319		7,775,568
Federated Investors, Inc., Class B		78,779		2,309,012
Interactive Brokers Group, Inc., Class A		61,705		3,201,255
Janus Henderson Group PLC		135,813		3,392,609
Legg Mason, Inc.		70,580		1,931,775
MarketAxess Holdings, Inc.		31,022		7,633,894
SEI Investments Company		106,289		5,553,600
Stifel Financial Corp.		59,172		3,121,915
				41,812,800
Consumer finance – 0.6%
Green Dot Corp., Class A (A)		39,181		2,376,328

163

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Mid Cap Index Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
Consumer finance (continued)
Navient Corp.		179,125	$	2,072,476
SLM Corp.		359,512		3,562,764
				8,011,568
Insurance – 4.5%
Alleghany Corp. (A)		11,913		7,295,521
American Financial Group, Inc.		58,042		5,584,221
Brown & Brown, Inc.		191,156		5,641,014
CNO Financial Group, Inc.		132,233		2,139,530
First American Financial Corp.		91,787		4,727,031
Genworth Financial, Inc., Class A (A)		413,236		1,582,694
Kemper Corp.		50,052		3,810,959
Mercury General Corp.		22,377		1,120,416
Old Republic International Corp.		234,092		4,897,205
Primerica, Inc.		35,065		4,283,190
Reinsurance Group of America, Inc.		51,706		7,341,218
RenaissanceRe Holdings, Ltd.		34,773		4,989,926
The Hanover Insurance Group, Inc.		33,418		3,815,333
W.R. Berkley Corp.		79,397		6,726,514
				63,954,772
Thrifts and mortgage finance – 0.6%
LendingTree, Inc. (A)(B)		6,140		2,158,578
New York Community Bancorp, Inc.		384,752		4,451,581
Washington Federal, Inc.		66,758		1,928,639
				8,538,798
				220,808,779
Health care – 9.4%
Biotechnology – 0.9%
Exelixis, Inc. (A)		247,280		5,885,264
Ligand Pharmaceuticals, Inc. (A)(B)		16,828		2,115,448
United Therapeutics Corp. (A)		35,968		4,221,564
				12,222,276
Health care equipment and supplies – 3.6%
Avanos Medical, Inc. (A)		39,138		1,670,410
Cantel Medical Corp.		29,953		2,003,556
Globus Medical, Inc., Class A (A)		62,732		3,099,588
Haemonetics Corp. (A)		41,981		3,672,498
Hill-Rom Holdings, Inc.		54,873		5,808,856
ICU Medical, Inc. (A)		13,695		3,277,624
Inogen, Inc. (A)		14,721		1,403,942
Integra LifeSciences Holdings Corp. (A)		58,341		3,250,761
LivaNova PLC (A)		40,031		3,893,015
Masimo Corp. (A)		40,234		5,563,558
NuVasive, Inc. (A)		42,434		2,409,827
STERIS PLC		69,618		8,913,193
West Pharmaceutical Services, Inc.		61,131		6,736,636
				51,703,464
Health care providers and services – 2.3%
Acadia Healthcare Company, Inc. (A)(B)		72,830		2,134,647
Amedisys, Inc. (A)		23,978		2,955,528
Chemed Corp.		13,143		4,206,680
Covetrus, Inc. (A)		78,833		2,510,831
Encompass Health Corp.		81,294		4,747,570
HealthEquity, Inc. (A)		44,620		3,300,988
MEDNAX, Inc. (A)		72,323		1,965,016
Molina Healthcare, Inc. (A)		51,387		7,294,899
Patterson Companies, Inc. (B)		68,171		1,489,536
Tenet Healthcare Corp. (A)		68,512		1,975,886
				32,581,581
Health care technology – 0.4%
Allscripts Healthcare Solutions, Inc. (A)		141,005		1,345,188
Medidata Solutions, Inc. (A)		51,273		3,755,235
				5,100,423

Mid Cap Index Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
Life sciences tools and services – 1.7%
Bio-Rad Laboratories, Inc., Class A (A)		16,572	$	5,065,729
Bio-Techne Corp.		31,091		6,173,118
Charles River Laboratories International, Inc. (A)		39,689		5,764,827
PRA Health Sciences, Inc. (A)		48,554		5,355,021
Syneos Health, Inc. (A)		50,258		2,601,354
				24,960,049
Pharmaceuticals – 0.5%
Catalent, Inc. (A)		119,962		4,869,258
Mallinckrodt PLC (A)		68,751		1,494,647
Prestige Consumer Healthcare, Inc. (A)		42,695		1,277,007
				7,640,912
				134,208,705
Industrials – 14.8%
Aerospace and defense – 0.8%
Curtiss-Wright Corp.		35,211		3,990,815
Teledyne Technologies, Inc. (A)		29,833		7,070,719
				11,061,534
Air freight and logistics – 0.3%
XPO Logistics, Inc. (A)(B)		89,891		4,830,742
Airlines – 0.3%
JetBlue Airways Corp. (A)		252,330		4,128,119
Building products – 0.9%
Lennox International, Inc.		29,546		7,811,962
Resideo Technologies, Inc. (A)		101,473		1,957,414
Trex Company, Inc. (A)		49,751		3,060,682
				12,830,058
Commercial services and supplies – 1.4%
Clean Harbors, Inc. (A)		41,836		2,992,529
Deluxe Corp.		35,935		1,571,078
Healthcare Services Group, Inc.		60,898		2,009,025
Herman Miller, Inc.		48,472		1,705,245
HNI Corp.		35,786		1,298,674
MSA Safety, Inc.		28,885		2,986,709
Pitney Bowes, Inc.		154,824		1,063,641
Stericycle, Inc. (A)		70,274		3,824,311
The Brink’s Company		40,871		3,082,082
				20,533,294
Construction and engineering – 1.2%
AECOM (A)		128,505		3,812,743
Dycom Industries, Inc. (A)		25,826		1,186,446
EMCOR Group, Inc.		46,113		3,369,938
Granite Construction, Inc.		38,405		1,657,176
KBR, Inc.		116,254		2,219,289
MasTec, Inc. (A)		50,704		2,438,862
Valmont Industries, Inc.		18,067		2,350,517
				17,034,971
Electrical equipment – 1.3%
Acuity Brands, Inc.		32,837		3,940,768
EnerSys		35,434		2,308,879
Hubbell, Inc.		44,948		5,302,965
nVent Electric PLC		132,762		3,581,919
Regal Beloit Corp.		35,216		2,883,134
				18,017,665
Industrial conglomerates – 0.4%
Carlisle Companies, Inc.		47,163		5,783,127
Machinery – 4.8%
AGCO Corp.		52,925		3,680,934
Colfax Corp. (A)		78,215		2,321,421
Crane Company		41,865		3,542,616
Donaldson Company, Inc.		105,254		5,269,015

164

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Mid Cap Index Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
Machinery (continued)
Graco, Inc.		136,093	$	6,739,325
IDEX Corp.		62,404		9,469,183
ITT, Inc.		71,947		4,172,926
Kennametal, Inc.		67,753		2,489,923
Lincoln Electric Holdings, Inc.		52,059		4,366,188
Nordson Corp.		42,477		5,629,052
Oshkosh Corp.		57,672		4,332,897
Terex Corp.		50,990		1,638,309
The Timken Company		56,125		2,448,173
The Toro Company		87,397		6,016,409
Trinity Industries, Inc.		109,761		2,385,107
Woodward, Inc.		46,031		4,367,882
				68,869,360
Marine – 0.2%
Kirby Corp. (A)		44,274		3,325,420
Professional services – 0.8%
ASGN, Inc. (A)		43,304		2,749,371
Insperity, Inc.		30,676		3,793,394
ManpowerGroup, Inc.		49,707		4,110,272
				10,653,037
Road and rail – 1.7%
Avis Budget Group, Inc. (A)		52,388		1,826,246
Genesee & Wyoming, Inc., Class A (A)		46,332		4,037,370
Knight-Swift Transportation Holdings, Inc.		102,537		3,350,909
Landstar System, Inc.		33,031		3,613,261
Old Dominion Freight Line, Inc.		53,450		7,717,646
Ryder System, Inc.		43,809		2,715,720
Werner Enterprises, Inc.		35,962		1,228,102
				24,489,254
Trading companies and distributors – 0.7%
GATX Corp.		30,130		2,301,028
MSC Industrial Direct Company, Inc., Class A		37,162		3,073,669
NOW, Inc. (A)		89,472		1,249,029
Watsco, Inc.		26,504		3,795,638
				10,419,364
				211,975,945
Information technology – 15.4%
Communications equipment – 1.4%
ARRIS International PLC (A)		134,860		4,262,925
Ciena Corp. (A)		118,421		4,421,840
InterDigital, Inc.		26,848		1,771,431
Lumentum Holdings, Inc. (A)		62,650		3,542,231
NetScout Systems, Inc. (A)		57,711		1,619,948
Plantronics, Inc.		26,963		1,243,264
ViaSat, Inc. (A)(B)		46,799		3,626,923
				20,488,562
Electronic equipment, instruments and components – 4.1%
Arrow Electronics, Inc. (A)		69,910		5,387,265
Avnet, Inc.		89,256		3,871,033
Belden, Inc.		32,426		1,741,276
Cognex Corp.		140,642		7,153,052
Coherent, Inc. (A)		20,018		2,836,951
Jabil, Inc.		115,910		3,082,047
Littelfuse, Inc.		20,340		3,711,643
National Instruments Corp.		92,550		4,105,518
SYNNEX Corp.		34,197		3,262,052
Tech Data Corp. (A)		30,660		3,139,891
Trimble, Inc. (A)		207,248		8,372,819
Vishay Intertechnology, Inc.		109,024		2,013,673

Mid Cap Index Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
Electronic equipment, instruments and components (continued)
Zebra Technologies Corp., Class A (A)		44,335	$	9,289,513
				57,966,733
IT services – 2.6%
CACI International, Inc., Class A (A)		20,506		3,732,502
CoreLogic, Inc. (A)		65,929		2,456,515
Leidos Holdings, Inc.		120,336		7,712,334
LiveRamp Holdings, Inc. (A)		56,127		3,062,850
MAXIMUS, Inc.		52,526		3,728,295
Perspecta, Inc.		115,787		2,341,213
Sabre Corp.		226,547		4,845,840
Science Applications International Corp.		41,895		3,223,820
WEX, Inc. (A)		35,489		6,813,533
				37,916,902
Semiconductors and semiconductor equipment – 3.0%
Cirrus Logic, Inc. (A)		48,694		2,048,557
Cree, Inc. (A)		84,992		4,863,242
Cypress Semiconductor Corp.		299,593		4,469,928
First Solar, Inc. (A)		62,276		3,290,664
MKS Instruments, Inc.		44,549		4,145,284
Monolithic Power Systems, Inc.		32,514		4,405,322
Silicon Laboratories, Inc. (A)		35,434		2,865,193
Synaptics, Inc. (A)		28,244		1,122,699
Teradyne, Inc.		142,941		5,694,769
Universal Display Corp. (B)		34,893		5,333,395
Versum Materials, Inc.		89,694		4,512,505
				42,751,558
Software – 4.1%
ACI Worldwide, Inc. (A)		95,707		3,145,889
Blackbaud, Inc.		39,901		3,181,307
CDK Global, Inc.		102,676		6,039,402
CommVault Systems, Inc. (A)		31,743		2,055,042
Fair Isaac Corp. (A)		23,947		6,504,724
j2 Global, Inc.		38,151		3,303,877
LogMeIn, Inc.		41,859		3,352,906
Manhattan Associates, Inc. (A)		53,529		2,949,983
PTC, Inc. (A)		87,906		8,103,175
Teradata Corp. (A)		96,577		4,215,586
The Ultimate Software Group, Inc. (A)		26,084		8,611,111
Tyler Technologies, Inc. (A)		31,529		6,444,528
				57,907,530
Technology hardware, storage and peripherals – 0.2%
NCR Corp. (A)		98,031		2,675,266
				219,706,551
Materials – 6.7%
Chemicals – 2.7%
Ashland Global Holdings, Inc.		51,565		4,028,773
Cabot Corp.		48,980		2,039,037
Ingevity Corp. (A)		34,266		3,618,832
Minerals Technologies, Inc.		29,098		1,710,671
NewMarket Corp.		7,181		3,113,394
Olin Corp.		135,725		3,140,677
PolyOne Corp.		63,965		1,874,814
RPM International, Inc.		108,383		6,290,549
Sensient Technologies Corp.		34,886		2,364,922
The Chemours Company		137,523		5,110,355
The Scotts Miracle-Gro Company		32,415		2,547,171
Valvoline, Inc.		154,511		2,867,724
				38,706,919
Construction materials – 0.2%
Eagle Materials, Inc.		37,786		3,185,360

165

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Mid Cap Index Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
Containers and packaging – 1.4%
AptarGroup, Inc.		51,834	$	5,514,619
Bemis Company, Inc.		75,108		4,166,992
Greif, Inc., Class A		21,407		883,039
Owens-Illinois, Inc.		126,437		2,399,774
Silgan Holdings, Inc.		63,417		1,879,046
Sonoco Products Company		82,129		5,053,397
				19,896,867
Metals and mining – 2.0%
Allegheny Technologies, Inc. (A)		103,716		2,652,018
Carpenter Technology Corp.		39,091		1,792,322
Commercial Metals Company		97,070		1,657,956
Compass Minerals International, Inc.		27,935		1,518,826
Reliance Steel & Aluminum Company		55,212		4,983,435
Royal Gold, Inc.		53,908		4,901,854
Steel Dynamics, Inc.		188,968		6,664,901
United States Steel Corp.		142,573		2,778,748
Worthington Industries, Inc.		32,310		1,205,809
				28,155,869
Paper and forest products – 0.4%
Domtar Corp.		51,908		2,577,232
Louisiana-Pacific Corp.		111,448		2,717,102
				5,294,334
				95,239,349
Real estate – 9.8%
Equity real estate investment trusts – 9.3%
Alexander & Baldwin, Inc. (A)		55,871		1,421,358
American Campus Communities, Inc.		112,784		5,366,263
Brixmor Property Group, Inc.		245,843		4,516,136
Camden Property Trust		79,579		8,077,269
CoreCivic, Inc.		97,936		1,904,855
CoreSite Realty Corp.		30,284		3,240,994
Corporate Office Properties Trust		90,749		2,477,448
Cousins Properties, Inc.		345,509		3,337,617
CyrusOne, Inc.		89,123		4,673,610
Douglas Emmett, Inc.		133,224		5,384,914
EPR Properties		61,684		4,743,500
First Industrial Realty Trust, Inc.		104,230		3,685,573
Healthcare Realty Trust, Inc.		103,348		3,318,504
Highwoods Properties, Inc.		85,097		3,980,838
Hospitality Properties Trust		135,175		3,556,454
JBG SMITH Properties		90,839		3,756,193
Kilroy Realty Corp.		83,138		6,315,162
Lamar Advertising Company, Class A		70,036		5,551,053
Liberty Property Trust		121,701		5,892,762
Life Storage, Inc.		38,455		3,740,518
Mack-Cali Realty Corp.		74,537		1,654,721
Medical Properties Trust, Inc.		313,798		5,808,401
National Retail Properties, Inc.		133,086		7,371,634
Omega Healthcare Investors, Inc.		168,157		6,415,190
Pebblebrook Hotel Trust		107,427		3,336,683
PotlatchDeltic Corp.		55,762		2,107,246
Rayonier, Inc.		106,377		3,353,003
Sabra Health Care REIT, Inc.		147,121		2,864,446
Senior Housing Properties Trust		195,063		2,297,842
Tanger Factory Outlet Centers, Inc.		77,492		1,625,782
Taubman Centers, Inc.		50,392		2,664,729
The GEO Group, Inc.		99,354		1,907,597
Uniti Group, Inc.		147,696		1,652,718
Urban Edge Properties		94,326		1,792,194
Weingarten Realty Investors		98,481		2,892,387
				132,685,594
Real estate management and development – 0.5%
Jones Lang LaSalle, Inc.		37,517		5,784,371

Mid Cap Index Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
Real estate management and development (continued)
Realogy Holdings Corp. (B)		93,334	$	1,064,008
				6,848,379
				139,533,973
Utilities – 4.5%
Electric utilities – 1.5%
ALLETE, Inc.		42,436		3,489,512
Hawaiian Electric Industries, Inc.		89,845		3,662,981
IDACORP, Inc.		41,446		4,125,535
OGE Energy Corp.		164,415		7,089,575
PNM Resources, Inc.		65,436		3,097,740
				21,465,343
Gas utilities – 1.9%
National Fuel Gas Company		70,940		4,324,502
New Jersey Resources Corp.		73,033		3,636,313
ONE Gas, Inc.		43,344		3,858,916
Southwest Gas Holdings, Inc.		43,738		3,597,888
Spire, Inc.		41,745		3,435,196
UGI Corp.		143,112		7,931,267
				26,784,082
Multi-utilities – 0.7%
Black Hills Corp.		44,542		3,299,226
MDU Resources Group, Inc.		161,220		4,164,313
NorthWestern Corp.		41,524		2,923,705
				10,387,244
Water utilities – 0.4%
Aqua America, Inc.		146,836		5,350,704
				63,987,373
TOTAL COMMON STOCKS (Cost $1,182,520,976)			$	1,376,504,861
SECURITIES LENDING COLLATERAL – 2.4%
John Hancock Collateral Trust, 2.6031% (C)(D)		3,438,811		34,411,499
TOTAL SECURITIES LENDING COLLATERAL (Cost $34,412,340)			$	34,411,499
SHORT-TERM INVESTMENTS – 3.3%
U.S. Government Agency – 2.9%
Federal Home Loan Bank Discount Note
2.400%, 04/15/2019 *	$	15,000,000		14,985,883
2.410%, 04/04/2019 *		16,000,000		15,996,773
2.410%, 04/18/2019 *		10,000,000		9,988,572
				40,971,228
Repurchase agreement – 0.4%
Repurchase Agreement with State Street Corp. dated 3-29-19 at 1.300% to be repurchased at $5,089,551 on 4-1-19, collateralized by $5,300,000 U.S. Treasury Notes, 1.125% due 9-30-21 (valued at $5,192,834, including interest)		5,089,000		5,089,000
TOTAL SHORT-TERM INVESTMENTS (Cost $46,060,406)			$	46,060,228
Total Investments (Mid Cap Index Trust) (Cost $1,262,993,722) – 102.2%			$	1,456,976,588
Other assets and liabilities, net – (2.2%)				(31,089,837	)
TOTAL NET ASSETS – 100.0%			$	1,425,886,751

Security Abbreviations and Legend
(A)	Non-income producing security.
(B)	All or a portion of this security is on loan as of 3-31-19. The value of securities on loan amounted to $33,626,553.
(C)	The rate shown is the annualized seven-day yield as of 3-31-19.

166

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Mid Cap Index Trust (continued)
(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.

Mid Cap Index Trust (continued)
*	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 Mid 400 Index E-Mini Futures		289		Long		Jun 2019	$	54,141,399	$	54,938,900	$	797,501
											$	797,501

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

See Notes to Portfolio of Investments regarding investment transactions and other derivatives information.

Mid Cap Stock Trust
	Shares or
	Principal
	Amount		Value
COMMON STOCKS – 87.5%
Communication services – 5.6%
Entertainment – 3.7%
Electronic Arts, Inc. (A)		38,211	$	3,883,384
Spotify Technology SA (A)		140,651		19,522,361
Take-Two Interactive Software, Inc. (A)		53,633		5,061,346
				28,467,091
Interactive media and services – 1.9%
TripAdvisor, Inc. (A)		135,051		6,948,374
Zillow Group, Inc., Class C (A)(B)		216,177		7,509,989
				14,458,363
Media – 0.0%
Ocean Outdoor, Ltd. (A)(C)		9,718		76,772
				43,002,226
Consumer discretionary – 17.5%
Diversified consumer services – 1.5%
Grand Canyon Education, Inc. (A)		99,620		11,407,486
Hotels, restaurants and leisure – 9.0%
Chipotle Mexican Grill, Inc. (A)		25,220		17,914,018
Hilton Grand Vacations, Inc. (A)		199,879		6,166,267
Marriott Vacations Worldwide Corp.		106,102		9,920,537
Norwegian Cruise Line Holdings, Ltd. (A)		216,691		11,909,337
Planet Fitness, Inc., Class A (A)		158,965		10,924,075
Vail Resorts, Inc.		57,400		12,473,020
				69,307,254
Household durables – 1.0%
Lennar Corp., A Shares		165,446		8,121,744
Internet and direct marketing retail – 1.4%
Wayfair, Inc., Class A (A)(B)		71,214		10,571,718
Leisure products – 0.9%
Polaris Industries, Inc.		84,085		7,099,297
Specialty retail – 2.5%
Burlington Stores, Inc. (A)		38,900		6,094,852
Floor & Decor Holdings, Inc., Class A (A)		316,157		13,031,992
JAND, Inc., Class A (A)(D)(E)		28,798		431,682
				19,558,526
Textiles, apparel and luxury goods – 1.2%
Under Armour, Inc., Class A (A)(B)		90,625		1,915,813
Under Armour, Inc., Class C (A)		387,242		7,307,257
				9,223,070
				135,289,095
Consumer staples – 4.1%

Mid Cap Stock Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
Beverages – 2.5%
Monster Beverage Corp. (A)		354,339	$	19,339,823
Food products – 1.6%
Lamb Weston Holdings, Inc.		169,676		12,715,519
				32,055,342
Energy – 1.1%
Oil, gas and consumable fuels – 1.1%
Diamondback Energy, Inc.		28,043		2,847,206
WPX Energy, Inc. (A)		449,725		5,895,895
				8,743,101
Financials – 1.0%
Capital markets – 1.0%
TD Ameritrade Holding Corp.		153,245		7,660,718
Diversified financial services – 0.0%
J2 Acquisition, Ltd. (A)(C)		24,340		219,978
				7,880,696
Health care – 22.4%
Biotechnology – 8.2%
Bluebird Bio, Inc. (A)(B)		12,564		1,976,694
CareDx, Inc. (A)		103,508		3,262,572
Exact Sciences Corp. (A)		292,339		25,322,404
Galapagos NV (A)		61,042		7,177,719
Galapagos NV, ADR (A)		8,312		978,987
Ionis Pharmaceuticals, Inc. (A)		145,206		11,786,371
Sage Therapeutics, Inc. (A)		53,396		8,492,634
Seattle Genetics, Inc. (A)		66,369		4,860,866
				63,858,247
Health care equipment and supplies – 12.9%
Align Technology, Inc. (A)		94,555		26,884,823
DexCom, Inc. (A)		54,338		6,471,656
Edwards Lifesciences Corp. (A)		74,389		14,232,847
Haemonetics Corp. (A)		209,775		18,351,117
Insulet Corp. (A)		154,503		14,691,690
Penumbra, Inc. (A)(B)		80,264		11,799,611
Tandem Diabetes Care, Inc. (A)		115,882		7,358,507
				99,790,251
Health care technology – 1.2%
Veeva Systems, Inc., Class A (A)		73,999		9,387,513
Pharmaceuticals – 0.1%
Elanco Animal Health, Inc. (A)		13,507		433,169
				173,469,180
Industrials – 8.8%

167

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Mid Cap Stock Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
Aerospace and defense – 2.1%
Harris Corp.		101,779	$	16,255,124
Commercial services and supplies – 1.4%
The Brink’s Company		147,764		11,142,883
Industrial conglomerates – 1.2%
Roper Technologies, Inc.		26,772		9,155,221
Machinery – 1.3%
IDEX Corp.		64,316		9,759,310
Professional services – 2.8%
CoStar Group, Inc. (A)		47,227		22,027,617
				68,340,155
Information technology – 26.9%
Electronic equipment, instruments and components – 2.1%
Zebra Technologies Corp., Class A (A)		76,021		15,928,680
IT services – 3.6%
GoDaddy, Inc., Class A (A)		134,908		10,143,733
Shopify, Inc., Class A (A)		44,758		9,247,898
Square, Inc., Class A (A)		115,699		8,668,169
				28,059,800
Semiconductors and semiconductor equipment – 3.3%
Advanced Micro Devices, Inc. (A)		737,007		18,808,419
Universal Display Corp.		41,732		6,378,736
				25,187,155
Software – 17.9%
2U, Inc. (A)(B)		162,765		11,531,900
Birst, Inc. (A)(E)		374,273		19,462
DraftKings, Inc. (A)(D)(E)		1,058,486		2,466,272
Fair Isaac Corp. (A)		41,800		11,354,134
Guidewire Software, Inc. (A)		237,000		23,026,920
Pivotal Software, Inc., Class A (A)		585,924		12,216,515
ServiceNow, Inc. (A)		102,249		25,203,356
Splunk, Inc. (A)		131,954		16,441,468
Workday, Inc., Class A (A)		132,810		25,612,409
Zendesk, Inc. (A)		127,326		10,822,710
				138,695,146
				207,870,781
Real estate – 0.1%
Real estate management and development – 0.1%
WeWork Companies, Inc., Class A (A)(D)(E)		7,544		474,140
TOTAL COMMON STOCKS (Cost $539,058,428)			$	677,124,716
PREFERRED SECURITIES – 7.3%
Communication services – 3.6%
Interactive media and services – 3.2%
Lookout, Inc., Series F (A)(D)(E)		211,003		1,498,121
Uber Technologies, Inc. (A)(D)(E)		420,446		22,943,738
				24,441,859
Media – 0.4%
Pinterest, Inc., Series G (A)(D)(E)		454,185		3,188,379
				27,630,238
Consumer discretionary – 1.3%
Diversified consumer services – 0.3%
The Honest Company, Inc., Series C (A)(D)(E)		75,561		2,346,925
Internet and direct marketing retail – 0.9%
Coupang LLC (A)(D)(E)		1,177,710		6,713,889
One Kings Lane, Inc. (A)(E)		302,694		48,431
				6,762,320

Mid Cap Stock Trust (continued)
	Shares or
	Principal
	Amount		Value
PREFERRED
SECURITIES (continued)
Specialty retail – 0.1%
JAND, Inc., Series D (A)(D)(E)		64,307	$	963,962
				10,073,207
Information technology – 0.9%
Software – 0.9%
Essence Group Holdings Corp. (A)(D)(E)		1,663,188		4,923,036
MarkLogic Corp., Series F (A)(D)(E)		253,035		2,479,743
				7,402,779
Real estate – 1.5%
Real estate management and development – 1.5%
WeWork Companies, Inc., Series D1 (A)(D)(E)		103,140		6,535,982
WeWork Companies, Inc., Series D2 (A)(D)(E)		81,039		5,135,441
				11,671,423
TOTAL PREFERRED SECURITIES (Cost $29,545,696)			$	56,777,647
WARRANTS – 0.0%
J2 Acquisition, Ltd. (Expiration Date: 10-10-20; Strike Price: $11.50) (A)		26,300		4,668
TOTAL WARRANTS (Cost $12,887)			$	4,668
SECURITIES LENDING COLLATERAL – 4.4%
John Hancock Collateral Trust, 2.6031% (F)(G)		3,382,334		33,846,337
TOTAL SECURITIES LENDING COLLATERAL (Cost $33,847,233)			$	33,846,337
SHORT-TERM INVESTMENTS – 5.5%
Repurchase agreement – 5.5%
Deutsche Bank Tri-Party Repurchase Agreement dated 3-29-19 at 2.570% to be repurchased at $42,909,188 on 4-1-19, collateralized by $5,456,975 Federal Home Loan Mortgage Corp., 3.500% - 4.000% due 4-1-32 to 11-1-45 (valued at $5,700,467, including interest)	$	42,900,000		42,900,000
TOTAL SHORT-TERM INVESTMENTS (Cost $42,900,000)			$	42,900,000
Total Investments (Mid Cap Stock Trust) (Cost $645,364,244) – 104.7%			$	810,653,368
Other assets and liabilities, net – (4.7%)				(36,730,826	)
TOTAL NET ASSETS – 100.0%			$	773,922,542

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 3-31-19. The value of securities on loan amounted to $33,125,022.
(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)	Direct placement securities are restricted as to resale, and the fund has limited rights to registration under the Securities Act of 1933. For more information on this security refer to the Notes to Portfolio of Investments.
(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 3-31-19.

168

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Mid Cap Stock Trust (continued)

(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.

Mid Value Trust
	Shares or
	Principal
	Amount		Value
COMMON STOCKS – 92.5%
Communication services – 3.3%
Entertainment – 1.3%
Viacom, Inc., Class B		308,289	$	8,653,672
Media – 2.0%
CBS Corp., Class B		64,230		3,052,852
DISH Network Corp., Class A (A)		23,900		757,391
News Corp., Class A		674,354		8,388,964
Scholastic Corp.		47,892		1,904,186
				14,103,393
				22,757,065
Consumer discretionary – 3.0%
Diversified consumer services – 0.7%
Strategic Education, Inc.		37,105		4,872,258
Specialty retail – 1.4%
The Gap, Inc.		59,900		1,568,182
Tiffany & Company		75,044		7,920,894
				9,489,076
Textiles, apparel and luxury goods – 0.9%
Ralph Lauren Corp.		47,859		6,206,355
				20,567,689
Consumer staples – 11.0%
Beverages – 1.6%
Carlsberg A/S, Class B		88,856		11,111,281
Molson Coors Brewing Company, Class B		1,800		107,370
				11,218,651
Food and staples retailing – 1.9%
Sysco Corp.		49,608		3,311,830
The Kroger Company		378,873		9,320,276
				12,632,106
Food products – 5.5%
Archer-Daniels-Midland Company		141,903		6,120,276
Bunge, Ltd.		261,940		13,901,156
Campbell Soup Company (B)		127,932		4,878,047
Flowers Foods, Inc.		567,871		12,107,010
Hostess Brands, Inc. (A)		50,127		626,588
				37,633,077
Household products – 0.9%
Kimberly-Clark Corp.		47,702		5,910,278
Personal products – 1.1%
Edgewell Personal Care Company (A)		175,260		7,692,161
				75,086,273
Energy – 11.9%
Energy equipment and services – 1.0%
Frank’s International NV (A)(B)		309,670		1,923,045
SEACOR Holdings, Inc. (A)		31,302		1,323,449
SEACOR Marine Holdings, Inc. (A)		98,958		1,317,131
Tidewater, Inc. (A)		95,900		2,223,921
				6,787,546
Oil, gas and consumable fuels – 10.9%
Apache Corp.		128,352		4,448,680
ARC Resources, Ltd. (B)		396,856		2,708,367
Cameco Corp.		559,649		6,598,262
Canadian Natural Resources, Ltd.		245,953		6,763,708
EQT Corp.		807,132		16,739,918
Equitrans Midstream Corp.		367,814		8,010,989

Mid Value Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
Oil, gas and consumable fuels (continued)
Hess Corp.		158,436	$	9,542,600
Imperial Oil, Ltd. (B)		399,480		10,933,768
Murphy Oil Corp.		220,456		6,459,361
NAC Kazatomprom JSC, GDR (A)		155,215		2,173,010
				74,378,663
				81,166,209
Financials – 16.3%
Banks – 2.7%
Fifth Third Bancorp		396,667		10,003,942
Popular, Inc.		44,908		2,341,054
Westamerica Bancorporation (B)		96,631		5,971,796
				18,316,792
Capital markets – 4.2%
Franklin Resources, Inc.		248,820		8,245,895
Lazard, Ltd., Class A		204,767		7,400,279
Northern Trust Corp.		146,042		13,203,657
				28,849,831
Consumer finance – 1.8%
Ally Financial, Inc.		181,164		4,980,198
Synchrony Financial		220,077		7,020,456
				12,000,654
Diversified financial services – 1.3%
Groupe Bruxelles Lambert SA		15,547		1,511,484
Jefferies Financial Group, Inc.		72,488		1,362,050
Pargesa Holding SA, Bearer Shares		52,124		4,087,843
Voya Financial, Inc.		37,967		1,896,831
				8,858,208
Insurance – 5.6%
Brighthouse Financial, Inc. (A)		57,687		2,093,461
Brown & Brown, Inc.		210,155		6,201,674
CNA Financial Corp.		176,510		7,651,709
Kemper Corp.		66,912		5,094,680
Loews Corp.		257,374		12,335,936
Marsh & McLennan Companies, Inc.		54,804		5,146,096
				38,523,556
Thrifts and mortgage finance – 0.7%
Capitol Federal Financial, Inc.		344,157		4,594,496
				111,143,537
Health care – 15.3%
Biotechnology – 2.1%
Alkermes PLC (A)		188,678		6,884,860
Incyte Corp. (A)		45,124		3,881,115
Seattle Genetics, Inc. (A)		47,519		3,480,292
				14,246,267
Health care equipment and supplies – 5.5%
Baxter International, Inc.		127,363		10,355,886
DENTSPLY SIRONA, Inc.		183,897		9,119,452
Hologic, Inc. (A)		204,562		9,900,801
Zimmer Biomet Holdings, Inc.		63,488		8,107,418
				37,483,557
Health care providers and services – 4.4%
Cardinal Health, Inc.		125,641		6,049,614
Covetrus, Inc. (A)		56,805		1,809,239
Henry Schein, Inc. (A)		11,713		704,068
MEDNAX, Inc. (A)		88,463		2,403,540
Patterson Companies, Inc.		442,554		9,669,805
Select Medical Holdings Corp. (A)		661,563		9,321,423
				29,957,689
Pharmaceuticals – 3.3%
Amneal Pharmaceuticals, Inc. (A)		52,697		746,716

169

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Mid Value Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
Pharmaceuticals (continued)
Elanco Animal Health, Inc. (A)		198,141	$	6,354,382
Perrigo Company PLC		231,110		11,130,258
Teva Pharmaceutical Industries, Ltd., ADR (A)		295,498		4,633,409
				22,864,765
				104,552,278
Industrials – 8.0%
Aerospace and defense – 2.2%
Cobham PLC (A)		1,920,830		2,762,695
Textron, Inc.		242,161		12,267,876
				15,030,571
Air freight and logistics – 1.8%
C.H. Robinson Worldwide, Inc.		89,681		7,801,350
Expeditors International of Washington, Inc.		62,572		4,749,215
				12,550,565
Commercial services and supplies – 0.5%
Cintas Corp.		16,484		3,331,581
Machinery – 2.4%
AGCO Corp.		58,761		4,086,828
PACCAR, Inc.		13,300		906,262
Wabtec Corp. (B)		44,175		3,256,581
Xylem, Inc.		98,595		7,792,949
				16,042,620
Road and rail – 1.1%
J.B. Hunt Transport Services, Inc.		25,400		2,572,766
Kansas City Southern		40,973		4,752,049
				7,324,815
				54,280,152
Information technology – 2.6%
Electronic equipment, instruments and components – 0.9%
AVX Corp.		196,220		3,402,455
National Instruments Corp.		59,318		2,631,346
				6,033,801
Semiconductors and semiconductor equipment – 1.1%
Applied Materials, Inc.		187,900		7,452,114
Technology hardware, storage and peripherals – 0.6%
Western Digital Corp.		92,800		4,459,968
				17,945,883
Materials – 8.6%
Chemicals – 1.2%
CF Industries Holdings, Inc.		19,846		811,304
FMC Corp.		15,990		1,228,352
PPG Industries, Inc.		24,319		2,744,886
RPM International, Inc.		63,100		3,662,324
				8,446,866
Construction materials – 1.2%
Summit Materials, Inc., Class A (A)		152,700		2,423,349
Vulcan Materials Company		45,465		5,383,056
				7,806,405
Metals and mining – 6.2%
Barrick Gold Corp.		717,714		9,839,859
Cia de Minas Buenaventura SAA, ADR		239,238		4,134,033
Franco-Nevada Corp.		116,335		8,721,969
Freeport-McMoRan, Inc.		225,600		2,907,984
Newmont Mining Corp.		355,079		12,701,176
Nucor Corp.		68,707		4,009,053
				42,314,074
				58,567,345

Mid Value Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
Real estate – 7.2%
Equity real estate investment trusts – 6.1%
Equity Commonwealth		235,642	$	7,703,137
Equity Residential		111,196		8,375,283
Rayonier, Inc.		361,049		11,380,264
Regency Centers Corp.		55,975		3,777,753
Weyerhaeuser Company		401,697		10,580,699
				41,817,136
Real estate management and development – 1.1%
Realogy Holdings Corp. (B)		415,236		4,733,690
The St. Joe Company (A)		144,628		2,384,916
				7,118,606
				48,935,742
Utilities – 5.3%
Electric utilities – 3.9%
Entergy Corp.		36,871		3,525,974
FirstEnergy Corp.		378,919		15,766,820
PG&E Corp. (A)		408,092		7,264,038
				26,556,832
Independent power and renewable electricity producers – 0.9%
Vistra Energy Corp.		244,735		6,370,452
Multi-utilities – 0.5%
Dominion Energy, Inc.		45,156		3,461,659
				36,388,943
TOTAL COMMON STOCKS (Cost $591,890,217)			$	631,391,116
PREFERRED SECURITIES – 0.3%
Consumer staples – 0.3%
Food products – 0.3%
Bunge, Ltd., 4.875%		18,222		1,803,978
TOTAL PREFERRED SECURITIES (Cost $2,064,626)			$	1,803,978
SECURITIES LENDING COLLATERAL – 3.0%
John Hancock Collateral Trust, 2.6031% (C)(D)		2,039,116		20,405,024
TOTAL SECURITIES LENDING COLLATERAL (Cost $20,405,330)			$	20,405,024
SHORT-TERM INVESTMENTS – 7.2%
Money market funds – 7.2%
State Street Institutional U.S. Government Money Market Fund, Premier Class, 2.3851% (C)		2,000,000		2,000,000
T. Rowe Price Government Reserve Fund, 2.4853% (C)		47,472,012		47,472,012
				49,472,012
TOTAL SHORT-TERM INVESTMENTS (Cost $49,472,012)			$	49,472,012
Total Investments (Mid Value Trust) (Cost $663,832,185) – 103.0%			$	703,072,130
Other assets and liabilities, net – (3.0%)				(20,314,529	)
TOTAL NET ASSETS – 100.0%			$	682,757,601

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 3-31-19. The value of securities on loan amounted to $19,849,671.
(C)	The rate shown is the annualized seven-day yield as of 3-31-19.
(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.

170

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Mutual Shares Trust
	Shares or
	Principal
	Amount		Value
COMMON STOCKS – 87.7%
Communication services – 10.7%
Diversified telecommunication services – 1.5%
AT&T, Inc.		39,859	$	1,249,978
Koninklijke KPN NV		335,100		1,063,732
				2,313,710
Entertainment – 2.3%
The Walt Disney Company		32,056		3,559,178
Media – 5.5%
Charter Communications, Inc., Class A (A)		10,314		3,578,030
Comcast Corp., Class A		61,072		2,441,659
Discovery, Inc., Series C (A)		55,300		1,405,726
DISH Network Corp., Class A (A)		33,142		1,050,270
				8,475,685
Wireless telecommunication services – 1.4%
T-Mobile US, Inc. (A)		29,600		2,045,360
				16,393,933
Consumer discretionary – 4.9%
Auto components – 0.3%
The Goodyear Tire & Rubber Company		27,434		497,927
Automobiles – 1.3%
General Motors Company		52,896		1,962,442
Household durables – 2.6%
Lennar Corp., A Shares		28,100		1,379,429
Newell Brands, Inc.		116,016		1,779,685
Toll Brothers, Inc.		22,400		810,880
				3,969,994
Textiles, apparel and luxury goods – 0.7%
PVH Corp.		9,700		1,182,915
				7,613,278
Consumer staples – 6.5%
Food and staples retailing – 2.6%
The Kroger Company		85,631		2,106,523
Walgreens Boots Alliance, Inc.		28,930		1,830,401
				3,936,924
Household products – 0.6%
Energizer Holdings, Inc.		21,313		957,593
Tobacco – 3.3%
Altria Group, Inc.		27,572		1,583,460
British American Tobacco PLC		51,908		2,165,488
British American Tobacco PLC, ADR		17,408		726,262
Imperial Brands PLC		19,494		666,834
				5,142,044
				10,036,561
Energy – 10.3%
Energy equipment and services – 1.4%
Baker Hughes, a GE Company		68,487		1,898,460
McDermott International, Inc. (A)		29,389		218,654
				2,117,114
Oil, gas and consumable fuels – 8.9%
Anadarko Petroleum Corp.		37,070		1,685,944
BP PLC		164,687		1,195,870
Kinder Morgan, Inc.		137,600		2,753,376
Marathon Oil Corp.		126,877		2,120,115
Plains GP Holdings LP, Class A (A)		44,201		1,101,489
Royal Dutch Shell PLC, A Shares		31,946		1,003,932
Royal Dutch Shell PLC, A Shares (London Stock Exchange)		57,102		1,791,512

Mutual Shares Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
Oil, gas and consumable fuels (continued)
The Williams Companies, Inc.		73,384	$	2,107,588
				13,759,826
				15,876,940
Financials – 22.4%
Banks – 11.0%
Barclays PLC		426,990		860,072
Cadence Bancorp		20,900		387,695
CIT Group, Inc.		32,008		1,535,424
Citigroup, Inc.		42,560		2,648,083
Citizens Financial Group, Inc.		80,735		2,623,888
Independent Bank Group, Inc.		5,773		296,097
JPMorgan Chase & Co.		33,812		3,422,789
Synovus Financial Corp.		63,831		2,193,233
Wells Fargo & Company		61,693		2,981,006
				16,948,287
Consumer finance – 1.8%
Ally Financial, Inc.		31,149		856,286
Capital One Financial Corp.		23,262		1,900,273
				2,756,559
Diversified financial services – 1.2%
Voya Financial, Inc.		36,330		1,815,047
Insurance – 8.4%
Alleghany Corp. (A)		4,369		2,675,576
American International Group, Inc.		67,565		2,909,349
Brighthouse Financial, Inc. (A)		26,700		968,943
Chubb, Ltd.		16,792		2,352,223
MetLife, Inc.		41,839		1,781,086
The Hartford Financial Services Group, Inc.		43,259		2,150,837
				12,838,014
				34,357,907
Health care – 12.3%
Biotechnology – 0.6%
Celgene Corp. (A)		9,773		921,985
Health care equipment and supplies – 3.6%
Medtronic PLC		61,076		5,562,795
Health care providers and services – 1.2%
CVS Health Corp.		34,948		1,884,746
Pharmaceuticals – 6.9%
Eli Lilly & Company		18,230		2,365,525
GlaxoSmithKline PLC		36,961		767,894
Merck & Company, Inc.		37,662		3,132,349
Novartis AG, ADR		44,463		4,274,673
				10,540,441
				18,909,967
Industrials – 6.4%
Aerospace and defense – 1.1%
BAE Systems PLC		212,441		1,335,354
Huntington Ingalls Industries, Inc.		1,775		367,780
				1,703,134
Building products – 1.3%
Johnson Controls International PLC		55,200		2,039,088
Construction and engineering – 0.7%
Fluor Corp.		28,447		1,046,850
Electrical equipment – 1.5%
Sensata Technologies Holding PLC (A)		51,497		2,318,395
Industrial conglomerates – 1.0%
General Electric Company		160,158		1,599,978
Machinery – 0.8%
CNH Industrial NV		110,402		1,124,850

171

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Mutual Shares Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
Machinery (continued)
Wabtec Corp.		801	$	59,050
				1,183,900
				9,891,345
Information technology – 9.9%
Communications equipment – 2.0%
Cisco Systems, Inc.		55,860		3,015,881
IT services – 1.7%
Cognizant Technology Solutions Corp., Class A		35,626		2,581,104
Software – 2.7%
Red Hat, Inc. (A)		8,600		1,571,220
Symantec Corp.		112,937		2,596,422
				4,167,642
Technology hardware, storage and peripherals – 3.5%
Hewlett Packard Enterprise Company		86,693		1,337,673
Samsung Electronics Company, Ltd.		63,416		2,501,313
Western Digital Corp.		32,400		1,557,144
				5,396,130
				15,160,757
Materials – 1.7%
Containers and packaging – 1.6%
International Paper Company		44,080		2,039,582
Westrock Company		12,086		463,498
				2,503,080
Metals and mining – 0.1%
Warrior Met Coal, Inc.		4,003		121,691
				2,624,771
Real estate – 1.8%
Equity real estate investment trusts – 1.8%
Alexander’s, Inc.		3,022		1,136,786
Vornado Realty Trust		23,418		1,579,310
				2,716,096
Utilities – 0.8%
Independent power and renewable electricity producers – 0.8%
Vistra Energy Corp.		45,613		1,187,306
TOTAL COMMON STOCKS (Cost $123,919,509)			$	134,768,861
CORPORATE BONDS – 4.6%
Communication services – 2.9%
Frontier Communications Corp.
8.000%, 04/01/2027 (B)	$	267,000		275,678
10.500%, 09/15/2022		905,000		690,063
11.000%, 09/15/2025		1,015,000		668,804
iHeartCommunications, Inc. 9.000%, 12/15/2019 (C)		3,977,000		2,823,670
				4,458,215
Energy – 0.2%
McDermott Technology Americas, Inc. 10.625%, 05/01/2024 (B)		405,000		336,656

Mutual Shares Trust (continued)
	Shares or
	Principal
	Amount		Value
CORPORATE BONDS (continued)
Information technology – 1.2%
Banff Merger Sub, Inc. 9.750%, 09/01/2026 (B)	$	762,000	$	739,140
Veritas US, Inc.
7.500%, 02/01/2023 (B)		200,000		191,000
10.500%, 02/01/2024 (B)		983,000		877,328
				1,807,468
Utilities – 0.3%
Pacific Gas & Electric Company
3.750%, 08/15/2042 (C)		44,000		34,540
3.950%, 12/01/2047 (C)		100,000		80,250
4.000%, 12/01/2046 (C)		242,000		195,113
4.450%, 04/15/2042 (C)		131,000		112,333
				422,236
TOTAL CORPORATE BONDS (Cost $8,452,753)			$	7,024,575
ESCROW CERTIFICATES – 0.0%
Texas Competitive Electric Holdings Company LLC 11.500%, 10/01/2020 (A)(D)		7,466,240		11,199
TOTAL ESCROW CERTIFICATES (Cost $3,316)			$	11,199
SHORT-TERM INVESTMENTS – 7.5%
U.S. Government – 2.3%
U.S. Treasury Bill
2.436%, 08/15/2019 *		1,500,000		1,486,484
2.458%, 07/05/2019 *		2,000,000		1,987,526
				3,474,010
U.S. Government Agency – 5.2%
Federal Home Loan Bank Discount Note 2.250%, 04/01/2019 *		8,000,000		8,000,000
TOTAL SHORT-TERM INVESTMENTS (Cost $11,473,226)			$	11,474,010
Total Investments (Mutual Shares Trust) (Cost $143,848,804) – 99.8%			$	153,278,645
Other assets and liabilities, net – 0.2%				329,748
TOTAL NET ASSETS – 100.0%			$	153,608,393

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)	Non-income producing - Issuer is in default.
(D)	Security is valued using significant unobservable inputs and is classified as Level 3 in the fair value hierarchy.
*	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

FORWARD FOREIGN CURRENCY CONTRACTS

Contract to buy		Contract to sell			Counterparty (OTC)	Contractual settlement date	Unrealized appreciation		Unrealized depreciation
EUR	6,228		USD	6,997	Bank of America, N.A.	4/18/2019		—	($	1	)
EUR	4,245		USD	4,775	HSBC Bank PLC	4/18/2019		—		(7	)

172

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Mutual Shares Trust (continued)

FORWARD FOREIGN CURRENCY CONTRACTS (continued)

Contract to buy		Contract to sell			Counterparty (OTC)	Contractual settlement date		Unrealized appreciation		Unrealized depreciation
KRW	82,440,800		USD	72,716	HSBC Bank PLC		4/12/2019		—	($	204	)
USD	2,633,941		EUR	2,328,687	Bank of America, N.A.		4/18/2019	$	18,191		—
USD	44,502		EUR	39,095	HSBC Bank PLC		4/18/2019		588		—
USD	4,298,242		GBP	3,234,437	Bank of America, N.A.		4/24/2019		80,868		—
USD	2,538,216		KRW	2,860,061,600	HSBC Bank PLC		4/12/2019		22,610		—
								$	122,257	($	212	)

Derivatives Currency Abbreviations
EUR	Euro
GBP	Pound Sterling
KRW	Korean Won
USD	U.S. Dollar
Derivatives Abbreviations
OTC	Over-the-counter

See Notes to Portfolio of Investments regarding investment transactions and other derivatives information.

Real Estate Securities Trust
	Shares or
	Principal
	Amount		Value
COMMON STOCKS – 99.4%
Information technology – 0.5%
IT services – 0.5%
IT consulting and other services – 0.5%
InterXion Holding NV (A)		25,927	$	1,730,109
Real estate – 98.9%
Equity real estate investment trusts – 98.9%
Diversified REITs – 6.6%
Essential Properties Realty Trust, Inc.		250,742		4,894,484
Liberty Property Trust		152,547		7,386,326
STORE Capital Corp.		319,718		10,710,553
				22,991,363
Health care REITs – 11.7%
HCP, Inc.		293,071		9,173,122
Medical Properties Trust, Inc.		324,726		6,010,678
Omega Healthcare Investors, Inc.		118,790		4,531,839
Physicians Realty Trust		336,419		6,328,041
Welltower, Inc.		184,147		14,289,807
				40,333,487
Hotel and resort REITs – 6.1%
MGM Growth Properties LLC, Class A		253,080		8,161,830
Ryman Hospitality Properties, Inc.		109,522		9,007,089
Sunstone Hotel Investors, Inc.		271,102		3,903,869
				21,072,788
Industrial REITs – 10.9%
Americold Realty Trust		355,268		10,839,227
Prologis, Inc.		213,784		15,381,759
Rexford Industrial Realty, Inc.		234,795		8,408,009
STAG Industrial, Inc.		108,818		3,226,454
				37,855,449
Office REITs – 12.3%
Alexandria Real Estate Equities, Inc.		89,176		12,712,931
Douglas Emmett, Inc.		164,207		6,637,247
JBG SMITH Properties		147,376		6,093,998
Kilroy Realty Corp.		66,924		5,083,547
Paramount Group, Inc.		313,250		4,445,018
Vornado Realty Trust		113,070		7,625,441
				42,598,182

Real Estate Securities Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
Residential REITs – 19.3%
American Campus Communities, Inc.		131,837	$	6,272,804
Apartment Investment & Management Company, A Shares		174,321		8,766,603
Equity LifeStyle Properties, Inc.		100,514		11,488,750
Equity Residential		227,224		17,114,512
Essex Property Trust, Inc.		44,114		12,759,533
Mid-America Apartment Communities, Inc.		95,678		10,460,476
				66,862,678
Retail REITs – 15.6%
Acadia Realty Trust		14,940		407,414
Agree Realty Corp.		74,417		5,160,075
Brixmor Property Group, Inc.		241,869		4,443,134
Kimco Realty Corp.		435,428		8,055,418
Realty Income Corp.		98,228		7,225,652
Regency Centers Corp.		116,929		7,891,538
Simon Property Group, Inc.		101,856		18,559,178
The Macerich Company		51,649		2,238,984
				53,981,393
Specialized REITs – 16.4%
CoreSite Realty Corp.		54,182		5,798,558
Crown Castle International Corp.		54,773		7,010,944
CubeSmart		306,168		9,809,623
CyrusOne, Inc.		79,018		4,143,704
Equinix, Inc.		35,941		16,287,024
Extra Space Storage, Inc.		123,368		12,572,433
Public Storage		5,622		1,224,359
				56,846,645
				342,541,985
TOTAL COMMON STOCKS (Cost $310,390,222)			$	344,272,094

173

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Real Estate Securities Trust (continued)
	Shares or
	Principal
	Amount		Value
SHORT-TERM INVESTMENTS – 0.5%
Money market funds – 0.5%
State Street Institutional U.S. Government Money Market Fund, Premier Class, 2.3851% (B)		1,676,755	$	1,676,755
TOTAL SHORT-TERM INVESTMENTS (Cost $1,676,755)			$	1,676,755
Total Investments (Real Estate Securities Trust) (Cost $312,066,977) – 99.9%			$	345,948,849
Other assets and liabilities, net – 0.1%				200,192
TOTAL NET ASSETS – 100.0%			$	346,149,041

Security Abbreviations and Legend

(A) Non-income producing security.

(B) The rate shown is the annualized seven-day yield as of 3-31-19.

Science & Technology Trust
	Shares or
	Principal
	Amount		Value
COMMON STOCKS – 90.9%
Communication services – 15.6%
Entertainment – 0.7%
Electronic Arts, Inc. (A)		13,025	$	1,323,731
Netflix, Inc. (A)		11,920		4,250,195
Tencent Music Entertainment Group, ADR (A)		2		36
Zynga, Inc., Class A (A)		116,985		623,530
				6,197,492
Interactive media and services – 14.7%
58.com, Inc., ADR (A)		15,507		1,018,500
Alphabet, Inc., Class A (A)		7,602		8,946,718
Alphabet, Inc., Class C (A)		21,919		25,717,782
Facebook, Inc., Class A (A)		409,365		68,237,052
Mail.Ru Group, Ltd., GDR (A)		383,733		9,492,697
NAVER Corp.		66,428		7,270,031
Tencent Holdings, Ltd.		75,415		3,468,169
Yandex NV, Class A (A)		22,030		756,510
				124,907,459
Media – 0.2%
News Corp., Class A		169,300		2,106,092
				133,211,043
Consumer discretionary – 15.4%
Automobiles – 1.3%
Tesla, Inc. (A)(B)		40,215		11,254,570
Internet and direct marketing retail – 14.1%
Alibaba Group Holding, Ltd., ADR (A)		67,620		12,337,269
Amazon.com, Inc. (A)		16,888		30,073,306
Booking Holdings, Inc. (A)		10,733		18,728,119
Ctrip.com International, Ltd., ADR (A)		724,376		31,647,987
GrubHub, Inc. (A)		4,910		341,098
Naspers, Ltd., N Shares		48,787		11,369,401
Zalando SE (A)(C)		384,981		15,040,897
				119,538,077
				130,792,647
Health care – 0.6%
Biotechnology – 0.1%
Grifols SA, ADR		43,954		883,915
Health care equipment and supplies – 0.4%
Intuitive Surgical, Inc. (A)		5,232		2,985,275

Science & Technology Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
Health care technology – 0.1%
Veeva Systems, Inc., Class A (A)		9,535	$	1,209,610
				5,078,800
Industrials – 0.5%
Electrical equipment – 0.3%
Bloom Energy Corp., Class A (A)(B)		211,094		2,727,334
Industrial conglomerates – 0.2%
Roper Technologies, Inc.		5,340		1,826,120
				4,553,454
Information technology – 58.3%
Communications equipment – 0.9%
Arista Networks, Inc. (A)		18,987		5,970,652
Cisco Systems, Inc.		24,785		1,338,142
Nokia OYJ, ADR (B)		60,280		344,802
Viavi Solutions, Inc. (A)		30,395		376,290
				8,029,886
Electronic equipment, instruments and components – 0.9%
CDW Corp.		1,535		147,928
Cognex Corp.		12,915		656,857
Coherent, Inc. (A)		30,891		4,377,873
Largan Precision Company, Ltd.		17,000		2,549,725
				7,732,383
IT services – 11.5%
Capgemini SE		9,605		1,165,488
DXC Technology Company		121,925		7,840,997
First Data Corp., Class A (A)		29,010		762,093
Fiserv, Inc. (A)		5,825		514,231
Mastercard, Inc., Class A		48,965		11,528,809
MongoDB, Inc. (A)(B)		66,180		9,729,784
Okta, Inc. (A)		178,975		14,806,602
PayPal Holdings, Inc. (A)		79,720		8,278,125
Square, Inc., Class A (A)		171,195		12,825,929
Twilio, Inc., Class A (A)		149,755		19,345,351
Visa, Inc., Class A		61,345		9,581,476
Worldpay, Inc., Class A (A)		12,155		1,379,593
				97,758,478
Semiconductors and semiconductor equipment – 16.6%
Analog Devices, Inc.		26,315		2,770,180
Applied Materials, Inc.		208,290		8,260,781
ASML Holding NV		36,412		6,843,627
Broadcom, Inc.		31,655		9,518,975
Cree, Inc. (A)		170,255		9,741,991
Cypress Semiconductor Corp.		99,465		1,484,018
Infineon Technologies AG		82,100		1,629,883
Intel Corp.		33,885		1,819,625
KLA-Tencor Corp.		32,360		3,864,108
Lam Research Corp.		72,615		12,998,811
Marvell Technology Group, Ltd.		546,543		10,870,740
Maxim Integrated Products, Inc.		128,529		6,833,887
Microchip Technology, Inc. (B)		83,065		6,891,072
Micron Technology, Inc. (A)		363,160		15,009,403
NVIDIA Corp.		74,660		13,405,950
NXP Semiconductors NV		45,400		4,012,901
ON Semiconductor Corp. (A)		464,780		9,560,525
Qorvo, Inc. (A)		68,300		4,899,159
Taiwan Semiconductor Manufacturing Company, Ltd., ADR		9,440		386,662
Teradyne, Inc.		49,250		1,962,120
Texas Instruments, Inc.		79,992		8,484,751
				141,249,169
Software – 23.1%
Adobe, Inc. (A)		8,000		2,131,920
Aspen Technology, Inc. (A)		4,095		426,945

174

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Science & Technology Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
Software (continued)
Atlassian Corp. PLC, Class A (A)		39,140	$	4,398,945
Autodesk, Inc. (A)		3,185		496,287
AVEVA Group PLC		44,575		1,874,388
CyberArk Software, Ltd. (A)		12,250		1,458,363
DocuSign, Inc. (A)		7,100		368,064
Elastic NV (A)(B)		28,885		2,307,045
Ellie Mae, Inc. (A)		28,586		2,821,152
FireEye, Inc. (A)		20,505		344,279
ForeScout Technologies, Inc. (A)		36,625		1,534,954
Fortinet, Inc. (A)		30,110		2,528,337
Guidewire Software, Inc. (A)		3,995		388,154
HubSpot, Inc. (A)		5,960		990,612
Intuit, Inc.		14,889		3,892,133
Micro Focus International PLC		19,920		517,908
Microsoft Corp.		294,919		34,782,747
New Relic, Inc. (A)		7,625		752,588
Nutanix, Inc., Class A (A)		176,360		6,655,826
Oracle Corp.		44,000		2,363,240
Palo Alto Networks, Inc. (A)		29,495		7,163,746
Paycom Software, Inc. (A)		111,185		21,028,419
Proofpoint, Inc. (A)		60,375		7,331,336
Rapid7, Inc. (A)		24,725		1,251,332
RealPage, Inc. (A)		12,310		747,094
RingCentral, Inc., Class A (A)		119,375		12,868,625
salesforce.com, Inc. (A)		54,164		8,577,953
ServiceNow, Inc. (A)		90,360		22,272,836
Smartsheet, Inc., Class A (A)		9,200		375,268
Sophos Group PLC (C)		78,775		309,063
Symantec Corp.		498,893		11,469,550
Synopsys, Inc. (A)		96,700		11,135,005
Tableau Software, Inc., Class A (A)		47,030		5,985,978
Temenos AG (A)		5,700		840,952
Workday, Inc., Class A (A)		54,750		10,558,538
Zendesk, Inc. (A)		13,170		1,119,450
Zscaler, Inc. (A)		44,295		3,141,844
				197,210,876
Technology hardware, storage and peripherals – 5.3%
Apple, Inc.		23,045		4,377,398
NetApp, Inc.		212,660		14,745,844
Pure Storage, Inc., Class A (A)		238,139		5,189,049
Samsung Electronics Company, Ltd.		534,538		21,083,746
				45,396,037
				497,376,829
Materials – 0.5%
Chemicals – 0.5%
DowDuPont, Inc.		76,300		4,067,553
TOTAL COMMON STOCKS (Cost $650,714,163)			$	775,080,326
EXCHANGE-TRADED FUNDS – 2.2%
Altaba, Inc. (A)		250,243		18,548,011
TOTAL EXCHANGE-TRADED FUNDS (Cost $12,309,316)			$	18,548,011
PREFERRED SECURITIES – 0.1%
Consumer discretionary – 0.1%
Internet and direct marketing retail – 0.1%
Airbnb, Inc., Series E (A)(D)(E)		8,624		941,913
Information technology – 0.0%
Software – 0.0%
DiDi Chuxing, Inc. (A)(D)(E)		9,513		456,529
TOTAL PREFERRED SECURITIES (Cost $1,063,751)			$	1,398,442

Science & Technology Trust (continued)
	Shares or
	Principal
	Amount		Value
SECURITIES LENDING COLLATERAL – 2.2%
John Hancock Collateral Trust, 2.6031% (F)(G)		1,898,902	$	19,001,936
TOTAL SECURITIES LENDING COLLATERAL (Cost $19,002,378)			$	19,001,936
SHORT-TERM INVESTMENTS –6.9%
Money market funds – 4.7%
State Street Institutional U.S. Government Money Market Fund, Premier Class, 2.3851% (F)		500,000		500,000
T. Rowe Price Government Reserve Fund, 2.4853% (F)		39,675,654		39,675,654
				40,175,654
Repurchase agreement – 2.2%
Repurchase Agreement with State Street Corp. dated 3-29-19 at 1.300% to be repurchased at $18,381,991 on 4-1-19, collateralized by $19,135,000 U.S. Treasury Notes, 1.125% due 9-30-21 (valued at $18,748,090, including interest)	$	18,380,000		18,380,000
TOTAL SHORT-TERM INVESTMENTS (Cost $58,555,654)			$	58,555,654
Total Investments (Science & Technology Trust) (Cost $741,645,262) – 102.3%			$	872,584,369
Other assets and liabilities, net – (2.3%)				(19,997,126	)
TOTAL NET ASSETS – 100.0%			$	852,587,243

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 3-31-19. The value of securities on loan amounted to $18,510,557.
(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)	Direct placement securities are restricted as to resale, and the fund has limited rights to registration under the Securities Act of 1933. For more information on this security refer to the Notes to Portfolio of Investments.
(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 3-31-19.
(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.

Select Bond Trust

	Shares or
	Principal
	Amount		Value
U.S. GOVERNMENT AND AGENCY OBLIGATIONS – 44.7%
U.S. Government – 19.6%
U.S. Treasury Bonds
2.750%, 11/15/2042	$	299,185,000	$	298,331,856
3.000%, 02/15/2047		204,600,000		212,807,977
3.375%, 11/15/2048		233,508,000		260,479,998
U.S. Treasury Notes
2.375%, 02/29/2024		486,296,000		489,734,263
2.625%, 02/15/2029		376,830,000		384,160,519
				1,645,514,613

175

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Select Bond Trust (continued)
	Shares or
	Principal
	Amount		Value
U.S. GOVERNMENT AND AGENCY OBLIGATIONS (continued)
U.S. Government Agency – 25.1%
Federal Home Loan Mortgage Corp.
2.375%, 01/13/2022	$	12,500,000	$	12,544,645
3.000%, 10/01/2031 to 12/01/2046		227,454,856		227,778,202
3.500%, 01/01/2029 to 11/01/2047		218,951,727		224,238,459
4.000%, 09/01/2041 to 08/01/2048		100,171,469		104,277,478
4.500%, 08/01/2040 to 10/01/2041		46,369,874		49,176,944
5.000%, 09/01/2040 to 03/01/2041		9,525,214		10,272,921
5.500%, 05/01/2039		2,742,640		2,996,156
Federal National Mortgage Association
2.625%, 09/06/2024		8,300,000		8,422,892
3.000%, 09/01/2027 to 10/01/2047		205,421,554		205,762,556
3.500%, 02/01/2026 to 03/01/2049		422,837,919		433,137,056
4.000%, 05/01/2025 to 10/01/2048		417,351,289		436,060,446
4.500%, 01/01/2027 to 07/01/2048		264,293,735		279,436,862
5.000%, 02/01/2033 to 12/01/2041		68,133,386		73,389,560
5.500%, 10/01/2035 to 03/01/2041		16,177,280		17,687,704
6.500%, 01/01/2039		6,131,598		7,006,025
Government National Mortgage Association
3.500%, 04/20/2046		9,216,800		9,439,685
4.000%, 10/15/2039 to 11/15/2041		7,547,495		7,885,413
				2,109,513,004
TOTAL U.S. GOVERNMENT AND AGENCY OBLIGATIONS (Cost $3,731,570,807)			$	3,755,027,617
FOREIGN GOVERNMENT OBLIGATIONS – 0.4%
Qatar – 0.2%
State of Qatar
3.375%, 03/14/2024		11,857,000		11,970,590
5.103%, 04/23/2048 (A)		8,410,000		9,193,240
				21,163,830
Saudi Arabia – 0.2%
Kingdom of Saudi Arabia 4.375%, 04/16/2029 (A)		15,480,000		16,121,956
TOTAL FOREIGN GOVERNMENT OBLIGATIONS (Cost $35,593,641)			$	37,285,786
CORPORATE BONDS – 35.3%
Communication services – 2.7%
Activision Blizzard, Inc. 3.400%, 09/15/2026		9,683,000		9,493,687
AT&T, Inc. 4.350%, 03/01/2029		12,913,000		13,196,191
CBS Corp.
3.375%, 03/01/2022		4,495,000		4,531,009
3.700%, 08/15/2024		7,165,000		7,285,842
CC Holdings GS V LLC 3.849%, 04/15/2023		13,135,000		13,454,194
Charter Communications Operating LLC
4.200%, 03/15/2028		19,442,000		19,309,275
5.750%, 04/01/2048		18,675,000		19,549,935
6.484%, 10/23/2045		16,423,000		18,426,761
Comcast Corp. 3.000%, 02/01/2024		12,675,000		12,719,350
Myriad International Holdings BV
4.850%, 07/06/2027 (A)		3,610,000		3,706,253
5.500%, 07/21/2025 (A)		8,425,000		9,007,993
Sprint Spectrum Company LLC 3.360%, 03/20/2023 (A)		6,065,625		6,063,805
The Interpublic Group of Companies, Inc. 3.500%, 10/01/2020		9,111,000		9,190,646
Verizon Communications, Inc. 4.400%, 11/01/2034		12,105,000		12,610,042

Select Bond Trust (continued)
	Shares or
	Principal
	Amount		Value
CORPORATE BONDS (continued)
Communication services (continued)
Verizon Communications, Inc. (continued)
4.672%, 03/15/2055	$	9,855,000	$	10,085,283
4.862%, 08/21/2046		21,490,000		22,968,103
5.012%, 08/21/2054		10,386,000		11,131,534
Vodafone Group PLC (7.000% to 4-4-29, then 5 Year U.S. Swap Rate + 4.873%) 04/04/2079		14,315,000		14,550,025
Warner Media LLC 3.800%, 02/15/2027		9,390,000		9,341,862
				226,621,790
Consumer discretionary – 3.1%
Amazon.com, Inc.
3.150%, 08/22/2027		18,275,000		18,426,842
4.050%, 08/22/2047		10,825,000		11,449,465
Daimler Finance North America LLC 3.750%, 11/05/2021 (A)		14,090,000		14,337,452
Dollar Tree, Inc. 4.200%, 05/15/2028		21,860,000		21,802,948
Expedia Group, Inc.
3.800%, 02/15/2028		17,780,000		17,165,978
5.000%, 02/15/2026		18,185,000		19,265,809
Ford Motor Credit Company LLC
3.336%, 03/18/2021		8,760,000		8,627,919
3.813%, 10/12/2021		20,035,000		19,852,092
5.875%, 08/02/2021		19,834,000		20,549,240
General Motors Company 4.875%, 10/02/2023		17,272,000		17,993,612
General Motors Financial Company, Inc.
3.550%, 04/09/2021		10,140,000		10,193,782
4.000%, 01/15/2025		13,508,000		13,259,537
4.300%, 07/13/2025		11,129,000		11,073,603
GLP Capital LP 5.375%, 04/15/2026		9,005,000		9,409,325
Lear Corp. 5.250%, 01/15/2025		9,687,000		10,074,675
Nissan Motor Acceptance Corp. 3.650%, 09/21/2021 (A)		6,675,000		6,711,002
QVC, Inc.
4.375%, 03/15/2023		12,280,000		12,460,664
5.125%, 07/02/2022		8,114,000		8,504,023
5.450%, 08/15/2034		11,775,000		11,454,625
				262,612,593
Consumer staples – 0.7%
Alimentation Couche-Tard, Inc. 2.700%, 07/26/2022 (A)		7,920,000		7,839,938
Anheuser-Busch InBev Worldwide, Inc. 4.600%, 04/15/2048		9,755,000		9,401,685
Conagra Brands, Inc. 3.800%, 10/22/2021		6,433,000		6,552,418
Constellation Brands, Inc. 3.200%, 02/15/2023		9,970,000		10,037,495
Keurig Dr. Pepper, Inc. 3.551%, 05/25/2021 (A)		16,611,000		16,791,961
Kraft Heinz Foods Company 4.875%, 02/15/2025 (A)		8,105,000		8,290,536
				58,914,033
Energy – 3.9%
Andeavor Logistics LP
4.250%, 12/01/2027		5,555,000		5,596,294
5.250%, 01/15/2025		4,985,000		5,176,879
6.375%, 05/01/2024		9,095,000		9,527,013
Cimarex Energy Company 4.375%, 06/01/2024		4,808,000		4,997,774

176

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Select Bond Trust (continued)
	Shares or
	Principal
	Amount		Value
CORPORATE BONDS (continued)
Energy (continued)
Colorado Interstate Gas Company LLC 4.150%, 08/15/2026 (A)	$	7,627,000	$	7,758,751
Columbia Pipeline Group, Inc. 4.500%, 06/01/2025		6,723,000		7,021,081
Continental Resources, Inc. 5.000%, 09/15/2022		20,489,000		20,642,118
Enable Midstream Partners LP
3.900%, 05/15/2024		9,977,000		9,911,675
4.950%, 05/15/2028		12,975,000		13,196,421
Enbridge Energy Partners LP 4.375%, 10/15/2020		13,552,000		13,848,518
Enbridge, Inc. (6.250% to 3-1-28, then 3 month LIBOR + 3.641%) 03/01/2078		9,984,000		9,914,112
Energy Transfer Operating LP
4.200%, 04/15/2027		4,472,000		4,495,700
4.250%, 03/15/2023		13,387,000		13,753,871
5.150%, 03/15/2045		12,840,000		12,380,988
Enterprise Products Operating LLC (5.250% to 8-16-27, then 3 month LIBOR + 3.033%) 08/16/2077		17,765,000		16,432,625
Husky Energy, Inc. 3.950%, 04/15/2022		9,500,000		9,722,601
Kinder Morgan Energy Partners LP 7.750%, 03/15/2032		7,325,000		9,460,877
Kinder Morgan, Inc. 3.150%, 01/15/2023		5,616,000		5,629,106
MPLX LP
4.000%, 03/15/2028		10,750,000		10,687,953
4.800%, 02/15/2029		5,375,000		5,661,149
ONEOK Partners LP 5.000%, 09/15/2023		5,575,000		5,928,024
Petroleos Mexicanos
4.875%, 01/24/2022		11,060,000		11,154,121
5.375%, 03/13/2022		2,835,000		2,888,865
Sabine Pass Liquefaction LLC
4.200%, 03/15/2028		8,848,000		8,928,141
5.000%, 03/15/2027		8,336,000		8,836,973
5.750%, 05/15/2024		14,563,000		16,056,937
5.875%, 06/30/2026		5,069,000		5,641,803
Schlumberger Holdings Corp. 3.750%, 05/01/2024 (A)		21,395,000		21,874,327
Sunoco Logistics Partners Operations LP
3.900%, 07/15/2026		13,801,000		13,738,324
4.400%, 04/01/2021		13,841,000		14,209,738
5.400%, 10/01/2047		8,136,000		8,117,817
The Williams Companies, Inc. 3.750%, 06/15/2027		11,955,000		11,881,951
				325,072,527
Financials – 12.9%
American Express Company 2.500%, 08/01/2022		17,155,000		16,960,402
Aquarius & Investments PLC (6.375% to 9-1-19, then 5 Year U.S. Swap Rate + 5.210%) 09/01/2024		13,270,000		13,390,969
Ares Capital Corp. 3.625%, 01/19/2022		9,957,000		9,979,928
Australia & New Zealand Banking Group, Ltd. (6.750% to 6-15-26, then 5 Year U.S. ISDAFIX + 5.168%) 06/15/2026 (A)(B)(C)		5,540,000		5,865,475
AXA SA 8.600%, 12/15/2030		4,490,000		5,881,900
Banco Santander SA 4.379%, 04/12/2028		10,600,000		10,746,248

Select Bond Trust (continued)
	Shares or
	Principal
	Amount		Value
CORPORATE BONDS (continued)
Financials (continued)
Bank of America Corp.
3.950%, 04/21/2025	$	14,380,000	$	14,654,659
4.200%, 08/26/2024		6,250,000		6,472,244
4.450%, 03/03/2026		13,930,000		14,525,201
Bank of America Corp. (3.864% to 7-23-23, then 3 month LIBOR + 0.940%) 07/23/2024		21,130,000		21,714,182
Bank of Montreal 3.300%, 02/05/2024		33,810,000		34,178,934
Barclays Bank PLC 10.179%, 06/12/2021 (A)		9,270,000		10,495,376
Barclays PLC 4.375%, 01/12/2026		7,380,000		7,415,697
BPCE SA
4.500%, 03/15/2025 (A)		10,505,000		10,569,635
5.700%, 10/22/2023 (A)		11,475,000		12,227,049
Brighthouse Financial, Inc. 3.700%, 06/22/2027		20,125,000		18,152,337
Canadian Imperial Bank of Commerce 2.700%, 02/02/2021		26,345,000		26,367,206
Capital One Financial Corp.
3.450%, 04/30/2021		15,700,000		15,893,094
3.500%, 06/15/2023		7,570,000		7,665,937
3.900%, 01/29/2024		15,800,000		16,153,304
Citigroup, Inc.
2.350%, 08/02/2021		16,005,000		15,820,718
4.600%, 03/09/2026		20,499,000		21,428,908
5.500%, 09/13/2025		5,625,000		6,169,474
Cooperatieve Rabobank UA (11.000% to 6-30-19, then 3 month LIBOR + 10.868%) 06/30/2019 (A)(B)		11,814,000		12,035,513
Danske Bank A/S 5.000%, 01/12/2022 (A)		9,007,000		9,224,169
Discover Financial Services
3.950%, 11/06/2024		15,399,000		15,688,898
4.100%, 02/09/2027		4,203,000		4,204,941
5.200%, 04/27/2022		2,565,000		2,712,397
Doric Nimrod Air Alpha 2013-1 Class B Pass Through Trust 6.125%, 11/30/2021 (A)		1,968,171		1,976,044
FS KKR Capital Corp. 4.250%, 01/15/2020		9,740,000		9,753,347
HSBC Holdings PLC (3.950% to 5-18-23, then 3 month LIBOR + 0.987%) 05/18/2024		16,850,000		17,194,623
HSBC Holdings PLC (6.875% to 6-1-21, then 5 Year U.S. ISDAFIX + 5.514%) 06/01/2021 (B)		11,750,000		12,287,210
ING Bank NV 5.800%, 09/25/2023 (A)		10,565,000		11,429,719
Jefferies Financial Group, Inc. 5.500%, 10/18/2023		9,300,000		9,738,021
Jefferies Group LLC
4.150%, 01/23/2030		12,590,000		11,538,649
4.850%, 01/15/2027		14,403,000		14,487,742
JPMorgan Chase & Co.
2.400%, 06/07/2021		20,130,000		19,985,108
3.200%, 06/15/2026		13,615,000		13,537,436
JPMorgan Chase & Co. (3.514% to 6-18-21, then 3 month LIBOR + 0.610%) 06/18/2022		22,145,000		22,457,827
JPMorgan Chase & Co. (6.750% to 2-1-24, then 3 month LIBOR + 3.780%) 02/01/2024 (B)		18,980,000		20,808,343

177

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Select Bond Trust (continued)
	Shares or
	Principal
	Amount		Value
CORPORATE BONDS (continued)
Financials (continued)
Lazard Group LLC 4.375%, 03/11/2029	$	7,100,000	$	7,161,416
Lincoln National Corp. 4.000%, 09/01/2023		4,000,000		4,182,202
Lloyds Banking Group PLC 4.450%, 05/08/2025		25,250,000		26,223,072
M&T Bank Corp. (5.125% to 11-1-26, then 3 month LIBOR + 3.520%) 11/01/2026 (B)		7,340,000		7,384,040
Macquarie Bank, Ltd. 4.875%, 06/10/2025 (A)(C)		14,730,000		15,223,860
Manufacturers & Traders Trust Company (3 month LIBOR + 0.640%) 3.266%, 12/01/2021 (D)		23,610,000		23,493,369
MetLife, Inc. (6.400% to 12-15-36, then 3 month LIBOR + 2.205%) 12/15/2066		9,595,000		10,290,638
MetLife, Inc. (9.250% to 4-8-38, then 3 month LIBOR + 5.540%) 04/08/2068 (A)		7,610,000		10,302,038
Mitsubishi UFJ Financial Group, Inc. 3.218%, 03/07/2022		21,535,000		21,700,463
Morgan Stanley 3.875%, 01/27/2026		12,575,000		12,866,824
Nippon Life Insurance Company (5.100% to 10-16-24, then 5 Year U.S. ISDAFIX + 3.650%) 10/16/2044 (A)		7,830,000		8,182,350
PNC Bank NA
2.450%, 07/28/2022		19,035,000		18,963,683
2.500%, 01/22/2021		19,285,000		19,268,866
Prudential Financial, Inc. (5.875% to 9-15-22, then 3 month LIBOR + 4.175%) 09/15/2042		19,746,000		20,881,395
Regions Bank (3.374% to 8-13-20, then 3 month LIBOR + 0.500%) 08/13/2021		16,929,000		17,010,220
Regions Financial Corp.
2.750%, 08/14/2022		18,625,000		18,486,060
3.800%, 08/14/2023		23,265,000		23,925,731
Santander Holdings USA, Inc.
3.400%, 01/18/2023		9,125,000		9,132,261
3.700%, 03/28/2022		15,941,000		16,116,835
4.450%, 12/03/2021		10,424,000		10,734,399
Santander UK Group Holdings PLC 4.750%, 09/15/2025 (A)		11,030,000		10,935,109
Stifel Financial Corp. 4.250%, 07/18/2024		7,344,000		7,562,996
SunTrust Bank 2.450%, 08/01/2022		15,285,000		15,090,663
SunTrust Banks, Inc. 4.000%, 05/01/2025		12,087,000		12,654,010
Teachers Insurance & Annuity Association of America 4.270%, 05/15/2047 (A)		14,660,000		15,132,050
The Goldman Sachs Group, Inc. 3.850%, 01/26/2027		23,410,000		23,518,654
The PNC Financial Services Group, Inc. 3.500%, 01/23/2024		15,732,000		16,162,666
The PNC Financial Services Group, Inc. (4.850% to 6-1-23, then 3 month LIBOR + 3.040%) 06/01/2023 (B)		12,182,000		11,999,270
The PNC Financial Services Group, Inc. (6.750% to 8-1-21, then 3 month LIBOR + 3.678%) 08/01/2021 (B)		18,715,000		19,884,688

Select Bond Trust (continued)
	Shares or
	Principal
	Amount		Value
CORPORATE BONDS (continued)
Financials (continued)
The Royal Bank of Scotland Group PLC 3.875%, 09/12/2023	$	16,270,000	$	16,343,422
The Toronto-Dominion Bank 3.250%, 03/11/2024		19,441,000		19,682,136
UBS Group Funding Switzerland AG (2.859% to 8-15-22, then 3 month LIBOR + 0.954%) 08/15/2023 (A)		18,475,000		18,207,852
Wells Fargo & Company (3 month LIBOR + 3.770%) 6.558%, 06/15/2019 (B)(D)		12,598,000		12,676,738
Wells Fargo & Company (5.875% to 6-15-25, then 3 month LIBOR + 3.990%) 06/15/2025 (B)		25,435,000		27,177,298
Wells Fargo Bank N.A. 3.550%, 08/14/2023		19,665,000		20,200,726
				1,080,546,864
Health care – 2.0%
AmerisourceBergen Corp. 3.450%, 12/15/2027		17,400,000		17,025,737
Bayer US Finance II LLC 3.500%, 06/25/2021 (A)		6,860,000		6,888,671
Boston Scientific Corp. 3.450%, 03/01/2024		8,281,000		8,434,525
Celgene Corp. 3.250%, 02/20/2023		8,204,000		8,278,836
CVS Health Corp.
3.350%, 03/09/2021		21,492,000		21,667,102
5.050%, 03/25/2048		22,206,000		22,382,184
Express Scripts Holding Company 2.600%, 11/30/2020		17,655,000		17,581,732
GlaxoSmithKline Capital PLC 3.000%, 06/01/2024		13,634,000		13,715,155
Pfizer, Inc. 2.950%, 03/15/2024		16,905,000		17,125,995
Shire Acquisitions Investments Ireland DAC 3.200%, 09/23/2026		16,137,000		15,604,142
Universal Health Services, Inc.
4.750%, 08/01/2022 (A)		8,705,000		8,781,169
5.000%, 06/01/2026 (A)		10,538,000		10,709,243
				168,194,491
Industrials – 4.4%
3M Company 3.250%, 02/14/2024		11,420,000		11,772,535
AerCap Ireland Capital DAC
4.625%, 10/30/2020		14,145,000		14,480,803
5.000%, 10/01/2021		12,640,000		13,117,435
Air Canada 2013-1 Class A Pass Through Trust 4.125%, 11/15/2026 (A)		7,120,290		7,235,639
Air Canada 2017-1 Class B Pass Through Trust 3.700%, 07/15/2027 (A)		10,138,280		9,779,385
Aircastle, Ltd. 4.400%, 09/25/2023		5,798,000		5,906,814
America West Airlines 2000-1 Pass Through Trust 8.057%, 01/02/2022		1,112,463		1,167,864
American Airlines 2013-1 Class A Pass Through Trust 4.000%, 01/15/2027		4,500,158		4,569,911
American Airlines 2013-2 Class A Pass Through Trust 4.950%, 07/15/2024		9,351,328		9,690,781

178

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Select Bond Trust (continued)
	Shares or
	Principal
	Amount		Value
CORPORATE BONDS (continued)
Industrials (continued)
American Airlines 2015-1 Class A Pass Through Trust 3.375%, 11/01/2028	$	15,662,371	$	15,322,497
American Airlines 2016-1 Class A Pass Through Trust 4.100%, 07/15/2029 (C)		12,333,773		12,360,907
American Airlines 2016-1 Class AA Pass Through Trust 3.575%, 07/15/2029		12,438,800		12,340,534
American Airlines 2017-1 Class A Pass Through Trust 4.000%, 08/15/2030		6,079,500		5,990,131
American Airlines 2017-1 Class AA Pass Through Trust 3.650%, 08/15/2030		9,418,500		9,459,941
American Airlines 2017-2 Class A Pass Through Trust 3.600%, 04/15/2031		5,560,345		5,377,966
Ashtead Capital, Inc. 5.250%, 08/01/2026 (A)		14,665,000		14,994,963
British Airways 2013-1 Class A Pass Through Trust 4.625%, 06/20/2024 (A)		10,077,322		10,449,176
British Airways 2013-1 Class B Pass Through Trust 5.625%, 12/20/2021 (A)		2,043,455		2,071,246
British Airways 2018-1 Class A Pass Through Trust 4.125%, 03/20/2033 (A)		4,959,354		4,960,842
CH Robinson Worldwide, Inc. 4.200%, 04/15/2028		11,980,000		12,414,027
Continental Airlines 2007-1 Class A Pass Through Trust 5.983%, 10/19/2023		11,024,011		11,546,549
Delta Air Lines 2002-1 Class G-1 Pass Through Trust 6.718%, 07/02/2024		1,473,780		1,559,406
Delta Air Lines 2011-1 Class A Pass Through Trust 5.300%, 10/15/2020		3,634,663		3,639,025
Delta Air Lines, Inc.
3.625%, 03/15/2022		16,125,000		16,235,723
3.800%, 04/19/2023		9,090,000		9,189,465
4.375%, 04/19/2028		11,990,000		11,747,846
Equifax, Inc. 7.000%, 07/01/2037		2,625,000		2,999,386
General Electric Company (3 month LIBOR + 0.480%) 3.096%, 08/15/2036 (D)		9,313,000		7,161,813
Huntington Ingalls Industries, Inc. 5.000%, 11/15/2025 (A)		15,191,000		15,570,775
IHS Markit, Ltd.
4.000%, 03/01/2026 (A)		12,305,000		12,292,695
4.750%, 02/15/2025 (A)		4,400,000		4,575,868
4.750%, 08/01/2028		6,540,000		6,842,867
Northwest Airlines 2007-1 Class A Pass Through Trust 7.027%, 05/01/2021		788,053		803,972
United Airlines 2014-2 Class A Pass Through Trust 3.750%, 03/03/2028		13,023,437		13,184,927
United Airlines 2014-2 Class B Pass Through Trust 4.625%, 03/03/2024		6,447,610		6,575,273

Select Bond Trust (continued)
	Shares or
	Principal
	Amount		Value
CORPORATE BONDS (continued)
Industrials (continued)
United Airlines 2016-1 Class A Pass Through Trust 3.450%, 01/07/2030	$	9,645,940	$	9,301,580
United Airlines 2016-1 Class B Pass Through Trust 3.650%, 01/07/2026		14,332,465		13,929,723
United Airlines 2018-1 Class B Pass Through Trust 4.600%, 03/01/2026		3,210,744		3,222,303
United Airlines 2019-1 Class A Pass Through Trust 4.550%, 02/25/2033		7,265,000		7,452,120
United Technologies Corp. 3.350%, 08/16/2021		13,675,000		13,860,570
US Airways 2010-1 Class A Pass Through Trust 6.250%, 10/22/2024		2,478,451		2,632,611
US Airways 2012-1 Class A Pass Through Trust 5.900%, 04/01/2026		8,033,875		8,695,063
Verisk Analytics, Inc. 4.000%, 06/15/2025		6,526,000		6,811,581
				373,294,538
Information technology – 3.4%
Citrix Systems, Inc. 4.500%, 12/01/2027		11,464,000		11,325,759
Dell International LLC
4.900%, 10/01/2026 (A)		14,252,000		14,513,414
5.300%, 10/01/2029 (A)		14,276,000		14,368,441
6.020%, 06/15/2026 (A)		20,615,000		22,173,363
8.350%, 07/15/2046 (A)		18,980,000		22,940,984
Hewlett Packard Enterprise Company 3.500%, 10/05/2021		18,220,000		18,462,853
KLA-Tencor Corp. 4.100%, 03/15/2029		7,911,000		8,087,162
Lam Research Corp.
4.000%, 03/15/2029		20,568,000		20,979,039
4.875%, 03/15/2049		8,624,000		9,110,618
Marvell Technology Group, Ltd. 4.875%, 06/22/2028		13,240,000		13,699,215
Microchip Technology, Inc.
3.922%, 06/01/2021 (A)		8,550,000		8,626,523
4.333%, 06/01/2023 (A)		19,628,000		20,061,576
Micron Technology, Inc.
4.975%, 02/06/2026		10,995,000		11,202,101
5.327%, 02/06/2029		16,244,000		16,698,182
Microsoft Corp. 4.450%, 11/03/2045		11,583,000		13,205,982
Motorola Solutions, Inc. 4.600%, 02/23/2028		16,576,000		16,726,012
NXP BV 4.875%, 03/01/2024 (A)		8,705,000		9,185,690
Tech Data Corp. 4.950%, 02/15/2027		16,359,000		16,561,462
Telefonaktiebolaget LM Ericsson 4.125%, 05/15/2022		18,570,000		18,823,852
				286,752,228
Materials – 0.8%
Anglo American Capital PLC 4.750%, 04/10/2027 (A)		9,195,000		9,377,814
Braskem Finance, Ltd. 7.000%, 05/07/2020 (A)		12,390,000		12,842,359
Braskem Netherlands Finance BV 4.500%, 01/10/2028 (A)		11,360,000		11,044,760

179

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Select Bond Trust (continued)
	Shares or
	Principal
	Amount		Value
CORPORATE BONDS (continued)
Materials (continued)
Mexichem SAB de CV 5.500%, 01/15/2048 (A)	$	12,000,000	$	11,318,040
Syngenta Finance NV
4.441%, 04/24/2023 (A)		15,880,000		16,207,505
5.676%, 04/24/2048 (A)		5,180,000		4,915,753
				65,706,231
Real estate – 0.8%
American Homes 4 Rent LP 4.250%, 02/15/2028		10,505,000		10,406,341
American Tower Corp.
3.550%, 07/15/2027		16,680,000		16,427,808
4.700%, 03/15/2022		6,995,000		7,320,464
Omega Healthcare Investors, Inc. 4.500%, 01/15/2025		6,500,000		6,609,218
SBA Tower Trust 3.722%, 04/09/2048 (A)		14,665,000		14,864,824
Ventas Realty LP 3.500%, 02/01/2025		8,315,000		8,321,992
				63,950,647
Utilities – 0.6%
ABY Transmision Sur SA 6.875%, 04/30/2043 (A)		8,532,864		9,492,897
CenterPoint Energy, Inc. 2.500%, 09/01/2022		7,760,000		7,601,356
Electricite de France SA (5.250% to 1-29-23, then 10 Year U.S. Swap Rate + 3.709%) 01/29/2023 (A)(B)		14,105,000		14,193,156
Emera US Finance LP 3.550%, 06/15/2026		6,192,000		6,123,610
NextEra Energy Capital Holdings, Inc. 3.550%, 05/01/2027		16,740,000		16,852,070
				54,263,089
TOTAL CORPORATE BONDS (Cost $2,955,319,841)			$	2,965,929,031
CAPITAL PREFERRED SECURITIES –0.0%
Financials – 0.0%
State Street Corp. (3 month LIBOR + 1.000%) 3.788%, 06/01/2077 (D)		3,176,000		2,509,040
TOTAL CAPITAL PREFERRED SECURITIES (Cost $2,690,825)			$	2,509,040
COLLATERALIZED MORTGAGE OBLIGATIONS –1.6%
Commercial and residential – 0.3%
BBCMS Mortgage Trust Series 2018-TALL, Class B (1 month LIBOR + 0.971%) 3.460%, 03/15/2037 (A)(D)		7,351,000		7,304,919
CLNS Trust Series 2017-IKPR, Class C (1 month LIBOR + 1.100%) 3.617%, 06/11/2032 (A)(D)		5,505,000		5,487,664
COLT Mortgage Loan Trust Series 2018-2, Class A1 3.470%, 07/27/2048 (A)(E)		2,258,497		2,261,280
Galton Funding Mortgage Trust Series 2018-1, Class A43 3.500%, 11/25/2057 (A)(E)		5,082,506		5,090,585
Wells Fargo Commercial Mortgage Trust Series 2014-LC18, Class A2 2.954%, 12/15/2047		3,643,441		3,639,110

Select Bond Trust (continued)
	Shares or
	Principal
	Amount		Value
COLLATERALIZED MORTGAGE
OBLIGATIONS (continued)
Commercial and residential (continued)
WFCG Commercial Mortgage Trust Series 2015-BXRP, Class D (1 month LIBOR + 2.571%) 5.060%, 11/15/2029 (A)(D)	$	2,149,168	$	2,152,328
				25,935,886
U.S. Government Agency – 1.3%
Federal Home Loan Mortgage Corp.
Series K017, Class X1 IO, 1.303%, 12/25/2021		132,366,486		3,847,616
Series K018, Class X1 IO, 1.344%, 01/25/2022		106,359,442		3,152,430
Series K021, Class X1 IO, 1.441%, 06/25/2022		31,158,892		1,222,541
Series K022, Class X1 IO, 1.231%, 07/25/2022		319,776,342		10,881,126
Series K026, Class X1 IO, 0.995%, 11/25/2022		160,541,985		4,784,585
Series K038, Class X1 IO, 1.160%, 03/25/2024		238,119,201		11,393,480
Series K048, Class X1 IO, 0.249%, 06/25/2025		164,108,667		2,275,482
Series K710, Class X1 IO, 1.728%, 05/25/2019		50,518,258		5,143
Series K711, Class X1 IO, 1.610%, 07/25/2019		147,443,816		172,642
Government National Mortgage Association
Series 2012-114, Class IO, 0.766%, 01/16/2053		38,995,389		1,791,242
Series 2016-174, Class IO, 0.914%, 11/16/2056		66,065,492		5,032,446
Series 2017-109, Class IO, 0.611%, 04/16/2057		87,450,630		4,715,731
Series 2017-124, Class IO, 0.706%, 01/16/2059		108,708,062		6,946,010
Series 2017-135, Class IO, 0.839%, 10/16/2058		70,659,248		4,765,253
Series 2017-140, Class IO, 0.609%, 02/16/2059		62,954,720		3,723,205
Series 2017-159, Class IO, 0.545%, 06/16/2059		81,621,797		4,230,841
Series 2017-20, Class IO, 0.748%, 12/16/2058		135,694,589		8,304,400
Series 2017-22, Class IO, 1.022%, 12/16/2057		47,215,297		4,059,557
Series 2017-41, Class IO, 0.793%, 07/16/2058		93,771,512		6,330,777
Series 2017-46, Class IO, 0.621%, 11/16/2057		102,469,116		5,868,355
Series 2017-61, Class IO, 0.768%, 05/16/2059		61,922,004		4,337,011
Series 2018-158, Class IO, 0.726%, 05/16/2061		84,495,584		6,325,010
Series 2018-69, Class IO, 0.535%, 04/16/2060		72,599,661		4,147,365
				108,312,248
TOTAL COLLATERALIZED MORTGAGE OBLIGATIONS (Cost $142,609,432)			$	134,248,134

180

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Select Bond Trust (continued)
	Shares or
	Principal
	Amount		Value
ASSET BACKED SECURITIES – 15.5%
AccessLex Institute
Series 2005-1, Class A4 (3 month LIBOR + 0.210%) 3.034%, 06/22/2037 (D)	$	6,230,916	$	6,032,164
Series 2006-1, Class A3 (3 month LIBOR + 0.200%) 2.889%, 08/25/2037 (D)		21,002,032		20,554,210
Series 2007-A, Class A3 (3 month LIBOR + 0.300%) 2.989%, 05/25/2036 (D)		9,083,504		8,951,116
Ally Auto Receivables Trust
Series 2017-4, Class A4 1.960%, 07/15/2022		10,855,000		10,743,229
Series 2018-2, Class A4 3.090%, 06/15/2023		16,630,000		16,829,996
Ally Master Owner Trust Series 2018-1, Class A2 2.700%, 01/17/2023		30,910,000		30,894,625
American Express Credit Account Master Trust Series 2018-8, Class A 3.180%, 04/15/2024		45,843,000		46,530,631
Americredit Automobile Receivables Trust
Series 2018-2, Class C 3.590%, 06/18/2024		6,580,000		6,689,304
Series 2018-3, Class C 3.740%, 10/18/2024		5,184,000		5,303,622
ARI Fleet Lease Trust Series 2018-B, Class A2 3.220%, 08/16/2027 (A)		17,118,000		17,195,040
Avis Budget Rental Car Funding AESOP LLC Series 2019-1A, Class A 3.450%, 03/20/2023 (A)		6,651,000		6,721,447
Capital One Multi-Asset Execution Trust Series 2016-A5, Class A5 1.660%, 06/17/2024		30,260,000		29,620,733
CarMax Auto Owner Trust
Series 2018-1, Class A3 2.480%, 11/15/2022		9,275,000		9,259,069
Series 2018-4, Class A3 3.360%, 09/15/2023		26,155,000		26,599,300
CenterPoint Energy Restoration Bond Company LLC Series 2009-1, Class A3 4.243%, 08/15/2023		7,951,435		8,196,650
Citibank Credit Card Issuance Trust Series 2018-A1, Class A1 2.490%, 01/20/2023		32,353,000		32,308,473
CLI Funding LLC Series 2018-1A, Class A 4.030%, 04/18/2043 (A)		12,626,249		12,719,876
CNH Equipment Trust
Series 2017-C, Class A3 2.080%, 02/15/2023		9,825,000		9,744,018
Series 2018-B, Class A3 3.190%, 11/15/2023		14,571,000		14,735,912
Coinstar Funding LLC Series 2017-1A, Class A2 5.216%, 04/25/2047 (A)		12,178,088		12,410,169
Collegiate Funding Services Education Loan Trust Series 2005-A, Class A4 (3 month LIBOR + 0.200%) 3.013%, 03/28/2035 (D)		7,773,000		7,350,530

Select Bond Trust (continued)
	Shares or
	Principal
	Amount		Value
ASSET BACKED SECURITIES (continued)
DB Master Finance LLC Series 2015-1A, Class A2II 3.980%, 02/20/2045 (A)	$	12,782,400	$	12,765,272
Dell Equipment Finance Trust Series 2018-1, Class A3 3.180%, 06/22/2023 (A)		26,951,000		27,047,374
Discover Card Execution Note Trust
Series 2017-A6, Class A6 1.880%, 02/15/2023		40,130,000		39,753,569
Series 2018-A5, Class A5 3.320%, 03/15/2024		16,431,000		16,744,019
DLL LLC Series 2018-ST2, Class A3 3.460%, 01/20/2022 (A)		9,110,000		9,202,267
Domino’s Pizza Master Issuer LLC Series 2017-1A, Class A23 4.118%, 07/25/2047 (A)		16,198,325		16,433,525
DRB Prime Student Loan Trust
Series 2015-D, Class A2 3.200%, 01/25/2040 (A)		5,280,262		5,260,888
Series 2016-B, Class A2 2.890%, 06/25/2040 (A)		9,187,072		9,183,960
Driven Brands Funding LLC Series 2015-1A, Class A2 5.216%, 07/20/2045 (A)		6,554,813		6,790,065
Enterprise Fleet Financing LLC Series 2018-3, Class A2 3.380%, 05/20/2024 (A)		11,864,000		11,956,868
Evergreen Credit Card Trust Series 2018-1, Class A 2.950%, 03/15/2023 (A)		17,200,000		17,288,823
Five Guys Funding LLC Series 2017-1A, Class A2 4.600%, 07/25/2047 (A)		8,277,450		8,568,421
Ford Credit Auto Owner Trust
Series 2015-1, Class A 2.120%, 07/15/2026 (A)		27,458,000		27,312,843
Series 2015-2, Class A 2.440%, 01/15/2027 (A)		21,440,000		21,351,586
Series 2017-B, Class A4 1.870%, 09/15/2022		4,295,000		4,234,632
Series 2017-C, Class A4 2.160%, 03/15/2023		10,670,000		10,561,586
Series 2018-2, Class A 3.470%, 01/15/2030 (A)		12,177,000		12,393,811
Series 2018-B, Class A3 3.240%, 04/15/2023		12,990,000		13,144,697
Ford Credit Floorplan Master Owner Trust
Series 2017-2, Class A1 2.160%, 09/15/2022		17,000,000		16,867,313
Series 2018-3, Class A1 3.520%, 10/15/2023		22,650,000		23,077,190
GM Financial Consumer Automobile Receivables Trust
Series 2017-3A, Class A4 2.130%, 03/16/2023 (A)		15,965,000		15,797,944
Series 2018-4, Class A3 3.210%, 10/16/2023		24,675,000		24,962,888
Goal Capital Funding Trust Series 2005-2, Class A4 (3 month LIBOR + 0.200%) 2.877%, 08/25/2044 (D)		34,019,000		33,427,685
Golden Credit Card Trust Series 2018-1A, Class A 2.620%, 01/15/2023 (A)		48,545,000		48,473,066

181

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Select Bond Trust (continued)
	Shares or
	Principal
	Amount		Value
ASSET BACKED SECURITIES (continued)
Great American Auto Leasing, Inc. Series 2019-1, Class A4 3.210%, 02/18/2025 (A)	$	8,484,000	$	8,575,011
Hilton Grand Vacations Trust Series 2018-AA, Class A 3.540%, 02/25/2032 (A)		4,257,334		4,316,761
Honda Auto Receivables Owner Trust
Series 2017-2, Class A4 1.870%, 09/15/2023		4,674,000		4,610,996
Series 2017-3, Class A4 1.980%, 11/20/2023		5,565,000		5,500,528
Series 2018-2, Class A3 3.010%, 05/18/2022		8,451,000		8,503,199
Series 2018-2, Class A4 3.160%, 08/19/2024		12,635,000		12,829,940
Series 2018-3, Class A3 2.950%, 08/22/2022		6,540,000		6,585,325
Hyundai Auto Receivables Trust
Series 2018-A, Class A3 2.790%, 07/15/2022		11,300,000		11,328,570
Series 2018-B, Class A3 3.480%, 12/15/2022		8,070,000		8,157,753
KeyCorp Student Loan Trust Series 2004-A, Class 1A2 (3 month LIBOR + 0.240%) 3.005%, 10/27/2042 (D)		7,631,172		7,414,455
Mercedes-Benz Auto Receivables Trust Series 2018-1, Class A4 3.150%, 10/15/2024		12,862,000		13,015,188
MMAF Equipment Finance LLC
Series 2017-B, Class A3 2.210%, 10/17/2022 (A)		13,163,000		13,064,650
Series 2019-A, Class A3 3.270%, 11/13/2023 (A)		7,786,000		7,814,666
MVW Owner Trust
Series 2014-1A, Class A 2.250%, 09/22/2031 (A)		1,836,468		1,815,471
Series 2018-1A, Class A 3.450%, 01/21/2036 (A)		13,309,068		13,498,738
Navient Private Education Loan Trust Series 2016-AA, Class A2A 3.910%, 12/15/2045 (A)		15,418,123		15,764,468
Nelnet Student Loan Trust
Series 2004-4, Class A5 (3 month LIBOR + 0.160%) 2.931%, 01/25/2037 (D)		8,347,851		8,209,209
Series 2006-1, Class A6 (3 month LIBOR + 0.450%) 3.103%, 08/23/2036 (A)(D)		17,362,000		16,996,672
NextGear Floorplan Master Owner Trust
Series 2017-1A, Class A2 2.540%, 04/18/2022 (A)		12,530,000		12,488,427
Series 2018-1A, Class A2 3.220%, 02/15/2023 (A)		3,720,000		3,733,892
Series 2018-2A, Class A2 3.690%, 10/15/2023 (A)		8,635,000		8,789,491
Nissan Auto Receivables Owner Trust
Series 2017-B, Class A4 1.950%, 10/16/2023		12,410,000		12,265,090
Series 2018-C, Class A3 3.220%, 06/15/2023		19,450,000		19,706,758
NRZ Excess Spread-Collateralized Notes
Series 2018-PLS1, Class A 3.193%, 01/25/2023 (A)		4,306,319		4,287,733
Series 2018-PLS2, Class A 3.265%, 02/25/2023 (A)		6,206,995		6,204,100

Select Bond Trust (continued)
	Shares or
	Principal
	Amount		Value
ASSET BACKED SECURITIES (continued)
PFS Financing Corp. Series 2018-F, Class A 3.520%, 10/16/2023 (A)	$	10,260,000	$	10,421,568
Santander Drive Auto Receivables Trust
Series 2018-2, Class C 3.350%, 07/17/2023		6,690,000		6,722,842
Series 2018-3, Class C 3.510%, 08/15/2023		15,610,000		15,700,159
Sierra Timeshare Receivables Funding LLC
Series 2018-2A, Class A 3.500%, 06/20/2035 (A)		4,828,267		4,886,970
Series 2018-3A, Class A 3.690%, 09/20/2035 (A)		6,707,588		6,807,640
SLM Private Credit Student Loan Trust Series 2006-A, Class A5 (3 month LIBOR + 0.290%) 3.078%, 06/15/2039 (D)		4,027,807		3,914,577
SMB Private Education Loan Trust
Series 2015-C, Class A2A 2.750%, 07/15/2027 (A)		5,568,619		5,558,580
Series 2016-A, Class A2A 2.700%, 05/15/2031 (A)		18,127,254		18,031,774
SunTrust Student Loan Trust Series 2006-1A, Class A4 (3 month LIBOR + 0.190%) 2.955%, 10/28/2037 (A)(D)		29,034,162		28,662,342
Taco Bell Funding LLC Series 2018-1A, Class A2I 4.318%, 11/25/2048 (A)		15,452,273		15,898,843
Textainer Marine Containers VII, Ltd. Series 2018-1A, Class A 4.110%, 07/20/2043 (A)		7,349,440		7,446,919
Towd Point Mortgage Trust
Series 2016-5, Class A1 2.500%, 10/25/2056 (A)(E)		12,701,246		12,480,574
Series 2017-1, Class A1 2.750%, 10/25/2056 (A)(E)		4,331,075		4,283,374
Series 2017-2, Class A1 2.750%, 04/25/2057 (A)(E)		3,430,629		3,395,714
Toyota Auto Receivables Owner Trust
Series 2017-C, Class A4 1.980%, 12/15/2022		11,435,000		11,282,589
Series 2018-A, Class A3 2.350%, 05/16/2022		11,310,000		11,281,843
Series 2018-C, Class A3 3.020%, 12/15/2022		17,145,000		17,299,888
Series 2018-D, Class A3 3.180%, 03/15/2023		19,935,000		20,210,179
Triton Container Finance V LLC Series 2018-1A, Class A 3.950%, 03/20/2043 (A)		13,428,000		13,582,555
Volkswagen Auto Loan Enhanced Trust Series 2018-1, Class A4 3.150%, 07/22/2024		8,350,000		8,470,929
VSE VOI Mortgage LLC Series 2017-A, Class A 2.330%, 03/20/2035 (A)		8,451,223		8,300,735
Wachovia Student Loan Trust Series 2006-1, Class B (3 month LIBOR + 0.240%) 3.011%, 04/25/2040 (A)(D)		2,134,002		2,019,655
Westgate Resorts LLC Series 2016-1A, Class A 3.500%, 12/20/2028 (A)		2,906,030		2,906,242

182

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Select Bond Trust (continued)
	Shares or
	Principal
	Amount		Value
ASSET BACKED SECURITIES (continued)
Westlake Automobile Receivables Trust Series 2019-1A, Class C 4.050%, 03/15/2024 (A)	$	6,231,000	$	6,263,561
World Omni Auto Receivables Trust
Series 2018-A, Class A3 2.500%, 04/17/2023		14,875,000		14,857,503
Series 2018-D, Class A3 3.330%, 04/15/2024		26,320,000		26,809,660
World Omni Automobile Lease Securitization Trust Series 2018-B, Class A3 3.190%, 12/15/2021		11,970,000		12,073,238
TOTAL ASSET BACKED SECURITIES (Cost $1,265,454,157)			$	1,307,037,950
SECURITIES LENDING COLLATERAL – 0.1%
John Hancock Collateral Trust, 2.6031% (F)(G)		531,247		5,316,087
TOTAL SECURITIES LENDING COLLATERAL (Cost $5,316,054)			$	5,316,087
SHORT-TERM INVESTMENTS – 2.0%
U.S. Government Agency – 2.0%
Federal Home Loan Bank Discount Note 2.250%, 04/01/2019 *	$	166,113,000		166,113,000
Repurchase agreement – 0.0%
Barclays Tri-Party Repurchase Agreement dated 3-29-19 at 2.550% to be repurchased at $3,790,805 on 4-1-19, collateralized by $3,287,700 U.S. Treasury Inflation Indexed Notes, 1.375% due 1-15-20 (valued at $3,866,651, including interest)		3,790,000		3,790,000
Repurchase Agreement with State Street Corp. dated 3-29-19 at 1.300% to be repurchased at $360,039 on 4-1-19, collateralized by $375,000 U.S. Treasury Notes, 1.125% due 9-30-21 (valued at $367,418, including interest)		360,000		360,000
				4,150,000
TOTAL SHORT-TERM INVESTMENTS (Cost $170,232,053)			$	170,263,000
Total Investments (Select Bond Trust) (Cost $8,308,786,810) – 99.6%			$	8,377,616,645
Other assets and liabilities, net – 0.4%				30,572,620
TOTAL NET ASSETS – 100.0%			$	8,408,189,265

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.
ISDAFIX	International Swaps and Derivatives Association Fixed Interest Rate Swap Rate
LIBOR	London Interbank Offered 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 $1,193,407,371 or 14.2% of the fund’s net assets as of 3-31-19.
(B)	Perpetual bonds have no stated maturity date. Date shown as maturity date is next call date.
(C)	All or a portion of this security is on loan as of 3-31-19. The value of securities on loan amounted to $5,196,482.
(D)	Variable rate obligation. The coupon rate shown represents the rate at period end.

Select Bond Trust (continued)

(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 3-31-19.
(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.

Short Term Government Income Trust
	Shares or
	Principal
	Amount		Value
U.S. GOVERNMENT AND AGENCY OBLIGATIONS – 94.7%
U.S. Government – 34.8%
U.S. Treasury Inflation Protected Securities
0.625%, 04/15/2023	$	1,773,293	$	1,786,225
U.S. Treasury Notes
1.125%, 06/30/2021		3,033,000		2,959,900
1.250%, 03/31/2021		4,305,000		4,220,413
1.375%, 09/30/2020		1,390,000		1,369,964
1.750%, 11/30/2021		3,275,000		3,233,807
1.875%, 04/30/2022 to 07/31/2022		14,215,000		14,056,210
2.375%, 02/29/2024		2,700,000		2,719,090
2.625%, 08/31/2020 to 06/30/2023		8,505,000		8,603,703
2.750%, 08/15/2021 to 07/31/2023		6,305,000		6,408,700
2.875%, 11/15/2021 to 11/30/2023		16,245,000		16,673,324
				62,031,336
U.S. Government Agency – 59.9%
Federal Agricultural Mortgage Corp.
1.640%, 04/17/2020		3,885,000		3,855,423
1.675%, 02/24/2020		1,875,000		1,862,471
1.750%, 06/15/2020		2,055,000		2,040,399
2.000%, 01/15/2021		4,965,000		4,931,195
Federal Farm Credit Bank
1.440%, 08/16/2021		4,620,000		4,525,283
1.680%, 04/05/2021		2,345,000		2,313,998
2.230%, 11/15/2022		7,220,000		7,161,304
Federal Home Loan Bank
1.550%, 10/26/2020		2,695,000		2,660,235
1.700%, 04/26/2021		2,940,000		2,898,725
1.750%, 07/13/2020		4,095,000		4,059,795
1.875%, 11/29/2021		1,960,000		1,939,762
2.260%, 10/04/2022		3,800,000		3,769,066
2.700%, 09/28/2021		3,425,000		3,426,218
Federal Home Loan Mortgage Corp.
1.765%, 06/26/2020		4,510,000		4,472,786
2.000%, 11/20/2020		4,940,000		4,908,400
2.375%, 02/16/2021		5,000,000		5,005,570
2.462%, (12 month LIBOR + 1.618%), 05/01/2045 (A)		2,012,733		2,044,859
3.000%, 07/01/2030		850,445		860,394
3.500%, 04/01/2032		2,473,256		2,544,387
5.500%, 07/01/2040		401,995		439,405
7.000%, 04/01/2031 to 04/01/2032		608		689
Federal National Mortgage Association
1.500%, 11/30/2020		4,415,000		4,353,639
1.950%, 11/09/2020		3,150,000		3,127,824
2.500%, 10/01/2027		1,380,227		1,380,204
2.625%, 01/11/2022		5,000,000		5,046,729
2.875%, 09/12/2023		7,005,000		7,171,920
3.000%, 03/01/2028 to 03/01/2031		10,711,770		10,836,976
3.500%, 12/01/2025 to 05/01/2033		2,356,651		2,418,194
5.500%, 08/01/2040		151,188		164,223

183

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (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 Agency (continued)
Federal National Mortgage Association (continued)
6.500%, 01/01/2039	$	539,312	$	616,224
7.000%, 08/01/2025 to 01/01/2029		1,526		1,696
7.500%, 01/01/2031		599		690
8.000%, 10/01/2024 to 09/01/2030		1,265		1,452
Government National Mortgage Association
7.500%, 01/15/2027 to 03/15/2027		285		316
Tennessee Valley Authority 3.875%, 02/15/2021		5,815,000		5,972,729
				106,813,180
TOTAL U.S. GOVERNMENT AND AGENCY OBLIGATIONS (Cost $169,256,532)			$	168,844,516
COLLATERALIZED MORTGAGE OBLIGATIONS – 3.7%
U.S. Government Agency – 3.7%
Federal Home Loan Mortgage Corp.
Series 4482, Class MA, 2.000%, 04/15/2031		538,407		533,696
Series K017, Class X1 IO, 1.303%, 12/25/2021		22,672,515		659,042
Series K018, Class X1 IO, 1.343%, 01/25/2022		4,369,375		129,506
Series K022, Class X1 IO, 1.230%, 07/25/2022		11,335,532		385,718
Series K026, Class X1 IO, 0.994%, 11/25/2022		5,407,639		161,162
Series K030, Class X1 IO, 0.195%, 04/25/2023		139,542,560		998,274
Series K038, Class X1 IO, 1.160%, 03/25/2024		8,288,352		396,579
Series K710, Class X1 IO, 1.728%, 05/25/2019		1,984,613		202
Series K711, Class X1 IO, 1.629%, 07/25/2019		4,117,207		4,821
Series K718, Class X1 IO, 0.623%, 01/25/2022		20,077,471		291,294
Federal National Mortgage Association
Series 2013-100, Class CA, 4.000%, 03/25/2039		332,524		338,365
Series 2014-28, Class BD, 3.500%, 08/25/2043		550,077		563,762
Government National Mortgage Association
Series 2012-114, Class IO, 0.766%, 01/16/2053		2,655,542		121,982
Series 2017-109, Class IO, 0.610%, 04/16/2057		2,875,864		155,080
Series 2017-124, Class IO, 0.706%, 01/16/2059		3,581,959		228,873
Series 2017-140, Class IO, 0.609%, 02/16/2059		2,095,729		123,944
Series 2017-20, Class IO, 0.748%, 12/16/2058		4,806,470		294,152
Series 2017-41, Class IO, 0.793%, 07/16/2058		3,254,684		219,733
Series 2017-46, Class IO, 0.621%, 11/16/2057		3,557,353		203,728
Series 2017-61, Class IO, 0.768%, 05/16/2059		2,133,723		149,446
Series 2017-74, Class IO, 0.777%, 09/16/2058		3,717,867		220,868

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 2017-89, Class IO, 0.766%, 07/16/2059	$	3,759,136	$	259,398
Series 2018-9, Class IO, 0.558%, 01/16/2060		2,564,686		147,313
				6,586,938
TOTAL COLLATERALIZED MORTGAGE OBLIGATIONS (Cost $6,816,120)			$	6,586,938
SHORT-TERM INVESTMENTS – 1.0%
U.S. Government Agency – 0.9%
Federal Home Loan Bank Discount Note
2.250%, 04/01/2019 *		1,630,000		1,630,000
Repurchase agreement – 0.1%
Repurchase Agreement with State Street Corp. dated 3-29-19 at 1.300% to be repurchased at $145,016 on 4-1-19, collateralized by $155,000 U.S. Treasury Notes, 1.125% due 9-30-21 (valued at $151,866, including interest)		145,000		145,000
TOTAL SHORT-TERM INVESTMENTS (Cost $1,775,000)			$	1,775,000
Total Investments (Short Term Government Income Trust) (Cost $177,847,652) – 99.4%			$	177,206,454
Other assets and liabilities, net – 0.6%				1,073,032
TOTAL NET ASSETS – 100.0%			$	178,279,486

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.
*	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.

Small Cap Index Trust
	Shares or
	Principal
	Amount		Value
COMMON STOCKS – 96.6%
Communication services – 3.1%
Diversified telecommunication services – 0.5%
ATN International, Inc.		3,030	$	170,862
Cincinnati Bell, Inc. (A)		13,864		132,263
Cogent Communications Holdings, Inc.		11,800		640,150
Consolidated Communications Holdings, Inc. (B)		20,255		220,982
Frontier Communications Corp. (A)(B)		30,992		61,674
Intelsat SA (A)(B)		15,863		248,415
Iridium Communications, Inc. (A)		27,199		719,142
Ooma, Inc. (A)		6,018		79,678
ORBCOMM, Inc. (A)		21,677		146,970
pdvWireless, Inc. (A)		2,855		100,382
Vonage Holdings Corp. (A)		62,888		631,396
Windstream Holdings, Inc. (A)		13,084		3,925
				3,155,839
Entertainment – 0.5%
AMC Entertainment Holdings, Inc., Class A (B)		14,730		218,741

184

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Small Cap Index Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
Entertainment (continued)
Eros International PLC (A)(B)		9,973	$	91,153
Glu Mobile, Inc. (A)		31,999		350,069
IMAX Corp. (A)		15,143		343,443
Liberty Media Corp.-Liberty Braves, Class A (A)		3,200		89,408
Liberty Media Corp.-Liberty Braves, Class C (A)		10,142		281,643
LiveXLive Media, Inc. (A)(B)		8,908		47,925
Reading International, Inc., Class A (A)		5,551		88,594
Rosetta Stone, Inc. (A)		5,883		128,544
The Marcus Corp.		5,632		225,562
World Wrestling Entertainment, Inc., Class A		12,211		1,059,671
				2,924,753
Interactive media and services – 0.4%
Care.com, Inc. (A)		5,756		113,739
Cargurus, Inc. (A)		14,249		570,815
Cars.com, Inc. (A)		19,703		449,228
Liberty TripAdvisor Holdings, Inc., Class A (A)		20,773		294,769
QuinStreet, Inc. (A)		12,802		171,419
The Meet Group, Inc. (A)		20,733		104,287
TrueCar, Inc. (A)		27,174		180,435
Yelp, Inc. (A)		23,036		794,742
				2,679,434
Media – 1.5%
Boston Omaha Corp., Class A (A)		1,537		38,333
Central European Media Enterprises, Ltd., Class A (A)		27,178		108,168
Clear Channel Outdoor Holdings, Inc., Class A (A)		11,917		63,756
Daily Journal Corp. (A)(B)		366		78,361
Emerald Expositions Events, Inc.		7,329		93,078
Entercom Communications Corp., Class A		36,777		193,079
Entravision Communications Corp., Class A		20,522		66,491
Fluent, Inc. (A)		9,880		55,526
Gannett Company, Inc.		32,180		339,177
Gray Television, Inc. (A)		22,800		487,008
Hemisphere Media Group, Inc. (A)		6,048		85,277
Liberty Latin America, Ltd., Class A (A)		12,988		251,188
Liberty Latin America, Ltd., Class C (A)		31,785		618,218
Loral Space & Communications, Inc. (A)		3,770		135,909
Media General, Inc. (A)(C)		29,399		2,822
Meredith Corp. (B)		11,128		614,933
MSG Networks, Inc., Class A (A)		16,763		364,595
National CineMedia, Inc.		22,645		159,647
New Media Investment Group, Inc.		17,622		185,031
Nexstar Media Group, Inc., Class A		12,737		1,380,309
Scholastic Corp.		8,119		322,811
Sinclair Broadcast Group, Inc., Class A		19,274		741,664
TechTarget, Inc. (A)		5,876		95,603
TEGNA, Inc.		61,658		869,378
The EW Scripps Company, Class A		12,993		272,853
The New York Times Company, Class A		37,236		1,223,203
Tribune Publishing Company (A)		5,731		67,568
WideOpenWest, Inc. (A)		8,865		80,672
				8,994,658
Wireless telecommunication services – 0.2%
Boingo Wireless, Inc. (A)		11,716		272,748
Gogo, Inc. (A)(B)		17,322		77,776
NII Holdings, Inc. (A)		26,365		51,675

Small Cap Index Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
Wireless telecommunication services (continued)
Shenandoah
Telecommunications Company		13,294	$	589,722
Spok Holdings, Inc.		6,153		83,804
				1,075,725
				18,830,409
Consumer discretionary – 11.6%
Auto components – 0.9%
American Axle & Manufacturing Holdings, Inc. (A)		31,716		453,856
Cooper Tire & Rubber Company		14,285		426,979
Cooper-Standard Holdings, Inc. (A)		5,098		239,402
Dana, Inc.		41,644		738,765
Dorman Products, Inc. (A)		7,610		670,365
Fox Factory Holding Corp. (A)		10,286		718,889
Gentherm, Inc. (A)		9,899		364,877
LCI Industries		6,952		534,053
Modine Manufacturing Company (A)		14,282		198,091
Motorcar Parts of America, Inc. (A)		5,659		106,785
Standard Motor Products, Inc.		5,991		294,158
Stoneridge, Inc. (A)		7,637		220,404
Superior Industries International, Inc.		7,580		36,081
Tenneco, Inc., Class A		14,496		321,231
Tower International, Inc.		5,744		120,796
				5,444,732
Automobiles – 0.1%
Winnebago Industries, Inc.		8,913		277,640
Distributors – 0.1%
Core-Mark Holding Company, Inc.		13,044		484,324
Funko, Inc., Class A (A)		3,215		69,830
Weyco Group, Inc.		1,943		60,155
				614,309
Diversified consumer services – 0.8%
Adtalem Global Education, Inc. (A)		16,291		754,599
American Public Education, Inc. (A)		4,679		140,931
Career Education Corp. (A)		19,460		321,479
Carriage Services, Inc.		5,294		101,910
Chegg, Inc. (A)		30,777		1,173,219
Houghton Mifflin Harcourt Company (A)		29,830		216,864
K12, Inc. (A)		10,489		357,990
Laureate Education, Inc., Class A (A)		26,975		403,816
Regis Corp. (A)		8,837		173,824
Sotheby’s (A)		9,472		357,568
Strategic Education, Inc.		5,919		777,224
Weight Watchers International, Inc. (A)		11,141		224,491
				5,003,915
Hotels, restaurants and leisure – 2.9%
BBX Capital Corp.		19,641		116,275
Belmond, Ltd., Class A (A)		25,255		629,607
Biglari Holdings, Inc., Class B (A)		422		59,654
BJ’s Restaurants, Inc.		5,971		282,309
Bloomin’ Brands, Inc.		23,613		482,886
Bluegreen Vacations Corp. (B)		2,517		37,403
Boyd Gaming Corp.		23,357		639,048
Brinker International, Inc.		10,596		470,250
Carrols Restaurant Group, Inc. (A)		10,431		103,997
Century Casinos, Inc. (A)		9,157		82,962
Churchill Downs, Inc.		9,987		901,427
Chuy’s Holdings, Inc. (A)		5,003		113,918
Cracker Barrel Old Country Store, Inc. (B)		5,406		873,664
Dave & Buster’s Entertainment, Inc.		10,998		548,470
Del Frisco’s Restaurant Group, Inc. (A)		10,762		68,984
Del Taco Restaurants, Inc. (A)		9,491		95,479

185

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Small Cap Index Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
Hotels, restaurants and leisure (continued)
Denny’s Corp. (A)		17,474	$	320,648
Dine Brands Global, Inc.		4,742		432,897
Drive Shack, Inc. (A)		18,897		84,848
El Pollo Loco Holdings, Inc. (A)		6,221		80,935
Eldorado Resorts, Inc. (A)		18,684		872,356
Fiesta Restaurant Group, Inc. (A)		6,930		90,852
Golden Entertainment, Inc. (A)		5,530		78,305
International Speedway Corp., Class A		6,763		295,070
J Alexander’s Holdings, Inc. (A)		4,214		41,381
Jack in the Box, Inc.		7,295		591,333
Lindblad Expeditions Holdings, Inc. (A)		6,588		100,467
Marriott Vacations Worldwide Corp.		11,046		1,032,801
Monarch Casino & Resort, Inc. (A)		3,430		150,646
Nathan’s Famous, Inc.		908		62,107
Papa John’s International, Inc. (B)		6,399		338,827
Penn National Gaming, Inc. (A)		31,401		631,160
Planet Fitness, Inc., Class A (A)		25,049		1,721,367
PlayAGS, Inc. (A)		6,385		152,793
Potbelly Corp. (A)		7,102		60,438
RCI Hospitality Holdings, Inc.		2,977		68,382
Red Lion Hotels Corp. (A)		5,489		44,351
Red Robin Gourmet Burgers, Inc. (A)		3,935		113,367
Red Rock Resorts, Inc., Class A		19,853		513,200
Ruth’s Hospitality Group, Inc.		8,308		212,602
Scientific Games Corp. (A)		15,935		325,393
SeaWorld Entertainment, Inc. (A)		15,437		397,657
Shake Shack, Inc., Class A (A)		6,995		413,754
Speedway Motorsports, Inc.		3,850		55,710
Texas Roadhouse, Inc.		19,171		1,192,244
The Cheesecake Factory, Inc. (B)		11,926		583,420
The Habit Restaurants, Inc., Class A (A)		6,326		68,447
Wingstop, Inc.		8,221		625,043
				17,259,134
Household durables – 1.6%
Bassett Furniture Industries, Inc.		3,578		58,715
Beazer Homes USA, Inc. (A)		8,831		101,645
Cavco Industries, Inc. (A)		2,475		290,887
Century Communities, Inc. (A)		7,523		180,326
Ethan Allen Interiors, Inc.		7,004		133,987
Flexsteel Industries, Inc.		2,585		59,946
GoPro, Inc., Class A (A)		33,062		214,903
Green Brick Partners, Inc. (A)		7,741		67,734
Hamilton Beach Brands Holding Company, Class A		2,190		46,997
Hamilton Beach Brands Holding Company, Class B		1,197		25,688
Helen of Troy, Ltd. (A)		7,314		848,131
Hooker Furniture Corp.		3,515		101,337
Installed Building Products, Inc. (A)		6,319		306,472
iRobot Corp. (A)(B)		7,653		900,682
KB Home		24,308		587,524
La-Z-Boy, Inc.		13,240		436,788
LGI Homes, Inc. (A)(B)		5,222		314,573
M/I Homes, Inc. (A)		7,753		206,385
MDC Holdings, Inc.		13,822		401,667
Meritage Homes Corp. (A)		10,806		483,136
Roku, Inc. (A)		12,336		795,795
Skyline Champion Corp.		9,636		183,084
Sonos, Inc. (A)(B)		4,662		47,972
Taylor Morrison Home Corp., Class A (A)		32,898		583,940
The Lovesac Company (A)(B)		1,840		51,170
TopBuild Corp. (A)		10,149		657,858
TRI Pointe Group, Inc. (A)		40,215		508,318
Tupperware Brands Corp.		13,965		357,225

Small Cap Index Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
Household durables (continued)
Universal Electronics, Inc. (A)		4,087	$	151,832
William Lyon Homes, Class A (A)		9,441		145,108
ZAGG, Inc. (A)		8,141		73,839
				9,323,664
Internet and direct marketing retail – 0.9%
1-800-Flowers.com, Inc., Class A (A)		7,650		139,460
Duluth Holdings, Inc., Class B (A)(B)		2,468		58,837
Etsy, Inc. (A)		33,966		2,283,174
Groupon, Inc. (A)		127,744		453,491
Lands’ End, Inc. (A)		3,086		51,258
Leaf Group, Ltd. (A)		5,805		46,556
Liberty Expedia Holdings, Inc., Series A (A)		15,533		664,812
Liquidity Services, Inc. (A)		8,437		65,049
Overstock.com, Inc. (A)(B)		6,914		114,911
PetMed Express, Inc. (B)		5,885		134,060
Quotient Technology, Inc. (A)		22,786		224,898
Shutterfly, Inc. (A)		9,665		392,786
Shutterstock, Inc.		5,400		251,802
Stamps.com, Inc. (A)		5,052		411,283
				5,292,377
Leisure products – 0.3%
Acushnet Holdings Corp.		9,846		227,836
American Outdoor Brands Corp. (A)		15,098		141,015
Callaway Golf Company		26,800		426,924
Clarus Corp.		6,747		86,429
Johnson Outdoors, Inc., Class A		1,518		108,324
Malibu Boats, Inc., Class A (A)		5,928		234,630
MasterCraft Boat Holdings, Inc. (A)		5,359		120,953
Nautilus, Inc. (A)		8,673		48,222
Sturm Ruger & Company, Inc.		4,608		244,316
Vista Outdoor, Inc. (A)		16,985		136,050
YETI Holdings, Inc. (A)(B)		4,974		150,464
				1,925,163
Multiline retail – 0.3%
Big Lots, Inc.		11,424		434,340
Dillard’s, Inc., Class A (B)		3,164		227,871
J.C. Penney Company, Inc. (A)(B)		94,500		140,805
Ollie’s Bargain Outlet Holdings, Inc. (A)		14,146		1,207,078
				2,010,094
Specialty retail – 2.9%
Aaron’s, Inc.		19,577		1,029,750
Abercrombie & Fitch Company, Class A		18,861		516,980
American Eagle Outfitters, Inc.		45,880		1,017,160
America’s Car-Mart, Inc. (A)		1,646		150,346
Asbury Automotive Group, Inc. (A)		5,443		377,526
Ascena Retail Group, Inc. (A)		52,702		56,918
At Home Group, Inc. (A)		12,818		228,929
Barnes & Noble Education, Inc. (A)		11,713		49,195
Barnes & Noble, Inc. (B)		17,218		93,494
Bed Bath & Beyond, Inc. (B)		37,502		637,159
Boot Barn Holdings, Inc. (A)		8,001		235,549
Caleres, Inc.		12,040		297,268
Camping World Holdings, Inc., Class A		9,714		135,122
Carvana Company (A)(B)		9,219		535,255
Chico’s FAS, Inc.		36,972		157,870
Citi Trends, Inc.		3,729		72,007
Conn’s, Inc. (A)		5,647		129,090
Designer Brands, Inc.		19,518		433,690
Express, Inc. (A)		20,426		87,423
Five Below, Inc. (A)		15,512		1,927,366
GameStop Corp., Class A (B)		28,538		289,946
Genesco, Inc. (A)		5,685		258,952
GNC Holdings, Inc., Class A (A)(B)		26,102		71,258

186

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Small Cap Index Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
Specialty retail (continued)
Group 1 Automotive, Inc.		5,215	$	337,411
Guess?, Inc.		16,309		319,656
Haverty Furniture Companies, Inc.		5,416		118,502
Hibbett Sports, Inc. (A)		5,424		123,721
Hudson, Ltd., Class A (A)		11,378		156,448
Kirkland’s, Inc. (A)		4,982		35,023
Lithia Motors, Inc., Class A		6,317		585,902
Lumber Liquidators Holdings, Inc. (A)(B)		8,688		87,749
MarineMax, Inc. (A)		6,538		125,268
Monro, Inc.		9,058		783,698
Murphy USA, Inc. (A)		8,520		729,482
National Vision Holdings, Inc. (A)		17,956		564,357
Office Depot, Inc.		155,631		564,941
Party City Holdco, Inc. (A)		16,597		131,780
Rent-A-Center, Inc. (A)		12,482		260,499
RH (A)		5,397		555,621
Sally Beauty Holdings, Inc. (A)		34,345		632,291
Shoe Carnival, Inc. (B)		2,998		102,022
Signet Jewelers, Ltd.		14,836		402,946
Sleep Number Corp. (A)		9,321		438,087
Sonic Automotive, Inc., Class A		6,975		103,300
Sportsman’s Warehouse Holdings, Inc. (A)		11,796		56,621
Tailored Brands, Inc. (B)		14,405		112,935
The Buckle, Inc. (B)		8,304		155,451
The Cato Corp., Class A		6,462		96,801
The Children’s Place, Inc.		4,516		439,316
Tile Shop Holdings, Inc.		12,152		68,780
Tilly’s, Inc., Class A		6,178		68,761
Winmark Corp.		655		123,526
Zumiez, Inc. (A)		5,355		133,286
				17,202,434
Textiles, apparel and luxury goods – 0.8%
Crocs, Inc. (A)		18,834		484,976
Culp, Inc.		3,699		71,132
Deckers Outdoor Corp. (A)		8,274		1,216,195
Fossil Group, Inc. (A)(B)		13,027		178,730
G-III Apparel Group, Ltd. (A)		12,382		494,785
Movado Group, Inc.		4,666		169,749
Oxford Industries, Inc.		4,769		358,915
Rocky Brands, Inc.		2,189		52,448
Steven Madden, Ltd.		24,779		838,521
Unifi, Inc. (A)		4,755		92,009
Vera Bradley, Inc. (A)		6,815		90,299
Wolverine World Wide, Inc.		26,134		933,768
				4,981,527
				69,334,989
Consumer staples – 2.7%
Beverages – 0.3%
Celsius Holdings, Inc. (A)(B)		7,744		32,989
Coca-Cola Consolidated, Inc.		1,343		386,556
Craft Brew Alliance, Inc. (A)		4,066		56,843
MGP Ingredients, Inc. (B)		3,786		292,090
National Beverage Corp.		3,384		195,358
Primo Water Corp. (A)		9,767		150,998
The Boston Beer Company, Inc., Class A (A)		2,316		682,595
				1,797,429
Food and staples retailing – 0.6%
BJ’s Wholesale Club Holdings, Inc. (A)		36,330		995,442
Ingles Markets, Inc., Class A		4,413		121,887
Performance Food Group Company (A)		28,897		1,145,477
PriceSmart, Inc.		6,374		375,301

Small Cap Index Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
Food and staples retailing (continued)
Rite Aid Corp. (A)(B)		309,354	$	196,440
Smart & Final Stores, Inc. (A)		7,859		38,823
SpartanNash Company		10,247		162,620
The Andersons, Inc.		7,714		248,622
The Chefs’ Warehouse, Inc. (A)		6,212		192,883
United Natural Foods, Inc. (A)		15,005		198,366
Village Super Market, Inc., Class A		2,614		71,441
Weis Markets, Inc.		2,775		113,248
				3,860,550
Food products – 1.1%
B&G Foods, Inc. (B)		18,733		457,460
Calavo Growers, Inc. (B)		4,541		380,763
Cal-Maine Foods, Inc.		8,876		396,136
Darling Ingredients, Inc. (A)		46,492		1,006,552
Dean Foods Company		27,495		83,310
Farmer Brothers Company (A)		3,221		64,452
Fresh Del Monte Produce, Inc.		8,738		236,188
Freshpet, Inc. (A)		7,488		316,668
Hostess Brands, Inc. (A)		28,116		351,450
J&J Snack Foods Corp.		4,261		676,817
John B. Sanfilippo & Son, Inc.		2,504		179,962
Lancaster Colony Corp.		5,339		836,568
Landec Corp. (A)		7,537		92,554
Limoneira Company		4,449		104,685
Sanderson Farms, Inc.		5,616		740,413
Seneca Foods Corp., Class A (A)		2,358		58,007
The Simply Good Foods Company (A)		17,343		357,092
Tootsie Roll Industries, Inc.		4,693		174,784
				6,513,861
Household products – 0.2%
Central Garden & Pet Company (A)		3,267		83,505
Central Garden & Pet Company, Class A (A)		11,405		265,166
WD-40 Company		3,890		659,122
				1,007,793
Personal products – 0.3%
Edgewell Personal Care Company (A)		15,385		675,248
elf Beauty, Inc. (A)		7,210		76,426
Inter Parfums, Inc.		5,010		380,109
Medifast, Inc.		3,297		420,532
Revlon, Inc., Class A (A)(B)		2,603		50,446
USANA Health Sciences, Inc. (A)		3,617		303,358
				1,906,119
Tobacco – 0.2%
22nd Century Group, Inc. (A)(B)		34,190		58,465
Pyxus International, Inc. (A)		2,458		58,722
Turning Point Brands, Inc.		2,350		108,312
Universal Corp.		6,983		402,430
Vector Group, Ltd.		29,906		322,686
				950,615
				16,036,367
Energy – 3.5%
Energy equipment and services – 1.3%
Archrock, Inc.		36,481		356,784
C&J Energy Services, Inc. (A)		18,450		286,344
Cactus, Inc., Class A (A)		10,781		383,804
Covia Holdings Corp. (A)(B)		9,913		55,414
Diamond Offshore Drilling, Inc. (A)(B)		18,690		196,058
Dril-Quip, Inc. (A)		10,195		467,441
Era Group, Inc. (A)		6,434		74,248
Exterran Corp. (A)		9,527		160,530
Forum Energy Technologies, Inc. (A)		24,383		124,597
Frank’s International NV (A)		21,652		134,459

187

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Small Cap Index Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
Energy equipment and services (continued)
FTS International, Inc. (A)		9,779	$	97,790
Helix Energy Solutions Group, Inc. (A)		40,157		317,642
Independence Contract Drilling, Inc. (A)		16,252		45,018
ION Geophysical Corp. (A)		3,278		47,334
Keane Group, Inc. (A)		15,290		166,508
KLX Energy Services Holdings, Inc. (A)		5,870		147,572
Liberty Oilfield Services, Inc., Class A (B)		12,748		196,192
Mammoth Energy Services, Inc. (B)		3,772		62,804
Matrix Service Company (A)		7,706		150,883
McDermott International, Inc. (A)		51,746		384,990
Natural Gas Services Group, Inc. (A)		4,083		70,677
Newpark Resources, Inc. (A)		25,717		235,568
Nine Energy Service, Inc. (A)		4,272		96,761
Noble Corp. PLC (A)		72,066		206,829
Oceaneering International, Inc. (A)		28,438		448,467
Oil States International, Inc. (A)		17,218		292,017
Pioneer Energy Services Corp. (A)		23,741		42,022
ProPetro Holding Corp. (A)		20,164		454,497
RigNet, Inc. (A)		4,292		41,933
Rowan Companies PLC, Class A (A)		36,446		393,252
SEACOR Holdings, Inc. (A)		4,794		202,690
SEACOR Marine Holdings, Inc. (A)		5,109		68,001
Select Energy Services, Inc., Class A (A)		13,334		160,275
Solaris Oilfield Infrastructure, Inc., Class A		7,769		127,722
Superior Energy Services, Inc. (A)		45,048		210,374
TETRA Technologies, Inc. (A)		37,118		86,856
Tidewater, Inc. (A)		8,659		200,802
U.S. Silica Holdings, Inc.		22,705		394,159
Unit Corp. (A)		15,253		217,203
				7,806,517
Oil, gas and consumable fuels – 2.2%
Abraxas Petroleum Corp. (A)		51,582		64,478
Arch Coal, Inc., Class A		4,885		445,854
Ardmore Shipping Corp. (A)		10,617		65,401
Berry Petroleum Corp.		16,169		186,590
Bonanza Creek Energy, Inc. (A)		5,600		127,064
California Resources Corp. (A)(B)		12,883		331,222
Callon Petroleum Company (A)		65,275		492,826
Carrizo Oil & Gas, Inc. (A)		25,412		316,888
Clean Energy Fuels Corp. (A)		41,492		128,210
Cloud Peak Energy, Inc. (A)		53,280		5,594
CONSOL Energy, Inc. (A)		7,739		264,829
CVR Energy, Inc.		5,186		213,663
Delek US Holdings, Inc.		23,205		845,126
Denbury Resources, Inc. (A)		133,374		273,417
DHT Holdings, Inc.		25,973		115,840
Dorian LPG, Ltd. (A)		9,038		58,024
Earthstone Energy, Inc., Class A (A)		6,798		48,130
Energy Fuels, Inc. (A)		26,731		89,014
Evolution Petroleum Corp.		9,125		61,594
Frontline, Ltd. (A)		22,044		142,404
GasLog, Ltd.		11,675		203,846
Golar LNG, Ltd.		26,980		569,008
Green Plains, Inc.		11,325		188,901
Gulfport Energy Corp. (A)		50,213		402,708
Halcon Resources Corp. (A)(B)		44,584		60,188
HighPoint Resources Corp. (A)		32,932		72,780
International Seaways, Inc. (A)		6,201		106,285
Jagged Peak Energy, Inc. (A)(B)		19,276		201,820
Laredo Petroleum, Inc. (A)		45,453		140,450
Matador Resources Company (A)		30,180		583,379
Midstates Petroleum Company, Inc. (A)		4,818		47,072
NACCO Industries, Inc., Class A		1,174		44,870

Small Cap Index Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
Oil, gas and consumable fuels (continued)
Nordic American Tankers, Ltd. (B)		41,584	$	84,000
Northern Oil and Gas, Inc. (A)		57,327		157,076
Oasis Petroleum, Inc. (A)		77,107		465,726
Overseas Shipholding Group, Inc., Class A (A)		17,485		40,041
Panhandle Oil and Gas, Inc., Class A		4,788		75,172
Par Pacific Holdings, Inc. (A)		9,364		166,773
PDC Energy, Inc. (A)		19,030		774,140
Peabody Energy Corp.		22,217		629,408
Penn Virginia Corp. (A)		3,547		156,423
Renewable Energy Group, Inc. (A)		10,367		227,659
REX American Resources Corp. (A)		1,606		129,460
Ring Energy, Inc. (A)		17,497		102,707
Sanchez Energy Corp. (A)		26,881		5,349
SandRidge Energy, Inc. (A)		9,458		75,853
Scorpio Tankers, Inc.		13,038		258,674
SemGroup Corp., Class A		23,000		339,020
Ship Finance International, Ltd. (B)		22,306		275,256
SilverBow Resources, Inc. (A)		2,323		53,429
Southwestern Energy Company (A)		168,450		790,031
SRC Energy, Inc. (A)		69,306		354,847
Talos Energy, Inc. (A)		6,082		161,538
Teekay Corp. (B)		20,810		81,575
Teekay Tankers, Ltd., Class A (A)		59,889		58,098
Tellurian, Inc. (A)(B)		24,599		275,509
Uranium Energy Corp. (A)		54,312		76,037
W&T Offshore, Inc. (A)		27,280		188,232
World Fuel Services Corp.		19,133		552,752
				13,452,260
				21,258,777
Financials – 16.6%
Banks – 8.7%
1st Constitution Bancorp		3,022		53,701
1st Source Corp.		4,249		190,823
ACNB Corp.		1,847		68,339
Allegiance Bancshares, Inc. (A)		3,544		119,504
Amalgamated Bank, Class A		3,635		56,888
American National Bankshares, Inc.		2,537		88,592
Ameris Bancorp		12,203		419,173
Ames National Corp.		3,290		90,179
Arrow Financial Corp.		3,547		116,661
Atlantic Capital Bancshares, Inc. (A)		7,511		133,921
Auburn National Bancorporation, Inc.		1,160		45,739
Banc of California, Inc.		12,367		171,159
BancFirst Corp.		5,018		261,689
BancorpSouth Bank		26,333		743,117
Bank of Commerce Holdings		6,485		68,417
Bank of Marin Bancorp		3,887		158,162
Bankwell Financial Group, Inc.		2,442		71,258
Banner Corp.		8,978		486,338
Bar Harbor Bankshares		4,368		113,000
Baycom Corp. (A)		3,628		82,138
BCB Bancorp, Inc.		4,328		57,995
Berkshire Hills Bancorp, Inc.		11,620		316,529
Blue Hills Bancorp, Inc.		6,374		152,339
Boston Private Financial Holdings, Inc.		23,966		262,667
Bridge Bancorp, Inc.		5,008		146,734
Brookline Bancorp, Inc.		22,803		328,363
Bryn Mawr Bank Corp.		5,725		206,844
Business First Bancshares, Inc.		3,490		85,645
Byline Bancorp, Inc. (A)		4,904		90,626
C&F Financial Corp.		1,124		56,874
Cadence Bancorp		34,008		630,848
Cambridge Bancorp		869		71,997
Camden National Corp.		4,435		185,028

188

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Small Cap Index Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
Banks (continued)
Capital City Bank Group, Inc.		3,738	$	81,414
Capstar Financial Holdings, Inc.		3,631		52,432
Carolina Financial Corp.		6,094		210,791
Cathay General Bancorp		21,535		730,252
CB Financial Services, Inc. (B)		2,310		54,816
CBTX, Inc.		5,008		162,610
CenterState Bank Corp.		26,020		619,536
Central Pacific Financial Corp.		7,947		229,191
Central Valley Community Bancorp		3,572		69,833
Century Bancorp, Inc., Class A		981		71,613
Chemical Financial Corp.		20,226		832,502
Chemung Financial Corp.		1,329		62,370
Citizens & Northern Corp.		3,843		96,229
City Holding Company		4,160		316,950
Civista Bancshares, Inc.		4,616		100,767
CNB Financial Corp.		4,459		112,679
Coastal Financial Corp. (A)		2,888		49,067
Codorus Valley Bancorp, Inc.		2,837		60,570
Columbia Banking System, Inc.		20,556		671,976
Community Bank System, Inc.		13,938		833,074
Community Bankers Trust Corp.		7,783		56,972
Community Trust Bancorp, Inc.		4,335		177,995
ConnectOne Bancorp, Inc.		8,932		175,960
County Bancorp, Inc.		2,415		42,504
Customers Bancorp, Inc. (A)		8,324		152,412
CVB Financial Corp.		31,332		659,539
Eagle Bancorp, Inc. (A)		9,012		452,402
Enterprise Financial Services Corp.		6,374		259,868
Equity Bancshares, Inc., Class A (A)		3,962		114,106
Esquire Financial Holdings, Inc. (A)		2,553		58,106
Evans Bancorp, Inc.		1,675		59,714
Farmers & Merchants Bancorp, Inc. (B)		2,419		72,812
Farmers National Banc Corp.		7,459		102,860
FB Financial Corp.		4,627		146,954
Fidelity D&D Bancorp, Inc.		937		55,395
Fidelity Southern Corp.		6,129		167,873
Fifth Third Bancorp		33,657		848,840
Financial Institutions, Inc.		4,796		130,355
First Bancorp (NC)		8,119		282,216
First Bancorp (PR)		60,456		692,826
First Bancorp, Inc.		3,161		78,772
First Bank		6,107		70,414
First Busey Corp.		12,231		298,436
First Business Financial Services, Inc.		3,350		67,067
First Choice Bancorp		3,132		67,338
First Commonwealth Financial Corp.		27,163		342,254
First Community Bankshares, Inc.		4,416		146,346
First Community Corp.		2,984		56,905
First Financial Bancorp		26,890		646,973
First Financial Bankshares, Inc.		18,183		1,050,614
First Financial Corp.		3,571		149,982
First Financial Northwest, Inc.		3,549		55,897
First Foundation, Inc.		11,346		153,965
First Internet Bancorp		3,636		70,284
First Interstate BancSystem, Inc., Class A		8,738		347,947
First Merchants Corp.		13,204		486,567
First Mid-Illinois Bancshares, Inc.		3,753		125,050
First Midwest Bancorp, Inc.		29,903		611,815
Flushing Financial Corp.		8,350		183,116
Franklin Financial Network, Inc.		3,909		113,400
Fulton Financial Corp.		46,615		721,600
German American Bancorp, Inc.		6,662		195,863
Glacier Bancorp, Inc.		23,759		952,023
Great Southern Bancorp, Inc.		3,081		159,904

Small Cap Index Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
Banks (continued)
Great Western Bancorp, Inc.		15,971	$	504,524
Guaranty Bancshares, Inc.		2,687		78,514
Hancock Whitney Corp.		24,025		970,610
Hanmi Financial Corp.		8,925		189,835
HarborOne Bancorp, Inc. (A)		4,883		83,988
Heartland Financial USA, Inc.		8,404		358,431
Heritage Commerce Corp.		12,022		145,466
Heritage Financial Corp.		9,980		300,797
Hilltop Holdings, Inc.		20,353		371,442
Home BancShares, Inc.		44,636		784,255
HomeTrust Bancshares, Inc.		4,955		124,866
Hope Bancorp, Inc.		34,775		454,857
Horizon Bancorp, Inc.		10,757		173,080
Howard Bancorp, Inc. (A)		5,031		74,509
IBERIABANK Corp.		15,570		1,116,525
Independent Bank Corp. (MA)		9,197		745,059
Independent Bank Corp. (MI)		6,191		133,107
Independent Bank Group, Inc.		9,367		480,433
International Bancshares Corp.		15,578		592,431
Investar Holding Corp.		2,868		65,132
Investors Bancorp, Inc.		65,848		780,299
Lakeland Bancorp, Inc.		12,869		192,134
Lakeland Financial Corp.		6,529		295,241
LCNB Corp.		3,716		63,729
LegacyTexas Financial Group, Inc.		13,585		507,943
Live Oak Bancshares, Inc. (B)		7,743		113,125
Macatawa Bank Corp.		7,778		77,313
MBT Financial Corp.		6,036		60,481
Mercantile Bank Corp.		4,752		155,485
Metropolitan Bank Holding Corp. (A)		2,312		80,434
Mid Penn Bancorp, Inc.		2,337		57,257
Middlefield Banc Corp.		1,351		55,675
Midland States Bancorp, Inc.		6,496		156,294
MidSouth Bancorp, Inc.		5,604		63,942
MidWestOne Financial Group, Inc.		3,479		94,803
MVB Financial Corp.		3,178		48,465
National Bank Holdings Corp., Class A		7,901		262,787
National Bankshares, Inc.		2,399		102,797
National Commerce Corp. (A)		5,139		201,500
NBT Bancorp, Inc.		12,063		434,389
Nicolet Bankshares, Inc. (A)		2,313		137,855
Northeast Bancorp		2,851		58,959
Northrim Bancorp, Inc.		2,445		84,157
Norwood Financial Corp.		1,939		59,799
OFG Bancorp		12,056		238,588
Ohio Valley Banc Corp.		1,576		56,972
Old Line Bancshares, Inc.		4,979		124,126
Old National Bancorp		42,482		696,705
Old Second Bancorp, Inc.		8,196		103,188
Opus Bank		5,653		111,929
Origin Bancorp, Inc.		4,998		170,182
Orrstown Financial Services, Inc.		3,355		62,369
Pacific City Financial Corp.		4,237		73,936
Pacific Premier Bancorp, Inc.		13,288		352,531
Park National Corp.		3,880		367,630
Parke Bancorp, Inc.		2,679		55,964
Peapack Gladstone Financial Corp.		5,659		148,379
Penns Woods Bancorp, Inc.		1,749		71,884
Peoples Bancorp, Inc.		5,084		157,451
Peoples Financial Services Corp.		2,003		90,616
People’s Utah Bancorp		4,612		121,618
Preferred Bank		4,110		184,827
Premier Financial Bancorp, Inc.		4,424		69,501
QCR Holdings, Inc.		3,983		135,103
RBB Bancorp		4,410		82,908

189

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Small Cap Index Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
Banks (continued)
Renasant Corp.		13,716	$	464,287
Republic Bancorp, Inc., Class A		2,592		115,914
Republic First Bancorp, Inc. (A)		14,759		77,485
S&T Bancorp, Inc.		9,333		368,933
Sandy Spring Bancorp, Inc.		9,593		300,069
SB One Bancorp		3,119		67,745
Seacoast Banking Corp. of Florida (A)		12,626		332,695
Select Bancorp, Inc. (A)		5,959		67,754
ServisFirst Bancshares, Inc.		13,280		448,333
Shore Bancshares, Inc.		5,411		80,678
Sierra Bancorp		4,463		108,451
Simmons First National Corp., Class A		25,702		629,185
SmartFinancial, Inc. (A)		4,236		80,103
South State Corp.		10,067		687,979
Southern First Bancshares, Inc. (A)		2,564		86,843
Southern National Bancorp of Virginia, Inc.		6,563		96,148
Southside Bancshares, Inc.		8,804		292,557
Stock Yards Bancorp, Inc.		6,049		204,517
Summit Financial Group, Inc.		3,537		93,766
The Bancorp, Inc. (A)		14,862		120,085
The Bank of NT Butterfield & Son, Ltd.		15,712		563,747
The Bank of Princeton		2,366		75,073
The First Bancshares, Inc.		3,761		116,215
The First of Long Island Corp.		7,330		160,747
Tompkins Financial Corp.		4,058		308,692
Towne Bank		18,294		452,777
TriCo Bancshares		6,991		274,676
TriState Capital Holdings, Inc. (A)		7,220		147,505
Triumph Bancorp, Inc. (A)		7,066		207,670
Trustmark Corp.		18,191		611,763
UMB Financial Corp.		12,693		812,860
Union Bankshares Corp.		21,905		708,189
United Bankshares, Inc.		27,485		996,056
United Community Banks, Inc.		22,327		556,612
Univest Financial Corp.		8,259		202,015
Valley National Bancorp		91,506		876,627
Veritex Holdings, Inc.		12,522		303,283
Washington Trust Bancorp, Inc.		4,166		200,593
WesBanco, Inc.		14,601		580,390
West Bancorporation, Inc.		4,715		97,506
Westamerica Bancorporation		7,270		449,286
				52,207,140
Capital markets – 1.2%
Artisan Partners Asset Management, Inc., Class A		13,861		348,881
B. Riley Financial, Inc.		6,228		103,945
Blucora, Inc. (A)		13,571		453,000
BrightSphere Investment Group PLC		23,192		314,484
Cohen & Steers, Inc.		6,409		270,908
Cowen, Inc. (A)		8,039		116,485
Diamond Hill Investment Group, Inc.		1,008		141,120
Donnelley Financial Solutions, Inc. (A)		9,893		147,208
Federated Investors, Inc., Class B		27,582		808,428
Focus Financial Partners, Inc., Class A (A)		7,640		272,290
GAIN Capital Holdings, Inc. (B)		8,476		53,229
GAMCO Investors, Inc., Class A		1,907		39,094
Greenhill & Company, Inc. (B)		5,106		109,830
Hamilton Lane, Inc., Class A		4,740		206,569
Houlihan Lokey, Inc.		9,521		436,538
INTL. FCStone, Inc. (A)		4,420		171,319
Ladenburg Thalmann Financial Services, Inc.		31,198		88,290
Moelis & Company, Class A		12,686		527,864

Small Cap Index Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
Capital markets (continued)
Oppenheimer Holdings, Inc., Class A		2,948	$	76,707
Piper Jaffray Companies		4,111		299,404
PJT Partners, Inc., Class A		5,664		236,755
Pzena Investment Management, Inc., Class A		5,998		48,524
Safeguard Scientifics, Inc. (A)		6,733		73,053
Stifel Financial Corp.		19,753		1,042,168
Virtus Investment Partners, Inc.		1,956		190,808
Waddell & Reed Financial, Inc., Class A		21,303		368,329
Westwood Holdings Group, Inc.		2,677		94,418
WisdomTree Investments, Inc.		34,140		241,028
				7,280,676
Consumer finance – 0.6%
Curo Group Holdings Corp. (A)		3,946		39,578
Encore Capital Group, Inc. (A)(B)		7,425		202,183
Enova International, Inc. (A)		9,526		217,383
EZCORP, Inc., Class A (A)		15,252		142,149
FirstCash, Inc.		12,127		1,048,986
Green Dot Corp., Class A (A)		13,695		830,602
LendingClub Corp. (A)		93,185		287,942
Nelnet, Inc., Class A		5,255		289,393
PRA Group, Inc. (A)		12,979		347,967
Regional Management Corp. (A)		2,827		69,035
World Acceptance Corp. (A)		1,775		207,906
				3,683,124
Diversified financial services – 0.2%
Banco Latinoamericano de Comercio Exterior SA		8,920		177,686
Cannae Holdings, Inc. (A)		19,354		469,528
FGL Holdings		42,653		335,679
First Eagle Private Credit LLC (A)(C)		8,978		2,331
Marlin Business Services Corp.		2,657		57,126
On Deck Capital, Inc. (A)		14,926		80,899
				1,123,249
Insurance – 2.5%
Ambac Financial Group, Inc. (A)		12,813		232,172
American Equity Investment Life Holding Company		25,607		691,901
AMERISAFE, Inc.		5,442		323,255
Argo Group International Holdings, Ltd.		9,149		646,468
Citizens, Inc. (A)(B)		13,973		93,200
CNO Financial Group, Inc.		46,931		759,344
eHealth, Inc. (A)		6,234		388,628
EMC Insurance Group, Inc.		2,749		87,638
Employers Holdings, Inc.		9,044		362,755
Enstar Group, Ltd. (A)		3,426		596,124
FBL Financial Group, Inc., Class A		2,964		185,902
FedNat Holding Company		3,731		59,845
Genworth Financial, Inc., Class A (A)		144,497		553,424
Global Indemnity, Ltd.		2,648		80,446
Goosehead Insurance, Inc., Class A (B)		2,885		80,434
Greenlight Capital Re, Ltd., Class A (A)(B)		9,241		100,450
HCI Group, Inc.		2,138		91,357
Health Insurance Innovations, Inc., Class A (A)(B)		3,779		101,353
Heritage Insurance Holdings, Inc.		6,216		90,754
Horace Mann Educators Corp.		11,907		419,245
Investors Title Company		443		69,950
James River Group Holdings, Ltd.		7,278		291,702
Kemper Corp.		14,925		1,136,390
Kingstone Companies, Inc.		3,658		53,919
Kinsale Capital Group, Inc.		5,545		380,221
MBIA, Inc. (A)		25,342		241,256

190

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Small Cap Index Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
Insurance (continued)
National General Holdings Corp.		18,533	$	439,788
National Western Life Group, Inc., Class A		679		178,217
Primerica, Inc.		12,220		1,492,673
ProAssurance Corp.		15,161		524,722
Protective Insurance Corp., Class B		3,511		65,024
RLI Corp.		11,125		798,219
Safety Insurance Group, Inc.		4,138		360,585
Selective Insurance Group, Inc.		16,441		1,040,386
State Auto Financial Corp.		4,807		158,246
Stewart Information Services Corp.		6,666		284,572
The Navigators Group, Inc.		5,808		405,805
Third Point Reinsurance, Ltd. (A)		22,097		229,367
Tiptree, Inc.		10,216		64,667
Trupanion, Inc. (A)(B)		7,509		245,845
United Fire Group, Inc.		5,925		258,982
United Insurance Holdings Corp.		6,273		99,741
Universal Insurance Holdings, Inc.		8,876		275,156
				15,040,128
Mortgage real estate investment trusts – 1.1%
AG Mortgage Investment Trust, Inc.		8,090		136,236
Anworth Mortgage Asset Corp.		30,602		123,632
Apollo Commercial Real Estate Finance, Inc.		34,364		625,425
Arbor Realty Trust, Inc.		20,209		262,111
Ares Commercial Real Estate Corp.		8,009		121,657
Arlington Asset Investment Corp., Class A (B)		9,459		75,294
ARMOUR Residential REIT, Inc.		13,635		266,292
Blackstone Mortgage Trust, Inc., Class A		31,753		1,097,384
Capstead Mortgage Corp.		24,156		207,500
Cherry Hill Mortgage Investment Corp.		5,013		86,324
Colony Credit Real Estate, Inc.		24,312		380,726
Dynex Capital, Inc.		20,380		124,114
Exantas Capital Corp.		9,393		99,848
Granite Point Mortgage Trust, Inc.		13,816		256,563
Great Ajax Corp.		6,058		83,237
Invesco Mortgage Capital, Inc.		35,951		568,026
KKR Real Estate Finance Trust, Inc.		5,604		112,192
Ladder Capital Corp.		26,035		443,116
New York Mortgage Trust, Inc.		48,247		293,824
Orchid Island Capital, Inc.		14,631		96,272
PennyMac Mortgage Investment Trust		16,249		336,517
Ready Capital Corp.		5,247		76,973
Redwood Trust, Inc.		26,264		424,164
TPG RE Finance Trust, Inc.		9,020		176,792
Western Asset Mortgage Capital Corp.		13,462		137,716
				6,611,935
Thrifts and mortgage finance – 2.3%
Axos Financial, Inc. (A)		16,395		474,799
BankFinancial Corp.		4,909		72,997
Bridgewater Bancshares, Inc. (A)		7,625		78,614
BSB Bancorp, Inc. (A)		2,715		89,161
Capitol Federal Financial, Inc.		36,540		487,809
Columbia Financial, Inc. (A)		14,317		224,347
Dime Community Bancshares, Inc.		9,323		174,620
Entegra Financial Corp. (A)		2,678		60,121
ESSA Bancorp, Inc.		4,024		61,970
Essent Group, Ltd. (A)		27,241		1,183,621
Federal Agricultural Mortgage Corp., Class C		2,560		185,421
First Defiance Financial Corp.		5,682		163,301
Flagstar Bancorp, Inc.		8,226		270,800
FS Bancorp, Inc.		1,372		69,259
Hingham Institution for Savings		349		60,031

Small Cap Index Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
Thrifts and mortgage finance (continued)
Home Bancorp, Inc.		2,716	$	90,307
HomeStreet, Inc. (A)		7,405		195,122
Kearny Financial Corp.		25,266		325,173
LendingTree, Inc. (A)		2,269		797,690
Luther Burbank Corp.		6,745		68,125
Merchants Bancorp		4,803		103,265
Meridian Bancorp, Inc.		14,632		229,576
Meta Financial Group, Inc.		8,409		165,489
MGIC Investment Corp. (A)		100,751		1,328,906
Mr. Cooper Group, Inc. (A)		21,352		204,766
NMI Holdings, Inc., Class A (A)		17,989		465,375
Northfield Bancorp, Inc.		13,392		186,149
Northwest Bancshares, Inc.		26,269		445,785
OceanFirst Financial Corp.		13,778		331,499
Ocwen Financial Corp. (A)		36,254		65,982
OP Bancorp		5,087		44,511
Oritani Financial Corp.		11,338		188,551
PCSB Financial Corp.		5,270		103,134
PennyMac Financial Services, Inc.		5,802		129,036
Provident Bancorp, Inc. (A)		1,902		43,080
Provident Financial Services, Inc.		17,017		440,570
Radian Group, Inc.		61,348		1,272,358
Riverview Bancorp, Inc.		8,452		61,784
SI Financial Group, Inc.		4,640		59,902
Southern Missouri Bancorp, Inc.		2,532		77,986
Sterling Bancorp, Inc.		7,068		71,670
Territorial Bancorp, Inc.		2,461		66,226
Timberland Bancorp, Inc.		2,152		60,213
TrustCo Bank Corp.		28,291		219,538
United Community Financial Corp.		14,231		133,060
United Financial Bancorp, Inc.		15,206		218,206
Walker & Dunlop, Inc.		7,842		399,236
Washington Federal, Inc.		22,664		654,763
Waterstone Financial, Inc.		7,111		117,047
Western New England Bancorp, Inc.		9,254		85,414
WSFS Financial Corp.		14,558		561,939
				13,668,304
				99,614,556
Health care – 15.4%
Biotechnology – 6.6%
Abeona Therapeutics, Inc. (A)(B)		9,526		70,111
ACADIA Pharmaceuticals, Inc. (A)(B)		32,338		868,275
Acceleron Pharma, Inc. (A)		12,483		581,333
Achillion Pharmaceuticals, Inc. (A)		39,498		116,914
Acorda Therapeutics, Inc. (A)		12,980		172,504
Adamas Pharmaceuticals, Inc. (A)(B)		7,456		53,012
Aduro Biotech, Inc. (A)		18,917		75,290
Adverum Biotechnologies, Inc. (A)		17,013		89,148
Aeglea BioTherapeutics, Inc. (A)		6,123		49,290
Agenus, Inc. (A)		27,248		80,927
Aimmune Therapeutics, Inc. (A)		12,678		283,353
Akebia Therapeutics, Inc. (A)		25,090		205,487
Albireo Pharma, Inc. (A)		2,933		94,472
Alder Biopharmaceuticals, Inc. (A)		16,858		230,112
Aldeyra Therapeutics, Inc. (A)		6,855		61,901
Allakos, Inc. (A)		4,120		166,860
Allogene Therapeutics, Inc. (A)(B)		6,374		184,272
AMAG Pharmaceuticals, Inc. (A)		10,229		131,750
Amicus Therapeutics, Inc. (A)		54,116		735,978
AnaptysBio, Inc. (A)		6,068		443,267
Anika Therapeutics, Inc. (A)		4,109		124,256
Apellis Pharmaceuticals, Inc. (A)		10,540		205,530
Arbutus Biopharma Corp. (A)		12,415		44,446
Arcus Biosciences, Inc. (A)		9,423		117,693
Ardelyx, Inc. (A)		13,776		38,573

191

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Small Cap Index Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
Biotechnology (continued)
Arena Pharmaceuticals, Inc. (A)		14,183	$	635,824
ArQule, Inc. (A)		31,075		148,849
Array BioPharma, Inc. (A)		60,147		1,466,384
Arrowhead Pharmaceuticals, Inc. (A)		26,712		490,165
Assembly Biosciences, Inc. (A)		6,273		123,515
Atara Biotherapeutics, Inc. (A)		12,034		478,352
Athenex, Inc. (A)(B)		13,161		161,222
Athersys, Inc. (A)(B)		37,762		56,643
Audentes Therapeutics, Inc. (A)		10,692		417,202
Avid Bioservices, Inc. (A)		15,647		66,500
Avrobio, Inc. (A)		3,839		84,650
Bellicum Pharmaceuticals, Inc. (A)		13,724		46,250
BioCryst Pharmaceuticals, Inc. (A)		31,479		256,239
Biohaven Pharmaceutical Holding Company, Ltd. (A)		8,937		459,987
BioSpecifics Technologies Corp. (A)		1,700		105,961
BioTime, Inc. (A)(B)		35,576		46,605
Blueprint Medicines Corp. (A)		11,806		945,070
Calithera Biosciences, Inc. (A)		10,451		70,440
Cara Therapeutics, Inc. (A)(B)		9,415		184,722
CareDx, Inc. (A)		9,987		314,790
CASI Pharmaceuticals, Inc. (A)		15,209		43,650
Catalyst Biosciences, Inc. (A)		4,040		32,764
Catalyst Pharmaceuticals, Inc. (A)(B)		29,873		152,352
Cellular Biomedicine Group, Inc. (A)		3,404		58,889
ChemoCentryx, Inc. (A)		6,572		91,285
Clovis Oncology, Inc. (A)		13,656		338,942
Coherus Biosciences, Inc. (A)		14,999		204,586
Concert Pharmaceuticals, Inc. (A)		6,541		78,950
Constellation Pharmaceuticals, Inc. (A)(B)		4,989		67,601
Corbus Pharmaceuticals Holdings, Inc. (A)(B)		16,312		113,368
Crinetics Pharmaceuticals, Inc. (A)(B)		2,596		59,085
Cue Biopharma, Inc. (A)(B)		6,096		47,122
Cytokinetics, Inc. (A)		13,751		111,246
CytomX Therapeutics, Inc. (A)		13,190		141,793
Deciphera Pharmaceuticals, Inc. (A)		2,679		62,180
Denali Therapeutics, Inc. (A)(B)		13,068		303,439
Dicerna Pharmaceuticals, Inc. (A)		15,626		228,921
Dynavax Technologies Corp. (A)(B)		18,690		136,624
Eagle Pharmaceuticals, Inc. (A)		3,103		156,670
Editas Medicine, Inc. (A)(B)		13,353		326,481
Eidos Therapeutics, Inc. (A)(B)		4,791		112,349
Emergent BioSolutions, Inc. (A)		12,879		650,647
Enanta Pharmaceuticals, Inc. (A)		4,782		456,777
Epizyme, Inc. (A)		17,341		214,855
Esperion Therapeutics, Inc. (A)(B)		6,583		264,307
Evelo Biosciences, Inc. (A)		4,576		36,608
Fate Therapeutics, Inc. (A)		17,422		306,105
FibroGen, Inc. (A)		21,647		1,176,514
Five Prime Therapeutics, Inc. (A)		9,987		133,826
Flexion Therapeutics, Inc. (A)		10,127		126,385
Forty Seven, Inc. (A)(B)		4,283		69,213
G1 Therapeutics, Inc. (A)		6,897		114,490
Genomic Health, Inc. (A)		5,963		417,708
Geron Corp. (A)(B)		53,106		88,156
Global Blood Therapeutics, Inc. (A)(B)		15,282		808,876
GlycoMimetics, Inc. (A)		10,374		129,260
Gossamer Bio, Inc. (A)		3,316		71,858
Halozyme Therapeutics, Inc. (A)		35,848		577,153
Heron Therapeutics, Inc. (A)		19,732		482,250
Homology Medicines, Inc. (A)(B)		4,969		137,790
Immune Design Corp. (A)		10,317		60,354
ImmunoGen, Inc. (A)		42,227		114,435

Small Cap Index Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
Biotechnology (continued)
Immunomedics, Inc. (A)		42,796	$	822,111
Inovio Pharmaceuticals, Inc. (A)(B)		26,189		97,685
Insmed, Inc. (A)		21,912		636,982
Intellia Therapeutics, Inc. (A)(B)		9,953		169,997
Intercept Pharmaceuticals, Inc. (A)		6,247		698,789
Intrexon Corp. (A)(B)		21,573		113,474
Invitae Corp. (A)		20,237		473,951
Iovance Biotherapeutics, Inc. (A)		30,535		290,388
Ironwood Pharmaceuticals, Inc. (A)		40,258		544,691
Kadmon Holdings, Inc. (A)		31,041		81,948
Karyopharm Therapeutics, Inc. (A)		14,526		84,832
Kezar Life Sciences, Inc. (A)		3,814		67,660
Kindred Biosciences, Inc. (A)		10,747		98,550
Kiniksa Pharmaceuticals, Ltd., Class A (A)		3,651		65,937
Kura Oncology, Inc. (A)		8,222		136,403
La Jolla Pharmaceutical Company (A)(B)		6,669		42,882
Lexicon Pharmaceuticals, Inc. (A)(B)		12,952		72,013
Ligand Pharmaceuticals, Inc. (A)		5,962		749,483
MacroGenics, Inc. (A)		11,379		204,594
Madrigal Pharmaceuticals, Inc. (A)(B)		1,969		246,637
Magenta Therapeutics, Inc. (A)(B)		4,359		71,793
MannKind Corp. (A)(B)		48,769		96,075
MediciNova, Inc. (A)(B)		12,241		101,355
MeiraGTx Holdings PLC (A)		3,650		62,890
Minerva Neurosciences, Inc. (A)		9,693		76,187
Mirati Therapeutics, Inc. (A)		6,107		447,643
Momenta Pharmaceuticals, Inc. (A)		28,127		408,685
Myriad Genetics, Inc. (A)		19,596		650,587
Natera, Inc. (A)		9,733		200,694
Novavax, Inc. (A)(B)		113,734		62,656
OPKO Health, Inc. (A)		92,570		241,608
Organovo Holdings, Inc. (A)		41,536		41,204
Palatin Technologies, Inc. (A)		64,605		63,326
PDL BioPharma, Inc. (A)		41,243		153,424
Pfenex, Inc. (A)		9,651		59,643
Pieris Pharmaceuticals, Inc. (A)		18,009		60,330
PolarityTE, Inc. (A)(B)		3,250		34,775
Portola Pharmaceuticals, Inc. (A)(B)		18,677		648,092
Principia Biopharma, Inc. (A)		1,742		59,228
Progenics Pharmaceuticals, Inc. (A)		25,749		119,475
Proteostasis Therapeutics, Inc. (A)(B)		10,423		13,133
Prothena Corp. PLC (A)		11,958		145,051
PTC Therapeutics, Inc. (A)		14,696		553,157
Puma Biotechnology, Inc. (A)		8,323		322,849
Ra Pharmaceuticals, Inc. (A)		5,431		121,654
Radius Health, Inc. (A)		11,836		236,010
Recro Pharma, Inc. (A)		5,847		34,263
REGENXBIO, Inc. (A)		9,167		525,361
Repligen Corp. (A)		11,128		657,442
Replimune Group, Inc. (A)		3,735		56,847
Retrophin, Inc. (A)		11,926		269,885
Rhythm Pharmaceuticals, Inc. (A)		4,422		121,207
Rigel Pharmaceuticals, Inc. (A)		49,989		128,472
Rocket Pharmaceuticals, Inc. (A)		6,974		122,324
Rubius Therapeutics, Inc. (A)(B)		9,938		179,878
Sangamo Therapeutics, Inc. (A)		29,620		282,575
Savara, Inc. (A)		9,473		69,816
Scholar Rock Holding Corp. (A)		4,483		84,236
Selecta Biosciences, Inc. (A)		11,589		27,466
Seres Therapeutics, Inc. (A)(B)		6,655		45,720
Solid Biosciences, Inc. (A)		4,162		38,290
Sorrento Therapeutics, Inc. (A)(B)		35,183		167,119
Spark Therapeutics, Inc. (A)		8,959		1,020,251
Spectrum Pharmaceuticals, Inc. (A)		29,066		310,716

192

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Small Cap Index Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
Biotechnology (continued)
Spring Bank Pharmaceuticals, Inc. (A)(B)		4,578	$	48,023
Stemline Therapeutics, Inc. (A)		11,419		146,734
Synergy Pharmaceuticals, Inc. (A)		80,513		749
Synlogic, Inc. (A)		5,310		40,303
Synthorx, Inc. (A)(B)		2,212		45,058
Syros Pharmaceuticals, Inc. (A)		8,404		76,813
TG Therapeutics, Inc. (A)(B)		18,318		147,277
Tocagen, Inc. (A)		6,346		68,981
Translate Bio, Inc. (A)		8,856		90,243
Twist Bioscience Corp. (A)		1,681		38,966
Tyme Technologies, Inc. (A)(B)		31,642		55,690
Ultragenyx Pharmaceutical, Inc. (A)		15,000		1,040,400
UNITY Biotechnology, Inc. (A)(B)		7,556		61,279
Vanda Pharmaceuticals, Inc. (A)		14,669		269,910
Veracyte, Inc. (A)		8,100		202,662
Verastem, Inc. (A)(B)		20,613		61,014
Vericel Corp. (A)		12,458		218,140
Viking Therapeutics, Inc. (A)(B)		17,685		175,789
Voyager Therapeutics, Inc. (A)		6,379		122,094
Xencor, Inc. (A)		13,325		413,875
Y-mAbs Therapeutics, Inc. (A)		2,176		57,033
ZIOPHARM Oncology, Inc. (A)(B)		38,616		148,672
				39,512,092
Health care equipment and supplies – 3.5%
Accuray, Inc. (A)		25,771		122,928
AngioDynamics, Inc. (A)		10,332		236,190
Antares Pharma, Inc. (A)		42,231		127,960
AtriCure, Inc. (A)		10,494		281,134
Atrion Corp.		398		349,715
Avanos Medical, Inc. (A)		13,371		570,674
Axogen, Inc. (A)		9,787		206,114
Axonics Modulation Technologies, Inc. (A)		2,137		51,181
Cardiovascular Systems, Inc. (A)		9,691		374,654
Cerus Corp. (A)		38,321		238,740
CONMED Corp.		7,161		595,652
CryoLife, Inc. (A)		10,063		293,538
CryoPort, Inc. (A)(B)		8,100		104,652
Cutera, Inc. (A)		4,121		72,777
CytoSorbents Corp. (A)(B)		9,233		69,894
FONAR Corp. (A)		2,139		43,785
GenMark Diagnostics, Inc. (A)		15,197		107,747
Glaukos Corp. (A)		9,676		758,308
Globus Medical, Inc., Class A (A)		21,093		1,042,205
Haemonetics Corp. (A)		14,553		1,273,096
Helius Medical Technologies, Inc. (A)(B)		6,099		40,619
Heska Corp. (A)		1,982		168,708
Inogen, Inc. (A)		5,090		485,433
Integer Holdings Corp. (A)		8,826		665,657
IntriCon Corp. (A)		2,408		60,393
Invacare Corp.		10,060		84,202
iRhythm Technologies, Inc. (A)		6,874		515,275
Lantheus Holdings, Inc. (A)		10,612		259,782
LeMaitre Vascular, Inc.		4,629		143,499
LivaNova PLC (A)		13,815		1,343,509
Meridian Bioscience, Inc.		11,932		210,123
Merit Medical Systems, Inc. (A)		15,160		937,343
Natus Medical, Inc. (A)		9,475		240,476
Neogen Corp. (A)		14,340		822,973
Neuronetics, Inc. (A)		3,938		60,055
Nevro Corp. (A)		8,291		518,270
Novocure, Ltd. (A)		20,915		1,007,476
NuVasive, Inc. (A)		14,623		830,440
Nuvectra Corp. (A)		5,235		57,637

Small Cap Index Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
Health care equipment and supplies (continued)
OraSure Technologies, Inc. (A)		17,479	$	194,891
Orthofix Medical, Inc. (A)		4,946		279,004
OrthoPediatrics Corp. (A)		2,245		99,296
Oxford Immunotec Global PLC (A)		7,655		131,896
Pulse Biosciences, Inc. (A)		3,325		58,487
Quidel Corp. (A)		9,752		638,463
Rockwell Medical, Inc. (A)(B)		14,463		82,294
RTI Surgical Holdings, Inc. (A)		17,172		103,204
SeaSpine Holdings Corp. (A)		4,556		68,704
Senseonics Holdings, Inc. (A)(B)		26,499		64,923
SI-BONE, Inc. (A)		2,615		49,267
Sientra, Inc. (A)		7,387		63,380
STAAR Surgical Company (A)		12,583		430,213
Surmodics, Inc. (A)		3,758		163,398
Tactile Systems Technology, Inc. (A)		4,985		262,809
Tandem Diabetes Care, Inc. (A)		14,499		920,687
TransEnterix, Inc. (A)(B)		48,770		116,073
Utah Medical Products, Inc.		1,074		94,781
Varex Imaging Corp. (A)		10,961		371,359
ViewRay, Inc. (A)(B)		18,541		137,018
Wright Medical Group NV (A)		35,365		1,112,229
				20,815,190
Health care providers and services – 1.7%
Addus HomeCare Corp. (A)		2,776		176,526
Amedisys, Inc. (A)		7,599		936,653
American Renal Associates Holdings, Inc. (A)		4,314		26,488
AMN Healthcare Services, Inc. (A)		13,185		620,882
BioScrip, Inc. (A)		38,822		77,644
BioTelemetry, Inc. (A)		9,352		585,622
Brookdale Senior Living, Inc. (A)		54,103		355,998
Capital Senior Living Corp. (A)		8,637		34,462
Community Health Systems, Inc. (A)(B)		25,270		94,257
CorVel Corp. (A)		2,552		166,492
Cross Country Healthcare, Inc. (A)		10,621		74,666
Diplomat Pharmacy, Inc. (A)		16,704		97,050
Guardant Health, Inc. (A)(B)		4,145		317,922
HealthEquity, Inc. (A)		15,405		1,139,662
LHC Group, Inc. (A)		8,349		925,570
Magellan Health, Inc. (A)		6,952		458,276
National HealthCare Corp.		3,415		259,130
National Research Corp.		3,162		122,053
Owens & Minor, Inc.		18,204		74,636
Patterson Companies, Inc.		23,427		511,880
PetIQ, Inc. (A)		4,613		144,894
R1 RCM, Inc. (A)		29,277		283,109
RadNet, Inc. (A)		11,549		143,092
Select Medical Holdings Corp. (A)		31,021		437,086
Surgery Partners, Inc. (A)(B)		5,689		64,172
Tenet Healthcare Corp. (A)		23,858		688,065
The Ensign Group, Inc.		14,175		725,618
The Providence Service Corp. (A)		3,187		212,318
Tivity Health, Inc. (A)		13,805		242,416
Triple-S Management Corp., Class B (A)		6,303		143,834
US Physical Therapy, Inc.		3,536		371,386
				10,511,859
Health care technology – 1.1%
Allscripts Healthcare Solutions, Inc. (A)		49,939		476,418
Castlight Health, Inc., B Shares (A)		24,065		90,244
Computer Programs & Systems, Inc.		3,456		102,609
Evolent Health, Inc., Class A (A)		19,358		243,524
HealthStream, Inc. (A)		7,550		211,853
HMS Holdings Corp. (A)		23,597		698,707
Inovalon Holdings, Inc., Class A (A)(B)		19,767		245,704
Inspire Medical Systems, Inc. (A)		4,210		239,044

193

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Small Cap Index Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
Health care technology (continued)
Medidata Solutions, Inc. (A)		16,420	$	1,202,601
NextGen Healthcare, Inc. (A)		15,263		256,876
Omnicell, Inc. (A)		11,014		890,372
Simulations Plus, Inc.		3,426		72,323
Tabula Rasa HealthCare, Inc. (A)		5,062		285,598
Teladoc Health, Inc. (A)(B)		19,079		1,060,792
Vocera Communications, Inc. (A)		8,582		271,449
				6,348,114
Life sciences tools and services – 0.6%
Accelerate Diagnostics, Inc. (A)(B)		7,644		160,677
Cambrex Corp. (A)		9,631		374,164
ChromaDex Corp. (A)(B)		13,200		55,308
Codexis, Inc. (A)		14,551		298,732
Enzo Biochem, Inc. (A)		15,401		42,045
Fluidigm Corp. (A)		9,633		128,023
Harvard Bioscience, Inc. (A)		11,776		50,755
Luminex Corp.		11,747		270,298
Medpace Holdings, Inc. (A)		6,197		365,437
NanoString Technologies, Inc. (A)		7,465		178,637
NeoGenomics, Inc. (A)		23,424		479,255
Pacific Biosciences of California, Inc. (A)		39,452		285,238
Quanterix Corp. (A)		2,620		67,675
Syneos Health, Inc. (A)		17,735		917,964
				3,674,208
Pharmaceuticals – 1.9%
Aclaris Therapeutics, Inc. (A)		11,332		67,879
Aerie Pharmaceuticals, Inc. (A)		10,178		483,455
Akcea Therapeutics, Inc. (A)(B)		3,891		110,232
Akorn, Inc. (A)		27,579		97,078
Amneal Pharmaceuticals, Inc. (A)		25,114		355,865
Amphastar Pharmaceuticals, Inc. (A)		10,206		208,509
ANI Pharmaceuticals, Inc. (A)		2,350		165,769
Aratana Therapeutics, Inc. (A)		14,972		53,899
Arvinas, Inc. (A)		2,593		38,273
Assertio Therapeutics, Inc. (A)		18,159		92,066
Collegium Pharmaceutical, Inc. (A)		8,577		129,856
Corcept Therapeutics, Inc. (A)(B)		28,111		330,023
Corium International, Inc. (A)(B)(C)		8,600		1,548
Cymabay Therapeutics, Inc. (A)		17,189		228,270
Dermira, Inc. (A)		10,392		140,812
Durect Corp. (A)		56,377		35,286
Eloxx Pharmaceuticals, Inc. (A)		6,632		77,462
Endo International PLC (A)		64,066		514,450
Evolus, Inc. (A)(B)		2,744		61,932
Horizon Pharma PLC (A)		51,306		1,356,018
Innoviva, Inc. (A)		19,849		278,481
Intersect ENT, Inc. (A)		8,610		276,812
Intra-Cellular Therapies, Inc. (A)		13,318		162,213
Kala Pharmaceuticals, Inc. (A)		5,366		44,377
Lannett Company, Inc. (A)(B)		8,985		70,712
Liquidia Technologies, Inc. (A)		2,253		25,639
Mallinckrodt PLC (A)		23,508		511,064
Marinus Pharmaceuticals, Inc. (A)		14,676		61,346
MyoKardia, Inc. (A)		9,733		506,019
Neos Therapeutics, Inc. (A)		16,235		42,373
Ocular Therapeutix, Inc. (A)(B)		11,677		46,358
Odonate Therapeutics, Inc. (A)		2,327		51,450
Omeros Corp. (A)(B)		13,555		235,450
Optinose, Inc. (A)(B)		6,256		64,437
Pacira Pharmaceuticals, Inc. (A)		11,468		436,472
Paratek Pharmaceuticals, Inc. (A)(B)		10,591		56,768
Phibro Animal Health Corp., Class A		5,882		194,106
Prestige Consumer Healthcare, Inc. (A)		14,906		445,838
Reata Pharmaceuticals, Inc., Class A (A)		5,393		460,940

Small Cap Index Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
Pharmaceuticals (continued)
Revance Therapeutics, Inc. (A)		11,224	$	176,890
SIGA Technologies, Inc. (A)		15,264		91,737
Supernus Pharmaceuticals, Inc. (A)		14,031		491,646
The Medicines Company (A)(B)		19,783		552,935
TherapeuticsMD, Inc. (A)(B)		53,191		259,040
Theravance Biopharma, Inc. (A)(B)		12,605		285,755
Tricida, Inc. (A)		5,343		206,347
Verrica Pharmaceuticals, Inc. (A)		3,574		38,635
WaVe Life Sciences, Ltd. (A)(B)		5,853		227,389
Xeris Pharmaceuticals, Inc. (A)		6,323		63,483
Zogenix, Inc. (A)		12,014		660,890
				11,574,284
				92,435,747
Industrials – 14.0%
Aerospace and defense – 1.0%
AAR Corp.		9,400		305,594
Aerojet Rocketdyne Holdings, Inc. (A)		20,529		729,395
Aerovironment, Inc. (A)		6,035		412,854
Astronics Corp. (A)		6,174		202,013
Axon Enterprise, Inc. (A)		16,325		888,243
Cubic Corp.		8,901		500,592
Ducommun, Inc. (A)		3,083		134,172
Kratos Defense & Security Solutions, Inc. (A)		25,217		394,142
Maxar Technologies, Inc. (B)		17,597		70,740
Mercury Systems, Inc. (A)		13,372		856,878
Moog, Inc., Class A		9,092		790,549
National Presto Industries, Inc.		1,391		150,993
The KeyW Holding Corp. (A)(B)		14,368		123,852
Triumph Group, Inc.		13,989		266,630
Vectrus, Inc. (A)		3,383		89,954
Wesco Aircraft Holdings, Inc. (A)		15,650		137,564
				6,054,165
Air freight and logistics – 0.3%
Air Transport Services Group, Inc. (A)		16,705		385,050
Atlas Air Worldwide Holdings, Inc. (A)		6,735		340,522
Echo Global Logistics, Inc. (A)		8,140		201,709
Forward Air Corp.		8,168		528,715
Hub Group, Inc., Class A (A)		9,290		379,497
Radiant Logistics, Inc. (A)		11,625		73,238
				1,908,731
Airlines – 0.4%
Allegiant Travel Company		3,713		480,722
Hawaiian Holdings, Inc.		14,115		370,519
SkyWest, Inc.		14,598		792,525
Spirit Airlines, Inc. (A)		19,548		1,033,307
				2,677,073
Building products – 1.2%
AAON, Inc.		11,776		543,816
Advanced Drainage Systems, Inc.		10,182		262,390
American Woodmark Corp. (A)		4,039		333,743
Apogee Enterprises, Inc.		7,708		288,973
Armstrong Flooring, Inc. (A)		6,729		91,514
Builders FirstSource, Inc. (A)		32,489		433,403
Caesarstone, Ltd.		7,228		112,829
Continental Building Products, Inc. (A)		10,600		262,774
CSW Industrials, Inc. (A)		4,244		243,139
Gibraltar Industries, Inc. (A)		9,089		369,104
Griffon Corp.		10,171		187,960
Insteel Industries, Inc.		5,438		113,763
JELD-WEN Holding, Inc. (A)		19,651		347,037
Masonite International Corp. (A)		7,538		376,071
NCI Building Systems, Inc. (A)		12,599		77,610

194

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Small Cap Index Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
Building products (continued)
Patrick Industries, Inc. (A)		6,672	$	302,375
PGT Innovations, Inc. (A)		16,329		226,157
Quanex Building Products Corp.		9,851		156,532
Simpson Manufacturing Company, Inc.		11,745		696,126
Trex Company, Inc. (A)		16,751		1,030,522
Universal Forest Products, Inc.		17,082		510,581
				6,966,419
Commercial services and supplies – 2.4%
ABM Industries, Inc.		18,709		680,072
ACCO Brands Corp.		29,669		253,967
Advanced Disposal Services, Inc. (A)		20,554		575,512
Brady Corp., Class A		13,360		620,038
BrightView Holdings, Inc. (A)		8,692		125,165
Casella Waste Systems, Inc., Class A (A)		12,429		441,975
CECO Environmental Corp. (A)		9,429		67,889
Cimpress NV (A)		6,314		505,941
Covanta Holding Corp.		33,284		576,146
Deluxe Corp.		13,172		575,880
Ennis, Inc.		7,401		153,645
Healthcare Services Group, Inc.		21,196		699,256
Heritage-Crystal Clean, Inc. (A)		4,451		122,180
Herman Miller, Inc.		16,731		588,597
HNI Corp.		12,405		450,177
Interface, Inc.		17,176		263,136
Kimball International, Inc., Class B		10,674		150,930
Knoll, Inc.		13,959		263,965
LSC Communications, Inc.		10,156		66,319
Matthews International Corp., Class A		9,058		334,693
McGrath RentCorp		6,805		384,959
Mobile Mini, Inc.		12,777		433,651
MSA Safety, Inc.		9,651		997,913
Multi-Color Corp.		3,997		199,410
PICO Holdings, Inc. (A)		7,487		74,121
Pitney Bowes, Inc.		54,311		373,117
Quad/Graphics, Inc.		9,299		110,658
RR Donnelley & Sons Company		21,215		100,135
SP Plus Corp. (A)		6,564		223,964
Steelcase, Inc., Class A		24,186		351,906
Team, Inc. (A)		8,617		150,798
Tetra Tech, Inc.		15,726		937,112
The Brink’s Company		14,247		1,074,366
UniFirst Corp.		4,325		663,888
US Ecology, Inc.		6,331		354,409
Viad Corp.		5,687		320,121
VSE Corp.		2,651		83,719
				14,349,730
Construction and engineering – 1.0%
Aegion Corp. (A)		9,710		170,605
Ameresco, Inc., Class A (A)		5,680		91,902
Argan, Inc.		4,223		210,939
Comfort Systems USA, Inc.		10,412		545,485
Dycom Industries, Inc. (A)		8,702		399,770
EMCOR Group, Inc.		16,238		1,186,673
Granite Construction, Inc.		12,607		543,992
Great Lakes Dredge & Dock Corp. (A)		16,602		147,924
IES Holdings, Inc. (A)		2,812		49,969
KBR, Inc.		40,039		764,345
MasTec, Inc. (A)		18,005		866,041
MYR Group, Inc. (A)		4,853		168,059
Northwest Pipe Company (A)		2,936		70,464
NV5 Global, Inc. (A)		2,647		157,126
Primoris Services Corp.		12,085		249,918
Sterling Construction Company, Inc. (A)		8,105		101,475
Tutor Perini Corp. (A)		10,607		181,592

Small Cap Index Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
Construction and engineering (continued)
WillScot Corp. (A)		11,576	$	128,378
				6,034,657
Electrical equipment – 0.7%
Allied Motion Technologies, Inc.		2,053		70,582
Atkore International Group, Inc. (A)		11,071		238,359
AZZ, Inc.		7,470		305,747
Encore Wire Corp.		5,851		334,794
Energous Corp. (A)(B)		7,477		47,404
EnerSys		12,245		797,884
Enphase Energy, Inc. (A)(B)		24,593		226,993
Generac Holdings, Inc. (A)		17,171		879,670
Plug Power, Inc. (A)(B)		62,960		151,104
Powell Industries, Inc.		2,747		72,933
Preformed Line Products Company		1,011		53,674
Sunrun, Inc. (A)		27,329		384,246
Thermon Group Holdings, Inc. (A)		9,371		229,683
TPI Composites, Inc. (A)		4,206		120,376
Vicor Corp. (A)		5,042		156,403
Vivint Solar, Inc. (A)(B)		12,059		59,933
				4,129,785
Industrial conglomerates – 0.1%
Raven Industries, Inc.		10,191		391,029
Machinery – 3.6%
Actuant Corp., Class A		17,276		421,016
Alamo Group, Inc.		2,780		277,833
Albany International Corp., Class A		8,149		583,387
Altra Industrial Motion Corp.		17,192		533,812
Astec Industries, Inc.		6,638		250,651
Barnes Group, Inc.		13,521		695,115
Blue Bird Corp. (A)		4,564		77,269
Briggs & Stratton Corp.		11,999		141,948
Chart Industries, Inc. (A)		8,747		791,778
CIRCOR International, Inc. (A)		4,763		155,274
Columbus McKinnon Corp.		6,462		221,970
Commercial Vehicle Group, Inc. (A)		9,472		72,650
DMC Global, Inc.		4,079		202,482
Douglas Dynamics, Inc.		6,443		245,285
Energy Recovery, Inc. (A)(B)		10,733		93,699
EnPro Industries, Inc.		5,843		376,581
ESCO Technologies, Inc.		7,182		481,409
Evoqua Water Technologies Corp. (A)		21,995		276,697
Federal Signal Corp.		16,754		435,436
Franklin Electric Company, Inc.		13,168		672,753
Global Brass & Copper Holdings, Inc.		6,227		214,458
Graham Corp.		3,361		65,976
Harsco Corp. (A)		23,015		463,982
Hillenbrand, Inc.		17,759		737,531
Hurco Companies, Inc.		2,007		80,942
Hyster-Yale Materials Handling, Inc.		2,986		186,207
John Bean Technologies Corp.		8,887		816,626
Kadant, Inc.		3,047		268,014
Kennametal, Inc.		23,197		852,490
LB Foster Company, Class A (A)		3,414		64,251
Lindsay Corp.		3,037		293,951
Lydall, Inc. (A)		4,955		116,244
Manitex International, Inc. (A)		5,511		42,159
Meritor, Inc. (A)		22,672		461,375
Milacron Holdings Corp. (A)		19,890		225,155
Miller Industries, Inc.		3,131		96,591
Mueller Industries, Inc.		16,204		507,833
Mueller Water Products, Inc., Class A		44,095		442,714
Navistar International Corp. (A)		14,036		453,363
NN, Inc.		12,590		94,299
Omega Flex, Inc.		841		63,748

195

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Small Cap Index Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
Machinery (continued)
Park-Ohio Holdings Corp.		2,826	$	91,506
Proto Labs, Inc. (A)		7,687		808,211
RBC Bearings, Inc. (A)		6,744		857,634
REV Group, Inc. (B)		9,332		102,185
Rexnord Corp. (A)		29,648		745,351
Spartan Motors, Inc.		10,465		92,406
SPX Corp. (A)		12,065		419,741
SPX FLOW, Inc. (A)		12,024		383,566
Standex International Corp.		3,557		261,084
Sun Hydraulics Corp.		8,295		385,800
Tennant Company		5,087		315,852
The Gorman-Rupp Company		4,980		169,021
The Greenbrier Companies, Inc.		9,071		292,358
The Manitowoc Company, Inc. (A)		10,212		167,579
Titan International, Inc.		16,124		96,260
TriMas Corp. (A)		13,059		394,774
Twin Disc, Inc. (A)		3,281		54,629
Wabash National Corp.		15,379		208,385
Watts Water Technologies, Inc., Class A		7,855		634,841
Woodward, Inc.		15,185		1,440,905
				21,477,042
Marine – 0.1%
Costamare, Inc.		15,073		78,380
Eagle Bulk Shipping, Inc. (A)		14,186		65,965
Matson, Inc.		12,036		434,379
Scorpio Bulkers, Inc.		16,599		63,740
				642,464
Professional services – 1.5%
Acacia Research Corp. (A)		16,205		52,828
ASGN, Inc. (A)		14,408		914,764
Barrett Business Services, Inc.		2,073		160,305
BG Staffing, Inc.		2,548		55,648
CBIZ, Inc. (A)		14,384		291,132
CRA International, Inc.		2,322		117,354
Exponent, Inc.		14,605		843,001
Forrester Research, Inc.		3,015		145,775
Franklin Covey Company (A)		3,145		79,569
FTI Consulting, Inc. (A)		10,679		820,361
GP Strategies Corp. (A)		4,335		52,670
Heidrick & Struggles International, Inc.		5,357		205,334
Huron Consulting Group, Inc. (A)		6,262		295,692
ICF International, Inc.		5,065		385,345
InnerWorkings, Inc. (A)		14,172		51,303
Insperity, Inc.		10,853		1,342,082
Kelly Services, Inc., Class A		9,006		198,672
Kforce, Inc.		6,662		233,969
Korn Ferry		16,096		720,779
Mistras Group, Inc. (A)		5,857		80,885
Navigant Consulting, Inc.		12,042		234,458
Resources Connection, Inc.		8,745		144,642
TriNet Group, Inc. (A)		12,407		741,194
TrueBlue, Inc. (A)		11,471		271,174
Upwork, Inc. (A)		3,684		70,512
WageWorks, Inc. (A)		11,443		432,088
Willdan Group, Inc. (A)		2,823		104,649
				9,046,185
Road and rail – 0.5%
ArcBest Corp.		7,450		229,386
Avis Budget Group, Inc. (A)		18,608		648,675
Covenant Transportation Group, Inc., Class A (A)		3,733		70,852
Daseke, Inc. (A)		13,300		67,697
Heartland Express, Inc.		13,398		258,313
Hertz Global Holdings, Inc. (A)		15,682		272,396

Small Cap Index Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
Road and rail (continued)
Marten Transport, Ltd.		11,459	$	204,314
Saia, Inc. (A)		7,345		448,780
U.S. Xpress Enterprises, Inc., Class A (A)		7,228		47,777
Universal Logistics Holdings, Inc.		2,510		49,397
USA Truck, Inc. (A)		2,794		40,345
Werner Enterprises, Inc.		13,122		448,116
YRC Worldwide, Inc. (A)		10,032		67,114
				2,853,162
Trading companies and distributors – 1.2%
Aircastle, Ltd.		15,260		308,862
Applied Industrial Technologies, Inc.		10,851		645,309
Beacon Roofing Supply, Inc. (A)		19,520		627,763
BlueLinx Holdings, Inc. (A)(B)		2,640		70,330
BMC Stock Holdings, Inc. (A)		19,417		343,098
CAI International, Inc. (A)		4,928		114,330
DXP Enterprises, Inc. (A)		4,696		182,768
EVI Industries, Inc. (B)		1,164		44,383
Foundation Building Materials, Inc. (A)		4,837		47,596
GATX Corp.		10,629		811,737
GMS, Inc. (A)		9,548		144,366
H&E Equipment Services, Inc.		9,173		230,334
Herc Holdings, Inc. (A)		6,928		270,053
Kaman Corp.		7,804		456,066
Lawson Products, Inc. (A)		2,147		67,330
MRC Global, Inc. (A)		23,932		418,331
NOW, Inc. (A)		30,722		428,879
Rush Enterprises, Inc., Class A		8,033		335,860
Rush Enterprises, Inc., Class B		1,785		74,131
SiteOne Landscape Supply, Inc. (A)		11,578		661,683
Systemax, Inc.		3,621		81,979
Textainer Group Holdings, Ltd. (A)		7,828		75,540
Titan Machinery, Inc. (A)		5,533		86,093
Triton International, Ltd.		14,629		454,962
Univar, Inc. (A)		3,007		66,635
Veritiv Corp. (A)		3,366		88,593
Willis Lease Finance Corp. (A)		994		42,136
				7,179,147
				83,709,589
Information technology – 15.1%
Communications equipment – 1.6%
Acacia Communications, Inc. (A)		7,805		447,617
ADTRAN, Inc.		13,824		189,389
Aerohive Networks, Inc. (A)		11,193		50,704
Applied Optoelectronics, Inc. (A)(B)		5,610		68,442
CalAmp Corp. (A)		10,084		126,857
Calix, Inc. (A)		13,140		101,178
Casa Systems, Inc. (A)		8,174		67,844
Ciena Corp. (A)		40,593		1,515,743
Clearfield, Inc. (A)		3,878		57,007
Comtech Telecommunications Corp.		6,835		158,709
Digi International, Inc. (A)		8,274		104,832
Extreme Networks, Inc. (A)		33,311		249,499
Finisar Corp. (A)		33,281		771,121
Harmonic, Inc. (A)		24,938		135,164
Infinera Corp. (A)		44,028		191,082
InterDigital, Inc.		9,577		631,890
KVH Industries, Inc. (A)		5,658		57,655
Lumentum Holdings, Inc. (A)		21,628		1,222,847
NETGEAR, Inc. (A)		8,973		297,186
NetScout Systems, Inc. (A)		21,446		601,989
Plantronics, Inc.		9,443		435,417
Quantenna Communications, Inc. (A)		9,965		242,448
Ribbon Communications, Inc. (A)		16,101		82,920

196

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Small Cap Index Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
Communications equipment (continued)
ViaSat, Inc. (A)		15,734	$	1,219,385
Viavi Solutions, Inc. (A)		64,644		800,293
				9,827,218
Electronic equipment, instruments and components – 2.5%
Anixter International, Inc. (A)		8,426		472,783
Arlo Technologies, Inc. (A)		22,068		91,141
AVX Corp.		13,097		227,102
Badger Meter, Inc.		8,079		449,516
Bel Fuse, Inc., Class B		3,036		76,750
Belden, Inc.		11,516		618,409
Benchmark Electronics, Inc.		12,505		328,256
Control4 Corp. (A)		7,709		130,513
CTS Corp.		9,215		270,645
Daktronics, Inc.		11,208		83,500
ePlus, Inc. (A)		3,815		337,780
Fabrinet (A)		10,117		529,726
FARO Technologies, Inc. (A)		4,991		219,155
Fitbit, Inc., Class A (A)		61,096		361,688
II-VI, Inc. (A)		17,852		664,808
Insight Enterprises, Inc. (A)		9,992		550,160
Itron, Inc. (A)		9,736		454,184
KEMET Corp.		16,020		271,859
Kimball Electronics, Inc. (A)		7,561		117,120
Knowles Corp. (A)		24,631		434,245
Maxwell Technologies, Inc. (A)(B)		13,081		58,472
Mesa Laboratories, Inc.		950		218,975
Methode Electronics, Inc.		10,426		300,060
MTS Systems Corp.		5,070		276,112
Napco Security Technologies, Inc. (A)		3,527		73,150
nLight, Inc. (A)(B)		6,602		147,093
Novanta, Inc. (A)		9,265		785,023
OSI Systems, Inc. (A)		4,788		419,429
PAR Technology Corp. (A)		3,266		79,886
Park Electrochemical Corp.		5,616		88,171
PC Connection, Inc.		3,251		119,214
Plexus Corp. (A)		8,710		530,875
Rogers Corp. (A)		5,219		829,195
Sanmina Corp. (A)		19,260		555,651
ScanSource, Inc. (A)		7,187		257,438
SYNNEX Corp.		11,800		1,125,602
Tech Data Corp. (A)		10,587		1,084,215
TTM Technologies, Inc. (A)		27,190		318,939
Vishay Intertechnology, Inc.		37,423		691,203
Vishay Precision Group, Inc. (A)		2,988		102,219
				14,750,262
IT services – 2.1%
Brightcove, Inc. (A)		10,819		90,988
CACI International, Inc., Class A (A)		6,949		1,264,857
Carbonite, Inc. (A)		9,351		231,998
Cardtronics PLC, Class A (A)		11,326		402,979
Cass Information Systems, Inc.		4,150		196,295
CSG Systems International, Inc.		9,332		394,744
Endurance International Group Holdings, Inc. (A)		20,308		147,233
Everi Holdings, Inc. (A)		19,627		206,476
EVERTEC, Inc.		17,156		477,108
Evo Payments, Inc., Class A (A)		7,157		207,911
Exela Technologies, Inc. (A)		15,413		51,479
ExlService Holdings, Inc. (A)		9,517		571,210
GTT Communications, Inc. (A)(B)		12,156		421,813
I3 Verticals, Inc., Class A (A)		2,794		67,112
Information Services Group, Inc. (A)		12,254		45,707
Internap Corp. (A)(B)		8,401		41,669
Limelight Networks, Inc. (A)		33,238		107,359
LiveRamp Holdings, Inc. (A)		19,226		1,049,163

Small Cap Index Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
IT services (continued)
ManTech International Corp., Class A		7,458	$	402,881
MAXIMUS, Inc.		18,100		1,284,738
NIC, Inc.		18,331		313,277
Perficient, Inc. (A)		9,187		251,632
Perspecta, Inc.		40,344		815,756
Presidio, Inc.		11,807		174,744
PRGX Global, Inc. (A)		6,886		54,537
Science Applications International Corp.		14,361		1,105,079
Sykes Enterprises, Inc. (A)		11,259		318,405
The Hackett Group, Inc.		7,081		111,880
Travelport Worldwide, Ltd.		35,690		561,404
TTEC Holdings, Inc.		4,156		150,572
Tucows, Inc., Class A (A)		2,712		220,160
Unisys Corp. (A)(B)		14,222		165,971
Virtusa Corp. (A)		8,093		432,571
				12,339,708
Semiconductors and semiconductor equipment – 2.8%
ACM Research, Inc., Class A (A)		2,504		38,637
Adesto Technologies Corp. (A)		7,873		47,632
Advanced Energy Industries, Inc. (A)		11,007		546,828
Alpha & Omega Semiconductor, Ltd. (A)		6,130		70,556
Ambarella, Inc. (A)(B)		8,799		380,117
Amkor Technology, Inc. (A)		28,998		247,643
Aquantia Corp. (A)		7,308		66,210
Axcelis Technologies, Inc. (A)		9,333		187,780
AXT, Inc. (A)		11,857		52,764
Brooks Automation, Inc.		19,700		577,801
Cabot Microelectronics Corp.		8,054		901,726
CEVA, Inc. (A)		6,398		172,490
Cirrus Logic, Inc. (A)		16,830		708,038
Cohu, Inc.		11,475		169,256
Cree, Inc. (A)		29,345		1,679,121
Diodes, Inc. (A)		11,472		398,078
Entegris, Inc.		40,280		1,437,593
FormFactor, Inc. (A)		21,061		338,871
Ichor Holdings, Ltd. (A)(B)		6,345		143,270
Impinj, Inc. (A)		4,718		79,050
Inphi Corp. (A)		12,328		539,227
Integrated Device Technology, Inc. (A)		36,731		1,799,452
Lattice Semiconductor Corp. (A)		33,360		397,985
MACOM Technology Solutions Holdings, Inc. (A)		13,176		220,171
MaxLinear, Inc. (A)		18,083		461,659
Nanometrics, Inc. (A)		6,520		201,338
NeoPhotonics Corp. (A)		10,206		64,196
NVE Corp.		1,374		134,501
PDF Solutions, Inc. (A)		8,459		104,469
Photronics, Inc. (A)		18,677		176,498
Power Integrations, Inc.		8,148		569,871
Rambus, Inc. (A)		30,148		315,047
Rudolph Technologies, Inc. (A)		9,001		205,223
Semtech Corp. (A)		18,434		938,475
Sigma Designs, Inc. (A)		12,003		1,926
Silicon Laboratories, Inc. (A)		12,213		987,543
SMART Global Holdings, Inc. (A)		3,671		70,483
SunPower Corp. (A)(B)		18,162		118,235
Synaptics, Inc. (A)		9,947		395,393
Ultra Clean Holdings, Inc. (A)		11,009		113,943
Veeco Instruments, Inc. (A)		14,044		152,237
Xperi Corp.		13,792		322,733
				16,534,066
Software – 5.8%
8x8, Inc. (A)		26,666		538,653
A10 Networks, Inc. (A)		15,701		111,320
ACI Worldwide, Inc. (A)		32,569		1,070,543

197

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Small Cap Index Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
Software (continued)
Agilysys, Inc. (A)		4,619	$	97,784
Alarm.com Holdings, Inc. (A)		8,917		578,713
Altair Engineering, Inc., Class A (A)		7,098		261,277
Alteryx, Inc., Class A (A)		8,287		695,031
Amber Road, Inc. (A)		8,095		70,184
American Software, Inc., Class A		8,749		104,551
Anaplan, Inc. (A)		5,146		202,547
Appfolio, Inc., Class A (A)		4,409		350,075
Avalara, Inc. (A)		7,884		439,848
Avaya Holdings Corp. (A)		29,632		498,707
Benefitfocus, Inc. (A)		8,060		399,131
Blackbaud, Inc.		13,765		1,097,483
Blackline, Inc. (A)		10,469		484,924
Bottomline Technologies DE, Inc. (A)		12,050		603,585
Box, Inc., Class A (A)		35,974		694,658
Carbon Black, Inc. (A)		11,170		155,822
ChannelAdvisor Corp. (A)		7,588		92,422
Cision, Ltd. (A)		19,273		265,389
Cloudera, Inc. (A)		57,489		628,930
CommVault Systems, Inc. (A)		11,347		734,605
Cornerstone OnDemand, Inc. (A)		15,489		848,487
Coupa Software, Inc. (A)		15,868		1,443,671
Digimarc Corp. (A)(B)		3,417		107,225
Domo, Inc., Class B (A)(B)		4,841		195,238
Ebix, Inc. (B)		6,918		341,542
eGain Corp. (A)		5,433		56,775
Ellie Mae, Inc. (A)		9,852		972,294
Envestnet, Inc. (A)		12,703		830,649
Everbridge, Inc. (A)		8,283		621,308
Five9, Inc. (A)		16,278		859,967
ForeScout Technologies, Inc. (A)		8,749		366,671
HubSpot, Inc. (A)		10,510		1,746,867
Instructure, Inc. (A)		8,995		423,844
j2 Global, Inc.		13,289		1,150,827
LivePerson, Inc. (A)		16,851		489,016
MicroStrategy, Inc., Class A (A)		2,430		350,528
Mitek Systems, Inc. (A)		9,704		118,777
MobileIron, Inc. (A)		22,905		125,290
Model N, Inc. (A)		7,595		133,216
Monotype Imaging Holdings, Inc.		12,014		238,958
New Relic, Inc. (A)		12,819		1,265,235
OneSpan, Inc. (A)		9,055		174,037
Paylocity Holding Corp. (A)		8,246		735,461
Progress Software Corp.		12,792		567,581
PROS Holdings, Inc. (A)		9,034		381,596
Q2 Holdings, Inc. (A)		10,584		733,048
QAD, Inc., Class A		3,089		133,043
Qualys, Inc. (A)		9,721		804,316
Rapid7, Inc. (A)		10,509		531,860
SailPoint Technologies Holding, Inc. (A)		19,789		568,340
SecureWorks Corp., Class A (A)(B)		2,517		46,313
ShotSpotter, Inc. (A)		2,135		82,411
SPS Commerce, Inc. (A)		4,907		520,436
SVMK, Inc. (A)		5,206		94,801
Telaria, Inc. (A)		13,345		84,607
Telenav, Inc. (A)		10,601		64,348
Tenable Holdings, Inc. (A)		8,548		270,630
The Trade Desk, Inc., Class A (A)		9,475		1,875,576
TiVo Corp.		34,961		325,837
Upland Software, Inc. (A)		4,570		193,585
Varonis Systems, Inc. (A)		8,059		480,558
Verint Systems, Inc. (A)		18,296		1,095,199
VirnetX Holding Corp. (A)(B)		16,812		106,420
Workiva, Inc. (A)		8,222		416,855
Yext, Inc. (A)		24,310		531,417

Small Cap Index Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
Software (continued)
Zix Corp. (A)		15,359	$	105,670
Zscaler, Inc. (A)		17,266		1,224,677
				35,011,189
Technology hardware, storage and peripherals – 0.3%
3D Systems Corp. (A)(B)		31,185		335,551
Avid Technology, Inc. (A)		8,805		65,597
Cray, Inc. (A)		11,560		301,138
Diebold Nixdorf, Inc. (A)(B)		22,115		244,813
Electronics For Imaging, Inc. (A)		12,622		339,532
Immersion Corp. (A)		8,218		69,278
Stratasys, Ltd. (A)		14,526		346,009
USA Technologies, Inc. (A)(B)		17,096		70,948
				1,772,866
				90,235,309
Materials – 3.7%
Chemicals – 2.0%
A. Schulman, Inc. (A)(C)		7,553		3,270
Advanced Emissions Solutions, Inc.		5,809		67,152
AdvanSix, Inc. (A)		8,583		245,216
American Vanguard Corp.		8,529		146,869
Amyris, Inc. (A)(B)		11,164		23,333
Balchem Corp.		9,159		849,955
Chase Corp.		2,073		191,835
Ferro Corp. (A)		23,654		447,770
Flotek Industries, Inc. (A)(B)		17,313		56,094
FutureFuel Corp.		7,408		99,267
GCP Applied Technologies, Inc. (A)		20,476		606,090
Hawkins, Inc.		2,837		104,487
HB Fuller Company		14,360		698,470
Ingevity Corp. (A)		12,004		1,267,742
Innophos Holdings, Inc.		5,669		170,864
Innospec, Inc.		6,895		574,698
Intrepid Potash, Inc. (A)		28,097		106,488
Koppers Holdings, Inc. (A)		5,840		151,723
Kraton Corp. (A)		8,871		285,469
Kronos Worldwide, Inc.		6,865		96,247
Livent Corp. (A)		42,620		523,374
LSB Industries, Inc. (A)		7,055		44,023
Minerals Technologies, Inc.		10,115		594,661
OMNOVA Solutions, Inc. (A)		13,243		92,966
PolyOne Corp.		22,838		669,382
PQ Group Holdings, Inc. (A)		10,598		160,772
Quaker Chemical Corp.		3,697		740,620
Rayonier Advanced Materials, Inc.		14,679		199,047
Sensient Technologies Corp.		12,050		816,870
Stepan Company		5,744		502,715
Trecora Resources (A)		5,905		53,676
Tredegar Corp.		7,649		123,455
Trinseo SA		12,177		551,618
Tronox Holdings PLC, Class A		26,843		352,985
				11,619,203
Construction materials – 0.1%
Summit Materials, Inc., Class A (A)		32,193		510,903
U.S. Concrete, Inc. (A)(B)		4,647		192,479
United States Lime & Minerals, Inc.		558		43,033
				746,415
Containers and packaging – 0.1%
Greif, Inc., Class A		7,329		302,321
Greif, Inc., Class B		1,587		77,588
Myers Industries, Inc.		10,365		177,345
UFP Technologies, Inc. (A)		2,136		79,886
				637,140

198

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Small Cap Index Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
Metals and mining – 1.1%
AK Steel Holding Corp. (A)(B)		91,284	$	251,031
Allegheny Technologies, Inc. (A)		35,761		914,409
Carpenter Technology Corp.		13,320		610,722
Century Aluminum Company (A)		14,952		132,774
Cleveland-Cliffs, Inc. (B)		83,070		829,869
Coeur Mining, Inc. (A)		53,568		218,557
Commercial Metals Company		33,133		565,912
Compass Minerals International, Inc.		9,736		529,346
Gold Resource Corp.		16,208		63,697
Havilah Mining Corp. (A)		5,045		1,085
Haynes International, Inc.		3,602		118,254
Hecla Mining Company		129,578		298,029
Kaiser Aluminum Corp.		4,567		478,302
Materion Corp.		5,698		325,128
Olympic Steel, Inc.		2,825		44,833
Ryerson Holding Corp. (A)		5,118		43,810
Schnitzer Steel Industries, Inc., Class A		7,468		179,232
SunCoke Energy, Inc. (A)		18,804		159,646
Synalloy Corp.		2,880		43,776
TimkenSteel Corp. (A)		11,798		128,126
Universal Stainless & Alloy Products, Inc. (A)		2,786		46,164
Warrior Met Coal, Inc.		12,076		367,110
Worthington Industries, Inc.		11,592		432,613
				6,782,425
Paper and forest products – 0.4%
Boise Cascade Company		11,178		299,123
Clearwater Paper Corp. (A)		4,803		93,562
Louisiana-Pacific Corp.		40,181		979,613
Neenah, Inc.		4,813		309,765
PH Glatfelter Company		13,029		183,969
Schweitzer-Mauduit International, Inc.		8,765		339,381
Verso Corp., Class A (A)		9,853		211,051
				2,416,464
				22,201,647
Real estate – 7.3%
Equity real estate investment trusts – 6.7%
Acadia Realty Trust		22,977		626,583
Agree Realty Corp.		9,386		650,825
Alexander & Baldwin, Inc. (A)		19,758		502,644
Alexander’s, Inc.		626		235,482
American Assets Trust, Inc.		10,914		500,516
Americold Realty Trust		35,773		1,091,434
Armada Hoffler Properties, Inc.		14,252		222,189
Ashford Hospitality Trust, Inc.		27,807		132,083
Bluerock Residential Growth REIT, Inc.		8,235		88,773
Braemar Hotels & Resorts, Inc.		8,755		106,899
BRT Apartments Corp.		3,867		53,674
CareTrust REIT, Inc.		23,779		557,855
CatchMark Timber Trust, Inc., Class A		15,171		148,979
CBL & Associates Properties, Inc.		53,007		82,161
Cedar Realty Trust, Inc.		28,969		98,495
Chatham Lodging Trust		13,085		251,755
Chesapeake Lodging Trust		17,058		474,383
City Office REIT, Inc.		12,433		140,617
Clipper Realty, Inc.		4,961		66,428
Community Healthcare Trust, Inc.		5,220		187,346
CoreCivic, Inc.		33,866		658,694
CorEnergy Infrastructure Trust, Inc.		3,646		133,991
CorePoint Lodging, Inc.		11,961		133,604
Cousins Properties, Inc.		118,584		1,145,521
DiamondRock Hospitality Company		58,729		636,035
Easterly Government Properties, Inc.		17,531		315,733
EastGroup Properties, Inc.		9,864		1,101,217

Small Cap Index Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
Equity real estate investment trusts (continued)
Essential Properties Realty Trust, Inc.		10,374	$	202,500
Farmland Partners, Inc.		10,235		65,504
First Industrial Realty Trust, Inc.		35,066		1,239,934
Four Corners Property Trust, Inc.		19,229		569,178
Franklin Street Properties Corp.		30,790		221,380
Front Yard Residential Corp.		14,763		136,853
Getty Realty Corp.		9,049		289,839
Gladstone Commercial Corp.		8,808		182,942
Gladstone Land Corp.		5,410		68,437
Global Medical REIT, Inc.		7,384		72,511
Global Net Lease, Inc.		21,560		407,484
Hannon Armstrong Sustainable Infrastructure Capital, Inc.		16,773		430,060
Healthcare Realty Trust, Inc.		35,087		1,126,644
Hersha Hospitality Trust		10,441		178,959
Independence Realty Trust, Inc.		25,461		274,724
Industrial Logistics Properties Trust		18,480		372,742
InfraREIT, Inc.		5,079		106,507
Innovative Industrial Properties, Inc.		2,627		214,600
Investors Real Estate Trust		3,475		208,187
iStar, Inc.		19,265		162,211
Jernigan Capital, Inc.		5,794		121,906
Kite Realty Group Trust		23,827		380,994
Lexington Realty Trust		60,445		547,632
LTC Properties, Inc.		11,274		516,349
Mack-Cali Realty Corp.		26,031		577,888
MedEquities Realty Trust, Inc.		8,659		96,375
Monmouth Real Estate Investment Corp.		25,562		336,907
National Health Investors, Inc.		11,546		906,938
National Storage Affiliates Trust		16,213		462,233
New Senior Investment Group, Inc.		23,871		130,097
NexPoint Residential Trust, Inc.		5,356		205,349
NorthStar Realty Europe Corp.		12,759		221,496
Office Properties Income Trust		13,837		382,455
One Liberty Properties, Inc.		4,709		136,561
Pebblebrook Hotel Trust		36,855		1,144,716
Pennsylvania Real Estate Investment Trust		21,581		135,744
Physicians Realty Trust		51,790		974,170
Piedmont Office Realty Trust, Inc., Class A		35,410		738,299
PotlatchDeltic Corp.		19,135		723,112
Preferred Apartment Communities, Inc., Class A		12,193		180,700
PS Business Parks, Inc.		5,538		868,525
QTS Realty Trust, Inc., Class A		14,437		649,521
Retail Opportunity Investments Corp.		32,454		562,752
Rexford Industrial Realty, Inc.		26,057		933,101
RLJ Lodging Trust		49,348		867,044
RPT Realty		22,659		272,135
Ryman Hospitality Properties, Inc.		12,625		1,038,280
Sabra Health Care REIT, Inc.		50,712		987,363
Safehold, Inc.		2,743		59,825
Saul Centers, Inc.		3,466		178,048
Seritage Growth Properties, Class A		9,268		411,870
Spirit MTA REIT		13,310		86,382
STAG Industrial, Inc.		27,732		822,254
Summit Hotel Properties, Inc.		30,292		345,632
Sunstone Hotel Investors, Inc.		64,418		927,619
Tanger Factory Outlet Centers, Inc.		26,074		547,033
Terreno Realty Corp.		17,054		716,950
The GEO Group, Inc.		34,314		658,829
Tier REIT, Inc.		15,182		435,116
UMH Properties, Inc.		10,437		146,953
Universal Health Realty Income Trust		3,672		278,007

199

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (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)
Urban Edge Properties		31,460	$	597,740
Urstadt Biddle Properties, Inc., Class A		8,715		179,878
Washington Prime Group, Inc.		54,135		305,863
Washington Real Estate Investment Trust		22,934		650,867
Whitestone REIT		11,335		136,247
Xenia Hotels & Resorts, Inc.		32,267		706,970
				40,165,837
Real estate management and development – 0.6%
Altisource Portfolio Solutions SA (A)(B)		2,851		67,483
Consolidated-Tomoka Land Company		1,323		78,123
Cushman & Wakefield PLC (A)		13,540		241,012
Forestar Group, Inc. (A)		3,427		59,253
FRP Holdings, Inc. (A)		2,217		105,463
HFF, Inc., Class A		10,734		512,549
Kennedy-Wilson Holdings, Inc.		35,851		766,853
Marcus & Millichap, Inc. (A)		5,422		220,838
Newmark Group, Inc., Class A		43,309		361,197
RE/MAX Holdings, Inc., Class A		5,178		199,560
Redfin Corp. (A)(B)		22,899		464,163
Tejon Ranch Company (A)		6,682		117,603
The RMR Group, Inc., Class A		1,997		121,777
The St. Joe Company (A)		10,320		170,177
				3,486,051
				43,651,888
Utilities – 3.6%
Electric utilities – 1.2%
ALLETE, Inc.		14,597		1,200,311
El Paso Electric Company		11,612		683,018
IDACORP, Inc.		14,291		1,422,526
MGE Energy, Inc.		10,139		689,148
Otter Tail Corp.		11,339		564,909
PNM Resources, Inc.		22,618		1,070,736
Portland General Electric Company		25,217		1,307,249
				6,937,897
Gas utilities – 1.1%
Chesapeake Utilities Corp.		4,474		408,074
New Jersey Resources Corp.		24,581		1,223,888
Northwest Natural Holding Company		8,218		539,347
ONE Gas, Inc.		14,694		1,308,207
RGC Resources, Inc.		2,445		64,817
South Jersey Industries, Inc.		26,455		848,412
Southwest Gas Holdings, Inc.		14,946		1,229,458
Spire, Inc.		13,780		1,133,956
				6,756,159
Independent power and renewable electricity producers – 0.3%
Atlantic Power Corp. (A)		36,580		92,182
Clearway Energy, Inc., Class A		11,398		165,727
Clearway Energy, Inc., Class C		19,805		299,254
Ormat Technologies, Inc.		11,488		633,563
Pattern Energy Group, Inc., Class A		23,440		515,680
TerraForm Power, Inc., Class A		20,963		288,032
				1,994,438
Multi-utilities – 0.5%
Avista Corp.		18,698		759,513
Black Hills Corp.		15,098		1,118,309
NorthWestern Corp.		14,292		1,006,300
Unitil Corp.		4,276		231,631
				3,115,753
Water utilities – 0.5%
American States Water Company		10,362		738,811
AquaVenture Holdings, Ltd. (A)		3,593		69,525

Small Cap Index Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
Water utilities (continued)
Artesian Resources Corp., Class A		2,813	$	104,841
Cadiz, Inc. (A)(B)		7,959		77,043
California Water Service Group		13,704		743,853
Connecticut Water Service, Inc.		3,499		240,206
Consolidated Water Company, Ltd.		5,617		72,291
Middlesex Water Company		4,608		258,002
SJW Group		6,810		420,449
The York Water Company		3,985		136,765
				2,861,786
				21,666,033
TOTAL COMMON STOCKS (Cost $459,086,421)			$	578,975,311
PREFERRED SECURITIES – 0.0%
Communication services – 0.0%
Media – 0.0%
GCI Liberty, Inc., 7.000% (B)		1,451		35,593
TOTAL PREFERRED SECURITIES (Cost $7,218)			$	35,593
RIGHTS – 0.0%
Pan American Silver Corp. (Expiration Date: 2-22-29) (A)(C)(D)		88,114		22,716
TOTAL RIGHTS (Cost $26,845)			$	22,716
SECURITIES LENDING COLLATERAL – 4.7%
John Hancock Collateral Trust, 2.6031% (E)(F)		2,832,252		28,341,779
TOTAL SECURITIES LENDING COLLATERAL (Cost $28,339,879)			$	28,341,779
SHORT-TERM INVESTMENTS – 3.2%
U.S. Government Agency – 3.0%
Federal Home Loan Bank Discount Note
2.400%, 04/15/2019 *	$	8,000,000		7,992,471
2.410%, 06/12/2019 *		10,000,000		9,951,600
				17,944,071
Repurchase agreement – 0.2%
Repurchase Agreement with State Street Corp. dated 3-29-19 at 1.300% to be repurchased at $1,220,132 on 4-1-19, collateralized by $1,275,000 U.S. Treasury Notes, 1.125% due 9-30-21 (valued at $1,249,220, including interest)		1,220,000		1,220,000
TOTAL SHORT-TERM INVESTMENTS (Cost $19,164,333)			$	19,164,071
Total Investments (Small Cap Index Trust) (Cost $506,624,696) – 104.5%			$	626,539,470
Other assets and liabilities, net – (4.5%)				(27,226,923	)
TOTAL NET ASSETS – 100.0%			$	599,312,547

Security Abbreviations and Legend
(A)	Non-income producing security.
(B)	All or a portion of this security is on loan as of 3-31-19. The value of securities on loan amounted to $27,491,425.
(C)	Security is valued using significant unobservable inputs and is classified as Level 3 in the fair value hierarchy.
(D)	Strike price and/or expiration date not available.
(E)	The rate shown is the annualized seven-day yield as of 3-31-19.
(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.

200

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Small Cap Index Trust (continued)

DERIVATIVES

FUTURES

Open contracts	Number of contracts		Position		Expiration date		Notional basis^		Notional value^		Unrealized appreciation (depreciation)
Russell 2000 E-Mini Index Futures		280		Long		Jun 2019	$	21,486,496	$	21,613,200	$	126,704
											$	126,704

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

See Notes to Portfolio of Investments regarding investment transactions and other derivatives information.

Small Cap Opportunities Trust
	Shares or Principal Amount		Value
COMMON STOCKS – 99.1%
Communication services – 2.4%
Diversified telecommunication services – 0.3%
ATN International, Inc.		1,524	$	85,938
Cincinnati Bell, Inc. (A)		1,172		11,181
Consolidated Communications Holdings, Inc.		2,508		27,362
Frontier Communications Corp. (A)(B)		7,744		15,411
Iridium Communications, Inc. (A)		9,684		256,045
				395,937
Entertainment – 0.4%
AMC Entertainment Holdings, Inc., Class A (B)		4,473		66,424
Ballantyne Strong, Inc. (A)		1,114		1,950
Cinemark Holdings, Inc.		2,122		84,859
IMAX Corp. (A)		2,820		63,958
Lions Gate Entertainment Corp., Class A		4,062		63,530
Lions Gate Entertainment Corp., Class B		5,798		87,550
Reading International, Inc., Class A (A)		1,100		17,556
The Marcus Corp.		2,916		116,786
				502,613
Interactive media and services – 0.2%
Cars.com, Inc. (A)		6,379		145,441
DHI Group, Inc. (A)		5,212		12,665
Liberty TripAdvisor Holdings, Inc., Class A (A)		4,522		64,167
The Meet Group, Inc. (A)		2,642		13,289
Yelp, Inc. (A)		535		18,458
				254,020
Media – 1.2%
A.H. Belo Corp., Class A		4,238		15,765
Beasley Broadcast Group, Inc., Class A		502		1,998
Entercom Communications Corp., Class A		1,442		7,571
Entravision Communications Corp., Class A		5,075		16,443
Gannett Company, Inc.		8,543		90,043
Gray Television, Inc. (A)		7,587		162,058
Hemisphere Media Group, Inc. (A)		951		13,409
John Wiley & Sons, Inc., Class A		1,759		77,783
Liberty Latin America, Ltd., Class A (A)		2,622		50,709
Liberty Latin America, Ltd., Class C (A)		4,396		85,502
Media General, Inc. (A)(C)		292		28
Meredith Corp. (B)		3,097		171,140
New Media Investment Group, Inc.		2,560		26,880
News Corp., Class A		19,791		246,200
News Corp., Class B		9,453		118,068
Nexstar Media Group, Inc., Class A		2,002		216,957
Salem Media Group, Inc.		4,439		11,342
Scholastic Corp.		2,233		88,784
Sinclair Broadcast Group, Inc., Class A		1,839		70,765

Small Cap Opportunities Trust (continued)
	Shares or Principal Amount		Value
COMMON STOCKS (continued)
Media (continued)
TEGNA, Inc.		5,626	$	79,327
The EW Scripps Company, Class A		5,843		122,703
Tribune Media Company, Class A		1,811		83,560
				1,757,035
Wireless telecommunication services – 0.3%
Spok Holdings, Inc.		3,863		52,614
Telephone & Data Systems, Inc.		9,768		300,171
United States Cellular Corp. (A)		3,059		140,439
				493,224
				3,402,829
Consumer discretionary – 14.0%
Auto components – 1.8%
Adient PLC		3,307		42,859
American Axle & Manufacturing Holdings, Inc. (A)		7,509		107,454
BorgWarner, Inc.		5,384		206,799
Cooper Tire & Rubber Company		5,058		151,184
Cooper-Standard Holdings, Inc. (A)		1,311		61,565
Dana, Inc.		3,541		62,817
Fox Factory Holding Corp. (A)		12,606		881,033
Gentex Corp.		10,802		223,385
Gentherm, Inc. (A)		1,190		43,863
Horizon Global Corp. (A)		878		1,703
Modine Manufacturing Company (A)		6,862		95,176
Motorcar Parts of America, Inc. (A)		1,585		29,909
Shiloh Industries, Inc. (A)		1,515		8,333
Standard Motor Products, Inc.		3,063		150,393
Stoneridge, Inc. (A)		1,672		48,254
Strattec Security Corp.		924		27,147
Superior Industries International, Inc.		3,067		14,599
Tenneco, Inc., Class A		905		20,055
The Goodyear Tire & Rubber Company		14,684		266,515
Tower International, Inc.		1,403		29,505
VOXX International Corp. (A)		3,131		14,465
				2,487,013
Automobiles – 0.1%
Harley-Davidson, Inc.		1,902		67,825
Thor Industries, Inc.		1,297		80,894
Winnebago Industries, Inc.		1,336		41,616
				190,335
Distributors – 0.4%
Core-Mark Holding Company, Inc.		1,227		45,559
Pool Corp.		2,695		444,594
Weyco Group, Inc.		1,316		40,743
				530,896
Diversified consumer services – 1.6%
Adtalem Global Education, Inc. (A)		5,378		249,109
American Public Education, Inc. (A)		1,450		43,674

201

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Small Cap Opportunities Trust (continued)
	Shares or Principal Amount		Value
COMMON STOCKS (continued)
Diversified consumer services (continued)
Bridgepoint Education, Inc. (A)		3,463	$	21,159
Career Education Corp. (A)		3,146		51,972
Carriage Services, Inc.		1,797		34,592
Graham Holdings Company, Class B		458		312,896
Grand Canyon Education, Inc. (A)		11,588		1,326,926
Houghton Mifflin Harcourt Company (A)		5,833		42,406
K12, Inc. (A)		3,438		117,339
Laureate Education, Inc., Class A (A)		1,275		19,087
Lincoln Educational Services Corp. (A)		1,100		3,410
Regis Corp. (A)		3,827		75,277
Universal Technical Institute, Inc. (A)		3,087		10,527
				2,308,374
Hotels, restaurants and leisure – 2.1%
Aramark		5,853		172,956
Ark Restaurants Corp.		64		1,247
BBX Capital Corp.		1,743		10,319
Belmond, Ltd., Class A (A)		11,516		287,094
Biglari Holdings, Inc., Class A (A)		3		2,206
Biglari Holdings, Inc., Class B (A)		102		14,419
Boyd Gaming Corp.		873		23,885
Carrols Restaurant Group, Inc. (A)		1,688		16,829
Churchill Downs, Inc.		6,035		544,719
Chuy’s Holdings, Inc. (A)		17,137		390,209
Dave & Buster’s Entertainment, Inc.		11,651		581,035
Del Frisco’s Restaurant Group, Inc. (A)		1,609		10,314
Del Taco Restaurants, Inc. (A)		2,438		24,526
Dine Brands Global, Inc.		212		19,353
Dover Motorsports, Inc.		400		808
El Pollo Loco Holdings, Inc. (A)		2,613		33,995
Eldorado Resorts, Inc. (A)		683		31,889
Extended Stay America, Inc.		8,505		152,665
Fiesta Restaurant Group, Inc. (A)		1,348		17,672
FRD Acquisition Company (A)(C)		5,160		3,493
International Game Technology PLC		6,958		90,384
Luby’s, Inc. (A)		6,251		9,001
Marriott Vacations Worldwide Corp.		2,402		224,587
Monarch Casino & Resort, Inc. (A)		1,278		56,130
Playa Hotels & Resorts NV (A)		1,326		10,117
Potbelly Corp. (A)		2,073		17,641
RCI Hospitality Holdings, Inc.		1,603		36,821
Red Lion Hotels Corp. (A)		3,000		24,240
Red Robin Gourmet Burgers, Inc. (A)		1,300		37,453
Speedway Motorsports, Inc.		5,924		85,720
				2,931,727
Household durables – 1.8%
Bassett Furniture Industries, Inc.		2,333		38,285
Cavco Industries, Inc. (A)		606		71,223
Century Communities, Inc. (A)		1,640		39,311
CSS Industries, Inc.		976		5,846
Emerson Radio Corp. (A)		4,869		6,330
Ethan Allen Interiors, Inc.		1,706		32,636
Flexsteel Industries, Inc.		1,750		40,583
Hamilton Beach Brands Holding Company, Class A		194		4,163
Helen of Troy, Ltd. (A)		1,593		184,724
Hooker Furniture Corp.		2,121		61,148
KB Home		6,043		146,059
La-Z-Boy, Inc.		5,818		191,936
Libbey, Inc. (A)		1,103		3,133
Lifetime Brands, Inc.		2,931		27,698
M/I Homes, Inc. (A)		2,195		58,431
MDC Holdings, Inc.		5,177		150,444
Meritage Homes Corp. (A)		3,432		153,445
PulteGroup, Inc.		10,690		298,892

Small Cap Opportunities Trust (continued)
	Shares or Principal Amount		Value
COMMON STOCKS (continued)
Household durables (continued)
Taylor Morrison Home Corp., Class A (A)		5,267	$	93,489
The New Home Company, Inc. (A)		831		3,956
Toll Brothers, Inc.		15,015		543,543
TopBuild Corp. (A)		2,306		149,475
TRI Pointe Group, Inc. (A)		16,198		204,743
Universal Electronics, Inc. (A)		521		19,355
William Lyon Homes, Class A (A)		2,694		41,407
				2,570,255
Internet and direct marketing retail – 0.2%
1-800-Flowers.com, Inc., Class A (A)		3,234		58,956
FTD Companies, Inc. (A)		1,934		986
Liberty Expedia Holdings, Inc., Series A (A)		2,172		92,962
Liquidity Services, Inc. (A)		1,691		13,038
Qurate Retail, Inc. (A)		5,970		95,401
				261,343
Leisure products – 0.4%
American Outdoor Brands Corp. (A)		859		8,023
Brunswick Corp.		2,904		146,158
Callaway Golf Company		9,628		153,374
Escalade, Inc.		3,529		39,419
JAKKS Pacific, Inc. (A)		2,278		2,301
Johnson Outdoors, Inc., Class A		1,448		103,329
Nautilus, Inc. (A)		1,580		8,785
Vista Outdoor, Inc. (A)		3,475		27,835
				489,224
Multiline retail – 0.8%
Big Lots, Inc.		1,102		41,898
Dillard’s, Inc., Class A (B)		2,839		204,465
Fred’s, Inc., Class A (A)		2,000		4,940
J.C. Penney Company, Inc. (A)(B)		23,315		34,739
Macy’s, Inc.		15,246		366,361
Ollie’s Bargain Outlet Holdings, Inc. (A)		5,745		490,221
Tuesday Morning Corp. (A)		2,100		4,452
				1,147,076
Specialty retail – 3.7%
Aaron’s, Inc.		4,540		238,804
Abercrombie & Fitch Company, Class A		5,916		162,158
American Eagle Outfitters, Inc.		7,348		162,905
America’s Car-Mart, Inc. (A)		1,063		97,094
Ascena Retail Group, Inc. (A)		11,786		12,729
At Home Group, Inc. (A)		448		8,001
AutoNation, Inc. (A)		8,182		292,261
Barnes & Noble Education, Inc. (A)		6,174		25,931
Barnes & Noble, Inc.		6,995		37,983
Bed Bath & Beyond, Inc. (B)		9,468		160,861
Big 5 Sporting Goods Corp. (B)		2,004		6,373
Boot Barn Holdings, Inc. (A)		2,280		67,123
Build-A-Bear Workshop, Inc. (A)		2,470		15,067
Caleres, Inc.		4,873		120,314
Chico’s FAS, Inc.		9,163		39,126
Citi Trends, Inc.		2,095		40,454
Conn’s, Inc. (A)		76		1,737
Dick’s Sporting Goods, Inc.		4,295		158,099
DSW, Inc., Class A		6,370		141,541
Express, Inc. (A)		3,676		15,733
Five Below, Inc. (A)		8,986		1,116,511
Foot Locker, Inc.		5,430		329,058
Francesca’s Holdings Corp. (A)		1,431		968
GameStop Corp., Class A (B)		10,093		102,545
Genesco, Inc. (A)		2,034		92,649
Group 1 Automotive, Inc.		1,693		109,537
Guess?, Inc.		6,368		124,813

202

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Small Cap Opportunities Trust (continued)
	Shares or Principal Amount		Value
COMMON STOCKS (continued)
Specialty retail (continued)
Haverty Furniture Companies, Inc.		1,920	$	42,010
Hibbett Sports, Inc. (A)		1,307		29,813
Lithia Motors, Inc., Class A		4,635		429,896
MarineMax, Inc. (A)		2,496		47,823
Monro, Inc.		872		75,445
Office Depot, Inc.		33,557		121,812
Party City Holdco, Inc. (A)		633		5,026
Penske Automotive Group, Inc.		5,891		263,033
Pier 1 Imports, Inc. (A)		6,713		5,125
Rent-A-Center, Inc. (A)		1,084		22,623
RTW RetailWinds, Inc. (A)		5,638		13,531
Shoe Carnival, Inc. (B)		1,632		55,537
Signet Jewelers, Ltd.		4,374		118,798
Sonic Automotive, Inc., Class A		1,811		26,821
Tandy Leather Factory, Inc. (A)		1,690		10,140
The Cato Corp., Class A		1,957		29,316
Tile Shop Holdings, Inc.		1,300		7,358
Tilly’s, Inc., Class A		712		7,925
Trans World Entertainment Corp. (A)		6,243		2,620
Urban Outfitters, Inc. (A)		4,660		138,122
Vitamin Shoppe, Inc. (A)		1,983		13,960
Zumiez, Inc. (A)		2,122		52,817
				5,199,926
Textiles, apparel and luxury goods – 1.1%
Capri Holdings, Ltd. (A)		1,120		51,240
Culp, Inc.		334		6,423
Deckers Outdoor Corp. (A)		1,726		253,705
Delta Apparel, Inc. (A)		500		11,110
Fossil Group, Inc. (A)		1,707		23,420
G-III Apparel Group, Ltd. (A)		3,397		135,744
Lakeland Industries, Inc. (A)		1,110		13,031
Movado Group, Inc.		1,758		63,956
Oxford Industries, Inc.		6,574		494,759
PVH Corp.		3,037		370,362
Rocky Brands, Inc.		1,478		35,413
Superior Group of Companies, Inc.		663		11,019
Unifi, Inc. (A)		2,910		56,309
Vera Bradley, Inc. (A)		2,034		26,951
				1,553,442
				19,669,611
Consumer staples – 3.6%
Beverages – 0.0%
Craft Brew Alliance, Inc. (A)		2,909		40,668
Food and staples retailing – 1.3%
Casey’s General Stores, Inc.		448		57,689
Ingles Markets, Inc., Class A		2,495		68,912
Natural Grocers by Vitamin Cottage, Inc. (A)		1,014		12,117
Performance Food Group Company (A)		13,401		531,216
PriceSmart, Inc.		5,315		312,947
Rite Aid Corp. (A)		12,486		7,929
Smart & Final Stores, Inc. (A)		1,985		9,806
SpartanNash Company		4,194		66,559
The Andersons, Inc.		3,784		121,958
The Chefs’ Warehouse, Inc. (A)		1,493		46,358
United Natural Foods, Inc. (A)		3,818		50,474
US Foods Holding Corp. (A)		11,025		384,883
Village Super Market, Inc., Class A		685		18,721
Weis Markets, Inc.		3,071		125,328
				1,814,897
Food products – 1.7%
Alico, Inc.		341		9,279
B&G Foods, Inc. (B)		1,941		47,399

Small Cap Opportunities Trust (continued)
	Shares or Principal Amount		Value
COMMON STOCKS (continued)
Food products (continued)
Bunge, Ltd.		6,695	$	355,304
Cal-Maine Foods, Inc.		300		13,389
Darling Ingredients, Inc. (A)		13,547		293,293
Dean Foods Company		8,717		26,413
Farmer Brothers Company (A)		1,069		21,391
Fresh Del Monte Produce, Inc.		3,135		84,739
Hostess Brands, Inc. (A)		3,408		42,600
Ingredion, Inc.		2,490		235,778
John B. Sanfilippo & Son, Inc.		787		56,562
Landec Corp. (A)		3,130		38,436
Limoneira Company		199		4,682
Pilgrim’s Pride Corp. (A)		1,655		36,890
Post Holdings, Inc. (A)		4,039		441,867
Sanderson Farms, Inc.		2,059		271,459
Seaboard Corp.		58		248,513
Seneca Foods Corp., Class A (A)		1,409		34,661
TreeHouse Foods, Inc. (A)		2,369		152,919
				2,415,574
Household products – 0.1%
Central Garden & Pet Company (A)		1,553		39,695
Central Garden & Pet Company, Class A (A)		4,142		96,302
Oil-Dri Corp. of America		531		16,535
Spectrum Brands Holdings, Inc.		639		35,004
				187,536
Personal products – 0.4%
Coty, Inc., Class A (B)		27,405		315,158
Edgewell Personal Care Company (A)		1,631		71,585
Inter Parfums, Inc.		1,604		121,695
Mannatech, Inc.		276		4,830
Natural Alternatives International, Inc. (A)		200		2,300
				515,568
Tobacco – 0.1%
Universal Corp.		2,175		125,345
				5,099,588
Energy – 5.7%
Energy equipment and services – 1.8%
Archrock, Inc.		9,027		88,284
Basic Energy Services, Inc. (A)		1,957		7,437
Bristow Group, Inc. (A)(B)		4,775		5,300
CARBO Ceramics, Inc. (A)		883		3,091
Dawson Geophysical Company (A)		3,948		11,568
Diamond Offshore Drilling, Inc. (A)		1,130		11,854
Dril-Quip, Inc. (A)		3,610		165,519
Ensco PLC, Class A		25,374		99,720
Era Group, Inc. (A)		4,560		52,622
Exterran Corp. (A)		4,737		79,818
Forum Energy Technologies, Inc. (A)		6,662		34,043
Frank’s International NV (A)		1,421		8,824
Geospace Technologies Corp. (A)		516		6,677
Gulf Island Fabrication, Inc. (A)		3,019		27,684
Helix Energy Solutions Group, Inc. (A)		14,129		111,760
Helmerich & Payne, Inc.		4,552		252,909
Hornbeck Offshore Services, Inc. (A)		5,300		6,572
Keane Group, Inc. (A)		770		8,385
KLX Energy Services Holdings, Inc. (A)		1,865		46,886
Matrix Service Company (A)		2,731		53,473
McDermott International, Inc. (A)		10,254		76,290
Mitcham Industries, Inc. (A)		2,431		9,554
Nabors Industries, Ltd.		29,897		102,846
Natural Gas Services Group, Inc. (A)		2,620		45,352
Newpark Resources, Inc. (A)		12,359		113,208

203

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Small Cap Opportunities Trust (continued)
	Shares or Principal Amount		Value
COMMON STOCKS (continued)
Energy equipment and services (continued)
Nine Energy Service, Inc. (A)		425	$	9,626
Noble Corp. PLC (A)		17,780		51,029
Oceaneering International, Inc. (A)		8,109		127,879
Oil States International, Inc. (A)		4,041		68,535
Patterson-UTI Energy, Inc.		14,112		197,850
Pioneer Energy Services Corp. (A)		7,371		13,047
ProPetro Holding Corp. (A)		1,331		30,001
RigNet, Inc. (A)		208		2,032
Rowan Companies PLC, Class A (A)		12,998		140,248
SEACOR Holdings, Inc. (A)		2,419		102,275
SEACOR Marine Holdings, Inc. (A)		2,432		32,370
Superior Energy Services, Inc. (A)		14,062		65,670
TETRA Technologies, Inc. (A)		4,581		10,720
Tidewater, Inc. (A)		391		9,067
Transocean, Ltd. (A)		13,252		115,425
U.S. Silica Holdings, Inc.		4,282		74,336
Unit Corp. (A)		6,259		89,128
				2,568,914
Oil, gas and consumable fuels – 3.9%
Adams Resources & Energy, Inc.		724		28,279
Alta Mesa Resources, Inc., Class A (A)		1,844		489
Antero Resources Corp. (A)		20,791		183,585
Arch Coal, Inc., Class A		1,502		137,088
Ardmore Shipping Corp. (A)		1,174		7,232
Bonanza Creek Energy, Inc. (A)		1,183		26,842
Callon Petroleum Company (A)		13,440		101,472
Centennial Resource Development, Inc., Class A (A)		11,699		102,834
Cimarex Energy Company		2,398		167,620
Clean Energy Fuels Corp. (A)		11,526		35,615
Cloud Peak Energy, Inc. (A)		6,658		699
CNX Resources Corp. (A)		18,164		195,626
CONSOL Energy, Inc. (A)		2,270		77,679
Contango Oil & Gas Company (A)		3,786		11,926
Delek US Holdings, Inc.		6,745		245,653
Denbury Resources, Inc. (A)		19,778		40,545
DHT Holdings, Inc.		3,733		16,649
Dorian LPG, Ltd. (A)		2,153		13,822
EnLink Midstream LLC		22,901		292,675
Extraction Oil & Gas, Inc. (A)		3,404		14,399
GasLog, Ltd.		2,719		47,474
Green Plains, Inc.		5,268		87,870
Gulfport Energy Corp. (A)		10,592		84,948
Halcon Resources Corp. (A)		4,689		6,330
HighPoint Resources Corp. (A)		7,216		15,947
International Seaways, Inc. (A)		1,434		24,579
Kosmos Energy, Ltd.		2,446		15,239
Laredo Petroleum, Inc. (A)		1,132		3,498
Matador Resources Company (A)		27,513		531,826
Midstates Petroleum Company, Inc. (A)		761		7,435
Montage Resources Corp. (A)(B)		615		9,250
Murphy Oil Corp.		14,395		421,774
NACCO Industries, Inc., Class A		700		26,754
Oasis Petroleum, Inc. (A)		18,941		114,404
Overseas Shipholding Group, Inc., Class A (A)		861		1,972
Pacific Ethanol, Inc. (A)		2,656		2,603
Panhandle Oil and Gas, Inc., Class A		557		8,745
Par Pacific Holdings, Inc. (A)		1,947		34,676
Parsley Energy, Inc., Class A (A)		14,262		275,257
PBF Energy, Inc., Class A		9,324		290,349
PDC Energy, Inc. (A)		4,532		184,362
Peabody Energy Corp.		6,070		171,963
Penn Virginia Corp. (A)		651		28,709
QEP Resources, Inc. (A)		13,169		102,587

Small Cap Opportunities Trust (continued)
	Shares or Principal Amount		Value
COMMON STOCKS (continued)
Oil, gas and consumable fuels (continued)
Range Resources Corp.		13,645	$	153,370
Renewable Energy Group, Inc. (A)		4,097		89,970
REX American Resources Corp. (A)		268		21,603
Ring Energy, Inc. (A)		2,739		16,078
SandRidge Energy, Inc. (A)		1,746		14,003
Scorpio Tankers, Inc.		1,693		33,589
SemGroup Corp., Class A		4,266		62,881
Ship Finance International, Ltd.		2,030		25,050
SilverBow Resources, Inc. (A)		324		7,452
SM Energy Company		6,189		108,246
Southwestern Energy Company (A)		23,534		110,374
SRC Energy, Inc. (A)		18,334		93,870
Teekay Corp.		286		1,121
Teekay Tankers, Ltd., Class A (A)		9,278		9,001
Whiting Petroleum Corp. (A)		4,753		124,243
World Fuel Services Corp.		3,769		108,886
WPX Energy, Inc. (A)		22,256		291,776
				5,470,793
				8,039,707
Financials – 21.6%
Banks – 11.7%
1st Source Corp.		2,392		107,425
Allegiance Bancshares, Inc. (A)		308		10,386
American National Bankshares, Inc.		991		34,606
American River Bankshares		2,249		29,237
Ameris Bancorp		18,392		631,765
Arrow Financial Corp.		416		13,682
Associated Banc-Corp.		16,632		355,093
Atlantic Capital Bancshares, Inc. (A)		667		11,893
Banc of California, Inc.		1,420		19,653
BancFirst Corp.		1,658		86,465
BancorpSouth Bank		2,714		76,589
Bank of Commerce Holdings		3,606		38,043
Bank of Marin Bancorp		542		22,054
Bank OZK		4,140		119,977
BankUnited, Inc.		2,464		82,298
Banner Corp.		3,129		169,498
Bar Harbor Bankshares		2,109		54,560
BCB Bancorp, Inc.		1,477		19,792
Berkshire Hills Bancorp, Inc.		3,493		95,149
Blue Hills Bancorp, Inc.		1,249		29,851
BOK Financial Corp.		844		68,828
Boston Private Financial Holdings, Inc.		7,971		87,362
Bridge Bancorp, Inc.		1,057		30,970
Brookline Bancorp, Inc.		7,510		108,144
Bryn Mawr Bank Corp.		1,969		71,140
C&F Financial Corp.		627		31,726
Cadence Bancorp		4,097		75,999
California First National Bancorp		1,653		25,622
Camden National Corp.		1,722		71,842
Capital City Bank Group, Inc.		1,865		40,620
Carolina Financial Corp.		1,115		38,568
CenterState Bank Corp.		898		21,381
Central Pacific Financial Corp.		2,960		85,366
Century Bancorp, Inc., Class A		836		61,028
Chemical Financial Corp.		3,971		163,446
Chemung Financial Corp.		966		45,334
CIT Group, Inc.		4,212		202,050
City Holding Company		481		36,647
Civista Bancshares, Inc.		514		11,221
CNB Financial Corp.		1,962		49,580
Columbia Banking System, Inc.		3,819		124,843
Community Bank System, Inc.		3,093		184,869
Community Trust Bancorp, Inc.		1,888		77,521
ConnectOne Bancorp, Inc.		1,273		25,078

204

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Small Cap Opportunities Trust (continued)
	Shares or Principal Amount		Value
COMMON STOCKS (continued)
Banks (continued)
Customers Bancorp, Inc. (A)		2,391	$	43,779
CVB Financial Corp.		2,662		56,035
Eagle Bancorp, Inc. (A)		1,535		77,057
Enterprise Bancorp, Inc.		246		7,068
Enterprise Financial Services Corp.		1,453		59,239
Equity Bancshares, Inc., Class A (A)		697		20,074
Fidelity Southern Corp.		3,081		84,389
Fifth Third Bancorp		5,387		135,854
Financial Institutions, Inc.		1,481		40,254
First Bancorp (NC)		3,205		111,406
First Bancorp (PR)		25,069		287,291
First Bancorp, Inc.		1,769		44,083
First Busey Corp.		841		20,520
First Business Financial Services, Inc.		1,366		27,347
First Commonwealth Financial Corp.		10,189		128,381
First Community Bankshares, Inc.		2,201		72,941
First Financial Bancorp		9,165		220,510
First Financial Corp.		1,128		47,376
First Financial Northwest, Inc.		1,100		17,325
First Foundation, Inc.		1,677		22,757
First Hawaiian, Inc.		779		20,293
First Horizon National Corp.		12,649		176,833
First Internet Bancorp		377		7,287
First Interstate BancSystem, Inc., Class A		1,946		77,490
First Merchants Corp.		3,883		143,089
First Mid-Illinois Bancshares, Inc.		349		11,629
First Midwest Bancorp, Inc.		7,500		153,450
First Northwest Bancorp		800		12,456
Flushing Financial Corp.		3,421		75,023
FNB Corp.		18,182		192,729
Franklin Financial Network, Inc.		633		18,363
Fulton Financial Corp.		13,097		202,742
German American Bancorp, Inc.		302		8,879
Great Southern Bancorp, Inc.		1,329		68,975
Great Western Bancorp, Inc.		3,593		113,503
Hancock Whitney Corp.		7,019		283,568
Hanmi Financial Corp.		3,082		65,554
Heartland Financial USA, Inc.		2,428		103,554
Heritage Commerce Corp.		2,225		26,923
Heritage Financial Corp.		1,481		44,637
Hilltop Holdings, Inc.		6,466		118,005
Home BancShares, Inc.		618		10,858
HomeTrust Bancshares, Inc.		560		14,112
Hope Bancorp, Inc.		11,326		148,144
Horizon Bancorp, Inc.		3,249		52,276
IBERIABANK Corp.		3,855		276,442
Independent Bank Corp. (MA)		1,111		90,024
Independent Bank Corp. (MI)		206		4,429
Independent Bank Group, Inc.		1,479		75,858
International Bancshares Corp.		6,427		244,419
Investors Bancorp, Inc.		27,334		323,908
Lakeland Bancorp, Inc.		4,261		63,617
LegacyTexas Financial Group, Inc.		3,613		135,090
Macatawa Bank Corp.		5,091		50,605
MBT Financial Corp.		3,223		32,294
Mercantile Bank Corp.		1,266		41,424
Midland States Bancorp, Inc.		670		16,120
MidSouth Bancorp, Inc.		1,822		20,789
MidWestOne Financial Group, Inc.		1,343		36,597
National Bank Holdings Corp., Class A		1,336		44,435
National Commerce Corp. (A)		524		20,546
NBT Bancorp, Inc.		3,823		137,666
Nicolet Bankshares, Inc. (A)		565		33,674
Northrim Bancorp, Inc.		1,530		52,663

Small Cap Opportunities Trust (continued)
	Shares or Principal Amount		Value
COMMON STOCKS (continued)
Banks (continued)
Norwood Financial Corp.		1,188	$	36,638
OFG Bancorp		6,515		128,932
Old Line Bancshares, Inc.		601		14,983
Old National Bancorp		12,650		207,460
Old Second Bancorp, Inc.		2,721		34,257
Opus Bank		1,848		36,590
Pacific Mercantile Bancorp (A)		762		5,806
Pacific Premier Bancorp, Inc.		1,504		39,901
PacWest Bancorp		9,702		364,892
Peapack Gladstone Financial Corp.		1,625		42,608
Penns Woods Bancorp, Inc.		792		32,551
Peoples Bancorp, Inc.		2,153		66,678
People’s United Financial, Inc.		34,274		563,465
People’s Utah Bancorp		518		13,660
Pinnacle Financial Partners, Inc.		15,173		829,963
Popular, Inc.		7,939		413,860
Premier Financial Bancorp, Inc.		2,821		44,318
Prosperity Bancshares, Inc.		6,185		427,136
QCR Holdings, Inc.		1,211		41,077
Renasant Corp.		4,029		136,382
Republic Bancorp, Inc., Class A		1,724		77,097
S&T Bancorp, Inc.		3,436		135,825
Sandy Spring Bancorp, Inc.		2,800		87,584
Seacoast Banking Corp. of Florida (A)		1,191		31,383
Shore Bancshares, Inc.		2,225		33,175
Sierra Bancorp		2,175		52,853
Simmons First National Corp., Class A		6,232		152,559
South State Corp.		2,627		179,529
Southern First Bancshares, Inc. (A)		237		8,027
Southern National Bancorp of Virginia, Inc.		3,850		56,403
Southside Bancshares, Inc.		374		12,428
Sterling Bancorp		11,335		211,171
Synovus Financial Corp.		5,010		172,144
TCF Financial Corp.		11,539		238,742
Texas Capital Bancshares, Inc. (A)		7,631		416,576
The Bancorp, Inc. (A)		4,825		38,986
The First Bancshares, Inc.		311		9,610
The First of Long Island Corp.		1,039		22,785
TierOne Corp. (A)(C)		2,328		1
Towne Bank		4,414		109,247
TriCo Bancshares		721		28,328
TriState Capital Holdings, Inc. (A)		1,242		25,374
Triumph Bancorp, Inc. (A)		997		29,302
Trustmark Corp.		6,295		211,701
Umpqua Holdings Corp.		19,768		326,172
Union Bankshares Corp.		4,874		157,576
United Bankshares, Inc.		5,846		211,859
United Community Banks, Inc.		5,084		126,744
Univest Financial Corp.		2,460		60,172
Valley National Bancorp		20,233		193,832
Veritex Holdings, Inc.		1,574		38,122
Washington Trust Bancorp, Inc.		635		30,575
WesBanco, Inc.		5,689		226,138
Wintrust Financial Corp.		1,362		91,703
				16,406,739
Capital markets – 1.8%
Blucora, Inc. (A)		6,814		227,451
Cowen, Inc. (A)		5,088		73,725
GAIN Capital Holdings, Inc. (B)		2,895		18,181
GAMCO Investors, Inc., Class A		503		10,312
Houlihan Lokey, Inc.		10,131		464,506
INTL. FCStone, Inc. (A)		1,705		66,086
Invesco, Ltd.		20,524		396,318
Janus Henderson Group PLC		10,100		252,298

205

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Small Cap Opportunities Trust (continued)
	Shares or Principal Amount		Value
COMMON STOCKS (continued)
Capital markets (continued)
Legg Mason, Inc.		8,654	$	236,860
Oppenheimer Holdings, Inc., Class A		1,974		51,363
Piper Jaffray Companies		686		49,961
Stifel Financial Corp.		9,924		523,590
Virtus Investment Partners, Inc.		418		40,776
Waddell & Reed Financial, Inc., Class A (B)		5,265		91,032
				2,502,459
Consumer finance – 1.1%
Asta Funding, Inc. (A)		344		1,606
Encore Capital Group, Inc. (A)(B)		13,582		369,838
Enova International, Inc. (A)		1,914		43,677
EZCORP, Inc., Class A (A)		3,087		28,771
LendingClub Corp. (A)		16,460		50,861
Navient Corp.		25,265		292,316
Nelnet, Inc., Class A		3,424		188,560
Nicholas Financial, Inc. (A)		75		675
OneMain Holdings, Inc.		3,439		109,188
PRA Group, Inc. (A)		1,882		50,456
Regional Management Corp. (A)		573		13,993
Santander Consumer USA Holdings, Inc.		18,561		392,194
World Acceptance Corp. (A)		618		72,386
				1,614,521
Diversified financial services – 0.3%
Cannae Holdings, Inc. (A)		2,391		58,006
First Eagle Private Credit LLC (A)(C)		5,739		1,490
Marlin Business Services Corp.		1,698		36,507
On Deck Capital, Inc. (A)		2,096		11,360
Voya Financial, Inc.		7,710		385,192
				492,555
Insurance – 4.7%
Ambac Financial Group, Inc. (A)		1,536		27,832
American Equity Investment Life Holding Company		8,399		226,941
American National Insurance Company		1,733		209,381
Argo Group International Holdings, Ltd.		3,591		253,740
Assurant, Inc.		5,658		537,001
Assured Guaranty, Ltd.		10,152		451,053
Athene Holding, Ltd., Class A (A)		5,286		215,669
Axis Capital Holdings, Ltd.		3,625		198,578
CNO Financial Group, Inc.		16,225		262,521
Donegal Group, Inc., Class A		2,876		38,682
EMC Insurance Group, Inc.		2,830		90,220
Employers Holdings, Inc.		2,717		108,979
Enstar Group, Ltd. (A)		779		135,546
FBL Financial Group, Inc., Class A		3,170		198,822
FedNat Holding Company		1,090		17,484
First American Financial Corp.		2,209		113,764
Genworth Financial, Inc., Class A (A)		14,291		54,735
Global Indemnity, Ltd.		2,390		72,608
Greenlight Capital Re, Ltd., Class A (A)		2,616		28,436
Hallmark Financial Services, Inc. (A)		4,008		41,683
HCI Group, Inc.		297		12,691
Heritage Insurance Holdings, Inc.		15,033		219,482
Horace Mann Educators Corp.		3,837		135,101
Independence Holding Company		2,247		79,207
Investors Title Company		189		29,843
James River Group Holdings, Ltd.		653		26,172
Kemper Corp.		1,335		101,647
Maiden Holdings, Ltd.		7,320		5,437
MBIA, Inc. (A)		10,305		98,104
Mercury General Corp.		1,084		54,276
National General Holdings Corp.		6,267		148,716

Small Cap Opportunities Trust (continued)
	Shares or Principal Amount		Value
COMMON STOCKS (continued)
Insurance (continued)
National Western Life Group, Inc., Class A		221	$	58,006
Old Republic International Corp.		20,494		428,734
ProAssurance Corp.		2,100		72,681
Protective Insurance Corp., Class B		1,154		21,372
Reinsurance Group of America, Inc.		833		118,269
RenaissanceRe Holdings, Ltd.		1,028		147,518
Safety Insurance Group, Inc.		1,060		92,368
Selective Insurance Group, Inc.		2,424		153,391
State Auto Financial Corp.		4,187		137,836
Stewart Information Services Corp.		2,162		92,296
The Hanover Insurance Group, Inc.		972		110,973
The Navigators Group, Inc.		3,413		238,466
Third Point Reinsurance, Ltd. (A)		2,292		23,791
United Fire Group, Inc.		2,597		113,515
United Insurance Holdings Corp.		1,482		23,564
Unum Group		11,366		384,512
White Mountains Insurance Group, Ltd.		148		136,971
				6,548,614
Thrifts and mortgage finance – 2.0%
Axos Financial, Inc. (A)		669		19,374
BankFinancial Corp.		2,146		31,911
Capitol Federal Financial, Inc.		13,078		174,591
Dime Community Bancshares, Inc.		3,601		67,447
ESSA Bancorp, Inc.		897		13,814
Federal Agricultural Mortgage Corp., Class C		1,163		84,236
First Defiance Financial Corp.		2,220		63,803
Flagstar Bancorp, Inc.		5,241		172,534
Hingham Institution for Savings		106		18,233
Home Bancorp, Inc.		902		29,992
HomeStreet, Inc. (A)		1,732		45,638
HopFed Bancorp, Inc.		1,799		35,440
Kearny Financial Corp.		5,361		68,996
Meridian Bancorp, Inc.		1,625		25,496
Meta Financial Group, Inc.		2,895		56,974
Mr. Cooper Group, Inc. (A)		1,998		19,161
New York Community Bancorp, Inc.		28,861		333,922
NMI Holdings, Inc., Class A (A)		3,254		84,181
Northfield Bancorp, Inc.		4,819		66,984
Northwest Bancshares, Inc.		8,845		150,100
OceanFirst Financial Corp.		1,393		33,516
Oritani Financial Corp.		4,658		77,463
Provident Financial Holdings, Inc.		1,778		35,418
Provident Financial Services, Inc.		4,435		114,822
Prudential Bancorp, Inc.		1,696		29,426
Radian Group, Inc.		9,531		197,673
Riverview Bancorp, Inc.		5,483		40,081
SI Financial Group, Inc.		2,433		31,410
Southern Missouri Bancorp, Inc.		1,012		31,170
Territorial Bancorp, Inc.		1,722		46,339
TrustCo Bank Corp.		9,134		70,880
United Community Financial Corp.		4,635		43,337
United Financial Bancorp, Inc.		4,950		71,033
Walker & Dunlop, Inc.		1,551		78,961
Washington Federal, Inc.		2,236		64,598
Waterstone Financial, Inc.		3,099		51,010
Western New England Bancorp, Inc.		4,739		43,741
WSFS Financial Corp.		3,099		119,621
				2,743,326
				30,308,214
Health care – 11.7%
Biotechnology – 2.8%
Achillion Pharmaceuticals, Inc. (A)		10,940		32,382

206

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Small Cap Opportunities Trust (continued)
	Shares or Principal Amount		Value
COMMON STOCKS (continued)
Biotechnology (continued)
Acorda Therapeutics, Inc. (A)		3,542	$	47,073
Adverum Biotechnologies, Inc. (A)		5,950		31,178
Aimmune Therapeutics, Inc. (A)		22,102		493,980
AMAG Pharmaceuticals, Inc. (A)		1,505		19,384
Amicus Therapeutics, Inc. (A)		48,644		661,558
Anika Therapeutics, Inc. (A)		234		7,076
Aptevo Therapeutics, Inc. (A)		2,502		2,252
Ardelyx, Inc. (A)		2,294		6,423
Biohaven Pharmaceutical Holding Company, Ltd. (A)		11,600		597,052
Calithera Biosciences, Inc. (A)		2,020		13,615
Chimerix, Inc. (A)		2,352		4,939
Concert Pharmaceuticals, Inc. (A)		1,198		14,460
Emergent BioSolutions, Inc. (A)		820		41,426
Five Prime Therapeutics, Inc. (A)		1,389		18,613
Global Blood Therapeutics, Inc. (A)		14,623		773,995
Immune Design Corp. (A)		1,267		7,412
Myriad Genetics, Inc. (A)		1,132		37,582
PDL BioPharma, Inc. (A)		10,320		38,390
Portola Pharmaceuticals, Inc. (A)		14,100		489,270
Prothena Corp. PLC (A)		779		9,449
Retrophin, Inc. (A)		16,132		365,067
Sierra Oncology, Inc. (A)		1,150		1,967
United Therapeutics Corp. (A)		1,810		212,440
Zafgen, Inc. (A)		88		241
				3,927,224
Health care equipment and supplies – 3.1%
AngioDynamics, Inc. (A)		6,177		141,206
AtriCure, Inc. (A)		17,589		471,209
Avanos Medical, Inc. (A)		3,800		162,184
Cardiovascular Systems, Inc. (A)		21,656		837,221
CONMED Corp.		1,956		162,700
FONAR Corp. (A)		463		9,478
Globus Medical, Inc., Class A (A)		17,138		846,789
ICU Medical, Inc. (A)		3,310		792,182
Integer Holdings Corp. (A)		2,544		191,868
Invacare Corp.		3,396		28,425
Kewaunee Scientific Corp.		83		1,748
Merit Medical Systems, Inc. (A)		1,345		83,161
Natus Medical, Inc. (A)		1,013		25,710
Orthofix Medical, Inc. (A)		241		13,595
RTI Surgical Holdings, Inc. (A)		4,931		29,635
Wright Medical Group NV (A)		19,013		597,959
				4,395,070
Health care providers and services – 1.8%
Acadia Healthcare Company, Inc. (A)(B)		13,337		390,907
Addus HomeCare Corp. (A)		1,724		109,629
Brookdale Senior Living, Inc. (A)		14,058		92,502
Cross Country Healthcare, Inc. (A)		2,734		19,220
Digirad Corp.		3,100		2,826
Diplomat Pharmacy, Inc. (A)		1,242		7,216
LHC Group, Inc. (A)		8,189		907,833
Magellan Health, Inc. (A)		2,490		164,141
MedCath Corp. (A)(C)		3,806		1,903
MEDNAX, Inc. (A)		6,772		183,995
National HealthCare Corp.		2,084		158,134
Owens & Minor, Inc.		5,919		24,268
Patterson Companies, Inc.		2,621		57,269
Premier, Inc., Class A (A)		1,546		53,322
Select Medical Holdings Corp. (A)		10,352		145,860
Surgery Partners, Inc. (A)		814		9,182
The Ensign Group, Inc.		2,167		110,929
The Providence Service Corp. (A)		887		59,092

Small Cap Opportunities Trust (continued)
	Shares or Principal Amount		Value
COMMON STOCKS (continued)
Health care providers and services (continued)
Triple-S Management Corp., Class B (A)		2,626	$	59,925
				2,558,153
Health care technology – 0.7%
Allscripts Healthcare Solutions, Inc. (A)		9,018		86,032
Evolent Health, Inc., Class A (A)		1,142		14,366
HealthStream, Inc. (A)		1,369		38,414
HMS Holdings Corp. (A)		2,106		62,359
Medidata Solutions, Inc. (A)		10,623		778,029
Micron Solutions, Inc. (A)		200		562
NextGen Healthcare, Inc. (A)		878		14,777
				994,539
Life sciences tools and services – 1.0%
Bruker Corp.		10,405		399,968
Harvard Bioscience, Inc. (A)		6,562		28,282
Luminex Corp.		2,011		46,273
Medpace Holdings, Inc. (A)		300		17,691
Syneos Health, Inc. (A)		15,989		827,591
				1,319,805
Pharmaceuticals – 2.3%
Amneal Pharmaceuticals, Inc. (A)		30,046		425,752
Amphastar Pharmaceuticals, Inc. (A)		2,759		56,366
Assertio Therapeutics, Inc. (A)		2,796		14,176
Catalent, Inc. (A)		19,447		789,354
Cumberland Pharmaceuticals, Inc. (A)		956		5,554
Dova Pharmaceuticals, Inc. (A)		18,396		163,540
Endo International PLC (A)		5,156		41,403
GW Pharmaceuticals PLC, ADR (A)		2,938		495,259
Mallinckrodt PLC (A)		6,663		144,854
Melinta Therapeutics, Inc. (A)		221		785
Otonomy, Inc. (A)		1,716		4,513
Perrigo Company PLC		6,737		324,454
Prestige Consumer Healthcare, Inc. (A)		1,934		57,846
Taro Pharmaceutical Industries, Ltd.		303		32,751
Tetraphase Pharmaceuticals, Inc. (A)		3,172		4,250
Zogenix, Inc. (A)		11,187		615,397
				3,176,254
				16,371,045
Industrials – 18.9%
Aerospace and defense – 1.0%
AAR Corp.		20,900		679,459
CPI Aerostructures, Inc. (A)		1,400		9,100
Cubic Corp.		2,425		136,382
Ducommun, Inc. (A)		1,674		72,852
Mercury Systems, Inc. (A)		3,184		204,031
Moog, Inc., Class A		2,330		202,594
National Presto Industries, Inc.		244		26,486
SIFCO Industries, Inc. (A)		1,000		2,760
The KeyW Holding Corp. (A)		1,918		16,533
Triumph Group, Inc.		1,361		25,941
Vectrus, Inc. (A)		608		16,167
Wesco Aircraft Holdings, Inc. (A)		7,177		63,086
				1,455,391
Air freight and logistics – 0.4%
Air Transport Services Group, Inc. (A)		1,682		38,770
Atlas Air Worldwide Holdings, Inc. (A)		2,943		148,798
Echo Global Logistics, Inc. (A)		2,257		55,928
Forward Air Corp.		1,054		68,225
Hub Group, Inc., Class A (A)		3,911		159,764
Radiant Logistics, Inc. (A)		1,875		11,813
XPO Logistics, Inc. (A)		1,040		55,890
				539,188

207

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Small Cap Opportunities Trust (continued)
	Shares or Principal Amount		Value
COMMON STOCKS (continued)
Airlines – 1.0%
Alaska Air Group, Inc.		6,089	$	341,715
Copa Holdings SA, Class A		905		72,952
Hawaiian Holdings, Inc.		2,263		59,404
JetBlue Airways Corp. (A)		26,452		432,755
SkyWest, Inc.		4,751		257,932
Spirit Airlines, Inc. (A)		5,299		280,105
				1,444,863
Building products – 0.9%
American Woodmark Corp. (A)		200		16,526
Apogee Enterprises, Inc.		1,785		66,920
Armstrong Flooring, Inc. (A)		1,831		24,902
CSW Industrials, Inc. (A)		571		32,713
Fortune Brands Home & Security, Inc.		1,150		54,752
Gibraltar Industries, Inc. (A)		3,659		148,592
Griffon Corp.		3,371		62,296
Insteel Industries, Inc.		1,989		41,610
JELD-WEN Holding, Inc. (A)		9,837		173,721
Masonite International Corp. (A)		1,546		77,130
Owens Corning		4,950		233,244
Quanex Building Products Corp.		3,929		62,432
Simpson Manufacturing Company, Inc.		728		43,149
Universal Forest Products, Inc.		6,426		192,073
USG Corp.		2,274		98,464
				1,328,524
Commercial services and supplies – 2.0%
ABM Industries, Inc.		6,128		222,753
ACCO Brands Corp.		7,990		68,394
Acme United Corp.		733		11,728
ARC Document Solutions, Inc. (A)		3,098		6,909
Brady Corp., Class A		2,861		132,779
CECO Environmental Corp. (A)		1,395		10,044
Civeo Corp. (A)		8,078		16,964
Clean Harbors, Inc. (A)		3,224		230,613
Deluxe Corp.		836		36,550
Ennis, Inc.		3,208		66,598
Healthcare Services Group, Inc.		9,722		320,729
Heritage-Crystal Clean, Inc. (A)		1,877		51,524
HNI Corp.		980		35,564
Hudson Technologies, Inc. (A)		3,750		7,238
LSC Communications, Inc.		1,500		9,795
Matthews International Corp., Class A		1,190		43,971
McGrath RentCorp		3,033		171,577
Mobile Mini, Inc.		4,727		160,434
Multi-Color Corp.		508		25,344
NL Industries, Inc. (A)		3,260		12,649
PICO Holdings, Inc. (A)		2,493		24,681
Ritchie Brothers Auctioneers, Inc.		20,453		695,402
SP Plus Corp. (A)		1,277		43,571
Steelcase, Inc., Class A		4,596		66,872
Stericycle, Inc. (A)		1,258		68,460
Team, Inc. (A)		2,106		36,855
Tetra Tech, Inc.		790		47,076
UniFirst Corp.		441		67,694
Viad Corp.		2,118		119,222
Virco Manufacturing Corp.		1,200		5,196
VSE Corp.		1,368		43,201
				2,860,387
Construction and engineering – 1.9%
AECOM (A)		14,815		439,561
Aegion Corp. (A)		3,621		63,621
Ameresco, Inc., Class A (A)		5,087		82,308
Arcosa, Inc.		4,310		131,671
Argan, Inc.		604		30,170
Dycom Industries, Inc. (A)		4,059		186,470

Small Cap Opportunities Trust (continued)
	Shares or Principal Amount		Value
COMMON STOCKS (continued)
Construction and engineering (continued)
EMCOR Group, Inc.		1,527	$	111,593
Granite Construction, Inc.		4,459		192,406
Great Lakes Dredge & Dock Corp. (A)		9,500		84,645
IES Holdings, Inc. (A)		237		4,211
KBR, Inc.		8,336		159,134
MasTec, Inc. (A)		4,355		209,476
MYR Group, Inc. (A)		2,443		84,601
Northwest Pipe Company (A)		1,706		40,944
NV5 Global, Inc. (A)		290		17,214
Orion Group Holdings, Inc. (A)		4,263		12,448
Primoris Services Corp.		3,474		71,842
Quanta Services, Inc.		13,216		498,772
Sterling Construction Company, Inc. (A)		3,771		47,213
Tutor Perini Corp. (A)		6,222		106,521
Valmont Industries, Inc.		424		55,162
				2,629,983
Electrical equipment – 0.9%
Acuity Brands, Inc.		233		27,962
AZZ, Inc.		1,638		67,043
Encore Wire Corp.		2,766		158,271
LSI Industries, Inc.		4,131		10,865
Powell Industries, Inc.		1,244		33,028
Preformed Line Products Company		984		52,241
Regal Beloit Corp.		3,866		316,509
Sensata Technologies Holding PLC (A)		1,717		77,299
Sunrun, Inc. (A)		1,551		21,807
Thermon Group Holdings, Inc. (A)		20,015		490,568
Ultralife Corp. (A)		1,984		20,376
				1,275,969
Industrial conglomerates – 0.1%
Carlisle Companies, Inc.		579		70,997
Machinery – 4.1%
Actuant Corp., Class A		1,269		30,926
AGCO Corp.		4,860		338,013
Alamo Group, Inc.		1,644		164,301
Astec Industries, Inc.		2,911		109,919
Barnes Group, Inc.		2,872		147,650
Briggs & Stratton Corp.		4,976		58,866
Chart Industries, Inc. (A)		3,324		300,888
CIRCOR International, Inc. (A)		1,614		52,616
Colfax Corp. (A)		8,935		265,191
Columbus McKinnon Corp.		2,978		102,294
EnPro Industries, Inc.		503		32,418
ESCO Technologies, Inc.		2,987		200,219
Federal Signal Corp.		6,669		173,327
Franklin Electric Company, Inc.		2,824		144,278
FreightCar America, Inc. (A)		735		4,528
Gencor Industries, Inc. (A)		2,100		25,956
Graham Corp.		333		6,537
Hurco Companies, Inc.		1,054		42,508
Hyster-Yale Materials Handling, Inc.		970		60,489
ITT, Inc.		3,867		224,286
John Bean Technologies Corp.		5,757		529,011
Kadant, Inc.		218		19,175
Kennametal, Inc.		1,872		68,796
LB Foster Company, Class A (A)		1,699		31,975
Lydall, Inc. (A)		338		7,929
Miller Industries, Inc.		2,106		64,970
Mueller Industries, Inc.		459		14,385
NN, Inc.		2,376		17,796
Oshkosh Corp.		785		58,977
Park-Ohio Holdings Corp.		749		24,253
Perma-Pipe International Holdings, Inc. (A)		1,100		9,669

208

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Small Cap Opportunities Trust (continued)
	Shares or Principal Amount		Value
COMMON STOCKS (continued)
Machinery (continued)
Rexnord Corp. (A)		1,671	$	42,009
Snap-on, Inc.		295		46,173
Spartan Motors, Inc.		46,729		412,617
SPX FLOW, Inc. (A)		2,346		74,837
Sun Hydraulics Corp.		6,915		321,617
Terex Corp.		1,593		51,183
The Eastern Company		1,471		40,482
The Gorman-Rupp Company		826		28,034
The Greenbrier Companies, Inc.		3,369		108,583
The LS Starrett Company, Class A (A)		1,530		11,781
The Manitowoc Company, Inc. (A)		2,882		47,294
The Timken Company		2,536		110,620
Titan International, Inc.		3,936		23,498
TriMas Corp. (A)		1,856		56,107
Trinity Industries, Inc.		12,930		280,969
Twin Disc, Inc. (A)		1,650		27,473
Wabash National Corp.		3,712		50,298
Woodward, Inc.		7,324		694,974
				5,760,695
Marine – 0.4%
Costamare, Inc.		3,754		19,521
Eagle Bulk Shipping, Inc. (A)		2,757		12,820
Genco Shipping & Trading, Ltd. (A)		1,028		7,669
Kirby Corp. (A)		5,111		383,887
Matson, Inc.		3,414		123,211
Scorpio Bulkers, Inc.		5,124		19,676
				566,784
Professional services – 2.4%
Acacia Research Corp. (A)		2,172		7,081
ASGN, Inc. (A)		1,709		108,504
CBIZ, Inc. (A)		7,630		154,431
CRA International, Inc.		1,251		63,226
Exponent, Inc.		16,620		959,306
Forrester Research, Inc.		12,231		591,369
FTI Consulting, Inc. (A)		3,487		267,871
GP Strategies Corp. (A)		1,125		13,669
Heidrick & Struggles International, Inc.		1,972		75,587
Hill International, Inc. (A)		3,275		9,563
Huron Consulting Group, Inc. (A)		1,611		76,071
ICF International, Inc.		2,238		170,267
InnerWorkings, Inc. (A)		3,056		11,063
Kelly Services, Inc., Class A		4,830		106,550
Korn Ferry		4,727		211,675
ManpowerGroup, Inc.		2,479		204,989
Mistras Group, Inc. (A)		1,232		17,014
Navigant Consulting, Inc.		4,872		94,858
RCM Technologies, Inc. (A)		300		1,182
Resources Connection, Inc.		5,520		91,301
TrueBlue, Inc. (A)		2,519		59,549
				3,295,126
Road and rail – 1.7%
AMERCO		984		365,566
ArcBest Corp.		3,389		104,347
Covenant Transportation Group, Inc., Class A (A)		1,513		28,717
Genesee & Wyoming, Inc., Class A (A)		5,038		439,011
Hertz Global Holdings, Inc. (A)		3,023		52,510
Knight-Swift Transportation Holdings, Inc.		15,790		516,017
Marten Transport, Ltd.		6,937		123,687
P.A.M. Transportation Services, Inc. (A)		975		47,717
Patriot Transportation Holding, Inc. (A)		450		8,460
Ryder System, Inc.		4,908		304,247
Saia, Inc. (A)		2,207		134,848

Small Cap Opportunities Trust (continued)
	Shares or Principal Amount		Value
COMMON STOCKS (continued)
Road and rail (continued)
Schneider National, Inc., Class B		2,862	$	60,245
USA Truck, Inc. (A)		1,375		19,855
Werner Enterprises, Inc.		5,765		196,875
				2,402,102
Trading companies and distributors – 2.0%
Air Lease Corp.		10,421		357,961
Aircastle, Ltd.		4,971		100,613
Beacon Roofing Supply, Inc. (A)		2,849		91,624
BMC Stock Holdings, Inc. (A)		2,274		40,182
CAI International, Inc. (A)		1,738		40,322
DXP Enterprises, Inc. (A)		967		37,636
GATX Corp.		3,661		279,591
Houston Wire & Cable Company (A)		3,039		19,237
Kaman Corp.		2,465		144,055
Lawson Products, Inc. (A)		591		18,534
MRC Global, Inc. (A)		2,745		47,983
NOW, Inc. (A)		9,114		127,231
Rush Enterprises, Inc., Class A		2,247		93,947
Rush Enterprises, Inc., Class B		1,862		77,329
SiteOne Landscape Supply, Inc. (A)		13,811		789,299
Textainer Group Holdings, Ltd. (A)		495		4,777
Titan Machinery, Inc. (A)		2,816		43,817
Transcat, Inc. (A)		1,532		35,205
Triton International, Ltd.		5,250		163,275
Univar, Inc. (A)		965		21,392
Veritiv Corp. (A)		889		23,398
WESCO International, Inc. (A)		4,092		216,917
Willis Lease Finance Corp. (A)		406		17,210
				2,791,535
Transportation infrastructure – 0.1%
Macquarie Infrastructure Corp.		2,843		117,188
				26,538,732
Information technology – 14.9%
Communications equipment – 1.1%
ADTRAN, Inc.		5,269		72,185
ARRIS International PLC (A)		9,314		294,416
BK Technologies Corp.		2,100		8,358
CalAmp Corp. (A)		900		11,322
Calix, Inc. (A)		2,971		22,877
Ciena Corp. (A)		1,396		52,127
CommScope Holding Company, Inc. (A)		3,420		74,317
Communications Systems, Inc.		1,800		4,770
Comtech Telecommunications Corp.		3,221		74,792
Digi International, Inc. (A)		4,813		60,981
EchoStar Corp., Class A (A)		4,430		161,474
Finisar Corp. (A)		7,372		170,809
Harmonic, Inc. (A)		4,356		23,610
Infinera Corp. (A)		8,291		35,983
InterDigital, Inc.		1,773		116,983
Lumentum Holdings, Inc. (A)		930		52,582
NETGEAR, Inc. (A)		3,391		112,310
NetScout Systems, Inc. (A)		5,458		153,206
Optical Cable Corp. (A)		931		4,348
Ribbon Communications, Inc. (A)		1,083		5,577
TESSCO Technologies, Inc.		1,750		27,090
Viavi Solutions, Inc. (A)		3,024		37,437
				1,577,554
Electronic equipment, instruments and components – 4.9%
ADDvantage Technologies Group, Inc. (A)		428		586
Anixter International, Inc. (A)		2,372		133,093
Arlo Technologies, Inc. (A)		6,715		27,733
Arrow Electronics, Inc. (A)		9,245		712,420

209

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Small Cap Opportunities Trust (continued)
	Shares or Principal Amount		Value
COMMON STOCKS (continued)
Electronic equipment, instruments and components (continued)
Avnet, Inc.		12,911	$	559,950
AVX Corp.		14,148		245,326
Bel Fuse, Inc., Class B		1,641		41,484
Belden, Inc.		1,539		82,644
Benchmark Electronics, Inc.		4,968		130,410
Coherent, Inc. (A)		245		34,721
CTS Corp.		3,310		97,215
Daktronics, Inc.		3,929		29,271
ePlus, Inc. (A)		950		84,113
Fabrinet (A)		3,520		184,307
FARO Technologies, Inc. (A)		838		36,797
Flex, Ltd. (A)		20,754		207,540
Frequency Electronics, Inc. (A)		1,783		21,129
II-VI, Inc. (A)		4,816		179,348
Insight Enterprises, Inc. (A)		3,865		212,807
Itron, Inc. (A)		387		18,054
Jabil, Inc.		15,148		402,785
KEMET Corp.		4,206		71,376
Key Tronic Corp. (A)		1,900		11,723
Kimball Electronics, Inc. (A)		5,006		77,543
Knowles Corp. (A)		6,866		121,048
Methode Electronics, Inc.		1,177		33,874
MTS Systems Corp.		626		34,092
OSI Systems, Inc. (A)		1,504		131,750
PAR Technology Corp. (A)		1,123		27,469
Park Electrochemical Corp.		2,083		32,703
PC Connection, Inc.		3,391		124,348
PCM, Inc. (A)		1,784		65,348
Plexus Corp. (A)		3,089		188,275
RF Industries, Ltd.		120		809
Richardson Electronics, Ltd.		2,384		16,164
Rogers Corp. (A)		6,148		976,794
Sanmina Corp. (A)		7,035		202,960
ScanSource, Inc. (A)		2,542		91,054
SMTC Corp. (A)		653		2,468
SYNNEX Corp.		3,945		376,314
Tech Data Corp. (A)		3,522		360,688
TTM Technologies, Inc. (A)		11,753		137,863
Vishay Intertechnology, Inc.		12,996		240,036
Vishay Precision Group, Inc. (A)		1,686		57,678
				6,824,110
IT services – 2.1%
CACI International, Inc., Class A (A)		1,477		268,844
Cardtronics PLC, Class A (A)		1,689		60,095
Conduent, Inc. (A)		5,456		75,456
EPAM Systems, Inc. (A)		5,435		919,222
ExlService Holdings, Inc. (A)		6,177		370,744
LiveRamp Holdings, Inc. (A)		1,735		94,679
ManTech International Corp., Class A		2,961		159,953
Perficient, Inc. (A)		2,608		71,433
Science Applications International Corp.		1,111		85,491
Steel Connect, Inc. (A)		216		434
Sykes Enterprises, Inc. (A)		5,468		154,635
Virtusa Corp. (A)		12,035		643,271
				2,904,257
Semiconductors and semiconductor equipment – 3.0%
Alpha & Omega Semiconductor, Ltd. (A)		3,869		44,532
Amkor Technology, Inc. (A)		19,605		167,427
Amtech Systems, Inc. (A)		2,404		12,813
Axcelis Technologies, Inc. (A)		3,360		67,603
AXT, Inc. (A)		4,229		18,819
Brooks Automation, Inc.		4,413		129,433
Cabot Microelectronics Corp.		4,143		463,850
CEVA, Inc. (A)		663		17,874

Small Cap Opportunities Trust (continued)
	Shares or Principal Amount		Value
COMMON STOCKS (continued)
Semiconductors and semiconductor equipment (continued)
Cirrus Logic, Inc. (A)		1,828	$	76,904
Cohu, Inc.		5,602		82,630
Diodes, Inc. (A)		3,753		130,229
DSP Group, Inc. (A)		1,726		24,285
Entegris, Inc.		13,485		481,280
First Solar, Inc. (A)		3,148		166,340
FormFactor, Inc. (A)		1,299		20,901
GSI Technology, Inc. (A)		3,507		27,249
Kulicke & Soffa Industries, Inc.		7,615		168,368
MACOM Technology Solutions Holdings, Inc. (A)		14,519		242,612
MKS Instruments, Inc.		2,338		217,551
Nanometrics, Inc. (A)		1,358		41,935
NeoPhotonics Corp. (A)		3,808		23,952
ON Semiconductor Corp. (A)		5,198		106,923
PDF Solutions, Inc. (A)		2,193		27,084
Photronics, Inc. (A)		10,302		97,354
Power Integrations, Inc.		6,237		436,216
Rambus, Inc. (A)		5,178		54,110
Rudolph Technologies, Inc. (A)		3,587		81,784
Silicon Laboratories, Inc. (A)		8,163		660,060
Synaptics, Inc. (A)		1,879		74,690
Ultra Clean Holdings, Inc. (A)		2,706		28,007
Veeco Instruments, Inc. (A)		2,996		32,477
Xperi Corp.		1,956		45,770
				4,271,062
Software – 3.4%
Aware, Inc. (A)		2,160		7,819
Bottomline Technologies DE, Inc. (A)		7,795		390,452
HubSpot, Inc. (A)		5,835		969,835
MicroStrategy, Inc., Class A (A)		177		25,532
Mimecast, Ltd. (A)		20,760		982,986
Monotype Imaging Holdings, Inc.		1,489		29,616
OneSpan, Inc. (A)		1,667		32,040
Paylocity Holding Corp. (A)		11,772		1,049,945
Rapid7, Inc. (A)		20,627		1,043,932
RealNetworks, Inc. (A)		766		2,382
Seachange International, Inc. (A)		5,428		7,219
Synchronoss Technologies, Inc. (A)		2,743		16,677
The Rubicon Project, Inc. (A)		4,652		28,284
TiVo Corp.		6,381		59,471
Verint Systems, Inc. (A)		1,228		73,508
				4,719,698
Technology hardware, storage and peripherals – 0.4%
AstroNova, Inc.		1,439		29,341
Electronics For Imaging, Inc. (A)		5,466		147,035
Stratasys, Ltd. (A)		2,906		69,221
Super Micro Computer, Inc. (A)		4,794		101,285
Xerox Corp.		8,939		285,869
				632,751
				20,929,432
Materials – 5.0%
Chemicals – 2.2%
American Vanguard Corp.		2,118		36,472
Ashland Global Holdings, Inc.		2,795		218,373
Balchem Corp.		8,507		789,450
Cabot Corp.		574		23,896
Core Molding Technologies, Inc.		1,000		7,380
Element Solutions, Inc. (A)		14,525		146,703
Flotek Industries, Inc. (A)		1,771		5,738
FutureFuel Corp.		4,276		57,298
Hawkins, Inc.		730		26,886
HB Fuller Company		3,426		166,641
Huntsman Corp.		10,469		235,448

210

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Small Cap Opportunities Trust (continued)
	Shares or Principal Amount		Value
COMMON STOCKS (continued)
Chemicals (continued)
Innophos Holdings, Inc.		1,309	$	39,453
Innospec, Inc.		1,994		166,200
Intrepid Potash, Inc. (A)		5,049		19,136
Kraton Corp. (A)		3,085		99,275
LSB Industries, Inc. (A)		567		3,538
Minerals Technologies, Inc.		2,502		147,093
Olin Corp.		6,642		153,696
PolyOne Corp.		17,136		502,256
PQ Group Holdings, Inc. (A)		1,384		20,995
Rayonier Advanced Materials, Inc.		800		10,848
Stepan Company		1,533		134,168
Trecora Resources (A)		2,774		25,216
Tredegar Corp.		1,654		26,696
Trinseo SA		407		18,437
Tronox Holdings PLC, Class A		4,982		65,513
				3,146,805
Construction materials – 0.1%
Summit Materials, Inc., Class A (A)		1,016		16,124
United States Lime & Minerals, Inc.		686		52,904
				69,028
Containers and packaging – 0.4%
Graphic Packaging Holding Company		12,264		154,894
Greif, Inc., Class A		1,678		69,218
Greif, Inc., Class B		498		24,347
Owens-Illinois, Inc.		677		12,849
Sonoco Products Company		3,704		227,907
				489,215
Metals and mining – 1.7%
Alcoa Corp. (A)		9,078		255,636
Allegheny Technologies, Inc. (A)		4,065		103,942
Ampco-Pittsburgh Corp. (A)		1,644		5,425
Carpenter Technology Corp.		4,255		195,092
Century Aluminum Company (A)		6,579		58,422
Coeur Mining, Inc. (A)		5,562		22,693
Commercial Metals Company		5,611		95,836
Ferroglobe PLC		3,057		6,267
Friedman Industries, Inc.		1,511		11,589
Haynes International, Inc.		458		15,036
Hecla Mining Company		35,139		80,820
Materion Corp.		2,648		151,095
Nexa Resources SA		900		11,205
Olympic Steel, Inc.		2,383		37,818
Reliance Steel & Aluminum Company		6,723		606,818
Schnitzer Steel Industries, Inc., Class A		4,262		102,288
Steel Dynamics, Inc.		6,450		227,492
SunCoke Energy, Inc. (A)		6,433		54,616
Synalloy Corp.		2,039		30,993
TimkenSteel Corp. (A)		2,689		29,203
United States Steel Corp.		9,180		178,918
Universal Stainless & Alloy Products, Inc. (A)		1,562		25,882
Worthington Industries, Inc.		3,622		135,173
				2,442,259
Paper and forest products – 0.6%
Boise Cascade Company		2,384		63,796
Clearwater Paper Corp. (A)		1,597		31,110
Domtar Corp.		5,313		263,790
Louisiana-Pacific Corp.		5,586		136,187
Mercer International, Inc.		9,458		127,778
PH Glatfelter Company		4,610		65,093
Resolute Forest Products, Inc.		9,682		76,488
Schweitzer-Mauduit International, Inc.		1,971		76,317

Small Cap Opportunities Trust (continued)
	Shares or Principal Amount		Value
COMMON STOCKS (continued)
Paper and forest products (continued)
Verso Corp., Class A (A)		1,405	$	30,095
				870,654
				7,017,961
Real estate – 1.2%
Equity real estate investment trusts – 1.0%
Alexander & Baldwin, Inc. (A)		590		15,010
QTS Realty Trust, Inc., Class A		15,493		697,030
STAG Industrial, Inc.		21,666		642,397
				1,354,437
Real estate management and development – 0.2%
Consolidated-Tomoka Land Company		178		10,511
Forestar Group, Inc. (A)		155		2,680
FRP Holdings, Inc. (A)		982		46,714
Griffin Industrial Realty, Inc.		892		31,086
Rafael Holdings, Inc., Class B (A)		500		6,325
RE/MAX Holdings, Inc., Class A		493		19,000
Realogy Holdings Corp. (B)		9,825		112,005
Stratus Properties, Inc. (A)		1,025		27,070
Tejon Ranch Company (A)		1,709		30,078
The St. Joe Company (A)		1,296		21,371
				306,840
				1,661,277
Utilities – 0.1%
Independent power and renewable electricity producers – 0.1%
Ormat Technologies, Inc.		2,763		152,379
TerraForm Power, Inc., Class A		2,320		31,877
				184,256
TOTAL COMMON STOCKS (Cost $127,702,351)			$	139,222,652
SECURITIES LENDING COLLATERAL – 1.2%
John Hancock Collateral Trust, 2.6031% (D)(E)		164,126		1,642,374
TOTAL SECURITIES LENDING COLLATERAL (Cost $1,642,434)			$	1,642,374
SHORT-TERM INVESTMENTS – 0.7%
Money market funds – 0.7%
State Street Institutional Treasury Money Market Fund, Premier Class, 2.3489% (D)		727,810		727,810
State Street Institutional U.S. Government Money Market Fund, Premier Class, 2.3851% (D)		284,477		284,477
				1,012,287
TOTAL SHORT-TERM INVESTMENTS (Cost $1,012,287)			$	1,012,287
Total Investments (Small Cap Opportunities Trust) (Cost $130,357,072) – 101.0%			$	141,877,313
Other assets and liabilities, net – (1.0%)				(1,462,764	)
TOTAL NET ASSETS – 100.0%			$	140,414,549

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 3-31-19. The value of securities on loan amounted to $1,576,117.
(C)	Security is valued using significant unobservable inputs and is classified as Level 3 in the fair value hierarchy.
(D)	The rate shown is the annualized seven-day yield as of 3-31-19.
(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.

211

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Small Cap Stock Trust
	Shares or Principal Amount		Value
COMMON STOCKS – 94.9%
Communication services – 1.4%
Diversified telecommunication services – 0.7%
Bandwidth, Inc., Class A (A)		32,700	$	2,189,592
Wireless telecommunication services – 0.7%
Boingo Wireless, Inc. (A)		90,248		2,100,973
				4,290,565
Consumer discretionary – 17.3%
Auto components – 0.7%
LCI Industries		26,149		2,008,766
Automobiles – 0.7%
Winnebago Industries, Inc.		69,266		2,157,636
Diversified consumer services – 1.1%
Grand Canyon Education, Inc. (A)		29,724		3,403,695
Hotels, restaurants and leisure – 5.4%
Boyd Gaming Corp.		110,873		3,033,485
Marriott Vacations Worldwide Corp.		57,316		5,359,046
Planet Fitness, Inc., Class A (A)		78,769		5,413,006
Shake Shack, Inc., Class A (A)		44,258		2,617,861
				16,423,398
Household durables – 2.3%
Century Communities, Inc. (A)		118,291		2,835,435
Roku, Inc. (A)		16,209		1,045,643
Skyline Champion Corp.		158,543		3,012,317
				6,893,395
Internet and direct marketing retail – 1.5%
Etsy, Inc. (A)		30,998		2,083,686
Wayfair, Inc., Class A (A)		15,436		2,291,474
				4,375,160
Specialty retail – 2.8%
Five Below, Inc. (A)		24,599		3,056,426
Floor & Decor Holdings, Inc., Class A (A)		67,128		2,767,016
Sleep Number Corp. (A)		55,560		2,611,320
				8,434,762
Textiles, apparel and luxury goods – 2.8%
Carter’s, Inc.		47,244		4,761,723
Under Armour, Inc., Class A (A)		14,912		315,240
Under Armour, Inc., Class C (A)		170,512		3,217,561
				8,294,524
				51,991,336
Consumer staples – 2.7%
Beverages – 1.2%
MGP Ingredients, Inc. (B)		48,368		3,731,591
Food and staples retailing – 1.5%
Performance Food Group Company (A)		111,138		4,405,510
				8,137,101
Energy – 1.1%
Oil, gas and consumable fuels – 1.1%
Centennial Resource Development, Inc., Class A (A)		117,831		1,035,734
Viper Energy Partners LP		69,326		2,298,850
				3,334,584
Financials – 5.3%
Banks – 3.7%
BancorpSouth Bank		82,731		2,334,669
CenterState Bank Corp.		75,481		1,797,203
Sterling Bancorp		151,154		2,815,999
Texas Capital Bancshares, Inc. (A)		29,911		1,632,841
Union Bankshares Corp.		76,051		2,458,729
				11,039,441

Small Cap Stock Trust (continued)
	Shares or Principal Amount		Value
COMMON STOCKS (continued)
Consumer finance – 0.7%
Green Dot Corp., Class A (A)		36,808	$	2,232,405
Thrifts and mortgage finance – 0.9%
MGIC Investment Corp. (A)		202,801		2,674,945
				15,946,791
Health care – 27.5%
Biotechnology – 9.1%
Abeona Therapeutics, Inc. (A)(B)		96,175		707,848
Amicus Therapeutics, Inc. (A)		145,981		1,985,342
Apellis Pharmaceuticals, Inc. (A)		49,846		971,997
Arena Pharmaceuticals, Inc. (A)		49,008		2,197,029
Ascendis Pharma A/S, ADR (A)		11,893		1,399,806
CareDx, Inc. (A)		47,278		1,490,203
CytomX Therapeutics, Inc. (A)		43,814		471,001
Exact Sciences Corp. (A)		41,427		3,588,407
G1 Therapeutics, Inc. (A)		46,073		764,812
Galapagos NV, ADR (A)		21,977		2,588,451
Heron Therapeutics, Inc. (A)(B)		65,824		1,608,739
Invitae Corp. (A)		86,911		2,035,456
Karyopharm Therapeutics, Inc. (A)(B)		88,349		515,958
Portola Pharmaceuticals, Inc. (A)(B)		36,517		1,267,140
Ra Pharmaceuticals, Inc. (A)		45,048		1,009,075
Rhythm Pharmaceuticals, Inc. (A)		56,579		1,550,830
Sage Therapeutics, Inc. (A)		9,945		1,581,752
Sangamo Therapeutics, Inc. (A)(B)		88,413		843,460
UroGen Pharma, Ltd. (A)(B)		23,037		850,985
				27,428,291
Health care equipment and supplies – 9.9%
Globus Medical, Inc., Class A (A)		74,924		3,701,995
Haemonetics Corp. (A)		35,990		3,148,405
Hill-Rom Holdings, Inc.		41,665		4,410,657
Insulet Corp. (A)		69,659		6,623,874
Merit Medical Systems, Inc. (A)		79,323		4,904,541
Penumbra, Inc. (A)		25,052		3,682,895
Tandem Diabetes Care, Inc. (A)		54,824		3,481,324
				29,953,691
Health care providers and services – 0.7%
Amedisys, Inc. (A)		17,973		2,215,352
Health care technology – 4.3%
HMS Holdings Corp. (A)		98,580		2,918,954
Omnicell, Inc. (A)		69,643		5,629,940
Teladoc Health, Inc. (A)		26,581		1,477,904
Veeva Systems, Inc., Class A (A)		22,650		2,873,379
				12,900,177
Life sciences tools and services – 1.9%
PRA Health Sciences, Inc. (A)		25,050		2,762,765
Syneos Health, Inc. (A)		54,283		2,809,688
				5,572,453
Pharmaceuticals – 1.6%
Aerie Pharmaceuticals, Inc. (A)		38,853		1,845,518
MyoKardia, Inc. (A)		37,645		1,957,164
Revance Therapeutics, Inc. (A)		71,203		1,122,159
				4,924,841
				82,994,805
Industrials – 10.8%
Aerospace and defense – 0.4%
Axon Enterprise, Inc. (A)		20,476		1,114,099
Commercial services and supplies – 1.7%
The Brink’s Company		67,357		5,079,391
Construction and engineering – 1.0%
Argan, Inc.		63,985		3,196,051

212

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Small Cap Stock Trust (continued)
	Shares or Principal Amount		Value
COMMON STOCKS (continued)
Electrical equipment – 1.4%
EnerSys		64,393	$	4,195,848
Machinery – 4.3%
Actuant Corp., Class A		135,557		3,303,524
ITT, Inc.		91,876		5,328,808
Rexnord Corp. (A)		171,628		4,314,728
				12,947,060
Professional services – 2.0%
CoStar Group, Inc. (A)		5,550		2,588,631
TriNet Group, Inc. (A)		56,436		3,371,487
				5,960,118
				32,492,567
Information technology – 20.7%
Electronic equipment, instruments and components – 1.3%
Zebra Technologies Corp., Class A (A)		19,476		4,080,806
IT services – 2.5%
EPAM Systems, Inc. (A)		20,004		3,383,277
LiveRamp Holdings, Inc. (A)		41,166		2,246,429
Science Applications International Corp.		23,152		1,801,942
				7,431,648
Semiconductors and semiconductor equipment – 2.7%
Entegris, Inc.		102,638		3,663,150
Tower Semiconductor, Ltd. (A)		174,257		2,885,696
Universal Display Corp.		10,044		1,535,225
				8,084,071
Software – 14.2%
2U, Inc. (A)(B)		39,966		2,831,591
Alteryx, Inc., Class A (A)		17,705		1,484,918
DraftKings, Inc. (A)(C)(D)		327,094		762,129
Everbridge, Inc. (A)		47,996		3,600,180
Fair Isaac Corp. (A)		11,383		3,091,964
Five9, Inc. (A)		92,717		4,898,239
Globant SA (A)		40,613		2,899,768
Guidewire Software, Inc. (A)		26,781		2,602,042
HubSpot, Inc. (A)		18,865		3,135,552
Mimecast, Ltd. (A)		112,547		5,329,100
Pivotal Software, Inc., Class A (A)		160,705		3,350,699
Rapid7, Inc. (A)		37,541		1,899,950
The Trade Desk, Inc., Class A (A)		19,809		3,921,192
Zendesk, Inc. (A)		33,654		2,860,590
				42,667,914
				62,264,439
Materials – 2.9%
Chemicals – 1.5%
Cabot Corp.		51,143		2,129,083
Ingevity Corp. (A)		23,279		2,458,495
				4,587,578
Metals and mining – 1.4%
Carpenter Technology Corp.		93,856		4,303,298
				8,890,876
Real estate – 5.2%
Equity real estate investment trusts – 4.1%
Agree Realty Corp.		54,533		3,781,318
Hannon Armstrong Sustainable Infrastructure Capital, Inc.		128,393		3,291,997
NexPoint Residential Trust, Inc.		73,920		2,834,093
Xenia Hotels & Resorts, Inc.		113,563		2,488,165
				12,395,573

Small Cap Stock Trust (continued)
	Shares or Principal Amount		Value
COMMON STOCKS (continued)
Real estate management and development – 1.1%
Kennedy-Wilson Holdings, Inc.		155,262	$	3,321,054
				15,716,627
TOTAL COMMON STOCKS (Cost $252,022,001)			$	286,059,691
PREFERRED SECURITIES – 0.9%
Consumer discretionary – 0.4%
Diversified consumer services – 0.4%
The Honest Company, Inc., Series D (A)(C)(D)		26,954		990,829
Information technology – 0.5%
Software – 0.5%
MarkLogic Corp., Series F (A)(C)(D)		153,423		1,503,545
TOTAL PREFERRED SECURITIES (Cost $3,015,165)			$	2,494,374
SECURITIES LENDING COLLATERAL – 3.3%
John Hancock Collateral Trust, 2.6031% (E)(F)		1,001,960		10,026,413
TOTAL SECURITIES LENDING COLLATERAL (Cost $10,026,747)			$	10,026,413
SHORT-TERM INVESTMENTS – 4.9%
Repurchase agreement – 4.9%
Societe Generale SA Tri-Party Repurchase Agreement dated 3-29-19 at 2.550% to be repurchased at $14,803,145 on 4-1-19, collateralized by $715,000 Federal Home Loan Bank, 1.875% due 12-11-20 (valued at $713,717, including interest), $3,249,740 Federal National Mortgage Association, 4.000% due 2-1-48 (valued at $3,367,010, including interest), $3,738 Government National Mortgage Association, 7.000% due 3-15-32 (valued at $4,390, including interest), $700 U.S. Treasury Bills, 0.000% due 6-20-19 to 2-27-20 (valued at $695, including interest), $178,300 U.S. Treasury Bonds, 3.375% - 4.500% due 5-15-38 to 5-15-44 (valued at $199,748, including interest) and $10,727,600 U.S. Treasury Notes, 2.500% -2.750% due 6-30-20 to 2-28-25 (valued at $10,810,442, including interest)	$	14,800,000		14,800,000
TOTAL SHORT-TERM INVESTMENTS (Cost $14,800,000)			$	14,800,000
Total Investments (Small Cap Stock Trust) (Cost $279,863,913) – 104.0%			$	313,380,478
Other assets and liabilities, net – (4.0%)				(12,031,039	)
TOTAL NET ASSETS – 100.0%			$	301,349,439

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 3-31-19. The value of securities on loan amounted to $9,666,743.
(C)	Direct placement securities are restricted as to resale, and the fund has limited rights to registration under the Securities Act of 1933. For more information on this security refer to the Notes to Portfolio of Investments.
(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 3-31-19.

213

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Small Cap Stock Trust (continued)

(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 Value Trust
	Shares or Principal Amount		Value
COMMON STOCKS – 96.5%
Consumer discretionary – 4.3%
Auto components – 1.8%
Cooper Tire & Rubber Company		132,420	$	3,958,034
Gentherm, Inc. (A)		138,489		5,104,705
				9,062,739
Hotels, restaurants and leisure – 0.2%
Aramark		26,630		786,917
Household durables – 1.9%
Helen of Troy, Ltd. (A)		27,090		3,141,356
TRI Pointe Group, Inc. (A)		490,735		6,202,890
				9,344,246
Specialty retail – 0.4%
The Cato Corp., Class A		144,106		2,158,708
				21,352,610
Consumer staples – 4.0%
Beverages – 1.5%
C&C Group PLC		2,057,693		7,393,955
Food products – 1.5%
Cranswick PLC		187,751		6,666,540
Post Holdings, Inc. (A)		6,705		733,527
				7,400,067
Household products – 1.0%
Spectrum Brands Holdings, Inc. (B)		96,895		5,307,908
				20,101,930
Energy – 5.0%
Energy equipment and services – 2.0%
Era Group, Inc. (A)		223,572		2,580,021
SEACOR Holdings, Inc. (A)		116,913		4,943,082
SEACOR Marine Holdings, Inc. (A)		174,183		2,318,376
				9,841,479
Oil, gas and consumable fuels – 3.0%
Cimarex Energy Company		35,455		2,478,305
Dorian LPG, Ltd. (A)		401,987		2,580,757
Kosmos Energy, Ltd.		597,250		3,720,868
Magnolia Oil & Gas Corp. (A)		248,820		2,985,840
Scorpio Tankers, Inc.		166,972		3,312,723
				15,078,493
				24,919,972
Financials – 19.7%
Banks – 13.9%
1st Source Corp.		103,695		4,656,942
Banc of California, Inc.		460,495		6,373,251
Fifth Third Bancorp		335,168		8,452,933
First Busey Corp.		225,253		5,496,173
First Midwest Bancorp, Inc.		507,646		10,386,437
Flushing Financial Corp.		246,386		5,403,245
Great Western Bancorp, Inc.		250,376		7,909,378
Hancock Whitney Corp.		24,385		985,154
International Bancshares Corp.		222,799		8,473,046
Synovus Financial Corp.		131,558		4,520,333
Union Bankshares Corp.		191,080		6,177,616
Webster Financial Corp.		14,925		756,250
				69,590,758
Capital markets – 1.2%
Ares Capital Corp.		29,511		505,819

Small Cap Value Trust (continued)
	Shares or Principal Amount		Value
COMMON STOCKS (continued)
Capital markets (continued)
Solar Capital, Ltd.		267,334	$	5,571,241
				6,077,060
Insurance – 2.7%
Alleghany Corp. (A)		2,053		1,257,257
Assured Guaranty, Ltd.		13,960		620,243
Kemper Corp.		87,085		6,630,652
Reinsurance Group of America, Inc.		5,630		799,347
White Mountains Insurance Group, Ltd.		4,466		4,133,194
				13,440,693
Thrifts and mortgage finance – 1.9%
Northwest Bancshares, Inc.		540,665		9,175,085
				98,283,596
Health care – 3.5%
Health care equipment and supplies – 0.6%
Natus Medical, Inc. (A)		92,285		2,342,193
STERIS PLC		4,905		627,987
				2,970,180
Health care providers and services – 1.4%
AMN Healthcare Services, Inc. (A)		76,330		3,594,380
CorVel Corp. (A)		53,175		3,469,137
				7,063,517
Health care technology – 1.5%
Allscripts Healthcare Solutions, Inc. (A)		785,182		7,490,636
				17,524,333
Industrials – 32.9%
Aerospace and defense – 0.8%
Astronics Corp. (A)		119,833		3,920,936
Air freight and logistics – 1.5%
Forward Air Corp.		117,095		7,579,559
Building products – 2.9%
American Woodmark Corp. (A)		97,830		8,083,693
Tyman PLC		2,058,859		6,487,024
				14,570,717
Commercial services and supplies – 4.3%
ACCO Brands Corp.		678,500		5,807,960
Clean Harbors, Inc. (A)		11,610		830,463
Matthews International Corp., Class A		122,250		4,517,138
SP Plus Corp. (A)		159,153		5,430,300
Steelcase, Inc., Class A		336,100		4,890,255
				21,476,116
Construction and engineering – 1.9%
Primoris Services Corp.		183,420		3,793,126
Valmont Industries, Inc.		43,470		5,655,447
				9,448,573
Electrical equipment – 1.9%
Thermon Group Holdings, Inc. (A)		387,318		9,493,164
Machinery – 11.8%
Albany International Corp., Class A		103,694		7,423,453
CIRCOR International, Inc. (A)		119,147		3,884,192
ESCO Technologies, Inc.		162,062		10,863,016
Luxfer Holdings PLC		359,479		8,979,785
Mueller Industries, Inc.		415,165		13,011,271
TriMas Corp. (A)		492,191		14,878,934
				59,040,651
Professional services – 6.5%
Forrester Research, Inc.		162,858		7,874,184
FTI Consulting, Inc. (A)		45,640		3,506,065
Huron Consulting Group, Inc. (A)		164,556		7,770,334
ICF International, Inc.		71,595		5,446,948
Mistras Group, Inc. (A)		198,553		2,742,017

214

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Small Cap Value Trust (continued)
	Shares or Principal Amount		Value
COMMON STOCKS (continued)
Professional services (continued)
Navigant Consulting, Inc.		251,510	$	4,896,900
				32,236,448
Trading companies and distributors – 1.3%
GATX Corp.		86,925		6,638,462
				164,404,626
Information technology – 7.0%
Electronic equipment, instruments and components – 4.5%
Belden, Inc.		207,854		11,161,760
Coherent, Inc. (A)		14,580		2,066,278
CTS Corp.		203,830		5,986,487
Keysight Technologies, Inc. (A)		10,760		938,272
ScanSource, Inc. (A)		67,085		2,402,985
				22,555,782
IT services – 2.1%
WNS Holdings, Ltd., ADR (A)		198,069		10,551,136
Semiconductors and semiconductor equipment – 0.4%
Rudolph Technologies, Inc. (A)		92,130		2,100,564
				35,207,482
Materials – 6.0%
Chemicals – 4.5%
Orion Engineered Carbons SA		430,975		8,184,215
Sensient Technologies Corp.		144,610		9,803,112
Stepan Company		50,970		4,460,894
				22,448,221
Containers and packaging – 0.2%
Sealed Air Corp.		21,250		978,775
Paper and forest products – 1.3%
Neenah, Inc.		101,185		6,512,267
				29,939,263
Real estate – 12.1%
Equity real estate investment trusts – 12.1%
Alexander & Baldwin, Inc. (A)		383,870		9,765,653
Brandywine Realty Trust		405,990		6,439,001
Corporate Office Properties Trust		290,477		7,930,022
DiamondRock Hospitality Company		465,233		5,038,473
Physicians Realty Trust		524,700		9,869,607
PotlatchDeltic Corp.		229,767		8,682,895
RPT Realty		669,022		8,034,954
Summit Hotel Properties, Inc.		435,804		4,972,524
				60,733,129
Utilities – 2.0%
Gas utilities – 2.0%
New Jersey Resources Corp.		86,563		4,309,972
Spire, Inc.		56,000		4,608,240
UGI Corp.		18,665		1,034,414
				9,952,626
TOTAL COMMON STOCKS (Cost $419,832,672)			$	482,419,567
SECURITIES LENDING COLLATERAL – 0.3%
John Hancock Collateral Trust, 2.6031% (C)(D)		135,421		1,355,126
TOTAL SECURITIES LENDING COLLATERAL (Cost $1,355,200)			$	1,355,126

Small Cap Value Trust (continued)
	Shares or Principal Amount		Value
SHORT-TERM INVESTMENTS – 3.4%
Repurchase agreement – 3.4%
Bank of America Tri-Party Repurchase Agreement dated 3-29-19 at 2.550% to be repurchased at $17,203,655 on 4-1-19, collateralized by $16,184,523 Government National Mortgage Association, 4.560% - 4.608% due 12-20-68 to 12-20-69 (valued at $17,544,001, including interest)	$	17,200,000	$	17,200,000
TOTAL SHORT-TERM INVESTMENTS (Cost $17,200,000)			$	17,200,000
Total Investments (Small Cap Value Trust) (Cost $438,387,872) – 100.2%			$	500,974,693
Other assets and liabilities, net – (0.2%)				(867,823	)
TOTAL NET ASSETS – 100.0%			$	500,106,870

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 3-31-19. The value of securities on loan amounted to $1,324,466.
(C)	The rate shown is the annualized seven-day yield as of 3-31-19.
(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.

Small Company Value Trust
	Shares or Principal Amount		Value
COMMON STOCKS – 98.5%
Communication services – 2.0%
Entertainment – 0.5%
Rosetta Stone, Inc. (A)		30,113	$	657,969
Media – 1.5%
Cable One, Inc.		1,654		1,623,203
Scholastic Corp.		11,920		473,939
				2,097,142
				2,755,111
Consumer discretionary – 9.2%
Auto components – 2.1%
Dorman Products, Inc. (A)		13,874		1,222,161
Garrett Motion, Inc. (A)(B)		52,431		772,309
LCI Industries		8,960		688,307
Visteon Corp. (A)		4,500		303,075
				2,985,852
Distributors – 1.0%
Pool Corp.		8,604		1,419,402
Diversified consumer services – 1.5%
American Public Education, Inc. (A)		21,607		650,803
Strategic Education, Inc.		11,533		1,514,398
				2,165,201
Hotels, restaurants and leisure – 0.5%
Marriott Vacations Worldwide Corp.		4,579		428,137
Red Robin Gourmet Burgers, Inc. (A)		10,010		288,388
				716,525
Household durables – 0.7%
Cavco Industries, Inc. (A)		7,059		829,644
CSS Industries, Inc.		16,896		101,207
				930,851
Specialty retail – 2.3%
Aaron’s, Inc.		29,936		1,574,634
Express, Inc. (A)		36,465		156,070

215

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Small Company Value Trust (continued)
	Shares or Principal Amount		Value
COMMON STOCKS (continued)
Specialty retail (continued)
Lumber Liquidators
Holdings, Inc. (A)(B)		35,356	$	357,096
Monro, Inc.		9,200		795,984
Party City Holdco, Inc. (A)(B)		39,937		317,100
				3,200,884
Textiles, apparel and luxury goods – 1.1%
Culp, Inc.		23,855		458,732
Steven Madden, Ltd.		29,980		1,014,523
				1,473,255
				12,891,970
Consumer staples – 3.2%
Food and staples retailing – 0.5%
BJ’s Wholesale Club Holdings, Inc. (A)		11,370		311,538
PriceSmart, Inc.		4,979		293,164
SpartanNash Company		8,558		135,815
				740,517
Food products – 2.7%
Nomad Foods, Ltd. (A)		97,000		1,983,650
Post Holdings, Inc. (A)		10,300		1,126,820
The Simply Good Foods Company (A)		35,222		725,221
				3,835,691
				4,576,208
Energy – 5.2%
Energy equipment and services – 1.8%
Apergy Corp. (A)		6,900		283,314
Cactus, Inc., Class A (A)		7,877		280,421
Frank’s International NV (A)(B)		63,900		396,819
Keane Group, Inc. (A)		81,976		892,719
Oceaneering International, Inc. (A)		14,840		234,027
TETRA Technologies, Inc. (A)		195,700		457,938
				2,545,238
Oil, gas and consumable fuels – 3.4%
Centennial Resource Development, Inc., Class A (A)(B)		80,611		708,571
International Seaways, Inc. (A)		36,207		620,583
Jagged Peak Energy, Inc. (A)(B)		43,377		454,157
Kosmos Energy, Ltd. (B)		67,977		423,497
Matador Resources Company (A)		41,096		794,386
REX American Resources Corp. (A)		7,800		628,758
WPX Energy, Inc. (A)		83,790		1,098,487
				4,728,439
				7,273,677
Financials – 23.4%
Banks – 13.6%
Atlantic Capital Bancshares, Inc. (A)		24,976		445,322
BankUnited, Inc.		43,700		1,459,580
BOK Financial Corp.		8,616		702,635
Columbia Banking System, Inc.		37,200		1,216,068
East West Bancorp, Inc.		16,900		810,693
FB Financial Corp.		22,013		699,133
Glacier Bancorp, Inc.		28,007		1,122,240
Heritage Commerce Corp.		30,490		368,929
Heritage Financial Corp.		22,760		685,986
Home BancShares, Inc.		116,600		2,048,662
Hope Bancorp, Inc.		49,994		653,922
Howard Bancorp, Inc. (A)		23,380		346,258
Live Oak Bancshares, Inc.		17,569		256,683
National Bank Holdings Corp., Class A		34,036		1,132,037
Origin Bancorp, Inc.		14,300		486,915
Pinnacle Financial Partners, Inc.		12,402		678,389
Popular, Inc.		19,970		1,041,036

Small Company Value Trust (continued)
	Shares or Principal Amount		Value
COMMON STOCKS (continued)
Banks (continued)
Prosperity Bancshares, Inc.		16,308	$	1,126,230
SVB Financial Group (A)		1,580		351,329
Texas Capital Bancshares, Inc. (A)		12,830		700,390
Towne Bank		43,768		1,083,258
Webster Financial Corp.		18,755		950,316
Wintrust Financial Corp.		11,670		785,741
				19,151,752
Capital markets – 2.0%
Cboe Global Markets, Inc.		3,340		318,770
Hercules Capital, Inc.		60,627		767,538
Houlihan Lokey, Inc.		15,662		718,103
Main Street Capital Corp. (B)		15,220		566,184
Virtus Investment Partners, Inc.		4,800		468,240
				2,838,835
Consumer finance – 1.2%
Green Dot Corp., Class A (A)		26,485		1,606,315
Insurance – 2.2%
Assured Guaranty, Ltd.		8,500		377,655
Employers Holdings, Inc.		15,150		607,667
ProAssurance Corp.		21,560		746,192
Safety Insurance Group, Inc.		6,546		570,418
State Auto Financial Corp.		23,897		786,689
				3,088,621
Mortgage real estate investment trusts – 0.4%
Capstead Mortgage Corp.		15,652		134,451
Redwood Trust, Inc.		28,500		460,275
				594,726
Thrifts and mortgage finance – 4.0%
Meridian Bancorp, Inc.		48,443		760,071
PCSB Financial Corp.		26,303		514,750
PDL Community Bancorp (A)		26,297		366,843
PennyMac Financial Services, Inc.		29,785		662,418
Radian Group, Inc.		52,750		1,094,035
Sterling Bancorp, Inc.		33,450		339,183
United Financial Bancorp, Inc.		35,660		511,721
WSFS Financial Corp.		35,859		1,384,157
				5,633,178
				32,913,427
Health care – 7.6%
Biotechnology – 0.7%
Array BioPharma, Inc. (A)		6,300		153,594
Momenta Pharmaceuticals, Inc. (A)		29,383		426,935
Ultragenyx Pharmaceutical, Inc. (A)		2,038		141,356
Xencor, Inc. (A)		9,100		282,646
				1,004,531
Health care equipment and supplies – 4.0%
Atrion Corp.		2,234		1,962,971
Avanos Medical, Inc. (A)		26,211		1,118,685
Quidel Corp. (A)		29,200		1,911,724
West Pharmaceutical Services, Inc.		5,845		644,119
				5,637,499
Health care providers and services – 2.9%
Molina Healthcare, Inc. (A)		10,213		1,449,837
Patterson Companies, Inc.		9,900		216,315
Select Medical Holdings Corp. (A)		58,694		826,998
The Ensign Group, Inc.		30,787		1,575,987
				4,069,137
				10,711,167
Industrials – 13.6%
Aerospace and defense – 1.8%
Cubic Corp.		19,378		1,089,819

216

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Small Company Value Trust (continued)
	Shares or Principal Amount		Value
COMMON STOCKS (continued)
Aerospace and defense (continued)
Triumph Group, Inc.		72,726	$	1,386,158
				2,475,977
Building products – 0.6%
Universal Forest Products, Inc.		29,014		867,228
Commercial services and supplies – 2.6%
Brady Corp., Class A		13,590		630,712
McGrath RentCorp		16,152		913,719
MSA Safety, Inc.		6,902		713,667
Stericycle, Inc. (A)		18,321		997,029
The Brink’s Company		5,050		380,821
				3,635,948
Construction and engineering – 0.7%
Aegion Corp. (A)		52,605		924,270
Electrical equipment – 0.4%
Thermon Group Holdings, Inc. (A)		21,369		523,754
Machinery – 3.1%
Blue Bird Corp. (A)(B)		24,000		406,320
CIRCOR International, Inc. (A)		26,312		857,771
ESCO Technologies, Inc.		16,944		1,135,756
Hillenbrand, Inc.		10,372		430,749
Lydall, Inc. (A)		2,818		66,110
RBC Bearings, Inc. (A)		4,695		597,063
Sun Hydraulics Corp.		19,556		909,550
				4,403,319
Marine – 0.4%
Kirby Corp. (A)		7,300		548,303
Professional services – 1.4%
FTI Consulting, Inc. (A)		17,119		1,315,082
Huron Consulting Group, Inc. (A)		8,062		380,688
Navigant Consulting, Inc.		14,500		282,315
Upwork, Inc. (A)(B)		2,941		56,291
				2,034,376
Road and rail – 2.3%
Genesee & Wyoming, Inc., Class A (A)		12,402		1,080,710
Landstar System, Inc.		15,641		1,710,969
Universal Logistics Holdings, Inc.		20,249		398,500
				3,190,179
Trading companies and distributors – 0.3%
Beacon Roofing Supply, Inc. (A)		14,300		459,888
				19,063,242
Information technology – 11.7%
Communications equipment – 0.7%
Harmonic, Inc. (A)		179,226		971,405
Electronic equipment, instruments and components – 4.4%
Belden, Inc.		41,100		2,207,070
Knowles Corp. (A)		62,544		1,102,651
Littelfuse, Inc.		11,335		2,068,411
Mesa Laboratories, Inc.		3,167		729,994
Methode Electronics, Inc.		1,515		43,602
				6,151,728
IT services – 1.6%
Conduent, Inc. (A)		64,805		896,253
GTT Communications, Inc. (A)(B)		21,900		759,930
I3 Verticals, Inc., Class A (A)		22,024		529,016
				2,185,199
Semiconductors and semiconductor equipment – 2.1%
Cabot Microelectronics Corp.		9,622		1,077,279
Cypress Semiconductor Corp.		18,400		274,528
Entegris, Inc.		12,600		449,694
MaxLinear, Inc. (A)		31,575		806,110

Small Company Value Trust (continued)
	Shares or Principal Amount		Value
COMMON STOCKS (continued)
Semiconductors and semiconductor equipment (continued)
Rudolph Technologies, Inc. (A)		15,000	$	342,000
				2,949,611
Software – 2.8%
Ceridian HCM Holding, Inc. (A)		17,222		883,489
Cision, Ltd. (A)		60,107		827,673
Lightspeed POS, Inc. (A)		6,485		100,016
Q2 Holdings, Inc. (A)		10,200		706,452
RealPage, Inc. (A)		9,606		582,988
The Descartes Systems Group, Inc. (A)		3,154		114,743
Zendesk, Inc. (A)		9,040		768,400
				3,983,761
Technology hardware, storage and peripherals – 0.1%
Cray, Inc. (A)		6,176		160,885
				16,402,589
Materials – 3.8%
Chemicals – 1.5%
American Vanguard Corp.		25,560		440,143
Minerals Technologies, Inc.		13,500		793,665
Quaker Chemical Corp.		4,261		853,606
				2,087,414
Containers and packaging – 0.7%
Myers Industries, Inc.		57,250		979,548
Metals and mining – 1.5%
Carpenter Technology Corp.		21,910		1,004,574
Constellium NV, Class A (A)		63,000		502,740
Reliance Steel & Aluminum Company		6,786		612,504
				2,119,818
Paper and forest products – 0.1%
Clearwater Paper Corp. (A)		9,160		178,437
				5,365,217
Real estate – 11.2%
Equity real estate investment trusts – 10.6%
Acadia Realty Trust		23,000		627,210
American Campus Communities, Inc.		18,154		863,767
Cedar Realty Trust, Inc.		228,417		776,618
Douglas Emmett, Inc.		17,400		703,308
EastGroup Properties, Inc.		13,655		1,524,444
Hannon Armstrong Sustainable Infrastructure Capital, Inc.		34,890		894,580
Healthcare Realty Trust, Inc.		38,359		1,231,707
JBG SMITH Properties		27,753		1,147,587
Kilroy Realty Corp.		10,640		808,214
PotlatchDeltic Corp.		21,414		809,235
PS Business Parks, Inc.		7,329		1,149,407
QTS Realty Trust, Inc., Class A		8,286		372,787
Saul Centers, Inc.		14,500		744,865
Sunstone Hotel Investors, Inc.		72,067		1,037,765
Terreno Realty Corp.		34,900		1,467,196
Washington Real Estate Investment Trust		27,738		787,204
				14,945,894
Real estate management and development – 0.6%
The St. Joe Company (A)		47,400		781,626
				15,727,520
Utilities – 7.6%
Electric utilities – 2.3%
MGE Energy, Inc.		8,420		572,307
PNM Resources, Inc.		40,187		1,902,453
Portland General Electric Company		16,000		829,440
				3,304,200
Gas utilities – 3.8%
Atmos Energy Corp.		6,802		700,130

217

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Small Company Value Trust (continued)
	Shares or Principal Amount		Value
COMMON STOCKS (continued)
Gas utilities (continued)
Chesapeake Utilities Corp.		18,619	$	1,698,239
ONE Gas, Inc.		20,653		1,838,737
RGC Resources, Inc.		6,884		182,495
Southwest Gas Holdings, Inc.		10,532		866,362
				5,285,963
Multi-utilities – 0.9%
NorthWestern Corp.		17,725		1,248,017
Water utilities – 0.6%
California Water Service Group		16,395		889,921
				10,728,101
TOTAL COMMON STOCKS (Cost $114,469,577)			$	138,408,229
SECURITIES LENDING COLLATERAL – 2.9%
John Hancock Collateral Trust, 2.6031% (C)(D)		410,178		4,104,570
TOTAL SECURITIES LENDING COLLATERAL (Cost $4,104,660)			$	4,104,570
SHORT-TERM INVESTMENTS – 1.1%
Money market funds – 1.1%
State Street Institutional U.S. Government Money Market Fund, Premier Class, 2.3851% (C)		506,521		506,521
T. Rowe Price Government Reserve Fund, 2.4853% (C)		1,004,694		1,004,694
				1,511,215
TOTAL SHORT-TERM INVESTMENTS (Cost $1,511,215)			$	1,511,215
Total Investments (Small Company Value Trust) (Cost $120,085,452) – 102.5%			$	144,024,014
Other assets and liabilities, net – (2.5%)				(3,447,468	)
TOTAL NET ASSETS – 100.0%			$	140,576,546

Security Abbreviations and Legend
(A)	Non-income producing security.
(B)	All or a portion of this security is on loan as of 3-31-19. The value of securities on loan amounted to $3,972,004.
(C)	The rate shown is the annualized seven-day yield as of 3-31-19.
(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 – 97.2%
Communication services – 7.6%
Diversified telecommunication services – 1.9%
AT&T, Inc.		1,679,890	$	52,681,350
ATN International, Inc.		1,861		104,942
Bezeq The Israeli Telecommunication Corp., Ltd.		505,834		363,825
BT Group PLC		1,943,533		5,646,582
CenturyLink, Inc.		219,401		2,630,618
Cincinnati Bell, Inc. (A)		8,409		80,222
Cogent Communications Holdings, Inc.		7,241		392,824
Consolidated Communications Holdings, Inc.		12,503		136,408
Deutsche Telekom AG		768,187		12,762,037
Elisa OYJ		32,770		1,479,412
Frontier Communications Corp. (A)(B)		19,086		37,981
HKT Trust & HKT, Ltd.		873,421		1,404,441
Iliad SA		6,109		613,833

Strategic Equity Allocation Trust (continued)
	Shares or Principal Amount		Value
COMMON STOCKS (continued)
Diversified telecommunication services (continued)
Intelsat SA (A)(B)		9,724	$	152,278
Iridium Communications, Inc. (A)		16,723		442,156
Koninklijke KPN NV		775,198		2,460,766
Nippon Telegraph & Telephone Corp.		148,358		6,324,662
Ooma, Inc. (A)		3,704		49,041
Orange SA		459,684		7,494,251
ORBCOMM, Inc. (A)		13,700		92,886
PCCW, Ltd.		981,317		610,101
pdvWireless, Inc. (A)		1,749		61,495
Proximus SADP		35,031		1,012,423
Singapore Telecommunications, Ltd.		1,437,549		3,209,635
Singapore Telecommunications, Ltd.		445,005		993,238
Spark New Zealand, Ltd.		423,970		1,098,243
Swisscom AG (B)		5,971		2,921,433
Telecom Italia SpA (A)(B)		2,624,099		1,634,407
Telecom Italia SpA		1,391,002		789,976
Telefonica Deutschland Holding AG		171,657		539,759
Telefonica SA		1,076,914		9,021,177
Telenor ASA		169,599		3,396,041
Telia Company AB		648,402		2,922,763
Telstra Corp., Ltd.		959,350		2,262,205
TPG Telecom, Ltd.		85,566		422,517
United Internet AG		28,328		1,035,841
Verizon Communications, Inc.		952,799		56,339,005
Vonage Holdings Corp. (A)		38,430		385,837
				184,006,611
Entertainment – 1.3%
Activision Blizzard, Inc.		176,143		8,019,791
AMC Entertainment Holdings, Inc., Class A		9,092		135,016
Cinemark Holdings, Inc.		44,249		1,769,518
DeNA Company, Ltd.		26,000		391,929
Electronic Arts, Inc. (A)		69,090		7,021,617
Eros International PLC (A)(B)		5,969		54,557
Glu Mobile, Inc. (A)		19,582		214,227
IMAX Corp. (A)		9,305		211,037
Konami Holdings Corp.		21,409		931,499
Liberty Media Corp.-Liberty Braves, Class A (A)		1,897		53,002
Liberty Media Corp.-Liberty Braves, Class C (A)		6,214		172,563
Live Nation Entertainment, Inc. (A)		57,454		3,650,627
LiveXLive Media, Inc. (A)		5,469		29,423
Netflix, Inc. (A)		100,676		35,897,035
Nexon Company, Ltd. (A)		102,906		1,618,332
Nintendo Company, Ltd.		26,139		7,493,812
Reading International, Inc., Class A (A)		3,320		52,987
Rosetta Stone, Inc. (A)		3,604		78,747
Take-Two Interactive Software, Inc. (A)		26,100		2,463,057
The Marcus Corp.		3,434		137,532
The Walt Disney Company		406,646		45,149,909
Toho Company, Ltd.		26,108		1,050,240
Ubisoft Entertainment SA (A)		18,128		1,616,523
Viacom, Inc., Class B		81,616		2,290,961
Vivendi SA		240,583		6,972,108
World Wrestling Entertainment, Inc., Class A		25,641		2,225,126
				129,701,175
Interactive media and services – 2.7%
Alphabet, Inc., Class A (A)		69,033		81,244,247
Alphabet, Inc., Class C (A)		70,874		83,157,173
Auto Trader Group PLC (C)		216,226		1,470,637
Care.com, Inc. (A)		3,543		70,010
Cargurus, Inc. (A)		8,703		348,642
Cars.com, Inc. (A)		37,715		859,902

218

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Strategic Equity Allocation Trust (continued)
	Shares or Principal Amount		Value
COMMON STOCKS (continued)
Interactive media and services (continued)
Facebook, Inc., Class A (A)		550,082	$	91,693,169
Kakaku.com, Inc.		31,500		606,853
Liberty TripAdvisor Holdings, Inc., Class A (A)		12,722		180,525
LINE Corp. (A)		16,600		584,566
QuinStreet, Inc. (A)		7,854		105,165
REA Group, Ltd.		12,134		644,388
The Meet Group, Inc. (A)		12,701		63,886
TripAdvisor, Inc. (A)		24,184		1,244,267
TrueCar, Inc. (A)		16,871		112,023
Twitter, Inc. (A)		167,994		5,523,643
Yahoo Japan Corp.		652,454		1,600,242
Yelp, Inc. (A)		45,455		1,568,198
				271,077,536
Media – 1.1%
AMC Networks, Inc., Class A (A)		18,592		1,055,282
Axel Springer SE		11,182		578,033
Boston Omaha Corp., Class A (A)		936		23,344
Cable One, Inc.		2,059		2,020,661
CBS Corp., Class B		80,034		3,804,016
Central European Media Enterprises, Ltd., Class A (A)		17,106		68,082
Charter Communications, Inc., Class A (A)		40,020		13,883,338
Clear Channel Outdoor Holdings, Inc., Class A (A)		6,988		37,386
Comcast Corp., Class A		1,041,531		41,640,409
CyberAgent, Inc.		23,300		953,446
Daily Journal Corp. (A)		210		44,961
Dentsu, Inc.		49,865		2,110,402
Discovery, Inc., Series A (A)(B)		36,937		998,038
Discovery, Inc., Series C (A)		82,469		2,096,362
DISH Network Corp., Class A (A)		52,487		1,663,313
Emerald Expositions Events, Inc.		4,586		58,242
Entercom Communications Corp., Class A		22,689		119,117
Entravision Communications Corp., Class A		12,315		39,901
Eutelsat Communications SA		40,207		704,104
Fluent, Inc. (A)(B)		6,036		33,922
Fox Corp., Class A (A)		81,325		2,985,441
Fox Corp., Class B (A)		37,479		1,344,747
Gannett Company, Inc.		19,590		206,479
Gray Television, Inc. (A)		13,956		298,100
Hakuhodo DY Holdings, Inc.		53,673		864,253
Hemisphere Media Group, Inc. (A)		3,650		51,465
Informa PLC		288,300		2,795,653
ITV PLC		834,364		1,382,493
JCDecaux SA		17,129		521,305
John Wiley & Sons, Inc., Class A		18,828		832,574
Liberty Latin America, Ltd., Class A (A)		7,794		150,736
Liberty Latin America, Ltd., Class C (A)		19,608		381,376
Loral Space & Communications, Inc. (A)		2,226		80,247
Media General, Inc. (A)(D)		23,288		2,236
Meredith Corp. (B)		23,422		1,294,300
MSG Networks, Inc., Class A (A)		10,283		223,655
National CineMedia, Inc.		13,853		97,664
New Media Investment Group, Inc.		10,665		111,983
News Corp., Class A		86,398		1,074,791
News Corp., Class B		29,259		365,445
Nexstar Media Group, Inc., Class A		7,788		843,986
Omnicom Group, Inc.		51,602		3,766,430
Pearson PLC		179,927		1,962,949
ProSiebenSat.1 Media SE		53,662		763,981
Publicis Groupe SA		48,761		2,610,759

Strategic Equity Allocation Trust (continued)
	Shares or Principal Amount		Value
COMMON STOCKS (continued)
Media (continued)
RTL Group SA		8,905	$	486,765
Schibsted ASA, B Shares		22,573		809,266
Scholastic Corp.		4,964		197,369
SES SA		83,938		1,306,029
Sinclair Broadcast Group, Inc., Class A		11,758		452,448
Singapore Press Holdings, Ltd.		369,132		657,749
TechTarget, Inc. (A)		3,575		58,165
TEGNA, Inc.		127,347		1,795,593
Telenet Group Holding NV		12,176		585,542
The EW Scripps Company, Class A		7,940		166,740
The Interpublic Group of Companies, Inc.		88,300		1,855,183
The New York Times Company, Class A (B)		81,763		2,685,915
Tribune Publishing Company (A)		3,475		40,970
WideOpenWest, Inc. (A)		5,611		51,060
WPP PLC		290,716		3,071,139
				111,165,340
Wireless telecommunication services – 0.6%
1&1 Drillisch AG		12,213		435,231
Boingo Wireless, Inc. (A)		7,257		168,943
Gogo, Inc. (A)(B)		10,767		48,344
KDDI Corp.		408,443		8,796,753
Millicom International Cellular SA		15,231		925,002
NII Holdings, Inc. (A)		16,052		31,462
NTT DOCOMO, Inc.		307,452		6,814,254
Shenandoah Telecommunications Company		8,099		359,272
Softbank Corp. (B)		386,000		4,348,751
SoftBank Group Corp.		190,287		18,548,535
Spok Holdings, Inc.		3,708		50,503
Tele2 AB, B Shares		115,028		1,534,849
Telephone & Data Systems, Inc.		38,939		1,196,595
Vodafone Group PLC		6,157,893		11,221,209
				54,479,703
				750,430,365
Consumer discretionary – 10.2%
Auto components – 0.5%
Adient PLC		36,155		468,569
Aisin Seiki Company, Ltd.		37,358		1,337,381
American Axle & Manufacturing Holdings, Inc. (A)		19,307		276,283
Aptiv PLC		59,965		4,766,618
BorgWarner, Inc.		47,925		1,840,799
Bridgestone Corp.		140,406		5,410,328
Cie Generale des Etablissements Michelin SCA		39,359		4,650,031
Continental AG		25,358		3,825,481
Cooper Tire & Rubber Company		8,725		260,790
Cooper-Standard Holdings, Inc. (A)		3,133		147,126
Dana, Inc.		85,002		1,507,935
Delphi Technologies PLC		36,833		709,404
Denso Corp.		99,895		3,902,820
Dorman Products, Inc. (A)		4,644		409,090
Faurecia SA		17,485		736,037
Fox Factory Holding Corp. (A)		6,291		439,678
Gentex Corp.		107,730		2,227,856
Gentherm, Inc. (A)		5,971		220,091
Koito Manufacturing Company, Ltd.		24,066		1,368,226
LCI Industries		4,258		327,100
Minth Group, Ltd.		172,000		542,342
Modine Manufacturing Company (A)		8,691		120,544
Motorcar Parts of America, Inc. (A)(B)		3,460		65,290
NGK Spark Plug Company, Ltd.		36,099		672,360

219

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Strategic Equity Allocation Trust (continued)
	Shares or Principal Amount		Value
COMMON STOCKS (continued)
Auto components (continued)
Nokian Renkaat OYJ		27,061	$	906,940
Pirelli & C. SpA (A)(C)		92,285		595,018
Standard Motor Products, Inc.		3,662		179,804
Stanley Electric Company, Ltd.		30,367		818,318
Stoneridge, Inc. (A)		4,726		136,392
Sumitomo Electric Industries, Ltd.		173,843		2,312,647
Sumitomo Rubber Industries, Ltd.		39,456		473,890
Superior Industries International, Inc.		4,905		23,348
Tenneco, Inc., Class A		8,822		195,496
The Goodyear Tire & Rubber Company		96,473		1,750,985
The Yokohama Rubber Company, Ltd.		27,354		509,201
Tower International, Inc.		3,542		74,488
Toyoda Gosei Company, Ltd.		15,003		318,530
Toyota Industries Corp.		33,853		1,701,076
Valeo SA		55,364		1,607,367
Visteon Corp. (A)		11,731		790,083
				48,625,762
Automobiles – 1.1%
Bayerische Motoren Werke AG		76,300		5,891,431
Daimler AG		209,600		12,300,009
Ferrari NV		28,262		3,796,949
Fiat Chrysler Automobiles NV (A)		250,097		3,735,371
Ford Motor Company		901,336		7,913,730
General Motors Company		302,281		11,214,625
Harley-Davidson, Inc.		36,824		1,313,144
Honda Motor Company, Ltd.		375,773		10,206,279
Isuzu Motors, Ltd.		127,146		1,675,132
Mazda Motor Corp.		131,100		1,469,881
Mitsubishi Motors Corp. (B)		154,537		823,398
Nissan Motor Company, Ltd. (B)		534,976		4,393,299
Peugeot SA		135,523		3,306,982
Renault SA		44,280		2,927,693
Subaru Corp.		141,827		3,238,288
Suzuki Motor Corp.		79,243		3,512,675
Thor Industries, Inc.		21,729		1,355,238
Toyota Motor Corp.		526,500		31,016,523
Volkswagen AG		7,550		1,230,857
Winnebago Industries, Inc.		5,504		171,450
Yamaha Motor Company, Ltd.		64,513		1,268,995
				112,761,949
Distributors – 0.1%
Core-Mark Holding Company, Inc.		7,961		295,592
Funko, Inc., Class A (A)		1,989		43,201
Genuine Parts Company		33,657		3,770,594
Jardine Cycle & Carriage, Ltd.		22,867		549,268
LKQ Corp. (A)		72,612		2,060,729
Pool Corp.		16,373		2,701,054
Weyco Group, Inc.		1,134		35,109
				9,455,547
Diversified consumer services – 0.1%
Adtalem Global Education, Inc. (A)		33,977		1,573,815
American Public Education, Inc. (A)		2,871		86,475
Benesse Holdings, Inc.		16,555		430,814
Career Education Corp. (A)		11,823		195,316
Carriage Services, Inc.		3,332		64,141
Chegg, Inc. (A)		18,834		717,952
Graham Holdings Company, Class B		1,806		1,233,823
H&R Block, Inc.		46,354		1,109,715
Houghton Mifflin Harcourt Company (A)		18,302		133,056
K12, Inc. (A)		6,413		218,876
Laureate Education, Inc., Class A (A)		16,370		245,059
Regis Corp. (A)		5,444		107,083
Service Corp. International		75,318		3,024,018
Sotheby’s (A)		19,509		736,465

Strategic Equity Allocation Trust (continued)
	Shares or Principal Amount		Value
COMMON STOCKS (continued)
Diversified consumer services (continued)
Strategic Education, Inc.		3,633	$	477,049
Weight Watchers International, Inc. (A)		22,923		461,898
				10,815,555
Hotels, restaurants and leisure – 1.9%
Accor SA		43,458		1,760,450
Aristocrat Leisure, Ltd.		132,454		2,310,088
BBX Capital Corp.		12,160		71,987
Belmond, Ltd., Class A (A)		15,456		385,318
Biglari Holdings, Inc., Class B (A)		261		36,895
BJ’s Restaurants, Inc.		3,659		172,998
Bloomin’ Brands, Inc.		14,421		294,909
Bluegreen Vacations Corp.		1,539		22,870
Boyd Gaming Corp.		47,495		1,299,463
Brinker International, Inc.		22,080		979,910
Caesars Entertainment Corp. (A)		242,526		2,107,551
Carnival Corp.		92,347		4,683,840
Carnival PLC		38,975		1,926,445
Carrols Restaurant Group, Inc. (A)		6,389		63,698
Century Casinos, Inc. (A)		5,502		49,848
Chipotle Mexican Grill, Inc. (A)		5,613		3,986,970
Churchill Downs, Inc.		20,838		1,880,838
Chuy’s Holdings, Inc. (A)		2,956		67,308
Compass Group PLC		365,602		8,602,027
Cracker Barrel Old Country Store, Inc. (B)		13,314		2,151,676
Crown Resorts, Ltd.		86,463		707,116
Darden Restaurants, Inc.		28,494		3,461,166
Dave & Buster’s Entertainment, Inc.		6,735		335,874
Del Frisco’s Restaurant Group, Inc. (A)		6,604		42,332
Del Taco Restaurants, Inc. (A)		5,680		57,141
Denny’s Corp. (A)		10,716		196,639
Dine Brands Global, Inc.		2,910		265,654
Domino’s Pizza Enterprises, Ltd.		13,814		425,966
Domino’s Pizza, Inc.		17,053		4,401,379
Drive Shack, Inc. (A)		11,727		52,654
Dunkin’ Brands Group, Inc.		34,282		2,574,578
El Pollo Loco Holdings, Inc. (A)		3,805		49,503
Eldorado Resorts, Inc. (A)		38,477		1,796,491
Fiesta Restaurant Group, Inc. (A)		4,340		56,897
Flight Centre Travel Group, Ltd.		12,826		383,155
Galaxy Entertainment Group, Ltd.		548,153		3,735,670
Genting Singapore, Ltd.		1,393,821		1,072,158
Golden Entertainment, Inc. (A)		3,469		49,121
GVC Holdings PLC		127,334		928,341
Hilton Worldwide Holdings, Inc.		67,588		5,617,239
InterContinental Hotels Group PLC		39,663		2,387,017
International Speedway Corp., Class A		14,016		611,518
J Alexander’s Holdings, Inc. (A)		2,692		26,435
Jack in the Box, Inc.		15,192		1,231,464
Lindblad Expeditions Holdings, Inc. (A)		4,007		61,107
Marriott International, Inc., Class A		65,044		8,136,354
Marriott Vacations Worldwide Corp.		23,095		2,159,383
McDonald’s Corp.		176,476		33,512,792
McDonald’s Holdings Company Japan, Ltd.		15,361		710,653
Melco Resorts & Entertainment, Ltd., ADR		57,000		1,287,630
Merlin Entertainments PLC (C)		165,091		739,026
MGM China Holdings, Ltd.		218,972		459,194
MGM Resorts International		116,737		2,995,471
Monarch Casino & Resort, Inc. (A)		2,020		88,718
Nathan’s Famous, Inc.		560		38,304
Norwegian Cruise Line Holdings, Ltd. (A)		50,201		2,759,047
Oriental Land Company, Ltd. (B)		46,100		5,243,229

220

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (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)
Paddy Power Betfair PLC		18,465	$	1,425,158
Papa John’s International, Inc. (B)		13,228		700,423
Penn National Gaming, Inc. (A)		63,405		1,274,441
Planet Fitness, Inc., Class A (A)		15,329		1,053,409
PlayAGS, Inc. (A)		3,837		91,819
Potbelly Corp. (A)		4,488		38,193
RCI Hospitality Holdings, Inc.		1,746		40,106
Red Lion Hotels Corp. (A)		3,470		28,038
Red Robin Gourmet Burgers, Inc. (A)		2,369		68,251
Red Rock Resorts, Inc., Class A		12,170		314,595
Royal Caribbean Cruises, Ltd.		39,560		4,534,367
Ruth’s Hospitality Group, Inc.		5,027		128,641
Sands China, Ltd.		558,682		2,811,817
Scientific Games Corp. (A)		32,707		667,877
SeaWorld Entertainment, Inc. (A)		9,443		243,252
Shake Shack, Inc., Class A (A)		4,284		253,399
Shangri-La Asia, Ltd.		289,964		412,232
Six Flags Entertainment Corp.		29,691		1,465,251
SJM Holdings, Ltd.		456,826		522,226
Sodexo SA		20,395		2,245,885
Speedway Motorsports, Inc.		2,375		34,366
Starbucks Corp.		286,770		21,318,482
Tabcorp Holdings, Ltd.		441,542		1,448,947
Texas Roadhouse, Inc.		39,431		2,452,214
The Cheesecake Factory, Inc.		24,661		1,206,416
The Habit Restaurants, Inc., Class A (A)		4,009		43,377
The Wendy’s Company		75,574		1,352,019
TUI AG		101,622		974,689
Whitbread PLC		42,328		2,801,104
Wingstop, Inc.		5,035		382,811
Wyndham Destinations, Inc.		39,234		1,588,585
Wyndham Hotels & Resorts, Inc.		40,666		2,032,893
Wynn Macau, Ltd.		359,070		847,997
Wynn Resorts, Ltd.		22,361		2,668,115
Yum! Brands, Inc.		70,663		7,052,874
				186,035,774
Household durables – 0.7%
Barratt Developments PLC		233,768		1,826,036
Bassett Furniture Industries, Inc.		2,160		35,446
Beazer Homes USA, Inc. (A)		5,411		62,281
Casio Computer Company, Ltd. (B)		44,748		585,574
Cavco Industries, Inc. (A)		1,514		177,940
Century Communities, Inc. (A)		4,590		110,022
D.R. Horton, Inc.		78,401		3,244,233
Electrolux AB, Series B		55,453		1,427,968
Ethan Allen Interiors, Inc.		4,317		82,584
Flexsteel Industries, Inc.		1,548		35,898
Garmin, Ltd.		27,922		2,411,065
GoPro, Inc., Class A (A)		20,102		130,663
Green Brick Partners, Inc. (A)		4,625		40,469
Hamilton Beach Brands Holding Company, Class A		1,301		27,919
Hamilton Beach Brands Holding Company, Class B		853		18,305
Helen of Troy, Ltd. (A)		15,102		1,751,228
Hooker Furniture Corp.		2,270		65,444
Husqvarna AB, B Shares		96,295		787,542
Iida Group Holdings Company, Ltd.		34,000		616,939
Installed Building Products, Inc. (A)		3,876		187,986
iRobot Corp. (A)		4,681		550,907
KB Home		50,006		1,208,645
La-Z-Boy, Inc.		8,124		268,011
Leggett & Platt, Inc.		30,772		1,299,194
Lennar Corp., A Shares		65,979		3,238,909
LGI Homes, Inc. (A)		3,199		192,708

Strategic Equity Allocation Trust (continued)
	Shares or Principal Amount		Value
COMMON STOCKS (continued)
Household durables (continued)
M/I Homes, Inc. (A)		4,774	$	127,084
MDC Holdings, Inc.		8,458		245,789
Meritage Homes Corp. (A)		6,617		295,846
Mohawk Industries, Inc. (A)		14,184		1,789,312
Newell Brands, Inc.		89,794		1,377,440
Nikon Corp.		73,946		1,045,495
NVR, Inc. (A)		1,414		3,912,538
Panasonic Corp.		508,809		4,386,998
Persimmon PLC		72,825		2,059,899
PulteGroup, Inc.		58,839		1,645,138
Rinnai Corp.		7,778		550,724
Roku, Inc. (A)		7,546		486,792
SEB SA		5,206		876,497
Sekisui Chemical Company, Ltd.		85,144		1,371,987
Sekisui House, Ltd.		143,326		2,375,121
Sharp Corp. (A)		49,100		542,481
Skyline Champion Corp.		5,913		112,347
Sonos, Inc. (A)		3,007		30,942
Sony Corp.		292,700		12,358,138
Taylor Morrison Home Corp., Class A (A)		20,154		357,734
Taylor Wimpey PLC		755,297		1,727,513
Techtronic Industries Company, Ltd.		316,242		2,129,778
Tempur Sealy International, Inc. (A)		19,055		1,098,902
The Berkeley Group Holdings PLC		28,302		1,360,616
The Lovesac Company (A)		1,124		31,258
Toll Brothers, Inc.		55,743		2,017,897
TopBuild Corp. (A)		6,164		399,550
TRI Pointe Group, Inc. (A)		83,395		1,054,113
Tupperware Brands Corp.		28,789		736,423
Universal Electronics, Inc. (A)		2,497		92,764
Whirlpool Corp.		14,678		1,950,559
William Lyon Homes, Class A (A)		5,760		88,531
ZAGG, Inc. (A)		4,986		45,223
				69,065,345
Internet and direct marketing retail – 2.1%
1-800-Flowers.com, Inc., Class A (A)		4,603		83,913
Amazon.com, Inc. (A)		95,144		169,427,678
Booking Holdings, Inc. (A)		10,379		18,110,421
Delivery Hero SE (A)(C)		21,440		774,851
Duluth Holdings, Inc., Class B (A)		1,497		35,688
eBay, Inc.		198,305		7,365,048
Etsy, Inc. (A)		20,774		1,396,428
Expedia Group, Inc.		26,964		3,208,716
Groupon, Inc. (A)		77,635		275,604
Lands’ End, Inc. (A)		1,931		32,074
Leaf Group, Ltd. (A)		3,663		29,377
Liberty Expedia Holdings, Inc., Series A (A)		9,514		407,199
Liquidity Services, Inc. (A)		5,185		39,976
Overstock.com, Inc. (A)(B)		4,268		70,934
PetMed Express, Inc. (B)		3,565		81,211
Quotient Technology, Inc. (A)		14,022		138,397
Rakuten, Inc.		198,405		1,882,832
Shutterfly, Inc. (A)		5,885		239,166
Shutterstock, Inc.		3,327		155,138
Stamps.com, Inc. (A)		3,086		251,231
Zalando SE (A)(C)		25,978		1,014,939
ZOZO, Inc. (B)		46,700		882,904
				205,903,725
Leisure products – 0.1%
Acushnet Holdings Corp.		6,011		139,095
American Outdoor Brands Corp. (A)		9,418		87,964
Bandai Namco Holdings, Inc.		46,093		2,164,109
Brunswick Corp.		36,104		1,817,114

221

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Strategic Equity Allocation Trust (continued)
	Shares or Principal Amount		Value
COMMON STOCKS (continued)
Leisure products (continued)
Callaway Golf Company		16,308	$	259,786
Clarus Corp.		4,111		52,662
Hasbro, Inc.		26,690		2,269,184
Johnson Outdoors, Inc., Class A		874		62,369
Malibu Boats, Inc., Class A (A)		3,666		145,100
MasterCraft Boat Holdings, Inc. (A)		3,352		75,655
Mattel, Inc. (A)		81,364		1,057,732
Nautilus, Inc. (A)		5,588		31,069
Polaris Industries, Inc.		23,809		2,010,194
Sankyo Company, Ltd.		10,451		398,997
Sega Sammy Holdings, Inc.		39,936		471,876
Shimano, Inc.		17,081		2,781,076
Sturm Ruger & Company, Inc.		2,815		149,251
Vista Outdoor, Inc. (A)		10,305		82,543
Yamaha Corp.		30,873		1,545,918
YETI Holdings, Inc. (A)(B)		3,040		91,960
				15,693,654
Multiline retail – 0.5%
Big Lots, Inc.		6,979		265,342
Dillard’s, Inc., Class A (B)		9,633		693,769
Dollar General Corp.		60,627		7,232,801
Dollar Tree, Inc. (A)		54,884		5,765,015
Harvey Norman Holdings, Ltd. (B)		136,165		388,814
Isetan Mitsukoshi Holdings, Ltd.		77,528		784,330
J Front Retailing Company, Ltd.		53,000		631,531
J.C. Penney Company, Inc. (A)(B)		56,572		84,292
Kohl’s Corp.		38,123		2,621,719
Macy’s, Inc.		70,322		1,689,838
Marks & Spencer Group PLC		374,537		1,359,297
Marui Group Company, Ltd. (B)		43,841		886,428
Next PLC		32,194		2,339,405
Nordstrom, Inc.		25,883		1,148,688
Ollie’s Bargain Outlet Holdings, Inc. (A)		30,097		2,568,177
Pan Pacific International Holdings Corp.		27,300		1,808,739
Ryohin Keikaku Company, Ltd.		5,456		1,384,922
Takashimaya Company, Ltd.		32,741		436,297
Target Corp.		120,377		9,661,458
Wesfarmers, Ltd.		261,406		6,437,103
				48,187,965
Specialty retail – 1.8%
Aaron’s, Inc.		39,894		2,098,424
ABC-Mart, Inc.		7,664		456,284
Abercrombie & Fitch Company, Class A		11,525		315,900
Advance Auto Parts, Inc.		16,535		2,819,714
American Eagle Outfitters, Inc.		97,599		2,163,770
America’s Car-Mart, Inc. (A)		1,008		92,071
Asbury Automotive Group, Inc. (A)		3,333		231,177
Ascena Retail Group, Inc. (A)		34,905		37,697
At Home Group, Inc. (A)		7,891		140,933
AutoNation, Inc. (A)		23,955		855,673
AutoZone, Inc. (A)		5,757		5,895,859
Barnes & Noble Education, Inc. (A)		7,352		30,878
Barnes & Noble, Inc.		10,256		55,690
Bed Bath & Beyond, Inc. (B)		80,000		1,359,200
Best Buy Company, Inc.		54,004		3,837,524
Boot Barn Holdings, Inc. (A)		4,937		145,345
Caleres, Inc.		7,394		182,558
Camping World Holdings, Inc., Class A (B)		6,024		83,794
CarMax, Inc. (A)		39,243		2,739,161
Carvana Company (A)(B)		5,632		326,994
Chico’s FAS, Inc.		22,398		95,639
Citi Trends, Inc.		2,302		44,452
Conn’s, Inc. (A)		3,484		79,644
Designer Brands, Inc.		11,907		264,574

Strategic Equity Allocation Trust (continued)
	Shares or Principal Amount		Value
COMMON STOCKS (continued)
Specialty retail (continued)
Dick’s Sporting Goods, Inc.		30,702	$	1,130,141
Dufry AG (A)		7,453		783,675
Express, Inc. (A)		12,452		53,295
Fast Retailing Company, Ltd.		13,446		6,332,541
Five Below, Inc. (A)		32,635		4,054,899
Foot Locker, Inc.		26,083		1,580,630
GameStop Corp., Class A (B)		17,542		178,227
Genesco, Inc. (A)		3,450		157,148
GNC Holdings, Inc., Class A (A)		15,292		41,747
Group 1 Automotive, Inc.		3,217		208,140
Guess?, Inc.		9,957		195,157
Haverty Furniture Companies, Inc.		3,327		72,795
Hennes & Mauritz AB, B Shares (B)		201,991		3,369,868
Hibbett Sports, Inc. (A)		3,331		75,980
Hikari Tsushin, Inc.		4,800		911,074
Hudson, Ltd., Class A (A)		7,018		96,498
Industria de Diseno Textil SA		251,464		7,393,403
Kingfisher PLC		491,061		1,505,944
Kirkland’s, Inc. (A)		3,090		21,723
L Brands, Inc.		51,978		1,433,553
Lithia Motors, Inc., Class A		3,841		356,253
Lowe’s Companies, Inc.		184,713		20,220,532
Lumber Liquidators Holdings, Inc. (A)(B)		5,269		53,217
MarineMax, Inc. (A)		3,965		75,969
Monro, Inc.		5,519		477,504
Murphy USA, Inc. (A)		17,671		1,512,991
National Vision Holdings, Inc. (A)		10,952		344,221
Nitori Holdings Company, Ltd.		18,511		2,393,386
Office Depot, Inc.		94,923		344,570
O’Reilly Automotive, Inc. (A)		18,074		7,018,134
Party City Holdco, Inc. (A)		10,072		79,972
Rent-A-Center, Inc. (A)		7,657		159,802
RH (A)(B)		3,304		340,147
Ross Stores, Inc.		85,523		7,962,191
Sally Beauty Holdings, Inc. (A)		70,880		1,304,901
Shimamura Company, Ltd. (B)		5,070		429,691
Shoe Carnival, Inc. (B)		1,773		60,335
Signet Jewelers, Ltd.		30,669		832,970
Sleep Number Corp. (A)		5,669		266,443
Sonic Automotive, Inc., Class A		4,334		64,187
Sportsman’s Warehouse Holdings, Inc. (A)		6,986		33,533
Tailored Brands, Inc. (B)		8,981		70,411
The Buckle, Inc.		5,134		96,108
The Cato Corp., Class A		3,990		59,770
The Children’s Place, Inc.		2,746		267,131
The Gap, Inc.		49,219		1,288,553
The Home Depot, Inc.		260,465		49,980,629
The Michaels Companies, Inc. (A)		37,413		427,256
The TJX Companies, Inc.		285,495		15,191,189
Tiffany & Company		25,033		2,642,233
Tile Shop Holdings, Inc.		7,450		42,167
Tilly’s, Inc., Class A		3,767		41,927
Tractor Supply Company		27,978		2,735,129
Ulta Beauty, Inc. (A)		12,995		4,531,746
Urban Outfitters, Inc. (A)		31,363		929,599
USS Company, Ltd.		50,548		940,067
Williams-Sonoma, Inc.		33,363		1,877,336
Winmark Corp.		406		76,568
Yamada Denki Company, Ltd. (B)		145,008		715,161
Zumiez, Inc. (A)		3,327		82,809
				180,276,131
Textiles, apparel and luxury goods – 1.3%
adidas AG		41,579		10,112,901

222

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Strategic Equity Allocation Trust (continued)
	Shares or Principal Amount		Value
COMMON STOCKS (continued)
Textiles, apparel and luxury goods (continued)
Asics Corp.		36,872	$	496,168
Burberry Group PLC		94,840		2,417,156
Capri Holdings, Ltd. (A)		35,303		1,615,112
Carter’s, Inc.		18,908		1,905,737
Cie Financiere Richemont SA		120,336		8,778,905
Crocs, Inc. (A)		11,458		295,044
Culp, Inc.		2,196		42,229
Deckers Outdoor Corp. (A)		17,175		2,524,553
EssilorLuxottica SA		66,372		7,250,468
Fossil Group, Inc. (A)		7,933		108,841
G-III Apparel Group, Ltd. (A)		7,556		301,938
Hanesbrands, Inc.		82,173		1,469,253
Hermes International		7,304		4,822,627
HUGO BOSS AG		14,617		999,431
Kering SA		17,463		10,016,815
LVMH Moet Hennessy Louis Vuitton SE		64,023		23,581,819
Moncler SpA		41,238		1,664,351
Movado Group, Inc.		2,801		101,900
NIKE, Inc., Class B		290,338		24,449,363
Oxford Industries, Inc.		2,896		217,953
Pandora A/S		25,354		1,188,003
Puma SE		1,913		1,108,768
PVH Corp.		17,512		2,135,588
Ralph Lauren Corp.		12,203		1,582,485
Rocky Brands, Inc.		1,262		30,238
Skechers U.S.A., Inc., Class A (A)		55,432		1,863,070
Steven Madden, Ltd.		15,070		509,969
Superior Group of Companies, Inc.		1,817		30,199
Tapestry, Inc.		66,993		2,176,603
The Swatch Group AG		13,136		727,355
The Swatch Group AG, Bearer Shares		7,065		2,023,427
Under Armour, Inc., Class A (A)		41,542		878,198
Under Armour, Inc., Class C (A)		45,098		850,999
Unifi, Inc. (A)		2,845		55,051
Vera Bradley, Inc. (A)		4,144		54,908
VF Corp.		74,882		6,507,995
Wolverine World Wide, Inc.		15,972		570,680
Yue Yuen Industrial Holdings, Ltd.		167,987		578,338
				126,044,438
				1,012,865,845
Consumer staples – 8.0%
Beverages – 1.8%
Anheuser-Busch InBev SA		175,613		14,741,684
Asahi Group Holdings, Ltd.		83,581		3,730,926
Brown-Forman Corp., Class B		38,355		2,024,377
Carlsberg A/S, Class B		24,647		3,082,062
Coca-Cola Amatil, Ltd.		116,928		718,644
Coca-Cola Bottlers Japan Holdings, Inc.		30,900		785,989
Coca-Cola Consolidated, Inc.		823		236,884
Coca-Cola European Partners PLC (New York Stock Exchange)		49,858		2,579,653
Coca-Cola HBC AG (A)		47,131		1,607,128
Constellation Brands, Inc., Class A		38,412		6,734,776
Craft Brew Alliance, Inc. (A)		2,515		35,160
Davide Campari-Milano SpA		133,857		1,315,095
Diageo PLC		559,439		22,893,385
Heineken Holding NV		26,619		2,670,908
Heineken NV		59,785		6,318,919
Kirin Holdings Company, Ltd.		189,592		4,535,733
MGP Ingredients, Inc. (B)		2,288		176,519
Molson Coors Brewing Company, Class B		43,295		2,582,547
Monster Beverage Corp. (A)		90,187		4,922,406
National Beverage Corp. (B)		2,077		119,905
PepsiCo, Inc.		323,912		39,695,416

Strategic Equity Allocation Trust (continued)
	Shares or Principal Amount		Value
COMMON STOCKS (continued)
Beverages (continued)
Pernod Ricard SA		48,941	$	8,787,877
Primo Water Corp. (A)		6,013		92,961
Remy Cointreau SA		5,286		705,072
Suntory Beverage & Food, Ltd.		32,059		1,507,783
The Boston Beer Company, Inc., Class A (A)		5,040		1,485,439
The Coca-Cola Company		887,288		41,578,316
Treasury Wine Estates, Ltd.		165,635		1,758,248
				177,423,812
Food and staples retailing – 1.3%
Aeon Company, Ltd.		140,678		2,946,548
BJ’s Wholesale Club Holdings, Inc. (A)		22,242		609,431
Carrefour SA		136,401		2,548,949
Casey’s General Stores, Inc.		15,183		1,955,115
Casino Guichard Perrachon SA (B)		12,636		547,831
Coles Group, Ltd. (A)		261,347		2,199,718
Colruyt SA		13,848		1,023,250
Costco Wholesale Corp.		101,592		24,599,487
Dairy Farm International Holdings, Ltd.		78,200		656,477
FamilyMart UNY Holdings Company, Ltd.		58,364		1,487,749
ICA Gruppen AB (B)		18,563		745,260
Ingles Markets, Inc., Class A		2,739		75,651
J Sainsbury PLC		405,782		1,245,206
Jeronimo Martins SGPS SA		58,024		856,745
Koninklijke Ahold Delhaize NV		272,875		7,264,962
Lawson, Inc.		11,589		642,901
METRO AG		41,521		689,606
Performance Food Group Company (A)		17,688		701,152
PriceSmart, Inc.		3,874		228,101
Rite Aid Corp. (A)(B)		190,707		121,099
Seven & i Holdings Company, Ltd.		173,629		6,551,056
SpartanNash Company		6,351		100,790
Sprouts Farmers Market, Inc. (A)		51,587		1,111,184
Sundrug Company, Ltd.		16,492		455,153
Sysco Corp.		108,946		7,273,235
Tesco PLC		2,257,156		6,831,270
The Andersons, Inc.		4,762		153,479
The Chefs’ Warehouse, Inc. (A)		3,818		118,549
The Kroger Company		183,998		4,526,351
Tsuruha Holdings, Inc.		8,498		692,110
United Natural Foods, Inc. (A)		9,140		120,831
Village Super Market, Inc., Class A		1,677		45,832
Walgreens Boots Alliance, Inc.		184,933		11,700,711
Walmart, Inc.		328,310		32,020,074
Weis Markets, Inc.		1,839		75,050
Welcia Holdings Company, Ltd.		10,900		370,319
Wm Morrison Supermarkets PLC		518,424		1,537,940
Woolworths Group, Ltd.		303,750		6,559,747
				131,388,919
Food products – 1.9%
a2 Milk Company, Ltd. (A)		169,032		1,653,918
Ajinomoto Company, Inc.		101,296		1,621,443
Archer-Daniels-Midland Company		129,188		5,571,878
Associated British Foods PLC		82,124		2,611,377
B&G Foods, Inc. (B)		11,454		279,707
Barry Callebaut AG		507		916,419
Calavo Growers, Inc.		2,783		233,355
Calbee, Inc. (B)		18,500		499,649
Cal-Maine Foods, Inc.		5,428		242,252
Campbell Soup Company (B)		43,957		1,676,080
Chocoladefabriken Lindt & Spruengli AG		24		1,877,009
Chocoladefabriken Lindt & Spruengli AG, Participation Certificates		247		1,679,450

223

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Strategic Equity Allocation Trust (continued)
	Shares or Principal Amount		Value
COMMON STOCKS (continued)
Food products (continued)
Conagra Brands, Inc.		112,034	$	3,107,823
Danone SA		142,097		10,941,602
Darling Ingredients, Inc. (A)		28,456		616,072
Dean Foods Company		16,991		51,483
Farmer Brothers Company (A)		1,957		39,160
Flowers Foods, Inc.		76,373		1,628,272
Fresh Del Monte Produce, Inc.		5,427		146,692
Freshpet, Inc. (A)		4,544		192,166
General Mills, Inc.		137,646		7,123,181
Golden Agri-Resources, Ltd.		1,482,561		306,515
Hormel Foods Corp. (B)		62,890		2,814,956
Hostess Brands, Inc. (A)		17,096		213,700
Ingredion, Inc.		27,697		2,622,629
J&J Snack Foods Corp.		2,612		414,890
John B. Sanfilippo & Son, Inc.		1,499		107,733
Kellogg Company		57,927		3,323,851
Kerry Group PLC (London Stock Exchange), Class A		1,204		133,524
Kerry Group PLC, Class A		34,029		3,799,736
Kikkoman Corp. (B)		33,546		1,649,494
Lamb Weston Holdings, Inc.		33,794		2,532,522
Lancaster Colony Corp.		11,390		1,784,699
Landec Corp. (A)		4,591		56,377
Limoneira Company		2,737		64,402
McCormick & Company, Inc.		28,280		4,259,816
MEIJI Holdings Company, Ltd.		28,200		2,292,415
Mondelez International, Inc., Class A		333,025		16,624,608
Mowi ASA		101,104		2,258,760
Nestle SA		706,022		67,319,488
NH Foods, Ltd. (B)		21,041		758,148
Nisshin Seifun Group, Inc.		45,600		1,048,263
Nissin Foods Holdings Company, Ltd.		14,575		1,002,848
Orkla ASA		188,081		1,444,421
Post Holdings, Inc. (A)		27,624		3,022,066
Sanderson Farms, Inc.		11,535		1,520,774
Seneca Foods Corp., Class A (A)		1,510		37,146
The Hain Celestial Group, Inc. (A)		37,252		861,266
The Hershey Company		32,076		3,683,287
The J.M. Smucker Company		26,260		3,059,290
The Kraft Heinz Company		143,453		4,683,740
The Simply Good Foods Company (A)		10,762		221,590
Tootsie Roll Industries, Inc.		10,808		402,507
Toyo Suisan Kaisha, Ltd.		20,450		779,547
TreeHouse Foods, Inc. (A)		23,308		1,504,531
Tyson Foods, Inc., Class A		68,112		4,729,016
WH Group, Ltd. (C)		2,029,500		2,170,807
Wilmar International, Ltd.		443,703		1,084,912
Yakult Honsha Company, Ltd.		27,603		1,935,345
Yamazaki Baking Company, Ltd.		27,890		453,389
				189,691,996
Household products – 1.2%
Central Garden & Pet Company (A)		1,805		46,136
Central Garden & Pet Company, Class A (A)		7,188		167,121
Church & Dwight Company, Inc.		56,730		4,040,878
Colgate-Palmolive Company		198,734		13,621,228
Energizer Holdings, Inc.		26,463		1,188,983
Essity AB, B Shares		139,770		4,033,525
Henkel AG & Company KGaA		23,984		2,282,146
Kimberly-Clark Corp.		79,434		9,841,873
Lion Corp.		51,700		1,089,535
Oil-Dri Corp. of America		999		31,109
Pigeon Corp.		26,600		1,091,365
Reckitt Benckiser Group PLC		154,891		12,890,429
The Clorox Company		29,570		4,744,802

Strategic Equity Allocation Trust (continued)
	Shares or Principal Amount		Value
COMMON STOCKS (continued)
Household products (continued)
The Procter & Gamble Company		576,843	$	60,020,514
Unicharm Corp.		93,000		3,083,153
WD-40 Company		2,360		399,878
				118,572,675
Personal products – 0.8%
Beiersdorf AG		23,246		2,420,041
Coty, Inc., Class A		101,584		1,168,216
Edgewell Personal Care Company (A)		31,829		1,396,975
elf Beauty, Inc. (A)		4,416		46,810
Inter Parfums, Inc.		2,999		227,534
Kao Corp.		112,675		8,893,060
Kobayashi Pharmaceutical Company, Ltd.		11,300		956,070
Kose Corp.		7,000		1,290,178
L’Oreal SA		58,115		15,649,867
Medifast, Inc.		2,017		257,268
Nu Skin Enterprises, Inc., Class A		22,999		1,100,732
Pola Orbis Holdings, Inc.		21,072		674,015
Revlon, Inc., Class A (A)		1,642		31,822
Shiseido Company, Ltd.		87,560		6,339,766
The Estee Lauder Companies, Inc., Class A		50,339		8,333,621
Unilever NV		355,755		20,741,017
Unilever PLC		255,871		14,728,598
USANA Health Sciences, Inc. (A)		2,201		184,598
				84,440,188
Tobacco – 1.0%
22nd Century Group, Inc. (A)(B)		21,571		36,886
Altria Group, Inc.		432,256		24,824,462
British American Tobacco PLC		528,692		22,055,869
Imperial Brands PLC		219,826		7,519,624
Japan Tobacco, Inc.		253,466		6,277,798
Philip Morris International, Inc.		358,472		31,685,340
Pyxus International, Inc. (A)		1,479		35,333
Swedish Match AB		40,543		2,068,618
Turning Point Brands, Inc.		1,410		64,987
Universal Corp.		4,262		245,619
Vector Group, Ltd.		18,267		197,101
				95,011,637
				796,529,227
Energy – 5.2%
Energy equipment and services – 0.4%
Apergy Corp. (A)		32,194		1,321,886
Archrock, Inc.		22,270		217,801
Baker Hughes, a GE Company		118,494		3,284,654
C&J Energy Services, Inc. (A)		11,311		175,547
Cactus, Inc., Class A (A)		6,597		234,853
Core Laboratories NV		18,404		1,268,588
Covia Holdings Corp. (A)		5,899		32,975
Diamond Offshore Drilling, Inc. (A)(B)		11,522		120,866
Dril-Quip, Inc. (A)		6,225		285,416
Ensco PLC, Class A (B)		181,951		715,067
Era Group, Inc. (A)		4,047		46,702
Exterran Corp. (A)		5,825		98,151
Forum Energy Technologies, Inc. (A)		14,750		75,373
Frank’s International NV (A)		13,364		82,990
FTS International, Inc. (A)		5,958		59,580
Halliburton Company		201,282		5,897,563
Helix Energy Solutions Group, Inc. (A)		24,764		195,883
Helmerich & Payne, Inc.		24,776		1,376,555
Independence Contract Drilling, Inc. (A)		9,937		27,525
ION Geophysical Corp. (A)		2,024		29,227
John Wood Group PLC		157,053		1,038,125
Keane Group, Inc. (A)		9,217		100,373

224

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (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)
KLX Energy Services Holdings, Inc. (A)		3,576	$	89,901
Liberty Oilfield Services, Inc., Class A		7,893		121,473
Mammoth Energy Services, Inc.		2,317		38,578
Matrix Service Company (A)		4,637		90,792
McDermott International, Inc. (A)		106,854		794,994
National Oilwell Varco, Inc.		88,462		2,356,628
Natural Gas Services Group, Inc. (A)		2,504		43,344
Newpark Resources, Inc. (A)		15,681		143,638
Nine Energy Service, Inc. (A)		2,645		59,909
Noble Corp. PLC (A)		43,730		125,505
Oceaneering International, Inc. (A)		58,383		920,700
Oil States International, Inc. (A)		10,572		179,301
Patterson-UTI Energy, Inc.		88,584		1,241,948
Pioneer Energy Services Corp. (A)		14,869		26,318
ProPetro Holding Corp. (A)		12,275		276,679
RigNet, Inc. (A)		2,589		25,295
Rowan Companies PLC, Class A (A)		75,219		811,613
Schlumberger, Ltd.		319,668		13,927,935
SEACOR Holdings, Inc. (A)		2,975		125,783
SEACOR Marine Holdings, Inc. (A)		3,243		43,164
Select Energy Services, Inc., Class A (A)		8,237		99,009
Solaris Oilfield Infrastructure, Inc., Class A		4,704		77,334
Superior Energy Services, Inc. (A)		27,476		128,313
TechnipFMC PLC		98,266		2,311,216
Tenaris SA		108,787		1,532,487
TETRA Technologies, Inc. (A)		22,866		53,506
Tidewater, Inc. (A)		5,317		123,301
Transocean, Ltd. (A)		210,603		1,834,352
U.S. Silica Holdings, Inc.		13,863		240,662
Unit Corp. (A)		9,309		132,560
WorleyParsons, Ltd.		74,296		745,682
				45,407,620
Oil, gas and consumable fuels – 4.8%
Abraxas Petroleum Corp. (A)		31,900		39,875
Aker BP ASA		24,881		887,312
Anadarko Petroleum Corp.		115,218		5,240,115
Apache Corp.		86,591		3,001,244
Arch Coal, Inc., Class A		2,977		271,711
Ardmore Shipping Corp. (A)		6,682		41,161
Berry Petroleum Corp.		9,916		114,431
Bonanza Creek Energy, Inc. (A)		3,410		77,373
BP PLC		4,622,921		33,569,217
Cabot Oil & Gas Corp.		97,660		2,548,926
California Resources Corp. (A)		7,893		202,929
Callon Petroleum Company (A)		134,691		1,016,917
Caltex Australia, Ltd.		60,175		1,119,508
Carrizo Oil & Gas, Inc. (A)		15,460		192,786
Chesapeake Energy Corp. (A)(B)		434,461		1,346,829
Chevron Corp.		438,135		53,969,469
Cimarex Energy Company		23,411		1,636,429
Clean Energy Fuels Corp. (A)		25,185		77,822
CNX Resources Corp. (A)		82,258		885,919
Concho Resources, Inc.		46,267		5,133,786
ConocoPhillips		261,579		17,457,782
CONSOL Energy, Inc. (A)		4,763		162,990
CVR Energy, Inc.		3,165		130,398
Delek US Holdings, Inc.		14,186		516,654
Denbury Resources, Inc. (A)		81,085		166,224
Devon Energy Corp.		101,099		3,190,684
DHT Holdings, Inc.		16,084		71,735
Diamondback Energy, Inc.		35,639		3,618,428
Dorian LPG, Ltd. (A)		5,388		34,591
Earthstone Energy, Inc., Class A (A)		4,126		29,212
Enagas SA		52,350		1,524,036

Strategic Equity Allocation Trust (continued)
	Shares or Principal Amount		Value
COMMON STOCKS (continued)
Oil, gas and consumable fuels (continued)
Energy Fuels, Inc. (A)		15,489	$	51,578
Eni SpA		586,219		10,357,622
EOG Resources, Inc.		133,759		12,731,182
EQT Corp.		105,902		2,196,407
Equinor ASA		269,356		5,904,300
Equitrans Midstream Corp.		84,669		1,844,091
Evolution Petroleum Corp.		5,436		36,693
Exxon Mobil Corp.		977,006		78,942,085
Frontline, Ltd. (A)(B)		13,563		87,617
Galp Energia SGPS SA		115,562		1,851,729
GasLog, Ltd.		7,015		122,482
Golar LNG, Ltd.		16,447		346,867
Green Plains, Inc.		6,978		116,393
Gulfport Energy Corp. (A)		30,695		246,174
Halcon Resources Corp. (A)		27,373		36,954
Hess Corp.		58,583		3,528,454
HighPoint Resources Corp. (A)		20,398		45,080
HollyFrontier Corp.		36,238		1,785,446
Idemitsu Kosan Company, Ltd.		31,100		1,040,236
Inpex Corp.		235,941		2,244,488
International Seaways, Inc. (A)		3,841		65,835
Jagged Peak Energy, Inc. (A)		11,737		122,886
JXTG Holdings, Inc.		741,011		3,382,670
Kinder Morgan, Inc.		448,938		8,983,249
Koninklijke Vopak NV		16,252		778,423
Laredo Petroleum, Inc. (A)		27,802		85,908
Lundin Petroleum AB		43,137		1,460,705
Marathon Oil Corp.		188,787		3,154,631
Marathon Petroleum Corp.		155,343		9,297,279
Matador Resources Company (A)		61,536		1,189,491
Midstates Petroleum Company, Inc. (A)		2,942		28,743
Murphy Oil Corp.		67,484		1,977,281
NACCO Industries, Inc., Class A		691		26,410
Neste OYJ		29,547		3,149,731
Noble Energy, Inc.		111,585		2,759,497
Nordic American Tankers, Ltd. (B)		25,594		51,700
Northern Oil and Gas, Inc. (A)		34,775		95,284
Oasis Petroleum, Inc. (A)		159,577		963,845
Occidental Petroleum Corp.		172,838		11,441,876
Oil Search, Ltd.		316,169		1,759,082
OMV AG		33,947		1,843,369
ONEOK, Inc.		94,929		6,629,841
Origin Energy, Ltd.		405,561		2,076,066
Overseas Shipholding Group, Inc., Class A (A)		10,844		24,833
Panhandle Oil and Gas, Inc., Class A		3,136		49,235
Par Pacific Holdings, Inc. (A)		5,748		102,372
PBF Energy, Inc., Class A		49,678		1,546,973
PDC Energy, Inc. (A)		11,583		471,196
Peabody Energy Corp.		13,555		384,013
Penn Virginia Corp. (A)		2,201		97,064
Phillips 66		96,736		9,206,365
Pioneer Natural Resources Company		38,833		5,913,489
QEP Resources, Inc. (A)		98,554		767,736
Range Resources Corp. (B)		86,200		968,888
Renewable Energy Group, Inc. (A)		6,372		139,929
Repsol SA		321,640		5,502,704
REX American Resources Corp. (A)		984		79,320
Ring Energy, Inc. (A)		10,634		62,422
Royal Dutch Shell PLC, A Shares		1,038,607		32,639,174
Royal Dutch Shell PLC, B Shares		863,388		27,287,877
SandRidge Energy, Inc. (A)		5,943		47,663
Santos, Ltd.		408,105		1,975,948
Scorpio Tankers, Inc.		8,024		159,154
SemGroup Corp., Class A		13,919		205,166

225

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Strategic Equity Allocation Trust (continued)
	Shares or Principal Amount		Value
COMMON STOCKS (continued)
Oil, gas and consumable fuels (continued)
Ship Finance International, Ltd. (B)		13,713	$	169,218
Showa Shell Sekiyu KK		42,894		582,283
SilverBow Resources, Inc. (A)		1,451		33,373
SM Energy Company		42,944		751,091
Snam SpA		519,871		2,674,285
Southwestern Energy Company (A)		327,425		1,535,623
SRC Energy, Inc. (A)		42,471		217,452
Talos Energy, Inc. (A)		3,693		98,086
Teekay Corp. (B)		12,919		50,642
Teekay Tankers, Ltd., Class A (A)		37,289		36,174
Tellurian, Inc. (A)(B)		15,064		168,717
The Williams Companies, Inc.		279,258		8,020,290
TOTAL SA (B)		556,562		30,972,277
Uranium Energy Corp. (A)(B)		33,267		46,574
Valero Energy Corp.		96,306		8,169,638
W&T Offshore, Inc. (A)		16,548		114,181
Washington H. Soul Pattinson & Company, Ltd.		24,863		465,281
Woodside Petroleum, Ltd.		215,798		5,297,844
World Fuel Services Corp.		39,717		1,147,424
WPX Energy, Inc. (A)		164,445		2,155,874
				473,454,021
				518,861,641
Financials – 14.7%
Banks – 7.0%
1st Constitution Bancorp		1,697		30,156
1st Source Corp.		2,548		114,431
ABN AMRO Group NV (C)		97,474		2,197,507
ACNB Corp.		1,250		46,250
AIB Group PLC		187,695		844,633
Allegiance Bancshares, Inc. (A)		2,155		72,667
Amalgamated Bank, Class A		2,202		34,461
American National Bankshares, Inc.		1,664		58,107
Ameris Bancorp		7,482		257,007
Ames National Corp.		1,904		52,189
Aozora Bank, Ltd.		27,127		670,357
Arrow Financial Corp.		2,203		72,457
Associated Banc-Corp.		68,278		1,457,735
Atlantic Capital Bancshares, Inc. (A)		4,541		80,966
Australia & New Zealand Banking Group, Ltd.		660,898		12,222,855
Banc of California, Inc.		7,477		103,482
BancFirst Corp.		3,048		158,953
Banco Bilbao Vizcaya Argentaria SA		1,536,305		8,778,191
Banco de Sabadell SA		1,294,908		1,290,656
Banco Espirito Santo SA (A)		625,609		187
Banco Santander SA		3,741,479		17,373,667
BancorpSouth Bank		53,879		1,520,465
Bank Hapoalim BM		256,980		1,707,808
Bank Leumi Le-Israel BM		354,874		2,324,969
Bank of America Corp.		2,071,281		57,146,643
Bank of Commerce Holdings		3,559		37,547
Bank of Hawaii Corp.		17,140		1,351,832
Bank of Ireland Group PLC		223,615		1,334,536
Bank of Marin Bancorp		2,336		95,052
Bank of Queensland, Ltd.		92,512		598,136
Bank OZK		50,092		1,451,666
Bankia SA		283,862		736,003
Bankinter SA		155,260		1,183,349
Bankwell Financial Group, Inc.		1,395		40,706
Banner Corp.		5,460		295,768
Bar Harbor Bankshares		2,938		76,006
Barclays PLC		3,946,756		7,949,826
Baycom Corp. (A)		2,170		49,129
BB&T Corp.		176,088		8,193,375

Strategic Equity Allocation Trust (continued)
	Shares or Principal Amount		Value
COMMON STOCKS (continued)
Banks (continued)
BCB Bancorp, Inc.		2,996	$	40,146
Bendigo & Adelaide Bank, Ltd.		112,627		775,132
Berkshire Hills Bancorp, Inc.		7,108		193,622
Blue Hills Bancorp, Inc.		3,743		89,458
BNP Paribas SA		259,105		12,330,337
BOC Hong Kong Holdings, Ltd.		852,741		3,538,811
Boston Private Financial Holdings, Inc.		14,471		158,602
Bridge Bancorp, Inc.		3,022		88,545
Brookline Bancorp, Inc.		13,783		198,475
Bryn Mawr Bank Corp.		3,464		125,154
Business First Bancshares, Inc.		2,103		51,608
Byline Bancorp, Inc. (A)		2,846		52,594
C&F Financial Corp.		681		34,459
Cadence Bancorp		20,723		384,412
CaixaBank SA		826,410		2,584,333
Cambridge Bancorp		656		54,350
Camden National Corp.		2,676		111,643
Capital City Bank Group, Inc.		2,235		48,678
Capstar Financial Holdings, Inc.		2,188		31,595
Carolina Financial Corp.		3,684		127,430
Cathay General Bancorp		44,897		1,522,457
CB Financial Services, Inc.		1,202		28,523
CBTX, Inc.		3,049		99,001
CenterState Bank Corp.		15,846		377,293
Central Pacific Financial Corp.		4,817		138,922
Central Valley Community Bancorp		2,327		45,493
Century Bancorp, Inc., Class A		549		40,077
Chemical Financial Corp.		42,093		1,732,548
Chemung Financial Corp.		747		35,057
Citigroup, Inc.		542,250		33,738,795
Citizens & Northern Corp.		2,240		56,090
Citizens Financial Group, Inc.		106,185		3,451,013
City Holding Company		2,507		191,008
Civista Bancshares, Inc.		2,841		62,019
CNB Financial Corp.		2,772		70,048
Coastal Financial Corp. (A)		1,695		28,798
Codorus Valley Bancorp, Inc.		1,968		42,017
Columbia Banking System, Inc.		12,618		412,482
Comerica, Inc.		36,677		2,689,158
Commerce Bancshares, Inc.		41,036		2,382,550
Commerzbank AG (A)		230,559		1,787,430
Commonwealth Bank of Australia		407,992		20,478,783
Community Bank System, Inc.		8,520		509,240
Community Bankers Trust Corp.		5,268		38,562
Community Trust Bancorp, Inc.		2,608		107,084
Concordia Financial Group, Ltd.		247,146		955,553
ConnectOne Bancorp, Inc.		5,435		107,070
County Bancorp, Inc.		1,413		24,869
Credit Agricole SA		263,779		3,184,849
Cullen/Frost Bankers, Inc.		26,175		2,540,807
Customers Bancorp, Inc. (A)		5,139		94,095
CVB Financial Corp.		19,283		405,907
Danske Bank A/S		165,075		2,901,636
DBS Group Holdings, Ltd.		413,383		7,716,566
DNB ASA		221,761		4,084,790
Eagle Bancorp, Inc. (A)		5,528		277,506
East West Bancorp, Inc.		60,204		2,887,986
Enterprise Financial Services Corp.		3,846		156,801
Equity Bancshares, Inc., Class A (A)		2,462		70,906
Erste Group Bank AG (A)		69,290		2,546,660
Esquire Financial Holdings, Inc. (A)		1,371		31,204
Evans Bancorp, Inc.		1,062		37,860
Farmers & Merchants Bancorp, Inc.		1,570		47,257
Farmers National Banc Corp.		4,825		66,537
FB Financial Corp.		2,805		89,087

226

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Strategic Equity Allocation Trust (continued)
	Shares or Principal Amount		Value
COMMON STOCKS (continued)
Banks (continued)
Fidelity D&D Bancorp, Inc.		539	$	31,866
Fidelity Southern Corp.		3,691		101,096
Fifth Third Bancorp		169,827		4,283,038
Financial Institutions, Inc.		2,857		77,653
First Bancorp (NC)		4,958		172,340
First Bancorp (PR)		36,962		423,585
First Bancorp, Inc.		2,089		52,058
First Bank		3,516		40,539
First Busey Corp.		7,359		179,560
First Business Financial Services, Inc.		1,884		37,718
First Choice Bancorp		1,930		41,495
First Commonwealth Financial Corp.		16,551		208,543
First Community Bankshares, Inc.		2,645		87,655
First Community Corp.		1,721		32,819
First Financial Bancorp		16,431		395,330
First Financial Bankshares, Inc.		39,518		2,283,350
First Financial Corp.		2,137		89,754
First Financial Northwest, Inc.		1,967		30,980
First Foundation, Inc.		6,758		91,706
First Horizon National Corp.		132,185		1,847,946
First Internet Bancorp		2,194		42,410
First Interstate BancSystem, Inc., Class A		5,305		211,245
First Merchants Corp.		9,425		347,311
First Mid-Illinois Bancshares, Inc.		2,292		76,369
First Midwest Bancorp, Inc.		18,211		372,597
First Northwest Bancorp		2,247		34,986
First Republic Bank		37,990		3,816,475
First United Corp.		1,827		31,534
Flushing Financial Corp.		5,067		111,119
FNB Corp.		134,983		1,430,820
Franklin Financial Network, Inc.		2,333		67,680
Fukuoka Financial Group, Inc.		33,520		744,332
Fulton Financial Corp.		99,132		1,534,563
German American Bancorp, Inc.		4,063		119,452
Glacier Bancorp, Inc.		14,571		583,860
Great Southern Bancorp, Inc.		1,868		96,949
Great Western Bancorp, Inc.		9,763		308,413
Guaranty Bancshares, Inc.		1,483		43,333
Hancock Whitney Corp.		50,301		2,032,160
Hang Seng Bank, Ltd.		176,290		4,353,109
Hanmi Financial Corp.		5,460		116,134
HarborOne Bancorp, Inc. (A)		2,962		50,946
Heartland Financial USA, Inc.		5,126		218,624
Heritage Commerce Corp.		7,177		86,842
Heritage Financial Corp.		6,136		184,939
Hilltop Holdings, Inc.		12,465		227,486
Home BancShares, Inc.		91,782		1,612,610
HomeTrust Bancshares, Inc.		2,921		73,609
Hope Bancorp, Inc.		21,284		278,395
Horizon Bancorp, Inc.		6,615		106,435
Howard Bancorp, Inc. (A)		2,997		44,386
HSBC Holdings PLC		4,617,412		37,520,388
Huntington Bancshares, Inc.		241,488		3,062,068
IBERIABANK Corp.		9,509		681,890
Independent Bank Corp. (MA)		5,583		452,269
Independent Bank Corp. (MI)		3,626		77,959
Independent Bank Group, Inc.		5,710		292,866
ING Groep NV		896,724		10,865,864
International Bancshares Corp.		32,151		1,222,703
Intesa Sanpaolo SpA		3,428,045		8,366,198
Investar Holding Corp.		1,750		39,743
Investors Bancorp, Inc.		40,178		476,109
Japan Post Bank Company, Ltd. (B)		93,200		1,018,320
JPMorgan Chase & Co.		754,989		76,427,536

Strategic Equity Allocation Trust (continued)
	Shares or Principal Amount		Value
COMMON STOCKS (continued)
Banks (continued)
KBC Group NV		57,449	$	4,016,306
KeyCorp		232,794		3,666,506
Lakeland Bancorp, Inc.		7,935		118,470
Lakeland Financial Corp.		3,982		180,066
LCNB Corp.		2,062		35,363
LegacyTexas Financial Group, Inc.		8,300		310,337
Level One Bancorp, Inc.		1,165		27,098
Live Oak Bancshares, Inc.		4,776		69,777
Lloyds Banking Group PLC		16,395,886		13,283,571
M&T Bank Corp.		31,945		5,016,004
Macatawa Bank Corp.		5,265		52,334
Malvern Bancorp, Inc. (A)		1,671		33,621
MBT Financial Corp.		3,802		38,096
Mebuki Financial Group, Inc.		189,300		484,531
Mediobanca Banca di Credito Finanziario SpA		142,808		1,486,929
Mercantile Bank Corp.		2,859		93,546
Metropolitan Bank Holding Corp. (A)		1,341		46,653
Mid Penn Bancorp, Inc.		1,396		34,202
Middlefield Banc Corp.		772		31,814
Midland States Bancorp, Inc.		3,943		94,869
MidSouth Bancorp, Inc.		3,312		37,790
MidWestOne Financial Group, Inc.		2,140		58,315
Mitsubishi UFJ Financial Group, Inc.		2,707,668		13,391,562
Mizrahi Tefahot Bank, Ltd.		35,653		734,822
Mizuho Financial Group, Inc.		5,556,500		8,598,524
MutualFirst Financial, Inc.		1,165		34,915
National Australia Bank, Ltd.		630,083		11,321,437
National Bank Holdings Corp., Class A		4,821		160,346
National Bankshares, Inc.		1,428		61,190
National Commerce Corp. (A)		3,118		122,257
NBT Bancorp, Inc.		7,377		265,646
Nicolet Bankshares, Inc. (A)		1,372		81,771
Nordea Bank ABP (B)		699,661		5,327,819
Northeast Bancorp		1,577		32,612
Northrim Bancorp, Inc.		1,422		48,945
Norwood Financial Corp.		1,275		39,321
OFG Bancorp		7,279		144,051
Ohio Valley Banc Corp.		867		31,342
Old Line Bancshares, Inc.		3,075		76,660
Old National Bancorp		25,917		425,039
Old Second Bancorp, Inc.		5,370		67,608
Opus Bank		3,535		69,993
Origin Bancorp, Inc.		3,096		105,419
Orrstown Financial Services, Inc.		1,836		34,131
Oversea-Chinese Banking Corp., Ltd.		735,524		6,013,330
Pacific City Financial Corp.		2,425		42,316
Pacific Mercantile Bancorp (A)		3,966		30,221
Pacific Premier Bancorp, Inc.		8,076		214,256
PacWest Bancorp		50,170		1,886,894
Park National Corp.		2,372		224,747
Parke Bancorp, Inc.		1,529		31,941
Peapack Gladstone Financial Corp.		3,433		90,013
Penns Woods Bancorp, Inc.		988		40,607
Peoples Bancorp, Inc.		3,032		93,901
Peoples Financial Services Corp.		1,274		57,636
People’s United Financial, Inc.		87,195		1,433,486
People’s Utah Bancorp		2,785		73,440
Pinnacle Financial Partners, Inc.		30,277		1,656,152
Preferred Bank		2,427		109,142
Premier Financial Bancorp, Inc.		2,498		39,244
Prosperity Bancshares, Inc.		27,521		1,900,600
QCR Holdings, Inc.		2,423		82,188
Raiffeisen Bank International AG		34,060		765,065
RBB Bancorp		2,856		53,693

227

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Strategic Equity Allocation Trust (continued)
	Shares or Principal Amount		Value
COMMON STOCKS (continued)
Banks (continued)
Regions Financial Corp.		234,812	$	3,322,590
Renasant Corp.		8,382		283,731
Republic Bancorp, Inc., Class A		1,557		69,629
Republic First Bancorp, Inc. (A)		9,053		47,528
Resona Holdings, Inc.		481,346		2,085,228
S&T Bancorp, Inc.		5,679		224,491
Sandy Spring Bancorp, Inc.		5,844		182,800
SB One Bancorp		1,807		39,248
Seacoast Banking Corp. of Florida (A)		7,678		202,315
Select Bancorp, Inc. (A)		3,231		36,736
ServisFirst Bancshares, Inc.		8,166		275,684
Seven Bank, Ltd.		137,140		405,414
Shinsei Bank, Ltd.		35,666		507,514
Shore Bancshares, Inc.		2,962		44,163
Sierra Bancorp		2,657		64,565
Signature Bank		22,894		2,932,035
Simmons First National Corp., Class A		15,655		383,234
Skandinaviska Enskilda Banken AB, Series A		374,742		3,246,358
SmartFinancial, Inc. (A)		2,462		46,556
Societe Generale SA		176,679		5,104,871
South State Corp.		6,178		422,205
Southern First Bancshares, Inc. (A)		1,496		50,670
Southern National Bancorp of Virginia, Inc.		3,854		56,461
Southside Bancshares, Inc.		5,348		177,714
Spirit of Texas Bancshares, Inc. (A)		1,851		39,241
Standard Chartered PLC		647,575		4,991,727
Sterling Bancorp		88,349		1,645,942
Stock Yards Bancorp, Inc.		3,692		124,827
Sumitomo Mitsui Financial Group, Inc.		306,258		10,724,761
Sumitomo Mitsui Trust Holdings, Inc.		76,383		2,745,135
Summit Financial Group, Inc.		2,180		57,792
SunTrust Banks, Inc.		102,225		6,056,831
SVB Financial Group (A)		12,135		2,698,339
Svenska Handelsbanken AB, A Shares		351,713		3,713,383
Swedbank AB, A Shares (B)		208,568		2,947,674
Synovus Financial Corp.		66,114		2,271,677
TCF Financial Corp.		68,113		1,409,258
Texas Capital Bancshares, Inc. (A)		20,887		1,140,221
The Bancorp, Inc. (A)		9,174		74,126
The Bank of East Asia, Ltd.		295,599		960,929
The Bank of Kyoto, Ltd.		12,214		511,406
The Bank of NT Butterfield & Son, Ltd.		9,618		345,094
The Bank of Princeton		1,324		42,011
The Chiba Bank, Ltd. (B)		139,264		757,300
The Community Financial Corp.		1,130		32,058
The First Bancshares, Inc.		2,275		70,298
The First of Long Island Corp.		4,402		96,536
The PNC Financial Services Group, Inc.		104,593		12,829,377
The Royal Bank of Scotland Group PLC		1,110,127		3,574,683
The Shizuoka Bank, Ltd.		98,908		753,475
Tompkins Financial Corp.		2,486		189,110
Towne Bank		11,240		278,190
TriCo Bancshares		4,264		167,533
TriState Capital Holdings, Inc. (A)		4,394		89,769
Triumph Bancorp, Inc. (A)		4,317		126,877
Trustmark Corp.		38,205		1,284,834
U.S. Bancorp		346,934		16,718,749
UMB Financial Corp.		26,113		1,672,277
Umpqua Holdings Corp.		91,672		1,512,588
UniCredit SpA		462,327		5,938,822
Union Bankshares Corp.		13,408		433,481
United Bankshares, Inc.		59,234		2,146,640
United Community Banks, Inc.		13,642		340,095

Strategic Equity Allocation Trust (continued)
	Shares or Principal Amount		Value
COMMON STOCKS (continued)
Banks (continued)
United Overseas Bank, Ltd.		309,739	$	5,778,925
Unity Bancorp, Inc.		1,671		31,548
Univest Financial Corp.		4,989		122,031
Valley National Bancorp		193,988		1,858,405
Veritex Holdings, Inc.		7,586		183,733
Washington Trust Bancorp, Inc.		2,527		121,675
Webster Financial Corp.		38,392		1,945,323
Wells Fargo & Company		944,130		45,620,362
WesBanco, Inc.		8,982		357,035
West Bancorporation, Inc.		3,088		63,860
Westamerica Bancorporation		4,409		272,476
Westpac Banking Corp.		791,587		14,591,657
Wintrust Financial Corp.		23,472		1,580,370
Yamaguchi Financial Group, Inc.		45,454		385,394
Zions Bancorp NA		42,919		1,948,952
				693,510,607
Capital markets – 2.5%
3i Group PLC		224,201		2,875,018
Affiliated Managers Group, Inc.		12,018		1,287,248
Ameriprise Financial, Inc.		31,251		4,003,253
Amundi SA (C)		13,945		878,209
Artisan Partners Asset Management, Inc., Class A		8,484		213,542
ASX, Ltd.		44,696		2,220,279
B. Riley Financial, Inc.		3,860		64,423
BlackRock, Inc.		28,059		11,991,575
Blucora, Inc. (A)		8,302		277,121
BrightSphere Investment Group PLC		14,132		191,630
Cboe Global Markets, Inc.		25,872		2,469,224
CME Group, Inc.		82,500		13,577,850
Cohen & Steers, Inc.		3,959		167,347
Cowen, Inc. (A)		4,891		70,871
Credit Suisse Group AG (A)		588,915		6,864,640
Daiwa Securities Group, Inc.		371,908		1,812,797
Deutsche Bank AG (B)		452,434		3,688,246
Deutsche Boerse AG		43,802		5,616,277
Diamond Hill Investment Group, Inc.		603		84,420
Donnelley Financial Solutions, Inc. (A)		6,079		90,456
E*TRADE Financial Corp.		56,807		2,637,549
Eaton Vance Corp.		47,847		1,928,713
Evercore, Inc., Class A		17,032		1,549,912
FactSet Research Systems, Inc.		15,802		3,923,163
Federated Investors, Inc., Class B		56,550		1,657,481
Focus Financial Partners, Inc., Class A (A)		4,702		167,579
Franklin Resources, Inc.		68,178		2,259,419
GAIN Capital Holdings, Inc. (B)		5,161		32,411
Greenhill & Company, Inc.		3,128		67,283
Hamilton Lane, Inc., Class A		2,911		126,861
Hargreaves Lansdown PLC		65,604		1,593,768
Hong Kong Exchanges & Clearing, Ltd.		273,871		9,568,649
Houlihan Lokey, Inc.		5,813		266,526
Interactive Brokers Group, Inc., Class A		31,253		1,621,406
Intercontinental Exchange, Inc.		131,106		9,982,411
INTL. FCStone, Inc. (A)		2,745		106,396
Invesco, Ltd.		91,700		1,770,727
Investec PLC		157,245		906,135
Janus Henderson Group PLC		68,536		1,712,029
Japan Exchange Group, Inc.		117,400		2,095,466
Julius Baer Group, Ltd. (A)		51,572		2,086,199
Ladenburg Thalmann Financial Services, Inc.		18,742		53,040
Legg Mason, Inc.		35,601		974,399
London Stock Exchange Group PLC		72,234		4,468,106
Macquarie Group, Ltd.		74,529		6,863,821

228

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Strategic Equity Allocation Trust (continued)
	Shares or Principal Amount		Value
COMMON STOCKS (continued)
Capital markets (continued)
MarketAxess Holdings, Inc.		15,648	$	3,850,660
Moelis & Company, Class A		7,775		323,518
Moody’s Corp.		38,320		6,939,369
Morgan Stanley		299,487		12,638,351
MSCI, Inc.		19,447		3,866,841
Nasdaq, Inc.		26,589		2,326,272
Natixis SA (B)		217,506		1,165,025
Nomura Holdings, Inc.		797,413		2,881,572
Northern Trust Corp.		50,358		4,552,867
Oppenheimer Holdings, Inc., Class A		1,808		47,044
Partners Group Holding AG		4,002		2,911,305
Piper Jaffray Companies		2,504		182,366
PJT Partners, Inc., Class A		3,490		145,882
Pzena Investment Management, Inc., Class A		3,680		29,771
Raymond James Financial, Inc.		29,278		2,354,244
S&P Global, Inc.		57,327		12,070,200
Safeguard Scientifics, Inc. (A)		4,208		45,657
SBI Holdings, Inc.		54,490		1,218,485
Schroders PLC		28,678		1,009,829
SEI Investments Company		53,640		2,802,690
Singapore Exchange, Ltd.		186,048		1,005,712
St. James’s Place PLC		122,044		1,635,530
State Street Corp.		87,335		5,747,516
Stifel Financial Corp.		41,931		2,212,280
T. Rowe Price Group, Inc.		54,481		5,454,638
The Bank of New York Mellon Corp.		202,560		10,215,101
The Charles Schwab Corp.		273,551		11,697,041
The Goldman Sachs Group, Inc.		78,981		15,163,562
UBS Group AG (A)		888,426		10,779,753
Virtus Investment Partners, Inc.		1,202		117,255
Waddell & Reed Financial, Inc., Class A (B)		13,081		226,170
Westwood Holdings Group, Inc.		1,581		55,762
WisdomTree Investments, Inc.		21,005		148,295
				242,684,438
Consumer finance – 0.4%
Acom Company, Ltd.		92,110		329,323
AEON Financial Service Company, Ltd.		25,953		529,261
American Express Company		159,472		17,430,290
Capital One Financial Corp.		107,909		8,815,086
Credit Saison Company, Ltd.		36,299		480,272
Curo Group Holdings Corp. (A)		2,339		23,460
Discover Financial Services		75,748		5,390,228
Encore Capital Group, Inc. (A)		4,613		125,612
Enova International, Inc. (A)		5,775		131,786
EZCORP, Inc., Class A (A)		9,239		86,107
FirstCash, Inc.		7,420		641,830
Green Dot Corp., Class A (A)		28,124		1,705,721
LendingClub Corp. (A)		56,932		175,920
Navient Corp.		90,387		1,045,778
Nelnet, Inc., Class A		3,221		177,380
PRA Group, Inc. (A)		7,950		213,140
Regional Management Corp. (A)		1,746		42,637
SLM Corp.		181,337		1,797,050
Synchrony Financial		150,638		4,805,352
World Acceptance Corp. (A)		1,061		124,275
				44,070,508
Diversified financial services – 1.2%
AMP, Ltd.		677,020		1,011,110
Banco Latinoamericano de Comercio Exterior SA		5,404		107,648
Berkshire Hathaway, Inc., Class B (A)		448,388		90,076,665
Cannae Holdings, Inc. (A)		11,883		288,282
Challenger, Ltd.		126,778		747,193

Strategic Equity Allocation Trust (continued)
	Shares or Principal Amount		Value
COMMON STOCKS (continued)
Diversified financial services (continued)
Eurazeo SE		10,808	$	812,692
EXOR NV		24,967		1,621,451
FGL Holdings		25,756		202,700
First Eagle Private Credit LLC (A)(D)		6,344		1,647
Groupe Bruxelles Lambert SA		18,603		1,808,590
Industrivarden AB, C Shares		38,449		806,297
Investor AB, B Shares		104,937		4,730,227
Jefferies Financial Group, Inc.		60,740		1,141,305
Kinnevik AB, B Shares		55,771		1,446,481
L E Lundbergforetagen AB, B Shares		17,540		555,497
Marlin Business Services Corp.		1,706		36,679
Mitsubishi UFJ Lease & Finance Company, Ltd.		92,696		473,187
On Deck Capital, Inc. (A)		9,435		51,138
ORIX Corp.		305,083		4,383,310
Pargesa Holding SA, Bearer Shares		8,933		700,574
Standard Life Aberdeen PLC		576,666		1,982,017
Tokyo Century Corp.		9,800		427,118
Wendel SA		6,409		807,654
				114,219,462
Insurance – 3.5%
Admiral Group PLC		46,906		1,326,785
Aegon NV		410,357		1,971,133
Aflac, Inc.		172,968		8,648,400
Ageas		42,065		2,029,071
AIA Group, Ltd.		2,783,735		27,836,708
Alleghany Corp. (A)		6,012		3,681,749
Allianz SE		97,825		21,800,054
Ambac Financial Group, Inc. (A)		7,761		140,629
American Equity Investment Life Holding Company		15,637		422,512
American Financial Group, Inc.		29,348		2,823,571
American International Group, Inc.		200,539		8,635,209
AMERISAFE, Inc.		3,279		194,773
Aon PLC		55,341		9,446,709
Argo Group International Holdings, Ltd.		5,579		394,212
Arthur J. Gallagher & Company		42,464		3,316,438
Assicurazioni Generali SpA		270,449		5,014,268
Assurant, Inc.		11,945		1,133,700
Aviva PLC		898,791		4,833,186
AXA SA		446,892		11,239,734
Baloise Holding AG		11,252		1,859,679
Brighthouse Financial, Inc. (A)		26,917		976,818
Brown & Brown, Inc.		96,477		2,847,036
Chubb, Ltd.		105,699		14,806,316
Cincinnati Financial Corp.		34,932		3,000,659
Citizens, Inc. (A)		9,237		61,611
CNO Financial Group, Inc.		95,579		1,546,468
CNP Assurances		39,568		871,208
Dai-ichi Life Holdings, Inc.		248,437		3,458,571
Direct Line Insurance Group PLC		317,045		1,458,477
eHealth, Inc. (A)		3,816		237,889
EMC Insurance Group, Inc.		1,643		52,379
Employers Holdings, Inc.		5,500		220,605
Enstar Group, Ltd. (A)		2,089		363,486
Everest Re Group, Ltd.		9,389		2,027,648
FBL Financial Group, Inc., Class A		1,806		113,272
FedNat Holding Company		2,271		36,427
First American Financial Corp.		46,316		2,385,274
Genworth Financial, Inc., Class A (A)		296,057		1,133,898
Gjensidige Forsikring ASA (B)		46,212		798,794
Global Indemnity, Ltd.		1,543		46,876
Goosehead Insurance, Inc., Class A		1,825		50,881
Greenlight Capital Re, Ltd., Class A (A)(B)		5,625		61,144

229

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Strategic Equity Allocation Trust (continued)
	Shares or Principal Amount		Value
COMMON STOCKS (continued)
Insurance (continued)
Hannover Rueck SE		13,902	$	1,997,588
HCI Group, Inc.		1,262		53,925
Health Insurance Innovations, Inc., Class A (A)(B)		2,285		61,284
Heritage Insurance Holdings, Inc.		3,773		55,086
Horace Mann Educators Corp.		7,285		256,505
Insurance Australia Group, Ltd.		532,867		2,908,698
Investors Title Company		269		42,475
James River Group Holdings, Ltd.		4,456		178,596
Japan Post Holdings Company, Ltd.		362,900		4,247,332
Kemper Corp.		34,387		2,618,226
Kingstone Companies, Inc.		2,057		30,320
Kinsale Capital Group, Inc.		3,352		229,847
Legal & General Group PLC		1,373,263		4,928,123
Lincoln National Corp.		47,130		2,766,531
Loews Corp.		63,218		3,030,039
Mapfre SA		248,937		686,176
Marsh & McLennan Companies, Inc.		116,471		10,936,627
MBIA, Inc. (A)		15,627		148,769
Medibank Pvt., Ltd.		635,189		1,246,791
Mercury General Corp.		11,287		565,140
MetLife, Inc.		220,735		9,396,689
MS&AD Insurance Group Holdings, Inc.		109,351		3,331,768
Muenchener Rueckversicherungs-Gesellschaft AG		34,457		8,166,116
National General Holdings Corp.		11,306		268,291
National Western Life Group, Inc., Class A		410		107,613
NI Holdings, Inc. (A)		2,123		33,968
NN Group NV		70,779		2,944,863
Old Republic International Corp.		118,412		2,477,179
Poste Italiane SpA (C)		120,217		1,171,039
Primerica, Inc.		25,172		3,074,760
Principal Financial Group, Inc.		59,700		2,996,343
ProAssurance Corp.		9,317		322,461
Protective Insurance Corp., Class B		2,002		37,077
Prudential Financial, Inc.		94,318		8,665,938
Prudential PLC		597,332		11,973,800
QBE Insurance Group, Ltd.		306,233		2,679,208
Reinsurance Group of America, Inc.		26,080		3,702,838
RenaissanceRe Holdings, Ltd.		17,544		2,517,564
RLI Corp.		6,785		486,824
RSA Insurance Group PLC		236,690		1,566,323
Safety Insurance Group, Inc.		2,506		218,373
Sampo OYJ, A Shares		102,152		4,629,816
SCOR SE		37,538		1,598,824
Selective Insurance Group, Inc.		10,057		636,407
Sompo Holdings, Inc.		73,091		2,706,777
Sony Financial Holdings, Inc.		40,116		757,064
State Auto Financial Corp.		2,981		98,135
Stewart Information Services Corp.		4,035		172,254
Suncorp Group, Ltd.		299,368		2,932,132
Swiss Life Holding AG (A)		7,885		3,474,132
Swiss Re AG		70,234		6,865,031
T&D Holdings, Inc.		128,225		1,350,309
The Allstate Corp.		76,548		7,209,291
The Hanover Insurance Group, Inc.		16,861		1,925,020
The Hartford Financial Services Group, Inc.		82,908		4,122,186
The Navigators Group, Inc.		3,523		246,152
The Progressive Corp.		134,633		9,705,693
The Travelers Companies, Inc.		60,739		8,330,961
Third Point Reinsurance, Ltd. (A)		13,271		137,753
Tiptree, Inc.		5,512		34,891
Tokio Marine Holdings, Inc.		149,285		7,232,363

Strategic Equity Allocation Trust (continued)
	Shares or Principal Amount		Value
COMMON STOCKS (continued)
Insurance (continued)
Torchmark Corp.		23,389	$	1,916,729
Trupanion, Inc. (A)(B)		4,652		152,306
Tryg A/S (B)		27,822		763,769
United Fire Group, Inc.		3,608		157,706
United Insurance Holdings Corp.		3,826		60,833
Universal Insurance Holdings, Inc.		5,405		167,555
Unum Group		49,527		1,675,498
W.R. Berkley Corp.		40,057		3,393,629
Willis Towers Watson PLC		29,777		5,230,330
Zurich Insurance Group AG		34,881		11,546,887
				345,661,803
Mortgage real estate investment trusts –0.0%
AG Mortgage Investment Trust, Inc.		4,804		80,899
Anworth Mortgage Asset Corp.		18,557		74,970
Apollo Commercial Real Estate Finance, Inc.		20,918		380,708
Arbor Realty Trust, Inc.		12,387		160,659
Ares Commercial Real Estate Corp.		4,816		73,155
Arlington Asset Investment Corp., Class A (B)		5,712		45,468
ARMOUR Residential REIT, Inc.		8,533		166,649
Blackstone Mortgage Trust, Inc., Class A		19,369		669,393
Capstead Mortgage Corp.		14,800		127,132
Cherry Hill Mortgage Investment Corp.		2,784		47,940
Colony Credit Real Estate, Inc. (B)		14,806		231,862
Dynex Capital, Inc.		12,298		74,895
Exantas Capital Corp.		5,691		60,495
Granite Point Mortgage Trust, Inc.		8,517		158,161
Great Ajax Corp.		3,424		47,046
Invesco Mortgage Capital, Inc.		21,993		347,489
KKR Real Estate Finance Trust, Inc.		3,354		67,147
Ladder Capital Corp.		15,842		269,631
New York Mortgage Trust, Inc.		29,450		179,351
Orchid Island Capital, Inc.		8,855		58,266
PennyMac Mortgage Investment Trust		9,798		202,917
Ready Capital Corp.		3,164		46,416
Redwood Trust, Inc.		16,106		260,112
TPG RE Finance Trust, Inc.		5,331		104,488
Western Asset Mortgage Capital Corp.		8,175		83,630
				4,018,879
Thrifts and mortgage finance – 0.1%
Axos Financial, Inc. (A)		10,015		290,034
BankFinancial Corp.		2,610		38,811
Bridgewater Bancshares, Inc. (A)		4,580		47,220
BSB Bancorp, Inc. (A)		1,549		50,869
Capitol Federal Financial, Inc.		22,251		297,051
Columbia Financial, Inc. (A)		8,767		137,379
Dime Community Bancshares, Inc.		5,622		105,300
Entegra Financial Corp. (A)		1,482		33,271
ESSA Bancorp, Inc.		2,105		32,417
Essent Group, Ltd. (A)		16,608		721,618
Federal Agricultural Mortgage Corp., Class C		1,552		112,411
First Defiance Financial Corp.		3,388		97,371
Flagstar Bancorp, Inc.		4,951		162,987
FS Bancorp, Inc.		809		40,838
Hingham Institution for Savings		234		40,250
Home Bancorp, Inc.		1,499		49,842
HomeStreet, Inc. (A)		4,426		116,625
Kearny Financial Corp.		15,310		197,040
LendingTree, Inc. (A)(B)		4,485		1,576,747
Luther Burbank Corp.		4,156		41,976
Merchants Bancorp		2,873		61,770
Meridian Bancorp, Inc.		8,776		137,695
Meta Financial Group, Inc.		5,064		99,660

230

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Strategic Equity Allocation Trust (continued)
	Shares or Principal Amount		Value
COMMON STOCKS (continued)
Thrifts and mortgage finance (continued)
MGIC Investment Corp. (A)		61,593	$	812,412
Mr. Cooper Group, Inc. (A)		13,029		124,948
New York Community Bancorp, Inc.		194,146		2,246,269
NMI Holdings, Inc., Class A (A)		10,984		284,156
Northfield Bancorp, Inc.		7,933		110,269
Northwest Bancshares, Inc.		15,685		266,174
OceanFirst Financial Corp.		8,305		199,818
Ocwen Financial Corp. (A)		22,459		40,875
Oritani Financial Corp.		6,673		110,972
PCSB Financial Corp.		2,944		57,614
PDL Community Bancorp (A)		2,200		30,690
PennyMac Financial Services, Inc.		3,527		78,440
Provident Financial Services, Inc.		10,295		266,538
Radian Group, Inc.		37,503		777,812
Riverview Bancorp, Inc.		4,614		33,728
SI Financial Group, Inc.		2,591		33,450
Southern Missouri Bancorp, Inc.		1,373		42,288
Sterling Bancorp, Inc.		4,213		42,720
Territorial Bancorp, Inc.		1,610		43,325
Timberland Bancorp, Inc.		1,428		39,955
TrustCo Bank Corp.		16,868		130,896
United Community Financial Corp.		8,121		75,931
United Financial Bancorp, Inc.		9,190		131,877
Walker & Dunlop, Inc.		4,789		243,808
Washington Federal, Inc.		47,552		1,373,777
Waterstone Financial, Inc.		4,027		66,284
Western New England Bancorp, Inc.		5,127		47,322
WSFS Financial Corp.		8,841		341,263
				12,542,793
				1,456,708,490
Health care – 12.9%
Biotechnology – 1.8%
AbbVie, Inc.		340,144		27,412,205
Abeona Therapeutics, Inc. (A)(B)		5,833		42,931
ACADIA Pharmaceuticals, Inc. (A)		19,786		531,254
Acceleron Pharma, Inc. (A)		7,638		355,702
Achillion Pharmaceuticals, Inc. (A)		24,178		71,567
Acorda Therapeutics, Inc. (A)		7,719		102,586
Adamas Pharmaceuticals, Inc. (A)		4,369		31,064
Aduro Biotech, Inc. (A)		11,657		46,395
Adverum Biotechnologies, Inc. (A)		10,149		53,181
Aeglea BioTherapeutics, Inc. (A)		3,725		29,986
Agenus, Inc. (A)(B)		17,457		51,847
Aimmune Therapeutics, Inc. (A)		7,748		173,168
Akebia Therapeutics, Inc. (A)		15,344		125,667
Albireo Pharma, Inc. (A)		1,778		57,269
Alder Biopharmaceuticals, Inc. (A)		10,331		141,018
Aldeyra Therapeutics, Inc. (A)		4,086		36,897
Alexion Pharmaceuticals, Inc. (A)		51,528		6,965,555
Allakos, Inc. (A)(B)		2,527		102,344
Allogene Therapeutics, Inc. (A)		3,909		113,009
AMAG Pharmaceuticals, Inc. (A)		6,152		79,238
Amgen, Inc.		143,484		27,259,090
Amicus Therapeutics, Inc. (A)		33,118		450,405
AnaptysBio, Inc. (A)		3,710		271,016
Anika Therapeutics, Inc. (A)		2,552		77,172
Apellis Pharmaceuticals, Inc. (A)		6,456		125,892
Arbutus Biopharma Corp. (A)		6,978		24,981
Arcus Biosciences, Inc. (A)		5,645		70,506
Ardelyx, Inc. (A)		8,799		24,637
Arena Pharmaceuticals, Inc. (A)		8,681		389,169
ArQule, Inc. (A)		19,182		91,882
Array BioPharma, Inc. (A)		36,784		896,794
Arrowhead Pharmaceuticals, Inc. (A)		16,334		299,729
Assembly Biosciences, Inc. (A)		3,855		75,905

Strategic Equity Allocation Trust (continued)
	Shares or Principal Amount		Value
COMMON STOCKS (continued)
Biotechnology (continued)
Atara Biotherapeutics, Inc. (A)		7,358	$	292,481
Athenex, Inc. (A)		7,860		96,285
Athersys, Inc. (A)(B)		22,054		33,081
Audentes Therapeutics, Inc. (A)		6,540		255,191
Avid Bioservices, Inc. (A)		9,698		41,217
Avrobio, Inc. (A)		2,346		51,729
BeiGene, Ltd., ADR (A)		7,500		990,000
Bellicum Pharmaceuticals, Inc. (A)		7,860		26,488
BioCryst Pharmaceuticals, Inc. (A)		19,285		156,980
Biogen, Inc. (A)		45,356		10,721,251
Biohaven Pharmaceutical Holding Company, Ltd. (A)		5,463		281,181
BioSpecifics Technologies Corp. (A)		1,010		62,953
BioTime, Inc. (A)(B)		21,863		28,641
Blueprint Medicines Corp. (A)		7,219		577,881
Calithera Biosciences, Inc. (A)		6,403		43,156
Cara Therapeutics, Inc. (A)(B)		5,788		113,561
CareDx, Inc. (A)		6,085		191,799
CASI Pharmaceuticals, Inc. (A)		9,050		25,974
Catalyst Biosciences, Inc. (A)		2,490		20,194
Catalyst Pharmaceuticals, Inc. (A)		17,621		89,867
Celgene Corp. (A)		161,957		15,279,023
Cellular Biomedicine Group, Inc. (A)		2,175		37,628
ChemoCentryx, Inc. (A)		4,115		57,157
Clovis Oncology, Inc. (A)		8,306		206,155
Coherus Biosciences, Inc. (A)		9,227		125,856
Concert Pharmaceuticals, Inc. (A)		3,922		47,339
Constellation Pharmaceuticals, Inc. (A)		3,031		41,070
Corbus Pharmaceuticals Holdings, Inc. (A)		9,885		68,701
Crinetics Pharmaceuticals, Inc. (A)		1,595		36,302
CSL, Ltd.		104,383		14,483,386
Cue Biopharma, Inc. (A)		3,698		28,586
Cytokinetics, Inc. (A)		8,240		66,662
CytomX Therapeutics, Inc. (A)		8,042		86,452
Deciphera Pharmaceuticals, Inc. (A)		1,566		36,347
Denali Therapeutics, Inc. (A)		7,906		183,577
Dicerna Pharmaceuticals, Inc. (A)		9,566		140,142
Dynavax Technologies Corp. (A)		11,252		82,252
Eagle Pharmaceuticals, Inc. (A)		1,881		94,972
Editas Medicine, Inc. (A)		8,142		199,072
Eidos Therapeutics, Inc. (A)(B)		2,934		68,802
Emergent BioSolutions, Inc. (A)		7,907		399,462
Enanta Pharmaceuticals, Inc. (A)		2,924		279,300
Epizyme, Inc. (A)		10,636		131,780
Esperion Therapeutics, Inc. (A)		4,037		162,086
Evelo Biosciences, Inc. (A)(B)		2,825		22,600
Exelixis, Inc. (A)		124,728		2,968,526
Fate Therapeutics, Inc. (A)		10,669		187,454
FibroGen, Inc. (A)		13,259		720,627
Five Prime Therapeutics, Inc. (A)		6,211		83,227
Flexion Therapeutics, Inc. (A)		6,124		76,428
Forty Seven, Inc. (A)(B)		2,633		42,549
G1 Therapeutics, Inc. (A)		4,230		70,218
Genmab A/S (A)		14,164		2,457,703
Genomic Health, Inc. (A)		3,645		255,332
Geron Corp. (A)		30,654		50,886
Gilead Sciences, Inc.		294,117		19,120,546
Global Blood Therapeutics, Inc. (A)		9,346		494,684
GlycoMimetics, Inc. (A)		6,215		77,439
Gossamer Bio, Inc. (A)		2,009		43,535
Grifols SA		68,665		1,925,370
Halozyme Therapeutics, Inc. (A)		21,934		353,137
Heron Therapeutics, Inc. (A)		12,048		294,453
Homology Medicines, Inc. (A)(B)		2,993		82,996

231

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Strategic Equity Allocation Trust (continued)
	Shares or Principal Amount		Value
COMMON STOCKS (continued)
Biotechnology (continued)
Immune Design Corp. (A)		6,326	$	37,007
ImmunoGen, Inc. (A)		26,391		71,520
Immunomedics, Inc. (A)		26,185		503,014
Incyte Corp. (A)		40,969		3,523,744
Inovio Pharmaceuticals, Inc. (A)(B)		16,479		61,467
Insmed, Inc. (A)		13,417		390,032
Insys Therapeutics, Inc. (A)		5,288		24,431
Intellia Therapeutics, Inc. (A)		5,964		101,865
Intercept Pharmaceuticals, Inc. (A)(B)		3,824		427,753
Intrexon Corp. (A)(B)		13,486		70,936
Invitae Corp. (A)		12,388		290,127
Iovance Biotherapeutics, Inc. (A)		18,525		176,173
Ironwood Pharmaceuticals, Inc. (A)		24,732		334,624
Jounce Therapeutics, Inc. (A)		3,439		21,322
Kadmon Holdings, Inc. (A)(B)		18,718		49,416
Karyopharm Therapeutics, Inc. (A)(B)		9,213		53,804
Kezar Life Sciences, Inc. (A)		2,339		41,494
Kindred Biosciences, Inc. (A)		6,583		60,366
Kiniksa Pharmaceuticals, Ltd., Class A (A)		2,237		40,400
Kura Oncology, Inc. (A)		5,114		84,841
La Jolla Pharmaceutical Company (A)		4,105		26,395
Lexicon Pharmaceuticals, Inc. (A)(B)		8,149		45,308
Ligand Pharmaceuticals, Inc. (A)		12,134		1,525,365
MacroGenics, Inc. (A)		6,893		123,936
Madrigal Pharmaceuticals, Inc. (A)(B)		1,201		150,437
Magenta Therapeutics, Inc. (A)		2,682		44,173
MannKind Corp. (A)(B)		29,878		58,860
MediciNova, Inc. (A)		7,410		61,355
MeiraGTx Holdings PLC (A)		2,253		38,819
Minerva Neurosciences, Inc. (A)		5,728		45,022
Mirati Therapeutics, Inc. (A)(B)		3,736		273,849
Momenta Pharmaceuticals, Inc. (A)		17,246		250,584
Myriad Genetics, Inc. (A)		11,995		398,234
Natera, Inc. (A)		5,921		122,091
Novavax, Inc. (A)		73,209		40,331
OPKO Health, Inc. (A)		57,309		149,576
Organovo Holdings, Inc. (A)(B)		25,552		25,348
Palatin Technologies, Inc. (A)(B)		38,569		37,805
PDL BioPharma, Inc. (A)		25,094		93,350
Pfenex, Inc. (A)		5,770		35,659
Pieris Pharmaceuticals, Inc. (A)		10,456		35,028
PolarityTE, Inc. (A)(B)		1,987		21,261
Portola Pharmaceuticals, Inc. (A)(B)		11,440		396,968
Principia Biopharma, Inc. (A)		1,073		36,482
Progenics Pharmaceuticals, Inc. (A)		15,521		72,017
Proteostasis Therapeutics, Inc. (A)		5,925		7,466
Prothena Corp. PLC (A)		7,357		89,240
PTC Therapeutics, Inc. (A)		8,993		338,497
Puma Biotechnology, Inc. (A)		5,074		196,820
Ra Pharmaceuticals, Inc. (A)		3,333		74,659
Radius Health, Inc. (A)		7,264		144,844
Recro Pharma, Inc. (A)		3,532		20,698
Regeneron Pharmaceuticals, Inc. (A)		18,071		7,420,314
REGENXBIO, Inc. (A)		5,600		320,936
Repligen Corp. (A)		6,804		401,980
Replimune Group, Inc. (A)		2,280		34,702
Retrophin, Inc. (A)		7,299		165,176
Rhythm Pharmaceuticals, Inc. (A)		2,717		74,473
Rigel Pharmaceuticals, Inc. (A)		30,982		79,624
Rocket Pharmaceuticals, Inc. (A)		4,257		74,668
Rubius Therapeutics, Inc. (A)(B)		6,101		110,428
Sangamo Therapeutics, Inc. (A)		17,989		171,615
Savara, Inc. (A)		5,601		41,279
Scholar Rock Holding Corp. (A)		2,749		51,654

Strategic Equity Allocation Trust (continued)
	Shares or Principal Amount		Value
COMMON STOCKS (continued)
Biotechnology (continued)
Selecta Biosciences, Inc. (A)		7,297	$	17,294
Seres Therapeutics, Inc. (A)		4,126		28,346
Solid Biosciences, Inc. (A)		2,391		21,997
Sorrento Therapeutics, Inc. (A)(B)		21,076		100,111
Spark Therapeutics, Inc. (A)		5,479		623,949
Spectrum Pharmaceuticals, Inc. (A)		17,706		189,277
Spring Bank Pharmaceuticals, Inc. (A)		2,833		29,718
Stemline Therapeutics, Inc. (A)		6,996		89,899
Synlogic, Inc. (A)		3,266		24,789
Synthorx, Inc. (A)		1,361		27,724
Syros Pharmaceuticals, Inc. (A)		4,934		45,097
TG Therapeutics, Inc. (A)(B)		11,144		89,598
Tocagen, Inc. (A)		3,858		41,936
Translate Bio, Inc. (A)		5,443		55,464
Twist Bioscience Corp. (A)		1,031		23,899
Tyme Technologies, Inc. (A)		19,338		34,035
Ultragenyx Pharmaceutical, Inc. (A)		9,177		636,517
United Therapeutics Corp. (A)		18,202		2,136,369
UNITY Biotechnology, Inc. (A)		4,633		37,574
Vanda Pharmaceuticals, Inc. (A)		8,983		165,287
Veracyte, Inc. (A)		4,963		124,174
Verastem, Inc. (A)(B)		12,799		37,885
Vericel Corp. (A)		7,617		133,374
Vertex Pharmaceuticals, Inc. (A)		58,947		10,843,301
Viking Therapeutics, Inc. (A)		10,831		107,660
Voyager Therapeutics, Inc. (A)		3,917		74,971
Xencor, Inc. (A)		8,160		253,450
Y-mAbs Therapeutics, Inc. (A)		1,329		34,833
ZIOPHARM Oncology, Inc. (A)(B)		23,643		91,026
				178,761,006
Health care equipment and supplies – 2.8%
Abbott Laboratories		404,989		32,374,821
ABIOMED, Inc. (A)		10,397		2,969,279
Accuray, Inc. (A)		15,806		75,395
Align Technology, Inc. (A)		16,785		4,772,479
AngioDynamics, Inc. (A)		6,414		146,624
Antares Pharma, Inc. (A)		25,929		78,565
Asahi Intecc Company, Ltd.		22,500		1,059,630
AtriCure, Inc. (A)		6,441		172,554
Atrion Corp.		244		214,398
Avanos Medical, Inc. (A)		27,940		1,192,479
Axogen, Inc. (A)		5,975		125,834
Axonics Modulation Technologies, Inc. (A)		1,313		31,446
Baxter International, Inc.		109,907		8,936,538
Becton, Dickinson and Company		62,045		15,494,498
BioMerieux		9,558		790,535
Boston Scientific Corp. (A)		319,575		12,265,289
Cantel Medical Corp.		15,108		1,010,574
Cardiovascular Systems, Inc. (A)		5,922		228,945
Cerus Corp. (A)		23,807		148,318
Cochlear, Ltd.		13,315		1,641,770
Coloplast A/S, B Shares		27,383		3,005,849
CONMED Corp.		4,391		365,243
ConvaTec Group PLC (C)		317,522		585,882
CryoLife, Inc. (A)		6,216		181,321
CryoPort, Inc. (A)(B)		4,965		64,148
Cutera, Inc. (A)		2,620		46,269
CytoSorbents Corp. (A)		5,658		42,831
Danaher Corp.		144,876		19,126,530
Demant A/S (A)(B)		23,249		688,093
DENTSPLY SIRONA, Inc.		51,343		2,546,099
Edwards Lifesciences Corp. (A)		47,908		9,166,238
Fisher & Paykel Healthcare Corp., Ltd.		132,412		1,417,490
FONAR Corp. (A)		1,343		27,491

232

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (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)
GenMark Diagnostics, Inc. (A)		9,279	$	65,788
Glaukos Corp. (A)		5,923		464,186
Globus Medical, Inc., Class A (A)		44,559		2,201,660
Haemonetics Corp. (A)		30,095		2,632,711
Heska Corp. (A)		1,200		102,144
Hill-Rom Holdings, Inc.		27,697		2,932,004
Hologic, Inc. (A)		61,758		2,989,087
Hoya Corp.		87,907		5,822,716
ICU Medical, Inc. (A)		6,908		1,653,292
IDEXX Laboratories, Inc. (A)		19,833		4,434,659
Inogen, Inc. (A)		10,554		1,006,535
Integer Holdings Corp. (A)		5,393		406,740
Integra LifeSciences Holdings Corp. (A)		29,427		1,639,672
IntriCon Corp. (A)		1,415		35,488
Intuitive Surgical, Inc. (A)		26,398		15,062,171
Invacare Corp.		6,171		51,651
iRhythm Technologies, Inc. (A)		4,205		315,207
Koninklijke Philips NV		213,544		8,724,885
Lantheus Holdings, Inc. (A)		6,497		159,047
LeMaitre Vascular, Inc.		2,840		88,040
LivaNova PLC (A)		28,644		2,785,629
Masimo Corp. (A)		20,346		2,813,445
Medtronic PLC		309,258		28,167,219
Meridian Bioscience, Inc.		7,299		128,535
Merit Medical Systems, Inc. (A)		9,260		572,546
Natus Medical, Inc. (A)		5,804		147,306
Neogen Corp. (A)		8,766		503,081
Neuronetics, Inc. (A)		2,425		36,981
Nevro Corp. (A)		5,075		317,238
Novocure, Ltd. (A)		12,796		616,383
NuVasive, Inc. (A)		30,342		1,723,122
Nuvectra Corp. (A)		3,205		35,287
Olympus Corp.		268,408		2,920,070
OraSure Technologies, Inc. (A)		10,724		119,573
Orthofix Medical, Inc. (A)		3,051		172,107
OrthoPediatrics Corp. (A)		1,401		61,966
Oxford Immunotec Global PLC (A)		4,729		81,481
Pulse Biosciences, Inc. (A)(B)		1,971		34,670
Quidel Corp. (A)		5,955		389,874
ResMed, Inc.		33,049		3,436,105
Rockwell Medical, Inc. (A)		8,781		49,964
RTI Surgical Holdings, Inc. (A)		10,505		63,135
SeaSpine Holdings Corp. (A)		2,898		43,702
Senseonics Holdings, Inc. (A)		15,927		39,021
SI-BONE, Inc. (A)(B)		1,625		30,615
Siemens Healthineers AG (C)		34,628		1,445,730
Sientra, Inc. (A)		4,408		37,821
Smith & Nephew PLC		201,662		4,004,814
Sonova Holding AG		12,806		2,537,760
STAAR Surgical Company (A)		7,673		262,340
STERIS PLC		35,115		4,495,773
Straumann Holding AG		2,380		1,945,649
Stryker Corp.		71,321		14,087,324
Surmodics, Inc. (A)		2,320		100,874
Sysmex Corp.		38,579		2,336,982
Tactile Systems Technology, Inc. (A)		3,036		160,058
Tandem Diabetes Care, Inc. (A)		8,874		563,499
Teleflex, Inc.		10,614		3,207,126
Terumo Corp.		140,034		4,285,834
The Cooper Companies, Inc.		11,378		3,369,822
TransEnterix, Inc. (A)(B)		30,044		71,505
Utah Medical Products, Inc.		653		57,627
Varex Imaging Corp. (A)		6,676		226,183
Varian Medical Systems, Inc. (A)		20,934		2,966,766
ViewRay, Inc. (A)(B)		11,362		83,965

Strategic Equity Allocation Trust (continued)
	Shares or Principal Amount		Value
COMMON STOCKS (continued)
Health care equipment and supplies (continued)
West Pharmaceutical Services, Inc.		30,835	$	3,398,017
Wright Medical Group NV (A)		21,656		681,081
Zimmer Biomet Holdings, Inc.		47,146		6,020,544
				273,417,287
Health care providers and services – 1.9%
Acadia Healthcare Company, Inc. (A)		36,735		1,076,703
Addus HomeCare Corp. (A)		1,702		108,230
Alfresa Holdings Corp.		43,300		1,233,909
Amedisys, Inc. (A)		16,754		2,065,098
AmerisourceBergen Corp.		36,042		2,866,060
AMN Healthcare Services, Inc. (A)		8,042		378,698
Anthem, Inc.		59,267		17,008,444
BioScrip, Inc. (A)		24,515		49,030
BioTelemetry, Inc. (A)		5,745		359,752
Brookdale Senior Living, Inc. (A)		33,378		219,627
Cardinal Health, Inc.		68,748		3,310,216
Centene Corp. (A)		95,293		5,060,058
Chemed Corp.		6,634		2,123,344
Cigna Corp.		87,643		14,094,747
Community Health Systems, Inc. (A)(B)		15,600		58,188
CorVel Corp. (A)		1,554		101,383
Covetrus, Inc. (A)		39,717		1,264,986
Cross Country Healthcare, Inc. (A)		6,707		47,150
CVS Health Corp.		299,119		16,131,488
DaVita, Inc. (A)		28,979		1,573,270
Diplomat Pharmacy, Inc. (A)		10,373		60,267
Encompass Health Corp.		41,027		2,395,977
Fresenius Medical Care AG & Company KGaA		49,852		4,029,034
Fresenius SE & Company KGaA		96,151		5,374,064
Guardant Health, Inc. (A)(B)		2,544		195,125
HCA Healthcare, Inc.		61,583		8,029,192
HealthEquity, Inc. (A)		32,017		2,368,618
Henry Schein, Inc. (A)		34,922		2,099,161
Humana, Inc.		31,265		8,316,490
Laboratory Corp. of America Holdings (A)		22,741		3,478,918
LHC Group, Inc. (A)		5,133		569,044
Magellan Health, Inc. (A)		4,267		281,281
McKesson Corp.		44,235		5,178,149
Medipal Holdings Corp.		39,541		940,832
MEDNAX, Inc. (A)		36,516		992,140
Molina Healthcare, Inc. (A)		25,968		3,686,417
National HealthCare Corp.		2,136		162,080
National Research Corp.		1,943		75,000
NMC Health PLC		23,993		715,153
Owens & Minor, Inc.		11,520		47,232
Patterson Companies, Inc.		48,768		1,065,581
PetIQ, Inc. (A)		2,796		87,822
Quest Diagnostics, Inc.		30,982		2,785,901
R1 RCM, Inc. (A)		17,944		173,518
RadNet, Inc. (A)		7,175		88,898
Ramsay Health Care, Ltd.		32,657		1,493,360
Ryman Healthcare, Ltd.		92,605		773,217
Select Medical Holdings Corp. (A)		19,167		270,063
Sonic Healthcare, Ltd.		100,195		1,748,651
Surgery Partners, Inc. (A)		3,674		41,443
Suzuken Company, Ltd.		16,648		965,663
Tenet Healthcare Corp. (A)		49,181		1,418,380
The Ensign Group, Inc.		8,680		444,329
The Providence Service Corp. (A)		1,986		132,307
Tivity Health, Inc. (A)		8,446		148,312
Triple-S Management Corp., Class B (A)		3,813		87,013
UnitedHealth Group, Inc.		221,258		54,708,253
Universal Health Services, Inc., Class B		19,270		2,577,748

233

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Strategic Equity Allocation Trust (continued)
	Shares or Principal Amount		Value
COMMON STOCKS (continued)
Health care providers and services (continued)
US Physical Therapy, Inc.		2,189	$	229,911
WellCare Health Plans, Inc. (A)		11,529		3,109,948
				190,474,873
Health care technology – 0.1%
Allscripts Healthcare Solutions, Inc. (A)		101,545		968,739
Castlight Health, Inc., B Shares (A)		14,353		53,824
Cerner Corp. (A)		74,806		4,279,651
Computer Programs & Systems, Inc.		2,106		62,527
Evolent Health, Inc., Class A (A)		11,936		150,155
HealthStream, Inc. (A)		4,575		128,375
HMS Holdings Corp. (A)		14,445		427,716
Inovalon Holdings, Inc., Class A (A)		12,111		150,540
Inspire Medical Systems, Inc. (A)		2,587		146,890
M3, Inc.		97,086		1,633,925
Medidata Solutions, Inc. (A)		35,922		2,630,927
NextGen Healthcare, Inc. (A)		9,442		158,909
Omnicell, Inc. (A)		6,740		544,862
Simulations Plus, Inc.		2,158		45,555
Tabula Rasa HealthCare, Inc. (A)(B)		3,084		173,999
Teladoc Health, Inc. (A)		11,685		649,686
Vocera Communications, Inc. (A)		5,297		167,544
				12,373,824
Life sciences tools and services – 0.9%
Accelerate Diagnostics, Inc. (A)(B)		4,703		98,857
Agilent Technologies, Inc.		73,244		5,887,353
Bio-Rad Laboratories, Inc., Class A (A)		8,360		2,555,485
Bio-Techne Corp.		15,683		3,113,860
Cambrex Corp. (A)		5,858		227,583
Charles River Laboratories International, Inc. (A)		20,019		2,907,760
ChromaDex Corp. (A)(B)		8,058		33,763
Codexis, Inc. (A)		8,918		183,087
Enzo Biochem, Inc. (A)		9,459		25,823
Eurofins Scientific SE (B)		2,644		1,095,308
Fluidigm Corp. (A)		5,932		78,836
Harvard Bioscience, Inc. (A)		7,654		32,989
Illumina, Inc. (A)		33,897		10,531,459
IQVIA Holdings, Inc. (A)		36,486		5,248,511
Lonza Group AG (A)		17,166		5,329,299
Luminex Corp.		7,244		166,684
Medpace Holdings, Inc. (A)		3,780		222,907
Mettler-Toledo International, Inc. (A)		5,718		4,134,114
NanoString Technologies, Inc. (A)		4,586		109,743
NeoGenomics, Inc. (A)		14,357		293,744
Pacific Biosciences of California, Inc. (A)		24,176		174,792
PerkinElmer, Inc.		25,556		2,462,576
PRA Health Sciences, Inc. (A)		24,506		2,702,767
QIAGEN NV (A)		53,269		2,162,303
Quanterix Corp. (A)		1,616		41,741
Sartorius Stedim Biotech (B)		6,379		808,279
Syneos Health, Inc. (A)		36,176		1,872,470
Thermo Fisher Scientific, Inc.		92,829		25,409,154
Waters Corp. (A)		16,491		4,150,950
				82,062,197
Pharmaceuticals – 5.4%
Aclaris Therapeutics, Inc. (A)		6,929		41,505
Aerie Pharmaceuticals, Inc. (A)		6,230		295,925
Akcea Therapeutics, Inc. (A)		2,324		65,839
Akorn, Inc. (A)		17,198		60,537
Allergan PLC		72,101		10,556,307
Amneal Pharmaceuticals, Inc. (A)		15,245		216,022
Amphastar Pharmaceuticals, Inc. (A)		6,172		126,094
ANI Pharmaceuticals, Inc. (A)		1,425		100,520

Strategic Equity Allocation Trust (continued)
	Shares or Principal Amount		Value
COMMON STOCKS (continued)
Pharmaceuticals (continued)
Aratana Therapeutics, Inc. (A)		8,850	$	31,860
Arvinas, Inc. (A)		1,579		23,306
Assertio Therapeutics, Inc. (A)		10,892		55,222
Astellas Pharma, Inc.		433,547		6,514,379
AstraZeneca PLC		292,018		23,309,281
Bayer AG		214,955		13,841,362
Bristol-Myers Squibb Company		376,482		17,961,956
Catalent, Inc. (A)		60,509		2,456,060
Chugai Pharmaceutical Company, Ltd.		51,634		3,556,497
Collegium Pharmaceutical, Inc. (A)		5,217		78,985
Corcept Therapeutics, Inc. (A)(B)		17,054		200,214
Corium International, Inc. (A)(D)		5,285		951
Cymabay Therapeutics, Inc. (A)		10,558		140,210
Daiichi Sankyo Company, Ltd.		130,786		6,039,392
Dermira, Inc. (A)		6,322		85,663
Dova Pharmaceuticals, Inc. (A)		2,510		22,314
Durect Corp. (A)		32,078		20,078
Eisai Company, Ltd.		58,068		3,267,301
Eli Lilly & Company		212,482		27,571,664
Eloxx Pharmaceuticals, Inc. (A)		4,148		48,449
Endo International PLC (A)		39,072		313,748
Evolus, Inc. (A)(B)		1,647		37,173
GlaxoSmithKline PLC		1,143,634		23,759,891
H Lundbeck A/S		16,067		696,746
Hisamitsu Pharmaceutical Company, Inc.		13,184		608,144
Horizon Pharma PLC (A)		31,382		829,426
Innoviva, Inc. (A)		11,955		167,729
Intersect ENT, Inc. (A)		5,279		169,720
Intra-Cellular Therapies, Inc. (A)		8,011		97,574
Ipsen SA		8,699		1,192,903
Johnson & Johnson		614,088		85,843,362
Kala Pharmaceuticals, Inc. (A)		3,126		25,852
Kyowa Hakko Kirin Company, Ltd.		59,859		1,306,329
Lannett Company, Inc. (A)		5,467		43,025
Mallinckrodt PLC (A)		48,996		1,065,173
Marinus Pharmaceuticals, Inc. (A)		8,923		37,298
Merck & Company, Inc.		595,178		49,500,954
Merck KGaA		29,808		3,403,208
Mitsubishi Tanabe Pharma Corp.		58,334		781,348
Mylan NV (A)		118,920		3,370,193
MyoKardia, Inc. (A)		5,952		309,444
Nektar Therapeutics (A)		40,775		1,370,040
Neos Therapeutics, Inc. (A)		9,412		24,565
Novartis AG		499,764		48,037,041
Novo Nordisk A/S, B Shares		418,804		21,888,933
Ocular Therapeutix, Inc. (A)		6,969		27,667
Odonate Therapeutics, Inc. (A)		1,414		31,264
Omeros Corp. (A)(B)		8,276		143,754
Ono Pharmaceutical Company, Ltd.		87,700		1,723,342
Optinose, Inc. (A)		3,916		40,335
Orion OYJ, Class B		24,014		902,356
Otsuka Holdings Company, Ltd.		89,993		3,543,286
Pacira Pharmaceuticals, Inc. (A)		6,972		265,354
Paratek Pharmaceuticals, Inc. (A)(B)		6,290		33,714
Perrigo Company PLC		28,630		1,378,821
Pfizer, Inc.		1,280,151		54,368,013
Phibro Animal Health Corp., Class A		3,622		119,526
Prestige Consumer Healthcare, Inc. (A)		30,598		915,186
Reata Pharmaceuticals, Inc., Class A (A)		3,298		281,880
Recordati SpA		24,142		940,711
Revance Therapeutics, Inc. (A)		6,885		108,508
Roche Holding AG		161,951		44,626,384
Sanofi		259,742		22,967,460
Santen Pharmaceutical Company, Ltd.		84,500		1,262,965
Shionogi & Company, Ltd.		63,511		3,942,861

234

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Strategic Equity Allocation Trust (continued)
	Shares or Principal Amount		Value
COMMON STOCKS (continued)
Pharmaceuticals (continued)
SIGA Technologies, Inc. (A)		9,358	$	56,242
Sumitomo Dainippon Pharma Company, Ltd.		36,692		910,662
Supernus Pharmaceuticals, Inc. (A)		8,548		299,522
Taisho Pharmaceutical Holdings Company, Ltd.		8,316		794,451
Takeda Pharmaceutical Company, Ltd.		341,998		14,005,581
Teva Pharmaceutical Industries, Ltd., ADR (A)		224,008		3,512,445
The Medicines Company (A)(B)		12,097		338,111
TherapeuticsMD, Inc. (A)(B)		32,594		158,733
Theravance Biopharma, Inc. (A)		7,621		172,768
Tricida, Inc. (A)		3,265		126,094
UCB SA		29,157		2,504,654
Verrica Pharmaceuticals, Inc. (A)		2,173		23,490
Vifor Pharma AG		10,492		1,419,890
WaVe Life Sciences, Ltd. (A)		3,567		138,580
Xeris Pharmaceuticals, Inc. (A)		3,860		38,754
Zoetis, Inc.		110,390		11,112,961
Zogenix, Inc. (A)		7,342		403,883
				535,207,920
				1,272,297,107
Industrials – 11.4%
Aerospace and defense – 2.0%
AAR Corp.		5,744		186,737
Aerojet Rocketdyne Holdings, Inc. (A)		12,565		446,434
Aerovironment, Inc. (A)		3,678		251,612
Airbus SE		134,249		17,792,851
Arconic, Inc.		98,766		1,887,418
Astronics Corp. (A)		3,797		124,238
Axon Enterprise, Inc. (A)		9,994		543,774
BAE Systems PLC		737,616		4,636,479
Cubic Corp.		5,457		306,902
Curtiss-Wright Corp.		17,776		2,014,732
Dassault Aviation SA		583		859,921
Ducommun, Inc. (A)		1,838		79,990
General Dynamics Corp.		62,481		10,576,784
Harris Corp.		27,210		4,345,709
Huntington Ingalls Industries, Inc.		9,586		1,986,219
Kratos Defense & Security Solutions, Inc. (A)		15,355		239,999
L3 Technologies, Inc.		18,295		3,775,539
Leonardo SpA		93,502		1,088,996
Lockheed Martin Corp.		56,688		17,015,470
Maxar Technologies, Inc. (B)		10,491		42,174
Meggitt PLC		179,883		1,179,228
Mercury Systems, Inc. (A)		8,176		523,918
Moog, Inc., Class A		5,569		484,225
MTU Aero Engines AG		12,008		2,721,745
National Presto Industries, Inc.		843		91,508
Northrop Grumman Corp.		39,143		10,552,953
Raytheon Company		65,087		11,851,041
Rolls-Royce Holdings PLC (A)		391,451		4,609,960
Safran SA		76,946		10,546,276
Singapore Technologies Engineering, Ltd.		364,152		1,007,023
Teledyne Technologies, Inc. (A)		15,047		3,566,289
Textron, Inc.		54,136		2,742,530
Thales SA		24,578		2,944,692
The Boeing Company		121,161		46,213,229
The KeyW Holding Corp. (A)		8,844		76,235
TransDigm Group, Inc. (A)		11,222		5,094,676
Triumph Group, Inc.		8,530		162,582
United Technologies Corp.		186,923		24,092,505
Vectrus, Inc. (A)		2,032		54,031

Strategic Equity Allocation Trust (continued)
	Shares or Principal Amount		Value
COMMON STOCKS (continued)
Aerospace and defense (continued)
Wesco Aircraft Holdings, Inc. (A)		9,548	$	83,927
				196,800,551
Air freight and logistics – 0.5%
Air Transport Services Group, Inc. (A)		10,219		235,548
Atlas Air Worldwide Holdings, Inc. (A)		4,110		207,802
Bollore SA		202,438		915,398
C.H. Robinson Worldwide, Inc.		31,571		2,746,361
Deutsche Post AG		227,963		7,418,590
Echo Global Logistics, Inc. (A)		4,982		123,454
Expeditors International of Washington, Inc.		39,588		3,004,729
FedEx Corp.		55,387		10,047,756
Forward Air Corp.		5,030		325,592
Hub Group, Inc., Class A (A)		5,688		232,355
Radiant Logistics, Inc. (A)		7,011		44,169
Royal Mail PLC		207,270		644,049
SG Holdings Company, Ltd.		22,100		644,715
United Parcel Service, Inc., Class B		160,497		17,933,935
XPO Logistics, Inc. (A)(B)		45,362		2,437,754
Yamato Holdings Company, Ltd.		71,093		1,839,234
				48,801,441
Airlines – 0.3%
Alaska Air Group, Inc.		28,149		1,579,722
Allegiant Travel Company		2,262		292,861
American Airlines Group, Inc.		92,229		2,929,193
ANA Holdings, Inc. (B)		26,449		970,354
Delta Air Lines, Inc.		142,527		7,361,520
Deutsche Lufthansa AG		54,696		1,202,274
easyJet PLC		36,592		533,095
Hawaiian Holdings, Inc.		8,659		227,299
Japan Airlines Company, Ltd.		26,540		935,257
JetBlue Airways Corp. (A)		127,376		2,083,871
Ryanair Holdings PLC, ADR (A)		6,385		478,492
Singapore Airlines, Ltd.		124,727		890,630
SkyWest, Inc.		8,920		484,267
Southwest Airlines Company		114,740		5,956,153
Spirit Airlines, Inc. (A)		11,942		631,254
United Continental Holdings, Inc. (A)		51,692		4,123,988
				30,680,230
Building products – 0.5%
AAON, Inc.		7,159		330,603
Advanced Drainage Systems, Inc.		6,292		162,145
AGC, Inc.		42,076		1,477,938
Allegion PLC		21,792		1,976,752
American Woodmark Corp. (A)		2,472		204,261
AO Smith Corp.		32,736		1,745,484
Apogee Enterprises, Inc.		4,753		178,190
Armstrong Flooring, Inc. (A)		4,107		55,855
Assa Abloy AB, B Shares		231,391		4,993,953
Builders FirstSource, Inc. (A)		20,015		267,000
Caesarstone, Ltd. (B)		4,491		70,105
Cie de Saint-Gobain		114,841		4,164,017
Continental Building Products, Inc. (A)		6,502		161,185
CSW Industrials, Inc. (A)		2,596		148,725
Daikin Industries, Ltd.		57,497		6,758,463
Fortune Brands Home & Security, Inc.		32,454		1,545,135
Geberit AG		8,563		3,502,183
Gibraltar Industries, Inc. (A)		5,542		225,061
Griffon Corp.		6,392		118,124
Insteel Industries, Inc.		3,355		70,187
JELD-WEN Holding, Inc. (A)		12,077		213,280
Johnson Controls International PLC		210,508		7,776,166
Kingspan Group PLC		35,409		1,640,742
Lennox International, Inc.		14,911		3,942,468

235

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Strategic Equity Allocation Trust (continued)
	Shares or Principal Amount		Value
COMMON STOCKS (continued)
Building products (continued)
LIXIL Group Corp.		61,550	$	822,649
Masco Corp.		67,941		2,670,761
Masonite International Corp. (A)		4,650		231,989
NCI Building Systems, Inc. (A)		7,953		48,990
Patrick Industries, Inc. (A)		4,094		185,540
PGT Innovations, Inc. (A)		10,118		140,134
Quanex Building Products Corp.		6,042		96,007
Resideo Technologies, Inc. (A)		51,183		987,320
Simpson Manufacturing Company, Inc.		7,123		422,180
TOTO, Ltd. (B)		32,700		1,390,403
Trex Company, Inc. (A)		35,388		2,177,070
Universal Forest Products, Inc.		10,453		312,440
				51,213,505
Commercial services and supplies – 0.6%
ABM Industries, Inc.		11,463		416,680
ACCO Brands Corp.		17,936		153,532
Advanced Disposal Services, Inc. (A)		12,624		353,472
Babcock International Group PLC		58,220		374,592
Brady Corp., Class A		8,151		378,288
Brambles, Ltd.		367,631		3,073,357
BrightView Holdings, Inc. (A)		5,332		76,781
Casella Waste Systems, Inc., Class A (A)		7,631		271,358
CECO Environmental Corp. (A)		5,740		41,328
Cimpress NV (A)		3,872		310,263
Cintas Corp.		19,534		3,948,017
Clean Harbors, Inc. (A)		21,108		1,509,855
Copart, Inc. (A)		46,299		2,805,256
Covanta Holding Corp.		20,469		354,318
Dai Nippon Printing Company, Ltd.		56,073		1,343,108
Deluxe Corp.		26,205		1,145,683
Edenred		55,155		2,511,788
Ennis, Inc.		4,573		94,935
G4S PLC		357,731		856,034
Healthcare Services Group, Inc.		43,616		1,438,892
Heritage-Crystal Clean, Inc. (A)		2,657		72,935
Herman Miller, Inc.		34,686		1,220,253
HNI Corp.		25,644		930,621
Interface, Inc.		10,555		161,703
ISS A/S		38,506		1,172,765
Kimball International, Inc., Class B		6,558		92,730
Knoll, Inc.		8,494		160,622
LSC Communications, Inc.		6,690		43,686
Matthews International Corp., Class A		5,539		204,666
McGrath RentCorp		4,147		234,596
Mobile Mini, Inc.		7,783		264,155
MSA Safety, Inc.		20,461		2,115,667
Multi-Color Corp.		2,472		123,328
Park24 Company, Ltd.		26,700		580,458
PICO Holdings, Inc. (A)		4,433		43,887
Pitney Bowes, Inc.		111,169		763,731
Quad/Graphics, Inc.		5,769		68,651
Republic Services, Inc.		49,689		3,994,002
Rollins, Inc.		33,498		1,394,187
RR Donnelley & Sons Company		13,091		61,790
Secom Company, Ltd.		48,455		4,155,449
Securitas AB, B Shares		72,252		1,168,759
Societe BIC SA		5,926		528,291
Sohgo Security Services Company, Ltd.		16,500		719,700
SP Plus Corp. (A)		3,993		136,241
Steelcase, Inc., Class A		14,866		216,300
Stericycle, Inc. (A)		35,446		1,928,971
Team, Inc. (A)		5,337		93,398
Tetra Tech, Inc.		9,633		574,030
The Brink’s Company		29,355		2,213,661
Toppan Printing Company, Ltd.		56,462		854,454

Strategic Equity Allocation Trust (continued)
	Shares or Principal Amount		Value
COMMON STOCKS (continued)
Commercial services and supplies (continued)
UniFirst Corp.		2,631	$	403,859
US Ecology, Inc.		3,859		216,027
Viad Corp.		3,459		194,707
VSE Corp.		1,627		51,381
Waste Management, Inc.		89,898		9,341,301
				57,958,499
Construction and engineering – 0.5%
ACS Actividades de Construccion y Servicios SA		58,956		2,591,816
AECOM (A)		64,844		1,923,921
Aegion Corp. (A)		5,928		104,155
Ameresco, Inc., Class A (A)		3,444		55,724
Argan, Inc.		2,554		127,572
Bouygues SA		50,863		1,818,283
CIMIC Group, Ltd.		22,625		777,152
Comfort Systems USA, Inc.		6,397		335,139
Dycom Industries, Inc. (A)		18,335		842,310
Eiffage SA		18,142		1,743,952
EMCOR Group, Inc.		33,214		2,427,279
Ferrovial SA		113,854		2,667,993
Fluor Corp.		31,814		1,170,755
Granite Construction, Inc.		27,074		1,168,243
Great Lakes Dredge & Dock Corp. (A)		9,991		89,020
HOCHTIEF AG		4,927		713,882
Jacobs Engineering Group, Inc.		27,037		2,032,912
JGC Corp. (B)		47,906		638,759
Kajima Corp.		103,885		1,536,742
KBR, Inc.		83,115		1,586,665
MasTec, Inc. (A)		36,606		1,760,749
MYR Group, Inc. (A)		2,938		101,743
Northwest Pipe Company (A)		1,778		42,672
NV5 Global, Inc. (A)		1,646		97,707
Obayashi Corp.		150,115		1,512,961
Primoris Services Corp.		7,408		153,197
Quanta Services, Inc.		32,635		1,231,645
Shimizu Corp.		127,729		1,112,420
Skanska AB, B Shares (B)		78,726		1,431,767
Sterling Construction Company, Inc. (A)		4,966		62,174
Taisei Corp.		49,273		2,292,317
Tutor Perini Corp. (A)		6,599		112,975
Valmont Industries, Inc.		9,117		1,186,122
Vinci SA		117,167		11,400,563
WillScot Corp. (A)		7,110		78,850
				46,930,136
Electrical equipment – 0.8%
ABB, Ltd.		425,348		7,994,162
Acuity Brands, Inc.		16,573		1,988,926
Allied Motion Technologies, Inc.		1,295		44,522
AMETEK, Inc.		52,391		4,346,881
Atkore International Group, Inc. (A)		6,850		147,481
AZZ, Inc.		4,562		186,723
Eaton Corp. PLC		97,695		7,870,309
Emerson Electric Company		141,744		9,705,212
Encore Wire Corp.		3,538		202,444
Energous Corp. (A)(B)		4,682		29,684
EnerSys		25,379		1,653,696
Enphase Energy, Inc. (A)(B)		15,049		138,902
Fuji Electric Company, Ltd.		27,640		786,936
Generac Holdings, Inc. (A)		10,489		537,351
Hubbell, Inc.		22,685		2,676,376
Legrand SA		61,681		4,129,542
Melrose Industries PLC		1,120,630		2,676,671
Mitsubishi Electric Corp.		420,997		5,431,864
Nidec Corp.		51,593		6,569,584
nVent Electric PLC		66,995		1,807,525

236

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Strategic Equity Allocation Trust (continued)
	Shares or Principal Amount		Value
COMMON STOCKS (continued)
Electrical equipment (continued)
OSRAM Licht AG		22,360	$	770,284
Plug Power, Inc. (A)(B)		38,493		92,383
Powell Industries, Inc.		1,662		44,126
Preformed Line Products Company		634		33,659
Prysmian SpA		55,768		1,056,945
Regal Beloit Corp.		17,776		1,455,321
Rockwell Automation, Inc.		27,575		4,838,310
Schneider Electric SE		126,872		9,958,000
Siemens Gamesa Renewable Energy SA (A)		55,089		878,104
Sunrun, Inc. (A)		16,733		235,266
Thermon Group Holdings, Inc. (A)		5,788		141,864
TPI Composites, Inc. (A)		2,573		73,639
Vestas Wind Systems A/S		45,066		3,798,440
Vicor Corp. (A)		3,062		94,983
Vivint Solar, Inc. (A)		7,295		36,256
				82,432,371
Industrial conglomerates – 1.3%
3M Company		132,773		27,587,574
Carlisle Companies, Inc.		23,802		2,918,601
CK Hutchison Holdings, Ltd.		623,238		6,553,567
DCC PLC		22,712		1,965,121
General Electric Company		2,007,398		20,053,906
Honeywell International, Inc.		168,117		26,717,154
Jardine Matheson Holdings, Ltd.		51,100		3,190,152
Jardine Strategic Holdings, Ltd.		51,300		1,924,255
Keihan Holdings Company, Ltd.		22,400		943,024
Keppel Corp., Ltd.		336,845		1,549,940
NWS Holdings, Ltd.		361,599		791,669
Raven Industries, Inc.		6,213		238,393
Roper Technologies, Inc.		23,892		8,170,347
Sembcorp Industries, Ltd.		230,222		434,204
Siemens AG		176,406		18,971,139
Smiths Group PLC		91,578		1,713,678
Toshiba Corp.		150,328		4,791,532
				128,514,256
Machinery – 2.1%
Actuant Corp., Class A		10,608		258,517
AGCO Corp.		26,706		1,857,402
Alamo Group, Inc.		1,678		167,699
Albany International Corp., Class A		4,970		355,802
Alfa Laval AB		67,883		1,560,019
Alstom SA		36,135		1,566,882
Altra Industrial Motion Corp.		10,491		325,746
Amada Holdings Company, Ltd.		78,752		781,397
ANDRITZ AG		16,902		724,920
Astec Industries, Inc.		4,066		153,532
Atlas Copco AB, A Shares		154,970		4,168,851
Atlas Copco AB, B Shares		89,957		2,231,150
Barnes Group, Inc.		8,252		424,235
Blue Bird Corp. (A)		2,840		48,081
Briggs & Stratton Corp.		7,179		84,928
Caterpillar, Inc.		132,716		17,981,691
Chart Industries, Inc. (A)		5,348		484,101
CIRCOR International, Inc. (A)		2,913		94,964
CNH Industrial NV		234,365		2,387,868
Colfax Corp. (A)		39,469		1,171,440
Columbus McKinnon Corp.		3,936		135,202
Commercial Vehicle Group, Inc. (A)		5,760		44,179
Crane Company		21,117		1,786,921
Cummins, Inc.		33,384		5,270,332
Daifuku Company, Ltd. (B)		23,400		1,224,036
Deere & Company		73,439		11,738,490
DMC Global, Inc.		2,477		122,958
Donaldson Company, Inc.		53,091		2,657,735

Strategic Equity Allocation Trust (continued)
	Shares or Principal Amount		Value
COMMON STOCKS (continued)
Machinery (continued)
Douglas Dynamics, Inc.		3,921	$	149,272
Dover Corp.		33,445		3,137,141
Energy Recovery, Inc. (A)(B)		6,568		57,339
EnPro Industries, Inc.		3,539		228,089
Epiroc AB, Class A (A)		151,777		1,532,895
Epiroc AB, Class B (A)		90,304		865,186
ESCO Technologies, Inc.		4,409		295,535
Evoqua Water Technologies Corp. (A)		13,494		169,755
FANUC Corp.		44,718		7,647,389
Federal Signal Corp.		10,199		265,072
Flowserve Corp.		29,728		1,341,922
Fortive Corp.		67,916		5,697,473
Franklin Electric Company, Inc.		8,043		410,917
GEA Group AG		37,584		985,031
Global Brass & Copper Holdings, Inc.		3,797		130,769
Graco, Inc.		68,685		3,401,281
Graham Corp.		1,931		37,906
Harsco Corp. (A)		14,074		283,732
Hillenbrand, Inc.		10,841		450,227
Hino Motors, Ltd.		60,142		507,728
Hitachi Construction Machinery Company, Ltd.		24,852		662,524
Hoshizaki Corp.		12,500		775,955
Hurco Companies, Inc.		1,193		48,114
Hyster-Yale Materials Handling, Inc.		1,859		115,927
IDEX Corp.		31,495		4,779,051
IHI Corp.		33,976		818,496
Illinois Tool Works, Inc.		69,609		9,990,980
Ingersoll-Rand PLC		55,842		6,028,144
ITT, Inc.		36,314		2,106,212
John Bean Technologies Corp.		5,454		501,168
JTEKT Corp.		47,793		590,152
Kadant, Inc.		1,879		165,277
Kawasaki Heavy Industries, Ltd.		32,920		814,214
Kennametal, Inc.		48,308		1,775,319
KION Group AG		16,380		857,135
Komatsu, Ltd.		212,976		4,967,356
Kone OYJ, B Shares		78,288		3,954,185
Kubota Corp.		227,852		3,311,888
Kurita Water Industries, Ltd.		22,927		587,046
LB Foster Company, Class A (A)		2,084		39,221
Lincoln Electric Holdings, Inc.		26,278		2,203,936
Lindsay Corp.		1,869		180,901
Lydall, Inc. (A)		3,056		71,694
Makita Corp.		51,752		1,808,729
Manitex International, Inc. (A)		3,384		25,888
Meritor, Inc. (A)		13,852		281,888
Metso OYJ		24,363		839,965
Milacron Holdings Corp. (A)		12,244		138,602
Miller Industries, Inc.		1,962		60,528
MINEBEA MITSUMI, Inc. (B)		88,700		1,338,879
MISUMI Group, Inc.		65,500		1,635,350
Mitsubishi Heavy Industries, Ltd.		70,163		2,919,757
Mueller Industries, Inc.		9,897		310,172
Mueller Water Products, Inc., Class A		26,789		268,962
Nabtesco Corp.		25,989		761,579
Navistar International Corp. (A)		8,592		277,522
NGK Insulators, Ltd.		60,761		885,212
NN, Inc.		7,683		57,546
Nordson Corp.		21,438		2,840,964
NSK, Ltd.		82,998		780,366
Omega Flex, Inc.		514		38,961
Oshkosh Corp.		29,104		2,186,584
PACCAR, Inc.		79,956		5,448,202
Parker-Hannifin Corp.		29,835		5,120,283

237

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Strategic Equity Allocation Trust (continued)
	Shares or Principal Amount		Value
COMMON STOCKS (continued)
Machinery (continued)
Park-Ohio Holdings Corp.		1,681	$	54,431
Pentair PLC		36,394		1,619,897
Proto Labs, Inc. (A)		4,703		494,473
RBC Bearings, Inc. (A)		4,136		525,975
REV Group, Inc.		5,629		61,638
Rexnord Corp. (A)		18,138		455,989
Sandvik AB		260,598		4,238,394
Schindler Holding AG		4,711		975,330
Schindler Holding AG, Participation Certificates		9,367		1,943,624
SKF AB, B Shares (B)		87,775		1,460,339
SMC Corp.		13,247		4,993,539
Snap-on, Inc.		12,839		2,009,560
Spartan Motors, Inc.		6,353		56,097
SPX Corp. (A)		7,397		257,342
SPX FLOW, Inc. (A)		7,336		234,018
Standex International Corp.		2,188		160,599
Stanley Black & Decker, Inc.		34,911		4,753,831
Sumitomo Heavy Industries, Ltd.		25,625		832,806
Sun Hydraulics Corp.		5,101		237,248
Tennant Company		3,107		192,914
Terex Corp.		25,729		826,673
The Eastern Company		1,079		29,694
The Gorman-Rupp Company		2,997		101,718
The Greenbrier Companies, Inc.		5,568		179,457
The Manitowoc Company, Inc. (A)		6,341		104,056
The Timken Company		28,327		1,235,624
The Toro Company		44,107		3,036,326
The Weir Group PLC		56,908		1,156,655
THK Company, Ltd.		27,852		691,742
Titan International, Inc.		9,699		57,903
TriMas Corp. (A)		7,946		240,208
Trinity Industries, Inc.		55,383		1,203,473
Twin Disc, Inc. (A)		1,946		32,401
Volvo AB, B Shares		361,590		5,610,480
Wabash National Corp.		9,456		128,129
Wabtec Corp. (B)		30,770		2,268,364
Wartsila OYJ ABP		102,627		1,659,756
Watts Water Technologies, Inc., Class A		4,785		386,724
Woodward, Inc.		32,512		3,085,064
Xylem, Inc.		41,408		3,272,888
Yangzijiang Shipbuilding Holdings, Ltd.		552,215		613,212
				212,253,162
Marine – 0.1%
A.P. Moller—Maersk A/S, Series A		874		1,057,678
A.P. Moller—Maersk A/S, Series B		1,501		1,903,039
Costamare, Inc.		9,207		47,876
Eagle Bulk Shipping, Inc. (A)		8,776		40,808
Kirby Corp. (A)		22,426		1,684,417
Kuehne + Nagel International AG (B)		12,458		1,709,310
Matson, Inc.		7,400		267,066
Mitsui OSK Lines, Ltd. (B)		26,404		569,697
Nippon Yusen KK (B)		35,225		517,287
Scorpio Bulkers, Inc.		10,399		39,932
				7,837,110
Professional services – 0.7%
Acacia Research Corp. (A)		9,917		32,329
Adecco Group AG		36,489		1,948,679
ASGN, Inc. (A)		30,688		1,948,381
Barrett Business Services, Inc.		1,266		97,900
BG Staffing, Inc.		1,544		33,721
Bureau Veritas SA		61,194		1,435,659
CBIZ, Inc. (A)		8,889		179,913
CRA International, Inc.		1,416		71,565
Equifax, Inc.		27,845		3,299,633

Strategic Equity Allocation Trust (continued)
	Shares or Principal Amount		Value
COMMON STOCKS (continued)
Professional services (continued)
Experian PLC		209,850	$	5,679,667
Exponent, Inc.		8,917		514,689
Forrester Research, Inc.		1,831		88,529
Franklin Covey Company (A)		1,923		48,652
FTI Consulting, Inc. (A)		6,519		500,790
GP Strategies Corp. (A)		2,528		30,715
Heidrick & Struggles International, Inc.		3,260		124,956
Huron Consulting Group, Inc. (A)		3,837		181,183
ICF International, Inc.		3,089		235,011
IHS Markit, Ltd. (A)		83,809		4,557,533
InnerWorkings, Inc. (A)		8,777		31,773
Insperity, Inc.		22,123		2,735,730
Intertek Group PLC		37,222		2,357,985
Kelly Services, Inc., Class A		5,410		119,345
Kforce, Inc.		4,037		141,779
Korn Ferry		9,848		440,993
ManpowerGroup, Inc.		25,088		2,074,527
Mistras Group, Inc. (A)		3,548		48,998
Navigant Consulting, Inc.		7,390		143,883
Nielsen Holdings PLC		82,044		1,941,981
Persol Holdings Company, Ltd.		40,900		664,151
Randstad NV (B)		27,508		1,343,159
Recruit Holdings Company, Ltd.		254,100		7,285,158
RELX PLC		235,661		5,042,974
RELX PLC (Euronext Amsterdam Exchange)		218,338		4,666,887
Resources Connection, Inc.		5,253		86,885
Robert Half International, Inc.		27,490		1,791,248
SEEK, Ltd.		77,017		960,797
SGS SA		1,233		3,071,029
Teleperformance		13,319		2,394,313
TriNet Group, Inc. (A)		7,584		453,068
TrueBlue, Inc. (A)		7,074		167,229
Upwork, Inc. (A)		2,288		43,792
Verisk Analytics, Inc.		37,702		5,014,366
WageWorks, Inc. (A)		6,950		262,432
Willdan Group, Inc. (A)		1,719		63,723
Wolters Kluwer NV		64,552		4,397,875
				68,755,585
Road and rail – 1.2%
ArcBest Corp.		4,540		139,787
Aurizon Holdings, Ltd.		459,022		1,484,009
Avis Budget Group, Inc. (A)		37,836		1,318,963
Central Japan Railway Company		33,276		7,734,887
ComfortDelGro Corp., Ltd.		499,518		949,406
Covenant Transportation Group, Inc., Class A (A)		2,208		41,908
CSX Corp.		178,674		13,368,389
Daseke, Inc. (A)		8,046		40,954
DSV A/S		43,310		3,584,001
East Japan Railway Company		70,440		6,802,107
Genesee & Wyoming, Inc., Class A (A)		23,375		2,036,898
Hankyu Hanshin Holdings, Inc.		52,700		1,978,233
Heartland Express, Inc.		8,051		155,223
Hertz Global Holdings, Inc. (A)		9,603		166,804
J.B. Hunt Transport Services, Inc.		20,069		2,032,789
Kansas City Southern		23,291		2,701,290
Keikyu Corp. (B)		50,879		864,430
Keio Corp.		23,715		1,534,048
Keisei Electric Railway Company, Ltd.		29,794		1,083,503
Kintetsu Group Holdings Company, Ltd.		39,574		1,845,964
Knight-Swift Transportation Holdings, Inc.		51,737		1,690,765
Kyushu Railway Company		36,900		1,213,823
Landstar System, Inc.		16,668		1,823,313

238

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Strategic Equity Allocation Trust (continued)
	Shares or Principal Amount		Value
COMMON STOCKS (continued)
Road and rail (continued)
Marten Transport, Ltd.		6,964	$	124,168
MTR Corp., Ltd.		354,315		2,195,290
Nagoya Railroad Company, Ltd.		41,999		1,163,886
Nippon Express Company, Ltd.		17,246		961,570
Norfolk Southern Corp.		61,677		11,526,815
Odakyu Electric Railway Company, Ltd.		67,979		1,649,615
Old Dominion Freight Line, Inc.		26,973		3,894,631
Ryder System, Inc.		22,097		1,369,793
Saia, Inc. (A)		4,454		272,139
Seibu Holdings, Inc.		51,500		902,340
Tobu Railway Company, Ltd.		44,073		1,273,785
Tokyu Corp.		115,208		2,013,973
U.S. Xpress Enterprises, Inc., Class A (A)		4,325		28,588
Union Pacific Corp.		166,690		27,870,568
Universal Logistics Holdings, Inc.		1,611		31,704
USA Truck, Inc. (A)		1,597		23,061
Werner Enterprises, Inc.		26,215		895,242
West Japan Railway Company		37,725		2,842,417
YRC Worldwide, Inc. (A)		6,241		41,752
				113,672,831
Trading companies and distributors – 0.6%
AerCap Holdings NV (A)		28,881		1,344,122
Aircastle, Ltd.		9,277		187,766
Applied Industrial Technologies, Inc.		6,641		394,940
Ashtead Group PLC		110,637		2,674,607
Beacon Roofing Supply, Inc. (A)		11,910		383,026
BlueLinx Holdings, Inc. (A)		1,629		43,397
BMC Stock Holdings, Inc. (A)		11,892		210,132
Brenntag AG		35,760		1,838,537
Bunzl PLC		77,801		2,567,904
CAI International, Inc. (A)		3,015		69,948
DXP Enterprises, Inc. (A)		2,812		109,443
EVI Industries, Inc.		664		25,318
Fastenal Company		65,989		4,243,753
Ferguson PLC		53,545		3,410,336
Foundation Building Materials, Inc. (A)		3,113		30,632
GATX Corp.		21,715		1,658,375
GMS, Inc. (A)		5,866		88,694
H&E Equipment Services, Inc.		5,614		140,968
Herc Holdings, Inc. (A)		4,265		166,250
ITOCHU Corp.		310,904		5,634,753
Kaman Corp.		4,729		276,363
Lawson Products, Inc. (A)		1,206		37,820
Marubeni Corp.		361,259		2,504,753
Mitsubishi Corp.		311,806		8,681,056
Mitsui & Company, Ltd.		382,003		5,944,132
MonotaRO Company, Ltd.		28,900		646,052
MRC Global, Inc. (A)		14,682		256,641
MSC Industrial Direct Company, Inc., Class A		18,761		1,551,722
NOW, Inc. (A)		63,903		892,086
Rexel SA		70,362		794,056
Rush Enterprises, Inc., Class A		5,002		209,134
Rush Enterprises, Inc., Class B		1,009		41,904
SiteOne Landscape Supply, Inc. (A)		7,071		404,108
Sumitomo Corp.		260,038		3,605,242
Systemax, Inc.		2,164		48,993
Textainer Group Holdings, Ltd. (A)		4,957		47,835
Titan Machinery, Inc. (A)		3,398		52,873
Toyota Tsusho Corp.		49,182		1,606,967
Triton International, Ltd.		8,966		278,843
United Rentals, Inc. (A)		18,364		2,098,087
Univar, Inc. (A)		1,740		38,566
Veritiv Corp. (A)		2,092		55,061

Strategic Equity Allocation Trust (continued)
	Shares or Principal Amount		Value
COMMON STOCKS (continued)
Trading companies and distributors (continued)
W.W. Grainger, Inc.		10,403	$	3,130,575
Watsco, Inc.		13,369		1,914,574
Willis Lease Finance Corp. (A)		597		25,307
				60,365,651
Transportation infrastructure – 0.2%
Aena SME SA (C)		15,567		2,805,032
Aeroports de Paris		6,844		1,324,164
Atlantia SpA (B)		114,179		2,961,107
Auckland International Airport, Ltd.		223,500		1,239,889
Fraport AG Frankfurt Airport Services Worldwide		9,595		736,079
Getlink SE		107,767		1,634,205
Japan Airport Terminal Company, Ltd.		10,700		453,359
Kamigumi Company, Ltd.		24,806		575,334
SATS, Ltd.		156,200		590,276
Sydney Airport		254,946		1,345,818
Transurban Group		615,955		5,777,101
				19,442,364
				1,125,657,692
Information technology – 15.3%
Communications equipment – 1.0%
Acacia Communications, Inc. (A)		4,760		272,986
ADTRAN, Inc.		8,473		116,080
Aerohive Networks, Inc. (A)		6,581		29,812
Applied Optoelectronics, Inc. (A)		3,509		42,810
Arista Networks, Inc. (A)		12,052		3,789,872
ARRIS International PLC (A)		68,024		2,150,239
CalAmp Corp. (A)		6,118		76,964
Calix, Inc. (A)		8,060		62,062
Casa Systems, Inc. (A)		4,857		40,313
Ciena Corp. (A)		84,582		3,158,292
Cisco Systems, Inc.		1,015,059		54,803,035
Clearfield, Inc. (A)		2,345		34,472
Comtech Telecommunications Corp.		4,103		95,272
Digi International, Inc. (A)		5,024		63,654
Extreme Networks, Inc. (A)		20,208		151,358
F5 Networks, Inc. (A)		13,711		2,151,667
Finisar Corp. (A)		20,373		472,042
Harmonic, Inc. (A)		15,242		82,612
Infinera Corp. (A)		27,335		118,634
InterDigital, Inc.		19,422		1,281,464
Juniper Networks, Inc.		79,472		2,103,624
KVH Industries, Inc. (A)		3,360		34,238
Lumentum Holdings, Inc. (A)		44,837		2,535,084
Motorola Solutions, Inc.		37,789		5,306,331
NETGEAR, Inc. (A)		5,485		181,663
NetScout Systems, Inc. (A)		42,168		1,183,656
Nokia OYJ		1,299,079		7,400,361
Plantronics, Inc.		19,380		893,612
Quantenna Communications, Inc. (A)		6,040		146,953
Ribbon Communications, Inc. (A)		10,000		51,500
Telefonaktiebolaget LM Ericsson, B Shares		708,241		6,524,236
ViaSat, Inc. (A)(B)		33,242		2,576,255
Viavi Solutions, Inc. (A)		39,531		489,394
				98,420,547
Electronic equipment, instruments and components – 1.1%
Alps Alpine Company, Ltd.		49,100		1,026,582
Amphenol Corp., Class A		68,746		6,492,372
Anixter International, Inc. (A)		5,114		286,947
Arlo Technologies, Inc. (A)		13,599		56,164
Arrow Electronics, Inc. (A)		35,285		2,719,062
Avnet, Inc.		45,050		1,953,819
AVX Corp.		8,056		139,691

239

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (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)
Badger Meter, Inc.		4,964	$	276,197
Bel Fuse, Inc., Class B		1,824		46,111
Belden, Inc.		23,408		1,257,010
Benchmark Electronics, Inc.		7,635		200,419
Cognex Corp.		70,976		3,609,839
Coherent, Inc. (A)		10,097		1,430,947
Control4 Corp. (A)		4,719		79,893
Corning, Inc.		181,457		6,006,227
CTS Corp.		5,673		166,616
Daktronics, Inc.		6,805		50,697
ePlus, Inc. (A)		2,347		207,803
Fabrinet (A)		6,183		323,742
FARO Technologies, Inc. (A)		3,037		133,355
Fitbit, Inc., Class A (A)		37,203		220,242
FLIR Systems, Inc.		31,257		1,487,208
Hamamatsu Photonics KK		32,400		1,256,897
Hexagon AB, B Shares		60,042		3,137,948
Hirose Electric Company, Ltd.		7,075		744,982
Hitachi High-Technologies Corp.		15,884		652,663
Hitachi, Ltd.		222,794		7,238,715
II-VI, Inc. (A)		10,935		407,219
Ingenico Group SA		13,834		988,187
Insight Enterprises, Inc. (A)		6,110		336,417
IPG Photonics Corp. (A)		8,165		1,239,284
Iteris, Inc. (A)		5,759		24,015
Itron, Inc. (A)		5,917		276,028
Jabil, Inc.		58,500		1,555,515
KEMET Corp.		9,689		164,422
Keyence Corp.		22,400		14,004,369
Keysight Technologies, Inc. (A)		43,293		3,775,150
Kimball Electronics, Inc. (A)		4,437		68,729
Knowles Corp. (A)		15,062		265,543
Kyocera Corp.		73,963		4,355,153
Littelfuse, Inc.		10,266		1,873,340
Maxwell Technologies, Inc. (A)		8,062		36,037
Mesa Laboratories, Inc.		574		132,307
Methode Electronics, Inc.		6,364		183,156
MTS Systems Corp.		3,122		170,024
Murata Manufacturing Company, Ltd.		124,539		6,232,549
Napco Security Technologies, Inc. (A)		2,132		44,218
National Instruments Corp.		46,701		2,071,656
Nippon Electric Glass Company, Ltd.		19,524		518,737
nLight, Inc. (A)		4,034		89,878
Novanta, Inc. (A)		5,664		479,911
Omron Corp. (B)		44,418		2,086,811
OSI Systems, Inc. (A)		2,903		254,303
PAR Technology Corp. (A)		1,977		48,357
Park Electrochemical Corp.		3,432		53,882
PC Connection, Inc.		2,008		73,633
Plexus Corp. (A)		5,317		324,071
Rogers Corp. (A)		3,199		508,257
Sanmina Corp. (A)		11,764		339,391
ScanSource, Inc. (A)		4,348		155,745
Shimadzu Corp.		51,192		1,485,838
SYNNEX Corp.		24,462		2,333,430
TDK Corp.		29,821		2,347,037
TE Connectivity, Ltd.		78,154		6,310,936
Tech Data Corp. (A)		22,002		2,253,225
Trimble, Inc. (A)		104,536		4,223,254
TTM Technologies, Inc. (A)		16,535		193,956
Venture Corp., Ltd.		63,300		841,018
Vishay Intertechnology, Inc.		77,876		1,438,370
Vishay Precision Group, Inc. (A)		1,838		62,878
Yaskawa Electric Corp.		55,310		1,746,333

Strategic Equity Allocation Trust (continued)
	Shares or Principal Amount		Value
COMMON STOCKS (continued)
Electronic equipment, instruments and components (continued)
Yokogawa Electric Corp.		52,692	$	1,094,188
Zebra Technologies Corp., Class A (A)		22,395		4,692,424
				113,361,329
IT services – 3.4%
Accenture PLC, Class A		146,986		25,872,476
Adyen NV (A)(C)		1,701		1,334,183
Akamai Technologies, Inc. (A)		37,637		2,698,949
Alliance Data Systems Corp.		10,521		1,840,965
Amadeus IT Group SA		101,106		8,103,532
Atos SE		22,104		2,133,879
Automatic Data Processing, Inc.		100,447		16,045,404
Brightcove, Inc. (A)		6,816		57,323
Broadridge Financial Solutions, Inc.		26,685		2,766,968
CACI International, Inc., Class A (A)		14,591		2,655,854
Capgemini SE		36,927		4,480,790
Carbonite, Inc. (A)		5,676		140,822
Cardtronics PLC, Class A (A)		6,942		246,996
Cass Information Systems, Inc.		2,559		121,041
Cognizant Technology Solutions Corp., Class A		132,623		9,608,536
Computershare, Ltd.		106,239		1,291,466
CoreLogic, Inc. (A)		33,272		1,239,715
CSG Systems International, Inc.		5,724		242,125
DXC Technology Company		61,876		3,979,246
Endurance International Group Holdings, Inc. (A)		12,581		91,212
Everi Holdings, Inc. (A)		11,885		125,030
EVERTEC, Inc.		10,477		291,365
Evo Payments, Inc., Class A (A)		4,399		127,791
Exela Technologies, Inc. (A)		8,961		29,930
ExlService Holdings, Inc. (A)		5,832		350,037
Fidelity National Information Services, Inc.		74,467		8,422,218
Fiserv, Inc. (A)		90,292		7,970,978
FleetCor Technologies, Inc. (A)		19,800		4,882,482
Fujitsu, Ltd.		45,323		3,277,741
Gartner, Inc. (A)		20,695		3,139,018
Global Payments, Inc.		36,350		4,962,502
GTT Communications, Inc. (A)		7,430		257,821
I3 Verticals, Inc., Class A (A)		1,785		42,876
IBM Corp.		205,201		28,953,861
Information Services Group, Inc. (A)		7,315		27,285
Jack Henry & Associates, Inc.		17,800		2,469,572
Leidos Holdings, Inc.		60,727		3,891,993
Limelight Networks, Inc. (A)		20,614		66,583
LiveRamp Holdings, Inc. (A)		40,086		2,187,493
ManTech International Corp., Class A		4,572		246,979
Mastercard, Inc., Class A		208,144		49,007,505
MAXIMUS, Inc.		37,553		2,665,512
NIC, Inc.		11,129		190,195
Nomura Research Institute, Ltd.		26,000		1,184,289
NTT Data Corp. (B)		145,110		1,604,292
Obic Company, Ltd.		14,900		1,506,757
Otsuka Corp.		24,000		897,896
Paychex, Inc.		73,699		5,910,660
PayPal Holdings, Inc. (A)		270,522		28,091,004
Perficient, Inc. (A)		5,625		154,069
Perspecta, Inc.		83,103		1,680,343
Presidio, Inc.		7,254		107,359
PRGX Global, Inc. (A)		4,023		31,862
Sabre Corp.		114,270		2,444,235
Science Applications International Corp.		29,855		2,297,342
Sykes Enterprises, Inc. (A)		6,874		194,397
The Hackett Group, Inc.		4,389		69,346

240

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Strategic Equity Allocation Trust (continued)

	Shares or Principal Amount		Value
COMMON STOCKS (continued)
IT services (continued)
The Western Union Company		100,673	$	1,859,430
Total System Services, Inc.		37,543		3,566,960
Travelport Worldwide, Ltd.		21,816		343,166
TTEC Holdings, Inc.		2,562		92,821
Tucows, Inc., Class A (A)		1,661		134,840
Unisys Corp. (A)		8,848		103,256
VeriSign, Inc. (A)		24,289		4,409,911
Virtusa Corp. (A)		4,944		264,257
Visa, Inc., Class A		403,574		63,034,223
WEX, Inc. (A)		17,902		3,437,005
Wirecard AG		27,039		3,396,714
Wix.com, Ltd. (A)		10,200		1,232,466
				336,587,149
Semiconductors and semiconductor equipment – 2.9%
ACM Research, Inc., Class A (A)		1,470		22,682
Adesto Technologies Corp. (A)(B)		4,562		27,600
Advanced Energy Industries, Inc. (A)		6,685		332,111
Advanced Micro Devices, Inc. (A)		203,157		5,184,567
Alpha & Omega Semiconductor, Ltd. (A)		3,724		42,863
Ambarella, Inc. (A)		5,393		232,978
Amkor Technology, Inc. (A)		18,007		153,780
Analog Devices, Inc.		84,932		8,940,792
Applied Materials, Inc.		218,934		8,682,922
Aquantia Corp. (A)		4,269		38,677
ASM Pacific Technology, Ltd.		69,868		780,702
ASML Holding NV		94,474		17,756,366
Axcelis Technologies, Inc. (A)		5,703		114,744
AXT, Inc. (A)		7,413		32,988
Broadcom, Inc.		91,339		27,466,551
Brooks Automation, Inc.		12,095		354,746
Cabot Microelectronics Corp.		4,922		551,067
CEVA, Inc. (A)		3,936		106,115
Cirrus Logic, Inc. (A)		34,879		1,467,360
Cohu, Inc.		7,020		103,545
Cree, Inc. (A)		60,843		3,481,436
Cypress Semiconductor Corp.		151,185		2,255,680
Diodes, Inc. (A)		6,947		241,061
Disco Corp. (B)		6,600		945,195
Entegris, Inc.		24,634		879,187
First Solar, Inc. (A)		31,412		1,659,810
FormFactor, Inc. (A)		12,798		205,920
Ichor Holdings, Ltd. (A)		3,857		87,091
Impinj, Inc. (A)		2,981		49,947
Infineon Technologies AG		262,002		5,201,373
Inphi Corp. (A)		7,537		329,668
Integrated Device Technology, Inc. (A)		22,460		1,100,315
Intel Corp.		1,036,946		55,684,000
KLA-Tencor Corp.		38,096		4,549,043
Lam Research Corp.		35,188		6,299,004
Lattice Semiconductor Corp. (A)		20,393		243,288
MACOM Technology Solutions Holdings, Inc. (A)(B)		8,146		136,120
Maxim Integrated Products, Inc.		63,054		3,352,581
MaxLinear, Inc. (A)		11,012		281,136
Microchip Technology, Inc. (B)		54,649		4,533,681
Micron Technology, Inc. (A)		258,510		10,684,218
MKS Instruments, Inc.		22,558		2,099,022
Monolithic Power Systems, Inc.		16,409		2,223,255
Nanometrics, Inc. (A)		4,007		123,736
NeoPhotonics Corp. (A)		6,795		42,741
NVE Corp.		822		80,466
NVIDIA Corp.		139,741		25,091,894
NXP Semiconductors NV		79,400		7,018,166
PDF Solutions, Inc. (A)		5,187		64,059
Photronics, Inc. (A)		11,284		106,634

Strategic Equity Allocation Trust (continued)

	Shares or Principal Amount		Value
COMMON STOCKS (continued)
Semiconductors and semiconductor equipment (continued)
Power Integrations, Inc.		4,981	$	348,371
Qorvo, Inc. (A)		28,320		2,031,394
QUALCOMM, Inc.		279,096		15,916,845
Rambus, Inc. (A)		18,423		192,520
Renesas Electronics Corp. (A)		192,100		892,715
Rohm Company, Ltd.		21,742		1,362,244
Rudolph Technologies, Inc. (A)		5,460		124,488
Semtech Corp. (A)		11,307		575,639
Silicon Laboratories, Inc. (A)		25,347		2,049,558
Skyworks Solutions, Inc.		40,146		3,311,242
SMART Global Holdings, Inc. (A)		2,223		42,682
STMicroelectronics NV		157,304		2,333,183
SUMCO Corp.		54,000		604,053
SunPower Corp. (A)		11,204		72,938
Synaptics, Inc. (A)		20,288		806,448
Teradyne, Inc.		72,135		2,873,858
Texas Instruments, Inc.		216,400		22,953,548
Tokyo Electron, Ltd. (B)		36,160		5,245,310
Ultra Clean Holdings, Inc. (A)		6,879		71,198
Universal Display Corp.		17,600		2,690,160
Veeco Instruments, Inc. (A)		8,644		93,701
Versum Materials, Inc.		45,383		2,283,219
Xilinx, Inc.		58,375		7,401,366
Xperi Corp.		8,435		197,379
				285,916,942
Software – 4.5%
8x8, Inc. (A)		16,314		329,543
A10 Networks, Inc. (A)		9,520		67,497
ACI Worldwide, Inc. (A)		68,227		2,242,621
Adobe, Inc. (A)		112,456		29,968,399
Agilysys, Inc. (A)		2,743		58,069
Alarm.com Holdings, Inc. (A)		5,423		351,953
Altair Engineering, Inc., Class A (A)		4,285		157,731
Alteryx, Inc., Class A (A)		5,069		425,137
Amber Road, Inc. (A)		4,848		42,032
American Software, Inc., Class A		5,356		64,004
Anaplan, Inc. (A)		3,120		122,803
ANSYS, Inc. (A)		19,315		3,529,044
Appfolio, Inc., Class A (A)		2,684		213,110
Autodesk, Inc. (A)		50,501		7,869,066
Avalara, Inc. (A)		4,836		269,800
Avaya Holdings Corp. (A)		18,138		305,263
Benefitfocus, Inc. (A)		4,941		244,678
Blackbaud, Inc.		28,638		2,283,308
Blackline, Inc. (A)		6,370		295,058
Bottomline Technologies DE, Inc. (A)		7,341		367,711
Box, Inc., Class A (A)		22,035		425,496
Cadence Design Systems, Inc. (A)		64,643		4,105,477
Carbon Black, Inc. (A)		6,876		95,920
CDK Global, Inc.		51,816		3,047,817
ChannelAdvisor Corp. (A)		4,765		58,038
Check Point Software Technologies, Ltd. (A)		29,326		3,709,446
Cision, Ltd. (A)		11,822		162,789
Citrix Systems, Inc.		28,862		2,876,387
Cloudera, Inc. (A)		35,005		382,955
CommVault Systems, Inc. (A)		22,945		1,485,459
Cornerstone OnDemand, Inc. (A)		9,475		519,041
Coupa Software, Inc. (A)		9,704		882,870
Dassault Systemes SE		30,112		4,488,152
Digimarc Corp. (A)		1,987		62,352
Domo, Inc., Class B (A)		2,976		120,022
Ebix, Inc. (B)		4,233		208,983
eGain Corp. (A)		3,341		34,913
Ellie Mae, Inc. (A)		6,030		595,101

241

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Strategic Equity Allocation Trust (continued)
	Shares or Principal Amount		Value
COMMON STOCKS (continued)
Software (continued)
Envestnet, Inc. (A)		7,788	$	509,257
Everbridge, Inc. (A)		5,067		380,076
Fair Isaac Corp. (A)		12,079		3,281,019
Five9, Inc. (A)		9,965		526,451
ForeScout Technologies, Inc. (A)		5,393		226,021
Fortinet, Inc. (A)		33,441		2,808,041
HubSpot, Inc. (A)		6,431		1,068,897
Instructure, Inc. (A)		5,464		257,464
Intuit, Inc.		59,733		15,614,804
j2 Global, Inc.		27,374		2,370,588
LivePerson, Inc. (A)		10,241		297,194
LogMeIn, Inc.		21,118		1,691,552
Manhattan Associates, Inc. (A)		27,012		1,488,631
Micro Focus International PLC		97,551		2,536,268
Microsoft Corp.		1,769,117		208,649,659
MicroStrategy, Inc., Class A (A)		1,492		215,221
Mitek Systems, Inc. (A)		5,899		72,204
MobileIron, Inc. (A)		13,892		75,989
Model N, Inc. (A)		4,677		82,035
Monotype Imaging Holdings, Inc.		7,296		145,117
New Relic, Inc. (A)		7,826		772,426
Nice, Ltd. (A)		14,707		1,796,241
OneSpan, Inc. (A)		5,509		105,883
Oracle Corp.		587,565		31,558,116
Oracle Corp. Japan		8,806		592,192
Paylocity Holding Corp. (A)		5,043		449,785
Progress Software Corp.		7,835		347,639
PROS Holdings, Inc. (A)		5,490		231,898
PTC, Inc. (A)		44,358		4,088,920
Q2 Holdings, Inc. (A)		6,492		449,636
QAD, Inc., Class A		1,870		80,541
Qualys, Inc. (A)		5,925		490,235
Rapid7, Inc. (A)		6,441		325,979
Red Hat, Inc. (A)		40,759		7,446,669
SailPoint Technologies Holding, Inc. (A)		12,103		347,598
salesforce.com, Inc. (A)		176,402		27,936,785
SAP SE		226,486		26,182,805
SecureWorks Corp., Class A (A)(B)		1,503		27,655
ShotSpotter, Inc. (A)		1,290		49,794
SPS Commerce, Inc. (A)		2,997		317,862
SVMK, Inc. (A)		3,113		56,688
Symantec Corp.		147,425		3,389,301
Synopsys, Inc. (A)		34,511		3,973,942
Telaria, Inc. (A)		8,163		51,753
Telenav, Inc. (A)		6,337		38,466
Temenos AG (A)		13,908		2,051,922
Tenable Holdings, Inc. (A)		5,249		166,183
Teradata Corp. (A)		48,735		2,127,283
The Sage Group PLC		249,927		2,284,296
The Trade Desk, Inc., Class A (A)		5,795		1,147,120
The Ultimate Software Group, Inc. (A)		13,162		4,345,171
TiVo Corp.		21,272		198,255
Trend Micro, Inc.		27,464		1,339,439
Tyler Technologies, Inc. (A)		15,910		3,252,004
Upland Software, Inc. (A)		2,753		116,617
Varonis Systems, Inc. (A)		4,926		293,737
Verint Systems, Inc. (A)		11,211		671,090
VirnetX Holding Corp. (A)		10,470		66,275
Workiva, Inc. (A)		5,057		256,390
Yext, Inc. (A)		14,899		325,692
Zix Corp. (A)		9,155		62,986
Zscaler, Inc. (A)		10,566		749,446
				445,327,248
Technology hardware, storage and peripherals – 2.4%
3D Systems Corp. (A)(B)		18,980		204,225

Strategic Equity Allocation Trust (continued)
	Shares or Principal Amount		Value
COMMON STOCKS (continued)
Technology hardware, storage and peripherals (continued)
Apple, Inc.		1,032,944	$	196,207,713
Avid Technology, Inc. (A)		5,093		37,943
Brother Industries, Ltd.		51,436		955,301
Canon, Inc.		230,677		6,697,718
Cray, Inc. (A)		7,112		185,268
Diebold Nixdorf, Inc. (A)		13,555		150,054
Electronics For Imaging, Inc. (A)		7,713		207,480
FUJIFILM Holdings Corp.		89,038		4,055,507
Hewlett Packard Enterprise Company		317,620		4,900,877
HP, Inc.		353,654		6,871,497
Immersion Corp. (A)		5,085		42,867
Konica Minolta, Inc.		104,386		1,029,261
NCR Corp. (A)		49,447		1,349,409
NEC Corp.		60,084		2,036,405
NetApp, Inc.		56,965		3,949,953
Ricoh Company, Ltd. (B)		154,677		1,619,818
Seagate Technology PLC		59,149		2,832,646
Seiko Epson Corp.		64,547		990,148
Stratasys, Ltd. (A)		8,843		210,640
USA Technologies, Inc. (A)(B)		10,210		42,372
Western Digital Corp.		67,099		3,224,778
Xerox Corp.		46,128		1,475,173
				239,277,053
				1,518,890,268
Materials – 4.5%
Chemicals – 2.4%
A. Schulman, Inc. (A)(B)(D)		4,750		2,057
Advanced Emissions Solutions, Inc.		3,467		40,079
AdvanSix, Inc. (A)		5,271		150,592
Air Liquide SA		98,732		12,564,772
Air Products & Chemicals, Inc.		50,639		9,670,023
Air Water, Inc.		34,407		499,743
Akzo Nobel NV		51,814		4,602,812
Albemarle Corp.		24,387		1,999,246
American Vanguard Corp.		5,130		88,339
Arkema SA		15,853		1,512,348
Asahi Kasei Corp.		290,857		3,012,185
Ashland Global Holdings, Inc.		26,010		2,032,161
Balchem Corp.		5,596		519,309
BASF SE		211,703		15,612,425
Cabot Corp.		24,716		1,028,927
Celanese Corp.		29,541		2,913,038
CF Industries Holdings, Inc.		51,417		2,101,927
Chase Corp.		1,283		118,729
Chr. Hansen Holding A/S		22,790		2,313,277
Clariant AG (A)		45,962		967,437
Covestro AG (C)		44,325		2,445,466
Croda International PLC		30,362		1,994,714
Daicel Corp.		60,485		658,737
DowDuPont, Inc.		519,943		27,718,161
Eastman Chemical Company		32,243		2,446,599
Ecolab, Inc.		58,423		10,313,996
EMS-Chemie Holding AG		1,892		1,027,056
Evonik Industries AG		37,619		1,026,591
Ferro Corp. (A)		14,498		274,447
Flotek Industries, Inc. (A)		10,712		34,707
FMC Corp.		31,058		2,385,876
FutureFuel Corp.		4,560		61,104
GCP Applied Technologies, Inc. (A)		12,477		369,319
Givaudan SA		2,129		5,449,241
Hawkins, Inc.		1,771		65,226
HB Fuller Company		8,760		426,086
Hitachi Chemical Company, Ltd. (B)		23,970		533,429
Incitec Pivot, Ltd.		375,973		833,707
Ingevity Corp. (A)		24,653		2,603,603

242

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Strategic Equity Allocation Trust (continued)
	Shares or Principal Amount		Value
COMMON STOCKS (continued)
Chemicals (continued)
Innophos Holdings, Inc.		3,455	$	104,134
Innospec, Inc.		4,212		351,070
International Flavors & Fragrances, Inc.		23,366		3,009,325
Intrepid Potash, Inc. (A)		17,295		65,548
Israel Chemicals, Ltd.		170,512		890,918
Johnson Matthey PLC		44,607		1,829,292
JSR Corp.		44,290		689,071
Kaneka Corp.		11,346		425,960
Kansai Paint Company, Ltd. (B)		40,854		780,922
Koninklijke DSM NV		41,833		4,563,342
Koppers Holdings, Inc. (A)		3,563		92,567
Kraton Corp. (A)		5,412		174,158
Kronos Worldwide, Inc.		4,138		58,015
Kuraray Company, Ltd.		73,606		938,940
LANXESS AG		20,040		1,071,360
Linde PLC		127,057		22,353,138
Livent Corp. (A)		26,097		320,471
LSB Industries, Inc. (A)		4,264		26,607
LyondellBasell Industries NV, Class A		70,185		5,901,155
Minerals Technologies, Inc.		20,852		1,225,889
Mitsubishi Chemical Holdings Corp.		294,859		2,082,474
Mitsubishi Gas Chemical Company, Inc.		37,370		535,272
Mitsui Chemicals, Inc.		42,418		1,027,372
NewMarket Corp.		3,625		1,571,655
Nippon Paint Holdings Company, Ltd. (B)		33,800		1,334,223
Nissan Chemical Corp.		29,200		1,341,384
Nitto Denko Corp.		37,987		2,002,264
Novozymes A/S, B Shares		50,448		2,320,142
Olin Corp.		68,484		1,584,720
OMNOVA Solutions, Inc. (A)		8,155		57,248
Orica, Ltd.		87,527		1,096,291
PolyOne Corp.		46,163		1,353,038
PPG Industries, Inc.		54,394		6,139,451
PQ Group Holdings, Inc. (A)		6,525		98,984
Quaker Chemical Corp.		2,258		452,345
Rayonier Advanced Materials, Inc.		8,921		120,969
RPM International, Inc.		54,694		3,174,440
Sensient Technologies Corp.		24,954		1,691,632
Shin-Etsu Chemical Company, Ltd.		83,746		7,047,128
Showa Denko KK		31,000		1,095,787
Sika AG (B)		29,415		4,113,750
Solvay SA		17,074		1,848,528
Stepan Company		3,499		306,232
Sumitomo Chemical Company, Ltd.		343,044		1,601,433
Symrise AG		28,443		2,564,079
Taiyo Nippon Sanso Corp.		29,957		457,407
Teijin, Ltd.		41,048		678,770
The Chemours Company		69,392		2,578,607
The Mosaic Company		81,798		2,233,903
The Scotts Miracle-Gro Company		16,350		1,284,783
The Sherwin-Williams Company		18,816		8,104,239
Toray Industries, Inc.		319,672		2,039,949
Tosoh Corp.		59,900		934,632
Trecora Resources (A)		4,158		37,796
Tredegar Corp.		4,717		76,132
Trinseo SA		7,437		336,896
Tronox Holdings PLC, Class A		16,462		216,475
Umicore SA (B)		48,259		2,147,887
Valvoline, Inc.		78,320		1,453,619
Yara International ASA		40,947		1,677,801
				238,109,110
Construction materials – 0.3%
Boral, Ltd.		270,498		882,880
CRH PLC		188,810		5,852,276

Strategic Equity Allocation Trust (continued)
	Shares or Principal Amount		Value
COMMON STOCKS (continued)
Construction materials (continued)
Eagle Materials, Inc.		19,065	$	1,607,180
Fletcher Building, Ltd.		197,321		665,435
HeidelbergCement AG		34,316		2,473,558
Imerys SA		8,280		413,047
James Hardie Industries PLC		101,972		1,315,656
LafargeHolcim, Ltd. (A)		111,935		5,534,366
Martin Marietta Materials, Inc.		14,406		2,898,199
Summit Materials, Inc., Class A (A)		19,681		312,337
Taiheiyo Cement Corp.		27,870		930,828
U.S. Concrete, Inc. (A)		2,880		119,290
Vulcan Materials Company		30,415		3,601,136
				26,606,188
Containers and packaging – 0.4%
Amcor, Ltd.		267,299		2,924,617
AptarGroup, Inc.		26,145		2,781,567
Avery Dennison Corp.		19,369		2,188,697
Ball Corp.		77,098		4,460,890
Bemis Company, Inc.		37,885		2,101,860
Greif, Inc., Class A		15,290		630,713
Greif, Inc., Class B		969		47,374
International Paper Company		92,318		4,271,554
Myers Industries, Inc.		6,321		108,152
Owens-Illinois, Inc.		63,805		1,211,019
Packaging Corp. of America		21,801		2,166,583
Sealed Air Corp.		35,914		1,654,199
Silgan Holdings, Inc.		31,988		947,804
Smurfit Kappa Group PLC		51,957		1,452,139
Sonoco Products Company		41,544		2,556,202
Toyo Seikan Group Holdings, Ltd.		35,129		720,618
UFP Technologies, Inc. (A)		1,280		47,872
Westrock Company		58,925		2,259,774
				32,531,634
Metals and mining – 1.3%
AK Steel Holding Corp. (A)(B)		55,765		153,354
Allegheny Technologies, Inc. (A)		74,197		1,897,217
Alumina, Ltd.		564,270		971,733
Anglo American PLC		242,833		6,494,900
Antofagasta PLC		90,892		1,143,573
ArcelorMittal (B)		153,049		3,106,026
Barrick Gold Corp.		136,997		1,878,090
BHP Group PLC		486,771		11,744,298
BHP Group, Ltd.		679,007		18,559,511
BlueScope Steel, Ltd.		123,847		1,229,242
Boliden AB		63,013		1,795,810
Carpenter Technology Corp.		27,864		1,277,564
Century Aluminum Company (A)		9,069		80,533
Cleveland-Cliffs, Inc.		50,879		508,281
Coeur Mining, Inc. (A)		33,048		134,836
Commercial Metals Company		69,323		1,184,037
Compass Minerals International, Inc.		20,032		1,089,140
Fortescue Metals Group, Ltd.		359,075		1,817,329
Freeport-McMoRan, Inc.		334,162		4,307,348
Fresnillo PLC		50,745		575,088
Glencore PLC (A)		2,593,439		10,747,617
Gold Resource Corp.		9,690		38,082
Havilah Mining Corp. (A)		3,149		677
Haynes International, Inc.		2,289		75,148
Hecla Mining Company		79,860		183,678
Hitachi Metals, Ltd.		49,664		578,598
JFE Holdings, Inc.		113,333		1,929,019
Kaiser Aluminum Corp.		2,794		292,616
Kobe Steel, Ltd.		71,384		537,047
Maruichi Steel Tube, Ltd.		13,161		383,896
Materion Corp.		3,482		198,683
Mitsubishi Materials Corp.		24,269		641,740

243

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Strategic Equity Allocation Trust (continued)
	Shares or Principal Amount		Value
COMMON STOCKS (continued)
Metals and mining (continued)
Newcrest Mining, Ltd.		176,885	$	3,203,391
Newmont Mining Corp.		122,850		4,394,345
Nippon Steel & Sumitomo Metal Corp.		186,300		3,297,625
Norsk Hydro ASA		310,134		1,261,253
Nucor Corp.		70,430		4,109,591
Olympic Steel, Inc.		1,805		28,645
Reliance Steel & Aluminum Company		27,867		2,515,275
Rio Tinto PLC		266,341		15,480,543
Rio Tinto, Ltd.		85,569		5,959,167
Royal Gold, Inc.		27,191		2,472,478
Ryerson Holding Corp. (A)		3,076		26,331
Schnitzer Steel Industries, Inc., Class A		4,628		111,072
South32, Ltd.		1,171,200		3,110,458
Steel Dynamics, Inc.		95,356		3,363,206
Sumitomo Metal Mining Company, Ltd.		53,607		1,588,473
SunCoke Energy, Inc. (A)		11,376		96,582
Synalloy Corp.		1,770		26,904
thyssenkrupp AG		100,543		1,383,058
TimkenSteel Corp. (A)		7,239		78,616
United States Steel Corp.		71,944		1,402,189
Universal Stainless & Alloy Products, Inc. (A)		1,735		28,749
voestalpine AG		26,475		804,795
Warrior Met Coal, Inc.		7,383		224,443
Worthington Industries, Inc.		23,433		874,520
				131,396,420
Paper and forest products – 0.1%
Boise Cascade Company		6,846		183,199
Clearwater Paper Corp. (A)		2,956		57,583
Domtar Corp.		26,182		1,299,936
Louisiana-Pacific Corp.		80,826		1,970,538
Mondi PLC		84,667		1,874,790
Neenah, Inc.		2,939		189,154
Oji Holdings Corp.		198,738		1,236,716
PH Glatfelter Company		7,797		110,094
Schweitzer-Mauduit International, Inc.		5,424		210,017
Stora Enso OYJ, R Shares		126,914		1,553,841
UPM-Kymmene OYJ		122,989		3,592,127
Verso Corp., Class A (A)		6,034		129,248
				12,407,243
				441,050,595
Real estate – 3.9%
Equity real estate investment trusts – 3.1%
Acadia Realty Trust		14,019		382,298
Agree Realty Corp.		5,719		396,555
Alexander & Baldwin, Inc. (A)		40,207		1,022,866
Alexander’s, Inc.		383		144,073
Alexandria Real Estate Equities, Inc.		25,999		3,706,417
American Assets Trust, Inc.		6,702		307,354
American Campus Communities, Inc.		56,888		2,706,731
American Tower Corp.		101,703		20,041,593
Americold Realty Trust		21,858		666,888
Apartment Investment & Management Company, A Shares		35,969		1,808,881
Armada Hoffler Properties, Inc.		8,775		136,802
Ascendas Real Estate Investment Trust		608,478		1,307,853
Ashford Hospitality Trust, Inc.		17,170		81,558
AvalonBay Communities, Inc.		31,933		6,409,911
Bluerock Residential Growth REIT, Inc.		5,078		54,741
Boston Properties, Inc.		35,628		4,769,877
Braemar Hotels & Resorts, Inc.		5,265		64,286
Brixmor Property Group, Inc.		124,028		2,278,394
BRT Apartments Corp.		2,310		32,063
Camden Property Trust		40,153		4,075,530

Strategic Equity Allocation Trust (continued)
	Shares or Principal Amount		Value
COMMON STOCKS (continued)
Equity real estate investment trusts (continued)
CapitaLand Commercial Trust		604,094	$	865,510
CapitaLand Mall Trust		594,503		1,044,681
CareTrust REIT, Inc.		14,521		340,663
CatchMark Timber Trust, Inc., Class A		9,496		93,251
CBL & Associates Properties, Inc.		32,406		50,229
Cedar Realty Trust, Inc.		17,979		61,129
Chatham Lodging Trust		8,074		155,344
Chesapeake Lodging Trust		10,380		288,668
City Office REIT, Inc.		7,392		83,604
Clipper Realty, Inc.		3,239		43,370
Community Healthcare Trust, Inc.		3,158		113,341
CoreCivic, Inc.		70,154		1,364,495
CorEnergy Infrastructure Trust, Inc.		2,160		79,380
CorePoint Lodging, Inc.		7,478		83,529
CoreSite Realty Corp.		15,275		1,634,731
Corporate Office Properties Trust		45,781		1,249,821
Cousins Properties, Inc.		246,877		2,384,832
Covivio		10,471		1,111,294
Crown Castle International Corp.		95,820		12,264,960
CyrusOne, Inc.		44,966		2,358,017
Daiwa House REIT Investment Corp.		399		885,137
Dexus		234,131		2,119,007
DiamondRock Hospitality Company		35,956		389,403
Digital Realty Trust, Inc.		47,928		5,703,432
Douglas Emmett, Inc.		67,198		2,716,143
Duke Realty Corp.		82,706		2,529,149
Easterly Government Properties, Inc.		10,555		190,096
EastGroup Properties, Inc.		6,036		673,859
EPR Properties		31,116		2,392,820
Equinix, Inc.		19,218		8,708,829
Equity Residential		85,283		6,423,516
Essential Properties Realty Trust, Inc.		6,347		123,893
Essex Property Trust, Inc.		15,145		4,380,540
Extra Space Storage, Inc.		29,363		2,992,383
Farmland Partners, Inc.		5,937		37,997
Federal Realty Investment Trust		16,971		2,339,452
First Industrial Realty Trust, Inc.		74,041		2,618,090
Four Corners Property Trust, Inc.		11,693		346,113
Franklin Street Properties Corp.		18,887		135,798
Front Yard Residential Corp.		9,290		86,118
Gecina SA		10,508		1,554,431
Getty Realty Corp.		5,512		176,549
Gladstone Commercial Corp.		5,406		112,283
Gladstone Land Corp.		3,250		41,113
Global Medical REIT, Inc.		4,290		42,128
Global Net Lease, Inc.		13,201		249,499
Goodman Group		376,063		3,566,478
Hammerson PLC		177,471		776,929
Hannon Armstrong Sustainable Infrastructure Capital, Inc.		10,257		262,989
HCP, Inc.		110,178		3,448,571
Healthcare Realty Trust, Inc.		73,560		2,362,012
Hersha Hospitality Trust		6,361		109,028
Highwoods Properties, Inc.		43,076		2,015,095
Hospitality Properties Trust		68,182		1,793,868
Host Hotels & Resorts, Inc.		170,845		3,228,971
ICADE		7,699		651,268
Independence Realty Trust, Inc.		15,530		167,569
Industrial Logistics Properties Trust		11,303		227,982
InfraREIT, Inc.		4,498		94,323
Innovative Industrial Properties, Inc.		1,604		131,031
Investors Real Estate Trust		2,134		127,848
Iron Mountain, Inc.		66,074		2,342,984
iStar, Inc.		12,054		101,495
Japan Prime Realty Investment Corp.		191		786,250

244

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (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)
Japan Real Estate Investment Corp.		303	$	1,786,087
Japan Retail Fund Investment Corp.		603		1,211,782
JBG SMITH Properties		45,830		1,895,071
Jernigan Capital, Inc.		3,453		72,651
Kilroy Realty Corp.		41,935		3,185,383
Kimco Realty Corp.		96,584		1,786,804
Kite Realty Group Trust		14,624		233,838
Klepierre SA		46,959		1,643,049
Lamar Advertising Company, Class A		35,415		2,806,993
Land Securities Group PLC		170,630		2,031,514
Lexington Realty Trust		36,895		334,269
Liberty Property Trust		61,529		2,979,234
Life Storage, Inc.		19,397		1,886,746
Link REIT		486,606		5,697,018
LTC Properties, Inc.		6,859		314,142
Mack-Cali Realty Corp.		53,510		1,187,922
MedEquities Realty Trust, Inc.		5,125		57,041
Medical Properties Trust, Inc.		158,302		2,930,170
Mid-America Apartment Communities, Inc.		26,269		2,871,990
Mirvac Group		843,109		1,646,934
Monmouth Real Estate Investment Corp.		15,760		207,717
National Health Investors, Inc.		7,047		553,542
National Retail Properties, Inc.		67,146		3,719,217
National Storage Affiliates Trust		9,881		281,707
New Senior Investment Group, Inc.		14,512		79,090
NexPoint Residential Trust, Inc.		3,296		126,369
Nippon Building Fund, Inc.		309		2,092,320
Nippon Prologis REIT, Inc.		403		858,007
Nomura Real Estate Master Fund, Inc.		896		1,319,913
NorthStar Realty Europe Corp.		7,750		134,540
Office Properties Income Trust		8,479		234,360
Omega Healthcare Investors, Inc.		84,840		3,236,646
One Liberty Properties, Inc.		2,800		81,200
Pebblebrook Hotel Trust		76,773		2,384,569
Pennsylvania Real Estate Investment Trust		13,169		82,833
Physicians Realty Trust		31,648		595,299
Piedmont Office Realty Trust, Inc., Class A		21,783		454,176
PotlatchDeltic Corp.		39,804		1,504,193
Preferred Apartment Communities, Inc., Class A		7,489		110,987
Prologis, Inc.		145,330		10,456,494
PS Business Parks, Inc.		3,388		531,340
Public Storage		34,601		7,535,406
QTS Realty Trust, Inc., Class A		8,855		398,386
Rayonier, Inc.		53,657		1,691,269
Realty Income Corp.		70,134		5,159,057
Regency Centers Corp.		38,659		2,609,096
Retail Opportunity Investments Corp.		19,782		343,020
Rexford Industrial Realty, Inc.		15,936		570,668
RLJ Lodging Trust		30,298		532,336
RPT Realty		13,864		166,507
Ryman Hospitality Properties, Inc.		7,750		637,360
Sabra Health Care REIT, Inc.		105,219		2,048,614
Safehold, Inc.		1,678		36,597
Saul Centers, Inc.		2,129		109,367
SBA Communications Corp. (A)		25,953		5,181,776
Scentre Group		1,224,868		3,575,502
Segro PLC		249,729		2,192,135
Senior Housing Properties Trust		98,952		1,165,655
Seritage Growth Properties, Class A		5,667		251,841
Simon Property Group, Inc.		71,238		12,980,276
SL Green Realty Corp.		19,330		1,738,154

Strategic Equity Allocation Trust (continued)
	Shares or Principal Amount		Value
COMMON STOCKS (continued)
Equity real estate investment trusts (continued)
Spirit MTA REIT		8,284	$	53,763
STAG Industrial, Inc.		16,956		502,745
Stockland		554,007		1,515,360
Summit Hotel Properties, Inc.		18,582		212,021
Sunstone Hotel Investors, Inc.		39,448		568,051
Suntec Real Estate Investment Trust		492,500		709,633
Tanger Factory Outlet Centers, Inc.		55,129		1,156,606
Taubman Centers, Inc.		25,418		1,344,104
Terreno Realty Corp.		10,420		438,057
The British Land Company PLC		210,717		1,617,806
The GEO Group, Inc.		71,105		1,365,216
The GPT Group		415,589		1,833,180
The Macerich Company		25,010		1,084,184
Tier REIT, Inc.		9,312		266,882
UDR, Inc.		63,552		2,889,074
UMH Properties, Inc.		6,318		88,957
Unibail-Rodamco-Westfield		22,398		3,672,981
Unibail-Rodamco-Westfield, Chess Depositary Interest		168,260		1,383,004
Unibail-Rodamco-Westfield, Stapled Shares		1,055		172,949
United Urban Investment Corp.		668		1,054,578
Uniti Group, Inc.		74,497		833,621
Universal Health Realty Income Trust		2,219		168,000
Urban Edge Properties		66,748		1,268,212
Urstadt Biddle Properties, Inc., Class A		5,354		110,507
Ventas, Inc.		82,138		5,241,226
Vicinity Centres		750,768		1,386,191
Vornado Realty Trust		40,004		2,697,870
Washington Prime Group, Inc.		33,608		189,885
Washington Real Estate Investment Trust		14,001		397,348
Weingarten Realty Investors		49,675		1,458,955
Welltower, Inc.		89,241		6,925,102
Weyerhaeuser Company		172,210		4,536,011
Whitestone REIT		7,069		84,969
Xenia Hotels & Resorts, Inc.		19,717		431,999
				308,413,215
Real estate management and development – 0.8%
Aeon Mall Company, Ltd.		23,531		387,283
Altisource Portfolio Solutions SA (A)		1,772		41,943
Aroundtown SA		180,448		1,488,433
Azrieli Group, Ltd.		11,020		652,756
CapitaLand, Ltd.		590,384		1,592,945
CBRE Group, Inc., Class A (A)		72,018		3,561,290
City Developments, Ltd.		94,113		629,846
CK Asset Holdings, Ltd.		595,562		5,303,950
Consolidated-Tomoka Land Company		762		44,996
Cushman & Wakefield PLC (A)		8,302		147,776
Daito Trust Construction Company, Ltd.		16,511		2,303,581
Daiwa House Industry Company, Ltd.		130,366		4,151,844
Deutsche Wohnen SE		82,233		3,990,379
Forestar Group, Inc. (A)		2,119		36,638
FRP Holdings, Inc. (A)		1,411		67,121
Hang Lung Group, Ltd.		204,000		655,793
Hang Lung Properties, Ltd.		466,313		1,138,940
Henderson Land Development Company, Ltd.		304,009		1,934,820
HFF, Inc., Class A		6,574		313,909
Hongkong Land Holdings, Ltd.		268,934		1,914,178
Hulic Company, Ltd.		68,669		674,735
Hysan Development Company, Ltd.		145,279		778,724
Jones Lang LaSalle, Inc.		18,967		2,924,332
Kennedy-Wilson Holdings, Inc.		21,934		469,168
Kerry Properties, Ltd.		151,064		675,380
Lendlease Group		130,234		1,145,956

245

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Strategic Equity Allocation Trust (continued)
	Shares or Principal Amount		Value
COMMON STOCKS (continued)
Real estate management and development (continued)
Marcus & Millichap, Inc. (A)		3,336	$	135,875
Mitsubishi Estate Company, Ltd. (B)		272,324		4,941,296
Mitsui Fudosan Company, Ltd.		205,526		5,177,514
New World Development Company, Ltd.		1,409,569		2,339,479
Newmark Group, Inc., Class A		26,330		219,592
Nomura Real Estate Holdings, Inc.		28,663		551,559
RE/MAX Holdings, Inc., Class A		3,175		122,365
Realogy Holdings Corp.		47,089		536,815
Redfin Corp. (A)		14,060		284,996
Sino Land Company, Ltd.		761,722		1,474,900
Sumitomo Realty & Development Company, Ltd.		82,183		3,409,800
Sun Hung Kai Properties, Ltd.		367,314		6,314,389
Swire Pacific, Ltd., Class A		114,518		1,475,094
Swire Properties, Ltd.		269,687		1,160,701
Swiss Prime Site AG (A)		17,505		1,534,347
Tejon Ranch Company (A)		4,005		70,488
The RMR Group, Inc., Class A		1,236		75,371
The St. Joe Company (A)		6,272		103,425
The Wharf Holdings, Ltd.		281,061		849,666
Tokyu Fudosan Holdings Corp.		140,581		842,442
UOL Group, Ltd.		116,270		597,745
Vonovia SE		113,385		5,884,179
Wharf Real Estate Investment Company, Ltd.		280,061		2,087,212
Wheelock & Company, Ltd.		188,285		1,381,839
				78,597,805
				387,011,020
Utilities – 3.5%
Electric utilities – 1.9%
ALLETE, Inc.		30,329		2,493,954
Alliant Energy Corp.		54,416		2,564,626
American Electric Power Company, Inc.		113,715		9,523,631
AusNet Services		418,811		528,137
Chubu Electric Power Company, Inc.		139,729		2,184,403
CK Infrastructure Holdings, Ltd.		152,843		1,254,522
CLP Holdings, Ltd.		378,834		4,393,939
Duke Energy Corp.		167,617		15,085,530
Edison International		75,132		4,652,173
EDP - Energias de Portugal SA		589,679		2,320,033
El Paso Electric Company		7,067		415,681
Electricite de France SA		138,658		1,898,140
Endesa SA		73,237		1,869,038
Enel SpA		1,874,040		12,008,482
Entergy Corp.		43,902		4,198,348
Evergy, Inc.		58,706		3,407,883
Eversource Energy		73,070		5,184,317
Exelon Corp.		223,566		11,207,364
FirstEnergy Corp.		116,167		4,833,709
Fortum OYJ		102,263		2,094,534
Hawaiian Electric Industries, Inc.		45,319		1,847,656
HK Electric Investments & HK Electric Investments, Ltd.		615,000		628,467
Iberdrola SA		1,431,920		12,571,922
IDACORP, Inc.		29,644		2,950,764
Kyushu Electric Power
Company, Inc. (B)		87,318		1,031,380
MGE Energy, Inc.		6,191		420,802
NextEra Energy, Inc.		110,239		21,311,403
OGE Energy Corp.		82,941		3,576,416
Orsted A/S (C)		43,591		3,306,387
Otter Tail Corp.		6,890		343,260
Pinnacle West Capital Corp.		25,859		2,471,603
PNM Resources, Inc.		47,008		2,225,359
Portland General Electric Company		15,422		799,476

Strategic Equity Allocation Trust (continued)
	Shares or Principal Amount		Value
COMMON STOCKS (continued)
Electric utilities (continued)
Power Assets Holdings, Ltd.		320,236	$	2,221,778
PPL Corp.		166,252		5,276,838
Red Electrica Corp. SA		99,815		2,127,723
SSE PLC		236,569		3,660,151
Terna Rete Elettrica Nazionale SpA		324,114		2,057,092
The Chugoku Electric Power Company, Inc. (B)		64,136		800,584
The Kansai Electric Power Company, Inc.		162,224		2,392,335
The Southern Company		238,551		12,328,316
Tohoku Electric Power Company, Inc.		98,465		1,257,252
Tokyo Electric Power Company Holdings, Inc. (A)		332,928		2,106,137
Verbund AG		15,672		752,677
Xcel Energy, Inc.		118,521		6,662,065
				187,246,287
Gas utilities – 0.4%
APA Group		272,018		1,930,948
Atmos Energy Corp.		26,952		2,774,169
Chesapeake Utilities Corp.		2,723		248,365
Hong Kong & China Gas Company, Ltd.		2,128,700		5,105,137
National Fuel Gas Company		35,782		2,181,271
Naturgy Energy Group SA		80,733		2,259,672
New Jersey Resources Corp.		51,895		2,583,852
Northwest Natural Holding Company		5,057		331,891
ONE Gas, Inc.		30,847		2,746,308
Osaka Gas Company, Ltd.		86,475		1,709,708
RGC Resources, Inc.		1,555		41,223
South Jersey Industries, Inc.		16,208		519,791
Southwest Gas Holdings, Inc.		31,218		2,567,993
Spire, Inc.		29,522		2,429,365
Toho Gas Company, Ltd. (B)		17,184		772,804
Tokyo Gas Company, Ltd.		88,396		2,392,855
UGI Corp.		72,212		4,001,989
				34,597,341
Independent power and renewable electricity producers – 0.1%
AES Corp.		152,689		2,760,617
Atlantic Power Corp. (A)(B)		21,777		54,878
Clearway Energy, Inc., Class A		6,439		93,623
Clearway Energy, Inc., Class C		12,634		190,900
Electric Power Development Company, Ltd.		33,748		822,958
Meridian Energy, Ltd.		297,378		848,348
NRG Energy, Inc.		64,792		2,752,364
Ormat Technologies, Inc.		7,022		387,263
Pattern Energy Group, Inc., Class A		14,330		315,260
TerraForm Power, Inc., Class A		12,851		176,573
Uniper SE		46,402		1,400,641
				9,803,425
Multi-utilities – 1.0%
AGL Energy, Ltd.		151,161		2,338,011
Ameren Corp.		56,384		4,147,043
Avista Corp.		11,408		463,393
Black Hills Corp.		31,734		2,350,537
CenterPoint Energy, Inc.		115,574		3,548,122
Centrica PLC		1,312,598		1,955,242
CMS Energy Corp.		65,341		3,629,039
Consolidated Edison, Inc.		74,175		6,290,782
Dominion Energy, Inc.		184,318		14,129,818
DTE Energy Company		41,938		5,231,346
E.ON SE		507,261		5,644,922
Engie SA		420,834		6,275,831
Innogy SE (C)		32,046		1,482,288

246

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Strategic Equity Allocation Trust (continued)
	Shares or Principal Amount		Value
COMMON STOCKS (continued)
Multi-utilities (continued)
MDU Resources Group, Inc.		81,589	$	2,107,444
National Grid PLC		783,298		8,694,860
NiSource, Inc.		85,827		2,459,802
NorthWestern Corp.		29,662		2,088,501
Public Service Enterprise Group, Inc.		116,530		6,923,047
RWE AG		119,398		3,206,101
Sempra Energy		63,185		7,952,464
Suez		85,891		1,138,069
Unitil Corp.		2,603		141,005
Veolia Environnement SA		123,778		2,769,394
WEC Energy Group, Inc.		72,720		5,750,698
				100,717,759
Water utilities – 0.1%
American States Water Company		6,355		453,112
American Water Works Company, Inc.		41,657		4,343,159
Aqua America, Inc.		74,064		2,698,892
AquaVenture Holdings, Ltd. (A)		2,214		42,841
Artesian Resources Corp., Class A		1,628		60,676
Cadiz, Inc. (A)		4,800		46,464
California Water Service Group		8,349		453,184
Connecticut Water Service, Inc.		2,117		145,332
Consolidated Water Company, Ltd.		3,381		43,513
Middlesex Water Company		2,778		155,540
Severn Trent PLC		54,667		1,407,890
SJW Group		4,175		257,765
The York Water Company		2,554		87,653
United Utilities Group PLC		157,165		1,669,196
				11,865,217
				344,230,029
TOTAL COMMON STOCKS (Cost $6,092,284,568)			$	9,624,532,279
PREFERRED SECURITIES – 0.1%
Communication services – 0.0%
Media – 0.0%
GCI Liberty, Inc., 7.000%		1,037		25,438
Consumer discretionary – 0.1%
Automobiles – 0.1%
Bayerische Motoren Werke AG		12,848		845,819
Porsche Automobil Holding SE		35,282		2,214,033
Volkswagen AG		42,713		6,733,914
				9,793,766
Consumer staples – 0.0%
Household products – 0.0%
Henkel AG & Company KGaA		41,038		4,193,034
Health care – 0.0%
Health care equipment and supplies – 0.0%
Sartorius AG		8,199		1,409,059
Materials – 0.0%
Chemicals – 0.0%
FUCHS PETROLUB SE		16,045		662,334
TOTAL PREFERRED SECURITIES (Cost $14,727,052)			$	16,083,631

Strategic Equity Allocation Trust (continued)
	Shares or Principal Amount		Value
RIGHTS – 0.0%
Pan American Silver Corp. (Expiration Date: 2-22-29) (A)(D)(E)		54,671	$	14,094
TOTAL RIGHTS (Cost $16,278)			$	14,094
SECURITIES LENDING COLLATERAL – 1.4%
John Hancock Collateral Trust, 2.6031% (F)(G)		14,106,315		141,159,068
TOTAL SECURITIES LENDING COLLATERAL (Cost $141,142,106)			$	141,159,068
SHORT-TERM INVESTMENTS – 2.2%
U.S. Government Agency – 1.9%
Federal Home Loan Bank Discount Note
2.390%, 05/15/2019*	$	20,000,000		19,940,844
2.410%, 04/15/2019*		2,000,000		1,998,118
2.410%, 04/18/2019*		10,000,000		9,988,572
2.415%, 05/23/2019*		22,500,000		22,421,350
2.415%, 05/28/2019*		50,000,000		49,808,417
2.415%, 06/03/2019*		50,000,000		49,788,250
2.420%, 07/02/2019*		30,000,000		29,814,467
				183,760,018
Repurchase agreement – 0.3%
Repurchase Agreement with State Street Corp. dated 3-29-19 at 1.300% to be repurchased at $29,710,218 on 4-1-19, collateralized by $30,935,000 U.S. Treasury Notes, 1.125% due 9-30-21 (valued at $30,309,494, including interest)		29,707,000		29,707,000
TOTAL SHORT-TERM INVESTMENTS (Cost $213,468,804)			$	213,467,018
Total Investments (Strategic Equity Allocation Trust) (Cost $6,461,638,808) – 100.9%			$	9,995,256,090
Other assets and liabilities, net – (0.9%)				(89,643,160	)
TOTAL NET ASSETS – 100.0%			$	9,905,612,930

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 3-31-19. The value of securities on loan amounted to $134,660,040.

(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) Strike price and/or expiration date not available.

(F) The rate shown is the annualized seven-day yield as of 3-31-19.

(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		613	Long	Jun 2019	$	56,149,039	$	57,205,160	$	1,056,121
Russell 2000 E-Mini Index Futures		152	Long	Jun 2019		11,636,533		11,732,880		96,347

247

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Strategic Equity Allocation Trust (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		1,226		Long		Jun 2019		173,356,210		173,969,400	$	613,190
S&P Mid 400 Index E-Mini Futures		122		Long		Jun 2019		22,872,144		23,192,200		320,056
											$	2,085,714

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

See Notes to Portfolio of Investments regarding investment transactions and other derivatives information.

Strategic Income Opportunities Trust
		Shares or Principal Amount		Value
U.S. GOVERNMENT AND AGENCY OBLIGATIONS – 9.7%
U.S. Government – 9.7%
U.S. Treasury Bonds
2.750%, 11/15/2042	$		5,985,000	$	5,967,933
3.000%, 02/15/2049			4,755,000		4,936,470
3.125%, 02/15/2043			7,140,000		7,580,393
4.375%, 02/15/2038			4,490,000		5,689,672
U.S. Treasury Notes
2.000%, 11/15/2026			2,990,000		2,919,221
2.375%, 02/29/2024			4,960,000		4,995,069
2.500%, 02/15/2022 to 01/31/2024			5,210,000		5,260,512
3.125%, 11/15/2028			10,070,000		10,692,688
					48,041,958
TOTAL U.S. GOVERNMENT AND AGENCY OBLIGATIONS (Cost $46,708,334)				$	48,041,958
FOREIGN GOVERNMENT OBLIGATIONS – 24.7%
Australia – 0.3%
New South Wales Treasury Corp.
4.000%, 04/08/2021	AUD		650,000		483,185
Queensland Treasury Corp.
6.250%, 02/21/2020			1,310,000		967,326
					1,450,511
Austria – 0.3%
Republic of Austria
0.500%, 02/20/2029	EUR		1,105,000		1,272,209
Brazil – 2.4%
Federative Republic of Brazil
4.500%, 05/30/2029	$		1,780,000		1,747,088
10.000%, 01/01/2021	BRL		15,550,000		4,247,948
10.000%, 01/01/2023			21,135,000		5,844,004
					11,839,040
Canada – 3.8%
Canada Housing Trust No. 1
2.350%, 06/15/2023	CAD		2,500,000		1,908,482
Export Development Canada
2.300%, 02/10/2020	$		1,230,000		1,227,632
2.400%, 06/07/2021	AUD		430,000		309,154
Government of Canada
0.750%, 09/01/2020	CAD		3,145,000		2,326,432
1.250%, 11/01/2019			3,900,000		2,910,751
1.500%, 03/01/2020			6,225,000		4,651,084
2.250%, 03/01/2024			2,383,000		1,842,775
Province of British Columbia
6.600%, 01/09/2020 (A)	INR		60,405,000		867,257
Province of Ontario
3.500%, 06/02/2024	CAD		3,025,000		2,419,842
Province of Quebec
3.000%, 09/01/2023			650,000		507,490
					18,970,899

Strategic Income Opportunities Trust (continued)
		Shares or Principal Amount		Value
FOREIGN GOVERNMENT OBLIGATIONS (continued)
Colombia – 1.5%
Republic of Colombia
4.000%, 02/26/2024	$		1,480,000	$	1,525,895
4.500%, 01/28/2026			1,415,000		1,491,410
7.000%, 09/11/2019	COP		3,176,700,000		1,007,672
7.000%, 05/04/2022			7,382,000,000		2,426,842
11.000%, 07/24/2020			3,666,200,000		1,241,512
					7,693,331
Finland – 0.4%
Republic of Finland
0.500%, 09/15/2028	EUR		1,060,000		1,227,863
1.500%, 04/15/2023 (A)			560,000		676,515
					1,904,378
Hungary – 1.0%
Republic of Hungary
6.250%, 01/29/2020	$		2,150,000		2,211,348
6.375%, 03/29/2021			2,498,000		2,661,144
					4,872,492
Indonesia – 3.5%
Perusahaan Penerbit SBSN Indonesia III
4.150%, 03/29/2027 (A)			940,000		949,400
Republic of Indonesia
2.150%, 07/18/2024 (A)	EUR		740,000		870,709
2.625%, 06/14/2023 (A)			850,000		1,017,150
5.625%, 05/15/2023	IDR		5,323,000,000		355,071
5.875%, 01/15/2024 (A)	$		535,000		590,081
6.125%, 05/15/2028	IDR		26,752,000,000		1,700,556
6.625%, 05/15/2033			21,476,000,000		1,319,703
7.000%, 05/15/2022			21,412,000,000		1,503,592
7.000%, 05/15/2027			17,179,000,000		1,161,211
7.500%, 08/15/2032			3,504,000,000		235,017
7.500%, 05/15/2038			7,717,000,000		508,981
8.250%, 07/15/2021			19,860,000,000		1,437,493
8.250%, 05/15/2029			4,891,000,000		358,788
8.375%, 03/15/2024			25,945,000,000		1,907,868
8.375%, 09/15/2026			21,555,000,000		1,584,459
8.750%, 05/15/2031			17,423,000,000		1,305,525
9.000%, 03/15/2029			8,290,000,000		631,884
					17,437,488
Ireland – 2.3%
Republic of Ireland
3.400%, 03/18/2024	EUR		3,967,000		5,227,364
3.900%, 03/20/2023			4,695,000		6,141,592
					11,368,956
Japan – 0.8%
Government of Japan
0.100%, 12/20/2023	JPY		452,300,000		4,138,772
Malaysia – 1.6%
Government of Malaysia
3.620%, 11/30/2021	MYR		2,895,000		712,115

248

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Strategic Income Opportunities Trust (continued)
		Shares or Principal Amount		Value
FOREIGN GOVERNMENT OBLIGATIONS (continued)
Malaysia (continued)
Government of Malaysia (continued)
3.733%, 06/15/2028	MYR		1,930,000	$	469,385
3.844%, 04/15/2033			4,313,000		1,026,668
3.882%, 03/14/2025			2,835,000		699,925
3.899%, 11/16/2027			3,370,000		828,472
4.059%, 09/30/2024			9,740,000		2,431,569
4.160%, 07/15/2021			7,083,000		1,762,674
					7,930,808
Norway – 1.4%
Government of Norway
2.000%, 05/24/2023 (A)	NOK		17,125,000		2,038,923
3.750%, 05/25/2021 (A)			26,605,000		3,245,018
4.500%, 05/22/2019 (A)			15,572,000		1,813,232
					7,097,173
Philippines – 2.5%
Republic of Philippines
3.375%, 01/12/2020	PHP		10,560,000		197,014
3.375%, 08/20/2020			7,490,000		137,839
3.500%, 03/20/2021			29,770,000		542,802
3.500%, 04/21/2023			71,930,000		1,265,652
3.875%, 11/22/2019			54,560,000		1,025,056
4.250%, 04/11/2020			60,430,000		1,132,834
4.625%, 09/09/2040			4,368,000		68,233
4.950%, 01/15/2021			4,435,000		84,207
5.500%, 03/08/2023			37,630,000		714,292
5.875%, 12/16/2020			84,843,440		1,618,291
6.250%, 03/12/2024			53,225,000		1,044,469
6.250%, 01/14/2036			43,000,000		887,679
6.500%, 04/28/2021			38,460,000		741,837
7.375%, 03/03/2021			59,600,000		1,167,159
8.000%, 07/19/2031			66,710,000		1,534,832
					12,162,196
Portugal – 0.9%
Republic of Portugal
3.850%, 04/15/2021 (A)	EUR		1,915,000		2,330,689
5.125%, 10/15/2024 (A)	$		1,905,000		2,075,715
					4,406,404
Qatar – 0.5%
State of Qatar
4.000%, 03/14/2029 (A)			1,055,000		1,087,296
4.817%, 03/14/2049			1,270,000		1,335,326
					2,422,622
Singapore – 1.1%
Republic of Singapore
1.750%, 04/01/2022	SGD		2,290,000		1,680,665
3.250%, 09/01/2020			4,815,000		3,618,038
					5,298,703
Sweden – 0.4%
Kingdom of Sweden
0.125%, 04/24/2023 (A)	EUR		1,880,000		2,141,332
TOTAL FOREIGN GOVERNMENT OBLIGATIONS (Cost $129,930,653)				$	122,407,314
CORPORATE BONDS – 43.6%
Communication services – 4.3%
Cablevision Systems Corp.
5.875%, 09/15/2022	$		415,000		433,675
CCO Holdings LLC
5.000%, 02/01/2028 (A)			1,245,000		1,230,994
5.125%, 05/01/2027 (A)			1,135,000		1,142,094
5.750%, 01/15/2024			1,290,000		1,323,863
CSC Holdings LLC
5.375%, 02/01/2028 (A)			1,135,000		1,137,838

Strategic Income Opportunities Trust (continued)
		Shares or Principal Amount		Value
CORPORATE BONDS (continued)
Communication services (continued)
CSC Holdings LLC (continued)
5.500%, 04/15/2027 (A)	$		970,000	$	990,516
6.500%, 02/01/2029 (A)			650,000		691,844
7.500%, 04/01/2028 (A)			1,120,000		1,200,136
DISH DBS Corp.
6.750%, 06/01/2021			1,119,000		1,153,689
EMI Music Publishing Group North America Holdings, Inc.
7.625%, 06/15/2024 (A)			245,000		259,700
Lamar Media Corp.
5.000%, 05/01/2023			204,000		206,805
Lions Gate Capital Holdings LLC
5.875%, 11/01/2024 (A)			381,000		392,430
6.375%, 02/01/2024 (A)			1,335,000		1,398,413
McGraw-Hill Global Education Holdings LLC
7.875%, 05/15/2024 (A)			1,325,000		1,073,250
Netflix, Inc.
3.625%, 05/15/2027	EUR		359,000		416,284
Rackspace Hosting, Inc.
8.625%, 11/15/2024 (A)(B)	$		660,000		587,981
Radiate Holdco LLC
6.625%, 02/15/2025 (A)			1,390,000		1,341,350
Sinclair Television Group, Inc.
5.625%, 08/01/2024 (A)			496,000		500,340
Sirius XM Radio, Inc.
4.625%, 05/15/2023 (A)			630,000		637,088
5.000%, 08/01/2027 (A)			330,000		330,198
5.375%, 07/15/2026 (A)			1,005,000		1,022,588
Uber Technologies, Inc.
8.000%, 11/01/2026 (A)			1,320,000		1,405,800
Viacom, Inc. (6.250% to 2-28-27, then 3 month LIBOR + 3.899%) 02/28/2057			1,085,000		1,087,713
WMG Acquisition Corp.
5.500%, 04/15/2026 (A)			1,405,000		1,441,881
					21,406,470
Consumer discretionary – 2.7%
Amazon.com, Inc.
3.150%, 08/22/2027			1,420,000		1,431,798
ESH Hospitality, Inc.
5.250%, 05/01/2025 (A)			820,000		814,875
Expedia Group, Inc.
3.800%, 02/15/2028			1,335,000		1,288,897
5.000%, 02/15/2026			1,240,000		1,313,698
Graham Holdings Company
5.750%, 06/01/2026 (A)			865,000		908,250
KFC Holding Company/Pizza Hut Holdings LLC/Taco Bell of America LLC
4.750%, 06/01/2027 (A)			735,000		722,138
5.000%, 06/01/2024 (A)			660,000		673,200
5.250%, 06/01/2026 (A)			1,881,000		1,898,634
New Red Finance, Inc.
4.250%, 05/15/2024 (A)			1,470,000		1,455,300
4.625%, 01/15/2022 (A)			1,535,000		1,542,230
5.000%, 10/15/2025 (A)			1,090,000		1,076,702
					13,125,722
Consumer staples – 1.4%
Aramark Services, Inc.
5.000%, 04/01/2025 (A)			810,000		829,440
Darling Ingredients, Inc.
5.375%, 01/15/2022			840,000		852,600
Kraft Heinz Foods Company
3.000%, 06/01/2026			1,290,000		1,206,115

249

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Strategic Income Opportunities Trust (continued)
		Shares or Principal Amount		Value
CORPORATE BONDS (continued)
Consumer staples (continued)
Molson Coors Brewing Company
1.250%, 07/15/2024	EUR		755,000	$	848,548
Post Holdings, Inc.
5.000%, 08/15/2026 (A)	$		1,590,000		1,546,275
5.625%, 01/15/2028 (A)			500,000		496,250
5.750%, 03/01/2027 (A)			1,355,000		1,360,081
					7,139,309
Energy – 7.8%
Chesapeake Energy Corp.
6.125%, 02/15/2021			610,000		628,300
6.875%, 11/15/2020			610,000		626,775
7.000%, 10/01/2024 (B)			2,010,000		2,004,975
8.000%, 06/15/2027			1,730,000		1,704,050
Concho Resources, Inc.
4.300%, 08/15/2028			1,015,000		1,047,845
Continental Resources, Inc.
4.375%, 01/15/2028			2,295,000		2,360,070
DCP Midstream Operating LP
3.875%, 03/15/2023			70,000		69,650
5.375%, 07/15/2025			2,030,000		2,116,275
Diamondback Energy, Inc.
4.750%, 11/01/2024 (A)			785,000		802,506
5.375%, 05/31/2025			2,290,000		2,390,188
Enbridge, Inc.
4.250%, 12/01/2026			1,185,000		1,236,477
Enbridge, Inc. (6.000% to 1-15-27, then 3 month LIBOR + 3.890%) 01/15/2077			940,000		932,950
Exxon Mobil Corp.
2.397%, 03/06/2022			950,000		950,269
FTS International, Inc.
6.250%, 05/01/2022			640,000		619,200
Indika Energy Capital III Pte, Ltd.
5.875%, 11/09/2024 (A)			1,025,000		972,819
Marathon Petroleum Corp.
4.750%, 12/15/2023 (A)			1,300,000		1,369,028
MPLX LP
5.500%, 02/15/2049			685,000		731,974
Murphy Oil Corp.
6.875%, 08/15/2024			1,406,000		1,488,630
Occidental Petroleum Corp.
3.500%, 06/15/2025			1,008,000		1,036,278
Parsley Energy LLC
5.375%, 01/15/2025 (A)			1,375,000		1,375,000
5.625%, 10/15/2027 (A)			2,180,000		2,174,550
PBF Holding Company LLC
7.250%, 06/15/2025			1,800,000		1,847,700
Pertamina Persero PT
4.300%, 05/20/2023 (A)			805,000		827,468
Petroleos del Peru SA
5.625%, 06/19/2047 (A)			697,000		742,305
SM Energy Company
6.625%, 01/15/2027 (B)			2,120,000		2,014,000
Targa Resources Partners LP
5.875%, 04/15/2026 (A)			815,000		861,455
Teekay Offshore Partners LP
8.500%, 07/15/2023 (A)(B)			531,000		520,380
The Williams Companies, Inc.
3.700%, 01/15/2023			1,025,000		1,043,889
3.750%, 06/15/2027			1,055,000		1,048,554
4.550%, 06/24/2024			1,060,000		1,119,514
WPX Energy, Inc.
5.750%, 06/01/2026			1,880,000		1,908,200
					38,571,274

Strategic Income Opportunities Trust (continued)
		Shares or Principal Amount		Value
CORPORATE BONDS (continued)
Financials – 13.9%
American International Group, Inc. (8.175% to 5-15-38, then 3 month LIBOR + 4.195%) 05/15/2068	$		2,395,000	$	2,879,988
Asian Development Bank
5.000%, 03/09/2022	AUD		940,000		727,977
Bank of America Corp.
2.250%, 04/21/2020	$		1,370,000		1,362,779
Bank of America Corp. (3 month LIBOR + 0.760%) 3.548%, 09/15/2026 (B)(C)			1,126,000		1,051,853
Bank of America Corp. (3.004% to 12-20-22, then 3 month LIBOR + 0.790%) 12/20/2023			1,962,000		1,956,857
Bank of America Corp. (3.458% to 3-15-24, then 3 month LIBOR + 0.970%) 03/15/2025			605,000		611,347
Bank of America Corp. (3.974% to 2-7-29, then 3 month LIBOR + 1.210%) 02/07/2030			1,030,000		1,050,870
Bank of Ireland Group PLC
4.500%, 11/25/2023 (A)			580,000		589,443
BMW Finance NV
1.000%, 11/14/2024	EUR		410,000		470,618
BNG Bank NV
0.250%, 02/22/2023 to 06/07/2024			1,460,000		1,665,601
Citibank NA
2.125%, 10/20/2020	$		1,585,000		1,571,729
Citigroup, Inc. (3 month BBSW + 1.550%) 3.480%, 05/04/2021 (C)	AUD		1,487,000		1,070,176
Citigroup, Inc. (3 month EURIBOR + 0.500%) 0.191%, 03/21/2023 (C)	EUR		920,000		1,029,042
DB Insurance Company, Ltd.
3.492%, 05/25/2024	KRW		1,000,000,000		910,397
3.865%, 05/25/2027			1,000,000,000		927,505
Dime Community Bancshares, Inc. (4.500% to 6-15-22, then 3 month LIBOR + 2.660%) 06/15/2027	$		201,000		197,964
European Bank for Reconstruction & Development
7.375%, 04/15/2019	IDR		7,990,000,000		560,534
European Financial Stability Facility
0.125%, 10/17/2023	EUR		1,315,000		1,495,427
0.500%, 01/20/2023			725,000		836,824
1.875%, 05/23/2023			1,020,000		1,243,604
Inter-American Development Bank
2.125%, 11/09/2020	$		2,460,000		2,448,350
International Bank for Reconstruction & Development
2.500%, 03/12/2020	AUD		1,015,000		725,663
2.800%, 01/13/2021			1,185,000		856,029
3.375%, 01/25/2022	NZD		2,027,000		1,434,283
3.500%, 01/22/2021			2,225,000		1,559,128
3.625%, 06/22/2020	NOK		7,100,000		844,422
4.625%, 10/06/2021	NZD		2,400,000		1,743,257
7.450%, 08/20/2021	IDR		15,855,000,000		1,113,845
International Finance Corp.
2.800%, 08/15/2022	AUD		2,000,000		1,465,006
JPMorgan Chase & Co.
3.625%, 12/01/2027	$		285,000		283,517
4.400%, 07/22/2020			742,000		758,732
KfW
0.000%, 09/15/2023	EUR		415,000		470,140
0.375%, 03/15/2023			845,000		972,015
2.125%, 08/15/2023			1,745,000		2,160,816
2.625%, 02/28/2024	$		1,910,000		1,934,026
2.750%, 09/08/2020			2,480,000		2,492,496

250

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Strategic Income Opportunities Trust (continued)

		Shares or     Principal Amount		Value
CORPORATE BONDS (continued)
Financials (continued)
KfW (continued)
6.000%, 08/20/2020	AUD		2,925,000	$	2,196,475
MGIC Investment Corp.
5.750%, 08/15/2023	$		580,000		612,625
Nordic Investment Bank
1.375%, 07/15/2020	NOK		5,340,000		619,065
4.125%, 03/19/2020	NZD		1,740,000		1,210,530
Popular, Inc.
6.125%, 09/14/2023	$		1,625,000		1,694,063
Refinitiv US Holdings, Inc.
8.250%, 11/15/2026 (A)			1,245,000		1,221,656
Royal Bank of Canada
2.150%, 10/26/2020			1,245,000		1,236,744
SunTrust Banks, Inc. (5.050% to
6-15-22, then 3 month LIBOR +
3.102%) 06/15/2022 (D)			1,275,000		1,247,970
Swiss Insured Brazil Power Finance Sarl
9.850%, 07/16/2032 (A)	BRL		16,933,000		4,497,764
Synovus Financial Corp. (5.750% to
12-15-20, then 3 month LIBOR +
4.182%) 12/15/2025	$		1,500,000		1,518,750
Temasek Financial I, Ltd.
3.265%, 02/19/2020	SGD		1,250,000		931,049
The Goldman Sachs Group, Inc.
1.375%, 05/15/2024	EUR		983,000		1,125,529
The Goldman Sachs Group, Inc.
(3 month LIBOR + 0.750%)
3.427%, 02/23/2023 (C)	$		1,170,000		1,159,782
The PNC Financial Services Group, Inc.
3.500%, 01/23/2024			505,000		518,824
U.S. Bancorp
0.850%, 06/07/2024	EUR		615,000		702,125
3.150%, 04/27/2027	$		915,000		919,534
US Bank NA
3.000%, 02/04/2021			1,390,000		1,399,061
Wells Fargo & Company
3.250%, 04/27/2022	AUD		1,120,000		813,073
Wells Fargo & Company (3 month
BBSW + 1.320%) 3.394%,
07/27/2021 (C)			935,000		670,924
Westpac Banking Corp.
7.250%, 02/11/2020			700,000		518,955
Zions Bancorp NA (5.800% to 6-15-23,
then 3 month LIBOR + 3.800%)
06/15/2023 (D)	$		550,000		539,000
					68,825,758
Health care – 2.6%
Allergan Funding SCS
1.250%, 06/01/2024	EUR		520,000		585,689
2.625%, 11/15/2028			300,000		355,878
CVS Health Corp.
4.100%, 03/25/2025	$		735,000		755,041
5.050%, 03/25/2048			1,435,000		1,446,385
HCA Healthcare, Inc.
6.250%, 02/15/2021			1,827,000		1,919,903
HCA, Inc.
5.000%, 03/15/2024			995,000		1,053,597
7.500%, 02/15/2022			2,320,000		2,558,496
IQVIA, Inc.
4.875%, 05/15/2023 (A)			590,000		600,384
Teva Pharmaceutical Finance
Netherlands II BV
4.500%, 03/01/2025	EUR		761,000		872,603
Thermo Fisher Scientific, Inc.
0.750%, 09/12/2024			282,000		319,330

Strategic Income Opportunities Trust (continued)

		Shares or     Principal Amount		Value
CORPORATE BONDS (continued)
Health care (continued)
Thermo Fisher Scientific, Inc. (continued)
1.400%, 01/23/2026	EUR		468,000	$	545,780
UnitedHealth Group, Inc.
2.375%, 10/15/2022	$		1,250,000		1,238,546
2.700%, 07/15/2020			598,000		599,299
					12,850,931
Industrials – 2.4%
AECOM
5.125%, 03/15/2027			2,105,000		2,033,956
5.875%, 10/15/2024			1,360,000		1,433,100
Air Canada Pass Through Trust
3.300%, 07/15/2031 (A)			1,549,296		1,498,944
BOC Aviation, Ltd.
2.750%, 09/18/2022 (A)			990,000		967,938
BOC Aviation, Ltd. (3 month LIBOR +
1.050%) 3.609%, 05/02/2021 (A)(C)			285,000		286,368
Cimpress NV
7.000%, 06/15/2026 (A)			815,000		784,438
HC2 Holdings, Inc.
11.500%, 12/01/2021 (A)			695,000		606,388
IHS Markit, Ltd.
4.750%, 08/01/2028			835,000		873,669
Jasa Marga Persero Tbk PT
7.500%, 12/11/2020 (A)	IDR		9,120,000,000		620,840
Pelabuhan Indonesia II PT
4.250%, 05/05/2025 (A)	$		920,000		929,908
United Rentals North America, Inc.
4.875%, 01/15/2028			1,025,000		997,018
5.500%, 05/15/2027			870,000		878,700
					11,911,267
Information technology – 3.9%
Apple, Inc.
3.250%, 02/23/2026			950,000		967,527
3.450%, 05/06/2024			1,395,000		1,442,243
Banff Merger Sub, Inc.
9.750%, 09/01/2026 (A)			870,000		843,900
CDK Global, Inc.
5.875%, 06/15/2026			1,065,000		1,112,925
CommScope Finance LLC
5.500%, 03/01/2024 (A)			2,160,000		2,209,226
Dell International LLC
5.300%, 10/01/2029 (A)			1,050,000		1,056,799
8.350%, 07/15/2046 (A)			1,465,000		1,770,735
IBM Corp.
2.750%, 12/21/2020	GBP		925,000		1,236,532
Jabil, Inc.
3.950%, 01/12/2028	$		349,000		325,617
KLA-Tencor Corp.
4.100%, 03/15/2029			1,335,000		1,364,728
Microchip Technology, Inc.
3.922%, 06/01/2021 (A)			35,000		35,301
4.333%, 06/01/2023 (A)			580,000		592,812
Micron Technology, Inc.
5.327%, 02/06/2029			1,215,000		1,248,971
Microsoft Corp.
2.000%, 08/08/2023			1,525,000		1,490,175
NXP BV
4.625%, 06/01/2023 (A)			1,200,000		1,246,200
Seagate HDD Cayman
4.875%, 06/01/2027			1,715,000		1,636,223
Travelport Corporate Finance PLC
6.000%, 03/15/2026 (A)			900,000		972,000
					19,551,914

251

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Strategic Income Opportunities Trust (continued)

		Shares or     Principal Amount		Value
CORPORATE BONDS (continued)
Materials – 2.4%
Ball Corp.
4.000%, 11/15/2023	$		1,845,000	$	1,858,838
4.375%, 12/15/2020			820,000		832,300
4.875%, 03/15/2026			1,120,000		1,155,000
5.250%, 07/01/2025			1,460,000		1,529,350
Crown Americas LLC
4.500%, 01/15/2023			1,360,000		1,373,600
Crown Cork & Seal Company, Inc.
7.375%, 12/15/2026			1,021,000		1,133,310
Ecolab, Inc.
1.000%, 01/15/2024	EUR		330,000		382,262
Sealed Air Corp.
4.875%, 12/01/2022 (A)	$		690,000		712,073
5.125%, 12/01/2024 (A)			1,310,000		1,357,108
5.500%, 09/15/2025 (A)			89,000		93,690
6.500%, 12/01/2020 (A)			1,390,000		1,445,600
					11,873,131
Real estate – 0.3%
American Tower Corp.
1.950%, 05/22/2026	EUR		305,000		352,256
Crown Castle International Corp.
4.300%, 02/15/2029	$		765,000		789,088
SBA Communications Corp.
4.875%, 09/01/2024			550,000		555,665
					1,697,009
Utilities – 1.9%
Emera US Finance LP
3.550%, 06/15/2026			1,374,000		1,358,824
Emera, Inc. (6.750% to 6-15-26, then 3
month LIBOR + 5.440%) 06/15/2076			2,290,000		2,444,575
Greenko Dutch BV
5.250%, 07/24/2024 (A)			975,000		937,931
Israel Electric Corp., Ltd.
5.000%, 11/12/2024 (A)			420,000		443,100
6.875%, 06/21/2023 (A)			235,000		261,878
NRG Energy, Inc.
6.625%, 01/15/2027			1,625,000		1,748,906
Perusahaan Listrik Negara PT
4.125%, 05/15/2027 (A)			1,440,000		1,418,792
Southern Gas Networks PLC
4.875%, 12/21/2020	GBP		80,000		110,349
Vistra Operations Company LLC
5.500%, 09/01/2026 (A)	$		475,000		494,000
5.625%, 02/15/2027 (A)			251,000		260,726
					9,479,081
TOTAL CORPORATE BONDS (Cost $216,152,417)				$	216,431,866
CONVERTIBLE BONDS – 2.8%
Communication services – 0.3%
DISH Network Corp.
3.375%, 08/15/2026			430,000		365,285
GCI Liberty, Inc.
1.750%, 09/30/2046 (A)			1,150,000		1,255,978
					1,621,263
Consumer discretionary – 0.3%
Sony Corp.
0.000%, 09/30/2022	JPY		139,000,000		1,467,336
Energy – 0.8%
Chesapeake Energy Corp.
5.500%, 09/15/2026	$		1,960,000		1,816,125
Oasis Petroleum, Inc.
2.625%, 09/15/2023 (B)			1,180,000		1,101,685

Strategic Income Opportunities Trust (continued)

		Shares or     Principal Amount		Value
CONVERTIBLE BONDS (continued)
Energy (continued)
SM Energy Company
1.500%, 07/01/2021	$		785,000	$	732,908
					3,650,718
Health care – 0.8%
Anthem, Inc.
2.750%, 10/15/2042			329,000		1,305,541
Bayer Capital Corp. BV
5.625%, 11/22/2019 (A)	EUR		1,300,000		1,038,292
Danaher Corp.
0.000%, 01/22/2021	$		340,000		1,715,449
					4,059,282
Industrials – 0.2%
Fortive Corp.
0.875%, 02/15/2022 (A)			795,000		835,590
Information technology – 0.2%
Avaya Holdings Corp.
2.250%, 06/15/2023 (A)			1,055,000		971,624
Utilities – 0.2%
NRG Energy, Inc.
2.750%, 06/01/2048 (A)			1,020,000		1,159,972
TOTAL CONVERTIBLE BONDS (Cost $12,897,970)				$	13,765,785
CAPITAL PREFERRED SECURITIES – 1.3%
Financials – 1.3%
BAC Capital Trust XIII (Greater of 3
month LIBOR + 0.400% or 4.000%)
4.000%, 04/15/2019 (C)(D)			1,045,000		815,100
First Maryland Capital I (3 month
LIBOR + 1.000%) 3.787%,
01/15/2027 (C)			1,046,000		967,550
First Maryland Capital II (3 month
LIBOR + 0.850%) 3.391%,
02/01/2027 (C)			1,220,000		1,125,450
USB Capital IX (Greater of 3 month
LIBOR + 1.020% or 3.500%) 3.807%,
04/29/2019 (C)(D)			2,081,000		1,633,585
Wachovia Capital Trust III (Greater of 3
month LIBOR + 0.930% or 5.570%)
5.570%, 04/29/2019 (C)(D)			1,942,000		1,916,851
					6,458,536
TOTAL CAPITAL PREFERRED SECURITIES
(Cost $6,692,719)				$	6,458,536
TERM LOANS (E) – 0.9%
Communication services – 0.2%
Cengage Learning, Inc., 2016 Term Loan
B (1 month LIBOR + 4.250%)
6.736%, 06/07/2023			1,359,722		1,220,350
Consumer discretionary – 0.4%
American Tire Distributors, Inc., 2015
Term Loan (3 month LIBOR +
7.500%) 10.129%, 09/02/2024			1,959,143		1,743,638
American Tire Distributors, Inc., Exit
FILO Term Loan (3 month LIBOR +
6.000%) 8.663%, 09/01/2023			187,732		183,977
					1,927,615
Industrials – 0.2%
Space Exploration Technologies Corp.,
Term Loan B (1 month LIBOR +
4.250%) 6.740%, 11/21/2025			1,057,350		1,052,063

252

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Strategic Income Opportunities Trust (continued)

		Shares or     Principal Amount		Value
TERM LOANS (E) (continued)
Materials – 0.1%
Crown European Holdings SA, 2018
EUR Term Loan (1 month EURIBOR
+ 2.375%) 2.375%, 04/03/2025	EUR		248,130	$	279,152
TOTAL TERM LOANS (Cost $4,576,211)				$	4,479,180
COLLATERALIZED MORTGAGE OBLIGATIONS – 6.0%
Commercial and residential – 5.4%
Adjustable Rate Mortgage Trust
Series 2004-5, Class 2A1
4.328%, 04/25/2035 (F)	$		233,914		236,461
Americold LLC
Series 2010-ARTA, Class D
7.443%, 01/14/2029 (A)			445,000		470,182
Arroyo Mortgage Trust
Series 2018-1, Class A1,
3.763%, 04/25/2048 (A)(F)			1,128,758		1,141,097
Series 2019-1, Class A1,
3.805%, 01/25/2049 (A)(F)			1,233,005		1,241,512
BBCMS Mortgage Trust
Series 2018-TALL, Class E (1 month LIBOR + 2.437%)
4.926%, 03/15/2037 (A)(C)			815,000		811,422
Bear Stearns Adjustable Rate Mortgage Trust
Series 2004-10, Class 12A3
4.233%, 01/25/2035 (F)			175,377		176,270
Bear Stearns ALT-A Trust
Series 2004-12, Class 1A1 (1 month LIBOR + 0.700%),
3.190%, 01/25/2035 (C)			81,543		81,648
Series 2004-13, Class A1 (1 month LIBOR + 0.740%),
3.230%, 11/25/2034 (C)			52,591		52,384
BHMS Mortgage Trust
Series 2018-ATLS, Class C (1 month LIBOR + 1.900%),
4.389%, 07/15/2035 (A)(C)			665,000		663,744
Series 2018-ATLS, Class D (1 month LIBOR + 2.250%),
4.739%, 07/15/2035 (A)(C)			380,000		378,569
BX Commercial Mortgage Trust
Series 2018-BIOA, Class E (1 month LIBOR + 1.951%)
4.440%, 03/15/2037 (A)(C)			1,040,000		1,039,988
BXP Trust
Series 2017-CC, Class C,
3.552%, 08/13/2037 (A)(F)			565,000		557,377
Series 2017-GM, Class D,
3.425%, 06/13/2039 (A)(F)			1,220,000		1,185,657
CGDBB Commercial Mortgage Trust
Series 2017-BIO, Class D (1 month LIBOR + 1.600%)
4.089%, 07/15/2032 (A)(C)			195,000		195,245
Chase Mortgage Finance Trust
Series 2007-A1, Class 2A1
4.478%, 02/25/2037 (F)			67,296		69,213
CLNS Trust
Series 2017-IKPR, Class C (1 month LIBOR + 1.100%)
3.617%, 06/11/2032 (A)(C)			675,000		672,874
Cold Storage Trust
Series 2017-E3, Class C (1 month LIBOR + 1.350%)
3.839%, 04/15/2036 (A)(C)			775,000		774,978

Strategic Income Opportunities 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 D
3.898%, 03/10/2031 (A)	$		290,000	$	302,468
Commercial Mortgage Trust (Deutsche Bank AG)
Series 2014-TWC, Class D (1 month LIBOR + 2.250%)
4.748%, 02/13/2032 (A)(C)			665,000		665,209
Core Industrial Trust
Series 2015-CALW, Class F
3.850%, 02/10/2034 (A)(F)			445,000		446,639
Credit Suisse Commercial Mortgage Trust
Series 2015-GLPB, Class A
3.639%, 11/15/2034 (A)			680,000		698,508
DBGS Mortgage Trust
Series 2018-BIOD, Class B (1 month LIBOR + 0.888%)
3.377%, 05/15/2035 (A)(C)			677,541		670,962
DSLA Mortgage Loan Trust
Series 2004-AR1 Class X2 IO,
1.077%, 09/19/2044			1,785,173		87,976
Series 2005-AR2, Class X2 IO,
1.390%, 03/19/2045			2,879,958		118,367
GAHR Commercial Mortgage Trust
Series 2015-NRF, Class EFX
3.382%, 12/15/2034 (A)(F)			550,000		544,820
GRACE Mortgage Trust
Series 2014-GRCE, Class F
3.590%, 06/10/2028 (A)(F)			350,000		346,488
Greenwich Capital Commercial Funding Corp.
Series 2006-GG7, Class AM
5.692%, 07/10/2038 (F)			24,512		24,651
GS Mortgage Securities Corp. Trust
Series 2018-TWR, Class A (1 month LIBOR + 0.900%)
3.389%, 07/15/2031 (A)(C)			895,000		894,152
GSR Mortgage Loan Trust
Series 2004-5, Class 2A1
4.279%, 05/25/2034 (F)			357,945		360,951
HarborView Mortgage Loan Trust
Series 2004-5, Class 2A-6,
3.855%, 06/19/2034 (F)			157,590		157,763
Series 2004-7, Class 4A,
4.703%, 11/19/2034 (F)			239,790		244,797
Series 2005-2, Class X IO,
1.162%, 05/19/2035			1,062,037		54,085
Series 2005-9, Class 2A1A (1 month LIBOR + 0.340%),
2.828%, 06/20/2035 (C)			285,751		282,525
Series 2005-9, Class 2A1C (1 month LIBOR + 0.450%),
2.935%, 06/20/2035 (C)			194,076		195,204
Series 2007-3, Class ES IO,
0.350%, 05/19/2047 (A)			6,641,903		115,654
Series 2007-4, Class ES IO,
0.350%, 07/19/2047			6,891,702		114,853
Series 2007-6, Class ES IO,
0.353%, 08/19/2037 (A)			5,845,250		84,196

253

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Strategic Income Opportunities Trust (continued)

		Shares or     Principal Amount		Value
COLLATERALIZED MORTGAGE
OBLIGATIONS (continued)
Commercial and residential (continued)
IMT Trust
Series 2017-A3, Class EFL (1 month
LIBOR + 2.150%)
4.639%, 06/15/2034 (A)(C)	$		325,000	$	323,232
IndyMac Index Mortgage Loan Trust
Series 2005-AR18, Class 1X IO,
1.045%, 10/25/2036			4,781,303		217,800
Series 2005-AR18, Class 2X IO,
0.613%, 10/25/2036			11,934,002		217,173
JPMorgan Chase Commercial Mortgage
Securities Trust
Series 2018-AON, Class D,
4.613%, 07/05/2031 (A)(F)			270,000		280,526
Series 2018-PHH, Class C (1 month
LIBOR + 1.360%),
3.849%, 06/15/2035 (A)(C)			265,000		264,331
Merrill Lynch Mortgage Investors Trust
Series 2004-1, Class 2A1,
4.277%, 12/25/2034 (F)			86,798		86,864
Series 2005-A2, Class A2,
4.455%, 02/25/2035 (F)			180,563		186,263
Series 2005-A8, Class A2A (1 month
LIBOR + 0.270%),
2.760%, 08/25/2036 (C)			483,357		478,625
Series 2006-3, Class 2A1,
4.420%, 10/25/2036 (F)			125,014		123,851
Morgan Stanley Capital I Trust
Series 2014-150E, Class F,
4.295%, 09/09/2032 (A)(F)			695,000		698,457
Series 2017-CLS, Class D (1 month
LIBOR + 1.400%),
3.889%, 11/15/2034 (A)(C)			370,000		369,536
Morgan Stanley Mortgage Loan Trust
Series 2004-8AR, Class 4A1,
4.521%, 10/25/2034 (F)			234,666		238,511
Series 2004-9, Class 1A,
5.362%, 11/25/2034 (F)			142,116		149,825
MSCG Trust
Series 2016-SNR, Class D
6.550%, 11/15/2034 (A)			344,250		344,390
MSDB Trust
Series 2017-712F, Class B
3.453%, 07/11/2039 (A)(F)			785,000		779,589
Olympic Tower Mortgage Trust
Series 2017-OT, Class A
3.566%, 05/10/2039 (A)			595,000		606,342
One Market Plaza Trust
Series 2017-1MKT, Class D
4.146%, 02/10/2032 (A)			275,000		274,740
Opteum Mortgage Acceptance Corp. Trust
Series 2005-4, Class 1APT (1 month
LIBOR + 0.310%)
2.800%, 11/25/2035 (C)			105,674		104,956
Queens Center Mortgage Trust
Series 2013-QCA, Class D
3.474%, 01/11/2037 (A)(F)			540,000		525,045
SFAVE Commercial Mortgage Securities Trust
Series 2015-5AVE, Class D
4.388%, 01/05/2043 (A)(F)			635,000		529,470

Strategic Income Opportunities Trust (continued)

		Shares or     Principal Amount		Value
COLLATERALIZED MORTGAGE
OBLIGATIONS (continued)
Commercial and residential (continued)
Structured Asset Securities Corp.
Series 2003-7A, Class 3A6
4.392%, 12/25/2033 (F)	$		143,207	$	144,011
Thornburg Mortgage Securities Trust
Series 2007-4, Class 1A1
4.229%, 09/25/2037 (F)			335,431		338,715
Verus Securitization Trust
Series 2018-1, Class A1
2.929%, 02/25/2048 (A)(F)			368,490		366,700
VNDO Trust
Series 2016-350P, Class D
3.903%, 01/10/2035 (A)(F)			749,000		750,981
WaMu Mortgage Pass Through Certificates
Series 2004-AR14, Class A1,
4.395%, 01/25/2035 (F)			217,039		221,832
Series 2005-AR2, Class 2A1B (1 month LIBOR + 0.370%),
2.860%, 01/25/2045 (C)			360,721		359,891
Series 2005-AR2, Class 2A2B (1 month LIBOR + 0.380%),
2.870%, 01/25/2045 (C)			249,184		249,532
Series 2005-AR3, Class A2,
4.090%, 03/25/2035 (F)			205,361		207,781
Series 2005-AR8, Class 2AB2 (1 month LIBOR + 0.840%),
3.330%, 07/25/2045 (C)			268,791		269,154
Series 2005-AR8, Class 2AB3 (1 month LIBOR + 0.720%),
3.210%, 07/25/2045 (C)			263,083		263,503
Wells Fargo Mortgage Backed Securities Trust
Series 2004-Z, Class 2A1
4.974%, 12/25/2034 (F)			114,433		116,460
Worldwide Plaza Trust
Series 2017-WWP, Class D
3.596%, 11/10/2036 (A)(F)			645,000		624,855
					26,871,830
U.S. Government Agency – 0.6%
Federal Home Loan Mortgage Corp.
Series 2014-DN2, Class M2 (1 month LIBOR + 1.650%),
4.140%, 04/25/2024 (C)			150,758		151,728
Series 2015-DNA1, Class M2 (1 month LIBOR + 1.850%),
4.340%, 10/25/2027 (C)			270,358		273,196
Series 2017-DNA2, Class M1 (1 month LIBOR + 1.200%),
3.690%, 10/25/2029 (C)			809,974		814,290
Series 2017-DNA3, Class M1 (1 month LIBOR + 0.750%),
3.240%, 03/25/2030 (C)			1,332,589		1,331,761
Federal National Mortgage Association
Series 2017-C05, Class 1M1 (1 month LIBOR + 0.550%)
3.040%, 01/25/2030 (C)			143,840		143,752
					2,714,727
TOTAL COLLATERALIZED MORTGAGE OBLIGATIONS (Cost $28,383,238)				$	29,586,557

254

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Strategic Income Opportunities Trust (continued)

		Shares or     Principal Amount		Value
ASSET BACKED SECURITIES – 4.7%
Aames Mortgage Investment Trust
Series 2005-4, Class M2 (1 month LIBOR + 0.735%)
3.225%, 10/25/2035 (C)	$		388,007	$	388,898
Accredited Mortgage Loan Trust
Series 2005-2, Class M2 (1 month LIBOR + 0.660%)
3.150%, 07/25/2035 (C)			69,061		69,130
Aegis Asset Backed Securities Trust
Series 2005-2, Class M2 (1 month LIBOR + 0.440%)
2.930%, 06/25/2035 (C)			188,529		186,626
American Express Credit Account Master Trust
Series 2019-1, Class A
2.972%, 10/15/2024			775,000		782,273
BA Credit Card Trust
Series 2018-A1, Class A1
2.700%, 07/17/2023			1,198,000		1,201,931
Bravo Mortgage Asset Trust
Series 2006-1A, Class A2 (1 month LIBOR + 0.240%)
2.730%, 07/25/2036 (A)(C)			424,853		423,662
Citibank Credit Card Issuance Trust
Series 2018-A1, Class A1
2.490%, 01/20/2023			500,000		499,312
Coinstar Funding LLC
Series 2017-1A, Class A2
5.216%, 04/25/2047 (A)			1,517,963		1,546,891
DB Master Finance LLC
Series 2015-1A, Class A2II
3.980%, 02/20/2045 (A)			1,080,000		1,078,553
Series 2017-1A, Class A2I
3.629%, 11/20/2047 (A)			513,500		513,854
Series 2019-1A, Class A2I
3.787%, 05/20/2049 (A)			900,000		902,430
Series 2019-1A, Class A2II
4.021%, 05/20/2049 (A)			485,000		487,183
Discover Card Execution Note Trust
Series 2019-A1, Class A1
3.040%, 07/15/2024			475,000		481,477
Domino’s Pizza Master Issuer LLC
Series 2015-1A, Class A2II
4.474%, 10/25/2045 (A)			880,113		908,294
Series 2017-1A, Class A2I (3 month LIBOR + 1.250%)
4.021%, 07/25/2047 (A)(C)			940,675		938,022
Driven Brands Funding LLC
Series 2015-1A, Class A2
5.216%, 07/20/2045 (A)			563,085		583,294
First Franklin Mortgage Loan Trust
Series 2005-FF7, Class M2 (1 month LIBOR + 0.470%)
2.960%, 07/25/2035 (C)			88,552		88,634
FOCUS Brands Funding LLC
Series 2017-1A, Class A2II
5.093%, 04/30/2047 (A)			599,325		619,972
GSAA Home Equity Trust
Series 2005-MTR1, Class A4 (1 month LIBOR + 0.370%)
2.860%, 10/25/2035 (C)			385,811		383,424
Home Equity Asset Trust
Series 2003-1, Class M1 (1 month LIBOR + 1.500%)
3.990%, 06/25/2033 (C)			122,360		122,042

Strategic Income Opportunities Trust (continued)

		Shares or     Principal Amount		Value
ASSET BACKED SECURITIES (continued)
Home Partners of America Trust
Series 2018-1, Class D (1 month LIBOR + 1.450%)
3.931%, 07/17/2037 (A)(C)	$		590,000	$	587,416
METAL LLC
Series 2017-1, Class A
4.581%, 10/15/2042 (A)			469,442		468,564
Mill City Mortgage Loan Trust
Series 2018-3, Class A1
3.500%, 08/25/2058 (A)(F)			1,798,103		1,813,568
MVW Owner Trust
Series 2018-1A, Class A
3.450%, 01/21/2036 (A)			633,976		643,011
NextGear Floorplan Master Owner Trust
Series 2018-2A, Class A2
3.690%, 10/15/2023 (A)			875,000		890,655
Option One Mortgage Loan Trust
Series 2005-2, Class M1 (1 month LIBOR + 0.660%)
3.150%, 05/25/2035 (C)			449,600		449,415
Saxon Asset Securities Trust
Series 2006-2, Class A3C (1 month LIBOR + 0.150%)
2.640%, 09/25/2036 (C)			440,840		439,182
Structured Asset Investment Loan Trust
Series 2005-2, Class M2 (1 month LIBOR + 0.735%)
3.225%, 03/25/2035 (C)			569,321		568,267
Taco Bell Funding LLC
Series 2016-1A, Class A23
4.970%, 05/25/2046 (A)			1,532,700		1,603,511
Textainer Marine Containers VII, Ltd.
Series 2018-1A, Class A
4.110%, 07/20/2043 (A)			699,720		709,001
Towd Point Mortgage Trust
Series 2018-3, Class A1
3.750%, 05/25/2058 (A)(F)			663,277		670,945
Series 2018-4, Class A1
3.000%, 06/25/2058 (A)(F)			400,900		396,579
Series 2019-1, Class A1
3.750%, 03/25/2058 (A)(F)			955,256		970,214
Verizon Owner Trust
Series 2017-1A, Class A
2.060%, 09/20/2021 (A)			615,000		613,092
Wendy’s Funding LLC
Series 2015-1A, Class A2II
4.080%, 06/15/2045 (A)			198,790		200,816
Series 2018-1A, Class A2I
3.573%, 03/15/2048 (A)			172,813		170,369
TOTAL ASSET BACKED SECURITIES (Cost $22,991,936)				$	23,400,507
COMMON STOCKS – 0.1%
Communication services – 0.0%
Vertis Holdings, Inc. (G)(H)			8,371		0
Industrials – 0.1%
HC2 Holdings, Inc. (B)(H)			88,710		217,340
TOTAL COMMON STOCKS (Cost $786,052)				$	217,340
PREFERRED SECURITIES – 3.6%
Financials – 1.5%
First Republic Bank, 5.125%			28,400		692,960
First Tennessee Bank NA (Greater of 3 month LIBOR + 0.850% or 3.750%),
3.750% (A)(C)			2,315		1,691,867

255

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Strategic Income Opportunities Trust (continued)

	Shares or     Principal Amount		Value
PREFERRED SECURITIES (continued)
Financials (continued)
IBERIABANK Corp. (6.600% to 5-1-26, then 3 month LIBOR + 4.920%)		10,886	$	288,370
SunTrust Banks, Inc. (Greater of 3 month LIBOR + 0.530% or 4.000%), 4.000% (C)		11,356		242,678
U.S. Bancorp, 5.500% (B)		40,750		1,035,458
U.S. Bancorp (Greater of 3 month LIBOR + 1.020% or 3.500%), 3.807% (C)		1,829		1,445,386
Valley National Bancorp (5.500% to 9-30-22, then 3 month LIBOR + 3.578%)		22,825		569,256
Wells Fargo & Company (5.850% to 9-15-23, then 3 month LIBOR + 3.090%)		27,605		719,110
Zions Bancorp NA (6.950% to 9-15-23, then 3 month LIBOR + 3.890%)		21,913		664,621
				7,349,706
Health care – 0.3%
Becton, Dickinson and Company, 6.125%		24,695		1,526,398
Industrials – 0.3%
Fortive Corp., 5.000%		1,665		1,752,977
Real estate – 0.2%
Crown Castle International Corp., 6.875%		1,010		1,194,830
Utilities – 1.3%
CenterPoint Energy, Inc., 7.000%		31,650		1,672,386
Dominion Energy, Inc., 6.750%		28,680		1,431,706
NextEra Energy, Inc., 6.123%		36,105		2,233,455
South Jersey Industries, Inc., 7.250%		17,400		897,492
				6,235,039
TOTAL PREFERRED SECURITIES (Cost $17,378,204)			$	18,058,950
PURCHASED OPTIONS – 0.0%
Calls – 0.0%
Over the Counter Option on the GBP vs. USD (Expiration Date: 4-10-19; Strike Price: GBP 1.33; Counterparty: Citibank N.A.) (H)(I)		6,480,000		25,894
Puts – 0.0%
Over the Counter Option on the AUD vs. JPY (Expiration Date: 6-6-19; Strike Price: AUD 74.50; Counterparty: Citibank N.A.) (H)(I)		7,805,000		22,279
Over the Counter Option on the USD vs. CAD (Expiration Date: 5-24-19; Strike Price: $1.23; Counterparty: Citigroup Global Markets, Ltd.) (H)(I)		9,835,000		20
				22,299
TOTAL PURCHASED OPTIONS (Cost $334,911)			$	48,193
SECURITIES LENDING COLLATERAL – 1.2%
John Hancock Collateral Trust, 2.6031% (J)(K) 587,785				5,881,849
TOTAL SECURITIES LENDING COLLATERAL (Cost $5,881,939)			$	5,881,849
SHORT-TERM INVESTMENTS – 1.3%
U.S. Government Agency – 1.3%
Federal Home Loan Bank Discount Note
2.250%, 04/01/2019*	$	6,410,000		6,410,000

Strategic Income Opportunities Trust (continued)

	Shares or     Principal Amount		Value
SHORT-TERM INVESTMENTS (continued)
Repurchase agreement – 0.0%
Barclays Tri-Party Repurchase Agreement dated 3-29-19 at 2.550% to be repurchased at $146,031 on 4-1-19, collateralized by $126,700 U.S. Treasury Inflation Indexed Notes, 1.375% due 1-15-20 (valued at $149,011, including interest)	$	146,000	$	146,000
TOTAL SHORT-TERM INVESTMENTS (Cost $6,554,806)			$	6,556,000
Total Investments (Strategic Income Opportunities Trust)
(Cost $499,269,390) – 99.9%			$	495,334,035
Other assets and liabilities, net – 0.1%				663,946
TOTAL NET ASSETS – 100.0%			$	495,997,981

Currency Abbreviations
AUD	Australian Dollar
BRL	Brazilian Real
CAD	Canadian Dollar
COP	Colombian Peso
EUR	Euro
GBP	Pound Sterling
IDR	Indonesian Rupiah
INR	Indian Rupee
JPY	Japanese Yen
KRW	Korean Won
MYR	Malaysian Ringgit
NOK	Norwegian Krone
NZD	New Zealand Dollar
PHP	Philippine Peso
SGD	Singapore Dollar
Security Abbreviations and Legend
BBSW	Bank Bill Swap Rate
EURIBOR	Euro Interbank Offered Rate
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)	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 $133,545,740 or 26.9% of the fund’s net assets as of 3-31-19.
(B)	All or a portion of this security is on loan as of 3-31-19. The value of securities on loan amounted to $5,728,283.
(C)	Variable rate obligation. The coupon rate shown represents the rate at period end.
(D)	Perpetual bonds have no stated maturity date. Date shown as maturity date is next call date.
(E)	Term loans are variable rate obligations. 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)	Security is valued using significant unobservable inputs and is classified as Level 3 in the fair value hierarchy.
(H)	Non-income producing security.
(I)	For this type of option, notional amounts are equivalent to number of contracts.
(J)	The rate shown is the annualized seven-day yield as of 3-31-19.
(K)	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.

256

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Strategic Income Opportunities Trust (continued)

DERIVATIVES

FORWARD FOREIGN CURRENCY CONTRACTS

Contract to buy		Contract to sell		Counterparty (OTC)	Contractual settlement date	Unrealized appreciation		Unrealized depreciation
AUD	21,341,842	USD	15,318,214	Australia and New Zealand Banking Group	6/19/2019		—	($	142,492	)
BRL	12,299,242	USD	3,189,653	Citibank N.A.	6/19/2019		—		(66,163	)
BRL	3,395,442	USD	881,920	Goldman Sachs Bank USA	6/19/2019		—		(19,621	)
CAD	2,841,587	NZD	3,105,000	National Australia Bank Limited	6/19/2019	$	12,851		—
CAD	4,013,053	USD	3,050,000	Bank of Montreal	6/19/2019		—		(41,182	)
CAD	8,085,697	USD	6,110,000	Canadian Imperial Bank of Commerce	6/19/2019		—		(47,684	)
CAD	2,433,965	USD	1,857,933	Citibank N.A.	6/19/2019		—		(33,049	)
CAD	1,491,681	USD	1,138,733	Morgan Stanley Capital Services, Inc.	6/19/2019		—		(20,334	)
CAD	2,208,893	USD	1,678,133	Royal Bank of Canada	6/19/2019		—		(21,998	)
EUR	75,000	USD	84,696	Bank of America, N.A.	6/19/2019		—		(10	)
EUR	15,794,477	USD	18,074,186	Citibank N.A.	6/19/2019		—		(239,957	)
EUR	30,979,594	USD	35,376,832	Goldman Sachs Bank USA	6/19/2019		—		(396,429	)
EUR	7,091,545	USD	8,094,434	Morgan Stanley Capital Services, Inc.	6/19/2019		—		(87,062	)
EUR	4,945,256	USD	5,644,154	Standard Chartered Bank	6/19/2019		—		(60,251	)
EUR	8,687,610	USD	9,912,076	State Street Bank and Trust Company	6/19/2019		—		(102,519	)
EUR	8,524,049	USD	9,633,902	UBS AG	6/19/2019		—		(9,028	)
GBP	3,856,705	EUR	4,515,000	Goldman Sachs Bank USA	6/19/2019		—		(55,429	)
GBP	2,995,000	USD	3,940,579	Citibank N.A.	6/19/2019		—		(24,608	)
GBP	6,730,000	USD	8,799,190	HSBC Bank USA	6/19/2019		303		—
GBP	1,495,000	USD	1,951,835	Standard Chartered Bank	6/19/2019		2,882		—
GBP	3,035,000	USD	3,983,326	State Street Bank and Trust Company	6/19/2019		—		(15,055	)
GBP	1,505,000	USD	1,987,923	UBS AG	6/19/2019		—		(20,131	)
JPY	983,122,658	AUD	12,460,000	Australia and New Zealand Banking Group	6/19/2019		64,429		—
JPY	134,727,461	USD	1,218,837	UBS AG	4/2/2019		—		(3,215	)
JPY	666,366,788	USD	6,050,000	Citibank N.A.	6/19/2019		—		(941	)
JPY	166,773,565	USD	1,505,000	UBS AG	6/19/2019		8,916		—
MXN	118,553,191	USD	6,040,000	Citibank N.A.	6/19/2019		—		(7,836	)
MXN	28,901,977	USD	1,490,000	Goldman Sachs Bank USA	6/19/2019		—		(19,424	)
MXN	61,084,511	USD	3,090,000	HSBC Bank USA	6/19/2019		18,071		—
MXN	29,660,785	USD	1,495,000	Morgan Stanley Capital Services, Inc.	6/19/2019		14,185		—
MXN	152,531,825	USD	7,745,039	State Street Bank and Trust Company	6/19/2019		16,009		—
NZD	1,510,000	CAD	1,375,376	Australia and New Zealand Banking Group	6/19/2019		—		(1,359	)
NZD	1,595,000	CAD	1,451,710	Royal Bank of Canada	6/19/2019		—		(620	)
NZD	1,231,197	USD	835,094	Australia and New Zealand Banking Group	6/19/2019		4,599		—
NZD	3,141,502	USD	2,141,914	Goldman Sachs Bank USA	6/19/2019		633		—
NZD	9,950,000	USD	6,784,607	HSBC Bank USA	6/19/2019		1,427		—
NZD	5,337,090	USD	3,625,040	State Street Bank and Trust Company	6/19/2019		14,927		—
SGD	7,156,930	USD	5,269,947	Australia and New Zealand Banking Group	6/19/2019		18,670		—
SGD	4,720,321	USD	3,487,935	HSBC Bank USA	6/19/2019		148		—
USD	13,932,079	AUD	19,238,612	Australia and New Zealand Banking Group	6/19/2019		251,919		—
USD	2,196,220	AUD	3,025,000	Citibank N.A.	6/19/2019		45,208		—
USD	617,095	AUD	861,331	Morgan Stanley Capital Services, Inc.	6/19/2019		4,621		—
USD	1,014,644	BRL	3,881,358	Citibank N.A.	6/19/2019		28,943		—
USD	8,913,180	BRL	33,120,930	State Street Bank and Trust Company	6/19/2019		501,857		—
USD	1,450,870	CAD	1,941,485	Bank of Montreal	6/19/2019		—		(4,774	)
USD	4,543,530	CAD	6,024,047	Citibank N.A.	6/19/2019		26,953		—
USD	9,282,247	CAD	12,328,988	Goldman Sachs Bank USA	6/19/2019		38,490		—
USD	3,289,799	CAD	4,320,826	Morgan Stanley Capital Services, Inc.	6/19/2019		50,226		—
USD	19,067,483	CAD	25,439,581	Royal Bank of Canada	6/19/2019		—		(6,045	)
USD	940,755	CAD	1,243,518	State Street Bank and Trust Company	6/19/2019		8,417		—
USD	742,707	CAD	993,395	State Street Bank and Trust Company	6/20/2019		—		(2,118	)
USD	2,293,096	EUR	2,004,210	Australia and New Zealand Banking Group	6/19/2019		30,056		—
USD	14,584,778	EUR	12,736,914	Citibank N.A.	6/19/2019		202,975		—
USD	586,056	EUR	512,283	Goldman Sachs Bank USA	6/19/2019		7,615		—
USD	9,063,591	EUR	7,900,000	HSBC Bank USA	6/19/2019		143,358		—
USD	53,938,196	EUR	47,029,865	Morgan Stanley Capital Services, Inc.	6/19/2019		834,735		—
USD	2,222,314	EUR	1,943,704	Royal Bank of Canada	6/19/2019		27,594		—
USD	168,330	EUR	146,467	Standard Chartered Bank	6/19/2019		2,948		—
USD	20,830,494	EUR	18,331,228	State Street Bank and Trust Company	6/19/2019		131,909		—
USD	4,386,577	EUR	3,862,137	U.S. Bank	6/19/2019		25,670		—

257

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (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
USD	2,002,806	GBP	1,505,000	Citibank N.A.	6/19/2019	$	35,014		—
USD	3,154,196	GBP	2,410,000	Goldman Sachs Bank USA	6/19/2019		3,114		—
USD	5,907,600	GBP	4,495,000	HSBC Bank USA	6/19/2019		30,375		—
USD	3,982,600	GBP	3,000,000	Standard Chartered Bank	6/19/2019		60,092		—
USD	5,886,596	GBP	4,530,000	State Street Bank and Trust Company	6/19/2019		—	($	36,392	)
USD	1,530,000	JPY	165,980,520	Citibank N.A.	6/19/2019		23,283		—
USD	6,020,000	JPY	664,845,188	Goldman Sachs Bank USA	6/19/2019		—		(15,246	)
USD	3,505,248	JPY	387,560,141	Morgan Stanley Capital Services, Inc.	6/19/2019		—		(12,896	)
USD	4,242,722	JPY	464,277,952	Standard Chartered Bank	6/19/2019		28,159		—
USD	2,906,990	JPY	321,746,333	State Street Bank and Trust Company	6/19/2019		—		(13,718	)
USD	2,442,491	JPY	268,326,075	UBS AG	6/19/2019		6,715		—
USD	3,000,000	MXN	58,617,185	Citibank N.A.	6/19/2019		17,470		—
USD	7,635,000	MXN	150,252,960	Goldman Sachs Bank USA	6/19/2019		—		(10,095	)
USD	1,500,000	MXN	29,400,300	HSBC Bank USA	6/19/2019		4,069		—
USD	7,514,016	MXN	146,048,991	State Street Bank and Trust Company	6/19/2019		82,825		—
USD	1,675,000	MXN	32,964,838	Toronto Dominion Bank	6/19/2019		—		(2,300	)
USD	249,277	NOK	2,142,103	Citibank N.A.	6/19/2019		171		—
USD	8,540,027	NOK	72,000,969	JPMorgan Chase Bank N.A.	6/19/2019		167,000		—
USD	478,247	NZD	697,368	Australia and New Zealand Banking Group	6/19/2019		2,632		—
USD	19,073,991	NZD	27,623,964	Goldman Sachs Bank USA	6/19/2019		234,077		—
USD	6,992,198	SGD	9,443,839	HSBC Bank USA	6/19/2019		13,668		—
USD	3,440,668	SGD	4,644,385	Royal Bank of Canada	6/19/2019		8,697		—
						$	3,258,905	($	1,539,981	)

WRITTEN OPTIONS

Foreign currency options

Description	Counterparty (OTC)		Exercise price			Expiration date		Notional amount*		Premium		Value
Calls
British Pound versus U.S. Dollar		Citibank N.A.		GBP	1.33		Apr 2019		3,240,000	$	63,310	$	(12,947	)
										$	63,310	$	(12,947	)

* 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
MXN	Mexican Peso
NOK	Norwegian Krone
NZD	New Zealand Dollar
SGD	Singapore Dollar
USD	U.S. Dollar
Derivatives Abbreviations
OTC	Over-the-counter

See Notes to Portfolio of Investments regarding investment transactions and other derivatives information.

Total Bond Market Trust
	Shares or Principal Amount		Value
U.S. GOVERNMENT AND AGENCY OBLIGATIONS – 68.2%
U.S. Government – 36.6%
U.S. Treasury Bonds
2.750%, 08/15/2047	$	3,000,000	$	2,964,375
3.000%, 02/15/2047 to 08/15/2048		31,635,000		32,872,156
4.250%, 05/15/2039 to 11/15/2040		4,610,000		5,776,532

Total Bond Market Trust (continued)
	Shares or Principal Amount		Value
U.S. GOVERNMENT AND AGENCY
OBLIGATIONS (continued)
U.S. Government (continued)
U.S. Treasury Bonds (continued)
4.375%, 05/15/2041	$	1,830,000	$	2,338,468
4.625%, 02/15/2040		5,000,000		6,576,563
4.750%, 02/15/2041		2,000,000		2,680,391

258

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Total Bond Market Trust (continued)
	Shares or Principal Amount		Value
U.S. GOVERNMENT AND AGENCY
OBLIGATIONS (continued)
U.S. Government (continued)
U.S. Treasury Bonds (continued)
7.875%, 02/15/2021	$	3,400,000	$	3,744,516
8.125%, 08/15/2021		1,400,000		1,587,414
8.750%, 08/15/2020		5,750,000		6,240,547
U.S. Treasury Notes
1.250%, 01/31/2020		1,000,000		990,313
1.375%, 10/31/2020		30,500,000		30,042,500
1.625%, 06/30/2019 to 07/31/2020		28,100,000		27,896,200
1.750%, 09/30/2019		7,000,000		6,975,664
2.000%, 11/15/2021 to 02/15/2022		29,400,000		29,226,992
2.250%, 02/15/2021 to 11/15/2027		24,595,000		24,391,088
2.625%, 02/28/2023		3,000,000		3,044,648
2.750%, 04/30/2023		3,500,000		3,570,410
2.875%, 11/30/2023 to 05/15/2028		9,300,000		9,641,723
3.000%, 10/31/2025		2,000,000		2,084,219
3.125%, 05/15/2021		13,100,000		13,326,180
				215,970,899
U.S. Government Agency – 31.6%
Federal Home Loan Bank 5.500%, 07/15/2036		1,690,000		2,256,539
Federal Home Loan Mortgage Corp.
2.375%, 01/13/2022		1,500,000		1,505,357
2.500%, TBA (A)		3,000,000		2,982,998
2.500%, 04/01/2031		1,947,472		1,938,765
2.750%, 06/19/2023		2,000,000		2,035,693
3.000%, TBA (A)		5,000,000		4,978,644
3.000%, 07/01/2032 to 08/01/2046		8,725,150		8,758,998
3.500%, TBA (A)		4,300,000		4,360,828
3.500%, 12/01/2025 to 03/01/2045		6,555,681		6,724,235
4.000%, 02/01/2024 to 09/01/2047		4,944,004		5,126,731
4.500%, 05/01/2024 to 11/01/2048		6,942,807		7,283,520
4.617%, (12 month LIBOR + 1.868%), 08/01/2037 (B)		569,068		598,141
5.000%, TBA (A)		2,300,000		2,435,488
5.000%, 06/01/2023 to 10/01/2040		490,783		529,868
5.225%, (12 month LIBOR + 2.100%), 02/01/2037 (B)		62,897		66,021
5.500%, 02/01/2023 to 01/01/2039		658,727		719,553
6.000%, 10/01/2036 to 10/01/2038		314,268		354,186
6.250%, 07/15/2032		450,000		621,448
6.500%, 01/01/2021 to 09/01/2038		67,688		76,883
6.750%, 09/15/2029		1,200,000		1,635,877
7.000%, 04/01/2029 to 10/01/2038		69,525		79,804
7.500%, 09/01/2030 to 03/01/2032		8,628		9,945
8.000%, 02/01/2030		1,105		1,267
Federal National Mortgage Association
2.125%, 04/24/2026		2,000,000		1,954,062
2.500%, TBA (A)		4,000,000		3,975,143
2.500%, 05/01/2028		1,066,186		1,066,167
2.625%, 09/06/2024		1,000,000		1,014,806
3.000%, TBA (A)		11,400,000		11,348,635
3.000%, 01/01/2027 to 07/01/2046		13,790,058		13,820,349
3.500%, TBA (A)		3,000,000		3,040,446
3.500%, 12/01/2025 to 07/01/2046		18,481,972		18,899,709
4.000%, 08/01/2020 to 05/01/2048		21,723,728		22,467,782
4.065%, (12 month LIBOR + 1.796%), 04/01/2037 (B)		198,600		209,149
4.130%, (6 month LIBOR + 1.413%), 07/01/2034 (B)		151,551		154,992
4.217%, (12 month LIBOR + 1.576%), 09/01/2037 (B)		100,437		104,681
4.241%, (1 Year CMT + 2.185%), 05/01/2036 (B)		68,776		72,430

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)
4.430%, (12 month LIBOR + 1.351%), 01/01/2035 (B)	$	247,680	$	256,194
4.500%, 12/01/2020 to 06/01/2041		3,075,284		3,252,327
4.711%, (12 month LIBOR + 1.885%), 10/01/2037 (B)		84,477		88,965
5.000%, 07/01/2020 to 07/01/2039		1,380,977		1,487,090
5.500%, 08/01/2021 to 11/01/2038		845,140		919,098
6.000%, 01/01/2021 to 08/01/2038		609,962		675,963
6.500%, 03/01/2022 to 12/01/2037		160,891		182,748
7.000%, 02/01/2031 to 10/01/2038		52,565		59,859
7.125%, 01/15/2030		209,000		293,554
7.250%, 05/15/2030		1,450,000		2,067,681
7.500%, 09/01/2030 to 08/01/2031		21,738		24,958
8.000%, 08/01/2030 to 09/01/2031		5,502		6,338
8.500%, 09/01/2030		914		1,067
Financing Corp. 8.600%, 09/26/2019		675,000		694,925
Government National Mortgage Association
3.000%, TBA (A)		5,000,000		5,025,102
3.000%, 08/15/2043 to 06/20/2047		7,073,169		7,116,603
3.500%, TBA (A)		2,800,000		2,860,039
3.500%, 04/15/2042 to 02/20/2047		14,652,122		15,027,175
4.000%, 11/15/2026 to 01/20/2048		8,510,054		8,833,457
4.500%, 05/15/2019 to 10/20/2040		1,387,234		1,465,752
5.000%, 10/15/2023 to 07/20/2040		1,308,496		1,398,279
5.500%, 08/15/2023 to 09/20/2039		460,796		498,907
6.000%, 07/15/2029 to 10/15/2038		305,329		342,694
6.500%, 05/15/2028 to 12/15/2038		216,733		247,909
7.000%, 08/15/2029 to 05/15/2032		36,674		41,328
7.500%, 09/15/2030 to 01/15/2031		7,260		8,345
8.000%, 04/15/2031		7,552		8,806
8.500%, 09/15/2030		5,048		5,949
Tennessee Valley Authority 3.875%, 02/15/2021		700,000		718,987
				186,819,239
TOTAL U.S. GOVERNMENT AND AGENCY OBLIGATIONS (Cost $402,272,774)			$	402,790,138
FOREIGN GOVERNMENT OBLIGATIONS – 1.6%
Brazil – 0.3%
Federative Republic of Brazil 4.250%, 01/07/2025 (C)		1,612,000		1,641,032
Canada – 0.2%
Province of British Columbia 6.500%, 01/15/2026		490,000		598,491
Province of Quebec
7.125%, 02/09/2024		150,000		179,176
7.500%, 07/15/2023		410,000		487,472
				1,265,139
Chile – 0.1%
Republic of Chile 3.875%, 08/05/2020		510,000		518,160
Colombia – 0.1%
Republic of Colombia 4.375%, 07/12/2021		550,000		565,125
Israel – 0.1%
Government of Israel 5.500%, 09/18/2023		455,000		516,056

259

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Total Bond Market Trust (continued)
	Shares or Principal Amount		Value
FOREIGN GOVERNMENT OBLIGATIONS (continued)
Italy – 0.0%
Republic of Italy 6.875%, 09/27/2023	$	300,000	$	333,506
Mexico – 0.2%
Government of Mexico 6.050%, 01/11/2040		930,000		1,060,200
Panama – 0.1%
Republic of Panama 6.700%, 01/26/2036		370,000		482,850
Peru – 0.1%
Republic of Peru 6.550%, 03/14/2037		250,000		336,563
Philippines – 0.2%
Republic of Philippines 4.000%, 01/15/2021		1,000,000		1,019,357
Poland – 0.0%
Republic of Poland 6.375%, 07/15/2019		110,000		111,112
South Africa – 0.1%
Republic of South Africa 5.500%, 03/09/2020		740,000		751,700
Turkey – 0.1%
Republic of Turkey
6.000%, 01/14/2041		400,000		328,850
6.250%, 09/26/2022		400,000		394,619
				723,469
TOTAL FOREIGN GOVERNMENT OBLIGATIONS (Cost $9,369,017)			$	9,324,269
CORPORATE BONDS – 25.3%
Communication services – 2.2%
21st Century Fox America, Inc. 6.650%, 11/15/2037		440,000		607,787
America Movil SAB de CV
3.125%, 07/16/2022		500,000		503,525
5.000%, 03/30/2020		61,000		62,157
AT&T, Inc.
3.000%, 02/15/2022		500,000		502,115
4.125%, 02/17/2026		575,000		587,913
4.300%, 12/15/2042		20,000		18,441
4.500%, 03/09/2048		500,000		470,855
4.750%, 05/15/2046		900,000		882,881
5.150%, 03/15/2042		50,000		51,229
6.375%, 03/01/2041		360,000		422,944
British Telecommunications PLC 9.625%, 12/15/2030		190,000		271,824
CBS Corp. 4.300%, 02/15/2021		150,000		153,193
Comcast Corp.
2.350%, 01/15/2027		455,000		425,322
3.375%, 02/15/2025		600,000		611,524
5.700%, 07/01/2019		310,000		311,986
6.500%, 11/15/2035		255,000		323,202
Deutsche Telekom International Finance BV 8.750%, 06/15/2030		146,000		201,235
Grupo Televisa SAB 6.625%, 01/15/2040		220,000		257,128
Historic TW, Inc. 7.570%, 02/01/2024		240,000		283,114
NBCUniversal Media LLC 5.150%, 04/30/2020		230,000		235,793
TCI Communications, Inc. 7.125%, 02/15/2028		110,000		137,555

Total Bond Market Trust (continued)
	Shares or Principal Amount		Value
CORPORATE BONDS (continued)
Communication services (continued)
Telefonica Emisiones SA 7.045%, 06/20/2036	$	230,000	$	280,265
Telefonica Europe BV 8.250%, 09/15/2030		350,000		461,658
The Walt Disney Company 3.150%, 09/17/2025		500,000		510,332
Time Warner Cable LLC 4.125%, 02/15/2021		60,000		60,945
Time Warner Entertainment Company LP 8.375%, 07/15/2033		525,000		685,271
Verizon Communications, Inc.
2.625%, 02/21/2020		517,000		516,755
4.272%, 01/15/2036		458,000		463,905
4.522%, 09/15/2048		760,000		781,004
4.600%, 04/01/2021		650,000		674,643
Viacom, Inc. 4.500%, 03/01/2021		120,000		123,111
Vodafone Group PLC 4.375%, 03/16/2021		110,000		113,099
Warner Media LLC
4.850%, 07/15/2045		500,000		504,063
7.625%, 04/15/2031		285,000		373,782
				12,870,556
Consumer discretionary – 1.5%
American Honda Finance Corp.
2.150%, 03/13/2020		250,000		248,830
2.450%, 09/24/2020		470,000		468,332
AutoZone, Inc. 3.250%, 04/15/2025		1,000,000		992,017
Brinker International, Inc. 3.875%, 05/15/2023		250,000		239,688
eBay, Inc. 3.250%, 10/15/2020		250,000		251,092
Ford Motor Credit Company LLC
3.096%, 05/04/2023		280,000		262,680
3.336%, 03/18/2021		1,000,000		984,922
General Motors Financial Company, Inc.
4.250%, 05/15/2023		280,000		284,761
5.250%, 03/01/2026		650,000		671,284
Hyatt Hotels Corp. 3.375%, 07/15/2023		250,000		251,022
Johnson Controls, Inc. 5.700%, 03/01/2041		150,000		169,264
Lowe’s Companies, Inc. 3.375%, 09/15/2025		460,000		462,285
McDonald’s Corp. 3.625%, 05/20/2021		250,000		255,020
Newell Brands, Inc. 3.900%, 11/01/2025		250,000		232,429
O’Reilly Automotive, Inc. 4.875%, 01/14/2021		300,000		310,123
Target Corp. 3.900%, 11/15/2047		500,000		496,570
The Home Depot, Inc.
2.625%, 06/01/2022		400,000		402,592
3.350%, 09/15/2025		752,000		774,715
4.250%, 04/01/2046		390,000		414,628
5.875%, 12/16/2036		280,000		352,821
Toyota Motor Credit Corp. 3.400%, 09/15/2021		320,000		326,620
				8,851,695
Consumer staples – 1.3%
Altria Group, Inc.
4.500%, 05/02/2043		500,000		449,473
9.250%, 08/06/2019		105,000		107,333

260

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Total Bond Market Trust (continued)
	Shares or Principal Amount		Value
CORPORATE BONDS (continued)
Consumer staples (continued)
Anheuser-Busch Companies LLC
3.650%, 02/01/2026 (D)	$	800,000	$	802,939
4.900%, 02/01/2046 (D)		500,000		502,456
Anheuser-Busch InBev Worldwide, Inc.
4.750%, 01/23/2029		500,000		533,385
6.875%, 11/15/2019		460,000		470,975
Conagra Brands, Inc. 9.750%, 03/01/2021		175,000		191,218
CVS Health Corp. 4.125%, 05/15/2021		60,000		61,337
CVS Pass-Through Trust 8.353%, 07/10/2031 (D)		75,588		93,388
Diageo Capital PLC 4.828%, 07/15/2020		95,000		97,634
Edgewell Personal Care Company 4.700%, 05/19/2021		250,000		254,375
Kellogg Company 4.150%, 11/15/2019		30,000		30,229
Kraft Heinz Foods Company
3.000%, 06/01/2026		495,000		462,812
3.950%, 07/15/2025		600,000		604,730
6.875%, 01/26/2039		40,000		45,236
PepsiCo, Inc.
2.850%, 02/24/2026		495,000		491,880
4.000%, 03/05/2042		270,000		281,949
5.500%, 01/15/2040		280,000		347,578
Philip Morris International, Inc.
3.600%, 11/15/2023		250,000		257,335
4.125%, 05/17/2021		320,000		329,182
Reynolds American, Inc. 3.250%, 11/01/2022 (C)		270,000		267,933
SC Johnson & Son, Inc. 4.000%, 05/15/2043 (D)		250,000		248,510
The Coca-Cola Company 3.150%, 11/15/2020		560,000		564,831
				7,496,718
Energy – 2.6%
Anadarko Petroleum Corp. 6.450%, 09/15/2036		280,000		322,949
Apache Corp. 3.625%, 02/01/2021		250,000		252,919
Boardwalk Pipelines LP 4.950%, 12/15/2024		400,000		415,207
BP Capital Markets PLC 2.750%, 05/10/2023		250,000		249,129
Canadian Natural Resources, Ltd. 6.250%, 03/15/2038		290,000		349,492
Cenovus Energy, Inc. 5.700%, 10/15/2019		15,385		15,605
Chevron Corp. 1.961%, 03/03/2020		850,000		844,392
CNOOC Petroleum North America ULC 6.200%, 07/30/2019		120,000		121,198
Devon Energy Corp. 5.000%, 06/15/2045		485,000		508,830
Devon Financing Company LLC 7.875%, 09/30/2031		170,000		222,418
Enbridge, Inc. 3.700%, 07/15/2027		400,000		399,186
4.500%, 06/10/2044		400,000		404,347
Encana Corp. 6.500%, 08/15/2034		270,000		323,001
Energy Transfer Operating LP
6.125%, 12/15/2045		350,000		381,224
6.500%, 02/01/2042		50,000		55,621

Total Bond Market Trust (continued)
	Shares or Principal Amount		Value
CORPORATE BONDS (continued)
Energy (continued)
Ensco PLC 4.700%, 03/15/2021 (C)	$	360,000	$	342,000
Enterprise Products Operating LLC
4.850%, 08/15/2042		280,000		294,262
6.875%, 03/01/2033		130,000		167,068
EOG Resources, Inc. 4.100%, 02/01/2021		300,000		307,117
Exxon Mobil Corp. 2.397%, 03/06/2022		750,000		750,213
Kinder Morgan Energy Partners LP
4.300%, 05/01/2024		700,000		731,518
6.375%, 03/01/2041		60,000		69,581
6.500%, 09/01/2039		180,000		211,225
Kinder Morgan, Inc. 5.550%, 06/01/2045		375,000		410,417
Marathon Oil Corp. 3.850%, 06/01/2025		500,000		506,489
Noble Holding International, Ltd. 6.050%, 03/01/2041		50,000		31,250
Occidental Petroleum Corp. 4.100%, 02/01/2021		300,000		306,973
ONEOK Partners LP 6.650%, 10/01/2036		268,000		306,974
Petrobras Global Finance BV
4.375%, 05/20/2023 (C)		365,000		368,103
5.375%, 01/27/2021		400,000		411,500
Petroleos Mexicanos
4.875%, 01/18/2024		500,000		492,245
5.500%, 01/21/2021		320,000		325,440
6.625%, 06/15/2035		230,000		216,775
Shell International Finance BV
4.375%, 05/11/2045		1,000,000		1,094,408
6.375%, 12/15/2038		90,000		122,297
Southern Natural Gas Company LLC 4.400%, 06/15/2021		250,000		257,174
Suncor Energy, Inc. 5.950%, 05/15/2035		235,000		278,202
Sunoco Logistics Partners Operations LP 3.450%, 01/15/2023		170,000		170,760
The Williams Companies, Inc.
5.100%, 09/15/2045		400,000		411,743
5.250%, 03/15/2020		400,000		408,491
7.875%, 09/01/2021		190,000		210,016
Tosco Corp. 8.125%, 02/15/2030		383,000		529,849
Total Capital SA
4.125%, 01/28/2021		40,000		41,092
4.250%, 12/15/2021		60,000		62,517
TransCanada PipeLines, Ltd. 5.850%, 03/15/2036		405,000		462,142
Valero Energy Corp. 7.500%, 04/15/2032		270,000		344,897
				15,508,256
Financials – 7.8%
AEGON Funding Company LLC 5.750%, 12/15/2020		165,000		173,004
American Express Company 2.650%, 12/02/2022		345,000		343,152
American International Group, Inc.
4.125%, 02/15/2024		550,000		567,884
6.250%, 05/01/2036		430,000		494,200
Bank of America Corp.
2.625%, 10/19/2020		400,000		399,054
3.300%, 01/11/2023		800,000		810,493
4.450%, 03/03/2026		700,000		729,910

261

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (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. (continued) 7.750%, 05/14/2038	$	480,000	$	667,372
Bank of America Corp. (3.004% to 12-20-22, then 3 month LIBOR + 0.790%) 3.004%, 12/20/2023		386,000		384,988
Bank of America Corp. (3.419% to 12-20-27, then 3 month LIBOR + 1.040%) 3.419%, 12/20/2028		1,312,000		1,284,123
Bank of America Corp. (3.970% to 3-5-28, then 3 month LIBOR + 1.070%) 3.970%, 03/05/2029		500,000		510,628
Bank of America Corp. (4.443% to 1-20-47, then 3 month LIBOR + 1.990%) 4.443%, 01/20/2048		500,000		524,127
Barclays PLC 4.375%, 01/12/2026		500,000		502,419
Berkshire Hathaway Finance Corp. 4.250%, 01/15/2021		60,000		61,931
Berkshire Hathaway, Inc. 3.125%, 03/15/2026		500,000		505,494
Branch Banking & Trust Company 2.850%, 04/01/2021		500,000		500,829
Capital One Bank USA NA 3.375%, 02/15/2023		360,000		359,975
Capital One Financial Corp. 3.200%, 02/05/2025		2,000,000		1,959,125
Citigroup, Inc.
2.350%, 08/02/2021		500,000		494,243
2.400%, 02/18/2020		1,500,000		1,494,186
4.450%, 09/29/2027		500,000		514,353
5.500%, 09/13/2025		400,000		438,718
Citigroup, Inc. (4.281% to 4-24-47, then 3 month LIBOR + 1.839%) 4.281%, 04/24/2048		500,000		512,393
Cooperatieve Rabobank UA 4.500%, 01/11/2021		500,000		515,213
Credit Suisse AG 3.000%, 10/29/2021		750,000		753,323
Credit Suisse Group Funding Guernsey, Ltd.
3.450%, 04/16/2021		575,000		581,093
3.750%, 03/26/2025		250,000		252,050
Discover Financial Services 5.200%, 04/27/2022		120,000		126,896
European Investment Bank
1.750%, 06/17/2019		1,750,000		1,747,253
2.875%, 09/15/2020		700,000		704,487
GE Capital International Funding Company Unlimited Company 4.418%, 11/15/2035		822,000		761,709
HSBC Holdings PLC
2.950%, 05/25/2021		575,000		574,911
6.500%, 09/15/2037		660,000		821,156
HSBC USA, Inc. 2.350%, 03/05/2020		1,000,000		997,079
Inter-American Development Bank
1.875%, 03/15/2021		1,100,000		1,089,801
7.000%, 06/15/2025		325,000		399,944
International Bank for Reconstruction & Development 2.125%, 11/01/2020		1,300,000		1,294,946
JPMorgan Chase & Co.
3.300%, 04/01/2026		700,000		701,387
3.375%, 05/01/2023		500,000		505,348
3.875%, 02/01/2024		1,300,000		1,354,913

Total Bond Market Trust (continued)
	Shares or Principal Amount		Value
CORPORATE BONDS (continued)
Financials (continued)
JPMorgan Chase & Co. (continued)
4.350%, 08/15/2021	$	710,000	$	734,529
6.400%, 05/15/2038		125,000		162,389
JPMorgan Chase & Co. (3.509% to 1-23-28, then 3 month LIBOR + 0.945%) 3.509%, 01/23/2029		500,000		497,189
KeyCorp 5.100%, 03/24/2021		250,000		260,883
KfW 1.875%, 04/01/2019		1,000,000		1,000,000
Lincoln National Corp. 7.000%, 06/15/2040		150,000		198,998
MetLife, Inc. 4.600%, 05/13/2046		500,000		543,213
Moody’s Corp. 5.500%, 09/01/2020		60,000		62,257
Morgan Stanley
2.650%, 01/27/2020		300,000		299,670
2.800%, 06/16/2020		485,000		485,422
3.700%, 10/23/2024		950,000		967,106
4.100%, 05/22/2023		750,000		770,397
7.300%, 05/13/2019		110,000		110,567
Morgan Stanley (3.772% to 1-24-28, then 3 month LIBOR + 1.140%) 3.772%, 01/24/2029		550,000		553,648
Northern Trust Corp. 3.450%, 11/04/2020		300,000		304,287
PartnerRe Finance B LLC 5.500%, 06/01/2020		60,000		61,571
Prudential Financial, Inc. 5.375%, 06/21/2020		280,000		289,060
Raymond James Financial, Inc. 4.950%, 07/15/2046		600,000		635,732
Reinsurance Group of America, Inc. 5.000%, 06/01/2021		50,000		52,042
State Street Corp. 3.100%, 05/15/2023		250,000		253,652
Stifel Financial Corp. 4.250%, 07/18/2024		500,000		514,910
Sumitomo Mitsui Financial Group, Inc. 3.784%, 03/09/2026		550,000		568,302
The Allstate Corp. 3.280%, 12/15/2026		500,000		507,431
The Bank of New York Mellon Corp. 2.450%, 11/27/2020		450,000		448,024
The Bank of Nova Scotia 2.350%, 10/21/2020		400,000		398,567
The Goldman Sachs Group, Inc.
2.625%, 04/25/2021		600,000		597,510
3.500%, 01/23/2025		750,000		747,930
3.625%, 01/22/2023		500,000		508,820
3.750%, 02/25/2026		500,000		502,226
The Hartford Financial Services Group, Inc. 5.950%, 10/15/2036		170,000		202,919
The PNC Financial Services Group, Inc. 6.700%, 06/10/2019		310,000		312,282
The Toronto-Dominion Bank 1.800%, 07/13/2021		500,000		489,856
The Travelers Companies, Inc.
4.050%, 03/07/2048		300,000		308,466
5.900%, 06/02/2019		310,000		311,564
Thomson Reuters Corp. 4.500%, 05/23/2043		250,000		237,562

262

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Total Bond Market Trust (continued)
	Shares or Principal Amount		Value
CORPORATE BONDS (continued)
Financials (continued)
Travelers Property Casualty Corp. 7.750%, 04/15/2026	$	50,000	$	64,353
U.S. Bancorp 3.000%, 03/15/2022		600,000		606,181
Wells Fargo & Company 5.375%, 02/07/2035		1,500,000		1,752,109
Wells Fargo & Company, Series M 3.450%, 02/13/2023		750,000		758,354
Westpac Banking Corp. 2.000%, 08/19/2021		600,000		589,249
				46,083,337
Health care – 2.4%
Abbott Laboratories
2.950%, 03/15/2025		300,000		298,649
3.750%, 11/30/2026		283,000		294,046
AbbVie, Inc.
2.900%, 11/06/2022		500,000		498,906
3.200%, 05/14/2026		716,000		696,675
4.400%, 11/06/2042		260,000		241,684
Aetna, Inc. 3.500%, 11/15/2024		200,000		200,113
Agilent Technologies, Inc. 3.875%, 07/15/2023		250,000		258,170
Allergan Funding SCS
3.800%, 03/15/2025		861,000		872,543
4.750%, 03/15/2045 (C)		321,000		320,603
Amgen, Inc.
4.400%, 05/01/2045		260,000		256,383
4.663%, 06/15/2051		159,000		160,306
Anthem, Inc.
4.101%, 03/01/2028		350,000		360,590
4.650%, 08/15/2044		150,000		156,309
Bayer US Finance II LLC 2.850%, 04/15/2025 (D)		300,000		276,180
Becton, Dickinson and Company 3.250%, 11/12/2020		300,000		301,265
Biogen, Inc. 5.200%, 09/15/2045		500,000		531,335
Celgene Corp. 3.875%, 08/15/2025		600,000		615,936
Cigna Corp. 4.000%, 02/15/2022		280,000		287,818
CVS Health Corp.
3.875%, 07/20/2025		650,000		658,218
4.300%, 03/25/2028		500,000		507,805
Express Scripts Holding Company 6.125%, 11/15/2041		330,000		391,407
Gilead Sciences, Inc.
3.650%, 03/01/2026		600,000		612,367
4.500%, 04/01/2021		330,000		341,125
GlaxoSmithKline Capital, Inc. 6.375%, 05/15/2038		210,000		278,328
Humana, Inc. 3.850%, 10/01/2024		350,000		356,789
Johnson & Johnson 5.850%, 07/15/2038		285,000		373,697
Laboratory Corp. of America Holdings 4.625%, 11/15/2020		280,000		286,202
Life Technologies Corp. 5.000%, 01/15/2021		310,000		319,436
Merck & Company, Inc. 2.750%, 02/10/2025		850,000		851,713
Pfizer, Inc.
2.750%, 06/03/2026		713,000		703,826
4.400%, 05/15/2044		264,000		287,293

Total Bond Market Trust (continued)
	Shares or Principal Amount		Value
CORPORATE BONDS (continued)
Health care (continued)
Quest Diagnostics, Inc.
4.200%, 06/30/2029	$	500,000	$	516,070
4.700%, 03/30/2045		500,000		498,609
Thermo Fisher Scientific, Inc. 4.150%, 02/01/2024		350,000		365,937
UnitedHealth Group, Inc.
4.375%, 03/15/2042		50,000		53,308
5.800%, 03/15/2036		300,000		369,424
				14,399,065
Industrials – 1.7%
3M Company 3.000%, 08/07/2025		330,000		335,885
Baker Hughes, a GE Company, LLC 3.337%, 12/15/2027		500,000		486,581
Burlington Northern Santa Fe LLC
4.400%, 03/15/2042		50,000		53,520
4.700%, 10/01/2019		250,000		252,661
Canadian Pacific Railway Company 4.450%, 03/15/2023		300,000		313,088
Caterpillar, Inc. 3.400%, 05/15/2024		500,000		518,187
CSX Corp.
3.350%, 11/01/2025		420,000		423,503
3.700%, 10/30/2020		270,000		273,498
Emerson Electric Company
2.625%, 12/01/2021		250,000		250,145
4.875%, 10/15/2019		250,000		252,881
FedEx Corp. 3.875%, 08/01/2042		420,000		371,516
General Electric Company
4.500%, 03/11/2044		500,000		457,561
6.750%, 03/15/2032		66,000		76,306
6.875%, 01/10/2039		168,000		198,930
Ingersoll-Rand Global Holding Company, Ltd. 4.300%, 02/21/2048		600,000		599,260
John Deere Capital Corp. 1.700%, 01/15/2020		550,000		545,658
Norfolk Southern Corp. 4.837%, 10/01/2041		240,000		261,847
Northrop Grumman Corp. 3.500%, 03/15/2021		150,000		152,269
Precision Castparts Corp. 3.250%, 06/15/2025		500,000		512,577
Snap-on, Inc. 6.125%, 09/01/2021		310,000		334,490
The Boeing Company
1.650%, 10/30/2020		438,000		430,397
2.600%, 10/30/2025		438,000		427,281
8.750%, 09/15/2031		90,000		132,911
Union Pacific Corp.
3.250%, 08/15/2025		500,000		506,469
3.799%, 10/01/2051		313,000		294,410
4.000%, 02/01/2021		280,000		285,867
4.050%, 11/15/2045		500,000		487,420
United Technologies Corp. 6.125%, 07/15/2038		225,000		273,639
Verisk Analytics, Inc. 4.125%, 03/15/2029		600,000		615,777
				10,124,534
Information technology – 2.5%
Alphabet, Inc. 3.625%, 05/19/2021		320,000		328,386
Apple, Inc. 2.400%, 05/03/2023		800,000		792,639

263

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Total Bond Market Trust (continued)
	Shares or Principal Amount		Value
CORPORATE BONDS (continued)
Information technology (continued)
Apple, Inc. (continued)
2.450%, 08/04/2026	$	1,060,000	$	1,024,063
3.250%, 02/23/2026		500,000		509,225
Applied Materials, Inc.
2.625%, 10/01/2020		470,000		469,300
3.900%, 10/01/2025		470,000		494,550
5.100%, 10/01/2035		470,000		534,326
Automatic Data Processing, Inc. 3.375%, 09/15/2025		752,000		779,115
Baidu, Inc.
3.000%, 06/30/2020		250,000		249,865
4.125%, 06/30/2025		250,000		255,211
Cisco Systems, Inc. 5.900%, 02/15/2039		80,000		105,248
Fiserv, Inc. 2.700%, 06/01/2020		250,000		249,733
HP, Inc. 3.750%, 12/01/2020		49,000		49,828
IBM Corp.
3.450%, 02/19/2026		1,115,000		1,132,755
4.000%, 06/20/2042		210,000		206,287
5.600%, 11/30/2039		21,000		25,287
Intel Corp. 2.700%, 12/15/2022		690,000		694,343
Leidos Holdings, Inc. 4.450%, 12/01/2020		300,000		304,500
Microsoft Corp.
2.000%, 11/03/2020		438,000		434,950
3.125%, 11/03/2025		438,000		448,453
3.750%, 05/01/2043		500,000		511,948
4.250%, 02/06/2047		600,000		670,193
4.450%, 11/03/2045		438,000		499,371
Oracle Corp.
2.400%, 09/15/2023		435,000		428,189
2.650%, 07/15/2026		310,000		299,969
2.950%, 05/15/2025		550,000		549,647
4.125%, 05/15/2045		500,000		511,021
QUALCOMM, Inc. 3.450%, 05/20/2025		500,000		503,991
Visa, Inc.
2.200%, 12/14/2020		463,000		460,925
3.150%, 12/14/2025		463,000		471,156
4.300%, 12/14/2045		463,000		511,904
Xerox Corp. 6.750%, 12/15/2039		60,000		56,850
				14,563,228
Materials – 1.0%
E.I. du Pont de Nemours & Company 3.625%, 01/15/2021		180,000		183,650
Eastman Chemical Company 4.650%, 10/15/2044		500,000		490,175
Freeport-McMoRan, Inc. 3.875%, 03/15/2023		500,000		492,805
Huntsman International LLC 4.500%, 05/01/2029		500,000		498,334
International Paper Company 5.000%, 09/15/2035		500,000		523,520
Newmont Mining Corp. 4.875%, 03/15/2042		270,000		283,269
Potash Corp. of Saskatchewan, Inc. 5.625%, 12/01/2040		150,000		161,334
PPG Industries, Inc. 3.600%, 11/15/2020		300,000		304,264
Praxair, Inc. 2.450%, 02/15/2022		240,000		240,035

Total Bond Market Trust (continued)
	Shares or Principal Amount		Value
CORPORATE BONDS (continued)
Materials (continued)
Rio Tinto Alcan, Inc. 6.125%, 12/15/2033	$	100,000	$	127,279
Rio Tinto Finance USA PLC 4.750%, 03/22/2042		270,000		305,069
Rio Tinto Finance USA, Ltd.
3.750%, 06/15/2025		485,000		509,180
5.200%, 11/02/2040		250,000		298,381
Teck Resources, Ltd.
4.500%, 01/15/2021		17,000		17,249
6.250%, 07/15/2041		270,000		288,415
The Dow Chemical Company
4.375%, 11/15/2042		590,000		563,933
9.400%, 05/15/2039		130,000		197,941
Vale Overseas, Ltd. 6.875%, 11/10/2039		350,000		400,750
				5,885,583
Real estate – 0.7%
American Tower Corp. 5.000%, 02/15/2024		500,000		539,911
Boston Properties LP 4.125%, 05/15/2021		300,000		307,299
Crown Castle International Corp. 3.700%, 06/15/2026		400,000		399,052
Essex Portfolio LP 5.200%, 03/15/2021		60,000		62,154
HCP, Inc. 3.875%, 08/15/2024		400,000		407,885
Mid-America Apartments LP 3.950%, 03/15/2029		800,000		813,641
Simon Property Group LP
3.375%, 06/15/2027		500,000		504,047
3.500%, 09/01/2025		441,500		451,279
SL Green Operating Partnership LP 3.250%, 10/15/2022		500,000		498,037
Welltower, Inc. 4.950%, 01/15/2021		320,000		329,750
Weyerhaeuser Company 4.700%, 03/15/2021		150,000		154,212
				4,467,267
Utilities – 1.6%
Berkshire Hathaway Energy Company
4.500%, 02/01/2045		500,000		532,478
6.125%, 04/01/2036		436,000		548,660
CenterPoint Energy Resources Corp. 4.500%, 01/15/2021		246,000		252,212
Dominion Energy, Inc.
3.900%, 10/01/2025		242,000		249,839
5.200%, 08/15/2019		110,000		110,927
Duke Energy Carolinas LLC 6.000%, 01/15/2038		200,000		255,593
Duke Energy Corp. 3.750%, 04/15/2024		500,000		515,865
4.800%, 12/15/2045		500,000		542,470
Entergy Corp. 5.125%, 09/15/2020		310,000		316,660
Exelon Corp.
3.400%, 04/15/2026		542,000		541,701
5.150%, 12/01/2020		310,000		319,617
Exelon Generation Company LLC 6.250%, 10/01/2039		160,000		177,824
Florida Power & Light Company 5.650%, 02/01/2037		290,000		359,066
Georgia Power Company 5.950%, 02/01/2039		335,000		384,313

264

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Total Bond Market Trust (continued)
	Shares or Principal Amount		Value
CORPORATE BONDS (continued)
Utilities (continued)
Hydro-Quebec 8.400%, 01/15/2022	$	250,000	$	287,415
Indiana Michigan Power Company 6.050%, 03/15/2037		187,000		229,749
Oncor Electric Delivery Company LLC 7.500%, 09/01/2038		188,000		278,631
Pacific Gas & Electric Company
3.500%, 10/01/2020 (E)		60,000		55,200
6.050%, 03/01/2034 (E)		454,000		450,595
PacifiCorp 6.000%, 01/15/2039		335,000		424,305
Pennsylvania Electric Company 5.200%, 04/01/2020		300,000		306,032
PPL Capital Funding, Inc. 3.400%, 06/01/2023		250,000		251,803
PPL WEM, Ltd. 5.375%, 05/01/2021 (D)		60,000		61,951
Progress Energy, Inc. 4.400%, 01/15/2021		305,000		312,347
Public Service Electric & Gas Company 3.000%, 05/15/2025		250,000		250,508
San Diego Gas & Electric Company 6.125%, 09/15/2037		202,000		238,671
Southern California Edison Company 5.350%, 07/15/2035		130,000		139,090
The Southern Company 3.250%, 07/01/2026		572,000		561,235
Virginia Electric & Power Company
3.450%, 09/01/2022		50,000		50,885
8.875%, 11/15/2038		190,000		300,050
				9,305,692
TOTAL CORPORATE BONDS (Cost $140,228,248)			$	149,555,931
MUNICIPAL BONDS – 0.8%
Bay Area Toll Authority (California) 6.907%, 10/01/2050		50,000		76,459
Illinois State Toll Highway Authority 6.184%, 01/01/2034		150,000		193,244
Maryland State Transportation Authority 5.888%, 07/01/2043		60,000		77,300
Metropolitan Washington Airports Authority Dulles Toll Road 7.462%, 10/01/2046		40,000		60,349
New Jersey Turnpike Authority 7.102%, 01/01/2041		90,000		131,227
New York State Dormitory Authority 5.628%, 03/15/2039		340,000		409,955
New York State Urban Development Corp. 5.770%, 03/15/2039		300,000		357,366
State of California
7.300%, 10/01/2039		400,000		578,812
7.500%, 04/01/2034		80,000		115,492
State of Illinois, GO
5.100%, 06/01/2033		115,000		113,001
7.350%, 07/01/2035		280,000		318,144
State of Texas 5.517%, 04/01/2039		260,000		331,313
State of Utah
3.539%, 07/01/2025		390,000		403,798
4.554%, 07/01/2024		260,000		275,023
State of Washington 5.481%, 08/01/2039		260,000		322,174

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	$	364,160
University of California 5.770%, 05/15/2043		320,000		407,462
TOTAL MUNICIPAL BONDS (Cost $3,795,678)			$	4,535,279
COLLATERALIZED MORTGAGE OBLIGATIONS – 2.7%
Commercial and residential – 2.0%
Banc of America Commercial Mortgage Trust Series 2015-UBS7, Class A4 3.705%, 09/15/2048		145,000		150,202
BANK Series 2017-BNK6, Class A4 3.254%, 07/15/2060		2,000,000		2,009,411
Commercial Mortgage Trust (Cantor Fitzgerald/Deutsche Bank AG)
Series 2012-CR3, Class A3, 2.822%, 10/15/2045		490,106		487,829
Series 2012-CR5, Class A4, 2.771%, 12/10/2045		179,000		179,074
Series 2014-CR14, Class A3, 3.955%, 02/10/2047		1,000,000		1,043,747
Series 2014-CR21, Class A3, 3.528%, 12/10/2047		700,000		719,397
GS Mortgage Securities Trust
Series 2016-GS4, Class A3, 3.178%, 11/10/2049		3,000,000		3,019,627
Series 2017-GS5, Class A3, 3.409%, 03/10/2050		3,000,000		3,056,538
JPMBB Commercial Mortgage Securities Trust Series 2013-C14, Class A4 4.133%, 08/15/2046 (F)		400,000		419,902
JPMorgan Chase Commercial Mortgage Securities Trust Series 2013-C16, Class A4 4.166%, 12/15/2046		500,000		527,107
Morgan Stanley Bank of America Merrill Lynch Trust Series 2013-C7, Class A4 2.918%, 02/15/2046		240,000		240,826
Morgan Stanley Capital I Trust Series 2011-C1, Class A4 5.033%, 09/15/2047 (D)(F)		171,439		175,722
				12,029,382
U.S. Government Agency – 0.7%
Federal Home Loan Mortgage Corp.
Series K005, Class A2, 4.317%, 11/25/2019		700,000		702,602
Series K013, Class A2, 3.974%, 01/25/2021 (F)		700,000		714,628
Series K041, Class A2, 3.171%, 10/25/2024		700,000		717,440
Series K047, Class A2, 3.329%, 05/25/2025 (F)		700,000		723,793
Series K050, Class A2, 3.334%, 08/25/2025 (F)		700,000		724,197
Series K712, Class A2, 1.869%, 11/25/2019		550,390		547,357
				4,130,017
TOTAL COLLATERALIZED MORTGAGE OBLIGATIONS (Cost $16,568,677)			$	16,159,399

265

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Total Bond Market Trust (continued)
	Shares or
	Principal
	Amount		Value
SECURITIES LENDING COLLATERAL – 0.4%
John Hancock Collateral Trust, 2.6031% (G)(H)		266,846	$	2,670,275
TOTAL SECURITIES LENDING COLLATERAL (Cost $2,670,350)			$	2,670,275
SHORT-TERM INVESTMENTS – 10.3%
Money market funds – 10.3%
State Street Institutional U.S. Government Money Market Fund, Premier Class, 2.3851% (G)		60,774,289		60,774,289
TOTAL SHORT-TERM INVESTMENTS (Cost $60,774,289)			$	60,774,289
Total Investments (Total Bond Market Trust) (Cost $635,679,033) – 109.3%			$	645,809,580
Other assets and liabilities, net – (9.3%)				(54,791,620	)
TOTAL NET ASSETS – 100.0%			$	591,017,960

Security Abbreviations and Legend
CMT	Constant Maturity Treasury
GO	General Obligation
LIBOR	London Interbank Offered 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)	Variable rate obligation. The coupon rate shown represents the rate at period end.
(C)	All or a portion of this security is on loan as of 3-31-19. The value of securities on loan amounted to $2,610,765.
(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)	Non-income producing - Issuer is in default.
(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 3-31-19.
(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 – 98.3%
Communication services – 9.6%
Diversified telecommunication services – 1.6%
AT&T, Inc.		172,252	$	5,401,823
ATN International, Inc.		448		25,263
Bandwidth, Inc., Class A (A)		412		27,588
CenturyLink, Inc.		25,931		310,913
Cincinnati Bell, Inc. (A)		1,374		13,108
Cogent Communications Holdings, Inc.		1,087		58,970
Consolidated Communications Holdings, Inc.		1,962		21,405
Frontier Communications Corp. (A)(B)		2,191		4,360
Globalstar, Inc. (A)		33,131		14,246
IDT Corp., Class B (A)		667		4,429
Iridium Communications, Inc. (A)		2,692		71,176
Ooma, Inc. (A)		105		1,390
ORBCOMM, Inc. (A)		2,046		13,872

Total Stock Market Index Trust (continued)
	Shares or
	Principal
	Amount		Value
COMMON STOCKS (continued)
Diversified telecommunication services (continued)
Verizon Communications, Inc.		97,763	$	5,780,726
Vonage Holdings Corp. (A)		5,496		55,180
Windstream Holdings, Inc. (A)		1,087		326
Zayo Group Holdings, Inc. (A)		5,771		164,012
				11,968,787
Entertainment – 1.6%
Activision Blizzard, Inc.		18,139		825,869
AMC Entertainment Holdings, Inc., Class A		3,117		46,287
Cinemark Holdings, Inc.		2,805		112,172
Electronic Arts, Inc. (A)		7,188		730,516
Global Eagle Entertainment, Inc. (A)		2,583		1,832
Glu Mobile, Inc. (A)		3,676		40,215
Liberty Media Corp.-Liberty Braves, Class A (A)		1,032		28,834
Liberty Media Corp.-Liberty Formula One, Series A (A)		5,787		196,989
Lions Gate Entertainment Corp., Class B		5,304		80,090
Live Nation Entertainment, Inc. (A)		4,983		316,620
LiveXLive Media, Inc. (A)(B)		1,119		6,020
Netflix, Inc. (A)		10,351		3,690,753
Reading International, Inc., Class A (A)		725		11,571
Rosetta Stone, Inc. (A)		782		17,087
Take-Two Interactive Software, Inc. (A)		2,765		260,933
The Madison Square Garden Company, Class A (A)		561		164,446
The Marcus Corp.		791		31,680
The Walt Disney Company		43,390		4,817,592
Viacom, Inc., Class B		9,347		262,370
World Wrestling Entertainment, Inc., Class A		1,889		163,927
Zynga, Inc., Class A (A)		21,673		115,517
				11,921,320
Interactive media and services – 4.5%
Actua Corp. (A)(C)		909		692
Alphabet, Inc., Class C (A)		16,467		19,320,896
ANGI Homeservices, Inc., Class A (A)		11,863		183,165
Care.com, Inc. (A)		813		16,065
Cargurus, Inc. (A)		2,747		110,045
Cars.com, Inc. (A)		1,689		38,509
DHI Group, Inc. (A)		3,230		7,849
Eventbrite, Inc., Class A (A)(B)		1,590		30,480
Facebook, Inc., Class A (A)		68,074		11,347,255
InterActiveCorp (A)		1,975		414,967
Liberty TripAdvisor Holdings, Inc., Class A (A)		2,003		28,423
Match Group, Inc. (B)		6,691		378,778
QuinStreet, Inc. (A)		1,259		16,858
Rhythmone PLC (A)		96		212
Snap, Inc., Class A (A)		21,983		242,253
The Meet Group, Inc. (A)		2,247		11,302
TripAdvisor, Inc. (A)		3,026		155,688
TrueCar, Inc. (A)		2,691		17,868
Twitter, Inc. (A)		18,121		595,818
Yelp, Inc. (A)		2,060		71,070
Zillow Group, Inc., Class C (A)		4,748		164,946
				33,153,139
Media – 1.6%
Altice USA, Inc., Class A		17,286		371,303
AMC Networks, Inc., Class A (A)		1,354		76,853
Beasley Broadcast Group, Inc., Class A		797		3,172
Cable One, Inc.		145		142,300
CBS Corp., Class B		8,845		420,403

266

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Total Stock Market Index Trust (continued)
	Shares or Principal Amount		Value
COMMON STOCKS (continued)
Media (continued)
Charter Communications, Inc., Class A (A)		5,454	$	1,892,047
Clear Channel Outdoor Holdings, Inc., Class A (A)		9,421		50,402
Comcast Corp., Class A		107,726		4,306,885
comScore, Inc. (A)		1,582		32,036
Discovery, Inc., Series A (A)(B)		10,680		288,574
Discovery, Inc., Series C (A)		326		8,287
DISH Network Corp., Class A (A)		11,144		353,153
Emerald Expositions Events, Inc.		1,991		25,286
Entercom Communications Corp., Class A		1,117		5,864
Entravision Communications Corp., Class A		2,537		8,220
Fox Corp., Class A (A)		14,638		537,361
Gannett Company, Inc.		3,172		33,433
GCI Liberty, Inc., Class A (A)		2,556		142,139
Gray Television, Inc. (A)		1,979		42,271
Hemisphere Media Group, Inc. (A)		1,208		17,033
John Wiley & Sons, Inc., Class A		1,378		60,935
Lee Enterprises, Inc. (A)		44		145
Liberty Broadband Corp., Series A (A)		4,395		402,758
Liberty Media Corp.-Liberty SiriusXM, Series A (A)		7,590		289,786
Loral Space & Communications, Inc. (A)		594		21,414
Marchex, Inc., Class B (A)		198		937
Media General, Inc. (A)(C)		3,256		313
Meredith Corp. (B)		1,079		59,626
MSG Networks, Inc., Class A (A)		1,826		39,716
National CineMedia, Inc.		1,815		12,796
New Media Investment Group, Inc.		1,502		15,771
News Corp., Class A		13,997		174,123
Nexstar Media Group, Inc., Class A		1,172		127,010
Omnicom Group, Inc.		5,273		384,876
Saga Communications, Inc., Class A		170		5,642
Salem Media Group, Inc.		1,184		3,025
Scholastic Corp.		809		32,166
Sinclair Broadcast Group, Inc., Class A		2,369		91,159
Sirius XM Holdings, Inc. (B)		115,854		656,892
TechTarget, Inc. (A)		758		12,333
TEGNA, Inc.		5,315		74,942
The EW Scripps Company, Class A		2,273		47,733
The Interpublic Group of Companies, Inc.		9,172		192,704
The New York Times Company, Class A		4,013		131,827
Townsquare Media, Inc., Class A		744		4,256
WideOpenWest, Inc. (A)		2,475		22,523
				11,622,430
Wireless telecommunication services – 0.3%
Boingo Wireless, Inc. (A)		1,089		25,352
Gogo, Inc. (A)(B)		2,408		10,812
NII Holdings, Inc. (A)		1,526		2,991
Shenandoah Telecommunications Company		1,344		59,620
Spok Holdings, Inc.		544		7,409
Sprint Corp. (A)		96,885		547,400
Telephone & Data Systems, Inc.		2,724		83,709
T-Mobile US, Inc. (A)		20,075		1,387,183
United States Cellular Corp. (A)		2,002		91,912
				2,216,388
				70,882,064
Consumer discretionary – 10.4%
Auto components – 0.2%
ADOMANI, Inc. (A)		1,883		729

Total Stock Market Index Trust (continued)
	Shares or Principal Amount		Value
COMMON STOCKS (continued)
Auto components (continued)
American Axle & Manufacturing Holdings, Inc. (A)		2,564	$	36,691
Autoliv, Inc.		2,058		151,325
BorgWarner, Inc.		4,873		187,172
Cooper Tire & Rubber Company		1,198		35,808
Dana, Inc.		3,682		65,319
Dorman Products, Inc. (A)		834		73,467
Fox Factory Holding Corp. (A)		1,019		71,218
Gentex Corp.		6,050		125,114
Gentherm, Inc. (A)		1,021		37,634
Horizon Global Corp. (A)		693		1,344
LCI Industries		621		47,705
Lear Corp.		1,460		198,137
Modine Manufacturing Company (A)		1,377		19,099
Motorcar Parts of America, Inc. (A)		518		9,775
Shiloh Industries, Inc. (A)		768		4,224
Standard Motor Products, Inc.		472		23,175
Stoneridge, Inc. (A)		780		22,511
Strattec Security Corp.		18		529
Superior Industries International, Inc.		698		3,322
Tenneco, Inc., Class A		1,320		29,251
The Goodyear Tire & Rubber Company		5,226		94,852
Tower International, Inc.		572		12,029
Veoneer, Inc. (A)(B)		2,142		48,988
Visteon Corp. (A)		677		45,596
VOXX International Corp. (A)		1,157		5,345
				1,350,359
Automobiles – 0.5%
Ford Motor Company		93,967		825,030
General Motors Company		33,243		1,233,315
Harley-Davidson, Inc.		3,892		138,789
Tesla, Inc. (A)		4,083		1,142,668
Thor Industries, Inc.		1,301		81,143
Winnebago Industries, Inc.		850		26,478
				3,447,423
Distributors – 0.1%
Core-Mark Holding Company, Inc.		1,276		47,378
Funko, Inc., Class A (A)(B)		1,206		26,194
Genuine Parts Company		3,402		381,126
LKQ Corp. (A)		7,636		216,710
Pool Corp.		964		159,031
Weyco Group, Inc.		306		9,474
				839,913
Diversified consumer services – 0.2%
Adtalem Global Education, Inc. (A)		1,362		63,088
American Public Education, Inc. (A)		452		13,614
Ascent Capital Group, Inc., Class A (A)		601		452
Bridgepoint Education, Inc. (A)		803		4,906
Bright Horizons Family Solutions, Inc. (A)		1,391		176,810
Career Education Corp. (A)		1,900		31,388
Carriage Services, Inc.		454		8,740
Chegg, Inc. (A)		2,880		109,786
Collectors Universe, Inc.		319		5,589
frontdoor, Inc. (A)		1,666		57,344
Graham Holdings Company, Class B		115		78,566
Grand Canyon Education, Inc. (A)		1,157		132,488
H&R Block, Inc.		4,885		116,947
Houghton Mifflin Harcourt Company (A)		3,437		24,987
ITT Educational Services, Inc. (A)		608		0
K12, Inc. (A)		1,107		37,782
Laureate Education, Inc., Class A (A)		4,617		69,116
Regis Corp. (A)		1,290		25,374
Service Corp. International		4,330		173,850

267

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Total Stock Market Index Trust (continued)
	Shares or Principal Amount		Value
COMMON STOCKS (continued)
Diversified consumer services (continued)
ServiceMaster Global Holdings, Inc. (A)		3,154	$	147,292
Sotheby’s (A)		1,279		48,282
StoneMor Partners LP (A)		1,314		4,954
Strategic Education, Inc.		503		66,049
Weight Watchers International, Inc. (A)		1,634		32,925
				1,430,329
Hotels, restaurants and leisure – 2.1%
Ambassadors Group, Inc. (A)(C)		714		29
Aramark		5,940		175,527
Biglari Holdings, Inc., Class A (A)		5		3,677
Biglari Holdings, Inc., Class B (A)		58		8,199
BJ’s Restaurants, Inc.		458		21,654
Bloomin’ Brands, Inc.		2,203		45,051
Bluegreen Vacations Corp. (B)		1,967		29,230
Boyd Gaming Corp.		2,876		78,687
Brinker International, Inc.		995		44,158
Caesars Entertainment Corp. (A)		16,268		141,369
Carnival Corp.		12,375		627,660
Carrols Restaurant Group, Inc. (A)		1,021		10,179
Cedar Fair LP		1,361		71,616
Century Casinos, Inc. (A)		941		8,525
Chipotle Mexican Grill, Inc. (A)		656		465,963
Choice Hotels International, Inc.		1,366		106,193
Churchill Downs, Inc.		1,035		93,419
Chuy’s Holdings, Inc. (A)		463		10,543
Cracker Barrel Old Country Store, Inc.		560		90,502
Darden Restaurants, Inc.		2,889		350,927
Dave & Buster’s Entertainment, Inc.		952		47,476
Del Frisco’s Restaurant Group, Inc. (A)		625		4,006
Denny’s Corp. (A)		1,378		25,286
Dine Brands Global, Inc.		499		45,554
Domino’s Pizza, Inc.		1,003		258,874
Drive Shack, Inc. (A)		2,101		9,433
Dunkin’ Brands Group, Inc.		1,979		148,623
El Pollo Loco Holdings, Inc. (A)		1,113		14,480
Empire Resorts, Inc. (A)		878		8,824
Extended Stay America, Inc.		4,854		87,129
Fiesta Restaurant Group, Inc. (A)		753		9,872
Golden Entertainment, Inc. (A)		617		8,737
Hilton Grand Vacations, Inc. (A)		2,518		77,680
Hilton Worldwide Holdings, Inc.		6,950		577,615
Hyatt Hotels Corp., Class A		2,535		183,965
Inspired Entertainment, Inc. (A)		637		4,246
International Speedway Corp., Class A		1,065		46,466
J Alexander’s Holdings, Inc. (A)		735		7,218
Jack in the Box, Inc.		634		51,392
Las Vegas Sands Corp.		18,551		1,130,869
Marriott International, Inc., Class A		8,107		1,014,105
Marriott Vacations Worldwide Corp.		1,104		103,224
McDonald’s Corp.		18,226		3,461,117
MGM Resorts International		12,588		323,008
Monarch Casino & Resort, Inc. (A)		484		21,257
Nathan’s Famous, Inc.		120		8,208
Noodles & Company (A)		483		3,284
Norwegian Cruise Line Holdings, Ltd. (A)		5,237		287,826
Papa John’s International, Inc. (B)		860		45,537
Penn National Gaming, Inc. (A)		2,961		59,516
Planet Fitness, Inc., Class A (A)		2,442		167,814
Potbelly Corp. (A)		696		5,923
RCI Hospitality Holdings, Inc.		282		6,478
Red Lion Hotels Corp. (A)		891		7,199
Red Robin Gourmet Burgers, Inc. (A)		348		10,026
Red Rock Resorts, Inc., Class A		2,945		76,128
Restaurant Brands International LP		82		5,332

Total Stock Market Index Trust (continued)
	Shares or Principal Amount		Value
COMMON STOCKS (continued)
Hotels, restaurants and leisure (continued)
Royal Caribbean Cruises, Ltd.		4,928	$	564,788
Ruth’s Hospitality Group, Inc.		825		21,112
Scientific Games Corp. (A)		2,295		46,864
SeaWorld Entertainment, Inc. (A)		2,060		53,066
Shake Shack, Inc., Class A (A)		1,005		59,446
Six Flags Entertainment Corp.		2,011		99,243
Speedway Motorsports, Inc.		1,148		16,612
Starbucks Corp.		29,408		2,186,191
Texas Roadhouse, Inc.		1,683		104,666
The Cheesecake Factory, Inc. (B)		1,116		54,595
The Habit Restaurants, Inc., Class A (A)		714		7,725
The Wendy’s Company		5,750		102,868
Town Sports International Holdings, Inc. (A)		1,108		5,274
Vail Resorts, Inc.		987		214,475
Wingstop, Inc.		647		49,191
Wyndham Destinations, Inc.		2,455		99,403
Wyndham Hotels & Resorts, Inc.		2,455		122,725
Wynn Resorts, Ltd.		2,625		313,215
Yum! Brands, Inc.		7,408		739,392
				15,597,686
Household durables – 0.4%
Bassett Furniture Industries, Inc.		298		4,890
Beazer Homes USA, Inc. (A)		924		10,635
Cavco Industries, Inc. (A)		196		23,036
Century Communities, Inc. (A)		749		17,954
CSS Industries, Inc.		262		1,569
D.R. Horton, Inc.		8,894		368,034
Ethan Allen Interiors, Inc.		740		14,156
Flexsteel Industries, Inc.		230		5,334
GoPro, Inc., Class A (A)		3,979		25,864
Green Brick Partners, Inc. (A)		1,360		11,900
Hamilton Beach Brands Holding Company, Class A		354		7,597
Hamilton Beach Brands Holding Company, Class B		241		5,172
Helen of Troy, Ltd. (A)		668		77,461
Hooker Furniture Corp.		321		9,254
Hovnanian Enterprises, Inc., Class A (A)		168		1,841
Installed Building Products, Inc. (A)		869		42,147
iRobot Corp. (A)(B)		754		88,738
KB Home		2,322		56,123
La-Z-Boy, Inc.		1,067		35,200
Leggett & Platt, Inc.		3,109		131,262
Lennar Corp., A Shares		5,860		287,667
Lennar Corp., B Shares		177		6,924
Libbey, Inc. (A)		811		2,303
Lifetime Brands, Inc.		408		3,856
M/I Homes, Inc. (A)		682		18,155
MDC Holdings, Inc.		1,378		40,045
Meritage Homes Corp. (A)		941		42,072
Mohawk Industries, Inc. (A)		1,765		222,655
Newell Brands, Inc.		11,276		172,974
NVR, Inc. (A)		85		235,195
PulteGroup, Inc.		6,543		182,942
Roku, Inc. (A)		2,508		161,791
Skyline Champion Corp.		928		17,632
Sonos, Inc. (A)		885		9,107
Taylor Morrison Home Corp., Class A (A)		3,201		56,818
Tempur Sealy International, Inc. (A)		1,354		78,085
The New Home Company, Inc. (A)		680		3,237
Toll Brothers, Inc.		3,461		125,288
TopBuild Corp. (A)		858		55,616
TRI Pointe Group, Inc. (A)		3,712		46,920

268

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Total Stock Market Index Trust (continued)
	Shares or Principal Amount		Value
COMMON STOCKS (continued)
Household durables (continued)
Tupperware Brands Corp.		1,242	$	31,770
Universal Electronics, Inc. (A)		411		15,269
Whirlpool Corp.		1,513		201,063
William Lyon Homes, Class A (A)		866		13,310
ZAGG, Inc. (A)		759		6,884
				2,975,745
Internet and direct marketing retail – 3.4%
1-800-Flowers.com, Inc., Class A (A)		1,804		32,887
Amazon.com, Inc. (A)		11,584		20,628,208
Blue Apron Holdings, Inc., Class A (A)		5,231		5,126
Booking Holdings, Inc. (A)		1,098		1,915,911
Duluth Holdings, Inc., Class B (A)		791		18,857
eBay, Inc.		22,722		843,895
Etsy, Inc. (A)		2,997		201,458
Expedia Group, Inc.		3,550		422,450
Gaia, Inc. (A)		625		5,719
Groupon, Inc. (A)		13,736		48,763
GrubHub, Inc. (A)		2,159		149,986
Lands’ End, Inc. (A)		910		15,115
Leaf Group, Ltd. (A)		817		6,552
Liberty Expedia Holdings, Inc., Series A (A)		1,329		56,881
Liquidity Services, Inc. (A)		1,292		9,961
Overstock.com, Inc. (A)(B)		682		11,335
PetMed Express, Inc. (B)		556		12,666
Quotient Technology, Inc. (A)		2,524		24,912
Qurate Retail, Inc. (A)		10,610		169,548
Remark Holdings, Inc. (A)		795		1,471
Shutterfly, Inc. (A)		806		32,756
Shutterstock, Inc.		951		44,345
Stamps.com, Inc. (A)		429		34,925
Stitch Fix, Inc., Class A (A)		2,477		69,926
Wayfair, Inc., Class A (A)		2,161		320,800
				25,084,453
Leisure products – 0.1%
Acushnet Holdings Corp.		1,758		40,680
American Outdoor Brands Corp. (A)		1,471		13,739
Brunswick Corp.		2,000		100,660
Callaway Golf Company		2,559		40,765
Clarus Corp.		1,048		13,425
Escalade, Inc.		562		6,278
Hasbro, Inc.		3,048		259,141
Johnson Outdoors, Inc., Class A		271		19,339
Malibu Boats, Inc., Class A (A)		547		21,650
Marine Products Corp.		951		12,810
MasterCraft Boat Holdings, Inc. (A)		506		11,420
Mattel, Inc. (A)(B)		8,453		109,889
Nautilus, Inc. (A)		835		4,643
Polaris Industries, Inc.		1,484		125,294
Sturm Ruger & Company, Inc.		478		25,344
Vista Outdoor, Inc. (A)		1,584		12,688
YETI Holdings, Inc. (A)(B)		437		13,219
				830,984
Multiline retail – 0.4%
Big Lots, Inc.		1,051		39,959
Dillard’s, Inc., Class A (B)		669		48,181
Dollar General Corp.		6,254		746,102
Dollar Tree, Inc. (A)		5,625		590,850
Fred’s, Inc., Class A (A)		1,436		3,547
J.C. Penney Company, Inc. (A)(B)		8,635		12,866
Kohl’s Corp.		3,939		270,885
Macy’s, Inc.		7,191		172,800
Nordstrom, Inc.		3,966		176,011
Ollie’s Bargain Outlet Holdings, Inc. (A)		1,527		130,299

Total Stock Market Index Trust (continued)
	Shares or Principal Amount		Value
COMMON STOCKS (continued)
Multiline retail (continued)
Sears Holdings Corp. (A)		3,034	$	2,257
Target Corp.		12,328		989,445
				3,183,202
Specialty retail – 2.2%
Aaron’s, Inc.		1,720		90,472
Abercrombie & Fitch Company, Class A		1,851		50,736
Advance Auto Parts, Inc.		1,722		293,653
American Eagle Outfitters, Inc.		4,414		97,858
America’s Car-Mart, Inc. (A)		206		18,816
Asbury Automotive Group, Inc. (A)		460		31,906
Ascena Retail Group, Inc. (A)		5,700		6,156
At Home Group, Inc. (A)		1,458		26,040
AutoNation, Inc. (A)		2,046		73,083
AutoZone, Inc. (A)		602		616,520
Barnes & Noble Education, Inc. (A)		1,290		5,418
Barnes & Noble, Inc.		1,984		10,773
Bed Bath & Beyond, Inc.		3,074		52,227
Best Buy Company, Inc.		6,485		460,824
Big 5 Sporting Goods Corp.		98		312
Boot Barn Holdings, Inc. (A)		444		13,071
Burlington Stores, Inc. (A)		1,597		250,218
Caleres, Inc.		1,169		28,863
Camping World Holdings, Inc., Class A (B)		2,166		30,129
CarMax, Inc. (A)		4,113		287,087
Carvana Company (A)(B)		3,206		186,140
Chico’s FAS, Inc.		3,502		14,954
Citi Trends, Inc.		385		7,434
Conn’s, Inc. (A)		845		19,317
Dick’s Sporting Goods, Inc.		2,324		85,546
DSW, Inc., Class A		1,858		41,285
Express, Inc. (A)		2,151		9,206
Five Below, Inc. (A)		1,324		164,507
Floor & Decor Holdings, Inc., Class A (A)		2,420		99,752
Foot Locker, Inc.		2,715		164,529
Francesca’s Holdings Corp. (A)		1,127		762
GameStop Corp., Class A (B)		2,745		27,889
Genesco, Inc. (A)		539		24,551
GNC Holdings, Inc., Class A (A)(B)		1,935		5,283
Group 1 Automotive, Inc.		447		28,921
Guess?, Inc.		1,939		38,004
Haverty Furniture Companies, Inc.		576		12,603
Hibbett Sports, Inc. (A)		587		13,389
Hudson, Ltd., Class A (A)		1,173		16,129
J. Jill, Inc.		590		3,239
Kirkland’s, Inc. (A)		654		4,598
L Brands, Inc.		6,542		180,428
Lithia Motors, Inc., Class A		533		49,436
Lowe’s Companies, Inc.		19,060		2,086,498
Lumber Liquidators Holdings, Inc. (A)		773		7,807
MarineMax, Inc. (A)		639		12,243
Monro, Inc.		769		66,534
Murphy USA, Inc. (A)		757		64,814
National Vision Holdings, Inc. (A)		1,884		59,214
Office Depot, Inc.		14,200		51,546
O’Reilly Automotive, Inc. (A)		1,891		734,275
Party City Holdco, Inc. (A)		2,586		20,533
Penske Automotive Group, Inc.		2,035		90,863
Pier 1 Imports, Inc. (A)		2,309		1,763
Rent-A-Center, Inc. (A)		1,478		30,846
RH (A)(B)		575		59,196
Ross Stores, Inc.		8,807		819,932
RTW RetailWinds, Inc. (A)		1,113		2,671
Sally Beauty Holdings, Inc. (A)		2,812		51,769

269

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Total Stock Market Index Trust (continued)
	Shares or Principal Amount		Value
COMMON STOCKS (continued)
Specialty retail (continued)
Shoe Carnival, Inc.		473	$	16,096
Signet Jewelers, Ltd.		1,290		35,036
Sleep Number Corp. (A)		869		40,843
Sonic Automotive, Inc., Class A		1,195		17,698
Sportsman’s Warehouse Holdings, Inc. (A)		611		2,933
Tailored Brands, Inc. (B)		1,359		10,655
The Buckle, Inc. (B)		1,349		25,253
The Cato Corp., Class A		707		10,591
The Children’s Place, Inc.		418		40,663
The Container Store Group, Inc. (A)		1,896		16,685
The Gap, Inc.		8,933		233,866
The Home Depot, Inc.		26,722		5,127,685
The Michaels Companies, Inc. (A)		4,160		47,507
The TJX Companies, Inc.		29,250		1,556,393
Tiffany & Company		2,885		304,512
Tile Shop Holdings, Inc.		1,453		8,224
Tilly’s, Inc., Class A		745		8,292
Tractor Supply Company		2,889		282,429
TravelCenters of America LLC (A)		1,582		6,502
Ulta Beauty, Inc. (A)		1,411		492,058
Urban Outfitters, Inc. (A)		2,638		78,190
Williams-Sonoma, Inc. (B)		1,902		107,026
Winmark Corp.		120		22,631
Zumiez, Inc. (A)		690		17,174
				16,311,510
Textiles, apparel and luxury goods – 0.8%
Carter’s, Inc.		1,081		108,954
Columbia Sportswear Company		1,628		169,605
Crocs, Inc. (A)		1,766		45,475
Culp, Inc.		350		6,731
Deckers Outdoor Corp. (A)		711		104,510
Delta Apparel, Inc. (A)		6		133
Fossil Group, Inc. (A)		1,362		18,687
G-III Apparel Group, Ltd. (A)		1,333		53,267
Hanesbrands, Inc.		8,771		156,825
Iconix Brand Group, Inc. (A)		168		346
Movado Group, Inc.		609		22,155
NIKE, Inc., Class B		37,593		3,165,707
Oxford Industries, Inc.		460		34,620
PVH Corp.		1,808		220,486
Ralph Lauren Corp.		1,906		247,170
Skechers U.S.A., Inc., Class A (A)		3,916		131,617
Steven Madden, Ltd.		2,188		74,042
Superior Group of Companies, Inc.		424		7,047
Tapestry, Inc.		6,838		222,167
Under Armour, Inc., Class A (A)(B)		10,990		232,329
Unifi, Inc. (A)		506		9,791
Vera Bradley, Inc. (A)		1,019		13,502
VF Corp.		9,384		815,563
Wolverine World Wide, Inc.		2,210		78,963
				5,939,692
				76,991,296
Consumer staples – 7.1%
Beverages – 1.7%
Brown-Forman Corp., Class B		11,366		599,897
Castle Brands, Inc. (A)		6,010		4,186
Coca-Cola Consolidated, Inc.		256		73,684
Constellation Brands, Inc., Class A		4,466		783,024
Craft Brew Alliance, Inc. (A)		540		7,549
Crimson Wine Group, Ltd. (A)		725		5,967
Keurig Dr. Pepper, Inc.		30,766		860,525
MGP Ingredients, Inc. (B)		456		35,180

Total Stock Market Index Trust (continued)
	Shares or Principal Amount		Value
COMMON STOCKS (continued)
Beverages (continued)
Molson Coors Brewing Company, Class B		5,069	$	302,366
Monster Beverage Corp. (A)		13,174		719,037
National Beverage Corp.		1,188		68,583
New Age Beverages Corp. (A)(B)		1,610		8,469
PepsiCo, Inc.		33,422		4,095,866
Primo Water Corp. (A)		834		12,894
The Boston Beer Company, Inc., Class A (A)		286		84,293
The Coca-Cola Company		100,827		4,724,753
				12,386,273
Food and staples retailing – 1.7%
BJ’s Wholesale Club Holdings, Inc. (A)		2,220		60,828
Casey’s General Stores, Inc.		852		109,712
Costco Wholesale Corp.		10,368		2,510,508
Ifresh, Inc. (A)		582		681
Ingles Markets, Inc., Class A		577		15,937
Natural Grocers by Vitamin Cottage, Inc. (A)		867		10,361
Performance Food Group Company (A)		2,589		102,628
PriceSmart, Inc.		748		44,042
Rite Aid Corp. (A)		25,216		16,012
Smart & Final Stores, Inc. (A)		2,101		10,379
SpartanNash Company		1,037		16,457
Sprouts Farmers Market, Inc. (A)		3,062		65,955
Sysco Corp.		12,351		824,553
The Andersons, Inc.		795		25,623
The Chefs’ Warehouse, Inc. (A)		728		22,604
The Kroger Company		18,738		460,955
United Natural Foods, Inc. (A)		1,210		15,996
US Foods Holding Corp. (A)		5,161		180,171
Village Super Market, Inc., Class A		426		11,643
Walgreens Boots Alliance, Inc.		22,458		1,420,918
Walmart, Inc.		68,722		6,702,457
Weis Markets, Inc.		558		22,772
				12,651,192
Food products – 1.3%
Alico, Inc.		238		6,476
Archer-Daniels-Midland Company		13,132		566,383
B&G Foods, Inc. (B)		1,578		38,535
Bunge, Ltd.		3,287		174,441
Calavo Growers, Inc.		405		33,959
Cal-Maine Foods, Inc.		1,150		51,325
Campbell Soup Company (B)		7,119		271,447
Conagra Brands, Inc.		11,452		317,678
Darling Ingredients, Inc. (A)		4,071		88,137
Dean Foods Company		2,501		7,578
Farmer Brothers Company (A)		473		9,465
Flowers Foods, Inc.		5,336		113,764
Fresh Del Monte Produce, Inc.		1,216		32,868
Freshpet, Inc. (A)		952		40,260
General Mills, Inc.		14,025		725,794
Hormel Foods Corp. (B)		12,639		565,722
Hostess Brands, Inc. (A)		3,075		38,438
Ingredion, Inc.		1,683		159,363
J&J Snack Foods Corp.		465		73,861
John B. Sanfilippo & Son, Inc.		306		21,992
Kellogg Company		8,219		471,606
Lamb Weston Holdings, Inc.		3,496		261,990
Lancaster Colony Corp.		659		103,259
Landec Corp. (A)		778		9,554
Lifeway Foods, Inc. (A)		734		1,776
Limoneira Company		402		9,459
McCormick & Company, Inc.		3,154		475,087
Mondelez International, Inc., Class A		34,394		1,716,948

270

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Total Stock Market Index Trust (continued)
	Shares or Principal Amount		Value
COMMON STOCKS (continued)
Food products (continued)
Pilgrim’s Pride Corp. (A)		5,868	$	130,798
Post Holdings, Inc. (A)		1,631		178,431
Sanderson Farms, Inc.		556		73,303
Seaboard Corp.		27		115,687
Seneca Foods Corp., Class A (A)		277		6,814
The Hain Celestial Group, Inc. (A)		2,648		61,222
The Hershey Company		4,955		568,983
The J.M. Smucker Company		2,679		312,104
The Kraft Heinz Company		28,948		945,152
The Simply Good Foods Company (A)		492		10,130
Tootsie Roll Industries, Inc.		1,612		60,029
TreeHouse Foods, Inc. (A)		1,388		89,595
Tyson Foods, Inc., Class A		8,628		599,042
				9,538,455
Household products – 1.3%
Central Garden & Pet Company, Class A (A)		1,204		27,993
Church & Dwight Company, Inc.		5,822		414,701
Colgate-Palmolive Company		20,474		1,403,288
Energizer Holdings, Inc.		1,527		68,608
Kimberly-Clark Corp.		8,139		1,008,422
Oil-Dri Corp. of America		207		6,446
Spectrum Brands Holdings, Inc.		818		44,810
The Clorox Company		3,005		482,182
The Procter & Gamble Company		58,856		6,123,967
WD-40 Company		334		56,593
				9,637,010
Personal products – 0.3%
Avon Products, Inc. (A)		12,229		35,953
Coty, Inc., Class A (B)		18,587		213,751
Edgewell Personal Care Company (A)		1,258		55,214
elf Beauty, Inc. (A)		1,282		13,589
Herbalife Nutrition, Ltd. (A)		3,782		200,408
Inter Parfums, Inc.		718		54,475
Medifast, Inc.		317		40,433
Nature’s Sunshine Products, Inc. (A)		783		7,274
Nu Skin Enterprises, Inc., Class A		1,326		63,462
Revlon, Inc., Class A (A)(B)		1,455		28,198
The Estee Lauder Companies, Inc., Class A		8,596		1,423,068
USANA Health Sciences, Inc. (A)		566		47,470
				2,183,295
Tobacco – 0.8%
22nd Century Group, Inc. (A)(B)		3,359		5,744
Altria Group, Inc.		44,427		2,551,443
Philip Morris International, Inc.		36,842		3,256,464
Turning Point Brands, Inc.		537		24,750
Universal Corp.		544		31,351
Vector Group, Ltd.		3,597		38,812
				5,908,564
				52,304,789
Energy – 5.7%
Energy equipment and services – 0.5%
Apergy Corp. (A)		1,929		79,205
Archrock, Inc.		3,887		38,015
Baker Hughes, a GE Company		10,374		287,567
Basic Energy Services, Inc. (A)		707		2,687
Bristow Group, Inc. (A)(B)		1,005		1,116
C&J Energy Services, Inc. (A)		1,456		22,597
Cactus, Inc., Class A (A)		1,310		46,636
CARBO Ceramics, Inc. (A)		1,065		3,728
Covia Holdings Corp. (A)		1,232		6,887
CSI Compressco LP		1,415		4,019

Total Stock Market Index Trust (continued)
	Shares or Principal Amount		Value
COMMON STOCKS (continued)
Energy equipment and services (continued)
Diamond Offshore Drilling, Inc. (A)		3,260	$	34,197
Dril-Quip, Inc. (A)		1,008		46,217
Era Group, Inc. (A)		744		8,586
Exterran Corp. (A)		958		16,142
Forum Energy Technologies, Inc. (A)		2,945		15,049
FTS International, Inc. (A)		1,441		14,410
Geospace Technologies Corp. (A)		444		5,745
Gulf Island Fabrication, Inc. (A)		618		5,667
Halliburton Company		21,007		615,505
Helix Energy Solutions Group, Inc. (A)		4,041		31,964
Helmerich & Payne, Inc.		2,709		150,512
Hi-Crush Partners LP		2,496		11,107
Hornbeck Offshore Services, Inc. (A)		157		195
ION Geophysical Corp. (A)		203		2,931
Keane Group, Inc. (A)		2,573		28,020
Key Energy Services, Inc. (A)		639		2,594
KLX Energy Services Holdings, Inc. (A)		523		13,148
Liberty Oilfield Services, Inc., Class A		1,895		29,164
Mammoth Energy Services, Inc.		1,223		20,363
Matrix Service Company (A)		732		14,333
McDermott International, Inc. (A)		2,279		16,956
Nabors Industries, Ltd.		7,764		26,708
National Oilwell Varco, Inc.		9,405		250,549
Natural Gas Services Group, Inc. (A)		329		5,695
NCS Multistage Holdings, Inc. (A)		1,196		6,195
Newpark Resources, Inc. (A)		2,300		21,068
Nine Energy Service, Inc. (A)		279		6,319
Oceaneering International, Inc. (A)		2,645		41,712
Oil States International, Inc. (A)		1,372		23,269
Patterson-UTI Energy, Inc.		5,804		81,372
PHI, Inc. (A)		664		286
Pioneer Energy Services Corp. (A)		1,245		2,204
ProPetro Holding Corp. (A)		2,263		51,008
Ranger Energy Services, Inc. (A)		532		4,240
RigNet, Inc. (A)		498		4,865
Rowan Companies PLC, Class A (A)		3,448		37,204
RPC, Inc.		5,565		63,497
Schlumberger, Ltd.		33,023		1,438,812
SEACOR Holdings, Inc. (A)		486		20,548
SEACOR Marine Holdings, Inc. (A)		576		7,667
Select Energy Services, Inc., Class A (A)		2,696		32,406
Smart Sand, Inc. (A)		1,138		5,064
Solaris Oilfield Infrastructure, Inc., Class A		1,173		19,284
Superior Energy Services, Inc. (A)		4,212		19,670
TETRA Technologies, Inc. (A)		3,291		7,701
Tidewater, Inc. (A)		820		19,016
Unit Corp. (A)		1,458		20,762
USA Compression Partners LP		1,701		26,553
				3,818,936
Oil, gas and consumable fuels – 5.2%
Abraxas Petroleum Corp. (A)		4,699		5,874
Adams Resources & Energy, Inc.		171		6,679
Alliance Resource Partners LP		3,350		68,206
Alta Mesa Resources, Inc., Class A (A)		7,237		1,921
American Midstream Partners LP		1,563		8,081
Amplify Energy Corp. (A)		13		88
Anadarko Petroleum Corp.		12,041		547,625
Andeavor Logistics LP		5,509		194,247
Antero Midstream Corp.		12,700		175,006
Antero Resources Corp. (A)		7,853		69,342
Apache Corp.		9,123		316,203
Approach Resources, Inc. (A)		912		323
Arch Coal, Inc., Class A		408		37,238
Black Stone Minerals LP		5,274		93,033

271

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Total Stock Market Index Trust (continued)
	Shares or Principal Amount		Value
COMMON STOCKS (continued)
Oil, gas and consumable fuels (continued)
Blueknight Energy Partners LP		2,033	$	2,094
Bonanza Creek Energy, Inc. (A)		566		12,843
BP Midstream Partners LP		1,255		18,160
BP Prudhoe Bay Royalty Trust (B)		545		14,497
Buckeye Partners LP		3,592		122,200
Cabot Oil & Gas Corp.		10,279		268,282
California Resources Corp. (A)		1,195		30,723
Callon Petroleum Company (A)		4,851		36,625
Calumet Specialty Products Partners LP (A)		2,199		7,828
Carrizo Oil & Gas, Inc. (A)		2,253		28,095
Centennial Resource Development, Inc., Class A (A)		6,767		59,482
Cheniere Energy, Inc. (A)		5,926		405,101
Chesapeake Energy Corp. (A)(B)		38,113		118,150
Chevron Corp.		45,244		5,573,156
Cimarex Energy Company		2,433		170,067
Clean Energy Fuels Corp. (A)		4,677		14,452
Cloud Peak Energy, Inc. (A)		2,084		219
CNX Midstream Partners LP		1,410		21,446
CNX Resources Corp. (A)		4,970		53,527
Comstock Resources, Inc. (A)		1,831		12,689
Concho Resources, Inc.		4,771		529,390
ConocoPhillips		27,316		1,823,070
CONSOL Energy, Inc. (A)		785		26,863
Continental Resources, Inc. (A)		9,028		404,184
Crestwood Equity Partners LP		1,659		58,380
CrossAmerica Partners LP		693		12,654
DCP Midstream LP		3,514		116,138
Delek Logistics Partners LP		486		15,761
Delek US Holdings, Inc.		2,095		76,300
Denbury Resources, Inc. (A)		9,374		19,217
Devon Energy Corp.		11,210		353,788
Diamondback Energy, Inc.		3,970		403,074
Dorchester Minerals LP		927		16,927
Dorian LPG, Ltd. (A)		1,732		11,119
Emerge Energy Services LP (A)		1,048		2,033
Enable Midstream Partners LP		10,806		154,742
Encana Corp.		13,185		95,459
Energy Transfer LP		62,495		960,548
EnLink Midstream LLC		15,065		192,531
Enterprise Products Partners LP		52,180		1,518,438
Enviva Partners LP		736		23,736
EOG Resources, Inc.		13,768		1,310,438
EP Energy Corp., Class A (A)		7,262		1,888
EQM Midstream Partners LP		2,677		123,597
EQT Corp.		6,229		129,189
Equitrans Midstream Corp.		5,262		114,606
Euronav NV		683		5,566
Evolution Petroleum Corp.		1,062		7,169
Extraction Oil & Gas, Inc. (A)		4,148		17,546
Exxon Mobil Corp.		100,232		8,098,746
Foresight Energy LP		1,851		4,887
Genesis Energy LP		3,110		72,463
Global Partners LP		630		12,386
Green Plains Partners LP		503		7,968
Green Plains, Inc.		1,138		18,982
Gulfport Energy Corp. (A)		4,248		34,069
Halcon Resources Corp. (A)		4,145		5,596
Hallador Energy Company		1,237		6,507
Harvest Natural Resources, Inc. (A)(C)		270		0
Hess Corp.		7,152		430,765
Hess Midstream Partners LP		705		14,946
HighPoint Resources Corp. (A)		3,644		8,053
Holly Energy Partners LP		2,630		70,984

Total Stock Market Index Trust (continued)
	Shares or Principal Amount		Value
COMMON STOCKS (continued)
Oil, gas and consumable fuels (continued)
HollyFrontier Corp.		4,147	$	204,323
Isramco, Inc. (A)		74		8,362
Jagged Peak Energy, Inc. (A)(B)		5,344		55,952
Kimbell Royalty Partners LP		462		8,441
Kinder Morgan, Inc.		52,606		1,052,646
Laredo Petroleum, Inc. (A)		5,774		17,842
Legacy Reserves, Inc. (A)		1,208		593
Lilis Energy, Inc. (A)		1,569		1,836
LinnCo LLC (A)(C)		2,890		125
Magellan Midstream Partners LP		5,554		336,739
Marathon Oil Corp.		19,932		333,064
Marathon Petroleum Corp.		16,410		982,139
Martin Midstream Partners LP		1,127		14,031
Matador Resources Company (A)		2,732		52,810
Midstates Petroleum Company, Inc. (A)		691		6,751
Montage Resources Corp. (A)(B)		490		7,370
MPLX LP		18,429		606,130
Murphy Oil Corp.		4,199		123,031
NACCO Industries, Inc., Class A		210		8,026
Natural Resource Partners LP		361		15,162
Noble Energy, Inc.		11,539		285,359
Noble Midstream Partners LP		934		33,633
Northern Oil and Gas, Inc. (A)		6,686		18,320
NuStar Energy LP		2,826		75,991
Oasis Midstream Partners LP		640		13,005
Oasis Petroleum, Inc. (A)		6,496		39,236
Occidental Petroleum Corp.		17,897		1,184,781
ONEOK, Inc.		9,800		684,432
Overseas Shipholding Group, Inc., Class A (A)		1,082		2,478
Pacific Ethanol, Inc. (A)		1,491		1,461
Panhandle Oil and Gas, Inc., Class A		460		7,222
Parsley Energy, Inc., Class A (A)		6,446		124,408
PBF Energy, Inc., Class A		2,808		87,441
PBF Logistics LP		849		17,846
PDC Energy, Inc. (A)		1,652		67,203
Peabody Energy Corp.		2,586		73,261
Penn Virginia Corp. (A)		412		18,169
Phillips 66		10,929		1,040,113
Phillips 66 Partners LP		3,128		163,751
Pioneer Natural Resources Company		4,054		617,343
Plains All American Pipeline LP		17,521		429,440
Plains GP Holdings LP, Class A (A)		3,911		97,462
QEP Resources, Inc. (A)		5,752		44,808
Range Resources Corp.		6,336		71,217
Renewable Energy Group, Inc. (A)		1,134		24,903
REX American Resources Corp. (A)		174		14,026
Rosehill Resources, Inc. (A)		1,010		3,434
Sanchez Energy Corp. (A)		2,348		467
SandRidge Energy, Inc. (A)		995		7,980
SemGroup Corp., Class A		1,930		28,448
Shell Midstream Partners LP		4,933		100,880
Ship Finance International, Ltd.		2,278		28,111
SilverBow Resources, Inc. (A)		344		7,912
SM Energy Company		2,730		47,748
Southwestern Energy Company (A)		14,944		70,087
Sprague Resources LP		617		11,402
SRC Energy, Inc. (A)		6,412		32,829
Summit Midstream Partners LP		1,801		17,524
Sunoco LP		2,552		79,520
Tallgrass Energy LP		6,804		171,053
Talos Energy, Inc. (A)		561		14,900
Targa Resources Corp.		5,421		225,243
TC PipeLines LP		1,803		67,360
Teekay Corp. (B)		2,383		9,341

272

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Total Stock Market Index Trust (continued)
	Shares or Principal Amount		Value
COMMON STOCKS (continued)
Oil, gas and consumable fuels (continued)
Tellurian, Inc. (A)(B)		5,770	$	64,624
The Williams Companies, Inc.		27,031		776,330
Ultra Petroleum Corp. (A)(B)		5,375		3,279
Uranium Energy Corp. (A)		5,616		7,862
USD Partners LP		796		8,613
Valero Energy Corp.		10,049		852,457
Viper Energy Partners LP		2,820		93,511
W&T Offshore, Inc. (A)		3,851		26,572
Western Midstream Partners LP		11,085		347,626
Whiting Petroleum Corp. (A)		2,203		57,586
World Fuel Services Corp.		1,629		47,062
WPX Energy, Inc. (A)		9,917		130,012
Zion Oil & Gas, Inc. (A)		2,408		1,818
				38,218,478
				42,037,414
Financials – 13.0%
Banks – 5.3%
1st Source Corp.		559		25,105
Allegiance Bancshares, Inc. (A)		363		12,240
American National Bankshares, Inc.		218		7,613
Ameris Bancorp		1,026		35,243
Ames National Corp.		260		7,127
Arrow Financial Corp.		406		13,353
Associated Banc-Corp.		4,126		88,090
Banc of California, Inc.		1,336		18,490
BancFirst Corp.		865		45,110
BancorpSouth Bank		2,230		62,931
Bank of America Corp.		232,529		6,415,475
Bank of Hawaii Corp.		973		76,741
Bank of Marin Bancorp		328		13,346
Bank OZK		3,171		91,896
BankUnited, Inc.		2,713		90,614
Bankwell Financial Group, Inc.		211		6,157
Banner Corp.		903		48,916
Bar Harbor Bankshares		435		11,253
BB&T Corp.		18,274		850,289
Berkshire Hills Bancorp, Inc.		1,092		29,746
Blue Hills Bancorp, Inc.		739		17,662
BOK Financial Corp.		1,821		148,503
Boston Private Financial Holdings, Inc.		1,849		20,265
Bridge Bancorp, Inc.		565		16,555
Brookline Bancorp, Inc.		2,094		30,154
Bryn Mawr Bank Corp.		470		16,981
Byline Bancorp, Inc. (A)		825		15,246
C&F Financial Corp.		131		6,629
Cadence Bancorp		3,079		57,115
Camden National Corp.		429		17,898
Capital City Bank Group, Inc.		465		10,128
Capstar Financial Holdings, Inc.		374		5,401
Cathay General Bancorp		2,029		68,803
CBTX, Inc.		597		19,385
CenterState Bank Corp.		2,447		58,263
Central Pacific Financial Corp.		828		23,880
Central Valley Community Bancorp		357		6,979
Century Bancorp, Inc., Class A		144		10,512
Chemical Financial Corp.		1,811		74,541
Chemung Financial Corp.		161		7,556
CIT Group, Inc.		2,749		131,870
Citigroup, Inc.		57,792		3,595,818
Citizens & Northern Corp.		324		8,113
Citizens Financial Group, Inc.		11,127		361,628
City Holding Company		311		23,695
CNB Financial Corp.		426		10,765
Codorus Valley Bancorp, Inc.		255		5,444
Columbia Banking System, Inc.		1,805		59,005

Total Stock Market Index Trust (continued)
	Shares or Principal Amount		Value
COMMON STOCKS (continued)
Banks (continued)
Comerica, Inc.		3,866	$	283,455
Commerce Bancshares, Inc.		2,272		131,912
Community Bank System, Inc.		1,247		74,533
Community Trust Bancorp, Inc.		492		20,202
ConnectOne Bancorp, Inc.		882		17,375
County Bancorp, Inc.		255		4,488
Cullen/Frost Bankers, Inc.		1,575		152,885
Customers Bancorp, Inc. (A)		829		15,179
CVB Financial Corp.		2,707		56,982
Eagle Bancorp, Inc. (A)		810		40,662
East West Bancorp, Inc.		3,115		149,427
Enterprise Bancorp, Inc.		327		9,395
Enterprise Financial Services Corp.		619		25,237
Equity Bancshares, Inc., Class A (A)		331		9,533
Farmers & Merchants Bancorp, Inc.		233		7,013
FB Financial Corp.		814		25,853
Fidelity Southern Corp.		746		20,433
Fifth Third Bancorp		18,689		471,330
Financial Institutions, Inc.		417		11,334
First Bancorp (NC)		687		23,880
First Bancorp (PR)		996		11,414
First Bancorp, Inc.		302		7,526
First Busey Corp.		1,265		30,866
First Citizens BancShares, Inc., Class A		175		71,260
First Commonwealth Financial Corp.		2,106		26,536
First Community Bankshares, Inc.		482		15,973
First Financial Bancorp		2,431		58,490
First Financial Bankshares, Inc.		1,651		95,395
First Financial Corp.		338		14,196
First Financial Northwest, Inc.		440		6,930
First Hawaiian, Inc.		3,307		86,147
First Horizon National Corp.		7,925		110,792
First Internet Bancorp		224		4,330
First Interstate BancSystem, Inc., Class A		1,351		53,797
First Merchants Corp.		1,332		49,084
First Midwest Bancorp, Inc.		2,528		51,723
First Republic Bank		3,779		379,638
Flushing Financial Corp.		803		17,610
FNB Corp.		8,183		86,740
Franklin Financial Network, Inc.		364		10,560
Fulton Financial Corp.		4,357		67,446
German American Bancorp, Inc.		635		18,669
Glacier Bancorp, Inc.		1,946		77,976
Great Southern Bancorp, Inc.		248		12,871
Great Western Bancorp, Inc.		1,410		44,542
Guaranty Bancshares, Inc.		253		7,393
Hancock Whitney Corp.		2,161		87,304
Hanmi Financial Corp.		645		13,719
HarborOne Bancorp, Inc. (A)		910		15,652
Heartland Financial USA, Inc.		678		28,917
Heritage Commerce Corp.		1,034		12,511
Heritage Financial Corp.		813		24,504
Hilltop Holdings, Inc.		2,345		42,796
Home BancShares, Inc.		4,401		77,326
Hope Bancorp, Inc.		3,335		43,622
Horizon Bancorp, Inc.		951		15,302
Huntington Bancshares, Inc.		25,770		326,764
IBERIABANK Corp.		1,366		97,956
Independent Bank Corp. (MA)		923		74,737
Independent Bank Corp. (MI)		561		12,062
Independent Bank Group, Inc.		1,107		56,778
International Bancshares Corp.		1,614		61,380
Investors Bancorp, Inc.		7,250		85,913
JPMorgan Chase & Co.		78,706		7,967,408

273

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Total Stock Market Index Trust (continued)
	Shares or Principal Amount		Value
COMMON STOCKS (continued)
Banks (continued)
KeyCorp		24,930	$	392,648
Lakeland Bancorp, Inc.		1,308		19,528
Lakeland Financial Corp.		529		23,921
LegacyTexas Financial Group, Inc.		1,316		49,205
Live Oak Bancshares, Inc.		1,100		16,071
M&T Bank Corp.		3,317		520,835
Macatawa Bank Corp.		926		9,204
MBT Financial Corp.		721		7,224
Mercantile Bank Corp.		455		14,888
Metropolitan Bank Holding Corp. (A)		184		6,401
Midland States Bancorp, Inc.		539		12,968
MidSouth Bancorp, Inc.		608		6,937
MidWestOne Financial Group, Inc.		336		9,156
MutualFirst Financial, Inc.		193		5,784
National Bank Holdings Corp., Class A		721		23,980
National Bankshares, Inc.		188		8,056
National Commerce Corp. (A)		383		15,017
NBT Bancorp, Inc.		1,218		43,860
Northrim Bancorp, Inc.		222		7,641
Norwood Financial Corp.		235		7,247
OFG Bancorp		1,197		23,689
Old National Bancorp		3,744		61,402
Old Point Financial Corp.		230		4,876
Old Second Bancorp, Inc.		816		10,273
Pacific Mercantile Bancorp (A)		820		6,248
Pacific Premier Bancorp, Inc.		1,099		29,156
PacWest Bancorp		3,086		116,064
Park National Corp.		424		40,174
Parke Bancorp, Inc.		382		7,980
Peapack Gladstone Financial Corp.		492		12,900
Penns Woods Bancorp, Inc.		159		6,535
Penson Worldwide, Inc. (A)(C)		1,757		7
Peoples Bancorp of North Carolina, Inc.		237		6,304
Peoples Bancorp, Inc.		508		15,733
People’s United Financial, Inc.		8,127		133,608
People’s Utah Bancorp		486		12,816
Pinnacle Financial Partners, Inc.		1,894		103,602
Popular, Inc.		2,424		126,363
Preferred Bank		341		15,335
Premier Financial Bancorp, Inc.		480		7,541
Prosperity Bancshares, Inc.		1,662		114,778
QCR Holdings, Inc.		353		11,974
RBB Bancorp		407		7,652
Regions Financial Corp.		24,868		351,882
Renasant Corp.		1,202		40,688
Republic Bancorp, Inc., Class A		588		26,295
Republic First Bancorp, Inc. (A)		1,584		8,316
S&T Bancorp, Inc.		768		30,359
Sandy Spring Bancorp, Inc.		750		23,460
Seacoast Banking Corp. of Florida (A)		894		23,557
ServisFirst Bancshares, Inc.		1,445		48,783
Shore Bancshares, Inc.		23		343
Sierra Bancorp		373		9,064
Signature Bank		1,300		166,491
Simmons First National Corp., Class A		2,506		61,347
South State Corp.		873		59,661
Southern First Bancshares, Inc. (A)		207		7,011
Southern National Bancorp of Virginia, Inc.		655		9,596
Southside Bancshares, Inc.		820		27,249
Sterling Bancorp		5,728		106,713
Stock Yards Bancorp, Inc.		633		21,402
Summit Financial Group, Inc.		334		8,854
SunTrust Banks, Inc.		10,620		629,235
SVB Financial Group (A)		1,277		283,954

Total Stock Market Index Trust (continued)
	Shares or Principal Amount		Value
COMMON STOCKS (continued)
Banks (continued)
Synovus Financial Corp.		4,140	$	142,250
TCF Financial Corp.		4,302		89,008
Texas Capital Bancshares, Inc. (A)		1,263		68,947
The Bancorp, Inc. (A)		1,564		12,637
The First of Long Island Corp.		682		14,956
The PNC Financial Services Group, Inc.		10,903		1,337,362
Tompkins Financial Corp.		330		25,103
Towne Bank		1,739		43,040
TriCo Bancshares		840		33,004
TriState Capital Holdings, Inc. (A)		783		15,997
Triumph Bancorp, Inc. (A)		556		16,341
Trustmark Corp.		1,608		54,077
U.S. Bancorp		38,218		1,841,725
UMB Financial Corp.		1,264		80,947
Umpqua Holdings Corp.		5,664		93,456
Union Bankshares Corp.		2,043		66,050
United Bankshares, Inc.		2,659		96,362
United Community Banks, Inc.		1,967		49,037
United Security Bancshares		108		1,145
Univest Financial Corp.		733		17,929
Valley National Bancorp		8,410		80,568
Veritex Holdings, Inc.		620		15,016
Washington Trust Bancorp, Inc.		480		23,112
Webster Financial Corp.		2,342		118,669
Wells Fargo & Company		111,424		5,384,008
WesBanco, Inc.		1,420		56,445
West Bancorporation, Inc.		463		9,575
Westamerica Bancorporation		729		45,052
Western Alliance Bancorp (A)		2,590		106,294
Wintrust Financial Corp.		1,427		96,080
Zions Bancorp NA		4,650		211,157
				39,057,382
Capital markets – 2.9%
Affiliated Managers Group, Inc.		1,255		134,423
Alcentra Capital Corp.		743		5,573
AllianceBernstein Holding LP		2,252		65,060
Ameriprise Financial, Inc.		3,303		423,114
Apollo Investment Corp.		1,601		24,239
Ares Capital Corp.		10,283		176,251
Ares Management Corp., Class A		1,988		46,141
Artisan Partners Asset Management, Inc., Class A		1,864		46,917
Ashford, Inc. (A)		13		722
Associated Capital Group, Inc., Class A		648		25,635
Barings BDC, Inc.		1,332		13,067
BGC Partners, Inc., Class A		7,348		39,018
BlackRock Capital Investment Corp.		2,080		12,459
BlackRock TCP Capital Corp.		1,134		16,080
BlackRock, Inc.		3,727		1,592,808
Blucora, Inc. (A)		1,211		40,423
Capital Southwest Corp.		445		9,363
Capitala Finance Corp.		849		6,758
Cboe Global Markets, Inc.		2,698		257,497
CME Group, Inc.		8,075		1,328,984
Cohen & Steers, Inc.		1,096		46,328
Cowen, Inc. (A)		889		12,882
Diamond Hill Investment Group, Inc.		97		13,580
Donnelley Financial Solutions, Inc. (A)		943		14,032
E*TRADE Financial Corp.		6,105		283,455
Eaton Vance Corp.		3,000		120,930
Ellington Financial, Inc.		880		15,752
Evercore, Inc., Class A		977		88,907
FactSet Research Systems, Inc.		916		227,415
Federated Investors, Inc., Class B		2,512		73,627
Fidus Investment Corp.		689		10,562

274

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Total Stock Market Index Trust (continued)
	Shares or Principal Amount		Value
COMMON STOCKS (continued)
Capital markets (continued)
Fifth Street Asset Management, Inc. (A)		1,988	$	2,425
Focus Financial Partners, Inc., Class A (A)		891		31,755
Franklin Resources, Inc.		12,085		400,497
FS KKR Capital Corp.		5,847		35,374
GAIN Capital Holdings, Inc.		1,306		8,202
GAMCO Investors, Inc., Class A		821		16,831
Garrison Capital, Inc.		913		6,555
Gladstone Capital Corp.		801		7,217
Gladstone Investment Corp.		886		10,278
Goldman Sachs BDC, Inc.		1,014		20,828
Golub Capital BDC, Inc.		1,248		22,314
Greenhill & Company, Inc.		814		17,509
Hamilton Lane, Inc., Class A		1,091		47,546
Hercules Capital, Inc.		2,271		28,751
Horizon Technology Finance Corp.		674		7,946
Houlihan Lokey, Inc.		1,619		74,231
Interactive Brokers Group, Inc., Class A		1,815		94,162
Intercontinental Exchange, Inc.		13,507		1,028,423
INTL. FCStone, Inc. (A)		532		20,620
Invesco, Ltd.		10,037		193,814
KCAP Financial, Inc.		2,234		8,087
Ladenburg Thalmann Financial Services, Inc.		5,498		15,559
Lazard, Ltd., Class A		3,078		111,239
Legg Mason, Inc.		2,180		59,667
Longfin Corp. (A)		1,342		1,812
LPL Financial Holdings, Inc.		2,169		151,071
Main Street Capital Corp. (B)		1,549		57,623
MarketAxess Holdings, Inc.		911		224,179
Medley Capital Corp.		1,551		4,824
Moelis & Company, Class A		1,288		53,594
Monroe Capital Corp.		561		6,811
Moody’s Corp.		4,569		827,400
Morgan Stanley		40,764		1,720,241
Morningstar, Inc.		1,034		130,274
MSCI, Inc.		2,117		420,944
MVC Capital, Inc.		751		6,812
Nasdaq, Inc.		3,912		342,261
New Mountain Finance Corp.		2,060		27,954
Newtek Business Services Corp.		477		9,368
Northern Trust Corp.		5,287		477,998
Oaktree Capital Group LLC		3,762		186,783
Oaktree Specialty Lending Corp.		3,932		20,368
Och-Ziff Capital Management Group LLC, Class A		1,127		18,494
OFS Capital Corp.		589		6,921
Oppenheimer Holdings, Inc., Class A		431		11,215
Oxford Square Capital Corp.		1,411		9,172
P10 Holdings, Inc. (A)		951		666
PennantPark Floating Rate Capital, Ltd.		874		11,196
PennantPark Investment Corp.		2,000		13,820
Piper Jaffray Companies		418		30,443
Prospect Capital Corp. (B)		8,791		57,317
Pzena Investment Management, Inc., Class A		1,869		15,120
Raymond James Financial, Inc.		3,418		274,841
S&P Global, Inc.		5,976		1,258,247
Safeguard Scientifics, Inc. (A)		605		6,564
SEI Investments Company		3,732		194,997
Siebert Financial Corp. (A)		573		6,767
Solar Capital, Ltd.		1,192		24,841
Solar Senior Capital, Ltd.		444		7,619
State Street Corp.		8,879		584,327
Stellus Capital Investment Corp.		549		7,768

Total Stock Market Index Trust (continued)
	Shares or Principal Amount		Value
COMMON STOCKS (continued)
Capital markets (continued)
Stifel Financial Corp.		1,733	$	91,433
T. Rowe Price Group, Inc.		5,731		573,788
TCG BDC, Inc.		1,609		23,298
TD Ameritrade Holding Corp.		13,422		670,966
The Bank of New York Mellon Corp.		23,363		1,178,196
The Blackstone Group LP		15,828		553,505
The Carlyle Group LP		2,519		46,047
The Charles Schwab Corp.		32,126		1,373,708
The Goldman Sachs Group, Inc.		8,792		1,687,976
THL Credit, Inc.		925		6,068
TPG Specialty Lending, Inc.		1,654		33,080
TriplePoint Venture Growth BDC Corp.		568		7,816
Victory Capital Holdings, Inc., Class A (A)		612		9,192
Virtu Financial, Inc., Class A		4,704		111,720
Virtus Investment Partners, Inc.		199		19,412
Waddell & Reed Financial, Inc., Class A (B)		2,262		39,110
Westwood Holdings Group, Inc.		246		8,676
WhiteHorse Finance, Inc.		557		7,909
WisdomTree Investments, Inc.		3,773		26,637
				21,121,021
Consumer finance – 0.7%
Ally Financial, Inc.		9,931		273,003
American Express Company		20,261		2,214,527
Capital One Financial Corp.		11,144		910,353
Credit Acceptance Corp. (A)		475		214,667
Curo Group Holdings Corp. (A)		1,107		11,103
Discover Financial Services		7,949		565,651
Elevate Credit, Inc. (A)		1,191		5,169
Encore Capital Group, Inc. (A)(B)		709		19,306
Enova International, Inc. (A)		924		21,086
EZCORP, Inc., Class A (A)		1,513		14,101
FirstCash, Inc.		1,102		95,323
Green Dot Corp., Class A (A)		1,239		75,145
Navient Corp.		6,317		73,088
Nelnet, Inc., Class A		1,001		55,125
OneMain Holdings, Inc.		3,431		108,934
PRA Group, Inc. (A)		1,050		28,151
Regional Management Corp. (A)		324		7,912
Santander Consumer USA Holdings, Inc.		8,570		181,084
SLM Corp.		10,426		103,322
Synchrony Financial		17,004		542,428
World Acceptance Corp. (A)		242		28,345
				5,547,823
Diversified financial services – 1.7%
AXA Equitable Holdings, Inc.		8,776		176,749
Berkshire Hathaway, Inc., Class B (A)		58,268		11,705,459
First Eagle Private Credit LLC (A)(C)		1,204		313
Jefferies Financial Group, Inc.		7,771		146,017
Marlin Business Services Corp.		359		7,719
On Deck Capital, Inc. (A)		2,087		11,312
Voya Financial, Inc.		3,736		186,651
				12,234,220
Insurance – 2.0%
Aflac, Inc.		18,073		903,650
Alleghany Corp. (A)		301		184,332
American Equity Investment Life Holding Company		2,181		58,931
American Financial Group, Inc.		2,188		210,507
American International Group, Inc.		21,000		904,260
American National Insurance Company		630		76,117
AMERISAFE, Inc.		412		24,473
Arch Capital Group, Ltd. (A)		9,702		313,569

275

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Total Stock Market Index Trust (continued)
	Shares or Principal Amount		Value
COMMON STOCKS (continued)
Insurance (continued)
Argo Group International Holdings, Ltd.		694	$	49,038
Arthur J. Gallagher & Company		4,470		349,107
Assurant, Inc.		1,305		123,858
Assured Guaranty, Ltd.		2,575		114,407
Atlas Financial Holdings, Inc. (A)		399		982
Axis Capital Holdings, Ltd.		2,001		109,615
Brighthouse Financial, Inc. (A)		3,009		109,197
Brown & Brown, Inc.		6,776		199,960
Cincinnati Financial Corp.		3,908		335,697
Citizens, Inc. (A)		1,450		9,672
CNA Financial Corp.		6,193		268,467
CNO Financial Group, Inc.		4,299		69,558
Crawford & Company, Class B		1,545		14,106
Donegal Group, Inc., Class A		786		10,572
eHealth, Inc. (A)		508		31,669
EMC Insurance Group, Inc.		620		19,766
Employers Holdings, Inc.		894		35,858
Enstar Group, Ltd. (A)		386		67,164
Erie Indemnity Company, Class A		613		109,433
Everest Re Group, Ltd.		928		200,411
FBL Financial Group, Inc., Class A		605		37,946
FedNat Holding Company		489		7,844
Fidelity National Financial, Inc.		6,816		249,125
First American Financial Corp.		2,737		140,956
Genworth Financial, Inc., Class A (A)		12,413		47,542
Goosehead Insurance, Inc., Class A		460		12,825
Hallmark Financial Services, Inc. (A)		662		6,885
HCI Group, Inc.		270		11,537
Health Insurance Innovations, Inc., Class A (A)(B)		444		11,908
Heritage Insurance Holdings, Inc.		381		5,563
Horace Mann Educators Corp.		1,124		39,576
Independence Holding Company		423		14,911
Investors Title Company		53		8,369
Kemper Corp.		1,585		120,682
Kinsale Capital Group, Inc.		565		38,742
Lincoln National Corp.		5,075		297,903
Loews Corp.		6,612		316,913
Maiden Holdings, Ltd.		2,453		1,822
Markel Corp. (A)		328		326,767
Marsh & McLennan Companies, Inc.		11,824		1,110,274
MBIA, Inc. (A)		2,372		22,581
Mercury General Corp.		1,359		68,045
MetLife, Inc.		23,432		997,500
National General Holdings Corp.		2,579		61,200
National Western Life Group, Inc., Class A		79		20,735
NI Holdings, Inc. (A)		641		10,256
Old Republic International Corp.		6,868		143,679
Primerica, Inc.		1,062		129,723
Principal Financial Group, Inc.		6,681		335,319
ProAssurance Corp.		1,333		46,135
Protective Insurance Corp., Class B		474		8,778
Prudential Financial, Inc.		9,760		896,749
Reinsurance Group of America, Inc.		1,484		210,698
RenaissanceRe Holdings, Ltd.		981		140,774
RLI Corp.		1,102		79,069
Safety Insurance Group, Inc.		334		29,105
Selective Insurance Group, Inc.		1,477		93,465
State Auto Financial Corp.		954		31,406
Stewart Information Services Corp.		487		20,790
The Allstate Corp.		8,028		756,077
The Hanover Insurance Group, Inc.		1,087		124,103
The Hartford Financial Services Group, Inc.		8,499		422,570

Total Stock Market Index Trust (continued)
	Shares or Principal Amount		Value
COMMON STOCKS (continued)
Insurance (continued)
The Navigators Group, Inc.		698	$	48,769
The Progressive Corp.		13,932		1,004,358
The Travelers Companies, Inc.		6,229		854,370
Torchmark Corp.		2,347		192,337
Trupanion, Inc. (A)		822		26,912
United Fire Group, Inc.		546		23,866
United Insurance Holdings Corp.		1,214		19,303
Universal Insurance Holdings, Inc.		948		29,388
Unum Group		5,354		181,126
W.R. Berkley Corp.		3,003		254,414
White Mountains Insurance Group, Ltd.		80		74,038
				15,070,104
Mortgage real estate investment trusts – 0.2%
AG Mortgage Investment Trust, Inc.		700		11,788
AGNC Investment Corp.		9,114		164,052
Annaly Capital Management, Inc.		26,517		264,905
Anworth Mortgage Asset Corp.		2,512		10,148
Apollo Commercial Real Estate Finance, Inc.		2,718		49,468
Arbor Realty Trust, Inc.		1,815		23,541
Ares Commercial Real Estate Corp.		789		11,985
Arlington Asset Investment Corp., Class A		651		5,182
ARMOUR Residential REIT, Inc.		1,090		21,288
Blackstone Mortgage Trust, Inc., Class A		2,540		87,782
Capstead Mortgage Corp.		2,561		21,999
Cherry Hill Mortgage Investment Corp.		415		7,146
Chimera Investment Corp.		4,611		86,410
Colony Credit Real Estate, Inc.		716		11,213
Dynex Capital, Inc.		1,252		7,625
Ellington Residential Mortgage REIT		539		6,414
Exantas Capital Corp.		859		9,131
Granite Point Mortgage Trust, Inc.		1,105		20,520
Great Ajax Corp.		535		7,351
Invesco Mortgage Capital, Inc.		3,007		47,511
KKR Real Estate Finance Trust, Inc.		1,084		21,702
Ladder Capital Corp.		2,535		43,146
MFA Financial, Inc.		9,853		71,631
New Residential Investment Corp.		7,904		133,657
New York Mortgage Trust, Inc.		3,260		19,853
Orchid Island Capital, Inc.		1,157		7,613
PennyMac Mortgage Investment Trust		1,761		36,470
Ready Capital Corp.		1,513		22,199
Redwood Trust, Inc.		1,628		26,292
Starwood Property Trust, Inc.		6,337		141,632
TPG RE Finance Trust, Inc.		1,656		32,458
Two Harbors Investment Corp.		6,141		83,088
Western Asset Mortgage Capital Corp.		1,158		11,846
				1,527,046
Thrifts and mortgage finance – 0.2%
Axos Financial, Inc. (A)		1,521		44,048
BankFinancial Corp.		481		7,152
BSB Bancorp, Inc. (A)		274		8,998
Capitol Federal Financial, Inc.		3,225		43,054
Dime Community Bancshares, Inc.		1,015		19,011
Federal Agricultural Mortgage Corp., Class C		294		21,294
Federal Home Loan Mortgage Corp. (A)		17,807		47,901
Federal National Mortgage Association (A)		28,795		80,626
First Defiance Financial Corp.		548		15,750
Flagstar Bancorp, Inc.		1,375		45,265
Home Bancorp, Inc.		185		6,151
HomeStreet, Inc. (A)		737		19,420
Impac Mortgage Holdings, Inc. (A)		577		2,262

276

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Total Stock Market Index Trust (continued)
	Shares or Principal Amount		Value
COMMON STOCKS (continued)
Thrifts and mortgage finance (continued)
Kearny Financial Corp.		2,994	$	38,533
LendingTree, Inc. (A)		304		106,874
Luther Burbank Corp.		1,316		13,292
Merchants Bancorp		686		14,749
Meridian Bancorp, Inc.		1,458		22,876
Meta Financial Group, Inc.		747		14,701
MGIC Investment Corp. (A)		8,919		117,642
New York Community Bancorp, Inc.		11,380		131,667
NMI Holdings, Inc., Class A (A)		1,663		43,022
Northfield Bancorp, Inc.		1,351		18,779
Northwest Bancshares, Inc.		2,787		47,295
OceanFirst Financial Corp.		799		19,224
Ocwen Financial Corp. (A)		3,672		6,683
Oritani Financial Corp.		1,196		19,889
PCSB Financial Corp.		498		9,746
PDL Community Bancorp (A)		510		7,115
PennyMac Financial Services, Inc.		648		14,412
Provident Bancorp, Inc. (A)		335		7,588
Provident Financial Holdings, Inc.		393		7,829
Provident Financial Services, Inc.		1,530		39,612
Radian Group, Inc.		5,109		105,961
SI Financial Group, Inc.		508		6,558
Southern Missouri Bancorp, Inc.		216		6,653
Sterling Bancorp, Inc.		1,272		12,898
Territorial Bancorp, Inc.		238		6,405
TFS Financial Corp.		6,876		113,248
Timberland Bancorp, Inc.		255		7,135
TrustCo Bank Corp.		2,616		20,300
United Community Financial Corp.		1,410		13,184
United Financial Bancorp, Inc.		1,401		20,104
Walker & Dunlop, Inc.		722		36,757
Washington Federal, Inc.		2,188		63,211
Western New England Bancorp, Inc.		789		7,282
WSFS Financial Corp.		1,498		57,823
				1,539,979
				96,097,575
Health care – 13.1%
Biotechnology – 2.8%
AbbVie, Inc.		35,734		2,879,803
Abeona Therapeutics, Inc. (A)		1,100		8,096
ACADIA Pharmaceuticals, Inc. (A)(B)		3,063		82,242
Acceleron Pharma, Inc. (A)		1,207		56,210
Achaogen, Inc. (A)		1,165		532
Achillion Pharmaceuticals, Inc. (A)		3,779		11,186
Acorda Therapeutics, Inc. (A)		1,281		17,024
Aduro Biotech, Inc. (A)		2,092		8,326
Advaxis, Inc. (A)		132		777
Adverum Biotechnologies, Inc. (A)		1,083		5,675
Aeglea BioTherapeutics, Inc. (A)		797		6,416
Agenus, Inc. (A)		2,828		8,399
AgeX Therapeutics, Inc. (A)(B)		332		1,345
Agios Pharmaceuticals, Inc. (A)(B)		1,424		96,035
Aileron Therapeutics, Inc. (A)		551		1,074
Aimmune Therapeutics, Inc. (A)		1,383		30,910
Akebia Therapeutics, Inc. (A)		2,523		20,663
Albireo Pharma, Inc. (A)		301		9,695
Alder Biopharmaceuticals, Inc. (A)		1,872		25,553
Aldeyra Therapeutics, Inc. (A)		753		6,800
Alexion Pharmaceuticals, Inc. (A)		5,336		721,320
Alkermes PLC (A)		3,914		142,822
Allakos, Inc. (A)		848		34,344
Allena Pharmaceuticals, Inc. (A)		769		5,398
Allogene Therapeutics, Inc. (A)(B)		2,557		73,923
Alnylam Pharmaceuticals, Inc. (A)		2,507		234,279
AMAG Pharmaceuticals, Inc. (A)		970		12,494

Total Stock Market Index Trust (continued)
	Shares or Principal Amount		Value
COMMON STOCKS (continued)
Biotechnology (continued)
Ambit Biosciences Corp. (A)(C)		515	$	309
Amgen, Inc.		15,148		2,877,817
Amicus Therapeutics, Inc. (A)		4,017		54,631
AnaptysBio, Inc. (A)		565		41,273
Anika Therapeutics, Inc. (A)		404		12,217
Apellis Pharmaceuticals, Inc. (A)		1,276		24,882
Aptinyx, Inc. (A)		599		2,426
Arcus Biosciences, Inc. (A)		732		9,143
Ardelyx, Inc. (A)		1,372		3,842
Arena Pharmaceuticals, Inc. (A)		1,075		48,192
ArQule, Inc. (A)		2,218		10,624
Array BioPharma, Inc. (A)		5,256		128,141
Arrowhead Pharmaceuticals, Inc. (A)		2,085		38,260
Assembly Biosciences, Inc. (A)		477		9,392
Atara Biotherapeutics, Inc. (A)		861		34,225
Athenex, Inc. (A)		1,583		19,392
aTyr Pharma, Inc. (A)		1,397		768
Audentes Therapeutics, Inc. (A)		993		38,747
AVEO Pharmaceuticals, Inc. (A)		3,213		2,635
Avid Bioservices, Inc. (A)		1,963		8,343
Avrobio, Inc. (A)		487		10,738
Bellicum Pharmaceuticals, Inc. (A)		939		3,164
BioCryst Pharmaceuticals, Inc. (A)		2,652		21,587
Biogen, Inc. (A)		4,790		1,132,260
BioMarin Pharmaceutical, Inc. (A)		4,314		383,213
BioSpecifics Technologies Corp. (A)		201		12,528
BioTime, Inc. (A)(B)		3,331		4,364
Bluebird Bio, Inc. (A)		1,220		191,943
Blueprint Medicines Corp. (A)		967		77,408
Calithera Biosciences, Inc. (A)		966		6,511
Calyxt, Inc. (A)		758		13,333
Cara Therapeutics, Inc. (A)		894		17,540
CareDx, Inc. (A)		890		28,053
CASI Pharmaceuticals, Inc. (A)		2,445		7,017
Catalyst Pharmaceuticals, Inc. (A)(B)		3,076		15,688
Celcuity, Inc. (A)		383		8,392
Celgene Corp. (A)		16,617		1,567,648
Celldex Therapeutics, Inc. (A)		241		1,186
ChemoCentryx, Inc. (A)		1,375		19,099
Chimerix, Inc. (A)		1,404		2,948
Clovis Oncology, Inc. (A)		1,194		29,635
Coherus Biosciences, Inc. (A)		1,434		19,560
Conatus Pharmaceuticals, Inc. (A)		1,457		1,574
Concert Pharmaceuticals, Inc. (A)		641		7,737
Corvus Pharmaceuticals, Inc. (A)		583		2,344
Crinetics Pharmaceuticals, Inc. (A)		405		9,218
CTI BioPharma Corp. (A)		2,346		2,276
Curis, Inc. (A)		948		1,887
Cytokinetics, Inc. (A)		1,480		11,973
CytomX Therapeutics, Inc. (A)		1,018		10,944
Deciphera Pharmaceuticals, Inc. (A)		803		18,638
Denali Therapeutics, Inc. (A)(B)		2,246		52,152
Dicerna Pharmaceuticals, Inc. (A)		1,643		24,070
DNIB Unwind, Inc. (A)(C)		634		22
Dynavax Technologies Corp. (A)		1,633		11,937
Eagle Pharmaceuticals, Inc. (A)		418		21,105
Editas Medicine, Inc. (A)		1,148		28,069
Eidos Therapeutics, Inc. (A)(B)		663		15,547
Eiger BioPharmaceuticals, Inc. (A)		622		8,696
Emergent BioSolutions, Inc. (A)		1,282		64,767
Enanta Pharmaceuticals, Inc. (A)		517		49,384
Epizyme, Inc. (A)		1,858		23,021
Equillium, Inc. (A)		863		6,904
Esperion Therapeutics, Inc. (A)		700		28,105
Evelo Biosciences, Inc. (A)(B)		584		4,672

277

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Total Stock Market Index Trust (continued)
	Shares or Principal Amount		Value
COMMON STOCKS (continued)
Biotechnology (continued)
Exact Sciences Corp. (A)		2,968	$	257,088
Exelixis, Inc. (A)		7,458		177,500
Fate Therapeutics, Inc. (A)		1,591		27,954
FibroGen, Inc. (A)		2,155		117,124
Five Prime Therapeutics, Inc. (A)		797		10,680
Flexion Therapeutics, Inc. (A)		1,007		12,567
Fortress Biotech, Inc. (A)(B)		1,754		3,122
Forty Seven, Inc. (A)		563		9,098
G1 Therapeutics, Inc. (A)		777		12,898
Galectin Therapeutics, Inc. (A)(B)		1,661		8,488
Genomic Health, Inc. (A)		960		67,248
Geron Corp. (A)(B)		4,452		7,390
Gilead Sciences, Inc.		30,771		2,000,423
Global Blood Therapeutics, Inc. (A)(B)		1,066		56,423
GlycoMimetics, Inc. (A)		901		11,226
Gritstone Oncology, Inc. (A)		586		7,794
GTx, Inc. (A)		271		325
Halozyme Therapeutics, Inc. (A)		3,467		55,819
Homology Medicines, Inc. (A)		705		19,550
Idera Pharmaceuticals, Inc. (A)		526		1,341
Immune Design Corp. (A)		768		4,493
ImmunoGen, Inc. (A)		3,078		8,341
Immunomedics, Inc. (A)		4,174		80,183
Incyte Corp. (A)		5,140		442,091
Infinity Pharmaceuticals, Inc. (A)		2,628		4,941
Inovio Pharmaceuticals, Inc. (A)(B)		2,493		9,299
Insmed, Inc. (A)		2,037		59,216
Insys Therapeutics, Inc. (A)(B)		2,022		9,342
Intellia Therapeutics, Inc. (A)		993		16,960
Intercept Pharmaceuticals, Inc. (A)		688		76,960
Intrexon Corp. (A)(B)		3,305		17,384
Invitae Corp. (A)		1,369		32,062
Ionis Pharmaceuticals, Inc. (A)		3,087		250,572
Ironwood Pharmaceuticals, Inc. (A)		3,567		48,262
Jounce Therapeutics, Inc. (A)		886		5,493
Kadmon Holdings, Inc. (A)		2,301		6,075
KalVista Pharmaceuticals, Inc. (A)		368		10,532
Kezar Life Sciences, Inc. (A)		340		6,032
Kindred Biosciences, Inc. (A)		928		8,510
Kiniksa Pharmaceuticals, Ltd., Class A (A)		1,082		19,541
Kodiak Sciences, Inc. (A)		873		5,701
Krystal Biotech, Inc. (A)		281		9,245
Kura Oncology, Inc. (A)		766		12,708
Lexicon Pharmaceuticals, Inc. (A)(B)		2,915		16,207
Ligand Pharmaceuticals, Inc. (A)		527		66,249
LogicBio Therapeutics, Inc. (A)		641		6,333
MacroGenics, Inc. (A)		1,031		18,537
Madrigal Pharmaceuticals, Inc. (A)		342		42,839
Magenta Therapeutics, Inc. (A)(B)		1,068		17,590
MannKind Corp. (A)		2,896		5,705
Marker Therapeutics, Inc. (A)		1,096		7,234
MediciNova, Inc. (A)(B)		1,166		9,654
MEI Pharma, Inc. (A)		2,438		7,485
MeiraGTx Holdings PLC (A)		652		11,234
Merrimack Pharmaceuticals, Inc. (A)		578		4,017
Mersana Therapeutics, Inc. (A)		637		3,351
MiMedx Group, Inc. (A)(B)		2,595		9,108
Minerva Neurosciences, Inc. (A)		1,207		9,487
Miragen Therapeutics, Inc. (A)		828		2,310
Molecular Templates, Inc. (A)		772		4,485
Momenta Pharmaceuticals, Inc. (A)		2,115		30,731
Mustang Bio, Inc. (A)		783		2,670
Myriad Genetics, Inc. (A)		1,862		61,818
NantKwest, Inc. (A)		2,233		3,528

Total Stock Market Index Trust (continued)
	Shares or Principal Amount		Value
COMMON STOCKS (continued)
Biotechnology (continued)
Natera, Inc. (A)		1,474	$	30,394
Neon Therapeutics, Inc. (A)		1,269		8,198
Neurocrine Biosciences, Inc. (A)		2,209		194,613
NewLink Genetics Corp. (A)		821		1,585
Novavax, Inc. (A)		8,348		4,599
Omthera Pharmaceuticals, Inc. (A)(C)		598		368
Oncocyte Corp. (A)		1,221		4,823
OncoMed Pharmaceuticals, Inc. (A)		498		518
OPKO Health, Inc. (A)		13,787		35,984
Osiris Therapeutics, Inc. (A)		525		9,975
Ovid therapeutics, Inc. (A)		886		1,568
Palatin Technologies, Inc. (A)		1,228		1,204
PDL BioPharma, Inc. (A)		4,159		15,471
PDS Biotechnology Corp. (A)		45		330
Pieris Pharmaceuticals, Inc. (A)		1,471		4,928
PolarityTE, Inc. (A)(B)		290		3,103
Portola Pharmaceuticals, Inc. (A)(B)		1,588		55,104
Principia Biopharma, Inc. (A)		393		13,362
Progenics Pharmaceuticals, Inc. (A)		1,955		9,071
Protagonist Therapeutics, Inc. (A)		486		6,109
Proteostasis Therapeutics, Inc. (A)		1,327		1,672
PTC Therapeutics, Inc. (A)		1,135		42,721
Puma Biotechnology, Inc. (A)		1,014		39,333
Ra Pharmaceuticals, Inc. (A)		631		14,134
Recro Pharma, Inc. (A)		896		5,251
Regeneron Pharmaceuticals, Inc. (A)		2,581		1,059,810
REGENXBIO, Inc. (A)		843		48,312
Regulus Therapeutics, Inc. (A)		504		514
Repligen Corp. (A)		1,032		60,971
Replimune Group, Inc. (A)		611		9,299
Retrophin, Inc. (A)		1,052		23,807
Rhythm Pharmaceuticals, Inc. (A)		694		19,023
Rigel Pharmaceuticals, Inc. (A)		3,503		9,003
Riot Blockchain, Inc. (A)		273		893
Rocket Pharmaceuticals, Inc. (A)		971		17,031
Rubius Therapeutics, Inc. (A)		1,625		29,413
Sage Therapeutics, Inc. (A)		1,079		171,615
Sangamo Therapeutics, Inc. (A)		2,281		21,761
Sarepta Therapeutics, Inc. (A)		1,615		192,492
Savara, Inc. (A)		827		6,095
Scholar Rock Holding Corp. (A)		429		8,061
Seattle Genetics, Inc. (A)		3,638		266,447
Selecta Biosciences, Inc. (A)		604		1,431
Seres Therapeutics, Inc. (A)(B)		1,133		7,784
Sesen Bio, Inc. (A)		4,361		4,492
Sierra Oncology, Inc. (A)		2,075		3,548
Solid Biosciences, Inc. (A)		559		5,143
Spark Therapeutics, Inc. (A)		999		113,766
Spectrum Pharmaceuticals, Inc. (A)		2,679		28,639
Spero Therapeutics, Inc. (A)		635		8,134
Spring Bank Pharmaceuticals, Inc. (A)		517		5,423
Stemline Therapeutics, Inc. (A)		715		9,188
Sunesis Pharmaceuticals, Inc. (A)		1,269		1,542
Surface Oncology, Inc. (A)		1,474		7,031
Sutro Biopharma, Inc. (A)		635		7,233
Syndax Pharmaceuticals, Inc. (A)		629		3,302
Synergy Pharmaceuticals, Inc. (A)		6,230		58
Synlogic, Inc. (A)		463		3,514
Syros Pharmaceuticals, Inc. (A)		721		6,590
T2 Biosystems, Inc. (A)		160		421
Tobira Therapeutics, Inc. (A)(C)		609		8,252
Tocagen, Inc. (A)		929		10,098
Translate Bio, Inc. (A)		932		9,497
Twist Bioscience Corp. (A)		540		12,517
Tyme Technologies, Inc. (A)(B)		2,042		3,594

278

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Total Stock Market Index Trust (continued)
	Shares or Principal Amount		Value
COMMON STOCKS (continued)
Biotechnology (continued)
Ultragenyx Pharmaceutical, Inc. (A)		1,165	$	80,804
United Therapeutics Corp. (A)		1,054		123,708
UNITY Biotechnology, Inc. (A)		766		6,212
Unum Therapeutics, Inc. (A)		1,434		6,295
Vanda Pharmaceuticals, Inc. (A)		1,222		22,485
Veracyte, Inc. (A)		983		24,595
Verastem, Inc. (A)(B)		1,842		5,452
Vericel Corp. (A)		1,284		22,483
Vertex Pharmaceuticals, Inc. (A)		6,126		1,126,878
Viking Therapeutics, Inc. (A)(B)		1,958		19,463
Vital Therapies, Inc. (A)		1,384		273
Voyager Therapeutics, Inc. (A)		743		14,221
vTv Therapeutics, Inc., Class A (A)(B)		1,071		1,831
X4 Pharmaceuticals, Inc. (A)		101		1,758
XBiotech, Inc. (A)		1,742		19,197
Xencor, Inc. (A)		1,295		40,223
XOMA Corp. (A)		278		3,442
Y-mAbs Therapeutics, Inc. (A)		523		13,708
Zafgen, Inc. (A)		1,004		2,751
ZIOPHARM Oncology, Inc. (A)(B)		3,927		15,119
				20,455,090
Health care equipment and supplies – 2.8%
Abbott Laboratories		41,719		3,335,017
ABIOMED, Inc. (A)		1,077		307,580
Accuray, Inc. (A)		2,433		11,605
Align Technology, Inc. (A)		1,924		547,051
AngioDynamics, Inc. (A)		1,021		23,340
Antares Pharma, Inc. (A)		4,423		13,402
AtriCure, Inc. (A)		953		25,531
Atrion Corp.		51		44,813
Avanos Medical, Inc. (A)		1,125		48,015
Axogen, Inc. (A)		911		19,186
Baxter International, Inc.		12,611		1,025,400
Becton, Dickinson and Company		6,379		1,593,028
Boston Scientific Corp. (A)		33,013		1,267,039
Cantel Medical Corp.		1,069		71,505
Cardiovascular Systems, Inc. (A)		915		35,374
Cerus Corp. (A)		3,177		19,793
Conformis, Inc. (A)		2,228		6,417
CONMED Corp.		652		54,233
Corindus Vascular Robotics, Inc. (A)(B)		6,252		10,878
CryoLife, Inc. (A)		912		26,603
CryoPort, Inc. (A)		894		11,550
Cutera, Inc. (A)		375		6,623
CytoSorbents Corp. (A)		228		1,726
Danaher Corp.		16,567		2,187,175
DENTSPLY SIRONA, Inc.		5,354		265,505
DexCom, Inc. (A)		2,135		254,279
Edwards Lifesciences Corp. (A)		4,978		952,441
Endologix, Inc. (A)		242		1,600
FONAR Corp. (A)		241		4,933
GenMark Diagnostics, Inc. (A)		1,560		11,060
Glaukos Corp. (A)		943		73,903
Globus Medical, Inc., Class A (A)		2,425		119,819
Haemonetics Corp. (A)		1,321		115,561
Heska Corp. (A)		197		16,769
Hill-Rom Holdings, Inc.		1,620		171,493
Hologic, Inc. (A)		6,830		330,572
ICU Medical, Inc. (A)		511		122,298
IDEXX Laboratories, Inc. (A)		2,081		465,312
Inogen, Inc. (A)		520		49,592
Insulet Corp. (A)		1,479		140,638
Integer Holdings Corp. (A)		863		65,087
Integra LifeSciences Holdings Corp. (A)		1,975		110,047
Intuitive Surgical, Inc. (A)		2,723		1,553,689

Total Stock Market Index Trust (continued)
	Shares or Principal Amount		Value
COMMON STOCKS (continued)
Health care equipment and supplies (continued)
Invacare Corp.		900	$	7,533
iRhythm Technologies, Inc. (A)		621		46,550
IRIDEX Corp. (A)		814		3,712
Lantheus Holdings, Inc. (A)		1,016		24,872
LeMaitre Vascular, Inc.		515		15,965
Masimo Corp. (A)		1,251		172,988
Meridian Bioscience, Inc.		1,192		20,991
Merit Medical Systems, Inc. (A)		1,226		75,804
Natus Medical, Inc. (A)		710		18,020
Neogen Corp. (A)		1,304		74,837
Nevro Corp. (A)		723		45,195
NuVasive, Inc. (A)		1,239		70,363
Nuvectra Corp. (A)		555		6,111
Obalon Therapeutics, Inc. (A)		803		1,156
OraSure Technologies, Inc. (A)		1,625		18,119
Orthofix Medical, Inc. (A)		509		28,713
OrthoPediatrics Corp. (A)		403		17,825
Penumbra, Inc. (A)		842		123,782
Pulse Biosciences, Inc. (A)		385		6,772
Quidel Corp. (A)		915		59,905
ResMed, Inc.		3,421		355,681
Rockwell Medical, Inc. (A)(B)		1,446		8,228
RTI Surgical Holdings, Inc. (A)		1,700		10,217
Senseonics Holdings, Inc. (A)(B)		3,826		9,374
SI-BONE, Inc. (A)		307		5,784
Sientra, Inc. (A)		532		4,565
STAAR Surgical Company (A)		1,153		39,421
Stryker Corp.		8,878		1,753,583
Surmodics, Inc. (A)		364		15,827
Tactile Systems Technology, Inc. (A)		467		24,620
Tandem Diabetes Care, Inc. (A)		1,175		74,613
Teleflex, Inc.		1,111		335,700
The Cooper Companies, Inc.		1,174		347,704
TransEnterix, Inc. (A)(B)		4,508		10,729
Utah Medical Products, Inc.		104		9,178
Varex Imaging Corp. (A)		1,027		34,795
Varian Medical Systems, Inc. (A)		2,167		307,107
West Pharmaceutical Services, Inc.		1,791		197,368
Zimmer Biomet Holdings, Inc.		4,857		620,239
				20,521,428
Health care providers and services – 2.4%
AAC Holdings, Inc. (A)		965		1,776
Acadia Healthcare Company, Inc. (A)(B)		2,171		63,632
Aceto Corp.		853		148
Addus HomeCare Corp. (A)		312		19,840
Amedisys, Inc. (A)		817		100,703
American Renal Associates Holdings, Inc. (A)		923		5,667
AmerisourceBergen Corp.		5,001		397,680
AMN Healthcare Services, Inc. (A)		1,148		54,059
Anthem, Inc.		6,128		1,758,613
Apollo Medical Holdings, Inc. (A)		629		11,523
BioScrip, Inc. (A)		3,600		7,200
BioTelemetry, Inc. (A)		881		55,168
Brookdale Senior Living, Inc. (A)		4,348		28,610
Capital Senior Living Corp. (A)		893		3,563
Cardinal Health, Inc.		7,096		341,672
Centene Corp. (A)		9,028		479,387
Chemed Corp.		402		128,668
Cigna Corp.		9,004		1,448,023
Community Health Systems, Inc. (A)		3,196		11,921
CorVel Corp. (A)		522		34,055
Covetrus, Inc. (A)		1,442		45,928
Cross Country Healthcare, Inc. (A)		1,014		7,128
CVS Health Corp.		30,586		1,649,503

279

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Total Stock Market Index Trust (continued)
	Shares or Principal Amount		Value
COMMON STOCKS (continued)
Health care providers and services (continued)
DaVita, Inc. (A)		3,961	$	215,043
Diplomat Pharmacy, Inc. (A)		1,868		10,853
Encompass Health Corp.		2,418		141,211
Genesis Healthcare, Inc. (A)		2,733		3,936
Guardant Health, Inc. (A)		1,544		118,425
Hanger, Inc. (A)		926		17,640
HCA Healthcare, Inc.		8,188		1,067,551
HealthEquity, Inc. (A)		1,488		110,082
Henry Schein, Inc. (A)		3,605		216,697
Humana, Inc.		3,253		865,298
Laboratory Corp. of America Holdings (A)		2,418		369,906
LHC Group, Inc. (A)		594		65,851
Magellan Health, Inc. (A)		566		37,311
McKesson Corp.		4,653		544,680
MedCath Corp. (A)(C)		613		307
MEDNAX, Inc. (A)		2,250		61,133
Molina Healthcare, Inc. (A)		1,455		206,552
National HealthCare Corp.		429		32,553
National Research Corp.		959		37,017
Owens & Minor, Inc.		1,661		6,810
Patterson Companies, Inc.		2,414		52,746
PetIQ, Inc. (A)		575		18,061
Premier, Inc., Class A (A)		3,584		123,612
Quest Diagnostics, Inc.		3,212		288,823
Quorum Health Corp. (A)		392		549
R1 RCM, Inc. (A)		2,964		28,662
RadNet, Inc. (A)		1,310		16,231
Select Medical Holdings Corp. (A)		3,247		45,750
Surgery Partners, Inc. (A)		1,386		15,634
Tenet Healthcare Corp. (A)		2,354		67,889
The Ensign Group, Inc.		1,404		71,871
The Providence Service Corp. (A)		378		25,182
Tivity Health, Inc. (A)		1,247		21,897
UnitedHealth Group, Inc.		22,809		5,639,753
Universal Health Services, Inc., Class B		2,200		294,294
US Physical Therapy, Inc.		347		36,445
WellCare Health Plans, Inc. (A)		1,102		297,265
				17,827,987
Health care technology – 0.2%
Allscripts Healthcare Solutions, Inc. (A)		4,420		42,167
Castlight Health, Inc., B Shares (A)		3,656		13,710
Cerner Corp. (A)		7,886		451,158
Computer Programs & Systems, Inc.		379		11,253
Evolent Health, Inc., Class A (A)		2,045		25,726
HealthStream, Inc. (A)		886		24,861
HMS Holdings Corp. (A)		1,934		57,266
Inovalon Holdings, Inc., Class A (A)(B)		3,391		42,150
Inspire Medical Systems, Inc. (A)		282		16,012
Medidata Solutions, Inc. (A)		1,476		108,102
NantHealth, Inc. (A)(B)		3,451		3,175
NextGen Healthcare, Inc. (A)		1,749		29,436
Omnicell, Inc. (A)		1,024		82,780
Simulations Plus, Inc.		455		9,605
Tabula Rasa HealthCare, Inc. (A)		474		26,743
Teladoc Health, Inc. (A)(B)		1,541		85,680
Veeva Systems, Inc., Class A (A)		3,452		437,921
Vocera Communications, Inc. (A)		782		24,735
				1,492,480
Life sciences tools and services – 1.0%
Accelerate Diagnostics, Inc. (A)(B)		1,535		32,266
Agilent Technologies, Inc.		7,581		609,361
Bio-Rad Laboratories, Inc., Class A (A)		716		218,867
Bio-Techne Corp.		961		190,807
Bruker Corp.		3,887		149,416

Total Stock Market Index Trust (continued)
	Shares or Principal Amount		Value
COMMON STOCKS (continued)
Life sciences tools and services (continued)
Cambrex Corp. (A)		894	$	34,732
Charles River Laboratories International, Inc. (A)		1,222		177,496
Codexis, Inc. (A)		1,349		27,695
Enzo Biochem, Inc. (A)		1,266		3,456
Fluidigm Corp. (A)		357		4,745
Harvard Bioscience, Inc. (A)		485		2,090
Illumina, Inc. (A)		3,500		1,087,415
IQVIA Holdings, Inc. (A)		4,829		694,652
Luminex Corp.		1,250		28,763
Medpace Holdings, Inc. (A)		869		51,245
Mettler-Toledo International, Inc. (A)		598		432,354
NanoString Technologies, Inc. (A)		769		18,402
NeoGenomics, Inc. (A)		2,195		44,910
Pacific Biosciences of California, Inc. (A)		3,229		23,346
PerkinElmer, Inc.		2,703		260,461
PRA Health Sciences, Inc. (A)		1,614		178,008
Quanterix Corp. (A)		534		13,793
Syneos Health, Inc. (A)		2,651		137,216
Thermo Fisher Scientific, Inc.		9,539		2,611,015
Waters Corp. (A)		1,798		452,575
				7,485,086
Pharmaceuticals – 3.9%
AcelRx Pharmaceuticals, Inc. (A)(B)		2,585		8,996
Acer Therapeutics, Inc. (A)		299		7,266
Aclaris Therapeutics, Inc. (A)		747		4,475
Adamis Pharmaceuticals Corp. (A)		1,632		3,444
Aerie Pharmaceuticals, Inc. (A)		991		47,073
Agile Therapeutics, Inc. (A)		1,595		2,408
Akcea Therapeutics, Inc. (A)(B)		2,030		57,510
Akorn, Inc. (A)		3,187		11,218
Alexza Pharmaceuticals, Inc. (A)(C)		2,067		72
Allergan PLC		8,014		1,173,330
Amneal Pharmaceuticals, Inc. (A)		6,203		87,897
Amphastar Pharmaceuticals, Inc. (A)		1,295		26,457
Ampio Pharmaceuticals, Inc. (A)		1,902		1,069
ANI Pharmaceuticals, Inc. (A)		324		22,855
Aquestive Therapeutics, Inc. (A)		893		6,171
Aratana Therapeutics, Inc. (A)		1,239		4,460
Arvinas, Inc. (A)		514		7,587
Assertio Therapeutics, Inc. (A)		1,816		9,207
BioDelivery Sciences International, Inc. (A)		2,697		14,294
Bristol-Myers Squibb Company		38,721		1,847,379
Catalent, Inc. (A)		3,413		138,534
Clearside Biomedical, Inc. (A)		998		1,377
Collegium Pharmaceutical, Inc. (A)		840		12,718
Corcept Therapeutics, Inc. (A)(B)		3,097		36,359
Corium International, Inc. (A)(C)		1,009		182
Dermira, Inc. (A)		1,155		15,650
Dova Pharmaceuticals, Inc. (A)		710		6,312
Durect Corp. (A)		4,211		2,636
Elanco Animal Health, Inc. (A)		7,867		252,295
Eli Lilly & Company		25,147		3,263,075
Eloxx Pharmaceuticals, Inc. (A)		705		8,234
Endo International PLC (A)		5,320		42,720
Evolus, Inc. (A)(B)		516		11,646
Horizon Pharma PLC (A)		3,927		103,791
Innovate Biopharmaceuticals, Inc. (A)(B)		319		616
Innoviva, Inc. (A)		2,501		35,089
Intersect ENT, Inc. (A)		798		25,656
Johnson & Johnson		63,496		8,876,106
Kala Pharmaceuticals, Inc. (A)		674		5,574
Lannett Company, Inc. (A)		1,025		8,067

280

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Total Stock Market Index Trust (continued)
	Shares or Principal Amount		Value
COMMON STOCKS (continued)
Pharmaceuticals (continued)
Liquidia Technologies, Inc. (A)		317	$	3,607
Marinus Pharmaceuticals, Inc. (A)		1,468		6,136
Melinta Therapeutics, Inc. (A)		156		554
Menlo Therapeutics, Inc. (A)		195		1,531
Merck & Company, Inc.		61,678		5,129,759
MyoKardia, Inc. (A)		965		50,170
Nektar Therapeutics (A)		4,020		135,072
Neos Therapeutics, Inc. (A)(B)		969		2,529
Ocular Therapeutix, Inc. (A)		1,316		5,225
Odonate Therapeutics, Inc. (A)		680		15,035
Omeros Corp. (A)(B)		1,320		22,928
Optinose, Inc. (A)		957		9,857
Osmotica Pharmaceuticals PLC (A)		824		2,966
Otonomy, Inc. (A)		1,390		3,656
Pacira Pharmaceuticals, Inc. (A)		1,111		42,285
Paratek Pharmaceuticals, Inc. (A)(B)		760		4,074
Pfizer, Inc.		137,051		5,820,556
Phibro Animal Health Corp., Class A		1,100		36,300
Prestige Consumer Healthcare, Inc. (A)		1,453		43,459
Reata Pharmaceuticals, Inc., Class A (A)		714		61,026
resTORbio, Inc. (A)		720		4,910
Revance Therapeutics, Inc. (A)		851		13,412
scPharmaceuticals, Inc. (A)		640		1,920
Sienna Biopharmaceuticals, Inc. (A)		555		1,288
SIGA Technologies, Inc. (A)		1,168		7,020
Strongbridge Biopharma PLC (A)		1,240		6,175
Supernus Pharmaceuticals, Inc. (A)		1,388		48,636
Teligent, Inc. (A)(B)		1,521		1,764
Tetraphase Pharmaceuticals, Inc. (A)		1,403		1,880
The Medicines Company (A)		1,753		48,996
TherapeuticsMD, Inc. (A)(B)		5,607		27,306
Tilray, Inc., Class 2 (A)(B)		2,109		138,182
Tricida, Inc. (A)		688		26,571
Urovant Sciences, Ltd. (A)		916		9,206
Verrica Pharmaceuticals, Inc. (A)		806		8,713
Xeris Pharmaceuticals, Inc. (A)		366		3,675
Zoetis, Inc.		11,463		1,153,980
Zogenix, Inc. (A)		862		47,419
Zynerba Pharmaceuticals, Inc. (A)(B)		581		3,149
				29,140,732
				96,922,803
Industrials – 9.7%
Aerospace and defense – 2.3%
AAR Corp.		757		24,610
Aerojet Rocketdyne Holdings, Inc. (A)		2,058		73,121
Aerovironment, Inc. (A)		650		44,467
Arconic, Inc.		11,513		220,013
Astronics Corp. (A)		623		20,385
Astronics Corp., Class B (A)		93		3,020
Axon Enterprise, Inc. (A)		1,283		69,808
BWX Technologies, Inc.		2,459		121,917
Cubic Corp.		751		42,236
Curtiss-Wright Corp.		1,021		115,720
Ducommun, Inc. (A)		321		13,970
General Dynamics Corp.		6,968		1,179,543
Harris Corp.		2,792		445,910
HEICO Corp., Class A		3,285		276,137
Hexcel Corp.		2,051		141,847
Huntington Ingalls Industries, Inc.		1,000		207,200
Kratos Defense & Security Solutions, Inc. (A)		2,763		43,186
L3 Technologies, Inc.		1,852		382,197
Lockheed Martin Corp.		6,736		2,021,878
Mercury Systems, Inc. (A)		1,316		84,329
Moog, Inc., Class A		880		76,516

Total Stock Market Index Trust (continued)
	Shares or Principal Amount		Value
COMMON STOCKS (continued)
Aerospace and defense (continued)
National Presto Industries, Inc.		196	$	21,276
Northrop Grumman Corp.		4,101		1,105,630
Raytheon Company		6,710		1,221,757
Spirit AeroSystems Holdings, Inc., Class A		2,519		230,564
Teledyne Technologies, Inc. (A)		855		202,644
Textron, Inc.		5,728		290,180
The Boeing Company		13,462		5,134,676
The KeyW Holding Corp. (A)		1,434		12,361
TransDigm Group, Inc. (A)		1,259		571,573
Triumph Group, Inc.		1,366		26,036
United Technologies Corp.		20,408		2,630,387
Vectrus, Inc. (A)		294		7,817
Wesco Aircraft Holdings, Inc. (A)		2,836		24,928
				17,087,839
Air freight and logistics – 0.6%
Air Transport Services Group, Inc. (A)		1,616		37,249
Atlas Air Worldwide Holdings, Inc. (A)		573		28,971
C.H. Robinson Worldwide, Inc.		3,220		280,108
Echo Global Logistics, Inc. (A)		790		19,576
Expeditors International of Washington, Inc.		3,916		297,224
FedEx Corp.		6,233		1,130,729
Forward Air Corp.		699		45,246
Hub Group, Inc., Class A (A)		934		38,154
United Parcel Service, Inc., Class B		20,345		2,273,350
XPO Logistics, Inc. (A)(B)		2,948		158,426
				4,309,033
Airlines – 0.4%
Alaska Air Group, Inc.		2,896		162,524
Allegiant Travel Company		394		51,011
American Airlines Group, Inc.		10,915		346,660
Delta Air Lines, Inc.		16,139		833,579
Hawaiian Holdings, Inc.		1,268		33,285
JetBlue Airways Corp. (A)		6,903		112,933
SkyWest, Inc.		1,282		69,600
Southwest Airlines Company		13,289		689,832
Spirit Airlines, Inc. (A)		1,614		85,316
United Continental Holdings, Inc. (A)		6,415		511,789
				2,896,529
Building products – 0.4%
AAON, Inc.		1,262		58,279
Advanced Drainage Systems, Inc.		1,541		39,712
American Woodmark Corp. (A)		392		32,391
AO Smith Corp.		4,035		215,146
Apogee Enterprises, Inc.		790		29,617
Armstrong Flooring, Inc. (A)		761		10,350
Armstrong World Industries, Inc.		1,315		104,437
Builders FirstSource, Inc. (A)		2,730		36,418
Continental Building Products, Inc. (A)		772		19,138
CSW Industrials, Inc. (A)		443		25,379
Fortune Brands Home & Security, Inc.		3,421		162,874
Gibraltar Industries, Inc. (A)		875		35,534
Griffon Corp.		1,323		24,449
Insteel Industries, Inc.		543		11,360
JELD-WEN Holding, Inc. (A)		2,834		50,048
Johnson Controls International PLC		21,935		810,279
Lennox International, Inc.		954		252,238
Masco Corp.		7,288		286,491
NCI Building Systems, Inc. (A)		1,541		9,493
Owens Corning		2,720		128,166
Patrick Industries, Inc. (A)		691		31,316
PGT Innovations, Inc. (A)		1,354		18,753
Quanex Building Products Corp.		973		15,461

281

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Total Stock Market Index Trust (continued)
	Shares or Principal Amount		Value
COMMON STOCKS (continued)
Building products (continued)
Resideo Technologies, Inc. (A)		2,957	$	57,041
Simpson Manufacturing Company, Inc.		1,174		69,583
Trex Company, Inc. (A)		1,462		89,942
Universal Forest Products, Inc.		1,489		44,506
USG Corp.		3,308		143,236
				2,811,637
Commercial services and supplies – 0.6%
ABM Industries, Inc.		1,566		56,924
ACCO Brands Corp.		2,362		20,219
ADT, Inc.		333		2,128
Advanced Disposal Services, Inc. (A)		2,130		59,640
ARC Document Solutions, Inc. (A)		1,859		4,146
Brady Corp., Class A		1,234		57,270
BrightView Holdings, Inc. (A)		696		10,022
Casella Waste Systems, Inc., Class A (A)		1,180		41,961
CECO Environmental Corp. (A)		1,030		7,416
Cintas Corp.		2,587		522,859
Civeo Corp. (A)		3,710		7,791
Clean Harbors, Inc. (A)		1,427		102,073
Copart, Inc. (A)		5,594		338,940
Covanta Holding Corp.		3,622		62,697
Deluxe Corp.		1,214		53,076
Ennis, Inc.		700		14,532
Healthcare Services Group, Inc.		1,855		61,196
Heritage-Crystal Clean, Inc. (A)		637		17,486
Herman Miller, Inc.		1,463		51,468
HNI Corp.		1,011		36,689
Hudson Technologies, Inc. (A)		1,248		2,409
Interface, Inc.		1,386		21,234
KAR Auction Services, Inc.		3,164		162,345
Kimball International, Inc., Class B		1,061		15,003
Knoll, Inc.		1,376		26,020
LSC Communications, Inc.		987		6,445
Matthews International Corp., Class A		749		27,676
McGrath RentCorp		546		30,887
Mobile Mini, Inc.		1,065		36,146
MSA Safety, Inc.		944		97,610
Multi-Color Corp.		575		28,687
NL Industries, Inc. (A)		1,371		5,319
PICO Holdings, Inc. (A)		659		6,524
Pitney Bowes, Inc.		4,518		31,039
Quad/Graphics, Inc.		1,451		17,267
Republic Services, Inc.		6,958		559,284
Rollins, Inc.		7,708		320,807
RR Donnelley & Sons Company		1,999		9,435
SP Plus Corp. (A)		619		21,120
Steelcase, Inc., Class A		2,699		39,270
Stericycle, Inc. (A)		1,954		106,337
Swisher Hygiene, Inc. (A)(C)		450		421
Team, Inc. (A)		842		14,735
Tetra Tech, Inc.		1,397		83,247
The Brink’s Company		1,273		95,997
UniFirst Corp.		468		71,838
US Ecology, Inc.		611		34,204
Viad Corp.		552		31,072
VSE Corp.		302		9,537
Waste Management, Inc.		9,923		1,031,099
				4,471,547
Construction and engineering – 0.2%
AECOM (A)		3,853		114,319
Aegion Corp. (A)		916		16,094
Ameresco, Inc., Class A (A)		1,258		20,354
Arcosa, Inc.		1,228		37,515
Argan, Inc.		415		20,729
Comfort Systems USA, Inc.		1,027		53,805

Total Stock Market Index Trust (continued)
	Shares or Principal Amount		Value
COMMON STOCKS (continued)
Construction and engineering (continued)
Dycom Industries, Inc. (A)		774	$	35,558
EMCOR Group, Inc.		1,421		103,847
Fluor Corp.		3,518		129,462
Granite Construction, Inc.		1,123		48,457
Great Lakes Dredge & Dock Corp. (A)		1,745		15,548
HC2 Holdings, Inc. (A)		1,457		3,570
IES Holdings, Inc. (A)		602		10,698
Jacobs Engineering Group, Inc.		3,358		252,488
KBR, Inc.		3,431		65,498
MasTec, Inc. (A)		1,935		93,074
MYR Group, Inc. (A)		461		15,964
Northwest Pipe Company (A)		368		8,832
Orion Group Holdings, Inc. (A)		1,081		3,157
Primoris Services Corp.		1,418		29,324
Quanta Services, Inc.		3,528		133,147
Sterling Construction Company, Inc. (A)		733		9,177
Tutor Perini Corp. (A)		1,370		23,454
Valmont Industries, Inc.		570		74,157
WillScot Corp. (A)		974		10,802
				1,329,030
Electrical equipment – 0.6%
Acuity Brands, Inc.		967		116,050
Allied Motion Technologies, Inc.		289		9,936
AMETEK, Inc.		5,492		455,671
Atkore International Group, Inc. (A)		1,040		22,391
AZZ, Inc.		725		29,674
Babcock & Wilcox Enterprises, Inc. (A)		1,702		700
Bloom Energy Corp., Class A (A)		2,341		30,246
Eaton Corp. PLC		10,227		823,887
Emerson Electric Company		14,766		1,011,028
Encore Wire Corp.		587		33,588
Energous Corp. (A)		688		4,362
EnerSys		980		63,857
Enphase Energy, Inc. (A)(B)		2,749		25,373
FuelCell Energy, Inc. (A)(B)		3,640		896
GrafTech International, Ltd.		4,778		61,111
Hubbell, Inc.		1,310		154,554
LSI Industries, Inc.		199		523
nVent Electric PLC		19,309		520,957
Plug Power, Inc. (A)(B)		6,157		14,777
Powell Industries, Inc.		332		8,815
Preformed Line Products Company		145		7,698
Regal Beloit Corp.		1,021		83,589
Revolution Lighting Technologies, Inc. (A)		1,281		296
Rockwell Automation, Inc.		2,850		500,061
Sunrun, Inc. (A)		2,933		41,238
Thermon Group Holdings, Inc. (A)		912		22,353
TPI Composites, Inc. (A)		945		27,046
Vicor Corp. (A)		1,095		33,967
Vivint Solar, Inc. (A)		3,209		15,949
				4,120,593
Industrial conglomerates – 1.2%
3M Company		13,758		2,858,637
Carlisle Companies, Inc.		1,405		172,281
General Electric Company		206,219		2,060,128
Honeywell International, Inc.		17,475		2,777,127
Icahn Enterprises LP		4,276		310,010
Raven Industries, Inc.		807		30,965
Roper Technologies, Inc.		2,454		839,194
				9,048,342
Machinery – 1.7%
Actuant Corp., Class A		1,627		39,650
AGCO Corp.		1,696		117,957

282

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Total Stock Market Index Trust (continued)
	Shares or Principal Amount		Value
COMMON STOCKS (continued)
Machinery (continued)
Alamo Group, Inc.		316	$	31,581
Albany International Corp., Class A		769		55,053
Allison Transmission Holdings, Inc.		3,020		135,658
Altra Industrial Motion Corp.		651		20,214
Astec Industries, Inc.		516		19,484
Barnes Group, Inc.		1,235		63,491
Briggs & Stratton Corp.		1,186		14,030
Caterpillar, Inc.		13,975		1,893,473
Chart Industries, Inc. (A)		704		63,726
CIRCOR International, Inc. (A)		461		15,029
Colfax Corp. (A)		2,940		87,259
Columbus McKinnon Corp.		622		21,366
Commercial Vehicle Group, Inc. (A)		1,034		7,931
Crane Company		1,371		116,014
Cummins, Inc.		3,743		590,907
Deere & Company		7,591		1,213,345
DMC Global, Inc.		432		21,444
Donaldson Company, Inc.		3,099		155,136
Douglas Dynamics, Inc.		623		23,718
Dover Corp.		3,501		328,394
Energy Recovery, Inc. (A)(B)		1,545		13,488
EnPro Industries, Inc.		501		32,289
ESCO Technologies, Inc.		589		39,481
Evoqua Water Technologies Corp. (A)		2,964		37,287
Federal Signal Corp.		1,641		42,650
Flowserve Corp.		3,220		145,351
Fortive Corp.		7,902		662,899
Franklin Electric Company, Inc.		1,116		57,016
FreightCar America, Inc. (A)		410		2,526
Gardner Denver Holdings, Inc. (A)		4,877		135,629
Gates Industrial Corp. PLC (A)		4,606		66,050
Gencor Industries, Inc. (A)		428		5,290
Global Brass & Copper Holdings, Inc.		592		20,388
Graco, Inc.		3,968		196,495
Graham Corp.		354		6,949
Harsco Corp. (A)		1,884		37,981
Hillenbrand, Inc.		1,562		64,870
Hurco Companies, Inc.		183		7,380
Hyster-Yale Materials Handling, Inc.		343		21,389
IDEX Corp.		1,796		272,525
Illinois Tool Works, Inc.		7,800		1,119,534
ITT, Inc.		2,118		122,844
John Bean Technologies Corp.		796		73,144
Kadant, Inc.		299		26,300
Kennametal, Inc.		2,052		75,411
LB Foster Company, Class A (A)		298		5,608
Lincoln Electric Holdings, Inc.		1,545		129,579
Lindsay Corp.		285		27,585
Lydall, Inc. (A)		480		11,261
Manitex International, Inc. (A)		126		964
Meritor, Inc. (A)		2,137		43,488
Milacron Holdings Corp. (A)		1,513		17,127
Miller Industries, Inc.		317		9,779
Mueller Industries, Inc.		1,341		42,027
Mueller Water Products, Inc., Class A		3,700		37,148
Navistar International Corp. (A)		2,509		81,041
NN, Inc.		766		5,737
Nordson Corp.		1,356		179,697
Omega Flex, Inc.		281		21,300
Oshkosh Corp.		1,709		128,397
PACCAR, Inc.		8,064		549,481
Parker-Hannifin Corp.		3,117		534,940
Park-Ohio Holdings Corp.		359		11,624
Proto Labs, Inc. (A)		654		68,762
RBC Bearings, Inc. (A)		608		77,319

Total Stock Market Index Trust (continued)
	Shares or Principal Amount		Value
COMMON STOCKS (continued)
Machinery (continued)
REV Group, Inc.		1,752	$	19,184
Rexnord Corp. (A)		2,553		64,182
Snap-on, Inc.		1,280		200,346
Spartan Motors, Inc.		989		8,733
SPX Corp. (A)		1,177		40,948
SPX FLOW, Inc. (A)		1,017		32,442
Standex International Corp.		280		20,552
Stanley Black & Decker, Inc.		3,548		483,131
Sun Hydraulics Corp.		750		34,883
Tennant Company		496		30,797
Terex Corp.		1,748		56,163
The Eastern Company		253		6,963
The ExOne Company (A)		79		671
The Gorman-Rupp Company		728		24,708
The Greenbrier Companies, Inc.		782		25,204
The Manitowoc Company, Inc. (A)		959		15,737
The Middleby Corp. (A)		1,333		173,330
The Timken Company		1,787		77,949
The Toro Company		2,460		169,346
Titan International, Inc.		1,677		10,012
TriMas Corp. (A)		1,278		38,634
Trinity Industries, Inc.		3,379		73,426
Twin Disc, Inc. (A)		354		5,894
Wabash National Corp.		1,600		21,680
WABCO Holdings, Inc. (A)		1,217		160,437
Wabtec Corp.		3,452		254,481
Watts Water Technologies, Inc., Class A		850		68,697
Welbilt, Inc. (A)		3,489		57,150
Woodward, Inc.		1,494		141,766
Xylem, Inc.		4,286		338,765
				12,959,101
Marine – 0.0%
Eagle Bulk Shipping, Inc. (A)		2,130		9,905
Kirby Corp. (A)		1,396		104,854
Matson, Inc.		993		35,837
				150,596
Professional services – 0.4%
Acacia Research Corp. (A)		1,963		6,399
ASGN, Inc. (A)		1,324		84,061
Barrett Business Services, Inc.		206		15,930
CBIZ, Inc. (A)		1,496		30,279
CoStar Group, Inc. (A)		875		408,118
CRA International, Inc.		233		11,776
Equifax, Inc.		2,868		339,858
Exponent, Inc.		1,408		81,270
Forrester Research, Inc.		498		24,078
Franklin Covey Company (A)		395		9,994
FTI Consulting, Inc. (A)		895		68,754
Heidrick & Struggles International, Inc.		532		20,392
Hill International, Inc. (A)		1,520		4,438
Huron Consulting Group, Inc. (A)		619		29,229
ICF International, Inc.		515		39,181
InnerWorkings, Inc. (A)		1,547		5,600
Insperity, Inc.		1,009		124,773
Kelly Services, Inc., Class A		813		17,935
Kforce, Inc.		758		26,621
Korn Ferry		1,385		62,020
ManpowerGroup, Inc.		1,444		119,404
Mistras Group, Inc. (A)		810		11,186
Navigant Consulting, Inc.		1,284		24,999
Resources Connection, Inc.		841		13,910
Robert Half International, Inc.		2,878		187,530
TransUnion		4,440		296,770
TriNet Group, Inc. (A)		1,726		103,111
TrueBlue, Inc. (A)		1,160		27,422

283

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Total Stock Market Index Trust (continued)
	Shares or Principal Amount		Value
COMMON STOCKS (continued)
Professional services (continued)
Upwork, Inc. (A)		1,479	$	28,308
Verisk Analytics, Inc.		3,933		523,089
WageWorks, Inc. (A)		956		36,099
Willdan Group, Inc. (A)		264		9,786
				2,792,320
Road and rail – 1.0%
AMERCO		445		165,322
ArcBest Corp.		699		21,522
Avis Budget Group, Inc. (A)		2,083		72,613
Celadon Group, Inc. (A)		363		653
Covenant Transportation Group, Inc., Class A (A)		501		9,509
CSX Corp.		20,051		1,500,216
Daseke, Inc. (A)		1,206		6,139
Genesee & Wyoming, Inc., Class A (A)		1,434		124,959
Heartland Express, Inc.		1,920		37,018
Hertz Global Holdings, Inc. (A)		1,984		34,462
J.B. Hunt Transport Services, Inc.		2,448		247,958
Kansas City Southern		2,373		275,221
Knight-Swift Transportation Holdings, Inc.		4,376		143,008
Landstar System, Inc.		927		101,405
Marten Transport, Ltd.		1,479		26,371
Norfolk Southern Corp.		6,452		1,205,814
Old Dominion Freight Line, Inc.		1,916		276,651
P.A.M. Transportation Services, Inc. (A)		61		2,985
Roadrunner Transportation Systems, Inc. (A)		1,079		453
Ryder System, Inc.		1,209		74,946
Saia, Inc. (A)		681		41,609
Schneider National, Inc., Class B		4,282		90,136
Union Pacific Corp.		17,451		2,917,807
Universal Logistics Holdings, Inc.		800		15,744
USA Truck, Inc. (A)		295		4,260
Werner Enterprises, Inc.		1,755		59,933
YRC Worldwide, Inc. (A)		936		6,262
				7,462,976
Trading companies and distributors – 0.3%
Air Lease Corp.		2,464		84,638
Aircastle, Ltd.		1,836		37,161
Applied Industrial Technologies, Inc.		957		56,913
Beacon Roofing Supply, Inc. (A)		1,681		54,061
BMC Stock Holdings, Inc. (A)		1,851		32,707
CAI International, Inc. (A)		518		12,018
DXP Enterprises, Inc. (A)		493		19,188
EVI Industries, Inc.		320		12,202
Fastenal Company		6,812		438,080
Fortress Transportation & Infrastructure Investors LLC		1,753		29,994
Foundation Building Materials, Inc. (A)		1,193		11,739
GATX Corp.		950		72,552
GMS, Inc. (A)		892		13,487
H&E Equipment Services, Inc.		981		24,633
HD Supply Holdings, Inc. (A)		4,343		188,269
Herc Holdings, Inc. (A)		783		30,521
Kaman Corp.		645		37,694
Lawson Products, Inc. (A)		299		9,377
MRC Global, Inc. (A)		2,156		37,687
MSC Industrial Direct Company, Inc., Class A		1,289		106,613
NOW, Inc. (A)		2,982		41,629
Rush Enterprises, Inc., Class A		931		38,925
SiteOne Landscape Supply, Inc. (A)		976		55,778
Systemax, Inc.		1,010		22,866
Textainer Group Holdings, Ltd. (A)		1,558		15,035

Total Stock Market Index Trust (continued)
	Shares or Principal Amount		Value
COMMON STOCKS (continued)
Trading companies and distributors (continued)
Titan Machinery, Inc. (A)		613	$	9,538
United Rentals, Inc. (A)		1,923		219,703
Univar, Inc. (A)		4,141		91,756
Veritiv Corp. (A)		445		11,712
W.W. Grainger, Inc.		1,332		400,839
Watsco, Inc.		888		127,170
WESCO International, Inc. (A)		1,198		63,506
Willis Lease Finance Corp. (A)		275		11,657
				2,419,648
				71,859,191
Information technology – 20.3%
Communications equipment – 1.2%
Acacia Communications, Inc. (A)		1,074		61,594
ADTRAN, Inc.		1,330		18,221
Aerohive Networks, Inc. (A)		1,973		8,938
Applied Optoelectronics, Inc. (A)		524		6,393
Arista Networks, Inc. (A)		1,800		566,028
ARRIS International PLC (A)		4,144		130,992
CalAmp Corp. (A)		968		12,177
Calix, Inc. (A)		1,502		11,565
Casa Systems, Inc. (A)		2,022		16,783
Ciena Corp. (A)		3,518		131,362
Cisco Systems, Inc.		106,483		5,749,017
Clearfield, Inc. (A)		564		8,291
CommScope Holding Company, Inc. (A)		4,618		100,349
Comtech Telecommunications Corp.		652		15,139
Digi International, Inc. (A)		773		9,794
EchoStar Corp., Class A (A)		2,352		85,730
EMCORE Corp. (A)		934		3,409
Extreme Networks, Inc. (A)		3,021		22,627
F5 Networks, Inc. (A)		1,433		224,881
Finisar Corp. (A)		2,667		61,794
Harmonic, Inc. (A)		2,423		13,133
Infinera Corp. (A)		3,517		15,264
InterDigital, Inc.		854		56,347
Juniper Networks, Inc.		8,144		215,572
KVH Industries, Inc. (A)		618		6,297
Lumentum Holdings, Inc. (A)		1,796		101,546
Motorola Solutions, Inc.		3,926		551,289
NETGEAR, Inc. (A)		756		25,039
NetScout Systems, Inc. (A)		2,200		61,754
Plantronics, Inc.		785		36,196
Powerwave Technologies, Inc. (A)(C)		912		0
Quantenna Communications, Inc. (A)		963		23,430
Ribbon Communications, Inc. (A)		2,652		13,658
TESSCO Technologies, Inc.		79		1,223
Ubiquiti Networks, Inc.		1,727		258,549
UTStarcom Holdings Corp. (A)		215		789
ViaSat, Inc. (A)		1,499		116,173
Viavi Solutions, Inc. (A)		5,498		68,065
				8,809,408
Electronic equipment, instruments and components – 0.7%
Amphenol Corp., Class A		7,117		672,129
Anixter International, Inc. (A)		820		46,010
Arlo Technologies, Inc. (A)		1,497		6,183
Arrow Electronics, Inc. (A)		1,650		127,149
Avnet, Inc.		2,637		114,367
AVX Corp.		4,223		73,227
Badger Meter, Inc.		801		44,568
Bel Fuse, Inc., Class B		346		8,747
Belden, Inc.		1,059		56,868
Benchmark Electronics, Inc.		1,098		28,823
CDW Corp.		3,575		344,523
Cognex Corp.		4,136		210,357

284

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Total Stock Market Index Trust (continued)
	Shares or Principal Amount		Value
COMMON STOCKS (continued)
Electronic equipment, instruments and components (continued)
Coherent, Inc. (A)		604	$	85,599
Control4 Corp. (A)		670		11,343
Corning, Inc.		18,945		627,080
CTS Corp.		929		27,285
Daktronics, Inc.		1,241		9,245
Dolby Laboratories, Inc., Class A		2,532		159,440
ePlus, Inc. (A)		387		34,265
FARO Technologies, Inc. (A)		474		20,813
Fitbit, Inc., Class A (A)		6,454		38,208
FLIR Systems, Inc.		3,304		157,204
II-VI, Inc. (A)		1,569		58,430
Insight Enterprises, Inc. (A)		780		42,947
IPG Photonics Corp. (A)		1,273		193,216
Iteris, Inc. (A)		1,032		4,303
Itron, Inc. (A)		959		44,737
Jabil, Inc.		3,856		102,531
KEMET Corp.		1,301		22,078
Keysight Technologies, Inc. (A)		4,571		398,591
Kimball Electronics, Inc. (A)		758		11,741
Knowles Corp. (A)		2,456		43,299
Littelfuse, Inc.		585		106,751
Maxwell Technologies, Inc. (A)(B)		1,541		6,888
Mesa Laboratories, Inc.		104		23,972
Methode Electronics, Inc.		826		23,772
MicroVision, Inc. (A)		3,177		3,078
MTS Systems Corp.		479		26,086
Napco Security Technologies, Inc. (A)		753		15,617
National Instruments Corp.		3,219		142,795
nLight, Inc. (A)		352		7,843
Novanta, Inc. (A)		808		68,462
OSI Systems, Inc. (A)		513		44,939
PAR Technology Corp. (A)		708		17,318
Park Electrochemical Corp.		597		9,373
PC Connection, Inc.		741		27,172
PCM, Inc. (A)		572		20,952
Plexus Corp. (A)		802		48,882
Rogers Corp. (A)		447		71,019
Sanmina Corp. (A)		1,562		45,064
ScanSource, Inc. (A)		708		25,361
SYNNEX Corp.		1,163		110,939
Tech Data Corp. (A)		848		86,844
Trimble, Inc. (A)		5,939		239,936
TTM Technologies, Inc. (A)		2,807		32,926
Vishay Intertechnology, Inc.		3,595		66,400
Vishay Precision Group, Inc. (A)		345		11,802
Zebra Technologies Corp., Class A (A)		1,294		271,132
				5,380,629
IT services – 4.7%
Akamai Technologies, Inc. (A)		3,873		277,733
Alliance Data Systems Corp.		1,300		227,474
Automatic Data Processing, Inc.		10,382		1,658,421
Black Knight, Inc. (A)		3,609		196,691
Booz Allen Hamilton Holding Corp.		3,431		199,478
Brightcove, Inc. (A)		1,084		9,116
Broadridge Financial Solutions, Inc.		2,797		290,021
CACI International, Inc., Class A (A)		570		103,751
Carbonite, Inc. (A)		761		18,880
Cardtronics PLC, Class A (A)		1,262		44,902
Cass Information Systems, Inc.		256		12,109
Cognizant Technology Solutions Corp., Class A		13,711		993,362
Conduent, Inc. (A)		5,274		72,939
CoreLogic, Inc. (A)		1,972		73,477
CSG Systems International, Inc.		935		39,551

Total Stock Market Index Trust (continued)
	Shares or Principal Amount		Value
COMMON STOCKS (continued)
IT services (continued)
DXC Technology Company		6,681	$	429,655
Endurance International Group Holdings, Inc. (A)		4,023		29,167
EPAM Systems, Inc. (A)		1,293		218,685
Euronet Worldwide, Inc. (A)		1,260		179,663
Everi Holdings, Inc. (A)		1,863		19,599
Evo Payments, Inc., Class A (A)		1,076		31,258
Exela Technologies, Inc. (A)		2,147		7,171
ExlService Holdings, Inc. (A)		928		55,699
Fidelity National Information Services, Inc.		7,792		881,275
First Data Corp., Class A (A)		22,398		588,395
Fiserv, Inc. (A)		9,442		833,540
FleetCor Technologies, Inc. (A)		2,586		637,682
Gartner, Inc. (A)		2,226		337,640
Genpact, Ltd.		4,793		168,618
Global Payments, Inc.		3,828		522,599
GoDaddy, Inc., Class A (A)		4,204		316,099
GreenSky, Inc., Class A (A)		3,445		44,578
I3 Verticals, Inc., Class A (A)		260		6,245
IBM Corp.		21,500		3,033,650
Information Services Group, Inc. (A)		1,813		6,762
Internap Corp. (A)		588		2,916
Jack Henry & Associates, Inc.		1,841		255,420
Leidos Holdings, Inc.		3,621		232,070
Limelight Networks, Inc. (A)		3,034		9,800
LiveRamp Holdings, Inc. (A)		1,698		92,660
ManTech International Corp., Class A		910		49,158
Mastercard, Inc., Class A		24,525		5,774,411
MAXIMUS, Inc.		1,544		109,593
MoneyGram International, Inc. (A)		1,519		3,099
MongoDB, Inc. (A)(B)		1,247		183,334
NIC, Inc.		1,830		31,275
Okta, Inc. (A)		2,405		198,966
Paychex, Inc.		8,487		680,657
PayPal Holdings, Inc. (A)		27,984		2,905,859
Perficient, Inc. (A)		981		26,870
Perspecta, Inc.		3,532		71,417
PFSweb, Inc. (A)		944		4,918
Presidio, Inc.		2,520		37,296
PRGX Global, Inc. (A)		93		737
Sabre Corp.		6,867		146,885
Science Applications International Corp.		1,557		119,811
ServiceSource International, Inc. (A)		2,601		2,397
Square, Inc., Class A (A)		9,764		731,519
StarTek, Inc. (A)		653		5,146
Steel Connect, Inc. (A)		369		742
Switch, Inc., Class A		6,554		67,572
Sykes Enterprises, Inc. (A)		931		26,329
The Hackett Group, Inc.		800		12,640
The Western Union Company		10,704		197,703
Total System Services, Inc.		4,404		418,424
TTEC Holdings, Inc.		1,257		45,541
Twilio, Inc., Class A (A)		2,835		366,225
Unisys Corp. (A)		1,411		16,466
VeriSign, Inc. (A)		2,545		462,070
Virtusa Corp. (A)		802		42,867
Visa, Inc., Class A		47,857		7,474,785
WEX, Inc. (A)		1,068		205,045
Worldpay, Inc., Class A (A)		6,557		744,220
				34,322,728
Semiconductors and semiconductor equipment – 3.4%
Adesto Technologies Corp. (A)		969		5,862
Advanced Energy Industries, Inc. (A)		980		48,686
Advanced Micro Devices, Inc. (A)		23,835		608,269

285

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Total Stock Market Index Trust (continued)
	Shares or Principal Amount		Value
COMMON STOCKS (continued)
Semiconductors and semiconductor equipment (continued)
Alpha & Omega Semiconductor, Ltd. (A)		677	$	7,792
Ambarella, Inc. (A)		765		33,048
Amkor Technology, Inc. (A)		5,742		49,037
Amtech Systems, Inc. (A)		540		2,878
Analog Devices, Inc.		8,742		920,270
Applied Materials, Inc.		23,261		922,531
Aquantia Corp. (A)		774		7,012
Axcelis Technologies, Inc. (A)		854		17,182
AXT, Inc. (A)		1,039		4,624
Broadcom, Inc.		9,794		2,945,154
Brooks Automation, Inc.		1,899		55,698
Cabot Microelectronics Corp.		703		78,708
CEVA, Inc. (A)		604		16,284
Cirrus Logic, Inc. (A)		1,398		58,814
Cohu, Inc.		1,095		16,151
Cree, Inc. (A)		2,469		141,276
Cypress Semiconductor Corp.		8,625		128,685
Diodes, Inc. (A)		1,104		38,309
DSP Group, Inc. (A)		633		8,906
Entegris, Inc.		3,398		121,275
Everspin Technologies, Inc. (A)		685		5,247
First Solar, Inc. (A)		2,450		129,458
FormFactor, Inc. (A)		1,989		32,003
GSI Technology, Inc. (A)		84		653
Ichor Holdings, Ltd. (A)(B)		679		15,332
Impinj, Inc. (A)		564		9,450
Inphi Corp. (A)		1,155		50,520
Integrated Device Technology, Inc. (A)		3,015		147,705
Intel Corp.		107,911		5,794,821
KLA-Tencor Corp.		3,594		429,160
Kopin Corp. (A)		2,098		2,811
Kulicke & Soffa Industries, Inc.		1,626		35,951
Lam Research Corp.		3,658		654,819
Lattice Semiconductor Corp. (A)		3,472		41,421
MACOM Technology Solutions Holdings, Inc. (A)		1,761		29,426
Marvell Technology Group, Ltd.		15,375		305,809
Maxim Integrated Products, Inc.		6,526		346,987
MaxLinear, Inc. (A)		1,814		46,311
Microchip Technology, Inc. (B)		5,593		463,995
Micron Technology, Inc. (A)		26,744		1,105,330
MKS Instruments, Inc.		1,341		124,780
Monolithic Power Systems, Inc.		1,002		135,761
Nanometrics, Inc. (A)		721		22,264
NeoPhotonics Corp. (A)		1,632		10,265
NVE Corp.		135		13,215
NVIDIA Corp.		14,461		2,596,617
ON Semiconductor Corp. (A)		10,060		206,934
PDF Solutions, Inc. (A)		908		11,214
Photronics, Inc. (A)		1,903		17,983
Pixelworks, Inc. (A)		1,308		5,127
Power Integrations, Inc.		699		48,888
Qorvo, Inc. (A)		3,000		215,190
QUALCOMM, Inc.		28,758		1,640,069
Rambus, Inc. (A)		2,510		26,230
Rudolph Technologies, Inc. (A)		866		19,745
Semtech Corp. (A)		1,605		81,711
Sigma Designs, Inc. (A)		1,202		193
Silicon Laboratories, Inc. (A)		1,074		86,844
Skyworks Solutions, Inc.		4,160		343,117
SMART Global Holdings, Inc. (A)		559		10,733
SunPower Corp. (A)(B)		3,841		25,005
Synaptics, Inc. (A)		919		36,530
Teradyne, Inc.		4,302		171,392
Texas Instruments, Inc.		22,638		2,401,213

Total Stock Market Index Trust (continued)
	Shares or Principal Amount		Value
COMMON STOCKS (continued)
Semiconductors and semiconductor equipment (continued)
Transwitch Corp. (A)		1,436	$	0
Ultra Clean Holdings, Inc. (A)		903		9,346
Universal Display Corp. (B)		1,118		170,886
Veeco Instruments, Inc. (A)		1,342		14,547
Versum Materials, Inc.		2,776		139,661
Xilinx, Inc.		5,953		754,781
Xperi Corp.		1,377		32,222
				25,256,123
Software – 6.9%
2U, Inc. (A)		1,317		93,309
8x8, Inc. (A)		2,084		42,097
A10 Networks, Inc. (A)		1,971		13,974
ACI Worldwide, Inc. (A)		2,906		95,520
Adobe, Inc. (A)		11,619		3,096,347
Agilysys, Inc. (A)		672		14,226
Alarm.com Holdings, Inc. (A)		1,271		82,488
Altair Engineering, Inc., Class A (A)		1,543		56,798
Alteryx, Inc., Class A (A)		1,607		134,779
Amber Road, Inc. (A)		917		7,950
American Software, Inc., Class A		832		9,942
Anaplan, Inc. (A)		2,191		86,238
ANSYS, Inc. (A)		2,007		366,699
Appfolio, Inc., Class A (A)		918		72,889
Appian Corp. (A)(B)		1,645		56,637
Aspen Technology, Inc. (A)		1,714		178,702
Asure Software, Inc. (A)		96		587
Autodesk, Inc. (A)		5,256		818,990
Avalara, Inc. (A)		1,025		57,185
Avaya Holdings Corp. (A)		765		12,875
Benefitfocus, Inc. (A)		869		43,033
Blackbaud, Inc.		1,239		98,785
Blackline, Inc. (A)		1,264		58,548
Bottomline Technologies DE, Inc. (A)		1,113		55,750
Box, Inc., Class A (A)		3,262		62,989
Cadence Design Systems, Inc. (A)		6,826		433,519
Carbon Black, Inc. (A)		946		13,197
CDK Global, Inc.		3,154		185,518
Ceridian HCM Holding, Inc. (A)		2,400		123,120
ChannelAdvisor Corp. (A)		737		8,977
Cision, Ltd. (A)		858		11,815
Citrix Systems, Inc.		3,269		325,789
Cloudera, Inc. (A)		5,998		65,618
CommVault Systems, Inc. (A)		1,132		73,286
Cornerstone OnDemand, Inc. (A)		1,383		75,761
Coupa Software, Inc. (A)		1,451		132,012
Digimarc Corp. (A)		311		9,759
DocuSign, Inc. (A)		2,973		154,120
Domo, Inc., Class B (A)		430		17,342
Dropbox, Inc., Class A (A)		8,802		191,884
Ebix, Inc.		768		37,916
Ellie Mae, Inc. (A)		851		83,985
Envestnet, Inc. (A)		1,055		68,986
Everbridge, Inc. (A)		772		57,908
Fair Isaac Corp. (A)		742		201,549
FireEye, Inc. (A)		4,436		74,480
Five9, Inc. (A)		1,506		79,562
ForeScout Technologies, Inc. (A)		953		39,940
Fortinet, Inc. (A)		4,136		347,300
Guidewire Software, Inc. (A)		1,849		179,649
HubSpot, Inc. (A)		927		154,077
Instructure, Inc. (A)		801		37,743
Intuit, Inc.		6,193		1,618,912
j2 Global, Inc.		1,219		105,565
LivePerson, Inc. (A)		1,615		46,867
LogMeIn, Inc.		1,311		105,011

286

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Total Stock Market Index Trust (continued)
	Shares or Principal Amount		Value
COMMON STOCKS (continued)
Software (continued)
Manhattan Associates, Inc. (A)		1,735	$	95,616
Microsoft Corp.		181,947		21,458,829
MicroStrategy, Inc., Class A (A)		260		37,505
Mitek Systems, Inc. (A)		911		11,151
MobileIron, Inc. (A)		2,654		14,517
Model N, Inc. (A)		815		14,295
Monotype Imaging Holdings, Inc.		1,161		23,092
New Relic, Inc. (A)		1,357		133,936
Nuance Communications, Inc. (A)		7,447		126,078
Nutanix, Inc., Class A (A)		3,931		148,356
OneSpan, Inc. (A)		1,137		21,853
Oracle Corp.		89,783		4,822,245
Palo Alto Networks, Inc. (A)		2,246		545,508
Paycom Software, Inc. (A)		1,457		275,562
Paylocity Holding Corp. (A)		1,265		112,825
Pegasystems, Inc.		1,955		127,075
Pivotal Software, Inc., Class A (A)		5,252		109,504
Pluralsight, Inc., Class A (A)		2,640		83,794
Progress Software Corp.		1,167		51,780
Proofpoint, Inc. (A)		1,128		136,973
PROS Holdings, Inc. (A)		881		37,213
PTC, Inc. (A)		2,849		262,621
Q2 Holdings, Inc. (A)		1,129		78,195
Qualys, Inc. (A)		930		76,948
Rapid7, Inc. (A)		1,214		61,441
RealNetworks, Inc. (A)		1,582		4,920
RealPage, Inc. (A)		2,087		126,660
Red Hat, Inc. (A)		4,214		769,898
RingCentral, Inc., Class A (A)		1,588		171,186
SailPoint Technologies Holding, Inc. (A)		2,157		61,949
salesforce.com, Inc. (A)		18,221		2,885,660
SecureWorks Corp., Class A (A)		2,218		40,811
ServiceNow, Inc. (A)		4,328		1,066,809
ShotSpotter, Inc. (A)		46		1,776
Smartsheet, Inc., Class A (A)		1,951		79,581
SolarWinds Corp. (A)(B)		5,660		110,483
Splunk, Inc. (A)		3,503		436,474
SPS Commerce, Inc. (A)		476		50,485
SS&C Technologies Holdings, Inc.		5,252		334,500
SVMK, Inc. (A)		2,239		40,772
Symantec Corp.		15,265		350,942
Synchronoss Technologies, Inc. (A)		1,289		7,837
Synopsys, Inc. (A)		3,622		417,073
Tableau Software, Inc., Class A (A)		2,045		260,288
Telaria, Inc. (A)		1,619		10,264
Telenav, Inc. (A)		1,283		7,788
Tenable Holdings, Inc. (A)		1,521		48,155
Teradata Corp. (A)		2,796		122,045
The Rubicon Project, Inc. (A)		2,172		13,206
The Trade Desk, Inc., Class A (A)		1,057		209,233
The Ultimate Software Group, Inc. (A)		747		246,607
THQ, Inc. (A)(C)		234		0
TiVo Corp.		2,831		26,385
Tyler Technologies, Inc. (A)		941		192,340
Upland Software, Inc. (A)		562		23,806
Varonis Systems, Inc. (A)		754		44,961
Verint Systems, Inc. (A)		1,548		92,663
Veritone, Inc. (A)		414		2,153
VirnetX Holding Corp. (A)(B)		1,593		10,084
VMware, Inc., Class A		9,714		1,753,474
Workday, Inc., Class A (A)		5,200		1,002,820
Workiva, Inc. (A)		1,159		58,761
Yext, Inc. (A)		2,503		54,716
Zendesk, Inc. (A)		2,543		216,155
Zix Corp. (A)		1,522		10,471

Total Stock Market Index Trust (continued)
	Shares or Principal Amount		Value
COMMON STOCKS (continued)
Software (continued)
Zscaler, Inc. (A)		2,045	$	145,052
Zuora, Inc., Class A (A)		1,627		32,589
				51,087,248
Technology hardware, storage and peripherals – 3.4%
3D Systems Corp. (A)		3,112		33,485
Apple, Inc.		112,366		21,343,922
Avid Technology, Inc. (A)		369		2,749
Cray, Inc. (A)		1,129		29,410
Dell Technologies, Inc., Class C (A)		18,468		1,083,887
Diebold Nixdorf, Inc. (A)		2,085		23,081
Eastman Kodak Company (A)(B)		1,268		3,753
Electronics For Imaging, Inc. (A)		1,039		27,949
Hewlett Packard Enterprise Company		35,200		543,136
HP, Inc.		37,471		728,062
Immersion Corp. (A)		912		7,688
Intevac, Inc. (A)		912		5,591
NCR Corp. (A)		2,831		77,258
NetApp, Inc.		5,995		415,693
Pure Storage, Inc., Class A (A)		5,303		115,552
Quantum Corp. (A)		1,321		3,144
Super Micro Computer, Inc. (A)		1,340		28,311
USA Technologies, Inc. (A)		1,403		5,822
Western Digital Corp.		6,859		329,644
Xerox Corp.		5,570		178,129
				24,986,266
				149,842,402
Materials – 2.5%
Chemicals – 1.5%
A. Schulman, Inc. (A)(C)		827		358
Advanced Emissions Solutions, Inc.		679		7,849
AdvanSix, Inc. (A)		822		23,485
Air Products & Chemicals, Inc.		5,048		963,966
Albemarle Corp.		2,545		208,639
American Vanguard Corp.		823		14,172
Amyris, Inc. (A)(B)		1,494		3,122
Ashland Global Holdings, Inc.		1,489		116,336
Axalta Coating Systems, Ltd. (A)		5,674		143,042
Balchem Corp.		789		73,219
Cabot Corp.		1,452		60,447
Celanese Corp.		3,149		310,523
CF Industries Holdings, Inc.		5,494		224,595
Chase Corp.		194		17,953
Core Molding Technologies, Inc.		342		2,524
CVR Nitrogen LP (A)(C)		1,086		195
DowDuPont, Inc.		54,354		2,897,612
Eastman Chemical Company		3,278		248,735
Ecolab, Inc.		6,668		1,177,169
Ferro Corp. (A)		2,289		43,331
Flotek Industries, Inc. (A)		1,632		5,288
FMC Corp.		3,217		247,130
FutureFuel Corp.		1,208		16,187
GCP Applied Technologies, Inc. (A)		1,735		51,356
Hawkins, Inc.		308		11,344
HB Fuller Company		1,233		59,973
Huntsman Corp.		5,719		128,620
Ingevity Corp. (A)		1,041		109,940
Innophos Holdings, Inc.		539		16,245
Innospec, Inc.		558		46,509
International Flavors & Fragrances, Inc.		1,945		250,497
Intrepid Potash, Inc. (A)		3,517		13,329
Koppers Holdings, Inc. (A)		574		14,913
Kraton Corp. (A)		856		27,546
Kronos Worldwide, Inc.		2,872		40,265
Livent Corp. (A)		5,081		62,395

287

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Total Stock Market Index Trust (continued)
	Shares or Principal Amount		Value
COMMON STOCKS (continued)
Chemicals (continued)
LSB Industries, Inc. (A)		1,028	$	6,415
Minerals Technologies, Inc.		854		50,207
NewMarket Corp.		255		110,558
Olin Corp.		4,080		94,411
OMNOVA Solutions, Inc. (A)		1,269		8,908
PolyOne Corp.		2,059		60,349
PPG Industries, Inc.		5,629		635,345
PQ Group Holdings, Inc. (A)		3,575		54,233
Quaker Chemical Corp.		313		62,703
Rayonier Advanced Materials, Inc.		1,194		16,191
RPM International, Inc.		3,201		185,786
Sensient Technologies Corp.		1,100		74,569
Stepan Company		518		45,335
The Chemours Company		4,236		157,410
The Mosaic Company		8,927		243,796
The Scotts Miracle-Gro Company		1,314		103,254
The Sherwin-Williams Company		2,221		956,607
Trecora Resources (A)		757		6,881
Tredegar Corp.		935		15,091
Trinseo SA		1,082		49,015
Valhi, Inc.		8,461		19,545
Valvoline, Inc.		4,900		90,944
W.R. Grace & Company		1,558		121,586
Westlake Chemical Corp.		3,087		209,484
Westlake Chemical Partners LP		882		20,030
				11,037,462
Construction materials – 0.1%
Eagle Materials, Inc.		1,140		96,102
Forterra, Inc. (A)(B)		1,860		7,849
Martin Marietta Materials, Inc.		1,504		302,575
Summit Materials, Inc., Class A (A)		2,729		43,309
U.S. Concrete, Inc. (A)		434		17,976
United States Lime & Minerals, Inc.		156		12,031
Vulcan Materials Company		3,158		373,907
				853,749
Containers and packaging – 0.4%
AptarGroup, Inc.		1,474		156,819
Avery Dennison Corp.		2,042		230,746
Ball Corp.		8,063		466,525
Bemis Company, Inc.		2,001		111,015
Berry Global Group, Inc. (A)		3,143		169,313
Crown Holdings, Inc. (A)		3,089		168,567
Graphic Packaging Holding Company		7,924		100,080
Greif, Inc., Class A		1,170		48,263
International Paper Company		9,521		440,537
Myers Industries, Inc.		844		14,441
Owens-Illinois, Inc.		3,728		70,757
Packaging Corp. of America		2,229		221,518
Sealed Air Corp.		3,749		172,679
Silgan Holdings, Inc.		2,764		81,897
Sonoco Products Company		2,282		140,411
UFP Technologies, Inc. (A)		258		9,649
Westrock Company		6,019		230,829
				2,834,046
Metals and mining – 0.5%
AK Steel Holding Corp. (A)(B)		8,642		23,766
Alcoa Corp. (A)		4,551		128,156
Allegheny Technologies, Inc. (A)		3,204		81,926
Ampco-Pittsburgh Corp. (A)		449		1,482
Carpenter Technology Corp.		1,110		50,894
Century Aluminum Company (A)		2,372		21,063
Cleveland-Cliffs, Inc. (B)		6,947		69,401
Coeur Mining, Inc. (A)		5,000		20,400
Commercial Metals Company		2,807		47,944

Total Stock Market Index Trust (continued)
	Shares or Principal Amount		Value
COMMON STOCKS (continued)
Metals and mining (continued)
Compass Minerals International, Inc.		807	$	43,877
Freeport-McMoRan, Inc.		34,525		445,027
Haynes International, Inc.		347		11,392
Hecla Mining Company		9,094		20,916
Kaiser Aluminum Corp.		390		40,845
Materion Corp.		542		30,927
Newmont Mining Corp.		12,743		455,817
Nucor Corp.		7,350		428,873
Olympic Steel, Inc.		377		5,983
Pan American Silver Corp.		1,395		18,484
Ramaco Resources, Inc. (A)		1,284		7,447
Reliance Steel & Aluminum Company		1,611		145,409
Royal Gold, Inc.		1,614		146,761
Ryerson Holding Corp. (A)		1,026		8,783
Schnitzer Steel Industries, Inc., Class A		739		17,736
Southern Copper Corp.		18,295		725,946
Steel Dynamics, Inc.		5,426		191,375
SunCoke Energy Partners LP		1,313		16,347
SunCoke Energy, Inc. (A)		1,814		15,401
TimkenSteel Corp. (A)		1,209		13,130
United States Steel Corp.		4,267		83,164
Universal Stainless & Alloy Products, Inc. (A)		44		729
Warrior Met Coal, Inc.		1,459		44,354
Worthington Industries, Inc.		1,542		57,547
				3,421,302
Paper and forest products – 0.0%
Boise Cascade Company		875		23,415
Clearwater Paper Corp. (A)		458		8,922
Louisiana-Pacific Corp.		3,357		81,844
Neenah, Inc.		462		29,734
PH Glatfelter Company		1,214		17,142
Schweitzer-Mauduit International, Inc.		846		32,757
Verso Corp., Class A (A)		923		19,771
				213,585
				18,360,144
Real estate – 3.9%
Equity real estate investment trusts – 3.7%
Acadia Realty Trust		1,987		54,185
Agree Realty Corp.		771		53,461
Alexander & Baldwin, Inc. (A)		1,921		48,870
Alexander’s, Inc.		128		48,150
Alexandria Real Estate Equities, Inc.		2,535		361,390
American Assets Trust, Inc.		1,312		60,168
American Campus Communities, Inc.		3,361		159,916
American Homes 4 Rent, Class A		7,262		164,993
American Tower Corp.		10,514		2,071,889
Americold Realty Trust		435		13,272
Apartment Investment & Management Company, A Shares		3,788		190,499
Apple Hospitality REIT, Inc.		5,697		92,861
Armada Hoffler Properties, Inc.		1,229		19,160
Ashford Hospitality Trust, Inc.		2,875		13,656
AvalonBay Communities, Inc.		3,175		637,318
Bluerock Residential Growth REIT, Inc.		692		7,460
Boston Properties, Inc.		3,609		483,173
Braemar Hotels & Resorts, Inc.		978		11,941
Brandywine Realty Trust		4,317		68,468
Brixmor Property Group, Inc.		7,444		136,746
BRT Apartments Corp.		103		1,430
Camden Property Trust		2,274		230,811
CareTrust REIT, Inc.		2,093		49,102
CatchMark Timber Trust, Inc., Class A		1,240		12,177
CBL & Associates Properties, Inc.		4,721		7,318

288

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (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)
Cedar Realty Trust, Inc.		2,623	$	8,918
Chatham Lodging Trust		1,057		20,337
Chesapeake Lodging Trust		1,636		45,497
CIM Commercial Trust Corp.		1,011		18,491
Clipper Realty, Inc.		674		9,025
Colony Capital, Inc.		13,622		72,469
Columbia Property Trust, Inc.		3,009		67,733
Community Healthcare Trust, Inc.		472		16,940
CoreCivic, Inc.		2,856		55,549
CorEnergy Infrastructure Trust, Inc.		318		11,687
CoreSite Realty Corp.		848		90,753
Corporate Office Properties Trust		2,431		66,366
Cousins Properties, Inc.		10,618		102,570
Crown Castle International Corp.		9,901		1,267,328
CubeSmart		4,630		148,345
CyrusOne, Inc.		2,369		124,230
DiamondRock Hospitality Company		5,391		58,385
Digital Realty Trust, Inc.		4,967		591,073
Douglas Emmett, Inc.		4,246		171,623
Duke Realty Corp.		8,838		270,266
Easterly Government Properties, Inc.		1,051		18,929
EastGroup Properties, Inc.		845		94,336
Empire State Realty Trust, Inc., Class A		4,008		63,326
EPR Properties		1,892		145,495
Equinix, Inc.		1,933		875,958
Equity Commonwealth		2,866		93,690
Equity LifeStyle Properties, Inc.		2,189		250,203
Equity Residential		8,657		652,045
Essex Property Trust, Inc.		1,576		455,842
Extra Space Storage, Inc.		3,065		312,354
Farmland Partners, Inc.		930		5,952
Federal Realty Investment Trust		1,787		246,338
First Industrial Realty Trust, Inc.		3,029		107,105
Four Corners Property Trust, Inc.		1,372		40,611
Franklin Street Properties Corp.		2,261		16,257
Front Yard Residential Corp.		1,524		14,127
Gaming and Leisure Properties, Inc.		5,410		208,664
Getty Realty Corp.		1,063		34,048
Gladstone Commercial Corp.		793		16,471
Gladstone Land Corp.		554		7,008
Global Medical REIT, Inc.		854		8,386
Global Net Lease, Inc.		1,726		32,621
Hannon Armstrong Sustainable Infrastructure Capital, Inc.		1,459		37,409
HCP, Inc.		11,238		351,749
Healthcare Realty Trust, Inc.		3,141		100,858
Healthcare Trust of America, Inc., Class A		5,200		148,668
Hersha Hospitality Trust		1,116		19,128
Highwoods Properties, Inc.		2,513		117,558
Hospitality Properties Trust		4,001		105,266
Host Hotels & Resorts, Inc.		17,792		336,269
Hudson Pacific Properties, Inc.		4,020		138,368
Independence Realty Trust, Inc.		2,197		23,706
Industrial Logistics Properties Trust		1,112		22,429
InfraREIT, Inc.		1,243		26,066
Investors Real Estate Trust		349		20,909
Invitation Homes, Inc.		12,886		313,516
Iron Mountain, Inc.		6,796		240,986
iStar, Inc.		1,236		10,407
JBG SMITH Properties		2,987		123,512
Jernigan Capital, Inc.		373		7,848
Kilroy Realty Corp.		2,467		187,393
Kimco Realty Corp.		10,721		198,339
Kite Realty Group Trust		2,345		37,497

Total Stock Market Index Trust (continued)
	Shares or Principal Amount		Value
COMMON STOCKS (continued)
Equity real estate investment trusts (continued)
Lamar Advertising Company, Class A		2,477	$	196,327
Lexington Realty Trust		5,762		52,204
Liberty Property Trust		3,654		176,927
Life Storage, Inc.		1,172		114,000
LTC Properties, Inc.		1,078		49,372
Mack-Cali Realty Corp.		2,128		47,242
MedEquities Realty Trust, Inc.		797		8,871
Medical Properties Trust, Inc.		9,369		173,420
MGM Growth Properties LLC, Class A		1,791		57,760
Mid-America Apartment Communities, Inc.		2,759		301,641
Monmouth Real Estate Investment Corp.		2,045		26,953
National Health Investors, Inc.		1,008		79,178
National Retail Properties, Inc.		3,888		215,356
National Storage Affiliates Trust		1,224		34,896
New Senior Investment Group, Inc.		2,354		12,829
New York REIT Liquidating LLC (A)(C)		457		8,344
NexPoint Residential Trust, Inc.		612		23,464
NorthStar Realty Europe Corp.		1,568		27,220
Office Properties Income Trust		1,248		34,495
Omega Healthcare Investors, Inc.		5,077		193,688
One Liberty Properties, Inc.		540		15,660
Outfront Media, Inc.		3,460		80,964
Paramount Group, Inc.		6,103		86,602
Park Hotels & Resorts, Inc.		5,302		164,786
Pebblebrook Hotel Trust		3,537		109,859
Pennsylvania Real Estate Investment Trust		1,986		12,492
Physicians Realty Trust		4,378		82,350
Piedmont Office Realty Trust, Inc., Class A		3,620		75,477
PotlatchDeltic Corp.		1,692		63,941
Preferred Apartment Communities, Inc., Class A		891		13,205
Prologis, Inc.		15,020		1,080,689
PS Business Parks, Inc.		674		105,703
Public Storage		4,096		892,027
QTS Realty Trust, Inc., Class A		1,322		59,477
Rayonier, Inc.		3,293		103,795
Realty Income Corp.		7,016		516,097
Regency Centers Corp.		4,287		289,330
Retail Opportunity Investments Corp.		2,606		45,188
Retail Properties of America, Inc., Class A		5,774		70,385
Retail Value, Inc.		474		14,775
Rexford Industrial Realty, Inc.		1,943		69,579
RLJ Lodging Trust		4,400		77,308
RPT Realty		2,198		26,398
Ryman Hospitality Properties, Inc.		1,293		106,336
Sabra Health Care REIT, Inc.		4,490		87,420
Safehold, Inc.		490		10,687
Saul Centers, Inc.		635		32,620
SBA Communications Corp. (A)		2,733		545,671
Senior Housing Properties Trust		6,130		72,211
Seritage Growth Properties, Class A		961		42,707
Simon Property Group, Inc.		7,350		1,339,244
SITE Centers Corp.		4,620		62,924
SL Green Realty Corp.		2,084		187,393
Spirit MTA REIT		1,158		7,515
Spirit Realty Capital, Inc.		2,317		92,054
STAG Industrial, Inc.		2,541		75,341
STORE Capital Corp.		4,881		163,514
Summit Hotel Properties, Inc.		2,834		32,336
Sun Communities, Inc.		2,000		237,040
Sunstone Hotel Investors, Inc.		5,628		81,043

289

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (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)
Tanger Factory Outlet Centers, Inc.		2,303	$	48,317
Taubman Centers, Inc.		1,568		82,916
Terreno Realty Corp.		1,416		59,529
The Macerich Company		3,496		151,552
Tier REIT, Inc.		1,353		38,777
UDR, Inc.		6,502		295,581
UMH Properties, Inc.		958		13,489
Uniti Group, Inc.		4,409		49,337
Universal Health Realty Income Trust		377		28,543
Urban Edge Properties		2,827		53,713
Urstadt Biddle Properties, Inc., Class A		1,239		25,573
Ventas, Inc.		8,496		542,130
VEREIT, Inc.		24,670		206,488
VICI Properties, Inc.		4,828		105,637
Vornado Realty Trust		4,533		305,706
Washington Prime Group, Inc.		5,126		28,962
Washington Real Estate Investment Trust		2,124		60,279
Weingarten Realty Investors		3,295		96,774
Welltower, Inc.		8,969		695,994
Weyerhaeuser Company		18,040		475,174
Whitestone REIT		991		11,912
Winthrop Realty Trust (A)(C)		1,052		1,273
WP Carey, Inc.		2,710		212,274
Xenia Hotels & Resorts, Inc.		2,922		64,021
				27,203,927
Real estate management and development – 0.2%
CBRE Group, Inc., Class A (A)		8,134		402,226
Consolidated-Tomoka Land Company		170		10,039
Five Point Holdings LLC, Class A (A)		3,940		28,407
Forestar Group, Inc. (A)		1,153		19,935
FRP Holdings, Inc. (A)		280		13,320
HFF, Inc., Class A		1,055		50,376
Jones Lang LaSalle, Inc.		1,086		167,439
Kennedy-Wilson Holdings, Inc.		4,047		86,565
Landmark Infrastructure Partners LP		598		10,142
Marcus & Millichap, Inc. (A)		1,054		42,929
Maui Land & Pineapple Company, Inc. (A)		514		5,875
Newmark Group, Inc., Class A		4,365		36,404
Rafael Holdings, Inc., Class B (A)		333		4,212
RE/MAX Holdings, Inc., Class A		477		18,384
Redfin Corp. (A)(B)		2,050		41,554
Tejon Ranch Company (A)		613		10,789
The Howard Hughes Corp. (A)		1,074		118,140
The RMR Group, Inc., Class A		720		43,906
The St. Joe Company (A)		1,562		25,757
				1,136,399
				28,340,326
Utilities – 3.0%
Electric utilities – 1.7%
ALLETE, Inc.		1,285		105,666
Alliant Energy Corp.		5,696		268,452
American Electric Power Company, Inc.		11,685		978,619
Avangrid, Inc.		7,447		374,956
Duke Energy Corp.		16,630		1,496,700
Edison International		7,749		479,818
El Paso Electric Company		968		56,938
Entergy Corp.		4,427		423,354
Evergy, Inc.		6,458		374,887
Eversource Energy		7,524		533,828
Exelon Corp.		23,072		1,156,599
FirstEnergy Corp.		11,386		473,771
Genie Energy, Ltd., B Shares		1,221		10,379
Hawaiian Electric Industries, Inc.		2,774		113,096

Total Stock Market Index Trust (continued)
	Shares or Principal Amount		Value
COMMON STOCKS (continued)
Electric utilities (continued)
IDACORP, Inc.		1,215	$	120,941
MGE Energy, Inc.		844		57,367
NextEra Energy, Inc.		11,219		2,168,857
OGE Energy Corp.		4,993		215,298
Otter Tail Corp.		958		47,728
PG&E Corp. (A)		12,417		221,023
Pinnacle West Capital Corp.		2,683		256,441
PNM Resources, Inc.		1,950		92,313
Portland General Electric Company		2,282		118,299
PPL Corp.		17,111		543,103
Spark Energy, Inc., Class A		934		8,322
The Southern Company		24,715		1,277,271
Xcel Energy, Inc.		12,058		677,780
				12,651,806
Gas utilities – 0.2%
AmeriGas Partners LP		2,238		69,087
Atmos Energy Corp.		2,305		237,254
Chesapeake Utilities Corp.		443		40,406
Ferrellgas Partners LP		2,897		3,795
National Fuel Gas Company		2,083		126,980
New Jersey Resources Corp.		2,183		108,692
Northwest Natural Holding Company		771		50,601
ONE Gas, Inc.		1,282		114,136
RGC Resources, Inc.		260		6,893
South Jersey Industries, Inc.		1,918		61,510
Southwest Gas Holdings, Inc.		1,196		98,383
Spire, Inc.		1,183		97,349
Star Group LP		997		9,571
Suburban Propane Partners LP		1,457		32,651
UGI Corp.		4,228		234,316
				1,291,624
Independent power and renewable electricity producers – 0.1%
AES Corp.		16,348		295,572
Atlantic Power Corp. (A)		3,721		9,377
NextEra Energy Partners LP (B)		1,308		61,005
NRG Energy, Inc.		7,075		300,546
Ormat Technologies, Inc.		1,272		70,151
TerraForm Power, Inc., Class A		3,859		53,023
Vistra Energy Corp.		12,100		314,963
				1,104,637
Multi-utilities – 0.9%
Ameren Corp.		5,948		437,475
Avista Corp.		1,598		64,911
Black Hills Corp.		1,338		99,106
CenterPoint Energy, Inc.		10,638		326,587
CMS Energy Corp.		6,885		382,393
Consolidated Edison, Inc.		6,455		547,449
Dominion Energy, Inc.		18,538		1,421,123
DTE Energy Company		4,343		541,746
MDU Resources Group, Inc.		4,826		124,656
NiSource, Inc.		8,259		236,703
NorthWestern Corp.		1,169		82,309
Public Service Enterprise Group, Inc.		12,114		719,693
Sempra Energy		6,305		793,547
Unitil Corp.		380		20,585
WEC Energy Group, Inc.		7,651		605,041
				6,403,324
Water utilities – 0.1%
American States Water Company		858		61,175
American Water Works Company, Inc.		3,953		412,140
Aqua America, Inc.		4,212		153,485
AquaVenture Holdings, Ltd. (A)		770		14,900
Artesian Resources Corp., Class A		244		9,094

290

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Total Stock Market Index Trust (continued)
	Shares or Principal Amount		Value
COMMON STOCKS (continued)
Water utilities (continued)
Cadiz, Inc. (A)		630	$	6,098
California Water Service Group		1,119		60,739
Connecticut Water Service, Inc.		314		21,556
Global Water Resources, Inc.		799		7,838
Middlesex Water Company		449		25,140
Pure Cycle Corp. (A)		995		9,811
SJW Group		551		34,019
The York Water Company		354		12,149
				828,144
				22,279,535
TOTAL COMMON STOCKS (Cost $380,063,748)			$	725,917,539
PREFERRED SECURITIES – 0.0%
Communication services – 0.0%
Media – 0.0%
GCI Liberty, Inc., 7.000%		198		4,857
Industrials – 0.0%
Industrial conglomerates – 0.0%
Steel Partners Holdings LP, 6.000%		630		13,627
TOTAL PREFERRED SECURITIES (Cost $14,563)			$	18,484
RIGHTS – 0.0%
Pan American Silver Corp. (Expiration Date: 2-22-29) (A)(C)(D)		7,232		1,864
TOTAL RIGHTS (Cost $6,508)			$	1,864
WARRANTS – 0.0%
Amplify Energy Corp. (Expiration Date: 5-4-22; Strike Price: $42.60) (A)		57		1
Basic Energy Services, Inc. (Expiration Date: 12-22-23; Strike Price: $55.25) (A)		55		1
Bonanza Creek Energy, Inc. (Expiration Date: 4-28-20; Strike Price: $71.23) (A)		46		1
C&J Energy Services, Inc. (Expiration Date: 1-6-24; Strike Price: $27.95) (A)		29		29
Genco Shipping & Trading, Ltd. (Expiration Date: 7-9-21; Strike Price: $20.99) (A)		92		26
Hycroft Mining Corp. (Expiration Date: 10-12-22) (A)(D)		196		8
Key Energy Services, Inc. (Expiration Date: 12-15-20) (A)(D)		20		3
Key Energy Services, Inc. (Expiration Date: 12-15-21) (A)(D)		20		7
SilverBow Resources, Inc. (Expiration Date: 4-22-20; Strike Price: $86.18) (A)		50		10
Talos Energy, Inc. (Expiration Date: 2-28-21; Strike Price: $42.04) (A)		80		303

Total Stock Market Index Trust (continued)
	Shares or Principal Amount		Value
WARRANTS (continued)
Tidewater, Inc., Class A (Expiration Date: 7-31-23; Strike Price: $57.06) (A)		66	$	238
Tidewater, Inc., Class B (Expiration Date: 7-31-23; Strike Price: $62.28) (A)		71		245
Vanguard Natural Resources, Inc. (Expiration Date: 2-21-21) (A)(D)		3		3
TOTAL WARRANTS (Cost $60,737)			$	875
SECURITIES LENDING COLLATERAL – 0.9%
John Hancock Collateral Trust, 2.6031% (E)(F)		670,910		6,713,666
TOTAL SECURITIES LENDING COLLATERAL (Cost $6,713,790)			$	6,713,666
SHORT-TERM INVESTMENTS – 1.7%
U.S. Government Agency – 1.6%
Federal Home Loan Bank Discount Note 2.410%, 04/04/2019*	$	12,000,000		11,997,580
Repurchase agreement – 0.1%
Repurchase Agreement with State Street Corp. dated 3-29-19 at 1.300% to be repurchased at $445,048 on 4-1-19, collateralized by $465,000 U.S. Treasury Notes, 1.125% due 9-30-21 (valued at $455,598, including interest)		445,000		445,000
TOTAL SHORT-TERM INVESTMENTS (Cost $12,442,590)			$	12,442,580
Total Investments (Total Stock Market Index Trust) (Cost $399,301,936) – 100.9%			$	745,095,008
Other assets and liabilities, net – (0.9%)				(6,565,310	)
TOTAL NET ASSETS – 100.0%			$	738,529,698

Security Abbreviations and Legend
(A)	Non-income producing security.
(B)	All or a portion of this security is on loan as of 3-31-19. The value of securities on loan amounted to $6,542,615.
(C)	Security is valued using significant unobservable inputs and is classified as Level 3 in the fair value hierarchy.
(D)	Strike price and/or expiration date not available.
(E)	The rate shown is the annualized seven-day yield as of 3-31-19.
(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		20		Long		Jun 2019	$	1,528,010	$	1,543,800	$	15,790
S&P 500 Index Futures		13		Long		Jun 2019		8,982,541		9,222,849		240,308
S&P Mid 400 Index E-Mini Futures		14		Long		Jun 2019		2,618,966		2,661,400		42,434
											$	298,532

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

See Notes to Portfolio of Investments regarding investment transactions and other derivatives information.

291

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Ultra Short Term Bond Trust
	Shares or Principal Amount		Value
U.S. GOVERNMENT AND AGENCY OBLIGATIONS – 16.0%
U.S. Government – 13.5%
U.S. Treasury Notes
1.500%, 05/31/2019 to 10/31/2019	$	20,000,000	$	19,908,229
1.625%, 04/30/2019		13,000,000		12,991,356
				32,899,585
U.S. Government Agency – 2.5%
Federal Home Loan Mortgage Corp.
2.237%, (12 month LIBOR + 1.642%), 09/01/2043 (A)		1,211,438		1,224,993
4.015%, (6 month LIBOR + 1.515%), 12/01/2035 (A)		81,518		82,905
4.197%, (12 month LIBOR + 1.447%), 06/01/2036 (A)		89,042		92,169
4.212%, (1 Year CMT + 2.231%), 05/01/2034 (A)		175,519		182,285
4.233%, (1 Year CMT + 2.165%), 11/01/2036 (A)		194,412		202,175
4.289%, (12 month LIBOR + 1.619%), 05/01/2037 (A)		142,741		148,551
4.315%, (6 month LIBOR + 1.565%), 12/01/2036 (A)		24,817		25,547
4.364%, (12 month LIBOR + 1.649%), 02/01/2036 (A)		132,679		138,341
4.545%, (1 Year CMT + 2.295%), 08/01/2035 (A)		182,892		189,509
4.576%, (1 Year CMT + 2.104%), 12/01/2035 (A)		198,331		208,395
Federal National Mortgage Association
4.133%, (6 month LIBOR + 1.486%), 10/01/2035 (A)		283,087		290,834
4.150%, (12 month LIBOR + 1.295%), 10/01/2038 (A)		107,515		111,118
4.261%, (12 month LIBOR + 1.435%), 04/01/2035 (A)		688,224		712,890
4.283%, (12 month LIBOR + 1.581%), 07/01/2035 (A)		380,559		395,836
4.357%, (6 month LIBOR + 1.529%), 02/01/2035 (A)		175,969		181,023
4.476%, (1 Year CMT + 2.268%), 07/01/2035 (A)		204,832		212,760
4.605%, (1 Year CMT + 2.178%), 01/01/2036 (A)		214,043		225,413
4.642%, (1 Year CMT + 2.206%), 01/01/2036 (A)		111,181		117,087
4.688%, (1 Year CMT + 2.186%), 05/01/2036 (A)		431,638		454,567
4.770%, (1 Year CMT + 2.333%), 05/01/2034 (A)		128,637		135,470
4.847%, (1 Year CMT + 2.194%), 02/01/2035 (A)		386,244		402,125
Government National Mortgage Association
3.750%, (1 Year CMT + 1.500%), 08/20/2032 to 08/20/2035 (A)		455,342		466,646
				6,200,639
TOTAL U.S. GOVERNMENT AND AGENCY OBLIGATIONS (Cost $39,152,775)			$	39,100,224

Ultra Short Term Bond Trust (continued)
	Shares or Principal Amount		Value
CORPORATE BONDS – 51.9%
Communication services – 4.6%
CBS Corp. 3.375%, 03/01/2022	$	3,000,000	$	3,024,033
Charter Communications Operating LLC 3.579%, 07/23/2020		2,000,000		2,014,740
NBCUniversal Media LLC 5.150%, 04/30/2020		3,000,000		3,075,566
Verizon Communications, Inc. 4.600%, 04/01/2021		3,000,000		3,113,739
				11,228,078
Consumer discretionary – 5.3%
BMW US Capital LLC 3.100%, 04/12/2021 (B)		3,000,000		3,019,056
Daimler Finance North America LLC 2.850%, 01/06/2022 (B)		2,000,000		1,990,127
Ford Motor Credit Company LLC 2.021%, 05/03/2019		3,000,000		2,997,263
General Motors Financial Company, Inc. 3.500%, 07/10/2019		2,000,000		2,003,688
Nissan Motor Acceptance Corp. 2.550%, 03/08/2021 (B)		3,000,000		2,952,636
				12,962,770
Consumer staples – 2.0%
Altria Group, Inc. 2.625%, 01/14/2020		3,000,000		2,993,206
Kraft Heinz Foods Company 2.800%, 07/02/2020		2,000,000		1,997,004
				4,990,210
Energy – 2.2%
Colonial Pipeline Company 3.500%, 10/15/2020 (B)		1,000,000		1,008,046
Kinder Morgan, Inc. 6.500%, 09/15/2020		1,190,000		1,250,422
Schlumberger Holdings Corp. 3.000%, 12/21/2020 (B)		3,000,000		3,012,277
				5,270,745
Financials – 21.7%
American Express Credit Corp. 2.375%, 05/26/2020		2,000,000		1,993,501
Ameriprise Financial, Inc. 5.300%, 03/15/2020		3,000,000		3,070,554
Bank of America Corp. 5.625%, 07/01/2020		2,000,000		2,070,522
BB&T Corp. 2.450%, 01/15/2020		2,000,000		1,995,983
Citibank NA (3 month LIBOR + 0.350%) 3.048%, 02/12/2021 (A)		610,000		610,207
Citigroup, Inc. (3 month LIBOR + 1.310%) 4.075%, 10/26/2020 (A)		695,000		704,376
Citizens Bank NA 2.250%, 03/02/2020		3,000,000		2,985,884
Cooperatieve Rabobank UA 3.125%, 04/26/2021		3,000,000		3,013,966
Discover Bank 3.100%, 06/04/2020		2,000,000		2,004,629
FS KKR Capital Corp. 4.000%, 07/15/2019		160,000		160,267
HSBC USA, Inc. 2.250%, 06/23/2019		2,500,000		2,497,033

292

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Ultra Short Term Bond Trust (continued)
	Shares or Principal Amount		Value
CORPORATE BONDS (continued)
Financials (continued)
JPMorgan Chase & Co. (3 month LIBOR + 1.100%) 3.707%, 06/07/2021 (A)	$	822,000	$	832,895
JPMorgan Chase Bank NA (3 month LIBOR + 0.290%) 3.026%, 02/01/2021 (A)		750,000		750,317
Lincoln National Corp. 6.250%, 02/15/2020		2,010,000		2,067,106
Lloyds Banking Group PLC 3.000%, 01/11/2022		2,000,000		1,988,281
MassMutual Global Funding II 2.000%, 04/15/2021 (B)		2,000,000		1,973,455
Mitsubishi UFJ Financial Group, Inc. (3 month LIBOR + 1.880%) 4.506%, 03/01/2021 (A)		2,246,000		2,300,255
Morgan Stanley 5.625%, 09/23/2019		2,057,000		2,083,609
MUFG Union Bank NA 2.250%, 05/06/2019		1,250,000		1,249,000
National Rural Utilities Cooperative Finance Corp. 2.900%, 03/15/2021		2,000,000		2,010,565
Santander Holdings USA, Inc. 4.450%, 12/03/2021		3,000,000		3,089,332
Standard Chartered PLC 2.400%, 09/08/2019 (B)		1,645,000		1,640,427
Sumitomo Mitsui Trust Bank, Ltd. 1.950%, 09/19/2019 (B)		2,000,000		1,991,976
The Bank of New York Mellon Corp. 2.300%, 09/11/2019		2,000,000		1,996,996
The Goldman Sachs Group, Inc. 5.750%, 01/24/2022		2,000,000		2,145,567
UBS AG 2.375%, 08/14/2019		3,000,000		2,996,918
Wells Fargo & Company 2.500%, 03/04/2021		3,000,000		2,985,923
				53,209,544
Health care – 5.7%
Abbott Laboratories 2.550%, 03/15/2022		3,000,000		2,987,038
Amgen, Inc. 1.900%, 05/10/2019		3,000,000		2,998,242
Anthem, Inc. 2.500%, 11/21/2020		3,000,000		2,985,097
Baxalta, Inc. 2.875%, 06/23/2020		596,000		595,213
CVS Health Corp. (3 month LIBOR + 0.720%) 3.321%, 03/09/2021 (A)		3,000,000		3,006,834
Teva Pharmaceutical Finance Netherlands III BV 1.700%, 07/19/2019		1,446,000		1,439,314
				14,011,738
Industrials – 3.6%
AerCap Ireland Capital DAC 4.250%, 07/01/2020		2,000,000		2,027,161
Caterpillar Financial Services Corp. 2.100%, 01/10/2020		2,000,000		1,991,396
General Electric Company 4.625%, 01/07/2021		2,000,000		2,053,620
Penske Truck Leasing Company LP 2.500%, 06/15/2019 (B)		2,615,000		2,611,438
				8,683,615

Ultra Short Term Bond Trust (continued)
	Shares or Principal Amount		Value
CORPORATE BONDS (continued)
Information technology – 2.2%
IBM Corp. 1.800%, 05/17/2019	$	3,000,000	$	2,996,884
NetApp, Inc. 2.000%, 09/27/2019		345,000		343,554
VMware, Inc. 2.300%, 08/21/2020		2,000,000		1,981,712
				5,322,150
Materials – 1.9%
Georgia-Pacific LLC 5.400%, 11/01/2020 (B)		2,000,000		2,079,284
The Sherwin-Williams Company 7.250%, 06/15/2019		2,500,000		2,521,696
				4,600,980
Real estate – 1.9%
SBA Tower Trust 2.898%, 10/11/2044 (B)		2,640,000		2,636,946
Simon Property Group LP 4.375%, 03/01/2021		2,000,000		2,055,560
				4,692,506
Utilities – 0.8%
Emera US Finance LP 2.150%, 06/15/2019		2,000,000		1,996,074
TOTAL CORPORATE BONDS (Cost $127,013,431)			$	126,968,410
COLLATERALIZED MORTGAGE OBLIGATIONS – 0.4%
U.S. Government Agency – 0.4%
Federal National Mortgage Association Series 2013-10, Class FT (1 month LIBOR + 0.350%) 2.836%, 04/25/2042 (A)		1,077,196		1,072,994
TOTAL COLLATERALIZED MORTGAGE OBLIGATIONS (Cost $1,079,552)			$	1,072,994
ASSET BACKED SECURITIES – 22.8%
Ally Auto Receivables Trust
Series 2017-3, Class A3 1.740%, 09/15/2021		1,211,062		1,205,004
Series 2019-1, Class A2 2.850%, 03/15/2022		2,000,000		2,002,648
American Express Credit Account Master Trust Series 2017-6, Class A 2.040%, 05/15/2023		3,000,000		2,979,196
BA Credit Card Trust Series 2017-A1, Class A1 1.950%, 08/15/2022		3,000,000		2,981,591
BMW Vehicle Owner Trust
Series 2016-A, Class A3 1.160%, 11/25/2020		366,425		364,829
Series 2018-A, Class A3 2.350%, 04/25/2022		2,000,000		1,994,238
Capital One Multi-Asset Execution Trust
Series 2015-A8, Class A8 2.050%, 08/15/2023		1,700,000		1,685,934
Series 2018-A1, Class A1 3.010%, 02/15/2024		1,500,000		1,515,100
CarMax Auto Owner Trust
Series 2016-1, Class A4 1.880%, 06/15/2021		2,140,000		2,125,272
Series 2016-2, Class A3 1.520%, 02/16/2021		634,044		631,544
Series 2017-3, Class A2A 1.640%, 09/15/2020		388,833		388,408

293

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Ultra Short Term Bond Trust (continued)
	Shares or Principal Amount		Value
ASSET BACKED SECURITIES (continued)
CCG Receivables Trust Series 2017-1, Class A2 1.840%, 11/14/2023 (B)	$	2,158,580	$	2,147,297
Chase Issuance Trust Series 2012-A4, Class A4 1.580%, 08/15/2021		3,000,000		2,988,432
Citibank Credit Card Issuance Trust Series 2014-A6, Class A6 2.150%, 07/15/2021		3,000,000		2,995,800
Discover Card Execution Note Trust Series 2012-A6, Class A6 1.670%, 01/18/2022		3,000,000		2,991,605
Enterprise Fleet Financing LLC Series 2018-3, Class A2 3.380%, 05/20/2024 (B)		313,000		315,450
Ford Credit Auto Owner Trust
Series 2015-1, Class A 2.120%, 07/15/2026 (B)		3,000,000		2,984,141
Series 2016-A, Class A4 1.600%, 06/15/2021		635,000		631,491
Series 2018-B, Class A3 3.240%, 04/15/2023		332,000		335,954
Ford Credit Floorplan Master Owner Trust Series 2017-2, Class A1 2.160%, 09/15/2022		700,000		694,536
GM Financial Consumer Automobile Receivables Trust Series 2018-1, Class A3 2.320%, 07/18/2022		1,400,000		1,394,612
GreatAmerica Leasing Receivables Funding LLC Series 2018-1, Class A3 2.600%, 06/15/2021 (B)		3,000,000		2,995,310
Honda Auto Receivables Owner Trust Series 2018-3, Class A3 2.950%, 08/22/2022		2,000,000		2,013,861
Huntington Auto Trust Series 2016-1, Class A4 1.930%, 04/15/2022		1,690,000		1,677,267
Hyundai Auto Receivables Trust Series 2016-A, Class A3 1.560%, 09/15/2020		440,849		439,997
Mercedes-Benz Auto Receivables Trust Series 2016-1, Class A4 1.460%, 12/15/2022		3,000,000		2,962,337
Nissan Auto Receivables Owner Trust
Series 2015-A, Class A4 1.500%, 09/15/2021		934,580		932,715
Series 2017-B, Class A3 1.750%, 10/15/2021		1,360,000		1,349,194
Series 2019-A, Class A2A 2.820%, 01/18/2022		2,000,000		2,002,904
Toyota Auto Receivables Owner Trust
Series 2016-A, Class A3 1.250%, 03/16/2020		168,675		168,495
Series 2019-A, Class A2A 2.830%, 10/15/2021		2,000,000		2,003,636
USAA Auto Owner Trust Series 2017-1, Class A4 1.880%, 09/15/2022		3,355,000		3,317,641
World Omni Auto Receivables Trust Series 2018-D, Class A3 3.330%, 04/15/2024		650,000		662,093
TOTAL ASSET BACKED SECURITIES (Cost $55,755,047)			$	55,878,532

Ultra Short Term Bond Trust (continued)
	Shares or Principal Amount		Value
SHORT-TERM INVESTMENTS – 4.7%
U.S. Government – 3.7%
U.S. Treasury Bill 2.402%, 04/11/2019*	$	9,000,000	$	8,994,030
U.S. Government Agency – 1.0%
Federal Home Loan Bank Discount Note 2.250%, 04/01/2019*	$	2,560,000		2,560,000
Money market funds – 0.0%
State Street Institutional U.S. Government Money Market Fund, Premier Class, 2.3851% (C)		5,513		5,513
TOTAL SHORT-TERM INVESTMENTS (Cost $11,559,507)			$	11,559,543
Total Investments (Ultra Short Term Bond Trust) (Cost $234,560,312) – 95.8%			$	234,579,703
Other assets and liabilities, net – 4.2%				10,183,737
TOTAL NET ASSETS – 100.0%			$	244,763,440

Security Abbreviations and Legend

CMT	Constant Maturity Treasury
LIBOR	London Interbank Offered 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 $33,357,866 or 13.6% of the fund’s net assets as of 3-31-19.
(C)	The rate shown is the annualized seven-day yield as of 3-31-19.
*	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.

Utilities Trust

	Shares or Principal Amount		Value
COMMON STOCKS – 90.5%
Communication services – 16.0%
Diversified telecommunication services – 5.5%
Cellnex Telecom SA (A)(B)		124,763	$	3,662,772
Hellenic Telecommunications Organization SA		184,842		2,475,396
Koninklijke KPN NV		647,142		2,054,268
Orange SA		165,529		2,698,628
Telesites SAB de CV (B)		958,000		618,916
TELUS Corp.		100,551		3,721,519
				15,231,499
Media – 5.8%
Altice USA, Inc., Class A		246,281		5,290,116
Charter Communications, Inc., Class A (B)		6,256		2,170,269
Comcast Corp., Class A		147,389		5,892,612
NOS SGPS SA		385,736		2,467,460
				15,820,457
Wireless telecommunication services – 4.7%
Advanced Info Service PCL, Foreign Quota Shares		238,000		1,382,154
KDDI Corp.		77,300		1,664,832
Millicom International Cellular SA		52,089		3,163,446
Millicom International Cellular SA		4,513		276,512
Mobile TeleSystems PJSC, ADR		175,136		1,324,028
Tele2 AB, B Shares		289,729		3,865,931

294

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Utilities Trust (continued)
	Shares or Principal Amount		Value
COMMON STOCKS (continued)
Wireless telecommunication services (continued)
XL Axiata Tbk PT (B)		6,358,550	$	1,207,096
				12,883,999
				43,935,955
Energy – 14.6%
Oil, gas and consumable fuels – 14.6%
Cheniere Energy, Inc. (B)		68,571		4,687,514
Enable Midstream Partners LP		55,735		798,125
Enbridge, Inc.		142,792		5,171,649
Energy Transfer LP		107,083		1,645,866
Enterprise Products Partners LP		220,099		6,404,881
EQM Midstream Partners LP (C)		78,342		3,617,050
Equitrans Midstream Corp.		74,807		1,629,296
Plains All American Pipeline LP		22,835		559,686
Plains GP Holdings LP, Class A (B)		65,243		1,625,856
The Williams Companies, Inc.		152,366		4,375,952
TransCanada Corp.		145,157		6,519,492
Western Midstream Partners LP		90,950		2,852,192
				39,887,559
Real estate – 1.9%
Equity real estate investment trusts – 1.9%
American Tower Corp.		26,593		5,240,417
Utilities – 58.0%
Electric utilities – 31.4%
American Electric Power Company, Inc.		92,723		7,765,551
Avangrid, Inc.		10,422		524,748
Duke Energy Corp.		37,557		3,380,130
Edison International		45,884		2,841,137
EDP - Energias de Portugal SA		173,527		682,725
Emera, Inc.		80,624		3,014,765
Enel Americas SA, ADR		78,111		697,531
Enel SpA		1,083,672		6,943,958
Entergy Corp.		75,905		7,258,795
Equatorial Energia SA		25,000		510,810
Evergy, Inc.		81,532		4,732,933
Eversource Energy		11,641		825,929
Exelon Corp.		277,706		13,921,395
FirstEnergy Corp.		201,178		8,371,017
Iberdrola SA		740,866		6,504,630
NextEra Energy, Inc.		54,027		10,444,500
Orsted A/S (A)		1,792		135,924
PPL Corp.		86,396		2,742,209
SSE PLC		306,834		4,747,278
				86,045,965
Gas utilities – 2.7%
AltaGas, Ltd. (C)		164,926		2,170,875
APA Group		165,017		1,171,391
China Resources Gas Group, Ltd.		824,000		3,890,068
Italgas SpA		21,079		130,249
				7,362,583
Independent power and renewable electricity producers – 12.4%
AES Corp.		183,398		3,315,836
Clearway Energy, Inc., Class A		62,927		914,959
EDP Renovaveis SA		1,381,921		13,203,538
NextEra Energy Partners LP (C)		69,176		3,226,369
NRG Energy, Inc.		140,142		5,953,232
NTPC, Ltd.		681,403		1,329,389
Vistra Energy Corp.		232,726		6,057,858
				34,001,181
Multi-utilities – 11.2%
Algonquin Power & Utilities Corp.		11,809		132,816
CenterPoint Energy, Inc.		200,053		6,141,627

Utilities Trust (continued)
	Shares or Principal Amount		Value
COMMON STOCKS (continued)
Multi-utilities (continued)
Dominion Energy, Inc.		44,713	$	3,427,699
NiSource, Inc.		98,871		2,833,643
Public Service Enterprise Group, Inc.		136,216		8,092,593
RWE AG		126,877		3,406,929
Sempra Energy		53,496		6,733,007
				30,768,314
Water utilities – 0.3%
Cia de Saneamento Basico do Estado de Sao Paulo		75,700		812,035
				158,990,078
TOTAL COMMON STOCKS (Cost $212,161,154)			$	248,054,009
PREFERRED SECURITIES – 5.1%
Utilities – 5.1%
Electric utilities – 1.5%
American Electric Power Company, Inc., 6.125%		4,650		239,243
NextEra Energy, Inc., 6.123%		62,296		3,853,631
				4,092,874
Gas utilities – 0.5%
South Jersey Industries, Inc., 7.250%		25,020		1,290,532
Independent power and renewable electricity producers – 0.7%
Vistra Energy Corp., 7.000%		20,156		1,986,575
Multi-utilities – 2.4%
CenterPoint Energy, Inc., 7.000%		13,591		718,148
Dominion Energy, Inc., 6.750%		58,360		2,913,331
Sempra Energy, 6.000%		13,847		1,463,628
Sempra Energy, 6.750%		13,883		1,473,819
				6,568,926
				13,938,907
TOTAL PREFERRED SECURITIES (Cost $12,746,271)			$	13,938,907
SECURITIES LENDING COLLATERAL – 2.4%
John Hancock Collateral Trust, 2.6031% (D)(E)		659,249		6,596,972
TOTAL SECURITIES LENDING COLLATERAL (Cost $6,597,214)			$	6,596,972
SHORT-TERM INVESTMENTS – 3.4%
Money market funds – 3.4%
State Street Institutional Treasury Money Market Fund, Premier Class, 2.3489% (D)		9,359,980		9,359,980
TOTAL SHORT-TERM INVESTMENTS (Cost $9,359,980)			$	9,359,980
Total Investments (Utilities Trust) (Cost $240,864,619) – 101.4%			$	277,949,868
Other assets and liabilities, net – (1.4%)				(3,866,207	)
TOTAL NET ASSETS – 100.0%			$	274,083,661

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 3-31-19. The value of securities on loan amounted to $6,401,204.

(D) The rate shown is the annualized seven-day yield as of 3-31-19.

(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.

295

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Utilities Trust (continued)

DERIVATIVES

FORWARD FOREIGN CURRENCY CONTRACTS

Contract to buy		Contract to sell		Counterparty (OTC)	Contractual settlement date		Unrealized appreciation		Unrealized depreciation
CAD	146,254	USD	110,097	Citibank N.A.		4/12/2019		—	($	623	)
CAD	576,176	USD	429,285	Merrill Lynch International		4/12/2019	$	1,995		—
EUR	25,186	USD	28,649	BNP Paribas SA		4/12/2019		—		(372	)
EUR	488,229	USD	557,567	Citibank N.A.		4/12/2019		—		(9,430	)
EUR	218,720	USD	252,342	JPMorgan Chase Bank N.A.		4/12/2019		—		(6,784	)
EUR	737,098	USD	832,676	Merrill Lynch International		4/12/2019		—		(5,133	)
GBP	71,286	USD	94,377	BNP Paribas SA		4/12/2019		—		(1,483	)
USD	168,669	CAD	224,085	Barclays Bank PLC Wholesale		4/12/2019		936		—
USD	586,366	CAD	786,000	BNP Paribas SA		4/12/2019		—		(1,972	)
USD	6,347,554	CAD	8,435,968	Citibank N.A.		4/12/2019		33,046		—
USD	102,241	CAD	135,481	Goldman Sachs International		4/12/2019		831		—
USD	765,191	CAD	1,006,529	JPMorgan Chase Bank N.A.		4/12/2019		11,781		—
USD	66,790	CAD	88,891	Merrill Lynch International		4/12/2019		254		—
USD	5,218,312	CAD	6,938,155	Morgan Stanley Capital Services, Inc.		4/12/2019		24,951		—
USD	23	EUR	20	Barclays Bank PLC Wholesale		4/12/2019		1		—
USD	1,311,003	EUR	1,167,000	BNP Paribas SA		4/12/2019		808		—
USD	212,124	EUR	188,358	Citibank N.A.		4/12/2019		654		—
USD	1,086,259	EUR	939,704	Deutsche Bank AG London		4/12/2019		31,249		—
USD	891,506	EUR	770,555	Goldman Sachs International		4/12/2019		26,401		—
USD	18,740,873	EUR	16,211,761	JPMorgan Chase Bank N.A.		4/12/2019		539,862		—
USD	1,313,692	EUR	1,163,159	Merrill Lynch International		4/12/2019		7,809		—
USD	5,946,407	EUR	5,209,182	JPMorgan Chase Bank N.A.		6/17/2019		65,499		—
USD	113,721	GBP	86,596	BNP Paribas SA		4/12/2019		876		—
USD	2,747,848	GBP	2,142,538	JPMorgan Chase Bank N.A.		4/12/2019		—		(44,126	)
USD	157,475	GBP	121,000	Merrill Lynch International		4/12/2019		—		(202	)
USD	1,809,896	SEK	16,799,493	BNP Paribas SA		4/12/2019		1,631		—
USD	1,395,640	SEK	12,938,771	Citibank N.A.		4/12/2019		2,936		—
USD	456,307	SEK	4,214,596	JPMorgan Chase Bank N.A.		4/12/2019		2,656		—
USD	593,246	SEK	5,531,657	Merrill Lynch International		4/12/2019		—		(2,171	)
USD	142,896	SEK	1,317,005	Morgan Stanley Capital Services, Inc.		4/12/2019		1,134		—
							$	755,310	($	72,296	)

Derivatives Currency Abbreviations
CAD	Canadian Dollar
EUR	Euro
GBP	Pound Sterling
SEK	Swedish Krona
USD	U.S. Dollar
Derivatives Abbreviations
OTC	Over-the-counter

See Notes to Portfolio of Investments regarding investment transactions and other derivatives information.

296

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Subadvisors of Affiliated Underlying Funds
Aberdeen Standard Investments Inc.	(Aberdeen)
Dimensional Fund Advisors, LP	(DFA)
Jennison Associates LLC	(Jennison)
John Hancock Asset Management	(JHAM)
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 3-31-19:

Capital Appreciation Trust
United States	86.1	%
China	6.2	%
France	3.2	%
United Kingdom	1.8	%
Canada	1.4	%
Netherlands	1.3	%
TOTAL	100.0	%
Financial Industries Trust
United States	83.2	%
United Kingdom	5.7	%
Bermuda	2.3	%
Spain	1.8	%
Switzerland	1.7	%
France	1.5	%
Norway	1.2	%
Other countries	2.6	%
TOTAL	100.0	%
Health Sciences Trust
United States	89.0	%
Switzerland	3.4	%
United Kingdom	1.9	%
Netherlands	1.4	%
Japan	1.1	%
Ireland	1.0	%
Denmark	1.0	%
Other countries	1.2	%
TOTAL	100.0	%
High Yield Trust
United States	73.3	%
Cayman Islands	6.7	%
Canada	4.9	%
United Kingdom	3.3	%
Netherlands	2.3	%
France	1.9	%
Luxembourg	1.5	%
Other countries	6.1	%
TOTAL	100.0	%
Investment Quality Bond Trust (as a percentage of total investments)
United States	83.8	%
Cayman Islands	8.3	%
United Kingdom	1.1	%
Other countries	6.8	%
TOTAL	100.0	%
Mid Value Trust
United States	85.6	%
Canada	6.7	%
Ireland	2.6	%
Denmark	1.6	%
Other countries	3.5	%
TOTAL	100.0	%

Mutual Shares Trust
United States	82.2	%
United Kingdom	5.8	%
Switzerland	4.3	%
Ireland	3.6	%
Netherlands	2.5	%
South Korea	1.6	%
TOTAL	100.0	%
Science & Technology Trust
United States	83.5	%
China	5.7	%
South Korea	3.3	%
Germany	2.0	%
South Africa	1.3	%
Netherlands	1.3	%
Russia	1.2	%
Other countries	1.7	%
TOTAL	100.0	%
Small Cap Value Trust
United States	89.5	%
United Kingdom	4.4	%
India	2.1	%
Luxembourg	1.7	%
Ireland	1.5	%
Other countries	0.8	%
TOTAL	100.0	%
Strategic Equity Allocation Trust
United States	66.7	%
Japan	7.6	%
United Kingdom	5.4	%
France	3.5	%
Switzerland	3.2	%
Germany	2.7	%
Australia	2.2	%
Netherlands	1.5	%
Hong Kong	1.3	%
Other countries	5.9	%
TOTAL	100.0	%

297

John Hancock Variable Insurance Trust

Portfolio of Investments — March 31, 2019 (unaudited) (showing percentage of total net assets)

Strategic Income Opportunities Trust
United States	60.7	%
Canada	6.1	%
Indonesia	4.3	%
Supranational	3.8	%
Philippines	2.5	%
Ireland	2.4	%
Brazil	2.4	%
Germany	2.1	%
Singapore	1.7	%
Malaysia	1.6	%
Other countries	12.4	%
TOTAL	100.0	%

Utilities Trust
United States	66.5	%
Spain	8.5	%
Canada	7.6	%
Italy	2.6	%
United Kingdom	1.7	%
Hong Kong	1.4	%
Sweden	1.4	%
Luxembourg	1.3	%
Germany	1.2	%
Portugal	1.1	%
Other countries	6.7	%
TOTAL	100.0	%

The following portfolios had the following sector composition as a percentage of net assets on 3-31-19:

Emerging Markets Value Trust
Financials	30.2	%
Energy	16.7	%
Materials	16.2	%
Industrials	8.9	%
Consumer discretionary	7.4	%
Information technology	6.1	%
Real estate	3.9	%
Communication services	3.7	%
Consumer staples	2.9	%
Utilities	1.6	%
Health care	1.0	%
Short-term investments and other	1.4	%
TOTAL	100.0	%
Global Trust
Financials	19.7	%
Health care	19.4	%
Communication services	13.6	%
Energy	11.6	%
Consumer staples	8.7	%
Industrials	8.1	%
Information technology	5.6	%
Consumer discretionary	4.5	%
Utilities	2.9	%
Materials	2.5	%
Real estate	1.2	%
Short-term investments and other	2.2	%
TOTAL	100.0	%
International Equity Index Trust
Financials	22.2	%
Industrials	11.2	%
Consumer discretionary	10.7	%
Consumer staples	9.8	%
Information technology	8.3	%
Energy	7.5	%
Health care	7.4	%
Materials	7.3	%
Communication services	6.9	%
Utilities	3.4	%
Real estate	3.0	%
Short-term investments and other	2.3	%
TOTAL	100.0	%

International Growth Stock Trust
Financials	19.5	%
Consumer staples	18.7	%
Industrials	15.3	%
Information technology	14.7	%
Consumer discretionary	8.8	%
Health care	4.8	%
Energy	4.5	%
Communication services	4.2	%
Materials	3.1	%
Short-term investments and other	6.4	%
TOTAL	100.0	%
International Small Company Trust
Industrials	24.6	%
Consumer discretionary	13.8	%
Financials	12.4	%
Materials	10.3	%
Information technology	8.7	%
Communication services	5.2	%
Consumer staples	5.1	%
Health care	5.1	%
Real estate	5.0	%
Energy	4.8	%
Utilities	3.7	%
Short-term investments and other	1.3	%
TOTAL	100.0	%
International Value Trust
Financials	21.9	%
Energy	14.4	%
Health care	13.9	%
Communication services	10.8	%
Materials	8.8	%
Industrials	7.9	%
Information technology	7.4	%
Consumer discretionary	5.4	%
Consumer staples	2.7	%
Utilities	2.5	%
Real estate	1.1	%
Short-term investments and other	3.2	%
TOTAL	100.0	%

298

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 and closed-end funds, held by the portfolios 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. Except for investments in exchange-traded funds, investments by the portfolios in open-end mutual funds, including John Hancock Collateral Trust, are valued at their respective NAVs each business day. Debt obligations are typically valued based on the 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. Options listed on an exchange are valued at the mid-price of the last quoted bid and ask prices from the primary exchange where the option trades. Swaps and unlisted options are generally valued using evaluated prices obtained from an independent pricing vendor. 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. 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. 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.

As of March 31, 2019, all investments of American Asset Allocation Trust, American Global Growth Trust, American Growth Trust, American Growth-Income Trust, American International Trust, Lifestyle Aggressive Portfolio, Lifestyle Balanced Portfolio, Lifestyle Conservative Portfolio, Lifestyle Growth Portfolio, Lifestyle Moderate Portfolio, Real Estate Securities Trust and Small Company Value Trust are categorized as Level 1 under the hierarchy described above.

All investments of 500 Index Trust and Mid Cap Index Trust are categorized as Level 1 under the hierarchy described above, except for repurchase agreements and discount notes which are categorized as Level 2.

All investments of Managed Volatility Aggressive Portfolio, Managed Volatility Balanced Portfolio, Managed Volatility Conservative Portfolio, Managed Volatility Growth Portfolio and Managed Volatility Moderate Portfolio are categorized as Level 1 under the hierarchy described above, except for commercial paper and U.S. Government and Agency securities which are categorized as Level 2.

All investments of Short Term Government Income Trust are categorized as Level 2 under the hierarchy described above.

All investments of Select Bond Trust are categorized as Level 2 under the hierarchy described above, except for securities lending collateral which is categorized as Level 1.

All investments of Ultra Short Term Bond Trust are categorized as Level 2 under the hierarchy described above, except for money market funds which are categorized as Level 1.

299

All investments of Total Bond Market Trust are categorized as Level 2 under the hierarchy described above, except for securities lending collateral and money market funds which are categorized as Level 1.

All investments of Investment Quality Bond Trust are categorized as Level 2 under the hierarchy described above, except for securities lending collateral and futures which are categorized as Level 1.

The following is a summary of the values by input classification of the portfolios’ investments as of March 31, 2019, by major security category or type:

	Total Value at 3-31-19		Level 1 Quoted Price		Level 2 Significant Observable Inputs		Level 3 Significant Unobservable Inputs
Active Bond Trust
Investments in securities:
Assets
U.S. Government and Agency obligations	$	273,952,373		—	$	273,952,373		—
Foreign government obligations		4,877,462		—		4,877,462		—
Corporate bonds		266,032,387		—		266,032,387		—
Capital preferred securities		1,264,605		—		1,264,605		—
Municipal bonds		4,466,131		—		4,466,131		—
Term loans		904,251		—		904,251		—
Collateralized mortgage obligations		61,189,740		—		61,189,740		—
Asset backed securities		73,600,661		—		73,600,661		—
Preferred securities		1,068,260	$	877,684		190,576		—
Securities lending collateral		3,640,556		3,640,556		—		—
Short-term investments		77,703,799		68,430,799		9,273,000		—
Total investments in securities	$	768,700,225	$	72,949,039	$	695,751,186		—
Blue Chip Growth Trust
Investments in securities:
Assets
Common stocks
Communication services	$	329,397,545	$	280,760,865	$	48,636,680		—
Consumer discretionary		444,400,261		444,400,261		—		—
Consumer staples		4,453,878		4,453,878		—		—
Financials		103,919,410		103,919,410		—		—
Health care		412,600,051		412,600,051		—		—
Industrials		183,220,333		183,220,333		—		—
Information technology		600,415,087		600,415,087		—		—
Materials		9,514,804		9,514,804		—		—
Real estate		538,171		538,171		—		—
Utilities		5,033,506		5,033,506		—		—

300

Securities lending collateral		3,092,781		3,092,781		—	—
Short-term investments		9,874,933		9,874,933		—	—
Total investments in securities	$	2,106,460,760	$	2,057,824,080	$	48,636,680	—
Capital Appreciation Trust
Investments in securities:
Assets
Common stocks
Communication services	$	91,069,377	$	71,436,962	$	19,632,415	—
Consumer discretionary		114,550,060		106,380,244		8,169,816	—
Consumer staples		23,118,710		23,118,710		—	—
Financials		12,374,856		12,374,856		—	—
Health care		82,309,668		82,309,668		—	—
Industrials		38,470,694		27,983,126		10,487,568	—
Information technology		203,510,670		196,021,680		7,488,990	—
Real estate		10,146,621		10,146,621		—	—
Securities lending collateral		8,722,685		8,722,685		—	—
Short-term investments		4,426,990		4,426,990		—	—
Total investments in securities	$	588,700,331	$	542,921,542	$	45,778,789	—
Capital Appreciation Value Trust
Investments in securities:
Assets
Common stocks
Communication services	$	15,533,041	$	15,533,041		—	—
Consumer discretionary		20,154,009		20,154,009		—	—
Consumer staples		1,719,875		1,719,875		—	—
Energy		4,596,443		4,596,387	$	56	—
Financials		29,241,434		29,241,434		—	—
Health care		54,635,194		54,635,194		—	—
Industrials		34,476,156		34,476,156		—	—
Information technology		57,273,081		57,273,081		—	—
Real estate		3,074,136		3,074,136		—	—
Utilities		22,045,605		22,045,605		—	—
Preferred securities
Financials		6,761,671		6,761,671		—	—
Health care		3,786,419		3,786,419		—	—
Industrials		1,139,172		—		1,139,172	—

301

Utilities		7,830,122			7,830,122		—			—
U.S. Government and Agency obligations		13,276,569			—		13,276,569			—
Corporate bonds		71,597,186			—		71,597,186			—
Term loans		19,221,185			—		19,221,185			—
Asset backed securities		1,337,479			—		1,337,479			—
Purchased options		103,182			—		103,182			—
Securities lending collateral		2,058,655			2,058,655		—			—
Short-term investments		31,902,141			29,686,141		2,216,000			—
Total investments in securities	$	401,762,755		$	292,871,926	$	108,890,829			—
Derivatives:
Liabilities
Written options	($	2,340,553	)		—	($	2,340,553	)		—
Core Bond Trust
Investments in securities:
Assets
U.S. Government and Agency obligations	$	599,637,048			—	$	598,857,478		$	779,570
Foreign government obligations		8,966,414			—		8,966,414			—
Corporate bonds		253,691,046			—		253,691,046			—
Municipal bonds		6,770,963			—		6,770,963			—
Collateralized mortgage obligations		134,492,428			—		134,492,428			—
Asset backed securities		134,954,870			—		134,954,870			—
Securities lending collateral		2,230,266		$	2,230,266		—			—
Short-term investments		15,030,211			15,030,211		—			—
Total investments in securities	$	1,155,773,246		$	17,260,477	$	1,137,733,199		$	779,570
Liabilities
Sale commitments outstanding	($	3,760,594	)		—	($	3,760,594	)		—
Emerging Markets Value Trust
Investments in securities:
Assets
Common stocks
Brazil	$	14,409,602		$	14,409,602		—			—
Chile		3,757,808			—	$	3,757,808			—
China		27,054,740			2,106,082		24,865,521		$	83,137
Colombia		1,474,328			1,474,328		—			—
Czech Republic		845,784			—		845,784			—
Greece		131,396			—		131,396			—

302

Hong Kong		11,533,323		103,339		11,375,703		54,281
Hungary		1,273,996		—		1,273,996		—
India		30,160,798		761,798		29,259,708		139,292
Indonesia		5,714,267		—		5,547,230		167,037
Malaysia		7,063,354		—		7,063,354		—
Mexico		7,842,248		7,842,248		—		—
Philippines		4,501,283		—		4,501,170		113
Poland		2,446,316		—		2,446,316		—
Russia		5,177,387		—		5,177,387		—
Singapore		18,364		—		18,364		—
South Africa		15,796,806		912,511		14,884,295		—
South Korea		37,202,099		6,208,879		30,930,648		62,572
Taiwan		35,951,484		742,709		35,208,775		—
Thailand		6,094,922		—		6,089,512		5,410
Turkey		1,532,226		—		1,530,160		2,066
Ukraine		136,947		—		136,947		—
Preferred securities
Brazil		4,977,734		4,977,734		—		—
Colombia		406,741		406,741		—		—
Panama		21,746		21,746		—		—
South Korea		9,197		—		—		9,197
Rights		61,074		9,527		51,547		—
Warrants		19,619		19,619		—		—
Securities lending collateral		6,818,497		6,818,497		—		—
Total investments in securities	$	232,434,086	$	46,815,360	$	185,095,621	$	523,105
Derivatives:
Assets
Futures	$	334	$	334		—		—
Equity Income Trust
Investments in securities:
Assets
Common stocks
Communication services	$	96,192,666	$	87,842,242	$	8,350,424		—
Consumer discretionary		37,982,334		37,982,334		—		—
Consumer staples		121,476,720		121,476,720		—		—
Energy		154,469,743		122,648,091		31,821,652		—
Financials		349,899,404		349,899,404		—		—

303

Health care		196,954,000		186,172,823		10,781,177	—
Industrials		180,327,195		180,327,195		—	—
Information technology		120,200,784		120,200,784		—	—
Materials		70,829,447		68,361,390		2,468,057	—
Real estate		47,467,252		47,467,252		—	—
Utilities		90,721,780		90,721,780		—	—
Preferred securities		38,780,393		38,780,393		—	—
Corporate bonds		7,765,769		—		7,765,769	—
Convertible bonds		3,134,122		—		3,134,122	—
Securities lending collateral		5,823,710		5,823,710		—	—
Short-term investments		36,277,395		36,277,395		—	—
Total investments in securities	$	1,558,302,714	$	1,493,981,513	$	64,321,201	—
Financial Industries Trust
Investments in securities:
Assets
Common stocks
Consumer discretionary
Hotels, restaurants and leisure	$	1,139,820	$	1,139,820		—	—
Financials
Banks		88,129,813		82,167,564	$	5,962,249	—
Capital markets		12,823,587		11,078,128		1,745,459	—
Consumer finance		6,894,043		6,894,043		—	—
Diversified financial services		8,880,183		7,452,934		1,427,249	—
Insurance		27,335,212		26,972,564		362,648	—
Thrifts and mortgage finance		2,629,773		2,629,773		—	—
Information technology
IT services		5,622,500		5,622,500		—	—
Real estate
Equity real estate investment trusts		5,699,982		4,411,906		1,288,076	—
Real estate management and development		984,220		—		984,220	—
Convertible bonds		943,046		—		943,046	—
Short-term investments		2,928,000		—		2,928,000	—
Total investments in securities	$	164,010,179	$	148,369,232	$	15,640,947	—
Derivatives:
Assets
Forward foreign currency contracts	$	84,024		—	$	84,024	—
Liabilities

304

Forward foreign currency contracts		(22,795	)		—		(22,795	)	—
Fundamental All Cap Core Trust
Investments in securities:
Assets
Common stocks
Communication services	$	321,147,123		$	321,147,123		—		—
Consumer discretionary		414,295,413			400,584,974	$	13,710,439		—
Consumer staples		87,250,890			87,250,890		—		—
Energy		124,165,958			124,165,958		—		—
Financials		272,301,802			272,301,802		—		—
Health care		123,876,844			123,876,844		—		—
Industrials		139,860,178			139,860,178		—		—
Information technology		153,944,388			136,978,682		16,965,706		—
Real estate		53,262,109			53,262,109		—		—
Short-term investments		46,825,000			—		46,825,000		—
Total investments in securities	$	1,736,929,705		$	1,659,428,560	$	77,501,145		—
Fundamental Large Cap Value Trust
Investments in securities:
Assets
Common stocks
Communication services	$	37,515,288		$	37,515,288		—		—
Consumer discretionary		64,514,205			64,514,205		—		—
Consumer staples		53,485,857			22,285,830	$	31,200,027		—
Energy		69,055,493			69,055,493		—		—
Financials		159,732,643			159,732,643		—		—
Health care		101,523,378			101,523,378		—		—
Industrials		76,236,823			76,236,823		—		—
Information technology		85,927,824			79,329,770		6,598,054		—
Materials		12,169,067			12,169,067		—		—
Short-term investments		6,332,000			—		6,332,000		—
Total investments in securities	$	666,492,578		$	622,362,497	$	44,130,081		—
Global Bond Trust
Investments in securities:
Assets
U.S. Government and Agency obligations	$	73,219,028			—	$	73,219,028		—

305

Foreign government obligations		48,120,765			—			48,120,765		—
Corporate bonds		87,407,727			—			87,407,727		—
Capital preferred securities		882,000			—			882,000		—
Municipal bonds		2,301,531			—			2,301,531		—
Term loans		675,727			—			675,727		—
Collateralized mortgage obligations		28,980,870			—			28,980,870		—
Asset backed securities		4,412,702			—			4,412,702		—
Common stocks		8,845		$	8,845			—		—
Preferred securities		366,379			—			366,379		—
Escrow shares		204,350			—			204,350		—
Purchased options		80,823			1,529			79,294		—
Short-term investments		17,473,960			—			17,473,960		—
Total investments in securities	$	264,134,707		$	10,374		$	264,124,333		—
Liabilities
Securities sold short	($	2,313,316	)		—		($	2,313,316	)	—
Derivatives:
Assets
Futures	$	1,110,947		$	1,110,947			—		—
Forward foreign currency contracts		2,159,649			—		$	2,159,649		—
Swap contracts		5,048,812			—			5,048,812		—
Liabilities
Futures		(1,001,628	)		(1,001,628	)		—		—
Forward foreign currency contracts		(1,556,429	)		—			(1,556,429	)	—
Written options		(190,227	)		(49,701	)		(140,526	)	—
Swap contracts		(3,248,205	)		—			(3,248,205	)	—
Global Trust
Investments in securities:
Assets
Common stocks
Canada	$	3,945,971		$	3,945,971			—		—
China		8,861,673			5,353,016		$	3,508,657		—
Denmark		3,993,055			—			3,993,055		—
France		14,304,375			—			14,304,375		—
Germany		11,212,689			—			11,212,689		—
Hong Kong		8,021,111			—			8,021,111		—
India		3,416,154			—			3,416,154		—
Ireland		1,920,402			1,093,232			827,170		—

306

Israel		2,849,997		2,849,997		—		—
Italy		3,962,399		—		3,962,399		—
Japan		13,949,471		—		13,949,471		—
Luxembourg		3,410,071		—		3,410,071		—
Netherlands		11,267,965		—		11,267,965		—
Singapore		4,001,583		—		4,001,583		—
South Korea		5,833,643		2,169,789		3,663,854		—
Spain		1,870,599		—		1,870,599		—
Sweden		370,510		—		370,510		—
Switzerland		7,118,012		—		7,118,012		—
Taiwan		606,586		—		606,586		—
Thailand		2,945,224		—		2,945,224		—
United Kingdom		15,038,289		—		15,038,289		—
United States		64,082,305		64,082,305		—		—
Securities lending collateral		4,845,849		4,845,849		—		—
Short-term investments		2,400,000		—		2,400,000		—
Total investments in securities	$	200,227,933	$	84,340,159	$	115,887,774		—
Health Sciences Trust
Investments in securities:
Assets
Common stocks
Consumer discretionary	$	222,856		—		—	$	222,856
Health care		300,029,687	$	285,718,243	$	13,924,475		386,969
Preferred securities
Consumer discretionary		497,638		—		—		497,638
Health care		1,472,693		617,358		855,335		—
Information technology		163,429		—		—		163,429
Convertible bonds		382,680		—		382,680		—
Short-term investments		2,025,073		2,025,073		—		—
Total investments in securities	$	304,794,056	$	288,360,674	$	15,162,490	$	1,270,892
High Yield Trust
Investments in securities:
Assets
Foreign government obligations	$	2,831,248		—	$	2,831,248		—
Corporate bonds		176,015,527		—		176,015,527		—
Convertible bonds		2,550,566		—		2,550,566		—

307

Term loans		6,042,539			—			6,042,539			—
Asset backed securities		11,183,051			—			11,183,051			—
Common stocks		3,479,099		$	2,323,626			373,313		$	782,160
Preferred securities		1,554,719			1,554,719			—			—
Escrow certificates		500			—			—			500
Securities lending collateral		8,533,285			8,533,285			—			—
Short-term investments		4,880,906			4,880,906			—			—
Total investments in securities	$	217,071,440		$	17,292,536		$	198,996,244		$	782,660
Derivatives:
Assets
Futures	$	104,832		$	104,832			—			—
Forward foreign currency contracts		7,215			—		$	7,215			—
Liabilities
Futures		(45,609	)		(45,609	)		—			—
Forward foreign currency contracts		(15,030	)		—			(15,030	)		—
International Equity Index Trust
Investments in securities:
Assets
Common stocks
Australia	$	34,855,944			—		$	34,855,944			—
Austria		1,184,065			—			1,184,065			—
Belgium		4,990,247			—			4,990,247			—
Brazil		8,609,385		$	8,609,385			—			—
Canada		49,724,312			49,437,038			287,274			—
Chile		2,264,706			1,968,425			296,281			—
China		53,729,242			15,852,508			37,876,734			—
Colombia		964,735			964,735			—			—
Czech Republic		377,037			—			377,037			—
Denmark		8,871,118			—			8,871,118			—
Egypt		208,005			—			208,005			—
Finland		5,928,068			—			5,928,068			—
France		53,887,692			—			53,887,692			—
Germany		39,169,748			—			39,169,748			—
Greece		424,151			—			419,958		$	4,193
Hong Kong		27,924,953			272,368			27,508,540			144,045
Hungary		630,948			—			630,948			—
India		17,132,202			2,888,093			14,244,109			—

308

Indonesia	4,372,095	9,831	4,361,113	1,151
Ireland	3,454,686	381,272	3,073,414	—
Isle of Man	153,373	—	153,373	—
Israel	2,590,309	802,504	1,787,805	—
Italy	10,151,619	—	10,151,619	—
Japan	117,415,395	—	117,415,395	—
Luxembourg	1,656,231	—	1,656,231	—
Macau	671,302	—	671,302	—
Malaysia	4,269,687	—	4,269,687	—
Mexico	5,157,266	5,054,850	102,416	—
Netherlands	23,711,662	1,066,779	22,644,883	—
New Zealand	1,159,049	—	1,159,049	—
Norway	3,532,618	—	3,532,618	—
Peru	837,424	837,424	—	—
Philippines	1,988,111	—	1,988,111	—
Poland	2,185,178	—	2,185,178	—
Portugal	740,419	—	740,419	—
Romania	108,790	—	108,790	—
Russia	6,918,856	5,453,736	1,465,120	—
Singapore	6,659,205	—	6,659,205	—
South Africa	11,104,180	—	11,104,180	—
South Korea	23,554,315	192,284	23,362,031	—
Spain	14,647,405	—	14,647,405	—
Sweden	12,027,964	—	12,027,964	—
Switzerland	46,537,995	—	46,537,995	—
Taiwan	19,477,252	—	19,477,252	—
Thailand	4,412,893	—	4,412,893	—
Turkey	1,097,814	—	1,097,814	—
United Arab Emirates	110,285	—	110,285	—
United Kingdom	74,226,267	—	74,226,267	—
United States	830,894	486,106	344,788	—
Preferred securities
Brazil	5,011,529	5,011,529	—	—
Germany	2,544,712	—	2,544,712	—
South Korea	1,252,615	—	1,250,405	2,210
Rights	9,696	—	9,696	—
Securities lending collateral	27,198,175	27,198,175	—	—
Short-term investments	4,082,793	4,082,793	—	—

309

Total investments in securities	$	756,736,617	$	130,569,835	$	626,015,183	$	151,599
Derivatives:
Assets
Futures	$	171,867	$	171,867		—		—
International Growth Stock Trust
Investments in securities:
Assets
Common stocks
Australia	$	2,450,360		—	$	2,450,360		—
Brazil		1,908,993	$	1,908,993		—		—
Canada		5,781,313		5,781,313		—		—
China		5,263,197		2,383,545		2,879,652		—
Denmark		923,731		—		923,731		—
France		4,959,666		—		4,959,666		—
Germany		4,485,296		—		4,485,296		—
Hong Kong		994,992		—		994,992		—
Italy		2,267,662		—		2,267,662		—
Japan		5,786,665		—		5,786,665		—
Mexico		1,395,458		1,395,458		—		—
Netherlands		2,949,477		—		2,949,477		—
Singapore		1,287,361		—		1,287,361		—
South Korea		1,549,929		—		1,549,929		—
Spain		948,808		—		948,808		—
Sweden		1,639,986		—		1,639,986		—
Switzerland		3,556,384		—		3,556,384		—
Taiwan		1,417,603		—		1,417,603		—
Thailand		316,479		—		316,479		—
Turkey		453,377		—		453,377		—
United Kingdom		6,210,731		—		6,210,731		—
United States		3,201,366		3,201,366		—		—
Short-term investments		3,123,281		3,123,281		—		—
Total investments in securities	$	62,872,115	$	17,793,956	$	45,078,159		—
International Small Company Trust
Investments in securities:
Assets
Common stocks

310

Australia	$	8,356,064	$	100,258	$	8,237,855	$	17,951
Austria		1,680,886		—		1,680,886		—
Belgium		2,026,927		—		2,026,927		—
Bermuda		285,762		—		285,762		—
Canada		10,740,474		10,640,904		99,288		282
China		84,968		—		84,968		—
Denmark		2,434,288		—		2,434,288		—
Finland		3,122,685		—		3,122,685		—
France		5,011,222		—		5,011,222		—
Gabon		3,019		—		3,019		—
Georgia		89,068		—		89,068		—
Germany		7,768,972		—		7,768,972		—
Gibraltar		24,870		—		24,870		—
Greece		152		—		—		152
Guernsey, Channel Islands		3,215		—		3,215		—
Hong Kong		3,625,021		—		3,579,936		45,085
Ireland		500,397		—		500,397		—
Isle of Man		84,994		—		84,994		—
Israel		1,208,435		2,970		1,205,465		—
Italy		5,011,664		—		5,011,664		—
Japan		27,198,463		—		27,198,463		—
Jersey, Channel Islands		118,204		—		118,204		—
Jordan		59,414		—		59,414		—
Liechtenstein		97,177		—		97,177		—
Luxembourg		393,013		—		393,013		—
Macau		21,855		—		21,855		—
Malaysia		48,914		—		48,914		—
Malta		55,906		—		55,906		—
Monaco		62,212		47,780		14,432		—
Mongolia		6,262		—		6,262		—
Netherlands		3,487,773		—		3,487,773		—
New Zealand		916,286		—		916,286		—
Norway		1,066,311		—		1,066,311		—
Peru		44,454		—		44,454		—
Portugal		636,442		—		636,442		—
Russia		23,243		—		23,243		—
Singapore		1,093,062		—		1,077,334		15,728
South Africa		26,334		—		26,334		—

311

Spain		2,967,555		—		2,967,555		—
Sweden		3,788,772		—		3,788,772		—
Switzerland		6,152,409		—		6,152,409		—
United Arab Emirates		25,470		—		25,470		—
United Kingdom		21,949,108		—		21,941,800		7,308
United States		571,446		275,140		296,306		—
Preferred securities		238,348		—		238,348		—
Rights		15,616		72		8,356		7,188
Warrants		1,054		12		1,042		—
Securities lending collateral		11,051,391		11,051,391		—		—
Total investments in securities	$	134,179,577	$	22,118,527	$	111,967,356	$	93,694
Derivatives:
Assets
Futures	$	11,702	$	11,702		—		—
International Value Trust
Investments in securities:
Assets
Common stocks
Canada	$	17,904,163	$	17,904,163		—		—
China		24,089,249		7,946,371	$	16,142,878		—
Denmark		6,453,687		—		6,453,687		—
France		32,606,588		—		32,606,588		—
Germany		18,406,505		—		18,406,505		—
Hong Kong		11,899,769		—		11,899,769		—
India		2,869,787		—		2,869,787		—
Ireland		5,685,464		—		5,685,464		—
Israel		5,506,157		5,506,157		—		—
Italy		7,224,308		—		7,224,308		—
Japan		35,637,886		—		35,637,886		—
Luxembourg		3,969,739		—		3,969,739		—
Netherlands		27,405,917		4,401,822		23,004,095		—
Singapore		4,719,907		49,291		4,670,616		—
South Korea		25,919,807		4,979,048		20,940,759		—
Switzerland		15,250,984		—		15,250,984		—
Taiwan		4,869,508		—		4,869,508		—
Thailand		7,047,302		—		7,047,302		—
United Kingdom		46,220,263		—		46,220,263		—

312

Securities lending collateral		7,121,529		7,121,529		—		—
Short-term investments		5,100,000		—		5,100,000		—
Total investments in securities	$	315,908,519	$	47,908,381	$	268,000,138		—
Mid Cap Stock Trust
Investments in securities:
Assets
Common stocks
Communication services	$	43,002,226	$	42,925,454	$	76,772		—
Consumer discretionary		135,289,095		134,857,413		—	$	431,682
Consumer staples		32,055,342		32,055,342		—		—
Energy		8,743,101		8,743,101		—		—
Financials		7,880,696		7,660,718		219,978		—
Health care		173,469,180		166,291,461		7,177,719		—
Industrials		68,340,155		68,340,155		—		—
Information technology		207,870,781		205,385,047		—		2,485,734
Real estate		474,140		—		—		474,140
Preferred securities		56,777,647		—		—		56,777,647
Warrants		4,668		4,668		—		—
Securities lending collateral		33,846,337		33,846,337		—		—
Short-term investments		42,900,000		—		42,900,000		—
Total investments in securities	$	810,653,368	$	700,109,696	$	50,374,469	$	60,169,203
Mid Value Trust
Investments in securities:
Assets
Common stocks
Communication services	$	22,757,065	$	22,757,065		—		—
Consumer discretionary		20,567,689		20,567,689		—		—
Consumer staples		75,086,273		63,974,992	$	11,111,281		—
Energy		81,166,209		81,166,209		—		—
Financials		111,143,537		105,544,210		5,599,327		—
Health care		104,552,278		104,552,278		—		—
Industrials		54,280,152		51,517,457		2,762,695		—
Information technology		17,945,883		17,945,883		—		—
Materials		58,567,345		58,567,345		—		—
Real estate		48,935,742		48,935,742		—		—
Utilities		36,388,943		36,388,943		—		—

313

Preferred securities		1,803,978			1,803,978		—			—
Securities lending collateral		20,405,024			20,405,024		—			—
Short-term investments		49,472,012			49,472,012		—			—
Total investments in securities	$	703,072,130		$	683,598,827	$	19,473,303			—
Mutual Shares Trust
Investments in securities:
Assets
Common stocks
Communication services	$	16,393,933		$	15,330,201	$	1,063,732			—
Consumer discretionary		7,613,278			7,613,278		—			—
Consumer staples		10,036,561			7,204,239		2,832,322			—
Energy		15,876,940			11,885,626		3,991,314			—
Financials		34,357,907			33,497,835		860,072			—
Health care		18,909,967			18,142,073		767,894			—
Industrials		9,891,345			7,431,141		2,460,204			—
Information technology		15,160,757			12,659,444		2,501,313			—
Materials		2,624,771			2,624,771		—			—
Real estate		2,716,096			2,716,096		—			—
Utilities		1,187,306			1,187,306		—			—
Corporate bonds		7,024,575			—		7,024,575			—
Escrow certificates		11,199			—		—		$	11,199
Short-term investments		11,474,010			—		11,474,010			—
Total investments in securities	$	153,278,645		$	120,292,010	$	32,975,436		$	11,199
Derivatives:
Assets
Forward foreign currency contracts	$	122,257			—	$	122,257			—
Liabilities
Forward foreign currency contracts		(212	)		—		(212	)		—
Science & Technology Trust
Investments in securities:
Assets
Common stocks
Communication services	$	133,211,043		$	112,980,110	$	20,230,933			—
Consumer discretionary		130,792,647			104,382,349		26,410,298			—
Health care		5,078,800			5,078,800		—			—
Industrials		4,553,454			4,553,454		—			—

314

Information technology		497,376,829		460,562,049		36,814,780		—
Materials		4,067,553		4,067,553		—		—
Exchange-traded funds		18,548,011		18,548,011		—		—
Preferred securities		1,398,442		—		—	$	1,398,442
Securities lending collateral		19,001,936		19,001,936		—		—
Short-term investments		58,555,654		40,175,654		18,380,000		—
Total investments in securities	$	872,584,369	$	769,349,916	$	101,836,011	$	1,398,442
Small Cap Index Trust
Investments in securities:
Assets
Common stocks
Communication services	$	18,830,409	$	18,827,587		—	$	2,822
Consumer discretionary		69,334,989		69,309,301	$	25,688		—
Consumer staples		16,036,367		16,036,367		—		—
Energy		21,258,777		21,258,777		—		—
Financials		99,614,556		99,612,225		—		2,331
Health care		92,435,747		92,434,199		—		1,548
Industrials		83,709,589		83,709,589		—		—
Information technology		90,235,309		90,235,309		—		—
Materials		22,201,647		22,198,377		—		3,270
Real estate		43,651,888		43,651,888		—		—
Utilities		21,666,033		21,666,033		—		—
Preferred securities		35,593		35,593		—		—
Rights		22,716		—		—		22,716
Securities lending collateral		28,341,779		28,341,779		—		—
Short-term investments		19,164,071		—		19,164,071		—
Total investments in securities	$	626,539,470	$	607,317,024	$	19,189,759	$	32,687
Derivatives:
Assets
Futures	$	126,704	$	126,704		—		—
Small Cap Opportunities Trust
Investments in securities:
Assets
Common stocks
Communication services	$	3,402,829	$	3,402,801		—	$	28
Consumer discretionary		19,669,611		19,666,118		—		3,493

315

Consumer staples		5,099,588		5,099,588		—		—
Energy		8,039,707		8,039,707		—		—
Financials		30,308,214		30,306,723		—		1,491
Health care		16,371,045		16,369,142		—		1,903
Industrials		26,538,732		26,538,732		—		—
Information technology		20,929,432		20,929,432		—		—
Materials		7,017,961		7,017,961		—		—
Real estate		1,661,277		1,661,277		—		—
Utilities		184,256		184,256		—		—
Securities lending collateral		1,642,374		1,642,374		—		—
Short-term investments		1,012,287		1,012,287		—		—
Total investments in securities	$	141,877,313	$	141,870,398		—	$	6,915
Small Cap Stock Trust
Investments in securities:
Assets
Common stocks
Communication services	$	4,290,565	$	4,290,565		—		—
Consumer discretionary		51,991,336		51,991,336		—		—
Consumer staples		8,137,101		8,137,101		—		—
Energy		3,334,584		3,334,584		—		—
Financials		15,946,791		15,946,791		—		—
Health care		82,994,805		82,994,805		—		—
Industrials		32,492,567		32,492,567		—		—
Information technology		62,264,439		61,502,310		—	$	762,129
Materials		8,890,876		8,890,876		—		—
Real estate		15,716,627		15,716,627		—		—
Preferred securities		2,494,374		—		—		2,494,374
Securities lending collateral		10,026,413		10,026,413		—		—
Short-term investments		14,800,000		—	$	14,800,000		—
Total investments in securities	$	313,380,478	$	295,323,975	$	14,800,000	$	3,256,503
Small Cap Value Trust
Investments in securities:
Assets
Common stocks
Consumer discretionary	$	21,352,610	$	21,352,610		—		—
Consumer staples		20,101,930		6,041,435	$	14,060,495		—

316

Energy		24,919,972		24,919,972		—		—
Financials		98,283,596		98,283,596		—		—
Health care		17,524,333		17,524,333		—		—
Industrials		164,404,626		157,917,602		6,487,024		—
Information technology		35,207,482		35,207,482		—		—
Materials		29,939,263		29,939,263		—		—
Real estate		60,733,129		60,733,129		—		—
Utilities		9,952,626		9,952,626		—		—
Securities lending collateral		1,355,126		1,355,126		—		—
Short-term investments		17,200,000		—		17,200,000		—
Total investments in securities	$	500,974,693	$	463,227,174	$	37,747,519		—
Strategic Equity Allocation Trust
Investments in securities:
Assets
Common stocks
Communication services	$	750,430,365	$	580,238,980	$	170,189,149	$	2,236
Consumer discretionary		1,012,865,845		679,103,813		333,762,032		—
Consumer staples		796,529,227		431,193,824		365,335,403		—
Energy		518,861,641		335,199,180		183,662,461		—
Financials		1,456,708,490		862,592,848		594,113,995		1,647
Health care		1,272,297,107		924,165,653		348,130,503		951
Industrials		1,125,657,692		675,968,995		449,688,697		—
Information technology		1,518,890,268		1,332,219,511		186,670,757		—
Materials		441,050,595		207,091,118		233,957,420		2,057
Real estate		387,011,020		265,500,534		121,510,486		—
Utilities		344,230,029		226,940,041		117,289,988		—
Preferred securities
Communication services		25,438		25,438		—		—
Consumer discretionary		9,793,766		—		9,793,766		—
Consumer staples		4,193,034		—		4,193,034		—
Health care		1,409,059		—		1,409,059		—
Materials		662,334		—		662,334		—
Rights		14,094		—		—		14,094
Securities lending collateral		141,159,068		141,159,068		—		—
Short-term investments		213,467,018		—		213,467,018		—
Total investments in securities	$	9,995,256,090	$	6,661,399,003	$	3,333,836,102	$	20,985
Derivatives:

317

Assets
Futures	$	2,085,714		$	2,085,714		—			—
Strategic Income Opportunities Trust
Investments in securities:
Assets
U.S. Government and Agency obligations	$	48,041,958			—	$	48,041,958			—
Foreign government obligations		122,407,314			—		122,407,314			—
Corporate bonds		216,431,866			—		216,431,866			—
Convertible bonds		13,765,785			—		13,765,785			—
Capital preferred securities		6,458,536			—		6,458,536			—
Term loans		4,479,180			—		4,479,180			—
Collateralized mortgage obligations		29,586,557			—		29,586,557			—
Asset backed securities		23,400,507			—		23,400,507			—
Common stocks		217,340		$	217,340		—			—
Preferred securities		18,058,950			13,419,276		4,639,674			—
Purchased options		48,193			—		48,193			—
Securities lending collateral		5,881,849			5,881,849		—			—
Short-term investments		6,556,000			—		6,556,000			—
Total investments in securities	$	495,334,035		$	19,518,465	$	475,815,570			—
Derivatives:
Assets
Forward foreign currency contracts	$	3,258,905			—	$	3,258,905			—
Liabilities
Forward foreign currency contracts		(1,539,981	)		—		(1,539,981	)		—
Written options		(12,947	)		—		(12,947	)		—
Total Stock Market Index Trust
Investments in securities:
Assets
Common stocks
Communication services	$	70,882,064		$	70,880,847	$	212		$	1,005
Consumer discretionary		76,991,296			76,986,095		5,172			29
Consumer staples		52,304,789			52,304,789		—			—
Energy		42,037,414			42,037,289		—			125
Financials		96,097,575			96,097,255		—			320
Health care		96,922,803			96,913,291		—			9,512
Industrials		71,859,191			71,858,770		—			421

318

Information technology		149,842,402			149,842,402		—			—
Materials		18,360,144			18,359,591		—			553
Real estate		28,340,326			28,330,709		—			9,617
Utilities		22,279,535			22,279,535		—			—
Preferred securities		18,484			18,484		—			—
Rights		1,864			—		—			1,864
Warrants		875			865		10			—
Securities lending collateral		6,713,666			6,713,666		—			—
Short-term investments		12,442,580			—		12,442,580			—
Total investments in securities	$	745,095,008		$	732,623,588	$	12,447,974		$	23,446
Derivatives:
Assets
Futures	$	298,532		$	298,532		—			—
Utilities Trust
Investments in securities:
Assets
Common stocks
Communication services	$	43,935,955		$	19,293,972	$	24,641,983			—
Energy		39,887,559			39,887,559		—			—
Real estate		5,240,417			5,240,417		—			—
Utilities		158,990,078			116,843,999		42,146,079			—
Preferred securities		13,938,907			13,938,907		—			—
Securities lending collateral		6,596,972			6,596,972		—			—
Short-term investments		9,359,980			9,359,980		—			—
Total investments in securities	$	277,949,868		$	211,161,806	$	66,788,062			—
Derivatives:
Assets
Forward foreign currency contracts	$	755,310			—	$	755,310			—
Liabilities
Forward foreign currency contracts		(72,296	)		—		(72,296	)		—

The following is a reconciliation of Level 3 assets for which significant unobservable inputs were used to determine fair value. Transfers into or out of Level 3 represent the beginning value of any security or instrument where a change in the level has occurred from the beginning to the end of the period and in all cases were transferred into or out of Level 2. Securities were transferred into Level 3 because of a lack of observable market data which resulted from an absence of market activity for these securities. In addition, securities were transferred from Level 3 since observable market data became available due to the increased market activity of these securities.

High Yield Trust	Corporate bonds		Term loans		Common stocks		Preferred securities		Escrow certificates		Total
Balance as of 12-31-18	$	766,649	$	588,375	$	912,317	$	20,999	$	500	$	2,288,840

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Realized gain (loss)		11,940			11,625			147,482		(1,375,787	)		—		(1,204,740	)
Change in unrealized appreciation (depreciation)		(11,940	)		—			268,488		1,361,356			—		1,617,904
Purchases		—			—			—		—			—		—
Sales		(766,649	)		(600,000	)		(546,127	)	(6,568	)		—		(1,919,344	)
Transfers into Level 3		—			—			—		—			—		—
Transfers out of Level 3		—			—			—		—			—		—
Balance as of 3-31-19		—			—		$	782,160		—		$	500	$	782,660
Change in unrealized at period end*		—			—		$	465,726		—			—	$	465,726
Mid Cap Stock Trust	Common stocks			Preferred securities			Total
Balance as of 12-31-18	$	3,422,200		$	48,334,022		$	51,756,222
Realized gain (loss)		—			—			—
Change in unrealized appreciation (depreciation)		64,704			8,443,625			8,508,329
Purchases		—			—			—
Sales		—			—			—
Transfers into Level 3		—			—			—
Transfers out of Level 3		(95,348	)		—			(95,348	)
Balance as of 3-31-19	$	3,391,556		$	56,777,647		$	60,169,203
Change in unrealized at period end*	$	926,220		$	8,443,625		$	9,369,845
Small Cap Stock Trust	Common stocks			Preferred securities			Total
Balance as of 12-31-18	$	745,823		$	2,489,170		$	3,234,993
Realized gain (loss)		—			—			—
Change in unrealized appreciation (depreciation)		16,306			5,204			21,510
Purchases		—			—			—
Sales		—			—			—
Transfers into Level 3		—			—			—
Transfers out of Level 3		—			—			—
Balance as of 3-31-19	$	762,129		$	2,494,374		$	3,256,503
Change in unrealized at period end*	($	472,637	)	$	5,204		($	467,433	)

* Change in unrealized appreciation (depreciation) attributable to Level 3 securities held at period end.

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The valuation techniques and significant amounts of unobservable inputs used in the fair value measurement of the portfolios’ Level 3 securities are outlined in the table below:

Mid Cap Stock Trust

	Fair Value at 3-31-19		Valuation Technique	Significant Unobservable Inputs	Input/ Range*
Common Stocks	$	2,897,954	Market Approach	EV to revenue multiple	4.32x – 4.71x (weighted average 4.38x)
				Discount	12.5% – 25% (weighted average 23.1%)
	$	474,140	Market Approach	Prior/recent transactions	$110
				OPM – Volatility	40%
	$	19,462	Market Approach	Expected future value	$0.10
				Discount	50%
	$	3,391,556
Preferred Securities	$	11,671,423	Market Approach	Prior/recent transactions	$110
				OPM – Volatility	40%
				EV/EBITDA multiple	15.55x
	$	22,943,738	Market Approach	Discount	10%
	$	9,075,377	Market Approach	EV to revenue multiple	1.40x – 6.85x (weighted average 3.67x)
				Discount	10% – 17.5% (weighted average 14.33%)
	$	6,713,889	Market Approach	Prior/recent transactions	$5.70
				EV to revenue multiple	2.53x – 5.65x (weighted average 3.45x)
	$	6,324,789	Market Approach	Discount	25%
				OPM – Volatility	20% – 40% (weighted average 32.6%)
	$	48,431	Market Approach	Expected future value	$0.36
				Discount	55%
	$	56,777,647
Total	$	60,169,203

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Small Cap Stock Trust

	Fair Value at 3-31-19		Valuation Technique	Significant Unobservable Inputs	Input/ Range*
Common Stocks	$	762,129	Market Approach	EV to revenue multiple	4.32x
				Discount	25%
				EV to revenue multiple	2.53x – 3.03x (weighted average 2.73x)
Preferred Securities	$	2,494,374	Market Approach	Discount	25%
				OPM – Volatility	20% – 40% (weighted average 32.1%)
Total	$	3,256,503

* A weighted average is an average in which each input in the grouping is assigned a weighting before summing to a single average value. The weighting of the input is determined based on a security’s fair value as a percentage of the total fair value.

A change to unobservable inputs of a portfolio’s Level 3 securities as of March 31, 2019, could have resulted in changes to the fair value measurement, as follows:

Significant Unobservable Input	Impact to Valuation if input had increased	Impact to Valuation if input had decreased
Discount	Decrease	Increase
Enterprise value to earnings before interest, taxes, depreciation and amortization (“EV/EBITDA”) multiple	Increase	Decrease
Enterprise value (“EV”) to revenue multiple	Increase	Decrease
Expected future value	Increase	Decrease
Options Pricing Method (OPM) - Volatility	Variable	Variable
Prior/recent transactions	Increase	Decrease

Repurchase agreements. The portfolios may enter into repurchase agreements. When a portfolio enters into a repurchase agreement, it receives collateral that is held in a segregated account by the portfolio’s custodian, or for tri-party repurchase agreements, collateral is held at a third-party custodian bank in a segregated account for the benefit of the portfolio. The collateral amount is marked-to-market and monitored on a daily basis to ensure that the collateral held is in an amount not less than the principal amount of the repurchase agreement plus any accrued interest. Collateral received by a portfolio for repurchase agreements is disclosed in the Portfolio of Investments as part of the caption related to the repurchase agreement.

Repurchase agreements are typically governed by the terms and conditions of the Master Repurchase Agreement and/or Global Master Repurchase Agreement (collectively, MRA). Upon an event of default, the non-defaulting party may close out all transactions traded under the MRA and net amounts owed. Absent an event of default, assets and liabilities resulting from repurchase agreements are not offset. In the event of a default by the counterparty, realization of the collateral proceeds could be delayed, during which time the collateral value may decline or the counterparty may have insufficient assets to pay back claims resulting from close-out of the transactions.

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When-issued/delayed-delivery securities. The portfolios may purchase or sell debt securities on a when-issued or delayed-delivery basis, or in a “To Be Announced” (TBA) or “forward commitment” transaction, with delivery or payment to occur at a later date beyond the normal settlement period. TBA securities resulting from these transactions are included in the Portfolio of Investments or in a schedule to the Portfolio of Investments (Sale Commitments Outstanding). At the time a portfolio enters into a commitment to purchase or sell a security, the transaction is recorded and the value of the security is reflected in the portfolio’s NAV. The price of such security and the date that the security will be delivered and paid for are fixed at the time the transaction is negotiated. The value of the security may vary with market fluctuations. No interest accrues to the portfolio until settlement takes place. At the time that the portfolio enters into this type of transaction, the portfolio is required to have sufficient cash and/or liquid securities to cover its commitments.

Certain risks may arise upon entering into when-issued or delayed-delivery securities transactions, including the potential inability of counterparties to meet the terms of their contracts, and the issuer’s failure to issue the securities due to political, economic or other factors. Additionally, losses may arise due to declines in the value of the securities purchased or increase in the value of securities sold prior to settlement date.

Term loans (Floating rate loans). The portfolios may invest in term loans, which are debt securities and are often rated below investment grade at the time of purchase. Term loans are generally subject to legal or contractual restrictions on resale and generally have longer settlement periods than conventional debt securities. Term loans involve special types of risk, including credit risk, interest-rate risk, counterparty risk and risk associated with extended settlement. The liquidity of term loans, including the volume and frequency of secondary market trading in such loans, varies significantly over time and among individual loans. During periods of infrequent trading, valuing a term loan can be more difficult and buying and selling a term loan at an acceptable price can be more difficult and delayed, which could result in a loss.

A portfolio’s ability to receive payments of principal, interest and other amounts in connection with term loans will depend primarily on the financial condition of the borrower. The portfolio’s failure to receive scheduled payments on a term loan due to a default, bankruptcy or other reason would adversely affect the portfolio’s income and would likely reduce the value of its assets. Transactions in loan investments typically take a significant amount of time (i.e., seven days or longer) to settle. This could pose a liquidity risk to the portfolio and, if the portfolio’s exposure to such investments is substantial, could impair the portfolio’s ability to meet redemptions. Because term loans may not be rated by independent credit rating agencies, a decision to invest in a particular loan could depend exclusively on the subadvisor’s credit analysis of the borrower and/or term loan agents. There is greater risk that the portfolio may have limited rights to enforce the terms of an underlying loan than for other types of debt instruments.

Inflation-indexed bonds. Inflation-indexed bonds are securities that generally have a lower coupon interest rate fixed at issuance but whose principal value is periodically adjusted based on a rate of inflation, such as the Consumer Price Index. Over the life of an inflation-indexed bond, interest is paid on the inflation adjusted principal value as described above. Increases in the principal amount of these securities are recorded as interest income. Decreases in the principal amount of these securities may reduce interest income to the extent of income previously recorded. If these decreases are in excess of income previously recorded, an adjustment to the cost of the security is made.

Payment-in-kind bonds. The portfolios may invest in payment-in-kind bonds (PIK Bonds). PIK Bonds allow the issuer, at its option, to make current interest payments on the bonds either in cash or in additional bonds. The market prices of PIK Bonds are affected to a greater extent by interest rate changes and thereby tend to be more volatile than securities which pay cash interest periodically. A portfolio accrues income on these securities and this income is required to be distributed to shareholders. Because no cash is received at the time income accrues on these securities, a portfolio may need to sell other investments to make distributions.

Stripped securities. Stripped securities are financial instruments structured to separate principal and interest cash flows so that one class receives principal payments from the underlying assets (PO or principal only), while the other class receives the interest cash flows (IO or interest only). Both PO and IO investments represent an interest in the cash flows of an underlying stripped security. If the underlying assets experience greater than anticipated prepayments of principal, the portfolios may fail to fully recover its initial investment in an IO security. The market value of these securities can be extremely volatile in response to changes in interest rates or prepayments on the underlying securities. In addition, these securities present additional credit risk such that the portfolios may not receive all or part of its principal or interest payments because the borrower or issuer has defaulted on its obligation.

Mortgage and asset backed securities. The portfolios may invest in mortgage-related securities, such as mortgage-backed securities, and other asset-backed securities, which are debt obligations that represent interests in pools of mortgages or other income-bearing assets, such as consumer loans or receivables. Such securities often involve risks that are different from the risks associated with investing in other types of debt securities. Mortgage-backed and other asset-backed securities are subject to changes in the payment patterns of borrowers of the underlying debt. When interest rates fall, borrowers are more likely to refinance or prepay their debt before its stated maturity. This may result in the portfolios having to reinvest the proceeds in lower yielding securities, effectively reducing the portfolios’ income. Conversely, if interest rates rise and borrowers repay their debt more slowly than expected, the time in which the mortgage-backed and other asset-backed securities are paid off could be extended, reducing the portfolios’ cash available for reinvestment in higher yielding securities. The timely payment of principal and interest of certain mortgage-related securities is guaranteed with the full faith and credit of the U.S. Government. Pools created and guaranteed by non-governmental issuers, including government-sponsored corporations (e.g. FNMA), may be supported by various forms of insurance or guarantees, but there can be no assurance that private insurers or guarantors can meet their obligations under the insurance policies or guarantee arrangements. The portfolios are also subject to risks associated with securities with contractual cash flows including asset-backed and mortgage related securities such as collateralized mortgage obligations, mortgage pass-through securities and commercial mortgage-backed securities. The value, liquidity and related income of these securities are sensitive to changes in economic conditions, including real estate value, pre-payments, delinquencies and/or defaults, and may be adversely affected by shifts in the market’s perception of the issuers and changes in interest rates.

Derivative instruments. Certain portfolios may invest in derivatives in order to meet their investment objectives. Derivatives include a variety of different instruments that may be traded in the over-the-counter (OTC) market, on a regulated exchange or through a clearing facility. The risks in using derivatives vary depending upon the structure of the instruments, including the use of leverage, optionality, the liquidity or lack of liquidity of the contract, the creditworthiness of the counterparty or clearing organization and the volatility of the position. Some derivatives involve risks that are potentially greater than the risks associated with investing directly in the

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referenced securities or other referenced underlying instrument. Specifically, the portfolios are exposed to the risk that the counterparty to an OTC derivatives contract will be unable or unwilling to make timely settlement payments or otherwise honor its obligations. OTC derivatives transactions typically can only be closed out with the other party to the transaction.

Futures. A futures contract is a contractual agreement to buy or sell a particular currency or financial instrument at a pre-determined price in the future. Risks related to the use of futures contracts include possible illiquidity of the futures markets and contract prices that can be highly volatile and imperfectly correlated to movements in the underlying financial instrument. Use of long futures contracts subjects the portfolios to the risk of loss up to the notional value of the futures contracts. Use of short futures contracts subjects the portfolios to unlimited risk of loss.

The following table details how the portfolios used futures contracts during the period ended March 31, 2019:

Portfolio	Reason
500 Index Trust	To manage against anticipated changes in securities, gain exposure to certain securities markets, as a substitute for securities purchased and to maintain diversity of the portfolio
Emerging Markets Value Trust	To equitize cash balances
Global Bond Trust	To manage against anticipated interest rate changes, gain exposure to foreign bond markets, gain exposure to treasuries market, maintain diversity of the portfolio and to manage duration of the portfolio
High Yield Trust	To manage against anticipated interest rate changes, maintain diversity of the portfolio and to manage duration of the portfolio
International Equity Index Trust	To gain exposure to certain securities markets and as a substitute for securities purchased
International Small Company Trust	To equitize cash balances
Investment Quality Bond Trust	To manage against anticipated interest rate changes, gain exposure to foreign bond markets, gain exposure to treasuries market, as a substitute for securities purchased and to manage duration of the portfolio
Managed Volatility Balanced Portfolio	To manage volatility of returns
Managed Volatility Conservative Portfolio	To manage volatility of returns
Managed Volatility Growth Portfolio	To manage volatility of returns
Managed Volatility Moderate Portfolio	To manage volatility of returns
Mid Cap Index Trust	To manage against anticipated changes in securities, gain exposure to certain securities markets, as a substitute for securities purchased and to maintain diversity of the portfolio
Small Cap Index Trust	To manage against anticipated changes in securities, gain exposure to certain securities markets, as a substitute for securities purchased and to maintain diversity of the portfolio
Strategic Equity Allocation Trust	To manage against anticipated changes in securities, gain exposure to certain securities markets, as a substitute for securities purchased and to maintain diversity of the portfolio
Total Stock Market Index Trust	To manage against anticipated changes in securities, gain exposure to certain securities markets, as a substitute for securities purchased and to maintain diversity of the portfolio

Forward foreign currency contracts. A forward foreign currency contract is an agreement between two parties to buy and sell specific currencies at a price that is set on the date of the contract. The forward contract calls for delivery of the currencies on a future date that is specified in the contract. Risks related to the use of forwards include the possible failure of counterparties to meet the terms of the forward agreement, the failure of the counterparties to timely post collateral if applicable, and the risk that currency movements will not favor a portfolio thereby reducing the portfolio’s total return.

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The market value of a forward foreign currency contract fluctuates with changes in foreign currency exchange rates. Forward foreign currency contracts are marked-to-market daily and the change in value is recorded by the portfolios as an unrealized gain or loss. Realized gains or losses, equal to the difference between the value of the contract at the time it was opened and the value at the time it was closed, are recorded upon delivery or receipt of the currency or settlement with the counterparty.

The following table details how the portfolios used forward foreign currency contracts during the period ended March 31, 2019:

Portfolio	Reason
Financial Industries Trust	To manage against anticipated changes in currency exchange rates
Global Bond Trust	To manage against anticipated changes in currency exchange rates, manage currency exposure and to maintain diversity of the portfolio
High Yield Trust	To manage against anticipated changes in currency exchange rates, manage currency exposure and to maintain diversity of the portfolio
Investment Quality Bond Trust	To manage against anticipated changes in currency exchange rates and to manage currency exposure
Mutual Shares Trust	To manage against anticipated changes in currency exchange rates and to maintain diversity of the portfolio
Strategic Income Opportunities Trust	To manage against anticipated changes in currency exchange rates and to enhance potential gain/income
Utilities Trust	To manage against anticipated changes in currency exchange rates

Options. There are two types of options, put options and call options. Options are traded either OTC or on an exchange. A call option gives the purchaser of the option the right to buy (and the seller the obligation to sell) the underlying instrument at the exercise price. A put option gives the purchaser of the option the right to sell (and the writer the obligation to buy) the underlying instrument at the exercise price. Writing puts and buying calls may increase a portfolio’s exposure to changes in the value of the underlying instrument. Buying puts and writing calls may decrease a portfolio’s exposure to such changes. Risks related to the use of options include the loss of premiums, possible illiquidity of the options markets, trading restrictions imposed by an exchange and movements in underlying security values. In addition, OTC options are subject to the risks of all OTC derivatives contracts.

When a portfolio purchases an option, the premium paid by the portfolio is included in the Portfolio of Investments and subsequently “marked-to-market” to reflect current market value. When a portfolio writes an option, the premium received is included as a liability and subsequently “marked-to-market” to reflect current market value of the option written.

An interest rate swaption is an option to enter into an interest rate swap. A credit default swaption is an option to enter into a credit default swap. Inflation floors are instruments where in return for a premium, one party agrees to make payments to the other to the extent that the interest rate exceeds a specified rate (based on the Consumer Price Index or other designated measure), or “floor.”

The following table details how the portfolios used purchased option contracts during the period ended March 31, 2019:

Portfolio	Reason
Capital Appreciation Value Trust	To manage against anticipated changes in securities markets
Global Bond Trust	To gain exposure to the bond market and foreign currencies, manage against anticipated interest rate changes, manage duration of the portfolio and to maintain diversity of the portfolio
Investment Quality Bond Trust	To manage against anticipated changes in currency exchange rates

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Strategic Income Opportunities Trust To manage against anticipated changes in currency exchange rates

The following table details how the portfolios used written option contracts during the period ended March 31, 2019:

Portfolio	Reason
Capital Appreciation Value Trust	To manage against anticipated changes in securities markets
Global Bond Trust	To gain exposure to the bond market and foreign currencies, manage against anticipated interest rate changes, manage duration of the portfolio, maintain diversity of the portfolio and as a substitute for securities purchased
Strategic Income Opportunities Trust	To manage against anticipated changes in currency exchange rates

Swaps. Swap agreements are agreements between a portfolio and counterparty to exchange cash flows, assets, foreign currencies or market-linked returns at specified intervals. Swap agreements are privately negotiated in the OTC market (OTC swaps) or may be executed on a registered commodities exchange (centrally cleared swaps). Swaps are marked-to-market daily and the change in value is recorded as a component of unrealized appreciation/depreciation of swap contracts. The value of the swap will typically impose collateral posting obligations on the party that is considered out-of-the-money on the swap.

Upfront payments made/received by the portfolios are amortized/accreted for financial reporting purposes. A termination payment by the counterparty or a portfolio is recorded as realized gain or loss, as well as the net periodic payments received or paid by the portfolio.

Entering into swap agreements involves, to varying degrees, elements of credit, market and documentation risk that may amount to values that are in excess of the amounts recognized on the Statement of assets and liabilities. Such risks involve the possibility that there will be no liquid market for the swap, or that a counterparty may default on its obligation or delay payment under the swap terms. The counterparty may disagree or contest the terms of the swap. Market risks may also accompany the swap, including interest rate risk. A portfolio may also suffer losses if it is unable to terminate or assign outstanding swaps or reduce its exposure through offsetting transactions.

Interest rate swaps. Interest rate swaps represent an agreement between a portfolio and a counterparty to exchange cash flows based on the difference between two interest rates applied to a notional amount. The payment flows are usually netted against each other, with the difference being paid by one party to the other. The portfolio settles accrued net interest receivable or payable under the swap contracts at specified, future intervals.

The following table details how the portfolios used interest rate swap contracts during the period ended March 31, 2019:

Portfolio	Reason
Global Bond Trust	To manage against anticipated interest rate changes, manage duration of the portfolio, gain exposure to treasury markets and as a substitute for securities purchased
Investment Quality Bond Trust	To manage against anticipated interest rate changes and to manage duration of the portfolio

Credit default swaps. Credit default swaps (CDS) involve the exchange of a fixed rate premium (paid by the Buyer), for protection against the loss in value of an underlying debt instrument, referenced entity or index, in the event of a defined credit event (such as payment default or bankruptcy). Under the terms of the swap, one party acts as a “guarantor” (the Seller), receiving the premium and agreeing to contingent payments that are specified within the credit default agreement. The portfolios may enter into CDS in which it may act as either Buyer or Seller. By acting as the Seller, the portfolios may incur economic leverage since they would be obligated to pay the Buyer the notional amount of the contract in the event of a default. The amount of loss in such a case could be significant, but would typically be reduced by any recovery value on the underlying credit.

Credit default swaps – Buyer

The following table details how the portfolios used credit default swap contracts as Buyer of protection during the period ended March 31, 2019:

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Portfolio	Reason
Global Bond Trust	To manage against potential credit events and to gain exposure to a security or credit index
Investment Quality Bond Trust	To manage against potential credit events, gain exposure to a security or credit index and as a subsitute for securities purchased

Credit default swaps – Seller

Implied credit spreads are utilized in determining the market value of CDS agreements in which a portfolio is the Seller at period end. The implied credit spread generally represents the yield of the instrument above a credit-risk free rate, such as the U.S. Treasury Bond Yield, and may include upfront payments required to be made to enter into the agreement. It also serves as an indicator of the current status of the payment/performance risk and represents the likelihood or risk of default for the credit derivative. Wider credit spreads represent a deterioration of the referenced entity’s creditworthiness and an increased risk of default or other credit event occurring as defined under the terms of the agreement.

For CDS agreements where implied credit spreads are not reported or available, the average credit rating on the underlying index is shown. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the referenced entity’s creditworthiness and a greater likelihood of a credit event occurring. This is also represented by a decrease in the average credit rating of the underlying index. The maximum potential amount of future payments (undiscounted) that a portfolio as the Seller could be required to make under any CDS agreement equals the notional amount of the agreement.

The following table details how the portfolios used credit default swap contracts as Seller of protection during the period ended March 31, 2019:

Portfolio	Reason
Global Bond Trust	To take a long position in the exposure of the benchmark credit, gain exposure to a security or credit index and as a substitute for securities purchased
Investment Quality Bond Trust	To take a long position in the exposure of the benchmark credit, gain exposure to a security or credit index and as a substitute for securities purchased

Currency swaps. Cross-currency swap agreements involve two parties exchanging two different currencies with an agreement to reverse the exchange at a later date at specified exchange rates. The exchange of currencies at the inception date of the contract takes place at the current spot rate. The re-exchange at maturity may take place at the same exchange rate, a specified rate, or the then current spot rate. Interest payments, if applicable, are made between the parties based on interest rates available in the two currencies at the inception of the contract. Some cross-currency swaps may not provide for exchanging principal cash flows, but only for exchanging interest cash flows.

The following table details how the portfolios used currency swap contracts during the period ended March 31, 2019:

Portfolio	Reason
Global Bond Trust	To manage against anticipated changes in currency exchange rates, maintain diversity of the portfolio and to gain exposure to foreign currencies

Total return swaps. The portfolios may enter into total return swap contracts to obtain synthetic exposure to a specific reference asset or index without owning, taking physical custody of, or short selling the underlying assets. Total return swaps are commitments where one party pays a fixed or variable rate premium (the Buyer) in exchange for a market-linked return (the Seller). The Seller pays the total return of a specific reference asset or index and in return receives interest payments from the Buyer. To the extent the total return of the underlying asset or index exceeds or falls short of the offsetting interest rate obligation, the Buyer will receive or make a payment to the Seller. The portfolios may enter into total return swaps in which it may act as either the Buyer or the Seller. Total return swap contracts are subject to the risk associated with the investment in the underlying reference asset or index. The risk in the case of short total return swap contracts is unlimited based on the potential for unlimited increases in the market value of the underlying reference asset or index.

The following table details how the portfolios used total return swap contracts during the period ended March 31, 2019:

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Portfolio	Reason
Global Bond Trust	As a substitute for securities purchased

Investment in affiliated underlying portfolios. Lifestyle Aggressive Portfolio, Lifestyle Balanced Portfolio, Lifestyle Conservative Portfolio, Lifestyle Growth Portfolio, Lifestyle Moderate Portfolio, Managed Volatility Aggressive Portfolio, Managed Volatility Balanced Portfolio, Managed Volatility Conservative Portfolio, Managed Volatility Growth Portfolio and Managed Volatility Growth Portfolio invest primarily in affiliated underlying portfolios that are managed by the Advisor and its affiliates. The portfolios do not invest in the affiliated underlying portfolios for the purpose of exercising management or control; however, the portfolios’ investment may represent a significant portion of each underlying portfolios’ net assets.

Information regarding the portfolios’ fiscal year to date purchases and sales of the affiliated underlying portfolios as well as income and capital gains earned by the portfolios from their investments in affiliated underlying portfolios is as follows:

										Dividends and distributions
Portfolio	Beginning share amount		Shares purchased		Shares sold			Ending share amount		Income distributions received		Capital gain distributions received		Realized gain (loss)		Change in unrealized appreciation (depreciation)			Ending value
500 Index Trust
John Hancock Collateral Trust		330,763		11,767,951		(10,492,538	)		1,606,176		—		—	$	4,057	($	392	)	$	16,072,681
Active Bond Trust
John Hancock Collateral Trust		399,399		2,465,161		(2,500,752	)		363,808		—		—	$	2,110	($	402	)	$	3,640,556
Blue Chip Growth Trust
John Hancock Collateral Trust		3,608,891		6,177,755		(9,477,578	)		309,068		—		—	$	11,511	($	2,307	)	$	3,092,781
Capital Appreciation Trust
John Hancock Collateral Trust		883,269		5,886,649		(5,898,242	)		871,676		—		—	$	5,660	($	898	)	$	8,722,685
Capital Appreciation Value Trust
John Hancock Collateral Trust		192,039		2,417,982		(2,404,295	)		205,726		—		—	$	651	($	216	)	$	2,058,655
Core Bond Trust
John Hancock Collateral Trust		482,493		4,480,198		(4,739,816	)		222,875		—		—	$	1,265	($	186	)	$	2,230,266
Emerging Markets Value Trust
John Hancock Collateral Trust		321,844		1,462,181		(1,102,645	)		681,380		—		—	$	1,451	($	184	)	$	6,818,497

328

Equity Income Trust
John Hancock Collateral Trust	1,795,375	6,670,856	(7,884,256	)	581,975	—	—	$	6,651		($	278	)	$	5,823,710
Global Trust
John Hancock Collateral Trust	556,054	2,927,761	(2,999,564	)	484,251	—	—	$	2,091		($	469	)	$	4,845,849
High Yield Trust
John Hancock Collateral Trust	590,785	3,009,019	(2,747,055	)	852,749	—	—	$	3,002		($	447	)	$	8,533,285
International Equity Index Trust
John Hancock Collateral Trust	1,235,104	5,917,930	(4,435,092	)	2,717,942	—	—	$	5,826		($	1,150	)	$	27,198,175
Manulife Financial Corp.	71,400	—	—		71,400	—	—		—			194,446			1,207,498
						—	—	$	5,826		$	193,296		$	28,405,673
International Small Company Trust
John Hancock Collateral Trust	903,427	712,082	(511,132	)	1,104,377	—	—	$	373		$	3,050		$	11,051,391
International Value Trust
John Hancock Collateral Trust	415,182	3,691,032	(3,394,552	)	711,662	—	—	$	1,796		($	429	)	$	7,121,529
Investment Quality Bond Trust
John Hancock Collateral Trust	10,804	203,606	(112,930	)	101,480	—	—	$	104		($	41	)	$	1,015,494
Lifestyle Aggressive Portfolio
John Hancock Collateral Trust	55,274	563,945	(585,459	)	33,760	—	—	$	226		($	50	)	$	337,832
Strategic Equity Allocation	1,485,586	82,028	(51,210	)	1,516,404	—	—		109,635			3,148,538			29,221,106
						—	—	$	109,861		$	3,148,488		$	29,558,938
Lifestyle Balanced Portfolio
Select Bond	35,456,668	1,088,789	(131,809	)	36,413,648	—	—	($	54,974	)	$	15,622,202		$	488,307,014
Strategic Equity Allocation	25,731,123	535,340	(842,517	)	25,423,946	—	—		1,684,165			54,041,533			489,919,436
						—	—	$	1,629,191		$	69,663,735		$	978,226,450

329

Lifestyle Conservative Portfolio
Select Bond	11,092,242	270,738	(349,009	)	11,013,971	—	—	($	132,308	)	$	4,919,346	$	147,697,357
Strategic Equity Allocation	2,121,271	58,977	(259,439	)	1,920,809	—	—		975,729			3,413,342		37,013,988
						—	—	$	843,421		$	8,332,688	$	184,711,345
Lifestyle Growth Portfolio
Select Bond	136,878,053	1,084,524	(504,836	)	137,457,741	—	—	($	603,763	)	$	59,603,506	$	1,843,308,307
Strategic Equity Allocation	233,132,290	488,728	(6,913,827	)	226,707,191	—	—		15,643,970			481,460,237		4,368,647,561
						—	—	$	15,040,207		$	541,063,743	$	6,211,955,868
Lifestyle Moderate Portfolio
Select Bond	13,223,398	352,367	(211,292	)	13,364,473	—	—	($	97,434	)	$	5,840,651	$	179,217,580
Strategic Equity Allocation	6,326,739	115,451	(265,911	)	6,176,279	—	—		531,824			13,102,039		119,016,896
						—	—	$	434,390		$	18,942,690	$	298,234,476
Managed Volatility Aggressive Portfolio
Blue Chip Growth	1,028,854	40,783	(115,422	)	954,215	—	—	$	245,286		$	4,702,435		34,323,101
Capital Appreciation	272,706	—	(22,492	)	250,214	—	—		(21,831	)		575,241	$	3,563,048
Emerging Markets Equity	2,763,999	—	—		2,763,999	—	—		—			3,537,918		29,353,664
Equity Income	2,347,297	74,570	(150,022	)	2,271,845	—	—		(580,166	)		3,987,457		34,236,711
Fundamental Large Cap Core	794,778	—	—		794,778	—	—		—			5,285,275		36,202,152
Fundamental Large Cap Value	308,571	—	(15,531	)	293,040	—	—		(49,793	)		557,072		3,531,135
Mid Cap Stock	755,854	39,675	(139,855	)	655,674	—	—		165,840			2,592,673		13,047,910
Mid Value	1,282,606	54,943	(89,898	)	1,247,651	—	—		(214,118	)		1,489,279		13,025,481
Multifactor Developed International ETF	506,859	—	—		506,859	—	—		—			1,297,153		14,232,195
Multifactor Emerging Markets ETF	490,805	—	—		490,805	—	—		—			1,141,171		12,537,663
Multifactor Large Cap ETF	595,345	—	—		595,345	—	—		—			2,625,472		21,706,279

330

Multifactor Mid Cap ETF	297,249	—	—		297,249		—	—		—			1,397,070		10,445,330
Multifactor Small Cap ETF	573,906	—	—		573,906		—	—		—			1,882,411		14,864,165
Small Cap Growth	294,838	16,537	(37,693	)	273,682		—	—		(193,374	)		832,965		4,570,495
Small Cap Value	273,967	18,520	(26,803	)	265,684		—	—		(204,724	)		631,492		4,559,137
Strategic Equity Allocation	3,866,417	123,104	(292,240	)	3,697,281		—	—		552,103			7,495,574		71,246,610
							—	—	($	300,777	)	$	40,030,658	$	321,445,076
Managed Volatility Balanced Portfolio
Blue Chip Growth	8,416,064	—	(1,004,978	)	7,411,086		—	—	$	3,268,011		$	37,101,440	$	266,576,779
Bond	54,752,397	727,236	(810,532	)	54,669,101	$	8,050,720	—		202,920			25,467,521		857,211,505
Capital Appreciation	1,672,193	—	(27,669	)	1,644,524		—	—		7,458			3,554,854		23,418,027
Core Bond	22,946,493	163,924	(191,124	)	22,919,293		—	—		(145,116	)		8,853,901		297,950,805
Emerging Markets Equity	19,624,227	—	—		19,624,227		—	—		—			25,119,011		208,409,294
Equity Income	19,122,671	—	(1,423,820	)	17,698,851		—	—		916,214			27,055,157		266,721,681
Fundamental Large Cap Core	6,158,331	—	—		6,158,331		—	—		—			40,952,903		280,511,988
Fundamental Large Cap Value	3,583,025	—	(219,505	)	3,363,520		—	—		(475,529	)		6,484,836		40,530,414
Global Conservative Absolute Return	2,147,306	—	(14,072	)	2,133,234		—	—		(8,871	)		650,384		20,393,719
Mid Cap Stock	4,285,336	—	(763,269	)	3,522,067		—	—		2,519,472			13,056,751		70,089,138
Mid Value	7,233,502	—	(479,061	)	6,754,441		—	—		(1,692,156	)		8,946,847		70,516,362
Multifactor Developed International ETF	4,003,892	—	—		4,003,892		—	—		—			10,246,760		112,426,084
Multifactor Emerging Markets ETF	3,458,359	—	—		3,458,359		—	—		—			8,041,030		88,344,126
Multifactor Large Cap ETF	5,133,964	—	—		5,133,964		—	—		—			22,640,781		187,184,327
Multifactor Mid Cap ETF	3,271,665	—	—		3,271,665		—	—		—			15,376,825		114,966,308
Multifactor Small Cap ETF	3,387,351	—	—		3,387,351		—	—		—			11,110,511		87,732,391
Select Bond	162,209,254	1,546,334	(2,207,940	)	161,547,648		—	—		(1,863,906	)		71,244,716		2,166,353,963
Small Cap Growth	2,523,885	—	(319,087	)	2,204,798		—	—		(1,573,215	)		7,037,764		36,820,122

331

Small Cap Value	2,339,909	4,721	(230,989	)	2,113,641		—	—		(560,758	)		4,292,520		36,270,086
Strategic Equity Allocation	87,107,199	—	(7,720,279	)	79,386,920		—	—		46,984,149			134,143,116		1,529,785,952
						$	8,050,720	—	$	47,578,673		$	481,377,628	$	6,762,213,071
Managed Volatility Conservative Portfolio
Blue Chip Growth	742,753	9,278	(129,301	)	622,730		—	—	$	622,472		$	2,838,763	$	22,399,583
Bond	14,965,406	198,946	(388,466	)	14,775,886	$	2,192,731	—		87,342			6,885,324		231,685,889
Capital Appreciation	239,578	—	(22,568	)	217,010		—	—		(3,470	)		504,005		3,090,224
Core Bond	6,252,703	36,950	(111,400	)	6,178,253		—	—		(112,966	)		2,477,174		80,317,288
Emerging Markets Equity	856,015	—	—		856,015		—	—		—			1,095,699		9,090,882
Equity Income	1,645,897	17,132	(182,607	)	1,480,422		—	—		(785,662	)		3,170,956		22,309,956
Fundamental Large Cap Core	528,300	—	—		528,300		—	—		—			3,513,194		24,064,055
Fundamental Large Cap Value	263,907	—	(14,295	)	249,612		—	—		(35,794	)		478,958		3,007,826
Global Conservative Absolute Return	605,449	—	(11,842	)	593,607		—	—		(7,100	)		186,845		5,674,887
Multifactor Developed International ETF	18,829	—	—		18,829		—	—		—			48,187		528,703
Multifactor Emerging Markets ETF	147,175	—	—		147,175		—	—		—			342,196		3,759,600
Multifactor Large Cap ETF	333,512	—	—		333,512		—	—		—			1,470,788		12,159,848
Multifactor Mid Cap ETF	429,501	—	—		429,501		—	—		—			2,018,655		15,092,665
Multifactor Small Cap ETF	344,636	—	—		344,636		—	—		—			1,130,406		8,926,072
Select Bond	44,241,551	195,256	(849,693	)	43,587,114		—	—		(350,964	)		19,244,754		584,503,203
Strategic Equity Allocation	5,990,400	79,020	(748,012	)	5,321,408		—	—		810,277			11,530,890		102,543,541
						$	2,192,731	—	$	224,135		$	56,936,794	$	1,129,154,222
Managed Volatility Growth Portfolio
Blue Chip Growth	12,595,838	—	(1,339,217	)	11,256,621		—	—	$	14,722,925		$	45,674,020	$	404,900,665

332

Bond	39,444,500	855,336	(496,083	)	39,803,753	$	5,810,958	—		117,770			18,443,742		624,122,847
Capital Appreciation	1,332,976	—	(146,593	)	1,186,383		—	—		(75,335	)		2,802,590		16,894,090
Core Bond	16,565,841	288,367	(140,819	)	16,713,389		—	—		(174,173	)		6,469,064		217,274,063
Emerging Markets Equity	39,382,661	—	—		39,382,661		—	—		—			50,409,805		418,243,856
Equity Income	28,539,165	—	(1,657,660	)	26,881,505		—	—		(533,739	)		42,357,590		405,104,283
Fundamental Large Cap Core	10,425,409	—	—		10,425,409		—	—		—			69,328,966		474,877,358
Fundamental Large Cap Value	2,552,052	—	(128,243	)	2,423,809		—	—		(323,943	)		4,606,773		29,206,901
Global Conservative Absolute Return	2,232,397	—	(4,154	)	2,228,243		—	—		(3,074	)		671,547		21,302,001
Mid Cap Stock	9,056,694	—	(1,308,334	)	7,748,360		—	—		4,798,479			28,792,654		154,192,363
Mid Value	15,528,178	—	(759,604	)	14,768,574		—	—		(2,477,213	)		18,102,360		154,183,916
Multifactor Developed International ETF	9,838,683	—	—		9,838,683		—	—		—			25,179,158		276,262,348
Multifactor Emerging Markets ETF	7,143,056	—	—		7,143,056		—	—		—			16,608,320		182,470,080
Multifactor Large Cap ETF	7,728,647	—	—		7,728,647		—	—		—			34,083,334		281,786,470
Multifactor Mid Cap ETF	4,790,021	—	—		4,790,021		—	—		—			22,513,099		168,321,338
Multifactor Small Cap ETF	7,078,166	—	—		7,078,166		—	—		—			23,216,384		183,324,499
Select Bond	117,024,515	3,597,598	(2,905,615	)	117,716,498		—	—		(2,204,081	)		52,072,438		1,578,578,243
Small Cap Growth	4,296,673	—	(388,773	)	3,907,900		—	—		(1,883,340	)		11,335,556		65,261,923
Small Cap Value	3,996,832	18,272	(291,263	)	3,723,841		—	—		(919,650	)		7,346,923		63,901,107
Strategic Equity Allocation	157,744,193	—	(12,743,890	)	145,000,303		—	—		76,224,948			251,296,439		2,794,155,846
						$	5,810,958	—	$	87,269,574		$	731,310,762	$	8,514,364,197
Managed Volatility Moderate Portfolio
Blue Chip Growth	2,180,947	—	(270,662	)	1,910,285		—	—	$	1,158,177		$	9,310,715	$	68,712,956
Bond	19,171,858	181,263	(355,973	)	18,997,148	$	2,811,148	—		80,033			8,870,954		297,875,279
Capital Appreciation	1,040,639	—	(107,591	)	933,048		—	—		94,503			2,067,864		13,286,609

333

Core Bond	8,040,543	—	(67,164	)	7,973,379		—	—		(52,033	)		3,093,691			103,653,931
Emerging Markets Equity	3,568,536	—	—		3,568,536		—	—		—			4,567,726			37,897,851
Equity Income	4,932,510	—	(367,019	)	4,565,491		—	—		(497,941	)		7,728,556			68,801,951
Fundamental Large Cap Core	1,414,322	—	—		1,414,322		—	—		—			9,405,240			64,422,359
Fundamental Large Cap Value	1,173,376	—	(71,060	)	1,102,316		—	—		(151,286	)		2,116,945			13,282,910
Global Conservative Absolute Return	833,043	—	(13,540	)	819,503		—	—		(7,816	)		255,871			7,834,449
Mid Cap Stock	1,128,408	1,326	(185,624	)	944,110		—	—		660,856			3,512,700			18,787,783
Mid Value	1,937,472	—	(119,026	)	1,818,446		—	—		(86,660	)		2,036,925			18,984,577
Multifactor Developed International ETF	509,781	—	—		509,781		—	—		—			1,304,632			14,314,243
Multifactor Emerging Markets ETF	625,592	—	—		625,592		—	—		—			1,454,564			15,980,810
Multifactor Large Cap ETF	1,128,329	—	—		1,128,329		—	—		—			4,975,931			41,138,875
Multifactor Mid Cap ETF	412,022	—	—		412,022		—	—		—			1,936,503			14,478,453
Multifactor Small Cap ETF	459,077	—	—		459,077		—	—		—			1,505,772			11,890,094
Select Bond	56,796,425	—	(638,901	)	56,157,524		—	—		(482,486	)		24,771,764			753,072,392
Small Cap Growth	590,961	5,249	(72,889	)	523,321		—	—		(339,739	)		1,642,714			8,739,460
Small Cap Value	550,497	4,790	(53,133	)	502,154		—	—		(407,393	)		1,299,840			8,616,970
Strategic Equity Allocation	20,940,003	—	(1,955,734	)	18,984,269		—	—		11,956,636			31,571,285			365,826,861
						$	2,811,148	—	$	11,924,851		$	123,430,192		$	1,947,598,813
Mid Cap Index Trust
John Hancock Collateral Trust	4,164,314	7,614,018	(8,339,521	)	3,438,811		—	—	$	17,331		($	2,499	)	$	34,411,499
Mid Cap Stock Trust
John Hancock Collateral Trust	3,903,774	22,070,710	(22,592,150	)	3,382,334		—	—	$	15,001		($	3,277	)	$	33,846,337
Mid Value Trust
John Hancock Collateral Trust	2,358,798	5,980,323	(6,300,005	)	2,039,116		—	—	$	11,003		($	2,087	)	$	20,405,024

334

Mutual Shares Trust
John Hancock Collateral Trust	16,497	1,024,573	(1,041,070	)	—	—	—	$	398	($	14	)		—
Science & Technology Trust
John Hancock Collateral Trust	5,649,695	12,815,551	(16,566,344	)	1,898,902	—	—	$	14,583	($	3,654	)	$	19,001,936
Select Bond Trust
John Hancock Collateral Trust	7,675,190	41,789,070	(48,933,013	)	531,247	—	—	$	34,719	($	5,358	)	$	5,316,087
Short Term Government Income Trust
John Hancock Collateral Trust	1,474,568	54,304	(1,528,872	)	—	—	—	$	2,347	($	147	)		—
Small Cap Index Trust
John Hancock Collateral Trust	3,419,182	2,631,858	(3,218,788	)	2,832,252	—	—	$	9,250	$	3,416		$	28,341,779
Small Cap Opportunities Trust
John Hancock Collateral Trust	145,104	382,339	(363,317	)	164,126	—	—	$	603	($	137	)	$	1,642,374
Small Cap Stock Trust
John Hancock Collateral Trust	2,296,064	6,114,622	(7,408,726	)	1,001,960	—	—	$	10,778	($	1,711	)	$	10,026,413
Small Cap Value Trust
John Hancock Collateral Trust	475,003	2,844,585	(3,184,167	)	135,421	—	—	$	2,333	($	325	)	$	1,355,126
Small Company Value Trust
John Hancock Collateral Trust	548,433	1,316,379	(1,454,634	)	410,178	—	—	$	1,951	($	355	)	$	4,104,570
Strategic Equity Allocation Trust
John Hancock Collateral Trust	10,513,309	41,044,076	(37,451,070	)	14,106,315	—	—	$	24,274	$	9,971		$	141,159,068
Strategic Income Opportunities Trust
John Hancock Collateral Trust	556,354	2,330,311	(2,298,881	)	587,785	—	—	$	2,058	($	380	)	$	5,881,849
Total Bond Market Trust

335

John Hancock Collateral Trust	293,633	808,283	(835,070	)	266,846	—	—	$	1,224	($	16	)	$	2,670,275
Total Stock Market Index Trust
John Hancock Collateral Trust	886,116	1,894,546	(2,109,752	)	670,910	—	—	$	3,379	($	431	)	$	6,713,666
Ultra Short Term Bond Trust
John Hancock Collateral Trust	132,459	3,233,798	3,366,257		—	—	—	$	1,388	$	79			—
Utilities Trust
John Hancock Collateral Trust	909,916	3,535,425	(3,786,092	)	659,249	—	—	$	4,096	($	745	)	$	6,596,972

Direct placement securities. The portfolios may hold private placement 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 direct placement securities held at March 31, 2019:

Portfolio	Issuer, Description	Original acquisition date		Acquisition cost		Beginning share amount		Ending share amount		Value as a percentage of portfolio’s net assets			Value as of 3-31-19
Health Sciences Trust	Acerta Pharma BV, Class B		2/8/2016	$	128,018		4,276,305		4,276,305		0.1	%	$	378,881
Health Sciences Trust	Doximity, Inc.		4/10/2014		152,390		31,611		31,611		0.1	%		163,429
Health Sciences Trust	JAND, Inc., Class A		4/23/2015		170,752		14,867		14,867		0.1	%		222,856
Health Sciences Trust	JAND, Inc., Series D		4/23/2015		381,289		33,198		33,198		0.2	%		497,638
													$	1,262,804
High Yield Trust	New Cotai, Inc., Class B		4/12/2013		—		3		3		0.0	%*	$	72,406
Mid Cap Stock Trust	Coupang LLC		11/20/2014	$	3,902,615		1,177,710		1,177,710		0.9	%	$	6,713,889
Mid Cap Stock Trust	DraftKings, Inc.		12/4/2014		1,551,991		1,058,486		1,058,486		0.3	%		2,466,272
Mid Cap Stock Trust	Essence Group Holdings Corp.		5/1/2014		2,731,549		1,663,188		1,663,188		0.6	%		4,923,036
Mid Cap Stock Trust	JAND, Inc., Class A		4/23/2015		345,543		28,798		28,798		0.1	%		431,682
Mid Cap Stock Trust	JAND, Inc., Series D		4/23/2015		771,614		64,307		64,307		0.1	%		963,962
Mid Cap Stock Trust	Lookout, Inc., Series F		7/31/2014		2,338,736		211,003		211,003		0.2	%		1,498,121
Mid Cap Stock Trust	MarkLogic Corp., Series F		4/27/2015		2,909,989		253,035		253,035		0.3	%		2,479,743
Mid Cap Stock Trust	Pinterest, Inc., Series G		3/16/2015		3,383,975		454,185		454,185		0.4	%		3,188,379
Mid Cap Stock Trust	The Honest Company, Inc.		8/20/2014		2,080,622		75,561		75,561		0.3	%		2,346,925
Mid Cap Stock Trust	Uber Technologies, Inc.		6/5/2014		7,562,821		420,446		420,446		3.0	%		22,943,738
Mid Cap Stock Trust	WeWork Companies, Inc., Class A		12/8/2014		158,279		7,544		7,544		0.1	%		474,140
Mid Cap Stock Trust	WeWork Companies, Inc., Series D1		12/8/2014		2,163,707		103,140		103,140		0.8	%		6,535,982

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Mid Cap Stock Trust	WeWork Companies, Inc., Series D2	12/8/2014		1,700,068	81,039	81,039	0.7	%		5,135,441
									$	60,101,310
Science & Technology Trust	Airbnb, Inc., Series E	7/14/2015	$	802,846	8,624	8,624	0.1	%	$	941,913
Science & Technology Trust	Didi Chuxing, Inc.	10/19/2015		260,905	9,513	9,513	0.1	%		456,529
									$	1,398,442
Small Cap Stock Trust	DraftKings, Inc.	7/13/2015	$	1,234,765	327,094	327,094	0.3	%	$	762,129
Small Cap Stock Trust	MarkLogic Corp., Series F	4/27/2015		1,781,885	153,423	153,423	0.5	%		1,503,545
Small Cap Stock Trust	The Honest Company, Inc., Series D	8/3/2015		1,233,280	26,954	26,954	0.3	%		990,829
									$	3,256,503

* Less than 0.05%

The American Funds Insurance Series’ accounting policies and portfolios are outlined in their financial statements, available at the SEC’s website at www.sec.gov, or at the SEC’s public reference room in Washington, D.C. These funds are not covered by this report.

For additional information on the portfolios’ significant accounting policies, please refer to the portfolios’ most recent semiannual or annual shareholder report.

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