NPORT-P false 0000810573 XXXXXXXX S000006255 C000017204 DEUTSCHE DWS VARIABLE SERIES II 811-05002 0000810573 7WRERVUOG2HKG87QIP75 875 Third Avenue NEW YORK 10022-6225 212-454-4500 DWS CROCI(R) U.S. VIP S000006255 ESXHT0DJX0R3G9LR0N72 2025-12-31 2025-12-31 N 145870324.66 161237.32 145709087.34 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 3415.47000000 UST Acuity Inc N/A 00508Y102 1786.00000000 NS USD 643031.44000000 0.441311830125 Long EC CORP US N 1 N N N Alphabet Inc 5493006MHB84DD0ZWV18 02079K305 15130.00000000 NS USD 4735690.00000000 3.250099281007 Long EC CORP US N 1 N N N Altria Group Inc XSGZFLO9YTNO9VCQV219 02209S103 45446.00000000 NS USD 2620416.36000000 1.798389110684 Long EC CORP US N 1 N N N Applied Materials Inc 41BNNE1AFPNAZELZ6K07 038222105 13417.00000000 NS USD 3448034.83000000 2.366382833731 Long EC CORP US N 1 N N N AutoNation Inc N/A 05329W102 6206.00000000 NS USD 1281414.88000000 0.879433742529 Long EC CORP US N 1 N N N Bank of America Corp 9DJT3UXIJIZJI4WXO774 060505104 24029.00000000 NS USD 1321595.00000000 0.907009318448 Long EC CORP US N 1 N N N Bath & Body Works Inc GR3KVMWVCR54YWQNXU90 070830104 38483.00000000 NS USD 772738.64000000 0.530329750948 Long EC CORP US N 1 N N N BioMarin Pharmaceutical Inc NSLL8ITTRR0J5HEMR848 09061G101 35519.00000000 NS USD 2110894.17000000 1.448704544469 Long EC CORP US N 1 N N N Boyd Gaming Corp 254900787YGRYS2A1Z35 103304101 40098.00000000 NS USD 3417953.52000000 2.345738060951 Long EC CORP US N 1 N N N Bristol-Myers Squibb Co HLYYNH7UQUORYSJQCN42 110122108 82395.00000000 NS USD 4444386.30000000 3.050177844865 Long EC CORP US N 1 N N N Capital One Financial Corp ZUE8T73ROZOF6FLBAR73 14040H105 3856.00000000 NS USD 934540.16000000 0.641373971287 Long EC CORP US N 1 N N N Cisco Systems Inc 549300LKFJ962MZ46593 17275R102 20160.00000000 NS USD 1552924.80000000 1.065770727378 Long EC CORP US N 1 N N N Citigroup Inc 6SHGI4ZSSLCXXQSBB395 172967424 3772.00000000 NS USD 440154.68000000 0.302077713912 Long EC CORP US N 1 N N N Cognizant Technology Solutions Corp 5493006IEVQEFQO40L83 192446102 92592.00000000 NS USD 7685136.00000000 5.274301102488 Long EC CORP US N 1 N N N Constellation Brands Inc 5493005GKEG8QCVY7037 21036P108 2611.00000000 NS USD 360213.56000000 0.247214203709 Long EC CORP US N 1 N N N Cummins Inc ZUNI8PYC725B6H8JU438 231021106 3439.00000000 NS USD 1755437.55000000 1.204755023894 Long EC CORP US N 1 N N N DR Horton Inc 529900ZIUEYVSB8QDD25 23331A109 19879.00000000 NS USD 2863172.37000000 1.964992316037 Long EC CORP US N 1 N N N Dell Technologies Inc 549300TJB5YBRUPOG437 24703L202 10210.00000000 NS USD 1285234.80000000 0.882055349781 Long EC CORP US N 1 N N N Delta Air Lines Inc Q2CCMS6R0AS67HJMBN42 247361702 12589.00000000 NS USD 873676.60000000 0.599603371312 Long EC CORP US N 1 N N N Devon Energy Corp 54930042348RKR3ZPN35 25179M103 95806.00000000 NS USD 3509373.78000000 2.408479693384 Long EC CORP US N 1 N N N Dollar General Corp OPX52SQVOZI8IVSWYU66 256677105 3289.00000000 NS USD 436680.53000000 0.299693408264 Long EC CORP US N 1 N N N EOG Resources Inc XWTZDRYZPBUHIQBKDB46 26875P101 6118.00000000 NS USD 642451.18000000 0.440913598271 Long EC CORP US N 1 N N N Meta Platforms Inc BQ4BKCS1HXDV9HN80Z93 30303M102 4061.00000000 NS USD 2680625.49000000 1.839710576008 Long EC CORP US N 1 N N N Ferguson Enterprises Inc 2138003JYQMRP3SLX189 31488V107 1563.00000000 NS USD 347970.69000000 0.238811934349 Long EC CORP US N 1 N N N Fifth Third Bancorp THRNG6BD57P9QWTQLG42 316773100 8879.00000000 NS USD 415625.99000000 0.285243698651 Long EC CORP US N 1 N N N Fiserv Inc GI7UBEJLXYLGR2C7GV83 337738108 19646.00000000 NS USD 1319621.82000000 0.905655127000 Long EC CORP US N 1 N N N Fox Corp 549300DDU6FDRBIELS05 35137L105 78592.00000000 NS USD 5742717.44000000 3.941221199608 Long EC CORP US N 1 N N N GE HealthCare Technologies Inc 549300OI9J7XOWZMUN85 36266G107 5741.00000000 NS USD 470876.82000000 0.323162287676 Long EC CORP US N 1 N N N Gilead Sciences Inc 549300WTZWR07K8MNV44 375558103 18814.00000000 NS USD 2309230.36000000 1.584822472061 Long EC CORP US N 1 N N N Global Payments Inc 549300NOMHGVQBX6S778 37940X102 20909.00000000 NS USD 1618356.60000000 1.110676505867 Long EC CORP US N 1 N N N HCA Healthcare Inc 529900PH4ZGUH2MNEU89 40412C101 1574.00000000 NS USD 734837.64000000 0.504318332792 Long EC CORP US N 1 N N N Hologic Inc 549300DYP6F5ZJL0LB74 436440101 16138.00000000 NS USD 1202119.62000000 0.825013485394 Long EC CORP US N 1 N N N JPMorgan Chase & Co 8I5DZWZKVSZI1NUHU748 46625H100 11243.00000000 NS USD 3622719.46000000 2.486268719497 Long EC CORP US N 1 N N N Johnson & Johnson 549300G0CFPGEF6X2043 478160104 21097.00000000 NS USD 4366024.15000000 2.996397980183 Long EC CORP US N 1 N N N Keurig Dr Pepper Inc DYTQ8KRTKO7Y2BVU5K74 49271V100 12564.00000000 NS USD 351917.64000000 0.241520722162 Long EC CORP US N 1 N N N Kraft Heinz Co/The 9845007488EC87F5AF14 500754106 194536.00000000 NS USD 4717498.00000000 3.237614129715 Long EC CORP US N 1 N N N Leidos Holdings Inc 549300IUTGTP6EJP8124 525327102 9405.00000000 NS USD 1696662.00000000 1.164417423081 Long EC CORP US N 1 N N N Lockheed Martin Corp DPRBOZP0K5RM2YE8UU08 539830109 4006.00000000 NS USD 1937582.02000000 1.329760590345 Long EC CORP US N 1 N N N Masco Corp 5GCSNMQXHEYA1JO8QN11 574599106 10581.00000000 NS USD 671470.26000000 0.460829363671 Long EC CORP US N 1 N N N Merck & Co Inc 4YV9Y5M8S0BRK1RP0397 58933Y105 49531.00000000 NS USD 5213633.06000000 3.578111122084 Long EC CORP US N 1 N N N Molson Coors Beverage Co 54930073LBBH6ZCBE225 60871R209 53867.00000000 NS USD 2514511.56000000 1.725706753026 Long EC CORP US N 1 N N Newmont Corp 549300VSP3RIX7FGDZ51 651639106 22009.00000000 NS USD 2197598.65000000 1.508209741834 Long EC CORP US N 1 N N N Gen Digital Inc YF6ZV0M6AU4FY94MK914 668771108 58444.00000000 NS USD 1589092.36000000 1.090592487407 Long EC CORP US N 1 N N N ONEOK Inc 2T3D6M0JSY48PSZI1Q41 682680103 27635.00000000 NS USD 2031172.50000000 1.393991642580 Long EC CORP US N 1 N N N PACCAR Inc KDTEY8BWE486IKZ3CC07 693718108 16795.00000000 NS USD 1839220.45000000 1.262255143845 Long EC CORP US N 1 N N N PayPal Holdings Inc 5493005X2GO78EFZ3E94 70450Y103 36259.00000000 NS USD 2116800.42000000 1.452757997900 Long EC CORP US N 1 N N N PepsiCo Inc FJSUNZKFNQ5YPJ5OT455 713448108 2463.00000000 NS USD 353489.76000000 0.242599666536 Long EC CORP US N 1 N N N Pfizer Inc 765LHXWGK1KXCLTFYQ30 717081103 155440.00000000 NS USD 3870456.00000000 2.656290057577 Long EC CORP US N 1 N N N QUALCOMM Inc H1J8DDZKZP6H7RWC0H53 747525103 21323.00000000 NS USD 3647299.15000000 2.503137736007 Long EC CORP US N 1 N N N Regeneron Pharmaceuticals Inc 549300RCBFWIRX3HYQ56 75886F107 3633.00000000 NS USD 2804203.71000000 1.924522184025 Long EC CORP US N 1 N N N Regions Financial Corp CW05CS5KW59QTC0DG824 7591EP100 22635.00000000 NS USD 613408.50000000 0.420981636216 Long EC CORP US N 1 N N N SS&C Technologies Holdings Inc 529900POY8H7NPPNKK71 78467J100 26316.00000000 NS USD 2300544.72000000 1.578861526070 Long EC CORP US N 1 N N N J M Smucker Co/The 5493000WDH6A0LHDJD55 832696405 24500.00000000 NS USD 2396345.00000000 1.644609161821 Long EC CORP US N 1 N N N State Street Corp 549300ZFEEJ2IP5VME73 857477103 30292.00000000 NS USD 3907970.92000000 2.682036509418 Long EC CORP US N 1 N N N Synchrony Financial 549300RS7EWPM9MA6C78 87165B103 50591.00000000 NS USD 4220807.13000000 2.896735685504 Long EC CORP US N 1 N N N T-Mobile US Inc 549300QHIJYOHPACPG31 872590104 2894.00000000 NS USD 587597.76000000 0.403267751330 Long EC CORP US N 1 N N N Teleflex Inc UUL85LWXB4NGSWWXIQ25 879369106 16504.00000000 NS USD 2014148.16000000 1.382307855171 Long EC CORP US N 1 N N N Tenet Healthcare Corp 0W9AIBT6U6ADJ2I8HK17 88033G407 6492.00000000 NS USD 1290090.24000000 0.885387633366 Long EC CORP US N 1 N N N Travel + Leisure Co T4VNTWMFQ7JQB65L7T35 894164102 21228.00000000 NS USD 1497210.84000000 1.027534292700 Long EC CORP US N 1 N N N US Bancorp N1GZ7BBF3NP8GI976H15 902973304 34605.00000000 NS USD 1846522.80000000 1.267266739301 Long EC CORP US N 1 N N N Viatris Inc 254900ZZTSW7NL773X71 92556V106 229598.00000000 NS USD 2858495.10000000 1.961782310344 Long EC CORP US N 1 N N N Warner Bros Discovery Inc 5493006ZCRFWKF6B1K26 934423104 53103.00000000 NS USD 1530428.46000000 1.050331511876 Long EC CORP US N 1 N N N Wells Fargo & Co PBLD0EJDB5FWOLXP3B76 949746101 14892.00000000 NS USD 1387934.40000000 0.952537981904 Long EC CORP US N 1 N N N DWS 5493003GD84DGSXJ7618 25160K306 1226065.46000000 NS USD 1226065.46000000 0.841447491287 Long STIV RF US N 1 N N N Zimmer Biomet Holdings Inc 2P2YLDVPES3BXQ1FRB91 98956P102 6560.00000000 NS USD 589875.20000000 0.404830756110 Long EC CORP US N 1 N N N Allegion plc 984500560CAC2E6FB757 000000000 6644.00000000 NS USD 1057857.68000000 0.726006661157 Long EC CORP IE N 1 N N N Amdocs Ltd 549300HQV672RJ7RQV66 000000000 30765.00000000 NS USD 2476890.15000000 1.699887217205 Long EC CORP GG N 1 N N N Aptiv PLC N/A 000000000 15940.00000000 NS USD 1212874.60000000 0.832394617344 Long EC CORP JE N 1 N N N Medtronic PLC 549300GX3ZBSQWUXY261 000000000 20968.00000000 NS USD 2014186.08000000 1.382333879629 Long EC CORP IE N 1 N N N Smurfit WestRock PLC 635400EGSEOPDW2EXS14 000000000 9953.00000000 NS USD 384882.51000000 0.264144479267 Long EC CORP IE N 1 N N N Amrize Ltd 529900SLCCO6K43P8146 000000000 13678.00000000 NS USD 739706.24000000 0.507659648072 Long EC CORP CH N 1 N N N 2026-01-15 DEUTSCHE DWS VARIABLE SERIES II Diane Kenneally Diane Kenneally Treasurer and Chief Financial Officer