UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM N-Q

QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED

MANAGEMENT INVESTMENT COMPANY

Investment Company Act file number: 811-08272

TRANSAMERICA PARTNERS PORTFOLIOS

(Exact Name of Registrant as Specified in Charter)

1801 California St., Suite 5200, Denver, CO 80202

(Address of Principal Executive Offices) (Zip Code)

Registrant’s Telephone Number, including Area Code: (720) 493-4256

Tané T. Tyler, General Counsel, 1801 California St., Suite 5200, Denver, CO 80202

(Name and Address of Agent for Service)

Date of fiscal year end: December 31

Date of reporting period: January 1, 2015 – September 30, 2015

Item 1. Schedule of Investments.

The unaudited Schedules of Investments of Registrant as of September 30, 2015 are attached.

Transamerica Partners Portfolios

Quarterly Schedules of Investments

September 30, 2015

Money Market Fund

Transamerica Partners Money Market Portfolio

Bond Funds

Transamerica Partners High Quality Bond Portfolio

Transamerica Partners Inflation-Protected Securities Portfolio

Transamerica Partners Core Bond Portfolio

Transamerica Partners High Yield Bond Portfolio

Balanced Fund

Transamerica Partners Balanced Portfolio

Stock Funds

Transamerica Partners Large Value Portfolio

Transamerica Partners Large Core Portfolio

Transamerica Partners Large Growth Portfolio

Transamerica Partners Mid Value Portfolio

Transamerica Partners Mid Growth Portfolio

Transamerica Partners Small Value Portfolio

Transamerica Partners Small Core Portfolio

Transamerica Partners Small Growth Portfolio

Transamerica Partners International Equity Portfolio

Transamerica Partners Money Market Portfolio

SCHEDULE OF INVESTMENTS

At September 30, 2015

(unaudited)

	Principal		Value
CERTIFICATES OF DEPOSIT - 14.2%
Banks - 14.2%
Bank of Nova Scotia
0.33%, 06/10/2016 (A)		$  27,000,000		$  27,000,000
Bank of Tokyo-Mitsubishi UFJ, Ltd.
0.66%, 06/22/2016 (A)		22,000,000		22,000,000
Mizuho Bank, Ltd.
0.40%, 02/04/2016 (A)		20,000,000		20,000,000
Standard Chartered Bank
0.36%, 11/16/2015 (A)		16,000,000		16,000,000
Sumitomo Mitsui Banking Corp.
0.39%, 03/02/2016 (A)		17,500,000		17,500,000
Wells Fargo Bank NA
0.35%, 01/29/2016 (A)		18,000,000		18,000,000
Total Certificates of Deposit (Cost $120,500,000)				120,500,000
CORPORATE DEBT SECURITIES - 4.2%
Capital Markets - 2.2%
Goldman Sachs Group, Inc.
0.62%, 11/09/2015 (B)		19,000,000		19,000,000
Diversified Financial Services - 2.0%
Bank of America NA
0.31%, 10/01/2015		17,000,000		17,000,000
Total Corporate Debt Securities (Cost $36,000,000)				36,000,000
COMMERCIAL PAPER - 64.7%
Automobiles - 2.0%
Toyota Motor Credit Corp.
0.30%, 11/09/2015 (A)		17,000,000		17,000,000
Banks - 28.0%
ANZ New Zealand International, Ltd.
0.32%, 11/16/2015 (A) (C)		12,500,000		12,500,000
Australia & New Zealand Banking Group, Ltd.
0.35%, 11/24/2015 (A) (C)		16,000,000		15,999,853
Bank of Tokyo-Mitsubishi UFJ, Ltd.
0.08%, 10/06/2015 (A)		15,000,000		14,999,833
Bedford Row Funding Corp.
0.36%, 03/18/2016 (A) (C)		20,000,000		20,000,000
HSBC USA, Inc.
0.33%, 10/19/2015 (A)		16,000,000		15,997,360
Korea Development Bank
0.34%, 10/29/2015 (A)		10,000,000		9,997,355
0.46%, 12/16/2015 (A)		20,000,000		19,980,578
Natixis
0.14%, 10/02/2015 (A)		36,000,000		35,999,860
Skandinaviska Enskilda Banken AB
0.32%, 10/08/2015 (A) (C)		12,000,000		11,999,265
Standard Chartered Bank
0.49%, 02/22/2016 (A) (C)		15,000,000		14,970,600
Sumitomo Mitsui Banking Corp.
0.30%, 01/04/2016 (A) (C)		20,000,000		19,984,167
Swedbank AB
0.27%, 11/04/2015 (A)		10,000,000		9,997,450
US Bank NA
0.10%, 10/01/2015 (A)		35,500,000		35,500,000
				237,926,321

	Principal		Value
COMMERCIAL PAPER (continued)
Capital Markets - 4.6%
Cedar Springs Capital Co. LLC
0.35%, 10/27/2015 (A) (C)		$  17,000,000		$  16,995,703
0.52%, 01/05/2016 (A) (C)		16,500,000		16,477,120
0.55%, 02/02/2016 (A) (C)		6,000,000		5,988,633
				39,461,456
Chemicals - 0.3%
Ecolab, Inc.
0.35%, 10/05/2015 (A) (C)		2,980,000		2,979,884
Diversified Financial Services - 25.5%
Cancara Asset Securitisation LLC
0.24%, 11/30/2015 (A)		20,000,000		19,992,000
0.28%, 10/07/2015 (A) (C)		15,000,000		14,999,300
Collateralized Commercial Paper II Co. LLC
0.30%, 10/26/2015 (A) (C)		13,000,000		12,997,292
0.52%, 03/07/2016 (A) (C)		20,000,000		19,954,355
Credit Suisse
0.54%, 03/16/2016 (A)		15,000,000		14,962,425
Fairway Finance Co. LLC
0.27%, 10/16/2015 (A) (C)		3,000,000		2,999,662
0.32%, 01/07/2016 (A) (C)		17,000,000		17,000,000
ING Funding LLC
0.27%, 10/01/2015 (A)		17,000,000		17,000,000
JPMorgan Securities LLC
0.45%, 10/26/2015 (A) (C)		20,000,000		19,993,750
Jupiter Securitization Co. LLC
0.50%, 02/11/2016 (A) (C)		10,000,000		9,981,528
Liberty Street Funding LLC
0.25%, 10/22/2015 (A) (C)		10,000,000		9,998,542
Old Line Funding LLC
0.27%, 10/05/2015 (A) (C)		3,000,000		2,999,910
Regency Markets No. 1 LLC
0.25%, 10/15/2015 (A) (C)		10,000,000		9,999,028
Sheffield Receivables Corp.
0.19%, 10/08/2015 (A) (C)		10,000,000		9,999,630
0.31%, 10/05/2015 (A) (C)		25,000,000		24,999,139
Victory Receivables Corp.
0.18%, 10/28/2015 (A) (C)		9,000,000		8,998,785
				216,875,346
Electric Utilities - 1.5%
Duke Energy Corp.
0.35%, 10/02/2015 (A) (C)		4,100,000		4,099,960
Pacific Gas & Electric Co.
0.37%, 10/06/2015 (A) (C)		4,250,000		4,249,782
Southern Co. Funding Corp.
0.47%, 10/19/2015 (A) (C)		4,000,000		3,999,060
				12,348,802
Oil, Gas & Consumable Fuels - 0.5%
Spectra Energy Capital LLC
0.45%, 10/05/2015 (A) (C)		4,000,000		3,999,800
Software - 2.3%
Manhattan Asset Funding Co. LLC
0.20%, 11/06/2015 (A)		20,000,000		19,996,000
Total Commercial Paper (Cost $550,587,609)				550,587,609

The notes are an integral part of this report. Transamerica Partners Portfolios Page    1 September 30, 2015 Form N-Q

Transamerica Partners Money Market Portfolio

SCHEDULE OF INVESTMENTS (continued)

At September 30, 2015

(unaudited)

	Principal		Value
REPURCHASE AGREEMENTS - 16.9%
Bank of America NA 0.68% (A) (B), dated 09/28/2015, to be repurchased at $18,531,799 on 12/28/2015. Collateralized by an Asset-Backed Security, 1.69%, due 10/25/2037, and with a value of $19,795,000.		$  18,500,000		$  18,500,000
Barclays Capital, Inc. 0.10% (A), dated 09/30/2015, to be repurchased at $25,000,069 on 10/01/2015. Collateralized by U.S. Government Agency Obligations, 3.50% - 6.47%, due 01/16/2040 - 09/20/2045, and with a total value of $25,500,000.		25,000,000		25,000,000
Goldman Sachs & Co. 0.12% (A), dated 09/30/2015, to be repurchased at $25,000,083 on 10/01/2015. Collateralized by U.S. Government Agency Obligations, 3.00% - 6.00%, due 01/01/2029 - 06/01/2045, and with a total value of $25,500,000.		25,000,000		25,000,000
ING Financial Markets LLC 0.10% (A), dated 09/30/2015, to be repurchased at $25,400,071 on 10/01/2015. Collateralized by a U.S. Government Agency Obligation, 3.50%, due 08/01/2045, and with a value of $25,913,068.		25,400,000		25,400,000
Jefferies LLC 0.35% (A), dated 09/30/2015, to be repurchased at $50,000,486 on 10/01/2015. Collateralized by U.S. Government Agency Obligations, 2.40% - 4.25%, due 07/01/2024 - 04/15/2056, and with a total value of $51,000,001.		50,000,000		50,000,000
State Street Bank & Trust Co. 0.01% (A), dated 09/30/2015, to be repurchased at $365,200 on 10/01/2015. Collateralized by a U.S. Government Obligation, 3.13%, due 05/15/2021, and with a value of $377,937.		365,200		365,200
Total Repurchase Agreements (Cost $144,265,200)				144,265,200
Total Investments (Cost $851,352,809) (D)				851,352,809
Net Other Assets (Liabilities) - (0.0)% (E)				(103,993	)
Net Assets - 100.0%				$  851,248,816

The notes are an integral part of this report. Transamerica Partners Portfolios Page    2 September 30, 2015 Form N-Q

Transamerica Partners Money Market Portfolio

SCHEDULE OF INVESTMENTS (continued)

At September 30, 2015

(unaudited)

SECURITY VALUATION:

Valuation Inputs ^(F)

	Level 1 - Unadjusted Quoted Prices		Level 2 - Other Significant Observable Inputs		Level 3 - Significant Unobservable Inputs		Value at September 30, 2015
ASSETS
Investments
Certificates of Deposit	$	—	$	120,500,000	$	—	$	120,500,000
Corporate Debt Securities		—		36,000,000		—		36,000,000
Commercial Paper		—		550,587,609		—		550,587,609
Repurchase Agreements		—		144,265,200		—		144,265,200
Total Investments	$	—	$	851,352,809	$	—	$	851,352,809

FOOTNOTES TO SCHEDULE OF INVESTMENTS:

^(A)  Rate disclosed reflects the yield at September 30, 2015.

^(B)  Illiquid security. Total aggregate value of illiquid securities is $37,500,000, representing 4.4% of the Portfolio’s net assets.

^(C)  Security is registered pursuant to Rule 144A of the Securities Act of 1933. The security is deemed to be liquid for purposes of compliance limitations on holdings of illiquid securities and may be resold as transactions exempt from registration, normally to qualified institutional buyers. At September 30, 2015, the total aggregate value of 144A securities is $319,164,748, representing 37.5% of the Portfolio’s net assets.

^(D)  Aggregate cost for federal income tax purposes is $851,352,809.

^(E)  Percentage rounds to less than 0.1% or (0.1)%.

^(F)  The Portfolio recognizes transfers between Levels at the end of the reporting period. There were no transfers between Levels 1, 2 and 3 during the period ended September 30, 2015. See the Security Valuation section of the Notes to Schedules of Investments for more information regarding security valuation and pricing inputs.

The notes are an integral part of this report. Transamerica Partners Portfolios Page    3 September 30, 2015 Form N-Q

Transamerica Partners High Quality Bond Portfolio

SCHEDULE OF INVESTMENTS

At September 30, 2015

(unaudited)

	Principal		Value
ASSET-BACKED SECURITIES - 30.8%
Ally Master Owner Trust
Series 2014-1, Class A2
1.29%, 01/15/2019		$  1,500,000		$  1,501,822
American Express Credit Account Master Trust
Series 2014-2, Class A
1.26%, 01/15/2020		2,000,000		2,007,556
Series 2014-3, Class A
1.49%, 04/15/2020		1,000,000		1,007,735
Series 2014-4, Class A
1.43%, 06/15/2020		1,500,000		1,508,104
AmeriCredit Automobile Receivables Trust
Series 2012-4, Class D
2.68%, 10/09/2018		1,500,000		1,519,147
Series 2013-1, Class A3
0.61%, 10/10/2017		174,003		173,950
Series 2013-2, Class C
1.79%, 03/08/2019		2,000,000		2,008,962
Series 2013-3, Class C
2.38%, 06/10/2019		1,000,000		1,010,909
ARI Fleet Lease Trust
Series 2012-B, Class A
0.51%, 01/15/2021 (A) (B)		135,965		135,733
Avis Budget Rental Car Funding AESOP LLC
Series 2010-5A, Class A
3.15%, 03/20/2017 (B)		2,000,000		2,011,674
Series 2014-1A, Class A
2.46%, 07/20/2020 (B)		1,250,000		1,268,323
Capital One Multi-Asset Execution Trust
Series 2007-A7, Class A7
5.75%, 07/15/2020		1,000,000		1,088,818
Series 2014-A5, Class A
1.48%, 07/15/2020		3,150,000		3,171,294
Series 2015-A1, Class A
1.39%, 01/15/2021		3,800,000		3,813,026
CarMax Auto Owner Trust
Series 2013-2, Class C
1.61%, 03/15/2019		2,150,000		2,150,841
Series 2015-2, Class C
2.39%, 03/15/2021		900,000		901,956
Chase Issuance Trust
Series 2014-A7, Class A
1.38%, 11/15/2019		2,000,000		2,012,076
CIT Equipment Collateral
Series 2014-VT1, Class C
2.65%, 10/20/2022 (B)		2,000,000		2,024,846
Citibank Credit Card Issuance Trust
Series 2006-A3, Class A3
5.30%, 03/15/2018		1,905,000		1,944,374
Series 2013-A6, Class A6
1.32%, 09/07/2018		2,000,000		2,009,768
Series 2014-A2, Class A2
1.02%, 02/22/2019		3,900,000		3,903,997
Series 2014-A4, Class A4
1.23%, 04/24/2019		3,900,000		3,913,272
CLI Funding V LLC
Series 2013-1A
2.83%, 03/18/2028 (B)		825,000		829,547
CNH Equipment Trust
Series 2012-C, Class B
1.30%, 03/16/2020		640,000		639,111
Series 2013-D, Class B
1.75%, 04/15/2021		1,100,000		1,110,087
Series 2014-A, Class A3
0.84%, 05/15/2019		1,090,000		1,089,030

	Principal		Value
ASSET-BACKED SECURITIES (continued)
CNH Equipment Trust (continued)
Series 2014-B, Class B
1.93%, 11/15/2021		$  1,050,000		$  1,049,948
Series 2014-C, Class A3
1.05%, 11/15/2019		2,025,000		2,020,997
Series 2015-A, Class B
2.14%, 08/15/2022		2,000,000		1,996,234
Series 2015-B, Class A3
1.37%, 07/15/2020		1,000,000		1,002,840
Series 2015-B, Class B
2.23%, 10/17/2022		1,825,000		1,835,985
CNH Wholesale Master Note Trust
Series 2013-2A, Class A
0.81%, 08/15/2019 (A) (B)		750,000		748,560
Diamond Resorts Owner Trust
Series 2013-2, Class A
2.27%, 05/20/2026 (B)		1,554,673		1,562,535
Series 2014-1, Class A
2.54%, 05/20/2027 (B)		1,981,802		2,002,112
Discover Card Execution Note Trust
Series 2014-A5, Class A
1.39%, 04/15/2020		2,000,000		2,011,574
Entergy Texas Restoration Funding LLC
Series 2009-A, Class A2
3.65%, 08/01/2019		1,719,750		1,781,248
Fifth Third Auto Trust
Series 2013-1, Class A3
0.88%, 10/16/2017		1,451,270		1,452,203
Ford Credit Auto Lease Trust
Series 2014-A, Class B
1.16%, 08/15/2017		2,800,000		2,797,592
Ford Credit Auto Owner Trust
Series 2012-A, Class D
2.94%, 07/15/2018		1,305,000		1,323,600
Series 2013-A, Class A4
0.78%, 05/15/2018		2,600,000		2,597,595
Ford Credit Floorplan Master Owner Trust
Series 2012-2, Class D
3.50%, 01/15/2019		2,300,000		2,354,356
Series 2013-5, Class B
1.88%, 09/15/2018		1,665,000		1,672,662
Series 2014-4, Class A1
1.40%, 08/15/2019		1,145,000		1,147,235
Series 2015-1, Class B
1.62%, 01/15/2020		1,050,000		1,052,659
GE Equipment Transportation LLC
Series 2013-1, Class B
1.23%, 03/24/2021		2,150,000		2,158,142
Series 2013-1, Class C
1.54%, 03/24/2021		640,000		641,063
Series 2014-1, Class A4
1.48%, 08/23/2022		850,000		849,653
Hyundai Auto Receivables Trust
Series 2012-C, Class C
1.42%, 02/15/2019		1,010,000		1,012,997
Invitation Homes Trust
Series 2013-SFR1, Class B
1.60%, 12/17/2030 (A) (B)		1,080,000		1,056,462
John Deere Owner Trust
Series 2012-B, Class A4
0.69%, 01/15/2019		1,414,447		1,414,217
Series 2013-B, Class A3
0.87%, 08/15/2017		840,127		840,542

The notes are an integral part of this report. Transamerica Partners Portfolios Page    1 September 30, 2015 Form N-Q

Transamerica Partners High Quality Bond Portfolio

SCHEDULE OF INVESTMENTS (continued)

At September 30, 2015

(unaudited)

	Principal		Value
ASSET-BACKED SECURITIES (continued)
MMAF Equipment Finance LLC
Series 2009-AA, Class A4
3.51%, 01/15/2030 (B)		$  434,748		$  436,005
MVW Owner Trust
Series 2015-1A, Class A
2.52%, 12/20/2032 (B)		2,610,873		2,630,363
Nissan Master Owner Trust Receivables
Series 2015-A, Class A2
1.44%, 01/15/2020		2,090,000		2,090,543
Sierra Timeshare Receivables Funding LLC
Series 2012-1A, Class B
3.58%, 11/20/2028 (B)		1,059,463		1,073,828
Series 2015-1A, Class A
2.40%, 03/22/2032 (B)		1,204,805		1,210,959
SMART ABS Trust
Series 2012-4US, Class A4A
1.25%, 08/14/2018		1,100,000		1,097,127
Series 2013-2US, Class A3B
0.64%, 01/14/2017 (A)		847,549		847,065
Synchrony Credit Card Master Note Trust
Series 2012-2, Class A
2.22%, 01/15/2022		2,062,000		2,095,415
Tricon American Homes Trust
Series 2015-SFR1, Class B
1.86%, 05/17/2032 (A) (B)		730,000		715,642
Volkswagen Auto Loan Enhanced Trust
Series 2013-1, Class A4
0.78%, 07/22/2019		3,850,000		3,840,648
World Financial Network Credit Card Master Trust
Series 2012-C, Class M
3.32%, 08/15/2022		500,000		522,502
Series 2013-A, Class A
1.61%, 12/15/2021		5,000,000		5,013,085
Series 2013-B, Class A
0.91%, 03/16/2020		3,535,000		3,536,520
World Omni Auto Receivables Trust
Series 2015-A, Class A4
1.75%, 04/15/2021		2,450,000		2,469,519
World Omni Automobile Lease Securitization Trust
Series 2015-A, Class B
1.94%, 12/15/2020		2,030,000		2,036,648
Total Asset-Backed Securities (Cost $112,913,717)				112,754,838
CORPORATE DEBT SECURITIES - 28.9%
Aerospace & Defense - 0.4%
Lockheed Martin Corp.
2.13%, 09/15/2016		1,320,000		1,335,352
Automobiles - 0.7%
American Honda Finance Corp.
0.78%, 10/07/2016 (A)		1,235,000		1,238,699
Series MTN
1.20%, 07/14/2017		1,250,000		1,249,156
				2,487,855
Banks - 5.9%
Deutsche Bank AG
1.35%, 05/30/2017		2,240,000		2,227,232
Export-Import Bank of Korea
1.25%, 11/20/2015		2,220,000		2,221,090
KeyBank NA
1.70%, 06/01/2018		1,330,000		1,328,158

	Principal		Value
CORPORATE DEBT SECURITIES (continued)
Banks (continued)
Lloyds Bank PLC
2.00%, 08/17/2018 (C)		$  2,000,000		$  2,007,152
PNC Funding Corp.
2.70%, 09/19/2016		4,175,000		4,234,502
Toronto-Dominion Bank Series MTN
1.75%, 07/23/2018		3,820,000		3,826,769
Wells Fargo & Co.
1.50%, 01/16/2018		3,425,000		3,421,750
Westpac Banking Corp.
1.20%, 05/19/2017 (C)		2,260,000		2,262,147
				21,528,800
Beverages - 0.6%
Anheuser-Busch InBev Worldwide, Inc.
7.75%, 01/15/2019		2,000,000		2,350,228
Capital Markets - 2.0%
Goldman Sachs Group, Inc.
6.15%, 04/01/2018		3,005,000		3,309,548
Morgan Stanley
2.65%, 01/27/2020		4,000,000		4,018,908
				7,328,456
Chemicals - 0.7%
Airgas, Inc.
1.65%, 02/15/2018		2,575,000		2,548,933
Consumer Finance - 1.5%
Capital One Financial Corp.
3.15%, 07/15/2016		2,700,000		2,743,937
Caterpillar Financial Services Corp. Series MTN
1.00%, 03/03/2017		2,020,000		2,019,554
PACCAR Financial Corp. Series MTN
1.75%, 08/14/2018		760,000		763,742
				5,527,233
Diversified Financial Services - 2.8%
Bear Stearns Cos. LLC
7.25%, 02/01/2018		2,500,000		2,798,857
Citigroup, Inc.
1.70%, 04/27/2018		3,425,000		3,407,200
Ford Motor Credit Co. LLC
3.98%, 06/15/2016		1,750,000		1,781,091
4.21%, 04/15/2016		2,060,000		2,092,437
				10,079,585
Diversified Telecommunication Services - 0.8%
Nippon Telegraph & Telephone Corp.
1.40%, 07/18/2017		1,300,000		1,305,299
Verizon Communications, Inc.
1.87%, 09/15/2016 (A)		1,670,000		1,685,853
				2,991,152
Electric Utilities - 0.6%
Hydro-Quebec
1.38%, 06/19/2017		2,160,000		2,178,382
Food & Staples Retailing - 1.0%
CVS Health Corp.
2.25%, 08/12/2019		3,500,000		3,537,733

The notes are an integral part of this report. Transamerica Partners Portfolios Page    2 September 30, 2015 Form N-Q

Transamerica Partners High Quality Bond Portfolio

SCHEDULE OF INVESTMENTS (continued)

At September 30, 2015

(unaudited)

	Principal		Value
CORPORATE DEBT SECURITIES (continued)
Hotels, Restaurants & Leisure - 0.9%
Starwood Hotels & Resorts Worldwide, Inc.
6.75%, 05/15/2018		$  3,000,000		$  3,326,577
Insurance - 2.1%
Berkshire Hathaway Finance Corp.
0.59%, 01/12/2018 (A) (C)		1,820,000		1,812,601
Metropolitan Life Global Funding I
1.50%, 01/10/2018 (B)		2,200,000		2,196,467
New York Life Global Funding
1.30%, 10/30/2017 (B)		3,745,000		3,745,195
				7,754,263
Media - 0.9%
Comcast Cable Communications LLC
8.88%, 05/01/2017 (C)		2,880,000		3,222,948
Metals & Mining - 0.5%
Vale Overseas, Ltd.
6.25%, 01/23/2017 (C)		1,750,000		1,781,255
Oil, Gas & Consumable Fuels - 3.3%
Anadarko Petroleum Corp.
5.95%, 09/15/2016		3,000,000		3,117,660
Chevron Corp.
1.72%, 06/24/2018		1,500,000		1,511,640
Husky Energy, Inc.
6.20%, 09/15/2017		2,420,000		2,583,217
Petroleos Mexicanos
5.75%, 03/01/2018		3,250,000		3,439,962
Total Capital International SA
1.55%, 06/28/2017		1,500,000		1,510,985
				12,163,464
Pharmaceuticals - 0.4%
Bayer US Finance LLC
1.50%, 10/06/2017 (B)		1,430,000		1,434,197
Real Estate Investment Trusts - 2.1%
Simon Property Group, LP
1.50%, 02/01/2018 (B)		2,350,000		2,346,127
Ventas Realty, LP
1.55%, 09/26/2016		1,760,000		1,764,653
Welltower, Inc.
2.25%, 03/15/2018		1,950,000		1,959,719
6.20%, 06/01/2016		1,750,000		1,804,175
				7,874,674
Road & Rail - 0.5%
Canadian National Railway Co.
0.50%, 11/06/2015 (A)		1,850,000		1,849,752
Semiconductors & Semiconductor Equipment - 0.4%
Altera Corp.
2.50%, 11/15/2018		1,460,000		1,485,351
Technology Hardware, Storage & Peripherals - 0.8%
Hewlett Packard Enterprise Co.
2.45%, 10/05/2017 (B) (D)		2,925,000		2,923,362
Total Corporate Debt Securities (Cost $105,619,982)				105,709,552

	Principal		Value
FOREIGN GOVERNMENT OBLIGATION - 0.6%
Province of Ontario, Canada
2.30%, 05/10/2016		$  1,985,000		$  2,006,394
Total Foreign Government Obligation (Cost $1,993,302)				2,006,394
MORTGAGE-BACKED SECURITIES - 9.1%
Banc of America Commercial Mortgage Trust
Series 2006-1, Class A1A
5.38%, 09/10/2045 (A)		2,900,582		2,905,350
Series 2008-1, Class A4
6.42%, 02/10/2051 (A)		4,310,505		4,647,337
CD Commercial Mortgage Trust
Series 2006-CD2, Class A4
5.49%, 01/15/2046 (A)		1,257,310		1,258,288
CFCRE Commercial Mortgage Trust
Series 2011-C1, Class A2
3.76%, 04/15/2044 (B)		1,395,993		1,406,481
COMM Mortgage Trust
Series 2012-9W57, Class A
2.36%, 02/10/2029 (B)		4,050,000		4,105,801
DBUBS Mortgage Trust
Series 2011-LC1A, Class A1
3.74%, 11/10/2046 (B)		2,489,111		2,500,904
Series 2011-LC3A, Class A2
3.64%, 08/10/2044		1,295,034		1,309,462
Del Coronado Trust
Series 2013-HDC, Class A
1.00%, 03/15/2026 (A) (B)		2,050,000		2,043,618
JPMBB Commercial Mortgage Securities Trust
Series 2013-C17, Class A1
1.25%, 01/15/2047		2,695,958		2,696,931
JPMorgan Chase Commercial Mortgage Securities Trust
Series 2002-C2, Class E
5.98%, 12/12/2034 (A)		216,544		223,100
Series 2006-CB14, Class A4
5.48%, 12/12/2044 (A)		1,628,675		1,634,887
LB-UBS Commercial Mortgage Trust
Series 2006-C1, Class A4
5.16%, 02/15/2031		1,386,773		1,388,891
Morgan Stanley Capital I Trust
Series 2006-IQ11, Class A4
5.89%, 10/15/2042 (A)		1,009,937		1,011,925
NLY Commercial Mortgage Trust
Series 2014-FL1, Class A
1.41%, 11/15/2030 (A) (B)		1,584,370		1,581,049
Sequoia Mortgage Trust
Series 2012-2, Class A2
3.50%, 04/25/2042 (A)		173,092		174,652
Wachovia Bank Commercial Mortgage Trust
Series 2006-C24, Class A3
5.56%, 03/15/2045 (A)		794,983		798,603
Series 2007-C30, Class A3
5.25%, 12/15/2043		970,074		976,991
Series 2007-C30, Class APB

The notes are an integral part of this report. Transamerica Partners Portfolios Page    3 September 30, 2015 Form N-Q

Transamerica Partners High Quality Bond Portfolio

SCHEDULE OF INVESTMENTS (continued)

At September 30, 2015

(unaudited)

	Principal		Value
MORTGAGE-BACKED SECURITIES (continued)
Wachovia Bank Commercial Mortgage Trust (continued)
5.29%, 12/15/2043		$  1,249,161		$  1,256,903
WFRBS Commercial Mortgage Trust
Series 2013-C18, Class A1
1.19%, 12/15/2046		1,464,661		1,462,980
Total Mortgage-Backed Securities (Cost $34,126,034)				33,384,153
U.S. GOVERNMENT AGENCY OBLIGATIONS - 19.2%
Federal Home Loan Mortgage Corp.
2.27%, 06/01/2033 (A)		1,245,694		1,322,118
4.50%, 09/01/2026		2,400,000		2,555,237
Federal National Mortgage Association
5.51%, 04/01/2017		2,821,418		2,996,197
FREMF Mortgage Trust
Series 2013-K502, Class B
2.83%, 03/25/2045 (A) (B)		1,820,000		1,843,818
Government National Mortgage Association
1.78%, 09/16/2041		3,783,863		3,732,486
4.52%, 12/20/2061		2,405,695		2,577,909
4.67%, 11/20/2061 - 09/20/2063		4,233,374		4,510,685
4.75%, 02/20/2061		435,023		457,712
4.80%, 02/20/2063		3,387,550		3,621,403
4.82%, 02/20/2061		400,883		424,816
4.86%, 05/20/2061		784,814		832,223
4.89%, 06/20/2063		2,825,579		3,011,547
4.95%, 05/20/2062		3,239,725		3,440,261
5.19%, 04/20/2062		2,736,474		2,878,174
5.27%, 11/20/2060		2,299,646		2,480,773
5.32%, 04/20/2061		1,629,364		1,739,998
5.47%, 01/20/2060		6,225,666		6,639,673
5.50%, 03/20/2060		759,360		817,132
5.59%, 11/20/2059		3,720,019		3,875,988
5.65%, 06/20/2059		2,584,462		2,690,492
5.75%, 12/15/2022		386,746		436,194
Small Business Administration
3.33%, 02/25/2022 (A)		2,283,772		2,414,386
4.07%, 10/25/2027 (A)		2,130,353		2,398,551
4.15%, 08/25/2026 (A)		2,159,180		2,431,915
4.18%, 07/25/2026 (A)		2,486,112		2,785,217
4.25%, 02/25/2024 (A)		2,717,549		2,952,251
4.63%, 11/25/2026 (A)		2,912,668		3,307,589
4.70%, 05/25/2026 (A)		789,874		886,380
Total U.S. Government Agency Obligations (Cost $72,187,236)				70,061,125
U.S. GOVERNMENT OBLIGATIONS - 10.4%
U.S. Treasury Note
0.50%, 04/30/2017		2,500,000		2,498,113
0.63%, 07/31/2017 - 09/30/2017		19,000,000		18,999,559
1.00%, 05/15/2018		8,500,000		8,534,085
1.50%, 05/31/2020		8,000,000		8,069,584
Total U.S. Government Obligations (Cost $37,937,204)				38,101,341
	Shares		Value
SECURITIES LENDING COLLATERAL - 1.8%
State Street Navigator Securities Lending Trust - Prime Portfolio, 0.20% (E)		6,648,118		6,648,118
Total Securities Lending Collateral (Cost $6,648,118)				6,648,118

	Principal		Value
REPURCHASE AGREEMENT - 3.9%
State Street Bank & Trust Co. 0.01% (E), dated 09/30/2015, to be repurchased at $14,310,931 on 10/01/2015. Collateralized by a U.S. Government Obligation, 3.13%, due 05/15/2021, and with a value of $14,602,602.		$  14,310,927		$  14,310,927
Total Repurchase Agreement (Cost $14,310,927)				14,310,927
Total Investments (Cost $385,736,520) (F)				382,976,448
Net Other Assets (Liabilities) - (4.7)%				(17,293,720	)
Net Assets - 100.0%				$  365,682,728

The notes are an integral part of this report. Transamerica Partners Portfolios Page    4 September 30, 2015 Form N-Q

Transamerica Partners High Quality Bond Portfolio

SCHEDULE OF INVESTMENTS (continued)

At September 30, 2015

(unaudited)

SECURITY VALUATION:

Valuation Inputs ^(G)

	Level 1 - Unadjusted Quoted Prices		Level 2 - Other Significant Observable Inputs		Level 3 - Significant Unobservable Inputs		Value at September 30, 2015
ASSETS
Investments
Asset-Backed Securities	$	—	$	112,754,838	$	—	$	112,754,838
Corporate Debt Securities		—		105,709,552		—		105,709,552
Foreign Government Obligation		—		2,006,394		—		2,006,394
Mortgage-Backed Securities		—		33,384,153		—		33,384,153
U.S. Government Agency Obligations		—		70,061,125		—		70,061,125
U.S. Government Obligations		—		38,101,341		—		38,101,341
Securities Lending Collateral		6,648,118		—		—		6,648,118
Repurchase Agreement		—		14,310,927		—		14,310,927
Total Investments	$	6,648,118	$	376,328,330	$	—	$	382,976,448

FOOTNOTES TO SCHEDULE OF INVESTMENTS:

^(A)  Floating or variable rate security. The rate disclosed is as of September 30, 2015.

^(B) Security is registered pursuant to Rule 144A of the Securities Act of 1933. The security is deemed to be liquid for purposes of compliance limitations on holdings of illiquid securities and may be resold as transactions exempt from registration, normally to qualified institutional buyers. At September 30, 2015, the total aggregate value of 144A securities is $43,833,608, representing 12.0% of the Portfolio’s net assets.

^(C) All or a portion of the security is on loan. The total value of all securities on loan is $6,509,680. The amount of securities on loan indicated may not correspond  with the securities on loan identified because securities with pending sales are in the process of recall from the brokers.

^(D) Security on a when-issued, delayed-delivery, or forward commitment basis. Security to be settled and delivered after September 30, 2015.

^(E) Rate disclosed reflects the yield at September 30, 2015.

^(F) Aggregate cost for federal income tax purposes is $385,736,520. Aggregate gross unrealized appreciation and depreciation for all securities is $880,181 and  $3,640,253, respectively. Net unrealized depreciation for tax purposes is $2,760,072.

^(G)  The Portfolio recognizes transfers between Levels at the end of the reporting period. There were no transfers between Levels 1, 2 and 3 during the period ended  September 30, 2015. See the Security Valuation section of the Notes to Schedules of Investments for more information regarding security valuation and pricing inputs.

PORTFOLIO ABBREVIATION:

MTN Medium Term Note

The notes are an integral part of this report. Transamerica Partners Portfolios Page    5 September 30, 2015 Form N-Q

Transamerica Partners Inflation-Protected Securities Portfolio

SCHEDULE OF INVESTMENTS

At September 30, 2015

(unaudited)

	Principal		Value
FOREIGN GOVERNMENT OBLIGATIONS - 3.7%
Deutsche Bundesrepublik Inflation-Linked Bond
1.50%, 04/15/2016 (A)		EUR  5,798		$  6,486
Hellenic Republic Government Bond Zero Coupon, 10/15/2042		366,000		1,595
Italy Buoni Poliennali del Tesoro
2.10%, 09/15/2016		10,681		12,209
2.35%, 09/15/2024 (A)		3,454,336		4,362,043
2.55%, 09/15/2041 (A)		417,359		563,938
2.60%, 09/15/2023 (A)		250,609		322,310
Mexican Udibonos
Series S
4.00%, 06/13/2019		MXN  42,477,728		2,714,749
New Zealand Government Bond
3.00%, 09/20/2030 (A)		NZD  3,098,000		2,219,045
Total Foreign Government Obligations (Cost $11,504,835)				10,202,375
U.S. GOVERNMENT OBLIGATIONS - 95.3%
U.S. Treasury Inflation Indexed Bond
0.63%, 02/15/2043		$  3,409,929		2,872,333
0.75%, 02/15/2042 - 02/15/2045		10,503,573		9,184,328
1.38%, 02/15/2044		5,022,720		5,096,162
1.75%, 01/15/2028		8,902,692		9,840,608
2.00%, 01/15/2026		6,342,766		7,115,790
2.13%, 02/15/2040 - 02/15/2041		9,974,071		11,790,326
2.38%, 01/15/2025 - 01/15/2027		21,242,120		24,570,870
2.50%, 01/15/2029		7,202,974		8,641,033
3.38%, 04/15/2032		956,499		1,310,752
3.63%, 04/15/2028		6,507,131		8,623,472
3.88%, 04/15/2029 (B)		7,904,615		10,897,666
U.S. Treasury Inflation Indexed Note
0.13%, 04/15/2017 - 07/15/2024		96,748,356		95,200,317
0.25%, 01/15/2025		6,942,364		6,654,096
0.38%, 07/15/2023 - 07/15/2025		20,215,891		19,786,169
0.63%, 07/15/2021 - 01/15/2024		12,859,657		12,801,252
1.13%, 01/15/2021		9,906,008		10,293,996
1.25%, 07/15/2020		5,843,615		6,134,733
1.38%, 07/15/2018 - 01/15/2020		9,632,835		10,085,735
2.50%, 07/15/2016		2,639,534		2,682,907
Total U.S. Government Obligations (Cost $269,129,965)				263,582,545
	Number of Contracts		Value
EXCHANGE-TRADED OPTIONS PURCHASED - 0.1%
Call - 10-Year U.S. Treasury Note Future
Exercise Price $128.50
Expires 10/23/2015		87		67,969
Call - 10-Year U.S. Treasury Note Future
Exercise Price $129.00
Expires 12/24/2015		85		86,328

	Number of Contracts		Value
EXCHANGE-TRADED OPTIONS PURCHASED (continued)
Put - 10-Year U.S. Treasury Note Future
Exercise Price $126.00
Expires 10/23/2015		137		$  8,563
Put - Eurodollar, Mid-Curve 1-Year Future
Exercise Price $98.75
Expires 10/16/2015		284		1,775
Total Exchange-Traded Options Purchased (Cost $220,448)				164,635
OVER-THE-COUNTER FOREIGN EXCHANGE OPTIONS PURCHASED - 0.2%
Call - AUD vs. USD
Exercise Price AUD 0.80
Expires 10/29/2015, DUB		3,835,000		3
Call - NZD vs. USD
Exercise Price NZD 0.68
Expires 12/10/2015, DUB		4,335,000		10,819
Call - USD vs. JPY
Exercise Price $1.31
Expires 10/16/2015, JPM		2,920,000		63,376
Call - USD vs. JPY
Exercise Price $122.00
Expires 10/15/2015, BCLY		8,290,000		18,661
Call - USD vs. JPY
Exercise Price $126.50
Expires 10/30/2015, DUB		2,935,000		1,438
Put - AUD vs. USD
Exercise Price AUD 0.70
Expires 11/06/2015, BNP		3,970,000		34,589
Put - CHF vs. NOK
Exercise Price CHF 7.72
Expires 08/02/2016, DUB		5,595,000		35,002
Put - CHF vs. SEK
Exercise Price CHF 8.26
Expires 03/18/2016, JPM		2,950,000		28,764
Put - EUR vs. USD
Exercise Price EUR 1.11
Expires 12/04/2015, DUB		12,535,000		192,563
Put - NZD vs. USD
Exercise Price NZD 0.65
Expires 10/30/2015, BNP		4,335,000		69,118
Put - USD vs. JPY
Exercise Price $113.50
Expires 10/30/2015, BCLY		5,880,000		7,785
Put - USD vs. MXN
Exercise Price $15.50
Expires 10/27/2015, GSC		1,455,000		157
Total Over-the-Counter Foreign Exchange Options Purchased (Cost $577,340)				462,275
	Notional Amount		Value
OVER-THE-COUNTER INTEREST RATE SWAPTIONS PURCHASED - 0.2%
Put - Receives Floating Rate Index 3-Month USD-LIBOR
Exercise Rate 2.75%
Expires 01/15/2016, DUB		$  7,000,000		16,019
Put - Receives Floating Rate Index 3-Month USD-LIBOR
Exercise Rate 2.95%
Expires 01/15/2016, DUB		2,500,000		34,725
Put - Receives Floating Rate Index 3-Month USD-LIBOR
Exercise Rate 3.25%
Expires 03/16/2016, DUB		4,775,000		55,058

The notes are an integral part of this report. Transamerica Partners Portfolios Page    1 September 30, 2015 Form N-Q

Transamerica Partners Inflation-Protected Securities Portfolio

SCHEDULE OF INVESTMENTS (continued)

At September 30, 2015

(unaudited)

	Notional Amount		Value
OVER-THE-COUNTER INTEREST RATE SWAPTIONS PURCHASED (continued)
Put - Receives Floating Rate Index 3-Month USD-LIBOR
Exercise Rate 3.35%
Expires 01/15/2016, DUB		$  5,000,000		$  18,957
Put - Receives Floating Rate Index 3-Month USD-LIBOR
Exercise Rate 3.75%
Expires 01/15/2016, DUB		8,800,000		7,791
Put - Receives Floating Rate Index 6-Month EUR-EURIBOR
Exercise Rate 2.50%
Expires 06/08/2022, DUB		EUR  3,200,000		310,048
Total Over-the-Counter Interest Rate Swaptions Purchased (Cost $691,698)				442,598
	Shares		Value
SHORT-TERM INVESTMENT COMPANY - 0.1%
BlackRock Provident TempFund 24 (C)		422,597		422,597
Total Short-Term Investment Company (Cost $422,597)				422,597
Total Investments (Cost $282,546,883) (D)				275,277,025
Net Other Assets (Liabilities) - 0.4%				1,160,154
Net Assets - 100.0%				$  276,437,179

EXCHANGE-TRADED OPTIONS WRITTEN:

Description	Exercise Price		Expiration Date		Number of Contracts		Premiums Received			Value
Call - 10-Year U.S. Treasury Note Future	USD	130.00		10/23/2015		87	$	(35,375	)	$	(19,031	)
Call - 10-Year U.S. Treasury Note Future	USD	130.50		12/24/2015		85		(43,726	)		(46,495	)
Put - 10-Year Japanese Government Bond Future	JPY	147.50		10/30/2015		5		(7,159	)		(8,336	)
Total							$	(86,260	)	$	(73,862	)

OVER-THE-COUNTER FOREIGN EXCHANGE OPTIONS WRITTEN: ^(E)

Description	Counterparty	Exercise Price		Expiration Date		Notional Amount		Premiums Received			Value
Call - AUD vs. USD	BNP	AUD	0.80		10/29/2015	AUD	3,835,000	$	(30,036	)	$	(3	)
Call - CHF vs. SEK	JPM	CHF	9.10		03/18/2016	CHF	2,950,000		(30,937	)		(32,923	)
Call - EUR vs. USD	DUB	EUR	1.18		12/04/2015	EUR	6,295,000		(86,640	)		(15,257	)
Call - NZD vs. USD	BNP	NZD	0.68		12/10/2015	NZD	4,335,000		(39,027	)		(10,819	)
Call - USD vs. CAD	CITI	USD	1.31		10/16/2015	USD	2,920,000		(21,206	)		(63,376	)
Call - USD vs. JPY	BCLY	USD	126.50		10/30/2015	USD	2,935,000		(23,788	)		(1,438	)
Call - USD vs. JPY	DUB	USD	126.50		11/25/2015	USD	5,675,000		(30,134	)		(10,368	)
Call - USD vs. MXN	GSC	USD	17.25		10/27/2015	USD	1,455,000		(12,139	)		(12,950	)
Put - AUD vs. USD	BNP	AUD	0.66		12/10/2015	AUD	7,930,000		(57,075	)		(35,244	)
Put - NZD vs. USD	DUB	NZD	0.65		10/30/2015	NZD	4,335,000		(46,999	)		(69,118	)
Put - USD vs. JPY	BCLY	USD	113.50		10/30/2015	USD	2,935,000		(23,788	)		(3,886	)
Put - USD vs. JPY	DUB	USD	113.50		10/30/2015	USD	2,945,000		(6,273	)		(3,899	)
Put - USD vs. JPY	DUB	USD	114.00		11/25/2015	USD	5,675,000		(33,482	)		(21,196	)
Total								$	(441,524	)	$	(280,477	)

The notes are an integral part of this report. Transamerica Partners Portfolios Page    2 September 30, 2015 Form N-Q

Transamerica Partners Inflation-Protected Securities Portfolio

SCHEDULE OF INVESTMENTS (continued)

At September 30, 2015

(unaudited)

OVER-THE-COUNTER INFLATION-CAPPED OPTIONS WRITTEN: ^(E)

Description

Counterparty

Initial Index

Floating Rate

Expiration Date

Notional Amount

Premiums Received

Value

Call - Eurostat Eurozone HICP Ex Tobacco Unrevised Series NSA Index

DUB

2.50%

HICP Index

04/26/2022

EUR

1,070,000

$

(74,168

)

$

(1,755

)

OVER-THE-COUNTER INTEREST RATE SWAPTIONS WRITTEN: ^(E)

Description	Counterparty	Floating Rate Index	Floating Rate	Exercise Rate			Expiration Date		Notional Amount		Premiums Received			Value
Call - 10-Year	DUB	3-Month USD-LIBOR	Receive		1.90	%		02/13/2017	USD	5,900,000	$	(116,905	)	$	(104,861	)
Call - 10-Year	DUB	3-Month USD-LIBOR	Receive		2.10			01/19/2016	USD	7,895,000		(46,975	)		(136,696	)
Call - 10-Year	DUB	3-Month USD-LIBOR	Receive		2.10			03/06/2017	USD	3,700,000		(83,792	)		(96,788	)
Call - 10-Year	DUB	3-Month USD-LIBOR	Receive		2.10			03/06/2017	USD	1,830,000		(34,911	)		(47,871	)
Call - 10-Year	DUB	3-Month USD-LIBOR	Receive		2.10			03/16/2017	USD	1,800,000		(43,679	)		(47,207	)
Call - 10-Year	DUB	3-Month USD-LIBOR	Receive		2.15			01/19/2016	USD	7,895,000		(54,081	)		(157,402	)
Call - 30-Year	DUB	6-Month EUR-EURIBOR	Receive		1.65			12/18/2015	EUR	2,750,000		(189,247	)		(164,102	)
Put - 10-Year	DUB	3-Month USD-LIBOR	Pay		2.70			01/19/2016	USD	7,895,000		(134,215	)		(22,836	)
Put - 10-Year	DUB	3-Month USD-LIBOR	Pay		2.75			01/19/2016	USD	7,895,000		(110,530	)		(19,428	)
Put - 10-Year	DUB	3-Month USD-LIBOR	Pay		2.90			02/13/2017	USD	5,900,000		(168,483	)		(117,937	)
Put - 10-Year	DUB	3-Month USD-LIBOR	Pay		3.10			03/06/2017	USD	3,700,000		(101,306	)		(62,286	)
Put - 10-Year	DUB	3-Month USD-LIBOR	Pay		3.10			03/06/2017	USD	1,830,000		(53,774	)		(31,254	)
Put - 10-Year	DUB	3-Month USD-LIBOR	Pay		3.10			03/16/2017	USD	1,800,000		(45,493	)		(31,486	)
Put - 20-Year	DUB	6-Month EUR-EURIBOR	Pay		4.50			06/08/2022	EUR	3,200,000		(150,269	)		(147,446	)
Put - 30-Year	DUB	6-Month EUR-EURIBOR	Pay		1.65			12/18/2015	EUR	2,750,000		(189,247	)		(79,242	)
Put - 30-Year	DUB	3-Month USD-LIBOR	Pay		2.55			01/15/2016	USD	2,500,000		(142,465	)		(97,221	)
Total											$	(1,665,372	)	$	(1,364,063	)

CENTRALLY CLEARED SWAP AGREEMENTS: ^(F)

Interest Rate Swap Agreements – Fixed Rate Receivable

Floating Rate Index	Fixed Rate	Expiration Date		Notional Amount		Fair Value		Premiums Paid (Received)		Net Unrealized Appreciation (Depreciation)
3-Month USD-LIBOR	2.16%		09/25/2025	USD	7,700,000	$	101,067	$	—	$	101,067

Interest Rate Swap Agreements – Fixed Rate Payable

Floating Rate Index	Fixed Rate	Expiration Date		Notional Amount		Fair Value			Premiums Paid (Received)			Net Unrealized Appreciation (Depreciation)
3-Month USD-LIBOR	2.80%		02/25/2025	USD	6,600,000	$	(495,987	)	$	(75,694	)	$	(420,293	)

OVER-THE-COUNTER SWAP AGREEMENTS: ^(E)

Interest Rate Swap Agreements – Fixed Rate Receivable

Floating Rate Index	Counterparty	Fixed Rate	Expiration Date	Notional Amount		Fair Value		Premiums Paid (Received)		Net Unrealized Appreciation (Depreciation)
Eurostat Eurozone HICP Ex Tobacco Unrevised Series NSA Index	DUB	0.00%	11/19/2015	EUR	3,135,000	$	—	$	900	$	(900	)

The notes are an integral part of this report. Transamerica Partners Portfolios Page    3 September 30, 2015 Form N-Q

Transamerica Partners Inflation-Protected Securities Portfolio

SCHEDULE OF INVESTMENTS (continued)

At September 30, 2015

(unaudited)

FUTURES CONTRACTS:

Description	Long/Short	Number of Contracts			Expiration Date		Unrealized Appreciation		Unrealized Depreciation
90-Day Eurodollar	Short		(33	)		12/14/2015	$	—	$	(10,255	)
2-Year U.S. Treasury Note	Short		(41	)		12/31/2015		—		(18,842	)
5-Year U.S. Treasury Note	Long		70			12/31/2015		30,308		—
10-Year Japanese Government Bond	Short		(14	)		12/14/2015		—		(28,965	)
10-Year U.S. Treasury Note	Long		20			12/21/2015		22,351		—
Euro-BTP Italian Government Bond	Short		(17	)		12/08/2015		—		(43,137	)
German Euro BOBL	Short		(1	)		12/08/2015		—		(403	)
German Euro Bund	Short		(2	)		12/08/2015		—		(5,763	)
U.K. Gilt	Short		(11	)		12/29/2015		—		(30,629	)
U.S. Treasury Bond	Short		(45	)		12/21/2015		—		(966	)
U.S. Treasury Bond	Short		(7	)		12/21/2015		—		(21,069	)
Total							$	52,659	$	(160,029	)

FORWARD FOREIGN CURRENCY CONTRACTS: ^(E)

Counterparty	Settlement Date	Currency Purchased		Currency Sold		Unrealized Appreciation		Unrealized Depreciation
BCLY	10/05/2015	USD	129,566	JPY	15,647,500	$	—	$	(875	)
BCLY	10/19/2015	JPY	204,317,891	USD	1,705,335		—		(1,799	)
BCLY	10/20/2015	MXN	22,546,000	USD	1,335,426		—		(4,033	)
BCLY	11/04/2015	USD	4,034,924	EUR	3,601,000		9,032		—
BCLY	12/15/2015	GBP	450,000	CAD	923,567		—		(11,321	)
BNP	10/15/2015	AUD	1,565,000	JPY	142,802,494		—		(93,034	)
BNP	10/20/2015	USD	2,869,202	MXN	45,715,000		169,625		—
BNP	11/10/2015	USD	840,901	AUD	1,190,000		8,140		(659	)
BNP	12/08/2015	USD	1,372,892	EUR	1,215,000		13,682		—
BOA	10/05/2015	USD	52,028	EUR	46,000		624		—
CITI	10/20/2015	CAD	120,000	USD	90,575		—		(663	)
CITI	12/08/2015	EUR	3,870,000	USD	4,343,296		—		(13,963	)
CITI	12/15/2015	CAD	915,751	GBP	455,000		—		(2,095	)
DUB	10/19/2015	JPY	192,588,368	USD	1,609,665		—		(3,926	)
DUB	11/10/2015	AUD	595,000	USD	426,942		—		(10,232	)
DUB	12/08/2015	EUR	2,522,500	USD	2,822,172		6,325		(6,599	)
DUB	12/08/2015	USD	1,404,485	EUR	1,245,000		11,714		—
DUB	12/15/2015	CAD	507,610	GBP	250,000		2,182		—
DUB	03/22/2016	SEK	17,644,686	CHF	2,065,276		—		(16,392	)
GSC	10/05/2015	JPY	62,169,000	USD	517,282		972		—
GSC	10/20/2015	NZD	432,000	USD	272,857		2,903		—
GSC	10/20/2015	USD	35,020	AUD	49,000		665		—
GSC	12/15/2015	GBP	250,000	CAD	510,976		—		(4,704	)
HSBC	10/20/2015	NZD	444,000	USD	278,240		5,181		—
HSBC	10/20/2015	USD	3,449,822	NZD	5,187,000		138,778		—
HSBC	12/08/2015	EUR	1,232,500	USD	1,386,437		—		(7,650	)
HSBC	12/08/2015	USD	2,802,702	EUR	2,450,000		61,910		—
JPM	10/15/2015	JPY	140,095,674	AUD	1,530,000		95,012		—
JPM	03/22/2016	CHF	2,065,276	SEK	17,646,338		16,194		—
MSC	10/05/2015	EUR	95,000	USD	106,391		—		(231	)
SCB	10/20/2015	NZD	915,000	USD	588,889		—		(4,812	)
SSB	10/05/2015	USD	228,584	EUR	205,000		—		(499	)
UBS	10/05/2015	USD	3,865,359	EUR	3,445,000		15,647		—
UBS	10/05/2015	USD	129,074	JPY	15,647,500		—		(1,367	)
UBS	12/08/2015	EUR	4,865,000	USD	5,498,497		—		(56,067	)
UBS	12/08/2015	USD	2,790,627	EUR	2,465,000		33,054		—
Total						$	591,640	$	(240,921	)

The notes are an integral part of this report. Transamerica Partners Portfolios Page    4 September 30, 2015 Form N-Q

Transamerica Partners Inflation-Protected Securities Portfolio

SCHEDULE OF INVESTMENTS (continued)

At September 30, 2015

(unaudited)

SECURITY VALUATION:

Valuation Inputs ^(G)

	Level 1 - Unadjusted Quoted Prices			Level 2 - Other Significant Observable Inputs			Level 3 - Significant Unobservable Inputs		Value at September 30, 2015
ASSETS
Investments
Foreign Government Obligations	$	—		$	10,202,375		$	—	$	10,202,375
U.S. Government Obligations		—			263,582,545			—		263,582,545
Exchange-Traded Options Purchased		164,635			—			—		164,635
Over-the-Counter Foreign Exchange Options Purchased		—			462,275			—		462,275
Over-the-Counter Interest Rate Swaptions Purchased		—			442,598			—		442,598
Short-Term Investment Company		422,597			—			—		422,597
Total Investments	$	587,232		$	274,689,793		$	—	$	275,277,025
Other Financial Instruments
Centrally Cleared Interest Rate Swap Agreements	$	—		$	101,067		$	—	$	101,067
Futures Contracts (H)		52,659			—			—		52,659
Forward Foreign Currency Contracts (H)		—			591,640			—		591,640
Total Other Financial Instruments	$	52,659		$	692,707		$	—	$	745,366
LIABILITIES
Other Financial Instruments
Exchange-Traded Options Written	$	(73,862	)	$	—		$	—	$	(73,862	)
Over-the-Counter Foreign Exchange Options Written		—			(280,477	)		—		(280,477	)
Over-the-Counter Inflation-Capped Options Written		—			(1,755	)		—		(1,755	)
Over-the-Counter Interest Rate Swaptions Written		—			(1,364,063	)		—		(1,364,063	)
Centrally Cleared Interest Rate Swap Agreements		—			(495,987	)		—		(495,987	)
Over-The-Counter Interest Rate Swap Agreements		—			—			—		—
Futures Contracts (H)		(160,029	)		—			—		(160,029	)
Forward Foreign Currency Contracts (H)		—			(240,921	)		—		(240,921	)
Total Other Financial Instruments	$	(233,891	)	$	(2,383,203	)	$	—	$	(2,617,094	)

FOOTNOTES TO SCHEDULE OF INVESTMENTS:

^(A) Security exempt from registration under Regulation S of the Securities Act of 1933, which exempts from registration securities offered and sold outside the United States. Security may not be offered or sold in the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act of 1933. At September 30, 2015, the total aggregate value of Regulation S securities is $7,473,822, representing 2.7% of the Portfolio’s net assets.

^(B) All or a portion of the security has been segregated by the custodian as collateral to cover margin requirements for open futures contracts. The total value of all securities segregated as collateral to cover margin requirements for open futures contracts is $237,127.

^(C) The investment issuer is affiliated with the sub-adviser of the Portfolio.

^(D)  Aggregate cost for federal income tax purposes is $282,546,883. Aggregate gross unrealized appreciation and depreciation for all securities is $2,100,845 and $9,370,703, respectively. Net unrealized depreciation for tax purposes is $7,269,858.

^(E)  Cash in the amount of $540,000 has been segregated by the custodian as collateral for open options, swap, swaptions and/or forward foreign currency contracts.

^(F)  Cash in the amount of $50,140 has been segregated as collateral for centrally cleared swap agreements.

^(G)  The Portfolio recognizes transfers between Levels at the end of the reporting period. There were no transfers between Levels 1, 2 and 3 during the period ended September 30, 2015. See the Security Valuation section of the Notes to Schedules of Investments for more information regarding security valuation and pricing inputs.

^(H)  Futures contracts and/or forward foreign currency contracts are valued at unrealized appreciation (depreciation).

The notes are an integral part of this report. Transamerica Partners Portfolios Page    5 September 30, 2015 Form N-Q

Transamerica Partners Inflation-Protected Securities Portfolio

SCHEDULE OF INVESTMENTS (continued)

At September 30, 2015

(unaudited)

CURRENCY ABBREVIATIONS:

AUD	Australian Dollar
CAD	Canadian Dollar
CHF	Swiss Franc
EUR	Euro
GBP	Pound Sterling
JPY	Japanese Yen
MXN	Mexican Peso
NOK	Norwegian Krone
NZD	New Zealand Dollar
SEK	Swedish Krona
USD	United States Dollar

COUNTERPARTY ABBREVIATIONS:

BCLY	Barclays Bank PLC
BNP	BNP Paribas
BOA	Bank of America
CITI	Citigroup, Inc.
DUB	Deutsche Bank AG
GSC	Goldman Sachs & Co.
HSBC	HSBC Bank USA
JPM	JPMorgan Chase Bank
MSC	Morgan Stanley
SCB	Standard Chartered Bank
SSB	State Street Bank & Trust Co.
UBS	UBS AG

PORTFOLIO ABBREVIATIONS:

BOBL	Bundesobligationen (German Federal Government Securities)
BTP	Buoni del Tesoro Poliennali (Italian Treasury Bonds)
EURIBOR	Euro Interbank Offer Rate
HICP	Harmonized Indices of Consumer Prices
LIBOR	London Interbank Offered Rate
NSA	Not Seasonally Adjusted

The notes are an integral part of this report. Transamerica Partners Portfolios Page    6 September 30, 2015 Form N-Q

Transamerica Partners Core Bond Portfolio

SCHEDULE OF INVESTMENTS

At September 30, 2015

(unaudited)

	Principal		Value
ASSET-BACKED SECURITIES - 6.6%
321 Henderson Receivables VI LLC
Series 2010-1A, Class A
5.56%, 07/15/2059 (A)		$  3,883,016		$  4,482,512
BlueMountain CLO, Ltd.
Series 2015-2A, Class A1
1.71%, 07/18/2027 (A) (B)		4,560,000		4,526,156
BXG Receivables Note Trust
Series 2015-A, Class A
2.88%, 05/02/2030 (A)		3,107,258		3,118,892
Chrysler Capital Auto Receivables Trust
Series 2013-BA, Class B
1.78%, 06/17/2019 (A)		510,000		512,739
Series 2013-BA, Class C
2.24%, 09/16/2019 (A)		520,000		523,371
Series 2014-AA, Class B
1.76%, 08/15/2019 (A)		580,000		581,239
Series 2014-AA, Class C
2.28%, 11/15/2019 (A)		745,000		749,583
Conseco Finance Securitizations Corp.
Series 2002-2, Class A2
6.03%, 03/01/2033 (B)		280,604		283,568
Credit Acceptance Auto Loan Trust
Series 2013-1A, Class A
1.21%, 10/15/2020 (A)		467,632		467,742
Ford Credit Auto Owner Trust
Series 2013-B, Class D
1.82%, 11/15/2019		1,210,000		1,218,615
Ford Credit Floorplan Master Owner Trust
Series 2012-2, Class C
2.86%, 01/15/2019		455,000		464,710
Series 2012-2, Class D
3.50%, 01/15/2019		815,000		834,261
HLSS Servicer Advance Receivables Trust
Series 2012-T2, Class A2
1.99%, 10/15/2045 (A)		2,905,000		2,905,291
Series 2013-T1, Class A2
1.50%, 01/16/2046 (A)		3,550,000		3,546,450
HSBC Home Equity Loan Trust
Series 2006-3, Class M1
0.48%, 03/20/2036 (B)		5,750,000		5,631,050
ICG US CLO, Ltd.
Series 2014-1A, Class A1
1.44%, 04/20/2026 (A) (B)		4,610,000		4,518,233
Lehman XS Trust
Series 2007-2N, Class 3A1
0.28%, 02/25/2037		6		—
MVW Owner Trust
Series 2014-1A, Class A
2.25%, 09/22/2031 (A)		2,747,042		2,747,103
OCP CLO, Ltd.
Series 2015-8A, Class A1
1.80%, 04/17/2027 (A) (B)		4,650,000		4,594,358
Palmer Square CLO, Ltd.
Series 2015-2A, Class A1A
1.79%, 07/20/2027 (A) (B)		4,575,000		4,543,643
RAAC Trust
Series 2007-RP4, Class A
0.55%, 11/25/2046 (A) (B)		943,918		811,900
Renaissance Home Equity Loan Trust
Series 2007-2, Class AF6
5.88%, 06/25/2037 (B)		1,451,991		746,428

	Principal		Value
ASSET-BACKED SECURITIES (continued)
Santander Drive Auto Receivables Trust
Series 2013-A, Class C
3.12%, 10/15/2019 (A)		$  910,000		$  925,066
SBA Tower Trust
Series 2014-1A, Class C
2.90%, 10/15/2044 (A) (B)		9,030,000		9,058,806
Sierra Timeshare Receivables Funding LLC
Series 2013-3A, Class B
2.70%, 10/20/2030 (A)		1,251,923		1,259,740
Series 2014-1A, Class A
2.07%, 03/20/2030 (A)		2,494,364		2,509,056
Series 2014-2A, Class A
2.05%, 06/20/2031 (A)		2,239,335		2,256,629
Series 2014-3A, Class A
2.30%, 10/20/2031 (A)		2,604,464		2,620,833
Series 2015-1A, Class A
2.40%, 03/22/2032 (A)		1,770,250		1,779,292
Series 2015-1A, Class B
3.05%, 03/22/2032 (A)		1,836,773		1,849,138
Silverleaf Finance XVIII LLC
Series 2014-A, Class A
2.81%, 01/15/2027 (A)		2,399,101		2,408,294
SLM Private Education Loan Trust
Series 2011-A, Class A3
2.71%, 01/15/2043 (A) (B)		1,805,000		1,908,051
Series 2011-B, Class A3
2.46%, 06/16/2042 (A) (B)		690,000		726,509
Series 2011-C, Class A2A
3.46%, 10/17/2044 (A) (B)		1,190,000		1,262,435
Series 2013-A, Class B
2.50%, 03/15/2047 (A)		260,000		254,741
Series 2013-B, Class B
3.00%, 05/16/2044 (A)		340,000		338,133
SolarCity LMC Series III LLC
Series 2014-2, Class A
4.02%, 07/20/2044 (A)		3,547,278		3,495,665
SpringCastle America Funding LLC
Series 2014-AA, Class A
2.70%, 05/25/2023 (A)		1,973,504		1,976,204
Trafigura Securitisation Finance PLC
Series 2014-1A, Class A
1.16%, 10/15/2021 (A) (B)		6,291,000		6,292,995
Total Asset-Backed Securities (Cost $89,482,290)				88,729,431
CORPORATE DEBT SECURITIES - 37.6%
Aerospace & Defense - 0.3%
Exelis, Inc.
5.55%, 10/01/2021		3,442,000		3,823,064
Air Freight & Logistics - 0.2%
FedEx Corp.
4.90%, 01/15/2034		1,760,000		1,832,971
5.10%, 01/15/2044		1,260,000		1,319,923
				3,152,894
Airlines - 0.8%
American Airlines Pass-Through Trust
3.70%, 04/01/2028 (C)		4,173,974		4,147,886
United Airlines Pass-Through Trust
3.75%, 03/03/2028		7,095,000		7,112,738
				11,260,624

The notes are an integral part of this report. Transamerica Partners Portfolios Page    1 September 30, 2015 Form N-Q

Transamerica Partners Core Bond Portfolio

SCHEDULE OF INVESTMENTS (continued)

At September 30, 2015

(unaudited)

	Principal		Value
CORPORATE DEBT SECURITIES (continued)
Auto Components - 0.2%
BorgWarner, Inc.
3.38%, 03/15/2025 (C)		$  2,235,000		$  2,188,434
Automobiles - 0.1%
General Motors Co.
4.88%, 10/02/2023		850,000		862,059
6.25%, 10/02/2043		500,000		531,838
				1,393,897
Banks - 5.2%
Barclays Bank PLC
10.18%, 06/12/2021 (A)		9,240,000		12,105,167
BPCE SA
4.00%, 04/15/2024 (C)		1,647,000		1,711,389
5.15%, 07/21/2024 (A)		1,200,000		1,219,660
Branch Banking & Trust Co.
3.80%, 10/30/2026		1,980,000		2,008,827
Cooperatieve Centrale Raiffeisen-Boerenleenbank BA
2.25%, 01/14/2019		1,215,000		1,226,524
11.00%, 06/30/2019 (A) (B) (D)		9,495,000		11,674,103
Deutsche Bank AG
1.64%, 08/20/2020 (B)		1,430,000		1,437,383
Glitnir HF
6.33%, 07/28/2011 (A) (E) (F)		290,000		89,175
HSBC Bank Brasil SA - Banco Multiplo Series MTN
4.00%, 05/11/2016 (A)		5,850,000		5,762,250
HSBC Holdings PLC
4.25%, 03/14/2024		485,000		481,115
5.25%, 03/14/2044		1,228,000		1,245,969
Intesa Sanpaolo SpA
5.02%, 06/26/2024 (A)		4,285,000		4,228,429
Korea Development Bank
3.50%, 08/22/2017		1,610,000		1,665,532
Macquarie Bank, Ltd.
1.65%, 03/24/2017 (A)		2,245,000		2,251,598
Nordea Bank AB
4.25%, 09/21/2022 (A)		11,100,000		11,362,515
Royal Bank of Scotland Group PLC
1.88%, 03/31/2017		1,950,000		1,945,203
6.00%, 12/19/2023		1,685,000		1,793,964
Societe Generale SA
5.00%, 01/17/2024 (A)		2,315,000		2,340,048
Wells Fargo & Co.
2.15%, 01/15/2019		912,000		919,185
4.13%, 08/15/2023		855,000		888,749
5.38%, 11/02/2043		1,740,000		1,916,307
5.90%, 06/15/2024 (B) (D)		1,080,000		1,080,000
				69,353,092
Beverages - 0.2%
Anheuser-Busch InBev Finance, Inc.
2.15%, 02/01/2019 (C)		1,235,000		1,238,385
3.70%, 02/01/2024		1,730,000		1,753,845
				2,992,230
Biotechnology - 0.9%
AbbVie, Inc.
4.40%, 11/06/2042		775,000		708,170
4.70%, 05/14/2045		4,725,000		4,584,370
Amgen, Inc.
5.65%, 06/15/2042		750,000		839,621

	Principal		Value
CORPORATE DEBT SECURITIES (continued)
Biotechnology (continued)
Celgene Corp.
2.88%, 08/15/2020		$  4,330,000		$  4,369,286
Gilead Sciences, Inc.
3.65%, 03/01/2026		2,310,000		2,320,753
				12,822,200
Capital Markets - 2.9%
Ameriprise Financial, Inc.
3.70%, 10/15/2024 (C)		3,495,000		3,559,755
Bank of New York Mellon Corp. Series MTN
2.10%, 01/15/2019		1,275,000		1,286,400
Goldman Sachs Group, Inc.
3.63%, 02/07/2016 - 01/22/2023		2,300,000		2,327,749
5.75%, 01/24/2022		1,131,000		1,298,036
6.25%, 02/01/2041		490,000		590,863
6.75%, 10/01/2037		500,000		596,459
Series MTN
1.93%, 11/29/2023 (B)		1,310,000		1,317,737
7.50%, 02/15/2019		3,600,000		4,207,691
Macquarie Group, Ltd.
6.25%, 01/14/2021 (A)		5,645,000		6,418,416
Morgan Stanley
5.00%, 11/24/2025		1,260,000		1,339,661
Series MTN
7.30%, 05/13/2019		8,865,000		10,351,049
State Street Capital Trust IV
1.34%, 06/01/2077 (B)		285,000		229,425
UBS AG
7.63%, 08/17/2022		5,385,000		6,195,372
				39,718,613
Chemicals - 0.3%
LyondellBasell Industries NV
5.00%, 04/15/2019		1,217,000		1,312,172
Monsanto Co.
4.40%, 07/15/2044		2,705,000		2,343,463
				3,655,635
Commercial Services & Supplies - 0.5%
ERAC USA Finance LLC
3.85%, 11/15/2024 (A) (C)		4,130,000		4,192,871
Hutchison Whampoa International 14, Ltd.
1.63%, 10/31/2017 (A)		2,325,000		2,316,023
				6,508,894
Communications Equipment - 0.1%
Cisco Systems, Inc.
2.13%, 03/01/2019		797,000		806,995
Construction Materials - 0.4%
Martin Marietta Materials, Inc.
4.25%, 07/02/2024		5,140,000		5,161,300
Consumer Finance - 0.1%
Discover Financial Services
3.85%, 11/21/2022		1,111,000		1,100,376
Diversified Financial Services - 3.4%
Bank of America Corp.
2.60%, 01/15/2019		1,596,000		1,612,215
2.65%, 04/01/2019		5,156,000		5,214,211
4.10%, 07/24/2023		1,435,000		1,490,951
5.42%, 03/15/2017		1,600,000		1,680,739
5.75%, 12/01/2017		1,965,000		2,124,055

The notes are an integral part of this report. Transamerica Partners Portfolios Page    2 September 30, 2015 Form N-Q

Transamerica Partners Core Bond Portfolio

SCHEDULE OF INVESTMENTS (continued)

At September 30, 2015

(unaudited)

	Principal		Value
CORPORATE DEBT SECURITIES (continued)
Diversified Financial Services (continued)
Citigroup, Inc.
1.70%, 04/27/2018		$  5,142,000		$  5,115,277
3.38%, 03/01/2023		1,380,000		1,386,602
4.95%, 11/07/2043		490,000		508,324
6.68%, 09/13/2043		490,000		600,017
Ford Motor Credit Co. LLC
4.38%, 08/06/2023		706,000		733,206
General Electric Capital Corp.
7.13%, 06/15/2022 (B) (D)		5,690,000		6,571,950
Series MTN
6.88%, 01/10/2039		500,000		700,058
JPMorgan Chase & Co.
3.20%, 01/25/2023		535,000		531,076
3.25%, 09/23/2022		1,180,000		1,180,847
4.85%, 02/01/2044 (C)		490,000		512,442
6.75%, 02/01/2024 (B) (D)		412,000		428,995
Series MTN
1.35%, 02/15/2017		5,975,000		5,982,767
JPMorgan Chase Bank NA
6.00%, 10/01/2017		2,566,000		2,772,845
Kaupthing Bank Hf
7.13%, 05/19/2016 (A) (E) (F)		200,000		2
Lehman Brothers Holdings Capital Trust VII Series MTN
5.86%, 11/02/2015 (D) (E) (F)		1,945,000		195
MassMutual Global Funding II
2.35%, 04/09/2019 (A)		1,400,000		1,425,960
Oaktree Capital Management, LP
6.75%, 12/02/2019 (A)		4,080,000		4,762,115
				45,334,849
Diversified Telecommunication Services - 1.5%
AT&T, Inc.
2.45%, 06/30/2020		5,470,000		5,385,696
3.40%, 05/15/2025		2,735,000		2,610,547
4.35%, 06/15/2045		1,445,000		1,240,287
Intelsat Jackson Holdings SA
7.25%, 04/01/2019		1,902,000		1,783,125
Sprint Capital Corp.
6.88%, 11/15/2028		822,000		589,785
Verizon Communications, Inc.
2.63%, 02/21/2020		3,004,000		3,012,913
3.45%, 03/15/2021		1,125,000		1,151,976
4.50%, 09/15/2020		1,135,000		1,229,529
6.55%, 09/15/2043		2,901,000		3,427,369
				20,431,227
Electric Utilities - 1.7%
Appalachian Power Co.
3.40%, 06/01/2025		2,700,000		2,673,100
CenterPoint Energy Houston Electric LLC
4.50%, 04/01/2044		1,160,000		1,228,986
Cleveland Electric Illuminating Co.
5.95%, 12/15/2036		458,000		501,418
8.88%, 11/15/2018		449,000		536,400
Commonwealth Edison Co.
4.70%, 01/15/2044		1,055,000		1,117,206
Duke Energy Carolinas LLC
4.25%, 12/15/2041		925,000		942,459
Duke Energy Corp.
3.75%, 04/15/2024		275,000		283,121
Entergy Arkansas, Inc.
3.70%, 06/01/2024		1,625,000		1,670,162
Georgia Power Co.
3.00%, 04/15/2016		3,295,000		3,333,927

	Principal		Value
CORPORATE DEBT SECURITIES (continued)
Electric Utilities (continued)
Jersey Central Power & Light Co.
7.35%, 02/01/2019		$  1,000,000		$  1,138,278
Oncor Electric Delivery Co. LLC
4.10%, 06/01/2022		333,000		350,008
5.30%, 06/01/2042		525,000		580,453
Pacific Gas & Electric Co.
4.75%, 02/15/2044		488,000		513,771
PacifiCorp
3.60%, 04/01/2024		3,380,000		3,492,456
5.75%, 04/01/2037		900,000		1,088,708
Progress Energy, Inc.
4.88%, 12/01/2019		168,000		184,092
Public Service Electric & Gas Co.
3.00%, 05/15/2025		2,760,000		2,748,673
				22,383,218
Energy Equipment & Services - 0.2%
Schlumberger Investment SA
3.65%, 12/01/2023		835,000		861,039
TransCanada PipeLines, Ltd.
3.75%, 10/16/2023 (C)		1,010,000		1,007,778
4.63%, 03/01/2034		875,000		837,596
Weatherford International, Ltd.
5.95%, 04/15/2042 (C)		960,000		667,403
				3,373,816
Food & Staples Retailing - 0.7%
CVS Health Corp.
2.80%, 07/20/2020		3,890,000		3,952,256
5.30%, 12/05/2043		319,000		351,963
Wal-Mart Stores, Inc.
4.00%, 04/11/2043		1,258,000		1,222,678
4.30%, 04/22/2044		945,000		966,046
Walgreens Boots Alliance, Inc.
3.30%, 11/18/2021		2,653,000		2,687,977
				9,180,920
Food Products - 0.3%
Kraft Heinz Foods Co.
2.80%, 07/02/2020 (A)		2,305,000		2,320,102
Mondelez International, Inc.
2.25%, 02/01/2019		1,570,000		1,579,833
				3,899,935
Health Care Equipment & Supplies - 0.6%
Becton Dickinson and Co.
2.68%, 12/15/2019		1,880,000		1,901,028
Boston Scientific Corp.
2.65%, 10/01/2018		1,062,000		1,074,958
Zimmer Biomet Holdings, Inc.
3.55%, 04/01/2025		5,585,000		5,468,955
				8,444,941
Health Care Providers & Services - 0.9%
Aetna, Inc.
4.75%, 03/15/2044		345,000		350,341
Anthem, Inc.
1.88%, 01/15/2018		1,930,000		1,930,751
2.30%, 07/15/2018		1,930,000		1,938,177
3.30%, 01/15/2023		620,000		613,544
Coventry Health Care, Inc.
5.45%, 06/15/2021		1,632,000		1,831,812
Express Scripts Holding Co.
4.75%, 11/15/2021		2,870,000		3,098,713

The notes are an integral part of this report. Transamerica Partners Portfolios Page    3 September 30, 2015 Form N-Q

Transamerica Partners Core Bond Portfolio

SCHEDULE OF INVESTMENTS (continued)

At September 30, 2015

(unaudited)

	Principal		Value
CORPORATE DEBT SECURITIES (continued)
Health Care Providers & Services (continued)
Tenet Healthcare Corp.
6.25%, 11/01/2018		$  1,010,000		$  1,078,175
UnitedHealth Group, Inc.
3.38%, 11/15/2021		650,000		682,313
				11,523,826
Hotels, Restaurants & Leisure - 0.0% (G)
GLP Capital, LP / GLP Financing II, Inc.
4.38%, 11/01/2018		94,000		94,705
4.88%, 11/01/2020 (C)		150,000		151,875
				246,580
Household Products - 0.2%
Reynolds Group Issuer, Inc. / Reynolds Group Issuer LLC
6.88%, 02/15/2021		2,320,000		2,401,432
Insurance - 4.3%
American International Group, Inc.
4.13%, 02/15/2024		629,000		660,814
8.18%, 05/15/2068 (B)		1,070,000		1,415,075
Fidelity National Financial, Inc.
5.50%, 09/01/2022		1,320,000		1,412,178
Genworth Holdings, Inc.
7.63%, 09/24/2021		1,125,000		1,096,875
Hanover Insurance Group, Inc.
6.38%, 06/15/2021		8,760,000		10,122,312
Lincoln National Corp.
8.75%, 07/01/2019		5,590,000		6,827,805
Metropolitan Life Global Funding I
1.30%, 04/10/2017 (A)		4,970,000		4,981,610
Pacific Life Insurance Co.
9.25%, 06/15/2039 (A)		4,240,000		6,320,441
Principal Financial Group, Inc.
8.88%, 05/15/2019		2,550,000		3,112,193
Prudential Financial, Inc. Series MTN
5.38%, 06/21/2020		1,465,000		1,650,950
7.38%, 06/15/2019		1,595,000		1,878,026
Reinsurance Group of America, Inc.
6.75%, 12/15/2065 (B)		10,476,000		8,773,650
ZFS Finance USA Trust II
6.45%, 12/15/2065 (A) (B)		8,860,000		8,948,600
				57,200,529
IT Services - 0.3%
International Business Machines Corp.
3.63%, 02/12/2024 (C)		1,543,000		1,589,992
MasterCard, Inc.
2.00%, 04/01/2019		1,366,000		1,380,898
3.38%, 04/01/2024		878,000		897,537
				3,868,427
Life Sciences Tools & Services - 0.4%
Thermo Fisher Scientific, Inc.
1.30%, 02/01/2017		2,000,000		1,998,940
2.40%, 02/01/2019		3,515,000		3,534,283
5.30%, 02/01/2044		172,000		180,972
				5,714,195
Machinery - 0.1%
Doosan Heavy Industries & Construction Co., Ltd.
2.13%, 04/27/2020 (A)		1,245,000		1,227,701

	Principal		Value
CORPORATE DEBT SECURITIES (continued)
Media - 1.1%
21st Century Fox America, Inc.
7.63%, 11/30/2028		$  1,045,000		$  1,340,365
CBS Corp.
4.63%, 05/15/2018		655,000		696,490
5.75%, 04/15/2020		520,000		584,909
Comcast Corp.
5.88%, 02/15/2018		2,649,000		2,913,476
DIRECTV Holdings LLC / DIRECTV Financing Co., Inc.
4.60%, 02/15/2021		1,685,000		1,802,044
5.00%, 03/01/2021		905,000		986,400
NBCUniversal Enterprise, Inc.
5.25%, 03/19/2021 (A) (D)		1,500,000		1,584,375
NBCUniversal Media LLC
4.38%, 04/01/2021		560,000		613,521
4.45%, 01/15/2043		1,359,000		1,353,371
5.15%, 04/30/2020		2,246,000		2,535,170
				14,410,121
Metals & Mining - 0.4%
BHP Billiton Finance USA, Ltd.
3.85%, 09/30/2023		1,031,000		1,033,919
Freeport-McMoRan, Inc.
3.88%, 03/15/2023		1,125,000		836,719
Novelis, Inc.
8.75%, 12/15/2020		2,735,000		2,632,984
Rio Tinto Finance USA PLC
2.88%, 08/21/2022 (C)		925,000		875,778
				5,379,400
Multi-Utilities - 0.2%
CMS Energy Corp.
3.88%, 03/01/2024		539,000		552,036
4.88%, 03/01/2044		1,215,000		1,261,687
PG&E Corp.
2.40%, 03/01/2019		694,000		698,725
				2,512,448
Oil, Gas & Consumable Fuels - 2.3%
Apache Corp.
4.25%, 01/15/2044		360,000		306,090
4.75%, 04/15/2043		520,000		469,229
BP Capital Markets PLC
2.24%, 05/10/2019		2,570,000		2,588,997
Energy Transfer Partners, LP
5.95%, 10/01/2043		960,000		848,459
EOG Resources, Inc.
2.45%, 04/01/2020		1,627,000		1,642,322
Exxon Mobil Corp.
1.82%, 03/15/2019		2,930,000		2,954,439
Husky Energy, Inc.
4.00%, 04/15/2024		1,120,000		1,056,899
Kerr-McGee Corp.
6.95%, 07/01/2024		865,000		1,012,603
Kinder Morgan Energy Partners, LP
4.15%, 02/01/2024		3,610,000		3,273,970
Laredo Petroleum, Inc.
7.38%, 05/01/2022 (C)		1,370,000		1,325,475
Linn Energy LLC / Linn Energy Finance Corp.
6.25%, 11/01/2019		2,820,000		719,100
MEG Energy Corp.
6.50%, 03/15/2021 (A)		1,090,000		893,800
Murphy Oil Corp.
2.50%, 12/01/2017		2,236,000		2,183,166

The notes are an integral part of this report. Transamerica Partners Portfolios Page    4 September 30, 2015 Form N-Q

Transamerica Partners Core Bond Portfolio

SCHEDULE OF INVESTMENTS (continued)

At September 30, 2015

(unaudited)

	Principal		Value
CORPORATE DEBT SECURITIES (continued)
Oil, Gas & Consumable Fuels (continued)
Nexen Energy ULC
5.88%, 03/10/2035		$  110,000		$  121,465
Noble Energy, Inc.
6.00%, 03/01/2041		430,000		407,633
8.25%, 03/01/2019		1,065,000		1,250,806
Peabody Energy Corp.
6.25%, 11/15/2021		1,715,000		351,575
Petrobras Global Finance BV
3.88%, 01/27/2016		1,344,000		1,320,480
6.25%, 03/17/2024 (C)		1,370,000		997,086
Petroleos Mexicanos
3.50%, 01/30/2023		1,145,000		1,030,500
Range Resources Corp.
5.75%, 06/01/2021 (C)		450,000		424,125
Shell International Finance BV
2.00%, 11/15/2018		2,249,000		2,275,415
Western Gas Partners, LP
5.38%, 06/01/2021		1,956,000		2,093,718
Williams Cos., Inc.
3.70%, 01/15/2023		540,000		418,754
7.88%, 09/01/2021		796,000		808,817
Williams Partners, LP
5.40%, 03/04/2044		814,000		649,862
				31,424,785
Paper & Forest Products - 0.3%
International Paper Co.
4.75%, 02/15/2022 (C)		3,637,000		3,927,978
Pharmaceuticals - 0.8%
Actavis Funding SCS
3.80%, 03/15/2025		2,870,000		2,772,532
Actavis, Inc.
3.25%, 10/01/2022		1,095,000		1,067,830
4.63%, 10/01/2042		1,550,000		1,432,800
Bristol-Myers Squibb Co.
4.50%, 03/01/2044 (C)		1,265,000		1,338,835
Perrigo Co. PLC
2.30%, 11/08/2018		3,365,000		3,328,530
Teva Pharmaceutical Finance Co., BV
3.65%, 11/10/2021		383,000		387,649
				10,328,176
Real Estate Investment Trusts - 2.6%
EPR Properties
4.50%, 04/01/2025		4,740,000		4,545,508
Host Hotels & Resorts, LP
4.00%, 06/15/2025		1,625,000		1,601,854
Kilroy Realty, LP
4.25%, 08/15/2029		6,355,000		6,150,700
Realty Income Corp.
3.88%, 07/15/2024		5,555,000		5,560,061
Simon Property Group, LP
3.38%, 10/01/2024 (C)		6,665,000		6,706,336
Ventas Realty, LP / Ventas Capital Corp.
2.70%, 04/01/2020		535,000		532,740
Vereit Operating Partnership, LP
2.00%, 02/06/2017		3,705,000		3,630,900
3.00%, 02/06/2019		1,655,000		1,578,456
WEA Finance LLC / Westfield UK & Europe Finance PLC
2.70%, 09/17/2019 (A)		4,260,000		4,239,850
				34,546,405

	Principal		Value
CORPORATE DEBT SECURITIES (continued)
Road & Rail - 0.3%
Aviation Capital Group Corp.
7.13%, 10/15/2020 (A)		$  3,032,000		$  3,509,540
Burlington Northern Santa Fe LLC
3.00%, 03/15/2023		269,000		264,906
3.75%, 04/01/2024		294,000		302,979
				4,077,425
Semiconductors & Semiconductor Equipment - 0.3%
KLA-Tencor Corp.
4.13%, 11/01/2021		3,735,000		3,797,509
Software - 0.2%
Microsoft Corp.
2.70%, 02/12/2025 (C)		3,005,000		2,944,621
Technology Hardware, Storage & Peripherals - 0.4%
Hewlett Packard Enterprise Co.
3.60%, 10/15/2020 (H)		4,040,000		4,038,869
Hewlett-Packard Co.
3.75%, 12/01/2020		1,685,000		1,742,123
				5,780,992
Tobacco - 0.1%
Altria Group, Inc.
4.00%, 01/31/2024 (C)		905,000		937,236
Philip Morris International, Inc.
4.88%, 11/15/2043		636,000		673,543
				1,610,779
Trading Companies & Distributors - 0.1%
International Lease Finance Corp.
6.75%, 09/01/2016 (A)		2,000,000		2,070,000
Wireless Telecommunication Services - 1.7%
America Movil SAB de CV
2.38%, 09/08/2016		3,420,000		3,453,926
Crown Castle Towers LLC
4.88%, 08/15/2040 (A)		3,445,000		3,721,199
6.11%, 01/15/2040 (A)		7,393,000		8,331,379
SBA Tower Trust
2.24%, 04/15/2043 (A)		1,420,000		1,410,619
Sprint Communications, Inc.
9.00%, 11/15/2018 (A)		3,570,000		3,746,001
Sprint Corp.
7.88%, 09/15/2023		1,290,000		1,044,094
T-Mobile USA, Inc.
6.46%, 04/28/2019		145,000		147,538
6.63%, 04/28/2021		475,000		476,188
6.73%, 04/28/2022		460,000		458,850
6.84%, 04/28/2023		145,000		143,550
				22,933,344
Total Corporate Debt Securities (Cost $514,878,168)				504,913,827
FOREIGN GOVERNMENT OBLIGATIONS - 1.5%
Brazilian Government International Bond
4.25%, 01/07/2025 (C)		1,440,000		1,260,000
Colombia Government International Bond
4.00%, 02/26/2024		1,810,000		1,753,890
Export-Import Bank of Korea
4.00%, 01/11/2017		3,750,000		3,868,657
Indonesia Government International Bond
5.38%, 10/17/2023 (A)		2,500,000		2,584,300

The notes are an integral part of this report. Transamerica Partners Portfolios Page    5 September 30, 2015 Form N-Q

Transamerica Partners Core Bond Portfolio

SCHEDULE OF INVESTMENTS (continued)

At September 30, 2015

(unaudited)

	Principal		Value
FOREIGN GOVERNMENT OBLIGATIONS (continued)
Mexico Government International Bond
4.00%, 10/02/2023		$  5,298,000		$  5,396,013
Peruvian Government International Bond
7.35%, 07/21/2025 (C)		1,010,000		1,259,975
South Africa Government International Bond
4.67%, 01/17/2024 (C)		1,060,000		1,049,400
Turkey Government International Bond
5.75%, 03/22/2024		2,180,000		2,259,570
Total Foreign Government Obligations (Cost $19,524,049)				19,431,805
MORTGAGE-BACKED SECURITIES - 13.5%
Adjustable Rate Mortgage Trust
Series 2004-2, Class 7A2
1.03%, 02/25/2035 (B)		6,910		6,909
Alternative Loan Trust
Series 2005-36, Class 2A1A
0.50%, 08/25/2035 (B)		1,286,614		1,021,222
Series 2005-50CB, Class 1A1
5.50%, 11/25/2035		2,464,432		2,386,376
Series 2005-51, Class 3A3A
0.52%, 11/20/2035 (B)		1,245,561		1,034,560
Series 2007-22, Class 2A16
6.50%, 09/25/2037		8,028,138		6,306,946
Series 2007-5CB, Class 1A31
5.50%, 04/25/2037		1,849,767		1,525,879
Banc of America Commercial Mortgage Trust
Series 2007-3, Class A1A
5.73%, 06/10/2049 (B)		2,428,790		2,563,957
Banc of America Funding Trust
Series 2005-E, Class 4A1
2.75%, 03/20/2035 (B)		177,084		176,309
BB-UBS Trust
Series 2012-TFT, Class A
2.89%, 06/05/2030 (A)		3,410,000		3,406,515
Series 2012-TFT, Class C
3.58%, 06/05/2030 (A) (B)		4,215,000		4,066,919
Bear Stearns Alt-A Trust
Series 2004-11, Class 2A2
2.75%, 11/25/2034 (B)		99,760		84,536
Bear Stearns Commercial Mortgage Securities Trust
Series 2006-PW14, Class A1A
5.19%, 12/11/2038		2,640,504		2,737,535
Series 2007-PW15, Class A1A
5.32%, 02/11/2044		1,751,939		1,823,180
Series 2007-PW17, Class A1A
5.65%, 06/11/2050 (B)		1,689,182		1,803,334
Bear Stearns Mortgage Funding Trust
Series 2006-AR5, Class 1A2
0.40%, 12/25/2046 (B)		154,471		66,913
CHL Mortgage Pass-Through Trust
Series 2003-60, Class 1A1
2.54%, 02/25/2034 (B)		122,841		120,535
Series 2005-3, Class 1A2
0.48%, 04/25/2035 (B)		250,669		218,333
Citigroup Commercial Mortgage Trust
Series 2014-GC19, Class A3
3.75%, 03/10/2047		1,140,000		1,203,140
Series 2014-GC19, Class A4
4.02%, 03/10/2047		1,735,000		1,870,410
Citigroup Mortgage Loan Trust
Series 2015-A, Class A1
3.50%, 06/25/2058 (B)		6,286,579		6,410,644

	Principal		Value
MORTGAGE-BACKED SECURITIES (continued)
COMM Mortgage Trust
Series 2010-RR1, Class GEB
5.54%, 12/11/2049 (A) (B)		$  2,350,000		$  2,443,659
Series 2013-CR11, Class AM
4.72%, 10/10/2046 (B)		565,000		626,466
Series 2013-GAM, Class A2
3.37%, 02/10/2028 (A)		1,380,000		1,408,199
Series 2014-UBS2, Class A5
3.96%, 03/10/2047		1,240,000		1,330,229
Commercial Mortgage Pass-Through Certificates
Series 2012-LTRT, Class A2
3.40%, 10/05/2030 (A)		1,560,000		1,580,101
Series 2014-CR14, Class B
4.76%, 02/10/2047 (B)		1,180,000		1,283,119
Commercial Mortgage Trust
Series 2007-GG11, Class AM
5.87%, 12/10/2049 (B)		1,175,000		1,241,003
Core Industrial Trust
Series 2015-CALW, Class B
3.25%, 02/10/2034 (A)		4,655,000		4,708,709
Credit Suisse Commercial Mortgage Trust
Series 2007-C2, Class A2
5.45%, 01/15/2049 (B)		5,729		5,739
Credit Suisse Mortgage Capital Certificates
Series 2009-11R, Class 5A1
4.24%, 08/26/2036 (A) (B)		5,324,699		5,285,626
CSMC Trust
Series 2010-1R, Class 28A1
5.00%, 02/27/2047 (A)		2,731,287		2,750,100
Series 2011-4R, Class 5A1
2.82%, 05/27/2036 (A) (B)		2,022,470		2,014,718
Series 2013-8R, Class 3A1
0.32%, 03/27/2036 (A) (B)		4,300,625		4,199,410
Series 2014-4R, Class 21A1
0.49%, 12/27/2035 (A) (B)		6,544,585		6,236,833
DBRR Trust
Series 2011-C32, Class A3A
5.90%, 06/17/2049 (A) (B)		1,320,000		1,372,865
Extended Stay America Trust
Series 2013-ESH5, Class C5
2.67%, 12/05/2031 (A)		1,210,000		1,209,443
Series 2013-ESH7, Class A27
2.96%, 12/05/2031 (A)		1,630,000		1,641,503
GMACM Mortgage Loan Trust
Series 2003-AR2, Class 1A1
3.23%, 12/19/2033 (B)		34,683		33,097
Series 2005-AR1, Class 3A
3.00%, 03/18/2035 (B)		68,064		66,648
GS Mortgage Securities Corp. II
Series 2013-KING, Class E
3.55%, 12/10/2027 (A) (B)		3,320,000		3,205,002
GS Mortgage Securities Corp. Trust
Series 2012-SHOP, Class C
3.63%, 06/05/2031 (A)		410,000		423,583
Hilton USA Trust
Series 2013-HLT, Class DFX
4.41%, 11/05/2030		970,000		975,322
Hilton USA Trust, Interest Only STRIPS
Series 2013-HLT, Class X1FX
0.10%, 11/05/2030 (A) (B)		22,320,000		3,549
Impac CMB Trust
Series 2004-6, Class 1A1
0.99%, 10/25/2034 (B)		43,413		41,374

The notes are an integral part of this report. Transamerica Partners Portfolios Page    6 September 30, 2015 Form N-Q

Transamerica Partners Core Bond Portfolio

SCHEDULE OF INVESTMENTS (continued)

At September 30, 2015

(unaudited)

	Principal		Value
MORTGAGE-BACKED SECURITIES (continued)
Independent National Mortgage Corp. Index Mortgage Loan Trust
Series 2007-AR15, Class 2A1
4.16%, 08/25/2037 (B)		$  734,783		$  569,374
Series 2007-AR7, Class 1A1
2.80%, 11/25/2037 (B)		501,078		467,483
JPMorgan Chase Commercial Mortgage Securities Trust
Series 2006-CB14, Class AM
5.67%, 12/12/2044 (B)		2,000,000		2,009,394
Series 2007-CB18, Class A1A
5.43%, 06/12/2047 (B)		4,099,263		4,258,335
Series 2007-LD11, Class ASB
5.96%, 06/15/2049 (B)		565,621		581,092
Series 2007-LD12, Class A1A
5.85%, 02/15/2051 (B)		3,402,513		3,634,506
Series 2007-LDPX, Class A1A
5.44%, 01/15/2049		3,090,119		3,224,898
JPMorgan Mortgage Trust
Series 2004-A1, Class 1A1
1.99%, 02/25/2034 (B)		72,715		72,265
Series 2006-A2, Class 5A1
2.52%, 11/25/2033 (B)		94,186		95,085
Series 2006-S3, Class 1A12
6.50%, 08/25/2036		472,633		396,442
JPMorgan Re-REMIC Trust
Series 2014-2, Class 6A1
Zero Coupon, 05/26/2037 (A) (B)		6,490,657		6,515,672
LB-UBS Commercial Mortgage Trust
Series 2007-C7, Class AM
6.37%, 09/15/2045 (B)		900,000		979,488
MASTR Adjustable Rate Mortgages Trust
Series 2007-R5, Class A1
2.61%, 11/25/2035 (A) (B)		661,865		509,609
Merrill Lynch Mortgage Investors Trust
Series 2003-F, Class A1
0.83%, 10/25/2028 (B)		42,230		41,200
Series 2004-A1, Class 2A1
2.43%, 02/25/2034 (B)		242,916		244,538
Series 2004-A3, Class 4A3
2.73%, 05/25/2034 (B)		111,529		111,157
Series 2005-A3, Class A1
0.46%, 04/25/2035 (B)		49,784		47,787
Series 2005-A4, Class 2A2
2.55%, 07/25/2035 (B)		270,167		238,636
Merrill Lynch Mortgage Trust
Series 2005-CKI1, Class AJ
5.60%, 11/12/2037 (B)		964,653		964,260
Series 2007-C1, Class A1A
6.03%, 06/12/2050 (B)		1,051,742		1,093,549
Morgan Stanley Capital I Trust
Series 2007-HQ12, Class AM
5.90%, 04/12/2049 (B)		2,855,000		2,992,137
Series 2007-IQ13, Class A1A
5.31%, 03/15/2044		3,928,335		4,087,358
Series 2007-IQ13, Class AM
5.41%, 03/15/2044		1,090,000		1,131,720
Series 2007-IQ14, Class A1A
5.67%, 04/15/2049 (B)		1,046,128		1,103,832
Series 2007-IQ15, Class AM
6.11%, 06/11/2049 (B)		1,225,000		1,299,436
Morgan Stanley Re-REMIC Trust
Series 2010-GG10, Class A4B
5.99%, 08/15/2045 (A) (B)		540,000		568,490
Series 2012-IO, Class AXB2
1.00%, 03/27/2051 (A)		438,885		436,691
Series 2012-XA, Class A
2.00%, 07/27/2049 (A)		924,355		918,347
Series 2014-R3, Class 2A
3.00%, 07/26/2048 (A) (B)		8,269,565		8,293,095

	Principal		Value
MORTGAGE-BACKED SECURITIES (continued)
Motel 6 Trust
Series 2015-MTL6, Class C
3.64%, 02/05/2030 (A)		$  11,625,000		$  11,640,647
NACC Reperforming Loan REMIC Trust
Series 2004-R2, Class A1
6.50%, 10/25/2034 (A) (B)		100,620		100,257
Nationstar Mortgage Loan Trust
Series 2013-A, Class A
3.75%, 12/25/2052 (A) (B)		4,843,921		4,945,663
New Residential Mortgage Loan Trust
Series 2014-1A, Class A
3.75%, 01/25/2054 (A) (B)		2,093,615		2,161,913
Series 2014-3A, Class AFX3
3.75%, 11/25/2054 (A) (B)		3,773,433		3,904,431
Provident Funding Mortgage Loan Trust
Series 2005-1, Class 3A1
0.48%, 05/25/2035 (B)		3,925,122		3,783,751
Queens Center Mortgage Trust
Series 2013-QCA, Class D
3.59%, 01/11/2037 (A) (B)		4,200,000		4,045,919
RALI Trust
Series 2007-QO1, Class A1
0.34%, 02/25/2047 (B)		574,478		450,070
Series 2007-QO4, Class A1A
0.38%, 05/25/2047 (B)		1,086,909		891,546
RBSCF Trust
Series 2010-RR3, Class WBTA
6.15%, 02/16/2051 (A) (B)		6,995,314		7,162,019
SCG Trust
Series 2013-SRP1, Class AJ
2.16%, 11/15/2026 (A) (B)		1,140,000		1,130,703
STRIPS, Ltd.
Series 2012-1A, Class A
1.50%, 12/25/2044 (A) (I) (J)		951,774		942,459
Structured Adjustable Rate Mortgage Loan Trust
Series 2005-15, Class 1A1
2.49%, 07/25/2035 (B)		749,520		611,549
Series 2007-3, Class 3A1
2.69%, 04/25/2047 (B)		1,988,979		1,560,489
Structured Asset Mortgage Investments II Trust
Series 2003-AR4, Class A1
0.92%, 01/19/2034 (B)		57,848		55,892
Towd Point Mortgage Trust
Series 2015-3, Class A1B
3.00%, 03/25/2054 (A) (B)		4,214,112		4,243,303
UBS-BAMLL Trust
Series 2012-WRM, Class A
3.66%, 06/10/2030 (A)		2,680,000		2,825,516
Voyager BRSTN Delaware Trust, Interest Only STRIPS
Series 2009-1, Class UAU7
0.44%, 12/26/2036 (A) (B)		256,194		246,893
Wachovia Bank Commercial Mortgage Trust
Series 2006-WL7A, Class H
0.61%, 09/15/2021 (A) (B)		606,816		592,852
WaMu Mortgage Pass-Through Certificates Trust
Series 2005-AR8, Class 2A1A
0.48%, 07/25/2045 (B)		69,114		64,488
Series 2007-OA6, Class 1A1B
1.01%, 07/25/2047 (B)		1,055,626		336,430

The notes are an integral part of this report. Transamerica Partners Portfolios Page    7 September 30, 2015 Form N-Q

Transamerica Partners Core Bond Portfolio

SCHEDULE OF INVESTMENTS (continued)

At September 30, 2015

(unaudited)

	Principal		Value
MORTGAGE-BACKED SECURITIES (continued)
Wells Fargo Re-REMIC Trust
Series 2012-IO, Class A
1.75%, 08/20/2021 (A)		$  424,730		$  424,730
Total Mortgage-Backed Securities (Cost $183,926,560)				181,927,845
MUNICIPAL GOVERNMENT OBLIGATIONS - 0.9%
California - 0.2%
Los Angeles Community College District, General Obligation Unlimited
6.60%, 08/01/2042		340,000		457,671
State of California, General Obligation Unlimited
7.60%, 11/01/2040		1,585,000		2,325,496
University of California, Revenue Bonds
Series AD
4.86%, 05/15/2112		315,000		304,299
				3,087,466
Georgia - 0.0% (G)
Municipal Electric Authority of Georgia, Revenue Bonds
6.64%, 04/01/2057		295,000		345,755
Illinois - 0.1%
State of Illinois, General Obligation Unlimited
5.10%, 06/01/2033		1,520,000		1,424,559
New Jersey - 0.1%
New Jersey State Turnpike Authority, Revenue Bonds
Series F
7.41%, 01/01/2040		431,000		595,978
New York - 0.5%
Metropolitan Transportation Authority, Revenue Bonds
Series E
6.81%, 11/15/2040		355,000		464,571
New York City Water & Sewer System, Revenue Bonds
5.88%, 06/15/2044		340,000		434,146
Series EE
5.38%, 06/15/2043		1,670,000		1,940,089
5.50%, 06/15/2043		2,000,000		2,341,120
New York State Dormitory Authority, Revenue Bonds
Series H
5.39%, 03/15/2040		330,000		396,343
Port Authority of New York & New Jersey, Revenue Bonds
4.96%, 08/01/2046		570,000		618,798
				6,195,067
Total Municipal Government Obligations (Cost $10,760,101)				11,648,825
U.S. GOVERNMENT AGENCY OBLIGATIONS - 16.6%
Federal Home Loan Mortgage Corp.
1.85%, 05/01/2037 (B)		103,558		108,528
1.97%, 02/01/2037 (B)		47,210		49,645
2.02%, 04/01/2037 (B)		201,682		211,771
2.19%, 01/01/2038 (B)		259,474		276,540
2.26%, 12/01/2034 (B)		23,517		25,098

	Principal		Value
U.S. GOVERNMENT AGENCY OBLIGATIONS (continued)
Federal Home Loan Mortgage Corp. (continued)
2.34%, 09/01/2037 (B)		$  24,295		$  25,893
2.49%, 09/01/2035 (B)		1,295,064		1,376,604
2.50%, 05/01/2037 (B)		110,045		117,839
3.00%, 02/01/2041 (B)		735,528		783,738
5.50%, 07/01/2016 - 06/01/2041		2,540,679		2,812,260
6.00%, 04/01/2016 - 05/01/2031		674,454		764,898
Federal National Mortgage Association
1.40%, 08/01/2037 (B)		9,511		9,747
1.89%, 01/01/2035 (B)		31,707		33,302
1.90%, 08/01/2034 (B)		17,948		18,853
2.45%, 08/01/2035 (B)		74,575		77,243
2.96%, 03/01/2041 (B)		362,774		386,362
3.00%, TBA (H) (K)		51,221,000		51,909,282
3.14%, 03/01/2041 (B)		530,291		563,904
3.16%, 12/01/2040 (B)		1,020,237		1,076,291
3.35%, 06/01/2041 (B)		1,010,859		1,071,117
3.50%, 07/01/2028 - 01/01/2029		5,306,120		5,659,822
3.50%, TBA (H) (K)		79,454,000		83,081,173
3.52%, 09/01/2041 (B)		776,627		823,753
4.00%, TBA (H) (K)		34,679,000		36,991,396
4.50%, 02/01/2025 - 06/01/2026		3,861,248		4,130,421
5.00%, TBA (H) (K)		13,305,000		14,659,667
5.50%, 04/01/2036 - 04/01/2041		1,930,120		2,165,759
6.00%, 02/01/2034 - 01/01/2040		8,271,763		9,431,358
6.50%, 05/01/2040		3,124,949		3,569,865
7.00%, 01/01/2016 - 09/01/2016		2,582		2,605
Government National Mortgage Association, Interest Only STRIPS
0.91%, 02/16/2053 (B)		9,257,465		612,307
Tennessee Valley Authority
5.98%, 04/01/2036		440,000		584,481
Total U.S. Government Agency Obligations (Cost $220,990,000)				223,411,522
U.S. GOVERNMENT OBLIGATIONS - 22.3%
U.S. Treasury Bond
2.50%, 02/15/2045		757,000		696,893
2.75%, 08/15/2042		9,911,500		9,663,970
3.50%, 02/15/2039		3,049,000		3,439,177
3.63%, 02/15/2044		41,320,900		47,517,961
4.50%, 02/15/2036		11,951,200		15,670,700
4.75%, 02/15/2037		1,985,000		2,691,589
5.25%, 02/15/2029		5,102,000		6,849,302
U.S. Treasury Inflation Indexed Bond
2.50%, 01/15/2029		7,415,950		8,896,530
U.S. Treasury Inflation Indexed Note
0.13%, 01/15/2023		1,742,172		1,679,609
0.63%, 01/15/2024		15,863,476		15,786,840
U.S. Treasury Note
0.38%, 10/31/2016		13,531,600		13,528,610
0.88%, 04/15/2017 - 04/30/2017		40,024,700		40,225,684
1.00%, 11/30/2019		23,735,500		23,498,762
1.25%, 11/30/2018		27,368,900		27,588,426
1.63%, 03/31/2019 - 11/15/2022		39,887,800		40,179,819
1.88%, 11/30/2021		4,669,000		4,729,431
2.00%, 02/15/2025		13,447,000		13,394,476
2.25%, 11/15/2024		6,766,900		6,893,428
2.50%, 08/15/2023 - 05/15/2024		16,373,100		17,066,832
Total U.S. Government Obligations (Cost $293,142,772)				299,998,039

The notes are an integral part of this report. Transamerica Partners Portfolios Page    8 September 30, 2015 Form N-Q

Transamerica Partners Core Bond Portfolio

SCHEDULE OF INVESTMENTS (continued)

At September 30, 2015

(unaudited)

	Shares		Value
PREFERRED STOCKS - 0.2%
Capital Markets - 0.0% (G)
State Street Corp.
Series D, 5.90% (B)		23,039		$  598,093
Diversified Financial Services - 0.1%
Citigroup Capital XIII
7.88% (B)		60,502		1,554,296
Electric Utilities - 0.0% (G)
SCE Trust III
5.75% (B)		7,998		215,466
Thrifts & Mortgage Finance - 0.1%
Federal Home Loan Mortgage Corp.
Series Z, 8.38% (B) (C) (L)		93,300		457,170
Federal National Mortgage Association
Series O, 0.00% (B) (L)		1,300		11,505
Series S, 8.25% (B) (L)		81,175		393,699
				862,374
Total Preferred Stocks (Cost $4,586,141)				3,230,229
	Principal		Value
SHORT-TERM U.S. GOVERNMENT AGENCY OBLIGATION - 0.8%
Federal Home Loan Bank Discount Notes
0.15%, 12/17/2015		$  10,091,000		10,087,870
Total Short-Term U.S. Government Agency Obligation (Cost $10,087,870)				10,087,870
SHORT-TERM U.S. GOVERNMENT OBLIGATIONS - 13.2%
U.S. Treasury Bill
0.00% (M), 02/04/2016 (N)		16,550,000		16,549,855
0.01%, 10/29/2015 (N)		27,092,000		27,091,852
0.03%, 10/22/2015 (C) (N)		15,898,000		15,897,713
0.03%, 12/10/2015 (N)		27,122,000		27,120,181
0.04%, 11/19/2015 (C) (N)		20,730,000		20,728,885
0.04%, 12/17/2015 (N)		29,968,000		29,965,468
0.08%, 11/05/2015 (N)		39,337,000		39,334,151
Total Short-Term U.S. Government Obligations (Cost $176,688,105)				176,688,105
	Shares		Value
SECURITIES LENDING COLLATERAL - 4.7%
State Street Navigator Securities Lending Trust - Prime Portfolio, 0.20% (N)		62,956,070		62,956,070
Total Securities Lending Collateral (Cost $62,956,070)				62,956,070

	Principal		Value
REPURCHASE AGREEMENT - 0.4%
State Street Bank & Trust Co. 0.01% (N), dated 09/30/2015, to be repurchased at $5,912,024 on 10/01/2015. Collateralized by a U.S. Government Obligation, 2.38%, due 08/15/2024, and with a value of $6,030,650.		$  5,912,023		$  5,912,023
Total Repurchase Agreement (Cost $5,912,023)				5,912,023
Total Investments (Cost $1,592,934,149) (O)				1,588,935,591
Net Other Assets (Liabilities) - (18.3)%				(245,954,582	)
Net Assets - 100.0%				$  1,342,981,009

The notes are an integral part of this report. Transamerica Partners Portfolios Page    9 September 30, 2015 Form N-Q

Transamerica Partners Core Bond Portfolio

SCHEDULE OF INVESTMENTS (continued)

At September 30, 2015

(unaudited)

SECURITY VALUATION:

Valuation Inputs ^(P)

	Level 1 - Unadjusted Quoted Prices		Level 2 - Other Significant Observable Inputs		Level 3 - Significant Unobservable Inputs (Q)		Value at September 30, 2015
ASSETS
Investments
Asset-Backed Securities	$	—	$	88,729,431	$	—	$	88,729,431
Corporate Debt Securities		—		504,913,827		—		504,913,827
Foreign Government Obligations		—		19,431,805		—		19,431,805
Mortgage-Backed Securities		—		180,985,386		942,459		181,927,845
Municipal Government Obligations		—		11,648,825		—		11,648,825
U.S. Government Agency Obligations		—		223,411,522		—		223,411,522
U.S. Government Obligations		—		299,998,039		—		299,998,039
Preferred Stocks		3,230,229		—		—		3,230,229
Short-Term U.S. Government Agency Obligation		—		10,087,870		—		10,087,870
Short-Term U.S. Government Obligations		—		176,688,105		—		176,688,105
Securities Lending Collateral		62,956,070		—		—		62,956,070
Repurchase Agreement		—		5,912,023		—		5,912,023
Total Investments	$	66,186,299	$	1,521,806,833	$	942,459	$	1,588,935,591
Transfers
Investments	Transfers from Level 1 to Level 2		Transfers from Level 2 to Level 1		Transfers from Level 2 to Level 3 (R)		Transfers from Level 3 to Level 2
Mortgage-Backed Securities	$	—	$	—	$	942,459	$	—

FOOTNOTES TO SCHEDULE OF INVESTMENTS:

^(A) Security is registered pursuant to Rule 144A of the Securities Act of 1933. The security is deemed to be liquid for purposes of compliance limitations on holdings of illiquid securities and may be resold as transactions exempt from registration, normally to qualified institutional buyers. At September 30, 2015, the total aggregate value of 144A securities is $313,154,591, representing 23.3% of the Portfolio’s net assets.

^(B) Floating or variable rate security. The rate disclosed is as of September 30, 2015.

^(C) All or a portion of the security is on loan. The total value of all securities on loan is $61,694,873. The amount of securities on loan indicated may not correspond with the securities on loan identified because securities with pending sales are in the process of recall from the brokers.

^(D) Perpetual maturity. The date displayed is the next call date.

^(E) Security in default.

^(F)  Illiquid security. Total aggregate value of illiquid securities is $89,372, representing less than 0.1% of the Portfolio’s net assets.

^(G)  Percentage rounds to less than 0.1% or (0.1)%.

^(H)  Security on a when-issued, delayed-delivery, or forward commitment basis. Security to be settled and delivered after September 30, 2015.

^(I)  Fair valued as determined in good faith in accordance with procedures established by the Board. Total aggregate fair value of securities is $942,459, representing 0.1% of the Portfolio’s net assets.

^(J)  Security is Level 3 of the fair value hierarchy.

^(K)  Cash in the amount of $495,029 has been segregated by the broker as collateral for open TBA commitment transactions.

^(L)  Non-income producing security.

^(M)  Percentage rounds to less than 0.01% or (0.01)%.

^(N)  Rate disclosed reflects the yield at September 30, 2015.

^(O)  Aggregate cost for federal income tax purposes is $1,592,934,149. Aggregate gross unrealized appreciation and depreciation for all securities is $19,586,810 and $23,585,368, respectively. Net unrealized depreciation for tax purposes is $3,998,558.

^(P)  The Portfolio recognizes transfers between Levels at the end of the reporting period. See the Security Valuation section of the Notes to Schedules of Investments for more information regarding security valuation and pricing inputs.

^(Q)  Level 3 securities were not considered significant to the Portfolio.

^(R)  Transferred from Level 2 to 3 due to utilizing significant unobservable inputs, as of prior reporting period the security utilized significant observable inputs.

PORTFOLIO ABBREVIATIONS:

MTN	Medium Term Note
STRIPS	Separate Trading of Registered Interest and Principal of Securities
TBA	To Be Announced

The notes are an integral part of this report. Transamerica Partners Portfolios Page    10 September 30, 2015 Form N-Q

Transamerica Partners High Yield Bond Portfolio

SCHEDULE OF INVESTMENTS

At September 30, 2015

(unaudited)

	Principal		Value
CONVERTIBLE BONDS - 0.0% (A)
Independent Power and Renewable Electricity Producers - 0.0%
Mirant Corp.
Series 4, Class A
2.50%, 06/15/2021 (B) (C) (D) (E)		$  1,220,000		$  —
Media - 0.0% (A)
Mood Media Corp.
Series 1
10.00%, 10/31/2015		7,000		6,996
Total Convertible Bonds (Cost $6,816)				6,996
CORPORATE DEBT SECURITIES - 95.0%
Aerospace & Defense - 1.1%
Bombardier, Inc.
6.00%, 10/15/2022 (F)		4,925,000		3,656,813
6.13%, 01/15/2023 (F)		930,000		683,550
7.50%, 03/15/2025 (F)		1,321,000		990,750
7.75%, 03/15/2020 (F)		2,557,000		2,186,235
Triumph Group, Inc.
5.25%, 06/01/2022		1,296,000		1,192,320
				8,709,668
Airlines - 2.5%
American Airlines Group, Inc.
4.63%, 03/01/2020 (F)		1,000,000		975,000
5.50%, 10/01/2019 (F)		4,837,000		4,890,207
American Airlines Pass-Through Trust
5.60%, 01/15/2022 (F)		2,183,033		2,226,693
6.13%, 07/15/2018 (F)		7,155,000		7,333,875
Continental Airlines Pass-Through Certificates
6.13%, 04/29/2018		2,240,000		2,324,000
United Airlines Pass-Through Trust
4.63%, 03/03/2024		770,000		766,150
United Continental Holdings, Inc.
6.38%, 06/01/2018		1,185,000		1,244,250
				19,760,175
Auto Components - 0.3%
Goodyear Tire & Rubber Co.
6.50%, 03/01/2021		2,500,000		2,618,750
Automobiles - 0.8%
FCA US LLC / CG Co-Issuer, Inc.
8.25%, 06/15/2021		5,935,000		6,298,222
Fiat Chrysler Automobiles NV
4.50%, 04/15/2020		430,000		408,500
				6,706,722
Banks - 2.7%
Barclays PLC
6.63%, 09/15/2019 (G) (H)		3,023,000		2,893,053
8.25%, 12/15/2018 (G) (H)		1,843,000		1,919,571
CIT Group, Inc.
5.00%, 08/15/2022		385,000		384,519
5.25%, 03/15/2018		1,525,000		1,566,938
5.38%, 05/15/2020		190,000		199,025
5.50%, 02/15/2019 (F)		2,865,000		2,972,437
Deutsche Bank AG
7.50%, 04/30/2025 (G) (H)		1,800,000		1,714,500

	Principal		Value
CORPORATE DEBT SECURITIES (continued)
Banks (continued)
Goldman Sachs Capital II
4.00%, 11/02/2015 (G) (H)		$  11,035,000		$  7,972,787
Royal Bank of Scotland Group PLC
7.50%, 08/10/2020 (G) (H)		1,400,000		1,396,934
8.00%, 08/10/2025 (G) (H)		867,000		873,503
				21,893,267
Beverages - 0.8%
Cott Beverages, Inc.
5.38%, 07/01/2022		4,099,000		3,970,865
6.75%, 01/01/2020		2,484,000		2,552,310
				6,523,175
Building Products - 2.9%
Associated Materials LLC / AMH New Finance, Inc.
9.13%, 11/01/2017		7,551,000		6,078,555
Builders FirstSource, Inc.
7.63%, 06/01/2021 (F)		2,560,000		2,662,400
10.75%, 08/15/2023 (F)		3,865,000		3,860,169
Griffon Corp.
5.25%, 03/01/2022		3,975,000		3,781,219
Norbord, Inc.
6.25%, 04/15/2023 (F)		2,237,000		2,188,065
Ply Gem Industries, Inc.
6.50%, 02/01/2022		5,010,000		4,780,860
				23,351,268
Capital Markets - 0.6%
Goldman Sachs Group, Inc.
5.38%, 05/10/2020 (G) (H)		1,517,000		1,481,919
Morgan Stanley
5.45%, 07/15/2019 (G) (H)		2,970,000		2,923,995
5.55%, 07/15/2020 (G) (H)		320,000		315,200
				4,721,114
Chemicals - 1.0%
Hexion, Inc.
6.63%, 04/15/2020		6,738,000		5,727,300
10.00%, 04/15/2020		1,201,000		1,151,459
Tronox Finance LLC
7.50%, 03/15/2022 (F)		2,117,000		1,339,002
				8,217,761
Commercial Services & Supplies - 1.7%
Hertz Corp.
7.38%, 01/15/2021		3,500,000		3,613,750
7.50%, 10/15/2018		735,000		744,562
United Rentals North America, Inc.
5.50%, 07/15/2025		510,000		476,850
7.38%, 05/15/2020		5,950,000		6,247,500
7.63%, 04/15/2022		2,559,000		2,712,540
8.25%, 02/01/2021		134,000		141,035
				13,936,237
Construction & Engineering - 2.0%
Abengoa Greenfield SA
6.50%, 10/01/2019 (F)		1,767,000		662,625
Ashton Woods USA LLC / Ashton Woods Finance Co.
6.88%, 02/15/2021 (F)		4,473,000		4,115,160
Brookfield Residential Properties, Inc.
6.38%, 05/15/2025 (F)		2,147,000		2,023,548
K Hovnanian Enterprises, Inc.
7.00%, 01/15/2019 (F)		1,785,000		1,303,050

The notes are an integral part of this report. Transamerica Partners Portfolios Page    1 September 30, 2015 Form N-Q

Transamerica Partners High Yield Bond Portfolio

SCHEDULE OF INVESTMENTS (continued)

At September 30, 2015

(unaudited)

	Principal		Value
CORPORATE DEBT SECURITIES (continued)
Construction & Engineering (continued)
K Hovnanian Enterprises, Inc. (continued)
7.25%, 10/15/2020 (F)		$  1,250,000		$  1,184,375
8.00%, 11/01/2019 (F)		1,800,000		1,291,500
9.13%, 11/15/2020 (F)		6,000,000		5,250,000
Standard Pacific Corp.
5.88%, 11/15/2024		640,000		656,000
				16,486,258
Consumer Finance - 3.9%
Ally Financial, Inc.
3.25%, 02/13/2018		872,000		858,920
3.50%, 07/18/2016		40,000		40,101
5.50%, 02/15/2017		1,700,000		1,742,500
6.25%, 12/01/2017		3,830,000		4,021,500
8.00%, 12/31/2018 - 11/01/2031		2,712,000		3,118,332
Altice US Finance I Corp.
5.38%, 07/15/2023 (F)		980,000		940,800
Altice US Finance II Corp.
7.75%, 07/15/2025 (F)		250,000		221,250
Altice US Financing SA
7.75%, 07/15/2025 (F)		250,000		220,625
Navient Corp.
5.88%, 10/25/2024		2,126,000		1,668,910
Series MTN
5.50%, 01/15/2019		4,230,000		3,931,256
OneMain Financial Holdings, Inc.
6.75%, 12/15/2019 (F)		1,847,000		1,911,645
7.25%, 12/15/2021 (F)		1,636,000		1,660,540
Springleaf Finance Corp.
6.00%, 06/01/2020		4,250,000		4,265,937
Series MTN
6.90%, 12/15/2017		6,255,000		6,536,475
				31,138,791
Containers & Packaging - 1.7%
Ardagh Packaging Finance PLC / Ardagh Holdings USA, Inc.
3.34%, 12/15/2019 (F) (G)		3,620,000		3,493,300
6.25%, 01/31/2019 (F)		665,000		661,675
7.00%, 11/15/2020 (F)		774,706		774,706
Ball Corp.
5.25%, 07/01/2025		2,466,000		2,430,539
Beverage Packaging Holdings Luxembourg II SA / Beverage Packaging Holdings II Issuer, Inc.
5.63%, 12/15/2016 (F)		645,000		635,325
6.00%, 06/15/2017 (F)		915,000		895,556
Coveris Holdings SA
7.88%, 11/01/2019 (F)		2,950,000		2,795,125
Owens-Brockway Glass Container, Inc.
5.88%, 08/15/2023 (F)		1,078,000		1,084,738
6.38%, 08/15/2025 (F)		539,000		544,390
				13,315,354
Diversified Financial Services - 5.9%
AerCap Ireland Capital, Ltd. / AerCap Global Aviation Trust
4.25%, 07/01/2020		800,000		799,000
4.63%, 07/01/2022		1,691,000		1,684,659
Bank of America Corp.
5.13%, 06/17/2019 (G) (H)		34,000		33,193
6.10%, 03/17/2025 (G) (H)		1,373,000		1,338,675
8.00%, 01/30/2018 (G) (H)		3,947,000		4,124,615
Citigroup, Inc.
6.30%, 05/15/2024 (G) (H)		5,900,000		5,676,685
Credit Suisse Group AG
6.25%, 12/18/2024 (F) (G) (H)		1,683,000		1,577,812

	Principal		Value
CORPORATE DEBT SECURITIES (continued)
Diversified Financial Services (continued)
Credit Suisse Group AG (continued)
7.50%, 12/11/2023 (F) (G) (H)		$  4,697,000		$  4,890,751
Denali Borrower LLC / Denali Finance Corp.
5.63%, 10/15/2020 (F)		7,530,000		7,827,435
General Motors Financial Co., Inc.
4.75%, 08/15/2017		1,350,000		1,401,292
Glen Meadow Pass-Through Trust
6.51%, 02/12/2067 (F) (G)		5,423,000		4,688,547
ILFC E-Capital Trust I
4.57%, 12/21/2065 (F) (G)		4,780,000		4,373,700
ILFC E-Capital Trust II
6.25%, 12/21/2065 (F) (G)		875,000		809,375
Jefferies Finance LLC / JFIN Co-Issuer Corp.
7.50%, 04/15/2021 (F)		2,711,000		2,534,785
JPMorgan Chase & Co.
5.00%, 07/01/2019 (G) (H)		2,515,000		2,445,837
7.90%, 04/30/2018 (G) (H)		3,247,000		3,372,821
				47,579,182
Diversified Telecommunication Services - 7.4%
Altice Financing SA
6.63%, 02/15/2023 (F)		1,975,000		1,899,703
CenturyLink, Inc.
7.65%, 03/15/2042		10,837,000		8,290,305
Frontier Communications Corp.
6.88%, 01/15/2025		318,000		251,220
7.63%, 04/15/2024		6,032,000		5,036,720
9.00%, 08/15/2031		675,000		556,875
10.50%, 09/15/2022 (F)		1,238,000		1,207,050
11.00%, 09/15/2025 (F)		563,000		544,703
Hughes Satellite Systems Corp.
6.50%, 06/15/2019		3,105,000		3,333,838
7.63%, 06/15/2021		2,000,000		2,142,500
Intelsat Jackson Holdings SA
7.25%, 10/15/2020		5,570,000		5,110,475
Neptune Finco Corp.
6.63%, 10/15/2025 (F) (I)		752,000		755,760
10.13%, 01/15/2023 (F) (I)		752,000		760,460
10.88%, 10/15/2025 (F) (I)		950,000		959,500
Sprint Capital Corp.
8.75%, 03/15/2032		1,090,000		847,475
UPCB Finance IV, Ltd.
5.38%, 01/15/2025 (F)		1,800,000		1,692,000
UPCB Finance V, Ltd.
7.25%, 11/15/2021 (F)		4,257,000		4,507,099
UPCB Finance VI, Ltd.
6.88%, 01/15/2022 (F)		1,458,000		1,536,368
Virgin Media Finance PLC
6.00%, 10/15/2024 (F)		4,250,000		4,090,625
6.38%, 04/15/2023 (F)		945,000		940,275
Virgin Media Secured Finance PLC
5.25%, 01/15/2026 (F)		1,750,000		1,610,000
Wind Acquisition Finance SA
4.75%, 07/15/2020 (F)		2,500,000		2,475,000
7.38%, 04/23/2021 (F)		4,935,000		4,873,312
Windstream Services LLC
6.38%, 08/01/2023		2,385,000		1,718,631
7.75%, 10/01/2021		5,410,000		4,192,750
				59,332,644
Electric Utilities - 1.5%
Elwood Energy LLC
8.16%, 07/05/2026		2,086,304		2,305,366

The notes are an integral part of this report. Transamerica Partners Portfolios Page    2 September 30, 2015 Form N-Q

Transamerica Partners High Yield Bond Portfolio

SCHEDULE OF INVESTMENTS (continued)

At September 30, 2015

(unaudited)

	Principal		Value
CORPORATE DEBT SECURITIES (continued)
Electric Utilities (continued)
Homer City Generation, LP
8.73%, 10/01/2026
Cash Rate 8.73% (J)		$  7,441,550		$  7,441,550
Terraform Global Operating LLC
9.75%, 08/15/2022 (F)		3,120,000		2,503,800
				12,250,716
Electronic Equipment, Instruments & Components - 0.7%
Belden, Inc.
5.50%, 09/01/2022 (F)		2,514,000		2,432,295
Sanmina Corp.
4.38%, 06/01/2019 (F)		1,835,000		1,844,175
Zebra Technologies Corp.
7.25%, 10/15/2022 (F)		1,621,000		1,726,365
				6,002,835
Energy Equipment & Services - 2.1%
CSI Compressco, LP / Compressco Finance, Inc.
7.25%, 08/15/2022		2,283,000		1,860,645
Genesis Energy, LP / Genesis Energy Finance Corp.
6.75%, 08/01/2022		3,390,000		3,181,515
NuStar Logistics, LP
8.15%, 04/15/2018		2,000,000		2,140,000
Rose Rock Midstream, LP / Rose Rock Finance Corp.
5.63%, 11/15/2023 (F)		1,125,000		978,750
Sabine Pass Liquefaction LLC
5.63%, 02/01/2021		1,615,000		1,497,912
Targa Resources Partners, LP / Targa Resources Partners Finance Corp.
5.00%, 01/15/2018 (F)		1,545,000		1,471,613
6.75%, 03/15/2024 (F)		1,685,000		1,609,175
Transocean, Inc.
6.88%, 12/15/2021		5,099,000		3,803,446
				16,543,056
Food & Staples Retailing - 0.5%
Rite Aid Corp.
6.13%, 04/01/2023 (F)		1,764,000		1,750,770
6.75%, 06/15/2021		2,253,000		2,309,325
				4,060,095
Food Products - 1.4%
Aramark Services, Inc.
5.75%, 03/15/2020		895,000		930,241
JBS USA LLC / JBS USA Finance, Inc.
5.75%, 06/15/2025 (F)		1,160,000		1,067,200
7.25%, 06/01/2021 (F)		2,140,000		2,220,250
Pilgrim’s Pride Corp.
5.75%, 03/15/2025 (F)		1,009,000		991,342
Post Holdings, Inc.
6.75%, 12/01/2021 (F)		4,845,000		4,845,000
7.38%, 02/15/2022		827,000		839,405
8.00%, 07/15/2025 (F)		458,000		471,740
				11,365,178
Gas Utilities - 0.3%
Ferrellgas, LP / Ferrellgas Finance Corp.
6.75%, 06/15/2023 (F)		2,800,000		2,548,000
Health Care Equipment & Supplies - 1.8%
Crimson Merger Sub, Inc.
6.63%, 05/15/2022 (F)		5,628,000		4,840,080

	Principal		Value
CORPORATE DEBT SECURITIES (continued)
Health Care Equipment & Supplies (continued)
DJO Finco, Inc. / DJO Finance LLC
8.13%, 06/15/2021 (F)		$  2,555,000		$  2,491,125
Hologic, Inc.
5.25%, 07/15/2022 (F)		657,000		663,570
Mallinckrodt International Finance SA
4.75%, 04/15/2023		3,250,000		2,811,250
Mallinckrodt International Finance SA / Mallinckrodt CB LLC
4.88%, 04/15/2020 (F)		475,000		453,625
5.63%, 10/15/2023 (F)		632,000		575,120
5.75%, 08/01/2022 (F)		2,905,000		2,803,325
				14,638,095
Health Care Providers & Services - 6.2%
CHS / Community Health Systems, Inc.
5.13%, 08/15/2018		2,170,000		2,218,825
6.88%, 02/01/2022		5,263,000		5,374,628
7.13%, 07/15/2020		2,295,000		2,386,800
8.00%, 11/15/2019		5,393,000		5,612,091
DaVita HealthCare Partners, Inc.
5.75%, 08/15/2022		2,439,000		2,536,560
HCA Holdings, Inc.
6.25%, 02/15/2021		8,043,000		8,565,795
HCA, Inc.
7.50%, 02/15/2022		3,410,000		3,853,300
HealthSouth Corp.
5.75%, 11/01/2024 - 09/15/2025 (F)		2,358,000		2,306,160
LifePoint Health, Inc.
5.50%, 12/01/2021		5,940,000		5,999,400
Tenet Healthcare Corp.
5.00%, 03/01/2019		745,000		720,787
5.50%, 03/01/2019		1,135,000		1,123,650
6.00%, 10/01/2020		2,910,000		3,070,050
6.75%, 06/15/2023		1,034,000		1,026,245
8.13%, 04/01/2022		4,830,000		5,133,807
				49,928,098
Hotels, Restaurants & Leisure - 6.5%
Boyd Gaming Corp.
6.88%, 05/15/2023		2,760,000		2,801,400
Felcor Lodging, LP
5.63%, 03/01/2023		2,250,000		2,295,000
International Game Technology PLC
6.25%, 02/15/2022 (F)		2,255,000		2,097,150
6.50%, 02/15/2025 (F)		6,632,000		5,968,800
MGM Resorts International
6.00%, 03/15/2023		1,232,000		1,196,580
6.63%, 12/15/2021		3,185,000		3,264,625
7.75%, 03/15/2022		3,385,000		3,605,025
11.38%, 03/01/2018		1,911,000		2,188,095
NCL Corp., Ltd.
5.00%, 02/15/2018		3,412,000		3,463,180
New Cotai LLC / New Cotai Capital Corp.
10.63%, 05/01/2019 (F) (J)		2,405,801		1,960,728
Pinnacle Entertainment, Inc.
7.50%, 04/15/2021		5,516,000		5,750,430
Playa Resorts Holding BV
8.00%, 08/15/2020 (F)		1,457,000		1,471,570
Scientific Games International, Inc.
7.00%, 01/01/2022 (F)		683,000		672,755
10.00%, 12/01/2022		5,959,000		5,199,227
Studio City Finance, Ltd.
8.50%, 12/01/2020 (F)		3,325,000		3,092,250
Viking Cruises, Ltd.
6.25%, 05/15/2025 (F)		1,424,000		1,391,960

The notes are an integral part of this report. Transamerica Partners Portfolios Page    3 September 30, 2015 Form N-Q

Transamerica Partners High Yield Bond Portfolio

SCHEDULE OF INVESTMENTS (continued)

At September 30, 2015

(unaudited)

	Principal		Value
CORPORATE DEBT SECURITIES (continued)
Hotels, Restaurants & Leisure (continued)
Viking Cruises, Ltd. (continued)
8.50%, 10/15/2022 (F)		$  5,205,000		$  5,699,475
Waterford Gaming LLC / Waterford Gaming Financial Corp.
8.63%, 09/15/2049 (C) (D) (F) (K)		1,066,313		—
				52,118,250
Household Durables - 3.2%
Beazer Homes USA, Inc.
5.75%, 06/15/2019		3,139,000		2,942,812
7.50%, 09/15/2021		1,824,000		1,746,480
9.13%, 05/15/2019		2,075,000		2,116,500
KB Home
4.75%, 05/15/2019		3,000,000		2,883,750
7.00%, 12/15/2021		350,000		350,875
7.63%, 05/15/2023		2,738,000		2,758,535
9.10%, 09/15/2017		1,158,000		1,268,010
Meritage Homes Corp.
4.50%, 03/01/2018		6,372,000		6,403,860
Standard Pacific Corp.
8.38%, 01/15/2021		2,950,000		3,466,250
Tempur Sealy International, Inc.
5.63%, 10/15/2023 (F)		1,065,000		1,068,994
6.88%, 12/15/2020		1,034,000		1,093,455
				26,099,521
Household Products - 1.6%
Kronos Acquisition Holdings, Inc.
9.00%, 08/15/2023 (F)		1,485,000		1,329,075
Reynolds Group Issuer, Inc. / Reynolds Group Issuer LLC
6.88%, 02/15/2021		3,150,000		3,260,565
7.13%, 04/15/2019		2,472,000		2,512,170
7.88%, 08/15/2019		985,000		1,024,400
9.88%, 08/15/2019		4,600,000		4,761,000
Sun Products Corp.
7.75%, 03/15/2021 (F)		452,000		385,330
				13,272,540
Independent Power and Renewable Electricity Producers - 2.5%
Calpine Corp.
5.38%, 01/15/2023		370,000		345,025
5.75%, 01/15/2025		1,778,000		1,662,430
NRG Energy, Inc.
7.88%, 05/15/2021		14,042,000		14,235,078
8.25%, 09/01/2020		3,820,000		3,923,140
				20,165,673
Insurance - 1.6%
Genworth Holdings, Inc.
4.90%, 08/15/2023		577,000		450,060
7.20%, 02/15/2021		1,023,000		1,023,000
7.63%, 09/24/2021		4,494,000		4,381,650
Lincoln National Corp.
7.00%, 05/17/2066 (G)		8,111,000		6,837,573
				12,692,283
IT Services - 0.5%
SunGard Data Systems, Inc.
6.63%, 11/01/2019		3,729,000		3,850,193
7.38%, 11/15/2018		545,000		555,900
				4,406,093
Machinery - 0.6%
CNH Industrial Capital LLC
3.88%, 07/16/2018 (F)		1,110,000		1,087,800

	Principal		Value
CORPORATE DEBT SECURITIES (continued)
Machinery (continued)
Meritor, Inc.
6.25%, 02/15/2024		$  1,852,000		$  1,764,030
6.75%, 06/15/2021		725,000		728,625
Wise Metals Group LLC / Wise Alloys Finance Corp.
8.75%, 12/15/2018 (F)		1,200,000		1,152,000
				4,732,455
Media - 8.9%
Adelphia Communications Corp.
9.25%, 10/01/2049 (B) (E)		1,305,000		6,525
10.25%, 06/15/2049 - 11/01/2049 (B) (E)		1,460,000		7,300
Cablevision Systems Corp.
5.88%, 09/15/2022		4,407,000		3,338,302
7.75%, 04/15/2018		5,405,000		5,405,000
8.00%, 04/15/2020		3,129,000		2,784,810
CCO Holdings LLC / CCO Holdings Capital Corp.
5.25%, 09/30/2022		2,885,000		2,704,687
5.75%, 01/15/2024		60,000		57,300
6.50%, 04/30/2021		4,925,000		4,949,625
CCO Safari II LLC
4.91%, 07/23/2025 (F)		2,777,000		2,763,679
Cequel Communications Holdings I LLC / Cequel Capital Corp.
6.38%, 09/15/2020 (F)		4,654,000		4,380,577
Clear Channel Worldwide Holdings, Inc.
6.50%, 11/15/2022		4,608,000		4,600,797
7.63%, 03/15/2020		9,015,000		9,035,613
CSC Holdings LLC
6.75%, 11/15/2021		185,000		165,575
DISH DBS Corp.
5.88%, 07/15/2022 - 11/15/2024		3,874,000		3,360,660
6.75%, 06/01/2021		3,215,000		3,096,431
7.88%, 09/01/2019		5,148,000		5,396,803
iHeartCommunications, Inc.
9.00%, 03/01/2021		250,000		210,063
10.63%, 03/15/2023		1,748,000		1,485,800
Numericable-SFR SAS
4.88%, 05/15/2019 (F)		2,550,000		2,467,125
Regal Entertainment Group
5.75%, 06/15/2023 - 02/01/2025		3,095,000		2,931,675
Unitymedia GmbH
6.13%, 01/15/2025 (F)		2,106,000		2,079,675
Univision Communications, Inc.
5.13%, 02/15/2025 (F)		898,000		841,875
6.75%, 09/15/2022 (F)		9,061,000		9,378,135
				71,448,032
Metals & Mining - 1.4%
ArcelorMittal
7.00%, 02/25/2022		1,416,000		1,288,560
7.75%, 10/15/2039		3,333,000		2,716,395
Constellium NV
5.75%, 05/15/2024 (F)		2,699,000		2,051,240
8.00%, 01/15/2023 (F)		1,718,000		1,520,430
FMG Resources Pty, Ltd.
9.75%, 03/01/2022 (F)		856,000		797,150
Novelis, Inc.
8.38%, 12/15/2017		1,645,000		1,595,650
Teck Resources, Ltd.
3.75%, 02/01/2023		691,000		421,510
6.00%, 08/15/2040		635,000		349,250
6.25%, 07/15/2041		1,255,000		696,525
				11,436,710

The notes are an integral part of this report. Transamerica Partners Portfolios Page    4 September 30, 2015 Form N-Q

Transamerica Partners High Yield Bond Portfolio

SCHEDULE OF INVESTMENTS (continued)

At September 30, 2015

(unaudited)

	Principal		Value
CORPORATE DEBT SECURITIES (continued)
Multiline Retail - 0.2%
Dollar Tree, Inc.
5.25%, 03/01/2020 (F)		$  207,000		$  212,258
5.75%, 03/01/2023 (F)		1,117,000		1,158,887
				1,371,145
Oil, Gas & Consumable Fuels - 6.7%
Antero Resources Corp.
5.38%, 11/01/2021		861,000		757,680
Berry Petroleum Co. LLC
6.38%, 09/15/2022		1,625,000		486,493
BreitBurn Energy Partners, LP / BreitBurn Finance Corp.
7.88%, 04/15/2022		3,505,000		1,253,038
California Resources Corp.
5.00%, 01/15/2020		1,812,000		1,165,333
5.50%, 09/15/2021		1,605,000		979,050
6.00%, 11/15/2024		2,852,000		1,698,723
Carrizo Oil & Gas, Inc.
7.50%, 09/15/2020		1,694,000		1,583,890
Chesapeake Energy Corp.
4.88%, 04/15/2022		692,000		451,530
6.13%, 02/15/2021		2,472,000		1,722,675
6.63%, 08/15/2020		3,041,000		2,259,828
CITGO Holding, Inc.
10.75%, 02/15/2020 (F)		3,831,000		3,744,802
CITGO Petroleum Corp.
6.25%, 08/15/2022 (F)		1,988,000		1,898,540
Concho Resources, Inc.
5.50%, 04/01/2023		2,076,000		1,977,390
Denbury Resources, Inc.
5.50%, 05/01/2022		1,087,000		646,765
Energy XXI Gulf Coast, Inc.
11.00%, 03/15/2020 (F)		1,001,000		470,470
EP Energy LLC / Everest Acquisition Finance, Inc.
9.38%, 05/01/2020		3,315,000		2,850,900
Halcon Resources Corp.
8.63%, 02/01/2020 (F)		1,581,000		1,314,206
Kinder Morgan, Inc.
7.25%, 06/01/2018		1,149,000		1,270,201
Series MTN
8.05%, 10/15/2030		2,000,000		2,202,664
Linn Energy LLC / Linn Energy Finance Corp.
7.75%, 02/01/2021		4,085,000		939,550
8.63%, 04/15/2020		3,225,000		870,750
Noble Energy, Inc.
5.63%, 05/01/2021		460,000		462,760
Oasis Petroleum, Inc.
6.50%, 11/01/2021		365,000		288,350
6.88%, 03/15/2022		677,000		536,387
7.25%, 02/01/2019		936,000		826,020
ONEOK, Inc.
7.50%, 09/01/2023		2,181,000		2,100,565
Peabody Energy Corp.
6.25%, 11/15/2021		420,000		86,100
6.50%, 09/15/2020		1,000,000		207,500
10.00%, 03/15/2022 (F)		1,414,000		532,018
SM Energy Co.
6.13%, 11/15/2022		3,265,000		3,023,390
6.50%, 11/15/2021 - 01/01/2023		2,285,000		2,141,850
Sunoco, LP / Sunoco Finance Corp.
5.50%, 08/01/2020 (F)		3,950,000		3,890,750
6.38%, 04/01/2023 (F)		2,760,000		2,691,000

	Principal		Value
CORPORATE DEBT SECURITIES (continued)
Oil, Gas & Consumable Fuels (continued)
Ultra Petroleum Corp.
6.13%, 10/01/2024 (F)		$  1,060,000		$  604,200
Whiting Canadian Holding Co. ULC
8.13%, 12/01/2019		2,115,000		2,040,975
Whiting Petroleum Corp.
5.75%, 03/15/2021		2,635,000		2,280,592
WPX Energy, Inc.
8.25%, 08/01/2023		2,300,000		2,087,250
				54,344,185
Paper & Forest Products - 0.3%
Boise Cascade Co.
6.38%, 11/01/2020		2,410,000		2,483,047
Personal Products - 0.5%
Revlon Consumer Products Corp.
5.75%, 02/15/2021		4,540,000		4,403,800
Pharmaceuticals - 2.0%
Endo, Ltd. / Endo Finance LLC
6.00%, 07/15/2023 (F)		1,855,000		1,831,812
Valeant Pharmaceuticals International, Inc.
5.88%, 05/15/2023 (F)		1,620,000		1,548,112
6.13%, 04/15/2025 (F)		1,377,000		1,311,593
6.38%, 10/15/2020 (F)		5,913,000		5,879,739
6.75%, 08/15/2018 (F)		785,000		798,738
7.50%, 07/15/2021 (F)		4,790,000		4,933,700
				16,303,694
Professional Services - 0.3%
Ceridian HCM Holding, Inc.
11.00%, 03/15/2021 (F)		2,959,000		2,707,485
Real Estate Investment Trusts - 0.4%
Communications Sales & Leasing, Inc. / CSL Capital LLC
8.25%, 10/15/2023		1,065,000		910,575
Iron Mountain, Inc.
6.00%, 10/01/2020 (F)		2,077,000		2,097,147
				3,007,722
Road & Rail - 0.4%
Aviation Capital Group Corp.
6.75%, 04/06/2021 (F)		3,164,000		3,551,590
Semiconductors & Semiconductor Equipment - 0.6%
Freescale Semiconductor, Inc.
6.00%, 01/15/2022 (F)		4,230,000		4,420,350
Software - 1.9%
Ensemble S Merger Sub, Inc.
9.00%, 09/30/2023 (F)		960,000		928,800
First Data Corp.
6.75%, 11/01/2020 (F)		5,798,000		6,058,910
8.25%, 01/15/2021 (F)		3,000,000		3,112,500
11.75%, 08/15/2021		2,022,000		2,244,420
Infor US, Inc.
5.75%, 08/15/2020 (F)		485,000		482,575
6.50%, 05/15/2022 (F)		2,553,000		2,342,378
				15,169,583

The notes are an integral part of this report. Transamerica Partners Portfolios Page    5 September 30, 2015 Form N-Q

Transamerica Partners High Yield Bond Portfolio

SCHEDULE OF INVESTMENTS (continued)

At September 30, 2015

(unaudited)

	Principal		Value
CORPORATE DEBT SECURITIES (continued)
Specialty Retail - 0.9%
Claire’s Stores, Inc.
9.00%, 03/15/2019 (F)		$  6,584,000		$  5,250,740
Men’s Wearhouse, Inc.
7.00%, 07/01/2022		1,650,000		1,699,715
				6,950,455
Technology Hardware, Storage & Peripherals - 0.3%
Project Homestake Merger Corp.
8.88%, 03/01/2023 (F)		2,704,000		2,460,640
Textiles, Apparel & Luxury Goods - 0.8%
Levi Strauss & Co.
6.88%, 05/01/2022		6,161,000		6,607,673
Wireless Telecommunication Services - 3.1%
Sprint Communications, Inc.
6.00%, 11/15/2022		2,470,000		1,858,675
7.00%, 08/15/2020		775,000		653,418
9.00%, 11/15/2018 (F)		6,075,000		6,374,497
9.13%, 03/01/2017		995,000		1,007,746
Sprint Corp.
7.25%, 09/15/2021		1,570,000		1,285,438
7.63%, 02/15/2025		2,047,000		1,585,146
7.88%, 09/15/2023		8,612,000		6,970,337
T-Mobile USA, Inc.
6.25%, 04/01/2021		815,000		812,148
6.63%, 04/28/2021		1,360,000		1,363,400
6.73%, 04/28/2022		3,039,000		3,031,402
6.84%, 04/28/2023		455,000		450,450
				25,392,657
Total Corporate Debt Securities (Cost $832,141,190)				767,172,022
LOAN ASSIGNMENT - 0.2%
Commercial Services & Supplies - 0.2%
ADS Waste Holdings, Inc., Term Loan
3.75%, 10/09/2019		1,140,778		1,125,663
Total Loan Assignment (Cost $1,122,801)				1,125,663
	Shares		Value
COMMON STOCKS - 0.2%
Building Products - 0.2%
Panolam Holdings Co., GDR (C) (D) (E)		1,803		1,741,698
Independent Power and Renewable Electricity Producers - 0.0%
Mirant Corp. (C) (D) (E) (L)		550,000		—
Media - 0.0% (A)
New Cotai LLC / New Cotai Capital Corp., Class B (C) (D) (E)		6		185,250
Total Common Stocks (Cost $3,265,049)				1,926,948
PREFERRED STOCK - 0.6%
Banks - 0.6%
GMAC Capital Trust I Series 2, 8.13% (G)		193,625		4,943,246
Total Preferred Stock (Cost $5,109,917)				4,943,246

	Shares		Value
WARRANT - 0.0% (A)
Food Products - 0.0% (A)
American Seafoods Group LLC (E) (L)
Exercise Price $0.01
Expires 05/15/2018		1,265		$  1,265
Total Warrant (Cost $—)				1,265
	Principal		Value
REPURCHASE AGREEMENT - 0.5%
State Street Bank & Trust Co. 0.01% (M), dated 09/30/2015, to be repurchased at $4,183,287 on 10/01/2015. Collateralized by a U.S. Government Obligation, 2.63%, due 08/15/2020, and with a value of $4,272,056.		$  4,183,286		4,183,286
Total Repurchase Agreement (Cost $4,183,286)				4,183,286
Total Investments (Cost $845,829,059) (N)				779,359,426
Net Other Assets (Liabilities) - 3.5%				28,184,517
Net Assets - 100.0%				$  807,543,943

The notes are an integral part of this report. Transamerica Partners Portfolios Page    6 September 30, 2015 Form N-Q

Transamerica Partners High Yield Bond Portfolio

SCHEDULE OF INVESTMENTS (continued)

At September 30, 2015

(unaudited)

SECURITY VALUATION:

Valuation Inputs ^(O)

	Level 1 - Unadjusted Quoted Prices		Level 2 - Other Significant Observable Inputs		Level 3 - Significant Unobservable Inputs (P)			Value at September 30, 2015
ASSETS
Investments
Convertible Bonds	$	—	$	6,996	$	—	(Q)	$	6,996
Corporate Debt Securities		—		767,172,022		—	(Q)		767,172,022
Loan Assignment		—		1,125,663		—			1,125,663
Common Stocks		—		—		1,926,948			1,926,948
Preferred Stock		4,943,246		—		—			4,943,246
Warrant		1,265		—		—			1,265
Repurchase Agreement		—		4,183,286		—			4,183,286
Total Investments	$	4,944,511	$	772,487,967	$	1,926,948		$	779,359,426
Transfers
Investments	Transfers from Level 1 to Level 2		Transfers from Level 2 to Level 1		Transfers from Level 2 to Level 3			Transfers from Level 3 to Level 2 (R)
Convertible Bonds	$	—	$	—	$	—		$	6,996

FOOTNOTES TO SCHEDULE OF INVESTMENTS:

^(A)  Percentage rounds to less than 0.1% or (0.1)%.

^(B) Escrow position. Position represents remaining escrow balance expected to be received upon finalization of restructuring.

^(C) Security is Level 3 of the fair value hierarchy.

^(D) Fair valued as determined in good faith in accordance with procedures established by the Board. Total aggregate fair value of securities is $1,926,948, representing 0.2% of the Portfolio’s net assets.

^(E) Illiquid security. Total aggregate value of illiquid securities is $1,942,038, representing 0.2% of the Portfolio’s net assets.

^(F) Security is registered pursuant to Rule 144A of the Securities Act of 1933. The security is deemed to be liquid for purposes of compliance limitations on holdings of illiquid securities and may be resold as transactions exempt from registration, normally to qualified institutional buyers. At September 30, 2015, the total aggregate value of 144A securities is $289,049,079, representing 35.8% of the Portfolio’s net assets.

^(G)  Floating or variable rate security. The rate disclosed is as of September 30, 2015.

^(H) Perpetual maturity. The date displayed is the next call date.

^(I) Security on a when-issued, delayed-delivery, or forward commitment basis. Security to be settled and delivered after September 30, 2015.

^(J) Payment in-kind. Security pays interest or dividends in the form of additional bonds or preferred stock. If a security makes a cash payment in addition to in-kind, the cash rate is disclosed separately.

^(K) Security in default.

^(L) Non-income producing security.

^(M) Rate disclosed reflects the yield at September 30, 2015.

^(N) Aggregate cost for federal income tax purposes is $845,829,059. Aggregate gross unrealized appreciation and depreciation for all securities is $4,486,648 and $70,956,281, respectively. Net unrealized depreciation for tax purposes is $66,469,633.

^(O) The Portfolio recognizes transfers between Levels at the end of the reporting period. See the Security Valuation section of the Notes to Schedules of Investments for more information regarding security valuation and pricing inputs.

^(P) Level 3 securities were not considered significant to the Portfolio.

^(Q)  Security deemed worthless.

^(R) Transferred from Level 3 to 2 due to utilizing significant observable inputs, as of prior reporting period the security utilized significant unobservable inputs.

PORTFOLIO ABBREVIATIONS:

GDR	Global Depositary Receipt
MTN	Medium Term Note

The notes are an integral part of this report. Transamerica Partners Portfolios Page    7 September 30, 2015 Form N-Q

Transamerica Partners Balanced Portfolio

SCHEDULE OF INVESTMENTS

At September 30, 2015

(unaudited)

	Shares		Value
COMMON STOCKS - 58.7%
Aerospace & Defense - 1.7%
Honeywell International, Inc.		11,119		$  1,052,858
L-3 Communications Holdings, Inc.		2,910		304,153
Northrop Grumman Corp.		560		92,932
United Technologies Corp.		13,054		1,161,676
				2,611,619
Air Freight & Logistics - 0.0% (A)
FedEx Corp.		320		46,074
Airlines - 0.4%
Delta Air Lines, Inc.		5,200		233,324
United Continental Holdings, Inc. (B)		7,750		411,137
				644,461
Automobiles - 0.3%
Ford Motor Co.		30,240		410,357
General Motors Co.		1,824		54,756
				465,113
Banks - 1.5%
BB&T Corp.		1,820		64,792
Fifth Third Bancorp		6,990		132,181
SVB Financial Group (B)		830		95,898
Wells Fargo & Co.		39,498		2,028,222
				2,321,093
Beverages - 1.9%
Coca-Cola Co.		14,730		590,967
Coca-Cola Enterprises, Inc.		1,080		52,218
Constellation Brands, Inc., Class A		3,589		449,379
Dr. Pepper Snapple Group, Inc.		2,159		170,669
Molson Coors Brewing Co., Class B		5,590		464,082
PepsiCo, Inc.		12,046		1,135,938
				2,863,253
Biotechnology - 2.0%
Alexion Pharmaceuticals, Inc. (B)		2,256		352,816
Biogen, Inc. (B)		2,504		730,692
BioMarin Pharmaceutical, Inc. (B)		1,070		112,693
Celgene Corp. (B)		8,361		904,409
Gilead Sciences, Inc.		7,126		699,702
Vertex Pharmaceuticals, Inc. (B)		2,558		266,390
				3,066,702
Building Products - 0.2%
Fortune Brands Home & Security, Inc. (C)		1,150		54,591
Masco Corp.		8,047		202,623
				257,214
Capital Markets - 1.9%
Ameriprise Financial, Inc.		800		87,304
Bank of New York Mellon Corp.		2,300		90,045
BlackRock, Inc., Class A		1,130		336,141
Charles Schwab Corp.		12,320		351,859
Goldman Sachs Group, Inc.		2,379		413,375
Invesco, Ltd.		14,053		438,875
Morgan Stanley		25,666		808,479

	Shares		Value
COMMON STOCKS (continued)
Capital Markets (continued)
State Street Corp. (C)		3,668		$  246,527
TD Ameritrade Holding Corp. (C)		3,970		126,405
				2,899,010
Chemicals - 0.9%
Axiall Corp. (C)		2,880		45,187
Dow Chemical Co.		10,821		458,810
E.I. du Pont de Nemours & Co.		8,560		412,592
Eastman Chemical Co.		1,930		124,910
Mosaic Co.		12,180		378,920
Sherwin-Williams Co.		80		17,822
				1,438,241
Communications Equipment - 0.5%
Cisco Systems, Inc.		22,868		600,285
QUALCOMM, Inc.		1,907		102,463
				702,748
Construction & Engineering - 0.2%
Fluor Corp. (C)		8,530		361,245
Construction Materials - 0.1%
Martin Marietta Materials, Inc. (C)		790		120,040
Consumer Finance - 0.2%
Capital One Financial Corp.		2,459		178,327
Discover Financial Services		2,400		124,776
Synchrony Financial (B) (C)		10		313
				303,416
Containers & Packaging - 0.3%
Crown Holdings, Inc. (B)		6,281		287,356
WestRock Co.		2,900		149,176
				436,532
Diversified Financial Services - 2.9%
Bank of America Corp.		86,379		1,345,785
Berkshire Hathaway, Inc., Class B (B)		8,641		1,126,787
Citigroup, Inc.		30,961		1,535,975
Intercontinental Exchange, Inc.		2,087		490,424
				4,498,971
Diversified Telecommunication Services - 0.8%
AT&T, Inc.		24,266		790,586
Verizon Communications, Inc.		11,521		501,279
				1,291,865
Electric Utilities - 1.4%
Edison International		8,177		515,723
Exelon Corp.		13,170		391,149
NextEra Energy, Inc.		5,603		546,573
PPL Corp.		5,677		186,717
Xcel Energy, Inc. (C)		15,040		532,566
				2,172,728
Electrical Equipment - 0.4%
Eaton Corp. PLC		12,491		640,788
Electronic Equipment, Instruments & Components - 0.6%
Amphenol Corp., Class A		890		45,354
Corning, Inc.		6,629		113,489
TE Connectivity, Ltd.		11,925		714,188
				873,031

The notes are an integral part of this report. Transamerica Partners Portfolios Page    1 September 30, 2015 Form N-Q

Transamerica Partners Balanced Portfolio

SCHEDULE OF INVESTMENTS (continued)

At September 30, 2015

(unaudited)

	Shares		Value
COMMON STOCKS (continued)
Energy Equipment & Services - 0.5%
Baker Hughes, Inc.		3,820		$  198,793
Halliburton Co.		8,628		305,000
National Oilwell Varco, Inc. (C)		2,090		78,688
Schlumberger, Ltd.		3,479		239,947
				822,428
Food & Staples Retailing - 0.6%
Costco Wholesale Corp.		4,093		591,725
CVS Health Corp.		807		77,859
Kroger Co.		3,770		135,984
Wal-Mart Stores, Inc.		1,846		119,695
				925,263
Food Products - 0.9%
Archer-Daniels-Midland Co.		4,585		190,048
Hershey Co.		3,680		338,119
Keurig Green Mountain, Inc. (C)		600		31,284
Mondelez International, Inc., Class A		19,329		809,305
				1,368,756
Gas Utilities - 0.1%
AGL Resources, Inc.		540		32,962
Questar Corp. (C)		2,376		46,118
				79,080
Health Care Equipment & Supplies - 1.0%
Abbott Laboratories		15,816		636,120
Boston Scientific Corp. (B)		35,400		580,914
Stryker Corp.		2,790		262,539
				1,479,573
Health Care Providers & Services - 2.3%
Aetna, Inc.		4,840		529,545
Cigna Corp.		1,350		182,277
Express Scripts Holding Co. (B) (C)		4,590		371,606
HCA Holdings, Inc. (B)		690		53,378
Humana, Inc., Class A		2,850		510,150
McKesson Corp.		4,880		902,947
UnitedHealth Group, Inc.		7,723		895,945
				3,445,848
Hotels, Restaurants & Leisure - 0.8%
Carnival Corp.		470		23,359
Chipotle Mexican Grill, Inc., Class A (B) (C)		200		144,050
Dunkin’ Brands Group, Inc. (C)		980		48,020
Royal Caribbean Cruises, Ltd., Class A		4,830		430,305
Starbucks Corp.		9,866		560,783
				1,206,517
Household Durables - 0.5%
D.R. Horton, Inc.		4,310		126,542
Harman International Industries, Inc. (C)		3,190		306,208
PulteGroup, Inc. (C)		11,122		209,872
Toll Brothers, Inc. (B) (C)		1,250		42,800
				685,422
Household Products - 1.0%
Kimberly-Clark Corp.		3,794		413,698
Procter & Gamble Co.		16,209		1,166,075
				1,579,773
Industrial Conglomerates - 0.4%
General Electric Co.		22,689		572,217

	Shares		Value
COMMON STOCKS (continued)
Insurance - 1.6%
ACE, Ltd. (C)		7,686		$  794,732
American International Group, Inc.		8,430		478,992
Lincoln National Corp.		1,280		60,749
MetLife, Inc.		16,931		798,297
Prudential Financial, Inc.		1,382		105,322
XL Group PLC, Class A		6,130		222,642
				2,460,734
Internet & Catalog Retail - 0.7%
Amazon.com, Inc. (B)		2,162		1,106,706
Internet Software & Services - 2.5%
Alphabet, Inc., Class A (B)		1,739		1,110,125
Alphabet, Inc., Class C		1,793		1,090,897
Facebook, Inc., Class A (B)		17,470		1,570,553
				3,771,575
IT Services - 2.2%
Accenture PLC, Class A		12,050		1,184,033
Alliance Data Systems Corp. (B) (C)		475		123,015
Automatic Data Processing, Inc.		610		49,020
Cognizant Technology Solutions Corp., Class A (B)		11,018		689,837
Fidelity National Information Services, Inc.		5,010		336,071
PayPal Holdings, Inc. (B)		2,780		86,291
Visa, Inc., Class A (C)		13,748		957,686
				3,425,953
Life Sciences Tools & Services - 0.2%
Illumina, Inc. (B) (C)		460		80,877
Thermo Fisher Scientific, Inc.		2,430		297,141
				378,018
Machinery - 1.2%
Caterpillar, Inc. (C)		610		39,870
Cummins, Inc. (C)		5,570		604,791
Ingersoll-Rand PLC		1,260		63,970
PACCAR, Inc. (C)		10,549		550,341
Parker-Hannifin Corp.		4,830		469,959
SPX Corp. (C)		1,775		21,158
SPX FLOW, Inc. (B)		1,775		61,113
				1,811,202
Media - 2.8%
CBS Corp., Class B		7,010		279,699
Charter Communications, Inc., Class A (B) (C)		2,210		388,628
Comcast Corp., Class A (C)		20,731		1,179,179
DISH Network Corp., Class A (B)		3,905		227,818
Time Warner Cable, Inc.		1,195		214,347
Time Warner, Inc.		15,005		1,031,594
Twenty-First Century Fox, Inc., Class A		30,088		811,774
Viacom, Inc., Class B		1,890		81,554
				4,214,593
Metals & Mining - 0.1%
Alcoa, Inc.		9,460		91,383
U.S. Steel Corp. (C)		2,930		30,531
				121,914
Multi-Utilities - 0.5%
CenterPoint Energy, Inc.		8,550		154,242
CMS Energy Corp. (C)		5,377		189,916

The notes are an integral part of this report. Transamerica Partners Portfolios Page    2 September 30, 2015 Form N-Q

Transamerica Partners Balanced Portfolio

SCHEDULE OF INVESTMENTS (continued)

At September 30, 2015

(unaudited)

	Shares		Value
COMMON STOCKS (continued)
Multi-Utilities (continued)
PG&E Corp.		3,360		$  177,408
Public Service Enterprise Group, Inc.		6,510		274,461
				796,027
Multiline Retail - 0.6%
Dollar General Corp. (C)		5,180		375,239
Target Corp.		6,070		477,466
				852,705
Oil, Gas & Consumable Fuels - 3.3%
Anadarko Petroleum Corp., Class A		5,086		307,143
Cabot Oil & Gas Corp.		7,620		166,573
Cheniere Energy, Inc. (B)		370		17,871
Chevron Corp.		12,861		1,014,476
Columbia Pipeline Group, Inc.		11,148		203,897
Concho Resources, Inc. (B)		450		44,235
EOG Resources, Inc.		3,802		276,786
EQT Corp.		2,720		176,174
Exxon Mobil Corp.		19,433		1,444,844
Marathon Petroleum Corp.		3,910		181,150
Occidental Petroleum Corp.		9,581		633,783
Phillips 66		2,900		222,836
Valero Energy Corp.		6,240		375,024
				5,064,792
Personal Products - 0.1%
Estee Lauder Cos., Inc., Class A		2,200		177,496
Pharmaceuticals - 3.7%
Allergan PLC (B)		3,274		889,906
Bristol-Myers Squibb Co.		17,726		1,049,379
Eli Lilly & Co.		11,040		923,938
Johnson & Johnson		9,131		852,379
Merck & Co., Inc.		5,570		275,102
Mylan NV (B) (C)		2,040		82,130
Perrigo Co. PLC (C)		539		84,768
Pfizer, Inc.		40,604		1,275,372
Valeant Pharmaceuticals International, Inc. (B)		1,270		226,543
				5,659,517
Professional Services - 0.1%
Equifax, Inc.		1,560		151,601
Real Estate Investment Trusts - 1.5%
American Tower Corp., Class A		2,880		253,382
AvalonBay Communities, Inc.		2,188		382,506
Boston Properties, Inc.		2,077		245,917
Brixmor Property Group, Inc. (C)		6,750		158,490
DiamondRock Hospitality Co. (C)		7,090		78,345
Equinix, Inc. (C)		310		84,754
Highwoods Properties, Inc.		2,271		88,001
LaSalle Hotel Properties (C)		3,960		112,424
Liberty Property Trust, Series C		3,750		118,163
Prologis, Inc., Class A		7,443		289,533
Public Storage		300		63,489
Simon Property Group, Inc.		2,407		442,214
				2,317,218
Road & Rail - 1.1%
Canadian Pacific Railway, Ltd.		2,091		300,205
CSX Corp.		14,539		391,099
Union Pacific Corp.		10,885		962,343
				1,653,647

	Shares		Value
COMMON STOCKS (continued)
Semiconductors & Semiconductor Equipment - 1.8%
Applied Materials, Inc., Class A		16,670		$  244,882
Avago Technologies, Ltd., Class A (C)		6,480		810,065
Broadcom Corp., Class A		3,150		162,005
Freescale Semiconductor, Ltd. (B) (C)		2,790		102,058
KLA-Tencor Corp. (C)		827		41,350
LAM Research Corp.		9,447		617,173
Microchip Technology, Inc. (C)		1,170		50,415
NXP Semiconductors NV (B)		460		40,052
Texas Instruments, Inc.		14,060		696,251
				2,764,251
Software - 2.3%
Adobe Systems, Inc. (B)		9,908		814,636
Intuit, Inc. (C)		960		85,200
Microsoft Corp.		53,741		2,378,577
Oracle Corp.		7,180		259,341
				3,537,754
Specialty Retail - 2.2%
AutoNation, Inc. (B)		1,530		89,016
AutoZone, Inc. (B) (C)		123		89,031
Best Buy Co., Inc. (C)		4,550		168,896
Home Depot, Inc.		11,376		1,313,814
Lowe’s Cos., Inc.		12,724		876,938
Ross Stores, Inc.		920		44,592
Tiffany & Co. (C)		1,500		115,830
TJX Cos., Inc.		8,800		628,496
				3,326,613
Technology Hardware, Storage & Peripherals - 2.6%
Apple, Inc.		32,138		3,544,822
Hewlett-Packard Co.		15,153		388,068
				3,932,890
Textiles, Apparel & Luxury Goods - 0.5%
lululemon athletica, Inc. (B) (C)		1,487		75,317
PVH Corp.		20		2,039
Ralph Lauren Corp., Class A		1,620		191,419
VF Corp.		6,858		467,784
				736,559
Tobacco - 0.6%
Philip Morris International, Inc.		11,617		921,577
Water Utilities - 0.1%
American Water Works Co., Inc.		3,400		187,272
Wireless Telecommunication Services - 0.1%
T-Mobile US, Inc. (B) (C)		2,050		81,610
Total Common Stocks (Cost $82,670,574)				89,631,245
PREFERRED STOCKS - 0.2%
Capital Markets - 0.0% (A)
State Street Corp.
Series D, 5.90% (D)		1,536		39,875
Diversified Financial Services - 0.1%
Citigroup Capital XIII
7.88% (D)		3,392		87,140
Electric Utilities - 0.0% (A)
SCE Trust III
5.75% (D)		320		8,621

The notes are an integral part of this report. Transamerica Partners Portfolios Page    3 September 30, 2015 Form N-Q

Transamerica Partners Balanced Portfolio

SCHEDULE OF INVESTMENTS (continued)

At September 30, 2015

(unaudited)

	Shares		Value
PREFERRED STOCKS (continued)
Thrifts & Mortgage Finance - 0.1%
Federal Home Loan Mortgage Corp.
Series Z, 8.38% (B) (D)		14,925		$  73,132
Federal National Mortgage Association
Series O, 0.00% (B) (D)		600		5,310
Series S, 8.25% (B) (D)		10,800		52,380
				130,822
Total Preferred Stocks (Cost $814,042)				266,458
	Principal		Value
ASSET-BACKED SECURITIES - 3.0%
American Tower Trust I
Series 2013-1A, Class 1A
1.55%, 03/15/2043 (E)		$  200,000		198,448
BlueMountain CLO, Ltd.
Series 2015-2A, Class A1
1.71%, 07/18/2027 (D) (E)		235,000		233,256
BXG Receivables Note Trust
Series 2015-A, Class A
2.88%, 05/02/2030 (E)		143,012		143,547
Chrysler Capital Auto Receivables Trust
Series 2013-BA, Class B
1.78%, 06/17/2019 (E)		20,000		20,107
Series 2013-BA, Class C
2.24%, 09/16/2019 (E)		20,000		20,130
Series 2014-AA, Class B
1.76%, 08/15/2019 (E)		20,000		20,043
Series 2014-AA, Class C
2.28%, 11/15/2019 (E)		25,000		25,154
Ford Credit Auto Owner Trust
Series 2013-B, Class D
1.82%, 11/15/2019		40,000		40,285
HLSS Servicer Advance Receivables Trust
Series 2012-T2, Class A2
1.99%, 10/15/2045 (E)		100,000		100,010
Series 2013-T1, Class A2
1.50%, 01/16/2046 (E)		210,000		209,790
HSBC Home Equity Loan Trust
Series 2006-3, Class M1
0.48%, 03/20/2036 (D)		235,000		230,139
ICG US CLO, Ltd.
Series 2014-1A, Class A1
1.44%, 04/20/2026 (D) (E)		235,000		230,322
JGWPT XXVI LLC
Series 2012-2A, Class A
3.84%, 10/15/2059 (E)		211,611		219,694
MVW Owner Trust
Series 2014-1A, Class A
2.25%, 09/22/2031 (E)		118,787		118,789
OCP CLO, Ltd.
Series 2015-8A, Class A1
1.80%, 04/17/2027 (D) (E)		220,000		217,367
Palmer Square CLO, Ltd.
Series 2015-2A, Class A1A
1.79%, 07/20/2027 (D) (E)		250,000		248,287
Santander Drive Auto Receivables Trust
Series 2013-A, Class C
3.12%, 10/15/2019 (E)		30,000		30,497
SBA Tower Trust
Series 2014-1A, Class C
2.90%, 10/15/2044 (D) (E)		380,000		381,212
Sierra Timeshare Receivables Funding LLC
Series 2013-3A, Class B

	Principal		Value
ASSET-BACKED SECURITIES (continued)
Sierra Timeshare Receivables Funding LLC (continued)
2.70%, 10/20/2030 (E)		$  46,327		$  46,616
Series 2014-1A, Class A
2.07%, 03/20/2030 (E)		113,084		113,750
Series 2014-2A, Class A
2.05%, 06/20/2031 (E)		101,669		102,455
Series 2014-3A, Class A
2.30%, 10/20/2031 (E)		143,002		143,901
Series 2015-1A, Class A
2.40%, 03/22/2032 (E)		85,002		85,436
Series 2015-1A, Class B
3.05%, 03/22/2032 (E)		88,697		89,294
Silverleaf Finance XVIII LLC
Series 2014-A, Class A
2.81%, 01/15/2027 (E)		110,630		111,054
SLM Private Education Loan Trust
Series 2011-A, Class A3
2.71%, 01/15/2043 (D) (E)		200,000		211,418
Series 2011-C, Class A2A
3.46%, 10/17/2044 (D) (E)		100,000		106,087
Series 2012-E, Class A2B
1.96%, 06/15/2045 (D) (E)		145,000		147,958
Series 2013-A, Class A2B
1.26%, 05/17/2027 (D) (E)		150,000		149,490
SolarCity LMC Series III LLC
Series 2014-2, Class A
4.02%, 07/20/2044 (E)		149,005		146,837
SpringCastle America Funding LLC
Series 2014-AA, Class A
2.70%, 05/25/2023 (E)		83,623		83,737
Trafigura Securitisation Finance PLC
Series 2014-1A, Class A
1.16%, 10/15/2021 (D) (E)		290,000		290,092
Total Asset-Backed Securities (Cost $4,525,769)				4,515,202
CORPORATE DEBT SECURITIES - 15.8%
Aerospace & Defense - 0.1%
Exelis, Inc.
5.55%, 10/01/2021		145,000		161,053
Air Freight & Logistics - 0.1%
FedEx Corp.
4.90%, 01/15/2034		69,000		71,861
5.10%, 01/15/2044		49,000		51,330
				123,191
Airlines - 0.3%
American Airlines Pass-Through Trust
3.70%, 04/01/2028		174,724		173,632
United Airlines Pass-Through Trust
3.75%, 03/03/2028		300,000		300,750
				474,382
Auto Components - 0.1%
BorgWarner, Inc.
3.38%, 03/15/2025		105,000		102,812
Automobiles - 0.0% (A)
General Motors Co.
4.88%, 10/02/2023		30,000		30,426
6.25%, 10/02/2043		20,000		21,273
				51,699

The notes are an integral part of this report. Transamerica Partners Portfolios Page    4 September 30, 2015 Form N-Q

Transamerica Partners Balanced Portfolio

SCHEDULE OF INVESTMENTS (continued)

At September 30, 2015

(unaudited)

	Principal		Value
CORPORATE DEBT SECURITIES (continued)
Banks - 2.1%
Barclays Bank PLC
10.18%, 06/12/2021 (E)		$  470,000		$  615,739
Branch Banking & Trust Co.
3.80%, 10/30/2026		110,000		111,602
Cooperatieve Centrale Raiffeisen-Boerenleenbank BA
11.00%, 06/30/2019 (D) (E) (F)		480,000		590,160
Deutsche Bank AG
1.64%, 08/20/2020 (D)		70,000		70,361
6.00%, 09/01/2017		115,000		123,937
Glitnir HF
6.33%, 07/28/2011 (E) (G) (H)		160,000		49,200
HSBC Bank Brasil SA - Banco Multiplo Series MTN
4.00%, 05/11/2016 (E)		200,000		197,000
Intesa Sanpaolo SpA
5.02%, 06/26/2024 (E)		200,000		197,360
Korea Development Bank
3.50%, 08/22/2017		200,000		206,898
Macquarie Bank, Ltd.
1.65%, 03/24/2017 (E)		85,000		85,250
Nordea Bank AB
4.25%, 09/21/2022 (E)		470,000		481,116
Royal Bank of Scotland Group PLC
1.88%, 03/31/2017		100,000		99,754
6.00%, 12/19/2023		65,000		69,203
Wells Fargo & Co.
2.15%, 01/15/2019		35,000		35,276
4.13%, 08/15/2023		92,000		95,631
5.38%, 11/02/2043		67,000		73,789
5.90%, 06/15/2024 (C) (D) (F)		43,000		43,000
				3,145,276
Beverages - 0.1%
Anheuser-Busch InBev Finance, Inc.
2.15%, 02/01/2019 (C)		45,000		45,123
3.70%, 02/01/2024		65,000		65,896
				111,019
Biotechnology - 0.4%
AbbVie, Inc.
4.40%, 11/06/2042		28,000		25,586
4.70%, 05/14/2045		250,000		242,559
Amgen, Inc.
5.65%, 06/15/2042		27,000		30,226
Celgene Corp.
2.88%, 08/15/2020		220,000		221,996
Gilead Sciences, Inc.
3.65%, 03/01/2026		105,000		105,489
				625,856
Capital Markets - 1.3%
Ameriprise Financial, Inc.
3.70%, 10/15/2024		205,000		208,798
Bank of New York Mellon Corp. Series MTN
2.10%, 01/15/2019		50,000		50,447
Goldman Sachs Group, Inc.
3.63%, 02/07/2016 - 01/22/2023		101,000		102,171
5.75%, 01/24/2022		109,000		125,098
6.13%, 02/15/2033		40,000		47,839
6.25%, 02/01/2041		20,000		24,117
6.75%, 10/01/2037		20,000		23,858
Series MTN
1.93%, 11/29/2023 (D)		50,000		50,295
7.50%, 02/15/2019		195,000		227,916

	Principal		Value
CORPORATE DEBT SECURITIES (continued)
Capital Markets (continued)
Macquarie Group, Ltd.
6.25%, 01/14/2021 (E)		$  300,000		$  341,103
Morgan Stanley
5.00%, 11/24/2025		66,000		70,173
Series MTN
7.30%, 05/13/2019		380,000		443,700
State Street Capital Trust IV
1.34%, 06/01/2077 (D)		11,000		8,855
UBS AG
7.63%, 08/17/2022		250,000		287,622
				2,011,992
Chemicals - 0.1%
LyondellBasell Industries NV
5.00%, 04/15/2019		60,000		64,692
Monsanto Co.
4.40%, 07/15/2044		110,000		95,298
				159,990
Commercial Services & Supplies - 0.2%
ERAC USA Finance LLC
3.85%, 11/15/2024 (E)		175,000		177,664
Hutchison Whampoa International 14, Ltd.
1.63%, 10/31/2017 (E)		200,000		199,228
				376,892
Communications Equipment - 0.0% (A)
Cisco Systems, Inc.
2.13%, 03/01/2019		50,000		50,627
Construction Materials - 0.1%
Martin Marietta Materials, Inc.
4.25%, 07/02/2024		200,000		200,829
Consumer Finance - 0.1%
Discover Financial Services
3.85%, 11/21/2022		183,000		181,250
Diversified Financial Services - 1.5%
Bank of America Corp.
2.60%, 01/15/2019		60,000		60,610
2.65%, 04/01/2019		205,000		207,314
4.10%, 07/24/2023		51,000		52,989
5.42%, 03/15/2017		100,000		105,046
5.75%, 12/01/2017		75,000		81,071
Citigroup, Inc.
1.70%, 04/27/2018		203,000		201,945
4.50%, 01/14/2022		83,000		89,772
4.95%, 11/07/2043		20,000		20,748
6.68%, 09/13/2043		20,000		24,491
Credit Suisse Group Funding Guernsey, Ltd.
2.75%, 03/26/2020 (E)		70,000		69,804
General Electric Capital Corp.
7.13%, 06/15/2022 (D) (F)		350,000		404,250
Series MTN
6.88%, 01/10/2039		20,000		28,002
JPMorgan Chase & Co.
3.20%, 01/25/2023		195,000		193,570
3.25%, 09/23/2022		34,000		34,024
4.85%, 02/01/2044		20,000		20,916
6.75%, 02/01/2024 (D) (F)		13,000		13,536
Series MTN
1.35%, 02/15/2017		300,000		300,390
Kaupthing Bank Hf
7.13%, 05/19/2016 (E) (G) (H)		130,000		1

The notes are an integral part of this report. Transamerica Partners Portfolios Page    5 September 30, 2015 Form N-Q

Transamerica Partners Balanced Portfolio

SCHEDULE OF INVESTMENTS (continued)

At September 30, 2015

(unaudited)

	Principal		Value
CORPORATE DEBT SECURITIES (continued)
Diversified Financial Services (continued)
Kaupthing Bank Hf (continued)
Series MTN
7.63%, 02/28/2015 (E) (G) (H)		$  710,000		$  159,750
Lehman Brothers Holdings Capital Trust VII Series MTN
5.86%, 11/02/2015 (F) (G) (H)		200,000		20
Lehman Brothers Holdings E-Capital Trust I
Zero Coupon, 08/19/2065 (G) (H)		120,000		12
Lehman Brothers Holdings, Inc.
6.75%, 12/28/2017 (H) (I)		480,000		5
Oaktree Capital Management, LP
6.75%, 12/02/2019 (E)		175,000		204,257
				2,272,523
Diversified Telecommunication Services - 0.7%
AT&T, Inc.
2.45%, 06/30/2020		255,000		251,070
3.40%, 05/15/2025		130,000		124,084
4.35%, 06/15/2045		70,000		60,083
Intelsat Jackson Holdings SA
7.25%, 04/01/2019		54,000		50,625
Sprint Capital Corp.
6.88%, 11/15/2028		24,000		17,220
Verizon Communications, Inc.
2.63%, 02/21/2020		123,000		123,365
3.45%, 03/15/2021		130,000		133,117
4.50%, 09/15/2020		42,000		45,498
6.55%, 09/15/2043		157,000		185,487
				990,549
Electric Utilities - 0.7%
Appalachian Power Co.
3.40%, 06/01/2025		140,000		138,605
CenterPoint Energy Houston Electric LLC
4.50%, 04/01/2044		65,000		68,866
Cleveland Electric Illuminating Co.
5.95%, 12/15/2036		43,000		47,076
8.88%, 11/15/2018		9,000		10,752
Commonwealth Edison Co.
4.70%, 01/15/2044		42,000		44,476
Duke Energy Carolinas LLC
4.25%, 12/15/2041		58,000		59,095
Duke Energy Corp.
3.75%, 04/15/2024		11,000		11,325
Entergy Arkansas, Inc.
3.70%, 06/01/2024		61,000		62,695
Georgia Power Co.
3.00%, 04/15/2016		117,000		118,382
Jersey Central Power & Light Co.
7.35%, 02/01/2019		35,000		39,840
Niagara Mohawk Power Corp.
4.88%, 08/15/2019 (E)		65,000		71,187
Oncor Electric Delivery Co. LLC
4.10%, 06/01/2022		12,000		12,613
5.30%, 06/01/2042		25,000		27,641
Pacific Gas & Electric Co.
4.75%, 02/15/2044		17,000		17,898
PacifiCorp
3.60%, 04/01/2024		130,000		134,325
5.75%, 04/01/2037		25,000		30,242
Progress Energy, Inc.
4.88%, 12/01/2019		6,000		6,575
Public Service Electric & Gas Co.
3.00%, 05/15/2025		140,000		139,425
				1,041,018

	Principal		Value
CORPORATE DEBT SECURITIES (continued)
Energy Equipment & Services - 0.1%
Schlumberger Investment SA
3.65%, 12/01/2023		$  33,000		$  34,029
TransCanada PipeLines, Ltd.
3.75%, 10/16/2023		37,000		36,919
4.63%, 03/01/2034		35,000		33,504
Weatherford International, Ltd.
5.95%, 04/15/2042 (C)		35,000		24,332
				128,784
Food & Staples Retailing - 0.2%
CVS Health Corp.
2.80%, 07/20/2020		70,000		71,120
5.30%, 12/05/2043		14,000		15,447
Wal-Mart Stores, Inc.
4.00%, 04/11/2043		41,000		39,849
4.30%, 04/22/2044		60,000		61,336
Walgreens Boots Alliance, Inc.
3.30%, 11/18/2021		135,000		136,780
				324,532
Food Products - 0.1%
Kraft Heinz Foods Co.
2.80%, 07/02/2020 (E)		115,000		115,753
Mondelez International, Inc.
2.25%, 02/01/2019		60,000		60,376
				176,129
Health Care Equipment & Supplies - 0.3%
Becton Dickinson and Co.
2.68%, 12/15/2019		80,000		80,895
Boston Scientific Corp.
2.65%, 10/01/2018		56,000		56,683
Zimmer Biomet Holdings, Inc.
3.55%, 04/01/2025		265,000		259,494
				397,072
Health Care Providers & Services - 0.3%
Aetna, Inc.
4.75%, 03/15/2044		14,000		14,217
Anthem, Inc.
1.88%, 01/15/2018		76,000		76,030
2.30%, 07/15/2018		104,000		104,441
3.30%, 01/15/2023		25,000		24,740
3.70%, 08/15/2021		8,000		8,246
Coventry Health Care, Inc.
5.45%, 06/15/2021		66,000		74,081
Express Scripts Holding Co.
4.75%, 11/15/2021		135,000		145,758
Tenet Healthcare Corp.
6.25%, 11/01/2018		55,000		58,712
UnitedHealth Group, Inc.
3.38%, 11/15/2021		19,000		19,944
				526,169
Hotels, Restaurants & Leisure - 0.0% (A)
GLP Capital, LP / GLP Financing II, Inc.
4.38%, 11/01/2018		2,000		2,015
4.88%, 11/01/2020 (C)		5,000		5,063
				7,078

The notes are an integral part of this report. Transamerica Partners Portfolios Page    6 September 30, 2015 Form N-Q

Transamerica Partners Balanced Portfolio

SCHEDULE OF INVESTMENTS (continued)

At September 30, 2015

(unaudited)

	Principal		Value
CORPORATE DEBT SECURITIES (continued)
Household Products - 0.1%
Reynolds Group Issuer, Inc. / Reynolds Group Issuer LLC
6.88%, 02/15/2021		$  100,000		$  103,510
Insurance - 1.8%
American International Group, Inc.
4.13%, 02/15/2024		41,000		43,074
8.18%, 05/15/2068 (D)		41,000		54,223
Fidelity National Financial, Inc.
5.50%, 09/01/2022		60,000		64,190
Genworth Holdings, Inc.
7.63%, 09/24/2021		45,000		43,875
Hanover Insurance Group, Inc.
6.38%, 06/15/2021		375,000		433,318
Lincoln National Corp.
8.75%, 07/01/2019		240,000		293,144
Metropolitan Life Global Funding I
1.30%, 04/10/2017 (E)		195,000		195,456
Pacific Life Insurance Co.
9.25%, 06/15/2039 (E)		220,000		327,947
Principal Financial Group, Inc.
8.88%, 05/15/2019		105,000		128,149
Prudential Financial, Inc. Series MTN
5.38%, 06/21/2020		141,000		158,897
7.38%, 06/15/2019		80,000		94,196
Reinsurance Group of America, Inc.
6.75%, 12/15/2065 (D)		441,000		369,337
Swiss Re Capital I, LP
6.85%, 05/25/2016 (D) (E) (F)		70,000		70,962
ZFS Finance USA Trust II
6.45%, 12/15/2065 (D) (E)		500,000		505,000
				2,781,768
IT Services - 0.1%
MasterCard, Inc.
2.00%, 04/01/2019		53,000		53,578
3.38%, 04/01/2024		33,000		33,734
				87,312
Life Sciences Tools & Services - 0.2%
Thermo Fisher Scientific, Inc.
1.30%, 02/01/2017		105,000		104,944
2.40%, 02/01/2019		133,000		133,730
5.30%, 02/01/2044		6,000		6,313
				244,987
Machinery - 0.1%
Doosan Heavy Industries & Construction Co., Ltd.
2.13%, 04/27/2020 (E)		200,000		197,221
Media - 0.4%
CBS Corp.
4.63%, 05/15/2018		23,000		24,457
5.75%, 04/15/2020		20,000		22,497
Clear Channel Worldwide Holdings, Inc.
6.50%, 11/15/2022		100,000		100,375
Comcast Corp.
5.88%, 02/15/2018		116,000		127,582
DIRECTV Holdings LLC / DIRECTV Financing Co., Inc.
4.60%, 02/15/2021		67,000		71,654
5.00%, 03/01/2021		34,000		37,058

	Principal		Value
CORPORATE DEBT SECURITIES (continued)
Media (continued)
NBCUniversal Media LLC
4.38%, 04/01/2021		$  114,000		$  124,895
4.45%, 01/15/2043		47,000		46,805
5.15%, 04/30/2020		99,000		111,746
				667,069
Metals & Mining - 0.1%
BHP Billiton Finance USA, Ltd.
3.85%, 09/30/2023 (C)		44,000		44,124
Freeport-McMoRan, Inc.
3.88%, 03/15/2023		45,000		33,469
Novelis, Inc.
8.75%, 12/15/2020		110,000		105,897
Rio Tinto Finance USA PLC
2.88%, 08/21/2022 (C)		33,000		31,244
				214,734
Multi-Utilities - 0.1%
CMS Energy Corp.
3.88%, 03/01/2024		22,000		22,532
4.88%, 03/01/2044		43,000		44,652
PG&E Corp.
2.40%, 03/01/2019		26,000		26,177
				93,361
Oil, Gas & Consumable Fuels - 0.9%
Apache Corp.
4.25%, 01/15/2044		15,000		12,754
4.75%, 04/15/2043		22,000		19,852
BP Capital Markets PLC
2.24%, 05/10/2019		95,000		95,702
Energy Transfer Partners, LP
5.95%, 10/01/2043		35,000		30,933
EOG Resources, Inc.
2.45%, 04/01/2020		88,000		88,829
Exxon Mobil Corp.
1.82%, 03/15/2019		150,000		151,251
Husky Energy, Inc.
4.00%, 04/15/2024		45,000		42,465
Kerr-McGee Corp.
6.95%, 07/01/2024		50,000		58,532
Kinder Morgan Energy Partners, LP
4.15%, 02/01/2024		142,000		128,782
Laredo Petroleum, Inc.
7.38%, 05/01/2022		60,000		58,050
Linn Energy LLC / Linn Energy Finance Corp.
6.25%, 11/01/2019		80,000		20,400
MEG Energy Corp.
6.50%, 03/15/2021 (E)		50,000		41,000
Murphy Oil Corp.
2.50%, 12/01/2017		86,000		83,968
Nexen Energy ULC
5.88%, 03/10/2035		10,000		11,042
Noble Energy, Inc.
6.00%, 03/01/2041		22,000		20,856
8.25%, 03/01/2019		47,000		55,200
Peabody Energy Corp.
6.25%, 11/15/2021		45,000		9,225
Petrobras Global Finance BV
3.88%, 01/27/2016		60,000		58,950
6.25%, 03/17/2024 (C)		70,000		50,946
Petroleos Mexicanos
3.50%, 07/18/2018 - 01/30/2023		135,000		132,045
Range Resources Corp.
5.75%, 06/01/2021		10,000		9,425

The notes are an integral part of this report. Transamerica Partners Portfolios Page    7 September 30, 2015 Form N-Q

Transamerica Partners Balanced Portfolio

SCHEDULE OF INVESTMENTS (continued)

At September 30, 2015

(unaudited)

	Principal		Value
CORPORATE DEBT SECURITIES (continued)
Oil, Gas & Consumable Fuels (continued)
Shell International Finance BV
2.00%, 11/15/2018		$  86,000		$  87,010
Western Gas Partners, LP
5.38%, 06/01/2021		76,000		81,351
Williams Cos., Inc.
3.70%, 01/15/2023		13,000		10,081
7.88%, 09/01/2021		33,000		33,531
Williams Partners, LP
5.40%, 03/04/2044		35,000		27,943
				1,420,123
Paper & Forest Products - 0.1%
International Paper Co.
4.75%, 02/15/2022 (C)		126,000		136,081
Pharmaceuticals - 0.3%
Actavis Funding SCS
3.80%, 03/15/2025		140,000		135,246
Actavis, Inc.
4.63%, 10/01/2042		58,000		53,614
Bristol-Myers Squibb Co.
4.50%, 03/01/2044		67,000		70,911
Perrigo Co. PLC
2.30%, 11/08/2018		200,000		197,832
Teva Pharmaceutical Finance Co., BV
3.65%, 11/10/2021		12,000		12,146
				469,749
Real Estate Investment Trusts - 1.1%
CBL & Associates, LP
5.25%, 12/01/2023		190,000		197,932
EPR Properties
4.50%, 04/01/2025		225,000		215,768
Host Hotels & Resorts, LP
4.00%, 06/15/2025		85,000		83,789
Kilroy Realty, LP
4.25%, 08/15/2029		265,000		256,481
Realty Income Corp.
3.88%, 07/15/2024		230,000		230,209
Simon Property Group, LP
3.38%, 10/01/2024		280,000		281,737
Ventas Realty, LP / Ventas Capital Corp.
2.70%, 04/01/2020		20,000		19,915
Vereit Operating Partnership, LP
2.00%, 02/06/2017		95,000		93,100
3.00%, 02/06/2019		60,000		57,225
WEA Finance LLC / Westfield UK & Europe Finance PLC
2.70%, 09/17/2019 (E)		180,000		179,149
				1,615,305
Road & Rail - 0.1%
Aviation Capital Group Corp.
7.13%, 10/15/2020 (E)		153,000		177,097
Burlington Northern Santa Fe LLC
3.00%, 03/15/2023		18,000		17,726
3.75%, 04/01/2024		12,000		12,367
				207,190
Semiconductors & Semiconductor Equipment - 0.2%
Intel Corp.
2.45%, 07/29/2020		190,000		192,520
KLA-Tencor Corp.
4.13%, 11/01/2021		155,000		157,594
				350,114

	Principal		Value
CORPORATE DEBT SECURITIES (continued)
Software - 0.1%
Microsoft Corp.
2.70%, 02/12/2025 (C)		$  140,000		$  137,187
Technology Hardware, Storage & Peripherals - 0.2%
Hewlett Packard Enterprise Co.
3.60%, 10/15/2020 (E)		185,000		184,948
Hewlett-Packard Co.
3.75%, 12/01/2020		65,000		67,204
				252,152
Tobacco - 0.2%
Altria Group, Inc.
4.00%, 01/31/2024		33,000		34,175
Philip Morris International, Inc.
4.88%, 11/15/2043		25,000		26,476
RJ Reynolds Tobacco Co.
8.13%, 06/23/2019		205,000		242,757
				303,408
Trading Companies & Distributors - 0.2%
International Lease Finance Corp.
6.75%, 09/01/2016 (E)		265,000		274,275
Wireless Telecommunication Services - 0.6%
America Movil SAB de CV
3.13%, 07/16/2022		200,000		194,180
Crown Castle Towers LLC
4.88%, 08/15/2040 (E)		155,000		167,427
6.11%, 01/15/2040 (E)		335,000		377,521
SBA Tower Trust
2.24%, 04/15/2043 (E)		65,000		64,571
Sprint Communications, Inc.
9.00%, 11/15/2018 (E)		95,000		99,683
Sprint Corp.
7.88%, 09/15/2023		45,000		36,422
T-Mobile USA, Inc.
6.46%, 04/28/2019		5,000		5,088
6.63%, 04/28/2021		15,000		15,037
6.73%, 04/28/2022		15,000		14,962
6.84%, 04/28/2023		5,000		4,950
				979,841
Total Corporate Debt Securities (Cost $25,503,307)				24,176,109
FOREIGN GOVERNMENT OBLIGATIONS - 0.5%
Export-Import Bank of Korea
4.00%, 01/11/2017		200,000		206,328
Indonesia Government International Bond
5.38%, 10/17/2023 (E)		225,000		232,587
Mexico Government International Bond
4.00%, 10/02/2023		180,000		183,330
Peruvian Government International Bond
7.35%, 07/21/2025		100,000		124,750
Total Foreign Government Obligations (Cost $746,517)				746,995
MORTGAGE-BACKED SECURITIES - 5.6%
Adjustable Rate Mortgage Trust
Series 2004-2, Class 7A2
1.03%, 02/25/2035 (D)		17,274		17,272
Alternative Loan Trust
Series 2007-22, Class 2A16
6.50%, 09/25/2037		243,404		191,219

The notes are an integral part of this report. Transamerica Partners Portfolios Page    8 September 30, 2015 Form N-Q

Transamerica Partners Balanced Portfolio

SCHEDULE OF INVESTMENTS (continued)

At September 30, 2015

(unaudited)

	Principal		Value
MORTGAGE-BACKED SECURITIES (continued)
Banc of America Commercial Mortgage Trust
Series 2007-3, Class A1A
5.73%, 06/10/2049 (D)		$  78,243		$  82,597
Banc of America Re-REMIC Trust
Series 2010-UB3, Class A4B1
5.73%, 06/15/2049 (D) (E)		102,250		107,598
BB-UBS Trust
Series 2012-TFT, Class A
2.89%, 06/05/2030 (E)		140,000		139,857
Series 2012-TFT, Class C
3.58%, 06/05/2030 (D) (E)		315,000		303,933
BBCMS Trust
Series 2013-TYSN, Class B
4.04%, 09/05/2032 (E)		245,000		260,083
Bear Stearns Commercial Mortgage Securities Trust
Series 2006-PW14, Class A1A
5.19%, 12/11/2038		90,828		94,166
Series 2007-PW15, Class A1A
5.32%, 02/11/2044		59,925		62,362
Series 2007-PW17, Class A1A
5.65%, 06/11/2050 (D)		55,223		58,955
Series 2007-PW17, Class A3
5.74%, 06/11/2050		3,432		3,427
Bear Stearns Mortgage Funding Trust
Series 2006-AR5, Class 1A2
0.40%, 12/25/2046 (D)		137,308		59,478
Citigroup Commercial Mortgage Trust
Series 2014-GC19, Class A3
3.75%, 03/10/2047		45,000		47,492
Series 2014-GC19, Class A4
4.02%, 03/10/2047		65,000		70,073
Series 2015-GC27, Class B
3.77%, 02/10/2048		157,700		156,436
Citigroup Commercial Mortgage Trust, Interest Only STRIPS
Series 2013-SMP, Class XA
0.90%, 01/12/2030 (D) (E)		1,217,816		18,797
Citigroup Mortgage Loan Trust
Series 2015-A, Class A1
3.50%, 06/25/2058 (D)		298,499		304,390
COMM Mortgage Trust
Series 2010-RR1, Class GEB
5.54%, 12/11/2049 (D) (E)		160,000		166,377
Series 2013-CR11, Class AM
4.72%, 10/10/2046 (D)		20,000		22,176
Series 2013-GAM, Class A2
3.37%, 02/10/2028 (E)		100,000		102,043
Series 2014-UBS2, Class A5
3.96%, 03/10/2047		45,000		48,274
Commercial Mortgage Pass-Through Certificates
Series 2012-LTRT, Class A2
3.40%, 10/05/2030 (E)		132,000		133,701
Series 2014-CR14, Class B
4.76%, 02/10/2047 (D)		45,000		48,933
Commercial Mortgage Trust
Series 2007-GG11, Class AM
5.87%, 12/10/2049 (D)		35,000		36,966
Core Industrial Trust
Series 2015-CALW, Class B
3.25%, 02/10/2034 (E)		225,000		227,596
Credit Suisse Mortgage Capital Certificates
Series 2009-11R, Class 5A1
4.24%, 08/26/2036 (D) (E)		218,544		216,941

	Principal		Value
MORTGAGE-BACKED SECURITIES (continued)
CSMC Trust
Series 2010-1R, Class 28A1
5.00%, 02/27/2047 (E)		$  112,532		$  113,307
Series 2010-RR1, Class 2A
5.70%, 09/15/2040 (D) (E)		90,000		93,570
Series 2010-RR2, Class 2A
6.15%, 09/15/2039 (D) (E)		68,608		71,923
Series 2013-8R, Class 3A1
0.32%, 03/27/2036 (D) (E)		177,016		172,850
Series 2014-4R, Class 21A1
0.49%, 12/27/2035 (D) (E)		269,561		256,885
GE Commercial Mortgage Corp. Trust
Series 2007-C1, Class AAB
5.48%, 12/10/2049		10,755		10,812
GMACM Mortgage Loan Trust
Series 2005-AR1, Class 3A
3.00%, 03/18/2035 (D)		204,193		199,944
GS Mortgage Securities Corp. II
Series 2013-KING, Class E
3.55%, 12/10/2027 (D) (E)		100,000		96,536
GS Mortgage Securities Trust
Series 2013-G1, Class A2
3.56%, 04/10/2031 (D) (E)		285,000		287,399
Hilton USA Trust, Interest Only STRIPS
Series 2013-HLT, Class X1FX
0.10%, 11/05/2030 (D) (E)		4,500,000		716
Impac CMB Trust
Series 2004-6, Class 1A1
0.99%, 10/25/2034 (D)		101,297		96,538
Independent National Mortgage Corp. Index Mortgage Loan Trust
Series 2007-AR15, Class 2A1
4.16%, 08/25/2037 (D)		217,240		168,337
Series 2007-AR7, Class 1A1
2.80%, 11/25/2037 (D)		218,493		203,845
JPMorgan Chase Commercial Mortgage Securities Trust
Series 2006-CB14, Class AM
5.67%, 12/12/2044 (D)		70,000		70,329
Series 2007-CB18, Class A1A
5.43%, 06/12/2047 (D)		133,625		138,810
Series 2007-LD12, Class A1A
5.85%, 02/15/2051 (D)		110,471		118,003
Series 2007-LDPX, Class A1A
5.44%, 01/15/2049		81,319		84,866
Series 2008-C2, Class ASB
6.13%, 02/12/2051 (D)		72,655		75,095
JPMorgan Re-REMIC Trust
Series 2014-2, Class 6A1
Zero Coupon, 05/26/2037 (D) (E)		265,805		266,829
LB Commercial Mortgage Trust
Series 2007-C3, Class A1A
6.05%, 07/15/2044 (D)		28,117		29,866
LB-UBS Commercial Mortgage Trust
Series 2007-C7, Class AM
6.37%, 09/15/2045 (D)		30,000		32,650
Merrill Lynch Mortgage Investors Trust
Series 2003-F, Class A1
0.83%, 10/25/2028 (D)		57,587		56,182
Series 2004-A3, Class 4A3
2.73%, 05/25/2034 (D)		44,612		44,463
Merrill Lynch Mortgage Trust
Series 2005-CKI1, Class AJ
5.60%, 11/12/2037 (D)		30,145		30,133
Series 2007-C1, Class A1A
6.03%, 06/12/2050 (D)		36,267		37,709

The notes are an integral part of this report. Transamerica Partners Portfolios Page    9 September 30, 2015 Form N-Q

Transamerica Partners Balanced Portfolio

SCHEDULE OF INVESTMENTS (continued)

At September 30, 2015

(unaudited)

	Principal		Value
MORTGAGE-BACKED SECURITIES (continued)
Morgan Stanley Capital I Trust
Series 2007-HQ12, Class AM
5.90%, 04/12/2049 (D)		$  85,000		$  89,083
Series 2007-IQ13, Class A1A
5.31%, 03/15/2044		125,089		130,153
Series 2007-IQ13, Class AM
5.41%, 03/15/2044		30,000		31,148
Series 2007-IQ14, Class A1A
5.67%, 04/15/2049 (D)		34,113		35,995
Series 2007-IQ15, Class AM
6.11%, 06/11/2049 (D)		55,000		58,342
Morgan Stanley Re-REMIC Trust
Series 2012-XA, Class A
2.00%, 07/27/2049 (E)		28,886		28,699
Series 2014-R3, Class 2A
3.00%, 07/26/2048 (D) (E)		327,466		328,398
Motel 6 Trust
Series 2015-MTL6, Class C
3.64%, 02/05/2030 (E)		545,000		545,734
Nationstar Mortgage Loan Trust
Series 2013-A, Class A
3.75%, 12/25/2052 (D) (E)		205,594		209,912
New Residential Mortgage Loan Trust
Series 2014-1A, Class A
3.75%, 01/25/2054 (D) (E)		86,932		89,768
Series 2014-2A, Class A3
3.75%, 05/25/2054 (D) (E)		238,655		248,862
Series 2014-3A, Class AFX3
3.75%, 11/25/2054 (D) (E)		166,825		172,617
Queens Center Mortgage Trust
Series 2013-QCA, Class D
3.59%, 01/11/2037 (D) (E)		130,000		125,231
SCG Trust
Series 2013-SRP1, Class A
1.61%, 11/15/2026 (D) (E)		100,000		99,461
STRIPS, Ltd.
Series 2012-1A, Class A
1.50%, 12/25/2044 (E) (J) (K)		22,134		21,918
Structured Asset Mortgage Investments II Trust
Series 2003-AR4, Class A1
0.92%, 01/19/2034 (D)		136,731		132,109
Towd Point Mortgage Trust
Series 2015-3, Class A1B
3.00%, 03/25/2054 (D) (E)		191,551		192,877
UBS-BAMLL Trust
Series 2012-WRM, Class A
3.66%, 06/10/2030 (E)		225,000		237,217
Wachovia Bank Commercial Mortgage Trust
Series 2006-WL7A, Class H
0.61%, 09/15/2021 (D) (E)		40,644		39,709
Total Mortgage-Backed Securities (Cost $8,696,528)				8,555,972
MUNICIPAL GOVERNMENT OBLIGATIONS - 0.3%
California - 0.1%
Los Angeles Community College District, General Obligation Unlimited
6.60%, 08/01/2042		15,000		20,191

	Principal		Value
MUNICIPAL GOVERNMENT OBLIGATIONS (continued)
California (continued)
State of California, General Obligation Unlimited
7.60%, 11/01/2040		$  60,000		$  88,032
University of California, Revenue Bonds
Series AD
4.86%, 05/15/2112		10,000		9,660
				117,883
Georgia - 0.0% (A)
Municipal Electric Authority of Georgia, Revenue Bonds
6.64%, 04/01/2057		10,000		11,721
Illinois - 0.1%
State of Illinois, General Obligation Unlimited
5.10%, 06/01/2033		55,000		51,547
New Jersey - 0.0% (A)
New Jersey State Turnpike Authority, Revenue Bonds
Series F
7.41%, 01/01/2040		16,000		22,124
New York - 0.1%
Metropolitan Transportation Authority, Revenue Bonds
Series E
6.81%, 11/15/2040		15,000		19,630
New York City Water & Sewer System, Revenue Bonds
5.88%, 06/15/2044		15,000		19,153
Series EE
5.38%, 06/15/2043		45,000		52,278
5.50%, 06/15/2043		55,000		64,381
New York State Dormitory Authority, Revenue Bonds
Series H
5.39%, 03/15/2040		10,000		12,010
Port Authority of New York & New Jersey, Revenue Bonds
4.96%, 08/01/2046		20,000		21,712
				189,164
Total Municipal Government Obligations (Cost $365,797)				392,439
U.S. GOVERNMENT AGENCY OBLIGATIONS - 6.8%
Federal Home Loan Mortgage Corp.
3.00%, 02/01/2041 (D)		25,363		27,026
5.50%, 06/01/2041		52,080		57,661
Federal National Mortgage Association
Zero Coupon, 10/09/2019		190,000		176,440
2.96%, 03/01/2041 (D)		19,093		20,335
3.00%, TBA (L)		2,354,000		2,385,632
3.14%, 03/01/2041 (D)		20,514		21,815
3.16%, 12/01/2040 (D)		27,239		28,736
3.33%, 10/25/2023 (D)		55,000		58,333
3.50%, 11/01/2028 - 01/01/2029		166,227		177,286
3.50%, TBA (L)		3,673,000		3,841,045
3.52%, 09/01/2041 (D)		35,301		37,443
4.00%, 10/01/2025 - 07/01/2026		61,459		65,202
4.00%, TBA (L)		1,588,000		1,693,888
4.50%, 02/01/2025 - 06/01/2026		194,503		207,971
5.00%, TBA (L)		566,000		623,628
5.50%, 09/01/2036 - 08/01/2037		351,497		398,501
6.00%, 02/01/2038 - 04/01/2040		350,361		396,975

The notes are an integral part of this report. Transamerica Partners Portfolios Page    10 September 30, 2015 Form N-Q

Transamerica Partners Balanced Portfolio

SCHEDULE OF INVESTMENTS (continued)

At September 30, 2015

(unaudited)

	Principal		Value
U.S. GOVERNMENT AGENCY OBLIGATIONS (continued)
Federal National Mortgage Association (continued)
6.50%, 05/01/2040		$  96,892		$  110,687
Government National Mortgage Association, Interest Only STRIPS
0.91%, 02/16/2053 (D)		277,989		18,387
Total U.S. Government Agency Obligations (Cost $10,265,958)				10,346,991
U.S. GOVERNMENT OBLIGATIONS - 8.2%
U.S. Treasury Bond
2.75%, 08/15/2042		479,500		467,525
3.50%, 02/15/2039		61,000		68,806
3.63%, 02/15/2044		2,013,300		2,315,243
4.50%, 02/15/2036		505,000		662,168
4.75%, 02/15/2037		98,000		132,884
5.25%, 02/15/2029		330,000		443,016
U.S. Treasury Inflation Indexed Bond
2.50%, 01/15/2029		303,125		363,644
U.S. Treasury Inflation Indexed Note
0.13%, 01/15/2023		93,054		89,712
0.63%, 01/15/2024		1,022,810		1,017,869
U.S. Treasury Note
0.50%, 09/30/2016		493,000		493,495
0.88%, 04/15/2017 - 04/30/2017		1,425,400		1,432,566
1.00%, 11/30/2019		171,400		169,690
1.25%, 11/30/2018		763,300		769,422
1.63%, 03/31/2019 - 11/15/2022		2,061,000		2,085,072
1.88%, 11/30/2021		155,000		157,006
2.00%, 02/15/2025		569,000		566,778
2.25%, 11/15/2024		758,400		772,581
2.50%, 08/15/2023 - 05/15/2024		529,500		552,368
Total U.S. Government Obligations (Cost $12,293,022)				12,559,845
SHORT-TERM U.S. GOVERNMENT AGENCY OBLIGATION - 0.3%
Federal Home Loan Bank Discount Notes
0.15%, 12/17/2015 (M)		466,000		465,856
Total Short-Term U.S. Government Agency Obligation (Cost $465,856)				465,856
SHORT-TERM U.S. GOVERNMENT OBLIGATIONS - 5.3%
U.S. Treasury Bill
0.00% (N), 02/04/2016 (M)		796,000		795,993
0.01%, 10/29/2015 (M)		1,043,000		1,042,994
0.03%, 10/22/2015 (M)		804,000		803,985
0.04%, 11/19/2015 - 12/17/2015 (M)		3,461,000		3,460,760
0.05%, 11/27/2015 (M)		325,000		324,975
0.08%, 11/05/2015 (M)		1,656,000		1,655,880
0.12%, 04/28/2016 (M) (O)		70,000		69,973
Total Short-Term U.S. Government Obligations (Cost $8,154,510)				8,154,560
	Shares		Value
SECURITIES LENDING COLLATERAL - 6.4%
State Street Navigator Securities Lending Trust - Prime Portfolio, 0.20% (M)		9,821,940		9,821,940
Total Securities Lending Collateral (Cost $9,821,940)				9,821,940

	Principal		Value
REPURCHASE AGREEMENT - 0.8%
State Street Bank & Trust Co. 0.01% (M), dated 09/30/2015, to be repurchased at $1,158,073 on 10/01/2015. Collateralized by U.S. Government Obligations, 2.63% - 3.13%, due 08/15/2020 - 05/15/2021, with a total value of $1,184,820.		$  1,158,073		$  1,158,073
Total Repurchase Agreement (Cost $1,158,073)				1,158,073
Total Investments (Cost $165,481,893) (P)				170,791,685
Net Other Assets (Liabilities) - (11.9)%				(18,114,087	)
Net Assets - 100.0%				$  152,677,598

The notes are an integral part of this report. Transamerica Partners Portfolios Page    11 September 30, 2015 Form N-Q

Transamerica Partners Balanced Portfolio

SCHEDULE OF INVESTMENTS (continued)

At September 30, 2015

(unaudited)

FUTURES CONTRACTS: ^(Q)

Description	Long/Short		Number of Contracts		Expiration Date		Unrealized Appreciation		Unrealized Depreciation
S&P 500® E-Mini		Long		7		12/18/2015	$	—	$	(13,002	)

SECURITY VALUATION:

Valuation Inputs ^(R)

	Level 1 - Unadjusted Quoted Prices			Level 2 - Other Significant Observable Inputs		Level 3 - Significant Unobservable Inputs (S)		Value at September 30, 2015
ASSETS
Investments
Common Stocks	$	89,631,245		$	—	$	—	$	89,631,245
Preferred Stocks		266,458			—		—		266,458
Asset-Backed Securities		—			4,515,202		—		4,515,202
Corporate Debt Securities		—			24,176,109		—		24,176,109
Foreign Government Obligations		—			746,995		—		746,995
Mortgage-Backed Securities		—			8,534,054		21,918		8,555,972
Municipal Government Obligations		—			392,439		—		392,439
U.S. Government Agency Obligations		—			10,346,991		—		10,346,991
U.S. Government Obligations		—			12,559,845		—		12,559,845
Short-Term U.S. Government Agency Obligation		—			465,856		—		465,856
Short-Term U.S. Government Obligations		—			8,154,560		—		8,154,560
Securities Lending Collateral		9,821,940			—		—		9,821,940
Repurchase Agreement		—			1,158,073		—		1,158,073
Total Investments	$	99,719,643		$	71,050,124	$	21,918	$	170,791,685
LIABILITIES
Other Financial Instruments
Futures Contracts (T)	$	(13,002	)	$	—	$	—	$	(13,002	)
Total Other Financial Instruments	$	(13,002	)	$	—	$	—	$	(13,002	)
Transfers
Investments	Transfers from Level 1 to Level 2			Transfers from Level 2 to Level 1		Transfers from Level 2 to Level 3 (U)		Transfers from Level 3 to Level 2
Mortgage-Backed Securities	$	—		$	—	$	21,918	$	—

FOOTNOTES TO SCHEDULE OF INVESTMENTS:

^(A) Percentage rounds to less than 0.1% or (0.1)%.

^(B)  Non-income producing security.

^(C)  All or a portion of the security is on loan. The total value of all securities on loan is $9,607,322. The amount of securities on loan indicated may not correspond with the securities on loan identified because securities with pending sales are in the process of recall from the brokers.

^(D)  Floating or variable rate security. The rate disclosed is as of September 30, 2015.

^(E)  Security is registered pursuant to Rule 144A of the Securities Act of 1933. The security is deemed to be liquid for purposes of compliance limitations on holdings of illiquid securities and may be resold as transactions exempt from registration, normally to qualified institutional buyers. At September 30, 2015, the total aggregate value of 144A securities is $16,271,538, representing 10.7% of the Portfolio’s net assets.

^(F)  Perpetual maturity. The date displayed is the next call date.

^(G)  Security in default.

^(H)  Illiquid security. Total aggregate value of illiquid securities is $208,988, representing 0.1% of the Portfolio’s net assets.

^(I)  Escrow position. Position represents remaining escrow balance expected to be received upon finalization of restructuring.

^(J)  Security is Level 3 of the fair value hierarchy.

^(K)  Fair valued as determined in good faith in accordance with procedures established by the Board. Total aggregate fair value of securities is $21,918, representing less than 0.1% of the Portfolio’s net assets.

^(L)  Security on a when-issued, delayed-delivery, or forward commitment basis. Security to be settled and delivered after September 30, 2015.

^(M)  Rate disclosed reflects the yield at September 30, 2015.

^(N)  Percentage rounds to less than 0.01% or (0.01)%.

^(O)  All or a portion of the security has been segregated by the custodian as collateral to cover margin requirements for open futures contracts. The total value of all securities segregated as collateral to cover margin requirements for open futures contracts is $69,973.

The notes are an integral part of this report. Transamerica Partners Portfolios Page    12 September 30, 2015 Form N-Q

Transamerica Partners Balanced Portfolio

SCHEDULE OF INVESTMENTS (continued)

At September 30, 2015

(unaudited)

FOOTNOTES TO SCHEDULE OF INVESTMENTS (continued):

^(P)  Aggregate cost for federal income tax purposes is $165,481,893. Aggregate gross unrealized appreciation and depreciation for all securities is $12,794,612 and $7,484,820, respectively. Net unrealized appreciation for tax purposes is $5,309,792.

^(Q)  Cash in the amount of $114,958 has been segregated by the custodian as collateral to cover margin requirements for open futures contracts.

^(R)  The Portfolio recognizes transfers between Levels at the end of the reporting period. See the Security Valuation section of the Notes to Schedules of Investments for more information regarding security valuation and pricing inputs.

^(S)  Level 3 securities were not considered significant to the Portfolio.

^(T)  Futures contracts and/or forward foreign currency contracts are valued at unrealized appreciation (depreciation).

^(U)  Transferred from Level 2 to 3 due to utilizing significant unobservable inputs, as of prior reporting period the security utilized significant observable inputs.

PORTFOLIO ABBREVIATIONS:

MTN	Medium Term Note
STRIPS	Separate Trading of Registered Interest and Principal of Securities
TBA	To Be Announced

The notes are an integral part of this report. Transamerica Partners Portfolios Page    13 September 30, 2015 Form N-Q

Transamerica Partners Large Value Portfolio

SCHEDULE OF INVESTMENTS

At September 30, 2015

(unaudited)

	Shares		Value
COMMON STOCKS - 99.0%
Aerospace & Defense - 3.7%
General Dynamics Corp.		41,610		$  5,740,100
Huntington Ingalls Industries, Inc.		44,000		4,714,600
Northrop Grumman Corp.		71,250		11,823,937
Spirit Aerosystems Holdings, Inc., Class A (A)		140,870		6,809,656
Triumph Group, Inc.		21,410		900,933
				29,989,226
Air Freight & Logistics - 1.0%
FedEx Corp.		58,398		8,408,144
Airlines - 4.7%
Alaska Air Group, Inc.		133,030		10,569,234
Delta Air Lines, Inc.		219,352		9,842,324
JetBlue Airways Corp. (A) (B)		45,920		1,183,358
Southwest Airlines Co.		194,041		7,381,320
United Continental Holdings, Inc. (A)		163,900		8,694,895
				37,671,131
Auto Components - 2.7%
Cooper Tire & Rubber Co.		126,665		5,004,534
Delphi Automotive PLC, Class A		52,620		4,001,225
Goodyear Tire & Rubber Co.		70,224		2,059,670
Lear Corp.		100,410		10,922,600
				21,988,029
Automobiles - 0.7%
General Motors Co.		180,000		5,403,600
Banks - 1.1%
Huntington Bancshares, Inc., Class A		625,460		6,629,876
SunTrust Banks, Inc.		46,530		1,779,307
				8,409,183
Beverages - 0.9%
Dr. Pepper Snapple Group, Inc.		37,300		2,948,565
PepsiCo, Inc.		42,590		4,016,237
				6,964,802
Biotechnology - 2.2%
Gilead Sciences, Inc.		98,345		9,656,495
United Therapeutics Corp. (A) (B)		61,170		8,027,951
				17,684,446
Capital Markets - 2.0%
Goldman Sachs Group, Inc.		45,700		7,940,832
Morgan Stanley		162,600		5,121,900
T. Rowe Price Group, Inc. (B)		39,840		2,768,880
				15,831,612
Chemicals - 1.9%
CF Industries Holdings, Inc., Class B		170,150		7,639,735
LyondellBasell Industries NV, Class A		46,260		3,856,234
Mosaic Co.		113,000		3,515,430
				15,011,399
Communications Equipment - 0.7%
Cisco Systems, Inc.		57,940		1,520,925
Juniper Networks, Inc.		160,560		4,127,998
				5,648,923

	Shares		Value
COMMON STOCKS (continued)
Consumer Finance - 1.6%
Ally Financial, Inc. (A)		339,100		$  6,910,858
Capital One Financial Corp.		78,920		5,723,278
				12,634,136
Diversified Financial Services - 13.0%
Bank of America Corp.		1,511,980		23,556,648
Citigroup, Inc.		443,750		22,014,437
JPMorgan Chase & Co.		508,270		30,989,222
McGraw-Hill Financial, Inc.		84,605		7,318,333
Moody’s Corp.		102,600		10,075,320
Voya Financial, Inc.		255,210		9,894,492
				103,848,452
Diversified Telecommunication Services - 2.4%
AT&T, Inc.		255,801		8,333,997
Verizon Communications, Inc.		259,140		11,275,181
				19,609,178
Electric Utilities - 3.7%
American Electric Power Co., Inc.		185,800		10,564,588
Edison International		150,858		9,514,614
Entergy Corp., Class B		145,200		9,452,520
				29,531,722
Electronic Equipment, Instruments & Components - 1.3%
Flextronics International, Ltd. (A)		433,620		4,570,355
Jabil Circuit, Inc. (B)		253,305		5,666,433
				10,236,788
Energy Equipment & Services - 5.2%
Dril-Quip, Inc., Class A (A) (B)		11,300		657,886
Ensco PLC, Class A		663,829		9,346,712
Helmerich & Payne, Inc. (B)		42,022		1,985,960
Nabors Industries, Ltd.		324,000		3,061,800
National Oilwell Varco, Inc.		41,170		1,550,051
Noble Corp. PLC (B)		857,150		9,351,506
Oceaneering International, Inc. (B)		117,108		4,600,002
Oil States International, Inc. (A)		235,100		6,143,163
Rowan Cos. PLC, Class A (B)		147,900		2,388,585
Transocean, Ltd. (B)		202,259		2,613,186
				41,698,851
Food & Staples Retailing - 2.0%
Kroger Co.		276,680		9,979,848
Wal-Mart Stores, Inc.		48,100		3,118,804
Whole Foods Market, Inc.		96,930		3,067,834
				16,166,486
Food Products - 1.5%
Bunge, Ltd.		120,700		8,847,310
Cal-Maine Foods, Inc.		4,726		258,087
Ingredion, Inc.		34,150		2,981,636
				12,087,033
Health Care Providers & Services - 2.8%
Anthem, Inc.		34,419		4,818,660
Cardinal Health, Inc.		111,473		8,563,356

The notes are an integral part of this report. Transamerica Partners Portfolios Page    1 September 30, 2015 Form N-Q

Transamerica Partners Large Value Portfolio

SCHEDULE OF INVESTMENTS (continued)

At September 30, 2015

(unaudited)

	Shares		Value
COMMON STOCKS (continued)
Health Care Providers & Services (continued)
McKesson Corp.		42,099		$  7,789,578
Quest Diagnostics, Inc.		25,400		1,561,338
				22,732,932
Independent Power and Renewable Electricity Producers - 1.1%
AES Corp.		916,212		8,969,715
Insurance - 10.0%
Allstate Corp.		200,800		11,694,592
American International Group, Inc.		289,300		16,438,026
Assurant, Inc.		59,260		4,682,133
Assured Guaranty, Ltd.		218,910		5,472,750
Axis Capital Holdings, Ltd.		59,080		3,173,778
Everest RE Group, Ltd.		32,550		5,642,217
Hartford Financial Services Group, Inc.		158,320		7,247,889
Lincoln National Corp.		86,400		4,100,544
Prudential Financial, Inc.		9,680		737,713
Reinsurance Group of America, Inc., Class A		32,720		2,964,105
Travelers Cos., Inc.		131,400		13,078,242
Unum Group		153,880		4,936,470
				80,168,459
Internet Software & Services - 2.2%
eBay, Inc. (A)		380,270		9,293,799
VeriSign, Inc. (B)		119,120		8,405,107
				17,698,906
IT Services - 0.5%
Amdocs, Ltd.		74,150		4,217,652
Machinery - 0.3%
Trinity Industries, Inc. (B)		109,048		2,472,118
Multi-Utilities - 1.2%
Public Service Enterprise Group, Inc.		224,300		9,456,488
Multiline Retail - 1.0%
Big Lots, Inc. (B)		21,841		1,046,621
Dillard’s, Inc., Class A (B)		12,392		1,082,937
Macy’s, Inc.		121,000		6,209,720
				8,339,278
Oil, Gas & Consumable Fuels - 7.6%
EOG Resources, Inc.		20,120		1,464,736
Exxon Mobil Corp.		220,924		16,425,700
Hess Corp.		15,460		773,928
Marathon Oil Corp. (B)		186,530		2,872,562
Marathon Petroleum Corp.		257,907		11,948,831
Murphy Oil Corp. (B)		49,306		1,193,205
Tesoro Corp.		116,626		11,340,712
Valero Energy Corp.		209,770		12,607,177
Western Refining, Inc.		44,377		1,957,913
				60,584,764
Paper & Forest Products - 0.8%
Domtar Corp.		45,519		1,627,304
International Paper Co.		136,200		5,146,998
				6,774,302
Personal Products - 1.3%
Herbalife, Ltd. (A) (B)		141,830		7,729,735
Nu Skin Enterprises, Inc., Class A		58,114		2,398,946
				10,128,681

	Shares		Value
COMMON STOCKS (continued)
Pharmaceuticals - 6.8%
Johnson & Johnson		282,320		$  26,354,572
Pfizer, Inc.		901,410		28,313,288
				54,667,860
Real Estate Investment Trusts - 0.6%
CBL & Associates Properties, Inc.		175,353		2,411,104
RLJ Lodging Trust		84,060		2,124,196
				4,535,300
Real Estate Management & Development - 1.3%
CBRE Group, Inc., Class A (A)		232,264		7,432,448
Jones Lang LaSalle, Inc.		20,423		2,936,215
				10,368,663
Semiconductors & Semiconductor Equipment - 2.1%
Intel Corp.		549,430		16,559,820
Software - 3.7%
Aspen Technology, Inc. (A) (B)		73,984		2,804,733
Electronic Arts, Inc. (A)		14,290		968,148
FactSet Research Systems, Inc. (B)		15,430		2,465,868
Microsoft Corp.		281,150		12,443,699
Symantec Corp.		559,506		10,893,582
				29,576,030
Specialty Retail - 0.6%
Foot Locker, Inc.		67,510		4,858,695
Technology Hardware, Storage & Peripherals - 1.2%
Apple, Inc.		87,100		9,607,130
Textiles, Apparel & Luxury Goods - 0.4%
Coach, Inc., Class A		30,700		888,151
Deckers Outdoor Corp. (A) (B)		25,800		1,497,948
Michael Kors Holdings, Ltd. (A)		18,429		778,441
				3,164,540
Tobacco - 1.0%
Philip Morris International, Inc.		102,657		8,143,780
Trading Companies & Distributors - 0.2%
AerCap Holdings NV (A)		50,281		1,922,745
Total Common Stocks (Cost $782,333,260)				793,770,999
SECURITIES LENDING COLLATERAL - 6.0%
State Street Navigator Securities Lending Trust - Prime Portfolio, 0.20% (C)		47,894,635		47,894,635
Total Securities Lending Collateral (Cost $47,894,635)				47,894,635
	Principal		Value
REPURCHASE AGREEMENT - 0.5%
State Street Bank & Trust Co. 0.01% (C), dated 09/30/2015, to be repurchased at $3,819,062 on 10/01/2015. Collateralized by U.S. Government Obligations, 2.63% - 3.13%, due 08/15/2020 - 05/15/2021, and with a total value of $3,898,188.		$  3,819,061		3,819,061
Total Repurchase Agreement (Cost $3,819,061)				3,819,061

The notes are an integral part of this report. Transamerica Partners Portfolios Page    2 September 30, 2015 Form N-Q

Transamerica Partners Large Value Portfolio

SCHEDULE OF INVESTMENTS (continued)

At September 30, 2015

(unaudited)

	Value
Total Investments (Cost $834,046,956) (D)		$  845,484,695
Net Other Assets (Liabilities) - (5.5)%		(44,050,994	)
Net Assets - 100.0%		$  801,433,701

SECURITY VALUATION:

Valuation Inputs ^(E)

	Level 1 - Unadjusted Quoted Prices		Level 2 - Other Significant Observable Inputs		Level 3 - Significant Unobservable Inputs		Value at September 30, 2015
ASSETS
Investments
Common Stocks	$	793,770,999	$	—	$	—	$	793,770,999
Securities Lending Collateral		47,894,635		—		—		47,894,635
Repurchase Agreement		—		3,819,061		—		3,819,061
Total Investments	$	841,665,634	$	3,819,061	$	—	$	845,484,695

FOOTNOTES TO SCHEDULE OF INVESTMENTS:

^(A) Non-income producing security.

^(B) All or a portion of the security is on loan. The total value of all securities on loan is $46,769,744. The amount of securities on loan indicated may not correspond with the securities on loan identified because securities with pending sales are in the process of recall from the brokers.

^(C) Rate disclosed reflects the yield at September 30, 2015.

^(D) Aggregate cost for federal income tax purposes is $834,046,956. Aggregate gross unrealized appreciation and depreciation for all securities is $78,724,652 and  $67,286,913, respectively. Net unrealized appreciation for tax purposes is $11,437,739.

^(E) The Portfolio recognizes transfers between Levels at the end of the reporting period. There were no transfers between Levels 1, 2 and 3 during the period ended  September 30, 2015. See the Security Valuation section of the Notes to Schedules of Investments for more information regarding security valuation and pricing inputs.

The notes are an integral part of this report. Transamerica Partners Portfolios Page    3 September 30, 2015 Form N-Q

Transamerica Partners Large Core Portfolio

SCHEDULE OF INVESTMENTS

At September 30, 2015

(unaudited)

	Shares		Value
COMMON STOCKS - 98.9%
Aerospace & Defense - 3.2%
Boeing Co.		12,460		$  1,631,637
General Dynamics Corp.		31,140		4,295,763
Northrop Grumman Corp.		25,280		4,195,216
				10,122,616
Air Freight & Logistics - 1.1%
FedEx Corp.		23,704		3,412,902
Airlines - 5.0%
Alaska Air Group, Inc.		25,457		2,022,559
American Airlines Group, Inc.		51,800		2,011,394
Delta Air Lines, Inc.		94,119		4,223,120
Southwest Airlines Co.		104,000		3,956,160
United Continental Holdings, Inc. (A)		63,486		3,367,932
				15,581,165
Auto Components - 3.2%
Delphi Automotive PLC, Class A		53,690		4,082,588
Goodyear Tire & Rubber Co.		128,070		3,756,293
Magna International, Inc., Class A		45,550		2,186,855
				10,025,736
Automobiles - 1.4%
General Motors Co.		146,300		4,391,926
Banks - 1.2%
Huntington Bancshares, Inc., Class A		361,500		3,831,900
Beverages - 2.6%
Dr. Pepper Snapple Group, Inc.		48,800		3,857,640
PepsiCo, Inc.		46,980		4,430,214
				8,287,854
Biotechnology - 2.9%
Amgen, Inc.		13,946		1,929,011
Biogen, Inc. (A)		4,713		1,375,300
Gilead Sciences, Inc.		60,210		5,912,020
				9,216,331
Chemicals - 2.4%
CF Industries Holdings, Inc., Class B		63,500		2,851,150
LyondellBasell Industries NV, Class A		39,990		3,333,566
Mosaic Co.		39,100		1,216,401
				7,401,117
Communications Equipment - 1.8%
Cisco Systems, Inc.		59,740		1,568,175
F5 Networks, Inc., Class B (A)		4,510		522,258
Juniper Networks, Inc.		139,520		3,587,059
				5,677,492
Diversified Financial Services - 7.9%
Bank of America Corp.		402,340		6,268,457
Citigroup, Inc.		122,060		6,055,397
JPMorgan Chase & Co.		127,650		7,782,820
Moody’s Corp.		16,130		1,583,966
Voya Financial, Inc.		80,600		3,124,862
				24,815,502

	Shares		Value
COMMON STOCKS (continued)
Diversified Telecommunication Services - 2.3%
AT&T, Inc.		13,750		$  447,975
Verizon Communications, Inc.		158,650		6,902,862
				7,350,837
Electric Utilities - 1.6%
American Electric Power Co., Inc.		7,730		439,528
Edison International		45,506		2,870,063
Entergy Corp., Class B		22,000		1,432,200
Exelon Corp.		7,400		219,780
				4,961,571
Energy Equipment & Services - 2.6%
Ensco PLC, Class A		238,471		3,357,672
Helmerich & Payne, Inc. (B)		51,251		2,422,122
Noble Corp. PLC (B)		188,030		2,051,407
Transocean, Ltd. (B)		25,383		327,949
				8,159,150
Food & Staples Retailing - 3.5%
CVS Health Corp.		37,100		3,579,408
Kroger Co.		117,310		4,231,372
Whole Foods Market, Inc.		94,600		2,994,090
				10,804,870
Food Products - 0.9%
Bunge, Ltd.		37,900		2,778,070
Health Care Providers & Services - 5.1%
Aetna, Inc.		38,346		4,195,436
Anthem, Inc.		6,500		910,000
Cardinal Health, Inc.		48,440		3,721,161
HCA Holdings, Inc. (A)		24,900		1,926,264
McKesson Corp.		21,120		3,907,833
Quest Diagnostics, Inc.		23,500		1,444,545
				16,105,239
Hotels, Restaurants & Leisure - 2.2%
Darden Restaurants, Inc.		55,500		3,803,970
Wyndham Worldwide Corp.		43,800		3,149,220
				6,953,190
Household Durables - 0.7%
Whirlpool Corp.		13,937		2,052,363
Independent Power and Renewable Electricity Producers - 1.1%
AES Corp.		343,698		3,364,803
Insurance - 5.6%
Allstate Corp.		63,900		3,721,536
American International Group, Inc.		86,830		4,933,681
Assurant, Inc.		22,300		1,761,923
Hartford Financial Services Group, Inc.		54,190		2,480,818
Lincoln National Corp.		16,070		762,682
Travelers Cos., Inc.		39,900		3,971,247
				17,631,887
Internet Software & Services - 2.3%
eBay, Inc. (A)		155,210		3,793,332
VeriSign, Inc. (A) (B)		47,910		3,380,530
				7,173,862
IT Services - 0.9%
Xerox Corp.		284,900		2,772,077

The notes are an integral part of this report. Transamerica Partners Portfolios Page    1 September 30, 2015 Form N-Q

Transamerica Partners Large Core Portfolio

SCHEDULE OF INVESTMENTS (continued)

At September 30, 2015

(unaudited)

	Shares		Value
COMMON STOCKS (continued)
Multi-Utilities - 0.3%
Public Service Enterprise Group, Inc.		20,930		$  882,409
Multiline Retail - 1.1%
Macy’s, Inc.		64,600		3,315,272
Oil, Gas & Consumable Fuels - 4.3%
Marathon Oil Corp.		36,400		560,560
Marathon Petroleum Corp.		82,670		3,830,101
Murphy Oil Corp. (B)		45,040		1,089,968
Tesoro Corp.		39,313		3,822,796
Valero Energy Corp.		67,960		4,084,396
				13,387,821
Paper & Forest Products - 0.4%
International Paper Co.		35,300		1,333,987
Pharmaceuticals - 6.6%
Johnson & Johnson		88,420		8,254,007
Merck & Co., Inc.		108,840		5,375,608
Pfizer, Inc.		225,410		7,080,128
				20,709,743
Professional Services - 0.3%
Robert Half International, Inc.		19,500		997,620
Real Estate Management & Development - 1.0%
CBRE Group, Inc., Class A (A)		94,372		3,019,904
Road & Rail - 0.6%
Ryder System, Inc., Class A (B)		27,010		1,999,820
Semiconductors & Semiconductor Equipment - 2.5%
Intel Corp.		212,233		6,396,703
Micron Technology, Inc. (A) (B)		103,300		1,547,434
				7,944,137
Software - 7.4%
CA, Inc. (B)		136,900		3,737,370
Citrix Systems, Inc. (A)		55,190		3,823,563
Electronic Arts, Inc. (A)		60,690		4,111,748
Microsoft Corp.		170,520		7,547,215
Oracle Corp.		7,760		280,291
Symantec Corp.		190,840		3,715,655
				23,215,842
Specialty Retail - 2.7%
Bed Bath & Beyond, Inc. (A) (B)		60,554		3,452,789
Best Buy Co., Inc.		98,414		3,653,128
GameStop Corp., Class A (B)		6,654		274,211
Lowe’s Cos., Inc.		15,510		1,068,949
				8,449,077
Technology Hardware, Storage & Peripherals - 5.6%
Apple, Inc.		138,712		15,299,934
Hewlett-Packard Co.		65,230		1,670,540
Western Digital Corp.		7,020		557,669
				17,528,143
Textiles, Apparel & Luxury Goods - 1.7%
Coach, Inc., Class A		63,020		1,823,168
Michael Kors Holdings, Ltd. (A)		83,732		3,536,840
				5,360,008

	Shares		Value
COMMON STOCKS (continued)
Tobacco - 2.9%
Altria Group, Inc.		75,810		$  4,124,064
Philip Morris International, Inc.		61,228		4,857,217
				8,981,281
Total Common Stocks (Cost $297,617,953)				309,997,524
SECURITIES LENDING COLLATERAL - 4.5%
State Street Navigator Securities Lending Trust - Prime Portfolio, 0.20% (C)		14,172,299		14,172,299
Total Securities Lending Collateral (Cost $14,172,299)				14,172,299
	Principal		Value
REPURCHASE AGREEMENT - 0.9%
State Street Bank & Trust Co. 0.01% (C), dated 09/30/2015, to be repurchased at $2,693,321 on 10/01/2015. Collateralized by a U.S. Government Obligation, 2.63%, due 08/15/2020, and with a value of $2,747,456.		$  2,693,321		2,693,321
Total Repurchase Agreement (Cost $2,693,321)				2,693,321
Total Investments (Cost $314,483,573) (D)				326,863,144
Net Other Assets (Liabilities) - (4.3)%				(13,470,884	)
Net Assets - 100.0%				$  313,392,260

The notes are an integral part of this report. Transamerica Partners Portfolios Page    2 September 30, 2015 Form N-Q

Transamerica Partners Large Core Portfolio

SCHEDULE OF INVESTMENTS (continued)

At September 30, 2015

(unaudited)

SECURITY VALUATION:

Valuation Inputs ^(E)

	Level 1 - Unadjusted Quoted Prices		Level 2 - Other Significant Observable Inputs		Level 3 - Significant Unobservable Inputs		Value at September 30, 2015
ASSETS
Investments
Common Stocks	$	309,997,524	$	—	$	—	$	309,997,524
Securities Lending Collateral		14,172,299		—		—		14,172,299
Repurchase Agreement		—		2,693,321		—		2,693,321
Total Investments	$	324,169,823	$	2,693,321	$	—	$	326,863,144

FOOTNOTES TO SCHEDULE OF INVESTMENTS:

^(A)  Non-income producing security.

^(B)  All or a portion of the security is on loan. The total value of all securities on loan is $13,836,913. The amount of securities on loan indicated may not correspond with the securities on loan identified because securities with pending sales are in the process of recall from the brokers.

^(C)  Rate disclosed reflects the yield at September 30, 2015.

^(D)  Aggregate cost for federal income tax purposes is $314,483,573. Aggregate gross unrealized appreciation and depreciation for all securities is $35,784,912 and $23,405,341, respectively. Net unrealized appreciation for tax purposes is $12,379,571.

^(E)  The Portfolio recognizes transfers between Levels at the end of the reporting period. There were no transfers between Levels 1, 2 and 3 during the period ended September 30, 2015. See the Security Valuation section of the Notes to Schedules of Investments for more information regarding security valuation and pricing inputs.

The notes are an integral part of this report. Transamerica Partners Portfolios Page    3 September 30, 2015 Form N-Q

Transamerica Partners Large Growth Portfolio

SCHEDULE OF INVESTMENTS

At September 30, 2015

(unaudited)

	Shares		Value
COMMON STOCKS - 99.4%
Aerospace & Defense - 1.9%
Boeing Co.		61,166		$  8,009,688
Honeywell International, Inc.		62,031		5,873,715
TransDigm Group, Inc. (A) (B)		13,180		2,799,564
				16,682,967
Airlines - 0.3%
United Continental Holdings, Inc. (B)		42,440		2,251,442
Automobiles - 0.7%
Tesla Motors, Inc. (A) (B)		24,842		6,170,753
Beverages - 1.1%
Monster Beverage Corp. (B)		72,325		9,774,001
Biotechnology - 6.5%
Alexion Pharmaceuticals, Inc. (B)		42,178		6,596,217
Alkermes PLC (B)		43,693		2,563,468
Biogen, Inc. (B)		39,554		11,542,253
Celgene Corp. (B)		113,826		12,312,559
Gilead Sciences, Inc.		76,726		7,533,726
Incyte Corp. (B)		45,779		5,050,797
Regeneron Pharmaceuticals, Inc., Class A (B)		23,642		10,996,840
Vertex Pharmaceuticals, Inc. (B)		11,765		1,225,207
				57,821,067
Capital Markets - 1.8%
Ameriprise Financial, Inc.		54,249		5,920,193
BlackRock, Inc., Class A		18,530		5,512,119
Morgan Stanley		134,009		4,221,284
				15,653,596
Chemicals - 1.5%
Dow Chemical Co.		45,157		1,914,657
Monsanto Co.		41,287		3,523,433
Sherwin-Williams Co.		19,003		4,233,488
Valspar Corp. (A)		55,597		3,996,312
				13,667,890
Communications Equipment - 1.0%
Cisco Systems, Inc.		151,897		3,987,296
NetScout Systems, Inc. (B)		69,230		2,448,665
Palo Alto Networks, Inc. (B)		12,054		2,073,288
				8,509,249
Consumer Finance - 0.2%
Springleaf Holdings, Inc., Class A (B)		51,150		2,236,278
Containers & Packaging - 0.5%
Crown Holdings, Inc. (B)		103,668		4,742,811
Diversified Financial Services - 1.5%
Citigroup, Inc.		83,846		4,159,600
McGraw-Hill Financial, Inc.		101,745		8,800,943
				12,960,543
Electrical Equipment - 0.3%
Eaton Corp. PLC		49,530		2,540,889
Energy Equipment & Services - 0.8%
Halliburton Co.		131,911		4,663,054
Schlumberger, Ltd.		38,067		2,625,481
				7,288,535

	Shares		Value
COMMON STOCKS (continued)
Food & Staples Retailing - 4.0%
Costco Wholesale Corp.		110,471		$  15,970,793
CVS Health Corp.		84,353		8,138,377
Kroger Co.		153,973		5,553,806
Walgreens Boots Alliance, Inc.		68,323		5,677,641
				35,340,617
Food Products - 0.9%
Mondelez International, Inc., Class A		185,325		7,759,558
Health Care Equipment & Supplies - 1.1%
Abbott Laboratories		177,388		7,134,546
Zimmer Biomet Holdings, Inc., Class A		25,754		2,419,073
				9,553,619
Health Care Providers & Services - 2.3%
Aetna, Inc.		45,547		4,983,297
Envision Healthcare Holdings, Inc. (B)		81,592		3,001,770
McKesson Corp.		25,138		4,651,284
UnitedHealth Group, Inc.		68,630		7,961,766
				20,598,117
Health Care Technology - 0.5%
Cerner Corp. (B)		80,367		4,818,805
Hotels, Restaurants & Leisure - 5.5%
Chipotle Mexican Grill, Inc., Class A (B)		18,204		13,111,431
Hilton Worldwide Holdings, Inc.		263,170		6,037,120
Marriott International, Inc., Class A (A)		93,130		6,351,466
Starbucks Corp.		361,574		20,551,866
Wynn Resorts, Ltd. (A)		43,607		2,316,404
				48,368,287
Household Products - 0.7%
Colgate-Palmolive Co.		102,893		6,529,590
Insurance - 0.6%
Prudential Financial, Inc.		64,900		4,946,029
Internet & Catalog Retail - 6.2%
Amazon.com, Inc. (B)		63,944		32,732,294
JD.com, Inc., ADR (B)		82,672		2,154,432
Netflix, Inc. (B)		110,057		11,364,486
Priceline Group, Inc. (B)		6,747		8,345,095
				54,596,307
Internet Software & Services - 10.8%
Akamai Technologies, Inc. (B)		52,910		3,653,965
Alibaba Group Holding, Ltd., ADR (B)		51,416		3,032,001
Alphabet, Inc., Class A (B)		35,142		22,433,599
Alphabet, Inc., Class C		31,866		19,387,912
Facebook, Inc., Class A (B)		312,465		28,090,603
LinkedIn Corp., Class A (B)		38,917		7,399,289
Tencent Holdings, Ltd.		468,317		7,906,439
Zillow Group, Inc., Class A (A) (B)		37,930		1,089,729
Zillow Group, Inc., Class C (A) (B)		75,860		2,048,220
				95,041,757
IT Services - 7.5%
Accenture PLC, Class A		62,484		6,139,678
Alliance Data Systems Corp. (B)		7,300		1,890,554

The notes are an integral part of this report. Transamerica Partners Portfolios Page    1 September 30, 2015 Form N-Q

Transamerica Partners Large Growth Portfolio

SCHEDULE OF INVESTMENTS (continued)

At September 30, 2015

(unaudited)

	Shares		Value
COMMON STOCKS (continued)
IT Services (continued)
Automatic Data Processing, Inc.		56,821		$  4,566,135
Cognizant Technology Solutions Corp., Class A (B)		74,252		4,648,918
FleetCor Technologies, Inc. (B)		38,554		5,305,801
Genpact, Ltd. (B)		136,601		3,225,150
Jack Henry & Associates, Inc.		49,859		3,470,685
Mastercard, Inc., Class A		254,683		22,952,032
Visa, Inc., Class A (A)		197,230		13,739,042
				65,937,995
Life Sciences Tools & Services - 0.8%
Illumina, Inc. (B)		39,976		7,028,580
Machinery - 1.1%
Illinois Tool Works, Inc., Class A		63,215		5,203,226
Middleby Corp. (B)		44,236		4,653,185
				9,856,411
Media - 2.8%
Comcast Corp., Class A		80,090		4,555,519
Time Warner, Inc.		74,142		5,097,263
Twenty-First Century Fox, Inc., Class A		201,831		5,445,400
Walt Disney Co.		97,726		9,987,597
				25,085,779
Multiline Retail - 1.1%
Dollar General Corp.		74,489		5,395,983
Dollar Tree, Inc. (B)		66,919		4,460,821
				9,856,804
Oil, Gas & Consumable Fuels - 0.5%
Concho Resources, Inc. (B)		41,750		4,104,025
Personal Products - 0.8%
Estee Lauder Cos., Inc., Class A		87,266		7,040,621
Pharmaceuticals - 6.0%
Allergan PLC (B)		65,924		17,918,802
Bristol-Myers Squibb Co.		272,269		16,118,325
Merck & Co., Inc.		71,392		3,526,051
Novo Nordisk A/S, ADR		132,704		7,197,865
Shire PLC, Class B, ADR		38,454		7,891,914
				52,652,957
Professional Services - 1.4%
Equifax, Inc.		43,740		4,250,653
Nielsen Holdings PLC		99,566		4,427,700
Verisk Analytics, Inc., Class A (B)		52,240		3,861,059
				12,539,412
Real Estate Investment Trusts - 0.6%
American Tower Corp., Class A		59,927		5,272,377
Road & Rail - 1.0%
Canadian Pacific Railway, Ltd.		12,060		1,731,454
Hertz Global Holdings, Inc. (B)		240,362		4,021,256
JB Hunt Transport Services, Inc.		47,510		3,392,214
				9,144,924
Semiconductors & Semiconductor Equipment - 1.9%
ARM Holdings PLC, ADR (A)		101,115		4,373,224
Avago Technologies, Ltd., Class A (A)		37,510		4,689,125
NXP Semiconductors NV (B)		50,518		4,398,602

	Shares		Value
COMMON STOCKS (continued)
Semiconductors & Semiconductor Equipment (continued)
Skyworks Solutions, Inc.		26,636		$  2,243,018
SunPower Corp., Class A (A) (B)		39,160		784,766
				16,488,735
Software - 7.1%
Activision Blizzard, Inc. (A)		131,099		4,049,648
Adobe Systems, Inc. (B)		105,889		8,706,194
FireEye, Inc. (A) (B)		63,631		2,024,738
Intuit, Inc.		34,500		3,061,875
Microsoft Corp.		322,476		14,272,788
Red Hat, Inc. (B)		92,648		6,659,538
salesforce.com, Inc. (B)		182,197		12,649,938
Splunk, Inc. (A) (B)		78,265		4,331,968
VMware, Inc., Class A (B)		34,195		2,694,224
Workday, Inc., Class A (A) (B)		66,398		4,572,166
				63,023,077
Specialty Retail - 6.7%
Advance Auto Parts, Inc.		37,507		7,108,702
Industria de Diseno Textil SA		247,711		8,306,111
Lowe’s Cos., Inc.		137,731		9,492,421
Michaels Cos., Inc. (B)		192,310		4,442,361
O’Reilly Automotive, Inc. (B)		27,808		6,952,000
Ross Stores, Inc.		147,166		7,133,136
Tiffany & Co.		46,175		3,565,633
TJX Cos., Inc.		175,572		12,539,352
				59,539,716
Technology Hardware, Storage & Peripherals - 5.7%
Apple, Inc.		457,415		50,452,874
Textiles, Apparel & Luxury Goods - 2.7%
NIKE, Inc., Class B		115,792		14,238,943
PVH Corp. (A)		21,731		2,215,258
Under Armour, Inc., Class A (A) (B)		76,204		7,375,023
				23,829,224
Tobacco - 1.0%
Altria Group, Inc.		159,677		8,686,429
Total Common Stocks (Cost $719,162,368)				878,392,647
SECURITIES LENDING COLLATERAL - 7.8%
State Street Navigator Securities Lending Trust - Prime Portfolio, 0.20% (C)		68,624,908		68,624,908
Total Securities Lending Collateral (Cost $68,624,908)				68,624,908
	Principal		Value
REPURCHASE AGREEMENT - 0.2%
State Street Bank & Trust Co. 0.01% (C), dated 09/30/2015, to be repurchased at $1,431,988 on 10/01/2015. Collateralized by a U.S. Government Obligation, 3.13%, due 05/15/2021, and with a value of $1,462,451.		$  1,431,987		1,431,987
Total Repurchase Agreement (Cost $1,431,987)				1,431,987

The notes are an integral part of this report. Transamerica Partners Portfolios Page    2 September 30, 2015 Form N-Q

Transamerica Partners Large Growth Portfolio

SCHEDULE OF INVESTMENTS (continued)

At September 30, 2012

(unaudited)

	Value
Total Investments (Cost $789,219,263) (D)		$  948,449,542
Net Other Assets (Liabilities) - (7.4)%		(65,139,299	)
Net Assets - 100.0%		$  883,310,243

SECURITY VALUATION:

Valuation Inputs ^(E)

	Level 1 - Unadjusted Quoted Prices		Level 2 - Other Significant Observable Inputs		Level 3 - Significant Unobservable Inputs		Value at September 30, 2015
ASSETS
Investments
Common Stocks	$	862,180,097	$	16,212,550	$	—	$	878,392,647
Securities Lending Collateral		68,624,908		—		—		68,624,908
Repurchase Agreement		—		1,431,987		—		1,431,987
Total Investments	$	930,805,005	$	17,644,537	$	—	$	948,449,542

FOOTNOTES TO SCHEDULE OF INVESTMENTS:

^(A) All or a portion of the security is on loan. The total value of all securities on loan is $67,120,243. The amount of securities on loan indicated may not correspond with the securities on loan identified because securities with pending sales are in the process of recall from the brokers.

^(B) Non-income producing security.

^(C) Rate disclosed reflects the yield at September 30, 2015.

^(D) Aggregate cost for federal income tax purposes is $789,219,263. Aggregate gross unrealized appreciation and depreciation for all securities is $193,981,305 and  $34,751,026, respectively. Net unrealized appreciation for tax purposes is $159,230,279.

^(E) The Portfolio recognizes transfers between Levels at the end of the reporting period. There were no transfers between Levels 1, 2 and 3 during the period ended  September 30, 2015. See the Security Valuation section of the Notes to Schedules of Investments for more information regarding security valuation and pricing inputs.

PORTFOLIO ABBREVIATION:

ADR     American Depositary Receipt

The notes are an integral part of this report. Transamerica Partners Portfolios Page    3 September 30, 2015 Form N-Q

Transamerica Partners Mid Value Portfolio

SCHEDULE OF INVESTMENTS

At September 30, 2015

(unaudited)

	Shares		Value
COMMON STOCKS - 96.4%
Aerospace & Defense - 0.8%
BWX Technologies, Inc.		232,700		$  6,133,972
Airlines - 0.8%
Alaska Air Group, Inc.		24,700		1,962,415
Copa Holdings SA, Class A (A)		108,200		4,536,826
				6,499,241
Banks - 4.9%
CIT Group, Inc.		169,700		6,793,091
Citizens Financial Group, Inc.		130,034		3,102,611
City National Corp.		36,457		3,210,403
Fifth Third Bancorp		310,162		5,865,164
First Republic Bank, Class A		106,929		6,711,933
Huntington Bancshares, Inc., Class A		137,760		1,460,256
M&T Bank Corp. (A)		46,068		5,617,993
SunTrust Banks, Inc.		138,385		5,291,842
Zions Bancorporation (A)		42,640		1,174,306
				39,227,599
Beverages - 0.9%
Constellation Brands, Inc., Class A		28,450		3,562,224
Dr. Pepper Snapple Group, Inc.		50,178		3,966,571
				7,528,795
Building Products - 0.4%
Fortune Brands Home & Security, Inc.		68,721		3,262,186
Capital Markets - 2.2%
Ameriprise Financial, Inc.		45,211		4,933,876
Invesco, Ltd.		108,085		3,375,495
Legg Mason, Inc.		47,279		1,967,279
Northern Trust Corp.		38,043		2,593,011
T. Rowe Price Group, Inc.		63,572		4,418,254
				17,287,915
Chemicals - 1.1%
Airgas, Inc.		48,676		4,348,227
Albemarle Corp.		43,714		1,927,788
Sherwin-Williams Co.		11,626		2,590,040
				8,866,055
Commercial Services & Supplies - 0.9%
ADT Corp. (A)		245,900		7,352,410
Communications Equipment - 1.6%
ARRIS Group, Inc. (B)		170,600		4,430,482
CommScope Holding Co., Inc. (B)		69,312		2,081,439
EchoStar Corp., Class A (B)		145,424		6,257,595
				12,769,516
Consumer Finance - 0.8%
Ally Financial, Inc. (B)		137,604		2,804,369
Navient Corp.		345,500		3,883,420
				6,687,789
Containers & Packaging - 2.9%
Ball Corp.		48,639		3,025,346
Bemis Co., Inc.		128,400		5,080,788
Rexam, PLC, ADR (A)		150,688		5,944,641

	Shares		Value
COMMON STOCKS (continued)
Containers & Packaging (continued)
Silgan Holdings, Inc.		92,621		$  4,819,997
WestRock Co.		77,868		4,005,530
				22,876,302
Distributors - 0.4%
Genuine Parts Co.		43,208		3,581,511
Diversified Consumer Services - 0.8%
H&R Block, Inc.		169,300		6,128,660
Electric Utilities - 4.8%
Edison International		60,017		3,785,272
PPL Corp.		433,600		14,261,104
Westar Energy, Inc., Class A		221,738		8,523,609
Xcel Energy, Inc.		328,815		11,643,339
				38,213,324
Electrical Equipment - 1.5%
AMETEK, Inc., Class A		69,327		3,627,189
Babcock & Wilcox Enterprises, Inc. (B)		113,700		1,910,160
Hubbell, Inc., Class B		45,757		3,887,057
Regal Beloit Corp.		42,235		2,384,166
				11,808,572
Electronic Equipment, Instruments & Components - 1.5%
Amphenol Corp., Class A		74,190		3,780,722
Arrow Electronics, Inc. (B)		111,520		6,164,826
CDW Corp.		50,100		2,047,086
				11,992,634
Energy Equipment & Services - 0.5%
Nabors Industries, Ltd.		431,300		4,075,785
Food & Staples Retailing - 2.3%
Kroger Co.		153,369		5,532,020
Rite Aid Corp. (B)		451,113		2,738,256
Sysco Corp. (A)		173,400		6,757,398
Whole Foods Market, Inc.		101,000		3,196,650
				18,224,324
Food Products - 2.2%
ConAgra Foods, Inc.		103,100		4,176,581
Hershey Co.		38,812		3,566,047
Kellogg Co.		120,600		8,025,930
McCormick & Co., Inc. (A)		26,700		2,194,206
				17,962,764
Gas Utilities - 1.0%
National Fuel Gas Co. (A)		50,557		2,526,839
Questar Corp.		266,517		5,173,095
				7,699,934
Health Care Providers & Services - 4.4%
AmerisourceBergen Corp., Class A		46,891		4,454,176
Brookdale Senior Living, Inc., Class A (A) (B)		97,068		2,228,681
Cardinal Health, Inc.		51,600		3,963,912
Cigna Corp.		34,636		4,676,553
Henry Schein, Inc. (B)		19,346		2,567,601
Humana, Inc., Class A		28,154		5,039,566
Laboratory Corp. of America Holdings (B)		67,300		7,300,031
MEDNAX, Inc. (B)		38,700		2,971,773
Universal Health Services, Inc., Class B		17,082		2,132,005
				35,334,298

The notes are an integral part of this report. Transamerica Partners Portfolios Page    1 September 30, 2015 Form N-Q

Transamerica Partners Mid Value Portfolio

SCHEDULE OF INVESTMENTS (continued)

At September 30, 2015

(unaudited)

	Shares		Value
COMMON STOCKS (continued)
Hotels, Restaurants & Leisure - 0.6%
Marriott International, Inc., Class A (A)		42,111		$  2,871,970
Starwood Hotels & Resorts Worldwide, Inc.		32,629		2,169,176
				5,041,146
Household Durables - 1.4%
Jarden Corp. (B)		86,517		4,228,951
Mohawk Industries, Inc. (B)		36,832		6,695,689
				10,924,640
Household Products - 0.2%
Energizer Holdings, Inc.		41,126		1,591,987
Independent Power and Renewable Electricity Producers - 0.4%
Talen Energy Corp. (B)		331,855		3,351,735
Industrial Conglomerates - 0.5%
Carlisle Cos., Inc.		50,291		4,394,428
Insurance - 11.1%
Alleghany Corp. (B)		26,948		12,614,628
Allstate Corp.		179,200		10,436,608
Assured Guaranty, Ltd.		201,900		5,047,500
Chubb Corp., Class A		32,384		3,971,898
Fairfax Financial Holdings, Ltd.		18,900		8,610,462
FNF Group		72,900		2,585,763
Hartford Financial Services Group, Inc.		109,642		5,019,411
Loews Corp.		419,531		15,161,850
Marsh & McLennan Cos., Inc.		98,786		5,158,605
Old Republic International Corp.		79,324		1,240,627
Progressive Corp.		320,095		9,807,711
Unum Group		111,290		3,570,183
WR Berkley Corp.		30,681		1,668,126
XL Group PLC, Class A		119,390		4,336,245
				89,229,617
Internet & Catalog Retail - 0.7%
Expedia, Inc.		48,362		5,691,240
IT Services - 4.1%
Amdocs, Ltd.		105,800		6,017,904
Computer Sciences Corp.		99,900		6,131,862
DST Systems, Inc.		20,200		2,123,828
Jack Henry & Associates, Inc.		101,364		7,055,948
Total System Services, Inc.		129,500		5,883,185
Western Union Co. (A)		301,600		5,537,376
				32,750,103
Life Sciences Tools & Services - 0.8%
Bio-Rad Laboratories, Inc., Class A (B)		45,444		6,103,584
Machinery - 1.1%
IDEX Corp.		58,459		4,168,127
Rexnord Corp. (B)		92,401		1,568,969
Snap-on, Inc.		23,100		3,486,714
				9,223,810
Media - 6.3%
AMC Networks, Inc., Class A (B)		41,200		3,014,604
CBS Corp., Class B		49,901		1,991,050
Discovery Communications, Inc., Class C (B)		343,800		8,350,902
DISH Network Corp., Class A (B)		67,636		3,945,884
Liberty Media Corp., Class C (B)		196,000		6,754,160
MSG Networks, Inc. (B)		86,400		6,232,896
News Corp., Class B (A)		660,300		8,465,046

	Shares		Value
COMMON STOCKS (continued)
Media (continued)
Shaw Communications, Inc., Class B (A)		368,000		$  7,139,200
TEGNA, Inc.		122,361		2,739,663
Time, Inc.		92,110		1,754,695
				50,388,100
Multi-Utilities - 6.3%
Alliant Energy Corp.		185,500		10,849,895
CenterPoint Energy, Inc.		279,981		5,050,857
CMS Energy Corp. (A)		433,518		15,311,856
SCANA Corp.		61,400		3,454,364
Sempra Energy		25,547		2,470,906
WEC Energy Group, Inc.		248,617		12,982,780
				50,120,658
Multiline Retail - 1.1%
Kohl’s Corp.		114,575		5,305,968
Nordstrom, Inc.		47,569		3,411,173
				8,717,141
Oil, Gas & Consumable Fuels - 3.3%
Chesapeake Energy Corp. (A)		368,400		2,700,372
Columbia Pipeline Group, Inc.		207,770		3,800,113
Energen Corp.		129,540		6,458,864
EQT Corp.		85,565		5,542,045
Marathon Petroleum Corp.		43,300		2,006,089
PBF Energy, Inc., Class A		65,977		1,862,531
Southwestern Energy Co. (B)		187,239		2,376,063
Valero Energy Corp.		32,100		1,929,210
				26,675,287
Personal Products - 0.3%
Edgewell Personal Care Co.		33,791		2,757,346
Professional Services - 0.5%
Equifax, Inc.		42,704		4,149,975
Real Estate Investment Trusts - 6.8%
American Campus Communities, Inc.		69,547		2,520,383
American Homes 4 Rent, Class A		67,463		1,084,805
Annaly Capital Management, Inc.		1,260,700		12,443,109
AvalonBay Communities, Inc.		27,037		4,726,608
Boston Properties, Inc.		21,585		2,555,664
Brixmor Property Group, Inc.		140,705		3,303,753
Equinix, Inc.		15,854		4,334,484
General Growth Properties, Inc.		136,512		3,545,217
HCP, Inc.		53,437		1,990,528
Kimco Realty Corp.		179,648		4,388,801
Outfront Media, Inc.		86,261		1,794,229
Rayonier, Inc. (A)		100,031		2,207,684
Regency Centers Corp.		40,529		2,518,877
Vornado Realty Trust, Class A		45,384		4,103,621
Weyerhaeuser Co.		105,366		2,880,707
				54,398,470
Semiconductors & Semiconductor Equipment - 2.6%
Analog Devices, Inc., Class A		66,741		3,764,860
KLA-Tencor Corp.		37,373		1,868,650
Micron Technology, Inc. (B)		330,300		4,947,894
NVIDIA Corp.		227,900		5,617,735
Xilinx, Inc.		109,085		4,625,204
				20,824,343
Software - 2.3%
CA, Inc.		188,700		5,151,510

The notes are an integral part of this report. Transamerica Partners Portfolios Page    2 September 30, 2015 Form N-Q

Transamerica Partners Mid Value Portfolio

SCHEDULE OF INVESTMENTS (continued)

At September 30, 2015

(unaudited)

	Shares		Value
COMMON STOCKS (continued)
Software (continued)
Citrix Systems, Inc. (B)		45,600		$  3,159,168
Synopsys, Inc. (B)		218,689		10,099,058
				18,409,736
Specialty Retail - 3.9%
Abercrombie & Fitch Co., Class A (A)		185,000		3,920,150
AutoZone, Inc. (B)		7,090		5,131,954
Bed Bath & Beyond, Inc. (A) (B)		159,094		9,071,540
Best Buy Co., Inc. (A)		135,741		5,038,706
Gap, Inc., Class A (A)		132,408		3,773,628
Tiffany & Co.		53,081		4,098,915
				31,034,893
Technology Hardware, Storage & Peripherals - 1.7%
NetApp, Inc.		241,000		7,133,600
Western Digital Corp.		79,000		6,275,760
				13,409,360
Textiles, Apparel & Luxury Goods - 1.6%
Fossil Group, Inc. (A) (B)		84,400		4,716,272
Michael Kors Holdings, Ltd. (B)		73,100		3,087,744
PVH Corp.		33,407		3,405,509
VF Corp.		28,318		1,931,571
				13,141,096
Thrifts & Mortgage Finance - 0.5%
Hudson City Bancorp, Inc.		172,150		1,750,766
Ocwen Financial Corp., Class B (A) (B)		308,151		2,067,693
				3,818,459
Trading Companies & Distributors - 0.5%
MSC Industrial Direct Co., Inc., Class A (A)		65,309		3,985,808
Water Utilities - 1.1%
American Water Works Co., Inc.		166,100		9,148,788
Total Common Stocks (Cost $711,592,395)				772,795,336
SECURITIES LENDING COLLATERAL - 10.8%
State Street Navigator Securities Lending Trust - Prime Portfolio, 0.20% (C)		86,626,986		86,626,986
Total Securities Lending Collateral (Cost $86,626,986)				86,626,986
	Principal		Value
REPURCHASE AGREEMENT - 3.0%
State Street Bank & Trust Co. 0.01% (C), dated 09/30/2015, to be repurchased at $23,914,998 on 10/01/2015. Collateralized by U.S. Government Obligations, 1.88% - 3.13%, due 06/30/2020 - 05/15/2021, and with a total value of $24,395,428.		$  23,914,991		23,914,991
Total Repurchase Agreement (Cost $23,914,991)				23,914,991
Total Investments (Cost $822,134,372) (D)				883,337,313
Net Other Assets (Liabilities) - (10.2)%				(82,112,510	)
Net Assets - 100.0%				$  801,224,803

The notes are an integral part of this report. Transamerica Partners Portfolios Page    3 September 30, 2015 Form N-Q

Transamerica Partners Mid Value Portfolio

SCHEDULE OF INVESTMENTS (continued)

At September 30, 2015

(unaudited)

SECURITY VALUATION:

Valuation Inputs ^(E)

	Level 1 - Unadjusted Quoted Prices		Level 2 - Other Significant Observable Inputs		Level 3 - Significant Unobservable Inputs		Value at September 30, 2015
ASSETS
Investments
Common Stocks	$	772,795,336	$	—	$	—	$	772,795,336
Securities Lending Collateral		86,626,986		—		—		86,626,986
Repurchase Agreement		—		23,914,991		—		23,914,991
Total Investments	$	859,422,322	$	23,914,991	$	—	$	883,337,313

FOOTNOTES TO SCHEDULE OF INVESTMENTS:

^(A)  All or a portion of the security is on loan. The total value of all securities on loan is $84,517,852. The amount of securities on loan indicated may not correspond with the securities on loan identified because securities with pending sales are in the process of recall from the brokers.

^(B)  Non-income producing security.

^(C)  Rate disclosed reflects the yield at September 30, 2015.

^(D)  Aggregate cost for federal income tax purposes is $822,134,372. Aggregate gross unrealized appreciation and depreciation for all securities is $117,041,334 and $55,838,393, respectively. Net unrealized appreciation for tax purposes is $61,202,941.

^(E)  The Portfolio recognizes transfers between Levels at the end of the reporting period. There were no transfers between Levels 1, 2 and 3 during the period ended September 30, 2015. See the Security Valuation section of the Notes to Schedules of Investments for more information regarding security valuation and pricing inputs.

PORTFOLIO ABBREVIATION:

ADR American Depositary Receipt

The notes are an integral part of this report. Transamerica Partners Portfolios Page    4 September 30, 2015 Form N-Q

Transamerica Partners Mid Growth Portfolio

SCHEDULE OF INVESTMENTS

At September 30, 2015

(unaudited)

	Shares		Value
COMMON STOCKS - 100.2%
Aerospace & Defense - 2.3%
Spirit Aerosystems Holdings, Inc., Class A (A)		52,756		$  2,550,225
Airlines - 2.0%
JetBlue Airways Corp. (A)		84,437		2,175,942
Auto Components - 2.8%
BorgWarner, Inc.		75,309		3,132,101
Banks - 7.8%
CIT Group, Inc.		65,576		2,625,007
Comerica, Inc., Class A		64,489		2,650,498
First Republic Bank, Class A		52,110		3,270,945
				8,546,450
Chemicals - 4.0%
Methanex Corp.		60,052		1,991,324
RPM International, Inc.		58,883		2,466,609
				4,457,933
Communications Equipment - 3.1%
F5 Networks, Inc., Class B (A) (B)		29,519		3,418,300
Construction Materials - 2.8%
Eagle Materials, Inc.		45,197		3,092,379
Diversified Consumer Services - 1.7%
ServiceMaster Global Holdings, Inc. (A)		55,458		1,860,616
Food & Staples Retailing - 2.1%
Rite Aid Corp. (A)		383,281		2,326,516
Food Products - 2.0%
WhiteWave Foods Co., Class A (A)		55,582		2,231,617
Health Care Equipment & Supplies - 2.6%
Align Technology, Inc. (A) (B)		50,358		2,858,320
Health Care Providers & Services - 6.7%
Cardinal Health, Inc.		26,080		2,003,466
Laboratory Corp. of America Holdings (A)		22,705		2,462,811
Universal Health Services, Inc., Class B		23,109		2,884,234
				7,350,511
Hotels, Restaurants & Leisure - 2.0%
Wyndham Worldwide Corp. (B)		31,096		2,235,802
Household Durables - 4.0%
Mohawk Industries, Inc. (A)		14,654		2,663,951
Whirlpool Corp.		11,487		1,691,575
				4,355,526
Insurance - 3.5%
Hartford Financial Services Group, Inc.		84,870		3,885,349
Internet Software & Services - 2.8%
IAC/InterActiveCorp (B)		47,594		3,106,460
IT Services - 2.5%
Sabre Corp.		102,234		2,778,720
Life Sciences Tools & Services - 1.7%
Bio-Techne Corp.		20,761		1,919,562

	Shares		Value
COMMON STOCKS (continued)
Machinery - 2.5%
WABCO Holdings, Inc. (A)		25,857		$  2,710,589
Media - 2.6%
Starz, Class A (A) (B)		77,916		2,909,384
Oil, Gas & Consumable Fuels - 3.6%
EQT Corp. (B)		61,463		3,980,959
Pharmaceuticals - 1.6%
Mylan NV (A)		44,336		1,784,967
Professional Services - 3.6%
Equifax, Inc.		40,897		3,974,371
Road & Rail - 4.8%
Old Dominion Freight Line, Inc. (A) (B)		45,607		2,782,027
Ryder System, Inc., Class A (B)		33,457		2,477,156
				5,259,183
Semiconductors & Semiconductor Equipment - 6.5%
Broadcom Corp., Class A		71,119		3,657,650
KLA-Tencor Corp.		71,144		3,557,200
				7,214,850
Software - 2.8%
Fortinet, Inc. (A) (B)		73,329		3,115,016
Specialty Retail - 9.2%
Foot Locker, Inc.		51,297		3,691,845
Signet Jewelers, Ltd.		27,027		3,679,186
Ulta Salon Cosmetics & Fragrance, Inc. (A)		16,769		2,739,216
				10,110,247
Textiles, Apparel & Luxury Goods - 3.2%
Gildan Activewear, Inc., Class A		116,920		3,526,307
Trading Companies & Distributors - 3.4%
Air Lease Corp., Class A (B)		121,637		3,761,016
Total Common Stocks (Cost $109,080,833)				110,629,218
SECURITIES LENDING COLLATERAL - 10.6%
State Street Navigator Securities Lending Trust - Prime Portfolio, 0.20% (C)		11,648,484		11,648,484
Total Securities Lending Collateral (Cost $11,648,484)				11,648,484
Total Investments (Cost $120,729,317) (D)				122,277,702
Net Other Assets (Liabilities) - (10.8)%				(11,878,711	)
Net Assets - 100.0%				$  110,398,991

The notes are an integral part of this report. Transamerica Partners Portfolios Page    1 September 30, 2015 Form N-Q

Transamerica Partners Mid Growth Portfolio

SCHEDULE OF INVESTMENTS (continued)

At September 30, 2015

(unaudited)

SECURITY VALUATION:

Valuation Inputs ^(E)

	Level 1 - Unadjusted Quoted Prices		Level 2 - Other Significant Observable Inputs		Level 3 - Significant Unobservable Inputs		Value at September 30, 2015
ASSETS
Investments
Common Stocks	$	110,629,218	$	—	$	—	$	110,629,218
Securities Lending Collateral		11,648,484		—		—		11,648,484
Total Investments	$	122,277,702	$	—	$	—	$	122,277,702

FOOTNOTES TO SCHEDULE OF INVESTMENTS:

^(A)  Non-income producing security.

^(B)  All or a portion of the security is on loan. The total value of all securities on loan is $11,385,904. The amount of securities on loan indicated may not correspond with the securities on loan identified because securities with pending sales are in the process of recall from the brokers.

^(C)  Rate disclosed reflects the yield at September 30, 2015.

^(D)  Aggregate cost for federal income tax purposes is $120,729,317. Aggregate gross unrealized appreciation and depreciation for all securities is $10,590,111 and $9,041,726, respectively. Net unrealized appreciation for tax purposes is $1,548,385.

^(E)  The Portfolio recognizes transfers between Levels at the end of the reporting period. There were no transfers between Levels 1, 2 and 3 during the period ended September 30, 2015. See the Security Valuation section of the Notes to Schedules of Investments for more information regarding security valuation and pricing inputs.

The notes are an integral part of this report. Transamerica Partners Portfolios Page    2 September 30, 2015 Form N-Q

Transamerica Partners Small Value Portfolio

SCHEDULE OF INVESTMENTS

At September 30, 2015

(unaudited)

	Shares		Value
COMMON STOCKS - 100.2%
Aerospace & Defense - 1.5%
Cubic Corp.		25,336		$  1,062,592
Airlines - 1.4%
Hawaiian Holdings, Inc. (A)		39,900		984,732
Auto Components - 1.2%
American Axle & Manufacturing Holdings, Inc. (A)		42,300		843,462
Horizon Global Corp. (A)		526		4,639
				848,101
Banks - 19.3%
Ameris Bancorp		15,371		441,916
Banc of California, Inc.		73,200		898,164
Banner Corp.		4,911		234,598
CenterState Banks, Inc.		13,488		198,274
First Busey Corp.		33,268		661,035
First Midwest Bancorp, Inc.		69,994		1,227,695
First Niagara Financial Group, Inc.		39,110		399,313
Flushing Financial Corp., Class A		35,233		705,365
Glacier Bancorp, Inc.		20,761		547,883
Great Southern Bancorp, Inc.		3,625		156,962
Great Western Bancorp, Inc.		30,148		764,855
Hancock Holding Co.		26,259		710,306
International Bancshares Corp.		55,100		1,379,153
Investors Bancorp, Inc.		92,400		1,140,216
MB Financial, Inc.		28,769		939,020
Southwest Bancorp, Inc.		1,584		25,993
Trico Bancshares		10,172		249,926
TriState Capital Holdings, Inc. (A)		12,297		153,344
Triumph Bancorp, Inc. (A)		4,152		69,754
Webster Financial Corp.		46,000		1,638,980
Wintrust Financial Corp.		15,260		815,342
				13,358,094
Biotechnology - 0.9%
AMAG Pharmaceuticals, Inc. (A)		16,200		643,626
Building Products - 0.2%
Griffon Corp.		9,300		146,661
Capital Markets - 0.3%
Oppenheimer Holdings, Inc., Class A		5,280		105,653
Solar Capital, Ltd.		6,830		108,050
				213,703
Chemicals - 0.1%
Innospec, Inc.		1,109		51,580
Commercial Services & Supplies - 7.3%
Deluxe Corp.		22,400		1,248,576
Essendant, Inc.		20,322		659,043
G&K Services, Inc., Class A		15,852		1,056,060
Matthews International Corp., Class A		13,336		653,064
Multi-Color Corp.		9,166		701,107
SP Plus Corp. (A)		32,319		748,185
				5,066,035

	Shares		Value
COMMON STOCKS (continued)
Communications Equipment - 3.0%
Ciena Corp. (A)		44,700		$  926,184
Ixia (A)		78,200		1,133,118
				2,059,302
Construction & Engineering - 1.5%
EMCOR Group, Inc.		15,995		707,779
Primoris Services Corp. (B)		19,467		348,654
				1,056,433
Containers & Packaging - 0.0% (C)
Greif, Inc., Class A		671		21,412
Diversified Financial Services - 0.8%
Gain Capital Holdings, Inc., Class A		73,800		537,264
Electrical Equipment - 0.3%
Babcock & Wilcox Enterprises, Inc. (A)		9,103		152,930
Thermon Group Holdings, Inc. (A)		3,414		70,158
				223,088
Electronic Equipment, Instruments & Components - 3.0%
Belden, Inc.		14,630		683,075
Coherent, Inc.		7,198		393,730
CTS Corp.		24,580		454,976
ScanSource, Inc. (A)		15,467		548,460
				2,080,241
Energy Equipment & Services - 2.5%
Atwood Oceanics, Inc.		28,900		428,009
Era Group, Inc. (A)		14,535		217,589
Hornbeck Offshore Services, Inc. (A)		32,000		432,960
SEACOR Holdings, Inc. (B)		6,892		412,211
Tesco Corp., Class B (B)		28,201		201,355
				1,692,124
Food & Staples Retailing - 0.4%
Ingles Markets, Inc., Class A		5,464		261,343
Gas Utilities - 1.6%
Laclede Group, Inc. (B)		705		38,444
ONE Gas, Inc.		6,710		304,164
Southwest Gas Corp.		8,847		515,957
WGL Holdings, Inc.		3,985		229,815
				1,088,380
Health Care Equipment & Supplies - 0.7%
Merit Medical Systems, Inc. (A)		20,208		483,173
Health Care Providers & Services - 1.7%
Corvel Corp. (A)		10,760		347,548
HealthSouth Corp.		21,500		824,955
				1,172,503
Health Care Technology - 0.3%
MedAssets, Inc. (A)		11,695		234,602
Hotels, Restaurants & Leisure - 1.2%
Jack in the Box, Inc.		10,600		816,624
Household Durables - 1.7%
Taylor Morrison Home Corp., Class A (A)		32,381		604,230
WCI Communities, Inc. (A)		23,753		537,530
				1,141,760

The notes are an integral part of this report. Transamerica Partners Portfolios Page    1 September 30, 2015 Form N-Q

Transamerica Partners Small Value Portfolio

SCHEDULE OF INVESTMENTS (continued)

At September 30, 2015

(unaudited)

	Shares		Value
COMMON STOCKS (continued)
Household Products - 0.4%
Central Garden & Pet Co., Class A (A)		15,471		$  249,238
Insurance - 5.5%
American Equity Investment Life Holding Co.		45,600		1,062,936
AMERISAFE, Inc.		12,040		598,749
Employers Holdings, Inc.		5,189		115,663
Primerica, Inc. (B)		20,399		919,383
Selective Insurance Group, Inc.		15,088		468,633
Stewart Information Services Corp.		15,132		619,050
				3,784,414
Internet & Catalog Retail - 0.3%
1-800-Flowers.com, Inc., Class A (A)		21,170		192,647
Internet Software & Services - 1.3%
j2 Global, Inc.		12,922		915,524
IT Services - 2.3%
Convergys Corp.		17,836		412,190
Forrester Research, Inc.		21,906		688,725
NeuStar, Inc., Class A (A)		17,286		470,352
				1,571,267
Leisure Products - 0.3%
Nautilus, Inc., Class A (A)		15,186		227,790
Life Sciences Tools & Services - 1.0%
INC Research Holdings, Inc., Class A (A)		17,412		696,480
Machinery - 5.6%
Albany International Corp., Class A		34,412		984,527
ESCO Technologies, Inc.		22,500		807,750
Luxfer Holdings PLC, ADR		25,574		275,944
Mueller Industries, Inc.		39,136		1,157,643
TriMas Corp. (A)		38,837		634,985
Xerium Technologies, Inc. (A)		1,699		22,053
				3,882,902
Media - 1.0%
Entravision Communications Corp., Class A		105,208		698,581
Metals & Mining - 0.5%
Materion Corp.		11,721		351,864
Multi-Utilities - 1.6%
PNM Resources, Inc.		40,235		1,128,592
Multiline Retail - 0.7%
Fred’s, Inc., Class A		43,446		514,835
Oil, Gas & Consumable Fuels - 2.3%
Alon USA Energy, Inc.		33,389		603,339
Delek US Holdings, Inc.		20,300		562,310
Dorian LPG, Ltd. (A)		29,723		306,444
Scorpio Tankers, Inc.		13,511		123,896
				1,595,989
Paper & Forest Products - 1.5%
Deltic Timber Corp. (B)		10,219		611,198
Neenah Paper, Inc.		6,870		400,384
				1,011,582

	Shares		Value
COMMON STOCKS (continued)
Pharmaceuticals - 1.4%
Lannett Co., Inc. (A)		17,900		$  743,208
Phibro Animal Health Corp., Class A (B)		6,116		193,449
				936,657
Professional Services - 2.0%
FTI Consulting, Inc. (A)		10,922		453,372
Mistras Group, Inc. (A)		38,371		493,067
TrueBlue, Inc. (A)		17,770		399,292
				1,345,731
Real Estate Investment Trusts - 14.9%
Armada Hoffler Properties, Inc.		5,251		51,302
DCT Industrial Trust, Inc.		35,200		1,184,832
DiamondRock Hospitality Co.		41,110		454,266
DuPont Fabros Technology, Inc.		37,000		957,560
Education Realty Trust, Inc.		20,274		668,028
First Industrial Realty Trust, Inc.		55,000		1,152,250
Monogram Residential Trust, Inc.		45,501		423,614
Pebblebrook Hotel Trust		28,200		999,690
RLJ Lodging Trust		39,700		1,003,219
Ryman Hospitality Properties, Inc.		12,200		600,606
Summit Hotel Properties, Inc.		55,350		645,935
Sun Communities, Inc.		16,933		1,147,380
Sunstone Hotel Investors, Inc.		73,900		977,697
				10,266,379
Semiconductors & Semiconductor Equipment - 0.2%
Rudolph Technologies, Inc. (A)		9,692		120,665
Software - 0.7%
ePlus, Inc.		6,021		476,080
Specialty Retail - 2.5%
Asbury Automotive Group, Inc. (A)		12,600		1,022,490
Caleres, Inc.		15,075		460,240
Cato Corp., Class A		2,512		85,483
Kirkland’s, Inc.		8,327		179,364
				1,747,577
Technology Hardware, Storage & Peripherals - 0.7%
Diebold, Inc. (B)		16,460		490,014
Thrifts & Mortgage Finance - 1.7%
First Defiance Financial Corp., Class A		1,527		55,827
Northwest Bancshares, Inc.		77,300		1,004,900
WSFS Financial Corp.		3,930		113,223
				1,173,950
Trading Companies & Distributors - 0.9%
MRC Global, Inc. (A)		54,200		604,330
Total Common Stocks (Cost $63,303,283)				69,226,461
SECURITIES LENDING COLLATERAL - 3.0%
State Street Navigator Securities Lending Trust - Prime Portfolio, 0.20% (D)		2,058,353		2,058,353
Total Securities Lending Collateral (Cost $2,058,353)				2,058,353

The notes are an integral part of this report. Transamerica Partners Portfolios Page    2 September 30, 2015 Form N-Q

Transamerica Partners Small Value Portfolio

SCHEDULE OF INVESTMENTS (continued)

At September 30, 2015

(unaudited)

	Principal		Value
REPURCHASE AGREEMENT - 1.5%
State Street Bank & Trust Co. 0.01% (D), dated 09/30/2015, to be repurchased at $1,008,943 on 10/01/2015. Collateralized by a U.S. Government Obligation, 2.63%, due 08/15/2020, and with a value of $1,032,281.		$  1,008,942		$  1,008,942
Total Repurchase Agreement (Cost $1,008,942)				1,008,942
Total Investments (Cost $66,370,578) (E)				72,293,756
Net Other Assets (Liabilities) - (4.7)%				(3,220,754	)
Net Assets - 100.0%				$  69,073,002

SECURITY VALUATION:

Valuation Inputs ^(F)

	Level 1 - Unadjusted Quoted Prices		Level 2 - Other Significant Observable Inputs		Level 3 - Significant Unobservable Inputs		Value at September 30, 2015
ASSETS
Investments
Common Stocks	$	69,226,461	$	—	$	—	$	69,226,461
Securities Lending Collateral		2,058,353		—		—		2,058,353
Repurchase Agreement		—		1,008,942		—		1,008,942
Total Investments	$	71,284,814	$	1,008,942	$	—	$	72,293,756

FOOTNOTES TO SCHEDULE OF INVESTMENTS:

^(A) Non-income producing security.

^(B) All or a portion of the security is on loan. The total value of all securities on loan is $1,995,324. The amount of securities on loan indicated may not correspond with the securities on loan identified because securities with pending sales are in the process of recall from the brokers.

^(C) Percentage rounds to less than 0.1% or (0.1)%.

^(D) Rate disclosed reflects the yield at September 30, 2015.

^(E) Aggregate cost for federal income tax purposes is $66,370,578. Aggregate gross unrealized appreciation and depreciation for all securities is $7,231,398 and $1,308,220, respectively. Net unrealized appreciation for tax purposes is $5,923,178.

^(F) The Portfolio recognizes transfers between Levels at the end of the reporting period. There were no transfers between Levels 1, 2 and 3 during the period ended September 30, 2015. See the Security Valuation section of the Notes to Schedules of Investments for more information regarding security valuation and pricing inputs.

PORTFOLIO ABBREVIATION:

ADR American Depositary Receipt

The notes are an integral part of this report. Transamerica Partners Portfolios Page    3 September 30, 2015 Form N-Q

Transamerica Partners Small Core Portfolio

SCHEDULE OF INVESTMENTS

At September 30, 2015

(unaudited)

	Shares		Value
COMMON STOCKS - 98.9%
Aerospace & Defense - 0.8%
AAR Corp.		34,210		$  648,964
Ducommun, Inc. (A)		26,230		526,436
Triumph Group, Inc.		16,470		693,057
				1,868,457
Air Freight & Logistics - 0.3%
Atlas Air Worldwide Holdings, Inc. (A)		17,540		606,182
Auto Components - 0.6%
Cooper Tire & Rubber Co.		20,210		798,497
Modine Manufacturing Co. (A)		63,780		501,949
				1,300,446
Banks - 7.1%
BancorpSouth, Inc.		33,590		798,434
Banner Corp.		17,715		846,246
BBCN Bancorp, Inc.		53,335		801,092
Berkshire Hills Bancorp, Inc.		28,672		789,627
Cardinal Financial Corp.		35,285		811,908
Cathay General Bancorp		28,405		851,014
CenterState Banks, Inc.		47,885		703,909
Central Pacific Financial Corp.		39,225		822,548
Chemical Financial Corp.		25,155		813,764
Commerce Bancshares, Inc. (B)		17,965		818,485
Eagle Bancorp, Inc. (A)		18,710		851,305
First BanCorp (A)		204,760		728,946
First Merchants Corp.		30,785		807,183
First NBC Bank Holding Co. (A)		22,640		793,306
Hanmi Financial Corp., Basis B		32,125		809,550
Heartland Financial USA, Inc.		17,550		636,889
Investors Bancorp, Inc.		66,285		817,957
Popular, Inc.		27,715		837,824
S&T Bancorp, Inc. (B)		26,900		877,478
Trico Bancshares		26,910		661,179
Umpqua Holdings Corp. (B)		48,130		784,519
				16,663,163
Biotechnology - 0.5%
AMAG Pharmaceuticals, Inc. (A) (B)		14,005		556,419
PDL Biopharma, Inc. (B)		144,295		725,804
				1,282,223
Capital Markets - 1.6%
Cowen Group, Inc., Class A (A) (B)		155,145		707,461
Eaton Vance Corp.		23,375		781,193
Janus Capital Group, Inc. (B)		56,333		766,129
Legg Mason, Inc.		18,625		774,986
Waddell & Reed Financial, Inc., Class A		21,290		740,253
				3,770,022
Chemicals - 1.7%
A. Schulman, Inc.		24,741		803,340
Cabot Corp.		23,215		732,665
Kronos Worldwide, Inc. (B)		121,000		751,410
Minerals Technologies, Inc.		15,685		755,390
Stepan Co.		19,545		813,268
				3,856,073
Commercial Services & Supplies - 3.4%
ABM Industries, Inc.		28,085		767,001

	Shares		Value
COMMON STOCKS (continued)
Commercial Services & Supplies (continued)
ACCO Brands Corp. (A)		117,955		$  833,942
Brady Corp., Class A		36,385		715,329
Brink’s Co.		28,795		777,753
Ennis, Inc.		51,060		886,402
Essendant, Inc. (B)		23,625		766,159
Pitney Bowes, Inc. (B)		41,530		824,370
Quad/Graphics, Inc.		57,575		696,658
R.R. Donnelley & Sons Co. (B)		49,725		723,996
Tetra Tech, Inc.		36,765		893,757
				7,885,367
Communications Equipment - 1.9%
Brocade Communications Systems, Inc.		77,721		806,744
Comtech Telecommunications Corp.		28,424		585,819
Harmonic, Inc. (A)		117,873		683,663
NETGEAR, Inc. (A)		28,435		829,449
Plantronics, Inc.		16,250		826,312
Polycom, Inc. (A)		76,197		798,545
				4,530,532
Construction & Engineering - 2.3%
AECOM (A) (B)		29,415		809,207
Aegion Corp., Class A (A) (B)		43,670		719,682
Comfort Systems USA, Inc., Class A		28,040		764,370
EMCOR Group, Inc.		17,540		776,145
Jacobs Engineering Group, Inc. (A) (B)		20,040		750,097
KBR, Inc.		47,100		784,686
Tutor Perini Corp. (A)		42,675		702,430
				5,306,617
Consumer Finance - 0.7%
Cash America International, Inc. (B)		34,070		952,938
Nelnet, Inc., Class A		21,940		759,343
				1,712,281
Containers & Packaging - 1.0%
Avery Dennison Corp.		13,540		765,958
Greif, Inc., Class A (B)		24,925		795,357
Sonoco Products Co.		21,405		807,824
				2,369,139
Diversified Consumer Services - 2.1%
Apollo Education Group, Inc., Class A (A)		70,537		780,139
Capella Education Co.		16,803		832,084
K12, Inc. (A)		59,347		738,277
Regis Corp. (A)		67,460		883,726
Steiner Leisure, Ltd., Class A (A)		12,490		789,118
Strayer Education, Inc. (A)		14,809		814,051
				4,837,395
Diversified Telecommunication Services - 1.0%
IDT Corp., Class B		40,490		579,007
Inteliquent, Inc.		41,040		916,423
Vonage Holdings Corp. (A)		142,140		835,783
				2,331,213
Electrical Equipment - 0.6%
General Cable Corp. (B)		53,590		637,721
Regal Beloit Corp. (B)		12,615		712,117
				1,349,838
Electronic Equipment, Instruments & Components - 6.0%
AVX Corp. (B)		61,765		808,504
Benchmark Electronics, Inc. (A)		37,245		810,451
Celestica, Inc. (A)		63,440		817,742

The notes are an integral part of this report. Transamerica Partners Portfolios Page    1 September 30, 2015 Form N-Q

Transamerica Partners Small Core Portfolio

SCHEDULE OF INVESTMENTS (continued)

At September 30, 2015

(unaudited)

	Shares		Value
COMMON STOCKS (continued)
Electronic Equipment, Instruments & Components (continued)
Checkpoint Systems, Inc.		75,290		$  545,853
Coherent, Inc. (A)		14,475		791,782
II-VI, Inc. (A)		48,015		772,081
Ingram Micro, Inc., Class A		29,240		796,498
Insight Enterprises, Inc. (A)		33,670		870,369
Itron, Inc. (A) (B)		28,000		893,480
Jabil Circuit, Inc.		46,470		1,039,534
Methode Electronics, Inc.		25,750		821,425
Orbotech, Ltd. (A)		51,255		791,890
Plexus Corp. (A)		21,585		832,749
Rofin-Sinar Technologies, Inc. (A)		32,505		842,855
Sanmina Corp. (A)		42,355		905,126
Tech Data Corp. (A)		11,730		803,505
Vishay Intertechnology, Inc. (B)		79,980		775,006
				13,918,850
Energy Equipment & Services - 2.5%
Atwood Oceanics, Inc. (B)		41,555		615,429
Basic Energy Services, Inc. (A) (B)		148,410		489,753
Nabors Industries, Ltd.		75,655		714,940
Newpark Resources, Inc. (A)		119,800		613,376
Noble Corp. PLC (B)		70,055		764,300
Parker Drilling Co. (A)		248,710		654,107
Patterson-UTI Energy, Inc. (B)		56,635		744,184
Pioneer Energy Services Corp. (A)		309,070		649,047
Superior Energy Services, Inc.		49,790		628,848
				5,873,984
Food & Staples Retailing - 0.7%
SpartanNash Co.		28,635		740,215
SUPERVALU, Inc. (A)		109,475		786,030
				1,526,245
Food Products - 0.3%
Dean Foods Co.		48,590		802,707
Gas Utilities - 0.7%
New Jersey Resources Corp.		29,015		871,320
Southwest Gas Corp.		14,905		869,260
				1,740,580
Health Care Equipment & Supplies - 5.4%
Alere, Inc. (A)		15,250		734,288
Analogic Corp. (B)		9,465		776,509
AngioDynamics, Inc. (A)		51,005		672,756
Anika Therapeutics, Inc. (A)		22,335		710,923
CONMED Corp.		16,160		771,478
Cyberonics, Inc. (A)		12,095		735,134
Greatbatch, Inc. (A)		13,165		742,769
Hill-Rom Holdings, Inc.		15,037		781,774
ICU Medical, Inc., Class B (A)		7,105		777,997
LeMaitre Vascular, Inc.		46,010		560,862
Meridian Bioscience, Inc.		45,025		769,927
Merit Medical Systems, Inc. (A)		33,975		812,342
Natus Medical, Inc. (A)		20,515		809,317
OraSure Technologies, Inc. (A) (B)		155,440		690,154
STERIS Corp.		12,325		800,755
SurModics, Inc. (A)		25,755		562,489
Thoratec Corp. (A)		12,610		797,709
				12,507,183
Health Care Providers & Services - 6.0%
Addus HomeCare Corp. (A)		23,490		731,714
Almost Family, Inc. (A)		17,665		707,483
Amedisys, Inc. (A)		19,750		749,907
Amsurg Corp., Class A (A)		10,680		829,943

	Shares		Value
COMMON STOCKS (continued)
Health Care Providers & Services (continued)
Chemed Corp. (B)		5,697		$  760,379
Healthways, Inc. (A)		67,350		748,932
Kindred Healthcare, Inc.		40,600		639,450
Landauer, Inc. (B)		18,080		668,779
LHC Group, Inc. (A)		17,890		800,935
LifePoint Health, Inc. (A)		10,145		719,281
Magellan Health, Inc. (A)		14,060		779,346
Molina Healthcare, Inc. (A) (B)		10,785		742,547
Owens & Minor, Inc. (B)		23,475		749,792
Patterson Cos., Inc.		17,500		756,875
PharMerica Corp. (A)		24,185		688,547
Select Medical Holdings Corp. (B)		58,435		630,514
Triple-S Management Corp., Class B (A) (B)		37,632		670,226
US Physical Therapy, Inc.		17,770		797,695
VCA, Inc. (A)		14,410		758,686
				13,931,031
Health Care Technology - 1.5%
Computer Programs & Systems, Inc. (B)		17,310		729,270
HMS Holdings Corp. (A)		75,460		661,784
MedAssets, Inc. (A)		37,489		752,029
Omnicell, Inc. (A)		23,165		720,432
Quality Systems, Inc.		60,180		751,047
				3,614,562
Hotels, Restaurants & Leisure - 1.6%
Brinker International, Inc. (B)		14,790		778,989
Cheesecake Factory, Inc.		14,870		802,385
Isle of Capri Casinos, Inc. (A)		43,735		762,739
Marriott Vacations Worldwide Corp.		10,810		736,593
Ruby Tuesday, Inc. (A)		113,980		707,816
				3,788,522
Household Durables - 1.0%
Ethan Allen Interiors, Inc. (B)		26,900		710,429
Tupperware Brands Corp. (B)		15,475		765,858
ZAGG, Inc. (A)		114,240		775,689
				2,251,976
Household Products - 0.3%
Central Garden & Pet Co., Class A (A)		47,815		770,300
Insurance - 3.1%
Argo Group International Holdings, Ltd.		14,640		828,477
Aspen Insurance Holdings, Ltd.		17,480		812,296
Assurant, Inc.		10,875		859,234
Assured Guaranty, Ltd.		31,195		779,875
Employers Holdings, Inc.		32,585		726,320
Hanover Insurance Group, Inc.		9,980		775,446
Horace Mann Educators Corp.		25,785		856,578
Maiden Holdings, Ltd. (B)		56,080		778,390
Selective Insurance Group, Inc. (B)		25,815		801,814
				7,218,430
Internet & Catalog Retail - 0.7%
Blue Nile, Inc. (A) (B)		24,095		808,146
Nutrisystem, Inc.		29,455		781,147
				1,589,293
Internet Software & Services - 1.2%
DHI Group, Inc. (A)		95,820		700,444
Liquidity Services, Inc. (A)		85,280		630,219
Monster Worldwide, Inc. (A) (B)		114,075		732,362
WebMD Health Corp., Class A (A) (B)		20,325		809,748
				2,872,773

The notes are an integral part of this report. Transamerica Partners Portfolios Page    2 September 30, 2015 Form N-Q

Transamerica Partners Small Core Portfolio

SCHEDULE OF INVESTMENTS (continued)

At September 30, 2015

(unaudited)

	Shares		Value
COMMON STOCKS (continued)
IT Services - 2.1%
CACI International, Inc., Class A (A)		10,910		$  807,013
Convergys Corp. (B)		36,235		837,391
CSG Systems International, Inc.		26,738		823,530
ManTech International Corp., Class A		31,720		815,204
Sykes Enterprises, Inc. (A)		31,468		802,434
Teradata Corp. (A) (B)		27,195		787,567
				4,873,139
Life Sciences Tools & Services - 2.5%
Affymetrix, Inc. (A) (B)		84,710		723,423
Bio-Rad Laboratories, Inc., Class A (A)		5,740		770,940
Bruker Corp. (A)		46,155		758,327
Cambrex Corp. (A)		17,710		702,733
Charles River Laboratories International, Inc. (A)		11,370		722,222
ICON PLC (A)		10,320		732,410
Luminex Corp. (A)		44,055		744,970
PAREXEL International Corp. (A) (B)		11,920		738,086
				5,893,111
Machinery - 3.1%
Actuant Corp., Class A		39,410		724,750
AGCO Corp. (B)		17,220		802,969
Blount International, Inc. (A)		96,525		537,644
Briggs & Stratton Corp. (B)		40,540		782,828
Federal Signal Corp.		58,085		796,345
Kadant, Inc.		17,430		679,944
Kennametal, Inc. (B)		27,400		681,986
Meritor, Inc. (A)		67,265		715,027
Timken Co.		26,240		721,338
Wabash National Corp. (A) (B)		68,970		730,392
				7,173,223
Media - 0.9%
Harte-Hanks, Inc.		164,600		581,038
John Wiley & Sons, Inc., Class A		15,840		792,475
Scholastic Corp. (B)		18,410		717,254
				2,090,767
Metals & Mining - 2.5%
Commercial Metals Co.		53,195		720,792
Haynes International, Inc.		19,645		743,367
Kaiser Aluminum Corp. (B)		9,635		773,209
Materion Corp.		25,735		772,565
Reliance Steel & Aluminum Co.		13,760		743,177
Schnitzer Steel Industries, Inc., Class A (B)		50,670		686,072
Steel Dynamics, Inc.		42,310		726,886
U.S. Steel Corp. (B)		55,143		574,590
				5,740,658
Multi-Utilities - 0.7%
Avista Corp.		26,430		878,798
MDU Resources Group, Inc. (B)		47,040		809,088
				1,687,886
Multiline Retail - 0.4%
Big Lots, Inc. (B)		17,710		848,663
Oil, Gas & Consumable Fuels - 1.6%
Aegean Marine Petroleum Network, Inc.		54,015		364,061
Alon USA Energy, Inc. (B)		44,745		808,542
Cloud Peak Energy, Inc. (A) (B)		209,230		550,275
Denbury Resources, Inc. (B)		224,045		546,670

	Shares		Value
COMMON STOCKS (continued)
Oil, Gas & Consumable Fuels (continued)
Green Plains, Inc.		39,220		$  763,221
QEP Resources, Inc.		64,305		805,742
				3,838,511
Paper & Forest Products - 1.0%
Domtar Corp.		20,280		725,010
P.H. Glatfelter Co.		46,740		804,863
Schweitzer-Mauduit International, Inc.		23,730		815,837
				2,345,710
Personal Products - 1.2%
Avon Products, Inc. (B)		172,410		560,333
Medifast, Inc. (A)		25,835		693,928
Nu Skin Enterprises, Inc., Class A		18,255		753,566
USANA Health Sciences, Inc. (A)		5,730		767,992
				2,775,819
Pharmaceuticals - 0.6%
SciClone Pharmaceuticals, Inc. (A)		102,325		710,135
Sucampo Pharmaceuticals, Inc., Class A (A) (B)		32,140		638,622
				1,348,757
Professional Services - 1.2%
Heidrick & Struggles International, Inc.		29,645		576,595
Insperity, Inc.		19,105		839,283
Resources Connection, Inc.		45,705		688,774
TrueBlue, Inc. (A)		32,060		720,388
				2,825,040
Real Estate Investment Trusts - 8.6%
Agree Realty Corp.		25,835		771,175
BioMed Realty Trust, Inc., Class B		43,125		861,637
Corporate Office Properties Trust		37,482		788,246
DuPont Fabros Technology, Inc.		30,109		779,221
Dynex Capital, Inc. (B)		109,670		719,435
EPR Properties		16,390		845,232
First Potomac Realty Trust		72,590		798,490
Franklin Street Properties Corp.		79,211		851,518
Government Properties Income Trust (B)		50,220		803,520
Hatteras Financial Corp.		50,755		768,938
Highwoods Properties, Inc.		22,025		853,469
Hospitality Properties Trust		31,905		816,130
Inland Real Estate Corp.		91,439		740,656
Investors Real Estate Trust		121,185		937,972
Lexington Realty Trust (B)		100,485		813,929
Liberty Property Trust, Series C		26,240		826,822
Mack-Cali Realty Corp.		42,530		802,966
MFA Financial, Inc.		118,005		803,614
Parkway Properties, Inc.		51,760		805,386
Piedmont Office Realty Trust, Inc., Class A		47,050		841,725
PS Business Parks, Inc.		10,850		861,273
Saul Centers, Inc.		12,450		644,288
Select Income REIT (B)		43,180		820,852
Senior Housing Properties Trust		50,245		813,969
Two Harbors Investment Corp.		85,595		754,948
				20,125,411
Road & Rail - 0.6%
ArcBest Corp.		27,315		703,907
YRC Worldwide, Inc. (A)		52,530		696,548
				1,400,455
Semiconductors & Semiconductor Equipment - 3.8%
Advanced Energy Industries, Inc. (A)		33,285		875,395

The notes are an integral part of this report. Transamerica Partners Portfolios Page    3 September 30, 2015 Form N-Q

Transamerica Partners Small Core Portfolio

SCHEDULE OF INVESTMENTS (continued)

At September 30, 2015

(unaudited)

	Shares		Value
COMMON STOCKS (continued)
Semiconductors & Semiconductor Equipment (continued)
Cabot Microelectronics Corp., Class A (A)		19,794		$  766,820
Cohu, Inc.		54,987		542,172
Fairchild Semiconductor International, Inc., Class A (A)		61,185		859,037
FormFactor, Inc., Class A (A)		128,380		870,416
Integrated Device Technology, Inc. (A)		41,145		835,244
MKS Instruments, Inc.		24,440		819,473
NeoPhotonics Corp. (A)		112,470		765,921
PMC-Sierra, Inc. (A)		127,305		861,855
Synaptics, Inc. (A) (B)		11,615		957,773
Tessera Technologies, Inc.		22,935		743,323
				8,897,429
Software - 0.3%
Rovi Corp. (A) (B)		68,050		713,845
Specialty Retail - 6.5%
Aaron’s, Inc.		20,910		755,060
America’s Car-Mart, Inc. (A) (B)		14,455		478,316
American Eagle Outfitters, Inc. (B)		49,095		767,355
Build-A-Bear Workshop, Inc. (A)		40,665		768,162
Cato Corp., Class A		24,040		818,081
Chico’s FAS, Inc. (B)		52,770		830,072
Children’s Place, Inc. (B)		13,810		796,423
Citi Trends, Inc.		32,995		771,423
DSW, Inc., Class A		27,255		689,824
Express, Inc. (A)		43,360		774,843
Guess?, Inc. (B)		35,551		759,369
Hibbett Sports, Inc. (A) (B)		19,855		695,124
Kirkland’s, Inc.		34,115		734,837
Pier 1 Imports, Inc. (B)		79,580		549,102
Rent-A-Center, Inc. (B)		30,285		734,411
Select Comfort Corp. (A)		33,580		734,731
Shoe Carnival, Inc.		27,775		661,045
Stage Stores, Inc. (B)		75,225		740,214
Urban Outfitters, Inc. (A) (B)		26,000		763,880
Vitamin Shoppe, Inc. (A)		22,940		748,762
Zumiez, Inc. (A) (B)		35,280		551,426
				15,122,460
Technology Hardware, Storage & Peripherals - 1.3%
Lexmark International, Inc., Class A		26,901		779,591
Logitech International SA		56,875		745,631
NCR Corp. (A)		32,270		734,143
QLogic Corp. (A)		81,505		835,426
				3,094,791
Textiles, Apparel & Luxury Goods - 1.6%
Culp, Inc.		24,915		799,024
Fossil Group, Inc. (A) (B)		12,890		720,293
Movado Group, Inc.		29,590		764,310
Perry Ellis International, Inc. (A)		29,480		647,381
Wolverine World Wide, Inc. (B)		32,615		705,788
				3,636,796
Thrifts & Mortgage Finance - 0.6%
First Defiance Financial Corp., Class A		16,440		601,047
Flagstar Bancorp, Inc. (A)		40,170		825,895
				1,426,942
Trading Companies & Distributors - 0.6%
Kaman Corp.		22,450		804,832
WESCO International, Inc. (A) (B)		15,365		714,012
				1,518,844

	Shares		Value
COMMON STOCKS (continued)
Wireless Telecommunication Services - 0.6%
Shenandoah Telecommunications Co.		20,180		$  863,906
Spok Holdings, Inc.		37,370		615,110
				1,479,016
Total Common Stocks (Cost $252,895,881)				230,932,657
SECURITIES LENDING COLLATERAL - 20.1%
State Street Navigator Securities Lending Trust - Prime Portfolio, 0.20% (C)		47,040,603		47,040,603
Total Securities Lending Collateral (Cost $47,040,603)				47,040,603
	Principal		Value
REPURCHASE AGREEMENT - 1.1%
State Street Bank & Trust Co. 0.01% (C), dated 09/30/2015, to be repurchased at $2,528,977 on 10/01/2015. Collateralized by a U.S. Government Obligation, 2.63%, due 08/15/2020, and with a value of $2,583,350.		$  2,528,976		2,528,976
Total Repurchase Agreement (Cost $2,528,976)				2,528,976
Total Investments (Cost $302,465,460) (D)				280,502,236
Net Other Assets (Liabilities) - (20.1)%				(46,907,352	)
Net Assets - 100.0%				$  233,594,884

The notes are an integral part of this report. Transamerica Partners Portfolios Page    4 September 30, 2015 Form N-Q

Transamerica Partners Small Core Portfolio

SCHEDULE OF INVESTMENTS (continued)

At September 30, 2015

(unaudited)

SECURITY VALUATION:

Valuation Inputs ^(E)

	Level 1 - Unadjusted Quoted Prices		Level 2 - Other Significant Observable Inputs		Level 3 - Significant Unobservable Inputs		Value at September 30, 2015
ASSETS
Investments
Common Stocks	$	230,932,657	$	—	$	—	$	230,932,657
Securities Lending Collateral		47,040,603		—		—		47,040,603
Repurchase Agreement		—		2,528,976		—		2,528,976
Total Investments	$	277,973,260	$	2,528,976	$	—	$	280,502,236

FOOTNOTES TO SCHEDULE OF INVESTMENTS:

^(A) Non-income producing security.

^(B) All or a portion of the security is on loan. The total value of all securities on loan is $45,717,086. The amount of securities on loan indicated may not correspond with the securities on loan identified because securities with pending sales are in the process of recall from the brokers.

^(C) Rate disclosed reflects the yield at September 30, 2015.

^(D)  Aggregate cost for federal income tax purposes is $302,465,460. Aggregate gross unrealized appreciation and depreciation for all securities is $12,803,734 and $34,766,958, respectively. Net unrealized depreciation for tax purposes is $21,963,224.

^(E) The Portfolio recognizes transfers between Levels at the end of the reporting period. There were no transfers between Levels 1, 2 and 3 during the period ended September 30, 2015. See the Security Valuation section of the Notes to Schedules of Investments for more information regarding security valuation and pricing inputs.

The notes are an integral part of this report. Transamerica Partners Portfolios Page    5 September 30, 2015 Form N-Q

Transamerica Partners Small Growth Portfolio

SCHEDULE OF INVESTMENTS

At September 30, 2015

(unaudited)

	Shares		Value
COMMON STOCKS - 97.1%
Auto Components - 1.1%
Dorman Products, Inc. (A) (B)		13,910		$  707,880
Banks - 10.1%
BancorpSouth, Inc. (A)		53,713		1,276,758
Pinnacle Financial Partners, Inc. (A)		28,789		1,422,464
PrivateBancorp, Inc., Class A		61,820		2,369,561
South State Corp. (A)		21,953		1,687,527
				6,756,310
Biotechnology - 1.9%
Eagle Pharmaceuticals, Inc. (A) (B)		17,050		1,262,212
Building Products - 2.9%
AAON, Inc. (A)		29,629		574,210
Advanced Drainage Systems, Inc. (A)		46,440		1,343,509
				1,917,719
Communications Equipment - 1.5%
Ruckus Wireless, Inc. (A) (B)		84,055		998,573
Diversified Financial Services - 3.3%
MarketAxess Holdings, Inc. (A)		23,990		2,228,191
Diversified Telecommunication Services - 1.8%
Cogent Communications Holdings, Inc. (A)		44,410		1,206,176
Electrical Equipment - 1.8%
EnerSys		21,897		1,173,241
Food Products - 4.8%
Calavo Growers, Inc. (A)		13,880		619,603
J&J Snack Foods Corp.		13,073		1,485,877
TreeHouse Foods, Inc. (A) (B)		14,090		1,096,061
				3,201,541
Health Care Equipment & Supplies - 3.0%
Cantel Medical Corp.		23,874		1,353,656
Neogen Corp. (A) (B)		14,218		639,668
				1,993,324
Health Care Providers & Services - 3.4%
Aceto Corp. (A)		48,690		1,336,540
Providence Service Corp. (A) (B)		20,691		901,714
				2,238,254
Health Care Technology - 2.0%
Medidata Solutions, Inc. (A) (B)		31,769		1,337,793
Hotels, Restaurants & Leisure - 5.5%
Krispy Kreme Doughnuts, Inc. (A) (B)		43,362		634,386
Popeyes Louisiana Kitchen, Inc. (A) (B)		31,180		1,757,305
Sonic Corp. (A)		54,032		1,240,034
				3,631,725
Internet Software & Services - 4.0%
Envestnet, Inc. (A) (B)		21,000		629,370
LogMeIn, Inc. (A) (B)		16,780		1,143,725
SPS Commerce, Inc. (A) (B)		13,454		913,392
				2,686,487

	Shares		Value
COMMON STOCKS (continued)
IT Services - 4.8%
Luxoft Holding, Inc., Class A (A) (B)		11,088		$  701,760
MAXIMUS, Inc., Class A		41,900		2,495,564
				3,197,324
Life Sciences Tools & Services - 6.2%
Cambrex Corp. (A) (B)		39,809		1,579,621
ICON PLC (B)		17,925		1,272,137
PRA Health Sciences, Inc. (A) (B)		32,870		1,276,342
				4,128,100
Machinery - 2.7%
Proto Labs, Inc. (A) (B)		26,397		1,768,599
Oil, Gas & Consumable Fuels - 3.5%
Matador Resources Co. (A) (B)		49,370		1,023,934
PDC Energy, Inc. (A) (B)		24,670		1,307,757
				2,331,691
Pharmaceuticals - 5.7%
IGI Laboratories, Inc. (A) (B)		90,229		590,098
Lannett Co., Inc. (A) (B)		11,655		483,916
Prestige Brands Holdings, Inc. (A) (B)		39,285		1,774,110
Sagent Pharmaceuticals, Inc. (A) (B)		6,925		106,160
Supernus Pharmaceuticals, Inc. (A) (B)		62,272		873,676
				3,827,960
Professional Services - 3.4%
WageWorks, Inc. (A) (B)		49,660		2,238,673
Road & Rail - 2.5%
Celadon Group, Inc. (A)		41,788		669,444
Saia, Inc. (A) (B)		31,970		989,471
				1,658,915
Semiconductors & Semiconductor Equipment - 5.0%
CEVA, Inc. (A) (B)		34,558		641,742
Rambus, Inc. (A) (B)		61,170		721,806
Silicon Laboratories, Inc. (A) (B)		47,374		1,967,916
				3,331,464
Software - 4.4%
Ellie Mae, Inc. (A) (B)		32,112		2,137,696
Qualys, Inc. (A) (B)		28,300		805,418
				2,943,114
Specialty Retail - 5.5%
Asbury Automotive Group, Inc. (B)		25,870		2,099,351
Monro Muffler Brake, Inc. (A)		23,164		1,564,728
				3,664,079
Textiles, Apparel & Luxury Goods - 6.3%
G-III Apparel Group, Ltd. (B)		37,544		2,314,963
Steven Madden, Ltd., Class B (A) (B)		51,370		1,881,169
				4,196,132
Total Common Stocks (Cost $58,380,347)				64,625,477

The notes are an integral part of this report. Transamerica Partners Portfolios Page    1 September 30, 2015 Form N-Q

Transamerica Partners Small Growth Portfolio

SCHEDULE OF INVESTMENTS (continued)

At September 30, 2015

(unaudited)

	Shares		Value
SECURITIES LENDING COLLATERAL - 28.7%
State Street Navigator Securities Lending Trust - Prime Portfolio, 0.20% (C)		19,085,018		$  19,085,018
Total Securities Lending Collateral (Cost $19,085,018)				19,085,018
	Principal		Value
REPURCHASE AGREEMENT - 2.8%
State Street Bank & Trust Co. 0.01% (C), dated 09/30/2015, to be repurchased at $1,885,678 on 10/01/2015. Collateralized by a U.S. Government Obligation, 3.13%, due 05/15/2021, and with a value of $1,928,025.		$  1,885,677		1,885,677
Total Repurchase Agreement (Cost $1,885,677)				1,885,677
Total Investments (Cost $79,351,042) (D)				85,596,172
Net Other Assets (Liabilities) - (28.6)%				(19,061,182	)
Net Assets - 100.0%				$  66,534,990

SECURITY VALUATION:

Valuation Inputs ^(E)

	Level 1 - Unadjusted Quoted Prices		Level 2 - Other Significant Observable Inputs		Level 3 - Significant Unobservable Inputs		Value at September 30, 2015
ASSETS
Investments
Common Stocks	$	64,625,477	$	—	$	—	$	64,625,477
Securities Lending Collateral		19,085,018		—		—		19,085,018
Repurchase Agreement		—		1,885,677		—		1,885,677
Total Investments	$	83,710,495	$	1,885,677	$	—	$	85,596,172

FOOTNOTES TO SCHEDULE OF INVESTMENTS:

^(A) All or a portion of the security is on loan. The total value of all securities on loan is $18,630,965. The amount of securities on loan indicated may not correspond with the securities on loan identified because securities with pending sales are in the process of recall from the brokers.

^(B) Non-income producing security.

^(C) Rate disclosed reflects the yield at September 30, 2015.

^(D) Aggregate cost for federal income tax purposes is $79,351,042. Aggregate gross unrealized appreciation and depreciation for all securities is $9,451,844 and $3,206,714, respectively. Net unrealized appreciation for tax purposes is $6,245,130.

^(E) The Portfolio recognizes transfers between Levels at the end of the reporting period. There were no transfers between Levels 1, 2 and 3 during the period ended September 30, 2015. See the Security Valuation section of the Notes to Schedules of Investments for more information regarding security valuation and pricing inputs.

The notes are an integral part of this report. Transamerica Partners Portfolios Page    2 September 30, 2015 Form N-Q

Transamerica Partners International Equity Portfolio

SCHEDULE OF INVESTMENTS

At September 30, 2015

(unaudited)

	Shares		Value
COMMON STOCKS - 92.7%
Argentina - 0.4%
Arcos Dorados Holdings, Inc., Class A (A)		597,900		$  1,626,288
Australia - 2.5%
APA Group		285,641		1,723,966
Asciano, Ltd.		415,213		2,458,188
BHP Billiton PLC, ADR (A)		84,700		2,597,749
Challenger, Ltd.		663,239		3,347,120
				10,127,023
Brazil - 1.3%
Localiza Rent a Car SA		360,500		2,222,378
Marfrig Global Foods SA (B)		1,650,100		2,984,290
				5,206,668
Canada - 3.1%
Canadian National Railway Co.		73,300		4,162,364
Fairfax Financial Holdings, Ltd.		8,400		3,825,415
Hudson’s Bay Co.		205,500		3,477,100
Newalta Corp. (A)		178,300		1,227,858
				12,692,737
Chile - 0.6%
Banco Santander Chile, ADR		137,000		2,496,140
China - 2.8%
Fosun International, Ltd.		3,353,000		5,780,946
Shenzhen Expressway Co., Ltd., Class H		2,756,000		1,799,737
Sinotrans, Ltd., Class H		3,050,000		1,451,233
Universal Health International Group Holding, Ltd. (A)		6,700,000		2,212,565
				11,244,481
Denmark - 1.0%
Carlsberg A/S, Class B		51,977		3,993,987
France - 6.3%
Arkema SA		46,495		3,013,711
Bollore SA		826,900		4,031,501
Cie Generale des Etablissements Michelin, Class B		31,538		2,885,549
Engie		211,000		3,414,081
Rexel SA		190,024		2,339,296
Sanofi		56,201		5,350,335
Veolia Environnement SA		200,070		4,562,821
				25,597,294
Georgia - 0.6%
Bank of Georgia Holdings PLC		96,700		2,643,638
Germany - 5.2%
Allianz SE, Class A		19,302		3,032,206
Bayer AG		25,031		3,211,435
Merck KGaA		34,200		3,027,939
Metro AG		100,524		2,781,287
Siemens AG, Class A		41,787		3,733,121
Talanx AG (B)		95,000		2,846,036
TUI AG		137,400		2,517,810
				21,149,834

	Shares		Value
COMMON STOCKS (continued)
Greece - 0.8%
OPAP SA		323,500		$  2,932,311
Piraeus Bank SA (B)		2,228,202		195,053
				3,127,364
Hong Kong - 6.1%
Cheung Kong Property Holdings, Ltd.		308,000		2,256,506
China Mobile, Ltd.		425,000		5,070,521
CK Hutchison Holdings, Ltd.		308,000		4,022,345
First Pacific Co., Ltd.		4,200,000		2,571,447
Guangdong Investment, Ltd.		3,322,000		4,976,041
Noble Group, Ltd. (A)		6,990,500		2,045,453
Shun Tak Holdings, Ltd.		6,726,000		2,560,469
SJM Holdings, Ltd. (A)		1,544,500		1,101,629
				24,604,411
India - 1.1%
Cairn India, Ltd.		1,500,000		3,549,120
Hindustan Zinc, Ltd.		500,000		1,060,666
				4,609,786
Indonesia - 0.3%
AKR Corporindo Tbk PT		2,800,000		1,121,295
Ireland - 2.9%
DCC PLC		21,000		1,586,893
Ryanair Holdings PLC, ADR		61,600		4,823,280
Smurfit Kappa Group PLC, Class B		195,215		5,259,487
				11,669,660
Israel - 1.3%
Israel Corp., Ltd.		5,137		1,231,848
Teva Pharmaceutical Industries, Ltd., ADR		73,200		4,132,872
				5,364,720
Italy - 2.8%
Eni SpA, Class B		324,215		5,100,009
Mediobanca SpA		256,200		2,520,682
Prysmian SpA		190,138		3,930,018
				11,550,709
Japan - 18.1%
Aisin Seiki Co., Ltd.		92,700		3,110,266
Daiichi Sankyo Co., Ltd. (A)		136,700		2,372,012
Denki Kagaku Kogyo KK		856,000		3,377,694
Electric Power Development Co., Ltd.		62,200		1,898,303
FANUC Corp.		6,300		969,184
FUJIFILM Holdings Corp.		142,200		5,315,742
Hitachi, Ltd.		833,800		4,207,377
Japan Airlines Co., Ltd.		125,700		4,447,884
Komatsu, Ltd. (A)		128,900		1,892,050
Kuraray Co., Ltd.		334,700		4,171,383
Mitsubishi Heavy Industries, Ltd.		615,000		2,750,428
MS&AD Insurance Group Holdings, Inc.		188,700		5,062,793
NEC Corp.		1,533,000		4,719,812
Nippon Telegraph & Telephone Corp.		129,000		4,543,845
Nitori Holdings Co., Ltd.		52,800		4,134,463
ORIX Corp. (A)		374,200		4,826,931
Resona Holdings, Inc.		928,400		4,730,425
SoftBank Group Corp.		81,900		3,787,038
Sony Corp. (A)		189,400		4,642,593
Sumitomo Mitsui Financial Group, Inc. (A)		66,500		2,521,699
				73,481,922

The notes are an integral part of this report. Transamerica Partners Portfolios Page    1 September 30, 2015 Form N-Q

Transamerica Partners International Equity Portfolio

SCHEDULE OF INVESTMENTS (continued)

At September 30, 2015

(unaudited)

	Shares		Value
COMMON STOCKS (continued)
Korea, Republic of - 1.6%
Korean Reinsurance Co.		188,102		$  2,264,695
SK Telecom Co., Ltd.		18,600		4,126,144
				6,390,839
Macau - 0.4%
MGM China Holdings, Ltd.		1,359,572		1,583,793
Mexico - 1.9%
Alpek SAB de CV, Class A		1,743,400		2,242,043
Credito Real SAB de CV SOFOM ENR (A)		1,107,813		2,164,524
Grupo Aeroportuario del Centro Norte SAB de CV, Class B (A) (B)		361,320		1,794,749
Grupo Televisa SAB, ADR		64,000		1,665,280
				7,866,596
Netherlands - 2.9%
Boskalis Westminster		63,294		2,770,538
Delta Lloyd NV		148,334		1,246,404
Heineken Holding NV, Class A		50,444		3,596,471
Koninklijke Philips NV		175,571		4,130,631
				11,744,044
Nigeria - 0.5%
Guaranty Trust Bank PLC		16,340,000		1,970,022
Panama - 0.4%
Copa Holdings SA, Class A (A)		43,800		1,836,534
Russian Federation - 1.0%
Lukoil PJSC, ADR		114,980		3,916,219
South Africa - 1.2%
Steinhoff International Holdings, Ltd. (A)		782,600		4,805,509
Spain - 0.7%
Amadeus IT Holding SA, Class A		62,687		2,685,833
Sweden - 2.9%
Investor AB, Class B		164,281		5,644,854
Svenska Cellulosa AB SCA, Class B		75,297		2,106,969
Telefonaktiebolaget LM Ericsson, Class B		412,800		4,049,412
				11,801,235
Switzerland - 4.5%
GAM Holding AG (B)		231,177		4,069,075
Nestle SA		60,764		4,569,795
Novartis AG		45,115		4,146,603
UBS Group AG		291,474		5,388,805
				18,174,278
Taiwan - 1.6%
ChipMOS TECHNOLOGIES Bermuda, Ltd.		176,100		2,891,562
Yuanta Financial Holding Co., Ltd.		10,065,510		3,742,614
				6,634,176
Thailand - 0.9%
Thai Union Group PCL		6,985,000		3,547,588
Turkey - 0.7%
Tofas Turk Otomobil Fabrikasi AS		511,535		3,036,662
United Kingdom - 12.9%
Admiral Group PLC		98,039		2,229,776
Aviva PLC		626,375		4,284,131
Barclays PLC		1,295,700		4,795,108
GKN PLC		350,200		1,422,466

	Shares		Value
COMMON STOCKS (continued)
United Kingdom (continued)
HSBC Holdings PLC		597,200		$  4,484,354
IG Group Holdings PLC		271,100		3,159,521
Imperial Tobacco Group PLC		107,194		5,541,796
Inchcape PLC		373,788		4,073,044
Johnson Matthey PLC		77,532		2,874,561
Kingfisher PLC		781,120		4,243,230
National Grid PLC, Class B		369,084		5,140,283
Sky PLC		324,060		5,126,961
Unilever PLC		118,358		4,820,693
				52,195,924
United States - 1.4%
Eros International PLC (A) (B)		46,500		1,264,335
Flextronics International, Ltd. (B)		430,700		4,539,578
				5,803,913
Total Common Stocks (Cost $418,204,011)				376,301,122
CONVERTIBLE PREFERRED STOCK - 1.3%
Canada - 1.3%
Suncor Energy, Inc.
3.17% (C)		201,300		5,383,587
Total Convertible Preferred Stock (Cost $6,841,685)				5,383,587
PREFERRED STOCKS - 4.5%
Brazil - 0.6%
Itausa - Investimentos Itau SA
5.29% (C)		1,309,748		2,358,835
Germany - 0.4%
Porsche Automobil Holding SE
4.84% (C)		38,900		1,655,025
Korea, Republic of - 3.5%
Hyundai Motor Co.
3.80% (C)		75,900		7,097,668
Samsung Electronics Co., Ltd.
2.08% (C)		9,286		7,208,403
				14,306,071
Total Preferred Stocks (Cost $25,259,614)				18,319,931
RIGHT - 0.0%
China - 0.0%
Fosun International, Ltd. (B)		375,536		—
Total Right (Cost $ —)				—
SECURITIES LENDING COLLATERAL - 6.9%
State Street Navigator Securities Lending Trust - Prime Portfolio, 0.20% (C)		27,955,139		27,955,139
Total Securities Lending Collateral (Cost $27,955,139)				27,955,139

The notes are an integral part of this report. Transamerica Partners Portfolios Page    2 September 30, 2015 Form N-Q

Transamerica Partners International Equity Portfolio

SCHEDULE OF INVESTMENTS (continued)

At September 30, 2015

(unaudited)

	Principal		Value
REPURCHASE AGREEMENT - 1.5%
State Street Bank & Trust Co. 0.01% (C), dated 09/30/2015, to be repurchased at $6,003,450 on 10/01/2015. Collateralized by a U.S. Government Obligation, 3.13%, due 05/15/2021, and with a value of $6,123,672.		$  6,003,448		$  6,003,448
Total Repurchase Agreement (Cost $6,003,448)				6,003,448
Total Investments (Cost $484,263,897) (D)				433,963,227
Net Other Assets (Liabilities) - (6.9)%				(27,867,989	)
Net Assets - 100.0%				$  406,095,238

The notes are an integral part of this report. Transamerica Partners Portfolios Page    3 September 30, 2015 Form N-Q

Transamerica Partners International Equity Portfolio

SCHEDULE OF INVESTMENTS (continued)

At September 30, 2015

(unaudited)

INVESTMENTS BY INDUSTRY:

Industry	Percentage of Total Investments			Value
Banks		6.0	%		$      26,195,274
Insurance		5.7			24,791,456
Pharmaceuticals		5.1			22,241,196
Industrial Conglomerates		5.0			21,814,405
Diversified Financial Services		4.5			19,549,873
Oil, Gas & Consumable Fuels		4.1			17,948,935
Technology Hardware, Storage & Peripherals		4.0			17,243,957
Chemicals		3.9			16,911,240
Capital Markets		3.6			15,721,176
Multi-Utilities		3.0			13,117,185
Wireless Telecommunication Services		3.0			12,983,703
Automobiles		2.7			11,789,355
Airlines		2.6			11,107,698
Food Products		2.6			11,101,673
Hotels, Restaurants & Leisure		2.3			9,761,831
Household Durables		2.2			9,448,102
Road & Rail		2.0			8,842,930
Electronic Equipment, Instruments & Components		2.0			8,746,955
Specialty Retail		1.9			8,377,693
Media		1.9			8,056,576
Beverages		1.8			7,590,458
Auto Components		1.7			7,418,281
Machinery		1.3			5,611,662
Tobacco		1.3			5,541,796
Trading Companies & Distributors		1.3			5,506,044
Air Freight & Logistics		1.3			5,482,734
Containers & Packaging		1.2			5,259,487
Water Utilities		1.2			4,976,041
Personal Products		1.1			4,820,693
Diversified Telecommunication Services		1.1			4,543,845
Distributors		0.9			4,073,044
Communications Equipment		0.9			4,049,412
Electrical Equipment		0.9			3,930,018
Metals & Mining		0.9			3,658,415
Transportation Infrastructure		0.8			3,594,486
Multiline Retail		0.8			3,477,100
Semiconductors & Semiconductor Equipment		0.7			2,891,562
Food & Staples Retailing		0.6			2,781,287
Construction & Engineering		0.6			2,770,538
IT Services		0.6			2,685,833
Real Estate Management & Development		0.5			2,256,506
Health Care Providers & Services		0.5			2,212,565
Consumer Finance		0.5			2,164,524
Household Products		0.5			2,106,969
Independent Power and Renewable Electricity Producers		0.4			1,898,303
Gas Utilities		0.4			1,723,966
Energy Equipment & Services		0.3			1,227,858
Investments, at Value		92.2			400,004,640
Short-Term Investments		7.8			33,958,587
Total Investments		100.0	%		$    433,963,227

The notes are an integral part of this report. Transamerica Partners Portfolios Page    4 September 30, 2015 Form N-Q

Transamerica Partners International Equity Portfolio

SCHEDULE OF INVESTMENTS (continued)

At September 30, 2015

(unaudited)

SECURITY VALUATION:

Valuation Inputs ^(E)

	Level 1 - Unadjusted Quoted Prices		Level 2 - Other Significant Observable Inputs			Level 3 - Significant Unobservable Inputs		Value at September 30, 2015
ASSETS
Investments
Common Stocks	$	55,890,558	$	320,410,564		$	—	$	376,301,122
Convertible Preferred Stock		5,383,587		—			—		5,383,587
Preferred Stocks		2,358,835		15,961,096			—		18,319,931
Right		—		—	(F)		—		—	(F)
Securities Lending Collateral		27,955,139		—			—		27,955,139
Repurchase Agreement		—		6,003,448			—		6,003,448
Total Investments	$	91,588,119	$	342,375,108		$	—	$	433,963,227

FOOTNOTES TO SCHEDULE OF INVESTMENTS:

^(A) All or a portion of the security is on loan. The total value of all securities on loan is $26,321,631. The amount of securities on loan indicated may not correspond with the securities on loan identified because securities with pending sales are in the process of recall from the brokers.

^(B) Non-income producing security.

^(C) Rate disclosed reflects the yield at September 30, 2015.

^(D) Aggregate cost for federal income tax purposes is $484,263,897. Aggregate gross unrealized appreciation and depreciation for all securities is $35,342,387 and $85,643,057, respectively. Net unrealized depreciation for tax purposes is $50,300,670.

^(E) The Portfolio recognizes transfers between Levels at the end of the reporting period. There were no transfers between Levels 1, 2 and 3 during the period ended September 30, 2015. See the Security Valuation section of the Notes to Schedules of Investments for more information regarding security valuation and pricing inputs.

^(F) Security deemed worthless.

PORTFOLIO ABBREVIATION:

ADR American Depositary Receipt

The notes are an integral part of this report. Transamerica Partners Portfolios Page    5 September 30, 2015 Form N-Q

NOTES TO SCHEDULES OF INVESTMENTS

At September 30, 2015

(unaudited)

1. ORGANIZATION

Transamerica Partners Portfolios (the “Series Portfolio”) is an open-end management investment company registered under the Investment Company Act of 1940, as amended (the “1940 Act”), and was organized as a series trust under the laws of the State of New York. The Series Portfolio applies investment company accounting and reporting guidance. The Series Portfolio is composed of fifteen different series that are, in effect, separate investment funds. The portfolios (each, a “Portfolio” and collectively, the “Portfolios”) are listed below. Each Portfolio issues shares of beneficial interest only in private placement transactions that do not involve a public offering within the meaning of Section 4(2) of the Securities Act of 1933, as amended (“Securities Act”). Only “accredited investors”, as defined in Regulation D under the Securities Act, may invest in the Portfolios. Accredited investors include investment companies, insurance company separate accounts, common or commingled trust funds, or other similar organizations or entities.

Portfolio

Transamerica Partners Money Market Portfolio (“Money Market”)

Transamerica Partners High Quality Bond Portfolio (“High Quality Bond”)

Transamerica Partners Inflation-Protected Securities Portfolio (“Inflation-Protected Securities”)

Transamerica Partners Core Bond Portfolio (“Core Bond”)

Transamerica Partners High Yield Bond Portfolio (“High Yield Bond”)

Transamerica Partners Balanced Portfolio (“Balanced”)

Transamerica Partners Large Value Portfolio (“Large Value”)

Transamerica Partners Large Core Portfolio (“Large Core”)

Transamerica Partners Large Growth Portfolio (“Large Growth”)

Transamerica Partners Mid Value Portfolio (“Mid Value”)

Transamerica Partners Mid Growth Portfolio (“Mid Growth”)

Transamerica Partners Small Value Portfolio (“Small Value”)

Transamerica Partners Small Core Portfolio (“Small Core”)

Transamerica Partners Small Growth Portfolio (“Small Growth”)

Transamerica Partners International Equity Portfolio (“International Equity”)

2. SIGNIFICANT ACCOUNTING POLICIES

The following is a summary of significant accounting policies followed by the Portfolios.

Foreign currency denominated investments: The accounting records of the Portfolios are maintained in U.S. dollars. Securities and other assets and liabilities denominated in foreign currencies are translated into U.S. dollars based on the closing exchange rate each day. The cost of foreign securities purchased and any realized gains or losses are translated at the prevailing exchange rates in effect on the date of the respective transaction.

Foreign currency denominated assets may involve risks not typically associated with domestic transactions. These risks include revaluation of currencies, adverse fluctuations in foreign currency values, and possible adverse political, social, and economic developments, including those particular to a specific industry, country or region.

Security transactions: Security transactions are recorded on trade date. Security gains and losses are calculated on a first-in, first-out basis. Dividends, if any, are recorded on the ex-dividend date or, in the case of foreign securities, as soon as the Portfolios are informed of the ex-dividend dates, net of foreign taxes.

3. SECURITY VALUATION

All investments in securities are recorded at their estimated fair value. The Portfolios value their investments at the close of the New York Stock Exchange (“NYSE”), normally 4:00 p.m. Eastern Time, each day the NYSE is open for business.

The Portfolios utilize various methods to measure the fair value of their investments on a recurring basis. Generally Accepted Accounting Principles in the United States of America establishes a hierarchy that prioritizes inputs to valuation methods. The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities. The three Levels of inputs of the fair value hierarchy are defined as follows:

Level 1 – Unadjusted quoted prices in active markets for identical securities.

Transamerica Partners Portfolios Page    1 September 30, 2015 Form N-Q

NOTES TO SCHEDULES OF INVESTMENTS (continued)

At September 30, 2015

(unaudited)

3. (continued)

Level 2 – Inputs, other than quoted prices included in Level 1, which are observable, either directly or indirectly. These inputs may include quoted prices for the identical instrument on an inactive market, prices for similar instruments, interest rates, prepayment speeds, credit risk, yield curves, default rates, and similar data.

Level 3 – Unobservable inputs, which may include Transamerica Asset Management, Inc.’s (“TAM”) internal valuation committee’s (the “Valuation Committee”) own assumptions in determining the fair value of investments. Factors considered in making this determination may include, but are not limited to, information obtained by contacting the sub-adviser, issuer, analysts, or the appropriate stock exchange (for exchange-traded securities), analysis of the issuer’s financial statements or other available documents and, if necessary, available information concerning other securities in similar circumstances.

The inputs used to measure fair value may fall into different Levels of the fair value hierarchy. In such cases, for disclosure purposes, the Level in the fair value hierarchy that is assigned to the fair value measurement of a security is determined based on the lowest Level input that is significant to the fair value measurement in its entirety. The hierarchy classification of inputs used to value the Portfolios’ investments, at September 30, 2015, is disclosed in the Security Valuation section of each Portfolio’s Schedule of Investments.

Under supervision of the Board of Trustees (the “Board”), TAM provides day-to-day valuation functions. TAM formed the Valuation Committee to monitor and implement the fair valuation policies and procedures as approved by the Board. These policies and procedures are reviewed at least annually by the Board. The Valuation Committee, among other tasks, monitors for when market quotations are not readily available or are unreliable and determines in good faith the fair value of the portfolio investments. For instances in which daily market quotes are not readily available, securities may be valued, pursuant to procedures adopted by the Board, with reference to other instruments or indices. Depending on the relative significance of valuation inputs, these instruments may be classified in either Level 2 or Level 3 of the fair value hierarchy.

The Valuation Committee may employ a market-based approach which may use related or comparable assets or liabilities, recent transactions, market multiples, book values, and other relevant information for the security to determine the fair value of the security. An income-based valuation approach may also be used in which the anticipated future cash flows of the security are discounted to calculate fair value. Discounts may also be applied due to the nature or duration of any restrictions on the disposition of the securities. When the Portfolios use fair value methods that rely on significant unobservable inputs to determine a security’s value, the Valuation Committee will choose the method that is believed to accurately reflect fair value. These securities are categorized in Level 3 of the fair value hierarchy. The Valuation Committee reviews fair value measurements on a regular and ad hoc basis and may, as deemed appropriate, update the security valuations as well as the fair valuation guidelines. The Board reviews Valuation Committee determinations at its regularly scheduled meetings.

The availability of observable inputs can vary from security to security and is affected by a wide variety of factors, including, but not limited to, the type of security, whether the security is new and not yet established in the marketplace, the liquidity of markets, and other characteristics particular to the security. To the extent that valuation is based on models or inputs that are less observable or unobservable in the market, the determination of fair value requires more judgment. Accordingly, the degree of judgment exercised in determining fair value is generally greatest for instruments categorized in Level 3. Due to the inherent uncertainty of valuation, the Valuation Committee’s determination of values may differ significantly from values that would have been realized had a ready market for investments existed, and the differences could be material. The Valuation Committee employs various methods for calibrating these valuation approaches, including a regular review of valuation methodologies, key inputs and assumptions, transactional back-testing, and reviews of any market related activity.

Fair value measurements: Descriptions of the valuation techniques applied to the Portfolio’s significant categories of assets and liabilities measured at fair value on a recurring basis are as follows:

Equity securities (common and preferred stocks): Securities are stated at the last reported sales price or closing price on the day of valuation taken from the primary exchange where the security is principally traded. To the extent these securities are actively traded and valuation adjustments are not applied, they are categorized in Level 1 of the fair value hierarchy.

Foreign securities, in which the primary trading market closes at the same time or after the NYSE, are valued based on quotations from the primary market in which they are traded and are categorized in Level 1. Because many foreign securities markets and exchanges close prior to the close of the NYSE, closing prices for foreign securities in those markets or on those exchanges do not reflect the events that occur after that close. Certain foreign securities may be fair valued using a pricing service that considers the correlation of the trading patterns of the foreign security to the intraday trading in the U.S. markets for investments such as American Depositary Receipts, financial futures, ETFs, and the movement of the certain indices of securities based on a statistical analysis of their historical relationship; such valuations generally are categorized in Level 2.

Preferred stock and other equities traded on inactive markets or valued by reference to similar instruments are also generally categorized in Level 2 or Level 3 if inputs are unobservable.

Investment companies and exchange-traded funds (“ETF”): Investment companies are valued at the Net Asset Value (“NAV”) of the underlying portfolios. These securities are actively traded and no valuation adjustments are applied. ETFs are stated at the last reported sale price or closing price on the day of valuation taken from the primary exchange where the security is principally traded. Investment companies and ETFs are categorized in Level 1 of the fair value hierarchy. Investments in privately held investment funds with significant restrictions on redemptions where the inputs of NAVs are unobservable will be valued based upon the NAVs of such investments and are categorized in Level 3 of the fair value hierarchy.

Securities lending collateral: Securities lending collateral is invested in a money market fund which is valued at the NAV of the underlying securities and no valuation adjustments are applied. It is categorized in Level 1 of the fair value hierarchy.

Transamerica Partners Portfolios Page    2 September 30, 2015 Form N-Q

NOTES TO SCHEDULES OF INVESTMENTS (continued)

At September 30, 2015

(unaudited)

3. (continued)

Asset-backed securities: The fair value of asset-backed securities is estimated based on models that consider the estimated cash flows of each tranche of the entity, establish a benchmark yield, and develop an estimated tranche specific spread to the benchmark yield based on the unique attributes of the tranche. To the extent the inputs are observable and timely, the values would generally be categorized in Level 2 of the fair value hierarchy; otherwise they would be categorized in Level 3.

Corporate bonds: The fair value of corporate bonds is estimated using various techniques, which consider recently executed transactions in securities of the issuer or comparable issuers, market price quotations (where observable), bond spreads, fundamental data relating to the issuer, and credit default swap spreads adjusted for any basis difference between cash and derivative instruments. While most corporate bonds are categorized in Level 2 of the fair value hierarchy, in instances where lower relative weight is placed on transaction prices, quotations, or similar observable inputs, they are categorized in Level 3.

Government securities: Government securities are normally valued using a model that incorporates market observable data such as reported sales of similar securities, broker quotes, yields, bids, offers, and reference data. Certain securities are valued by principally using dealer quotations. Government securities generally are categorized in Level 2 of the fair value hierarchy, or Level 3 if inputs are unobservable.

Mortgage-backed securities: The fair value of mortgage-backed securities is estimated based on models that consider issuer type, coupon, cash flows, mortgage prepayment projection tables and adjustable rate mortgage evaluations that incorporate index data, periodic life caps and the next coupon reset date. To the extent the inputs are observable and timely, the values would generally be categorized in Level 2 of the fair value hierarchy; otherwise they are categorized in Level 3.

Municipal bonds & notes and variable rate notes: The fair value of municipal bonds & notes and variable rate notes is estimated based on models that consider, among other factors, information received from market makers and broker-dealers, current trades, bid-want lists, offerings, market movements, the liquidity of the bond, state of issuance, benchmark yield curves, and bond or note insurance. To the extent the inputs are observable and timely, the values would generally be categorized in Level 2 of the fair value hierarchy; otherwise they are categorized in Level 3.

Repurchase agreements: Repurchase agreements are valued at cost, which approximates fair value. To the extent the inputs are observable and timely, the values are generally categorized in Level 2 of the fair value hierarchy.

Short-term notes: Short-term notes are valued using amortized cost, which approximates fair value. To the extent the inputs are observable and timely, the values would be generally categorized in Level 2 of the fair value hierarchy; otherwise they would be categorized in Level 3.

U.S. government agency securities: U.S. government agency securities are comprised of two main categories consisting of agency issued debt and mortgage pass-throughs. Generally, agency issued debt securities are valued in a manner similar to U.S. government securities. Mortgage pass-throughs include to be announced (“TBA”) securities and mortgage pass-through certificates. Generally, TBA securities and mortgage pass-throughs are valued using dealer quotations. Depending on market activity levels and whether quotations or other observable data are used, these securities are typically categorized in Level 2 of the fair value hierarchy; otherwise they would be categorized in Level 3.

Derivative instruments: Centrally cleared or listed derivatives that are actively traded are valued based on quoted prices from the exchange and are categorized in Level 1 of the fair value hierarchy. Over-the-counter (“OTC”) derivative contracts include forward, swap, swaption, and option contracts related to interest rates, foreign currencies, credit standing of reference entities, equity prices, or commodity prices. Depending on the product and the terms of the transaction, the fair value of the OTC derivative products are modeled taking into account the counterparties’ creditworthiness and using a series of techniques, including simulation models. Many pricing models do not entail material subjectivity because the methodologies employed do not necessitate significant judgments and the pricing inputs are observed from actively quoted markets, as is the case of interest rate swap and option contracts. The majority of OTC derivative products valued by the Portfolios using pricing models fall into this category and are categorized within Level 2 of the fair value hierarchy or Level 3 if inputs are unobservable.

4. SECURITIES AND OTHER INVESTMENTS

Loan participations and assignments: The Portfolios may invest in direct debt instruments which are interests in amounts owed to lenders or lending syndicates by corporate, governmental, or other borrowers, either in the form of participations at the time the loan is originated (“Participations”) or buying an interest in the loan in the secondary market from a financial institution or institutional investor (“Assignments”). Participations and Assignments in commercial loans may be secured or unsecured. These investments may include standby financing commitments, including revolving credit facilities that obligate the Portfolios to supply additional cash to the borrowers on demand. Loan Participations and Assignments involve risks of insolvency of the lending banks or other financial intermediaries. As such, the Portfolios assume the credit risks associated with the corporate borrowers and may assume the credit risks associated with the interposed banks or other financial intermediaries.

The Portfolios, with the exception of Money Market, may be contractually obligated to receive approval from the agent banks and/or borrowers prior to the sale of these investments. The Portfolios that participate in such syndications, or that can buy a portion of the loans, become part lenders. Loans are often administered by agent banks acting as agents for all holders.

The agent banks administer the terms of the loans, as specified in the loan agreements. In addition, the agent banks are normally responsible for the collection of principal and interest payments from the corporate borrowers and the apportionment of these payments to the credit of all institutions that are parties to the loan agreements. Unless the Portfolios have direct recourse against the corporate borrowers under the terms of the loans or other indebtedness, the Portfolios may have to rely on the agent banks or other financial intermediaries to apply appropriate credit remedies against corporate borrowers.

Transamerica Partners Portfolios Page    3 September 30, 2015 Form N-Q

NOTES TO SCHEDULES OF INVESTMENTS (continued)

At September 30, 2015

(unaudited)

4. (continued)

The Portfolios held no unsecured loan participations at September 30, 2015. Open secured loan participations and assignments at September 30, 2015, if any, are included within the Schedule of Investments.

Payment in-kind securities (“PIK”): PIKs give the issuer the option of making interest payments in either cash or additional debt securities at each interest payment date. Those additional debt securities usually have the same terms, including maturity dates and interest rates, and associated risks as the original bonds.

PIKs held at September 30, 2015, if any, are identified in the Schedule of Investments.

Real estate investment trusts (“REIT”): REITs are pooled investment vehicles which invest primarily in income producing real estate, or real estate related loans or interests. There are certain additional risks involved in investing in REITs. These include, but are not limited to, economic conditions, changes in zoning laws, real estate values, property taxes, and interest rates.

REITs held at September 30, 2015, if any, are identified in the Schedule of Investments.

Restricted and illiquid securities: The Portfolios may invest in unregulated restricted securities. Restricted and illiquid securities are subject to legal or contractual restrictions on resale or are illiquid. Restricted securities generally may be resold in transactions exempt from registration under the Securities Act of 1933. A security may be considered illiquid if it lacks a readily available market or if its valuation has not changed for a certain period of time. Disposal of these securities may involve time-consuming negotiations and expense, and prompt sale at the current valuation may be difficult.

Restricted and illiquid securities held at September 30, 2015, if any, are identified in the Schedule of Investments.

To be announced (“TBA”) commitments: TBA commitments are entered into to purchase or sell securities for a fixed price at a future date, typically not to exceed 45 days. TBAs are considered securities in themselves, and involve a risk of loss if the value of the security to be purchased declines, or the value of the security sold increases, prior to settlement date, in addition to the risk of decline in the value of the Portfolios’ other assets. Unsettled TBA commitments are valued at the current value of the underlying securities.

TBA commitments held at September 30, 2015, if any, are identified in the Schedule of Investments.

Treasury inflation-protected securities (“TIPS”): Certain Portfolios may invest in TIPS, which are fixed income securities whose principal value is periodically adjusted according to the rate of inflation/deflation. If the index measuring inflation/deflation rises or falls, the principal value of TIPS will be adjusted upward or downward, and consequently the interest payable on these securities (calculated with respect to a larger or smaller principal amount) will be increased or reduced, respectively. Any upward or downward adjustment in the principal amount of a TIPS will be included as interest income, even though investors do not receive their principal until maturity. Repayment of the original bond principal upon maturity (as adjusted for inflation) is guaranteed in the case of U.S. Treasury inflation-indexed bonds. For bonds that do not provide a similar guarantee, the adjusted principal value of the bond repaid at maturity may be less than the original principal.

TIPS held at September 30, 2015, if any, are included within the Schedule of Investments.

When-issued, delayed-delivery, and forward commitment transactions: The Portfolios may purchase or sell securities on a when-issued, delayed-delivery, or forward commitment basis. When-issued and forward commitment transactions are made conditionally because a security, although authorized, has not yet been issued in the market. Settlement of such transactions normally occurs within a month or more after the purchase or sale commitment is made. The Portfolios engage in when-issued and forward commitment transactions to obtain an advantageous price and yield at the time of the transaction. The Portfolios engage in when-issued and forward commitment transactions for the purpose of acquiring securities, but may enter into a separate agreement to sell the securities before the settlement date. Since the value of securities purchased may fluctuate prior to settlement, the Portfolios may be required to pay more at settlement than the security is worth. In addition, the Portfolios are not entitled to any of the interest earned prior to settlement.

Delayed-delivery transactions involve a commitment by the Portfolios to purchase or sell securities for a predetermined price or yield, with payment and delivery taking place beyond the customary settlement period. When delayed-delivery transactions are outstanding, the Portfolios will segregate with their custodian either cash, U.S. government securities, or other liquid assets at least equal to the value or purchase commitments until payment is made. When purchasing a security on a delayed-delivery basis, the Portfolios assume the rights and risks of ownership of the security, including the risk of price and yield fluctuations. These transactions also involve a risk to the Portfolios if the other party to the transaction defaults on its obligation to make payment or delivery, and the Portfolios are delayed or prevented from completing the transaction. The Portfolios may dispose of or renegotiate a delayed-delivery transaction after it is entered into, which may result in a realized gain or loss. When the Portfolios sell a security on a delayed-delivery basis, the Portfolios do not participate in future gains and losses on the security.

When-issued, delayed-delivery, or forward commitment transactions held at September 30, 2015, if any, are identified in the Schedule of Investments.

Transamerica Partners Portfolios Page    4 September 30, 2015 Form N-Q

NOTES TO SCHEDULES OF INVESTMENTS (continued)

At September 30, 2015

(unaudited)

5. BORROWINGS AND OTHER FINANCING TRANSACTIONS

The Portfolios may engage in borrowing transactions as a means of raising cash to satisfy redemption requests, for other temporary or emergency purposes or, to the extent permitted by their investment policies, to raise additional cash to be invested in other securities or instruments. When the Portfolios invest borrowing proceeds in other securities, the Portfolios will bear the risk that the market value of the securities in which the proceeds are invested goes down and is insufficient to repay borrowed proceeds. The Portfolios may borrow on a secured or on an unsecured basis. If the Portfolios enter into a secured borrowing arrangement, a portion of the Portfolios’ assets will be used as collateral. The 1940 Act requires the Portfolios to maintain asset coverage of at least 300% of the amount of their borrowings. Asset coverage means the ratio that the value of the Portfolios’ total assets, minus liabilities other than borrowings, bears to the aggregate amount of all borrowings. Although complying with this guideline would have the effect of limiting the amount that the Portfolios may borrow, it does not otherwise mitigate the risks of entering into borrowing transactions.

Securities lending: Securities are lent to qualified financial institutions and brokers. State Street Bank and Trust Company (“State Street”) serves as securities lending agent to the Portfolios pursuant to a Securities Lending Agreement. The lending of securities exposes the Portfolios to risks such as, the borrowers may fail to return the loaned securities, the borrowers may not be able to provide additional collateral, the Portfolios may experience delays in recovery of the loaned securities or delays in access to collateral, or the Portfolios may experience losses related to the investment collateral. To minimize certain risks, loan counterparties pledge cash collateral with a value of at least 102% of the current value of the loaned securities for securities traded on U.S. exchanges and a value of at least 105% for all other securities loaned. The lending agent has agreed to indemnify the Portfolios in the case of default of any securities borrower.

Cash collateral received is invested in the State Street Navigator Securities Lending Trust-Prime Portfolio, a money market mutual fund registered under the 1940 Act.

The value of loaned securities and related collateral outstanding at September 30, 2015, if any, are shown on a gross basis in the Schedule of Investments.

Repurchase agreements: In a repurchase agreement, the Portfolios purchase a security and simultaneously commit to resell that security to the seller at an agreed-upon price on an agreed-upon date. Securities purchased subject to a repurchase agreement are held at the Portfolios’ custodian, or designated sub-custodian related to tri-party repurchase agreements, and, pursuant to the terms of the repurchase agreement, must be collateralized by securities with an aggregate market value greater than or equal to 100% of the resale price. The Portfolios will bear the risk of value fluctuations until the securities can be sold and may encounter delays and incur costs in liquidating the securities. In the event of bankruptcy or insolvency of the seller, delays and costs may be incurred.

Repurchase agreements are subject to netting agreements, which are agreements between the Portfolios and their counterparties that provide for the net settlement of all transactions and collateral with the Portfolios, through a single payment, in the event of default or termination. Amounts presented on the Schedule of Investments are shown on a gross basis. The value of the related collateral for each repurchase agreement, as reflected in the Schedule of Investments, exceeds the value of each repurchase agreement at September 30, 2015.

Open repurchase agreements at September 30, 2015, if any, are included within the Schedule of Investments.

Short sales: A short sale is a transaction in which the Portfolios sell securities they do not own, but have borrowed, in anticipation of a decline in the fair market value of the securities. The Portfolios are obligated to replace the borrowed securities at the market price at the time of replacement. The Portfolios’ obligation to replace the securities borrowed in connection with a short sale is fully secured by collateral deposited with the custodian. In addition, the Portfolios consider the short sale to be a borrowing by the Portfolios that is subject to the asset coverage requirements of the 1940 Act. Short sales represent an aggressive trading practice with a high risk/return potential, and short sales involve special considerations. Risks of short sales include that possible losses from short sales may be unlimited (e.g., if the price of stocks sold short rises), whereas losses from direct purchases of securities are limited to the total amount invested, and the Portfolios may be unable to replace borrowed securities sold short.

Open short sale transactions at September 30, 2015, if any, are included within the Schedule of Investments.

6. RISK EXPOSURES AND THE USE OF DERIVATIVE INSTRUMENTS

The Portfolios’ investment objectives allow the Portfolios to use various types of derivative contracts, including option contracts, swap agreements, futures contracts, and forward foreign currency contracts. Derivatives are investments whose value is primarily derived from underlying assets, indices or reference rates and may be transacted on an exchange or OTC.

Market Risk Factors: In pursuit of the Portfolios’ investment objectives, the Portfolios may seek to use derivatives to increase or decrease their exposure to the following market risks:

Interest rate risk: Interest rate risk relates to the fluctuations in the value of fixed income securities due to changes in the prevailing levels of market interest rates.

Foreign exchange rate risk: Foreign exchange rate risk relates to fluctuations in the value of an asset or liability due to changes in the currency exchange rates.

Equity risk: Equity risk relates to the change in value of equity securities as they relate to increases or decreases in the general market.

Transamerica Partners Portfolios Page    5 September 30, 2015 Form N-Q

NOTES TO SCHEDULES OF INVESTMENTS (continued)

At September 30, 2015

(unaudited)

6. (continued)

Credit risk: Credit risk relates to the ability of the issuer of a financial instrument to make further principal or interest payments on an obligation or commitment that it has to the Portfolios.

Commodity risk: Commodity risk relates to the change in value of commodities or commodity indices as they relate to increases or decreases in the commodities market. Commodities are physical assets that have tangible properties. Examples of these types of assets are crude oil, heating oil, metals, livestock, and agricultural products.

The Portfolios are also exposed to additional risks from investing in derivatives, such as liquidity and counterparty credit risk. Liquidity risk is the risk that the Portfolios will be unable to sell or close out the derivative in the open market in a timely manner. Counterparty credit risk is the risk that the counterparty will not be able to fulfill its obligations to the Portfolios. Investing in derivatives may also involve greater risks than investing directly in the underlying assets, such as losses in excess of any initial investment and collateral received. In addition, there may be the risk that the change in value of the derivative contract does not correspond to the change in value of the underlying instrument.

The Portfolios’ exposure to market risk factors and other associated risks are discussed by derivative type as follows:

Option contracts: The Portfolios are subject to equity price risk, interest rate risk, and foreign currency exchange rate risk in the normal course of pursuing their investment objectives. The Portfolios, with the exception of Money Market, may enter into option contracts to manage exposure to various market fluctuations. The Portfolios may purchase or write call and put options on securities and derivative instruments in which each Portfolio owns or may invest. Options are valued at the average of the bid and ask price established each day at the close of the board of trade or exchange on which they are traded. Options are marked-to-market daily to reflect the current value of the option. The primary risks associated with options are an imperfect correlation between the change in value of the securities held and the prices of the option contracts, the possibility of an illiquid market, and an inability of the counterparty to meet the contract terms. Options can be traded through an exchange or through privately negotiated arrangements with a dealer in an OTC transaction. Options traded on an exchange are generally cleared through a clearinghouse such as the Options Clearing Corp.

Inflation-capped options: The Portfolios may purchase or write inflation-capped options. Purchasing or writing inflation-capped options gives the Portfolios the right, but not the obligation to buy or sell an option which applies a cap to protect the Portfolios from inflation erosion above a certain rate on a given notional exposure. A floor can be used to give downside protection to the investments in inflation-linked products.

Interest rate swaptions: The Portfolios may purchase or write interest rate swaption agreements which are options to enter into a pre-defined swap agreement by some specific date in the future. The writer of the swaption becomes the counterparty to the swap if the buyer exercises. The interest rate swaption agreement will specify whether the buyer of the swaption will be a fixed-rate receiver or a fixed-rate payer upon exercise.

Options on futures: The Portfolios may purchase or write options on futures. Purchasing or writing options on futures gives the Portfolios the right, but not obligation to buy or sell a position on a futures contract at the specified option exercise price at any time during the period of the option.

Options on foreign currency: The Portfolios may purchase or write foreign currency options. Purchasing or writing options on foreign currency gives the Portfolios the right, but not the obligation to buy or sell the currency and will specify the amount of currency and a rate of exchange that may be exercised by a specified date.

Purchased options: Purchasing call options tends to increase exposure to the underlying instrument. Purchasing put options tends to decrease exposure to the underlying instrument. The Portfolios pay premiums, which are treated as an investment and subsequently marked-to-market to reflect the current value of the option. The risk associated with purchasing put and call options is limited to the premium paid. Premiums paid from options which expire are treated as realized losses. Premiums paid for purchasing options which are exercised or closed are added to the amounts paid or offset against the proceeds on the underlying instrument to determine the realized gain or loss.

Written options: Writing call options tends to decrease exposure to the underlying instrument. Writing put options tends to increase exposure to the underlying instrument. When the Portfolios write a covered call or put option, the premium received is marked-to-market to reflect the current market value of the option written. Premiums received from written options which expire unexercised are treated as realized gains. Premiums received from writing options which are exercised or closed are added to the proceeds or offset against amounts paid on the underlying instrument to determine the realized gain or loss. In writing an option, the Portfolios bear the market risk of an unfavorable change in the price of the security or currency underlying the written option. Exercise of an option written by the Portfolios could result in the Portfolios selling or buying a security or currency at a price different from the current market value.

As of September 30, 2015, transactions in written options are as follows:

	Call Options						Put Options
Inflation-Protected Securities	Amount of Premiums			Number of Contracts			Amount of Premiums			Number of Contracts
Balance at December 31, 2014	$	114,227			140		$	—			—
Options written		120,463			278			117,539			655
Options closed		(114,227	)		(140	)		—			—
Options expired		(41,362	)		(106	)		(53,931	)		(350	)
Options exercised		—			—			(56,449	)		(300	)
Balance at September 30, 2015	$	79,101			172		$	7,159			5

Transamerica Partners Portfolios Page    6 September 30, 2015 Form N-Q

NOTES TO SCHEDULES OF INVESTMENTS (continued)

At September 30, 2015

(unaudited)

6. (continued)

As of September 30, 2015, transactions in written swaptions and foreign exchange options are as follows:

	Call Options
Inflation-Protected Securities	Amount of Premiums			Notional Amount			Notional Amount			Notional Amount			Notional Amount			Notional Amount			Notional Amount
Balance at December 31, 2014	$	232,837		AUD	9,850,000		CHF	—		EUR	1,070,000		GBP	—		NZD	—		USD	8,900,000
Options written		1,317,870			7,520,000			6,375,625			25,040,000			3,175,000			4,335,000			59,510,000
Options closed		(157,313	)		—			—			(15,995,000	)		—			—			(2,945,000	)
Options expired		(367,149	)		(13,535,000	)		(3,425,625	)		—			(3,175,000	)		—			(14,560,000	)
Options exercised		(108,580	)		—			—			—			—			—			(8,900,000	)
Balance at September 30, 2015	$	917,665		AUD	3,835,000		CHF	2,950,000		EUR	10,115,000		GBP	—		NZD	4,335,000		USD	42,005,000
	Put Options
Inflation-Protected Securities	Amount of Premiums			Notional Amount			Notional Amount			Notional Amount			Notional Amount			Notional Amount
Balance at December 31, 2014	$	564,166		AUD	16,405,000		EUR	3,200,000		GBP	—		NZD	—		USD	22,760,000
Options written		1,822,414			45,585,000			8,190,000			2,910,000			4,335,000			48,840,000
Options closed		(217,348	)		(7,880,000	)		(5,440,000	)		—			—			(13,860,000	)
Options expired		(840,760	)		(42,345,000	)		—			(2,910,000	)		—			(14,665,000	)
Options exercised		(65,073	)		(3,835,000	)		—			—			—			—
Balance at September 30, 2015	$	1,263,399		AUD	7,930,000		EUR	5,950,000		GBP	—		NZD	4,335,000		USD	43,075,000

Open option contracts at September 30, 2015, if any, are included within the Schedule of Investments.

Swap agreements: Swap agreements are bilaterally negotiated agreements between the Portfolios and a counterparty to exchange or swap investments, cash flows, assets, foreign currencies, or market-linked returns at specified, future intervals. Swap agreements can be executed in a bi-lateral privately negotiated arrangement with a dealer in an OTC transaction or executed on a regular market. Certain swaps regardless of the venue of execution are required to be cleared through a clearinghouse (“centrally cleared swap agreements”). Centrally cleared swap agreements listed or traded on a multilateral platform, are valued at the daily settlement price determined by the corresponding exchange. For centrally cleared credit default swap agreements the clearing exchange requires all members to provide applicable levels across complete term levels. Centrally cleared interest rate swap agreements are valued using a pricing model that references the underlying rates including but not limited to the overnight index swap rate and London Interbank Offered Rate (“LIBOR”) forward rate to calculate the daily settlement price. The Portfolios, with the exception of Money Market, enter into credit default, cross-currency, interest rate, total return, variance, and other forms of swap agreements to manage exposure to credit, currency, interest rate, and commodity risks. In connection with these agreements, securities or cash may be identified as collateral or margin in accordance with the terms of the respective swap agreements to provide assets of value and recourse in the event of default or bankruptcy/insolvency. Swap agreements are marked-to-market daily based upon values from third party vendors, which may include a registered exchange, or quotations from market makers to the extent available.

Credit default swap agreements: The Portfolios are subject to credit risk in the normal course of pursuing their investment objectives. The Portfolios enter into credit default swap agreements to manage their exposure to the market or certain sectors of the market to reduce their risk exposure to defaults of corporate and sovereign issuers, or to create exposure to corporate or sovereign issuers to which they are not otherwise exposed. Credit default swap agreements involve the exchange of a fixed rate premium for protection against the loss in value of an underlying security in the event of a defined credit event, such as payment default or bankruptcy (buy protection).

Under a credit default swap agreement, one party acts as a guarantor by receiving the fixed periodic payment in exchange for the commitment to purchase the underlying security at par if the defined credit event occurs (sell protection). The Portfolios’ maximum risk of loss from counterparty risk, either as the protection seller or as the protection buyer, is the notional amount of the contract. This risk is mitigated by having a master netting arrangement between the Portfolios and the counterparty, and by the posting of collateral.

Certain Portfolios sell credit default swap agreements, which exposes them to risk of loss from credit risk related events specified in the contracts. Although contract-specific, credit events are generally defined as bankruptcy, failure to pay, restructuring, obligation acceleration, obligation default, or repudiation/moratorium. The aggregate fair value of the credit default swap agreements is disclosed in the Schedule of Investments. The aggregate fair value of assets posted as collateral, net of assets received as collateral, for these swap agreements is included in the footnotes to the Schedule of Investments. If a defined credit event had occurred during the period, the swap agreements’ credit-risk-related contingent features would have been triggered, and the Portfolios would have been required to pay the notional amounts for the credit default swap agreements with a sell protection less the value of the contracts’ related reference obligations.

Transamerica Partners Portfolios Page    7 September 30, 2015 Form N-Q

NOTES TO SCHEDULES OF INVESTMENTS (continued)

At September 30, 2015

(unaudited)

6. (continued)

Interest rate swap agreements: The Portfolios are subject to interest rate risk exposure in the normal course of pursuing their investment objectives. Because the Portfolios hold fixed rate bonds, the value of these bonds may decrease if interest rates rise. To help hedge against this risk, the Portfolios enter into interest rate swap agreements. Under an interest rate swap agreement, two parties will exchange cash flows based on a notional principal amount. Portfolios with interest rate agreements can elect to pay a fixed rate and receive a floating rate, or receive a fixed rate and pay a floating rate, on a notional principal amount. The risks of interest rate swap agreements include changes in market conditions which will affect the value of the contract or the cash flows, and the possible inability of the counterparty to fulfill its obligations under the agreement. The Portfolios’ maximum risk of loss from counterparty credit risk is the discounted net value of the cash flows to be received from/paid to the counterparties over the contracts’ remaining lives, to the extent that that amount is positive. This risk is mitigated by having a master netting arrangement between the Portfolios and the counterparty, and by the posting of collateral.

Open OTC and centrally cleared swap agreements at September 30, 2015, if any, are listed in the Schedule of Investments.

Futures contracts: The Portfolios are subject to equity and commodity price risk, interest rate risk, and foreign currency exchange rate risk in the normal course of pursuing their investment objectives. The Portfolios, with the exception of Money Market, use futures contracts to gain exposure to, or hedge against, changes in the value of equities and commodities, interest rates, or foreign currencies. A futures contract represents a commitment for the future purchase or sale of an asset at a specified price on a specified date. Upon entering into such contracts, the Portfolios are required to deposit with the broker, either in cash or in securities, an initial margin in an amount equal to a certain percentage of the contract amount. Subsequent payments (variation margin) are paid or received by the Portfolios, depending on the daily fluctuations in the value of the contract, and are recorded for financial statement purposes as unrealized gains or losses by the Portfolios. Upon entering into such contracts, the Portfolios bear the risk of equity and commodity prices, interest rates, or exchange rates moving unexpectedly, in which case, the Portfolios may not achieve the anticipated benefits of the futures contracts and may realize losses. With futures, there is minimal counterparty credit risk to the Portfolios since futures are exchange-traded and the exchange’s clearinghouse, as counterparty to all exchange-traded futures, guarantees the futures against default. Futures contracts are generally entered into on a regulated futures exchange and cleared through a clearinghouse associated with the exchange.

Open futures contracts at September 30, 2015, if any, are listed in the Schedule of Investments.

Forward foreign currency contracts: The Portfolios are subject to foreign currency exchange rate risk exposure in the normal course of pursuing their investment objectives. The Portfolios, with the exception of Money Market, may enter into forward foreign currency contracts to hedge against exchange rate risk arising from investments in securities denominated in foreign currencies. Forward foreign currency contracts are marked-to-market daily, with the change in value recorded as an unrealized gain or loss. When the contracts are settled, a realized gain or loss is incurred. Risks may arise from changes in market value of the underlying currencies and from the possible inability of counterparties to meet the terms of their contracts. Forward foreign currency contracts are traded in the OTC inter-bank currency dealer market.

Open forward foreign currency contracts at September 30, 2015, if any, are listed in the Schedule of Investments.

7. NEW ACCOUNTING PRONOUNCEMENTS

In July 2014, the Securities and Exchange Commission voted to amend Rule 2a-7, which governs money market funds. A significant change resulting from these amendments is a requirement that institutional prime and institutional municipal money market funds transact fund shares based on a market-based NAV. Government, treasury, retail prime and retail municipal money market funds may continue to transact fund shares at an NAV calculated using the amortized cost valuation method. Among additional disclosure and other requirements, the amendments also will permit a money market fund, or, in certain circumstances, require a money market fund (other than a government money market fund which satisfies the requirements of the amended rules) to impose liquidity fees on redemptions, and permit a money market fund to limit (or gate) redemptions for up to 10 business days in any 90-day period. The degree to which a money market fund will be impacted by the rule amendments will depend upon the type of fund and type of investors (retail or institutional). The amendments have staggered compliance dates; however, the majority of these amendments will be effective on October 14, 2016, two years after the effective date for the rule amendments. Management is currently evaluating the implication, if any, of the additional disclosure requirements and its impact to the Portfolios’ financial statements.

In May 2015, the Financial Accounting Standards Board issued Accounting Standards Update No. 2015-07, “Disclosures for Investments in Certain Entities that Calculate NAV per Share (or its Equivalent)”. The guidance removes the requirement to categorize within the fair value hierarchy all investments for which fair value is measured using the NAV per share practical expedient. Sufficient information must be provided to permit reconciliation of the fair value of assets categorized within the fair value hierarchy to the amounts presented in the Statements of Assets and Liabilities. The guidance is required to be presented for annual periods beginning after December 15, 2015, and for interim periods within those fiscal years. Management is currently evaluating the implication, if any, of the additional disclosure requirements and its impact on the Portfolios’ financial statements.

Transamerica Partners Portfolios Page    8 September 30, 2015 Form N-Q

Item 2. Controls and Procedures.

(a) The Registrant’s principal executive officer and principal financial officer evaluated the Registrant’s disclosure controls (as defined in Rule 30a-3(c) under the Investment Company Act of 1940) within 90 days of the date of this filing and concluded that the Registrant’s disclosure control and procedures were effective as of that date.

(b) There was no change in the Registrant’s internal control over financial reporting that occurred during the Registrant’s most recent fiscal quarter that has materially affected, or is reasonably likely to materially affect, the Registrant’s internal control over financial reporting.

Item 3. Exhibits.

Separate certifications by the Registrant’s principal executive officer and principal financial officer, as required by Rule 30a-2(a) under the 1940 Act, are attached.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Transamerica Partners Portfolios
(Registrant)
By:	/s/ Marijn P. Smit
	Marijn P. Smit
	President and Chief Executive Officer
	(Principal Executive Officer)
	Date: November 24, 2015

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the Registrant and in the capacities and on the dates indicated.

By:	/s/ Marijn P. Smit
	Marijn P. Smit
	President and Chief Executive Officer
	(Principal Executive Officer)
Date:	November 24, 2015

By:	/s/ Vincent J. Toner
	Vincent J. Toner
	Vice President and Treasurer
	(Principal Financial Officer)
Date:	November 24, 2015