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      Brighthouse Funds Trust I
      811-10183
      0001126087
      549300LQX1AREJYGF247
      Brighthouse Investment Advisers, LLC
      125 High Street, Suite 732
      Boston
      
      02111
      980-949-4301
      American Funds Balanced Allocation Portfolio
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      2022-12-31
      2022-03-31
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        American US Government Securities Fund
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        American US Government Securities Fund
        026300814
        
          
        
        37718035.59400000
        NS
        USD
        510702201.94000000
        10.96922726337
        Long
        EC
        RF
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        AMCAP Fund
        OREPVS5S2E6Z93JN5V46
        AMCAP Fund
        023375819
        
          
        
        8988722.23500000
        NS
        USD
        364762348.30000000
        7.834626677595
        Long
        EC
        RF
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        American Funds Insurance Series - New World Fund
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        American Funds Insurance Series - New World Fund
        030372866
        
          
        
        3112103.78500000
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        USD
        88757199.95000000
        1.906390639817
        Long
        EC
        RF
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        American Funds Insurance Series - Washington Mutual Investors Fund
        E8N96L3OLBC178UFN669
        American Funds Insurance Series - Washington Mutual Investors Fund
        030372692
        
          
        
        22047845.65500000
        NS
        USD
        390908303.46000000
        8.396208208041
        Long
        EC
        RF
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        American Mutual Fund
        QURFUUOMKQ61ME3JJZ05
        American Mutual Fund
        027681816
        
          
        
        6467990.05100000
        NS
        USD
        342544753.10000000
        7.357421272823
        Long
        EC
        RF
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        AFIS Growth-Income Fund
        UCVW0L2W23MYYH7ZDY46
        AFIS Growth-Income Fund
        030372304
        
          
        
        6832747.67600000
        NS
        USD
        435314354.44000000
        9.349993140275
        Long
        EC
        RF
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        AFIS Growth Fund
        B17BZT6N2A8R48VTU480
        AFIS Growth Fund
        030372403
        
          
        
        3442565.05800000
        NS
        USD
        400404741.90000000
        8.600179506864
        Long
        EC
        RF
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        American Funds Insurance Series - The Bond Fund Of America
        FHEDDMKTP6L2RVHI1O58
        American Funds Insurance Series - The Bond Fund Of America
        030372809
        
          
        
        56471218.48000000
        NS
        USD
        600289052.44000000
        12.89343773126
        Long
        EC
        RF
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        American High-Income Trust
        WRWMC5QCF7WNXYIQUK76
        American High-Income Trust
        026547810
        
          
        
        18809185.11400000
        NS
        USD
        188844218.54000000
        4.056131230041
        Long
        EC
        RF
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        International Growth and Income Fund
        YL3KK71VNXCVQVLGE239
        International Growth and Income Fund
        45956T816
        
          
        
        11012379.36200000
        NS
        USD
        392921695.64000000
        8.439453285719
        Long
        EC
        RF
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        International Fund/VIT
        54P03CIVU00CG5WE6525
        International Fund/VIT
        030372700
        
          
        
        14106955.49700000
        NS
        USD
        289474726.80000000
        6.217545280225
        Long
        EC
        RF
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        American Funds Fundamental Investors
        RCVUC3QKUPM8R6R24U95
        American Funds Fundamental Investors
        360802813
        
          
        
        5399214.07900000
        NS
        USD
        385449893.10000000
        8.278968565236
        Long
        EC
        RF
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        American Funds Insurance Series - Capital World Bond Fund
        76DXPVU3WVUTJZFYDE42
        American Funds Insurance Series - Capital World Bond Fund
        030372577
        
          
        
        12522910.13300000
        NS
        USD
        135247429.44000000
        2.904941049165
        Long
        EC
        RF
        US
        N
        
        1
        
          N
          N
          N
        
      
      
        Smallcap World Fund Inc
        QUU75Y6VVBVQ4LBGTL77
        Smallcap World Fund Inc
        831681812
        
          
        
        1862350.41300000
        NS
        USD
        130681128.48000000
        2.806862770292
        Long
        EC
        RF
        US
        N
        
        1
        
          N
          N
          N
        
      
    
    
      
    
    
      2022-04-29
      Brighthouse Funds Trust I
      Alan Otis
      Alan Otis
      Treasurer
    
  
  XXXX




HTML
Table of Contents
         
   

 

Brighthouse Funds Trust I

 

   
   

 

Schedule of Investments

   
    March 31, 2022    
         

 

  


Table of Contents

Brighthouse Funds Trust I

Table of Contents

 

Schedule of Investments as of March 31, 2022   

AB Global Dynamic Allocation Portfolio

   BHFTI-1

AB International Bond Portfolio

   BHFTI-27

Allspring Mid Cap Value Portfolio

   BHFTI-44

American Funds Balanced Allocation Portfolio

   BHFTI-48

American Funds Growth Allocation Portfolio

   BHFTI-49

American Funds Growth Portfolio

   BHFTI-50

American Funds Moderate Allocation Portfolio

   BHFTI-51

BlackRock Global Tactical Strategies Portfolio

   BHFTI-52

BlackRock High Yield Portfolio

   BHFTI-57

Brighthouse Asset Allocation 100 Portfolio

   BHFTI-87

Brighthouse Balanced Plus Portfolio

   BHFTI-88

Brighthouse Small Cap Value Portfolio

   BHFTI-91

Brighthouse/abrdn Emerging Markets Equity Portfolio

   BHFTI-97

Brighthouse/Artisan International Portfolio

   BHFTI-100

Brighthouse/Eaton Vance Floating Rate Portfolio

   BHFTI-104

Brighthouse/Franklin Low Duration Total Return Portfolio

   BHFTI-119

Brighthouse/Templeton International Bond Portfolio

   BHFTI-139

Brighthouse/Wellington Large Cap Research Portfolio

   BHFTI-144

CBRE Global Real Estate Portfolio

   BHFTI-150

Harris Oakmark International Portfolio

   BHFTI-154

Invesco Balanced-Risk Allocation Portfolio

   BHFTI-158

Invesco Comstock Portfolio

   BHFTI-162

Invesco Global Equity Portfolio

   BHFTI-167

Invesco Small Cap Growth Portfolio

   BHFTI-171

JPMorgan Core Bond Portfolio

   BHFTI-177

JPMorgan Global Active Allocation Portfolio

   BHFTI-198

JPMorgan Small Cap Value Portfolio

   BHFTI-227

Loomis Sayles Global Allocation Portfolio

   BHFTI-235

Loomis Sayles Growth Portfolio

   BHFTI-249

MetLife Multi-Index Targeted Risk Portfolio

   BHFTI-252

MFS® Research International Portfolio

   BHFTI-254

Morgan Stanley Discovery Portfolio

   BHFTI-258

PanAgora Global Diversified Risk Portfolio

   BHFTI-263

PanAgora Global Diversified Risk Portfolio II

   BHFTI-279

PIMCO Inflation Protected Bond Portfolio

   BHFTI-295

PIMCO Total Return Portfolio

   BHFTI-310

Schroders Global Multi-Asset Portfolio

   BHFTI-333

SSGA Emerging Markets Enhanced Index Portfolio

   BHFTI-354

SSGA Growth and Income ETF Portfolio

   BHFTI-364

SSGA Growth ETF Portfolio

   BHFTI-367

T. Rowe Price Large Cap Value Portfolio

   BHFTI-370

T. Rowe Price Mid Cap Growth Portfolio

   BHFTI-374

TCW Core Fixed Income Portfolio

   BHFTI-382

Victory Sycamore Mid Cap Value Portfolio

   BHFTI-393

Western Asset Management Government Income Portfolio

   BHFTI-397

 

Not all Portfolios are available under every product.

Refer to your prospectus for information on the Portfolios that are available.


Table of Contents

Brighthouse Funds Trust I

AB Global Dynamic Allocation Portfolio

Consolidated Schedule of Investments as of March 31, 2022 (Unaudited)

Common Stocks—55.9% of Net Assets

 

Security Description   Shares     Value  
Aerospace & Defense—0.7%  

Airbus SE (a)

    32,913     $ 3,978,311  

BAE Systems plc

    176,945       1,667,965  

Boeing Co. (The) (a)

    12,933       2,476,669  

Dassault Aviation S.A.

    1,427       226,868  

Elbit Systems, Ltd.

    1,494       327,059  

General Dynamics Corp.

    5,426       1,308,643  

Howmet Aerospace, Inc.

    9,001       323,496  

Huntington Ingalls Industries, Inc.

    938       187,075  

L3Harris Technologies, Inc.

    4,594       1,141,471  

Lockheed Martin Corp.

    5,747       2,536,726  

MTU Aero Engines AG

    3,002       697,504  

Northrop Grumman Corp.

    3,489       1,560,351  

Raytheon Technologies Corp.

    35,042       3,471,611  

Rolls-Royce Holdings plc (a)

    466,571       613,446  

Safran S.A.

    19,100       2,244,826  

Singapore Technologies Engineering, Ltd.

    86,326       261,676  

Textron, Inc.

    5,160       383,801  

Thales S.A.

    5,951       751,462  

TransDigm Group, Inc. (a)

    1,226       798,788  
   

 

 

 
      24,957,748  
   

 

 

 
Air Freight & Logistics—0.3%            

C.H. Robinson Worldwide, Inc.

    3,043       327,761  

Deutsche Post AG

    55,272       2,654,080  

DSV A/S

    11,405       2,180,826  

Expeditors International of Washington, Inc.

    3,966       409,133  

FedEx Corp.

    5,722       1,324,014  

InPost S.A. (a)

    11,058       69,506  

SG Holdings Co., Ltd. (b)

    17,933       337,964  

United Parcel Service, Inc. - Class B

    17,071       3,661,047  

Yamato Holdings Co., Ltd.

    16,114       301,659  
   

 

 

 
      11,265,990  
   

 

 

 
Airlines—0.1%            

Alaska Air Group, Inc. (a)

    2,933       170,143  

American Airlines Group, Inc. (a) (b)

    15,159       276,652  

ANA Holdings, Inc. (a) (b)

    8,836       184,472  

Delta Air Lines, Inc. (a)

    14,983       592,877  

Deutsche Lufthansa AG (a) (b)

    33,051       267,944  

Japan Airlines Co., Ltd. (a)

    7,976       148,451  

Qantas Airways, Ltd. (a)

    51,100       196,327  

Singapore Airlines, Ltd. (a)

    74,087       299,046  

Southwest Airlines Co. (a)

    13,857       634,651  

United Airlines Holdings, Inc. (a) (b)

    7,580       351,409  
   

 

 

 
      3,121,972  
   

 

 

 
Auto Components—0.2%            

Aisin Corp. (b)

    8,269       282,532  

Aptiv plc (a)

    6,333       758,123  

BorgWarner, Inc. (b)

    5,613       218,346  

Bridgestone Corp.

    31,836       1,232,099  

Cie Generale des Etablissements Michelin

    9,485       1,281,356  

Continental AG (a)

    6,134       442,452  

Denso Corp. (b)

    24,165       1,542,002  

Faurecia SE (b)

    6,765       175,003  
Auto Components—(Continued)            

Koito Manufacturing Co., Ltd.

    5,867     237,521  

Stanley Electric Co., Ltd.

    7,190       135,782  

Sumitomo Electric Industries, Ltd. (b)

    42,056       500,176  

Valeo S.A

    12,859       236,256  
   

 

 

 
      7,041,648  
   

 

 

 
Automobiles—1.4%            

Bayerische Motoren Werke AG

    18,462       1,599,073  

Ferrari NV

    7,053       1,542,373  

Ford Motor Co.

    91,900       1,554,029  

General Motors Co. (a)

    33,990       1,486,723  

Honda Motor Co., Ltd.

    90,904       2,583,148  

Isuzu Motors, Ltd.

    32,240       416,516  

Mazda Motor Corp.

    31,441       232,588  

Mercedes-Benz Group AG

    47,789       3,356,539  

Nissan Motor Co., Ltd. (a)

    129,439       576,214  

Renault S.A. (a)

    10,759       281,236  

Stellantis NV (Milan-Traded Shares)

    113,499       1,840,554  

Subaru Corp. (b)

    34,311       545,063  

Suzuki Motor Corp. (b)

    20,539       704,041  

Tesla, Inc. (a) (b)

    19,651       21,175,918  

Toyota Motor Corp.

    591,313       10,592,490  

Volkswagen AG

    1,811       451,222  

Yamaha Motor Co., Ltd.

    16,660       373,367  
   

 

 

 
      49,311,094  
   

 

 

 
Banks—3.2%            

ABN AMRO Bank NV

    23,389       299,216  

Australia & New Zealand Banking Group, Ltd.

    157,244       3,222,298  

Banco Bilbao Vizcaya Argentaria S.A. (b)

    371,796       2,125,844  

Banco Espirito Santo S.A. (a) (c) (d)

    169,954       0  

Banco Santander S.A.

    966,902       3,280,664  

Bank Hapoalim B.M.

    63,341       624,506  

Bank Leumi Le-Israel B.M.

    81,012       869,668  

Bank of America Corp.

    168,611       6,950,145  

Barclays plc

    934,699       1,815,755  

BNP Paribas S.A.

    62,801       3,575,716  

BOC Hong Kong Holdings, Ltd.

    206,335       776,402  

CaixaBank S.A.

    247,200       833,162  

Chiba Bank, Ltd. (The) (b)

    29,310       172,766  

Citigroup, Inc.

    46,455       2,480,697  

Citizens Financial Group, Inc. (b)

    9,978       452,303  

Comerica, Inc.

    3,070       277,620  

Commerzbank AG (a)

    55,397       422,980  

Commonwealth Bank of Australia

    95,182       7,473,946  

Concordia Financial Group, Ltd. (b)

    60,195       224,560  

Credit Agricole S.A.

    68,963       823,910  

Danske Bank A/S

    38,460       635,609  

DBS Group Holdings, Ltd.

    100,999       2,655,298  

DNB Bank ASA

    51,868       1,174,313  

Erste Group Bank AG

    19,173       695,373  

Fifth Third Bancorp

    16,007       688,941  

FinecoBank Banca Fineco S.p.A.

    34,008       516,506  

First Republic Bank

    4,197       680,334  

Hang Seng Bank, Ltd.

    42,641       820,219  

 

BHFTI-1


Table of Contents

Brighthouse Funds Trust I

AB Global Dynamic Allocation Portfolio

Consolidated Schedule of Investments as of March 31, 2022 (Unaudited)

Common Stocks—(Continued)

 

Security Description   Shares     Value  
Banks—(Continued)            

HSBC Holdings plc (Hong Kong-Traded Shares)

    1,134,987     $ 7,776,985  

Huntington Bancshares, Inc. (b)

    33,864       495,092  

ING Groep NV

    217,686       2,274,987  

Intesa Sanpaolo S.p.A.

    920,915       2,104,943  

Israel Discount Bank, Ltd. - Class A

    64,362       399,910  

Japan Post Bank Co., Ltd. (b)

    23,006       185,290  

JPMorgan Chase & Co.

    69,188       9,431,708  

KBC Group NV

    13,941       1,002,631  

KeyCorp

    21,797       487,817  

Lloyds Banking Group plc

    3,957,716       2,422,904  

M&T Bank Corp. (b)

    3,013       510,703  

Mediobanca Banca di Credito Finanziario S.p.A.

    34,342       347,954  

Mitsubishi UFJ Financial Group, Inc.

    666,773       4,138,776  

Mizrahi Tefahot Bank, Ltd.

    7,898       307,230  

Mizuho Financial Group, Inc.

    134,507       1,721,679  

National Australia Bank, Ltd.

    182,527       4,384,657  

NatWest Group plc

    315,445       887,604  

Nordea Bank Abp

    178,821       1,841,449  

Oversea-Chinese Banking Corp., Ltd.

    188,805       1,716,056  

People’s United Financial, Inc.

    10,020       200,300  

PNC Financial Services Group, Inc. (The)

    9,895       1,825,133  

Raiffeisen Bank International AG

    8,184       115,689  

Regions Financial Corp.

    22,318       496,799  

Resona Holdings, Inc. (b)

    113,928       487,866  

Shizuoka Bank, Ltd. (The) (b)

    24,680       174,293  

Signature Bank

    1,420       416,756  

Skandinaviska Enskilda Banken AB - Class A

    90,749       982,635  

Societe Generale S.A.

    45,204       1,209,284  

Standard Chartered plc

    145,988       968,097  

Sumitomo Mitsui Financial Group, Inc.

    72,802       2,323,420  

Sumitomo Mitsui Trust Holdings, Inc.

    18,834       615,297  

SVB Financial Group (a)

    1,374       768,684  

Svenska Handelsbanken AB - A Shares

    81,329       748,485  

Swedbank AB - A Shares (b)

    50,496       753,594  

Truist Financial Corp.

    31,252       1,771,988  

U.S. Bancorp

    31,590       1,679,008  

UniCredit S.p.A.

    117,963       1,273,642  

United Overseas Bank, Ltd.

    65,804       1,543,502  

Wells Fargo & Co.

    93,348       4,523,644  

Westpac Banking Corp.

    204,558       3,683,669  

Zions Bancorp N.A.

    3,663       240,146  
   

 

 

 
      113,809,057  
   

 

 

 
Beverages—0.9%            

Anheuser-Busch InBev S.A.

    48,448       2,905,878  

Asahi Group Holdings, Ltd.

    25,443       923,672  

Brown-Forman Corp. - Class B

    4,278       286,711  

Budweiser Brewing Co. APAC, Ltd. (144A)

    95,195       252,641  

Carlsberg AS - Class B

    5,599       683,606  

Coca-Cola Co. (The)

    91,012       5,642,744  

Coca-Cola Europacific Partners plc

    11,439       556,050  

Coca-Cola HBC AG

    11,241       234,420  

Constellation Brands, Inc. - Class A

    3,846       885,811  

Davide Campari-Milano NV

    28,903       336,197  

Diageo plc

    130,027       6,571,979  

Heineken Holding NV

    6,425       502,864  
Beverages—(Continued)            

Heineken NV (b)

    14,453     1,377,933  

Ito En, Ltd.

    3,051       149,700  

Kirin Holdings Co., Ltd.

    45,867       685,974  

Molson Coors Beverage Co. - Class B (b)

    4,410       235,406  

Monster Beverage Corp. (a)

    8,795       702,720  

PepsiCo, Inc.

    32,370       5,418,091  

Pernod Ricard S.A.

    11,706       2,567,384  

Remy Cointreau S.A.

    1,281       263,930  

Suntory Beverage & Food, Ltd.

    7,823       298,306  

Treasury Wine Estates, Ltd.

    39,913       341,885  
   

 

 

 
      31,823,902  
   

 

 

 
Biotechnology—0.7%            

AbbVie, Inc.

    41,389       6,709,571  

Amgen, Inc.

    13,187       3,188,880  

Argenx SE (a)

    2,557       804,042  

Biogen, Inc. (a)

    3,439       724,253  

CSL, Ltd.

    26,705       5,303,532  

Genmab A/S (a)

    3,679       1,332,759  

Gilead Sciences, Inc.

    29,367       1,745,868  

Grifols S.A.

    16,493       298,350  

Incyte Corp. (a)

    4,395       349,051  

Moderna, Inc. (a)

    8,258       1,422,523  

Regeneron Pharmaceuticals, Inc. (a)

    2,475       1,728,590  

Vertex Pharmaceuticals, Inc. (a)

    5,952       1,553,294  
   

 

 

 
      25,160,713  
   

 

 

 
Building Products—0.4%            

A.O. Smith Corp. (b)

    3,118       199,209  

AGC, Inc.

    10,800       431,639  

Allegion plc

    2,099       230,428  

Assa Abloy AB - Class B

    55,887       1,506,910  

Carrier Global Corp.

    20,288       930,611  

Cie de Saint-Gobain

    28,211       1,678,839  

Daikin Industries, Ltd.

    13,922       2,534,847  

Fortune Brands Home & Security, Inc.

    3,177       235,988  

Geberit AG

    2,001       1,231,833  

Johnson Controls International plc

    16,591       1,087,872  

Kingspan Group plc

    8,589       834,780  

Lixil Corp. (b)

    14,929       277,814  

Masco Corp.

    5,714       291,414  

Nibe Industrier AB - B Shares

    79,532       876,517  

Rockwool International A/S - B Shares

    476       157,218  

TOTO, Ltd.

    7,943       319,056  

Trane Technologies plc

    5,561       849,165  

Xinyi Glass Holdings, Ltd.

    100,587       241,639  
   

 

 

 
      13,915,779  
   

 

 

 
Capital Markets—1.5%            

3i Group plc

    54,265       981,595  

Abrdn plc

    120,580       337,486  

Ameriprise Financial, Inc.

    2,620       786,943  

Amundi S.A.

    3,429       233,972  

ASX, Ltd.

    10,795       655,255  

Bank of New York Mellon Corp. (The)

    17,787       882,769  

 

BHFTI-2


Table of Contents

Brighthouse Funds Trust I

AB Global Dynamic Allocation Portfolio

Consolidated Schedule of Investments as of March 31, 2022 (Unaudited)

Common Stocks—(Continued)

 

Security Description   Shares     Value  
Capital Markets—(Continued)            

BlackRock, Inc.

    3,344     $ 2,555,385  

Cboe Global Markets, Inc.

    2,496       285,592  

Charles Schwab Corp. (The)

    35,196       2,967,375  

CME Group, Inc.

    8,414       2,001,354  

Credit Suisse Group AG

    147,803       1,166,182  

Daiwa Securities Group, Inc. (b)

    79,870       452,243  

Deutsche Bank AG (a)

    115,241       1,471,522  

Deutsche Boerse AG

    10,625       1,908,662  

EQT AB

    16,499       646,111  

Euronext NV (144A)

    4,789       434,861  

FactSet Research Systems, Inc.

    881       382,486  

Franklin Resources, Inc. (b)

    6,578       183,658  

Futu Holdings, Ltd. (ADR) (a) (b)

    2,815       91,656  

Goldman Sachs Group, Inc. (The)

    7,947       2,623,305  

Hargreaves Lansdown plc

    19,670       259,156  

Hong Kong Exchanges & Clearing, Ltd.

    67,159       3,165,000  

Intercontinental Exchange, Inc.

    13,190       1,742,663  

Invesco, Ltd.

    7,990       184,249  

Japan Exchange Group, Inc.

    28,411       529,374  

Julius Baer Group, Ltd.

    12,336       715,571  

London Stock Exchange Group plc

    18,403       1,922,666  

Macquarie Group, Ltd.

    18,904       2,843,703  

MarketAxess Holdings, Inc.

    890       302,778  

Moody’s Corp.

    3,787       1,277,772  

Morgan Stanley

    33,608       2,937,339  

MSCI, Inc.

    1,930       970,558  

Nasdaq, Inc.

    2,740       488,268  

Nomura Holdings, Inc. (b)

    171,286       717,771  

Northern Trust Corp.

    4,861       566,063  

Partners Group Holding AG

    1,266       1,572,837  

Raymond James Financial, Inc.

    4,336       476,570  

S&P Global, Inc.

    8,291       3,400,802  

SBI Holdings, Inc. (b)

    13,707       346,402  

Schroders plc

    6,981       294,186  

Singapore Exchange, Ltd.

    44,441       325,895  

St. James’s Place plc

    30,098       567,484  

State Street Corp.

    8,560       745,747  

T. Rowe Price Group, Inc.

    5,261       795,411  

UBS Group AG

    196,122       3,831,636  
   

 

 

 
      52,028,313  
   

 

 

 
Chemicals—1.3%            

Air Liquide S.A.

    26,448       4,626,792  

Air Products & Chemicals, Inc.

    5,183       1,295,284  

Akzo Nobel NV

    10,453       898,081  

Albemarle Corp.

    2,739       605,730  

Arkema S.A.

    3,428       408,969  

Asahi Kasei Corp.

    69,952       605,525  

BASF SE

    51,288       2,924,687  

Celanese Corp.

    2,548       364,033  

CF Industries Holdings, Inc.

    5,021       517,464  

Chr Hansen Holding A/S

    5,895       433,205  

Clariant AG

    11,930       206,580  

Corteva, Inc.

    17,065       980,896  

Covestro AG

    10,773       544,340  

Croda International plc

    7,780       799,566  
Chemicals—(Continued)            

Dow, Inc.

    17,315     1,103,312  

DuPont de Nemours, Inc.

    12,129       892,452  

Eastman Chemical Co.

    3,147       352,653  

Ecolab, Inc.

    5,837       1,030,581  

EMS-Chemie Holding AG

    393       380,197  

Evonik Industries AG

    11,745       326,544  

FMC Corp.

    2,967       390,368  

Givaudan S.A.

    517       2,128,200  

ICL Group, Ltd.

    39,052       464,277  

International Flavors & Fragrances, Inc.

    5,958       782,464  

Johnson Matthey plc

    10,701       262,216  

JSR Corp. (b)

    11,395       335,985  

Kansai Paint Co., Ltd.

    9,798       157,423  

Koninklijke DSM NV

    9,775       1,746,982  

LANXESS AG

    4,567       201,974  

Linde plc

    12,000       3,833,160  

LyondellBasell Industries NV - Class A

    6,154       632,754  

Mitsubishi Chemical Holdings Corp. (b)

    70,794       471,053  

Mitsubishi Gas Chemical Co., Inc. (b)

    8,737       148,339  

Mitsui Chemicals, Inc.

    10,361       261,000  

Mosaic Co. (The)

    8,671       576,621  

Nippon Paint Holdings Co., Ltd.

    46,278       406,096  

Nippon Sanso Holdings Corp.

    8,381       159,251  

Nissan Chemical Corp. (b)

    6,813       399,863  

Nitto Denko Corp.

    7,933       568,537  

Novozymes A/S - B Shares

    11,455       783,998  

Orica, Ltd.

    22,532       266,837  

PPG Industries, Inc.

    5,558       728,487  

Sherwin-Williams Co. (The)

    5,647       1,409,604  

Shin-Etsu Chemical Co., Ltd.

    19,782       3,014,486  

Sika AG

    7,922       2,609,956  

Solvay S.A.

    4,139       407,503  

Sumitomo Chemical Co., Ltd. (b)

    82,381       377,641  

Symrise AG

    7,407       889,231  

Toray Industries, Inc.

    76,678       399,651  

Tosoh Corp.

    14,379       212,641  

Umicore S.A.

    11,031       476,508  

Yara International ASA

    9,246       461,072  
   

 

 

 
      45,261,069  
   

 

 

 
Commercial Services & Supplies—0.2%            

Brambles, Ltd.

    79,679       587,559  

Cintas Corp.

    2,058       875,452  

Copart, Inc. (a)

    4,995       626,723  

Dai Nippon Printing Co., Ltd. (b)

    12,278       288,375  

Rentokil Initial plc

    103,675       714,073  

Republic Services, Inc.

    4,899       649,117  

Rollins, Inc. (b)

    5,299       185,730  

Secom Co., Ltd.

    11,708       848,323  

Securitas AB - B Shares

    17,313       195,063  

Sohgo Security Services Co., Ltd.

    3,949       128,959  

TOPPAN, Inc.

    14,502       256,199  

Waste Management, Inc.

    9,010       1,428,085  
   

 

 

 
      6,783,658  
   

 

 

 

 

BHFTI-3


Table of Contents

Brighthouse Funds Trust I

AB Global Dynamic Allocation Portfolio

Consolidated Schedule of Investments as of March 31, 2022 (Unaudited)

Common Stocks—(Continued)

 

Security Description   Shares     Value  
Communications Equipment—0.3%            

Arista Networks, Inc. (a)

    5,251     $ 729,784  

Cisco Systems, Inc.

    98,742       5,505,854  

F5, Inc. (a)

    1,412       295,037  

Juniper Networks, Inc.

    7,613       282,899  

Motorola Solutions, Inc.

    3,954       957,659  

Nokia Oyj (a)

    300,636       1,654,968  

Telefonaktiebolaget LM Ericsson - B Shares (b)

    162,749       1,489,150  
   

 

 

 
      10,915,351  
   

 

 

 
Construction & Engineering—0.2%            

ACS Actividades de Construccion y Servicios S.A.

    13,000       349,447  

Bouygues S.A.

    12,779       445,486  

Eiffage S.A.

    4,652       476,819  

Ferrovial S.A.

    27,074       716,754  

Kajima Corp. (b)

    24,846       302,587  

Obayashi Corp.

    35,905       264,011  

Quanta Services, Inc.

    3,336       439,051  

Shimizu Corp. (b)

    30,519       183,420  

Skanska AB - B Shares (b)

    19,005       425,171  

Taisei Corp.

    10,709       309,577  

Vinci S.A.

    30,041       3,071,320  
   

 

 

 
      6,983,643  
   

 

 

 
Construction Materials—0.2%            

CRH plc

    43,091       1,725,346  

HeidelbergCement AG

    8,298       474,573  

Holcim, Ltd.

    29,192       1,425,200  

James Hardie Industries plc

    24,820       746,928  

Martin Marietta Materials, Inc.

    1,461       562,324  

Vulcan Materials Co.

    3,107       570,756  
   

 

 

 
      5,505,127  
   

 

 

 
Consumer Finance—0.2%            

American Express Co.

    14,688       2,746,656  

Capital One Financial Corp.

    9,964       1,308,173  

Discover Financial Services

    6,861       756,014  

Synchrony Financial

    12,812       445,986  
   

 

 

 
      5,256,829  
   

 

 

 
Containers & Packaging—0.1%            

AMCOR plc (b)

    35,894       406,679  

Avery Dennison Corp.

    1,938       337,154  

Ball Corp.

    7,582       682,380  

International Paper Co.

    9,066       418,396  

Packaging Corp. of America

    2,223       347,032  

Sealed Air Corp.

    3,468       232,217  

Smurfit Kappa Group plc

    13,721       608,152  

WestRock Co.

    6,251       293,985  
   

 

 

 
      3,325,995  
   

 

 

 
Distributors—0.0%            

Genuine Parts Co.

    3,334       420,151  

LKQ Corp.

    6,278       285,084  

Pool Corp. (b)

    939       397,056  
   

 

 

 
      1,102,291  
   

 

 

 
Diversified Consumer Services—0.0%            

IDP Education, Ltd.

    11,542     269,186  
   

 

 

 
Diversified Financial Services—0.6%            

Berkshire Hathaway, Inc. - Class B (a)

    42,876       15,131,369  

Eurazeo S.E.

    2,247       188,843  

EXOR NV

    6,054       461,751  

Groupe Bruxelles Lambert S.A.

    6,105       633,118  

Industrivarden AB - A Shares

    7,197       204,548  

Industrivarden AB - C Shares

    8,993       250,958  

Investor AB - A Shares

    27,807       646,030  

Investor AB - B Shares

    101,590       2,206,130  

Kinnevik AB - B Shares (a)

    13,557       352,832  

L E Lundbergforetagen AB - B Shares

    4,300       218,431  

M&G plc

    143,758       416,402  

Mitsubishi HC Capital, Inc.

    36,499       169,879  

ORIX Corp.

    68,106       1,359,327  

Sofina S.A.

    864       313,327  

Tokyo Century Corp.

    2,040       74,856  

Wendel S.E.

    1,527       155,368  
   

 

 

 
      22,783,169  
   

 

 

 
Diversified Telecommunication Services—0.7%            

AT&T, Inc. (e)

    167,184       3,950,558  

BT Group plc

    497,736       1,186,306  

Cellnex Telecom S.A.

    28,409       1,361,701  

Deutsche Telekom AG

    180,791       3,376,657  

Elisa Oyj

    7,948       479,024  

HKT Trust & HKT, Ltd.

    209,444       287,440  

Infrastrutture Wireless Italiane S.p.A.

    18,582       208,389  

Koninklijke KPN NV

    187,478       651,114  

Lumen Technologies, Inc. (b)

    21,574       243,139  

Nippon Telegraph & Telephone Corp.

    66,671       1,937,250  

Orange S.A.

    111,242       1,315,405  

Proximus SADP

    8,410       156,528  

Singapore Telecommunications, Ltd.

    460,422       894,207  

Spark New Zealand, Ltd.

    103,240       327,096  

Swisscom AG (b)

    1,445       867,561  

Telecom Italia S.p.A.

    550,953       202,304  

Telefonica Deutschland Holding AG

    57,565       157,231  

Telefonica S.A.

    293,818       1,426,164  

Telenor ASA

    39,016       560,765  

Telia Co. AB

    146,984       588,614  

Telstra Corp., Ltd.

    230,323       679,246  

United Internet AG

    5,493       188,919  

Verizon Communications, Inc.

    96,928       4,937,512  
   

 

 

 
      25,983,130  
   

 

 

 
Electric Utilities—0.9%            

Alliant Energy Corp.

    5,861       366,195  

American Electric Power Co., Inc.

    11,791       1,176,388  

Chubu Electric Power Co., Inc. (b)

    35,625       369,097  

CK Infrastructure Holdings, Ltd.

    36,641       245,180  

CLP Holdings, Ltd.

    91,567       892,310  

Constellation Energy Corp.

    7,936       446,400  

Duke Energy Corp.

    18,008       2,010,773  

Edison International (b)

    8,894       623,470  

 

BHFTI-4


Table of Contents

Brighthouse Funds Trust I

AB Global Dynamic Allocation Portfolio

Consolidated Schedule of Investments as of March 31, 2022 (Unaudited)

Common Stocks—(Continued)

 

Security Description   Shares     Value  
Electric Utilities—(Continued)            

EDP - Energias de Portugal S.A.

    154,786     $ 762,384  

Electricite de France S.A. (b)

    26,191       246,754  

Elia Group S.A.

    1,747       266,650  

Endesa S.A.

    17,790       388,228  

Enel S.p.A.

    453,509       3,028,554  

Entergy Corp.

    4,705       549,309  

Evergy, Inc.

    5,368       366,849  

Eversource Energy

    8,049       709,841  

Exelon Corp.

    23,810       1,134,070  

FirstEnergy Corp.

    12,745       584,486  

Fortum Oyj (b)

    24,765       449,567  

HK Electric Investments & HK Electric Investments, Ltd.

    146,575       143,084  

Iberdrola S.A. (b)

    324,912       3,536,456  

Kansai Electric Power Co., Inc. (The)

    38,929       367,287  

Mercury NZ, Ltd.

    37,663       154,730  

NextEra Energy, Inc.

    45,937       3,891,323  

NRG Energy, Inc.

    5,732       219,880  

Origin Energy, Ltd.

    96,080       444,602  

Orsted A/S

    10,548       1,328,222  

Pinnacle West Capital Corp.

    2,641       206,262  

Power Assets Holdings, Ltd.

    76,707       499,649  

PPL Corp.

    17,575       501,942  

Red Electrica Corp. S.A.

    24,182       496,640  

Southern Co. (The)

    24,811       1,799,046  

SSE plc

    59,443       1,361,089  

Terna - Rete Elettrica Nazionale

    78,453       674,745  

Tokyo Electric Power Co. Holdings, Inc. (a)

    84,414       279,086  

Verbund AG

    3,813       401,480  

Xcel Energy, Inc.

    12,611       910,136  
   

 

 

 
      31,832,164  
   

 

 

 
Electrical Equipment—0.6%            

ABB, Ltd. (b)

    91,586       2,963,132  

AMETEK, Inc.

    5,415       721,170  

Eaton Corp. plc

    9,332       1,416,224  

Emerson Electric Co.

    13,995       1,372,210  

Fuji Electric Co., Ltd.

    7,108       354,506  

Generac Holdings, Inc. (a) (b)

    1,477       439,053  

Legrand S.A.

    14,913       1,417,734  

Mitsubishi Electric Corp.

    101,767       1,171,317  

Nidec Corp.

    24,937       1,975,653  

Prysmian S.p.A.

    14,221       484,417  

Rockwell Automation, Inc. (b)

    2,715       760,281  

Schneider Electric SE

    30,177       5,038,245  

Siemens Energy AG (a)

    22,295       509,411  

Siemens Gamesa Renewable Energy S.A. (a)

    13,182       231,409  

Vestas Wind Systems A/S

    56,310       1,662,560  
   

 

 

 
      20,517,322  
   

 

 

 
Electronic Equipment, Instruments & Components—0.6%        

Amphenol Corp. - Class A

    14,000       1,054,900  

Azbil Corp. (b)

    6,940       231,156  

CDW Corp.

    3,177       568,334  

Corning, Inc.

    17,981       663,679  

Halma plc

    21,169       690,992  

Hamamatsu Photonics KK

    7,849       417,736  
Electronic Equipment, Instruments & Components—(Continued)        

Hexagon AB - B Shares

    108,569     1,523,189  

Hirose Electric Co., Ltd. (b)

    1,827       265,473  

Ibiden Co., Ltd.

    5,926       290,685  

IPG Photonics Corp. (a)

    836       91,759  

Keyence Corp.

    10,860       5,049,117  

Keysight Technologies, Inc. (a)

    4,312       681,167  

Kyocera Corp.

    17,898       1,006,024  

Murata Manufacturing Co., Ltd.

    32,031       2,117,431  

Omron Corp.

    10,350       690,063  

Shimadzu Corp.

    13,235       455,744  

TDK Corp.

    21,678       782,704  

TE Connectivity, Ltd.

    7,639       1,000,556  

Teledyne Technologies, Inc. (a)

    1,092       516,112  

Trimble, Inc. (a)

    5,876       423,895  

Venture Corp., Ltd.

    15,309       197,487  

Yokogawa Electric Corp. (b)

    12,625       215,382  

Zebra Technologies Corp. - Class A (a)

    1,251       517,539  
   

 

 

 
      19,451,124  
   

 

 

 
Energy Equipment & Services—0.1%            

Baker Hughes Co.

    20,463       745,058  

Halliburton Co.

    20,956       793,603  

Schlumberger NV

    32,838       1,356,538  

Tenaris S.A.

    26,110       393,516  
   

 

 

 
      3,288,715  
   

 

 

 
Entertainment—0.6%            

Activision Blizzard, Inc.

    18,235       1,460,806  

Bollore SE

    48,892       255,379  

Capcom Co., Ltd.

    9,736       235,442  

Electronic Arts, Inc.

    6,621       837,623  

Embracer Group AB (a)

    31,193       261,404  

Koei Tecmo Holdings Co., Ltd. (b)

    3,252       106,346  

Konami Holdings Corp. (b)

    5,267       332,914  

Live Nation Entertainment, Inc. (a)

    3,162       371,978  

Netflix, Inc. (a)

    10,370       3,884,498  

Nexon Co., Ltd.

    27,567       659,659  

Nintendo Co., Ltd.

    6,158       3,107,098  

Sea, Ltd. (ADR) (a) (b)

    17,849       2,138,132  

Square Enix Holdings Co., Ltd.

    4,849       214,651  

Take-Two Interactive Software, Inc. (a)

    2,699       414,944  

Toho Co., Ltd.

    6,314       238,721  

UBISOFT Entertainment S.A. (a)

    5,212       229,451  

Universal Music Group NV

    40,442       1,073,638  

Walt Disney Co. (The) (a)

    42,542       5,835,061  
   

 

 

 
      21,657,745  
   

 

 

 
Equity Real Estate Investment Trusts—5.6%            

Abacus Property Group

    44,758       109,946  

Acadia Realty Trust

    8,214       177,997  

Activia Properties, Inc.

    70       243,812  

Advance Residence Investment Corp.

    123       347,786  

Aedifica S.A.

    3,465       435,554  

AEON REIT Investment Corp.

    162       200,237  

Agree Realty Corp.

    6,654       441,559  

 

BHFTI-5


Table of Contents

Brighthouse Funds Trust I

AB Global Dynamic Allocation Portfolio

Consolidated Schedule of Investments as of March 31, 2022 (Unaudited)

Common Stocks—(Continued)

 

Security Description   Shares     Value  
Equity Real Estate Investment Trusts—(Continued)            

AIMS APAC REIT

    52,700     $ 53,947  

Alexander & Baldwin, Inc. (a)

    6,853       158,921  

Alexandria Real Estate Equities, Inc. (b)

    19,158       3,855,547  

Allied Properties Real Estate Investment Trust

    11,979       446,811  

American Assets Trust, Inc.

    4,723       178,954  

American Campus Communities, Inc.

    13,032       729,401  

American Homes 4 Rent - Class A

    28,028       1,121,961  

American Tower Corp.

    10,662       2,678,508  

Americold Realty Trust (b)

    25,390       707,873  

Apartment Income REIT Corp.

    14,875       795,217  

Apartment Investment & Management Co. - Class A (a)

    14,296       104,647  

Apple Hospitality REIT, Inc.

    20,277       364,378  

ARA LOGOS Logistics Trust

    121,500       76,056  

Arena REIT

    30,526       111,051  

Argosy Property, Ltd.

    79,321       75,661  

Armada Hoffler Properties, Inc. (b)

    6,304       92,038  

Artis Real Estate Investment Trust

    8,728       91,249  

Ascencio

    492       27,950  

Ascendas Real Estate Investment Trust

    510,758       1,101,403  

Ascott Residence Trust

    179,950       149,402  

Assura plc

    276,240       242,559  

AvalonBay Communities, Inc.

    16,547       4,109,778  

Befimmo S.A.

    2,048       107,082  

Big Yellow Group plc

    16,103       324,066  

BMO Commercial Property Trust, Ltd.

    46,901       70,956  

BMO Real Estate Investment, Ltd.

    22,874       28,151  

Boardwalk Real Estate Investment Trust

    3,606       169,577  

Boston Properties, Inc.

    18,192       2,343,130  

Brandywine Realty Trust

    16,051       226,961  

British Land Co. plc (The)

    136,851       947,886  

Brixmor Property Group, Inc.

    28,177       727,248  

Broadstone Net Lease, Inc.

    14,886       324,217  

BWP Trust

    46,398       138,829  

Camden Property Trust

    9,411       1,564,108  

Canadian Apartment Properties (b)

    16,503       708,224  

Capital & Counties Properties plc

    70,096       160,580  

CapitaLand Integrated Commercial Trust

    732,554       1,213,157  

CareTrust REIT, Inc.

    9,128       176,170  

Carmila S.A.

    3,817       60,244  

CDL Hospitality Trusts

    75,782       71,720  

Centerspace (b)

    1,352       132,658  

Centuria Industrial REIT

    49,883       142,132  

Centuria Office REIT

    43,909       71,850  

Champion REIT

    189,106       85,784  

Charter Hall Long Wale REIT

    62,499       247,596  

Charter Hall Retail REIT

    46,224       144,263  

Charter Hall Social Infrastructure REIT

    31,326       91,803  

Choice Properties Real Estate Investment Trust

    24,343       301,622  

Civitas Social Housing plc

    58,463       66,997  

Cofinimmo S.A.

    3,021       439,496  

Comforia Residential REIT, Inc.

    62       167,208  

Community Healthcare Trust, Inc. (b)

    2,259       95,352  

Corporate Office Properties Trust (b)

    10,684       304,921  

Cousins Properties, Inc. (b)

    14,110       568,492  

Covivio

    7,708       611,549  

CRE Logistics REIT, Inc.

    50       85,177  

Crombie Real Estate Investment Trust (b)

    9,770       143,406  
Equity Real Estate Investment Trusts—(Continued)            

Cromwell European Real Estate Investment Trust

    30,250     76,325  

Cromwell Property Group

    135,185       83,556  

Crown Castle International Corp.

    10,118       1,867,783  

CubeSmart

    20,751       1,079,675  

Custodian REIT plc

    38,796       51,824  

Daiwa House REIT Investment Corp.

    326       877,236  

Daiwa Office Investment Corp.

    26       161,412  

Daiwa Securities Living Investments Corp.

    192       181,448  

Derwent London plc

    9,607       403,799  

Dexus

    162,117       1,319,342  

Dexus Industria REIT

    20,270       51,256  

DiamondRock Hospitality Co. (a)

    19,783       199,808  

Digital Realty Trust, Inc.

    33,374       4,732,433  

DigitalBridge Group, Inc. (a) (b)

    45,892       330,422  

Diversified Healthcare Trust

    22,446       71,827  

Douglas Emmett, Inc.

    15,834       529,172  

Dream Industrial Real Estate Investment Trust

    21,218       273,934  

Dream Office Real Estate Investment Trust

    3,367       75,062  

Duke Realty Corp.

    45,114       2,619,319  

Easterly Government Properties, Inc. (b)

    8,191       173,158  

EastGroup Properties, Inc.

    3,822       776,936  

Empire State Realty Trust, Inc. - Class A (b)

    13,525       132,815  

Empiric Student Property plc

    55,922       67,094  

EPR Properties (b)

    7,044       385,377  

Equinix, Inc.

    10,624       7,878,971  

Equity Commonwealth (a)

    10,290       290,281  

Equity LifeStyle Properties, Inc. (b)

    16,845       1,288,306  

Equity Residential

    43,087       3,874,383  

ESR-REIT

    254,750       80,671  

Essential Properties Realty Trust, Inc.

    11,456       289,837  

Essex Property Trust, Inc.

    7,694       2,658,123  

Eurocommercial Properties NV

    4,813       131,625  

Extra Space Storage, Inc.

    15,621       3,211,678  

Far East Hospitality Trust

    92,150       44,070  

Federal Realty Investment Trust (b)

    9,067       1,106,809  

First Capital Real Estate Investment Trust

    20,637       296,312  

First Industrial Realty Trust, Inc.

    12,247       758,212  

Fortune Real Estate Investment Trust

    129,580       116,373  

Four Corners Property Trust, Inc.

    7,308       197,608  

Frasers Centrepoint Trust

    102,750       184,416  

Frasers Logistics & Industrial Trust

    268,950       288,577  

Frontier Real Estate Investment Corp.

    46       191,168  

Fukuoka REIT Corp.

    69       94,932  

Gaming and Leisure Properties, Inc.

    22,184       1,041,095  

Gecina S.A.

    7,417       933,239  

Getty Realty Corp.

    3,852       110,244  

Global Net Lease, Inc.

    9,865       155,176  

Global One Real Estate Investment Corp.

    92       84,556  

GLP J-REIT

    644       980,218  

Goodman Group

    93,787       1,592,950  

Goodman Property Trust

    104,111       169,963  

GPT Group (The)

    288,733       1,110,630  

Granite Real Estate Investment Trust

    5,866       452,238  

Great Portland Estates plc

    24,157       225,230  

Growthpoint Properties Australia, Ltd.

    26,516       86,041  

H&R Real Estate Investment Trust

    26,830       280,072  

 

BHFTI-6


Table of Contents

Brighthouse Funds Trust I

AB Global Dynamic Allocation Portfolio

Consolidated Schedule of Investments as of March 31, 2022 (Unaudited)

Common Stocks—(Continued)

 

Security Description    Shares      Value  
Equity Real Estate Investment Trusts—(Continued)              

Hamborner REIT AG

     6,733      $ 71,431  

Hammerson plc

     420,678        182,083  

Hankyu Hanshin REIT, Inc.

     63        79,517  

Healthcare Realty Trust, Inc. (b)

     13,955        383,483  

Healthcare Trust of America, Inc. - Class A

     20,713        649,145  

Healthpeak Properties, Inc.

     63,951        2,195,438  

Heiwa Real Estate REIT, Inc.

     87        106,729  

Hibernia REIT plc

     63,162        113,070  

Highwoods Properties, Inc.

     9,782        447,429  

Home Consortium, Ltd.

     13,083        66,864  

Home Reit plc

     53,579        87,181  

HomeCo Daily Needs REIT

     126,043        135,511  

Hoshino Resorts REIT, Inc.

     23        128,809  

Host Hotels & Resorts, Inc. (b)

     84,029        1,632,683  

Hotel Property Investments

     18,133        52,103  

Hudson Pacific Properties, Inc.

     14,108        391,497  

Hulic REIT, Inc.

     121        165,439  

Icade

     3,101        199,255  

Ichigo Office REIT Investment Corp.

     112        80,985  

Immobiliare Grande Distribuzione SIIQ S.p.A. (a)

     6,221        29,960  

Impact Healthcare Reit plc

     27,773        44,577  

Independence Realty Trust, Inc. (b)

     20,899        552,570  

Industrial & Infrastructure Fund Investment Corp.

     181        274,084  

Industrial Logistics Properties Trust

     6,145        139,307  

Ingenia Communities Group

     34,956        130,959  

Inmobiliaria Colonial Socimi S.A.

     32,733        297,360  

Innovative Industrial Properties, Inc.

     2,242        460,507  

InterRent Real Estate Investment Trust

     12,421        158,870  

Intervest Offices & Warehouses NV

     2,250        67,938  

InvenTrust Properties Corp.

     6,402        197,054  

Invincible Investment Corp.

     465        160,709  

Invitation Homes, Inc.

     56,829        2,283,389  

Irish Residential Properties REIT plc

     42,207        67,645  

Iron Mountain, Inc. (b)

     6,778        375,569  

Irongate Group

     46,948        67,046  

Itochu Advance Logistics Investment Corp.

     56        72,548  

Japan Excellent, Inc.

     118        130,699  

Japan Hotel REIT Investment Corp.

     426        217,219  

Japan Logistics Fund, Inc.

     82        213,669  

Japan Metropolitan Fund Investment Corp.

     1,047        884,719  

Japan Prime Realty Investment Corp.

     87        285,094  

Japan Real Estate Investment Corp. (b)

     194        1,016,561  

JBG SMITH Properties

     11,631        339,858  

Kenedix Office Investment Corp.

     36        215,648  

Kenedix Residential Next Investment Corp.

     93        162,805  

Kenedix Retail REIT Corp.

     55        125,974  

Keppel DC REIT

     121,507        203,921  

Keppel Pacific Oak US REIT

     80,300        58,908  

Keppel REIT

     204,882        183,800  

Killam Apartment Real Estate Investment Trust

     10,780        184,704  

Kilroy Realty Corp.

     11,050        844,441  

Kimco Realty Corp.

     69,740        1,722,578  

Kite Realty Group Trust

     20,529        467,445  

Kiwi Property Group, Ltd.

     149,716        113,971  

Klepierre

     29,047        772,304  

Land Securities Group plc

     106,893        1,097,370  

Lar Espana Real Estate Socimi S.A.

     5,649        30,936  
Equity Real Estate Investment Trusts—(Continued)              

LaSalle Logiport REIT

     170      244,520  

Lendlease Global Commercial REIT

     84,050        47,992  

Life Storage, Inc.

     7,756        1,089,175  

Link REIT

     317,072        2,702,530  

LondonMetric Property plc

     90,308        326,576  

LTC Properties, Inc. (b)

     3,682        141,647  

LXI REIT plc

     70,089        136,008  

LXP Industrial Trust (b)

     26,435        415,029  

Macerich Co. (The)

     20,228        316,366  

Manulife US Real Estate Investment Trust

     151,550        102,094  

Mapletree Commercial Trust

     328,433        456,787  

Mapletree Industrial Trust

     176,712        349,849  

Mapletree Logistics Trust

     478,897        651,540  

Medical Properties Trust, Inc. (b)

     56,262        1,189,379  

Mercialys S.A.

     5,954        58,891  

Merlin Properties Socimi S.A.

     31,632        367,136  

Mid-America Apartment Communities, Inc.

     13,681        2,865,485  

Mirai Corp.

     156        67,687  

Mirvac Group

     593,370        1,098,451  

Mitsubishi Estate Logistics REIT Investment Corp.

     36        139,964  

Mitsui Fudosan Logistics Park, Inc.

     51        240,576  

Montea NV

     1,165        151,684  

Mori Hills REIT Investment Corp.

     150        185,712  

Mori Trust Sogo REIT, Inc.

     94        110,227  

National Health Investors, Inc.

     4,138        244,183  

National Retail Properties, Inc. (b)

     16,628        747,262  

National Storage Affiliates Trust

     7,684        482,248  

National Storage REIT

     108,743        217,953  

Necessity Retail REIT, Inc. (The) (b)

     11,742        92,879  

NewRiver REIT plc

     28,826        32,274  

NexPoint Residential Trust, Inc.

     2,105        190,103  

Nextensa S.A.

     391        30,461  

Nippon Accommodations Fund, Inc.

     44        230,919  

Nippon Building Fund, Inc.

     228        1,294,751  

Nippon Prologis REIT, Inc.

     337        985,665  

NIPPON REIT Investment Corp.

     41        128,544  

Nomura Real Estate Master Fund, Inc.

     666        880,573  

NorthWest Healthcare Properties Real Estate Investment Trust

     18,373        202,373  

NSI NV

     1,690        74,158  

NTT UD REIT Investment Corp.

     128        169,135  

Office Properties Income Trust

     4,529        116,531  

Omega Healthcare Investors, Inc. (b)

     22,714        707,768  

One REIT, Inc.

     23        56,534  

Orion Office REIT, Inc. (b)

     5,383        75,362  

Orix JREIT, Inc.

     400        542,274  

OUE Commercial Real Estate Investment Trust

     203,700        62,922  

Paramount Group, Inc.

     17,657        192,638  

Park Hotels & Resorts, Inc.

     22,348        436,456  

Parkway Life Real Estate Investment Trust

     36,850        127,496  

Pebblebrook Hotel Trust (b)

     12,295        300,982  

Physicians Realty Trust

     20,853        365,762  

Picton Property Income, Ltd. (The)

     52,179        67,162  

Piedmont Office Realty Trust, Inc. - Class A

     11,730        201,991  

Precinct Properties New Zealand, Ltd.

     126,778        137,719  

Primaris Real Estate Investment Trust

     9,189        113,856  

Primary Health Properties plc

     125,086        242,931  

 

BHFTI-7


Table of Contents

Brighthouse Funds Trust I

AB Global Dynamic Allocation Portfolio

Consolidated Schedule of Investments as of March 31, 2022 (Unaudited)

Common Stocks—(Continued)

 

Security Description    Shares      Value  
Equity Real Estate Investment Trusts—(Continued)              

Prime U.S. REIT

     60,650      $ 45,697  

Prologis, Inc.

     87,565        14,139,996  

Prosperity REIT

     113,000        41,123  

PRS REIT plc (The)

     49,229        69,414  

PS Business Parks, Inc. (b)

     1,900        319,352  

Public Storage

     17,932        6,998,501  

Realty Income Corp.

     67,122        4,651,555  

Regency Centers Corp.

     19,684        1,404,257  

Regional REIT, Ltd. (144A)

     41,929        48,153  

Retail Estates NV

     1,001        81,656  

Retail Opportunity Investments Corp. (b)

     11,243        218,002  

Rexford Industrial Realty, Inc.

     15,297        1,141,003  

RioCan Real Estate Investment Trust

     29,846        602,339  

RLJ Lodging Trust

     15,644        220,267  

RPT Realty

     7,919        109,045  

Ryman Hospitality Properties, Inc. (a)

     5,087        471,921  

Sabra Health Care REIT, Inc.

     21,601        321,639  

Safehold, Inc.

     1,965        108,959  

Safestore Holdings plc

     19,545        343,037  

Sankei Real Estate, Inc.

     44        40,313  

SBA Communications Corp.

     2,547        876,423  

Scentre Group

     784,289        1,776,153  

Schroder Real Estate Investment Trust, Ltd.

     46,827        35,404  

Segro plc

     181,085        3,190,009  

Sekisui House REIT, Inc.

     395        261,379  

Service Properties Trust

     15,523        137,068  

Shaftesbury plc

     26,525        213,937  

Shopping Centres Australasia Property Group

     105,805        229,373  

Simon Property Group, Inc.

     38,757        5,098,871  

SITE Centers Corp.

     16,389        273,860  

SL Green Realty Corp. (b)

     6,442        522,962  

SmartCentres Real Estate Investment Trust

     12,342        324,111  

SOSiLA Logistics REIT, Inc.

     63        83,101  

SPH REIT

     89,550        64,019  

Spirit Realty Capital, Inc.

     12,119        557,716  

STAG Industrial, Inc.

     16,943        700,593  

Standard Life Investment Property Income Trust, Ltd.

     37,848        42,488  

Star Asia Investment Corp.

     153        78,080  

Starhill Global REIT

     134,600        60,360  

Starts Proceed Investment Corp.

     21        41,000  

Stockland

     359,609        1,135,161  

STORE Capital Corp.

     23,255        679,744  

Stride Property Group

     45,948        63,248  

Summit Hotel Properties, Inc. (a)

     9,812        97,727  

Summit Industrial Income REIT

     15,437        271,906  

Sun Communities, Inc.

     10,907        1,911,888  

Sunlight Real Estate Investment Trust

     102,250        50,360  

Sunstone Hotel Investors, Inc. (a)

     20,593        242,586  

Suntec Real Estate Investment Trust

     198,528        255,464  

Takara Leben Real Estate Investment Corp.

     51        51,519  

Tanger Factory Outlet Centers, Inc. (b)

     9,676        166,330  

Target Healthcare REIT plc

     59,123        86,987  

Terreno Realty Corp.

     6,975        516,499  

Tokyu REIT, Inc.

     84        136,236  

Triple Point Social Housing REIT plc (144A)

     34,783        42,768  

Tritax Big Box REIT plc

     177,954        563,213  
Equity Real Estate Investment Trusts—(Continued)              

Tritax EuroBox plc (144A)

     76,946      106,368  

UDR, Inc.

     36,940        2,119,248  

UK Commercial Property Trust, Ltd.

     70,181        81,254  

Unibail-Rodamco-Westfield (a)

     16,755        1,253,485  

UNITE Group plc (The)

     30,344        459,731  

United Urban Investment Corp.

     283        325,766  

Universal Health Realty Income Trust

     1,214        70,861  

Urban Edge Properties

     10,952        209,183  

Urban Logistics REIT plc

     43,938        109,933  

Vastned Retail NV

     1,635        48,994  

Ventas, Inc.

     47,290        2,920,630  

Veris Residential, Inc. (a)

     8,307        144,459  

VICI Properties, Inc.

     59,890        1,704,469  

Vicinity Centres

     573,463        792,914  

Vital Healthcare Property Trust

     40,685        91,640  

Vornado Realty Trust (b)

     20,424        925,616  

Warehouses De Pauw CVA

     13,425        578,498  

Washington Real Estate Investment Trust

     8,009        204,229  

Waypoint REIT

     68,853        136,946  

Welltower, Inc.

     51,662        4,966,785  

Wereldhave NV

     3,843        74,845  

Weyerhaeuser Co.

     17,536        664,614  

Workspace Group plc

     12,726        114,075  

WP Carey, Inc.

     17,995        1,454,716  

Xenia Hotels & Resorts, Inc. (a)

     10,777        207,888  

Xior Student Housing NV

     2,112        118,002  
     

 

 

 
        196,146,291  
     

 

 

 
Food & Staples Retailing—0.8%              

Aeon Co., Ltd.

     36,463        777,893  

Carrefour S.A.

     34,623        751,102  

Coles Group, Ltd.

     74,379        991,379  

Cosmos Pharmaceutical Corp.

     1,143        138,836  

Costco Wholesale Corp.

     10,344        5,956,592  

Endeavour Group, Ltd.

     73,190        398,197  

Etablissements Franz Colruyt NV

     3,011        124,855  

HelloFresh SE (a)

     9,212        416,262  

J Sainsbury plc

     96,693        320,177  

Jeronimo Martins SGPS S.A.

     15,864        380,051  

Kesko Oyj - B Shares

     15,265        421,330  

Kobe Bussan Co., Ltd.

     7,716        237,023  

Koninklijke Ahold Delhaize NV

     58,309        1,874,415  

Kroger Co. (The)

     15,843        908,913  

Lawson, Inc.

     2,772        105,943  

Ocado Group plc (a)

     27,238        416,352  

Seven & i Holdings Co., Ltd.

     42,014        1,999,035  

Sysco Corp.

     12,002        979,963  

Tesco plc

     428,809        1,550,290  

Tsuruha Holdings, Inc.

     2,243        142,453  

Walgreens Boots Alliance, Inc.

     16,820        753,031  

Walmart, Inc.

     33,294        4,958,143  

Welcia Holdings Co., Ltd.

     5,216        128,338  

Woolworths Group, Ltd.

     67,603        1,877,682  
     

 

 

 
        26,608,255  
     

 

 

 

 

BHFTI-8


Table of Contents

Brighthouse Funds Trust I

AB Global Dynamic Allocation Portfolio

Consolidated Schedule of Investments as of March 31, 2022 (Unaudited)

Common Stocks—(Continued)

 

Security Description   Shares     Value  
Food Products—1.1%            

Ajinomoto Co., Inc.

    26,028     $ 739,118  

Archer-Daniels-Midland Co.

    13,097       1,182,135  

Associated British Foods plc

    19,873       431,590  

Barry Callebaut AG

    201       470,670  

Campbell Soup Co. (b)

    4,738       211,173  

Chocoladefabriken Lindt & Spruengli AG

    7       845,559  

Chocoladefabriken Lindt & Spruengli AG (Participation Certificate)

    60       711,529  

Conagra Brands, Inc.

    11,230       376,991  

Danone S.A.

    36,426       2,006,631  

General Mills, Inc.

    14,180       960,270  

Hershey Co. (The)

    3,404       737,408  

Hormel Foods Corp.

    6,605       340,422  

J.M. Smucker Co. (The) (b)

    2,536       343,400  

JDE Peet’s NV

    5,550       158,781  

Kellogg Co. (b)

    5,989       386,231  

Kerry Group plc - Class A

    8,874       991,524  

Kikkoman Corp. (b)

    8,108       537,001  

Kraft Heinz Co. (The)

    16,621       654,701  

Lamb Weston Holdings, Inc. (b)

    3,419       204,832  

McCormick & Co., Inc.

    5,837       582,533  

MEIJI Holdings Co., Ltd. (b)

    6,836       370,738  

Mondelez International, Inc. - Class A

    32,658       2,050,269  

Mowi ASA

    24,515       660,881  

Nestle S.A.

    157,019       20,384,334  

Nisshin Seifun Group, Inc. (b)

    10,938       152,700  

Nissin Foods Holdings Co., Ltd.

    3,579       251,326  

Orkla ASA

    41,529       369,331  

Toyo Suisan Kaisha, Ltd.

    5,026       179,732  

Tyson Foods, Inc. - Class A

    6,902       618,626  

WH Group, Ltd.

    461,128       290,095  

Wilmar International, Ltd.

    106,220       368,318  

Yakult Honsha Co., Ltd.

    7,194       383,978  
   

 

 

 
      38,952,827  
   

 

 

 
Gas Utilities—0.1%            

APA Group

    65,240       517,358  

Atmos Energy Corp.

    3,100       370,419  

Enagas S.A.

    13,762       305,808  

Hong Kong & China Gas Co., Ltd.

    624,277       755,134  

Naturgy Energy Group S.A. (b)

    10,872       324,666  

Osaka Gas Co., Ltd.

    20,735       355,979  

Snam S.p.A.

    112,439       649,333  

Tokyo Gas Co., Ltd.

    20,971       384,155  
   

 

 

 
      3,662,852  
   

 

 

 
Health Care Equipment & Supplies—1.2%            

Abbott Laboratories

    41,398       4,899,867  

ABIOMED, Inc. (a)

    1,065       352,771  

Alcon, Inc.

    27,863       2,200,985  

Align Technology, Inc. (a)

    1,717       748,612  

Ambu A/S - Class B

    9,263       136,035  

Asahi Intecc Co., Ltd.

    11,986       234,525  

Baxter International, Inc.

    11,722       908,924  

Becton Dickinson & Co.

    6,724       1,788,584  

BioMerieux

    2,334       248,773  

Boston Scientific Corp. (a)

    33,361       1,477,559  
Health Care Equipment & Supplies—(Continued)            

Carl Zeiss Meditec AG

    2,256     365,805  

Cochlear, Ltd.

    3,671       611,584  

Coloplast A/S - Class B

    6,625       1,003,373  

Cooper Cos., Inc. (The)

    1,154       481,899  

Demant A/S (a)

    6,083       275,174  

Dentsply Sirona, Inc.

    5,117       251,859  

DexCom, Inc. (a)

    2,269       1,160,820  

DiaSorin S.p.A.

    1,423       222,816  

Edwards Lifesciences Corp. (a)

    14,616       1,720,596  

Fisher & Paykel Healthcare Corp., Ltd.

    32,150       540,230  

Getinge AB - B Shares

    12,785       508,907  

GN Store Nord AS

    6,962       339,751  

Hologic, Inc. (a)

    5,934       455,850  

Hoya Corp.

    20,655       2,356,977  

IDEXX Laboratories, Inc. (a)

    1,985       1,085,914  

Inmode, Ltd. (a)

    2,745       101,318  

Intuitive Surgical, Inc. (a)

    8,357       2,521,140  

Koninklijke Philips NV

    51,154       1,564,954  

Medtronic plc

    31,507       3,495,702  

Olympus Corp. (b)

    61,580       1,169,921  

ResMed, Inc.

    3,412       827,444  

Siemens Healthineers AG

    15,724       975,024  

Smith & Nephew plc

    49,024       781,423  

Sonova Holding AG

    2,996       1,249,634  

STERIS plc (b)

    2,342       566,225  

Straumann Holding AG

    578       924,883  

Stryker Corp.

    7,860       2,101,371  

Sysmex Corp.

    9,344       678,509  

Teleflex, Inc.

    1,097       389,248  

Terumo Corp.

    35,998       1,090,226  

Zimmer Biomet Holdings, Inc.

    4,890       625,431  
   

 

 

 
      43,440,643  
   

 

 

 
Health Care Providers & Services—0.9%            

AmerisourceBergen Corp.

    3,502       541,794  

Amplifon S.p.A.

    6,995       312,340  

Anthem, Inc.

    5,683       2,791,603  

Cardinal Health, Inc.

    6,597       374,050  

Centene Corp. (a)

    13,660       1,150,035  

Chartwell Retirement Residences (b)

    22,019       218,402  

Cigna Corp.

    7,759       1,859,134  

CVS Health Corp.

    30,904       3,127,794  

DaVita, Inc. (a)

    1,526       172,606  

Fresenius Medical Care AG & Co. KGaA

    11,436       766,927  

Fresenius SE & Co. KGaA

    23,354       859,337  

HCA Healthcare, Inc.

    5,607       1,405,226  

Henry Schein, Inc. (a)

    3,246       283,019  

Humana, Inc.

    3,009       1,309,427  

Laboratory Corp. of America Holdings (a)

    2,241       590,862  

McKesson Corp. (b)

    3,575       1,094,415  

Medipal Holdings Corp. (b)

    10,140       167,104  

Molina Healthcare, Inc. (a)

    1,367       456,018  

NMC Health plc (a) (c) (d)

    8,180       0  

Orpea S.A.

    2,909       125,540  

Quest Diagnostics, Inc.

    2,872       393,062  

Ramsay Health Care, Ltd.

    10,228       495,349  

 

BHFTI-9


Table of Contents

Brighthouse Funds Trust I

AB Global Dynamic Allocation Portfolio

Consolidated Schedule of Investments as of March 31, 2022 (Unaudited)

Common Stocks—(Continued)

 

Security Description   Shares     Value  
Health Care Providers & Services—(Continued)            

Ryman Healthcare, Ltd.

    23,499     $ 152,295  

Sonic Healthcare, Ltd.

    25,333       667,072  

UnitedHealth Group, Inc.

    22,051       11,245,349  

Universal Health Services, Inc. - Class B

    1,711       248,009  
   

 

 

 
      30,806,769  
   

 

 

 
Health Care Technology—0.0%            

Cerner Corp.

    6,888       644,441  

M3, Inc.

    24,602       890,384  
   

 

 

 
      1,534,825  
   

 

 

 
Hotels, Restaurants & Leisure—0.8%            

Accor S.A. (a)

    9,549       306,013  

Aristocrat Leisure, Ltd.

    33,603       911,023  

Booking Holdings, Inc. (a)

    962       2,259,209  

Caesars Entertainment, Inc. (a)

    5,004       387,109  

Carnival Corp. (a) (b)

    18,833       380,803  

Chipotle Mexican Grill, Inc. (a)

    659       1,042,558  

Compass Group plc

    99,476       2,143,814  

Crown Resorts, Ltd. (a)

    20,593       195,730  

Darden Restaurants, Inc. (b)

    3,038       403,902  

Domino’s Pizza Enterprises, Ltd.

    3,326       216,705  

Domino’s Pizza, Inc. (b)

    852       346,773  

Entain plc (a)

    32,652       700,337  

Evolution AB

    9,596       979,316  

Expedia Group, Inc. (a)

    3,418       668,800  

Flutter Entertainment plc (a)

    9,329       1,070,089  

Galaxy Entertainment Group, Ltd.

    121,340       721,158  

Genting Singapore, Ltd.

    334,361       200,286  

Hilton Worldwide Holdings, Inc. (a)

    6,525       990,104  

InterContinental Hotels Group plc

    10,216       691,796  

La Francaise des Jeux SAEM

    5,401       214,080  

Las Vegas Sands Corp. (a)

    8,048       312,826  

Marriott International, Inc. - Class A (a)

    6,405       1,125,679  

McDonald’s Corp.

    17,494       4,325,916  

McDonald’s Holdings Co. Japan, Ltd.

    4,527       188,555  

Melco Resorts & Entertainment, Ltd. (ADR) (a)

    11,926       91,115  

MGM Resorts International

    9,112       382,157  

Norwegian Cruise Line Holdings, Ltd. (a)(b)

    8,663       189,546  

Oriental Land Co., Ltd. (b)

    11,183       2,135,075  

Penn National Gaming, Inc. (a) (b)

    3,889       164,971  

Royal Caribbean Cruises, Ltd. (a) (b)

    5,249       439,761  

Sands China, Ltd. (a)

    134,250       322,209  

Sodexo S.A.

    4,944       401,369  

Starbucks Corp.

    27,625       2,513,046  

Tabcorp Holdings, Ltd.

    122,841       487,127  

Whitbread plc (a)

    11,287       420,023  

Wynn Resorts, Ltd. (a)

    2,464       196,479  

Yum! Brands, Inc.

    6,862       813,353  
   

 

 

 
      29,338,812  
   

 

 

 
Household Durables—0.4%            

Barratt Developments plc

    56,361       384,535  

Berkeley Group Holdings plc

    6,298       306,549  

DR Horton, Inc.

    7,631       568,586  
Household Durables—(Continued)            

Electrolux AB - Series B (b)

    12,471     188,691  

Garmin, Ltd.

    3,557       421,896  

Iida Group Holdings Co., Ltd.

    8,140       140,902  

Lennar Corp. - Class A

    6,364       516,566  

Mohawk Industries, Inc. (a) (b)

    1,284       159,473  

Newell Brands, Inc.

    8,863       189,757  

NVR, Inc. (a)

    77       343,980  

Open House Group Co., Ltd.

    4,627       204,748  

Panasonic Corp.

    123,143       1,192,534  

Persimmon plc

    17,793       500,451  

PulteGroup, Inc.

    5,927       248,341  

Rinnai Corp.

    1,953       146,222  

SEB S.A.

    1,563       218,023  

Sekisui Chemical Co., Ltd. (b)

    20,857       298,724  

Sekisui House, Ltd.

    34,360       666,225  

Sharp Corp. (b)

    11,842       110,897  

Sony Group Corp.

    70,367       7,262,647  

Taylor Wimpey plc

    201,631       344,062  

Whirlpool Corp.

    1,422       245,693  
   

 

 

 
      14,659,502  
   

 

 

 
Household Products—0.5%            

Church & Dwight Co., Inc.

    5,715       567,957  

Clorox Co. (The)

    2,876       399,850  

Colgate-Palmolive Co.

    19,732       1,496,278  

Essity AB - Class B (b)

    33,934       799,535  

Henkel AG & Co. KGaA

    5,805       384,775  

Kimberly-Clark Corp.

    7,883       970,870  

Lion Corp.

    12,404       138,272  

Procter & Gamble Co. (The)

    56,655       8,656,884  

Reckitt Benckiser Group plc

    39,887       3,048,842  

Unicharm Corp.

    22,501       800,199  
   

 

 

 
      17,263,462  
   

 

 

 
Independent Power and Renewable Electricity Producers—0.0%        

AES Corp. (The)

    15,608       401,594  

EDP Renovaveis S.A.

    15,933       410,370  

Meridian Energy, Ltd.

    70,834       246,922  

Uniper SE

    5,164       132,812  
   

 

 

 
      1,191,698  
   

 

 

 
Industrial Conglomerates—0.6%            

3M Co.

    13,491       2,008,540  

CK Hutchison Holdings, Ltd.

    149,344       1,094,940  

DCC plc

    5,509       426,974  

General Electric Co.

    25,709       2,352,374  

Hitachi, Ltd.

    53,988       2,705,256  

Honeywell International, Inc.

    16,117       3,136,046  

Investment AB Latour - B Shares

    8,341       264,963  

Jardine Matheson Holdings, Ltd.

    12,072       662,127  

Keppel Corp., Ltd.

    80,532       380,245  

Lifco AB - B Shares

    12,889       327,090  

Melrose Industries plc

    241,767       391,348  

Roper Technologies, Inc.

    2,470       1,166,408  

Siemens AG

    42,693       5,915,636  

 

BHFTI-10


Table of Contents

Brighthouse Funds Trust I

AB Global Dynamic Allocation Portfolio

Consolidated Schedule of Investments as of March 31, 2022 (Unaudited)

Common Stocks—(Continued)

 

Security Description   Shares     Value  
Industrial Conglomerates—(Continued)            

Smiths Group plc

    22,078     $ 418,507  

Toshiba Corp. (b)

    21,737       824,826  
   

 

 

 
      22,075,280  
   

 

 

 
Insurance—1.8%            

Admiral Group plc

    10,921       365,842  

Aegon NV

    99,865       527,035  

Aflac, Inc.

    14,248       917,429  

Ageas SA

    9,606       483,427  

AIA Group, Ltd.

    674,500       7,061,633  

Allianz SE

    22,784       5,440,692  

Allstate Corp. (The)

    6,711       929,541  

American International Group, Inc.

    19,438       1,220,123  

Aon plc - Class A

    5,158       1,679,600  

Arthur J. Gallagher & Co.

    4,852       847,159  

Assicurazioni Generali S.p.A. (b)

    61,711       1,412,044  

Assurant, Inc.

    1,334       242,561  

Aviva plc

    211,412       1,247,948  

AXA S.A.

    108,592       3,171,311  

Baloise Holding AG

    2,555       455,287  

Brown & Brown, Inc. (b)

    5,488       396,618  

Chubb, Ltd.

    10,084       2,156,968  

Cincinnati Financial Corp.

    3,508       476,948  

CNP Assurances

    9,491       228,836  

Dai-ichi Life Holdings, Inc.

    56,052       1,140,322  

Everest Re Group, Ltd.

    922       277,872  

Gjensidige Forsikring ASA

    11,058       274,328  

Globe Life, Inc.

    2,174       218,704  

Hannover Rueck SE

    3,363       572,770  

Hartford Financial Services Group, Inc. (The)

    7,968       572,182  

Insurance Australia Group, Ltd.

    136,304       443,876  

Japan Post Holdings Co., Ltd.

    136,561       1,003,098  

Japan Post Insurance Co., Ltd.

    11,050       193,296  

Legal & General Group plc

    332,878       1,180,345  

Lincoln National Corp.

    3,976       259,871  

Loews Corp.

    4,691       304,071  

Marsh & McLennan Cos., Inc.

    11,820       2,014,364  

Medibank Private, Ltd.

    152,278       348,689  

MetLife, Inc. (f)

    16,739       1,176,417  

MS&AD Insurance Group Holdings, Inc.

    24,826       806,606  

Muenchener Rueckversicherungs-Gesellschaft AG

    7,831       2,097,661  

NN Group NV

    15,066       759,338  

Phoenix Group Holdings plc

    39,010       312,774  

Poste Italiane S.p.A.

    28,887       327,699  

Principal Financial Group, Inc.

    5,771       423,649  

Progressive Corp. (The)

    13,697       1,561,321  

Prudential Financial, Inc.

    8,849       1,045,686  

Prudential plc

    153,192       2,262,917  

QBE Insurance Group, Ltd.

    82,254       701,026  

Sampo Oyj - A Shares

    27,809       1,357,411  

Sompo Holdings, Inc.

    17,455       767,796  

Suncorp Group, Ltd.

    70,427       582,354  

Swiss Life Holding AG

    1,767       1,127,853  

Swiss Re AG

    16,819       1,600,465  

T&D Holdings, Inc.

    29,411       399,013  
Insurance—(Continued)            

Tokio Marine Holdings, Inc. (b)

    35,003     2,035,850  

Travelers Cos., Inc. (The)

    5,759       1,052,342  

Tryg A/S

    20,109       487,537  

W.R. Berkley Corp.

    4,901       326,324  

Willis Towers Watson plc

    2,917       689,054  

Zurich Insurance Group AG

    8,402       4,142,426  
   

 

 

 
      64,108,309  
   

 

 

 
Interactive Media & Services—1.5%            

Adevinta ASA (a)

    16,255       148,105  

Alphabet, Inc. - Class A (a) (e)

    7,043       19,589,048  

Alphabet, Inc. - Class C (a) (e)

    6,548       18,288,498  

Auto Trader Group plc

    53,013       438,849  

Kakaku.com, Inc.

    7,429       166,153  

Match Group, Inc. (a)

    6,627       720,620  

Meta Platforms, Inc. - Class A (a)

    55,399       12,318,522  

REA Group, Ltd.

    2,968       296,755  

Scout24 SE

    4,663       267,489  

Seek, Ltd.

    18,805       413,788  

Twitter, Inc. (a) (b)

    18,720       724,277  

Z Holdings Corp.

    149,418       648,754  
   

 

 

 
      54,020,858  
   

 

 

 
Internet & Direct Marketing Retail—1.1%            

Amazon.com, Inc. (a)

    10,211       33,287,350  

Delivery Hero SE (a)

    9,135       402,383  

eBay, Inc.

    14,655       839,145  

Etsy, Inc. (a) (b)

    2,968       368,863  

Fiverr International, Ltd. (a) (b)

    1,678       127,646  

Just Eat Takeaway.com NV (a)

    10,062       337,740  

Mercari, Inc. (a)

    5,816       150,821  

Prosus NV

    52,032       2,754,436  

Rakuten Group, Inc.

    48,007       378,460  

Zalando SE (a)

    12,478       633,398  

ZOZO, Inc.

    6,892       183,095  
   

 

 

 
      39,463,337  
   

 

 

 
IT Services—1.5%            

Accenture plc - Class A

    14,788       4,986,957  

Adyen NV (a)

    1,107       2,186,956  

Akamai Technologies, Inc. (a) (b)

    3,803       454,040  

Amadeus IT Group S.A. (a)

    25,120       1,636,216  

Automatic Data Processing, Inc.

    9,865       2,244,682  

Bechtle AG

    4,612       260,273  

Broadridge Financial Solutions, Inc.

    2,729       424,933  

Capgemini SE

    8,966       1,994,426  

Cognizant Technology Solutions Corp. - Class A

    12,297       1,102,672  

Computershare, Ltd.

    30,044       549,656  

DXC Technology Co. (a)

    5,905       192,680  

Edenred

    13,917       687,995  

EPAM Systems, Inc. (a)

    1,328       393,898  

Fidelity National Information Services, Inc.

    14,256       1,431,587  

Fiserv, Inc. (a)

    13,911       1,410,575  

FleetCor Technologies, Inc. (a)

    1,901       473,463  

Fujitsu, Ltd.

    10,966       1,634,836  

 

BHFTI-11


Table of Contents

Brighthouse Funds Trust I

AB Global Dynamic Allocation Portfolio

Consolidated Schedule of Investments as of March 31, 2022 (Unaudited)

Common Stocks—(Continued)

 

Security Description   Shares     Value  
IT Services—(Continued)            

Gartner, Inc. (a)

    1,925     $ 572,610  

Global Payments, Inc.

    6,793       929,554  

GMO Payment Gateway, Inc.

    2,380       242,976  

International Business Machines Corp.

    20,995       2,729,770  

Itochu Techno-Solutions Corp.

    5,308       135,574  

Jack Henry & Associates, Inc.

    1,733       341,488  

MasterCard, Inc. - Class A

    20,310       7,258,388  

NEC Corp.

    13,693       574,442  

Nexi S.p.A. (a)

    29,232       337,661  

Nomura Research Institute, Ltd.

    18,729       612,537  

NTT Data Corp.

    35,191       690,224  

Obic Co., Ltd.

    3,888       582,572  

Otsuka Corp.

    6,418       227,908  

Paychex, Inc.

    7,513       1,025,299  

PayPal Holdings, Inc. (a)

    27,507       3,181,184  

SCSK Corp.

    8,640       148,061  

TIS, Inc.

    11,908       278,518  

VeriSign, Inc. (a)

    2,262       503,204  

Visa, Inc. - Class A (b)

    39,262       8,707,134  

Wix.com, Ltd. (a)

    3,193       333,541  

Worldline S.A. (a)

    13,293       576,294  
   

 

 

 
      52,054,784  
   

 

 

 
Leisure Products—0.1%            

Bandai Namco Holdings, Inc.

    11,141       843,984  

Hasbro, Inc.

    3,035       248,627  

Shimano, Inc.

    4,136       946,049  

Yamaha Corp. (b)

    7,524       328,107  
   

 

 

 
      2,366,767  
   

 

 

 
Life Sciences Tools & Services—0.6%            

Agilent Technologies, Inc.

    7,087       937,823  

Bachem Holding AG - Class B

    352       193,160  

Bio-Rad Laboratories, Inc. - Class A (a)

    506       284,994  

Bio-Techne Corp. (b)

    920       398,397  

Charles River Laboratories International, Inc. (a)

    1,182       335,653  

Danaher Corp.

    14,889       4,367,390  

Eurofins Scientific SE

    7,500       743,496  

Illumina, Inc. (a)

    3,659       1,278,455  

IQVIA Holdings, Inc. (a)

    4,473       1,034,202  

Lonza Group AG

    4,161       3,014,575  

Mettler-Toledo International, Inc. (a)

    539       740,149  

PerkinElmer, Inc. (b)

    2,954       515,355  

QIAGEN NV (a)

    12,876       632,028  

Sartorius Stedim Biotech

    1,542       631,985  

Thermo Fisher Scientific, Inc.

    9,226       5,449,337  

Waters Corp. (a)

    1,429       443,547  

West Pharmaceutical Services, Inc.

    1,735       712,582  
   

 

 

 
      21,713,128  
   

 

 

 
Machinery—1.1%            

Alfa Laval AB

    17,542       603,246  

Alstom S.A.

    17,693       412,442  

Atlas Copco AB - A Shares

    37,444       1,943,287  

Atlas Copco AB - B Shares

    21,759       986,775  
Machinery—(Continued)            

Caterpillar, Inc.

    12,664     2,821,793  

CNH Industrial NV

    57,058       903,461  

Cummins, Inc.

    3,349       686,913  

Daifuku Co., Ltd. (b)

    5,668       404,907  

Daimler Truck Holding AG (a)

    22,944       637,408  

Deere & Co.

    6,606       2,744,529  

Dover Corp.

    3,371       528,910  

Epiroc AB - A Shares

    36,746       786,315  

Epiroc AB - B Shares

    21,505       387,100  

FANUC Corp.

    10,725       1,886,082  

Fortive Corp.

    8,394       511,446  

GEA Group AG

    8,586       354,743  

Hino Motors, Ltd. (b)

    15,885       92,942  

Hitachi Construction Machinery Co., Ltd. (b)

    5,947       154,105  

Hoshizaki Corp.

    3,069       210,497  

Husqvarna AB - B Shares

    23,136       241,146  

IDEX Corp.

    1,780       341,279  

Illinois Tool Works, Inc.

    6,687       1,400,258  

Ingersoll Rand, Inc.

    9,542       480,440  

KION Group AG

    4,039       268,599  

Knorr-Bremse AG

    4,060       311,919  

Komatsu, Ltd.

    48,823       1,171,541  

Kone Oyj - Class B

    18,952       992,620  

Kornit Digital, Ltd. (a) (b)

    2,606       215,490  

Kubota Corp.

    57,281       1,073,903  

Kurita Water Industries, Ltd.

    5,569       205,553  

Makita Corp. (b)

    12,507       400,583  

MINEBEA MITSUMI, Inc. (b)

    20,264       441,428  

MISUMI Group, Inc.

    15,859       471,864  

Mitsubishi Heavy Industries, Ltd.

    17,904       589,631  

Miura Co., Ltd. (b)

    4,849       119,591  

NGK Insulators, Ltd. (b)

    13,922       198,763  

Nordson Corp.

    1,265       287,256  

Otis Worldwide Corp.

    9,944       765,191  

PACCAR, Inc. (b)

    8,128       715,833  

Parker-Hannifin Corp.

    3,023       857,807  

Pentair plc

    3,874       210,010  

Rational AG

    289       200,530  

Sandvik AB

    62,949       1,336,433  

Schindler Holding AG

    1,133       240,231  

Schindler Holding AG (Participation Certificate)

    2,271       484,184  

SKF AB - B Shares (b)

    21,337       346,831  

SMC Corp.

    3,202       1,788,360  

Snap-on, Inc.

    1,258       258,494  

Spirax-Sarco Engineering plc

    4,114       674,172  

Stanley Black & Decker, Inc.

    3,817       533,578  

Techtronic Industries Co., Ltd.

    76,695       1,235,540  

Toyota Industries Corp.

    8,176       562,754  

VAT Group AG (144A)

    1,506       574,237  

Volvo AB - A Shares

    11,072       211,634  

Volvo AB - B Shares

    79,714       1,486,786  

Wartsila Oyj Abp

    26,174       239,057  

Westinghouse Air Brake Technologies Corp. (b)

    4,373       420,551  

Xylem, Inc.

    4,221       359,882  

Yaskawa Electric Corp.

    13,386       522,807  
   

 

 

 
      40,293,667  
   

 

 

 

 

BHFTI-12


Table of Contents

Brighthouse Funds Trust I

AB Global Dynamic Allocation Portfolio

Consolidated Schedule of Investments as of March 31, 2022 (Unaudited)

Common Stocks—(Continued)

 

Security Description   Shares     Value  
Marine—0.1%            

AP Moller - Maersk A/S - Class A

    176     $ 520,105  

AP Moller - Maersk A/S - Class B

    323       973,570  

Kuehne & Nagel International AG

    3,030       858,538  

Mitsui OSK Lines, Ltd.

    19,176       532,339  

Nippon Yusen KK (b)

    9,008       787,233  

SITC International Holdings Co., Ltd.

    74,152       261,756  
   

 

 

 
      3,933,541  
   

 

 

 
Media—0.4%            

Charter Communications, Inc. - Class A (a) (b)

    2,897       1,580,371  

Comcast Corp. - Class A

    106,745       4,997,801  

CyberAgent, Inc.

    22,369       277,347  

Dentsu Group, Inc.

    12,100       494,804  

Discovery, Inc. - Class A (a) (b)

    3,961       98,708  

Discovery, Inc. - Class C (a)

    7,110       177,537  

DISH Network Corp. - Class A (a)

    5,846       185,026  

Fox Corp. - Class A

    7,499       295,835  

Fox Corp. - Class B

    3,442       124,876  

Hakuhodo DY Holdings, Inc. (b)

    12,924       162,406  

Informa plc (a)

    83,812       657,777  

Interpublic Group of Cos., Inc. (The)

    9,218       326,778  

News Corp. - Class A

    9,201       203,802  

News Corp. - Class B

    2,850       64,182  

Omnicom Group, Inc.

    4,976       422,363  

Paramount Global - Class B (b)

    14,204       537,053  

Pearson plc

    41,834       408,714  

Publicis Groupe S.A.

    12,713       772,270  

Schibsted ASA - B Shares

    5,382       114,606  

Schibsted ASA - Class A

    4,043       99,311  

Vivendi SE

    42,896       559,855  

WPP plc

    65,132       852,332  
   

 

 

 
      13,413,754  
   

 

 

 
Metals & Mining—1.1%            

Anglo American plc

    71,358       3,680,393  

Antofagasta plc

    22,060       481,707  

ArcelorMittal S.A.

    35,633       1,145,359  

BHP Group, Ltd.

    282,430       11,000,635  

BlueScope Steel, Ltd.

    27,488       424,761  

Boliden AB

    15,251       773,391  

Evolution Mining, Ltd.

    101,338       329,280  

Fortescue Metals Group, Ltd.

    94,424       1,449,015  

Freeport-McMoRan, Inc.

    34,379       1,710,011  

Glencore plc

    553,142       3,594,742  

Hitachi Metals, Ltd. (a)

    11,857       198,390  

JFE Holdings, Inc.

    27,179       382,483  

Mineral Resources, Ltd.

    9,481       370,619  

Newcrest Mining, Ltd.

    45,190       897,094  

Newmont Corp.

    18,669       1,483,252  

Nippon Steel Corp. (b)

    47,690       845,431  

Norsk Hydro ASA

    74,987       730,688  

Northern Star Resources, Ltd.

    61,156       484,689  

Nucor Corp. (b)

    6,691       994,617  

Rio Tinto plc

    62,692       4,973,101  

Rio Tinto, Ltd.

    20,699       1,833,588  
Metals & Mining—(Continued)            

South32, Ltd.

    259,097     964,829  

Sumitomo Metal Mining Co., Ltd. (b)

    13,783       695,942  

voestalpine AG

    6,549       194,542  
   

 

 

 
      39,638,559  
   

 

 

 
Multi-Utilities—0.5%            

Ameren Corp.

    6,031       565,467  

CenterPoint Energy, Inc. (b)

    14,722       451,082  

CMS Energy Corp.

    6,782       474,333  

Consolidated Edison, Inc.

    8,281       784,045  

Dominion Energy, Inc.

    18,961       1,611,116  

DTE Energy Co.

    4,535       599,572  

E.ON SE

    125,186       1,455,874  

Engie S.A.

    101,842       1,334,987  

National Grid plc

    201,675       3,097,666  

NiSource, Inc.

    9,193       292,337  

Public Service Enterprise Group, Inc.

    11,838       828,660  

RWE AG

    35,820       1,562,408  

Sempra Energy

    7,476       1,256,865  

Veolia Environnement S.A.

    36,549       1,166,255  

WEC Energy Group, Inc.

    7,384       736,997  
   

 

 

 
      16,217,664  
   

 

 

 
Multiline Retail—0.2%            

Dollar General Corp.

    5,462       1,216,005  

Dollar Tree, Inc. (a)

    5,265       843,190  

Next plc

    7,414       584,635  

Pan Pacific International Holdings Corp.

    22,795       365,601  

Ryohin Keikaku Co., Ltd.

    13,972       162,946  

Target Corp.

    11,426       2,424,826  

Wesfarmers, Ltd.

    63,222       2,375,538  
   

 

 

 
      7,972,741  
   

 

 

 
Oil, Gas & Consumable Fuels—1.9%            

Aker BP ASA (b)

    7,111       264,965  

Ampol, Ltd.

    13,176       299,418  

APA Corp.

    8,504       351,470  

BP plc

    1,101,376       5,382,461  

Chevron Corp.

    45,130       7,348,518  

ConocoPhillips

    30,878       3,087,800  

Coterra Energy, Inc.

    19,047       513,698  

Devon Energy Corp.

    14,740       871,576  

Diamondback Energy, Inc.

    3,987       546,538  

ENEOS Holdings, Inc.

    171,112       643,128  

Eni S.p.A.

    140,732       2,063,284  

EOG Resources, Inc.

    13,698       1,633,213  

Equinor ASA

    54,494       2,044,786  

Exxon Mobil Corp.

    99,115       8,185,908  

Galp Energia SGPS S.A.

    27,716       350,743  

Hess Corp.

    6,453       690,729  

Idemitsu Kosan Co., Ltd.

    11,708       323,009  

Inpex Corp.

    57,097       677,998  

Kinder Morgan, Inc.

    45,652       863,279  

Lundin Energy AB

    11,188       474,310  

Marathon Oil Corp.

    18,226       457,655  

 

BHFTI-13


Table of Contents

Brighthouse Funds Trust I

AB Global Dynamic Allocation Portfolio

Consolidated Schedule of Investments as of March 31, 2022 (Unaudited)

Common Stocks—(Continued)

 

Security Description   Shares     Value  
Oil, Gas & Consumable Fuels—(Continued)            

Marathon Petroleum Corp.

    14,412     $ 1,232,226  

Neste Oyj

    23,590       1,074,686  

Occidental Petroleum Corp.

    20,772       1,178,603  

OMV AG

    8,224       392,153  

ONEOK, Inc.

    10,440       737,377  

Phillips 66

    10,258       886,189  

Pioneer Natural Resources Co.

    5,315       1,328,909  

Repsol S.A.

    80,908       1,063,865  

Santos, Ltd.

    179,409       1,031,638  

Shell plc

    429,462       11,786,049  

TotalEnergies SE

    139,962       7,101,495  

Valero Energy Corp.

    9,571       971,839  

Washington H Soul Pattinson & Co., Ltd.

    11,972       254,232  

Williams Cos., Inc. (The)

    28,446       950,381  

Woodside Petroleum, Ltd.

    54,085       1,290,431  
   

 

 

 
      68,354,559  
   

 

 

 
Paper & Forest Products—0.1%            

Mondi plc

    27,074       524,862  

Oji Holdings Corp.

    44,871       223,076  

Stora Enso Oyj - R Shares

    32,438       634,692  

Svenska Cellulosa AB SCA - Class B

    33,789       656,072  

UPM-Kymmene Oyj

    29,761       971,120  
   

 

 

 
      3,009,822  
   

 

 

 
Personal Products—0.5%            

Beiersdorf AG

    5,623       590,872  

Estee Lauder Cos., Inc. (The) - Class A

    5,425       1,477,336  

Kao Corp.

    26,486       1,087,296  

Kobayashi Pharmaceutical Co., Ltd.

    3,015       241,709  

Kose Corp.

    1,893       197,986  

L’Oreal S.A.

    14,007       5,606,523  

Pola Orbis Holdings, Inc.

    5,067       65,932  

Shiseido Co., Ltd.

    22,304       1,130,389  

Unilever plc

    143,251       6,484,933  
   

 

 

 
      16,882,976  
   

 

 

 
Pharmaceuticals—3.3%            

Astellas Pharma, Inc.

    103,812       1,627,390  

AstraZeneca plc

    86,422       11,460,523  

Bayer AG

    54,780       3,747,894  

Bristol-Myers Squibb Co.

    51,965       3,795,004  

Catalent, Inc. (a)

    4,007       444,376  

Chugai Pharmaceutical Co., Ltd.

    37,449       1,252,419  

Daiichi Sankyo Co., Ltd.

    97,709       2,143,583  

Eisai Co., Ltd.

    13,229       613,072  

Eli Lilly and Co.

    18,588       5,323,046  

GlaxoSmithKline plc

    280,565       6,050,085  

Hikma Pharmaceuticals plc

    9,599       258,254  

Ipsen S.A.

    2,139       267,201  

Johnson & Johnson

    61,634       10,923,394  

Kyowa Kirin Co., Ltd.

    15,125       350,905  

Merck & Co., Inc.

    59,136       4,852,109  

Merck KGaA

    7,234       1,515,008  

Nippon Shinyaku Co., Ltd.

    2,795       190,041  
Pharmaceuticals—(Continued)            

Novartis AG

    122,227     10,719,487  

Novo Nordisk A/S - Class B

    93,949       10,404,539  

Ono Pharmaceutical Co., Ltd.

    20,656       518,766  

Organon & Co. (b)

    5,936       207,345  

Orion Oyj - Class B (b)

    5,992       271,898  

Otsuka Holdings Co., Ltd.

    21,773       753,181  

Pfizer, Inc.

    131,407       6,802,940  

Recordati Industria Chimica e Farmaceutica S.p.A.

    5,866       294,898  

Roche Holding AG

    39,189       15,498,282  

Roche Holding AG

    1,785       780,438  

Sanofi

    63,454       6,471,309  

Santen Pharmaceutical Co., Ltd.

    19,924       199,449  

Shionogi & Co., Ltd.

    14,768       906,960  

Sumitomo Dainippon Pharma Co., Ltd. (b)

    9,900       97,764  

Taisho Pharmaceutical Holdings Co., Ltd. (b)

    2,118       98,241  

Takeda Pharmaceutical Co., Ltd. (b)

    88,225       2,524,986  

Teva Pharmaceutical Industries, Ltd. (ADR) (a)

    60,954       572,358  

UCB S.A.

    7,050       843,973  

Viatris, Inc.

    28,314       308,056  

Vifor Pharma AG (a)

    2,724       485,665  

Zoetis, Inc.

    11,077       2,089,011  
   

 

 

 
      115,663,850  
   

 

 

 
Professional Services—0.5%            

Adecco Group AG

    8,914       403,455  

Benefit One, Inc.

    4,422       92,584  

Bureau Veritas S.A.

    16,420       469,009  

Equifax, Inc.

    2,856       677,158  

Experian plc

    51,543       1,987,756  

Intertek Group plc

    8,999       614,545  

Jacobs Engineering Group, Inc.

    3,050       420,321  

Leidos Holdings, Inc.

    3,285       354,846  

Nielsen Holdings plc

    8,400       228,816  

Nihon M&A Center Holdings, Inc.

    16,748       232,739  

Persol Holdings Co., Ltd.

    9,816       220,031  

Randstad NV (b)

    6,684       401,189  

Recruit Holdings Co., Ltd.

    75,653       3,311,881  

RELX plc

    107,998       3,363,938  

Robert Half International, Inc.

    2,606       297,553  

SGS S.A.

    335       930,836  

Teleperformance SE

    3,276       1,249,206  

Verisk Analytics, Inc. (b)

    3,773       809,799  

Wolters Kluwer NV

    14,643       1,558,740  
   

 

 

 
      17,624,402  
   

 

 

 
Real Estate Management & Development—1.2%            

Abrdn European Logistics Income plc (144A)

    37,326       53,772  

ADLER Group S.A. (144A)

    8,692       115,179  

Aeon Mall Co., Ltd.

    11,302       150,320  

Allreal Holding AG

    1,385       296,617  

Amot Investments, Ltd.

    15,148       113,427  

Aroundtown S.A.

    163,944       941,727  

Atrium Ljungberg AB - B Shares

    4,274       86,975  

Azrieli Group, Ltd.

    5,887       516,507  

CA Immobilien Anlagen AG

    3,958       122,285  

 

BHFTI-14


Table of Contents

Brighthouse Funds Trust I

AB Global Dynamic Allocation Portfolio

Consolidated Schedule of Investments as of March 31, 2022 (Unaudited)

Common Stocks—(Continued)

 

Security Description   Shares     Value  
Real Estate Management & Development—(Continued)            

CapitaLand Investment, Ltd. (a)

    388,851     $ 1,139,952  

Castellum AB

    25,803       636,381  

Catena AB

    2,627       158,891  

CBRE Group, Inc. - Class A (a)

    7,835       717,059  

Cibus Nordic Real Estate AB

    4,132       109,793  

City Developments, Ltd.

    67,271       389,415  

Citycon Oyj (b)

    6,909       52,316  

CK Asset Holdings, Ltd.

    300,127       2,051,284  

CLS Holdings plc

    14,878       38,991  

Corem Property Group AB - B Shares

    64,072       166,118  

Daito Trust Construction Co., Ltd.

    3,663       388,643  

Daiwa House Industry Co., Ltd.

    31,577       824,973  

Deutsche Euroshop AG

    4,871       89,980  

Deutsche Wohnen SE

    4,696       157,630  

Dios Fastigheter AB

    8,431       91,185  

Entra ASA (144A)

    5,229       104,777  

ESR Cayman, Ltd. (144A) (a)

    110,007       340,560  

Fabege AB

    24,572       362,428  

Fastighets AB Balder - B Shares (a)

    15,494       1,013,878  

Grainger plc

    69,427       265,249  

Grand City Properties S.A.

    9,179       183,735  

Hang Lung Properties, Ltd.

    305,302       614,248  

Heiwa Real Estate Co., Ltd.

    3,100       100,455  

Helical plc

    9,614       51,737  

Henderson Land Development Co., Ltd.

    204,209       847,779  

Hiag Immobilien Holding AG

    334       37,611  

Hongkong Land Holdings, Ltd.

    174,112       849,345  

Hufvudstaden AB - A Shares

    10,228       144,379  

Hulic Co., Ltd.

    60,484       543,066  

Hysan Development Co., Ltd.

    58,339       170,012  

Intershop Holding AG

    107       73,991  

K-Fast Holding AB (a)

    5,873       41,446  

Kennedy-Wilson Holdings, Inc.

    11,238       274,095  

Kojamo Oyj

    18,593       446,165  

LEG Immobilien SE

    11,018       1,258,278  

Lendlease Corp Ltd

    38,074       316,439  

Lifestyle Communities, Ltd.

    8,962       112,561  

Mitsubishi Estate Co., Ltd.

    174,533       2,595,742  

Mitsui Fudosan Co., Ltd.

    138,850       2,970,694  

Mobimo Holding AG

    616       196,300  

New World Development Co., Ltd.

    218,845       888,624  

Nomura Real Estate Holdings, Inc.

    17,247       413,033  

NP3 Fastigheter AB

    2,638       86,828  

Nyfosa AB

    17,321       246,860  

Pandox AB (a)

    8,415       126,515  

Peach Property Group AG

    1,138       69,907  

Phoenix Spree Deutschland, Ltd.

    7,550       37,774  

Platzer Fastigheter Holding AB - Class B

    5,141       63,413  

PSP Swiss Property AG

    4,102       538,342  

Sagax AB - Class B

    25,287       764,959  

Samhallsbyggnadsbolaget i Norden AB (b)

    105,357       469,213  

Shurgard Self Storage S.A.

    2,394       148,648  

Sino Land Co., Ltd.

    525,065       677,897  

Sirius Real Estate, Ltd.

    102,740       168,478  

Sumitomo Realty & Development Co., Ltd. (b)

    54,944       1,518,709  

Sun Hung Kai Properties, Ltd.

    208,322       2,481,565  
Real Estate Management & Development—(Continued)            

Swire Pacific, Ltd. - Class A

    27,528     167,982  

Swire Properties, Ltd.

    165,252       409,720  

Swiss Prime Site AG

    11,413       1,125,079  

TAG Immobilien AG

    12,035       273,366  

Tokyo Tatemono Co., Ltd.

    18,895       282,980  

Tricon Residential, Inc.

    23,041       366,216  

UOL Group, Ltd.

    72,647       376,573  

Vonovia SE

    115,253       5,388,910  

Wallenstam AB - B Shares

    15,906       230,110  

Wharf Real Estate Investment Co., Ltd.

    248,912       1,230,035  

Wihlborgs Fastigheter AB

    12,643       263,017  
   

 

 

 
      42,139,143  
   

 

 

 
Road & Rail—0.4%            

Aurizon Holdings, Ltd.

    101,779       279,475  

Central Japan Railway Co. (b)

    8,041       1,048,046  

CSX Corp.

    51,927       1,944,666  

East Japan Railway Co.

    16,859       978,497  

Grab Holdings, Ltd. - Class A (a) (b)

    60,546       211,911  

Hankyu Hanshin Holdings, Inc.

    12,830       371,111  

J.B. Hunt Transport Services, Inc.

    1,967       394,954  

Keio Corp. (b)

    5,800       226,433  

Keisei Electric Railway Co., Ltd.

    7,149       198,967  

Kintetsu Group Holdings Co., Ltd. (b)

    9,656       276,253  

MTR Corp., Ltd.

    85,591       461,917  

Nippon Express Holdings, Inc.

    4,325       297,290  

Norfolk Southern Corp.

    5,697       1,624,898  

Odakyu Electric Railway Co., Ltd. (b)

    16,300       270,659  

Old Dominion Freight Line, Inc. (b)

    2,181       651,421  

Tobu Railway Co., Ltd.

    10,441       254,030  

Tokyu Corp.

    27,641       359,019  

Union Pacific Corp.

    15,051       4,112,084  

West Japan Railway Co.

    12,249       508,408  
   

 

 

 
      14,470,039  
   

 

 

 
Semiconductors & Semiconductor Equipment—2.3%            

Advanced Micro Devices, Inc. (a)

    38,272       4,184,661  

Advantest Corp.

    11,128       872,843  

Analog Devices, Inc.

    12,581       2,078,130  

Applied Materials, Inc.

    21,139       2,786,120  

ASM International NV

    2,612       946,850  

ASML Holding NV

    23,056       15,378,338  

Broadcom, Inc.

    9,637       6,068,226  

Disco Corp.

    1,612       449,653  

Enphase Energy, Inc. (a)

    3,158       637,221  

Infineon Technologies AG

    72,817       2,487,678  

Intel Corp.

    95,215       4,718,855  

KLA Corp.

    3,550       1,299,513  

Lam Research Corp.

    3,297       1,772,500  

Lasertec Corp.

    4,206       707,125  

Microchip Technology, Inc.

    12,990       976,069  

Micron Technology, Inc.

    26,189       2,039,861  

Monolithic Power Systems, Inc.

    1,015       492,965  

NVIDIA Corp.

    58,529       15,970,223  

NXP Semiconductors NV

    6,226       1,152,308  

Qorvo, Inc. (a)

    2,580       320,178  

 

BHFTI-15


Table of Contents

Brighthouse Funds Trust I

AB Global Dynamic Allocation Portfolio

Consolidated Schedule of Investments as of March 31, 2022 (Unaudited)

Common Stocks—(Continued)

 

Security Description   Shares     Value  
Semiconductors & Semiconductor Equipment—(Continued)            

QUALCOMM, Inc.

    26,221     $ 4,007,093  

Renesas Electronics Corp. (a)

    70,055       810,618  

Rohm Co., Ltd.

    4,895       380,448  

Skyworks Solutions, Inc.

    3,866       515,260  

SolarEdge Technologies, Inc. (a)

    1,230       396,515