Fund Holdings As of 06/30/2021 MassMutual Diversified Value Fund Brandywine | T. Rowe Price Prior to 5/1/2021, the Fund name was MassMutual Select Diversified Value Fund. Fund Shares or Par Position Market Security Name Ticker CUSIP Weighting (%) Amount Value ($) Wells Fargo & Co WFC 949746101 3.31 305,281 13,826,176 JPMorgan Chase & Co JPM 46625H100 3.07 82,600 12,847,604 Corp Class A CMCSA 20030N101 2.96 216,576 12,349,164 UnitedHealth Group Inc UNH 91324P102 2.70 28,200 11,292,408 Johnson & Johnson JNJ 478160104 2.66 67,448 11,111,384 Bank of America Corp BAC 060505104 2.53 256,800 10,587,864 Anthem Inc ANTM 036752103 2.50 27,398 10,460,556 United Parcel Service Inc Class B UPS 911312106 2.33 46,714 9,715,111 Oracle Corp ORCL 68389X105 2.11 113,000 8,795,920 Exxon Mobil Corp XOM 30231G102 1.90 126,100 7,954,388 Southern Co SO 842587107 1.74 120,377 7,284,012 Philip Morris International Inc PM 718172109 1.72 72,553 7,190,728 General Electric Co GE 369604103 1.59 493,250 6,639,145 CVS Health Corp CVS 126650100 1.52 76,279 6,364,720 Inc CSCO 17275R102 1.47 115,700 6,132,100 MetLife Inc MET 59156R108 1.37 95,502 5,715,795 Inc QCOM 747525103 1.35 39,412 5,633,157 Chubb Ltd CB H1467J104 1.32 34,773 5,526,821 Lowe's Companies Inc LOW 548661107 1.30 28,100 5,450,557 Goldman Sachs Group Inc GS 38141G104 1.23 13,547 5,141,493 L3Harris Technologies Inc LHX 502431109 1.23 23,716 5,126,213 Broadcom Inc AVGO 11135F101 1.21 10,600 5,054,504 TotalEnergies SE TTE 0 1.19 109,515 4,968,405 Sempra Energy SRE 816851109 1.15 36,252 4,802,665 Fifth Third Bancorp FITB 316773100 1.13 123,442 4,719,188 Target Corp TGT 87612E106 1.12 19,300 4,665,582 Corp INTC 458140100 1.10 82,100 4,609,094 Corp MSFT 594918104 1.09 16,740 4,534,866 American International Group Inc AIG 026874784 1.08 95,057 4,524,713 Becton, Dickinson and Co BDX 075887109 1.06 18,164 4,417,303 3M Co MMM 88579Y101 1.05 22,100 4,389,723 Tyson Foods Inc Class A TSN 902494103 1.03 58,169 4,290,545 EOG Resources Inc EOG 26875P101 0.97 48,741 4,066,949 Fixed Inc Clearing Corp.Repo 0 0 0.95 3,954,968 3,954,968 International Paper Co IP 460146103 0.87 58,983 3,616,248 International Business Machines Corp IBM 459200101 0.86 24,500 3,591,455 The Home Depot Inc HD 437076102 0.84 11,000 3,507,790 CF Industries Holdings Inc CF 125269100 0.84 67,875 3,492,169 Bank of Mellon Corp BK 064058100 0.76 62,145 3,183,688 iShares Russell 1000 Value ETF IWD 464287598 0.76 20,000 3,172,400 Loews Corp L 540424108 0.74 56,698 3,098,546 Kimberly-Clark Corp KMB 494368103 0.73 22,922 3,066,505 AbbVie Inc ABBV 00287Y109 0.72 26,593 2,995,436 Morgan Stanley MS 617446448 0.70 31,807 2,916,384 International Flavors & Fragrances Inc IFF 459506101 0.67 18,646 2,785,712 HCA Healthcare Inc HCA 40412C101 0.64 13,000 2,687,620 Equity Residential EQR 29476L107 0.64 34,480 2,654,960 U.S. Bancorp USB 902973304 0.61 44,800 2,552,256 General Motors Co GM 37045V100 0.61 42,800 2,532,476 Inc MU 595112103 0.59 28,900 2,455,922 Cigna Corp CI 125523100 0.58 10,300 2,441,821 PNC Financial Services Group Inc PNC 693475105 0.58 12,700 2,422,652 Boeing Co BA 097023105 0.55 9,538 2,284,923 Truist Financial Corp TFC 89832Q109 0.53 40,100 2,225,550 Ford Motor Co F 345370860 0.53 149,700 2,224,542 Las Vegas Sands Corp LVS 517834107 0.53 41,635 2,193,748 Capital One Financial Corp COF 14040H105 0.50 13,600 2,103,784 The Travelers Companies Inc TRV 89417E109 0.50 14,000 2,095,940 Fund Shares or Par Position Market Security Name Ticker CUSIP Weighting (%) Amount Value ($) General Dynamics Corp GD 369550108 0.50 11,000 2,070,860 Huntington Bancshares Inc HBAN 446150104 0.48 141,000 2,012,070 Weyerhaeuser Co WY 962166104 0.47 57,336 1,973,505 eBay Inc EBAY 278642103 0.44 26,400 1,853,544 NiSource Inc NI 65473P105 0.44 74,867 1,834,242 TotalEnergies SE ADR TTE 89151E109 0.43 39,394 1,782,972 Progressive Corp PGR 743315103 0.41 17,600 1,728,496 Corp EXC 30161N101 0.40 37,400 1,657,194 Conagra Brands Inc CAG 205887102 0.38 43,543 1,584,094 O'Reilly Automotive Inc ORLY 67103H107 0.37 2,700 1,528,767 Citrix Systems Inc CTXS 177376100 0.36 13,000 1,524,510 HP Inc HPQ 40434L105 0.36 49,500 1,494,405 Emerson Electric Co EMR 291011104 0.36 15,500 1,491,720 The Co KHC 500754106 0.36 36,500 1,488,470 The Walt Disney Co DIS 254687106 0.35 8,414 1,478,929 Altria Group Inc MO 02209S103 0.34 29,400 1,401,792 Sanofi SA ADR SNY 80105N105 0.33 26,095 1,374,163 T. Rowe Price Group Inc TROW 74144T108 0.33 6,900 1,365,993 Cummins Inc CMI 231021106 0.33 5,600 1,365,336 Inc WBA 931427108 0.32 25,800 1,357,338 LyondellBasell Industries NV LYB N53745100 0.32 12,900 1,327,023 Archer-Daniels Midland Co ADM 039483102 0.31 21,300 1,290,780 Fox Corp Class B FOX 35137L204 0.31 36,392 1,280,998 D.R. Horton Inc DHI 23331A109 0.30 14,000 1,265,180 Volkswagen AG Participating Preferred VOW3 0 0.30 5,034 1,262,404 Williams Companies Inc WMB 969457100 0.30 46,700 1,239,885 Kinder Morgan Inc Class P KMI 49456B101 0.29 67,500 1,230,525 Public Service Enterprise Group Inc PEG 744573106 0.29 20,300 1,212,722 Prudential Financial Inc PRU 744320102 0.29 11,800 1,209,146 McKesson Corp MCK 58155Q103 0.28 6,200 1,185,688 Allstate Corp ALL 020002101 0.28 9,000 1,173,960 Centene Corp CNC 15135B101 0.28 16,000 1,166,880 DuPont de Nemours Inc DD 26614N102 0.27 14,600 1,130,186 Phillips 66 PSX 718546104 0.27 13,100 1,124,242 Aflac Inc AFL 001055102 0.27 20,900 1,121,494 Nucor Corp NUE 670346105 0.27 11,600 1,112,788 CBRE Group Inc Class A CBRE 12504L109 0.26 12,800 1,097,344 Parker Hannifin Corp PH 701094104 0.26 3,500 1,074,885 Lennar Corp LEN 526057104 0.25 10,600 1,053,110 AutoZone Inc AZO 053332102 0.25 700 1,044,554 Laboratory Corp of America Holdings LH 50540R409 0.24 3,700 1,020,645 Discover Financial Services DFS 254709108 0.24 8,400 993,636 Valero Energy Corp VLO 91913Y100 0.23 12,200 952,576 CDW Corp CDW 12514G108 0.23 5,400 943,110 Inc PCAR 693718108 0.22 10,500 937,125 Inc DLTR 256746108 0.21 9,000 895,500 AmerisourceBergen Corp ABC 03073E105 0.21 7,800 893,022 State Street Corporation STT 857477103 0.21 10,700 880,396 Synchrony Financial SYF 87165B103 0.20 17,500 849,100 Cheniere Energy Inc LNG 16411R208 0.20 9,700 841,378 Dover Corp DOV 260003108 0.20 5,500 828,300 Southern Co Unit - Series A (2019) SOLN 842587602 0.19 15,701 794,942 Northern Trust Corp NTRS 665859104 0.17 6,300 728,406 Hewlett Packard Enterprise Co HPE 42824C109 0.17 49,600 723,168 NetApp Inc NTAP 64110D104 0.17 8,600 703,652 Genuine Parts Co GPC 372460105 0.17 5,500 695,585 Amcor PLC Ordinary Shares AMCR G0250X107 0.17 60,200 689,892 Quest Diagnostics Inc DGX 74834L100 0.16 5,200 686,244 Celanese Corp Class A CE 150870103 0.16 4,500 682,200 United Rentals Inc URI 911363109 0.16 2,100 669,921 The Hartford Financial Services Group Inc HIG 416515104 0.16 10,800 669,276 The AES Corp AES 00130H105 0.16 25,500 664,785 Omnicom Group Inc OMC 681919106 0.16 8,300 663,917 Fund Shares or Par Position Market Security Name Ticker CUSIP Weighting (%) Amount Value ($) Inc SWKS 83088M102 0.16 3,400 651,950 Bio-Rad Laboratories Inc BIO 090572207 0.15 1,000 644,290 Eastman Chemical Co EMN 277432100 0.15 5,200 607,100 Qorvo Inc QRVO 74736K101 0.15 3,100 606,515 Textron Inc TXT 883203101 0.14 8,800 605,176 KeyCorp KEY 493267108 0.14 29,200 602,980 FirstEnergy Corp FE 337932107 0.14 16,200 602,802 Westinghouse Air Brake Technologies Corp WAB 929740108 0.14 7,300 600,790 Masco Corp MAS 574599106 0.14 10,100 594,991 Citizens Financial Group Inc CFG 174610105 0.14 12,700 582,549 Molina Healthcare Inc MOH 60855R100 0.14 2,300 582,038 Regions Financial Corp RF 7591EP100 0.14 28,800 581,184 LKQ Corp LKQ 501889208 0.14 11,600 570,952 PulteGroup Inc PHM 745867101 0.14 10,400 567,528 Nisource 0 65473P121 0.13 5,482 563,495 Tractor Supply Co TSCO 892356106 0.13 3,000 558,180 Ally Financial Inc ALLY 02005N100 0.13 11,100 553,224 Cincinnati Financial Corp CINF 172062101 0.13 4,700 548,114 Mohawk Industries Inc MHK 608190104 0.13 2,800 538,132 M&T Bank Corp MTB 55261F104 0.13 3,700 537,647 Raymond James Financial Inc RJF 754730109 0.13 4,100 532,590 Continental Resources Inc CLR 212015101 0.13 14,000 532,420 FMC Corp FMC 302491303 0.13 4,900 530,180 Fortune Brands Home & Security Inc FBHS 34964C106 0.13 5,300 527,933 Principal Financial Group Inc PFG 74251V102 0.13 8,300 524,477 Whirlpool Corp WHR 963320106 0.13 2,400 523,248 Crown Holdings Inc CCK 228368106 0.12 5,100 521,271 DaVita Inc DVA 23918K108 0.12 4,300 517,849 Advance Auto Parts Inc AAP 00751Y106 0.12 2,500 512,850 Becton, Dickinson and Co PRF PERPETUAL USD 50 - 1/20TH INT Ser B BDXB 075887406 0.12 9,376 501,710 Packaging Corp of America PKG 695156109 0.12 3,700 501,054 Markel Corp MKL 570535104 0.12 420 498,418 NVR Inc NVR 62944T105 0.12 100 497,330 Steel Dynamics Inc STLD 858119100 0.12 8,100 482,760 Fox Corp Class A FOXA 35137L105 0.11 12,900 478,977 PerkinElmer Inc PKI 714046109 0.11 3,100 478,671 Amerco Inc UHAL 023586100 0.11 800 471,520 Snap-on Inc SNA 833034101 0.11 2,100 469,203 The Mosaic Co MOS 61945C103 0.11 14,600 465,886 Arch Capital Group Ltd ACGL G0450A105 0.11 11,900 463,386 Newell Brands Inc NWL 651229106 0.11 16,300 447,761 RPM International Inc RPM 749685103 0.11 5,000 443,400 Universal Health Services Inc Class B UHS 913903100 0.11 3,000 439,290 NortonLifeLock Inc NLOK 668771108 0.10 15,900 432,798 Pentair PLC PNR G7S00T104 0.10 6,400 431,936 JM Smucker Co SJM 832696405 0.10 3,200 414,624 Bunge Ltd BG G16962105 0.10 5,300 414,195 Lumen Technologies Inc Ordinary Shares LUMN 550241103 0.10 30,300 411,777 Owens-Corning Inc OC 690742101 0.10 4,200 411,180 Equitable Holdings Inc EQH 29452E101 0.10 13,200 401,940 WR Berkley Corp WRB 084423102 0.10 5,400 401,922 CarMax Inc KMX 143130102 0.09 3,000 387,450 Evergy Inc EVRG 30034W106 0.09 6,300 380,709 Quanta Services Inc PWR 74762E102 0.09 4,200 380,394 Reliance Steel & Aluminum Co RS 759509102 0.09 2,500 377,250 UGI Corp UGI 902681105 0.09 8,100 375,111 Hubbell Inc HUBB 443510607 0.09 2,000 373,680 Jones Lang LaSalle Inc JLL 48020Q107 0.09 1,900 371,374 Williams-Sonoma Inc WSM 969904101 0.09 2,300 367,195 AGCO Corp AGCO 001084102 0.09 2,800 365,064 Service Corp International SCI 817565104 0.09 6,800 364,412 Lincoln National Corp LNC 534187109 0.09 5,700 358,188 Sealed Air Corp SEE 81211K100 0.09 6,000 355,500 Fund Shares or Par Position Market Security Name Ticker CUSIP Weighting (%) Amount Value ($) Everest Re Group Ltd RE G3223R108 0.08 1,400 352,814 Jabil Inc JBL 466313103 0.08 5,700 331,284 Genpact Ltd G G3922B107 0.08 7,200 327,096 The Scotts Miracle Gro Co A SMG 810186106 0.08 1,700 326,264 American Financial Group Inc AFG 025932104 0.08 2,600 324,272 Molson Coors Beverage Co Shs -B- Non-Voting TAP 60871R209 0.08 6,000 322,140 Arrow Electronics Inc ARW 042735100 0.08 2,800 318,724 AutoNation Inc AN 05329W102 0.07 3,300 312,873 LPL Financial Holdings Inc LPLA 50212V100 0.07 2,300 310,454 ITT Inc ITT 45073V108 0.07 3,300 302,247 East West Bancorp Inc EWBC 27579R104 0.07 4,200 301,098 Lear Corp LEA 521865204 0.07 1,700 297,976 Marathon Oil Corp MRO 565849106 0.07 21,680 295,282 Comerica Inc CMA 200340107 0.07 4,100 292,494 Casey's General Stores Inc CASY 147528103 0.07 1,500 291,960 Brunswick Corp BC 117043109 0.07 2,900 288,898 Henry Schein Inc HSIC 806407102 0.07 3,800 281,922 The Interpublic Group of Companies Inc IPG 460690100 0.07 8,500 276,165 SEI Investments Co SEIC 784117103 0.07 4,400 272,668 Western Alliance Bancorp WAL 957638109 0.06 2,900 269,265 MKS Instruments Inc MKSI 55306N104 0.06 1,500 266,925 Alleghany Corp Y 017175100 0.06 400 266,828 Globe Life Inc GL 37959E102 0.06 2,800 266,700 Assurant Inc AIZ 04621X108 0.06 1,700 265,506 Polaris Inc PII 731068102 0.06 1,900 260,224 Zions Bancorp NA ZION 989701107 0.06 4,900 259,014 Commerce Bancshares Inc CBSH 200525103 0.06 3,400 253,504 Sensata Technologies Holding PLC ST G8060N102 0.06 4,300 249,271 Voya Financial Inc VOYA 929089100 0.06 4,000 246,000 Juniper Networks Inc JNPR 48203R104 0.06 8,800 240,680 Gentex Corp GNTX 371901109 0.06 7,200 238,248 Oshkosh Corp OSK 688239201 0.06 1,900 236,816 Huntington Ingalls Industries Inc HII 446413106 0.06 1,100 231,825 Berry Global Group Inc BERY 08579W103 0.05 3,500 228,270 OneMain Holdings Inc OMF 68268W103 0.05 3,700 221,667 Expeditors International of Washington Inc EXPD 302130109 0.05 1,700 215,220 Sempra 0% SREpB 816851505 0.05 2,116 208,997 Toll Brothers Inc TOL 889478103 0.05 3,300 190,773 Pinnacle West Capital Corp PNW 723484101 0.05 2,300 188,531 Dick's Sporting Goods Inc DKS 253393102 0.04 1,800 180,342 Skechers USA Inc SKX 830566105 0.04 3,600 179,388 Sonoco Products Co SON 835495102 0.04 2,600 173,940 First American Financial Corp FAF 31847R102 0.04 2,700 168,345 Cullen/Frost Bankers Inc CFR 229899109 0.04 1,500 168,000 Old Republic International Corp ORI 680223104 0.04 6,300 156,933 Discovery Inc Class A DISCA 25470F104 0.04 4,800 147,264 Tempur Sealy International Inc TPX 88023U101 0.03 3,200 125,408 Hyatt Hotels Corp Class A H 448579102 0.03 1,600 124,224 Hanesbrands Inc HBI 410345102 0.03 6,200 115,754 Eur 0 0 0.00 12,036 12,036 Usd 0 0 0.00 475 475 T. Rowe Price Gov. Reserve 0 76105Y109 0.00 104 104 Primerica Inc PRI 74164M108 0.04 1,100 147,323 Darling Ingredients Inc DAR 237266101 0.04 2,500 144,200 Huntsman Corp HUN 447011107 0.04 5,700 143,298 Skechers USA Inc SKX 830566105 0.04 3,600 179,388 Old Republic International Corp ORI 680223104 0.04 6,300 156,933 BWX Technologies Inc BWXT 05605H100 0.03 1,900 114,532 Polaris Inc PII 731068102 0.06 1,900 260,224 Hanesbrands Inc HBI 410345102 0.03 6,200 115,754 Hyatt Hotels Corp H 448579102 0.03 1,300 96,525 Deckers Outdoor Corp DECK 243537107 0.02 300 86,034 Fund Shares or Par Position Market Security Name Ticker CUSIP Weighting (%) Amount Value ($)

Investors should carefully consider investment objectives, risks, charges and expenses. This and other important information is contained in the fund prospectuses and summary prospectuses, which can be obtained from www.MassMutual.com/mmfunds/ and should be read carefully before investing.

The mention of individual stocks and other securities in this document does not constitute investment advice.

© 2021 Massachusetts Mutual Life Insurance Company (MassMutual®), Springfield, MA. All rights reserved. www.MassMutual.com Principal Underwriter: MML Distributors, LLC. (MMLD), 1295 State St., Springfield, MA 01111. Member FINRA and SIPC (www.FINRA.org and www.SIPC.org). Investment advisory services provided to the Funds by MML Investment Advisers, LLC (MML Investment Advisers). MMLD and MML Investment Advisers are subsidiaries of Massachusetts Mutual Life Insurance Company (MassMutual), Springfield, MA 01111-0001.

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