Vanguard® Russell 1000 Index Fund
Schedule of Investments (unaudited)
As of November 30, 2023
The fund files its complete schedule of portfolio holdings with the Securities and Exchange Commission (SEC) for the first and third quarters of each fiscal year as an exhibit to its reports on Form N-PORT. The fund’s Form N-PORT reports are available on the SEC’s website at www.sec.gov.
Shares | Market Value ($000) | ||
Common Stocks (99.7%) | |||
Basic Materials (1.9%) | |||
Linde plc | 70,100 | 29,005 | |
Air Products and Chemicals Inc. | 31,661 | 8,566 | |
Freeport-McMoRan Inc. | 204,177 | 7,620 | |
Ecolab Inc. | 35,527 | 6,812 | |
Newmont Corp. (XNYS) | 164,570 | 6,614 | |
Nucor Corp. | 35,878 | 6,098 | |
Dow Inc. | 101,185 | 5,236 | |
Fastenal Co. | 81,606 | 4,894 | |
LyondellBasell Industries NV Class A | 36,988 | 3,518 | |
International Flavors & Fragrances Inc. | 36,448 | 2,747 | |
Steel Dynamics Inc. | 22,902 | 2,728 | |
Reliance Steel & Aluminum Co. | 8,319 | 2,290 | |
Avery Dennison Corp. | 11,476 | 2,232 | |
CF Industries Holdings Inc. | 27,793 | 2,089 | |
Albemarle Corp. | 16,712 | 2,027 | |
Celanese Corp. | 13,907 | 1,928 | |
International Paper Co. | 49,077 | 1,813 | |
Mosaic Co. | 46,865 | 1,682 | |
Eastman Chemical Co. | 17,100 | 1,433 | |
* | Cleveland-Cliffs Inc. | 73,235 | 1,257 |
Royal Gold Inc. | 9,440 | 1,150 | |
United States Steel Corp. | 31,497 | 1,131 | |
* | RBC Bearings Inc. | 3,959 | 1,020 |
FMC Corp. | 17,672 | 948 | |
Southern Copper Corp. | 12,302 | 885 | |
Olin Corp. | 18,646 | 879 | |
Hexcel Corp. | 12,131 | 841 | |
Valvoline Inc. | 23,913 | 819 | |
Alcoa Corp. | 25,033 | 672 | |
Element Solutions Inc. | 31,743 | 665 | |
Timken Co. | 9,007 | 652 | |
Huntsman Corp. | 24,547 | 604 | |
Westlake Corp. | 4,616 | 593 | |
Chemours Co. | 21,423 | 588 | |
Ashland Inc. | 6,643 | 531 | |
NewMarket Corp. | 883 | 468 | |
SSR Mining Inc. (XTSE) | 30,075 | 355 | |
Scotts Miracle-Gro Co. | 5,759 | 320 | |
* | MP Materials Corp. | 14,575 | 231 |
SSR Mining Inc. | 52 | 1 | |
113,942 |
Shares | Market Value ($000) | ||
Consumer Discretionary (14.3%) | |||
* | Amazon.com Inc. | 1,286,814 | 187,991 |
* | Tesla Inc. | 394,064 | 94,607 |
Home Depot Inc. | 144,668 | 45,352 | |
Costco Wholesale Corp. | 63,288 | 37,513 | |
Walmart Inc. | 204,021 | 31,764 | |
* | Netflix Inc. | 62,606 | 29,673 |
McDonald's Corp. | 104,251 | 29,382 | |
* | Walt Disney Co. | 261,037 | 24,196 |
NIKE Inc. Class B | 169,758 | 18,719 | |
Lowe's Cos. Inc. | 83,689 | 16,640 | |
* | Booking Holdings Inc. | 5,309 | 16,594 |
Starbucks Corp. | 161,075 | 15,995 | |
* | Uber Technologies Inc. | 276,812 | 15,607 |
TJX Cos. Inc. | 164,503 | 14,494 | |
Target Corp. | 65,782 | 8,802 | |
* | Chipotle Mexican Grill Inc. | 3,909 | 8,609 |
* | O'Reilly Automotive Inc. | 8,547 | 8,396 |
* | Airbnb Inc. Class A | 57,981 | 7,325 |
Marriott International Inc. Class A | 35,457 | 7,187 | |
* | Lululemon Athletica Inc. | 15,903 | 7,105 |
* | AutoZone Inc. | 2,578 | 6,728 |
Ross Stores Inc. | 47,839 | 6,237 | |
General Motors Co. | 195,639 | 6,182 | |
Hilton Worldwide Holdings Inc. | 36,767 | 6,159 | |
* | Copart Inc. | 122,572 | 6,156 |
Ford Motor Co. | 561,145 | 5,757 | |
DR Horton Inc. | 44,420 | 5,671 | |
Electronic Arts Inc. | 39,153 | 5,404 | |
Yum! Brands Inc. | 40,033 | 5,026 | |
Lennar Corp. Class A | 36,192 | 4,630 | |
* | Trade Desk Inc. Class A | 62,943 | 4,435 |
Estee Lauder Cos. Inc. Class A | 32,839 | 4,193 | |
Dollar General Corp. | 31,300 | 4,104 | |
* | Take-Two Interactive Software Inc. | 23,524 | 3,722 |
* | Spotify Technology SA | 19,997 | 3,702 |
* | Dollar Tree Inc. | 29,737 | 3,675 |
* | Royal Caribbean Cruises Ltd. | 33,387 | 3,588 |
Delta Air Lines Inc. | 91,796 | 3,390 | |
* | Warner Bros Discovery Inc. | 314,654 | 3,288 |
* | Aptiv plc | 38,699 | 3,206 |
Tractor Supply Co. | 15,612 | 3,169 | |
eBay Inc. | 76,257 | 3,127 | |
* | Ulta Beauty Inc. | 7,135 | 3,039 |
* | Expedia Group Inc. | 20,462 | 2,787 |
PulteGroup Inc. | 31,061 | 2,746 | |
Darden Restaurants Inc. | 17,237 | 2,697 | |
Garmin Ltd. | 21,876 | 2,674 | |
Genuine Parts Co. | 20,128 | 2,673 | |
* | Roblox Corp. Class A | 65,402 | 2,571 |
* | NVR Inc. | 413 | 2,542 |
* | Deckers Outdoor Corp. | 3,714 | 2,466 |
* | Coupang Inc. | 156,295 | 2,388 |
Las Vegas Sands Corp. | 50,902 | 2,348 | |
Omnicom Group Inc. | 28,145 | 2,269 | |
* | DraftKings Inc. Class A | 59,227 | 2,265 |
Southwest Airlines Co. | 84,907 | 2,171 | |
* | Carnival Corp. | 141,632 | 2,133 |
Shares | Market Value ($000) | ||
Best Buy Co. Inc. | 27,696 | 1,965 | |
Domino's Pizza Inc. | 5,002 | 1,965 | |
Pool Corp. | 5,407 | 1,878 | |
* | Live Nation Entertainment Inc. | 22,239 | 1,873 |
* | United Airlines Holdings Inc. | 46,549 | 1,834 |
* | Liberty Media Corp.-Liberty Formula One Class C | 28,681 | 1,826 |
Williams-Sonoma Inc. | 9,068 | 1,701 | |
Interpublic Group of Cos. Inc. | 54,812 | 1,685 | |
LKQ Corp. | 37,777 | 1,682 | |
MGM Resorts International | 42,158 | 1,663 | |
RB Global Inc. (XTSE) | 25,736 | 1,639 | |
* | Burlington Stores Inc. | 9,312 | 1,579 |
* | Rivian Automotive Inc. Class A | 94,023 | 1,576 |
* | Five Below Inc. | 7,899 | 1,489 |
Rollins Inc. | 36,478 | 1,486 | |
* | CarMax Inc. | 22,401 | 1,432 |
* | Floor & Decor Holdings Inc. Class A | 15,001 | 1,376 |
* | Etsy Inc. | 17,686 | 1,341 |
* | Caesars Entertainment Inc. | 29,653 | 1,326 |
Toll Brothers Inc. | 15,323 | 1,316 | |
Service Corp. International | 20,976 | 1,285 | |
News Corp. Class A | 56,788 | 1,252 | |
Wynn Resorts Ltd. | 14,710 | 1,242 | |
* | BJ's Wholesale Club Holdings Inc. | 19,141 | 1,236 |
Vail Resorts Inc. | 5,418 | 1,177 | |
Paramount Global Class B | 81,937 | 1,177 | |
Churchill Downs Inc. | 10,049 | 1,163 | |
* | American Airlines Group Inc. | 91,967 | 1,143 |
* | Skechers USA Inc. Class A | 19,191 | 1,131 |
Dick's Sporting Goods Inc. | 8,644 | 1,125 | |
Fox Corp. Class A | 37,760 | 1,115 | |
BorgWarner Inc. (XNYS) | 32,935 | 1,110 | |
Lear Corp. | 8,289 | 1,109 | |
Texas Roadhouse Inc. | 9,619 | 1,083 | |
New York Times Co. Class A | 22,914 | 1,077 | |
Bath & Body Works Inc. | 33,018 | 1,077 | |
Tapestry Inc. | 33,311 | 1,055 | |
Wingstop Inc. | 4,326 | 1,040 | |
Lithia Motors Inc. | 3,889 | 1,038 | |
Gentex Corp. | 33,750 | 1,026 | |
Murphy USA Inc. | 2,771 | 1,024 | |
H&R Block Inc. | 21,466 | 975 | |
* | Mattel Inc. | 50,801 | 965 |
Tempur Sealy International Inc. | 23,565 | 950 | |
Aramark | 33,501 | 938 | |
* | Crocs Inc. | 8,773 | 927 |
Wyndham Hotels & Resorts Inc. | 11,884 | 919 | |
* | Norwegian Cruise Line Holdings Ltd. | 59,860 | 914 |
* | SiteOne Landscape Supply Inc. | 6,381 | 899 |
PVH Corp. | 8,839 | 864 | |
Hasbro Inc. | 18,442 | 856 | |
VF Corp. | 50,410 | 843 | |
Whirlpool Corp. | 7,705 | 839 | |
* | Planet Fitness Inc. Class A | 12,275 | 834 |
* | Capri Holdings Ltd. | 16,099 | 780 |
U-Haul Holding Co. | 14,259 | 772 | |
Hyatt Hotels Corp. Class A | 6,364 | 730 | |
Thor Industries Inc. | 7,370 | 730 |
Shares | Market Value ($000) | ||
* | Bright Horizons Family Solutions Inc. | 8,312 | 727 |
Ralph Lauren Corp. | 5,565 | 720 | |
Nexstar Media Group Inc. | 4,806 | 682 | |
* | Alaska Air Group Inc. | 17,992 | 680 |
* | Wayfair Inc. Class A | 11,855 | 662 |
* | RH | 2,438 | 658 |
Polaris Inc. | 7,795 | 643 | |
* | Ollie's Bargain Outlet Holdings Inc. | 8,647 | 634 |
Boyd Gaming Corp. | 10,674 | 630 | |
Macy's Inc. | 39,182 | 621 | |
* | Liberty Media Corp.-Liberty SiriusXM Class C | 22,554 | 609 |
* | Coty Inc. Class A | 51,990 | 593 |
* | Grand Canyon Education Inc. | 4,250 | 581 |
* | AutoNation Inc. | 4,240 | 574 |
*,1 | GameStop Corp. Class A | 38,600 | 562 |
Harley-Davidson Inc. | 18,638 | 559 | |
Gap Inc. | 27,705 | 556 | |
* | Lyft Inc. Class A | 47,213 | 554 |
* | Avis Budget Group Inc. | 2,978 | 545 |
TKO Group Holdings Inc. | 7,032 | 544 | |
* | Penn Entertainment Inc. | 21,985 | 540 |
Fox Corp. Class B | 19,240 | 532 | |
* | YETI Holdings Inc. | 12,200 | 520 |
Choice Hotels International Inc. | 4,439 | 490 | |
Wendy's Co. | 24,738 | 464 | |
* | Madison Square Garden Sports Corp. | 2,632 | 445 |
*,1 | Lucid Group Inc. | 105,011 | 443 |
Advance Auto Parts Inc. | 8,671 | 440 | |
Newell Brands Inc. | 55,731 | 425 | |
Leggett & Platt Inc. | 18,549 | 424 | |
Penske Automotive Group Inc. | 2,819 | 421 | |
1 | Sirius XM Holdings Inc. | 89,498 | 419 |
Columbia Sportswear Co. | 5,201 | 407 | |
Marriott Vacations Worldwide Corp. | 5,156 | 376 | |
Travel & Leisure Co. | 10,375 | 370 | |
Carter's Inc. | 5,393 | 368 | |
Kohl's Corp. | 15,524 | 364 | |
News Corp. Class B | 14,782 | 341 | |
* | Victoria's Secret & Co. | 11,107 | 299 |
* | TripAdvisor Inc. | 16,307 | 291 |
* | Liberty Media Corp.-Liberty SiriusXM Class A | 10,306 | 278 |
* | Under Armour Inc. Class A | 33,501 | 273 |
* | QuantumScape Corp. | 40,920 | 259 |
Nordstrom Inc. | 16,212 | 253 | |
* | Peloton Interactive Inc. Class A | 43,021 | 244 |
* | Liberty Media Corp.-Liberty Live Class C | 6,873 | 235 |
* | Under Armour Inc. Class C | 23,694 | 181 |
Phinia Inc. | 6,726 | 172 | |
* | Hertz Global Holdings Inc. | 18,861 | 157 |
Lennar Corp. Class B | 1,181 | 136 | |
* | Liberty Media Corp.-Liberty Formula One Class A | 2,153 | 123 |
* | Driven Brands Holdings Inc. | 8,348 | 110 |
*,1 | Cava Group Inc. | 2,629 | 89 |
* | Liberty Media Corp.-Liberty Live Class A | 2,655 | 87 |
* | Mister Car Wash Inc. | 11,833 | 86 |
* | U-Haul Holding Co. (XNYS) | 1,129 | 64 |
* | AMC Entertainment Holdings Inc. Class A | 8,670 | 58 |
1 | Paramount Global Class A | 2,317 | 41 |
Shares | Market Value ($000) | ||
* | Petco Health & Wellness Co. Inc. | 11,536 | 35 |
* | Playtika Holding Corp. | 3,315 | 29 |
859,944 | |||
Consumer Staples (4.9%) | |||
Procter & Gamble Co. | 336,389 | 51,643 | |
PepsiCo Inc. | 196,816 | 33,122 | |
Coca-Cola Co. | 556,488 | 32,521 | |
Philip Morris International Inc. | 221,563 | 20,685 | |
Mondelez International Inc. Class A | 193,991 | 13,785 | |
CVS Health Corp. | 182,742 | 12,417 | |
Altria Group Inc. | 254,953 | 10,718 | |
Colgate-Palmolive Co. | 117,332 | 9,242 | |
McKesson Corp. | 19,375 | 9,117 | |
Kimberly-Clark Corp. | 48,005 | 5,940 | |
* | Monster Beverage Corp. | 106,296 | 5,862 |
Archer-Daniels-Midland Co. | 76,352 | 5,629 | |
Constellation Brands Inc. Class A | 23,035 | 5,540 | |
General Mills Inc. | 83,918 | 5,342 | |
Sysco Corp. | 72,540 | 5,235 | |
Kenvue Inc. | 248,154 | 5,072 | |
Cencora Inc. | 23,110 | 4,700 | |
Corteva Inc. | 101,957 | 4,609 | |
Keurig Dr Pepper Inc. | 136,251 | 4,302 | |
Kroger Co. | 93,260 | 4,129 | |
Kraft Heinz Co. | 114,771 | 4,030 | |
Hershey Co. | 20,944 | 3,936 | |
Church & Dwight Co. Inc. | 34,763 | 3,359 | |
Clorox Co. | 17,588 | 2,521 | |
Bunge Global SA | 21,235 | 2,333 | |
McCormick & Co. Inc. | 35,823 | 2,322 | |
Lamb Weston Holdings Inc. | 20,693 | 2,070 | |
Walgreens Boots Alliance Inc. | 101,559 | 2,025 | |
Kellanova | 37,040 | 1,946 | |
Conagra Brands Inc. | 67,722 | 1,916 | |
Tyson Foods Inc. Class A | 39,503 | 1,850 | |
J M Smucker Co. | 14,657 | 1,608 | |
Molson Coors Beverage Co. Class B | 24,740 | 1,523 | |
Brown-Forman Corp. Class B | 25,202 | 1,480 | |
Casey's General Stores Inc. | 5,268 | 1,451 | |
* | Performance Food Group Co. | 22,052 | 1,435 |
* | US Foods Holding Corp. | 32,695 | 1,433 |
Albertsons Cos. Inc. Class A | 58,669 | 1,277 | |
Hormel Foods Corp. | 40,774 | 1,247 | |
Campbell Soup Co. | 27,652 | 1,111 | |
* | Celsius Holdings Inc. | 20,631 | 1,022 |
* | Darling Ingredients Inc. | 22,848 | 1,002 |
Ingredion Inc. | 9,487 | 972 | |
* | Post Holdings Inc. | 7,611 | 650 |
Flowers Foods Inc. | 27,230 | 567 | |
* | Freshpet Inc. | 6,692 | 475 |
Brown-Forman Corp. Class A | 7,893 | 475 | |
* | Boston Beer Co. Inc. Class A | 1,313 | 466 |
Spectrum Brands Holdings Inc. | 5,819 | 403 | |
* | Grocery Outlet Holding Corp. | 13,667 | 386 |
Reynolds Consumer Products Inc. | 7,629 | 200 | |
* | Pilgrim's Pride Corp. | 6,343 | 162 |
Seaboard Corp. | 36 | 127 | |
WK Kellogg Co. | 9,260 | 104 |
Shares | Market Value ($000) | ||
* | Olaplex Holdings Inc. | 17,753 | 39 |
297,533 | |||
Energy (4.1%) | |||
Exxon Mobil Corp. | 578,138 | 59,398 | |
Chevron Corp. | 252,815 | 36,304 | |
ConocoPhillips | 173,194 | 20,016 | |
Schlumberger NV | 203,420 | 10,586 | |
EOG Resources Inc. | 83,853 | 10,320 | |
Marathon Petroleum Corp. | 60,624 | 9,045 | |
Phillips 66 | 65,855 | 8,488 | |
Pioneer Natural Resources Co. | 33,228 | 7,697 | |
Williams Cos. Inc. | 173,961 | 6,400 | |
Cheniere Energy Inc. | 34,663 | 6,314 | |
Valero Energy Corp. | 50,341 | 6,311 | |
Occidental Petroleum Corp. | 99,494 | 5,885 | |
Hess Corp. | 39,581 | 5,564 | |
Kinder Morgan Inc. | 280,053 | 4,921 | |
Baker Hughes Co. | 144,349 | 4,872 | |
Halliburton Co. | 127,826 | 4,733 | |
ONEOK Inc. | 63,853 | 4,396 | |
Devon Energy Corp. | 91,588 | 4,119 | |
Diamondback Energy Inc. | 25,860 | 3,993 | |
Targa Resources Corp. | 31,865 | 2,882 | |
Coterra Energy Inc. | 107,095 | 2,811 | |
* | First Solar Inc. | 15,167 | 2,393 |
Marathon Oil Corp. | 88,333 | 2,246 | |
EQT Corp. | 51,237 | 2,047 | |
* | Enphase Energy Inc. | 18,973 | 1,917 |
Ovintiv Inc. (XNYS) | 36,701 | 1,627 | |
APA Corp. | 44,024 | 1,585 | |
Chesapeake Energy Corp. | 17,981 | 1,444 | |
Texas Pacific Land Corp. | 802 | 1,341 | |
TechnipFMC plc | 63,222 | 1,310 | |
Range Resources Corp. | 33,019 | 1,073 | |
HF Sinclair Corp. | 20,378 | 1,070 | |
NOV Inc. | 56,503 | 1,063 | |
* | Southwestern Energy Co. | 155,289 | 1,023 |
* | Antero Resources Corp. | 40,742 | 963 |
DTE Midstream LLC | 14,061 | 806 | |
Antero Midstream Corp. | 48,902 | 651 | |
New Fortress Energy Inc. | 9,069 | 349 | |
* | Plug Power Inc. | 75,274 | 304 |
* | ChargePoint Holdings Inc. | 40,929 | 76 |
248,343 | |||
Financials (10.5%) | |||
* | Berkshire Hathaway Inc. Class B | 261,677 | 94,204 |
JPMorgan Chase & Co. | 412,367 | 64,362 | |
Bank of America Corp. | 994,443 | 30,321 | |
Wells Fargo & Co. | 523,999 | 23,365 | |
S&P Global Inc. | 45,824 | 19,055 | |
BlackRock Inc. | 21,213 | 15,936 | |
Goldman Sachs Group Inc. | 46,115 | 15,750 | |
Marsh & McLennan Cos. Inc. | 70,774 | 14,114 | |
Progressive Corp. | 83,432 | 13,685 | |
Morgan Stanley | 171,703 | 13,623 | |
Chubb Ltd. | 58,891 | 13,511 | |
Charles Schwab Corp. | 211,583 | 12,974 |
Shares | Market Value ($000) | ||
Citigroup Inc. | 277,731 | 12,803 | |
Blackstone Inc. | 101,658 | 11,423 | |
CME Group Inc. | 51,336 | 11,210 | |
Aon plc Class A (XNYS) | 28,879 | 9,486 | |
Intercontinental Exchange Inc. | 80,891 | 9,209 | |
US Bancorp | 219,154 | 8,354 | |
Moody's Corp. | 22,667 | 8,273 | |
PNC Financial Services Group Inc. | 56,928 | 7,626 | |
Arthur J Gallagher & Co. | 30,253 | 7,533 | |
Aflac Inc. | 85,955 | 7,109 | |
KKR & Co. Inc. | 92,334 | 7,003 | |
Apollo Global Management Inc. | 74,545 | 6,858 | |
American International Group Inc. | 103,112 | 6,786 | |
Truist Financial Corp. | 189,543 | 6,092 | |
Travelers Cos. Inc. | 32,963 | 5,954 | |
MetLife Inc. | 92,088 | 5,860 | |
MSCI Inc. | 10,933 | 5,694 | |
Bank of New York Mellon Corp. | 111,659 | 5,395 | |
Ameriprise Financial Inc. | 15,026 | 5,312 | |
Allstate Corp. | 37,456 | 5,164 | |
Prudential Financial Inc. | 52,432 | 5,127 | |
* | Arch Capital Group Ltd. | 51,098 | 4,276 |
Willis Towers Watson plc | 14,939 | 3,679 | |
Hartford Financial Services Group Inc. | 43,385 | 3,391 | |
State Street Corp. | 45,503 | 3,314 | |
Discover Financial Services | 35,382 | 3,291 | |
Broadridge Financial Solutions Inc. | 16,707 | 3,238 | |
T Rowe Price Group Inc. | 31,488 | 3,153 | |
M&T Bank Corp. | 23,566 | 3,020 | |
* | Coinbase Global Inc. Class A | 23,733 | 2,960 |
Raymond James Financial Inc. | 27,033 | 2,843 | |
Fifth Third Bancorp | 96,671 | 2,799 | |
Cboe Global Markets Inc. | 14,948 | 2,723 | |
Nasdaq Inc. | 48,627 | 2,715 | |
* | Markel Group Inc. | 1,883 | 2,710 |
* | NU Holdings Ltd. Class A | 328,422 | 2,673 |
Ares Management Corp. Class A | 22,730 | 2,551 | |
Principal Financial Group Inc. | 34,465 | 2,545 | |
Brown & Brown Inc. | 33,763 | 2,523 | |
Everest Group Ltd. | 6,084 | 2,498 | |
FactSet Research Systems Inc. | 5,472 | 2,481 | |
LPL Financial Holdings Inc. | 11,127 | 2,474 | |
Northern Trust Corp. | 29,123 | 2,308 | |
Huntington Bancshares Inc. | 204,401 | 2,302 | |
First Citizens BancShares Inc. Class A | 1,531 | 2,247 | |
Cincinnati Financial Corp. | 21,842 | 2,245 | |
Regions Financial Corp. | 134,381 | 2,241 | |
W R Berkley Corp. | 29,159 | 2,115 | |
Loews Corp. | 26,252 | 1,845 | |
Citizens Financial Group Inc. | 67,253 | 1,834 | |
Fidelity National Financial Inc. | 37,352 | 1,675 | |
KeyCorp | 131,760 | 1,633 | |
Tradeweb Markets Inc. Class A | 16,526 | 1,601 | |
Reinsurance Group of America Inc. | 9,561 | 1,559 | |
Equitable Holdings Inc. | 50,545 | 1,551 | |
RenaissanceRe Holdings Ltd. | 7,208 | 1,545 | |
Globe Life Inc. | 12,345 | 1,520 | |
MarketAxess Holdings Inc. | 5,348 | 1,284 |
Shares | Market Value ($000) | ||
Assurant Inc. | 7,634 | 1,283 | |
East West Bancorp Inc. | 20,208 | 1,271 | |
Annaly Capital Management Inc. | 69,912 | 1,263 | |
American Financial Group Inc. | 10,461 | 1,197 | |
Unum Group | 27,727 | 1,192 | |
Ally Financial Inc. | 38,989 | 1,139 | |
Webster Financial Corp. | 25,075 | 1,125 | |
Old Republic International Corp. | 38,222 | 1,120 | |
Interactive Brokers Group Inc. Class A | 14,348 | 1,117 | |
XP Inc. Class A | 47,872 | 1,115 | |
Kinsale Capital Group Inc. | 3,152 | 1,104 | |
Primerica Inc. | 5,207 | 1,091 | |
Morningstar Inc. | 3,618 | 1,025 | |
Carlyle Group Inc. | 29,817 | 1,022 | |
Franklin Resources Inc. | 40,942 | 1,015 | |
First Horizon Corp. | 78,948 | 1,010 | |
Voya Financial Inc. | 14,119 | 1,010 | |
New York Community Bancorp Inc. | 102,547 | 965 | |
* | SoFi Technologies Inc. | 132,216 | 964 |
Jefferies Financial Group Inc. | 27,081 | 960 | |
Stifel Financial Corp. | 14,875 | 908 | |
First American Financial Corp. | 14,501 | 864 | |
Comerica Inc. | 18,950 | 857 | |
Blue Owl Capital Inc. | 62,997 | 849 | |
Starwood Property Trust Inc. | 42,604 | 847 | |
SEI Investments Co. | 14,359 | 842 | |
* | Robinhood Markets Inc. Class A | 95,642 | 842 |
Commerce Bancshares Inc. | 16,574 | 838 | |
Cullen/Frost Bankers Inc. | 8,330 | 819 | |
Western Alliance Bancorp | 15,573 | 798 | |
Pinnacle Financial Partners Inc. | 10,949 | 795 | |
Houlihan Lokey Inc. | 7,227 | 779 | |
RLI Corp. | 5,628 | 763 | |
AGNC Investment Corp. | 85,810 | 757 | |
Evercore Inc. Class A | 5,075 | 749 | |
Wintrust Financial Corp. | 8,739 | 749 | |
Prosperity Bancshares Inc. | 12,336 | 744 | |
Zions Bancorp NA | 20,748 | 739 | |
Invesco Ltd. | 51,537 | 735 | |
Popular Inc. | 9,676 | 714 | |
Rithm Capital Corp. | 68,030 | 706 | |
MGIC Investment Corp. | 39,787 | 700 | |
Affiliated Managers Group Inc. | 4,980 | 675 | |
OneMain Holdings Inc. | 15,892 | 672 | |
Columbia Banking System Inc. | 29,134 | 653 | |
Bank OZK | 15,565 | 652 | |
Synovus Financial Corp. | 21,045 | 648 | |
Axis Capital Holdings Ltd. | 11,198 | 631 | |
* | Ryan Specialty Holdings Inc. | 13,378 | 614 |
FNB Corp. | 51,132 | 613 | |
Hanover Insurance Group Inc. | 4,933 | 613 | |
Corebridge Financial Inc. | 28,235 | 594 | |
Lincoln National Corp. | 23,712 | 564 | |
Assured Guaranty Ltd. | 8,238 | 559 | |
White Mountains Insurance Group Ltd. | 355 | 544 | |
SLM Corp. | 32,693 | 491 | |
* | Brighthouse Financial Inc. | 9,424 | 490 |
Janus Henderson Group plc | 18,727 | 490 |
Shares | Market Value ($000) | ||
Lazard Ltd. Class A | 15,302 | 459 | |
* | Credit Acceptance Corp. | 889 | 406 |
Kemper Corp. | 8,730 | 386 | |
First Hawaiian Inc. | 17,791 | 350 | |
TPG Inc. | 8,966 | 314 | |
BOK Financial Corp. | 4,091 | 294 | |
Virtu Financial Inc. Class A | 12,995 | 234 | |
CNA Financial Corp. | 3,809 | 160 | |
* | Rocket Cos. Inc. Class A | 16,816 | 157 |
TFS Financial Corp. | 6,951 | 92 | |
1 | UWM Holdings Corp. | 11,342 | 62 |
632,332 | |||
Health Care (12.0%) | |||
UnitedHealth Group Inc. | 132,780 | 73,423 | |
Eli Lilly & Co. | 120,873 | 71,441 | |
Johnson & Johnson | 344,272 | 53,245 | |
Merck & Co. Inc. | 362,843 | 37,184 | |
AbbVie Inc. | 252,080 | 35,894 | |
Thermo Fisher Scientific Inc. | 55,105 | 27,319 | |
Abbott Laboratories | 247,213 | 25,782 | |
Pfizer Inc. | 806,919 | 24,587 | |
Danaher Corp. | 93,972 | 20,985 | |
Amgen Inc. | 76,313 | 20,577 | |
Elevance Health Inc. | 33,828 | 16,220 | |
* | Intuitive Surgical Inc. | 49,825 | 15,488 |
Medtronic plc | 189,644 | 15,033 | |
Stryker Corp. | 50,711 | 15,027 | |
Bristol-Myers Squibb Co. | 300,242 | 14,826 | |
Gilead Sciences Inc. | 178,487 | 13,672 | |
* | Vertex Pharmaceuticals Inc. | 36,779 | 13,050 |
* | Regeneron Pharmaceuticals Inc. | 14,793 | 12,187 |
Zoetis Inc. | 66,030 | 11,665 | |
* | Boston Scientific Corp. | 204,924 | 11,453 |
Cigna Group | 41,662 | 10,952 | |
Becton Dickinson & Co. | 40,465 | 9,557 | |
Humana Inc. | 17,816 | 8,638 | |
HCA Healthcare Inc. | 29,159 | 7,304 | |
* | DexCom Inc. | 55,263 | 6,384 |
* | Edwards Lifesciences Corp. | 86,119 | 5,831 |
* | Centene Corp. | 77,406 | 5,703 |
* | IQVIA Holdings Inc. | 26,360 | 5,644 |
* | IDEXX Laboratories Inc. | 11,769 | 5,482 |
Agilent Technologies Inc. | 42,219 | 5,396 | |
* | Biogen Inc. | 20,581 | 4,818 |
* | Seagen Inc. | 20,020 | 4,268 |
Cardinal Health Inc. | 36,470 | 3,905 | |
GE Healthcare Inc. | 55,725 | 3,815 | |
West Pharmaceutical Services Inc. | 10,572 | 3,708 | |
* | Moderna Inc. | 47,505 | 3,691 |
* | Veeva Systems Inc. Class A | 20,664 | 3,602 |
Zimmer Biomet Holdings Inc. | 30,048 | 3,495 | |
ResMed Inc. | 20,762 | 3,275 | |
* | ICON plc | 11,585 | 3,092 |
* | Molina Healthcare Inc. | 8,223 | 3,006 |
* | Alnylam Pharmaceuticals Inc. | 17,587 | 2,959 |
STERIS plc | 14,102 | 2,834 | |
Laboratory Corp. of America Holdings | 12,604 | 2,734 | |
Baxter International Inc. | 72,098 | 2,601 |
Shares | Market Value ($000) | ||
* | Hologic Inc. | 34,669 | 2,472 |
* | BioMarin Pharmaceutical Inc. | 26,625 | 2,425 |
Cooper Cos. Inc. | 6,930 | 2,335 | |
* | Align Technology Inc. | 10,884 | 2,327 |
* | Illumina Inc. | 22,571 | 2,301 |
Quest Diagnostics Inc. | 15,927 | 2,186 | |
* | Avantor Inc. | 95,936 | 2,032 |
* | Insulet Corp. | 9,875 | 1,867 |
* | Exact Sciences Corp. | 25,424 | 1,627 |
* | Neurocrine Biosciences Inc. | 13,910 | 1,622 |
Revvity Inc. | 17,961 | 1,597 | |
Viatris Inc. | 169,372 | 1,555 | |
* | United Therapeutics Corp. | 6,398 | 1,535 |
Teleflex Inc. | 6,773 | 1,529 | |
* | Charles River Laboratories International Inc. | 7,309 | 1,440 |
Royalty Pharma plc Class A | 52,523 | 1,422 | |
* | Incyte Corp. | 26,120 | 1,419 |
Bio-Techne Corp. | 22,069 | 1,388 | |
* | QIAGEN NV | 32,141 | 1,323 |
* | Repligen Corp. | 8,008 | 1,259 |
* | Henry Schein Inc. | 18,416 | 1,229 |
Chemed Corp. | 2,115 | 1,199 | |
Universal Health Services Inc. Class B | 8,713 | 1,198 | |
* | Penumbra Inc. | 5,125 | 1,138 |
* | Jazz Pharmaceuticals plc | 8,799 | 1,040 |
* | Sarepta Therapeutics Inc. | 12,656 | 1,029 |
* | Ionis Pharmaceuticals Inc. | 20,550 | 1,017 |
* | Exelixis Inc. | 46,224 | 1,008 |
* | Catalent Inc. | 25,918 | 1,007 |
* | Tenet Healthcare Corp. | 14,535 | 1,003 |
Bruker Corp. | 15,303 | 996 | |
* | Karuna Therapeutics Inc. | 5,116 | 978 |
DENTSPLY SIRONA Inc. | 29,862 | 948 | |
* | Acadia Healthcare Co. Inc. | 12,913 | 942 |
* | Bio-Rad Laboratories Inc. Class A | 3,041 | 927 |
Encompass Health Corp. | 14,203 | 926 | |
* | Shockwave Medical Inc. | 5,212 | 910 |
* | Medpace Holdings Inc. | 3,278 | 887 |
* | Natera Inc. | 15,007 | 840 |
* | Elanco Animal Health Inc. (XNYS) | 69,067 | 814 |
* | DaVita Inc. | 7,831 | 794 |
* | Apellis Pharmaceuticals Inc. | 14,366 | 774 |
* | Globus Medical Inc. Class A | 16,933 | 761 |
* | Inspire Medical Systems Inc. | 4,156 | 604 |
Perrigo Co. plc | 19,441 | 592 | |
* | Masimo Corp. | 6,277 | 588 |
* | 10X Genomics Inc. Class A | 13,225 | 576 |
* | Envista Holdings Corp. | 23,570 | 535 |
* | QuidelOrtho Corp. | 7,498 | 515 |
* | Azenta Inc. | 9,065 | 511 |
* | Roivant Sciences Ltd. | 50,274 | 481 |
* | agilon health Inc. | 41,869 | 445 |
* | Amedisys Inc. | 4,697 | 440 |
* | Teladoc Health Inc. | 23,925 | 434 |
Organon & Co. | 36,805 | 417 | |
* | Ultragenyx Pharmaceutical Inc. | 10,293 | 400 |
* | Integra LifeSciences Holdings Corp. | 10,094 | 396 |
* | Doximity Inc. Class A | 16,911 | 393 |
Shares | Market Value ($000) | ||
* | Fortrea Holdings Inc. | 12,756 | 375 |
* | Mirati Therapeutics Inc. | 6,560 | 372 |
* | Enovis Corp. | 7,400 | 366 |
Premier Inc. Class A | 17,404 | 358 | |
* | Ginkgo Bioworks Holdings Inc. | 214,592 | 277 |
* | ICU Medical Inc. | 2,802 | 246 |
* | Certara Inc. | 16,941 | 244 |
* | R1 RCM Inc. | 21,415 | 227 |
* | Sotera Health Co. | 14,100 | 192 |
* | Novocure Ltd. | 15,125 | 186 |
* | Tandem Diabetes Care Inc. | 8,770 | 177 |
* | Maravai LifeSciences Holdings Inc. Class A | 14,777 | 75 |
720,200 | |||
Industrials (12.6%) | |||
Visa Inc. Class A | 231,360 | 59,386 | |
Mastercard Inc. Class A | 119,879 | 49,610 | |
Accenture plc Class A | 90,237 | 30,062 | |
Union Pacific Corp. | 87,072 | 19,615 | |
General Electric Co. | 154,798 | 18,854 | |
Honeywell International Inc. | 95,026 | 18,618 | |
Caterpillar Inc. | 73,764 | 18,494 | |
* | Boeing Co. | 79,624 | 18,443 |
RTX Corp. | 208,596 | 16,996 | |
United Parcel Service Inc. Class B (XNYS) | 103,360 | 15,670 | |
Lockheed Martin Corp. | 32,332 | 14,477 | |
American Express Co. | 84,392 | 14,412 | |
Deere & Co. | 38,524 | 14,039 | |
Automatic Data Processing Inc. | 59,099 | 13,588 | |
Eaton Corp. plc | 56,832 | 12,940 | |
* | Fiserv Inc. | 86,616 | 11,313 |
Illinois Tool Works Inc. | 43,318 | 10,492 | |
Northrop Grumman Corp. | 20,419 | 9,702 | |
Sherwin-Williams Co. | 33,939 | 9,462 | |
CSX Corp. | 285,741 | 9,229 | |
* | PayPal Holdings Inc. | 160,090 | 9,223 |
General Dynamics Corp. | 34,960 | 8,634 | |
FedEx Corp. | 33,118 | 8,572 | |
Parker-Hannifin Corp. | 18,213 | 7,890 | |
3M Co. | 78,691 | 7,796 | |
Trane Technologies plc | 32,512 | 7,329 | |
Emerson Electric Co. | 81,522 | 7,247 | |
TransDigm Group Inc. | 7,460 | 7,183 | |
Norfolk Southern Corp. | 32,454 | 7,080 | |
Cintas Corp. | 12,394 | 6,857 | |
PACCAR Inc. | 73,278 | 6,728 | |
Carrier Global Corp. | 118,735 | 6,169 | |
Capital One Financial Corp. | 54,131 | 6,044 | |
Paychex Inc. | 46,069 | 5,619 | |
Old Dominion Freight Line Inc. | 14,079 | 5,478 | |
Johnson Controls International plc | 98,181 | 5,184 | |
L3Harris Technologies Inc. | 27,017 | 5,155 | |
AMETEK Inc. | 32,770 | 5,087 | |
Otis Worldwide Corp. | 59,127 | 5,073 | |
Ferguson plc | 29,478 | 5,051 | |
WW Grainger Inc. | 6,374 | 5,011 | |
Fidelity National Information Services Inc. | 84,660 | 4,964 | |
Verisk Analytics Inc. | 20,410 | 4,928 | |
* | Block Inc. (XNYS) | 77,433 | 4,912 |
Shares | Market Value ($000) | ||
PPG Industries Inc. | 33,547 | 4,763 | |
DuPont de Nemours Inc. | 65,618 | 4,694 | |
United Rentals Inc. | 9,783 | 4,657 | |
Cummins Inc. | 20,247 | 4,539 | |
Rockwell Automation Inc. | 16,355 | 4,505 | |
Global Payments Inc. | 37,365 | 4,351 | |
Ingersoll Rand Inc. (XYNS) | 57,551 | 4,111 | |
Martin Marietta Materials Inc. | 8,826 | 4,100 | |
Vulcan Materials Co. | 18,917 | 4,040 | |
Quanta Services Inc. | 20,551 | 3,870 | |
Equifax Inc. | 17,406 | 3,789 | |
* | Fair Isaac Corp. | 3,460 | 3,763 |
Xylem Inc. | 33,891 | 3,563 | |
Fortive Corp. | 50,551 | 3,487 | |
* | Keysight Technologies Inc. | 25,381 | 3,449 |
* | Mettler-Toledo International Inc. | 3,126 | 3,413 |
Westinghouse Air Brake Technologies Corp. | 25,447 | 2,966 | |
Howmet Aerospace Inc. | 54,023 | 2,842 | |
Dover Corp. | 19,898 | 2,809 | |
* | Teledyne Technologies Inc. | 6,661 | 2,684 |
Expeditors International of Washington Inc. | 21,642 | 2,604 | |
* | FleetCor Technologies Inc. | 10,208 | 2,455 |
* | Builders FirstSource Inc. | 18,129 | 2,431 |
Ball Corp. | 43,890 | 2,427 | |
* | Veralto Corp. | 31,405 | 2,426 |
* | Waters Corp. | 8,329 | 2,337 |
Booz Allen Hamilton Holding Corp. | 18,504 | 2,315 | |
Hubbell Inc. | 7,634 | 2,290 | |
Jacobs Solutions Inc. | 17,901 | 2,277 | |
* | Axon Enterprise Inc. | 9,889 | 2,273 |
IDEX Corp. | 10,754 | 2,169 | |
JB Hunt Transport Services Inc. | 11,662 | 2,161 | |
Textron Inc. | 28,114 | 2,155 | |
Packaging Corp. of America | 12,550 | 2,109 | |
Snap-on Inc. | 7,382 | 2,028 | |
Amcor plc | 210,298 | 1,994 | |
Carlisle Cos. Inc. | 7,065 | 1,981 | |
Stanley Black & Decker Inc. | 21,781 | 1,980 | |
Masco Corp. | 31,903 | 1,932 | |
Synchrony Financial | 59,711 | 1,932 | |
Graco Inc. | 23,742 | 1,918 | |
Nordson Corp. | 8,123 | 1,912 | |
RPM International Inc. | 18,023 | 1,855 | |
Lennox International Inc. | 4,527 | 1,841 | |
Watsco Inc. | 4,705 | 1,798 | |
* | Zebra Technologies Corp. Class A | 7,281 | 1,725 |
Owens Corning | 12,705 | 1,723 | |
AECOM | 18,834 | 1,674 | |
Jack Henry & Associates Inc. | 10,271 | 1,630 | |
* | Trimble Inc. | 34,968 | 1,623 |
TransUnion | 27,484 | 1,614 | |
Lincoln Electric Holdings Inc. | 8,037 | 1,592 | |
HEICO Corp. Class A | 11,282 | 1,550 | |
Pentair plc | 23,616 | 1,524 | |
Westrock Co. | 36,524 | 1,504 | |
CNH Industrial NV | 138,985 | 1,493 | |
* | Saia Inc. | 3,814 | 1,489 |
* | XPO Inc. | 16,409 | 1,416 |
Shares | Market Value ($000) | ||
EMCOR Group Inc. | 6,618 | 1,406 | |
CH Robinson Worldwide Inc. | 16,543 | 1,357 | |
* | TopBuild Corp. | 4,559 | 1,348 |
Allegion plc | 12,642 | 1,341 | |
Huntington Ingalls Industries Inc. | 5,649 | 1,339 | |
A O Smith Corp. | 17,662 | 1,331 | |
Crown Holdings Inc. | 15,268 | 1,313 | |
ITT Inc. | 11,925 | 1,291 | |
nVent Electric plc | 23,679 | 1,261 | |
Fortune Brands Innovations Inc. | 18,213 | 1,246 | |
Toro Co. | 14,992 | 1,244 | |
Robert Half Inc. | 15,140 | 1,241 | |
Knight-Swift Transportation Holdings Inc. | 22,405 | 1,205 | |
AptarGroup Inc. | 9,400 | 1,193 | |
Tetra Tech Inc. | 7,535 | 1,192 | |
* | WillScot Mobile Mini Holdings Corp. | 28,316 | 1,181 |
Advanced Drainage Systems Inc. | 9,730 | 1,178 | |
Curtiss-Wright Corp. | 5,503 | 1,177 | |
Woodward Inc. | 8,512 | 1,151 | |
Regal Rexnord Corp. | 9,524 | 1,141 | |
Berry Global Group Inc. | 16,888 | 1,117 | |
HEICO Corp. | 6,520 | 1,115 | |
* | Trex Co. Inc. | 15,694 | 1,103 |
* | WEX Inc. | 6,155 | 1,087 |
* | Affirm Holdings Inc. | 30,910 | 1,064 |
Donaldson Co. Inc. | 17,146 | 1,043 | |
* | FTI Consulting Inc. | 4,702 | 1,037 |
BWX Technologies Inc. | 13,137 | 1,025 | |
* | Generac Holdings Inc. | 8,751 | 1,024 |
AGCO Corp. | 9,019 | 1,024 | |
* | Axalta Coating Systems Ltd. | 31,864 | 1,003 |
WESCO International Inc. | 6,380 | 994 | |
Graphic Packaging Holding Co. | 43,807 | 993 | |
* | Middleby Corp. | 7,671 | 968 |
* | Bill Holdings Inc. | 14,582 | 955 |
* | Paylocity Holding Corp. | 6,047 | 947 |
* | GXO Logistics Inc. | 16,837 | 947 |
Cognex Corp. | 24,886 | 938 | |
MSA Safety Inc. | 5,317 | 926 | |
Eagle Materials Inc. | 5,049 | 914 | |
Oshkosh Corp. | 9,155 | 891 | |
Genpact Ltd. | 25,881 | 879 | |
Landstar System Inc. | 5,035 | 869 | |
Littelfuse Inc. | 3,486 | 812 | |
Brunswick Corp. | 10,273 | 810 | |
Acuity Brands Inc. | 4,412 | 791 | |
MKS Instruments Inc. | 9,555 | 789 | |
Sonoco Products Co. | 14,054 | 775 | |
Vontier Corp. | 21,846 | 737 | |
Crane Co. | 6,877 | 727 | |
Flowserve Corp. | 18,917 | 724 | |
Sensata Technologies Holding plc | 21,430 | 697 | |
Ryder System Inc. | 6,428 | 689 | |
Allison Transmission Holdings Inc. | 12,807 | 685 | |
Sealed Air Corp. | 20,356 | 679 | |
* | Mohawk Industries Inc. | 7,617 | 673 |
Valmont Industries Inc. | 2,931 | 644 | |
* | AZEK Co. Inc. | 18,675 | 644 |
Shares | Market Value ($000) | ||
* | Kirby Corp. | 8,290 | 636 |
Western Union Co. | 53,966 | 628 | |
MSC Industrial Direct Co. Inc. Class A | 6,433 | 627 | |
Esab Corp. | 7,981 | 616 | |
* | Core & Main Inc. Class A | 17,167 | 601 |
* | Euronet Worldwide Inc. | 6,824 | 595 |
Air Lease Corp. | 14,455 | 561 | |
Louisiana-Pacific Corp. | 8,973 | 547 | |
Armstrong World Industries Inc. | 6,439 | 546 | |
* | MasTec Inc. | 8,962 | 543 |
MDU Resources Group Inc. | 27,977 | 535 | |
ManpowerGroup Inc. | 7,131 | 529 | |
* | Shift4 Payments Inc. Class A | 7,625 | 502 |
Silgan Holdings Inc. | 11,681 | 487 | |
* | Spirit AeroSystems Holdings Inc. Class A | 15,238 | 419 |
Crane NXT Co. | 7,018 | 361 | |
* | Vestis Corp. | 16,738 | 306 |
* | Mercury Systems Inc. | 6,860 | 235 |
* | Hayward Holdings Inc. | 19,461 | 229 |
* | NCR Atleos Corp. | 9,317 | 207 |
Schneider National Inc. Class B | 8,146 | 188 | |
* | Gates Industrial Corp. plc | 15,348 | 188 |
ADT Inc. | 29,640 | 174 | |
Ardagh Metal Packaging SA | 21,367 | 86 | |
* | Ardagh Group SA | 2,011 | 18 |
758,407 | |||
Real Estate (2.7%) | |||
Prologis Inc. | 131,685 | 15,135 | |
American Tower Corp. | 66,424 | 13,868 | |
Equinix Inc. | 13,338 | 10,871 | |
Crown Castle Inc. | 61,634 | 7,228 | |
Welltower Inc. | 73,429 | 6,542 | |
Digital Realty Trust Inc. | 42,694 | 5,925 | |
Public Storage | 22,369 | 5,788 | |
Simon Property Group Inc. | 46,292 | 5,781 | |
Realty Income Corp. | 96,081 | 5,185 | |
* | CoStar Group Inc. | 57,724 | 4,793 |
VICI Properties Inc. | 143,501 | 4,289 | |
Extra Space Storage Inc. | 29,766 | 3,875 | |
SBA Communications Corp. | 15,329 | 3,786 | |
* | CBRE Group Inc. Class A | 44,195 | 3,490 |
AvalonBay Communities Inc. | 20,155 | 3,486 | |
Weyerhaeuser Co. | 104,602 | 3,279 | |
Equity Residential | 53,264 | 3,027 | |
Invitation Homes Inc. | 87,194 | 2,909 | |
Alexandria Real Estate Equities Inc. | 24,455 | 2,675 | |
Iron Mountain Inc. | 41,307 | 2,650 | |
Ventas Inc. | 57,017 | 2,614 | |
Sun Communities Inc. | 17,494 | 2,263 | |
Mid-America Apartment Communities Inc. | 16,547 | 2,060 | |
Essex Property Trust Inc. | 9,080 | 1,938 | |
WP Carey Inc. | 30,105 | 1,874 | |
Equity LifeStyle Properties Inc. | 25,152 | 1,788 | |
Host Hotels & Resorts Inc. | 100,201 | 1,750 | |
American Homes 4 Rent Class A | 47,140 | 1,710 | |
Gaming and Leisure Properties Inc. | 35,629 | 1,665 | |
Kimco Realty Corp. | 85,643 | 1,655 | |
Regency Centers Corp. | 25,974 | 1,631 |
Shares | Market Value ($000) | ||
UDR Inc. | 46,576 | 1,556 | |
Rexford Industrial Realty Inc. | 29,294 | 1,442 | |
Healthpeak Properties Inc. | 78,764 | 1,364 | |
Camden Property Trust | 14,936 | 1,348 | |
Boston Properties Inc. | 22,335 | 1,272 | |
Lamar Advertising Co. Class A | 12,529 | 1,269 | |
CubeSmart | 31,595 | 1,256 | |
Federal Realty Investment Trust | 11,640 | 1,113 | |
Americold Realty Trust Inc. | 38,878 | 1,097 | |
EastGroup Properties Inc. | 6,316 | 1,097 | |
Omega Healthcare Investors Inc. | 33,737 | 1,071 | |
* | Jones Lang LaSalle Inc. | 6,834 | 1,063 |
NNN REIT Inc. | 25,518 | 1,037 | |
STAG Industrial Inc. | 25,992 | 932 | |
Brixmor Property Group Inc. | 43,080 | 927 | |
First Industrial Realty Trust Inc. | 18,955 | 892 | |
* | Zillow Group Inc. Class C | 21,284 | 871 |
Healthcare Realty Trust Inc. | 54,702 | 835 | |
Spirit Realty Capital Inc. | 20,005 | 826 | |
Agree Realty Corp. | 12,960 | 767 | |
Apartment Income REIT Corp. | 21,473 | 668 | |
Rayonier Inc. | 21,191 | 650 | |
Vornado Realty Trust | 24,743 | 582 | |
Kilroy Realty Corp. | 17,053 | 562 | |
EPR Properties | 10,632 | 474 | |
Cousins Properties Inc. | 21,723 | 446 | |
Park Hotels & Resorts Inc. | 29,109 | 432 | |
Medical Properties Trust Inc. | 85,875 | 416 | |
National Storage Affiliates Trust | 11,199 | 372 | |
* | Howard Hughes Holdings Inc. | 4,959 | 365 |
* | Zillow Group Inc. Class A | 8,658 | 341 |
Highwoods Properties Inc. | 15,345 | 291 | |
* | NET Lease Office Properties | 2,011 | 33 |
163,197 | |||
Technology (31.9%) | |||
Apple Inc. | 2,131,707 | 404,918 | |
Microsoft Corp. | 1,063,013 | 402,786 | |
NVIDIA Corp. | 339,394 | 158,735 | |
* | Alphabet Inc. Class A | 849,268 | 112,553 |
* | Meta Platforms Inc. Class A | 315,935 | 103,358 |
* | Alphabet Inc. Class C | 725,981 | 97,223 |
Broadcom Inc. | 61,560 | 56,988 | |
* | Adobe Inc. | 65,420 | 39,972 |
* | Salesforce Inc. | 135,154 | 34,045 |
* | Advanced Micro Devices Inc. | 228,859 | 27,729 |
Intel Corp. | 596,199 | 26,650 | |
Oracle Corp. | 217,121 | 25,232 | |
Intuit Inc. | 38,996 | 22,285 | |
International Business Machines Corp. | 129,852 | 20,589 | |
QUALCOMM Inc. | 159,308 | 20,559 | |
* | ServiceNow Inc. | 29,045 | 19,917 |
Texas Instruments Inc. | 129,737 | 19,812 | |
Applied Materials Inc. | 120,558 | 18,057 | |
Lam Research Corp. | 19,163 | 13,719 | |
Analog Devices Inc. | 72,200 | 13,240 | |
* | Palo Alto Networks Inc. | 43,012 | 12,692 |
Micron Technology Inc. | 155,971 | 11,872 | |
* | Synopsys Inc. | 21,666 | 11,770 |
Shares | Market Value ($000) | ||
KLA Corp. | 19,589 | 10,669 | |
* | Cadence Design Systems Inc. | 38,650 | 10,562 |
* | Snowflake Inc. Class A | 44,278 | 8,310 |
Roper Technologies Inc. | 15,113 | 8,135 | |
* | Workday Inc. Class A | 28,255 | 7,649 |
Amphenol Corp. Class A | 83,117 | 7,563 | |
* | Crowdstrike Holdings Inc. Class A | 30,062 | 7,124 |
Marvell Technology Inc. | 122,120 | 6,806 | |
* | Autodesk Inc. | 30,709 | 6,708 |
Microchip Technology Inc. | 76,872 | 6,414 | |
* | Palantir Technologies Inc. Class A | 267,507 | 5,363 |
Cognizant Technology Solutions Corp. Class A | 72,575 | 5,108 | |
* | Fortinet Inc. | 93,845 | 4,932 |
* | Gartner Inc. | 10,969 | 4,770 |
* | Datadog Inc. Class A | 39,003 | 4,547 |
* | ON Semiconductor Corp. | 61,603 | 4,394 |
CDW Corp. | 19,330 | 4,076 | |
* | DoorDash Inc. Class A | 43,047 | 4,046 |
* | Atlassian Corp. Ltd. Class A | 20,671 | 3,947 |
* | MongoDB Inc. | 9,372 | 3,896 |
* | ANSYS Inc. | 12,406 | 3,639 |
HP Inc. | 122,950 | 3,607 | |
Monolithic Power Systems Inc. | 6,485 | 3,558 | |
* | Splunk Inc. | 21,823 | 3,307 |
* | HubSpot Inc. | 6,527 | 3,224 |
* | Cloudflare Inc. Class A | 40,993 | 3,163 |
Hewlett Packard Enterprise Co. | 184,794 | 3,125 | |
Corning Inc. | 108,738 | 3,098 | |
* | Pinterest Inc. Class A | 84,576 | 2,881 |
NetApp Inc. | 30,025 | 2,744 | |
* | VeriSign Inc. | 12,915 | 2,741 |
* | PTC Inc. | 16,357 | 2,574 |
* | Akamai Technologies Inc. | 21,864 | 2,526 |
* | Zscaler Inc. | 12,400 | 2,449 |
* | Zoom Video Communications Inc. Class A | 35,868 | 2,433 |
* | Tyler Technologies Inc. | 5,924 | 2,422 |
Entegris Inc. | 21,253 | 2,219 | |
Skyworks Solutions Inc. | 22,671 | 2,197 | |
* | Western Digital Corp. | 45,284 | 2,188 |
* | GoDaddy Inc. Class A | 21,804 | 2,182 |
* | Vertiv Holdings Co. Class A | 49,297 | 2,152 |
Jabil Inc. | 18,138 | 2,092 | |
Leidos Holdings Inc. | 19,368 | 2,079 | |
Teradyne Inc. | 22,183 | 2,046 | |
* | EPAM Systems Inc. | 7,889 | 2,037 |
* | Manhattan Associates Inc. | 8,754 | 1,953 |
* | Dynatrace Inc. | 34,281 | 1,836 |
Gen Digital Inc. (XNGS) | 79,718 | 1,760 | |
SS&C Technologies Holdings Inc. | 30,845 | 1,735 | |
* | Twilio Inc. Class A | 24,435 | 1,580 |
* | F5 Inc. | 8,503 | 1,456 |
Bentley Systems Inc. Class B | 27,713 | 1,443 | |
* | Ceridian HCM Holding Inc. | 20,762 | 1,430 |
* | Okta Inc. | 21,311 | 1,429 |
Amdocs Ltd. | 16,780 | 1,406 | |
* | Nutanix Inc. Class A | 32,446 | 1,398 |
* | Qorvo Inc. | 14,091 | 1,360 |
* | Pure Storage Inc. Class A | 39,794 | 1,326 |
Shares | Market Value ($000) | ||
Paycom Software Inc. | 7,284 | 1,323 | |
* | Globant SA | 5,832 | 1,288 |
* | Match Group Inc. | 39,530 | 1,280 |
* | DocuSign Inc. | 29,166 | 1,257 |
* | Unity Software Inc. | 40,783 | 1,203 |
* | Guidewire Software Inc. | 11,615 | 1,161 |
Universal Display Corp. | 6,745 | 1,141 | |
* | Lattice Semiconductor Corp. | 19,344 | 1,133 |
* | AppLovin Corp. Class A | 30,228 | 1,133 |
* | UiPath Inc. Class A | 54,139 | 1,070 |
* | CACI International Inc. Class A | 3,252 | 1,044 |
* | Dropbox Inc. Class A | 36,644 | 1,033 |
KBR Inc. | 19,476 | 1,006 | |
* | Arrow Electronics Inc. | 8,247 | 978 |
Science Applications International Corp. | 7,738 | 909 | |
* | Elastic NV | 11,229 | 902 |
* | Five9 Inc. | 10,257 | 782 |
* | Smartsheet Inc. Class A | 18,071 | 766 |
* | Toast Inc. Class A | 51,088 | 760 |
* | Aspen Technology Inc. | 3,925 | 739 |
Dolby Laboratories Inc. Class A | 8,333 | 718 | |
* | DXC Technology Co. | 30,603 | 708 |
* | Procore Technologies Inc. | 11,397 | 673 |
TD SYNNEX Corp. | 6,718 | 663 | |
* | Teradata Corp. | 13,979 | 660 |
* | Wolfspeed Inc. | 17,863 | 658 |
* | ZoomInfo Technologies Inc. | 44,942 | 646 |
* | SentinelOne Inc. Class A | 33,657 | 642 |
* | DoubleVerify Holdings Inc. | 19,094 | 634 |
* | Coherent Corp. | 16,970 | 624 |
* | Gitlab Inc. Class A | 12,767 | 617 |
* | GLOBALFOUNDRIES Inc. | 11,418 | 613 |
Avnet Inc. | 13,086 | 612 | |
* | Kyndryl Holdings Inc. | 33,313 | 601 |
Concentrix Corp. | 6,341 | 596 | |
* | Cirrus Logic Inc. | 7,751 | 588 |
* | Confluent Inc. Class A | 26,693 | 566 |
* | Clarivate plc | 65,850 | 511 |
* | IAC Inc. | 10,263 | 491 |
Dun & Bradstreet Holdings Inc. | 38,881 | 412 | |
* | IPG Photonics Corp. | 4,193 | 402 |
* | CCC Intelligent Solutions Holdings Inc. | 31,923 | 373 |
* | Alteryx Inc. Class A | 8,898 | 356 |
* | RingCentral Inc. Class A | 12,188 | 347 |
* | HashiCorp Inc. Class A | 14,217 | 305 |
Pegasystems Inc. | 5,846 | 304 | |
* | NCR Voyix Corp. | 18,635 | 292 |
* | Allegro MicroSystems Inc. | 10,670 | 290 |
* | nCino Inc. | 10,041 | 277 |
* | Paycor HCM Inc. | 8,305 | 176 |
* | Informatica Inc. Class A | 6,563 | 165 |
* | Klaviyo Inc. Class A | 169 | 5 |
* | Maplebear Inc. | 41 | 1 |
1,922,949 | |||
Telecommunications (2.2%) | |||
Cisco Systems Inc. | 585,640 | 28,333 | |
Comcast Corp. Class A | 584,434 | 24,482 | |
Verizon Communications Inc. | 600,811 | 23,029 |
Shares | Market Value ($000) | ||
AT&T Inc. | 1,021,498 | 16,926 | |
T-Mobile US Inc. | 76,030 | 11,439 | |
* | Arista Networks Inc. | 35,824 | 7,871 |
Motorola Solutions Inc. | 23,609 | 7,623 | |
* | Charter Communications Inc. Class A | 14,667 | 5,869 |
* | Roku Inc. | 17,760 | 1,851 |
* | Liberty Broadband Corp. Class C | 16,534 | 1,374 |
Juniper Networks Inc. | 45,897 | 1,306 | |
* | Ciena Corp. | 21,392 | 981 |
* | Frontier Communications Parent Inc. | 35,690 | 781 |
Iridium Communications Inc. | 17,946 | 684 | |
Cable One Inc. | 777 | 413 | |
* | Lumentum Holdings Inc. | 9,586 | 410 |
* | ViaSat Inc. | 17,223 | 352 |
* | Liberty Broadband Corp. Class A | 2,314 | 192 |
* | DISH Network Corp. Class A | 34,796 | 127 |
Ubiquiti Inc. | 621 | 70 | |
*,2 | GCI Liberty Inc. | 11,885 | — |
134,113 | |||
Utilities (2.6%) | |||
NextEra Energy Inc. | 289,016 | 16,910 | |
Southern Co. | 155,759 | 11,056 | |
Duke Energy Corp. | 110,130 | 10,163 | |
Waste Management Inc. | 58,154 | 9,944 | |
Sempra | 89,853 | 6,548 | |
American Electric Power Co. Inc. | 73,645 | 5,858 | |
Constellation Energy Corp. | 46,793 | 5,664 | |
Exelon Corp. | 142,152 | 5,474 | |
Dominion Energy Inc. | 119,515 | 5,419 | |
* | PG&E Corp. | 286,050 | 4,911 |
Republic Services Inc. | 29,522 | 4,778 | |
Xcel Energy Inc. | 78,433 | 4,772 | |
Public Service Enterprise Group Inc. | 71,220 | 4,446 | |
Consolidated Edison Inc. | 49,310 | 4,443 | |
WEC Energy Group Inc. | 45,059 | 3,768 | |
American Water Works Co. Inc. | 27,829 | 3,669 | |
Edison International | 53,690 | 3,597 | |
DTE Energy Co. | 29,436 | 3,065 | |
Entergy Corp. | 30,164 | 3,059 | |
Eversource Energy | 49,648 | 2,950 | |
Ameren Corp. | 37,358 | 2,899 | |
FirstEnergy Corp. | 77,640 | 2,868 | |
PPL Corp. | 105,176 | 2,747 | |
CenterPoint Energy Inc. | 89,883 | 2,541 | |
CMS Energy Corp. | 41,363 | 2,348 | |
Atmos Energy Corp. | 20,532 | 2,337 | |
Vistra Corp. | 52,232 | 1,849 | |
Alliant Energy Corp. | 36,145 | 1,828 | |
AES Corp. | 96,127 | 1,654 | |
Evergy Inc. | 31,557 | 1,611 | |
NRG Energy Inc. | 33,247 | 1,591 | |
NiSource Inc. | 59,447 | 1,524 | |
Essential Utilities Inc. | 34,943 | 1,244 | |
Pinnacle West Capital Corp. | 16,284 | 1,220 | |
* | Clean Harbors Inc. | 7,178 | 1,160 |
OGE Energy Corp. | 28,731 | 1,007 | |
IDACORP Inc. | 7,272 | 702 | |
UGI Corp. | 30,211 | 664 |
Shares | Market Value ($000) | ||
National Fuel Gas Co. | 12,777 | 649 | |
* | Stericycle Inc. | 13,387 | 629 |
Brookfield Renewable Corp. Class A | 18,654 | 495 | |
Clearway Energy Inc. Class C | 15,923 | 398 | |
* | Sunrun Inc. | 29,561 | 381 |
Avangrid Inc. | 9,818 | 303 | |
Hawaiian Electric Industries Inc. | 15,845 | 193 | |
Clearway Energy Inc. Class A | 88 | 2 | |
155,338 | |||
Total Common Stocks (Cost $4,386,887) | 6,006,298 | ||
Temporary Cash Investments (0.2%) | |||
Money Market Fund (0.2%) | |||
3,4 | Vanguard Market Liquidity Fund, 5.438% (Cost $13,067) | 130,687 | 13,067 |
Total Investments (99.9%) (Cost $4,399,954) | 6,019,365 | ||
Other Assets and Liabilities—Net (0.1%) | 8,699 | ||
Net Assets (100%) | 6,028,064 | ||
Cost is in $000. |
* | Non-income-producing security. |
1 | Includes partial security positions on loan to broker-dealers. The total value of securities on loan is $1,245,000. |
2 | Security value determined using significant unobservable inputs. |
3 | Affiliated money market fund available only to Vanguard funds and certain trusts and accounts managed by Vanguard. Rate shown is the 7-day yield. |
4 | Collateral of $1,409,000 was received for securities on loan. |
REIT—Real Estate Investment Trust. |
Derivative Financial Instruments Outstanding as of Period End
Futures Contracts | ||||
($000) | ||||
Expiration | Number of Long (Short) Contracts | Notional Amount | Value and Unrealized Appreciation (Depreciation) | |
Long Futures Contracts | ||||
E-mini S&P 500 Index | December 2023 | 95 | 21,740 | 599 |
A. Security Valuation: Securities are valued as of the close of trading on the New York Stock Exchange (generally 4 p.m., Eastern time) on the valuation date. Equity securities are valued at the latest quoted sales prices or official closing prices taken from the primary market in which each security trades; such securities not traded on the valuation date are valued at the mean of the latest quoted bid and asked prices. Securities for which market quotations are not readily available, or whose values have been affected by events occurring before the fund’s pricing time but after the close of the securities’ primary markets, are valued by methods deemed by the valuation designee to represent fair value and subject to oversight by the board of trustees. Investments in Vanguard Market Liquidity Fund are valued at that fund's net asset value.
B. Futures Contracts: The fund uses index futures contracts to a limited extent, with the objectives of maintaining full exposure to the stock market, maintaining liquidity, and minimizing transaction costs. The fund may purchase futures contracts to immediately invest incoming cash in the market, or sell futures in response to cash outflows, thereby simulating a fully invested position in the underlying index while maintaining a cash balance for liquidity. The primary risks associated with the use of futures contracts are imperfect correlation between changes in market values of stocks held by the fund and the prices of futures contracts, and the possibility of an illiquid market.
Counterparty risk involving futures is mitigated because a regulated clearinghouse is the counterparty instead of the clearing broker. To further mitigate counterparty risk, the fund trades futures contracts on an exchange, monitors the financial strength of its clearing brokers and clearinghouse, and has entered into clearing agreements with its clearing brokers. The clearinghouse imposes initial margin requirements to secure the fund’s performance and requires daily settlement of variation margin representing changes in the market value of each contract. Any securities pledged as initial margin for open contracts are noted in the Schedule of Investments.
Futures contracts are valued at their quoted daily settlement prices. Fluctuations in the value of the contracts are recorded as an asset (liability).
C. Various inputs may be used to determine the value of the fund’s investments and derivatives. These inputs are summarized in three broad levels for financial statement purposes. The inputs or methodologies used to value securities are not necessarily an indication of the risk associated with investing in those securities.
Level 1—Quoted prices in active markets for identical securities.
Level 2—Other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.).
Level 3—Significant unobservable inputs (including the fund’s own assumptions used to determine the fair value of investments). Any investments and derivatives valued with significant unobservable inputs are noted on the Schedule of Investments.
The following table summarizes the market value of the fund’s investments and derivatives as of November 30, 2023, based on the inputs used to value them:
Level 1 ($000) | Level 2 ($000) | Level 3 ($000) | Total ($000) | |
Investments | ||||
Assets | ||||
Common Stocks | 6,006,280 | 18 | — | 6,006,298 |
Temporary Cash Investments | 13,067 | — | — | 13,067 |
Total | 6,019,347 | 18 | — | 6,019,365 |
Derivative Financial Instruments | ||||
Assets | ||||
Futures Contracts1 | 599 | — | — | 599 |
1 | Includes cumulative appreciation (depreciation) on futures contracts and centrally cleared swaps, if any, as reported in the Schedule of Investments. |