John Hancock
Disciplined Value Mid Cap Fund
Quarterly portfolio holdings 6/30/2021
Fund’s investments |
As of 6-30-21 (unaudited)
Shares | Value | ||||
Common stocks 97.4% | $18,173,596,667 | ||||
(Cost $12,133,904,297) | |||||
Communication services 1.9% | 347,338,636 | ||||
Entertainment 0.5% | |||||
Live Nation Entertainment, Inc. (A) | 997,174 | 87,342,471 | |||
Interactive media and services 0.4% | |||||
Yelp, Inc. (A) | 1,628,831 | 65,088,087 | |||
Media 1.0% | |||||
Altice USA, Inc., Class A (A) | 2,635,217 | 89,966,308 | |||
TEGNA, Inc. | 5,593,911 | 104,941,770 | |||
Consumer discretionary 13.4% | 2,500,104,427 | ||||
Auto components 1.1% | |||||
Gentex Corp. | 2,677,274 | 88,590,997 | |||
Lear Corp. | 599,189 | 105,025,848 | |||
Automobiles 0.9% | |||||
Harley-Davidson, Inc. | 3,748,528 | 171,757,553 | |||
Distributors 0.5% | |||||
LKQ Corp. (A) | 2,010,336 | 98,948,738 | |||
Hotels, restaurants and leisure 3.3% | |||||
Darden Restaurants, Inc. | 594,109 | 86,733,973 | |||
Expedia Group, Inc. (A) | 618,026 | 101,177,036 | |||
International Game Technology PLC (A) | 1,819,825 | 43,603,007 | |||
Las Vegas Sands Corp. (A) | 1,996,550 | 105,198,220 | |||
Marriott International, Inc., Class A (A) | 706,092 | 96,395,680 | |||
Travel + Leisure Company | 1,247,847 | 74,184,504 | |||
Wyndham Hotels & Resorts, Inc. | 1,582,890 | 114,427,118 | |||
Household durables 2.1% | |||||
Mohawk Industries, Inc. (A) | 801,432 | 154,027,216 | |||
Tempur Sealy International, Inc. | 1,601,451 | 62,760,865 | |||
Whirlpool Corp. | 777,619 | 169,536,494 | |||
Internet and direct marketing retail 0.6% | |||||
eBay, Inc. | 1,620,658 | 113,786,398 | |||
Leisure products 1.1% | |||||
Hasbro, Inc. | 1,138,781 | 107,637,580 | |||
Polaris, Inc. | 740,650 | 101,439,424 | |||
Multiline retail 0.3% | |||||
Dollar Tree, Inc. (A) | 500,933 | 49,842,834 | |||
Specialty retail 3.5% | |||||
AutoZone, Inc. (A) | 180,877 | 269,908,277 | |||
Best Buy Company, Inc. | 480,497 | 55,247,545 | |||
Foot Locker, Inc. | 1,608,398 | 99,125,569 | |||
Ross Stores, Inc. | 1,022,882 | 126,837,368 | |||
Ulta Beauty, Inc. (A) | 300,524 | 103,912,183 | |||
Consumer staples 1.7% | 312,230,224 | ||||
Beverages 0.8% | |||||
Coca-Cola Europacific Partners PLC | 2,656,224 | 157,567,208 | |||
Food and staples retailing 0.5% | |||||
U.S. Foods Holding Corp. (A) | 2,169,785 | 83,232,953 | |||
Food products 0.4% | |||||
Nomad Foods, Ltd. (A) | 2,526,709 | 71,430,063 |
2 | JOHN HANCOCK DISCIPLINED VALUE MID CAP FUND | QUARTERLY REPORT | SEE NOTES TO FUND’S INVESTMENTS |
Shares | Value | ||||
Energy 7.0% | $1,310,901,782 | ||||
Energy equipment and services 2.8% | |||||
ChampionX Corp. (A) | 4,523,294 | 116,022,491 | |||
Halliburton Company | 4,969,992 | 114,906,215 | |||
Helmerich & Payne, Inc. | 2,641,021 | 86,176,515 | |||
Schlumberger NV | 6,696,655 | 214,359,927 | |||
Oil, gas and consumable fuels 4.2% | |||||
ConocoPhillips | 3,128,791 | 190,543,372 | |||
Diamondback Energy, Inc. | 1,189,980 | 111,727,222 | |||
HollyFrontier Corp. | 2,719,930 | 89,485,697 | |||
Marathon Petroleum Corp. (B) | 2,624,668 | 158,582,441 | |||
Pioneer Natural Resources Company | 880,060 | 143,027,351 | |||
Valero Energy Corp. | 1,102,338 | 86,070,551 | |||
Financials 17.9% | 3,338,577,989 | ||||
Banks 7.5% | |||||
East West Bancorp, Inc. | 2,843,197 | 203,828,793 | |||
Fifth Third Bancorp | 9,893,361 | 378,223,191 | |||
Huntington Bancshares, Inc. | 21,611,421 | 308,394,978 | |||
KeyCorp | 13,485,166 | 278,468,677 | |||
Truist Financial Corp. | 4,040,367 | 224,240,369 | |||
Capital markets 2.4% | |||||
Ameriprise Financial, Inc. | 1,456,734 | 362,551,958 | |||
State Street Corp. | 1,117,502 | 91,948,065 | |||
Consumer finance 2.8% | |||||
Capital One Financial Corp. | 586,613 | 90,743,165 | |||
Discover Financial Services | 2,019,379 | 238,872,342 | |||
SLM Corp. | 5,308,571 | 111,161,477 | |||
Synchrony Financial | 1,824,482 | 88,523,867 | |||
Insurance 4.9% | |||||
Aflac, Inc. | 1,363,967 | 73,190,469 | |||
Alleghany Corp. (A) | 244,709 | 163,238,033 | |||
American International Group, Inc. | 2,423,426 | 115,355,078 | |||
Aon PLC, Class A | 460,852 | 110,033,024 | |||
Everest Re Group, Ltd. | 589,324 | 148,515,541 | |||
Globe Life, Inc. | 1,046,210 | 99,651,503 | |||
RenaissanceRe Holdings, Ltd. | 407,068 | 60,579,860 | |||
The Travelers Companies, Inc. | 479,817 | 71,833,403 | |||
Willis Towers Watson PLC | 306,945 | 70,603,489 | |||
Thrifts and mortgage finance 0.3% | |||||
Essent Group, Ltd. | 1,081,662 | 48,620,707 | |||
Health care 8.6% | 1,609,532,642 | ||||
Health care equipment and supplies 1.3% | |||||
Boston Scientific Corp. (A) | 1,578,547 | 67,498,670 | |||
Zimmer Biomet Holdings, Inc. | 1,070,128 | 172,097,985 | |||
Health care providers and services 5.0% | |||||
AmerisourceBergen Corp. | 1,386,091 | 158,693,559 | |||
Centene Corp. (A) | 1,873,499 | 136,634,282 | |||
HCA Healthcare, Inc. | 547,004 | 113,087,607 | |||
Humana, Inc. | 398,890 | 176,596,581 | |||
Laboratory Corp. of America Holdings (A) | 252,114 | 69,545,647 | |||
Molina Healthcare, Inc. (A) | 378,602 | 95,809,022 | |||
Universal Health Services, Inc., Class B | 1,266,373 | 185,434,998 |
SEE NOTES TO FUND’S INVESTMENTS | QUARTERLY REPORT | JOHN HANCOCK DISCIPLINED VALUE MID CAP FUND | 3 |
Shares | Value | ||||
Health care (continued) | |||||
Life sciences tools and services 2.0% | |||||
Avantor, Inc. (A) | 4,495,620 | $159,639,466 | |||
ICON PLC (A)(B) | 700,243 | 144,747,231 | |||
IQVIA Holdings, Inc. (A) | 281,525 | 68,219,138 | |||
Pharmaceuticals 0.3% | |||||
Jazz Pharmaceuticals PLC (A) | 346,366 | 61,528,456 | |||
Industrials 21.0% | 3,923,904,424 | ||||
Aerospace and defense 6.3% | |||||
BWX Technologies, Inc. | 1,983,423 | 115,276,545 | |||
Curtiss-Wright Corp. | 683,629 | 81,187,780 | |||
General Dynamics Corp. | 654,643 | 123,243,091 | |||
Hexcel Corp. (A) | 2,084,128 | 130,049,587 | |||
Howmet Aerospace, Inc. (A) | 5,567,281 | 191,904,176 | |||
Huntington Ingalls Industries, Inc. | 486,004 | 102,425,343 | |||
L3Harris Technologies, Inc. | 664,368 | 143,603,143 | |||
Maxar Technologies, Inc. | 1,906,783 | 76,118,777 | |||
Textron, Inc. | 3,222,737 | 221,627,623 | |||
Air freight and logistics 0.5% | |||||
Expeditors International of Washington, Inc. | 716,824 | 90,749,918 | |||
Airlines 1.0% | |||||
Alaska Air Group, Inc. (A) | 2,005,509 | 120,952,248 | |||
Southwest Airlines Company (A) | 1,120,296 | 59,476,515 | |||
Building products 0.9% | |||||
Masco Corp. | 1,477,106 | 87,016,314 | |||
Owens Corning | 902,489 | 88,353,673 | |||
Electrical equipment 3.9% | |||||
AMETEK, Inc. | 1,842,012 | 245,908,602 | |||
Eaton Corp. PLC | 1,739,933 | 257,823,272 | |||
Hubbell, Inc. | 295,470 | 55,205,615 | |||
Sensata Technologies Holding PLC (A) | 1,106,119 | 64,121,718 | |||
Vertiv Holdings Company | 3,578,098 | 97,682,075 | |||
Machinery 5.8% | |||||
Allison Transmission Holdings, Inc. | 2,767,733 | 109,989,709 | |||
Altra Industrial Motion Corp. | 1,613,177 | 104,888,769 | |||
Cummins, Inc. | 448,607 | 109,374,873 | |||
Dover Corp. | 1,845,091 | 277,870,705 | |||
ITT, Inc. | 1,565,707 | 143,403,104 | |||
Oshkosh Corp. | 1,300,637 | 162,111,396 | |||
Parker-Hannifin Corp. | 604,502 | 185,648,609 | |||
Professional services 2.6% | |||||
ASGN, Inc. (A) | 1,295,065 | 125,530,650 | |||
Leidos Holdings, Inc. | 1,240,583 | 125,422,941 | |||
Robert Half International, Inc. | 1,605,152 | 142,810,373 | |||
Science Applications International Corp. | 958,934 | 84,127,280 | |||
Information technology 8.8% | 1,634,631,688 | ||||
Communications equipment 0.3% | |||||
CommScope Holding Company, Inc. (A) | 2,904,260 | 61,889,781 | |||
Electronic equipment, instruments and components 1.7% | |||||
Flex, Ltd. (A) | 4,599,905 | 82,200,302 | |||
TE Connectivity, Ltd. | 1,774,654 | 239,950,967 |
4 | JOHN HANCOCK DISCIPLINED VALUE MID CAP FUND | QUARTERLY REPORT | SEE NOTES TO FUND’S INVESTMENTS |
Shares | Value | ||||
Information technology (continued) | |||||
IT services 1.0% | |||||
Amdocs, Ltd. | 875,000 | $67,690,000 | |||
EVERTEC, Inc. | 2,465,507 | 107,619,381 | |||
Semiconductors and semiconductor equipment 3.0% | |||||
KLA Corp. | 272,708 | 88,414,661 | |||
NXP Semiconductors NV | 1,083,463 | 222,890,008 | |||
Qorvo, Inc. (A) | 1,294,757 | 253,319,207 | |||
Software 1.0% | |||||
NortonLifeLock, Inc. | 3,268,031 | 88,955,804 | |||
SS&C Technologies Holdings, Inc. | 1,319,860 | 95,109,112 | |||
Technology hardware, storage and peripherals 1.8% | |||||
NetApp, Inc. | 1,405,804 | 115,022,883 | |||
Western Digital Corp. (A) | 2,066,873 | 147,099,351 | |||
Xerox Holdings Corp. | 2,744,582 | 64,470,231 | |||
Materials 6.0% | 1,125,298,654 | ||||
Chemicals 4.4% | |||||
Corteva, Inc. | 3,110,301 | 137,941,849 | |||
DuPont de Nemours, Inc. | 1,829,727 | 141,639,167 | |||
FMC Corp. | 1,792,806 | 193,981,609 | |||
Ingevity Corp. (A) | 961,758 | 78,248,631 | |||
PPG Industries, Inc. | 582,807 | 98,943,144 | |||
The Mosaic Company | 2,644,369 | 84,381,815 | |||
Valvoline, Inc. | 2,824,322 | 91,677,492 | |||
Construction materials 0.4% | |||||
Eagle Materials, Inc. | 502,132 | 71,357,979 | |||
Containers and packaging 1.0% | |||||
Avery Dennison Corp. | 339,951 | 71,471,298 | |||
Crown Holdings, Inc. | 1,052,972 | 107,624,268 | |||
Metals and mining 0.2% | |||||
Steel Dynamics, Inc. | 805,896 | 48,031,402 | |||
Real estate 7.2% | 1,336,828,530 | ||||
Equity real estate investment trusts 7.2% | |||||
American Homes 4 Rent, Class A | 2,782,984 | 108,118,928 | |||
Cousins Properties, Inc. | 2,773,898 | 102,023,968 | |||
CyrusOne, Inc. | 1,171,111 | 83,757,859 | |||
Duke Realty Corp. | 3,396,272 | 160,813,479 | |||
Equity Residential | 2,125,374 | 163,653,798 | |||
Essex Property Trust, Inc. | 399,354 | 119,810,194 | |||
Healthpeak Properties, Inc. | 2,813,966 | 93,676,928 | |||
Kilroy Realty Corp. | 1,357,630 | 94,545,353 | |||
Lamar Advertising Company, Class A | 786,023 | 82,076,522 | |||
Regency Centers Corp. | 2,341,758 | 150,036,435 | |||
Welltower, Inc. | 2,145,789 | 178,315,066 | |||
Utilities 3.9% | 734,247,671 | ||||
Electric utilities 2.1% | |||||
American Electric Power Company, Inc. | 851,456 | 72,024,663 | |||
Edison International | 2,192,451 | 126,767,517 | |||
Entergy Corp. | 1,162,136 | 115,864,959 | |||
PG&E Corp. (A) | 7,566,773 | 76,954,081 |
SEE NOTES TO FUND’S INVESTMENTS | QUARTERLY REPORT | JOHN HANCOCK DISCIPLINED VALUE MID CAP FUND | 5 |
Shares | Value | ||||
Utilities (continued) | |||||
Multi-utilities 1.8% | |||||
CenterPoint Energy, Inc. | 9,161,519 | $224,640,446 | |||
DTE Energy Company | 910,463 | 117,996,005 | |||
Yield (%) | Shares | Value | |||
Short-term investments 2.3% | $432,020,027 | ||||
(Cost $432,020,062) | |||||
Short-term funds 2.3% | 432,020,027 | ||||
John Hancock Collateral Trust (C) | 0.0324(D) | 1,095,704 | 10,962,083 | ||
State Street Institutional U.S. Government Money Market Fund, Premier Class | 0.0250(D) | 421,057,944 | 421,057,944 |
Total investments (Cost $12,565,924,359) 99.7% | $18,605,616,694 | ||||
Other assets and liabilities, net 0.3% | 48,377,427 | ||||
Total net assets 100.0% | $18,653,994,121 |
The percentage shown for each investment category is the total value of the category as a percentage of the net assets of the fund. | |
Security Abbreviations and Legend | |
(A) | Non-income producing security. |
(B) | All or a portion of this security is on loan as of 6-30-21. The value of securities on loan amounted to $10,720,133. |
(C) | Investment is an affiliate of the fund, the advisor and/or subadvisor. This security represents the investment of cash collateral received for securities lending. |
(D) | The rate shown is the annualized seven-day yield as of 6-30-21. |
6 | JOHN HANCOCK DISCIPLINED VALUE MID CAP FUND | QUARTERLY REPORT | SEE NOTES TO FUND’S INVESTMENTS |
Notes to Fund’s investments (unaudited) |
Security valuation. Investments are stated at value as of the scheduled close of regular trading on the New York Stock Exchange (NYSE), normally at 4:00 P.M., Eastern Time. In case of emergency or other disruption resulting in the NYSE not opening for trading or the NYSE closing at a time other than the regularly scheduled close, the net asset value (NAV) may be determined as of the regularly scheduled close of the NYSE pursuant to the fund’s Valuation Policies and Procedures.
In order to value the securities, the fund uses the following valuation techniques: Equity securities, including exchange-traded or closed-end funds, are typically valued at the last sale price or official closing price on the exchange or principal market where the security trades. In the event there were no sales during the day or closing prices are not available, the securities are valued using the last available bid price. Investments by the fund in open-end mutual funds, including John Hancock Collateral Trust (JHCT), are valued at their respective NAVs each business day.
In certain instances, the Pricing Committee may determine to value equity securities using prices obtained from another exchange or market if trading on the exchange or market on which prices are typically obtained did not open for trading as scheduled, or if trading closed earlier than scheduled, and trading occurred as normal on another exchange or market.
Other portfolio securities and assets, for which reliable market quotations are not readily available, are valued at fair value as determined in good faith by the fund’s Pricing Committee following procedures established by the Board of Trustees. The frequency with which these fair valuation procedures are used cannot be predicted and fair value of securities may differ significantly from the value that would have been used had a ready market for such securities existed.
The fund uses a three-tier hierarchy to prioritize the pricing assumptions, referred to as inputs, used in valuation techniques to measure fair value. Level 1 includes securities valued using quoted prices in active markets for identical securities, including registered investment companies. Level 2 includes securities valued using other significant observable inputs. Observable inputs may include quoted prices for similar securities, interest rates, prepayment speeds and credit risk. Prices for securities valued using these inputs are received from independent pricing vendors and brokers and are based on an evaluation of the inputs described. Level 3 includes securities valued using significant unobservable inputs when market prices are not readily available or reliable, including the fund’s own assumptions in determining the fair value of investments. Factors used in determining value may include market or issuer specific events or trends, changes in interest rates and credit quality. The inputs or methodology used for valuing securities are not necessarily an indication of the risks associated with investing in those securities. Changes in valuation techniques and related inputs may result in transfers into or out of an assigned level within the disclosure hierarchy.
As of June 30, 2021, all investments are categorized as Level 1 under the hierarchy described above.
Investment in affiliated underlying funds. The fund may invest in affiliated underlying funds that are managed by the Advisor and its affiliates. Information regarding the fund’s fiscal year to date purchases and sales of the affiliated underlying funds as well as income and capital gains earned by the fund, if any, is as follows:
Dividends and distributions | |||||||||
Affiliate | Ending share amount | Beginning value | Cost of purchases | Proceeds from shares sold | Realized gain (loss) | Change in unrealized appreciation (depreciation) | Income distributions received | Capital gain distributions received | Ending value |
John Hancock Collateral Trust | 1,095,704 | $1,229,904 | $84,120,118 | $(74,387,117) | $(811) | $(11) | $127,648 | — | $10,962,083 |
For additional information on the fund’s significant accounting policies and risks, please refer to the fund’s most recent semiannual or annual shareholder report and prospectus.
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